REGISTERED CHARITY NUMBER: 1018762
Report of the Trustees and Committee Unaudited Financial Statements for the Year ended 5[th] October 2020
For
The Littlemoor Charity
M G Walker & Co. Ltd 119A High Street Clay Cross Chesterfield Derbyshire S45 9DZ
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The Littlemoor Charity
Contents of the Financial Statements For the Year ended 5[th] October 2020
| Page | |
|---|---|
| Report of the Trustees | 3 |
| Independent Examiner’s Report | 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 |
| Notes to the Financial Statements | 7 - 10 |
| Reconciliation of Income and Expenditure | 11 |
| Detailed Statement of Financial Activities | 12 |
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The Littlemoor Charity Report of the Trustees For the Year ended 5[th] October 2020
The trustees and committee present their report with the financial statements of the charity for the year ended 5[th] October 2020. The trustees and committee have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1[st] January 2015).
STRUCTURE AND GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes an unincorporated charity.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity Number 1018762
Principal address
The Eagle Club Littlemoor, Chesterfield Derbyshire S41 8QN
Trustees
R Peet Rev B D Griffiths L J Howard
Committee of Management
J Marlow Ms M Marlow Mrs A Bennett M Thompson M Burrows P Law R Peet Rev R Blackwell (from 28[th] January 2020)
Independent Examiner
M G Walker & Co. Ltd 119A High Street Clay Cross, Chesterfield Derbyshire S45 9DZ
Approved by order of the board of trustees and committee on ................ and signed on its behalf by:
....................................................Trustee
....................................................Chairman
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The Littlemoor Charity
Independent Examiner’s Report to the Trustees
Independent examiner’s report to the trustees of The Littlemoor Charity
I report to the charity trustees and committee on my examination of the accounts of The Littlemoor Charity (the Trust) for the year ended 5[th] October 2020.
Responsibilities and basis of report
As the charity trustees and committee of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner’s statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
Accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
-
The accounts do not accord with those records; or
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The accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I confirm that there are no other matters to which your attention should be drawn to enable a proper understanding of the accounts to be reached.
.............................................
M G Walker & Co. Ltd 119A High Street Clay Cross, Chesterfield Derbyshire S45 9DZ
Date: ....................................
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The Littlemoor Charity
Statement of Financial Activities
For the Year ended 5[th] October 2020
| Unrestricted Restricted funds funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies Investment income 2 31,612 - Total 31,612 - EXPENDITURE ON Raising funds 3 (21,858) - NET INCOME/(EXPENDITURE) 9,754 - RECONCILIATION OF FUNDS Total funds brought forward 93,272 - TOTAL FUNDS CARRIED FORWARD 103,026 - |
Total funds 2020 31,612 31,612 (21,858) 9,754 93,272 103,026 |
Total funds 2019 29,105 29,105 (23,161) |
|---|---|---|
| 5,944 87,328 93,272 |
CONTINUING OPERATIONS
All income and expenditure has arisen from continuing activities
The notes form part of these financial statements
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The Littlemoor Charity
Balance Sheet
As at 5[th] October 2020
| Notes Unrestricted Restricted Funds Funds FIXED ASSETS Tangible assets 7 65,277 - CURRENT ASSETS Debtors 8 - - Cash at bank and in hand 38,701 - 38,701 - CREDITORS Amounts falling due within one year 9 (952) - NET CURRENT ASSETS 37,749 - TOTAL ASSETS LESS CURRENT LIABILITIES 103,026 - NET ASSETS 103,026 - FUNDS Unrestricted funds 10 103,026 TOTAL FUNDS 103,026 |
Total Funds 2020 65,277 - 38,701 38,701 (952) 37,749 103,026 103,026 103,026 103,026 |
Total Funds 2019 65,326 - 28,675 28,675 (729) 27,946 93,272 93,272 93,272 93,272 |
|---|---|---|
The financial statements were approved by the Board of Trustees and committee on ................................... and were signed on its behalf by:
..................................................... Trustee
.................................................... Chairman
The notes form part of these financial statements
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The Littlemoor Charity
Notes to the Financial Statements
For the Year Ended 5[th] October 2020
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015)’, Financial Reporting Standard 102, ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on a accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings 15% on reducing balance
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees and committee.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
2. INVESTMENT INCOME
| Other income (COVID Grant/RBS Incentive) Room hire Property rent Interest |
2020 £ 10,500 13,914 6,900 298 31,612 |
2019 £ 1,000 21,522 6,325 258 29,105 |
|---|---|---|
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The Littlemoor Charity
Notes to the Financial Statements - continued For the Year Ended 5[th] October 2020
3. RAISING FUNDS
Raising donations and legacies
| Staff costs Rates and water Light and heat Telephone Cleaning and Sundries Advertising Repairs – Eagle Club Repairs – School House Insurance – School House Insurance – Eagle Club Support Costs Investment management costs Management charges Inventory fees Advertising Aggregate amounts |
2020 9,687 781 2,885 428 549 55 1,183 2,670 485 2,110 599 21,432 2020 426 - - 426 21,858 |
2019 9,723 1,601 1,953 331 637 55 3,830 1,570 478 2,043 561 |
|---|---|---|
| 22,782 2019 379 - - 379 23,161 |
4. TRUSTEES’ REMUNERATION AND BENEFITS
There were no trustees’ or committee’s remuneration or other benefits for the year ended 5[th] October 2020, nor any for the year ended 5[th] October 2019.
Trustee’s expenses
There were no trustees’ or committee’s expenses paid for the year ended 5[th] October 2020, nor any for the year ended 5[th] October 2019.
5. STAFF COSTS
The average monthly number of employees during the year was as follows:
| 2020 | 2019 |
|---|---|
| 1 | 1 |
No employees received emoluments in excess of £60,000.
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The Littlemoor Charity
Notes to the Financial Statements - continued For the Year Ended 5[th] October 2020
6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| 2020 Unrestricted Restricted Funds Funds INCOME AND ENDOWMENTS FROM Donations and legacies - - Investment income 31,612 - Total 31,612 - EXPENDITURE ON Raising funds 21,858 - Total 21,858 - NET INCOME 9,754 - RECONCILIATION OF FUNDS Total funds brought forward 93,272 - TOTAL FUNDS CARRIED FORWARD 103,026 - 7. ** TANGIBLE FIXED ASSETS Freehold Fixtures and Property Fittings £ £ COST At 5thOctober 2019 and 2020 65,000 5,883 DEPRECIATION At 5thOctober 2019 - 5,557 Charge for the year - 49 At 5thOctober 2020 - 5,606 NET BOOK VALUE At 5thOctober 2020 65,000 277 At 5thOctober 2019 65,000 326 8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2020 £** Other debtors - |
2019 Total Funds - 29,105 29,105 23,161 23,161 5,944 87,328 93,272 Totals £ 70,883 5,557 49 5,606 65,277 65,326 2019 £ - |
|---|---|
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The Littlemoor Charity
Notes to the Financial Statements - continued For the Year Ended 5[th] October 2020
9.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
10.
| 2020 | 2019 | ||||
|---|---|---|---|---|---|
| £ | £ | ||||
| Trade creditors | - | (1) | |||
| Other creditors: | 952 |
730 | |||
| 952 | 729 | ||||
| MOVEMENT IN FUNDS | |||||
| Net movement in funds | |||||
| At | 5/10/19 | At 5/10/20 | |||
| £ | £ | ||||
| Unrestricted funds | |||||
| General fund | 93,272 |
9,754 | 103,026 | ||
| TOTAL FUNDS | 93,272 |
9,754 | 103,026 | ||
| Net movement in funds included in the above are as follows: | |||||
| Incoming | Resources | Movement | |||
| Resources | expended | in funds | |||
| £ | £ | £ | |||
| Unrestricted funds | |||||
| General fund | 31,612 | 21,858 | 9,754 | ||
| TOTAL FUNDS | 31,612 | 21,858 |
9,754 |
11. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 5[th] October 2020
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The Littlemoor Charity
Reconciliation of Income and Expenditure For the Year Ended 5[th] October 2020
| Notes INCOME AND ENDOWMENTS FROM Investment income Total EXPENDITURE ON Raising funds Governance costs NET INCOME |
UK GAAP Effect of transition To FRS 102 31,612 - 31,612 - 21,259 599 599 (599) 9,754 - |
FRS 102 31,612 31,612 21,858 - 9,754 |
|---|---|---|
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| INCOME AND ENDOWMENTS Donations and legacies Investment Income Room hire Property rent Interest Other Income Total incoming resources EXPENDITURE Raising donations and legacies Wages Social security Rates and water Light and heat Telephone Cleaning and Sundries Advertising Repairs – Eagle Club Repairs – School House Insurance – School House Insurance – Eagle Club Investment management costs Management charges Governance costs Accountancy and legal fees Depreciation Total resources expended Net income/(expenditure) |
Detailed | Detailed |
|---|---|---|
| For the Year ended 5th | ||
This page does not form part of the statutory financial statements
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