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2020-12-31-accounts

Page
Report ofthe Trustees 1 to 3
Statement of Financial Activities
Balance Sheet 5to6
Notes to the Financial Statements 7to13
Detailed Statement of Financial Activities 14 to 15

Period
1.9.18
Year Ended to
31.12.20 31.12.19
Unrestricted Restricted Total Total
fund funds funds funds
Notes E E
INCOME AND ENDOWMENTS FROM
Donations and legacies 60,371 1,141 61,512 95,531
EXPENDITURE ON
Raising funds 17,750 677 18,427 43,323
Charitable activities
general 48,022 48,022 56,586
Total 65,772 677 66,449 99,909
NET INCOME/(EXPENDITURE) (5,401) 464 (4,937) (4,378)
RECONCILIATION OF FUNDS
Total funds brought forward 299,905 91,953 391,858 396,236
TOTAL FUNDS CARRIED FORWARD 294,504 92,417 386,921 391,858

2020 2019
Unrestricted Restricted Total Total
fund funds funds funds
Notes F
FIXEDASSETS
Tangible assets 5 497,675 91,183 588,858 609,766
CURRENT ASSETS
Stocks 1,500 1,500 1,608
Debtors 7,950 7,950 5,613
Cash at bank and in hand 35,515 (175) 35,340 39,466
43,465 1,325 44,790 46,687
CREDITORS
Amounts
falling due within one year		 8 (17,535) (91) (17,626) (20,721)
NET CURRENT ASSETS 25,930 1,234 27,164 25,966
TOTAL ASSETS LESSCURRENT
LIABILITIES 523,605 92,417 616,022 635,732
CREDITORS
Amounts
falling due after more than one
year 9 (229,101) (229,101) (243,874)
NET ASSETS 294,504 92,417 386,921 391,858
FUNDS 12
Unrestricted
funds		 294,504 299,905
Restricted funds 92,417 91,953
TOTAL FUNDS 386,921 391,858

Depreciation
is provided
at t
estimated
useful
life.		 he following
annu
Freehold
property		 2% on cost
Long leasehold 2% on cost
Improvements
to property		 2% on cost
Plant and machinery 25% on cost

Period
1.9.18
Year Ended to
31.12.20 31.12.19
E
20,908 21,668

There were no
trustees'
expenses
paid for the year ended 31 December 2020
period ended 31 December 2019.		 There were no
trustees'
expenses
paid for the year ended 31 December 2020
period ended 31 December 2019.		 There were no
trustees'
expenses
paid for the year ended 31 December 2020
period ended 31 December 2019.		 nor for th
COMPARATIVES
FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
fund funds funds
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 94,131 1,400 95,531
EXPENDITURE ON
Raising funds 39,503 3,820 43,323
Charitable
activities
general 56,586 56,586
Total 96,089 3,820 99,909
NET INCOME/(EXPENDITURE) (1,958) (2,420) (4,378)
RECONCILIATION
OF FUNDS
Total funds brought
forward		 301,863 94,373 396,236
TOTAL FUNDS CARRIED
FORWARD 299,905 91,953 391,858

TANGIBLE FIXEDASS ETS
improvements
Freehold Long to Plant and
property leasehold property machinery Totals
E E F
COST
At 1 January 2020 and
31 December 2020 392,731 288,693 102,632 18,900 802,956
DEPRECIATION
At 1 January 2020 140,642 25,020 8,629 18,899 193,190
Charge for year 10,473 7,698 2,737 20,908
At 31 December 2020 151,115 32,718 11,366 18,899 214,098
NET BOOK VALUE
At 31 December 2020 241,616 255,975 91,266 1 588,858
At 31 December 2019 252,089 263,673 94,003 1 609,766
STOCKS
2020 2019
Stocks 1,500 1,608
DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
2020 2019
Other debtors 7,950 5,613

8. CREDITORS: AMOUNTS CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR FALLING DUE WITHIN ONE YEAR
2020 2019
E
Bank loans and overdrafts (see note 10) 13,591 14,163
Other creditors 4,035 6,558
17,626 20,721
9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2020 2019
f.
Bank loans (see note 10) 229,101 243,874
10. LOANS
An analysis ofthe maturity of loans is given below:
2020 2019
Amounts
falling due within		 one year on demand:
Bank overdraft 91 663
Bank loans 13,500 13,500
13,591 14,163
Amounts
falling between		 one and two years:
Bank loans —1-2years 13,500 13,500
Amounts
falling due between		 two and five years:
Bank loans - 2-5 years 40,500 40,500
Amounts
falling due in more than five years:
Repayable by instalments:
Bank loans more 5 yr by instal 175,101 189,874

The following secured d ebts are included
within creditors:
2020 2019
F
Bank loans 242,601 257,374
12. MOVEMENT IN FUNDS
Net
movement At
At 1.1.20 in funds 31.12.20
E E
Unrestricted funds
General
fund		 299,905 (5,401) 294,504
Restricted funds
Teaching 13,505 464 13,969
Land 78,448 78,448
91,953 464 92,417
TOTAL FUNDS 391,858 (4,937) 386,921
Net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
F
Unrestricted funds
General
fund		 60,371 (65,772) (5,401)
Restricted funds
Teaching 1,141 (677) 464
TOTAL FUNDS 61,512 (66,449) (4,937)

Comparativ es
for movement
in fun		 ds
Net
movement At
At 1.9.18 in funds 31.12.19
E E E
Unrestricted funds
General fund 301,863 (1,958) 299,905
Restricted funds
Teaching 15,925 (2,420) 13,505
Land 78,448 78,448
94,373 (2,420) 91,953
TOTAL FUNDS 396,236 (4,378) 391,858
Comparative net movement
in funds,		 included
in the above are as		 follows:
Incoming Resources Movement
resources expended in funds
E
Unrestricted funds
General
fund		 94,131 (96,089) (1,958)
Restricted funds
Teaching 1,400 (3,820) (2,420)
TOTAL FUNDS 95,531 (99,909) (4,378)

FOR THE YEAR ENDED 31 DECEMBER 2020
Period
1.9.18
Year Ended to
31.12.20 31.12.19
INCOME AND ENDOWMENTS
Donations
and legacies
Membership
fees		 36,031 52,121
Literature,
tapes		 and videos 1,141 1,400
Other income 2,650 6,912
Grants 5,000
Donations 16,690 35,098
61,512 95,531
Total incoming resources 61,512 95,531
EXPENDITURE
Other trading activities
Opening
stock		 1,608 3,110
Purchases 569 2,318
Membership
fees —Meriger		 15,079 26,932
Retreat expenses 2,671 12,571
Closing stock (1,500) (1,608)
18,427 43,323
Charitable
activities
Repairs, maintenance and insurance 2,613 5,908
Light and heat 10,527 10,920
Literature,
postage and		 stationery 3,199 3,264
Depreciation
oftangible		 fixed assets 20,908 21,668
37,247 41,760
Support costs
Finance
Sundries 58
Bank charges 55 163
Bank interest 10,662 14,663
10,775 14,826

Period
1.9.18
Year Ended to
31.12.20 31.12.19
F
66,449 99,909
(4,937) (4,378)