2021-04-05-accounts

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Charity registration number: 1020383

Celia Cross-Greyhound Trust

Annual Report and Financial Statements for the Year Ended 5 April 2021

Saul Fairholm Limited 12 Tentercroft Street Lincoln LN5 7DB

Celia Cross-Greyhound Trust

Reference and Administrative Details………………………………………………………….……..1 Trustees' Report……………………………………………………………………………....2 to 5 Independent examiner's report…………………………………………………………………….…6 Statement of financial activities……………………………………………………………………..7 Balance Sheet……………………………………………………………………………………..8 Notes to the financial statements………………………………………………………………..9 to 19

The following page does not form part of the statutory financial statements: Statement of financial activities per fund…………………………………………………………………...20 to 28

Celia Cross-Greyhound Trust Reference and Administrative Details

Charity name	Celia Cross-Greyhound Trust
Charity registration number	1020383
Trustees	Carol Matthews
	Margaret Freshwater
	Julie Thompson
	Jane Thompson
	Michael Bowen
	Andrew Thompson
Secretary	Julie Thompson
Independent Examiner	Richard Welsh FCA
	Saul Fairholm Limited
	12 Tentercroft Street
	Lincoln
	LN5 7DB

Page 1

Celia Cross-Greyhound Trust

Trustees' Report

The financial statements have been prepared in accordance with accounting policies set out in notes to the accounts and comply with the charity's governing document, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice Second Edition October 2019 applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102 effective 1 January 2019).

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Charity number

1020383

Principal address

Sun Valley Kennels Shere Road West Clandon Guildford Surrey GU4 8SH

Trustees

Carol Matthews Margaret Freshwater Julie Thompson Jane Thompson Michael Bowen Andrew Thompson

Independent examiner

Richard Welsh FCA Saul Fairholm Limited Chartered Accountants 12 Tentercroft Street Lincoln LN5 7DB

Principal Bankers

National Westminster Bank Plc 1 Bridge Street Leatherhead KT22 8BT

Page 2

Celia Cross-Greyhound Trust

Trustees' Report (continued)

Secretary and Treasurer

Secretary: Julie Thompson

Treasurer: Lesley Broomfield

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The Celia Cross-Greyhound Trust is constituted by Deed of Trust dated 14th April 1993 and is a registered charity. Charity number 1020383.

Recruitment, appointment and resignation of Trustees

The Board of Trustees seeks to recruit new members to balance various skills required to manage the Charity but considers that the current members offer a variety of skills suitable for the running of the Charity. Where new Trustees are appointed they are welcomed onto the board and spend time meeting the other members and the staff to understand the operations of the Charity. Training is, by necessity, tailored to individual needs depending on the knowledge gaps and experience of the individual involved.

Investment policy

The Trustees' policy is to invest surplus funds in fixed interest deposits since the value of investments can fall. This is normally not the case with cash deposits, so investment risk is minimised.

Risk management

The Trustees do not consider that the Charity is exposed to any major risks but acknowledge that its current and future survival is heavily dependent on voluntary donations and the support of its many voluntary helpers and, in common with many other charities in the current economic climate, continues to be reliant on the goodwill of members and considers that it has adequate reserves to meet obligations now and in the future.

OBJECTIVES AND ACTIVITIES

Objectives and activities of the charity for the public benefit

The objective of the Charity is to rescue, and to relieve the suffering of Greyhounds & Lurchers (Sighthounds) that are in need of care and attention; to provide a safe and secure environment either at the Sun Valley Kennels or with foster homes, so that they may be rehabilitated until we are able to find them secure and loving permanent homes.

ACHIEVEMENT AND PERFORMANCE

Charitable activities

The Trustees are pleased to report that despite the uncertain times we faced during these months of lockdown and pandemic we still managed a successful and productive year in the saving of many lives. A total of 109 dogs were rehomed directly from the kennels to find loving new homes, we were actively only rehoming to those homes and families known to us to eliminate the need for home visits or extensive visits to the kennels. Rescue work during the lockdown was considered essential work by DEFRA and we never shut our door to any needy hound – space pending. We have 7 dogs on permanent long-term foster who we will assist with their veterinary treatment costs for the rest of their lives.

The trust facilitated a further 42 dogs with rescue spaces working alongside other charities and organisations when we were unable to take them on but found suitable space elsewhere. We are very lucky that we have built up good relationships with many other rescue charities and believe that this has helped to increase the number of dogs that can be helped, even if we physically do not have the kennel space ourselves. We provided funds for fuel and transport costs where necessary on transportation of these dogs.

Page 3

Celia Cross-Greyhound Trust

Trustees' Report (continued)

The In Kind gifts we received at the kennels this year again have been very generous. Despite the huge financial strain put on everyone during these difficult times. We would like to thank everyone who has purchased items for the kennels. Our Amazon wish list still proves to be immensely popular and we estimate that the Amazon wish list has created approximately £2,000 worth of goods donated. We also received generous donations of grocery supplies for our store cupboards, this again helped us immensely. The approximate value throughout the year was £800.

The project at Hillside has been slow but steady. The pandemic made it very difficult for us to source the materials needed and with the council partially closing the planning department, this made it near on impossible to gain any permission for the build. The Trustees are pleased to report that building work has resumed albeit slowing until fundraising can be taken up again.

Fundraising this year has been affected by the global pandemic.

We hope to take part in the Great Global Greyhound Walk in September which sadly did not take place last year. This is an outdoor event which we feel we can manage safely due to the large size of our paddock area.

The Trustees along with staff and volunteers are constantly working to improve the profile of the Charity and to pass on its message to a wider population. The Charity is reliant upon volunteers as well as a team of six employed staff to ensure that the kennels are always adequately manned and managed.

Due to the pandemic two members of staff were furloughed due to restrictions imposed by government guidelines. In both cases the furloughed employees were high risk individuals due to underlying health conditions. During this period the day to day operation of the kennels was managed by Jane Thompson.

Our Facebook page is ever growing with over 9,500 engaged in our daily goings on. Our Instagram profile is also growing daily with over 1,500 followers. We are striving all the time to keep up with the modern ways of keeping people informed. Our Twitter account is still going from strength to strength, we now have a fabulous 2,200 people following us and it is growing daily.

We continue to use social media as a source of fundraising.

The Trustees consider that the financial position of the Charity is satisfactory and that it is able to maintain its objectives for the foreseeable future.

Management of the Charity

The decision making process for the day to day running of the Charity is made by the Trustees and key management. The kennel manager, Jane Thompson, is also on the Board of Trustees and has the duty of ensuring that Trustee decisions are carried out and the staff and volunteers are co-ordinated in the daily activity of running the kennels.

Trustees determine the level of salaries paid to employees with the ultimate decision being made by the Chair of the Trustees. The salary level of the kennel manager is also set by the Chair of the Trustees and is detailed in note 7 to the accounts.

Page 4

Celia Cross-Greyhound Trust Trustees' Report (continued)

FINANCIAL REVIEW

Reserves policy

Approximately 32% of the Charity's reserves relate to restricted freehold property. The Trustees have therefore based their reserves policy on the liquid assets of the Charity. The Trustees policy is to maintain free reserves at a level at least equivalent to fund its future operations for six months. In addition the Trustees acknowledge that, should the Charity be wound up, it would have liabilities to meet in respect of redundancy payments and therefore a level of cash reserves is maintained in respect of this eventuality, should it arise.

At 5th April 2021 the Charity held current assets of £308,816 (2020 - £248,008) and had fixed assets, including freehold property, of £623,094 (2020 - £581,804).

The Charity carries adequate reserves to enable it to continue operations for the foreseeable future and, as the very nature of the Charity's income is based upon public goodwill, the Trustees consider that through activities carried out to raise funding as well as continued donations towards the Charity, funding will continue to flow in. On this basis the Trustees consider it appropriate to prepare the Financial Statements of the charity on a going concern basis.

FUTURE DEVELOPMENTS

The nature of the Charity requires ongoing fundraising and a need by the Trustees to protect the funds the Charity accumulates to ensure that the good work carried out continues well into the future as there will always be sighthounds that need rescuing and re-homing.

FUNDS HELD

All liquid assets of the Charity are held in furtherance of its prime objective.

The Charity holds no funds as custodian trustee on behalf of others.

Approved by the Trustees on 25[th] August 2021 and signed on their behalf by:

......................................... Carol Matthews Trustee

......................................... Jane Thompson Trustee

Page 5

Independent Examiner's Report to the Trustees of Celia Cross-Greyhound Trust

I report on the accounts of the Trust for the year ended 5 April 2021, which are set out on pages 7 to 19.

Respective responsibilities of trustees and examiner

The trustees are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011(the 2011 Act) and that an independent examination is needed. The Charity's gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of ICAEW.

It is my responsibility to:

examine the accounts under section 145 of the 2011 Act;
follow the procedures laid down in the General Directions given by the Charity Commission under
section 145 (5) (b) of the 2011 Act; and
state whether particular matters have come to my attention.

Basis of independent examiner's report

My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.

Independent examiner's statement

In connection with my examination, no matter has come to my attention:

(1) which gives me reasonable cause to believe that in any material respect the requirements:
to keep accounting records in accordance with section 130 of the Act; and
to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act

have not been met; or

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

......................................... Richard M Welsh (FCA) Saul Fairholm Limited Date: 25[th] August 2021

12 Tentercroft Street Lincoln LN5 7DB

Page 6

Celia Cross-Greyhound Trust

Statement of Financial Activities for the Year Ended 5 April 2021

Note Incoming resources Income resources from generated funds Income from donations and legacies 2 Income from charitable activities 4 Investment income 5 Government grants Total incoming resources Resources expended Costs of generating funds Fundraising trading: cost of goods sold and other costs 6 Charitable activities 6 Total resources expended Net incoming resources before transfers Transfers Gross transfers between funds Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward	Unrestricted Funds £ 256,384 15,655 219 13,857 286,115 3,833 165,866 169,699 116,416 - 116,416 397,800 514,216	Restricted Funds £ - - - - - - 1,250 1,250 (1,250) - (1,250) 243,250 242,000	Total Funds 2021 £ 256,384 15,655 219 13,857 286,115 3,833 167,116 170,949 115,166 - 115,166 641,050 756,216	Total Funds 2020 £ 272,704 46,386 494 -
				319,584
				10,909 199,787
				210,696
				108,888 -
				108,888 532,162
				641,050

The notes on pages 9 to 19 form an integral part of these financial statements.

Page 7

Celia-Cross Greyhound Trust Balance Sheet as at 5 April 2021

2021 £ £ 623,094 600 17,741 290,475 308,816 (12,750) 296,066 919,160 (162,944) 756,216 242,000 514,216 756,216	2021 £ £ 623,094 600 17,741 290,475 308,816 (12,750) 296,066 919,160 (162,944) 756,216 242,000 514,216 756,216	2020 £ £ 581,804 600 24,399 223,009 248,008 (18,685) 229,323 811,127 (170,077) 641,050 243,250 397,800 641,050	2020 £ £ 581,804 600 24,399 223,009 248,008 (18,685) 229,323 811,127 (170,077) 641,050 243,250 397,800 641,050
308,816 (12,750)		248,008 (18,685)

	919,160 (162,944)		811,127 (170,077)
	756,216		641,050
	242,000 514,216		243,250 397,800
	756,216		641,050

The financial statements have been prepared in accordance with 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 United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.

Approved by the Board on 25[th] August 2021 and signed on its behalf by:

......................................... Carol Matthews Trustee

......................................... Jane Thompson Trustee

The notes on pages 9 to 19 form an integral part of these financial statements.

Page 8

Celia Cross-Greyhound Trust Notes to the Financial Statements for the Year Ended 5 April 2021

1. Accounting policies

Basis of preparation

The financial statements have been prepared in accordance with 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 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.

Celia Cross-Greyhound Trust meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.

Going concern

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.

Fund accounting policy

Unrestricted income funds are general funds that are available for use at the trustees' discretion in furtherance of the objectives of the charity.

Restricted funds are only utilised against the projects to which the funder intended them for, although the charity in general does not receive restricted funding due to the nature of its activities.

Further details of each fund are disclosed in note 17.

Incoming resources

Voluntary income including donations, gifts, legacies and grants receivable is recognised where there is entitlement, certainty of receipt and the amount can be measured with sufficient reliability.

Gifts in kind are recognised in different ways dependent on how they are used by the charity:

(i) Those donated for resale which produce income when they are sold are valued at the amount actually realised.

(ii) Those donated for onward transmission to beneficiaries are included in the statement of financial activities as incoming resources and resources expended when they are distributed. They are valued at the amount the charity would have had to pay to acquire them.

Incoming resources from tax reclaims are included in the statement of financial activities at the same time as the gift to which they relate.

Shop income and income derived from events is recognised as earned (that is, as the related goods or services are provided).

Investment income is recognised on a receivable basis.

Donations and amounts received from events are credited to the Statement of Financial Activities when received. Tax reclaimable under gift aid is credited on a receivable basis. Legacies are recognised when notified if there is sufficient evidence that the legacy will be received and of the likely value. Interest is recognised when receivable.

Page 9

Celia Cross-Greyhound Trust

Notes to the Financial Statements for the Year Ended 5 April 2021

......... continued

Resources expended

Liabilities are recognised as resources expended as soon as there is a legal or constructive obligation committing the charity to expenditure. All expenditure is accounted for on an accruals basis. All expenditure is allocated to the appropriate category and includes attributable VAT which cannot be reclaimed. Expenditure is allocated between 'costs of generating funds', 'charitable expenditure', 'supporting costs' and 'governance costs' on a functional basis.

Costs of generating funds are the costs of trading for fundraising purposes.

Governance costs

Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and include the Independent Examination Fees and costs linked to the strategic management of the Trust.

Fixed assets

Individual fixed assets costing £500 or more are initially recorded at cost.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows: Freehold property improvements 20% straight line method Plant and machinery including motor 20% straight line method and 25% reducing balance vehicles

Restricted freehold land, calculated at 50% of the overall donated cost of £250,000, is not depreciated. The restricted freehold buildings are being depreciated over a term of 100 years commencing from April 1993.

Stock

Stocks are included in the financial statements at the lower of cost and net realisable value after making due allowance for any slow moving and obsolete items.

Pensions

The charity operates a defined contribution pension scheme. Contributions are charged in the statement of financial activities as they become payable in accordance with the rules of the scheme.

Page 10

Celia Cross-Greyhound Trust

Notes to the Financial Statements for the Year Ended 5 April 2021

......... continued

2 Income from donations and legacies

Unrestricted Funds £ 3,865 114,449 107,774 14,547 9,949	Restricted Funds £ - - - - -	Total Funds 2021 £ 3,865 114,449 107,774 14,547 9,949
250,584	-	250,584
3,000	-	3,000
2,800	-	2,800

256,384	-	256,384

Incoming resources from voluntary income, grants and gifts in kind for 2020 were all unrestricted.

3 Grants receivable

Grants – Hiliary Tangye Trust	Unrestricted Funds £ 3,000-	Restricted Funds £ -	Total Funds 2021 £ 3,000	Total Funds 2020 £ 3,000
	3,000	-	3,000	3,000

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Celia Cross-Greyhound Trust

Notes to the Financial Statements for the Year Ended 5 April 2021

......... continued

4 Income from charitable activities

Sale of goods and fundraising Sale of goods Annual sale Other fundraising events Street and supermarket collections	Unrestricted Funds £ 5,282 - 9,193 1,180 15,655	Restricted Funds £ - - - - -	Total Funds 2021 £ 5,282 - 9,193 1,180 15,655	Total Funds 2020 £ 73 15,480 26,320 4,513
				46,386

Incoming resources from generating funds were all unrestricted in 2020.

5 Investment income

Deposit account interest	Unrestricted Funds £ 219	Restricted Funds £ -	Total Funds 2021 Total Funds 2020 £ £ 219 494

Incoming resources from investment income were all unrestricted in 2020.

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Celia Cross-Greyhound Trust

Notes to the Financial Statements for the Year Ended 5 April 2021

......... continued

6 Total r esources expended

Direct costs Purchases Fundraising PR costs Employment costs Rates and water Light and heat Insurance Premises repairs Other repairs Telephone Stationery and post Dog food and care Veterinary costs Motor expenses Accountancy fees Examiners fee Legal costs Bank charges Loan interest Dep’n of freehold Dep’n of plant Dep’n of vehicles Loss on disposals	Sale of goods and fundraising £ 883 2,950 - - - - - - - - - - - - - - - - - - - - - 3,833	Direct charitable expenditure £ - - - 64,139 4,522 10,120 2,883 7,771 1,230 140 512 18,011 30,367 4,863 1,310 550 600 866 8,320 4,285 5,777 799 51 167,116	Total 2021 £ 883 2,950 - 64,139 4,522 10,120 2,883 7,771 1,230 140 512 18,011 30,367 4,863 1,310 550 600 866 8,320 4,285 5,777 799 51 170,949	Total 2020 £ 1,688 7,831 1,390 83,758 3,089 14,917 3,811 6,415 1,170 898 2,096 22,911 26,274 5,333 890 550 655 885 8,748 10,729 4,810 1,378 470
				210,696

Included within direct charitable expenditure is £866 (2020 - £885) relating to support costs and £2,460 (2020 - £2,095) relating to governance costs.

Included in freehold depreciation is an amount of £1,250 (2020 - £1,250) relating to expenditure on restricted assets.

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Celia Cross-Greyhound Trust

Notes to the Financial Statements for the Year Ended 5 April 2021

......... continued

7 Trustees’ remuneration and expenses

Jane Thompson is a Trustee and also the kennel manager. Jane received a salary during the year of £20,150 (2020 - £20,150) with associated national insurance costs of £nil (2020 - £335) for her role as kennel manager, a position she held before becoming a Trustee. She receives no remuneration or benefits for her role as a Trustee.

Andrew Thompson is a Trustee and also the site manager. He is also married to Jane Thompson. Andrew received a salary during the year of £10,800 (2020 - £10,800) with associated national insurance costs of £nil (2020 - £76) for his role as site manager, a position he held before becoming a Trustee. He receives no remuneration or benefits for his role as a Trustee.

No other Trustees received any remuneration or benefits during the year. (2020 - £nil).

8 Net incoming resources

Net incoming resources is stated after charging:

Loss/(profit) on disposal of tangible fixed assets Depreciation of tangible fixed assets	2021 2020 £ £ 51 470 10,861 16,917

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Celia Cross-Greyhound Trust

Notes to the Financial Statements for the Year Ended 5 April 2021

......... continued

9 Employees' remuneration

The average number of persons employed by the charity (including trustees) during the year, analysed by category, was as follows:

Kennel staff Site manager Management	2021 No. 4 1 1 6	2020 No. 5 1 1
		7

The aggregate payroll costs of these persons were as follows:

Wages and salaries Social security Other pension costs	2021 £ 63,033 - 1,106 64,139	2020 £ 81,682 693 1,383
		83,758

Included in wages and salaries are key management salaries of £30,950 (2020 - £30,950). This is allocated as a kennel manager salary of £20,150 (2020 - £20,150) and a site manager salary of £10,800 (2020 - £10,800).

The charity trustees were not paid or received any other benefits from employment with the Trust in the year (2020 - £nil) neither were they reimbursed expenses during the year (2020 - £nil)

No employees had employee benefits in excess of £60,000.

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Celia Cross-Greyhound Trust

Notes to the Financial Statements for the Year Ended 5 April 2021

......... continued

10 Tangible fixed assets

Cost As at 6 April 2020 Additions Disposals As at 5 April 2021 Depreciation As at 6 April 2020 Eliminated on disposals Charge for the year As at 5 April 2021 Net book value As at 5 April 2021 As at 5 April 2020	Freehold interest in land and buildings £ 695,691 39,498 - 735,189 131,243 - 4,285 135,528 599,661 564,448	Plant and machinery including motor vehicles £ 75,780 12,702 (1,976) 86,506 58,424 (1,927) 6,576 63,073 23,433 17,356	Total £ 771,471 52,200 (1,976)
			821,695
			189,667 (1,927) 10,861
			198,601
			623,094
			581,804

Freehold land and buildings

The gross book value of freehold land and buildings includes £610,189 (2020 - £570,411) of depreciable assets.

11 Stock and work in progress

Stocks 12 Debtors Other debtors Prepayments and accrued income	2021 £ 600 2021 £ 14,547 3,194 17,741	2020 £ 600
		2020 £ 20,897 3,502
		24,399

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Celia Cross-Greyhound Trust

Notes to the Financial Statements for the Year Ended 5 April 2021

......... continued

13 Creditors: Amounts falling due within one year

Bank loans and overdrafts Trade creditors Other creditors Accruals and deferred income	2021 £ 6,973 - 726 5,051 12,750	2020 £ 5,893 7,630 726 4,436
		18,685

Creditors amounts falling due within one year includes the following liabilities, on which security has been given by the charity:

	2021	2020
	£	£
Bank loans	6,973	5,893

14 Creditors: Amounts falling due within one year

	2021	2020
	£	£
Bank loans and overdrafts	162,944	170,077

Creditors amounts falling due after more than one year includes the following liabilities, on which security has been given by the charity:

Bank loans The bank loan is secured on the related asset. Included in the creditors are the following amounts due after more After more than five years by instalments	2021 2020 £ £ 162,944 170,077 than 5 years: 2021 2020 £ £ 135,052 146,505

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Celia Cross-Greyhound Trust Notes to the Financial Statements for the Year Ended 5 April 2021

......... continued

15 Pension scheme

Defined contribution pension scheme

The charity operates a defined contribution pension scheme. The pension cost charge for the period represents contributions payable by the charity to the scheme and amounted to £1,106 (2020 - £1,383).

There were no outstanding or prepaid contributions at either the beginning or end of the financial year.

16 Analysis of funds

Unrestricted Funds General fund Donations under gift aid Donations non gift aid Legacies Fundraising and sales Charities aid foundation Membership fees Hiliary Tangye Trust Restricted Funds Freehold property	At 6 April 2020 Incoming resources Resources expended Transfers At 5 April 2021 £ £ £ £ £ 397,800 14,076 (163,067) 265,407 514,216 - 77,501 - (77,501) - - 47,620 (2,800) (44,820) - - 114,449 - (114,449) - - 15,655 (3,832) (11,823) - - 3,865 - (3,865) - - 9,949 - (9,949) - - 3,000 - (3,000) -
	397,800 286,115 (169,699) - 514,216 243,250 - (1,250) - 242,000
	641,050 286,115 (170,949) - 756,216

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Celia Cross-Greyhound Trust

Notes to the Financial Statements for the Year Ended 5 April 2021

......... continued

Unrestricted Funds General fund Donations under gift aid Donations non gift aid Legacies Fundraising and sales Charities aid foundation Membership fees Hiliary Tangye Trust Restricted Funds Freehold property	At 6 April 2019 Incoming resources Resources expended Transfers At 5 April 2020 £ £ £ £ £ 287,662 494 (196,237) 305,881 397,800 - 117,936 - (117,936) - - 67,968 (2,300) (65,668) - - 63,317 - (63,317) - - 46,386 (10,909) (35,477) - - 11,878 - (11,878) - - 8,605 - (8,605) - - 3,000 - (3,000) -
	287,662 319,584 (209,446) - 397,800 244,500 - (1,250) - 243,250
	532,162 319,584 (210,696) - 641,050

17 Net assets by fund

Tangible assets Current assets Creditors: Amounts falling due within one year Creditors :Amounts falling due after more than one year Net assets	Unrestricted Funds £ 381,094 308,816 (12,750) (162,944) 514,216	Restricted Funds £ 242,000 - - - 242,000	Total Funds 2021 £ 623,094 308,816 (12,750) (162,944) 756,216	Total Funds 2020 £ 581,804 248,008 (18,685) (170,077)
				641,050

Comparative amounts for 2020 comprise tangible assets restricted of £243,250 and unrestricted of £338,554 (total £581,804), current assets unrestricted of £248,008, creditors falling due within one year unrestricted of £18,685 and creditors falling due after more than one year unrestricted of £170,077.

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