||||Page|
|---|---|---|---|
|Report ofthe|Trustees||1to8|
|Independent|Examiner's<br>Report|||
|Statement<br>of|Financial Activities||10|
|Balance Sheet|||11to 12|
|Notes to the Financial Statements|||13to 26|
|Detailed Statement of Financial||Activities|27to 28|





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||||||31.10.20|31.10.19|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Tota<br>I|
||||funds|funds|funds|funds|
|||Notes|f|f|f|f|
|INCOME AND ENDOWMENTS|FROM||||||
|Donations<br>and legacies|||27,084|1,483|28,567|10,805|
|Charitable<br>activities|||||||
|Courses and training|||5,554||5,554|11,643|
|Membership<br>subscriptions|||79,522||79,522|82,323|
|Newsletter<br>and publications|||18,152||18,152|26,660|
|Federation<br>meetings||||||14,634|
|Other trading<br>activities|||16,439||16,439|17,343|
|Investment<br>income|||24,936||24,936|28,555|
|Other income|||3,078||3,078|7,276|
|Total|||174,765|1,483|176,248|199,239|
|EXPENDITURE ON|||||||
|Raising funds|||13,530||13,530|12,588|
|Charitable<br>activities|||||||
|Courses and training|||3,309||3,309|12,427|
|Newsletter<br>and publications|||5,791||5,791|15,402|
|Federation<br>meetings|||3,318||3,318|15,298|
|Support costs|||119,362||119,362|124,661|
|Governance|||7,611||7,611|6,836|
|Other charitable<br>expenditure|||261|292|553|2,599|
|Total|||153,182|292|153,474|189,811|
|Net gains/(losses)<br>on investments|||(83,470)||(83,470)|23,620|
|NET INCOME/(EXPENDITURE)|||(61,887)|1,191|(60,696)|33,048|
|Transfers between<br>funds||15|1,827|(1,827)|||
|Net movement<br>in funds|||(60,060)|(636)|(60,696)|33,048|
|RECONCILIATION<br>OF FUNDS|||||||
|Total funds brought<br>forward|||1,163,542|8,449|1,171,991|1,138,943|
|TOTAL FUNDS CARRIED FORWARD|||1,103,482|7,813|1,111,295|1,171,991|





## 

|||At 31|October 2020||||
|---|---|---|---|---|---|---|
||||||31.10.20|31.10.19|
||||Unrestricted|Restricted|Total|Total|
||||funds|funds|funds|funds|
|||Notes|f|f|f|f|
|FIXEDASSETS|||||||
|Tangible assets||10|349,577||349,577|348,634|
|Investments||11|548,554||548,554|633,259|
||||898,131||898,131|981,893|
|CURRENT ASSETS|||||||
|Stocks||12|2,263||2,263|2,186|
|Debtors||13|26,355||26,355|25,289|
|Cash at bank and|in hand||197,236|7,813|205,049|203,512|
||||225,854|7,813|233,667|230,987|
|CREDITORS|||||||
|Amounts<br>falling due within one year||14|(20,503)||(20,503)|(40,889)|
|NET CURRENT ASSETS|||205,351|7,813|213,164|190,098|
|TOTAL ASSETS LESSCURRENT LIABILITIES|||1,103,482|7,813|1,111,295|1,171,991|
|NET ASSETS|||1,103,482|7,813|1,111,295|1,171,991|
|FUNDS||15|||||
|Unrestricted<br>funds|||||1,103,482|1,163,542|
|Restricted funds|||||7,813|8,449|
|TOTAL FUNDS|||||1,111,295|1,171,991|





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||||||31.10.20|31.10.19|
|---|---|---|---|---|---|---|
||||||f|f|
||Donations||||5,184|10,805|
||Grants||||23,383||
||||||28,567|10,805|
||Grants received, included|||in the above, are as follows:|||
||||||31.10.20|31.10.19|
||||||f|E|
||Furlough|grant|||23,383||
|3.|OTHER TRADING ACTIVITIES||||||
||||||31.10.20|31.10.19|
||||||E|f|
||Fundraising||events||15,913|14,385|
||Shop income||||526|2,958|
||||||16,439|17,343|





## 

## 

## 

|||||31.10.20|31.10.19|
|---|---|---|---|---|---|
|||||E|f|
|Income from investments|held on a recognised|stock exchange|- UK|24,044|28,219|
|Bank interest receivable||||892|336|
|||||24,936|28,555|



## 

|||||||Governance|Governance|||
|---|---|---|---|---|---|---|---|---|---|
|||||Finance|Other||costs||Totals|
|||||f|E||E||E|
|Support costs||||1,262|118,100||||119,362|
|Governance|||||||7,611||7,611|
|||||1,262|118,100||7,611||126,973|
|Support costs, included|||in the above, are as follows:|||||||
||||||||31.10.20||31.10.19|
|||||Support costs<br>f|Governance<br>f|Tota|I activities<br>f|Tota|I activities<br>f|
|Bank charges||||1,262|||1,262||1,610|
|Wages||||74,531|||74,531||66,685|
|Social security||||917|||917||251|
|Pensions||||1,011|||1,011||776|
|Operating<br>leases - plant|||and machinery|715|||715||1,501|
|Property expenses||||9,985|||9,985||10,377|
|Insurance||||3,342|||3,342||5,010|
|Other professional||fees||8,751|||8,751||13,238|
|Telephone||||3,451|||3,451||4,176|
|Printing,<br>postage and stationery||||5,481|||5,481||6,556|
|Other administrative||expenses||2,339|||2,339||4,643|
|Depreciation|oftangible||fixed assets|7,577|||7,577||7,512|
|Loss on sale oftangible|||fixed assets||||||2,326|
|Board ofTrustees|||||1,432||1,432||3,420|
|Accountancy|||||3,485||3,485||2,756|
|Training|||||2,694||2,694|||
|||||119,362|7,611||126,973||130,837|





## 

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## 

||||31.10.20|31.10.19|
|---|---|---|---|---|
||||E|E|
|Depreciation|—owned assets||7,577|7,512|
|Other operating||leases|715|1,501|
|Deficit on disposal offixed asset||||2,326|
|Pension costs|||1,011|776|



## 

## 

## 

||||||31.10.20|31.10.19|
|---|---|---|---|---|---|---|
||||||E|E|
|Wages and salaries|||||74,531|66,685|
|Social security|costs||||917|251|
|Other pension|costs||||1,011|776|
||||||76,459|67,712|
|The average<br>monthly||number ofemployees||during the year was as follows:|||
||||||31.10.20|31.10.19|
|Administrative|staff||||5|5|
|No employees|received emoluments||in excess ofE60,000.||||



## 

|||Unrestricted|Restricted|Tota<br>I|
|---|---|---|---|---|
|||funds|funds|funds|
|||E|E|E|
|INCOME AND ENDOWMENTS|FROM||||
|Donations<br>and legacies||10,805||10,805|
|Charitable<br>activities|||||
|Courses and training||11,643||11,643|
|Membership<br>subscriptions||82,323||82,323|
|Newsletter<br>and publications||26,660||26,660|
|Carried forward||120,626||120,626|





## 

## 

|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued||||
|---|---|---|---|---|---|
|||Unrestricted|Restricted||Total|
|||funds|funds||funds|
|||f|E||f|
|Charitable<br>activities||||||
|Brought forward||120,626|||120,626|
|Federation<br>meetings||14,634|||14,634|
|Other trading<br>activities||17,343|||17,343|
|Investment<br>income||28,555|||28,555|
|Other income||4,475|2,801||7,276|
|Total||196,438|2,801||199,239|
|EXPENDITURE ON||||||
|Raising funds||12,588|||12,588|
|Charitable<br>activities||||||
|Courses and training||12,427|||12,427|
|Newsletter<br>and publications||15,402|||15,402|
|Federation<br>meetings||15,298|||15,298|
|Support costs||124,661|||124,661|
|Governance||6,836|||6,836|
|Other charitable<br>expenditure||1,984||615|2,599|
|Total||189,196||615|189,811|
|Net gains/(losses)<br>on investments||23,620|||23,620|
|NET INCOME/(EXPENDITURE)||30,862|2,186||33,048|
|Transfers between|funds|1,946|(1,946)|||
|Net movement<br>in funds||32,808||240|33,048|
|RECONCILIATION<br>OF FUNDS||||||
|Total funds brought|forward|1,130,734|8,209||1,138,943|
|TOTAL FUNDS CARRIED FORWARD||1,163,542|8,449||1,171,991|





## 

## 

## 

## 

|10.|TANGIBLE FIXEDASSETS|||||||
|---|---|---|---|---|---|---|---|
|||Freehold|Office||Fixtures and|||
|||property|equipment||fittings||Totals|
|||f|f||f||f|
||COST|||||||
||At 1November 2019|429,848|8,993||20,026||458,867|
||Additions|||680|7,840||8,520|
||At 31October 2020|429,848|9,673||27,866||467,387|
||DEPRECIATION|||||||
||At 1November 2019|84,208|6,204||19,821||110,233|
||Charge for year|5,720||958||899|7,577|
||At 31October 2020|89,928|7,162||20,720||117,810|
||NET BOOK VALUE|||||||
||At 31October 2020|339,920|2,511||7,146||349,577|
||At 31October 2019|345,640|2,789|||205|348,634|
|11.|FIXEDASSET INVESTMENTS|||||||
||||||||Listed|
||||||||investments|
||||||||f|
||MARKET VALUE|||||||
||At 1November<br>2019||||||633,259|
||Additions||||||58,141|
||Disposals||||||(83,347)|
||Revaluations||||||(59,499)|
||At 31October 2020||||||548,554|
||NET BOOK VALUE|||||||
||At 31October 2020||||||548,554|
||At 31October 2019||||||633,259|



|31|October|31|October|
|---|---|---|---|
||2020||2019|
||f||f|





## 

## 

||for the Year Ended 31October 20|for the Year Ended 31October 20|for the Year Ended 31October 20|for the Year Ended 31October 20|20||
|---|---|---|---|---|---|---|
|11.|FIXEDASSET INVESTMENTS - continued||||||
||Mg G Corporate|Bond|||59,178|58,590|
||AXA Investments||||40,762|41,976|
||Pimco Global Advisers||||41,760|42,120|
||Royal Dutch Shell|||||38,475|
||Unilever||||33,030|34,669|
||Royal London||||28,740||
||Vanguard||||28,935||
||3.759' Treasury Stock||2020|||38,997|
||||||232,405|254,827|
|12.|STOCKS||||||
||||||31.10.20|31.10.19|
||||||f|f|
||Goods for resale||||2,263|2,186|
|13.|DEBTORS:AMOUNTS||FALLING DUE WITHIN ONE YEAR||||
||||||31.10.20|31.10.19|
||||||f|f|
||Trade debtors||||342|2,305|
||Other debtors||||17,563|14,994|
||Prepayments||||8,450|7,990|
||||||26,355|25,289|
|14.|CREDITORS: AMOUNTS|||FALLING DUE WITHIN ONE YEAR|||
||||||31.10.20|31.10.19|
||||||f|f|
||Trade creditors||||1,730|5,940|
||Other creditors||||18,773|34,949|
||||||20,503|40,889|





## 

## 

## 

||||Net movement|Transfers|Transfers||
|---|---|---|---|---|---|---|
|||At 1.11.19|in funds|between|funds|At 31.10.20|
|||f|f||f|f|
|Unrestricted<br>funds|||||||
|General fund||1,129,214|(58,652)|(12,108)||1,058,454|
|Denman<br>College - Surrey Room||2,057|(63)|||1,994|
|IT Fund||570|(21)||5,500|6,049|
|Denman<br>ACM|f1Draw|1,665|||108|1,773|
|Promotion<br>Fund||688|(38)||500|1,150|
|Friendship<br>Fund||15,700|1,249||1,827|18,776|
|Eileen Bowler|Legacy|63|(36)|||27|
|Maintenance|fund|5,738|(1,632)||1,000|5,106|
|Training<br>Fund||2,454|(2,694)||5,000|4,760|
|Bursary Fund||5,393||||5,393|
|||1,163,542|(61,887)||1,827|1,103,482|
|Restricted funds|||||||
|Let's cook||1,655|(292)|||1,363|
|Friendship<br>Fund||6,794|1,483||(1,827)|6,450|
|||8,449|1,191||(1,827)|7,813|
|TOTAL FUNDS||1,171,991|(60,696)|||1,111,295|





## 

## 

## 

|||Incoming|Resources|Gains and|Movement<br>in|
|---|---|---|---|---|---|
|||resources|expended|losses|funds|
|||f|f|f|E|
|Unrestricted|funds|||||
|General fund||173,495|(148,677)|(83,470)|(58,652)|
|Denman<br>College - Surrey Room|||(63)||(63)|
|Promotion<br>Fund|||(38)||(38)|
|Friendship<br>Fund||1,270|(21)||1,249|
|IT Fund|||(21)||(21)|
|Eileen Bowler|Legacy||(36)||(36)|
|Maintenance|fund||(1,632)||(1,632)|
|Training<br>Fund|||(2,694)||(2,694)|
|||174,765|(153,182)|(83,470)|(61,887)|
|Restricted funds||||||
|Friendship<br>Fund||1,483|||1,483|
|Let's cook|||(292)||(292)|
|||1,483|(292)||1,191|
|TOTAL FUNDS||176,248|(153,474)|(83,470)|(60,696)|





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## 

|Comparatives|for movement<br>in funds||||||
|---|---|---|---|---|---|---|
||||Net movement|Transfers|||
|||At 1.11.18|in funds|between|funds|At 31.10.19|
|||f|f||f|f|
|Unrestricted|Funds||||||
|General fund||1,104,259|28,065||(3,110)|1,129,214|
|Denman<br>College - Surrey Room||1,911|146|||2,057|
|IT Fund||1,000|(680)||250|570|
|Denman<br>ACM|f1 Draw|1,617|(252)||300|1,665|
|Promotion<br>Fund||425|(237)||500|688|
|Friendship<br>Fund||7,740|6,014||1,946|15,700|
|Eileen Bowler|Legacy|127|(64)|||63|
|Maintenance|fund|5,738||||5,738|
|Training<br>Fund||1,114|(660)||2,000|2,454|
|Bursary Fund||6,803|(1,470)||60|5,393|
|||1,130,734|30,862||1,946|1,163,542|
|Restricted<br>Funds|||||||
|Let's cook||1,655||||1,655|
|Friendship<br>Fund||6,554|2,186||(1,946)|6,794|
|||8,209|2,186||(1,946)|8,449|
|TOTAL FUNDS||1,138,943|33,048|||1,171,991|





## 

## 

||||Incoming|Resources|Gains and|Gains and|Movement<br>in|
|---|---|---|---|---|---|---|---|
||||resources|expended||losses|funds|
||||f|f||f|f|
|Unrestricted<br>funds||||||||
|General fund|||185,851|(181,406)||23,620|28,065|
|Denman<br>College - Surrey||Room|200|(54)|||146|
|Denman<br>ACM|f1Draw||2,448|(2,700)|||(252)|
|Promotion<br>Fund|||1,515|(1,752)|||(237)|
|Friendship<br>Fund|||6,424|(410)|||6,014|
|IT Fund||||(680)|||(680)|
|Eileen Bowler|Legacy|||(64)|||(64)|
|Training<br>Fund||||(660)|||(660)|
|Bursary Fund||||(1,470)|||(1,470)|
||||196,438|(189,196)||23,620|30,862|
|Restricted funds||||||||
|Friendship<br>Fund|||2,801|(615)|||2,186|
|TOTAL FUNDS|||199,239|(189,811)||23,620|33,048|
|A current year|12months|and prior year 12months|combined<br>position|is as follows:||||
||||Net|movement|Transfers|||
||||At 1.11.18|in funds|between|funds|At 31.10.20|
||||f|f||f|f|
|Unrestricted<br>funds||||||||
|General fund|||1,104,259|(30,587)||(15,218)|1,058,454|
|Denman<br>College - Surrey||Room|1,911|83|||1,994|
|IT Fund|||1,000|(701)||5,750|6,049|
|Denman<br>ACM|f1 Draw||1,617|(252)||408|1,773|
|Promotion<br>Fund|||425|(275)||1,000|1,150|
|Friendship<br>Fund|||7,740|7,263||3,773|18,776|
|Eileen Bowler|Legacy||127|(100)|||27|
|Maintenance|fund||5,738|(1,632)||1,000|5,106|
|Training<br>Fund|||1,114|(3,354)||7,000|4,760|
|Bursary Fund|||6,803|(1,470)||60|5,393|
|Restricted funds||||||||
|Let's cook|||1,655|(292)|||1,363|
|Friendship<br>Fund|||6,554|3,669||(3,773)|6,450|
||||8,209|3,377||(3,773)|7,813|
|TOTAL FUNDS|||1,138,943|(27,648)|||1,111,295|





## 

|||incoming|Resources|Gains and|Movement<br>in|
|---|---|---|---|---|---|
|||resources|expended|losses|funds|
|||f|f|f|f|
|Unrestricted|funds|||||
|General fund||359,346|(330,083)|(59,850)|(30,587)|
|Denman<br>College - Surrey Room||200|(1»)||83|
|Denman<br>ACM F1 Draw||2,448|(2,700)||(252)|
|Promotion<br>Fund||1,515|(1,790)||(275)|
|Friendship<br>Fund||7,694|(431)||7,263|
|IT Fund|||(701)||(701)|
|Eileen Bowler|Legacy||(100)||(100)|
|Maintenance|fund||(1,632)||(1,632)|
|Training<br>Fund|||(3,354)||(3,354)|
|Bursary Fund|||(1,470)||(1,470)|
|||371,203|(342,378)|(59,850)|(31,025)|
|Restricted funds||||||
|Friendship<br>Fund||4,284|(615)||3,669|
|Let's cook|||(292)||(292)|
|||4,284|(907)||3,377|
|TOTAL FUNDS||375,487|(343,285)|(59,850)|(27,648)|





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## 

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## 



## 

||||Detailed Statement of Financial Activities|||
|---|---|---|---|---|---|
||||forthe Year Ended 31October 2020|||
|||||31.10.20|31.10.19|
|||||f|E|
|Charitable<br>activities||||||
|Federation<br>meetings||costs||3,318|15,298|
|Courses and training||||3,309|13,087|
|Surrey Wl News||||5,791|15,340|
|Yearbook|||||62|
|Other expenses||||553|2,599|
|||||12,971|46,386|
|Support costs||||||
|Finance||||||
|Bank charges||||1,262|1,610|
|Other||||||
|Wages||||74,531|66,685|
|Socia I security||||917|251|
|Pensions||||1,011|776|
|Operating<br>leases -|plant||and machinery|715|1,501|
|Property expenses||||9,985|10,377|
|Insurance||||3,342|5,010|
|Other professional|fees|||8,751|13,238|
|Telephone||||3,451|4,176|
|Printing,<br>postage and stationery||||5,481|6,556|
|Other administrative||expenses||2,339|4,643|
|Freehold property|depreciation|||5,720|5,720|
|Office equipment|depreciation|||958|1,490|
|Fixtures and fittings||depreciation||899|302|
|Loss on sale oftangible|||fixed assets||2,326|
|||||118,100|123,051|
|Governance<br>costs||||||
|Board ofTrustees||||1,432|3,420|
|Accountancy||||3,485|2,756|
|Training||||2,694||
|||||7,611|6,176|
|Total resources expended||||153,474|189,811|
|Net income before|gains||and losses|22,774|9,428|
|Realised recognised||gains and losses||||
|Realised gains/(losses)||on fixed asset investments||(83,470)|23,620|
|Net (expenditure)/income||||(60,696)|33,048|





|||||Detailed Statement of Financial Activities|Detailed Statement of Financial Activities|||
|---|---|---|---|---|---|---|---|
|||||for|the Year Ended 31October 2020|||
|||||||31.10.20|31.10.19|
|||||||f|f|
|INCOME AND ENDOWMENTS||||||||
|Donations<br>and|||legacies|||||
|Donations||||||5,184|10,805|
|Grants||||||23,383||
|||||||28,567|10,805|
|Other trading||activities||||||
|Fundraising|events|||||15,913|14,385|
|Shop income||||||526|2,958|
|||||||16,439|17,343|
|Investment|income|||||||
|Income from||investments||held on a recognised|stock exchange<br>- UK|24,044|28,219|
|Bank interest||receivable||||892|336|
|||||||24,936|28,555|
|Charitable<br>activities||||||||
|Membership||subscriptions||||79,522|82,323|
|Surrey Wl News||||||14,619|22,472|
|Courses and|training|||||5,554|11,643|
|Yearbook||||||3,533|4,188|
|Federation<br>meetings|||||||14,634|
|||||||103,228|135,260|
|Other income||||||||
|Other income||||||3,078|7,276|
|Total incoming|||resources|||176,248|199,239|
|EXPENDITURE||||||||
|Other trading||activities||||||
|Purchases||||||1,098|2,112|
|Events||||||12,432|10,476|
|||||||13,530|12,588|