This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.
2021-01-31-accounts
|
|
Page |
| Reference and Administrative Details of |
Charity−, its Trustees and Advisers |
1 |
|
_ |
|
| Trustees' Report |
|
2−3 |
| Independent Examiner's Report |
|
4 |
| Statement of Financial Activities |
|
5 |
| Balance Sheet |
|
6 |
| Notes to the Financial Statements |
|
7−16 |
| Trustees |
Mrs A Barker, Trustee |
|
Mr S D B White, Trustee |
|
Mr M L Ayden, Trustee |
| Charity registered |
|
| number |
1029542 |
| Principal office |
6 Ashdown Court |
|
Cliff Avenue |
|
Cromer |
|
Norfolk |
|
NR27 OAE |
| Accountants |
MA Partners LLP |
|
12 Church Street |
|
Cromer |
|
Norfolk |
|
NR27 9ER |
|
|
Unrestricted |
Total |
Total |
|
|
funds |
funds |
funds |
|
|
2021 |
2021 |
2020 |
|
Note |
£ |
£ |
£ |
| Income from: |
|
|
|
|
| Donations and legacies |
3 |
174 |
174 |
82,299 |
| Investments |
4 |
53,998 |
53,998 |
47,107 |
| Total income |
|
54,172 |
54,172 |
129,406 |
| Expenditure on: |
|
|
|
|
| Charitable activities |
5 |
13,562 |
13,562 |
42,210 |
| Total expenditure |
|
13,562 |
13,562 |
42,210 |
| Net income before net gains on investments |
|
40,610 |
40,610 |
87,196 |
| Net gains on investments |
|
104,388 |
104,388 |
|
| Net movement in funds |
|
144,998 |
144,998 |
87,196 |
| Reconciliation of funds: |
|
|
|
|
| Total funds brought forward |
|
1,813,586 |
1,813,586 |
1,726,390 |
| Net movement in funds |
|
144,998 |
144,998 |
87,196 |
| Total funds carried forward |
|
1,958,584 |
1,958,584 |
1,813,586 |
|
|
|
|
|
|
|
|
2021 |
|
|
2020 |
|
|
|
|
|
Note |
|
|
|
|
|
|
| Fixed assets |
|
|
|
|
|
|
|
|
|
|
|
| Tangible assets |
|
|
|
|
|
|
|
1,845,000 |
|
|
1,740,612 |
|
|
|
|
|
|
|
|
1,845,000 |
|
|
1,740,612 |
| Current assets |
|
|
|
|
|
|
|
|
|
|
|
| Debtors |
|
|
|
|
10 |
|
2,078 |
|
|
2,158 |
|
| Cash at bank and |
|
in hand |
|
|
|
|
113,193 |
|
|
72,361 |
|
|
|
|
|
|
|
|
115,271 |
|
|
74,519 |
|
| Creditors: amounts falling |
|
|
due within one |
|
|
|
|
|
|
|
|
| year |
|
|
|
|
11 |
|
(1,687) |
|
|
(1,545) |
|
| Net current assets |
|
|
|
|
|
|
|
113,584 |
|
|
72,974 |
| **Total assets less ** |
|
current liabilities |
|
|
|
|
|
1,958,584 |
|
|
1,813,586 |
| **Net assets excluding pension ** |
|
|
|
asset |
|
|
|
1,958,584 |
|
|
1,813,586 |
| Total net assets |
|
|
|
|
|
|
|
1,958,684 |
|
|
1,813,586 |
| Charity funds |
|
|
|
|
|
|
|
|
|
|
|
| Restricted funds |
|
|
|
|
13 |
|
|
|
|
|
|
| Unrestricted funds |
|
|
|
|
13 |
|
|
1,958,584 |
|
|
1,813,586 |
| Total funds |
|
|
|
|
|
|
|
1,958,584 |
|
|
1,813,586 |
The
financial |
|
statements |
|
were |
approved |
and |
authorised |
for
issue |
by |
the |
Trustees
on |
| ca>44 |
J−i−Ac− |
|
202( |
|
|
|
and signed on their behalf by: |
|
|
|
|
| Mrs A Barker |
|
Aba.,.4G0−f |
|
|
|
|
Mr M L |
Ayden |
|
|
|
|
Unrestricted |
Restricted |
Total |
Total |
|
funds |
funds |
funds |
funds |
|
2021 |
2021 |
2021 |
2020 |
|
£ |
£ |
£ |
r |
| Donations |
174 |
|
174 |
2,299 |
| Grants |
|
|
|
80,000 |
|
174 |
|
174 |
82,299 |
| Total 2020 |
2,299 |
80,000 |
82,299 |
|
|
Unrestricted |
Total |
Total |
|
funds |
funds |
funds |
|
2021 |
2021 |
2020 |
|
£ |
£ |
£ |
| Investment income −local investment properties |
53,499 |
63,499 |
.46,326 |
| Investment income −local cash |
499 |
499 |
781 |
|
53,998 |
53,998 |
47,107 |
| Total 2020 |
47,107 |
47,107 |
|
|
Unrestricted |
Total |
Total |
|
funds |
funds |
funds |
|
2021 |
2021 |
2020 |
|
£ |
£ |
£ |
| Direct costs |
13,562 |
13,562 |
42,210 |
| Total 2020 |
42,210 |
42,210 |
|
|
Activities |
|
|
|
undertaken |
Total |
Total |
|
directly |
funds |
funds |
|
2021 |
2021 |
2020 |
|
£ |
£ |
£ |
| Direct costs |
13,562 |
13,562 |
42,210 |
| Total 2020 |
42,210 |
42,210 |
|
|
|
Total |
Total |
|
Activities |
funds |
funds |
|
2021 |
2021 |
2020 |
| Property Running Costs |
6,842 |
6,842 |
30,059 |
| Rates |
− |
|
465 |
| Property Improvements |
6,720 |
6,720 |
11,686 |
|
13,562 |
13,562 |
42,210 |
| Total 2020 |
42,210 |
42,210 |
|
|
Freehold |
|
property |
| Cost or valuation |
|
| At 1 February 2020 |
1,740,612 |
| Revaluations |
104,388 |
| At 31 January 2021 |
1,845,000 |
|
Freehold |
|
property |
| Net book value |
|
| At 31 January 2021 |
1,845,000 |
| At 31 January 2020 |
1,740,612 |
|
2021 |
2020 |
| Due within one year |
|
|
| Trade debtors |
1,158 |
1,209 |
| Prepayments and accrued income |
920 |
949 |
|
2,078 |
2,158 |
| 11. |
Creditors: Amounts falling due within one year |
|
|
|
|
2021 |
2020 |
|
Trade creditors |
1,153 |
• 1,023 |
|
Accruals and deferred income |
534 |
522 |
|
|
1,687 |
1,545 |
| 12. |
Financial instruments |
|
|
|
|
2021 |
2020 |
|
Financial assets |
|
|
|
Financial assets measured at fair value through income and expenditure |
113,193 |
72,361 |
| Statement of funds −curre |
nt year |
|
|
|
|
|
Balance at 1 |
|
|
|
Balance at |
|
February |
|
|
Gains/ |
31 January |
|
2020 |
**Income ** |
Expenditure |
(Losses) |
2021 |
| Unrestricted funds |
|
|
|
|
|
| General Funds −all funds |
1,065,775 |
54,172 |
(13,562) |
104,388 |
1,210,773 |
| Reserves |
747,811 |
|
|
|
747,811 |
|
1,813,586 |
54,172 |
(13,562) |
104,388 |
1,958,584 |
| Statement of funds −prior |
year |
|
|
|
|
|
Balance at |
|
|
|
Balance at |
|
1 February |
|
|
Transfers |
31 January |
|
2019 |
Income |
Expenditure |
in/out |
2020 |
| Unrestricted funds |
|
|
|
|
|
| General Funds −all funds |
978,579 |
49,406 |
(42,210) |
80,000 |
1,065,775 |
| Reserves |
747,811 |
|
|
|
747,811 |
|
1,726,390 |
49,406 |
(42,210) |
80,000 |
1,813,586 |
| Restricted funds |
|
|
|
|
|
| Restricted Funds −all funds |
|
80,000 |
|
(80,000) |
|
| Total of funds |
1,726,390 |
129,406 |
(42,210) |
|
1,813,586 |
| **Summary of funds −c ** |
urrent year |
|
|
|
|
|
Balance at 1 |
|
|
|
Balance at |
|
February |
|
|
Gains/ |
31 January |
|
2020 |
**Income ** |
Expenditure |
(Losses) |
2021 |
| General funds |
1,813,586 |
54,172 |
(13,562) |
104,388 |
1,958,584 |
| Summary of funds −prior year |
|
|
|
|
|
|
Balance at |
|
|
|
Balance at |
|
1 February |
|
|
Transfers |
31 January |
|
2019 |
Income |
Expenditure |
in/out |
2020 |
| General funds |
1,726,390 |
49,406 |
(42,210) |
80,000 |
1,813,586 |
| Restricted funds |
|
80,000 |
|
(80,000) |
|
|
1,726,390 |
129,406 |
(42,210) |
|
1,813,586 |
| Analysis of net assets between funds −current p |
eriod |
|
|
Unrestricted |
Total |
|
funds |
funds |
|
2021 |
2021 |
| Tangible fixed assets |
1,845,000 |
1,845,000 |
| Current assets |
115,271 |
115,271 |
| Creditors due within one year |
(1,687) |
(1,687) |
| Total |
1,958,584 |
1,958,584 |
| Analysis of net assets between funds −prior perio |
d |
|
|
Unrestricted |
Total |
|
funds |
funds |
|
2020 |
2020 |
| Tangiblefixed assets |
1,740,612 |
1,740,612 |
| Current assets |
74,519 |
74,519 |
| Creditors due within one year |
(1,545) |
(1,545) |
|
1,813,586 |
1,813,586 |