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2021-03-31-accounts

Report ofthe Trustees 1 to 18
Statement ofTrustees' Responsibilities 19
Report ofthe Independent
Auditors		 20 to 23
Statement of Financial Activities 24
Balance Sheet 25 to 26
Cash Flow Statement 27
Notes to the Cash Flow Statement 28
Notes to the Financial Statements 29 to 41
Detailed Statement
of		 Financial Activities 42 to 43

for the Year E nded 31March 2021
31.3.21 31.3.20
Unrestricted Restricted Total Total
funds funds funds funds
as restated
Notes E E
INCOME AND ENDOWMENTS FROM
Donations
and		 legacies 2 1,390,558 58,245 1,448,803 1,610,689
Other trading activities 3 113,649 113,649 100,488
Investment
income		 4 10,777 10,777 15,057
Total 1,514,984 58,245 1,573,229 1,726,234
EXPENDITURE ON
Raising funds 104,668 30,412 135,080 110,888
Charitable
activities
General 964,155 55,822 1,019,977 1,152,302
Total 1,068,823 86,234 1,155,057 1,263,190
Net gains on investments 36,932 36,932
NET INCOME/(EXPENDITURE) 483,093 (27,989) 455,104 463,044
Transfers between
funds		 18 (19,581) 19,581
Net movement in funds 463,512 (8,408) 455,104 463,044
RECONCILIATION
OF FUNDS
Total funds brought forward
As previously reported 1,133,246 8,408 1,141,654 656,633
Prior year adjustment 11 (21,977) (21,977)
As restated 1,111,269 8,408 1,119,677 656,633
TOTAL FUNDS CARRIED FORWARD 1,574,781 1,574,781 1,119,677

Balance Sheet
31March 2021
31.3.21 31.3.20
Unrestricted Restricted Total Total
funds funds funds funds
as restated
Notes E
FIXEDASSETS
Tangible assets 12 7,611 7,611 12,157
Investment
property		 13 763,207 763,207 298,969
770,818 770,818 311,126
CURRENT ASSETS
Stocks 14 48,088 48,088 57,611
Debtors 15 119,752 119,752 67,124
Cash at bank 677,420 677,420 722,254
845,260 845,260 846,989
CREDITORS
Amounts
falling due within one year		 16 (41,297) (41,297) (38,438)
NET CURRENT ASSETS 803,963 803,963 808,551
TOTAL ASSETS LESSCURRENT LIABILITIES 1,574,781 1,574,781 1,119,677
NET ASSETS 1,574,781 1,574,781 1,119,677
FUNDS 18
Unrestricted
funds:
General fund 1,574,781 1,111,269
Restricted funds:
Hogwood
Campaign		 8,408
TOTAL FUNDS 1,574,781 1,119,677
Cash Flow Statement
for the Year Ended 31March 2021
31.3.21 31.3.20
as restated
Notes E
Cash flows from operating activities
Cash generated
from operations		 1 372,376 394,883
Net cash provided
by operating
activities		 372,376 394,883
Cash flows from investing activities
Purchase oftangible fixed assets (681) (5,761)
Purchase of investment
property		 (427,306)
Rent received 10,680 14,900
Interest received 97 157
Net cash (used in)/provided by investing activities (417,210) 9,296
Change in cash and cash equivalents in
the reporting
period		 (44,834) 404,179
Cash and cash equivalents at the
beginning
ofthe reporting		 period 722,254 318,075
Cash and cash equivalents at the end
ofthe reporting
period		 677,420 722,254
RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
31.3.21 31.3.20
as restated
E
Net income for the reporting period (as per the Statement of
Financial Activities) 455,104 463,044
Adjustments
for:
Depreciation
charges		 5,227 7,669
Gains on investments (36,932)
Interest received (97) (157)
Rent Received (10,680) (14,900)
Decrease/(increase) in stocks 9,523 (14,861)
Increase
in debtors		 (52,628) (19,280)
Increase/(decrease) in creditors 2,859 (26,632)
Net cash provided by operations 372,376 394,883

At 1.4.20 Cash flow At 31.3.21
E E E
Net cash
Cash at bank 722,254 (44,834) 677,420
722,254 (44,834) 677,420
Total 722,254 (44,834) 677,420

DONATIONS
AND LEGACIES
31.3.21 31.3.20
E E
Donations 694,735 652,975
Legacies 675,697 941,628
Grants 55,891 1,067
Subscriptions 22,480 15,019
1,448,883 1,616,688

OTHER TRA DING ACTIVITIES
31.3.21 31.3.20
E E
Fundraising events 1,652 31,185
Merchandise income 99,929 50,441
Advertising 1,082 31
Postage and packaging 8,750
Raffle 10,986 10,081
113,649 100,488

31.3.21 31.3.20
E E
Rents received 10,680 14,900
Deposit account interest 97 157
10,777 15,057
TOTAL EXPENDITURE
Raising Charitable 2021
Funds Activities Total
E E E
Staff costs 632,346 632,346
Campaigns 168,362 168,362
Festivals and events (4,799) (4,799)
Merchandise costs 73,306 73,306
Other direct costs 30,302 30,302
Support and governance costs (see note 6) 61,774 193,766 255,540
Total expenditure 135,080 1,019,977 1,155,057
Governance costs totalled 64,750(2020:E4,000)
Prior year comparative Raising Charitable 2020
Funds Activities Total
as restated
E
Staff costs 6,456 660,515 666,971
Campaigns 184,202 184,202
Festivals and events 60,835 60,835
Merchandise costs 33,125 33,125
Other direct costs 18,102 18,102
Support
and		 governance costs (see note 6) 71,307 228,648 299,955
Total expenditure 110,888 1,152,302 1,263,190

Method of Raising Charitable 2021
allocation funds activities Total
f f f
Premises costs Direct 53,321 53,321
Other admin Direct 13,197 13,197
ITsoftware and consumables Direct 13,933 13,933
Web costs Direct 14,072 14,072
Depreciation Direct 5,227 5,227
Postage Direct 61,774 29,805 91,579
Motor and travel Direct 5,998 5,998
Equipment hire Direct 2,243 2,243
Audit and accountancy fees Direct 15,942 15,942
Professional fees Direct 17,093 17,093
Freelancers Direct 22,935 22,935
61,774 193,766 255,540
Prior year comparative Method of Raising Charitable 2020
allocation funds activities Total
f f f
Premises costs Direct 46,317 46,317
Other admin Direct 24,658 24,658
ITsoftware and consumables Direct 19,448 19,448
Web costs Direct 24,542 24,542
Depreciation Direct 7,669 7,669
Postage Direct 71,307 66,910 138,217
Motor and travel Direct 21,556 21,556
Equipment hire Direct 1,292 1,292
Audit and accountancy fees Direct 13,316 13,316
Professional fees Direct 2,940 2,940
71,397 228,648 299,939

31.3.21 31.3.20
E E
Depreciation - owned assets 5,227 7,669
Audit fee 4,750 4,000

STAFF COSTS
31.3.21 31.3.20
E E
Wages and salaries 560,894 593,919
Socialsecurity costs 46,502 51,485
Other pension costs 24,950 21,567
632,346 666,971

31.3.21 31.3.20
Average head count 23 25

for th e Year Ended 31March 2021 e Year Ended 31March 2021 e Year Ended 31March 2021 e Year Ended 31March 2021
10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
funds funds funds
as restated
f
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 1,585,356 25,333 1,610,689
Other trading activities 100,488 100,488
Investment
income		 15,057 15,057
Total 1,700,901 25,333 1,726,234
EXPENDITURE ON
Raising funds 103,048 7,840 110,888
Charitable
activities
General 1,143,217 9,085 1,152,302
Total 1,246,265 16,925 1,263,190
NET INCOME 454,636 8,408 463,044
RECONCILIATION
OF		 FUNDS
Total funds brought forward 656,633 656,633
TOTAL FUNDS CARRIED FORWARD 1,111,269 8,408 1,119,677

for th e Year Ended 31March 202 e Year Ended 31March 202 1
12. TANGIBLE FIXEDASSETS
Computer
equipment
E
COST
At 1April 2020 53,718
Additions 681
At 31March 2021 54,399
DEPRECIATION
At 1April 2020 41,561
Charge for year 5,227
At 31March 2021 46,788
NET BOOK VALUE
At 31March 2021 7,611
At 31March 2020 12,157
H. INVESTMENT PROPERTY
FAIR VALUE
At 1April 2020 298,969
Additions 427,306
Revaluation of Investment Property 36,932
At 31March 2021 763,207
NET BOOK VALUE
At 31March 2021 763,207
At 31March 2020 298,969
Fair value at 31March 2021 is represented by:
E
Valuation
in		 2020 298,969
Valuation
in		 2021 464,238
763,207

14, STOCKS
31.3.21 31.3.20
as restated
E E
Stocks 48,088 57,611
15. DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.21 31.3.20
E E
Trade debtors 4,358 1,935
Other debtors 8,010 8,010
VAT 17,117 15,694
Prepayments
and accrued income		 90,267 41,485
119,752 67,124
16. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.21 31.3.20
E E
Trade creditors 21,734 18,568
Social security and other taxes 11,941 11,800
Other creditors 2,872 4,070
Accruals 4,750 4,000
41,297 38,438
Deferred Income Table
2021 2020
E E
At 1April 2020 6,545
Released during the year (6,545)
Deferred during the year
At 31March 2021

31.3.21 31.3.20
E E
Within one year 26,400 25,599
Between one and five years 105,600 105,600
In more than five years 26,400 52,800
158,400 183,999

MOVEME NT IN FUNDS
Prior Net Transfers
year movement between At
At 1.4.20 adjustment in funds funds 31.3.21
E E E E E
Unrestricted funds
General fund 1,133,246 (21,977) 483,093 (19,581) 1,574,781
Restricted funds
Hogwood Campaign 8,408 (16,883) 8,475
Billboards Appeal (11,106) 11,106
8,408 (27,989) 19,581
TOTAL FUNDS 1,141,654 (21,977) 455,104 1,574,781

Incoming Resources Gains and Movement
resources expended losses in funds
E E E E
Unrestricted
funds
General fund 1,514,984 (1,068,823) 36,932 483,093
Restricted funds
Hogwood
Campaign		 280 (17,163) (16,883)
Billboards Appeal 2,074 (13,180) (11,106)
Furlough
Grant		 55,891 (55,891)
58,245 (86,234) (27,989)
TOTAL FUNDS 1,573,229 (1,155,057) 36,932 455,104

Net
movement At
At 1.4.19 in funds 31.3.20
E E E
Unrestricted funds
General fund 656,633 454,636 1,111,269
Restricted funds
Hogwood Campaign 8,408 8,408
TOTAL FUNDS 656,633 463,044 1,119,677

Incoming Resources Movement
resources expended in funds
f E E
Unrestricted
funds
General fund 1,700,901 (1,246,265) 454,636
Restricted funds
Hogwood
Campaign		 25,333 (16,925) 8,408
TOTAL FUNDS 1,726,234 71,263,16D) 463,D44

Detailed Statement Detailed Statement Detailed Statement of Financial Activities
forthe Year Ended 31March 2021
31.3.21 31.3.20
as restated
E E
INCOME AND ENDOWMENTS
Donations and legacies
Donations 694,735 652,975
Legacies 675,697 941,628
Grants 55,891 1,067
Subscriptions 22,480 15,019
1,448,803 1,610,689
Other trading activities
Fundraislng events 1,652 31,185
Merchandise income 99,929 50,441
Advertising 1,082 31
Postage and packaging 8,750
Raffle 10,986 10,081
113,649 100,488
Investment income
Rents received 10,680 14,900
Deposit account interest 97 157
10,777 15,057
Total incoming resources 1,573,229 1,726,234
EXPENDITURE
Other trading activities
Wages 6,456
Merchandise costs 73,306 33,125
Postage 61,774 71,307
135,080 110,888
Charitable
activities
Wages 560,894 587,463
Social security 46,502 51,485
Carried forward 607,396 638,948

for the Year End ed 31 March 2021
31.3.21 31.3.20
as restated
E
Charitable
activities
Brought forward 607,396 638,948
Pensions 24,950 21,567
Premises costs 53,321 46,317
Other admin 13,196 24,658
ITSoftware 13,933 19,448
Web costs 14,072 24,542
Depreciation 5,228 7,669
Postage 29,805 66,910
Motor &Travel 5,998 21,556
Equipment hire 2,243 1,292
Audit &accountancy 15,942 13,316
Professional fees 17,093 2,940
Festivals &events (4,799) 60,835
Campaigns 168,362 184,202
Other direct costs 30,302 18,102
Freelancers 22,935
1,019,977 1,152,302
Totalresources expended 1,155,057 1,263,190
Net income before gains and losses 418,172 463,044
Realised recognised gains and losses
Realised gains/(losses) on fixed asset
investments 36,932
Net income 455.104 463,044