| Legal | and Administrative Information |
||||
|---|---|---|---|---|---|
| Annual | Report ofthe Trustees | ||||
| Interpal: Structure, Governance |
and Management | ||||
| Vision, Objectives, and Activities | |||||
| How Interpal Works | |||||
| Performance and Strategic Objectives |
for 2020 | ||||
| Strategic Objectives for 2020 | |||||
| Future Plans for 2021 | |||||
| Financial Review |
8 | ||||
| Income | 8 | ||||
| Expenditure | 8 | ||||
| Investment Policy |
8 | ||||
| Reserves and Funds Carried Forward |
8 | ||||
| Restricted and Unrestricted Funds |
9 | ||||
| Going Concern | 9 | ||||
| Statement of Trustees' Responsibilities |
in Relation to the Financial | Statements | 9 | ||
| Disclosure of Information to Auditors |
10 | ||||
| Financial Statements | 11 | ||||
| Independent Auditor's Report |
12 | ||||
| Statement of Financial Activities | 16 | ||||
| Balance Sheet | 17 | ||||
| Statement ofCash Flows | 18 | ||||
| Notes to the Financial Statements | 19 |
| Contents | ||
|---|---|---|
| Independent Auditor's |
Report | 12 |
| Statement of Financial |
Activities | 16 |
| Balance Sheet | 17 | |
| Statement ofCash Flows | 18 | |
| Notes to the Financial | Statements | 19 |
| Notes | 2020 (8) | 2019(6) | |
|---|---|---|---|
| Income from: | |||
| Donations | 2,550,681 | 5,471,873 | |
| Charitable activities |
64,081 | ||
| Investments | 129 | 6,160 | |
| Total income | 2,550,810 | 5,542,114 | |
| Expenditure on: |
|||
| Raising funds | 69,290 | 462,214 | |
| Charitable activities |
6,697,402 | 5,733,098 | |
| Total expenditure | 6,766,692 | 6,195,312 | |
| Net expenditure | (4,215,882) | (653,198) | |
| Reconciliation offunds: |
|||
| Total funds brought forward | 4,751,846 | 5,405,044 | |
| Total funds carded forward | 535,964 | 4,751,846 |
| Notes | 2020 (8) | 2019(8) | ||
|---|---|---|---|---|
| Fixed assets | ||||
| Tangible assets | 10 | 26,669 | 39,106 | |
| Current assets | ||||
| Debtors | 590,595 | 3,083,517 | ||
| Cash at bank and | in hand | 63,883 | 1,800,426 | |
| Total current assets | 654,478 | 4,883,943 | ||
| Current liabilities |
||||
| Creditonn amounts |
falling due within one year | 12 | (145,183) | (171,203) |
| Net current assets | 509,295 | 4,712,740 | ||
| Net assets | 535,964 | 4,751,846 | ||
| Funds ofthe Charity | ||||
| Unrestricted funds |
13 | 535,964 | 4,751,846 |
| Notes | 2020 (8) | 2010(8) | ||||
|---|---|---|---|---|---|---|
| Net cash | used in operating | activities | 14 | (1,735,211) | (158,595) | |
| Cash flows from investing | activities: | |||||
| Purchase | of8xed assets | (1,332) | (4,213) | |||
| Net cash | used in investing | activities | (1,332) | (4,213) | ||
| Change | in cash and cash | equivalents | in the year | (1,736,543) | (162,808) | |
| Cash and | cash equivalents | brought forward |
1,800,426 | 1,963,234 | ||
| Cash and cash equivalents | carried forward | 15 | 63,883 | 1,800,426 |
| 2020 (6) | 2019(6) | ||||
|---|---|---|---|---|---|
| Printing, | Design & Postage |
18,682 | 81,025 | ||
| Fundraising | Events | 40,049 | 260,604 | ||
| Donations | Processing | Charges | 120 | 773 | |
| Operational, | Support | &Staff Costs | 10,439 | 119,812 | |
| 69,290 | 462,214 |
| 2020 (8) | 2019(8) | |
|---|---|---|
| ITcosts | 25,073 | 53,329 |
| Premises rentals and overheads | 181,719 | 361,162 |
| Outsourced support services |
17,543 | 44,104 |
| Motor and travel expenses | 6,474 | 31,492 |
| Depreciation | 13,769 | 18,821 |
| Exchangeloss | 2,227 | 72,152 |
| Accountancy fee |
11,420 | 15,000 |
| Auditors remuneration |
6,500 | 10,320 |
| Trustees' travel &subsistence |
1,047 | 2,252 |
| Loss on disposal of fixed assets | 2,437 | |
| 265,772 | 611,069 |
| 2020 (8) | 2019(6) | ||||
|---|---|---|---|---|---|
| Staff Wages | &Salaries | 690,490 | 912,787 | ||
| Staff Training and Welfare | 174 | 171 | |||
| Employer's | National | Insurance | Contributions | 50,053 | 65,471 |
| Pension Costs | 12,945 | 16,418 | |||
| 753,662 | 994,847 |
| Staff by Department | Staff by Department | 2020 | 2019 |
|---|---|---|---|
| No. | No. | ||
| Fundraising | &PR | 17 | 31 |
| Operational | 8 Support | 17 | |
| 34 | 48 |
| 10.TANGIBLE FIXEDASSETS | ||
|---|---|---|
| Fixtures, Fttsnas a | ||
| Equtpment lei |
||
| Cost | ||
| At 1«January 2020 | 305,814 | |
| Additions | 1,332 | |
| At 31«December 2020 | 307,146 | |
| Depreciation | ||
| At 1«January 2020 | 266,708 | |
| Charge for the year | 13,769 | |
| At 31«December 2020 | 280,477 | |
| Net Book Value | ||
| At 31«December 2020 | 26,669 | |
| At 31«December 2019 | 39,106 | |
| 1.DEBTORS | ||
| 2020 (6) | 2019(6) | |
| GAD Tax recoverable | 916,109 | |
| Prepayments | 6,969 | 10,287 |
| Other Debtors | 446,086 | 962,925 |
| Allocated funds for the field | 137,540 | 1,194,196 |
| 590,595 | 3,083,517 |
| 2.CREDITORS: am | o | unts falling due withi |
n one year | ||
|---|---|---|---|---|---|
| 2020 (8) | 2019(6) | ||||
| Other taxes &social | security | 12,590 | 13,953 | ||
| Accruals | 15,107 | 35,640 | |||
| Other creditors | 117,486 | 121,610 | |||
| 145,183 | 171,203 | ||||
| 3.RECONCILIATION | OF MOVEMENTS | ON UNRESTRICTED FUNDS | |||
| 2020 (6) | 2019(6) | ||||
| Total funds brought | forward | 4,751,846 | 5,405,044 | ||
| Income | 2,550,810 | 5,542,114 | |||
| Expenditure | (6,766,692) | (6,195,312) | |||
| Total funds carried | forward | 535,964 | 4,751,846 |
| 2020 (8) | 2019(6) | |||
|---|---|---|---|---|
| Net expenditure | (4,215,882) | (653,198) | ||
| Depreciation | 13,769 | 18,821 | ||
| Decrease in debtors | 2,492,922 | 442,910 | ||
| Increase/(decrease) | in creditors | (26,020) | 30,435 | |
| Loss on disposal of | fixed assets | 2,437 | ||
| Net cash used in operating | activities | (1,735,211) | (158,595) |
| At 1" | Cash flow | At 31e | ||
|---|---|---|---|---|
| January | movement | December | ||
| 2020 | 2020 | |||
| (8) | (8) | |||
| Cash at | bank and in hand | 1,800,426 | (1,736,543) | 63,883 |
| Change | in net funds | 1,800,426 | (1,736,543) | 63,883 |
| Land and Buildings | |||||
|---|---|---|---|---|---|
| 2020 (8) | 2019(8) | ||||
| i) | Not later than | 1 year | 71,811 | 116,783 | |
| ii) | Later than | 1 | year and not later than 5 years | 52,014 | 123,826 |
| 123,825 | 240,609 |