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2021-03-31-accounts
|
Note |
Jnrestricted |
Restricted |
Total Funds |
Unrestricted |
Restricted |
Total Funds |
|
|
Funds |
Funds |
2021 |
Funds |
Funds |
2020 |
|
|
£ |
£ |
£ |
£ |
£ |
£ |
| INCOME FROM |
|
|
|
|
|
|
|
| Donations and legacies |
2 |
90,148 |
11,903 |
102,051 |
89,749 |
- |
89,749 |
| Investments |
3 |
1,720 |
- |
r 1,720 |
3,249 |
|
3,249 |
| Charitable Activities |
4 |
133,520 |
430,759 |
564,279 |
157,588 |
289,691 |
447,279 |
| Other Income |
|
77 |
- |
77 |
21,930 |
- |
21,930 |
| TOTAL INCOME |
|
225,465 |
442,662 |
668,127 |
272,516 |
289,691 |
562,207 |
| EXPENDITURE ON |
|
|
|
|
|
|
|
| Raising Funds |
5 |
21,128 |
|
21,128 |
17,787 |
|
17,787 |
| Charitable Activities: |
6 |
|
|
|
|
|
|
| Staff Costs |
7 |
140,328 |
322,059 |
r 462,387 |
124,631 |
267,466 |
392,097 |
| Premises Costs |
|
65,856 |
47,268 |
113,124 |
74,249 |
39,285 |
113,534 |
| Support costs |
8 |
13,369 |
38,157 |
51,526 |
35,809 |
10,200 |
46,009 |
| Payments to Third Parties |
9 |
- |
10,525 |
10,525 |
|
- |
- |
| TOTAL EXPENDITURE |
|
240,681 |
418,009 |
658,690 |
252,476 |
316,951 |
569,427 |
| NET INCOME/(EXPENDITURE) |
10 |
( 15,216) |
24,653 |
9,437 |
20,040 |
( 27,260) |
( 7,220) |
| TRANSFERS BETWEEN FUNDS |
11 |
10,954 |
( 10,954) |
- |
( 23,011) |
23,011 |
|
| NET MOVEMENT IN FUNDS |
|
(4,262) |
13,699 |
9,437 |
( 2,971) |
( 4,249) |
( 7,220) |
| RECONCILIATION OF FUNDS: |
|
|
|
|
|
|
|
| TOTAL FUNDS BROUGHT FORWARD |
|
207,136 |
- |
207,136 |
210,107 |
4,249 |
214,356 |
| TOTAL FUNDS CARRIED FORWARD |
|
202,874 |
13,699 |
216,573 |
207,136 |
- |
207,136 |
|
|
|
2021 |
|
2020 |
|
Note |
|
£ |
|
£ |
| Fixed assets |
|
|
|
|
|
| Tangible Assets |
12 |
|
|
|
|
| Current assets |
|
|
|
|
|
| Debtors |
13 |
41,622 |
|
48,230 |
|
| Cash at bank and in hand |
|
304,126 |
|
301,760 |
|
|
|
345,748 |
|
349,990 |
|
| Less: Liabilities |
|
|
|
|
|
| Amounts falling due within one |
14 |
( 129,175) |
|
( 142,854) |
|
| year |
|
|
|
|
|
| NET CURRENT ASSETS |
|
|
216,573 |
|
207,136 |
| **TOTAL ASSETS LESS CURRENT ** |
LIABILITIES |
|
216,573 |
|
207,136 |
| Funds of the Charity |
15 |
|
|
|
|
| Unrestricted funds |
|
|
202,874 |
|
207,136 |
| Restricted funds |
|
|
13,699 |
|
- |
| TOTAL FUNDS |
|
|
216,573 |
|
207,136 |
| **Reconciliation of increase in funds to net cash flow from operating ** |
**Reconciliation of increase in funds to net cash flow from operating ** |
activities |
|
2021 |
2020 |
|
£ |
£ |
| Increase (Decrease) in funds |
9,437 |
( 7,220) |
| Depreciation charge |
|
515 |
| Decrease/(increase) in debtors |
6,608 |
( 40,145) |
| (Decrease)/ Increase in creditors |
( 13,679) |
72,116 |
| Interest received |
( 1,720) |
( 3,249) |
| Net cash flow from operating activities |
646” |
22,017 |
| Cash flow statement |
|
|
| Net cash flow from operating activities |
646 |
22,017 |
| Investing activities |
|
|
| Interest received |
1,720 |
3,249 |
| Fixed assets addition |
- |
- |
| Increase / (Decrease) in cash |
2,366 |
25,266 |
| Movement in cash |
2,366 |
25,266 |
| Net cash 1 April |
301,760 |
276,494 |
| Net cash at 31 March |
304,126 |
301,760 |
|
Unrestricted |
Restricted |
2021 Total |
) |
Unrestricted |
Restricted |
2020 Total |
|
Funds |
Funds |
Funds |
|
Funds |
Funds |
Funds |
|
£ |
£ |
£ |
|
£ |
£ |
£ |
| 2 INCOME FROM DONATIONS AND LEGACIES |
|
|
|
|
|
|
|
| Benefit in Kind |
50,000 |
- |
50,000 |
|
50,000 |
- |
50,000 |
| Reading B. Council, provision of Premises occupied |
by Reading Citizens |
|
|
|
|
|
|
| Advice on a Rent Free Basis (see also Note 19) |
|
|
|
|
|
|
|
| Corporate |
|
|
|
|
|
|
|
| London Legal |
- |
- |
- |
|
419 |
- |
419 |
| TDK Epcos (UK) Ltd. |
700 |
- |
700 |
1 |
1,000 |
- |
1,000 |
| Waitrose |
333 |
- |
333 |
|
300 |
- |
300 |
| Parish Councils |
|
|
|
|
|
|
|
| Earley |
800 |
|
800 |
|
876 |
|
876 |
| Holybrook |
- |
|
- |
|
350 |
|
350 |
| Purley on Thames |
- |
|
- |
|
826 |
|
826 |
| Shinfield |
- |
|
- |
|
1,000 |
|
1,000 |
| Tilehurst |
500 |
|
500 |
|
1,000 |
|
1,000 |
| Twyford |
- |
|
- |
|
350 |
|
350 |
| Trust Funds and Other Organisations |
|
|
|
|
|
|
|
| Englefield Trust |
3,000 |
- |
3,000 |
|
- |
- |
- |
| J Davy Foundation |
30,000 |
- |
30,000 |
|
25,000 |
- |
25,000 |
| Reading Rotary Club |
200 |
- |
200 |
|
|
- |
- |
| St. Michael's Church Congregation |
375 |
- |
375 |
|
|
- |
|
| Other Voluntary Income |
|
|
|
|
|
|
|
| Restricted |
- |
- |
- |
|
- |
- |
- |
| Unrestricted |
4,240 |
- |
4,240 |
|
7,994 |
- |
7,994 |
| Coronavirus Job Retention Scheme |
- |
11,903 |
11,903 |
|
- |
- |
- |
| Gift Aid Recoveries from HMRC |
- |
- |
- |
|
634 |
- |
634 |
|
90,148 |
11,903 |
102,051 |
|
89,749 |
- |
89,749 |
| 3 INVESTMENT INCOME |
|
|
|
|
|
|
|
| Interest on Bank Deposits |
1,720 |
- |
1,720 |
|
3,249 |
- |
3,249 |
| 4 INCOME FOR CHARITABLE ACTIVITIES |
|
|
|
|
|
|
|
| Reading Borough Council Maximising Income |
101,000 |
- |
101,000 |
|
101,000 |
- |
101,000 |
| Big Lottery / Red Cross Immigration Advice |
- |
38,480 |
38,480 |
|
- |
35,720 |
35,720 |
| Catalyst Housing |
1,260 |
- |
1,260 |
|
15,613 |
- |
15,613 |
| Energy / Financial Capability |
15,260 |
- |
15,260 |
|
40,975 |
- |
40,975 |
| Energy Savings Trust |
|
12,691 |
12,691 |
|
|
- |
- |
| EU Energy (STEP) |
|
35,780 |
35,780 |
|
|
36,691 |
36,691 |
| Macmillan |
|
103,354 |
103,354 |
|
|
96,687 |
96,687 |
| Thames Water Trust Fund |
|
35,000 |
35,000 |
|
|
35,000 |
35,000 |
| Henry Smith Charity |
|
57,325 |
57,325 |
|
|
56,475 |
56,475 |
| Peace of Mind Matters - see Note 15 for Funders |
|
16,119 |
16,119 |
|
|
- |
- |
| Help to Claim |
|
32,110 |
32,110 |
|
|
29,118 |
29,118 |
| National Lottery Community Fund |
- |
89,008 |
89,008 |
|
|
- |
- |
| Equipment Upgrade - see Note 15 for Funders |
- |
10,892 |
10,892 |
|
- |
- |
- |
| Others |
16,000 |
- |
16,000 |
|
- |
- |
- |
| TOTAL |
133,520 |
430,759 |
564,279 |
|
157,588 |
289,691 |
447,279 |
|
Unrestricted |
Restricted |
2021 |
Unrestricted |
Restricted |
2020 |
|
Funds |
Funds |
Funds |
Funds |
Funds |
Funds |
|
£ |
£ |
£ |
£ |
£ |
£ |
| 5 COSTS OF RAISING FUNDS |
|
|
|
|
|
|
| COSTS OF RAISING VOLUNTARY INCOME |
|
|
|
|
|
|
| Direct and Overhead Expenses |
- |
- |
- |
- |
- |
- |
| Staff Costs |
21,128 |
- |
21,128 |
17,787 |
- |
17,787 |
| TOTAL |
21,128 |
- |
21,128 |
17,787 |
- |
17,787 |
| Staff Costs are for two part-time staff members. |
|
|
|
|
|
|
| 6 ANALYSIS OF EXPENDITURE ON CHARITABLE ACTIVITIES |
|
|
|
|
|
|
| Year to 31 March 2021 |
Readrig BC |
|
|
National |
BIG Lottery |
|
|
Narrowhg |
Macmilan |
Henry |
Lottery |
/Red Cross |
Help to Clam |
|
The Gap |
|
Smith |
Fund |
Immigration |
|
| Staff cost |
90,229 |
89,608 |
47,074 |
36,343 |
41,916 |
27,491 |
| Premises cost |
50,288 |
10,889 |
7,110 |
5,657 |
3,498 |
9,491 |
| Support cost |
9,242 |
1,756 |
1,976 |
8,094 |
722 |
1,875 |
| Payments to Third Parties |
- |
- |
- |
- |
- |
- |
| Sub-Total |
149,759 |
102,253 |
56,160 |
50,094 |
46,136 |
38,857 |
|
Wider |
Thames |
|
|
|
Total |
|
Advice |
Water |
EU STEP |
Others |
|
|
| Staff cost |
25,908 |
32,205 |
19,948 |
51,665 |
|
462,387 |
| Premises cost |
10,183 |
4,399 |
4,987 |
6,622 |
|
113,124 |
| Support cost |
1,885 |
749 |
10,845 |
14,382 |
|
51,526 |
| Payments to Third Parties |
- |
|
- |
10,525 |
|
10,525 |
| Sub-Total |
37,976 |
37,353 |
35,780 |
83,194 |
|
637,562 |
| Year to 31 March 2020 |
Reading B C |
Macmfen |
Henry |
Thames |
Wider Advice |
EU (STEP) |
|
Max. |
|
Smith |
Water T rust |
Service |
|
|
Income |
|
|
Fund |
|
|
| Staff cost |
86,670 |
88,391 |
55,212 |
31,884 |
6,770 |
28,848 |
| Premises cost |
55,128 |
12,018 |
7,452 |
4,386 |
11,705 |
7,186 |
| Support cost |
14,089 |
4,671 |
1,759 |
1,035 |
12,604 |
657 |
| Sub-Total |
155,887 |
105,080 |
64,423 |
37,305 |
31,079 |
36,691 |
| BIG Lottery/ Red Cross |
|
Others |
|
Total |
|
|
| Staff cost |
35,821 |
58,501 |
|
392,097 |
|
|
| Premises cost |
5,184 |
10,475 |
|
113,534 |
|
|
| Support cost |
1,612 |
9,582 |
|
46,009 |
|
|
| Sub-Total |
42,617 |
78,558 |
|
551,640 |
|
|
| 7STAFF AND VOLUNTEER COSTS |
Unrestricted |
Restricted |
2021 Total |
Unrestricted |
Restricted |
2020 Total |
|
Funds |
Funds |
Funds |
Funds |
Funds |
Funds |
|
£ |
£ |
£ |
£ |
£ |
£ |
| Wages and Salaries |
145,029 |
278,864 |
423,893 |
119,698 |
243,589 |
363,287 |
| Social Security Costs |
7,456 |
14,266 |
21,722 |
5,998 |
12,205 |
18,203 |
| Other Pension Costs (Note 17) |
5,315 |
10,170 |
15,485 |
4,317 |
8,785 |
13,102 |
| Other Staffing Costs |
|
|
|
|
|
|
| Paid Staff (expenses, recruitment, training) 2,924 |
|
5,622 |
8,546 |
3,563 |
2,887 |
6,450 |
| Volunteers (expenses) |
732 |
- |
732 |
8,842 |
- |
8,842 |
| Redundancy Payments |
- |
13,137 |
13,137 |
- |
- |
- |
| TOTAL |
161,456 |
322,059 |
483,515 |
142,418 |
267,466 |
409,884 |
| Split: |
|
|
|
|
|
|
| Raising funds |
21,128 |
- |
21,128 |
17,787 |
- |
17,787 |
| Charitable activities |
140,328 |
322,059 |
462,387 |
124,631 |
267,466 |
392,097 |
| As at 31st March 2021 the number of staff employed was |
|
28 (= 16.8 Full Time Equivalent). |
|
|
|
|
| The corresponding numbers as at 31st March 2020 were 26 (= 15.1 Full |
|
|
Time Equivalent). |
|
|
|
| No employee earned more than £60,000 in the current or |
|
preceding year. |
|
|
|
|
| The pay of the Key Manager during the year totalled £33,240, two incumbents (2020: |
|
|
|
£29,350) |
|
|
| No trustee received a salary during the year (2020: Nil) |
|
|
|
|
|
|
| No Trustee received any expenses of in the |
year ending 31st March 2021(31st March |
|
|
2020: Nil) |
|
|
|
General |
Governance |
2021 Total |
General |
Governance |
2020 Total |
|
support |
|
|
support |
|
|
|
£ |
£ |
£ |
£ |
£ |
£ |
| Independent Examinatior |
- |
775 |
775 |
- |
775 |
775 |
| AGM Expenses |
- |
167 |
167 |
- |
341 |
341 |
| General office |
48,728 |
- |
48,728 |
36,016 |
- |
36,016 |
| Payroll cost |
1,152 |
- |
1,152 |
1,248 |
- |
1,248 |
| Consulting |
704 |
- |
704 |
7,114 |
- |
7,114 |
| Depreciation |
- |
- |
- |
515 |
- |
515 |
|
50,584 |
942 |
51,526 |
44,893 |
1,116 |
46,009 |
| **12 ** |
TANGIBLE FIXED ASSETS |
2021 |
2020 |
|
Cost |
£ |
£ |
|
Cost at 1 April 2020 |
16,002 |
16,002 |
|
Additions |
- |
- |
|
At 31 March 2021 |
16,002 |
16,002 |
|
Depreciation |
|
|
|
At 1 April 2020 |
16,002 |
15,487 |
|
Charge for the year |
- |
515 |
|
At 31 March 2020 |
16,002 |
16,002 |
|
Net Book Value |
|
|
|
At 31 March 2020 |
- |
515 |
|
At 31 March 2021 |
- |
- |
|
|
2021 |
2020 |
| **13 ** |
DEBTORS |
£ |
£ |
|
Funding Payments outstanding |
24,542 |
42,002 |
|
Prepayments |
16,163 |
3,921 |
|
Other debtors |
917 |
2,307 |
|
|
41,622 |
48,230 |
| **14 ** |
**CREDITORS: AMOUNTS FALLING DUE ** |
WITHIN ONE YEAR |
|
|
Taxation and social security |
7,242 |
7,136 |
|
Other creditors |
37,439 |
3,565 |
|
Accruals |
1,017 |
1,017 |
|
Funding payments received in advance |
83,477 |
131,136 |
|
|
129,175 |
142,854 |
| 15 MOVEMENT IN FUNDS |
|
|
|
|
|
|
|
| Year to 31 March 2021 |
As at 31st |
Incoming |
Outgoing |
Transfers |
|
As at |
31st |
|
March 2020 |
Resources |
Resources |
2021 |
|
March |
2021 |
| RESTRICTED FUNDS |
£ |
£ |
£ |
£ |
|
£ |
|
| Thames Water Trust Fund |
|
35,000 |
37,353 |
|
2,353 |
|
- |
| Red Cross - Immigration |
|
38,480 |
46,136 |
|
7,656 |
|
- |
| Macmillan |
|
103,354 |
102,253 |
|
- |
|
1,101 |
| EU Energy (STEP) |
|
35,780 |
35,780 |
|
- |
|
- |
| Henry Smith Charity |
|
57,325 |
56,160 |
|
- |
|
1,165 |
| Help to Claim |
|
32,110 |
38,857 |
|
6,747 |
|
- |
| Peace of Mind Matters |
|
16,119 |
15,981 |
|
- |
|
138 |
| Equipment Upgrade |
|
10,892 |
10,397 |
|
- |
|
495 |
| Energy Savings Trust |
|
12,691 |
10,525 |
( |
2,166) |
|
- |
| National Lottery Community Fund |
|
89,008 |
50,094 |
( 28,114) |
|
10,800 |
|
| Coronavirus Job Retention Scherer |
|
11,903 |
14,473 |
|
2,570 |
|
- |
| TOTAL RESTRICTED FUNDS |
|
442,662 |
418,009 |
( 10,954) |
|
13,699 |
|
| The £10,800 Reserve as at 31st March 2021 within the National Lottery |
The £10,800 Reserve as at 31st March 2021 within the National Lottery |
The £10,800 Reserve as at 31st March 2021 within the National Lottery |
Community Fund refers to a new Telephone System |
Community Fund refers to a new Telephone System |
Community Fund refers to a new Telephone System |
| purchased in March 2021 but yet to be delivered |
|
|
|
|
|
| UNRESTRICTED FUNDS |
|
|
|
|
|
| Designated Funds |
|
|
|
|
|
| Income Shortfall Fund |
69,000 |
- |
|
( 69,000) |
- |
| Total Designated Funds |
69,000 |
- |
- |
( 69,000) |
- |
| General Fund |
138,136 |
225,465 |
240,681 |
79,954 |
202,874 |
| TOTAL UNRESTRICTED FUNDS |
207,136 |
225,465 |
240,681 |
10,954 |
202,874 |
| TOTAL FUNDS |
207,136 |
668,127 |
658,690 |
- |
216,573 |
| Year to 31 March 2020 |
As at |
31st |
Incoming |
Outgoing |
Transfers |
As at 31st |
|
March |
2019 |
Resources |
Resources |
2020 |
March 2020 |
| RESTRICTED FUNDS |
£ |
|
£ |
£ |
£ |
£ |
| Thames Water Trust Fund |
|
- |
35,000 |
37,305 |
2,305 |
|
| Red Cross - Immigration |
|
506 |
35,720 |
42,617 |
6,391 |
|
| Macmillan |
|
3,743 |
96,687 |
105,080 |
4,650 |
|
| Lloyds Housing Debt Project |
|
- |
36,691 |
36,691 |
- |
|
| Henry Smith Charity |
|
- |
56,475 |
64,423 |
7,948 |
|
| Help to Claim |
|
- |
29,118 |
30,835 |
1,717 |
|
| TOTAL RESTRICTED FUNDS |
|
4,249 |
289,691 |
316,951 |
23,011 |
|
| UNRESTRICTED FUNDS |
|
|
|
|
|
|
| Designated Funds |
|
|
|
|
|
|
| Income Shortfall Fund |
80,000 |
|
- |
- |
( 11,000) |
69,000 |
| Total Designated Funds |
80,000 |
|
- |
- |
( 11,000) |
69,000 |
| General Fund |
130,107 |
|
272,516 |
252,476 |
( 12,011) |
138,136 |
| TOTAL UNRESTRICTED FUNDS_ |
210,107 |
|
272,516 |
252,476 |
( 23,011) |
207,136 |
| TOTAL FUNDS |
214,356 |
|
562,207 |
569,427 |
- |
207,136 |
| 16 ANALYSIS OF NET ASSETS BETWEEN FUNDS |
|
|
|
|
|
|
| Year to 31 March 2021 |
|
|
Tangible |
Net Current |
Total |
|
|
|
|
Fixed Assets |
Assets |
2021 |
|
|
|
|
£ |
£ |
£ |
|
| Restricted Income Funds |
|
|
|
|
|
|
| Thames Water Trust Fund |
|
|
|
- |
- |
|
| Red Cross - Immigration |
|
|
|
- |
- |
|
| MacMillan |
|
|
|
1,101 |
1,101 |
|
| EU Energy (STEP) |
|
|
|
- |
- |
|
| Henry Smith Charity |
|
|
|
1,165 |
1,165 |
|
| Help to Claim |
|
|
|
- |
- |
|
| Peace of Mind Matters |
|
|
|
138 |
138 |
|
| Equipment Upgrade |
|
|
|
495 |
495 |
|
| Energy Savings Trust |
|
|
|
- |
- |
|
| National Lottery Community Fund |
|
|
|
10,800 |
10,800 |
|
| Furlough Payments from HMRC |
|
|
|
- |
- |
|
| Unrestricted Funds |
|
|
|
|
|
|
| Designated Fund |
|
|
|
- |
- |
|
| General Fund |
|
|
|
202,874 |
202,874 |
|
| Totals |
|
|
|
216,573 |
216,573 |
|
| Year to 31 March 2020 |
|
|
|
|
|
|
| Restricted Income Funds |
|
|
|
|
|
|
| Thames Water Trust Fund |
|
|
- |
- |
- |
|
| Red Cross - Immigration |
|
|
- |
- |
- |
|
| MacMillan |
|
|
- |
- |
- |
|
| Lloyds Housing Project |
|
|
- |
- |
- |
|
| Unrestricted Funds |
|
|
|
|
|
|
| Designated Fund |
|
|
- |
69,000 |
69,000 |
|
| General Fund |
|
|
- |
138,136 |
138,136 |
|
| Totals |
|
|
- |
207,136 |
207,136 |
|
| OPERATING LEASE COMMITMENTS |
|
|
| At the year end the charity had annual commitments under non-cancellable |
|
|
| Operating lease agreements as follows:- |
Total |
Total |
|
2021 |
2020 |
| Operating leases which expire |
£ |
£ |
| Within one year |
|
|
| Within two to five years |
4,063 |
6,931 |