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|Reference and Administrative
Details|Reference and Administrative
Details||
|---|---|---|
|Trustees' Report||2to13|
|Statement ofTrustees'|Responsibilities|14|
|Independent
Examiner's|Report|15|
|Statement ofFinancial|Activities|16to 17|
|Balance Sheet||18to 19|
|Notes to the Financial|Statements|20to 33|
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||||and Lo|sses)|||
|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|
|||||funds|funds|2021|
||||Note|K|||
|Income and Endowments||from:|||||
|Donations
and legacies||||1,284||1,284|
|Charitable
activities||||34,506|457,672|492,178|
|Total income||||35,790|457,672|493,462|
|Expenditure
on:|||||||
|Charitable
activities||||(40,014)|(474,723)|(514,737)|
|Total expenditure||||(40,014)|(474,723)|(514,737)|
|Gains/losses
on investment||assets||4,173||4,173|
|Net expenditure||||(51)|(17,051)|(17,102)|
|Transfers between|funds|||(6,133)|6,133||
|Other recognised|gains and losses||||||
|Actuarial
gains on|defined benefit pension||||||
|schemes||||(237,000)||(237,000)|
|Net movement
in funds||||(243,184)|(10,918)|(254,102)|
|Reconciliation offunds|||||||
|Total funds brought|forward|||(496,393)|97,168|(399,225)|
|Total funds carried|forward|||(739,577)|86,250|(653,327)|
|||||Unrestricted|Restricted|Total|
|||||funds|funds|2020|
||||Note||||
|Income and Endowments||from:|||||
|Donations
and legacies|||||1,900|1,900|
|Charitable
activities||||50,032|368,918|418,950|
|Total income||||50,032|370,818|420,850|
|Expenditure
on:|||||||
|Charitable
activities|||5|(109,533)|(392,430)|(501,963)|
|Total expenditure||||(109,533)|(392,430)|(501,963)|
|Gains/losses
on investment||assets||(656)||(656)|
|Net expenditure||||(60,157)|(21,612)|(81,769)|
|Transfers between|funds|||(1,049)|1,049||
|Other recognised gains and losses|||||||
|Actuarial
gains on defined benefit pension|||||||
|schemes||||148,000||148,000|
|Net movement
in funds||||86,794|(20,563)|66,231|
##
|||Unrestricted|Restricted|Total|
|---|---|---|---|---|
|||funds|funds|2020|
||Note||||
|Reconciliation offunds|||||
|Total funds brought forward||(583,187)|117,731|(465,456)|
|Total funds carried forward|16|(496,393)|97,168|(399,225)|
##
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||||Balance Sheet as at|31March 2021|||
|---|---|---|---|---|---|---|
||||||2021|2020|
|||||Note|8||
|Fixed assets|||||||
|Investments|||||24,332|20,159|
|Current
assets|||||||
|Debtors||||12|30,343|14,751|
|Cash at bank|and in hand|||13|311,961|310,663|
||||||342,304|325,414|
|Creditors: Amounts||falling due within one year||14|(46,963)|(28,798)|
|Net current|assets||||295,341|296,616|
|Net assets excluding||pension liability|||319,673|316,775|
|Pensioa scheme liability||||15|(973,000)|(716,000)|
|Net liabilities|including||pension liability||(653,327)|(399,225)|
|Funds ofthe|charity:||||||
|Restricted income funds|||||||
|Restricted funds|||||86,250|97,168|
|Uarestricted|income|funds|||||
|Unrestricted|funds||||(739,577)|(496,393)|
|Total funds||||16|(653,327)|(399,225)|
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||||Unrestricted|||
|---|---|---|---|---|---|
||||fuads|Restricted|Total|
||||General|fuads|funds|
|Donations
and legacies;||||||
||Donations
from individuals||1,284||1,284|
|Total for 2021|||1,284||1,284|
|Total for 2020||||1,900|1,900|
|4|Income from charitable|activities||||
||||Unrestricted|||
||||funds|Restricted|Total|
||||General|funds|funds|
||Contract income||12,500|197,283|209,783|
||Training
event income||938||938|
||Project fees||14,750|43,719|58,469|
||Other income||745|2,520|3,265|
||Income from listed investments||712||712|
||Interest on cash deposits||131||131|
||Grants receivable||4,750|214,150|218,900|
|Total for2021|||34,526|457,672|492,198|
|Total for 2020|||100,472|318,478|418,950|
##
|5
Expendit|ure|on cha|ritable
activ|ities||||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|funds|Restricted|Total|
|||||Desigaated|General|funds|funds|
||||Note|||f.||
|Charity
running||costs||31,000|(18,316)|140,581|153,265|
|Depreciation,||||||||
|amortisation|and|||||||
|other similar|costs||||680|5,110|5,790|
|Staffcosts||||(11,000)|33,510|329,032|351,542|
|Governance|costs||||4,140||4,140|
|Total for 2021||||20,000|20,014|474,723|514,737|
|Total for 2020||||22,000|87,533|392,430|501,963|
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||||Unrestricted||
|---|---|---|---|---|
||||funds|Total|
||||General|funds|
|Independent
examiner fees|||||
|Examination|ofthe financial|statements|4,140|4,140|
|Total for 2021|||4,140|4,140|
|Total for 2020|||4,000|4,000|
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|the year expressed
as full time equivalents
w|as as follows:||||
|---|---|---|---|---|
||2021||2020||
||No||No||
|Total||19||16|
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|Furniture|and||
|---|---|---|
|equipment||Total|
||5,790|5,790|
||5,790|5,790|
||5,790|5,790|
||5,790|5,790|
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|Other investments|||
|---|---|---|
||Listed||
||investments|Total|
|Cost orValuation|||
|At I April 2020|20,159|20,159|
|Revaluation|4,173|4,173|
|At 31March 2021|24,332|24,332|
|Net book value|||
|At 31March 2021|24,332|24,332|
|At 31March 2020|20,159|20,159|
##
|12 Debtors|||
|---|---|---|
||2021|2020|
|Trade debtors|8,394|4,779|
|Accrued income|21,943|9,833|
|Other debtors|6|139|
||30,343|14,751|
|13 Cash and cash equivalents|||
||2021|2020|
|Cash on hand|166|166|
|Cash at bank|311,795|310,497|
||311,961|310,663|
##
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|14 Creditors: amounts
falling due within one|year||
|---|---|---|
||2021|2020|
|Trade creditors|3,689|772|
|Other creditors|25,273|24,026|
|Accruals|18,001|4,000|
||46,963|28,798|
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|The amo|unts
recognised
in the statement|offinancial position are as|follows:||
|---|---|---|---|---|
||||2021|2020|
|Fair value ofscheme assets|||1,117,000|1,040,000|
|Present|value ofdefined benefit obligation||(2,090,000)|(1,756,000)|
|Defined|benefit pension scheme deficit||(973,000)|(716,000)|
|Defined|benefit obligation||||
|Changes|in the defined benefit obligation|are as follows:|||
|||||2021|
|Present|value at start ofyear|||1,756,000|
|Current|service cost|||13,000|
|Interest|cost|||41,000|
|Change|in financial
assumptions|||397,000|
|Change|in demographic
assumptions|||(39,000)|
|Benefits|paid|||(53,000)|
|Contributions
by scheme participants
Experience gain on defined benefit obligation||||3,000
~28,0002|
|Present|value at end ofyear|||2,090,000|
##
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|Changes
in the fair value ofsche|me assets|are as f|ollows:|||
|---|---|---|---|---|---|
||||||2021|
|Fair value at start ofyear|||||1,040,000|
|Interest on assets|||||24,000|
|Return on plan assets, excluding|amounts|included|in interest income/(expense)||93,000|
|Employer
contributions|||||11,000|
|Contributions
by scheme participants|||||3,000|
|Benefits paid|||||(53,000)|
|Administration
expenses|||||(1,000)|
|Fair value at end ofyear|||||1,117,000|
|Analysis ofassets||||||
|The major categories ofscheme|assets are|as follows:||||
|||||2021|2020|
|Cash and cash equivalents||||63,000|123,000|
|Equity instruments||||652,000|587,000|
|Other bonds||||188,000|97,000|
|Property||||144,000|143,000|
|Target return portfolio||||47,000|44,000|
|Commodities|||||6,000|
|Infrastructure||||90,000|85,000|
|Longevity
insurance||||(67,000)|(45,000)|
|||||1,117,000|1,040,000|
|Return on scheme assets||||||
|||||2021|2020|
|Return
on scheme assets||||117,000|(15,000)|
##
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##
|The principal
a|ctuar|ial
|ass|umptions|at the statement|offinancial p|osition
date are|as follows:||
|---|---|---|---|---|---|---|---|---|---|
|||||||||2021|2020|
||||||||||0/|
|Discount rate||||||||2.00|2.35|
|Future salary increases||||||||3.85|2.95|
|Future pension|increases|||||||2.85|1.95|
|RPI increases||||||||3.25|2.75|
|Post retirement|mortality|||assumptions||||||
|||||||||2021|2020|
|||||||||Years|Years|
|Current UK pensioners|||at|retirement|age - male|||21.00|22.00|
|Current UK pensioners|||at|retirement|age - female|||24.00|24.00|
|16 Funds||||||||||
||||||||||Other|
|||||Salance at I||Incoming|Resources||recognised|
||||||April 2020|resources|espended|Transfers|gains/posses)|
||||||g||g|||
|Unrestricted
funds||||||||||
|General||||||||||
|General Fund|||||59,448|105,305|(89,529)|(6,133)||
|Designated||||||||||
|COIF Investment|||||20,159||||4,173|
|Pension Reserve|||||(716,000)||(20,000)||(237,000)|
|Pension Liability||Reserve|||80,000|||||
|Contingency|Reserve||||60,000|||||
||||||(555,841)||(20,000)||(232,827)|
|Total unrestricted||funds|||(496,393)|105,305|(109,529)|(6,133)|(232,827)|
|Restricted funds||||||||||
|Restricted Funds||(see|below)||97,168|457,672|(474,723)|6,133||
|Total funds|||||(399,225)|562,977|(584,252)||(232,827)|
##
##
|Notes|to the Financial Statements for the|Year Ended 31March 2021|
|---|---|---|
|||Balance at 31|
|||March 2021|
|Unrestricted
funds|||
|General|||
|General Fund||69,091|
|Designated|||
|COIF Investment||24,332|
|Pension Reserve||(973,000)|
|Pension Liability|Reserve|80,000|
|Contingency
Reserve||60,000|
|||(808,668)|
|Total unrestricted|funds|(739,577)|
|Restricted funds|||
|Restricted Funds|(see below)|86,250|
|Total funds||(653,327)|
##
##
|Notes to the|Fin|ancial Stateme|nts
for the|Year Ended 3|1March 202|1||
|---|---|---|---|---|---|---|---|
|||||||Balance|at|
|||Balance atI|Incoming|Resources||31March||
|||April 2020|resources|expended|Transfers|2021||
|Unrestricted
funds||||||||
|Restricted funds||||||||
|Advice Service (Earley||||||||
|Charity)||9,972|40,102|(40,171)||9,903||
|Berkshire West CCG||||||||
|Partnership||70|||||70|
|Social Prescribing||||||||
|(Berkshire West CCG)||15,496|36,858|(46,862)||5,492||
|Interns|||2,520|(2,593)|73|||
|Ready Friends (Earley||||||||
|Charity)||6,246|10,321|(9,612)||6,955||
|Supporting
Participation|and|||||||
|Engagement
(RBC)||35,788|50,000|(57,974)||27,814||
|Organisational
Development||||||||
|EUIC)|||73,000|(76,576)|13,041|9,465||
|Brighter Futures for||||||||
|Children (School Project)||13,041|24,684|(15,916)|(7,171)|14,638||
|Stronger Together||8,767|(3,438)|(5,885)|556|||
|Youth Development||5,870|||(5,870)|||
|Community
Hub (RBC)||1,918|||(1,918)|||
|Corona Response|||36,238|(39,276)|3,038|||
|Parent Employment||||||||
|Wellbeing|||9,555|(12,869)|3,314|||
|NLCF Corona Recovery|||77,081|(77,081)||||
|PCN Link Workers|||42,425|(40,920)||1,505||
|Vaccine Support|||25,000|(26,069)|1,069|||
|Census Support|||3,326|(2,918)||408||
|Wild Being|||10,000|||10,000||
|CCG Mental Health|||20,000|(20,000)||||
|Total restricted
funds||97,168|457,672|(474,722)|6,132|86,250||
##
##
||||Balance at||||Other|Balance at|
|---|---|---|---|---|---|---|---|---|
||||1April|Incoming|Resources||recognised|31March|
||||2019|resources|expended|Transfers|gains/(losses)|2020|
|Unrestricted|funds||||||||
|General|||97,327|50,032|(87,533)|(378)||59,448|
|Designated|||(680,514)||(22,000)|(671)|147,344|(555,841)|
|Total unrestricted||funds|(583,187)|50,032|(109,533)|(1,049)|147,344|(496,393)|
|Restricted funds|||117,731|370,818|(392,430)|1,049||97,168|
|Total funds|||(465,456)|420,850|(501,963)||147,344|(399,225)|
||||||Total funds at|
|---|---|---|---|---|---|
|||Unrestricted|funds|Restricted|31March|
|||General|Designated|funds|2021|
|Fixed asset investments|||24,332||24,332|
|Current|assets|237,164||105,140|342,304|
|Current|liabilities|(28,073)||(18,890)|(46,963)|
|Pension|scheme liability||(973,000)||(973,000)|
|Total net assets||209,091|(948,668)|86,250|(653,327)|
||||||Total funds at|
|||Unrestricted|funds|Restricted|31March|
|||General|Designated|funds|2020|
|Fixed asset investments|||20,159||20,159|
|Current|assets|65,204|140,000|120,210|325,414|
|Current|liabilities|(5,755)||(23,043)|(28,798)|
|Pension|scheme liability||(716,000)||(716,000)|
|Total net assets||59,449|(555,841)|97,167|(399,225)|
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