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2021-03-31-accounts
|
Page |
| Reference and Administrative Details of the Charity, its Trustees and Advisers |
1 |
| Trustee's Report |
2-6 |
| Independent Examiner's Report |
7 |
| Statement of Financial Activities |
8 |
| Balance Sheet |
9 |
| Notes to the Financial Statements |
10-25 |
|
|
Unrestricted |
Restricted |
Endowment |
Total |
Total |
|
|
funds |
funds |
funds |
funds |
funds |
|
|
2021 |
2021 |
2021 |
2021 |
2020 |
|
Note |
£ |
£ |
£ |
£ |
£ |
| Income and |
|
|
|
|
|
|
| endowments from: |
|
|
|
|
|
|
| Donations and legaries |
2 |
26,072 |
1,500 |
250,000 |
277,572 |
- |
| Charitable activities |
3 |
140,605 |
• |
- |
140,605 |
170,620 |
| Investments |
4 |
34,663 |
- |
- |
34,663 |
31,738 |
| Total Income and |
|
|
|
|
|
|
| endowments |
|
201,340 |
1,500 |
250,000 |
452,840 |
202,358 |
| Expenditure on: |
|
|
|
|
|
|
| Charitable activities |
6 |
131,703 |
9,183 |
- |
140,886 |
152,928 |
| Total expenditure |
|
131,703 |
9,183 |
- |
140,886 |
152,928 |
Net movement in
funds |
|
69,637 |
(7,683) |
250,000 |
311,954 |
49,430 |
| Reconciliation of |
|
|
|
|
|
|
| funds: |
|
|
|
|
|
|
| Total funds brought |
|
|
|
|
|
|
| forward |
|
2,676,854 |
65,518 |
• |
2,742,372 |
2.692,942 |
Total funds carried
forward |
|
2,746,491 |
57,835 |
250,000 |
3,054,326 |
2,742,372 |
|
|
|
2021 |
|
2020 |
|
Note |
|
£ |
|
£ |
| Fixed assets |
|
|
|
|
|
| Tangible assets |
11 |
|
390,936 |
|
401,245 |
| Heritage assets |
13 |
|
245,100 |
|
245,100 |
| Investment property |
12 |
|
1,727,500 |
|
1,500,000 |
|
|
|
2,363,536 |
|
2,146,345 |
| Current assets |
|
|
|
|
|
| Debtors |
14 |
15,136 |
|
6,779 |
|
| Investments |
15 |
452 |
|
448 |
|
| Cash at bank and in hand |
|
710,224 |
|
625,957 |
|
|
|
725,812 |
|
633,184 |
|
| Creditors: amounts falling due within one |
|
|
|
|
|
| year |
16 |
(35,022) |
|
(37,157) |
|
| Net current assets |
|
|
690,790 |
|
596,027 |
| Total assets less current liabilities |
|
|
3,054,326 |
|
2,742,372 |
| Total not assets |
|
|
3,054,326 |
|
2,742,372 |
| Charity funds |
|
|
|
|
|
| Endowment funds |
17 |
|
250,000 |
|
- |
| Restricted funds |
17 |
|
57,835 |
|
65,518 |
| Unrestricted funds |
17 |
|
2,746,491 |
|
2,676,854 |
| Total funds |
|
|
3,054,326 |
|
2,742,372 |
|
Unrestricted |
Restricted |
Endowment |
Total |
Total |
|
funds |
funds |
funds |
funds |
funds |
|
2021 |
2021 |
2021 |
2021 |
2020 |
|
£ |
£ |
£ |
£ |
£ |
| Grants |
- |
1,500 |
250.000 |
251,500 |
- |
| Government grants |
26,072 |
- |
- |
26,072 |
- |
|
26,072 |
1.500 |
250,000 |
277,572 |
- |
|
Unrestricted |
Total |
Total |
|
funds |
funds |
funds |
|
2021 |
2021 |
2020 |
|
£ |
£ |
£ |
| Income from charitable activities - Estates |
5,532 |
5,532 |
14,402 |
| Income from charitable activities * Highways |
40,877 |
40,877 |
60,469 |
| Income from charitable activities - Riverside |
94,196 |
94,196 |
95,749 |
|
140,605 |
140,605 |
170,620 |
| Total 2020 |
170,620 |
170,620 |
|
|
Unrestricted |
Total |
Total |
|
funds |
funds |
funds |
|
2021 |
2021 |
2020 |
|
£ |
£ |
£ |
| Investment income - rent from property |
34,144 |
34,144 |
28,358 |
| Investment income - interest receivable |
519 |
519 |
3,380 |
|
34,663 |
34,663 |
31,738 |
| Total 2020 |
31,738 |
31,738 |
|
|
Grants to |
Total |
Total |
|
Individuals |
funds |
funds |
|
2021 |
2021 |
2020 |
|
£ |
£ |
£ |
| Grants and donations |
409 |
409 |
3,993 |
| Total 2020 |
3,993 |
3,993 |
|
|
Unrestricted |
Restricted |
Total |
Total |
|
funds |
funds |
funds |
funds |
|
2021 |
2021 |
2021 |
2020 |
|
£ |
£ |
£ |
£ |
| Estates |
32,821 |
9,183 |
42,004 |
37,243 |
| Highways |
9,153 |
- |
9,153 |
8,809 |
| Riverside |
49,966 |
- |
49,966 |
66,615 |
| Governance costs |
39,354 |
- |
39,354 |
36,268 |
| Grants and donations |
409 |
- |
409 |
3,993 |
|
131,703 |
9,183 |
140,886 |
152,928 |
| Total 2020 |
143,745 |
9,183 |
152,928 |
|
|
|
|
|
Total |
Total |
|
**Staff costs ** |
Depreciation |
Other costs |
funds |
funds |
|
**2021 ** |
2021 |
2021 |
2021 |
2020 |
|
£ |
£ |
£ |
£ |
£ |
| Estates |
2,908 |
13,335 |
25,761 |
42,004 |
37,243 |
| Highways |
5,490 |
|
3.663 |
9,153 |
8,809 |
| Riverside |
16,647 |
3,530 |
29,789 |
49,966 |
66,615 |
| Governance costs |
27,040 |
|
12,314 |
39,354 |
36,268 |
| Grants and donations |
- |
|
409 |
409 |
3,993 |
|
52,085 |
16,865 |
71,936 |
140,886 |
152,928 |
| Total 2020 |
52,687 |
18,873 |
81,368 |
152,928 |
|
|
2021 |
2020 |
|
£ |
£ |
| Bank charges |
124 |
606 |
| Office and computer costs |
2,642 |
2,005 |
| Stationery and postage |
647 |
367 |
| Independent examination fees |
3,373 |
3,580 |
| Sundry expenses |
956 |
1,194 |
| Legal & professional fees |
5.227 |
3,178 |
| Governance expense-wages and salaries |
26,039 |
25,009 |
| Governance expense-pension costs |
346 |
329 |
|
39,354 |
36,268 |
|
2021 |
2020 |
|
£ |
£ |
| Fees payable to the Charity's Independent examiner for the independent |
|
|
| examination of the Charity's annual accounts |
3,500 |
3,400 |
|
2021 |
2020 |
|
£ |
£ |
| Wages and salaries |
51,739 |
52,358 |
| Contribution to defined contribution pension schemes |
346 |
329 |
|
52,085 |
52,687 |
| The average number of persons employed by the Charity during the yearwas as follows: |
|
|
|
2021 |
2020 |
|
No. |
No. |
| Charitable activities |
2 |
2 |
| Management and administation ofthe charity |
1 |
1 |
|
3 |
3 |
|
Freehold |
|
investment |
|
property |
|
£ |
| Valuation |
|
| At 1 April 2020 |
1,500,000 |
| Additions |
227,500 |
| At 31 March 2021 |
1,727,500 |
|
|
|
|
|
|
|
|
Heritage |
|
|
|
|
|
|
|
|
|
asset |
Total |
|
|
|
|
|
|
|
|
2021 |
2021 |
|
|
|
|
|
|
|
|
£ |
£ |
| Market value at |
31 |
March |
2021 |
and |
31 |
March |
2020 |
245,100 |
245,100 |
|
|
|
|
|
|
|
|
245,100 |
245,100 |
|
2021 |
2020 |
|
£ |
£ |
| Due within one year |
|
|
| Trade debtors |
10,502 |
4,165 |
| Otherdebtors |
4,634 |
2,614 |
|
15,136 |
6,779 |
|
2021 |
2020 |
|
£ |
£ |
| Cash on deposit |
452 |
448 |
|
2021 |
2020 |
|
£ |
£ |
| Other taxation and social security |
1,230 |
1,936 |
| Other creditors |
934 |
934 |
| Accruals and deferred income |
32,858 |
34,287 |
|
35,022 |
37,157 |
|
|
|
|
|
Balance at |
|
Balance at 1 |
|
|
Transfers |
31 March |
|
April 2020 |
income |
Expenditure |
in/out |
2021 |
|
£ |
£ |
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
|
|
| Designated funds |
|
|
|
|
|
| Investment property |
1,500,000 |
- |
- |
- |
1,500,000 |
| New Village Reserve |
11,947 |
- |
- |
- |
11,947 |
| Estates Reserve |
83,446 |
- |
- |
- |
83,446 |
| Riverside Reserve |
118,484 |
- |
- |
- |
118,484 |
| Highways Reservo |
25,023 |
- |
- |
- |
25,023 |
| Fixed Assets |
335,727 |
- |
(7,682) |
6,556 |
334,601 |
| Future Housing Reserve |
135,000 |
- |
- |
- |
135,000 |
| Town Hail |
49,583 |
■ |
- |
■ |
49,583 |
|
2,259,210 |
- |
(7,682) |
6,556 |
2,258,084 |
| Generalfunds |
|
|
|
|
|
| General Funds - all funds |
417,644 |
201,340 |
(124,021) |
(6,556) |
488,407 |
| Total Unrestricted funds |
2,676,854 |
201,340 |
(131,703) |
. |
2,746,491 |
| Endowment funds |
|
|
|
|
|
| Endowment Funds - all funds |
- |
250,000 |
- |
- |
250,000 |
| Restricted funds |
|
|
|
|
|
| Restricted Funds - all funds |
65,518 |
1,500 |
(9,183) |
- |
57,835 |
| Total of funds |
2,742,372 |
452,840 |
(140,886) |
|
3,054,326 |
|
|
|
|
|
Balance at |
|
Balance at |
|
|
Transfers |
31 March |
|
1 April 2019 |
Income |
Expenditure |
in/out |
2020 |
|
£ |
£ |
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
|
|
| Designated funds |
|
|
|
|
|
| Investment property |
1,500,000 |
- |
- |
- |
1,500,000 |
| NewVillage Reserve |
11,947 |
- |
- |
- |
11,847 |
| Estates Reserve |
83,446 |
- |
- |
- |
83,446 |
| Riverside Reserve |
118,484 |
- |
- |
- |
118,484 |
| Highways Reserve |
25,023 |
- |
- |
- |
25,023 |
| Fixed Assets |
342,778 |
- |
(9,690) |
2,639 |
335,727 |
| Future Housing Reserve |
135,000 |
- |
- |
- |
135,000 |
| Town Hall |
49,583 |
- |
- |
- |
49,583 |
|
2,266,261 |
- |
(9,690) |
2,639 |
2,259,210 |
| General funds |
|
|
|
|
|
| General Funds - all funds |
351,980 |
202,358 |
(134,055) |
(2,639) |
417,644 |
| Total Unrestricted funds |
2,618,241 |
202,358 |
(143,745) |
|
2,676,854 |
| Restricted funds |
|
|
|
|
|
| Restricted Funds - all funds |
74,701 |
- |
(9,183) |
. |
65,518 |
| Total of funds |
2,692,942 |
202,358 |
(152,928) |
. |
2,742,372 |
|
|
|
|
|
Balance at |
|
Balance at 1 |
|
|
Transfers |
31 March |
|
April 2020 |
Income |
Expenditure |
in/out |
2021 |
|
£ |
£ |
£ |
£ |
£ |
| Designated funds |
2,259,210 |
- |
(7,682) |
6,556 |
2,258,084 |
| General funds |
417,644 |
201,340 |
(124,021) |
(6,556) |
488,407 |
| Endowmentfunds |
- |
250,000 |
- |
- |
250,000 |
| Restricted funds |
65,518 |
1,500 |
(9,183) |
- |
57,835 |
|
2,742,372 |
452,840 |
(140,886) |
- |
3,054,326 |
|
|
|
|
|
Balance at |
|
Balance at |
|
|
Transfers |
31 March |
|
1 April 2019 |
Income |
Expenditure |
in/out |
2020 |
|
£ |
£ |
£ |
£ |
£ |
| Designated funds |
2,266,261 |
- |
(9,690) |
2,639 |
2,259,210 |
| Genera! funds |
351,980 |
202,358 |
(134,055) |
(2,639) |
417,644 |
| Restricted funds |
74,701 |
- |
(9,183) |
- |
65,518 |
|
2,692,942 |
202,358 |
(152,928) |
|
2,742,372 |
|
**Unrestricted ** |
Restricted |
Endowment |
Total |
|
funds |
funds |
funds |
funds |
|
**2021 ** |
2021 |
2021 |
2021 |
|
£ |
£ |
£ |
£ |
| Tangible fixed assets |
334,601 |
56,335 |
- |
390,936 |
| Fixed asset investments |
(251,500) |
1,500 |
250,000 |
- |
| Investment property |
1,727,500 |
|
- |
1,727,500 |
| Heritage assets |
245,100 |
|
- |
245,100 |
| Current assets |
725,812 |
|
- |
725,812 |
| Creditors due within one year |
(35,022) |
|
- |
(35,022) |
| Total |
2,746,491 |
57,835 |
250,000 |
3,054,326 |
|
Unrestricted |
Restricted |
Total |
|
funds |
funds |
funds |
|
2020 |
2020 |
2020 |
|
£ |
£ |
£ |
| Tangible fixed assets |
335,727 |
65,518 |
401,245 |
| Investment property |
1,500,000 |
- |
1,500,000 |
| Heritage assets |
245,100 |
- |
245,100 |
| Current assets |
633.184 |
- |
633,184 |
| Creditors due within one year |
(37,157) |
- |
(37,157) |
| Tl |
2,676,854 |
65,518 |
2,742,372 |
|
2021 |
2020 |
|
£ |
£ |
| Amounts due from Orford Sailing Club |
2,130 |
2,130 |
|
2,130 |
2,130 |