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|Trustees|G Hughes|
|---|---|
||R Hodgson|
||G Nicholson|
||D Rudland|
||R Fenton|
||A Banks|
||L Russell|
||C Hewitt|
|Officers||
|Chair|R Hodgson|
|Honorary Treasurer|G Hughes|
|Honorary Secretary|R Hodgson|
|Charity number|1055435|
|Company number|03192077|
|Principal address|231Windmill Lane|
||Cheshunt|
||Hertfordshire|
||EN8 9AJ|
|Registered office|231 Windmill Lane|
||Cheshunt|
||Hertfordshire|
||EN8 9AJ|
|Independent examiner|Gary Howard FCA|
||Howard Wilson Chartered Accountants|
||36 Crown Rise|
||Watford|
||Hertfordshire|
||WD25 ONE|
|Bankers|CAF Bank|
||25 Kings Hill Avenue|
||West Mailing|
||Kent|
||ME19 4JQ|
||Lloyds Bank Pic|
||1 Bircherley Street|
||Hertford|
||Hertfordshire|
||SG14 1BU|
HERTFORDSHIRE YOUNG MARINERS, BASE
LEGALAND ADMINISTRATIVE INFORMATION
8ank•rs {continu¢dl
Scottish Wdows
PO Box 12757
67 Morrison Street
Edinburgh
EH3 8YJ
Shawbrook Bank Ltd
Lulea Hou$•
Warfey Hill Business Park
The Drive
Great Warley
Brentwood
Essex
CM133BE
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|Current financial year|||||||
|---|---|---|---|---|---|---|
|||Unrestricted|Restricted|Endowment|Total|Total|
|||funds|funds|funds|||
|||2020|2020|2020|2020|2019|
||Notes|C*J|**t**i||W|ui|
|Income from:|||||||
|Voluntary income|3|107,278|2,260|-|109,538|10,058|
|Operation of Mariners' Base|4|143,055|9,002|-|152,057|259,668|
|Investments|5|387|-|-|387|763|
|Total income||250,720|11,262|-|261,982|270,489|
|Expenditure on:|||||||
|Operation of Mariners' Base|6|297,931|-|22,558|320,489|373,208|
|Net movement in funds||(47,211)11,262(22,558)|||(58,507)|(102,719)|
|Fund balances at 1 January 2020||196,5791,359||615,227|813,165|915,884|
|Fund balances at 31 December|||||||
|2020||149,36812,621||592,669|754,658|813,165|
|Prior financial year|||||
|---|---|---|---|---|
||Unrestricted|Restricted|EndowmentTotal||
||fundsfundsfunds||||
||2019|2019|2019|2019|
|Notes|w||||
|Income from:|||||
|Voluntary income3|10,058|||10,058|
|Operation of Mariners' Base4|259,438|230|-|259,668|
|Investments5|763|||763|
|||-|-||
|Total income|270,259|230|-|270,489|
|Expenditure on:|||||
|Operation of Mariners' Base|350,650|-|22,558|373,208|
|Net movement in funds|(80,391)|230|(22,558)|(102,719)|
|Fund balances at 1 January 2019|276,970|1,129|637,785|915,884|
|Fund balances at 31 December 2019|196,579|1,359|615,227|813,165|
##
||All income funds||
|---|---|---|
||2020|2019|
|Gross income|261,982|270,489|
|Total expenditure from income funds|297,931|350,650|
|Net expenditure for the year|(35,949)|(80,161|
##
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|||2020||2019||
|---|---|---|---|---|---|
||Notes|||||
|Fixed assets||||||
|Tangible assets|10||682,071||712,203|
|Current assets||||||
|Stocks|11|1,062||1,062||
|Debtors|12|29,921||17,585||
|Cash at bank and in hand||120,867||133,026||
|||151,850||151,673||
|Creditors: amounts falling due within||||||
|one year|14|(34,263)||(50,711)||
|Net current assets|||117,587||100,962|
|Total assets less current liabilities|||799,658||813,165|
|Creditors: amounts falling due after||||||
|more than one year|15||(45,000)|||
|Net assets|||754,658||813,165|
|Capital funds||||||
|Endowment funds - general|17||592,669||615,227|
|Income funds||||||
|Restricted funds|18||12,621||1,359|
|Unrestricted funds|||149,368||196,579|
||||754,658||813,165|
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||Unrestricted|Restricted|Total|Unrestricted|
|---|---|---|---|---|
||funds|funds||funds|
||2020|2020|2020|2019|
|Donations and gifts|1,335|2,260|3,595|10,058|
|Core grant support for Mariners Base|105,943||105,943||
||107,278|2,260|109,538|10,058|
|Grants receivable for core activities|||||
|Coronavirus Job Retention Scheme Grant|77,943|-|77,943|-|
|Covid19 grants - Borough of Broxbourne|28,000||28,000||
||105,943|-|105,943|-|
|Operation of Mariners' Base||||
|---|---|---|---|
||Core|Core charitable||
||charitable||activities|
||activities|||
||2020||2019|
|Courses and instruction|142,134||252,092|
|Performance related grants|9,002||-|
|Solar electricity income|921||4,827|
|Cops income|-||230|
|Sale of sailing accessories|-||2,519|
||152,057||259,668|
|Analysis by fund||||
|Unrestricted funds|143,055||259,438|
|Restricted funds|9,002||230|
||152,057||259,668|
|Performance related grants||||
|The National Lottery Community Fund|950|||
|Co-Op Local Community Fund|2,402|||
|Hertfordshire County Council Locality Budget Grants|5,650|||
||9,002|||
|Investments||||
||Unrestricted||Unrestricted|
|||funds|funds|
|||2020|2019|
|Interest receivable||387|763|
||2020|2019|
|---|---|---|
|Staff costs|238,731|261,855|
|Depreciation and impairment|30,132|30,122|
|Project costs|-|4,002|
|Premises costs|8,760|3,403|
|Insurance|14,702|17,073|
|Repairs and maintenance costs|4,956|22,471|
|Office costs|4,517|5,021|
|Computer and website costs|2,195|4,243|
|Motor and travel expenses|402|2,274|
|Promotion and publicity|1,461|1,099|
|General costs|1,553|2,470|
|Legal and professional costs|4,794|4,000|
|Governance costs|1,600|1,500|
|Bank charges and other finance costs|1,153|1,370|
|Irrecoverable VAT|4,416|7,938|
|Staff training|1,117|4,367|
||320,489|373,208|
|Analysis by fund|||
|Unrestricted funds|297,931||
|Endowment funds - buildings|22,558||
||320,489||
|For the year ended 31December 2019|||
|Unrestricted funds||350,650|
|Endowment funds - buildings||22,558|
|||373,208|
##
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||2020|2019|
|---|---|---|
||Number|Number|
|Charitable activities|19|18|
|Administration|2|2|
|Total|21|20|
|Employment costs|2020|2019|
|||tit|
|Wages and salaries|216,473|236,344|
|Social security costs|10,071|11,857|
|Other pension costs|12,187|13,654|
||238,731|261,855|
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|11Stocks|||
|---|---|---|
||2020|2019|
|Finished goods and goods for resale|1,062|1,062|
|12Debtors|||
||2020|2019|
|Amounts falling due within one year:|||
|Trade debtors|1,543|13,170|
|Other debtors|25,000||
|Prepayments and accrued income|3,378|4,415|
||29,921|17,585|
|13 Loans and overdrafts|||
||2020|2019|
|Bank loans|50,000|-|
|Payable within one year|5,000|-|
|Payable after one year|45,000||
|||2020|2019|
|---|---|---|---|
||Notes|ta|tit|
|Bank loans|13|5,000||
|Other taxation and social security||3,276|4,063|
|Deferred income|16|-|27,899|
|Trade creditors||713|1,024|
|Other creditors||21,288|14,559|
|Accruals and deferred income||3,986|3,166|
|||34,263|50,711|
##
||||2020|2019|
|---|---|---|---|---|
|||Notes|||
||Bank loans|13|45,000||
|16|Deferred income||||
||||2020|2019|
||Other deferred income|||27,899|
||Balance at|Resources Balance at|Resources Balance at|
|---|---|---|---|
||1 January 2019|expendedi January 2020|expended 31 December|
||||2020|
|Permanent endowments||||
|Sailing centre, climbing wall and caving||||
|complex|637,785|(22,558) 615,227|(22,558) 592,669|
||637,785|(22,558) 615,227|(22,558) 592,669|
##
|||Movement||Movement|||
|---|---|---|---|---|---|---|
|||in funds||in funds|||
||Balance at|Incoming|Balance at|Incoming||Balance at|
||1 January 2019|resourcesi|January 2020|resources|31|December|
|||||||2020|
|Cheshunt Olympic Preparation Squad|1,129|230|1,359|||1,359|
|The National Lottery Community Fund||||950||950|
|Co-Op Local Community Fund||||2,402||2,402|
|Roof Repair Fund||||7,910||7,910|
||1,129|230|1,359|11,262||12,621|
|Cheshunt Olympic Preparation Squad (COPS) represents funds raised and expended for COPS.|||||||
|The National Lottery Community Fund and the Co-op||Local Community Fund are both in respect of new|||||
|equipment which will be acquired as soon as circumstances permit.|||||||
|The Roof Repair Fund comprises crowdfunding for roof repairs and Locality Budget|||||grants from||
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