2021-12-31-accounts - Hertfordshire Young Mariners' Base

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Trustees	G Hughes
	R Hodgson
	G Nicholson
	D Rudland
	R Fenton
	L Russell
	C Hewitt
	D Hewitt
Officers
Chair	R Hodgson
Honorary Treasurer	G Hughes
Honorary Secretary	R Hodgson
Charity number	1055435
Company number	03192077
Principal address	231 Windmill 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
	SG141BU

HERTFORDSHIRE YOUNG MARINERS. BASE LEGAL AND ADMINISTRATIVE INFORMATION Bankors l¢ontlnuedl Scottish Wdows PO Box 12757 67 Merrison Street Edinburgh EH3 8YJ Shawbrook Bank Ltd Lulea House Warley Hill 8uslness Park The Drive Great Warlgy BntwOOd Essex CM13 3BE

Current financial year	Current financial year
			Unrestricted	Restricted	Endowment	Total	Total
			fundsfundsfunds
			2021	2021	2021	2021	2020
		Notes
Income from:
Voluntary income		3	56,701	990	-	57,691	109,538
Operation of Mariners'	Base	4	219,937	10,000	-	229,937	152,057
Investments		5	29			29	387
				-	-
Total income			276,667	10,990	-	287,657	261,982
ExDenditure on:
Operation of Mariners'	Base	6	258,600	6,471	22,558	287,629	320,489
Net movement in funds			18,0674,519(22,558)28(58,507)
Fund balances at 1 January 2021			149,36812,621		592,669	754,658	813,165
Fund balances at 31 December
2021			167,435	17,140	570,111	754,686	754,658

Prior financial year
		Unrestricted	Restricted	EndowmentTotal
		fundsfundsfunds
		2020202020202020
	Notes
Income from:
Voluntary income	3	107,2782,260-109,538
Operation of Mariners'Base	4	143,0559,002-152,057
Investments	5	387--387
Total income		250,720	,262 11	-	261	,982
Expenditure on:
Operation of Mariners' Base		297,931	-	22,558	320	,489
Net movement in funds		(47,211)	,262 11	(22,558)	(58	,507)
Fund balances at 1 January 2020		196,579	,359 1	615,227	813	,165
Fund balances at 31 December 2020		149,368	,621 12	592,669	754	,658

	All income funds
	2021	2020
Gross income	287,657	261,982
Total expenditure from income funds	265,071	297,931
Net income/(expenditure) for the year	22,586	(35,949

		2021		2020
	Notes
Fixed assets
Tangible assets	10		655,773		682,071
Current assets
Stocks	11	33		1,062
Debtors	12	8,886		29,921
Cash at bank and in hand		155,399		120,867
		164,318		151,850
Creditors: amounts falling due within
one year	14	(51,405)		(34,263)
Net current assets			112,913		117,587
Total assets less current liabilities			768,686		799,658
Creditors: amounts falling due after
more than one year	15		(14,000)		(45,000)
Net assets			754,686		754,658
Capital funds
Endowment funds - general	17		570,111		592,669
Income funds
Restricted funds	18		17,140		12,621
Unrestricted funds			167,435		149,368
			754,686		754,658

	Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
	funds	funds		funds	funds
	2021	2021	2021	2020	2020	2020
Donations and gifts	3,771	990	4,761	1,335	2,260	3,595
Core grant support for
Mariners Base	52,930		52,930	105,943		105,943
	56,701	990	57,691	107,278	2,260	109,538
Grants receivable for
core activities
Coronavirus Job
Retention Scheme Grant	28,787	-	28,787	77,943	-	77,943
Covid19 grants-
Borough of Broxbourne	24,143		24,143	28,000		28,000
	52,930	-	52,930	105,943	-	105,943

	Core	Core charitable	Core charitable
	charitable		activities
	activities
	2021		2020
Courses and instruction	210,335		142,134
Performance related grants	10,000		9,002
Solar electricity income	9,602		921
	229,937		152,057
Analysis by fund
Unrestricted funds	219,937		143,055
Restricted funds	10,000		9,002
	229,937		152,057
Performance related grants
Borough of Broxbourne	7,500
The National Lottery Community Fund	-		950
Co-Op Local Community Fund	-		2,402
Hertfordshire County Council Locality Budget Grants	2,500		5,650
	10,000		9,002
Investments
	Unrestricted		Unrestricted
		funds	funds
		2021	2020
Interest receivable		29	387

	2021	2020
Staff costs	200,664	238,731
Depreciation and impairment	26,295	30,132
Premises costs	7,414	8,760
Insurance	13,066	14,702
Repairs and maintenance costs	13,632	4,956
Office costs	4,827	4,517
Computer and website costs	4,269	2,195
Motor and travel expenses	479	402
Promotion and publicity	136	1,461
General costs	2,001	1,553
Legal and professional costs	4,243	4,794
Governance costs	1,600	1,600
Bank charges and other finance costs	1,239	1,153
Irrecoverable VAT	7,100	4,416
Staff training	664	1,117
	287,629	320,489
Analysis by fund
Unrestricted funds	258,600
Restricted funds	6,471
Endowment funds - buildings	22,558
	287,629
For the year ended 31December 2020
Unrestricted funds		297,931
Endowment funds - buildings		22,558
		320,489

	2021	2020
	Number	Number
Charitable activities	17	19
Administration	2	2
Total	19	21
Employment costs	2021	2020
Wages and salaries	181,571	216,473
Social security costs	7,288	10,071
Other pension costs	11,805	12,187
	200,664	238,731

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11Stocks
	2021	2020
Finished goods and goods for resale	33	1,062
12Debtors
	2021	2020
Amounts falling due within one year:
Trade debtors	4,527	1,543
Other debtors		25,000
Prepayments and accrued income	4,359	3,378
	8,886	29,921
13 Loans and overdrafts
	2021	2020
Bank loans	18,000	50,000
Payable within one year	4,000	5,000
Payable after one year	14,000	45,000

		2021	2020
	Notes
Bank loans	13	4,000	5,000
Other taxation and social security		2,140	3,276
Deferred income	16	30,643	-
Trade creditors		875	713
Other creditors		10,351	21,288
Accruals and deferred income		3,396	3,986
		51,405	34,263

			MovementMovement in funds	MovementMovement in funds	MovementMovement in funds	MovementMovement in funds
			in funds
	Balance at		Incoming	Balance at	Incoming	Resources	Balance at
	1 January	2020	resourcesi	January 2021	resources	expended	31 December
							2021
Cheshunt Olympic
Preparation Squad	1	,359	-	1,359	-	-	1,359
The National Lottery
Community Fund		-	950	950	-	(950)	-
Co-Op Local Community
Fund		-	2,402	2,402	-	(2,402)	-
Roof Repair Fund		-	7,910	7,910	990	(990)	7,910
Junior Kit Wish List Fund		-	-	-	8,500	(2,129)	6,371
Memorial Fund		-	-	-	1,500	-	1,500
	1	,359	11,262	12,621	10,990	(6,471)	17,140
Cheshunt Olympic Preparation Squad (COPS) represents funds raised					and expended for COPS.

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