##
##
||Page|
|---|---|
|Reference and administrative
details||
|Report ofthe Trustees||
|Independent
Examiner's
Report||
|Statement
ofFinancial Activities||
|Balance Sheet||
|Notes to the Financial Statements|10-1|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||Unrestricted|Restricted|Total|Unrestricted|Unrestricted|Restricted|Restricted|Total|
|---|---|---|---|---|---|---|---|---|---|---|
|||Notes|2020|2020|2020|2019||2019||2019|
||||6|6|||6||||
|Income:|||||||||||
|Donations
and legacies|||25,494|27|26,521|129,725||1,200||130,925|
|Charitable
activities:|||||||||||
|Day services
Wellbeing
support|||53.573
26,379||53,673
28,379|59,554
18,803||||59,554
18,803|
|Other trading activities|||523||623|9,780||||9,780|
|Investment
income|||3,986||3,966|4,209||||4,209|
|Total income|||109,935|27|109962|222,071||1,200||223,271|
|Expenditure:|||||||||||
|Raising funds:|||||||||||
|Fundraising
and publicity||7|15,483||15,483|16,739||2,209||18,948|
|Charitable
activities:|||||||||||
|Day services
Wellbeing
support||8
8|123,394
22,731|8,712
-|132,106
22,731|132,331
29,653||10,888
-||143,217
29,653|
|Total expenditure|||161608|8,712|170320|178723||13,095||191818|
|Net income/(expenditure)|before||||||||||
|gains and losses on investments|||(51,673)|(8,685)|(60,358)|43,348||(11,895)||31,453|
|Net (losses)/gains
on investments|||1,264||1,264|12,043||||12,043|
|Net income/(expenditure)|for||||||||||
|the year||10|(50,409)|(8,885)|(59,094)|55,391||(11,895)||43,496|
|Transfers
between
funds||20|||||||||
|Net movement
in funds|||50,409|8,685|69094|55,391||11,895||43,496|
|Reconcilation
offunds:|||||||||||
|Total funds at 1 January 2020|||511,417|301,527|812,944|456,026||313,422||769,448|
|Total funds at 31December 2020|||461,008|292,842|763860|511,417|301,527||812,944||
|BRAINS MATTER CHARITY
BALANCE SHEET
AS AT31DECEMBER 2020||||
|---|---|---|---|
||Notes|2020|2018|
|||8|8|
|Fixed assets||||
|Tangible assets
Investments|15
16|642,259
126,614|558,541
125,955|
|||666,873|682,498|
|Current assets||||
|Debtors
Cash at bank and in hand|17|7,737
8~ 888|9,055
127,886|
|Creditors||91,526|136,941|
|Amounts
failing due within one year|18|{6,549)|{6,493)|
|Net current assets||84,977|130,448|
|Net assets||763,860|812,944|
|Funds||||
|Unrestricted
funds:||||
|General fund
Designated
funds|19
19|81,874
379,334|128,310
385,107|
||19|461,008|511,417|
|Restricted
funds|19|282,842|301,527|
|Totalfunds||858858,
812,844||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|Income f|rom donatio|ns
and|legacies|||
|---|---|---|---|---|---|
|||||2020f|2019
6|
|Friends subscriptions
Covid-1 9 Government||support|grant|505
10,000|1,028|
|Covid-19|job retention|scheme||2,143||
|Donations|for general|purposes||12,846|18,249|
|Donations
Legacies|for speci6c|purposes||27|1,200
110,450|
##
##
|Y|EAR ENDED 31DECE|MBER|MBER|2020||||||
|---|---|---|---|---|---|---|---|---|---|
|5|Income from other|trading||activities||||||
|||||||||2020f|2019f|
||Fundraising
events|||||||243|6,585|
||Room and csr park hire|||||||230|3,139|
||Other trading income|||||||50|~mf|
|6|Invesbnent
income|||||||||
|||||||||2020f|2019f|
||Income fmm quoted|investments||||||3,351|3,659|
||Bank interest|||||||616
5%a|550
~mf|
||A detailed
breakdown|of|income from quoted||investments
is shown||in Note 20.|||
|7|Fundraising
and publicity|||expenditure||||||
|||||||||2020|2019|
||Direct costs offundraising||events|||||245|5,451|
||Investment
management||fees|||||605|632|
||Salaries|||||||13,769|11,519|
||Website maintenance|||||||864|1,076|
||Other marketing
and publicity||||||||270|
||||||||||AY44|
|8|Charitable
activity expenditure|||||||||
||||||Dsy|Wellbeing||2020|2019|
||||||servicesf||support
f.|Totalf|Totalf|
||Salaries||||79,244||21,376|100,622|111,316|
||Other personnel costs||||3,214||91B|4,130|7,556|
||Premises||||6,459|||6,459|9,613|
||Insurance||||3,973|||3,973|3,444|
||015ce||||16,201||77|16,278|13,470|
||Legal 5 professional||||500|||500|511|
||Depreciation||||15,861|||15,861|18,421|
||Direct expenditure
on beneficiaries||||2,084||360|2,444|4,079|
||Supporicosts||||1,810|||1,810|1,720|
||Governance
costs||||2,760
~f758|||2,760
TQli27|4,740
~rVr5|
##
##
|Y|EAR ENDED 3|1DECEMBER 2020|1DECEMBER 2020|||||||
|---|---|---|---|---|---|---|---|---|---|
|9|Analysis of|support costs||||||||
|||||||Basis of|General|Governance|2020|
|||||apportionment|||supportf|functionf|Totalf|
||Independent
Accountancy|examination
services|fee|Governance
Allocated
by invoice|||1,810
TlH(f|1,860
900
~0|1,850
2,710
~xr|
|10|Net incomel(expenditure)||for the|year||||||
||This is stated|after charging:||||||2020f|2019f|
||Deprecia5on
Operating
leases - equipment|||||||15,861
4,281|16,421
3,027|
||Independent|exsminalon|fee|||||1 888|2848|
|11|Analysis ofstaff costs,||trustee remuneration||and expenses,|||||
||and the cost of key management|||personnel||||||
|||||||||2020f|2019f|
||Wages and salaries|||||||104,430|110,219|
||Social security|costs||||||2,969|5,0'I 5|
||Pension costs|||||||5,228|5,072|
||Agency staff|||||||1,764|1,529|
|||||||||114381|122 838|
##
|(2019: nil full
follows:|5me snd sev|en
part time employees).
The numb|er
of full time equivalent
employ|ees
was as|
|---|---|---|---|---|
||||2020|2019|
||||No.|No.|
|Day services|||||
|Wellbeing
support|||||
|Management,|administration|and fundraising|||
##
##
##
|Tangible fixed assets||||
|---|---|---|---|
||Freehold|||
||Land &|||
|Cost orvaluation|Buildingsf|Equipment
6|Total
6|
|At 1 January 2020
Additions
Dispossls|768,813|35,711
1,579|804,524
1,579|
|At 31December 2020|168513|37,280|333133|
|Depr3sciation||||
|At 1 January 2020
Chatge for year
Released on disposal|214,647
14,872|33,336
969|247,983
15,861|
|At 31December 2020|228,518|34,325|283844|
|Net BookValue||||
|At 31December 2020|539,294|2,965|542,253|
|At 31 December 2019|554,166|2,375|658541|
##
|Investments||||
|---|---|---|---|
|||2020|2019|
|||2|5|
|Listed investments
at valuation||||
|At 1 January 2020
Additions
Disposals at opening
book
Net unrealised
investment|value
gains|123,852
1,264|114,139
9,000
(10,693)
11,506|
|Other investments||126,216|123,952|
|Balance held on deposit||1,39$|2,003|
|At 31 December 2020||123.314|125,955|
##
##
|Debtors||||
|---|---|---|---|
|||2020|2018|
|Amounts
falling due|within one year:|||
|Trade debtors
Other debtors||6,611
41|7,878
39|
|Prepayments||3 333|1,138|
|||7737|9,055|
|Creditors:
Amounts|falling due within one year|||
|||2020|2019|
|||E|8|
|Trade creditors||659|629|
|Social security and other taxes
Other creditors||2,061
979|1,949
835|
|Accruals||2,960|OOOO|
|||6549|6,493|
##
##
##
|Movement|s|in fu|nds|||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||Investment|||
||||||||||Gains/|||
|||||||As at|Incoming|Resources|Losses|8|As at|
|||||||01.01.20|Resources|Expended|Trallsfers||31.12.20|
||||||||5|6||6|6|
|Unrestricted||Funds||||||||||
|General fund||||||126,310|109,935|(155,176)|605||81,674|
|Designated
Designated|investment
fund
new property
fund|||||125,955
259,152
511,417|109,935|~0,432
~767,600|559
1,264||126,614
252,720
401 D00|
|Restricted|Funds|||||||||||
|New premises||fund||||295,014||(8,440)|||286,574|
|Equipment
Cash funds|funds|||||1,001
5,512
301,527|27
27|(249)
~23
~0.772|||762
5516
202 042|
|Total Funds||||||012044|100062|~770 320|1 264||103M0,|
|Analysis ofGains,|||Losses &|||Transfers||||||
||||||||Designated|Designated|Restricted|||
|||||||Unrestricted|Investment|Property|Property|||
|||||||Funds
6|Fund
8|Fund
9|Fund f||Total
6|
|Investment|capital|||||605|(605)|||||
|||||||605|(605)|||||
|Gain on investment|||assets||||1,264||||1,264|
|||||||605|659||||1 204|
##
##
##
|Designated
investment|Fund||||||
|---|---|---|---|---|---|---|
|||||Original|Market|Income|
|||||Cost|Value|for Year|
|||||5|5|6|
|UK fixed interest stocks|||||||
|Henderson
Global Investors||Strategic Bond||5,050|5,502|169|
|Artemis
Fund Managers||Corporate
Bond||9,000|10,052|187|
|Jupiter Unit Trust Managers||Strategic Bond||4,953|4,979|155|
|Overseas
index- linked|||||||
|CG Portfolio Real Return||Class A Shares||7,351|12,942|210|
|Alternative
investments|||||||
|Third Point Offshore
Inv.
3I Infrastructure||NPV USD
Ord NPV (Post Cons)||4,101
4,008|6,432
4,983|149|
|Link Fund Solutions||Capita Trojan X|Dis|3,983|4,673|22|
|Artemis
Fund Managers
Fil Inv Svcs||Global Income Units
Global Dividend
W||6,852
9,838|9,068
14,220|292
447|
|UK investment 6 unit trusts|||||||
|Hendsmon
High Inc. Trust||Ordinary
5p||4,346|5,909|398|
|Link Fund Solutions||Milton UK Multi Cap Inc||7,991|8,623|312|
|Majedie Asset Management||UK Income X||5,857|4,669|173|
|T Bailey Fund Services||TBEvenlode
Income C||7,922|9,175|277|
|Investec Fund Manager Series||Series
I UK Alpha|J|4,923|6,521|102|
|Overseas equities|||||||
|Aviva Investors
UK Svcs Ltd||US Equity Income||4,918|6,243|174|
|Blackrock Fund Managers||Conti Europe Inc|D Units|2,988|3,606|91|
|Pacific Assets Trust||Ordinary
12.5p||4,912|7,211|68|
|Scroder Unit Trusts||Asian Income Z Inc||2,998|3,518|123|
|Total quoted investments||||101,981|125,216|3,350|
|Balance held on deposit||||1,398|1,398||
|Total value of investment|fund|||103,379|126,614|3351|
##
##
||||||Tangible||Net||
|---|---|---|---|---|---|---|---|---|
||||||Fixed||Current||
||||||Assets|Investments|Assets|Total|
|||||||6|8||
|Unrestricted||Funds|||||||
|General fund|||||2,213||79,461|81,674|
|Designated|investment||fund|||126,614||126,614|
|Designated|new property|||fund|252,720|||202 120|
||||||254,933|126,614|19,401|401 008|
|Restricted|Funds||||||||
|New premises||fund|||286,574|||286,574|
|Equipment|funds||||752|||752|
|Cash funds|||||||5,518|6018|
||||||287,326||5,516|202 042|
||||||542,250|126,614|84,977|152050|
##
|||2020|2019|
|---|---|---|---|
|Equipment|lease expiring:|2|8|
|Between two and five years||4,281|4,281|
##
##