##
|||||Page||
|---|---|---|---|---|---|
|Reference|and Administrative
Details|||||
|Report ofthe Trustees|||2|to|7|
|Independent|Examiner's|Report||||
|Statement|of Financial|Activities||||
|Statement|of Financial|Position|10|to|11|
|Notes to the Financial Statements|||12|to|17|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||||||31.5.21|31.5.20|
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|Total|
||||||funds|funds|funds|funds|
|||||Notes|||C|P.|
|INCOME|AND ENDOWMENTS||FROM||||||
|Donations|and legacies|||2|396,554||396,554|173,808|
|Investment|income|||3|428||428|493|
|Total|||||396,982||396,982|174,301|
|EXPENDITURE ON|||||||||
|Charitable|activities||||||||
|Charitable|||||119,123||119,123|166,094|
|NET INCOME|||||277,859||277,859|8,207|
|RECONCILIATION||OF FUNDS|||||||
|Total funds brought||forward|||223,349||223,349|2I5,142|
|TOTAL FUNDS CARRIED FORWARD|||||501,208||501,208|223,349|
||STATEMENT OF FINANCIAL|POSITION|||
|---|---|---|---|---|
||31 MAY 2021||||
||||31.5.21|31.5.20|
||Notes||||
|FIXEDASSETS|||||
|Tangible assets|||15,000|5,830|
|CURRENT ASSETS|||||
|Debtors|10||10,779|1,674|
|Cash at bank|||524,582|258,413|
||||535,361|260,087|
|CREDITORS|||||
|Amounts
falling due within one year|||(4,153)|(2,568)|
|NET CURRENT ASSETS|||531,208|257,519|
|TOTAL ASSETSLESSCURRENT|||||
|LIABILITIES|||546,208|263,349|
|PROVISIONS FOR LIABILITIES|12||(45,000)|(40,000)|
|NETASSETS|||501,208|223,349|
|FUNDS|14||||
|Unrestricted
funds:|||||
|General
fund|||501,208|223,349|
|TOTAL FUNDS|||501,208|223,349|
##
##
##
##
||NOTES TOTHE FINANCIAL STATEMENTS - c
FORTHE YEAR ENDED 31 MAY 2021|NOTES TOTHE FINANCIAL STATEMENTS - c
FORTHE YEAR ENDED 31 MAY 2021|ontinued||
|---|---|---|---|---|
|2.|DONATIONS
AND LEGACIES||||
||||31.5.21|31.5.20|
||Donations
and Gift Aid||131,554|173,808|
||Legacies||265,000||
||||396,554|173,808|
|3.|INVESTMENT INCOME||||
||||31.5.21|31.5.20|
||Deposit account interest||428|493|
|4.|CHARITABLE ACTIVITIES COSTS||||
||See details below.||||
|5.|DIRECT COSTS OF CHARITABLE ACTIVITIES||||
||||31.5.21|31.5.20|
||||C|E|
||Staff costs||50,419|43,500|
||Grosvenor Street rent||6,000|6,000|
||Grosvenor Street running|costs|5,740|4,622|
||Insurance||1,016|847|
||Food and guest expenses||28,900|19,402|
||Christmas costs||300|3,454|
||Office costs and publicity||6,792|2,314|
||Repairs and building
works||6,730|41,291|
||Motor expenses||6,752|3,326|
||Dilapidations
provision||5,000|40,000|
||Accountancy||1,474|1,338|
||||119,123|166,094|
|6.|NET INCOME/(EXPENDITURE)||||
||Net income/(expenditure)|is stated after charging/(crediting):|||
||||31.5.21|31.5.20|
||Depreciation
—owned assets||3,583|1,716|
||Other operating
leases||6,000|6,000|
##
##
##
##
##
|STAFF COSTS|||||||
|---|---|---|---|---|---|---|
||||||31.5.21|31.5.20|
|||||||P|
|Wages and salaries|||||50,419|43,600|
||||||60,419|43,500|
|The average
monthly|number|of employees||during the year was as follows:|||
||||||31.5.21|31.5.20|
|Administration
staff|||||3|3|
|No employees
received emoluments|||in excess ofE60,000.||||
|TANGIBLE FIXEDASSETS|||||||
|||||||Motor|
|||||||vehicle|
|COST|||||||
|At 1 June 2020||||||6,996|
|Addition||||||18,0QQ|
|Disposal||||||(6,996)|
|At 31 May 2021||||||18,QQQ|
|DEPRECIATION|||||||
|At 1 June 2020||||||1,166|
|Charge for year||||||3,583|
|Eliminated
on disposal||||||(1,749)|
|At 31 May 2021||||||3,000|
|NET BOOK VALUE|||||||
|At 31 May 2021||||||15,000|
|At 31 May 2020||||||5,830|
##
||31.5.21|31.5.20|
|---|---|---|
|Accrued income|9,730|1,024|
|Prepay ments|1,049|650|
||10,779|1,674|
|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR|||
||31.5.21|31.5.20|
|||E|
|Trade creditors|1,385|738|
|Social security and other taxes|1,086|482|
|Other creditors|200|110|
|Accrued expenses|1,482|1,238|
||4,153|2,568|
|PROVISIONS FOR LIABILITIES|||
||31.5.21|31.5.20|
|Provision for dilapidations|45,000|40,000|
##
##
##
##
|MOVEMENT|IN FUNDS|||||
|---|---|---|---|---|---|
|||||Net||
|||||movement|At|
||||At 1.6.20|in funds|31.5.21|
|Unrestricted|funds|||||
|General fund|||223,349|27?,859|501,208|
|TOTAL FUNDS|||223,349|277,859|501,208|
|Net movement|in funds, included|in the above are as follows:||||
||||Incoming|Resources|Movement|
||||resources|expended|in funds|
|Unrestricted|funds|||||
|General fund|||396,982|(119,123)|277,859|
|TOTAL FUNDS|||396,982|(119,123)|277,859|
##
##
|||||||Net|Transfers||
|---|---|---|---|---|---|---|---|---|
|||||||movement|between|At|
||||||At 1.6.19|in funds|funds|31.5.20|
|||||||C|||
|Unrestricted||funds|||||||
|General|fund||||105,099|42,403|75,847|223,349|
|Property|and|Development||Fund|75,847||(75,847)||
||||||180,946|42,403||223,349|
|Restricted funds|||||||||
|The Pret Foundation|||Trust||3,208|(3,208)|||
|Charles|Irving|Trust|||30,988|(30,988)|||
||||||34,196|(34,196)|||
|TOTAL|FUNDS||||215,142|8,207||223,349|
|Comparative|net mo|vement
in funds,
included|in the above are as follows:|||
|---|---|---|---|---|---|
||||Incoming|Resources|Movement|
||||resources|expended|in funds|
|Unrestricted|funds|||||
|General fund|||174,301|(131,898)|42,403|
|Restricted funds||||||
|The Pret Foundation||Trust||(3,208)|(3,208)|
|Charles
Irving|Trust|||(30,988)|(30,988)|
|||||(34,196)|(34,196)|
|TOTAL FUNDS|||174,301|(166,094)|8,207|
##
##
##