THE ERASMUS DARWIN FQiJNDATION COUNCIL OF mANAGEmE's REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 ocfoBER 2020 Company number: 3270753 Chari umber 1063528 Pftge I
| Page | ||
|---|---|---|
| Council of Management's | report | 3-8 |
| Statement offinancial activities | 10 | |
| Balance Sheet | 11 - 12 | |
| Statement ofCash Flow | 13 | |
| Notes to the accounts | 14—24 |
| Secretary | D W Anderton | ||
|---|---|---|---|
| Charity number | 1063528 | ||
| Company | number | 3270753 | |
| Principal | address | ||
| and registered office | Erasmus Darwin House | ||
| Beacon Street | |||
| Lichfield | |||
| Staffordshire | WS13 7AD | ||
| Accountants | Mortimer, BeckI?.Brookes | ||
| 8Bore Street | |||
| Lichfield | |||
| Staffordshire | WS136LL | ||
| Nat West PLC | |||
| Market Street | |||
| Lichfield | |||
| Staffbrdshire | |||
| Solicitors | Ansons LLP | ||
| StMarys Chambers | |||
| 5Breadmarket | Street | ||
| Lichfield | |||
| Staffordshire | WS136LQ |
| EXPENDITURE ACCOU Fortheyearended31 October |
NT) 2020 |
|||||
|---|---|---|---|---|---|---|
| 2020 | 2020 | 2020 | 2019 | |||
| Notes | ||||||
| Unrestricted | Restricted | Total | Total | |||
| funds | funds | funds | funds | |||
| Itt900Le Donations and grants Charitable activities Investment income |
2 3 4 |
112~9 8,799 31 |
(note 15) 6,000 |
118~9 8,799 31 |
78,471 36,896 413 |
|
| Total incoming resources | 121,089 | 6,000 | 127,089 | 115,780 | ||
| Egggnddiiuig | ||||||
| Costs ofgenerating voluntary mcome |
10,137 | 10,137 | 11,809 | |||
| Direct charitable expenditure |
9,035 | 6,677 | 15,712 | 23,777 | ||
| Fundraising costs |
308 | 308 | ||||
| -Management dt administration |
57,779 | 4,157 | 61,936 | 84,448 . | ||
| Total resources expended | 77~9 | 10,834 | 88,093 | 120391 | ||
| Net movement in funds |
5 | 43,830 | (4,834) | 38,996 | (4,511) | |
| Reconciliation offunds: | ||||||
| Total funds brought forward | 34,694 | 25,891 | 60,585 | 65,096 | ||
| Total ftmds carried forward | 78,524 | 21,057 | 99,581 | 60,585 |
| BALANCE SHEE | TASAT31 OCT | OBER 202 | 0 | |||
|---|---|---|---|---|---|---|
| Notes | 2020 | 2019f | ||||
| Fixed assets | ||||||
| Tangible assets | 10 | 9,186 | 15,109 | |||
| Current assets | ||||||
| Stocks | 3,500 | 3,500 | ||||
| Debtors | 11 | 7,494 | 9,356 | |||
| Cash at bank and m | hand | 86,487 | 36,678 | |||
| 97,481 | 49,534 | |||||
| Creditors: amounts | falling due within | |||||
| one year | 12 | (7,086) | (4,058) | |||
| Net currutt assets | 90,395 | 45,476 | ||||
| Net assets | 99,581 | 60,585 | ||||
| 78,524 | 34,694 | |||||
| 21,057 | 25,891 | |||||
| 99,581 | 60,585 |
| STA~ OF CASH | FLOW | ||||
|---|---|---|---|---|---|
| Year ended 31October 2020 | |||||
| Notes | 2020 | 2019 | |||
| Cash in/out flow flom operating activities |
13 | 49,778 | 179 | ||
| Net cash flow flom operating activities |
49,778 | 179 | |||
| Cash flow flom investing | activities | ||||
| Interest received | 31 | 413 | |||
| Net cash flow flom investing activities |
31 | 413 | |||
| Net increase | |||||
| in cash and cash equivalents | 49,&09 | 592 | |||
| Cash and cash equivalents | brought | forward | 36,678 | 36,086 | |
| Cash and cash equivalents | carried | forward | 86,487 | 36,678 | |
| Cash and cash equivalents | consist | ofl | |||
| Cash at bank and in hand | 86,487 | 36,678 | |||
| Cash and cash equivalents | at31October 2020 | 86,487 | 36,678 |
| 2020 | 2020 | 2020 | 2019 | |||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | |||||
| Funds | Funds | Total | Total | |||
| 2 Income from |
Donations | and legacies | ||||
| Grants | 36,848 | 6,000 | 42,848 | 5,216 | ||
| Emergency grants Local Autborides |
28/83 2,000 |
28,583 2,000 |
35/81 | |||
| Donations | 44,828 | 44,828 | 37,974 | |||
| 112~9 | 6,000 | 118459 | 78,471 | |||
| 3 Income from Charitable |
Activities | |||||
| Admissions Books guides and Contract lettings "Other mcoine |
souvenirs | 3,009 2/56 970 |
3009 ~56 970 |
4,688 7388 10,962 1343 |
||
| Events and catering | 2,564 | 2,564 | 12,715 | |||
| 8,799 | 8,799 | 36,896 | ||||
| 4 Investment |
income | |||||
| Interest receivable | 31 | 31 | 413 | |||
| 5 Net movement |
in funds | |||||
| This is stated after | charging. | |||||
| Depreciation | 442 | 5,481 | 5,923 | 7,178 |
| 6 Total resources expended |
2020 | 2019 | ||
|---|---|---|---|---|
| Unrestricted | Restricted | |||
| Fundsf | funds | Total | Total | |
| Costs ofGenerating | ||||
| Voluntary Income Salaries |
10,137 | 10,137 | 11,809 | |
| 10,137 | 10,137 | 11,809 | ||
| Direct Charitable | ||||
| Expenditure Direct costs ofsale Repairs and maintenance Cleaning Depreciation |
3,806 4,460 327 442 |
682 514 5,481 |
4,488 4,974 327 5,923 |
10,994 4,901 704 7,178 |
| 9,035 | 6,677 | 15,712 | 23,777 | |
| Fundraising costs Advertising |
308 | 308 | 257 |
| 6 Total resources expended |
||||
|---|---|---|---|---|
| 2020 | 2019 | |||
| Unrestricted | Restricted | |||
| Funds | funds | Total | Total | |
| Management and Adm'nistration Salaries |
20373 | 20473 | 24,617 | |
| Pension | 375 | 375 | 391 | |
| Training Project Management Rent Heat, light and water Postage Stationery and IT Telephone 13ank charges Suhscriptions Insurance |
60 21,629 5~1 1,935 2,027 339 302 5,588 |
3,575 582 |
60 3,575 21,629 5351 2,517 2,027 339 302 5,588 |
20,744 21,482 7399 2,745 1,571 128 90 5/81 |
| 57,779 | 4,157 | 61@36 |
| 8 Staffcosts and n |
8 Staffcosts and n |
umbers | |||
|---|---|---|---|---|---|
| Number ofemployees | |||||
| The average monthly | number ofemployees | during the period was: | |||
| 2020 | 2019 | ||||
| Number | Number | ||||
| Management | |||||
| Admhistration | and support |
| 9 Analysis ofnet assets betweea funds |
|||
|---|---|---|---|
| General | Restrictedf | Total | |
| Tangible fixed assets | 706 | 8,480 | 9,186 |
| Current assets | 84,904 | 12,577 | 97,481 |
| Current liabilities | (7,086) | (7,086) | |
| Net assets at 31October 2020 | 78,524 | 21,057 | 99,581 |
| NOTES FORMING PART OFTHE FINANC | IAL STATEMENTS. | |
|---|---|---|
| 10 Tangible fhed assets | ||
| Fixtures, | ||
| fittings dt | ||
| equipment | ||
| 2020 | ||
| Cost | ||
| At 1November 2019 | 224,761 | |
| At31October 2020 | 224,761 | |
| Depreciation | ||
| At 1November 2019 | 209,652 | |
| Charge for the period | 5,923 | |
| At 31October 2020 | 215,575 | |
| Net book value | ||
| .At31October 2020 | 9,186 | |
| At31 October2019 | 15,109 | |
| 11 Debtors | ||
| 2020 | 2019f | |
| Trade debtors | 2,954 | 5,304 |
| Other debtors | 4,540 | 4,052 |
| 7,494 | 9,356 |
| NOTES FORMING | PART OFTHE | FINANCIAL STAT | EMENTS. | |
|---|---|---|---|---|
| 2020 | 2019 | |||
| 12 Creditors: amounts | falling due within | one year | ||
| Trade creditors | 7,086 | 4,058 | ||
| 7,086 | 4,058 |
| 2020 | 2019 | |||
|---|---|---|---|---|
| Net mcome for year | 38,996 | (4411) | ||
| Interest received | (31) | (413) | ||
| Depreciation and impairment Decrease/(increase) in debtors |
oftangil&le fixed assets | 5,923 1,863 |
7,178 (1,911) |
|
| Increase/(Decretne) | h creditors | 3,027 | (164) | |
| Net cash Qow &am | operating | activities | 49,778 | 179 |
| 15 Analysis ofmov |
ements in |
restricted fuads |
|||
|---|---|---|---|---|---|
| Balance | Income | Expenditure | Balaace | ||
| 1.112019 | 8 | 31.102020 f |
|||
| Young Roots Pmject | 12,012 | (4,839) | 7,173 | ||
| Surgery and inventions refurbishment |
mom | 13,879 | (5,481) | 8398 | |
| Garden | 1,000 | (514) | 486 | ||
| Staircase refurbishment | 5,000 | 5,000 | |||
| 25,891 | 6,000 | (10,834) | 21,057 |
| Analysis ofmov | ements in |
restricted funds |
—previous | year | |
|---|---|---|---|---|---|
| Balance | Income | Expenditure | Balance | ||
| 1.112018 | 31.102019 | ||||
| 8 | |||||
| Art Project | 2,487 | (2,487) | |||
| Young Roots Project | 32,800 | (20,778) | 12,012 | ||
| Surgery and inventions | room | ||||
| refurbishment | 20,132 | (6353) | 13,879 | ||
| 22,619 | 32,800 | (29,528) | 25,891 |
| 2020 | 2019 | |
|---|---|---|
| 8 | ||
| Withm one year | 22,552 | 21,852 |
| Later than one and not later than five years | 57,506 | 80,058 |