| Page | |||||
|---|---|---|---|---|---|
| Report ofthe Trustees | 1 | to | 3 | ||
| Independent Examiner's |
Report | ||||
| Statement ofFinancial | Activities | ||||
| Balance Sheet | 6 | to | 7 | ||
| Notes to the Financial | Statements | 8 | to | 12 | |
| Detailed Statement of | Financial Activities | 13 | to | 14 |
| Statement o for the Year |
fFinancial Ended 31 |
Activities March 2021 |
|||||
|---|---|---|---|---|---|---|---|
| 31.3.21 | 31.3.20 | ||||||
| Unrestricted | Restricted | Total | Total | ||||
| fund | funds | funds | funds | ||||
| Notes | |||||||
| INCOME AND ENDOWMENTS FROM | |||||||
| Charitable | activities | ||||||
| Eniployment | training | 119,879 | 35,500 | 155,379 | 165,443 | ||
| Covid support | 40,969 | 40,969 | |||||
| Investment | income | 2 | 53,468 | 53,468 | 89,751 | ||
| Total | 214,316 | 35,500 | 249,816 | 255,194 | |||
| EXPENDITURE ON | |||||||
| Charitable | activities | ||||||
| Employment | training | 144,263 | 121,940 | 266,203 | 374,688 | ||
| NET INCOME/(EXPENDITURE) | 70,053 | (86,440) | (16,387) | (119,494) | |||
| RECONCILIATION | OF FUNDS | ||||||
| Total funds | brought | forward | (234,098) | 1,142,942 | 908,844 | 1,028,338 | |
| TOTAL FUNDS CARRIED FORWARD | (164,045) | 1,056,502 | 892,457 | 908,844 |
| Balance Sheet 31 March 2021 |
||||||
|---|---|---|---|---|---|---|
| 31.3.21 | 31.3.20 | |||||
| Unrestricted | Restricted | Total | Total | |||
| fund | funds | funds | funds | |||
| Notes | ||||||
| FIXEDASSETS | ||||||
| Tangible assets | 6 | 103,432 | 1,056,502 | 1,159,934 | 1,258,005 | |
| CURRENT ASSETS | ||||||
| Debtors | 7 | 58,227 | 58,227 | 16,382 | ||
| Cash at bank and in hand | 17,510 | 17,510 | 29,979 | |||
| 75,737 | 75,737 | 46,361 | ||||
| CREDITORS | ||||||
| Amounts falling due within |
one year | 8 | (226,483) | (226,483 ) | (278,791) | |
| NET CURRENT ASSETS/(LIABILITIES) | (150,746) | (150,746) | (232,430) | |||
| TOTAL ASSETSLESSCURRENT | ||||||
| LIABILITIES | (47,314) | 1,056,502 | 1,009,188 | 1,025,575 | ||
| CREDITORS | ||||||
| Amounts falhng due ager |
more than one year | 9 | (116,731) | (116,731) | (116,731) | |
| NET ASSETS | (164,045) | 1,056,502 | 892,457 | 908,844 | ||
| FUNDS | ||||||
| Unrestricted funds |
(164,045) | (234,098) | ||||
| Restricted funds |
1,056,502 | 1,142,942 | ||||
| TOTAL FUNDS | 892,457 | 908,844 |
| 31.3.21 | 31.3.20 | ||
|---|---|---|---|
| Rents | received | 52,189 | 81,827 |
| Costs | recharged | 1,279 | 7,924 |
| 53,468 | 89,751 |
| Net income/(expenditure) is stated after charging/(crediting) |
: | |
|---|---|---|
| 31.3.21 | 31.3.20 | |
| Depreciation - owned assets | 98,071 | 97,738 |
| Hire ofplant and machinery | 600 | 600 |
| 31.3.21 | 31.3.20 | |||||
|---|---|---|---|---|---|---|
| Staff | 4 | 7 | ||||
| No | employees | received emoluments | in excess off60,000. | |||
| TANGIBLE | FIXEDASSETS | |||||
| Fixtures, | ||||||
| fittings | ||||||
| Freehold | and | |||||
| property | equipment | Totals | ||||
| COST | ||||||
| At | 1 April 2020 and 31 March 2021 | 4,322,015 | 725,651 | 5,047,666 | ||
| DEPRECIATION | ||||||
| At | 1 April 2020 | 3,167,775 | 621,886 | 3.789,661 | ||
| Charge for year | 86,440 | 11,631 | 98,071 | |||
| At | 31 March | 2021 | 3,254,215 | 633,517 | 3,887,732 | |
| NET BOOK | VALUE | |||||
| At | 31 March | 2021 | 1,067,800 | 92,134 | 1,159,934 | |
| At | 31 March | 2020 | 1,154,240 | 103,765 | 1,258,005 |
| 7. | DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
|---|---|---|---|---|
| 31.3.21 | 31.3.20 | |||
| Trade debtors | 15,750 | 16,382 | ||
| Prepayments and accrued income |
42,477 | |||
| 58,227 | 16,382 | |||
| 8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 31.3.21 | 31.3.20 | |||
| Other loans (see note 10) | 145,604 | 141,604 | ||
| Trade creditors | 55,309 | |||
| Social security and other taxes | 8,221 | 5,876 | ||
| Other creditors | 44,033 | 73,002 | ||
| Accruals and deferred income |
28,625 | 3,000 | ||
| 226,483 | 278,791 | |||
| 9. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | |||
| 31.3.21 | 31.3.20 | |||
| Other loans (see note 10) | 116,731 | 116,731 | ||
| 10. | LOANS | |||
| An analysis ofthe maturity ofloans is given below: | ||||
| 31.3.21 | 31.3.20 | |||
| Amounts falling due within one year on demand: |
||||
| Other loans | 145,604 | 141,604 | ||
| Amounts falling between one and two years: |
||||
| Other loans - 1-2years | 116,731 | 116,731 | ||
| 11. | MOVEMENT IN FUNDS | |||
| Net | ||||
| movement | At | |||
| At 1.4.20 | in funds | 31.3.21 | ||
| Unrestricted funds |
||||
| General fund |
(234,098) | 70,053 | (164,045) | |
| Restricted funds |
||||
| Millennium Building Fund |
1,142,942 | (86,440) | 1,056,502 | |
| TOTAL FUNDS | 908,844 | (16,387) | 892,457 |
| Incoming | Resources | Movement | |||||
|---|---|---|---|---|---|---|---|
| resources | expended | tn funds | |||||
| Unrestricted funds |
|||||||
| General fund |
214,316 | (144,263) | 70,053 | ||||
| Restricted funds | |||||||
| Millennium Building |
Fund | (86,440) | (86,440 ) | ||||
| Grantscape (Burbo) |
9,500 | (9,500) | |||||
| Veolia Envtronmental | Trust | 26,000 | (26,000) | ||||
| 35,500 | (121,940) | (86,440) | |||||
| TOTALFUNDS | 249,816 | (266,203 ) | (16,387) | ||||
| Comparatives for movement |
in | funds | |||||
| Net | |||||||
| movement | At | ||||||
| At 1.4.19 | in funds | 31.3.20 | |||||
| Unrestricted funds |
|||||||
| General fund | (212,342) | (21,756) | (234,098) | ||||
| Restricted funds | |||||||
| Millennium Building |
Fund | 1,240,680 | (97,738) | 1,142,942 | |||
| TOTAL FUNDS | 1,028,338 | (119,494) | 908,844 | ||||
| Comparative net movement |
in | funds, included | in the above are as follows: | ||||
| Incoming | Resources | Movement | |||||
| resources | expended | in funds | |||||
| Unrestricted funds |
|||||||
| General fund |
253,694 | (275,450) | (21,756) | ||||
| Restricted funds | |||||||
| Millennium Building |
Fund | (97,738) | (97,738) | ||||
| Police and Crinte Commissioner | Fund | 1,500 | (1,500) | ||||
| 1,500 | (99,238) | (97,738) | |||||
| TOTAL FUNDS | 255,194 | (374,688) | (119,494) |
| Net | |||||
|---|---|---|---|---|---|
| movement | At | ||||
| At 1.4.19 | in funds | 31.3.21 | |||
| K | |||||
| Unrestricted | funds | ||||
| General fund |
(212,342) | 48,297 | (164,045) | ||
| Restricted | funds | ||||
| Millennium | Building | Fund | 1,240,680 | (184,178) | 1,056,502 |
| TOTALFUNDS | 1,028,338 | (135,881) | 892,457 |
| Incoming | Resources | Movement | |||
|---|---|---|---|---|---|
| resources | expended | in funds | |||
| Unrestricted funds |
|||||
| General fund |
468,010 | (419,713) | 48,297 | ||
| Restricted funds | |||||
| Millennium Building |
Fund | (184,178) | (184,178) | ||
| Police and Crime Commissioner | Fund | 1,500 | (1,500) | ||
| Grantscape (Burbo) | 9,500 | (9,500) | |||
| Veolia Environmental | Trust | 26,000 | (26,000) | ||
| 37,000 | (221,178) | (184,178) | |||
| TOTAL FUNDS | 505,010 | (640,891) | (135,881) |
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||
|---|---|---|---|
| Detailed Statement ofFinancial Activities | |||
| for the Year Ended 31 March 2021 | |||
| 31.3.21 | 31.3.20 | ||
| INCOME AND | ENDOWMENTS | ||
| Investment income |
|||
| Rents received | 52,189 | 81,827 | |
| Costs rcchargcd | 1,279 | 7,924 | |
| 53,468 | 89,751 | ||
| Charitable activities |
|||
| Training income |
75,715 | 161,022 | |
| Grants | 84,269 | 2,000 | |
| Other income | 36,364 | 2,421 | |
| 196,348 | 165,443 | ||
| Total incoming | resources | 249,816 | 255,194 |
| EXPENDITURE | |||
| Charitable activities |
|||
| Wages | 70,930 | 118,504 | |
| Social security | 4,751 | 6,697 | |
| Pensions | 182 | 1,331 | |
| Direct traimng costs | 22,088 | 40,947 | |
| 97,951 | 167,479 | ||
| Support costs | |||
| Management | |||
| Hire ofplant and machinery | 600 | 600 | |
| Rates and water | 11,810 | 17,180 | |
| Insurance | 6,545 | 17,701 | |
| Light and heat | 15,215 | 38,518 | |
| Telephone | 1,301 | 1,193 | |
| Postage and stationery | 366 | 2,657 | |
| Administrator | costs | 12,193 | |
| Sundries | 1,252 | ||
| Subscriptions | 1,187 | 1,553 | |
| Repairs and renewals | 28,729 | 5,274 | |
| Depreciation offreehold property | 86,440 | 86,440 | |
| Depreciation offixtures &fittings | 11,631 | 11,298 | |
| 163,824 | 195,859 | ||
| Finance | |||
| Bank charges | 595 | 845 | |
| Governance | costs | ||
| Accountancy | and legal fees | 3,000 | 1,850 |
| Cerned forward | 3,000 | 1,850 |
| V *hit ~ ghb I dC |
IL 4 |
||
|---|---|---|---|
| Detailed Statement ofFinancial | Activities | ||
| for the Year Ended 31 March 2021 | |||
| 31.3.21 | 31.3.20 | ||
| t overnance costs |
|||
| Brought forward | 3,000 | 1,850 | |
| Professional fees |
833 | 8,655 | |
| 3,833 | 10,505 | ||
| Total resources expended | 266,203 | 374,688 | |
| Net expenditure | (16,387) | (119,494) |