| Page | ||||
|---|---|---|---|---|
| Reference and administrative | details ofthe company, | its trustees | and advisers | |
| Trustees' report |
2-7 | |||
| Independent examiner's report |
||||
| Statement offinancial activities | ||||
| Balance sheet | 10-11 | |||
| Notes to the financial statements | 12-27 |
| Trustees | Councillor Edward Darke |
|
|---|---|---|
| Nicholas Kincaid, Chair |
||
| Brenda Gildea | ||
| Keith Felton | ||
| Alan Turner | ||
| Duncan Campbell |
||
| Paul Cook | ||
| Company | registered | |
| number | 03397247 | |
| Charity registered | ||
| number | 1064098 | |
| Registered | office | Hudson Street |
| North Shields | ||
| Tyne and Wear | ||
| NE30 1DL | ||
| Patron | Lord Stevens of Kirkwhelpington | |
| Vice Patron | John Squires OBE | |
| Accountants | Ryecroft Glenton | |
| Chartered Accountants |
||
| 32 Portland Terrace |
||
| Newcastle upon Tyne |
||
| NE2 1QP | ||
| Bankers | Natwest Bank pic |
|
| PO Box38 | ||
| North Shields | ||
| Tyne and Wear | ||
| NE29 6QB |
| Restricted | Unrestricted | Total | Total | ||||
|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | ||||
| 2021 | 2021 | 2021 | 2020 | ||||
| Note | 6 | ||||||
| Income from: | |||||||
| Donations and |
legacies | 1,000 | 1,274 | 2,274 | 1,827 | ||
| Charitable activities |
403,152 | 403,152 | 378,800 | ||||
| Investments | 3 | 3 | 21 | ||||
| Other income | 61,990 | 61,990 | 31,245 | ||||
| Total income | 1,000 | 466,419 | 467,419 | 411,893 | |||
| Expenditure on: |
|||||||
| Raising funds | 26,065 | 26,065 | 25,983 | ||||
| Charitable activities |
1,000 | 465,644 | 466,644 | 440,972 | |||
| Total expenditure | 1,000 | 491,709 | 492,709 | 486,955 | |||
| Net movement | in funds | (25,290) | (25,290) | (55,062) | |||
| Reconciliation | offunds: | ||||||
| Total funds brought | forward | 1,257,662 | 1,257,662 | 1,312,724 | |||
| Net movement | in funds | (25,290) | (25,290) | (55,062) | |||
| Total funds carried | forward | 1,232,372 | 1,232,372 | 1,257,862 |
| 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|
| Note | 6 | ||||||
| Fixed assets | |||||||
| Tangible assets | 12 | 1,310,135 | 1,346,931 | ||||
| 1,310,135 | 1,346,931 | ||||||
| Current assets | |||||||
| Stocks | 13 | 3,500 | 3,500 | ||||
| Debtors | 14 | 34,519 | 22,296 | ||||
| Cash at bank and | in hand | 67,673 | 52,656 | ||||
| 105,692 | 78,452 | ||||||
| Creditors: amounts | falling | due within one | |||||
| year | 15 | (40,532) | (38,726) | ||||
| Net current assets | 65,160 | 39,726 | |||||
| Total assets less | current | liabilities | 1,375,295 | 1,386,657 | |||
| Creditors: amounts | falling | due after more | |||||
| than one year | 16 | (142,923) | (128,995) | ||||
| Net assets | 1,232,372 | 1,257,662 | |||||
| Total net assets | 1 232372 | 1,257,662 | |||||
| Charity funds | |||||||
| Restricted funds | 18 | ||||||
| Unrestricted funds |
18 | 1,232,372 | 1,257,662 | ||||
| Total funds | 1,232,372 | 'l,257,662 |
| Restricted | Unrestricted | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2021 | 2021 | 2021 | |
| E | E | ||
| Donations | 1,000 | 1,274 | 2,274 |
| Restricted | Unrestricted | Total | |
| funds | funds | funds | |
| 2020 f |
2020 5 |
2020f | |
| Donations | 1,500 | 327 | 1,827 |
| Unrestricted | Total | |||||
|---|---|---|---|---|---|---|
| funds | funds | |||||
| 2021 E |
2021f | |||||
| Income | from charitable | activities - Operation | of automobile | services and | ||
| training | centre | 403,152 | 403,152 | |||
| Unrestri cted | Total | |||||
| funds | funds | |||||
| 2020 | 2020 | |||||
| Income | from charitable | activities - Operation | of automobile | services and | ||
| training | centre | 378,800 | 378,800 |
| Unrestricted | Total | ||
|---|---|---|---|
| funds | funds | ||
| 2021 | 2021 | ||
| E | E | ||
| Investment | income | ||
| Unrestricted | Total | ||
| funds | funds | ||
| 2020 | 2020 | ||
| 5 | |||
| Investment | income | 21 | 21 |
| Unrestricted | Total | ||
|---|---|---|---|
| funds | funds | ||
| 2021 | 2021 | ||
| 6 | |||
| Furlough | income | 36,458 | 36,458 |
| COVID | grants | 25,532 | 25,532 |
| 61,990 | 61,990 | ||
| Unrestricted | Total | ||
| funds | funds | ||
| 2020f | 2020f | ||
| Furlough | income | 31,245 | 31,245 |
| Restricted | Unrestricted | Total | ||||
|---|---|---|---|---|---|---|
| funds | funds | funds | ||||
| 2021 | 2021 | 2021 | ||||
| 6 | 6 | |||||
| Operation | ofautomobile | services and training | centre | 1,000 | 465,644 | 466,644 |
| Restricted | Unrestricted | Total | ||||
| funds | funds | funds | ||||
| 2020 | 2020 | 2020f | ||||
| Operation | of automobile | services and training | centre | 1,500 | 439,472 | 440,972 |
| Analysis | ofexpenditure | by activities |
| Activities | ||||||||
|---|---|---|---|---|---|---|---|---|
| undertaken | Support | Total | ||||||
| directly | costs | funds | ||||||
| 2021 | 2021 | 2021 | ||||||
| 6 | 6 | |||||||
| Operation | ofautomobile | services | and | training | centre | 318,116 | 148,528 | 466,644 |
| Activities | ||||||||
| undertaken | Support | Total | ||||||
| directly | costs | funds | ||||||
| 2020f | 2020f | 2020 5 |
||||||
| Operation | ofautomobile | services | and | training | centre | 300,706 | 140,266 | 440,972 |
| Operation | ||
|---|---|---|
| of | ||
| automobile | ||
| services | ||
| and training | Total | |
| centre | funds | |
| 2021 | 2021 | |
| 6 | F | |
| Wages and salaries | 193,278 | 193,278 |
| Depreciation | 36,796 | 36,796 |
| Purchases and activities costs |
51,518 | 51,5'I8 |
| Motor, travel and subsistence | 6,346 | 6,346 |
| Boots and clothing | 1,175 | 1,175 |
| Training costs and exam fees | 29,003 | 29,003 |
| 318,116 | 318,116 | |
| Operation ol |
||
| automobile | ||
| services and | ||
| training | Total | |
| centre | funds | |
| 2020 | 2020 | |
| 5 | ||
| Wages and salaries | 183,589 | 183,589 |
| Depreciation | 36,850 | 36,850 |
| Purchases and activities costs |
54,394 | 54,394 |
| Motor, travel and subsistence | 4,905 | 4,905 |
| Boots and clothing | 903 | 903 |
| Training costs and exam fees | 20,065 | 20,065 |
| 300,705 | 300,706 |
| Operation | |||||
|---|---|---|---|---|---|
| of | |||||
| automobile | |||||
| services | |||||
| and training | Total | ||||
| centre | funds | ||||
| 2021 | 2021 | ||||
| F | |||||
| Wages and | salaries | 86,709 | 86,709 | ||
| Premises | expenses | 10,923 | 10,923 | ||
| Professional | fees | 9,502 | 9,502 | ||
| Accountancy | 2,725 | 2,725 | |||
| Sundries | and subscriptions | 2,309 | 2,309 | ||
| Bank charges and loan | interest | 3,987 | 3,987 | ||
| Telephone, | postage and | stationery | 8,730 | 8,730 | |
| Insurance | and rental charges | 20,948 | 20,948 | ||
| Independent | examiner's | fee - Governance | 2,695 | 2,695 | |
| 148,528 | 148,528 |
| Operation ot |
|||||
|---|---|---|---|---|---|
| automobile | |||||
| services and | |||||
| training | Total | ||||
| centre | funds | ||||
| 2020f | 2020 | ||||
| Wages and | salaries | 87,033 | 87,033 | ||
| Depreciation | 1,079 | 1,079 | |||
| Premises expenses | 8,425 | 8,425 | |||
| Professional | fees | 2,241 | 2,241 | ||
| Accountancy | 2,785 | 2,785 | |||
| Sundries and |
subscriptions | 5,173 | 5,173 | ||
| Bank charges | and loan | interest | 3,893 | 3,893 | |
| Telephone, | postage and | stationery | 6,389 | 6,389 | |
| Insurance and rental charges |
20,553 | 20,553 | |||
| Independent | examiner's | fee - Governance | 2,695 | 2,695 | |
| 140,266 | 140,266 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| Wages | and | salaries | 306,052 | 296,605 |
| 306,052 | 296,605 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| No. | No. | |||
| Management | and | administration | 5 | |
| Projects | 10 | |||
| 15 |
| Long-term | |||||
|---|---|---|---|---|---|
| leasehold | Plant and | Motor | |||
| propertyf | machinery | vehicles | Total | ||
| Cost or valuation | |||||
| At 1 August 2020 | 1,831,638 | 102,587 | 7,835 | 1,942,060 | |
| At 31 July 2021 | 1,831,638 | 102,587 | 7,835 | 1,942,060 | |
| Depreciation | |||||
| At 1 August 2020 | 485,358 | 102,587 | 7,184 | 595,129 | |
| Charge for the year | 36,633 | 163 | 36,796 | ||
| At 31 July 2021 | 521,991 | 102,587 | 7,347 | 631,925 | |
| Net book value | |||||
| At 31 July 2021 | 1,309,647 | 488 | 1,310,'I35 | ||
| At 31July 2020 | 1,346,280 | 651 | 1,346,931 | ||
| 13. | Stocks | ||||
| 2021 | 2020 | ||||
| Finished goods and goods for resale | 3,500 | 3,500 | |||
| 14. | Debtors | ||||
| 2021 | 2020 | ||||
| Due within one year | |||||
| Trade debtors | 29,448 | 19,957 | |||
| Other debtors | 5,071 | 1,889 | |||
| Prepayments and accrued income |
450 | ||||
| 34,519 | 22,296 |
| 2021f | 2020f | ||
|---|---|---|---|
| Bank overdrafts Bank loans Trade creditors |
21,513 8,137 |
1,662 12,744 13,668 |
|
| Other creditors Accruals and deferred |
income | 5,132 5,750 |
4,702 5,950 |
| 40,532 | 38,726 |
| 2021f | 2020f | |
|---|---|---|
| Bank loans | 102,923 | 128,995 |
| Otherloans | 40,000 | |
| 142,923 | 128,995 |
| 2021f | 2020f | |||
|---|---|---|---|---|
| Repayable | by | instalments | 47,848 | 28,019 |
| 47,848 | 28,019 |
| 2021 | 2020f | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Financial | assets | ||||||||||
| Financial | assets | measured | at | fair | value | through | income | and | expenditure | 67,673 | 52,656 |
| Balance at 1 | Balance at | ||||
|---|---|---|---|---|---|
| August 2020 | Income f |
Expenditure f |
31July 2021 f |
||
| Unrestricted funds |
|||||
| General | Funds | 1,257,662 | 466,419 | (491,709) | 1,232,372 |
| Restricted funds | |||||
| Holiday | schemes | 1,000 | (1,000) | ||
| Total of | funds | 1,257,662 | 467,419 | (492,709) | 1,232,372 |
| Stateme | nt offunds - prior year | ||||
|---|---|---|---|---|---|
| Balance et | |||||
| 1August | Balance et | ||||
| 2019f | Income f |
Expenditure f |
31Ju/y 2020 f |
||
| Unrestricted funds |
|||||
| General | Funds | 1,312,724 | 410,393 | (455,455) | 1,257,562 |
| Restricted funds | |||||
| Holiday | schemes | 1,000 | (1,000) | ||
| Trainee | incentives | 500 | (500) | ||
| 1,500 | (1,500) | ||||
| Total of | funds | 1,312,724 | 411,893 | (466,955) | '/,257,662 |
| Summary | offunds - current year | ||||
|---|---|---|---|---|---|
| Balance at 1 | Balance at | ||||
| August 2020f | Income 6 |
Expenditure f |
31July 2021 f |
||
| General funds | 1,257,662 | 466,419 | (491,709) | 1,232,372 | |
| Restricted | funds | 1,000 | (1,000) | ||
| 1,257,662 | 467,419 | (492,709) | 1,232,372 | ||
| Summary | offunds - prior year | ||||
| Balance at | |||||
| 1August | Balance at | ||||
| 2019f | Income f |
Expenditure | 31Ju/Ir 2020 f |
||
| General funds | 1,312,724 | 410,393 | (465,455) | 1,257,662 | |
| Restricted | funds | 1,500 | (1,500) | ||
| 1,312,724 | 411,893 | (466,955) | 1,257,662 |
| Unrestricted | Total | |||
|---|---|---|---|---|
| funds | funds | |||
| 2021 | 2021 | |||
| 5 | ||||
| Tangible | fixed | assets | 1,310,135 | 1,310,135 |
| Current | assets | 105,692 | 105,692 | |
| Creditors Creditors |
due due |
within one year in more than one year |
(40,532) (142,923) |
(40,532) (142,923) |
| Total | 1,232,372 | 1,232,372 |
| Unrestricted | Torsi | |||
|---|---|---|---|---|
| funds | funds | |||
| 2020f | 2020f | |||
| Tangible | fixed | assets | 1,346,931 | 1,346,931 |
| Current | assets | 78,452 | 78,452 | |
| Creditors Creditors |
due due |
within one year in more than one year |
(38,726) (128,995) |
(38,726) (128,995) |
| Total | 1,257,662 | 1,257,662 |