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2021-03-31-accounts

Page
Report ofthe Trustees 2 to 12
Independent Examiner's Report 13
Statement of Financial Activities 14
Balance Sheet 15
Notes tothe Financial Statements 16 to 25

2021 2020
Unrestricted Restricted Total Total
funds funds funds funds
Notes F E 6
INCOME AND ENDOWMENTS FROM
Donations
and legacies
2 3,840 2,625 6,465 9,639
Charitable
activities
4
Support for young people 149,919 206,533 356,452 335,434
Investment
income
3 713 713 1,731
Total 154,472 209,158 363,630 346,804
EXPENDITURE ON
Raising funds 5 21,733 17,313 39,046 35,710
Charitable
activities
6
Support for young people 109,576 150,007 259,583 221,653
Total 131,309 167,320 298,629 257,363
NET INCOME 23,163 41,838 65,001 89,441
RECONCILIATION
OF FUNDS
Total funds brought forward 210,654 1,717 212,371 122,930
TOTAL FUNDS CARRIED FORWARD 233,817 43,555 277,372 212,371

5. RAISING FUNDS RAISING FUNDS
Raising donations and legacies
2021f 2020
f
Staff costs 12,218 14,886
Other attributable costs 26,828 20,824
39,046 35,710
8. CHARITABLE ACTIVITIES COSTS
Support
Direct costs (see
Costs note 7)
f
Totals
F
Support for young people 143,702 115,881 259,583
7. SUPPORT COSTS
Governance
Management costs
f
Totals
f.
Support for young people 99,919 15,962 115,881
Support costs, included in the above, are as follows:
Management
2021 2020
Support
for young Total
people
f.
activities
f
Saledies 48,342 5,516
Establishment costs 22,065 18,637
Administrative expenses 27,321 37,047
Depreciation oftangible fixed assets 2,191 892
99,919 62,092
Governance costs
2021 2020
Support
foryoung Total
people
f
activities
f
Meeting costs 1,644 1,001
Supportcosts 12,218 5,516
Accountancy fees 2,100 1,512
15,962 8,029

Unrestricted Restricted Total
funds funds
f
fundsf
INCOME AND ENDOWMENTS FROM
Donations
and legacies
9,054 585 9,639
Charitable
activities
Support for young people 205,605 129,829 335,434
Investment
income
1,731 1,731
Total 216,390 130,414 346,804
EXPENDITURE ON
Raising funds 28,662 7,048 35,710
Charitable
activities
Support for young people 98,138 123,515 221,653
Total 126,800 130,563 257,363
NET INCOME/(EXPENDITURE) 89,590 (149) 89,441

11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES -continued ACTIVITIES -continued
Unrestricted Restricted Total
funds
f
funds funds
6
RECONCILIATION OF FUNDS
Total funds brought forward 121,064 1,866 122,930
TOTAL FUNDS CARRIED FORWARD 210,654 1,717 212,371
12. TANGIBLE FIXED ASSETS
Improvements
to Computer
property equipment Totals
E 6 F
COST
At 1 April 2020 7,785 42,101 49,886
Additions 2,536 16,472 19,008
At 31 March 2021 10,321 58,573 68,894
DEPRECIATION
At 1 April 2020 7,785 39,430 47,215
Charge foryear 106 2,085 2,191
At 31 March 2021 7,891 41,515 49,406
NET BOOK VALUE
At 31 March 2021 2,430 17,058 19,488
At 31 March 2020 2,671 2,671
13. DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
2021
f
2020
F
Trade debtors 11,138 11,962
Prepayments 8,709 8,432
19,847 20,394

CREDITORS: AM O U NTS
FALLI
NG DUE WITHIN ONE Y EAR
2021
f
2020
Trade creditors
Social security
10,614 2,689
2,880
Accruals and deferred income 73,895
Accrued expenses 2,169 3,100
12,783 82,564
2021 2020
6
Brought forward 73,895 112,676
Amount released to incoming resources
Amount deferred
in year
(73,895) (112,676)
73,895
Carried forward 73,895
ANALYSIS OF NET ASSETS BETWEEN FUNDS
2021 2020
Unrestricted Restricted Total Total
funds funds funds funds
E 6 F
Fixed assets 19,488 19,488 2,671
Current assets 227,112 43,555 270,667 292,264
Current
liabilities
~12,783) ~12,783) ~82,564)
233,817 43,555 277,372 212,371
MOVEMENT
IN FUNDS
Net
movement At
At 1.4.20 in funds
f
31.3.21
f
Unrestricted
funds
General fund 118,693 23,163 141,856
Designated
fund
91,961 91,961
210,654 23,163 233,817
Restricted funds
Awards for all 593 1,777 2,370
Hampshire
County
Council 3,000 3,000
HYCA 126 126
Henry Smith Charity 1,000 1,000
Kenwood
Community
Fund 1,124 2,893 4,017
No Limits Consortium 1,750 1,750
Portsmouth
City Council
7,835 7,835
Highway One Trust 2,950 2,950
National
Emergency
Fund 4,605 4,605
National
lottery Covid
Emergency Fund 13,189 13,189
The Clothworkers' Foundation 2,713 2,713
1,717 41,838 43,555

Net movement
in funds, included
in the above are as follows:
incoming Resources Movement
Unrestricted
funds
resources
f
expended
6
in funds
6
General fund 154,472 (131,309) 23,163
Restricted funds
Awards for all
Hampshire
County Council
HYCA
Henry Smith Charity
Kenwood
Community
Fund
No Limits Consortium
Portsmouth
City Council
Highway
One Trust
National
Emergency
Fund
National
lottery Covid Emergency
The Clothworkers'
Foundation
Covid 19Job Retention Scheme
Fund 9,920
3,000
56,580
22,900
2,893
2,625
22,224
7,500
4,816
64,740
2,713
9,247
(8,143)
(56,454)
(21,900)
(875)
(14,389)
(4,550)
(211)
(51,551)
~9,247)
1,777
3,000
126
1,000
2,893
1,750
7,835
2,950
4,605
13,189
2,713
209,158 167,320 41,838
TOTAL FUNDS 363,630 (298,629) 65,001

Net Transfers
Unrestricted
funds
At 1.4.19 movement
in funds
f
between
funds
f
At
31.3.20
f
General fund
Designated
fund
44,523
76,541
89,590 (15,420)
15,420
118,693
91,961
Restricted funds 121,064 89,590 210,654
Awards for all
Kenwood
Community
Local Sustainability
Fund
Fund
791
1,075
(198)
1,124
~1,075)
593
1,124
1,866 ~149 1,717
TOTAL FUNDS 122,930 89,441 212371