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2020-10-31-accounts

.'iotas 2020 2019
I'nrestricted Restricted
fund fund Total funds Total funds
I 8 8 6
INCOBIIIIIG RESOURCES
Incoming
resources from generited
funds
Donations 283,691 783.691 396.669
Investmeal
income
-1.678 4.678 4.894
Other incoiuing
resources
5.670 5.620 107.073
Total incoming
resources
793.989 793.989 508.636
RESOURCESKXPE(VDED
Charitable
activities
5-6 308.658 308.658 488.9Z7
Governance
costs
7 3.143 L143 3.045
Total resoumes
expended
311,801 311,801 491.97Z
NKT (OUTGOIiVG)/INCOSUNG
RESOURCES and net (deficit)/income for
the year 10 (17.812) (17.812) 16.66-1
Transfers
between
funds
Net movement
in funds
(17.81'7) (17.812) 16.664
RECONCILLATION
OF FUNDS
Total funds brought foniard 1,077,204 1.077.204 1,060,540
TOTAL FUNDS CARRIED FORWARD 1,059 397
The Rona Trust
Balance Sheet
as at 31October 2020 2020 2019
Total funds Total funds
Notes 8
FLIED ASSETS
Tmiaible assets 12 -198,040 499,114
CURREVT ASSETS
Stocks 14 1.200 1.200
Debtors 15 24.780 -11.984
Cash at bank 16 573.166 560.965
599.146 604.1-19
CREDITORS
Amounts
falling due ivithin one
year 17 (37,79-.1) (26.059)
NET CliRREVT ASSETS 561352 578.090
iVET ASSETS 1,059,392 1.077.204
FUNDS
Unrestricted
funds:
18
General funds 188.000 218,725
Designated
funds
871.392 858.479
Restricted huids 19
TOTAL FUiVDS 1,059,392 1.077204

Workshop
equipment
10
straight
line
OIT&ce equipment 10*' straight linc
Motor vehicles 20
' straight
line
Motor tenders Ido& straight line ivith residual value 1500
Tachts 2.5*' straight line
Workshop
unprovements
Office tt cnnv room
over the length ofthctease
20' strai
ht line

I'nrestricted Restricted Total funds Total funds
2 DONAATIONS lands funds 2020 2019
8 8 I
Viscount Amory Trust 95.700 95700 95,600
Searle Trust 62,500 62,&00 128,&00
Association ofSail Trainin Or8annatrons 46.022 46.022 25.015
Ader8uard donations 29,224 29.224 32.542
Gift Ard 5.619 5.619 10.09
Corporates -13.017
Sundry donations 61.856
28&.691 28&,691 396.669
3 INVESTprIENT INCOhlE Unrestricted Restricted Total funds Total thnds
funds funds 2020 2019
8 8 8 8
Deposit account interest 4,678 4.678 4.894
4„678 4678 -I 894
4 OTHER INCOMING RESOURCES 2020 2019
Unrestricted funds other income 5.620 107,073
Restricted funds othu tncome
~5620 ~107073
Unrcstncted funds other income: 2020 2019
8
Crmv fees 72,-188
Race income L995 29,671
Courses &,525 4,534
Souvcnirs 100 80
5.620 107,073
5 COST OF CHARITABLE ACTIVITIES BYFIIND TYPE
Ltnrestricted Restricted Total funds Total funds
lands funds 2020 2019
8 8 8
Vessel costs 192.991 192.991 30&.141
Support costs 115.667 115,667 18",786
30R658 308,658 488,927

Activities
undertaken Support Total funds Total funds
directly costs 2020 2019
8 8
Unrestrioted costs 192,991 113.667 308.658 -188.927
Restricted costs
192.991 113.667 308.658 488.927
7 CAIVERNAiVCE COSTS Itnrestricted Restricted Total funds Total lands
funds funds 2020 2019
6 8 8 8
Accountancy 3,143 .".143 s.045
8 ANALYSIS OFSttPPORT COSTS Unrestricted Restricted Total funds Total funds
funds funds 2020 2019
6 8 8
Staffcosts 5L939 51,939 51,165
Depreciation 17.601 17.601 gl,s98
Rent rates and service charms 27.381 27.381 29,828
Subscripttons 870 870 770
blotor vehicle snd travel ucpenses 3.722 3.722 4.'09
Telephone 3.779 :,779 5,072
lvhscellaneous 3,706 3.706 1.:78
Courses
and training
4,494 4,494 4.82
Postage snd ~tationery 1,688 1,688 3,753
Bank charges snd interest payable 487 487 1,090
110,667 115,667 183,786

Unrestricted Restricted Total funds Total funds
tunds funds 2020 2019
f f f
0rages and satanas 69.606 69,606 SA61-I
Boal repairs 70,795 70.795 86.112
Food mpenses L687 1,687 2-1.830
Fuel and berthmg mpenses 1htD2 Ie.032 25.932
Race «;pensee 7B88 7B88 35.236
Crmv travel expenses :,188
Crew clotliing expenses 7B14
Insurance 22.758 22.75fi 27.&18
bleating»
and conferences
6B25 6B25 10,097
192,991 192.991 .05.III
iVKT INCOhlLVG RESOURCES FOR THE YEAR
Unrestricted Restncted Total tunds Total funds
funds lends 2020 2019
f 8 f
This is stated after charghtg: f I
Depreciation 17,601 17.601 81.398
STAFF COSTS AND KihIOLUMENTS
Unrestricted Restricted Total I'unde Total lunds
funds
f
fundsf 2020
f
2019
f
soagcs and salaries 111,125 111,125 12L090
Social security costs 7,112 7,112 9,06
Pension contribunons s,308 K308 3,626
121,545 121,&di L"5,779
The ave
fogows:
rage number of employees
durmg
the year, calculated
an the basis offhg-time
equivalents.
w
as as
2020 2019
No No
Number ofmaintenance statT I 2
Number ofadministrative staff 2 2

tyorkshop
hlotor improvements Onlce and hlotor
Yachts tenders and equipment equipment vehicles Total
6 I 6 6 f.
Cost
At I 'November 2019 1,18L091 14300 8.090 30.596 1.292.861
Additions 2.175 14.352 16.527
Dispose)a (I .446) (13.446)
At 31Octobn' 2020
Depreciation
At INovember 2019
Charge for the veer
697.612
12.087
IK500 4L966
2:~
7.073
298
0.596
2,870
79,7-17
17.601
On disposals (L:,446) (I:,446)
At:I October 2020 709 699 13500 47 ~ 12 737) 20.020 797.902
Net book value
At 31October 2020 471,392 1,000 ll 272 2.894 11,482 498,040
At
I October 2019
48,479 1,000 IE618 1,017 499 114
13 YACHTS 2020 2019
Donald Searle 66.08 67.778
Rona II 66.083 67,777
Merrilm
Lady Shone
308,384
30.842
16.291
."1.6cg
47L392 4(L.479
14 STOCK 2020 2019
6
Stock L200 1,200
15 DEBTORS: AihlOI.'NTS FALLING DUE MTHIN ONK YEAR 2020 2019
Trade debton
YAT repayment due 2,267 3.897
Purchase lnlger debit balances L769 4.001
Prepayments -unrestricted fund 20,744 34.086
24,780 41.984
16 CASH AT BAVK 2020 2019
8
Cash at bank - unrestricted general fund 17L166 185,965
Cash at bank - unrestncted designated yacht fund 400.000 75 000
57:,166 560.965

17 CREDITORS: ASIOI'VTS CREDITORS: ASIOI'VTS CREDITORS: ASIOI'VTS CREDITORS: ASIOI'VTS CREDITORS: ASIOI'VTS FALLLVG Dl.'K RGTHIN ONK YEAR 2020 2019
Trade auditors SS06 8.725
Other reditors 3J,-)88 17.:34
7,794 26,039
18 UNRESTRICTED INCOME FUNDS
Balance at I Transfers Balance at
(Vovember between Incoming Outgoin 31October
2019 I'unde resources resources 2020
8 I 8
Destgnated Funds 858.-179 25,00il (12.0S7) 871,:92
General Funds 218.725 (25.000) 29,989 (299,714) 188.000
1,077,204 293.989 (31L801) 1,059392
19 RESTRICTED ltVCOhIE PT)NDS
Balance at I Transfers Balance at
November behveen Incoming Outgoing 31October
2019 I'unde resoIII'res resources 2020
8 8 8 8
General Funds
Net
Tangible lised current
10 ANALYSIS OF NET ASSETSBETWEEN FUNDS assets assets Total
8
Unrestricted Designated Funds 471,392 400,000 871,392
Unrestricted General Funds 26.648 161,:52 188,000
49(h040 561B52 1,059392