| 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restdicted | Total | Total | ||||
| Notes | fund 6 |
funds I |
funds 6 |
fundsI | |||
| INCOME AND ENDOWMENTS | FROM | ||||||
| Charitable activities Charitable activities |
526,588 | 526,588 | 672,262 | ||||
| Other trading activities Investment income |
2,095 104 |
2,095 104 |
231 | ||||
| Other income | 2,200 | 2,200 | |||||
| Total | 530,987 | 530,987 | 672,493 | ||||
| EXPENDITURE ON | |||||||
| Charitable activities Charitable activities |
6 | 560,350 | 560I350 | 629,436 | |||
| NET INCOME/(EXPENDITURE) | (29,363) | (29,363) | 43,057 | ||||
| RECONCILIATION | OF FUNDS | ||||||
| Total funds brought | forward | 171,485 | 171,485 | 128,428 | |||
| TOTAL FUNDS CARRIED FORWARD | 142,122 | 142,122 | 171,485 |
| STATEMENT OF FINANCIAL POSITION 31MARCH 2021 |
|||
|---|---|---|---|
| Notes | 2021 I |
2020I | |
| FIXEDASSETS Tangible assets |
14 | 7,512 | 10,116 |
| CURRENT ASSETS Debtors Cash at bank and in hand |
15 | 49,439 169,397 |
52,807 147,687 |
| 218,836 | 200,494 | ||
| CREDITORS Amounts falling due within one year |
16 | (36,726) | (39I125) |
| NET CURRENT ASSETS | 182,110 | 161,369 | |
| TOTAL ASSETSLESS CURRENT LIABILITIES | 189,622 | 171,485 | |
| CREDITORS Amounts falling due after more than one year |
17 | (47,500) | |
| NET ASSETS | 142,122 | 171,485 | |
| FUNDS Unresb icted funds |
21 | 142,122 | 171,485 |
| TOTAL FUNDS | 142,122 | 171I485 |
| Notes | 2021I | 2020 5 |
|
|---|---|---|---|
| Cash flows from operating activities Cash generated from operations |
1 | (30,594) | 62,486 |
| Net cash (used in)/provided by operating |
activities | (30,594) | 62,486 |
| Cash flows from investing activities Purchase oftangible fixed assets Sale oftangible fixed assets tnterest received |
2,200 104 |
(7,692) 231 |
|
| Net cash provided by/(used in) investing |
activities | 2,304 | (7,461) |
| Cash flows from financing activities New loans in year |
50,000 | ||
| Net cash provided by financing activities |
50,000 | ||
| Change in cash and cash equivalents the reporting period Cash and cash equivalents at the beginning ofthe reporting period |
in | 21,710 147,687 |
55,025 92,662 |
| Cash and cash equivalents atthe end of the reporting period |
169,397 | 147,687 |
| RECONCILIATION OF NET (EXPENDITURE)/INCOME |
RECONCILIATION OF NET (EXPENDITURE)/INCOME |
RECONCILIATION OF NET (EXPENDITURE)/INCOME |
TO NET CASH FLOW | TO NET CASH FLOW | FROM OPERATING | FROM OPERATING | |
|---|---|---|---|---|---|---|---|
| ACTIVITIES | 2021 | 2020 | |||||
| E | E | ||||||
| Net (expenditure)/income for the reporting Statement ofFinancial Activities) |
period | (as per the | (29(363) | 43,057 | |||
| Adjustments for: Depreciation charges Profit on disposal of fixed assets interest received Decrease in debtors Decrease in creditors |
2,604 (2,200) (104) 3,368 (4,899) |
3,300 (231) 19,189 (2,829) |
|||||
| Net cash (used in)/provided | by operations | (30,594) | 62,486 | ||||
| ANALYSIS OF CHANGES IN | NET FUNDS | ||||||
| At | 1/4/20 | Cash flow | At | 31/3/21 | |||
| E | E | E | |||||
| Net cash Cash at bank and ln hand |
147,687 | 21,710 | 169,397 | ||||
| 147,687 | 21,710 | 169,397 | |||||
| Debt | |||||||
| Debts falling due within 1year Debts falling due after 1year |
(2(500) (47,500) |
(21500) (47,500) |
|||||
| (50,000) | (50(000) | ||||||
| Total | 147,687 | (28,290) | 119,397 |
| S | INCOME FROM | CHARI | TABL | E ACTIVIT | IES | |||
|---|---|---|---|---|---|---|---|---|
| . | 2021 | 2020 | ||||||
| Income for the use of buses | Activity Charitable |
activities | E 408,122 |
E 637,262 |
||||
| Grants | Chadtable | activities | 45,000 | 35,000 | ||||
| Government Grant |
Charitable | activities | 73,466 | |||||
| 526,588 | 672,262 | |||||||
| Grants received, | included | in the above, are as follows: | 2021 E |
2020f | ||||
| London Borough |
of Merton | 45,000 | 35,000 | |||||
| 6. | CHARITABLE ACTIVITIES COSTS | |||||||
| Direct | Support | |||||||
| Costs (see | costs (see | |||||||
| note 7) E |
note 8) f |
Totals E |
||||||
| Charitable activities |
357,472 | 202,878 | 560,350 | |||||
| 7. | DIRECT COSTS OF CHARITABLE ACTIVITIES | 2021 | 2020 | |||||
| E | E | |||||||
| Stalf costs Vehicle running Depreciation |
costs | 238,997 115,871 2,604 |
259I569 167,612 3,300 |
|||||
| 357,472 | 430,481 | |||||||
| 8. | SUPPORT COSTS | |||||||
| Governance | ||||||||
| Management E |
costs f |
Totals E |
||||||
| Charitable activities |
187,028 | 15,850 | 202,878 | |||||
| Support costs, included | in the above, are | as follows: | ||||||
| Management | 2021 | 2020 | ||||||
| Charitable | Total | |||||||
| activities | activities | |||||||
| E | E | |||||||
| Wages Social security Pensions |
108,277 11,316 4,094 |
105,292 10,919 4,336 |
||||||
| Other operating Rates and water |
leases | 24,000 221 |
24,322 431 |
|||||
| Insurance | 2,836 | 2I012 | ||||||
| Light and heat Telephone |
3,339 2,045 |
2,230 1,748 |
||||||
| Carried forward | 156,128 | 151,290 |
| Management -contin |
u | ed | ||
|---|---|---|---|---|
| 2021 | 2020 | |||
| Charitable | Total | |||
| activities | acbvitles | |||
| E | E | |||
| Brought forward Postage and stationery Sundries Repairs and renewals Training Stair expenses Travel and subsistence Equipment Computer expenses Subscriptions Legal and professional Bank charges |
fees | 156,128 4,497 673 6,905 1,499 496 4,291. 2I871 2,625 368 6,239 436 |
151,290 6,687 252 4,444 3,155 464 3,428 3,368 2,653 789 6,400 700 |
|
| 187,028 | 183,630 | |||
| Governance costs | 2021 | 2020 | ||
| Charitable | Total | |||
| activities | activities | |||
| E | ||||
| Accountancy and legal fees Independent Examiner's fees |
14,000 1,850 |
14,225 11100 |
||
| 15,850 | 15,325 | |||
| NET INCOME/(EXPENDITURE) | ||||
| Net income/(expenditure) | is stated after charging/(crediting): | |||
| 2021 | 2020 | |||
| E | E | |||
| Depreciation - owned assets Other operating leases Surplus on disposal of fixed assets |
2,604 24,000 (2,200) |
3,300 24,322 |
| STAFF COSTS | 2021 | 2020 | |||||||
|---|---|---|---|---|---|---|---|---|---|
| E | E | ||||||||
| Wages and salaries Social security coW Other pension costs |
341,197 15,510 5,977 |
363,143 10,053 6,920 |
|||||||
| 362,684 | 380,116 | ||||||||
| The average monthly |
number of | employees | dudng the year was as follows: | ||||||
| 2021 | 2020 | ||||||||
| Full time OperationalStaff Part time Operational Staff |
7 20 |
7 20 |
|||||||
| 27 | 27 | ||||||||
| No employees received |
emoluments | in excess | ofE60,000. | ||||||
| The key management | personnel | compensation | during the year | was E86,227 (2020: | E83,465). | ||||
| COMPARATIVES FOR THE STATEMENT | OF FINANCIAL ACTIVITIES Unrestricted |
Restricted | Total | ||||||
| fund | funds | funds | |||||||
| E | E | E | |||||||
| INCOME AND ENDOWMENTS | FROM | ||||||||
| Charitable activities Charitable activities |
672,262 | 672,262 | |||||||
| Investment income |
231 | 231 | |||||||
| Total | 672,493 | 672,493 | |||||||
| EXPENDITURE ON | |||||||||
| Charitable activities Chadtable activities |
629,436 | 629,436 | |||||||
| NET INCOME | 43,057 | 43,057 | |||||||
| RECONCILIATION | OF FUNDS | ||||||||
| Total funds brought | forward | 128,428 | 128,428 | ||||||
| TOTAL FUNDS CARRIED FORWARD | 17II485 | 171,485 |
| TANGIBLE FIXEDA | SS | E | TS | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Improvements | Fixtures | ||||||||
| to | Plant and | and | Motor | ||||||
| property I |
machinery I |
fittings I |
vehicles I |
Totals I |
|||||
| COST At 1 Apdil 2020 Disposals |
7,233 | 14,004 | 3,500 | 395I491 (7,000) |
420I228 (7,000) |
||||
| At 31March 2021 | 7,233 | 14,004 | 3,500 | 388,491 | 413,228 | ||||
| DEPRECIATION At 1Apdil 2020 Charge for year Eliminated on disposal |
723 723 |
13,698 153 |
2,310 1I190 |
393,381 538 (7,000) |
410,112 2,604 (7,000) |
||||
| At 31March 2021 | 1,446 | 13,851 | 3,500 | 386,919 | 405,716 | ||||
| NET BOOK VALUE At 31March 2021 |
5,787 | 153 | 1,572 | 7,512 | |||||
| At 31March 2020 | 6,510 | 306 | 1,190 | 2, 110 | 10I116 | ||||
| DEBTORS:AMOUNTS | FALLING | DUE WITHIN | ONE YEAR | 2021 | 2020 | ||||
| 5 | 6 | ||||||||
| Trade debtors Other debtors Prepayments and accrued |
income | 45,145 3,000 1,294 |
'l6,989 4,454 1,364 |
||||||
| 49,439 | 52,807 | ||||||||
| CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||||||||
| 2021 | 2020 | ||||||||
| I | |||||||||
| Bank loans and overdrafts (see Trade creditors Social security and other taxes VAT Other creditors |
note 18) | 2,500 10,162 4,724 3,623 1,493 |
9,626 5,519 8,867 910 |
||||||
| Accruals and deferred | income | 14,224 | 14,203 | ||||||
| 36,726 | 39,125 |
| 17. | CREDITORS: AMOUNTS | FALLING DUE AFTER | FALLING DUE AFTER | FALLING DUE AFTER | MORE | THAN ONE YEAR | THAN ONE YEAR | THAN ONE YEAR | 2021 | 2020 |
|---|---|---|---|---|---|---|---|---|---|---|
| E | E | |||||||||
| Bank loans (see note 18) | 47,500 | |||||||||
| 18. | LOANS | |||||||||
| An analysis ofthe maturity | of | loans is given below: | ||||||||
| 2021 | 2020 | |||||||||
| E | E | |||||||||
| Amounts falling due within Bankloans |
one year on demand: | 2,500 | ||||||||
| Amounts falling between one Bank loans - 1-2 years |
and two years: | 10,000 | ||||||||
| Amounts falling due between Bank loans - 2-5 years |
two and five years: | 30,000 | ||||||||
| Amounts falling due in more than five years: |
||||||||||
| Repayable by instalments: Bank loans more 5 yr by instal |
7,500 | |||||||||
| 19. | LEASING AGREEMENTS | |||||||||
| Minimum lease payments |
under non-cancellable | operating | leases fall due as follows: | |||||||
| 2021 | 2020 | |||||||||
| E | E | |||||||||
| Within one year Between one and five years |
1,169 2,924 |
5,169 4,093 |
||||||||
| 4,093 | 9,262 | |||||||||
| 20. | ANALYSIS OF NET ASSETS BETWEEN FUNDS | 2021 | 2020 | |||||||
| Unrestricted | Restricted | Total | Total | |||||||
| fund | funds | funds | funds | |||||||
| E | E | E | E | |||||||
| Fixed assets Current assets Current liabilities Long term liabilities |
7,512 218,836 (36,726) (47,500) |
7,512 218,836 (36,726) (47,500) |
10,116 200,494 (39,125) |
|||||||
| 142I122 | 142,122 | 171I485 |
| Net | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| movement | At | |||||||||
| At' 1/4/20 | in funds | 31/3/21 | ||||||||
| E | ||||||||||
| Unrestricted General fund |
funds | 171,485 | (29,363) | 142,122 | ||||||
| TOTAL | FUNDS | 171,485 | (29,363) | 142,122 | ||||||
| Net movement | in funds, included | in the above | are as follows: | |||||||
| Incoming | Resources | Movement | ||||||||
| resources | expended | in funds | ||||||||
| E | E | E | ||||||||
| Unrestricted General fund |
funds | 530,987 | (560,350) | (29,363) | ||||||
| TOTAL | FUNDS | 530I987 | (560,350) | (29,363) | ||||||
| Comparetives | for movement | in funds | ||||||||
| Net | ||||||||||
| movement | At | |||||||||
| At 1/4/19 | in funds | 31/3/20 | ||||||||
| E | E | E | ||||||||
| Unrestricted General fund |
funds | 128,428 | 43,057 | 171,485 | ||||||
| TOTAL | FUNDS | 128,428 | 43,057 | 171,485 | ||||||
| Comparative | net movement | in funds, | included | in the above are | as follows: | |||||
| Incoming | Resources | Movement | ||||||||
| resources | expended | in funds | ||||||||
| E | E | |||||||||
| Unrestricted General fund |
funds | 672,493 | (629,436) | 43,057 | ||||||
| TOTAL | FUNDS | 672,493 | (629,436) | 43,057 |
| A current year | 12months and prior year 12m | onths combined position is as follows: |
||
|---|---|---|---|---|
| Net | ||||
| movement | At | |||
| Al 1/4/19 6 |
in funds | 31/3/21 I |
||
| Unrestricted General fund |
funds | 128,428 | 13,694 | 142I122 |
| TOTAL FUNDS | 128,428 | 13,694 | 142,122 |
| A current year as follows: |
12 months and prior year 12 |
months combined net movement in |
funds, included i |
n the above |
|---|---|---|---|---|
| Incoming | Resources | Movement | ||
| resources I |
expended 6 |
in funds I |
||
| Unrestricted General fund |
funds | 1,203,480 | (1,189,786) | 13I694 |
| TOTAL FUNDS | 1,203,480 | (1,189,786) | 13,694 |