##
|||Page||
|---|---|---|---|
|Report ofthe Trustees|1|to|6|
|Report ofthe Independent
Auditors|7|to|9|
|Statement ofFinancial Activities||10||
|Balance Sheet||||
|Cash Flow Statement||12||
|Notes to the Cash Flow Statement||13||
|Notes to the Financial Statements|14|to|23|
|Detailed Statement of Financial Activities|24|to|25|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|FOR THE YEAR EN|DED 31MARCH 202|1|||||
|---|---|---|---|---|---|---|
||||||31.3.21|31.3.20|
||||Unrestricted|Restricted|Total|Total|
||||funds|funds|funds|funds|
|||Notes|||||
|INCOME AND ENDOWMENTS FROM|||||||
|Donations
and legacies|||74,529||74,529|607,174|
|Charitable
activities
Friendship
Group/Elders
Day Care
Making Sense of Dementia
OPAL/ArtSpeak|||70,579|25,703
131,146|70,579
25,703
131,146|241,060
3,536
111,789|
|Other trading activities
Investment
income|||99,800
87||99,800
87|25,959
802|
|Other income|||22,890|47,011|69,901||
|Total|||267,885|203,860|471,745|990,320|
|EXPENDITURE ON|||||||
|Raising funds|||1,277||1,277|4,000|
|Charitable
activities|||||||
|Friendship
Group/Elders
Day Care
Making Sense of Dementia
New Build Project Fund
OPAL/ArtSpeak|||190,115|19,492
66,856|190,115
19,492
66,856|304,651
31,273
7,136
72,547|
|Other|||65,367||65,367|311,299|
|Total|||256,759|86,348|343,107|730,906|
|NET INCOME|||11,126|117,512|128,638|259,414|
|RECONCILIATION|OF FUNDS||||||
|Total funds brought
forward|||503,376|143,377|646,753|387,339|
|TOTAL FUNDS CARRIED FORWARD|||514,502|260,889|775,391|646,753|
##
##
|BALANCESHEET
31MARCH 2021|||||||
|---|---|---|---|---|---|---|
||||||31.3.21|31.3.20|
||||Unrestricted|Restricted|Total|Total|
||||funds|funds|funds|funds|
|||Notes|||||
|FIXEDASSETS|||||||
|Tangible assets||14|600,718||600,718|436,127|
|CURRENT ASSETS|||||||
|Stocks||15|300||300|300|
|Debtors||16|21,258||21,258|24,947|
|Cash at bank and in hand|||45,143|260,889|306,032|204,528|
||||66,701|260,889|327,590|229,775|
|CREDITORS|||||||
|Amounts
falling due within|one year|17|(41,969)||(41,969)|(19,149)|
|NET CURRENT ASSETS|||24,732|260,889|285,621|210,626|
|TOTAL ASSETSLESSCURRENT|||||||
|LIABILITIES|||625,450|260,889|886,339|646,753|
|CREDITORS|||||||
|Amounts
falling due after more than one year||18|(110,948)||(110,948)||
|NET ASSETS|||514,502|260,889|775,391|646,753|
|FUNDS||22|||||
|Unrestricted
funds:|||||||
|General fund|||||514,502|501,909|
|New Build Project Fund||||||1,467|
||||||514,502|503,376|
|Restricted funds:|||||||
|Making Sense ofDementia
OPAL/ArtSpeak|||||24,273
236,616|3,774
139,603|
||||||260,889|143,377|
|TOTAL FUNDS|||||775,391|646,753|
##
|CASH FLOW STATEM
FORTHE YEAR ENDE|ENT
D 31MARC|H 2|021|||
|---|---|---|---|---|---|
|||||31.3.21|31.3.20|
||||Notes|||
|Cash flows from operating
activities
Cash generated
from operations
Interest paid||||220,641
(2,547)|573,644
(769)|
|Net cash provided
by operating
activities||||218,094|572,875|
|Cash flows from investing
Purchase oftangible fixed
Interest received|activities
assets|||(236,677)
87|(626,389)
802|
|Net cash used in investing|activities|||(236,590)|(625,587)|
|Cash flows from financing|activities|||||
|New loans in year||||120,000||
|Net cash provided
by financing
activities||||120,000||
|Change
in cash and cash
the reporting
period|equivalents|in||101,504|(52,712)|
|Cash and cash equivalents
beginning
ofthe reporting|at the
period|||204,528|257,240|
|Cash and cash equivalents
the reporting
period|at the end|of||306,032|204,528|
##
##
##
|TO THE CASH FLOW STATEMENT
HE YEAR ENDED 31MARCH 2021|||
|---|---|---|
|RECONCILIATION
OFNET INCOME TO NET CASH FLOW FROM|OPERATING ACTIVITIES||
||31.3.21|31.3.20|
|Net income for the reporting
period (as per the Statement ofFinancial
Activities)|128,638|259,414|
|Adjustments
for:
Depreciation
charges
Loss on disposal of fixed assets
Interest received|9,266
(87)|694
5,934
(802)|
|Interest paid
Impairment
losses
Decrease in debtors|2,547
62,820
3,689|769
310,530
16,686|
|Increase/(decrease)
in creditors|13,768|(19,581)|
|Net cash provided
by operations|220,641|573,644|
|ANALYSIS OF CHANGES IN NET FUNDS|||
|ANALYSIS OF CHAN|GES IN NET FUNDS||||
|---|---|---|---|---|
|||At 1.4.20|Cash flow|At 31.3.21|
|Net cash|||||
|Cash at bank and in hand||204,528|101,504|306,032|
|||204,528|101,504|306,032|
|Debt|||||
|Debts falling due within
Debts falling due after I|1 year
year||(9,052)
(110,948)|(9,052)
(110,948)|
||||(120,000)|(120,000)|
|Total||204,528|(18,496)|186,032|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|DONATIONS|AND LEGACIES|||
|---|---|---|---|
|||31.3.21|31.3.20|
|Donations||74,529|607,174|
|OTHER TRADING ACTIVITIES||31.3.21|31.3.20|
|Meals, transport
Fund raising
Shop takings
Other income|and outings|9,927
3
6
89,864|15,656
2,677
948
6,678|
|||99,800|25,959|
##
##
##
|5.|INVESTMENT INCOME|INVESTMENT INCOME||||31.3.21|31.3.20|
|---|---|---|---|---|---|---|---|
||Deposit account interest|||||87|802|
||INCOME FROM CHARITABLE ACTIVITIES|||||31.3.21|31.3.20|
||Attendance
Fees
Seated exercise|Activity
Friendship
Friendship|Group/Elders
Group/Elders|Day Care
Day Care||70,579|230,400
10,660|
||Dementia
information|||||||
||programme
Arts and Crafts|Making Sense ofDementia
OPAL/ArtSpeak||||25,703
131,146|3,536
111,789|
|||||||227,428|356,385|
|7.|RAISING FUNDS|||||||
||Other trading activities|||||31.3.21|31.3.20|
||Purchases||||||806|
||Events and coffee|||||940|2,273|
||Fund raising costs
Craft materials|||||267
70|372
549|
|||||||1,277|4,000|
|8.|CHARITABLE ACTIVITIES COSTS|||||||
|||||||Support||
||||||Direct|costs (see||
||||||Costs|note 9)|Totals|
||Friendship
Group/Elders
Day Care
Making Sense of Dementia
OPAL/ArtSpeak||||176,683
19,492
66,856|13,432|190,115
19,492
66,856|
||||||263,031|13,432|276,463|
##
##
|SUPPORT COSTS|||
|---|---|---|
|||Governance|
|||costs|
|Friendship
Group/Elders
Day Care||13,432|
|NET INCOME/(EXPENDITURE)|||
|Net income/(expenditure)
is stated after charging/(crediting):|||
||31.3.21|31.3.20|
|Auditors'
remuneration|1,290|1,260|
|Depreciation
-owned assets
Deficit on disposal offixed assets
Employee
emoluments
Accountancy
fees
Operating
lease payments - Other
Trustees indemnity
insurance|9,266
189,598
5,488
3,086
355|695
5,934
252,931
4,777
1,529
315|
##
##
##
##
|STAFFCOSTS||||||
|---|---|---|---|---|---|
|||||31.3.21|31.3.20|
|Wages and salaries
Social security costs
Other pension costs||||186,055
9,431
3,543|248,382
15,139
4,549|
|||||199,029|268,070|
|The average monthly|number ofemployees|during|the year was as follows:|||
|||||31.3.21|31.3.20|
|Employees||||10|16|
##
##
|TANGIBLE FIXED ASSETS|||||
|---|---|---|---|---|
||Freehold|Asset|Fixtures,||
||land &|under|fittings||
||buildings|construction|&equipment|Totals|
|COST|||||
|At 1 April 2020
Additions|120,268|315,859
233,463|3,214|436,127
236,677|
|Impairments
Reclassification|(62,820)
442,552|(549,322)|106,770|(62,820)|
|At 31 March 2021|500,000||109,984|609,984|
|DEPRECIATION|||||
|Charge for year|3,797||5,469|9,266|
|NET BOOK VALUE|||||
|At 31 March 2021|496,203||104,515|600,718|
|At 31 March 2020|120,268|315,859||436,127|
##
|STOCKS|||||
|---|---|---|---|---|
||||31.3.21|31.3.20|
|Stocks|||300|300|
|Stock recognised|during|the year as an expense was NIL (2020 -f806).|||
|DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR|||||
||||31.3.21|31.3.20|
|Other debtors|||9,463|24,947|
|Prepayments|||11,795||
||||21,258|24,947|
##
##
|FOR|THE YEAR ENDED 31MARCH 2021|THE YEAR ENDED 31MARCH 2021||||
|---|---|---|---|---|---|
|17.|CREDITORS: AMOUNTS FALLING DUE WITHIN||ONE YEAR|||
|||||31.3.21|31.3.20|
||Bank loans and overdrafts
(see note 19)|||9,052||
||Other creditors|||27,614|15,048|
||Accruals
and deferred income|||5,303|4,101|
|||||41,969|19,149|
|18.|CREDITORS: AMOUNTS FALLING DUE AFTER||MORE THAN ONE YEAR|31.3.21|31.3.20|
||Bank loans (see note 19)|||110,948||
|19.|LOANS|||||
||An analysis ofthe maturity ofloans is given below:|||||
|||||31.3.21|31.3.20|
||Amounts
falling due within one year on demand:
Bank loans|||9,052||
||Amounts
falling between one and two years:
Bank loans - 1-2 years|||12,657||
||Amounts
falling due between two and five years:|||||
||Bank loans -2-5 years|||38,338||
||Amounts
falling due in more than five years:|||||
||Repayable
by instalments:
Bank loans more 5 yr by instal|||59,953||
|20.|LEASING AGREEMENTS|||||
||Minimum
lease payments
under non-cancellable|operating|leases fall due as follows:|||
|||||31.3.21|31.3.20|
||Within one year
Between one and five years|||2,867
5,830|1,529
382|
|||||8,697|1,911|
##
##
||The following||secured debts are included|within creditors:||||
|---|---|---|---|---|---|---|---|
|||||||31.3.21|31.3.20|
||Bank loan|||||70,000||
||The bank loan||is secured by charges over the freehold property.|||||
|22.|MOVEMENT||IN FUNDS|||||
||||||Net|Transfers||
||||||movement|between|At|
|||||At 1.4.20|in funds|funds|31.3.21|
||Unrestricted|funds||||||
||General fund|||501,909|(16,654)|29,247|514,502|
||New Build Project Fund|||1,467|27,780|(29,247)||
|||||503,376|11,126||514,502|
||Restricted funds|||||||
||Making Sense
OPAL/ArtSpeak||of Dementia|3,774
139,603|20,499
97,013||24,273
236,616|
|||||143,377|117,512||260,889|
||TOTAL FUNDS|||646,753|128,638||775,391|
|Net movement
in funds, included
in the above a|re as follows:|||
|---|---|---|---|
||Incoming|Resources|Movement|
||resources|expended|in funds|
|Unrestricted
funds||||
|General fund|240,105|(256,759)|(16,654)|
|New Build Project Fund|27,780||27,780|
||267,885|(256,759)|11,126|
|Restricted funds
Making Sense of Dementia
OPAL/ArtSpeak|39,991
163,869|(19,492)
(66,856)|20,499
97,013|
||203,860|(86,348)|117,512|
|TOTAL FUNDS|471,745|(343,107)|128,638|
##
##
##
##
|||||Net|Transfers||
|---|---|---|---|---|---|---|
|||||movement|between|At|
||||At 1.4.19|in funds|funds|31.3.20|
|Unrestricted||funds|||||
|General|fund||209,158|(333,830)|626,581|501,909|
|New Build Project Fund|||46,309|581,739|(626,581)|1,467|
||||255,467|247,909||503,376|
|Restricted funds|||||||
|Making Sense of Dementia
OPAL/ArtSpeak|||31,512
100,360|(27,738)
39,243||3,774
139,603|
||||131,872|11,505||143,377|
|TOTAL|FUNDS||387,339|259,414||646,753|
|Comparative
net movement
in funds, included
in|the above are as follows:|||
|---|---|---|---|
||Incoming|Resources|Movement|
||resources|expended|in funds|
|Unrestricted
funds||||
|General
fund|286,311|(620,141)|(333,830)|
|New Build Project Fund|588,684|(6,945)|581,739|
||874,995|(627,086)|247,909|
|Restricted funds||||
|Making Sense of Dementia
OPAL/ArtSpeak|3,536
111,789|(31,274)
(72,546)|(27,738)
39,243|
||115,325|(103,820)|11,505|
|TOTALFUNDS|990,320|(730,906)|259,414|
##
##
##
|A current year|12 months
and prior year|12 months
combined
posi|tion is as follo|ws:|||
|---|---|---|---|---|---|---|
||||Net||Transfers||
||||movement||between|At|
|||At 1.4.19|in funds|.|funds|31.3.21|
|Unrestricted|funds||||||
|General fund||209,158|(350,484)||655,828|514,502|
|New Build Project Fund||46,309|609,519||(655,828)||
|||255,467|259,035|||514,502|
|Restricted funds|||||||
|Making Sense of Dementia
OPAL/ArtSpeak||31,512
100,360|(7,239)
136,256|||24,273
236,616|
|||131,872|129,017|||260,889|
|TOTAL FUNDS||387,339|388,052|||775,391|
|A current
year 12 months
and prior year 12 m
as follows:|onths
combined
net movement
in|funds,
included
|in the above
|
|---|---|---|---|
||Incoming|Resources|Movement|
||resources|expended|in funds|
|Unrestricted
funds||||
|General fund|526,416|(876,900)|(350,484)|
|New Build Project Fund|616,464|(6,945)|609,519|
||1,142,880|(883,845)|259,035|
|Restricted funds||||
|Making Sense of Dementia
OPAL/ArtSpeak|43,527
275,658|(50,766)
(139,402)|(7,239)
136,256|
||319,185|(190,168)|129,017|
|TOTAL FUNDS|1,462,065|(1,074,013 )|388,052|
##
|||31.3.21|31.3.20|
|---|---|---|---|
|INCOME AND ENDOWMENTS||||
|Donations
and legacies
Donations||74,529|607,174|
|Other trading
activities
Meals, transport
and outings
Fund raising
Shop takings
Other income||9,927
3
6
89,864|15,656
2,677
948
6,678|
|||99,800|25,959|
|Investment
income||||
|Deposit account interest||87|802|
|Charitable
activities||||
|Attendance
Fees||70,579|230,400|
|Seated exercise|||10,660|
|Dementia
information
Arts and Crafts|programme|25,703
131,146|3,536
111,789|
|||227,428|356,385|
|Other income||||
|Job Retention
Scheme|Grant|68,859||
|Loan interest||1,042||
|||69,901||
|Total incoming
resources||471,745|990,320|
|EXPENDITURE||||
|Other trading
activities
Shop purchases
Events and coffee||940|806
2,273|
|Fund raising costs
Craft materials||267
70|372
549|
|||1,277|4,000|
|Charitable
activities||||
|Wages
Social security
Pensions||132,419
9,431
3,316|170,451
15,139
2,248|
|Rent, rates and water
Gas and electricity
Telephone
and internet
Carried forward||(1,306)
1,322
1,676
146,858|13,374
2,007
2,937
206,156|
##
##
|FORTHE YEAR END|ED 3|1MARCH 2021|||
|---|---|---|---|---|
||||31.3.21|31.3.20|
|Charitable
activities|||||
|Brought forward
Printing,
postage and stationery
Advertising
Sundries|||146,858
37
5,597
1,737|206,156
1,635
927
4,703|
|Meals, transport
and outings
Volunteer
expenses
Motor and travelling
Repairs and renewals
Christmas
gifts
Training
Dementia
Information|||4,771
74
8,147
172
24
19,492|61,598
254
33
8,329
403
2,968
31,273|
|Seated exercise||||2,240|
|OPAL - ArtSpeak
Relocation costs|||66,856|72,547
6,044|
|Office costs||||2,932|
|Depreciation oftangible
Loss on sale oftangible|fixed assets
fixed assets||9,266|694
5,934|
||||263,031|408,670|
|Other
Impairment
losses for tangible
Bank interest||fixed assets|62,820
1,505|310,530
769|
|Bank loan interest|||1,042||
||||65,367|311,299|
|Support costs|||||
|Governance
costs|||||
|Auditors'
remuneration|||1,290|1,260|
|Accountancy
fees
Professional
fees|||2,428
9,714|4,777
900|
||||13,432|6,937|
|Total resources expended|||343,107|730,906|
|Net income|||128,638|259,414|