|||Page||
|---|---|---|---|
|Report ofthe Trustees|1|to|5|
|Independent
Examiner's
Report||||
|Statement ofFinancial Activities||||
|Balance Sheet|8|to|9|
|Notes to the Financial Statements|10|to|17|
|Detailed Statement ofFinancial Activities|18|to|19|
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||||||2020|2019|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||funds|funds|funds|funds|
|||Notes|||||
|INCOME AND ENDOWMENTS FROM|||||||
|Donations
and legacies|||17,182||17,182|27,682|
|Other trading activities|||117,092||117,092|155,993|
|Investment
income|||333||333|204|
|Grants receivable|||23,584||23,584||
|Total|||158,191||158,191|183,879|
|EXPENDITURE ON|||||||
|Raising funds|||45,334||45,334|63,241|
|Charitable
activities|||||||
|Overheads|||138,181|1,073|139,254|129,213|
|Total|||183,515|1,073|184,588|192,454|
|NET INCOME/(EXPENDITURE)|||(25,324)|(1,073)|(26,397)|(8,575)|
|RECONCILIATION|OF FUNDS||||||
|Total funds brought|forward||840,535|460,615|1,301,150|1,309,725|
|TOTAL FUNDS CARRIED FORWARD|||815,211|459,542|1,274,753|1,301,150|
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|||||2020|2019|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|funds|
||Notes|||||
|FIXEDASSETS||||||
|Tangible assets|12|654,338|456,043|1,110,381|1,129,795|
|Investments|13|1||1|1|
|||654,339|456,043|1,110,382|1,129,796|
|CURRENT ASSETS||||||
|Stocks|14|2,333||2,333|2,330|
|Debtors|15|48,548||48,548|72,580|
|Cash in hand||119,011|3,499|122,510|122,845|
|||169,892|3,499|173,391|197,755|
|CREDITORS||||||
|Amounts
falling due within one year|16|(9,020)||(9,020)|(26,401)|
|NET CURRENT ASSETS||160,872|3,499|164,371|171,354|
|TOTAL ASSETSLESSCURRENT||||||
|LIABILITIES||815,211|459,542|1,274,753|1,301,150|
|NET ASSETS||815,211|459,542|1,274,753|1,301,150|
|FUNDS|17|||||
|Unrestricted
funds||||815,211|840,535|
|Restricted funds||||459,542|460,615|
|TOTAL FUNDS||||1,274,753|1,301,150|
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|DONATI|ONS
AND|LEGACIES|||
|---|---|---|---|---|
||||2020|2019|
|Donations|||4,250|2,232|
|Gift aid|||1,158|943|
|Donation|f'rom trading|sub|11,774|24,507|
||||17,182|27,682|
|OTHER|TRADING|ACTIVITIES|||
||||2020|2019|
|Fundraising
events|||66,966|78,548|
|Hall and|facilities hire||23,737|37,768|
|Bar and Cafe|||26,389|39,677|
||||117,092|155,993|
|INVESTMENT INCOME|||||
||||2020|2019|
|Interest receivable - trading|||333|204|
##
||Other trading|activities||||||||
|---|---|---|---|---|---|---|---|---|---|
|||||||||2020|2019|
||Purchases
Bad debts|||||||47,554
132|63,241|
|||||||||47,686|63,241|
|7.|CHARITABLE|ACTIVITIES COSTS||||||||
||||||||Direct|Support||
||||||||Costs|costs|Totals|
||Overheads||||||81,807|57,447|139,254|
|8.|NET INCOME/(EXPENDITURE)|||||||||
||Net income/(expenditure)||is|stated|after charging/(crediting):|||||
|||||||||2020|2019|
||Depreciation - owned assets|||||||32,763|33,304|
||The Independent|Examiners'||remuneration||was K1,850 (2019:K2,100).||||
|9.|TRUSTEES' REMUNERATION||||AND|BENEFITS||||
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||||||2020|2019|
|---|---|---|---|---|---|---|
|Wages and salaries|||||52,179|42,101|
|Social security|costs||||725||
|Other pension|costs||||1,131|712|
||||||54,035|42,813|
|The average monthly||number ofemployees||during the year was as follows:|||
||||||2020|2019|
|Employee|||||9|8|
|No employees|received emoluments||in excess of$60,000.||||
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|ta numbers
in 2020 include 2 (2019:2) employees
who work both in the trading
costs related to trading activities are cross-charged
to the trading
company.|ta numbers
in 2020 include 2 (2019:2) employees
who work both in the trading
costs related to trading activities are cross-charged
to the trading
company.|subsidiary.
T|he
employment|
|---|---|---|---|
|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES||||
||Unrestricted|Restricted|Total|
||funds|funds|funds|
|INCOME AND ENDOWMENTS FROM||||
|Donations
and legacies|27,682||27,682|
|Other trading activities
Investment
income|155,993
204||155,993
204|
|Total|183,879||183,879|
|EXPENDITURE ON||||
|Raising funds|63,241||63,241|
|Charitable
activities||||
|Overheads|111,329|17,884|129,213|
|Total|174,570|17,884|192,454|
|NET INCOME/(EXPENDITURE)|9,309|(17,884)|(8,575)|
|RECONCILIATION
OF FUNDS||||
|Total funds brought
forward|831,226|478,499|1,309,725|
|TOTAL FUNDS CARRIED FORWARD|840,535|460,615|1,301,150|
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||||Freehold|Plant and||
|---|---|---|---|---|---|
||||property|machinery|Totals|
||COST|||||
||At 1 September 2019||1,209,630|145,960|1,355,590|
||Additions||7,441|5,908|13,349|
||Reclassification||(625)|625||
||At 31August 2020||1,216,446|152,493|1,368,939|
||DEPRECIATION|||||
||At 1 September 2019||125,199|100,596|225,795|
||Charge for year||18,086|14,677|32,763|
||At 31August 2020||143,285|115,273|258,558|
||NET BOOK VALUE|||||
||At 31August 2020||1,073,161|37,220|1,110,381|
||At 31August 2019||1,084,431|45,364|1,129,795|
|13.|FIXEDASSETINVESTMENTS|||||
||||||Shares in|
||||||group|
||||||undertakings|
||MARKET VALUE|||||
||At 1 September 2019and|31August 2020||||
||NET BOOK VALUE|||||
||At 31August 2020|||||
||At 31August 2019|||||
||There were no investment|assets outside the UK.||||
|14.|STOCKS|||||
|||||2020|2019|
||Stocks|||2,333|2,330|
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|DEBTORS:|A|MOUN|TS FALL|ING DUE WITHIN ONE Y|EAR|||
|---|---|---|---|---|---|---|---|
|||||||2020|2019|
|Trade debtors||||||328|5,242|
|Amounts
owed||by group undertakings||||38,458|62,568|
|Other debtors||||||1,940|1,940|
|Prepayments|and accrued income|||||7,822|2,830|
|||||||48,548|72,580|
|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE|||||YEAR|||
|||||||2020|2019|
|Trade creditors||||||2,283|11,350|
|Social security||and other taxes||||898|436|
|Other creditors||||||910|534|
|Accrued expenses||||||4,929|14,081|
|||||||9,020|26,401|
|MOVEMENT||IN FUNDS||||||
|||||||Net||
|||||||movement|At|
||||||At 1.9.19|in funds|31.8.20|
|Unrestricted|funds|||||||
|General fund|||||840,535|(27,324)|813,211|
|Barry Philips|Memorial||Fund|||2,000|2,000|
||||||840,535|(25,324)|815,211|
|Restricted funds||||||||
|Building
fund|||||460,615|(1,073)|459,542|
|TOTAL FUNDS|||||1,301,150|(26,397)|1,274,753|
|Net movement||in funds,|included|in the above are as follows:||||
||||||Incoming|Resources|Movement|
||||||resources|expended|in funds|
|Unrestricted|funds|||||||
|General fund|||||156,191|(183,515)|(27,324)|
|Barry Philips|Memorial||Fund||2,000||2,000|
||||||158,191|(183,515)|(25,324)|
|Restricted
funds||||||||
|Building
fund||||||(1,073)|(1,073)|
|TOTAL FUNDS|||||158,191|(184,588)|(26,397)|
##
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||||||||Net||
|---|---|---|---|---|---|---|---|---|
||||||||movement|At|
|||||||At 1.9.18|in funds|31.8.19|
|Unrestricted||funds|||||||
|General|fund|||||831,226|9,309|840,535|
|Restricted funds|||||||||
|Building|fund|||||478,499|(17,884)|460,615|
|TOTAL|FUNDS|||||1,309,725|(8,575)|1,301,150|
|Comparative||net movement||in funds, included|in the above are as follows:||||
|||||||Incoming|Resources|Movement|
|||||||resources|expended|in funds|
|Unrestricted||funds|||||||
|General|fund|||||183,879|(174,570)|9,309|
|Restricted
funds|||||||||
|Building|fund||||||(17,884)|(17,884)|
|TOTAL|FUNDS|||||183,879|(192,454)|(8,575)|
|A current|year 12months||and prior year 12months|||combined position is as follows:|||
||||||Net||
|---|---|---|---|---|---|---|
||||||movement|At|
|||||At 1.9.18|in funds|31.8.20|
|Unrestricted||funds|||||
|General|fund|||831,226|(18,015)|813,211|
|Barry Philips||Memorial|Fund||2,000|2,000|
|||||831,226|(16,015)|815,211|
|Restricted
funds|||||||
|Building|fund|||478,499|(18,957)|459,542|
|TOTAL|FUNDS|||1,309,725|(34,972)|1,274,753|
##
|||Incoming|Resources|Movement|
|---|---|---|---|---|
|||resources|expended|in funds|
|Unrestricted
funds|||||
|General fund
Barry Philips Memorial|Fund|340,070
2,000|(358,085)|(18,015)
2,000|
|Restricted
funds||342,070|(358,085)|(16,015)|
|Building
fund|||(18,957)|(18,957)|
|TOTAL FUNDS||342,070|(377,042)|(34,972)|
|Designated
Funds|||||
##
##
|||2020|2019|
|---|---|---|---|
|INCOME AND ENDOWMENTS||||
|Donations
and legacies||||
|Donations
Gift aid
Donation from trading|sub|4,250
1,158
11,774|2,232
943
24,507|
|||17,182|27,682|
|Other trading activities||||
|Fundraising
events
Hall and facilities hire
Bar and Cafe||66,966
23,737
26,389|78,548
37,768
39,677|
|||117,092|155,993|
|Investment
income||||
|Interest receivable - trading||333|204|
|Grants receivable||||
|Government
grants||23,584||
|Total incoming resources||158,191|183,879|
|EXPENDITURE||||
|Other trading activities||||
|Purchases
Bad debts||47,554
132|63/41|
|||47,686|63+41|
|Charitable
activities||||
|Wages
Social security||52,179
725|42,101|
|Pensions
Rates and water||1,131
890|712
627|
|Insurance
Light and heat
Telephone||9,094
8,125
448|8,140
7,067
452|
|Advertising
Computer
expenses||5,530
3,685|3,307
2,164|
|||81,807|64,570|
|Support costs||||
|Management||||
|Depreciation oftangible and heritage assets||32,763|33,304|
##
||for the Year Ende|d 31August 2020||
|---|---|---|---|
|||2020|2019|
|Management||||
|Information|technology|||
|Repairs and renewals||6,615|13,015|
|Other||||
|Cleaning
Postage and stationery||4,332
478|5,126
884|
|Sundries||1,648|1,154|
|||6,458|7,164|
|Governance|costs|||
|Accountancy|fees|9,259|11,160|
|Total resources|expended|184,588|192,454|
|Net expenditure||(26,397)|(8,575)|