2021-03-31-accounts - Merton Voluntary Association For The Blind

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		Page
Legal and administrative information
Report ofthe Trustees		2to11
Report ofthe Independent Examiner		12
Statement of Financial Activkies		13
Balance Sheet		14
Notes tothe Financial Statements		15to26
Detailed Income and Expenditure	Account	26 to28

are set out in Note 12 to th follows:-	e accounts. The	Trustees serving du
H A Cowd (Chairman)
SJ Moore (Treasurer)
R G Benjamin
R F Bownan	Appointed	26 November 2020
W A Busbridge
SR DCoates
N Gibson	Appointed	26 November 2020
M Jurgens	Appointed	26 November 2020
H McAuley	Appointed	26 November 2020
VA Morrison
F P Pugh
SScott	Appointed	26 November 2020

ca	n be met.	n be met.
~	Merton Clinical Commissioning		Group	MVSC
~	LBM Library service			RSBC
~	LBM Social services			London Vision
~	LBM Education Dept			Sight For Surrey
~	Moorfields NHS Trust			Linden Lodge
~	Merton Public Health	Team		Wandsworth Commissioning	Team
~	LBM Ageing Well Programme		Phase 2	Vision Foundation
~	Wimbledon Guild ofSocial Welfare			Wimbledon Foundation
~ ~	Age UK Merton Merton Community Transport			Commonside Trust Merton Chamber ofCommerce
~	Safer Neighbourhood	team		Wimbledon Dona
~	Merton Asian Elderly	group		Merton Mutual Aid
~	Thomas Pocklington	Trust		Sutton Vision
				Croydon Vision

					2021	2020
			Unrestricted	Restricted	Total	Total
		Notes	Funds f	Funds f	Funds f	Funds f
INCOME
Income and endowments	from:
Donations and legacies			10,198		10,198	46,317
Income from chadtable activities:
Grants			183,802	48,838	232,640	124,794
Charitable Activities			10,089		10,089	35,476
Contracted services			139,989		139,989	126,726
Other trading activities: Fundraising and events			293		293	8,915
Investmentincome			360		360	514
Total Income			344,731	48,838	393,569	342,742
EXPENDITURE ON:
Raising funds			737		737	3,243
Charitable activities:
Charity Activities			~319743	~39 781	~359524	~391038
Total expenditure			~320480	~39781	~360261	~394281
NET Incomel(expenditure)	before transhus		24,251	9,057	33,308	(51,539)
Transfers between funds			~3490)	~3490
NET Incomel(expenditure)	alter transfers		20,761	12,547	33,308	(51,539)
RECONCILIATION OF FUNDS		19
Total funds brought forward			529,066	16,232	545,298	596,837
TOTAL FUNDS CARRIED	FORWARD		549,827	28,779	578,606	545,298

INCOME RESOURCES FROM	CHARITA	BLE ACTIVI	TIES
Grants			Activity Grants		2021 232,640	2020 f 124,794
Activities fees			Charitable	Activities		2,720
Awareness training Catering income Hall Hire			Chaditabh Charitable Charitable	Activities Activities Activities	9,550	1,735 4,810 20,471
Members dub sales			Charitable	Activities		2,857
Other income			Charitable	Activities	372	364
Resales			Charitable	Activities	267	1,204
Transport charges Access toWork			Charitable Contracted	Activities services	(100) 34,429	1,315 23,226
Maintenance of LBM register Meiton Clinical Commissioning Group (CCG) Moorfields Eye Hospital NHS Foundation Trust Rehabilitation Charges			Contracted Contracted Contracted Contracted	services services services services	1,238 2,172 23,857 ~78293	1,238 2,040 23,857 ~76 365
					~382 718	~286 996
Grants received, induded In the	above, are as follows:
					2021 f	2020 f
Vision Foundation for London (formally GLFB) London Borough ofMerton London Borough of Merton —Winter Lunch Club (restricted grant) Wimbledon Foundation (restricted grant) The National Lottery Community Fund					90,000 54,715 25,000 18,097	22,400 54,715 1,000 25,000
The London Community Foundation (restricted grant) HMRC Furlough Grants Wimbledon Foundation Coronavirus Fund Grant					19,994 15,564 5,000	559
DWP - Access to Work (restricted grant) BBCChildren in Need (restricted grant) Thomas Pocklington Trust Grants to Individuals (restricted) Other Small Grants					3,844 426	13,717 4,830 1,000 1,448 125
					~232 640	124 794
FUNDRAISING AND EVENTS
					2021 f	2020 f
Fundraising events MVAB Lottery 100Club					269 24	7,961 270 684
					293	8,915
All ofthe Charity's Fundraising	income of	f293(2020:f8,915)is unrestricted
INVESTMENT INCOME
					2021 f	2020 f
Deposit account interest Investment income					176 184	226 288
					360	514

RAISING FUNDS COST	S
						2021	2020
						6	6
Publicity and fundraising	cost					737	2,743
100club prizes							500
						737	~3243
CHARITABLE ACTIVITIES COSTS
			Direct	Governance		2021	2020
			costs	costs		Totals	Totals
			6			6
Charity Activities			352,411	7	113	359,524	~391038
TOTALFUNDS			~352 411	~7113		~359 524	~391038
ANALYSIS OF DIRECT	COSTS
						2021	2020
			Unrestricted 6	Reshfcted f		Totals E	Totals 6
Wages and salaries Other staff costs			274,717 3,746	22,991 2,600		297,708 6,346	269,728 44,848
Volunteer expenses Direct project costs Premises costs			48 1,427 18,930	2,520 8,540		48 3,947 27,470	629 11,293 35,446
Olfice costs Grants paid to individuals			13,762	2,916 214		16,678 214	19,746 ~1234
TOTALFUNDS			~312 630	~39	781	~352 411	~382 924
GOVERNANCE COSTS
						2021	2020
						6	6
Accountancy HR fees						1,200 2,863	1,350 2,869
Independent Examiner fess Legal fees Payroll fees Subscriptions and fees						1,850 13 360 827	1,850 13 360 ~1672
						~7113	8,114
NET INCOMINGI(OUTGOING)		RESOURCES
Net resources are stated	after	charging/(crediting):
						2021	2020
							6
Independent Examiner' fees Depreciation - owned assets						1,850 ~6610	1,850 3,752

		2021	2020
		No:	No:
Senior Other	Management Team Direct Charitable Staff	2 12	2 12
		14	14

TANGIBLE FIXEDASSETS
	Freehold	Fixtures and			Computer
	property	fittings f	Motor vehicles f		equipment f	Totals f
COST
At 1 April 2020 Additions Disposals	108,541	37,800	27,295		86,896 2,273 ~7001)	260,532 2,273 ~7001)
At 31 March 2021	~108541	37,800	~2?	295	~82 168	~255804
DEPRECIATION
At 1 April 2020 Charge for year	58,521	35,466 583	26,526 154		81,332 5,873	201,845 6,610
Eliminated on disposal
At 31 March 2021	~58 521		26,680		80,204	201,454
NET BOOK VALUE At 31March 2021	~50 020	~1751		615	~1964	~54 350
At 31March 2020	~50 020	~2334		769	~5564	~5B 687

FIXEDASSET INVESTM	ENTS
		2021	2020 f
National Savings Income	Bonds —valued at cost	~25 000	25,000
DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
		2021 f	2020 f
Other debtors 8accrued	income	22,571	33,694
Prepayments		~9535	~11564
		~32 106	45,258
CREDITORS: AMOUNTS	FALLING DUE WITHIN ONE YEAR
		2021 f	2020 f
Trade creditors		722	eee
Other creditors		95	242
Accruals		11,760	13,688
		12,577	14,798

MOVEMENT IN FUNDS
				Net	Transfers
Current Year			At 1/4/20	movement in	between funds	At 31/3/21
				funds
				8
Unrestricted funds
General fund			312,612	26,035	(170,117)	168,530
Designated —Emily Wells Memorial Fund Designated —General Building Maintenance Designated —Gym Equipment Designated —Hall Refurbishment Designated —High Tech Loan Equipment Designated —ITand other Equipment Designated —Minibus Designated —Removal Costs Designated —Resource Room Equipment Designated —Social Club Refurbishment			51,526 105,915 10,640 33,373 15,000	(1,784)	15,000 15,000 45,000 21,627 20,000 15,000 35,000	51,526 104,131 15,000 10,640 15,000 45,000 55,000 20,000 15,000 50,000
			529,066	24,251	(3,490)	549,827
Restricted funds
Access toWork Dora and Leslie Barter Conservatory Eye Can Do It Grants to Individuals		Fund	5,564 6,250 775 214	(3,600) (4,265) (214) 3,490		1,964 6,250
Hearing Impaired ChiMren The London Community Foundation Wimbledon Foundation			454 2975	14,461 ~2675		454 14,461 ~5650
			16,232	9,057	3,490	28,779
TOTALFUNDS			~545 298	~33 308		~578 606
Net movement in funds, induded	in	the above am as follows:
				Incoming	Resources	Movement in
				resources	expended	funds
					6
Unrestricted funds
General fund Designated —General Building	Maintenance			344,731	(318,696) ~1784)	26,035 ~1,784)
				344,731	(320,480)	24,251
Restrlctedfunds
Access toWork				3,844	(7,444)	(3,600)
Eye Can Do It Grants to Individuals					(4,265) (214)	(4,265) (214)
Hearing Impaired Children The London Community Foundation Wimbledon Foundation				19,994 25,000	(5,533) ~22 325)	14,461 2,675
				48,838	(39,781)	9,057
TOTAL FUNDS				393,569	~360261)	33,308

MOVEMENT IN FUNDS —continued	MOVEMENT IN FUNDS —continued	MOVEMENT IN FUNDS —continued
					Net	Transfers
Comparative Year				At 1/4/19	movement in funds f	between funds 6	At 31/3/20 6
Unrestricted funds
General fund Designated —Emily WelLs Memorial Fund Designated —General Building Maintenance Designated —Hall Refurbishment Designated —Minibus Designated —Social Club Refurbishment				364,069 51,526 108,097 10,640 33,373 ~15000	(51,457) (2,182)		312,612 51,526 105,915 10,640 33,373 ~15 000
				582,705	(53,639)		529,066
Restricted funds
Access toWork					5,564		5,564
Dora and Leslie Barter Eye Can Do It Grants to Individuals	Conservatory		Fund	6,250 6,829	(6,054) 214		6,250 775 214
Hearing Impaired ChiMren Wimbledon Foundation				1,053	(599) ~2975		454 ~2975
				14,132	2,100		16,232
TOTALFUNDS				~596 837	51539		~545 298
Net movement in funds, induded		in	the above are as follows:
					Incoming	Resources	Movement in
					resources	expended 6	funds
Unrestricted funds
General fund Designated —General	Building	Maintenance			296,747	(348,204) ~2182)	(51,457) ~2182)
					296,747	(350,386)	(53,639)
Restricted funds
Access toWork					13,717	(8,153)	5,564
Eye Can Do It Grants to Individuals					4,830 1,448	(10,884) (1,234)	(6,054) 214
Hearing Impaired Children						(599)	(599)
London Borough of Merton —Lunch Wimbledon Foundation			Club		1,000 25,000	(1,000) ~22,025)	~2975
					45,995	(43,895)	2,100
TOTALFUNDS					~342 742	~394281)	~51 539)

OMPARATIVES FORTH	E STATENIENT	OF FINANCIAL ACTI	VITIES
				2020
		Unrestricted	Restricted	Total
		Funds	Funds	Funds
			8	8
INCOME
Income and endowments Donations and legacies	from:	46,317		46,317
Income from charitable activities:
Grants		78,799	45,995	124,794
Charitable Activities		35,476		35,476
Contracted services		126,726		126,726
Other trading activities: Fundraising and events		8,915		8,915
Investment income		514		514
Total income		296,747	45,995	342,742
EXPENDITURE ON:
Raising funds		3,243		3,243
Charitable activities:
Charity Activities		~347 143	~43895	~391038
Total expenditure		~350386	43895	394281
NET income before transfers		(53,639)	2,100	(51,539)
Transfers between funds
Operating (deficit)/surplus		~53 639)	2,100	~51 539)