| Page | ||||
|---|---|---|---|---|
| Report ofthe Trustees | I | to | 6 | |
| Report ofthe Independent Auditors |
7 | to | 8 | |
| Statement ofFinancial | Activities | |||
| Balance Sheet | 10 | to | 11 | |
| Notes to the Financial | Statements | 12 | to | 18 |
| Detailed Statement of | Financial Activities | 19 | to | 20 |
Sha e5 Potte Herila e and Arts Tr rl ot'ihe Tnisiees for the Year Ended 31 March 2022 C J Beech- Trustee Page 6
| 31.3.22 | 31.3.21 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| funds | funds | funds | funds | |||
| Notes | ||||||
| INCOME AND ENDOWMENTS FROM | ||||||
| Donations and legacies |
11,182 | 11,182 | 1,656 | |||
| Charitable activities |
||||||
| Grants | 68,706 | 68,706 | 201,937 | |||
| Other trading activities investment income |
12,040 27,626 |
12,040 27,626 |
442 29,580 |
|||
| Total | 119,554 | 119,554 | 233,615 | |||
| EXPENDITURE ON | ||||||
| Raising funds | 4 | 38,637 | 38,637 | 45,278 | ||
| Charitable activities |
||||||
| Grants | 102,173 | 102,173 | ||||
| Other | 46,677 | 46,677 | 177,115 | |||
| Total | 187,487 | 187,487 | 222,393 | |||
| NET INCOME/(EXPENDITURE) | (67,933) | (67,933) | 11,222 | |||
| Other recognised gains/(losses) |
||||||
| Gains/(losses) on revaluation offixed assets |
(23,539) | |||||
| Net movement in funds |
(67,933) | (67933) | (12317) | |||
| RECONCILIATION | OF FUNDS | |||||
| Total funds brought forward | 542,315 | 542,315 | 554,632 | |||
| TOTAL FUNDS CARRIED FORWARD | 474,382 | 474 382 | 542 315 |
| 31.3.22 | 31.3.21 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | funds | funds | ||
| Notes | |||||
| FIXEDASSETS | |||||
| Tangible assets | 9 | 477,353 | 477,353 | 489,779 | |
| Investments | 10 | I | 1 | I | |
| 477,354 | 477,354 | 489,780 | |||
| CURRENT ASSETS | |||||
| Debtors | ll | 3,004 | 3,004 | 22,241 | |
| Cash at bank and in hand | 36,269 | 36,269 | 72,970 | ||
| 39,273 | 39,273 | 95,211 | |||
| CREDITORS | |||||
| Amounts falling due within one year |
12 | (42,245) | (42,245) | (42,676) | |
| NET CURRENT ASSETS | (2,972) | (2,972) | 52,535 | ||
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 474,382 | 474,382 | 542,315 | ||
| NET ASSETS | 474,382 | 474,382 | 542,315 | ||
| FUNDS | 13 | ||||
| Unrestricted funds |
474,382 | 542,315 | |||
| TOTAL FUNDS | 474,382 | 542,315 |
| Notes to the Financial Statements —continued |
Notes to the Financial Statements —continued |
Notes to the Financial Statements —continued |
||
|---|---|---|---|---|
| for the Year Ended 31March 2022 | ||||
| 2. | OTHER TRADING ACTIVITIES | |||
| 31.3.22 | 31.3.21 | |||
| Fundraising events |
8,193 | 442 | ||
| Retail | 3,847 | |||
| 12,040 | 442 | |||
| 3. | INVESTMENT INCOME | |||
| 31.3.22 | 31.3.21 | |||
| Rents received Room Hire |
21,160 6,466 |
29,580 | ||
| 27,626 | 29,580 | |||
| 4. | RAISING FUNDS | |||
| Raisiag donations | aad legacies | |||
| 31.3.22 | 31.3.21 | |||
| Trading subsidiary |
expenses | 447 | 400 | |
| Support costs | 38,168 | 44,878 | ||
| 38,615 | 45,278 | |||
| 5. | NET INCOME/(EXPENDITURE) | |||
| Net income/(expenditure) is stated atter charging/(crediting): |
||||
| 31.3.22 | 31.3.21 | |||
| Depreciation —owned assets |
20,407 | 25,853 | ||
| Trading subsidiary | expenses | 447 | 400 |
| 31.3.22 | 31.3.21 | |||
|---|---|---|---|---|
| Administration | 2 | |||
| No employees received emoluments |
in excess of%60,000. | |||
| COMPARATIVES FOR THE STATEMENT OF FINANCIAL | ACTIVITIES | |||
| Unrestricted | Restricted | Total | ||
| funds | funds | funds | ||
| INCOME AND ENDOWMENTS | FROM | |||
| Donations and legacies |
1,656 | 1,656 | ||
| Charitable activities |
||||
| Grants | 95,054 | 106,883 | 201,937 | |
| Other trading activities |
442 | 442 | ||
| Investment income |
29,580 | 29,580 | ||
| Total | 126,732 | 106,883 | 233,615 | |
| EXPENDITURE ON | ||||
| Raising funds | 45,278 | 45,278 | ||
| Other | 177,115 | 177,115 | ||
| Total | 222,393 | 222,393 | ||
| NET INCOME/(EXPENDITURE) | (95,661) | 106,883 | 11,222 | |
| Transfers between funds |
91,472 | (91,472) | ||
| Other recognised gains/(losses) |
||||
| Gains/(losses) on revaluation offixed assets |
(23 539) | (23,539) | ||
| Net movement in funds |
(27,728) | 15,411 | (12,317) | |
| RECONCILIATION OF FUNDS |
||||
| Total funds brought forward | 570,043 | (15,411) | 554,632 | |
| TOTAL FUNDS CARRIED FORWARD | 542,315 | 542,315 |
| Improvements | Fixtures | |||||
|---|---|---|---|---|---|---|
| Freehold | to | and | Computer | |||
| property | property | fittings | equipment | Totals | ||
| I | ||||||
| COST | ||||||
| At I April 2021 Additions |
322,613 | 1,569,009 | 149,925 5,504 |
8,498 2,477 |
2,050,045 7,981 |
|
| At 31March | 2022 | 322,613 | 1,569,009 | 155,429 | 10,975 | 2,058,026 |
| DEPRECIATION | ||||||
| At I April 2021 | 72,311 | 1,339,602 | 139,855 | 8,498 | I 560266 | |
| Charge for year | 6,452 | 6,459 | 7,125 | 371 | 20,407 | |
| At 31March | 2022 | 78,763 | 1,346,061 | 146,980 | 8,869 | 1,580,673 |
| NET BOOK | VALUE | |||||
| At 31 March | 2022 | 243,850 | 222,948 | 8,449 | 2,106 | 477,353 |
| At 31 March | 2021 | 250,302 | 229,407 | 10,070 | 489,779 | |
| FIXEDASSET INVESTMENTS | ||||||
| Listed | ||||||
| mvestments | ||||||
| MARKET VALUE | ||||||
| At I April 2021 and 31March 2022 | ||||||
| NET BOOK | VALUE | |||||
| At 31 March | 2022 | |||||
| At 31March | 2021 | |||||
| There were no investment | assets outside the UK. | |||||
| DEBTORS | ||||||
| 31.3.22 | 31.3.21 | |||||
| Amounts falling due within one year: |
||||||
| Other debtors | 670 | |||||
| Prepayments | and accrued | income | 240 | |||
| 670 | 240 |
| for th | e Year Ended 31 March 2022 | e Year Ended 31 March 2022 | ||||
|---|---|---|---|---|---|---|
| 11. | DEBTORS - continued | |||||
| 31.3.22 | 31.3.21 | |||||
| Amounts falling due after more |
than one year: | |||||
| Amounts owed |
by group undertakings | 2,334 | 22,001 | |||
| Aggregate amounts |
3,004 | 22,241 | ||||
| 12. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||||
| 31.3.22 | 31.3.21 | |||||
| Trade creditors | 42,245 | 42,245 | ||||
| Other creditors | 431 | |||||
| 42,245 | 42,676 | |||||
| 13. | MOVEMENT | IN FUNDS | ||||
| Net | ||||||
| movement | At | |||||
| At. 1.4.21 | in funds | 31.3.22 | ||||
| Unrestricted funds |
||||||
| General fund |
542,315 | (67,933) | 474,382 | |||
| TOTAL FUNDS | 542,315 | (67,933) | 474,382 | |||
| Net movement | in funds, included | in the above are as follows: | ||||
| Incoming | Resources | Movement | ||||
| resources | expended | in funds | ||||
| Unrestricted funds |
||||||
| General fund |
119,554 | (187,487) | (67,933) | |||
| TOTAL FUNDS | 119,554 | (187,487) | (67,933) |
| Net | Transfers | ||||
|---|---|---|---|---|---|
| movement | between | At | |||
| At 1.4.20 | in funds | funds | 31.3.21 | ||
| Unrestricted | funds | ||||
| General fund |
570,043 | (119,200) | 91,472 | 542,315 | |
| Restricted funds | |||||
| Restricted | (15,411) | 106,883 | (91,472) | ||
| TOTAL FUNDS | 554,632 | (12,317) | 542,315 |
| Incoming | Resources | Gains and | Movement | |||
|---|---|---|---|---|---|---|
| resources | expended | losses | in funds | |||
| Unrestricted | funds | |||||
| General fund |
126,732 | (222,393) | (23,539) | (119,200) | ||
| Restricted funds | ||||||
| Restncted | 106,883 | 106,883 | ||||
| TOTAL FUNDS | 233,615 | (222,393) | (23,539) | (12,317) | ||
| A current year | 12 months | and prior year 12months | combined position |
is as follows: | ||
| Net | Transfers | |||||
| movement | between | At | ||||
| At 1.4.20 | in funds | funds | 31.3.22 | |||
| Unrestricted | funds | |||||
| General fund | 570,043 | (187,133) | 91,472 | 474,382 | ||
| Restricted funds |
||||||
| Restricted | (15,411) | 106,883 | (91,472) | |||
| TOTAL FUNDS | 554,632 | (80,250) | 474,382 |
| Incoming | Resources | Gains and | Movement | ||
|---|---|---|---|---|---|
| resources | expended | losses | in funds | ||
| Unrestricted | funds | ||||
| General fund | 246,286 | (409,880) | (23,539) | (187,133) | |
| Restricted funds |
|||||
| Restricted | 106,883 | 106,883 | |||
| TOTAL FUNDS | 353,169 | (409,880) | (23,539) | (80,250) |
| Detailed Statement | ofFinancial Activities | ofFinancial Activities | ||
|---|---|---|---|---|
| for the Year Ended | 31March 2022 | |||
| 31.3.22I | 31.3.21 | |||
| INCOME AND ENDOWMENTS | ||||
| Donations and legacies |
||||
| Donations | 11,182 | 1,656 | ||
| Other trading activities |
||||
| Fundraising events |
8,193 | 442 | ||
| Retail | 3,847 | |||
| 12,040 | 442 | |||
| Iavestment income |
||||
| Rents received Room Hire |
21,160 6,466 |
29,580 | ||
| 27,626 | 29,580 | |||
| Charitable activities |
||||
| Grants | 68,706 | 201,937 | ||
| Total incoming resources |
119,554 | 233,615 | ||
| EXPENDITURE | ||||
| Raising donations | and | legacies | ||
| Trading subsidiary | expenses | 400 | ||
| Other | ||||
| Wages Depreciation oftangible |
fixed assets | 26,270 20,407 |
71,545 25,853 |
|
| 46,677 | 97,398 | |||
| Support costs | ||||
| Management | ||||
| Licenses &membership | 860 | 969 | ||
| Insurance Light and heat |
2,576 10,634 |
6,390 13,351 |
||
| Rent, rates and Water Equipment Purchases |
26,033 24,043 |
7,710 1,424 |
||
| Advertising | 7,201 | 20,493 | ||
| Cleaning | 3,310 | 808 | ||
| Professional Fees |
16,679 | 3,926 | ||
| 91,336 | 55,071 |
| Detailed Statement ofFinancial Activities | ||
|---|---|---|
| for the Year Ended 31March 2022 | ||
| 31.3.22 | 31.3.21 | |
| Management | ||
| Finance | ||
| Computer costs &Telephone Sundries Bank charges |
2,273 22 |
5,733 281 10 |
| Merchant Charges |
122 | |
| 2,295 | 6,146 | |
| Information technology |
||
| Training Repairs and renewals |
4,455 15,867 |
|
| 20,322 | ||
| Governance costs |
||
| HLF Securing the Future Accountancy and legal fees |
43,346 3,386 |
35,904 7,152 |
| 46,732 | 43,056 | |
| Total resources expended | 187,487 | 222,393 |
| Net (expenditure)/income | (67,933) | 11,222 |