||||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|
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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
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||||||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|
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|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|
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||||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|
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|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)|
##
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||||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|
##
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|||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|