2021-12-31-accounts - Bromley Voluntary Sector Trust

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For the ear ended 31 Decem	b	e	r 202	1
							202'I			2020
					Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
				N 0'te			5	f	f	f
Income from:
Donations and legacies				2	3,500		3,500	6,789	3,742	10,531
Charitable activities
Provision ofaccomodation		&
support services to other	charities			3	303,143		303,143	289,544		289,544
Investment Income					363		363	1,124		1,124
Total income					307,006		307,006	297,457	3,742	301,199
Expenditure on:
Charitable activities
Provision ofaccomodation &	support			services	to other charities
Staff costs (Note 5) Depreciation Light, Heat and Telephone gad Debt					69,596 331 20,146 220	61,696	69,596 62,027 20,146 220	66,348 20,159 943	60,804	66,348 60,804 20,159 943
Printing, Stationery & Office
Expenses Repairs and Maintenance Cleaning					4,506 14,800		4,506 14,800	2,144 13,818 12,384		2,144 13,818 12,384
Rent, Rates, Insurance &
Subscriptions Legal and Professional Fees					146,933 1,457		146,933 1.457	146,215 6,651		146,215 6,651
Accounting, admin support			and
independent examination		Fees			1,708		1,708	9,923		9 923
Support costs Light, Heat and Telephone					11,873		11,873	12,231		12,231
Printing, Stationery & Office
Expenses					3,889		3,889	3,626	972	4,598
Repairs and Maintenance Cleaning					8,551 10,272		8,551 10,272	12,263 9,388		12,263 9,388
Rent, Rates, Insurance &
Subscriptions					817		817	4 359		4 359
Sundry Expenses Advertising/Promotion					3,243		3,243	2,241 486		2,241 486
Accounting, admin support			and
independent examination		Fees			1,542		1,542	7,122		7,122
Total expenditure					299,884	61,696	361,580	330,301	61,776	392,077
Net income / (expenditure)	for		the
year				4	7,122	(61,696)	(54,574)	(32,844)	(58,034)	(90,878)
Transfers between funds					(561)	561		(1,456)	1,456
Net movement in funds				13	6,561	(61,135)	(54,574)	(34,300)	(56,578)	(90,878)
Reconciliation offunds:
Total funds brought forward					148,615	283,979	432,594	182,915	340,557	523,472
Total funds carried forward					155,177	222,844	378,021	148,615	283,979	432,594

As at 31 Decemb	e	r 2021
							2021		2020
					Note	5	6		f
Fixed assets:
Tangible assets							222,844		283,527
Current assets:
Debtors					10	9,578		12,229
Cash at bank and		in hand				150,708		146,261
						160,286		158,490
Uabllities:
Creditors: amounts		falling	due within	one year	11	5,109		9,422
Net current assets		/ (liabilities)					155,177		149,068
Total assets less	current		liabilities				378,021		432,595
Total net assets	/	(liabilities)			12		378,021		432,595
The funds ofthe	charity:				13
Restricted income		funds					222,844		283,979
Unrestricted income funds:
General funds						155,177		148,615
Total unrestricted		funds					155,177		148,615
Total charity funds							378,021		432,595

Income fr	om d	onations and legacies
					2021	2020
			Unrestricted	Restricted	Total	Total
			E	E	E	E
Donations	and	legacies	3,500		3,500	10,531
			3,500		3,500	10,531

Incom	e from	charit	able activ	ities
								2021	2020
						Unrestricted	Restricted	Total	Total
						f	f	f	f
Rental	Income	and	Service Charges		Receivable	303,143		303,143	289,544
Total	income	from	charitable	activities		303,143		303,143	289,544

This is stated	after charging / crediting:
		2021	2020
		6	f
Depreciation		62,027	60,804
Independent	examination	1,440	1,440

Staff costs	were as follo	ws:
						2021	2020
						f	f
Salaries and	wages					66,953	63,538
Social security costs						1,386	1,497
Employer's	contribution	to defined	contribution	pension	schemes	1,257	1,313
						69,596	66,348

The averag follows:	e number of employees (head count based	on number of staff employed) during the ye	ar was as
		2021	2020
		No.	No.
Charitable	activities	3.0	2.0
		3.0	2.0

Tangible fixed assets
	Fixtures and	Telephone	Leasehold
	fittings f	equipment f	propertyf	Total
Cost or valuation
At the start ofthe year	147,667	45,314	1,226,567	1,419,548
Additions in year	1,344			1,344
At the end ofthe year	149,011	45,314	1,226,567	1,420,892
Depreciation
At the start of the year	112,845	11,287	1,011,889	1,136,021
Charge for the year	9,188	3,776	49,063	62,027
At the end ofthe year	122,033	15,063	1,060,952	1,198,048
Net book value
At the end ofthe year	26,978	30,251	165,615	222,844
At the start ofthe year	34,822	34,027	214,678	283,527

Debtors
			2021	2020
			f	f
Trade debtors			7,026	5,977
Other debtors			155	837
Prepayments	and accrued	income	2,397	5,415
			9,578	12,229

Creditors: amounts falling due within one year
	2021 5	2020t
Trade creditors	2,952	2,972
Taxation and social security		1,032
Other creditors	357	1,131
Accruals	1,800	4,287
	5,109	9,422

Analysis of net assets between funds at th	e end ofyear
	General
	unrestricted	Designated		Restricted	Total funds
	f		f	E	5
Tangible fixed assets				222,844	222,844
Net current assets	155,177				155,177
Net assets at the end ofthe year	155,177			222,844	378,021

Analysis ofnet assets between funds at th	e start ofyear
	General
	unrestricted f	Designated	Restricted f	Total funds 5
Tangible fixed assets			283,527	283,527
Net current assets	148,616		452	149,068
Net assets at the end ofthe year	148,616		283,979	432,595

For	the ear ended 31 December 2021	the ear ended 31 December 2021	the ear ended 31 December 2021	the ear ended 31 December 2021
13	Movements in funds
					At the start	Income &	Expenditure		At the end of
	During the year				ofthe year f	gains E	& losses E	Transfers	the year E
	Restricted funds:
	Leasehold Premises and		Fixtures	&
	Fittings				281,349		(61,064)		220,285
	London City Bridge Trust grant for
	equipment for working	from home			2,255		(561)	622	2,316
	Direct Line Group grant		for PPE
	equipment				375		(71)	(61)	243
	Total restricted funds				283,979		(61,696)	561	222,844
	Unrestricted funds:
	General funds				148,615	307,006	(299,884)	(561)	155,177
	Total unrestricted funds				148,615	307,006	(299,884)	(561)	155,177
	Total funds				432,595	307,006	(361,580)		378,021
13	Movements in funds
					At the start	Income &	Expenditure		At the end of
	During previous	year			ofthe year	gains	& losses	Transfers	the year
					E	E	E	E	E
	Restricted funds:
	Leasehold Premises and		Fixtures	&
	Fittings				340,557		(60,664)	1,456	281,349
	London City Bridge Trust grant for
	equipment for working	from home				2,742	(487)		2,255
	Direct Line Group grant		for PPE
	equipment					1,000	(625)		375
	Total restricted funds				340,557	3,742	(61,776)	1,456	283,979
	Unrestricted funds ~GIf d				182,915	297,457	(330,301)	(1,456)	148,615
	Total unrestricted funds				182,915	297,457	(330,301)	(1,456)	148,615
	Total funds				523,473	301,199	(392,077)		432,595

The each	charity's total future minimum lease payments ofthe following periods	under non-cancellable operating leases is as fo	llows for
		Property
		2021	2020
		f	f
Less	than one year	137,448	137,448
One	to two years	137,448	137,448
Two	to five years	412,344	549,792
Over	five years
		687,240	824,688