OpenCharities

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2021-03-31-accounts

Note Total Total
INCOMING RESOURCES
2021 2020
Donations
and legacies
Donation 50
Government
Grants
23,061
Other trading activiges
2"'Stop Shop 47,209 128,535
Investments
Interest 3,453 3,992
Total Income 673,773 8 132,527
RESOURCES EXPENDED
Raising funds
2""Stop Shop 51,506 55,231
Charitable activities
Grants paid 86,785 56,786
Phone, Post and Stationery 83
Website &domain 72 86
Indemnity
Insurance
243 243
Independent
Examination
125 125
Bank charges 70 60
Gitts and donations 25
Total Expenses f138,826 E112,614
Net Incomel(deficit)
before investment
gains/(losses) (65,053) 19,913
Gains/(losses)
on investments
8,042 (9,976)
Net movement
in funds
(57,011) 9,937
Total Funds brought forward 258,816 248,879
Total Funds carried forward 6201,805 6258,816

AT 31 MARCH 2021
Total Total
Note 2021 2020
E
FIXEDASSETS
Shop Assets —Sheds 236 473
Investments
M&G Charifund 42,756 34,714
Hampshire
Trust
Bank (24 month bond) 50,000
CURRENT ASSETS
Debtors
VAT Refund 846 876
Furlough
Claim
884
Shop prepayments 4,029 4,355
Investments
Hampshire
Trust Bank
2~ Stop Deposit Account
16,946 66,471
16,163
Cash at bank and in hand
CAF Current Account
2"'Stop Current Account
2"'Stop Paypal
2" Stop Izettle
2"'Stop Cash
in Hand
83,147
2,085
429
793
96,313
18,179
1,969
Petty Cash 34 34
Total current assets 109,193 224,360
Less: Creditors
Amounts
falling
due within one year 10 (380) (731)
Net current assets 108,813 223,629
TOTAL NET ASSETS 6201,805 6258,816
FUNDS
General
Fund
175,787 217,382
2"'Stop Fund 26,018 41,434
Total Funds 6201,805 6258„816
Approved
by
Treasurer Judith Francis
Vice - Chairman tewart Young
Date

Recognition Recognition ofincome This is included
in the accounts when the charity receives the resources
Dtfsettlng There has been no offsetting ofassets and liabilities, or income and expenses, unless
required
or permitted
by the FRS 102SORP or FRS 102.
Grants and donations Grants and donations
are only included as income when received.
received
VAT VAT reclaimable
is recognised as it arises
Donated goods Donated goods for resale are included
in the accounts when sold by the charity.
Donated services and The value placed on these resources
is not included
in the accounts
Facilities
Volunteer help The value ofany voluntary
help received is not included
in the accounts
Investment income This is included
in the accounts when receipt is probable
and the amount
receivable
can be measured
reliably.
Investment gains and losses This includes any realised or unrealised
gains or losses on the sale ofinvestments
and
any gain or loss resulting
from revaluing
investments
to market value at the end ofthe
year.
Support Costs The Charity has incurred
expenditure
on support costs
Grants Paid Grants paid are only included
in the accounts when applications
have been received
and approved
by the tmstees and funds transferred
to the applicant.
Liability recognition Liabilities are recognised where
it is more likely than not that there is a legal or
constructive
obligation
committing
the charity to pay out resources and the amount
of
the obligation
can be measured
with reasonable
certainty.
Creditors The charity has creditors which are measured
at settlement
amounts
less any trade
discounts
Provisions for liabilities A liability is measured
on recognition
at its historical cost and then subsequently
measured
at the best estimate ofthe amount
required to settle the obligation at the
reporting
date
Tangible tixed assets for use These are capitalised
ifthey can be used for more than one year and cost more than
by charity F500.They are valued at cost or a reasonable
value on receipt. The depreciation
rates
are given
in the appropriate
note.
Investments Investments
held for resale or pending
their sale and cash and cash equivalents
with a
maturity date ofless than
1 year are treated as current asset investments
Current asset investments The charity has investments
which
it holds for resale or pending
their sale and cash
and cash equivalents
with a maturity
date less than one year. These include cash on
deposit and cash equivalents
with a maturity
date ofless than one year held for
investment
purposes
rather than to meet short term cash commitments
as they fall
due.

3. Government
Grants
2021 2020
District Council —Local Restrictions Support Grant (LRSG) 19,907
Coronavirus
Job Retention
Scheme (CJRS). 3,154
Total income 623,061
4. Funds generated by 2"~ Stop Shop
2021 2020
Shop Sales 47,209 128,535
Government
grants
23,061
Interest on shop funds 62 96
Total income 70,332 128,631
Less:
Shop Management (26,633) (25,437)
Premises (22,291) (25,469)
Administration (2,582) (4,325)
Total expenses (51,506) (55,231)
Net surplus 18,826 73,400
Transfer to SPARK accounts (34,243) (60,708)
Shop funds at 1 April 41,434 28,742
Shop funds at 31 March F26,017 F41,434
5 Fees for examining
the accounts
2021 2020f
Independent
examiners fees
150 150
F150 6150
6 StaffCosts 2021 2020
5 F
Gross wages 27,341 26,259
Employer
Pension
Costs 552 508
Employers
National
Insurance
E27,893 E26,767

Grant making Total
E
All Saints Church
—Donation re Kesgrave
&District Royal British
—Moliday at Home
KWMCC —Tennis court surfacingl
Tennis Club Lighting
Kesgrave
High School —Sensory Garden
Heath School —Outdoor Learning
Hub
Kesgrave Rollers —La Boule Piste
Kesgrave Church of England
Charity —Youthwork
Kesgrave Town Council —Youth Club Provision
Kesgrave
Kruisers —Training
Girlguiding
Heathlands
Division -Leader's membership
AFC Kesgrave
Girls 4 {Ladies) -Team Kit
1"Kesgrave Scout Group
—Hall hire fees for Doctors to hold Elujab clinic
—Community
Christmas
Dinner
—Sponsor fundraising
event
Cafe 66 —Celebration
expenses/Outing
Kesgrave Cricket Club —Cricket Scoreboard
Kesgrave
Library —Sheiving and Cupboards
Kesgrave
Library —Reading Challenge
Suffolk Aviation
Heritage
Group —New Mower
Hope House —Covered Pergola
KMF —Egg Hunt &5K run (2years)
Ladies Bowls Club- Bowls Mat Roller
on Hall
Badges
Legi
feesr
50,000
11,388
8,000
6,000
3,850
2,500
1,800
1,191
1,000
616
400
40
300
13,134
19,867
2,000
3,300
375
220
100
250
4,000
3,850
650
2,200
2,000
1,700
790
Kesgrave Computer
Club - Hall hire
Lewis Brinkhoff —Local International
Speedway Rider
Kesgrave Community
Enterprises —Dementia
Cafrt
Kesgrave Bike Show —Childrens
Road Safety 'Goodie Bag'
Kesgrave
Friendship
Club —Outings and Chnstmas
Dinner
600
500
500
250
200
E86,785 E56,786

8 FixedAssets
Cost Sheds
F
Totalf
At 1 April 2020 945 945
At 31 March 2021 f945
Depreciation f f
At 1 April 2020 472 472
Depreciation
for year (25%)
237 237
At 31 March 2021 f709 f.708
At 31 March 2021 f236 F236
At 31 March 2020 f473 f.473
9 Fixed Asset Investments
i(If&G Hampshire
Chsrifund Trust 2021
At 1 April 2020 34,714 34,714
Addition
during the year
50,000 50,000
Gain on revaluation 8,042 8,042
f42,756 f50,000 f92,756
Historical cost f95,000
Market value Gain/(Loss)
Represented
by:
at year end for year
M&G Charifund 42,756 8,042
Hampshire
Trust
50,000
f 92,756 f8,042
10 Creditors snd sccrusis 2021 2020
Accruals 381 731
f381 f 731

During the year remuneration was paid to one Trustee who is the assistant manager ofthe 2nd Stop was paid to one Trustee who is the assistant manager ofthe 2nd Stop
Shop
Molly Arnot - Gross Pay 130 1,865
F 130 F1,865