2021-12-31-accounts

CONTENTS	PAGE
Trustees and administrative details forthe year ended 31 December 2021
Trustees report forthe year ended 31 December 2021	2-6
Independent examiners' report to the Trustees
Statement offinancial activities forthe year ended 31 December 2021
Balance sheet as at 31 December 2021
Cashflow statement for the year ended 31 December 2021	10
Notes to the financial statements for the year ended 31 December 2021	11 —21

		Year	ended 31 December 2021	ended 31 December 2021	Year	ended 31 December 2020	ended 31 December 2020
		Unrestricted	Restdcted	Total	Unrestricted	Restricted	Total
		funds	funds		funds	funds
		6		6	6		6
Income and endowments	from:
Donations, gifts &legacies	3	236,280	257,950	494,230	326,010	364,446	690,456
Investments		21,562		21,562	25,990		25,990
Other Income		1,234		1,234	1,405		1,405
Total Income and
endowments		259,076	257,950	517,026	353,405	364,446	717,851
Expenditure on:
Charitable activities		518,853	211,174	730,027	455,527	231,961	687,488
Net expenditure / (income)
before other recognised		(259,777)	46,776	(213,001)	(102,122)	132,485	30,363
gains
Other recognised gains:
Net gains on investments	9	112,936		112,936	70,763		70,763
Net movement on funds		(146,841)	46,776	(100,065)	(31,359)	132,485	101,126
Reconciliation offunds
Total funds brought
forward		2,510,926	149,788	2,660,714	2,542,285	17,303	2,559,588
Total funds carried
forward	14	2,364,085	196,564	2,560,649	2,510,926	149,788	2,660,714

				31 December	31December
			Note	2021f	2020f
Fixed assets
Tangible assets				1,115,792	1,138,204
Invesbnent	—securities			1,305,218	1,287,903
				2,421,010	2,426,107
Current assets
Debtors			10	29,799	30,661
Cash at bank and in hand			11	131,661	219,073
				161,460	249,734
Current liabilities
Creditors: amounts		falling due within one year	12	(21,821)	(15,127)
Net current	assets			139,639	234,607
Net assets				2,560,649	2,660,714
The funds	ofthe Charity
Unrestricted	funds			1,620,086	1,760,927
Designated	funds			523,499	523,499
Revaluation	reserve			220,500	226,500
Unrestricted	funds		14b	2,364,085	2,510,926
Restricted	funds		14c	196,564	149,788
Total Charity funds		at 31 December 2021	14	2,560,649	2,660,714

						31 December	31 December
					Note	2021	2020
						6	6
Cashflows from operating		activities
Net (expenditure)/incoms	for the year					(100,065)	101,126
Depreciation						37,412	33,531
(Gains) on investments						(112,936)	(70,763)
Decrease in debtors						862	41,959
Increase in creditors						6,694	4,251
Net cash (used)/generated		from	operating	activities		(168,033)	101,602
Cashflows from investing		activities
Purchase oftangible fixed	assets					(15,000)
Purchase of investments Proceeds on sale ofinvestments						(383,009) 478,630	(179,363) 224,607
Net cash generated in investing			activities			80,621	45,244
(Decrease)/increase in cash and cash equivalents						(87,412)	146,846
in the year
Cash and cash equivalents		at the	beginning	ofthe year		219,073	72,227
Cash and cash equivalents		at the end of		the year		131,661	219,073

				Yearended	Yearended
				31December	31 December
				2021	2020
				8
Dividends received				21,546	25,881
Interest receivable				16	109
				21,562	25,990
RESOURCES EXPENDED
(a) Resources expended		in 2021
			Unrestricted	Restricted
			Funds	funds	Total
				8
Charitable activities
Family Basics			204,517	26,986	231,503
Smart Start (school uniform)			148,368	66,729	215,097
Christmas Appeal				103,866	103,866
Books for Ever			49,301	12,575	61,876
Other activities			9,726	1,018	10,744
Fund raising			106,941		106,941
Total resources expended	2021		518,853	211,174	730,027
(b) Resources expended		in 2020
			Unrestricted	Restricted
			Funds 8	funds 6	Totalf
Charitable activities
Family Basics			163,529	72,982	236,511
Smart Start (school uniform)			156,478	33,262	189,740
Christmas Appeal				114,887	114,887
Books for Ever			41,709	10,300	52,009
Other activities			10,021	530	10,551
Fund raising			83,790		83,790
Total resources expended	2020		455,527	231,961	687,488

(c) Reso	urces	expended by type in	expended by type in	2021
		Smart Start
		Family	(school	Christmas	Books	Other	Fund
		Basics 6	uniform) 6	Appeal 6	for Ever f	Activities	Raising 6	Total 6
Staff costs		121,002	39,221	18,551	18,551	9,351	83,738	290,414
Establishment	costs	23,006	7,987	12,359	12,359		2,661	58,372
Administration	costs	11,491	11,491	11,491	10,574		18,341	63,388
Project costs		60,599	149,796	54,863	13,790	1,393		280,441
Depreciation		15,405	6,602	6,602	6,602		2,201	37,412
Total resources
expended in	2021	231,503	215,097	103,866	61,876	10,744	106,941	730,027
Expenditure	is allocated on an		actual basis.
(d) Resources		expended	by type in	2020
		Smart Start
		Family	(school	Christmas	Books	Other	Fund
		Basics	uniform)	Appeal	for Ever	Activities	Raising	Total
		8	6	6	8	6	6	6
Staff costs		136,560	38,229	20,620	18,298	9,334	52,231	275,272
Establishment	costs	20,230	7,032	10,858	10,860		2,345	51,325
Administration	costs	9,377	9,378	9,377	5,946		27,538	61,616
Project costs		56,608	129,061	67,992	10,865	1,217		265,743
Depreciation		13,736	6,040	6,040	6,040		1,676	33,532
Total resources
expended in	2020	236,511	189,740	114,887	52,009	10,551	83,790	687,488

The average	week	ly number offu	ll-time equivalent e	mployees who we	re paid was as follows	:
					Yearended	Yearended
					31December	31December
					2021	2020
Direct charitable		activities			12	10
Management	and administration				3	3
					15	13
TANGIBLE FIXEDASSETS
			Freehold		Furniture 8
			property	Van	equipment	Total
					6
At 1 January	2021		1,500,501	30,000	35,016	1,565,517
Additions				15,000		15,000
Disposals				(30,000)		(30,000)
At 31 December		2021	1,500,501	15,000	35,016	1,550,517
Depreciation
At 1 January	2021		367,279	30,000	30,034	427,313
Charge			30,010	5,000	2,402	37,412
Disposals				(30,000)		(30,000)
At 31 December		2021	397,289	5,000	32,436	434,725
Net book value
At 31 December		2021	1,103,212	10,000	2,580	1,115,792
Net book value
At 31 December		2020	1,133,222		4,982	1,138,204

			31December	31 December
			2021	2020
				8
Historical cost			1,200,501	1,200,501
Accumulated	depreciated	based on cost	(317,739)	(293,739)
			882,762	906,762

					31December	31	December
					2021		2020
					6		6
Market value
At 1 January 2021					1,287,903		1,262,384
Additions					383,009		179,363
Sale proceeds					(478,630)		(224,607)
Realised and unrealised		bonus/profits			112,936		70,763
Market Value at 31December 2021					1,305,218		1,287,903
Fixed interest securities					297,609		312,061
Equities in Unit Trusts					1,007,609		975,842
Investment assets					1,305,218		1,287,903
Individual investments	which comprised			more than 5%ofthe market value ofthe total		porffolio	were:
Ml Select Managers	North American		Equity		110,663
Vanguard Funds Pic					86,098
The historical cost of	the	investments	is	f1,095,201 at 31 December 2021 (2020:kt,112,780).

DEBTORS
		31December	31December
		2021	2020f
Amounts falling due within one year
Income tax	recoverable	3,887	4,905
Accrued income		5,284	8,916
Investment	income	1,958	1,387
Prepayments		18,670	15,453
		29,799	30,661

			31December	31 December
			2021	2020
				8
	Cash in hand and at bank		131,661	219,073
			131,661	219,073
12.	CREDITORS: AMOUNTS	FALLING DUE WITHIN ONE YEAR

	31December	31 December
	2021	2020
Other creditors	10,234	4,330
Accruals	11,587	10,797
	21,821	15,127

			31December	31December
			2021	2020
Financial assets
Financial assets measured	at fair value through	income and
expenditure			1,305,218	1,287,903

Total	res	erv	es are represen	ted by the following:
				31 December	2021		31 December	2020
						8	8		E
Freehold building			&other
fixed assets					1,115,792			1,138,204
Investments					1,305,218			1,287,903
Net current	assets:
Unrestricted				(580,424)			(438,680)
Designated				523,499			523,499
Restricted				196,564			149,788
						139,639			234,607
					2,560,649			2,660,714
(b) Unrestricted			funds 2021
				Unrestricted	Designated		Revaluation
				funds		funds	reserve		Total
				8			6
At 1 January	2021			1,760,927		523,499	226,500	2,510,926
Net movement		of	funds during
the year				(146,841)				(146,841)
Depreciation	on	revaluated
portion of land and			building	6,000			(6,000)
At 31 December 2021				1,620,086		523,499	220,500	2,364,085

Unrestricted	funds 2020
		Unrestricted	Designated	Revaluation
		funds	funds	reserve	Total
			8	8	5
At 1 January	2020	1,786,286	523,499	232,500	2,542,285
Net movement offunds during
the year		(31,359)			(31,359)
Depreciation	on revaluated
portion ofland and building		6,000		(6,000)
At 31 December 2020		1,760,927	523,499	226,500	2,510,926

		31December	Movement	in resources	31 December
		2020f	Income f	Expenditure f	2021 f
Christmas	Appeal	149,788	150,642	(103,866)	196,564
Smart Start (school uniform)			66,729	(66,729)
Family Basics			26,986	(26,986)
Books for	Ever		12,575	(12,575)
Others			1,018	(1,018)
		149,788	257,950	(211,174)	196,564
The restricted reserves are held to buy toys and			other items for charitable purposes.
Restricted	funds 2020
These are	resbicted funds to be used exdusively		forexpenses relating tothe areas below:
		31 December	Movement	in resources	31 December
		2019f	Income	Expenditure f	2020
Christmas	Appeal		264,675	(114,887)	149,788
Smart Start (school uniform)			33,262	(33,262)
Family Basics		17,113	55,869	(72,982)
Books for	Ever		10,300	(10,300)
Others		190	340	(530)
		17,303	364,446	(231,961)	149,788