2021-03-31-accounts - Winifred Wharton Trust

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		Page
Report of the Trustees	1	to	3
Independent Examiner's Report		4
Statement of Financial Activities		5
Balance Sheet		6
Notes to the Financial Statements	7	to	11
Detailed Statement of Financial Activities		12

				2021	2020
		Unrestricted	Restricted	Total	Total
		fund '	fund	funds	funds
	Notes	£	£	£	£
FIXED ASSETS
Tangible assets	7	69,896	497,890	567,786	569,697
Heritage assets	8	50,828		50,828	50,615
		120,724	497,890	618,614	620,312
CURRENT ASSETS
Debtors	9	25,929		25,929	25,969
Cash at bank		331,076		331,076	353,413
		357,005		357,005	379,382
CREDITORS
Amounts falling due within one year	10	(51,056)		(51,056)	(51,031)
NET CURRENTASSETS		305,949		305,949	328,351
TOTAL ASSETS LESS CURRENT LIABILITIES		426,673	497,890	924,563	948,663
NET ASSETS		426,673	497,890	924,563	948,663
FUNDS	11
Unrestricted funds				426,673	450,773
Restricted funds				497,890	497,890
TOTAL FUNDS				924,563	948,663

INVESTMENT INCOME
	2021	2020
Deposit account interest	96	938
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
	2021	2020
Depreciation −owned assets	1,911	2,309
Amounts paid to Independent Examiner	1,044	1,056

5.	STAFF COSTS
			2021	2020
	Wages and salaries		12,883	22,321
			12,883	22,321
	The average monthly number of employees during the year	was as follows:
			2021	2020
	Staff		1	1
	No employees received emoluments in excess of £60,000.
6.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL	ACTIVITIES
		Unrestricted	Restricted	Total
		fund	fund	funds
	INCOME AND ENDOWMENTS FROM
	Donations and legacies	46,097		46,097
	Investment income	938		938
	Total	47,035		47,035
	EXPENDITURE ON
	Raising funds	27,901		27,901
	Charitable activities
	Costs of generating funds	24,540		24,540
	Total	52,441		52,441
	NET INCOMEJ(EXPENDITURE)	(5,406)		(5,406)

6.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES −continued	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES −continued	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES −continued	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES −continued	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES −continued
				Unrestricted	Restricted	Total
				fund	fund	funds
	RECONCILIATION OF FUNDS
	Total funds brought forward			456,179	497,890	954,069
	TOTAL FUNDS CARRIED FORWARD			450,773	497,890	948,663
7.	TANGIBLE FIXED ASSETS
		Unrestricted	Restricted	Fixtures
		Property	Property	and	Computer
		Fund	Fund	fittings	equipment	Totals
		£	£	£	£	£
	COST
	At 1st April 2020 and
	31st March 2021	66,204	991,497	58,660	3,227	1,119,588
	DEPRECIATION
	At 1st April 2020		493,607	53,787	2,497	549,891
	Charge for year			1,729	182	1,911
	At 31st March 2021		493,607	55,516	2,679	551,802
	NET BOOK VALUE
	At 31st March 2021	66,204	497,890	3,144	548	567,786
	At 31st March 2020	66,204	497,890	4,873	730	569,697
8.	HERITAGE ASSETS
						Total
	MARKET VALUE
	At 1st April 2020					50,615
	Additions					213
	At 31st March 2021					50,828
	NET BOOK VALUE
	At 31st March 2021					50,828
	At 31st March 2020					50,615
9.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
					2021	2020
	Monies due from DuIley's Baths				25,929	25,969

10.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
			2021	2020
			E	E
	Accrued expenses		51,056	51,031
11.	MOVEMENT IN FUNDS
			Net
			movement	At
		At 1.4.20	in funds	31.3.21
		E	E	E
	Unrestricted funds
	General fund	450,773	(24,100)	426,673
	Restricted funds
	Property Fund −Restricted	497,890		497,890
	TOTAL FUNDS	948,663	(24,100)	924,563
	Net movement in funds, included in the above are as follows:
		Incoming	Resources	Movement
		resources	expended	in funds
		E	E	E
	Unrestricted funds
	General fund	6,910	(31,010)	(24,100)
	TOTAL FUNDS	6,910	(31,010)	(24,100)
	Comparatives for movement in funds
			Net
			movement	At
		At 1.4.19	in funds	31.3.20
			E	E
	Unrestricted funds
	General fund	456,179	(5,406)	450,773
	Restricted funds
	Property Fund −Restricted	497,890		497,890
	TOTAL FUNDS	954,069	(5,406)	948,663
	Comparative net movement in funds, included in the above are as follows:
		Incoming	Resources	Movement
		resources	expended	in funds
		E	E	E
	Unrestricted funds
	General fund	47,035	(52,441)	(5,406)
	TOTAL FUNDS	47,035	(52,441)	(5,406)

A current year 12 months and prior year 12 asfollows:	months combined net movement in f	unds, included in	the above
	Incoming	Resources	Movement
	resources	expended	in funds
	£	£	£
Unrestricted funds
General fund	53,945	(83,451)	(29,506)
TOTAL FUNDS	53,945	(83,451)	(29,506)

	2021	2020
INCOME AND ENDOWMENTS
Donations and legacies
Donations	177	22,422
Event days		3,655
Catering income	68	905
Room hire	650	18,400
Talks		715
	895	46,097
Investment income
Deposit account interest	96	938
Charitable activities
Grants	5,919
Total incoming resources	6,910	47,035
EXPENDITURE
Raising donations and legacies
Wages	12,883	22,321
Exhibition and stationery cost	445	5,580
	13,328	27,901
Charitable activities
Rates and water	625	648
Insurance	4,289	4,020
Light and heat	3,400	6,426
Telephone	680	738
Computer and website development costs	355	523
Advertising	76
Sundries	314	1,106
Repairs & renewals	4,389	5,391
Catering and room hire		1,181
Films shows		465
	14,128	20,498
Support costs
Finance
Bank charges	419	677
Depreciation of fixtures and fitting	1,911	2,309
	2,330	2,986
Governance costs
• Accountancy fees	1,044	1,056
Legal fees	180
	1,224	1,056
Total resources expended	31,010	52,441
Net expenditure	(24,100)	(5,406)