2021-03-31-accounts - The Poltimore House Trust

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			Page
Report ofthe Trustees
Independent Examiner's	Report
Statement of Financial	Activities
Balance Sheet
Notes tothe Financial Statements		7	to	12
Detaged Statement ofFinancial Acthdtles			13

THE POLTIMORE HOUSE TRUST Report of the Tru6t••s FOR THE YEAR ENDED 31 I14RCH 2[121 Page 3

							31.3.21	31.3.20
					Unrestricted	Restricted	Total	Total
				Notes	fund f	funds 8	funds	fundsf
INCOME AND ENDOWMENTS		FROM
Donations and legacies					28,043	18,750	46,793	21,256
Other trading activities					2,605		2,605	516
Investment income					3,080		3,080	3,360
Total					33,728	18,750	52,478	25,132
EXPENDITURE ON
Raising funds				4	19,121	1,828	20,949	28,965
Other					1,393		1,393	1,380
Total					20,514	1,828	22,342	30,345
NET INCOME/(EXPENDITURE)					13,214	16,922	30,136	(5,213)
Other recognised gains/(losses)
Actuarial gains/gasses)	on defined		benefit
schemes					22,196	(22,196)
Net movement ln funds					35,410	(5,274)	30,136	(5,213)
RECONCILIATION OF FUNDS
Total funds brought	forward				16,216	102,006	118,222	123,435
TOTAL FUNDS CARRIED FORWARD					51,626	96,732	148,358	118,222

Investment management costs
	31.3.21 f	31.3.20 f
Property maintenance	4,897	7,912
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
	31.3.21 6	31.3.20 f
Depreciation - owned assets	2,360	2,778
Hire of plant and machinery	1,807	2,818

8.	TANGIBLE FIXEDAS	SETS
					Fixtures
			Freehold	Plant and	anti
			property f	machinery 8	fltlings 5
	COST
	At 1 April 2020 and 31	March 2021	125,636	27,008	240,001
	DEPRECIATION
	At 1 April 2020			11,267	240,001
	Charge for year			2,360
	At 31 March 2021			13,627	240,001
	NET BOOK VALUE
	At 31 March 2021		125,636	13,381
	At 31 March 2020		125,636	15,741
			Motor	Computer
			vehicles 2	equipment f	Totals f
	COST
	At 1 April 2020 and 31	March 2021	21,263	577	414,485
	DEPRECIATION
	At 1 Aprfl 2020		16,202	577	268,047
	Charge for year				2,360
	At 31 March 2021		16,202	577	270,407
	NET BOOK VALUE
	At 31 March 2021		5,061		144,078
	At 31 March 2020		5,061		146,438
	DEBTORS:AMOUNTS	FALLING DUE WITHIN ONE YEAR
				31.3.21	31.3.20
					2
	VAT			452	59
	Prepayments			2,855	2,974
				3,307	3,033
10.	CREDITORS: AMIOUNTS FALLING DUE WITHIN ONE YEAR
				31.3.21 f	31.3.20 f
	Bank loans and overdrafts (see note 12)				17,499
	Other loans (see note 12)			12,148	12,772
	Accrued expenses			770	770
				12,919	31,040

11.	CREDITORS	:	AMOUNT	S	FALLI	NG DUE AFTER	MORE THAN	ONE YEAR
									31.3.21	31.3.20 f
	EDDC mortgage								41,283	41,283
12.	LOANS
	An analysis ofthe maturity				of loans is given below:
									31.3.21 f	31.3.20 f
	Amounts falling		due within		ons year on demand:
	Bank overdraRs									17,499
	AHF Loan								12,148	12,772
									12,148	30,271
13.	MOVEMENT	IN FUNDS
									Net
									movement	At
								At 1.4.20 f	in funds	31.3.21 f
	Unrestricted	funds
	General fund							16,216	35,410	51,626
	Restricted funds
	Saloon Fund							18,878		18,878
	Hub Training	fund						3,415	«,316)	2,099
	Jocelyns Book							2,754	(2,754)
	PHE Grant							76,959	«9,954)	57,005
	Porch Fund								18,750	18,750
								102,006	(5,274)	96,732
	TOTAL FUNDS							118,222	30,136	148,358
	Net movement		in funds,	included		in the above are	as follows:
							Incoming	Resources	Gains and	Movement
							resources f	expended f	losses f	in funds f
	Unrestricted	funds
	General fund						33,728	(20,514)	22,196	35,410
	Restricted funds
	Hub Training fund Jocelyns Book PHE Grant							(370) «,458)	(946) (2,754) «8',496)	«,316) (2,754) «9,954)
	Porch Fund						18,750			18,750
							18,750	«,828)	(22,196)	(5,274)
	TOTAL FUNDS						52,478	(22,342)		30,136

A current yea as follows:	r 12months and prior	year 12 months combined n	et movement in f	unds, included i	n the above a
		Incoming	Resources	Gains and	Movement
		resources	expended	losses	in funds
					8
Unrestricted	funds
General fund		58,859	(44,653)	22,196	36,402
Restricted funds
Hub Training	fund		(2,631)	(946)	(3,577)
Jocelyns Book				(2,754)	(2,754)
PHE Grant		1	(5,403)	(18,496)	(23,898)
Porch Fund		18,750			18,750
		18,751	(8,034)	(22,196)	(11,479)
TOTAL FUNDS		77,610	(52,687)		24,923

		THE POLTIMORE HOUSE TRUST
		DETAILED STATEMENT OF FINANCIAL ACTIVITIES
		FOR THE YEAR ENDED 31 MARCH 2021
			31.3.21f	31.3.20f
INCOME AND ENDOWMENTS
Donations and legacies
Gifts			638	807
Donations			5,953	13,345
Gift aid			723	1,072
Grants			39,614
Hire ofhouse &grounds			(135)	6,032
			46,793	21,256
Other trading activities
Fundraising events			2,605	516
Investment income
Rents received			2,800	2,240
Deposit account interest			280	1,120
			3,080	3,360
Total Incoming resources			52,478	25,132
EXPENDITURE
Investment management	costs
Property maintenance			4,897	7,912
Support costs
Management
Machinery expenses			1,807	2,818
Rates and water			798	2,276
Subscriptions & insurance			4,343	3,251
Light and heat			5,153	6,324
Telephone			492	390
Sundries			473	1,633
			13,066	16,692
Other
Plant and machinery			2,360	2,778
Governance costs
Accountancy and legal fees			1,163	1,150
Bank interest			856	1,813
			2,019	2,963
Total resources expended			22,342	30,345
Net Income/(expenditure)			30,136	(5,213)