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|||Page|
|---|---|---|
|Trustees'
report||1-5|
|Statement oftrustees'|responsibilities||
|Independent
auditor's|report|7-9|
|Statement offinancial|activities|10|
|Balance sheet||11-12|
|Statement ofcash flows||13|
|Notes to the financial|statements|14-27|
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||||||Unrestricted|Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|---|---|
||||||funds|funds|funds|2021|2020|
||||||general|designated||||
|||||Notes|6|6||||
|Income and endowments|||from.|||||||
|Donations
and|legacies|||3|2,032|||2,032|3,442|
|Charitable
activities||||4|1,445,213|||1,445,213|1,527,055|
|Investments||||5|1,682|||1,682|2,245|
|Other income||||6||||||
|Total income|||||1,448,927|||1,448,927|1,532,742|
|~E*
Cht||||||||||
|Charitable
activities||||7|1,415,249|8,628|998|1,424,875|1,551,116|
|Net gains/(losses)||on investments||||||||
||||||(1,204)|||(1,204)|2,229|
|Net outgoing resources|||before|||||||
|transfers|||||32,474|(8,628)|(998)|22,848|(16,145)|
|Gross transfers|between||funds||(25,241)|25,241||||
|Net movement|in|funds|||7,233|16,613|(998)|22,848|(16,145)|
|Fund balances|at 1 April||2020||879,006|544,902|15,150|1,439,058|1,455,203|
|Fund balances|at|31 March||||||||
|2021|||||886,239|561,515|14,152|1,461,906|1,439,058|
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|||||2021||2020||
|---|---|---|---|---|---|---|---|
||||Notes|6||f||
|Fixed assets||||||||
|Tangible assets|||12||681,535||694,745|
|Investments|||13||46,790||47,994|
||||||728,325||742,739|
|Current assets||||||||
|Debtors|||15|126,291||98,535||
|Cash at bank and in||hand||733,089||760,099||
|||||859,380||858,634||
|Creditors:|amounts|falling due within||||||
|one year|||17|(54,911)||(82,470)||
|Net current|assets||||804,469||776,164|
|Total assets less current liabilities|||||1,532,794||1,518,903|
|Creditors:|amounts|falling due after||||||
|more than|one year||18||(70,888)||(79,845)|
|Net assets|||||1,461,906||1,439,058|
|Income funds||||||||
|Restricted|funds||19||14,152||15,150|
|Unrestricted|funds|||||||
|Designated|funds||20|561,515||544,902||
|General
unrestricted||funds||886,239||879,006||
||||||1,447,754||1,423,908|
||||||1,461,906||1,439,058|
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||||||2021||2019||
|---|---|---|---|---|---|---|---|---|
|||||Notes|8||8||
|Cash flows from operating||activities|||||||
|Cash absorbed
by operations||||24||11,301||44,424|
|Investing|activities||||||||
|Purchase|oftangible
fixed assets||||(13,327)||(13,960)||
|Proceeds|on disposal oftangible||fixed||||||
|assets|||||622||||
|Interest received|||||1,682||2,245||
|Net cash used in investing||activities||||(11,023)||(11,715)|
|Financing|activities||||||||
|Repayment|ofbank loans||||(27,288)||(44,050)||
|Net cash|used in financing|activities||||(27,288)||(44,050)|
|Net decrease
in cash and||cash|equivalents|||(27,010)||(11,341)|
|Cash and|cash equivalents|at beginning||ofyear||760,099||771,440|
|Cash and|cash equivalents|at end of||year||733,089||760,099|
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||||2021|2020|
|---|---|---|---|---|
||||6|6|
|Supporting|people grants||747,967|840,073|
|Charitable|rental income||550,558|509,265|
|Other funding|||146,688|177,717|
||||1,445,213|1,527,055|
|Analysis|by|fund|||
|Unrestricted||funds - general|1,445,213|1,527,055|
|Unrestricted||funds - designated|||
||||1,445,213|1,527,055|
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|2021|2020|
|---|---|
|6|6|
|1,682|2,245|
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|||2021|2020|
|---|---|---|---|
|||6|6|
|Net gain on disposal oftangible|fixed assets|||
|Other income||||
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##
||||||2021|2020|
|---|---|---|---|---|---|---|
|||||||8|
|Staff costs|||||986,190|1,094,081|
|Depreciation
and impairment|||||11,405|10,071|
|Rent, rates and water|||||36,567|40,143|
|Light and heat|||||15,840|15,871|
|Insurance|||||15,537|15,410|
|Repairs and renewals|||||56,744|63,826|
|Property service charge|||||116,893|114,302|
|Other direct costs|||||30,881|60,988|
|Legal and professional||fees|||16,308|10,935|
|Finance costs|||||3,532|5,770|
|Office costs|||||82,583|65,830|
||||||1,372,480|1,497,227|
|Share ofsupport costs||(see note 8)|||48,795|48,795|
|Share ofgovernance|costs (see note 8)||||3,600|5,094|
||||||1,424,875|1,551,116|
|Analysis
by fund|||||||
|Unrestricted
funds - general|||||1,415,249|1,526,168|
|Unrestricted
funds - designated|||||8,628|23,904|
|Restricted funds|||||998|1,044|
||||||1,424,875|1,551,116|
|Supportcosts|||||||
||||Support|Governance|2021|2020|
||||costs|costs|||
||||8|F|||
|Staff costs|||33,961||33,961|33,961|
|Depreciation|||14,834||14,834|14,834|
|Audit fees||||3,600|3,600|4,860|
|Legal and professional||||||234|
||||48,795|3,600|52,395|53,889|
|Analysed
between|||||||
|Charitable
activities|||48,795|3,600|52,395|53,889|
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|The average
|monthly
number ofemployees
during t|he year was:||
|---|---|---|---|
|||2021|2020|
|||Number|Number|
|Managerial||6|6|
|Administrative||4|4|
|Project work||38|44|
|||48|54|
|Employment|costs|2021|2020|
|||8|8|
|Wages and salaries||903,778|996,076|
|Social security|costs|73,343|83,609|
|Other pension|costs|43,030|48,357|
|||1,020,151|1,128,042|
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|||2021|2020|
|---|---|---|---|
|||6|E|
|Revaluation|ofinvestments|(1,204)|2,229|
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|12|Tangible fixed assets|Tangible fixed assets|||||||
|---|---|---|---|---|---|---|---|---|
||||||Land and|Fixtures, Motor vehicles||Total|
||||||buildings|fittings &|||
|||||||equipment|||
|||||||8|6||
||Cost||||||||
||At 1 April 2020||||861,704|179,071|1,295|1,042,070|
||Additions|||||11,227|2,100|13,327|
||Disposals|||||(14,552)|(1,295)|(15,847)|
||At 31 March|2021|||861,704|175,746|2,100|1,039,550|
||Depreciation|and impairment|||||||
||At 1 April 2020||||194,522|151,832|971|347,325|
||Depreciation|charged|in|the year|14,834|10,556|525|25,915|
||Depreciation|eliminated||on disposals||(14,254)|(971)|(15,225)|
||At 31 March|2021|||209,356|148,134|525|358,015|
||Carrying
amount||||||||
||At 31 March|2021|||652,348|27,612|1,575|681,535|
||At 31 March|2020|||667,182|27,239|324|694,745|
|13|Fixed asset|investments|||||||
|||||||||Unlisted|
|||||||||investments|
||Cost or valuation||||||||
||At 1 April 2020|||||||47,994|
||Valuation
changes|||||||(1,204)|
||At 31 March|2021||||||46,790|
||Carrying
amount||||||||
||At 31 March|2021||||||46,790|
||At 31 March|2020||||||47,994|
|14|Financial|instruments|instruments||||2021|2020|
|---|---|---|---|---|---|---|---|---|
||||||||8|6|
||Carrying|amount|offinancial||assets||||
||Debt instruments||measured|at amortised||cost|113,270|68,668|
||Equity instruments||measured||at cost less|impairment|46,790|47,994|
||Carrying|amount|offinancial||liabilities||||
||Measured|at amortised
cost|||||109,120|141,784|
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|Debtors|||||
|---|---|---|---|---|
||||2021|2020|
|Amounts|falling due within one year:||f|6|
|Trade debtors|||113,270|68,668|
|Prepayments||and accrued income|13,021|29,867|
||||126,291|98,535|
|Loans and overdrafts|||||
||||2021|2020|
||||6||
|Bank loans|||79,148|106,436|
|Payable|within|one year|8,260|26,591|
|Payable|after|one year|70,888|79,845|
##
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|Creditors: am|ounts
f|alling due within one year||||
|---|---|---|---|---|---|
|||||2021|2020|
||||Notes|6|6|
|Bankloans|||16|8,260|26,591|
|Other taxation|and social security|||16,679|20,531|
|Trade creditors||||5,581|5,423|
|Other creditors||||5,384|8,044|
|Accruals and deferred||income||19,007|21,881|
|||||54,911|82,470|
|Credi|tors: amounts
falling due after|more than one year|||
|---|---|---|---|---|
||||2021|2020|
|||Notes|6|6|
|Bank|loans|16|70,888|79,845|
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||||||Movement|in funds|in funds||
|---|---|---|---|---|---|---|---|---|
|||||Balance at 1|Incoming|Resources||Balance at 31|
|||||April 2020|resources||expended|March 2021|
|||||6|8||6|f|
|Building|fund|||7,343|||(817)|6,526|
|Fleming|Gardens|furniture|fund|935|||(181)|754|
|RMBC|Buy-to-let|||6,872||||6,872|
|||||15,150|||(998)|14152|
||||||Movement|rn|funds||
||||||previous|year|||
|||||Balance at 1|Incoming|Resources||Balance at 31|
|||||April 2019
F|resources
f||expended
8|March 2020
8|
|Building|fund|||8,160|||(817)|7,343|
|Fleming|Gardens|furniture|fund|1,162|||(226)|935|
|RMBC|Buy-to-1st|||6,872||||6,872|
|||||16,194|||(1,044)|15,150|
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||||||||Movement
in funds|Movement
in funds|||
|---|---|---|---|---|---|---|---|---|---|---|
|||||||Balance at 1|Incoming|Resources|Transfers|Balance at 31|
|||||||April 2020|resources|expended||March 2021|
|||||||6|F||8|6|
|Contingency|and redundancy||||fund|505,515||||505,515|
|Maternity
fund||||||15,345||(8,628)|11,283|18,000|
|Major repairs||fund||||7,399|||12,601|20,000|
|IT Equipment||fund||||16,643|||1,357|18,000|
|||||||544,902||(8,628)|25,241|561,515|
||||||||Movement|in funds
-previous year|||
|||||||Balance at 1|Incoming|Resources|Transfers|Balance at 31|
|||||||April 2019|resources|expended||March 2020|
|||||||8|||6|6|
|Contingency|and redundancy||||fund|505,515||||505,515|
|Maternity
fund||||||13,196||(12,851)|15,000|15,345|
|Major repairs||fund||||225||(7,826)|15,000|7,399|
|IT Equipment||fund||||19,870||(3,227)||16,643|
|Peile House|NQSW Fund|||||697|||(697)||
|Peile House|Fundraising|||||7,130|||(7,130)||
|Peile House|Student||Fund|||2,240|||(2,240)||
|Buttle Trust||||||654|||(654)||
|Green Gables||Student||Fund||5,300|||(5,300)||
|Green Gables||Garden||Fund||633|||(633)||
|Fleming
Garden Student and|||||Family||||||
|Fund||||||19,719|||(19,719)||
|||||||575,180||(23,904)|(6,374)|544,902|
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|21|Analysis of net assets between funds|||||
|---|---|---|---|---|---|
|||Unrestricted|Designated|Restricted|Total|
|||funds|funds|funds||
||||6|6||
||Fund balances at 31 March 2021 are|||||
||represented
by:|||||
||Tangible assets|675,009||6,526|681,535|
||Investments|46,790|||46,790|
||Current assets/(liabilities)|235,328|561,515|7,626|804,469|
||Long term liabilities|(70,888)|||(70,888)|
|||886,239|561,515|14,152|1,461,906|
|||Unrestricted|Designated|Restricted|Total|
|||funds
6|fundsf|funds
6||
||Fund balances at 31 March 2020 are|||||
||represented
by:|||||
||Tangible assets|687,312||7,433|694,745|
||Investments|47,994|||47,994|
||Current assets/(liabilities)|223,545|544,902|7,717|776,164|
||Long term liabilities|(79,845)|||(79,845)|
|||879,006|544,902|15,150|1,439,058|
##
||2021|2020|
|---|---|---|
||6|6|
|Within one year|9,645|27,645|
|Between two and five years|1,411|11,056|
||11,056|38,701|
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|24|Cash generated
from operations|||2021|2020|
|---|---|---|---|---|---|
|||||6|6|
||Surplus/(Deficit)
for the year|||22,848|(16,145)|
||Adjustments
for:|||||
||Investment
income recognised
in statement
Gain on disposal oftangible
fixed assets|offinancial|activities|(1,682)|(2,245)|
||Fair value gains and losses on investments
Depreciation
and impairment
oftangible fixed assets|||1,204
25,915|(2,229)
24,904|
||Movements
in working
capital:|||||
||(Increase)
in debtors
Increase/(decrease)
in creditors|||(27,756)
(9,228)|57,556
(17,417)|
||Cash absorbed
by operations|||11,301|44,424|