| Page | |||||||
|---|---|---|---|---|---|---|---|
| Trustees' annual report |
(incorporating | the | directors' report) | ||||
| Independent examiners |
report | to the | trustees | ||||
| Statement offinancial | activities | (including | income and expenditure | account) | |||
| Balance sheet | |||||||
| Notes to the financial | statements |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | |||||
| Income and endowments | Note | funds | funds 8 |
Total funds f |
Total funds 2 |
|
| Donations and legacies Charitable activities Other trading activities Investment income |
5 8 7 8 |
127,427 11,535 73,774 67 |
164,928 | 292,355 11,535 73,774 67 |
156,163 31,294 84,267 108 |
|
| Total income | 212,803 | 164,928 | 377,731 | 271,832 | ||
| Expenditure | ||||||
| Raising funds | ||||||
| Costs ofother trading Charitable activities |
activities | 9 10 |
(110,763) (35,459) |
(146,722) | (110,763) (182,181) |
(129,924) (162,799) |
| Total expenditure | (146,222) | (146,722) | (292,944) | (292,723) | ||
| Net expenditure before transfer offunds |
66,581 | 18,206 | 84,787 | (20,891) | ||
| Transfers between funds |
42,007 | (42,007) | ||||
| Net movement in funds |
108,588 | (23,801) | 84,787 | (20,891) | ||
| Reconciliation offunds |
||||||
| Total funds brought forward |
170,211 | 26,844 | 197,055 | 217,946 | ||
| Total funds carried forward | 278,799 | 3,043 | 281,842 | 197,055 |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| Note | 6 | |||||
| Fixed assets | ||||||
| Tangible fixed assets | 15 | 167,701 | 121,650 | |||
| Current assets | ||||||
| Debtors Cash at bank and in |
hand | 16 | 21,648 239,986 |
12,146 126,011 |
||
| 261,634 | 138,157 | |||||
| Creditors: Amounts | falling due within | |||||
| one year | 17 | (147,493) | (62,752) | |||
| Net current assets | 114,141 | 75,405 | ||||
| Total assets less currant liabilities | 281,842 | 197,055 | ||||
| Funds ofthe charity | ||||||
| Restricted funds Unrestricted funds |
3,043 278,799 |
26,844 170,211 |
||||
| Total charity funds | 19 | 281,842 | 197,055 |
| in respect ofthe guarantee is limited to 61 pe Donations and legacies |
r member ofthe charity. | p, | |
|---|---|---|---|
| Unrestricted | Restricted | Total Funds | |
| Funds f |
Funds | 2021 | |
| Donations | |||
| Other (Donations) | 3,966 | 3,966 | |
| Grants | |||
| Norfolk County Council North Norfolk District Council National Lottery Awards for Afi |
19,104 10,000 |
37,773 13,002 39,530 |
56,877 23,002 39,530 |
| Mercers Victory Housing |
28,776 2,000 |
28,776 2,000 |
|
| Big Lottery coronavirus support |
10,000 | 10,000 | |
| Norfolk Community Foundation Anglian Water Edward Gosling Foundation Independent Age Sheringham Shoal Fund Bernard Sunley Foundation Covid-19 Job Retention Scheme Other grants |
5,000 5,000 10,000 15,000 16,143 33,214 |
5,000 25,000 5,000 8,847 |
5,000 5,000 15,000 15,000 25,000 5,000 16,143 42,061 |
| 127,427 | 164,928 | 292,355 |
| Unrestricted | Restricted | Total Funds | ||||
|---|---|---|---|---|---|---|
| Donations | Funds f |
Funds | 2020 6 |
|||
| Other(Donations) | 8,970 | 8,970 | ||||
| Grants | ||||||
| Norfolk County Council North Norfolk District Council Parish and Towns Councils National Lottery Awards for All Edward Ghostling Sobeg Foundation Other grants individually belowf3,000 |
20,445 12,000 1,510 19,763 13,885 |
34,437 19,765 12,388 5,000 8,000 |
20,455 46,437 1,510 39,528 12,388 5,000 21,885 |
|||
| 76,573 | 79,590 | 156,163 | ||||
| 6. | Charitable activities |
|||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||
| Subscriptions and fares |
Funds 11,535 |
2021 11,535 |
Funds 6 31,294 |
2020 f 31,294 |
||
| 7. | Other trading activities | |||||
| Unrestricted | Total Funds | Unresgicted | Toial Funds | |||
| Funds | 2021 | Funds | 2020 | |||
| Contracts | 6 73,774 |
6 73,774 |
84,267 | 6 84,267 |
||
| 8. | Investment income |
|||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||
| Funds | 2021 | Funds | 2020 | |||
| Interest Receivable | 67 | 6 67 |
6 108 |
6 108 |
| 9. | Costs ofo | ther trading act | ivities | |||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Torsi Funds | |||||
| Contracts Management |
and administration | Funds E 59,812 50,951 |
2021 f 59,812 50,951 |
Funds f 70,159 59,765 |
2020 f 70,159 59,765 |
|||
| 110,763 | 110,763 | 129,924 | 129,924 | |||||
| 10. | Expenditure | on charitable | activities | |||||
| Unrestricted | Restricted | TotalFunds | ||||||
| Provision of Management Governance |
Transport and administration costs |
Funds 18,365 15,644 1,450 |
Funds f 79,230 67,492 |
2021 f 97,595 83,136 1,450 |
||||
| 35,459 | 146,722 | 182,181 | ||||||
| Unrestricted | Restricted | Total Funds | ||||||
| Provision of Management Governance |
Transport and administration costs |
Funds E 70,995 29,008 1,450 |
Funds f 39,756 21,590 |
2020 E 110,751 50,598 1,450 |
||||
| 101,453 | 61,346 | 162,799 | ||||||
| 11. | Analysis of | governance costs | ||||||
| Total Funds | Total Funds | |||||||
| 2021 | 2020 | |||||||
| E | ||||||||
| Independent | exam | 1,450 | 1,450 | |||||
| 12. | Nst expenditure | |||||||
| Net expenditure is stated aRer charging/(crediting): |
||||||||
| Depreciation | oftangible fixed | assets | 2021 E 47,169 |
2020 f 23,594 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| Wages and salaries Social security costs Employer contributions |
to pension | plans | 6 160,500 9,621 2,600 |
6 154,483 7,113 2,679 |
| 172,721 | 164,275 | |||
| The average head count duding the | pediod was 11(2020:13). |
| Tangible fixed assets | |||
|---|---|---|---|
| Motor | |||
| Cost | vehicles 6 |
Equipment 6 |
Total 8 |
| At 1 April 2020 Additions |
265,844 93,220 |
7,242 | 273,086 93,220 |
| At 31March 2021 | 359,064 | 7,242 | 366,306 |
| Depreciation | |||
| At 1 April 2020 Charge forthe year |
147,074 45,729 |
4,362 1,440 |
151,436 47,169 |
| At 31March 2021 | 192,803 | 5,802 | 198,605 |
| Carrying amount | |||
| At 31 March 2021 | 166,261 | 1,440 | 167,701 |
| At 31 March 2020 | 118,770 | 2,880 | 121,650 |
| 2021 | 2020 | ||
|---|---|---|---|
| Trade debtors Prepayments and accrued income Other debtors |
6 3,868 12,349 5,431 |
180 7,995 3,971 |
|
| 21,648 | 12,146 | ||
| Creditors: Amounts falgng due within one year |
|||
| 2021 | 2020 | ||
| Trade creditors Accruals and deferred income Social security and other taxes Obligations under finance leases and hire purchase Other creditors |
contracts | 8,049 128,222 2,628 8,594 |
6,744 42,957 2,520 6,829 3,704 |
| 147,493 | 62,754 | ||
| 2021 | 2020 | ||
| Deferred during the year |
78,605 | 19,765 | |
| Deferred income carried forward | 78,605 | 19,765 |
| The total future follows: |
minim | um lea |
se payments und |
er finance l | eases and hire | purchase con |
tracts are a |
|---|---|---|---|---|---|---|---|
| 2021 | 2020 | ||||||
| Not later than 1 |
year | 8 | 6 6,829 |
||||
| 6,829 | |||||||
| Analysis ofcharitable | funds | ||||||
| 2021 | |||||||
| unrestricted funds |
|||||||
| At 31Mar | |||||||
| At 1 Apr 2020 | Income | Expenditure | Transfers | 2021 | |||
| General funds Capital reserves |
2 48,561 121,650 |
8 212,803 |
(99,053) (47,169) |
(51,213) 93,220 |
8 111,098 167,701 |
||
| 170,211 | 212,803 | (146,222) | 42,007 | 278,799 | |||
| Restricted funds | |||||||
| At 31 Mar | |||||||
| North Norfolk District Council Edward Gostling Foundation National Lottery Awards for All Albert Hunt Trust Electric car fund Norfolk County Council Mercers Victory Housing |
At 1 Apr 2020f 21,750 376 2,718 2,000 |
Incomef 13,002 39,530 43,847 37,773 28,776 2,000 |
Expenditure (31,709) (376) (42,248) (2,000) (1,840) (37,773) (28,776) (2,000) |
Transfers (42,007) |
2021 6 3,043 |
||
| 26,844 | 164,928 | (146,722) | (42,007) | 3,043 | |||
| Total funds | 197,055 | 377,731 | (292,944) | 281,842 |
| Analysis ofnet as | sets betw | een funds | ||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | TotalFunds | ||||||
| Tangible fixed assets Current assets Creditors less than 1 year |
Funds 167,701 229,751 (118,653) |
Funds f 31,883 (28,840) |
2021 f 167,701 261,634 (147,493) |
|||||
| Net assets | 278,799 | 3,043 | 281,842 | |||||
| Unrestricted | Restricted | Total Funds | ||||||
| Funds 6 |
Funds 6 |
2020 f |
||||||
| Tangible fixed assets Current assets Creditors less than 1 year |
121,650 89,561 (41,000) |
48,596 (21,752) |
121,650 138,157 (62,752) |
|||||
| Nst assets | 170,211 | 26,844 | 197,055 | |||||
| Financial instruments | ||||||||
| The carrying amount | for each category offinancial | instrument | isss follows: | |||||
| 2021 | 2020 | |||||||
| 8 | ||||||||
| Financial assets that are debt instruments | measured | at amortised cost | ||||||
| Trade debtors (note 16) Accrued income (note 16) |
3,868 1,075 |
180 1,075 |
||||||
| 4,943 | 1,255 | |||||||
| Financial liabilities |
measured | at amortissd | cost | |||||
| Trade creditors (note 17) Accruals (note 17) Other creditors (note 17) Obligations under finance leases and hire purchase |
contracts | due | 8,049 1,450 8,594 |
6,744 1,440 3,148 |
||||
| within one year (note | 18) | 8,829 | ||||||
| 18,093 | 18,161 |