## ||||Pages| |---|---|---|---| |Trustees'
Annual
Report|||2to3| |Independent
Examiner's|Report||| |Statement of Financial Activities|||| |Summary
Income and Expenditure||Account|| |Balance Sheet|||| |Statement ofCash flows|||| |Notes to the Accounts|||9to16| |Detailed Statement of Financial Activities|||17to 18| ## ## ## ## ## ## ## ## ## ## ## |Statement of Financial Activiti
forthe year ended 31March|es
2021|||| |---|---|---|---|---| |||Unrestricted||| |||funds|Total funds|Total funds| |||2021|2021|2020| ||Notes|E||E| |Income and endowments||||| |from:||||| |Donations
and legacies||35,179|35,179|55,759| |Charitable
activities||63,144|63,144|96,547| |Other trading activities||25,177|25,177|80,746| |Other||87,653|87,653|| |Total||211,153|211,153|233,052| |Expenditure
on:||||| |Charitable
activities||10,765|10,765|21,441| |Other||181,518|181,518|215,644| |Total||192,283|192,283|237,085| |Net gains on investments||||| |Net income/(expenditure)|10|18,870|18,870|(4,033)| |Transfers between funds||||| |Net income/(expenditure)
before other gains/(losses)||18,870|18,870|(4,033)| |Other gains and losses||||| |Net movement
in funds||18,870|18,870|(4,033)| |Reconciliation offunds:||||| |Total funds brought forward||12,057|12,057|16,090| |Total funds carried forward||30,927|30,927|12,057| ## |||||2021|2020| |---|---|---|---|---|---| |||||E|E| |Income||||211,153|233,052| |Gross income for||the year||211,153|233,052| |Expenditure||||161,182|205,455| |Depreciation|and|charges|for||| |impairment|offixed assets|||31,101|31,630| |Total expenditure||forthe|year|192,283|237,085| |Net income/(expenditure)|||before tax||| |forthe year||||18,870|(4,033)| |Net income|/(expenditure||)forthe year|18,870|(4,033)| |The Dengie Project
Balance Sheet|The Dengie Project
Balance Sheet|Trust||||| |---|---|---|---|---|---|---| |at 31March 2021||||||| |Company No.|03567073|||Notes|2021|2020| ||||||6|6| |Fixed assets||||||| |Tangible assets||||12|93,306|105,407| ||||||93,306|105,407| |Current assets||||||| |Stocks||||13|150|150| |Debtors||||14|10,206|13,077| |Cash at bank|and in hand||||35,251|4p722| ||||||45,607|17,949| |Creditors: Amount||falling|due within one year|15|(951)|(4,264)| |Net current assets|||||44,656|13,685| |Total assets less|current||liabilities||137,962|119,092| |Creditors: Amounts||falling|due after more than one year|16|(107,035)|(107,035)| |Net assets excluding pension asset or liability|||||30,927|12,057| |Total net assets|||||30,927|12,057| |The funds ofthe|charity|||||| |Restricted funds||||17||| |Unrestricted
funds||||17||| |General funds|||||30,927|12,057| ||||||30,927|12,057| |Reserves||||17||| |Total funds|||||30,927|12,057| ## |||||2021|2020| |---|---|---|---|---|---| |||||6|6| |Cash flows from operating|activities||||| |Net income/(expenditure)|per Statement|ofFinancial Activities||18,870|(4,033)| |Adjustments
for:|||||| |Depreciation ofproperty,
plant and equipment||||31,101|28,470| |Loss on disposal oftangible fixed assets|||||3,160| |Dividends,
interest and|rents from investments|||(87,653)|| |Decrease in trade and other receivables||||2,871|1,536| |Decrease in trade and other payabies||||(3,313)|(15,424)| |Net cash (used in)/provided|by operating|activities||(38,124)|13,709| |Cash flows from investing|activities||||| |Payments for property,|plant and equipment|||(19,000)|(16,090)| |Dividends,
interest and|rents from investments|||87,653|| |Net cash from/(used
in) investing
activities||||68,653|(15,690)| |Net cash from financing activities|||||| |Net increase/(decrease)
in|cash and cash equivalents|||30,529|(1,981)| |Cash and cash equivalents|atthe beginning||ofthe year|4,722|6,703| |Cash and cash equivalents|atthe end ofthe||year|35,251|4,722| |Components
ofcash and cash equivalents|||||| |Cash and bank balances||||35,251|4,722| |||||35,251|4,722| ## ## ## ## |last year and no chan|last year and no chan|last year and no chan|ges have been made to accounts for previous years.||||||||| |---|---|---|---|---|---|---|---|---|---|---|---| |Fund accounting|||||||||||| |Unrestricted||funds|These are available for use at the discretion ofthe trustees
in furtherance||||||of|the|| ||||general objects ofthe charity.||||||||| |Designated||funds|These are unrestricted
funds earmarked
by the trustees||for particular||purposes.||||| |Revaluation||funds|These are unrestricted
funds which include a revaluation|||reserve representing|||||the| ||||restatement
ofinvestment
assets at their market values.||||||||| |Restricted|funds||These are available for use subject to restrictions
imposed|||by the donor||or|through||| ||||terms ofan appeal.||||||||| |Income|||||||||||| |Recognition||of|Income is included
in the Statement of Financial Activities|||(SoFA) when|the||charity||| |income|||becomes entitled to, and virtually
certain to receive, the||income and the|||amount of|||| ||||the income can be measured
with sufficient
reliability.||||||||| |Income with||related|Where income has related expenditure
the income and||related expenditure|||||is|| |expenditure|||reported
gross in the SoFA.||||||||| |Donations|and||Voluntary
income received by way ofgrants, donations|and gifts is included|||||in||the| |legacies|||the SoFA when receivable
and
only when the Charity has|||unconditional|||||| ||||entitlement
to the income.||||||||| |Tax reclaims||on|Income from tax reclaims is included
in the SoFAat the|same time as the|||||||| |donations|and gifts||gift/donation
to which it relates.||||||||| |Donated services|||These are only included
in income (with an equivalent
amount
in expenditure)||||||||| |and facilities|||where the benefit to the Charity is reasonably
quantifiable,|||measurable||and|||| ||||material.||||||||| |Volunteer|help||The value ofany volunteer
help received is not included||in the accounts.||||||| |Investment||income|This is included
in the accounts when receivable.||||||||| |Gains/(losses)
on|||This includes
any gain or loss resulting
from revaluing
investments
to market|||||||value|| |revaluation||offixed|atthe end ofthe year.||||||||| |assets|||||||||||| |Gains/(losses)
on|||This includes
any gain or loss on the sale ofinvestments.||||||||| |investment||assets|||||||||| ## |s tothe Acc|s tothe Acc|ounts|||| |---|---|---|---|---|---| |Expenditure|||||| |Recognition||of|Expenditure
is recognised
on an accruals basis. Expenditure
includes||any VAT which| |expenditure|||cannot be fully recovered, and is reported
as part ofthe expenditure||to which it| ||||relates.||| |Expenditure||on|These comprise the costs associated
with attracting
voluntary|income, fundraising|| |raising funds|||trading costs and investment
management
costs.||| |Expenditure||on|These comprise the costs incurred
by the Charity
in the delivery ofits||activities and| |charitable|activities||services in the furtherance
of its objects, including the making|ofgrants and|| ||||governance
costs.||| |Grants payable|||All grant expenditure
isaccounted for on an actual paid basis|plus an|accrual for| ||||grants that have been approved
by the trustees atthe end of|the year but not yet|| ||||paid.||| |Governance||costs|These include those costs associated with meeting the constitutional||and statutory| ||||requirements
ofthe Charity, including
any audit/independent|examination
fees,|| ||||costs linked to the strategic management
ofthe Charity, together with a share of||| ||||other administration
costs.||| |Other expenditure|||These are support costs not allocated to a particular
activity.||| ## ## ## ## ## ## ## ## ## ## |3|Statemen|t|ofFinancial|Activities - prior year|||| |---|---|---|---|---|---|---|---| |||||||Unrestricted|| |||||||funds|Totalfunds| |||||||2020|2020| |Income and endowments||||from:|||| ||Donations||and legacies|||55,759|55,759| ||Charitable||activities|||96,547|96,547| ||Other trading
activities|||||80,746|80,746| |Total||||||233,052|233,052| |Expenditure||on:|||||| ||Charitable||activities|||21,441|21,441| ||Other|||||215,644|215,644| |Total||||||237,085|237,085| |Net|income|||||(4,033)|(4,0331| |Net|income before other||||||| |gains/(losses)||||||(4,033)|(4,033)| |Other gains and losses:|||||||| |Net|movement||in funds|||(4,033)|(4,033)| |Reconciliation|||offunds:||||| |Total funds brought forward||||||16,090|16,090| |Total funds carried forward||||||12,057|12,057| |4|Income from donations|||and legacies|||| ||||||Unrestricted|Total|Total| |||||||2021|2020| |||||||E|| ||Donations||and grants||35,179|35,179|55,759| ||||||35,179|35,179|55,759| |5|Income from charitable|||activities|||| ||||||Unrestricted|Total|Total| |||||||2021|2020| ||Income from charitable||||||| ||events||||63,144|63,144|96,547| ||||||63,144|63,144|96,547| ## ||||||Unrestricted|Total|Total| |---|---|---|---|---|---|---|---| |||||||2021|2020| |||||||E|f| ||Trading and|rental income|||25,177|25,177|80,746| ||||||25,177|25,177|80,746| |7|Other income||||||| ||||||Unrestricted|Total|Total| |||||||2021|2020| |||||||f|| ||||||87,653|87,653|| ||||||87,653|87,653|| |8|Expenditure|on charitable||activities|||| ||||||Unrestricted|Total|Total| |||||||2021|2020| ||Expenditure|on charitable|||||| ||activities||||||| ||Income from|charitable|||||| ||events||||10,765|10,765|21,441| ||Governance|costs|||||| ||||||10,765|10,765|21,441| |9|Other expenditure||||||| ||||||Unrestricted|Total|Total| |||||||2021|2020| ||Employee costs||||109,365|109,365|146,038| ||Motor and travel costs||||4,447|4,447|6,755| ||Premises costs||||27,720|27,720|23,651| ||Amortisation,|depreciation,|||||| ||impairment,|profit/lass|on||31,101|31,101|31,630| ||disposal offixed assets||||||| ||General administrative||costs||3,372|3,372|2,327| ||Legal and professional||costs||5,513|5,513|5,243| ||||||181,518|181,518|215,644| |10|Net Income/(expenditure)|||before transfers|||| ||||||2021||2020| ||This isstated|after charging:|||f||f| ||Depreciation|ofowned|fixed assets||31,101||28,470| |11|Staff costs||||||| |---|---|---|---|---|---|---|---| ||Salaries and wages||||108,548||144,492| ||Pension costs||||817||1,546| ||||||109,365||146,038| ||No employee|received emoluments||in excess off60,000.|||| |12|Tangible fixed assets||||||| ||||||Land and|Plant and|| ||||||||Total| ||||||buildings|Machinery|| ||Cost or revaluation||||||| ||At 1April 2020||||140,000|89,847|229,847| ||Additions|||||19,000|19,000| ||At 31March 2021||||140,000|108,847|248,847| ||Depreciation|and|||||| ||impairment||||||| ||At 1April 2020||||60,000|64,440|124,440| ||Depreciation|charge for the|||20,000|11,101|31,101| ||year||||||| ||At31March 2021||||80,000|75,541|155,541| ||Net book values||||||| ||At 31March 2021||||60,000|33,306|93,306| ||At 31March 2020||||80,000|25,407|105,407| |13|Stocks||||||| ||||||2021||2020| ||||||f||f| ||Finished goods||||150||150| ||||||150||150| ||Carrying value analysed||by activities||2021||2020| ||||||f||f| ||Trading and rentalincome||||150||150| ||||||150||150| |14|Debtors||||||| ||||||2021||2020| ||||||f||f| ||Trade debtors||||939||4,020| ||Other debtors||||7,305||7,305| ||Prepayments|and accrued income|||1,962||1,752| ||||||10,206||13,077| ## |15|Creditors:||||||| |---|---|---|---|---|---|---|---| ||amounts|failing due within one year|||||| ||||||2021||2020| ||||||E||E| ||Trade creditors||||2,077||3,399| ||Other taxes||and social security||(1,126)||865| ||||||951||4,264| |16|Creditors:||||||| ||amounts|falling due after more than one year|||||| ||||||2021||2020| ||||||E||E| ||Other creditors||||107,035||107,035| ||||||107,035||107,035| |17|Movement||in funds||||| ||||||Incoming||| ||||||resources||At 31| |||||At 1April|(including
other
gains/losses|Resources
expended|March
2021| |||||2020|)||| ||||||E||| ||Restricted|funds:|||||| ||Unrestricted||funds:||||| ||General funds|||12,057|211,153|(192,283)|30,927| ||Revaluation||Reserves:||||| ||Total funds|||12,057|211,153|(192,283)|30,927| |18|Analysis of||net assets between funds||||| ||||||Unrestricted|Restricted|| ||||||||Total| ||||||funds|funds|| ||||||E||E| ||Fixed assets||||93,306||93,306| ||Net current||assets||43,530|1,126|44,656| ||Creditors
provisions|due in more than one year and|||(107,035)||(107,035)| ||||||29,801|1,126|30,927| ## |||||||||At 31| |---|---|---|---|---|---|---|---|---| |||||||At 1April||March| |||||||2020|Cash flows|2021| |||||||f|f.|f| |Cash and||cash equivalents||||4,722|30,529|35,251| |||||||4,722|30,529|35,251| |Net debt||||||4,722|30,529|35,251| |Commitments||||||||| |Operating||lease commitments||||||| |Annual|commitments||under non-cancellable|operating|leases are as follows:|||| ||||||2021|2021|2020|2020| |||||land|and||land and|| |||||||Other||Other| |||||buildings|||buildings|| ||||||f||f|| |Operating||leases with|expiry date:|||||| |Pension|commi tments|||||||| |||||||2021||2020| |||||||f||f| |The pension cost charge to the company||||||||| |amounted||to:||||817||1,546| ## ## ## |forthe year ended|31M||arch 2021|||| |---|---|---|---|---|---|---| |||||Unrestricted||| |||||funds|Total funds|Total funds| |||||2021|2021|2020| |||||E|f|| |Income and endowments|||from:|||| |Donations and legacies||||||| |Donations
and grants||||35,179|35,179|55,759| |||||35,179|35,179|55,759| |Charitable
activities||||||| |Income from charitable|||events|63,144|63,144|96,547| |||||63,144|63,144|96,547| |Other trading activities||||||| |Trading and rental|income|||25,177|25,177|80,746| |||||25,177|25,177|80,746| |Other||||||| |||||87,653|87,653|| |||||87,653|87,653|| |Total income and endowments||||211,153|211,153|233,052| |Expenditure
on:||||||| |Charitable
activities||||||| |Income from charitable|||events|10,765|10,765|21,441| |||||10,765|10,765|21,441| |Total ofexpenditure
activities|on||charitable|10,765|10,765|21,441| |Employee costs||||||| |Salaries/wages||||108,548|108,548|144,492| |Pension costs||||817|817|1,546| |||||109,365|109,365|146,038| |Motor and travel costs||||||| |Vehicles - General|costs|||3,893|3,893|6,450| |Travel and subsistence||||554|554|305| |||||4,447|4,447|6,755| |Premises costs||||||| |Rent||||16,068|16,068|12,231| |Rates||||43|43|1,144| |Light, heat and power||||841|841|1,374| |Other premises costs||||10,768|10,768|8,902| |||||27,720|27,720|23,651| |Genera
I administrative|||costs,|||| |including
depreciation||and||||| |amortisation||||||| |Depreciation
of land and
buildings||||20,000|20,000|20,000| ## ## |Detailed Statement ofF|inancia|l Activities|||| |---|---|---|---|---|---| |Depreciation
ofPlant
Machinery|and||11,101|11,101|8,470| |Loss on disposal oftangible||Fixed|||3,160| |assets|||||| |Bad debts|||||298| |General insurances|||330|330|565| |Telephone,
fax and broadband|||3,042|3,042|1,464| ||||34,473|34,473|33,957| |Legal and professional|costs||||| |Audit/Independent
examination
fees|||1,848|1,848|2,448| |Other legal and professional|||3,665|3,665|2,795| |costs|||||| ||||5,513|5,513|5,243| |Total ofexpenditure
of|other|costs|181,518|181,518|215,644| |Total expenditure|||192,283|192,283|237,085| |Net gains on investments|||||| |Net income/(expenditure)|||18,870|18,870|(4,033)| |Net income/(expenditure)
other gains/(losses)|before||18,870|18,870|(4,033)| |Other Gains|||||| |Net movement
in funds|||18,870|18,870|(4,033)| |Reconciliation offunds:|||||| |Total funds brought forward|||12,057|12,057|16,090| |Total funds carried forward|||30,927|30,927|12,057|