| Pages | |||||||
|---|---|---|---|---|---|---|---|
| Trustees' annual report |
(incorporating | the | directors' | report) | |||
| Independent examiner's |
report to the | trustees | |||||
| Statement offinancial activities |
(including | income and expenditure | account) | ||||
| Balance sheet | 10 | ||||||
| Notes to the financial statements |
| 2021 | 2021 | 2020 | |||
|---|---|---|---|---|---|
| Unrestricted | |||||
| funds | Total funds | Total funds | |||
| Note | f | E | f. | ||
| Income and endowments | |||||
| Donations and legacies |
38,820 | 38,820 | 32,652 | ||
| Charitable activities |
21,842 | 21,842 | |||
| Other trading activities |
2,792 | 2,792 | 373 | ||
| Investment income |
783 | 783 | 1,914 | ||
| Total income | 64,237 | 64,237 | 34,939 | ||
| Expenditure | |||||
| Expenditure on raising funds: |
|||||
| Costs of raising funds | 9 | (6,170) | (6,170) | (4,093) | |
| Expenditure on charitable |
activities | 10 | (58,313) | (58,313) | (24,859) |
| Total expenditure | (64,483) | (64,483) | (28,952) | ||
| Net (expenditure) Iincome and net movement |
in funds | (246) | (246) | 5,987 | |
| Reconciliation offunds |
|||||
| Total funds brought forward |
401,511 | 401,511 | 395,524 | ||
| Total funds carried forward | 401,265 | 401,265 | 401,511 |
| Donations and legacies |
||||
|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | |
| Funds | 2021 | Funds | 2020 | |
| f. | E | |||
| Donations | ||||
| Donations | 8,303 | 8,303 | 7,958 | 7,958 |
| Subscriptions | 11,230 | 11,230 | 10,596 | 10,596 |
| Gift aid tax repayment | 2,500 | 2,500 | 2,478 | 2,478 |
| Legacies | ||||
| Legacies | 500 | 500 | ||
| Grants | ||||
| Grants - COVID-19 support | 16,287 | 16,287 | 11,620 | 11,620 |
| 38,820 | 38,820 | 32,652 | 32,652 |
| Unrestricted | Total | Funds | Unrestricted | Total | Funds | ||
|---|---|---|---|---|---|---|---|
| Funds | 2021 | Funds | 2020 | ||||
| P | E | ||||||
| Charter | income | 21,842 | 21,842 |
| Other trading activities | ||||
|---|---|---|---|---|
| Unrestricted | TotalFunds | Unrestricted | Total Funds | |
| Funds | 2021 f |
Funds f |
2020 f |
|
| Social functions | 1,574 | 1,574 | 42 | 42 |
| Sale ofsouvenirs | 1,218 | 1,218 | 331 | 331 |
| 2,792 | 2,792 | 373 | 373 |
| Other tra | ding activities (continued) |
||
|---|---|---|---|
| 2021 | 2020 | ||
| Social functions | E | ||
| Income | 1,574 | 42 | |
| Expenses | (1,528) | (250) | |
| Surplus | 46 | (208) | |
| 2021 | 2020 | ||
| Sale ofsouvenirs | f | ||
| Income | 1,218 | 331 | |
| Opening | stock | (3,705) | (3,286) |
| Closing stock | 3,326 | 3,705 | |
| Purchases | (402) | (511) | |
| Surplus | 437 | 239 |
| Unrestricted | Total | Funds | Unrestricted | Total | Funds | ||
|---|---|---|---|---|---|---|---|
| Funds | 2021 | Funds F |
2020 f |
||||
| Interest | receivable | 783 | 783 | 1,914 | 1,914 |
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
|---|---|---|---|---|---|
| Funds | 2021 | Funds | 2020 | ||
| F | F | F | |||
| Social functions | 1,528 | 1,528 | 250 | 250 | |
| Sale of souvenirs | 781 | 781 | 92 | 92 | |
| Fundraising | and publicity | 3,861 | 3,861 | 3,751 | 3,751 |
| 6,170 | 6,170 | 4,093 | 4,093 |
| 10. | Expenditure | on charitable | on charitable | on charitable | activities | activities | |||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||||||
| Funds | 2021 | Funds | 2020 | ||||||
| f | f | ||||||||
| Operating and maintaining |
Albion | 39,637 | 39,637 | 5,678 | 5,678 | ||||
| Restoration | project | 1,769 | 1,769 | 4,667 | 4,667 | ||||
| Rates and insurance | 5,555 | 5,555 | 5,259 | 5,259 | |||||
| Electricity and expenses | 482 | 482 | 804 | 804 | |||||
| Professional | expenses | 1,559 | 1,559 | 866 | 866 | ||||
| General expenses | 5,165 | 5,165 | 3,088 | 3,088 | |||||
| Depreciation | (excluding | mast and | |||||||
| equipment) | 2,520 | 2,520 | 2,921 | 2,921 | |||||
| Governance | costs | 1,626 | 1,626 | 1,576 | 1,576 | ||||
| 58,313 | 58,313 | 24,859 | 24,859 | ||||||
| Analysis of |
governance | costs: | |||||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||||||
| Funds | 2021 | Funds | 2020 | ||||||
| Independent | examination | fees | 1,626 | 1,626 | 1,380 | 1,380 | |||
| Independent | examiners | - | other fees | 196 | 196 | ||||
| 1,626 | 1,626 | 1,576 | 1,576 | ||||||
| 11. | Net income | ||||||||
| Net income is stated after | charging/(crediting): | ||||||||
| 2021 | 2020 | ||||||||
| Depreciation | oftangible | fixed assets | 2,520 | 2,921 | |||||
| 12. | Independent | examination | fees | ||||||
| 2021 f |
2020 | ||||||||
| Fees payable to the independent | examiner for: | ||||||||
| Independent | examination | ofthe financial statements | 1,626 | 1,380 | |||||
| Other financial services | 196 | ||||||||
| 1,626 | 1,576 |
| during the year but receive heirroleas crew members |
d minor necess as summarised |
ary and auth below: |
orised ou |
|---|---|---|---|
| , | f | ||
| Andy Brooks | 193 | ||
| Phil Board | 88 | ||
| Martin Hills |
338 | ||
| Michael Harris |
875 | ||
| Michael Sparkes | 158 |
| Freehold | Archive | Mast and | Wherry | Workshop | Quay | |||
|---|---|---|---|---|---|---|---|---|
| property | equipment | equipment | Albion | and fixtures | heading | Total | ||
| K | E | |||||||
| Cost | ||||||||
| At 1 January | 2021 | |||||||
| and | ||||||||
| 31 December | 2021 | 5,786 | 574 | 18,266 | 5,000 | 35,636 | 19,085 | 84,347 |
| Depreciation | ||||||||
| At 1 January | 2021 | 57 | 16,116 | 4,000 | 31,542 | 6,789 | 58,504 | |
| Charge for the year | 52 | 215 | 409 | 1,844 | 2,520 | |||
| At | ||||||||
| 31 December | 2021 | 109 | 16,331 | 4,000 | 31,951 | 8,633 | 61,024 | |
| Carrying amount |
||||||||
| Ai | ||||||||
| 31 December | 2021 | 5,786 | 465 | 1,935 | 1,000 | 3,685 | 10,452 | 23,323 |
| At | ||||||||
| 31 December | 2020 | 5,786 | 517 | 2,150 | 1,000 | 4,094 | 12,296 | 25,843 |
| 17. | Debtors | ||||
|---|---|---|---|---|---|
| 2021 f |
2020 f |
||||
| Prepayments | and accrued income | 10,891 | 2,733 | ||
| 18. | Creditors: Amounts | falling due within one year | |||
| 2021 f |
2020 f |
||||
| Accruals | 5,502 | 1,380 |
| Balance at | ||||||||
|---|---|---|---|---|---|---|---|---|
| 31 | ||||||||
| Balance at 1 | December | |||||||
| January 2021 F |
Income | Expenditure | Transfersf | 2021f | ||||
| Unrestricted | funds | |||||||
| General | funds | 205,819 | 64,237 | (63,508) | (21,759) | 184,789 | ||
| Archive | fund | (designated) | 6,476 | 6,476 | ||||
| Restoration | fund (designated) | 188,216 | (719) | 22,503 | 210,000 | |||
| Albion | lighting | improvement | ||||||
| (designated) | 1,000 | (256) | (744) | |||||
| 401,511 | 64,237 | (64,483) | 401,265 | |||||
| Balance at | ||||||||
| 31 | ||||||||
| Balance at 1 | December | |||||||
| January 2020 F |
Income F |
Expenditure | Transfers | 2020 f |
||||
| Unrestricted | funds | |||||||
| General | funds | 195,113 | 33,939 | (23,807) | 574 | 205,819 | ||
| Archive | fund | (designated) | 7,528 | (478) | (574) | 6,476 | ||
| Restoration | fund (designated) | 192,883 | (4,667) | 188,216 | ||||
| Albion | lighting | improvement | ||||||
| (designated) | 1,000 | 1,000 | ||||||
| 395,524 | 34,939 | (28,952) | 401,511 |
| Analysis of net as | sets between funds |
||
|---|---|---|---|
| Unrestricted | Total Funds | ||
| Funds | 2021 | ||
| F | |||
| Tangible fixed assets | 23,323 | 23,323 | |
| Current assets | 383,444 | 384,494 | |
| Creditors less than | 1 year | (5,502) | (5,502) |
| Net assets | 401,265 | 402,315 | |
| Unrestricted | Total Funds | ||
| Funds | 2020 | ||
| E | f | ||
| Tangible fixed assets | 25,843 | 25,843 | |
| Current assets | 377,048 | 377,048 | |
| Creditors less than | 1 year | (1,380) | (1,380) |
| Net assets | 401,511 | 401,511 |