|||Page|| |---|---|---|---| |Reference and Administrative
Details|||| |Report ofthe Trustees|2|to|5| |Report ofthe Independent
Auditors|6|to|8| |Statement of Financial Activities|||| |Statement of Financial Position||10|| |Notes to the Financial Statements|11|to|19| ## |TRUSTEES|RJ Barkle Chair|RJ Barkle Chair|||| |---|---|---|---|---|---| ||Mrs P M Thornton||Vice|Chair|| ||M J Saunders|Treasurer|||| ||Mrs C Jackson||||| ||Dr LJ P Kilford||||| ||D McNiffe||||| ||Ms R Thorpe||||| ||Reverend SA|Walker (appointed|||16.11.20)| |COMPANY SECRETARY|A K Hayes||||| |REGISTERED OFFICE|Hesters Way Community|||Resource Centre|| ||Cassin Drive||||| ||Cheltenham||||| ||Gloucestershire||||| ||GL51 7SU||||| |REGISTERED COMPANY|03685423 (England||and|Wales)|| |NUMBER|||||| |REGISTERED CHARITY|1084194||||| |NUMBER|||||| |AUDITORS|Andorran
Limited (Statutory Auditor)||||| ||Chartered
Accountants||||| ||6 Manor Park Business|||Centre|| ||Mackenzie Way||||| ||Cheltenham||||| ||Gloucestershire||||| ||GL51 9TX||||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||||31.3.21|31.3.20| |---|---|---|---|---|---|---|---| |||||Unrestricted|Restricted|Total|Total| |||||fund|funds|funds|funds| ||||Notes|E|E||E| |INCOME|AND ENDOWMENTS|FROM|||||| |Donations|and legacies|||1,080||1,080|2,080| |Charitable|activities||||||| |Charitable|Activities||||||| |||||173,669|18,535|192,204|187,048| |Other trading
activities||||4,952||4,952|5,142| |Investment|income|||932|61|993|1,136| |Total||||180,633|18,596|199,229|195,406| |EXPENDITURE ON|||||||| |Charitable|activities||||||| |Charitable|Activities||||||| |||||166,515|88,287|254,802|259,245| |NET INCOME/(EXPENDITURE)||||14,118|(69,691)|(55,573)|(63,839)| |Transfers|between funds||17|(315)|315||| |Net movement
in funds||||13,803|(69,376)|(55,573)|(63,839)| |RECONCILIATION
OF FUNDS|||||||| |Total funds brought forward||||167,215|3,199,642|3,366,857|3,430,696| |TOTAL FUNDS CARRIED FORWARD||||181,018|3,130,266|3,311,284|3,366,857| ## ## |||||31.3.21|31.3.20| |---|---|---|---|---|---| |||Unrestricted|Restricted|Total|Total| |||fund|funds|funds|funds| ||Notes|E||E|| |FIXEDASSETS|||||| |Tangible assets|14||3,060,703|3,060,703|3,143,725| |CURRENT ASSETS|||||| |Debtors|15|498||498|8,151| |Cash at bank and in hand||193,701|69,563|263,264|229,500| |||194,199|69,563|263,762|237,651| |CREDITORS|||||| |Amounts
falling due within one year|16|(13,181)||(13,181)|(14,519)| |NET CURRENT ASSETS||181,018|69,563|250,581|223,132| |TOTAL ASSETSLESSCURRENT|||||| |LIABILITIES||181,018|3,130,266|3,311,284|3,366,857| |NET ASSETS||181,018|3,130,266|3,311,284|3,366,857| |FUNDS|17||||| |Unrestricted
funds||||181,018|167,215| |Restricted funds||||3,130,266|3,199,642| |TOTAL FUNDS||||3,311,284|3,366,857| ## ## ## ## |Freehold|property|-|2% on cost| |---|---|---|---| |Plant and|machinery|-|10%on cost| |Computer|equipment|-|25% on cost| ## ## ## ||||FOR|FOR|FOR|FOR|FOR|THE Y|EAR ENDED 31 IIARCH|2021|| |---|---|---|---|---|---|---|---|---|---|---|---| |2.|DONATIONS||AND LEGACIES||||||||| |||||||||||31.3.21|31.3.20| |||||||||||E|E| ||Publications|8|preps|||||||1,080|2,080| |3.|OTHER TRADING ACTIVITIES||||||||||| |||||||||||31.3.21|31.3.20| |||||||||||E|| ||Income from|renewable||||energies||||3,023|3,906| ||Other income|||||||||1,929|1,236| |||||||||||4,952|5,142| |4.|INVESTMENT||INCOME||||||||| |||||||||||31.3.21|31.3.20| |||||||||||E|E| ||Deposit account|||interest||||||993|1,136| |5.|INCOME FROM CHARITABLE|||||||ACTIVITIES|||| |||||||||||31.3.21|31.3.20| ||||||||Activity||||| ||||||||Charitable||Activities||| ||Rents received||||||||||| |||||||||||179,691|179,835| ||||||||Charitable||Activities||| ||Grants||||||||||| |||||||||||12,513|7,213| |||||||||||192,204|187,048| ||Grants received,|||included||in|the|above,|are as follows:||| |||||||||||31.3.21|31.3.20| |||||||||||F|| ||Barnwood
Trust|||||||||4,000|| ||Awards
For All|||||||||3,640|| ||National
Benevolent||||Charity|||||3,000|| ||Groundwork|||||||||1,370|| ||Cheltenham|Borough|||Council|||||503|1,000| ||Big Lottery||||||||||3,600| ||The Gloucestershire||||Everyman|||Theatre|||1,000| ||Police and Crime Commissioners|||||||Fund|||888| ||Gloucestershire|||County Council|||||||725| |||||||||||12,513|7,213| ## ## ## ## ## ||||||||Grant|||| |---|---|---|---|---|---|---|---|---|---|---| ||||||||funding|of||| |||||||Direct|activities||Support|| |||||||Costs (see|(see note||costs (see|| |||||||note 7)|8)||note 9)|Totals| ||||||||E|||| |Charitable|Activities|||||||||| |||||||143,060|109,285||2,457|254,802| |DIRECT COSTS OF CHARITABLE ACTIVITIES||||||||||| ||||||||||31.3.21|31.3.20| ||||||||||E|| |Staff costs|||||||||40,684|40,654| |Rates and|water||||||||159|159| |Insurance|||||||||3,047|5,075| |Postage and stationery|||||||||87|407| |Advertising||and|publications||||||2,809|5,047| |Sundries|||||||||921|3,733| |Rent 8 service charges|||||||||3,140|3,139| |Room hire|||||||||209|892| |Office expenses|||||||||1,928|2,283| |Training|||||||||19|| |Professional||fees|||||||198|224| |Travel expenses||||||||||9| |Events|||||||||6,837|5,940| |Depreciation|||||||||83,022|82,873| ||||||||||143,060|150,435| |GRANTS PAYABLE||||||||||| ||||||||||31.3.21|31.3.20| |Charitable|Activities|||||||||| ||||||||||109,285|106,625| |The total grants|||paid to institutions||during|the year was as|follows:|||| ||||||||||31.3.21|31.3.20| |Hesters Way Neighbourhood||||Project|||||106,625|106,625| |The Boys'|Brigade||||||||400|| |Foodbanks|||||||||2,260|| ||||||||||109,285|106,625| ## ## |||||||Governance| |---|---|---|---|---|---|---| |||||||costs| |||||||E| ||Charitable|Activities||||| |||||||2,457| ||Support costs, included|||in the above, are as follows:||| ||||||31.3.21|31.3.20| ||||||Charitable|Total| ||||||Activities|activities| ||||||E|| ||Auditors'|remuneration|||2,457|2,185| |10.|NET INCOME/(EXPENDITURE)|||||| ||Net income/(expenditure)|||is stated after charging/(crediting):||| ||||||31.3.21|31.3.20| ||||||F|F| ||Auditors'|remuneration|||2,457|2,185| ||Depreciation||-owned assets||83,022|82,873| ## ## ## ## ||||31.3.21|31.3.20| |---|---|---|---|---| |Administration|Staff|||4| |No employees|received emoluments|in excess off60,000.||| ## |13.|COMPARATIVES FOR THE STATEMENT|COMPARATIVES FOR THE STATEMENT|COMPARATIVES FOR THE STATEMENT|OF FINANCIAL|ACTIVITIES||| |---|---|---|---|---|---|---|---| ||||||Unrestricted|Restricted|Total| ||||||fund|funds|funds| ||||||E||E| ||INCOME AND ENDOWIIENTS FROM||||||| ||Donations
and legacies||||2,080||2,080| ||Charitable
activities||||||| ||Charitable
Activities||||||| ||||||175,700|11,348|187,048| ||Other trading
activities||||5,142||5,142| ||Investment
income||||984|152|1,136| ||Total||||183,906|11,500|195,406| ||EXPENDITURE ON||||||| ||Charitable
activities||||||| ||Charitable-Activities||||||| ||||||167,929|91,316|259,245| ||NET INCOME/(EXPENDITURE)||||15,977|(79,816)|(63,839)| ||Transfers
between||funds||33,269|(33,269)|| ||Net movement
in funds||||49,246|(113,085)|(63,839)| ||RECONCILIATION|OF FUNDS|||||| ||Total funds brought||forward||117,969|3,312,727|3,430,696| ||TOTAL FUNDS CARRIED FORWARD||||167,215|3,199,642|3,366,857| |14.|TANGIBLE FIXEDASSETS||||||| |||||Freehold|Plant and|Computer|| |||||property|machinery|equipment|Totals| ||||||F|F|E| ||COST||||||| ||At 1 April 2020 and|31 March 2021||4,243,604|114,501|2,077|4,360,182| ||DEPRECIATION||||||| ||At 1 April 2020|||1,137,562|76,818|2,077|1,216,457| ||Charge for year|||78,472|4,550||83,022| ||At 31 March 2021|||1,216,034|81,368|2,077|1,299,479| ||NET BOOK VALUE||||||| ||At 31 March 2021|||3,027,570|33,133||3,060,703| ||At 31 March 2020|||3,106,042|37,683||3,143,725| ## ## ## |DEBTO|RS:A|M|OUNTS
F|ALLING DUE|WITHIN ONE Y|EAR||| |---|---|---|---|---|---|---|---|---| ||||||||31.3.21|31.3.20| ||||||||F|F| |Trade debtors|||||||498|7,366| |Prepayments||||||||785| ||||||||498|8,151| |CREDITORS: AMOUNTS||||FALLING DUE WITHIN ONE||YEAR||| ||||||||31.3.21|31.3.20| ||||||||E|E| |Trade creditors|||||||2,460|3,220| |VAT|||||||8,244|8,944| |Other creditors|||||||277|155| |Accrued|expenses||||||2,200|2,200| ||||||||13,181|14,519| |MOVEMENT||IN|FUNDS|||||| |||||||Net|Transfers|| |||||||movement|between|At| ||||||At 1.4.20|in funds|funds|31.3.21| |||||||F|F|| |Unrestricted||funds||||||| |General|fund||||167,215|14,118|(315)|181,018| |Restricted funds||||||||| |SCRC|||||1,741,242|(45,822)||1,695,420| |HWRC|||||1,364,800|(32,650)||1,332,150| |Sinking|Fund||||46,040|6,083||52,123| |Multi-use|Games Area||||33,504|(4,102)||29,402| |Neighbourhood|||Management||304|||304| |Youth Projects|||||895|(895)||| |Dreamscheme|||||2,003|888||2,891| |Growing|our Communities||||5,990|||5,990| |CCTV|||||4,179|(448)||3,731| |Creative|West||||685||315|1,000| |Pantry||||||7,000||7,000| |Hesters|Way Forum|||||255||255| ||||||3,199,642|(69,691)|315|3,130,266| |TOTAL|FUNDS||||3,366,857|(55,573)||3,311,284| ## ## ## ## ## |Net mov|ement|in funds,
included
in the ab|ove are as follows:||| |---|---|---|---|---|---| ||||Incoming|Resources|Movement| ||||resources|expended|in funds| ||||E||E| |Unrestricted||funds|||| |General|fund||180,633|(166,515)|14,118| |Restricted funds|||||| |SCRC||||(45,822)|(45,822)| |HWRC||||(32,650)|(32,650)| |Sinking|Fund||6,083||6,083| |Multi-use|Games Area|||(4,102)|(4,102)| |Youth Projects||||(895)|(895)| |Dreamscheme|||3,640|(2,752)|888| |CCTV||||(448)|(448)| |Creative|West||503|(503)|| |Pantry|||7,000||7,000| |Hesters|Way Forum||1,370|(1,115)|255| ||||18,596|(88,287)|(69,691)| |TOTAL|FUNDS||199,229|(254,802)|(55,573)| ## ## |Compar|atives|for movement
in fu|nds|||| |---|---|---|---|---|---|---| |||||Net|Transfers|| |||||movement|between|At| ||||At 1.4.19|in funds|funds|31.3.20| ||||F||F|F| |Unrestricted||funds||||| |General|fund||117,969|15,977|33,269|167,215| |Restricted funds||||||| |SCRC|||1,822,923|(45,822)|(35,859)|1,741,242| |HWRC|||1,397,450|(32,650)||1,364,800| |Sinking|Fund||41,753|4,287||46,040| |Multi-use|Games Area||37,606|(4,102)||33,504| |Neighbourhood||Management|423|(119)||304| |Youth Projects|||3,673|(2,778)||895| |Dreamscheme|||2,909|(906)||2,003| |Growing|our Communities||5,990|||5,990| |CCTV||||1,589|2,590|4,179| |Creative|West|||685||685| ||||3,312,727|(79,816)|(33,269)|3,199,642| |TOTAL|FUNDS||3,430,696|(63,839)||3,366,857| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ##