## ## ## ## ## ||||**Page**|| |---|---|---|---|---| |**Report o f the Trustees**||1|to|5| |**Independent Examiner's Report**|||**6**|| |**Statement o f Financial Activities**|**_**||7|| |**Balance Sheet**||**8**|to|**9**| |**Notes to the Financial Statements**||10|to|20| |**Detailed Statement o f Financial Activities**||21|to|22| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||**31.12.20**|31.12.19| |---|---|---|---|---|---|---| |||Unrestricted
funds|Restricted
funds|Endowment
funds|. **Total**
**funds**|Total
funds| ||Notes|£|£|£|£|£| |**INCOME AND**||||||| |**ENDOWMENTS FROM**||||||| |Donations and legacies|3|**66,719**|||**66,719**|29| |**Charitable activities**|5|||||| |Residential & Day Lettings||**117,419**|||**117,419**|198,744| |Long Term Lettings Community||**22,506**|||**22,506**|23,538| |Investment income|**4**|**46**|||**46**|83| |**Total**||**206,690**|||**206,690**|222,394| |**EXPENDITURE ON**||||||| |Raising funds||**4,470**|||**4,470**|2,082| |**Charitable activities**|6|||||| |Residential & Day Lettings||**149,778**|||**149,778**|166,352| |Long Term Lettings Community||**8,003**|||**8,003**|8,401| |Catering Services||||||205| |Development o f Services||**19,547**|||**19,547**|20,491| |Other||**10,399**|||**10,399**|16,107| |**Total**||**192,197**|||**192,197**|213,638| |**NET INCOME**||**14,493**|||**14,493**|8,756| |**RECONCILIATION OF**||||||| |**FUNDS**||||||| |**Total funds brought forward**||**1,099,205**|**631**|**616,000**|**1,715,836**|1,707,080| |**TOTAL FUNDS CARRIED**||||||| |**FORWARD**||**1,113,698**|**631**|**616,000**|**1,730,329**|1,715,836| ## ||||||**31.12.20**||31.12.19| |---|---|---|---|---|---|---|---| |||Unrestricted|Restricted|Endowment|**Total**||Total| |||funds|funds|funds|**funds**||funds| ||Notes|• £|£|£|£|**.**|£| |**FIXED ASSETS**|||||||| |Tangible assets|12|**1,046,286**||**630,000**|**1,676,286**|1,693,188|| |**CURRENT ASSETS**|||||||| |Debtors|13|**29,065**|**143**||**29,208**||26,625| |Cash at bank and in hand||**50,292**|**488**|**−**|**50,780**||32,390| |||**79,357**|**631**||**79,988**||59,015| |**CREDITORS**|||||||| |Amounts falling due within one|||||||| |year|14|**(9,965)**||**(2,000)**|**(11,965)**||(19,387)| |**NET CURRENT ASSETS**||**69,392**|**631**|**(2,000)**|**68,023**||39,628| |**TOTAL ASSETS LESS**|||||||| |**CURRENT LIABILITIES**||**1,115,678**|**631**|**628,000**|**1,744,309**|1,732,816|| |**CREDITORS**|||||||| |Amounts falling due after more|||||||| |than one year|15|**(1,980)**||**(12,000)**|**(13,980)**||(16,980)| |**NET ASSETS**||**1,113,698**|**631**|**616,000**|**1,730,329**|1,715,836|| |**FUNDS**|18||||||| |Unrestricted funds:|||||||| |General fund|||||**887,813**||873,320| |Revaluation Reserve Fund|||||**225,885**||225,885| ||||||**1,113,698**|1,099,205|| |Restricted funds:|||||||| |Restricted Fund (Phase **1)**|||||**631**||631| |Endowment funds:|||||||| |Permanent Endowment Fund|||||**68,040**||68,040| |Endowment Revaluation Reserve|Fund||||**547,960**||547,960| ||||||**616,000**||616,000| |**TOTAL FUNDS**|||||**1,730,329**|1,715,836|| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |**3.**|**DONATIONS AND LEGACIES**|||||| |---|---|---|---|---|---|---| |||||**31.12.20**||31.12.19| ||Grants & Donations|||**66,719**||29| |**4.**|**INVESTMENT INCOME**|||||| |||||**31.12.20**||31.12.19| ||CBF & Bank Interest|||**46**||83| |**5.**|**INCOME FROM CHARITABLE ACTIVITIES**|||||| |||||**31.12.20**||31.12.19| |||Residential|Long Term|||| |||& Day|Lettings|Total||Total| |||Lettings|Community|activities||activities| |||£|£|£||£| ||Busy Bodies Nursery & Insteps Dance|**14,760**|**7,237**|**21,997**||**24,214**| ||Other Lettings|**2,540**|**15,269**|**17,809**||**25,213**| ||Day Letting|**10,561**|**−**|**10,561**||**41,932**| ||Strategic Health Board|**59,129**||**59,129**||**52,723**| ||Residential|**27,811**||**27,811**|**−**|**72,763**| ||Wedding Income|**230**||**230**||**470**| ||Car parking|**2,173**||**2,173**||**4,467**| ||Working space|**215**||**215**||**500**| |||**117,419**|**22,506**|**139,925**||**222,282**| |**6.**|**CHARITABLE ACTIVITIES COSTS**|||||| |||||Support||| ||||Direct|costs (see||| ||||Costs|note 7)||Totals| ||||£|£||£| ||Residential & Day Lettings||**53,455**|**96,323**||**149,778**| ||Long Term Lettings Community||−|**8,003**||**8,003**| ||Development o f Services||**2,176**|**17,371**||**19,547**| ||||**55,631**|**121,697**||**177,328**| ## ## |**SUPPORT COSTS**||||| |---|---|---|---|---| ||||Governance|| ||Management|Finance|costs|Totals| ||£|£|£|£| |Other resources expended|**6,416**||**3,353**|**9,769**| |Residential & Day Lettings|**96,039**|**284**||**96,323**| |Long Term Lettings Community|**8,003**||**−**|**8,003**| |Development o f Services|**17,371**|||**17,371**| ||**127,829**|**284**|**3,353**|**131,466**| |**Activity**|**Basis o f allocation**|||| |Management|Floor space, staff time & usage|||| |Support costs, included in the above, are as follo|ws:||| |---|---|---|---| ||Other|Residential|Long Term| ||resources|& Day|Lettings| ||expended|Lettings|Community| |Wages|**6,416**|**35,210**|**5,171**| |Property & refurbishment|−|**29,440**|**−**| |Insurance||**5,427**|**1,357**| |Equipment costs|−|**4,215**|**468**| |Irrecoverable VAT||**2,644**|| |Administration Costs||**158**|| |Other Professional Fees||**2,043**|**1,007**| |Depreciation o f tangible assets||**16,902**|| |Credit card charges||**284**|| |Accountancy|**3,353**||| ||**9,769**|**96,323**|**8,003**| |||**31.12.20**|31.12.19| ||Development||| ||of|Total|Total| ||Services|activities|activities| ||£|£|£| |Wages|**17,371**|**64,168**|**59,797**| |Property & refurbishment||**29,440**|**33,690**| |Insurance||**6,784**|**6,679**| |Equipment costs||**4,683**|**4,979**| |Irrecoverable VAT||**2,644**|**−**| |Administration Costs||**158**|**155**| |Other Professional Fees||**3,050**|**5,412**| |Depreciation o f tangible assets|−|**16,902**|**16,902**| |Credit card charges||**284**|**525**| |Accountancy||**3,353**|**3,683**| ||**17,371**|**131,466**|**131,822**| ## ## |||**31.12.20**|31.12.19| |---|---|---|---| |Accountancy||**3,353**|3,683| |Depreciation|−owned assets|**16,902**|16,902| ## ## ## |||**2020**|2019| |---|---|---|---| |Wages and Salaries||107,102|109,340| |Social Security Costs||1,985|3,214| |Pension||769|773| |||**109,856**|113,327| |No employee earned more than £60,000.|||| |The average number o f paid staff for the year were:|||| |||**2020**|2019| |Administration|Full Time|1|1| ||Part Time|3|3| |Other|Full Time|1|1| ||Part Time|4|4| |Total||9|9| ## |**11.**|**COMPARATIVES FOR THE STATEMENT **|**OF FINANCIAL **|**ACTIVITIES**||| |---|---|---|---|---|---| |||Unrestricted|Restricted|Endowment|Total| |||funds|funds|funds|funds| ||**INCOME AND ENDOWMENTS FROM**||||| ||Donations and legacies|29|||29| ||**Charitable activities**||||| ||Residential & Day Lettings|198,744|||198,744| ||Long Term Lettings Community|23,538|||23,538| ||Investment income|83|||83| ||**Total**|222,394|||222,394| ||**EXPENDITURE ON**||||| ||Raising funds|2,082|||2,082| ||**Charitable activities**||||| ||Residential & Day Lettings|166,352|||166,352| ||Long Term Lettings Community|8,401|||8,401| ||Catering Services|205|||205| ||Development o f Services|20,491|||20,491| ||Other|16,107|||16,107| ||**Total**|213,638|−||213,638| ||**NET INCOME**|8,756|||8,756| ||**RECONCILIATION OF FUNDS**||||| ||**Total funds brought forward**|1,090,449|631|616,000|1,707,080| ||**TOTAL FUNDS CARRIED FORWARD**|1,099,205|631|616,000|1,715,836| ## ## |**TANGIBLE FIXED ASSETS**|||| |---|---|---|---| |||Fixtures|| ||Freehold|and|| ||property|fittings|Totals| |**COST**|||| |At 1 January 2020 and 31 December 2020|**1,494,523**|**407,939**|**1,902,462**| |**DEPRECIATION**|||| |At 1 January 2020||**209,274**|**209,274**| |Charge for year||**16,902**|**16,902**| |At 31 December 2020||**226,176**|**226,176**| |**NET BOOK VALUE**|||| |At 31 December 2020|**1,494,523**|**181,763**|**1,676,286**| |At 31 December 2019|1,494,523|198,665|1,693,188| |Cost or valuation at 31 December 2020 is represented by:|||| ||Land and|Fixtures &|| ||Buildings|Fittings|Total| |Valuation in 2004|898,798||898,798| |Valuation in 2010|(100,000)||(100,000)| |Cost|695,725|407,939|1,103,664| ||1,494,523|407,939|1,902,462| ## |**DEBTORS: AMOUNTS FALLING DUE WITHIN **|**ONE YEAR**|| |---|---|---| ||**31.12.20**|31.12.19| |Trade debtors|**29,065**|26,482| |Due from Unrestricted Fund|**143**|143| ||**29,208**|26,625| ## ## |**14.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**||| |---|---|---|---| |||**31.12.20**|31.12.19| |||£|£| ||Other loans (see note 16)|**3,000**|3,000| ||Trade creditors|**1,036**|5,534| ||Social security and other taxes|**2,034**|3,637| ||Due to Restricted Fund|**172**|172| ||Accrued expenses|**5,723**|7,044| |||**11,965**|19,387| |**15.**|**CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR**||| |||**31.12.20**|31.12.19| |||£|£| ||Other loans (see note 16)|**13,980**|16,980| |**16.**|**LOANS**||| ||An analysis o f the maturity o f loans is given below:||| |||**31.12.20**|31.12.19| |||£|£| ||Amounts falling due within one year on demand:||| ||HDBF loan|**3,000**|3,000| |||**3,000**|3,000| ||Amounts falling between one and two years:||| ||HDBF loan −1−2 years|**3,000**|3,000| ||Amounts falling due between two and five years:||| ||HDBF loan −2−5 years|**9,000**|9,000| ||Amounts falling due in more than five years:||| ||Repayable by instalments:||| ||HDBF loan more than 5yrs|**1,980**|4,980| |**17.**|**SECURED DEBTS**||| ||The following secured debts are included within creditors:||| |||**31.12.20**|31.12.19| |||£|£| ||HDBF loan|**16,980**|19,980| ## ## |**MOVEMENT IN FUNDS**|||| |---|---|---|---| |||Net|| |||movement|At| ||At 1.1.20|in funds|31.12.20| |**Unrestricted funds**|||| |General fund|**873,320**|**14,493**|**887,813**| |Revaluation Reserve Fund|**225,885**||**225,885**| ||**1,099,205**|**14,493**|**1,113,698**| |**Restricted funds**|||| |Restricted Fund (Phase 1)|**631**||**631**| |**Endowment funds**|||| |Permanent Endowment Fund|**68,040**||**68,040**| |Endowment Revaluation Reserve Fund|**547,960**||**547,960**| ||**616,000**||**616,000**| |**TOTAL FUNDS**|**1,715,836**|**14,493**|**1,730,329**| |Net movement in funds, included in the above are as follows:|||| ||Incoming|Resources|Movement| ||resources|expended|in funds| ||£|£|£| |**Unrestricted funds**|||| |General fund|**206,690**|**(192,197)**|**14,493**| |**TOTAL FUNDS**|**206,690**|**(192,197)**|**14,493**| |**Comparatives for movement in funds**|||| |||Net|| |||movement|At| ||At 1.1.19|in funds.|31.12.19| |**Unrestricted funds**|||| |General fund|864,564|8,756|873,320| |Revaluation Reserve Fund|225,885||225,885| ||1,090,449|8,756|1,099,205| |**Restricted funds**|||| |Restricted Fund (Phase 1)|631||631| |**Endowment funds**|||| |Permanent Endowment Fund|68,040||68,040| |Endowment Revaluation Reserve Fund|547,960||547,960| ||616,000||616,000| |**TOTAL FUNDS**|1,707,080|8,756|1,715,836| ## ## |||Incoming|Resources|Movement| |---|---|---|---|---| |||resources|expended|in funds| |||£|£|£| |**Unrestricted funds**|,|||| |General fund||222,394|(213,638)|8,756| |**TOTAL FUNDS**||222,394|(213,638)|8,756| |||Net|| |---|---|---|---| |||movement|At| ||At 1.1.19|in funds|31.12.20| |**Unrestricted funds**|||| |General fund|864,564|23,249|887,813| |Revaluation Reserve Fund|225,885||225,885| ||1,090,449|23,249|1,113,698| |**Restricted funds**|||| |Restricted Fund (Phase 1)|631||631| |**Endowment funds**|||| |Permanent Endowment Fund|68,040||68,040| |Endowment Revaluation Reserve Fund|547,960||547,960| ||616,000||616,000| |**TOTAL FUNDS**|1,707,080|23,249|1,730,329| ||Incoming|Resources|Movement| |---|---|---|---| ||resources|expended|in funds| ||£|£|£| |**Unrestricted funds**|||| |General fund|429,084|(405,835)|23,249| |**TOTAL FUNDS**|429,084|(405,835)|23,249| ## ## ## |**INCOME AND ENDOWMENTS**||| |---|---|---| |**Donations and legacies**||| |Grants & Donations|**66,719**|29| |**Investment income**||| |CBF & Bank Interest|**46**|83| |**Charitable activities**||| |Busy Bodies Nursery & Insteps Dance|**21,997**|24,214| |Other Lettings|**17,809**|25,213| |Day Letting|**10,561**|41,932| |Strategic Health Board|**59,129**|52,723| |Residential|**27,811**|72,763| |Wedding Income|**230**|470| |Car parking|**2,173**|4,467| |Working space|**215**|500| ||**139,925**|222,282| |**Total incoming resources**|**206,690**|222,394| |**EXPENDITURE**||| |**Raising donations and legacies**||| |Wages|**1,852**|1,925| |**Other trading activities**||| |Bad debts|**2,618**|157| |**Charitable activities**||| |Wages|**43 ,067**|50,831| |Pensions|**769**|773| |Marketing|**2,176**|3,713| |Cost o f supplies|**9,400**|17,540| |Loan interest|**219**|433| ||**55,631**|73,290| |**Other**||| |Car parking costs|**630**|6,444| |**Support costs**||| |**Management**||| |Wages|**64,168**|59,797| |Property & refurbishment|**29,440**|33,690| |Insurance|**6,784**|6,679| |Carried forward|**100,392**|100,166| ## |**FOR THE YEAR ENDED 31 DECEMBER 2020**||| |---|---|---| ||31.12.20|31.12.19| |**Management**||| |Brought forward|**100,392**|100,166| |Equipment costs|**4,683**|4,979| |Irrecoverable VAT|**2,644**|| |Administration Costs|**158**|155| |Other Professional Fees|**3,050**|5,412| |Fixtures & fittings −dep'n|**16,902**|16,902| ||**127,829**|127,614| |**Finance**||| |Credit card charges|**284**|525| |**Governance costs**||| |Accountancy|**3,353**|3,683| |Total resources expended|**192,197**|213,638| |**Net income**|**14,493**|8,756|