|||PAGES|
|---|---|---|
|CHARITY REFERENCE AND ADMINISTRATIVE|DETAILS||
|DIRECTORS' REPORT||2 —20|
|INDEPENDENT
EXAMINERS' REPORT||21|
|STATEMENT OF FINANCIAL ACTIVITIES||22|
|COMPARATIVE
STATEMENT OF FINANCIAL ACTIVITIES||23|
|BALANCE SHEET||24|
|NOTES TO THE FINANCIAL STATEMENTS||25 —34|
|CHARITY NUMBER:|CHARITY NUMBER:|CHARITY NUMBER:|CHARITY NUMBER:|1086640|||||
|---|---|---|---|---|---|---|---|---|
|COMPANY|NUMBER:|||4102182|||||
|OPERATING||NAME:||The Gap|||||
|DIRECTORS:||||Mr Harry Moy|||(Chair to 20 January 2022)||
|||||Mr Edward Terrey|||(appointed|20 January 2021)|
||||||||(Chair from|20 January 2022)|
|||||Mr Jonathan
Temple|||(Vice-Chair)||
|||||Mrs Diane Davies|||(Treasurer)||
|||||Mr Andrew
Baugh|||(resigned 23 September 2020)||
|||||Ms Jan Weston|||||
|||||Ms Nicola Harris|||||
|||||Ms Christine
Cherry|||(appointed|23June 2021)|
|REGISTERED|||OFFICE:|39Oakwood
Grove|||||
|||||Warwick|||||
|||||CV34 5TD|||||
|INDEPENDENT|||EXAMINER:|Mark Harwood|FCA FMAAT||||
|||||Michael Hatwood||8 Co|||
|||||Greville House|||||
|||||10Jury Street|||||
|||||Warwick|||||
|||||Warwickshire|||||
|||||CV34 4EW|||||
|BANKERS:||||CAF Bank|||||
|||||25 Kings
Hill Avenue|||||
|||||Kings
Hill|||||
|||||West Mailing|||||
|||||ME194JQ|||||
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|||||Note|Unrestricted|Restricted|31.08.21|
|---|---|---|---|---|---|---|---|
|income and Endowments|||from:|||||
|Donations
8 legacies|||||102,740|65,617|168,357|
|Charitable
activities|||||19,796|2,575|22,371|
|Other trading
activities|||||567||567|
|Investments|||||10||10|
|Coronavirus
grants|||||52,848||52,848|
|Total income and|endowments||||175,961|68,192|244,153|
|Expenditure
on:||||||||
|Raising funds|||||12,202||12,202|
|Charitable
activities|||||173,100|52,517|225,617|
|Total expenditure|||||185,302|52,517|237,819|
|Net income/(expenditure)|||for the year||(9,341)|15,675|6,334|
|Transfers
between|funds||||3,553|(3,553)||
|Net movement
in|funds||for the year||(5,788)|12,122|6,334|
|Fund balances
brought||forward|||96,203|45,831|142,034|
|Fund balances at|31"August 2021||||90,415|57,953|148,368|
##
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|||||Note|Unrestricted|Restricted|31.08.20|
|---|---|---|---|---|---|---|---|
|Income and Endowments|||from:|||||
|Donations
8 legacies|||||85,335|43,819|129,154|
|Charitable
activities|||||26,473|9,347|35,820|
|Other trading
activities|||||410|1,293|1,703|
|Investments|||||150||150|
|Coronavirus
grants|||||32,744||32,744|
|Total income and|endowments||||145,112|54,459|199,571|
|Expenditure
on:||||||||
|Raising funds|||||7,955||7,955|
|Charitable
activities|||||126,857|53,389|180,246|
|Total expenditure|||||134,812|53,389|188,201|
|Net income/(expenditure)|||for the year||10,300|1,070|11,370|
|Transfers
between|funds||||14,418|(14,418)||
|Net movement
in|funds||for the year||24,718|(13,348)|11,370|
|Fund balances
brought||forward|||71,485|59,179|130,664|
|Fund balances at|31"August 2020||||96,203|45,831|142,034|
##
##
||||||2021||2020||
|---|---|---|---|---|---|---|---|---|
|||||Note|||||
|Fixed assets|||||||||
|Tangible assets||||||15,014||16,095|
|Current assets|||||||||
|Debtors|||||15,431||4,080||
|Cash at bank|and|in hand|||126,339||129,199||
|Total current|assets||||141,770||133,279||
|Current
liabilities|||||||||
|Creditors||||10|(8,416)||(7,340)||
|Net current assets||||||133,354||125,939|
|Total assets|less|current|liabilities|||148,368||142,034|
|Funds ofthe|Charity:||||||||
|Restricted funds||||||57,953||45,831|
|Unrestricted|funds|||||90,415||96,203|
|Total charity|funds|||||148,368||142,034|
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|2.|DONATIONS
AND LEG|ACI|ES|(|con|tinu|ed)||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||Unrestricted|Restricted|2021|2020|
||||||||E|E|f.||
||Brought forward||||||1,923||1,923|1,799|
||Revenue grants from government|||||and|public bodies:||||
||Warwick Town Council|||||||||4,055|
||Warwick
District Council||||||2,774|30,000|32,774|32,500|
||Warwick County Council||||||9,876|29,617|39,493|4,050|
||Total public-sector
revenue||grants||||12,650|59,617|72,267|40,605|
||Revenue grants and donations||||from non-public
bodies:||||||
||29~ May 1961Trust||||||2,000||2,000|2,000|
||WRIN||||||48,000|1,850|49,850|48,000|
||Children
in Need||||||10,000||10,000|7,500|
||King Henry Vill||||||10,000||10,000||
||Woodloes CC|||||||||500|
||WCC Community
Forum|||||||||720|
||Heart of England||||||12,000|4,000|16,000|1,500|
||Garfield Weston|||||||||10,000|
||The Sheldon Trust||||||3,000||3,000||
||The Challenge
Network||||||318||318||
||Warwickshire
CAVA||||||1,000||1,000||
||Chase Meadow Community||Centre||||1,849||1,849||
||JC Seccombe Charitable|Trust||||||150|150||
||UK Youth|||||||||7,680|
||Michael Marsh Trust|||||||||2,000|
||Severn Trent pic|||||||||5,000|
||All Saints Mission House|||||||||1,850|
||Total charitable-sector|revenue|||grants||88,167|6,000|94,167|86,750|
||Total donations
and legacies||||||102,740|65,617|168,357|129,154|
|3.|INCOME FROM CHARITABLE|||ACTIVITIES|||||||
||||||||Unrestricted|Restricted|2021|2020|
||||||||E|||f.|
||Sale ofgoods and services||||||2,691|2,575|5,266|7,945|
||Room hire||||||17,105||17,105|27,875|
||Total income from charitable|||activities|||19,796|2,575|22,371|35,820|
##
##
||||Unrestricted
E|Restricted
f|2021
F|2020|
|---|---|---|---|---|---|---|
|Furlough JRS grants|||14,216||14,216|7,744|
|Council grants|||38,632||38,632|25,000|
|Total Coronavirus||grants|52,848||52,848|32,744|
|EXPENDITURE ON||CHARITABLE|ACTIVITIES||||
||||Unrestricted|Restricted|2021|2020|
||||E|E|F||
|Direct spending|||||||
|Gross wages and|salaries||63,433|29,400|92,833|85,205|
|Employer's
Nl|||1,877|353|2,230|3,530|
|Pension costs|||3,015|524|3,539|2,812|
|Travel and subsistence|||100|180|280|772|
|Project costs|||37,867|13,990|51,857|26,578|
|Resource costs||||||785|
|Refreshments|||66|37|103|563|
|Subcontract
payments|||204|800|1,004|2,567|
|Total direct spending|||106,562|45,284|151,846|122,812|
|Support costs|||||||
|Employee costs:|||||||
|Gross wages and|salaries||22,256||22,256|19,293|
|Employer's
Nl|||332||332||
|Pension costs|||504||504||
|Training
and welfare|||1,546|3,250|4,796|995|
|Volunteer costs|||115||115|504|
|Premises expenses:|||||||
|Rent|||6,900||6,900|6,900|
|Rates and water|||1,291||1,291|2,082|
|Room hire||||||312|
|Light, heat and power|||5,605||5,605|4,038|
|Cleaning
and waste||management|1,978||1,978|3,317|
|Repairs, renewals|and maintenance||10,944|729|11,673|(625)|
|Carried forward|||51,471|3,979|55,450|36,816|
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||||Unrestricted|Restricted|2021|2020|
|---|---|---|---|---|---|---|
||||E|E|||
|Brought forward|||51,471|3,979|55,450|36,816|
|Administrative
overheads:|||||||
|Telephone,
fax and|internet||659|339|998|518|
|Stationery
and printing|||564||564|1,640|
|Equipment
leasing|||1,980||1,980|1,366|
|Computer costs|||977|160|1,137|737|
|Advertising
and marketing|||252|323|575|692|
|Insurance|||2,114||2,114|2,442|
|Sundry expenses|||547|142|689|1,666|
|Admin costs|||1,422|104|1,526|947|
|Consumables|||596|156|752|3,323|
|Bad debts|||978|70|1,048|939|
|Professional fees:|||||||
|Independent
examination||fees|2,400||2,400|2,340|
|Monitoring
fees|||720||720|720|
|Other legal and professional|||293||293|175|
|Financial costs:|||||||
|Bank charges|||84||84|60|
|Depreciation|||1,481|1,960|3,441|3,053|
|Total support costs|||66,538|7,233|73771|57,434|
|Total expenditure
activities|on charitable||173,100|52„517|225,617|180,246|
|EMPLOYEE EMOLUMENTS|||||||
||||||2021|2020|
||||||E|F|
|Gross wages|||||163,511|138,966|
|Social security costs|||||2,562|3,530|
|Pension costs|||||4,043|2,812|
|Total salaries, wages and related|||costs||170,116|145,308|
|Average
number
of|emplo|yees|||15|15|
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|8.|TANGIBLE FIXEDASSETS|TANGIBLE FIXEDASSETS|||||
|---|---|---|---|---|---|---|
||||Land &|Plant &|Computer||
||||Buildings|Machinery|Equipment|Total|
|||||E|||
||COST||||||
||At 1"September 2020||16,908|18,046|2,338|37,292|
||Additions||||2,360|2,360|
||Disposals||||||
||At 31"August|2021|16,908|18,046|4,698|39,652|
||DEPRECIATION||||||
||At 1"September 2020||5,415|14,223|1,559|21,197|
||Charge for the|year|919|956|1,566|3,441|
||Eliminated
on|disposal|||||
||At 31"August|2021|6,334|15,179|3,125|24,638|
||NET BOOK VALUE||||||
||At 31"August|2021|10,574|2,867|1,573|15,014|
||At 31"August|2020|11,493|3,823|779|16,095|
|9.|DEBTORS||||||
||||||2021f|2020|
||Trade debtors||||12,045|1,185|
||Prepayments|and accrued income|||3,386|2,895|
||||||15,431|4,080|
|10.|CREDITORS:||||||
||AMOUNTS
FALLING DUE WITHIN||ONE YEAR||||
||||||2021
E|2020f|
||Trade creditors||||4,607||
||Accruals||||2,400|2,340|
||Social security|and other taxes|||1,409||
||Other creditors|||||5,000|
||||||8,416|7,340|
|11.|MOVEMENT|ON|FUNDS|FUNDS||||||
|---|---|---|---|---|---|---|---|---|---|
||||||Balance at|Income|Expenditure||Balance at|
||||||01.09.2020|in year|in year|Transfers|31.08.2021|
|||||||F|E||E|
||Unrestricted|&designated|||funds|||||
||Unrestricted
revenue|||funds|96,203|175,961|(185,302)|3,553|90,415|
||Total unrestricted||funds||96,203|175,961|(185,302)|3,553|90,415|
||Restricted funds|||||||||
||Building
Fund||||1,993|1,850||(1,993)|1,850|
||Catering||||6,576|50|(8,221)|4,361|2,766|
||Club 11||||547||(137)||410|
||Computers||||1,065||(861)|1,436|1,640|
||Friday Friends||||247||||247|
||GapCook||||261||(48)|(213)||
||GapGlobal||||3,318||(36)|(2,281)|1,001|
||GapGo||||2,696|24|(819)||1,901|
||HoE Doing Things||Differently|||4,000|(471)|(3,529)||
||Live Life||||4,574|314|(1,492)|4,349|7,745|
||Older People||||2,878|202|(467)|(16)|2,597|
||NG Volunteer|Coordination||||||||
||Spark WW||||436||||436|
||Toilets||||6,976||(558)||6,418|
||Warwick West|2|||514||(398)|(116)||
||Warwick West|2020/21|||10,093|30,831|(35,751)|(4,607)|566|
||WCC Youth Work||Fund|||29,617||(896)|28,721|
||Web/Promotion||||253||(194)||59|
||Woodloes Project||||1,037||(144)||893|
||Youth Activities||||2,367|1,304|(2,920)|(48)|703|
||Total restricted
funds||||45,831|68,192|(52,517)|(3,553)|57,953|
||Total charity|funds|||142,034|244,153|(237,819)||148,368|
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|ANALYSIS|OF|NET ASSETS|BETWEEN FUNDS||||
|---|---|---|---|---|---|---|
||||Tangible|Current|Current||
||||Fixed Assets
R|Assets|Liabilitiesf|Total|
|At 31"August||2021|||||
|Restricted|funds||9,081|50,919|(2,047)|57,953|
|Unrestricted|funds||5,933|90,851|(6,369)|90,415|
||||15,014|141,770|(8,416)|148,368|
|At31"August||2020|||||
|Restricted|funds||9,651|36,179||45,830|
|Unrestricted|funds||6,444|97,100|(7,340)|96,203|
||||16,095|133,279|(7,340)|142,034|
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