# **REGISTERED COMPANY NUMBER: 04022634 (England and Wales) REGISTERED CHARITY NUMBER: 1087684**
## **REPORT OF THE TRUSTEES AND**
## **UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021**
**FOR**
## **BAGGATOR**
Lawes & Co Boyce's Building 40-42 Regent Street Clifton Bristol BS8 4HU
**BAGGATOR**
## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021**
||**Page**|
|---|---|
|**Report of the Trustees**|1 to 4|
|**Statement of Financial Activities**|5|
|**Balance Sheet**|6 to 7|
|**Notes to the Financial Statements**|8 to 15|
|**Detailed Statement of Financial Activities**|16 to 17|
**BAGGATOR**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021**
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
The charity's purposes, as set out in the Articles of Association are to advance education through creative programmes of informal education, skills training and leisure activities built in partnership with, and designed to improve the life and practical skills of young people disadvantaged by their social or financial circumstances and who may experience difficulty sustaining mainstream education provision.
Page 1
**BAGGATOR**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021**
## **OBJECTIVES AND ACTIVITIES**
## **Significant activities**
Covid-19 marked the year. Previously we had identified the risk of a catastrophic event disrupting our activities and had developed the Baggator Nexus as a response. The Nexus is a loose collection of groups and agencies working together to provide short and long term solutions.
Deploying the Baggator Nexus to respond to Covid-19 meant we worked closely with
- Bristol Muslim Cultural Society [BMCS]
- Supper Supper Club
- RADE [Residents Against Dirty Energy
- Plan-EL
- Marsh Maker
- The University of West of England
- STEM Ambassadors
The initial response was to produce frozen meals for people and families affected by Covid-19. Using the kitchens of the Pickle Factory, Support Supper Club, and the National Food Service feed 1,000's in the spring and early summer, cooking, freezing and distributing food seven days a week. Often 0ver 150 meals were cooked in an evening The Yard was also used to distribute veg boxes packed in All Hallows Hall next door throughout the year.
Behind the scenes, the Ideas Pool enabled the Trustees to develop rapid responses to problems and future needs. The Ideas Pool is a creative commons approach where ideas are shared and germinated in a free-form fashion that retains ownership with the group or team that initiated it. This approach minimises the risk of larger organisations taking over new initiatives, claiming the credit. With little or no funding, volunteers started an additional kitchen at Barton Hill [ the Sunday Kitchen] guided by Supper Supper Club.
Medium-Long term uses of the Pickle Factory Yard & Garden from July with the gradual lifting of restrictions included
-Cycling Sisters - a highly successful women-only cycling group within BMCS, starting in July and continuing into 2022-23 and beyond -Bagga-bites - free food for Young Citizens stop-gap from July, while we could not run the usual Bagga-youth Club.
-Gardening Group - which offered much-needed respite for a small group of isolated people and families from tower blocks
The Trustees initiated long-Term projects from the Ideas Pool, including
- Saaf Hava [Urdu for Clean Air] set the framework for 20-plus Air Quality monitoring sites. Covid-19 delayed the roll-out but allowed more in-depth planning of how this data could benefit both Neighbourhood Planning and STEM education. Traffic counting sensors [Telraam] were considered in January 2021 and added the following year
- Increased national role in Air Quality Inequalities work with the Department of the Environment, and Defra
- Atamai Tutor Centre - providing free tutoring for Young Citizens who needed additional educational support because education had been moved from schools to the home.
- Peace of Art continued to operate outdoors from October and went on to provide their second contracted public artwork.
- Science Technology Engineering and Mathematics [STEM] work with Young Citizens using the data from Saaf Hava would eventually lead to the Easton Data Garden in 2021/22
Page 2
**BAGGATOR**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021**
## **OBJECTIVES AND ACTIVITIES**
Unfortunately, the Baggtor Nexus's highly creative and innovative cross-fertilisation between its constitutive elements did not generate the income needed to replace the losses from closing the Pickle Factory and Lock-down uncertainties.
Specific thanks should be given to the local businesses that supported the food initiatives, especially Bristol Sweet Mart and Pak Butchers, who were heavily affected by the loss of trade, but who never failed to supply more than they were asked for. Without them and the untiring work of volunteers, the impact of hunger and desperation that followed in the wake of Covid-19 would have been so much worse for the community of Easton & Lawrence Hill.
## **Public benefit**
The charity delivers public benefit by delivering educational and leisure activities which are accessible and affordable for all young people. The Trustees have had regard to the Charity Commission's guidance on public benefit and endeavour to implement them in all the charity's work.
During the year, our activities as described below have delivered public benefit by providing activities for young people which are not only educational but also provide young people with enjoyment without recourse to alcohol, drugs and anti-social activities.
## **FINANCIAL REVIEW**
## **Financial position**
Despite extensive hard work by the Trustees, and volunteers, Baggator ended the year with a deficit and would have closed had it not been for a local pensioner who loaned us £40,000 by cashing in part of their pension to stop the closure. Debt free the slow and painful process of rebuilding the organisation began.
## **Reserves policy**
The Trustees have had to waive their normal reserves policy as there are no reserves. It is the Trustees intention to build up the reserves in future years so that they can return to the intended reserves policy target of £15,000, and or enough funds to cover three month's activities and running costs, whichever is the larger.
## **FUTURE PLANS**
Building on the foundations laid this year, the Trustees will work closely with the Baggator Nexus to enhance the educational opportunities for Young Citizens in STEM and related areas with UWE and the STEM Ambassadors.
Food and Young Citizen work are increasingly intertwined by the rise of poverty and deprivation in parts of our community. It is now necessary to include hot food as part of our Youth Work.
Beyond the Pickle Factory, Art [through Peace of Art] and the Digital Environment intertwine with Climate Change and Air Pollution. Baggator has a role to play as a critical component of developing a better and more sustainable future for Easton & Lawrence Hill that does not exclude the voiceless, as too often happens at present.
Funding and resources are scarce following Covid-19 and likely to be harder to acquire without clear links to the needs of the area.
Page 3
**BAGGATOR**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
## **Recruitment and appointment of new trustees**
Trustees are recruited by networking and periodic advertisements, with the intention that the committee reflect the diversity of the local community. To ensure that users' interests are adequately represented, the Articles of Association require that at least two trustees are young people aged 18-25. New trustees are elected by the existing trustees at General Meetings. One third of existing trustees must resign at the Annual General Meeting, but may present themselves for re-election if they wish.
## **Organisational structure**
The organisation is a charitable company limited by guarantee, incorporated on 27 June 2000 and registered as a charity on 25 July 2001. The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association. In the event of the company being wound up, members are required to contribute an amount not exceeding £1.
The Trustees, who are also Directors of the Company for the purposes of company law, are responsible for overseeing the running of the charity. They also act as the key management personnel, planning and directing the activities of the charity.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number**
04022634 (England and Wales)
## **Registered Charity number**
1087684
## **Registered office**
The Pickle Factory 13 All Hallows Road Bristol BS5 0HH
## **Trustees**
B Yates Self Employed Promoter S L Phelps Director S J Holmes Head Teacher
## **Company Secretary**
B Yates
29/03/2022 Approved by order of the board of trustees on ............................................. and signed on its behalf by:
.......................................................... S L Phelps - Trustee
Page 4
## **BAGGATOR**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2021**
|||||**31.3.21**|31.3.20|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|**Total**|Total|
|||funds|funds|**funds**|funds|
||Notes|£|£|**£**|£|
|**INCOME AND ENDOWMENTS FROM**||||||
|Donations and legacies|2|**40,651**|**3,000**|**43,651**|6,823|
|Investment income|3|**2,198**|**-**|**2,198**|5,837|
|**Total**||**42,849**|**3,000**|**45,849**|12,660|
|**EXPENDITURE ON**||||||
|Raising funds||**12,723**|**-**|**12,723**|1,290|
|Other||**28,772**|**-**|**28,772**|28,836|
|**Total**||**41,495**|**-**|**41,495**|30,126|
|**NET INCOME/(EXPENDITURE)**||**1,354**|**3,000**|**4,354**|(17,466)|
|**Transfers between funds**|12|**3,000**|**(3,000)**|**-**|-|
|**Net movement in funds**||**4,354**|**-**|**4,354**|(17,466)|
|**RECONCILIATION OF FUNDS**||||||
|**Total funds brought forward**||**(57,513)**|**9,001**|**(48,512)**|(31,046)|
|**TOTAL FUNDS CARRIED FORWARD**||**(53,159)**|**9,001**|**(44,158)**|(48,512)|
The notes form part of these financial statements
Page 5
## **BAGGATOR**
## **BALANCE SHEET**
## **31 MARCH 2021**
|Unrestricted
Restricted
funds
funds
Notes
£
£
**FIXED ASSETS**
Tangible assets
7
**3,183**
**-**
**CURRENT ASSETS**
Debtors
8
**(235)**
**70**
Cash at bank and in hand
**12,843**
**12,242**
**12,608**
**12,312**
**CREDITORS**
Amounts falling due within one year
9
**(23,750)**
**(3,311)**
**NET CURRENT ASSETS/(LIABILITIES)**
**(11,142)**
**9,001**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**(7,959)**
**9,001**
**CREDITORS**
Amounts falling due after more than one
year
10
**(45,200)**
**-**
**NET ASSETS/(LIABILITIES)**
**(53,159)**
**9,001**
**FUNDS**
12
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|**31.3.21**
**Total**
**funds**
**£**
**3,183**
**(165)**
**25,085**
**24,920**
**(27,061)**
**(2,141)**
**1,042**
**(45,200)**
**(44,158)**
**(53,159)**
**9,001**
**(44,158)**|31.3.20
Total
funds
£
2,617
515
20,922
21,437
(27,866)
(6,429)
(3,812)
(44,700)
(48,512)
(57,513)
9,001
(48,512)|
|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2021.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2021 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
Page 6
continued...
**BAGGATOR**
## **BALANCE SHEET - continued 31 MARCH 2021**
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by: 29/03/2022
.............................................
S L Phelps - Trustee
The notes form part of these financial statements
Page 7
**BAGGATOR**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 25% on reducing balance Plant and machinery - 25% on reducing balance
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Page 8
continued...
**BAGGATOR**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021**
|**2.**
**DONATIONS AND LEGACIES**
Donations
Grants
Grants received, included in the above, are as follows:
Dance & keep fit
General
Other grants
**3.**
**INVESTMENT INCOME**
Rents received
**4.**
**NET INCOME/(EXPENDITURE)**
Net income/(expenditure) is stated after charging/(crediting):
Depreciation - owned assets|**31.3.21**
**£**
**39,651**
**4,000**
**43,651**
**31.3.21**
**£**
**3,000**
**1,000**
**-**
**4,000**
**31.3.21**
**£**
**2,198**
**31.3.21**
**£**
**1,061**|31.3.20
£
4,823
2,000|
|---|---|---|
|||6,823|
|||31.3.20
£
-
-
2,000
2,000
31.3.20
£
5,837
31.3.20
£
872|
## **5. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 March 2021 nor for the year ended 31 March 2020.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 March 2021 nor for the year ended 31 March 2020.
Page 9
continued...
## **BAGGATOR**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021**
|**6.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
Unrestricted
Restricted
funds
funds
£
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
4,793
2,030
Investment income
5,797
40
**Total**
10,590
2,070
**EXPENDITURE ON**
Raising funds
1,290
-
Other
28,836
-
**Total**
30,126
-
**NET INCOME/(EXPENDITURE)**
(19,536)
2,070
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
(37,977)
6,931
**TOTAL FUNDS CARRIED**
**FORWARD**
(57,513)
9,001|Total
funds
£
6,823
5,837
12,660
1,290
28,836
30,126
(17,466)
(31,046)
(48,512)|
|---|---|
Page 10
continued...
**BAGGATOR**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021**
## **7. TANGIBLE FIXED ASSETS**
|Improvements
to
Plant and
property
machinery
£
£
**COST**
At 1 April 2020
**29,462**
**13,471**
Additions
**1,152**
**475**
At 31 March 2021
**30,614**
**13,946**
**DEPRECIATION**
At 1 April 2020
**27,020**
**13,296**
Charge for year
**899**
**162**
At 31 March 2021
**27,919**
**13,458**
**NET BOOK VALUE**
At 31 March 2021
**2,695**
**488**
At 31 March 2020
2,442
175
**8.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
**31.3.21**
**£**
Trade debtors
**(295)**
Other debtors
**130**
**(165)**
**9.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
**31.3.21**
**£**
Bank loans and overdrafts (see note 11)
**15,924**
Trade creditors
**10,417**
Accrued expenses
**720**
**27,061**|Totals
£
**42,933**
**1,627**|
|---|---|
||**44,560**|
||**40,316**
**1,061**|
||**41,377**|
||**3,183**|
||2,617|
||31.3.20
£
442
73
515
31.3.20
£
18,675
8,231
960|
||27,866|
Page 11
continued...
**BAGGATOR**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021**
|**10.**
**CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE**
Other loans (see note 11)
**11.**
**LOANS**
An analysis of the maturity of loans is given below:
Amounts falling due within one year on demand:
Bank overdrafts
Amounts falling between one and two years:
Other loans - 1-2 years
**12.**
**MOVEMENT IN FUNDS**
Net
movement
At 1.4.20
in funds
£
£
**Unrestricted funds**
General fund
**(62,804)**
**2,815**
Fixed assets
**2,617**
**(1,061)**
RADE
**159**
**(400)**
Sword APAK
**2,515**
**-**
**(57,513)**
**1,354**
**Restricted funds**
Big Lottery
**289**
**-**
Big Lottery - Awards for All - Earn a
bike project
**6,642**
**-**
Super Supper Club Bristol
**2,000**
**-**
Easton Voice
**40**
**-**
Plan-El
**30**
**-**
Dance & Keep Fit
**-**
**3,000**
**9,001**
**3,000**
**TOTAL FUNDS**
**(48,512)**
**4,354**|**YEAR**
**31.3.21**
**£**
**45,200**
**31.3.21**
**£**
**15,924**
**45,200**
Transfers
between
funds
£
**973**
**1,627**
**400**
**-**
**3,000**
**-**
**-**
**-**
**-**
**-**
**(3,000)**
**(3,000)**
**-**|31.3.20
£
44,700
31.3.20
£
18,675
44,700
At
31.3.21
£
**(59,016)**
**3,183**
**159**
**2,515**
**(53,159)**
**289**
**6,642**
**2,000**
**40**
**30**
**-**
**9,001**
**(44,158)**|
|---|---|---|
Page 12
continued...
**BAGGATOR**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021**
## **12. MOVEMENT IN FUNDS - continued**
Net movement in funds, included in the above are as follows:
||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|**42,849**|**(40,034)**|**2,815**|
|Fixed assets|**-**|**(1,061)**|**(1,061)**|
|RADE|**-**|**(400)**|**(400)**|
||**42,849**|**(41,495)**|**1,354**|
|**Restricted funds**||||
|Dance & Keep Fit|**3,000**|**-**|**3,000**|
|**TOTAL FUNDS**|**45,849**|**(41,495)**|**4,354**|
|**Comparatives for movement in funds**||||
|||Net||
|||movement|At|
||At 1.4.19|in funds|31.3.20|
||£|£|£|
|**Unrestricted funds**||||
|General fund|(44,598)|(18,206)|(62,804)|
|Fixed assets|3,489|(872)|2,617|
|RADE|159|-|159|
|Sword APAK|2,973|(458)|2,515|
||(37,977)|(19,536)|(57,513)|
|**Restricted funds**||||
|Big Lottery|289|-|289|
|Big Lottery - Awards for All - Earn a||||
|bike project|6,642|-|6,642|
|Super Supper Club Bristol|-|2,000|2,000|
|Easton Voice|-|40|40|
|Plan-El|-|30|30|
||6,931|2,070|9,001|
|**TOTAL FUNDS**|(31,046)|(17,466)|(48,512)|
Page 13
continued...
**BAGGATOR**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021**
## **12. MOVEMENT IN FUNDS - continued**
Comparative net movement in funds, included in the above are as follows:
||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|10,580|(28,786)|(18,206)|
|Fixed assets|-|(872)|(872)|
|RADE|10|(10)|-|
|Sword APAK|-|(458)|(458)|
||10,590|(30,126)|(19,536)|
|**Restricted funds**||||
|Super Supper Club Bristol|2,000|-|2,000|
|Easton Voice|40|-|40|
|Plan-El|30|-|30|
||2,070|-|2,070|
|**TOTAL FUNDS**|12,660|(30,126)|(17,466)|
A current year 12 months and prior year 12 months combined position is as follows:
|**Unrestricted funds**
General fund
Fixed assets
RADE
Sword APAK
**Restricted funds**
Big Lottery
Big Lottery - Awards for All - Earn a
bike project
Super Supper Club Bristol
Easton Voice
Plan-El
Dance & Keep Fit
**TOTAL FUNDS**|Net
movement
At 1.4.19
in funds
£
£
(44,598)
(15,391)
3,489
(1,933)
159
(400)
2,973
(458)
(37,977)
(18,182)
289
-
6,642
-
-
2,000
-
40
-
30
-
3,000
6,931
5,070
(31,046)
(13,112)|Transfers
between
funds
£
973
1,627
400
-
3,000
-
-
-
-
-
(3,000)
(3,000)
-|At
31.3.21
£
(59,016)
3,183
159
2,515
(53,159)
289
6,642
2,000
40
30
-
9,001
(44,158)|
|---|---|---|---|
Page 14
continued...
**BAGGATOR**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021**
## **12. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|53,429|(68,820)|(15,391)|
|Fixed assets|-|(1,933)|(1,933)|
|RADE|10|(410)|(400)|
|Sword APAK|-|(458)|(458)|
||53,439|(71,621)|(18,182)|
|**Restricted funds**||||
|Super Supper Club Bristol|2,000|-|2,000|
|Easton Voice|40|-|40|
|Plan-El|30|-|30|
|Dance & Keep Fit|3,000|-|3,000|
||5,070|-|5,070|
|**TOTAL FUNDS**|58,509|(71,621)|(13,112)|
## **13. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 March 2021.
## **14. RESTRICTED FUNDS**
During the year the charity has had to rely on restricted funding to meet its general expenditure requirements. The trustees plan to rectify this position by undertaking additional fundraising in the future.
## **15. GOING CONCERN**
The financial statements have been prepared on a going concern basis due to the continued support of the trustees.
Page 15
## **BAGGATOR**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2021**
|**FOR THE YEAR ENDED**|**31 MARCH 2021**||
|---|---|---|
||31.3.21|31.3.20|
||£|£|
|**INCOME AND ENDOWMENTS**|||
|**Donations and legacies**|||
|Donations|**39,651**|4,823|
|Grants|**4,000**|2,000|
||**43,651**|6,823|
|**Investment income**|||
|Rents received|**2,198**|5,837|
|**Total incoming resources**|**45,849**|12,660|
|**EXPENDITURE**|||
|**Other trading activities**|||
|Activity costs|**12,723**|683|
|Bad debts|**-**|607|
||**12,723**|1,290|
|**Support costs**|||
|**Management**|||
|Wages|**-**|528|
|Advertising|**32**|-|
||**32**|528|
|**Finance**|||
|Bank charges|**122**|150|
|**Information technology**|||
|Repairs and renewals|**110**|-|
|**Other**|||
|Rates and water|**484**|3,498|
|Insurance|**1,838**|1,395|
|Light and heat|**2,860**|3,700|
|Telephone|**747**|1,182|
|Postage and stationery|**601**|80|
|Sundries|**252**|134|
|Repairs & renewals|**2,225**|1,637|
|Carried forward|**9,007**|11,626|
This page does not form part of the statutory financial statements
Page 16
## **BAGGATOR**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2021**
||31.3.21|31.3.20|
|---|---|---|
||£|£|
|**Other**|||
|Brought forward|**9,007**|11,626|
|Rent|**12,000**|12,000|
|Licences and permits|**193**|666|
|Donations|**3,535**|-|
|Subscriptions|**50**|92|
|Computer expenses|**313**|115|
|Cleaning|**1,629**|1,153|
|Improvements to property|**898**|814|
|Plant and machinery|**163**|58|
||**27,788**|26,524|
|**Governance costs**|||
|Accountancy and legal fees|**720**|1,270|
|Bookkeeping|**-**|364|
||**720**|1,634|
|Total resources expended|**41,495**|30,126|
|**Net income/(expenditure)**|**4,354**|(17,466)|
This page does not form part of the statutory financial statements
Page 17