## ## ## ## ||||Page| |---|---|---|---| |Reference and administrative
details ofthe Company,||its Trustees and advisers|| |Trustees'
report|||2-9| |Independent
examiner's
report|||10-11| |Statement offinancial|activities||12| |Balance sheet|||13-14| |Notes to the financial|statements||15-32| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||Restricted|Unrestricted|Total|Total| |---|---|---|---|---|---|---|---| |||||funds|funds|funds|funds| ||||Note|2021
6|2021
f|2021f|2020f| |Income from:
Donations
and legacies
Chaditable
activities|||||149,845
190,856|149,845
190,856|18,145
293,546
35| |Investments
Other income|||||10,202|10,202|| ||||||350,903|350,903|311,727| |Total income|||||||| |Expenditure
on:
Raising funds
Charitable
activities|||||33,428
211,353|33,428
211,353|10,717
423,072| ||||||244,781|244,781|433, 789| |Total expenditure|||||||| |Net movement
in
recognised
gains|funds|before other|||106,122|106,122|(122,062)| |Other recognised|gains:||||||| |Actuarial
gains on
pension schemes|defined|benefit|21||161,000|161,000|36,000| ||||||267,122|267,122|(86,062)| |Net movement
in|funds||||||| |Reconciliation
offunds:
Total funds brought forward
Net movement
in funds||||4,995|38,588
267,122|43,583
267,122|129,645
(86,062)| |||||4,995|305,710|310,705|43,583| |Total funds carried forward|||||||| ## ## ||||||Note||2021||2020f| |---|---|---|---|---|---|---|---|---|---| |Fixed assets|||||||||| |Tangible assets|||||13||200,645||214,588| ||||||||200,645||214,588| |Current assets|||||||||| |Debtors|||||15|143,997||24,235|| |Cash at bank and in hand||||||22,681||28,586|| |||||||166,678||52,801|| |Creditors: amounts
year|falling due||within one||16|(17,618)||(28,806)|| |Net current assets|||||||149,060||23,995| |Total assets less current liabilities|||||||349,705||238,583| |Net assets excluding||pension||liability|||349,705||238,583| |Defined benefit pension||scheme||liability|21||(39,000)||(195,000)| |Total net assets|||||||310,705||43,583| |Charity funds|||||||||| |Restricted funds:|||||||||| |Restricted funds|||||18|4,995||4,995|| |Total restricted
funds|||||18||4,995||4,995| |Unrestdicted
funds|||||||||| |Unrestricted
funds|excluding||pension asset||18|344,710||233,588|| |Pension reserve|||||18|(39,000)||(195,000)|| |Total unrestricted|funds||||18||305,710||38,588| |Totalfunds|||||||310,705||43,583| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||Unrestricted|Total| |---|---|---| ||funds|funds| ||2021|2021| ||F|6| |Donations|12,375|12,375| |Legacies
Grants|130,000
7,470|130,000
7,470| ||149845|149845| ||Unrestncted|Total| ||funds|funds| ||2020f|2020| |Donations|6,145|6,145| |Legacies
Grants|2,000
10,000|2,000
10,000| ||18,145|18,145| ## ## ## ## ## |.|Investment|inc|om|e|||||| |---|---|---|---|---|---|---|---|---|---| ||||||||||Total| ||||||||||funds| ||||||||||2021| ||||||||||5| |||||||||Unreslncted|Total| |||||||||funds|funds| |||||||||2020f|2020f| ||||||||||36| ||Investment|income|||||||| |6.|Other incoming|||resources|||||| ||||||||Unrestricted|Total|Total| ||||||||funds|funds|funds| ||||||||2021|2021|2020| ||||||||6||| ||COVID 19 Business Support grants
Job Retention Scheme Income||||||9,700
502|9,700
502|| ||||||||10,202|10,202|| |7.|Expenditure||on|raising funds|||||| ||Costs of|raising||voluntary||income|||| |||||||||Unrestncted|Total| |||||||||funds|funds| |||||||||2021|2021| |||||||||6|| ||Costs of raising|||voluntary|income - wages and salaries|||2,466|2,466| ## ## ## ||||||||||Unrestricted|Total| |---|---|---|---|---|---|---|---|---|---|---| ||||||||||funds|funds| ||||||||||2020|2020| |Costs
Costs|of
of|raising
raising|voluntary
voluntary|income
income|-|wages|and|salaries|1,226
9,491|1,226
9,491| ||||||||||10,717|10,717| |Unrestncted|Total|Total| |---|---|---| |funds|funds|funds| |2021|2021|2020| ||6|| |30,962|30,962|| ## ## ## ## ||||Unrestricted|Unrestricted|Total| |---|---|---|---|---|---| |||||funds|funds| |||||2021|2021| |||||8|| ||Statutory Services
Training Services|||191,364
19,989|191,364
19,989| |||||211,353|211,353| ||||Reslricled|Unrestricted|Total| ||||funds|funds|funds| ||||2020|2020f|2020| ||Statutory Services||1,635|421,437|423,072| |9.|Analysis of expenditure|by activities|||| ||||Activities||| ||||undertaken|Support|Total| ||||directly
2021|costs
2021|funds
2021| ||||5||| ||Statutory Services
Training Services||155,322|36,042
19,989|191,364
19,989| ||||155,322|56,031|211,353| ||||Activities||| ||||undertaken|Support|Total| ||||directly
2020|costs
2020|funds
2020f| ||Statutory Services||355,092|67,980|423,072| ## ## ## ## ||||Statutory|Total| |---|---|---|---|---| ||||Services|funds| ||||2021|2021| ||||6|6| |Pension finance costs
Staff costs
Depreciation|||4,000
120,947
14,329
836|4,000
120,947
14,329
836| |Light &Heat|||698|698| |Insurance
Travel costs
ICT support
Marketing
Consultancy|fees||2,280
4,326
7,050
856|2,280
4,326
7,050
856| ||||155,322|155,322| ||||Statutory|Total| ||||Services|funds| ||||2020f|2020| |Pension finance costs
Staff costs
Depreciation
Light & heat
Insurance
Travel costs
Stationery,
postage, phone 8 sundnes|||6,000
272,849
14,680
2,545
3,982
17,538
4,956
638|6,000
272,849
14,680
2,545
3,982
17,538
4,956
638| |Training
and recruitment
ICT support
Marketing
Project specific direct costs
Consultancy
fees|||9,336
3,586
7,785
11,197|9,336
3,586
7,785
11,197| ||||355,092|355,092| ## ## ## ## |||||||Statutory
Services|Community
Services|Total
funds| |---|---|---|---|---|---|---|---|---| |||||||2021|2021
6|2021f| ||Staff costs
Support costs
Governance costs|||||559
20,161
15,322|19,989|559
40,150
15,322| |||||||36,042|19,989|56,031| |||||||Statutory
Services|Community
Services|Total
funds| |||||||2020f|2020f|2020f| ||Staff costs
Repairs and maintenance
Consultancy
Support costs
Governance costs|||||46,756
594
2,400
8,790
9,440||46, 756
594
2,400
8,790
9,440| |||||||67,980||67,980| |10.|Independent|examiner's|remuneration|||||| ||||||||2021|2020| ||||||||F|| ||Fees payable
examination|to the Company's
ofthe Company's||independent
examiner
annual accounts||for the independent|4,700|4,700| ## ## ## |Staff costs||||| |---|---|---|---|---| ||||2021|2020| ||||F.|| |Wages and salaries
Social security costs
Contribution
to defined|contriibution|pension schemes|109,360
6,604
7,008|293,921
16,700
14,475| |Operating
costs ofdefined benefit||pension schemes|1,000|4,000| ||||123,972|329,095| |2021|2020| |---|---| |No.|No.| ## ## ## ## ## |Tangible fixed assets||||| |---|---|---|---|---| ||Freehold
property
f|Fixtures and
fittings
6|Office
equipment
f|Total
6| |Cost or valuation
At 1 April 2020|289,299|67,384|24,608
386|381,291
386| |Additions||||| |At 31 March 2021|289,299|67,384|24,994|381,677| |Depreciation
At 1 April 2020
Charge for the year|133,507
5,603|21,839
6,738|11,357
1,988|166,703
14,329| |At 31 March 2021|139,110|28,577|13,345|181,032| |Net book value||||| |At 31 March 2021|150,189|38,807|11,649|200,645| |At 31March 2020|155,792|45,545|13,251|214,588| |Fixed asset investments||||| |||||Unlisted| |||||investments| |||||6| |Cost or valuation
At 1 April 2020||||10,000| |||||10,000| |At 31 March 2021||||| |Impairment
At 1 April 2020||||10,000| |At 31 March 2021||||10,000| ## ## ## ## |5.|Debtors||||| |---|---|---|---|---|---| |||||2021f|2020f| ||Due within one year
Trade debtors|||13,997|9,664| ||Other debtors
Prepayments
and accrued income|||130,000|14,571| |||||143,997|24,235| |6.|Creditors: Amounts|falling due within one year|||| |||||2021f|2020f| ||Trade creditors
Other taxation
and social security|||8,960
2,085|15,890
8,216| ||Other creditors
Accruals and deferred|income||1,873
4,700|4,700| |||||17,618|28,806| |17.|Financial instruments||||| |||||2021f|2020| ||Financial assets
Financial assets measured
at fair value through||income and expenditure|22,681|28,566| ## ## ## ## ## ## ## ## |||||||Balance at| |---|---|---|---|---|---|---| |||Balance at
1 April 2019f|income
f|Expenditure
f|Gains/
(Losses)f|31March
2020| |Unrestricted
funds||||||| |General
Pension|Funds
reserve|359,015
(236,000)|311727|(437 154)
5,000|36,000|233,588
(195,000)| |||123,015|311,727|(432,154)|36,000|38,588| |Restricted funds||||||| |Mental|Health|967||(967)||| |Healthy
Eating Group
Deaf Awareness
Smart Energy
in Communities||368
300
4,995||(368)
(300)||4, 995| |||6,630||(1,635)||4,995| |Total|offunds|129,645||(433,789)|36,000|43,583| ## ## ## |Summary|offunds - current ye|ar||||| |---|---|---|---|---|---|---| |||||||Balance at| |||Balance at 1
April 2020f|Income
f|Expenditure
f|Gsinai
(Losses)f|31 March
2021
K| |General funds
Restricted funds||38,588
4,995|350,903|(244,781)|161,000|305,710
4,995| |||43,583|350,903|(244,781)|161,000|310,705| |Summary|offunds -prior year|||||| |||||||Balance at| |||Balance at
1April 2019|Income|Expendituref|Gainer
(Losses)|31March
2020f| |General funds
Restdicted funds||123,015
6,630|311,727|(432,154)
(1,535)|36,000|38,588
4,995| |||129,645|311,727|(433,789)|36,000|43,583| ## |Analysis of net assets between funds -current|year||| |---|---|---|---| ||Restricted|Unrestricted|Total| ||funds|funds|funds| ||2021
6|2021
f|2021
6| |Tangible fixed assets
Current assets
Creditors due within one year
Provisions for liabilities and charges|4,995|200,645
161,683
(17,618)
(39,000)|200,645
166,678
(17,618)
(39,000)| ||4,995|305,710|310,705| |Total|||| ## ## |Analysis|ofnet assets between funds -prior ye|ar||| |---|---|---|---|---| |||Restricted|Unrestricted|Total| |||funds|funds|funds| |||2020
f|2020|2020| |Tangible fixed assets|||214,588|214,588| |Current assets||4,995|47,806|52,801| |Creditors|due within one year||(28,806)|(28,806)| |Provisions|for liabilities and charges||(195,000)|(195,000)| |||4,995|38,588|43,583| |Total||||| ## |Principal
actuarial
assumptions
at the Balance sheet da|te (expressed as weighted averages).|| |---|---|---| ||At 31 March|At 31March| ||2021|2020| ||0/|M| |Discount rate|2.1|2.4| |inflation
assumption
Future salary increases
Future pension increases|2.7
4.2
2.8|2.1
3.6
2.2| ||At 31 March|At 31March| ||2021|2020| ||Years|Years| |Mortality rates (in years)
-fora male aged 65 now
-at 65fora male aged 45 now
-for a female aged 65 now
-at 65fora female aged 45 now|22.7
24.3
25.3
27.2|22.6
24.2
25.2
27.1| ## ## ## |The Company's
share ofth|e|assets in the|scheme was|:|||| |---|---|---|---|---|---|---|---| ||||||At|31March|At 31March| |||||||2021
f|2020| |Equities
Corporate bonds||||||1,390,000
637,000
290,000|1,462,000
785,000
156,000| |Property
Cash and other liquid assets
Other||||||148,000
1,154,000|151,000
571,000| |Total fair value ofassets||||||3,619,000|3,155,000| |The actual return on scheme||assets was|f582,000 (2020-f121,000).||||| |The amounts
recognised|in|the Statement|offinancial|activities are as|follows:||| |||||||2021f|2020f| |Current service cost
Past service cost
Interest income
Interest cost||||||1,000
(74,000)
78,000|1,000
3,000
(82,000)
58,000| |Total amount recognised||in the Statement offinancial activities||||5,000|10,000| |Movemen|ts
in the present value ofthe defined
benefit obligation|ere as| |---|---|---| |||2021f| |Opening
Current|defined
benefit obligation
service cost|3,350,000
1,000
78,000| |Interest|cost|347,000| |Actuarial|losses/(gains)|(118,000)| |Benefits|paid|| |Past service costs||| |Closing|defined benefit obligation|3,658,000| ## ## ## ## ||||2021| |---|---|---|---| ||||K| |Opening|fair|value ofscheme assets|3,155,000| |Expected|return on assets||74,000| |Actuarial|gains/(losses)||508,000| |Contributions||by employer|| |Benefits|paid||(118,000)| |Closing|fair|value of scheme assets|3,519,000| ##