| Page | |||
|---|---|---|---|
| Report ofthe Trustees | 1 | to | 2 |
| Independent Examiner's Report |
|||
| Statement ofFinancial Activities | |||
| Balance Sheet | |||
| Notes to the Financial Statements | 6 | to | 11 |
| Detailed Statement ofFinancial Activities | 12 |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Total | |||||
| fufld | funds | |||||
| Notes | ||||||
| INCOME AND ENDOWMENTS FROM | ||||||
| Donations and legacies |
132.420 | 197,744 | ||||
| Investment income |
25 | 152 | ||||
| Total | 132,445 | 197,896 | ||||
| EXPENDITURE ON | ||||||
| Charitable activities |
||||||
| Bursaries fund | 105,098 | 125,007 | ||||
| Village hall running | costs | 5,883 | 8,902 | |||
| Fundraising costs |
216 | 216 | ||||
| Production costs |
20,863 | 42,413 | ||||
| Bank charges | 345 | 299 | ||||
| Rent and utilities | 31,195 | 54,637 | ||||
| Depreciation | 24,010 | 24,010 | ||||
| Sundry expenses | 688 | 956 | ||||
| Legal and professional | 954 | 5,277 | ||||
| Accountancy | 1,776 | 6,920 | ||||
| Bookkeeping | 3,757 | 1,218 | ||||
| Training costs | 570 | |||||
| Village hall refurbishment | costs | 604 | 764 | |||
| Total | 195,959 | 270,619 | ||||
| NET INCOME/(EXPENDITURE) | (63,514) | (72,723) | ||||
| RECONCILIATION | OF | FUNDS | ||||
| Total funds brought | forward | 148,979 | 221,702 | |||
| TOTAL FUNDS CARRIED FORWARD | 85,465 | 148,979 |
| 2021 | 2020 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| Rnd | funds | ||
| Notes | f, | ||
| FIXEDASSETS | |||
| Tangible assets | 68,494 | 92,504 | |
| CURRENT ASSETS | |||
| Cash at bank and in hand | 96,466 | 77,612 | |
| CREDITORS | |||
| Amounts falling due within one year |
(79,495) | (21,137) | |
| NKT CURRENT ASSKTS | 16,971 | 56,475 | |
| TOTAL ASSETSI.ESSCllRRKiVT | |||
| LIABILFfIKS | 148,979 | ||
| NKT ASSETS | 85,465 | 148,979 | |
| FUNDS | |||
| Unrestricted funds |
85,465 | 148,979 | |
| TOTAL FUNDS | 85,465 | 148,979 |
| 2. | INVESTMENT INCOM | E | ||
|---|---|---|---|---|
| 2021 | 2020 | |||
| Interest received | 25 | 152 | ||
| 3. | NKT INCOMEl(EXPENDITURE) | |||
| Net incomel(expenditure) | is stated aAer charging/(crediting): | |||
| 2021 | 2020 | |||
| Depreciation - owned assets | 24,010 | 24,010 |
| There were no tr 31 August 2020. |
ustees' | expenses paid for the year ended 31 August 2021 nor |
expenses paid for the year ended 31 August 2021 nor |
for the year ende |
|---|---|---|---|---|
| COMPARATIVES | FOR | THE STATEMENT OF FINANCIAL ACTIVITIES | ||
| Unrestricted | ||||
| fund | ||||
| INCOME AND ENDOWMENTS | FROM | |||
| Donations and legacies |
197,744 | |||
| Investment income |
152 | |||
| Total | 197,896 | |||
| EXPENDITURE ON | ||||
| Charitable activities |
||||
| Bursaries fund | 125,007 | |||
| Village hall running | costs | 8,902 | ||
| Fundraising costs |
216 | |||
| Production costs |
42,413 | |||
| Bank charges | 299 | |||
| Rent and utilities | 54,637 | |||
| Depreciation | 24,010 | |||
| Sundry expenses | 956 | |||
| Legal and professional | 5,277 | |||
| Accountancy | 6,920 | |||
| Bookkeeping | 1,218 | |||
| Village hall refurbishment | costs | 764 | ||
| Total | 270,619 |
| 5. | COMPARATIVKS FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued | COMPARATIVKS FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued | |
|---|---|---|---|
| Unrestricted | |||
| fund | |||
| NET INCOME/(EXPENDITURE) | (72,723) | ||
| RECONCILIATION | OF FUNDS | ||
| Total funds brought | forward | 221,702 | |
| TOTAL FUNDS CARRIED FORWARD | 148,979 | ||
| 6. | TANGIBLE FIXEDASSETS | ||
| Leasehold | |||
| improvements | |||
| COST | |||
| At 1 September 2020 and 31 August 2021 | 260,148 | ||
| DEPRECIATION | |||
| At 1 September 2020 | 167,644 | ||
| Charge for year | 24,010 | ||
| At 31 August 2021 | 191,654 | ||
| NKT BOOKVALUE | |||
| At 31August 2021 | 68,494 | ||
| At 31August 2020 | 92,504 | ||
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
| 2021 | 2020 | ||
| Other creditors | 13,931 | 14,500 | |
| Accrued expenses | 65,564 | 6,637 | |
| 79,495 | 21,137 |
| MOVEM | EN | T IN FUNDS | |||||
|---|---|---|---|---|---|---|---|
| Net | |||||||
| movement | At | ||||||
| At 1.9.20 | in funds | 31.8.21 | |||||
| Unrestricted | funds | ||||||
| General | fund | 148,979 | (63,514) | 85,465 | |||
| TOTAL | FUNDS | 148,979 | (63,514) | 85,465 | |||
| Net movement | in funds, included in the above | are as follows: | |||||
| Incoming | Resources | Movement | |||||
| resources | expended | in funds | |||||
| Unrestricted | funds | ||||||
| General | fund | 132,445 | (195,959) | (63,514) | |||
| TOTAL | FUNDS | 132,445 | (195,959) | (63,514) | |||
| Comparatives | for movemeat | in funds | |||||
| Net | |||||||
| movement | At | ||||||
| At 1.9.19 | m funds | 31.8.20 | |||||
| Unrestricted | funds | ||||||
| General | fund | 221,702 | (72,723) | 148,979 | |||
| TOTAL | FUNDS | 221,702 | (72,723) | 148,979 | |||
| Comparative | net movement | in | funds, included | in the above are as follows: | |||
| Incoming | Resources | Movement | |||||
| resources | expended | in funds f |
|||||
| Unrestricted | funds | ||||||
| General | fund | 197,896 | (270,619) | (72,723) | |||
| TOTAL | FUNDS | 197,896 | (270,619) | (72,723) |
| Net | ||||
|---|---|---|---|---|
| movement | At | |||
| At 1.9.19 | in funds | 31.8.21 | ||
| Unrestricted | funds | |||
| General fund | 221,702 | (136,237) | 85,465 | |
| TOTAL FUNDS | 221,702 | (136,237) | 85,465 |
| Incoming | Resources | Movement | ||
|---|---|---|---|---|
| resources | expended | in funds | ||
| Unrestricted | funds | |||
| General fund | 330,341 | (466,578) | (136,237) | |
| TOTAL FUNDS | 330,341 | (466,578) | (136,237) |
| 2021 | 2020 | ||
|---|---|---|---|
| At | 31st August 2020 | 148,979 | 221,701 |
| Net | deficit for the year | (63,514) | (72,722) |
| At | 31stAugust 2021 | f85,465 | K148,979 |
| ANALYSIS OF NET ASSETSBETWEEN FUN | DS | |
|---|---|---|
| 2021 | 2020 | |
| Fixed assets | 68,494 | 92,504 |
| Current assets | 96,466 | 77,662 |
| Current liabilities | (79,495) | (21,187) |
| f85,465 | f148,979 |
| 2021 | 2020 | ||
|---|---|---|---|
| INCOME AND ENDOWMENTS | |||
| Donations and legacies |
|||
| Production income |
28,286 | 69,453 | |
| Voluntary income - donations |
67,707 | 70,647 | |
| Income Irom events | 3,263 | 112 | |
| Hall Hire | 23,164 | 31,015 | |
| Government grants |
10,000 | 25,000 | |
| Commission received |
1,517 | ||
| 132,420 | 197,744 | ||
| Investment income |
|||
| Interest received | 152 | ||
| Total incoming resources |
132,445 | 197,896 | |
| EXPENDITURE | |||
| Charitable activities |
|||
| Insurance | 1,113 | 1,056 | |
| Telephone | 20 | ||
| Postage and stationery | 238 | 518 | |
| Sundries | 450 | 418 | |
| Bursaries | 105,098 | 125,007 | |
| Gitl aid fees | 216 | 216 | |
| Production costs |
20,863 | 42,413 | |
| Village hall running | costs | 36,569 | 63,247 |
| Professional fees |
954 | 264 | |
| Training costs | 570 | ||
| 166,071 | 233,159 | ||
| Support costs |
|||
| Finance | |||
| Bank charges | 345 | 299 | |
| Depreciation oftangible fixed assets | 24,010 | 24,010 | |
| 24,355 | 24,309 | ||
| Governance costs |
|||
| Accountancy and legal fees |
5,533 | 13,151 | |
| Total resources expended | 195,959 | 270,619 | |
| Net expenditure | (63,514) | (72,723) |