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2021-03-31-accounts

Activities 115

Charity No. 1091223

Company No. 04104081

Trustees' Report and Unaudited Accounts

31 March 2021

Activities 115 Contents

Pages
AGM Chair's Report 3 to 5
Trustees' Annual Report 6
Independent Examiner's Report 7
Statement of Financial Activities 8
Summary Income and Expenditure Account 9
Balance Sheet 10
Statement of Cash flows 11
Notes to the Accounts 12 to 20
Detailed Statement of Financial Activities 21 to 23

ACTIVITIES 115

ANNUAL GENERAL MEETING 2020/ 2021

1. CHAIRMAN’s REPORT

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial summary of the charity for the year ended 31 March 2021.

1.1 OBJECTIVES AND ACTIVITIES

Objectives and aims : The objects of the charity, as defined, by its Memorandum and Articles of Association, are to benefit the public through the provision of support to people with learning difficulties who are living in the community and to advance, promote and encourage education and learning opportunities. The trustees have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing aims and objectives and in planning the future objectives.

Objectives for the year : This year's objectives, up to 31 March 2021, were to consolidate our financial position and re-focus the role of the charity to give grants and financial support to individuals and groups to meet the objectives stated above.

Strategies to achieve the year’s objectives : In-year, the charity had to review its operating processes, which were adversely affected by the covid pandemic, and had to suspend all face to face activities and cancel the proposal to open a hub/ café / community space on the ground floor at 115 Fore Street, Kingsbridge. We continued to work hard to control our costs, in particular, terminating all employment contracts and to appoint one part-time administrator on a self employed basis. Also, where possible we have maintained our level of free reserves to continue our commitment to meeting the needs of our revised business objectives and reduced operating costs. We have also changed both our Accountants and Investment Managers to local firms which have provided cost savings.

Longer-term aims and objectives : The charity has retained its Mission, which is to ‘Overcome Disability through Positive Activity’. The charity will, through providing funding opportunities, continue to advance, promote and encourage education and learning opportunities, providing advice, consultancy and assistance to people with learning difficulties.

1.2 STRATEGIC REPORT

Achievement and performance :

Charitable activities : The focus of the company has been reset to be a grant giving charity to provide opportunities for activities to people in the Kingsbridge area with learning difficulties. Our existing policies, procedures, working practices and key performance indicators reflected the previous operation for direct delivery so these have continued to be reviewed to reflect the current focus on grant giving. Risk assessments and safe working arrangements have also continued to be reviewed to reflect the current focus.

The charity will continue to help people with learning difficulties and enrich their lives with the funds we have built up over the years. We will do our best to help people with learning difficulties undertake activities and integrate with the wider community so they can lead fulfilling lives.

Financial review :

Financial position : The income from charitable activities for the year was £12,511 (2020: £16,247).

At the end of the financial year reserves were £1,509,388 (2020: £1,421,405) with £11,140 (2020: £3,640 being restricted funds.

Investment policy and objectives : The Trustees have considered the most appropriate policy for investing funds and has this year changed its Investment Portfolio Managers from Brown Shipley to Charles Stanley in Exeter. The trustees have considered the current focus of the charity and the need

Page 3

for drawings and risks in the short, medium and long term from its investment portfolio. It has instructed Charles Stanley to invest its surplus funds in a high risk, long term portfolio. The Trustees consider the return that they receive on their investments to be satisfactory.

Reserves policy : The trustees have established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets ('the free reserves') held by the charity should be at £750,000.

Going concern : The charity has prepared the accounts on the basis it is a going concern. The charity confirms there are no material uncertainties about its ability to continue (see risks and uncertainties below).

Principal risks and uncertainties : At the year end there was no potential claim against the charity. The charity had committed to CIAG funding to assist in the development of the hub / café. This project has been cancelled and CIAG have been advised but have not to date requested repayment of funds.

Future plans : We have terminated the employment contracts of the Finance Manager, Operations Manager and the Assistant. The charity will not employ any staff and will appoint a self employed adviser to provide administration support for circa 15 hours per month. The Trustees will consider all changes and opportunities, which may come about, and will take appropriate decisions in order to consider fulfilling its objectives in the future.

1.3 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: The members shall carry out the election of the officers and committee members at the Annual General Meeting. Nominations shall be made in writing and delivered to the secretary. Each nomination must be proposed and seconded by a voting member of the Association and accompanied by the written consent of the nominee. New trustees are inducted into the workings of the charity during meetings held on a monthly basis. Training is reviewed on a regular basis and provided as deemed necessary.

Organisational structure: Full responsibility for the running of the Charity is vested in the trustees who by reason of the Incorporation of the Charity are also Directors of the Company. The Company is limited by guarantee and does not have share capital. The Memorandum of Association precludes the Trustees/Directors from receiving any remuneration or benefits.

Decision making: Trustees meet on a monthly basis, either in person or digitally, with an agenda. Any decisions are made at such meetings after lengthy discussions, a democratic vote takes place and decisions are recorded in minutes of the meeting.

1.4 STATEMENT OF TRUSTEES RESPONSIBILITIES

The trustees (who are also the directors of Activities 115 for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to

The trustees are responsible for keeping proper accounting records, which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that

Page 4

the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Page 5

Activities 115 Trustees Annual Report

The Trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the unaudited financial statements of the charity for the year ended 31 March 2021.

REFERENCE AND ADMINISTRATIVE DETAILS

Company No. 04104081

Charity No. 1091223

Registered Office

15 Erme Court Leonards Road Ivybridge Devon PL21 0SZ

Directors and Trustees

The Directors of the charitable company are its Trustees for the purposes of charity law. The following Directors and Trustees served during the year:

J.A. Buckley L.G. Buckley M.D.G. Dennis S.L. Dennis J.D. Stubbs

Accountants

Ivybridge Accountants Ltd 15 Erme Court Leonards Road Ivybridge Devon PL21 0SZ

The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.

The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006 and in accordance with the Charities SORP (FRS 102).

Signed on behalf of the board

M.D.G. Dennis Trustee 28 January 2022

Page 6

Activities 115 Independent Examiners Report

Independent Examiner's Report to the trustees of Activities 115

I report to the charity trustees on my examination of the accounts of Activities 115 for the year ended 31 March 2021 which comprise the Statement of Financial Activities, the Summary Income and Expenditure Account, the Balance Sheet, the Statement of Cash Flows and the related notes.

Responsibilities and basis of report

As the trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act.

Having satisfied myself that the accounts of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Simon Jilks ACCA Ivybridge Accountants Ltd 15 Erme Court Leonards Road Ivybridge Devon PL21 0SZ 28 January 2022

Page 7

Activities 115 Statement of Financial Activities

for the year ended 31 March 2021

Notes
Income and endowments
from:
Donations and legacies
4
Charitable activities
5
Investments
6
Other
7
Total
Expenditure on:
Raising funds
8
Charitable activities
9
Other
10
Total
Net gains/(losses) on
investments
Net income/(expenditure)
11
Transfers between funds
Net income/(expenditure)
before other gains/(losses)
Other gains and losses
Losses on revaluation of
fixed assets
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward		 Unrestricted
funds
2021
£
13,068
12,511
19,764
3,081		 Restricted
funds
2021
£
11,175
-
-
-		 Total funds
2021
£
24,243
12,511
19,764
3,081		 Total funds
2020
£
4,980
16,247
22,554
-
48,424
7,066
1,768
88,044		 11,175
-
3,675
-		 59,599
7,066
5,443
88,044		 43,781
10,015
17,383
107,899
96,878
128,937		 3,675
-		 100,553
128,937		 135,297
(91,506)
80,483
-		 7,500
-		 87,983
-		 (183,022)
-
80,483
(36,059)		 7,500
-		 87,983
(36,059)		 (183,022)
-
44,424
1,417,765		 7,500
3,640		 51,924
1,421,405		 (183,022)
1,604,427
1,462,189 11,140 1,473,329 1,421,405

Page 8

Activities 115 Summary Income and Expenditure Account

for the year ended 31 March 2021

Income
Net gains/(losses) on investments
Interest and investment income
Gross income for the year
Expenditure
Depreciation and charges for
impairment of fixed assets
Total expenditure for the year
Net income/(expenditure) before tax
for the year
Net income /(expenditure )for the year		 2021
£
39,835
128,937
19,764
188,536
91,352
9,201
100,553
87,983
87,983		 2020
£
21,227
(91,506)
22,554
(47,725)
125,537
9,760
135,297
(183,022)
(183,022)

Page 9

Activities 115 Balance Sheet

at 31 March 2021

Company No.
04104081
Notes
2021
£
Fixed assets
Tangible assets
13
530,735
Investments
14
812,314
1,343,049
Current assets
Debtors
15
2,988
Cash at bank and in hand
128,752
131,740
Creditors:Amount falling due within one year
16
(1,460)
Net current assets
130,280
Total assets less current liabilities
1,473,329
Net assets excluding pension asset or liability
1,473,329
Total net assets
1,473,329
The funds of the charity
Restricted funds
17
Restricted income funds
11,140
11,140
Unrestricted funds
17
General funds
1,498,248
1,498,248
Reserves
17
Revaluation reserve
(36,059)
(36,059)
Total funds
1,473,329		 2020
£
575,995
629,453
1,205,448
4,907
222,343
227,250
(11,293)
215,957
1,421,405
1,421,405
1,421,405
3,640
3,640
1,417,765
1,417,765
-
-
1,421,405

These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

For the year ended 31 March 2021 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

Approved by the board on 28 January 2022

And signed on its behalf by:

M.D.G. Dennis Trustee

28 January 2022

Page 10

Activities 115 Statement of Cash flows for the year ended 31 March 2021

Cash flows from operating activities
Net income/(expenditure) per Statement of Financial Activities
Adjustments for:
Depreciation of property, plant and equipment
Loss on disposal of tangible fixed assets
Dividends, interest and rents from investments
Other gains/losses
Decrease in trade and other receivables
Decrease in trade and other payables
Net cash provided by/(used in) operating activities
Cash flows from investing activities
Proceeds from sale of investments
Payments for investments
Dividends, interest and rents from investments
Net cash (used in)/from investing activities
Net cash from financing activities
Net increase/(decrease) in cash and cash equivalents
Cash and cash equivalents at the beginning of the year
Cash and cash equivalents at the end of the year
Components of cash and cash equivalents
Cash and bank balances		 2021
£
51,924
9,201
-
(22,845)
36,059
1,919
(9,833)
66,425
264,937
(318,861)
22,845
(31,079)
-
35,346
222,343
257,689
128,752
128,752		 2020
£
(183,022)
7,933
1,827
(22,554)
-
5,732
(368)
(190,452)
176,979
-
22,554
183,116
-
(7,336)
317,235
309,899
222,343
222,343

Page 11

Activities 115 Notes to the Accounts

for the year ended 31 March 2021

Basis of preparation

The financial statements have been prepared in accordance with 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 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Change in basis of accounting or to previous accounts

There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.

Fund accounting

Income

Page 12

Activities 115 Notes to the Accounts

Expenditure

Taxation

The charity is exempt from corporation tax on its charitable activities.

Tangible fixed assets and depreciation

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

Freehold property 1% Straight line Fixtures and fittings 10% Reducing balance

Freehold investment property

Investment properties are measured initially at cost and subsequently at fair value at each balance sheet date and are not depreciated. All gains or losses are taken to the Statement of Financial Activities as they arise.

Stocks

Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market.

Trade and other debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.

Page 13

Activities 115 Notes to the Accounts

Trade and other creditors

Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Foreign currencies

Monetary assets and liabilities denominated in currencies other than the functional currency of the charity are translated at the rates of exchange prevailing at the end of the reporting period. Transactions in currencies other than the functional currency of the charity are recorded at the rate of exchange on the date that the transaction occurred.

All exchange differences are are taken into account in arriving at net income/expenditure.

Leased assets

Where the charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease.

Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified as operating leases.

Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs.

Assets held under finance leases are depreciated in the same way as owned assets.

Operating lease payments are recognised as an expense on a straight-line basis over the lease term. In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis.

Pension costs

The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.

Receipt of donated goods, facilities and services

All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.

Page 14

Activities 115 Notes to the Accounts

2 Company status

The company is a private company limited by guarantee and consequently does not have share capital.

3 Statement of Financial Activities - prior year

Income and endowments from:
Donations and legacies
Charitable activities
Investments
Total
Expenditure on:
Raising funds
Charitable activities
Other
Total
Net gains on investments
Net income
Net income before other
gains/(losses)
Other gains and losses:
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
4
Income from donations and legacies
Fundraising
Donations		 Unrestricted
£
11,678
1,390
13,068		 Unrestricted
funds
2020
£
2,380
16,247
22,554
41,181
10,015
16,940
107,899
134,854
(91,506)
(185,179)
(185,179)
(185,179)
1,602,944
1,417,765
Restricted
£
-
11,175
11,175		 Restricted
funds
2020
£
2,600
-
-
2,600
-
443
-
443
-
2,157
2,157
2,157
1,483
3,640
Total
2021
£
11,678
12,565
24,243		 Total funds
2020
£
4,980
16,247
22,554
43,781
10,015
17,383
107,899
135,297
(91,506)
(183,022)
(183,022)
(183,022)
1,604,427
1,421,405
Total
2020
£
4,980
-
4,980

Page 15

Activities 115 Notes to the Accounts

5
Income from charitable activities
Supported living
Sports & Social income
6
Income from investments
Dividends & other interest on
investments
Deposit account interest
7
Other income
CJRS support grants
8
Expenditure on raising funds
Investment management
costs
Dividends & other interest on
investments
9
Expenditure on charitable activities
Expenditure on charitable
activities
Outreach
Sports & Social income
Counselling
Governance costs		 Unrestricted
£
580
1,188
-
1,768		 Unrestricted
£
12,098
413
12,511
Unrestricted
£
19,730
34
19,764
Unrestricted
£
3,081
3,081		 Total
2021
£
12,098
413
12,511
Total
2021
£
19,730
34
19,764
Total
2021
£
3,081
3,081		 Total
2020
£
9,630
6,617
16,247
Total
2020
£
22,494
60
22,554
Total
2020
£
-
-
Unrestricted
£
7,066
7,066
Restricted
£
-
-
3,675
3,675		 Total
2021
£
7,066
7,066
Total
2021
£
580
1,188
3,675
5,443		 Total
2020
£
10,015
10,015
Total
2020
£
1,141
16,242
-
17,383

Page 16

Activities 115 Notes to the Accounts

10 Other expenditure

10 Other expenditure
Unrestricted Total Total
2021 2020
£ £ £
Employee costs 50,584 50,584 60,213
Motor and travel costs 412 412 4,217
Premises costs 4,485 4,485 11,426
Amortisation, depreciation,
impairment, profit/loss on 9,201 9,201 9,760
disposal of fixed assets
General administrative costs 21,887 21,887 21,383
Legal and professional costs 1,475 1,475 900
88,044 88,044 107,899
11 Net income/(expenditure) before transfers
2021 2020
This is stated after charging: £ £
Depreciation of owned fixed assets 9,201 7,933
12 Staff costs
Salaries and wages 49,309 57,704
Social security costs - 574
Pension costs 1,275 1,015
50,584 59,293
No employee received emoluments in excess of £60,000.
The average monthly number of full time equivalent employees during the year was as follows:
2021 2020
Number Number
3 3
3 3

Page 17

Activities 115 Notes to the Accounts

13 Tangible fixed assets

13 Tangible fixed assets
Land and
buildings		 Fixtures and
fittings		 Total
£ £ £
Cost or revaluation
At 1 April 2020 578,609 43,902 622,511
Revaluation (36,059) - (36,059)
At 31 March 2021 542,550 43,902 586,452
Depreciation and
impairment
At 1 April 2020 36,764 9,752 46,516
Depreciation charge for the 5,786 3,415 9,201
year
At 31 March 2021 42,550 13,167 55,717
Net book values
At 31 March 2021 500,000 30,735 530,735
At 31 March 2020 541,845 34,150 575,995
14 Investments
Other
investments
- Listed Total
£ £
Cost or revaluation
At 1 April 2020 629,453 629,453
Additions 318,861 318,861
Revaluation 128,937 128,937
Disposals (264,937) (264,937)
At 31 March 2021 812,314 812,314
Net book values
At 31 March 2021 812,314 812,314
At 31 March 2020 629,453 629,453
Freehold Investment Property
The freehold investment property was acquired on 18 April 2013. The property was revalued on 31
January 2021 by Michael Dennis.
The property value has been based on similar property in the area that has recently been sold.

15 Debtors

Trade debtors
Other debtors
Prepayments and accrued income		 2021
£
2,112
-
876
2,988		 2020
£
2,223
1,187
1,497
4,907

Page 18

Activities 115 Notes to the Accounts

16 Creditors:

16 Creditors:
amounts falling due within one year
Trade creditors
Other taxes and social security
Other creditors
Accruals and deferred income		 2021
£
560
-
-
900
1,460		 2020
£
8,968
1,231
195
899
11,293
17 Movement in funds
Restricted funds:
Restricted income funds:
Football donation monies
Basketball donation monies
Counselling
Hub / Café development
Total
Unrestricted funds:
General funds
Revaluation Reserves:
Revaluation fund
Total revaluation reserves
Total funds		 At 1 April
2020
1,040
2,600
-
-
3,640
1,417,765
-
-
1,421,405		 Incoming
resources
(including
other
gains/losses)
£
-
-
4,482
6,693
11,175
177,361
(36,059)
(36,059)
152,477		 Resources
expended
£
-
-
(3,675)
-
(3,675)
(96,878)
(100,553)		 At 31
March
2021
£
1,040
2,600
807
6,693
11,140
1,498,248
(36,059)
(36,059)
1,473,329

Purposes and restrictions in relation to the funds:

Revaluation reserves Represent the amount by which investments exceed their historical cost.

Restricted funds: Football donation monies Basketball donation monies Counselling Hub / Café development To be used for the repair of the Community Hub and Café

Page 19

Activities 115 Notes to the Accounts

18 Analysis of net assets between funds

Fixed assets
Investments
Net current assets
19 Reconciliation of net debt
Cash and cash equivalents
Net debt		 At 1 April
2020
£		 Unrestricted
funds
£
530,735
812,314
130,280
1,473,329
Cash flows
£		 Total
£
530,735
812,314
130,280
1,473,329
At 31
March
2021
£
222,343 (93,591) 128,752
222,343
222,343		 (93,591)
(93,591)		 128,752
128,752
20 Commitments
Operating lease commitments
Annual commitments under non-cancellable operating leases are as follows:
2021
2021
Land and
buildings
Other
£
£
Operating leases with expiry date:
Pension commitments
2021
£
The pension cost charge to the company
amounted to:
1,275
21 Related party disclosures
Controlling party		 2020
Land and
buildings
£		 2020
Other
£
2020
£
1,015

The company is limited by guarantee and has no share capital; thus no single party controls the company.

Page 20

Activities 115 Detailed Statement of Financial Activities

for the year ended 31 March 2021

Income and endowments from:
Donations and legacies
Fundraising
Donations
Charitable activities
Supported living
Sports & Social income
Investments
Dividends & other interest on
investments
Deposit account interest
Other
CJRS support grants
Total income and endowments
Expenditure on:
Investment management costs
Dividends & other interest on
investments
Total of expenditure on raising
funds
Charitable activities
Outreach
Sports & Social income
Counselling
Total of expenditure on charitable
activities
Employee costs
Salaries/wages
Employer's NIC
Pension costs
Staff recruitment
Staff training		 Unrestricted
funds
2021
£
11,678
1,390
13,068
12,098
413
12,511
19,730
34
19,764
3,081
3,081
48,424
7,066
7,066
7,066
580
1,188
-
1,768
1,768
49,309
-
1,275
-
-
50,584		 Restricted
funds
2021
£
-
11,175
11,175
-
-
-
-
-
-
-
-
11,175
-
-
-
-
-
3,675
3,675
3,675
-
-
-
-
-
-		 Total funds
2021
£
11,678
12,565
24,243
12,098
413
12,511
19,730
34
19,764
3,081
3,081
59,599
7,066
7,066
7,066
580
1,188
3,675
5,443
5,443
49,309
-
1,275
-
-
50,584		 Total funds
2020
£
4,980
-
4,980
9,630
6,617
16,247
22,494
60
22,554
-
-
43,781
10,015
10,015
10,015
1,141
16,242
-
17,383
17,383
57,704
574
1,015
430
490
60,213

Page 21

Activities 115

Detailed Statement of Financial Activities

Motor and travel costs
Travel and subsistence
Premises costs
Rates
Light, heat and power
Premises cleaning
Premises repairs and
maintenance
General administrative costs,
including depreciation and
amortisation
Depreciation of land and
buildings
Depreciation of Fixtures and
fittings
Loss on disposal of tangible fixed
assets
Bad debts
Bank charges
Equipment repairs and
maintenance
General insurances
Stationery and printing
Sundry expenses
Telephone, fax and broadband
Legal and professional costs
Audit/Independent examination
fees
Accountancy and bookkeeping
Other legal and professional
costs
Total of expenditure of other costs
Total expenditure
Net gains on investments
Net income/(expenditure)
Net income/(expenditure) before
other gains/(losses)
Other recognised gains and losses
Losses on revaluation of fixed
assets		 412
412
333
1,956
1,636
560
4,485
5,786
3,415
-
7
117
1,992
5,263
5,805
186
8,517
31,088
180
720
575
1,475
88,044
96,878
128,937
80,483
80,483
(36,059)		 -
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
3,675
-
7,500
7,500
-		 412
412
333
1,956
1,636
560
4,485
5,786
3,415
-
7
117
1,992
5,263
5,805
186
8,517
31,088
180
720
575
1,475
88,044
100,553
128,937
87,983
87,983
(36,059)		 4,217
4,217
394
2,918
3,240
4,874
11,426
5,786
2,147
1,827
(452)
176
-
5,603
4,612
1,013
10,431
31,143
180
720
-
900
107,899
135,297
(91,506)
(183,022)
(183,022)
-

Page 22

Activities 115 Detailed Statement of Financial Activities

Activities 115
Detailed Statement of Financial Activities
Other Gains
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward		 -
44,424
1,417,765
1,462,189		 -
7,500
3,640
11,140		 -
51,924
1,421,405
1,473,329		 -
(183,022)
1,604,427
1,421,405

Page 23