| Page | |||
|---|---|---|---|
| Report ofthe Trustees | 1 | to | 4 |
| independent Examiaer's Report |
|||
| Statement ofFinancial Activities | |||
| Balance Sheet | |||
| Notes to the Financial Statements | 8 | to | 15 |
| Detailed Statement ofFinaacial Activities | 16 | to | 17 |
| f | or tbe Yea | r Eaded 30June 2021 | ||||
|---|---|---|---|---|---|---|
| 2021 | 2020 | |||||
| Unrestricted | Total | |||||
| fund | funds | |||||
| Notes | f | |||||
| INCOME AND ENDOWMENTS FROM | ||||||
| Donations and legacies |
63,070 | 75,398 | ||||
| Charitable activities |
||||||
| Room hire | 3,260 | |||||
| Equipment and facility |
useage | 2,704 | ||||
| Other trading activities | 2,592 | 38,110 | ||||
| Investment income |
240 | 264 | ||||
| Other income | 15,903 | |||||
| Total | 81,805 | 119,736 | ||||
| EXPENDITURE ON | ||||||
| Raising funds | 3,681 | 71,929 | ||||
| Charitable activities |
||||||
| Equipment and facility |
useage | 46,940 | 49,646 | |||
| Other | 200 | |||||
| Total | 50,821 | 121,575 | ||||
| NET INCOME/(EXPENDITURE) | 30,984 | (1,839) | ||||
| RECONCILIATION | OF | FUNDS | ||||
| Total funds brought | forward | 133,162 | 135,001 | |||
| TOTAL FUNDS CARRIED FORWARD | 164,146 | 133,162 | ||||
| CONTINUING OPERATIONS |
||||||
| All income and expenditure | has arisen from | continuing | activities. |
| Balance Sheet 30June 2021 |
|||
|---|---|---|---|
| 2021 | 2020 | ||
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | f | ||
| FIXEDASSETS | |||
| Tangible assets | 13 | 718 | 845 |
| CURRENT ASSETS | |||
| Stocks | 14 | 103 | 103 |
| Debtors | 15 | 37,870 | 12,243 |
| Cash at bank and in hand | 129,349 | 124,472 | |
| 167,322 | 136,818 | ||
| CREDITORS | |||
| Amounts falling due within one year |
16 | (3,894) | (4,501) |
| NET CURRENT ASSETS | 163,428 | 132,317 | |
| TOTAL ASSETSLESSCURRENT | |||
| LIABILITIES | 164,146 | 133,162 | |
| NET ASSETS | 164,146 | 133,162 | |
| FUNDS | 17 | ||
| Unrestricted funds |
164,146 | 133,162 | |
| TOTAL FUNDS | 164,146 | 133,162 |
| DONATION | S AND LEGACIES |
|||
|---|---|---|---|---|
| 2021 | 2020 | |||
| f | ||||
| Sponsorship | 200 | 2,425 | ||
| Alumni donations |
330 | 435 | ||
| Donation from North Bailey Club |
37,819 | 10,364 | ||
| Subscriptions | 7,853 | 44,381 | ||
| Contribution | towards staff salaries from Durham | University | 16,868 | 17,793 |
| 63,070 | 75,398 |
| OTHER TRADING ACTIVITIES | OTHER TRADING ACTIVITIES | OTHER TRADING ACTIVITIES | ||||
|---|---|---|---|---|---|---|
| 2021 | 2020 | |||||
| 8 | ||||||
| Tournaments | 2,592 | 19,746 | ||||
| Events - President's | account | 18,224 | ||||
| Miscellaneous | income | 140 | ||||
| 2,592 | 38,110 | |||||
| 5. | INVESTMENT INCOME | |||||
| 2021 | 2020 | |||||
| f | ||||||
| Bank interest | 240 | 264 | ||||
| 6. | RAISING FUNDS | |||||
| Raising donations | and legacies | |||||
| 2021f | 2020 f. |
|||||
| Freshers' fair expenses | 2, 151 | |||||
| Term card | 790 | 515 | ||||
| 790 | 2,666 | |||||
| Other trading | activities | |||||
| 2021 | 2020 | |||||
| f | f | |||||
| Tournaments | 2,750 | 29,205 | ||||
| Debates | 70 | 24,368 | ||||
| Events | 71 | 15,690 | ||||
| 2,891 | 69,263 | |||||
| Aggregate amounts |
3,681 | 71,929 | ||||
| 7. | CHARITABLE ACTIVITIES COSTS | |||||
| Direct | Support | |||||
| Costs (see | costs (see | |||||
| note 8) | note 9) f |
Totals f |
||||
| Equipment and |
facility useage | 2,467 | 44,473 | 46,940 |
| DIRECT C | OSTSOF CHARITABLE ACI'IVITIE | S | |
|---|---|---|---|
| 2021 | 2020 | ||
| Recruitment | 2,340 | 1,745 | |
| Depreciation | 127 | 149 | |
| 2,467 | 1,894 | ||
| SUPPORT | COSTS | ||
| 2021 | 2020 | ||
| f | f | ||
| Management | 44,390 | 47,612 | |
| Finance | 83 | 140 | |
| 44,473 | 47,752 |
| STAFF COSTS | |||||
|---|---|---|---|---|---|
| 2021 f |
2020f | ||||
| Wages and salaries | 32,283 | 33,999 | |||
| Social security costs | 2,365 | 2,227 | |||
| Other pension costs | 4,019 | 4,782 | |||
| 38,667 | 41,008 | ||||
| The average monthly | number ofemployees | during | the year was as follows: | ||
| 2021 | 2020 | ||||
| Administration | 3 | 4 |
| 12. | COMPAR | ATIVES F | OR THE STATEMENT OF FINANCIAL AC | TIVITIES |
|---|---|---|---|---|
| Unrestricted | ||||
| fund | ||||
| f | ||||
| INCOME | AND ENDOWMENTS FROM | |||
| Donations | and legacies | 75,398 | ||
| Charitable | activities | |||
| Room hire | 3,260 | |||
| Equipment | and facility | useage | 2,704 | |
| Other trading activities |
38,110 | |||
| Investment | income | 264 | ||
| Total | 119,736 | |||
| EXPENDITURE ON | ||||
| Raising funds | 71,929 | |||
| Charitable | activities | |||
| Equipment | and facility | useage | 49,646 | |
| Total | 121,575 | |||
| NET INCOME/(EXPENDITURE) | (1,839) | |||
| RECONCILIATION | OF FUNDS | |||
| Total funds brought | forward | 135,001 | ||
| TOTAL FUNDS CARRIED FORWARD | 133,162 | |||
| 13. | TANGIBLE FIXED | ASSETS | ||
| Fixtures | ||||
| and | ||||
| fittings | ||||
| f. | ||||
| COST | ||||
| At 1 July 2020 and 30 |
June 2021 | 5,351 | ||
| DEPRECIATION | ||||
| At 1 July 2020 | 4,506 | |||
| Charge for | year | 127 | ||
| At 30 June | 2021 | 4,633 | ||
| NKT BOOK VALUE | ||||
| At 30June | 2021 | 718 | ||
| At 30June | 2020 | 845 |
| Note | s to the Financial Statements - continued for the Year Ended 30June 2021 |
|||||
|---|---|---|---|---|---|---|
| 14. | STOCKS | |||||
| 2021 | 2020 | |||||
| f | f | |||||
| Stocks | 103 | 103 | ||||
| 15. | DEBTORS: | AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||
| 2021 | 2020 | |||||
| f | ||||||
| Trade debtors | 762 | |||||
| Other debtors | 37,870 | 10,415 | ||||
| Prepayments | and accrued income | 1,066 | ||||
| 37,870 | 12,243 | |||||
| 16. | CREDITORS: | AMOIJNTS FALLING DUE WITHIN ONE YEAR | ||||
| 2021 | 2020 | |||||
| f | f | |||||
| Trade creditors | 705 | 1,348 | ||||
| Other creditors | 36 | |||||
| Accrued expenses | 3,153 | 3,153 | ||||
| 3,894 | 4,501 | |||||
| 17. | MOVEMENT | IN FUNDS | ||||
| Net | ||||||
| movement | At | |||||
| At 1.7.20 | in funds | 30.6.21 | ||||
| f | f | |||||
| IJnrestricted | funds | |||||
| General fund |
133,162 | 30,984 | 164,146 | |||
| TOTAL FUNDS | 133,162 | 30,984 | 164,146 | |||
| Net movement | in funds, included | in the above are as follows: | ||||
| Incoming | Resources | Movement | ||||
| resources | expended f |
in funds f |
||||
| Unrestricted | funds | |||||
| General fund | 81,805 | (50,821) | 30,984 | |||
| TOTAL FUNDS | 81,805 | (50,821) | 30,984 |
| Net | ||||||
|---|---|---|---|---|---|---|
| movement | At | |||||
| At 1.7.19 | in funds | 30.6.20 | ||||
| f | f | |||||
| Unrestricted | funds | |||||
| General | fund | 135,001 | (1,839) | 133,162 | ||
| TOTAL | FUNDS | 135,001 | (1,839) | 133,162 | ||
| Comparative | net movement | in funds, included | in the above are as follows: | |||
| Incoming | Resources | Movement | ||||
| resources | expended f |
in funds f |
||||
| Unrestricted | funds | |||||
| General | fund | 119,736 | (121,575) | (1,839) | ||
| TOTALFUNDS | 119,736 | (121,575) | (1,839) |
| Net | |||||
|---|---|---|---|---|---|
| movement | At | ||||
| At 1.7.19 | in funds | 30.6.21 | |||
| f | |||||
| Unrestricted | funds | ||||
| General | fund | 135,001 | 29,145 | 164,146 | |
| TOTAL | FUNDS | 135,001 | 29,145 | 164,146 |
| Incoming | Resources | Movement | |||
|---|---|---|---|---|---|
| resources | expended | in funds f |
|||
| Unrestricted | funds | ||||
| General | fund | 201,541 | (172,396) | 29,145 | |
| TOTAL | FUNDS | 201,541 | (172,396) | 29,145 |
| for tbe Year Ended 30Ju | ne 2021 | |||
|---|---|---|---|---|
| 2021 | 2020 | |||
| Unrestricted | Total | |||
| funds | fundsf | |||
| INCOME AND ENDOWMENTS | ||||
| Donations and |
legacies | |||
| Sponsorship | 200 | 2,425 | ||
| Alumni donations |
330 | 435 | ||
| Donation fiom | North Bailey Club | 37,819 | 10,364 | |
| Subscriptions | 7,853 | 44,381 | ||
| Contribution towards staff salaries from Durham |
||||
| University | 16,868 | 17,793 | ||
| 63,070 | 75,398 | |||
| Other trading | activities | |||
| Tournaments | 2,592 | 19,746 | ||
| Events - President's | account | 18,224 | ||
| Miscellaneous | income | 140 | ||
| 2,592 | 38,110 | |||
| Investment income |
||||
| Bank interest | 240 | 264 | ||
| Charitable activities |
||||
| Room hire | 3,260 | |||
| Miscellaneous | receipts | 2,704 | ||
| 5,964 | ||||
| Other income | ||||
| Government Grants |
15,903 | |||
| Total incoming | resources | 81,805 | 119,736 | |
| EXPENDITURE | ||||
| Raising donations | and legacies | |||
| Freshers' fair expenses | 2,151 | |||
| Term card | 790 | 515 | ||
| 790 | 2,666 | |||
| Other trading | activities | |||
| Tournaments | 2,750 | 29,205 | ||
| Debates | 70 | 24,368 | ||
| Events | 71 | 15,690 | ||
| 2,891 | 69,263 |
| 2021 | 2020 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| funds | funds | ||
| 8 | |||
| Other trading activities | |||
| Charitable activities |
|||
| Recruitment | 2,340 | 1,745 | |
| Fixtures and fittings | 127 | 149 | |
| 2,467 | 1,894 | ||
| Other | |||
| Bad Debts | 200 | ||
| Support costs | |||
| Management | |||
| Wages | 32,283 | 33,999 | |
| Social security | 2,365 | 2,227 | |
| Pensions | 4,019 | 4,782 | |
| Independent examiner's |
fees | 2,400 | 2,370 |
| Insurance | 832 | 779 | |
| Telephone | 457 | 453 | |
| Postage and stationery | 99 | 113 | |
| Other office costs | 277 | 385 | |
| Photocopier expenses | 1,658 | 2,504 | |
| 44,390 | 47,612 | ||
| Finance | |||
| Bank charges | 83 | 140 | |
| Total resources expended | 50,821 | 121,575 | |
| Net income | 30,984 | (1,839) |