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2021-03-31-accounts

Reference and Administrative
Details		 Reference and Administrative
Details
Trustees'
Report		 2to19
Statement
of		 Trustees'
Responsibilities		 20
Independent Examiner's
Report		 21 to 22
Consolidated Statement
of Financial		 Activities 23 to 24
Consolidated Balance Sheet 25
Balance Sheet 26
Statement
of		 Cash Flows 27
Notes to the Financial
Statements		 28 to 42

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Unrestricted Restricted Total
Note fundsf fundsf 2021
Income and Endowments from:
Donations
and legacies		 3,948 75 4,023
Charitable
activities		 201,525 468,110 669,635
Investment
income		 140 140
Total income 205,613 468,185 673,798
Expenditure
on:
Charitable
activities		 (216,085) (466,213) (682,298)
Total expenditure (216,085) (466,213) (682,298)
Net (expenditure)/income (10,472) 1,972 (8,500)
Transfers
between		 funds 72,412 (72,412)
Net movement
in funds		 61,940 (70,440) (8,500)
Reconciliation
of		 funds
Total funds brought forward 159,192 80,499 239,691
Total funds carried forward 18 221,132 10,059 231,191

Unrestricted Restricted Total
Note fundsf fundsf 2020
Income and Endowments from:
Donations
and legacies		 5,291 658 5,949
Charitable
activities		 236,793 148,575 385,368
Investment
income		 360 360
Total income 242,444 149,233 391,677
Expenditure
on:
Charitable
activities		 (216,670) (107,980) (324,650)
Total expenditure (216,670) (107,980) (324,650)
Net income 25,774 41,253 67,027
Transfers
between		 funds 8,309 (8,309)
Net movement
in funds		 34,083 32,944 67,027
Reconciliation
of		 funds
Total funds brought forward 125,109 47,555 172,664
Total funds carried forward 18 159,192 80,499 239,691

Consolidated
B
31 March 2021		 alance Sheet
2021 2020
Note
Current assets
Stocks 13 120 120
Debtors 14 18,395 20,444
Cash at bank and in hand 343,619 356,854
362,134 377,418
Creditors: Amounts falling due within one year (122,943) (129,727)
Total assets less current liabilities 239,191 247,691
Creditors: Amounts falling due after more than one year 16 (8,000) (8,000)
Net assets 231,191 239,691
Funds ofthe group:
Restricted
income funds
Restricted funds 10,059 80,499
Unrestricted
income funds
Unrestricted
funds		 221,132 159,192
Total funds 18 231,191 239,691

31 March 20 21
2021 2020
Note
Fixed assets
Investments
Current assets
Stocks 13 120 120
Debtors 14 18,395 20,444
Cash at bank and in hand 343,619 356,854
362,134 377,418
Creditors: Amounts falling due within one year 15 (122,944) (129,728)
Net current assets 239,190 247,690
Total assets less current liabilities 239,191 247,691
Creditors: Amounts falling due after more than one year 16 (8,000) (8,000)
Net assets 231,191 239,691
Funds ofthe charity:
Restricted
income funds
Restricted
funds		 10,059 80,499
Unrestricted income funds
Unrestricted
funds		 221,132 159,192
Total funds 18 231,191 239,691

2021 2020
Note
Cash flows from operating activities
Net (expenditure)/income
for		 the year (8,500) 67,027
Working capital adjustments
Increase in stocks 13 (120)
Decrease/(increase)
in debtors		 14 2,049 (8,268)
Increase in creditors 15 30,244 12,074
Decrease in deferred
income		 16 (37,028) (27,134)
Net cash flows from operating activities (13,235) 43,579
Net (decrease)/increase
in cash and cash equivalents		 (13,235) 43,579
Cash and cash equivalents
at		 1 April 356,854 313,275
Cash and cash equivalents
at		 31 March 343,619 356,854

Unrestricted
general Restricted Total Total
funds funds 2021 2020
Donations and legacies;
Donations from individuals 3,948 75 4,023 5,949
3,948 75 4,023 5,949

Unrestricted
general Restricted Total
funds funds 2021
Grants 62,985 461,748 524,733
Subscriptions 60,239 1,028 61,267
Income from Heritage 2020 support 46,005 46,005
Income from update bulletin 4,165 4,165
Sponsorship 23,629 4,267 27,896
Income from events 4,502 1,067 5,569
201,525 468,110 669,635
Unrestricted
general Restricted Total
funds funds 2020
Grants 61,750 125,570 187,320
Subscriptions 57,297 8,506 65,803
Income from Heritage 2020 support 76,224 76,224
Income from update bulletin 5,550 5,550
Sponsorship 23,850 11,835 35,685
Income from events 12,122 2,664 14,786
236,793 148,575 385,368
5 Investment income
Unrestricted
general Total Total
funds 2021 2020
Other investment income 140 140 360

Unrestricted
general Total Total
funds Restricted 2021 2020
Salaries and National Insurance 73,014 193,367 266,381 86,658
Project expenses 272,846 272,846 66,687
Support costs 143,071 143,071 171,305
216,085 466,213 682,298 324,650
Activity Activity
undertaken support
directly costs 2021 2020
Heritage projects 539,227 143,071 682,298 324,650

Charitable
a		 ctivities ex pen diture
Unrestricted
general Total Total
funds 2021 2020
Salaries and National Insurance 50,176 50,176 50,726
Rent, rates and services 16,500 16,500 17,500
Professional fees 33,698 33,698 61,388
Printing,
postage and		 stationery 246 246 2,084
Telephone 3,066 3,066 1,900
Travel and subsistence 122 122 998
Insurance 1,757 1,757 1,320
Other expenses 2,558 2,558 1,416
Subscriptions to external bodies 1,287 1,287 1,575
AGM, national
and regional		 events 11,079 11,079 17,253
Bank charges 171 171 175
Computer
expenses		 19,963 19,963 12,540
Governance costs 2,448 2,448 2,430
143,071 143,071 171,305
Governance costs
Unrestricted
general Total Total
funds 2021 2020
Independent examiner fees
Examination ofthe financial statements 2,448 2,448 2,430
2,448 2,448 2,430

9 Staff costs
The aggregate
payroll costs were as follows:
2021 2020
Staff costs during the year were:
Wages and salaries 280,969 122,285
Social security costs 20,327 7,833
Pension costs 15,302 7,267
316,598 137,385

2021 2020
No No
11 5
10 Independ ent
e		 xaminer's remuneration
2021 2020
Examination ofthe financial statements 2,448 2,430

share capital are as follo ws:
Country of Proportion ofvoting Principal
Undertaking incorporation Holding rights and shares
held		 activity
2021 2020
Subsidiary
undertakings
Heritage
Alliance
Trading
Limited		 England
Wales		 and Ordinary
shares		 100% 100% Dormant
company

13Stock
Group Charity
2021 2020 2021 2020
Stocks 120 120 120 120

14Debtors
Group Charity
2021 2020 2021 2020
Trade debtors 17,382 16,977 17,382 16,977
Prepayments 750 1,005 750 1,005
Other debtors 263 2,462 263 2,462
18,395 20,444 18,395 20,444
15Creditors: amounts falling due within one year
Group Charity
2021 2020 2021 2020
Trade creditors 24,678 12,400 24,678 12,400
Other taxation and social
security 7,148 3,364 7,148 3,364
Other creditors 304 4,031 305 4,032
Accruals 40,691 22,782 40,691 22,782
Deferred
income		 50,122 87,150 50,122 87,150
122,943 129,727 122,944 129,728

Deferred income
2021
Group
Deferred income at 1 April 2020 (87,150)
Resources deferred in the period (84,621)
Amounts released from previous periods 121,649
Deferred income at 31 March 2021 (50,122)
2021
Charity
Deferred income at 1 April 2020 (87,150)
Resources deferred in the period (84,621)
Amounts released from previous periods 121,649
Deferred income at 31 March 2021 (50,122)

16Creditors: amounts falling due after one year
Group Charity
2021 2020 2021 2020
Other creditors 8,000 8,000 8,000 8,000

Group and Charity Group and Charity Group and Charity
Balance at Balance at
1 April Incoming Resources 31 March
2020 resources expendedf Transfers 2021
Unrestricted funds
General
Charity and group 159,192 205,613 (216,085) 72,412 221,132
Restricted funds
Heritage
Funding
Directory Project 4,573 (2,736) (1,000) 837
HRB 17,176 2,270 (247) (2,060) 17,139
Philanthropy 333 333
Resiliance 24,205 67,280 (69,100) 22,385
Travel Grant scheme 2,001 (2,001)
Digital (828) 101,683 (113,833) (14,547) (27,525)
HEF Capacity Building 33,039 70,657 (77,269) (18,487) 7,940
Oxford University 4,167 (4,167)
Rebuilding 222,128 (196,860) (36,318) (11,050)
Total restricted funds 80,499 468,185 (466,213) (72,412) 10,059
Total funds 239,691 673,798 (682,298) 231,191

Balance at Balance at
1 April Incoming Resources 31 March
2019 resources expended Transfers 2020
Unrestricted funds
General
Charity and group 125,109 242,444 (216,670) 8,309 159,192
Restricted funds
Heritage
Funding
Directory Project 4,228 5,600 (4,255) (1,000) 4,573
HRB 13,294 11,444 (5,502) (2,060) 17,176
Philanthropy 533 (200) 333
Resiliance 9,500 84,100 (69,395) 24,205
Creative
Industries		 Event 9,236 (7,077) (2,159)
International Event 3,799 (3,799)
Travel Grant scheme 20,000 (804) (14,105) (3,090) 2,001
Digital (828) (828)
HEF Capacity Building 35,858 (2,819) 33,039
Total restricted funds 47,555 149,233 (107,980) (8,309) 80,499
Total funds 172,664 391,677 (324,650) 239,691

Group
Unrestricted Total funds
funds Restricted at 31 March
General funds 2021
Current assets 352,075 10,059 362,134
Current liabilities (122,943) (122,943)
Creditors over 1 year (8,000) (8,000)
Total net assets 221,132 10,059 231,191
Unrestricted Total funds
funds Restricted at 31 March
General funds 2020
Current assets 296,919 80,499 377,418
Current liabilities (129,727) (129,727)
Creditors over 1 year (8,000) (8,000)
Total net assets 159,192 80,499 239,691