| Notes | 2021 | 2020 | ||||
|---|---|---|---|---|---|---|
| E | ||||||
| INCOME | ||||||
| Charitable | Activities | 421,146 | 490,017 | |||
| Investment | Income | 1,713 | 1,173 | |||
| Total | 422,859 | 491,190 | ||||
| RESOURCES | EXPENDED | |||||
| Charitable | activities | 423,594 | 492,631 | |||
| Other | ||||||
| Total | 423,594 | 492,631 | ||||
| Net income/(expenditure) | (735) | (1,441) | ||||
| Reconciliation | of Funds | |||||
| Total Funds | brought | forward | 263,273 | 264,714 | ||
| Total Funds | carried forward | 262,538 | 263,273 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| Notes | f | |||
| FIXEDASSETS | ||||
| Tangible assets | 10 | |||
| CURRENT ASSETS | ||||
| Debtors | 15,550 | 24,622 | ||
| Cash at bank and short term deposit | 423,044 | 462,416 | ||
| 438,594 | 487,037 | |||
| CREDITORS: amounts | falling due within one year | 12 | (176,056) | (223,764) |
| NET CURRENT ASSETS | 262,538 | 263,273 | ||
| TOTAL ASSETS LESS | CURRENT LIABILITIES | 262,538 | 263,273 | |
| NET ASSETS | 262,538 | 263,273 | ||
| RESERVES | ||||
| Unrestricted Funds |
262,538 | 263,273 | ||
| 262,538 | 263,273 |
| Notes | 2021 f |
2020f | ||||||
|---|---|---|---|---|---|---|---|---|
| Net income/(expenditure) | (735) | (1,441) | ||||||
| Adjustments for: |
||||||||
| Interest receipts | (1,713) | (1,173) | ||||||
| (Increase)/Decrease | in debtors | 9,072 | 5,858 | |||||
| Increase /(Decrease) | in creditors | (47,708) | (10,827) | |||||
| Cash flows from operating | activities | (41,084) | (7,583) | |||||
| Cash flows from investing | activities | |||||||
| Dividends, interest and rents from |
||||||||
| investments | 1.713 | 1,173 | ||||||
| Change in cash and cash |
equivalents | in the | year | (39,371) | (6,410) | |||
| Cash and cash equivalents | at the beginning | ofthe | ||||||
| year | 462,415 | 468,825 | ||||||
| Total cash and cash equivalents | at | the end of | ||||||
| the year | 423,044 | 462,415 |
| CHARITABLE | ACTIVITIES | ||||||
|---|---|---|---|---|---|---|---|
| 2021 | 2020 | ||||||
| f | |||||||
| Subscriptions | and magazine | sales | 420,041 | 489,431 | |||
| Royalty income | 705 | 186 | |||||
| Other income | 400 | ||||||
| 421,146 | 490,017 | ||||||
| INVESTMENT | INCOME | ||||||
| 2021 | 2020 | ||||||
| f | |||||||
| Deposit account interest | 1,713 | 1,173 | |||||
| CHARITABLE | ACTIVITIES COSTS | ||||||
| Direct costs | Support costs | Totals | 2020 | ||||
| f | f | f | f | ||||
| Prime costs | 340,949 | 7,860 | 348,809 | 402,752 | |||
| Distribution | costs | 28,800 | 28,800 | 31,379 | |||
| Selling expenses | 41,191 | 41,191 | 50,076 | ||||
| Governance | 4,794 | 4,794 | 8,424 | ||||
| 415,734 | 7,860 | 423,594 | 492,631 | ||||
| SUPPORT COSTS | |||||||
| 2021 | 2020 | ||||||
| f | |||||||
| Finance | 5,366 | 4,850 | |||||
| Insurance | 2,148 | 2,045 | |||||
| Other | 346 | 1,605 | |||||
| Total | 7,860 | 8,861 |
| GOVERNANCE COSTS |
|||
|---|---|---|---|
| 2021 E |
2020f | ||
| Auditors' remuneration |
4,794 | 4,750 | |
| Travel and other costs |
3,674 | ||
| 4,794 | 8,424 | ||
| NET INCOMING/(OUTGOING) | RESOURCES | ||
| Net resources are stated after | charging/(crediting): | 2021 f |
2020f |
| Auditors' remuneration |
4,794 | 4,750 | |
| Depreciation —owned assets |
| STAFF COSTS | |||||||
|---|---|---|---|---|---|---|---|
| 2021 f |
2020f | ||||||
| Wages and salaries | 172,820 | 194,800 | |||||
| Social security costs | 12,484 | 15,621 | |||||
| Pensions | 17,615 | 19,150 | |||||
| 202,919 | 229,571 | ||||||
| The average | weekly | number | of employees | during | the year were as | 2021 | 2020 |
| follows: | No. | No. | |||||
| Editorial and |
production | ||||||
| Administration |
| 10. | TANGIBLE FIXEDASSETS | Computer |
|---|---|---|
| Cost | Equipment f |
|
| At 1April 2020 | 1,542 | |
| 31March 2021 | 1,542 | |
| Accumulated depreciation |
||
| At 1April 2020 | 1,542 | |
| 31March 2021 | 1,542 | |
| Net book values | ||
| 31March 2021 | ||
| 31March 2020 |
| 11. | DEBTORS | |||
|---|---|---|---|---|
| 2021 f |
2020f | |||
| Trade debtors | 805 | 400 | ||
| Other debtors | 3,039 | 4,215 | ||
| Prepaid costs and accrued income | 11,706 | 20,006 | ||
| 15,550 | 24,622 | |||
| 12. | CREDITORS amounts | falling due within one year | ||
| 2021 f |
2020f | |||
| Trade creditors | 9,571 | 18,446 | ||
| Taxation and social security payments | 4,189 | 4,264 | ||
| Other creditors | ||||
| Accruals and deferred | income | 162,297 | 201,054 | |
| 176,056 | 223,764 |