SOMERSET BRANCH OF THE CAMPAIGN TO PROTECT RURAL ENGLAND
A company limited by guarantee. Registered in England number 04755482 and registered charity number1100860
| INCOME AND EXPENDITURE FOR THE YEAR | ENDED 31ST DECEMBER | 2020 | BALANCE AS AT 31ST DECEMBER 2020 | |||
|---|---|---|---|---|---|---|
| INCOME | 2020 | 2019 | +/- | CURRENT ASSETS | 2020 | 2019 |
| £ | £ | £ | ||||
| Share of subscriptions etc | 13759 | 14197 | -438 | Fixed Assets | 0 | 0 |
| Finger Posts (Restricted funds) | (3250) | (4550) | ||||
| Branch Appeal | 2328 | 2328 | Cash in Bank at 31st December | 2775 | 4015 | |
| Interest received Virgin/Redwood Acct |
433 | 504 | -71 | Less unpresented cheques | 0 | 0 |
| Giftaid | 392 | 392 | Cash | 0 | 0 | |
| Donations | 1967 | 1534 | 433 | Postage stamps | 0 | 0 |
| Litter Pick Project | 9254 | 9254 | ||||
| Lottery | 1332 | 0 | 1332 | |||
| Shows | 0 | 164 | -164 | Sub Total | 2775 | 4015 |
| LESS COST OF SUPPORT TO SW GROUP CPRE |
REGIONAL | Savings Deposit Account (Redwood Bank) Includes £5000 restricted funds Finger |
50442 |
45009 | ||
| Post | ||||||
| Donation to SW region | 0 | 0 | Savings Deposit Account (Redwood Bank) Restricted funds Finger Post |
-3250 |
-4550 | |
| Total | £49,967 | £44,474 | ||||
| TOTAL | £29,465 | £16,399 | 13066 | |||
| LIABILITIES | £0 | £0 | ||||
| OVERHEADS | ||||||
| Administrator | 10522 | 10437 | 85 | NET ASSETS | £49,967 | £44,474 |
| Events | 50 | 35 | 15 | NET SURPLUS/DEFICIT | £5,492.19 | -£4,844.00 |
| Finger Posts (Resricted funds) | 1300 | 450 | 850 | |||
| Insurance | 301 | 301 | 0 | |||
| Miscellaneous | 495 | 423 | 71 | For the year ending 31/12/2015 the company was entitled to exemption from | ||
| Planner | 5878 | 7064 | -1187 | audit under section 477 of the Companies Act 2008 relating to small companies. |
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| Postage | 735 | 583 | 152 | Director’s responsibilities; | ||
| Printing | 500 | 300 | 199 | •The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476, |
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| Room hire and premises | 90 | 272 | -182 | •The directors acknowledge their responsibilities for the complying with the requirements of the Act with respect to the accounting records and the |
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| preparation of accounts. | ||||||
| Shows | 12 | 19 | -7 | ‘The accounts have been delivered in accordance with the provisions | ||
| applicable to companies subject to the small companies regime.’ | ||||||
| Stationary | 71 | 118 | -47 | Approved by the Board of Directors on | ||
| and signed on their behalf by | ||||||
| Travel | 35 | 1689 | -1654 | |||
| branch share | 15 | 0 | 15 | JohnRoberts, Treasurer | and Trustee | |
| Lottery | 280 | 0 | 280 | |||
| Litter pick project | 4991 | 0 | 4991 | |||
| OVERHEADS | £25,273 | £21,693 | £3,582 | |||
| Finger Posts (Resricted funds) | £1,300 | £450 | ||||
| TOTAL OVERHEADS | £23,973 | £21,243 | ||||
| NET SURPLUS/DEFICIT | £5,492.19 | -£4,844 |
I have prepared the draft accounts for 2020 which are shown above Assets (Cash in the NatWest and Redwood savings accounts) increased by over £10000. Income has increased considerably due to the funds received for the Litter Pick project , the appeal and the lottery. The successful bid of £9254 for the Litter Pick Project included staff costs and overheads recovery of £3432 of which £708 has been taken in staff costs in 2020 - it is expected that the remainder of the staff costs (£1452) will be used in 2021 ,present circumstances permitting. The appeal raised over £2700 including gift Aid and the lottery saw a profit of over £1000.
Overheads increased mainly due to the Litter Pick Project but not suprisingly expenses were down and this will probably continue during 2021 as online meetings become the norm.
It is anticipated that there will be no branch appeal this year and that the Finger Posts and Litter Pick projects will be completed and we will see a reduction in our reserves by about £4500 at the end of 2021 (dependent on income from the lottery) It is important that opportunities continue to be taken to maintain our income and Becky must be congratulated for her excellent work in securing funding for the Litter Pick Project.
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