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|||Page|
|---|---|---|
|Legal and Administrative
Information|||
|The Report ofthe Trustees||2-6|
|Statement
ofTrustee|Responsibilities||
|Independent
Auditor's|Report|8-10|
|Statement
of Financial|Activities||
|Balance Sheet||12|
|Statement ofcash flows||13|
|Notes to the Financial|Statements|14-25|
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|||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|
|||||funds|funds|2020|2019|
||||Notes|||||
|Income and endowments|from:|||||||
|Donations
and legacies
Charitable
activities
Investments
Other income||||341,201
76,097
266
53,641|65,671
57,454
12,511|406,872
133,551
266
66,152|314,381
191,209
203|
|Total income and endowments||||471,205|135,636|606,841|505,793|
|Expenditure
on:||||||||
|Raising funds||||39,628||39,628|32,150|
|Charitable
activities||||375,320|96,627|471,947|437,531|
|Total resources expended||||414,948|96,627|511,575|469,681|
|Net gains on investments||||661||661|6,683|
|Net incoming/(outgoing)|resources|||||||
|before transfers||||56,918|39,009|95,927|42,795|
|Transfers
between
funds||||||||
|Net incoming/(outgoing)|resources|||56,918|39,009|95,927|42,795|
|Fund balances at 1 November||2019||499,253|26,056|525,309|482,514|
|Fund balances at 31October||2020||556,171|65,065|621,236|525,309|
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|||||2020||2019||
|---|---|---|---|---|---|---|---|
||||Notes|||||
|Fixed assets||||||||
|Tangible assets|||13||274,856||286,106|
|Investm ants|||14||18,376||57,715|
|Current assets|||||293,232||343,821|
|Debtors|||15|27,367||24,345||
|Cash at bank and|in|hand||403,094||240,085||
|||||430,461||264,430||
|Creditors: amounts||falling due within|16|||||
|one year||||(102,457)||(82,942)||
|Net current assets|||||328,004||181,488|
|Total assets less|current liabilities||||621,236||525,309|
|Income funds||||||||
|Restricted funds
Unrestricted
funds|||18
18||65,065
556,171||26,056
499,253|
||||||621,236||525,309|
##
|||||2020||2019||
|---|---|---|---|---|---|---|---|
||||Notes|||||
|Cash flows from operating
activities||||||||
|Cash generated
from operations|||24||139,906||49,866|
|Investing
activities||||||||
|Purchase
oftangible|fixed|assets||(17,163)||(29,998)||
|Disposal/(Purchase)|ofinvestments|||40,000||(25,000)||
|Interest received||||266||203||
||||||23,103||(54,795)|
|Net Increase in cash|and|cash equivalents|||163,009||(4,929)|
|Cash and cash equivalents||at the beginning|ofthe year||240,085||245,014|
|Cash and cash equivalents||at the end ofthe year|||403,094||240,085|
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|3|Donations|and lega|cies|||||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|||||funds|funds|2020|2019|
||Donations|and gifts||261,854|65,671|327,525|304,881|
||Legacies receivable|||79,347||79,347|9,500|
|||||341,201|65,671|406,872|314,381|
||For the year ended||31 October 2019|306,751|7,630||314,381|
|4|Charitable
activities|||Unrestricted|Restricted|Total|Total|
|||||funds|funds|2020|2019|
||Sales within|charitable|activities|76,097|57,454|133,551|191,209|
||For the year ended 31October 2019|||85,367|105,842||191,209|
|5|Investments|||||||
|||||Unrestricted|Restricted|Total|Total|
|||||funds6|funds6|2020
6|2019f|
||Interest receivable|||266||266|203|
||For the year|ended 31 October 2019||203|||203|
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|Other i|ncome|||||
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|2020|2019|
|COVID-19 grant||10,000||10,000||
|Babcock|grant|500||500||
|VAT refund||43,141||43,141||
|Furlough|grant||12,511|12,511||
|||53,641|12,511|66,152||
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|Raising funds|||||
|---|---|---|---|---|
||Unrestricted|Restricted|Total|Total|
||funds|funds|2020|2019|
|Publicity and fund raising|21,349||21,349|26,656|
|Regular mailings|18,279||18,279|5,494|
||39628||39628|32,150|
|For the year ended 31October 2019|32,150|||32,150|
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||8|Charitable
activities||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|---|---|
|||||||funds|funds|2020|2019|
|||Staffcosts (see note|11)|||146,640|23,011|169,651|111,490|
|||Rent and rates||||32,254||32,254|30,110|
|||Insurance||||2,950||2,950|3,572|
|||Light and heat||||11,533||11,533|10,890|
|||Postage and telephone||||16,406||16,406|8,270|
|||Printing
and stationery||||4,036||4,036|4,930|
|||Sundries||||2,674||2,674|4,613|
|||Tools, haberdashery|purchases||& refurbishment|30,098||30,098|24,615|
|||Carriage and packaging||||4,004||4,004|7,567|
|||Vehicle fuel and servicing||||25,872||25,872|42,134|
|||Premises repairs and|renewals|||5,695||5,695|5,791|
|||Cleaning
and trade refuse||||3,829||3,829|6,564|
|||Scholar packs|||||17|17|370|
|||Overseas freight||||10,192|57,454|67,646|110,997|
|||Travelling||||5,422||5,422|5,895|
|||Legal and professional||charges||18,025||18,025|7,656|
|||Audit and accountancy||fees||9,650||9,650|6,168|
|||Health and safety||||8,403||8,403|3,897|
|||Depreciation||||12,268|16,145|28,413|25,642|
|||Bank charges||||3,460||3,460|2,696|
|||In country
development||costs||21,909||21,909|13,664|
|||||||375,320|96,627|471,947|437,531|
|||Forthe year ended 31||October|2019|318,297|119,234||437,531|
|9||Net gains on investments||||Unrestricted|Restricted|Total|Total|
|||||||funds|funds|2020|2019|
||||||||||9|
|||Gain on listed investments||||661||661|6,683|
|||For the year ended 31||October|2019|6,683|||6,683|
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|10|Net incoming/(outgoing)|resources|resources||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|---|
||||||funds|funds|2020|2019|
||||||||6|6|
||This is stated after charging:||||||||
||Depreciation||||12,672|16,145|28,817|25,642|
||Fees payable to the Charity's
auditors
for the
audit ofthe Charity's
financia! statements||||5,200||5,200|5,000|
|11|Staff costs||||Unrestricted|Restricted|Total|Total|
||||||funds|funds|2020|2019|
|||||||K||S|
||Wages and salaries||||126,475|21,135|147,610|100,654|
||Social security costs||||9,087|1,034|10,121|6,178|
||Pension costs||||8,801|842|9,643|4,648|
||Staff recruitment
costs|||||||10|
||Staff training||||2,277||2,277||
||||||146,640|23,011|169,651|111,490|
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||||Land and|Motor|Fixtures,|Total|
|---|---|---|---|---|---|---|
||||buildings|vehicles
&|fittings &||
|||||plant|equipment||
||Cost||||6|6|
||At 1 November 2019||331,111|63,074|45,654|439,839|
||Additions|||15,628|1,535|17,163|
||At 31 October 2020||331,111|78,702|47,189|457,002|
||Depreciation
and impairment||||||
||At 1 November 2019||81,828|51,380|20,526|153,734|
||Depreciation
charged|in the year|6,622|14,814|6,976|28,412|
||At 31 October 2020||88,450|66,194|27,502|182,146|
||Carrying
amount||||||
||At 31 October 2020||242,661|12,508|19,687|274,856|
||At 31 October 2019||249,283|11,694|25,129|286,106|
|14|Investments||||2020|2019|
||CCLA Pooled Investment|Funds|||18,376|57,715|
||Value as at 1 November 2019|||||57,715|
||Disposals|||||(40,000)|
||Change
in market value|||||661|
||Value as at 31 October 2020|||||18,376|
||Historical cost|||||10,000|
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|ebtors: amou|nts
|falling due within one year|||
|---|---|---|---|---|
||||2020|2019|
|Gift aid|||7,464|7,792|
|Prepayments|and accrued income||19,903|16,553|
||||27,367|24,345|
|reditors: amounts||falling due within one year|||
||||2020|2019|
|Taxation and social security|||3,351|2,244|
|Other creditors|||7,584|1,744|
|Accruals|||12,547|12,857|
|Deferred freight income|||78,975|66,097|
||||102,457|82,942|
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|||Balance at 1|Released to|Deposits|Balance at 31Oct|
|---|---|---|---|---|---|
|||Nov 2019|income|received|2020|
|||6|6|||
|Charitable|activities|66,096|(57,454)|70,333|78,975|
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|FO|R THE Y|E|AR EN|DED 31 OCT|OBER 2020||||
|---|---|---|---|---|---|---|---|---|
|18|Movement|in|funds||||||
|||||At 1|Incoming|Outgoing|Transfers|At 31|
|||||November|resources|resources||October|
|||||2019||||2020|
||Unrestricted||funds||||||
||General fund|||499,293|471,866|~474,948||556,171|
||Restricted funds||||||||
||Overseas freight||||57,454|(57,454)|||
||Van appeal|||20,230|29,876|(14,814)||35,292|
||Boiler|||5,330||(1,331)||3,999|
||Scholarship|packs||496|557|(17)||1,036|
||Furlough
income||||12,511|(12,511)|||
||Sheldon appeal||||35,238|10,500||24,738|
|||||26,056|135,636|(96,627)||65,065|
||Totalfunds|||525,309|607,502|(511,575)||621,236|
|||||At 1|Incoming|Outgoing|Transfers|At 31|
|||||November|resources|resources||October|
|||||2018||||2019|
||Unrestricted||funds||||||
||General fund|||450,696|399,004|(350,447)||499,253|
||Restricted|funds|||||||
||Overseas freight||||105,843|(105,843)|||
||Van appeal|||31,818|100|(11,688)||20,230|
||Boiler
Scholarship||packs||6,663
866|(1,333)
~376||5,330
496|
|||||31,818|113,472|(119,234)||26,056|
||Total Funds|||482,514|512,476|(469,681)||525,309|
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|Analysis of net assets between funds|||||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total|
|Fund balances at 31 October 2020 are represented|by:||||
|Tangible fixed assets||258,351|16,505|274,856|
|Fixed asset investments||18,376||18,376|
|Current assets/(liabilities)||279,445|48,559|328,004|
|||556,172|65,064|621,236|
|Fund balances at 31 October 2019are represented|by:||||
|Tangible assets||269,082|17,024|286,106|
|Fixed asset investments||57,715||57,715|
|Current assets/(liabilities)||172,456|9,032|181,488|
|||499,253|26,056|525,309|
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|At the reporting
date the charity has commitments
for fut
operating
leases, which fall due as follows:|ure
minimum
lease payments
under non-|cancellable|
|---|---|---|
||2020|2019|
|Within one year|6,750|11,805|
|Between two and five years|||
||6,750|11,805|
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||||||2020|2019|
|---|---|---|---|---|---|---|
|Surplus/(Deficit)
for the year|||||95,927|42,796|
|A~d'
t|t
f||||||
|Investment|income recognised
in statement||offinancial|activities|(266)|(203)|
|Fair value|gains and (losses) on investments||||(661)|(6,683)|
|Depreciation
and impairment
oftangible||fixed assets|||28,412|25,642|
|Movements|in workin
ca ital:||||||
|(Increase)|/ decrease in debtors||||(3,021)|(4,540)|
|Increase
/|(decrease)
in creditors||||19,515|(7,146)|
|Cash generated
from operations|||||139,906|49,866|