This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

PDF
Markdown

2021-03-31-accounts

Contents
Chair's Foreword
Charitable Objectives and Activities							4
Overall Aims
The delivery ofadvice The impact ofadvice Research and campaigning Public benefit and volunteering Performance and key achievements Breakthrough Programme Energy Advice Help to Claim Outreach and income maximisation Future Plans Fundraising strategy Rnancial Review Reserves policy Structure, Governance and Management. Reference/Administrative Information			,	I			5 6 6 7 8 9 9 11 12 13 13 14 15 17 18
Independent Examiner's Report to the Trustees ofNorth Warw'Ickshire.						.......,......-....19
Statement of financial activities (induding	an	Income		8r expenditure	account)		20
sahnce sheet
PrlfglP@f KOUAQAg PO)lCoeaS qeea'	eeeeeeee		~ ~ ~eeeowa'ao	~!I~e~ we 'e'euwoao'eaeepeeee		~eee, aoeeqe&eloeo
aoalle aola eli I«eoOooo,-:.Ola,:,—::, V; . 'C ., -.- ', O+g'I

n inc	o		me 8 ex	pend	iture a	ccoun	t}
							Total	Total
					Unrestricted	Restricted	funds	funds
					funds	funds	2021	2020
				Note	2021	2021
Income from:					E	f	f
Donations	8	legacies			5,000		5,000	8,369
							278,98
Charitable	Activities				170,649	108,340	9	213,625
Investments					83		83	361
							284,07
Total income					175,732	108,340	2	222,355
Expenditure		on:
Raising funds					18,000		18,000	18,000
							179,89
Charitable	Activities				66,364	113,529	3	1&4,733
							197,89
Total expenditure					84,364	113,529	3	202,733
Net income/(expenditure)					91,368	(5,189)	86,179	19,622
Transfers					(121)	121
Net movement			in funds		91,247	(5,068)	86,179	19,662
Reconciliation			offunds:
							303,36
Total funds	iwought forward				294+79	8,883	X	%3,740
Total funds	cwrried forward				385,726

Balance s	heet
		Notes	2021	2020
			f
Fixed Assets
Tangible assets			103,062	95,492
Current Assets
Debtors			23,202	39,659
Cash at bank and in	hand		302,801	200,034
			326,003	239,693
Current Liabilities
Creditors: amounts	falling due within one
year		7	(39,524) (31,823)
Net current assets			286,479	207,870
Net assets			389,541	303,362
Funds ofthe charity:
Restricted Funds			3,815	8,883
Unrestricted Funds
-general reserves			330,726	239,479
-designated funds			55,000	55,000
			385,726	294,479
Total charity funds			389541	303362

1.Income from	donations &legacies	donations &legacies
				2021	2020
				F	f
Unrestricted:
- Postcode Lottery					3,333
- 29 May Charitable Trust				5,000	5,000
- Other small donations and grants					36
				5,000	8,369
2.Income from	Charitable Activities
				2021	2020
				f	E
Unrestricted:
- Warwickshire	County Council			56,078	54,486
- North Warwickshire Borough Council				34,808	34,808
- Citizens Advice Bureau —Energy projects				24,949	21,124
- Warwickshire	County Council COVID support			35,000
- TSBVolunteer	project			2,400
-Job retention	scheme grant			3,767
- Other project	funding			13,647	23,448
				170,649	133,866
Restricted:
- Bedworth, Rugby &Nuneaton		CAB —Breakthrough	project	34,241	37,738
- Awards for All	-COVID support			10,000
- Warwickshire	County Council -	Councillor grants		2,470
- Money &Pension Service- Debt advice				20,450
- Western Power - Energy projects				1,517	18,695
- Help to Claim				25,490	23,326
- Coalfleld Investment Program				7,358
- Citizens Advice Bureau -ITproject				6,664
- Baron Davenport's Charity				150
				108,340	79,759
Total				278,989	213,625

			2021	2020
			Total	Totalf
Wages and salaries			173,821	173+56
Premises running	costs		3,954	4,950
Office costs			11,659	14,660
Sundries			737	877
Training			1,042	255
Motor and travel	expenses		523	4,600
Depreciation			4,801	2+91
Independent examiners fee			1,000	1,100
Other governance		costs	356	344
Total			197,893	202,733
			2021	2020
Costs ofraising funds comprise:			f
Allocation ofsalary		costs	18,000	18,000

		2021 2020
		E f
Salaries	and wages	161e849 161,596
National Pension	Insurance costs	. 8,879 9,264 3,093, .2,696
Tot r		'l73,821 ' 179@56, , ' „:

		Fixture,
		Fittings 8	Land 8
		Equipment f	buildings f	Total f
Cost
At beginning Additions	ofyear	79,541 12,371	101,161 - "'	180,702 12,371
At end ofyear		91,912	101,161	193,073
Depreciation
At beginning	ofyear	78,467	6,743	85,210
Charge for the year		2,778	2,023. .	4,801
At end ofyear		81,245	8,766	90,011
Net BookValue
At 31 March	2021	10,667	92395	103,062
At31March	2020	1,O74	94P18	95,452

			2021	2020
			E	f
Grants 8 donations	receivable		23,202	39,659
Prepayments
			23,202	35,659
7.Creditors: amounts		falling due within one year
			2021	2020
				f.
Taxation and social	security		3,446	2,565
Accruals			4,999	:1,$61
Deferred income			29,720	27,267
Other creditors			1.,359	530
			39/24	31,823,

At beginning ofyear Released to income in year Deferred in year			27,267 2,453:	-..c,	4i 'i ~ (
Aiend ofyear.	:,	;..	Q9,720	4u~,	b-~ t .~'.

					2021 Movement	2021 Movement	2021 Movement	ln	Funds
			Balance							Balanc
			at							e
			beginning						Transfer	at end
			ofyear f		Income f	Expenditure f			s E	ofyear f
Breakthrough	Project		6,365		34,241		(37,869)			2.737
Western Power			1,423		1,517		(2,852)			88
Help To Claim					25,490		(25,486)		(4)
Priscilla Gent				212						212
Coventry CAB	—Quality
ofLife Fund				883						883
CAB —(ITequipment)					6,664		(6,664)
Awards for All	COVID
support					10,000		(10,000)
Baron Davenport		Fund			150		(274)		124
WCC - Councillor		grant			2,470		(2,470)
Money LPension
Service —Debt	Advice				20,450		(20,451)
Coalfield Investment
Program					7,358		(7,463)			105)
Total			8,883		108,340	(113,529)			121	3,815
			2020	Movement ln		Funds
			Balance							Balanc
			at							e
			beginning						Transfer	at end
			ofyear E		Income f	Expenditure f			. s f	ofyear
Breakthrough	Project				37,738	-(31,373)				6,365
Nesteg} Power					18,695		(17,272)			1,423
Help To Claim					23,326		(23326)
Prlscia Gent				940			(728)
VKCCoundllor	grants		1,194				(1;194)
4eentry CAB	- Quality			883

		d funds	funds
		f	E	E
Fixed assets			95,492	95,492
Current	assets	8,883	230,810	239,810
Current	liabilities		(31,823)	(31,823)
Total funds		8,883	294,479	303,362

		Unrestricted	Restricted	Total
		funds	funds	funds
Income		2020	2020	2020
		E	E	E
Donations	8 legacies	8,369		8,369
Charitable	Activities	133,866	79,759	213,625
Investments				361
Total income

Forthe yea	r ended 31March	2021
	142,596	79,759
Expenditure
Costs ofraising funds	18,000		18,000
Charitable Activities	110,840	73,893	184,733
Total expenditure	128,840	73,893	202,733
Net income for year	13,756	5,866	19,622
Transfers between funds
Net movement in funds	13,756	5,866	19,622
Reconciliation offunds:
Total funds brought forward	280,723	3,017	283,740
Total funds carried forward	294,475	8,883	303,362