| Page | |||
|---|---|---|---|
| Trustee's report |
|||
| Independent Examiner's |
Report to the members | ||
| Statement offinancial |
activities | ||
| Balance sheet | |||
| Notes to the financial | statements |
| Notes | 2020 | 2019 | ||
|---|---|---|---|---|
| Grants and Donations | 213,585 | 271,363 | ||
| Administrative expenses |
(264,232) | (285,802) | ||
| Other operating income (WMRC JRS Grant) |
66,443 | |||
| Operating profit/(loss) |
15,796 | (14,439) | ||
| Interest payable | (15,681) | (18,393) | ||
| Surplus/(deficit) on ordinary |
activities before | taxation | 115 | (32,832) |
| Tax on profit/(loss) on ordinary |
activities | |||
| Surplus/(deficit) for the financial year |
(32,832) |
| Balance Sheet as at 31 December |
2020 | |||||
|---|---|---|---|---|---|---|
| Notes | 2020 | 2019 | ||||
| Fixed assets | ||||||
| Tangible assets | 872,323 | 892,720 | ||||
| Current assets | ||||||
| Debtors | 21,830 | 21,875 | ||||
| Cash at bank and in hand |
36,549 | 32,208 | ||||
| 58,379 | 54,083 | |||||
| Creditors: Wages & | Salaries | (1,470) | (11,364) | |||
| Net current assets | 56,909 | 42,719 | ||||
| Total assets less current | ||||||
| liabilities | 929,232 | 935,439 | ||||
| Creditors: amounts | falling due | |||||
| after more than one | year | (476,406) | (482,728) | |||
| Net assets | 452,826 | 452,711 | ||||
| Capital and reserves | ||||||
| Total Funds Account | 452,826 | 452,711 | ||||
| Shareholder's funds |
452,826 | 452,711 |
| Operating profit |
2020 | 2019f |
|---|---|---|
| This is stated after charging: | ||
| Depreciation ofowned fixed assets |
21,503 | 21,283 |
| Interest payable | 2020 | 2019 |
| Interest payable | 15,681 | 18,393 |
| Tangible fixed assets | |||
|---|---|---|---|
| Plant and | |||
| Land and | machinery | ||
| buildings | etc | Total | |
| Cost | |||
| At 1 January 2020 | 1,055,099 | 81,601 | 1,136,700 |
| Additions | 1,106 | 1,106 | |
| At 31 December 2020 | 1,055,099 | 82,707 | 1,137,806 |
| Depreciation | |||
| At 1 January 2020 | 162,947 | 81,033 | 243,980 |
| Charge for the year | 21,092 | 411 | 21,503 |
| At 31 December 2020 | 184,039 | 81,444 | 265,483 |
| Net book value | |||
| At 31 December 2020 | 871,060 | 1,263 | 872,323 |
| At 31 December 2019 | 892,152 | 568 | 892,720 |
| 5 | Debtors | 2020 | 2019 | ||
|---|---|---|---|---|---|
| F | |||||
| Trade debtors | 21,830 | 21,875 | |||
| 6 | Creditors: amounts | falling due after one year | 2020 | 2019 | |
| Bank loans | 476,406 | 482,728 | |||
| 7 | Total Funds Account | 2020 | 2019 | ||
| At 1 January 2020 | 452,711 | 485,543 | |||
| Surplus/(deficit) | for the year | 115 | (32,832) | ||
| At 31 December | 2020 | 452,826 | 452,711 |
| 2020 | 2019 | |
|---|---|---|
| Grants and Donations | 213,585 | 271,363 |
| Administrative expenses |
(264,232) | (285,802) |
| Other operating income |
66,443 | |
| Operating surplus/(deficit) |
15,796 | (14,439) |
| Interest payable | (15,681) | (18,393) |
| Surplus/(deficit) before tax |
115 | 32,832 |