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|---|---|---|---|
|Trustee's<br>report||||
|Independent<br>Examiner's||Report to the members||
|Statement<br>offinancial|activities|||
|Balance sheet||||
|Notes to the financial|statements|||





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|||Notes|2020|2019|
|---|---|---|---|---|
|Grants and Donations|||213,585|271,363|
|Administrative<br>expenses|||(264,232)|(285,802)|
|Other operating<br>income (WMRC JRS Grant)|||66,443||
|Operating<br>profit/(loss)|||15,796|(14,439)|
|Interest payable|||(15,681)|(18,393)|
|Surplus/(deficit)<br>on ordinary|activities before|taxation|115|(32,832)|
|Tax on profit/(loss)<br>on ordinary|activities||||
|Surplus/(deficit)<br>for the financial year||||(32,832)|





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|Balance Sheet<br>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<br>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<br>funds||||452,826||452,711|





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|Operating<br>profit|2020|2019f|
|---|---|---|
|This is stated after charging:|||
|Depreciation<br>ofowned fixed assets|21,503|21,283|
|Interest payable|2020|2019|
|Interest payable|15,681|18,393|



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|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|





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|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|





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||2020|2019|
|---|---|---|
|Grants and Donations|213,585|271,363|
|Administrative<br>expenses|(264,232)|(285,802)|
|Other operating<br>income|66,443||
|Operating<br>surplus/(deficit)|15,796|(14,439)|
|Interest payable|(15,681)|(18,393)|
|Surplus/(deficit)<br>before tax|115|32,832|