##
||Contents||
|---|---|---|
|Company
Information|||
|Directors'
Report|||
|Accountants'
Report|||
|Profit and Loss Account and Statement ofRetained|Earnings||
|Balance Sheet|||
|Notes to the Financial Statements||6to 10|
|Detailed
Profit and Loss Account||11to 13|
|||Front Line Emergency|Front Line Emergency|Equipment|Trust Limited|
|---|---|---|---|---|---|
||||Company|Information||
|Directors||Mr C E Buchanan||||
|||Dr R G Taylor||||
|||Mr A G Brown||||
|||Mr D A Pettigrew||||
|||Mr K D Bignell||||
|||Ms H A Pitts||||
|||Dr A MacDonald||||
|||Mr C A Brown||||
|||Dr M SStead||||
|||Mr CA Martin||||
|Company secretary||Mr C A Martin||||
|Registered office||Alexander
&Co Schooners Business Park||||
|||Bess Park Road||||
|||Wadebridge||||
|||Cornwall||||
|||PL27 6HB||||
|Registered|number|05260864 (England|&Wales)|||
|Accountants||Alexander
& Co||||
|||AAT Licenced Accountant||||
|||Schooners Business Park||||
|||Bess Park Road||||
|||Wadebridge||||
|||Cornwall||||
|||PL27 6HB||||
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|||||2021|2020|
|---|---|---|---|---|---|
||||Note|f|f|
|Turnover||||119,852|155,060|
|Administrative|expenses|||(134,020)|(135,785)|
|Other operating|income|||5,400|10,000|
|Operating
(deficit)/surplus||||(8,768)|29,275|
|Other interest|receivable|and similar income||||
|(Deficit)/surplus|before tax|||(8,762)|29,275|
|(Deficit)/surplus|for the financial year|||(8,762)|29,275|
|Retained
earnings
brought||forward||52,093|22,818|
|Retained
earnings
carried||forward||43,331|52,093|
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|1
General information|||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|The company
is a company
limited|by guarantee,|||incorporated|||in England||||ik|Wales, and|||consequently||||does not have|||||share|
|capital.|||||||||||||||||||||||||
|The address of its registered
office|is:||||||||||||||||||||||||
|Alexander
g. Co Schooners Business|Park||||||||||||||||||||||||
|Bess Park Road|||||||||||||||||||||||||
|Wad ebridge|||||||||||||||||||||||||
|Corn wall|||||||||||||||||||||||||
|PL27 6HB|||||||||||||||||||||||||
|United
Kingdom|||||||||||||||||||||||||
|These financial statements
were authorised
for issue by|||||C
the Board on ...........|||||||.'~~|||||||||||||
|2
Accounting
policies|||||||||||||||||||||||||
|Summary ofsignificant
accounting|policies and key accounting||||||estimates||||||||||||||||||
|The principal
accounting
policies applied|||in the preparation|||of|these financial||||||statements|||are set out|||below. These||||policies||
|have been consistently
applied to all the||years presented,||||unless otherwise|||||stated.||||||||||||||
|Statement ofcompliance|||||||||||||||||||||||||
|These financial
statements
have been||prepared||in accordance
with|||||Financial|||||Reporting||Standard|||102||Section|1A||- 'The|
|Financial
Reporting
Standard
applicable||in|the UK|and Republic|||of Ireland'||||and||the Companies
Act 2006.||||||||||||
|Basis ofpreparation|||||||||||||||||||||||||
|These
financial
statements
have|been|prepared||using|the||historical|||cost||convention||||except that||||as|disclosed|||in the|
|accounting
policies certain items are shown at fair value.|||||||||||||||||||||||||
|Revenue recognition|||||||||||||||||||||||||
|Income represents
all income
received||from donations,|||Legacies,|||gift|aid||repayments||||and events|||held|||and arising|||in the|
|year. Income relating to events not|held|as deferred
and|||recognised|||as|and||when|||the event takes place.|||||||||||
|Tangible assets|||||||||||||||||||||||||
|Tangible
assets are stated
in the balance|||sheet|at cost,||less|any subsequent|||||||accumulated
depreciation|||||||and subsequent||||
|accumulated
impairment
losses.|||||||||||||||||||||||||
|The cost oftangible assets includes|directly attributable||||incremental|||costs|||incurred
in their|||||acquisition|||and installation.||||||
|Depreciation|||||||||||||||||||||||||
|Depreciation
is charged
so as to write offthe cost of assets, other||||||||than||land||and properties
under||||||construction||||over their|||
|estimated
useful lives, as follows:|||||||||||||||||||||||||
|Asset class||||||||||||Depreciation||||method||and||rate|||||
|Plant &machinery||||||||||||25% Reducing||||balance|||||||||
|Computer
equipment||||||||||||259o Reducing||||balance|||||||||
|Public benefit|||||||||||||||||||||||||
|Front Line Emergency
Equipment
Trust Limited
is||||a public benefit entity|||||(PBE).||||||||||||||||
|Cash and cash equivalents|||||||||||||||||||||||||
|Cash and cash equivalents
comprise cash|||on hand|and call||deposits,||and||other|||short-term|||highly|liquid||investments||||that are||
|readily convertible to a known amount of|||cash and are subject||||to an insignificant|||||||risk ofchange|||in value.||||||||
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||||Land and|Plant and|Office||
|---|---|---|---|---|---|---|
||||buildings
f|machineryf|equipment
f|Total
f|
|Cost or valuation|||||||
|At 1January 2021|||2,883|2,436|6,151|11,470|
|Disposals|||(2,883)||(6,071)|(8,954)|
|At 31December 2021||||2,436|80|2,516|
|Depreciation|||||||
|At 1January 2021|||2,307|1,365|6,100|9,772|
|Charge for the year||||268|6|274|
|Eliminated
on disposal|||(2,307)||(6,045)|(8,352)|
|At 31December 2021||||1,633|61|1,694|
|Carrying amount|||||||
|At 31December 2021||||803|19|822|
|At 31December 2020|||576|1,071|51|1,698|
|7
Debtors|||||||
||||||2021|2020|
||||||f|f|
|Trade debtors|||||1,077|2,251|
|Prepayments|||||1,144||
|Other debtors|||||1,750||
||||||3,971|2,251|
|8
Creditors|||||||
|Creditors: amounts|falling due within one year||||||
||||||2021|2020|
||||||f|f|
|Due within one year|||||||
|Trade creditors||||||1,655|
|Accruals and deferred||income|||3,273|1,063|
|Other creditors||||||(1)|
||||||3,273|2,717|
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|||||||2021|2020|
|---|---|---|---|---|---|---|---|
|||||||f|f|
|Turnover
(analysed
below)||||||119,852|155,060|
|Other operating
income (analysed||below)||||5,400|10,000|
|Depreciation
and amortisation|expense||(analysed|below)||(275)|(953)|
|Other expenses
(analysed
below)||||||(133,719)|(134,832)|
|Other losses (analysed
below)||||||(26)||
|Operating
(deficit)/surplus||||||(8,768)|29,275|
|Other interest receivable
and|similar income (analysed||||below)|6||
|(Deficit)/surplus
before tax||||||(8,762)|29,275|
##
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||||||||2021|2020|
|---|---|---|---|---|---|---|---|---|
||||||||E|E|
|Turnover|||||||||
|Gift aid|||||||570|624|
|Donations
and legacies|||||||68,773|88,997|
|Cycle rides|||||||3,550||
|London marathon|||||||24,959|2,000|
|Equipment
sales|||||||22,000|63,439|
||||||||119,852|155,060|
|Other operating
income
Government
grants receivable|||||||5,400|10,000|
|Depreciation
and||amortisation||||expense|||
|Depreciation
offreehold|||||property|||(576)|
|Plant &Machinery|||Depn||||(268)|(358)|
|Computer
Equipment||||Depn|||(7)|(19)|
||||||||(275)|(953)|
|Other expenses|||||||||
|Workshop
rent|||||||5,100|5,775|
|Rates and water|||||||169||
|Light &heat|||||||232|723|
|Insurance|||||||869|907|
|Ambulance
&medical||||equipment|||104,853|100,674|
|Repairs &renewals|||||||1,753|669|
|Cycle rides|||||||547||
|London marathon|||expenses||||1,715|11,628|
|Telephone||||||||125|
|Administration|expenses||||||1,282|120|
|Computer
costs||||||||82|
|PPS|||||||21|628|
|Fleet equipment|||||||3,449||
|Training courses|||||||8,907|5,530|
|Sundry|||||||548|88|
|Donation
handling|||fees||||1,729|368|
|Motor expenses|||||||706|4,783|
|Royal Cornwall|Showground|||||||276|
|Advertising||||||||282|
|Promotional
items|||||||317|647|
|Accountancy|||||||1,242|1,070|
|Professional
Fees||||||||240|
|Bank charges|||||||280|217|
||||||||133,719|134,832|
##
##
|mber 2021||
|---|---|
|2021|2020|
|f||