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||||IJnrestricted|Restricted|Total Funds|
|---|---|---|---|---|---|
|||Note|Funds|Funds|2020|
||||E|E|f|
|Incoming and endowments|from|||||
|Donations
and legacies|||184,125|16,678|200,803|
|Charitable
activities|||236,563|8,250|244,813|
|Investments|||33,669||33,669|
|Other trading
activities||||||
|Total Incoming Resources|||454,357|24,928|479,285|
|Expenditure
on||||||
|Raising funds|||48,860||48,860|
|Charitable
activities|||317,392|42,851|360,243|
|Total expenditure|||366,252|42,851|409,103|
|Net gains/(losses)
on investments||13|57,212||57,212|
|Net Income/(Expenditure)|for the Year||145,317|(17,923)|127,394|
|Transfer between
funds|||(13,716)|13,716||
|Net movement
in funds|||131,601|(4,207)|127,394|
|Fund balances brought forward||||||
|at 1January 2020|||1,465,889|387,212|1,853,101|
|Fund balances carried forward||||||
|at31December 2020|||1,597,490|383,005|1,980,495|
##
##
##
|||fo|r the year ended 31Decemb|er 2019|||
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Endowment|Total Funds|
||||Funds|Funds|Funds|2019|
||||E|f|E|E|
|Incoming and endowments|from||||||
|Donations
and legacies|||328,700|32,049||360,749|
|Charitable
activities|||158,345|10,750||169,095|
|Investments|||8,577|4,410||12,987|
|Other trading
activities|||2,740|||2,740|
|Total Incoming Resources|||498,362|47,209||545,571|
|Expenditure
on|||||||
|Raising funds|||61,852|||61,852|
|Charitable
activities|||409,878|75,298||485,176|
|Total expenditure|||471,730|75,298||547,028|
|Net gain on investments|||38,589|||38,589|
|Fair value gain on Investment||Property|58,021|||58,021|
|Net Income/(Expenditure)|for|t,he|||||
|Year|||123,242|{28,089}||95,153|
|Transfer between
funds|||14,800|132,200|(147,000)||
|Net movement
in funds|||138,042|1041111||95,153|
|Fund balances brought forward|||||||
|at 1January 2019|||1,327,847|283,101|147,000|1,757,948|
|Fund balances carried forward|||||||
|at 31December 2019|||1,465,889|387,212||1,853,101|
##
|||Notes|Charit:y|Charity|
|---|---|---|---|---|
||||2020|2019|
|FIxed Assets|||f||
|Tangible Assets||12|2,066|1,456|
|Investments||13|1,534,208|1,342,944|
||||1,536,274|1,344,400|
|Current Assets|||||
|Debtors||14|73,198|127,197|
|Short term deposits||15|19,766|121,516|
|Cash at bank and in|hand|15|449,199|339,033|
||||542,163|587,746|
|Creditors: Amounts|falling due||||
|within one year||16|97,942|79,045|
|Net Current Assets|||444,221|508,701|
|Total assets less current liabilities|||1,980,495|1,853,101|
|Net Assets|||1,980,495|1,853,101|
|Funds|||||
|Unrestricted||19|1,597,490|1,465,889|
|Restricted||20|383,005|387,212|
|Total Funds|||1,980,495|1,853,101|
##
||||||Notes|2020|2019|
|---|---|---|---|---|---|---|---|
|||||||E|E|
|Cash flows from operating|activities|||||||
|Net income for the reporting
period as per|||statement|offinancial||||
|activities||||||127,394|95,153|
|Adjustment
for:||||||||
|Depreciation
charges|||||12|995|10,940|
|(Profit)/Loss
on disposal of|fixed assets|||||(57,212}|(96,610)|
|Dividends,
interest and rents from investments||||||(33,669}|(12,987)|
|(Increase)/decrease
in debtors||||||53,999|38,319|
|Increase/(decrease)
in creditors||||||18,897|(55,187)|
|Net cash provided
by/(used|in) operating||activities|||110,404|(20,372)|
|Cash flows from investing|activities:|||||||
|Dividends,
interest and rents from investments||||||33,669|12,987|
|Purchase of property,
plant|and equipment|||||(1,605)|(357)|
|Proceeds from sale offixed|assets||||||1,429,500|
|Proceeds from sale ofinvestments|||||13|7,848|29,062|
|Purchase ofinvestments|||||13|(141,900)|(1,250,070)|
|Net cash provided
by/(used|in) investing|activities||||(101,988)|221,122|
|Change
in cash and cash equivalents
in the||||||||
|reporting
period||||||8,416|200,750|
|Cash and cash equivalents|at the beginning||ofthe|||||
|the reporting
period||||||460,549|259,799|
|Cash and cash equivalents|at the end ofthe|||||||
|reporting
period|||||15|468,965|460,549|
##
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##
|||||Unrestricted|Restricted|Total Funds|Total Funds|
|---|---|---|---|---|---|---|---|
|Donations||and|legacies|Funds|Funds|2020|2019|
||||||f|f|f|
|Donations,||street collections, appeals||||||
|and grants||||103,136|16,678|119,814|206,824|
|Legacies||||80,989||80,989|153,925|
|Total donations|||and legacies|184,125|16,678|200,803|360,749|
|||||Unrestricted|Restricted|Total Funds|Total Funds|
|Charitable||Activities||Funds|Funds|2020|2019|
||||||f|f.|F|
|Membership||||69,589||69,589|62,629|
|Burnham|Holiday Home||||||368|
|Mezzanine||Floor Rent Income|||||6,613|
|Contribution||to|welfare, social activities|||||
|and Fellowship|||expenses|166,974|8,250|175,224|99,485|
|Total charitable|||activities|236,563|8,250|244,813|169,095|
|||||Unrestricted|Restricted|Total Funds|Total Funds|
|investment||Income||Funds|Funds|2020|2019|
|||||f|f|f||
|Dividends||||28,850||28,850|11,984|
|Bank Interest||||4,819||4,819|1,003|
|||||33,669||33,669|12,987|
##
##
||||||Unrestricted|Restricted|Total Funds|Total Funds|
|---|---|---|---|---|---|---|---|---|
|Expendit:ure
on raising||funds|||Funds|Funds|2020|2019|
||||||f||f|f|
|Allocated staff salaries||(note||10)|26,217||26,217|34,642|
|Investment
management|||costs||9,740||9,740|6,519|
|Costs ofgenerating|voluntary|||income|11,053||11,053|9,327|
|Trading expenditure|||||1,850||1,850|11,364|
||||||48,860||48,860|61,852|
||||||Unrestricted|Restricted|Total Funds|Total Funds|
|Expenditure
on charitable|||activities||Funds|Funds|2020|2019|
||||||f|f|f|f|
|Direct Costs|||||||||
|Socials, outings 5 holidays|||||37,572|16,379|53,951|122,551|
|Sundries
and other|grants||||9,374|6,441|15,815|27,507|
|Heating Grants||||||12,300|12,300|9,720|
|Expert 5Orthotics|Panel||||55||55|282|
|Bulletin and branch|newsletters||||50,243|7,731|57,974|59,869|
|Welfare Information|R.Education||||237||237|740|
|Mezzanine
Floor Costs||||||||3,145|
|Burnham
Holiday Home||||||||2,286|
||||||97,481|42,851|140,332|226,100|
|Support Costs|||||||||
|Allocated Staff salaries||(note||10)|130,620||130,620|115,156|
|Office costs|||||36,665||36,665|40,277|
|Telephone,
postage|g~|stationary|||5,599||5,599|9,392|
|Depreciation|||||995||995|10,941|
|Branch admin|||||492||492|2,238|
|Other staff costs|||||56||56|(372)|
|Insurance|||||5,080||5,080|6,266|
|Bank charges|||||2,998||2,998|2,867|
|ITCosts|||||8,552||8,552|8,751|
|Travel|||||407||407|1,012|
||||||191,464||191,464|196,528|
|Governance
Costs|||||||||
|Meetings
and travel|||||2,612||2,612|5,199|
|Legal and professional||fees|||15,582||15,582|9,805|
|Audit Fees|||||10,253||10,253|20,615|
|Property Sale Costs||||||||26,929|
||||||28,447||28,447|62,548|
||||||317,392|42,851|360,243|485,176|
##
||Raising|Charitable|Total Funds|Total Funds|
|---|---|---|---|---|
|Staff Costs|Funds|activities|2020|2019|
||f||f|f|
|Wages and salaries|23,289|118,599|141,888|133,920|
|Interim
CEO Costs||||410|
|Social security costs|2,340|7,556|9,896|10,075|
|Pension costs|588|4,465|5,053|5,393|
||26,217|130,620|156,837|149,798|
|No individual
earned
in excess off|No individual
earned
in excess off|No individual
earned
in excess off|60,000 p|er a|nnum
in|the|the|year (2019:non|e).||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|The average number ofemployees|||analysed|by|function|was||as follows:|||2020|2019|
|Charitable
services|||||||||||||
|Fundraising|||||||||||||
|Management
and administration|||||||||||||
|The key management
personnel||ofthe Charity|||compromise|||the Operations|Manager|and|the Finance S.Office|Manager. The|
|total employee
benefits of|the|key|management||personnel||ofthe charity were E82,526(2019:f90,209).||||||
|Net Income/(Expenditure)|||||||||||||
|Net Income/(Expenditure)|are stated after|||charging:|||||||2020|2019|
|Auditors'
remuneration:||||||||||||E|
|Audit fee||||||||||||20,615|
|Other financial services|||||||||||10,253||
|Depreciation|||||||||||995|10,941|
##
##
##
|||Fixtures, Fittings &||
|---|---|---|---|
|12|Tangible
Fixed Assets|Equipment|Total|
||Cost|f|f|
||At 1January 2020|27,830|27,830|
||Additions|1,605|1,605|
||Disposals|||
||At 31December 2020|29,435|29,435|
||Accumulated
Depreciation|||
||At 1January 2020|26,374|26,374|
||Depreciation
on disposals|||
||Charge for the year|995|995|
||At 31December 2020|27,369|27,369|
||Net BookValue|||
||At 31December 2020|2,066|2,066|
||At 31December 2020|1,456|1,456|
|Fixed Asset|Investments||2020|
|---|---|---|---|
||||f|
|Listed investments|||1,534,208|
||||1,534,208|
|Listed investments||||
|Investments|held in portfolio|||
|At 1January|2020||1,342,944|
|Additions|||141,900|
|Disposals|||(7,848)|
|Realised and|unrealised|gains|57,212|
|At 31December 2020|||1,534,208|
|The percentage|The percentage|invested|in each category is:||
|---|---|---|---|---|
|Alternatives||||14%|
|Cash||||1%|
|Fixed Income||||9%|
|UK Equity||||24%|
|Mixed Investments||||4%|
|International|Equity|||43%|
|Property||||5%|
|||||100/o|
|14|Debtors|||||
|---|---|---|---|---|---|
|||||2020|2019|
|||||f|f|
||Trade Debtors|||482|482|
||Prepayments|8 accrued income||68,710|114,925|
||Other debtors|||4,006|11,790|
|||||73,198|127,197|
|15|Components|ofcash and cash equivalents||||
|||||2020|2019|
|||||f|f|
||Interest bearing deposits|||19,766|121,516|
||Bank current|accounts||444,028|333,219|
||Cash|||5,171|5,814|
|||||468,965|460,549|
|16|Creditors: Amounts
falling due within one year|||||
|||||2020|2019|
|||||f|f|
||Trade creditors|||40,109|5,432|
||Accruals and deferred||income|49,831|70,935|
||Taxation and|social security||8,002|1,965|
||Other creditors||||713|
|||||97,942|79,045|
##
##
|||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|
|||||funds|funds|2020|2019|
|||||f|||f|
||Tangible
Fixed Assets|||2,066||2,066|1,456|
||Investments|||1,151,203|383,005|1,534,208|1,342,944|
||Current Assets|||73,198||73,198|127,197|
||Cash at bank|||468,965||468,965|460,549|
||Current
liabilities|||(97,942)||(97,942)|(79,045)|
|||||1,597,490|383,005|1,980,495|1,853,101|
||||||Accumulated|||
|18|Analysis of Movement||in Funds|Total|Fund|||
|||||f|f|||
||Unrestricted
Funds|||||||
||At 1January 2020|||1,465,889|1,465,889|||
||Operating
Surplus|||88,105|88,105|||
||Transfer|||(13,716)|(13,716)|||
||Investment
Revaluation|||||||
||Realised gains on|investments||57,212|57,212|||
||At 31December 2020|||1,597,490|1,597,490|||
||Restricted
Funds (Note||20)|||||
||At 1January 2020|||387,212|387,212|||
||Operating
Deficit|||(17,923)|(17,923)|||
||Transfer between|funds||13,716|13,716|||
||At 31December 2020|||383,005|383,005|||
||Roosevelt Endowment||Fund|||||
||Total Funds at 31|December 2019||1,853,101|1,853,101|||
||Total Funds at 31|December 2020||1,980,495|1,980,495|||
|||||||||Balance at|
|---|---|---|---|---|---|---|---|---|
|||||Balance at 1||||31|
|||||January|Movement|Resources||December|
|19|Unrestricted|Funds||2020|in Incoming|Outgoing|Transfers|2020|
|||||f|f|f|f|f|
||Designated|Funds|||||||
||Fixed Assets|||1,456|1,604|(994)||2,066|
||Pat Parker Games Fund||||3,000|||3,000|
||Loan unit investment||fund|1,165,667|12,000|(10,914)|42,996|1,209,749|
||Loan unit project fund|||5,429||||5,429|
|||||1,172,552|16,604|(11,908)|42,996|1,220,244|
||Other Unrestricted||Funds|293,337|437,753|(297,132)|(56,712)|377,246|
|||||1,465,889|454,357|(309,040)|(13,716)|1,597,490|
|||||||||Balance at|
|---|---|---|---|---|---|---|---|---|
|||||Balance at||||31|
|||||1January|Movement|Resources||December|
|20|Restricted
Funds|||2020
f|in Incoming
f|Outgoing
f|Transfers
f|2020
f|
||Ron Scudamore
Holiday||Fund|48,489||(4,005)|1,777|46,261|
||RegionalAreas
Trust|Funds||10,905|||399|11,304|
||Roosevelt Memorial|Fund||180,072||(4,165)|6,600|182,507|
||Other Restricted
Funds|||7,059|550|(527)|259|7,341|
||Donation towards
EPU||Costs|309||(324)|15||
||Metcalf Legacy|||103,869||(4,104)|3,806|103,571|
||Richard
Flint Award|Fund||22,603||(1,425)|828|22,006|
||Bulletin Appeal|||1,300|6,368|(7,731)|63||
||Indoor Games Trust|Funds|||8,250|(8,250)|||
||Watford
Borough Council|||1,000||(20)|37|1,017|
||Victoria Foundation|Fund||7,130|||(239)|6,891|
||Trust Fund for Heating||Grants|500|500|(1,025)|25||
||Winter Warmth
Appeal|||3,976|9,260|(11,275)|146|2,107|
|||||387,212|24,928|(42,851)|13,716|383,005|
##
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##
|||2020|2019|
|---|---|---|---|
|||Other|Other|
|||operating|operating|
|||f|f|
|In|less than 1year|2,475|12,015|
|In|2-5 years|3,712|6,186|
|In|more than 5 years|||
##