2020-07-31-accounts - Sunderland Women's Centre

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		Fo	r the Year ende	d 31stJuly 2020
			Unrestricted	Restricted	Total	Total
			Funds	Funds	Funds	Funds
			2020	2020	2020	2019
		Notes	5	6	5	6
Incoming Resources
Donations			782		782	1,314
Grants				86,794	86,794	46,667
Income generated	from Activities		6,885	52,537	59,422	91,363
Interest Received			600		600	792
Other Income			0		0	287
Total Incoming	Resources		8,267	139,331	147,598	140423
Resources Expended
Direct Costs				40,255	40,255	39,811
Stafling Costs			3,955	57,683	61,638	60,315
Administration			4,606	18,408	23,014	23,064
Total Resources	Expended		8,561	116,346	124,907	123,190
Net Incoming Resources				~22 985	22,691	~17233
Transfer between	Funds
Total Funds Brought Forward			135,996	24,080	160,076	142,843
Total Funds Gamed Forward			135,702	47,065	~182 767	160,076

1)Accounting Policies	1)Accounting Policies
The principal accounting policies are summarised below,		The accounting policies have been applied
consistently	throughout the year and in the preceding year.
a)	Basis ofaccounting
	The financial statements have been prepared	under the historical cost convention	in	accordance
	with the Companies Act 2006 and the Statement of Recommended Practice: Accounting				and Reporting
	by"Charities issued in March 2005.
b)	Fund Accounting
	Unrestricted funds are available for use at the	discretion ofthe trustees in furtherance		of	the general
	objectives ofthe charity
	Restricted Funds are subjected to restrictions	on their expenditure imposed by the	donor.
c)	Incoming Resources
	All incoming resources are included in the statement offinancial activities when the charity is
	entitled to the income and the amount can be	quantified with reasonable accuracy.	The following
	specific policies are applied to particular categories ofincome:
	Voluntary income is received by way ofgrants, donations and gifts and		is	included
	in full in the Statement of Financial	Activities when receivable. Grants, where
	entitlement is conditional on the delivery of a specific performance by the			charity
	are recognised where the charity becomes unconditionally entitled to the			grant.
	The value of the services provided	by the volunteers are accounted for	when		earned.
	Incoming resources from activities	are accounted for when earned.
d)	Resources Expended
	Expenditure is recognised on an accrual basis	as a liability is incurred. Expenditure	includes
	any VAT which cannot be fully recovered, and	is reported as part ofthe expenditure		to which
	it relates.
	Expenditure comprises ofthose costs incurred	by the charity in the delivery of its activities
	and services for its beneficiaries. It includes both costs that can be allocated directly
	to such activities and those costs ofan indirect nature necessary to support them.
e)	Fixed Assets
	Fixed assets are stated at cost less accumulated depreciation. Depreciation is provided
	at rates calculated to write off the cost ofeach asset over its expected useful life.
	Office and Training Equipment	25% reducing balance
	Furniture, Fixtures & Fittings	15%reducing balance

Grants				Unrestricted	Unrestricted	Restricted	Total	Total
							2020	2019
Community Foundation						9,966	9,966	9,603
Prime Fund						0	0	4,844
"jtelFeTFurid						0	0	9,200
The Benevolent	Fund					0		1,000
Coutts Albert Hunt Trust						0		2,000
Greggs Trust						0		1,000
Womens Centenial		Fund				0		3,663
Barbour Trust						0	0	2,500
Catherine Cookson		Trust				0	0	100
National LoNery	Community		Fund			0	0	9,603
SirJames Knott						4,000	4,000
Sir David Family						2,000	2,000
Shears Foundation						5,000	5,000
HMRC						27,828	27,828
Sunderland City	Council					10,000	10,000
Gargeld Weston						8,000	8,000
Bernicia Foundation Didymus						10,000 ~10000	10,000 ~10000	~3154
						86,794	86,794	46,667
Income Generated		from Activities
				Unrestricted		Restricted	Total	Total
							2020	2019
Sunderland College						52,537	52,537	81,639
Room Hire					4,900		4,900	5,695
Creche					1,985		1,985	3,700
Other Income					0		0	329
				~6885		~52 537	~59422	91,363
The Adult Education		and College		income is now being		treat as restricted	due to the dearly defined restricted
requriments that	are needed		to justify		this income.
Other Income				Unrestricted		Restricted	2020	2019
Vending Machine								287

Direct Costs							2020	2019
Creche Workers							23,736	23,942
Tutors							16,519	15,869
							40,255	39,811
Staff Costs
No employee earned		more	than	F60,000 durin the year			61,638	60,315
Average no. ofemployees			(induding		those in direct costs)
Administration							Total	Total
				Unrestricted		Restricted	2020	2019
Accountancy					580		580	530
Cleaning, Health	&Safety					240	240	197
Coffee / Water Machine					36		36
Companies House					13		13
Depreciation					904		904	1,179
Insurance						1,215	1,215	971
Light and Heat						1,138	1,138	1,103
Printing &Postage					928		928	1,044
Rates / Water					1,121		1,121	1,026
Rent						14,969	14,969	14,649
Repairs &Renewals					330		330	163
Travel							0
Telephone / Internet							446	447
Health Insurance					484		484	757
Subscriptions/Prof	Fees				155	200	355	784
Volunteer and Travel		Expenses			55	200	255	214
					4,606	18,408	23,014	23,064

Tangible	Fixed Assets
		Office &		Furniture
		Training		Fixtures &
		~Eui	ment	~Fittin s	Total
Cost
As at 1st	August 2019	24,945		21,322	46,267
Additions					0
Disposals					0
As at 31stJuly 2020		24,945		21,322	46,267
Depreciation
As at 1st	August 2019	21,974		20,252	42,226
Charge forYear			743	161	904
Elimated	on Disposal				0
As at 31stJuly2020		22,717		20,413	43,130
NBV as at 31stJuly 2020			2,228	909	3,137
NBV as at 31stJuly 2019			2,971	1,070	4,041
Debtors				2020	2019
Debtors				12000	29,328
Prepayments				4796	4,781
				16796	34 109
Creditors				2020	2019
Paya I Nl					959
Other Accruals				580	540
				580	1,499

Analysts	ofNet Assets between	Funds
		General	Restricted	Total
		Funds	Funds
Tangible	Rxed Assets	3,137		3,137
Current	Assets	133,145	47,065	180,210
Current	Uabfilfies	(580)		(580)
		135,702	47,065	182,767

Movement of Funds
			As at		Incoming	Outgoing		As st
			1stAU9ust		Resources	Resources	Transfers	31stJuly
			2019					2020
Kefiet Fund			9200		0	(6,200)		3,0DO
Sherbum House			1,614		0	(1,614)		0
Womens Centenary	Fund		3,663		0	(2,442)		1,221
The Nabonal Lottery	Community	I	9,603		0	(6,403)		3.200
SirJames Knott					4,000	(4,000)		0
Sir David Famfiy					2,000	(2,000)		0
Shears Foundabon					5,000	0		5,000
HMRC					27,828	(27,828)		0
Sunderland City Council					10,0DO	(10,000)		0
Garfield Weston					8,0DO			8.000
CDCF					9,966	(3,322)		6.644
eemicia Foundaton					10,000			10.000
Ddymus					10,000			10.000
College					52.537	~52.537		0
Total Restrfcted			24.080		139,331	(116,346)		47.065
								0
Unrestricted Funds								0
Designated Funds			86,096				1,500	87.596
General Funds (Capital			4,041				(904)	3,137
General Funds(Revenue)			45,859		8,267	(8,561)	(596)	44,969
General Funds			135.996		8.267	~8.561		0 135.702
Total Funds			I60.076		147.598	~124.907		182.767
Transfer of Funds to	Designated	represents		the increase	in provision for redundancy