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|---|---|---|---|---|---|
|Reference and Administrative||Details||||
|Chairman's
Report||||||
|Report ofthe Trustees|||3|to|7|
|Independent
Examiner's|Report|||||
|Statement ofFinancial Activities||||||
|Balance Sheet||||10||
|Cash Plow Statement||||||
|Notes to the Cash Plow|Statement|||12||
|Notes to the Financial Statements|||13|to|19|
|Detailed Statement ofFinancial||Activities|20|to|21|
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|||||||2020|2019|
|---|---|---|---|---|---|---|---|
||||Unrestricted||Restricted|Total|Total|
||||fund|Designated|funds|funds|funds|
|||Notes||||||
|INCOME AND||||||||
|ENDOWMENTS FROM||||||||
|Donations
and legacies|||97,819|23,120|183,686|304,625|305,679|
|Charitable
activities||||||||
|Charitable
activities|||49,026||186,414|235,440|279,952|
|Other trading activities
Inveshnent
income|||45,358
2,021||23,000|68,358
2,021|66,144|
|Total|||194,224|23,120|393,100|610,444|651,775|
|EXPENDITURE ON||||||||
|Charitable
activities||||||||
|Charitable
activities|||224,839|25,651|376,031|626,521|756,042|
|NKT||||||||
|INCOME/(EXPENDITURE)|||(30,615)|(2,531)|17,069|(16,077)|(104,267)|
|RECONCILIATION|OF|||||||
|FUNDS||||||||
|Total funds brought|forward||1,022,984|216,948|331,669|1,571,601|1,675,868|
|TOTAL FUNDS CARRIED||||||||
|FORWARD|||992369|214,417|348,738|1,555 524|1 571,601|
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|||31DECE|MBER 2020||||
|---|---|---|---|---|---|---|
||||||2020|2019|
|||Unrestricted||Restricted|Total|Total|
|||fund|Designated|funds|funds|funds|
||Notes||||||
|FIXEDASSETS|||||||
|Tangible assets|1 l|151,513||285,000|436,513|439,013|
|CURRENT ASSETS|||||||
|Debtors|13|48,858|2,000|151|51,009|234,683|
|Cash at bank and in hand||836,907|212,417|67,058|I 116,382|997,286|
|||885,765|214,417|67,209|1,167,391|1,231,969|
|CREDITORS|||||||
|Amounts
falling due within one|||||||
|year|14|(44,909)||(3,471)|(48,380)|(99,381)|
|NET CURRENT ASSETS||840,856|214417|63,738|I 119,011|1,132,588|
|TOTAL ASSETSLESS|||||||
|CURRENT LIABILITIES||992,369|214,417|348,738|1,555,524|1,571,60j|
|NET ASSETS||992369|214417|348,738|1,555,524|1,571 601|
|FUNDS|15||||||
|Unrestiicted
funds|||||1,206,786|1,239,932|
|Restricted funds|||||348,738|331,669|
|TOTAI
FUNDS|||||I 555,524|1,571,601|
##
|||TRUST LIMITED|||
|---|---|---|---|---|
|||CASH FLOW STATEMENT|||
||FOR THE YEAR ENDED 31DECEMBER 2020||||
||||2020|2019|
|||Notes|||
|Cash flows from operating
activities
Cash generated
from operations|||117,075|931,711|
|Net cash provided
by operating
activities|||117075|931,711|
|Cash flows from investing|activities||||
|Purchase oftangible fixed assets||||(939)|
|Interest received|||2,021||
|Net cash provided
by/(used|in) investing|activities|2,021|~939)|
|Change
in cash and cash equivalents
the reporting
period||in|119,096|930,772|
|Cash and cash equivalents
beginning
ofthe reporting|at the
period||997286|66 5&4|
|Cash and cash equivalents
the reporting
period|at the end|of|1 116,382|997,286|
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|RECONCILIATION
OF NKT E
ACTIVITI
V&.S|XPENDITURE TO NET CASH FLOW|FROM OPERATI|NG|
|---|---|---|---|
|||2020|2019|
|Net expenditure
for the reporting|period (as per the Statement of|||
|Financial Activities)||(16,077)|(104,267)|
|Adjustments
for:
Depreciation
charges||2,500|2,499|
|Interest received||(2,021)||
|Decrease in debtors
(Decrease)/increase
in creditors||183,674
~5&,001)|1,020,725
12,754|
|Net cash provided
by operations||117075|931711|
|ANALYSIS OF CHANG KiS IN NEiTFUND|S|||
|---|---|---|---|
||At 1.1.20|Cash flow|At 31.12.20|
|Net cash||||
|Cash at bank and in hand|997,286|1]9,096|1,116,382|
||997,286|119,096|1 «6,382|
|Total|997,286|119,096|1,116,382|
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|ofdonations
wh|ofdonations
wh|en it is distributed
and an equivalent
amount recognise|en it is distributed
and an equivalent
amount recognise|d as charitable
expenditure.||
|---|---|---|---|---|---|
|DONATIONS||AND LEGACIES||||
|||||2020|2019|
|Donations||||38,010|25,772|
|Grants||||185,798|279,667|
|Commission|on|sales as donations||240|240|
|Covid-19 assistance grants||||80,577||
|||||304625|305,679|
|Grants received,||included|in the above, are as follows:|||
|||||2020|2019|
|Other grants||||185798|279,667|
##
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||FOR THE YEA|FOR THE YEA|FOR THE YEA|R EN|DED 31 DEC|EMBER 2020|||
|---|---|---|---|---|---|---|---|---|
|3.|OTHER TRADING ACTIVITK&S||||||||
||||||||2020|2019|
||Rents and services||||||59,541|39,438|
||Casual room hire||||||~8817|26,706|
||||||||68,358|66,144|
|4.|INVE&STMENT INCOME||||||||
||||||||2020|2019|
||Deposit account interest||||||2,021||
|5.|INCOME FROM CHARITABLE ACTIVITI||||V&.S||2020|2019|
||Childcare services||Activity
Charitable|activities|||235,440|279,952|
|6.|CHARITABLE ACTIVITIES COSTS||||||||
||||||||Support||
|||||||Direct|costs (see||
|||||||Costs|note 7)|Totals|
||Charitable
activities|||||625,591|930|626,52i|
|7.|SUPPORT COSTS||||||||
|||||||||Governance|
|||||||||costs|
||Charitable
activities|||||||930|
|8.|NET INCOME/(EXPENDITURE)||||||||
||Net income/(expenditure)|is|stated after charging/(crediting):||||||
||||||||2020|2019|
||Depreciation
-owned assets||||||~2500|2,499|
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|||||||2020|2019|
|---|---|---|---|---|---|---|---|
|Wages and salaries
Social security costs
Other pension costs||||||372,516
35,639
27 293|358,772
38,519
23,503|
|||||||435,448|420,794|
|The average Inonthly||number ofemployees|||during the year was as follows:|||
|||||||2020|2019|
|Etnployed
for|charitable||activities|||23|26|
|No employees|received||emoluments|in excess off60,000.||||
##
|TANGIBLE FIXEDASSETS|||||
|---|---|---|---|---|
||Freehold|Plant and|Computer||
||property|machinery|equipment|Totals|
|COST|||||
|At
1 January 2020 and 31 December 2020|716,076|6,992|26 291|749,359|
|DEPRECIATION|||||
|At
1 January 2020
Charge for year|281,126|6,992|22,228
2 500|310,346
2,500|
|At 31December 2020|201,126|6 992|24 720|312,846|
|NKT BOOK VALUE&|||||
|At 31December 2020|434,950||1,563|436 513|
|At 31 December 2019|434 950||4 063|439,013|
##
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|13.|DEBTORS:AMOUNTS FALLING DUK WITH IN O|NE YEAR|||
|---|---|---|---|---|
||||2020|2019|
||Trade debtors||34,277|3,758|
||Amounts
owed by group undertakings
Prepayments
and accnied income||8,000
8,732|217,000
13925|
||||51,009|234,683|
|14.|CREDITORS: AlYIOUNTS FALLING DUK WITHIN|ONE&. YEAR|||
||||2020|2019|
||Trade creditors||12,603|67,347|
||Social security and other taxes||4,388|5,456|
||Accruals and deferred income||31,389|26,578|
||||48,380|99,381|
##
|MOVEMENT IN|FUNDS||||
|---|---|---|---|---|
||||Net||
||||moveinent|At|
|||At 1.1,20|in funds|31.12.20|
|Unrestricted
funds|||||
|General fund||1,022,984|(30,615)|992,369|
|Food bank - Designated||1,11]|3,819|4,930|
|Core Legacy - Designated
Repairs fund - designated||205,837
10,000|(6,350)|199,487
10,000|
|||1,239,932|(33,146)|1,206,786|
|Restricted
funds|||||
|Young Carer's scheme
Three Fields Resident Ass||15,433
296|(3,287)|12,146
296|
|Coastal Communities||10,281||10,281|
|Safe Steps
Welcome Visistor||4,591
8,806|4,618|4,591
13,424|
|Quayside Project
NCC Communities
William Elder|Together|7,262
285 000|(7,262)
23,000|23,000
285000|
|||331,669|17,069|348 738|
|TOTAL FUNDS||1 571,601|~16077)|1,555,524|
##
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|Net movement
in funds, includ|ed
in the above are as|follows:|||
|---|---|---|---|---|
|||Incoming|Resources|Movement|
|||resources|expended|in funds|
|Unrestricted
funds|||||
|General fund||194,224|(224,839)|(30,615)|
|Food bank - Designated
Core Legacy - Designated||23,120|(19,301)
~6,350)|3,819
~6,350)|
|||217,344|(250,490)|(33,146)|
|Restricted
funds|||||
|Restricted - Childcare||266,184|(266,184)||
|Young Carer's scheme
Welcome Visitor||1,666
102,250|(4,953)
(97,632)|(3,287)
4,618|
|Quayside Project
NCC Communities
Together||23 000|(7,262)|(7,262)
23,000|
|||393,100|~376,031)|17,069|
|TOTAL FUNDS||610,444|~626,521)|~16,077)|
|Comparatives
for movement|in funds||||
||||Net||
||||movement|At|
|||At 1.1.19|in funds|31.12.19|
|||||f.|
|Unrestricted
funds|||||
|General fund||1,092,251|(69,267)|1,022,984|
|Food bank - Designated
Core Legacy - Designated
Repairs fund - designated||1,905
251,164
10,000|(794)
(45,327)|1,111
205,837
10,000|
|||1,355,320|(115,388)|1,239,932|
|Restricted
funds|||||
|Young Carei"s scheme
Three Fields Resident Ass||20,380
296|(4,947)|15,433
296|
|Coastal Communities||10,281||10,281|
|Safe Steps
Welcome Visitor||4,591|8,806|4,591
8,806|
|Quayside
Project
William Elder||285 000|7,262|7,262
285,000|
|||320 548|]1,121|331669|
|TOTAL FUNDS||1,67S,868|~104,267)|1 571601|
##
##
|Comparative
net movement
in funds, included|in the above are as follows:|||
|---|---|---|---|
||Incoming|Resources|Movement|
||resources|expended|in funds|
|Unrestricted
funds||||
|General fund|165,801|(235,068)|(69,267)|
|Food bank —Designated
Core Legacy - Designated|]0,136
3,000|(10,930)
(48,327)|(794)
~45,327)|
||178,937|(294,325)|(115,388)|
|Restricted
funds||||
|Resn icted - Childcare|261,500|(261,500)||
|Young Carer's scheme
Welcome Visitor|976
180,362|(5,923)
(171,556)|(4,947)
8,806|
|Quayside
Project|30,000|~22,738)|7,262|
||472 838|(461,717)|11,121|
|TOTAL FUNDS|651,775|~736,042)|(104267)|
##
##
##
||FORTHE YK&AR ENDED 31|DECEMBER 2020||
|---|---|---|---|
|||2020|2019|
|INCOME AND ENDOWMENTS||||
|Donations
and legacies
Donations||38,010|25,772|
|Grants||185,798|279,667|
|Commission
on sales as donations||240|240|
|Covid-19 assistance grants||80,577||
|||304,625|305,679|
|Other trading
activities
Rents and services||59,541|39,438|
|Casual room hire||8,817|26,706|
|||68,358|66,144|
|investment
income||||
|Deposit account interest||2,021||
|Charitable
activities||||
|Childcare services||235,440|279,952|
|Total incoming
resources||610,444|651,775|
|EXPENDITURK&||||
|Charitable
activities||||
|Wages
Social security
Pensions||372,516
35,639
27,293|358,772
38,519
23,503|
|Rent, rates and water
Insurance||18,087
4,472|17,253
7,436|
|Light and heat
Telephone
Postage and statione&y
Sundries||5,454
1,790
8,602
8,908|6,077
3,602
2,707
7,551|
|Equipment
repairs and
Computer
and ITcosts
StaffTraining
Travel costs|renewals|1,983
1,225
1,900
552|4,927
5,066
1,830
4,965|
|Promotional
activities||15,475|16,702|
|Management
costs
Professional
fees||28,344
53,051|36,833
105,325|
|Bank charges
Property repairs
Property
insurance
Donations made||506
15,851
2,105
15,281|658
5,323
2,782
102,782|
|C~ried forward||619,034|752,613|
##
||BKRWICI&-UPON-TWEED
COMMUNITX DEVELOPMENT
TRUST LIMITED|||
|---|---|---|---|
||DETAILED STATEMENT OF I'INANCIAL ACTIVITIES|||
||FOR THE XKAR ENDED 31DECEMBER 2020|||
|||2020|2019|
|Chai itable activities||||
|Brought fonvard||619,034|752,613|
|Feed-in-tariff payments||4,057||
|Computer
equipment||2,500|2,499|
|||625,591|755,112|
|Support costs||||
|Governance
costs||||
|Accountancy
and legal|fees|930|930|
|Total resources expended||626,521|756,042|
|Net expenditure||~16,077)|(t04,267)|