## **CLEVELAND POOLS TRUST** **ANNUAL REPORT AND FINANCIAL STATEMENTS** FOR THE YEAR ENDED 5 APRIL 2020 **CHARITY REG. NO. 1109433 COMPANY REG. NO 5354621** ## **ANNUAL REPORT AND FINANCIAL STATEMENTS** FOR THE YEAR ENDED 5 APRIL 2020 |**CONTENTS**
Trustees' Annual Report
Report of the Independent Examiner
Statement of financial activities
Statement of financial position
Notes to the financial statements|Page
2 - 6
7
8
9
10 - 19| |---|---| _**The Cleveland Pools** is the country’s only surviving Georgian lido_ _**,** first opened in 1815, hidden away in Bath, on the banks of the River Avon. Once a welcome respite from the heat of the city in the summer, Cleveland Pools was a firm favourite with locals and visitors alike until it closed in 1978._ _The Cleveland Pools Trust (CPT) is determined to bring these wonderful baths back to life again - once restored, Bath will be home to the world’s first naturally treated, heated, outdoor swimming pool._ **CHARITY REG. NO. 1109433 COMPANY REG. NO 5354621** 1 | P a g e ## **TRUSTEES' ANNUAL REPORT** ## FOR THE YEAR ENDED 5 APRIL 2020 The Trustees present their report together with financial statements for the year ended 5 April 2020. ## **REFERENCE AND ADMINISTRATIVE DETAILS** Directors and Trustees Paul Simons (Chair) Ann Dunlop Ina Harris Roger Houghton Mary Stacey Gareth Morley-Jones Alice Le Page Mike Dawson Since the year-end Jeff Hughes and Ronny Helvey have retired and Gareth Morley-Jones, Alice Le Page and Mike Dawson have been appointed. Registered Office Innivation House, Trim Street, Bath, BA1 1HE. Website www.clevelandpools.org.uk ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** **Governing Document -** the Trust is a charitable company limited by guarantee, incorporated on 7 February 2005, and registered as a charity on 11 May 2005. The affairs of the charitable company are governed by its Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association. Members guarantee to contribute an amount not exceeding £10 to the assets of the charitable company in the event of winding up. **Directors and Trustees** - the directors of the company are its trustees for the purpose of charity law and throughout this report are collectively referred to as the Trustees. The membership of the Board of Trustees during the year and at the year-end is listed above. **Risk Management Policy –** as part of the application to the National Lottery Heritage Fund (NLHF), a detailed risk register has been prepared detailing all the risks the project may face; systems and procedures are in place to mitigate those identified risks and minimise any potential impact on the charity should those risks materialise. The register is updated monthly by the Trust’s Project Manager and the Trustees review it during their regular monthly project board meetings. **Public Benefit-** the Trustees have reviewed the Charity Commission's guidance on the requirement to report on public benefit. They are satisfied that the work of the Trust, as described below, accords with its stated objects **CHARITY REG. NO. 1109433 COMPANY REG. NO 5354621** 2 | P a g e ## **TRUSTEES' ANNUAL REPORT** ## FOR THE YEAR ENDED 5 APRIL 2020 ## **STRUCTURE, GOVERNANCE AND MANAGEMENT contd** and provides tangible public benefit to an appropriate section of those who reside within the Trust's area of benefit; they believe that the criteria used to assess those who may benefit are not unreasonably restrictive. ## **VISION AND AIMS** To preserve for the benefit of the people of Bath and the nation, the historical, architectural and constructional heritage that may exist in and around Bath and North East Somerset in buildings (including any structure or erection, and any part of a building as so defined) of particular beauty or historical, architectural or constructional interest with particular reference to the Georgian bathing pools known as the Cleveland Pools. ## **ACHIEVEMENTS DURING THE YEAR** The Trust submitted a successful Stage 1 application to the HLF in March 2018 which was followed with a Stage 2 application which was successful in December 2018. This enabled the Trust to appoint three members of staff to manage the development and implementation of the project on its behalf. The professional design team members were re-engaged and the pre-commencement conditions to the Planning Permission, including a Construction Management Plan were determined in consultation with the local planning authority. The project’s capital programme for the restoration and upgrading of the pools was tendered to the construction market and bona fide tenders were received under a two-stage procedure. Beard Construction were appointed to undertake the agreed works. The Trust continued with its successful fund-raising campaign and recruited a number of active volunteers to assist with this task. Volunteers were also recruited to implement the Activity Plan including a community engagement programme of projects which continue to be well received and supported in the local community. The Trustees are immensely grateful to the National Lottery Heritage Fund (previously the HLF) for making the restoration of the Pools possible after many years of campaigning. **CHARITY REG. NO. 1109433 COMPANY REG. NO 5354621** 3 | P a g e ## **TRUSTEES' ANNUAL REPORT** FOR THE YEAR ENDED 5 APRIL 2020 ## **FINANCIAL REVIEW** **Overview -** In the year to 5 April 2020 the Trust has continued to fundraise and has successfully achieved the matched funding target agreed with the National Lottery Heritage Fund. The period saw a net increase in funds of just over £38,500 taking the total to £87,959 (2019: 49,443). This was achieved with an increase in total income to £356,632 (2019: £90,295), despite an increase in expenditure of 434% to £318,116 (2019: £73,311) as a consequence of uplifts in costs relating directly to the restoration project of £313,042 (2019: £71,922). The successes enjoyed in obtaining additional funding in 2020/21 will give the Trust the confidence the reserves will be sufficient when the main construction work commences on site and expenditure increases significantly. **Principal Funding Sources –** Aside from the income generated though fundraising activities, the vast majority of funding for the Trust comes by way of grants from the National Lottery Heritage Fund and Bath and North East Somerset Council. The continued support from both of these organisations has been widely appreciated by the entire team involved with the project. Establishing opportunities for a much wider range of funding sources for the future remains a key priority. **Reserves Policy –** The Trust has examined the requirements for reserves in light of the main risks to the organisation. It has established a policy whereby the unrestricted funds not committed or invested by the Trust should be made available for restricted expenditure, as and when required. Budgeted expenditure for 2020/21 is £270,000 and the reserves are needed to meet the working capital requirements for the Trust and the Trustees are confident that they will be able to continue current activities. **CHARITY REG. NO. 1109433 COMPANY REG. NO 5354621** 4 | P a g e ## **TRUSTEES' ANNUAL REPORT** ## FOR THE YEAR ENDED 5 APRIL 2020 ## **CURRENT STATUS** The onset of the covid-19 pandemic caused a delay to the start of the project in March 2020. Staff were retained and not furloughed. They have continued to work safely from home and have re-negotiated the funding packages to enable the project to proceed and to secure the successful outcome of this long-term community effort. Once the refurbishment of the Pools is completed it is the intention of the Trust to contract with a third party to actually operate the Pools, under a management agreement. The Trust has commenced discussions with Bath Recreation Ltd, a charity based in Bath, which is the Trust’s preferred operator, and this relationship continues to be developed. The Trust intends to complete the refurbishment programme during 2022 with the first full summer season of operation being in 2023. **CHARITY REG. NO. 1109433 COMPANY REG. NO 5354621** 5 | P a g e ## **TRUSTEES' ANNUAL REPORT** FOR THE YEAR ENDED 5 APRIL 2020 ## **STATEMENT OF TRUSTEE RESPONSIBILITIES** The trustees (who are also directors of Cleveland Pools Trust for the purposes of company law) are responsible for preparing the Trustees' Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for the year. In preparing these financial statements, the trustees are required to: select suitable accounting policies and then apply them consistently; observe the methods and principles in the Charities SORP; make judgements and estimates that are reasonable and prudent; state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation. The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. ## **SMALL COMPANY PROVISIONS** This report has been prepared in accordance with the special provisions for small companies under Section 415a of the Companies Act 2006. Approved by the Trustees on 10 May 2021 and signed on their behalf by: Gareth Morley-Jones - Trustee **CHARITY REG. NO. 1109433 COMPANY REG. NO 5354621** 6 | P a g e ## **INDEPENDENT EXAMINERS’ REPORT TO THE TRUSTEES OF THE CLEVELAND POOLS TRUST** I report to the charity trustees on my examination of the accounts of the Company for the year ended 5 April 2020. ## **Responsibilities and basis of report** As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act. ## **Independent examiner’s statement** I confirm that I am qualified to undertake the examination because I a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: 1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view which is not a matter considered as part of an independent examination; or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. ## **T R Case FCA BSc** Institute of Chartered Accountants in England and Wales Case Accounting Ltd 20 Goodwood Way Cepen Park South Chippenham Wiltshire SN14 0SY ## **CHARITY REG. NO. 1109433 COMPANY REG. NO 5354621** 7 | P a g e ## **STATEMENT OF FINANCIAL ACTIVITIES** FOR THE YEAR ENDED 5 APRIL 2020 |Income
**Income and endowments from:**
Donations and legacies
Charitable activities
Other trading activities
3
**Total income**
Expenditure
**Expenditure on:**
Raising funds
Charitable activities
Other
4
**Total expenditure**
**Net income/(expenditure)**
Transfers between funds
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**||**2020**(£)||**2019**(£)| |---|---|---|---|---| ||Unrestricted|Restricted|Total|Total| ||2,358
175,500
3,990|118,305
56,478
-|120,663
231,978
3,990|7,046
83,249
-| ||181,848|174,783|356,631|90,295| ||845
4,213
4,229|-
308,829
-|845
313,042
4,229|1,069
71,922
320| ||9,287|308,829|318,116|73,311| ||172,561|(134,046)|38,515|16,984| ||(134,046)|134,046|-|-| ||**38,515**|**-**|**38,515**|**16,984**| ||9,443|40,000|49,443|32,459| ||**47,958**|**40,000**|**87,958**|**49,443**| The above results relate wholly to continuing activities; there were no recognised gains or losses other than those included above. The Statement of Financial Activities also complies with the requirement to prepare an Income and Expenditure account contained in the Companies Act 2006. **CHARITY REG. NO. 1109433 COMPANY REG. NO 5354621** 8 | P a g e ## **STATEMENT OF FINANCIAL POSITION** ## AS AT 5 APRIL 2020 |**Fixed assets**
Tangible fixed assets
8
**Current assets**
Debtors
Cash at bank and in hand
9
11
Creditors: amounts falling due within one
year
10
**Net current assets/(liabilities)**
**Total assets less current liabilities**
Creditors: amounts falling due after one
year
10
**Total net assets/(liabilities)**
**Funds of the charity**
Restricted income funds
Unrestricted funds
**Total funds**||**2020**(£)||**2019**(£)| |---|---|---|---|---| ||Unrestricted|Restricted|Total|Total| ||-|2,539|2,539|-| ||-|2,539|2,539|-| ||-
48,288|39,855
66,073|39,855
114,361|599
50,644| ||48,288|105,928|154,216|51,243| ||330|68,447|68,777|1,800| ||47,958|40,020|85,439|49,443| ||47,958|40,020|87,978|49,443| ||-|20|20|-| ||**47,958**|**40,000**|**87,958**|**49,443**| ||-
47,958|40,000
-|40,000
47,958|40,000
9,443| ||**47,958**|**40,000**|**87,958**|**49,443**| For the year in question, the charitable company was entitled to exemption from an audit under section 477 of the Companies Act 2006.The members have not required the charitable company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Act. The trustees/directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These financial statements were approved by the Trustees on 10 May 2021 and were signed on their behalf by: Gareth Morley-Jones Trustee **CHARITY REG. NO. 1109433 COMPANY REG. NO 5354621** 9 | P a g e ## **NOTES TO THE FINANCIAL STATEMENTS** FOR THE YEAR ENDED 5 APRIL 2020 The accompanying accounting policies and notes form an integral part of these financial statements ## **1. BASIS OF PREPARATION** ## **1.1 Basis of accounting** The financial statements have been prepared under the historical cost convention in accordance with the Financial Reporting Standard for Smaller Entities, the Companies Act 2006, the Charities Act 2011 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities (SORP FRS102). The charity is a public entity as defined under FRS102. There are no material uncertainties affecting the ability of the charity to continue as a going concern. **Incoming resources** - all incoming resources are included in the statement of financial activities when the Trust is entitled to the income and the amount can be quantified with reasonable accuracy. Voluntary income is received by way of donations and gifts and is included in full in the statement of financial activities when receivable. **Resources expended** - Expenditure is recognised when a liability is incurred. Expenditure includes any VAT which cannot be fully recovered and is reported as part of the expenditure to which it relates. **Fund Accounting -** Restricted Funds are held to be used for specified purposes, as indicated by the donors. General Funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Trust. **Taxation -** The Trust is a registered charity and as such tax exemption applies to the income arising from and expended on charitable activities and to its investment income and gains. ## **2. ACCOUNTING POLICIES** ## **2.1 Income** **Recognition of income** - These are included in the Statement of Financial Activities (SoFA) when: - the charity becomes entitled to the resources; - it is more likely than not that the trustees will receive the resources; - the monetary value can be measured with sufficient reliability. **Offsetting** - There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by the FRS 102 SORP or FRS 102. **CHARITY REG. NO. 1109433 COMPANY REG. NO 5354621** 10 | P a g e ## **NOTES TO THE FINANCIAL STATEMENTS** ## FOR THE YEAR ENDED 5 APRIL 2020 **Grants and donations -** Grants and donations are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS102 SORP). **Legacies** - Legacies are included in the SOFA when receipt is probable, that is, when there has been grant of probate, the executors have established that there are sufficient assets in the estate and any conditions attached to the legacy are either within the control of the charity or have been met. **Government grants -** The charity has received government grants in the reporting period. **Tax reclaims on donations and gifts** - Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise. **Contractual income and performance related grants** - This is only included in the SoFA once the charity has provided the related goods or services or met the performance related conditions. **Donated goods -** Donated goods are measured at fair value (the amount for which the asset could be exchanged) unless impractical to do so. The cost of any stock of goods donated for distribution to beneficiaries is deemed to be the fair value of those gifts at the time of their receipt and they are recognised on receipt. In the reporting period in which the stocks are distributed, they are recognised as an expense at the carrying amount of the stocks at distribution. Donated goods for resale are measured at fair value on initial recognition, which is the expected proceeds from sale less the expected costs of sale, and recognised in 'Income from other trading activities' with the corresponding stock recognised in the balance sheet. On its sale the value of stock is charged against 'Income from other trading activities' and the proceeds from sale are also recognised as 'Income from other trading activities'. Goods donated for on-going use by the charity are recognised as tangible fixed assets and included in the SoFA as incoming resources when receivable. Gifts in kind for use by the charity are included in the SoFA as income from donations when receivable. **Donated services and facilities –** Donated services and facilities are included in the SoFA as income from donations when received at the value of the gift to the charity provided the value of the gift can be measured reliably. Donated services and facilities that are consumed immediately are recognised as income with an equivalent amount recognised as an expense under the appropriate heading in the SoFA. **Support costs –** The charity has incurred expenditure on support costs. **CHARITY REG. NO. 1109433 COMPANY REG. NO 5354621** 11 | P a g e ## **NOTES TO THE FINANCIAL STATEMENTS** ## FOR THE YEAR ENDED 5 APRIL 2020 **Volunteer help –** The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report. **Income from interest, royalties and dividends** – This is included in the accounts when receipt is probable and the amount receivable can be measure reliably. **Income from membership subscriptions** – Membership subscriptions received in the nature of a gift are recognised in Donations and Legacies. Membership subscriptions which gives a member the right to buy services or other benefits are recognised as income earned from the provision of goods and services as income from charitable activities. **Settlement of insurance claims** – Insurance claims are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other income in the SoFA. **Investment gains and losses –** This includes any realised or unrealised gains or losses on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year. ## **2.2 Expenditure and liabilities** **Liability recognition –** Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty. **Governance and support costs** – Support costs have been allocated between governance costs and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice. **Grants with performance conditions** – Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, eg allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage. – **Grants payable without performance conditions** Where the charity gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only recognised in the SoFA once the recipient of the grant has provided the specified service or output. – **Redundancy cost** The charity made no redundancy payments during the reporting period. **CHARITY REG. NO. 1109433 COMPANY REG. NO 5354621** 12 | P a g e ## **NOTES TO THE FINANCIAL STATEMENTS** ## FOR THE YEAR ENDED 5 APRIL 2020 **Deferred income** – No material item of deferred income has been included in the accounts. **Creditors** – The charity has creditors which are measured at settlement amounts less any trade discounts. **Provisions for liabilities** – A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date. **Basic financial instruments** – The charity accounts for basic financial instruments on initial recognition as per paragraph 10.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17 to 11.19, FRS102 SORP. ## **2.3 Assets** **Tangible fixed assets for use by charity** – These are capitalised if they can be used for more than one year and cost at least £250.00. They are valued at cost less accumulated depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |Freehold land and buildings|None| |---|---| |Other land and buildings|2% straight line| |Plant machinery and motor vehicles|3 years straight line| |Fixtures, fittings and equipment|3 years straight line| **Intangible fixed assets** – The charity has intangible fixed assets, that is, non-monetary assets that do not have physical substance but are identifiable and are controlled by the charity through custody or legal rights. **Heritage assets** – The charity has heritage assets, that is, non-monetary assets with historic, artistic, scientific, technological, geophysical or environmental qualities that are held and maintained principally for their contribution to knowledge and culture. **Investments** – Fixed asset investments in quoted shares, traded bonds and similar investments are valued at initially at cost and subsequently at fair value (their market value) at the year end. The same treatment is applied to unlisted investments unless fair value cannot be measured reliably in which case it is measured at cost less impairment. Investments held for resale or pending their sale and cash and cash equivalents with a maturity date of less than 1 year are treated as current asset investments. **CHARITY REG. NO. 1109433 COMPANY REG. NO 5354621** 13 | P a g e ## **NOTES TO THE FINANCIAL STATEMENTS** ## FOR THE YEAR ENDED 5 APRIL 2020 **Stocks and work in progress** – Stocks held for sale as part of non-charitable trade are measured at the lower or cost or net realisable value. Goods or services provided as part of a charitable activity are measured at net realisable value based on the service potential provided by items of stock. Work in progress is valued at cost less any foreseeable loss that is likely to occur on the contract. **Debtors** – Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received. **Current Asset Investments** – The charity has investments which it holds for resale or pending their sale and cash and cash equivalents with a maturity date less than one year. These include cash on deposit and cash equivalents with a maturity of loss than one year held for investment purposes rather than to meet short-term cash commitments as they fall due. They are valued at fair value except where they qualify as basic financial instruments. ## **3. ANALYSIS OF INCOME** |**Donations and legacies**
Donations and gifts
General grants provided by
government/other charities
**Charitable activities**
Fundraising
**Total income**||**2020**(£)||**2019**(£)| |---|---|---|---|---| ||Unrestricted|Restricted|Total|Total| ||2,358
175,500|116,105
234,178|118,463
234,178|7,046
83,249| ||177,858|174,783|352,641|90,295| ||3,990|-|3,990|-| ||3,990|-|3,990|-| ||**181,848**|**174,783**|**356,631**|**90,295**| **CHARITY REG. NO. 1109433 COMPANY REG. NO 5354621** 14 | P a g e ## **NOTES TO THE FINANCIAL STATEMENTS** FOR THE YEAR ENDED 5 APRIL 2020 ## **3. ANALYSIS OF INCOME (continued)** **All income in the prior year was unrestricted except for** – St Johns Foundation £40,000 and Architectural Heritage Fund Grant £18,249. **Within the income items above the following items are material** - Unrestricted grant from the local authority council for £175,500 (2019: £25,000). Restricted grant from Architectural Heritage Fund for £nil (2019: £18,249). Restricted grant provided by Heritage Lottery Fund for £56,478 (2019: £nil). An anonymous donation was received for £100,000 (2019: £nil). ## **4. ANALYSIS OF EXPENDITURE** |**Expenditure on raising funds**
Other trading activities
**Expenditure on charitable activities**
Pool restoration project
**Other expenditure**
Independent examination fee
Professional fees
**Total expenditure**||**2020**(£)||**2019**(£)| |---|---|---|---|---| ||Unrestricted|Restricted|Total|Total| ||845|-|845|1,069| ||845|-|845|1,069| ||4,213|308,829|313,042|71,922| ||4,213|308,829|313,042|71,922| ||660
3,569|-
-|660
3,569|320
-| ||4,229|-|4,229|320| ||**9,287**|**308,829**|**318,116**|**73,311**| **CHARITY REG. NO. 1109433 COMPANY REG. NO 5354621** 15 | P a g e ## **NOTES TO THE FINANCIAL STATEMENTS** FOR THE YEAR ENDED 5 APRIL 2020 ## **5. DETAILS OF CERTAIN TYPES OF EXPENDITURE** ## **5.1 Fees for examination of the accounts** |Independent examiner fees
Assurance services other than independent examination
Tax advisory
Other fees paid to the independent examiner|**2020**(£)|**2019**(£)| |---|---|---| ||660|320| ||-|-| ||-|-| ||-|-| ## **6. PAID EMPLOYEES** ## **6.1 Staff costs** |Salaries and wages
Social security costs
Pension costs
Other employee benefits
**Total staff costs**|**2020**(£)|**2019**(£)| |---|---|---| ||41,891|2,857| ||934|-| ||1,703|-| ||-|-| ||**44,528**|**2,857**| ## **7. AVERAGE NUMBER OF EMPLOYEES** During the year the average number of employees was 3 (2019: 1). **CHARITY REG. NO. 1109433 COMPANY REG. NO 5354621** 16 | P a g e ## **NOTES TO THE FINANCIAL STATEMENTS** FOR THE YEAR ENDED 5 APRIL 2020 ## **8. TANGIBLE FIXED ASSETS** ## **8.1 Cost or valuation** |At the beginning of the year
Additions
Revaluations
Disposals
Transfers
**At the end of the year**|**Freehold**
**land and**
**buildings**(£)|**Other**
**land and**
**buildings**
(£)|**Plant**
**machinery**
**and**
**motor**
**vehicles**
(£)|**Fixtures,**
**fittings and**
**equipment**
(£)|**Total**(£)| |---|---|---|---|---|---| ||-|-|-|-|-| ||-|2,539|-|-|2,539| ||-|-|-|-|-| ||-|-|-|-|-| ||-|-|-|-|-| ||**-**|**2,539**|**-**|**-**|**2,539**| ## **8.2 Depreciation and impairments** |**Depreciation and impairments**|||||| |---|---|---|---|---|---| |At the beginning of the year
Disposals
Depreciation
Impairment
Transfers
**At the end of the year**
**Carrying amount**
Net book value at the beginning of
the year
Net book value at the end of the
year|**0%**|**2% SL**|**3YR SL**|**3YR SL**|**Total(£)**| ||-|-|-|-|-| ||-|-|-|-|-| ||-|-|-|-|-| ||-|-|-|-|-| ||-|-|-|-|-| ||**-**|**-**|**-**|**-**|**-**| ||||||| ||**-**|**-**|**-**|**-**|**-**| ||-|2,539|-|-|-| ## **8.3 Carrying amount** **CHARITY REG. NO. 1109433 COMPANY REG. NO 5354621** 17 | P a g e ## **NOTES TO THE FINANCIAL STATEMENTS** FOR THE YEAR ENDED 5 APRIL 2020 ## **9. ANALYSIS OF DEBTORS** |**ANALYSIS OF DEBTORS**||| |---|---|---| |Trade debtors
Prepayments and accrued income
Other debtors
**Total debtors**|**2020**(£)|**2019**(£)| ||-|-| ||1,157|-| ||38,698|599| ||**39,855**|**599**| ## **10. CREDITORS AND ACCRUALS** |**0. CREDITORS AND ACCRUALS**||||| |---|---|---|---|---| |Accruals for grants payable
Bank loans and overdrafts
Trade creditors
Payments received on account
Accruals and deferred income
Taxation and social security
Other creditors
**Total creditors**|**Amounts falling due**
**within one year**(£)||**Amounts falling due after**
**more than one year**(£)|| ||**This year**|**Last year**|**This year**|**Last year**| ||-|-|-|-| ||-|-|-|-| ||62,234|1,800|-|-| ||-|-||| ||330|-|-|-| ||5,211|-|-|-| ||1|-|20|-| ||**68,776**|**1,800**|**20**|**-**| ## **11. CASH AT BANK AND IN HAND** |Short term cash investments (less than 3 months maturity date)
Short term deposits
Cash at bank and in hand
Other
**Total cash at bank and in hand**|**2020** (£)|**2019**(£)| |---|---|---| ||-|-| ||-|-| ||114,361|50,644| ||-|-| ||**114,361**|**50,644**| **CHARITY REG. NO. 1109433 COMPANY REG. NO 5354621** 18 | P a g e ## **NOTES TO THE FINANCIAL STATEMENTS** FOR THE YEAR ENDED 5 APRIL 2020 ## **12. RELATED PARTY TRANSACTIONS** During the year £nil fees were paid to a Trustee (2019: £5,000 – Andrew Mullett). **CHARITY REG. NO. 1109433 COMPANY REG. NO 5354621** 19 | P a g e