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|Trustees|A Cathies||
|---|---|---|
||J Cigman||
||P Gifford||
||R Boseley||
||J Lewis|(Appointed 23 November 2020)|
||M Smith|(Appointed 22 March 2021)|
|Secretary|S Martin||
|Charity number|1110418||
|Company number|||
|Principal address|Chequers Bridge Centre||
||Painswick Road||
||Gloucester||
||GL4 6PR||
|Registered office|Chequers Bridge Centre||
||Painswick Road||
||Gloucester||
||GL4 6PR||
|Independent examiner|Griffiths Marshall||
||Beaumont House||
||172 Southgate Street||
||Gloucester||
||Gloucestershire||
||GL1 2EZ||
|Bankers|Unity Trust Bank Plc||
||Four Brindley Place||
||Birmingham||
||BI 2JB||
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||Page|
|---|---|
|Trustees' report|1 - 13|
|Independent, examiner's report|14|
|Statement of financial activities|15|
|Balance sheet|16|
|Statement of cash flows|17|
|Notes to the financial statements|18 - 31|
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|1 .|Strengthen the work of Fair Shares in our existing time banks in Gloucester, Stroud and Stonehouse|
|---|---|
||(and not expand into other areas)|
|2.|Develop new sources of funding so that we are less dependent on grants|
|3.|Make our partnerships with other local organisations clear (our purpose in working with them) and|
||strong|
|4.|Get more participants actively involved in how Fair Shares works and planning for the future|
|5.|Get better at marketing and communicating our values and sharing information about what Fair|
||Shares does|
|6.|Make best use of the resources we have|
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|What we planned to do|Actions|Progress|
|---|---|---|
|Consolidate core business|3 year plan for Stroud|Deferred|
||Develop Gloucester allotment|Done|
||Green impact assessment|Deferred|
|Develop more diverse funding|Submit new Lottery bid|Done|
||Identify 5 local businesses to|Deferred|
||approach||
|Develop strategic partnership working|Work actively with the new NHS Trust|Deferred|
||Draw up and implement an exit strategy for|Done|
||criminal justice project||
||Recruit 10 'Friends of Fair Shares'|Deferred|
|Increase active involvement of participants Active engagement of participants in||Done|
||how the allotment develops||
||Active engagement of participants in|Deferred|
||proposing ideas for fundraising||
|Effective use of resources|Complete 2 evaluations - Young People|Deferred|
||& Dementia Project||
||Review database of participants|Deferred|
||Review vehicle plan, including identifying|Deferred, finance|
||funding for maintenance and upgrade|committee|
|||assessing options|
|||to address this|
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||Unrestricted|Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|
|||funds|funds||funds|funds||
|||2021|2021|2021|2020|2020|2020|
|Notes||£|£|£|£|£|£|
|Income and endowments|from:|||||||
|Grants and donations|3|1 7852|191483|193 7335|2 3682|194 7750|197 1432|
|Incoming resources||||||||
|from charitable||||||||
|activities||||||||
|Woodworking Income|4|-|-|-|-|1 7223|1 1223|
|Other trading activities|5|4 1704|21 7561|26 7265|11,276|23 1974|35 1250|
|Other income|6|602|26 1019|26 7621|487|7 7064|7 1551|
|Total income||7,158|239,063|246,221|14 1445|227 1011|241,456|
|Expenditure on:||||||||
|Raising funds||||||||
|Costs of generating||||||||
|funds|7|-|5,994|5 7994|5,404|-|5 1404|
|Charitable activities|8|3 7845|200 1471|204,316|45790|159 1498|205,288|
|Other|9|223|-|223|243|-|243|
|Total resources||||||||
|expended||4 7068|206,465|210,533|51,437|159 7498|210 7935|
|Net incoming||||||||
|resources before||||||||
|transfers||3,090|32 1598|35 1688|(36,992)|67,513|30 1521|
|Gross transfers||||||||
|between funds||(4)|4|-|25,551|(25,551)|-|
|Net income for the year!||||||||
|Net movement in funds||3,086|32,602|35 9688|(11,441)|41 1962|30 1521|
|Fund balances at I||||||||
|April 2020||37 7782|116 7904|154 1686|49 1223|74,942|124 1165|
|Fund balances at 31||||||||
|March 2021||40 7868|149 1506|190 7374|37,782|116,904|154 5686|
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|||2021||2020||
|---|---|---|---|---|---|
||Notes|£|£|£|£|
|Fixed assets||||||
|Tangible assets|14||3 1614||6150|
|Current assets||||||
|Debtors|15|7 1716|9,053|||
|Cash at bank and in hand|16|196,260|189 1|079||
|||203 7976|198 5|132||
|Creditors: amounts falling due within||||||
|one year|17|(17,216)|(49,596)|||
|Net current assets|||186 1760||148 1536|
|Total assets less current liabilities|||190 7374||154,686|
|Income funds||||||
|Restricted funds|20||149 1506||116 7904|
|Unrestricted funds|||40 1868||37 7782|
||||190,374||154 1686|
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||2021||2020||
|---|---|---|---|---|
|Notes|£|£|£|£|
|Cash flows from operating activities|||||
|Cash generated from/(absorbed by)23|||||
|operations|7,181||(14,412)||
|Investing activities|||||
|Purchase of tangible fixed assets|-|(286)|||
|Net cash used in investing activities||-|(286)||
|Net cash used in financing activities|||||
|Net increase/(decrease) in cash and cash|||||
|equivalents|7 1181||(14,698)||
|Cash and cash equivalents at beginning of year|||||
|Cash and cash equivalents at end of year|196 3260||189,079||
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||Unrestricted|
Restricted|Total|Unrestricted|
Restricted|
Total|
|---|---|---|---|---|---|---|
||funds|
funds||funds|
funds||
||2021|
2021|2021|2020|
2020|
2020|
||£|
£|£|£|
£|
£|
|Donations and gifts|1 3852|
1 1301|3 7153|2 3682|
3,025|
5 1707|
|Grant income|-|
190 1182|190 1182|-|
191725|
_191_
_1 725_|
||1,852|
191,483|193,335|2,682|
194,750|
197 1432|
|Donations and gifts|||||||
|Donations|1 1852|
1 7301|3,153|2 1426|
3 3025|
5 3451|
|Gift Aid|-|
-|-|256|
-|
256|
||1 1852|
1 7301|3 3153|2 1682|
3 1025|
5 1707|
|Grant income|||||||
|Active Gloucestershire|
-|
2,200|2,200|-|
-|
-|
|Allen Lane Foundation|
-|
1,250|1 1250|-|
3 1750|
3 1750|
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|3
Grants and donations||||(Continued)|
|---|---|---|---|---|
|Anonymous|-
10000|10 1000|--|-|
|Asda Foundation|-
300|300|-
500|500|
|Barton&Tredworth|||||
|Neighbourhood|||||
|Partnership|--|-|-
4 7099|4 1099|
|Barnwood Trust|-
4 1500|4 1500|-
1440|1,440|
|Charities Aid Foundation|-
4 1600|4,600|--|-|
|DCMS funds distributed|||||
|by Gloucestershire|||||
|Foundation: Resilience|||||
|Fund|-
20 1140|20,140|--|-|
|DCMS funds distributed|||||
|by Gloucestershire|||||
|Community Foundation:|||||
|Coronavirus Recover&|||||
|Resilience Grant|-
8,557|8 1557|--|-|
|DCMS funds distributed|||||
|by National Lottery|||||
|Community Fund:|||||
|Coronavirus Community|||||
|Support Fund|-
37 1500|37 1500|--|-|
|Dunhill Medical Trust|--|-|-
21 388|21,388|
|Gloucester City Council|-
800|800|-
250|250|
|Gloucester City Homes|-
500|500|-
7 1850|7 1850|
|Gloucestershire|||||
|Community Foundation|-
3,500|3 3500|-
4,091|4,091|
|Gloucestershire County|||||
|Council|-
5,625|5 3625|-
7,875|7,875|
|Gloucestershire|||||
|Gateway Trust|-
22,533|22 1533|-
20 3250|20 3250|
|HDH Wills 1965|||||
|Charitable Trust|--|-|-
500|500|
|Henry Robert Bull|||||
|Charitable Trust|--|-|-
13000|1 3000|
|Henry Smith Charity|--|-|-
7 7500|7 1500|
|Hilden Charitable Fund|--|-|-
1 000|1,000|
|HMRC Job Retention|||||
|Scheme|-
5 7641|5 1641|--|-|
|Langtree Trust|-
500|500|--|-|
|Leigh Trust|-
1,000|1 1000|--|-|
|National Lottery|||||
|Community Fund|-
26 1301|26 1301|-
54 1917|54 1917|
|Noel Buxton Trust|-
1 300|1 300|-
2 1000|2,000|
|Office of the Police and|||||
|Crime commissioner|||||
|Gloucestershire|-
17 1500|17,500|-
18 1500|18 1500|
|Persula Foundation|-
1 660|1 660|-
3,340|3 7340|
|Postcode Community|||||
|Trust|--|-|-
12 7600|12 7600|
|Saintbury Trust|--|-|-
2 1000|2 1000|
|Sobell Foundation|--|-|-
3 7000|3,000|
|Souter Charitable Trust|--|-|-
2,000|2 1000|
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|3
Grants and donations|||||(Continued)|
|---|---|---|---|---|---|
|Stroud District Council|-
8 1000|
8,000|-|
4 1000|
4 1000|
|Summerfield Trust||||3 1000|
3 3000|
|Swire Charitable Trust|-
5 1625|
5 3625|-|
1 1875|
1 1875|
|Sydney Black Charitable||||||
|Trust||||1,000|
1,000|
|Tesco - Groundork UK|-500500||-|||
|Verdon-Smith Family||||||
|Charitable Trust|-150150||-|||
|Zurich Community Trust||||rA||
||-
190,182|
190,182|-|
191 1725
191 3725||
|Unrestricted Restricted|
Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|
|Funds
Funds|
2021|
Funds|
Funds|2020|
|££|
£|
£|
£|£|
|--|-|-|
1 7223|1,223|
||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|
||funds|funds||funds|funds||
||2021|2021|2021|2020|2020|2020|
||£|£|£|£|£|£|
|Fees|3 1954|21,561|25 1515|3,018|21 3634|24 1652|
|Consultancy income|-|-|-|450|2 1340|2 3790|
|Woodworking income|750|-|750|7,808|-|7 1808|
|Other trading activities|4 7704|21 3561|26,265|11 7276|23 1974|35,250|
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||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|
||funds|funds||funds|funds||
||2021|2021|2021|2020|2020|2020|
||£|£|£|£|£|£|
|Other income|602|26,019|26,621|487|3 1489|3 1976|
|Vehicle income|||-|-|3 7575|3 1575|
||602|26,019|26,621|487|7 7064|7 1551|
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|7
Raising funds|||||
|---|---|---|---|---|
||Unrestricted|Restricted|Total|
Total|
||funds|funds|2021|
2020|
||£|£|£|
£|
|Costs of generating funds|||||
|Fundraising fees|-|5 3994|5,994|
5 1404|
||-|5 3994|5 7994|
5 7404|
|For the year ended 31 March 2020|||||
|Costs of generating funds|5 3404|-||5 1404|
|8
Charitable activities|||||
||||2021
2020||
|||||££|
|Staff costs (see note12)|||133 1152
141 3428||
|Share of support costs (see note 11)|||69 1376
62 1076||
|Share of governance costs (see note 11)|||||
||||204,316
205 1288||
|Analysis by fund|||||
|Unrestricted funds|||3 7845
45,790||
|Restricted funds|||||
||||204 1316
205,288||
|9
Other|||||
||||2021|2020|
||||££||
|Financing costs|||||
||||223|243|
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|upport costs||||||||
|---|---|---|---|---|---|---|---|
||Support Governance||2021|
Support|Governance||
2020|
||costs
costs|||costs|
costs|||
||££||£|
£||£|
£|
|Depreciation|2 7536|-|2,536|
3 7379||-|
3,379|
|Rent, rates & room hire|10 7943|-|10 1943|
14 7048|||14 1048|
|Misc. expenses|26 1224|-|26 7224|
-||-|
-|
|Postage, printing &||||||||
|office supplies|1,690|-|1,690|
1 1970||-|
1,970|
|Phone, internet &||||||||
|computer|2 1992|-|2,992|
2 7704||-|
2 1704|
|Staff travel, expenses &||||||||
|training|18 1329|-|18,329|
26,730||-|
26 1730|
|Professional fees|613|-|613|
913||-|
913|
|Equipment|2,870|-|2 7870|
7,126||-|
7,126|
|Evaluation &||||||||
|subscriptions|824|-|824|
426||-|
426|
|Insurances|2 1355|-|2 7355|
4 7780||-|
4 1780|
|Audit fees|-
1 7788||1 7788|
-|
1 1784||
1 7784|
||69 1376
1,788||71 1164|
62 7076|
1 1784||
63 7860|
|Analysis by fund||||||||
|Unrestricted funds|1 1284
1 3788||3 1072|
27,886|
1 3784||
29,670|
|Restricted funds|68,092|-|68092
34 7190|||-|
_)A 1C1_|
||69 1376
1 1788||||1,784||
63,860|
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||2021|2020|
|---|---|---|
||Number|Number|
|Fair Shares|2|2|
|Stroud|1|_1_|
|Woodworking|1|1|
|Gloucester|3|2|
|HM Prisons|-|2|
|Young People's Project|1|1|
|GEM Project|1|1|
|Total|_j_|_itJ_|
|Employment costs|2021|2020|
||£|£|
|Wages and salaries|116 7713|116,962|
|Social security costs|1 1803|3 1095|
|Sessional staff|12 1912|19,485|
|Recruitment|-|54|
|Pension costs|1 7724|1 1832|
||_lK%IiY_||
|Analysis by fund|||
|Unrestricted funds|773|16,120|
|Restricted funds|132 7379|125 3308|
||_I NNW_**ft**-v||
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|14
Tangible fixed assets|||||
|---|---|---|---|---|
||Fixtures,|Motor vehicles|Total||
||fittings &||||
||equipment||||
||£|
£||£|
|Cost|||||
|At 1 April 2020|24 1934|
60 7275|85209||
|At 31 March 2021|24,934|
60 1275|85 3|209|
|Depreciation and impairment|||||
|At 1 April 2020|22 1567|
56,492|79 1|059|
|Depreciation charged in the year|1 590|
946|2 5|536|
|At31 March2021|24 1157|
57 1438|81 1|595|
|Carrying amount|||||
|At31 March2021|777|
2 1837|3 7|614|
|At31 March2020|2 1367|
3783|6 1|150|
|15 Debtors|||||
|||2021|2020||
|Amounts falling due within one year:||£||£|
|Trade debtors||5 1638|6 1|930|
|Prepayments and accrued income||2 1078|21123||
|||7 7716|9 3|053|
|16
Cash at bank and in hand|||||
|||2021|2020||
|||£||£|
|Bank current account||195,464|188,188||
|Credit Card||292||-|
|Petty cash||504||891|
|||196 1260|189,079||
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|17|Creditors: amounts falling due within one year||||
|---|---|---|---|---|
||||20212020||
|||Notes|£|£|
||Deferred income|18|5 1400
45 7|161|
||Trade creditors||10,116
2 7|735|
||Accruals and deferred income||1 7001700||
||||17 1216
49 1|596|
|18|Deferred income||||
||||20212020||
||||£|£|
||Arising from Deferred Income||5 3400
45 7|161|
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|||Movement in funds|Movement in funds|||
|---|---|---|---|---|---|
||Balance at|Incoming|
Resources
Transfers||Balance at|
||I April 2020|resources|
expended||31 March 2021|
||£|£|
£|£|£|
|BTNP|518|-|
-|-|518|
|Covid Response|1 1500|36500|
(36,258)|1|1 1743|
|GEM Project|1,872|20 1561|
(16 )852)|-|5 7581|
|Gloucester|43 7302|102 7660|
(70,021)|1|75 3942|
|HM Prisons|8 1169|27 3939|
(36,108)|-|-|
|Network Crafts Group|3 7598|-|
-|-|3 1598|
|New Vehicles|2 1056|-|
-|-|2 1056|
|Stroud|52 7624|24 7590|
(31,996)|1|45 7219|
|Woodworking Restricted|3 7220|936|
(1,967)|-|2 1189|
|Youngs People's Project|45|25,877|
(13,263)|1|12 1660|
||116 7904|239 1063|
(206,465)|4|149,506|
|Unrestricted funds||||||
||Balance at|Incoming|
Resources
Transfers||Balance at|
||I April 2020|resources|
expended||31 March 2021|
||££||££|£||
|Support|37,782|6 1155|
(3,065)|(4)|40 1868|
|Woodworking|-|1 1003|
(1,003)|-|-|
||37 7782|7 1158|
(4,068)|(4)|40,868|
|nalysis of net assets between funds||||||
|||Unrestricted
Restricted|||Total|
||||funds
funds|||
||||£|£|£|
|Fund balances at 31 March 2021 are represented by:||||||
|Tangible assets|||3,614|-|3614|
|Current assets/(liabilities)||||||
||||40 1868
149 1506||190 1374|
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|22 Related party transactions|||
|---|---|---|
|Remuneration of key management personnel|||
|The remuneration of key management personnel is as follows.|||
||2021|2020|
||£|£|
|Aggregate compensation|21 1173|22 1737|
|23
Cash generated from operations|2021|2020|
||£|£|
|Surplus for the year|35 7688|30 1521|
|Adjustments for:|||
|Depreciation and impairment of tangible fixed assets|2 7536|3 7379|
|Movements in working capital:|||
|Decrease/(increase) in debtors|1 337|(5,986)|
|Increase in creditors|7 7381|281|
|(Decrease) in deferred income|(39,761)|(42,607)|
|Cash generated from/(absorbed by) operations|7 7181|(14,412)|