2020-12-31-accounts - South West Lancashire Independent Community Advice Network Ltd

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		Page
Report ofthe Trustees	1	to	6
Independent Examiner's Report
Statement ofFinancial Activities
Balance Sheet
Notes to the Financial Statements	10	to	15

	31DEC	EMBER 2020
				2020	2019
		Unrestricted	Restricted	Total	Total
		fund	fund	funds	funds
	Notes
FIXEDASSETS
Tangible assets		4,229		4,229	4,407
CURRENT ASSETS
Cash at bank and in hand		33,841	6,685	40,526	22,576
CREDITORS
Amounts falling due within one year		(2,616)		(2,616)	(551)
NET CURRENT ASSETS		31,225	6,685	~37 910	22 025
TOTAL ASSETSLESSCURRENT
LIABILITIES		35,454	6,685	42,139	26,432
NET ASSETS		35,454	~6685	~42 139	26432
FUNDS	10
Unrestricted funds				35,454	13,704
Restricted funds				6,685	12,728
TOTAL FUNDS				~42 139	26,432

	NOTES	NOTES	TO	HE FINANCIAL STATEMENTS - continued
		FORTHEYEAR ENDED 31DECEMBER2020
2.	INCOME FROM CHARITABLE			ACTIVITIES
					2020	2019
			Activity
			Advice		88,939	~20201
	Grants received, included	in the above, are as follows:
					2020	2019
	BigLottery				75,100
	West Lanes Borough Council				6,000	20,201
	Covid 19grant				~7839
					~88 939	20,201
3.	CHARITABLE ACTIVITIES COSTS
					Support
				Direct	costs (see
				Costs	note 4)	Totals
	Advice			~87 677	582	~88 259
4.	SUPPORT COSTS
						Governance
						costs
	Advice					582
5.	NET INCOME/(EXPENDITURE)
	Net incomel(expenditure)	is	stated	after charging/(crediting):
					2020	2019
	Depreciation - owned assets				1,901	1,944
6.	TRUSTEES' REMUNERATION			AND BENEFITS

Trustees' expenses	Trustees' expenses
Trustees expenses amounted		to f29 for one trustee's reimbursement	ofexpenses (2019:KNil).
COMPARATIVES FORTHE STATEMENT OF FINANCIAL			ACTIVITIES
			Unrestricted	Restricted	Total
			fund	fund	funds
INCOME AND ENDOWMENTS FROM
Donations and legacies			5,681	20,515	26,196
Charitable activities
Advice				20,201	20,201
Total			5,681	40,716	46,397
EXPENDITURE ON
Charitable activities
Advice			2,496	27,178	29,674
NET INCOME			3,185	13,538	16,723
Transfers between funds			810	~810)
Net movement in funds			3,995	12,728	16,723
RECONCILIATION	OF	FUNDS
Total funds brought	forward		9,709		9,709
TOTAL FUNDS CARRIED FORWARD			13,704	12,728	26,432

8.	TANGIBLE FIXEDASSETS
		Fixtures
		and	Computer
		fittings	equipment	Totals
	COST
	At 1 January 2020	16,306	9,907	26,213
	Additions		~1723	1,723
	At 31December 2020	16,306	~11 630	t 27936
	DEPRECIATION
	At 1 January 2020 Charge for year	15,374 186	6,432 ~1715	21,806 ~1901
	At 31December 2020	15,560	~8147	23,707
	NET BOOK VALUE
	At 31December 2020	746	~3483	~4229
	At 31December 2019	932	~3475	~4407
9.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
			2020	2019
	Social security and other taxes		2,034
	Accrued expenses		582	551
			~2616	551
10.	MOVEMENT IN FUNDS
			Net
			movement	At
		At 1.1.20	in funds	31.12.20
			f
	Unrestricted funds
	General fund	13,704	21,750	35,454
	Restricted funds
	Restricted	12,728	(6,043)	6,685
	TOTAL FUNDS	~26 432	~15 707	~42 139

Comparative	net movement in funds, include	d in the above are as follows:
		Incoming	Resources	Movement
		resources	expended	in funds
Unrestricted	funds
General fund		5,681	(2,496)	3,185
Restricted funds
Restricted		40,716	(27,178)	13,538
TOTAL FUNDS		46,397	~29,674)	16,723

A current yea	r 12months and prior	year 12months combined po	sition is as follo	ws:
			Net	Transfers
			movement	between	At
		At 1.1,19	in funds	funds	31.12.20
Unrestricted	funds
General fund		9,709	24,935	810	35,454
Restricted funds
Restricted			7,495	(810)	6,685
TOTAL FUNDS		9,709	32430		42 139

A current yea as follows:	r 12months and prior year 12	months combined net movement in	funds, included i	n the above a
		Incoming	Resources	Movement
		resources	expended	in funds
Unrestricted	funds
General fund		28,546	(3,611)	24,935
Restricted funds
Restricted		121,817	(114,322)	7,495
TOTAL FUNDS		150,363	~117933)	32,430