2020-08-31-accounts - The Grand At Clitheroe Ltd

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		Page
Report ofthe Trustees	1	to	6
Report ofthe Independent Auditors	7	to	8
Statement ofFinancial A.ctivities
Statentent ofFinancial Position	10	to	11
Statement ofCash Flows		12
Notes to the Statement ofCash Flows		13
Notes to the Financial Statements	14	to	23
Detailed Statement ofFinancial Activities	24	to	25

					2020	2019
			Unrestricted	Restricted	Total	Total
		Notes	funds f,	fundsI	funds	funds
INCOME AND ENDOWMENTS	FROM
Donations and legacies			458,827	41392	500,119	478,444
Charitable acnvities
Property rental			10,740		10,740	11,490
Other trading activities			267,332		267,332	431,591
Investment incoine			395		395	542
Total			737/94	41/92	778,586	922,067
EXPENDITURE ON
Raising funds		7	521,917	19,741	541,658	581,418
Charitable activities		8
Central premism and administration Youth, schools k community	costs		326,461 26,406	540 33,330	327,001 59,736	305,919 59,291
Solomon project				216	216	24,000
Total			874,784	53,827	928,611	970,628
NET INCOME/(EXPENDITURE)			(137,490)	(12,535)	(150,025)	(48,561)
Transfers between ftmds		18	(11,055)	11,055
Net movement in funds			(148,545)	(1,480)	(150,025)	(48,561)
RECONCILIATION OFFUNDS
Total funds brought forward			4,905,562	7,455	4,913,017	4,961,578
TOTAL FUNDS CARRIED FORWARD			4,757,017	5,975	4,762,992	4,913,017

				2020	2019
		Unrestricted		Total	Total
		funds		funds	funds
	Notes
FIXEDASSETS
Tangible assets	14	4,741,346		4,741,346	4,875,630
CURRENT ASSETS
Stocks	15	1,711		1,711	4,124
Debtors	16	22,814		22,814	42,577
Cash atbank and in hand		160,541	5,974	166,515	133,215
		185,066	5,974	191,040	179,916
CREDITORS
Amounts falling due within one year	17	(169,395)	1	(169,394)	(142,529)
NET CURRENT ASSETS		15,671	5,975	21,646	37,387
TOTAL ASSETSLESSC~
LIABILITIES		4,757,017	5,975	4,762,992	4,913,017
NET ASSETS		4,757,017	5,975	4,762,992	4,913,017
FUNDS	18
Unrestricted funds				4,757,017	4,905,562
Restricted funds				5,975	7,455
TOTAL FUNDS				4,762,992	4,913,017

					STATEMENT OFCASH FLOWS
					forthe year ended 31August 2020
					2020	2019
					Notes
Cash flows from operating		activities
Cash generated &om operations					52,044	29,750
Net cash provided by operating			activities		52,044	29,750
Cash fiows from investing		activities
Purchase oftangible fixed	assets				(28,259)	(55,641)
Sale oftangible fixed assets					9,120
Interest received					395	542
Net cash used in investing	activities				(18,744)	(55,099)
Change in cash and cosh	equivalents			in
the reporting period					33,300	(25,349)
Cash and cash equivalents		at	the
beginning ofthe repordng		period			133,215	158,564
Cash and cash equivalents		at	the end	of
the reporting period					166,515	133,215

ACTIVITIES
			2020	2019
Net expenditure for the reporting period (asper the Statement of
Financial Aciivities)			(150,025)	(48,561)
Adjustments for:
Depreciation charges			150,400	141,842
Loss on disposal of	fixed assets		3,023
Interest received			(395)	(542)
Decrease in stocks			2,413	754
Decrease/(increase)	in debtors		19,763	(2,049)
Increase/(decrease)	in creditors		26,865	(61,694)
Net cash provided	by operations		52,044	29,750
ANALYSIS OFCHANGES IN NET FUNDS
		At 1/9/19	Cash flow	At 31/8/20
			I	f
Net cash
Cash at bank and in	hand	133,215	33,300	166,515
		133415	33,300	166,515
Total		133,215	33,300	166,515

DONATION	S AND LEGACIES
		2020	2019f
Gifis		2	1
Donations		315,419	429,379
Gmnts		184,698	49,064
		500,119	478,444
OTHER TRADING ACTIVITIES
		2020	2019
			8
Cafe		89,516	167,047
Commercial	events	151,804	230,283
Creative learning		26,012	34,261
		267,332	431,591

INVESTMENT	INCOME
				2020	2019
Deposit account interest				395	542
INCOME FROM CHARITABLE ACTIVITIES
				2020	2019
		Activity
Sundry income		Property rental		10,740	11,490
RAISING FUNDS
Other trading activities
				2020	2019
Staffcosts				270,002	258,507
Advertising				22,461	30,462
Events				109,577	177,149
Food&beverages Telephone &internet				40,382 1,949	67,887 1,881
Printing, postage	&stationery			2,893	3,695
Sundries				32	189
Travelling				2,094	2,905
Cleaning				2,179	3,932
Insurance				6,863	6,832
Creative learning				17,854	24,215
Rates and water				4,749	6,350
Light and heat				10,052	(13,017)
Information systems				7,563	9,068
Staffexpenses				684	537
Staffrecruitment	and training			588	826
Exceptional item	- redundancy			41,736
				541,658	581,418
CHARITABLE	ACTIVITIES	COSTS
				Support
			Direct	costs (see
			Costs	note 9)	Totals
Central premises and administration
cos'ts Youth, schools &community			205,956 55,711	121,045 4,025	327,001 59,736
Solomon project			216		216
			261,883	125,070	386,953

SUPPORT COSTS
			Governance
		Management	costs	Totals
Central premises and administration	costs	94,664	26,381	121,045
Youth, schools &conununity			4,025	4,025
		94,664	30,406	125,070
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated atter charging/(crediting):
			2020	2019
Auditors' remuneration			1,675	1,620
Auditors' remuneration for non audit	work		4,350	5,030
Depreciation -owned assets			150,400	141,842
Deficit on disposal offixed assets			3,023

	for the year ended 31August 2	for the year ended 31August 2	for the year ended 31August 2	020
COMPARATIVES FORTHE	STATEMENT OFFINANCIAL			ACTIVITIES
				Unrestricted	Restricted	Total
				funds	funds	funds
				f		8
INCOME AND ENDOWMENTS		FROM
Donations and legacies				419,728	58,716	478,444
Charitable activities
Pmperiy rental				11,490		11,490
Other trading activities				429,643	1,948	431,591
Investment income				542		542
Total				861,403	60,664	922,067
EXPENDITURE ON
Raising funds				550,792	30,626	581,418
Charitable activities
Central premises and administration Youth, schools &connnonity Solomon pmject		costs		305,532 24,967	387 34,324 24,000	305,919 59,291 24,000
Total				881,291	89,337	970,628
NET INCOME/(EXPENDITURE)				(19,888)	(28,673)	(48,561)
Transfers between funds				(15,486)	15,486
Net ruovement in funds				(35,374)	(13,187)	(48,561)
RECONCILIATION OF FUNDS
Total funds brought forward				4,940,936	20,642	4,961,578
TOTAL FUNDS CARRIED FORWARD				4,905,562	7,455	4,913,017
Total kcy management personnel	remuneration		wasf33,475.

TANGIBLE FIXEDASSETS
			Leasehold
		Freehold	property	Plant and
		property	improvements	tnachinery
COST
At 1 September 2019		6486,621	394,997	981,953
Additions				28,259
Disposals				(28,203)
At 31August 2020		6,286,621	394,997	982,009
DEPRECIATION
At 1 September 2019		1,501,219	394,997	906,983
Charge foryear		122,998		16,511
Eliminated on disposal				(16,060)
At 31August 2020		1,624,217	394,997	907,434
NETBOOKVALUE
At 31August 2020		4,662,404		74,575
At 31August 2019		4,785,402		74,970
	Fixtures
	arid	Motor	Computer
	fittings	vehicles	equipment	Totals
				f,
COST
At 1 September 2019	189,429	23,426	107,989	7,984,415
Additions				28759
Disposals				(28,203)
At 31August 2020	189,429	23,426	107,989	7,984,471
DEPRECIATION
At 1 September 2019	183,156	21451	101,179	3,108,785
Charge for year	6473	550	4,068	150,400
Eliminated on disposal				(16,060)
At 31August 2020	189,429	21,801	105,247	3,243,125
NET BOOKVALUE
At 31August 2020		1,625	2,742	4,741,346
At 31August 2019	6,273	2,175	6,810	4,875,630

15.	STOCKS
						2020	2019
						6
	Stocks					1,711	4,124
16.	DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
						2020f	2019
	Trade debtors					476	3,826
	Other debtors						1,577
	VAT						5,929
	Prepayments					22,338	31,245
						22,814	42,577
17.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
						2020	2019
						8	I
	Trade creditors					24,578	28,931
	Social security and		other taxes			17,558	7,247
	VAT					4,291
	Other creditors					3,599	3,691
	Accruals and deferred income					119,368	102,660
						169,394	142,529
18.	MOVEMENT IN		FUNDS
					Net	Transfers
					movement	between	At
				At 1/9/19	in funds	funds	31/8/20
	Unrestricted funds
	Working capital fund			4,905,562	(137,490)	(11,055)	4,757,017
	Restricted funds
	Solomon Project Children &Youth			2,295	3,680 (8,184)	8,184	5,975
	My Skillz			404		(404)
	School radio project			191	(2,687)	2,496
	Intergenerational	dance		1,008		(1,008)
	The Grab school competition			3,557	(10,837)	7,280
	My Skillz Autumn		2018/19		1,343	(1,343)
	Various				4,150	(4,150)
				7,455	(12,535)	11,055	5,975
	TOTAL FUNDS			4,913,017	(150,025)		4,762,992

		Incoming	Resources	Movement
		resotuccs f.	expended	in funds I
Unrestricted funds
Working capital fund		737,294	(874,784)	(137,490)
Restricted funds
Solomon Project		3,896	(216)	3,680
Children &Youth		29,246	(37,430)	(8,184)
School radio project			(2,687)	(2,687)
The Grab school cotnpetition My Skillz Autumn 2018/19		4,000	(10,837) (2,657)	(10,837) 1,343
Various		4,150		4,150
		41,292	(53,827)	(12,535)
TOTAL FUNDS		778,586	(928,611)	(150,025)
Comparatives for movement	in funds

			Net	Transfers
			movement	between	At
		At 1/9/18	in funds	funds	31/8/19
				8	I
Unrestricted funds
Working capital fund		4,940,936	(19,888)	(15,486)	4,905,562
Restricted funds
Solomon Project		16,642	(14,347)		2495
Children &Youth			(15,486)	15,486
My Skillz					404
School radio project			191		191
Intergenerational	dance		1,008		1,008
The Grab school competition			3,557		3,557
My Skillz Aututnn	2018/19	4,000	(4,000)
		20,642	(28,673)	15,486	7,455
TOTAL FUNDS		4,961,578	(48,561)		4,913,017

		Incoming	Resources	Movement
		resources	expended f	in funds 6
Unrestricted funds
Working capital fund		861,403	(881,291)	(19,888)
Restricted funds
Solomon Project Children &Youth		9,653 28,317	(24,000) (43,803)	(14,347) (15,486)
My Skillz		4,000	(3,596)	404
School radio project		3,497	(3,306)	191
Intergenerational	dance	3,300	(2,292)	1,008
The Grab school competition		6,191	(2,634)	3,557
Grab		1,500	(1,500)
My Skillz Autumn	2018/19		(4,000)	(4,000)
Various		4406	(4,206)
		60,664	(89,337)	(28,673)
TOTAL FUNDS		922,067	(970,628)	(48,561)

			Net	Transfers
			movement	between	At
		At 1/9/1 8	in funds	funds	31/8/20
			6
Unrestricted funds
Working capital fund		4,940,936	(157,378)	(26,541)	4,757,017
Restricted funds
Solomon Project		16,642	(10,667)		5,975
Children &Youth			(23,670)	23,670
My Skillz			404	(404)
School radio project			(2,496)	2,496
Intergenerationsl	dance		1,008	(1,008)
The Grab school competition			(7,280)	7,280
My Skillz Autumn	2018/19	4,000	(2,657)	(1,343)
Various			4,150	(4,150)
		20,642	(41,208)	26,541	5,975
TOTAL FUNDS		4,961,578	(198,586)		4,762,992

		Incoming	Resources	Movement
		resources	expended	in funds
Unrestricted funds
Working capital fund		1,598,697	(1,756,075)	(157,378)
Restricted funds
Solomon Pmject		13,549	(24,216)	(10,667)
Children tk Youth		57,563	(81,233)	(23,670)
My Skillz		4,000	(3,596)
School radio project		3,497	(5,993)	(2,496)
Intergenerational	dance	3,300	(2,292)	1,008
The Grab school competition		6,191	(13,471)	(7,280)
Grab		1,500	(1,500)
My Skillz Autumn	2018/19	4,000	(6,657)	(2,657)
Various		8,356	(4406)	4,150
		101,956	(143,164)	(41,208)
TOTAL FUNDS		1,700,653	(1,899,239)	(198,586)

	DETAIL	ED STATEMENT OF FINANCIAL ACTIVI	TIES
		for the year ended 31August 2020
			2020	2019
INCOME AND	ENDOWMENTS
Doaatious and legacies
Gifts			2	1
Donations			315,419	429,379
Grants			184,698	49,064
			500,119	478,444
Other trading activities
Cafe			89,516	167,047
Coininercial events			151,804	230,283
Creative learning			26,012	34,261
			267,332	431,591
Investment income
Deposit account interest			395	542
Charitable activities
Sundty income			10,740	11,490
Total incoming resources			778,586	922,067
Other trading activities
Wages			249,117	237,453
Social security			12,779	14,015
Pensions			8,106	7,039
Advertising			22,461	30,462
Events			109,577	177,149
Food &beverages			40,382	67,887
Telephone &internet			1,949	1,881
Printing, postage	&stationery		2,893	3,695
Sundries			32	189
Travelling			2,094	2,905
Cleaning			2,179	3,932
Insurmce			6,863	6,832
Creative learning			17,854	24,215
Rates and water			4,749	6,350
Light and heat			10,052	(13,017)
Information systems			7,563	9,068
Staff expenses			684	537
Staffrecruitment	and training		588	826
Exceptional item	- redundancy		41,736
			541,658	581,418

	for tbe year ended 31Aug	ust 2020
		2020	2019
Other trading activities
Charitable activities
Wages		44,348	42,357
Social security		3,029	2,639
Pensions		1,774	1,260
Rates and water		4,749	6,349
Insurance		6,863	6,832
Light and heat		10,052	(13,017)
Telephone &internet		1,949	1,880
Printing, postage &stationery		723	924
Sundries		32	188
Repairs &renewals		17,436	31,860
Cleaning		2,179	3,931
Travelling		2,094	2,904
Information systems		1,891	2,267
Subscriptions		592	1,422
Motor expenses		2,313	3,142
Advertising		5,615	7,616
Staffexpenses		684	536
Staffrecruitinent and training		588	825
Health, safety and fire protec tion		548	1,978
Donations			24,000
Depreciation offieehold		122,998	122,998
Depreciation ofplant		16,511	8,536
Depreciation offixtures		6,273	6,273
Depreciation ofinotor vehicles		550	550
Depreciation ofcomputers		4,069	3,486
Loss on sale oftangible fixed assets		3,023
Exceptional item - redundancy		1,000
		261,883	271,736
Support costs
Management
Wages		83,228	82,968
Social security		7,885	7,926
Pensions		3,551	3,025
		94,664	93,919
Governance costs
Auditors' remuneration		1,675	1,620
Auditors' remuneration	for non audit work	4,350	5,030
Payroll fees		2,037	1,515
Legal and professional	fees	9,144	8,765
Bank charges		4,160	6,625
Exceptiorni item - redundancy		9,040
		30,406	23,555
Total resources expended		928,611	970,628
Net expenditure		(150,025)	(48,561)