OpenCharities

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2020-12-31-accounts

Page
General and administrative
information
Trustees'
Report
2-5
Independent
examiners'
report
Statement offinancial activities
Balance sheet
Notes to the financial statements 9-16

Permanent Total Total Total Total
endowment restricted unrestricted funds funds
funds funds funds 2020 2019
Income and endowments from:
Note
Donations 153,355 153,355 171,286
Other trading activities 5,000 5,000 5,000
Other 20,101 20,101
Total 178,456 178,456 176,286
Ex enditure on:
Charitable activities 2,000 170,812 172,812 120,252
Others 12,967 12,967 9,328
Total 2,000 183,779 185,779 129,580
Net movement in funds (2,000) (5,323) (7,323) 46,706
Reconciliation offunds
Total funds brought forward 3,000,000 5,116 815,403 3,820,519 3,773,813
Total funds carried forward 3,000,000 3,116 810,080 3,813,196 3,820,519

AS AT 31DECEMBER 2020
2020 2019
Note
Fixed assets
Tangible assets 3,853,251 3,859,875
Current
assets
Other debtors 10,332 25,004
Cash at bank and in hand 366,974 286,618
377,306 311,622
Creditors: amounts
falling due
within one year (417,361) (350,978)
Net current liabilities (40,055) (39,356)
Total assets less current liabilities 3,818„196 3,820,519
Net assets 3,813,196 3,820,519
The funds ofthe charity:
Unrestricted
income fund
Unrestricted
funds
810,080 815,403
Restricted income funds 3,116 5,116
Permanent
endowment
funds
Endowment
funds
3,000,000 3,000,000
Total charity funds 3,813,196 3,820,519

4. Expenditure
on chari
table activities activities
Unrestricted Restricted Total Funds Total Funds
Funds Funds 2020 2019
Direct costs
Staff costs (including NIC) 44,319 44,319 44,031
Advertising
and promotion
12,854 12,854 20,367
Establishment
costs
85,069 85,069 30,620
Repairs and maintenance 15,667 15,667 14,122
Other office costs 3,618 3,618 1,200
Finance Costs 2,342 2,342 2,677
Depreciation 6,943 6,943 7,235
Donations 2,000 2,000
Total costs 170,812 2,000 172,812 120,252
5. Other costs 2020 2019
Legal and professional
Independent
examination
&accountancy fees 7,547
5,420
3,528
5,800
12,967 9,328
6. Tangible fixed assets Freehold Fixtures Total
land and fittings dk
buildings equipment
Cost
At 1 January 2020 3,833,680 67,164 3,900,844
Additions 319 319
At 31December 2020 3,833,680 67,483 3,901,163
Depreciation
At 1 January 2020 40,969 40,969
Charge for the year 6,943 6,943
At 31December 2020 47,912 47,912
Net Book Value
At 31 December 2020 3,833,680 19,571 3,853,251
At 31December 2019 3,833,680 26,195 3,859,875

7. Debtors 2020 2019
Prepayments 10,332 10,004
Other debtors 15,000
10,332 25,004
8. Creditors: amounts falling due within one year 2020 2019
Sundry loans 362,820 330,320
Trade and other creditors 8,403 10,761
Accruals 46,138 9,897
417,361 350,978
Statement offunds
At 1 At 31
January Incoming Resources December
2020 Resources Expended 2020
Unrestricted revenue funds
General
funds
815,403 178,456 (183,779) 810,080
Restricted revenue funds 5,116 (2,000) 3,116
Permanent endowment funds
Endowment funds 3,000,000 3,000,000
3,820,519 178,456 (185,779) 3,813,196

Analysis ofnet asse ts by funds
Permanent Total Total
endowment Restricted Unrestricted funds funds
funds funds funds 2020 2019
Fixed assets 3,000,000 853,251 3,853,251 3,859,875
Current assets 3,116 374,190 377,306 311,622
Creditors due within 1 year (417,361) (417,361) (350,978)
3,000,000 3,116 810,080 3,813,196 3,820,519
Staff costs 2020 2019
Wages and salaries 44,319 44,031

Permanent Total Total Total
endowment restricted unrestricted funds
funds funds funds
Income and endowments from:
Donations 171,286 171,286
Other trading activities 5,000 5,000
Total 176,286 176,286
Ex enditure on:
Charitable
activities
120,252 120,252
Others 9,328 9,328
Total 129,580 129,580
Net movement in funds 46,706 46,706
Reconciliation offunds
Total funds brought forward 3,000,000 5,116 768„697 3,773,813
Total funds carried forward 3,000,000 5,116 815,403 3,820,519