| (including | income and | expenditure acco |
unt) | ||||
|---|---|---|---|---|---|---|---|
| Year | Year | ||||||
| Ended | Ended | ||||||
| 31.03.21 | 31.03.20 | ||||||
| Notes | Unrestricted | Restricted | Total | Tatal | |||
| Funds | Funds | Funds | Funds | ||||
| E | 5 | ||||||
| INCOME FROM: | |||||||
| Donations 8 Legades | 1,079 | 1,079 | 741 | ||||
| Charitable InCome |
350 | 231,188 | 231,536 | 154,717 | |||
| Trading Income | 26,580 | 26,580 | 28,000 | ||||
| Other Income | 200 | 200 | 397 | ||||
| TOTAL | 28,209 | 231,188 | 259,397 | 183,855 | |||
| EXPENDITURE ON'. | |||||||
| Charitable Activities |
(1,084) | (153,280) | (154,364) | (185,182) | |||
| TOTAL | 1,084 | 153,280 | 154,364 | 165,182 | |||
| NET INCOMING | (OUTGOING) RESOURCES | ||||||
| FOR THE YEAR | BEFORETRANSFERS | 27,125 | 77,908 | 105,033 | 18,673 | ||
| TRANSFER BETWEEN FUNDS | 2,561 | (2,561) | |||||
| NET INCOMING | (OUTGOING) RESOURCES | ||||||
| FOR THE YEAR | AFTER TRANSFERS | 29,686 | 75,347 | 105,033 | 18,673 | ||
| RECOhiCILIATION | OF FUNDS | ||||||
| Total Funds Brought |
Forward | 17 | 2'l,643 | 32,934 | 54,577 | 35,904 | |
| TOTAL FUNDS C/FORWARD | 17 | 51,329 | 108,281 | 'l59,610 | 54,577 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| NOTES | 5 | ||||
| FIXEDASSETS | |||||
| Tangible Fixed Assets |
12 | ||||
| CURRENT ASSETS | |||||
| Debtors &Prepayrnents | 14 | 47,576 | 26,558 | ||
| Cash at Bank & In Hand | 158,134 | 141,216 | |||
| LIABILITIES: Amounts falling due within one year |
66 | 205.710 ~6. 9 ~46.69 |
167,774 113,198 113,198 |
||
| NET CURRENT ASSETS (LIABILITIES) | 159,016 | 54,576 | |||
| TOTAL NET ASSETS (LIABILITIES) | 54 577 | ||||
| ACCLIMULATED RESERVES | |||||
| Unrestncted Reserves |
17 | 51,329 | 21,643 | ||
| Restricted Reserves | 17 | 108,281 | 32,934 | ||
| 159,610 | 54,577 |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| Net movement in funds |
105,033 | 1&,673 | ||||
| Add back depreciation | 29& | 199 | ||||
| Decrease/(increase) in debtors |
(21,018) | (13,6&4) | ||||
| Increase/(decrease) in creditors |
(66,503) | 41,0&1 | ||||
| Net cash used in operating | activities | 17,808 | 46,269 | |||
| Cash flows from investment | activities: | |||||
| Purchase offixed assets |
(&90) | |||||
| Increase/(decrease) in cash |
and cash equivalents | during the year | 16,918 | 46,269 | ||
| Cash and cash equivalents | brought | forward | 141,216 | 94,947 | ||
| Cash and cash equivalents | carried forward | 158,134 | 141,216 |
| NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2021 1.ACCOUNTING POLICIES |
||
|---|---|---|
| (a) Basis of preparation and assessment of going concern |
||
| The accounts (financial statements) have been prepared under the historical cost convention with |
||
| items recognised at cost or transaction value unless otherwise stated in the relevant notes to these |
||
| accounts. The financial statements have been prepared in accordance with the Statement of |
||
| Recommended Practice. Accounbng and Reporting by Charities preparing their accounts in |
||
| accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland |
||
| (FRS 102) issued on 1stJanuary 2019and the Financial Reporting Standard applicable in the United |
||
| Kingdom and Republic of Ireland (FRS 102)and the Charities Act 2011. |
||
| The charity constitutes a public benefit entity ss defined by FRS 102. |
||
| The trustees consider that there are no material uncertainties about the charity's ability to continue |
||
| as a going concern. | ||
| (b) Funds structure | ||
| Restricted funds are funds which are to be used in accordance with specific. restrictions imposed |
by | |
| the donor or trust deed There are 8 restricted funds. |
||
| Unrestricted income funds comprise those funds which the trustees are free to use for any purpose |
in | |
| furtherance of the charitable obiects. Unrestricted funds include designated funds where the trustees, |
||
| at their discretion have created a fund for e specific purpose. |
||
| Further details ofeach fund are disdosed in note 17. |
||
| (c) Income recogmtion All income is recognised once the charity has entitlement to the mcorne, it is probable Ihat the |
||
| income will be received snd the amount of income receivable can be measured reliably. |
||
| Donations are recognised when the charity has been notified in writing of both the amount and |
||
| settlement date In the event that a donation is subject to conditions that require a level of performance |
||
| before the chsrity is entitled to the funds, the income is deferred end not recognised until either those |
||
| conditions are fully met, or the fulfilment of those conditmns is wholly within the control ofthe |
||
| charity and it is probable that those conditions will be fulfilled in the reporting period. Interest on funds held on deposit is included when receivable and the amount can be measured |
||
| reliably by the charity; this is normally upon notifiication ofthe interest paid or payable by the bank. |
||
| (d) Expenditure Recognition Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation commibing the charity to that expenditure, it is probable that settlement will be required and t'he |
||
| amount ofthe obhgation can be measured rehably. All expenditure is accounted for on an sccruals basis. All expenses including support costs and governance costs are allocated or spporiioned to the applicable expenditure headings. For more |
||
| information on this attribution refer to note (f) below. |
||
| (e) Irrecoverable VAT Irrecoverable VAT is charged against the expenditure heading for whiclt it was incurred |
| NOTES TO THE ACCOLINTS FOR THE YEAR ENDED 31 MARCH 2021 | |||
|---|---|---|---|
| (f) Allocation of support and governance costs |
|||
| Support costs have been allocated between governanoe costs and other support costs. Governance |
|||
| costs comprise all costs involving the public accountability ofthe charity and its compliance |
with | ||
| regulation and good practice. These costs include costs related to independent examination |
and legal | ||
| fees together with an apportionment of overhead and support costs. |
|||
| Governance costs and support costs relating to chantable activities have been apportioned |
based on | ||
| staff time and facilities used in each activity | |||
| The allocation ofsupport and governance costs is analysed in note 9. |
|||
| (g) Charitable Activities |
|||
| Costs ofcharitable activities include governance costs and an apportionment of support costs |
as | ||
| shown in Note 8, |
|||
| (h) Tangible fixed assets and depreciation | |||
| Fixed assets are included in the accounts at net book value. Additions of a single item or a |
group | ||
| ofsimilar assets exceeding F500, are capitaiissd at cost (valuation for donated assets) |
|||
| Depredation is provided to write offthe cost less the estimated residual valve oftangible fixed |
|||
| assets over their estimated useful hves as follows:- |
|||
| Computers & Office Equipment 33338k on cost |
|||
| Fixtures Fittings & Equipment 3333%on cost |
|||
| (i) Tsxatlon | |||
| The organisation is exempt from income tax by reason of its charitable status. Income lax |
|||
| suffered on investment income is reclaimed in full. The Chanty is not registered for VAT. |
|||
| ()) Pensions The charity currently does administer contributions to an auto enrolment pension scheme on |
behaff of | ||
| individuals. The chsnty has no liability beyond making its contributions and paying across the |
|||
| deduchons for the contributions |
|||
| (k) Commitments Under Operating Leases |
|||
| Rentals sre charged to income and expenditure as they fall due. |
|||
| (I) Debtors Trade and other debtom are recognised at the settlement amount due after any trade discount |
offered. | ||
| Prepayments are valued at the amount prepaid net of any trade discounts due. |
|||
| (m) Creditom Creditors and provisions are recognised where lhe charity has a present obligation resulting |
from a | ||
| past event that will probably msult in the transfer of the funds to a third party and the amount |
due to | ||
| settle the obligation can be measured ofestimated reliably. Creditors and provisions are normally |
|||
| recognised at their settlement amount after allowing for any trade discounts due. |
| NET INCOME | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| 2021 | 2020 | ||||||||
| f | f. | ||||||||
| Net income is stated after charging | |||||||||
| Depreciation - owned assets | 296 | 199 | |||||||
| Accountancy | 900 | 900 | |||||||
| INVESTMENT INCOME | 2021 f |
2020 | |||||||
| Bank Interest Recervable | |||||||||
| TAX ON SURPLUS Ols ORDINARY | ACTIVITIES | ||||||||
| UK Corporation Tax |
|||||||||
| EXPENDITURE ON CHARITABLE | ACTIVITIES | ||||||||
| 2021 | 2020 | ||||||||
| Activities | Total | Total | |||||||
| F. | |||||||||
| Employment Costs |
Staff Time | 107,388 | 107,385 | 92,615 | |||||
| Website & Publicity | Direct | 3,462 | 3,462 | 247 | |||||
| Project Resources | Direct | 1,931 | 1,931 | 4,424 | |||||
| Praject Training | Direct | 307 | |||||||
| Project Sessional Fees | Direct | 7,210 | 7,210 | ||||||
| Travel Expenses | Drrecl | 283 | 283 | 20,821 | |||||
| Events &Canierence | Drrect | 1.293 | |||||||
| Volunteer Expenses | Direct | 754 | |||||||
| Suppart Costs | 33,064 | 33,064 | 42,132 | ||||||
| Governance Costs |
1,026 | 1,026 | 2,589 | ||||||
| 154,364 | 154,364 | 165,182 | |||||||
| 2021 | 2020 | ||||||||
| Unrestncted | Funds | 1,084 | 32,587 | ||||||
| Restricted | Funds | 153,280 | 132,595 | ||||||
| 154,364 | 165,182 | ||||||||
| ALLOCATION OF GOVERNANCE | AND SUPPORT COSTS | ||||||||
| General | |||||||||
| Basis of Appodionmeni |
Support f |
Governance f |
2021 | Total | 2020 Total | ||||
| Support Costs Employment Costs Rent, Rates &Services Legal Fees Telephone and Internet Minor Computer Equipment Computer Software Staff Travel Staff Traimng Moving Costs Minor Equipment Printing, Post &Ststronery Insurance Publications &Subscriptions Miscellaneous Depreciation MC Travel & Meeting Expenses Payroll Bank Charges Accountancy |
Stsff Trme Vse affacdrtres Use otfsciii ties Vse offacilities Use offacilities Use of facilities Use offeei ii ties Use offacilities Use affsciiiffes t/ss affacilities Uss offacilities Vse offscikries Vss affacilities Vse offacilities Use offacilities Vse offacilities Use offacilities Use offsciiiliss Use af faarities |
11,932 10,595 30 1,352 1,476 1,069 399 1,075 225 970 703 746 986 14 296 1,174 22 33,064 |
126 1,026 |
11,932 10.595 30 1,352 1,476 1,069 399 1,075 225 970 703 746 985 14 296 126 1,174 22 900 |
10,291 21,853 1,251 1,427 507 3,316 49 584 321 717 606 206 199 1,689 781 24 900 447 1 |
| TOTAL RESOURCES EXPENDED (CONT...) | ||
|---|---|---|
| 2021 | 2020 | |
| STAFF COSTS: | E | f |
| Wages and Salaries | 111,327 | 97,660 |
| Social Security Costs | 6,223 | 3,804 |
| Pension Costs | 1,770 | 1,442 |
| 119,320 | 102,906 |
| DIRECTORS' (TRUSTEES) R | EMUNERATION | EMUNERATION | AND EXP | AND EXP | ENSES | ENSES | ENSES | ENSES | ENSES | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Na remuneration was paid or |
payable directly | or indirecfiy | out of the funds ofthe charity during | the | |||||||
| year to any directors/trustees | or | to any persons | known to | be connected | with any of | them. | |||||
| Except as disclosed below no |
reimbursement | ofexpenses | has been made | or is due | |||||||
| to be made to any of the trustees | in respect of the penod. | ||||||||||
| Trustee travel | 7 | trustees | E126 | ||||||||
| TANGIBLE FIXEDASSETS | |||||||||||
| Fixtures, | |||||||||||
| Fittings 8 | |||||||||||
| COST | Equipment E |
Website E |
Computers t |
Total E |
|||||||
| At I Apnl 2020 Additians |
1,374 | 3000 | 3,775 889 |
8,149 889 |
|||||||
| Disposals At 31 March 2021 |
1 374 | 3,000 | 4,664 | 9,038 | |||||||
| DEPRECIATION | |||||||||||
| At 1 April 2020 Charge forthe Penod |
1,374 | 3,000 | 3,774 296 |
8,148 296 |
|||||||
| Disposal s At 31 March 2021 |
1,374 | 3,000 | 4,070 | 8,444 | |||||||
| NET BOOK VALUE At 31 March 2021 |
594 | ||||||||||
| At 31 March 2020 | |||||||||||
| CAPITAL COMMITll/IENTS | 2021 | 2020 | |||||||||
| Contracted but not provided |
for | E nil | E ml | ||||||||
| DEBTORS | 2021 E |
2020 E |
|||||||||
| Other Debtors Accrued income Prepayments |
30.035 16,000 1.541 47,578 |
5,654 19,800 1,104 28,558 |
| LIABILITIES; AMOUNTS FA |
LLING | DU | E WITHIIII ONE YEA | R | ||||
|---|---|---|---|---|---|---|---|---|
| 2021 | 202D | |||||||
| E | E | |||||||
| Creditors | 5,992 | 2,931 | ||||||
| Deferred Inca me |
34,986 | 105,144 | ||||||
| Accruals | 5,716 | 2,123 | ||||||
| 46,694 | 113,198 | |||||||
| AB deferred income in 2021 |
8 2020 | relate to restricted funds. |
In 2021 accruals ofE3,372(2020:Eml) relate | to | ||||
| restncted funds |
||||||||
| DEFERRED INCDME | ||||||||
| 2021 | 2020 | |||||||
| Deferred income comprises | grants | paid | in advance. | E | ||||
| Balance as at 1st April 2020 | 108,144 | 53,417 | ||||||
| Amount released ta income |
earned | from | charitable activities |
(108,144) | (53,417) | |||
| AmOunt deferred in year |
34,988 | 108,144 | ||||||
| Balance *t31 Mamh 2021 | 34,986 | 108,144 | ||||||
| ANALYSIS OF CHARITABLE FUNDS | ||||||||
| Analysis ofilfovemenf | in Funds | Balance 1 | Balance 31 | |||||
| April 2020 | Incoming | Transfers | Outgoing | March 2021 | ||||
| Restricted Funds: | E | |||||||
| DIE | 38,010 | (2,561) | (26,003) | 9,446 | ||||
| Panlcus | 13 | 40,000 | (39,962) | 51 | ||||
| Lloyds Foundation | 5,739 | 74,645 | (43,276) | 37,108 | ||||
| HMRC JRS | 6,924 | (6,924) | ||||||
| Barrow Cadbury Trust Barrow Cadbury Trust 2020 IGEN |
10 3,125 8,491 |
20,000 | (10) | 23,125 8,491 |
||||
| J Leon | 2,639 | (154) | 2,485 | |||||
| Big Lottery Fund Tudor Trust 2020 Donations - Jersey Tatal Resfricted Funds. |
8,676 3,958 283 32934 |
25,275 23,334 231,188 |
2,561 | (36,951) 153,250 |
27,292 283 108,281 |
|||
| Vnrestrlcfed Funds: General |
18,556 | 28,209 | 1,933 | (788) | 47,910 | |||
| Designated - training Designated -capital fund Total Unrestricted Funds: |
2,825 262 21,643 |
28,209 | 628 2,581 |
296 'l,084 |
2,825 594 51,329 |
|||
| Total Funds | 54,577 | 259,397 | 154384 | 15961D | ||||
| Previous Year | Balance 1 | Balance 31 | ||||||
| April 2019 | Incoming | Transfem | Outgoing | March 2D20 | ||||
| Restricted Funds: Emsrnus Porticus Llayds Faundattan Barrow Cadbury Trust Barrow Cadbury Trust 202D IGEN JLean Big Lottery Fund CJS Tudor Trust Tudor Trust 2a20 Donations - Jersey Total Restricled Fundfr |
1,655 3,199 2,878 11 18,546 283 26,572 |
E 3,D46 10,000 18,661 12,667 5,000 14,750 40,000 29,000 5.833 138.957 |
E | E (4,701) (9,987) (12,922) (15,856) (1,575) (8,259) (239) (31,335) (47,546) (1.575) 132,595 |
E 13 5,739 10 3,125 8,491 2,639 8,676 3,958 283 32,934 |
|||
| Vnresfrfcted Funds: General Designated -traming Designated -capital fund Torsi Unrestricted Funds: |
5.997 2,874 461 9,332 |
44,898 44,898 |
(32,339) (49) 199 32,587 |
16,556 2,825 262 21,643 |
||||
| Toter Funds | 35,904 | 183,855 | 165152 | 54,577 |