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||Contents||
|---|---|---|
||Reference and Administration
information||
||Objectives and Activities||
||Background
to The Springhead
Trust||
||Mission, Objectives and Activities,||
||Public Benefit||
||Principal Achievements
of2020||
||Impact ofGovid-19 Pandemic||
||Education
Facilities and Activities||
||Protecting
and Conserving
the Environment||
||Arts and Culture||
||Community
Support and Involvement||
||Organisational
Improvements||
||Capital Works||
||Our Supporters||
||Plans for 2021 and Beyond||
||Structure,
Governance
and Management||
||Financial
Management
and Reporting|10|
||Statement
of Directors' Responsibilities|11a|
||Reporting
Accountant's
Statement|11b|
|Financial|Statements||
||Statement
offinancial
activity|12|
||Balance Sheet as of31 December 2019||
||Notes to the financia! statements|14-19|
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|||||||Notes||Total|Total|
|---|---|---|---|---|---|---|---|---|---|
|||||||||2020|2019|
|Incoming Resources||||||||||
|Incoming Resources generated||||from funds||||||
|Voluntary
Income|||||||2|17&,835|69,007|
|Activities for generating|funds||||||3|777|46,197|
|Investment
Income|||||||4|17|6,010|
|Incoming resources from||Charitable|||Activities||5|9,248|81,826|
|Other Incoming
resources|||||||||297|
|Total Incoming resources||||||||188,877|203,337|
|Resources expended||||||||||
|Cost of generating
funds||||||||||
|Cost of generating
voluntary|||income||||6|58,577|5,779|
|Activities for generating|funds||costs||||7|17,529|24,479|
|investment
management||costs|||||8|0|2,300|
|Charitable
Activities|||||||9|121,687|152,531|
|Governance
costs|||||||10|6,184|2,871|
|Total resources expended||||||||203,977|187,960|
|Net incomingl
(outgoing)||resources before||||||||
|transfers||||||||-15,100|15,377|
|Transfers||||||||||
|Net movement
in funds||||||||-15,100|15,377|
|Balances brought
forward||at|1|Jan 2020||||1,593,113|1,577,736|
|Balances canied forward at 31Dec 2020||||||||1,578,013|1,593,113|
##
|||||||2020|2019|
|---|---|---|---|---|---|---|---|
||||Notes||E|F|f|
|Fixed Assets||||||||
|Tangible Fixed assets||||||1,612,631|1,618,194|
|Current Assets||||||||
|Debtors||||13||4,652|2,978|
|Cash in hand and|at|bank||||77,925|26,494|
|||||||82,577|29,472|
|Liabilities: Amounts||falling due within one||||||
|year||||14||117,195|54,553|
|NET CURRENT ASSETS||||||-34,618|-25,081|
|TOTAL ASSETS|LESSCURRENT|||||||
|LIABILITIES||||||1,578,013|1,593,113|
|NET ASSETS||||||1,578,013|1,593,113|
|FUNDS||||||||
|Freehold
Property|fund|||||1,562,573|1,562,573|
|General unrestricted||funds||15||15,440|30,540|
|Restdicted||||16||0|0|
|TOTAL FUNDS||||17||1,578,013|1,593,113|
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||INVESTMENT MANAGEMENT
COSTS|||
|---|---|---|---|
|||2020|2019|
|||E|8|
||Supportcosts|0|2300|
||CHARITABLE ACTIVITIES COSTS|||
|||2020|2019|
||||F|
||Charitable
Events|637|2,976|
||Equipment|1,201|4,498|
||Training
&safety|1,356|2,092|
||Licenses and permits|2,264|1,070|
||Garden Maintenance|17,548|14,936|
||Catering
supplies|946|11,477|
||Cleaning
8 laundry|4,907|11,294|
||Advertising
and Promotion|12,733|6,353|
||Support costs|8kQK|9775|
|||121,687|152,531|
|10|GOVERNANCE COSTS|||
|||2020|2019|
||Accountancy|3,847|1,224|
||Legal Fees|0|247|
||Support costs|~3|1400|
|||6,184|2,871|
|Support cost|Voluntary|Generating|Investment|Charitable|Governance|Total 2020|
|---|---|---|---|---|---|---|
|type|Income|funds costs|costs|Activities|costs||
||cost|||costs|||
||20|||63|||
|Staff|11,074|8,305||34,882|1,107|55,368|
|Premises|11,331|8,498||35,691|1,133|56,653|
|Depreciation||||5,563||5,563|
|Office costs|968|726||3,049|97|4,840|
|ravel||||910||910|
|Total|23,373|17,529||80,095|2,337|123,334|
##
||||||||2020f|2019|
|---|---|---|---|---|---|---|---|---|
|||Salaries|||||55,368|66,409|
|||Salaries Fundraising
Coronavirus
Job Retention|||Scheme||14,000
~17|0
ft|
||||||||87,747|66,409|
|The|average|number ofemployees||analysed||by function was:|||
||||||||2020|2019|
|||Fundraising|||||||
|||Charitable|activities||||||
##
|TANGIBLE FIXEDASSETS||||
|---|---|---|---|
||Freehold|Fixtures 8|Total 2020|
||Property
f|Equipment
F|f|
|Cost|1,562,573|72,329|1,634,902|
|Additions|||0|
|Disposals|||0|
|31Dec2020|1562573|72329|1634902|
|Depreciation|0|16,708|16,708|
|Charge forthe year||5,563|5,563|
|On disposals|||0|
|31Dec2020|0|22 271|22 271|
|Net book value 31/12/19|1562573|60055|1612631|
|Net book value 01/01/20|1 562 573|55621|1 615194|
|DEBTORS|||||
|---|---|---|---|---|
||||2020|2019|
|||||6|
|Prepayments|||0|0|
|Debtors: VAT refund|||3,442|0|
|Accounts receivable|||1,210|2,978|
||||4,652|2,978|
|LIABILITIES FALLING DUE WITHIN ONE YEAR|||||
||||2020|2019|
|Trade creditors|||18,439|10,251|
|Damage Waiver Deposit|||0|300|
|Deposits and Payments||In Hand|53,860|0|
|Pupil Premium
paid|in advance||6,200|6,200|
|Turbine Loan|||2,000|2,000|
|Social security
&VAT|||1,696|802|
|ShortTerm
Loans|||35,000|35,000|
||||117,195|54,553|
##
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||||Balances|Income|Expenditure|Transfers||Balances|
|---|---|---|---|---|---|---|---|---|
||||01 Jan|||||31Dec|
||||2020|||||2020|
|Restricted Funds|||||||||
|None|||||||||
|Freehold Props||Fund|1,562,573|||||1,562,573|
|ccumulation|Fund||30,540|188,877|203,977|||15,440|
|Total Funds|||1,593,113|188,877|203,977||0|1,578,013|
|alance sheet by:|||
|---|---|---|
||2020|2019|
|||5|
|Fixed assets
Net current assets|1,612,631
~1|1,618,194
~01|
||1,578,013|1,593,113|