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|STATEMENT OF FINANCIAL A
FOR THE YEAR ENDED 31 MA|CTIVITIES
RCH 2021||||||
|---|---|---|---|---|---|---|
||||||2021|2020|
||||Unrestricted|Restncted|Total|Total|
|||Notes|funds
E|funds
E|funds
f|funds
E|
|INCOME AND ENDOWMENTS
Donations
and legacies|FROMI||40,524|78,916|119,440|21,057|
|Investment
income
Other income||2|107,659
80,475||107,659
80,475|126,348
83,225|
|Total|||228,658|78,916|307,574|230,630|
|EXPENDITURE ON|||||||
|Charitable
activities
General charitable
activities|||71,992|42,217|114,209|106,553|
|Net gains on investments||||||89,015|
|NET INCOME|||156,666|36,699|193,365|213,092|
|Transfers
between
funds||16|(3,507)|3,507|||
|Net movement
in funds|||153,159|40,206|193,365|213,092|
|RECONCILIATION
OF FUNDS|||||||
|Total funds brought
forward|||606,907|6,042|612,949|399,857|
|TOTAL FUNDS CARRIED FORWARD|||760,066|46,248|806,314|612,949|
##
|BALANCE SHEET||||
|---|---|---|---|
|31 IVIARCH 2021||||
|||2021|2020|
||Notes|F|F|
|FIXEDASSETS
Tangible assets
Investment
property|9
10|1,118,493
227,500|1,119,491
227,500|
|||1,345,993|1,346,991|
|CURRENT ASSETS
Debtors
Cash at bank and
in hand||20,516
145,259|6,475
94,596|
|||165,775|101,071|
|CREDITORS
Amounts
falling due within one year|12|(31,926)|(32,589)|
|NET CURRENT ASSETS||133,849|68,482|
|TOTAL ASSETS LESS CURRENT
LIABILITIES||1,479,842|1,415,473|
|CREDITORS
Amounts
falling due after more than one|year 13|(673,528)|(802,524)|
|NET ASSETS||806,314|612,949|
|FUNDS|16|||
|Unrestricted
funds:
General
fund
Capital fund||116,293
643,773|90,832
516,075|
|||760,066|606,907|
|Restricted
funds||46,248|6,042|
|TOTAL FUNDS||806,314|612,949|
##
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##
|INVESTMENTINC|OME|||||
|---|---|---|---|---|---|
|||||2021|2020|
|||||f||
|Rents 8 service charges||||107,659|126,348|
|Breakdown
of investment||income||||
|Rents and service|charges|||2021
f|2020
f|
|General
fund
Spetchells
fund||||19,354
88,305|21,826
104,522|
|Total||||107,659|126,348|
|CHARITABLE ACTIVITIES COSTS|||Direct|Grant||
||||Costs (see|funding
of||
||||note 4)
f|activities|Totals
f|
|General charitable|activities||104,209|10,000|114,209|
##
##
##
|Breakdown
of expenditure
|between
funds|||||
|---|---|---|---|---|---|
|Staff costs
Utilities
Insurance
Telephone|General
f
1,530
996|Spetchells
F
14,079
9,423
3,405
3,030|Otherf|2021f
15,609
9,423
4,401
3,030|2020
F
15,983
11,549
4,488
4,284|
|Printing,
stationary
&
advertising
Cleaning
8 maintenance
Accountancy
Professional
fees
Depreciation
Office costs
Interest
Other costs
Development
activities|7,638
1,235
158
1,975|175
15,067
3,011
1,394
998
238
7,618
22|13,607
18,610|176
15,067
3,011
22,639
998
1,473
7,618
1,145
20,585|226
20,767
2,661
6,141
998
1,876
7,919
1,145
7,318
16,708|
|Youth Project expenditure||||||
||13,532|58,460|32,217|104,209|102,063|
##
##
|Net income/(e|xpenditure)|is stated after charging/(credi|ing):||
|---|---|---|---|---|
||||2021|2020|
||||F|F|
||||998|998|
|Depreciation
Independent|- owned assets
examiners
fees||1,275|1,275|
##
##
##
##
##
|STAFF COSTS|||||||||
|---|---|---|---|---|---|---|---|---|
||||||||2021|2020|
||||||||E|F|
|Wages and salaries
Other pension costs|||||||15,253
356|15,623
360|
||||||||15,609|15,983|
|The average
monthly
number|of|employees||during|the year|was as follows:|||
||||||||2021|2020|
|Management
and administration|||||||2|2|
|No employees
received emoluments|||in excess of||f60,000.||||
|COMPARATIVES
FOR THE STATEMENT||||OF FINANCIAL||ACTIVITIES|||
|||||||Unrestricted|Restricted|Total|
|||||||funds|funds|funds|
|||||||F|E|E|
|INCOME AND ENDOWMENTS||FROM|||||||
|Donations
and legacies||||||1,816|19,241|21,057|
|Investment
income||||||126,348||126,348|
|Other income||||||80,190|3,035|83,225|
|Total||||||208,354|22,276|230,630|
|EXPENDITURE ON|||||||||
|Charitable
activities|||||||||
|General charitable
activities||||||77,773|28,780|106,553|
|Net gains on investments||||||89,015||89,015|
|NET INCOME/(EXPENDITURE)||||||219,596|(6,504)|213,092|
|Transfers
between
funds||||||50,875|(50,875)||
|Net movement
in funds||||||270,471|(57,379)|213,092|
|RECONCILIATION
OF FUNDS|||||||||
|Total funds brought
forward||||||336,436|63,421|399,857|
|TOTAL FUNDS CARRIED FORWARD||||||606,907|6,042|612,949|
##
##
##
|TANGIBLE FIXEDASSETS||||
|---|---|---|---|
|||Fixtures||
||Long|and||
||leasehold|fittings|Totals|
||E|F|E|
|COST||||
|At 1 April 2020 and 31 March 2021|1,117,500|62,534|1,180,034|
|DEPRECIATION||||
|At 1 April 2020||60,543|60,543|
|Charge for year||998|998|
|At 31 March 2021||61,541|61,541|
|NET BOOK VALUE||||
|At 31 March 2021|1,117,500|993|1,118,493|
|At 31 March 2020|1,117,500|1,991|1,119,491|
##
##
|FAIR VALUE||
|---|---|
|At 1 April 2020||
|and 31 March 2021|227,500|
|NET BOOK VALUE||
|At 31 March 2021|227,500|
|At 31 March 2020|227,500|
|11.|DEBTORS: AMOUNTS|DEBTORS: AMOUNTS|FALLING DUE WITHIN ONE YEAR|||
|---|---|---|---|---|---|
|||||2021|2020|
|||||E|E|
||Trade debtors|||2,201|5,373|
||Other debtors|||16|16|
||Prepayments|and accrued income||18,299|1,086|
|||||20,516|6,475|
##
|FOR|THE YEAR ENDED 31 MA|THE YEAR ENDED 31 MA|THE YEAR ENDED 31 MA|THE YEAR ENDED 31 MA|RCH 2021|RCH 2021|RCH 2021|RCH 2021|||
|---|---|---|---|---|---|---|---|---|---|---|
|12.|CREDITORS: AMOUNTS||||FALLING DUE WITHIN ONE YEAR||||||
||||||||||2021|2020|
||||||||||E|F|
||Bank loans|and overdrafts|||(see note 14)||||28,694|28,392|
||Trade creditors||||||||221||
||Social security and other||||taxes||||24|33|
||VAT||||||||72|2,879|
||Other creditors||||||||466|467|
||Accruals and deferred|||income|||||2,449|818|
||||||||||31,926|32,589|
|13.|CREDITORS: AMOUNTS||||FALLING DUE AFTER MORE THAN ONE||||YEAR||
||||||||||2021|2020|
||||||||||E|E|
||Bank loans|(see note||14)|||||673,528|802,524|
|14.|LOANS||||||||||
||An analysis|of the maturity|||of|loans is given|below:||||
||||||||||2021|2020|
||||||||||E||
||Amounts
falling due||within||one year on demand:||||||
||Bank loans||||||||28,694|28,392|
||Amounts
falling between||||one|and two years:|||||
||Bank loans|- 1-2years|||||||28,694|28,392|
||Amounts
falling due||between|||two and five years:|||||
||Bank loans|- 2-5 years|||||||86,081|85,176|
||Amounts
falling due||in|more than five years:|||||||
||Repayable|by instalments:|||||||||
||Bank loans|more 5 yr||by instal|||||341,787|371,988|
||Repayable|otherwise|than||by|instalments:|||||
||Bank loans|more 5 yrs||non-inst|||||216,966|316,968|
|15.|ANALYSIS|OF NET|ASSETS BETWEEN FUNDS||||||||
||||||||||2021|2020|
||||||||Unrestricted|Restricted|Total|Total|
||||||||funds|funds|funds|funds|
||||||||E|F|f|E|
||Fixed assets||||||1,118,493||1,118,493|1,119,491|
||Investments||||||227,500||227,500|227,500|
||Current assets||||||119,527|46,248|165,775|101,071|
||Current
liabilities||||||(31,926)||(31,926)|(32,589)|
||Long term|liabilities|||||(673,528)||(673,528)|(802,524)|
||||||||760,066|46,248|806,314|612,949|
##
|16.|MOVEMENT|IN FUNDS|||||||
|---|---|---|---|---|---|---|---|---|
|||||||Net|Transfers||
|||||||movement|between|At|
|||||At|1.4.20|in funds|funds|31.3.21|
|||||||E|||
||Unrestricted|funds|||||||
||General
fund|||90,831||6,151|19,311|116,293|
||Spetchells
fund
Capital
fund|||516,076||150,515|(150,515)
127,697|643,773|
|||||606,907||156,666|(3,507)|760,066|
||Restricted funds||||||||
||Community
Events|||5,192||2,775||7,967|
||Estelle Library|fund|||850|||850|
||Ebenezer Chapel|||||692|(692)||
||Energy Study
Pocket Park|||||27,642
5,590|4,199|27,642
9,789|
|||||6,042||36,699|3,507|46,248|
||TOTAL FUNDS|||612,949||193,365||806,314|
||Net movement|in funds,|included|in the above are|as follows:||||
|||||||Incoming|Resources|Movement|
|||||||resources|expended|in funds|
||||||||E|E|
||Unrestricted|funds|||||||
||General
fund|||||19,683|(13,532)|6,151|
||Spetchells
fund|||||208,975|(58,460)|150,515|
|||||||228,658|(71,992)|156,666|
||Restricted funds||||||||
||Community
Events|||||2,775||2,775|
||Youth Project|||||10,000|(10,000)||
||Ebenezer Chapel|||||2,002|(1,310)|692|
||Energy Study|||||39,939|(12,297)|27,642|
||Pocket Park|||||24,200|(18,610)|5,590|
|||||||78,916|(42,217)|36,699|
||TOTAL FUNDS|||||307,574|(114,209)|193,365|
##
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