##
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##
|||||Page|
|---|---|---|---|---|
|Reference and administrative||details ofthe company,|its Trustees and advisers||
|Trustees'
report||||2-7|
|Independent
auditors'|report|on the financial statements||8-10|
|Statement offinancial|activities||||
|Balance sheet||||12-13|
|Statement ofcash flows||||14|
|Notes tothe financial|statements|||15-40|
##
##
##
|Trustees|||Mrs C Bowditch, Chair|
|---|---|---|---|
||||Mrs G Ternent, Treasurer|
||||Mr TBaty|
||||Miss E Harkness,
Vice Chair|
||||Mrs J Harland|
||||Miss L Power|
||||Mrs C Bowman|
||||Mrs C Thompson|
||||Mr S Bowditch|
||||Mrs A Fletcher|
||||Mr N Steel|
||||Mr N Braiden|
||||Mrs
I Roberts-Green|
||||Miss SMcBean|
|Company|registered|||
|number|||05595628|
|Charity registered||||
|number|||1115348|
|Registered||office|Unit J3|
||||Duchess Avenue|
||||Kingmoor
Park North|
||||Carlisla|
||||Cumbria|
||||CA6 4SN|
|Company|secretary||Mrs SGregory|
|Independent||auditors|Armstrong
Watson Audit Limited|
||||Chartered
Accountants|
||||Faiiview House|
||||Victoria Place|
||||Carlisle|
||||Cumbria|
||||CA1 1HP|
|Bankers|||HSBC Pic|
||||PO Box5|
||||29 English Street|
||||Carlisle|
||||Cumbria|
||||CA3 8JW|
||||CAF Bank Ltd|
||||25 Kings
Hill Avenue|
||||Kings Hill|
||||West Mailing|
||||Kent|
||||ME194JQ|
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|||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|
|||||funds|funds|funds|funds|
||||Note|2020f|2020
8|2020
6|2019|
|Income from:||||||||
|Donations
and legacies||||17,007|119,340|136,347|247,744|
|Charitable
activities||||1,423,504|1,343,488|2,766,992|2,566,949|
|Other trading
activities||||6,024||6,024|19,271|
|Investments||||211||211|1,175|
|Other income||||86,620||86,620||
|Total income||||1,533,366|1,462,828|2,996,194|2,935,139|
|Expenditure
on:||||||||
|Raising funds|||9|6,373||6,373|19,432|
|Charitable
activities|||10|1,615,434|1,435,710|3,051,144|3,425,885|
|Total expenditure||||1,621,807|1,435,710|3,057,517|3,445,317|
|Net movement
in|funds before other|||||||
|recognised
gains/(losses)||||(88,441)|27,118|(61,323)|(510,'I 78)|
|Other recognised|gains/(losses):|||||||
|Actuarial gains/(losses)||on defined||||||
|benefit pension schemes|||25|431,000||431,000|(954,000)|
|Net movement
in|funds|||342,559|27,118|369,677|(1,464, '1 78)|
|Reconciliation
of|funds:|||||||
|Total funds brought|forward|||(1,680,542)|92,387|(1,588,155)|(123,977)|
|Net movement
in funds||||342,559|27,118|369,677|(1,464,178)|
|Total funds carried forward||||(1,337,983)|119,505|(1,218,478)|(1,588,155)|
##
##
|||||Note||2020
6||2019f|
|---|---|---|---|---|---|---|---|---|
|Fixed assets|||||||||
|Tangible assets||||15||894,685||933,466|
|||||||894,685||933,466|
|Current assets|||||||||
|Debtors||||16|210,443||238,351||
|Cash at bank and in hand|||||247,363||100,513||
||||||457,806||338,864||
|Creditors: amounts|falling due within one||||||||
|year||||17|(258,969)||(265,485)||
|Net current assets||||||198,837||73,379|
|Total assets less current liabilities||||||1,093,522||1,006,845|
|Creditors: amounts|falling due after more||||||||
|than one year||||18||(27,000)||(37,000)|
|Net assets excluding||pension|liability|||1,066,522||969,845|
|Defined benefit pension||scheme|liability|25||(2,285,000)||(2,558,000)|
|Total net assets||||||(1,218,478)||(1,588,155)|
##
##
##
||||||2020||20'I9|
|---|---|---|---|---|---|---|---|
|||||Note|||Z|
|Charity funds||||||||
|Restricted
funds||||19|119,505||92,387|
|Unrestricted
funds||||||||
|Unrestricted
funds|excluding|pension|asset|19|947,017|877,458||
|Pension reserve||||19|(2,285,000)|(2,558,000)||
|Total unrestricted|funds|||19|(1,337,983)||(1,680,542)|
|Total funds|||||(1,218,478)||(1,588,155)|
|The entity was entitled to exemption|||from audit|under|section 477 ofthe Companies|Act 2006.||
##
##
||FOR THE Y|EAR ENDED 30SEPTEMBER2|020||
|---|---|---|---|---|
||||2020|2019|
||||8|8|
|Cash flows from operating|activities||||
|Net cash used
in operating|activities||275,119|66,000|
|Cash flows from investing|activities||||
|Dividends,
interests
and rents from investments|||211|1,175|
|Purchase oftangible
fixed assets|||(10,230)|('I8,748)|
|Total benefits paid
in defined benefit pension scheme|||(115,000)|(140,000)|
|Interest paid|||(3,250)|(3,575)|
|Net cash used in investing|activities||(128,269)|(161,148)|
|Cash flows from financing|activities||||
|Net cash provided
by financing
activities|||||
|Change
in cash and cash|equivalents
in|the year|146,850|(95,148)|
|Cash and cash equivalents|at the beginning|ofthe year|100,513|195,66'I|
|Cash and cash equivalents|at the end of|the year|247,363|100,513|
|The notes on pages 15to 40form part ofthese financial statements|||||
##
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##
##
||Unrestricted|Restricted|Total|
|---|---|---|---|
||funds|funds|funds|
||2020f|2020
6|2020|
|Donations|16,170||16,170|
|Grants|837|119,340|120,177|
||17,007|119,340|136,347|
||Unrestricted|Restri cled|Total|
||funds|funds|funds|
||2019f|2019f|2019
6|
|Donations|18,989||18,989|
|Grants|1,158|227,598|228,756|
||20,f47|227,598|247,745|
##
|||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|
|||||funds|funds|funds|
|||||2020|2020|2020|
|||||6|6||
|Income|from|charitable|activities|1,423,504|1,343,468|2,766,992|
|||||Unrestricted|Restricted|Total|
|||||funds|funds|funds|
|||||2019f|2019|2019|
|Income|from|charitable|activities|1,431,070|1,235,878|2,666,948|
##
##
##
||||||Unrestricted|Total|
|---|---|---|---|---|---|---|
||||||funds|funds|
||||||2020|2020|
||||||6|8|
||Shop income||||6,024|6,024|
||||||Unrestricted|Total|
||||||funds|funds|
||||||20119|2019|
||||||8||
||Shop income||||19,27'I|19,271|
|7.|Investment|income|||||
||||||Unrestricted|Total|
||||||funds|funds|
||||||2020|2020|
|||||||6|
||Interest received||on investments||211|211|
||||||Unrestricted|Total|
||||||funds|funds|
||||||2019|2019|
||Interest received||on investments||1,175|1,175|
|8.|Other incoming||resources||||
|||||Unrestricted|Total|Total|
|||||funds|funds|funds|
|||||2020
8|2020|2019f|
||Job Retention Scheme Income|||86,620|86,620||
##
##
##
##
##
|||Unrestricted|Total|
|---|---|---|---|
|||funds|funds|
|||2020
8|2020f|
|Other fundraising|costs|1,210|1,210|
|Wages and salaries||2,518|2,518|
|Depreciation||72|72|
|Total 2020||3,800|3,800|
##
##
##
##
##
||||Unrestricted|Total|
|---|---|---|---|---|
||||funds|funds|
||||2019|2019f|
|Other fundraising||costs|10,130|10,130|
|Wages and|salaries||5,780|5,780|
|Depreciation|||225|225|
||||18,135|16,135|
|Fundraising|trading expenses||||
||||Unrestricted|Total|
||||funds|funds|
||||2020|2020|
||||K|K|
|Trading expenditure|||2,573|2,573|
##
##
##
##
|Unrestricted|Total|
|---|---|
|funds|funds|
|2019f|2019
E|
|3,297|3,297|
##
|Included
within
trading
expenditur|e
is:||
|---|---|---|
||2020 (6)|2019(6)|
|Wages and salaries|1,705|1,967|
|Depreciation|49|77|
|Other costs|819|1,253|
|Total|2,573|3,297|
##
##
|||Unrestricted|Restricted|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2020|2020|2020|
|||6|6|E|
|Charitable|activities|1,615,434|1,435,710|3,051,144|
|||Unrestricted|Restricted|Total|
|||funds|funds|funds|
|||2019|2019|2019|
|||||E|
|Charitable|activities|1,885,322|1,540,563|3,425,885|
##
##
##
##
||||Activities|||
|---|---|---|---|---|---|
||||undertaken|Support|Total|
||||directly|costs|funds|
||||2020|2020|2020|
||||6|6|6|
|Charitable
activities|||2,566,865|484,280|3,051,145|
||||Activities|||
||||undertaken|Support|Total|
||||directly|costs|funds|
||||2019|2019f|2019f|
|Charitable
activities|||2,925,838|500,048|3,425,886|
|Analysis ofdirect||costs||||
|||||Total|Total|
|||||funds|funds|
|||||2020
6|2019f|
|Pension finance costs||||46,000|35,000|
|Staff costs||||2,256,436|2,618,852|
|Depreciation||||28,410|25,870|
|Administration|expenses|||16,073|25,914|
|Maintenance|and cleaning|||25,685|30,987|
|Insurance||||14,259|11,081|
|Premises expenses||||11,201|18,011|
|Motor and travel||||24,834|34,813|
|Legal &professional||fees||14,466|'l3,'l83|
|Telephone||||11,720|16,388|
|Printing,
stationery,||postage &advertising||3,422|2,117|
|Training||||6,807|4,130|
|ITCosts||||48|179|
|Project costs||||96,264|72,203|
|Other expenses||||11,240|15,961|
|Loss/(profit)|on disposal offixed assets||||1,349|
|Total 2020||||2,566,865|2,925,838|
##
##
##
##
||||Total|Total|
|---|---|---|---|---|
||||funds|funds|
||||2020|2019|
||||8||
|Staff costs|||312,445|295,704|
|Depreciation|||8,992|11,495|
|Administration|expenses||2,160|7,541|
|Maintenance
and cleaning|||8,160|18,304|
|Insurance|||7,452|5,187|
|Premises expenses|||35,486|55,074|
|Motor and travel|||9,282|17,190|
|Legal 8 professional||fees|7,776|17,747|
|Telephone|||12,809|9,535|
|Printing,
stationery,||postage &advertising|8,505|10,430|
|Training|||10,297|15,115|
|ITCosts|||17,522|16,575|
|Other expenses|||16,905|5,213|
|Auditors
remuneration|||11,000|10,167|
|Interest payable|||3,250|3,484|
|Bad debt write|off||751||
|Loss/(profit)
on|disposal offixed assets||11,488|286|
|Total 2020|||484,280|500,048|
##
##
##
##
##
|FOR THE YEAR ENDED 30S
Staff costs|EPTEMBER2020||
|---|---|---|
||2020
6|2019f|
|Wages and salaries|2,169,601|2,284,195|
|Social security costs|152,026|158,275|
|Contributions
to pension schemes|251,476|479,831|
||2,573,103|2,922,301|
||||||2020|2019|
|---|---|---|---|---|---|---|
||||||No.|No.|
|Management||and administration|||11|11|
|Shop|||||2|2|
|Activities|in|furtherance|ofcharitable|objectives|132|130|
||||||145|143|
##
##
##
##
|||Long-term||||
|---|---|---|---|---|---|
||Freehold|leasehold|Motor|Fixtures and||
||property
6|property
f|vehicles
6|fittings
6|Total
6|
|Cost or valuation||||||
|At 1 October 2019|377,311|644,185|56,695|219,660|1,297,851|
|Additions||||10,230|10,230|
|Disposals||||(121,612)|(121,612)|
|At 30September 2020|377,311|644,185|56,695|108,278|1,186,469|
|Depreciation||||||
|At 1 October 2019|54,334|94,540|48,958|166,553|364,385|
|Charge for the year|7,546|12,883|1,934|15,160|37,523|
|On disposals||||(110,124)|(110,124)|
|At 30September 2020|61,880|107,423|50,892|71,589|291,784|
|Net book value||||||
|At 30September 2020|315,431|' 536,'762|5,803|36,689|894,685|
|At30September 2019|322,977|549,645|7,737|53,107|933,466|
##
|||2020|2019|
|---|---|---|---|
|||6|5|
|Due within one year||||
|Trade debtors||54,845|141,601|
|Wages control|account|2,745|1,505|
|Prepayments|and accrued income|152,853|95,245|
|||210,443|238,351|
##
##
##
##
|||||2020f|2019|
|---|---|---|---|---|---|
|Otherloans||||12,000|12,000|
|Trade creditors||||17,520|29,762|
|Other taxation and|social security|||32,121|40,789|
|Other creditors||||4,313|51,404|
|Accruals and deferred||income||193,015|f31,530|
|||||258,969|265,485|
|||||2020|2019|
|||||6|8|
|Deferred income at 1 October 2019||||117,638|118,803|
|Resources deferred|during the year|||114,105|117,638|
|Amounts
released|from previous||periods|(117,638)|(118,803)|
|||||114,105|117,838|
##
##
##
##
##
|Statement offunds|- cu|rrent y|ear|||||
|---|---|---|---|---|---|---|---|
||||||||Balance at|
||||Balance at 1||||30|
||||October|||Gains/|September|
||||2019|Income|Expenditure|(Losses)|2020|
||||6|6|E|8|E|
|Unrestricted
funds||||||||
|General
Funds - all|funds||877,458|1,533,366|(1,463,807)||947,017|
|Pension reserve|||(2,558,000)||(158,000)|431,000|(2,285,000)|
||||(1,680,542)|1,533,366|(1,621,807)|431,000|(1,337,983)|
|Restricted funds||||||||
|Gannet Foundation|(Sensory|||||||
|Equipment)||||4,360|||4,360|
|Sobell Foundation|||8,070|9,000|(12,761)||4,309|
|Heritage
Lottery Fund|||2,001||(1,590)||411|
|Royal Mencap
(Virtual||||||||
|Marathon)||||500|||500|
|AAS Big Lottery||||22,804|(13,394)||9,410|
|Francis C Scott - Stay Safe||||||||
|Online|||4,000||(4,000)|||
|Sports Development|||7,543||(7,543)|||
|Cumbria
Foundation|- Safer|||||||
|Together||||6,556|(6,556)|||
|Big Lottery - Adult Active||||||||
|Sundays|||15,732|15,806|(13,618)||17,920|
|California House equipment|||419||(419)|||
|North Cumbria
Children's||Short||||||
|breaks and Autism|||4,859|626,368|(626,365)||4,862|
|South Cumbria
Children's||Short||||||
|breaks and Autism|||4,858|626,368|(626,365)||4,861|
|Lottery- Healing together||||73,500|(23,500)||50,000|
|English Lakes|||797||||797|
|Children
in Need|||23,501||(12,226)||11,275|
|Cumbria
Youth Alliance-||||||||
|Emotional
Resillience|||6,000|6,000|(12,000)|||
|Police CC - Think Safe, Keep||||||||
|Safe|||6,534||(6,534)|||
|NHS Cumbria - Saturday||club||||||
|and playscheme|||2,793||(2,793)|||
|Cumbria
Youth Alliance -||SoKa|3,030|3,000|(6,030)|||
|Other Restricted Funds (See||||||||
|below note 1)|||2,250|68,566|(60,016)||10,800|
##
##
##
##
|State|ment offunds - c|urrent year (continued)||||||
|---|---|---|---|---|---|---|---|
||||||||Balance at|
|||Balance at 1|||||30|
|||October||||Gains/|September|
|||2019f|Income
f|Expenditure|f|(Losses)f|2020f|
|||92,387|1,462,828|(1,435,710)|||119,505|
|Total|offunds|(1,588,155)|2,996,194|(3,057,517)||431,000|(1,218,478)|
|Statement offund|s - prior year||||||
|---|---|---|---|---|---|---|
|||||||Balance at|
||Balance at|||||30|
||1October|||Transfers|Ge/nsl|September|
||2018f|Income|Expendituref|lnlout|(Losses)f|2019f|
|Unrestricted|||||||
|funds|||||||
|General Funds-|||||||
|all funds|937,267|1,471,663|(1,547,754)|16,202||677,456|
|Pension reserve|(1,247,000)||(357,000)||(954,000)|(2,558,000)|
||(309,733)|1,471,663|(1,904,754)|16,262|(954,000)|(1,680,542)|
##
##
##
##
|Statement offunds|- prior year (c|ontinued)|||||
|---|---|---|---|---|---|---|
|||||||Balance at|
||Balance at|||||30|
||1October|||Transfers|Gainsi|September|
||2018|Income|Expenditure
E|in/out|(Losses)
Z|2019f|
|Restricted funds|||||||
|Gannet|||||||
|Foundation|||||||
|(Sensory|||||||
|Equipment)|6,971||(6,971)||||
|Sobell Foundation||9,000|(930)|||8,070|
|Heritage
Lottery|||||||
|Fund|12,000||(9,999)|||2,001|
|Royal Mencap|||||||
|(Virtual Marathon)|6,046|1,703|(7,749)||||
|AAS Big Lottery|5,000||(5,000)||||
|Francis C Scott-|||||||
|Stay Safe Online||8,000|(4,000)|||4,000|
|Sports|||||||
|Development|6,000|13,600|(12,057)|||7,543|
|Cumbria|||||||
|Foundation
-Safer|||||||
|Together|20,66T||(20,667)||||
|Big Lottery - Adult|||||||
|Active Sundays|15,732|62,971|(62,971)|||15,732|
|California
House|||||||
|equipment||7,989||(7,570)||419|
|North
Cumbria|||||||
|Children's
Short|||||||
|breaks and Autism|2,108|617,939|(615,188)|||4,859|
|South Cumbria|||||||
|Children's
Short|||||||
|breaks and Autism|2,107|617,939|(615,188)|||4,858|
|Lottery - Healing|||||||
|together|95,T33||(95,733)||||
|English Lakes|10,000||(491)|(8,712)||797|
|Children
in Need||23,501||||23,501|
|Cumbria
Youth|||||||
|Alliance-|||||||
|Emotional|||||||
|Resillience||6,000||||6,000|
|Police CC - Think|||||||
|Safe, Keep Safe||7,000|(466)|||6,534|
|NHS Cumbria-|||||||
|Saturday
club and|||||||
|playscheme||78,679|(75,886)|||2,793|
|||||||Page 31|
##
##
##
##
|Statemen|t offunds|
- prior year (c|ontinusd)|||||
|---|---|---|---|---|---|---|---|
||||||||Balance st|
|||Balance ai|||||30|
|||1October|||Transfers|Gainer|September|
|||2018|Income
8|Expenditure|infout|(Losses)f|2019
E|
|Cumbria|Youth|||||||
|Alliance|- SoKa||6,000|(2,970)|||3,030|
|Other Restricted||||||||
|Funds (See below||||||||
|note 1)||3,392|3,155|(4,297)|||2,250|
|||185,756|1,463,476|(1,540,563)|(16,282)||92,387|
|Total of|funds|(123,977)|2,935,139|(3,445,317)||(954,000)|(1,588,155)|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|Summary|offunds|- current ye|ar|||||
|---|---|---|---|---|---|---|---|
||||||||Balance at|
||||Balance at 1||||30|
||||October|||Gains/|September|
||||2019
6|Income
f|Expenditure
f|(Losses)
6|2020
6|
|General funds|||(1,680,542)|1,533,366|(1,621,807)|431,000|(1,337,983)|
|Restricted|funds||92,387|1,462,828|(1,435,710)||119,505|
||||(1,588,155)|2,996,194|(3,057,51'7)|431,000|(1,218,478)|
|Summary|offunds|- prior year||||||
||||||||Balance at|
|||Balance et|||||30|
|||1October|||Transfers|Gainer|September|
|||2018|Income
f|Expenditure
f|in/out|(Losses)f|2019f|
|General funds||(309,733)|1,471,663|(1,904,754)|16,282|(954,000)|(1,680,542)|
|Restricted|funds|185,756|1,463,476|(1,540,563)|(16,282)||92,387|
|||(123,977)|2,935,139|(3,445,317)||(954,000)|(1,588, 155)|
##
##
##
##
|Analysis
Analysis|FOR THE YEAR ENDED 30SEP
ofnet assets between funds
of net assets between
funds - current period|TEMBER2020|||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total|
|||funds|funds|funds|
|||2020|2020|2020|
|||||6|
|Tangible fixed assets||775,180|119,505|894,685|
|Current assets||321,139|136,667|457,806|
|Creditors|due within one year|(149,302)|(109,667)|(258,969)|
|Creditors|due in more than one year||(27,000)|(27,000)|
|Provisions|for liabilities and charges|(2,285,000)||(2,285,000)|
|Total||(1,337,983)|119,505|(1,218,478)|
|Analysis|of net assets between funds - prior period||||
|||Unrestricted|Restricted|Total|
|||funds|funds|funds|
|||2019|2019|20'I9f|
|Tangible fixed assets||719,408|214,058|933,466|
|Current assets||289,266|49,598|338,864|
|Creditors|due within one year|(131,216)|(134,269)|(265,485)|
|Creditors|due in more than one year||(37,000)|(37,000)|
|Provisions|for liabilities and charges|(2,558,000)||(2,558,000)|
|Ttl||(1,680,542)|92,387|(1,588,155)|
##
##
##
##
##
|||||||||2020|2019|
|---|---|---|---|---|---|---|---|---|---|
|||||||||6|9|
||Net expenditure
for||the period (as||per Statement|of Financial|Activities)|(61,323)|(510,178)|
||Adjustments
for:|||||||||
||Depreciation
charges|||||||37,523|37,594|
||(Losses)/gains
on|investments||||||(211)|(1,175)|
||P&Lcosts for defined|||benefit pension scheme||||273,000|497,000|
||Loss on the sale of||fixed assets|||||11,488|1,514|
||Decrease
in debtors|||||||27,008|58,478|
||Increase/(decrease)||in creditors|||||(16,516)|(20,808)|
||Interest paid|||||||3,250|3,575|
||Net cash provided||by operating||activities|||275,110|66,000|
|23.|Analysis ofcash|and||cash equivalents||||||
|||||||||2020|2019|
||||||||||5|
||Cash
in hand|||||||247,363|100,513|
||Total cash and cash|||equivalents||||247,363|100,513|
|24.|Analysis
ofchanges|||in net debt||||||
||||||||At 1||At 30|
||||||||October||September|
||||||||2010|Cash flows|2020|
||||||||6|6|6|
||Cash at bank and|in|hand||||100,513|146,850|247,363|
||Debt due within
1 year||||||(12,000)||(12,000)|
||Debt due aRer 1 year||||||(37,000)|10,000|(27,000)|
||||||||51,513|156,850|208,363|
##
##
##
|Principal
actua|rial
assumptions
at the Balance sheet da|te (expressed as weighted
averages):||
|---|---|---|---|
|||At 30|At 30|
|||September|September|
|||2020|2019|
||||0/|
|Discount rate||1.7|1.8|
|Future salary increases||3.8|3.5|
|Future pension|increases|2.4|2.1|
|Inflation assumption||2.3|2.0|
|||At 30|At 30|
|||September|September|
|||2020|2019|
|||Years|Years|
|Mortality rates|(in years)|||
|-for a male aged 65 now||22.6|23.2|
|-at 65for a male aged 45 now||24.2|25.5|
|-for a female|aged 65 now|25.2|25.8|
|- at 65for a female aged 45 now||27.1|28.5|
##
##
|The company's
share ofthe assets in the scheme wa|s:||
|---|---|---|
||At 30|AI30|
||September|September|
||2020|2019|
||6||
|Equities|1,613,000|2,195,000|
|Debt instruments|873,000|1,186,000|
|Property|368,000|252,000|
|Cash and other liquid assets|422,000|20'/, 000|
|Other|1,313,000|836,000|
|Total fair value ofassets|4,589,000|4,670,000|
|The actual return
on sche|me assets was f(29,000)(2|019-f397,000).|019-f397,000).|||
|---|---|---|---|---|---|
|The amounts
recognised|in the Statement offinancial|activities are as follows:||||
|||||2020f|2019
6|
|Current service cost||||208,000|213,000|
|Past service cost||||15,000|245,000|
|Interest income||||(82,000)|('I23,000)|
|Net interest cost||||128,000|158,000|
|Administrative
expenses||||4,000|4,000|
|Total amount recognised|in the Statement offinancial||activities|273,000|497,000|
|Movements|Movements|in the present value ofthe defined benefit obligation|were as follows:||
|---|---|---|---|---|
||||2020|2019|
||||6||
|Opening|defined benefit obligation||7,228,000|5,428,000|
|Interest|cost||128,000|156,000|
|Contributions||by scheme participants|32,000|43,000|
|Actuarial|(gains)/losses||(415,000)|1,228,000|
|Benefits|paid||(322,000)|(87,000)|
|Current|service cost||208,000|213,000|
|Past service||costs|15,000|245,000|
|Closing|defined benefit obligation||6,874,000|7,228,000|
##
##
##
##
##
|Movements
in th|e fair valu|e ofthe com|pany's
share ofs|cheme assets w|ere as fo|llows:||
|---|---|---|---|---|---|---|---|
|||||||2020|2019|
|||||||6|5|
|Opening
fair value ofscheme assets|||||4,670,000||4,181,000|
|Expected return|on assets|||||82,000|123,000|
|Actuarial
gains||||||16,000|274,000|
|Contributions
by|employer|||||115,000|140,000|
|Contributions
by|scheme participants|||||32,000|43,000|
|Benefits paid||||||(322,000)|(87,000)|
|Administrative
expense||||||(4,000)|(4,000)|
|Closing fair value ofscheme assets|||||4,589,000||4,670,000|
|Operating
lease|commitments|||||||
|At 30 September|2020 the company||had commitments|to make future|minimum|lease payments
under||
|non-cancellable|operating|leases as follows:||||||
|||||||2020|2019|
||||||||5|
|Not later than
1 year||||||22,495|22,495|
|Later than
1 year and not||later than 5|years|||72,437|85,635|
|Later than 5years|||||||9,297|
|||||||94,932|117,427|
##