Company Registration Number: 04698585 Charity Registration Number: 1115997
MOOREND DEVELOPMENT TRUST LIMITED (A Company Limited By Guarantee)
TRUSTEES ANNUAL REPORT
and
FINANCIAL STATEMENTS Year Ended 30 June 2021
MOOREND DEVELOPMENT TRUST LIMITED
CONTENTS
| Page | |
|---|---|
| Members of the Board and Professional Advisers | 2 |
| Trustees’ Annual Report | 3 - 9 |
| Independent Examination | 10 |
| Statement of Financial Activities (incorporating the income | 11 |
| and expenditure account) | |
| Balance Sheet | 12 |
| Notes to the financial statements | 13 - 18 |
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MOOREND DEVELOPMENT TRUST LIMITED
MEMBERS OF THE BOARD AND PROFESSIONAL ADVISORS
| Registered Charity Name | Moorend Development Trust Limited |
|---|---|
| Charity Number | 1115997 |
| Company Number | 04698585 |
| Registered Office | Butterworth Hall Community Centre |
| New Street | |
| Milnrow | |
| Rochdale | |
| Lancashire | |
| OL16 3PQ | |
| Directors and Trustees | Mr David William Harding |
| Mr John Newton Stanley | |
| Dr Bryan Arthur Tenny | |
| Mr Nicholas John Andrews | |
| Mrs Irene Elizabeth Davidson | |
| Mr William George Caygill | |
| Cllr John Hartley | |
| Mr Peter Thomas Hook | |
| Mr Robert Andrew Mitchell (resigned 26/07/2021) | |
| Mrs Pauline Ann Mitchell | |
| Secretary | Dr Bryan Arthur Tenny |
| Independent Examiner | Community Accounting Lancashire C.I.C. |
| Foxfields | |
| 9 Norley Close | |
| Chadderton | |
| Oldham | |
| OL1 2RA | |
| Bankers | Virgin Money (Yorkshire Bank) |
| 9-11 Yorkshire Street | |
| Rochdale OL16 1JP | |
| Lloyds TSB | |
| 58 Yorkshire Street | |
| Rochdale OL16 1JP | |
| HSBC Bank | |
| 2 Yorkshire Street | |
| Rochdale OL16 1EE | |
| Epworth Investment Management Limited | |
| 2ndFloor, 9 Bonhill Street | |
| London EC2A 4PE |
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Annual
Report 2021
MoorEnd is a Community Regeneration Company limited by guarantee. Company registration no. 04698585 Registered as a Charity number 1115997
www.moorendtrust.org.uk
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INTRODUCTION
Aims/objectives
The aim is to improve social welfare through developing public amenities, increasing educational opportunities, particularly through the arts, and by preserving buildings of historical importance.
Structure, governance and management
MoorEnd Development Trust was set up by local people in March 2003 and is registered as a Company Limited by Guarantee: it is also a registered charity. The Trust is owned by the members, all residents, businesses or community & voluntary groups within the four wards of Pennines Township – Wardle & West Littleborough, Milnrow & Newhey, Smallbridge & Firgrove and Littleborough Lakeside. Membership numbers some 200 people, including businesses, individuals, community groups and other bodies.
As laid down in the Memorandum of Association, the Company's objects are:-
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1) To provide or assist in the provision of facilities in the interest of social welfare for recreation or other leisure time occupation of individuals who have need of such facilities by reason of their youth, age infirmity or disability, financial hardship or social circumstances with the object of improving their conditions of life;
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2) The maintenance, improvement or provision of public amenities;
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3) To promote and advance education for the public benefit, in particular but not exclusively in the arts.
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4) To promote the preservation and protection of the environment;
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5) To promote the preservation of buildings or sites of historic or architectural importance; And such other charitable purposes beneficial to the community as the trustees deem fit.
The members democratically set the direction for the Trust at the Annual General Meeting.
PROJECT REPORTS
Butterworth Hall Community Centre
Because of Covid19, the Hall was closed throughout the 2020-21 financial year except for being used as a collection centre for local charities under the government guidelines.
Pennines and Tim Bobbin Festival
Because of Covid 19, No events were held.
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Hare Hill House
Because of Covid19 Restrictions, the House was closed to public events and renovation working parties until after the restrictions were lifted in June. Grants to the House and the groups using the facilities in normal times were: £33,417 An agreement on the draft lease obtained from R.M.B.C. was still being negotiated.
Pennine Business and Tourism Forum
Because of Covid19 restriction, Small Business Saturday was not held.
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PEOPLE
The Management Committee/Board of the Trust have spaces for 17 directors: there are currently 8 vacancies: Irene Davidson Chairperson & Butterworth Hall Project Champion Bryan Tenny Secretary Nicholas Andrews Treasurer & Hare Hill House Champion George Caygill David Harding Peter Hook Pauline Mitchell Rob Mitchell Resigned 26[th] July 2021 John Stanley
Councillor John Hartley Pennines Township Committee nominee.
The Trust has 213 members comprising community & voluntary groups, businesses and individuals. Inclusion of local groups and societies means that the Trust has a sound basis in representing the aims and wishes of local people.
The Staff
The Trust employs no staff.
Accountants Community Accounting Lancashire C.I.C. Foxfields 9 Norley Close Chadderton Oldham OL1 2LA Bankers Virgin Money (Yorkshire Bank) 9-11 Yorkshire Street Rochdale OL16 1BL Lloyds Bank 58 Yorkshire St. Rochdale OL16 1JP HSBC 2 Yorkshire Street Rochdale OL16 1EE Epworth Investment Management Limited 2nd Floor, 9 Bonhill Street London EC2A 4PE
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FINANCE REPORT
The Accounts have been independently examined and approved by Community Accounting Lancashire C.I.C.
Balance Sheet (abbreviated) at 30 June 2021
| 2021 | 2020 | |||
|---|---|---|---|---|
| £ | £ |
£ | £ | |
| Fixed Assets | ||||
| Tangible Fixed Assets | 356,292 | 357,555 | ||
| Current Assets | ||||
| Debtors | - | - | ||
| Cash at Bank and in Hand | 142,701 | 121,916 | ||
| CREDITORS: Amounts falling due | ||||
| Within one year | (990) | (990) | ||
| NET CURRENT ASSETS | 141,711 | 120,926 | ||
| NET ASSETS | 498,003 | 478,481 | ||
| FUNDS OF THE CHARITY | ||||
| Unrestricted Funds | 452,026 | 440,181 | ||
| Restricted Funds | 45,977 | 38,300 | ||
| Total Funds | 498,003 | 478,481 |
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Grants received by the Trust
| Crook Hill Windfarm Community Fund | £5,000 |
|---|---|
| Power to Change C-19 Trading Income Support Scheme Grant | £10,459 |
| Yorkshire Building Society Charitable Foundation | £1,400 |
| Co-Op Local Community Fund (Butterworth Hall) | £1,695 |
| Co-Op Local Community Fund (Blokes) | £2,628 |
| Power to Change (CCLORS) | £9,930 |
| Groundwork Trust/Comic Relief Covid-19 Community Fund | £4,000 |
| £35,112 | |
| Rochdale MBC (Covid-19 Government Grants) | £17,669 |
| TOTAL | £52,781 |
Donations made by the Trust
No donations were made by the Trust.
Public Benefit
Our activities have delivered public benefit by complying with the company’s objectives as laid down in its Memorandum of Association. Specifically by providing communal facilities, preserving an historic building and maintaining cultural traditions.
The trustees have regard to the guidance issued by the Charity Commission on public benefit, and discuss this at our trustees meetings where we plan and make decisions for the carrying out of our activities to which the guidance is relevant.
Dr Bryan Arthur Tenny Secretary/Director
Date Approved: 06/12/2021
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MOOREND DEVELOPMENT TRUST LIMITED
TRUSTEES’ ANNUAL REPORT continued
YEAR ENDED 30 JUNE 2021
The trustees and directors for the purposes of company law, present their annual report and the unaudited financial statements of the charity for the year ended 30 June 2021.
The Board have adopted the provision of the Charities SORP (FRS 102) – Accounting and Reporting by Charities: Statement of Recommended practice applicable in the UK and Republic of Ireland (effective 1 January 2015, and including update bulletins on 2 February 2016 and 5 October 2018) in preparing the annual report and financial statements of the charity. The accounts have been prepared in accordance with the Companies Act 2006.
The trustees (who are also directors of Moorend Development Trust Ltd for the purposes of company law) are responsible for preparing the Trustees’ Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and with the provision for small companies.
Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources.
In preparing the financial statements, the directors are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which enable them to ensure that the financial statements comply with Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
In so far as the trustees are aware:
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there is no relevant audit information of which the charitable company’s auditors are unaware; and
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the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditor is aware of that information.
The report of the members of the board were approved by the Board on the 6[th] of December 2021 and signed on their behalf;
Dr Bryan Arthur Tenny Director
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MOOREND DEVELOPMENT TRUST LIMITED
REPORT TO THE MEMBERS ON THE UNAUDITED FINANCIAL STATEMENTS OF MOOREND DEVELOPMENT TRUST LIMITED
YEAR ENDED 30 JUNE 2021
I report on the accounts for the year ended 30 June 2021 set out on pages 11 to 18.
Respective Responsibilities of Trustees and Examiner
The charity’s trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (the 2006 Act). The trustees consider that an audit is not required for this year under s144 (2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
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Examine the accounts under s145 of the 2011 Act
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Follow the procedure laid down in the General Directions given by the Charity Commissioners (under s145(5)(b) of the 2011 Act, and
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To state whether particular matters have come to my attention.
Basis of Independent Examiners Opinion
My examination was carried out in accordance with General Directions given by the Charity commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items of disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an opinion as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.
Independent Examiners Statement
In connection with my examination, no matter has come to my attention:
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Which gives me reasonable cause to believe that, in any material respect, the requirements:
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To keep accounting records in accordance with s386 of the Companies Act 2006; and
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To prepare accounts which accord with the accounting records and to comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities have not been met; or
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to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
16[th] March 2022
Miss Jacqueline Bird F.M.A.A.T.
Community Accounting Lancashire C.I.C. Foxfields, 9 Norley Close, Chadderton, Oldham, OL1 2RA
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MOOREND DEVELOPMENT TRUST LIMITED
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING THE INCOME AND EXPENDITURE ACCOUNT)
YEAR ENDED 30 JUNE 2021
| Unrestricted Funds Restricted Funds 2021 2021 Notes £ £ Income from: Donations 2 - 120 Charitable activities 3 10,459 24,653 Other trading activities 4 10,337 - Other Income 5 17,669 - Investments 57 - Total 38,522 24,773 Expenditure on: Raising funds (fundraising expenses) - - Charitable activities 6 26,677 17,096 Other expenditure - - Total 26,677 17,096 Net income/(expenditure) 11,845 7,677 Reconciliation of funds: Total funds brought forward 440,181 38,300 Total funds carried forward 12 452,026 45,977 |
Total Funds 2021 £ 120 35,112 10,337 17,669 57 63,295 - 43,773 - 43,773 19,522 478,481 498,003 |
Total Funds 2020 £ 4,982 18,577 40,500 10,000 92 74,151 - 44,759 - 44,759 29,392 449,089 478,481 |
|---|---|---|
The statement of Financial Activities includes all gains and losses in the year and therefore a statement of total recognised gains and losses has not been prepared.
All of the above amounts relate to continuing activities.
The notes on pages 13 to 18 form part of these financial statements.
Note 13 on page 18 shows comparative information for the year ended 30 June 2020.
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MOOREND DEVELOPMENT TRUST LIMITED
BALANCE SHEET
AS AT 30 JUNE 2021
| Notes FIXED ASSETS Tangible Fixed Assets 7 CURRENT ASSETS Debtors 8 Cash at Bank and in Hand CREDITORS: Amounts falling due within one year 9 NET CURRENT ASSETS NET ASSETS FUNDS OF THE CHARITY Unrestricted Funds Restricted Funds TOTAL FUNDS 12 |
2021 £ - 142,701 142,701 (990) |
£ 356,292 141,711 498,003 452,026 45,977 498,003 |
2020 £ - 121,916 121,916 (990) |
£ 357,555 120,926 478,481 440,181 38,300 478,481 |
|---|---|---|---|---|
For the year ending 30 June 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director’s responsibilities:
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i. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476
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ii. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The accounts are prepared in accordance with the provisions applicable to companies’ subject to the small companies’ regime.
The balance sheet was approved by the Board of Directors on the 6[th] of December 2021 and signed on its behalf by:
Dr Bryan Arthur Tenny Director
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MOOREND DEVELOPMENT TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30 June 2021
1. ACCOUNTING POLICIES
Basis of accounting
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) issued on 16 July 2014 (as updated through Update Bulletin 1 published on 2 February 2016 and also Update Bulletin 2 published on 5 October 2018) – (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Incoming Resources
All income is recognised once the charity has entitlement to the income.
Grants are credited to revenue on a receivable basis, and Rental Income and Donations are accounted for as received by the charity. All income is allocated to appropriate funds based on the income, and the amount of income receivable can be measured reliably.
Restricted funds are to be used for specified purposes as laid down by the donor. Expenditure which meets these criteria’s is identified to the fund, together with a fair allocation of overheads and support costs.
Unrestricted funds are donations and other incoming resources received or generated for charitable purposes.
Resources Expended
All expenditure is accounted for on an accruals basis.
All expenses including support costs and governance costs are allocated or apportioned to applicable expenditure headings.
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that settlement will be required, and the amount for the obligation can be measured reliably.
Cash flow statement
The trustees have taken advantage of the exemption in Financial Reporting Standard No 1 (revised) from including a cash flow statement in the financial statements on the grounds that the company is small.
Fixed assets
Land and Buildings – measured at fair value. Furniture and Equipment – initially recorded at cost and depreciated at 20% on a reducing balance basis.
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MOOREND DEVELOPMENT TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30 June 2021
| 2. | Income from Donations | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | 2021 | 2020 | ||
| Funds | Funds | Total Funds | Total Funds | ||
| £ | £ | £ | £ | ||
| MoorEnd Trust | - | - | - | 3,051 | |
| Hare Hill House (Donation Box) | - | 120 | 120 | 1,931 | |
| General Donations | - | - | - | - | |
| - | 120 | 120 | 4,982 | ||
| 3. | Income from Charitable Activities |
| ncome from Charitable Activities | ||||
|---|---|---|---|---|
| Unrestricted | Restricted | 2021 | 2020 | |
| Funds | Funds | Total Funds | Total Funds | |
| £ | £ | £ | £ | |
| Grant Income: | ||||
| Power to Change (CCLORS) | - | 9,930 | 9,930 | - |
| Power to Change C-19 Trading Income Support | 10,459 | - | 10,459 | - |
| Groundwork/Comic Relief Community Fund | - | 4,000 | 4,000 | - |
| Yorkshire Building Society (Meet Up Grant) | - | 1,400 | 1,400 | - |
| Action Together | - | - | - | 528 |
| RMBC/HMR CCG (Meet Up Grant) | - | - | - | 7,425 |
| Forever Manchester (Meet Up Christmas Party) | - | - | - | 200 |
| Forever Manchester (Covid-19 Blokes) | - | - | - | 500 |
| RMBC Pennines Township Committee (Blokes) | - | - | - | 4,294 |
| Crook Hill Windfarm Community Fund ** | - | 5,000 | 5,000 | - |
| Co-Op Community Fund (Blokes) | - | 2,628 | 2,628 | 684 |
| Co-Op Community Fund (Butterworth Hall) | - | 1,695 | 1,695 | 593 |
| Co-Op Community Fund (Meet Up Grant) | - | - | - | 4,341 |
| Charity Aid Foundation | - | - | - | 12 |
| 10,459 | 24,653 | 35,112 | 18,577 |
** Funds received in this financial year for the Crook Hill Windfarm Community Fund which showed as £5,000 restricted expenditure under Hare Hill House in last years’ accounts (year ended 30[th ] June 2020).
4. Income from Other Trading Activities
| Unrestricted | Restricted | 2021 | 2020 | |
|---|---|---|---|---|
| Funds | Funds | Total Funds | Total Funds | |
| £ | £ | £ | £ | |
| Rental Income Butterworth Hall | 1,385 | - | 1,385 | 18,195 |
| Rental Income Hare Hill House | 8,862 | - | 8,862 | 10,761 |
| Hare Hill House Events | - | - | - | 5,744 |
| Other Rental Income | 90 | - | 90 | 5,800 |
| 10,337 | - | 10,377 | 40,500 |
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MOOREND DEVELOPMENT TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30 June 2021
5. Other Income
| Unrestricted Funds Restricted Funds £ £ National Localised Restrictions Support Grant 1,334 - Tier 4 Localised Restrictions Support Grant 2,239 - Closed Business Lockdown Grant 4,000 - National LRSG (Closed) Addendum Grant 2,096 - Restart Grant 8,000 - Retail, Hospitality & Leisure Covid-19 Grant - - 17,669 - |
2021 Total Funds £ 1,334 2,239 4,000 2,096 8,000 - 17,669 |
2020 Total Funds £ - - - - - 10,000 10,000 |
|---|---|---|
During the period the charity benefitted from a total of £17,669 of Government Grants, received from Rochdale MBC. In accordance with accounting policy, this credit is included in ‘Other Income’ within the ‘Statement of Financial Activities (incorporating the Income and Expenditure Accounts)’ in the period for which they compensate.
6. Expenditure on Charitable Activities
| Unrestricted Support Costs Unrestricted Direct Costs Restricted Direct Costs Unrestricted Governance Costs £ £ £ £ Hare Hill House Cafe - - - - Hare Hill House Meet Up - 311 10,304 - Hare Hill House 1,119 11,454 6,768 - Pennine Business Tourism Group - - - - Blokes - - 24 - Butterworth Hall - 9,253 - - Bank Charges - - - 99 Meetings and Sundry Expenditure 45 2,130 - 13 Accountancy Fees - - - 990 Depreciation - 1,263 - - 1,164 24,411 17,096 1,102 Total resources expended are stated after charging: 2021 £ Independent Examination fees 990 |
2021 Total Funds £ - 10,615 19,341 - 24 9,253 99 2,188 990 1,263 43,773 |
2020 Total Funds £ - 9,901 18,942 11 711 10,310 97 2,517 990 1,280 44,759 2020 £ 990 |
|---|---|---|
No Trustees were paid any remuneration or expenses during the course of the year (2020: £nil).
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MOOREND DEVELOPMENT TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30 June 2021
7. Tangible Fixed Assets
| Cost or Valuation Cost/Value at 30thJune 2020 Additions Cost/Value at 30thJune 2021 Accumulated Depreciation Accumulated Depreciation at 1stJuly 2020 Depreciation charge for the year Accumulated Depreciation at 30thJune 2021 Net Book Value Net Book Value at 30thJune 2021 Net Book Value at 30thJune 2020 |
Land & Building Furniture & Equipment £ £ 351,240 36,505 - - 351,240 36,505 - 30,190 - 1,263 - 31,453 351,240 5,052 351,240 6,315 |
Total £ 387,745 - 387,745 30,190 1,263 31,453 356,292 357,555 |
|---|---|---|
8. Debtors
| ebtors | ||
|---|---|---|
| 2021 | 2020 | |
| £ | £ | |
| Prepayments and Accrued Income | - | - |
| reditors: Amounts falling due within one year | ||
| 2021 | 2020 | |
| £ | £ | |
| Accruals | 990 | 990 |
9. Creditors: Amounts falling due within one year
10. Company Status
The charity is limited by guarantee and has no share capital. There are 213 members and the liability of each member in the event of winding up is limited to £1.
11. Related Parties
There were no related party transactions during the year.
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MOOREND DEVELOPMENT TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30 June 2021
| 12. Movement of Funds | ||||
|---|---|---|---|---|
| Balance | Incoming | Resources | Balance | |
| as at | Resources | Expended | as at | |
| 1 July 2020 | 30 June 2021 | |||
| £ | £ | £ | £ | |
| Unrestricted Funds: | ||||
| Capital Funds | 357,555 | - | (1,263) | 356,292 |
| General Funds | 46,328 | 38,522 | (21,416) | 63,434 |
| Designated Funds | 36,298 | - | (3,998) | 32,300 |
| 440,181 | 38,522 | (26,677) | 452,026 | |
| Restricted Funds: | ||||
| Tim Bobbin Festival | 1,396 | - | - | 1,396 |
| Action Together (Covid-19 Meet Up) | 528 | - | (502) | 26 |
| RMBC/HMR CCG (Meet Up Grant) | 1,825 | - | (1,825) | - |
| Forever Manchester (Covid-19 Blokes) | 500 | - | - | 500 |
| RMBC Pennines Township Committee (Blokes) | 4,256 | - | (24) | 4,232 |
| Co-Op Community Fund (Blokes) | 684 | 2,628 | - | 3,312 |
| Co-Op Community Fund (Butterworth Hall) | 593 | 1,695 | - | 2,288 |
| Co-Op Community Fund (Meet Up Grant) | 240 | - | (240) | - |
| Hare Hill House** | 27,425 | 5,000 | - | 32,425 |
| Donations | 853 | 120 | (45) | 928 |
| Yorkshire Building Society (Meet Up Grant) | - | 1,400 | (530) | 870 |
| Power to Change (CCLORS) | - | 9,930 | (9,930) | - |
| Comic Relief/Groundwork Community Fund | - | 4,000 | (4,000) | - |
| Pennine Business and Tourism Group | - | - | - | - |
| 38,300 | 24,773 | (17,096) | 45,977 | |
| Total Funds | 478,481 | 63,295 | (43,773) | 498,003 |
** Includes funds received for the Crook Hill Windfarm Community Fund (shown as £5,000 restricted expenditure under Hare Hill House in last years’ accounts).
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MOOREND DEVELOPMENT TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30 June 2021
13. Comparative Information (previous year)
| Unrestricted Funds Restricted Funds 2020 2020 Notes £ £ Income from: Donations 2 4,129 853 Charitable activities 3 12 18,565 Other trading activities 4 40,500 - Other Income 5 10,000 - Investments 92 - Total 54,733 19,418 Expenditure on: Raising funds (fundraising expenses) - - Charitable activities 6 29,389 15,370 Other expenditure - - Total 29,389 15,370 Net income/(expenditure) 25,344 4,048 Reconciliation of funds: Total funds brought forward 414,837 34,252 Total funds carried forward 12 440,181 38,300 |
Total Funds 2020 £ 4,982 18,577 40,500 10,000 92 74,151 - 44,759 - 44,759 29,392 449,089 478,481 |
|---|---|
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