| Pages | |||
|---|---|---|---|
| Trustees' Annual Report |
2to 3 | ||
| Independent Examiner's |
Report | 4to4 | |
| Statement ofFinancial Activities |
StoS | ||
| Summary Income and Expenditure |
Account | 6to6 | |
| Balance Sheet | 7to7 | ||
| Statement ofCash flows | Bto8 | ||
| Notes tothe Accounts | 9to 14 | ||
| Detailed Statement ofFinancial Activities | 15to 16 |
| for the year | ended 31March | 2021 | |||
|---|---|---|---|---|---|
| Unrestricted | |||||
| funds | Total funds | Total funds | |||
| 2021 | 2021 | 2020 | |||
| Notes | E | E | E | ||
| Income and | endowments | ||||
| from: | |||||
| Donations | and legacies | 20,953 | 20,953 | 5,681 | |
| Charitable | activities | 1,028 | 1,028 | 1,185 | |
| Investments | 43,000 | 43,000 | 43,000 | ||
| Total | 64,981 | 64,981 | 49,866 | ||
| Expenditure | on: | ||||
| Other | 41,465 | 41,465 | 24,870 | ||
| Total | 41,465 | 41,465 | 24,870 | ||
| Net gains on | investments | ||||
| Net income | 23,516 | 23,516 | 24,996 | ||
| Transfers between funds |
|||||
| Net income | before other | ||||
| gains/(losses) | 23,516 | 23,516 | 24,996 | ||
| Other gains and losses | |||||
| Net movement in funds |
23,516 | 23,516 | 24,996 | ||
| Reconciliation offunds: |
|||||
| Total funds brought forward | 1,513,567 | 1,513,567 | 1,488,571 | ||
| Total funds carried forward | 1,537,083 | 1,537,083 | 1,513,567 |
| 2021 | 2020 | ||
|---|---|---|---|
| E | E | ||
| Income | 21,981 | 6,866 | |
| Interest and investment | income | 43,000 | 43,000 |
| Gross income for the year | 64,981 | 49,866 | |
| Expenditure | 41,465 | 24,870 | |
| Total expenditure for the year |
41,465 | 24,870 | |
| Net income before tax for the year | 23,516 | 24,996 | |
| Net income forthe year | 23,516 | 24,996 |
| at 31March 2 | 02 | 1 | 1 | 1 | |||
|---|---|---|---|---|---|---|---|
| Company No. |
05484099 | Notes | 2021 | 2020 | |||
| g | |||||||
| Fixed assets | |||||||
| Investments | 9 | 1,544,473 | 1,544,473 | ||||
| 1,544,473 | 1,544,473 | ||||||
| Current assets | |||||||
| Debtors | 10 | 25,000 | 25,000 | ||||
| Cash at bank | and | in hand | 49,693 | 31,389 | |||
| 74,693 | 56,389 | ||||||
| Creditors: Amount | falling due within one year | 11 | (82,083) | (87,295) | |||
| Net current liabilities | (7,390) | (30,906) | |||||
| Total assets less current | liabilities | 1,537,083 | 1,513,567 | ||||
| Net assets excluding | pension asset or liability | 1,537,083 | 1,513,567 | ||||
| Total net assets | 1,537,083 | 1,513,567 | |||||
| The funds ofthe charity | |||||||
| Restricted funds | 12 | ||||||
| Unrestricted funds |
12 | ||||||
| General funds | 987,083 | 963,567 | |||||
| 987,083 | 963,567 | ||||||
| Reserves | 12 | ||||||
| Revaluation | reserve | 550,000 | 550,000 | ||||
| 550,000 | 550,000 | ||||||
| Total funds | 1,537,083 | 1,513,567 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| 6 | 6 | |||
| Cash flows from operating | activities | |||
| Net income per Statement | ofFinancial Activities | 23,516 | 574,996 | |
| Adjustments for: |
||||
| Dividends, interest and |
rents from investments | (43,000) | (43,000) | |
| Increase in trade and other receivables |
(25,000) | |||
| (Decrease)/Increase in trade and other |
payables | (5,212) | 15,551 | |
| Net cash (used in)/provided | by operating | activities | (24,696) | 522,547 |
| Cash flows from investing | activities | |||
| Dividends, interest and |
rents from investments | 43,000 | 43,000 | |
| Net cash from investing activities |
43,000 | 43,000 | ||
| Net cash from finandng activities |
||||
| Net increase in cash and cash equivalents | 18,304 | 565,547 | ||
| Cash and cash equivalents | at the beginning ofthe year | 31,389 | 15,843 | |
| Cash and cash equivalents | at the end ofthe year | 49,693 | 581,390 | |
| Components ofcash and cash equivalents |
||||
| Cash and bank balances | 49,693 | 31,389 | ||
| 49,693 | 31,389 |
| last year and no cha | last year and no cha | nges have been made to accounts for previous years. | |||||||
|---|---|---|---|---|---|---|---|---|---|
| Fund accounting | |||||||||
| Unrestricted | funds | These are available for use at the discretion ofthe trustees in furtherance |
ofthe | ||||||
| general objects ofthe charity. | |||||||||
| Designated | funds | These are unrestricted funds earmarked by the trustees |
for particular | purposes. | |||||
| Revaluation | funds | These are unrestricted funds which include a revaluation |
reserve representing | the | |||||
| restatement of investment assets at their market values. |
|||||||||
| Restricted funds | These are available for use subject to restrictions imposed |
by the donor | or | through | |||||
| terms ofan appeal. | |||||||||
| Income | |||||||||
| Recognition | of | Income is included in the Statement ofFinancial Activities |
(SoFA) when | the | charity | ||||
| income | becomes entitled to, and virtually certain to receive, the |
income and the amount of | |||||||
| the income can be measured with sufficient reliability. |
|||||||||
| Income with | related | Where income has related expenditure the income and |
related expenditure | is | |||||
| expenditure | reported gross in the SoFA. | ||||||||
| Donations and |
Voluntary income received by way ofgrants, donations and gifts is included |
in the | |||||||
| legacies | the SoFA when receivable and only when the Charity has |
unconditional | |||||||
| entitlement tothe income. |
|||||||||
| Tax reclaims | on | Income from tax reclaims is included in the SoFA at the same time as the |
|||||||
| donations and gifts |
gift/donation to which it relates. |
||||||||
| Donated services | These are only included in income (with an equivalent amount in expenditure) |
||||||||
| and facilities | where the benefit tothe Charity is reasonably quantifiable, |
measurable | and | ||||||
| material. | |||||||||
| Volunteer help |
The value ofany volunteer help received is not included |
in the accounts. | |||||||
| Investment | income | This is included in the accounts when receivable. |
|||||||
| Gains/(losses) on |
This includes any gain or loss resulting from revaluing investments to market |
value | |||||||
| revaluation | offixed | at the end ofthe year. | |||||||
| assets | |||||||||
| Gains/(losses) on |
This includes any gain or loss on the sale of investments. |
||||||||
| investment assets |
| Expenditure | Expenditure | ||||
|---|---|---|---|---|---|
| Recognition | of | Expenditure is recognised on an accruals basis. Expenditure includes any VAT which |
|||
| expenditure | cannot be fully recovered, and is reported as part ofthe expenditure to which it |
||||
| relates. | |||||
| Expenditure | on | These comprise the costs associated with attracting voluntary |
income, fundraising | ||
| raising funds | trading costs and investment management costs. |
||||
| Expenditure | on | These comprise the costs incurred by the Charity in the delivery ofits activities and |
|||
| charitable | activities | services in the furtherance ofits objects, including the making |
of | grants and | |
| governance costs. |
|||||
| Grants payable | All grant expenditure is accounted for on an actual paid basis |
plus | an accrualfor | ||
| grants that have been approved by the trustees at the end of |
the | year but not yet | |||
| paid. | |||||
| Governance | costs | These include those costs associated with meeting the constitutional and statutory |
|||
| requirements ofthe Charity, including any audit/independent |
examination fees, |
||||
| costs linked tothe strategic management ofthe Charity, together |
with a share of | ||||
| other administration costs. |
|||||
| Other expenditure | These are support costs not allocated to a particular activity. |
| 3 Statement |
ofF | inancial | Activities - prior year | ||||
|---|---|---|---|---|---|---|---|
| Unrestricted | |||||||
| funds | Totalfunds | ||||||
| 2020 | 2020 | ||||||
| Income and endowments | from: | ||||||
| Donations | and | legacies | 5,681 | 5,681 | |||
| Charitable | activities | 1,107 | 1,107 | ||||
| Other trading activities | 78 | 78 | |||||
| Investments | 43,000 | 43,000 | |||||
| Total | 49,866 | 49,866 | |||||
| Expenditure on: |
|||||||
| Other | 24,870 | 24,870 | |||||
| Total | 24,870 | 24,870 | |||||
| Net income | 24,996 | 24,996 | |||||
| Transfers between | funds | 550,000 | 550,000 | ||||
| Net income before other | |||||||
| gains/(losses) | 574,996 | 574,996 | |||||
| Other gains and losses: | |||||||
| Net movement | in | funds | 574,996 | 574,996 | |||
| Reconciliation | offunds: | ||||||
| Total funds brought forward | 938,571 | 938,571 | |||||
| Total funds carried forward | 1,513,567 | 1,513,567 | |||||
| 4 Income from donations |
and legacies | ||||||
| Unrestricted | Total | Total | |||||
| 2021 | 2020 | ||||||
| 7,554 | 7,554 | 3,817 | |||||
| 11,605 | 11,605 | ||||||
| 1,794 | 1,794 | 1,864 | |||||
| 20,953 | 20,953 | 5,681 |
| Unrestricted | Total | Total |
|---|---|---|
| 2021 | 2020 | |
| 172 | 172 | 78 |
| 856 | 856 | 1,107 |
| 1,028 | 1,028 | 1,185 |
| Unrestricted | Total | Total | |||
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| 43,000 | 43,000 | 43,000 | |||
| 43,000 | 43,000 | 43,000 | |||
| 7 | Other expenditure | ||||
| Unrestricted | Total | Total | |||
| 2021 | 2020 | ||||
| Motor and travel costs | 3,480 | ||||
| Premises costs | 20,083 | 20,083 | 20,535 | ||
| General administrative | costs | 21,382 | 21,382 | 855 | |
| 41,465 | 41,465 | 24,870 |
| No employee received emoluments in excess of Investments |
E60,000. | |
|---|---|---|
| Freehold | ||
| Investment | ||
| Property | Total | |
| 6 | f | |
| Cost or revaluation | ||
| At 1April 2020 | 1,544,473 | 1,544,473 |
| At 31March 2021 | 1,544,473 | 1,544,473 |
| Net book values | ||
| At 31March 2021 | 1,544,473 | 1,544,473 |
| At 31March 2020 | 1,544,473 | 1,544,473 |
| 10 | Debtors | ||||
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| 6 | 6 | ||||
| Other debtors | 25,000 | 25,000 | |||
| 11 | Creditors: | 25,000 | 25,000 | ||
| amounts | falling due within one year | ||||
| 2021 | 2020 | ||||
| E | E | ||||
| Otherloans | 15,551 | 15,551 | |||
| Other creditors | 66,533 | 71,745 | |||
| Accruals and deferred | income | (1) | (1) | ||
| 82,083 | 87,295 |
| Incoming | ||||||
|---|---|---|---|---|---|---|
| resources | At31 | |||||
| (including | Resources | March | ||||
| At 1April | other gains/losses |
expended | 2021 | |||
| 2020 | ) | |||||
| f | ||||||
| Restricted funds: | ||||||
| Unrestricted | funds: | |||||
| General funds | 963,567 | 64,981 | (41,465) | 987,083 | ||
| Revaluation | Reserves: | |||||
| Revaluation | fund | 550,000 | 550,000 | |||
| Total revaluation | reserves | 550,000 | 550,000 | |||
| Total funds | 1,513,567 | 64,981 | (41,465) | 1,537,083 |
| 13 | Analysis of | net | assets between funds |
|||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | |||||
| Total | ||||||
| funds | funds | |||||
| f | f | f | ||||
| Investments | 1,544,473 | 1,544,473 | ||||
| Net current | assets | 25,001 | (32,391) | (7,390) | ||
| 1,569,474 | (32,391) | 1,537,083 | ||||
| 14 | Reconciliation | ofnet debt | ||||
| At 31 | ||||||
| At1April | March | |||||
| 2020 | Cash flows | 2021 | ||||
| f | f | f | ||||
| Cash and cash | equivalents | 31,389 | 18,304 | 49,693 | ||
| 31,389 | 18,304 | 49,693 | ||||
| Borrowings | (15,551) | (15,551) | ||||
| (15,551) | (15,551) | |||||
| Net debt | 15,838 | 18,304 | 34,142 | |||
| 15 | Related party | disclosures | ||||
| Controlling | party |
| Unrestricted | ||||||
|---|---|---|---|---|---|---|
| funds | Total funds | Totalfunds | ||||
| 2021 | 2021 | 2020 | ||||
| E | E | E | ||||
| Income and endowments | from: | |||||
| Donations and legacies |
||||||
| 7,554 | 7,554 | 3,817 | ||||
| 11,605 | 11,605 | |||||
| 1,794 | 1,794 | 1,864 | ||||
| 20,953 | 20,953 | 5,681 | ||||
| Charitable activities |
||||||
| 172 | 172 | 78 | ||||
| 856 | 856 | 1,107 | ||||
| 1,028 | 1,028 | 1,185 | ||||
| Investments | ||||||
| 43,000 | 43,000 | 43,000 | ||||
| 43,000 | 43,000 | 43,000 | ||||
| Total income and endowments | 64,981 | 64,981 | 49,866 | |||
| Expenditure on: |
||||||
| Travel and subsistence | 3,480 | |||||
| 3,480 | ||||||
| Premises costs | ||||||
| Rates | 368 | 368 | 3,113 | |||
| Light, heat and power | 14,096 | 14,096 | 15,974 | |||
| Premises insurances | 1,750 | 1,750 | ||||
| Premises repairs and | ||||||
| maintenance | 3,790 | 3,790 | ||||
| Other premises costs | 79 | 79 | ||||
| 20,083 | 20,083 | 20,535 | ||||
| General administrative | costs, | |||||
| including depreciation |
and | |||||
| amortisation | ||||||
| Bank charges | 20 | |||||
| Equipment expensed |
180 | |||||
| Equipment repairs |
and | |||||
| maintenance | 20,748 | 20,748 | ||||
| Sundry expenses | 50 | |||||
| Telephone, fax and |
broadband | 634 | 634 | 605 | ||
| 21,382 | 2L382 | 855 | ||||
| Total ofexpenditure | of | other costs | 41,465 | 41,465 | 24,870 | |
| Total expenditure | 41,465 | 41,465 | 24,870 | |||
| Net gains on investments |
| Net income | |
|---|---|
| Transfers between |
funds |
| Net income before | other |
| gains/(losses) | |
| Other Gains | |
| Net movement in funds |
|
| Reconciliation offunds: |
|
| Total funds brought | forward |
| Total funds carried | forward |
| 23,516 | 23,516 | 24,996 |
|---|---|---|
| 550,000 | ||
| 23,516 | 23,516 | 574,996 |
| 23,516 | 23,516 | 574,996 |
| 1,513,567 | 1,513,567 | 1,488,571 |
| 1,537,083 | 1,537,083 | 2,063,567 |