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Charity number: 1118960
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UNAUDITED
TRUSTEE'S REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2021
DocuSign Envelope ID: 183B0667-3F87-4B04-9B67-E0003FD5F379
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CONTENTS
| Page | |
|---|---|
| Reference and administrative details of the Charity, its Trustees and advisers | 1 |
| Trustee's report | 2 - 5 |
| Independent examiner's report | 6 - 8 |
| Statement of financial activities | 9 |
| Balance sheet | 10 |
| Statement of cash flows | 11 |
| Notes to the financial statements | 12 - 26 |
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REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 JANUARY 2021
| Trustees | In Another Place (Company number 10836263) (Charity number 1177038), Trustee |
|---|---|
| Charity registered number 1118960 Principal office 71b Liverpool Road Liverpool Merseyside L23 5SE |
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TRUSTEE'S REPORT FOR THE YEAR ENDED 31 JANUARY 2021
The Trustee present their annual report together with the financial statements of the Charity for the year 1 February 2020 to 31 January 2021.
Objectives and activities
a. Policies and objectives
The summary of the objects as set out in the constitution is to advance the Christian religion, and involve and strengthen community in all its diversity, primarily but not exclusively in the Waterloo, Crosby and Blundellsands area of the borough of Sefton, by means of creative arts projects.
In setting objectives and planning for activities, the Trustee have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'.
b. Activities undertaken to achieve objectives
The main activities for the year were:
We rehearsed and planned Liverpool Passion, having to postpone due to covid in late March 2020.
Virtual pilgrim walk - Ongoing through the year a virtual walk with 78 participants visiting 129 countries and 20 USA states, via 55 zoom calls and covering 38,500 miles by September 2021.
We planned and designed 3 escape rooms via zoom. We delivered a huge amount of craft and activity sessions twice weekly via facebook live. We recorded all our assembly team material on zoom and using past film footage and sent to participating schools. We delivered an online project called Easterinanotherplace on Facebook and Twitter with huge numbers of crosses photographed from household objects during lockdown. Daily videos of imaginative crosses taken with short uplifting messages. The sewing team made a large number of PPE items including masks and hospital scrubs.
We ran our usual twice weekly papermachee and sewing workshops til lockdown in March, and again limited capacity when regulations allowed from September to October 2020 mainly for our regular volunteers to return.
We pioneered Bootle music zone opening to limited numbers in September 2020 and from November we took the regular 10 -12 members to continue their lessons on zoom.
Bootle Strand Christmas Grotto and Nativity - December 2020. We ran this with 70 volunteers and extensive PPE and Covid secure methods for hundreds of children and families. One of only a small number of grottos who were open to the public.
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TRUSTEE'S REPORT (CONTINUED) FOR THE YEAR ENDED 31 JANUARY 2021
Achievements and performance
a. Main achievements of the Charity
We were very proud despite lockdown and furloughing all our paid staff team, to stay in regular contact with the vast majority of our regular volunteers via Zoom meeting, What’s app, Facebook and phone calls or doorstep visits. Our creative online activities enabled us to progress some brand new productions which we were able to build and develop on our return to face to face working. The Virtual pilgrim walk was a complex and profound experience for the 78 participants and the 110 people we met in their own country over zoom. Many hundreds more followed parts of the walk, dances or story on Facebook. We were featured on National TV in Song of Praise on Crosby beach in August 2020.
Despite the huge challenges, it was a tremendous year in many ways for us as a charity and community of people.
b. Key performance indicators
The charity is primarily focused on its objects and does not consider any financial performance indicator a key one. The charity needs to broadly run at a surplus each year to remain viable, but individual activities that run a deficit or an occasional yearly deficit is not a major factor to the charity. Indeed, in certain circumstances, it is necessary to run a deficit in order to better further the charitable objects.
c. Review of activities
During the year, the charity undertook a number of activities as detailed above. A detailed description of the events and activities undertaken can be found at http://www.inanotherplace.com/
The charity has also relocated to Bootle New Strand, and although it still has a present in Crosby at St. Luke's Church, its new main base of operations is at Bootle.
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TRUSTEE'S REPORT (CONTINUED) FOR THE YEAR ENDED 31 JANUARY 2021
Financial review
a. Going concern
After making appropriate enquiries, the Trustee have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.
b. Reserves policy
The charity holds reserves in a charitable bank account and these reserves are used to fund the expenditure incurred in preparation for the next events the charity will put on. At the end of the year, the charity held reserves of £30,000.
c. Financial review
During the year, the Charity has made a deficit of £13,689 compared to the prior year surplus of £29,450. Total net assets of the Charity are £24,876. The charity is well placed to continue providing its benefits for the next twelve months.
Structure, governance and management
a. Constitution
In Another Place is a registered charity, number 1118960, and is constituted under a Trust deed.
There have been no changes in the objectives since the last annual report.
b. Methods of appointment or election of Trustee
The management of the Charity is the responsibility of the Trustee who are elected and co-opted under the terms of the Trust deed.
c. Organisational structure and decision-making policies
The charity employs one full time member of staff to manage the charity's day to day activities. During the year, a total of three other members of staff have been employed on a part time basis.
The trustees of the parent charitable company meet monthly and decisions about ongoing and future activities are made during these meetings.
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TRUSTEE'S REPORT (CONTINUED) FOR THE YEAR ENDED 31 JANUARY 2021
Statement of Trustee's responsibilities
The Trustee are responsible for preparing the Trustee's report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England & Wales requires the Trustee to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Charity and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustee 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 of the Charities SORP (FRS 102);
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make judgments and accounting estimates that are reasonable and prudent;
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state whether applicable UK Accounting Standards (FRS 102) 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 Trustee are responsible for keeping adequate accounting records that are sufficient to show and explain the Charity's transactions and disclose with reasonable accuracy at any time the financial position of the Charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the Trust deed. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by order of the members of the board of Trustee on 1 November 2021 and signed on their behalf by:
_________ J A Spiers for and on behalf of the charitable company In Another Place (Company number 10836263) (Charity number 1177038)
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INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 JANUARY 2021
Independent Examiner's Report to the Trustee of In Another Place ('the Charity')
I report to the charity Trustee on my examination of the accounts of the Charity for the year ended 31 January 2021.
Responsibilities and Basis of Report
As the Trustee of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').
I report in respect of my examination of the Charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
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INDEPENDENT EXAMINER'S REPORT (CONTINUED) FOR THE YEAR ENDED 31 JANUARY 2021
Independent Examiner's Statement
Your attention is drawn to the fact that the Charity has prepared the accounts 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 (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn.
I understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
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INDEPENDENT EXAMINER'S REPORT (CONTINUED) FOR THE YEAR ENDED 31 JANUARY 2021
This report is made solely to the Charity's Trustee, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Charity's Trustee those matters I am required to state to them in an Independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity's Trustee as a body, for my work or for this report.
Signed: Anthony Deegan MAAT MICB PM.dip
Dated: 1 November 2021
Community Accountant Sefton Council for Voluntary Service Burlington House, Crosby Road North, Waterloo, Liverpool. L22 OLG
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STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JANUARY 2021
| Note Income from: Donations and legacies 4 Charitable activities 5 Investments 6 Total income Expenditure on: Charitable activities 7 Total expenditure Net (expenditure)/income Transfers between funds 18 Net movement in funds Reconciliation of funds: Total funds brought forward Net movement in funds Total funds carried forward |
Restricted funds 2021 £ 14,867 205 - 15,072 19,235 19,235 (4,163) 4,163 - - - - |
Unrestricted funds 2021 £ - 32,938 31 32,969 42,495 42,495 (9,526) (4,163) (13,689) 38,564 (13,689) 24,875 |
Total funds 2021 £ 14,867 33,143 31 48,041 61,730 61,730 (13,689) - (13,689) 38,564 (13,689) 24,875 |
Total funds 2020 £ - 134,841 5 |
|---|---|---|---|---|
| 134,846 105,307 |
||||
| 105,307 29,539 - |
||||
| 29,539 9,025 29,539 |
||||
| 38,564 |
The Statement of Financial Activities includes all gains and losses recognised in the year.
The notes on pages 12 to 26 form part of these financial statements.
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BALANCE SHEET AS AT 31 JANUARY 2021
| Note Fixed assets Tangible assets 13 Current assets Debtors 14 Cash at bank and in hand Creditors: amounts falling due within one year 15 Net current assets Total assets less current liabilities Creditors: amounts falling due after more than one year 16 Total net assets Charity funds Restricted funds 18 Unrestricted funds 18 Total funds |
705 37,642 38,347 (1,025) |
2021 £ 4,553 4,553 37,322 41,875 (17,000) 24,875 - 24,875 24,875 |
2,914 48,466 51,380 (1,082) |
2020 £ 266 266 50,298 50,564 (12,000) 38,564 - 38,564 38,564 |
|---|---|---|---|---|
The financial statements were approved and authorised for issue by the Trustee on 01 November 2021 and signed on their behalf by:
Dr. J A Smith for and on behalf of the charitable company In Another Place (Company number 10836263) (Charity number 1177038)
The notes on pages 12 to 26 form part of these financial statements.
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STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 JANUARY 2021
| Cash flows from operating activities Net cash used in operating activities Cash flows from investing activities Purchase of tangible fixed assets Net cash used in investing activities Cash flows from financing activities Net cash provided by financing activities Change in cash and cash equivalents in the year Cash and cash equivalents at the beginning of the year Cash and cash equivalents at the end of the year The notes on pages 12 to 26 form part of these financial statements |
2021 £ (6,039) (4,785) (4,785) - (10,824) 48,466 37,642 |
2020 £ 41,180 (220) (220) - 40,960 7,506 48,466 |
|---|---|---|
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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2021
1. General information
The entity is an unincorporated charity, registered with the Charities Commission in England and Wales. The registered number and principal place of operations are noted within the first three pages of these financial statements.
2. Accounting policies
2.1 Basis of preparation of financial statements
The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - 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 (FRS 102) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
The financial statements have been prepared to give a 'true and fair' view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair' view. This departure has involved following the Charities SORP (FRS 102) published in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.
In Another Place meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.
2.2 Going concern
The Charity has sufficient cash resources and has no requirement for external funding. The trustee has a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. They continue to believe the going concern basis of accounting appropriate in preparing the annual financial statements.
2.3 Income
All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.
Grants are included in the Statement of financial activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.
Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of receipt. Although this is not strictly in accordance with the accruals basis of accounting, the value of Gift Aid claims is relatively small and the difference between a receipts basis and accruals basis is not materially different.
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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2021
2. Accounting policies (continued)
2.4 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs.
All expenditure is inclusive of irrecoverable VAT.
2.5 Government grants
Government grants relating to tangible fixed assets are treated as deferred income and released to the Statement of financial activities over the expected useful lives of the assets concerned. Other grants are credited to the Statement of financial activities as the related expenditure is incurred.
2.6 Interest receivable
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the Charity; this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited.
2.7 Tangible fixed assets and depreciation
Tangible fixed assets costing £100 or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably.
Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.
Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, using the straight-line method.
Depreciation is provided on the following bases:
- Fixtures and fittings between 3 and 5 years straight line - Computer equipment 3 years straight line
2.8 Debtors
Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2021
2. Accounting policies (continued)
2.9 Cash at bank and in hand
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
2.10 Liabilities and provisions
Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.
2.11 Financial instruments
The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
2.12 Pensions
The Charity contributes to personal pension plans and the pension charge represents the amounts payable by the Charity to the plans in respect of the year.
2.13 Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the Trustee in furtherance of the general objectives of the Charity and which have not been designated for other purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
Investment income, gains and losses are allocated to the appropriate fund.
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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2021
3. Critical accounting estimates and areas of judgment
Estimates and judgments are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Critical accounting estimates and assumptions:
The Charity makes estimates and assumptions concerning the future. The resulting accounting estimates and assumptions will, by definition, seldom equal the related actual results. The estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are discussed below.
Critical areas of judgment:
Depreciation periods of fixed assets.
Decision to defer or accrue income based on when the event for the revenue or costs will be held.
4. Income from donations and legacies
| Restricted | Total | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2021 | 2021 | 2020 | |
| £ | £ | £ | |
| Government grants | 14,867 | 14,867 | - |
5. Income from charitable activities
| Income from charitable activities - General Income from charitable activities - General |
Restricted funds 2021 Unrestricted funds 2021 £ £ 205 32,938 Restricted funds 2020 Unrestricted funds 2020 £ £ 460 134,381 |
Total funds 2021 £ 33,143 |
|---|---|---|
| Total funds 2020 £ 134,841 |
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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2021
. Analysis of income from charitable activities by type of income
| Event Income Teams Event Income Donations Grants Total 2021 Event Income Teams Event Income Donations Grants Total 2020 6. Investment income |
Restricted funds 2021 £ - 55 150 - 205 Restricted funds 2020 £ - 310 150 - 460 |
Unrestricted funds 2021 £ 5,780 260 15,333 11,565 32,938 Unrestricted funds 2020 £ 115,569 3,224 13,589 2,000 134,382 |
Total funds 2021 £ 5,780 315 15,483 11,565 |
|---|---|---|---|
| 33,143 | |||
| Total funds 2020 £ 115,569 3,534 13,739 2,000 |
|||
| 134,842 | |||
| Unrestricted funds 2021 £ Investment income - local cash 31 Unrestricted funds 2020 £ Investment income - local cash 5 |
Total funds 2021 £ 31 Total funds 2020 £ 5 |
|---|---|
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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2021
7. Analysis of expenditure on charitable activities
Summary by fund type
| General General |
Restricted funds 2021 Unrestricted funds 2021 £ £ 19,235 42,495 Restricted funds 2020 Unrestricted funds 2020 £ £ 4,919 100,388 |
Total funds 2021 £ 61,730 |
|---|---|---|
| Total funds 2020 £ 105,307 |
Summary by expenditure type
| General General |
Staff costs 2021 Depreciation 2021 £ £ 37,697 498 Staff costs 2020 Depreciation 2020 £ £ 41,233 198 |
Other costs 2021 £ 23,535 Other costs 2020 £ 63,876 |
Total funds 2021 £ 61,730 |
|---|---|---|---|
| Total funds 2020 £ 105,307 |
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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2021
8. Analysis of expenditure by activities
| General General Analysis of support costs Team Running Costs Team Running Costs |
Activities undertaken directly 2021 £ 60,565 Activities undertaken directly 2020 £ 104,589 |
Support costs 2021 £ 1,165 Support costs 2020 £ 718 General 2021 £ 1,165 General 2020 £ 718 |
Total funds 2021 £ 61,730 |
|---|---|---|---|
| Total funds 2020 £ 105,307 |
|||
| Total funds 2021 £ 1,165 |
|||
| Total funds 2020 £ 718 |
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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2021
. Direct costs by charitable activities
| Charity Running Costs Team Running Costs Employment Costs Major Event Costs Wages and salaries Pension costs Depreciation Total 2021 Charity Running Costs Team Running Costs Employment Costs Major Event Costs Wages and salaries Pension costs Depreciation |
Restricted funds 2021 £ - - - - 18,610 625 - 19,235 Restricted funds 2020 £ - 77 - - 4,842 - - 4,919 |
Unrestricted funds 2021 £ 5,299 118 - 16,953 17,515 947 498 41,330 Unrestricted funds 2020 £ 6,778 3,631 100 52,572 34,826 1,565 198 99,670 |
Total funds 2021 £ 5,299 118 - 16,953 36,125 1,572 498 |
|---|---|---|---|
| 60,565 | |||
| Total funds 2020 £ 6,778 3,708 100 52,572 39,668 1,565 198 |
|||
| 104,589 |
9. Independent examiner's remuneration
The independent examiner's remuneration amounts to an independent examiner fee of £75 ( 2020 - £75 ).
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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2021
10. Staff costs
| Wages and salaries Contribution to defined contribution pension schemes |
2021 £ 36,125 1,572 37,697 |
2020 £ 39,668 1,565 |
|---|---|---|
| 41,233 |
The average number of persons employed by the Charity during the year was as follows:
| Administration Team event staff |
2021 No. 2 2 4 |
2020 No. 1 2 |
|---|---|---|
| 3 |
No employee received remuneration amounting to more than £60,000 in either year.
11. Volunteers
The Charity relies heavily on volunteers, especially during the Major Events put on by the Charity. During these periods, volunteers numbering up to 700 people can be involved in a production, and an attempt to quantify the value of this time would be excessive and onerous.
Suffice to say that without the work of these volunteers, the Charity would be unable to put on the events it does.
12. Trustee's remuneration and expenses
During the year, no Trustees received any remuneration or other benefits (2020 - £NIL) .
During the year ended 31 January 2021, expenses totalling £ 2,475 were reimbursed or paid directly to 1 Trustee (2020 - £908 to 2 Trustees) .
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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2021
13. Tangible fixed assets
Cost or valuation At 1 February 2020 Additions At 31 January 2021 Depreciation At 1 February 2020 Charge for the year At 31 January 2021 Net book value At 31 January 2021 At 31 January 2020 Debtors Due within one year Trade debtors Prepayments and accrued income Grants receivable |
Fixtures and fittings £ 220 3,887 4,107 44 358 402 3,705 176 |
Computer equipment £ 464 898 1,362 374 140 514 848 90 2021 £ - - 705 |
Total £ 684 4,785 5,469 418 498 916 4,553 266 2020 £ 2,495 419 - |
||
|---|---|---|---|---|---|
| 705 | 2,914 |
14. Debtors
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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2021
15. Creditors: Amounts falling due within one year
| Bank overdrafts Trade creditors Other taxation and social security Other creditors Accruals and deferred income |
2021 £ 8 - 216 202 599 1,025 |
2020 £ - 285 259 272 266 |
|---|---|---|
| 1,082 |
16. Creditors: Amounts falling due after more than one year
| 2021 | 2020 | |
|---|---|---|
| £ | £ | |
| Accruals and deferred income | 17,000 | 12,000 |
17. Financial instruments
| 2021 | 2020 | |
|---|---|---|
| £ | £ | |
| Financial assets | ||
| Financial assets measured at fair value through income and expenditure | 37,642 | 48,466 |
Financial assets measured at fair value through income and expenditure comprise cash at bank and in hand.
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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2021
18. Statement of funds
Statement of funds - current year
| Balance at 1 February 2020 £ Unrestricted funds General Funds - all funds 38,564 Restricted funds Restricted Funds - all funds - Total of funds 38,564 |
Income £ Expenditure £ 32,969 (42,495) 15,072 (19,235) 48,041 (61,730) |
Transfers in/out £ (4,163) 4,163 - |
Balance at 31 January 2021 £ 24,875 |
|---|---|---|---|
| - | |||
| 24,875 |
19. Summary of funds
Summary of funds - current year
General funds Restricted funds |
Balance at 1 February 2020 £ 38,564 - 38,564 |
Income £ 32,969 15,072 48,041 |
Expenditure £ (42,495) (19,235) (61,730) |
Transfers in/out £ (4,163) 4,163 - |
Balance at 31 January 2021 £ 24,875 - |
|---|---|---|---|---|---|
| 24,875 |
20. Analysis of net assets between funds
Analysis of net assets between funds - current period
| Unrestricted funds 2021 £ Tangible fixed assets 4,553 Current assets 38,347 Creditors due within one year (1,025) Creditors due in more than one year (17,000) Total 24,875 |
Total funds 2021 £ 4,553 38,347 (1,025) (17,000) 24,875 |
|---|---|
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20. Analysis of net assets between funds (continued)
Analysis of net assets between funds - prior period
| Tangible fixed assets Current assets Creditors due within one year Creditors due in more than one year Total |
Endowment funds 2020 £ (1) - - - (1) |
Unrestricted funds 2020 £ 267 51,381 (1,082) (12,000) 38,566 |
Total funds 2020 £ 266 51,381 (1,082) (12,000) |
|---|---|---|---|
| 38,565 |
21. Reconciliation of net movement in funds to net cash flow from operating activities
| Net income/expenditure for the period (as per Statement of Financial Activities) Adjustments for: Depreciation charges Decrease in debtors Increase in creditors Net cash provided by/(used in) operating activities |
2021 £ (13,689) 498 2,209 4,943 (6,039) |
2020 £ 29,539 |
|---|---|---|
| 199 8,433 3,009 |
||
| 41,180 |
22. Analysis of cash and cash equivalents
| Cash in hand Total cash and cash equivalents |
2021 £ 37,642 37,642 |
2020 £ 48,466 |
|---|---|---|
| 48,466 |
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23. Analysis of changes in net debt
| Cash at bank and in hand Bank overdrafts repayable on demand Debt due within 1 year |
At 1 February 2020 £ 48,466 - (272) 48,194 |
Cash flows £ (10,824) (8) 70 (10,762) |
At 31 January 2021 £ 37,642 (8) (202) 37,432 |
|---|---|---|---|
24. Pension commitments
The Charity pays into personal pension plans. The assets of the plans are held separately from those of the Charity in an independently administered fund. The pension cost charge represents contributions payable by the Charity to the plans and amounted to £1,572 (2020 - £1,565). Contributions totalling £202 (2020 - £272) were payable to the fund at the balance sheet date and are included in other creditors.
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25. Related party transactions
During the year the following amounts were charged from related parties:
Utopia Design and Marketing £665 (2020 - £10,537) for marketing services. At the year end, £Nil was owed to Utopia Design and Marketing and is included within trade creditors.
Waterloo Arts & Community Association £353 (2020 - £110) for room hire. At the year end, £Nil was owed to Waterloo Arts & Community Association and is included within trade creditors.
C Spiers £1,644 (2020 - £1,935) for musical composition. At the year end, £Nil was owed to C Spiers and is included within trade creditors.
M Fairweather £Nil (2020 - £350) for event management. At the year end, £Nil was owed to M Fairweather.
J Cullen £1,900 (2020 - £Nil) for sessional choir. At the year end, £Nil was owed to J Cullen. The Parochial Church Council of the Ecclesiastical Parish of St Luke Great Crosby £Nil (2020 - £71) for advertising. At the year end, £Nil was owed.
Utopia Design and Marketing is a business under the control of M Latham. Waterloo Arts & Community Association has a shared trustee, Dr J A Smith. C Spiers is the son of J C Spiers.
J Cullen, Dr J A Smith, C Spiers, M Fairweather are all trustees of the parent company, In Another Place (Limited by guarantee). M Latham was a trustee of the parent company, In Another Place (Limited by guarantee) for part of the year.
The Parochial Church Council of the Ecclesiastical Parish of St Luke Great Crosby is a sponsoring entity of this charity.
In addition to the above, certain trustees provided cash donations to the charity. As these donations were not restricted, the exact amounts and which trustees provided these donations have not been disclosed as allowed by Charities SORP (FRS 102). However, the total received from all Trustees amounted to £2,999.
26. Controlling party
The charity is under the control of the Trustees of the company, In Another Place, a copy of whose accounts can be obtained for free from either the Charities Commission under charity number 1177038 or Companies House under company number 10836263.
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