2020-12-31-accounts - Proclaimers

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				Page
Report ofthe Trustees			1	to	5
Independent Examiner's	Report
Statement ofFinancial	Activities
Balance Sheet			8	to	9
Cash Flow Statement				10
Notes to the Financial Statements			11	to	20
Detailed Statement ofFinancial		Activities	21	to	22

		for the	Year Ended 31December	2020
				31.12.20	31.12.19
				Unrestricted	Total
				fund	funds
			Notes
INCOME AND ENDOWMENTS		FROM
Donations and legacies				325,996	376,299
Other trading activities				47,516	131,783
Other income				46,556
Total				420,068	508,082
EXPENDITURE ON
Direct trading costs				6,053	26,860
Charitable activities
Charitable Activities				397,476	427,595
Total				403,529	454,455
NET INCOME				16,539	53,627
RECONCILIATION	OF FUNDS
Total funds brought	forward			76,919	23,292
TOTAL FUNDS CARRIED FORWARD				93,458	76,919

	Balance Sheet
	31December 2020
		31.12.20	31.12.19
		Unrestricted	Total
		fund	funds
	Notes
FIXEDASSETS
Tangible assets		81,570	77,440
CURRENT ASSETS
Stocks	12	171	213
Debtors	13	15,042	20,742
Cash at bank and in hand		72,006	31,221
		87,219	52,176
CREDITORS
Amounts falling due within one year	14	(30,054)	(52,697)
NKT CURRENT ASSETS		57,165	(521)
TOTAL ASSETSLESSCURRENT
LIABILITIES		138,735	76,919
CREDITORS
Amounts falling due after more than one year	15	(45,277)
NET ASSETS		93,458	76,919
FUNDS	18
Unrestricted funds		93,458	76,919
TOTAL FUNDS		93,458	76,919

				Cash Flow Statement
		for		the Year Ended 31December	2020
					31.12.20	31.12.19
				Notes
Cash flows from operating		activities
Cash generated fiom operations				20	25,467	35,224
Interest paid					(625)
Net cash provided by operating activities					24,842	35,224
Cash flows from investing		activities
Purchase oftangible fixed	assets				(19,872)	(16,606)
Net cash used in investing	activities				(19,872)	(16,606)
Cash flows from financing		activities
New loans in year					50,000
Capital repayments in year						(18,994)
Net cash provided by/(used		in) tinancing	activities		50,000	(18,994)
Change in cash and cash		equivalents	in
the reporting period					54,970	(376)
Cash and cash equivalents		at the
beginning ofthe reporting		period		21	17,036	17,412
Cash and cash equivalents		at the end	of
the reporting period				21	72,006	17,036

	DONATIONS	DONATIONS
			31.12.20	31.12.19
	Donations		270,616	317,212
	Gift aid		55,380	59,087
			325,996	376,299
3.	OTHER	TRADING ACTIVITIES
			31.12.20	31.12.19
	Lettings income		38,967	93,515
	Beverage	sales	4,405	3,666
	Catering	events	4,144	34,602
			47,516	131,783

OTHER TRADING	ACTIVITIES
		31.12.20	31.12.19
Opening stock		213	175
Purchases		4,411	26,898
Closing stock		(171)	(213)
Bad debts		1,600
		6,053	26,860
CHARITABLE ACTIVITIES COSTS
Direct Costs
Wages			134,978
Social security			6,583
Pensions			5,665
Hire ofplant and machinery			16,750
Rent			78,092
Rates and water			3,662
Events and guest speakers			6,916
Repairs and renewals			22,086
			274,732
Support Costs
Bank charges			3,488
Cleaning			5,408
Client hospitality			458
Gitts and donations			13,242
Insurance			5,645
Light and heat			17,984
Depreciation			15,743
Telephone			6,394
Postage and stationery			832
Equipment and resources			10,740
Travelling			16,129
Advertising			2,757
Subscriptions			5,196
Sundry expenses
			104,549
Governance Costs
Accountancy			8,400
Legal and professional	fees		9,170
			17,570

SUPPORT COSTS
		Finance
Charitable Activities		625
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated atter charging/(crediting);
	31.12.20	31.12.19
Depreciation - owned assets	15,742	16,658
Hire ofplant and machinery	16,750	3,284
Other operating leases	78,092	91,724

STAFF COSTS
			31.12.20	31.12.19
Wages and salaries			134,978	138,722
Social security costs			6,583	8,383
Other pension costs			5,665	5,285
			147,226	152,390
The average monthly	number ofemployees	during the year was as follows:
			31.12.20	31.12.19
Employees			6	7


10.	COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES
					Unrestricted
					fund
	INCOME AND ENDOWMENTS		FROM
	Donations and legacies				376,299
	Other trading activities				131,783
	Total				508,082
	EXPENDITURE ON
	Direct trading costs				26,860
	Charitable activities
	Charitable Activities				427,595
	Total				454,455
	NKT INCOME				53,627
	RECONCILIATION	OF FUNDS
	Total funds brought	forward			23,292
	TOTAL FUNDS CARRIED FORWARD				76,919
11.	TANGIBLE FIXED	ASSETS
				Improvements	Fixtures
			Short	to	and
			leasehold	property	fittings
	COST
	At 1 January 2020		104,801	15,220	142,972
	Additions				2,247
	At 31December 2020		104,801	15,220	145,219
	DEPRECIATION
	At 1 January 2020		73,022	279	115,001
	Charge for year		6,355	304	7,451
	At 31 December 2020		79,377	583	122,452
	NKT BOOK VALUE
	At 31 December 2020		25,424	14,637	22,767
	At 31December 2019		31,779	14,941	27,971

	Notes to the Financial Statements - continued for the Year Ended 31December 2020	Notes to the Financial Statements - continued for the Year Ended 31December 2020	Notes to the Financial Statements - continued for the Year Ended 31December 2020
11.	TANGIBLE FIXEDASSETS - continued
			Motor	Computer
			vehicles	equipment	Totals
			f
	COST
	At 1 January 2020		5,971	16,110	285,074
	Additions			17,625	19,872
	At 31 December 2020		5,971	33,735	304,946
	DEPRECIATION
	At 1 January 2020		5,781	13,551	207,634
	Charge for year		47	1,585	15,742
	At 31December	2020	5,828	15,136	223,376
	NKT BOOK VALUE
	At 31December 2020		143	18,599	81,570
	At 31 December 2019		190	2,559	77,440
12.	STOCKS
				31.12.20	31.12.19
	Stocks			171	213
13.	DEBTORS:AMOUNTS		FALLING DUE WITHIN ONE YEAR
				31.12.20	31.12.19
	Trade debtors			6,515	13,144
	Other debtors			7,663	3,760
	Prepayments			864	3,838
				15,042	20,742
14.	CREDITORS:	AMOUNTS FALLING DUK WITHIN ONK YEAR
				31.12.20	31.12.19
	Bank loans and	overdrails	(see note 16j	4,724	14,185
	Trade creditors			4,499	6,583
	Social security	and other	taxes	2,362	2,563
	VAT				2,302
	Other creditors			15,496	25,264
	Accruals and deferred income			2,973	1,800
				30,054	52,697

15.	CREDITORS:	AMOUNT	S	FALLING DUE A	FTER M	ORE THAN ONE YEA	R
							31.12.20	31.12.19
	Bank loans (see	note 16)					45,277
16.	LOANS
	An analysis ofthe maturity		of	loans is given below:
							31.12.20	31.12.19
	Amounts falling	due within	one year on demand:
	Bank overdralts							14,185
	Bank loans						4,724
							4,724	14,185
	Amounts falling	due between		two and five years:
	Bank loans - 1-5years						39,991
	Amounts falling	due in more than five years:
	Repayable by instalments:
	Bank loans more 5 yr by instal						5,286
17.	LEASING AGREEMENTS
	Minimum lease	payments	under non-cancellable		operating	leases fall due as follows:
							31.12.20	31.12.19
	Within one year						17,151	7,592
	Between one and five years						6,545
							23,696	7,592
18.	MOVKMKNT	IN FUNDS
							Net
							movement	At
						At 1.1.20	in funds	31.12.20
	Unrestricted funds
	General fund					76,919	16,539	93,458
	TOTAL FUNDS					76,919	16,539	93,458

					Incoming	Resources	Movement	Movement
					resources	expended	in	funds
Unrestricted		funds
General	fund				420,068	(403,529)		16,539
TOTAL	FUNDS				420,068	(403,529)		16,539
Comparatives		for movement		in funds
						Net
						movement		At
					At 1.1.19	in funds	31.12.19
Unrestricted		funds
General	fund				23,292	53,627	76,919
TOTAL	FUNDS				23,292	53,627		76,919
Comparative		net movement	in	funds, included	in the above are as follows:
					Incoming	Resources	Movement
					resources	expended	in funds
Unrestricted		funds
General	fund				508,082	(454,455)		53,627
TOTAL	FUNDS				508,082	(454,455)		53,627
A current	year 12months		and	prior year 12months combined position is as follows:
						Net
						movement		At
					At 1.1.19	in funds	31.12.20
Unrestricted		funds
General	fund				23,292	70,166		93,458
TOTAL	FUNDS				23,292	70,166		93,458

		Incoming	Resources	Movement
		resources f	expended	in funds
Unrestricted	funds
General fund		928,150	(857,984)	70,166
TOTAL FUNDS		928,150	(857,984)	70,166

20.	RECONCILIATION OF NET INCOME TO NKT CASH FLOW FROM OPERATING ACTIVITIES	RECONCILIATION OF NET INCOME TO NKT CASH FLOW FROM OPERATING ACTIVITIES	RECONCILIATION OF NET INCOME TO NKT CASH FLOW FROM OPERATING ACTIVITIES	RECONCILIATION OF NET INCOME TO NKT CASH FLOW FROM OPERATING ACTIVITIES	RECONCILIATION OF NET INCOME TO NKT CASH FLOW FROM OPERATING ACTIVITIES	RECONCILIATION OF NET INCOME TO NKT CASH FLOW FROM OPERATING ACTIVITIES	RECONCILIATION OF NET INCOME TO NKT CASH FLOW FROM OPERATING ACTIVITIES	RECONCILIATION OF NET INCOME TO NKT CASH FLOW FROM OPERATING ACTIVITIES
							31.12.20	31.12.19
	Net income	for the	reporting	period (as per the Statement ofFinancial
	Activities)						16,539	53,627
	Adjustments	for:
	Depreciation	charges					15,743	16,659
	Interest paid						625
	Decrease/(increase)		in stocks				42	(38)
	Decrease/(increase)		in debtors				5,700	(5,005)
	Decrease in	creditors					(13,182)	(30,019)
	Net cash provided		by operations				25,467	35,224
21.	ANALYSIS	OF CASH AND		CASH EQUIVALENTS
							31.12.20	31.12.19
	Cash in hand						405	361
	Notice deposits (less than 3 months)						71,601	30,860
	Overdraiis included		in bank loans and overdraiis		falling due within	one year		(14,185)
	Total cash and cash		equivalents				72,006	17,036
22..	ANALYSIS	OF CHANGES		IN NET FUNDS
						At 1.1.20	Cash flow	At 31.12.20
	Net cash
	Cash at bank	and in	hand			31,221	40,785	72,006
	Bank overdraft					(14,185)	14,185
						17,036	54,970	72,006

ANA	LYSIS	OF	CHA	N	GES IN NET FUNDS - c	ontinued
Debt
Debts	falling	due	within		1 year		(4,724)	(4,724)
Debts	falling	due	after	1	year		(45,277)	(45,277)
							(50,001)	(50,001)
Total						17,036	4,969	22,005

			Detailed Statement ofFinancial Activities
			for the Year Ended 31December 2020
				31.12.20	31.12.19
INCOME AND		ENDOWMENTS
Donations and	legacies
Donations				270,616	317,212
Gift aid				55,380	59,087
				325,996	376,299
Other trading	activities
Lettings income				38,967	93,515
Beverage sales				4,405	3,666
Catering events				4,144	34,602
				47,516	131,783
Other income
Government grants				46,556
Total incoming		resources		420,068	508,082
EXPENDITURE
Other trading	activities
Opening stock				213	175
Purchases				4,411	26,898
Bad debts				1,600
Closing stock				(171)	(213)
				6,053	26,860
Charitable activities
Wages				134,978	138,722
Social security				6,583	8,383
Pensions				5,665	5,285
Hire ofplant and		machinery		16,750	3,284
Rent				78,092	91,724
Rates and water				3,662	2,697
Insurance				5,645	5,469
Light and heat				17,984	23,680
Telephone				6,394	7,303
Postage and stationery				832	2,492
Advertising				2,757	8,412
Sundry expenses				533	665
Licences and subscriptions				5,196	2,632
Equipment and	resources			10,740	11,794
Gifts and donations				13,242	12,269
Accountancy				8,400	10,000
Bank charges				3,488	4,501
Carried forward				320,941	339,312

		Detailed Statement ofFinancial
		for the Year Ended 31December 2020
			31.12.20	31.12.19
Charitable activities
Brought forward			320,941	339,312
Client hospitality			458	592
Travelling			16,129	25,558
Legal and professional	fees		9,170	7,315
Events and guest speakers			6,916	20,878
Repairs and renewals			22,086	10,310
Cleaning			5,408	6,971
Short leasehold			6,355	6,355
Improvements to property			304	279
Fixtures and fittings			7,451	9,324
Motor vehicles			48	63
Computer equipment			1,585	638
			396,851	427,595
Support costs
Finance
Bank loan interest			625
Total resources expended			403,529	454,455
Net income			16,539	53,627