2021-12-31-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

				31.12.21	31.12.20
		Unrestricted	Restricted	Total	Total
		fund	fund	funds	funds
	Notes				8
INCOME AND ENDOWMENTS FROM
Donations and legacies		325,953	20,914	346,867	325,996
Other trading activities		80,338		80,338	47,516
Other income		64,299		64,299	46,556
Total		470,590	20,914	491,504	420,068
EXPENDITURE ON
Direct trading costs	4	7,212		7,212	6,053
Charitable activities
Charitable Activities		460,898		460,898	397,476
Total		468,110		468,110	403,529
NET INCOME		2,480	20,914	23,394	16,539
RECONCILIATION OF FUNDS
Total funds brought forward		93,458		93,458	76,919
TOTAL FUNDS CARRIED FORWARD		95,938	20,914	116,852	93,458

				31.12.21	31.12.20
		Unrestricted	Restricted	Total	Total
	Notes	fund g	fund	fundsI	funds
FIXEDASSETS
Tangible assets		78,040		78,040	81,570
CURRENT ASSETS
Stocks	12	167		167	171
Debtors	13	11,765		11,765	15,042
Cash at bank and in hand		77,163	20,914	98,077	72,006
		89,095	20,914	110,009	87,219
CREDITORS
Amounts falling due within one year	14	(36,197)		(36,197)	(30,054)
NET CURRENT ASSETS		52,898	20,914	73,812	57,165
TOTAL ASSETSLESSCURRENT
LIABILITIES		130,938	20,914	151,852	138,735
CREDITORS
Amounts falling due afier more than one year	15	(35,000)		(35,000)	(45,277)
NET ASSETS		95,938	20,914	116,852	93,458
FUNDS	18
Unrestricted funds				95,938	93,458
Restricted funds				20,914
TOTAL FUNDS				116,852	93,458

				Cash Flow Statement
			for	the Year Ended 31December	2021
					31.12.21	31.12.20
				Notes
Cash flows from operating		activities
Cash generated from operations				20	46,199	25,467
Interest paid					(601)	(625)
Net cash provided by operating activities					45,598	24,842
Cash flows from investing		activities
Purchase oftangible fixed	assets				(14,526)	(19,872)
Net cash used in investing	activities				(14,526)	(19,872)
Cash flows from financing		activities
New loans in year						50,000
Loan repayments in year					(5,001)
Net cash (used in)/provided		by financing	activities		(5,001)	50,000
Change in cash and cash	equivalents		in
the reporting period					26,071	54,970
Cash and cash equivalents		at the
beginning ofthe reporting		period			72,006	17,036
Cash and cash equivalents		at the end	of
the reporting period					98,077	72,006

Short leasehold	over term oflease
Improvements to property	2%on cost
Fixtures and fittings	25%on reducing balance
Motor vehicles	25%on reducing balance
Computer equipment	25%on reducing balance

DONATI	ONS AND LEGACIES
		31.12.21	31.12.20
Donations		296,299	270,616
Gift aid		50,568	55,380
		346,867	325,996
OTHER	TRADING ACTIVITIES
		31.12.21	31.12.20
Lettings income		71,304	38,967
Beverage	sales	5,259	4,405
Catering	events	3,775	4,144
		80,338	47,516

OTHER TRADING	ACTIVITIES
		31.12.21	31.12.20
Opening stock		171	213
Purchases		7,208	4,411
Closing stock		(167)	(171)
Bad debts			1,600
		7,212	6,053
CHARITABLE ACTIVITIES COSTS
Direct Costs
Wages			131,995
Social security			6,803
Pensions			7,461
Hire ofplant and machinery			20,485
Rent			126,349
Rates and water			2,605
Events and guest speakers			7,210
Repairs and renewals			20,143
			323,051
Support Costs
Bank charges			666
Disallowed input VAT			6,050
Cleaning			8,062
Client hospitality			1,896
Gills and donations			9,982
Insurance			6,339
Light and heat			18,290
Depreciation			18,056
Telephone			3.253
Postage and stationery			537
Equipment and resources			8,994
Travelling			32,024
Advertising			3,134
Subscriptions			4,458
Sundry expenses			521
			122,262
Governance Costs
Accountancy			8,440
Legal and professional	fees		6,544
			14,984

SUPPORT COSTS
		Finance
Charitable Activities		601
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated atter charging/(crediting);
	31.12.21	31.12.20
Depreciation - owned assets	18,056	15,742
Hire ofplant and machinery	20,485	16,750
Other operating leases	126,349	78,092

STAFF COSTS	STAFF COSTS
					31.12.21	31.12.20
Wages and salaries					131,995	134,978
Social security	costs				6,803	6,583
Other pension	costs				7,461	5,665
					146,259	147,226
The average monthly		number ofemployees		during the year was as follows:
					31.12.21	31.12.20
Employees					6	6
No employees	received emoluments		in excess off60,000.

COMPARATIVES F	ORTHK STATEMENT OF FINANCIAL ACT	IVITIES
		Unrestricted
		fund
INCOME AND ENDOWMENTS FROM
Donations and legacies		325,996
Other trading activities		47,516
Other income		46,556
Total		420,068
EXPENDITURE ON
Direct trading costs		6,053
Charitable activities
Charitable Activities		397,476
Total		403,529
NET INCOME		16,539
RECONCILIATION	OF FUNDS
Total funds brought fonvard		76,919
TOTAL FUNDS CARRIED FORWARD		93,458

TANGIBLE FIXEDASSETS
		Improvements	Fixtures
	Short	to	slid
	leasehold	property	fittings
COST
At 1 January 2021	104,801	15,220	145,219
Additions			12,406
At 31December 2021	104,801	15,220	157,625
DEPRECIATION
At 1January 2021	79,377	583	122,452
Charge for year	6,355	304	6,210
At 31December 2021	85,732	887	128,662
NET BOOKVALUE
At 31December 2021	19,069	14,333	28,963
At 31December 2020	25,424	14,637	22,767

	for the Year Ended 31December 2	021
11.	TANGIBLE FIXEDASSETS - continued
		Motor	Computer
		vehicles	equipment	Totals
	COST
	At 1 January 2021	5,971	33,735	304,946
	Additions		2,120	14,526
	At 31December 2021	5,971	35,855	319,472
	DEPRECIATION
	At 1 January 2021	5,828	15,136	223,376
	Charge for year	36	5,151	18,056
	At 31December 2021	5,864	20,287	241,432
	NET BOOKVALUE
	At 31December 2021	107	15,568	78,040
	At 31December 2020	143	18,599	81,570
12.	STOCKS
			31.12.21	31.12.20
	Stocks		167	171
13.	DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
			31.12.21	31.12.20
	Trade debtors		4,929	6,515
	Other debtors		6,329	7,663
	Prepayments		507	864
			11,765	15,042
14.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
			31.12.21	31.12.20
	Bank loans and overdraiis (see note 16)		10,000	4,724
	Trade creditors		8,169	4,499
	Social security and other taxes		2,901	2,362
	Other creditors		11,730	15,496
	Accruals aud deferred income		3,397	2,973
			36,197	30,054


15.	CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
					31.12.21	31.12.20
					35,000	45,277
16.	LOANS
	An analysis ofthe maturity ofloans is given below:
					31.12.21	31.12.20
						I
	Amounts falling due within one year on demand:
	Bank loans				10,000	4,724
	Amounts falling between	one and two years:
	Bank loans - 1-2years				10,000
	Amounts falling due between two and five years:
	Bank loans —1-5years				25,000	39,991
	Amounts falling due in more than five years;
	Repayable by instalments:
	Bank loans more 5yr by instal					5,286
17.	LEASING AGREEMENTS
	Minimum lease payments	under non-cancellable	operating	leases fall due as follows:
					31.12.21	31.12.20
	Within one year				17,151	17,151
	Between one and five years				2,182	6,545
					19,333	23,696
18.	MOVEMENT IN FUNDS
					Net
					movement	At
				At 1.1.21	in funds	31.12.21
				g
	Unrestricted funds
	General fund			93,458	2,480	95,938
	Restricted funds
	Hope ForLatvia				20,914	20,914
	TOTAL FUNDS			93,458	23,394	116,852

			Incoming	Resources	Movement
			resources	expended	in funds
Unrestricted	funds
General fund			470,590	(468,110)	2,480
Restricted funds
Hope For Latvia			20,914		20,914
TOTAL FUNDS			491,504	(468,110)	23,394
Comparatives	for movement	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
		resources	expended	in funds
Unrestricted	funds
General fund		420,068	(403,529)	16,539
TOTAL FUNDS		420,068	(403,529)	16,539

		Net
		movement	At
	At 1.1.20	in funds	31.12.21
Unrestricted funds
General fund	76,919	19,019	95,938
Restricted funds
Hope For Latvia		20,914	20,914
TOTAL FUNDS	76,919	39933	116,852

	Incoming	Resources	Movement
	resources	expended	in funds I
Unrestricted funds
General fund	890,658	(871,639)	19,019
Restricted funds
Hope For Latvia	20,914		20,914
TOTAL FUNDS	911,572	(871,639)	39,933

	The company	has an overdrafl	has an overdrafl	has an overdrafl	facility of817,500. Mr BTRawls	facility of817,500. Mr BTRawls	has provided	a personal guarantee	in respect
	this amount.
20.	RECONCILIATION		OFNET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
								31.12.21	31.12.20
	Net income for the reporting				period (asper the Statement	ofFinancial
	Activities)							23,394	16,539
	Adjustments	for:
	Depreciation	charges						18,056	15,743
	Interest paid							601	625
	Decrease in stocks							4	42
	Decrease in debtors							3,277	5,700
	Increase/(decrease) in creditors							867	(13,182)
	Net cash provided by		operations					46,199	25,467
21.	ANALYSIS	OF CHANGES			IN NET FUNDS
							At 1.1.21	Cash flow	At 31.12.21
							8
	Net cash
	Cash at bank	and in hand					72,006	26,071	98,077
							72,006	26,071	98,077
	Debt
	Debts falling	due within		1year			(4,724)	(5,276)	(10,000)
	Debts falling	due afler	1	year			(45,277)	10,277	(35,000)
							(50,001)	5,001	(45,000)

		Detailed Statement ofFinancial Activities
		for the Year Ended 31December 2021
			31.12.21	31.12.20
INCOME AND ENDOWMENTS
Donations and	legacies
Donations			296,299	270,616
Gift aid			50,568	55,380
			346,867	325,996
Other trading	activities
Lettings income			71,304	38,967
Beverage sales			5,259	4,405
Catering events			3,775	4,144
			80,338	47,516
Other income
Government grants			64,299	46,556
Totalincoming	resources		491,504	420,068
EXPENDITURE
Other trading	activities
Opening stock			171	213
Purchases			7,208	4,411
Bad debts				1,600
Closing stock			(167)	(171)
			7,212	6,053
Charitable activities
Wages			131,995	134,978
Social security			6,803	6,583
Pensions			7,461	5,665
Hire ofplant and machinery			20,485	16,750
Rent			126,349	78,092
Rates and water			2,605	3,662
Insurance			6,339	5,645
Light and heat			18,290	17,984
Telephone			3,253	6,394
Postage and stationery			537	832
Advertising			3,134	2,757
Sundry expenses			521	533
Licences and subscriptions			4,458	5,196
Equipment and	resources		8,994	10,740
Gills and donations			9,982	13,242
Accountancy			8,440	8,400
Bank charges			666	3,488
Client hospitality			1,896	458
Carried forward			362,208	321,399

	for the Year Ended	31December 2021
		31.12.21	31.12.20
Charitable activities
Brought forward		362,208	321,399
Travelling		32,024	16,129
Legal and professional	fees	6,544	9,170
Events and guest speakers		7,210	6,916
Repairs and renewals		20,143	22,086
Cleaning		8,062	5,408
Disallowed input VAT		6,050
Short leasehold		6,355	6,355
Improvements to property		304	304
Fixtures and fittings		6,210	7,451
Motor vehicles		36	48
Computer equipment		5,151	1,585
		460,297	396,851
Support costs
Finance
Bank loan interest		601	625
Total resources expended		468,110	403,529
Net income		23,394	16,539