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|||||||Page|
|---|---|---|---|---|---|---|
|Trustees'
annual
report (incorporating|||the|director's|report)||
|Independent|auditor's
report to the members|||||19|
|Statement|offinancial
activities|(including||income|and||
|expenditure|account)|||||23|
|Statement|offinancial
position|||||24|
|Statement|ofcash flows|||||25|
|Notes to the financial statements||||||26|
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||||Ye|ar ende|d 31August|2020|||
|---|---|---|---|---|---|---|---|---|
|||||||2020||2019|
||||||Unrestricted|Restricted|||
||||||funds|funds|Total funds|Total funds|
|||||Note|6|6|K|2|
|Income and endowments|||||||||
|Donations
and legacies||||5|546,696|355,701|902,397|1,169,795|
|Charitable
activities||||6|149,766||149,766|206,444|
|Other trading
activities||||7|5,000||5,000|24,637|
|Total income|||||701,462|355,701|1,057,163|1,400,876|
|Expenditure|||||||||
|Expenditure
on raising funds:|||||||||
|Costs ofraising donations|||and||||||
|legacies||||8|22,709||22,709|45,900|
|Expenditure
on charitable||activities||9,10|929,428|278,182|1,207,610|1,355,656|
|Total expenditure|||||952,137|278,182|1,230,319|1,401,556|
|Net expenditure|||||(250,675)|77,519|(173,156)|(680)|
|Transfers between|funds||||77,519|(77,519)|||
|Net movement
in|funds||||(173,156)||(173,156)|(680)|
|Reconciliation of|funds||||||||
|Total funds brought|forward||||69,188||69,188|69,868|
|Total funds carried forward|||||(103,968)||(103,968)|69,188|
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|||||31August|2020|||||
|---|---|---|---|---|---|---|---|---|---|
||||||Note|f|2020||2019|
|Fixed assets||||||||||
|Tangible fixed assets|||||16|||2,384|2,157|
|Current assets||||||||||
|Debtors|||||17|147,757|||194,418|
|Cash at bank and|in hand|||||92,502|||52,896|
|||||||240,259|||247,314|
|Creditors: amounts||falling|due within|one year|18|296,611|||180,283|
|Net current liabilities||||||||(56,352)|67,031|
|Total assets less|current||liabilities|||||(53,968)|69,188|
|Creditors: amounts||falling|due after|more than||||||
|one year|||||19|||50,000||
|Net liabilities||||||||(103,968)|69,188|
|Funds ofthe charity||||||||||
|Unrestricted
funds||||||||(103,968)|69,188|
|Total charity funds|||||21|||(103,958)|69,188|
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||Year end|ed 31August 202|0||
|---|---|---|---|---|
||||2020|2019
f|
|Cash flows from operating|activities||||
|Net expenditure|||(173,156)|(680)|
|Adjustments
for:|||||
|Depreciation
oftangible
fixed assets|||1,873|791|
|Interest payable
and similar|charges||40|1,570|
|Accrued expenses/(income)|||8,114|(164,912)|
|Changes/n:|||||
|Trade and other debtors|||43,493|(13,151)|
|Trade and other creditors|||111,382|61,774|
|Cash generated
from operations|||(8,254)|(114,608)|
|Interest paid|||(40)|(1,570)|
|Net cash used in operating|activities||(8,294)|(116,178)|
|Cash flows from investing|activities||||
|Purchase oftangible assets|||(2,100)|(2,238)|
|Net cash used in investing
activities|||(2,100)|(2,238)|
|Cash flows from financing|activities||||
|Proceeds from borrowings|||50,000||
|Net cash from financing
activities|||50,000||
|Net increase/(decrease)
in cash and cash||equivalents|39,606|(118,416)|
|Cash and cash equivalents|at beginning|ofyear|52,896|171,312|
|Cash and cash equivalents|at end ofyear||92,502|52,896|
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|Donations
a|nd l|egacies|||||
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Funds|
||||Funds|Funds||2020|
||||E|E||E|
|Donations|||||||
|Donations|||465,051||465,051||
|Grants|||||||
|Foundations|and|trusts|21,354|355,701|377,055||
|Other donations||and legacies|||||
|Other income|||60,291|||60,291|
||||546,696|355,701|902,397||
||||Unrestricted|Restricted|Total Funds||
||||Funds|Funds||2019|
||||E|E||E|
|Donations|||||||
|Donations|||659,974||659,974||
|Grants|||||||
|Foundations|and|trusts|98,918|371,300|470,218||
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|5.|Donations|and|and|legacies|(conrrrrrrrrrs|(conrrrrrrrrrs|||||
|---|---|---|---|---|---|---|---|---|---|---|
|||||||||Unrestricted|Restricted|Total Funds|
|||||||||Funds|Funds|2019|
|||||||||||E|
||Other donations|||and legacies|||||||
||Other income|||||||39,603||39,603|
|||||||||798,495|371,300|1,169,795|
|6.|Charitable|activities|||||||||
||||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||||||Funds|2020|Funds|2019|
|||||||||E||E|
||Training||||||149,766|149,766|206,444|206,444|
|7.|Other trading||activities||||||||
||||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||||||Funds|2020|Funds|2019|
||||||||E|F.|E|E.|
||Fundraising|events|||||5,000|5,000|24,637|24,637|
|8.|Costs of raising|||donations||and legacies|||||
||||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||||||Funds|2020|Funds|2019|
||||||||E.|E||E|
||Fundraising|and||development|||22,709|22,709|45,900|45,900|
|9.|Expenditure||on|charitable||activities|by fund type||||
|||||||||Unrestricted|Restricted|Total Funds|
|||||||||Funds|Funds|2020|
|||||||||E|F|E|
||Programmes|||||||560,197|221,813|782,010|
||Support costs|||||||369,231|56,369|425,600|
|||||||||929,428|278,182|1,207,610|
|||||||||Unrestricted|Restricted|Total Funds|
|||||||||Funds|Funds|2019|
|||||||||||E|
||Programmes|||||||624,346|307,781|932,127|
||Support costs|||||||346,681|76,848|423,529|
|||||||||971,027|384,629|1,355,656|
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|Expenditure|on charitable
a|ctivities
by activity typ|e|||
|---|---|---|---|---|---|
|||||Total funds|Total fund|
|||Programmes|Support costs|2020|2019|
|||6|6|6|6|
|Programmes||782,010|399,804|1,181,814|1,341,838|
|Governance|costs||25,796|25,796|13,818|
|||782,010|425,500|1,207,610|1,355,656|
##
|11.|Analysis ofsup|port c|o|sts||||||
|---|---|---|---|---|---|---|---|---|---|
||||||Analysis||of|||
||||||support costs|||Total 2020|Total 2019|
|||||||6||6|F|
||Staff costs|||||239,765||239,765|208,469|
||Premises|||||69,926||69,926|98,751|
||Governance
costs|||||25,795||25,795|13,820|
||Other support costs|||||90,114||90,114|102,489|
|||||||425,600||425,600|423,529|
|12.|Net expenditure|||||||||
||Net expenditure|is stated||after charging/(crediting):||||||
|||||||||2020
6|2019
f|
||Depreciation
of|tangible||fixed assets||||1,873|791|
|13.|Auditors
remuneration|||||||||
|||||||||2020
6|2019
f|
||Fees payable for the audit ofthe financial statements|||||||4,200|4,200|
|14.|Staff costs|||||||||
||The total staff costs and|||employee|benefits for the reporting|period|are|analysed
as|follows:|
|||||||||2020|2019|
|||||||||6|6|
||Wages and salaries|||||||682,158|610,702|
||Social security costs|||||||26,419|28,138|
||Employer contributions||to pension||plans|||18,171|15,535|
||Other employee|benefits||||||39,888|31,353|
|||||||||766,636|585,728|
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|offull-ti|me|equivalent|e|mployees
during
the year is a|
nalysed as follows:||
|---|---|---|---|---|---|---|
||||||2020|2019|
|Number
Number|of
of|production
staff
management
staff|||No.
19
1|No.
19
1|
||||||20|20|
|Number ofmanagement
s|taff|1
20|2|
|---|---|---|---|
|The number ofemployees|whose remuneration|for the year fell within the following|bands, were:|
|||2020|2019|
|6190,000to 6199,999||No.|No.
1|
|f200,000to f209,999||||
##
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##
|||Fixtures and|||
|---|---|---|---|---|
|||fittings|Equipment|Total|
|Cost||6|6||
|At 1 September 2019
Additions||360|3,189
2,100|3,549
2,100|
|At 31August|2020|360|5,289|5,649|
|Depreciation|||||
|At1 September 2019
Charge for the year||75
180|1,317
1,693|1,392
1,873|
|At 31August|2020|255|3,010|3,265|
|Canying
amount|||||
|At 31August|2020|105|2,279|2,384|
|At 31August|2019|285|1,872|2,157|
|Debtors|||||
||||2020
f|2019
6|
|Prepayments
Other debtors|and accrued income||5,354
142,403|14,734
179,684|
||||'l47,757|194,418|
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|Unrestri|cted
funds|||||||||
|---|---|---|---|---|---|---|---|---|---|
||||At||||||At|
|||1|September
2019
f|Income
f|Expenditure|Transfers
f|31|August|20
20|
|General|funds||69,188|701,462|(952,137)|77,519||(103,968)||
||||At||||||At|
|||1|September
2018
8|Income
6|Expenditure|Transfers
f|31|August
f|20
19|
|General|funds||69,868|1,029,576|(1,016,927)|(13,329)||69,188||
##
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##
|Analysis ofcharitable
Restricted funds|funds
(continued)|||||
|---|---|---|---|---|---|
||At||||At|
||1 September
2019|Income|Expenditure|Transfers|31August
2020|
||5|6|||5|
|BBCChildren
In Need
The National
Lottery||46,222|(46,222)|||
|Community
Fund||||||
|The Careers &||||||
|Enterprise
Company||||||
|Four Acre Trust
The Dulverton
Trust
John Lyon's Charity
The Drapers'
Charitable||25,000
44,709
30,000|(25,000)
(33,265)
(52,194)|(11,444)
22,194||
|Fund||||||
|Newby Trust
The Swire Charitable||15,000|(15,000)|||
|Trust||33,500|(33,500)|||
|Wellington
Management||||||
|UK Foundation
Bank ofAmerica||30,000|(23,979)|(6,021)||
|Foundation
Simmons
8 Simmons||106,270|(22,722)|(83,548)||
|Charitable
Foundation
People's Postcode Trust||5,000
20,000|(6,300)
(20,000)|1,300||
|||355,701|(278,182)|(77,519)||
||At||||At|
||1 September
2018
5|Income
f|Expenditure
5|Transfers|31 August
2019
5|
|BBCChildren
In Need
The National
I ottery||41,775|(42,474)|699||
|Community
Fund||167,053|(167,053)|||
|The Careers &||||||
|Enterprise
Company
FourAcre Trust
The Dulverton
Trust||12,672
25,000
35,000|(12,672)
(25,000)
(42,530)|7,530||
##
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|21.|Analysis ofcharitable|Analysis ofcharitable|funds|fcosrinuee||||||
|---|---|---|---|---|---|---|---|---|---|
||John Lyon's Charity||||30,000|(30,094)|94|||
||The Drapers'
Charitable|||||||||
||Fund||||10,000|(15,006)|5,006|||
||Newby Trust|||||||||
||The Swire Charitable|||||||||
||Trust|||||||||
||Wellington
Management|||||||||
||UK Foundation||||15,000|(15,000)||||
||Bank ofAmerica|||||||||
||Foundation||||29,8OO|(29,8OO)||||
||Simmons
&Simmons|||||||||
||Charitable
Foundation
People's Postcode Trust||||5,000|(5,000)||||
||||||371,300|(384,629)|13,329|||
|22.|Analysis of net assets||between funds|||||||
|||||||Unrestricted|Restncted|TotalFunds||
|||||||Funds|Funds||2020|
|||||||E|f||E|
||Tangible fixed assets|||||2,384|||2,384|
||Current assets
Creditors less than
1
Creditors greater than|year
1 year||||189,009
(245,361)
(50,000)|51,250
(51,250)|240,259
(296,611)
(50,000)||
||Net liabilities|||||(103,968)||(103,968)||
|||||||Unrestricted|Restricted|Total Funds||
|||||||Funds|Funds||2019|
|||||||E|E|||
||Tangible fixed assets|||||2,157|||2,157|
||Current assets|||||195,646|51,668|247,314||
||Creditors less than
1
Creditors greater than|year
1 year||||(128,615)|(51,668)|(180,283)||
||Net assets|||||69,188||69,188||
|23.|Analysis ofchanges|in|net debt|||||||
|||||||||At||
||||||At|1 Sep 2019|Cash flows|31 Aug|2020|
|||||||E|E||E|
||Cash at bank and
in hand|||||52,896|39,606|92,502||
||Debt due after one year||||||(50,000)|(50,000)||
|||||||52,896|(10,394)|42,502||