2020-09-30-accounts - Golden-Oldies

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					Pages
Trustees' annual report (incorporating the			director's	report)	1to7
Independent examiner's report		to the trustees
Statement of financial	activities	(including	income and
expenditure account)
Statement offinancial	position				10
Notes to the financial	statements				11 to 22
The following pages	do not form part ofthe financial statements
Detailed statement offinancial		activities			24to 25
Notes to the detailed	statement	offinancial	activities		26 to 27

						2020		2019
					Unrestricted	Restricted
				Note	funds f	funds f	Total funds f	Total funds f
Income and endowments
Voluntary income				5	262,103	22,277	284,380	337,434
Charitable activities				6	64,679		64,679	74,733
Other trading activities				7	803		803	213
Investment income				8	116		116	101
Total income					327,701	22,277	349,978	412,481
Expenditure
Expenditure on raising funds:
Costs of raising donations			and
legacies				9	216		216	216
Costs ofother	trading	activities		10	2,925		2,925	3,294
Expenditure on charitable		activities		11,12	290,210	38,183	328,393	356,819
Other expenditure				14	64		64	64
Total expenditure					293,415	38,183	331,598	360,393
Net income					34,286	(15,906)	18,380	52,088
Transfers between funds					2,298	(2,298)
Net movement in funds					36,584	(18,204)	18,380	52,088
Reconciliation offunds
Total funds brought	forward				100,852	21,227	122,079	69,991
Total funds carried	forward				137,436	3,023	140,459	122,079

					2020		2019
				Note
Fixed assets
Tangible fixed assets				19		10,334	11,218
Investments				20		1	1
						10,335	11,219
Current assets
Debtors				21	57,708		40,798
Cash at bank and	in	hand			78,971		84,469
					136,679		125,267
Creditors: amounts		falling	due within one year	22	6,555		14,407
Net current assets						130,124	110,860
Total assets less	current		liabilities			140,459	122,079
Net assets						140,459	122,079
Funds ofthe charity
Restricted funds						3,023	21,227
Unrestricted funds						137,436	100,852
Total charity funds				23		140,459	122,079

Voluntary	incom	e
					Unrestricted	Restricted	Total Funds
					Funds	Funds	2020
					E	F	5
Donations
Grants and	donations				262,103	22,277	284,380
					Unrestricted	Restricted	Total Funds
					Funds	Funds	2019
					E	E	5
Donations
Grants and	donations				244,910	92,524	337,434
Charitable	activities
				Unrestncted	Total Funds	Unrestncted	Total Funds
				Funds	2020	Funds	2019
					5		8
Sale ofgoods/services			as part of
direct charitable		activities		36,001	36,001	37,302	37,302
Goldies sessions		income		28,678	28,678	37,431	37,431
				64,679	64,679	74,733	74,733

7.	Other trading	Other trading	activities	activities	activities
								Unrestricted	Total Funds	Unrestricted	Total Funds
								Funds	2020	Funds	2019
								6	6	6
	Fundraising	events						803	803	213	213
8.	Investment	income
								Unrestricted	Total Funds	Unrestricted	Total Funds
								Funds	2020	Funds	2019
								8	6	8
	Deposit account			interest				116	116	101	101
9.	Costs ofraising			donations			and legacies
								Unrestricted	Total Funds	Unrestricted	Total Funds
								Funds	2020	Funds	2019
								8	6	f
	Costs of generating				voluntary		income	216	216	216	216
10.	Costs ofother		trading			activities
									Unrestricted	Restricted	Total Funds
									Funds	Funds	2020
										8	F
	Fundraising	expenditure							2,925		2,925
									Unrestricted	Restricted	Total Funds
									Funds	Funds	2019
										F
	Fundraising	expenditure							2,616	678	3,294

Expenditure	on charitable activitie	s by fund typ	e
			Unrestricted	Restricted	Total Funds
			Funds	Funds	2020
					6
Expenditure	to further the charitable	aims and
objectives			46,794	11,282	58,076
Support costs			243,416	26,901	270,317
			290,210	38,183	328,393
			Unrestricted	Restricted	Total Funds
			Funds	Funds	2019
			F	E	6
Expenditure	to further the charitable	aims and
objectives			66,867	26,061	92,928
Support costs			200,003	63,888	263,891
			266,870	89,949	356,8(9

Expenditure	on	char	itable activities	by activity type
				Activities
				undertaken	Support	Total funds	Total fund
				directly	costs	2020	2019
				F	6	F	F
Expenditure	to further		the charitable
aims and objectives				58,076	258,263	316,339	339,890
Governance	costs				12,054	12,054	16,929
				58,076	270,317	328,393	356,819
Analysis ofsupport			costs
					Support
					costs	Total 2020	Total 2019
					F		F
Staff costs					55,057	55,057	55,431
Premises					10,276	10,276	10,345
Communications		and	IT		1,815	1,815	1,171
General office					5,835	5,835	10,471
Human resources					112,130	112,130	95,(70
Governance	costs				12,054	12,054	(6,929
Sundries					1,706	1,706	2,985
Secretarial	and admin		charges		32,386	32,386	29,623
Motor expenses					8,180	8,180	9,907
Depreciation					2,584	2,584	2,804
Advertising	matenals		and promotions		28,294	28,294	29,055
					270,317	270,317	263,891


14.	Other expenditure
							Unrestricted				Total	Funds	Unrestricted	Total Funds
									Funds			2020	Funds	2019
									F					E
	Bank charges									64		64	64	64
16.	Net income
	Net income is		stated after		charging/(crediting).
													2020	2019
													E	E
	Depreciation	oftangible		fixed assets									2,584	2,804
16.	Independent		examination		fees
													2020	2019
													f	E
	Fees payable		to the independent			examiner		for:
	Independent	examination			ofthe financial		statements						500	500
	Other financial		services										3,148	3,990
													3,648	4,490
17.	Staff costs
	The total staff		costs and	employee		benefits		for	the	reporting		period are	analysed as	follows.
													2020	2019
													f	E
	Wages and salaries												84,622	102,336

session takers (including Goldies Cymru) E29, The average head count of employees during full-time equivalent employees during the year	565 (2019 —f46,905). the year was 4 (2019:4).The average is analysed as follows:	number o
	2020	2019
	No.	No.
Finance officer	1	1
Fundraising	1	1
Shop management	2	2
	4	4

19.	Tangible fixed as	sets
			Fixtures and
			fittings f
	Cost
	At 1 October 2019		28,866
	Additions		1,700
	At 30 September	2020	30,566
	Depreciation
	At 1 October 2019		17,648
	Charge for the year		2,584
	At 30September	2020	20,232
	Carrying amount
	At 30 September 2020		10,334
	At 30 September 2019		11,218
20.	Investments
			Shares in
			gl'oup
			undertaking
			s
			f
	Cost or valuation
	At 1 October 2019and 30 September 2020
	Impairment
	At 1 October 2019and 30 September 2020
	Carrying amount
	At 30 September 2020		1
	At 30September 2019		1

Debtors
			2020 f	2019 f
Trade debtors			12,307	169
Amounts owed		by group undertakings	44,901	39,870
Prepayments	and accrued income		500	759
			57,708	40,798

Creditors: am	ounts f	alling due within one year
			2020 f	2019
Trade creditors			2,578	2,676
Accruals and deferred		income	3,267	8,500
Social security	and other taxes		710	731
Director loan accounts				2,500
			6,555	14,407

				At				At
		1	October	20				30Septemb
			f	19	Income f	Expenditure F	Transfers F	er 2020 f
General	funds		100,852		327,701	(293,415)	2,298	137,436
				At				At
		1	October	20				30Septembe
				18	Income F	Expenditure f	Transfers	r2019
General	funds		45,899		319,957	(269,766)	4,762	100,852

Restricted funds
			At				At
		1 October	20				30Septemb
		F	19	Income f	Expenditure F	Transfers F	er 2020 F
Lottery grant - People
and Places (Go Cyrmu)		21,227		22,277	(38,183)	(2,298)	3,023
WW1 1916-1918
		21,227		22,277	(38,183)	(2,298)	3,023
			At				At
		1 October	20				30Septembe
			18	Income	Expenditure	Transfers	r2019
		E		E	6	6
Lottery grant —People
and Places (Go Cyrmu)		13,198		87,524	(75,651)	(3,844)	21,227
WW1 1916-1918		10,894		5,000	(14,976)	(918)
		24,092		92,524	(90,627)	(4,762)	21,227
Analysis ofnet assets between funds
					Unrestncted	Restricted	Total Funds
					Funds	Funds	2020
					f	F	f
Tangible fixed assets					7,384	2,950	10,334
Investments					1		1
Current assets					136,606	73	136,679
Creditors less than	1 year				(6,555)		(6,555)
Net assets					137,436	3,023	140,459
					Unrestricted	Restncted	Total Funds
					Funds	Funds	2019
					6	6	6
Tangible fixed assets					7,531	3,687	11,218
Investments					1		1
Current assets					107,727	17,540	125,267
Creditors less than	1 year				(14,407)		(14,407)
Net assets					100,852	21,227	122,079

			2020f	2019f
Income and endowments
Voluntary income
Grants and donations			284,380	337,434
Charitable activities
Sale ofgoods/services	as part ofdirect chantable	activities	36,001	37,302
Goldies sessions income			28,678	37,431
			64,679	74,733
Other trading activities
Fundraising events			803	213
Investment income
Deposit account interest			116	101
Total income			349,978	412,481

			Year ended 30Septemb	er 2020
				2020	2019
				E	8
Expenditure
Costs of raising	donations		and legacies
Other office costs				216	216
Costs ofother trading		activities
Rent				2,925	3,294
Expenditure on charitable			activities
Wages and salanes				84,622	102,336
Rent				12,576	14,799
Rates and water				559	550
Light and heat				1,967	1,686
Insurance				1,000	909
Motor vehicle expenses				14,461	23,721
Other motor/travel	costs			2,565	6,544
Legal and professional		fees		44,440	46,552
Telephone				1,815	1,171
Other office costs				19,674	27,287
Depreciation				2,584	2,804
Advertising				28,294	30,305
Sundries and DBScheck				1,706	2,985
Project managers	and chief		officer fees	112,130	95,170
				328,393	356,819
Other expenditure
Bank charges				64
Total expenditure				331,598	360,393
Net income				18,380	52,088

Notes	to	the Detailed Statement of Fi	the Detailed Statement of Fi	nancial A	ctivities
		Year ended 30September		2020
					2020	2019
						F
Costs of raising donations		and	legacies
Costs ofgenerating voluntary			income
Sundnes					216	216
Costs of raising donations		and	legacies		216	216
Costs ofother trading	activities
Fundraising expenditure
Fundraiser					2,925	3,294
Costs ofother trading	activities				2,925	3,294

						2020f	2019f
Expenditure	on	charitable		activities
Expenditure	to further		the	charitable	aims and objectives
Activities undertaken			directly
Session leaders						29,565	46,905
Room hire						5,826	7,599
Goldies travel						6,281	13,814
Session leaders		travel				2,565	6,544
Sundries						13,839	16,816
Donations							1,250
						58,076	92,928
Support costs
Wages						55,057	55,431
Office rental						6,750	7,200
Rates and water						559	550
Light and heat						1,967	1,686
Insurance						1,000	909
Motor vehicle	expenses					8,180	9,907
Secretarial and admin charges						32,386	29,623
Telephone						1,815	1,171
Postage and	Stationery					5,835	10,471
Depreciation	oftangible		and	Profit/Loss	of Disposal	2,584	2,804
Advertising and promotions						28,294	29,055
Sundries						1,706	2,985
Project managers		and chief		officer fees		112,130	95,170
						258,263	246,962
Governance	costs
Accountancy						3,648	4,490
Professional fees						8,406	12,439
						12,054	16,929
Expenditure	on	charitable		activities		328,393	356,819