2021-03-31-accounts - Community Foundation For Wakefield

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Statement ofFinancial Activities forthe Year Ended 31March 2021
					2021	2020
		Unrestricted	Restricted	Endowment	Total	Total
	Notes	fund f	funds f	funds	funds f	fundsf
INCOIVIE AND ENDOWMENTS
FROM
Donations and legacies		83,692			83,692	11,082
Charitable activities
Coronavirus Support Fund Fuel Poverty Youth Social Action Fund			9,416 21,873		9,416 21,873	20,888 20,000
Women's Fund			2,000		2,000	2,130
Other trading activities Investment income		26,553 21		11,275	26,553 11,296	40,879 11,792
Otherincome						4
Total		110,266	33,289	11,275	154,830	106,775
EXPENDITURE ON
Raising funds Raising donations and legacies Other trading activities	6	58,101 18,171	247	3,623	61,971 18,171	52,323 7,639
		76,272	247	3,623	80,142	59,962
Charitable activities
Grassroots Endowment				7,145	7,145	7,603
Fuel Poverty			20,000		20,000	15,000
Elderly Persons' Social Isolation Fund			13,437		13,437	2,600
Youth Social Action Fund						20,000
Women's Fund			5,335		5,335
Coronavirus Support Fund			22,945		22,945
Total		76,272	61,964	10,768	149,004	105,165
Net gains/(losses) on investments				99,546	99,546	(31,035)
NET INCOIVIE/(EXPENDITURE)		33,994	(28,675)	100,053	105,372	(29,425)
Transfers between funds	18		3,923	(3,923)
Net movement in funds		33,994	(24,752)	96,130	105,372	(29,425)
RECONCILIATION OF FUNDS
Total funds brought forward		4,340	114,589	380,833	499,762	529,187
TOTAL FUNDS CARRIED FORWARD		38,334	89,837	476,963	605,134	499,762

Balance Sheet 31March 2021
					2021	2020
		Unrestricted	Restricted	Endowment	Total	Total
	Notes	fund f	funds f	funds f	funds f	funds f
FIXEDASSETS
Tangible assets investments	13 14	987		476,705	987 476,705	380,574
		987		476,705	477,692	380,574
CURRENT ASSETS Debtors	15	420	572		992	1,126
Cash at bank and in hand		45753	89,265	258	135,276	128,037
		46,173	89,837	258	136,268	129,163
CREDITORS
Amounts falling due within one year	16	(8,826)			(8,826)	(9,975)
NET CURRENT ASSETS		37,347	89,837	258	127,442	119,188
TOTAL ASSETSLESS CURRENT LIABILITIES		38,334	89,837	476,963	605,134	499,762
NET ASSETS		38,334	89,837	476,963	605,134	499,762
FUNDS Unrestricted funds Restricted funds Endowment funds	18				38,334 89,837 476,963	4,340 114,589 380,833
TOTAL FUNDS					605,134	499,762

DONATIONS	2021	2020
		E
Donations Grants	24,281 59,411	11,082
	83,692	11,082

Grants received, included in	the above, are as follows:
		2021	2020
		E	E
Coronavirus Job Retention Scheme		8,579
Wakefield Council COVID-19 Leeds Enterprise Partnership	Support Digital Fund	46,714 4,118
		59,411

OTHER TRAD	ING ACTIVITIES
				2021	2020
				f	E
Shop income Management fees and service charges Support Club Membership Event sponsorship Coronavirus Job Retention Scheme				8,793 10,630 830 6,300	7,728 12,703 1,215 19,041 192
				26,553	40,879
INVESTMENT INCOME
				2021	2020
				f	E
Interest receivable on fixed asset investments				1,503	1,638
Dividend income				9,772	10,005
Short term bank deposit interest				21	149
				11,296	11,792
INCOME FROM CHARITABLE ACTIVITIES
				2021	2020
	Activity			f	f
Grants	Coronavirus		Support Fund	9,416
Grants	Fuel Poverty			21,873	20,888
Grants	Youth Social		Action Fund		20,000
Grants	Women's	Fund		2,000	2,130
				33,289	43,018

RAISING DONATIONS	D LEGACIES
		2021f	2020f
Staff costs		8,902
Rent, rates and utilities		3,418	4,164
Insurance		1,637	664
Postage and stationery Advertising		926 2,909	625 552
Admin Support Travel		185	62 1,210
Website hosting Professional fees		10,274 24,509	1,878 24,189
Training &networking fees Room hire and event costs		181 1,941	749 11,808
Repairs Accountancy Subscriptions		960 286	1,268 154
Bank charges investment management	costs	2 3,623	3,590
Depreciation Support costs		28 2,190	1,410
		61,971	52,323

CHARITABLE ACflVIT	IES COSTS
				Grant
				funding of
				activities
				(see note
				8)f
Grassroots Endowment				7,145
Fuel Poverty Elderly Persons' Social Isolation Women's Fund		Fund		20,000 13,437 5,335
Coronavirus Support	Fund			22,945
				68,862
GRANTS PAYABLE
			2021	2020
			f	f
Grassroots Endowment			7,145	7,603
Fuel Poverty Elderly Persons' Social Isolation youth Social Action Fund Women's Fund		Fund	20,000 13,437 5,335	15,000 2,600 20,000
Coronavirus Support	Fund		22,945
			68,862	45,203

GRANTS PAYABLE -continued Thttltaidtoinstitutions during the year was asfollows:
e oa grans p	2021	2020
	E	f
The Well Project Community Awareness Programme StMarys Community Project Eastmoor Community Project Ltd Wakefield District Sight Aid Kidz Aware Management fee —Elderly Persons' Isolation Fund Theatre Royal Wakefield Wakefield Council Fuel Poverty Management Fee - Surviving Winter Fund Leeds Community Foundation -Youth Social Action Fund (IIIWill) Wakefield Hospice Management Fee- Youth Social Action Fund Management Fee - Endowment Fund Pontefract Live at Home Shared Harmonies Community Choir Calder Grove Cricket Club Wakefield Trinity Community Foundation Oasis Christian Centre Stepping Stones Baby 8ank Co-Active Arts Star Bereavement Ryhill Community Wrenthorpe Community SETCFoodbank Smathorne Community Trinity Mission	200 200 200 200 3,500 1,500 3,180 18,000 2,000 156 7,145 4,292 5,500 2,965 500 3,000 3,024 2,219 3,796 2,000 200 200 1,000 200 200 200	2,600 13,500 1,500 19,000 1,000 7,603
Salvation Army Church ofthe Resurrection Resource Foodbank Faithnet Foodbank St Catherine's Church Women's Fund Management Charge Coronavirus Support Fund Management Charge	200 200 400 1,000 485 1,000
	68,862	45,203

NET INCOME/(EXPENDITURE)
Net income/(expenditure) isstated after charging/(crediting):
Depreciation -owned assets

The average monthly number	o	fempl	oyee	s during the yea	r was as follo	ws:
							2021	2020
Shop Office							2 1	1
No employees received emoluments			in excess off60,000.
Contributions tothe defined contribution				pension scheme	during the year were f146(2020:fnil). At the balance			sheet
date outstanding contributions		were	f57	(2020:fnil).
COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES
				Unrestricted		Restricted	Endowment	Total
					fund f	fundsf	funds f	funds f
INCOME AND ENDOWMENTS	FROM
Donations and legacies					11,082			11,082
Charitable activities
Fuel Poverty Youth Social Action Fund						20,888 20,000		20,888 20,000
Women's Fund						2,130		2,130
Other trading activities Investment income					32,959 149	7,920	11,643	40,879 11,792
Otherincome					4			4
Total					44,194	50,938	11,643	106,775
EXPENDITURE ON
Raising funds Raising donations and legacies Other trading activities					46,742 1,194	1,992 6,445	3,589	52,323 7,639
					47,936	8,437	3,589	59,962
Charitable activities Grassroots Endowment							7,603	7,603
Fuel Poverty Elderly Persons' Social Isolation Youth Social Action Fund		Fund				15,000 2,600 20,000		15,000 2,600 20,000
Total					47,936	46,037	11,192	105,165
Net gains/(losses) on investments							(31,035)	(31,035)
NET INCOME/(EXPENDITURE)					(3,742)	4,901	(30,584)	(29,425)
Transfers between funds						4,073	(4,073)

forth	e Year Ended 31March	e Year Ended 31March	202	1
12.	COMPARATIVES FOR		THE	STATEMENT OF FINANCIAL	ACTIVITIES - continued
					Unrestricted	Restricted	Endowment	Total
					fund	funds	funds	funds
					f	f		f
					(3,742)	8,974	(34,657)	(29,425)
	RECONCILIATION	OF	FUNDS
	Total funds brought forward				8,082	105,615	415,490	529,187
	TOTAL FUNDS CARRIED FORWARD				4,340	114,589	380,833	499,762
13.	TANGIBLE FIXEDASSETS
								Computer
								equipment f
	COST
	At 1April 2020							428
	Additions							1,015
	At 31March 2021							1,443
	DEPRECIATION
	At 1April 2020							428
	Charge for year							28
	At 31March 2021							456
	NET BOOK VALUE
	At31March 2021							987
	At31March 2020
14.	FIXEDASSETINVESTMENTS
								Listed
								investments
								f
	MARKET VALUE
	At 1April 2020							380,574
	Additions							11,275
	Disposals							(14,690)
	Revaluations							99,546
	At31March 2021							476,705
	NET BOOK VALUE
	At31March 2021							476,705
	At 31March 2020							380,574
	There were no investment			assets outside the UK.
							2021	2020
							f	f
	Rathbones Investment		Management				476,705	380,574
							476,706	380,574

Minimum lease payments under non-cancellable	operating leases fall d	ue asfollows:
			2021	2020
			E	E
Within one year			1,166	1,080
MOVEMENT IN FUNDS		Net	Transfers
		movement	between	At
	At1.4.20 E	in funds f	funds E	31.3.21 E
Unrestricted funds General fund	4,340	33,994		38,334
Restricted funds Fuel Poverty Elderly Persons' Social Isolation Fund Yorkshire Health Charity Fund Sir Rodney Walker Fund Women's Fund Umbrella Fund Coronavirus Support Fund	20,140 67,240 12,859 1,514 11,362 1,474	1,626 (13,437) (3,335) (13,529)	922 (11,685) 235 922 13,529	22,688 53,803 1,174 1,749 8,949 1,474
	114,589	(28,675)	3,923	89,837
Endowment funds Grass Roots	380,833	100,053	(3,923)	476,963
TOTAL FUNDS	499,762	105,372		605,134

			Incoming	Resources	Gains and	Movement
			resources f	expended f	losses f	in funds f
Unrestricted	funds
General fund			110,266	(76,272)		33,994
Restricted funds
Fuel Poverty			21,873	(20,247)		1,626
Elderly Persons' Social Isolation		Fund		(13,437)		(13,437)
Women's Fund			2,000	(5,335)		(3,335)
Coronavirus	Support Fund		9,416	(22,945)		(13,529)
			33,289	(61,964)		(28,675)
Endowment	funds
Grass Roots			11,275	(10,768)	99,546	100,053
TOTALFUNDS			154,830	(149,004)	99,546	105,372

		Net	Transfers
		movement	between	At
	At1.4.19	in funds	funds	31.3.20
	f	f	f	f
Unrestricted funds
General fund	8,082	(3,742)		4,340
Restricted funds
Fuel Poverty	14,236	4,948	956	20,140
Elderly Persons' Social Isolation Fund	69,840	(2,600)		67,240
Yorkshire Health Charity Fund Sir Rodney Walker Fund Women's Fund	10,945 1,269 9,325	1,079	1,914 245 958	12,859 1,514 11,362
Umbrella Fund		1,474		1,474
	105,615	4,901	4,073	114,589
Endowment funds
Grass Roots	415,490	(30,584)	(4,073)	380,833
TOTALFUNDS	529,187	(29,425)		499,762

Detailed Statement ofF fthYEnded31M	ina arc	ncial Activities h2021
ore ear			2021f	2020 f
INCOME AND ENDOWMENTS
Donations and legacies Donations Grants			24,281 59,411	11,082
			83,692	11,082
Other trading activities Shop income Management fees and service charges Support Club Membership Event sponsorship			8,793 10,630 830 6,300	7,728 12,703 1,215 19,041 192
Government grants
			26,553	40,879
Investment income Investment income			11,296	11,792
Charitable activities Grants			33,289	43,018
Other income
Interest on Gift Aid
Total incoming resources			154,830	106,775
EXPENDITURE
Raising donations and	legacies		8,756
Wages			146
Pensions Rent, rates and utilities			3,418 1,637	4,164 664
Insurance			926	625
Postage and stationery			2,909	552
Advertising				62
Admin Support			185	1,210
Travel Website hosting Professional fees Training &networking fees Room hire and event costs			10,274 24,509 181 1,941	1,878 24,189 749 11,808 1,268
Repairs			960
Accountancy			286	154
Subscriptions			2
Bank charges Investment management		costs	3,623 28	3,590
Computer equipment
			59,781	50,913
Other trading activities			81
Purchases			81
Carried forward

Detailed Statement ofF ftheYearEnded31
or	2021	2020
	E	E
Other trading activities	81
Brought forward	101	70
Other direct costs Wages	14,645 494	4,766
Card machine charges	327
Marketing Rent, rates and utilities	1,651	629 276
Insurance		600
Professional	819	104
Repairs	53
Sundry expenses
	18,171	6,445
Charitable activities Grants to institutions	68,862	45,203
Support costs
Governance costs Independent examiners fee	2,190	1,410 1,194
Legal fees
	2190	2,604
Total resources expended	I 149004	105,155
Net income before gains and losses	5,826	1,610
Realised recognised gains and losses Realised gains/(losses) on fixed asset investments	99,546	(31,035)
Net income/(expenditure)	105,372	i29,425i