2021-03-31-accounts - The Whitworth Centre

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Strategic Report
Trustees' Report		2 to S
Statement ofTrustees'	Responsibilities
Accountants' Report
Independent Examiner's	Report
Statement ofFinancial	Activities
Balance Sheet		IO to I I
Nores to the Financial	Statements	12to 24

Trustees				Jeanette Anne Welch
				iver Simon Gill
				Duncan John Taylor (appointed			13August 2020)
				Julie Daly (appointed	I November		2020)
				David Harry Oakley (appointed		4	March 2021)
				Stephen Dean Chrystal	(appointed		1 November	2020)
				Mr Andrew Sullivan
				Mr Alan Long
				Carolyn Mary Davis
				iver Jonathan Riley
Secretary				i&tr Andrew Sugivan
Other Officers				Derley Dale Town Council
Senior 1VIanagement		Team		Paul Taylor, General Nlanager
				Kate Hurford, Finance	Officer
Principal	Office			Station Road
				Derley dale
				ivlatlock
				Derbvshire
				DE4 2EQ
Company	Registration		Number	06330264
Charity	Registration		Number	1122436

				Unrestricted	Restricted	Total
				funds	funds	2021
			)Note		f
Income and Endowments		from:
Donations and legacies				43,296	69,201	11'2,497
Other income				154,046	48,122	202,168
Total income				197.342	117,323	314,665
Expenditure on:
Raising funds				(170,679)	(23,820)	(194,499)
Charitable activities				(39,561)		(39,561)
Total expenditure				(210,240)	(23,820)	(234,060)
Gains/losses on investment		assets		44,945		44,945
Net income				3'2,047	93,503	125,550
Net movement in funds				3'2,047	93,503	125,550
Reconciliation offunds
Total funds brought	forward			368,707	1,572,8S5	1,941,592
Total funds carried	forward		15	400,754	1,666,3SS	2,067,142
				Unrestricted	Restricted	Total
			Note	fundsf	funds	2020
Income and Endowments		from:
Donations and legacies				7,930	4 202	12,132
Other income				180,779	38,122	218,901
Total income				188,709	42,324	231,033
Expenditure on:
Raising funds Charitable activities Total expenditure				(198,945) (16,941) 215,886	(29,652) )29,6 2)	(22S,597) ~16.94 1) ~43, 38
Net (expenditure)/income				(27,177)	12,672	(14,505)
Net movement in funds				(27,177)	12,672	(14,505)
Reconciliation offunds
Total funds brought	forward			395,884	1,560,213	1,956,097
Total funds carried	forward			368,707	1,572,S85	1,941,592

					2021	2020
				iVote
Fixed assets
Tangibl~ assets				8	471,759	430,035
Heritage assets				9	1,560,213	L,560,213
Investments				10	2	2
					2,03 L,974	1.990.250
Current assets
Debtors				Ll	58,941	111,0S3
Cash at bank and in hand				12	110,353	60,804
					169,294	17L,887
Creditors: Amounts	falling due within		one year	13	(46,954)	(33,606)
Net current assets					122,340	138,281
Total assets less current		liabilities			2,154,314	2,128,531
Creditors: Amounts	falling due after		more than one year	14	(87,172)	(186,939)
Net assets					2,067,142	1,941,592
Funds ofthe charity:
Restricted income funds
Restricted funds					1,666,388	1,57'2, 885
Unrestricted income	funds
Unrestricted funds					355,809	36S,707
Revaluation reserve					44,945
Total unrestricted funds					400,754	368,707
Total funds					2,067,142	1,941,592

						Unrestricted
						funds	Restricted	Total
						General	funds	funds
Donations		and	legacies;
	Donations iiom			indivic!uais			40,860	40,860
	Gift aid	reclaimed					2,838	2,838
Grants, including				capital grants;
	Govenunent		grants				25,503	25,503
	Grants	I'rom other charities				43?96		43,296
Total for		2021				43,296	69,201	112,497
Total for		2020				7,930	4,202	12,13'2
4	Expenditure			on raising	funds

				Unrestricted
				funds	Restricted	Total
				General	funds	funds
			iVote
Other direct costs ofactivities		for generating
funds				5,854		5,854
Allocated	support costs			164,825	23,820	188,645
Total for	2021			170,679	23 820	194,499
Total for	2020			198,945	29,652	228,597

			Unrestricted
			funds	Total
			General	funds
		iVote	8
Governance	costs		39,561	39,561
Total for 2020			16,941	16.941

8 Tangible fixed assets
	Land and	Furniture and
	buildings	equipment	Total
Cost
At 1 April 2020	399,055	99,913	498,968
Revaluations	44,945		44,945
Additions		6,034	6,034
At 31March 2021	444,000	105,947	549,947
Depreciation
At 1 April 2020		68,934	6S,934
Charge for the year		9,254	9,254
At 31 iMarch 2021		78,188	78,188
Valet book value
At 31 March 2021	444,000	27,759	471,759
At 31March 2020	399,055	30,979	430,034

9 Heritage assets
	Other heritage	Other heritage
	asset class I	asset class 2	Total
			g
Cost
At I April 2020	1,200,000	360,213	1,560.213
At 31March 2021	1,200,000	360,213	1,560,	13
Depreciation
At 31March 20'21
tVet book value
At 31March 2021	1,200,000	360,213	1,560,213

Shares in group undertakings and participatiag	interests
	Subsidiary
	undertakings		Total
Cost
At 1 April 2020
At 31 lvlarch 2021
Net book value
At 31 March 2021		2		7
At 31 March 2020		2		2

			Country of			Proportion	oi'voting	Principal
Undertaking			incorporation	Holding		and shares	held	activity
						2021	2020
Subsidiary	undertakings
The 3Uhitworth (Trading) Ltd		Centre		2 shares each	ordinary of fi	100%	100%	Trading for Whitworth	ann the
								Charity

ll Debtors
	2P21	2020
Trade debtors	8,127	7,814
Due from group undertakings	47,399	99,269
Prepayments	3,415	4,000
	58,941	111,0S3

12 Cash and cash equi	valents
			2P21	2PSP
Cash at bank			110,353	60,804
13 Creditors: amounts	falling due ivithin	one year
			2021	2020
Bank loans			11,676	11,676
Trade creditors			32,908	is,426
Accruals			2,370	3,504
			46,954	33,606
14 Creditors: amounts	falling due after	one year
			2021	202D
Bank loans			50,898	106,070
Other creditors			36,274	80,869
			87,172	186,939

15 Funds
									Other	Balance at
			Balance at		I	Incoming		Resources	recognised	31IVIarch
			April	2020		resources		expended	gains/(losses)	7011
Unrestricted		funds
General			368,707				197,347	(710,740)	44,945	400,754
Restricted Total funds	funds		1,572,885 1,941,195				117,323 114,66	(23,820) OI40607	1,666,388 4,94,067,14
				Balance at I			Incoming Resources			Balance at31
				April	2019		resources		expended	/VIarch 2020
Unrestricted		funds
General					395,8S4			188,709	(215,886)	368,707
Restricted	funds			1,560,213				42,32-'I	(29,652)	1,57'2, 8S5
Tots I funds				1,956,097				231,033	(245,538)	1,941,592
16 Analysis	ofnet assets between		funds
							Unrestricted			Total funds at
								funds Restricted		31March
							General		funds	2021
Tangible fixed		assets						471,759		471,759
Heritage assets									1,560,213	1,560,213
Fixed asset	investments									7
Current assets								63, 119	106,175	169,294
Current liabilities								(46,954)		(46,954)
Creditors over		I year						(87,172)		(87,172)
Total net assets								400,754	1,666,388	2,067,142

	N	otes to the Financial	Statements for the Year End	ed 31March	2021
			Unrestricted		Total funds at
			funds	Restricted	31t3'farch
			General	funds	2020
Tangible	fixed	assets	430,035		430,035
Heritage	assets			1,560,213	1,560,213
Fixed asset investments			7		2
Current	assets		159,215	12,672	1.71,887
Cunent	liabilities		(33,606)		(33,606)
Creditors	over	1 year	(186,939)		(186,939)
Total net assets			36S,707	1,572,885	(,941,592

		Unrestricted	Funds
			Total	Total
			Unrestricted	Unrestricted
			Funds	Funds
			')021	2020
income and Endowments		t'rom:
Donations and legacies			43,296	7,930
Other income			154,046	180,779
Total income			197,342	188,709
Expenditure on:
Raishtg fisnds Charitable activities			(170,679) ~9.561)	(198,945) )16,941)
Total expendihire			(210,240)	(215,886)
Vier expenditure			(12,898)	(27,177)
V)et movement in funds			(12,898)	(27,177)
Reconciliation offunds
Total funds brought	forward		368,707	395,8S4
Total funds carried	forward		355,809	368,707

			Restricted	Fumls
				Total	Total
				Restricted	Restricted
				Funds	Funds
				1011	2020
income and Endowments			from:
Donations and legacies				69,20 1.	4,202
Other income				48,122	38,122
Total income				117,323	41 3'i4
Espenditure	on:
Raising funds				(23,820)	(29,652)
Total expenditure				(23,820)	(29,652)
Net income				93,503	1.2,672
Net movement	in funds			93,503	12,672
Reconciliation	of	funds
Total 1'unds brought		forward		1,572,885	1,560,213
Total funds carried		forward		1 666 388	I 572 8S5

Detailed Stat	eme	nt	o	fFinancial Activities f	or the Year Ended 31March	2021
					Total	Total
					2021	2020
Income and Endowments		from:
Donations and legacies	(analysed			below)	112,497	12,132
Other income (analysed	below)				202,168	218,901
Total income					314,665	231,033
Expenditure on:
Raising funds (analysed	below)				(194,499)	(228,597)
Charitable activities (analysed			below)		(39,561)	(16,941)
Total expenditure					(234,060)	(245,53S)
Net income/(expendinu	e)				80,605	(14,505)
Net movement in funds					80,605	(14,505)
Reconciliation of funds
Total funds brought forward					1,941,592	1,956,097
Total funds carried fonvard					2,022,197	1,941,592

Detailed Stat	ement ofF	inancial Activi	ties for the	Year Ended 31LVInrch	2021
				Total	Total
				2021	2020
					f
Danaliuns anrl legircies
Appeals and donations				40,860	4,202
Gift Aid tax reclaimed				2,838
UK Govenunent gran.ts				25,503
Grants - other agencies				43,296	7.930
				112,497	12,132
Oilier in conte
Rental income				10,455	IS S2S
Other income				48,122	38, 172
Other income				143,591	161,951
				202,16S	218,901
Rnisiiigfa nrls
Building repairs				(5,854)	(7,416)
Wages and salaries				(92,377)	(108,728)
StaffNIC (Employers)				(6,496)	(17,406)
Statfpensions (Defined	contribution)	- pension scheme	I	(3,189)	(4,510)
Staffwelfare				(9,292)	( I'2,834)
Water rates				(2,188)	(3,850)
Light, heat and power				(I-'1,501)	(23,840)
Insurance				(9,3S3)	(9,147)
General maintenance				(23,820)	(29,652)
Equipment repairs and renewals				(L9,457)	(2,612)
Telephone and fax				(3,685)	(1,987)
Office expenses				(3,206)	(3,768)
Trade subscriptions				1,051)	(2,847)
				( I.94,499)	(228,597)
Clmrilable nclivilies
Sundry expenses				(16)
Consultancy fees				(22,730)
Bank charges				(321)	(369)
Bank interest payable				(4,601)	(5,543)
Depreciation offixtures	and fittings			(9,254)	(7,469)
Accountancy fees				(1,639)	(3,560)
Independent examiner's	fee			L,OOO
				)t'4,44))	i)4,94))