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||||Page||
|---|---|---|---|---|
|Report ofthe Trustees||1|to|30|
|Independent
Examiner's|Report||31||
|Statement ofFinancial Activities|||32||
|Balance Sheet||33|to|34|
|Cash Flow Statement|||35||
|Notes to the Cash Flow|Statement||36||
|Notes to the Financial Statements||37|to|44|
|Detailed Statement ofFinancial Activities||45|to|46|
|Contents||||
|---|---|---|---|
|Contents|||Page 2|
|Background|||Page 3|
|Local Context|||Page 4|
|Context ofour work|||Page 5|
|Structure ofthe charity|||Page 6-7|
|Risk Management,|Reserves Policy, Selection ofSchools||Page 8|
|Covid Response|||Page9-15|
|World Book Day, Restarting
Experiences|||Page 16|
|Volunteers|||Page 17-18|
|Children
in Care|||Page 19|
|Christmas|||Page 20-21|
|Corporate 'Partners|||Page 22|
|Grant and Trust Funders, The Fundraising||Regulator|Page 23-24|
|Awards and Accolades|||Page 25-26|
|Financial
Planning,|Special Thanks||Page 27- 28|
|The Way Forward|||Page 28 - 29|
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||||||2021|2020|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||funds|funds|funds|funds|
|||Notes|||||
|INCOME AND ENDOWMENTS FROM|||||||
|Donations
and legacies|||219,132|237,135|456,267|391,107|
|Charitable
activities|||||||
|Charitable
Expenses|||127,026||127,026|155,744|
|Other trading activities|||5,296||5,296|24,637|
|Investment
income|||138||138|476|
|Other income|||70,858||70,858||
|Total|||422,450|237,135|659,585|571,964|
|EXPENDITURE ON|||||||
|Raising funds|||5,491|1,250|6,741|61,479|
|Charitable
activities|||||||
|Charitable Expenses|||395,459|237,677|633,136|509,257|
|Other|||3,848|15|3,863|4,419|
|Total|||404,798|238,942|643,740|575,155|
|NET INCOME/(EXPENDITURE)|||17,652|(1,807)|15,845|(3,191)|
|RECONCILIATION|OF FUNDS||||||
|Total funds brought forward|||269,230|20,286|289,516|292,707|
|TOTAL FUNDS CARRIED FORWARD|||286,882|18,479|305,361|289,516|
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|||||2021|2020|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|funds|
||Notes|||||
|FIXEDASSETS||||||
|Tangible assets|13|2,766||2,766|4,129|
|CURRENT ASSETS||||||
|Debtors||35,148||35,148|159,260|
|Cash at bank and in hand||320,719|28,479|349,198|243,948|
|||355,867|28,479|384,346|403,208|
|CREDITORS||||||
|Amounts
falling due within one year|15|(71,751)|(10,000)|(81,751)|(117,821)|
|NET CURRENT ASSETS||284,116|18,479|302,595|285,387|
|TOTAL ASSETSLESSCURRENT||||||
|LIABILITIES||286,882|18,479|305,361|289,516|
|NET ASSETS||286,882|18,479|305,361|289,516|
|FUNDS|16|||||
|Unrestricted
funds||||286,882|269,230|
|Restricted funds||||18,479|20,286|
|TOTAL FUNDS||||303361|269 316|
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||||||2021|2020|
|---|---|---|---|---|---|---|
|||||Notes|||
|Cash flows from operating|activities||||||
|Cash generated
from operations|||||105,112|~66,010)|
|Net cash provided
by/(used|in)|operating||activities|105,112|~66,010)|
|Cash flows from investing|activities||||||
|Interest received|||||138|476|
|Net cash provided
by investing||activities|||138|476|
|Change in cash and cash equivalents|||in||||
|the reporting
period|||||105,250|(65,534)|
|Cash and cash equivalents|at|the|||||
|beginning
ofthe reporting|period||||243 948|309,482|
|Cash and cash equivalents|at|the end|of||||
|the reporting
period|||||349,198|243,948|
##
||OPERATING AC|TIVITI|E|S|||||
|---|---|---|---|---|---|---|---|---|
||||||||2021|2020|
||Net income/(expenditure)||for the reporting||period (as per the||||
||Statement ofFinancial Activities)||||||15,845|(3,191)|
||Adjustments
for:||||||||
||Depreciation
charges||||||1,362|2,033|
||Interest received||||||(138)|(476)|
||Decrease/(increase)|in debtors|||||124,113|(99,043)|
||(Decrease)/increase|in creditors|||||~36,070)|34,667|
||Net cash provided|by/(used||in) operations|||105,112|~66,0)0)|
|2.|ANALYSIS OF CHANGES|||IN NET FUNDS|||||
|||||||At 1.4.20|Cash flow|At 31.3.21|
||Net cash||||||||
||Cash at bank and in|hand||||243,948|105,250|349,198|
|||||||243,948|105,250|349,198|
||Total|||||243,946|105,250|349,198|
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|DONATIONS
AND LEGACIES|||
|---|---|---|
||2021|2020|
|Donations|121,507|153,123|
|Grants|334,760|237,984|
||456,267|391,107|
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||||||2021|2020|
|---|---|---|---|---|---|---|
|Unrestricted|||||10,000||
|Other Restricted|||||250||
|Children
in Need||||||9,644|
|Big Lottery Community|||Fund||9,987|7,670|
|De Winton Family|Trust||||30,000|25,000|
|Sir Julian Thorn|||||1,500|1,000|
|East Coast Community||Fund||||7,949|
|Sir James Reckitt|Trust||||3,000||
|Garfield Weston Foundation|||||40,000|40,000|
|British &Foreign|School Society|||||24,376|
|John Armitage
Charitable|||Trust||50,000|35,000|
|Joseph &Annie Cattle Trust|||||5,000|5,000|
|Hull &East Riding Charitable||||Trust||3,000|
|Local Authority|||||80,965|34,824|
|Palimati Trust|||||||
||||||1,250|1,250|
|The Brelms Trust||||||4,651|
|The Swire Charitable||Trust||||10,000|
|Pavers|||||8,000|5,000|
|Nurture
a Child||||||1,320|
|Asda Community|Fund||||||
|||||||300|
|Austin &Hope||||||1,000|
|Bayfield Charitable|Trust||||||
|||||||1,500|
|Bernard Butler||||||10,000|
|Letterbox|||||7,949||
|Rank Pebble||||||3,000|
|WO Street||||||2,500|
|Casey Trust||||||4,000|
|Angus Lawson Trust|||||17,090||
|Charities Aid Foundation|||||15,000||
|Gilchrist|||||1,750||
|Gosling Foundation|||||2,500||
|Help For Health|||||11,560||
|Lockdown Laptops|||||13,220||
|People's Postcode Trust|||||9,100||
|Two Ridings|||||10,000||
|JYCEB|||||1,000||
|Hillards
Trust|||||1,000||
|Other grants|||||4,639||
||||||334,760|237,984|
||||||The Hull C.U.Ltd|||
|---|---|---|---|---|---|---|---|
|||||Notes to the|Financial Statements - continued|||
|||||for the|Year Ended 31March 2021|||
|3.|OTHER TRADING ACTIVITIES|||||||
|||||||2021|2020|
||Fundraising|events||||5,296|24,637|
|4.|INVESTMENT INCOME|||||||
|||||||2021|2020|
||Deposit account interest|||||138|476|
|5.|INCOME|FROM CHARITABLE ACTIVITIES||||||
|||||||2021|2020|
|||||Activity||||
||Delivery ofservices|||Charitable|Expenses|127,026|155,744|
|6.|RAISING|FUNDS||||||
||Other trading activities|||||||
|||||||2021|2020|
||Purchases|||||6,741|61,479|
|7.|CHARITABLE ACTIVITIES COSTS|||||||
|||||||Support||
||||||Direct|costs (see||
||||||Costs|note 8)|Totals|
||Charitable|Expenses|||631616|1,620|633,136|
|8.|SUPPORT COSTS|||||||
||||||||Governance|
||||||||costs|
||Charitable|Expenses|||||1,620|
|9.|NET INCOME/(EXPENDITURE)|||||||
||Net income/(expenditure)||is|stated after charging/(crediting):||||
|||||||2021|2020|
||Depreciation
-owned assets|||||1,363|2,033|
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|STAFFC|OSTS||||||
|---|---|---|---|---|---|---|
||||||2021|2020|
|Wages and|salaries||||255,160|231,132|
|Social security costs|||||18,279|15,882|
|Other pension costs|||||4,691|4,586|
||||||278,130|251,600|
|The average monthly||number ofemployees||during the year was as follows:|||
||||||2021|2020|
||||||13|11|
|No employees
received emoluments|||in excess of$60,000.||||
|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES|||||||
|||||Unrestricted|Restricted|Total|
|||||funds|funds|funds|
|INCOME|AND ENDOWMENTS||FROM||||
|Donations|and legacies|||273,693|117,414|391,107|
|Charitable|activities||||||
|Charitable|Expenses|||155,744||155,744|
|Other trading activities||||24,637||24,637|
|Investment|income|||476||476|
|Total||||454,550|117,414|571,964|
|EXPENDITURE ON|||||||
|Raising funds||||61,479||61,479|
|Charitable|activities||||||
|Charitable|Expenses|||396,985|112,272|509,257|
|Other||||4,419||4,419|
|Total||||462,883|112,272|575,155|
|NET INCOME/(EXPENDITURE)||||(8,333)|5,142|(3,191)|
##
|12.|COMPARATIVES FOR THE STATEMENT OF FINANCIAL|COMPARATIVES FOR THE STATEMENT OF FINANCIAL|ACTIVITIES - continued|ACTIVITIES - continued||
|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|
||||funds|funds|funds|
||RECONCILIATION|OF FUNDS||||
||Total funds brought|forward|277,563|15,144|292,707|
||TOTAL FUNDS CARRIED FORWARD||269,230|20,286|289 616|
|13.|TANGIBLE FIXED|ASSETS||||
||||||Computer|
||||||equipment|
||COST|||||
||At 1 April 2020 and 31March 2021||||22,387|
||DEPRECIATION|||||
||At 1 April 2020||||18,258|
||Charge for year||||1,363|
||At 31 March 2021||||19,621|
||NET BOOK VALUE|||||
||At 31March 2021||||2,766|
||At 31March 2020||||4,129|
|14.|DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR|||||
|||||2021|2020|
||Trade debtors|||26,870|134,628|
||Other debtors|||7,290|23,809|
||Prepayments|||988|823|
|||||35,148|159,260|
|15.|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE|YEAR|||
|---|---|---|---|---|---|
|||||2021|2020|
||Trade creditors|||3,500||
||Social security and other taxes|||5,481|5,122|
||Accruals
and deferred income|||72,770|112,699|
|||||81,751|117,821|
|16.|MOVEMENT IN FUNDS|||||
|||||Net||
|||||movement|At|
||||At 1.4.20|in funds|31.3.21|
||Unrestricted
funds|||||
||General fund||269,229|17,652|286,881|
||The James Reckitt Library Trust||1||1|
||||269,230|17,652|286,882|
||Restricted funds|||||
||Restricted Donations
Restricted Grants||50
20,236|~),807)|50
18,429|
||||20,286|~1,807)|18,479|
||TOTAL FUNDS||289,516|15,845|305,361|
||Net movement
in funds, included|in the above are as follows:||||
||||Incoming|Resources|Movement|
||||resources|expended|in funds|
||Unrestricted
funds|||||
||General fund||422,450|(404,798)|17,652|
||Restricted
funds|||||
||Restricted Grants||237,135|(238,942)|(1,807)|
||TOTAL FUNDS||659,585|(643,740)|15,845|
##
|||Net||
|---|---|---|---|
|||movement|At|
||At 1.4.19|in funds|31.3.20|
|Unrestricted
funds||||
|General fund|277,562|(8,333)|269,229|
|The James Reckitt Library Trust|1||1|
||277,563|(8,333)|269,230|
|Restricted funds||||
|Restricted Donations|50||50|
|Restricted Grants|15,094|5,142|20,236|
||15,144|5,142|20,286|
|TOTAL FUNDS|292,707|~3,191)|289,516|
||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
|Unrestricted
funds||||
|General fund|454,550|(462,883)|(8,333)|
|Restricted funds||||
|Restricted Grants|117,414|(112,272)|5,142|
|TOTAL FUNDS|57),964|~575,155)|~3,)91)|
##
##
||2021|2020|
|---|---|---|
|INCOME AND ENDOWMENTS|||
|Donations
and legacies|||
|Donations|121,507|153,123|
|Grants|334,760|237,984|
||456,267|391,107|
|Other trading activities|||
|Fundraising
events|5,296|24,637|
|Investment
income|||
|Deposit account interest|138|476|
|Charitable
activities|||
|Delivery ofservices|127,026|155,744|
|Other income|||
|Furlough
grants|70,858||
|Total incoming
resources|659,585|571,964|
|EXPENDITURE|||
|Other trading activities|||
|Fundraising
events|6,741|61,479|
|Charitable
activities|||
|Wages|255,160|231,132|
|Social security|18,279|15,882|
|Pensions|4,691|4,586|
|Insurance|965|911|
|Telephone|1,046|1,742|
|Postage and stationery|1,627|1,151|
|Sundries|347|692|
|Delivery costs|313,131|207,131|
|Promotion
and marketing|16,302|10,611|
|Payroll charges|3,282|4,690|
|DBSchecks|280|727|
|Staff and volunteer
travel|2,611|5,158|
|Tutor costs|12,433|21,251|
|Depreciation oftangible fixed assets|1,362|2,033|
||631,516|507,697|
|Other|||
|Subscriptions
and memberships|3,863|4,419|
##
##
|||2021|2020|
|---|---|---|---|
|Support costs||||
|Governance|costs|||
|Accountancy|and legal fees|1,620|1,560|
|Total resources|expended|643,740|575,155|
|Net income/(expenditure)||15,845|~5,191)|