East End Oevelopmert Trust Umlted Charlty No. 1124 Company No. 05157617 TNst¢es' Report and Unaudlted Accounts 30 June 2021
East End Development Trust Limited Cont•nt5 Pages 2to5 Trustees, Annual Report Independent Exarniner's Report Statement of Financial Activities Summary Income and Expenditure Account Balance Sheet Statement of Cash flows Iotoll Notes to the Accounts 12to18 Detalled Statement of Flnanclal Actfvrtles 19to20 PaRe I
&irt End Development Trust Limited Trustees Annual Report The Trustees, who are also directors of the charity for the purposes ofthe Companies Art 2CX)6, present thelr report wlth the unaudited financial ststements of the charity for the year ended 30 June 2021. REFERENCE AND ADMINisfRATIVE DEfAILS Company No. 05157617 Charfty No. 1124962 Re8lstered Offlce East End Community Resource 4A Cattedown Road Plymouth Devon PL4 OAY Dlrectors and Trust•es The Directors of the charitable company are Its Trustees for the purposes of charlty law. The followlng Directors and Trustees serrfed durln8 the year: R,P. Compton D.J. Crowe S.E. Dann M.E. Dunbar l.F. Hunt E.S. Rennie C. Turner Accountants Deepblue Accountants Ltd Unit 112 91 Mayflower Street Plymouth Oevon PLI ISB OBJEcfivES AND ACTIVITIES EEDT is a company Ilmited by guarantee ha4llng no share capital and a re8lstered chartty. The Ilablllty Is limited, in the event ofthe company beingwound up. to a maximum of £1 per member the company was fomed on 18 June 2004. company registratlon number 05157617. PaAe 2
East End Development Trust Llmlted Trustee5 Annual Report EEDT'S objects include.. l. To relieve persons who are in condrtion5 of need. hardship or distress by reason of their social and economic clrcumstances. 2, To provide or a551St In the provision of housin8 accommodation, includlng taking responsibility of holdingjallocating commuted sums derived from development in the area for affordable housing. 3. To promote the advancement of education and learnin& including tralning in skills relevant to Securing employment 4, To hold, allocate and manage assets and sums of money for the benefit of the wider communlty 5. To provide facilities for publlc recreation or other leisure time occupation in the interests of social welfare wlth the object of Improvlng conditlons of life 6, To promote communlty businesses and soclal enterprises which are non-profit dlstrlbuting whlch employ the whole of their profits for the publlc benefit and whose objectives and activities a to the benefit of the wldeT community Pale 3
East End Development Trust Umited Trustees Annual Report The company shall have the following powers exercisable in furtherance of said objects or any of them but not otherwise namely. I, To promote the community businesses which are non-profit making or which employ whole of thelr profSts for the publlc benefli and whose objectives and activities are directed towards the provision of pald employment to poor residents of the area of benefft or towards relief of the poor residents of the area of benefit or towards other purpose5 of general public utility and acquisition and holding of shares, stock, debentures, and other interest in companies whose objertives and activities are 50 directed and provision of managerial and supervisory and consultancy seNices to or in respect of such companies. 2, To supplement and compllment (but not replaol exlstlng statutory servlces and to cooperate wlth statutory authorities and voluntary organisations having similar aims. 3, To purchase, lease or otherwise acquire any assets (including property). which may be deemed necessary or convenient In furtherance of the above objects. 4, To write, prlnt, publish and circulate Igratuitously or otherwise) any newspapers, periodicals, pamphlets, reports, journals. film5 or other material furtherance of the objects. 5, To construct, malntaln, Improve. rebulld and alter any houses. bulldlngs or works necessary for the objects ofthe company. 6, To accept glfts of any property or money includin8 any interest therein. whether subject to any special trust or not, for any one or more of the objects of the company. 7, To purchase or othen¥lse acqulre or create and hold any communlty space or industrial unlt5 only In furtherance of sald objerts. 8, Sublert to such constralnts as mav be requlred by law to sell, manage, lease, mortgage, charge, Insure, dlspose of. or otherwise deal with or turn to account all or any part of the property of the company. 9, Sublect to such consents as may be requlred by law to borrow and ralse money for the purposes of the company In such a manner as the company may thlnk flt. 10, To invest Income recelved by the company not Immedlately requlred for the purposes In or upon such Investments, securitles or property of whatever nature and wherever situated or place the same on deposlt Interest with any bank, Insurance company or local authorlty as may be thought fit. . 11. To hold money derived from Ical developments for the purpose of provldlng affordable houslng. To allocate that money to schemes in accordance with the authorities estsblished by the companv. 12, To employ andlor engage persons for eath and any of the objects andlor purposes of the company and make all reasonable and necessary provisions for the payment of pensions and the superannuatlon beneflts to or In speCt of employees and their other dependents. ' 13, To establish and support. and to ald In the establishment and support of. any other trusts. assoclatlons. bodies corporations wheresoever constituted or operating fonned exclusively for all or any of the objects of the tompany. 14. To foster and undertake research and consultation into any aspect of the objects of the company and is works slnce disseminate the results of such re5earth. PaRe 4
East End Development Trust Umlted Trustees Annual Report 15, To draw. make, accept, endorse, discounts. execute and issue promissory note5. bills, cheques and other Instruments and to operate bank accounts. 16, To insure and arrange IranCe cover for and to end indemnify its officers. servants and voluntary workers from and against such rfsks Incurred because of the perfomance of their duties as may be thought 17, To pay out of the fund5 of the company costs. tharges and expenses of and incidental nature of the formation of the registration under the Companles Act. 18, To to do all such other lawful things in order to further the attainment of the above objects or any of them. 19. To obtaln all necessary pemilts, lInCeS or trademarks required for the purpose of enabling the company to cary out Its objerts upon such terms and conditions as it may think fit. ACHIEVEMENTS AND PERFORMANCE The year ended 30 June 2021 shows a surplus. However It Is worth noting that thls year the company received much Covid-19 related grant fundin& making up almost 60% of the totsl income. Thi5 ha5 been mainly spent on keepin8 the centre runnlng. The Trust's business wlll continue to be closely monitored by Its Directors to ensure that It can continue to meet Its aims and objectlves for the comln8 year and beyond. FINANCIAL REVIEW The Statement of Flnanclal Artlvltles shows an excess of of £24,03412020 was an excess of expendlture over Income of £4,924). Total net funds stand at £30,45112020: £25,527) at the year-end lof which £90412020.. £1,206) Is held In flxed a55etsl. The Dlrectors actlvely revlew the major rlsks that the company faces on a regular ba515. They have examlned the operational and buslness rlsks faced by the company conflrmed that they have establlshed systems to mitigate si8nificant rlsks. The Trustees are responslble for keepin8 proper accountlng records that dlsclose wlth reasonable accuracy at any tSme the financial position of the charity and to enable them to ensure that the financial statements omply with the Companles Act 2006. The Trustees are also responslble for safeguarding the assets of the charity and hence tsking reasonable steps for the prevention and detection of fraud and other irregularities. The above report has been prepared in accordance wlth the provlslons applicable to companles sublect to the Small companies reglme as set out In Part 15 of the Companies Act 2CK)6 and in accordance with the Charitles SORP IFRS 1021. Signed on behalf of the board S.E. Dann Trustee M.E. Dunbar Trustee 17 December 2021 PaRe 5
Easl End Development Trust Umlted Independent Examiners Report Independent Examlner's Report to the trustees of East End Devèlopment Trust Limited I report to the charity trustees on my examination of the accounts of East End Development Trust Limited for the year ended 30 June 2021 which comprise the Statement of Financial Activities, the Summary Income and Expenditure Account, the Balance Sheet, the Ststement of Cash Flow5 and the related notes. Respon5ibi1Stles and basis of report As the trustees of the charity land also its dirertors for the purposes of company lawl you are responsible for the preparatlon of the accounts in accordance with the requirements of the Companies Act 20061'the 2006 Act. Having sat15fied myself that the accounts of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination. I report in respert of my examination of your charlty'5 accounts a5 carried out under Section 145 of the Charltles Act 20111'the 2011 Att'l. In carrying out my examinatlon I have followed the Dirertions glven by the Charity Commission under section 14515llbl of the 2011 Art. Independent examlner's statemtnt I have completed my examination. I can confirm that no material matters have come to my attention in onnection with the examination giwng me cause to believe that.. accountln8 records were not kept in accordance with section 386 of the 2006 Act . or the accounts do not accord with those records: or the accounts do not comply with the accounting requlrements under settion 396 of the 2C()6 Act other than any requirement that the accounts give a 'true and falr, view which 15 not a matter considered as part of an independent examination,. or the accounts have not been prepared in accordance with the CharIt$ SORP IFRS 1021. I have no concerns and have come across no other matters In connectlon wlth the examlnatlon to whlch attentlon should be drawn in thls report in order to enable a proper understanding of the account5 to be reached. Sarah Glenister FCCA Association of Chartered CertFfied Accountants Deepblue Accountants Ltd Untt 112 91 Mayflower Street Plymouth Devon PLI ISB 17 December 2021 PaRe 6
East End Development Trust Umlted ststement of Flnanclal Artivitles for the year ended 30 June 2021 Unrestrlrted Restrirted lunds Total funds Total funds 2021 2021 2020 2021 Notes Income and endowments from: Donation5 and legacles Charltable artivities Other trading activities Other 1,260 1,260 5,792 612 368 38,948 62,646 62,646 Total 62,646 1,260 63,906 45,720 Expendlture on: Other 39,640 232 39,872 40.796 Total 39,640 232 39.872 40.796 Net 8aSns on investments Net In¢ome 23.6 1.028 24.034 4,924 Transfers between funds Net Income before other alnsl(losses) 23.IK16 1.028 24.034 4,924 Other galns and losses Net movement Infvnds 23.CQ6 1,028 24,034 4,924 Reconclllatlon ol funds: Total funds brou8ht forward 17,899 12,552 30,451 25,527 Total funds carrled fornard 40,905 13.580 54,485 30,451 PaRe 7
East End Development Tt Llmlted Summary Income and ExnditUre Account for the year ended 30 June 2021 2021 2020 Income 63,906 45,720 Gross Intorne for the year Expenditure 63,906 45,720 39,301 39.950 Interest payable 269 Depreciatlon and charges for impairment of fixed assets 302 402 Total expendltyre for the year Net inwme before tax for the year 39,872 40,796 24,034 4,924 Net Income for the year 24,034 4,924 Pa2e 8
East End Development Tst Umlted alance Sheet at 30June 2021 Company No. 05157617 2021 2020 Flxed assets Tanglble assets li 904 1.206 1,206 904 Curent assets Debtor5 Cash at bank and in hand 12 880 54.050 54.930 {1.3491 53.581 154 32,163 32.317 13.0721 29,245 Credltors: Amount falling due within one year Net current assets 13 Total assets less curr•nt Ilabllttles 54,485 30.451 Net assets ex¢ludlni penslon •59et or Ilablllty Total net 4$5ets 54,485 30,451 54,485 30,451 The funds of the charlty Restrlrted funds Restricted income funds 14 13,580 13,580 12,552 12,552 Unrestrlcted funds General funds 14 40,905 17.899 40,905 17,899 R•$erves 14 Totsl funds 54.485 30.451 These accounts have been prepared In accordance wlth the speclal provlslons of Part 15 of the Companles Act 2(K)6 relatlng to small companies. For the year ended 30 June 2021 the company was entftled to exemptlon under sectlon 477 of the Companles Act 2(K16 relating to small companies. The members have not required the company to obtsin an audit in accordance wlth sertlon 476 of the Companies Act 2CNJ6. The directors a¢knowledge their responsibilities for complying with the requlrements of the Companies Act 2(XJ6 with respect to accountln8 records and the preparation of accounts. Approved by the board on 17 December 2021 And slgn on its behalf by: S.E. Dann Trustee 17 December 2021 M.E. Dunbar Trustee PaRe 9
East End Development Trust Llmitsd ststement of Cash Ilows for the year ended 30 June 2021 2021 2020 Cash flows from operatlng actfvltles Net Income per Stlternent of Flnandal Artlvltl•s 24.034 4,924 Adjustments for: Depreclation of property. plant and equlpment Dlvidends, interest and rents from investments Other gainsllosses Decrease in stocks Increase In trade and other receivables (Decreaselllncrease in trade and other payables 302 162.6461 402 138,9481 817 17261 12621 597 Net cash used In oper•tlng actoleS 139,2981 132.2761 Cash flow5 from Investlng actlvltl•s DlvSdend5, Interest and rents from Investments 62.646 38,948 Net cash from Investlni *dfvltles 62.646 38.948 Cash flows Irom financlnB actlvftl Repayment of borrowin8S (1,4611 13,302} Plet cash used In fin•ncln8 artl¥ftles 11,4611 13,3021 Net Increase In ¢•$h and cash equlvalents 21.887 3,370 Cash •nd cash equlvalents •t the beglnnlng of th• year 32.163 28,793 Cash and cash equlvalents at the end of the ye•r 54,050 32.163 Components of cash and cash equlvalents Cash and bank balances $4,050 32,163 54.050 32,163 Pale 10
Easl End Development Trusl Umlted Note5 to the Accounts for the year ended ao June 2021 l Accountlng polkles Ba$55 of preparatlon The financial statements have been prepared in accordan with Accounting and Reportlng by Charitles.. Statement of Recommended Prattlce applicable to charities preparing their accounts In accordance wlth the Financial Reporting 5tsndard applicable in the UK and Republic of Ireland IFRS 1021 (effective I January 20151 Icharities SORP {FRS 102)). the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Cornpanies Act 2(WJ6. Change In basls of accourtlng or to wevlous accounts There has been no change to the accounting policies (valuation rules and method of accounting) slnce last year and no changes have been made to accounts for previous years. Fund a¢¢ountlni Unrestrl¢ted funds These are available for use at the dlscretion of the trustees in furtherance of the general objects of the chartty. These are unrestricted funds eamiarked by the trustees for particular purposes. These are unrestrirted fund5 which include a revaluation reserve representin8 the restatement of investment assets at their market value5. These are avallable for use subjert to restrlrtlons Imposed by the donor or through terms of an appeal. Deslgnated funds Revaluation funds Restrlcted funds Incomq Recognltlon of Income Income Is Included In the Statement of Flnanclal Actlvltles {SoFA) when the charlty becomes entitled to, and virtually certain to recelve, the Income and the amount of the Income can be measured wlth sufflcient rellablllty. Income wlth related Where income has related expenditure the income and related expendlture Is expenditure reported gross in the SOF Donatlons and legacies Voluntary income recefved by way of grants. donations and gifts is included In the the SOFA when receivable and only when the Charity has unconditional entitlement to the Income. Tax reclalms on Income from tax reclalms Is Induded in the SOFA at the same tlme as the donatlons and gifts gift/donation to which it relates. Donated services These a onfy included in income (with an equNalent amount in expendlturel and f?cilitie5 where the benefft to the Charity 15 reasonably quantifiable, measurable and material. Volunteer help The value of any volunteer help recelved Is not Induded In the accounts. Investment income This is included in the accounts when receNable. Gain5111055es1 on This indudes any gain or loss resuIng from revalulng investments to market value revaluatlon of fixed at the end of the year. assets Gains/llossesl on investment as5et5 This include5 any gain or1055 1)n the sale of investments. PaRe 11
East End Development Trust Limlted Notes to the Accounts Expenditure Recognitlon of expenditure Expenditure Is recognised on an accruals basi5. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates. Expenditure on These comprise the costs associated with attractin8 voluntary income. fundraislng raising funds trading costs and investment management Costs. Expenditure on These comprise the costs Incurred by the Charity in the delivery of its activitie5 and charitable activities services in the furtherance of its objects. including the maklng of grants and governance costs. All grant expenditure is accounted for on an actual paid ba51s plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid. These include those costs associated wlth meetin8 the constltutional and statutory requlrements of the Chartty, Includlng any audlvindependent examinatlon fees. costs linked to the strate8lc mana8ement of the Charity, together wlth a share of other administration costs. Other expendlture These are support costs not alltxated to a partlcular activity. Grants payable Governance costs Taxatlon The charity is exempt from corporation tax on its tharftable actr¥ities. Tanglble Ilxed assets and depreclatlon Depreclation15 provlded at the following annual rates in order to wrlte off each asset over Its estlmated useful life: Flxtures & Flttlngs 25% Redudng balance Freehold Investment property Investment propertie5 ore measured initially at cost and subsequently at fa5r value at each balance sheet date and are not depreciated. All gains or losses are taken to the Statement of Flnancial Activities as they arise. Slo¢ks Stock is included at the lower of cost or net realisable value. Donated Items of stock are recognised at falr value whlch is the amount the tharlty would have been wlllln8 to pay for the items on the open market. Trade and other debtors Trade and other debtors a recognised at the settlement amount due after any trade dlscount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Cash and cash equivalents Cash and cash equivalents comprise cash at bank and on hand. demand deposlts wlth bank5 and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowlngs or current liabilities. In the Statement of Cash Flows. cash and cash equivalents are shown net of bank overdrofts that are repayable on demand and form an integral part of the company's cash management. PaRe 12
East End Development T Umlted Notes to the Accounts Trade and other crlI0r$ Short term creditors are measured at the transaction pri. Other creditors and pri)visions are recoBnised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provision5 are normally reco8nised at their settlernent amount after allowing for any trade discounts due. Research and development Expenditure on research and developrnent is written off in the year in which it is incurred. Foreign currencles Monetary assets and liabilltles denominated in currencies other than the funrtional currency of the charity are translated at the rates of exchange prevailing at the end of the reporting period. Transactions in currencies other than the funrtional currency of the charity are recorded at the rate of exchange on the date that the transactlon occurred. All exchange difference5 are are taken into account in arrfvlng at net Incornelexpendlture. Leased assets Where the charity enters Into a lease which entalls taking substantially all the risks and rewards of ownership of an a55et. the lease is treated as a flnance lease. Leases whlch do not transfer substantially all the risks and rewards of ownership to charity are classlfled as operatlng leases. Assets held under finance leases are initially reco8nised as assets of the tharlty at their falr value at the Inception of the lease or, rf lower. at the present value of the mlnimum lease payments. The correspondlng liability to the lessor 15 included in the balance Sheet date as a finance lease obllgatlon, Lease payment5 are apportloned between flnance expenses and redurtlon of the lease obllgatlon so as to achleve a constant rate of Interest on the remalnln8 balance of the liability. Flnance expenses are recogn15ed immediately. unless they are dSrertly attributable to quality'ng assets, in whlch case they a capitallsed In accordance wlth the charity's policy on borrowing cost5. Assets held under flnance leases are depreciated in the same way as owned assets. Operating lease payments are recogni5ed as an expense on a straight-line basis over the lease term. In the event that lease incentives are received to enter Into operatin8 leases, such incentlves are recognised as a Ilability. The aggregate benefft of Incentlves Is reco8nlsed as a redurtion of rental expense on a strai8ht-line basis. Pen$lon costs The charity operates a defined contribution plan for its employees. A defined contribution plan is pension plan under whith the company pay5 fixed contributions into a separate entlty. Once the contributions have been paid the company has no further payments obligatlons. The contrlbutlons are recognlsed as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The asset5 of the plan are held separately from the company in independently admlnlstered funds. Recelpt of donated goods, facllttles and servlces All donated Eoods, facilities and servitss received are recognised within incomin8 resourtes and expenditure ot an estimate of the value to the charity. Pa%e 13
East End Development Trust Ltmlted Notes to the Accounts 2 Company status The company is a prlvate company limited by guarantee and consequently does not have share capltsl. 3 Ststement of Flnandal Actl¥ldts- prlor ¥T Unresirfrted Restrfrted funds funds Total lunds 2020 2020 2020 Income and endowmentsfrom: Donations and le8acies Charltable activities Other tradlng activities Other 5,792 612 5,792 612 38.948 38,948 Tol¥l 45,720 45,720 Expendlture on: Other 38,471 2.325 40,796 Total 38,471 2.325 40,796 Net Incorne 7.249 12.3251 4,924 Net Income before other 8alnslllosses) Other galns and loss•s: Net movement In fund$ 7,249 12,3251 4,924 7,249 12,3251 4,924 Rttonclllatlon of funds: Total funds brought forward Total fvnd$ carrfed forward 10,650 14,877 25,527 17,899 12.552 30,451 4 Income from donatlon$ and le8a¢les Total Total 2021 2020 1.2flJ 1.260 3,732 2,060 5,792 Plymouth Clty Councll 1,260 1.260 5 Income from charltsble artlvltles Total 2021 Totsl 2020 Cour5e5 450 Donations 162 612 PaRe 14
Easl End Development Trust Llmited Notes to the Acnts 6 Income from other tradlng artivftles Total Totsl 2021 2020 Photocopying Sale5 368 368 7 Other Income Unmstrfcted Total Totsl 2020 2021 Rental Income 23,461 2,165 23,461 2,165 28,030 3.157 3,300 Venue Hire Elder Tree Cowd-19 Grants and Coronavlrus Job Retentlon Scheme 36.420 36,420 4,461 62,646 62.646 38,948 8 Other exp•ndlture Totsl Total 2021 2020 Sub-contractors Bank loan and overdraft Interest payable Other interest payable Employee c05ts Premises costs Amortisatlon, depreclatlon. Impairment, profitlloss on dlsposal of fixed assets General administratlve costs Legal and professional costs io 12) 271 271 450 22,326 5,918 232 22.558 5.918 22,919 7,663 302 302 402 4,525 6.300 39,640 4,525 6,300 39,872 7,718 1,640 40,796 232 9 Net In¢ome before transfers 2021 2020 This is stated after charglnE'. Depreciation of owned fixed assets 10 Staff costs Salaries and wages 302 402 22,511 22,511 22,781 22,781 No employee received emoluments in excess of £60,0W. Pa%e 15
East End Development Trust limited Notes to thè A¢¢ounts 11 Tanglble flxed assets Nxtures & Fittings Total Cost or revaluatlon At l July 2020 At 30 June 2021 Depreclatlon and Impairmenl At l July 2020 Depreciatlon charge for the year At 30 June 2021 47,722 47,722 47,722 47,722 46,516 46,516 302 302 46,818 46,818 Net book values At 30June 2021 At 30June 2020 12 Debtors 904 1.206 1.206 20ZI 2020 Trade debtors Prepayments and accrued Income 120 760 880 154 154 13 Credltors: amounts falllng due within one year 2021 2020 Other loans Trade credltors Other creditors Accruals and deferred Income 1,461 11621 1621 556 855 1,349 1,773 3,072 PaRe 16
East End Developrnent Trust Umited Notes to the Accounts 14 Movement In funds Incomln8 resources (lficludlng other At l Juty 8ain5110sses 2020 Resources expended At 30 June 2021 Rerfcted funds: R•slrfrted Income funds: Vlrglnia House Award5 for All Plymouth Clty Council CAF 4,107 7,275 114 1.056 12.047) iii 2,060 7,386 114 1.260 1,704 4,020 Total 12.552 1.260 12321 13,580 Unr•strlrt fund&. General lunds 17,899 62.646 139,6401 40,905 Rev•luailon R•ser¥es: Total fund$ 30.451 63,906 139,8721 54,485 Purposes and re5trirtions In relatlon to the funds: Re5trlcted funds.. Vlrginia House Awards for All Plymouth Clty Councll CAF 15 Anatysl$ of net assets between funds Unrestrlded funds Total Fixed assets Net current a55ets 904 904 53,581 54,485 53,581 54.485 PaRe 17
East End Development Trust Llmlted Notes to the Accounts 16 Recondllatkffi of net debt At l July 2020 At 30June 2021 Cash flows Cash and cash equivalents 32,163 32.163 21,887 21.887 54,050 54,050 Borrowlngs {1,4611 11,4611 1.461 1.461 Net debt 30.702 23,348 54,050 17 Related party dlsdosures Controlllng porty The company is limlted by guarantee and has no share capltal,. thus no slngle party controls the companv. PaRe 18
East End Development Trust Umlted Detailed Statement of Yinanclal Artlvltles for the year ended 30 June 2021 Unrestricted Reslricted funds funds Trtal fvnds Total funds 2021 2021 2021 2020 Income and endowrnents from: Donatlons and legacies CAF Plymouth City Council 1,260 1,260 3,732 2,060 5,792 1,260 1,260 Charltable activities Courses Donations 450 162 612 Other trading activities Photocopylng Sales 368 368 Other Rental Income Venue Hire Elder Tree Covld-19 Grants and Coronavlrus Job Retentlon Scheme 23.461 2,165 23,461 2,165 28,030 3,157 3,31)) 36,420 36,420 4,461 62.646 62.646 38,948 Total Incom• and endowm•nts 62,646 1.260 63.906 45,720 Expendlture on: Other expenditure Sub-contractors Bank loan and overdraft interest payable Other Interest payable io 121 161 271 269 271 450 454 269 Employee costs Salarfeslwages Staff entertainment Clothlng costs 22,279 25 232 22,511 25 22 22,781 138 22 22.326 232 22.558 22,919 Premises costs Rent 1.675 582 1,675 582 489 4,513 Light. heat and power Premises cleaning Premises repair5 and maintenance Other premlses tosts 354 3.172 3.172 1,134 1,662 7,663 5,918 5,918 PaRe 19
East End Development Trnst Umlted Detalled Ststemenl of Financial Artivitles General administrative costs. including depreciation and amortisation Depreciation of Fixtures & Fittings Bad debts Bank charges Equipment leaslng and hire charges Tea, Coffee and Biscuits General insurances Information and publlcatlons Software, IT support and related costs 302 302 402 24 84 85 85 259 259 1,074 38 38 2.092 131 2,323 333 2,092 304 304 75 Prlntln8. postage and statlonery Subscriptions Sundry expenses Telephone, fax and broadband 792 35 107 792 385 35 loo 107 813 4,827 2,250 939 8,120 813 4.827 Legal and professional costs Accountancy and bookkeepin8 Other le8al and professional costs 1.516 1.516 1,220 4,784 4,784 420 6.31)) 6.300 1,640 Totsl of expendlture of other costs Total expendlture Net 8alns on investments 39,640 232 39.872 40,796 39.fAO 232 39,872 40,796 Not In¢ome 23,006 1.028 24.034 4,924 Net Income before other 8alnslllossesl Other Gains 23.(M)6 1.028 24.034 4,924 Plet moveffleni In fund$ 23.1X)6 1.028 24.034 4.924 Reconclllatlon of funds: Total funds brought forward 17.899 12.552 30,451 25,527 Total fvnds c•rrfed forward 40.905 13,580 54,485 30.451 PaRe 20