2021-07-31-accounts - The Guildford Institute

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				Page
Report ofthe Trustees				3
	Reference and Administrative		Details
Structure, Governance		and Management
	Aims and Strategic		Planning
	Achievement	and Performance
	Future Developments			16
		Financial	Review	17
		Reserves Policy		17
	Statement ofTrustees'	Responsibilities		18
Statement as to Disclosure		of Information to		18
			Auditors
Report of	the Independent Auditors			19
Statement	of Financial Activities			23
Balance Sheet				24
Notes to the Financial Statements				26
Detailed Statement of Financial		Activities		32

			Unrestricted	Designated	Restricted	31.07.21	31.07.20
		z 0	funds f	funds f	funds f	Total funds f	Total funds f
Income from:
Donations	and legacies	2	19,355		37	19,392	53,670
Charitable	activities:	3	60,436			60,436	100,471
Other trading activities		4	109,571			109,571	173,464
Investments		5	1,361			1,361	1,696
Other		6	42,303			42,303	38,994
Total			233,0N			233,0H	ggS~g
Expenditure	on:
Charitable	activities:		230,345			230,345	289,826
.Total			230,345.			@0946	ggi~b.
Net income Transfers between funds ~xiii.~		16	2,681		37	2,718	78,469
Reconciliation offunds
Total funds	brought		493,284	75,000	469,975	1,038,259	959,790
forward
'V41tp~
	=r'

B	alance S	heet a		tas	st July 202	1
					Unrestricted		Oesrgnated	Restricted		31.07.21			31.0720
				z O	funds f		funds f	funds f		Totalfunds f			Total funds f
Fixed assets:
Tangible assets 70taff@ed"rirgsets			'	12	252,983 252,%83:: '			451,061 :,; ";4514661			704,044 .004,04'4'		698,809 698:,809'
Current assets:
Stocks					1,259						1,259		1,456
Debtors				13	20,915			37			20,952		15,449
Cash at bank and in hand					313,497		75,000	18,914			407,411		406,235
	Tetrr1.currerlt	r'rssets			395~571		'75',OQQ	18,951			429rSM,		~ 4R'3r140
Liabilities:
Creditors: due within	Amounts falling one year			14	(78,701)						(78,701)		(67,887)
	IVet-Cqnfeat	QaFets			r258&$10		75„000	18j951-:			950+24	i i	' ',850&8rr'9
Fetej@~,e~~ejt				.	5(QI~$$		.'VS,0QO:			;X~sQL5::,			,y'1~~0+
Creditors:	Amounts falling
due after more than one				15	(13,988)						(13,988)		(15,803)
year
n	'TOt(at~i',	rgdsats		.	455trfQ)r=					l1,'0'rLQj9Q		'	,'I,Q8,8,'-:259'i
The funds	ofthe charity:			16
Unrestricted funds:
	General	fund			495,965						495,965
	Designated	funds					75,000
											75,000		75,00C
:.Tiitir'f:ti~it'I'WP(i&ik;					—"955,'$05	—	~T5'lOOO			$7Q+6%,			5)Miry'it. .
Restricted	funds:			16
	Building	funds						470,012			470,012
		~sr=			~95~955 .	:''A'~'"		i '' -lit~@	—	~!X
				The	notes form part	ofthese financial statements

	31.07.21	31.07.20
	E	E
Wages and salaries	123,813	129,819
Pension contributions to direct contribution scheme	3,879	4,418
Social Security costs	5,037	6,337
	132,729	140,574

				Net	Transfers	Transfers
		At	movement		between				At
		01.08.20	in	funds	funds			31.07.21
		E		E	E				E
Unrestricted funds
General fund Designated funds Restricted funds		493,284 75,000		2,681					495,965 75,000
Building fund TGTAL'FUNDS		469,975 1,'038,259 .		37 2,718	i '	-	— ~-	470,012 1,040,977
Net movement	in funds, included	in the above, is as follows:
			Income E		Expenditure E			Movement in funds
									E
Unrestricted funds
General fund Designated funds			233,026		(230,345)				2,681
Restricted funds			233,026		(230,345)				2,681
Building fund				37					37
			';233vQ63,		i...'(230~345)			.	~r2718,

			Unrestricted	Designated	Restricted			31.07.20
			funds	funds	funds			Total funds
			f	f	f			f
Income from:
Donations and legacies			52,314		1,356			53,670
Charitable activities:			100,471					100,471
Other trading activities			173,464					173,464
Investments			1,696					1,696
Other Tota'I			38,994 366,939		':. ,:,1,35,6 i			38,994 368,295
Expenditure on:
Charitable activities: Totaf, " . ' 'i			289,476 . 289,4?6		350 350' r.'I		'	289,826 z.289i826
Net income/(expenditure)			77,463		1,006			78,469
Transfers between funds 'iN'etimovement in fui'nds			(74,969) z;r94 '	74,969 ';;—:74ass,'~'~cod-',			::—.;—,:-zs46s
Reconciliation offunds:
Total funds brought forward			490,790	31	468,969			959,790
,ITotai~funds carried forward	' '	.	' "493;284="	~ 75,000	.„,'44'69,975	-	~1~038,259,

Detailed statement	Detailed statement	of	Financial Activities	for the Year Ended 31	stJuly 2
INCOMING RESOURCES				31.07.21 E	31.07.20 f
Voluntary income
Donations				1,173	2,314
Building fund donations				37	1,356
Legacy				18,182	50,000
				19,:398	.69,"679
Investment income
Deposit account interest				1,361	1,696
				1,96i	-'%,696
Income from charitable		activities
Institute activities				1,109	11,238
Courses				59,327	89,233
Library
				'69,+'6
Income from other trading activities
Bar				74	10,548
Room and equipment	hire			5,096	41,372
Annual Membership				15,235	16,288
Lifetime Membership				916	916
Rental income				87,872	103,973
Other income				378	367
Other income
Grants receivable- government			grants	42,303	38,994 ~j4J
Expenditure
Wages and salaries				123,813	129,819
Pension contributions				3,879	4,418
Social security				5,037	6,337
Temporary staff					30
Water				118	756
Insurance				2,128	2,126
Light and heat				1,025	9,280
Telephone				2,597	4,715
Postage and stationery				1,756	2,955
Advertising				6,105	12,350
ITand website costs				9,066	8,172
BAlANCE CARRIED FORWARD
				155,524	180,958