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|FOR|THE YEAR ENDED 31STDECEMBER 2020||
|---|---|---|
|||Page|
||Reference and Administrative
Details||
||Trustees
Annual
Report|2-3|
||independent
Examination
report||
||Statement
of Financial
Activities||
||Balance Sheet||
||Notes forming
part ofthe financial statements|7-11|
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|Registered||charity number|charity number|1125332||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|Registered||company|number|06645102||||||||
|Registered||Address||5A Buttercross|Lane|||||||
|||||Epping||||||||
|||||Essex||||||||
|||||CM16 5AA||||||||
|Trustees||||Mr. R Dennis (Resigned|||6th July 2020)|||||
|||||Ms J Andrews|(Appointed||11th||November|2020)||
|||||Mr. Daniel Sheehan||(Resigned|||12th November 2020)|||
|||||Mrs. S.Gillard||||||||
|||||Ms E Carroll||||||||
|Company|Secretary|||Stephen. R.W. Hope (Resigned|||||25th November||2020)|
|||||Mr R Dennis (Appointed|||25th|November||2020)||
|Bankers||||HSBC||||Virgin Money||||
|||||72 High Street||||Jubilee House||||
|||||Maldon||||Gosforth||||
|||||Essex||||Newcastle||upon Tyne||
|||||CM9 5ET||||NE3 4PL||||
|Independent||Examiner||Community360||||||||
|||||Winsley's
House||||||||
|||||High Street||||||||
|||||Colchester||||||||
|||||Essex||||||||
|||||CO1 1UG||||||||
|Solicitors||||Foskett Marr Gadsby||& Head||||||
|||||181 High Street||||||||
|||||Epping||||||||
|||||CM16 4BQ||||||||
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|||||2020|2019|
|---|---|---|---|---|---|
||||Note|Total|Total|
|||||6|6|
|Income and endowments|from:|||||
|Donations
& Legacies||||1,035|629|
|Charitable
activities||||60,101|79,527|
|investment
income||||280|347|
|Total incoming
resources||||61,416|80,503|
|Resources expended||||||
|Charitable
activities||||27,733|39,604|
|Raising
Funds - Publicity
Other||||1,310
10,201|2,709
10,738|
|Total resources expended||||39,244|53,051|
|Operating
surplus||||22,172|27,452|
|Gains and losses on investment||assets||||
|Net Income||||22,172|27,452|
|Net movement
in funds||||22,172|27,452|
|Funds at 1 January 2020||||563,415|535,963|
|Funds at 31 December 2020||||585,587|563,415|
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|||||2020|2019|
|---|---|---|---|---|---|
||||Notes|6||
|Fixed Assets||||||
|Tangible assets||||800,000|800,000|
|Current assets||||||
|Stocks
Debtors
Cash at bank and in|hand|||1,255
1,187
68,655|1,287
1,473
62,200|
|||||71,097|64,960|
|Creditors: amounts|falling|||||
|due within one year||||19,771|20,175|
|Net current assets/(liabilities)||||51,326|44,786|
|Total assets less current||liabilities||851,326|844,786|
|Creditors: amounts|falling|||||
|due after more|than one year|||(265,740)|(281,371)|
|Net Assets||||585,587|563,415|
|Funds||||||
|Unrestricted
Funds||||284,587|262,415|
|Revaluation
Reserve||||301,000|301,000|
|Total Funds||||585,587|563,415|
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|2.|Investment|income|Total|Total|
|---|---|---|---|---|
||||2020|2019|
||||8|f|
||Interest receivable||280|347|
||||280|347|
|3.|Charitable|Activities|Total|Total|
||||2020|2019|
||||F|K|
||Catering costs||46|343|
||Room hire||1,941|10,456|
||Purchases|- Bookshop|177|956|
||Finance||||
||Bank Charges||333|214|
||Information|Technology|||
||Computer
Software and internet costs||1,227|42|
||Other||||
||Insurance||1,507|1,527|
||Accountancy
Fee||295|295|
||Rates, light|and heat|6,444|6,280|
||Telephone||535|413|
||Miscellaneous||||
||Repairs and Maintenance||1,217|4,229|
||Gardening|expenses|250|100|
||Gompa expenses||2,867|2,708|
||Sponsorship|expenses|10,260|11,519|
||Houshold
expenses||478|347|
||Office Expenses||157|175|
||||27,733|39,604|
|4.|Other Recources Expended||Total|Total|
||||2020|2019|
||||F|k|
||Bank Loan|Interest|10,201|10,738|
||||10,201|10,738|
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|5.|Tangible fixed assets|Land &|
|---|---|---|
|||Buildings|
||Cost||
||As at 1 January 2020|800,000|
||Additions||
||As at 31 December 2020|800,000|
||Depreciation||
||As at 1 January 2020||
||Charge for the year||
||As at 31 December 2020||
||Net Book Value||
||As at 31 December 2019|800,000|
||As at 31 December 2020|800,000|
||Revaluations
of Property||
||Cost|499,000|
||Revaluation
in 2009|251,000|
||Revaluation
in 2012|50,000|
|||800,000|
|6.|Debtors||Total|Total|
|---|---|---|---|---|
||||2020|2019|
||||6|L|
||Trade Debtors|||190|
||Prepayments|and accrued income|1,187|1,283|
||||1,187|1,473|
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||||||||||
|---|---|---|---|---|---|---|---|---|
|Cash at B|ank and ln H|and|||||Total|Total|
||||||||2020|2019|
||||||||6|6|
|Halifax Deposit Account|||||||||
|Virgin Charity Deposit Account|||||||60,567|54,286|
|HSBC Current Account|||||||7,628|7,190|
|Petty Cash|||||||461|724|
||||||||68,656|62,200|
|Creditors:|falling due|within||a year|||2020|2019|
|||||||||6|
|Bank Loans|||||||17,200|17,200|
|Other Creditors|||||||1,430|1,756|
|Accruals|||||||618|685|
|Deferred
Income|||||||523|533|
||||||||19,771|20,175|
|Creditors:|falling due|after|more than||one year||||
|Bank loans|||||||265,740|281,371|
|Other Creditors|||||||||
||||||||265,740|281,371|
|Summary|of Funds||||||||
|||Brought|||Incoming|Outgoing|Gains I|Carried|
|||Forward
6|||resources
6|resources
6|( Losses)
6|Forward
f|
|Unrestricted|||262,415||61,416|39,244||284,587|
|Revaluation|Reserve||301,000|||||301,000|
||||563,415||61,416|39,244||585,587|
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||||Unrestricted|Unrestricted|
|---|---|---|---|---|
|12.Extended Statement of Financial|Activity||Total|Total|
||||2020|2019|
||||E|E|
|Incoming
Resources|||||
|Donations
&Legacies|||||
|Donations|||858|528|
|Gift Aid|||177|101|
|Investment
Income|||||
|Bank Interest Received|||280|347|
|Incoming Resources from Charitable||Activities|||
|Sales Bookshop|||248|1,336|
|Day Courses and Retreats|||4,541|8,660|
|Study programme|||23,805|37,583|
|Accommodation
and utilities|||31,506|31,948|
|Total Incoming Resources|||61,416|80,503|
|Resources Expended|||||
|Raising Funds|||||
|Publicity|||||
|Advertising
and poster displays|||1,310|1,773|
|Poster, flyer and brochure costs||||936|
|Other Resources Expended|||||
|Bank loan interest|||10,201|10,738|
|Charitable
Activities|||||
|Catering costs|||46|343|
|Room hire|||1,941|10,456|
|Purchases
bookshop|||177|956|
|Finance|||||
|Bank charges|||333|214|
|Information
Technology|||||
|Computer
software and internet costs|||1,227|42|
|Other|||||
|Insurance|||1,507|1,527|
|Accountancy
fee|||295|295|
|Rates, light and heat|||6,444|6,280|
|Telephone|||535|413|
|Miscellaneous|||||
|Repairs and maintenance|||1,217|4,229|
|Gardening
expenses|||250|100|
|Gompa expenses|||2,867|2,708|
|Sponsorship
expenses|||10,260|11,519|
|Household
expenses|||478|347|
|Office expenses|||157|175|
|Total Resources Expended|||39,244|53,051|
|Net Income|||22,172|27,453|