2021-08-31-accounts - Colchester Korban Project

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		Unrestricted	Designated	Restricted	2021	2020
	Note	Fund	Fund	Fund	Total	Total
		F			F
Incoming resources from
generated funds
Investment income						40
Donations and legacies	2	19,717			19,717	12,226
Incoming resources from charitable activities	3	71,777		53,922	125,699	75,809
Total incoming resources		91,494		53,922	145,416	88,075
Resources expended
Charitable activities	4	81,800		7,437	89,237	71,726
Total resources expended		81,800		7,437	89,237	71,726
Net incoming resources before transfers		9,694		46,485	56,179	16,349
Gross transfers between funds		(840)	3,500	(2,660)
Net income for the year		8,854	3,500	43,825	56,179	16,349
Total funds brought forward at 1 September 2020		4,877	13,000	7,380	25,257	8,908
	8	13,731	16,500	51,205	81,436	25,257

				2021	2020
			Notes	6	F
Fixed assets
Tangible assets				254,395	254,520
Current assets
Cash at bank and in	hand			79,904	25,519
				79,904	25,519
Creditors: amounts	falling			2,863	4,782
due within one year
Net total assets/(current		liabilities)		331,436	275,257
Long term liabilities
Long term loan				250,000	250,000
Total assets less total liabilities				81,436	25,257
Funds ofthe charity
Unrestricted funds				13,731	4,877
Restricted funds				51,205	7,380
Designated funds				16,500	13,000
Total Funds				81,436	25,257

3.	Incoming resources from	Incoming resources from	Unrestricted	Restricted	Total	Total
	charitable	activities	Fund	Fund	2021	2020
			6	6		6
	Colchester Borough Council		59,743		59,743	50,440
	Resident's rent		7,861		7,861	9,187
	Personal Charges		4,157		4,157	2.272
	Grants Other		16 ~7,777	53,922 ~5.25	53,922 16 ~25.	13,700 210 TgÃF'
4.	Charitable activities		Unrestricted	Restricted	Total	Total
			Fund	Fund	2021	2020
			8	6	6
	Staff Costs		44,974	4,674	49,648	40,706
	Staff expenses					124
	Training		178		178	403
	Adminstrator		658		658	1,865
	Consultancy					500
	Insurance		1,089		1,089	847
	Repairs &upkeep		8,109	1,097	9,206	4,321
	Rent &Rates		4,006		4,006	3,960
	Utilities		7,344		7,344	6,426
	Communal household		4,137		4,137	3,562
	Misc		226		226	437
	Office costs		1,273	829	2,102	1,776
	Loan interest		8,750		8,750	5,833
	Depreciation		194	837	1,031	317
			80,938	7,437	88,375	71,078
	Governance	costs
	Accountancy	&legal	862		862	647
			81,800	7,437	89,237	71,726

5.	Creditors: amounts	falling due within one year	Total	Total
			2021f	2020 8
	Accruals		1,863	282
	Defiered Income		1,000	4,500
			2,863	4,782
6.	Creditors: amounts	falling due after more than one year	Total	Total
			2021	2020
			6
	Loan due after more	than one year	250,000	250,000
			250,000	250,000

7.	Tangible assets	Tangible assets		Fixtures &	Computer
				fittings	equipment	Property	Total
				8	6	6	5
	Cost 01/09/2020			5,193	280	250,000	255,473
	Additions			906			906
	Cost 31/08/2021			6,099	280	250,000	256,379
	Depreciation	at 01/09/2020		766	187		953
	Depreciation	for year		961	70		1,031
	Depreciation	at 31/08/2021		1,727	257		1,984
	Net Book Value 31/08/2021 Net Book Value 31/08/2020				~~0000		~00000
8.	Funds		Balance B/F	Income	Expenditure	Transfers	Balance C/F
			6		6	F
	Unrestricted		4,877	91,494	(81,800)	(840)	13,731
	Designated		13,000			3,500	16,500
	Restricted		7,380	53,922	(7,437)	(2,660)	51,205
	Total Funds		25,257	145,416	(89,237)		81,436

The desi	gnated fu	nds represent a contin	gency fund should the Charit	y cease activit	ies.
			Unrestricted	Designated f	Restricted 8	Total 8
Fixed Assets			250,525		3,870	254,395
Cash at	bank and	in hand	15,069	16,500	48,335	79,904
Current	liabilties		(1,863)		(1,000)	(2,863)
Long term libailities			(250,000)		0	(250,000)
Total			13,731	16,500	51,205	81,436