||||Page|| |---|---|---|---|---| |Report ofthe Trustees||1|to|3| |Independent
Examineds|Report|||| |Statement ofFinancial|Activities|||| |Balance Sheet||||| |Notes to the Financial Statements||7|to|11| |Detailed Statement of Financial Activities||||| ## ## ## ## ## |How expenditure
has supporte|How expenditure
has supporte|d
the key o|bjectives ofthe charity|| |---|---|---|---|---| |During 2020 Second Chance||Association|has donated as follows|| |Education
for Life||||8,780| |Education
for Life Mission|trip|||1,050| |Evergreen
Sleaford
Sleaford Youth Club||||1,000
1,000| |Junction (meals for vulnerable
Lines Inspire||local people)||3,580
250| |TOTAL||||F15,660| ## ## ## ## ## ## ## ||for th|e Year Ended 31December|2020|| |---|---|---|---|---| ||||2020|2019| ||||Unrestricted|Total| |||Notes|funds
5|fundsf| |INCOME AND ENDOWMENTS|FROM|||| |Donations
and legacies|||1,297|1,927| |Charitable
activities||||| |Shop|||28,628|34,368| |Other trading
activities|||721|720| |Total|||30,646|37,015| |EXPENDITURE ON||||| |Charitable
activities||||| |Shop|||39,644|32,346| |NET INCOMEEEXPENDITURE)|||(8,998)|4,669| |RECONCILIATION
OF FUNDS||||| |Total funds brought forward|||44,187|39,518| |TOTAL FUNDS CARRIED FORWARD|||35,189|44,187| ## ||Seco|nd Chance Association||| |---|---|---|---|---| |||Balance Sheet||| |||31December 2020||| ||||2020|2019| ||||Unrestricted|Total| |||Notes|funds
f|funds
6| |FIXEDASSETS||||| |Tangible|assets||119|158| |CURRENT ASSETS||||| |Debtors|||541|516| |Cash at|bank||35,850|44,561| ||||36,391|45,077| |CREDITORS||||| |Amounts|falling due within one year|10|(1,321)|(1,048)| |NET CURRENT ASSETS|||35,070|44,029| |TOTAL|ASSETS LESSCURRENT LIABILITIES||35,189|44,187| |NET ASSETS|||35,189|44,187| |FUNDS||||| |Unrestricted
funds|||35,189|44,187| |TOTAL|FUNDS||35,189|44,187| ## ## ## ## ## ## ## ## ## ## ## ## |INCOME FROM CHARITAB|LE ACTIVITIES|||||| |---|---|---|---|---|---|---| ||Activity||||2020f|2019
f| |Sales|Shop||||16,397|34,368| |Grants|Shop||||12,231|| ||||||28,628|34,368| |CHARITABLE ACTIVITIES|COSTS|||||| |||Direct|Grant|||| |||Costs (see|funding|of|Support|| |||note 5)
f|activities
f||costs|Totals
f| |Shop||22,960|15,660||1,024|39,644| |DIRECT COSTS OF CHARITABLE ACTIVITIES||||||| ||||||2020|2019
f| |Staff costs|||||2,681|2,532| |Rates and water|||||2,443|3,009| |Insurance|||||1,319|1,740| |Light and heat|||||5,479|4,735| |Postage and stationery|||||4|22| |Sundries|||||248|83| |Repairs and renewals|||||791|658| |Travelling||||||116| |Rent|||||9,200|9,200| |Cleaning|||||756|45| |Depreciation|||||39|53| ||||||22,960|22,193| ## ## ## |COMPARA|TIV|ES FOR THE ST|ATEMENT OF FINANCIAL ACTIVITI|ES| |---|---|---|---|---| |||||Unrestricted| |||||funds| |INCOME AND||ENDOWMENTS|FROM|| |Donations|and|legacies||1,927| |Charitable|activities|||| |Shop||||34,368| |Other trading||activities||720| |Total||||37,015| |EXPENDITURE ON||||| |Charitable|activities|||| |Shop||||32,346| |NET INCOME||||4,669| ## ## ## |7.|COMPARAT|IVES F|OR|TH|E STATEMENT OF FINANCIAL ACTI|VITIES -contin|ued|| |---|---|---|---|---|---|---|---|---| |||||||||Unrestricted| |||||||||funds| |||||||||F| ||RECONCILIATION||OF|FUNDS||||| ||Total funds|brought forward||||||39,518| ||TOTAL FUNDS CARRIED||||FORWARD|||44,187| |8.|TANGIBLE FIXEDASSETS|||||||| |||||||||Office| |||||||||Equipment-| |||||||||cafe| |||||||||E| ||COST|||||||| ||At 1 January|2020 and 31|||December 2020|||1,951| ||DEPRECIATION|||||||| ||At 1 January|2020||||||1,793| ||Charge for year|||||||39| ||At 31 December 2020|||||||1,832| ||NET BOOK|VALUE||||||| ||At 31 December 2020|||||||119| ||At 31 December 2019|||||||158| |9.|DEBTORS:|AMOUNTS||FALLING DUE WITHIN ONE YEAR||||| ||||||||2020|2019| ||||||||f.|f| ||Prepayments||||||541|516| |10.|CREDITORS: AMOUNTS||||FALLING DUE WITHIN ONE YEAR|||| ||||||||2020|2019| ||||||||5|| ||Trade creditors||||||403|178| ||Other creditors||||||918|870| ||||||||1,321|1,048| |11.|MOVEMENT|IN FUNDS||||||| ||||||||Net|| ||||||||movement|At| |||||||At 1.1.20|in funds|31.12.20| ||||||||5|E| ||Unrestricted|funds||||||| ||General
fund|||||44,187|(8,998)|35,189| ||TOTAL FUNDS|||||44,187|(8,998)|35,189| ## ## |Net mov|ement|in funds,
incl|ude|d
in t|he above|are as follows:||| |---|---|---|---|---|---|---|---|---| |||||||Incoming|Resources|Movement| |||||||resources|expended
5|in funds
f| |Unrestricted||funds||||||| |General|fund|||||30,646|(39,644)|(8,998)| |TOTAL|FUNDS|||||30,646|(39,644)|(8,998)| |Comparatives||for movement||in funds||||| ||||||||Net|| ||||||||movement|At| |||||||At 1.1.19|in funds
f|31.12.19
f| |Unrestricted||funds||||||| |General|lund|||||39,518|4,669|44,187| |TOTAL|FUNDS|||||39,518|4,669|44,187| |Comparative||net movement|m|funds,|included|in the above are as follows:||| |||||||Incoming|Resources|Movement| |||||||resources|expended
f|in funds
f| |Unrestricted||funds||||||| |General|fund|||||37,015|(32,346)|4,669| |TOTAL|FUNDS|||||37,015|(32,346)|4,669| |A current yea|r 12months
and prior year 12|months
combined
position
is as follow|s|| |---|---|---|---|---| ||||Net|| ||||movement|At| |||At 1.1.19|in funds|31.12.20| |||f|5|5| |Unrestricted|funds|||| |General fund||39,518|(4,329)|35,189| |TOTAL FUNDS||39,518|(4,329)|35,189| |A current yea
as follows:|r 12 months
and prior year 12|months
combined
net movement
in|funds,
included
i|n the above
a| |---|---|---|---|---| |||Incoming|Resources|Movement| |||resources
F|expended
f|in funds
F| |Unrestricted|funds|||| |General fund||67,661|(71,990)|(4,329)| |TOTAL FUNDS||67,661|(71,990)|(4,329)| ## ## ## |||for the Year Ended 3|1 December 2020|| |---|---|---|---|---| ||||2020|2019| ||||6|5| |INCOME AND|ENDOWMENTS|||| |Donations
and||legacies||| |Donations|||1,297|1,927| |Other trading|activities|||| |Room hire|||721|720| |Charitable
activities||||| |Sales|||16,397|34,368| |Grants|||12,231|| ||||28,628|34,368| |Total incoming||resources|30,646|37,015| |EXPENDITURE||||| |Charitable
activities||||| |Casual labour|||2,681|2,532| |Rates and water|||2,443|3,009| |Insurance|||1,319|1,740| |Light and heat|||5,479|4,735| |Postage and stationery|||4|22| |Sundries|||248|83| |Repairs and renewals
Travelling|||791|658
116| |Rent|||9,200|9,200| |Cleaning|||756|45| |Fixtures and fittings|||39|53| |Grants to institutions|||15,660|9,195| ||||38,620|31,388| |Supportcosts||||| |Finance||||| |Bank charges|||100|88| |Governance||costs||| |Accountancy||and legal fees|924|870| |Totalresources||expended|39,644|32,346| |Net (expenditure)/income|||(8,998)|4,669|