| Contents | |||||
|---|---|---|---|---|---|
| Legal and Administrative Information |
|||||
| Director's Report | |||||
| Aims and Objectives | |||||
| Activities during the period |
|||||
| Financial Review |
|||||
| Reserves policy | |||||
| Plans for Future Periods | |||||
| Structure, Governance, and Management |
|||||
| Restricted Funds |
|||||
| Directors and Trustees | |||||
| Responsibilities ofthe Directors |
|||||
| Independent Examiner |
|||||
| Independent Examiner's Report to the |
Trustees | ||||
| Respective responsibilities | oftrustees | and examiner | |||
| Basis of independent examiner's |
report | ||||
| Independent examiner's statement |
|||||
| Statement of Financial Activities | |||||
| Balance Sheet | |||||
| Notes | 13 | ||||
| 1. Accounting Policies |
13 | ||||
| 2. Critical Accounting Estimates |
8 | Judgements | 14 | ||
| 3. Income Resources |
14 | ||||
| 4. Total Resources expended |
15 | ||||
| S. Employee and Trustee |
expenses | 15 | |||
| 6. Taxation |
16 | ||||
| 7. Debtors |
16 | ||||
| 8. Analysis of net assets between |
Funds | 17 | |||
| 9. Movement in Funds |
18 |
| Notes | Unrestricted | Unrestricted | Restricted | Total | Total | ||
|---|---|---|---|---|---|---|---|
| Funds | 2020 | Funds 2021 | Funds | Funds | |||
| 2021 | 2020 | ||||||
| 6 | E | 6 | E | ||||
| Incoming Resources | |||||||
| Incoming resources | from: | ||||||
| Charitable activities |
221,439 | 221,438 | 553,078 | ||||
| Donations | 10,687 | 1,612 | 12,299 | 5,170 | |||
| 232,126 | 1,612 | 233,738 | 558,248 | ||||
| Resources Expended | |||||||
| Charitable activities |
209,025 | 209,025 | 116,773 | ||||
| Costs ofgenerating | voluntary | 170,440 | 170,440 | 180,028 | |||
| income | |||||||
| Total resources expended | 379,465 | 379,465 | 296,801 | ||||
| Net Movement in |
Funds | (147,339) | 1,612 | (145,727) | 261,447 | ||
| Total funds brought | forward | 469,567 | 5,170 | 474,737 | 213,290 | ||
| Total funds carried forward | 322,228 | 6,782 | 329,010 | 474,737 |
| Notes | 2021 | 2020 | ||
|---|---|---|---|---|
| f | E | |||
| Fixed Assets | 17,078 | 25,135 | ||
| Current Assets | ||||
| Stock | 205,069 | 295,864 | ||
| Debtors | 67,950 | 70,562 | ||
| Cash at bank | 78,112 | 99,926 | ||
| 351,132 | 466,352 | |||
| Creditors: Amounts | falling due within one year | |||
| Trade Creditors | (23,960) | (15,000) | ||
| Accrued expenses | (15,239) | (1,750) | ||
| (39,199) | (16,750) | |||
| Net Assets | 329,010 | 474,737 | ||
| Unrestricted funds |
||||
| General funds | 10 | 322,228 | 469,567 | |
| Restricted funds | 10 | 6,782 | 5,170 | |
| Total funds | 329010 | 474 737 |
| Unrestricted | Restricted | Total | ||
|---|---|---|---|---|
| Funds | Funds | Funds | ||
| 2021 | 2021 | 2021 | ||
| Charitable | activities | 221,4396 | 221,439 | |
| Donations | 10,6879 | 1,612 | 12,299 | |
| 232,126 | 1,612 | 233,738 | ||
| Unrestricted | Restricted | Total | ||
| Funds | Funds | Funds | ||
| 2020 | 2020 | 2020 | ||
| Charitable | activities | 553,078 | 553,078 | |
| Donations | 4,078 | 1,092 | 5,170 | |
| 557,156 | 1,092 | 558,248 |
| Unrestricted | Restricted | Total Funds | ||
|---|---|---|---|---|
| Funds 2021 | Funds 2021 | 2021 | ||
| Costs offundraising | 166,404 | 166,404 | ||
| Support costs | ||||
| Governance | 4,036 | 4,036 | ||
| Charitable | activities | 209,025 | 209,025 | |
| (donations | made) | |||
| 379,465 | 379,465 | |||
| Unrestricted | Restricted | Total Funds | ||
| Funds 2020 | Funds 2020 | 2020 | ||
| Cost offundraising | 171,822 | 171,822 | ||
| Support costs | ||||
| Governance | 8,206 | 8,206 | ||
| Charitable | activities | 116,773 | 116,773 | |
| (donations | made) | |||
| 296,801 | 296,801 |
| 7. Fixed assets |
|
|---|---|
| 2021 | |
| Cost at 31May 2021 | 33,214 |
| Depreciation at 1June 2020 |
13,428 |
| Charge for the year | 8,057 |
| Depreciation at 31May 2021 |
|
| 21,485 | |
| Net book value at 31May 2021 | 17,077 |
| Net book value at 31May 2020 | 25,134 |
| 2021 | 2020 | ||
|---|---|---|---|
| FatFace Ltd | 1,612 | 4,224 | |
| Uncleared | Bank Receipts | ||
| VAT | 66,338 | 66,338 | |
| 67,950 | 70,562 |
| Analysis ofnet assets betw | een Funds |
||
|---|---|---|---|
| General | Restricted | Total | |
| Funds | Funds | Funds | |
| 2021 | 2021 | 2021 | |
| f | f | f | |
| Fixed Assets | 17,078 | 17,078 | |
| Stock | 205,069 | 205,069 | |
| Debtors | 66,338 | 1,612 | 67,950 |
| Cash | 72,942 | 5,170 | 78,112 |
| Accrued expenses | (15,239) | (15,239) | |
| Trade Creditors | (23,960) | (23,960) | |
| 322,228 | 6,782 | 329,010 | |
| General | Restricted | Total | |
| Funds | Funds | Funds | |
| 2020 | 2020 | 2020 | |
| f | f | ||
| Fixed Assets | 25,135 | 25,135 | |
| Stock | 295,864 | 295,864 | |
| Debtors | 66,338 | 4,224 | 70,562 |
| Cash | 98,980 | 946 | 99,926 |
| Accrued expenses | (1,7501 | (1,750) | |
| Trade Creditors | (15,000) | (15,000) | |
| 469,567 | 5,170 | 474,737 |
| FatFace Foundation | FatFace Foundation | ||||||
|---|---|---|---|---|---|---|---|
| Unaudited | Report and Financial Statements | ||||||
| 31May 2021 | |||||||
| 10.Movement | in Funds | ||||||
| At 1Jun | Incoming | Outgoing | At 31May | ||||
| 2020 | resources | resources | 2021 | ||||
| 6 | 6 | f | |||||
| Restricted | Funds | ||||||
| Sales of Carrier bags | —Wales | 4,123 | 597 | 4,720 | |||
| Sales of Carrier bags | - Scotland | 1,047 | 1,015 | 2,062 | |||
| 5,170 | 1,612 | 6,782 | |||||
| Unrestricted | Funds | 469,567 | 232,126 | (379,465) | 322,227 | ||
| Total Funds | 474,737 | 233,738 | (379,465) | 329,010 | |||
| At1 iun | Incoming | Outgoing | At 31May | ||||
| 2019 | resources | resources | 2020 | ||||
| Restricted Funds | |||||||
| Sales ofCarrier bags | —Wales | 3,760 | 363 | 4,123 | |||
| Sales ofCarrier bags | —Scotland | 318 | 729 | 1,047 | |||
| 4,078 | 1,092 | 5,170 | |||||
| Unrestricted | Funds | 209,212 | 557,156 | (296,801) | 469,567 | ||
| Total Funds | 213,290 | 558,248 | (296,801) | 474,737 |