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2021-03-31-accounts

Page
Report ofthe Trustees I to 3
Independent
Examiner's		 Report
Statement ofFinancial Activities
Balance Sheet 6 to 7
Notes to the Financial Statements 8 to 12
Detailed Statement ofFinancial Activities 13 to 14

31.3.21 31.3.20
Unrestricted Restricted Totn1 Total
fund fund funds funds
Notes
INCOME AND ENDOWMENTS FROM
Corona vhns income and grants 87,877 87,877
Charitable
activities
Projects
66,892 66)892 241,794
Investment
income
Total 154,770 154,770 241,794
EXPENDITURE ON
Charitable
activities
Projects
192,868 192,868 286,365
NET INCOME/(EXPENDITURE) (38,098) (38,098) (44,571)
Other recognised gains/(losses)
Actuarial
gains/(losses)		 on defined benefit
schemes 63,000 63,000 (151,000)
Net movement
in		 funds 24,902 24&902 (195,571)
RECONCILIATION OF FUNDS
Total funds brought fomvard (660,091) (660,091) (464,520)
TOTAL FUNDS CARRIED FORWARD (635,189) (635,189) (660,091)
Balance Sheet
31 March 2021
31.3.21 31.3,20
Unrestricted Restricted Total Total
fund fund funds funds
Notes f,
FIXEDASSETS
Tangible assets 6 354 354 1,122
CURRENT ASSETS
Debtors 29,958 29,958 87,254
Cash at bank and in hand 132,161 132)161 784
162,119 162,119 88,038
CREDITORS
Amounts
falling due within		 one year (123,662) (123,662) (36,251)
NET CURRENT ASSETS 38,457 38,457 51,787
TOTAL ASSETSLESSCURRENT
LIABILITIES 38)811 38,811 52,909
PENSION LIABILITY I I (674,000) (674,000) (713,000)
NET ASSETS/(LIABILITIES) (635,189) (635,189) (660,091)
FUNDS 10
Unrestricted
funds		 (635,189) (660,091)
TOTALFUNDS (635,189) (660,091)

INVESTMENT INCOME
31.3.21 31.3.20
Deposit account interest I
NET INCOME/(EXPENDITURE)
31.3.21 31.3.20
Auditors'
remuneration		 1,000 1,000
Other assurance
services		 4429 1,627
Depreciation
- owned assets		 768 907
Hire ofplant and machinery 18,038 54,376
Other operating
leases		 7,003

31.3.21 31.3.20
Project 3 3
Support I 1

6. TANGIBLE FIXED ASSETS ASSETS
Fixtures
and Computer
fittings equipment Totals
f,
COST
At I April 2020 and 31 March 2021 51,191 47,552 98,743
DEPRECIATION
At I April 2020 51,191 46,430 97&621
Charge for year 768 768
At 3 1 March 2021 51,191 47,198 98&389
NET BOOK VALUE
At 31 March 2021 354 354
At 31 March 2020 1,122 1,122
7. DEBTORS: AMOUNTS FALLING DUK WITHIN ONE YEAR
31.3.21 31.3.20
Trade debtors 29,958 87,254
8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONK YEAR
31.3.21 31.3.20
f,
Bank loans and overdralts (see note 9) 356
Other loans (see note 9) 50,000
Trade creditors 5,872 6,085
Social security and other taxes 681 3,029
VAT 14,959 13,514
Other creditors 1,100 1,267
Accruals
and deferred		 inconie 49,050 10,000
Accmed expenses 2&000 2,000
123,662 36,251
9. LOANS
An analysis ofthe niaturity ofloans is given below:
31.3.21 31.3.20
Amounts
falling due within		 one year on demand:
Bank overdratts 356
Other loans 50&000
50,000 356

MOVE MEN T
IN FUN		 DS
Net
movement At
At 1.4.20 in funds 31.3.21
Unrestricted funds
General fund (660,091) 24,902 (635,189)
TOTAL FUNDS (660,091) 24,902 (635,189)
Net movement in funds, included in the above are as follows:
Incoming Resources Gains and Movement
resources expended losses in funds
Unrestricted funds
General fund 154,770 (192,868) 63,000 24,902
TOTAL FUNDS 154,770 (192,868) 63,000 24,902
Comparatives for movement in t'unds
Net
movement At
At 1.4.19 in funds 31.3.20
Unrestricted funds
General fund (464,520) (195,571) (660,091)
TOTAL FUNDS (464,520) (195,571) (660,091)
Comparative net movement in funds, included in the above are as follows:
Incoming Resources Gains and Movement
resources expended losses in funds
Unrestricted funds
General fund 241,794 (286,365) (151,000) (195,571)
TOTAL FUNDS 241,794 (286,365) (151,000) (195,571)

Net
movement At
At 1.4.19 in funds 31.3.21
f.
Unrestricted funds
General fund (464,520) (170,669) (635,189)
TOTAL FUNDS (464,520) (170,669) (635,189)
Incoming Resources Gains and Movement
resources expended losses lil funds
8
Unrestricted funds
General
fund		 396,564 (479,233) (88,000) (170,669)
TOTAL FUNDS 396,564 (479,233) (88,000) (170,669)
EMPLOYEE BENEFIT OBLIGATIONS
31.3.21 31.3.20
Market value ofthe assets 2,637,000 2,833,000
Present vale ofthe liabilities (3,3 1 1,000) (2,106,000)
Deficit in the pension scheme (674,000) (713,000)

Detailed Stat m nt ofFinancial A tivities
for the Year Ended 31 March 2021
31.3.2 l 31.3.20
INCOME AND ENDOWMENTS
Corona virus income and grants
Grants 21,000
JRS Grants 66)877
87)877
Investmcnt
income
Deposit account interest
Charitable
activities
Education
and training		 47,950 42,354
Research 15,842 58,827
Consultancy 3,100 140,613
66&892 241,794
Total incoming resources 154,770 241,794
EXPENDITURE
Charitable
activities
Wages 93)351 92,968
Social secunty 6,198 7,056
Pensions 19,500 21,430
Development
and research fees		 16,238 52,466
Travelling 7,003
Past service cost (gain) 4l,000
135,287 221,923
Support costs
Management
Wages 6,957 16,914
Social security 24 762
Pensions 1,986 2,689
Hire ofplant and machinery 1,800 1,910
Rates and water 10)412 9,581
Insurance 2,501 2,400
Light and heat 728 996
Telephone 633 818
Postage and stationety 1,128 1,854
Advertising 209
Sundries 271
Hire ofrooms 1,325
Repairs and renewals 342 1,097
Subscriptions 35 35
Carried forward 26,817 40,590

for the Year Ended 31 M arch 2 21
31.3.2 I 31.3.20
Management
Brought forward 26,817 40,590
Income protection fee 1,688 2,001
Computer
maintenance		 5,416 5,225
Fixtures and fittings 138
Computer
equipment		 769 769
Expected return on pension scheme assets (50)000) (58,000)
Interest on pension scheme liabilities 67,000 70,000
51,690 60,723
Finance
Bank charges 662 1,092
Governance
costs
Auditors'
remuneration		 1,000 1,000
Auditors'
remuneration		 for non audit work 4,229 1,627
5)229 2,627
Total resources expended 192,868 286,365
Net expenditure (38,098) (44,571)