||||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|
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||||||||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)|
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|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|
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||31.3.21|31.3.20|
|---|---|---|
|Project|3|3|
|Support|I|1|
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|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|
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|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)||
##
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##
|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)|