2021-08-31-accounts - Read For Good

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Reference and Administrative Details	Reference and Administrative Details
Trustees' Report		2to8
Statement ofTrustees'	Responsibilities
independent Auditors'	Report	10to 12
Statement of Financial	Activities	13
Balance Sheet		14
Statement ofCash Flows		15
Notes to the Financial	Statements	16to 26

				Read for	Good
				Trustees'	Report
The DMF Ellis Charitable			Trust	John Lewis &Partners, Cheltenham		Sovereign Health Care Community Programme
Donald	Forrester	Trust		The Jones 1986Charitable Trust		Unum Community Fund
D'Oyly	Carte Charitable		Trust	J Venn Foundation		Unwin Charitable Trust
Edward	Gostling	Foundation		Katie Bradford Arts Trust		Victoria Wood Foundation
						W M Mann Foundation

		Recog	nised Gain	s and Losses)
				Unrestricted	Restricted	Total
				funds	funds	2021
			Note
Income and Endowments		from:
Donations and legacies				388,822	360,838	749,660
Investment income				4,505		4,505
Total income				393,327	360,838	754,165
Expenditure on:
Raising funds				(37,454)		(37,454)
Charitable activities				241,076	360,838	601,914
Total expenditure				278,530	360,838	639,368
Net income				114,797		114,797
Other recognised	gains and losses
Other gains/losses				68		68
Net movement in funds				114,865		114,865
Reconciliation of	funds
Total funds brought	forward			659,692		659,692
Total funds carried	forward		18	774,557		774,557
				Unrestricted	Restricted	Total
				funds	funds	2020
			Note
Income and Endowments		from:
Donations and legacies				467,542	199.817	667,359
Investment income				1,444		1,444
Total income				468,986	199,817	668,803
Expenditure on:
Raising funds				(41,483)		(41,483)
Charitable activities				570,220	199,817	770,037
Total expenditure				611,703	199,817	811,520
Net expenditure				(142,717)		(142,717)
Other recognised	gains and losses
Other gains/losses				49,066		49,066
Net movement in funds				(191,783)		(191,783)
Reconciliation of	funds
Total funds brought	forward			851,475		851,475
Total funds carried	forward		18	659,692		659,692

		g Balance Sheet as at	31August 20	21
				2021	2020
			Note
Fixed assets
Tangible assets			12	66,894	80,168
Investments			13	391	323
				67,285	80,491
Current assets
Debtors			14	42,143	47,342
Cash at bank	and in hand		15	821,214	683,764
				863,357	731,106
Creditors: Amounts		falling due within one year	16	156,085	151,905
Net current assets				707,272	579,201
Net assets				774,557	659,692
Funds ofthe charity:
Unrestricted	income	funds
Unrestricted	funds			774,557	659,692
Total funds			18	774,557	659,692

Statement	o	fCash Flo	ws for the	Year Ended	31August 202	1
					2021	2020
				Note
Cash flows from operating	activities
Net cash income/(expenditure)					114,865	(191,783)
Adjustments to cash flows	from non~ah		Items
Depreciation					13,274	15,563
Amortisation						98,070
Investment income					(4,505)	(1,444)
Revaluation of investments					68	49,066
					123,566	(30,528)
Working capital adjustments
Decrease/(increase) in debtors				14	5,199	(346)
Increase in creditors				16	4,180	50,029
Net cash flows from operating		activities			132,945	19,155
Cash flows from investing	activities
Interest receivable and similar		income			4,505	1,444
Sale of investments						303,641
Net cash flows from investing		activities			4,505	305,085
Net increase in cash and cash		equivalents			137,450	324,240
Cash and cash equivalents at		1 September			683,764	359,524
Cash and cash equivalents at		31 August			821,214	683,764

							Unrestricted
							funds	Total	Total
							General f	2021	2020f
Other investment		income					4,505	4,505	1,444
5 Expenditure		on	raising funds
								Total	Total
							Direct costs f	2021f	2020f
Costs ofgenerating			donations	and	legacies		37,454	37,454	41,483
6 Expenditure		on	charitable	activities
						Unrestricted	funds Restricted	Total	Total
			Note		Designated f		General f fundsf	2021f	2020f
Staff costs							172,240 95,105	267,345	252,014
Depreciation	and
amortisation						13,274		13,274	113,633
Other costs							55,562 265,733	321,295	404,390
						13,274	227,802 360,838	601,914	770,037
							Activity
							undertaken
							directly f	2021f	2020f
Staff costs							267,345	267,345	252,014
Depreciation	and	amortisation					13,274	13,274	113,633
Hospital Reading		Programme		excluding		staff costs	and
overheads							115,732	115,732	173,718
Schools Reading		Programme		excluding		staff costs	and
overheads							138,552	138,552	150,680
Consultancy							377	377	4,128
Travel costs									76
Storage							1,944	1,944	1,944
Bank charges							137	137	138
Office costs							34,095	34,095	40,791
Direct costs							25,006	25,006	26,424
Auditors remuneration							5,000	5,000	5,780
Other governance		costs					452	452	711
							601,914	601,914	770,037

				2021	2020
				E	E
Depreciation		offixed assets		13,274	113,633
8	Trustees	remuneration	and expenses

9 Staff cost	9 Staff cost	s
The aggregate		payroll	costs		were as follows:
											2021		2020
Staff costs	during the			year	were:
Wages and	salaries										266,734		261,457
Social security		costs									25,844		20,992
Pension costs												6,295	5,933
											298,873		288,382
The monthly	average		number		ofpersons		(including	senior management		team)	employed	by the charity during		the
year was as	follows:
											2021		2020
											No		No
														10
No employee		received		emoluments		of more than f60,000 during			the year.
10 Auditors'		remuneration
											2021f		2020
Other fees to		auditors
Audit-related	assurance			services								5,000	5,780
11 Taxation

12 Tangible fixed assets
	Land and	Furniture	and	Computer
	buildings f	equipment f		equipment f	Totalf
Cost
At 1 September 2020	156,799		4,059	8,183	169,041
At 31 August 2021	156,799		4,059	8,183	169,041
Depreciation
At 1 September 2020	76,631		4,059	8,183	88,873
Charge for the year	13,274				13,274
At 31 August 2021	89,905		4,059	8,183	102,147
Net book value
At 31 August 2021	66,894				66.894
At 31 August 2020	80,168				80.168

Other investm	ents
			Listed
			investments	Total
			F	F
Cost or Valuation
At 1 September	2020		323	323
Revaluation			68	68
At 31 August 2021			391	391
Net book value
At 31 August 2021			391	391
At 31 August 2020			323	323
14 Debtors
			2021	2020
Prepayments			29,386	29,907
Other debtors			12,757	17,435
			42,143	47,342
15 Cash and cash equivalents
			2021	2020
Cash at bank			821,214	683,764
16 Creditors:	amounts	falling due within one year
			2021	2020f
Trade creditors			40,152	30,898
Other taxation	and social	security	6,669	4,991
Other creditors			1,742	2,382
Accruals			107,522	113,634
			156,085	151,905

Total future minimum lease payments under non-cancell	able operating leases are as follows:
	2021	2020
Other
Within one year	15,794	15,794
Between one and five years	57,468	58,736
After five years	21,408	36,869
	94,670	111,399

18 Summary	ofFunds
	Balance at 1				Other	Balance at
	September	Incoming	Resources		recognised	31August
	2020 f	resources f	expended	Transfers f	gains/(losses) f	2021 f
Unrestricted	funds
General	535,524	393,327	(265,256)	(56,000)	68	607,663
Designated	124,168		~13,274	56,000		166,894
Total
unrestricted
funds	659,692	393,327	(278,530)		68	774,557
Restricted
funds		360,838	~360,838
Total funds	659,692	754,165	~639,368		68	774,557
	Balance at 1				Other	Balance at
	September 2019 f	Incoming resources f	Resources expended f	Transfers f	recognised gains/(losses) f	31 August 2020 f
Unrestricted	funds
General	507,674	468,986	(478,070)	86,000	(49,066)	535,524
Designated	343,801		~133,633	~86.000		124,168
Total
unrestricted
funds	851,475	468,986	(611,703)		(49,066)	659,692
Restricted funds		199,817	~199,817
Total funds	851,475	668,803	~811,520		~49,066	659,692

19 Statement	o	fFunds
		Balance at 1				Other	Balance at
		September	Incoming	Resources		recognised	31 August
		2020f	resources f	expended f	Transfers f	gains/(losses) f	2021 f
Unrestricted	funds
General
General
funds		535,524	393,327	(265,256)	(56,000)	68	607,663
Designated
Fixed assets		80,168		(13,274)			66,894
Projects		44,000			56,000		100,000
		124,168		~13.274	56,000		166,894
Total
unrestricted
funds		659,692	393,327	(278,530)		68	774,557
Restricted
funds
Hospital
programme- specified			360,838	~360.838
Total funds		659,692	754,165	~639,368		68	774,557
		Balance at 1				Other	Balance at
		September	Incoming	Resources		recognised	31 August
		2019 f	resources f	expended f	Transfers f	gains/(losses) f	2020 f
Unrestricted	funds
General
General
funds		507,674	468,986	(478,070)	86,000	(49,066)	535,524
Designated
Trademark		98,070		(98,070)
Fixed assets Projects		95,731 150,000		(15,563) ~20.000	~86,000		80,168 44,000
		343,801		~133,633	~86,000		124,168
Total
unrestricted funds		851,475	468.986	~611,703		~49.066	659,692

Notes	to the Financ	ial Statem	ents for the Y	ear Ende	d 31August	2021
	Balance at 1				Other	Balance at
	September 2019 f	Incoming resources	Resources expended	Transfers	recognised gains/(losses)	31August 2020
Restricted
Hosptial
programme-
non-specified		88,700	(88.700)
Hospital
programme- specified		111.117	~111.117
Total
restricted funds		199.817	~199817,
Total funds	851,475	668,803	~811,520		~49,066	659,692

		Unrestricted	Total funds at
		funds	31August
		General	2021f
Tangible	fixed assets	66,894	66,894
Fixed asset investments		391	391
Current	assets	863,357	863,357
Current	liabilities	156,085	156,085
Total net assets		774,557	774,557
		Unrestricted	Total funds at
		funds	31August
		General	2020
Tangible	fixed assets	80,168	80,168
Fixed asset investments		323	323
Current	assets	731,106	731,106
Current	liabilities	151,905)	151,905)
Total net assets		659,692	659,692