Charity number.. 1131604
Company number.. 03415138
IEn9land and Wales)
ENFIELD ISLAND VILLAGE TRUST
Report of the Trustees Unaudited Finanaal Statements
For the year ended 31 March 2021

ENFIELD ISLAND VILLAGE TRUST
Contents Page
For the year ended 31 March 2021
Report ofthe Trustees
1to4
Independent Exarninerfs Report to the Trustees
Slatsment of Flnandal AcJvlbg8
St*8ment of Finanual Position
Notes to FinancAal Statemgnts
Bto15
DetaI￿d Statsmentof Finanaal Activities
16to17

ENFIELD ISLAND VILLAGE TRUST
Rewrt of the Trustees
For the year ended 31 March 2021
The Trustees. who a￿ aL80 di￿¢10r$ for the purposes of company law. have pleasure in p￿sentIng thgir report and the lfjnanclal
ststements for the charitab18 company for th8 yeaf ended 31 March 2021. The Tru$tge$ have adopt8d lh8 provisions of
counting and Reporting by Charities. Statetnent of Recomrnonded Practi￿ applicab￿ to charities preparing their accounts in
accordance with the Financial Reportiru Standafd appli¢abk In tfp UK and the Republi¢ of Ireland IFRS 102116ffeetive 1 January
20191.
OBJECTIVES AND ACTIWTIES
R¢cruitment and appoifth8llt of Trustees are elected by the members of thg Trust in accordanc8 with the Tnjsfs articl6s of association.
In saleding new Trnstses, wo seek to identify people who regularly att8nd 8vents and functions oryanised by the tharity and
willing lo volunteer to help with our broader cornrnunity work. Potenb81 Trustees are Invrted to attend Trustees, meets.ngs as
obsèrvers gnd are given more detaiL8 of the charity's aims and activities. This process allows due consideration ol the pernon's
ellgibillty. personal competence. spe¢iali$l know18dge and 5kiUs. Disclosure and Barring Seryice ID8SI checks arg made where
approprlate.
Ouralms
Th¢ objecti￿5 of thg ¢h?rity ar8 581 out in the c*arfty's M8morandum and Artl¢b$ of A8$ociati¢￿ and are 5ummaris8d as
follows..
To iryirDv• th$ qu81ty of life fOr￿sh￿enIs. vi8itors and homeowners on Enfield Island
Village I't￿ Estate'l, in the London Borough of Enftek1.
To keep and maintain the E$tats'$ Infrastructure. This indudes river banks, canal basin. walkways. the rlver wall. the landscaped
ecological area$ and public open space, the 85tat8 5eww5, headwall and drains. the play are88. the priv8te l¥Jhtiry on the
eslate and any other area$ owned by th8 tharity.
To pronTh)tè faell￿•8 and public ￿￿enItiO5 that benefft dlfferent groups of peoplg in the ccfflmunlty- For èxam￿¢, we ownan
runthe community eentre wher& various gioups host dasses and activitie8 to bring people togethgr. Focu5 on public5afety
and protedion of people and property fffxn crime.
To promole con8eN8tic*¢ protection and improvement ofthe physical and natural envlronment.
To aijvance any othercharrtable purposes as lh8 Tru51ees dat8rmin& frcffi tsme t¢ time.
Our obJgCtSv
Our objectives are set to improve the Estate's qualty ol Ilfe and ￿flect ¢wr community airns. Each year our Trustees our
ofyectives and athvlties to ensure they continue to refflect our aims. In carrying oul th15 rpview the Trustees have consklered the
Charity Cornmi55ion's goneral guidan￿ on publ1¢ benefit.
lof17

ENFIELD ISLAND VILLAGE TRUST
Report of the Trustees Continued
For the year ended 31 March 2021
ACHIEVEMENTS AND PERFORMANCE
The charity carri88 Out a number of aclivities in pursuance of th8ritable aims. Th? Trustees consider that theee actlvltles k¥ovfjde
ben8ftt to hgmeowner8, residents an¢1 vlsitors on th• Estste and the local cornmunty.
Infrnstructure
The Trust owns and maintains local land, canal and parkland. footr)ath$ and cyde way5 so Ih8y ean be used for 18i5ure andr¢creation
by everyone on thè 151and. The Trust remains mindftjl of the need to mak* provision for aJ8quats funding to meetshorL medium
and l￿-t¢￿ maSnten8nco r•qvlr8m•nts ofthè Island and its irfftastructura.
Public safety and proiectton from ¢rlm•
We wfkn Closety orgaTri5ations such as the polic8, coundl. water and paths authorfties to fight for the interBSts of the Estste
and wa 8pon$or ￿lme ￿￿￿¢tIOn inth'4thv8s.
communlty actlvlti
In the poriod th? communlty centre has bèèn hlrad eut on a num￿¢ olotsasion8 to bonefft the local cc4nmunlty.
Prinapal funding Sources
The Estate's rentcharg8 is th8 tharity's main source of income and is payabkn by sorne 1,314
sSdential and commereial units. The Trusfs totsl income from rent¢harge forthe year is
£337.928.12020'. £338.6501.
Invostmont pollcy and objectlv
Our cash reserves a￿ in monoy market and deposit account8. Other reserves are Invastsd In propgrty.
Reserves are fijnds for 8pending not requSred every year. The level of the charity's reserve8 is kept under revwi byTrustees.
At a rnlnimum. the polScy is to hold sufficient fiJTrJ¥ to m¢et thg kjng-temi costs In olation to k88ping and rnaintainlng th8
E8tates Infrastructur•. Th• tharity'5 general r8serv88 Stand at £793,14512020'. £826.8541.
Becau88 of wrront low bank Interest and ￿latiVely Infiation, our resewvg$ are rgducin9 in real value. Trustees have therefore
deaded to use th¢lr ptyvgrs under the Truste¢ Act 2000to diver5fy Inve5tm8nt to indud8 low ri8k rentsl property. In October
2011, th8 charity cornpleted Ihe purchase of 18asehold tsts on the Estate vthich now gènerate incom8 through rent r8¢9ipts.
C￿llenge$
2020-2021 ha8 been 8 Slmllar theme to prèvious year for the Trust. COWD 19 strll had aft Smpaet with our contractors and
$uppli8rs th? knock-on affect wlth the adverso rolation$hip breakdown with W8rwid( is Still evldent. Unfounded court cases
ta￿n9 its loll on the Board 85 well 88 the resKlenYs money also the resignation of the Trusfs finanu81 SME¥ has had amalor
invad. Oesprte the58 difficulties the board had managed to fa)I￿¢t a high proportion of the rent charg8.
PlarvJ for the futur•
Wewill mièw ourbudg8t and aim to provide value for morw S•rvI￿$. Trust rroney should b8 U88d for the bgndt of the local
CC4nrnunty.
Wg will gndga¥ourto reducethe number ofi18btor5 and toensure thatall ￿KI￿nts pay thelr Rent Char9e.
We ore heading the rfght direction in rern8di8ting Ihe outstanding fauW8 on the Island and brlng 6t up lo the standard where we
are On￿ again proud to living on the Island.
2of17

ENFIELD ISLAND VILLAGE TRUST
Report of the Trustees Continued
For the year ended 31 Mar¢h 2021
STRUCTURE, GOVERNANCE AND IIANAGEMENT
Statem•ntof Trust8es' responslbllStle8
Charity Trustees are th8 P80ple who $8rve on the governing body of a charlty. They may be known as Trustees. difector8. board
members. governors orcommittse members. The prinaples and main £lut￿$ are th8 same in all Cases. TrLL8t88s have, and rnust
ateept. ultimate r88ponsibility lor dlr8cting the affairs of a charity, and ensurin9 that rt Is solvgnt, well-tun, and m?eting tho n88ds
forwhlch it has sat up.
The Companies Act 20C6 requlres th8 directors tg pr8par6 finanryal statgrnents for each financk81 year whkh glve a true and frair
view of the stat8 of aftair5 of the company antl ol the profft or loss of the company for that perfcAJ. Th8 dir8Ctors are rgspgnslbb for
keeping proper
accounting recordswhith di$d08e wth reasOn8t￿e aceuracy at any tim8 the finanoal position of the company.
The tharity TNstees are responsibb for pryring an annual report and financial 8tst8mènts In ac¢ordanc8 With appllcabÈlaw
and United Kingdt)m Accounling Standards Iunitecl Kingdom Generally Acc6pted Accounting Practice).
The law appli¢able to charit￿5 in England and Vvabs requires the charity Trustse$ ¢0 prepare financial statements each year which
giv8 a twe and fair view ol the state of affairs Qf thè charfty and the iFthming r&sour￿$ and applicat￿n ol r880urc8s of th•
charity for that penod.
In p¥eparing the finanaal statements. th8 Trustee8 ar8 required to..
Sdect suhtable aeeountlng polhiej apply thgm consist•ntly",
Observe Ihe ￿thOdS and prinap18$ in the Chariti85 SORP..
Makejudgoments and e5timatesthalare reasonable and prud8nt".
Stat¢ whether8pplicable accounting $tandAr(5s have been followed, subject to any rnaterial departur85 disdosed arnd explalned
in *he financial 8tatem8nts',
Prepare the financlal stalements on tr* ongoing concern Iia8i$ unless It Is Inappropriate to 085urno that the charity will contin
in tyusin8SS.
Th8 Trustses are responsible for keeping proper accounting records that disdose with reasonable accuracy at any tr"m8 the finanual
posits.an of the charity and to enable them to ensure that the financial stst8ment5 comply wth the char￿e8 Act2011. the Charity
IAccounts and Reports) RegUlat￿On$ 2W8 and the provisions ol th8 goveming documÈnt. They are also responsible for safgguarding
th8 atsets of the ¢harfty and hence laking r0astsna￿e steps ft)r the preventitsn and detecti¢Jn of fraud and othoi Irregularit￿5.
GoYornin9 Oocumont
The Company regisler8d wf(h the Charitie5 Comm1$8ion on 14 September 2009. The governing document of Ihe charity the
Memorandum and Artides of Assoraation apyroved by the metnbeis at the Annual General m8eting on 14 Juty 2016.
Organtsatlonal Structur•
The Trustees a￿ responsi￿8 for the general contrd and management of the charity. The Trustees 9lVa UP tirne freely and receive
no rernuneration or other financial benefits. Th& Trustees meot monihly and at other tiwn8$ when c0n5¥Je￿d necessary and ar8
responsible for all busine6s and finanoal declsion in r81ation to running th8 tharity.
Th8 tmste8s have con5id8red the Chanty Commi88ion'5 guidan￿ on public benefit, Induding the guidan￿ 'public benefitr. wnning
a charty IPB21'.
3of17

ENFIELD ISLAND VILLAGE TRUST
Rewrt of th8 Trustees Conkn'nued
For the year ended 31 March 2021
REFERENCE AND ADMINtSTPATIVE INFOIIMATION
Name of Charity
Charlty rn9istrn￿0n numbor
Company rBglstrallon Nmbor
PrIn¢l￿ addres$
ENFIELD ISLAND VILLAGE TRUST
1131604
03415138
40-42 Island Centreway
Enfieh
EnglarKI
EN3 6GS
Trust88¥
Th8tru$lee5 and offi¢er$ serving during the yèar and 8incelhey6af were as follows..
Andrew Colledge
IResLgn8d.. 20 May 20201
Jegalh Paramanathan
(Resigned.. 14 July 20201
Mark Novak
IRe8igne(1.' 20 February 20211
Laraina Mary Hodgson
Ka￿n Lesley Rowntree
Sarn Coleman
Ben Pgrrott
Jacqui Amanda Bairt*rkJgg
T(m Dingl¢
(Appointed.. 25January20211
Vincent Gr88n
(Appointed.. 20Aprll 2020)
Indgpg￿nl oxamln
Emmanuel Men5ah FMAAT
Ground FloorW%*5t Office 10
Nlcho185 House. Rwer Front
Enfield
EN13TF
Approved by the Board of Trust885 and 61Jn•d on Its bghaff by
Laraine Mary Hodg$on- Chair
4of17

ENFIELD ISLAND VILLAGE TRUST
Independent Examiners Report to the Trustees
For the year ended 31 March 2021
I reportto the trustees on my exarninallon of the ac￿￿nts of the charitable company lor the year eTh*d 31 March 2021.
Re5ponslblliti85 and ￿$18 of report
A5 the tharity Twste8s, who are also directo￿ forthe purposes of eDmp8ny law, arè responslble for th¢ preparatson of the aceounts
in accordance with the r8quirernenls of the Cornpanie6 Act 20061't￿ 2006 A¢t'i.
Having satisfied Myse￿ that the aetour*ts of the Company are nol required to be audited under Part 16 of Ihg 2006 Act and are
eligible for Independent examination. I report in respect of my examination of your tharity's a¢wunts carrled out under section
145ofthe Charities Act 2011 I'lhe 2011 A¢VI In carrying out my examination I have followed th8 Directions gNen bythe Charty
Comrrrission und8r section 14515llbl of the 2011 Act.
Indep•ndent •xamlnern ststement
Since the CharIta￿e cornpany's gros5 income £250.000. your examiner must b8 a member of a bDdy listed In section
145 of lh8 2011 Act. I conthmi that l am qualfie(I to undèrtake th¢ oxamlnatiDn by virtue of my mombetshSp of
which Is one of
th6 Ilsted bodies.
I have rnmpleted my examination. I confirm that no matters have come to my attention in connection with thgexaminaty.on
gfving m8 cause to b81ieve that in any material respe￿..
1. 8ecL)untir¢g recCKds￿r8 not k•pt in ￿SPect of the Company as fequired by saction 386 of the 2006 Act," or
2. the accounts do ngt accord with thos• ￿cOrdS.. or
3. the accounts do not compty with the ￿quIraments of sectK)n 396 olth8 2006Act othor than any requ1￿men1th￿tt￿¥
ac¢ounts giwe 8'tru8 and fair view, which 1$ not a matter considered as part of an independent examination., or
4. the Sccounts hav8 not been prepared In accordance with methods anLI princip￿5 of the Statement of Recommended
Pr8dice for a￿A)untINg and reporting by ¢harthgs applicable to charities preparing their acuunts In arxordance with the
Flnancial Reporting Stsndard applica￿& in the UK and Republic of Ireland IFRS 1021.
I hav$ no conc8rns an4 have eomg across no othar matters In connection with the examinatlon towhlch attenlion should bg
drawn in this report in ord8rto enab￿ 8 proper und8rstandin9 of the acwunts to be reached.
Emmanuel Mensah FMMT
Ground Floor We$t l)ffits 10
Nlcholas House, River FTOllt
Enfleh
EN1 3TF
Date.. 18th February 2022
5of17

ENFIELD ISLAND VILLAGE TRUST
Statement of Financial Activities {including Income and Expenditure Account)
For the year ended 31 March 2021
unreSt￿¢t•d
2020
Inctyno and ewKlowments from:
DonatSon58nd lega(i8S
CharitatAe act￿T￿e8
Investments
Other Incom8
Totsl
10,000
378,629
20.683
381.389
11.S59
409.292
372.949
Expendilur8 on:
Charitabl8activMes
otherexpenditure
1371.2181
199.2831
1470,5011
1266,3481
171,3721
(337.718)
Revaluation- 1Th¥￿tr￿an1 Propar16ès
27.5CM)
Net movement In funds
133.7091
35.231
RgconcllWt)n of funds
Total funds broughtfward
Total l￿d5 ¢arrfod forward
826,854
793,145
791,623
826,854
8of17

Registered Number..
03415138
ENFIELD ISLAND VILLAGE TRUST
Stalement of Financial Positson
As al 31 March 2021
2021
2020
Flxed a5S0ts
Investments Proper￿5
1N14
507,500
480.000
507.500
480,000
Current a5SOts
Deblors.. amount8 falling due within One year
Deblofs.. arnounts falling ¢Jue after more than one year
Cash attyank and in hand
15
15
80.704
634
367.151
428.489
155,7741
77,194
303,645
380.839
11,5901
redltors.. amounts tslllng due vAthln one ye
16
Ngt cwrgn¢ a$60ts
372.716
880.215
379.249
859.249
Total assèts Itss curnènt Ilabllmos
CrgdS10rn: amounts lallln9 after rnorelhan on•y•ar
Provisions for liabilllitss
17
18
151,950}
135,1201
11.9501
130,4451
B26,854
Ne¢ a$88ts
793.145
Th•fun(ts ol the charlty
Unre5tricied income fund6
19
793.145
826,854
826,854
Total funds
793,145
For the year ended 31 March 2021 the company was gnld8d to 8X8rnPtion from audit under seciton 477 of the Companles
Act 20C6 relating to small o)mpanies.
The rngrnbgts have not required thg wrnpany to obtain an a￿rt ol its accounis for the y•ai in 9￿$tIon in accordance with
88Ction 476,
trustees acknowledg8 their respon$ibilrties for complying with the requlrements of the Act with respect to a¢￿Unting ￿cOrdS
and the preparation of aceounts. These accounts have been prepared in 8¢wrdanc8 wilh th8 piovisions applicable to
cornpanies subject to the small 0ynpan1￿. reglrne.
Thefinancial ststorngnts w8re approved and authorisgj for is$u9 byth8 BO8￿ and si9ned on tts behalf by..
Laraine Mary Hodg50n
Char
7of17

ENFIELD ISLAND VILLAGE TRUST
Note$ lo the Financial Statements
For the year ended 31 March 2021
1. AG￿nt￿n9 Pollcl8$
BaNl$ ofaCcoun￿r￿j
The ffinan￿al statements have b8en prepared underthg hl8torf¢al cost convention, 8XCePt for invesbments whlch are
nduded at market value and the revaluation of c8rtain fixed assets and In ac¢or{lan￿ with the Charities SORP IFRS
1021'Acc￿ftting and Reporting by Charities. Statem8llt of Recommended Practice appli￿ble tocharib'e5 preparing thelr
acwunts in a¢£o￿anCe Wlth the Finanual Reporting Slandard applieab18 in th8 UK and Republic of Ireland IFRS 1021
leffectN¢ 1 January 20191., Finanual Repgrting Standard 102 thg Financi￿ Re￿rtIng Stsndard applicable inthe UK and
Republic of Ireland IFRS 1021. and the CompanYa¥ Act 20C6.
ENFIELD ISLANDVILLAGE TRUSTmeets the definlUon ofa w*)li¢ benefrtentity unL1er FRS 102. AsS8ts and liabilities
are ￿n￿"ally r8cL)gnisad 8t h1¥tori￿1 ¢08t or tran$acllon valuo unlass oth8M8e slated In the relevant attounting poli
notel$l.
Golng eoneern
The Trustogs, who 4r9 al¥0 dire¢tors fortho purpog•s of eompany law, brfng the Trust bad( into $urplLKB after1￿0 difficult financl•l
years to 2020,. however a rIefi¢￿W8s racord8d in 2021 due to 8ome unfows•en arcumstances. Trustees VAII wntinue to manage the
Tru8twth a to ￿neratIng Surplus funds in the futur•.
IncThning resources
All Incoming resourtss ar8 induded in the slatementof financlal acbvitras Mthen theTwst is antit￿d to th8 income and thg
amount can be quantit￿{ with ￿asOnabl8 accuracy. There are no SFecific policw that are awied lo partleular
categories of Income.
Resoure•s ex￿nd¢d
L￿bilitia5 ar¢ rewised as ￿0￿re•S èxp8nd8d when there Is 8 legal orconstructbve obligatKJn committing the Trustto
the expenditure.
Charttabte actfjvltes
These ar8 coro a¢tlvlUe8 carried out by th6 TrustaTrdwhhin its cèje¢l¥e8 and alm8.
Taxatlon
The Trust i¥ oxempt from corporation taxation, howeverdueto the revaluation of the Investment propert￿$. a prowsion
for delerred tax h85 teen 881 aslde In accordanc6 with the provl$ions of FRS 102. This is to 8nsure that the future tsx
consequeness of past transact1t￿$ and avonts ar8 r8cogni58d a8 a$$ets or IlabillWes within thè Trusvs flnan¢ial
ststements.
Tanglbl8 fixed a55ets
Tangibl8frxed assets. otherthan freettold land. are stated atcost orvaluation less depre￿ation arKI any provl$Son for
imp8irment. t*preaation is prOV￿ed at iatss ealculat8d to write off the cost or valuation of fixed assets. le88 their
e5tlmatsd resldual valua, overthelr gxpgctsd u8eful INes c¥) tho fdltrwing ba$tS'.
Deprèciation is charged on a straight linè baBis', howev8r, there were no dapmuation charg88 in 2021.
D•lAors
The Trust isworking with il'sthird13rdl parties to determine and establish the ¢ollefAable debts and also to workout
appropriate mean5 of Collecting $u¢h debts. The YO￿$$ is still ongoing and Ihe Trustees hope to rEsolve the
i¥$ue¥ wlth the current managing agents.
Irre¢ov•rabl• VAT
Irreco￿rab1e VATts Included in the Stste￿nt of Financk81 A￿vItIes, and 15 report•J a5 partof the expenditur8 towhich it
reiat8s.
80117

ENFIELD ISLAND VILLAGE TRUST
Notes to the Financial Statements Continued
For the year ended 31 March 2021
2. In¢+)m• from donatlors and l#gacl•s
2021
2020
Unrestrictsd funds
Grants received (London Borough of Enfiekjl
10,WO
10,000
3. In¢ome from ctsrttabbactfvl¢les
2021
2020
Unr•strict•d fund8
Esl8le M8n&gefftent
Special Levy
Intereston Renlcharge
Lea58 Exten51on F
329,750
328,749
3,011
7,901
339,681
RSA
8,142
337.926
ConFmunityCentr9
Communty Centre Incom8
In¢ome from charrtable
activitie5
21,553
19,150
21,728
40.703
21.728
378,629
361,389
4. In¥eBtmen¢ I￿oMe
2021
2020
Unrgstrlctsd funds
Income from Investsrent
properles
Bank interest ￿CtI¥abl0
20,663
11.550
20,863
11.559
2021
2020
Other In¢ome18alanarrfJ fundsl
9of17

ENFIELD ISLAND VILLAGE TRUST
Notes to the Financial Statements Continued
For the year ended 31 March 2021
8. Costs of charfjtablo a¢tiviti•s 141 lund typ•
2020
UnrgStrf¢tgd funds
Estste Managgment
Communty Centre
Investmont Propèrty E￿n
Support costs
304,SO8
18,171
200,684
3,310
62,352
50,541
371,218
266,346
7. Costs of chorttsble actS¥ltles by •ctlvltyty
2021
2020
A¢tfvMlgs undgrtakon dlrgctty
E8taie Manag8m8n¢
Conwnunlty Centre
Investrn?nl Propgrty Expenses
Suppor*rYJ Loc81 People tg
lryyrov¥ Quality of Lif8
343,872
20,441
224,496
19.196
4,310
18,344
6.905
371.218
268.348
. Analysls of support cos1¥
2021
2020
Telephone
Govemanc8 Costs
50.541
61.869
50,S41
61362
100117

ENFIELD ISLAND VILLAGE TRUST
Notes lo the Financial Statements Conb'nued
For the year ended 31 March 2021
9. Net Incom8118xp•nditurel for the year
This is stated after ¢hargingllcredth'nyl".
2021
2020
Deprgciation ofowmd f￿d 858ats
Accountancy fèes
Independent Exarninerfs foès
Taxa
3.728
11,440
3,150
3,549
3.356
7.265
10. Staff costs
Total staff costs forthè yearended 31 Mareh 2021 were..
2021
2020
Salarie5 and wagès
Sodal securty costs
16,171
7.265
10.361
10.381
2021
2020
min Support Staff
11. Comparalive for the Staternènt of FlnanGlal Activltk8
Th9 comparative year values on ￿ Ststernent ofFinanrial A¢tNlties ar• for unrestrictsd fiJnds.
11 of17

ENFIELD ISLAND VILLAGE TRUST
Notes to the Financial Statements Continued
For the year ended 31 March 2021
11 Tangtblg flxed a89•ts
Plant and
machir•ry
Motor
v•hicl88
Flxtures and
fittirwjs
Cost w¥4luation
Tot
At 01 April 2020
At31 March 2021
4.575
22.333
27.552
4.575
22.333
D•p￿￿￿On
At 01 April 2020
4,575
22,333
27.552
At 31 Marth 2￿21
4,5T5
22.333
27.562
values
At 31 March 2021
At 31 ￿arCh 2020
11 Analysls of movom•nt of comm9r¢l￿ investmerts
In￿Stment
propgrty
Falr value at 01 Aprfl
2020
480,000
Net gainll105sI on
revalu8tlon
27,500
Fair¥alue at 31 Mareh
2021
507.500
1& AnatysS& of ￿n￿lmO1￿ bet*wn ￿￿￿5 as at y•arerb*d 31 March 2021
2020
Unr•stslct•dfunds
Inve6trnent proFerb"es
507,500
480,000
480,000
120117

ENFIELD ISLAND VILLAGE TRUST
Notes to the Financial Statements Continued
For the year ended 31 March 2021
l& Oebloys
2021
202Q
Amounts due wlthSn on? year:
Trad8 dobtors
60,704
77.194
60.704
77,194
Amount8 dua art•r more than oneyew..
Trade d8btors
Advanc8d Funds to Managing Awts
Propayments
Othardebtors- Historic
88.127
SO,ODO
159
1137,6521
634
16. ¢rgdttors.' amounts falllng du•wlthln ona y•ar
2021
2020
Trade ¢￿ditorS
26,536
118.6211
15,061
5,150
Othercreditors
14,923
14,315
Accruals
55,7T4
1,59)
17. Creditors.. amounts falllng aftgr mcf8 than y￿r
2021
202Q
Loans and overdraft5
50.000
1,950
Other creditors
1.950
51,950
1.99)
Th• followin9 Ikqbilities disdosed undertTedftor8 falllng due after more than one year are secured by th8 ¢ttarity.'
Bounctrbad( Gov. Bank Loans
50,000
50.000
13of17

ENFIELD ISLAND VILL4GE TRUST
Notes to the Financial Statements Continued
For the year ended 31 March 2021
18. Provlglons for ILqblliti•s and charys
Provlslon 1
Provislon at 01 April 2020
Charged to Statement of
Flnan¢ialA¢tNittes
PrOVr6￿n at 31 March 2021
30,445
30.445
19. Movement in funds
un￿strIct•d FurKI>
Balance at
0110412020
Incoming
Outgoing
cal￿ and
Balar￿a
3110312021
G8n8ral
General
826.854
409,292
1470.5011
27.500
793.145
826.854
409.292
1470.5011
793,145
Unr8strktgd Fund8- Pr6vlow year
8alawKe ai
0110412019
IrKomltyJ
re8our¢•s
Outgoln9
Galns an
108899
Balonce at
3110312020
Gen8RI
G8n•ral
791,823
372,949
1337,7181
826.854
791.823
372J49
1337.71BI
826.854
Purr*)se of unr85trlcted Funds
Propoty Incom•
The Trust 2 invesbnentpropert*s. Property Incon* are rents pald by tha tènants ofthe Trust. The funds are
general and ar8 applie(I within the objects of the Tnffjt as directed by the Board.
Renlcharge In￿rn6
Rentcharge is payable by somè 1.314 residtrntial and comrner¢k41 unts throw4h the dogd of rentcharge. The funds #re
g*n8ral and aro 4pplbd vlthln the obJ8¢ts of the Trust as directed by the Board.
¢otr4nunlty Centre Income
These are fees charged forthe Cornmunlty C8ntrè hall. I￿Y are g8n?ral and aFplied within the objects of the
Trust.
G8neral
General fuTras a￿ fvnd5 avallablolo Board to b8 usod atthelr dSs¢retlon butwthin the o*8Cts ofthe Trust
14of17

ENFIELD ISLAND VILLAGE TRUST
Notes to the Financial Statements Continued
For the year ended 31 March 2021
PurpoBO of fg$trl¢t8d funds
Grant ReCeNa￿e
Grants are restricted to the use preS￿￿ed by the donors,. their use ¢8n't b8 Changed without a prfor pemi8sion fr(Nn
thedonoi.
20. Analysls of nat asalts he￿￿n f￿d5
Tathglblè InY••tmonl•
Axed ass*1¥
Netcumnt Creditor• >
a650ts1
onoy•ar
Provi¥ionts N•tA89•1•
Unrostroctfjd lunds
GeneTrl
General
507,500
372.715
151,9501
135,1201
793,145
607,500
372.715
161,9501
135,1201
793.145
Provlou$ yoor
Tangl￿ Imf•8lmont•
fix•d as69ts
Cro(Mtor5 >
Provlslon8
NgtAssets
a•sets I
{l￿bIlItt*•)
0￿year
Un￿$trIC￿d fundb
G8ngr81
General
480,000
379,249
11,9501
{30,4451
826.854
480,000
379.249
11.9601
130.4451
826.854
21. Company Ilmltgd ty guarant09
ENFIELD ISLANDVILLAGE TRLIST is 8 conpany lim￿ by guarantse and accordirvJty d08s not have ashar8 capital.
15of17

ENFIELD ISLAND VILLAGE TRUST
Detsiled Statement of Financial Activities
For the year ended 31 March 2021
2021
202Q
INCOME AND ENDOWMENT
Donations and legac
Grants- Lorth ofEnf18kl
10.(X)O
10.000
charItsb￿ actfvitles
Rent Servi￿9 Charggs
Int8re$t on Rentchargg
Lease Extension Fees
RSA
Communlty C•ntrè In¢xJn
Incorng from charitsbb ach￿tIeS
329,750
328.749
3.011
7.901
21,728
,142
21,553
19,150
378,629
361,389
Ib)V•Stments
Property IneA)rne
Bank interestroc*iv8blg
20,663
11,550
20.663
11.559
Othgr Income
other Income (Balancing funds)
Total I￿ornIng resour
EXPENDITURE
Charftabl• ￿￿vitI*l
CgStofdiro£tchoritsbk actNty
409,291
372.949
1304.5061
1190,3231
Staff txJsts- wages & s8lArf¥¥
110,3611
Stallcosts- wages & salarie¥
116,1711
Cost ofdirect charitabk aomty
13,3101
1320.6771
{203.9941
Adverb$ing & PR
Tax IDÈferredl Expense
Legal & Profe5sional- Debt R8C0￿ry
Oth8rCo8tsWrite-offs
Managlng Agent
11441
14.6751
14,0461
12,C¥J2
179.1841
194,6081
199,2831
171,3721
SUPPORT COSTS
Telepho
Telephone (Communty Centrel
{4831
14831
G￿et￿)nc& costs
TaxatSon advicg (Estate Manag￿r￿nti
(7.2651
160117
pago do•s not foryn part ofthe Statutory finantial 8latem*)ts

ENFIELD ISLAND VILLAGE TRUST
Delailed Statement of Financial Activities Continued
For the year ended 31 March 2021
Le9al fees
other office o)sts
Legal fees
Premise5 costs
132,1011
121,e671
12,1451
13,1501
118,2851
14281
11.0001
111,4401
oth8roffic& costs
11.1201
Legal Ilnvestment F*)wtssl
AwJunlanw leg$
13,5491
Indopandtrnt Examinerfs fees
13.356
13.1501
D8preaation of0w￿d assets
13,7281
Interestpayable
1261
(50.541}
(61.8691
T¢)tal rosoul￿ ￿p9nd9d
NET INCOME BEFORE GAINS AND LOSSES
1470,601}
1337.7181
Other r8cognlsed galns and losses
G8inslllo3$1 on r8valuation of investmènts
27.5QKI
27.f4]0
Net ine(Th& before galns and losses
27.$00
Net ExpBndtturo
{33,709)
35.231
17of17
This page dces notfcffii part of the statutory financial 5tatem8nts