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||||Page|
|---|---|---|---|
|Report ofthe|Trustees||1to8|
|Independent|Examiner's|Report||
|Statement
of|Financial|Activities|10|
|Ba Iance Sheet|||11to 12|
|Notes to the Financial Statements|||13to 21|
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|Staffing; Talented staff are|Staffing; Talented staff are|not attracted,
developed|not attracted,
developed|Recruitment
policies and procedures.|||||
|---|---|---|---|---|---|---|---|---|
|and retained
in an increasingly
competitive
labour||||Formal reviews, appraisals
and development||plans.|||
|market.||||Salary Reviews.|||||
|Reputation
and Operation:||Events that could|impact|Comprehensive
training
and awareness|programme||||
|reputation
and operations.||This could include|a|for all staff,|||||
|serious fraud or significant||health
and safety|||||||
|incident.||||Regular reviews
and reports to the Executive||Committee.|||
|Safeguarding
ofstaff, clients and volunteers||||Risk assessments
and policies are in place.|||||
|Governance
and Processes:||No adequate
or||Governance
Policy and Trustee
Manual|in place.||||
|appropriate
governance
and processes
in place.||||Five year strategy
in place.|||||
|Data Protection
Breach||||Stringent
data protection
and cyber security||policies||in|
|||||place, along with privacy statements.|||||
|Cyber Security||||Programme
oftraining for staff.|||||
|External
Environment:
Inability to respond||||Focusing on the needs of people with a|visual||||
|effectively to a significant|change
in the external|||impairment
and increased
involvement|of clients||in||
|environment.||||the development
ofthe organisation
and services.|||||
|||||Partnership
working.|||||
|||||Monitor sector and act on any significant|change.||||
|In March 2020 the Society|had to make changes to the way the Society operated,
due to the COVID-19 pandemic.||||||||
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|STATEMENT OF FINANCIAL ACTIVITIES||||||
|---|---|---|---|---|---|
|FOR THE YEAR ENDED 31MARCH 2021||||2021|2020|
|||Unrestricted|Restricted|Tota
I|Tota
I|
||Note|Funds|Funds|Funds|Funds|
|INCOMING
RESOURCES||||||
|Incoming resources from||||||
|generated
funds||||||
|Voluntary
income||26,535|124,092|150,627|489,125|
|Activities for generating
funds||1,628|0|1,628|1,470|
|Investment
income||6,033|0|6,033|4,313|
|Incoming resources from||||||
|charitable
activities||||||
|Activities
in furtherance
ofthe||||||
|charity's objects||22,907|205|23,112|48,163|
|Totallncoming
Resources||57,103|124,297|181,400|543,071|
|RESOURCES EXPENDED||||||
|Costs ofgenerating
funds||||||
|Fundraising
trading: cost of||||||
|goods sold and other costs||13,505||13,505|14,086|
|Charitable
activities||||||
|Activities
in furtherance
ofthe||||||
|charity's objects|7|159,039|135,409|294,448|324,454|
|Goverance costs|11|6,899||6,899|6,582|
|Total Resources Expended||179,443|135,409|314,852|345,122|
|NET INCOMING/(OUTGOING)||||||
|RESOURCES||-122,340|-11,112|-133,452|197,949|
|Other recognised
gains/losses||||||
|Realised gains/losses
on sale of||||||
|fixed asset investments||14,383|0|14,383|-8,334|
|Net movement
in funds||-107,957|-11,112|-119,069|189,615|
|RECONCILIATION
OF FUNDS||||||
|Total funds brought
forward||516,094|145,160|661,254|471,639|
|Transfer
Restricted
Fixed Assets||15,437|-15,437|0|0|
|TOTAL FUNDS CARRIED FORWARD||423,574|118,611|542,185|661,254|
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|BALANCE SHEET
||||||||
|---|---|---|---|---|---|---|---|
|AT 31MARCH 2021||||||2021|2020|
||||Unrestricted|Restricted||Total|Total|
|||Note|Funds|Funds||Funds|Funds|
||||E|E||f||
|FIXED ASSET||||||||
|Tangible Assets||17|162,917|0||162,917|153,054|
|Investments||18|237,891|88,431||326,322|387,577|
||||400,808|88,431||489,239|540,631|
|CURRENT ASSETS||||||||
|Stocks|||10,138|0||10,138|10,315|
|Debtors 8 Payments|in Advance|19|6,329|0||6,329|22,248|
|Cash at Bank|||20357|30,180||50,537|109,489|
||||36,824|30,180||67,004|142,052|
|CREDITORS||||||||
|Amounts
falling due||||||||
|within
one year||20|14,058|0||14,058|21,429|
||||14,058|0||14,058|21,429|
|NET CURRENT ASSETS|||22,766|30,180||52,946|120,623|
|TOTAL ASSETS LESS||||||||
|CURRENT LIABILITIES|||423,574|118,611||542,185|661,254|
|NET ASSETS|||423,574|118,611|'|542,185|661,254|
|FUNDS||21||||||
|Unrestricted
funds||||||423,574|516,094|
|Restricted
funds||||||118,611|145,160|
|TOTAL FUNDS||||||542,185|661,254|
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|NOTES TO THE FINANCIAL STATE
FOR THE YEAR ENDED 31MARCH|NOTES TO THE FINANCIAL STATE
FOR THE YEAR ENDED 31MARCH|MENTS - CONTINUED
2021|||||
|---|---|---|---|---|---|---|
|2. VOLUNTARY
INCOME|||Unrestricted|Restricted|2021|2020|
||||f|f|E|f|
|Donations
and Gifts|||24,074|40,742|64,816|46,200|
|Legacies|||2,461|0|2,461|414,883|
|Reaching Communities|Grant||0|0|0|13,422|
|RNIB - ECLO|||0|0|0|14,620|
|Benefit Officer Project|||0|83,350|83,350|0|
||||26,535|124,092|150,627|489,125|
|3. ACTIVITIES FOR GENERATING||FUNDS|Unrestricted|Restricted|2021|2020|
||||E|E|f|f|
|General fundraising|||1,628|0|1,628|1,390|
|Lettings|||0|0|0|80|
||||1,628|0|1,628|1,470|
|4. INVESTMENT INCOME|||Unrestricted|Restricted|2021|2020|
||||E|f|f|f|
|Income from listed investments|||6,032|0|6,032|4,294|
|Interest
Receivable|||1|0|1|19|
||||6,033|0|6,033|4,313|
|5. INCOMING
RESOURCES FROM||CHARITABLE ACTIVITIES|||||
||||Unrestricted|Restricted|2021|2020|
||||f|E|f|E|
|Service charge|||2,742|0|2,742|4,319|
|Membership
subscriptions|||13,877|0|13,877|16,004|
|Grants Receivable|||0|205|205|2,421|
|Social Clubs|||0|0|0|763|
|Awards for All
—Trailer|||0|0|0|10,000|
|Sale of aids & equip|||6,288|0|6,288|14,656|
||||22,907|205|23,112|48,163|
|6. FUNDRAISING
TRADING: COST||OF GOODS SOLD AND OTHER COSTS|||2021|2020|
||||||f|f|
|Staff costs|||||13,505|13,237|
|Other costs|||||0|849|
||||||13,505|14,086|
|7. CHARITABLE ACTIVITIES COSTS||||Grant funding|Support||
||||Direct costs|ofactivities|costs|Totals|
||||(see Note 8)|(see note 9)|(see note 10)||
|Activities
in furtherance|||f|E|f|E|
|ofthe charity's
objects|||237,240|205|57,003|294,448|
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||||||Unrestricted|Restricted|2021|2020|
|---|---|---|---|---|---|---|---|---|
||||||E|E|f|f|
|Staff salaries|||||87,432|105,727|193,159|190,148|
|Talking News & Links Voice|||||0|0|0|2,204|
|Domiciliary|visiting|service|||725|0|725|11,764|
|Volunteer
exps 8 Social clubs|||||0|0|0|2,540|
|Befriending|service||||2,824|0|2,824|20,589|
|Benefit Officer exps|||||0|26,406|26,406|0|
|ECLO costs|||||0|0|0|174|
|Purchase of|aids &equipment||||6,119|1,113|7,232|17,834|
|Launch
pad|costs||||0|1,454|1,454|4,421|
|Trailer exps|||||0|504|504|0|
|Loss on disposals|||||0|0|0|134|
|Depreciation|||||4,936|0|4,936|2,496|
||||||102,036|135,204|237,240|252,304|
|9. GRANTS|PAYABLE||||Unrestricted|Restricted|2021|2020|
|Activities
in|furtherance||ofthe||f||f|f|
|charity's
objects|||||0|205|205|2,292|
|Grants payable
relate to individuals||||in line with the charity's|objectives.||||
||||||||2021|2020|
|10. SUPPORT COSTS|||||||E|f|
|Activities
in|furtherance||ofthe charity's objects||||57,003|69,858|
|Support costs included|||in the above|are as follows:|||||
||||||Unrestricted|Restricted|2021|2020|
||||||f|f|f|f|
|Wages|||||50,235|0|50,235|49,214|
|Head Office|costs||||5,651|0|5,651|18,877|
|Travel|||||65|0|65|938|
|Subscriptions|||||414|0|414|556|
|Depreciation|||||638|0|638|273|
||||||57,003|0|57,003|69,858|
|11. GOVERNANCE||COSTS|||||2021|2020|
||||||||f|f|
|Staff costs|||||||1,000|1,000|
|Professional|fees||||||5,877|4,791|
|Meetings
and conferences|||||||22|791|
||||||||6,899|6,582|
|12. NET INCOMING/(OUTGOING)RESOURCES|||||||||
||||||||2021|2020|
|Net resources are stated after charging/(crediting):|||||||f|f|
|Depreciation|-owned assets||||||5,573|2,769|
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|---|---|---|---|---|---|
|14. STAFF COSTS||||2021|2020|
|||||f|E|
|Wages and salaries||||223,314|220,644|
|Social security costs||||12,857|12,465|
|Other pension costs||||21,728|20,490|
|||||257,899|253,599|
|The average
monthly|number|of employees|during the year was as follows:|||
|Sight impairment
Officers||||||
|Benefit Officer||||||
|Fundraising||||||
|Administration
S.Support services||||||
|Management||||||
|Volunteer
co-ordinators||||||
|||||13|13|
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|17. TANGIBLE ASSETS||||||
|---|---|---|---|---|---|
|||Land and||Computers||
||Trailer|Buildings|Equipment|&I-Pads|Totals|
|COST||E|E|f|f|
|At 1April 2020||150,000|10,794|3,269|164,063|
|Additions|15,437|0|0|0|15,437|
|At 31March 2021|15,437|150,000|10,794|3,269|179,500|
|DEPRECIATION||||||
|At 1April 2020|0|0|8,258|2,751|11,009|
|Charge for year|3,087|0|2,159|328|5,574|
|At 31March 2021|3,087|0|10,417|3,079|16,583|
|NET BOOK VALUE||||||
|At 31March 2021|12,350|150,000|377|190|162,917|
|At 31March 2020|0|150,000|2,536|518|153,054|
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|---|---|---|---|
|Land & Build|ings valuation|2021|2020|
|||f|E|
|Cost||193,830|193,830|
|Accumulated|Depreciation|0|0|
|At 31March|2021|193,830|193,830|
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|. FIXED ASSET INVEST||ENTS|||||Fixed Asset|
|---|---|---|---|---|---|---|---|
||||||||Investments|
|COST|||||||E|
|At 1 April 2020|||||||387,577|
|Additions|||||||81,366|
|Disposals|||||||-159,643|
|Profit/Loss
on Sale of Investments|||||||14,383|
|Dividends
re-invested|||||||2,639|
|At 31 March 2021|||||||326,322|
|Market Values|||||||f|
|At 31 March 2021|||||||378,334|
|At 31 March 2020|||||||352,809|
|The historical cost data above relates to the original cost of the investments|||||and includes|a mix ofthose||
|purchased
by the company||and those gifted to the charity.||||||
|The charity
held no investments|||that were more|than
5/o ofthe portfolio||||
|19. DEBTORS:AMOUNTS|FALLING DUE WITHIN|||ONE YEAR||2021|2020|
|||||||E|E|
|Other debtors||||||6,329|6,811|
|Payment
in Advance for Trailer||||||0|15,437|
|||||||6,329|22,248|
|20. CREDITORS: AMOUNTS||FALLING DUE WITHIN ONE YEAR||||2021|2020|
|||||||f|f|
|Deferred Income||||||6,052|11,820|
|Taxation and social security||||||2,554|2,554|
|Other creditors||||||5,452|7,055|
|||||||14,058|21,429|
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|21. MOVEMENT|IN F|UNDS||||Net||||
|---|---|---|---|---|---|---|---|---|---|
||||||movement|||||
|||||31//03 2020|I|1
0|Transfer|31 03|2021|
|||||f||f||||
|Unrestricted
funds||||||||||
|General fund||||516,094||-107,957|15,437|423,574||
|Restricted funds||||||||||
|Designated
funds|- Benefit Advice||Project|116,214||-27,783||88,431||
|Lottery Fund - Trailer||||10,000||-10,000|||0|
|Trailer Expenses|Fund|||0||8,634|||8,634|
|Mablethorpe
Club Funds||||196||0|||196|
|Westcliff Club Funds||||114||0|||114|
|Tesco Club Funds||||105||0|||105|
|Moorland
Lincoln|Funds|||293||0|||293|
|Horncastle
Social|Group|||50||0|||50|
|IT Equipment/Support||Fund||18,188||2,600||20,788||
|||||145,160||-26,549|0|118,611||
|TOTAL FUNDS||||661,254||-134,506|15,437|542,185||
|Net movement
in funds, included|||in the above are as follows:|||||||
|||||Incoming|Resources||Gains and|Movement||
|||||resources|expended||Losses|in funds||
|||||||f||||
|Unrestricted
funds||||||||||
|General
fund||||57,103||-179,443|14,383|-107,957||
|Restricted funds||||||||||
|Designated
funds|—Benefit Advice||Project|83,350||-111,133||-27,783||
|Befriending
Donations||||18,500||-18,500|||0|
|Lines Community|Fund|||2,500||-2,500|||0|
|Fixed Asset- Trailer||||5,437||-15,437||-10,000||
|Trailer Expenses|Fund|||9,138||-504|||8,634|
|Grants||||205||-205|||0|
|Mablethorpe
Club Funds||||0||0|||0|
|Westcliff Club Funds||||0||0|||0|
|Tesco Club Funds||||0||0|||0|
|Moorland
Lincoln|Funds|||0||0|||0|
|Horncastle
Club Funds||||0||0|||0|
|IT Equipment/Support||Fund||5,167||-2,567|||2,600|
|||||124,297||-150,846||-26,549||
||||TOTALFUNDS|181,400||-330,289|14,383|-134,506||
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