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|||||CONTENTS|CONTENTS|||
|---|---|---|---|---|---|---|---|
||||||||Page|
|Reference|and administrative|||details ofthe company,|its trustees|and advisers||
|Chairman's|statement|||||||
|Trustees'|report||||||3-9|
|Independent
examiner's|||report||||10|
|Statemen:|offinancial|activities||||||
|Balance sheet|||||||12-13|
|Notes to the financial||statements|||||14-29|
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|REFERENCE AND|REFERENCE AND|ADMINISTRATIVE||DETAILS|DETAILS|DETAILS|OF THE COMPANY,|ITSTRUSTEES AND ADVISERS|
|---|---|---|---|---|---|---|---|---|
|||FOR THE||PERIOD|||ENDED 31 AUGUST 2020||
|Trustees||M Phillips|||||||
|||N Pike|||||||
|||E Phillips|||||||
|||C Northey|||||||
|||L Burton|||||||
|||T Bell (resigned|||18July 2019)||||
|||L Dannatt
(appointed||||18|July 2019,resigned|15 May 2020)|
|||D A Simpson|(appointed||||21 January 2020)||
|Company|registered||||||||
|number||06910460|||||||
|Charity registered|||||||||
|number||1132497|||||||
|Registered|office|Lifespring
Centre|||||||
|||Sherwood
Drive|||||||
|||New Ollerton|||||||
|||Nottinghamshire|||||||
|||NG22 9PP|||||||
|Company|secretary|N Pike|||||||
|Manager||M Phillips|||||||
|Accountant||Jonathan
Wilson|||||||
|||Chartered
Accountant|||||||
|||Cromwell
House|||||||
|||68 West Gate|||||||
|||Mansfield|||||||
|||Nottinghamshire|||||||
|||NG18 1RR|||||||
|Bankers||The Co-operative
Bank PLC
P0Box250 WN8 6WT|||||||
|||215215|||||||
|||Skelmersdale|||||||
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||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|funds|funds|
||||2020|2020|2020|2019|
|||Note|6|6||E|
|Income from:|||||||
|Donations
and legacies|||379|520|899|9,457|
|Charitable
activities|||132,171|13,660|145,831|113,672|
|Investments|||127||127|2|
|Other income|||620||620|1,058|
|Total Income|||133,297|14,180|147,477|124,189|
|Expenditure
on:|||||||
|Charitable
activities||7|488,079|20,555|508,634|109,383|
|Total expenditure|||488,079|20,555|508,634|109,383|
|Net expenditure|||(354,782)|(6,375)|(361,157)|14,806|
|Transfers
between|funds||(5,175)|5,175|||
|Net movement
in funds|||(359,957)|(1,200)|(361,157)|14,806|
|Reconciliation
offunds:|||||||
|Total funds brought|forward||359,957|1,200|361,157|346,351|
|Net movement
in funds|||(359,957)|(1,200)|(361,157)|14,806|
|Total funds carried forward||||||361,157|
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|||||31 August||31 March|
|---|---|---|---|---|---|---|
|||||2020||2019|
||||Note|6||F|
|Fixed assets|||||||
|Tangible assets|||12|||463,875|
|Current assets|||||||
|Stocks|||13||2,000||
|Debtors|||14||2,902||
|Cash at bank and|in hand||||15,322||
||||||20,224||
|Creditors: amounts|falling|due within one|||||
|year|||15||(13,033)||
|Net current assets||||||7,191|
|Total assets less|current|liabilities||||471,066|
|Creditors; amounts|falling|due after more|||||
|than one year|||16|||(109,909)|
|Total net assets||||||361,157|
|Charity funds|||||||
|Restricted
funds|||18|||1,200|
|Unrestricted
funds|||18|||359,957|
|Total funds||||||361,157|
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|Long-term
leasehold|property|- the shorter ofthe period of the lease or 50|
|---|---|---|
|||years|
|Plant and machinery||- 20% straight-line|
|Fixtures and fittings||- 10%straight-line|
|Office equipment||—1/3rd straight-line|
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||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|funds|funds|
||||2020f|2020
8|2020|2019
6|
|Donations|||||||
|Lifespring|Church for automatic|doors||||2,800|
|General donations|||250||250|1,973|
|Funds from Memory Cafe||||100|100|1,702|
|Donations|for capital project|||420|420|1,982|
|Gift Aid|||129||129||
|Grants|||||||
|Make Lunch grant||||||1,000|
||||379|520|899|9,457|
|Total 2019|||5,773|3,684|9,457||
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|||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|
|||funds|funds|funds|funds|
|||2020|2020f|2020
6|2019
F|
|Application
for grant funding||3,849||3,849||
|LTT income||(5,353)||(5,353)|14,500|
|Capital project and Enable income|||||23,640|
|CARincome|||13,660|13,660||
|Newark
and Sherwood|District Council|||||
|COVID-19 grant||5,000||5,000||
|Miscellaneous
income||1,523||1,523||
|Job Retention
Scheme|income|4,523||4,523||
|Oasis Hub income||1,984||1,984||
|Cafe and and shop income||84,072||84,072|38,092|
|Room hire and related|income|36,538||36,538|37,122|
|Fundraising
income||35||35|318|
|||132,171|13,660|145,831|113,672|
|Total 2019||113,672||113,672||
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|||Unrestricted|Total|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2020|2020|2019|
|||||6|
|Bank|interest|127|127||
|Total|2019||||
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||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|
||funds|funds|funds|funds|
||2020|2020|2020|2019|
|||||6|
|Sale of fixed assets||||588|
|FiT income|620||620|470|
||620||620|1,058|
|Total 2019|708|350|1,058||
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||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|funds|funds|
||||2020|2020f|2020f|2019f|
|Wages and salaries|||32,439||32,439|29,289|
|Cafe and shop purchases||and related|||||
|expenses|||40,032||40,032|24,386|
|CAR expenses||||14,500|14,500||
|Oasis Hub|expenses||483||483||
|Donations|to new charity||345,984|5,506|351,490||
|Training|||664||664|504|
|Depreciation|||24,506||24,506|17,190|
|Repairs and maintenance|||7,227||7,227|11,299|
|Insurance|||3,370||3,370|3,246|
|Utilities|||10,057||10,057|5,199|
|Loan interest|||8,704||8,704|6,231|
|Offic and|other costs||14,613|549|15,162|12,039|
||||488,079|20,555|508,634|109,383|
|Total 2019|||109,383||109,383||
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|||||||Activities||||
|---|---|---|---|---|---|---|---|---|---|
|||||||undertaken|Support|Total|Total|
|||||||directly|costs|funds|funds|
|||||||2020|2020|2020|2019|
|||||||F|6|6||
|Wages and||salanes||||32,439||32,439|29,289|
|Cafe and shop purchases|||and|related||||||
|expenses||||||40,032||40,032|24,386|
|CAR expenses||||||14,500||14,500||
|Oasis Hub|expenses|||||483||483||
|Donations|to new charity|||||351,490||351,490||
|Training||||||664||664|504|
|Depreciation|||||||24,506|24,506|17,190|
|Repairs and||maintenance|||||7,227|7,227|11,299|
|Insurance|||||||3,370|3,370|3,246|
|Utilities|||||||10,057|10,057|5,199|
|Loan interest|||||||8,704|8,704|6,231|
|Office and|other costs||||||15,162|15,162|12,039|
|||||||439,608|69,026|508,634|109,383|
|Total 2019||||||54,179|55,204|109,383||
|Independent||examiner's|remuneration|||||||
|||||||||2020|2019|
||||||||||6|
|Fees payable||to the company's||independent||examiner for the|independent|||
|examination||of the company's||annual|accounts|||1,800|1,800|
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|Staff costs||||||
|---|---|---|---|---|---|
|||||2020|2019|
|||||F|F|
|Wages and|salaries|||30,661|27,969|
|Contribution|to defined|contribution|pension schemes|1,778|1,320|
|||||32,439|29,289|
|2020|2019|
|---|---|
|No.|No.|
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||Long-term|||||
|---|---|---|---|---|---|
||leasehold|Plant and|Fixtures and|Office||
||propertyf|machinery
6|fittings
f|equipment
F|Total
6|
|At 1 April 2019|504,830|35,644|64,021|4,628|609,123|
|Additions|||60|528|588|
|Disposals|(504,830)|(35,644)|(64,081)|(5,156)|(609,711)|
|At 31 August 2020||||||
|At 1 April 2019|67,593|32,876|40,151|4,628|145,248|
|Charge for the period|14,303|980|(40,151)|147|(24,721)|
|On disposals|(81,896)|(33,856)||(4,775)|(120,527)|
|At 31 August 2020||||||
|Net book value||||||
|At 31 August 2020||||||
|At 31 March 2019|437,237|2,768|23,870||463,875|
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|||31August|31 March|
|---|---|---|---|
|||2020|2019|
|Due within|one year|||
|Prepayments|and accrued income||2,902|
||||2,902|
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|---|---|---|---|---|---|---|---|---|---|---|
|Creditor|s: Amounts|||falling due||within||one year|||
||||||||||31 August|31 March|
||||||||||2020|2019|
||||||||||6|6|
|Other loans||||||||||1,682|
|Amounts|owed to other participating||||||interests|||2,297|
|Other taxation and||social|||security|||||116|
|Other creditors||||||||||3,417|
|Accruals|and deferred|||income||||||5,521|
|||||||||||13,033|
||||||||||31 August|31 March|
||||||||||2020|2019f|
|Deferred|income at||1|April|2019||||2,961|639|
|Resources deferred|||during||the period|||||2,961|
|Amounts|released|from previous||||periods|||(2,961)|(639)|
|||||||||||2,961|
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||||31August|31 March|
|---|---|---|---|---|
||||2020f|2019
6|
|Other loans||||109,909|
|Included|within the above are amounts|falling due as follows:|||
||||31 August|31 March|
||||2020|2019f|
|Between|one and two years||||
|Other loans||||1,682|
|Between|two and five years||||
|Other loans||||5,046|
|Over five|years||||
|Other loans||||103,181|
||||||31|August|31 March|
|---|---|---|---|---|---|---|---|
|||||||2020|2019|
|||||||F|6|
|Payable|or|repayable|by|instalments|||103,181|
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|||||||31 August|31 March|
|---|---|---|---|---|---|---|---|
|||||||2020
E|2019f|
|Financial|assets|||||||
|Financial|assets measured||at fair value through||income and expenditure||15,322|
|||||||31August|31 March|
|||||||2020|2019|
|||||||6|5|
|Financial|liabilities|||||||
|Financial|liabilities|measured|at amortised|cost|||111,591|
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|18.|Statement offunds|Statement offunds||||||||
|---|---|---|---|---|---|---|---|---|---|
||Statement offunds||- current|period||||||
||||||||||Balance at|
|||||Balance at 1||||Transfers|31 August|
|||||April|2019f|Income|Expenditure
E|in/out
6|2020
6|
||Unrestricted
funds|||||||||
||Designated
funds|||||||||
||Fixed Assets Fund|||352,284||||(352,284)||
||General funds|||||||||
||General
Fund||||7,673|133,297|(488,079)|347,109||
||Total Unrestricted||funds|359,957||133,297|(488,079)|(5,175)||
||Restricted funds|||||||||
||Other Restricted|Funds||||13,660|(20,006)|6,346||
||Capital fundraising|income||||420||(420)||
||Memory Cafe||||1,200|100|(549)|(751)||
||||||1,200|14,180|(20,555)|5,175||
||Total offunds|||361,157||147,477|(508,634)|||
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|Statement
offunds|Statement
offunds|- prior|period||||||
|---|---|---|---|---|---|---|---|---|
|||||||||Balance at|
|||||Balance at|||Transfers|31 March|
||||1|April 2018
6|Income
f|Expenditure|in/out
F|2019
6|
|Unrestricted
funds|||||||||
|Designated
funds|||||||||
|Fixed Assets Fund||||345,129|||7,155|352,284|
|General funds|||||||||
|General
Fund||||960|82,191|(109,383)|33,905|7,673|
|Total Unrestricted||funds||346,089|82,191|(109,383)|41,060|359,957|
|Restricted funds|||||||||
|Capital fundraising|income||||40,296||(40,296)||
|Memory Cafe||||262|1,702||(764)|1,200|
|||||262|41,998||(41,060)|1,200|
|Total offunds||||346,351|124,189|(109,383)||361,157|
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|Analysis|of n|et assets between|funds|- current period||||
|---|---|---|---|---|---|---|---|
||||||||Total|
||||||||funds|
||||||||31August|
||||||||2020f|
|Total||||||||
|Analysis|of net assets between||funds|- prior period||||
||||||Unrestricted|Restricted|Total|
||||||funds|funds|funds|
||||||31 March|31 March|31 March|
||||||2019
F|2019
6|2019f|
|Tangible|fixed|assets|||463,875||463,875|
|Current|assets||||19,024|1,200|20,224|
|Creditors|due|within one year|||(13,033)||(13,033)|
|Creditors|due|in more than one year|||(109,909)||(109,909)|
|Total|||||359,957|1,200|361,157|
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