##
|nts|||
|---|---|---|
|Legal and Administrative|Information||
|Trustee Directors'
Report||2 —7|
|Independent
Examiners|Report|8-9|
|Statement
of Financial|Activities|10|
|Balance Sheet||11 - 12|
|Notes to the Financial
Statements||13-20|
##
|L
al an|Admlnls
ratlve I|nf rmation|nf rmation|||
|---|---|---|---|---|---|
|Chair||Mrs P Homeshaw||||
|Deputy Chair||Mr T Field||||
|Trustees||Mrs P Homeshaw||||
|||Mr A Smith (Company||Secretary)||
|||Mr R Barfield||||
|||Mr S Froud||||
|||Mr E East||||
|||Mr T Field||||
|||Mr C E Robertson||||
|||Mr S Forrester||||
|||Miss E Hurry (appointed|||14 April 2021)|
|Registered|Office|Wiveliscombe|House|||
|||The Square||||
|||Wiveliscombe||||
|||TA4 2JT||||
|Solicitors||Porter Dodson||||
|||The Quad, Blackbrook|||Park Avenue|
|||Taunton||||
|||Somerset||||
|||TA1 2PX||||
|Bankers||National
Westminster||Bank PLC||
|||12Fore Street||||
|||Wellington||||
|||Somerset||||
|||TA21 BAL||||
|||The Charity Bank Limited||||
|||1 Fosse House||||
|||182 High Street||||
|||Tonbridge||||
|||TN9 1BE||||
|Accountants||Moore Scarrott Limited||||
|||Calyx House||||
|||South Road||||
|||Taunton||||
|||Somerset||||
|||TA1 3DU||||
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|Statement
of Financial|Activi les Includln|Activi les Includln|Activi les Includln|Activi les Includln|Income|Income|&|Ex|nditure|A count for the|A count for the|A count for the|Year|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Ended 31 March 2021||||||||||||||
|||Unrestricted|||||Restricted||||Total||Total|
||||||||||||2021||2020|
||||||||||||2||2|
|Incoming resources:||Note||||||||||||
|Grants, donations
and||||||||||||||
|legacies||||45,229|||||500||45,729||16,103|
|Charitable
activities||||36,210||||23,824|||60,034||86,451|
|Other trading
activities|||||950|||2,990|||3,940||6,136|
|Investments|||||||||440||440||591|
|Fund raising|||||||||||||1,389|
|Library income||||||||14,780|||14,780||10,210|
|TOTAL INCOMING||||||||||||||
|RESOURCES||||~82389||||~42|534||~124923|~120880||
|Resources expended:||||||||||||||
|Costs of raising funds|||||||||70||70||12,577|
|Charitable
activities—||||||||||||||
|operational
expenses||||||||20,680|||20,680||44,579|
|Charitable
activities-||||||||||||||
|support costs||||32,694||||37,313|||70,007||70,159|
|Expenses
relating
to||||||||||||||
|other trading
activities|||||129||||||129||418|
|Library expenses||||||||5,530|||5,530||4,388|
|Professional
fees and||||||||||||||
|charges|||||2,241|||2,240|||4,481||5,373|
|TOTAL RESOURCES||||||||||||||
|EXPENDED||||~35064||||6~5833|||~100897|~1374 4||
|NET INCOMING
/||||||||||||||
|(OUTGOING)||||47,325||||(23,299)|||24,026|(16,614)||
|RESOURCES||||||||||||||
|Gains
/ (losses) on||||||||||||||
|investments|||||9,219||||||9,219||(3,280)|
|Transfers
between
funds||19|(25,000)|||||25,000||||||
|Total funds brought||||||||||||||
|forward||||195,178|||||738||195,916|215,810||
|TOTAL FUNDS||||||||||||||
|CARRIED FORWARD||||||||||||||
|The statement
of Financial||Activities|also||complies|with||the|requirements||for an|Income|and|
|Expenditure
account under||the Companies||Act 2006.||||||||||
##
|Balance Shee as a 31|March 2|021|||||
|---|---|---|---|---|---|---|
|Company
Registration|Number|04351175|||||
||||31 March|2021|31 March|2020|
||||Total||Total||
|||Note|2||2|F.|
|FIXEDASSETS|||||||
|Tangible Assets
Investments||10
11|31,381
56299||41,934
47080||
|||||87,680||89,014|
|CURRENT ASSETS|||||||
|Stock|||246||205||
|Debtors and Prepayments
Cash at Bank and
in Hand||12|16,927
133817||15,945
99921||
||||155,490||116,071||
|CREDITORS|||||||
|Creditors
falling due within one
year||13|~1000||916||
|NET CURRENT ASSETS||||145,481||106,902|
|Creditors
falling due after one|||||||
|year||||(4,000)|||
|TOTAL NET ASSETS||||229,161||195,916|
|REPRESENTED BY:|||||||
|General
Fund||||226,722||195,178|
|Restricted Funds:|||||||
|Wivey Link|||(12,633)||(5,084)||
|Festival|||||||
|Street Market|||||||
|Library|||15,072|2,439|5,822|738|
|TOTAL CHARITY FUNDS||14||229,161||195,916|
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|are charged
o
the year end.|r cr|edited
to|the statement
of|financial
activities|based on the m|arket
value|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|||
||||Funds|Funds|2021|2020|
||||2|2|2|2|
|2. Grants, donations||and|||||
|legacies|||||||
|Grants received;|||||||
|Street Market||||||400|
|Coronavirus|support||22,750||22,750||
|Job Retention||Scheme|7,071||7,071||
|Other|||1,745||1,745||
|Donations|||11,850|500|12,350|7,485|
|Legacy|||||||
|Sponsorship:|||||||
|Rotary|||500||500|1,000|
|Jim Laker|Fund|||||500|
|Tax recovered|||1,313||1,313|596|
|10Parishes|Festival|||||6,122|
||||45 229|500|45 129|16103|
|||Unrestricted|Restricted|||
|---|---|---|---|---|---|
|||Funds|Funds|2021|2020|
|||L'|2|2|2|
|3.|Charitable
activities|||||
||SLA Fees - Taunton|||||
||Deane Borough Council|29,710||29,710|29,710|
||SLA Fees- Wivey Town|||||
||Coundl|6,500||6,500|6,500|
||Fares||20,312|20,312|41,504|
||Registration
fees||3,512|3,512|6,417|
||Street Market||||2,320|
|||36210|23824|60 034|86451|
|4.|Costs of raising|Unrestricted|Restricted|||
||funds|Funds|Funds|2021|2020|
|||2|2|2|L'|
||Sundry||||505|
||10Parishes
Festival||||11,987|
||Fundraising||70|70|85|
||||70|70|12577|
|5. Charitable
activities||Unrestricted|Restricted|||
||—operational|Funds|Funds|2021|2020|
||expenses|2|2|2|2|
||~Wiv
002|||||
||Vehicle running
costs||10,106|10,106|29,688|
||Vehicle insurance||2,878|2,878|3,949|
||Vehicle depreciation||9,946|9,946|10,912|
||(Profit) ILoss on|||||
||disposal
of vehicles||(2,250)|(2,250)||
||Tenants travel costs|||||
||Training||||30|
||||20680|20 680|44519|
||||Unrestricted|Restricted|||
|---|---|---|---|---|---|---|
||||Funds|Funds|2021|2020|
||||2|2|2|2|
|6.|Charitable||||||
||actlvltles-||||||
||support costs||||||
||Street Market|Actual||||3,077|
||Staff costs (see||||||
||note 8)|Actual|22,079|23,850|45,929|44,021|
||Rent and rates|50/50|4,200|4,200|8,400|6,000|
||Insurances|40/60|1,080|1,621|2,701|2,995|
||Property
maintenance|50/50|1,120|1,'I 19|2,239|1,353|
||Light, heat and||||||
||water|50/50|758|759|1,517|2,391|
||Printing, postage
and stationery|50/50|765|766|1,531|2,350|
||Telephone|25/75|952|2,856|3,808|3,179|
||Computer costs|40/60|1,008|1,512|2,520|1,646|
||Sundry|50/50|310|310|620|1,663|
||Office depreciation|50/50|304|303|607|854|
||Advertising|Actual|100||100|250|
||Cleaning|50/50|18|17|35|380|
||||32594|37313|70007|70 159|
||||Unrestricted|Restricted|||
||||Funds|Funds|2021|2020|
||||2|2|2|2|
|7.|Library||||||
|Income|||||||
|Grant income —Town||Council||4,000|4,000|4,000|
|Grant income —Parish||Council||100|100|1,238|
|Grant income —Coronavirus||||10,000|10,000||
|Donations||||500|500|2,684|
|Overdue charges||||166|166|1,966|
|Other income||||14|14|322|
|||||14780|14780|10210|
|~Esss|||||||
|Repairs||||971|971|696|
|Light, heat and water||||1,378|1,378|1,173|
|Telephone||||355|355|642|
|Cleaning||||1,287|1,287|1,820|
|Legal and professional||fees||1,520|1,520||
|Bank charges||||19|19|57|
|||||5 530|5530|4388|
||||||Unrestricted|Unrestricted||Restricted|Restricted||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||Funds|||Funds|2021||2020|
||||||||2||2||2|2|
|8.
Professional|fees||||||||||||
|and charges|||||||||||||
|Accountancy
Independent
Examiners
Bookkeeping fees
Other professional fees
Bank charges|||50/50
50/50
50/50
50/50
50/50|||84
820
1,294
43|||84
819
1,294
43|168
1,639
2,588
86||871
1,590
2,684
120
108|
|||||||2 24t|||2,240|4|481|5 373|
|9.
Staff costs|||||||||||||
|Salaries and wages||||||||||45,407||43,561|
|Recruitment
costs|||||||||||||
|Staff pensions|||||||||||522||
|||||||||||45|929|44 921|
|||||||||||2021||2020|
|||||||||||No.||No.|
|The average
number||of|employees||was||||||||
|None of the trustee||directors||received any remuneration|||||during the|period.|||
|Travel and meeting||expenses||reimbursed||were|ANIL|(2020:ANIL).|||||
||||||Motor||||Office||||
|||||Vehicles|||||Equipment|||Total|
||||||2||||2|||2|
|10. Tangible Fixed|||||||||||||
|Assets|||||||||||||
|Cost at 1 April 2020||||106,336|||||18,254|||124,590|
|Additions|||||||||||||
|Disposals at cost||||(25,055)||||||||(25,055)|
|Cost at 31 March|2321||||81 281||||18254|||99,535|
|Depreciation|||||||||||||
|As at 1 April 2020|||||66,553||||16,103|||82,656|
|For the year|||||9,946||||607|||10,553|
|Eliminated
on disposal||||(25,055)||||||||(25,055)|
|As at 31 March 2021|||||51 444||||16,710|||38 154|
##
|Net book value as at|Net book value as at|31||||||
|---|---|---|---|---|---|---|---|
|March 2021|||29|837|1 544|31 381||
|Net book value|as at 31|||||||
|March 2020|||39,783||2,151|41,934||
|11.Investments|||||2021|2020||
|Investment
Portfolio|||||56299|47080||
||||||Fair Value|Total||
||||||2|||
|Cost or valuation||||||||
|At 1 April 2020|||||47,080|47,080||
|Additions||||||||
|Change
in fair|value||||9,219|9,219||
|At 31 March 2021|||||%299|56229||
|All investment|assets|are held|in funds based||in the UK. The funds invest a proportion|in to||
|overseas assets. Listed investments||||are stated at market value.||||
||||||2021|2020||
|12. Debtors||||||||
|Trade debtors|||||1,570|377||
|Other debtors and prepayments|||||12,457|13,568||
||||||14027|13945||
|Falling due after more||than one year||(other||||
|debtors)|||||2900|2 DDD||
||||||2021|2020||
||||||P.|||
|13. Creditors|and accruals|||||||
|Trade creditors|||||822|1,802||
|Accruals and deferred||income|||1,700|1,630||
|Other creditors|||||7,487|5,737||
||||||10009|9159||
||||||||18|
##
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