OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2021-08-31-accounts

Page
Report ofthe Trustees 1 to 3
Independent
Examiner's		 Report
Statement of Financial Activities
Balance Sheet 6to7
Notes to the Financial Statements 8 to 14

2021 2020
Unrestricted Restricted Total Total
fund funds funds funds
Notes 6 E 6
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 2 89,051 89,051 45,872
EXPENDITURE ON
Charitable
activities
Saving
Hilsea Lido		 27,701 27,701 40,214
Other 14
Total 27,701 27,701 40,228
NET INCOME 61,350 61,350 5,644
RECONCILIATION OF FUNDS
Total funds brought forward 30,462 13,700 44,162 38,518
TOTAL FUNDS CARRIED FORWARD 91 812 13700 105512 44 162

BALANCE SHEET
31 AUGUST 2021
Notes 2021f 2020f
FIXEDASSETS
Tangible assets 9 7,439
Investments 10 100 100
7,539 100
CURRENT ASSETS
Debtors
Cash at bank and		 in hand 77,191
~75209		 85,909
40428
152,400 126,337
CREDITORS
Amounts
falling due within one year		 12 (54,427) (82,275)
NET CURRENT ASSETS 97,973 44,062
TOTAL ASSETS LESSCURRENT
LIABILITIES 105,512 44,162
NET ASSETS/(LIABILITIES) 105512 44 162
FUNDS 14
Unrestricted
funds:
General
fund		 91,812 30,462
Restricted funds:
Other Grants 13,700 13,700
TOTAL FUNDS 105,512 44,162

2021 2020
E
Donations 2,913 2,425
Grants 70,182 40,700
Membership 21 26
Other revenue 2,541 979
Sales/Admissions 13394 1 742
89051 45 872
Grants received, included in the above, are as follows:
2021 2020
E f
Other Grants 70 182 40 700
Other grants consist of a f12,000 from Portsmouth City Council, f42,982 from Sport England, f12,200 fro
National
Heritage		 and f3,000 from SLEP.
CHARITABLE ACTIVITIES COSTS
Support
Direct costs (see
Costs
F		 note 4)
E		 Totals
f
Saving Hilsea Lido ~26 772 929 ~27 701
SUPPORT COSTS
Management
f
Saving Hilsea Lido 929

Management
2021 2020
Saving
Hilsea Total
Lido activities
6 6
Rates and water (5,037) 21,399
Insurance 125
Light and heat (9,245) 11,303
Repairs and renewals 1,929 772
Telephone 759 189
Licences and subscriptions 1,829
Advertising 1,040
Licences and subscriptions 175
Professional fees 5,000
Accountancy fees 2,000 445
Depreciation oftangible and heritage
assets 2,479
929 34233
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
2021 2020
L' f
Depreciation —owned assets 2479
TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 August 2021 nor for the year ende
31 August 2020.
Trustees' expenses
During the year no trustees (2020: no) were reimbursed out of pocket expenses (2020:60).
STAFF COSTS
The average monthly number of employees during the year was as follows.
2021 2020
Charitable 4 4

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2021		 NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2021		 NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2021		 NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2021
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
fund
E		 fundsf fundsf
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 30,172 15,700 45,872
EXPENDITURE ON
Charitable
activities
Saving Hilsea Lido 38,214 2,000 40,214
Other 14 14
Total 38,228 2,000 40,228
NET INCOME/(EXPENDITURE) (8,056) 13,700 5,644
RECONCILIATION OF FUNDS
Total funds brought forward 38,518 38,518
TOTAL FUNDS CARRIED FORWARD 30462 13700 ~44 162
TANGIBLE FIXED ASSETS
Improvements
to Plant and
property machinery Totals
6 6 6
COST
At 1 September 2020 20,721 20,721
Additions 6,295 3,623 9,918
At 31 August 2021 27,016 3623 30639
DEPRECIATION
At 1 September 2020 20,721 20,721
Charge for year 1,574 905 2,479
At 31 August 2021 22,295 905 23,200
NET BOOK VALUE
At 31 August 2021 4,721 2 718 7439
At 31 August 2020

Shares
in
gl'oup
undertakings
f
MARKET VALUE
At 1 September 2020 and
31 August 2021 100
NET BOOK VALUE
At 31 August 2021 100
At 31 August 2020 100
There were no investment assets outside the UK.
The company's
investments		 at the balance sheet date in the share capital ofcompanies include the following:
Hilsea Lido Trading Company
Limited
Registered
office: United		 Kingdom
Nature of business:
Trading		 Company
0/
Class ofshare: holding
Ordinary 100
31 8.21 31.8.20
6 f
Aggregate
capital and reserves
Profit/(loss)
for the year		 (60,986)
14483		 (70,336)
~2491)
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
8 8
Other debtors 77 191 85909
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
8 8
Trade creditors 121 41,369
Social security and other taxes 1,430 630
Other creditors 40,276 40,276
Accruals and deferred income 12600
54 427 82275

13. ANALYSIS O F NET AS SETS BE TWEEN FUNDS
2021 2020
Unrestricted Restricted Total Total
fund funds
6		 funds
6		 fundsf
Fixed assets 7,439 7,439
Investments 100 100 100
Current assets
Current
liabilities		 138,700
~54,427)
91 812		 13,700
~13700		 152,400
~54,427)
105512		 126,337
~82,275)
44 162
14. MOVEMENT IN FUNDS
Net
movement At
At 1 9.20 in funds 31 8.21
6 f
Unrestricted funds
General
fund		 30,462 61,350 91,812
Restricted funds
Other Grants 13,700 13,700
TOTAL FUNDS 44,162 61 350 105512
Net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
E 8
Unrestricted funds
General
fund		 89,051 (27,701) 61,350
TOTAL FUNDS 89,051 ~27 701) 61 350
Comparatives for movement in funds
Net
movement At
At 1.9.19 in funds 31.8.20
Unrestricted funds
General
fund		 38,518 (8,056) 30,462
Restricted funds
Other Grants 13,700 13,700
TOTAL FUNDS 38,518 5 644 44,162

Comparative net mo vement
in funds,
inclu		 ded
in the abo		 ve are as follows
Incoming Resources Movement
resources
6		 expended
L		 in funds
f
Unrestricted funds
General
fund		 30,172 (38,228) (8,056)
Restricted funds
Other Grants 15,700 (2,000) 13,700
TOTAL FUNDS 45,872 ~40,228) 5,644
Other Grants
f8,500was awarded from Sport England. .