| Report ofthe Trustees | I | to | 5 |
|---|---|---|---|
| Independent Examiner's Report |
|||
| Statement ofFinancial Activities | |||
| Balance Sheet | |||
| Notes to the Financial Statements | 9 | to | 15 |
| FOR TH | E YEAR EN | DED 31DECEMB | ER 2020 | |||||
|---|---|---|---|---|---|---|---|---|
| 2020 | 2019 | |||||||
| Unrestricted | Restricted | Total | Total | |||||
| funds | funds | funds | funds | |||||
| Notes | f, | |||||||
| INCOME | AND ENDOWMENTS | FROM | ||||||
| Donations | and legacies | 20,806 | 20,806 | 28,014 | ||||
| Charitable | activities | |||||||
| Chantablc | activities | 13,251 | 13,251 | 38,576 | ||||
| Other tradmg activities Investment income |
60,464 6962 |
60,464 ~6962 |
26,938 ~7316 |
|||||
| Total | 101,483 | 101,483 | 100,844 | |||||
| EXPENDITURE ON | ||||||||
| Charitable | activities | |||||||
| Charitable | activities | 121,885 | 7,201 | 129,086 | 89,790 | |||
| NET INCOME/(EXPENDITURE) | (20,402) | (7,201) | (27,603) | 11,054 | ||||
| RECONCILIATION | OF FUNDS | |||||||
| Total funds brought forward | 732,982 | 54,655 | 787,637 | 776,582 | ||||
| TOTAL FUNDS CARRIED FORWARD | 712580 | 47 454 | 760034 | 787636 |
| BALANCE SHEET 31DECEMBER 2020 |
||||
|---|---|---|---|---|
| 2020 | 2019 | |||
| Notes | 6 | |||
| FIXEDASSETS | ||||
| Tangible assets |
12 | 518,202 | 527358 | |
| CURRENT ASSETS | ||||
| Stocks | 13 | 7,324 | 8,138 | |
| Cash at bank | 244 168 | 254,018 | ||
| zs 1,49z | zez,1se | |||
| CREDITORS | ||||
| Amounts falling due within |
one year | 14 | (9,660) | (1,778) |
| NET CURRENT ASSETS | 241 832 | ~26tl 78 |
||
| TOTAL ASSETSLESSCURRENT | ||||
| LIABILITIES | 760,034 | 787,636 | ||
| NET ASSETS | 76tl tl34 | 787 636 | ||
| FUNDS | 17 | |||
| Unrestricted funds |
712580 | 732981 | ||
| Restricted funds | 4 454 | 54655 | ||
| TOTAL FUNDS | 760 034 | 787 636 |
| 2020 | 2019 | ||
|---|---|---|---|
| Donations and gifts |
9,467 | 3,959 | |
| Members subscriptions |
10,774 | 11,912 | |
| Fundraismg actwities |
565 | 12,143 | |
| ~20 806 | ~28 014 | ||
| OTHER TRADING | ACTIVITIES | ||
| 2020 | 2019 | ||
| Fundraising events |
18,530 | 23,051 | |
| Tourist Information | Centre | 41,934 | 3,600 |
| Stamp sales | 287 | ||
| 60464 | 26 938 | ||
| INVESTMENT INCOME | |||
| 2020 | 2019 | ||
| Rents received | 6,380 | 6,429 | |
| Deposit account interest | 582 | 887 | |
| 6962 | 7316 |
| Direct | Support | |||||
|---|---|---|---|---|---|---|
| Costs (see | costs /see | |||||
| note 7) | note 8) | Total~ | ||||
| Charitable | activities | 118138 | 10948 | 129086 | ||
| DIRECT COSTS OF CHARITABLE ACTIVITIES | ||||||
| 2020 | 2019 | |||||
| Water rates | 714 | 1,467 | ||||
| Insurance | 10,130 | 10,598 | ||||
| Electnctty | and gas | 6,612 | 8,278 | |||
| Photocopying | and stationery | 6,850 | 4,048 | |||
| Postage and | telephone | 4,673 | 4,367 | |||
| Advertising | and promotions | 4,905 | 6,847 | |||
| Repairs and | maintenance | 72,579 | 19,936 | |||
| Books, gifts, | etc | 5,314 | 11,686 | |||
| Conservation | and acquisition | 839 | 737 | |||
| Cleamng | 325 | |||||
| Safety and | security | 3,627 | 2,927 | |||
| JTproject | 1,185 | |||||
| Faversham | outreach | 710 | 4,163 | |||
| 118138 | 75 379 | |||||
| SUPPORT | COSTS | |||||
| Governance | ||||||
| Other | costs | Totals | ||||
| Charitable | activities | 9 748 | 1 200 | 10948 | ||
| NET INCOME/(EXPENDITIJRE) | ||||||
| Net income/(expenditure) | is stated atter charging/(crediting): | |||||
| 2020 | 2019 | |||||
| Depreciation Independent |
—owned assets examiners fee |
9,056 ~1200 |
10,794 ~1338 |
| NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31DECEMBER 2020 |
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31DECEMBER 2020 |
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31DECEMBER 2020 |
||
|---|---|---|---|---|
| COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | ||||
| Unrestricted | Restricted | Total | ||
| funds | funds | funds | ||
| INCOME AND ENDOWMENTS FROM | ||||
| Donations and legacies |
28,014 | 28,014 | ||
| Charitable activities |
||||
| Charitable activities |
38,576 | 38,576 | ||
| Other trading activities Investment income |
26,938 ~7316 |
26,938 ~7316 |
||
| Total | 100,844 | 100,844 | ||
| EXPENDITURE ON | ||||
| Charitable activities |
||||
| Charitable activities |
87,264 | 2,526 | 89,790 | |
| NET INCOME/(EXPENDITURE) | 13,580 | (2,526) | 11,054 | |
| RECONCILIATION | OF FUNDS | |||
| Total funds brought | forward | 719,401 | 57,181 | 776,582 |
| TOTAL FUNDS CARRIED FORWARD | ~732981 | ~54 655 | ~787636 | |
| TANGIBLE FIXED | ASSETS | |||
| Land and | OAice | |||
| buildings | equipment | Totals | ||
| COST At I January 2020 and |
31 December 2020 | 617.827 | ~8686 | 626,513 |
| DEPRECIATION | ||||
| At I January 2020 Charge for year |
90,569 ~9056 |
8,686 | 99,255 ~9056 |
|
| At 31 December 2020 | 99,625 | 8 686 | 108311 | |
| NET BOOK VALUE | ||||
| At 31 December 2020 | 518202 | 518202 | ||
| At 31Dcccmbcr 2019 | 527.258 | 527 258 |
| STOCKS | ||||||||
|---|---|---|---|---|---|---|---|---|
| 2020 | 2019 | |||||||
| Stocks | 7324 | 8 138 | ||||||
| CREDITORS: | AMOUNTS FALLING DUE | WITHIN | ONE YEAR | |||||
| 2020 | 2019 | |||||||
| f | ||||||||
| Accrued expenses | ~9660 | ~1778 | ||||||
| LEASING AGREEMENTS | ||||||||
| Minimum lease |
payments | under non-cancellable | operating | leases fall due | as follows: | |||
| 2020 | 2019 | |||||||
| Within one year | 1,839 | 1,838 | ||||||
| 13ctwccn onc and five | years | ~1839 | ||||||
| ~1839 | ~3677 | |||||||
| ANALYSIS OF NET ASSETS BETWEEN FUNDS | ||||||||
| 2020 | 2019 | |||||||
| Unrestricted | Restricted | Total | Total | |||||
| funds | funds | funds | funds | |||||
| f. | ||||||||
| Fixed assets | 518,202 | 518,202 | 527,258 | |||||
| Current assets Current liabilities |
204,038 ~9660) |
47,454 | 251,492 ~9660) |
262,156 ~1778) |
||||
| 712580 | 47 454 | 760034 | 787 636 | |||||
| MOVEMENT | IN FUNDS | |||||||
| Net | Transfers | |||||||
| movcmcnt | bctwccn | At | ||||||
| At 1.1.20 | in funds | funds | 31.12.20 | |||||
| f | ||||||||
| Unrestricted funds |
||||||||
| General fund Property Restoration |
Fund | 657,982 ~75000 |
27,120 ~47,522) |
(25,000) ~25 000 |
660,102 ~52 478 |
|||
| 732,982 | (20,402) | 712,580 | ||||||
| Restricted funds |
||||||||
| Arden's House |
371 | 371 | ||||||
| Land Fund | 46,075 | 46,075 | ||||||
| Fire Engine (Museum) | 750 | (750) | ||||||
| Final Phase No | 12 | 4,994 | (4,994) | |||||
| IT Upgrade Fund Arthur Percival Memorial |
1,185 ~1280 |
(1,185) (272) |
1,008 | |||||
| 54 655 | 47454 | |||||||
| TOTAL FUNDS | 787 637 | ~27603) | 760,034 |
| Incoming | Resources | Movement | |||
|---|---|---|---|---|---|
| resources | expended | in funds | |||
| Unrestricted funds |
|||||
| Gcncral fund Property Restoration |
Fund | 101.483 | (74,363) ~47 522) |
27,120 ~47 522) |
|
| 101,483 | (121,885) | (20,402) | |||
| Restricted funds |
|||||
| Fire Engme (Museum) | (750) | (750) | |||
| Final Phase No 12 | (4,994) | (4,994) | |||
| IT Upgrade Fund Arthur Percival Memorial TOTAL FUNDS |
101.483 | (1,185) ~272) ~7201) ~I29 086) |
(1,185) ~272) 7 201 ~27 603) |
||
| Comparatives for movement |
in funds | ||||
| Nct | |||||
| movement | At | ||||
| At 1.1.19 | tn funds | 31.12.19 | |||
| Unrestricted funds |
|||||
| General fund |
644.401 | 13,580 | 657,981 | ||
| Property Restoration | Fund | 75000 | 75 000 | ||
| 719,401 | 13,580 | 732,981 | |||
| Restricted funds |
|||||
| Arden's Ilouse |
371 | 371 | |||
| Land Fund | 46.075 | 46,075 | |||
| Fire Engine (Museum) | 750 | 750 | |||
| Final Phase No 12 | 6,399 | (1,405) | 4,994 | ||
| IT Upgrade Fund |
1,185 | 1,185 | |||
| Arthur Percival Memorial |
2,401 ~57 181 |
~2526) | I 280 54.655 |
||
| TOTAL FLINDS | 776 582 | 11054 | 787 636 |
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| Unrestricted funds |
|||
| Gcncral fund | 100.844 | (87,2b4) | 13,580 |
| Restricted funds |
|||
| Final Phase No 12 Arthur Percival Memorial |
(1,405) ~II21) ~25262 |
(1,405) ~II21) ~2526 |
|
| TOTAL FUNDS | 100844 | ~89790) | 11034 |