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2020-12-31-accounts

Contents
Trustees' Report
Independent Examiner's	Report
Statement of Financial	Activities
Balance Sheet
Notes to the Financial Statements

Year Ended 3	1 Decem	ber 2020
			General	Designated	Restricted	Total	Total
			Funds	Funds	Funds	Funds	Funds
			2020	2020	2020	2020f	2019
Income from:
Torbay Council	income		7,500			7,500
Grant Income			1,500	17,300	1,000	19,800	4,016
Other income				13,392		13,392	6,779
			9,000	30,692	1,000	40,692	10,795
Riviera Life Link donation		income	2,504			2,504	976
Total			11,504	30,692	1,000	43,196	11,771
Expenditure on:
Administration	expenses			418		418	516
Premises expenses			306	2,871	333	3,510	4,827
Main Activities			111	17,027	2,508	19,646	5,191
Other expenses			57	1,709		1,766	2,145
Total			474	22,025	2,841	25,340	12,679
Net Income/Expenditure			11,030	8,667	(1,841)	17,856	(908)
Transfers			1,334		(1,334)
Total funds brought forward			16,691		3,844	20,535	21,443
Total funds carried forward			29,055	8,667	669	38,391	20,535

31 December 202	0
			2020	2019
		Note
Fixed assets
Tangible assets			2,060	499
Current assets
Debtors			1,057	944
Cash at bank and in	hand		36,184	19,792
			37,241	20,736
Creditors - Amounts	falling due within one year		(910)	(700)
Net current assets			36,331	20,036
Total assets less current liabilities			38,391	20,535
Capital, reserves and funds
General fund			29,055	16,691
Designated fund			8,667
Restricted			669	3,844
Total funds			38,391	20,535

2	Income
	Net income/(expenditure)		is stated after charging:		2020	2019
	Depreciation	written off	tangible	fixed assets	1,342	821
	Independent	examiner's	fees:
	Independent	examination			500	500
	Other accountancy services				200	200

3	Tangible Fixed Assets
		Fixtures and
		Fittings
	Cost
	At 1 January 2020 Additions	12,139 2,903
	At 31 December 2020	15,042
	Depreciation At 1 January 2020 Charge for the year	11,640 1,342
	At 31 December 2020	12,982
	Net book value
	At 31 December 2020	2,060
	At 31 December 2019	499

4	Tangible fixed assets charge off821. Debtors	forthe year ended 31 December 2019incl	uded additions off369and	adepreciati
			2020f	2019
	Gift aid receivable
	Other Debtor
			1,057	944
5	Creditors: Amounts	falling due within one year	2020	2019
	Accruals		700	700
	Other Creditor		210
			910	700

Funds
		1January				31 December
		2020	Income	Expenditure	Transfers	2020
Restricted Funds
TCDT Grant		429		(429)
Co-op Grant		3,415		(2,079)	(667)	669
Torbay Fund Alliance			1,000	(333)	(667)
		3,844	1,000	(2,841)	(1,334)	669
Designated Funds
ROC Redeeming	Our	Communities	30,692	(22,025)		8,667
General Funds (RLL)		16,691	11,504	(474)	1,334	29,055
		20,535	43,196	(25,340)		38,391
Funds breakdown		Restricted	General	Designated
		Funds	Funds	Funds	Total
Fixed assets			1,100	960	2,060
Current assets		669	28,865	7,?07	37,241
Current liabilities			(910)		(910)
31 December 2020		669	29,055	8,667	38,391

Comparative information	Comparative information	in respect ofthe preceding	in respect ofthe preceding	in respect ofthe preceding	period is as follows:	period is as follows:	period is as follows:
			1 January 2019	Income		Expenditure	Transfers		31 December 2019
						R
Restricted Funds
TCDT Grant Co-op Grant					500 3,516	(71) (101)			429 3,415
					4,016	(172)			3,844
Designated Funds ROC Redeeming Our Communities			3,712		6,779	(12,507)		2,016
RLP Rose Lodge	Project		14,018				(14,018)
			17,730		6,779	(12,507)	(12,002)
General Funds (RLL)			3,713		976			12,002	16,691
			21,443	11,771		(12,679)			20,535
Funds breakdown			Restricted	General		Designated		Funds
			Funds	Funds		ROC		RLP	Total
					K			K	R
Fixed assets					499				499
Current assets			3,844	16,892					20,736
Current liabilities					(700)				(700)
31 December 2019			3,844	16,691					20,535