2020-12-31-accounts - Celynen Collieries Institute And Memorial Hall Limited (Company No. 07295916)

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

		2020	2019
	Notes
FIXEDASSETS
Tangible assets		5,012,337	5,127,897
CURRENT ASSETS
Debtors		10,865	34,805
Cash at bank		84,320	11,566
		95,185	46,371
CREDITORS
Amounts falling due within one year	8	(5,207)	(21,326)
NET CURRENT ASSETS		89,978	25,045
TOTAL ASSETSLESSCURRENT
LIABILITIES		5,102,315	5,152,942
NET ASSETS		5,102,315	5,152,942
FUNDS	10
Unrestricted funds		59,679	22,901
Restricted funds		5,042,636	5,130,041
TOTAL FUNDS		5,102,315	5,152,942

INVESTMENT INCOME
		2020	2019
Deposit account interest
NET INCOME/(EXPENDITURE)
Net income/(expenditure)	is stated after charging/(crediting):
		2020	2019
Depreciation - owned assets		115,560	115,829

Deposit account interest
NET INCOME/(EXPENDITURE)
Net income/(expenditure)	is stated after charging/(crediting):

5.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
		Unrestricted	Restricted	Total
		funds	funds	funds
	INCOME AND ENDOWMENTS	FROM
	Charitable activities
	Charitable activities	59,289	59,712	119,001
	EXPENDITURE ON
	Charitable activities
	Charitable activities	41,200	189,591	230,791
	NET INCOME/(EXPENDITURE)	18,089	(129,879)	(111,790)
	RECONCILIATION OF FUNDS
	Total funds brought forward	4,812	5,259,920	5,264,732
	TOTAL FUNDS CARRIED
	FORWARD	22,901	5,130,041	5,152,942
6.	TANGIBLE FIXEDASSETS
				Freehold
				property
	COST
	At 1 January 2020 and
	31 December 2020			5,814,961
	DEPRECIATION
	At 1 January 2020			687,064
	Charge for year			115,560
	At 31 December 2020			802,624
	NET BOOK VALUE
	At 31 December 2020			5,012,337
	At 31 December 2019			5,127,897

7.	DEBTORS:AMOUNTS	DEBTORS:AMOUNTS	DEBTORS:AMOUNTS	DEBTORS:AMOUNTS		FALLING DUE WITHIN ONE YEAR	FALLING DUE WITHIN ONE YEAR
								2020	2019
	Amounts owed		by	group		undertakings		10,675	18,368
	Other debtors								15,000
	VAT							190	1,437
								10,865	34,805
8.	CREDITORS:		AIIOUNTS FALLING DUE WITHIN ONE YEAR
								2020	2019
	Trade creditors							2,582	19,351
	Accruals and	deferred			income			2,625	1,975
								5,207	21,326
9.	ANALYSIS OF NET ASSETS BETWEEN FUNDS
								2020	2019
						Unrestricted	Restricted	Total	Total
						funds	funds	funds	funds
	Fixed assets						5,012,337	5,012,337	5,127,897
	Current assets					63,085	32,100	95,185	46,371
	Current liabilities					(3,406)	(1,801)	(5,207)	(21,326)
						59,679	5,042,636	5,102,315	5,152,942
10.	MOVEMENT	IN FUNDS
								Net
								movement	At
							At 1/1/20	in funds	31/12/20
									F
	Unrestricted		funds
	General fund						22,901	36,778	59,679
	Restricted funds
	Project account						5,129,701	(110,569)	5,019,132
	Memorial Garden			Funds			340		340
	The Way Forward			Project				23,164	23,164
							5,130,041	(87,405)	5,042,636
	TOTAL FUNDS						5,152,942	(50,627)	5,102,315

Net mov	ement in funds, included in the	above are as follows:
		Incoming	Resources	Movement
		resources	expended	in funds
Unrestricted funds
General	fund	72,946	(36,168)	36,778
Restricted funds
Project	account	75,647	(186,216)	(110,569)
The Way Forward Project		49,500	(26,336)	23,164
		125,147	(212,552)	(87,405)
TOTAL	FUNDS	198,093	(248,720)	(50,627)

A current year 12months a	nd prior year	12months combined posi	tion is as foll	ows:
			Net
			movement	At
		At 1/1/19	in funds	31/12/20
Unrestricted funds
General fund		4,812	54,867	59,679
Restricted funds
Project account World War 1 Project		5,253,012 3,618	(233,880) (3,618)	5,019,132
Big Lottery 'About to make	it'
Project		2,950	(2,950)
Memorial Garden Funds		340		340
The Way Forward Project			23,164	23,164
		5,259,920	(217,284)	5,042,636
TOTAL FUNDS		5,264,732	(162,417)	5,102,315