2020-12-31-accounts - Catzero

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		Page
Report ofthe Trustees	1	to	8
Report ofthe Independent Auditors	9	to	12
Statement ofFinancial Activities		13
Balance Sheet		14
Cash Flow Statement		15
Notes to the Cash Flow Statement		16
Notes to the Financial Statements	17	to	23
Detailed Statement ofFinancial Activities	24	to	25

				2020	2019
		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
	Notes	f
FIXEDASSETS
Tangible assets	12	281,288		281,288	312,532
CURRENT ASSETS
Debtors	13	24,235		24,235	100,057
Cash at bank and in hand		235,961		235,961	92,282
		260,196		260,196	192,339
CREDITORS
Amounts falling due within one year	14	(95,099)		(95,099)	(99,800)
NET CURRENT ASSETS		165,097		165,097	92,539
TOTAL ASSETSLESSCURRENT
LIABILITIES		446,385		446,385	405,071
CREDITORS
Amounts falling due after more than one year	15	(246,278)		(246,278)	(231,274)
NET ASSETS		200,107		200,107	173,797
FUNDS	17
Unrestricted funds				200,107	173,797
TOTAL FUNDS				200,107	173,797

					2020	2019
				Notes	f.	E
Cash flows from operating	activities
Cash generated from operations					103,569	(45,619)
Interest paid					(966)	(1,130)
Net cash provided by/(used	in)	operating		activities	102,603	(46,749)
Cash flows from investing	activities
Interest received					128	216
Net cash provided by investing		activities			128	216
Cash flows from financing	activities
Bounce Back Loan					40,000
Net cash provided by financing		activities			40,000
Change in cash and cash equivalents			in
the reporting period					142,731	(46,533)
Cash and cash equivalents	at	the
beginning ofthe reporting	period				92,282	138,815
Cash and cash equivalents	at	the end	of
the reporting period					235,013	92,282

OPERATING AC	T	I	VITI		S
									2020	2019
									f.
Net income/(expenditure)				for the reporting		period (as per the
Statement ofFinancial Activities)									26,310	(84,965)
Adjustments for:
Depreciation charges									31,244	32,694
Interest received									(128)	(216)
Interest paid									966	1,130
Decrease in debtors									75,822	5,388
(Decrease)/increase		in	creditors						(30,645)	350
Net cash provided	by/(used				in) operations				103,569	(45,619)
ANALYSIS OF CASH AND CASH EQUIVALENTS
									2020	2019
Cash in hand									82	108
Notice deposits (less		than 3		months)					235,879	92,174
Overdrafts included	in		bank		loans and overdrafts		falling due within	one year	(948)
Total cash and cash	equivalents								235,013	92,282
ANALYSIS OF CHANGES					IN NET FUNDS
								At 1.1.20	Cash flow	At 31.12.20
										f
Net cash
Cash at bank and in	hand							92,282	143,679	235,961
Bank overdraft									(948)	(948)
								92,282	142,731	235,013
Debt
Debts falling due after			1 year						(40,000)	(40,000)
									(40,000)	(40,000)
Total								92,282	102,731	195,013

	Big Lottery Reaching	Communities	Communities			f80,781
	The Hawerby Family	Trust				f62,000
	CLLD EISFFunding	Hull &Scunthorpe				645,451
	Fishmongers Company Charitable &Philanthropy				Trust	f40,000
	Armed Forces Covenant Trust Pathways			Programme		633,250
	Youth Endowment Fund					f,31,051
3.	OTHER TRADING	ACTIVITIES
							2020	2019
							f.
	Corporate and Sailing	Training	Income				126,028	163,247
4.	INVESTMENT INCOME
							2020	2019
	Deposit account interest						128	216
5.	RAISING FUNDS
	Raising donations and legacies
							2020	2019
	Sundries							2,252

In addition the work ofthe Charity is supported by approximately 40unpaid voluntee	In addition the work ofthe Charity is supported by approximately 40unpaid voluntee	rs.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
	Unrestricted	Restricted	Total
	funds	funds	funds
INCOME AND ENDOWMENTS FROM
Donations and legacies	265,043	267,281	532,324
Other trading activities	163,247		163,247
Investment income	216		216
Other income	24,996		24,996
Total	453,502	267,281	720,783
EXPENDITURE ON
Raising funds	2,252		2,252
Charitable activities
Charitable activities	536,215	267,281	803,496

11.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES	-continued
			Unrestricted	Restricted	Total
			funds	funds	funds
	Total		538,467	267,281	805,748
	NET INCOME/(EXPENDITURE)		(84,965)		(84,965)
	RECONCILIATION	OF FUNDS
	Total funds brought	forward	258,762		258,762
	TOTAL FUNDS CARRIED FORWARD		173,797		173,797
12.	TANGIBLE FIXED	ASSETS
				Computer
			Vessel	equipment	Totals
	COST
	At 1 January 2020 and	31 December 2020	624,878	12,737	637,615
	DEPRECIATION
	At I January 2020		312,346	12,737	325,083
	Charge for year		31,244		31,244
	At 31 December 2020		343,590	12,737	356,327
	NET BOOKVALUE
	At 31 December 2020		281,288		281,288
	At 31December 2019		312,532		312,532

DEBTORS:AM	OUNTS	FALLING DUE WITHIN ONE YEAR
			2020	2019
Trade debtors			11,588	89,166
VAT			3,236
Prepayments			9,411	10,891
			24,235	100,057
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
			2020	2019
Bank loans and overdrafts		(see note 16)	948
Trade creditors			7,687	8,817
Social security and other		taxes	13,768	13,263
VAT				5,253
Deferred income			65,479	64,171
Accrued expenses			7,217	8,296
			95,099	99,800
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
			2020	2019
Other loans (see note 16)			40,000
LSP Vessel Grant			206,278	231,274
			246,278	231,274
			2020	2019
Vessel Grant at 1 January			231,274	256,270
Less: Amortisation	ofGrant		24,996	24,996
Vessel Grant at 31December			206,278	231,274

An analysis ofthe maturity o	floans is given below:
		2020	2019
Amounts falling due within one year on demand:
Bank overdrafts		948
Amounts falling due between	two and five years:
Other loans - 2-5 years		40,000

			Resources
		Incoming Resources	Expanded	Movement
Unrestricted Funds - General Fund		460,080	(433,770)	26,310
Restricted Funds
Big Lottery Fund		90,081	(90,081)
Hull CLLD		33,993	(33,993)
Armed Forces Covenant	Trust	33,250	(33,250)
Youth Future Fund		31,051	(31,051)
Total		648,455	(622,145)	26/10

			2020	2019
				E
INCOME AND ENDOWMENTS
Donations and legacies
Donations Grants for delivery ofprogrammes			70,196 492,986	141,744 390,580
			563,182	532,324
Other trading activities
Corporate and Sailing Training		Income	126,028	163,247
Investment income
Deposit account interest			128	216
Other income
Amortisation ofVessel Grant			24,996	24,996
Total incoming resources			714,334	720,783
EXPENDITURE
Raising donations and	legacies
Sundries				2,252
Charitable activities
30in30			31,266	266
Offshore sailing			49,408	34,695
Vessel maintenance			24,082	40,304
Programme delivery			47,447	58,646
On shore StaffCosts			249,857	389,670
Offshore Staff Costs			66,791	70,886
Irrecoverable VAT and Repairs				8,362
Programme delivery expenses			3,041	11,188
Vehicle hire Depreciation oftangible	and heritage assets		1,492 31,244	5,707 32„694
Employer pension cost			9,833	9,146
Insurance			6,342	12,233
			520,803	673,797
Support costs
Indirect costs
Administration Wages			121,228	82,586
Rent, rates, water and refuse			16,566	15,474
Insurance			13,176	8,874
Light and heat			2,536	3,100
Carried forward			153,506	110,034

	2020	2019
Indirect costs
Brought forward	153,506	110,034
Telephone	3,460	3,489
Post stationery and printing	822	1,546
Information Technology	4,513	10,000
Repairs and Renewals	454
Bank charges	966	1,130
	163,721	126„199
Governance costs
Auditors' remuneration	3,500	3,500
Total resources expended	688,024	805,748
Net income/(expenditure)	26,310	(84,965)