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||||Contents||
|---|---|---|---|---|
|Reference and Administrative||Details|||
|Trustees'
Report||||2to 4|
|Statement ofTrustees'|Responsibilities||||
|independent
Auditors'|Report|||6to9|
|Statement of Financial|Activities|||10|
|Balance Sheet|||||
|Statement of Cash Flows||||12|
|Notes to the Financial|Statements|||13to 22|
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|Chief Executive Officer|H A Moorby-Davies|
|---|---|
|Trustees||
||Miss JCOliver|
||C H Jones|
||T R Lincoln|
||BMarsden
(resigned 15April 2020)|
||Mrs M B King|
||W R F Gosling|
||DT Handslip|
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||||Note||Unrestricted
funds|Restricted
funds|Total 2020|
|---|---|---|---|---|---|---|---|
||||||f|f|f|
|Income and Endowments||from:||||||
|Donations
and legacies|||||26,403|51,696|78,099|
|Charitable
activities|||||1,724,697||1,724,697|
|Tota I Income|||||1,751,100|51,696|1,802,796|
|Expenditure
on:||||||||
|Charitable
activities|||||(1,515,624)||(1,515,624)|
|Other expenditure|||||(81,170)|(38,575)|(119,745)|
|Total Expenditure|||||(1,596,794)|(38,575)|(1,635,369)|
|Net income|||||154,306|13,121|167,427|
|Net movement
in funds|||||154,306|13,121|167,427|
|Lifting of Restricted|Funds|||16||||
|Reconciliation
offunds||||||||
|Total funds brought|forward||||714,829|298,171|1,013,000|
|Total funds carried|forward|||16|869,135|311,292|1,180,427|
||||Note||Unrestricted
funds|Restricted
funds|Total 2019|
||||||f|f|f|
|Income and Endowments||from:||||||
|Donations
and legacies|||||1,780|36,312|38,092|
|Charitable
activities|||||1,560,680||1,560,680|
|Total Income|||||1,562,460|36,312|1,598,772|
|Expenditure
on:||||||||
|Charitable
activities|||||(1,428,026)||(1,428,026)|
|Other expenditure|||||(57,883)|(37,124)|(95,007)|
|Total Expenditure|||||(1,485,909)|(37,124)|(1,523,033)|
|Net income|||||76,551|(812)|75,739|
|Net movement
in funds|||||76,551|(812)|75,739|
|Lifting ofRestricted|Funds|||16|340,805|(340,805)||
|Reconciliation
offunds||||||||
|Total funds brought|forward||||297,473|639,788|937,261|
|Total funds carried|forward|||16|714,829|298,171|1,013,000|
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||||||2020|2019|
|---|---|---|---|---|---|---|
||||Note||f|f|
|Fixed assets|||||||
|Intangible
assets||||11|166,654|187,486|
|Tangible assets||||12|1,335,055|1,212,527|
||||||1,501,709|1,400,013|
|Current assets|||||||
|Debtors||||13|44,011|29,940|
|Cash at bank|and in hand||||536,281|410,610|
||||||580,292|440,550|
|Creditors: Amounts||falling due within one year||14|(244,897)|(141,194)|
|Net current|assets/(liabilities)||||335,395|299,356|
|Total assets|less current liabilities||||1,837,105|1,699,369|
|Creditors: Amounts||falling due after more than one year||15|(656,678)|(686,369)|
|Net assets|||||1,180,427|1,013,000|
|Funds ofthe|charity:||||||
|Restricted funds|||||311,292|298,171|
|Unrestricted|funds||||869,135|714,829|
|Total funds||||16|1,180,427|1,013,000|
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|Statement|of Cash|Flows for the Year Ended 31August|Flows for the Year Ended 31August|2020||
|---|---|---|---|---|---|
||||Note|2020
f|2019|
|Cash flows from operating
activities||||||
|Net cash income||||167,427|75,739|
|Adjustments
to cash flows from non-cash items||||||
|Depreciation||||53,921|46,462|
|Amortisation||||20,832|20,832|
|||||242,180|143,033|
|Working capital adjustments||||||
|Decrease/(increase)
in debtors|||13|(14,071)|(10,597)|
|(Decrease)/increase
in creditors|||14|100,417|12,470|
|Net cash flows from operating
activities||||328,526|144,906|
|Cash flows from investing
activities||||||
|Purchase oftangible
fixed assets|||12|(176,450)|(57,291)|
|Sale oftangible fixed assets|||||330|
|Net cash flows from investing
activities||||(176,450)|(56,961)|
|Cash flows from financing
activities||||||
|Increase/(decrease)
in loans and borrowings|||14|(26,405)|(26,605)|
|Net increase
in cash and cash equivalents||||125,671|61,340|
|Cash and cash equivalents
at 1September||||410,610|349,270|
|Cash and cash equivalents
at 31August||||536,281|410,610|
|Reconciliation
ofnet cash flow to movement||in|net funds|||
|Increase in cash||||125,671|61,340|
|Cash (inflow)/outflow
from drawdown/repayment|||ofloans|26,405|26,605|
|Change
in net (debt)/funds
resulting|from cash|flows||152,076|87,945|
|Net debt at 1September 2019||||(303,306)|(391,251)|
|Net debt at 31August 2020||||(151,230)|(303,306)|
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||||||Unrestricted||||
|---|---|---|---|---|---|---|---|---|
||||||funds||Total|Total|
||||||General|Restricted
funds||2019|
|||||||f|f||
|Donations|and|legacies;|||||||
|Donations|from|individuals|and|other|||||
|organisations|||||26,403|51,696|78,099|38,092|
||||||26,403|51,696|78,099|38,092|
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|||Unrestricted|||||
|---|---|---|---|---|---|---|
|||funds|||Total|Total|
|||General|Other income|Restricted
funds|2020|2019|
|||f|f|f|f||
|Charitable|income;||||||
|Sales ofgoods and services||1,682,102|42,595||1,724,697|1,560,680|
|||1,682,102|42,595||1,724,697|1,560,680|
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|||||Total|Total|
|---|---|---|---|---|---|
|||Activity|Activity|||
|||undertaken|support|2020|2019|
|||directly|costs|||
|||f|f||E|
|Consumable|resources|83,346||83,346|136,422|
|Wages and salaries||836,400|301,198|1,137,598|1,003,952|
|Rent and rates||48,000|116,038|164,038|181,161|
|Office expenses|||100,666|100,666|75,574|
|Loan interest|||26,376|26,376|27,316|
|||967,746|544,278|1,512,024|1,424,425|
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|The aggregate
payroll costs were as follows:|||
|---|---|---|
||2020|2019|
||E|f|
|Staff costs during the year were:|||
|Wages and salaries|1,056,288|924,606|
|Social security costs|59,020|64,292|
|Pension costs|22,290|15,054|
||1137598|1003952|
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|11
Intangible
fixed assets|||
|---|---|---|
||Goodwill|Total|
||f|E|
|Cost|||
|At 1September 2019|291,645|291,645|
|Additions|||
|At 31August 2020|291,645|291,645|
|Amortisation|||
|At 1September 2019|104,159|104,159|
|Charge for the year|20,832|20,832|
|At 31August 2020|124,991|124,991|
|Net book value|||
|At31August 2020|166,654|166,654|
|At 31August 2019|187,486|187,486|
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|12
Tangible fixed assets||||
|---|---|---|---|
|||Furniture||
||Land and|||
|||anti|Total|
||buildings|equipment||
|||E||
|Cost||||
|At 1September 2019|1,221,028|180,687|1,401,715|
|Additions|135,896|40,554|176,450|
|Disposa Is||||
|At 31August 2020|1,356,924|221,241|1,578,165|
|Depreciation||||
|At 1September 2019|98,236|90,953|189,189|
|Charge for the year|27,694|26,227|53,921|
|Eliminated
on disposals||||
|At 31August 2020|125,930|117,180|243,110|
|Net book value||||
|At 31August 2020|1,230,994|104,061|1,335,055|
|At 31August 2019|1,122,792|89,734|1,212,526|
|2020|2019|
|---|---|
|f|f|
|9,671|14,018|
|24,485|15,269|
|9,855|653|
|44,011|29,940|
|2020|2019|
|f|f|
|30,832|27,547|
|35,329|12,604|
|25,031|20,490|
|35,116|25,864|
|118,589|54,689|
|244,897|141,194|
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||||||2020|2019|
|---|---|---|---|---|---|---|
||||||E|E|
|Charity Bank|||||30,832|27,547|
|The loan|is secured|on the buildings||on East Parade and North Park Road.|||
||||||2020||
|Deferred|income at 1September||2019||44,030||
|Resources deferred||in the period|||102,852||
|Amounts|released from previous||periods||(44,030)||
|Deferred|income at 31August 2020||||102,852||
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|||2020|2019|
|---|---|---|---|
|Charity|Bank|656,678|686,369|
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|17
Funds|||||||
|---|---|---|---|---|---|---|
|||Balance at 1
September
2019|Incoming
resources|Resources
expended|Restriction
Lifted|Balance at
31August
2020|
|||f||||f|
|Unrestricted|funds||||||
|General||(714,829)|(1,751,100)|1,596,794||(869,135)|
|Restricted funds||(298,171)|(51,696)|38,575||(311,292)|
|Total funds||(1,013,000)|(1,802,796)|1,635,369||(1,180,427)|
|||Balance at 1
September
2018|Incoming
resources|Resources
expended|Restriction
Lifted|Balance at
31August
2019|
|||f||||f|
|Unrestricted|funds||||||
|General||(297,473)|(1,562,460)|1,485,909|(340,805)|(714,829)|
|Restricted funds
Total funds||(639,788)
~937,262|(36,312)
~2,596,772|37,124
1,523,033|340,805
-|(298,171)
~2,023,000|
|||Unrestricted|Restricted||
|---|---|---|---|---|
|||funds|funds|Total funds|
|||f|f|f|
|intangible|fixed assets|166,654||166,654|
|Tangible|fixed assets|1,327,755||1,327,755|
|Current assets||276,300|311,292|587,592|
|Current
liabilities||(244,896)||(244,896)|
|Creditors|over 1year|(656,678)||(656,678)|
|Total net|assets|869,135|311,292|1,180,427|
|19
Analysis ofnet funds|||||
|||Balance at 1
September
2019|Cash flow|Balance at 31
August 2020|
|||f|f|f|
|Cash at bank and in hand||410,610|125,671|536,281|
|Debt due|within one year|(27,547)|(3,285)|(30,832)|
|Debt due|after more than one year|(686,369)|29,691|(656,678)|
|Net debt||(303,306)|152,077|(151,229)|