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|---|---|---|---|---|
|Report ofthe Trustees||1|to|7|
|Report ofthe Independent|Auditors|8|to|11|
|Statement ofFinancial Activities|||12||
|Balance Sheet|||13||
|Notes to the Financial Statements||14|to|24|
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||||||31.12.20|31,12.19|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||fund|funds|funds|funds|
|||Notes|||E|f|
|INCOME AND ENDOWMENTS|FROM||||||
|Donations
and legacies||||||2,301|
|Charitable
activities||3|||||
|Operation
ofcentre facilities|||171,799||171,799|235,748|
|Total|||171,799||171,799|238,049|
|EXPENDITURE ON|||||||
|Charitable
activities|||||||
|Operation ofcentre facilities|||171,291|58,845|230,136|304,787|
|NET INCOME/(EXPENDITURE)|||508|(58,845)|(58,337)|(66,738)|
|RECONCILIATION
OF FUNDS|||||||
|Total funds brought
forward|||3,731|2,165,210|2,168,941|2,235,679|
|TOTAL FUNDS CARRIED FORWARD|||4,239|2,106,365|~21I 0,604|2,168,941|
||~HAAAHHE|HHE|||
|---|---|---|---|---|
||31 DECEMBER 2020||||
||||31.12.20|31.12,19|
||)3iotes||E|8|
|FIXEDASSETS|||||
|Tangible assets|||2,113,118|2,178,284|
|CURRENT ASSETS|||||
|Debtors|||22,382|9,210|
|Cash at bank and in hand|||38,880|~87 568|
||||61,262|96,778|
|CREDITORS|||||
|Amounts
falling due within one year|13||(63,776)|(106,121)|
|NET CURRENT ASSETS|||~2514|~6343|
|TOTAL ASSETSLESSCURRENT LIABILITiES|||2,110,604|2,168,941|
|)4IETASSETS|||~2110604|~2168941|
|FUNDS|15||||
|Unrestricted
funds|||4,239|3,731|
|Restricted funds|||2106365|2165210|
|TOTAL FUNDS|||~2,110604|~2168941|
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|2.|DONATIONS|AND LEGACIES|AND LEGACIES|AND LEGACIES|||||
|---|---|---|---|---|---|---|---|---|
||||||||31.12.20|31.12.19|
||||||||6|f|
||Donations|||||||2,301|
|||||||||2301|
||INCOME FROM||CHARITABLE||ACTIVITIES||||
||||||||31,12.20|31.12.19|
||||||Activity||6|f|
||Centre activities||&related||||||
||income||||Operation|ofcentre facilities|64,085|147,261|
||Management|fees|||Operation|ofcentre faci1ities|96,380|88,487|
||Grants||||Operation|ofcentre facilities|11,334||
||||||||171,799|235,748|
||Grants received,||included|in the|above, are as follows:||||
||||||||31.12.20|31.12.19|
||||||||6|f|
||Covid rates support grants||||||~11 334||
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|4,|CHARITABLE|CHARITABLE|CHARITABLE|ACTIVITIES COSTS|ACTIVITIES COSTS||||
|---|---|---|---|---|---|---|---|---|
|||||||Direct|Support||
|||||||Costs (see|costs (see||
|||||||note 5)|note 6)|Totals|
|||||||6|6|8|
||Operation|of|centre facilities|||133,596|96,540|230,136|
|5.|DIRECT COSTS OF CHARITABLE ACTIVITIES||||||||
||||||||31,12.20|31,12.19|
||||||||8|f|
||Staff costs||||||63,446|93,183|
||Other staff costs||||||415|532|
||Bad debts||||||4,569|1,500|
||Depreciation||||||65,166|70,143|
||||||||133,596|~165 358|
|6.|SUPPORT|COSTS|||||||
||||||||Governance||
|||||||Management|costs|Totals|
|||||||6||8|
||Operation|of|centre facilities|||88,712|7,828|96,540|
||Support costs,|||included|in the above, are as follows:||||
||Management||||||||
||||||||31.12.20|31.12.19|
||||||||Operation||
||||||||ofcentre|Total|
||||||||facilities|activities|
|||||||||6|
||PropertY costs||||||40,482|80,724|
||Insurance||||||8,031|7,700|
||Administrative||costs||||13,818|20,550|
||Management||fee||||20,000|20,000|
||Postage and||statloneD'||||35|331|
||Advertising||||||260||
||Sundries||||||2,707|828|
||Legal and professionalfees||||||845|35|
||Irrecoverable||VAT||||2,534|3,761|
||||||||88,712|133,929|
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|||31.12.20|31.12.19|
|---|---|---|---|
|||f|f|
|Auditors'|remuneration|7,828|5,500|
|Depreciation - owned assets||65,166|70,142|
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|STAFF COSTS||||||
|---|---|---|---|---|---|
|||||31,12.20|31.12.19|
|||||f||
|Wages and salaries||||57,413|85,764|
|Social security costs||||3,008|3,767|
|Other pension costs||||3,025|3,652|
|||||63,446|93,183|
|The average
monthly|number ofemployees|during|the year was as follows:|||
|||||31.12.20|31.12.19|
|Operation ofcentre facilities||||10|16|
##
|10.|COMPARATIVES FOR THE STATEMENT OF FINANCIAL|COMPARATIVES FOR THE STATEMENT OF FINANCIAL|COMPARATIVES FOR THE STATEMENT OF FINANCIAL|COMPARATIVES FOR THE STATEMENT OF FINANCIAL|ACTIVITIES|||
|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|
||||||fundf|funds
f|funds
E|
||INCOME AND ENDOWMENTS||FROM|||||
||Donations
and legacies||||2,301||2,301|
||Charitable
activities|||||||
||Operation
ofcentre facilities||||235,748||235,748|
||Total||||238,049||238,049|
||EXPENDITURE ON|||||||
||Charitable
activities|||||||
||Operation ofcentre factlitiss||||245,941|58,846|304,787|
||NET INCOME/(EXPENDITURE)||||(7,892)|(58,846)|(66,738)|
||RECONCILIATION
OF FUNDS|||||||
||Total funds brought|forward|||11,623|2,224,056|2,235,679|
||TOTAL FUNDS CARRIED FORWARD||||3,731|2,165,210|2,168,941|
|11.|TANGIBLE FIXEDASSETS|||||||
|||||||Fixtures||
|||||Freehold|P/ant and|and||
|||||property
f|machinery
8|fittings
f|Totals|
||COST|||||||
||At 1 January 2020 and|31 December 2020||~2,942 261|225,697|401,868|3,569,826|
||DEPRECIATION|||||||
||At 1 January 2020|||777,051|214,206|400,285|1,391,542|
||Charge for year|||58,845|5,326|995|65,166|
||At 31 December 2020|||835,896|219,532|401,280|1,456,708|
||NET BOOK VALUE|||||||
||At 31 December 2020|||2,106,365|6,165|588|2,113,118|
||At 31 December 2019|||2,165,210|11,491|1,583|2,178,284|
##
|12,|DEBTORS:AMOUNTS|DEBTORS:AMOUNTS|FALLING DUE WITHIN ONE YEAR|FALLING DUE WITHIN ONE YEAR|FALLING DUE WITHIN ONE YEAR||||
|---|---|---|---|---|---|---|---|---|
||||||||31,12,20|31.12.19|
||||||||f|f|
||Trade debtors||||||8,203|9,210|
||Prepayments
and accrued income||||||14,179||
||||||||22,382|9,210|
|13.|CREDITORS: AMOUNTS
FALLING DUE|||WITHIN|ONE YEAR||||
||||||||31.12.20|31.12.19|
||||||||f||
||Trade creditors||||||9,291|2,666|
||Amounts
owed to group||undertakings||||14,008|64,494|
||Social security and other||taxes||||18,023|13,947|
||Other creditors||||||549|549|
||Deferred income||||||9,525|8,432|
||Accrued expenses||||||~12380|16,033|
||||||||63,776|~106 121|
|14.|ANALYSIS OF NET ASSETS BETWEEN|||FUNDS|||||
||||||||31.12,20|31,12,19|
||||||Unrestricted|Restricted|Total|Total|
||||||fund
F|fundsf|funds
f|funds
f|
||Fixed assets||||6,753|2,106,365|2,113,118|2,178,284|
||Current assets
Current
liabilities|||61,262
~63,776)|||61,262
~63,776)|96,778
~106121)|
|||||~4239||2,106,365|~2,110604|~2168,941|
|15.|MOVEMENT
IN FUNDS||||||||
||||||||Net||
||||||||movement|At|
|||||||At 1.1.20|in funds|31.12.20|
||||||||f|f|
||Unrestricted
funds||||||||
||General fund|||||3,731|508|4,239|
||Restricted funds||||||||
||Severn Centre Building|Fund||||2,165,210|(58,845)|2,106,365|
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||||||||Incoming|Resources|Movement|
|---|---|---|---|---|---|---|---|---|---|
||||||||resources|expended|in funds|
||||||||6|6|E|
|Unrestricted|funds|||||||||
|General
fund|||||||171,799|(171,291)|508|
|Restricted funds||||||||||
|Severn Centre||Building|Fund|||||$58,845)|~58,845)|
|||||||||58845|58,845|
|TOTAL FUNDS|||||||171,799|~230,136)|~58,337)|
|Comparatives||for movement|||in funds|||||
|||||||||Net||
|||||||||movement|At|
||||||||At 1.1.19|in funds|31.12.19|
||||||||f|f|f|
|Unrestricted|funds|||||||||
|General fund|||||||11,623|(7,892)|3,731|
|Restricted funds||||||||||
|Sevem Centre||Building|Fund||||2,224,056|(58,846)|2,165,210|
|TOTAL FUNDS||||||||||
|Comparative
net movement||||in|funds,|included|in the above are as follows:|||
||||||||Incoming|Resources|Movement|
||||||||resources|expended|in funds|
||||||||f|f||
|Unrestricted|funds|||||||||
|General fund|||||||238,049|(245,941)|(7,892)|
|Restricted funds||||||||||
|Severn Centre|Building||Fund|||||(58,846)|(58,846)|
|TOTAL FUNDS|||||||238,049|(304,787)|~66,738)|
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