| PAGE | ||||||
|---|---|---|---|---|---|---|
| Trustees' annual report Oncorpomgng |
the | directors mport) | ||||
| Independent | auditors | report to the | membem | |||
| Salament of | rrnandal | adivies (induding | income aml expenditure | account) | ||
| Satement of | llnandal | prsdtton | ||||
| Notes to the | llnandal | statements |
| Year ended 31March 2021 | |||||
|---|---|---|---|---|---|
| 2021 Un~ |
2020 | ||||
| Nots | hinds f |
Total funds f |
Totalfunds f |
||
| Income and endowments | |||||
| Donations and legades Charitabh acbviiies Investment income |
1,115,833 30,00D 24 |
1,115,833 30,000 24 |
883,500 24 |
||
| Totalincome | 1,145,857 | 1)145457 | 883,524 | ||
| Expendltnw | |||||
| Expenditure cn chariiabie srtivtDSS |
8)g | 1,202,261 | 1,202,261 | 877,245 | |
| Total expendltuw | 1)202)261 | 1,202,261 | 877,245 | ||
| Nst losses on I sbllssis |
11 | (53)097) | (53)D97) | (15)000) | |
| Net expendltuw and net movement |
in funds | (109)501) | (109,501) | (8,721) | |
| Reconcabsthm offunds | |||||
| Tohi funds brought forward | 900,090 | 900,090 | 908,811 | ||
| Total funds carried forward | 790„)I89 | 790,589 | 900)090 |
| 31March 2021 | ||||
|---|---|---|---|---|
| 2021 | 2020 | |||
| Note | 9 | F. | ||
| FIXEDASSETS | ||||
| Tangible loud assels Mixed moths Invesbaents |
17 18 |
29,249 111,903 |
5,579 135,000 |
|
| 141,152 | 140,579 | |||
| CURRENT ASSETS | ||||
| Debase | 19 | 252,689 | 1,238 | |
| Cash at bank and in hand | 694,379 | 1377,739 | ||
| 947,068 | 4278877 | |||
| CREDITORS: amounts | falling due wRhin one year | 28 | 297,631 | 519,466 |
| NET CURREttT ASSETS | 649,437 | 759,511 | ||
| 790,589 | 900,090 | |||
| 790,589 | 900,090 | |||
| FUNDS OFTHE CHARITY | ||||
| Unresblded funds |
790,589 | 900,090 | ||
| Total charity fumls | 22 | 790,589 | 900,090 |
| STATEMENT OF CASH FLOWS Year ended 31Match 2021 |
||
|---|---|---|
| 2021 | 2020 | |
| 6 | 8 | |
| CASH FLOWS FROfe OPERATINS ACIVIIIES | ||
| Net expenditure | (109,501) | (8,721) |
| Ar//crsfrnenfslae | ||
| Deprechtkm oftangIble fixed assets Net bases on Investments |
3,868 53,097 |
3,826 15,000 |
| Other interest receivable and similar Inmme Lass on disposal ofhedtage assets |
(24) 476 |
(24) 471 |
| Accrued (Inmme)/expenses | (284,121) | 505,607 |
| C?rare/sr Inr | ||
| Trade and ether debtors | (451) | 14 |
| Trade and ether crelhers | (218,714) | 2,058 |
| Cash generated fiom operations |
(555,370) | 518,231 |
| Interest reaelved | 24 | 24 |
| Net cash (used in)/from operagng acSvitkn |
(555,346) | 518,255 |
| CASH FLOWS FROM INVESTINS ACIIVZIIES | ||
| Purchase oftangible assels | (28,014) | (3,616) |
| Net cash used in invesgng activiTies |
(28,014) | (3,616) |
| NEf (DECREASE/INCREASE IN CASH AND CASH EQUIVALENTS | (583,360) | 514,639 |
| CASH AND CASH EQUIVALENTS AT SEGINNINS OFYEAR | 2,277,739 | ?63,100 |
| CASH AND CASH EQSIVALEIITS AT END OFYEAR | 694,379 | 1,277,739 |
| DONAlIONS AND LEGACIES |
|||||
|---|---|---|---|---|---|
| Unrestrldsd | Total Funds | Unresbkted | Tobsi Funds | ||
| Funds I |
2021 | Funds f |
2020 I |
||
| DONAlIONS | |||||
| Donadons | 882400 | 882g00 | 883,500 | ||
| Donations - Alaohy Cyber | 233433 | 233833 | |||
| 1,115+33 | 1,115' | 883,500 | 883,500 | ||
| CHARITABLE AC IVITIES | |||||
| Unresbkted | Total Funds | Unesttkted | Total Funds | ||
| Funds | 2021 | Funds | 2020 | ||
| E | 6 | f | 8 | ||
| Other income from charitable scbvshw | 30R00 | 30,000 | |||
| INVESTIEENT INCOME | |||||
| Un | strktsd | TotalFunds | UnresWcted | TotalFunds | |
| Funds I |
2021 | Funds I |
2020 8 |
||
| Bank interest receivable | 24 | 24 | 24 | 14 |
| 2021 f |
2020 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Fees payabie for the audit | ofthe | iinandal | slatemenis | 4,300 | |||||
| 14. | INDEPENDENT EEANINATION | FEES | |||||||
| 2021 f |
2020 E |
||||||||
| Fees payable tothe independent | examiner | for: | |||||||
| Independent examinagon |
ofthe | Enandal | statumems | 750 | |||||
| Other assuranae ssvlaes | 2,750 | ||||||||
| 3,500 | |||||||||
| 15. | Sl'AFFCOSTS | ||||||||
| The total slaF austs and employee | benehts for | the reporting | pened are analysed as follows: | ||||||
| Wages and salaries | 2021 f 336~ |
2020 f 216,923 |
|||||||
| Sodai secudty nests | 29,760 | 20,093 | |||||||
| 366,583 | 237,016 | ||||||||
| The average head roust afemptoyem | during | the year was | 6(2020:5).The average number of full- | ||||||
| Erne equivalent employees |
during | the | year is analysed as fogaws: | ||||||
| 2021 | 2020 | ||||||||
| Na | No. | ||||||||
| Number afstaff - management | 4 | 3 | |||||||
| Number ofstaff - admlnisbagve | 2 | 1 | |||||||
| 6 | |||||||||
| Am number afemtaoyees | whose | mmunerauon | for the year | fell whhin the folbwlng bands, |
were: | ||||
| 2021 | 2020 | ||||||||
| f60,000to569,999 | Na 1 |
No. | |||||||
| f90,000to 599,999 | 1 | I | |||||||
| 2 | 1 |
| TArleIBlE FlXEDASSETS | |||
|---|---|---|---|
| Fsdams snd | |||
| Erbngs | Enolpment | Total | |
| 6 | 8 | ||
| Cost | |||
| At 1Apr6 2020 | 6g50 | 41,179 | 47,229 |
| Addidons | 8,759 | 19,256 | 28,015 |
| Dlspossls | (1490) | (22474) | (24I464) |
| At31North 2021 | 13+19 | 37,%1 | 50,780 |
| Deplachrtlon | |||
| At 1Apdl 2020 | 2,508 | 39,142 | 41I650 |
| Chsr9e for Ihe year | 1,381 | 2,486 | 3(867 |
| Qspossls | (1,588) | (22,398) | (23,986) |
| At31March 2021 | 2,301 | 19,230 | 21,531 |
| Cenyla9 amount | |||
| At 31Narch 2021 | 10,918 | 18,331 | 29,249 |
| At 31March 2020 | 3,542 | 2,037 | 5,579 |
| Spin.off | |||
|---|---|---|---|
| Investments | |||
| E | |||
| Cost | |||
| At 1April 2020 | 150,000 | ||
| AddiEons | 30,000 | ||
| At31Narch 2021 | 180,000 | ||
| Impairment | |||
| At 1Apdl 2020 | (15,MO) | ||
| Impairment losses |
(53,097) | ||
| At31Narch 2021 | (68,097) | ||
| Cerryfa9 alrlollll't At31Narch 2021 |
111,903 | ||
| DEBTORS | |||
| 2021 | 2020 | ||
| E | E | ||
| Prepsymenis snd smued |
income | 252,689 | 1,238 |
| 20. | CREDITORR amoun | ts fnging due wahln one ye | ar | |
|---|---|---|---|---|
| 2021 f. |
2020 f |
|||
| Trade creditors | 13,251 | |||
| Amuals and defmred | income | 274,131 | 510,585 | |
| Social security snd other taxes | 10,249 | 8,881 | ||
| 297,631 | 519I466 | |||
| 21. | DEFERRED INCOME | |||
| AtIApril 2020 | 2021 f 500,000 |
2020 fi |
||
| Amount rekwsed to inmme | (233,333) | |||
| Amount defened in year |
500,000 | |||
| At31Manch 2021 | 266,667 | 500,000 |
| trnrestitctnd | funds | |||||
|---|---|---|---|---|---|---|
| At1 | Gains and | At 31 | ||||
| April 2020 f |
Income E |
Expendituref | hoses f |
March 2021 f |
||
| 900,090 | 1,1%5,857 | (1,202,261) | (53,097) | 790,589 | ||
| At 1 | Gains and | At 31 | ||||
| April 2019 f |
Inmmef | Expendituref | losses E |
March 2020 f |
||
| 9OSPZI | 883,524 | (877,245) | (15,000) | 900,090 |
| Yea 23. |
r ended 31Mattch 2021 ANALYStS OFNETABETSBETSSEEN FUNDS |
|||
|---|---|---|---|---|
| Unrestricted | Total Funds | |||
| Funds f |
2021 f |
|||
| Tangible (bard assets | 29,249 | 29,249 | ||
| Invesbnenls | 111,903 | 111,903 | ||
| Current assets | 947,068 | 947,068 | ||
| Qeditols less than 1year | (297,631) | (297,631) | ||
| Net assets | 790,589 | 790,589 | ||
| Ursesbkasd | TolalFunds | |||
| Funds f |
2020 | |||
| Tangible tbred assets blvesbnents |
5,579 135~ |
5,579 135,MO |
||
| Qrrrent assets | 1,278,976 | 1,278,976 | ||
| Qedlturs less than 1year | (519,465) | (519,465) | ||
| Net assela | 900,090 | 900,090 | ||
| 24. | ANAlYSIS OFCHANGES IN NET DEBT | |||
| Al31 | ||||
| At 1Apr 2020 f |
Cash forrs f |
Star 2021 6 |
||
| Qrsh at bank and in hand | 1,277,739 | (583,360) | 694,379 |