2021-07-31-accounts

	Pages
Trustees' AnnualReport
Statement of Financial Activities
Balance Sheet
Notes to the Accounts
Detailed Statement of Financial Activities	12

for the year	ended	31July 20	21
				Unrestricted	Restricted
				funds	funds	Total funds
				2021	2021	2021
			Notes	f
Income and	endowments
from:
Donations	and legacies			36,423	54,435	90,858
Total				36,423	54,435	90,858
Expenditure	on:
Charitable	activities			1,000	25,164	26,164
Other				13,001	35,140	48,141
Total				14,001	60,304	74,305
Net gains on	investments
Net income				22,422	(5,869)	16,553
Transfers between		funds
Net income	before	other
gains/(losses)				22,422	(5,869)	16,553
Other gains	and losses
Net movement in funds				22,422	(5,869)	16,553
Reconciliation offunds:
Total funds brought		forward		50,046		50,046
Total funds carried		forward		72,468	(5,869)	66,599

Ihe Wlndmllls Foundation Batsnte Sheei al 31 ￿lY 2021 Chartty No. 1141SXXI Curreni assets h ai baftk afid in hand 67x6 61226 (62n credito￿ Amount lathry due one year Nel curreni wets Total ayAts less ¢UfrMI liab￿ll•eS Nei assets L%cluOinu penwn assei or Ilabitsty Toial Thei awts 66.599 66.599 66.599 The furtds ot the Ghathy Rellr￿e¢j funds Restrfctco income lur 15W) {5M) Unrtstrtcted lund$ Gener¥ fuf*ts O¢sigr￿1•d tunés 50.046 2?.4 Rese(¥es Total tunds 66599 Approved by the tntstees on 31 ajfv 2￿7 Ano swar￿d on ih beh¥1 by: P. Wakelleld Trustee 31 Juty 2Lf27

Recognition		of	Expenditure is recognised on an accruals basis. Expenditure includes	Expenditure is recognised on an accruals basis. Expenditure includes	Expenditure is recognised on an accruals basis. Expenditure includes	any VAT which
expenditure			cannot be fully recovered, and is reported as part ofthe expenditure			to which it
			relates.
Expenditure		on	These comprise the costs associated with attracting	voluntary	income, fundraising
raising funds			trading costs and investment management costs.
Expenditure		on	These comprise the costs incurred by the Charity in the delivery of its			activities and
charitable	activities		services in the furtherance of its objects, including	the making	ofgrants and
			governance costs.
Grants payable			All grant expenditure is accounted for on an actual	paid basis	plus an	accrual for
			grants that have been approved by the trustees at	the end of	the year but not yet
			pa Id.
Governance		costs	These include those costs associated with meeting	the constitutional		and statutory
			requirements of the Charity, including any audit/independent		examination fees,
			costs linked to the strategic management of the Charity, together with a share of
			other administration costs.
Other expenditure			These are support costs not allocated to a particular	activity.

3	Expenditure	on charita	ble activities
				Unrestricted	Restricted	Total
						2021
	Expenditure	on charitable
	activities
	Learning Resources			1,000	22,664	23,664
	Programme	Mentoring			2,500	2,500
	Governance	costs
				1,000	25,164	26,164
4	Other expenditure
				Unrestricted	Restricted	Total
						2021
	Employee costs			11,222	30,563	41,785
	Motor and travel costs				18	18
	General administrative		costs	1,299	4,259	5,558
	Lega I and profess iona I		costs	480	300	780
				13,001	35,140	48,141
5	Staff costs
					2021
	Salaries and	wages			41,524
	Pension costs				261
					41,785
	No employee	received	emoluments	in excess off60,000.
6	Creditors:
	amounts falling due within one year
					2021
					E
	Other taxes and social		security		546
	Other creditors				81
					627

Movement	in funds
			Incoming
			resources
			(including	Resources	At 31July
			other	expended	2021
		At 1August	gains/losses
		2020	)
			f
Restricted funds:
Restricted income funds:
Lottery Grants			54,435	(60,304)	(5,869)
Total			54,435	(60,304)	(5,869)
Unrestricted	funds:
General funds		50,046			50,046
Designated	funds:
			36,423	(14,001)	22,422
Total			36,423	(14,001)	22,422
Total funds		50,046	90,858	(74,305)	66,599

8	Analysis of ne	t assets between funds
			Unrestricted
				Total
			funds
			f	f
	Net current assets		66,599	66,599
			66,599	66,599
9	Reconciliation	ofnet debt
				At 31July
			Cash flows	2021
			f	f
	Cash and cash	equivalents	67,226	67,226
			67,226	67,226
	Net debt		67,226	67,226

Annual co	mmitments under non-cancellable	operating leases are	as follows:
		2021	2021
		Land and
			Other
		buildings
		f
Operating	leases with expiry date:
Pension commitments
			2021
			f
The pension cost charge to the charity
amounted	to:		261

				Unrestricte	Restricted
				d funds	funds	Total funds
				2021	2021	2021
				f	f	E
Income and endowments			from:
Donations and legacies
Grants 5 Donations				36,423	54,435	90,858
				36,423	54,435	90,858
Total income and endowments				36,423	54,435	90,858
Expenditure on:
Charitable activities
Learning Resources				1,000	22,664	23,664
Programme Mentoring					2,500	2,500
				1,000	25,164	26,164
Total ofexpenditure on activities		charitable		1,000	25,164	26,164
Employee costs
Salaries/wages				11,187	30,337	41,524
Pension costs				35	226	261
				11,222	30,563	41,785
Motor and travel costs
Travel and subsistence					18	18
					18	18
General administrative		costs,
including depreciation		and
amortisation
Bank charges				119		119
General insurances					27	27
Information and publications				1,180	700	1,880
Software, ITsupport costs	and		related		3,438	3,438
Stationery and printing					50	50
Telephone, fax and broadband					44	44
				1,299	4,259	5,558
Legal and professional	costs
Accountancy and bookkeeping				480	300	780
				480	300	780
Total ofexpenditure of	other costs			13,001	35,140	48,141
Total expenditure				14,001	60,304	74,305
Net gains on investments
Net income				22,422	(5,869)	16,553

The Windmills Foun Detailed Statement	dation of Financial Activities
Net income before	other
gains/(losses)		22,422	(5,869)	16,553
Other Gains
Net movement in funds		22,422	(5,869)	16,553
Reconciliation offunds:
Total funds brought	forward	50,046		50,046
Total funds carried	forward	72,468	(5,869)	66,599