# **REGISTERED COMPANY NUMBER: 07407883 (England and Wales) REGISTERED CHARITY NUMBER: 1142679** 

## **REPORT OF THE TRUSTEES AND** 

**UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2021** 

## **FOR** 

## **THE COOPERS EDGE TRUST** 

Andorran Limited 6 Manor Park Business Centre Mackenzie Way Cheltenham Gloucestershire GL51 9TX 



**THE COOPERS EDGE TRUST** 

## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2021** 

||**Page**|
|---|---|
|**Reference and Administrative Details**|1|
|**Report of the Trustees**|2 to  9|
|**Independent Examiner's Report**|10|
|**Statement of Financial Activities**|11|
|**Statement of Financial Position**|12|
|**Notes to the Financial Statements**|13 to  17|





## **THE COOPERS EDGE TRUST** 

## **REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 OCTOBER 2021** 

**TRUSTEES** 

Mrs K Folker A P Shackell Mrs K Driver Mrs K J Renton (appointed 8.11.21) D A Bentley (appointed 20.9.21) G Evans (appointed 9.6.21) M J Sargeant (appointed 25.5.21) K A Smith (appointed 5.2.21) 

## **REGISTERED OFFICE** 

Coopers Edge School Typhoon Way Brockworth Gloucester Gloucestershire GL3 4DY 

**REGISTERED COMPANY NUMBER** 07407883 (England and Wales) 

**REGISTERED CHARITY NUMBER** 1142679 

## **INDEPENDENT EXAMINER** 

Andorran Limited 6 Manor Park Business Centre Mackenzie Way Cheltenham Gloucestershire GL51 9TX 

Page 1 



## **THE COOPERS EDGE TRUST** 

## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 OCTOBER 2021** 

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 October 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). 

## **OBJECTIVES AND ACTIVITIES** 

## **Objectives and aims** 

The charity's objects, as defined in its Articles of Association, are to advance the education of the pupils at Coopers Edge School, it being acknowledged that, in carrying out the Objects, the company must have regard to its obligation to promote community cohesion under the Education Acts. 

The Coopers Edge Trust is a community-led organisation, which operates the new primary school in Coopers Edge. The organisation was formed as a result of a successful proposal from the Community Edge Community Group and the Robinswood Trust. 

The trust aims to provide all members of the Coopers Edge community with opportunities to achieve their full potential. We want to provide all residents, regardless of their social background, with the opportunity to: 

- be healthy; 

- live in a safe community; 

- enjoy and achieve, through training and education available to all ages; 

- make a positive contribution to the community; and 

- achieve economic wellbeing. 

## **Significant activities** 

The main areas of charitable activity can be broken down into four key streams: 

- community organising; 

- financial stability of residents; 

- development of health and well-being services; and 

- improved community engagement. 

As a new neighbourhood there are currently very low levels of social capital, so the charity's immediate activities are focused on creating opportunities to strengthen pro-social relationships between neighbours, whilst improving access to local services. Through community organising the Trust will promote resilience across the community by improving access to services and strengthening ties between friends, families and neighbours. 

With 30% of social housing on the development, the Trust's intention is to provide workshops and services to help people improve in this area and to give them the skills and confidence to improve their chances of employment. This work stream also extends to promoting and distributing seed funding for social enterprise. By offering residents pump prime funding and training in starting up businesses, the Trust hopes to encourage the growth of social enterprises, thus contributing to employment and neighbourhood prosperity. 

The provision of health and well-being services includes workshops for a range of child care issues. Furthermore, the trustees recognise the role sport can play in bringing people together, so this work stream will also create opportunities for people of all ages to participate in sport and fitness activities. 

## **Public benefit** 

In planning the charity's activities for the period the trustees kept in mind the Charity Commission's guidance on public benefit. The focus of the charity's activities during the period, which explains the delivery by the charity of public benefit, is set out below under 'Achievement and performance' and above under 'Objectives and aims'. 

Page 2 



## **THE COOPERS EDGE TRUST** 

## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 OCTOBER 2021** 

## **ACHIEVEMENT AND PERFORMANCE** 

## **Charitable activities** 

During the year 20-21 , there was continued development for The Coopers Edge Trust, as we continued to build on the work done in previous years and continued our focus on the Community Centre as a hub for the community.  As we moved into year six we focused on trying to achieve financial stability for the centre and increase participation and usage for all the target groups of the charity. 

We are particularly proud that the centre has continued to strengthen its ties with its existing community user base and is now used by an ever growing section of the community. 

This year was a difficult year due to the ongoing pandemic.  We were closed due to government regulation in November 2020 and after briefly reopening in December 2020, we remained closed until May 2021.  At this point we opened on a partial basis before resuming full opening in September 2021. As such the period covered in this report is anomalous to our plans or expectations. 

We hoped for a period of recovery in 20-21, following the restrictions and challenges of 19-20.  Whilst this was the case toward the end of the year, the continuing pandemic meant this growth was curtailed.  The performance in October 21 suggests we are returning to March 2020 levels of usage and income and as such the 21-22 financial year looks promising. 

What we achieved during 2020-2021: 

- continued to operate the community centre when appropriate (see Community Centre Annual Report below) 

- - completed the sixth year of activities in the centre 

- supported growth and development of the community 

- continued to support the growth and development of Coopers Edge School 

An area that we all wish to improve is the reach to community members who are childless or have adult children. These are the demographics who are currently under served by the centre. 

## **Community Centre Annual Report** 

The sixth year running the community centre has been a challenging year, with unforeseen challenges brought on by the continuing pandemic. 

Page 3 



## **THE COOPERS EDGE TRUST** 

## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 OCTOBER 2021** 

## **ACHIEVEMENTS AND PERFORMANCE (Continued) Charitable activities (Continued)** 

## **Utilisation / usage** 


**----- Start of picture text -----**<br>
Utilisation November 2020- October 2021<br>350.00<br>300.00<br>250.00<br>200.00<br>150.00<br>100.00<br>50.00<br>0.00<br>Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct<br>Meeting Room 1 (Hard Floor) Meeting Room 2 (Carpet) Sports Hall The Cafe Area Other<br>**----- End of picture text -----**<br>


The above graph shows the room utilisation in hours of the community centre between November 2020 to October 2021. The centre was closed for most of November due to lockdown and then was only able to be used by a local church during January to March.We reopened on reduced hours in May but reduced these further in August, as historically this is our quietest time. When we reopened in September we were back to pre-Covid levels but due to structural issues we had to close the Sports Hall in October, which impacted the usage of this space. 

Page 4 



## **THE COOPERS EDGE TRUST** 

## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 OCTOBER 2021** 

## **ACHIEVEMENTS AND PERFORMANCE (Continued) Charitable activities (Continued)** 

## **Utilisation / usage (Continued)** 


**----- Start of picture text -----**<br>
Variation in Individual Room Usage<br>19-20 and 20-21<br>November<br>January<br>March<br>May<br>July<br>September<br>-400 -300 -200 -100 0 100 200 300<br>Change in Usage Hours<br>Meeting Room 1 Meeting Room 2 Sports Hall<br>Month<br>**----- End of picture text -----**<br>



**----- Start of picture text -----**<br>
Overall Change in Total Usage between 19-20<br>and 20-21<br>300<br>200<br>100<br>0<br>Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct<br>-100<br>-200<br>-300<br>-400<br>**----- End of picture text -----**<br>


The above 2 graphs show how usage has changed since 19-20 but due to continuing Covid effects and structural issues in October the only month across both years which is comparable is September. As can be seen above September 2021 increased usage levels in all spaces. This shows a reassuring bounce back from the pandemic. 

Page 5 



## **THE COOPERS EDGE TRUST** 

## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 OCTOBER 2021** 

## **ACHIEVEMENTS AND PERFORMANCE (Continued) Charitable activities (Continued)** 

## **Income and outgoings** 


**----- Start of picture text -----**<br>
Past 5 years Income,Outgoings and Profit/Loss<br>£150,000<br>£100,000<br>£50,000<br>£0<br>16-17 17-18 18-19 19-20 20-21<br>-£50,000<br>Income Outgoings Profit/Loss<br>**----- End of picture text -----**<br>


Whilst we have not had a profitable year, this was predominantly due to disruption caused by Covid restrictions and a decrease in income as government Covid support reduced. If the Sports Hall had not been out of commission in October, we would have expected to have made a small profit for the year. 


**----- Start of picture text -----**<br>
20000<br>Income, Expenditure and Profit/Loss November 2020<br>to October 2021<br>10000<br>0<br>Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct<br>-10000<br>-20000<br>Series1 Series2 Series3 Linear (Series3)<br>Axis Title<br>**----- End of picture text -----**<br>


Due to the differing situation from month to month, (with regards to restrictions, government funded support and operational considerations), it is difficult to provide a succinct explanation of the above graph as a whole. 

However we can say the following to add context: 

- February and March's increase in income was predominately due to local parish and district council grants. 

- - May's large increase in income was due to a Government Restart Grant. 

- September's increase in income as compared to June to August was due to being fully open, as opposed to previously restricted/reduced hours of operation. 

- October's decrease in income was due to the Hall being out of action which decreased hire takings and had a knock on effect for cafe sales. 

The trend in profit/loss over this period is ever so slightly trending down. 

Page 6 



## **THE COOPERS EDGE TRUST** 

## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 OCTOBER 2021** 

## **ACHIEVEMENTS AND PERFORMANCE (Continued) Charitable activities (Continued)** 

## **Percentage of use by room** 


**----- Start of picture text -----**<br>
Percentage Usage by Room 2020-2021<br>Meeting Room 1 (Hard Floor) Meeting Room 2 (Carpet) Sports Hall<br>**----- End of picture text -----**<br>


The above shows clearly that the sports hall is still the main driver in terms of bookings with 62% of the bookings. The two meeting rooms only account for 15% and 23% of the bookings. 

Due to a saturated level of hires in the evening in the Sports Hall, it is very difficult for hirers to find additional time to book in the evening. As such we are continuing to promote daytime bookings in the Sports Hall and are looking at other uses for the Meeting Rooms, in order to increase their usage. 

## **FINANCIAL REVIEW** 

## **Financial position** 

The results for the period are shown in the attached financial statements. 

Due to a lack of available funding to bid for and the more complex youth work requirements in Coopers Edge no additional youth work has been undertaken this year. We hope to be able to establish provision in the new community centre in partnership with local councils to ease the financial burden on the trust. 

## **Reserves policy** 

The Trustee Board has agreed that £10,000 of reserves should be held to support the next years planned activities. The Board consider that the Trust's reserves at 31 October 2019 are adequate. 

## **Financial relationship with Coopers Edge School** 

For the purposes of clarity these financial statements do not record any transactions of Coopers Edge School, as the charity is not presently responsible for the running of the school. 

Page 7 



## **THE COOPERS EDGE TRUST** 

## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 OCTOBER 2021** 

## **FUTURE DEVELOPMENTS** 

What we hope to achieve in the next financial year: 

- move the cafe and centre into profit; 

- look into grant funding for events and day to day running; 

- review the first 5 years operation of the community centre to consider how we take this operation forward; 

- build relationships with Upton St Leonards and Hucclecote Parish Councils; 

- review the first 5 years operations of the community centre to consider how we take this operation forward; 

- - provide continuing support to the development of the new sports facilities and new allotment facilities being being built in the community; 

- work with Councils, developers and the community to ensure long term provision of  community facilities and services in Coopers Edge; 

- continue to support the growth and development of Coopers Edge School; 

- empower the local community to develop their own resources and resilience, in order to grow as individuals and a community. 

## **STRUCTURE, GOVERNANCE AND MANAGEMENT** 

## **Governing document** 

The charity is controlled by its governing document, the Articles of Association dated 14 October 2010, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. 

The Articles of Association have been amended by special resolutions on 19 June 2011 and 23 June 2011. 

## **Recruitment and appointment of new trustees** 

New trustees are appointed by their 'sponsoring' organisation (see below under 'organisational structure'). 

## **Organisational structure** 

Subject to any restrictions imposed by the Education Acts, membership of the Trust is open to any other individuals or organisations interested in promoting the Objects of the charity who: 

- are approved by the Trustees following the approval of the governing body of Coopers Edge Primary School; and 

- sign the register of members or consent in writing to become a member either personally or (in the case of an organisation) through an authorised representative. 

The trustees of the charity are also directors of the company and under the company's constitution are known as members of the Trustee Board. The number of Trustees cannot be less than two or more than twelve. 

The Trustee Board is currently made up of: 

- one Trustee appointed by the Robinswood Trust; 

- two Trustees appointed by the Coopers Edge Community Group; and 

- two Trustees appointed by the governing body of Coopers Edge Primary School. 

## **Induction and training of new trustees** 

Trustees have a wide range of public and private sector expertise, including education, financial and sales and management skills. Where trustee training needs are identified, appropriate courses are provided. 

## **Risk management** 

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. 

Page 8 



## **THE COOPERS EDGE TRUST** 

## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 OCTOBER 2021** 

## **STATEMENT OF TRUSTEES' RESPONSIBILITIES** 

The trustees (who are also the directors of The Coopers Edge Trust for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) including Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to 

- select suitable accounting policies and then apply them consistently; 

- observe the methods and principles in the Charity SORP; 

- make judgements and estimates that are reasonable and prudent; 

- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business. 

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. 

Approved by order of the board of trustees on 14 July 2022 and signed on its behalf by: 

....................................................................... A P Shackell - Trustee 

Page 9 



## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE COOPERS EDGE TRUST** 

## **Independent examiner's report to the trustees of The Coopers Edge Trust ('the Company')** 

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 October 2021. 

## **Responsibilities and basis of report** 

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). 

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act. 

## **Independent examiner's statement** 

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: 

1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 

3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or 

4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)). 

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. 

ROGER F DOWNES Andorran Limited 6 Manor Park Business Centre Mackenzie Way Cheltenham Gloucestershire GL51 9TX 

Date: 14 July 2022 

Page 10 



## **THE COOPERS EDGE TRUST** 

## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 OCTOBER 2021** 

|Unrestricted<br>fund<br>Notes<br>£<br>**INCOME AND ENDOWMENTS FROM**<br>**Charitable activities**<br>3<br>Charitable<br>62,508<br>Other trading activities<br>2<br>34,518<br>**Total**<br>97,026<br>**EXPENDITURE ON**<br>**Charitable activities**<br>4<br>Charitable<br>100,190<br>**NET INCOME/(EXPENDITURE)**<br>(3,164)<br>**RECONCILIATION OF FUNDS**<br>**Total funds brought forward**<br>33,039<br>**TOTAL FUNDS CARRIED FORWARD**<br>29,875|Restricted<br>funds<br>£<br>-<br>-<br>-<br>-<br>-<br>-<br>-|31.10.21<br>31.10.20<br>Total<br>Total<br>funds<br>funds<br>£<br>£<br>62,508<br>47,821<br>34,518<br>50,983<br>97,026<br>98,804<br>100,190<br>89,168<br>(3,164)<br>9,636<br>33,039<br>23,403<br>29,875<br>33,039|31.10.21<br>31.10.20<br>Total<br>Total<br>funds<br>funds<br>£<br>£<br>62,508<br>47,821<br>34,518<br>50,983<br>97,026<br>98,804<br>100,190<br>89,168<br>(3,164)<br>9,636<br>33,039<br>23,403<br>29,875<br>33,039|
|---|---|---|---|
||||98,804<br>89,168|
||||9,636<br>23,403|
||||33,039|



The notes form part of these financial statements 

Page 12 



## **THE COOPERS EDGE TRUST** 

## **STATEMENT OF FINANCIAL POSITION 31 OCTOBER 2021** 

|||||31.10.21|31.10.20|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||fund|funds|funds|funds|
||Notes|£|£|£|£|
|**CURRENT ASSETS**||||||
|Debtors|9|2,499|-|2,499|3,913|
|Cash at bank||51,801|-|51,801|40,448|
|||54,300|-|54,300|44,361|
|**CREDITORS**||||||
|Amounts falling due within one year|<br>10|(24,425)|-|(24,425)|(11,322)|
|**NET CURRENT ASSETS**||29,875|-|29,875|33,039|
|**TOTAL ASSETS LESS CURRENT**|**LIABILITIES**|29,875|-|29,875|33,039|
|**NET ASSETS**||29,875|-|29,875|33,039|
|**FUNDS**|11|||||
|Unrestricted funds||||29,875|33,039|
|**TOTAL FUNDS**||||29,875|33,039|



The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2021. 

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2021 in accordance with Section 476 of the Companies Act 2006. 

The trustees acknowledge their responsibilities for 

- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and 

- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. 

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. 

The financial statements were approved by the Board of Trustees and authorised for issue on 14 July 2022and were signed on its behalf by: 

The notes form part of these financial statements 

............................................. A P Shackell - Trustee 

Page 12 



## **THE COOPERS EDGE TRUST** 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2021** 

## **1. ACCOUNTING POLICIES** 

## **Basis of preparing the financial statements** 

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. 

## **Income** 

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. 

## **Expenditure** 

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. 

## **Taxation** 

The charity is exempt from corporation tax on its charitable activities. 

## **Fund accounting** 

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. 

Restricted funds can only be used for particular restricted purposes within the objects of the charity.  Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. 

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. 

## **2. OTHER TRADING ACTIVITIES** 

|**OTHER TRADING ACTIVITIES**|||
|---|---|---|
||31.10.21|31.10.20|
||£|£|
|Facility hire|18,306|21,823|
|Cafe income|16,212|29,160|
||34,518|50,983|



Page 13 

continued... 



## **THE COOPERS EDGE TRUST** 

## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2021** 

## **3. INCOME FROM CHARITABLE ACTIVITIES** 

|Activity<br>Grants<br>Charitable<br>Grants received, included in the above, are as follows:<br>The National Endowment for Science Technology and the Arts<br>Stroud District Council<br>Sports England - COVID Finance<br>Coronavirus Job Retention Scheme Grant<br>Stroud District Council - Covid Business Support Grant<br>Room Hire Grant<br>**4.**<br>**CHARITABLE ACTIVITIES COSTS**<br>Charitable<br>**5.**<br>**DIRECT COSTS OF CHARITABLE ACTIVITIES**<br>Bought in Services<br>Sundries<br>Insurance<br>Advertising and marketing inc website<br>Cleaning<br>IT software and consumables<br>Repairs and maintenance<br>Light and heat<br>Telephone and TV costs<br>Water rates<br>Cafe expenses<br>Community engagement costs|Direct<br>Costs (see<br>note 5)<br>£<br>99,264|31.10.21<br>£<br>62,508<br>31.10.21<br>£<br>7,000<br>28,750<br>-<br>19,244<br>-<br>4,727<br>59,721<br>Support<br>costs (see<br>note 6)<br>£<br>926<br>31.10.21<br>£<br>43,087<br>1,333<br>919<br>500<br>822<br>279<br>7,119<br>5,956<br>1,433<br>226<br>35,715<br>1,875<br>99,264|31.10.20<br>£<br>47,821<br>31.10.20<br>£<br>-<br>12,000<br>3,462<br>7,359<br>25,000<br>-<br>47,821<br>Totals<br>£<br>100,190<br>31.10.20<br>£<br>40,469<br>2,730<br>875<br>180<br>2,122<br>702<br>3,454<br>5,872<br>1,169<br>799<br>29,943<br>-<br>88,315|
|---|---|---|---|



Page 14 

continued... 



## **THE COOPERS EDGE TRUST** 

## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2021** 

## **6. SUPPORT COSTS** 

|**SUPPORT COSTS**||
|---|---|
||Governance|
||costs|
||£|
|Charitable|926|



## **7. TRUSTEES' REMUNERATION AND BENEFITS** 

There were no trustees' remuneration or other benefits for the year ended 31 October 2021 nor for the year ended 31 October 2020. 

## **Trustees' expenses** 

There were no  trustees' expenses paid for the year ended 31 October 2021 nor for the year ended 31 October 2020. 

## **8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES** 

|Unrestricted<br>Restricted<br>fund<br>funds<br>£<br>£<br>**INCOME AND ENDOWMENTS FROM**<br>**Charitable activities**<br>Charitable<br>47,821<br>-<br>Other trading activities<br>50,983<br>-<br>**Total**<br>98,804<br>-<br>**EXPENDITURE ON**<br>**Charitable activities**<br>Charitable<br>89,168<br>-<br>**NET INCOME**<br>9,636<br>-<br>**RECONCILIATION OF FUNDS**<br>**Total funds brought forward**<br>23,403<br>-<br>**TOTAL FUNDS CARRIED FORWARD**<br>33,039<br>-|Total<br>funds<br>£<br>47,821<br>50,983|
|---|---|
||98,804<br>89,168|
||9,636<br>23,403|
||33,039|



Page 15 

continued... 



## **THE COOPERS EDGE TRUST** 

## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2021** 

|**9.**<br>**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**<br>Debtors<br>**10.**<br>**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**<br>Other creditors<br>Creditors<br>**11.**<br>**MOVEMENT IN FUNDS**<br>**Unrestricted funds**<br>General fund<br>**TOTAL FUNDS**<br>Net movement in funds, included in the above are as follows:<br>**Unrestricted funds**<br>General fund<br>**TOTAL FUNDS**|31.10.21<br>31.10.20<br>£<br>£<br>2,499<br>3,913<br>31.10.21<br>31.10.20<br>£<br>£<br>14,773<br>-<br>9,652<br>11,322<br>24,425<br>11,322<br>Net<br>At<br>movement<br>At<br>1.11.20<br>in funds<br>31.10.21<br>£<br>£<br>£<br>33,039<br>(3,164)<br>29,875<br>33,039<br>(3,164)<br>29,875<br>Incoming<br>Resources<br>Movement<br>resources<br>expended<br>in funds<br>£<br>£<br>£<br>97,026<br>(100,190)<br>(3,164)<br>97,026<br>(100,190)<br>(3,164)|
|---|---|



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continued... 



## **THE COOPERS EDGE TRUST** 

## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 OCTOBER 2021** 

## **11. MOVEMENT IN FUNDS - continued** 

## **Comparatives for movement in funds** 

|||Net||
|---|---|---|---|
||At|movement|At|
||1.11.19|in funds|31.10.20|
||£|£|£|
|**Unrestricted funds**||||
|General fund|23,403|9,636|33,039|
|**TOTAL FUNDS**|23,403|9,636|33,039|
|Comparative net movement in funds, included in the above are as follows:||||
||Incoming|Resources|Movement|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|98,804|(89,168)|9,636|
|**TOTAL FUNDS**|98,804|(89,168)|9,636|



## **12. RELATED PARTY DISCLOSURES** 

There were no related party transactions for the year ended 31 October 2020. 

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