||||Pages||
|---|---|---|---|---|
|Trustees' Annual
Report|||2to5||
|Independent
Examiner's|Report||||
|statement ofFinancial Activities|||||
|Summary
Income and Expenditure||Account|||
|Balance Sheet|||||
|Statement ofCash flows||||10|
|Notes tothe Accounts|||11to|20|
|Detailed Statement of FinanCial Activities|||21to|22|
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||Notes|Unrestricted|Restricted|Total|Total Funds|
|---|---|---|---|---|---|
|||Funds|Funds|Funds||
|||2021|2021|2021|2020|
|||E|f||E|
|Income and endowments||||||
|frorm||||||
|Donations and legacies|4|91,178|47,309|138,487|92,203|
|Charitable activities|5|75,655||7S,655|182,882|
|Investments||||||
|6overnment
Assistance|6|65,140||65,140||
|Totah||231,973|47,309|279,282|275,085|
|Expenditure
on:||||||
|Charitable
activities|7|176,235|30,298|206,533|266,834|
|Other|8|26,066||26,066|59,822|
|Total:||202,301|30,298|232,599|326,656|
|Net gain on investments||||||
|Net income/(expenditure)
Transfers between
funds|9|29,672
~6,486)|17,011
6,486||(51,571)|
|Net income/(expenditure)||||||
|before other gains/(losses)||23,186|23,497|46,683|(51,571)|
|Other gains and losses||||||
|Net movement
in funds||23,186|23,497|46,683|(51,571)|
|Reconciliation offunds:||||||
|Total funds brought forward||67,038|3,950|70,988|122,559|
|Total funds carried forward||90,224|27,447|117,671|70,988|
##
||||||2021|2020|
|---|---|---|---|---|---|---|
||||||6|6|
|InCome|||||279,282|275,085|
|Interest and|investment||income||||
|Gross Income for||the year|||279,282|275,085|
|Expenditure|||||231,630|325,639|
|Depreciation|and|charges||for|||
|Impairment|offixed assets||||969|1,017|
|yotal expenditure||forthe||year|232,599|326,656|
|Net income/(expenditure)||||before tax forthe year|46,683|(51,571)|
|Net (ncome/(expenditure)||||forthe year|46,683|(51,571)|
##
|Company
No:07413040|Notes|2021|2020|
|---|---|---|---|
|||f|f|
|Fixed Assets||||
|Tangible assets|12|1 206|1,462|
|||1,206|1,462|
|Current Assets||||
|Debtors|13|28,459|20,738|
|Cash at bank and in hand||99,158|60401|
|||127,617|81,239|
|Creditors
Amounts fa!ling due within one year|14|~(22,252|~22,725|
|Net current assets||116,465|69,526|
|Total assets less currerrt liabilities||117,671|70888|
|Total Net Assets||117,671|70,988|
|The funds ofthe charity||||
|Restricted funds||||
|Restricted Income Funds||27,447|3,950|
|Unrestrfrted
Funds||||
|General funds||90,224|67,038|
|Total Funds||117,671|70,988|
##
|||2021|2020|
|---|---|---|---|
||||6|
|Cash flows from operating|actlvNes|||
|Net hxeme/(expenditure)|per Statement ofFinancial Activities|46,683|(51,571)|
|Adjustments
for:||||
|Depredation
ofproperty,
plant and equipment||969|1,017|
|Other gains/losses||||
|Decrease/(Increase)
in|trade and other receivables|(7,721)|13,472|
|(Decrease)/Increase
in|trade and other payables|(561)|(10,003)|
|Net cash used in operating|activities|39,370|(47,085)|
|Cash flows from investing|activities|||
|Payments
for property,|plant and equipment|(713)|(100)|
|Net cash used In investing|activities|(713)|(100)|
|Net cash from Rounding activities||||
|Net decrease Incash and cash equivalents||38,657|(47,185)|
|Cash and cash equivalents|attha beginning ofthe year|60,501|107,686|
|Cash and cash equhralents|atthe end ofthe year|99,158|60,501|
|Components
ofcash and cash equivalents||||
|Cash and bank balances||99,158|60,501|
|||99,158|60,501|
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|last year and no cha|last year and no cha|nges have been made to accounts for previous years.||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|Fund accounting||||||||||||
|Unrestricted|funds|These are available for use at the discretion ofthe trustees
in furtherance|||||||ofthe|||
|||general objects ofthe charity.||||||||||
|Designated|funds|These are unrestricted
funds earmarked
by the trustees||for partkular|||purposes.|||||
|Revaluation|funds|These are unrestricted
funds which indude a revaluation|||reserve|representing|||||the|
|||restatement
ofinvestment
assets at their market values,||||||||||
|Restricted funds||These are available for use subject to restrictions
imposed|||by the|donor||or|through|||
|||terms ofan appeal.||||||||||
|Income||||||||||||
|Recognltlon|of|Income isinduded
in the Statement ofFinancial Activities|||(SoFA)|when||the|charity|||
|income||becomes entitled to, and virtually
certain to receive, the||Income and the amount of||||||||
|||the income can be measured
with sufRclent reliability.||||||||||
|income with|related|Where income has related expenditure
the income and||related expenditure||||||is||
|expenditure||reported gross in the SoFA.||||||||||
|Donations and||Voluntary
income received by way ofgrants, donations|and gifts is included||||||in||the|
|legacies||the SoFAwhen receivable and
only when the Charity has|||unconditional|||||||
|||entitlement
tothe Income.||||||||||
|Tax reclaims|on|Income from tax reclaims
is Included
in the SoFAatthe|same time asthe|||||||||
|donations
and gifts||gift/donation
to which Itrelates.||||||||||
|Donated services||These are only included
in income (with an equivalent
amount
in expenditure)||||||||||
|and facilities||where the benefit tothe Charity
is reasonably
quantifiable,|||measurable|||and||||
|||material.||||||||||
|Volunteer
help||The value ofany volunteer
help received
isnot Incjuded||Inthe accounts.||||||||
|Investment
income||This is Induded
in the accounts when receivable.||||||||||
|Gains/(losses)|on|This includes any gain or loss resulting
from revaluing
investments||||to market||||value||
|revaluation
offixed||atthe end ofthe year.||||||||||
|assets||||||||||||
|Gains/(losses)|on|This includes any gain or loss on the sale ofinvestments.||||||||||
|investment
assets||||||||||||
|Expenditure|||||
|---|---|---|---|---|
|Recognition|of|Expenditure
Isrecognised
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 ofits|activities and|
|charitable activities||services in the furtherance
ofits 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 atthe end ofthe year but not yet|||
|||paid.|||
|Governance|costs|These include those costs associated with|meeting the constitutional|and statutory|
|||requirements
ofthe Charity,
Including
any audit/Independent
examination
fees,|||
|||costs linked tothe strategic management|ofthe Charity, together with a share of||
|||other administration
costs.|||
|Other expenditure||These are support costs not allocated to a particular act!vtty.|||
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##
|||||Unrestrkted|Restricted|Total|
|---|---|---|---|---|---|---|
|||||funds|Funds||
|||||2020|2020|2020|
|||||E|E|E|
|Income and endowments||from:|||||
|Donations and legacies||||41,473|50,730|92,203|
|Charitable
activities||||182,882||182,882|
|Investments|||||||
|total:||||224,355|50,730|275,085|
|Expenditure
on:|||||||
|Charitable
activities||||197,717|69,117|266,834|
|Other||||59,822||59,822|
|Total:||||257,539|69,117|326,656|
|Net gain on investments|||||||
|Net Income/(expenditure)||||(33,184)|(18,387)|(51,571)|
|Transfers
between
funds||||(22,337)|22,337||
|Net Income/(expenditure)||before other|gains/(losses)|(55,521)|3,950|(51,571)|
|Other gains end losses|||||||
|Net movement
In funds||||(55,521)|3,950|(51,571)|
|Recondllatlon
offunds:|||||||
|Total funds brought
forward||||122,559||122,559|
|Total funds carried forward||||67,038|3,950|70,988|
|4
Income from donations||and legades|||||
||||Unrestricted||Total|Total|
||||||2021|2020|
||||E||E|E|
|Donations
and legacies|||19,489|3,700|23,189|27,493|
|General Grants provided|by||||||
|Government/Other
Charities|||71,689|46,609|115298|64,710|
||||91,178|47,309|138,487|92,203|
|There is a change in nature ofthe income from Worcester|There is a change in nature ofthe income from Worcester|There is a change in nature ofthe income from Worcester|County Council, YE2020 onwards the contract|County Council, YE2020 onwards the contract|County Council, YE2020 onwards the contract|isa|
|---|---|---|---|---|---|---|
|contract for|services charged|at afixed fee per head. Up to|2019Itwas a grant to cover|costs. Income and|||
|expenditure|is no longer restricted and Is now a Charitable||Activity as shown below.||||
|5
Income from charitable||activities|||||
||||Unrestrktad|Total|||
||||2021|2021||2020|
|Charitable|Activities - Parent|Fees|33,642|33,642||46,794|
|Charitable|activities||42,013|42,013|136,088||
|Total|||75,655|75,655|182,882||
##
||||||||Unrestricted|Total|Total|
|---|---|---|---|---|---|---|---|---|---|
|||||||||2021|2020|
|Covid-19 CIRS Payments|||||||65,140|65,140||
|Total|||||||6S,140|65,140||
|7
Expenditure||on|charitable||acthrltles|||||
||||||Unrestricted||Restricted|Total|Total|
|||||||||2021|2020|
|||||||E||E||
|Gross Wages and Ni||||||173,460|28,826|202,286|249,922|
|Activities, transport|||and Equipment|||361|893|1,254|11,329|
|Rent &School hire|||||||579|579|3,552|
|Insurance||||||2,414||2,414|2,031|
|||||||176,235|30,29S|206,533|266,834|
|Expenditure|on charitable|||activities -comparative||year||||
||||||Unrestdcted||Restricted|Total||
|||||||||2020||
||||||||6|E||
|Gross Wages|and|Nl||||190,781|59,141|249,922||
|Activities, transport|||and Equipment|||1,353|9,976|11,329||
|Rent &School hire||||||3,552||3,552||
|Insurance||||||3333||2,031||
|||||||197,717|69,117|266,834||
##
|||Unrestricted|Total|Total|
|---|---|---|---|---|
|||2021|2021|2020|
|||E|f|6|
|Employee
costs||2,419|2,419|32,467|
|Motor and travel costs||4,177|4,177|6,652|
|Premises costs||6,611|6,611|7,709|
|Depredation||969|969|1,017|
|General administrative|costs|5,252|5,252|5,893|
|Legal and professional|costs|6,638|6,638|6,084|
|Total||26,066|26,066|59,822|
##
|9
Net exp|enditure
b|efore transfers|||
|---|---|---|---|---|
||||2021|2020|
|This is stated|after charging:||||
|Depreciation|ofowned|fixed assets|969|1,017|
|independent|Examiner's|fee|1,200|1,050|
##
##
|10 Tru|stee remune|ration|and expenses|||
|---|---|---|---|---|---|
|||||2021|2020|
|||||Number|Number|
|Number|oftrustees|paid|expenses|||
|11 Staff costs|||
|---|---|---|
||2021|2020|
||E||
|Salaries and wages|194,184|266,643|
|Socia I security costs|5,695||
|Pension costs|2,407|2,747|
||202,286|277,059|
|||2021|2020|
|---|---|---|---|
|||Number|Number|
|Full|Time|||
|Part|Time|46||
||||58|
##
|||Plant &|Total|
|---|---|---|---|
|||Machinery||
|||E||
|Cost or revaluation||||
|At 1April 2020||5,553|5,553|
|Additions||713|7]3|
|At 31March 2021||6,266|6, 266|
|Depreciation
and impairment||||
|At 1April 2020||4,091|4,091|
|Depreciation
charge for the year||969|969|
|At 31March 2021||5,060|5,060|
|Net Bookvalues||||
|At 31March 2021||1,206|1,206|
|At 31March 2020||1,462|1,462|
|13 Debtors||||
||2021||2020|
||||E|
|Trade Debtors|2,512||17,281|
|Other Debtors|1,660|||
|Prepayments
and accrued income|24,287||3,457|
||28,459||20,738|
##
##
|||2021|2020|
|---|---|---|---|
|||E|8|
|Trade Creditors||341|278|
|Other taxes and social|security|||
|Other creditors||396|414|
|Accruals and deferred|income|10,415|11,021|
|At 31March 2021||11,152|11713|
##
##
|15 Movement
in funds||||||
|---|---|---|---|---|---|
||At 1April|Incoming|Resources|Gross|At 31|
||2020|resources|expended|Transfers|March|
|||(Indudlng|||2021|
|||other||||
|||gains/||||
|||losses)||||
|||f||||
|Restricted funds:||||||
|Restricted income funds:||||||
|Children
in Need||23,609|(30,095)|6,486||
|National
Heritage Lottery|2,950||||2,950|
|Bally Thomas Trust||20,000|||20,000|
|Other Donations|1,000|3,700|(203)||4,497|
|Total|3,950|47,309|(30,298)|6,486|27,447|
|Unrestricted
funds:||||||
|General funds|67,038|231,973|(202,301)|(6,486)|90,224|
|Revaluation
Reserves:||||||
|Total Funds|70,988|279,282|(232,599)||117,671|
##
|Movement|in funds —prior|year|||||
|---|---|---|---|---|---|---|
|||At 1April|Incoming|Resources|Gross|At31|
|||2019|resources|expended|Transfers|March|
|||||||2020|
|Restricted income funds.|||||||
|Children|in Need||40,010|(62,347)|22,337||
|National|Heritage||9,700|(6,750)||2,950|
|Lottery|||||||
|Parent Donations|||1,020|(20)||1,000|
|General funds||122,559|224,355|(257,539)|(22,337)|67,038|
|Total Funds||122,559|275,085|326,656||70,988|
##
##
##
##
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##
||||Unrestricted|Restricted|Total|Total Funds|
|---|---|---|---|---|---|---|
||||Funds|Funds|Funds||
||||2021|2021|2021|2020|
||||E|E|||
|Income and endowments||from:|||||
|Donations
and legacies|||||||
|Donations
and Legacies|||19,489|3,700|23,189|27,493|
|General Grants provided||by|||||
|Government/Other|Charities||71,689|43,609|115,298|64,710|
||||91,178|47,309|138,487|92,203|
|Charitable
activities|||||||
|Charitable Activities|||33,642||33,642|46,794|
|Activities, Transport|and||||||
|Equipment|||42,013||42,013|136,088|
||||75,655||75655|182882|
|Government
Assistance|||||||
|Government
Grants|relating to||||||
|Covid-19|||65,140||65,140||
||||65,140||65,140||
|Total income and endowments|||231,973|47,309|279,282|275,085|
|Expenditure
on:|||||||
|Charitable activities|||||||
|Gross Wages and
Nl|||173,460|28,826|202,286|249,922|
|Activities, transport|and|Equipment|361|893|1,254|11,329|
|Rent &School hire||||579|579|3,552|
|Insurance|||2,414||2,414|2,031|
||||176,235|30,298|206,533|266,834|
|Total ofexpenditure|on charitable||176,235|30398|206,533|266,834|
|activities|||||||
|Employee costs|||||||
|Salaries/Wages||||||20,493|
|Staff training|||2,419||2,419|11,974|
||||2,419||2,419|32,467|
|Motor and travel costs|||||||
|Travel and subsistence|||4,177||4,177|6,652|
||||4,177||4,177|6,652|
|Premises costs|||||||
|Rent|||5,837||5,837|4,632|
|Light, Heat and Power|||620||620|655|
|Premises repairs and|maintenance||154||154|2,422|
||||6,611||6,611|7,709|
##
|General administrative
costs, including|General administrative
costs, including|||||
|---|---|---|---|---|---|
|depreciation
and amortisation||||||
|Depreciation
ofPlant &Machinery||969||969|1,017|
|Bank charges||220||220|384|
|General insurances|||||56|
|Information
and publications||234||234||
|Postage and couriers||469||469|607|
|Software,
ITsupport
and related|costs|533||533|418|
|Stationery
and printing||1,315||1,315|1,759|
|Subscrlptions||772||772|619|
|Sundry expenses||406||406|219|
|Telephone,
fax and broadband||1,303||1,303|1,831|
|||6,221||6,221|6,910|
|Legal and professional
costs||||||
|Audit/Independent
examination|fees|1,200||1,200|1,050|
|Accountancy
and bookkeeping||5,438||5,438|4,794|
|Solicitor's fees|||||240|
|||6,638||6,638|6084|
|Total ofexpenditure
ofother costs||26,066||26,066|59,822|
|Total expenditure||202,301|30,298|232,599|326,656|
|Net gains on investments||||||
|Net expenditure||29,672|17,011|46,683|(51,571)|
|Transfers between
funds||(6,486)|6,486|||
|Net expenditure
before other||||||
|gains/(losses)||23,186|23,497|46,683|(51,571)|
|Other gains||||||
|Net movement
in funds||23,186|23,497|46,683|(51,571)|
|Recondliatlon
offunds:||||||
|Total funds brought
forward||67,038|3,950|70,988|122,559|
|Total funds carried forward||90,224|27,447|117,671|70,988|