2020-07-31-accounts - Victoria Hall Community Trust Limited

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			Page
Trustees' annual report (incorporating the	director's	report)
Independent examiner's report to the trustees
Statement offinancial activities (including	income and
expenditure account)
Statement offinancial position
Notes to the financial statements			10
The following pages do not form part ofthe financial statements
Detailed statement offinancial activities			19
Notes to the detailed statement offinancial	activities		20

			3	1July 2020
					2020		2019
				Unrestricted	Restricted
				funds	funds	Total funds	Total funds
			Note	5			5
Income and endowments
Investment income			5	1		I
Other income			6	33,336		33,336	32,027
Total income				33,337		33,337	32,027
Expenditure
Expenditure on raising funds:
Costs ofother	trading	activities	7	698		698	651
Expenditure on charitable		activities	8,9	26,147	292	26,439	32,695
Total expenditure				26,845	292	27,137	33,346
Net income/(expenditure)		and net
movement in funds				6,492	(292)	6,200	(1,319)
Reconciliation offunds
Total funds brought	forward			33,979	26,488	60,467	61,786
Total funds carried	forward			40,471	26,196	66,667	60,468

			2020		2019
Fixed assets
Tangible fixed assets		15				292
Current assets
Debtors		16	2,999		2,025
Cash at bank and in hand			67,128		61,925
			70,127		63,950
Creditors: amounts	falling due
within one year		17	3,460		3,775
Net current assets				66,667		60,175
Total assets less current SabiTities				66,667		60,467
Net assets				66,667		60,467
Funds ofthe charity
Restricted funds				26,196		26,488
Unrestricted funds				40,471		33,980
Total charity funds		19		66,667		60,468

5.	or she is amember withing 1ye Investment income	ar after he or she cease	s to beamemb	er.
		Unrestricted	Total Funds	Unrestricted	Total Funds
		Funds	2020	Funds	2019
			4	6	f
	Bank interest receivable	1	1
6.	Other income
		Unrestricted	Total Funds	Unrestricted	Total Funds
		Funds	2020	Funds	2019
				f.
	Hall Hire	19,627	19,627	30,419	30,419
	Sundry Income	531	531	1,608	1,608
	Covid-19 Grants	10,000	10,000
	Job Retention Scheme	3,178	3,178
		33,336	33,336	32,027	32,027

9.	Expenditure	on	charita	bl	e acti	vities by activity type
								Total funds	Total fund
						Support costs		2020	2019 f
	Hall Hire						23,744	23,744	30,440
	Governance	costs					2,695	2,695	2,255
							26,439	26,439	32,695
10.	Analysis of	support costs
						Hall Hire		Total 2020	Total 2019
	Staffcosts						9,954	9,954	9,382
	Premises						12,828	12,828	19,722
	Communications		and IT				668	668	1,063
	General office						262	262	241
	Finance costs						32	32	32
	Governance	costs					2,695	2,695	2,254
							26,439	26,439	32,694
11.	Net income/(expenditure)
	Net income/(expenditure)				is stated after charging/(crediting):
								2020	2019
								5
	Depreciation	oftangible		fixed assets				292	292
12.	Independent	examination			fees
								2020	2019
	Fees payable	to the independent				examiner for:
	Independent	examination		ofthe		financial statements		1,242	1,158
13.	Staffcosts
	The total staff costs and			employee benefits for the reporting			period are	analysed as	follows:
								2020	2019
									f
	Wages and salaries							8,800	8,800
	Employer contributions			to	pension plans			79	82
	Subcontractors							1,075	500
								9,954	9,382

Creditors: amounts falling due within one year
	2020	2019
	f
Trade creditors		59
Accruals and deferred income	1,503	2,263
Social security and other taxes	594	149
Other creditors	1,363	1,304
	3,460	3,775

			At			At
			1August 2019	Income	Expenditure	31July 2020
General funds			33,979	33,337	(26,845)	40,471
Restricted	funds
			At
			1August 201			At
			9	Income	Expenditure	31July 2020
				f
Pre CAT Funding			12,266		(292)	11,974
Operational	Equipment		14,222			14,222
			26,488		(292)	26,196
Analysis ofnet assets between funds
				Unrestricted	Restricted	Total Funds
				Funds	Funds	2020
				f	f
Current assets				40,482	30,519	71,001
Creditors less than		1year		(2,866)	(1,468)	(4,334)
Net assets				37,616	29,051	66,667

			31July 202	0
				2020	2019
Costs ofother trading		activities
Catering expenses				698	651
Costs ofother trading		activities		698	651
Expenditure	on charitable		acdvitles
Hall Hire
Support costs
Wages/salaries				8,800	8,800
Pension costs				79	82
Subcontractor	costs			1,075	500
Rates k.water				843	663
Light 8'c heat				6,244	6,753
Repairs tk maintenance				4,212	10,835
Insurance				1,529	1,471
Sundries				107	13
Telepbone				668	1,063
Postage and stationery				155	228
Bank Charges				32	32
				23,744	30,440
Governance	costs
Accountancy	fees			1,706	1,374
Legal and other professional			fees	697	589
Depreciation				292	292
				2,695	2,255
Expenditure	on charitable		activities	26,439	32,695