OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2021-10-31-accounts

REFERENCE AND ADMINISTRATIVE REFERENCE AND ADMINISTRATIVE DETAILS
Trustees
D Clayton-Jones Chairman
W M Clarke
E M Davey
G F Morgan
LW Roblin Treasurer
C O' Brien
GJ Owens
J L Prior-Morris
V Mitchell
SE Neil Resigned October 2021
President
N Lloyd-Edwards
Key management personnel
G Hill - Director
Independent
Examiner
Watts Gregory LLP
Chartered
Accountants
Elfed House
Oak Tree Court
Cardiff Gate Business Park
CARDIFF
County ofCardiff
CF238RS

2021 2020
Unrestricted Restricted Total Total
Notes funds
f		 funds
F		 funds fundsf
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 3 156,564 1,739 158,303 276,915
Charitable
activities
Education
and the arts		 824 824 2,009
Community
welfare		 29,794 29,794 36,618
Other trading
activities		 96,701 96,701 81,424
investment
income		 11,218 11,218 18,378
Other income 49,874 49,874 47,894
Total 344,975 1,739 346,714 463,238
EXPENDITURE ON
Raising funds 88,839 88,839 88,734
Charitable
activities
Preservation
of Insole Court		 90,528 1,250 91,778 83,215
Education
and the arts		 32,228 32,228 33,446
Community
welfare		 176,807 176,807 165,928
Total 388,402 1,250 389,652 371,323
NET INCOME/(EXPENDITURE) (43,427) 489 (42,938) 91,915
RECONCILIATION
OF FUNDS
Total funds brought forward 1,443,519 12,725 1,456,244 1,364,329
TOTAL FUNDS CARRIED FORWARD 1,400,092 13,214 1,413,306 1,456,244

2021 2020
Unrestricted Restricted Total Total
funds funds funds funds
Notes F F F
FIXEDASSETS
Tangible assets 16 1,159,734 1,159,734 1,204,292
investments 17 2 2 2
1,159,736 1,159,736 1,204,294
CURRENT ASSETS
Stocks 18 8,062 8,062 6,300
Debtors 19 125,104 125,104 23,170
Cash at bank and in hand 205,614 13,214 218,828 305,765
338,780 13,214 351,994 335,235
CREDITORS
Amounts
falling due within one year		 20 (60,975) (60,975) (47,055)
NET CURRENT ASSETS 277,805 13,214 291,019 288,180
TOTAL ASSETS LESSCURRENT LIABILITIES 1,437,541 13,214 1,450,755 1,492,474
CREDITORS
Amounts
falling due after more than one year		 21 (37,449) (37,44S) (36,230)
NET ASSETS 1,400,092 13,214 1,413,306 1,456,244
FUNDS 24
Unrestricted
funds		 1,400,092 1,443,519
Restricted funds 13,214 12,725
TOTAL FUNDS 1,413,306 1,456,244

2021 2020
Donations 13,777 29,045
Gift aid 2,011 1,760
Grants 142,119 245,586
Subscriptions 396 524
158,303 276,915
Grants received, included in the above, are as follows:
2021 2020
National
Lottery		 Heritage Fund 70,435
National
Lottery		 Community Fund 25,648
Cardiff Council 20,000 25,000
ACW 23,446
WCVA 48,037
Moondance
Foundation		 8,000
Waterloo Foundation 15,000
Welsh Government —Wales Cultural Recovery Fund 97,037
Job Retention Scheme 24,499 29,519
Other grants 583 501
142,119 245,586
OTHER TRADING ACTIVITIES
2021- 2020
F F
Coffee shop rent 16,088 7,088
Other rental income 63,715 55,115
Facility hire fees 725
Gift shop sales 16,898 18,421
Catering
and bar		 income 75
96,701 81,424
5. INVESTMENT INCOME INVESTMENT INCOME INVESTMENT INCOME
2021 2020
F F
Trading
subsidiary		 donation 11,218 18,378
INCOME FROM CHARITABLE ACTIVITIES
2021 2020
Activity F F
Entrance fees and tour income Education and the arts 824 2,009
Facility hire fees Community welfare 23,814 30,076
Activities and events income Community welfare 5,980 6,542
30,618 38,627
7. OTHER INCOME
2021 2020
F.
Other income
Management		 fee 2,374
47,500		 (1,981)
49,875
49,874 47,894
8. RAISING FUNDS
Raising donations and legacies
2021 2020
F
Fundraising 791 1,070
Other trading activities
2021 2020
F
Purchases 8,037 7,983
Staff costs 59,460 65,005
Shop operating expenses 897 991
Rates and water 256 403
Light and heat 10,515 5,699
Telephone
and internet		 1,782 1,935
Depreciation 7,101 5,648
88,048 87,664
Aggregate
amounts		 88,839 88,734

Direct Support
Costs (see costs (see
note 10) note 11) Totals
F
Preservation of Insole Court 67,570 24,208 91,778
Education
and the arts		 16,923 15,305 32,228
Community welfare 113,038 63,769 176,807
197,531 103,282 300,813
10. DIRECT COSTS OF CHARITABLE ACTIVITIES
2021 2020
Staff costs 68,652 82,195
Rates and water 715 1,128
Insurance 1,250 1,143
Light and heat 29,442 15,956
Telephone 4,990 5,419
Design and print 1,877 2,640
Computer
and web site fees		 1,440 420
Miscellaneous
expenses		 2,153 2,810
Cleaning
and household		 goods 7,335 4,414
Activities and events costs 4,992 4,932
Property
maintenance		 and repairs 29,344 23,177
Depreciation 45,341 36,876
197,531 181,110
11. SUPPORT COSTS
Staff Governance
costs Finance Other costs Totals
F
Preservation of Insole Court 18,336 574 4,431 867 24,208
Education
and the arts		 11,001 345 1,389 2,570 15,305
Community welfare 44,005 1,379 8,104 10,281 63,769
73,342 2,298 13,924 13,718 103,282
12. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
2021 2020f
Depreciation -owned assets 54,949 45,758
Independent examination fee 3,300 3,300
Operating
lease payments		 1,031 1,031

2021 2020
Wages and salaries 172,438 196,600
Social security costs 10,504 12,332
Other pension costs 3,660 3,469
186,602 212,401
The aver age
monthly
number ofemployees
during th		 e year was as follows:
2021 2020
Average employees 9 12

Unrestricted Restricted Total
funds funds funds
F F F
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 261,235 15,680 276,915
Charitable
activities
Education
and the arts		 2,009 2,009
Community
welfare		 36,618 36,618
Other trading
activities		 81,424 81,424
Investment
income		 18,378 18,378
Other income 47,894 47,894
Total 447,558 15,680 463,238
EXPENDITURE ON
Raising funds 88,734 88,734
Charitable
activities
Preservation
of Insole		 Court 82,476 739 83,215
Education
and the arts		 33,003 443 33,446
Community
welfare		 164,155 1,773 165,928
Total 368,368 2,955 371,323
NET INCOME 79,190 12,725 91,915
RECONCILIATION OF FUNDS
Total funds brought forward 1,364,329 1,364,329
TOTAL FUNDS CARRIED FORWARD 1,443,519 12,725 1,456,244
16. TANGIBLE FIXEDASSETS
Fixtures
Long and Computer
leasehold fittings equipment Totals
F F
COST
At 1 November 2020 1,189,638 145,481 28,941 1,364,060
Additions 2,491 7,160 740 10,391
At 31 October 2021 1,192,'l29 152,641 29,681 1,374,451
DEPRECIATION
At 1 November 2020 57,713 74,811 27,244 159,768
Charge for year 25,460 28,402 1,087 54,949
At 31 October 2021 83,173 103,213 28,331 214,717
NET BOOK VALUE
At 31 October 2021 1,108,956 49,428 1,350 1,159,734
At 31 October 2020 1,131,925 70,670 1,697 1,204,292
Shares in
gloup
undertakings
Nature ofbusiness:
Roo		 Nature ofbusiness:
Roo		 m hire and event services
Class ofshare: holding
Ordinary
shares		 100
2021 2020
F
Aggregate
capital and reserves		 15,529 11,853
Profit for the year 13,894 10,865
18. STOCKS
2021 2020
F
Retail stocks 8,062 6,300
19. DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
Trade debtors 5,198 3,864
Amounts
owed by group		 undertakings 115,195 1,350
Other debtors 715
VAT 219 12,990
Prepayments and accrued income 3,777 4,966
125,104 23,170

CREDITORS: AMOUNTS
FALLING DUE WITHIN ONE YEAR
2021 2020
F
Bank loans and overdrafts (see note 22) 7,677 3,770
Other loans (see note 22) 7,748
Trade creditors 12,180 15,585
Social security and other taxes 3,253 2,655
Other creditors 3,233 2,487
Accruals and deferred income 26,884 22,558
60,975 47,055
Included
within accruals and deferred
income above is the		 following
deferred
income:
2021 2020
E
Rental income and deposit 4,368 4,368
Activities and events income 1,281
5,649 4,368

CREDITOR S: AMOUNTS F ALLING DUE AFTER MORE THAN ON E YEAR
2021 2020
F
Bank loans (see note 22) 29,185 36,230
Other loans (see note 22) 8,264
37,449 36,230
LOANS
An analysis ofthe maturity ofloans is given below:
2021 2020
F
Amounts
falling due within		 one year on demand:
Bank loans 7,677 3,770
Other loans 7,748
15,425 3,770
Amounts
falling between one		 and two years:
Bank loans 7,881 7,694
Other loans 8,264
16,145 7,694
Amounts
falling due between		 two and five years:
Bank loans 21,304 24,306
Amounts
falling due in more than five years:
Repayable by instalments:
Bank loans 4,230

Minimum
lease paym		 en ts
under		 non-cancellable
operating
leas		 es fall due as foll ows:
2021 2020
Within one year 516 1,031
Between one and five years 516
516 1,547
MOVEMENT
IN FUNDS
Net Transfers
At movement between At
1/11/20 in funds funds 31/10/21
E E
Unrestricted
funds
General
fund
Fixed asset designated		 fund 239,227
1,204,292		 (43,427) 44,558
~44,558)		 240,358
1,159,734
1,443,519 (43,427) 1,400,092
Restricted funds
Friends ofInsole Court fund 12,725 489 13,214
TOTAL FUNDS 1,456,244 ~42,938) 1,413,306
Net movement
in funds,		 included in the above are as follows:
Incoming Resources Movement
resources expended
f		 in funds
F
Unrestricted
funds
General fund 344,975 (388,402) (43,427)
Restricted funds
Garden and grounds fund 1,250 (1,250)
Friends of Insole Court fund 489 489
1,739 ~1,250 489
TOTAL FUNDS 346,714 ~389,652) ~42,938)

Compar atives
for		 mo vemen t
in funds
Net Transfers
At movement between At
1/11/19
f		 in funds funds
f		 31/10/20
f
Unrestricted
funds
General fund 221,584 79,190 (61,547) 239,227
Fixed asset designated fund 1,142,745 61,547 1,204,292
1,364,329 79,190 1,443,519
Restricted funds
Friends of Insole Court fund 12,725 12,725
TOTAL FUNDS 1,364,329 91,915 1,456,244
Comparative
net movement		 in funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
f
Unrestricted
funds
General fund 447,558 (368,368) 79,190
Restricted funds
Garden and grounds fund 2,955 (2,955)
Friends of Insole Court fund 12,725 12,725
15,680 ~2,955 12,725
TOTAL FUNDS 463,238 ~371.323) 91,915