Charity No (if any)
Pro-Seed
Year to 12th January 2021
Statement of financial activities
2020/21
Incoming resources
Incoming resources from generated funds
Voluntary income Activities for generating funds
Investment income
Incoming resources from charitable activities Other incoming resources
Total incoming resources
Resources expended
Costs of Generating Funds
Costs of generating voluntary income
Fundraising trading costs
Investment management costs
Charitable activities
Governance costs
Other resources expended
Total resources expended Net incoming/(outgoing) resources before transfers
Gross transfers between funds
Net incoming/(outgoing) resources before other recognised gains/(losses)
Other recognised gains/(losses)
Gains and losses on revaluation of fixed assets for the charity’s own use
Gains and losses on investment assets
Net movement in funds
Total funds brought forward
Total funds carried forward
Unrestricte Note d Funds
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Note d Funds Total
£ £
3
_
1,526 1,526
352 352
1,878 1,878
4- 8
120 120
5,500 5,500
5,620 5,620
3,742 3,742
- 3,742 - 3,742
165,300 165,300
161,558 161,558
558,392 558,392
719,950 719,950
----- End of picture text -----
1 LT700004
2019/20
Total £ 25,240 2,020 27,260 1,211 9,902 11,113 16,147 16,147 68,726 84,873 473,519 558,392
2 LT700004
Pro-Seed
Financial Statements for the year ended 12th January 2021 Balance sheet
12th January 2021
| Note Total £ £ Fixed assets Tangible assets 9 Other fxed assets Investments 10 Total fxed assets Current assets Stock and work in progress - - Debtors 11 (Short term) investments 12 705,166 705,166 Cash at bank and in hand 13 14,784 14,784 Total current assets 719,950 719,950 14 Net current assets/(liabilities) 719,950 719,950 Total assets less current liabilities 719,950 719,950 14 Provisions for liabilities and charges Net assets 719,950 719,950 Funds of the Charity Unrestricted funds 719,950 719,950 Total funds 719,950 719,950 Unrestricte d funds Creditors: amounts falling due within one year Creditors: amounts falling due after one year |
Note Total £ £ Fixed assets Tangible assets 9 Other fxed assets Investments 10 Total fxed assets Current assets Stock and work in progress - - Debtors 11 (Short term) investments 12 705,166 705,166 Cash at bank and in hand 13 14,784 14,784 Total current assets 719,950 719,950 14 Net current assets/(liabilities) 719,950 719,950 Total assets less current liabilities 719,950 719,950 14 Provisions for liabilities and charges Net assets 719,950 719,950 Funds of the Charity Unrestricted funds 719,950 719,950 Total funds 719,950 719,950 Unrestricte d funds Creditors: amounts falling due within one year Creditors: amounts falling due after one year |
Note Total £ £ Fixed assets Tangible assets 9 Other fxed assets Investments 10 Total fxed assets Current assets Stock and work in progress - - Debtors 11 (Short term) investments 12 705,166 705,166 Cash at bank and in hand 13 14,784 14,784 Total current assets 719,950 719,950 14 Net current assets/(liabilities) 719,950 719,950 Total assets less current liabilities 719,950 719,950 14 Provisions for liabilities and charges Net assets 719,950 719,950 Funds of the Charity Unrestricted funds 719,950 719,950 Total funds 719,950 719,950 Unrestricte d funds Creditors: amounts falling due within one year Creditors: amounts falling due after one year |
Note Total £ £ Fixed assets Tangible assets 9 Other fxed assets Investments 10 Total fxed assets Current assets Stock and work in progress - - Debtors 11 (Short term) investments 12 705,166 705,166 Cash at bank and in hand 13 14,784 14,784 Total current assets 719,950 719,950 14 Net current assets/(liabilities) 719,950 719,950 Total assets less current liabilities 719,950 719,950 14 Provisions for liabilities and charges Net assets 719,950 719,950 Funds of the Charity Unrestricted funds 719,950 719,950 Total funds 719,950 719,950 Unrestricte d funds Creditors: amounts falling due within one year Creditors: amounts falling due after one year |
Note Total £ £ Fixed assets Tangible assets 9 Other fxed assets Investments 10 Total fxed assets Current assets Stock and work in progress - - Debtors 11 (Short term) investments 12 705,166 705,166 Cash at bank and in hand 13 14,784 14,784 Total current assets 719,950 719,950 14 Net current assets/(liabilities) 719,950 719,950 Total assets less current liabilities 719,950 719,950 14 Provisions for liabilities and charges Net assets 719,950 719,950 Funds of the Charity Unrestricted funds 719,950 719,950 Total funds 719,950 719,950 Unrestricte d funds Creditors: amounts falling due within one year Creditors: amounts falling due after one year |
|---|---|---|---|---|
| 719,950 | 719,950 |
The financial statements were approved by the Trustees on and signed on their beh
Signature Print Name
3 LT700004
12th Jan 2020 Total £
542,867 15,525 558,392
558,392 558,392 558,392 558,392 558,392
half by
----- Start of picture text -----
Treasurer
----- End of picture text -----
4 LT700004
Notes to the a
Note 1 Basis of preparation
1.1 Basis of accounting
These accounts have been prepared on the basis of historic co
-
Accounting and Reporting by Charities – Statement of Recom
-
and with Accounting Standards
-
and with the Charities Act 1993.
1.2 Change in basis of accounting
There has been no change to the accounting policies (valuation
1.3 Changes to previous accounts
No changes have been made to accounts for previous years.
5 LT700004
accounts
st .
mmended Practice (SORP 2005);
n rules and methods of accounting) since last year.
6 LT700004
Note 2 A INCOMING RESOURCE Recognition of incoming resources
Incoming resources with related expenditure
Contractual income and performance related grants
Volunteer help
Investment income
EXPENDITURE AND L Liability recognition
ASSETS
Stocks and work in progress
7 LT700004
Notes to the accounts (cont)
Accounting policies
ES
These are included in the Statement of Financial Activities (SoFA) when:
- the business becomes entitled to the resources;
Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resources and related expenditure are reported gross in the SoFA.
This is only included in the SoFA once the related goods or services have been delivered.
The value of any voluntary help received is not included in the accounts.
This is included in the accounts when receivable.
IABILITIES
Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.
These are valued at the lower of cost or market value.
8 LT700004
Notes to the accounts
Note 3 Analysis of incoming resources
| Note 3 Analysis of incoming resources | Note 3 Analysis of incoming resources | Note 3 Analysis of incoming resources |
|---|---|---|
| Analysis 2020/21 £ Voluntary income Virgin Money Total Total Investment income Dividends 17,406 Proft/(loss) on sale Investments - 15,880 Total 1,526 Donations Venezualian refugees 352 Total 352 Activities for generating funds Incoming resources from charitable activities |
||
| Donations Venezualian refugees | 352 | |
| Total | 352 |
9 LT700004
(cont)
2019/20 £
25,993 753 25,250 2,020 2,020
10 LT700004
Notes to the accounts
Note 4 Analysis of resources expended
| 2020/21 £ Total Total expenses 120 Total 120 Charitable activities Vuleka school/change lives SALVE 5,000 Testigo GATOTO Harriet school Uganda/Guildford Mukono 500 Governance costs Venezualan refugees other Total 5,500 Costs of generating voluntary income Fundraising trading costs Investment management costs |
2020/21 £ Total Total expenses 120 Total 120 Charitable activities Vuleka school/change lives SALVE 5,000 Testigo GATOTO Harriet school Uganda/Guildford Mukono 500 Governance costs Venezualan refugees other Total 5,500 Costs of generating voluntary income Fundraising trading costs Investment management costs |
2020/21 £ Total Total expenses 120 Total 120 Charitable activities Vuleka school/change lives SALVE 5,000 Testigo GATOTO Harriet school Uganda/Guildford Mukono 500 Governance costs Venezualan refugees other Total 5,500 Costs of generating voluntary income Fundraising trading costs Investment management costs |
|---|---|---|
| Venezualan refugees | ||
other |
||
| Total | 5,500 |
11 LT700004
(cont)
2019/20 £
1,211 1,211 287 3,850 2,100 1,200 2,365 100 9,902
12 LT700004
Notes to the accounts
Note 5 Support Costs
Support costs have been analysed as follows:
----- Start of picture text -----
Fundraising activity Charitable Activity Governance Activity
£ £ £
- - -
- - -
- - -
- - -
- - -
- - -
- - -
Total - - -
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Note 6 Expenses and fees
6.1 Trustee expenses
The total amount of payments or reimbursement of out-of-pocket expenses made to trustees or to third incurred by trustees was as follows:
| Nature of the expenses Total amount paid Number of trustees who were paid expenses |
2020/21 |
|---|---|
| Nil |
6.2 Auditor/Independent Examiner fees
The following fees were paid for the statutory external scrutiny of accounts and other services provided auditor/independent examiner:
| Auditors'/Independent examiner’s fees for reporting on the accounts Other fees - advice, consultancy, accountancy services |
2020/21 £ |
|---|---|
| Nil | |
13 LT700004
(cont)
Total Cost £ - - - - - - - -
parties for expenses
2019/20 Nil by the 2019/20 £ Nil
14 LT700004
Notes to the accounts
Note 7 Paid employees
----- Start of picture text -----
7.1 Staff Costs
2020/21
£
Gross wages, salaries and benefits in kind
Employer’s National Insurance costs -
Pension costs -
Total staff costs -
7.2 Average number of full-time equivalent employees in the 2020/21
year Number
The parts of the charity in which the
employees work -
-
-
Total
7.3 Defined contribution pension scheme
Brief details of the scheme
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2020/21 £ Nil The costs of the scheme to the charity for the year The amount of any contributions outstanding at the year end The amount of any contributions prepaid at the year end
15 LT700004
(cont)
2019/20 £ - - - 2019/20 Number - - -
2019/20 £ Nil
16 LT700004
Notes to the accounts
Note 8 Grantmaking
The charity made the following material grants and donations during the year
8.1 Total value of grants
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Grants to
institutions
Purpose for which grants made Total amount £
-
-
-
-
-
-
Total -
----- End of picture text -----
8.2 Grants made to institutions
The charity made the following material grants to institutions.
Names of institutions Purpose
Total grants to institutions
17 LT700004
(cont)
Grants to individuals Total amount £ - - - - - - -
Total amount of grants paid £ - - - - - - - - - - -
18 LT700004
Notes to the accounts
Note 9 Tangible fixed assets
9.1 Cost or valuation
| Balance brought forward Additions Revaluations Disposals Transfers Balance carried forward |
£ Land & Buildings |
Motor Vehicles £ |
£ Furniture, Fittings and Ofce Equipment |
£ Scouting Equipment etc |
|---|---|---|---|---|
| - | - | - | - | |
| - | - | - | - | |
| - | - | - | - | |
| - | - | - | - | |
| - | - | - | - | |
| - | - | - | - |
9.2 Accumulated depreciation and impairment provisions
Depreciation is provided on the above assets at the following rates:
| Basis Rate Motor Vehicles £ £ £ £ Balance brought forward - - - - Depreciation charge for year - - - - Impairment provisions - - - - Revaluations - - - - Disposals - - - - Transfers - - - - Balance carried forward - - - - 9.3 Net book value Brought forward - - - - Carried forward - - - - Straight Line/Reducing Balance Straight Line/Reducing Balance Straight Line/Reducing Balance Straight Line/Reducing Balance Land & Buildings Furniture, Fittings and Ofce Equipment Scouting Equipment etc |
Straight Line/Reducing Balance |
Straight Line/Reducing Balance |
Straight Line/Reducing Balance |
Straight Line/Reducing Balance |
|---|---|---|---|---|
| - | - | - | - | |
| - | - | - | - |
9.4 Revaluation
19 LT700004
(cont)
Total £ - - - - - -
Total £ - - - - - - - - -
20 LT700004
Notes to the accounts
Note 10 Investment assets
10.1 Fixed assets investments
----- Start of picture text -----
£
Carrying (market) value at beginning of year 542,867
Add: additions to investments at cost 48,240
Less: disposals at carrying value - 51,241
Add/(deduct): net gain/(loss) on revaluation 165,300
Carrying (market) value at end of year 705,166
Analysis of investments 10.2
Market value
at year end
£
Investment properties -
Investments listed on a recognised stock exchange or held in common 705,166
investment funds, open ended investment companies, unit trusts or other
collective investment schemes
Investments in subsidiary or connected undertakings and companies -
Securities not listed on a recognised Stock Exchange -
Cash held as part of the investment portfolio _
Other investments -
Total 705,166
----- End of picture text -----
10.4 Material investment holdings
Material Investments (more than 5 per cent of the value of the charity’s total investments
,Lloyds BankingGP 9.25%, ,Impax enviromental,Schr Investment held Vectors .'301483,223975,112950,66757 Market Value
21 LT700004
(cont)
10.3 Income from investments for the year £ - 17,406 - - - 17,406
) were:
roders,Vaneck
22 LT700004
Notes to the accounts
Note 11 Debtors and prepayments
Analysis of debtors Trade debtors Gift Aid Prepayments and accrued income
----- Start of picture text -----
Amounts falling due Amounts f
within one year after more th
2021 2020 2021
£ £ £
Total
----- End of picture text -----
Note 12 Short term investments Analysis of deposits
2021 2020 £ £ Other deposits Total Note 13 Cash at bank and in hand Analysis of deposits 2021 2020 £ £ Bank current accounts £1,290 £ 6,437 Share centre cash £ 13,494 £ 9,088 Cash in hand Total £14,784 £ 15,525 |
2021 £ |
2020 £ |
|
|---|---|---|---|
| 2021 £ |
2020 £ |
||
| £1,290 | £ 6,437 | ||
| £ 13,494 | £ 9,088 | ||
| £14,784 | £ 15,525 |
Note 14 Creditors and accruals
14.1 Analysis of creditors
Accruals and deferred income Trade creditors Taxation and social security Vat liability
----- Start of picture text -----
Amounts falling due Amounts f
within one year after more th
2021 2020
£ £ £
Total
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14.2 Security over assets
23 LT700004
(cont)
falling due han one year 2020 £
falling due han one year
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£
----- End of picture text -----
24 LT700004
Notes to the accounts
Note 15 Endowment and restricted funds
15.1 Funds held
The charity held the following funds at the year end
-
permanent endowment funds (PE);
-
expendable endowment funds (EE); and
-
restricted income funds, including special trusts, of the charity (R).
Type PE, EE Fund Name Purpose and Restrictions or R
15.2 Movements of major funds
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Fund
balances
brought Incoming Outgoing Gains and
forward resources resources Transfers losses
Fund names £ £ £ £ £
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Total Funds - - - - -
----- End of picture text -----
15.3 Transfers between funds
From Fund (Name) To Fund (Name) Reason
25 LT700004
(cont)
Fund balances carried forward £ - - - - - - -
Amount
26 LT700004
Notes to the accounts
Note 16 Transactions with related parties 16.1 Remuneration and benefits
----- Start of picture text -----
Amounts paid o
Legal authority (eg order,
Name of trustee or connected party
governing document) 2020/21
£
16.2 Loans
Amount
Name of trustee or
Legal authority 2020/21
connected party
£
Due to trustees and
related parties
Due from trustees and
related parties
16.3 Other transaction(s) with trustees or related parties
2020/2021
Name of the trustee Relationship to Description of the
or related party charity transaction(s) £
----- End of picture text -----
27 LT700004
(cont)
----- Start of picture text -----
or benefit value
2019/20
£
----- End of picture text -----
----- Start of picture text -----
t owing
2019/20
£
----- End of picture text -----
----- Start of picture text -----
2019/20
£
----- End of picture text -----
28 LT700004
Notes to the accounts (cont)
Note 17 Additional Disclosures
The following are significant matters which are not covered in other notes and need to be included to provide a proper understanding of the accounts.
.
29 LT700004
Charity No (if any)
Pro-Seed
Year to 12th January 2021
Statement of financial activities
2020/21
Incoming resources
Incoming resources from generated funds
Voluntary income Activities for generating funds
Investment income
Incoming resources from charitable activities Other incoming resources
Total incoming resources
Resources expended
Costs of Generating Funds
Costs of generating voluntary income
Fundraising trading costs
Investment management costs
Charitable activities
Governance costs
Other resources expended
Total resources expended Net incoming/(outgoing) resources before transfers
Gross transfers between funds
Net incoming/(outgoing) resources before other recognised gains/(losses)
Other recognised gains/(losses)
Gains and losses on revaluation of fixed assets for the charity’s own use
Gains and losses on investment assets
Net movement in funds
Total funds brought forward
Total funds carried forward
Unrestricte Note d Funds
----- Start of picture text -----
Note d Funds Total
£ £
3
_
1,526 1,526
352 352
1,878 1,878
4- 8
120 120
5,500 5,500
5,620 5,620
3,742 3,742
- 3,742 - 3,742
165,300 165,300
161,558 161,558
558,392 558,392
719,950 719,950
----- End of picture text -----
1 LT700004
2019/20
Total £ 25,240 2,020 27,260 1,211 9,902 11,113 16,147 16,147 68,726 84,873 473,519 558,392
2 LT700004
Pro-Seed
Financial Statements for the year ended 12th January 2021 Balance sheet
12th January 2021
| Note Total £ £ Fixed assets Tangible assets 9 Other fxed assets Investments 10 Total fxed assets Current assets Stock and work in progress - - Debtors 11 (Short term) investments 12 705,166 705,166 Cash at bank and in hand 13 14,784 14,784 Total current assets 719,950 719,950 14 Net current assets/(liabilities) 719,950 719,950 Total assets less current liabilities 719,950 719,950 14 Provisions for liabilities and charges Net assets 719,950 719,950 Funds of the Charity Unrestricted funds 719,950 719,950 Total funds 719,950 719,950 Unrestricte d funds Creditors: amounts falling due within one year Creditors: amounts falling due after one year |
Note Total £ £ Fixed assets Tangible assets 9 Other fxed assets Investments 10 Total fxed assets Current assets Stock and work in progress - - Debtors 11 (Short term) investments 12 705,166 705,166 Cash at bank and in hand 13 14,784 14,784 Total current assets 719,950 719,950 14 Net current assets/(liabilities) 719,950 719,950 Total assets less current liabilities 719,950 719,950 14 Provisions for liabilities and charges Net assets 719,950 719,950 Funds of the Charity Unrestricted funds 719,950 719,950 Total funds 719,950 719,950 Unrestricte d funds Creditors: amounts falling due within one year Creditors: amounts falling due after one year |
Note Total £ £ Fixed assets Tangible assets 9 Other fxed assets Investments 10 Total fxed assets Current assets Stock and work in progress - - Debtors 11 (Short term) investments 12 705,166 705,166 Cash at bank and in hand 13 14,784 14,784 Total current assets 719,950 719,950 14 Net current assets/(liabilities) 719,950 719,950 Total assets less current liabilities 719,950 719,950 14 Provisions for liabilities and charges Net assets 719,950 719,950 Funds of the Charity Unrestricted funds 719,950 719,950 Total funds 719,950 719,950 Unrestricte d funds Creditors: amounts falling due within one year Creditors: amounts falling due after one year |
Note Total £ £ Fixed assets Tangible assets 9 Other fxed assets Investments 10 Total fxed assets Current assets Stock and work in progress - - Debtors 11 (Short term) investments 12 705,166 705,166 Cash at bank and in hand 13 14,784 14,784 Total current assets 719,950 719,950 14 Net current assets/(liabilities) 719,950 719,950 Total assets less current liabilities 719,950 719,950 14 Provisions for liabilities and charges Net assets 719,950 719,950 Funds of the Charity Unrestricted funds 719,950 719,950 Total funds 719,950 719,950 Unrestricte d funds Creditors: amounts falling due within one year Creditors: amounts falling due after one year |
Note Total £ £ Fixed assets Tangible assets 9 Other fxed assets Investments 10 Total fxed assets Current assets Stock and work in progress - - Debtors 11 (Short term) investments 12 705,166 705,166 Cash at bank and in hand 13 14,784 14,784 Total current assets 719,950 719,950 14 Net current assets/(liabilities) 719,950 719,950 Total assets less current liabilities 719,950 719,950 14 Provisions for liabilities and charges Net assets 719,950 719,950 Funds of the Charity Unrestricted funds 719,950 719,950 Total funds 719,950 719,950 Unrestricte d funds Creditors: amounts falling due within one year Creditors: amounts falling due after one year |
|---|---|---|---|---|
| 719,950 | 719,950 |
The financial statements were approved by the Trustees on and signed on their beh
Signature Print Name
3 LT700004
12th Jan 2020 Total £
542,867 15,525 558,392
558,392 558,392 558,392 558,392 558,392
half by
----- Start of picture text -----
Treasurer
----- End of picture text -----
4 LT700004
Notes to the a
Note 1 Basis of preparation
1.1 Basis of accounting
These accounts have been prepared on the basis of historic co
-
Accounting and Reporting by Charities – Statement of Recom
-
and with Accounting Standards
-
and with the Charities Act 1993.
1.2 Change in basis of accounting
There has been no change to the accounting policies (valuation
1.3 Changes to previous accounts
No changes have been made to accounts for previous years.
5 LT700004
accounts
st .
mmended Practice (SORP 2005);
n rules and methods of accounting) since last year.
6 LT700004
Note 2 A INCOMING RESOURCE Recognition of incoming resources
Incoming resources with related expenditure
Contractual income and performance related grants
Volunteer help
Investment income
EXPENDITURE AND L Liability recognition
ASSETS
Stocks and work in progress
7 LT700004
Notes to the accounts (cont)
Accounting policies
ES
These are included in the Statement of Financial Activities (SoFA) when:
- the business becomes entitled to the resources;
Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resources and related expenditure are reported gross in the SoFA.
This is only included in the SoFA once the related goods or services have been delivered.
The value of any voluntary help received is not included in the accounts.
This is included in the accounts when receivable.
IABILITIES
Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.
These are valued at the lower of cost or market value.
8 LT700004
Notes to the accounts
Note 3 Analysis of incoming resources
| Note 3 Analysis of incoming resources | Note 3 Analysis of incoming resources | Note 3 Analysis of incoming resources |
|---|---|---|
| Analysis 2020/21 £ Voluntary income Virgin Money Total Total Investment income Dividends 17,406 Proft/(loss) on sale Investments - 15,880 Total 1,526 Donations Venezualian refugees 352 Total 352 Activities for generating funds Incoming resources from charitable activities |
||
| Donations Venezualian refugees | 352 | |
| Total | 352 |
9 LT700004
(cont)
2019/20 £
25,993 753 25,250 2,020 2,020
10 LT700004
Notes to the accounts
Note 4 Analysis of resources expended
| 2020/21 £ Total Total expenses 120 Total 120 Charitable activities Vuleka school/change lives SALVE 5,000 Testigo GATOTO Harriet school Uganda/Guildford Mukono 500 Governance costs Venezualan refugees other Total 5,500 Costs of generating voluntary income Fundraising trading costs Investment management costs |
2020/21 £ Total Total expenses 120 Total 120 Charitable activities Vuleka school/change lives SALVE 5,000 Testigo GATOTO Harriet school Uganda/Guildford Mukono 500 Governance costs Venezualan refugees other Total 5,500 Costs of generating voluntary income Fundraising trading costs Investment management costs |
2020/21 £ Total Total expenses 120 Total 120 Charitable activities Vuleka school/change lives SALVE 5,000 Testigo GATOTO Harriet school Uganda/Guildford Mukono 500 Governance costs Venezualan refugees other Total 5,500 Costs of generating voluntary income Fundraising trading costs Investment management costs |
|---|---|---|
| Venezualan refugees | ||
other |
||
| Total | 5,500 |
11 LT700004
(cont)
2019/20 £
1,211 1,211 287 3,850 2,100 1,200 2,365 100 9,902
12 LT700004
Notes to the accounts
Note 5 Support Costs
Support costs have been analysed as follows:
----- Start of picture text -----
Fundraising activity Charitable Activity Governance Activity
£ £ £
- - -
- - -
- - -
- - -
- - -
- - -
- - -
Total - - -
----- End of picture text -----
Note 6 Expenses and fees
6.1 Trustee expenses
The total amount of payments or reimbursement of out-of-pocket expenses made to trustees or to third incurred by trustees was as follows:
| Nature of the expenses Total amount paid Number of trustees who were paid expenses |
2020/21 |
|---|---|
| Nil |
6.2 Auditor/Independent Examiner fees
The following fees were paid for the statutory external scrutiny of accounts and other services provided auditor/independent examiner:
| Auditors'/Independent examiner’s fees for reporting on the accounts Other fees - advice, consultancy, accountancy services |
2020/21 £ |
|---|---|
| Nil | |
13 LT700004
(cont)
Total Cost £ - - - - - - - -
parties for expenses
2019/20 Nil by the 2019/20 £ Nil
14 LT700004
Notes to the accounts
Note 7 Paid employees
----- Start of picture text -----
7.1 Staff Costs
2020/21
£
Gross wages, salaries and benefits in kind
Employer’s National Insurance costs -
Pension costs -
Total staff costs -
7.2 Average number of full-time equivalent employees in the 2020/21
year Number
The parts of the charity in which the
employees work -
-
-
Total
7.3 Defined contribution pension scheme
Brief details of the scheme
----- End of picture text -----
2020/21 £ Nil The costs of the scheme to the charity for the year The amount of any contributions outstanding at the year end The amount of any contributions prepaid at the year end
15 LT700004
(cont)
2019/20 £ - - - 2019/20 Number - - -
2019/20 £ Nil
16 LT700004
Notes to the accounts
Note 8 Grantmaking
The charity made the following material grants and donations during the year
8.1 Total value of grants
----- Start of picture text -----
Grants to
institutions
Purpose for which grants made Total amount £
-
-
-
-
-
-
Total -
----- End of picture text -----
8.2 Grants made to institutions
The charity made the following material grants to institutions.
Names of institutions Purpose
Total grants to institutions
17 LT700004
(cont)
Grants to individuals Total amount £ - - - - - - -
Total amount of grants paid £ - - - - - - - - - - -
18 LT700004
Notes to the accounts
Note 9 Tangible fixed assets
9.1 Cost or valuation
| Balance brought forward Additions Revaluations Disposals Transfers Balance carried forward |
£ Land & Buildings |
Motor Vehicles £ |
£ Furniture, Fittings and Ofce Equipment |
£ Scouting Equipment etc |
|---|---|---|---|---|
| - | - | - | - | |
| - | - | - | - | |
| - | - | - | - | |
| - | - | - | - | |
| - | - | - | - | |
| - | - | - | - |
9.2 Accumulated depreciation and impairment provisions
Depreciation is provided on the above assets at the following rates:
| Basis Rate Motor Vehicles £ £ £ £ Balance brought forward - - - - Depreciation charge for year - - - - Impairment provisions - - - - Revaluations - - - - Disposals - - - - Transfers - - - - Balance carried forward - - - - 9.3 Net book value Brought forward - - - - Carried forward - - - - Straight Line/Reducing Balance Straight Line/Reducing Balance Straight Line/Reducing Balance Straight Line/Reducing Balance Land & Buildings Furniture, Fittings and Ofce Equipment Scouting Equipment etc |
Straight Line/Reducing Balance |
Straight Line/Reducing Balance |
Straight Line/Reducing Balance |
Straight Line/Reducing Balance |
|---|---|---|---|---|
| - | - | - | - | |
| - | - | - | - |
9.4 Revaluation
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(cont)
Total £ - - - - - -
Total £ - - - - - - - - -
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Notes to the accounts
Note 10 Investment assets
10.1 Fixed assets investments
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£
Carrying (market) value at beginning of year 542,867
Add: additions to investments at cost 48,240
Less: disposals at carrying value - 51,241
Add/(deduct): net gain/(loss) on revaluation 165,300
Carrying (market) value at end of year 705,166
Analysis of investments 10.2
Market value
at year end
£
Investment properties -
Investments listed on a recognised stock exchange or held in common 705,166
investment funds, open ended investment companies, unit trusts or other
collective investment schemes
Investments in subsidiary or connected undertakings and companies -
Securities not listed on a recognised Stock Exchange -
Cash held as part of the investment portfolio _
Other investments -
Total 705,166
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10.4 Material investment holdings
Material Investments (more than 5 per cent of the value of the charity’s total investments
,Lloyds BankingGP 9.25%, ,Impax enviromental,Schr Investment held Vectors .'301483,223975,112950,66757 Market Value
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(cont)
10.3 Income from investments for the year £ - 17,406 - - - 17,406
) were:
roders,Vaneck
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Notes to the accounts
Note 11 Debtors and prepayments
Analysis of debtors Trade debtors Gift Aid Prepayments and accrued income
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Amounts falling due Amounts f
within one year after more th
2021 2020 2021
£ £ £
Total
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Note 12 Short term investments Analysis of deposits
2021 2020 £ £ Other deposits Total Note 13 Cash at bank and in hand Analysis of deposits 2021 2020 £ £ Bank current accounts £1,290 £ 6,437 Share centre cash £ 13,494 £ 9,088 Cash in hand Total £14,784 £ 15,525 |
2021 £ |
2020 £ |
|
|---|---|---|---|
| 2021 £ |
2020 £ |
||
| £1,290 | £ 6,437 | ||
| £ 13,494 | £ 9,088 | ||
| £14,784 | £ 15,525 |
Note 14 Creditors and accruals
14.1 Analysis of creditors
Accruals and deferred income Trade creditors Taxation and social security Vat liability
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Amounts falling due Amounts f
within one year after more th
2021 2020
£ £ £
Total
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14.2 Security over assets
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(cont)
falling due han one year 2020 £
falling due han one year
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£
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Notes to the accounts
Note 15 Endowment and restricted funds
15.1 Funds held
The charity held the following funds at the year end
-
permanent endowment funds (PE);
-
expendable endowment funds (EE); and
-
restricted income funds, including special trusts, of the charity (R).
Type PE, EE Fund Name Purpose and Restrictions or R
15.2 Movements of major funds
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Fund
balances
brought Incoming Outgoing Gains and
forward resources resources Transfers losses
Fund names £ £ £ £ £
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
Total Funds - - - - -
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15.3 Transfers between funds
From Fund (Name) To Fund (Name) Reason
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(cont)
Fund balances carried forward £ - - - - - - -
Amount
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Notes to the accounts
Note 16 Transactions with related parties 16.1 Remuneration and benefits
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Amounts paid o
Legal authority (eg order,
Name of trustee or connected party
governing document) 2020/21
£
16.2 Loans
Amount
Name of trustee or
Legal authority 2020/21
connected party
£
Due to trustees and
related parties
Due from trustees and
related parties
16.3 Other transaction(s) with trustees or related parties
2020/2021
Name of the trustee Relationship to Description of the
or related party charity transaction(s) £
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(cont)
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or benefit value
2019/20
£
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t owing
2019/20
£
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2019/20
£
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Notes to the accounts (cont)
Note 17 Additional Disclosures
The following are significant matters which are not covered in other notes and need to be included to provide a proper understanding of the accounts.
.
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Independent Examiner's Report to the Trustees of
Pro-seed
I report on the accounts of Pro-seed for the year ended 12[th] January 2021 which comprise the Statement of Financial Activities, the Balance Sheet and related notes.
This report is made solely to the trustees in accordance with Sections 145 of the Charities Act 2011. My work has been undertaken so that I might state to the charity’s trustees those matters I am required to state to them in an Independent Examiner’s report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity’s trustees for my examination work.
Respective responsibilities of Trustees and Examiner
Pro-seed’s trustees are responsible for the preparation of the accounts. They consider that an audit is not required for this year (under Section144 of the Charities Act 2011 (the Charities Act)) and that an independent examination is needed.
It is my responsibility to:
-
Examine the accounts (under Section 145 of the Charities Act);
-
To follow the procedures laid down in the General Directions given by the Charity Commissioners (under Section 145 (5) (b) of the Charities Act); and
-
To state whether particular matters have come to my attention.
Basis of Independent Examiner's report
My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by Pro-seed and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.
Independent Examiner's statement
In connection with my examination, no matter has come to my attention:
-
which gives me reasonable cause to believe that in any material respect the requirements
-
to keep accounting records in accordance with Section 130 of the Charities Act ;and
-
to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act
have not been met; or
- to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Name: ....................................................................................................... Qualification: ............................................................................................. Address: .................................................................................................... ................................................................................................................... Date: .........................................................................................................
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