| 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 | ||||
| The following pages do not form part ofthe financial statements |
||||
| Detailed statement offinancial |
activities | 20 | ||
| Notes to the detailed statement | offinancial | activities | 21 |
| Year ended | 31 Marc | h 2021 | h 2021 | |||
|---|---|---|---|---|---|---|
| 2021 | 2020 | |||||
| Unrestricted | ||||||
| funds | Total funds | Total funds | ||||
| Note | ||||||
| Income and endowments | ||||||
| Donations and legacies Rental property income |
5 6 |
77,103 63,884 |
77,103 63,&84 |
66,987 57,607 |
||
| Total income | 140,987 | 140,987 | 124,594 | |||
| Expenditure | ||||||
| Expenditure on raising funds: Rental property costs Expenditure on charitable activities |
7 8,9 |
12,231 44,362 |
12,231 44,362 |
22,972 72,016 |
||
| Total expenditure | 56,593 | 56,593 | 94,988 | |||
| Net gains on investments | (13,050) | |||||
| Net income and net movement | in funds | 84,394 | 84,394 | 42,656 | ||
| Reconciliation offunds |
||||||
| Total funds brought forward | 420 078 | 420 078 | 377,422 | |||
| Total funds carried forward | 504,472 | 504,472 | 420,078 |
| 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|
| Note | E | ||||||
| Fixed assets | |||||||
| Tangible fixed assets | 16 | 311,605 | 305,799 | ||||
| Investments | 17 | 460,000 | 460,000 | ||||
| 771,605 | 765,799 | ||||||
| Current assets | |||||||
| Debtors | 18 | 9,809 | 12,249 | ||||
| Cash at bank and | in | hand | 89,839 | 22,434 | |||
| 99,648 | 34,683 | ||||||
| Creditors: amounts | falling | due within one year | 19 | 35,200 | 33,199 | ||
| Net current assets | 64,448 | 1,484 | |||||
| Total assets less | current | liabilities | 836,053 | 767,283 | |||
| Creditors: amounts | falling | due after more than | |||||
| one year | 20 | 331,581 | 347,205 | ||||
| Net assets | 504,472 | 420,078 | |||||
| Funds ofthe charity | |||||||
| Unrestricted funds |
504,472 | 420,078 | |||||
| Total charity funds | 22 | 504,472 | 420,078 |
| Donations | and l | egacies | |||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||||
| Funds | 2021 | Funds | 2020 | ||||
| F | E | F | |||||
| Donations | |||||||
| Donations | 34,497 | 34,497 | 49,258 | 49,258 | |||
| Charitable | events | 17,606 | 17,606 | 17,729 | 17,729 | ||
| Grants | |||||||
| Government grant income |
25,000 | 25,000 | |||||
| 77,103 | 77,103 | 66,987 | 66,987 | ||||
| Rental property | income | ||||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||||
| Funds | 2021 | Funds | 2020 | ||||
| Income from investment | properties | 63,884 | 63,884 | 57,607 | 57,607 | ||
| Rental property | costs | ||||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||||
| Funds | 2021 | Funds | 2020 | ||||
| E | |||||||
| Repairs and maintenance Utilities recharged to tenants Mortgage interest |
968 6,574 4,689 |
968 6,574 4,689 |
9,481 7,368 6,123 |
9,481 7,368 6,123 |
|||
| 12,231 | 12,231 | 22,972 | 22,972 |
| 8. | Expenditur | e | on charitable | activities by fund type | |||
|---|---|---|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||||
| Funds f |
2021 f |
Funds f |
2020 | ||||
| Supporting Charitable |
Sant Zora Singh Trust |
Lopon 40,583 |
40,583 | 69,186 | 69,186 | ||
| Support costs | 3,779 | 3,779 | 2,831 | 2,830 | |||
| 44,362 | 44,362 | 72,017 | 72,016 | ||||
| 9. | Expenditure | on charitable | activities by activity type |
| 9. | Expenditur | e | on chari | table | activities by activity typ | e | ||
|---|---|---|---|---|---|---|---|---|
| Activities | ||||||||
| undertaken | Support | Total funds | Total fund | |||||
| directly f |
costs f |
2021 f |
2020 f |
|||||
| Supporting Charitable |
Sant Zora Trust |
Singh | Lopon 40,583 |
40,583 | 69,186 | |||
| Governance | costs | 3,779 | 3,779 | 2,830 | ||||
| 40,583 | 3,779 | 44,362 | 72,016 | |||||
| 10. | Analysis ofsupport costs | |||||||
| Supporting | ||||||||
| Sant Zora | ||||||||
| Singh Lopon | ||||||||
| Charitable | ||||||||
| Trust f |
Total 2021 | Total 2020 f |
||||||
| Governance | costs | 279 | 279 | 188 | ||||
| Independent | examiners | fee | 3,500 | 3,500 | 2,642 | |||
| 3,779 | 3,779 | 2,830 | ||||||
| 11. | Net gains on | investments | ||||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||||
| Funds | 2021 f |
Funds f |
2020 f |
|||||
| Gains/(losses) | on investment | property | 13,050 | 13,050 | ||||
| 12. | Net income | |||||||
| Net income | is stated after charging/(crediting): | |||||||
| 2021 | 2020 | |||||||
| f | ||||||||
| Depreciation | oftangible | fixed | assets | 766 | (4,270) |
| Staff costs | |||||
|---|---|---|---|---|---|
| The total staff costs and employee | benefits for | the reporting | period are analysed as follows: 2021 2020 f |
||
| The average head count of employees offull-time equivalent employees during |
during the year was the year is analysed |
Nil (2020: Nil). The average as follows: 2021 |
number 2020 |
||
| No. | No. | ||||
| Number ofstaff - trustees | 5 | 5 |
| Tangible fixed assets | |||
|---|---|---|---|
| Land and | |||
| buildings E |
Equipmentf | Total | |
| Cost At 1 April 2020 Additions |
315,527 | 7,565 6,572 |
323,092 6,572 |
| At 31 March 2021 | 315,527 | 14,137 | 329,664 |
| Depreciation At 1 April 2020 Charge for the year |
9,728 | 7,565 766 |
17,293 766 |
| At 31 March 2021 | 9,728 | 8,331 | 18,059 |
| Carrying amount At 31 March 2021 |
305,799 | 5,806 | 311,605 |
| At 31 March 2020 | 305,799 | 305,799 |
| Investments | |
|---|---|
| Investment | |
| properties f |
|
| Cost or valuation | |
| At 1 April 2020 and 31 March 2021 | 460,000 |
| Impairment | |
| At 1 April 2020 and 31 March 2021 | |
| Carrying amount |
|
| At 31March 2021 | 460,000 |
| At 31 March 2020 | 460,000 |
| 18. | Debtors | |||
|---|---|---|---|---|
| 2021 f |
2020 f. |
|||
| Prepayments and accrued income |
9,809 | 12,249 | ||
| 19. | Creditors: amounts | falling due within one year | ||
| 2021 | 2020 f |
|||
| Bank loans and overdrafts | 27,000 | 25,000 | ||
| Accruals and deferred | income | 3,700 | 3,700 | |
| Rental deposits | 4,500 | 4,499 | ||
| 35,200 | 33,199 | |||
| 20. | Creditors: amounts | falling due after more than one year | ||
| 2021 f |
2020 | |||
| Bank loans and overdrafts | 331,581 | 347,205 |
| Government | grants | |||||||
|---|---|---|---|---|---|---|---|---|
| The amounts | recognised | in the financial statements | for | government | grants are as 2021 f |
follows: 2020 f |
||
| Recognised Government |
in income from donations grants income |
and legacies: | 25,000 | |||||
| Analysis of | charitable. | funds | ||||||
| Unrestricted | funds | |||||||
| At | ||||||||
| At | Gains and | 31 March | 20 | |||||
| 1 April 2020 F |
Income f |
Expenditure f |
losses f |
f | 21 | |||
| General funds | 420,078 | 140,987 | (56,593) | 504,472 | ||||
| At | ||||||||
| At | Gains and | 31 March | 20 | |||||
| 1 April 2019 F |
Income f |
Expenditure F |
losses f |
f | 20 | |||
| General funds | 377,422 | 124,594 | (94,989) | 13,050 | 420,077 |
| Analysis ofnet as | se | ts between funds | ||
|---|---|---|---|---|
| Unrestricted | Total Funds | |||
| Funds F |
2021 f |
|||
| Tangible fixed assets Investments |
311,605 460,000 |
311,605 460,000 |
||
| Current assets | 99,648 | 99,648 | ||
| Creditors less than 1 year Creditors greater than 1 year |
(35,200) (331,581) |
(35,200) (331,581) |
||
| Net assets | 504,472 | 504,472 | ||
| Unrestncted | Total Funds | |||
| Funds | 2020 | |||
| F | F | |||
| Tangible fixed assets Investments |
305,799 460,000 |
305,799 460,000 |
||
| Current assets | 34,683 | 34,683 | ||
| Creditors less than 1 year Creditors greater than 1 year |
(33,199) (347,205) |
(33,199) (347,205) |
||
| Net assets | 420,078 | 420,078 |