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2021-03-31-accounts

Contents Page
Reference and Administration
Report of the Trustees 2-13
Report of the Auditors 14-16
Statement of Financial Activities 17
Balance Sheet 18
Statement ofCash Flows 19
Notes forming
part of
the financial statements 20 - 29

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Expenditur e
&a
nalysi s oftot al r esources ex pen ded
Staff costs Other Depreciation Total
E 8 8
The Rossendale Trust Limited
Raising
Funds
16,519 16,519
Charitable activities 4,423,922 427,349 44,183 4,895,454
4,423,922 443,868 44,183 4,911,973
The Rossendale Trust
Charitable activities 12,636 12,636
12,636 12,636
Analysis ofResource Distribution for the Linked Trust
Income Expenditure Surplus/(deficit)
2021
6
2021 2021f
Voluntary 222,597 222,597
Fundraising 16,519 (16,519)
Investments 185,818 185,818
Charitable Activity Care 4,507,178 4,614,504 (107,326)
Day care 213,474 280,950 67,476
5,129,067 4,911,973 217,094
Charitable Activity expenditure can be analysed by the following activities:
Care and Support Services for people with learning disabilities 4,614,504
Day Centre 280,950
4 555,454

Auditors
Remunerati
on 2021 2020
8 2
Audit fee 5,000 4,800
Other Services- Payroll 9,048 6,214
Additional work on 2020 year end client account 2,000
Accounts preparation and client account examination 5,000 5,200
21 048 16,214
Analysis
ofstaff costs
and trustee remuneration and expenses
Staff Costs
2021f 2020
For the linked charity in total for the year:-
Wages
& salaries
4,050,162 3,798,789
Staff insurance
costs
30,999 31,045
Social security costs 264,153 254,032
Pension costs- defined contributions 78,608 69,850
4,423,922 4,153,716
The average
number
of employees, analysed by function for the whole linked charity was:-
No. No.
Care and support services for people with learning disabilities 201 202
Administration 12 14
213 216

Tangible fixed as sets
Freehold
The Rossendale Trust Land and
Buildings
f
Totalf
Cost or valuation
At 1 April 2020 776,368 776,368
Disposal
At 31 March 2021 776,368 776,368
Depreciation
At 1 April 2020 82,470 82,470
Disposal
Charge for year 12,636 12,636
At 31 March 2021 95,106 95,106
Net book value
At 31 March 2021 681,262 681,262
Net book value
At 31 March 2020 693,898 693,898
Freehold
buildings
2021f 2020
Rossendale
Hall at valuation/cost
330,448 337,432
Bank Street 350,814 358,488
681,262 893,898
Freehold Furniture
The Rossendale Trust Limited Land and Motor Computer &
Buildings
F
Vehicles
f
Equipment
f
Equipment Totalf
Cost or valuation
At 1 April 2020 1,067,979 218,470 48,067 115,077 1,449,593
At 31 March 2021 1 067,979 218,470 48,067 115,077 1,449,593
Depreciation
At 1 April 2020 40,642 159,063 48,067 108,395 356,167
Charge for year 16,380 25,540 2,263 44,183
At 31 March 2021 57,022 184,603 48,067 110,658 400,350
Net book value
At 31 March 2021 1,010,957 33,867 4,419 1,049,243
Net book value
At 31 March 2020 1,027,337 59,407 8,882 1,093,426
Freehold
buildings
2021f 2020f
Media Centre 137,788 140,992
Braeside 337,740 342,980
Thirlmere 237,023 240,719
Maple Avenue 298,406 302,888
1,010,957 1,027,337

Fixed asset investment
The Rossendale
Trust Limited
2021 2020
8 8
Rental Property -3 Leafleld Road Chapel
Market value brought
forward
215,000 200,000
Add net gain (loss) on revaluation
Market value as at 31 March 2021
215,000 15,000
215,000

Greene King Shares Greene King Shares
Market value brought forward 23,848
Disposal
Add net gain (loss) on
revaluation (30,464)
6,616
Market value as at 31 March 2021
Investment
at the
closing market value on the London Stock Exchange:-
Equlties - 100% 23,848
13 Debtors
The Rossendale Trust Limited
Debtors for fees 411,711 357,113
Prepayments 55,998 42,422
Other debtors 37,113 18,609
Gift aid 6,400
504,822 424,544
14 Creditors: amounts falling due within one year
The Rossendale Trust Limited
Mortgage 8,045 9,334
Creditors 63,078 23,082
Taxation and social security 73,969 59,611
Accruals
and deferred
income 310,024 229,505
455,116 321,532
15 Creditors: Amounts falling due after more than one year
Mortgage 172,941 129,482

Funds
Incoming Outgoing Investmsnt 31 March
The Rossendale Trust 1 April 2020
5
Resources
6
Resources Gain 2021f
Endowment
Fund
Hovis Pleasance 752,902 752,902
Unrestricted
Funds
General accumulated funds 290,330 12,636 277,694
1,043,232 1,030,596
Ths Rossendale Trust Limited
Unrestricted
Funds
General
accumulated
funds 1,322,055 5,016,372 4,839,762 1,498,665
Designated
funds
29,882 29,882
1,394,240 5,018,372 4,839,762 1,528,547
Restricted
Funds
Oakwood
project
9,000 15,000 16,000 8,000
Oakwood
vehicle
Worktaste 4,452 47,909 52,3B1
Horticulture 20,000 336 3,825 16,511
Oakwood
music
3,600 3,800
Oakwood
health
37,150 37,150
Oakwood
leisure
25 25
Oakwood
art and
craft 373 373
Oakwood
Cookery
598 598
Paintings 778 778
Cheshire
Advocacy
2,304 2,304
Harold
Gormley Cabin
12,535 8,500 21,035
Oakwood
Drama
142 142
50,207 112,695 72,211 90,691
Total Funds 2,487,679 5,129,067 4,924,609 2,649,834

Reconciliation
ofnet movement
In funds
to net cash flow fro m operating
activities
2021
E
2020f
Net movement
In funds
204,458 (2,360)
Add back depreciation
charge
56,819 67,347
(Gains)/losses
on investments
(21,616)
Add loss on sale of fixed assets (52,076)
Deduct interest income shown
in investing
activities (185,818) (186,236)
Decrease (increase)
in debtors
Increase (decrease)
in creditors
(80,278)
177,043
(85,382)
171,956
Netcashusedlnoperating
activities
172,224 108,367