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|---|---|---|---|---|---|
|Trustees'
annual
report (incorporating
the|||director's|report)||
|Independent
auditor's|report to|the members||||
|Statement offinancial|activities|(including|income and|||
|expenditure
account)||||||
|Statement offinancial|position||||10|
|Statement ofcash flows||||||
|Notes to the financial|statements||||12|
|The following
pages|do not form part ofthe financial statements|||||
|Detailed statement
of|financial|activities|||21|
|Notes to the detailed|statement|offinancial|activities||22|
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|Reference|and administrative|and administrative|and administrative|details||||
|---|---|---|---|---|---|---|---|
|Registered|charity|name||Suncroft Donations|Trust|||
|Charity registration||number||1147134||||
|Company|registration||number|07936819||||
|Principal office and||registered||Hallswelle
House||||
|office||||1 Hallswelle
Road||||
|||||London||||
|||||NW11 DDH||||
|The trustees||||||||
|||||Mr M Feldman||||
|||||Mr J Feldman||||
|||||Mr S Feldman||||
|||||Mrs D Feldman||||
|||||Mr H Feldman||||
|Auditor||||GK &Co. LLP||||
|||||Chartered
accountants||&statutory|auditor|
|||||Hallswelle
House||||
|||||1 Hallswelle
Road||||
|||||London||||
|||||NW11 ODH||||
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|||||2021|2021|2020|
|---|---|---|---|---|---|---|
|||||Unrestricted|||
||||Note|funds
f|Totalfunds
E|Total funds
E|
|Income and endowments|||||||
|Donations
and legacies|||5|1,138,727|1,138,727||
|Investment
income|||6|6|6|33|
|Other income|||7|1,090,811|1,090,811|1,066,438|
|Total income||||2,229,544|2,229,544|1,066,471|
|Expenditure|||||||
|Expenditure
on charitable|activities||8,9|1,002,758|1,002,758|1.000,622|
|Total expenditure||||1,002,758|1,002,758|1,000,622|
|Net income and net movement||in funds||1,226,786|1,226,786|65,849|
|Reconciliation
offunds|||||||
|Total funds brought
forward||||13,964,665|13,964,665|13,898,816|
|Total funds carried forward||||15,191,451|15,191,ih51|13,964,665|
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|||||2021||2020|
|---|---|---|---|---|---|---|
||||Note|6|5||
|Fixed assets|||||||
|Tangible fixed assets|||13||19,343,941|19,343,941|
|Investments|||14||1||
||||||19,343,942|19,343,942|
|Current assets|||||||
|Cash at bank and in hand||||28,676||112,987|
|Creditors: amounts|falling|due within one year|15|4,181,167||5,492,264|
|Net current
liabilities|||||4,152,491|5,379,277|
|Total assets less current||liabilities|||15,191,451|13,964,665|
|Funds ofthe charity|||||||
|Unrestricted
funds|||||15,191,451|13,964,665|
|Total charity funds|||16||15,191,451|13,964,665|
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|||Year end|ed 28 February 2|021||
|---|---|---|---|---|---|
|||||2021|2020|
||||||r|
|Cash flows from operating||activities||||
|Net income||||1,226,786|65,849|
|Adjustments
for:||||||
|Other interest receivable
and similar income||||(6)|(33)|
|Interest payable|and similar|charges||174,625|197,489|
|Changesin:||||||
|Trade and other|debtors||||125|
|Trade and other|creditors|||(2,158)|65,125|
|Cash generated|from operations|||1,399,247|328,555|
|Interest paid||||(174,625)|(197,489)|
|Interest received||||6|33|
|Net cash from operating
activities||||1,224,628|131,099|
|Cash flows from financing||activities||||
|Proceeds from loans from group undertakings||||(1,308,939)|(47,300)|
|Net cash used
in|financing
activities|||(1,308,939)|(47,300)|
|Net (decrease)/increase
in||cash and cash|equivalents|(84,311)|83,799|
|Cash and cash|equivalents|at beginning|ofyear|112,987|29,188|
|Cash and cash|equivalents|at end ofyear||28,676|112,987|
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||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
|---|---|---|---|---|---|---|---|---|
||||||Funds|2021|Funds|2020|
||||||6|6|6|P|
||Donations||||||||
||Donations|receivable|||1,138,727|1,138,727|||
|6.|Investment||income||||||
||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||||Funds|2021|Funds|2020|
||||||F|6|6|8|
||Bank interest||receivable||6|6|33|33|
|7.|Other income||||||||
||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||||Funds
f|2021
8|Funds
6|2020
8|
||Rents receivable||||1,090,811|1,090,811|1,066,438|1,066,438|
|8.|Expenditure||on charitable|activities|by fund type||||
||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||||Funds
6|2021
f|Funds
8|2020
8|
||Donations|paid|||825,000|825,000|800,000|800,000|
||Support costs||||177,758|177,758|200,622|200,622|
||||||1,002,758|1,002,758|1,000,622|1,000,622|
|9.|Expenditure||on charitable|activities|by activity type||||
||||||Activities||||
||||||undertaken||Total funds|Total fund|
||||||directly Support costs||2021|2020|
||||||F|F|8||
||Donations|paid|||825,000||825,000|800,000|
||Governance||costs|||177,758|177,758|200,622|
||||||825,000|177,758|1,002,758|1,000,622|
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|Investments||||
|---|---|---|---|
|||Shares|in|
|||gr'oup||
|||undertakings||
|||8||
|Cost or valuation||||
|At 1 March 2020 and 28 February 2021||||
|Impairment||||
|At 1 March 2020 and 28 February 2021||||
|Carrying
amount||||
|At 28 February|2021||1|
|At 29 February|2020||1|
|All investments|shown above are held at valuation.|||
##
|Creditors|: amounts
falling due within one year|||
|---|---|---|---|
|||2021|2020|
|Amounts|owed to group undertakings|4,015,130|5,324,069|
|Other creditors||166,037|168,195|
|||4,181,167|5,492,264|
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||||||||At|
|---|---|---|---|---|---|---|---|
||||At|||28 February||
|||1|March 2020|Income|Expenditure||2021|
|||||6|E|||
|General|funds||13,964,665|2,229,544|(1,002,758)|15,191,451||
||||||||At|
||||At||29||February 2|
|||1|March 2019
6|Income|Expenditure
6||020
f|
|General|funds||13,898,816|1,066,471|(1,000,622)|13,964,665||
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|Analysis ofnet as|sets between funds|||
|---|---|---|---|
|||Unrestricted|Total Funds|
|||Funds|2021|
||||6|
|Tangible fixed assets||19,343,941|19,343,941|
|Investments||1|1|
|Current assets||28,676|28,676|
|Creditors less than|1 year|(4,181,167)|(4,181,167)|
|Net assets||15,191,451|15,191,451|
|||Unrestricted|Total Funds|
|||Funds|2020|
|Tangible fixed assets||19,343,941|19,343,941|
|Investments||1|1|
|Current assets||112,987|112,987|
|Creditors less than|1 year|(5,492,264)|(5,492,264)|
|Net assets||13,964,665|13,964,665|
##
|Analy|sis ofchan|ges
in net debt||||
|---|---|---|---|---|---|
||||||At|
||||At 1 Mar 2020|Cash flows|28 Feb 2021|
|Cash|at bank and|in hand|112,987|(84,311)|28,676|
|Debt|due within one year||(5,324,069)|1,308,939|(4,015,130)|
||||(5,211,082)|1,224,628|(3,986,454)|
##
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|||2021|2020|
|---|---|---|---|
|||6|6|
|Income and endowments||||
|Donations
and legacies||||
|Donations
receivable||1,138,727||
|Investment
income||||
|Bank interest receivable|||33|
|Otherincorne||||
|Rents receivable||1,090,811|1,066,438|
|Total income||2,229,544|1,066,471|
|Expenditure||||
|Expenditure
on charitable|activities|||
|Legal and professional fees||3133|3,133|
|Other interest payable and similar charges||174,625|197,489|
|Donations
paid||825,000|800,000|
|||1,002,758|1,000,622|
|Total expenditure||1,002,758|1,000,622|
|Net income||1,226,786|65,849|
##
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|||Year ended|28 February 2|021||
|---|---|---|---|---|---|
|||||2021|2020|
|||||6|6|
|Expenditure|on charitable activities|||||
|Donations|paid|||||
|Activities undertaken||directly||||
|Donations
paid||||825,000|600,000|
|Governance|costs|||||
|Governance|costs - audit fees|||3,000|3,000|
|Governance|costs - legal and other professional||fees|133|133|
|Bank charges, interest||and finance fees payable||174,625|197,489|
|||||177,758|200,622|
|Expenditure|on charitable activities|||1,002,758|1,000,622|