2020-12-31-accounts - The Association Of Woodturners Of Great Britain

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Trustees	P I Hannaby
	J Belcher
	D Puplett
	D Crisp	(Appointed 27 January 2020)
	S Evans
	P Irons
	M Mansfield
	B Milham	(Appointed 27 January 2020)
	B Mouat
	J Peachey
	J Brookes	(Appointed 25 March 2020)
Charity number	1150255
Company number	8135399
Registered office	36 Crown Rise
	Watford
	Hertfordshire
	WD25 ONE
Independent examiner	John Wilson FCAATII
	Howard Wilson Chartered Accountants
	36 Crown Rise
	Watford
	Hertfordshire
	WD25 ONE
Bankers	Santander UK pic
	Bridle Road
	Bootle
	Merseyside
	L30 4GB

Current financial year
		Unrestricted	Restricted	Total	Total
		funds	funds
		2020	2020	2020	2019
	Notes
Income and endowments from:
Voluntary Income	3	32,799	-	32,799	16,477
Charitable activities	4	60,710	2,973	63,683	58,908
Investments	5	210	-	210	232
Other income	6	2,422		2,422	6,636
Total income		96,141	2,973	99,114	82,253
Expenditure on:
Raising funds		23,008	-	23,008	20,964
Charitable activities		49,832	3,961	53,793	59,315
Total resources expended		72,840	3,961	76,801	80,279
Net income/(expenditure) for the year/
Net movement in funds		23,301	(988)	22,313	1,974
Fund balances at 1 January 2020		68,695	5,506	74,201	72,227
Fund balances at 31December 2020		91,996	4,518	96,514	74,201

Prior financial year
		Unrestricted	Restricted	Total
		funds	funds
		2019	2019	2019
	Notes
Income and endowments from:
Voluntary Income	3	16,477		16,477
Charitable activities	4	58,908		58,908
Investments	5	232		232
Other income	6	6,636		6,636
Total income		82,253	-	82,253
Expenditure on:
Raising funds	7	20,964	-	20,964
Charitable activities	8	57,894	1,421	59,315
Total resources expended		78,858	1,421	80,279
Net income/(expenditure) for the year/
Net movement in funds		3,395	(1,421)	1,974
Fund balances at 1 January 2019		65,300	6,927	72,227
Fund balances at 31December 2019		68,695	5,506	74,201

	20202019	20202019
Notes
Fixed assets
Investments12
Current assets
Debtors13	581	34,977
Cash at bank and in hand	112,379	62,694
	112,960	97,671
Creditors: amounts falling due within
one year14	(16,447)	(23,471)
Net current assets		96,513	74,200
Total assets less current liabilities		96,514	74,201
Income funds
Restricted funds16		4,518	5,506
Unrestricted funds		91,996	68,695
		96,514	74,201

Investments
	Unrestricted	Unrestricted
	fundsfunds
	2020	2019
Interest receivable	210	232
Other income
	Unrestricted	Unrestricted
	funds	funds
	2020	2019
Other income	1,223	182
Training income	85	4,025
Advertising	1,114	2,429
	2,422	6,636
Raising funds
	Unrestricted	Unrestricted
	funds	funds
	2020	2019
Costs of generating voluntary income
Advertising	684	90
Other fundraising costs	22,324	20,874
	23,008	20,964

	Membership	Grants to	Total	Total
	activities	Members	2020	2019
Training costs	5,132	_	5,132	11,957
Show costs	799		799	7,561
Premises costs	224	-	224	-
Insurance costs	7,210	-	7,210	5,885
Office costs	9,334		9,334	6,462
Travel and subsistence costs	5,008	-	5,008	6,147
General expenses	53		53	40
Legal and professional costs	774		774	-
Governance costs	576		576	2,854
Bank charges and other finance costs	247	-	247	208
	29,357	-	29,357	41,114
Grant funding of activities (see note 9)	-	24,436	24,436	18,201
	29,357	24,436	53,793	59,315
Included within governance costs are independent examiner's fees		of 576 (2019 - 576) and AGM fees
ofnil(2019-1,370).

	2020	2019
Grants to branches:
Other	24,436	18,201

12	Fixed asset investments
				Other
				investments
	Cost or valuation
	At 1 January 2020 & 31 December 2020
	Carrying amount
	At 31 December 2020			1
	At 31 December 2019			1
			2020	2019
	Other investments comprise:	Notes
	Investments in subsidiaries	20	1	1
13	Debtors
			2020	2019
	Amounts falling due within one year:
	Trade debtors		581	1,891
	Other debtors			33,086
			581	34,977
14	Creditors: amounts falling due within one year
			2020	2019
		Notes
	Deferred income	15	13,259	22,798
	Other creditors		2,688	173
	Accruals and deferred income		500	500
			16,447	23,471