OpenCharities

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2020-12-31-accounts

Pages
Trustees'AnnualReport 2to3
IndependentExaminer'sReport 4
StatementofFinancialActivities 5
SummaryIncomeandExpenditureAccount 6
BalanceSheet 7
StatementofCashflows 8
NotestotheAccounts 9to 14
DetailedStatementofFinancialActivities 15to 16

Unrestricted
funds Totalfunds Totalfunds
2020 2020 2019
Notes £ £ £
Incomeandendowments
from:
Donationsandlegacies 4 38,863 38,863 45,397
Charitableactivities 5 19,615 19,615 43,712
Total 58,478 58,478 89,109
Expenditureon:
Raisingfunds 6 15,459
Charitableactivities 7 48,680 48,680 78,777
Other 8 1,828 1,828 852
Total 50,508 50,508 95,088
Netgainsoninvestments
Netincome/(expenditure) 7,970 7,970 (5,979)
Transfersbetweenfunds
Netincome/(expenditure)
beforeothergains/(losses)
7,970 7,970 (5,979)
Othergainsandlosses
Netmovementinfunds 7,970 7,970 (5,979)
Reconciliationoffunds:
Totalfundsbroughtforward 2,049 2,049 8,028
Totalfundscarriedforward 10,019 10,019 2,049
2020 2019
£ £
Income 58,478 89,109
Grossincomefortheyear 58,478 89,109
Expenditure 50,508 95,088
Totalexpenditurefortheyear 50,508 95,088
Netincome/(expenditure)beforetax
fortheyear 7,970 (5,979)
Netincome/(expenditure)fortheyear 7,970 (5,979)

CompanyNo. 07702324 Notes 2020 2019
£ £
Currentassets
Debtors 10 550 so
Cashatbankandinhand 9,491 2,259
10,041 2,309
Creditors:Amountfallingduewithinoneyear 11 (22) (260)
Netcurrentassets 10,019 2,049
Totalassetslesscurrentliabilities 10,019 2,049
Netassetsexcludingpensionassetorliability 10,019 2,049
Totalnetassets 10,019 2,049
Thefundsofthe charity
Restrictedfunds 12
Unrestrictedfunds 12
Generalfunds 10,019 2,049
10,019 2,049
Reserves 12
Totalfunds 10,019 2,049
2020 2019
£ £
Cashflowsfromoperatingactivities
Netincome/(expenditure)perStatementofFinancialActivities 7,970 (5,979)
Adjustmentsfor:
(lncrease)/Decreaseintradeandotherreceivables (500) 500
(Decrease)/lncreaseintradeandotherpayables (238) 460
Netcashprovidedby/(usedin)operatingactivities 7,232 (5,019)
Netcashfrominvestingactivities
Netcashfromfinancingactivities
Netincrease/(decrease)incashandcashequivalents 7,232 (5,019)
Cashandcashequivalentsatthebeginningoftheyear 2,259 7,278
Cashandcashequivalentsattheendoftheyear 9,491 2,259
Componentsofcashandcashequivalents
Cashandbankbalances 9,491 2,259
9,491 2,259

Fund accounting
Unrestrictedfunds Theseareavailableforuseatthediscretionofthetrusteesinfurtherance ofthe
generalobjectsofthecharity.
Designatedfunds Theseareunrestrictedfundsearmarkedbythetrusteesforparticularpurposes.
Revaluationfunds Theseareunrestrictedfundswhichincludearevaluationreserverepresentingthe
restatementofinvestmentassetsattheirmarketvalues.
Restrictedfunds Theseareavailableforusesubjecttorestrictionsimposedbythedonororthrough
termsofanappeal.
**Income **
Recognitionofincome IncomeisincludedintheStatementofFinancialActivities(SoFA)whenthecharity
becomesentitledto,andvirtuallycertaintoreceive,theincomeandtheamountof
theincomecanbemeasuredwithsufficientreliability.
Incomewithrelated Whereincomehasrelatedexpendituretheincomeandrelatedexpenditureis
expenditure reportedgrossintheSoFA.
Donationsandlegacies Voluntaryincomereceivedbywayofgrants,donationsandgiftsisincludedinthe
theSoFAwhenreceivableandonlywhentheCharityhasunconditional
entitlementtotheincome.
Taxreclaimsondonations IncomefromtaxreclaimsisincludedintheSoFAatthesametimeasthe
andgifts gift/donationtowhichitrelates.
Donatedservicesand Theseare onlyincludedinincome(withanequivalentamountinexpenditure)
facilities wherethebenefittotheCharityisreasonablyquantifiable,measurableand
material.
Volunteerhelp Thevalueofanyvolunteerhelpreceivedisnotincludedintheaccounts.
Investmentincome Thisisincludedintheaccountswhenreceivable.
offixedassets
Gains/(losses)onrevaluation
Thisincludesanygainorlossresultingfromrevaluinginvestmentstomarketvalue
attheendoftheyear.
Gains/(losses)oninvestment Thisincludesanygainorlossonthesaleofinvestments.
**Expenditure **
Recognitionofexpenditure Expenditureisrecognisedonanaccrualsbasis.ExpenditureincludesanyVATwhich
cannotbefullyrecovered,andisreportedaspartoftheexpendituretowhichit
relates.
Expenditureonraisingfunds Thesecomprisethecostsassociatedwithattractingvoluntaryincome,fundraising
tradingcostsandinvestmentmanagementcosts.
Expenditure oncharitable ThesecomprisethecostsincurredbytheCharityinthedeliveryofitsactivitiesand
activities servicesinthefurtheranceofitsobjects,includingthemakingofgrantsand
governancecosts.
Grantspayable Allgrantexpenditureisaccountedforonanactualpaidbasisplusanaccrualfor
grantsthathavebeenapprovedbythetrusteesattheendoftheyearbutnotyet
paid.
Governancecosts Theseincludethosecostsassociatedwithmeetingtheconstitutionalandstatutory
requirementsoftheCharity,includinganyaudit/independentexaminationfees,
costslinkedtothestrategicmanagementoftheCharity,togetherwithashare of
otheradministrationcosts.
Otherexpenditure Thesearesupportcostsnotallocatedtoaparticularactivity.

3 StatementofFinancialActivities-prioryear
Unrestricted
funds
2019
£
Incomeandendowmentsfrom:
Donationsandlegacies 45,397
Charitableactivities 43,712
Total 89,109
Expenditureon:
Raisingfunds 15,459
Charitableactivities 78,777
Other 852
Total 95,088
Net income (5,979)
Net incomebefore othergains/(losses) (5,979)
Othergainsandlosses:
Net movementinfunds (5,979)
Reconciliationoffunds:
Totalfundsbroughtforward 8,028
Totalfundscarriedforward 2,049
4 Incomefromdonationsandlegacies
Unrestricted Total
2020
£ £
Donations 2,891 2,891
BikeForStudents/Covid19/Support 30,822 30,822
MissionforEducation 3,400 3,400
Donation-Gandhillam/FloodRelief 1,750 1,750
38,863 38,863
5 Incomefromcharitableactivities
Unrestricted Total
2020
£ £
OtherProjects 8,256 8,256
BikeForStudents/Events 7,863 7,863
CharityBox 3,026 3,026
FloodRelief/Covid19/DramaSupport 470 470
19,615 19,615
6 **Expenditure on raising funds **
**Total **
2020
£
_Costs of generating voluntary income _
BikeForStudents/Covid19/Support
7 **Expenditure on charitable activities **
**Unrestricted ** **Total **
2020
£ £
_Expenditure on charitable activities _
OtherProjects 19,111 19,111
BikeForStudents/Events
FloodRelief/Covid19/DramaSupport 29,569 29,569
_Governance costs _
48,680 48,680
8 **Other expenditure **
**Unrestricted ** **Total **
2020
£ £
Employeecosts 204 204
Generaladministrativecosts 1,624 1,624
1,828 1,828
9 **Staffcosts **
Noemployeereceivedemolumentsinexcessof£60,000.
10 **Debtors **
2020
£
Prepaymentsandaccruedincome 550
550
11 **Creditors: **
amountsfallingduewithinoneyear
2020
£
Accrualsanddeferredincome 22
22
At 1 January
2020 Cashflows
£ £
2,259 7,232
2,259 7,232
2,259 7,232
**Unrestricted **
**funds ** **Total funds ** **Total funds **
2020 **2020 ** **2019 **
£ £ £
**Income and endowments from: **
Donationsandlegacies
Donations 2,891 2,891 2,254
BikeForStudents/Covid19/Support 30,822 30,822 38,960
MissionforEducation 3,400 3,400 2,783
Donation-Gandhillam/FloodRelief 1,750 1,750 1,400
38,863 38,863 45,397
Charitableactivities
OtherProjects 8,256 8,256 1,000
BikeForStudents/Events 7,863 7,863 41,319
CharityBox 3,026 3,026 1,393
FloodRelief/Covid19/DramaSupport 470 470
19,615 19,615 43,712
**Total income and endowments ** 58,478 58,478 89,109
**Expenditure on: **
Costsofgeneratingdonationsand
legacies
BikeForStudents/Covid19/Support 15,459
15,459
15,459
**Total of expenditure on raising funds **
Charitableactivities
OtherProjects 19,111 19,111 8,300
BikeForStudents/Events 70,477
FloodRelief/Covid19/DramaSupport 29,569 29,569
48,680 48,680 78,777
**Total of expenditure on charitable ** 48,680 48,680 78,777
**activities **
Employeecosts
Temporarystaff 204 204 373
204 204 373
Generaladministrativecosts,
includingdepreciationand
amortisation
Bankcharges 1,487 1,487 365
Software,ITsupportandrelated 137 137 114
costs
1,624 1,624 479
**Total of expenditure of other costs ** 1,828 1,828 852
Totalexpenditure 50,508 50,508 95,088
Netgainsoninvestments
Netincome/(expenditure) 7,970 7,970 (5,979)
Netincome/(expenditure)before
othergains/(losses)
7,970 7,970 (5,979)
OtherGains
Netmovementinfunds 7,970 7,970 (5,979)
Reconciliationoffunds:
Totalfundsbroughtforward 2,049 2,049 8,028
Totalfundscarriedforward 10,019 10,019 2,049