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2021-01-31-accounts

General
Information
Trustee's
Report
2-6
Independent
Auditor's
Report 7-9
Statement
of Financial
Activities 10
Balance Sheet
Summary
of Cash Flaws
12
Notes to the Accounts 13-16
TRUSTEES: J Iulewett
EBell
N Boyd Jappointed 10June 2021l
6 Dunstan
C Fiery JresiBned 10June 2022)
L Haselhurst
KMcDonald
CWelsh
D Worth
TREASURER: D Worth
REGISTERED OFFICE' Trade House
Mead Avenue
Houndstone Business Park
Yeovil
Somerset
BA22 BRT
REGISTERED CHARITY NO: 11613/5
COMPANY NLIMBER: DB416662
AUDITOR; Milsted
Langd
on LLP
Mo'tivo House
Alvington
Yeovi!
BA20 2FG
BANKERS: HSBC Bank Pic
Regional gesvlce Centre
PO Box125
2nd floor
62.76 Park Street
London
SE1BDZ

2021 2021 2021 2020
Unrestncted
Notes Unrestricted
Fund
Restricted Fund Total Fund
E
INCOME
Donations
8 leganes
1,975,830 52,000 2,027,830 1,268,016
TOTAL INCOME R975,830 52,000 2,027,830 1,768,016
EXPENDITURE
Co~ts ofraising funds 216 216 602
Expenditure
on chantable
activities 1,999,585 D999,585 1,127,820
TOTAL EXPENDITURE 1,999,801 1,999,801 1,128,422
NET INCOIYIE AND NET MOVEMENT IN FUF!OSFOR THE YEAR f23.971) 52,000 28,029 139,594
RECONCILIATION
OF FUNDS
TOTAL FUNDS BROUGHT FORWARD 490,043 490,043 350,449
TOTAL FUNDS CARRIED FORWARD 466,072 52,000 518,072 490.043
THE SCREWFIX FOUNDATION
5UMMARY OF CASH FLOW5
FORTHE YEAR 'ENDED 31(ANUARY 2021
Total Funds Total Funds
20Z1 2020
E
Note
Net cash (used(/generated in operating activities 10 (75,664l 203,311
Change m cash and cash equivalents in the year (75,664) 203,311
Cash and
Cash and
cash equivalent
cash equivalents
brought
carried
forward
forward
356,629
280,965
153,319
356,629

2 INCOME FROM DONATIONS
Unrestricted funds Restricted funds Tote I
2021 2020
E E
Pennies
Raffle
1,57Q,591
270,937
1,570,591
270,937
399,884
499,097
Dana\iona
from Kingfisher
PLC
Screwfix Pound match
Store fundraising
Paydaylottery
Dept. fund raising
Just Givlllg
Carrier bags NSample sales
Sale of Pawerbanks
ChaI Ities Trust
49,544
35,087
27,764
'15.688
4,787
1,256
124
51
52,000 52,000
49,544
35,087
27,764
15,688
4,78'7
1,256
124
51
157.037
126,120
28,922
23,960
18,543
14,032
356
65
1,975,830 52,000 2,027830 1268,016
Amounts
included abave relating ta restricted
funds total E52000(2020: Enil )
Unrestricted
funds
Restricted funds Total
20?1 2020
E E
Grants- local charities
Grants -national
chwities
1,871,775
145,000
1,871,775
145,000
1,077,173
44,000
Pdior year grants not taken
Governance
casts (note 4)
tnsurance
up (23,8891
5,439
1,260
(23,889)
5439
1,260
4,6S5
1,945
47
gankfees 1,999,585 1,999,585 1,127,820

Unrestricted funds Restncted funds Total
ZOZ1 Z070
6 6
Audit fee 4,747 4,747 3,738
Cambling commission and local authority fees 692 692 917
5,439 5,439 4,655
cluded above relating to restricted funds total fing (2020:Enil.)
DESTORS:AMOUNTS DUEWITHIN QNEYEAR
2021 2D20
f
Amounts dve to be paid by Screwfix 9,710 90,765
Accrued donations 257,163 79,140
266,873 169,90S
CREDITORS: AMOUNTS FALIING DUEWITHINONEYEAR
2021 2020
6 f
Trade c~ed)tora 2,766
Committed donation grants 23,500 32,989
Accruals 3,500 3,600
29,766 36,489

2021 202D
1 E
Net movement in hrnds 28,029 139,594
(Increase)/decrease m debror» (96,9681 259,392
Decrease in creditors (6,725) (195,675)
Net cash (used m)/generatr'. d from operating activities (75.664) 203,311
FUNDS
Balance as
at 31
Incoming Resources January
Balance atI February 2020 resources expended 2021
E E 1
Unrestncted funds 490,043 1,975,83D (1,999,801j 466,072
Total ur restricted funds 490,043 1,975,830 (1,999,801) 466,072
Restricted funds
Foundauon manager 52,000 52,DDD
Total restricted funds 5'2,000 52,000
Totalfunds 490,043 Z,027,830 (1,999,801) 518,072
Balance as
at31
Incoming Resources January
Balance at1February2019 resources experded 2020
6 E 1
Uhregwicted funds 350,449 1,268,016 (1,128,422) 490,043
Total unrestricted funds 350,449 2,268,016 (1,128422) 490,043
Totalfunds 350,449 1,268,D16 (1,128,4221 490,043
ANAI.YS ISOF NET ASSETS BETVIEEN FUNDS
Unrestricted
funds Restricted fiends Total
2021
Current assets 495,838 52,000 547,838
Current liabilities (29,766) (29,766l
Total net assets 466,072 52000 518,072