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|Trustees'
annual
report (incorporating|||the|director's|report)||
|Independent
examiner's
report||to the|trustees||||
|Statement
offinancial|activities|(including||income and|||
|expenditure
account)|||||||
|Statement
offinancial|position||||||
|Notes to the financial|statements||||||
|The following
pages|do not form part ofthe financial statements||||||
|Detailed statement
of|financial|activities||||20|
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||||||2020||2019|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|||
||||Note|funds|funds|Total funds
f|Total funds
E|
|Income and endowments||||||||
|Donations
and legacies||||43,601|5,328|48,929|123,047|
|Total income||||43,601|5,328|48,929|123,047|
|Expenditure||||||||
|Expenditure
on charitable||activities|6,7|51,473|14,432.|65,904|111,378|
|Total expenditure||||51,473|14,432|65,904|111,378|
|Net (expenditure)/income||and net||||||
|movement
in funds||||(7,872)|(9,104)|(16,976)|11,669|
|Reconciliation
offunds||||||||
|Total funds brought|forward|||79,755|32,989|112,744|101,076|
|Total funds carried|forward|||71,883|23,885|95,768|112,745|
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|31August|202|0||||||
|---|---|---|---|---|---|---|---|
|||||||2020|2019|
||||||Note|F|E|
|Fixed assets||||||||
|Tangible fixed assets|||||13|476|1,124|
|Investments|||||14|20,000|20,000|
|||||||20,476|21,124|
|Current assets||||||||
|Debtors|||||15|2,097|1,482|
|Cash at bank|and|in|hand|||75,396|92,963|
|||||||77,493|94,445|
|Creditors: amounts|||falling|due within one year||2,201|2,825|
|Net current assets||||||75,292|91,620|
|Total assets|less|current||liabilities||95,768|112,744|
|Net assets||||||95,768|112,744|
|Funds ofthe charity||||||||
|Restricted
funds||||||23,885|32,989|
|Unrestricted|funds|||||71,883|79,755|
|Total charity|funds|||||95,768|112,744|
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|wound
up the members
would be lim
Donations
and legacies|ited to a liability ofE1 each.|||
|---|---|---|---|
||Unrestricted|Restricted|Total Funds|
||Funds|Funds|2020|
||E|||
|Donations||||
|Donations|43,481|4,528|48,009|
|Grants||||
|Grants receivable|120|800|920|
||43,601|5,328|48,929|
||Unrestricted|Restricted|Total Funds|
||Funds|Funds|2019|
||E|E|E|
|Donations||||
|Donations|72,314|38,957|111,271|
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||||||Unrestricted|Restricted|Total Funds|
|---|---|---|---|---|---|---|---|
||||||Funds|Funds|2019|
|||||||E|F|
||Grants|||||||
||Grants receivable|||||11,776|11,776|
||||||72,314|50,733|123,047|
|6.|Expenditure|on charitable|activities|by fund type||||
|Expenditu|re
on charitable
activities|by fund type|||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2020|
|||E|E||
|Charitable
activities
Support costs||35,866
15,607|14,224
208|50,090
15,814|
|||51,473|14,432|65,904|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2019|
|||E|E||
|Charitable
activities
Support costs||44,726
20,687|45,759
206|90,483
20,895|
|||65,413|45,965|111,378|
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|Expenditu|re
on charitable
ac|tivities
by activity typ|e|||||
|---|---|---|---|---|---|---|---|
|||Activities||||||
|||undertaken|||Total|funds|Total fund|
|||directly|Support|costs||2020|2019|
|||||E||E|E|
|Charitable|activities|50,090||15,814||65,904|111,378|
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|||Analysis of|||
|---|---|---|---|---|
|||support costs|||
|||activity
1|Total 2020|Total 2019|
|||||E|
|Staff costs
Premises||11,575
259|11,575
259|11,301
264|
|Communications|and IT|547|547|420|
|General office||97|97|121|
|Human
resources||647|647|647|
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|Ye|ar ended 31 August||2|02|0||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||Finance costs
Bank charges|||||||||632
132|632
132|721
144|
||Consultancy
Professional
fees
Payroll costs|||||||||1,620
305|1,620
305|1,200
5,784
293|
|||||||||||15,814|15,814|20,895|
|9.|Net (expenditure)/income||||||||||||
||Net (expenditure)/income|||is stated after||||charging/(crediting):|||||
||Depreciation
oftangible||fixed||assets||||||2020
f
648|2019
E
647|
|10.|Independent
examination|||fees|||||||||
||||||||||||2020|2019|
||Fees payable
to the independent|||||examiner for:||||||E|
||Independent
examination|||ofthe financial||||statements|||528|420|
|11.|Staff costs||||||||||||
||The total staff costs and||employee|||benefits for|||the reporting|period are analysed as follows:|||
||||||||||||2020|2019|
|||||||||||||E|
||Wages and salaries
Employer
contributions|to||pension||plans|||||42,806
760|67,753
739|
||||||||||||43,566|68,492|
||The average
head count of employees
full-time
equivalent
employees
during||||||during
the year was 4 (2019:4). The average
the year is analysed as follows:|||||number
of|
|||||||||||||2019|
|||||||||||||No.|
||Development|||||||||||3|
||Administration|||||||||||1|
|||||||||||||4|
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|Tangible fixed assets||
|---|---|
||Equipment|
||E|
|Cost||
|At 1 September 2019and 31August 2020|2,190|
|Depreciation||
|At 1 September 2019
Charge for the year|1,066
648|
|At 31August 2020|1,714|
|Carrying
amount||
|At 31August 2020|476|
|At 31 August 2019|1,124|
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||Other|
|---|---|
||investments|
||f.|
|Cost or valuation||
|At 1 September 2019|20,000|
|Additions||
|At 31August 2020|20,000|
|Carrying
amount||
|At 31August 2020|20,000|
|At 31 August 2019|20,000|
##
|All investments
Debtors|shown above are held at valuation.|||
|---|---|---|---|
|||2020|2019|
|||F|E|
|Prepayments
Other debtors|and accrued income|1,739
358|962
520|
|||2,097|1,482|
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|Creditors: amounts
f|alling due within one year|||
|---|---|---|---|
|||2020|2019|
|Trade creditors||1,701|2,138|
|Accruals and deferred|income|500|420|
|Social security and other taxes|||267|
|||2,201|2,825|
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|Restricte|d|funds||||||
|---|---|---|---|---|---|---|---|
||||Fund||||Fund|
||||balance||||balance|
||||brought|Income and||Fund|carried|
||||forward
F|endowments|Expenditure|Transfers
E|forwardf|
|Grow Stonehouse|||12,877|1,028|(9,634)||4,271|
|Millfields|Inspired|||||||
|Community||Support|6,044||(1,137)||4,907|
|¹Inspireme|||14,068|800|(3,661)||11,207|
|Immersive||Theatre||||||
|Project||||3,500|||3,500|
|Total|||32,989|5,328|(14,432)||23,885|
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|Unr|estricted
funds||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||Fund|||||||||Fund|
||||||balance|||||||||balance|
||||||brought||Income||and||||Fund|earned|
||||||forward
E|endowments
f|||||Expenditure
E||transfers|forward|
||General
fund
Staff Contingency||||29,138|||43,601||||(51,213)||21,526|
||Reserve||||27,000|||||||||27,000|
||Community
Engagement||||||||||||||
||Grant
Innovation
Reserve
Revalutation
Reserve
Nethercott
Farm||||875
7,375
15,000
367|||||||(260)||615
7,375
15,000
367|
||Total||||79,758|||43,601||||(51,473)||71,883|
|19.|Analysis of net assets between funds||||||||||||||
||||||||||||Unrestricted||Restricted|Total Funds|
|||||||||||||Funds|Funds|2020|
|||||||||||||E|||
||Tangible fixed assets|||||||||||452|24|476|
||Investments
Current assets
Creditors less than|1|year|||||||||20,000
52,498
(2,201)|24,995|20,000
77,493
(2,201)|
||Net assets|||||||||||70,749|25,019|95,768|
||||||||||||Unrestricted||Restricted|Total Funds|
|||||||||||||Funds|Funds|2019|
|||||||||||||E|||
||Tangible
fixed assets
Investments
Current assets
Creditors less than
1||year|||||||||892
20,000
61,688
(2,825)|232
32,757|1,124
20,000
94,445
(2,825)|
||Net assets|||||||||||79,755|32,989|112,744|
|20.|Financial
instruments||||||||||||||
||The carrying
amount||for each||category offinancial|||||instrument||is as follows:|||
||||||||||||||2020
f|2019
E|
||Financial assets that are debt instruments|||||||measured|||at amortised||cost||
||Financial assets that||are debt||instruments||measured|||at|amortised||||
||cost||||||||||||358|520|
||Financial
liabilities||measured||at amortised|||cost|||||||
||Financial
liabilities|measured||at amortised|||cost||||||1,701|2,138|
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