2020-07-31-accounts

						Page
Trustees' Annual Report						1-3
Independent Examiner's		Report
Statement ofFinancial	Activities		(including	the income and expenditure	account)	5
Balance Sheet
Notes to the Financial	Statements					7-12

				Unrestricted	Restricted	Tota I Funds	Tota I Funds
				Funds	Funds	2020	2019
			Note			F
Income From
Donations				117,183	0	117,183	104,674
Investment income				94	0	94	181
Charitable activities				56,201	0	56,201	51,137
				173,478	0	173,478	155,992
Expenditure on:
Charitable activities				191,151	0	191,151	154,522
Governance costs				1,560	0	1,560	1,800
Total Resources Expended				192,711	0	192,711	156,322
Net Income (Expenditure)		for the year		(19,233)	0	(19,233)	(330)
Transfer between	Funds		13/14	0	0	0	0
Reconciliation of Funds
Total Funds Brought	Forward			66,877	0	66,877	67,207
Total Funds Carried Forward				47,644	0	4?,644	66,877

Balance s	heet at 3	1July 2020
				Notes	2020	2020	2019	2019
								f.
Current assets
Debtors
Debtors				11	1,542		1,034
Cash at bank and in		hand			58,637		74,955
					60,179		75,989
Creditors:	amounts	falling due within	1 year	12	12,535		9,112
Net current assets						47,644		66,877
Total assets less current liabilities				14		47,644		66,877
Incoming	Funds
Unrestricted	Funds			13		47,644		66,877
				14		47,644		66,677

			Unrestricted	Restricted	Total Funds Total Funds	Total Funds Total Funds
			Funds	Funds	2020	2019
Donations				f
Donations		and Sponsorship	115,097	0	115,097	99,712
Gifts
Gift Aid	income tax repayments		592	0	592	3,485
Grants	Receivable		1,494	0	1,494	1,477
			117,183	0	117,183	104,674

3 Investment		Income					Unrestricted	Unrestricted
							Funds	Funds
							2020	2019
Bank interest		receivable					94	181
4 Income	from charitable			activities
					Unrestricted	Restricted	Total Funds	Total Funds
					Funds	Funds	2020	2019
Advertising	Income				6,080	0	6,080	4,216
Magazine	subscriptions,		sales and App		46,456	0	46,456	44,321
Tour Income					3,665	0	3,665	2,600
					56,201	0	56,201	51,137

5 Expendi	tu	re on char	itable activities	.
				Unrestricted	Restricted	Total	Total
				Funds	Funds	Funds	Funds
						2020	2019
Costs directly allocated to activities
Advertising				0	0	0	0
Marketing				739	0	739	41,115
Magazine	Printing costs			11,902	0	11,902	13,614
Editorial				27,210	0	27,210	31,680
illustrations				5,654	0	5654	3541
Listings				0	0	0	1 379
Contributor		costs		8,456	0	8,456	9,571
Website				24,571	0	24,571	6,168
Application				846	0	846	820
Magazine	design			8,952	0	8,952	9,542
Magazine	Production			88,330	0	88,330	117,430
Support costs allocated to activities
Staff costs				86,292	0	86,292	16,726
Events				0	0	0	210
Rent				3,600	0	3600	3710
Telephone	& IT			4,074	0	4 074	4 769
Subscription		services		8,295	0	8,295	9,800
Depreciation				0	0	0	0
Accountancy		costs		193	0	193	175
Sundries				367	0	367	1,702
Support Costs				102,821	0	102,821	37,092
				191,151	0	191,151	154,522
6 Other -	Governance		costs	Unrestricted	Restricted	Total	Total
				Funds	Funds	Funds	Funds
						2020	2019
					f
Independent		Examiners	Fee	1,560	0	1,560	1,800
				1,560	0	1,560	1,800

		Advertising		Magazine	Other costs	Tota I	Tota I
				Production		2020	2019
					R
Advertising				0	11,902	11,902	0
Marketing				739	0	739	41,115
Magazine	Printing costs			11,902	0	11,902	13,614
Editorial				27,211	0	27,211	31,680
illustrations				5,654	0	5,654	3,541
Listings				0	0	0	1,379
Contnbutors				8,456	0	8,456	9,5?1
Website				24,571	0	24,571	6,168
App				845	0	845	820
Magazine	design			8,952	0	8,952	9,542
Governance	costs			0	1,560	1,560	1,800
Support costs				102,821	0	102,821	37,092
			0	191,151	13,462	204,613	156,322

9Staff Costs			2020	2019
Salaries			115,168	78,360
Social Security			9,902	7,069
Pensions			2,346	1,340
			127,416	86,769
The average number	ofemployees	during the year was as follows:
			2020	2019
Administration			2	2
Editorial			2	1
Managerial			1	1

otes to the ac	counts	for the year ended 31 July 2020
11 Debtors			2020	2019
Trade debtors			350	300
Other debtors			1,192	734
			1,542	1,034
12Creditors:	amounts	falling due within one year	2020	2019
Trade creditors			1,458	1,411
Accruals			4,734	1,787
Deferred income			3,876	4,177
Other taxation	and social security		2,467	1,737
			12,535	9,112

13Unrestricted	funds
General fund:		2020	2019
At 1st August 2019		66,877	67,207
Income		173,478	155,992
Expenditure		(192,711)	(156,322)
At 31st July 2020		47,644	66,677

		Unrestricted	Restricted	Total
		funds	funds	2019f
Current assets		60,179	0	60,179
Creditors: amounts	falling due within one year	(12,535)	0	(12,535)
Total Funds		47,644	0	47,644