Registered number: 08556057 Charity numbers: 1152978 & SC048075
GIVE US TIME
(A Company Limited by Guarantee)
UNAUDITED
TRUSTEES' REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2021
GIVE US TIME
(A Company Limited by Guarantee)
CONTENTS
| Page | |
|---|---|
| Reference and Administrative Details of the Charity, its Trustees and Advisers | 1 |
| Trustees' Report | 2 - 4 |
| Independent Examiner's Report | 5 - 6 |
| Statement of Financial Activities | 7 |
| Balance Sheet | 8 |
| Notes to the Financial Statements | 9 - 18 |
(A Company Limited by Guarantee)
GIVE US TIME
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 30 SEPTEMBER 2021
| Trustees | Mr A G Mackie |
|---|---|
| Mr S M Parkinson | |
| Mr J J Pearson | |
| Mr M O Rogers | |
| Mr S Taylor | |
| Mr P B Watson | |
| Mrs B D L McKeeve (appointed 8 December 2020, resigned 28 May 2021) | |
| Mrs H Kendrick (appointed 1 October 2021) | |
| Company Registered Number 08556057 Charity Registered Numbers 1152978 and SC048075 Registered Office 81 Great Titchfield Street London W1W 6RD Accountants Streets Chartered Accountants 3 Wellbrook Road Girton Cambridge CB3 0NA Bankers Santander Bridle Road Bootle Merseyside L30 4GB |
Page 1
GIVE US TIME
(A Company Limited by Guarantee)
TRUSTEES' REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2021
The trustees present their annual report together with the financial statements of Give Us Time for the year 1 October 2020 to 30 September 2021. The Annual Report serves the purposes of both a trustees' report and a directors' report under company law. The trustees confirm that the Annual Report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2015) as amended.
In preparing this report, the trustees have taken advantage of the small companies exemptions provided by section 415A of the Companies Act 2006.
Objectives and Activities
Policies and Objectives
The objects of the Charity are to support armed forces personnel, their families and veterans through such charitable means as the trustees think fit and in particular:
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To support the morale of the armed forces personnel by giving support to their family units.
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To assist service families especially, but not exclusively those who have suffered loss or injury.
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To help both armed forces personnel and their families make the transition from military to civilian life; and to relive serving and former members of the armed forces and their dependants who are in need by virtue of their physical or mental health or their economic circumstances.
In setting the Charity’s objectives and planning its activities, the trustees have given careful consideration to and have complied with the Charities Act 2011, the Charity Commission’s and OSCR’s general guidance on public benefit.
Achievements and Performance
Business Support
The principal staff have provided continuity and have undergone specialist training to enable them to interact effectively with beneficiaries suffering from PTSD. We continue to benefit from our relationship with Black Arts Media, who enhance the quality of our public relations and media products; we are extremely grateful for their generous support.
Respite Breaks
The Charity managed to maintain the provision of individual breaks. There was a reduction in the number of beneficiaries supported at the beginning of the year, due to Covid-19 restrictions, its effect on travel and the tourism industry as a whole. The Give Us a Moment initiative continued to enable short donated day trips to local attractions which appealed to many in the current environment.
Fundraising Activities
The number and scope of fundraising events was necessarily limited due to Covid-19 restrictions. Smaller events have been possible and the diversification of our funding approach, including corporate approaches, helped to maintain an income. There is now a need to recover ground and restore reserves. Collections, on our behalf, by accommodation donors have remained limited as resorts closed as a result of the Pandemic.
Grants
We were fortunate to receive funds from The Veterans’ Foundation, National Lottery Community Fund and a number of individual donations.
Page 2
GIVE US TIME
(A Company Limited by Guarantee)
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2021
Donor Engagement
There was decrease in the number of breaks in the year ended 30 September 2021, offset in part by the Give us a Moment initiative. The principal donors were: Alexandra Hotel and Restaurant, Ashbourne Heights, Augill Castle, Bowland Fell, Captains Club Hotel, Cosy Guest House, Foxholes Castle Camping, Hengar Manor, Trevella Holiday Park, Sherwood Hideaway, Sundrum Castle and Turnberry Holiday Park. Travel restrictions meant that the Group break in Bulgaria and individual breaks with CLC World, Azure and House in Casamaggiore, were not possible.
Individual rooms, apartments or houses were available for family respite breaks in the UK only.
Wider engagement to find new donors, for week long breaks and the give us a moment initiative, continues. Our search for an airline sponsor remained on hold, due to the impact of Covid-19 on the industry but it will resume once the industry is more buoyant.
Marketing and Communication
Brand awareness continues to grow within the sector and we continue to focus our efforts on reaching key gatekeepers in order to reach: appropriate beneficiaries, accommodation and financial donors. Our network with the MoDs Tri Service welfare and recovery organisations and relevant service charities continues and the number of appropriate referrals is growing.
The charity's planned second conference, on the positive impact of respite breaks on military families, which was to launch the initial research conducted by Anglia Ruskin University (largely funded by Forces Mutual) remains on hold. It is clear that there has been no academic research into this area and further action may assist a range of charities.
The charity continued to enjoy some positive press coverage associated to Lady Kitty Spencer and our social media efforts have expanded in scope and scale to include podcasts: our following continues to grow.
Financial Review
Reserves Policy
The results for the year and the Charity’s financial position at the end of the period are shown in the attached financial statements. The charity held unrestricted funds at 30 September 2021 of £ 119,128 (2020: £ 162,264). The trustees consider there to be sufficient reserves at the year end.
Monies received in year have been spent on facilitating our beneficiaries’ respite breaks, compliance, maintaining the Charity’s infrastructure and ensuring efficient and effective business support.
Structure, Governance and Management
Constitution
Give Us Time is a registered charity in England and Wales, number 1152978, and in Scotland, number SC048075, and is also a company limited by guarantee, company registration number 08556057.
Trustees are appointed in accordance with the articles of association. No trustee has any beneficial interest in the charitable company. All directors are members of the company and guarantee to contribute £1 in the event of a winding up.
Page 3
GIVE US TIME
(A Company Limited by Guarantee)
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2021
Plans for Future Periods
The intention is to increase our ability to provide breaks in the UK and abroad, including the re launch one group holiday (Bulgaria), and maintain the Give Us a Moment offering. We will continue our endeavours to broaden our donor base, both finance and accommodation, so that we can assist more beneficiaries in the coming years.
We have applied for a number of awards including the Soldiering on Awards, where we were winners in the Family Values category against strong competition. We are hopeful that these awards will assist in increasing awareness of our work.
Statement of Trustees' Responsibilities
The trustees (who are also the directors of the charity for the purposes of company law) are responsible for preparing the trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles of the Charities SORP (FRS 102);
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make judgments and accounting estimates that are reasonable and prudent;
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state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by order of the members of the board of Trustees on 15 February 2022 and signed on their behalf by:
Mr S Taylor Trustee
Page 4
GIVE US TIME
(A Company Limited by Guarantee)
INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2021
Independent Examiner's Report to the Trustees of Give Us Time ('the charity')
I report to the charity Trustees on my examination of the accounts of the Charity for the year ended 30 September 2021.
Responsibilities and Basis of Report
As the Trustees of the Charity (and its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Charities and Trustee Investment (Scotland) Act 2005 ('the 2005 Act'), the Charities Accounts (Scotland) Regulations 2006 (as amended) ('the 2006 Accounts Regulations') and the Companies Act 2006 ('the 2006 Act'). You are satisfied that the accounts of the Charity are not required by charity or company law to be audited and have chosen instead to have an independent examination.
Having satisfied myself that the accounts of the Charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the Charity's accounts carried out under section 44(1)(c) of the 2005 Act and section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the requirements of Regulation 11 of the 2006 Accounts Regulations and the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Page 5
GIVE US TIME
(A Company Limited by Guarantee)
INDEPENDENT EXAMINER'S REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2021
Independent Examiner's Statement
Since the Charity is required by company law to prepare its accounts on an accruals basis and is registered as a charity in Scotland your examiner must be a member of a body listed in Regulation 11(2) of the 2006 Accounts Regulations. I can confirm that I am qualified to undertake the examination because I am a registered member of ICAEW, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
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accounting records were not kept in respect of the Charity as required by section 386 of the 2006 Act and Regulation 4 of the 2006 Accounts Regulations; or
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the accounts do not accord with those records and with the accounting requirements of Regulation 8 of the 2006 Accounts Regulations; or
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the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination; or
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the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
This report is made solely to the Charity's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008 and Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. My work has been undertaken so that I might state to the Charity's Trustees those matters I am required to state to them in an Independent Examiner's Report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity's Trustees as a body, for my work or for this report.
Signed: Dated: 15 February 2022 Robert Anderson FCA
Streets Chartered Accountants
3 Wellbrook Road Girton Cambridge CB3 0NA
Page 6
GIVE US TIME
(A Company Limited by Guarantee)
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 30 SEPTEMBER 2021
| Note Income from: Donations and legacies 2 Other trading activities: Fundraising 3 Investments 4 Other income 5 Total income Expenditure on: Raising funds Charitable activities Total expenditure Net movement in funds Reconciliation of funds: Total funds brought forward Net movement in funds Total funds carried forward |
Unrestricted funds 2021 £ 30,809 - 242 10,459 41,510 - 84,646 84,646 (43,136) 162,264 (43,136) 119,128 |
Restricted funds 2021 £ 10,000 - - - 10,000 - 10,000 10,000 - - - - |
Total funds 2021 £ 40,809 - 242 10,459 51,510 - 94,646 94,646 (43,136) 162,264 (43,136) 119,128 |
Total funds 2020 £ 45,888 16,987 1,112 7,070 71,057 3,488 141,317 144,805 (73,748) 236,012 (73,748) 162,264 |
|---|---|---|---|---|
The Statement of Financial Activities includes all gains and losses recognised in the year.
The notes on pages 9 to 18 form part of these financial statements.
Page 7
GIVE US TIME (A Company Limited by Guarantee) REGISTERED NUMBER: 08556057
BALANCE SHEET AS AT 30 SEPTEMBER 2021
| Note Current assets Debtors 10 Cash at bank and in hand Creditors: amounts falling due within one year 11 Net current assets Net assets Charity funds Restricted funds 12 Unrestricted funds 12 Total funds |
6,269 115,809 122,078 (2,950) |
2021 £ 119,128 119,128 - 119,128 119,128 |
24 165,198 165,222 (2,958) |
2020 £ 162,264 |
|---|---|---|---|---|
| 162,264 | ||||
| - 162,264 |
||||
| 162,264 |
The Charity was entitled to exemption from audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006.
The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.
The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime.
The financial statements were approved and authorised for issue by the Trustees on 15 February 2022 and signed on their behalf by:
Mr S Taylor Trustee
The notes on pages 9 to 18 form part of these financial statements.
Page 8
GIVE US TIME
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2021
1. Accounting policies
1.1 Basis of preparation of financial statements
The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Give Us Time meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.
1.2 Company status
The charity is a company limited by guarantee. The members of the company are the trustees named on page 1. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity.
1.3 Income
All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.
On receipt, donated breaks and holidays are recognised on the basis of the value of the gift to the charity which is the amount it would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.
On receipt, donated professional services and facilities are recognised on the basis of the value of the gift to the Charity which is the amount it would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.
Other income is recognised in the period in which it is receivable and to the extent the goods have been provided or on completion of the service.
Page 9
(A Company Limited by Guarantee)
GIVE US TIME
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2021
1. Accounting policies (continued)
1.4 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The Charity has a single activity being the provision of holidays to military personnel. The costs of the activity are made up of the total of direct costs and support costs.
Fundraising costs are those incurred in seeking voluntary contributions.
Expenditure on raising funds includes all expenditure incurred by the Charity to raise funds for its charitable purposes and includes costs of all fundraising activities events and non-charitable trading.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs.
All expenditure is inclusive of irrecoverable VAT.
1.5 Government grants
Government grants are credited to the Statement of Financial Activities as the related expenditure is incurred.
1.6 Interest receivable
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the Charity; this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited.
1.7 Liabilities
Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.
1.8 Financial instruments
The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
Page 10
GIVE US TIME
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2021
1. Accounting policies (continued)
1.9 Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
Investment income, gains and losses are allocated to the appropriate fund.
Page 11
GIVE US TIME
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2021
2. Income from donations and legacies
| Unrestricted funds 2021 Restricted funds 2021 £ £ Donations 21,613 10,000 Gifts in Kind - Breaks 9,196 - Total 2021 30,809 10,000 Income from other trading activities Income from fundraising events Unrestricted funds 2021 £ Fundraising Events - Total 2021 - |
Total funds 2021 £ 31,613 9,196 40,809 Total funds 2021 £ - - |
Total funds 2020 £ 27,017 18,871 |
|---|---|---|
| 45,888 | ||
| Total funds 2020 £ 16,987 |
||
| 16,987 |
3. Income from other trading activities Income from fundraising events
4. Investment income
| Unrestricted funds 2021 £ Bank Interest Receivable 242 Total 2021 242 |
Total funds 2021 £ 242 242 |
Total funds 2020 £ 1,112 |
|---|---|---|
| 1,112 |
Page 12
GIVE US TIME
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2021
5. Other incoming resources
| Government Grants Total 2021 |
Unrestricted funds 2021 £ 10,459 10,459 |
Total funds 2021 £ 10,459 10,459 |
Total funds 2020 £ 7,070 |
|---|---|---|---|
| 7,070 |
Government grants received in the year relate to the Coronavirus Job Retention Scheme. These grants have been fully utilised against the relevant expenditure.
6. Analysis of expenditure by activities
| Charitable Activity Costs Total 2021 |
Activities undertaken 2021 £ 94,646 94,646 |
Total funds 2021 £ 94,646 94,646 |
Total funds 2020 £ 141,317 |
|---|---|---|---|
| 141,317 |
Page 13
GIVE US TIME
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2021
6. Analysis of expenditure by activities (continued)
Analysis of direct costs
| Wages and Salaries Research Costs Rent Travel and Accomodation Costs Other Office Costs IT Services and Website Charity Manager and Administrative Support Costs Bank Charges Travel and Accomodation Expenses for Beneficiaries Break Costs - Gifts in Kind Accountancy fees Legal and Professional Fees Marketing Expenses |
Total funds 2021 £ 50,692 - 12,000 - 1,797 1,980 16,946 77 - 9,196 1,530 428 - 94,646 |
Total funds 2020 £ 58,158 10,000 12,000 81 827 1,708 21,854 118 14,974 18,871 1,530 981 215 |
|---|---|---|
| 141,317 |
The costs above include costs which are both direct and support in nature.
Break Costs - Gifts in Kind represents the estimated value of donated holidays. A corresponding amount is included in note 2
7. Independent examiner's remuneration
The independent examiner's remuneration amounts to an independent examiner fee of £1,530 ( 2020 - £1,530 ).
Page 14
(A Company Limited by Guarantee)
GIVE US TIME
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2021
8. Staff costs
| 2021 £ Wages and salaries including on-costs 50,692 50,692 The average number of persons employed by the Charity during the year was as follows: 2021 Adminstrative 2 No employee received remuneration amounting to more than £60,000 in either year. |
2020 £ 58,158 |
|---|---|
| 58,158 | |
| 2020 2 |
|
9. Trustees' remuneration and expenses
During the year, no Trustees received any remuneration or other benefits (2020 - £NIL) .
During the year ended 30 September 2021, no Trustee expenses have been incurred (2020 - £NIL) .
10. Debtors
| Due within one year Other debtors Accrued income |
2021 £ 6,250 19 6,269 |
2020 £ - 24 |
|---|---|---|
| 24 |
11. Creditors: Amounts falling due within one year
| Accruals | 2021 £ 2,950 2,950 |
2020 £ 2,958 |
|---|---|---|
| 2,958 |
Page 15
(A Company Limited by Guarantee)
GIVE US TIME
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2021
12. Statement of funds
Statement of funds - current year
| Unrestricted Funds General Funds Government Grant - CJRS Restricted Funds Veteran's Foundation Total of funds Restricted Funds: |
Balance at 1 October 2020 £ 162,264 - 162,264 - 162,264 |
Income £ 31,051 10,459 41,510 10,000 51,510 |
Expenditure £ (74,187) (10,459) (84,646) (10,000) (94,646) |
Balance at 30 September 2021 £ 119,128 - |
|---|---|---|---|---|
| 119,128 | ||||
| - | ||||
| 119,128 | ||||
Funds have been received to cover wage costs in the year.
Page 16
(A Company Limited by Guarantee)
GIVE US TIME
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2021
12. Statement of funds (continued)
Statement of funds - prior year
| Unrestricted Funds General Funds Government Grant - CJRS Restricted Funds Veteran's Foundation Forces Mutual Total of funds 13. Summary of funds Summary of funds - current year General funds Restricted funds |
Balance at 1 October 2019 £ 236,012 - 236,012 - - - 236,012 Balance at 1 October 2020 £ 162,264 - 162,264 |
Income £ 47,987 7,070 55,057 10,000 6,000 16,000 16,000 Income £ 41,510 10,000 51,510 |
Expenditure £ (121,735) (7,070) (128,805) (10,000) (6,000) (16,000) (144,805) Expenditure £ (84,646) (10,000) (94,646) |
Balance at 30 September 2020 £ 162,264 - |
|---|---|---|---|---|
| 162,264 | ||||
| - - |
||||
| - | ||||
| 162,264 | ||||
| Balance at 30 September 2021 £ 119,128 - |
||||
| 119,128 |
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GIVE US TIME
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2021
13. Summary of funds (continued)
Summary of funds - prior year
| General funds Restricted funds |
Balance at 1 October 2019 £ 236,012 - 236,012 |
As restated Income £ 55,057 16,000 71,057 |
As restated Expenditure £ (128,805) (16,000) (144,805) |
Balance at 30 September 2020 £ 162,264 - |
|---|---|---|---|---|
| 162,264 |
14. Analysis of net assets between funds
Analysis of net assets between funds - current year
| Unrestricted funds 2021 £ Current assets 122,078 Creditors due within one year (2,950) Total 119,128 Analysis of net assets between funds - prior year Unrestricted funds 2020 £ Current assets 165,222 Creditors due within one year (2,958) Total 162,264 |
Total funds 2021 £ 122,078 (2,950) |
|---|---|
| 119,128 | |
| Total funds 2020 £ 165,222 (2,958) |
|
| 162,264 |
15. Related party transactions
During the year there were no related party transactions.
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