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|||||Pages|
|---|---|---|---|---|
|Trustees' annual
report||||Stoa|
|Independent|auditor's|report to|the members|10to 13|
|Statement of|financial|activities||14|
|Statement of|financial|position||15|
|Statement of|cashflows|||16|
|Notes to the financial||statements||17to 26|
|The following|pages|do not form part ofthe financial statements|||
|Detailed statement
of||financial|activities|28to 29|
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||||||2021||2020|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|||
|||||funds|funds|Total funds|Total funds|
||||Note|6|6|6|6|
|Income and endowments||||||||
|Donations
and legacies|||4|527,331||527,331|137,590|
|Investment
income|||5|69,411|2|69,413|81,434|
|Total income||||596,742|2|596,744|219,024|
|Expenditure||||||||
|Expenditure
on raising funds:||||||||
|Investment
management||costs|6|20,303||20,303|13,647|
|Expenditure
on charitable|activities||7,8|490,015|5,078|495,093|494,314|
|Total expenditure||||510,318|5,078|515,396|507,961|
|Net gains/(losses)
on investments|||9|239,424||239,424|(150,650)|
|Net income/(expenditure)|and net|||||||
|movement
in funds||||325,848|(5,076)|320,772|(439,587)|
|Reconciliation
offunds||||||||
|Total funds brought
forward||||3,669,324|20,254|3,689,578|4,129,165|
|Total funds carried forward||||3,995,172|15,178|4,010,350|3,689,578|
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||||2021|2020|
|---|---|---|---|---|
|Cash flows from operating|activities||||
|Net income/(expenditure)|||320,772|(439,587)|
|Adjustments
for:|||||
|Depreciation
oftangible
fixed assets|||17,669|17,802|
|Net gains/(losses)
on investments|||(239,424)|150,850|
|Dividends,
interest and rents from investments|||(69,399)|(80,873)|
|Other interest receivable and similar income|||(14)|(561)|
|Interest payable
and similar|charges||263|180|
|Accrued income|||(302)|(127)|
|Changes in:|||||
|Trade and other debtors|||(167,470)|(70,191)|
|Trade and other creditors|||32,65&|(39,048)|
|Cash generated
from operations|||(105,247)|(451,955)|
|Interest paid|||(263)|(180)|
|Interest received|||14|561|
|Net cash used
in operating|activities||(105,496)|(461,574)|
|Cash ftowsgrom
investing|activities||||
|Dividends,
lite)rest and rents from investments|||69,399|80,873|
|Purchase
of'-ijrigible assets|||(3,339)|(12,841)|
|Purchases pother investments
Proceeds from sale of other investments|||(793,020)
931,741|(805,597)
726,888|
|Net cash from investing
activities|||204,781|189,523|
|Net increase/(decrease)
in|cash and cash|equivalents|99,2&5|(272,051)|
|Cash and cash equivalents|at beginning|ofyear|37&,657|650,708|
|Cash and cash equivalents|at end ofyear||477,942|378,857|
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|discounted
present value basis. The
period
in which
it arises.
Donations
and legacies|unwinding
ofthe discount is recog|nised as an|expense
in the|
|---|---|---|---|
|2021|Unrestricted|Restricted|Total Funds|
||Funds|Funds
f|2021
8|
|Donations||||
|Donations|36,155||36,155|
|Gift aid income|905||905|
|Legacies||||
|Legacies|478,887||478,887|
|Grants||||
|Grants receivable|11,384||11,384|
||527,331||527,331|
|2020|Unrestricted|Restricted|Total Funds|
||Funds|Funds|2020|
||6||8|
|Donations||||
|Donations|49,558|5,901|55,459|
|Gift aid income|3,924||3,924|
|Legacies||||
|Legacies|77,362||77,362|
|Grants||||
|Grants receivable||||
||131,689|5,901|137,590|
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|Investment||income|||||||
|---|---|---|---|---|---|---|---|---|
|2021||||||Unrestricted|Restricted|Total Funds|
|||||||Funds|Funds|2021|
|||||||F|8|8|
|Income from||listed investments||||69,397|2|69,399|
|Bank interest||receivable||||14||14|
|||||||69,411||69,413|
|2020||||||Unrestricted|Restricted|Total Funds|
|||||||Funds|Funds
f|2020|
|Income from||listed investments||||80,851|22|80,873|
|Bank interest||receivable||||561||561|
|||||||81,412|22|81,434|
|Investment||management||costs|||||
||||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||||Funds|2021|Funds|2020|
||||||8|||8|
|Investment|management||fees|and|||||
|charges|||||20,303|20,303|13,647|13,647|
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|Expend|iture
on charitable
act|ivities by fund type|||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total Funds|
|||Funds
f|Funds|2021|
|General|fund|445,898|5,000|450,898|
|Support|costs|44,117|78|44,195|
|||490,015|5,078|495,093|
|||Unrestricted|Restricted|Total Funds|
|||Funds
F|Funds
F|2020
f|
|General|fund|462,134||462,134|
|Supportcosts||32,120|60|32,180|
|||494,254|60|494,314|
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|Expend|iture|on charitable|activities by activity|type|||
|---|---|---|---|---|---|---|
||||Activities||||
||||undertaken||Total funds|Total fund|
||||directly
f|Support costs|2021
8|2020
F|
|General|fund||450,898||450,898|462,134|
|Governance||costs||44,195|44,195|32,180|
||||450,898|44,195|495,093|494,314|
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|9.|Net gains|/(l|osses)
on investments|||||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||||Funds|2021|Funds|2020|
|||||6|6||8|
||Gains/(losses)||on listed investments|239,424|239,424|(150,650)|(150,650)|
|10.|Auditors|remuneration||||||
|||||||2021|2020|
||Fees payable||for the audit ofthe financial|statements||2,994|2,910|
##
||||2021|2020|
|---|---|---|---|---|
|Wages and salaries|||121,377|119,011|
|Social security costs|||6,560|7,287|
|Employer
contributions|to pension|plans|2,596|2,408|
||||130,533|128,706|
|full-time
eq|uiv|alent
employees
during the year|
is analysed as follows:||
|---|---|---|---|---|
||||2021|2020|
||||No.|No.|
|Managerial|staff||2|2|
|Administrative||staff|5|4|
||||7|6|
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|13. Tangible fixed a|ssets||||
|---|---|---|---|---|
|||||Land and|
|||||buildings|
|||||8|
|Cost|||||
|At 1 July 2020||||880,032|
|Additions||||3,339|
|At 30June 2021||||883,371|
|Depreciation|||||
|At1 July2020||||46,773|
|Charge for the year||||17,669|
|At 30June 2021||||64,442|
|Carrying
amount|||||
|At 30June 2021||||818,929|
|At 30June 2020||||833,259|
|14. Investments|||||
|||||Listed|
|||||investments|
|~,- -- Valuation|||||
|At 1 July 2020||||2,448,295|
|Additions||||793,020|
|Disposals||||(931,741)|
|Other movements||||239,424|
|At 30June 2021||||2,548,998|
|Carrying
amount|||||
|At 30June 2021||||2,548,998|
|At 30June 2020||||2,448,295|
|The above canying|amounts|are recognised as follows:|||
||||2021
8|2020
f|
|Held at fair value|||2,548,998|2,448,295|
|Held at historical cost less impairment|||2,199,176|2,307,232|
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|Debtors|||||
|---|---|---|---|---|
||||2021
f|2020|
|Trade debtors|||247,000|80,957|
|Prepayments|and accrued income||4,529|3,985|
|Other debtors|||13,626|12,441|
||||265,155|97,383|
|Creditors: amounts||falling due within one year|||
||||2021|2020|
||||8||
|Trade creditors|||4,827|2,195|
|Accruals and deferred||income|6,840|6,645|
|Other creditors|||89,007|59,176|
||||100,674|68,016|
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|Analysis
of|Analysis
of|charit|able
funds||||||
|---|---|---|---|---|---|---|---|---|
|Unrestricted||funds|||||||
|2021|||At||||Gains and|At|
||||1 Jul 2020|Income|Expenditure|Transfers|losses 30Jun 2021||
||||F|||E|||
|General|funds||2,749,241|595,383|(491,906)|92,384|231,141|3,176,243|
|Griffith's|fund||86,824|1,359|(743)|(95,723)|8,283||
|Property|fund||833,259||(17,669)|3,339|—|818,929|
||||3,669,324|596,742|(510,318)|—|239,424|3,995,172|
|2020|||At||||Gains and|At|
||||1 Jul 2019
6|Income
6|Expenditure
E|Transfers|losses 30Jun 2020
f||
|General|funds||3,185,584|211,080|(489,854)|(11,740)|(145,829)|2,749,241|
|Griffith's|fund||90,069|2,021|(445)||(4,821)|86,824|
|Property|fund||838,220||(17,602)|12,641|—|833,259|
||||4,113,873|213,101|(507,901)|901|(150,650)|3,669,324|
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|Restricted funds|Restricted funds||||||
|---|---|---|---|---|---|---|
|2021||At||||Gains and
At|
|||1 Jul 2020
f|Income
F|Expenditure|Transfers
6|losses 30Jun 2021|
|Meckifl|Education||||||
|fund||15,254|2|(78)||15,178|
|Hospice|at Home|5,000||(5,000)|||
|||20,254|2|(5,078)||15,178|
|2020||At||||Gains and
At|
|||1 JUI 2019|Income|Expenditure|Transfers|losses 30Jun 2020|
|||||6|F||
|Meckiff|Education||||||
|fund||15,292|22|(60)||15,254|
|Property|fund||901||(901)||
|Hospice|at Home||5,000|||5,000|
|||15,292|5,923|(60)|(901)|20,254|
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|Analysis of net|assets between fu|nds|||
|---|---|---|---|---|
|2021||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2021|
||||F|8|
|Tangible fixed assets||818,929||818,929|
|Investments||2,548,998||2,548,998|
|Current assets||727,919|15,178|743,097|
|Creditors less than|1 year|(100,674)||(100,674)|
|Net assets||3,995,172|15,178|4,010,350|
|2020||Unrestricted|Restricted|Total Funds|
|||Funds
f|Funds
F|2020
6|
|Tangible
fixed assets||833,259||833,259|
|Investments||2,448,295||2,448,295|
|Cunent assets||455,786|20,254|476,040|
|Creditors less than|1 year|(68,016)||(68,016)|
|Net assets||3,669,324|20,254|3,689,578|
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|Anal|ysi|s
of|cha|ng|es
in net debt|||||
|---|---|---|---|---|---|---|---|---|---|
||||||||At||At|
|||||||1|Jul 2020
f|Cash flows
k|30Jun 2021|
|Cash|at|bank|and|in|hand||378,657|99,285|477,942|
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|||||Year ended 30June|2021||
|---|---|---|---|---|---|---|
||||||2021f|2020
F|
|Income|||||||
|Donations
and legacies|||||||
|Donations|||||36,155|55,459|
|Gift aid income|||||905|3,924|
|Legacies|||||478,887|77,362|
|Grants receivable|||||11,384|845|
||||||527,331|137,590|
|Investment
income|||||||
|Income from listed investments|||||69,399|80,873|
|Bank interest receivable|||||14|561|
||||||69,413|81,434|
|Total income|||||596,744|219,024|
|Expenditure|||||||
|Investment
management||||costs|||
|Investment
management|||fees and charges||20,303|13,647|
|Expenditure
on charitable||||activities|||
|Wages and salaries|||||96,427|102,895|
|Employer's
national||insurance|||3,846|5,542|
|Employer's
pension||costs|||1,983|2,016|
|Health and Wellbeing||Centre|||10,582|6,827|
|Property costs|||||23,105|6,153|
|Insurance|||||5,139|4,138|
|Stationery,
postage|and telephone||||7,478|8,085|
|Office equipment|||||5,644|9,168|
|Depreciation
on property|||||17,669|17,602|
|Nurses' salaries and||expenses|||212,444|194,101|
|Medical equipment,|supplies|||and treatment|34,215|65,123|
|Sidmouth
Hospice at Home||||support costs|12,007||
|Management
fee|||||9,576|16,416|
|Profile raising events|||||2,923|1,656|
|Volunteer
support scheme|||||6,358|14,323|
|Sundry expenses|||||1,502|6,088|
||||||450,898|462,134|
##
||||2021|2020|
|---|---|---|---|---|
||||8|6|
|Governance costs|||||
|Salaries and wages|||24,950|16,115|
|Employer's
national|insurance||2,714|1,745|
|Employer's
pension|||613|392|
|Payroll fees|||765|729|
|Accountancy fees
Audit fees|||3„780
2,994|3,672
2,910|
|Legal and professional
fees
Cost oftrustee's
meetings|||8,116|6,211
226|
|Bank charges|||263|180|
||||44,195|32,180|
|Total expenditure|||515,396|507,961|
|Net gains/(losses)||on investments|||
|Gains/(losses)
on listed investments|||239,424|(150,650)|
|Net income/(expenditure)|||320,772|(439,587)|