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2021-08-31-accounts

Pages
Trustees'
Annuaf
Report		 1to4
Independent
Examiner's		 Report
Statement of Financial Activities
Summarti
Income and bpenditure		 Amount
Balance Sheet
Statement
ofCashf lowe		 9
ffotes to the Accounts 10to 17
Detailed Statement
of Financial Activities		 18to 19

far the year ended 31 August 2021
Unrestricted
funds Total funds Total funds
2021 2021 2020
Notes 2 8 2
Income and endowments
from:
Oonations and legacies 16 16
Charitable activities 125,014 125,014 119,993
Other trading
activities		 15 15
investments 34 34 100
Other 11.983 'II,M3 7,231
Total 137,D82 137,062 127.924
Expenditure on:
Raising funtls 9 2,587 2,587 395
Charitable activities 10 8,297 8,297 4,022
Other 1t 146,280 146,280 113,427
Total 157,164 157,184 117,844
Netgains
oninvestments
Net (expenditure)/income (20,102) (20,102) 9,480
Transfers between
funds
Net (expenditure)/Income (20.102) (20,1 D2) 9,480
before atter gains/(losses)
Other galrn snd losses
Net movement
lh funds		 (20,102) (20,102) 9,4BD
Reconcigatlon
of funds:
Total funds brought
forward		 4IA392 48,392 38,912
Total funds canted forward 212M 28.2M 48.392

2021 202D
2 2
Income 'I37,028 127,223
Interest and frNesttrfent Income ID1
Gross Income for the year 137.062 127,394
Experafiture 157,099 117,344
Interest. payable
Total expenditure for the year 157,164 117,844
Net (expenditure}lissome before tax
for the year (20,102} 9,480
Net (expenditure }/Income for the year 20,102 9,480
at 31August 2021 at 31August 2021
Company
No.		 D6513062 Nates 2021 2020
E
Current assets
Debtors 14 637 3870
Cash at bank and in hand 54,239 72,467
54,870 75,937
Creditors: Amount fa ling due within one year 15 ]26,530) (27,645)
Net current assets 26,290 48,392
Total assets less current liabilities 28,290 48,392
Net assebi excluding pensiori asset or liability 28,290 48,392
Total net assets
The funds ofthe charity
Restricted
funds		 16
Unrestrbted
tunds		 16
Gsneralfunds 28,296
46,392
Reserves
Total funds 28,2il~
2020
Cash flows from operating activities
hlet (eapenditurs)/income per Statement of Financial Activities (20,102) 9,480
Ad)ustments
for;
Dividends, interest
and		 rents from lnvestmsnfs (12,017) (7,332)
Dscrsacs/(increase)
n trails and other receivables		 2,833 (3,470)
Increase
in trade and other payablss		 3,482
Net cash used in operating activities (25,824)
Cash flOWS fram Investing activities
Dividends, intersstand rents frominvestmsnts 12,DI7 7,382
Net cash from investing
activities		 12,D17 7,332
Net cash from financing act vltlss
Net (dsCrease)! Insrease
In		 CaSh and Caah SquiValents (13,807)
Cash anti cash equivalents at the beginning
ofthe year		 72,467
Cash and cash equivalents at the end ofthe year 58,660 6,40D
Components
of cash snd cash equivalents
Cash and bank balances 54,233 72,467
Bank overdrafts (416)
53,817 72467

last year and no last year and no last year and no chan ges have been made to accourits for previous years.
Fund accounting
Unrestncted funds These are evadable for use at the iliscretion af the trustees in furtherance of the
general objects at the charity,
Designated funds These are unrestricted
funds earmarked
by		 the trustees for particular
purposes.
ftevaluation funds These are unreetrieled
funde whiChinClude		 a revaiuatianreSSIVe repreeenbng the
restatement
of investment
assets at their market values.
Restrbted funds These are available
for use subject ta restrictians
imposed		 by the donor oi through
terms oi an appeal,
lnaome
Recognition oi Income is included
In the Statement of Financial Activities		 (SoFA) when the charity
inr,ome becomes entitlsif to, and virtuagy certain to receive, the Income and the amount af
the income can be measured
with cuffknent		 reliability.
Incame with related Where Incame has related expenditure
the		 incOme and related expenditure is
expenditure repcrtsd
grOSS in the SOFA.
Donations snd Voluntary
Income received by way ofgrants, donadions		 and gilts is included in the
legacies the SoFAwhen receivable
and only when the Charity has		 unconditional
entitlement
ta the Income.
Tax reclaims on Income from tsx reclaims
is Included
in the		 SOFA at the same time as ths
donations and gifts gift/donation
to which itrelates,
Danated services TheSe are only Included
in ineame
(with an		 equiVaIent
amaurrt		 in expenditure)
and far llitiss where the benefit to the Charity
is reasonably
quantfffsbie,		 measurable and
materiel.
Valunte sr help The value
Of Sny volunteer
help reeeiVed ie		 nOt inCluded in the acCOunbk
Investment income This is included
In the accounts when receivable.
Gains/(losses) an This includes
any gain or loss resulting
from		 revaluing
Investments		 to market value
reVSlualiOn oltfked at the end ofthe year.
ssssh
Gains/(losses) on This inciutlas
any gain or Ioss on the sale of		 investments.
investment sssebi

3
Btatsment		 o t Financi al A ctivities. prior year
Unrestricted
tunds Totalfunds
2020 2020
Income and endowments from:
Donations and legacies E1) (f)
Charitable activities 119.993 119,993
investments 101
Other 7,231 7,231
Total 127,324 127,324
Expenditure on:
Raising funds 396 396
Ghsrftableactlvitiee 4,022 4A)22
Other 113427 113427
Total 117,844 117,844
Nst income 9,480 9,480
Net Income befol'e other 9380 9.480
gaInc/(losses)
Other gains snd oases;
Net movement in funds 9,480 9,480
fteCOnefgatinh Of funds:
Tutal funde brOught
fnrWard		 38,912 38,912
Tatal funda Carried farWard 95292. 55292
4
Income from donations		 and legatee
Unrestricted Total Total
2021 2020
2
16 16
19 16
Donated goods, faclhties and services received
Total Total
2021 2020
K. 2
Donations received 1
15

5 Income from charitable
activities
Unrestricted Total Total
2021 Zl20
2
122,867 122,667 118,327
2,147 2,147 1,666
125,014 125,014 116,993
6 IncOme fram Other trading aCtivities
Unrestricted Total Total
2021 202D
2
15
15 15
Grants rece ved: East Sultoik Councg BO DDDi HMRC CJRS Granf Et 183/Felrxstowe Town Council 2800
7 Income from investments
Unrestricted Totaf Total
2021 2020
2 8
34 1DO
8 Other income
Unrestricted Total fatal
2021 2020
6
11,983 11,983 7,231
11,96S 11,983 7,231
9 Expenditure on raising funds
Unrestrirted Total Total
2021 2020
2
Fundraising trading cotts
2,587 2,587
2,587 2.587 395

Unrestricted Tots I Tata
I
2021 202D
k
Expendituxe
aa		 cirarffabfs
activities
6,837 6.837 S,572
13M 1 460 450
8497 8397 4,022
ll Other expenditure
Unrestricted Tata I Tots
I
2021 2020
194 194 1D8
Bank loan and overdraft 65
interest payable
Employee costs 114,781 114,781 98,776
Premises costs 22,236 22,2SB 8xt07
General administrative costs 6,512 6,512 3,821
Legal and professional costs 2,492 2,492 1,915
148,280 146,280 113,427
12 Trustee remuneration end expenses
2021 2020
Number Number
Number af trustees paid expenses 1
13 Staff costs
2021 2020
Salaries and wages 111,939 95,718
Social security costs 51 1,067
Pension costs 1,630 1,257
1tfl,620 98,032
No employee received emoluments in excess of660,000.
14 Debtors
2021 2020
Other debts re 2,834
Prepayments and accrued income 637 538
SA70

'lo Credilom:
amounts falling due within one year
2021 2020
2 2
Bank Ioans and overdrafts 416
Trade credrtors 453
Other taxes arrd social security 2,724
Other creditors 675 254
Aecruals 22,312 27,155
27,545
16 lirlovement in funds
Incoming
resources At 3'I
At1 (including
other		 Resources
expended		 August
September gains/ fosses
2020 )
Restricted funds;
Unrestricted funds:
Generalfunds 48,392 137,062 (I57,164) 28,290
Total funds 488112 187862 ~(157164 282114
17 Analysis of net assets between funds
tfnrestricted Total
funds
Net current assets 28,290 28,290
28,298 211,2911
18 Reconciliation of net debt
A11 At 31
September August
2020 Cash fIows 2021
E 3
Cash and cash equivafente 72,467 (18,234) 54.233
72,467 (f8,234) 54,233
Net debt 72467 ( I8,234) 54,233

Operating Operating lease commitments lease commitments
Annual commitments under non censedsble operating leases are astogows:
2021 2020 2020
Land and Other Land and
buildings bugdings
E f
Operating leases with expiry date.
Penman commlimsnts
2021 2020
E
The pension costchsrgs to the company
amounted tcn 7.257
20 Related party disclosures
Can trolling party
Unrestricted
funda Total funda TOtal funds
2021 2021 2020
2
~come and endowments from:
Donations and legacies
16 15
16 15
Charitable activitiles
122,867 122,857 115,327
2,147 2,147 1,666
125,014 125,014 119,993
Other trading activities
15 15
15 15
lnvesimef!ts
Other
11,983 11.983 7,231
11,983 11,983 7,231
Total Income and endowments 137,062 137,062 127,324
Expenditure on:
Costs ofother trading activities
2,5S7 2487 395
2,587 2.587 395
TOtal ofexpenditure On raising 2,587 2,5S7 395
funds
Charitable activities
6,837 3,572
6,837 6,837 3,572
Governance costs
1.460 1,460 450
1,460 450
TOtal ofexpenditure Cn chafftable 8,297 Sg97 4,022
activities
Other expenditure
Bank loan and overdraft interest
payable
259 259 10S
Employee costs
Salaries/wages 111,939 111,939 95,718
Employer's
NIC		 51 51 1,057
pension costs 1,630 1,630 1,257
Sla if 1ral nlllg 710 710 744
Staff welfare 451 451
114,781 114,78t 98,776
Premises costs
Rent 5,612 5,612 7,020
premises
insurances		 1,091 1,091 l,022
Premises
repairs		 snd 15,533 15,533 765
maintenance
22,236 22,236 8,807
General administrative cosh,
including
depreciation		 and
amortierdfon
Bank charges 266 286 235
Software, ITsupportand related 32S 328
costs
Bubscdptione 681 381 673
Sundry expenses 3,990 3,99D 1,862
Telephone,
fax and		 broadband 1,247 1,247 1.051
6,512 6.512 3,821
Legal and professional ~oats
Accountancy
and		 bookkeeping 2,492 2,492 1,915
2,492 2,492 1,915
Total Ot expenditure of Othw ccats 146gSG 146,280 113427
Total experrdlture 157.164 157154 117,844
Net gains on investments
Net (expenditure)/Income (20,102) (20,102} 9,480
Net (expenditure)/Income
other gains/(lossesi		 before (20,102} (20,102) 9,480
t)ther Gains
Net movement
in funds		 (20,1D2) (20,102) 9,4SD
Reconciliation
of fundsi
Total funds brought forward 48.392 48,392 38,912
Tota funds carried forward 28.290 28,29D 48.392