2020-12-31-accounts - Sandhurst Trust

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31 December 2020
			31.12.20	31.12.19
			Unrestricted	Total
			fund	funds
		Notes
FIXED ASSETS
Intangible assets			3,180	3,180
CURRENT ASSETS
Stocks		9	24,872	29,697
Debtors		10	15,685	141,313
Cash at bank and	in hand		~156748	162,683
			I97,305	333,693
CREDITORS
Amounts falling due within one yeor			(50,444(	(233,291j
NET CURRENT ASSETS			146861	100,402
TOTAL ASSETS LESS	CURRENT LIABILITIES		150,041	103,582
NET ASSETS/(LIABILITIES)			150041	103582
FUNDS		12
Unrestncted funds			~150041	103,582
TOTAL FUNDS			150041	103582

for the Year Ended 31 Dec	ember 2020
				31.12.20	31.12.19
			Notes	E
Cash flows from operating	activities
Cash generated from operations				5,935	39,490
Net cash (used in)/provided	by operating		activities	5 935	39,490
Cash flows from financing	actfvttles
					12,054
Net cash provided by financing activities					12,054
Change In cash and cash	equIvalents	In
the reporltng period				(5,935)	51,544
Cash and cash equivalents	at the
beginning ofthe reporting	period			162683	111,139
Cash and cash equIvalents	at the end	of
the reporting period				156748	162683

for th	e Year Ended 31 December 2020	e Year Ended 31 December 2020	e Year Ended 31 December 2020
	RECONCILIATION OF NET INCOME/(EXPENDITURE)			TO NET CASH FLOW FROM OPERAIING ACTIVITIES
					31.12.20	31.12.19
					E
	Net income/(expenditure)	for the reporting	period (as per the
	Statement of Financial Activities)				46,459	(10,938)
	Adjustments for:
	~ecrease/(increase) in	stocks			4,825	(6,390)
	~ecrease/(increase) in	debtors			125,628	(116,793)
	(Decrease)/increase in creditors Net cash (used In)/provIded by operations				~182847 5 935	173,611 ~39490
2.	ANALYSIS OF CHANGES	IN NET FUNDS
				At 1.1.20	Cash flow	At 31.12.20
						E
	Net cash Cash at bank and in hand Total			162683 ~162683 162683	~5935) ~5935) ~5935)	156748 156748 156748

Raising donations and legacies
			31.12.20	31.12.19
			E
Direct costs			138,305	667,074
Support costs				284,653
			138305	951 727
SUPPORT COSTS
	Management	Finance	Other	Totals
Other resources expended	~186009	7452	~15172	~208 633

STAFF COSTS
					31.12.20	31.12.19
					E	E
Wages and	salaries				80,875	160,862
Socia security costs					68,938	66,293
Other pension costs					17653	5,811
					167466	232 966
The average	monthly	number	ofemployees	during the year was as follows:
					31.12.20	31.12.19
Staff					6	6

COMPARATIVES FO	R THE STA	TEMENT OF FINANCIAL ACTIVITIES
				Unrestricted
				fund
INCOME AND ENDOWMENTS		FROM
Donations and legacies				940,789
EXPENDITURE ON
Roisllig tunas				951,727
NET INCOME/(EXPENDITURE)				(10,938)
RECONCILIATION OF FUNDS
Total funds brought	forward			114,520
TOTAL FUNDS CARRIED FORWARD				103582
INTANGIBLE FIXED ASSETS
				IPR on
				Medals
				E
COST
At I Jonuary 2020 and 31 December 2020				~3180
NET BOOK VALUE
At 31 December 2020				3180
At 31 December 2019				3 180
STOCKS
			31.12.20	31.12.19
			E
Stocks			24 872	29 697
DEBTORS:AMOUNTS	FALLING	DUE WITHIN ONE YEAR
			31.12.20	31.12.19
			E
Trade debtors			404	121,096
Olber deblors			14,748	12,473
VAT			533	7,744
			15685	141 313

for the	Year Ended 31 December 2020	Year Ended 31 December 2020	Year Ended 31 December 2020	Year Ended 31 December 2020
11.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
						31.12.20	31.12.19
	Trade creditors						79,592
	Socia securitY	and other taxes				13,305	(451)
	Other creditors					16,963
	Accruals and Commandant's	deferred income fund loan				15,000 ~5176	148,974 5, 176
						50444	233 291
12.	MOVEMENT IN	FUNDS
						Net
						movement	At
					At 1.1.20	in funds	31.12.20
	Unrestricted funds
	General fund				103,582	46,459	150,041
	TOTAL FUNDS				103582	46 459	150041
	Net movement	in funds, included		in the above are as follows
					Incoming	Resources	Movement
					resources	expended	in funds
							L
	UnrestrIcted funds
	General fund				393,397	(346,938)	46,459
	TOTAL FUNDS				393397	346 938	46 459
	Comparatlves	for movement	In funds
						Net
						movement	At
					At 1.1.19	in funds	31.12.19
	UnrestrIcted funds
	G en era I fund				114,520	(10,938)	103,582
	TOTAL FUNDS				114520	~10938)	103582

Comparative net movement in funds, inclu	ded in the above are as follown
	Incoming	Resources	Movement
	resources	expended	in funds
Unrestricted funds
General fund	940,789	(951,727)	(10,938)
TOTAL FUNDS	~940789	~951 727)	~10938)

A current y	ear 12months and prior year 12	months combined position is a« follows:
			Net
			movement	At
		At 1.1.19	in funds	31.12.20
Unrestricted	funds
G en era I fund		114,520	35,521	150,041
TOTAL FUNDS		114520	35 521	150041

A current year 12 months and prior year 12 os follows.	months combined net movement in fu	nds, included in	the above a
	Incoming	Resources	Movement
	resources	expended	in funds
Unrestricted funds
General fund	1,334,186	(1,298.665)	35,521
TOTAL FUNDS	I 334 186	~1298665)	35 521