| Page | |||
|---|---|---|---|
| Report ofthe Trustees | I | to | 6 |
| Report ofthe Independent Auditors |
7 | to | 9 |
| Statement ofFinancial Activities | 10 | ||
| Balance Sheet | |||
| Notes to the Financial Statements | 12 | to | 16 |
| Detailed Statement ofFinancial Activities | 17 | to | IS |
| 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | Total | Total | |||
| fund | fund | fund | funds | funds | |||
| Notes | 6 | ||||||
| INCOME AND | KNDOWI/H:NTS | ||||||
| FROM | |||||||
| Donations and legacies | 239 | 239 | 267 | ||||
| Charitable activities |
|||||||
| Accommodation | Bur)sion | 209,906 | 209~6 | 217,605 | |||
| Investment income Other income |
3428 I |
3428 I |
4,655 1,020 |
||||
| Total | 213,374 | 213474 | 223,547 | ||||
| EXPENDITURE ON | |||||||
| Raising funds | 2,551 | 2,551 | 2,070 | ||||
| Charitable activities |
|||||||
| Accommodation | Provision | 197,675 | 197,675 | 261,962 | |||
| Other | |||||||
| Total | 200426 | 200426 | 264,032 | ||||
| Net gains/(losses) | on investments | 41,855 | 41,855 | (14,635) | |||
| NKT INCOME/(EXPENDITURE) | 55,003 | 55,003 | (55,120) | ||||
| RECONCILIATION OFFUNDS | |||||||
| Total funds brought forward | 317,630 | 5,000,000 | 5417,630 | 5,372,750 | |||
| TOTAL FUNDS | CARRIED | ||||||
| FORWARD | 372,633 | 5,000,000 | 5472,633 | 5,317,630 |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | Total | Total | ||
| fimd | fimd | fund | funds | funds | ||
| Notes | f. | |||||
| FIXEDASSETS | ||||||
| Tangible assets | 3232 | 5,000,000 | 5,003432 | 5,004,309 | ||
| Investments | 195417 | 195417 | 155,006 | |||
| 198,549 | 5,000,000 | 5,198,549 | 5,159,315 | |||
| CURRENT ASSETS | ||||||
| Debtors | 6,433 | 6,433 | 6,997 | |||
| Cash at bank and in hand | 182,669 | 182,669 | 181,853 | |||
| 189,102 | 189,102 | 188,850 | ||||
| CREDITORS | ||||||
| Amounts falling due within one year |
10 | (15,018) | (15,018) | (30,535) | ||
| NKT CURRENT ASSETS | 174,084 | 174,084 | 158,315 | |||
| TOTAL ASSETSLESS | ||||||
| CURRENT LIABILITIES | 372,633 | 5,000,000 | 5472,633 | 5,317,630 | ||
| NET ASSETS | 372,633 | 5,000,000 | 5472,633 | 5,317,630 | ||
| FUNDS | ||||||
| Umestricted funds |
372,633 | 317,630 | ||||
| Endowment funds |
5,000,000 | 5,000,000 | ||||
| TOTAL FUNDS | 5472,633 | 5,317,630 |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| Investmentincome | 3,177 | 4,438 | ||||
| Deposit account interest | 51 | 217 | ||||
| 3428 | 4,655 | |||||
| RAISING FUNDS | ||||||
| Investment management |
costs | |||||
| 2021 | 2020 | |||||
| Portfolio management | 2551 | 2,070 | ||||
| AUDITORS' REMUNERATION | ||||||
| 2021 | 2020 | |||||
| Fees payable to the charity's | auditors for the audit ofthe charity's | financial | statements | 2400 | 2,400 | |
| Auditors' remuneration |
for | non audit work | 4478 | 3,048 |
| STAFFCOSTS | ||||
|---|---|---|---|---|
| 2021 | 2020 | |||
| Wages and salaries | 86,999 | 82,112 | ||
| Social security costs | 4,110 | 3,800 | ||
| Other pension costs | 5,438 | 4,175 | ||
| 96~7 | 90,087 | |||
| The average monthly | number ofemployees | during the year was as follows: | ||
| 2021 | 2020 | |||
| Administration | 1 | 2 | ||
| Maintenance | 2 | 2 |
| TANGIBLE FIXEDASSETS | ||||
|---|---|---|---|---|
| Freehold | Plant and | Motor | ||
| property | machinery | vehicles | Totals | |
| COST | ||||
| At 1April 2020 and 31March 2021 | 5,000,000 | 10,752 | 5+88 | 5,016,140 |
| DEPRECIATION | ||||
| At 1April 2020 | 7,992 | 3,839 | 11,831 | |
| Charge for year | 690 | 387 | 1,077 | |
| At 31March 2021 | 8,682 | 4,226 | 12,908 | |
| NKT BOOKVALUE | ||||
| At 31March 2021 | 5,000,000 | 2,070 | 1,162 | 5,003,232 |
| At 31March 2020 | 5,000,000 | 2,760 | 1,549 | 5,004,309 |
| FIXEDASSETINVESTMKNTS | |
|---|---|
| Listed | |
| investments | |
| 6 | |
| MARKET VALUE | |
| At I April 2020 | 155,006 |
| Additions | 81,430 |
| Disposats | (82,974) |
| Revaluations | 41,855 |
| At 31March 2021 | 195,317 |
| NET BOOKVALUE | |
| At 31March 2021 | 195,317 |
| At 31March 2020 | 155,006 |
| 2021 | 2020 | ||
|---|---|---|---|
| UK Bonds | 24,626 | 29,049 | |
| Overseas Bonds | 3483 | ||
| UK Equities | 50409 | 43,008 | |
| North American | Equities | 48,692 | 31,224 |
| European Equities | 9,334 | 7,408 | |
| Japanese Equities | 6,401 | 4,867 | |
| Asia Pacific Equities | 14,030 | 6,426 | |
| Emerging Market |
Equities | 3,'149 | 2,668 |
| Global Investments | 15,660 | 14,210 | |
| Absolute Return | 134179 | 10,560 | |
| Pmparty | 5,254 | 5,586 | |
| 195417 | 155,006 |
| DEBTORS: | AMOUNTS FALLING DUK WITHIN ONK YEAR | ||
|---|---|---|---|
| 2021 | 2020 | ||
| Trade debtors | (1,228) | 324 | |
| Prepayments | and accrued income | 7,661 | 6,673 |
| 6,433 | 6,997 | ||
| CRKDITORSi AMOUNTS FALLING DUE~ONK YEAR | |||
| 2021 | 2020 | ||
| Trade creditors | 7,451 | 22,558 | |
| Taxation and | social security | 2,412 | 1,843 |
| Other creditors | 5,155 | 6,134 | |
| 15,018 | 30,535 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| INCOME AND ENDOWMENTS | ||||
| Donations and legacies |
||||
| Donations and legacies |
239 | 267 | ||
| Investment income |
||||
| Investment income |
3,177 | 4,438 | ||
| Deposit account interest | 51 | 217 | ||
| 3428 | 4,655 | |||
| Charitable activities |
||||
| Rental income bungalows | 165,549 | 167,281 | ||
| Rental income other | 40,071 | 47,569 | ||
| Recharges | 4486 | 2,755 | ||
| 209806 | 217,605 | |||
| Other income | ||||
| Other income | ||||
| Polling station fees | 1,020 | |||
| 1,020 | ||||
| Total incoming resources |
213474 | 223,547 | ||
| EXPENDITURE | ||||
| Investment management |
costs | |||
| Portfolio management | 2451 | 2,070 | ||
| Charitable activities |
||||
| Wages | 86,999 | 82,112 | ||
| Social security | 4,110 | 3,800 | ||
| Pensions | 5,438 | 4,175 | ||
| Rates and water | 11dt61 | 12,967 | ||
| insurance | 8~5 | 8,049 | ||
| Light and heat | 1,886 | |||
| Telephone | 951 | 766 | ||
| Postage and stationery | 500 | 664 | ||
| Sundries | 926 | 1,565 | ||
| Property and gmunds |
repairs | 38,641 | 93,746 | |
| Motor and travel | 1434 | 1,023 | ||
| Safety clothing | 990 | 706 | ||
| Lifeline fees &clinic | expense | 1397 | 1,486 | |
| Life assurance | 60 | 60 | ||
| Cleaning and laundry |
339 | 1,064 | ||
| Office equipment maintenance |
1 171 | 2,069 | ||
| Donations and grants | given | 90 | 520 | |
| Plant and machinery | 690 | 920 | ||
| Motor vehicles | 387 | 516 | ||
| 165,078 | 218,094 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| Supportcosts | ||||
| Finance | ||||
| Bank charges | 197 | 217 | ||
| Governance costs |
||||
| Auditors' remuneration |
2400 | 2,400 | ||
| Auditors' remuneration |
for uon audit work | 4,578 | 3,048 | |
| Legal fees | 25,322 | 38,031 | ||
| Subscriptions | 172 | |||
| 32,400 | 43,651 | |||
| Total resources expended | 200,226 | 264,032 | ||
| Net income/(expenditure) | before gains and losses | 13,148 | (40,485) | |
| Realised recognised | gains and losses | |||
| Realised gains/fiosses) | on | fixed asset investments | 412)55 | (14,635) |
| Net income/(expenditure) | 55,003 | (55,120) |