## |Trust~ Annual
Fbport|| |---|---| |Independent
Examiner's Report|| |8atement
of Rnancial Activities|| |Kmmary
Income and Expenditure|Axount| |Balance Neet|| |Batement of Cash flows|| |Notes tothe Accounts|| |Detailed Batement of Rnancial Activities|| ## ## ## ## ## ## ## ## ## ## |XPERl IMPACi
Ratement of Rnancial Activities
orthe year ended 31May 2021|||| |---|---|---|---| ||Unrestricted||| ||funds|Total funds|Total funds| ||2021|2021|2020| ||F||| |income and endowments|||| |from:
Donations and legacies
Other trading activities|270,005
6,500|270,005
6,500|250,001| |Total|276,505|276,505|250,001| |Expenditure on:
Other|202,587|202,587|224,481| |Total|202,587|202,587|224,481| |Net gainson investments|||| |Net income|73,918|73,918|25,520| |Transfers between funds|||| ||73,918|73,918|25,520| |Other gainsand laces|||| |Net movement
in funds|73,918||25,520| |Fhconciliation offunds:|||| |Total funds brought
forward|97„678|97,678|72,158| |Total fundscarried
forward|171,596|171,596|97,678| ## ## |Income||276,505|250,001| |---|---|---|---| |Gross income forthe year||276,505|250,001| |Expenditure||201,880|224,108| |Depreciation
impairment|and charges for
offixed assets|?07|373| |Total expenditure
forthe year||202,587|224,481| |Net income|before tax forthe year|73,918|25,520| |Net inoome|for the year|73,918|| ## ## ## |Gash flowsfrom operating activities
Net income per Ratement ofRnancial Activities|73,918|25,520| |---|---|---| |Adjustmentsfor:
Depreciation
of property,
plant and equipment
Increase in trade and other payables|707
765|373
5,314| |Net cash providedby
operating activities|75,390|| |Chsh flowsfrom
investing activities||| |Payments for property,
plant and equipment|{1,694)|| |Net cash used in investing activities|(1,694)|| |Net cash from finandng activities||| |Net increas: in cash and cash equivalents|73,696|30,769| |Qmh and cash equivalentsat
the beginning ofthe year|102,342|| |Cfish and cash equivalents
at the end of the year|176,038|30,769| |Cbmponentsof
cash and cash equivalents
Cash and bank balance|176,038|102,342| ||176,038|102,342| ## ## |ERt IMPACI'
esto the Aixounts|||| |---|---|---|---| |Income
Fhcognit ion of
income|Income isinduded
in the Batement of l=inancial Activities(RFA)
becomes entitled to, and virtually certain to receive, the income|when the charity
and the amount|of| ||the income can be measured
with sufficient
reliability.||| |Income with related|Where income has related expenditure
the income and related|expenditure
is|| |expenditure|reported gross in the RFA.||| |Donations and|Voluntary
income received by way of grants, donations and gifts isinduded
in the||| |legacies|the RFA when receivable and only when the Charity has unconditional||| ||entitlement
tothe income.||| |Taxredaimson|Income from tax redaimsis induded
in the RFA at the same time asthe||| |donations and gifts|gift/donation
to which it relates.||| |Donated ssrvices|These are only induded
in income (with an equivalent
amount|in expenditure)|| |and fadll'ties|where the benefit to the Charity is reasonably
quantifiable,
measurable
and||| ||material.||| |Volunteer
help|The value of any volunteer
help received isnot induded
inthe|accounts|| |Investment
income|This isinduded
in the accounts when receivable.||| |Gains/(losses)
on|This indudes any gain or loss resulting from revaluing
investments
to market value||| |revaluation
offixed|at the end of the year.||| |assets|||| |Gains/(losses)
on|This indudes any gain or losson the sale of investments||| |investment
assets|||| |E'xpendlture
Ftcognition of
expenditure|Expenditure
isrecognised on an aocruals basis. Expenditure
indudes any VATwhich
cannot befully recovered, and isreported aspart ofthe expenditure to which it||| ||relates||| |Expenditure
on|These comprise the costs associated with attracting
voluntary|income, fundraising|| |raising funds|trading casts and investment
management
costs||| |Expenditure
on
charitable
activities|These comprise the costsincurredby
the Charity in the delivery of itsactivities and
services in the furtherance
of itsobjects, induding the making ofgrants and||| ||governance
costs.||| |Grants payable|All grant expenditure
isaccnunted for on an actual paid basis
grantsthat
have been approved
by the trusteesat the end of|plus an accrual for
the year but not yet|| ||paid.||| ||These indude those costs associated with meeting the constitutional
and statutory||| ||requirements
ofthe Charity, induding
any audit/independent
examination
fees,
costs linked to the strategic management
ofthe Charity, together with ashare of||| ||other administration
costs||| |Other expenditure|These are support costsnot allocated toaparticular
activity.||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |BIPERfIMPACf
Notesto the Auuunts
3
Ratement of Rnancial Activities- prior year||| |---|---|---| ||Unrestricted|| ||funds|Total funds| ||2020|2020| |income and endowmentsfrom
Donations and legacies|250,001|250,001| |Total|250,00 I|250,001| |Expenditure on:||| |Other|224481|224481| |Total|224,481|224,481| ||25520|25520| |Net Income before other|25,520|25,520| |yine'(l~||| |Other gains and losaeL.||| |Net fAoverASAt
ln funds|25,520|25,520| |Reconciliation offunda
Total fUndsbrought
forward|72,158|72,158| |Total funds carried forward|97,678|| ## |Unrestricted|Total|Total| |---|---|---| |2021|2021|2020| ||R|| |270,005|270,005|250,001| |270,005|270,005|250,001| ## |Unrestricted|Total| |---|---| |2021|202 I| |6,500|6,500| |6,500|| |||Unrestricted||| |---|---|---|---|---| |||2021||| |||R||| |Employee costs
Motor and travel costs||126,565
35|126,565
35|123,921
8,834| |Premises costs||2,126|2,126|5,060| |Amort isation, depreciation,
impairment,
profit/loss on||707|707|373| |disposal of fixed assets
General administrative|costs|52,701|52,701|79,266| |~ and professional|costs|20,453
202,587|20,453
202,587|7,027
224,481| |Net irgome before transfers||2021||2020| |This isstated after charging:
Depreciation
of owned fixed assets||707||373| |ctaff costs||||| |Rlaries and wages
Rcial security costs
Ansion costs||79,303
38,530
6,147||111,0l2
9,350
2,789| |||||133,151| |At 1Ane 2020
At 31 May 2021|11,424
11,424|11,424
11,424| |---|---|---| |Amortisation
and||| |Impairment
At 1tue 2020
At 31May 2021|11,424
11,424|11,424
11,424| |Net book values||| |At 31 May 2021||| |At 31 May 2020||| ## ## |0 Tangible fixed assets||||| |---|---|---|---|---| ||Plant and|Rxturesand|Computer|Total| ||machinery|fittings|equipment|| |Goat or revaluation
At 1Ane 2020
Additions|392|1,662|1,349
1,694|3,403
1,694| |At 31May 2021||1,662||5,097| |Depreciation
and||||| |impairment
At 1tune 2020|282||1,159|| |Depreciation
charge for the|||609|707| |year
At 31 May 2021|310|1,382||3,460| |Net book values||||| |At 31 May 2021
At 31 May 2020|110||1,275
190|1,637| |Oeditora||||| |amounts falling due within one year||||| |||2021||| |Trade creditors
Other taxes and social security
Other creditors
Accruals and deferred income||200
1,403
2,887
1,589
6,079||2,123
1,751
1,440
5,314| |12 Movement
in funds||||| |||incoming||| ||||Fhaouroes|At 31May| |||(induding other|expended|2021| |||gainsrl~||| |||E||| |Restricted funda||||| |Unrestricted
funda
General funds|97,678|276,505|(202,587)|171,596| |Fhvaluation
Ressrvea||||| ||97,678|276,505|{202,587)|171,596| ## |Ri"iMPACi"
s tothe Aaxents
Anaiysisof net assets between funds||| |---|---|---| ||Unrestricted|Total| ||funds|| |Rxed assets|1,637|1,637| |Net current assets|169,959|169,959| ||171,596|171,596| ## |Fhoonciliation
ofnet debt||||| |---|---|---|---|---| |||||At 31INay| ||At|1Ane 2020|Chsh flows|2021| |Cash and cash equivalents||102,342
102,342|73,%6
73,696|176,038
176,038| |Net debt|||73,696|176,038| |||2021||| |||E||| |The pension cost charge tothe company
amounted to:||6,147||2,789| ## ## ## |Ia ERriiIIIPACr
etailed 8:aternent of Rnancial
orthe year ended 31May 2021|Activities
|||| |---|---|---|---|---| |||Unrestricted||| |||funds|Total funds|Total funds| |||2021|2021|2020| |income and endowmentsfrom:||||| |Income and endowments
from:||||| |Donations and legacies||270,005
270,005|270,005
270,005|250,001
250,001| |Other trading activities||6,500|6,500|| |Total income and endowments||276,505|276,505|250,001| |Eqenditure on:||||| |Employee costs
Rlariest'wages
Employer's
NIC
Fusion costs
Bafftraining||79,303
38,530
6,147
2,585
126,565|79,303
38,530
6,147
2,585
126,565|111,012
9,350
2,789
770
123,921| |Motor and travel costs||||| |Travel and subsistence|||35|8,834| |Premises costs
Font
Other premises costs||2,126
2,126|2,126
2,126|3,937
1,123| |General administrative
costs,|including|||| |depreciation
and amortisation
Depreciation of Rant and machinery
Depreciation of Fixtures and fittings
Depreciation
of Cbmputer
equipment
Bank charges
General insurances
Information
and publications
Sbftware,
ITsupport
and related costs
Bationery and printing
Rbscriptions
Kndry expenses
Telephone, fax and broadband||28
70
609
554
175
31,956
12,952
107
5,421
1,536|28
70
609
554
175
31,956
12,952
107
5,421
1,536|318
555
176
72,133
3,535
1,770
310
787
79,639| |Legal and professional
costs
Axountancy
and bookkeeping
Cbnsultancy fees
Other legal and professional
costs||1,590
18,643
220
20,453|1,590
18,643
220|1,466
5,561
7,027| ## |Total|ofexpenditure|ofother costs| |---|---|---| |Tot,al|expenditure|| |Net|gainson
investments|| ## |202,587|202,587|224,481| |---|---|---| |202,587|202,587|224,481| |73,918|73,918|25,520| |73,918|73,918|25,520| |||25,520| |97,678|97,678|72,158| |171,596|171,596|97,678|