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2021-03-31-accounts

Reference and Administrative
Details		 Reference and Administrative
Details
Trustees' Report 2to3
Statement ofTrustees' Responsibilities
Independent
Examiner's		 Report
Statement ofFinancial Activities 6to 7
Balance Sheet
Notes to the Financial Statements 9to 19

Reference and Administrative Reference and Administrative Reference and Administrative Reference and Administrative Details Details
Trustees Mrs D Smith
Mrs JDowns
Mrs JTowner
Mrs KClarke
Mr W Morris
Mr EMiddleton
Mr R Konyn
Mr RABeaden
Mr M Penny (Appointed 2 September 2020)
Principal Office 8High Street
Bexhill-on-Sea
East Sussex
TN40 2HA
Registered ONce 8High Street
Bexhiii-on-Sea
East Sussex
TN40 2HA
The charity is incorporated in England and Wales.
Company Registration Number 8459906
Charity Registration Number 1157672
Bankers Barclays Bank pic
17Devonshire Road
Bexhill-on-Sea
East Sussex
TN40 IAH
Investment Advisor Walker Crips Investment Management Limited
Old Change House
128Queen Victoria Street
London
EC4V4BJ
Independent Examiner Manningtons
Chartered
Accountants
39High Street
Battle
East Sussex
TN33 OEE

Total
Note Restricted
f		 2021
Income and Endowments from:
Donations
and legacies		 1,063 1,063
Investment
income		 26,443 26,443
Other income 960 960
Total Income 28,466 28,466
Expenditure
on:
Charitable
activities		 (48,845) (48,845)
Governance
costs		 2,760 (2,760)
Total Expenditure (51,605) (51,605)
Gains/losses
on investment		 assets 220,119 220,119
Net income 196,980 196,980
Net movemeat
in fimds		 196,980 196,980
Reconciliation offunds
Total funds brought
forward		 932,538 330 932,868
Total funds carried forward 18 1,129,518 330 1,129,848
Total
Restricted 2020
Note
Income and Endowments from:
Donations
and legacies		 2,826 2,826
Investment
income
Other income		 30,632
31,467		 100 30,632
31,567
Total Income 64,925 100 65,025
Expenditure
on:
Charitable
activities
Governance
costs		 (55,160)
2,760		 (55,160)
2,760
Total Expeaditure
Gains/losses
on investment		 assets (57,920)
152,008		 (57,920)
152,008
Net (expenditure)/income 145,003) 100 ~144,903
Net movement
in fimds		 (145,003) 100 (144,903)
Reconciliation
offunds
Total funds brought
forward		 1,077,541 230 1,077,771
Total funds carried forward 18 932,538 330 932,868

Balance Sheet as at 31March 2021
Note 2021 2020f
Fixed assets
Tangible assets 13 30,378 30,962
Investments 14 931,088 753,673
961,466 784,635
Current assets
Debtors 15 91,857 60,165
Investments 16 50,624 70,523
Cash at bank and in hand 34,331 24,496
176,812 155,184
Creditors: Amounts faHing due within one year 17 (8,430 (6,951)
Net current assets 168/82 148/33
Net assets 1,129,848 932,868
Funds ofthe charity:
Restricted 330 330
Unrestricted income funds
Unrestricted 1,129,518 932,538
Total funds 18 1,129,848 932,868

Total Total
General 2021 2020
K
Donations and legacies;
Donations &om individuals (including gift aid) 15 15 1,766
Gift aid reclaimed 128 ]28
Subscriptions 920 920 1,060
1,063 1,063 2,826
4 Investment income
Unrestricted
funds Total Total
General 2021 2020
Interest receivable and similar income;
Interest receivable on bank deposits 4 4 12
Other income from fixed asset investments 26,439 26,439 30,620
26,443 26,443 30,632

Unrestricted
funds Total Total
General 2021 2020
E
Donations from Manor Barn Limited 31,333
Meeting room hire 20
Other income 960 214
960 31,567

Unrestricted
Total Total
General 2021 2020
Note
Depreciation, amortisation and other
similar costs 719 719 898
Grant funding ofactivities 15,408 15,408 21,523
Allocated support costs 32,718 32,718 32,739
48,845 48,845 55,160

Support cos ts allocated to charitable
activ		 ities
Tohd Total
Grant making 2021 2020
Establishment costs 3,072 3,072 2,498
Repairs and maintenance 3,499 3,499 3,929
Office expenses 17,071 17,071 16,926
Subscriptions and donations 35 35 35
Legal and professional costs 9,041 9,041 9,351
32,718 32,718 32,739

Unrestricted
funds Total Total
General 2021 2020
f,
Independent examiner fees
Examination ofthe Anancial statements 2,760 2,760 2,760
2,760 2,760 2,760

Below are details ofmaterial Below are details ofmaterial grants grants made to institutions
2021 2020
Name ofinstitution Activity
projects Grant making 15,408 21,523
Unrestricted
Funds		 2021 2020
Projects
May Day Event 2019(over provided) (527)
May Day Event 2020 - non refundable deposit 50
Christmas
Event 2020		 8,801
Parish Magazine 39 39
Floral displays (including wages E3,507) 4,940 4,865
Esdaile Garden 485 37
Bexhill Carnival 194
Christmas
Card		 125 146
Old Town Christmas
Lighting		 Scheme 8,469 3,740
Events in general 136
Property Grant - Bexhill AAC roofproject 500 1,000
Property Grant - Convenience store sash windows 1,602
14,558 20,083
Jubilee Clock
Amounts
Payable for Projects agreed
Commemorative Board for Barrack Road Memorial Gardens 500 500
6High Street - replacement windows 500
Painting ofChurch Street lamp posts 350
850 1,000
Total 15,408 21,523

13 Tangible fixed assets
Land and Furniture
and
buHdings equipment Total
f,
Cost
At
1 April 2020		 215,949 85,345 301,294
Additions 135 135
At 31March 2021 215,949 85,480 301,429
Depreciation
At I April 2020 188,579 81,753 270,332
Charge for the year 719 719
At 31March 2021 188,579 82,472 271,051
Net book value
At 31March 2021 27,370 3,008 30,378
At 31March 2020 27,370 3+92 30,962

2021 2020
Shares in group undertakings
and participating
interests		 100 100
FA investment -UK listed other shares bfwd 753,573 940,338
FA investment -UK listed other shares revaluation 220,119 (152,009)
FA investment -UK listed other shares additions 228,335 291332
FA investment -UK listed other shares disposals (271,039) 325,988)
931,088 753,673

Shares-in group undertakings
and-participating		 interests
Subsidiary
un derhtldngs Total
Cost
At I April 2020
At 31March 2021 100
Net book value
At 31March 2021 100
At 31 March 2020 100 100
Other investments
Listed
investments Total
Cost or Valuation
At
1 April 2020		 753+73 753,573
Revaluation '220,119 '220,119
Additions 228,335 228,335
Disposals (271,039) ~271,039
At 31March 2021 930,988 930,988
Net book value
At 31March 2021 930,988 930,988
At 31March 2020 753,573 753,573

capital are a s follows:
Country of Proportion ofvoting rights Principal
Undertaking incorporation Holding and shares held activity
2021
2020
Subsidiary undertakings
Manor Barn Limited England 00%
100%		 Operation
Manor Barn		 of

15-Debtors
2021 2020
Due &om Manor Barn Limited 91,525 59,857
Other debtors 332 308
91,857 60,165
16 Current asset investments
2021 2020
Cash deposits 50,624 70,523
17Creditors: amounts falling due within one year
2021 2020
E
Other taxation and social security 27
Other creditors 8,430 5,924
Provision for agreed grants 1,000
8,430 6,951

18 Funds
Other Balance at
Balance at 1 Incoming Resources recognised 31March
April 2020 resources expended gains/(losses)
f		 2021
Unrestricted
General 932,538 28,466
(51,605)		 220,119 1,129,518
Restricted 330 330
932,868 28,466
(51,605)		 220,119 1,129,848
Other Balance at
Balance at 1 Incoming Resources recognised 31March
April 2019 resources expended gains/(losses)
f		 2020
Unrestricted
General 1,077~1 64,925
(57,920)		 (152,008) 932,538
Restricted 230 100 330
Total i'unds
19 Analysis ofnet assets between funds
Unrestricted
Total funds at
General
Restricted		 31March 2020
Tangible fixed assets 30,378 30,378
Fixed asset investments 931,088 931,088
Current assets 176,481 330 176,811
Current
liabilities		 8,429 8,429
Total net assets 1,129,518 330 1,129,848