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|EM Crew overview|||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||Cumulabve||STEMCieiv|||aAe vuAe 2019 v 2020||||
|STEM CREW KPls|End 2020|Annual%
mcrsase|2020
Target|2021 Target|Lav 000||||||||||
|||||||||20IO|||||||
|Young people taught *|200K|+33%||300K|Aeacus||—-2020||||||||
|*Plus ZERO Days resources|used in 600|schools with|est reach|1M children|'0i c.;u||||||||||
||||||ix' Mru||||||||||
|All registered
users|6,500|+65"I'c||9,000|||||||||||
|Secondaryteachers|3,550|(33%||5,000|||||||||||
||||||0||||||||||
|% UK secondary
schools|36%|+35%||45%||Je|Feb Lu|Ap|bb|I r|lvt,|Aue C u Oc|Nc|Oec|
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|2021 Kpls|End
2019|End
2020|2021
Target|increase||||
|---|---|---|---|---|---|---|---|
||||||||000 000|
|Young people reached|150K|200K|300K|+50%||||
|All STEM Crew users|3,900|6,500|9,000|+40%||||
|Secondary STEM teachers|2,650|3,600|5,000|+40%||||
|||||||10'I.000||
|% UK secondary schools|28%|39%|45%*|+15%||||
|*Based on our understanding|ofthe nail onsl penelrall on ofother STEM||||00.000|||
|Programmes
into schools, we|expect the growth in schools represented|||lo||||
|slow, and are pursuing
growlh|through
more teachers
wl lhln current schools.|||||||
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|(Including
Income an|d Expe|nditur|e
Account)||||
|---|---|---|---|---|---|---|
||||||Total|Total|
||||Unrestricted|Restricted|31 December|31 December|
|||Note|funds
f|funds
f|2020
f|2019
f|
|Income and Endowments|from:||||||
|Donations
and legacies||3|567,514|120,000|687,514|1,065,093|
|Other trading
activities and|events|4|85,000||85,000|300,720|
|Investment
income||||||508|
|Total income|||652,514|120,000|772,514|1,366,321|
|Expenditure
on:|||||||
|Raising funds|||(41,475)||(41,475)|(32,454)|
|Charitable
activities||5|~562 707|~169500|~732207|(1 252 987)|
|Total expenditure|||~604 182|(~169500|~773682|(1285441)|
|Net income/(expenditure)|||48 332|~49500|{1168)|80 880|
|Net movement
in funds|||48,332|(49,500)|(1,168)|80,880|
|Reconciliation
offunds|||||||
|Total funds brought forward|||328 598|139500|468 098|387218|
|Total funds carried forward||15|376,930|90,000|466,930|468,098|
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|||||31 December|31 December|
|---|---|---|---|---|---|
|||||2020|2019|
|||Note|||6|
|Fixed assets||||||
|Tangible assets|||10|7,833|12,920|
|Investments|||11|1 000|1 000|
|||||8,833|13,920|
|Current assets||||||
|Debtors|||12|69,662|152,416|
|Cash at bank and in hand||||418841|476328|
|||||488,503|628,744|
|Creditors: Amounts|falling due|||||
|within one year|||13|(30406)|(174566)|
|Net current assets||||458 097|454 178|
|Net assets||||466,930|468,098|
|Funds ofthe Charity:||||||
|Restricted
income funds||||90,000|139,500|
|Unrestricted
income funds||||376930|328 598|
|Total funds|||15|466,930|468,098|
##
|1851Marine Trust|1851Marine Trust||||||
|---|---|---|---|---|---|---|
|Statement ofCash Flow|||||||
|For the year ended 31 December|||2020||||
||||||2020|2019|
|||||Note||6|
|Cashf low from operating|activities||||||
|Net cashflow from operations|||See below||56456|62031|
|Total cashflow from operating||activities|||56456|62031|
|Cashflow from investing|activities||||||
|Interest received||||||508|
|Payments
to acquire fixed|assets||||~1 031|(13373)|
|Total cashflow on Investing
activities|||||~1031|(12685)|
|Net decrease
in cash and|cash|equivalents|||(57,487)|49,166|
|Cash and cash equivalents|at 1 January 2020||||476 328|427 162|
|Cash and cash equivalents|at 31|December||2020|418,841|476,328|
|Cash and cash equivalents
consist of:|||||||
|Cash at bank and
in hand|||||418841|476328|
|Cash and cash equivalent|at 31 December 2020||||418,841|476,328|
|Reconciliation
of income|to net|cash flow||from operations:|||
||||||2020|2019|
||||||6||
|Net income resources|||||(1,168)|80,880|
|Adjustments
for:|||||||
|Interest received||||||(508)|
|Depreciation
charges|||||6,118|4,873|
|(Increase)/decrease
in debtors|||||82,754|(121,263)|
|Increase/(decrease)
in creditors|||||~144 160|98049|
|Net cash from operations|||||(56,456)|62,031|
|The Charity has no net debt (2019 - 6nil).|||||||
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|2
Comparative
Statement|of Fin|ancial Activi|ties|||
|---|---|---|---|---|---|
||||||Total|
||||Unrestricted|Restricted|31 December|
||||Funds|Funds|2019|
|||Note||Z||
|Income and Endowments|from;|||||
|Donations
and legacies|||760,593|304,500|1,065,093|
|Other trading
activities|||720|300,000|300,720|
|Investment
income|||508||508|
|Total Income|||761,821|604,500|1,366,321|
|Expenditure
on:||||||
|Raising funds|||(32,454)||(32,454)|
|Charitable
activities|||776987|~476 000|~1252 067|
|Total expenditure|||(809441)|(476000)|(~1285441)|
|Net Income/(expenditure)|||47620|128500|80880|
|Net movement
in funds|||47620|128500|ea eea|
|Reconciliation
offunds||||||
|Total funds brought forward|||376218|11000|387218|
|Total funds carried forward||15|328,598|139,500|468,098|
##
|||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|
|||||funds|funds|2020|2019|
||||||||8|
|Trusts and||Foundations|||94,000|94,000|106,490|
|Government||grants (job retention|scheme)|52,198||52,198||
|Corporate|donations|||515,000|26,000|541,000|932,200|
|Individual|donations|||316||316|26403|
|||||567,514|120,000|687,514|1,065,093|
##
##
||||Unrestricted|Restricted|2020|2019|
|---|---|---|---|---|---|---|
||||Funds|Funds|Total Funds|Total Funds|
||||6|6|8|6|
|Income from fundraising|events|||||720|
|Sponsorship
income|||85000||85000|300000|
||||85,000||85,000|300,720|
|5
Expenditure
on charitable||activities|||||
||||Unrestricted|Restricted|2020|2019|
||||Funds|Funds|Total Funds|Total Funds|
||||6|6|6|K|
|Roadshow
programme|||398|19,727|20,125|66,646|
|Sustainability
projects||||||38,596|
|Go Sail and Rebels Crew sailing||programme|19,020||19,020|225,767|
|Tech Deck and STEM Crew projects|||117,547|94,303|211,850|338,831|
|Programme
development|||2,685||2,685|15,893|
|Programme
marketing
to schools/teachers||||||7,310|
|Staff costs (see note 9)|||341,013|46,419|387,432|419,755|
|Support costs|||82 044|9051|91 095|140189|
||||562,707|169,500|732,207|1,252,987|
|Support costs are made up as follows:|||||||
|Rent and property costs|||20,144|2,051|22,195|42,068|
|Staff training,
recruitment|and clothing||4,520|1,000|5,520|9,341|
|Travel subsistence
and accommodation|||4,815|2,000|6,815|12,315|
|Office and IT|||15,661|4,000|19,661|12,812|
|Insurance|||7,514||7,514|5,120|
|Finance costs|||457||457|1,959|
|Subcontractor
costs||||||6,391|
|Governance
costs (see note 6)|||10,899||10,899|24,073|
|Finance support|||11,916||11,916|21,237|
|Depreciation|||6 118||6 118|4 873|
||||82,044|9,051|91,095|140,189|
##
##
|||||2020|2019
f|
|---|---|---|---|---|---|
|Independent|examiner's|fee||3,000||
|Auditors
remuneration||||2,864|12,080|
|Taxation advice||||240|3,825|
|Accountancy|and advisory|||2,802|3,786|
|Legalfees||||1 993|4382|
|||||10,899|24,073|
|7
Net incoming
resources||||||
|Net incoming|resources|for the year is stated after:||||
|||||2020|2019|
|Depreciation|offixed assets|||6,118|4,873|
|8
Trustees|remuneration||and expenses|||
##
|9 Staff costs|||
|---|---|---|
||2020|2019|
||5||
|Staff costs during the year were:|||
|Wages and salaries|341,890|369,422|
|Social security costs|32,768|34,879|
|Pension costs|12774|15454|
|Total Staff costs|387,432|419,755|
##
##
##
|were E108,579(2019 -
were:|E108,064).The number ofemplo|yees
whose annual
remuneratio|n
was E60,00|
|---|---|---|---|
|||2020|2019|
|E90,000-E100,000||||
|10Tangible fixed assets||||
|||Office|Equipment|
|||2020|2019|
|||E|E|
|Cost||||
|At 1 January 2020||19,119|16,641|
|Additions||1,031|13,373|
|Disposals|||(10895)|
|At 31 December 2020||20 150|19119|
|Depreciation||||
|At 1 January 2020||6,199|12,221|
|Charge for the year||6,118|4,873|
|Depreciation
eliminated|on disposal||(10895)|
|At 31 December 2020||12,317|6,199|
|Net book value||||
|At 31 December 2020||7,833|12,920|
|At 31 December 2019||12,920|4,420|
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|Investment
in Stem Crew Ltd|||
|---|---|---|
||Unlisted|Investments|
||2020|2019|
|Cost|||
|At 1 January 2020 and 31 December 2020|1,000|1,000|
|Net book value|||
|At 31 December 2020, and 31 December 2019|1,000|1,000|
|The trading
subsidiar|y
was dorman|t
in the past two years:||||
|---|---|---|---|---|---|
||||2020||2019|
||||6||6|
|Income||||||
|Expenditure||||||
|Net profit (loss)||||||
|Net assets at 31 December||||||
|For the year ending|31 December|2020 the company was dormant,||||
|12Debtors||||||
||||2020||2019|
||||||6|
|Grants receivable|||60,000||80,000|
|Amounts
recoverable|from trading|company||68|68|
|Accrued income|||||64,000|
|Prepayments|||4,594||7,072|
|Other debtors|||5|000|1 276|
||||69,662||152,416|
##
##
##
|13Credi|tors:|amount|s
falling due within one year|||
|---|---|---|---|---|---|
|||||2020
6|2019
f|
|Creditors||||12,166|32,494|
|Taxation|and|social security||14,748|24,336|
|Accruals|and|deferred|income|3492|117736|
|||||30,406|174,566|
##
|Deferred inco|me|comprises ofmonie|s tow|ards
future Roa|d shows, the|STEM crew proj|ect and Go Sail|
|---|---|---|---|---|---|---|---|
|||||||2020|2019|
|||||||E|E|
|Balance at 1 January 2020||||||64,000|20,000|
|Amounts
released||to income earned|from|charitable
activities||(64,000)|(10,000)|
|Amount
deferred||in year|||||54000|
||||||||64,000|
|15Funds||||||||
|||||Balance at|||Balance at|
|||||1January|||31 December|
|||||2020|Income|Expenditure|2020|
|||||E|E||E|
|Unrestricted|funds|||328,598|652,514|(604,182)|376,930|
|Restricted funds||||||||
|Roadshows||||35,000|59,000|(35,000)|59,000|
|STEM and the Sea, and the Tech Deck||||11,000|11,000|(11,000)|11,000|
|Rebels Crew|||||20,000||20,000|
|STEM Crew||||93500|30000|~123500||
|Total restricted|funds|||139500|120000|~169500|90000|
|Totalfunds||||468,098|772,514|(773,682)|466,930|
##
##
##
|to deliver sports-inspiring
lessons
in STEM|to deliver sports-inspiring
lessons
in STEM|subjects to y|oung people.|||
|---|---|---|---|---|---|
|2019Comparative||Balance at|||Balance at|
|||1 January|||31 December|
|||2019|Income|Expenditure|2019|
|||6||8|E|
|Unrestricted|funds|376,218|761,821|(809,441)|328,598|
|Restricted funds||||||
|Roadshows|||140,000|(105,000)|35,000|
|STEM and the Sea, and the Tech Deck||11,000|149,819|(149,819)|11,000|
|Go Sail programme|||10,000|(10,000)||
|Rebels Crew|||73,023|(73,023)||
|STEM Crew|||231658|(138158)|93500|
|Total restricted|funds|11000|604 500|(476 000)|139500|
|Total funds||387,218|1,366,321|(1,285,441)|468,098|
##
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##
|Net ass|ets be|tween funds|||||
|---|---|---|---|---|---|---|
|||||||Total funds|
|||||Unrestricted|Restricted|31 December|
|||||funds|funds|2020|
|||||E|E|E|
|Tangible|fixed|assets||7,833||7,833|
|Investments||||1,000||1,000|
|Current|assets|||398,503|90,000|488,503|
|Current|liabilities|||~30406||~30406|
|||||376,930|90,000|466,930|
|||||||Total funds|
|Comparative||information:||Unrestricted|Restricted|31 December|
|||||funds|funds|2019|
||||||E|F.|
|Tangible|fixed|assets||12,920||12,920|
|Investments||||1,000||1,000|
|Current|assets|||489,244|139,500|628,744|
|Current|liabilities|||(174566)||(174566)|
|||||328,598|139,500|468,098|
|17Financial instruments|||||||
||||||2020|2019|
||||||E|E|
|Financial|assets at amoriised||cost||483,909|620,396|
|Financial|liabilities at amortised||cost||~30406|(~110566|
|Net financial assets|||||453,503|509,830|
##
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|At the reporting date, the Trust had the following
mini
space falling due as below:|mum
future lease commitments
in re|spect ofoffi|
|---|---|---|
||2020|2019|
|||6|
|Within one year|11,034|11,034|
|Between two and five years|7356|18390|
||18,390|29,424|