OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2021-03-31-accounts

Page
Chairman's Report
Report of the Trustees 2 to 5
Report of the Independent Auditors 6 to 8
Statement of Financial Activities
Balance Sheet 10
Notes to the Financial Statements 11 to 19

for th e Year En ded 31 March 2021
2021 2020
Unrestricted Restricted Total Total
Notes funds funds funds
F		 fundsf
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 8,958 8,958 181,498
Charitable
activities
Shopmobility 9,721 16,060 25,781 32,120
Dial a Ride 143,917 66,250 210,167 214,302
Other trading
activities		 85 85 230
Investment
income		 97 97 417
Other income 1,114 1,114 1,927
Total 163,892 82,310 246,202 430,494
EXPENDITURE ON
Raising funds 85 85 198
Charitable
activities
Shopmobility 33,103 33,103 56,228
Dial a Ride 103,401 105,934 209,335 278,216
Total 103,486 139,037 242,523 334,642
NET INCOME/(EXPENDITURE) 60,406 (56,727) 3,679 95,852
Transfers
between funds		 (26,681) 26,681
Other recognised
gains/(losses)
Gains/(losses)
on revaluation		 of fixed assets (40,512) (40,512)
Net movement
in funds		 33,725 (70,558) (36,833) 95,852
RECONCILIATION
OF FUNDS
Total funds brought forward 255,258 230,086 485,344 389,492
TOTAL FUNDS CARRIED FORWARD 288,983 159,528 448,511 485,344

2021 2020
Unrestricted Restricted Total Total
funds funds funds funds
Notes
FIXEDASSETS
Tangible assets 9 86,422 152,264 238,686 337,833
CURRENT ASSETS
Stocks 10 350 350 435
Debtors 11 17,496 2,449 19,945 46,248
Cash at bank 199,642 4,815 204,457 114,460
217,488 7,264 224,752 161,143
CREDITORS
Amounts
falling due within one year		 12 (14,927) (14,927) (13,632)
NET CURRENT ASSETS 202,561 7,264 209,825 147,511
TOTAL ASSETS LESSCURRENT LIABILITIES 288,983 159,528 448,511 485,344
NET ASSETS 288,983 159,528 448,511 485,344
FUNDS 13
Unrestricted
funds		 288,983 255,258
Restricted
funds		 159,528 230,086
TOTAL FUNDS 448,511 485,344

OTHER TRADING A CT IVITIES
2021 2020
F
Shop income 85 230
INVESTMENT INCOME
2021 2020
F
Deposit account interest 97 417
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
2021 2020
F
Depreciation - owned assets 52,110 56,708
Deficit on disposal of fixed assets 4,013 6,178
TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2021 nor for the year ended
31 March 2020.
Trustees' expenses
2021f 2020
E
Trustees' expenses 475 420
STAFF COSTS
2021 2020
F E
Wages and salaries 130,281 177,175
Social security costs 7,118 7,406
Other pension costs 936 626
138,335 185,207
The average
monthly		 number of employees during the year was as follows:
2021 2020
Administration
and operation		 10 16

TANGIBLE FIXE DASS ETS
Furniture, Shopmobility
Improvements computers scooter
to and Motor and
property
f		 equipment vehicles wheelchairs Totals
E
COST OR VALUATION
At 1 April 2020 150,000 11,317 310,588 15,925 487,830
Additions 1,951 2,637 4,588
Disposals (2,595) (28,550) (31,145)
Revaluations (40,512) (40,512)
At 31 March 2021 109,488 10,673 284,675 15,925 420,761
DEPRECIATION
At 1 April 2020 3,125 6,808 135,759 4,305 149,997
Charge for year 6,251 1,441 41,763 2,655 52,110
Eliminated
on disposal		 (1,901) (18,131) (20,032)
At 31 March 2021 9,376 6,348 159,391 6,960 182,075
NET BOOK VALUE
At 31 March 2021 100,112 4,325 125,284 8,965 238,686
At 31 March 2020 146,875 4,509 174,829 11,620 337,833
Cost or valuation at 31 March 2021 is represented by:
Furniture, Shopmobility
Improvements computers scooter
to and Motor and
property equipment vehicles wheelchairs Totals
E
Valuation
in 2020		 (40,512) (40,512)
Cost 150,000 10,673 284,675 15,925 461,273
109,488 10,673 284,675 15,925 420,761
STOCKS
2021 2020
Stocks 350 435
DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
Trade debtors 4,532 7,532
VAT 953 18,012
Prepayments
and		 accrued income 14,460 20,704
19,945 46,248

2021 2020
E
Trade creditors 5,277 2,986
Social security and other taxes 1,758 3,350
Other creditors 2,372 1,743
Accrued expenses 5,520 5,553
18,094 13,632
MOVEMENT
IN FUNDS
Net Transfers
movement between At
At 14.20 in funds funds 31.3.21
Unrestricted
funds
General fund 255,256 60,406 (26,681) 288,981
Reserves fund 2 2
255,258 60,406 (26,681) 288,983
Restricted funds
The Big Lottery Community Fund 2 56,250 (14,062) 42,188
Lincoln Cooperative Wholesale Society 157,495 (49,419) 108,076
Shopmobility (17,043) 17,043
Development
8 Evolution		 Fund 13,964 (6,950) 7,014
Lincolnshire
Country		 Council 1,167 115 1,282
Dawber Trust 1,210 (242) 968
Community
Lottery		 (9,638) 9,638
230,086 (97,239) 26,681 159,528
TOTAL FUNDS 485,344 (36,833) 448,511

MOVEMENT IN FUNDS IN FUNDS - continu - continu - continu ed ed
Net movement in funds, included in the above are as follows:
!ncoming Resources Gains and Movement
resources expended losses in funds
E F
Unrestricted funds
General fund 163,892 (103,486) 60,406
Restricted funds
The Big Lottery Community Fund 2 (14,062) (14,062)
Lincoln Cooperative Wholesale Society (8,907) (40,512) (49,419)
Shopmobility 16,060 (33,103) (17,043)
Development & Evolution Fund (6,950) (6,950)
West Lindsey District Council 12,000 (12,000)
Lincolnshire
Country		 Council 4,250 (4,135) 115
Dawber Trust (242) (242)
Community
Lottery		 50,000 (59,638) (9,638)
82,310 (139,037) (40,512) (97,239)
246,202 (242,523) (40,512) (36,833)
Comparatives for movement in funds
Net Transfers
movement between At
At 1.4.19
f		 in funds
f.		 funds
F		 31.3.20
Unrestricted funds
General
fund		 113,257 (33,167) 175,166 255,256
Reserves fund 174,428 (174,426) 2
287,685 (33,167) 740 255,258
Restricted funds
The Big Lottery Community Fund 440 (440)
The Big Lottery Community Fund 2 75,000 (18,750) 56,250
Lincoln Cooperative Wholesale Society 157,495 157,495
West Lindsey District Council 2 8,333 (8,333)
Development & Evolution Fund 18,034 (4,070) 13,964
Lincolnshire
Country		 Council 1,167 1,167
Dawber Trust 1,210 1,210
Small funds 300 (300)
101,807 129,019 (740) 230,086
TOTAL FUNDS 389,492 95,852 485,344

Comparative
net mo		 vemen t in funds,
included
in th		 e above ar e as fol lows:
Incoming Resources Movement
resources expended in funds
E
Unrestricted
funds
General
fund		 251,209 (284,376) (33,167)
Restricted funds
The Big Lottery Community Fund 2 (18,750) (18,750)
Lincoln Cooperative Wholesale Society 163,275 (5,780) 157,495
West Lindsey
District Council 2		 (8,333) (8,333)
Development
& Evolution		 Fund (4,070) {4,070)
West Lindsey
District Council		 11,000 {11,000)
Lincolnshire
Country		 Council 3,500 (2,333) 1,167
Dawber Trust 1,210 1,210
Small funds 300 300
179,285 (50,266) 129,019
TOTAL FUNDS 430,494 (334,642) 95,852
A current year 12months and prior year 12months combined position is as follows:
Net Transfers
movement between At
At 1.4.19 in funds funds 31.3.21
f.
Unrestricted
funds
General
fund		 113,257 27,236 148,488 288,981
Reserves fund 174,428 (174,426) 2
287,685 27,236 (25,938) 288,983
Restricted funds
The Big Lottery Community Fund 440 (440)
The Big Lottery Community Fund 2 75,000 (32,812) 42,188
Lincoln Cooperative Wholesale Society 108,076 108,076
West Lindsey District Council 2 8,333 (8,333)
Shopmobility (17,043) 17,043
Development
& Evolution		 Fund 18,034 (11,020) 7,014
Lincolnshire
Country		 Council 1,282 1,282
Dawber Trust 968 968
Small funds 300 (300)
Community
Lottery		 (9,638) 9,638
101,807 31,783 25,938 159,528
TOTAL FUNDS 389,492 59,019 448,511

A current yea
follows:		 r 12mo nths
 and prior year 12 m onths
combined
net		 movement
in fun		 ds, included
in t		 he above are
Incoming Resources Gains and Movement
resources expended losses in funds
E E
Unrestricted funds
General fund 415,101 (387,862) 27,239
Restricted funds
The Big Lottery Community Fund 2 (32,812) (32,812)
Lincoln Cooperative Wholesale Society 163,275 (14,687) (40,512) 108,076
West Lindsey District Council 2 (8,333) (8,333)
Shopmobility 16,060 (33,103) (17,043)
Development & Evolution Fund (11,020) (11,020)
West Lindsey District Council 23,000 (23,000)
Lincolnshire Country Council 7,750 (6,468) 1,282
Dawber Trust 1,210 (242) 968
Small funds 300 300
Community
Lottery		 50,000 (59,638) (9,638)
261,595 (189,303) (40,512) 31,780
TOTAL FUNDS 676,697 (577,169) (40,512) 59,019

2021 2020
INCOME
Fares 25,300 86,202
Grants receivable
Lincoln City Council 42,255 84,510
Lincolnshire
County		 Council 39,250 43,500
NKDC 20,000 20,000
West Lindsey
District Council		 12,000 11,000
Dawber Trust 1,210
Volunteer
Matters		 3,122
Community
Lottery		 50,000
Coronavirus
Job Retention		 Scheme 44,021
Donations - Lincolnshire Cooperative Wholesale Society 163,275
Sundry donations 3,223 7,160
Bank deposit interest receivable 97 416
Sundry income 1,114 1,926
Registration
fees		 5,735 11,063
Sale of RADAR keys 85 230
246,202 430,492
EXPENDITURE
Purchase of RADAR keys 85 198
Wages 130,280 177,174
Social security 7,118 7,406
Pension 936 626
Vehide maintenance, fuel, licences and insurance 16,174 42,150
Volunteers
&trustees		 expenses 4,299 10,751
Printing,
stationery
and		 secretarial expenses 1,434 1,793
Postage 5 317
Advertising 248 676
Telephone 2,710 2,691
Insurance 3,422 3,229
Rent and rates ofcentre 755 1,072
Light and heat 1,951 3,447
Bad debts 636
Repairs and renewals 1,186 2,358
Computer
software
licence		 4,136 4,333
Audit and accountancy 4,829 5,269
Professional
fees		 4,093 5,631
Miscellaneous
expenses		 620 1,420
Training 75
Subscriptions 534 445
Bank charges 875 767
Depreciation 52,110 56,709
Loss on disposal 4,014 6,178
242,523 334,640
(DEFICIT)/SURPLUS FOR THE PERIOD 3,679 95,852