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

Pages
Legal 5Administrative Details
Trustees
Annual
Report
2to4
Independent
Examiner's
Report
Statement of Financial Activities
Statement
of Financial
Position
Notes to the Financial Statements 8to 15

Charity registration Charity registration number 1160007
Chairman Mr TCrane
The trustees
Mrs C Wandless - Treasurer
Mrs K Howes
MrsjThew
- Secretary
Mr I Lodge —Resigned19/11/2019
Mr T Crane
Mrs SWright
Mr K Graham —Appointed 19/11/2019
Manager Mrs H C Farrow
Address Preston Park
NORTH SHIELDS
Tyne 5Wear
NE29 9jR
Independent Examiner P N Newbold BA FCA
Torgersens
Limited
Chartered
accountants
7 Grange
Road West
jARROW
Tyne RWear
NE32 3jA

2021 2021 2020
Unrestricted Restricted Designated
funds funds funds Total funds Total funds
Note f
Income and endowments
Donations
and legacies
4 15,745 557 343,330 359,632 20,845
Other trading
activities
5 127,723 127,723 111,780
Investment
income
6 17,604 17,604 21,053
Total income 161,072 557 343,330 504,959 153,678
Expenditure
Expenditure
on
charitable
activities
7,9 165,510 557 13,441 179,508 184,697
(Profit)/Loss
on
investments 1,923 1,923 87,065
Total expenditure 165,510 557 15,364 181,'}31 271,762
Net income (4,438) 327,966 323,528 (118,084)
Fixed Asset Disposal 3,200
Transfers
in respect of
fixed assets (78,705) 78,705
Net movement
in funds
(83,143) 406,671 323,528 (114,884)
Reconciliation
offunds
Total funds brought forward 272,640 676,986 949,626 1,064,510
Totalfunds
carried
forward 189,497 1,083,657 1,273,15'} 949,626

2021 2020
Note
Fixed Assets
Tangible fixed assets 11 459,297 394,033
Investments 12 354,358 356,281
813,655 750,314
Current Assets
Debtors 13 6,787 1,000
Cash at bank and in hand 538,090 276,640
544,877 277,640
Creditors: amounts falling due
within one year 14 85,378 78,328
Net Current Assets 459,499 199,312
Total Assets Less Current Liabilities 1,273,154 949,626
Net Assets 1,273,154 949,626
Funds ofthe Charity
Designated
Funds
1,083,657 676,986
Unrestricted
funds
189,497 272,640
Total charity funds 15 1,273,154 949,626

value, over the useful econo mic
life ofthat a
sset as follows:
Property
Fixtures 5 Fittings
Straight
Straight
Line over 20 —100years
Line over 5years
Plant 5 Machinery Straight Line over 5years
Motor Vehicles Straight Line over 3years

Donations
and Legacies
Unrestricted Restricted Total Funds
Funds Funds 2021
Donations
Donations 5 Fundraising 14,928 557 15,485
Legacies
Viney trust 343,330 343,330
Legacies 258 258
358,516 557 359,632
Unrestricted Restricted Total Funds
Funds Funds
f
2020
Donations
Donations 5 Fundraising 12,730 2,068 14,798
Legacies
Legacies 6,047 6,047
18,777 2,068 20,845

Unrestricted Restricted Total Funds
Funds Fund s0 2021
General Fund Raising 165,511 14,696 180,207
Unrestricted Restricted Total Funds
Funds Funds 2020
E E E
General Fund Raising 111,780 111,780
6. Investment Income
Total
Unrestricted Funds Unrestricte Total Funds
Funds 2021
f
d Funds
E
2020
E
Bank interest 5 Dividends receivable 17,604 17,604 21,053 21,053

Unrestricted Restricted Designated Total Funds
Funds
f
Funds Funds
E
2021
Social tk Services 15,847 417 16,264
Property Expenses 130,194 140 130,334
Vehicle Expenses 7,908 7,908
General Expenses 11,562 13,441 25,003
165,511 557 13,441 179,509
Unrestricted Restricted Designated Total Funds
Funds
f
Funds Funds 2020
E
Social R Services 21,209 21,209
Property Expenses 126,364 14,665 141,029
Vehicle Expenses 6,195 2,068 8,263
General Expenses 10,638 3,558 14,196
164,406 16,734 3,558 184,697

The total staff costs and employee benefits for the reporting period are analysed
as
follows:
2021 2020
f f
Net staff salaries 93,060 94,660
Socia I Security costs 6,023 5,682
Pension Contributions 1,549 1,488

Tangible
Fixed Assets
Land and Fixtures 5. Motor
buildings Equipmentf Vehicles
f
Total
f
Cost
At 1 April 2020 403,705 15,126 418,83]
Additions 39,019 28,286 11,400 78,70'
At31March 2021 442,724 43,412 11,400 497,53'
Depreciation
At 1 April 2020 21,375 3,423 24,796
Charge for the year 5,150 8,177 114 13,44]
At31March 2021 26,525 11,600 114
Carrying
amount
At 31March 2021
416,199 31,812 11,286 459,297
At 31 March 2020 382,330 11,703 394,03:.

12. Investments
Movement
At
At in Market 31 March
1April 2020
f
value
f
2021
f
Shares Listed on UK stock exchange 356,281 (1,923) 354,358
13. Debtors
2021
f
2020
f
Other Debtors 1,000 1,000
Prepayments 5,787
6,787 1,000
14. Creditors: amounts falling due within one year
2021
f
2020
f
Accruals and deferred income 850
Other creditors 84,528 78,328
85,378 78,328

Unrestr ict ed
funds
Transfer
At in respect
offixed
At
31March
1April 2020
f
Incomef Expendituref assetsf 2021f
General funds 272,640 161,072 (165,510) (78,705) 189,497
Restricted Fund 557 (557)
Designated Fund 676,986 343,330 (15,364) 78,705 1,083,657
949,626 504,959 (181,431) 1,273,154
Transfer
in
At respect of At 31March
1April 2019
E
Income Expenditure
f
fixed assets
f
2020
General funds 338,391 151,610 (161,204) (56,157) 272,640
Restricted Funds 14,666 2,068 (16,734)
Designated Fund 711,453 (93,824) 59,357 676,986
1,064,510 153,678 (271,762) 3,200 949,626

Restricte d
Funds
Balance at Incoming Outgoing Fund Balance at
1Apr 2020
f
resources
f
resources Transfers 31Mar
E
2021
Minibus Fund 72 (72)
Volunteer
Donations 173 (173)
L Bell5 V Mckinell 312 312
557 557

Analysis of Net A ssets Between Fund s
Total
Unrestricted Designated Funds
Funds Funds 2021
Fixed Assets and Investments 813,655 813,655
Current assets 201,547 343,330 544,877
Creditors less than 1year (12,050) (73,328) (85,378)
Net assets 189,497 1,083,657 1,273,154
Total
Unrestricted Designated Funds
Funds Funds 2020
f. E
Fixed Assets and Investments 750,314 750,314
Current assets 277,640 277,639
Creditors less than 1year
(5,000) (73,328) (78,328)
Net assets 272,640 676,986 949,626

2021 2020
Social
Catering Sales 25,815 6,709
Excursions 4,228 10,601
30,043 17,310
Sales &Service 1,697 848
General Income
Donations 15,485 14,798
Investment Income 17,604 21,053
Viney Trust 343,330
Garden Fete 2,262
Christmas Fayre 3,239
Day Service Contract 23,100 22,000
Legacies 258 6,047
399,778 69,399
Rental Income
Flats 62,686 60,121
Pearey House 6,000
62,686 66,121
HMRC Income 10,756
Vehicle Disposal 3,200
Total 504,959 156,878

Social & Services
Christmas
Party
1,094
Activities 14,122 5,245
Aids & Handicrafts 2,142 1,040
Excursions 13,831
16,264
Property Expenses
Employment
Costs
100,631 103,807
Water Rates 533 575
Insurance 5,564 5,480
Heat & Light 2,971 6,141
Property Repairs & Expenses 18,077 22,476
Care Call 2,557 2,550
130,333
Vehicle Expenses 7,908
General Expenses
Office Sundries 1,640 1,598
Telephone 611 942
Postage &Stationery 514 635
Bank Charges 84 122
Legal 8 Professional Fees 8,713 7,341
11,562
Fixed Asset Depreciation 13,441
Decrease in value of investments 1,923
Total 181,432