2020-11-30-accounts

		Page
Report of the Trustees	1	to	3
Report of the Independent Auditors	4	to	5
Statement of Financial Activities		6
Balance Sheet		7
Cash Flow Statement •		8
Notes to the Cash Flow Statement		9
Notes to the Financial Statements	10	to	17
Detailed Statement of Financial Activities	18	to	19

				30.11.20	30.11.19
		Unrestricted	Restricted	Total	Total
		fund	funds	funds	funds
	Notes	£	£	£	£
INCOME AND ENDOWMENTS FROM
Donations and legacies	2	176,750		176,750	15,384
Other charitable activities	3	335,161	24,000	359,161	811,257
Other income					9,800
Total		511,911	24,000	535,911	836,441
EXPENDITURE ON
Raising funds	4	59,604		59,604	121,095
Other		602,946		602,946	681,498
Total		662,550		662,550	802,593
NET INCOME/(EXPENDITURE)		(150,639)	24,000	(126,639)	33,848
RECONCILIATION OF FUNDS
Total funds brought forward		220,014		220,014	186,166
TOTAL FUNDS CARRIED FORWARD		69,375	24,000	93,375	220,014

				30.11.20	30.11.19
		Unrestricted	Restricted	Total	Total
		fund	funds	funds	funds
	Notes	£	£	£	£
FIXED ASSETS
Tangible assets	10	145,704		145,704	116,361
CURRENT ASSETS
Stocks	11	700		700	700
Debtors	12	13,486	−	13,486	26,822
Cash at bank and in hand		104,176	24,000	128,176	167,185
		118,362	24,000	142,362	194,707
CREDITORS
Amounts falling due within one year	13	(93,119)		(93,119)	(57,894)
NET CURRENT ASSETS		25,243	24,000	49,243	136,813
TOTAL ASSETS LESS CURRENT
LIABILITIES		170,947	24,000	194,947	253,174
CREDITORS
Amounts falling due after more than one year	14	(101,572)		(101,572)	(33,160)
NET ASSETS		69,375	24,000	93,375	220,014
FUNDS	17
Unrestricted funds				69,375	220,014
Restricted funds				24,000
TOTAL FUNDS				93,375	220,014

	Cash Flow Statement
	for the Year Ended 30 November	2020
		30.11.20	30.11.19
	Notes
Cash flows from operating activities
Cash generated from operations	1	(72,269)	47,752
Interest paid			(720)
Net cash (used in)/provided by operating activities		(72,269)	47,032
Cash flows from investing activities
Purchase o f tangible fixed assets		(58,587)	(75,930)
Sale o f tangible fixed assets			9,800
Net cash used in investing activities		(58,587)	(66,130)
Cash flows from financing activities
New loans in year		96,697	49,800
Loan repayments in year		(4,850)	(7,470)
Net cash provided by financing activities		91,847	42,330
**Change in cash and cash equivalents **	in
the reporting period		(39,009)	23,232
Cash and cash equivalents at the
beginning of the reporting period		167,185	143,953
**Cash and cash equivalents at the end **	of
the reporting period		128,176	167,185

RECONCILIATION OF NET (EXPENDITURE)/INCOME TO NET OPERATING ACTIVITIES	CASH FLOW FROM
	30.11.20	30.11.19
Net (expenditure)/income for the reporting period (as per the
Statement of Financial Activities)	(126,639)	33,848
Adjustments for:
Depreciation charges	29,245	21,524
Profit on disposal o f fixed assets		(9,800)
Interest paid		720
Decrease in debtors	13,336	370
Increase in creditors	11,789	1,090
Net cash (used in)/provided by operations	(72,269)	47,752

	At 1.12.19	Cash flow	At 30.11.20
Net cash
Cash at bank and in hand	167,185	(39,009)	128,176
	167,185	(39,009)	128,176
Debt
Debts falling due within 1 year	(9,170)	(23,436)	(32,606)
Debts falling due after 1 year	(33,160)	(68,412)	(101,572)
	(42,330)	(91,848)	(134,178)
Total	124,855	(130,857)	(6,002)

	30.11.20	30.11.19
Donations and fundraising	6,467	14,384
Grants	170,283	1,000
	176,750	15,384
Grants received, included in the above, are as follows:
	30.11.20	30.11.19
Capital Spend		1,000
Government grants in relation to Covid 19	167,911
Other grants received	2,372
	170,283	1,000

3.	OTHER CHARITABLE ACTIVITIES
		30.11.20	30.11.19
	Reception sales	181,240	416,935
	Membership fees	86,818	178,491
	Cafe sales	24,974	110,063
	Facility hire	39,911	102,305
	Other income	26,218	3,463
		359,161	811,257
4.	RAISING FUNDS
	Other trading activities
		30.11.20	30.11.19
	Opening stock	700	700
	Purchases	19,339	61,398
	Closing stock	(700)	(700)
	Pool costs	3,958	8,466
	Other costs o f sale	1,558	7,012
	Instructor costs	24,585	34,618
	Pensions	10,164	9,601
		59,604	121,095
5.	SUPPORT COSTS
			Administration
			costs
	Other resources expended		602,946
6.	NET INCOME/(EXPENDITURE)
	Net income/(expenditure) is stated after charging/(crediting):
		30.11.20	30.11.19
	Depreciation −owned assets	29,244	21,524
	Hire of plant and machinery	1,030	563
	Surplus on disposal of fixed assets		(9,800)

STAFF COSTS
	30.11.20	30.11.19
Wages and salaries	304,425	373,171
	304,425	373,171
The average monthly number of employees during the year was as follows:
	30.11.20	30.11.19
Full−time staff	15	15
Part−time staff	28	28
	43	43

COMPARATIVES FOR THE STATEMENT OF FI	NANCIAL ACTIVITIES
	Unrestricted	Restricted	Total
	fund	funds	funds
INCOME AND ENDOWMENTS FROM
Donations and legacies	15,384		15,384
Other charitable activities	811,257		811,257
Other income	9,800		9,800
Total	836,441		836,441
EXPENDITURE ON
Raising funds	121,095		121,095
Other	681,498		681,498
Total	802,593		802,593
NET INCOME	33,848		33,848
RECONCILIATION OF FUNDS
Total funds brought forward	186,166		186,166

9.	**COMPARATIVES FOR THE **	**STATEMENT **	**OF FINANCIAL **	ACTIVITIES	−continued
				Unrestricted	Restricted	Total
				fund	funds	funds
				£	£	£
	TOTAL FUNDS CARRIED FORWARD			220,014		220,014
10.	TANGIBLE FIXED ASSETS
				Fixtures
		Leasehold	Plant and	and	Computer
		property	machinery	fittings	equipment	Totals
		£	£	£	£	£
	COST
	At 1 December 2019	38,395	1,025	119,007	3,075	161,502
	Additions			58,587		58,587
	At 30 November 2020	38,395	1,025	177,594	3,075	220,089
	DEPRECIATION
	At 1 December 2019	1,986	500	40,628	2,027	45,141
	Charge for year	1,536	105	27,394	209	29,244
	At 30 November 2020	3,522	605	68,022	2,236	74,385
	NET BOOK VALUE
	At 30 November 2020	34,873	420	109,572	839	145,704
	At 30 November 2019	36,409	525	78,379	1,048	116,361
11.	STOCKS
					30.11.20	30.11.19
					£	£
	Stocks				700	700
12.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
					30.11.20	30.11.19
					£	£
	Trade debtors				9,238	14,729
	Other debtors					8,805
	VAT				2,999	2,944
	Prepayments				1,249	344
					13,486	26,822

13.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
		30.11.20	30.11.19
		£	£
	Bank loans and overdrafts (see note 15)	32,606	9,170
	Trade creditors	26,704	26,246
	Other creditors	7,925	9,000
	Accrued expenses	25,884	13,478
		93,119	57,894
14.	CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
		30.11.20	30.11.19
		£	£
	Bank loans (see note 15)	101,572	33,160
15.	LOANS
	An analysis o f the maturity of loans is given below:
		30.11.20	30.11.19
		£	£
	Amounts falling due within one year on demand:
	Bank loans	32,606	9,170
	Amounts falling between one and two years:
	Bank loans −1−2 years	81,606	9,170
	Amounts falling due between two and five years:
	Bank loans −2−5 years	19,966	23,990

MOVEMENT IN FUNDS
		Net
	At	movement	At
	1.12.19	in funds	30.11.20
	£	£	£
Unrestricted funds
General fund	220,014	(150,639)	69,375
Restricted funds
Food poverty Initiative		24,000	24,000
TOTAL FUNDS	220,014	(126,639)	93,375

Net movement in funds, included in the above are as foll	ows:
	Incoming	Resources	Movement
	resources	expended	in funds
	£	£	£
Unrestricted funds
General fund	511,911	(662,550)	(150,639)
Restricted funds
Food poverty Initiative	24,000		24,000
TOTAL FUNDS	535,911	(662,550)	(126,639)
Comparatives for movement in funds
		Net
	At	movement	At
	1.12.18	in funds	30.11.19
	£	£	£
Unrestricted funds
General fund	186,166	33,848	220,014
TOTAL FUNDS	186,166	33,848	220,014
Comparative net movement in funds, included in the above are as follows:
	Incoming	Resources	Movement
	resources	expended	in funds
	£	£	£
Unrestricted funds
General fund	836,441	(802,593)	33,848
TOTAL FUNDS	836,441	(802,593)	33,848

		Net
	At	movement	At
	1.12.18	in funds	30.11.20
Unrestricted funds
General fund	186,166	(116,791)	69,375
Restricted funds
Food poverty Initiative		24,000	24,000
TOTAL FUNDS	186,166	(92,791)	93,375

	Incoming	Resources	Movement
	resources	expended	in funds
	£	£	£
Unrestricted funds
General fund	1,348,352	(1,465,143)	(116,791)
Restricted funds
Food poverty Initiative	24,000		24,000
TOTAL FUNDS	1,372,352	(1,465,143)	(92,791)

**for the Year Ended 30 **	November 2020
	30.11.20	30.11.19
INCOME AND ENDOWMENTS
Donations and legacies
Donations and fundraising	6,467	14,384
Grants	170,283	1,000
	176,750	15,384
Other charitable activities
Reception sales	181,240	416,935
Membership fees	86,818	178,491
Cafe sales	24,974	110,063
Facility hire	39,911	102,305
Other income	26,218	3,463
	359,161	811,257
Other income
Gain on sale o f tangible fixed assets		9,800
Total incoming resources	535,911	836,441
EXPENDITURE
Other trading activities
Opening stock	700	700
Cafe goods for resale	15,892	46,770
Reception goods for resale	3,447	14,628
Pool costs	3,958	8,466
Other costs o f sale	1,558	7,012
Instructor costs	24,585	34,618
Pensions	10,164	9,601
Closing stock	(700)	(700)
	59,604	121,095
Other
Bank loan interest		720
Support costs
Administration costs
Wages	304,425	373,171
Hire o f plant and machinery	1,030	563
Water	16,911	23,602
Insurance	23,827	24,159
Light and heat	111,909	129,749
Telephone	10,040	(913)
Carried forward	468,142	550,331

for the Year Ended 3	0 November 2020
	30.11.20	30.11.19
	£	£
Administration costs
Brought forward	468,142	550,331
Postage and stationery	668	1,846
Advertising		158
Sundries	900	2,419
Repairs and renewals	19,440	24,254
Training	554	2,828
Household and cleaning	12,922	9,596
Computer costs	6,050	6,327
Clothing and worlcwear	−	664
Irrecoverable VAT	32,594	19,328
Legal fees	23,096	28,274
Auditor's fees	5,075	4,950
Bank charges	4,191	5,507
Other establishment costs	1	2,422
Motor expenses	68	350
Short leasehold	1,536	1,536
Plant and machinery	105	−
Dep'n of fixtures & fittings	27,394	19,595
Dep'n of Plant & machinery		131
Dep'n o f computer equipment	210	262
	602,946	680,778
Total resources expended	662,550	802,593
Net (expenditure)/income	(126,639)	33,848