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|||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|





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|||||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|





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|||||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|





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||**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|





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|**RECONCILIATION OF NET (EXPENDITURE)/INCOME TO NET **<br>**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|



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||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)|





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||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|





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|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)|





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|**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|





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|**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|





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|**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|



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|**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|





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|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|





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|||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)|



## 



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|**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|





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|**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|