2021-07-31-accounts - Brainwave Independence Group

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		Page
Report ofthe Trustees	1	to	2
Statement ofFinancial Activities
Balance Sheet	4	to	5
Notes to the Financial Statements	6	to	11
Detailed Statement ofFinancial Activities	12	to	13

					31.7.21	31.7.20
					Unrestricted	Total
					fund	funds
				Notes
INCOME	AND ENDOWMENTS		FROM
Donations	and legacies				34,612	26,308
Charitable	activities
COVID-19 Coronavirus	East Suffolk Council Grant Job Retention Scheme Grant				15,774 31,212	10,000
Other trading activities					89,264	57,790
Total					170,862	94,098
EXPENDITURE ON
Raising funds					158,758	80,159
Other					302	1,375
Total					159,060	81,534
NET INCOME					11,802	12,564
RECONCILIATION OF		FUNDS
Total funds	brought forward				171,343	158,779
TOTAL FUNDS CARRIED FORWARD					183,145	171,343

		31.7.21	31.7.20
		Unrestricted	Total
		fund	funds
	Notes
FIXEDASSETS
Tangible assets		67,822	67,504
CURRENT ASSETS
Debtors Cash at bank and in hand		20,717 101,648	27,575 86,454
		122,365	114,029
CREDITORS
Amounts falling due within one year		(1,256)	(4,404)
NET CURRENT ASSETS		121,109	109,625
TOTAL ASSETSLESSCURRENT
LIABILITIES		188,931	177,129
CREDITORS
Amounts falling due after more than one year	10	(5,786)	(5,786)
NET ASSETS		183,145	171,343
FUNDS	12
Unrestricted funds		183,145	171,343
TOTAL FUNDS		183,145	171,343

Net income/(expenditure)
	31.7.21	31.7.20
Depreciation - owned assets	302
Rent	86,697	38,011

COMPARATIVES FOR THE STATEMENT OF FINANCIAL AC	TIVITIES
	Unrestricted
	fund
INCOME AND ENDOWMENTS FROM
Donations and legacies	26,308
Charitable activities
COVID-19 East Suffolk Council Grant	10,000
Other trading activities	57,790
Total	94,098
EXPENDITURE ON
Raising funds	80,159

COMPARATIVES	FOR THE STATEMENT OF FINANCIAL	ACTIVITIE	S -continued
				Unrestricted
				fund
Other				1,375
Total				81,534
NET INCOME				12,564
RECONCILIATION	OF FUNDS
Total funds brought	forward			158,779
TOTAL FUNDS CARRIED FORWARD				171,343
TANGIBLE FIXED	ASSETS
		Freehold	Plant and
		property	machinery	Totals
COST
At 1 August 2020		66,111	1,393	67,504
Additions			620	620
At 31 July 2021		66,111	2,013	68,124
DEPRECIATION
Charge for year			302	302
NET BOOK VALUE
At 31July 2021		66,111	1,711	67,822
At 31July 2020		66,111	1,393	67,504
DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
			31.7.21	31.7.20
Other debtors			20,281	21,048
Accruals			358
Prepayments			78	6,527
			20,717	27,575

	FOR THE YEAR ENDED 31J	FOR THE YEAR ENDED 31J	ULY 2021
9.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE		YEAR
				31.7.21	31.7.20
	Trade creditors			I	1,001
	Social security and other taxes			581	2,134
	Other creditors			44	69
	Accrued expenses			630	1,200
				1,256	4,404
10.	CREDITORS: AMOUNTS FALLING DUE AFTER MORE		THAN ONE	YEAR
				31.7.21	31.7.20
	Other loans (see note 11)			5,786	5,786
11.	LOANS
	An analysis ofthe maturity ofloans is given below:
				31.7.21	31.7.20
	Amounts falling due between two	and five years:
	Other loans - 2-5 years			5,786	5,786
12.	MOVEMENT IN FUNDS
				Net
				movement	At
			At 1.8.20	in funds	31.7.21
	Unrestricted funds
	General fund		171,343	11,802	183,145
	TOTAL FUNDS		171,343	11,802	183,145
	Net movement in funds, included	in the above are as follows:
			Incoming	Resources	Movement
			resources	expended	in funds
	Unrestricted funds
	General fund		170,862	(159,060)	11,802
	TOTAL FUNDS		170,862	(159,060)	11,802