2021-03-31-accounts

				Page
Reference and Administrative		Details
Chair's Statement
Report ofthe Trustees			3	to	5
Independent Examiner's	Report
Statement of Financial	Activities
Balance Sheet			8	to	9
Notes to the Financial Statements			10	to	17
Detailed Statement of Financial		Activities	18	to	19

TRUSTEES		Mrs K Cleverdon Chartered	Mrs K Cleverdon Chartered	Mrs K Cleverdon Chartered	Accountant	Accountant
		Ms K Miliett Director
		SJ Hardy Solutions	Architect
		Mrs P A Hardy Speech		and	Language	Therapist
		Mrs DE Martin-Harker		Retired (resigned			3/6/2020)
REGISTERED OFFICE		7The Broadway
		Broadstairs
		Kent
		CT10 2AD
REGISTERED COMPANY NUMBER		09122651 (England	and Wales)
REGISTERED CHARITY NUMBER		1163509
INDEPENDENT	EXAMINER	Stephen Margetts
		18Upper Dane Road
		Marg ate
		Kent
		CT9 2LX

					2021	2020
		Unrestricted	Restricted	Broadstairs	Total	Total
		funds	funds	Town Shed	funds	funds
	Notes	f	f	f	f	f
INCOME AND ENDOWMENTS
FROM
Donations and legacies		2,576		29,045	31,621	6,960
Charitable activities
Shed product sales and
community work				1,011	1,011	5,173
Shed membership fees				8,523	8,523	9,650
Friends ofthe Shed				25	25	220
Other trading activities						9,712
Total		2,576		38,604	41,180	31,715
EXPENDITURE ON
Raising funds		83		180	263	4,353
Charitable activities
Broadstairs Town Shed		15	3,600	21,406	25,021	34,259
The Station Crew		305			305	434
Gardens Group		362			362	817
Harbour and Seafront Group						6,476
Heritage and Archive Project						3,868
Community support		4,823			4,823	2,696
Total		5,588	3,600	21,586	30,774	52,903
NET INCOME/(EXPENDITURE)		(3,012)	(3,600)	17,018	10,406	(21,188)
Transfers between funds	11	630	(630)
Net movement in funds		(2,382)	(4,230)	17,018	10,406	(21,188)
RECONCILIATION OF FUNDS
Total funds brought forward		2,974	18,997	44,973	66,944	88,132
TOTAL FUNDS CARRIED
FORWARD		592	14,767	61,991	77,350	66,944

					2021	2020
		Unrestricted	Restricted	Broadstairs	Total	Total
		funds	funds	Town Shed	funds	funds
	Notes	f	f	f	E	E
FIXEDASSETS
Tangible assets			7,200	10,776	17,976	25,038
CURRENT ASSETS
Debtors		35		4,394	4,429	4,079
Cash at bank and in hand		749	7,567	47,583	55,899	38,788
		784	7,567	51,977	60,328	42,867
CREDITORS
Amounts falling due within one
year	10	(192)		(762)	(954)	(961)
NET CURRENT ASSETS		592	7,567	51,215	59,374	41,906
TOTAL ASSETS LESSCURRENT
UABILmES		592	14,767	61,991	77,350	66,944
NET ASSETS		592	14,767	61,991	77,350	66,944
FUNDS
Unrestricted funds					592	2,974
Restricted funds					76,758	63,970
TOTAL FUNDS					77,350	66,944

				2021	2020
				E	f
Donations				5,570	6,960
Grants				26,051
				31,621	6,960
Grants received, included			in the above, are as follows:
				2021	2020
					f
Kent Community Foundation				3,664
The Hobson	Charity			2,000
TDC Covid-19		grant		10,000
Job Retention		Scheme		10,387
				26,051
OTHER TRADING ACTIVITIES
				2021	2020
				f	f
Fundraising	events				9,712

		2021	2020
			E
Depreciation	- owned assets	7,404	8,389
Independent	Examination	60	60

	2021	2020
Broadstairs Town Shed	1	1
All projects	1	1

			Unrestricted	Restricted	Broadstairs	Broadstairs	Total
			funds	funds	Town	Shed	funds
			f		E		f
INCOME AND ENDOWMENTS	FROM
Donations and legacies			130	736	6,094		6,960
Charitable activities
Shed product sales and community		work			5,173		5,173
Shed membership fees					9,650		9,650
Friends ofthe Shed						220	220
Other trading activities				9,712			9,712
Total			130	10,448	21,137		31,715
EXPENDITURE ON
Raising funds			174	3,471		708	4,353
Charitable activities
Broadstairs Town Shed			12	3,600	30,647		34,259
The Station Crew			434				434
Gardens Group			817				817
Harbour and Seafront Group				6,476			6,476
			Page 12				continued .

	COMPARATIVES	FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued	FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued	FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued	FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
				Unrestricted	Restricted	8roadstairs	Total
				funds	funds	Town Shed	funds
					f.		f
	Heritage and Archive		Project	3,868			3,868
	Community support			2,696			2,696
	Total			8,001	13,547	31,355	52,903
	NET INCOME/(EXPENDITURE)			(7,871)	(3,099)	(10,218)	(21,188)
	RECONCILIATION	OF FUNDS
	Totai funds brought		forward	10,845	22,096	55,191	88,132
	TOTAL FUNDS CARRIED FORWARD			2,974	18,997	44,973	66,944
8.	TANGIBLE FIXED	ASSETS
					Improvements
					to	Plant and
					property	machinery	Totals
					f		f
	COST
	At 1 April 2020				17,147	40,499	57,646
	Additions					342	342
	At 31 March 2021				17,147	40,841	57,988
	DEPRECIA IION
	At 1 April 2020				6,942	25,666	32,608
	Charge for year				1,714	5,690	7,404
	At 31 March 2021				8,656	31,356	40,012
	NET BOOK VALUE
	At 31 March 2021				8,491	9,485	17,976
	At 31 March 2020				10,205	14,833	25,038

9.		DEBTORS:AMOUNTS	DEBTORS:AMOUNTS	DEBTORS:AMOUNTS	FALLING	FALLING	DUE WITHIN ONE YEAR
									2021	2020
									E	f
		Prepayments		and accrued		income			4,429	4,079
10.		CREDITORS: AMOUNTS				FALLING DUE WITHIN ONE YEAR
									2021	2020
									E
	,	Accruals and deferred			income				954	961
11.		MOVEMENT		IN FUNDS
								Net	Transfers
								movement	between	At
							At 1/4/20	in funds	funds	31/3/21
							f	f
		Unrestricted		funds
		General fund					2,974	(3,012)	630	592
		Restricted funds
		Broadstairs	Town Shed				44,973	17,018		61,991
		Turner and	Dickens Mosaics				150			150
		Thanet Hut	Watch				630		(630)
		Shed Lift					10,800	(3,600)		7,200
		Shed Roof Fund					7,417			7,417
							63,970	13,418	(630)	76,758
		TOTAL FUNDS					66,944	10,406		77,350
		Net movement		in funds, included			in the above are as follows:
								Incoming	Resources	Movement
								resources	expended	in funds
									E	E
		Unrestricted		funds
		General fund						2,576	(5,588)	(3,012)
		Restricted funds
		Broadstairs	Town Shed					38,604	(21,586)	17,018
		Shed Lift							(3,600)	(3,600)
								38,604	(25,186)	13,418
		TOTAL FUNDS						41,180	(30,774)	10,406

		Net	Transfers
		movement	between	At
	At 1/4/1 9	in funds	funds	31/3/20
	f	E		f
Unrestricted funds
General fund	10,357	(7,670)	287	2,974
Brush Up Broadstairs	287		(287)
Gardens Group	201	(201)
	10,845	(7,871)		2,974
Restricted funds
Broadstairs Town Shed	55,191	(10,218)		44,973
Turner and Dickens Mosaics	150			150
Harbour and Seafront Group	6,476	(6,476)
Thanet Hut Watch	630			630
Shed Lift	14,400	(3,600)		10,800
Shed Roof Fund	440	6,977		7,417
	77,287	(13,317)		63,970
TOTAL FUNDS	88,132	(21,188)		66,944

		Incoming	Resources	Movement
		resources	expended	in funds
		f	E	f
Unrestricted	funds
General fund		90	(7,760)	(7,670)
Gardens Group		40	(241)	(201)
		130	(8,001)	(7,871)
Restricted funds
Broadstairs Town Shed		21,137	(31,355)	(10,218)
Harbour and	Seafront Group		(6,476)	(6,476)
Shed Lift			(3,600)	(3,600)
Shed Roof Fund		10,448	(3,471)	6,977
		31,585	(44,902)	(13,317)
TOTAL FUNDS		31,715	(52,903)	(21,188)

		Net	Transfers
		movement	between	At
	At 1/4/19	in funds	funds	31/3/21
	f	F.	F	f
Unrestricted funds
General fund	10,357	(10,682)	917		592
Brush Up Broadstairs	287		(287)
Gardens Group	201	(201)
	10,845	(10,883)	630		592
Restricted funds
Broadstairs Town Shed	55,191	6,800		61,991
Turner and Dickens Mosaics	150				150
Harbour and Seafront Group	6,476	(6,476)
Thanet Hut Watch	630		(630)
Shed Lift	14,400	(7,200)		7,200
Shed Roof Fund	440	6,977		7,417
	77,287	101	(630)	76,758
TOTAL FUNDS	88,132	(10,782)		77,350

		Incoming	Resources	Movement
		resources	expended	in funds
		f		F
Unrestricted	funds
General fund		2,666	(13,348)	(10,682)
Gardens Group		40	(241)	(201)
		2,706	(13,589)	(10,883)
Restricted funds
Broadstairs Town Shed		59,741	(52,941)	6,800
Harbour and	Seafront Group		(6,476)	(6,476)
Shed Lift			(7,200)	(7,200)
Shed Roof Fund		10,448	(3,471)	6,977
		70,189	(70,088)	101
TOTAL FUNDS		72,895	(83,677)	(10,782)

				2021		2020
				E
INCOME AND ENDOWMENTS
Donations and legacies
Donations				5,570		6,960
Grants				26,051
				31,621		6,960
Other trading activities
Fundraising events						9,712
Charitable activities
Product sales and community		work		1,011		5,173
Shed Membership	fees			8,523		9,650
Friends ofthe Shed					25	220
				9,559		15,043
Total incoming resources				41,180		31,715
EXPENDITURE
Raising donations	and legacies
Marketing and publicity					263	882
Shed Gala Dinner						3,471
					263	4,353
Charitable activities
Wages				15,811		19,259
Pensions					254	462
Utilities				1,642		4,369
Insurance				1,107		1,059
Telephone and internet					692	579
Postage and stationery					19	197
Sundries					225	315
Materials and small	tools				315	2,940
IT software and consumables					378	433
Computer trainer						1,900
Health and saftety	equipment				737
Security					591	214
Travel						126
Credit card fees					30	49
Lift maintenance					373	363
Contribution to set	up of Broadstairs		and St
Peter's Heritage Foundation						500
Carried forward				22,174		32,765

			2021	2020
Charitable activities
Brought forward			22,174	32,765
Transfer to Broadstairs	Harbour	and Seafront CIC		6,476
Depreciation ofimprovements		to property	1,715	1,715
Depreciation of plant	and machinery		5,690	6,674
			29,579	47,630
Support costs
Management
Insurance			872	860
Governance costs
Accountancy and legal fees			60	60
Total resources expended			30,774	52,903
Net income/(expenditure)			10,406	(21,188)