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