2020-08-31-accounts - Rugby Borough Sports Trust Limited

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

05208786 1165821

COMPANY NUMBER REGISTERED CHARITY NUMBER

RUGBY BOROUGH SPORTS TRUST LIMITED

REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2020

RUGBY BOROUGH SPORTS TRUST LIMITED

COMPANY NUMBER- 05208786

REGISTERED CHARITY NUMBER – 1165821

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 AUGUST 2020

REGISITERED OFFICE

3 Kilsby Lane Rugby Warwickshire CV21 4PN

STRUCTURE AND GOVERNANCE

The company was incorporated on 18 August 2004 as a charitable company limited by guarantee, under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association. There is no share capital.

Directors are appointed or reappointed annually at the AGM.

OBJECTIVES AND PRINIPAL ACTIVITIES

The Trustees regularly review and update the charity’s business plan. This sets out several objectives for the trust, which can be summarised as follows:

To promote community participation in healthy recreation by providing facilities for the playing of football and such other sports or physical activities which improve fitness and health.
To advance amateur sport by promoting football and other such sports or games which promote health by involving physical or mental skill or exertion and which are undertaken on an amateur basis.
To advance the education of children and young people, in particular by providing the opportunity and facilities for playing association football and such other sports or physical activities which improve fitness and health so to develop their physical, mental and spiritual capacities that they may grow to the full maturity as individuals and members of society that their conditions of life may be improved

AC.HIF.VF.MF.NTS ANI) PERFORMANCE 21119 2U ha% prov¢d a diifjculi yLar with COVID 19. IIowcvLI. WL haNe comL' Ihmtjbh it and liavL' bLLurLd Lrraiii.% foi. our ncw astrv turf pitch which should slan Ln March YO? l. ThLtc arL ll(i (Mhcrspctific projccL4 planDcd for 20? I lor thc Niic. FINANCIAL Rrviiw ThL Charity has %LL'n ao inLrcase in inconic ol. ?•OQA th¢s yLar. Donaiton incomL I.jg 72/n of Ihe iottsl incoinL ol 149.591. and grthni IllL(IniL (If£ Iy.72Y. The majority ol'co&ts COOiinu¥ lu k. L'prial1. Y5% Df Ihc total ¢ost$ for lh¥ y1.. RF.sr.R VES IY)LICY WL havc a Ldfpei sinkin8 fund to which wc add lo on a mnnihly ba%1< so we have the ftsdS li> . tlie EUTieni 3(1 piILli after 4 pl.ri of12 yL-ars. TRI IS'I'LI.'S ThL Irii.4lLL% who h&v¢ iirvLyl Jtiring IhL ylar w¢r¥ a% fibllow%'. BriJn C.riiiiban Art¥L'lii I r¢44w¢II Iviil TnKIthv& NLII ShLdr Cknimian A.4 fL4uir¥d by th¥ MLITM>f4Lndum Anicl¢s ofA&suLi41ion 811 inLs¢w' lir fA>m Ihe c¢MiiinilleL' #i IhL' (im) hui aT¢ ihen ¢li8ibl¢ fut r¢-¢ILLiion i( Ihey Lh(¥ihe 11> %Mnd l)N UF TIIF. 11( ()1. rRUS'1'F.F.S CRIN 14ihMtsy 2021

Indep•nd•nt •xamln•¢s r•port to th• trusts•s of Rugby Borough Sports Tntst Llmlt•d I report on the accounts of the Trust for the year ended 31st August 2020. Rosp•¢llvo r•spon$lbllltl•s of tru¥tws and examlner The charflvs trustees are r8spon51bl8 for the preparation of the lnts. The charilYs trustees onwder that an audil is not required for this year under section 114121 of the charies Act 2011 {Ihe 2011 Act) and that an Independent examlnatbon Is needed. 11 Is my respOnbIlIty lo.. Examine the accounts under section 145 of the 2011 Act To follow the procedures lald down In thg genoral Dlrectsons glven by the ¢ommlssOon under section 145ISXbl of the 2011 Act To stalg whelhor p4rti¢ular mattors have o)mo lo my attentbon Ba•1• of th• Ind•p•nd•nt •x•mln•f• r•wt My examinallon was carrled out In the accordance *rfth the general Dlrectlons glven by the Chartty Comml¥sion. An examlnalion Indud•s a review of the acnting records kept by the charity and comparfson of the accounts presented wlth those records. It also Indudes conwderauon of any unusual Ilerns or disclosure5 In the acLounls and seeking explanations from you as trustees concemlng such mallers. The procedurgs undertaken do not prodfj all Ihg 8denc0 that would bg required In an audit and consequenlty no opinion is glven as lo whether the accounts present a 'true and falr vlew and th? rep¢yt Is Ilmllod lo Ihoso mattgrs sgt out In tho noxt stslemgnt. Ind•p•nd•nt •x4mln•V• •tat•m•nt In connection with my examination. no mallar has como lo my attention.. 1. Whlch glves me reasonable cause to belleve In any materlal respe(a th•requlremenls'. To keep acetsJntlng records In accordancè wlth sectlon 130 of th& 2011 Act and To prepare accounts whlch accord wllh the accountlng records and comply vAlh the accountlng requlrements of the 2011 Act Havg not been mel or 2. To whlch. in my opinlon. attentbon should be drawn In order to en8e 8 proper underslandlng of ihe accounts to be reached Dlsclo8ur• There have been some Steps taken by the trustees to address the possible conflict of Interest between the charity and trading company. Anna Young 14th May 2021 Assouation of Chartered Certified Aecounlants 23a Hlgh Street, Welford. Northants, NN6 6HT

Charity NameRugby Borough Sports Trust Limited	Charity NameRugby Borough Sports Trust Limited	CharityNo	1165821	1165821
		CompanyNo	05208786
Annual accounts for the period
Period start date	01/09/2019	To	Period end date	31/08/2020

Section A Statement of financial activities (including summary income and expenditure account)

Guidance Note S01 S02 S03 S04 S05 S06 S07 S08 S09 S10 S11 S12	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year funds £ £ £ £ £ F01 F02 F03 F04 F05	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year funds £ £ £ £ £ F01 F02 F03 F04 F05	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year funds £ £ £ £ £ F01 F02 F03 F04 F05	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year funds £ £ £ £ £ F01 F02 F03 F04 F05	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year funds £ £ £ £ £ F01 F02 F03 F04 F05
	49,591	-	-	49,591	5,000
	-	19,729	-	19,729	26,212
	-	-	-	-	-
	24	-	-	24	16
	-	-	-	-	-
	-	-	-	-	-
	49,615	19,729	-	69,344	31,228

	-	-	-	-	-
	-	-	-	-	-
	-	-	-
	34,544	-	-	34,544	41,296
	34,544	-	-	34,544	41,296

S13 S14 S15 S16	15,071	19,729	-	34,800	10,068 -
	-	-	-	-	-
	15,071	19,729	-	34,800	10,068 -
	-	-	-	-	-
S17	15,071	19,729	-	34,800	10,068 -
S18	-	-	-	-
S19	-	-	-	-	-

S20	-	-	-	-	2,038,538
S21 S22 S23 S24	-	97,090 -	-	97,090 -	1,135 -
	15,071	77,361 -	-	62,290 -	2,027,335

	436,092	2,038,538	-	2,474,630	447,295
	451,163	1,961,177	-	2,412,340	2,474,630

CC17a (Excel)

14/05/2021

Charty Name Charifv N 1165B21 052011786 Section B Balance sheet Unr#strJttsd Incom• fynds Endowwit Totsi thls lund$ year Total last Fixed assets Intangiblg as$et8 Tangible assets Heritage as8•ts Investments F01 FO? F03 F04 F05 (Note 61 2.314.889 2,314,889 2.347.867 Tot1 fix•d •$sets Current assets Stocks Debtors Inv+5tments INot• 61 C•8h at bank and in hand (Mots 81 Tot•1 curr•niw•ts 72,051 010 57,186 Creditorn.. afflounts fallin9 dug w5th1n one yoar (Nots 71 26.028 28.028 Ilei current as$eW(ltsbilltl•s) rotsi&ssets bss Cuffentihbiiit 812 BIJ Creditor8'. afflounts falllng aft•r Ong aT Provl$lon8 for Il•billtie8 Bl5 Tot•1 netass•ts orll•bllltl¢s Funds of the Charity Endowment fvnds Restrictsd in¢ome fund8 Unr•strl¢tsd fund$ Rgvaluatlon resèrvg Fair value fv80rve 2.375,641 2,412.340 B17 8t8 319.701 319.701 54.107 2.038,538 B19 $4.101 370,850 76.445 2 038.538 2.038.538 Tot41fvnd8 rh• company w•$ •nlill6d kn e¥•mptyon from •udhund•rs4ll olthe Companies Aet 2006 r•latlng ts sm•ll eompanies. Ihe memb•rs noi requir•d company th Obr•in an audrtin •¢¢om4i1 s•efrort 410 91 Comp•nles Act 2QO6. TlJ• dlr•¢tors aclrnowledgè theirresponsibillli¢s forcompfylng wilh Ihe requlrwnents ofihe Comp•nhs A¢t wlth respect lo accounting ¢0yr¢S andlhepreparaition of accounts. These accounts have been pr•paredin •¢conlan¢e wilh Ihèpmvislons applkable to $maVcompanh$ subjecl to the sm•llcompanies rylm• andln •c¢ontsnce With FRS102 SORP. Signed by one or IrusleesioireetsY$ on behaliof au Irusieesldirecl( Date of approval ddltnrnl 1410512021 Signaknre ofdirector aurhenlicaling accfAmts bÈry 5enl to Compans House Dale d(Vfflmi ure 1410512021 CC17a (Excdl 14105rd021

Section C Notes to the accounts

Note 1 Basis of preparation

This section should be completed by all charities .

1.1 Basis of accounting

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The accounts have been prepared in accordance with:

	the Statement of Recommended Practice: Accounting and Reporting by Charities
• and with*	 preparing their accounts in accordance with the Financial Reporting Standard
	applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014
• and with*	 the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102)
• and with the Charities Act 2011.
 The charity constitutes a public benefit entity as defined by
FRS 102.*

-Tick as appropriate

1.2 Going concern

If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:

An explanation as to those factors that support the conclusion that the charity is a going concern; Disclosure of any uncertainties that make the Not applicable going concern assumption doubtful; Where accounts are not prepared on a going Not applicable concern basis, please disclose this fact together with the basis on which the trustees prepared the accounts and the reason why the charity is not regarded as a going concern.

1.3 Change of accounting policy

The accounts present a true and fair view and no changes have been made to the accounting policies adopted in note { }.

note { }.
Yes No		* -Tick as appropriate
	
*Please disclose:*
*(i) the nature of the change in accounting policy;*
*(ii) the reasons why applying the new accounting policy* *provides more reliable and more relevant information;* *and*
*(iii) the amount of the adjustment for each line affected* *in the current period, each prior period presented and* *the aggregate amount of the adjustment relating to* *periods before those presented, 3.44 FRS102 SORP.*

CC17a (Excel)

14/05/2021

1.4 Changes to accounting estimates

No changes to accounting estimates have occurred in the reporting period (3.46 FRS102 SORP).

Yes No		* -Tick as appropriate	* -Tick as appropriate
	
*Please disclose:*
*(i) the nature of any changes;*
*(ii) the effect of the change on income and expense or* *assets and liabilities for the current period; and*
*(iii) where practicable, the effect of the change in one or* *more future periods.*

No material prior year error 1.5 Material prior year err	No material prior year error 1.5 Material prior year err	have been identified in the reporting period (3.47 FRS102 SORP). ors
Yes No		* -Tick as appropriate

Please disclose:

Overstated income, due to accrued income not being (i) the nature of the prior period error; released in correct period (ii) for each prior period presented in the accounts, the amount of the correction for each account line item affected; and £97,090 (iii) the amount of the correction at the beginning of the earliest prior period presented in the accounts. £97,090

CC17a (Excel)

14/05/2021

CC178 IExc&ll 1410W2021

Section C Notes to the accounts (cont)

Note 2 Accounting policies

This standard list of accounting policies has been applied by the charity except for those deleted. Where a different or additional policy has been adopted then this is detailed in the box below.

2.1 RECONCILIATION WITH PREVIOUS GENERALLY ACCEPTED ACCOUNTING PRACTICE

Please provide a description of the nature of each change in accounting policy

Reconciliation of funds per previous GAAP to funds determined under FRS 102 Start of End of period period £ £ Fund balances as previously stated Adjustments: Fund balance as restated Reconciliation of net income/(net expenditure) per previous GAAP to net income/(net expenditure) under FRS 102 End of £ Net income/(expenditure) as previously stated Adjustments:

Previous period net income/(expenditure) as restated

CC17a (Excel)

14/05/2021

Section C Notes to the accounts (cont)

Yes No N/a*	Yes No N/a*	Yes No N/a*

Yes No N/a*

Yes No N/a*

Yes No N/a*
		
Yes No N/a*
		
Yes No N/a*
	
Yes No N/a*
		
Yes No N/a*

Yes No N/a*
		
Yes 0 N/a
		
Yes No N/a*
		
Yes No N/a*
		
Yes No N/a*
		
Yes No N/a*
		
Yes No N/a*
		
Yes No N/a*
	
Yes No N/a*
		
Yes No N/a*

Yes No N/a*

CC17 FRS 102 SORP

14/05/2021

and Legacies.

subscriptions and Legacies. Membership subscriptions which gives a member the right to buy services or other benefits are recognised as income earned from the provision of goods and services as income from charitable activities. Settlement of insurance Insurance claims are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other claims income in the SoFA. This includes any realised or unrealised gains or losses on the sale of investments and Investment gains and any gain or loss resulting from revaluing investments to market value at the end of the losses year.

2.3 EXPENDITURE AND LIABILITIES

Liabilities are recognised where it is more likely than not that there is a legal or Liability recognition constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty. Governance and support Support costs have been allocated between governance costs and other support. costs Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice. Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, eg allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage. Grants with performance Where the charity gives a grant with conditions for its payment being a specific level of conditions service or output to be provided, such grants are only recognised in the SoFA once the recipient of the grant has provided the specified service or output. Grants payable without Where there are no conditions attaching to the grant that enables the donor charity to performance conditions realistically avoid the commitment, a liability for the full funding obligation must be recognised. Redundancy cost The charity made no redundancy payments during the reporting period. Deferred income No material item of deferred income has been included in the accounts. Creditors The charity has creditors which are measured at settlement amounts less any trade discounts A liability is measured on recognition at its historical cost and then subsequently Provisions for liabilities measured at the best estimate of the amount required to settle the obligation at the reporting date Basic financial The charity accounts for basic financial instruments on initial recognition as per paragraph 10.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17 instruments to 11.19, FRS102 SORP. 2.4 ASSETS Tangible fixed assets for These are capitalised if they can be used for more than one year, and cost at least use by charity They are valued at cost. The depreciation rates and methods used are disclosed in note 14.

The charity has intangible fixed assets, that is, non-monetary assets that do not have Intangible fixed assets physical substance but are identifiable and are controlled by the charity through custody or legal rights. The amortisation rates and methods used are disclosed in note 15. They are valued at cost. The charity has heritage assets, that is, non-monetary assets with historic, artistic, scientific, technological, geophysical or environmental qualities that are held and Heritage assets maintained principally for their contribution to knowledge and culture. The depreciation rates and methods used as disclosed in note 16.

They are valued at cost. Fixed asset investments in quoted shares, traded bonds and similar investments are Investments valued at initially at cost and subsequently at fair value (their market value) at the year end. The same treatment is applied to unlisted investments unless fair value cannot be measured reliably in which case it is measured at cost less impairment. Investments held for resale or pending their sale and cash and cash equivalents with a maturity date of less than 1 year are treated as current asset investments Stocks and work in Stocks held for sale as part of non-charitable trade are measured at the lower or cost or progress net realisable value.

		
Yes No N/a*
		
Yes No N/a*
		
Yes No N/a*
		
Yes No N/a*

Yes No N/a*
		
Yes No N/a*
		
Yes No N/a*
		
Yes No N/a*
		
Yes No N/a*

Yes No N/a*

Yes No N/a*

Yes No N/a*

Yes No N/a*
		
Yes No N/a*

Yes No N/a*
		
Yes No N/a*
		
Yes No N/a*
		
Yes No N/a*
		
Yes No N/a*
		
Yes No N/a*
		
Yes No N/a*
		

CC17 FRS 102 SORP

14/05/2021

Debtors

Current asset investments

Goods or services provided as part of a charitable activity are measured at net realisable value based on the service potential provided by items of stock.

Work in progress is valued at cost less any foreseeable loss that is likely to occur on the contract.

Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received.

The charity has investments which it holds for resale or pending their sale and cash and cash equivalents with a maturity date less than one year. These include cash on deposit and cash equivalents with a maturity of loss than one year held for investment purposes rather than to meet short-term cash commitments as they fall due.

They are valued at fair value except where they qualify as basic financial instruments.

Yes No N/a*	Yes No N/a*	Yes No N/a*
		
Yes No N/a*
		
Yes No N/a*

Yes No N/a*
		
Yes No N/a*
		

POLICIES ADOPTED ADDITIONAL TO OR DIFFERENT FROM THOSE ABOVE

CC17 FRS 102 SORP

14/05/2021

Section C Notes to the accounts (cont)

Note 3 Income

Section C Notes to the accounts (cont) Note 3 Income	Notes to the accounts (cont) Income	Notes to the accounts (cont) Income	Notes to the accounts (cont) Income	Notes to the accounts (cont) Income	Notes to the accounts (cont) Income	Notes to the accounts (cont) Income
Unrestricted funds Restricted income funds Endowment funds Total funds Prior year £ £ Donations and gifts 49,591 - 49,591 5,000 Gift Aid - - - - - Legacies - - - - - General grants provided by government/other charities - - - - - Membership subscriptions and sponsorships which are in substance donations - - - - Donated goods, facilities and services - - - - - Other - - - - Total 49,591 - - 49,591 5,000 Grants - 19,729 - 19,729 26,212 - - - - - - - - - - Other - - - - - Total - 19,729 - 19,729 26,212 Astro Turf Hire - - - - - - - - - - - - - - - Other - - - - - Total - - - - - Interest income 24 - - 24 16 Dividend income - - - - - Rental and leasing income - - - - - Other - - - - - Total 24- - 24 16 - - - - - - - - - - - - - - - - - - - - Total - - - - - Conversion of endowment funds into income - - - - - Gain on disposal of a tangible fixed asset held for charity's own use - - - - - Gain on disposal of a programme related investment - - - - - Royalties from the exploitation of intellectual property rights - - - - - Other - - - - - Total - - - - - 49,615 19,729-69,344 31,228 Other information: Analysis of income Donations and legacies: TOTAL INCOME Charitable activities: Separate material item of income Other: Income from investments: Other trading activities:	Unrestricted funds Restricted income funds Endowment funds Total funds Prior year £ £ Analysis of income
	Donations and gifts	49,591		-	49,591	5,000
	Gift Aid	-	-	-	-	-
	Legacies	-	-	-	-	-
	General grants provided by government/other charities	-	-	-	-	-
	Membership subscriptions and sponsorships which are in substance donations	-	-	-	-
	Donated goods, facilities and services	-	-	-	-	-
	Other	-	-	-	-
	Total	49,591	-	-	49,591	5,000

	Grants	-	19,729	-	19,729	26,212
		-	-	-	-	-
		-	-	-	-	-
	Other	-	-	-	-	-
	Total	-	19,729	-	19,729	26,212

	Astro Turf Hire	-	-	-	-	-
		-	-	-	-	-
		-	-	-	-	-
	Other	-	-	-	-	-
	Total	-	-	-	-	-

	Interest income	24	-	-	24	16
	Dividend income	-	-	-	-	-
	Rental and leasing income	-	-	-	-	-
	Other	-	-	-	-	-
	Total	24	-	-	24	16

		-	-	-	-	-
		-	-	-	-	-
		-	-	-	-	-
		-	-	-	-	-
	Total	-	-	-	-	-

	Conversion of endowment funds into income	-	-	-	-	-
	Gain on disposal of a tangible fixed asset held for charity's own use	-	-	-	-	-
	Gain on disposal of a programme related investment	-	-	-	-	-
	Royalties from the exploitation of intellectual property rights	-	-	-	-	-
	Other	-	-	-	-	-
	Total	-	-	-	-	-

		49,615	19,729	-	69,344	31,228

All income in the prior year was unrestricted except for: (please provide description and amounts)		£5000 which was a donation from the tradingcompany
Where any endowment fund is converted into income in the prior period, please give the reason for the conversion. Where any endowment fund is converted into income in the reporting period, please give the reason for the conversion.




Within the income items above the following items are material: (please disclose the nature, amount and any prior year amounts)

This year: Where sums originally denominated in foreign currency have been included in income, explain the basis on which those sums have been translated into sterling (or the currency in which the accounts are drawn up).

Last year: Where sums originally denominated in foreign currency have been included in income, explain the basis on which those sums have been translated into sterling (or the currency in which the accounts are drawn up).
CC17a (Excel)		10

14/05/2021

Section C Notes to the accounts (cont)

Note 4 Expenditure

Analysis Expenditure on raising funds:	Unrestricted funds Restricted income funds Endowment funds Total funds Unrestricted funds Restricted income funds Endowment funds Total funds £ £ This year Last year	Unrestricted funds Restricted income funds Endowment funds Total funds Unrestricted funds Restricted income funds Endowment funds Total funds £ £ This year Last year	Unrestricted funds Restricted income funds Endowment funds Total funds Unrestricted funds Restricted income funds Endowment funds Total funds £ £ This year Last year	Unrestricted funds Restricted income funds Endowment funds Total funds Unrestricted funds Restricted income funds Endowment funds Total funds £ £ This year Last year	Unrestricted funds Restricted income funds Endowment funds Total funds Unrestricted funds Restricted income funds Endowment funds Total funds £ £ This year Last year	Unrestricted funds Restricted income funds Endowment funds Total funds Unrestricted funds Restricted income funds Endowment funds Total funds £ £ This year Last year	Unrestricted funds Restricted income funds Endowment funds Total funds Unrestricted funds Restricted income funds Endowment funds Total funds £ £ This year Last year	Unrestricted funds Restricted income funds Endowment funds Total funds Unrestricted funds Restricted income funds Endowment funds Total funds £ £ This year Last year
Incurred seeking donations	-	-	-	-	-	-	-	-
Incurred seeking legacies	-	-	-	-	-	-	-	-
Incurred seeking grants	-	-	-	-	-	-	-	-
Operating membership schemes and social lotteries	-	-	-	-	-	-	-	-
Staging fundraising events	-	-	-	-	-	-	-	-
Fudraising agents	-	-	-	-	-	-	-	-
Operating charity shops	-	-	-	-	-	-	-	-
Operating a trading company undertaking non-charitable trading activity	-	-	-	-	-	-	-	-
Advertising, marketing, direct mail and publicity	-	-	-	-	-	-	-	-
Start up costs incurred in generating new source of future income	-	-	-	-	-	-	-	-
Database development costs	-	-	-	-	-	-	-	-
Other trading activities	-	-	-	-	-	-	-	-
Investment management costs:	-	-	-	-	-	-	-	-
Portfolio management costs	-	-	-	-	-	-	-	-
Cost of obtaining investment advice	-	-	-	-	-	-	-	-
Investment administration costs	-	-	-	-	-	-	-	-
Intellectual property licencing costs	-	-	-	-	-	-	-	-
Rent collection, property repairs and maintenance charges	-	-	-	-	-	-	-	-
	-	-	-	-	-	-	-	-
Total expenditure on raising funds	-	-	-	-	-	-	-	-
Expenditure on charitable activities:
	-	-	-	-	-	-	-	-
	-	-	-	-	-	-	-	-
	-	-	-	-	-	-	-	-
	-	-	-	-	-	-	-	-
Total expenditure on charitable activities	-	-	-	-	-	-	-	-
	-	-	-	~~-~~
Separate material item of expense
	-	-	-	-	-	-	-	-
	-	-	-	-	-	-	-	-
	-	-	-	-	-	-	-	-
Total	-	-	-	-	-	-	-	-
Other
Accountancy fees	864	-	-	864	934	-	-	934
Bank Charges	83	-	-	83	79	-	-	79
Depreciation	32,978	-	-	32,978	39,073	-	-	39,073
Interest	-	-	-	-	6	-	-	6
Other Legal fees	619	-	-	619	-	-	-	-
Repairs and maintenance	-	-	-	-	1,204	-	-	1,204
Total other expenditure TOTAL EXPENDITURE	34,544	-	-	34,544	41,296	-	-	41,296
	34,544	-	-	34,544	41,296	-	-	41,296

CC17a (Excel)

14/05/2021

Other information:

Analysis of expenditure on charitable activities

	This year	This year	This year	This year	Last year	Last year	Last year	Last year
Activity or programme	Activities undertaken directly	Grant funding of activities	Support Costs	Total this year	Activities undertaken directly	Grant funding of activities	Support Costs	Total last year
	£	£	£	£	£	£	£	£
Activity1	-	-	-	-	-	-	-	-
Activity2	-	-	-	-	-	-	-	-
Other	-	-	-	-	-	-	-	-
Total	-	-	-	-	-	-	-	-

This year: Where sums originally denominated in foreign currency have been included in expenditure, explain the basis on which those sums have been translated into sterling (or the currency in which the accounts are drawn up).

Last year: Where sums originally denominated in foreign currency have been included in expenditure, explain the basis on which those sums have been translated into sterling (or the currency in which the accounts are drawn up).

CC17a (Excel)

14/05/2021

Section C Notes to the accounts

Note 5 Details of certain types of expenditure

Note 5.1 Fees for examination of the accounts

Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner. If nothing was paid please enter '0' in the appropriate box(es).

Note 5.1 Fees for examination of the accounts *Please provide details of the amount paid for any statutory external scrutiny of* *accounts and other services provided by your independent examiner. If nothing* *was paid please enter '0' in the appropriate box(es).*
Tax advisory fees Other fees (for example: financial advice, consultancy, accountancy services) paid to the independent examiner Independent examiner’s fees Assurance services other than independent examination	This year £	Last year £
	-	-
	-	-
	-	-
	864	934

CC17a (Excel)

14/05/2021

Section C Notes to the accounts (cont)

Freehold land & buildings Other land & buildings Plant, machinery and motor vehicles Fixtures, fittings and equipment Total £ £ £ £ £ At the beginning of the year 2,040,000 454,327 - 73,972 2,568,299 Additions - - - Revaluations - - - - - Disposals - - - - - Transfers - - - - - At end of the year 2,040,000 454,327 - 73,972 2,568,299 Basis* SL or RB (Straight Line or Reducing Balance) SL or RB SL or RB SL or RB SL or RB Rate At beginning of the year - 162,918 - 57,222 220,140 Disposals - - - - Depreciation - 29,141 - 4,129 33,270 Impairment - - - - - Transfers - - - - - At end of the year - 192,059 - 61,351 253,410 Net book value at the beginning of the year 2,040,000 - - 16,750 2,348,159 Net book value at the end of the year 2,040,000 262,268 - 12,621 2,314,889 5.1 Cost or valuation Note 5 Tangible fixed assets Please complete this note if the charity has any tangible fixed assets 5.3 Net book value 5.2 Depreciation and impairments*	Freehold land & buildings Other land & buildings Plant, machinery and motor vehicles Fixtures, fittings and equipment Total £ £ £ £ £ At the beginning of the year 2,040,000 454,327 - 73,972 2,568,299 Additions - - - Revaluations - - - - - Disposals - - - - - Transfers - - - - - At end of the year 2,040,000 454,327 - 73,972 2,568,299 Basis* SL or RB (Straight Line or Reducing Balance) SL or RB SL or RB SL or RB SL or RB Rate At beginning of the year - 162,918 - 57,222 220,140 Disposals - - - - Depreciation - 29,141 - 4,129 33,270 Impairment - - - - - Transfers - - - - - At end of the year - 192,059 - 61,351 253,410 Net book value at the beginning of the year 2,040,000 - - 16,750 2,348,159 Net book value at the end of the year 2,040,000 262,268 - 12,621 2,314,889 5.1 Cost or valuation Note 5 Tangible fixed assets Please complete this note if the charity has any tangible fixed assets 5.3 Net book value 5.2 Depreciation and impairments*	Freehold land & buildings Other land & buildings Plant, machinery and motor vehicles Fixtures, fittings and equipment Total £ £ £ £ £ At the beginning of the year 2,040,000 454,327 - 73,972 2,568,299 Additions - - - Revaluations - - - - - Disposals - - - - - Transfers - - - - - At end of the year 2,040,000 454,327 - 73,972 2,568,299 Basis* SL or RB (Straight Line or Reducing Balance) SL or RB SL or RB SL or RB SL or RB Rate At beginning of the year - 162,918 - 57,222 220,140 Disposals - - - - Depreciation - 29,141 - 4,129 33,270 Impairment - - - - - Transfers - - - - - At end of the year - 192,059 - 61,351 253,410 Net book value at the beginning of the year 2,040,000 - - 16,750 2,348,159 Net book value at the end of the year 2,040,000 262,268 - 12,621 2,314,889 5.1 Cost or valuation Note 5 Tangible fixed assets Please complete this note if the charity has any tangible fixed assets 5.3 Net book value 5.2 Depreciation and impairments*	Freehold land & buildings Other land & buildings Plant, machinery and motor vehicles Fixtures, fittings and equipment Total £ £ £ £ £ At the beginning of the year 2,040,000 454,327 - 73,972 2,568,299 Additions - - - Revaluations - - - - - Disposals - - - - - Transfers - - - - - At end of the year 2,040,000 454,327 - 73,972 2,568,299 Basis* SL or RB (Straight Line or Reducing Balance) SL or RB SL or RB SL or RB SL or RB Rate At beginning of the year - 162,918 - 57,222 220,140 Disposals - - - - Depreciation - 29,141 - 4,129 33,270 Impairment - - - - - Transfers - - - - - At end of the year - 192,059 - 61,351 253,410 Net book value at the beginning of the year 2,040,000 - - 16,750 2,348,159 Net book value at the end of the year 2,040,000 262,268 - 12,621 2,314,889 5.1 Cost or valuation Note 5 Tangible fixed assets Please complete this note if the charity has any tangible fixed assets 5.3 Net book value 5.2 Depreciation and impairments*	Freehold land & buildings Other land & buildings Plant, machinery and motor vehicles Fixtures, fittings and equipment Total £ £ £ £ £ At the beginning of the year 2,040,000 454,327 - 73,972 2,568,299 Additions - - - Revaluations - - - - - Disposals - - - - - Transfers - - - - - At end of the year 2,040,000 454,327 - 73,972 2,568,299 Basis* SL or RB (Straight Line or Reducing Balance) SL or RB SL or RB SL or RB SL or RB Rate At beginning of the year - 162,918 - 57,222 220,140 Disposals - - - - Depreciation - 29,141 - 4,129 33,270 Impairment - - - - - Transfers - - - - - At end of the year - 192,059 - 61,351 253,410 Net book value at the beginning of the year 2,040,000 - - 16,750 2,348,159 Net book value at the end of the year 2,040,000 262,268 - 12,621 2,314,889 5.1 Cost or valuation Note 5 Tangible fixed assets Please complete this note if the charity has any tangible fixed assets 5.3 Net book value 5.2 Depreciation and impairments*
Freehold land & buildings £	Other land & buildings £	Plant, machinery and motor vehicles £	Fixtures, fittings and equipment £	Total £
2,040,000	454,327	-	73,972	2,568,299
-		-		-
-	-	-	-	-
-	-	-	-	-
-	-	-	-	-
2,040,000	454,327	-	73,972	2,568,299
impairments
SL or RB (Straight Line or Reducing Balance)	SL or RB	SL or RB	SL or RB	SL or RB


-	162,918	-	57,222	220,140
-	-	-		-
-	29,141	-	4,129	33,270
-	-	-	-	-
-	-	-	-	-
-	192,059	-	61,351	253,410

2,040,000	-	-	16,750	2,348,159
2,040,000	262,268	-	12,621	2,314,889

CC17a (Excel)

14/05/2021

5.4 Impairment

This year: Please provide a description of the events and circumstances that led to the recognition or reversal of an impairment loss.

Last year: Please provide a description of the events and circumstances that led to the recognition or reversal of an impairment loss.

5.5 Revaluation

If an accounting policy of revaluation is adopted, please provide:

the effective date of the revaluation the name of independent valuer, if applicable the methods applied and significant assumptions

the carrying amount that would have been recognised had the assets been carried under the cost model.

This year

Last year

Mar-20 Duff & Phelps Cost approach based on the assumption of a replacement cost Asset was never included in prior years accounts

5.6 Other disclosures

(i) Please state the amount of borrowing costs, if any, capitalised in the construction of tangible fixed assets and the capitalisation rate used. (ii) Please provide the amount of contractual commitments for the acquisition of tangible fixed assets. (iii) Details of the existence and carrying amounts of property, plant and equipment to which the charity has restricted title or that are pledged as security for liabilities.

This year	Last year
£	£

The "transfers" row is for movements between fixed asset categories.
** Please indicate the method of depreciation by deleting the method not applicable (SL = straight line; RB = reducing balance). Also

CC17a (Excel)

14/05/2021

Section C Notes to the accounts (cont)

Note 6 Debtors and prepayments

Please complete this note if the charity has any debtors or prepayments.

6.1 Analysis of debtors

Total Trade debtors Prepayments and accrued income Other debtors	This year £	Last year £
	-	-
	-	-
	-	72,051.0
	-	72,051.0

Complete 6.2 where a material debtor is recoverable more than a year after the reporting date.

6.2 Disclosure of debtors recoverable in more than 1 year (included in debtors above)

Total Trade debtors Prepayments and accrued income Other debtors	This year £	Last year £
	-	-
	-	-
	-	-
	-	-

CC17a (Excel)

14/05/2021

Section C Notes to the accounts (cont)

Note 7 Creditors and accruals

Please complete this note if the charity has any creditors or accruals.

7.1 Analysis of creditors

Amounts falling due within one year	Amounts falling due within one year	Amounts falling due after more than one year	Amounts falling due after more than one year
This year £	Last year £	This year £	Last year £
-	-	-	-
-	-	-	-
619	1,874	-	-
-	-	-	-
600	600	-	-
-	-	-	-
24,809	-	-	-
26,028	2,474	-	-

7.2 Deferred income

*Please explain the reasons why income is* *deferred.* *Movement in deferred income account* Balance at the start of the reporting period Amounts added in current period Amounts released to income from previous periods *Please complete this note if the charity has deferred* i This year Balance at the end of the reporting period
This year	Last year


	This year £	Last year £
	-	-
	-	-
	-	-
	-	-

CC17a (Excel)

14/05/2021

CC17a (Excel} 18 1410512021

Section C Notes to the accounts (cont)

Other Short term deposits Cash at bank and on hand Total Note 8 Cash at bank and in hand Short term cash investments (less than 3 months maturity date)
	This year £	Last year £
	-	-
	60,655	39,008
	62,824	18,178
	-	-
	123,479	57,186

CC17a (Excel)

14/05/2021

Section C Notes to the accounts (cont)

Note 9 Additional Disclosures

The following are significant matters which are not covered in other notes and need to be included to provide a proper understanding of the accounts. If there is insufficient room here, please add a separate sheet.

CC17a (Excel)

14/05/2021