| CONTENTS | Pages |
|---|---|
| Charity information | 1 |
| Trustees Annual Report | 2-3 |
| lndependent Examiner's Report on the unaudited accounts | 4 |
| StatementofFinancial Activities | 5 |
| Balance Sheet | 6 |
| Statement of cash flows | 7 |
| NotestotheFinancial Statements | 8-13 |
| Charity number | 1166357 |
|---|---|
| Trustees | A Bone (Chairman) |
| A Barnetson (Treasurer) | |
| SFox(Aldeburgh Town Council representative) | |
| AHarris(AldeburghTown Council representative) | |
| (Resigned7September 2020) | |
| D Hughes (Resigned 14 Febfuary2020) | |
| S Das | |
| JRansome | |
| TBrown (Appointed 26 October 2020) | |
| lndependentExaminer | MrJamesDavid Haddow FCCA |
| GMS FC Limited | |
| 1LondonRoad | |
| lpswich | |
| IP12HA | |
| PrincipalBankers | UnityTrustBank |
| Brindley Place | |
| Birmingham | |
| 812HB |
| Note | Unrestricted | Restricted | Total | Total | |
|---|---|---|---|---|---|
| Funds | Funds | Funds | Funds | ||
| 2020 | 2019 | ||||
| e | e | E | € | ||
| INCOMING RESOURCES FROM: | |||||
| Donations, grants and legacies | 2 | 16,443.08 | b.,zb4rr.t | 79,707.71 | 599,747.43 |
| Other tradingactivities(shop sales) | 2,443.83 | 2,443.83 | 753.67 | ||
| Charitableactivities(admission charges) | 8,094.00 | 8,094.00 | 2,503.35 | ||
| lnvestmentlncomefromdeposits | 19.59 | 19.59 | 126.28 | ||
| Other lncome | 201.71 | 201.71 | 355.00 | ||
| TOTALINCOMING RESOURCES | 27,202.2163,264.63 | 90,466.84 | 603,485.73 | ||
| RESOURCESEXPENDED | |||||
| Fund raising and other trading | |||||
| activities | 3 | 1 281.67 | zdt ot | 405.13 | |
| CharitableActivities | 4 | 13,090.86 | 77,043.26 | 90,134.12 | 621,106.75 |
| Governance Costs | 5 | 864.00 | 699.15 | 563.15 , |
|
| 13,954.8677,742.41 | 91,697.27 | 621,914.69 | |||
| TOTAL RESOURCESEXPENDED | 15,236.5377,742.41 | 92,978.94 | 622,319.82 | ||
| NETTNCOMTNG(OUTGOTNG) | |||||
| RESOURCESFOR THEYEAR | 6 | 11,965.68 | (14,477.78) | (2,512.10|(18,834.0e) | |
| Transfers | (5,000.00) | 5,000.00 | |||
| Totalfundsbrought forward | 4,798.79 | 14,203.08 | 19,001.87 | 37,835.96 | |
| TOTALFUNDSCARRIED | |||||
| FORWARD | 1'l764.474725.30 | ',t6,489.7719,001 .87 |
| ASAT31 DECEMBER2OO2O | |||
|---|---|---|---|
| 2020 | 2019 | ||
| Table | e | € | |
| Cashflows from operating activities: | |||
| Net cashprovidedby(usedin)operating activities | 1 | 7,383.03 | (17,413.93) |
| Cashflows fromfinancingactivities: | |||
| Shorttermloanadvance | 15,185.57 | ||
| Shorttermloan repayment | (15,185.57) | ||
| Netcash providedby(usedin)financing activities | |||
| Change in cashequivalentsinthe reportingperiod | 7,383.03 | (17,413.93) | |
| Cash and cashequivalentsat1January2020 | 17,400.50 | 34,814.43 | |
| Cash and cashequivalentsat31December2020 | 24,783.53 | 17,400.50 | |
| TABLE1 | |||
| Reconciliationofnetincome/(expenditure)tonet | |||
| cashflowfrom operating activities | |||
| Net income/(expenditure)forreportingperiodasper statementoffinancial activity (page5) |
(2,512.10|(18,834.09) | ||
| Adjustments: | |||
| (lncrease)/Decrease in stock | 785.43 | (207.68) | |
| (lncrease)/Decreaseindebtors | (206.45) | (17.55) | |
| lncrease/(Decreaseincreditors) | 9,316.15 | 1,645.39 | |
| Netcash providedby (used in)operating activities | 7,383.03 | (17,413.93) |
| VOLUNTARYINCOME | |||||
|---|---|---|---|---|---|
| Total | Total | ||||
| Unrestricted | Restricted | Funds | Funds | ||
| Funds | Funds | 2020 | 2019 | ||
| f | € | f | € | ||
| Donations: | |||||
| General donations | 2,214.12 | 2,214.12 | 2,355.20 | ||
| Covid19relatedgrants | 14,228.96 | 14,228.96 | |||
| 2,355.20 | |||||
| Regenerationproject: | |||||
| Heritage Lottery Fund Grant | 56,332.89 | 56,332.89 | 585,427.56 | ||
| Restricted donations | 2,431.74 | 2,431.74 | 1,964.47 | ||
| Aldeburgh Town Council-Match | |||||
| Funding | '10,000.00 | ||||
| 597,392.03 | |||||
| Covid19Emegencyfunding: Heritage Lottery Fund Grant |
4,500.004,500.00 | ||||
| 16,443.08 | 63,264.63 | 79 707.71 | 595,747.23 | ||
| FUND RAISING AND TRADING | |||||
| EXPENSESBYFUND TYPE | |||||
| Total | Total | ||||
| Unrestricted | Restricted | Funds | Funds | ||
| Funds | Funds | 2020 | 2019 | ||
| f | f | f | € | ||
| Shop purchases | 1 | 281.67 | 'l,281.67 | 405.13 | |
| 1 | ,281.67 | 1,281.67 | 405.13 |
| COST OF CHARITABLE ACTIVITIES BYFUND TYPE |
||||
|---|---|---|---|---|
| Total | Total | |||
| Unrestricted | Restricted | Funds | Funds | |
| Funds | Funds | 2020 | 2019 | |
| € | € | E | E | |
| Charitableactivity: | ||||
| General running | ||||
| Rentandrates | 3,000.00 | 3,000.00 | 3,071.57 | |
| Staff costs | 7,602.71 | 13,782.83 | 21,385.54 | 17,703.18 |
| Volunteer trainingand travel | 1,024.37 | |||
| Museum purchases | 39.38 '10,642.09 |
',13,782.83 | 39.38 164.99 24,424.9221,964.11 |
|
| Regenerationproject | ||||
| Other conservationwork and | ||||
| maintenance | 5,584.005,584.00 | 7,206.61 | ||
| Officefurniture and equipment | - | 5,584.005,584.00 | 784.93 7,99'1.54 |
|
| Regenerationproject | ||||
| Mainprojectexpenditure | 53,'195.41 | 53,195.41 | 588,806.51 | |
| 195.41 | 53,'195.41 | 588,806.51 | ||
| Covid19additionalexpenditure | ||||
| Staff costs | 3,881.83 | 3,88'1.83 | ||
| PPEand other equipment | 599.19 4 481.02 |
599.19 4 481.02 |
||
| 10,642.09 | 77,043.26 | 87,685.35 | 618,762.14 | |
| Supportandgovernancecosts: | ||||
| Generalrunning | ||||
| Printing,postageand stationery | 14.98 | 14.98 | 509.07 | |
| Telephone | 541.00 | 541.00 | 576.00 | |
| lTand software costs | 354.99 | 354.99 | 399.99 | |
| lnsurance | 699.15 | 699.15 | 422.69 | |
| Subscriptlons | 355.39 | 355.39 | 336.40 | |
| lndependent examiners & | ||||
| accountancy fees | 864.00 | 864.00 | 600.00 | |
| Bank, cardandcardreadercharges | 1,105.00 | 1,105.00 | ||
| Miscellaneous expenses | 77.4',1 3,312.77 699.15 |
77.41 4,011.92 |
308.38 3,152.53 |
|
| 13,954.86 | 77,742.41 | 91,697.27 | 62'l,914.69 |
| NETINCOMING RESOURCESFORYEAR | ||
|---|---|---|
| Total | Total | |
| Funds | Funds | |
| 2020 | 2019 | |
| € | e | |
| Thisisstatedaftercharging: | ||
| lndependentExaminer'sfees | 864.00 | 600.00 |
| that were reimbursed tothembythe | Charity: | ||
|---|---|---|---|
| 2020 | 2019 | ||
| e | € | ||
| ABone | 2,114 | 1,914 | |
| ABarnetson | 1,004 | 967 | |
| AHarris | 3,'118 | 2,881 | |
| Museumcurator | 494 | 594 | |
| Developmentofficer | 443 | ||
| Number ofclaimants | 4 | 4 |
| Staffcosts | ||
|---|---|---|
| 2020 | 2019 | |
| e | e | |
| Grosspay | 23,411.61 | 15,725.OO |
| EmployersNl | 1,170.41 | 689.87 |
| Employers Pension | 285.35 | 211.32 |
| 25,267 .37 | 16,626.'19 | |
| Staff recruitmentcosts | 902.99 | |
| Staff travel expenses | 174.O0 | |
| __4_2Sl_.37 | ___.1_ZJ!!..1_9- | |
| CASHAT BANK ANDINHAND | ||
| 2020 | 2019 | |
| € | € | |
| Unity bankcunent account | 10,057.79 | 6,102.68 |
| Unity bank depositaccount | 5,163.27 | 5,155.78 |
| lpswichBuilding Society treasuryaccount | 9,295.7'l | 5,879.28 |
| Cash in hand | 262.76 | 262.76 |
| 24.783.53 | 17,400.50 | |
| CREDITORS:Amounts fallingduewithinoneyear | ||
| 2020 | 2019 | |
| r | c | |
| Charitable expenditure etc | '11,070.67 | 1.7s4.52 |
| 11,070.67 | 54.52 |
| commencing1April 2018. Commitments under the le | aseare: | |
|---|---|---|
| 2020 | 2019 | |
| f | € | |
| Due within1year | 3,000 | 3,000 |
| Dueafter1year within5years | 12,000 | 12,000 |
| Due after5years | 66,750 | 69,750 |
| 10. | FUNDBALANCES | |||||
|---|---|---|---|---|---|---|
| Balanceat | lncoming | Outgoing | Transfers | Balanceat | ||
| 1January2020 f |
Resources c |
Resources e |
f | 31December 2020 f |
||
| 10.1 | Restrictedfunds | |||||
| HLF Regeneration Project | 14,203.08 | 58,764.63 | 73,261.39 | 5,000.00 | 4,706.32 | |
| HLF Covid'19emergency expenditure | 14,203.08 | 4,500.00 4,481.02 63,264.6377,742.41 |
5,000.00 | 18.98 4,725.30 |
||
| 10.2 | Unrestrictedincomefunds | |||||
| Generalfunds | 4,798.79 | 27,202.2115,236.53 | (5,000.00 | 11,764.47 | ||
| Totalfunds | 19,001 .87 | 90 466.84 | 92 978.94 | 16 449.77 |
| Analysisofnetassetsbetweenfunds | ||
|---|---|---|
| Netcurrent | Total | |
| Assets | ||
| f | f | |
| Restricted lncomeFunds: | ||
| HLF Regeneration Project | 4 725.30 4,725.30 |
4,725.30 4,725.30 |
| Unrestricted lncomeFunds: | ||
| General Funds | 11,764.47 16,48917 |
11,764.47 16,4891' |