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|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|
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|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|
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||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
,||807.94|
|||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||
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|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)|
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|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|
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|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|
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|NETINCOMING RESOURCESFORYEAR|||
|---|---|---|
||Total|Total|
||Funds|Funds|
||2020|2019|
||€|e|
|Thisisstatedaftercharging:|||
|lndependentExaminer'sfees|864.00|600.00|
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|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|
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|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|
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|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|
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|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|
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|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'|