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2021-03-31-accounts
|
Page |
| Reference and Administrative Details of the Company, its Trustees and Advisers |
1 |
| Trustees' Report |
2 −7 |
| Independent Examiner's Report |
8 |
| Statement of Financial Activities |
9 |
| Balance Sheet |
10−11 |
| Notes to the Financial Statements |
12 −23 |
|
|
Unrestricted |
Total |
Total |
|
|
funds |
funds |
funds |
|
|
2021 |
2021 |
2020 |
|
Note |
£ |
£ |
£ |
| Income from: |
|
|
|
|
| Donations and legacies |
3 |
10 |
10 |
5 |
| Investments |
4 |
25,987 |
25,987 |
30,879 |
| Other income |
5 |
265 |
265 |
29 |
| Total Income |
|
26,262 |
26,262 |
30,913 |
| Expenditure on: |
|
|
|
|
| Raising funds |
6 |
6,928 |
6,928 |
7,934 |
| Charitable activities |
7 |
85,789 |
85,789 |
120,335 |
| Total expenditure |
|
92,717 |
92,717 |
128,269 |
| Net expenditure before net gains/(losses) on |
|
|
|
|
| investments |
|
(66,455) |
(66,455) |
(97,356) |
| Net gains/(losses) on investments |
|
128,937 |
128,937 |
(95,346) |
|
|
62,482 |
62,482 |
(192,702) |
| Net movement in funds |
|
|
|
|
| Reconciliation of funds: |
|
|
|
|
| Total funds brought forward |
|
1,344,661 |
1,344,661 |
1,537,363 |
| Net movement in funds |
|
62,482 |
62,482 |
(192,702) |
|
|
1,407,143 |
1,407,143 |
1,344,661 |
| Total funds carried forward |
|
|
|
|
|
BALANCE SHEET |
BALANCE SHEET |
|
|
|
|
AS AT 31 MARCH 2021 |
|
|
|
|
|
|
|
2021 |
|
2020 |
|
Note |
|
£ |
|
£ |
| Fixed assets |
|
|
|
|
|
Intangible assets
Tangible assets
Investments |
10
11
12 |
|
630,857
729,254 |
|
34
24,657
647,216 |
|
|
|
1,360,111 |
|
671,907 |
| Current assets |
|
|
|
|
|
Debtors
Cash at bankand in hand |
13 |
3,963
48,671 |
|
2,786
676,144 |
|
|
|
52,634 |
|
678,930 |
|
| Creditors: amounts falling due within one |
14 |
(5,603) |
|
(6,176) |
|
| year |
|
|
|
|
|
| Net current assets |
|
|
47,031 |
|
672,754 |
| Total assets less current liabilities |
|
|
1,407,142 |
|
1,344,661 |
| Net assets excluding pension asset |
|
|
1,407,142 |
|
1,344,661 |
| Total net assets |
|
|
1,407,142 |
|
1,344,661 |
|
|
2021 |
2020 |
|
Note |
e |
£ |
| Charity funds |
|
|
|
| Restricted funds |
|
|
|
| Unrestricted funds |
|
1,407,142 |
1,344,661 |
| Total funds |
|
1,407,142 |
1,344,661 |
|
Unrestricted |
Total |
|
funds |
funds |
|
2021 |
2021 |
|
£ |
£ |
| Donations |
10 |
10 |
|
Unrestricted |
Total |
|
funds |
funds |
|
2020 |
2020 |
|
£ |
£ |
| Donations |
5 |
5 |
|
|
Unrestricted |
Total |
|
|
funds |
funds |
|
|
2021 |
2021 |
|
|
£ |
£ |
|
Investment income −local investment properties |
1,250 |
1,250 |
|
Dividends from investments |
24,737 |
24,737 |
|
|
25,987 |
25,987 |
|
|
Unrestricted |
Total |
|
|
funds |
funds |
|
|
2020 |
2020 |
|
|
£ |
£ |
|
Dividends from investments |
30,879 |
30,879 |
| 5. |
Other income |
|
|
|
|
Unrestricted |
Total |
|
|
funds |
funds |
|
|
2021 |
2021 |
|
|
£ |
£ |
|
Other income |
265 |
265 |
|
|
Unrestricted |
Total |
|
|
funds |
funds |
|
|
2020 |
2020 |
|
|
£ |
£ |
|
Other income |
29 |
29 |
| 6. |
Investment management costs |
|
|
|
|
Unrestricted |
Total |
|
|
funds |
funds |
|
|
2021 |
2021 |
|
|
£ |
£ |
|
Investment management fees |
6,928 |
6,928 |
|
|
|
Page 15 |
|
|
Unrestricted |
Total |
|
|
funds |
funds |
|
|
2020 |
2020 |
|
|
£ |
£ |
| Investment |
management fees |
7,934 |
7,934 |
|
Unrestricted |
Total |
|
funds |
funds |
|
2021 |
2021 |
|
£ |
E |
| Wages and salaries |
13,532 |
13,532 |
| Management and premises expenses |
27,112 |
27,112 |
| Depreciation |
10,354 |
10,354 |
| Bank charges |
143 |
143 |
| Rent, rents and water |
19,773 |
19,773 |
| Insurance |
1,530 |
1,530 |
| Repairs and renewals |
636 |
636 |
| Travel, subscriptions and sundry expenses |
1,995 |
1,995 |
| Printing, postage, stationery and advertising |
5,313 |
5,313 |
| Legal and professional |
2,050 |
2,050 |
| Accountancy |
2,893 |
2,893 |
| Computer and telephone expenses |
458 |
458 |
|
85,789 |
85,789 |
|
Unrestricted |
Total |
|
funds |
funds |
|
2020 |
2020 |
| Wages and salaries |
13,208 |
13,208 |
| Management and premises costs |
68,135 |
68,135 |
| Depreciation |
7,416 |
7,416 |
| Bank charges |
172 |
172 |
| Rent, rates and water |
16,041 |
16,041 |
| Insurance |
4,274 |
4,274 |
| Repairs and renewals |
395 |
395 |
| Travel, subscriptions and sundry expenses |
2,069 |
2,069 |
| Printing, postage, stationery and advertising |
3,805 |
3,805 |
| Legal and professional |
366 |
366 |
| Accountancy |
3,110 |
3,110 |
| Computer and telephone expenses |
1,344 |
1,344 |
|
120,335 |
120,335 |
|
Activities |
|
|
undertaken |
Total |
|
directly |
funds |
|
2021 |
2021 |
| Wages and salaries |
13,532 |
13,532 |
| Management and premises costs |
27,112 |
27,112 |
| Depreciation |
10,354 |
10,354 |
| Bank charges |
143 |
143 |
| Rent, rates and water |
19,773 |
19,773 |
| Insurance |
1,530 |
1,530 |
| Repairs and renewals |
636 |
636 |
| Travel, subscriptions and sundry expenses |
1,995 |
1,995 |
| Printing, postage, stationery and advertising |
5,313 |
5,313 |
| Legal and professional |
2,050 |
2,050 |
| Accountancy |
2,893 |
2,893 |
| Computer and telephone expenses |
458 |
458 |
|
85,789 |
85,789 |
|
|
Page 17 |
|
Activities |
|
|
undertaken |
Total |
|
directly |
funds |
|
2020 |
2020 |
| Wages and salaries |
13,208 |
13,208 |
| Management and premises costs |
68,135 |
68,135 |
| Depreciation |
7,416 |
7,416 |
| Bank charges |
172 |
172 |
| Rent, rates and water |
16,041 |
16,041 |
| Insurance |
4,274 |
4,274 |
| Repairs and renewals |
395 |
395 |
| Travel, subscriptions and sundry expenses |
2,069 |
2,069 |
| Printing, postage, stationery and advertising |
3,805 |
3,805 |
| Legal and professional |
366 |
366 |
| Accountancy |
3,110 |
3,110 |
| Computer and telephone expenses |
1,344 |
1,344 |
|
120,335 |
120,335 |
|
Software |
|
£ |
| Cost |
|
| At 1 April 2020 |
408 |
| At 31 March 2021 |
408 |
| Amortisation |
|
| At 1 April 2020 |
374 |
| Charge for the year |
34 |
| At 31 March 2021 |
408 |
| Net book value |
|
| At 31 March 2021 |
|
| At 31 March 2020 |
34 |
|
Freehold |
Fixtures and |
Computer |
|
|
|
property |
fittings |
equipment |
Artwork |
Total |
|
£ |
£ |
E |
£ |
£ |
| Cost or valuation |
|
|
|
|
|
| At 1 April 2020 |
− |
20,252 |
9,842 |
11,682 |
41,776 |
| Additions |
612,420 |
4,100 |
− |
− |
616,520 |
| At 31 March 2021 |
612,420 |
24,352 |
9,842 |
11,682 |
658,296 |
| Depreciation |
|
|
|
|
|
| At 1 April 2020 |
− |
10,391 |
6,728 |
|
17,119 |
| Charge for the year |
− |
4,870 |
3,114 |
2,336 |
10,320 |
| At 31 March 2021 |
|
15,261 |
9,842 |
2,336 |
27,439 |
| Net book value |
|
|
|
|
|
| At 31 March 2021 |
612,420 |
9,091 |
|
9,346 |
630,857 |
| At 31 March 2020 |
|
9,861 |
3,114 |
11,682 |
24,657 |
|
|
Unlisted |
|
|
investments |
|
|
£ |
| Cost or valuation |
|
|
| At 1 April 2020 |
|
647,216 |
| Additions |
|
149,743 |
| Disposals |
|
(196,642) |
| At 31 March 2021 |
|
600,317 |
| Gains/losses in market value |
|
|
| Charge for the year |
|
(128,937) |
| At 31 March 2021 |
|
(128,937) |
| Net book value |
|
|
| At 31 March 2021 |
|
729,254 |
| At 31 March 2020 |
|
647,216 |
| Debtors |
|
|
|
2021 |
2020 |
|
£ |
£ |
| Less than one year |
|
|
| Trade debtors |
|
73 |
| Other debtors |
1,250 |
|
| Prepayments and accrued income |
2,713 |
2,713 |
|
3,963 |
2786 |
|
3,963 |
2,786 |
|
2021 |
2020 |
|
£ |
£ |
| Trade creditors |
2,823 |
3,396 |
| Other taxation and social security |
230 |
230 |
| Accruals and deferred income |
2,550 |
2,550 |
|
5,603 |
6,176 |
| Summa |
**ry of funds − ** |
current year |
|
|
|
|
|
|
|
|
|
|
Balance at |
|
|
Balance at 1 |
|
|
Gains/ |
31 March |
|
|
April 2020 |
Income |
Expenditure |
(Losses) |
2021 |
|
|
£ |
£ |
£ |
£ |
£ |
| General |
funds |
1,344,661 |
26,262 |
(92,718) |
128,937 |
1,407,142 |
|
Unrestricted |
Total |
|
funds |
funds |
|
2021 |
2021 |
|
£ |
£ |
| Tangible fixed assets |
630,857 |
630,857 |
| Fixed asset investments |
729,254 |
729,254 |
| Debtors due after more than one year |
3,963 |
3,963 |
| Current assets |
48,671 |
48,671 |
| Creditors due within one year |
(5,603) |
(5,603) |
| Total |
1,407,142 |
1,407,142 |
| Analysis of net assets between funds −prior year |
|
|
|
Unrestricted |
Total |
|
funds |
funds |
|
2020 |
2020 |
|
£ |
£ |
| Tangible fixed assets |
24,657 |
24,657 |
| Intangible fixed assets |
34 |
34 |
| Fixed asset investments |
647,216 |
647,216 |
| Debtors due after more than one year |
2,786 |
2,786 |
| Current assets |
676,144 |
676,144 |
| Creditors due within one year |
(6,176) |
(6,176) |
| Tl |
1,344,661 |
1,344,661 |