| Page | |||
|---|---|---|---|
| Report ofthe Trasines | I | to | 2 |
| Independent Examiner's Report |
|||
| Statement ofFinancial Activities | |||
| Balance Sheet | |||
| Notes tothe Financial Statements | 6 | to | 12 |
| Detailed Statement ofFinancial Activities | 13 | to | 14 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| fund | funds | funds | funds | ||
| Notes | |||||
| INCOME AND ENDOWMENTS FROM | |||||
| Donations and legacies |
125,301 | 35,000 | 160,301 | 163,396 | |
| Charitable activities |
|||||
| Museum | 1,920 | 1,920 | 8,105 | ||
| Other trading activities Investment income |
2 3 |
4,485 532 |
183 | 4,485 715 |
23,213 1,722 |
| Total | 132,238 | 35,183 | 167,421 | 196,436 | |
| EXPENDITURE ON | |||||
| Raising funds | 44 | 1,798 | 1,842 | 6,982 | |
| Charitable activities |
|||||
| Museum | 96,658 | 44,820 | 141,478 | 151,533 | |
| Total | 96,702 | 46,618 | 143,320 | 158,515 | |
| NET INCOME/(EXPENDITURE) | 35,536 | (11,435) | 24,101 | 37,921 | |
| Transfers betvreen funds |
5,113 | (5,113) | |||
| Net movement in funds |
40,649 | (16,548) | 24,101 | 37,921 | |
| RECONCILIATION OFFUNDS | |||||
| Total funds brought fonvard | 175,151 | 121,959 | 297,110 | 259,189 | |
| TOTAL FUNDS CARRIED FORWARD | 215,800 | 105,411 | 321311 | 297,110 |
| 31Ma | rch 2021 | ||||
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| Unrestricted | Restricted | Total | Total | ||
| fund | funds | funds | funds | ||
| Notes | 8 | ||||
| FIXEDASSETS | |||||
| Tangible assets | 8 | 977 | 977 | 3,263 | |
| CURRENT ASSETS | |||||
| Stocks Cash at bank and in hand |
9 | 4,142 211,678 |
105,411 | 4,142 317,089 |
3,777 290,844 |
| 215,820 | 105,411 | 321,231 | 294,621 | ||
| CREDITORS | |||||
| Amounts falling due within one year |
10 | (997) | (997) | (774) | |
| NET CURRENT ASSETS | 214,823 | 105,411 | 320,234 | 293,847 | |
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 215,800 | 105,411 | 321,211 | 297,110 | |
| NET ASSETS | 215,800 | 105,411 | 321,211 | 297,110 | |
| FUNDS | |||||
| Unrestricted funds Restricted funds |
215,800 105,411 |
175,151 121,959 |
|||
| TOTAL FUNDS | 321,211 | 297,110 |
| 2021f | 2020f | |||
|---|---|---|---|---|
| Fundraising | events | 1,255 | 422 | |
| Shop income Cafe takings |
3/30 | 9,812 12,979 |
||
| 4,485 | 23,213 | |||
| INVESTMENT INCOME | ||||
| 2021 | 2020 | |||
| Deposit account intetest | 715 | 1,722 | ||
| RAISING FUNDS | ||||
| Investment management |
costs | |||
| 2021 | 2020 | |||
| Arhninistrative | expenses | 1,798 | 2,488 |
| 2021 | 2020 | |
|---|---|---|
| Management | 1 | I |
| Other | 1 | 1 |
| NOTES TOTHE FINANCIAL STATEMENTS -continued fortbe year ended 31March 2021 |
NOTES TOTHE FINANCIAL STATEMENTS -continued fortbe year ended 31March 2021 |
|||
|---|---|---|---|---|
| COMPARATIVES FORTHE STATEMENT OFFINANCIAL ACTIVITIES | ||||
| Unrestricted | Total | |||
| fund | funds | |||
| INCOME AND ENDOWMENTS FROM | ||||
| Donations and legacies |
75,271 | 88,125 | 163,396 | |
| Charitable activities |
||||
| Museum | 8,105 | 8,105 | ||
| Otller trading activities | 23/13 | 23,213 | ||
| Investment income |
954 | 768 | 1,722 | |
| Total | 107,543 | 88,893 | 196,436 | |
| EXPENDITURE ON | ||||
| Raising funds | 4,494 | 2,488 | 6,982 | |
| Charitable activities |
||||
| Muse uin | 85,015 | 66,518 | 151,533 | |
| Total | 89,509 | 69,006 | 158,515 | |
| NET INCOME | 18,034 | 19,887 | 37,921 | |
| RECONCILIATION OF FUNDS | ||||
| Total funds brought forward | 157,117 | 102,072 | 259,189 | |
| TOTAL FUNDS CARRIED FORWARD | 175,151 | 121,959 | 297,110 | |
| 8. | TANGIBLE FIXEDASSETS | |||
| Fixtures | ||||
| slid | Computer | |||
| fittings | equipment | Totals | ||
| g | ||||
| COST | ||||
| At 1 April 2020 snd 31March 2021 | 7,956 | 900 | 8,856 | |
| DEPRECIATION | ||||
| At 1 April 2020 Charge foryear |
5,060 1,989 |
533 297 |
5,593 2,286 |
|
| At 31March 2021 | 7,049 | 830 | 7,879 | |
| NET BOOKVALUE | ||||
| At 31March 2021 | 907 | 70 | 977 | |
| At 31March 2020 | 2,896 | 367 | 3363 |
| STOCKS | ||||
|---|---|---|---|---|
| 2021 | 2020 | |||
| 8 | ||||
| Stocks | 4,142 | 3,777 | ||
| CREDITORS: AMOUNTS FALLING DUE WITHIN ONE | YEAR | |||
| 2021 | 2020 | |||
| Other creditors | f. 997 |
g 774 |
||
| MOVEMENT IN FUNDS | ||||
| Net | Transfers | |||
| movement | between | At | ||
| At 1/4/20 | in funds | funds | 31/3/21 | |
| 8 | ||||
| Unrestricted funds |
||||
| General fund | 175,151 | 35,536 | 5,113 | 215,800 |
| Restricted funds | ||||
| Dilapidations | 40,311 | (39,854) | 457 | |
| Waving not drowning Fishennans' Friend exhibition |
6,710 8,938 |
(1,798) (3,825) |
(5,113) | 4,912 |
| Improvements | 66,000 | 66,000 | ||
| Heritage Action Zone Friends ofFM |
25,000 9,042 |
25,000 9,042 |
||
| 121,959 | (11,435) | (5,113) | 105,411 | |
| TOTAL FUNDS | 297,110 | 24,101 | 321,211 | |
| Net movement in funds, included |
in the above are as follows: | |||
| Incoming | Resources | Movement | ||
| resollrces | expended | in funds | ||
| Unrestricted funds |
||||
| General fund | 132,238 | (96,702) | 35,536 | |
| Restricted funds | ||||
| Dilapidations Waving not drowning Fishermans' Friend exhibition Heritage Action Zone Friends ofFM |
183 25,000 10,000 |
(40,037) (1,798) (3,825) (958) |
(39,854) (1,798) (3,825) 25,000 9,042 |
|
| 35,183 | (46,618) | (11,435) | ||
| TOTAL FUNDS | 167,421 | (143,320) | 24,101 |
| Net | ||||
|---|---|---|---|---|
| movement | At | |||
| At 1/4/1 9 | in funds | 31/3/20 | ||
| Unrestricted | funds | |||
| General fund | 157,117 | 18,034 | 175,151 | |
| Restricted funds | ||||
| Dilapidations | 92,874 | (52,563) | 40,311 | |
| Waving not Fishermans' |
drowning Friend exhibition |
9,198 | (2,488) 8,938 |
6,710 8,938 |
| Improvements | 66,000 | 66,000 | ||
| 102,072 | 19,887 | 121,959 | ||
| TOTAL FUNDS | 259,189 | 37,921 | 297,110 |
| Incoming | Resources | Movement | ||
|---|---|---|---|---|
| resources | expended | in funds | ||
| Unrestricted | funds | |||
| General fund | 107,543 | (89,509) | 18,034 | |
| Restricted funds | ||||
| Dilapidations | 768 | (53,331) | (52,563) | |
| Waving not drowning Fisherrnsns' Friend exhibition |
13,125 | (2,488) (4,187) |
(2,488) 8,938 |
|
| National Heritage | 9,000 | (9,000) | ||
| Improvements | 66,000 | 66,000 | ||
| 88,893 | (69,006) | 19,887 | ||
| TOTAL FUNDS | 196,436 | (158,515) | 37,921 |
| Net | Transfers | |||
|---|---|---|---|---|
| movement | between | At | ||
| At I/4/I 9 | in funds | funds | 31/3/21 | |
| Unrestricted funds |
||||
| General fund | 157,117 | 53,570 | 5,113 | 215,800 |
| Restricted funds | ||||
| Dilapidations | 92,874 | (92,417) | 457 | |
| Waving not drowning Fishermans' Friend exhibition |
9,198 | (4,286) 5,113 |
(5,113) | 4,912 |
| hnprovements | 66,000 | 66,000 | ||
| Heritage Action Zone Friends ofFM |
25,000 9,042 |
25,000 9,042 |
||
| 102,072 | 8,452 | (5,113) | 105,411 | |
| TOTAL FUNDS | 259,189 | 62,022 | 321,211 |
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources f, |
expended I |
in funds | |
| Unrestricted funds |
|||
| General fund | 239,781 | (186/11) | 53&570 |
| Restricted funds | |||
| Dilapidations Waving not dmwning Fishennans' Friend exhibition National Heritage hnprovements |
951 13,125 9,000 66,000 |
(93,368) (4,286) (8,012) (9,000) |
(92,417) (4,286) 5,113 66,000 |
| Heritage Action Zone Friends ofFM |
25,000 10,000 |
(958) | 25,000 9,042 |
| 124,076 | (115,624) | 8,452 | |
| TOTAL FUNDS | 363,857 | (301,835) | 62,022 |
| forthe year ended 31 | March 2021 | |||
|---|---|---|---|---|
| 2021 | 2020 | |||
| INCOME AND ENDOWMENTS | ||||
| Donations and |
legacies | |||
| Gills | 1 | 669 | ||
| Donations | 23,844 | 21,727 | ||
| Grants | 136,456 | 141,000 | ||
| 160,301 | 163,396 | |||
| Other trading | activities | |||
| Fuudiaising events |
1455 | 422 | ||
| Shop incoine | 3330 | 9,812 | ||
| Cafe takings | 12,979 | |||
| 4,485 | 23/13 | |||
| Investment income |
||||
| Deposit account interest | 715 | 1,722 | ||
| Charitable activities |
||||
| Admissions | 1,920 | 8,105 | ||
| Total incomiug | resources | 167,421 | 196,436 | |
| EXPENDITURE | ||||
| Other trading | activities | |||
| Opening stock | 3,777 | 2,251 | ||
| Purchases | 409 | 6,020 | ||
| Closing stock | (4,142) | (3,777) | ||
| 4,494 | ||||
| Investment management |
costs | |||
| Administrative | expenses | 1,798 | 2,488 | |
| Charitable activities |
||||
| Rates and water | 402 | 3,003 | ||
| Insurance | 1,335 | 4,928 | ||
| Light and heat | 7,340 | 8,501 | ||
| Telephone | 1,149 | 1,139 | ||
| Postage and stationery | 70 | 355 | ||
| Advertising | 773 | 2,618 | ||
| Sundries | 1,508 | 1,958 | ||
| Repairs and renewals | 73,196 | 61,916 | ||
| Cleaning | 1,722 | 2,150 | ||
| Volunteer expenses | 7 | 379 | ||
| Exhibition materials |
4,783 | 4,187 | ||
| Canied forward | 92285 | 91,134 |
| for the year ended | 31March 2021 | ||
|---|---|---|---|
| 2021 | 2020 | ||
| Charitable activities |
|||
| Brought forward | 92,285 | 91,134 | |
| Fixtures and fittings | 1,989 | 1,989 | |
| Computer equipment |
297 | 297 | |
| 94,571 | 93,420 | ||
| Support costs | |||
| Finance | |||
| Bank charges | 399 | ||
| Governance | costs | ||
| Wages | 42,440 | 45,328 | |
| Pensions | 2,707 | 1,056 | |
| Accountancy | and legal fees | 810 | 1,524 |
| Professional | fees | 551 | 9,761 |
| 46,508 | 57,669 | ||
| Total resources | expended | 143,320 | 158,515 |
| Net income | 24,101 | 37,921 |