**REGISTERED CHARITY NUMBER: 1168653**
**Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 March 2021 for The Hydration Foundation**
Wormald & Partners Chartered Accountants (ICAEW) Redland House 157 Redland Road Redland Bristol BS6 6YE
**The Hydration Foundation**
## **Contents of the Financial Statements for the Year Ended 31 March 2021**
||Page|
|---|---|
|Report of the Trustees|1|
|Statement of Financial Activities|2|
|Balance Sheet|3|
|Notes to the Financial Statements|4 to 6|
|Detailed Statement of Financial Activities|7|
## **The Hydration Foundation**
## **Report of the Trustees**
## **for the Year Ended 31 March 2021**
The trustees present their report with the financial statements of the charity for the year ended 31 March 2021. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' issued in March 2005.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
Registered Company number (England and Wales) CE008476
Registered Charity number 1168653
Registered Office 11 Elmdale Road Clifton Bristol BS8 1SL
Trustees M Moran M A Evans S A Travis
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, a deed of trust, and constitutes a charitable incorporated organisation.
## **Risk management**
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
............................................. M Moran - Trustee
Page 1
## **The Hydration Foundation**
## **Statement of Financial Activities**
## **for the Year Ended 31 March 2021**
|2021
Unrestricted
fund
Notes
£
**INCOMING RESOURCES**
**Incoming resources from generated funds**
Voluntary income
44,139
**RESOURCES EXPENDED**
**Costs of generating funds**
Costs of generating voluntary income
2
216
Fundraising trading: cost of goods sold and other
costs
3
80,031
**Governance costs**
2,340
**Total resources expended**
82,587
**NET INCOMING/(OUTGOING) RESOURCES**
(38,448)
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
105,373
**TOTAL FUNDS CARRIED FORWARD**
66,925|2020
Total
funds
£
10,654
295
55,000
1,040
56,335
(45,681)
151,054
105,373|
|---|---|
The notes form part of these financial statements
Page 2
## **The Hydration Foundation**
## **Balance Sheet**
## **At 31 March 2021**
|2021
Unrestricted
fund
Notes
£
**CURRENT ASSETS**
Cash at bank
116,075
**CREDITORS**
Amounts falling due within one year
5
(400)
**NET CURRENT ASSETS**
115,675
**TOTAL ASSETS LESS CURRENT LIABILITIES**
115,675
**CREDITORS**
Amounts falling due after more than one year
6
(48,750)
**NET ASSETS**
66,925
**FUNDS**
7
Unrestricted funds
66,925
**TOTAL FUNDS**
66,925|2020
Total
funds
£
105,773
(400)
105,373
105,373
-
105,373
105,373
105,373|
|---|---|
The financial statements were approved by the Board of Trustees on ............................................. and were signed on its behalf by:
............................................. M Moran -Trustee
The notes form part of these financial statements
Page 3
**The Hydration Foundation**
## **Notes to the Financial Statements for the Year Ended 31 March 2021**
## **1. ACCOUNTING POLICIES**
## **Accounting convention**
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Charities Act 2011 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.
## **Incoming resources**
All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
## **Resources expended**
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **2. COSTS OF GENERATING VOLUNTARY INCOME**
|Subscriptions
Support costs
**FUNDRAISING TRADING: COST OF GOODS SOLD AND OTHER COSTS**
Purchases
Support costs|2021
£
216
-
216
2021
£
80,000
31
80,031|2020
£
216
79
295
2020
£
55,000
-|2020
£
216
79|
|---|---|---|---|
||||295|
|||55,000||
## **3. FUNDRAISING TRADING: COST OF GOODS SOLD AND OTHER COSTS**
## **4. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 March 2021 nor for the year ended 31 March 2020.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 March 2021 nor for the year ended 31 March 2020 .
## **5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
||2021|2020|
|---|---|---|
||£|£|
|Other creditors|400|400|
Page 4
**The Hydration Foundation**
## **Notes to the Financial Statements - continued for the Year Ended 31 March 2021**
## **6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR**
||||2021|2020||
|---|---|---|---|---|---|
||||£|£||
||Bank loans||48,750|-||
|**7.**|**MOVEMENT IN FUNDS**|||||
||||Net movement|||
|||At 1.4.20|in funds|At 31.3.21||
|||£|£|£||
||**Unrestricted funds**|||||
||General fund|105,373|(38,448)|66,925||
||**TOTAL FUNDS**|105,373|(38,448)|66,925||
||Net movement in funds, included in the above are as follows:|||||
|||Incoming|Resources|Movement in||
|||resources|expended|funds||
|||£|£|£||
||**Unrestricted funds**|||||
||General fund|44,139|(82,587)|(38,448)||
||**TOTAL FUNDS**|44,139|(82,587)|(38,448)||
||**Comparatives for movement in funds**|||||
||||Net movement|||
|||At 1.4.19|in funds|At 31.3.20||
|||£|£|£||
||**Unrestricted Funds**|||||
||General fund|151,054|(45,681)|105,373||
||**TOTAL FUNDS**|151,054|(45,681)|105,373||
|||||||
||Comparative net movement in funds, included in the above are as|follows:||||
|||Incoming|Resources|Movement in||
|||resources|expended|funds||
|||£|£|£||
||**Unrestricted funds**|||||
||General fund|10,654|(56,335)|(45,681)||
||**TOTAL FUNDS**|10,654|(56,335)|(45,681)||
|||||||
||A current year 12 months and prior year 12 months combined position is as follows:|||||
||||Net movement|||
|||At 1.4.19|in funds|At 31.3.21||
|||£|£|£||
||**Unrestricted funds**|||||
||General fund|151,054|(84,129)|66,925||
||**TOTAL FUNDS**|151,054|(84,129)|66,925||
Page 5
**The Hydration Foundation**
## **Notes to the Financial Statements - continued for the Year Ended 31 March 2021**
## **7. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
||Incoming|Resources|Movement in|
|---|---|---|---|
||resources|expended|funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|54,793|(138,922)|(84,129)|
|**TOTAL FUNDS**|54,793|(138,922)|(84,129)|
Page 6
## **The Hydration Foundation**
## **Detailed Statement of Financial Activities for the Year Ended 31 March 2021**
|**INCOMING RESOURCES**
**Voluntary income**
Donations
Grants
**Total incoming resources**
**RESOURCES EXPENDED**
**Costs of generating voluntary income**
Subscriptions
**Fundraising trading: cost of goods sold and other costs**
Purchases
**Governance costs**
Accountancy
Fundraising and admin costs
**Support costs**
**Finance**
Bank charges
**Total resources expended**
**Net expenditure**|2021
£
34,139
10,000
44,139
44,139
216
80,000
240
2,100
2,340
31
82,587
(38,448)|2020
£
10,654
-
10,654
10,654
216
55,000
240
800
1,040
79
56,335
(45,681)|
|---|---|---|
This page does not form part of the statutory financial statements
Page 7