2021-03-31-accounts

				2020/2021	2019/2020
				f	E
Donations		&legacies from	Friends	81,649	74,583
Donation	from subsidiary		company	125,582	234,607
Investments		& bank interest		9,133	12,731

Recipient				Approx. Total Amount
Individuals	(via Pcr or RASP)			6790
BYM
Quaker Charities		(qcP, NFPB, woodbrooke)		E4,045
Non Quaker	Charities		(via QWF, RASF or	E2,650
PPG)

		Unrestricted	Restricted	Total funds	Total funds
	Note	funds f	fundsf	2021 f	2020f
Income from:
Donations and legacies		41,426	40,223	81,649	74,583
Charitable activities		1,013		1,013	3,349
Other trading activities		283,312		283,312	789,112
Investments		9,133		9,133	12,731
Total income		334,884	40 223	375ei07	8791775
Expenditure on:
Raising funds		475,024		475,024	668,430
Charitable activities		96,653	41,184	137,837	156,045
Total expenditure		571,677	4le184	612e861	824e475
Net income/(expenditure)	before
net gains/(losses) on
investments		(236,793)	(961)	(237,754)	55,300
Net gains/(losses) on investments		132,655		132,655	(20,223)
Net income/(expenditure)	for
the year	II	(104,138)	(961)	(105,099)	35077
Transfer between funds		127	(127)
Net movement in funds for	the year	(104,011)	(1,088)	(105,099)	35e077
Reconciliation offunds
Total funds brought forward		7,800,737	8,173	7,808,910	7,773,833
Total funds carried forward		7,696,726	7e085	7e703e811	7e808e910

			The	group	The	Charity
		sot	2021	2020	2021	2020
			E	E	E	E
Fixed assets
Tangible assets Investments		ss xe	6,181,312 1,119,609	6,232,449 984,397	6,173,100 1,359,609	6,216,045 984,397
Total fixed assets			7,300,921	7,216,846	7~532709	7~200I442
Current assets
Investments			131,499	130,318	131,499	130,318
Debtors		zo	62,852	128,682	15,445	17,277
Cash at bank and	in hand		284,367	445,902	243,361	353,277
Total current assets			478,718	704,902	390,305	500,872
Liabilities
Creditors: amounts	falling
due in less than	one year		(75,828)	f112,838)	(31,118)	(18417)
Net current assets			402,890	592~064	359,187	482i455
Net assets			7,703,811	2~808,910	7,891,896	7,682,897
Funds ofthe charity:
Restricted income	funds	23	7,085	8,173	7,085	8,173
Unrestricted income funds		24	7,696,726	7,800,737	7,884,811	7,674,724
Total charity funds			7,703,811	7,808,910	7,891,896	7,682,897

			Note	2021 f	2020 E
Cash provided by/(used	in) operating	activities	ee	(166,930)	118,201
Cash flows fnom investing	activities:
Dividends, interest, and rents from investments				9,133	12,731
Purchase of tangible fixed assets Proceeds from sale of investments				126,360	(I5,713) 55,261
Purchase of investments				(128,917)	(60,952)
Cash provided by/(used	in) investing	activities		6576	(ae673)
Increase/(decrease) in cash and cash
equivalents in the year				(160,354)	109,528
Cash and cash equivalents	brought forward
Cash at bank and in hand				445,902	273,309
Current asset investments				130,318	I93,383
Total cash equivalents	at the end ofthe year			415,666	57'6,220
Total cash equivalent at the end ofthe year
Cash at bank and in hand				284,367	445,902
Current asset investments				131,499	130,318

Income from donations and le	gacies
Charity
	unrestricted	Restricted	Total 2021
		f	E
Collections and other donations	41,426	40,223	81,649
Donation from subsidiary	125,582		125,582
Total charity	167,008	40,223	207,231
Donation from subsidiary	(125,582)		(125,582)
Totill gl'oup	41,426	40,223	81,649
Previous reporting period	Unrestricted	Restricted	Total 2020
	6	E	E
Collections and other donations	36,485	38,098	74,583
Donation from subsidiary	234,607		234,607
Total charity	271,092	38,098	309,190
Donation from subsidiary	(234,607)		(234,607)
Total group	36,485	38,098	74,583

Incom	e from c	haritabl	e activities
				Total	2021 f	Total	2020
Other	charitable	income	(LPOW)		1,013		3,349
Total					1,013		3,349

Income f	rom oth	er trading activities
			2021	2020
				E
Other income			167,683
Subsidiary	trading	income	115,629	789,112
			283,312	789,112

		Total 2021 I	Total 2020 E
Interest	from bank deposits	1,515	2,138
Dividends	received	7,618	10,593
		9,133	12,731

				2021	2020
					E
Investment	management		costs	5,061	4,900
Subsidiary	trading	expenditure		469,963	663,530
				475,024	668,430

			Unrestricted E	Unrestricted E	Restricted f	Total 2021 E	Total 2020 f
Charitable activities Conference Expenses Grants payable (see Other direct costs	note 10)			222 5,945 10	41,184	222 47,129 10	6,055 1,847 48,296 7118
Governance costs (see note 9)				7,935		7,935	4,460
Support costs (see note 9)				82,541		82,541	88,269
				96,653	41,184	137,837	156,045
						2021 f	2020f
Restricted expenditure Unrestdcted expenditure						41,184 96,653	39,230 116,815
						137,837	156,045
Analysis ofgovernance and		support		costs
	Activity Basis		Fund Raising E		Other Charitable f	Tota I 2021 f	Total 2020 f
Salary Costs Property Costs	Staff Time Property Use				35,063 3,692	35,063 3,692	35,521 4,565
Depreciation Office 6	Resource	Use			42,945	42,945	45,744
administration costs Staff travel, training	Resource	Use			681	681	1,041
K recruitment	Staff Time						320
Volunteer costs Governance Costs	Governance				160 7,935	160 7,935	1,078 4,460
					90,476	90,476	92,729

Name of institution	Name of institution	Unrestricted f	Restricted E	2021 E		2020 E
Britain Yearly	Meeting		35,599	35,599		29,698
Northern Friends Peace Board Quaker Work Fund		1,800 3,750	154	1,954 3,750		1,939 8,427
Peace Museum	Bradford	50		50
Small Grants	and Donations	345	5,431	5,776		8,232
					1
		5,945	41,184	47,129		48,296

The Chadty does not actively invite ap the concerns ofthe fdends.	plications, b	ut responds as it is abl	e in way
Net income/(expenditure) for the	year	The group
This is stated after charging/(crediting):		2021	2020
		E	E
Depreciation		51,137	55,374
Auditor's remuneration - audit fees Auditor's remuneration - accountancy	fees	3,600 2,184	3,600 2,184

Staff costs during the yea	r were as foll	ows:
			2021	2020
			E	E
Wages and salaries			329,821	325,163
Social security costs Pension costs			18,716 21,412	19,194 21,815
Total			369,949	366,172
Staff costs for the trading	sub included	above	334,886	330,651

Average	number	ofemployees	Average	number	Average	FTE	Average number	Average	FTE
			2021		2021		2020	2020
				E	E		E	E
Chaditable				1		1	1		1
Fundraising				18		13	18		13
Total						14			14

2021	2020
E	E

Fixed assets: tangible ass	ets
The group	Freehold Land and	Furniture 8
Cost	Buildings 6	Equipment E	Total 6
At 1April 2020	6,460,000	221,433	6,681,433
Additions
Disposals
At 31 March 2021	6,460,000	221,433	6,681,433
Depreciation
At 1 Apdil 2020	253,125	195,859	448,984
Charge for the year	40,500	10,637	51,137
Disposa Is
At 31 March 2021	293,625	206,496	500,121
Met book value
At 31 March 2021	6,166,375	14,937	6,181,312
At 31 Nfarch 2020	6,206,875	25,574	6,232,449

Fixed assets: tangible as	sets (continued)
The charity	Freehold
	Land and	Furniture 8
Cost	Buildings	Equipment E	Total E
At 1 April 2020 Additions	6,460,000	165,750	6,625,750
Disposals
At 31 March 2021	6,460,000	165,750	6,625,750
Depreciation
At 1 April 2020 Charge for the year Disposals	253,125 40,500	156,580 2,445	409,705 42,945
At 31 March 2021	293,625	159,025	452,650
Net book value
At 31 March 2021	6,166,375	6,725	6,173,100
At 31 Nfarch 2020	6,206,875	9,170	6,216,045

				The	group	The	charity
				2021	2020	2021	2020
				8	E	f	E
Market value at the		start	ofthe
year Additions to	investments		at cost	984,397 128,917	998,929 60,952	984,397 368,917	998,929 60,952
Disposals at carrying Add net gain/(loss)		value on revaluation		(126,360) 132,655	f55,261) (20,223)	(126,360) 132,655	(55,261) (20,223)
Market value at the		end ofthe year
				1,119,609	984,397	1,359,609	984,397
Investments	comprised:
Equities				456,214	345,639	456,214	345,639
Fixed interest securities				130,245	84,727	130,245	84,727
Infrastructure	Funds			35,578	24,938	35,578	24,938
Cash held in	the investment
portfolio				7~572	39,093	7,572	39,093
Investment	Properties			490,000	490,000	490,000	490,000
Loan to trading subsidiary						240,000
				1,119,609	984,397	1,359,609	984,397

Profit and loss	account	2021 E	2020f
Turnover		115,629	789,1I2
Administration Other operating	costs income	(471,827) 167,683	(663,530)
Net (loss)/profit		E(188,515)	E 125,582
Balance sheet		2021	2020
		E	S
Fixed assets Current assets		8,211 88,413	I6,403 204,009
Creditors due in less than one year Creditors due in more than one year		(44,709) (240,000)	(94,400)
		(E188,085)	EI26,0I2
Profit and loss	account	(188,705)	126,012
		(f188,705)	EI26,012

			The group 2021 2020	The group 2021 2020	The 2021	charity 2020
			E	E	E	E
Accrued income Trade debtors			41,143 17,674	20,244 96,646	15,054 211	16,433 10
Prepayments			4,035	11,792	180	834
			62,852	128,682	15,445	17,277
Cash at	bank and in hand
			The group		The	charity
			2021	2020	2021	2020
			E	E	E	E
Cash at	bank and on hand		284,367	445,902	243,361	353,277
			284,367	445,902	243,361	353,277
Creditors: amounts falling due			within one year
			The group 2021 2020		The 2021	charity 2020
				E	E	E
Trade creditors Short term compensated		absences	10,469	40,518	188	1,249
(hoiiday	pay)		18,421	5,425	2,364
Accruais Deferred	income		37,435 9,503	36,806 30,089	28,566	17,168
			75,828	112,838	31,118	18,417

Analysis	of	movem	ents in	restrict	ed fun	ds
									Balance at
			Balance at						31 March
			1 April f	2020	Income E		Expenditure 6	Transfers E	2021 f
Contributions		small
groups Contributions		BYM		(15)	3,617 35,599		(3,617) (35,599)	15
Winifred	Locke
Legacy				473					473
Ditton Trust Refugees &Asylum			6,253				(263)		5,990
Seekers DSEIfunds			1,290			440 37	(1,280)	(37)	450
Bursary	Fund			172					172
Other						530	(425)	(105)
Total			8,173		40,223		(41 184)	(127)	7,085

Analysis ofmoveme	nts in restric	ted funds (c	ontinued)
Previous
reporting period	Balance at				Balance at
	1 April				31 Nfarch
	2019	Income	Expenditure	Transfers	2020
	E	E	E	E	E
Contributions small
groups Contributions 8Yhf Winifred Locke Legac Ditton Trust Refugees &Asylum	3,800 861 6,803	7,401 29,683	(8,171) (29,698) (388) (550)	(3,030)	(15) 473 6,253
Seekers DSEIFund Bursary Fund	827 172	663 351	(200) (223)	(128)	1,290 172
Total	12,463	38,098	(39,230)	(3,158)	8,173

	Balance at				As at 31
	1 Apdl 2020	Income	Expenditure	Transfers	March 2021
	E		E	E	E
General fund Revaluation reserve Quaker Trading	4,260,215 2,473,025 216,620	163,894 283,312	(87,355) (469,963)	127	4,336,881 2,473,025 29,969
	6,949,860	447,206	(557,318)	127	6,839,875
Designated Funds
Sinking Fund for
Maintenance Cost Contingency Legacies funds Quaker Work Fund	616,588 191,000 24,369 4,114	8,500	(3,750)		616,588 191,000 24,369 8,864
Loca I Meeting
accounts Summer school	13,310 1,496	10,721 1,112	(10,109) (500)		13,922 2,108
	850,877	20,333	(14,359)		856,851
Total Unrestricted
Funds 2021 Group	7,800,737	467,539	(571,677)	127	7,696,726
Donation from
Subsidiary Loan interest from	(126,013)	125,582			(431)
subsidiary		1,864			1,864
Trading loss				186,652	186,652
Total Unrestricted
Funds 2021 Charity	7,674,724	594,985	(571,677)	186,779	7,884,811

Analysis of movem	ent in unrestr	icted funds (	continued)
Previous
reporting period	Balance at
	I April				As at 31
	2019 6	Income 8	Expenditure E	Transfers I'	March 2020 E
General fund Revaluation reserve Quaker Trading	4,343,235 2,473,025 235,038	39,434 789,112	(125,612) (663,530)	3,158 (144,000)	4,260,215 2,473,025 216,620
	7,051,298	828,546	(789,142)	(140,842)	6,949,860
Designated Funds
Sinking Fund for
Maintenance	472,588			144,000 .	616,588
Cost Contingency
Reserve Legacies funds Quaker Work Fund Local Meeting	191,000 32,268 41	12,500	(7,899) (8,427)		191,000 24,369 4,114
accounts Summer school	12,860 1,315	450 181			13,310 1,496
	710,072	13,131	(16,326)	144,000	850,877
Total Unrestricted
Funds 2020 Group	7,761,370	841,677	(805,468)	3,158	7,800,737
Donation from
Subsidiary		234,607		(360,620)	(126,013)
Total unrestricted
Funds 2020 Charity	7,761,370	1,076,284	(805,468)	(357,462)	7,674,724

Name of		Description, nature and purposes ofthe fund
General fund		The free reserves after allowing for all designated	funds
Revaluation	Reserve	reserves attributable to increased property values	following	revaluation
Sinking Fund	for	reserves set aside for payment of substantial or unplanned		maintenance
Maintenance		expenses
Cost Contingency Reserve		reserves set aside to cover short-term excess of expenditure and to cover all potential redundancy costs			over income
Legacy Funds		monies donated in the form of legacies
Summer School		monies for the running costs of Friends' Summer School
Local Meeting
accounts		monies held for local use

Analysis ofgroup net assets	between funds
	General	Designated	Restricted
	fund	funds	funds	Total
		E
Tangible fixed assets Fixed asset investments Net current assets/(liabilities)	6,181,312 1 119609 (461,046)	856,851	7,085	6,181,312 1,119,609 402,890
Tota I	6,839,875	856,851	7,085	7,703,811

	2021 f	2020 E
Net income/(expenditure) for the year Adjustments for:	(105,099)	35,077
Depreciation charge (Gains)/losses on investments Dividends, interest and rents from investments Decrease/(increase) in debtors Increase/(decrease) in creditors	51,137 (132,655) (9,133) 65,830 (37,010)	55,374 20,223 (12,731) 3,525 16,733
Net cash provided by/(used in) operating	(166,930)	118,201