2021-12-31-accounts - Paper Foundation

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		Page
Reference and Administrative Details
Report ofthe Trustees	2	to	3
Independent Examiner's Report
Statement ofFinancial Activities
Balance Sheet	6	to	7
Notes to the Financial Statements	8	to	14
Detailed Statement ofFinancial Activities	15	to	16

TRUSTEES		JESharp
		P JWillink
		MA JCropper
		Mrs A FCropper
		EW GBayntun Coward (appointed			14.2.22)
REGISTERED	OFFICE	C/0 Estate Office
		Ellergreen
		Kendel
		Cumbria
		LA9 5SD
REGISTERED	COMPANY	10493204(England	and Wales)
NUMBER
REGISTERED	CHARITY	1172250
NUMBER
INDEPENDENT	EXAMINER	Stables Thompson	&	Briscoe Ltd
		Chartered Accountants		&Business	Advisors
		Lowther House
		Lowther Street
		Kendal
		LA9 4DX

Balance Sheet 31December 2021
				31.12.21	31.12.20
		Unrestricted	Restricted	Total	Total
		fund	fund	funds	funds
					as restated
	Notes	f.			f.
FIXEDASSETS
Intangible assets	11	2,250		2,250
Tangible assets Heritage assets	12 13	19,008 ~64 626		19,008 ~64 626	17,019 ~35 126
		85,884		85,884	52,145
CURRENT ASSETS
Stocks	14	1,000		1,000
Debtors Cash at bank	15	2,561 1,384		2,561 1,384	2,047 ~5282
		4,945		4,945	7,329
CREDITORS
Amounts falling due within one year	16	(15,216)		(15,216)	(11,219)
NET CURRENT ASSETS		(10,271)		(10,271	(3,890)
TOTAL ASSETSLESSCURRENT
LIABILITIES		75,613		75,613	48,255
CREDITORS
Amounts falling due after more than one year	17	(19,500)		(19,500)
NET ASSETS		56,113		56,113	48,255
FUNDS	18
Unrestricted funds				56,113	48,255
TOTAL FUNDS				56,113	48,255

for t	he Year Ended 31December 2021	he Year Ended 31December 2021	he Year Ended 31December 2021
2.	DONATIONS AND LEGACIES
				31.12.21	31.12.20
					as restated
				f
	Appeals and donations			30,142	40,326
	Gift aid tax reclaimed Grants			12,500 ~1790	5,000
				44,432	45,326
	Grants received, included		in the above, are as follows:
				31.12.21	31.12.20
					as restated
	Other grants			1,790
3.	OTHER TRADING ACTIVITIES
				31.12.21	31.12.20
					as restated
	Shop income			9,566	4,669
4.	INVESTMENT INCOME
				31.12.21	31.12.20
					as restated
					f.
	Deposit account interest			7
5.	RAISING FUNDS
	Raising donations	and legacies
				31.12.21	31.12.20
					as restated
	Support costs			1,954	13,640
6.	NET INCOME/(EXPENDITURE)
	Net income/(expenditure)		is stated atter charging/(crediting):
				31.12.21	31.12.20
					as restated
	Depreciation - owned assets			677	190
	Hire ofplant and machinery				105
	Computer sottware	amortisation		750

STAFFCOSTS
					31.12.21	31.12.20
						as restated
					f.	f.
Wages and salaries					26,344	~12455
					26,344	12,455
The average monthly	number ofemployees			during the year was as follows:
					31.12.21	31.12.20
						as restated
Number ofstaff						I
No employees received		emoluments	in excess off60,000.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
				Unrestricted	Restricted	Total
				fund	fund	funds
						as restated
						f.
INCOME AND ENDOWMENTS			FROM
Donations and legacies				45,326		45,326
Other trading activities				4,669		4,669
Total				49,995		49,995
EXPENDITURE ON
Raising funds				23,652		23,652
Charitable activities
Development costs				12,455		12,455
Depreciation				190		190
Support costs				22,706		22,706
Goveiuance costs				3,276		3,276
Total				62,279		62,279
NET INCOME/(EXPENDITURE)				(12,284)		(12,284)
RECONCILIATION		OF FUNDS
Total funds brought	forward			60,539		60,539

13.	HERITAGE	ASSETS
				Total
				f,
	MARKET VALUE
	At I January	2021		35,126
	Additions			29,500
	At 31December 2021			64626
	NET BOOKVALUE
	At 31December 2021			64,626
	At 31December 2020			35,126
14.	STOCKS
			31.12.21	31.12.20
				as restated
	Stocks		1,000
15.	DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
			31.12.21	31.12.20
				as restated
	VAT			600
	Prepayments	and accrued income	2,209
	Prepayments		352	1,447
			2,561	2,047
16.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
			31.12.21	31.12.20
				as restated
	Trade creditors		7,172	570
	Social security	and other taxes	366	335
	VAT		6,678
	Other creditors			5,000
	Accruals and	deferred income	1,000	5,314
			15,216	11,219

					Net
					movement	At
				At 1.1.20	in funds	31.12.21
				f,		f,
Unrestricted	funds
General fund				60,539	(4,426)	56,113
TOTAL FUNDS				60,539	~4,426)	56,113
A current year 12months		and prior year 12months	combined	net movement in funds, included		in the above are
follows:
				Incoming	Resources	Movement
				resources	expended	in funds
					f.
Unrestricted	funds
General fund				102,210	(106,636)	(4,426)
Restricted funds
Heritage Cratts HCA				1,790	(1,790)
TOTAL FUNDS				104,000	108 426	~4,426)