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2020-08-31-accounts

Annual Report and Accounts Year to 31 August 2020 Park Life Heavitree Report authored by: Kate Holmes / Ben Hunt

Page
Trustees'
Annual
Report
1-12
Statement
of
Trustees' Responsibilities 13
Independent Examiner's Report 14
Statement
of
Financial Activities 15
Balance Sheet 16
Notes to the Financial Statements 17-25

Note Unrestricted Restricted Total Total
Funds Funds Funds Funds
2020 2019
E E
Income
Donations 7,347 294,040 301,387 738,270
Charitable
activities
4,422 930 5,352 5,356
Investment
income
496 496 9
Other income 46
Total income 12,265 294,970 307,235 743,681
Expenditure
Charitable
activities
12,714 14,586 27,300 24,520
Total expenditure 12,714 14,586 27,300 24,520
Net income/(expenditure) (449) 280,384 279,935 719,161
Transfers
between
funds 28,369 (28,369)
Net movement in funds 27,920 252,015 279,935 719,161
Reconciliation offunds:
Fund balances brought forward 52,598 678,041 730,639 11,478
Fund balances carried forward 8 80,518 930,056 1,010,574 730,639

Note 2020 2019
6 6
Fixed Assets
Tangible assets 70,951 42,671
70,951 42,671
Current Assets
Debtors 732,542 558,626
Cash at bank and in hand 213,366 132,196
945,908 690,822
Creditors
Amounts
falling due within one year
(6,285) (2,854)
Net current assets 939,623 687,968
Total assets less current liabilities 1,010,574 730,639
The funds ofthe Charity
Restricted funds 930,056 678,041
Unrestricted
funds
80,518 52,598
Total funds 1,010,574 730,639

2.
Donations
Unrestricted Restricted Total Total
Funds Funds 2020 2019
E E E E
Donations 1,793 1,793 6,133
Gift aid tax refunds and GASDS 596 596 488
Grants 4,958 294,040 298,998 731,649
7,347 294,040 301,387 738,270

3. Inc ome from Charitable activities
Unrestricted Restricted Total Total
Funds Funds 2020 2019
E E E 6
Event income 3,956 930 4,886 4,229
Rental income 466 466 1,127
4,422 930 5,352 5,356

4.
Expendit
ure
on Charitable
a
ctivities
Unrestricted Restricted Total Total
Funds Funds 2020 2019
E E E 6
Event costs 4,848 800 5,648 9,699
Employment costs 40 12,889 12,929 5,839
Van expenses 61 61 1,389
Storage costs 1,200 1,200 1,200
ITand equipment 10 10 86
Insurance 1,008 1,008 370
Print, post 8 stationery 142 142 280
Administrative costs 340 340 366

Sundry expenses 644 644 458
Website expenses 18 543 561 1,086
Bookkeeping/payroll expenses 2,113 354 2,467 1,634
Accountancy/independent 1,446 1,446 1,361
examination
Depreciation 790 790 752
Travel and subsistence 54 54
12,714 14,586 27,300 24,520

ncluded
in the 2019total off24,52
nrestricted
funds ofE14,585.
. Tangible fixed assets
0 is expenditure
on restricte
d
funds ofE9,935
and
Equipment Assets Under Total
Construction
E
Cost
At 1September 2019 2,255 41,920 44,175
Additions
in the year
701 28,369 29,070
At 31August 2020 2,956 70,289 73,245
Depreciation
At 1September 2019 1,504 1,504
Charge for the period 790 790
At 31August 2020 2,294 2,294
Net book value
At 31August 2020 662 70,289 70,951
At 31August 2019 751 41,920 42,671

2020 2019
E E
Pre payments 784 623
Accrued income 731,758 558,003
732,542 558,626
7.
Creditors: Amounts
falling due within one year
2020 2019
E E
PAYE/NIC 106
Other creditors 3,338 1,498
Accruals 2,947 1,250
6,285 2,854
8.
Movement
in funds
1 September Income Expenditure Transfers 31August
2019 2020
E E E
Medical Training 1,245 1,245
The National Lottery- 254,002 93,400 (13,243) 334,159
Community Fund
Community Hub- 422,794 200,640 (543) (28,369) 594,522
/Community Cafe
Get Active Exeter 930 (800) 130
Restricted funds 678,041 294,970 (14,586) (28,369) 930,056
Unrestricted funds 52,598 12,265 (12,714) 28,369 80,518
Totalfunds 730,639 307,235 (27,300) 1,010,574

Prior year Comparative Prior year Comparative note
1September Income Expenditure Transfers 31August
2018 2019
E E
Get Active Exeter 1,487 762 (2,249)
Medical Training 1,245 1,245
The National Lottery- 254,002 254,002
Community Fund
Community Project- 6,600 (6,600)
Manager Application
Community Hub- 465,800 (1,086) (41,920) 422,794
/Community Cafe
Restricted funds 2,732 727,164 (9,935) (41,920) 678,041
Unrestricted funds 8,746 16,517 (14,585) 41,920 52,598
Totalfunds 11,478 743,681 (24,520) 730,639

Unrestricted Restricted Total
Funds Funds
E E E
Fixed Assets 70,951 70,951
Current Assets 15,852 930,056 945,908
Current Liabilities (6,285) (6,285)
Net Assets 80,518 930,056 1,010,574

Prior ye ar comparative
note
Unrestricted Restricted Total
Funds Funds
E E E
Fixed Assets 42,671 42,671
Current Assets 12,356 678,466 690,822
Current Liabilities (2,429) (425) (2,854)
Net Assets 52,598 678,041 730,639