DRAPER TOGETHER CIO
Trustees' Report and Unaudited Accounts
31 March 2021
DRAPER TOGETHER CIO Contents
| Pages | |
|---|---|
| Trustees'AnnualReport | 2 to 7 |
| IndependentExaminer'sReport | 8 |
| Statement of FinancialActivities | 9 |
| BalanceSheet | 10 |
| Statement ofCashflows | 11 |
| Notesto the Accounts | 12 to 18 |
| DetailedStatement of FinancialActivities | 19 to 20 |
Page 1
DRAPER TOGETHER CIO Trustees Annual Report
The Trustees present their report with the unaudited financial statements of the charity for the year ended 31 March 2021.
REFERENCE AND ADMINISTRATIVE DETAILS
Charity No. 1173496
Trustees
The following Trustees served during the year:
J.M. Adamoli
T. Ahmed (Resigned 7 April 2021) S. Allen (Resigned 30 January 2021) C. Callianan (Resigned 7 April 2021) D. Dajan (Resigned 7 April 2021) K.T. Muszasty ' B. O Neal C. Richardson (Resigned 15 June 2021) S. Rowell (Resigned 30 January 2021) M. Smith (Resigned 21 March 2021) P. Wright (Resigned 25 May 2021)
Key Management Personnel
Director
Accountants
Borasana Limited 55 Jasmine Grove
London SE20 8JY
Bankers
NatWest 10 Southwark Street
London SE1 1TJ
OBJECTIVES AND ACTIVITIES
Objectives and aims
Draper Together is a charity promoting community cohesion by providing opportunities to the residents of the Draper estate and the wider community within Southwark. Draper Together aims to break down social and cultural barriers, tackling inequalities and social issues through intervention, events and activities to strengthen and support communities and groups. Draper Together brings people together to celebrate and respect our differences and builds a foundation of optimism in our community by improving the wellbeing of individuals and helping them to make their contribution to the wider society. Draper Together enables early intervention through education and the arts.
Page 2
DRAPER TOGETHER CIO Trustees Annual Report
Charitable activities
Draper Together has undergone new managerial change but this has not impacted on our attitude and determination to fulfil the Charities objectives. All the outstanding projects were completed along with the completion of 7 new projects despite the uncertainties with the pandemic. We managed to reopen the hall and supported and collaborated with a number of charities, businesses and individuals to ensure their events and projects were able to take place within a safe setting which adhered governmental guidelines and safety protocols.
Now in its sixth year of activity, Draper Together has managed to deliver projects and activities despite the pandemic. DT has managed to fulfil its obligations to complete a number of outstanding projects many - ’ which were delivered online due to the Covid 19 restrictions being imposed. The DFMA s dedication to offer the arts to the young people on the estate was paramount and the determination of all the professionals and volunteers involved ensured that the projects were completed and the performances were still held be it online and not in person as originally proposed.
Throughout 2020 the DRAPER FILM AND MUSIC ACADEMY continued to meet and rehearse with its young participants with the intention to deliver a staged performance for the community. The students learnt about the Mayflower and they were then tasked to transfer their knowledge into a stage performance along with the creation of their own props and clothing. Unfortunately, the performance was never done live due to the lockdown restrictions but instead it was filmed for later broadcast. The attendees were a mixture of sex, cultures, and backgrounds with varying ages and the volunteers for the project were also a mixture of ages and communities. Students were able to learn about filmmaking, music, and photography. We were pleased to expand the music classes on offer to cater to the needs and wishes of our students.
SPORTING DRAPER
- Again, boasted record attendees of young people who engaged in weekly football training. The Covid 19 was an interruption which had an impact on many levels. The sporting draper activities was an outlet for young people who were constantly at home or lack social skills. Many of the young people who engaged lived in a high rise which meant they had no or limited access to a garden or they were unable to access outside unless they were supervised. This has always been problematic on estates and certain areas within south London due to wide recognition of gang culture. The activities allowed for camaraderie, - self esteem, reduce stress, improve mental health. All sessions were well attended and the sports coaches kept the young people engaged with a variety of sporting activities. Parents were happy for the young people to be involved in this project as it was seen as an outlet for the children and an opportunity for respite for the parents. Draper together recognises the importance of physical activities and we strive to engage people of all ages without discrimination. Draper Together recognises that engaging with sporting - activities some of the positive outcomes include self confidence, better social skills, higher competence, - improved team work, self discipline and fewer depressive symptoms to name a few.
BLACK HISTORY MONTH
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Trustees Annual Report
DRAPER TOGETHER CIO
With the celebrations for 2021 Draper Together’s themed BHM African storytelling and drumming which allowed for generational and cultural interaction. We entertained people from neighbouring communities allowing a new audience to meet our community, and for our residents to be active participants of these - important events. Both events were held to a sold out audience, attracting not only residents but also people coming from greater London, giving exposure to the work we do in our community. We were able to deliver two black history events which were one week apart, The second being a Motown/Steel band cabaret styled event for the more mature people which allowed for entertainment value appreciated by all, both events were filled to capacity and allowed for interactive cultural participation from the attendees.
THE FOURTEENTH STOP
-
- ’ An online interactive adventure where participants Joined a 10 year old Taaliyah as she rides London s longest Night Bus route, transforming the sleepy streets into a wonderland with her vibrant imagination. It’s a long journey, full of unexpected and exciting challenges, but she’s determined not to fall asleep – because Taaliyah knows that with a little help and a lot of courage she can overcome anything the world throws at her. Featuring puppetry, poetry and physical theatreThe Fourteenth Stopis an uplifting experience for all the family.
SHERLOCK HOLMES
– ’ A pioneering new immersive adventure of who done it but this time online. but this time it s online usinglive performance, immersive 360 technology and over 100 clues to discover. Participants were able to make their deductions by interviewing suspects, reading reports, searching for hidden clues, researching old facts in this online free-roaming, multi-sensory and intricate world. All this with the option to bring friends together remotely on different screens to work together to crack the case. DIGITAL DRAPER SURVEY
Draper Together appointed Anna Glarin and Mark Johnson to develop Draper Together's online presence; a virtual town square for residents to get together. This included surveying the entire estate to gain an understanding of digital literacy and assess hardware/ software needs among residents, develop a digital strategy with the aim to increase DT's online presence, and make appropriate recommendations going forward in order for Draper Together to have a successful online presence CRAFTY CAPERS
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DRAPER TOGETHER CIO Trustees Annual Report
An educational online interactive session for children between the ages of 7 and 11 children were taught how to make crafts and other items. The children made lanterns, painted crafts etc.
'Stay Awake Jake' and 'Fiver' (online)
Something beginning with M Dig Deeper Odds
All online plays offered free to our residents in collaboration with Southwark Playhouse
A mixture of DT’s own events was held as a means for community cohesion, socialising, support and fitness. Draper also held a CHARITY DRIVE/TABLE TOP SALE which was driven by community and residential contribution. This resulted in the acquisition of many quality items which was sold and the funds went into the up keep of the Draper gardening area. DT’s CLIMATE AWARENESS PROJECT was completed with the children within Southwark. Draper was able to secure the artistic skills of renown and - ’ sort after So fly who drew the children s ideas and thoughts as a Muriel which now takes pride within our gardens. The event was highlighted in the South London Press.
Community Christmas Party/lighting of the community tree
Traditionally Draper together will always keep a Christmas party for the residents and the children on the estate. This tradition was continued but it was more of a low key affair due to the fears around Omicron. The charity was still able to give a small present to all the children in attendance for the children’s party. The adult party was held the following day as a means for the community to get together and enjoy the festivities.
During the lockdown forward planning ensured our digital presence evolved and we were able to ensure that our community was not left wanting we had the ability to host community meetings, talks, plays, concerts, and exhibitions at Draper Hall, which was open so people can attend live from their computers. We held online arts and crafts workshops for all ages, as well as being available for our residence in the - - event of one to one online advocacy sessions. We now look forward to resuming to face to face interventions.
ACHIEVEMENTS AND PERFORMANCE
Draper Together has managed to get back on track since the reopening of the hall. We have been able to reconnect with the local community and a digital survey was undertaken for us to ascertain the need of the local demographic within our residential community to establish the wishes and desires of our stakeholders and members the Draper Estate residents. We have continued with strengthening and cultivating successful relationships with local businesses and our proven track record in securing funding and delivering our projects has brought us to the attention of several local charities and trusts, as well as from Southwark Council.
We strongly believe in working closely and collaborating with other charities and organisations. The following organisations can attest to our commitment as we have opened our doors at charitable rates to allow them a place to deliver their project which is super feasible, affordable, central and fit for purpose. Draper Together has garnered long lasting and positive and productive relationships by way of the Hall. Organisations and charities such as Drugs Addict Anonymous, Breathe, University for the Arts London, the NHS, Mental fight club, On Purpose, Anjali dance company, bE empowerment, University College London to name a few who hired the hall for charitable causes and also contributed to our mission to be present in our community' by reaching out to build and serve a wider community.
FINANCIAL REVIEW
Page 5
DRAPER TOGETHER CIO Trustees Annual Report
Draper Together reserves policy is to maintain sufficient level of reserves to enable operating activities to continue, taking into consideration the potential risks and contingencies that may arise from time to time. The trustees reviewed the charity's needs for reserves in line with the guidance issued by the Charity Commission and have set and will be setting reserves at a level equivalent to three months running costs. The policy is reviewed annually.
STRUCTURE, GOVERNANCE AND MANAGEMENT
The charity is controlled by its governing document, a deed of trust, and is registered as a charitable - - incorporated organisation. The day to day management including the implementation of strategy approved by the Trustee Board in particular the operational side of the charity's operation, is delegated to the Director, who reports on organisational performance against strategic at each Board meeting. This enables Trustees to monitor and evaluate performance regularly.
Accountability
The Board of Trustees has overall responsibility for establishing an effective system of internal control, including the identification and management of risk. We manage and review our approach to risk through our assurance framework, which includes oversight by the Finance Committee.
Draper Together Management Team, who ensure the safeguarding, performance and quality of our operational services and projects, complements the Board's work. In practice, Draper Together will be recording risks in a risk register, before assessing them in terms of impact and likelihood, and recording any actions required to manage the risk.
We divide risks into two categories:
- Strategic risks
Type of risk: The ability to fund delivery of core projects.
Not achieving financial sustainability in the medium term.
Mitigating factors
Ensuring support of beneficiaries and comply with regulatory, legal and funding (donor) compliance requirements. DT will take into account the planning, monitoring and managing each project activity. DT medium to long term focus is on monitoring core costs, continually improving the quality of our service and developing our management skills to improve our effectiveness in delivering project activities.
The Trustees in conjunction with the Director manage DT finance to ensure it continues to make an impact in the medium to long term, maintaining adequacy of reserves and defective cash flow, and diversity of income sources
-
Operational risks
-
-
- Management of risk is embedded into our day to day business activities and we have well established processes and policies to handle this. Operational level risks are managed and reviewed quarterly by the Management Team. There are comprehensive internal policies and quality assurance systems in place at Draper Together. We are compliant in terms of regulation as well as aspiring to best practice. These - - policies are subject to a rolling programme of review to ensure they are up to date, and reflect service and practice development.
-
Statement of trustees' responsibilities in relation to the financial statements
The charity trustees are responsible for preparing a trustees' annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Page 6
DRAPER TOGETHER CIO Trustees Annual Report
The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
Signed on behalf of the charity's trustees
K.T. Muszasty Trustee 25 March 2022
Page 7
DRAPER TOGETHER CIO Independent Examiners Report
Independent Examiner's Report to the trustees of DRAPER TOGETHER CIO
I report to the trustees on my examination of the accounts of DRAPER TOGETHER CIO for the year ended 31 March 2021 which comprise the Statement of Financial Activities, the Balance Sheet, the Statement of Cash Flows and the related notes.
Responsibilities and basis of report
As the charity's trustees you are responsible for the preparation of the accounts in accordance with the ' ' requirements of the Charities Act 2011( the Act ). The trustees consider that an audit is not required for this year under the Charities Act 2011, s.144(2) (the 2011 Act) and that an independent examination is needed.
I report in respect of my examination of the charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in, any material respect:
-
the accounting records were not kept in respect of the charity as required by section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Orvil Plummer
FCCA
Borasana Limited
55 Jasmine Grove
London
SE20 8JY 25 March 2022
Page 8
DRAPER TOGETHER CIO Statement of Financial Activities
for the year ended 31 March 2021
| for the year ended 31 March 2021 | ||||
|---|---|---|---|---|
| Notes Income and endowments from: Donationsandlegacies 3 Charitableactivities 4 Other tradingactivities 5 Total Expenditure on: Raisingfunds 6 Charitableactivities 7 Other 8 Total Netgainsoninvestments Netincome 9 Transfersbetweenfunds Netincome before other gains/(losses) Othergainsandlosses Net movementinfunds Reconciliation of funds: Totalfundsbroughtforward Totalfundscarriedforward |
Unrestricte dfunds 2021 £ 1,776 0 4,457 |
Restricted funds 2021 £ - 86,394 - |
Totalfunds 2021 £ 1,776 86,394 4,457 |
Totalfunds 2020 £ 11,430 23,246 43,585 |
| 6,233 5,005 3,028 - |
86,394 - 42,759 - |
92,627 5,005 45,787 - |
78,261 26,360 27,165 3,187 |
|
| 8,033 - |
42,759 - |
50,792 - |
56,712 - |
|
| (1,800) - |
43,635 - |
41,835 - |
21,549 - |
|
| (1,800) | 43,635 | 41,835 | 21,549 | |
| (1,800) (10,869) |
43,635 12,483 |
41,835 1,614 |
21,549 (16,630) |
|
| (12,669) | 56,118 | 43,449 | 4,919 |
Page 9
DRAPER TOGETHER CIO Balance Sheet
at 31 March 2021
| at 31 March 2021 | ||
|---|---|---|
| Charity No.1173496 Current assets Debtors 11 Cashat bankandin hand Creditors: Amountfallingdue within one year 12 Netcurrent assets Totalassets lesscurrentliabilities Net assetsexcludingpension asset orliability Totalnet assets Thefundsofthecharity Restrictedfunds 13 Restrictedincomefunds Unrestrictedfunds 13 Generalfunds Reserves 13 Totalfunds |
2021 £ 3,002 49,427 52,429 (8,980) 43,449 43,449 43,449 43,449 56,118 56,118 (12,669) (12,669) 43,449 |
2020 £ 18,431 7,592 |
| 26,023 (24,409) |
||
| 1,614 1,614 |
||
| 1,614 | ||
| 1,614 | ||
| 12,483 | ||
| 12,483 (10,869) |
||
| (10,869) | ||
| 1,614 |
Approved by the trustees on 25 March 2022
And signed on their behalf by:
----- Start of picture text -----
K.T. Muszasty
Trustee
25 March 2022
----- End of picture text -----
Page 10
DRAPER TOGETHER CIO Statement of Cash flows
for the year ended 31 March 2021
| Cashflowsfrom operatingactivities Netincome perStatement ofFinancialActivities Adjustmentsfor: Othergains/losses Decrease/(Increase)in tradeand other receivables (Decrease)/Increasein tradeand other payables Netcash provided by operatingactivities Netcashfrominvestingactivities Netcashfromfinancingactivities Netincreaseincash andcash equivalents Cash andcash equivalentsat the beginningofthe year Cash andcash equivalentsat the end ofthe year |
2021 £ 41,835 - 15,429 (15,429) 41,835 - - 41,835 7,592 49,427 |
2020 £ 18,244 - (18,431) 24,409 |
|---|---|---|
| 24,222 | ||
| - | ||
| - | ||
| 24,222 | ||
| - | ||
| 24,222 | ||
| Componentsofcash andcash equivalents | ||
| Cashand bankbalances | 49,427 | 7,592 |
| 49,427 | 7,592 |
Page 11
DRAPER TOGETHER CIO Notes to the Accounts
for the year ended 31 March 2021
- 1 Accounting policies
Basis of preparation
The financial statements have been prepared in accordance with Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic if Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
Change in basis of accounting or to previous accounts
There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.
Fund accounting
Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity.
Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values. Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal.
Income
Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability.
Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA. Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income. Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material. Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year.
assets
Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets
Page 12
DRAPER TOGETHER CIO Notes to the Accounts
Expenditure
Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which expenditure cannot be fully recovered, and is reported as part of the expenditure to which it relates.
Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs.
Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid.
Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs.
Other expenditure These are support costs not allocated to a particular activity.
Taxation
The charity is exempt from tax on its charitable activities.
Trade and other debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other - short term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.
Trade and other creditors
Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
Receipt of donated goods, facilities and services
All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.
Page 13
DRAPER TOGETHER CIO Notes to the Accounts
2 Statement of Financial Activities - prior year
| 2 Statement ofFinancialActivities-prior year |
||||
|---|---|---|---|---|
| Income and endowmentsfrom: Donationsandlegacies Charitableactivities Other tradingactivities Total Expenditure on: Raisingfunds Charitableactivities Other Total Netincome Transfersbetweenfunds Netincome before other gains/(losses) Othergainsandlosses: Net movementinfunds Reconciliation of funds: Totalfundsbroughtforward Totalfundscarriedforward 3 Incomefrom donationsandlegacies Donations 4 Incomefromcharitable activities Arts,cultureand heritage Othercharitableactivities |
Unrestricted £ 0 - 0 |
Unrestricted funds 2020 £ 11,430 2,014 43,585 57,029 26,360 9,167 3,187 38,714 18,315 (133) 18,182 18,182 (29,051) (10,869) Unrestricted £ 1,776 1,776 Restricted £ 86,394 - 86,394 |
Restricted funds 2020 £ - 21,232 - 21,232 - 21,303 - 21,303 (71) 133 62 62 12,421 12,483 Total 2021 £ 1,776 1,776 Total 2021 £ 86,394 - 86,394 |
Totalfunds 2020 £ 11,430 23,246 43,585 |
| 78,261 26,360 30,470 3,187 |
||||
| 60,017 | ||||
| 18,244 - |
||||
| 18,244 | ||||
| 18,244 (16,630) |
||||
| 1,614 | ||||
| Total 2020 £ 11,430 |
||||
| 11,430 | ||||
| Total 2020 £ 8,600 14,646 |
||||
| 23,246 |
Page 14
DRAPER TOGETHER CIO Notes to the Accounts
5 Income from other trading activities
| 5 Incomefrom other tradingactivities |
||||
|---|---|---|---|---|
| HallHire 6 Expenditure on raising funds Fundraising tradingcosts HallHire 7 Expenditure oncharitable activities Expenditureoncharitable activities Arts,cultureand heritage Othercharitableactivities Governancecosts Directorsfees Accountancyfees SupportCosts 8 Other expenditure 9 Netincome before transfers Thisis statedaftercharging: IndependentExaminer's fee 10 Staffcosts No employee received emolumentsin excess |
Unrestricted £ - - - 1,352 1,500 176 3,028 of£60,000. |
Unrestricted £ 4,457 4,457 Unrestricted £ 5,005 5,005 Restricted £ 42,759 - - - - - 42,759 2021 £ 1,500 |
Total 2021 £ 4,457 4,457 Total 2021 £ 5,005 5,005 Total 2021 £ 42,759 - - 1,352 1,500 176 45,787 Total 2021 £ - - |
Total 2020 £ 43,585 |
| 43,585 | ||||
| Total 2020 £ 26,360 |
||||
| 26,360 | ||||
| Total 2020 £ 1,577 17,669 3,508 4,411 - - |
||||
| 27,165 | ||||
| Total 2020 £ 3,187 |
||||
| 3,187 | ||||
| 2020 £ 1,500 |
Page 15
DRAPER TOGETHER CIO Notes to the Accounts
11 Debtors
| 11 Debtors | ||||
|---|---|---|---|---|
| Other debtors Prepaymentsandaccruedincome 12 Creditors: amountsfallingdue within one year Othercreditors Accrualsand deferredincome |
2021 £ - 3,002 3,002 2021 £ 7,480 1,500 8,980 |
2020 £ 18,431 - |
||
| 18,431 | ||||
| 2020 £ 24,409 - |
||||
| 24,409 | ||||
| 13 Movementinfunds Restrictedfunds: Restrictedincomefunds: Arts council LondonCommunity Delancey-educationand training Delancey-healthand wellbeing Environmentand conservation SportingDraper 60+ SportingDraper Total Unrestrictedfunds: Generalfunds RevaluationReserves: Totalfunds |
At 1 April 2020 - 4,794 650 3,305 712 1,483 1,539 12,483 (10,869) 1,614 |
Incoming resources (including other gains/losses ) £ 77,927 - 3,274 1,300 2,893 - 1,000 86,394 6,233 92,627 |
Resources expended £ (39,959) - - - (2,800) - - (42,759) (8,033) (50,792) |
At 31 March 2021 £ 37,968 4,794 3,924 4,605 805 1,483 2,539 |
| 56,118 | ||||
| (12,669) | ||||
| 43,449 |
Page 16
DRAPER TOGETHER CIO Notes to the Accounts
14 Analysis of net assets between funds
| 14 Analysisofnet assetsbetweenfunds | |||
|---|---|---|---|
| Netcurrentassets 15 Reconciliation ofnet debt Cashandcash equivalents Net debt |
Unrestricted funds £ 249 249 At 1 April 2020 £ |
Restricted funds £ 43,200 43,200 Cashflows £ |
Total £ 43,449 |
| 43,449 | |||
| At 31 March 2021 £ |
|||
| 7,592 | 41,835 | 49,427 | |
| 7,592 7,592 |
41,835 41,835 |
49,427 | |
| 49,427 | |||
Page 17
DRAPER TOGETHER CIO Detailed Statement of Financial Activities
for the year ended 31 March 2021
| for the year ended 31 March 2021 | ||||
|---|---|---|---|---|
| Income and endowmentsfrom: Donationsandlegacies Donations Charitableactivities Arts,cultureand heritage Othercharitableactivities Other tradingactivities HallHire Total income and endowments Expenditure on: Costsofother tradingactivities HallHire Totalofexpenditure on raising funds Charitableactivities Arts,cultureand heritage Othercharitableactivities Governancecosts Directorsfees Accountancyfees SupportCosts Totalofexpenditure oncharitable activities Other expenditure Totalofexpenditure ofothercosts Totalexpenditure Netgainsoninvestments Netincome |
Unrestricte dfunds 2021 £ 1,776 1,776 0 - 0 4,457 4,457 6,233 5,005 5,005 5,005 - - - - 1,352 1,500 176 3,028 3,028 - - - 8,033 - (1,800) |
Restricted funds 2021 £ - - 86,394 - 86,394 - - 86,394 - - - 42,759 - - 42,759 - - - - 42,759 - - - 42,759 - 43,635 |
Totalfunds 2021 £ 1,776 1,776 86,394 - 86,394 4,457 4,457 92,627 5,005 5,005 5,005 42,759 - - 42,759 1,352 1,500 176 3,028 45,787 - - - 50,792 - 41,835 |
Totalfunds 2020 £ 11,430 |
| 11,430 | ||||
| 8,600 14,646 |
||||
| 23,246 | ||||
| 43,585 | ||||
| 43,585 | ||||
| 78,261 26,360 |
||||
| 26,360 | ||||
| 26,360 1,577 17,669 3,508 |
||||
| 22,754 | ||||
| 4,411 - - |
||||
| 4,411 | ||||
| 27,165 3,187 |
||||
| 3,187 | ||||
| 3,187 | ||||
| 56,712 - |
||||
| 21,549 |
Page 18
DRAPER TOGETHER CIO
Detailed Statement of Financial Activities
| DRAPERTOGETHERCIO DetailedStatement ofFinancialActivities |
||||
|---|---|---|---|---|
| Netincome before other gains/(losses) Other Gains Net movementinfunds Reconciliation of funds: Totalfundsbroughtforward Totalfundscarriedforward |
(1,800) - (1,800) (10,869) (12,669) |
43,635 - 43,635 12,483 56,118 |
41,835 - 41,835 1,614 43,449 |
21,549 - |
| 21,549 | ||||
| (16,630) | ||||
| 4,919 |
Page 19