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2020-12-31-accounts

	Anna Lodge	Resigned	February 2021
	David Chapman	Resigned	February 2021
	Robert Hopkins
	Frances Northrop
	Pat Shepherd	Appointed	May 2021
	Carly Trisk-Grove	Appointed	May 2021
	lan Trisk-Grove	Appointed	May 2021
Auditors	PKF Francis Clark
	Sigma House
	Oak View Close
	Edginswell Park
	Torquay
	TQ2 7FF

				Notes	Unrestricted	Restricted	2020	2019
					funds	funds
Income and	endowments		from:
Donations and grants					20,011	36,076	56,087	16,448
Other trading	activities				34,594		34,594	99,460
Other income					8,200		8,200
Total					62,805	36,076	98,881	115,908
Expenditure	on:
Raising funds					(49,006)	(36,076)	(85,082)	(116,143)
Total					(49,006)	(36,076)	(85.082)	(116,143)
Reconciliation offunds
Total funds brought		forward			1,493,562		1,493,562	1,493,797
Net income/expenditure					13,799		13,799	(235)
Total funds carried forward					1,507,361		1,507,361	1,493,562

				The King Edward	The King Edward	The King Edward	Vl College	Site Foundation
					Year	Ended 31 December 2020
					Statement		of Financial	Position
						Notes			2020	2019
Fixed assets
Tangible assets									1,500,000	1,500,000
									1,500,000	1,500,000
Current assets
Debtors									19,510	8,793
Cash at bank	and	in hand							15,053	16,644
									34,563	25,437
Creditors: amount		falling	due	within one	year		7		(27,202)	(31,875)
Net current assets									7,361	(6,438)
Total assets less		current	liabilities						1,507,361	1,493,562
Net assets									1,507,361	1,493,562
The funds ofthe		charitable		company
Unrestricted	income funds								1,507,361	1,493,562
Total Funds									1,507,361	1,493,562

2.	Income from do	nations and grants
			2020	2019
	Restricted funds
	Grants received		36,076	16,323
	Unrestricted funds
	Donations			125
	Grants received	(Covid)	20,000
			56,087	16,448
3.	Income earned	from other activities
			2020	2019
	Unrestricted funds
	Mansion Room	Rental and Hire	34,594	99,460
	Recharge ofexpenditure		8,200

					Unrestricted	Restricted	2020	2019
					funds	funds
Mansion	Room	Rental	and	Hire	49,006	36,076	85,082	116,143

5.	Tangible fixed asse	ts
					Land and
					buildings
	Cost ofvaluation
	At 1 January 2020				1,500,000
	At 31 December 2020				1,500,000
	Net book values
	At 1 January 2020				1,500,000
	At 31 December 2020				1,500,000
6.	Debtors
				2020	2019
	Amounts due within		on year:
	Trade debtors			7,046	3,851
	Due from parent undertaking			676	1,688
	Prepayments and	accrued income		11,788	3,254
				19,510	8,793
7.	Creditors: amounts	falling due within one year
				2020	2019
	Trade creditors			2,566	14,218
	Other creditors				77
	Accruais and deferred		income	24,636	17,580
				27,202	31,875

he total offuture minimum lease payments receivable is as follows:
	2020	2019
Not later than one year	22,000	40,000
Later than one year and not later than five years		22,000
	22,000	62,000

		Balance	Incoming	Outgoing	Balance
		at	resources	resources	at
		01/01/20			31/12/20
General	fund	1,493,562	62,805	(49,006)	1,507,361
Previous	year
		Balance	Incoming	Outgoing	Balance
		at	resources	resources	at
		01/01/19			31/12/19
General	fund	1,493,797	99,585	(99,820)	1,493,562

						Balance	Incoming	Outgoing	Balance
						at	resources	resources	at
						01/01/20			31/12/20
Architectural		Heritage	Fund				36,076	(36,076)
Previous year
						Balance	Incoming	Outgoing	Balance
						at	resources	resources	at
						01/01/19			31/12/19
Architectural		Heritage	Fund				16,323	(16,323)
Purpose of	restricted		funds
Architectural	Heritage		Fund
Grant provided		to undertake		architectural	assessments	ofThe Mansion

Analysis of ne	t assets between funds
		Tangible	Net current	Net Assets
		fixed	assets
		assets	/liabilities
Unrestricted	funds
General		1,500,000	7,361	1,507,361
Previous year
		Tangible	Net current	Net Assets
		fixed	assets
		assets	/liabilities
Unrestricted	funds
General		1,500,000	(6,438)	1,493,562

			Year Ended 31	December 2020
			Detailed Statement	of Financial Activities
					2020	2019
INCOME
Donations						125
Grants receivable					56,076	16,323
Other trading	income - Mansion		Room Rental and Hire		34,594	99,460
Other income					8,200
Total incoming		resources			98,881	115,908
Expenditure
Mansion Room Rental and Hire					(85,082)	(116,143)
Net Income					13,799	(235)

Expenditure						2020	2019
Accountancy	fees					1,980	2,953
Advertising	and	marketing
Audit fee						3,705	3,900
Bad debts						307	2,057
Building servicing			and preventative		maintenance	16,763	18,765
Caretaker/Facilities				Management			21,143
Cleaning						583
Consulting						34,473	15,173
Electricity						5,132	10,559
Gas						876	3,512
General expenses						270	70
Insurance						9,515	11,311
Computer costs						1,691	2,276
Rates						1,141	4,841
Security systems						1,381	6,463
Staff training						504
Telephone						621	508
Waste disposal		and		recycling		2,150	5,812
Water						3,990	6,800
Total expenditure						85,082	116,143