## **Trustees’ Annual Report for the period** **From 1[st] December 2019 To 30[th] November 2020** **Charity name: Waterside Community Trust** ## **Charity registration number: 1174631** ## **Objectives and Activities** |||| |---|---|---| ||SORP reference|| |||| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|
**To promote for the benefit of the inhabitants**
**of Ryde, Isle of Wight and the surrounding**
**area the provision of facilities for recreation**
**or other leisure time occupation of**
**individuals who have need of such facilities**
**by reason of their youth, age, infirmity or**
**disablement, financial hardship or social**
**and economic circumstance or for the public**
**at large in the interests of social welfare and**
**with the object of improving the condition of**
**life of said inhabitants.**| |Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or services
identified in the accounts.|Para 1.17 and 1.19|
**Swimming lessons for school students,**
**individuals, groups and adult learners.**

**Casual and lane swimming,**

**Water aerobic classes/keep fit etc**

**Provision of leisure activity such a children’s**
**parties.**

**Provision of water safety education through**
**lifeguards, rookies and swimming teacher**
**programmes.**

**Provision of a free to use Water Splash Park**
**for mothers and toddlers (seasonal)**

**Provision of seasonal beach lifeguard**
**patrols (separate contract with Ryde Town**
**Council)**

**Provision as a talent feeder into Ryde**
**Swimming Club, streamlining talented**
**swimmers to go on to club level to compete**
**as an elite swimmer.**| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public benefit|Para 1.18|
**The Trustees of Waterside Community Trust**
**are fully compliant with the rules governing**
**charitable bodies.**

**Trustees obtain no financial gain either**
**monetary or in kind from serving as**
**Trustees.**| ## **Additional information (optional)** You may choose to include further statements where relevant about: |||| |---|---|---| ||SORP reference|| |||| |Policy on grant making|Para 1.38|**n/a**| |Policy on social investment
including program related
investment|Para 1.38|
**It is policy that we offer a Community Swim**
**session each week. This session is**
**subsidised and targeted at low**
**waged/unwaged**| |Contribution made by
volunteers|Para 1.38|
**The Trustees give their time on a voluntary**
**basis and encourage others within the**
**community to also volunteer.**

**A Trustee, together with the general**
**manager is responsible for co-ordinating the**
**action of volunteers**| |Other||| ## **Achievements and Performance** SORP reference |Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.||| |---|---|---| ||Para 1.20|
**Waterside Community Trust operates a 25m**
**public swimming pool in a coastal seaside**
**town. Ryde on Isle of Wight is a mixed**
**community but the pool is located in one of**
**the most deprived wards in Isle of Wight**
**and UK.**

**Increasing obesity, the pandemic, and a rise**
**in diabetes presents a number of health,**
**mental and social wellbeing issues and**
**Waterside Pool offers a lifestyle choice, a**
**place to socialise, including a low price**
**‘community swim’ session.**

**On average in a normal year, the pool staff**
**teach 1000 children per week, provide class**
**lessons for 17 schools across the year, run**
**summer season beach lifeguarding and in a**
**separate town run ‘Swim Safe’ under the**
**auspices of the RNLI.**

**The facility breaks even financially which is**
**unusual for a stand alone commercial pool.**| **Additional information (optional)** You may choose to include further statements where relevant about: |||| |---|---|---| |Achievements against
objectives set|Para 1.41|| |Performance of fundraising
activities against objectives
set|Para 1.41|
**As stated the facility is currently**
**economically at an acceptable level despite**
**the pandemic - unusual for a public**
**swimming pool without the support of dry**
**side amenities.**

**Fundraising across the year has seen the**
**purchase of a new retractable pool cover in**
**2020. This has saved energy.**

**Successful grant applications saw the**
**purchase of a RIB (rigid inflatable boat) to**
**support beach lifeguarding in summer 2020.**

**Successful grant applications will also see**
**the purchase of an ATV (all terrain vehicle)**
**in 2021 to support Ryde Beach Lifeguards**
**and automatic mechanized front doors for**
**the main centre in 2021.**

**Successful grant applications will see**
**financial assistance to the Charity during the**
**pandemic from Ryde Town Council and the**
**Isle of Wight County Council and other**
**organisations in 2021.**| |||| |---|---|---| |Investment performance
against objectives|Para 1.41|| |Other||| ## **Financial Review** |**inancial Review**||| |---|---|---| |||| |Review of the charity’s
financial position at the end of
the period|Para 1.21|**The charity sustained a deficit of £9346 in the year to**
**30/11/20. It has received underpinning financial**
**support from Ryde Town Council to sustain it during**
**the pandemic.**| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|**A minimum of £40,000 is held as a reserve against**
**major mechanical failure and, together with loss of**
**business insurance, is designed to cover three**
**months of wages and major repair as required**| |Amount of reserves held|Para 1.22|**Current free reserves are £141k.**| |Reasons for holding zero
reserves|Para 1.22|**n/a**| |Details of fund materially in
deficit|Para 1.24|**n/a**| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|**This charity is currently financially sound**| ## **Additional information (optional)** You may choose to include further statements where relevant about: |||| |---|---|---| |The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|
**Customer Income**

**In addition to the annual support grant of**
**£20k the charity also received £10k in**
**November from Ryde Town Council**

**Isle of Wight County Council also awarded**
**the charity £20k during the current financial**
**year.**

**Furlough payroll support £68k**

**Other organisations up to Nov 20.**| |Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|**Social investment takes the form of:**

**A subsidised Community Swim.**

**Work with a local Blind and partially sighted**
**group.**

**School and individual swimming lessons**

**Aquafit for elderly client base**

**A ‘sensory swim’ class for a disabled group**

**There are plans to seek ways to work with**
**local charity Aspire Ryde – we have applied**
**for a joint grant with Aspire called Thriving**
**Communities in order to get a combined**
**project off the ground.**

**Our social investment policy is clarified in**
**our Constitution**| |A description of the principal
risks facing the charity|Para 1.46|
**Catastrophic mechanical or structural failure**

**Flooding**

**Covid-19 pandemic – lack of operation and**
**reduced revenue**

**We maintain a Risk Register that highlights**
**both major and minor risk to business**

**Introduction of additional parking charges in**
**the adjacent area - This last has been**
**overcome.**| |Other||**n/a**| ## **Structure, Governance and Management** |||| |---|---|---| |Description of charity’s trusts:||**n/a**| |Type of governing document
(trust deed, royal charter)|Para 1.25|**Trust Deed**| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|**CIO**| - Trustee selection methods Para 1.25  **Trustees were and are selected on the basis** including details of any **of skillset offered.** constitutional provisions e.g.  **During 2020 two Trustees were appointed.** election to post or name of **No Trustee is related in any way to** any person or body entitled to **employees of the charity.** appoint one or more trustees **Additional information (optional)** You may choose to include further statements where relevant about: **----- Start of picture text -----**
 When a skill set is required the Trustees
have advertised in an attempt to fill the role.
 During 2020 there was an unsuccessful
Policies and procedures Para 1.51 attempt to recruit a fundraiser.
adopted for the induction and
training of trustees
 Currently the charity has a board of nine
Trustees together with a representative of
The charity’s organisational Ryde Town Council (which organisation we
Para 1.51 partner because we serve that locality).
structure and any wider
 This group meets regularly and provides a
network with which the
strategic steer to our salaried General
charity works Manager and Deputy manager with whom
operational control rests.
 Day to day operations are led by a team of
duty managers.
 The charity has a sound working
relationship with the local town council and
with officers of the county council.
 It is exploring ways in which it can work
with local charity Aspire Ryde.
n/a
Relationship with any related Para 1.51
parties
n/a
Other
**----- End of picture text -----**
## **Reference and Administrative details** ||| |---|---| |Charity name|Waterside Community Trust| |Other name the charity uses|Waterside Pool (the name of the local facility)| |Registered charity number|1174631| ||| |---|---| |Charity’s principal address|Waterside Community Trust
Waterside Pool
Esplanade
Ryde
PO33 1JA| ||**watersidepool.co.uk**| **Names of the charity trustees who manage the charity** |||||| |---|---|---|---|---| ||**Trustee name**|**Office (if any)**|**Dates acted if not for**
**whole year**|**Name of person (or body)**
**entitled to appoint trustee**
**(if any)**| |1|Keith Gentleman||From 15th August
2017|| |2|Peter Taylor|Treasurer|From 15th August
2017|| |3|Ian Jenkins||From 15th August
2017|| |4|Malcolm
Marshall||From 24th February
2020|| |5|Conrad Gaunlett||From 15th August
2017|| |6|Dr. Avril Martin||From 24th February|| |7|Andre Kurowski|Secretary|From 15th August
2017|| |8|Mark Haslam||From 15th August
2017|| |9|Georgina
Bottriell|Chairman|From 8th April 2019|| |10||||| |11||||| |12||||| |13||||| |14||||| |15||||| |16||||| |17||||| |18||||| |19||||| |20||||| – Corporate trustees names of the directors at the date the report was approved **Director name** Name of trustees holding title to property belonging to the charity **Trustee name Dates acted if not for whole year** ## **Funds held as custodian trustees on behalf of others** Description of the assets held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets ## **Additional information (optional)** **Names and addresses of advisers (Optional information)** **Type of Name Address adviser** **Name of chief executive or names of senior staff members (Optional information)** ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details ## **Other optional information** ## **Declarations** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** **----- Start of picture text -----**
Signature(s)
Full name(s) [Georgina Bottriell] Peter Taylor
Position (eg Chairman Treasurer
Secretary, Chair, etc)
Date 15th February 2021 15 [th] February 2021
**----- End of picture text -----**
||Period start date
**01/12/2019**
**To**
**30/11/2020**
**Waterside Community Trust**
Annual accounts for the period|Period start date
**01/12/2019**
**To**
**30/11/2020**
**Waterside Community Trust**
Annual accounts for the period|Period start date
**01/12/2019**
**To**
**30/11/2020**
**Waterside Community Trust**
Annual accounts for the period| |---|---|---|---| |**Section A**|**Statement of financial activities**||| |**Recommended categories by**
**activity**
**Incoming resources (Note 3)**
**Income and endowments from:**
Donations and legacies
Charitable activities
Other trading activities
Investments
Separate material item of income
Other
**Resources expended (Note 5)**
**Expenditure on:**
Raising funds
Charitable activities
Separate material item of expense
Other
Net gains/(losses) on investments
**Extraordinary items (Note 6)**
Other gains/(losses)
Transfer between funds
**_Reconciliation of funds:_**
**_Total_**
**_Net movement in funds_**
Total funds brought forward
**_Total funds carried forward_**
**_Total_**
**Net income/(expenditure) before investment**
**gains/(losses)**
**Net income/(expenditure)**
**Transfer to Replacement Reserve**
Gains and losses on revaluation of fixed assets for the charity’s own use||**Unrestricted**
**funds**
**Restricted**
**income funds**
**£**
**£**
F01
F02|**Total funds**
**Prior year**
**funds**
**£**
**£**
F04
F05| |||127,357
7,452
191,281
-
7,454
-
13,381
-
-
-
-
-|134,809
62,576
191,281
390,649
7,454
24,812
13,381
20,289
-
-
-
-| |||339,473
7,452|346,925
498,326| |||4,207
-
362,075
-
-
-
-
-|4,207
7,384
362,075
459,204
-
-
-
349| |||366,282
-|366,282
466,937| ||||| |||26,809
-
7,452|19,357
-
31,389| |||-
-|-
-| |||26,809
-
7,452|19,357
-
31,389| |||-
-
-
-
-
-
-
17,463
17,463
-|-
-
-
-
-
-
-
-
-
-| |||9,346
-
10,011
-|19,357
-
31,389| |||150,857
17,463|168,320
136,931| |||141,511
7,452|148,963
168,320| CC17a (Excel) 29/07/2021 1 ## **Section B Balance sheet** |**Fixed assets**
**Tangible assets (Note 9)**
**_Total fixed assets_**
**Current assets**
**Stocks (Note 10)**
**Debtors (Note 11)**
**Cash at bank and in hand (Note 12)**
**_Total current assets_**
**Creditors: amounts falling due within**
**one year (Note 13)**
**_Net current assets/(liabilities)_**
**_Total assets less current liabilities_**
**_Total net assets or liabilities_**
**Funds of the Charity**
**Unrestricted funds**
**Restricted Income Funds**
**Replacement Reserve**
**_Total funds_**
Signed by one or two trustees on behalf of all
the trustees|**Unrestricted**
**funds**
**Restricted**
**Funds**
**Total this**
**year**
**Total last**
**year**
**£**
**01/12/2020**
**£**
**30/11/2019**
F01
F03
F04
F05| |---|---| ||42,899
- 42,899 39,953| ||42,899
- 42,899
39,953| ||| ||6,628
- 6,628
6,527
8,744 - 8,744
12,671
148,000
7,452
155,452
197,677| ||163,372
7,452
170,824
216,875| ||
64,760 - 64,760
88,508| ||98,612
7,452
106,064
128,367| ||| ||141,511
7,452
148,963
168,320| ||| ||141,511 7,452 148,963 168,320| ||101,511 - 101,511
110,857
- 7,452 7,452
17,463
40,000 - 40,000
40,000| ||141,511
7,452
148,963
168,320| ||Date of
approval
dd/mm/yyyy
15/02/2021
15/02/2021
Mrs G. Bottriell
P C Taylor JP FCA
Print Name| CC17a (Excel) 29/07/2021 2 **Section C Notes to the accounts** ## Note 1 **Basis of preparation** ## _**This section should be completed by all charities** ._ ## **1.1 Basis of accounting** These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. - The accounts have been prepared in accordance with: - the Statement of Recommended Practice: Accounting and Reporting by Charities - a) preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 - the Financial Reporting Standard applicable in the United Kingdom and Republic of - b) Ireland (FRS 102) and with the Charities Act 2011 The charity constitutes a public benefit entity as defined by FRS 102.* CC17a (Excel) 29/07/2021 3 ## **Section C Notes to the accounts (cont)** |**Section C**|**Notes to the accounts**|**(cont)**| |---|---|---| |**Note 2**|**Accounting policies**|**30/11/2020**| |**INCOME**||| |**Recognition of income**|These are included in the Statement of Financial Activities (SoFA) when:|| || the charity becomes entitled to the resources;|| ||· it is more likely than not that the trustees will receive the resources; and|| || the monetary value can be measured with sufficient reliability.|| ||There has been no offsetting of assets and liabilities, or income and expenses, unless required or|| |**Offsetting**|permitted by the FRS 102 SORP or FRS 102.|| ||Grants and donations are only included in the SoFA when the general income|| |**Grants and donations**|recognition criteria are met (5.10 to 5.12 FRS102 SORP).|| |**Government grants**|The charity has received government grants in the reporting period|| ||Gift Aid receivable is included in income when there is a valid declaration from the|| |**Tax reclaims on**|donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift|| |**donations and gifts**|and is treated as an addition to the same fund as the initial donation unless the donor or|| ||the terms of the appeal have specified otherwise.|| |**Contractual income and**|This is only included in the SoFA once the charity has provided the related goods or|| |**performance related**|services or met the performance related conditions.|| |**grants**||| |**Donated goods**|Donated goods are measured at fair value (the amount for which the asset could be
exchanged) unless impractical to do so.|| ||Gifts in kind for use by the charity are included in the SoFA as income from donations|| ||when receivable.|| |**Donated services and**|Donated services and facilities are included in the SOFA when received at the value of|| |**facilities**|the gift to the charity provided the value of the gift can be measured reliably.|| ||Donated services and facilities that are consumed immediately are recognised as|| ||income with an equivalent amount recognised as an expense under the appropriate|| ||heading in the SOFA.|| |**Support costs**|The charity has incurred expenditure on support costs.|| |**Volunteer help**|The value of any voluntary help received is not included in the accounts but is described
in the trustees’ annual report.|| |**Income from interest,**|This is included in the accounts when receipt is probable and the amount receivable can|| |**royalties and dividends**|be measured reliably.|| |**Income from membership**|Membership subscriptions received in the nature of a gift are recognised in Donations|| |**subscriptions**|and Legacies.|| ||Membership subscriptions which gives a member the right to buy services or other|| CC17a (Excel) 29/07/2021 4 p p g g y benefits are recognised as income earned from the provision of goods and services as income from charitable activities. Insurance claims are only included in the SoFA when the general income recognition **Settlement of insurance** criteria are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other **claims** income in the SoFA. ## **2.2 EXPENDITURE AND LIABILITIES** **Liability recognition** Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty. Support costs have been allocated between governance costs and other support. **Governance and support** Governance costs comprise all costs involving public accountability of the charity and its **costs** compliance with regulation and good practice. Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, eg allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage. **Redundancy cost** The charity made no redundancy payments during the reporting period. **Deferred income** No material item of deferred income has been included in the accounts. The charity has creditors which are measured at settlement amounts less any trade discounts **Creditors** discounts A liability is measured on recognition at its historical cost and then subsequently **Provisions for liabilities** measured at the best estimate of the amount required to settle the obligation at the reporting date The charity accounts for basic financial instruments on initial recognition as per **Basic financial** paragraph 10.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17 **instruments** to 11.19, FRS102 SORP. CC17a (Excel) 29/07/2021 5 ## **Section C Notes to the accounts (cont)** ## **Note 3 Analysis of income** **----- Start of picture text -----**
Unrestricted Restricted
funds Funds Total funds Last Year
Analysis £ £
Donations Donations and gifts 7,946 7,452 15,398 31,120
and legacies: Gift Aid 837 - 837 300
Legacies - - - -
General grants provided by government/other
charities 116,126 - 116,126 21,500
Membership subscriptions and sponsorships
which are in substance donations
1,269 - 1,269 5,399
Donated goods, facilities and services - - - -
Other 1,179 - 1,179 4,257
Total 127,357 7,452 134,809 62,576
Charitable Membership swimming 44,560 - 44,560 85,304
activities: Individual Swimming 34,618 - 34,618 75,873
Swimming Lessons 67,659 - 67,659 142,626
Pool Hire 19,730 - 19,730 48,124
Lifeguarding, Splash Park and Courses 24,714 - 24,714 38,722
Total 191,281 - 191,281 390,649
Other trading Pedaloes - - - 8,740
activities: Food and shop sales 7,454 - 7,454 15,771
- - -
Other - - - 301
Total 7,454 - 7,454 24,812
Income from Interest income 364 - 364 610
investments: Dividend income - - - -
Rental income 13,017 - 13,017 16,936
Other - - - 2,743
Total 13,381 - 13,381 20,289
Other: Restricted funds applied used for intended
capital expenditure
Gain on disposal of a tangible fixed asset
held for charity's own use
Gain on disposal of a programme related
investment
Royalties from the exploitation of intellectual
property rights
Reallocation of unused donated restricted
funds -
Total - - - -
TOTAL INCOME 339,473 7,452 346,925 498,326
Note 4 Analysis of receipts of government grants
This year Last Year
Description £ £
Ryde Town
Council Support Grants 28500 20000
IWCC Retail, rate support and ex-gratia 19871
JRS COVID-19 job rentention scheme grants 67755
Other Other Grants 0 1500
Total 116,126 21,500
**----- End of picture text -----**
The charity also provides Beach Lifeguarding for Ryde Beach and receives a payment of £28,500 (included within charitable activies above) towards these costs. It also maintains and runs the Splash Park for younger children mainly funded by Ryde Town Council. The charity also received grants of £67,755 from the government as part of the job retention scheme and £19,871 from the Isle of Wight council to provide funding support during the COVID-19 pandemic. CC17a (Excel) 29/07/2021 6 **Section C Notes to the accounts** ## **Note 5 Analysis of expenditure** |**Note 5 Analysis of expenditure**|**Analysis of expenditure**|| |---|---|---| |Fundraising agents
Advertising, marketing, direct mail and
publicity
Rent collection, property repairs and
maintenance charges
Staging fundraising events
**Analysis**
Intellectual property licencing costs
**Expenditure on**
**raising funds:**
Incurred seeking donations
Securing potential finance
**Total expenditure on raising funds**
**Total**
Administrative expenses
**Expenditure on**
**charitable**
**activities**
Direct cost of operation
**TOTAL EXPENDITURE**
**Total other expenditure**
Bank errors
**Total expenditure on charitable**
**activities**
**Other**
**Separate material**
**item of expense**|Fundraising agents
Advertising, marketing, direct mail and
publicity
Rent collection, property repairs and
maintenance charges
Staging fundraising events
**Analysis**
Intellectual property licencing costs
Incurred seeking donations|**Unrestricted**
**funds**
**Endowment**
**funds**
**Total funds**
**Last Year**
**£**
**£**
-
-
- -
-
-
466
- -
1,881
- 1,881
6,029
2,326
- 2,326
889
- - - -
- - - -
4,207
- 4,207 7,384
301,259
- 301,259
409,758
60,816
- 60,816
49,446
-
-
- -
-
-
- -
362,075
- 362,075
459,204
-
-
- -
-
-
- -
-
-
- -
-
-
- -
-
-
- -
-
-
-
349
-
-
- 349
366,282
- 366,282
466,937| ||Securing potential finance|| ## **Other information:** ## **Analysis of direct expenditure on charitable activities** |**Activity or**
**programme**|**Activities undertaken directly**|**Activities undertaken directly**||**Support**
**Costs**|**Support**
**Costs**|**Total this**
**year**|**Last Year**| |---|---|---|---|---|---|---|---| |||**£**||**£**||**£**|**£**| |Swimming|||293,875||-|293,875|398,220| |Food & Shop|||7,384||-|7,384|11,538| |**Total**||||-||301,259|409,758| CC17a (Excel) 29/07/2021 7 |**Section C Notes to the accounts**|**to**
**30/11/2020**
**This year**
**Last Year**
**£**
**£**
-
-
**This year**
**Last Year**
**£**
**£**
| |---|---| |**01/12/2019**
**Extraordinary item 1**
**Independent**
**Furlough wages**
Management
Charitable Activities
Administration
**Total**
**Note 7 Details of certain items of expenditure**
**Note 6 Extraordinary items**
**Description**
**Note 8 Paid employees**
**8.1 Staff Costs**
**Fees for examination of the accounts**
**8.2 Average head count in the year**
**The parts of the charity in which the**
**employees work**
**Salaries and wages**
**Social security costs**
**Pension costs (defined contribution scheme)**
**Other employee benefits - training and uniform**
**Total staff costs**|| ||**600**
**600**| ||**This year**
**Last Year**
**£**
**£**
140,370 214,755
4,584 7,685
3,248 2,979
3,577 7,386
67,755 -| ||219,534 232,805| ||| ||**This year**
**Last Year**
**Number**
**£**
2
2
30
29
1
1| ||33 32| CC17a (Excel) 29/07/2021 8 ## **Section C Notes to the accounts** ## **Note 9 Tangible fixed assets** ## **Cost or valuation** ||**Leasehold**
**land &**
**buildings**
**£**|**Plant and**
**machinery**
**£**|**Total**
**£**|| |---|---|---|---|---| |At the beginning of|24,032|45,066|69,098|| |the year||||| |Additions|1,150|17,666|18,816|| |Revaluations|-|-|-|| |Disposals|-|-|-|| |Transfers *|-|-|-|| |At end of the year|25,182|62,732|87,914|| |**Depreciation and impairments**||||| |****Basis**|SL|SL|SL|Straight Line
("SL") or
Reducing
Balance
("RB")| |**** Rate**|
3 - 10 yrs|3 - 10 yrs|3 - 10 yrs|| |||||| |At beginning of the|10,897|18,248|29,145|| |year||||| |Disposals|-|-|-|| |Depreciation|5,900|9,970|15,870|| |Impairment|-|-|-|| |Transfers*|-|-|-|| |At end of the year|16,797|28,218|45,015|| |**14.3 Net book value**||||| |Net book value at the|13,135|26,818|39,953|| |beginning of the year||||| |Net book value at the|8,385|34,514|42,899|| |end of the year||||| CC17a (Excel) 29/07/2021 9 ## **Section C Notes to the accounts (cont)** ## **Note 10 Stocks** |**Nt 10 Stk**|||| |---|---|---|---| |**oe ocs**|**30/11/2020**||**30/11/2019**| |||**For resale**|| |||**£**|| |**Charitable activities:**|||| |**_Opening_**||4,248|| |**_Reduced in period_**||954|| |**_Closing_**||**5,202**|| ||||| |**Other trading activities:**|||| |**_Opening_**||2,279|| |**_Added in period_**||- 853|| |**_Closing_**||**1,426**|| |**_Total_**||**6,628**|| |**_Please complete this note if the charity has any debtors_**
**_or prepayments._**
**Analysis of debtors**
**Trade debtors**
**Prepayments and accrued income**
**Total**
**Note 12 Cash at bank and in hand**
**Other**
**Note 11 Debtors and prepayments**
**Short term cash investments (less than 3 months maturity date)**
**Short term deposits**
**Cash at bank and on hand**
**Total**|**This year**
**£**
-
6,527
2,217|**Last Year**
**£**

-

8,210

4,461

12,671
**Last Year**
**£**

-

177,927

19,750

-| |---|---|---| ||**8,744**|| ||**This year**
**£**
-
152,712
2,740
-|| ||155,452|197,677| **Note 13 Creditors and accruals** _**Please complete this note if the charity has any creditors or accruals.**_ ## **Analysis of creditors** |**Analysis of creditors**|| |---|---| |
**Accruals for grants payable**
**Bank loans and overdrafts**
**Trade creditors**
**Payments received on account for contracts or**
**performance-related grants**
**Accruals and deferred income**
**Taxation and social security**
**Other creditors**
**Total**
**Contracted, not provided for:**
**Note 14 Capital commitments**|**Amounts**
**falling**
**due**
**within**
**one year**
**This year**
**Last Year**
**£**
**£**
6,667 16,603
-
-
8,569 23,526
-
-
36,651 44,046
2,712 2,744
10,161 1,589| ||64,760 88,508| ||**This year**
**Last Year**
**£**
**£**| ||**_- -_**| CC17a (Excel) 29/07/2021 10 ## **Section C Notes to the accounts (cont)** ## **Note 15 Charity funds** ## **27.1 Details of material funds held and movements during the CURRENT reporting period** ## _*** Key: PE - permanent endowment funds; EE - expendable endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds**_ **----- Start of picture text -----**
Fund Fund
balances balances
Type PE, EE
Purpose and Restrictions brought carried
R or UR *
forward Income Expenditure Transfers forward
Fund names £ £ £ £ £
Unrestricted Funds UR Accumulated Reserve 110,857 339,473 - 366,282 17,463 101,511
Reallocated unused restricted funds (see
Restricted Funds R note) 17,463 7,452 - 17,463 7,452
Replacement reserve UR To provide for significant plant replacement 40,000 - - 40,000
Total Funds 168,320 346,925 498,326 - 148,963
The restricted fund was used in the current financial year to purchase the RLB rescue craft; its intended purpose
Last Year
Fund Fund
balances balances
Type PE, EE
Purpose and Restrictions brought carried
R or UR *
forward Income Expenditure Transfers forward
Fund names £ £ £ £ £
Unrestricted Funds UR 96,931 480,863 - 466,937 110,857
Replacement reserve UR To provide for significant plant replacement 40,000 - - 40,000
Restricted Funds R - 17,463 - 17,463
Total Funds 136,931 498,326 - 466,937 - 168,320
**----- End of picture text -----**
CC17a (Excel) 29/07/2021 11 CHARITY COMMISSION FOR ENGL4ND AND WALES Independent examiner's report on the accounts Section A Independent Examinerfs Report Report to the trusteesl members of Waterside Communty Trust On accounts for the year ended 3011112020 Charity no (if any) 1174631 Set out on pages I report to the trustees on my examination of the accounts of the above charity (Yhe Trust-} for the year ended 3011112020. 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"). I report in respect of my examination of the Trust's accounts carried Olrt under section 145 of the 2011 Act and in carying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145{5llb) of the Act. Independent The charity's gross income exceeded £250,000 and l am qualified to examinerfs statement undertake the examination by being a qualified member of ICAEW. I have completed my examination. I confim that no material matters have come to my attention in connection with the examination (other than that disclosed below ") which gives me cause to believe that in, any material respect.. the accounting records were not kept in accordance with section 130 of the Charities Act., or the accounts did not accord with the accounting records-, or the accounts did not comply wilh the applicable requirements On￿rnIng the fomi and content of accounts sel out in the Charities (Accounts and Reports) Regulations 2008 otherthan any requirement that the accounts give a Irue 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. Signed: Date: 2021 Name: David Stevens ACA Relevant professional qualification{sl or body (If any): ICAEW IER Oct 2018 Address: Bright Brown Limited Chartered Accountants Newport Isle ofwght P030 5BZ Section B Disclosure Only complete if the examiner needs to highlight rnaterial matters of ¢onGern (see CC32, Independent examination of charity accounts= directions and guidan￿ for examiners). Glve here brlef details of any items that the examinerwishes to disclose. IER Oct 2018