Charlty Roglstratlon No. 1175294 Company Roglstratlon No. 10847748 {Engl4nd and Wales) FARNCOMBE DAY CENTRE LIMITED ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021
FARNCOMBE DAY CENTRE LIMITED LEGAL AND ADMINISTRATIVE INFORMATION Trusteès Ms G Loveluck Dr E W Hislop {Chairl M$ S Thompson MrT M Gammon Ms LAGroul Ms A Slorrier (Treasurer) MrMEDFry Ms L Philippson {Appolnled 5 August 20211 Charlty numbèr 1175294 Company number 1084T748 R8glstor•d offlcg and Princlpal addross Farncombe Day Centre Sl John's Street Farncombe Godalming Surrey GU7 3EJ Independent examinèr Frances Wilde FCCA DChA Warn9r Wllde Chartered Certified Accountants 4 Marigold Drive Bisley Surrey GU24 gSF Bankars co.operative Bank PLC - Manchester 1 Balloon Street Manchèster M60 4EP Lloyds Bank PLC- Godalmlng 49 High Slreel Godalming Surrey GU7 1AT
FARNCOMBE DAY CENTRE LIMITED CONTENTS Pag Trustees, report Independent examlnevs report Slatemgnt of financ4al acllvlllgs BBlance sheet Notes to the financlal Statèments 7-17
FARNCOMBE DAY CENTRE LIMITED TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2021 The trustees present their report and financlal statemenls for the year ended 31 March 2021. The financial sialamenis hav8 b88n pr8pared in accordance with the accounting polioes sel out in nole 1 10 the financial slalemenls and comply with the charitys gov8rning document. the Companies Act 2006 and 'Accounling and Reporting by Charities.. Statement of Recommended Practlce appllcabl¢ Iv charities preparing Ihelr accc>unis In accDrdance wllh Ihts Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102} leffeclive 1 January 20191" Objectives and activltles The Trustees operate a day and social centre for thos6 livlng in the Farncombe and Godalming area. The Centre Is open every weekday throughout the year. The servlce providèd Ss usèd prlmarily by those over the age of 50 bisl Is éncouraging more allendance by younger users. lis main objective of providing a nulrilious mid4ay meal at a reasonable price, adjusted annually in line with inflation, offering social activities and anlertainmenl, and provlding addillonal services, such as assisted balhlng, Chiropody, hairdresslng etc. Many users would be unable lo 811ond the Centre wilhoul transport. so the Charity operates a minibus. whlch, for subsidised price, provides individual door to door Iransport. The minibus is equipped with a tail lift io accommodat8 wheelchairs and those who cannol use stairs. The Centra also providas a Community Meals Service ICMSI. which delivars mèals within the area of Godalming, Farncombe and Milford. The Trustees have complied with their duly to hav8 duo r¢gard lo the guidance on public benefit publSshed by Ihg Ch8rtty Commission in exercising their poweTS or duli2s. Tho trustees have paid du8 regard to guidance Issued by the Charity CommSsslon In decldlng what activities the charity should undertake. Achlavemants and p¥rformance The nDrmal operation tsf the Centre was serlously impacted by the COVID pandemic durlng 2020-21. Durlng the year the Centre was unable lo open fijlly lo provlde lunches bul instead put In place a delivered meals servica, using the Cenlre's minibus and diivers plus support from a cora group of volunteers lo deliver the meals to users, homes. From 1st July 2020 the Centre took over the running of the local Commtjnity Meals Service from Waverley Borough Council. Thè servi¢ed was integralgd with our existing service in terms ol the Preparation of meals and ils administration bul was delivered by a separate sot of volunteers using their own cars. As well as the grants covered in the following seclK)n, the Centre continued to rec&ive support from local businesses and th8 wid8r eotnmunity, all of which were extremely helpful in allowing the Centre lo weathor th impact of the pandemic. The Day Centre staff are very dedical8d, and they are assisted by supportive and kind volunteers. It is truly a team efft)rt, for which the Trusle6s and ussrs ara vèry gratèful. Thè ¢osl of providing paid staff lo carry out these essential dulios would be considerable. Asong with many other charitable organisalions, we continu8 10 have some difficulty In recrultSng volunltsers. In addition lo pmviding linancial support lor the Day Centre through the partnarship, Waverf8y Borough Council has been most generous In providlng and malnlaining the Day Genlre premises. Flnanclal revlew The COVID pandemic has had a signlffcanl impact on Iho C6ntre's finances. Many Iradlilonal sources of self- generated income such as minibus fares, hire of the hall and receipts from hairdressing and chiropody either disappeared or suffered large reductions. Against this, the change from an in-hoLJse maals sèrvic6 to è delivered one and the addition ol the CMS meant th81 c8lerlng Incomé Increased over previous years. The net result was that income from charitable aclivitios was down by only £1,827 on thg previous year and generated 36Vo of the Centra's total annual income.
FARNCOMBE DAY CENTRE LIMITED TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 The Charity is supported by Wavarley Borough Council both by direct funding and the provision of promises. In ac¢ord8n¢e wlth 8 3-year Service Level Agreement ISLAI, direct grant fvnding from the Council was £54,000, accounting for 34% of the Charity's running costs. The Ttuslees appre¢iale that working together with Waverley Borough Counoil lft Ihe context ol this SLA enables the Day Centre lo continue lo provide ils S8rvices lo the lo¢al eommunily for the duration of the agreement. especially in view of Ihtr changes lo the nature of the service necessilaled by Ihe pandemic. Th9 Day C9nlrg ntInued to receive grant funding of £12,000 from Waverfey Borough Council. This grant funding contributes towards the employment care assistants, who normally provide vital support for the increasing nurnber of Day C&ntr8 users with higher needs. During the pandemic. this work was dlrecled towards m8lntsinlng the supply of meals to the community. The Charty benefitted from gonerous grant funding to s(Jpport the running of the Day Centre's minibus servic8 whSch, durlng thè pandemlc. provided the means of delivering meals directly lo users, homes. The amounts received in the year were £5,625 from the Hénry Smith Charity, and £S,OQCI from Godalming Town Council. Desplte of all of the abDve. the Charfty would hav8 made a substanllal loss durlng the year were 11 not for many COVID-relaled grants made by Wavtsrley Borough Council, Godalming Town Council. Community Foundation for Surr8y, Groundwork ITescol, Scottish & Southern Energy which included 8 £10,000 Ral@s Rebate from Waverley Borough Council lotalling £31,895. Expenditure al the Centre WBS £623 higher than the prior financial year. We incurred additional costs in operating the delivered meal service, higher catering 8xpenses due to highèr voluma of meals served as well as additional cost of personal protedve equ1pmenl {PPEI and Dn cleaning. This was offset by a reduction in payroll costs of £19,737 due to the Cenlfe having iwo vacancies al the Centre for a significant part t>f Iha financial year. The Charitys financial Becounls for 2020-21 show a surplus of £21,086 for the year. The Charity normally 8Sms to hold a genèral reserve of b&een 6 and 9 months Tunning costs In the beligf that this level provides a reasonable buffer against the sudden loss of one or moro major sources of income or failure in fundralsing. As al 31 March 2021 the resgtV0 represent8d 11.5 months running cost. This cushion for contingencies me8ns that the Charfly can consider some improvements to ils facilities as the country evontually emerges from the pandemic. In the longer term, the Charlly will need to generate a greater level of donations or income from ils aclivilies. However, thè need lo ggn8rale income has to be balanced with the need lo provide servlcgs al an affordable price for users of the Day Centre, many of whown cotne from Iha poorèst parts of the Waverley Borough. The Charity has set aslde sufflclent funds to meet its conlraclual obligations of the minibus 18asing agr8emenl. The Trustees have given full consideration lo allernalive methods of Irangpc>rting Day Centre users both lo the Day Centre and for organised outings and hove concluded Ihal leasing is the most cost effective option avai1abla to 8nsure th8 Day Centre continues lo operate effectrvely and Tneel the needs of its Ljsar community, although this will be ¥eviewed again when the current lease Is due to explre. Rlsk Man4g•m#ht The Trustees prepare a formal Budget each year whlch enables them lo identify signlficant factors and risks that FaTnCOtnb8 Day Centre is Ilkely to face in the coming period. In addition, the Trust885 review reguS8rly the maln operational risks lo ensure the smooth funclioning of ils activities. The Truslees have idenlified and reviewed the risks lo wh1ch the Ch8rity is exposed and have appropriate controls in place to provide reasonable assurance against fraud and error. During the pandemic, th8 Trustges has put in placè speafic Tisk analysis and additional measures to rninlmis8 the risk from COVIO-19 to the Cenlre's staff. volullleers. and users.
FARNCOMBE DAY CENTRE LIMITED TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 structural governance and managem•nt As of 1 April 2018 the Charity operatlng and man8glng the Farn¢omb& Day Centre is Farncombe Day Centre Limited, which is conlro15ed by ils govgrnSng document, Articles of Asso¢ialion of November 2017. Thi5 charity has taken over from thé previous charity, Age Concern Famcombe with the trusteés havlng set UP 8 new charitable company, limrted by guaranltse, Farn¢ombe Day Cenlrg Limited (charity 1175294 and company number 108477481. The ch8nga was forma51y approved by the membershlp of Age Concorn Farncomb8 81 an Exlratsrdlnary General Meeting on 24 July 2017. The transfer of ass815 and li8bililies Df Age Concem Farncombe tr) Farncombe Day Centr9 Limitèd was done by Deed ol Declaration on 31 March 2018. F8rncomb9 Day Cèntre has a Board of Trustees, who are also Directors of the ¢harllable company. Trustees are appointed by the Board of Trusle8s at their regular meetings. The Trustees undertake the management function wilh meetings bging held monthly or bi-monthly which are attended by the Manager lo whom day lo day managtsmenl is delegated within defined terms of reference. The trustees, who are also the directors for the purpose of company law, and who served during the year and up lo the dale of signature of the financial stat8m6nts were: Ms S Ayre (Acting Sgcrètsryl Ms A Johnson Ms G Loveluck Dr E W HSslop {Chair) Ms S Thompson MrT M Gammon Ms LAGroul Ms A Slorrier (Treasurer) MrMEDFry Ms L Philippson (Resigned 31 Juty 20211 (Resigned 30 September 2021} (Appointed 5 Augusl 20211 TTuslee applications are invited from Interested parties and references are taken. An applicant is Provided with an induction pack, including the conslilulion and previous minLJtes of Trustee meetings. To gain an understanding of the Day Cenlre's activities and operalions, the applicant meets with the Chair and is invited to visll th& t)ay Centre prlc>r to artendlng Board meetings as an obsetver. If the Trustees and the applicant mutually agree. the applicant is elected al a subsequent megtsng of th8 Trust68S. None of the trustees has any beneflclal Interest in the company. All of the Irusle88 8ra members of th8 company and guarantee lo contribute £1 In the event of 8 wSnding up. Plans for futur• The TTuslees continue lo work 10 8nsure the Day Cèntre is B valued community asset within the financial conslrainls undor whl¢h they operate. Thls wlll of necessity involve a continuing review of the sgrvices that are offered and the charges that are made. together with oonlinuing efforts to expand the number of users of the Cenlre. In addluon, the Trustees 11 ¢ontlnue to seek lo diversify the Charlty's fundlng sources. Th trustees, report was approved by the Board ofTnJst&es. DfE" Trustee Hlslop {Chairm3n)
FARNCOMBE DAY CENTRE LIMITED INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF FARNCOMBE DAY CENTrE UMITED I r8port to tho trustges on my gxamlnauon of tha flnarthl Statem of Famcombe Day Cantr8 Llmlted lth& charftyl for the year ended 31 March 2021. Ro$ponslbllltlo and bul• of r•port As lh8 tTUSt88s of the Chaty {and also its director8 for the purposes of 1MpanY wI you are rèsrx)nslb for the preparation of the ancIal statarrthts fft acoydarKo with requkamonts of thè CompanleB Act 2006 (tha 2006 Act). Hawng satIad my8811 that the flnand81 statern of the charlty 8Te not requlTed to be audlted under Part 16 of the 2006 Act and are eligible for independent examinatNJn. I report in r&sFCt of my examination oftho charlty'8 flnanclal 8talements carried out uNJer secllon 145 of the Charl¢les ALt 2011 (the 2011 Act). In carrying out my •xaminalK)n I have fdlowèd am the applKzbl8 Direthons given by tho Charity Commission under sfrctton 14SlSllbl o1th8 2011 Act Ind•p•nd•nt •xamln•rfs •tat•m•nt I have ¢ompbtsd my examlnauon. I conlSrm that no mattgrs havg como to my attenuon In o)nnodon wth the 8xamlnaUon giviThJ me causa to balve that In mat•rial rnSF4¢1: co)unUng r•¢>xd8 wore not kèpt In respect of tho thartty as wulr•l by $•cU( 368 of the 28 Act: or the flnandal 8tsteAMnts do not acc(d V4Ith th089 rac(Yds: (Y tha flnand81 ststsments do nol compty Ih8 accounts'ng requir8m8nts of sOn 396 01 th• 2006 A¢t other than any requirement that the accounts a true and falr &W whld) 18 not a matter considered as port of On Indgp8ndonl examlnatk)n', c the flnandal stal8m8nts hovg not be prepared In w)rdance wlth th8 methods and ndpIeS of thg stat8m8nt ol Recommended Practicè for accounting and repTh3 by charStl8s applicablo to charffj prepadng Ihelr accounts in accordance wlth the Fln8rK401 Standard appkablo In tho UK arvJ Republlc of Ireland IFRS 102). I have no o)ncems ar have rne acr03y no other matters In c4Jnnacllon vAth thè oxamlnatlon lo vA)Ich attènUon 8hould be drawn In thls report In lyder to •nable a proper urKkr8tsndlng of t7nandal 8tatem8nts to be reached. Franc98 Wllde FCCA DCIK4 Wamer WIW Chartered Cerufied Aminl8nts 4 Marlgold Drfve Blsley Surrey GU24 9SF Dated..
FARNCOMBE DAY CENTRE LIMITED STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2021 Unrestrl¢t•d Rostrlctad funds funds 2021 2021 Total unrestr1$d Reslrlcted funds funds 2020 2020 Toial 2021 2020 Note5 Donatlons and legacles Charitable actltIeS Investmonls 70.426 63.853 31 44.520 114.946 63,853 31 75,936 65,68Q 309 42.434 118,370 65.680 309 Total Income 134,310 44,520 178,830 141.925 42,434 184,359 Ex endltur• on,. Charitsble 8clivilies 103,902 53,842 157,744 123,389 33,732 157,121 Net incomel(expenditurel for the yearl Net movement In lund8 30,408 {9,322) 21,086 18,536 8,702 27,238 Fund balances al 1 April 2020 125,663 22,396 148,059 107,127 13,694 120,821 Fund balances at 31 March 2021 156,071 13,074 169,145 125,663 22,396 148,059 The statement of financial activities indudes all gains and l¢)sses recognised in the year. All incomg and gxpgndilur& d8r1 from wnlinuing activities. Th8 stslemenl of financial aclivilie8 8180 complies with the rèquirements for an Inwme and &xpèndilure account under Ihg CompanlesAcl 2006.
FARNCOMBE DAY CENTRE LIMITED BALANCE SHEET AS AT 31 MARCH 2021 2021 2020 Notes Flxed asset8 Tangible assets Currènt assgts Doblors Cash al bank and In hand 10 19,043 24,567 11 7,456 152.181 5,201 131,256 159,637 136,457 Crgdltors: amounts falllng due withln one year 12 19,5351 112.965) Nel curienl assels 150,102 123,492 Total assets lesB curr•nt Ilabllities 169,145 148,059 In¢ome funds Reslricled funds Unreslricled funds 14 13,074 156,071 22,396 125.663 169,145 148,059 The company Ss entitled lo the exemption from the audit reqviremenl contalned In section 477 of the Companlas Act 2006, for the year ended 31 March 2021. The trustees acknowledge their iesponsibilities for ensuring that the charity keeps accounting records which comply wlh section 386 of the Act and for preparing financial ststemenls which give a true and fair view of the slate of affairs of the company as al Ihg end of the financial year and of ils incoming rosour¢$s and application of resources. includlng ils income and expendllure, for the financial ygar in accordance with the requirements of sections 394 and 395 8nd which otherwise comply with the requirements of the Cornpanies Act 2006 relating lo rinancial slalements, so far as applicable to the company. The members have not qUired the company lo obtain an audil of ils financial slalemenls for the year in question in accordanco with section 476 01 the Comp8niès Act 2006. These financial slatgments have been prepared in accord8nce with the provisions applicablg to companies subject lo the small companies re9img. finandal latements Were approved by the Tru818ès on . Dr E W Hislop (Chairl Trusteè Ms A Slorrier (Treasurarl Trustee Company Rgglstratlon No. 10847748
FARNCOMBE DAY CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 Accountlng policies Charlty Inform8tlon Farncombe Day Centro Limlted Ss a private cornpany Ilmited by guarantee IncoTW)raled In England and Wales. The registered office Is Farncombe Day Centr8, Sl John's Street, Farn¢ombe, Godalming. Surrey, GU7 3EJ. 1.1 Accountlng conv8ntlon The fin8n¢l81 statements have been prepared In accordance wSth the ¢harily's governing document, the Companies Act 2006 and "Accounting and Reporting by Charilles.. Slalemenl of Recommended Pradlce applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in Ihe UK and Republic ol Ireland {FRS 1021 l&ffg¢tlV8 1 January 20191. The charity is a Public Benefit Entity as defined by FRS 102. The ¢har(ly has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin I not to prepare a Statement of Cash Flows. The financial slalemenls ar8 prepar&d in stgrling, which is the functional currency of the charily. Monel8ry amounts in these finan¢ial statements are rounded lo the nearest £. The financial slatemènls have been prepared under the historical ¢o¥t conventlon. Th8 principal accountSng policles adopted are sel out below. 1.2 Golng con¢orn Al th& timè of approving the financlal stalemenls, tha Iruslees have a reasonable expectation that the Charity has adequate resourc&s lo ¢onlinu8 In opgrational existence for the foreseeable future. Thus the trustees continue lo adopt thè going concern basis of accounting in preparing the financial statements. q.3 Charitable funds Unrestricted funds are available for use at tho dIS¢tIon of the trustees in furtherance of their charitable objectives. Rastricted funds are subject lo spe¢lfl¢ Condlllons by donors as lo how they may be used. The purposes and uses of the reslrlclod funds are sel out In the notes lo the financlal 8talemenls. Endowment funds are subject lo specrfic condilions by donors that the capital must be maintained by the tharily. 1A In¢omo Income Is rewgnised when the charity Is legally enti118d lo118fter any performance condllSons have been mel. ihe amounts can be Tneasured rellably, and It is probablg that income will be received. Cash donations are recognised on receipt. Other donations are reeognlsed once Ihe charity has been notified of the donation, unless perform8n¢e Conditions requir8 deferral of the amount. In¢omo tax recoverable In relatlon lo donations received under Gift Aid or deeds of covanant Is recognised al the lime of tho donation. Legacies are rtrcognlsed on receipt or otherwise if the charfty has been notlfied of an impending distribullon, the amount is known, and receipt is expected. If th& amount is not known, the legacy is treated as a conlingenl a55et.
FARNCOMBE DAY CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 Accountlng policies (Continued) 1.5 Expenditure Expenditure is recognised once there is 8 18gal or conslructlvè obllgation lo make a paymènt to a Ihlrd party, It Is probable that settlement will be required and the amount of the obligation can be measured reliably. Irracov8rabl8 VAT Is chargèd as a cost against the acliwly for which the expendilure was incurred. 1.6 Tanglble flxed assets Tangible fixed assets are initially measured al cost and subsequ8nlly moasured al cost or valuallon, nel of depr8¢18tlon and any Smp8lrmènt loss@s. Dèprèciation is r6cognised so Bs to write off the cost or valuation of assets less their residual values over their useful Ilves on the following bases.. Flxiures, fittlngs and equipment 20% slraighl line Th8 galn or Ioss 8ris1ng on the disposal of an asset Is determined as Ihg difference beeen the sale proceeds and the carrying value of the asset, and is recognised in nel incomellexpendilurel for the year. 1.7 Impalrment of flxed assets At each reporting end date. the charity rewews the carrying amounts of ils tangible assets lo determine whether there Is any indication that Ihoso assets havo suffered an imp8irm&nt loss. If any such Indlcatlon oxisis, the recgverable amoLJnl of thè assat Ss estlmaled In order lo determine Ihe extent of the impairmgnl loss lif any). 1.8 Cash and cash 8qulval8nts C8sh and cash equivalen indude cash in hand. deposits held al call with banks. other short-tem) liquid Investments with original maturities of three months or less, and bank oveidrafts. Bank overdrafts are shown withSn borrowSngs In current liabililies. 1.9 Flnanclal Instrumonts The charity has elected lo apply the provisions of Section 11 'B8sic Financial Inslrumenl$' and Section 12 'Olher Financial Instruments Issues, of FRS 102 lo all of ils financial inslrumenls. Financial inslrurnenls are rocognlsod In the charSVs balance sheet when the charlly becomes paty to the contractual provisions of the inslrumenl. Financial assets Ilabilltlès are offset, wth th& nèl amounts presanled in the financial statements, when there Is a legally enforceable right lo set off the recognised amounts and there Is an intention to settle on a net basis or lo realise the asset and settle the liability slmultaneously. Basic financial assets Basic financial assets, which include debtors and cash Bnd bank balances, are initially measured al IrBnsaollon price including transaction costs and ar8 subsequently carried at amortlsed cost using the effective interest Fllelhod unless Ihfy arrangemonl conslllules a flnan¢Sng transactlon, where the Iransactlon is measured at the present value of the future receipts discounted al a marf(el rale ol interest. Financial assets classified as receivable wilhiri one year are not amortised.
FARNCOMBE DAY CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 Accountlng poll¢i•s (Continued) Basic finènclal liabllitigs Basic financial liabilities. includlng ci8dltors and bank Ic*ans are initially recognised at transaction price unless the arrangemènt constilutes a financing transacllon, wh&rg the debt inslrumenl is measured al the presont value of the future payments discounl8d al a market rate of interest. Financial liabilities classlfigd as payable within one year aro not 8mortised. Dèbt instruments are subsequently carried at amortised cost. using th8 effecuve Interest rate method. Trade credllors are obligations lo pay for goods or s8rvic8s that havo been acquired in the ordinary cours8 of operations from suppliers. Amounts payablè are classified as current liabilitles if paymtsnl Is due withln one year or18ss. If not, they are presented as non-currenl liabilities. Trad8 or8ditors are CognIsed initially at transaction price and subsequently measured al amorlised cost using the effective in18resl method. Derecognition of flnanclal liabilities Finanelal liabilllies are derecognised whèn thè charity's contractual obligations expire or are dlscharged or cancelled. 1.10 Employ8• banoflts The cost of any unused holiday entillemenl is recognised in the period in which the employee's seNices are received. Termlnallon benefits are recognlsed immedlately as an expense whgn the Charfty Is damonstrably committed lo lerfflinatg th8 amploymenl ol an employee or lo provide termination benefits. 1.11 Retlrement benefits Payments lo defintrd contribution retirement benefit schemes are charged as an expense BS they fall due. 1.12 Leases Rentals payable under operating leases, including any lease incentives re¢91vèd, are charged as an expense on a slraight lina basis over the term of the relevant lease. Crltlcal accountlng 08tlmatss and judgements In Ihg application of the charitys a¢¢ountlng policies, the trustees are required lo make Judgements, eslimales and assumptions about Ihe carrying amount of assets and Siabililies that are not readily apparent from other sour¢es. The eslimales and associated assumptions are based on historical experience and other factors that are considered lo be relgvant. A¢tual rosults may differ from thes8 esllmalgs. Th& estlmales and underlying assumptions are reviewed on 8n ongoing basis. Revisions lo accounllng eslimates are recognised in tho pgriod in which the eslimale is revised where the révision affaets Dnly Ihat period, or in the p8riod of the revision and future periods where thè revision affects both current and future peTlod$.
FARNCOMBE DAY CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 Donatlons and legacles Unrestricted Re5tri¢ted funds fund5 Total Unrestricted Restricted funds funds Total 2021 2021 2021 2020 2020 2020 Donations and gifts Grants receivable Donated goods and services 3,935 65,491 3,935 11 D,011 13,488 62.448 13,488 104,882 44,520 42,434 1,000 1,000 70,426 44.520 114,946 75,936 42,434 118.370 Grants recelvable for core actlvltles Waverfey Borough Council Communlty Foundallon Surroy Godalmlng Town Councll Henry Smith Foundation Co-operative Cala Home5 Groundwork UK Waitrosts Surrey County Coundl Scottish & Southern Other 64.000 21.000 85,000 55,000 19,050 74.050 6,390 7,500 5.625 6,390 7,500 5,625 7.448 3,375 5.000 9,375 3,384 1,250 1,000 10,823 5,000 9.375 3.384 1,250 1,000 500 2.000 1.000 505 500 2,000 1,000 505 1.491 1,491 65,491 44,520 110,011 62,448 42.434 104.882 10
FARNCOMBE DAY CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI FOR THE YEAR ENDED 31 MARCH 2021 Charitablè activltl•s Day C8ntre nay Corstr8 G*n6ral Catsrlnu 2021 2021 Total 2021 Day centre General 2020 Dpy ¢entre atorSnp 2020 Mlnlbus Transport Total 202 2020 Sales within Charitable aclivities Charitable rental income Other income 3.444 59,909 63,353 20,875 31,450 9,932 62,257 500 500 2,688 735 2.688 735 3,944 59.909 63.853 24.298 31,450 9,932 65,680 Investments Unrestricted Unrestricted funds funds 2021 2020 Interest receivable 31 309 11
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FARNCOMBE DAY CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 Support costs Support Governance costs cost$ 2021 Support Governance 0818 2020 Staff costs Insurance Llcèn¢es and pemiSts IT costs Tralning Advertising 8.228 8.228 1,621 994 613 414 210 7.343 7.343 1.591 989 435 337 145 1,621 994 613 414 210 1.591 989 435 337 145 Indgpendenl Examlners lee 8ank chargos Payroll costs otheT governance costs 1,165 439 539 186 1,165 439 539 1,296 323 957 1.296 323 957 3,852 10.557 14,409 3,497 9.919 13,418 Analysed betwean Charitable activities 3.852 10,557 14.409 3,497 9,919 13,416 Governance costs include Independgnl Examination fees of £1.14012020: £1,115) Trust8•S None of the trustees {or 8ny persons connected wllh them) recelv¢d any romunerallon or b&nefils from the charity during the year. 13-
FARNCOMBE DAY CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 Employ•¢$ Number ofemployees The average monthly number of employees during the year was.. 2021 Number 2020 Numbar Employment costs 2021 2020 Wages and salaries SDcial security costs other pension cos(s 82,478 277 1.046 100,351 1,477 1,710 83,801 103,538 The eight staff are comprised of one full lime and seven part time posts. 10 Tangible fixed assets Flxtur88, flttlngs and aqulpmont Cost At 1 April 2020 Additions 40.286 4,045 At 31 March 2021 44,331 D•pr•clatlon and Impalmi8nt Al 1 April 2020 Depreclallon charged in th8 year 15.719 9,569 At 31 March 2021 25,288 Carrylng amount At 31 Mar¢h 2021 19,043 Al 31 March 2020 24,567 14
FARNCOMBE DAY CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 11 D•btor5 2021 2020 Amounts falllng dyè wlthln one yaar. Other debtors Prepayments 3,264 4,192 1,136 4,065 7,456 5,201 12 Cr•dltors: amounts falllng duo wlthln one year 2021 2020 Note5 Olher taxatlon and social security Daforred Income Accrua15 810 666 5.625 6,674 13 8,725 9,535 12,965 13 Deferred incomo 2021 2020 Other deferrgd Incom8 5.625 The minibus grant is deferred lo tho extent that it contributes lo funding costs incurred In a future pedod. 15.
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FARNCOMBE DAY CENTRE LIMITED NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 15 Analysis of n&t ass&ts b•tw6on funds Unrestricted Restricted funds funds 2021 2021 Total Unreslricled Reslrf¢tgd funds funds 2020 2020 Total 2021 2020 Fund balances al 31 March 2021 are represented by.. Tangib16 assets Current assetsl 8,476 10,567 19.043 11.428 13,139 24.567 147,595 2,507 150.102 114.235 9,257 123,492 156,071 13,074 169,145 125,663 22.396 148,059 16 Rèlat8d party transactlons There were no dlsck>sable related paty transBCtions during the year {2020- none)- 17