2021-08-31-accounts - Cresswell Pele Tower

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Trustees' annual report
Independent examiner's report	to the trustees
Statement offinancial activities
Statement offinancial position
Notes to the financial statements
The following pages do not form part of		the financial statements
Detailed statement offinancial	activities
Notes to the detailed statement	offinancial	activities

Reference and administrative	Reference and administrative	Reference and administrative	details
Registered	charity	name	Cresswell	Pele Tower CIO
Charity registration		number	1176137
Principal office			5St Bartholomews		Close
			Cresswell
			Morpeth
			NE61 SJX
The trustees
			M K Wright
			D W Lodge
			BMead
			T Kirsop
Independent	examiner		Michael W	Reed
			Russell House
			Greenwell	Road
			Alnwick
			Northumberland
			NE66 1HB

			2021	2020
		Note	8
Fixed assets
Tangible fixed assets		12	724,271	438,661
Current assets
Debtors Cash at bank and in	hand		9,628 65674	19,598 65,454
			75,302	85,052
Creditors: amounts	falling due within one year		14,225	85,052
Net current assets			61,077
Total assets less current liabilities			785,348	438.661
Net assets			785,348	438,661
Funds ofthe charity
Restncted funds Unrestncted funds			784,687 661	438,661
Total charity funds		16	785,348	438,661

Expenditure on charitable activit	ies by fund type
	Unrestricted	Restricted	Total Funds
	Funds f	Funds f	2021 f
Activity	1,169	52,004	53,173
Supportcosts		1,450	1,450
	1,169	53,454	54,623
	Unrestricted	Restricted	Total Funds
	Funds	Funds	2020 f
Activity		28,817	28,817
Support costs		775	775
		29,592	29,592

7.	Expenditure	on charitable	on charitable	on charitable	activities by	activities by	activity type	activity type
							Activities
							undertaken			Total funds	Total fund
							directly Support costs f. f			2021 f	2020 f
	Activity							53,173		53,173	28,817
	Governance	costs							1,450	1,450	775
								53,173	1,450	54,623	29,592
8.	Net income
	Net income is stated after			charging/(crediting):
										2021 f	2020 f
	Depreciation	oftangible	fixed assets							31,834	18,542
9.	Independent	examination			fees
										2021	2020 f
	Fees payable to the independent					examiner	for:
	Independent	examination		of	the financial statements					775	775
10.	Staff costs
	The total staff costs and		employee			benefits for		the reporting	period are	analysed as	follows:
										2021	2020
											f

12.	Tangible fixed asset	s
			Fixtures and	Leasehold
			fittings E	improvements 6	Total f
	Cost
	At 1 September 2020			463,529	463,529
	Additions		10,747	306,697	317,444
	At 31August 2021		10,747	770,226	780,973
	Depreciation
	At 1 September 2020			24,868	24,868
	Charge for the year		1,025	30,809	31,834
	At 31August 2021		1,025	55,677	56,702
	Carrying amount
	At 31August 2021		9,722	714,549	724,271
	At 31 August 2020			438,661	438,661
13.	Debtors
				2021	2020
	Trade debtors			9,628
	Other debtors				19,598
				9,628	19,598
14.	Creditors: amounts	falling due within one year
				2021	2020
				6	F
	Trade creditors			1,243	654
	Accruals and deferred	income		7,239	84,398
	Social security and other taxes			5,743
				14,225	85,052

2021	2020
E	F.
7,239	82,848

				2021	2020
				6	6
Expenditure	on charitable		activities
Activity
Activities undertaken		directly
Rent					67
Volunteer coordinator costs				5,701
Insurance				1,062	1,270
Publicity				4,607	1,000
Legal and professional		fees		4,727
Maintenance	and gardening			1,169
Bank charges				79	58
Depreciation				31,834	18,542
Volunteer expenses and other sundry costs				3,837
Administration	services			157	7,880
				53,173	28,817
Governance	costs
Governance costs - accountancy fees				1,450	775
Expenditure	on charitable		activities	54,623	29,592