2020-12-31-accounts - Carefreespace

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		Pages
Trustees' Annual Report		2tog
Independent Ixaminer's	Report
Statement of Financial Activities			10
Balance Sheet
Notes to the Accounts		12to	19
Detailed Statement of Financial Activities		20to	21

Expenditure
Recognition	ofexpenditure	Expenditure is recognised on an accruals	basis. Expenditure includes	any
		VAT which cannot be fully recovered, and	is reported as part ofthe
		expenditure to which it relates.
Expenditure	on raising funds	These comprise the costs associated with	attracting voluntary income,
		fundraising trading costs and investment	management costs.
Expenditure	on charitable	These comprise the costs incurred by the	Charity in the delivery of its
activities		activities and services in the furtherance of its objects, including the
		making ofgrants 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 ofthe Charity,	including any
		audit/independent examination fees, costs linked to the strategic
		management ofthe Charity, together with	a share ofother
		administration costs.
Other expenditure		These are support costs not allocated to a	particular activity.

Expenditur	e on cha	rit	able activities
				Unrestricted	Restricted	Total	Total
						2020	2019
Expenditure on charitable
activities
Advertising	& Marketing			305	2,795	3,100	7,237
Consulting	(non Tech)			47,734	12,351	60,085	58,185
Employers	National	Insurance		6,371	10,665	17,036	5,968
External Entertainment/Trustee
Expenses				1,379		1,379
ITSoftware	and Consumables			1,042	38,201	39,243	3,578
Pensions
Costs				1,707	2,270	3,977	1,645
Rent				25,644	15,840	41,484	18,303
Salaries				101,013	93,488	194,501	82,000
Subscriptions, Training			&.
Research				5,981	973	6,954	2,729
Subsistence	& Department
Meetings				1,432		1,432	10,255
Tech Development				10,427	21,432	31,859	32,597
Telephone	& Internet			1,935		1,935	2,678
Travel &Subsistence				4,488		4,488	10,255
				223,726	198,480	408,206	246,192

8	Other expenditure for	charitable	activities
				Unrestricted	Restricted	Total	Total
						2020	2019
	Amortisation, depreciation,
	impairment, profit/loss	on		2,821		2,821	1,231
	disposal offixed assets
	General administrative	costs		3,656		3,656	5,747
	Legal and professional	costs		12,788	6,512	19,300	66,955
				19,265	6,512	25,777	73,933
9	Net income/(expenditure) before		transfers
					2020		2019
	This is stated after charging:				E		E
	Depreciation ofowned	fixed assets			2,821		1,231

The average monthly	during the year was as follows:
	2020	2019
	Number	Number
11 Tangible fixed assets
Cost or revaluation
At 1September 2019	4,924	4,924
Additions At 31December 2020	5,591 10,515	5,591 10,515
Depreciation and impairment
At 1September 2019	2,462	2,462
Depreciation charge forthe year	2,821	2,821
At 31December 2020	8,283	3,283
Net book values
At 31December 2020 At 31August 2019	5,232 2,482	5,232 2,482
12 Fixed Asset Investments
	Other
	investments
	- Listed	Total
	f
Cost or revaluation
At 1September 2019	48,125	48,125
Revaluation At 31December 2020	(22,750) 25,375	(22,750) 25,375
Net book values
At 31December 2020 At 31August 2019	25,375 48,125	25,375 48,125
13 Debtors
	2020	2019
	f	f
Other debtors	5,905	1,920
Prepayments and accrued income	2,597	3,062
	8,502	4,982

	amounts	falling due within one	year
				2020	2019
				f	f
	Trade creditors				8,980
	Other taxes and social security				(43)
	Other creditors			908	407
				908	9,344
15	Creditors:
	amounts	falling due after more	than one year
				2020	2019
					f
	Loan from	Postcode Innovation	Trust	62,500
				62,500

for the period ende	d	31D	ecember 2020
				Unrestricted	Restricted
				funds	funds	Total funds	Total funds
				2020	2020	PE31.12.20	YE31.08.19
				f	f	f	E
Income and endowments			from:
Donations and legacies
Donations				36,586	62,500	99,086	43,861
Grants				200,000	128,542	328,542	151,733
				236,586	191,042	427,628	195,594
Other trading activities
Administration fee	income						7,333
							7,333
Other
Dividends income				625		625	625
Discounts Received				150	27,121	27,271
				775	27,121	27,896	625
Total income and endowments				237,361	218,163	455,524	203,552
Expenditure on:
Charitable activities
Charitable activities				223,726	198,480	422,206	165,083
				223,726	198,480	422,206	165,083
Total ofexpenditure charitable activities	on			223,726	198,480	422,206	165,083
General administrative		costs,
including depreciation		and
amortisation
Depreciation of land		and
buildings				2,821		2,821	1,231
Bank charges				507		507	257
General insurances				2,531		2,531	2,212
Stationery and printing				618		618	600
Telephone, fax and	broadband						2,678
				6,477		6,477	6,978
Legal and professional		costs
Accountancy and bookkeeping				11,405		11,405	8,770
Consultancy fees				1,383	4,796	6,179	58,185
Other legal and professional
costs					1,716	1,716
				12,788	6,512	19,300	66,955
Total of expenditure	of	other
costs				19,265	6,512	25,777	73,933
Total expenditure				242,991	204,992	447,983	239,016

Carefreebreaks Detailed Statement of Financial Activities
Net gains on investments
Net income/(expenditure)	(5,630)	13,171	7,541	(35,464)
Net income/(expenditure) before other gains/(losses)	(5,630)	13,171	7,541	(35,464)
Other(Losses)	(22,750)		(22,750)	(9,375)
Net movement in funds	(28,380)	13,171	(15,209)	(44,839)
Reconciliation offunds:
Total funds brought forward	94,645	1,588	96,233	141,072
Total funds carried forward	66,265	14,759	81,024	96,233