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|---|---|---|---|
|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|
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|||Unrestricted|Restricted|||
|---|---|---|---|---|---|
|||funds|funds|Total funds|Total funds|
|||2020|PE31.12.20|PE31.12.20|YE31.08.19|
||Notes||E|E|E|
|Income and endowments||||||
|from:||||||
|Donations
and legacies||236,586|191,042|427,628|195,594|
|Other trading
activities|||||7,333|
|Other||775|27,121|27,896|625|
|Total||237,361|218,163|455,524|203,552|
|Expenditure
on:||||||
|Main Charitable
activities||223,726|198,480|422,206|165,083|
|Other||19,265|6,512|25,777|73,933|
|Total||242,991|204,992|447,983|239,016|
|Net gains on investments||||||
|Net income/(expenditure)||(5,630)|13,171|7,541|(35,464)|
|Transfers
between
funds||||||
|Net income/(expenditure)||||||
|before other gains/(losses)||(5,630)|13,171|7,541|(35,464)|
|Other gains and losses||||||
|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|
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|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.||
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|3
Statemen|t ofFinancial|Activities -prior year||||
|---|---|---|---|---|---|
||||Unrestricted|Restricted||
||||funds|funds|Total funds|
|Income and|endowments|from:||||
|Donations
and legacies|||93,861|101,733|195,594|
|Administration
Fee Income|||7,333||7,333|
|Other|||625||625|
|Total|||101,819|101,733|203,552|
|Expenditure|on:|||||
|Charitable|activities||125,793|100,144|225,937|
|Other|||13,079||13,079|
|Total|||138,872|100,144|239,016|
|Net gains on|investments||(9,375)||(9,375)|
|Net income|||(46,428)|1,589|(44,839)|
|Net income before other||||||
|gains/(losses)|||(46,428)|1,589|(44,839)|
|Other gains and losses:||||||
|Net movement
in funds|||(46,428)|1,589|(44,839)|
|Reconciliation|offunds:|||||
|Total funds brought
forward|||141,073||141,073|
|Total funds carried forward|||94,645|1,589|96,234|
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|4|Income f|rom|donations
and legacies|||||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|||||||PE31.12.20|YE31.08.19|
||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|
|5|Income from||other trading activities|||||
|||||||Total|Total|
|||||||PE31.12.20|YE31.08.19|
||Administration||fee income||||7,333|
||||||||7,333|
|6|Other income|||||||
|||||Unrestricted|Restricted|Total|Total|
|||||||PE31.12.20|YE31.08.19|
|||||||f|E|
||Dividends|income||625||625|625|
||Discounts|Received||150|27,121|27,271||
|||||775|27,121|27,896|625|
##
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|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|
|Not|es to the Accounts|||
|---|---|---|---|
|10|Staff costs|||
||Salaries and wages|194,501|82,000|
||Social security costs|17,036|5,968|
||Pension costs|3,977|2,031|
|||215,514|89,999|
|The average
monthly|number offull time equivalent|employees|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|
##
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||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||
##
||||Incoming|||
|---|---|---|---|---|---|
|||At 1
September|resources
(including
other|Resources
expended|At 31
December
2020|
|||2019|gains/losses)|||
||||f|||
|Restricted funds:||||||
|Restricted income funds:||||||
|National
Lottery|Digital Funds||120,275|(124,874)|(4,599)|
|Postcode innovation
Trust|||62,500|(52,996)|9,504|
|Social Tech Trust|||8,267||8,267|
|Tech Discounts|||27,121|(27,121)||
|Total restricted|fund carried|||||
|forward||1,588|||1,588|
|Total||1,588|218,163|(204,992)|14,759|
|Unrestricted
funds:||||||
|Generalfunds||94,645|214,611|(242,991)|66,265|
|Revaluation
Reserves:||||||
|Tota I funds||96,233|432,774|(447,983)|81,024|
##
|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|