| Page | |||||
|---|---|---|---|---|---|
| Report ofthe | trustees | 1 | to | 4 | |
| Independent | examiner's report |
||||
| Statement of | financial | activities | |||
| Balance sheet | |||||
| Notes to the financial | statements | 8 | to | 12 | |
| Detailed statement of | financial activities | 13 |
| FORT | HE YEAR ENDED 31Au us |
t 2020 | |||
|---|---|---|---|---|---|
| Period | |||||
| 5/10/18 | |||||
| Year Ended | to | ||||
| 31/8/20 | 31/8/19 | ||||
| Unrestricted | Total | ||||
| fund | funds | ||||
| Notes | |||||
| INCOME AND ENDOWMENTS | FROM | ||||
| Charitable activities |
|||||
| Grant funding | 210,311 | 278,493 | |||
| Earned Income | 43,208 | 30,177 | |||
| Other trading activities | 192 | ||||
| Investment income |
209 | 108 | |||
| Other income | 29,967 | ||||
| Total | 283,887 | 308,778 | |||
| EXPENDITURE ON | |||||
| Charitable activities |
|||||
| Charitable Activites |
300,284 | 93,164 | |||
| NET INCOME/(EXPENDITURE) | (16,397) | 215,614 | |||
| RECONCILIATION | OF FUNDS | ||||
| Total funds brought | forward | 215,614 | |||
| TOTAL FUNDS CARRIED FORWARD | 199,217 | 215,614 |
| 2020 | 2019 | ||
|---|---|---|---|
| Unrestricted | Total | ||
| fund | funds | ||
| Notes | |||
| FIXEDASSETS | |||
| Tangible assets | 3,687 | 4,008 | |
| CURRENT ASSETS | |||
| Debtors | 16,024 | 22,865 | |
| Cash at bank and in hand | 210,712 | 206,739 | |
| 226,736 | 229,604 | ||
| CREDITORS | |||
| Amounts falling due within one year |
10 | (31,206) | (17,998) |
| NET CURRENT ASSETS | 195,530 | 211,606 | |
| TOTAL ASSETSLESSCURRENT LIABILITIES | 199,217 | 215,614 | |
| NET ASSETS | 199,217 | 215,614 | |
| FUNDS | 12 | ||
| Unrestricted funds |
199,217 | 215,614 | |
| TOTAL FUNDS | 199,217 | 215,614 |
| Period | ||||
|---|---|---|---|---|
| 5/10/18 | ||||
| Year Ended | to | |||
| 31/8/20 | 31/8/19 | |||
| Interest receivable - trading | 209 | 108 | ||
| NET INCOME/(EXPENDITURE) | ||||
| Net income/(expenditure) | is stated atter charging/(crediting): | |||
| Period | ||||
| 5/10/18 | ||||
| Year Ended | to | |||
| 31/8/20 | 31/8/19 | |||
| Depreciation | -owned assets | 1,679 | 321 | |
| Hire ofplant | and machinery | 1,313 | ||
| Other operating leases |
7,950 | 3,506 |
| The | average monthly number ofemployees during |
the year was as follows: | |
|---|---|---|---|
| Period | |||
| 5/10/18 | |||
| Year Ended | to | ||
| 31/8/20 | 31/8/19 | ||
| Full | time | 8 | 8 |
| Part | time | 10 | 10 |
| 18 | 18 |
| COMPAR | ATIVES FORTHE STATEMENT OF FINANCIAL ACTIVIT | IES |
|---|---|---|
| Unrestricted | ||
| fund | ||
| INCOME | AND ENDOWMENTS FROM | |
| Charitable | activities | |
| Grant funding | 278,493 | |
| Earned Income | 30,177 | |
| Investment | income | 108 |
| Total | 308,778 |
| 7. | COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES | - continued | |
|---|---|---|---|
| Unrestricted | |||
| fund | |||
| Charitable activities |
|||
| Charitable Activites |
93,164 | ||
| NET INCOME | 215,614 | ||
| TOTAL FUNDS CARRIED FORWARD | 215,614 | ||
| 8. | TANGIBLE FIXEDASSETS | ||
| Computer | |||
| equipment | |||
| COST | |||
| At 1 September 2019 | 4,329 | ||
| Additions | 1,358 | ||
| At 31 August 2020 | 5,687 | ||
| DEPRECIATION | |||
| At 1 September 2019 | 321 | ||
| Charge for year | 1,679 | ||
| At 31 August 2020 | 2,000 | ||
| NET BOOK VALUE | |||
| At 31 August 2020 | 3,687 | ||
| At 31 August 2019 | 4,008 | ||
| 9. | DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
| 2020 | 2019 | ||
| Trade debtors | 13,403 | ||
| Other debtors | 2,975 | ||
| Accrued income | 11,023 | ||
| Prepayments | 5,001 | 6,487 | |
| 16,024 | 22,865 |
| 2020 | 2019 | |||||||
|---|---|---|---|---|---|---|---|---|
| Trade creditors | 3,448 | 6,623 | ||||||
| Social security and other |
taxes | 3,583 | 3,320 | |||||
| Net wages due | 4,331 | |||||||
| Pension creditor | 738 | 674 | ||||||
| Company credit |
card | 810 | ||||||
| Deferred income | 21,666 | |||||||
| Accrued expenses | 1,771 | 2,240 | ||||||
| 31,206 | 17,998 | |||||||
| LEASING AGREEMENTS | ||||||||
| Minimum lease |
payments | under | non-cancellable | operating | leases fall due as follows: | |||
| 2020 | 2019 | |||||||
| Within one year | 8,384 | |||||||
| MOVEMENT | IN FUNDS | |||||||
| Net | ||||||||
| movement | At | |||||||
| At 1/9/19 | in funds | 31/8/20 | ||||||
| Unrestricted funds |
||||||||
| General fund |
215,614 | (16,397) | 199,217 | |||||
| TOTAL FUNDS | 215,614 | (16,397) | 199,217 | |||||
| Net movement | in funds, | included | in the above | are as follows: | ||||
| Incoming | Resources | Movement | ||||||
| resources | expended | in lunds | ||||||
| Unrestricted funds |
||||||||
| General fund |
283,887 | (300,284) | (16,397) | |||||
| TOTAL FUNDS | 283,887 | (300,284) | (16,397) | |||||
| Comparatives | for movement | in funds |
| Net | ||||
|---|---|---|---|---|
| movement | At | |||
| in funds | 31/8/19 | |||
| Unrestricted | funds | |||
| General | fund | 215,614 | 215,614 | |
| TOTAL | FUNDS | 215,614 | 215,614 |
| Incoming | Resources | Movement | |||
|---|---|---|---|---|---|
| resources | expended | in funds | |||
| Unrestricted | funds | ||||
| General | fund | 308,778 | (93,164) | 215,614 | |
| TOTAL | FUNDS | 308,778 | (93,164) | 215,614 |
| FORTHE YEAR END | ED 31 Au ust 2020 |
||
|---|---|---|---|
| Period | |||
| 5/10/18 | |||
| Year Ended | to | ||
| 31/8/20 | 31/8/19 | ||
| INCOME AND ENDOWMENTS | |||
| Other trading activities |
|||
| Lottery commission | 192 | ||
| Investment income |
|||
| Interest receivable - trading | 209 | 108 | |
| Charitable activities |
|||
| Grants | 210,311 | 71,987 | |
| Soccer courses etc | 43,208 | 30,177 | |
| Transfer from Chelt Town Educa | 206,506 | ||
| 253,519 | 308,670 | ||
| Other income | |||
| Job retention scheme grants |
29,967 | ||
| Total incoming resources |
283,887 | 308,778 | |
| EXPENDITURE | |||
| Charitable activities |
|||
| Wages | 227,032 | 62,477 | |
| Purchases | 29,026 | 12,548 | |
| Motor and travel expenses | 5,710 | 2,252 | |
| Hire ofplant and machinery | 1,313 | ||
| Rent | 7,950 | 3,506 | |
| Minibus running costs |
7,722 | 1,245 | |
| Insurance | 3,729 | 883 | |
| Telephone | 1,762 | 416 | |
| Postage and stationery | 376 | 748 | |
| Subscriptions | 1,989 | 809 | |
| Sundry expenses | 212 | 29 | |
| Payroll and bookkeeping | 5,528 | 1,964 | |
| Accountancy | 760 | 456 | |
| Human resources |
400 | 392 | |
| Legal services | 3,607 | ||
| Training costs | 4,024 | 785 | |
| Depreciation oftangible | fixed assets | 1,679 | 321 |
| Bank interest | 242 | 322 | |
| Bank charges | 830 | 404 | |
| 300,284 | 93,164 | ||
| Total resources expended | 300,284 | 93,164 | |
| Net (expenditure)/income | (16,397) | 215,614 |