OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2020-12-31-accounts

THE WHALE COMPANY

Report and Financial Statements For the period 01.01.2020 to 31.12.2020

Charity Number 1180386

1

THE WHALE COMPANY

Contents

Company Information
3
CEO and Trustees’ Report 4
Statement of Financial Activities 5
Balance Sheet 6
**Notes to the Accounts: **
Basis of Preparation 7-8
Accounting Policies 9-12
Income 13
Expenditure 14-15
Tangible Fixed Assets 16
Creditors & Accruals 17
Cash at Bank and on hand 18

2

THE WHALE COMPANY

Company Information

Trustees: Charlotte Flynn; Rosie Garthwaite; Elizabeth Hogg; CEO: Carolyn De Sousa Registered Office: 1 Acford Road London SW6 2 Charity Registration No. 1180386

3

THE WHALE COMPANY

CEO AND TRUSTEES ‘REPORT

Summary of Charity activity 2020

Unfortunately due to COVID-19 there was a gap in our activities in 2020. We were due to commence several new projects in the spring but everything was put on hold when schools and workplaces closed. This period also coincided with the maternity leave of our CEO, who had been working on a volunteer basis. The charity was unable to employ someone to cover the maternity leave due to the lack of funding given that the charity is still in its very early stages of development.

4

THE WHALE COMPANY

The Whale Company The Whale Company The Whale Company Charity No 1180386 1180386
Company No
Annual accounts for the period
Period start date 01.01.2020 To Period end
date		 31.12.2020

Section A Statement of financial activities (including summary income and expenditure account)

Recommended categories by activity Recommended categories by activity Guidance Note Unrestricted
funds
Restricted
income
funds		 Endowment
funds		 Total funds Prior year
funds
£ £ £ £ £
Income (Note 3) F01 F02 F03 F04 F05
Income and endowments from:
Donations and legacies S01 648 - - 648 -
Charitable activities S02 - - - -
Other trading activities S03 - - - - -
Investments S04 - - - - -
Separate material item of income S05 - - - - -
Other S06 - - - - -
Total S07 648 - - 648 -
Expenditure (Notes 6)
Expenditure on:
Raising funds S08 - - - -
Charitable activities S09 - - - -
Separate material expense item S10
Other S11 627 - - 627 -
Total S12 627 - - 627 -
Net income/(expenditure) before tax for
the reporting period		 S13 21 - - 21 -
Tax payable S14 - - - - -
Net income/(expenditure) after tax
before investment gains/(losses)		 S15 21 - - 21 -
Net gains/(losses) on
investments		 S16 - - - - -
Net income/(expenditure) S17 21 - - 21 -
Extraordinary items S18 - - - -
Transfers between funds S19 - - - - -
Other recognised gains/(losses):
Gains and losses on revaluation of fixed assets for the
charity’s own use		 S20 - - - -
Other gains/(losses) S21 - - - - -
Net movement in funds S22 21 - - 21 -
Reconciliation of
funds:
Total funds brought forward S23 - - - - -
Total funds carried forward S24 21 - - 21 -

5

THE WHALE COMPANY

Section B Balance sheet

Guidance Note Unrestricted
funds
Restricted
income
funds		 Endowment
funds		 Total this
year		 Total last
year
£ £ £ £ £
Fixed assets F01 F02 F03 F04 F05
Intangible assets (Note 15) B01 - - - - -
Tangible assets (Note 14) B02 2,400 - - 2,400 -
Heritage assets (Note 16) B03 - - - - -
Investments(Note 17) B04 - - - - -
Total fixed assets B05 2,400 - - 2,400 -
Current assets
Stocks (Note 18) B06 - - - - -
Debtors (Note 19) B07 - - - - -
Investments (Note 17.4) B08 - - - - -
Cash at bank and in hand(Note 24) B09 8,046 - - 8,046 -
Total current assets B10 8,046 - - 8,046 -
Creditors: amounts falling due
within one year (Note 20)		 B11 170 - - 170 -
Net current assets/(liabilities) B12 7,876 - - 7,876 -
Total assets less current liabilities B13 10,276 - - 10,276 -
Creditors: amounts falling due after
one year (Note 20)		 B14 - - - - -
Provisions for liabilities B15 - - - - -
Total net assets or liabilities B16 10,276 - - 10,276 -
Funds of the Charity
Endowment funds (Note 27) B17 - -
-
10,276
-		 -
Restricted income funds (Note 27) B18 - -
Unrestricted funds B19 10,276 - -
Revaluation reserve B20
Fair value reserve B21
Total funds B22 10,276 - - 10,276 -
The company was entitled to exemption from audit under s477 of the Companies Act 2006 relating to small
companies.
The members have not required the company to obtain an audit in accordance with section 476 of the
Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies
Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to small companies
subject to the small companies regime and in accordance with FRS102 SORP.
Signed by one or two trustees/directors on behalf of all the
trustees/directors		 Print Name Date of
approval
dd/mm/yyyy
C.J. De Sousa 16.08.2021
Guidance Note Unrestricted
funds
Restricted
income
funds		 Endowment
funds		 Total this
year		 Total last
year
£ £ £ £ £
Fixed assets F01 F02 F03 F04 F05
Intangible assets (Note 15) B01 - - - - -
Tangible assets (Note 14) B02 2,400 - - 2,400 -
Heritage assets (Note 16) B03 - - - - -
Investments(Note 17) B04 - - - - -
Total fixed assets B05 2,400 - - 2,400 -
Current assets
Stocks (Note 18) B06 - - - - -
Debtors (Note 19) B07 - - - - -
Investments (Note 17.4) B08 - - - - -
Cash at bank and in hand(Note 24) B09 8,046 - - 8,046 -
Total current assets B10 8,046 - - 8,046 -
Creditors: amounts falling due
within one year (Note 20)		 B11 170 - - 170 -
Net current assets/(liabilities) B12 7,876 - - 7,876 -
Total assets less current liabilities B13 10,276 - - 10,276 -
Creditors: amounts falling due after
one year (Note 20)		 B14 - - - - -
Provisions for liabilities B15 - - - - -
Total net assets or liabilities B16 10,276 - - 10,276 -
Funds of the Charity
Endowment funds (Note 27) B17 - -
-
10,276
-		 -
Restricted income funds (Note 27) B18 - -
Unrestricted funds B19 10,276 - -
Revaluation reserve B20
Fair value reserve B21
Total funds B22 10,276 - - 10,276 -
The company was entitled to exemption from audit under s477 of the Companies Act 2006 relating to small
companies.
The members have not required the company to obtain an audit in accordance with section 476 of the
Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies
Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to small companies
subject to the small companies regime and in accordance with FRS102 SORP.
Signed by one or two trustees/directors on behalf of all the
trustees/directors		 Print Name Date of
approval
dd/mm/yyyy
C.J. De Sousa 16.08.2021

6

THE WHALE COMPANY

Section C Notes to the accounts

----- Start of picture text -----
Note 1 Basis of preparation
This section should be completed by all charities .
1.1 Basis of accounting
These accounts have been prepared under the historical cost convention with items recognised at cost or
transaction value unless otherwise stated in the relevant note(s) to these accounts.
The accounts have been prepared in accordance with:
the Statement of Recommended Practice: Accounting and Reporting by Charities
• and with  preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014
the Financial Reporting Standard applicable in the United Kingdom and Republic of
• and with
Ireland (FRS 102)
• and with the Charities Act 2011.
The charity constitutes a public benefit entity as defined by
FRS 102.
 -Tick as appropriate
1.2 Going concern
If there are material uncertainties related to events or conditions that cast significant doubt on the
charity's ability to continue as a going concern, please provide the following details or state "Not
applicable", if appropriate:
An explanation as to those factors that support The Covid-19 pandemic has made it impossible for the school
the conclusion that the charity is a going education programmes to continue. However these will
concern; continue after the hiatus and do not impack going concern.
Disclosure of any uncertainties that make the Not applicable
going concern assumption doubtful;
Where accounts are not prepared on a going Not applicable
concern basis, please disclose this fact
together with the basis on which the trustees
prepared the accounts and the reason why the
charity is not regarded as a going concern.
1.3 Change of accounting policy
The accounts present a true and fair view and no changes have been made to the accounting policies adopted in
note { }.
Yes
 -Tick as appropriate
No
Please disclose:
(i) the nature of the change in accounting policy; Not applicable
(ii) the reasons why applying the new accounting policy
provides more reliable and more relevant information; Not applicable
and
(iii) the amount of the adjustment for each line affected Not applicable
in the current period, each prior period presented and
the aggregate amount of the adjustment relating to
periods before those presented, 3.44 FRS102 SORP.
----- End of picture text -----*

7

THE WHALE COMPANY

----- Start of picture text -----
1.4 Changes to accounting estimates
No changes to accounting estimates have occurred in the reporting period (3.46 FRS102 SORP).
Yes
 -Tick as appropriate
No
Please disclose:
(i) the nature of any changes; Not applicable
(ii) the effect of the change on income and expense or
Not applicable
assets and liabilities for the current period; and
(iii) where practicable, the effect of the change in one or Not applicable
more future periods.
1.5 Material prior year errors
No material prior year error have been identified in the reporting period (3.47 FRS102 SORP).
Yes
-Tick as appropriate
No
Please disclose:
(i) the nature of the prior period error; Not applicable
(ii) for each prior period presented in the accounts, the
amount of the correction for each account line item Not applicable
affected; and
(iii) the amount of the correction at the beginning of the Not applicable
earliest prior period presented in the accounts.
----- End of picture text -----

8

THE WHALE COMPANY

Section C Notes to the accounts (cont)

Note 2 Accounting policies
This standard list of accounting policies has been applied by the charity except for those deleted. Where a
different or additional policy has been adopted then this is detailed in the box below.
2.1 RECONCILIATION WITH PREVIOUS GENERALLY ACCEPTED ACCOUNTING
PRACTICE
Please provide a description
of the nature of each change
in accounting policy		 Not applicable
Reconciliation of funds per previous GAAP to funds determined under FRS 102
Start of
period		 End of
period
£ £
Fund balances as previously
stated
Adjustments:
Fund balance as restated
Reconciliation of net income/(net expenditure) per previous GAAP to net income/(net expenditure) under FRS
102
End of
£
Net income/(expenditure) as previously
stated
Adjustments:
Previous period net income/(expenditure)
as restated

9

THE WHALE COMPANY

Section C Notes to the accounts Section C Notes to the accounts Section C Notes to the accounts Section C Notes to the accounts Section C Notes to the accounts (cont) (cont) (cont)
Note 2 Accounting policies
2.2 INCOME
Recognition of income These are included in the Statement of Financial Activities (SoFA) when:

 the charity becomes entitled to the resources;

 it is more likely than not that the trustees will receive the resources;		 Yes*

 the monetary value can be measured with sufficient reliability.		 X
Offsetting There has been no offsetting of assets and liabilities, or income and expenses, unless
required or permitted by the FRS 102 SORP or FRS 102.		 Yes*


Grants and donations Grants and donations are only included in the SoFA when the general income
recognition criteria are met (5.10 to 5.12 FRS102 SORP).		 Yes*


In the case of performance related grants, income must only be recognised to the
extent that the charity has provided the specified goods or services as entitlement to the
grant only occurs when the performance related conditions are met (5.16 FRS 102
SORP).		 N/a*


Legacies Legacies are included in the SOFA when receipt is probable, that is, when there has
been grant of probate, the executors have established that there are sufficient assets in
the estate and any conditions attached to the legacy are either within the control of the
charity or have been met.		 N/a*


Government grants The charity has received government grants in the reporting period No*

X
Tax reclaims on
donations and gifts		 Gift Aid receivable is included in income when there is a valid declaration from the
donor. Any Gift Aid amount recovered on a donation is considered to be part of that
gift and is treated as an addition to the same fund as the initial donation unless the
donor or the terms of the appeal have specified otherwise.		 Yes*


X
Contractual income and
performance related
grants		 This is only included in the SoFA once the charity has provided the related goods or
services or met the performance related conditions.		 Yes*


Donated goods Donated goods are measured at fair value (the amount for which the asset could be
exchanged) unless impractical to do so.		 N/a*


The cost of any stock of goods donated for distribution to beneficiaries is deemed to be
the fair value of those gifts at the time of their receipt and they are recognised on
receipt. In the reporting period in which the stocks are distributed, they are recognised
as anexpense at the carrying amountof the stocks atdistribution.		 N/a*


Donated goods for resale are measured at fair value on initial recognition, which is the
expected proceeds from sale less the expected costs of sale, and recognised in
'Income from other trading activities' with the corresponding stock recognised in the
balance sheet. On its sale the value of stock is charged against 'Income from other
trading activities' and the proceeds from sale are also recognised as 'Income from
other tradingactivities'.		 N/a*


Goods donated for on-going use by the charity are recognised as tangible fixed assets
and included in the SoFA as incoming resources when receivable.		 Yes* No* N/a*


Gifts in kind for use by the charity are included in the SoFA as income from donations
when receivable.		 N/a*


10

THE WHALE COMPANY

Donated services and
facilities		 Donated services and facilities are included in the SOFA when received at the value of
the gift to the charity provided the value of the gift can be measured reliably.		 Yes*


Donated services and facilities that are consumed immediately are recognised as
income with an equivalent amount recognised as an expense under the appropriate
headingin the SOFA.		 Yes*


Support costs The charity has incurred expenditure on support costs. N/a*


Volunteer help The value of any voluntary help received is not included in the accounts but is
described in the trustees’ annual report.		 N/a*


Income from interest,
royalties and dividends		 This is included in the accounts when receipt is probable and the amount receivable
can be measured reliably.		 N/a*


Income from membership
subscriptions		 Membership subscriptions received in the nature of a gift are recognised in Donations
and Legacies.		 N/a*


Membership subscriptions which gives a member the right to buy services or other
benefits are recognised as income earned from the provision of goods and services as
income from charitable activities.		 N/a*


Settlement of insurance
claims		 Insurance claims are only included in the SoFA when the general income recognition
criteria are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other
income in the SoFA.		 N/a*


Investment gains and
losses		 This includes any realised or unrealised gains or losses on the sale of investments and
any gain or loss resulting from revaluing investments to market value at the end of the
year.		 N/a*


2.3 EXPENDITURE AND LIABILITIES
Liability recognition Liabilities are recognised where it is more likely than not that there is a legal or
constructive obligation committing the charity to pay out resources and the amount of
the obligation can be measured with reasonable certainty.		 Yes*


Governance and support
costs
Support costs have been allocated between governance costs and other support.
Governance costs comprise all costs involving public accountability of the charity and
its compliance with regulation and good practice.		 Yes*


Support costs include central functions and have been allocated to activity cost
categories on a basis consistent with the use of resources, eg allocating property costs
by floor areas, or per capita, staff costs by the time spent and other costs by their
usage.		 N/a*


Grants with performance
conditions		 Where the charity gives a grant with conditions for its payment being a specific level of
service or output to be provided, such grants are only recognised in the SoFA once the
recipient of the grant has provided the specified service or output.		 N/a*


Grants payable without
performance conditions		 Where there are no conditions attaching to the grant that enables the donor charity to
realistically avoid the commitment, a liability for the full funding obligation must be
recognised.		 N/a*


Redundancy cost The charity made no redundancy payments during the reporting period. Yes*


Deferred income No material item of deferred income has been included in the accounts. Yes*


Creditors The charity has creditors which are measured at settlement amounts less any trade
discounts		 Yes*


Provisions for liabilities A liability is measured on recognition at its historical cost and then subsequently
measured at the best estimate of the amount required to settle the obligation at the
reporting date		 Yes*


Basic financial
instruments
The charity accounts for basic financial instruments on initial recognition as per
paragraph 10.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17
to 11.19, FRS102 SORP.		 N/a*


11

THE WHALE COMPANY

2.4 ASSETS
Tangible fixed assets for
use by charity		 These are capitalised if they can be used for more than one year, and cost at least
They are valued at cost. Yes
X
The depreciation rates and methods used are disclosed in note 14.
Intangible fixed assets The charity has intangible fixed assets, that is, non-monetary assets that do not have
physical substance but are identifiable and are controlled by the charity through
custody or legal rights. The amortisation rates and methods used are disclosed in note
15.		 No*


They are valued at cost. N/a*


Heritage assets The charity has heritage assets, that is, non-monetary assets with historic, artistic,
scientific, technological, geophysical or environmental qualities that are held and
maintained principally for their contribution to knowledge and culture. The depreciation
rates and methods used as disclosed in note 16.		 N/a*


N/a*
They are valued at cost.

Investments Fixed asset investments in quoted shares, traded bonds and similar investments are
valued at initially at cost and subsequently at fair value (their market value) at the year
end. The same treatment is applied to unlisted investments unless fair value cannot be
measured reliably in which case it is measured at cost less impairment.		 N/a*


Investments held for resale or pending their sale and cash and cash equivalents with a
maturity date of less than 1 year are treated as current asset investments		 N/a*


Stocks and work in
progress		 Stocks held for sale as part of non-charitable trade are measured at the lower or cost
or net realisable value.		 N/a*


Goods or services provided as part of a charitable activity are measured at net
realisable value based on the service potential provided by items of stock.		 N/a*


Work in progress is valued at cost less any foreseeable loss that is likely to occur on
the contract.		 N/a*


Debtors Debtors (including trade debtors and loans receivable) are measured on initial
recognition at settlement amount after any trade discounts or amount advanced by the
charity. Subsequently, they are measured at the cash or other consideration expected
to be received.		 Yes*


Current asset
investments		 The charity has investments which it holds for resale or pending their sale and cash
and cash equivalents with a maturity date less than one year. These include cash on
deposit and cash equivalents with a maturity of loss than one year held for investment
purposes rather than to meet short-term cash commitments as they fall due.		 N/a*


N/a*
They are valued at fair value except where they qualify as basic financial instruments.

POLICIES ADOPTED
ADDITIONAL TO OR
DIFFERENT FROM
THOSE ABOVE

12

THE WHALE COMPANY

Section C Notes to the accounts (cont)

Section C Notes to the accounts (cont) Section C Notes to the accounts (cont) Section C Notes to the accounts (cont) Section C Notes to the accounts (cont) Section C Notes to the accounts (cont) Section C Notes to the accounts (cont) Section C Notes to the accounts (cont) Section C Notes to the accounts (cont) Section C Notes to the accounts (cont) Section C Notes to the accounts (cont)
Note 3 Income
Analysis of income Unrestricted
funds
Restricted
income
funds		 Endowment
funds		 Total funds Prior year
£ £
Donations
and
legacies:		 Donations and gifts 648 - - 648 -
Gift Aid - - - - -
Legacies - - - - -
General grants provided by government/other
charities		 - - - - -
Membership subscriptions and sponsorships
which are in substance donations		 - - - -
Donated goods,facilities and services - - - - -
Other - - -
Total 648 - - 648 -
Charitable
activities:		 - - - - -
- - - - -
- - - - -
Other - - - - -
Total - - - - -
Other trading
activities:		 - - - - -
- - - - -
- - - - -
Other - - - - -
Total - - - - -
Income from
investments:		 Interest income - - - - -
Dividend income - - - - -
Rental and leasing income - - - - -
Other - - - - -
Total - - - - -
Separate
material item
of income		 - - - - -
- - - - -
- - - - -
- - - - -
Total - - - - -
Other: Conversionofendowmentfundsintoincome - - - - -
Gain on disposal of a tangible fixed asset held
for charity's own use
-		 - - - -
Gain on disposal of a programme related
investment		 - - - - -
Royalties from the exploitation of intellectual
property rights		 - - - - -
Other - - - - -
Total - - - - -
TOTAL INCOME 648 - - 648 -
Other information:
All income in the prior year was unrestricted except for:
(please provide description and amounts)		 N/A
Where any endowment fund is converted into income in the
reporting period, please give the reason for the conversion.		 N/A
Where any endowment fund is converted into income in the
prior period, please give the reason for the conversion.		 N/A
Within the income items above the following items are
material: (please disclose the nature, amount and any prior
year amounts)		 N/A
This year: Where sums originally denominated in foreign
currency have been included in income, explain the basis on
which those sums have been translated into sterling (or the
currency in which the accounts are drawn up).		 N/A
Last year: Where sums originally denominated in foreign
currency have been included in income, explain the basis on
which those sums have been translated into sterling (or the
currency in which the accounts are drawn up).		 N/A

13

THE WHALE COMPANY

Section C Notes to the accounts Section C Notes to the accounts Section C Notes to the accounts Section C Notes to the accounts Section C Notes to the accounts Section C Notes to the accounts Section C Notes to the accounts (cont)
Note 6 Expenditure
This year Last year
Analysis Unrestricted
funds
Restricted
income
funds		 Endowment
funds
Total funds		 Unrestricted
funds
Restricted
income
funds		 Endowment
funds		 Total funds
Expenditure on raising funds: £ £
Incurred seeking donations - - - - - - -
Incurred seeking legacies - - - - - - - -
Incurred seeking grants - - - - - - - -
Operating membership schemes and social
lotteries		 - - - - - - - -
Staging fundraising events - - - - - - - -
Fudraising agents - - - - - - - -
Operating charity shops - - - - - - - -
Operating a trading company undertaking
non-charitable trading activity		 - - - - - - - -
Advertising, marketing, direct mail and
publicity		 - - - - - - - -
Start up costs incurred in generating new
source of future income		 - - - - - - -
Database development costs - - - - - - - -
Other trading activities - - - - - - - -
Investment management costs: - - - - - - - -
Portfolio management costs - - - - - - - -
Cost of obtaining investment advice - - - - - - - -
Investment administration costs - - - - - - - -
Intellectual property licencing costs - - - - - - - -
Rent collection, property repairs and
maintenance charges		 - - - - - - - -
- - - - - - - -
Total expenditure on raising funds - - - - - - - -
Expenditure on charitable activities:
Project Costs - - - - - - - -
Travel - - - - - - - -
- - - - - - - -
- - - - - - - -
Total expenditure on charitable activities - - - - - - - -
Separate material item of expense
- - - - - - -
- - - - - - -
- - - - - - - -
Total - - - - - - - -
Other
Internet 157 - - 157 - - - -
Bookkeeping 170 - - 170 - - - -
Charityset upfees - - - - - - - -
Depreciation 300 - - 300 - - - -
Total other expenditure 627 - - 627 - - - -
TOTAL EXPENDITURE 627 - - 627 - - - -

14

THE WHALE COMPANY
Other information:
Analysis of expenditure on charitable activities
This year Last year
Activity or programme Activities
undertaken
directly		 Grant
funding of
activities		 Support
Costs		 Total this
year		 Activities
undertaken
directly		 Grant
funding of
activities		 Support
Costs		 Total last
year
£ £ £ £ £ £ £ £
School Education workshops - - - - 2,322 - - 2,322
Source to sea expedition - - - - 150 - - 150
Other - - - - - - - -
Total - - - - 2,472 - - 2,472
This year: Where sums originally denominated in foreign currency
have been included in expenditure, explain the basis on which those
sums have been translated into sterling (or the currency in which the
accounts are drawn up).		 Not Applicable
Last year: Where sums originally denominated in foreign currency
have been included in expenditure, explain the basis on which those
sums have been translated into sterling (or the currency in which the
accounts are drawn up).		 Not Applicable

15

THE WHALE COMPANY

Section C Notes to the accounts (cont)
Note 14 Tangible fixed assets
Please complete this note if the charity has any tangible fixed assets
14.1 Cost or valuation
Freehold land &
buildings		 Other land &
buildings		 Plant, machinery and
motor vehicles		 Fixtures, fittings and
equipment		 Total
£ £ £ £ £
At the beginning of
theyear		 - - 3,000 - 3,000
Additions - - - - -
Revaluations - - - - -
Disposals - - - - -
Transfers * - - - - -
At end of the year - - 3,000 - 3,000
14.2 Depreciation and impairments
**Basis SL or RB (Straight
Line or Reducing
Balance)		 SL or RB SL or RB SL or RB SL or RB
** Rate 10%
At beginning of the
year		 - - 300 - 300
Disposals - - - - -
Depreciation SL - 300 - 300
Impairment - - - - -
Transfers* - - - - -
At end of the year - - 600 - 600
14.3 Net book value
Net book value at the
beginning of the year		 - - 2,700 - 2,700
Net book value at the
end of the year		 - - 2,400 - 2,400
14.4 Impairment
This year: Please provide a description of the events and
circumstances that led to the recognition or reversal of an
impairment loss.
Last year: Please provide a description of the events and
circumstances that led to the recognition or reversal of an
impairment loss.
14.5 Revaluation
If an accounting policy of revaluation is adopted, please provide: This year Last year
the effective date of the revaluation
the name of independent valuer, if applicable
the methods applied and significant assumptions
the carrying amount that would have been recognised had
the assets been carried under the cost model.		 - -
14.6 Other disclosures
~~16~~ This year Last year
£ £
(i) Please state the amount of borrowing costs, if any, capitalised in the
construction of tangible fixed assets and the capitalisation rate used.		 - -

THE WHALE COMPANY

Section C Notes to the accounts (cont) Section C Notes to the accounts (cont) Section C Notes to the accounts (cont) Section C Notes to the accounts (cont) Section C Notes to the accounts (cont)
Note 20 Creditors and accruals
Please complete this note if the charity has any creditors or accruals.
20.1 Analysis of creditors
Amounts falling due
within one year		 Amounts falling due after
more than one year
This year Last year This year Last year
£ £ £ £
Accruals for grants payable - - - -
Bank loans and overdrafts - - - -
Trade creditors - - - -
Payments received on account for contracts
or performance-related grants		 - - - -
Accruals and deferred income - - - -
Taxation and social security - - - -
Other creditors 170 - - -
Total 170 - - -

17

THE WHALE COMPANY

Section C Notes to the accounts Section C Notes to the accounts Section C Notes to the accounts (cont) (cont)
Note 24 Cash at bank and in hand
This year Last year
£ £
Short term cash investments (less than 3 months maturity date) - -
Short term deposits - -
Cash at bank and on hand 8,046 7,550
Other - -
Total 8,046 7,550

18