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