2021-01-31-accounts

		Pages
Trustee's Annual Report
Independent Examiner's	Report
Statement of Financial Activities
Balance Sheet
Notes to the Accounts
Detailed Statement ofFinancial Activities		13to 14

for the year	ended 31January	2021
			Unrestrfcted	Restricted
			funds	funds	Total funds	Total funds
			2021	2021	2021	2020
		Notes	E	E		E
Income and	endowments
from:
Donations	and legades		1,559		1,559	8,000
Charitable	activities			25,000	25,000	33,316
Total			1,559	25I000	26,559	41,316
Expenditure	on.
Charitable	activities		5,473		5,473	5,291
Other			194	3,193	3,387	1,122
Total			5,667	3,193	8,860	6,413
Net gains on	investments
Net income			(4,108)	21,807	17,699	34,903
Transfers between funds			12,500	(12,500)
Net Income gains/(losses)	before other		8,392	9,307	17,699	34,903
Other gains	and losses
Net movement ln funds			8,392	9,307	17,699	34,903
Reconciliation offunds:
Total funds brought forward			(366)	29,879	29,513	(5,390)
Total funds carried forward			8,026	39,186	47,212	29,513

Charity No. 11808	10		2021	2020
			6	6
Fixed assets
Tangible assets		9	3,998
			3,998
Current assets
Cash at bank and in hand			46,280	30,113
			46,280	30,113
Creditors: Amount	falling due within one year	10	(3,066)	(600)
Net current assets			43,214	29,513
Total assets less current liabilities			47,212	29,513
Net assets excluding pension asset or liability			47,212	29,513
Total net assets			47,212	29,513
The funds ofthe charity
Restricted funds
Restricted Income funds			39,186	29,879
			39,186	29,879
Unrestricted funds
General funds			8,026	(366)
			8,026	(366)
Reserves
Total funds			47,212	29,513

2	Statem	ent	of Financial	Activities - prior year
					Unrestricted	Restricted
					funds	funds	Total funds
					2020	2020	2020
Income and endowments				from;
	Donations		and legades		8,000		8,000
	Charitable		activities		3,437	29,879	33,316
Total					11,437	29,879	41,316
Expenditure		on:
	Charitable		activities		5,291		5,291
	Other				1122		1,122
Total					6,413		6,413
Net Income					5,024	29,879	34,903
Net Income		before other
gains/(losses)					5,024	29,879	34,903
Other gains		and losses;
Net	movement		in funds		5,024	29,879	34,903
Reconciliation			offunds:
Total funds		brought forward			(5,390)		(5,390)
Total funds		carried forward			(366)	29,879	29,513
3	Income	from donations		and legacies
					Unrestricted	Total	Total
						2021	2020
					E	E
	Donations		received		1,559	1,559
	Mldsomer		Norton Town
	Council	Loan Grant					8,000
					1,559	1,559	8,000
4	Income	from charitable		activities
					Restrkted	Total	Total
						2021	2020
	Mldsomer		Norton Town
	Council				25,000	25,000	25,000
	Mldsomer		Norton Town
	Council	CCTV					4,879
	Mldsorner		Norton Town
	Coundl	Legal Fees Grant					3,437
					25,000	25,000	33,316

5	Expenditure	on charit	able activities
					Unrestricted	Total	Total
						2021	2020
	Expenditure	on charitable
	acrlvltles
	Poppy Appeal Wreath				20	20
	Governance	costs
	Legal Fees				4,853	4I853	4,691
	Accountancy	fees			600	600	600
					5,473	5,473	5,291
6	Other expenditure
				Unrestricted	Restrkted	Total	Total
						2021	2020
	Employee costs				1,841	1,841
	Premises costs				20	20
	Depreciation	offixed assets			1332	1332
	General administrative		costs	72		72	72
	Legal and professional		costs	122		122	1,050
				194	3,193	3,387	1,122
7	Net Income	before transfers
					2021		2020
	This Is stated	after charging:			f		f
	Depreciation	ofowned	fixed assets		1332
8	Staff costs
	Salaries and	wages			1,841
					1,841

Tangible fixe	d assets
		kind end
		bugdlngs	Equipment	Total
Cost or revaluation
Additions			5,329	5,330
At 31January	2021	1	5,329	5,330
Depreciation	and
impairment
Depredation	charge for the		1,332	1,332
year
At 31January	2021		1,332	1332
Net book values
At 31January	2021	1	3,997	3,998

				2021	2020
					E
Accruals	and	deferred	Income	3,066	600
				3,066

Movement	In funds
			Incoming
		At 1 February	resources (indudlng other	Resources expended	Gross transfers	At 31 January 2021
		2020	gains/losses)
			E
Restricted	funds:
Restricted	income funds:
Town Trust	Offic and Trust
Secretary Grant		25,000	25,000	(1,861)	(12,500)	35,639
CCTV Grant		4,879		(1,332)		3,547
Total		29,879	25,000	(3,193)	(12,500)	39,186
Unrestrkted	funds,
General funds		(366)	1,559	(5,667)	12,500	8,026
Revaluation	Reserves:
Total funds		29,513	26,559	(8,860)		47,212

12	Analysis ofne	t assets between funds
			Unrestricted	Restricted
			funds	funds	Total
			f	f	f
	Fixed assets		1	3,997	3,998
	Net current assets		8,025	35,189	43,214
			8,026	39,186	47,212
13	Reconciliation	ofnet debt
					At 31
			At 1February		January
			2020	Cash flows	2021
			E	f	f
	Cash and cash	equivalents	30,113	16,167	46,280
			30/113	16,167	46,280
	Net debt		30,113	16,167	46,280

for the year ended	31	January 202	1
				Unrestricted	Restricted
				funds	funds	Total funds	Total funds
				2021	2021	2021	2020
				E	E	E'
Income and endowments from:
Donations and legacies
Donations received				1,559		1,559
Mldsomer Norton	Town Council Loan Grant						8,000
				1,559		1,559
Charitable activities
Midsomer Norton	Town Council				25,000	25,000	25,000
Mldsomer Norton Town Council CCTV							4,879
Mldsomer Norton Town CounrJI Legal Fees
Grant							3,437
					25,000	25,000	33,316
Total Income and endowments				1,559	25,000	26,559	41316
Expenditure on:
Charitable activities
Mldsomer Norton Town Council				20		20
				20		20
Governance costs
Legal Fees				4,853		4,853	4,691
Accountancy fees				600		600	600
				5,453		5,453	5,291
Total ofexpenditure	on charitable		activities	5,473		5,473	5,291
Employee costs
Salaries/wages					1,841	1,841
					1,841	1,841
Premises costs
Light, heat and power					20	20
					20	20
General administrative		costs
Depreciation ofEquipment					1,332	1,332
Rank charges				72		72	72
				72	1,332	1,404	72
Legal and professional		costs
Accountancy and bookkeeping				122		122
Consultancy fees							1,050
				122		122	1,050
Total ofexpenditure	of	other costs		194	3,193	3,387	1,122