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2021-03-31-accounts

Page
Report ofthe Trustees 1 to 3
Independent
Examiner's		 Report
Statement ofFinancial Activities
Balance Sheet
Cash Flow Statement
Notes to the Cash Flow Statement
Notes to the Financial Statements 9 to 15
Detailed Statement ofFinancial Activities 16 to 17

for the Year Ended 31 March 2021
Period
29/11/18
Year ended to
31/3/21 31/3/20
Unrestn cled Total
fund funds
Notes 8 F
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 387,459 370,919
Other trading activities 431,160
Total 818,619 370,919
EXPENDITURE ON
Raising funds 7,741 13,065
Charitable
activities
Defibrillators &Training 667,058 254,442
Other 101,953 99,537
Total 776,752 367,044
NET INCOME 41,867 3,875
RECONCILIATION OF FUNDS
Total funds brought forward 3,875
TOTAL FUNDS CARRIED FORWARD 45,742 3,875

( Charitab le
Incorporated
Organisa
Balance Sheet
31 INarch 2021		 tion
)
2021 2020
Unrestricted Total
Notes fund
E		 fundsf
FIXEDASSETS
Tangible assets 107,086 122,388
CURRENT ASSETS
Stocks 12 122,252 55,518
Debtors 13 2,170 7,271
Cash at bank 6,481 5,143
130,903 67,932
CREDITORS
Amounts
falling due within one year		 14 (111,783) (86,061)
NET CURRENT ASSETS 19,120 (18,129)
TOTAL ASSETSLESSCURRENT
LIABILITIES 126,206 104,259
CREDITORS
Amounts
falling due after more than one		 year 15 (80,464) (100,384)
NET ASSETS 45,742 3,875
FUNDS 17
Unrestricted
funds		 45,742 3,875
TOTAL FUNDS 45,742 3,875

for Cash Flow St
the Year Ended		 atement
31 INarch 2021
Period
29/11/18
Year ended to
Notes 31/3/21
E		 31/3/20
f
Cash flows from operating activities
Cash generated
from operations		 1 27,076 35,037
Interest paid (5,818) (3,715)
Net cash provided by operating
activities		 21,258 31,322
Cash flows from investing activities
Purchase
oftangible
fixed assets		 (143,031)
Net cash provided by/(used in) investing activities (143,031)
Cash flows from financing activities
Capital repayments
in year		 (19,920) 116,852
Net cash (used in)/provided by financing activities (19,920) 116,852
Change
in cash		 and cash equivalents
in the reporting period 1,338 5,143
Cash and cash equivalents at the
beginning
ofthe		 reporting period 5,143
Cash and cash equivalents at the end
ofthe reporting period 6,481 5,143

Period
29/11/18
to
31/3/20
Net income for the reporting period (as per the Statement of
Financial Activities) 41,867 3,875
Adjustments
for:
Depreciation
charges		 15,302 20,643
Interest paid 5,818 3,715
Increase
in stocks		 (66,734) (55,518)
Decrease/(increase) in debtors 5,101 (7,271)
Increase
in creditors		 25,722 69,593
Net cash provided by operations 27,076 35,037
2. ANALYSIS OF CHANGES IN NET DEBT
At 1/4/20 Cash flow At 31/3/21
f F
Net cash
Cash at bank 5,143 1,338 6,481
5,143 1,338 6,481
Debt
Finance leases (116,852) 19,920 (96,932)
(116,852) 19,920 (96,932)
Total (111,709) 21,258 (90,451)

Period
29/1 1/18
Year ended to
31/3/21 31/3/20
8 F
Donations 294,407 312,756
Gift aid 70,052 53,663
Grants 23,000 4,500
387,459 370,919
Grants received, included in the above, are as follows:
Period
29/11/18
Year ended to
31/3/21 31/3/20
8 f
Other grants 23,000 4,500
OTHER TRADING ACTIVITIES
Period
29/11/18
Year ended to
31/3/21
f		 31/3/20
f
Defib &Cabinet sales 431,160

Raising do nations
and legacies
Period
29/11/18
Year ended to
31/3/21
f		 31/3/20
F
Advertising & Marketing 7,741 13,065
CHARITABLE ACTIVITIES COSTS
Direct
Costs
6
Defibrillators &Training 667,058

SUPPORT COSTS
Human Governance
Management resources costs
f		 Totals
f
Other resources expended 68,351 31,602 2,000 101,953

Period
29/11/18
Year ended to
31/3/21 31/3/20
F 6
Wages and salaries 5,988 6,973
5,988 6,973
The average
 monthly
n		 umber ofem ployees
during the year was as		 follows:
Period
29/11/18
Yearended to
31/3/21 31/3/20
Support 8 Administration staff 4 2
No employees received emoluments in excess off60,000.

Unrestricted
fund
5
INCONIE AND ENDOWMENTS FROM
Donations
and legacies		 370,919
EXPENDITURE ON
Raising funds 13,065
Charitable
activities
Defibrillators
&Training		 254,442
Other 99,537
Total 367,044
NET INCOME 3,875
TOTAL FUNDS CARRIED FORWARD 3,875
TANGIBLE FIXEDASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
F 6 6 5
COST
At 1 April 2020 and 31 March 2021 2,185 137,400 3,446 143,031
DEPRECIATION
At 1 April 2020 546 19,236 861 20,643
Charge for year 546 14,110 646 15,302
At 31 March 2021 1,092 33,346 1,507 35,945
NET BOOK VALUE
At 31 March 2021 1,093 104,054 1,939 107,086
At 31 March 2020 1,639 118,164 2,585 122,388

Motor
vehicles
F
COST
At 1 April 2020 and 31 March 2021 137,400
DEPRECIATION
At 1 April 2020 19,236
Charge for year 14,110
At 31 March 2021 33,346
NET BOOK VALUE
At 31 March 2021 104,054
At 31 March 2020 118,164
12. STOCKS
2021 2020
6
Stocks 122,252 55,518
13. DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
F
VAT 2,170 7,271
14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
Hire purchase (see note 16) 16,468 16,468
Taxation and social security (2,643) 793
Other creditors 97,958 68,800
111,783 86,061

15. CREDIT ORS: AMOUNT S FALL ING DUE AF TER MORE THAN ONE YE AR
2021 2020
8 8
Hire purchase (see note 16) 80,464 100,384
18. LEASING AGREEMENTS
Minimum lease payments under hire purchase fall due as follows:
2021 2020
8 E
Net obligations repayable:
Within one year 16,468 16,468
Between one and five years 80,464 100,384
96,932 116,852
17. MOVEMENT IN FUNDS
Net
movement At
At 1/4/20 in funds 31/3/21
F
Unrestricted funds
General fund 3,875 41,867 45,742
TOTALFUNDS 3,875 41,867 45,742
Net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
E F
Unrestricted funds
General fund 818,619 (776,752) 41,867
TOTAL FUNDS 818,619 (776,752) 41,867

Compar atives for movement
in funds
Net
movement At
in funds 31/3/20
Unrestricted funds
General fund 3,875 3,875
TOTAL FUNDS 3,875 3,875

Comparative net movement
in funds,
inc		 luded
in the above are as follows:
Incoming Resources Movement
resources
6		 expended
F		 in funds
f
Unrestricted funds
General fund 370,919 (367,044) 3,875
TOTAL FUNDS 370,919 (367,044) 3,875