| Page | ||||
|---|---|---|---|---|
| Report ofthe Trustees | 1 | to | 6 | |
| Independent Examiner's Report |
||||
| Statetnent ofFinancial Actitdties |
||||
| Statement ofFinancial Position | 9 | to | 10 | |
| Notes to the Financial Statements | 11 | to | 18 | |
| Detailed Statement ofFinancial | Actiolties | 19 | to | 20 |
| for the | year ende | d 31March 2 | 021 | ||||
|---|---|---|---|---|---|---|---|
| 2021 | 20'io | ||||||
| Unrcstrimed | Restricted | Total | Total | ||||
| fund | fund | funds | funds | ||||
| Notes | 6 | 8 | |||||
| INCOME | AND ENDOWMENTS FROM | ||||||
| Donations | and legacies | 25334 | 25334 | 29,789 | |||
| Charitable | activities | ||||||
| Grants rccicvcd | 52,834 | 187,795 | 240,629 | 220,322 | |||
| Books and | training | 72,345 | 72345 | 50,303 | |||
| lnvestinent | income | 17 | |||||
| Total | 150,517 | 187,795 | 338/12 | 300,431 | |||
| EXPENIIITURE ON | |||||||
| Charitable | activities | ||||||
| Books aod | training | 85,557 | 78,737 | 164,294 | 117,489 | ||
| Charitable | projects | 1,148 | 2S,700 | 29,848 | 66,184 | ||
| Office and | admin costs | 30,969 | 6f,223 | 97,192 | 101.204 | ||
| Other | 6,783 | 6,783 | 6,675 | ||||
| Total | 124,457 | 173,660 | 298,117 | 291,552 | |||
| NET INCOME | 26,060 | 14,135 | 401195 | ||||
| RECONCILIATION | OF FUNDS | ||||||
| Total funds brought forward | 62,564 | 62,564 | 53,685 | ||||
| TOTAL FUNDS CARRIED FORWARD | ~88 624 | 14,135 | ~102 759 | 62,564 |
| 31M | arch 2021 | ||||
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| Unrestricted | Restricted | Tutal | Total | ||
| Notes | fund I |
fund | funds | fundsI | |
| FIXEDASSETS | |||||
| Tangible assets | 9 | 3,050 | 3,050 | 350 | |
| CURRENT ASSETS | |||||
| Stocks | ]0 | 31,090 | 31,090 | 66,668 | |
| Debtors | I 1 | 27,992 | 27,992 | 59,374 | |
| Cash at bank and in hand | 102,656 | ~IIS363 | ~221 019 | 107,840 | |
| 161,738 | 118,363 | 280,101 | 233,882 | ||
| CREDITORS | |||||
| Amounts falling due ivithin one year |
12 | (55,083) | (104,22&) | (159311) | (135,201) |
| NET CURRENT ASSETS | 106,655 | 14,135 | 120,790 | 98,681 | |
| TOTAL ASSETSLESSCURREVT | |||||
| LIABILITIES | 109,705 | 14,135 | 123,840 | 99,031 | |
| CREDITORS | |||||
| Amounts falling due after more than one year |
13 | (21,081) | ~ | (21,081) | (36,467) |
| NET ASSETS | ~88 624 | 14,135 | ~102759 | 62,564 | |
| FUNDS | |||||
| Unrestricted funds |
88,624 | 62,564 | |||
| Restricted fiuids | ~14 135 | ||||
| TOTAL FUNDS | ~102759 | 62,564 |
| 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|
| 8 | |||||||
| Deposit account interest | 4 | 17 | |||||
| 3. | CHARITABLE ACTIVITIES COSTS | ||||||
| Support | |||||||
| Direct | costs (see | ||||||
| Costs | note 4) | Totals f |
|||||
| Books and | training | 161,229 | 3,065 | 164/94 | |||
| Charitable Office and |
projects admin costs |
29,848 ~3225 |
~93967 | 29,848 97,192 |
|||
| ~194 302 | ~97 032 | ~291334 | |||||
| 4. | SUPPORT | COSTS | |||||
| Governance | |||||||
| IVlanagement f |
Finance | costs | Totaks | ||||
| Other resources expended | 6,783 | 6,783 | |||||
| Books and | training | 2,945 | 120 | 3,065 | |||
| Office and | admin costs | ~89 564 | 4,403 | ~93 967 | |||
| 92,509 | ~4523 | ~6783 | ~103 815 | ||||
| Support costs, included | in the above, are as follows: | ||||||
| Governance | costs | ||||||
| 2021 | 2020 | ||||||
| Other | |||||||
| resources | Total | ||||||
| expended | activities f |
||||||
| Independent | examiners | fees | 1,750 | 1,825 | |||
| Accountancy | and bookkeeping | 3,938 | 2,632 | ||||
| Legal fees | 1,095 | 2418 | |||||
| ~6675 |
| 2021 8 |
2020I | |||
|---|---|---|---|---|
| Independent | examiners | fees | 1,750 | 1,825 |
| Depreciation | - ovued | assets | 786 | 1,0)9 |
| SfAF | F COS18 | ||
|---|---|---|---|
| 2021 | 2020 | ||
| 6 | |||
| Wages | and salaries | 76,887 | 75,562 |
| Social | security costs | 2,841 | 3,831 |
| Other | pension costs | 1.722 | ~1709 |
| 8 450 | ~8) 102 |
| The average monthly | number ofemployees | dunng | thc year was as follows: | ||
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| OKce and administration | 3 | 3 |
| for the year ended 31March 2021 | ||||||
|---|---|---|---|---|---|---|
| 9. | TANGIBLE | FIXEDASSETS | ||||
| Fixtures | ||||||
| and | Computer | |||||
| fittings | equipment | Totals | ||||
| f, | ||||||
| COST | ||||||
| At 1 April 2020 | 8,554 | 700 | 9,254 | |||
| Additions | 173 | ~3313 | ~3486 | |||
| At 31 March | 2021 | ~8727 | 4 | 013 | 1~2740 | |
| DEPRECIATION | ||||||
| At 1 April 2020 | 8,554 | 350 | 8,904 | |||
| Charge for year | 786 | 786 | ||||
| At 31 March | 2021 | ~8554 | ~1136 | ~9690 | ||
| NET BOOK | VALUE | |||||
| At 31 March | 2021 | 173 | ~877 | 3,050 | ||
| At 31 March | 2020 | 350 | 350 | |||
| 10. | STOCKS | |||||
| 2021 | 2020 | |||||
| f | ||||||
| Stocks | ~31 | 090 | 66 668 | |||
| 11. | DEBTORS: | AMOUNTS FALLING DUE WITIITN ONK YEAR | ||||
| 2021 | 2020 | |||||
| f | ||||||
| Trade debtors | 26,721 | 54,181 | ||||
| VAT | 989 | |||||
| Prepayments | and accrued income | 282 | ~5193 | |||
| ~27 | 992 | 59374 |
| 2021 | 2021 | 2020 | ||||
|---|---|---|---|---|---|---|
| 8 | ||||||
| Other loans (see note 14) | 20,228 | 18,983 | ||||
| Trade creditors | 17,211 | 6,198 | ||||
| Social security and other taxes | 1,765 | 133 | ||||
| Pensions payable | 331 | 352 | ||||
| VAT | 1,061 | |||||
| Accruals and deferred income (see note 17regarding |
deierred | income) | ~II9 | 776 | 108,474 | |
| ~159 | 311 | 135,201 | ||||
| 13. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | |||||
| 2Q21 | 2020 | |||||
| Other loans (see note l4) | ~21 | 081 | 36,467 | |||
| 14. | LOANS | |||||
| An analysis ofthe maturity ofloans is given below: | ||||||
| 2Q21 | 2020 | |||||
| 8 | ||||||
| Arnouuts falling due ivithin oue year on demand: |
||||||
| Other loans | ~20 | 228 | 18,983 | |||
| Amounts falling between one and two years: |
||||||
| Other loans - 1-2years | ~21 | 081 | ~36 467 |
| MOVEisIENT X%FU7Xl)S |
|||
|---|---|---|---|
| Net | |||
| movement | At | ||
| At 1.4.20 | in funds I |
31,3.21 | |
| Unrestricted funds |
|||
| General fuad |
62,564 | 26,060 | 88,624 |
| Restricted funds |
|||
| Grants and donations | 14,135 | 14,135 | |
| TOTAL FUNDS | 62,564 | 40,195 | 102,759 |
| Incoming | Resources | Movement | ||||
|---|---|---|---|---|---|---|
| resources f |
cxpcndcd | in funds 6 |
||||
| Unrestricted | funds | |||||
| General fund |
150,517 | (124,457) | 26,060 | |||
| Restricted funds | ||||||
| Grants and donations | 187,795 | (173,660) | 14,135 | |||
| TOTAL FUNDS | ~338 12 |
~298117) | ~40 195 | |||
| Comparatlves | for movement | in funds | ||||
| Net | ||||||
| movement | At | |||||
| At 1.4.19 | in funds | 31.3.20 | ||||
| 5 | f | |||||
| Unrestricted | funds | |||||
| General fund | 53,685 | 8,879 | 62,564 | |||
| TOTAL FUNDS | 53,685 | 8 879 | 62,564 | |||
| Comparative | net movement | in | funds, included | in the above are as follows: | ||
| Inconting | Resources | Movement | ||||
| resources | expended | in funds I |
||||
| Unrestricted | funds | |||||
| General fund | 122,729 | (113,850) | 8,879 | |||
| Restricted funds | ||||||
| Grants and donations | 177,702 | (177,702) | ||||
| TOTAI. FUNDS | 300,431 | ~291 552) | 8,879 |
| Net | ||||
|---|---|---|---|---|
| movement | ||||
| At 1.4.19 | in funds | 31.3.21 | ||
| I | ||||
| Unrestricted | funds | |||
| General fund | 53,685 | 34,939 | 88,624 | |
| Restricted funds | ||||
| Grants snd donations | 14,135 | 14,135 | ||
| TOTAL FU'N | DS | 53,685 | ~49 074 | 102,759 |
| incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| 6 | f. | ||
| Unrestricted funds |
|||
| General fund | 273,246 | (238,307) | 34,939 |
| Restricted funds | |||
| Grants and donations | 365,497 | (351.362) | 14,l35 |
| TOTAl. FUNDS | 638,743 | ~589,669) | 49,074 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| g | f. | |||
| Balance | as at l April 2020 | 105,052 | 62,499 | |
| Amount | released to grants and donations | receh ed | (105,052) | (62,499) |
| Amounts | deferred in the year | ~110253 | ~10505 |
for the year ended 31 |
March 2021 | |||
|---|---|---|---|---|
| 2021I | 2020 | |||
| INCOME AND | ENDOWMENTS | |||
| Donations and |
legades | |||
| Gills | 2 | |||
| Donations | 25932 | ~29 789 | ||
| 25,334 | 29,789 | |||
| Investment income |
||||
| Deposit account | interest | 17 | ||
| CharItable activities |
||||
| Books and training | 72,345 | 50,303 | ||
| Grants | ~240 629 | 220,322 | ||
| ~312 74 |
270,625 | |||
| Total incoming | resources | 338412 | 300,431 | |
| EXPENDITURE | ||||
| Charitable activities |
||||
| Books and training costs | 92,417 | 41,830 | ||
| Commission | 225 | 261 | ||
| Subcontractors | 58,455 | 63,166 | ||
| Postage and carriage | 4,080 | 4,043 | ||
| Project costs | 27,438 | 63,590 | ||
| Consultancy fees |
~116S7 | 8,103 | ||
| 194302 | 180,993 | |||
| Support costs | ||||
| Management | ||||
| Wages | 76,887 | 75,562 | ||
| Social security | 2,841 | 3,831 | ||
| Pensions | 1,722 | 1,709 | ||
| Rent | 3,292 | 6,940 | ||
| Insurance | 1,993 | 2,067 | ||
| Advertising | 531 | 526 | ||
| Sundries | 604 | 518 | ||
| Staff welfare snd entertaining | 227 | |||
| Stafftraining | 199 | 1,273 | ||
| Travel snd subsistence | 308 | 2,583 | ||
| Printing, postage, |
stationer& | 129 | 799 | |
| Softivare and IT costs | 2,868 | 2,955 | ||
| Subscriptions | 962 | 489 | ||
| Other support | costs | 173 | 525 | |
| 92,509 | 100,004 |
| for the year ended 31M | arch 2021 | |||
|---|---|---|---|---|
| 2021 | 2020 | |||
| Management | ||||
| Finance | ||||
| Bank charges | 438 | 1,559 | ||
| Depreciation | oftangible | lixed assets | 786 | 1,019 |
| Bank loan interest | 3,299 | |||
| Loan interest | 1,302 | |||
| 4,523 | 3,880 | |||
| Governance | costs | |||
| independent | examiners | fees | 1,750 | 1,825 |
| Accountancy Legal fees |
and bookkeeping | 3,938 ~1095 |
2,632 ~2218 |
|
| ~6783 | 6,675 | |||
| Total resources | expended | 298,117 | ~291 552 | |
| Net income | ~40 195 | ~8879 |