REGISTERED CHARITY NUMBER: 1184713
JETTY LANE C.I.O
REPORT OF THE TRUSTEES AND
FINANCIAL sTATE￿IEY￿Ts FOR THE YEAR EYDED 31flJULY 2020

JETTY LANE C.I.O
CONTENTS OF THE FINAYCIAL STATEMEIYTS
for the Year Ended 31" July 2020
Page
Reference and Administrative Dethils
Report of the Truslees
Independent Examiners RerM)rt
Statement of Financial A¢iivili¢$
Sta¢emen¢ of Financial Posilion
Notes io the Financial Siaicments
9- 15

JETTY LANE C.I.O
REFEREf4cE AND ADTrIIPilSTIL4TIVE DETAILS
for the Year Ended 31" July 2020
Registered Charity number:
1184713
Registered Address:
J¢tiy Lanc C.l.O
31 Hilly Fields
Woodbridge
Suffolk
IP124DX
TTilStees:
Cari)line Pdg¢ Ichairl
Caroline Rutherford
Cordelia Richman Iresigned Maj. 20)
P¢nny Rooney
Amy Mallet (re.figned MIEll.h 20)
Susan Cjray {ai)i)ninied Fehi'iian. 20)
Carl sticklcy (aJ)J)i)inlc.d Ftbri¢ary' 20)
Louis¢ NLwton {Tr¥'asur¢rl (uppointedjonuary 21)
Independent exAminers:
Larkingi (i()wcn LLP
I C'layd()n Busincss Park
GrL'ai BlakLnham
Ip%wiLh
Suffolk
IP60NL
Page I

JETTY LANE C.I.O
REPORT OF THE TRUSTEES
for the Year Ended 31" July 2020
Th¢ Tru5tc¢s pr¢s¢nt their annual r¢tKTrrt logcthcr wtth thc financial ststcmcnts of Jetty Lan¢ C.l.O for the year ended
31, July 2020. The Trustees confirtn that the annual report and financial statements of the cliarity comply ￿'ith th¢
curreni statutory requiremenis. the requiremenis of ihe chariry's governing document and Ihe provisions of the
Stat¢m¢nt of R¢coJnrncndcd Practic¢ ISORP) applicabl¢ to charities preparing th¢ir accounts in accordance with the
Financial Reportin&y Standard applicable in the UK and Republic of Ireland (FRS1021 (effective l Janudry 20191.
STRUCTURE. GOVERNAP*CE AND MANAGEMENT
OBJECTIVES AND ACTIVITIES
To lurther or ben¢fJl th¢ r¢gid¢nlS of Wix)dbridg¢ and the neighbowhood. without dislin¢tion of s¢x. s¢xual oriet)taiion.
race or of political. religious or other opinions by as￿claI1rtg iogeiher the said residents and the local authorities. voluntary
and othcr or¥anisaiions in a common cffort to advancc educaiion and to providc facilitics in the intcrcsts of SLxial wclfarc
for re¢reaiion and leisure lime IK¢upation wilh the objeciive of improving the Condiliong of life for the regidents.
STATUTORY DECLARATION
The Trustees of Jetty Lane C.l.O confirni ihai ih¢y have paid due regard io ihe guidance issued by the Charity
Commission on public bL'nefii in deciding whai aciiviiies ihe chariiy should undenake.
RECRUITMENT AND APPOINTMENT OF TRUSTEES
Thc minimum number of Irublees is Ihrcc. there is no maxiinum. Apart from thc firs¢ charily Irustccs, cvcry Iru%lee
must iK' appoin¢Ld for a i¢mi of thr¢c y¢ars by a rcsolution pass¢d 81 a prop¢rly conv¢n¢d n)¢¢lLI)& of il)¢ ¢l)#rily
iruslLL%. In %clccting individuals for appoinimcni as charity irnsiccs. the irusiecs have rcb>ard io Ihc 4kill%, knowlLdgyc
and LXPLfiLllLL needid for the effcctive admini4lralion of Jetty Lanc C"IO. We CUTrcnily rccTui¢ on thc ba4is ol.
r¢commLndation and adv¢rtise on our websltc. Onc¢ p)i¢niial new Iruslccs Jr¢ id¢niifi¢d a formal int¢rvicw proce55
lakes place.
TRUSTEE INDUCTION A￿D TRAJNIYG
A fornial process takes placc wherc background infomialion is provided in the forni of thc prcvious year's annual
r¢port and financial 5tatcmcnls. minutcs of mc¢tings of th¢ triist¢¢s in tbc p￿VIOuS ycar and a Copy of thc Govcrning
Do¢um¢nt Iconstitution).
ACHIEVEMENT AND PERFORMANCE
The Jetty Lane Trustees took ihe decision to convert from a Community Inleresl Company lo a Charitable Incorwrated
Organisation in August 2019, willi thi5 comes increased regulation and requirement for transparency. It also brings
the bcnefit ot. tax savings Eo we can ensure the fund5 received ale going Stiaight to the project as well as tl)e ability to
appeal to different funding bodies 10 rdise the finances needed (o build ihe Lommunity centre.
We were 5ucces5ful in %ecuting a grani from East SulTolk Council of £1 88.800 in June 2019 which was paid ii) Au¥u.%t
2019 to assist with lunding the iniiial building planning at]d design sthge. Receipi of Ihe funds allowed us lo push on
with the planning and design stage of the projecl.
A 3D model of the building was prixluced and variaiion io plans was submitted io make changes to heal sources and
natural vcntilation, somcthing that ￿.117 no doubt bc a rcquircmcnt post pandcmic. Wc havc bcncfitcd from thc ability
to incorporat¢ n¢w building r¢gulathons into th¢ plans to ¢nsur¢ w¢ ar¢ ¢ovid saf¢ which will in¢Nhtably sav¢ inon¢y
in the long run.
Page 2

JETTY LANE C.I.O
REPORT OF THE TRUSTEES
for the Year Ended 31" July 2020
ACHIEVEMENT AND PERFORMAf4cE eonftnmed
N¢w trust¢¢s wcr¢ rcmiitcd to th¢ board and a Council of Refffe￿¢ group comprising local p¢opl¢ who activcly
support the project was sei up, LM)th increasing the scope of knowledge. skills. and experience of the group.
Th¢ Council of R¢f¢r¢nc¢ group includ¢5 Accolnplishd. trust￿ s¢nior individuals frotn differ¢nt backgrounds and
sectors who are all working on a voluntary basis io help Jery Lane CIO achieve its mission. Members of ihe Council
are kcy. stratcgic advisers io the Board of Trusrees on issues rhar will supp)n how thc Jcty Lane Projcct dciwclops
ov¢r titne.
Lockdown hit in March 20 whieh meant rhar opporniniiies for funding applications greacly reduced due to the Covid-19
pandemic as. undcrstandably. many irustsjfoundaiions have divcned ihcir funds to causes impactcd by thc virus.
Jetry Lane was awarded ISSBA Chariry of rhe year in July 20.
FUTURE DEVELOPMENTS
A local busincssman very generously donaicd two activiry spaces madc of shipping conraincrs to enable us to continue
assistingr lh¢ Lommuni¢y in thc abs'ence o(Ih¢ youih c¢ntr¢ dnd whilsl w¢ awaii ¢hc conslruclion ofihc ncw colliiiiunity
¢¢nir¢. The eagingi ofthe ILwkdown in July 20 allow¢d for the LoniainL'rg 10 be r¢furbishLd. W¢ have been rea¢hiii&i out
to the community to Ica8C thcsc activily spaces and Coniainer Projec￿ will bc taking on the tcnancy of one of these
shortly.
Other planned developments include revising ihc business plan and sourcing and applying for available grants.
FINAf*CIAL REVIEW
This linancial yLar has been very di￿lCUl1 for Jelly Lane as a resuli of Covid-19. WL have been unablc lo hold any
cvcnts ¢0 in¢￿a5¢ awarcncss in ihc Community and raisc funds. Inslcad, wc havc bccn focuscd OT) prcparingj for gFrant
appliLaiions once they arc open for applitation. We have also been working on re-launching thc Friends of Jetty Lane
fundraising scheme.
Funds required for the construction stage are a( leasi £3.Sm. with £271.516 funds raiscd to date. With £173,14(Tr
available al the end ofihe finanLial year l£136.451 ofwhich are resiricled funds. £36,695 are unrestriLtedl, we have a
lot of w'ork io do. Oncc the building is conslTucled and in use it should be self-sufficicnt with the coinincrcial space
funding the community space.
We had initially expected to raise thnds by aulumn 2020. We are currently reviewing our timeline in accordance with
th¢ Bu8in¢ss Plan and cxpert th¢ ronstrurtion dat¢ to b¢ d¢lay¢d for at l¢ast 12 months. Th¢ busin¢ss plan is b¢ing
reviewed and updaied to reflecl the impacl of ihe pandemic.
RESERVES POLICY
We have a clear picture of the funds available, running costs and ￿ndS required. Monthly ￿nnIng costs for crucial
spend are currently extremely low and we have suffLCLent fund5 to coverover 12 tnonth8 of operation8. We have budget
plans and cashflow in place and are moniioring spend on Ihe planning and design stage ofihe project.
The [t￿erYt￿ policy will be updated once we move to the construction stage of the project as cashflow will be of
significani importance then.
Th¢ free r¢s¢rv¢s at th¢ yrar-cnd wcr¢ £36,695.
Page 3

JETTY LANE C.I.O
REPORT OF THE TRUSTEES
for the Year Ended 31" July 2020
RISK MANAGEMENT
Th¢ bigg¢st risk fac¢d by J¢tty Lan¢ is curr¢ntly th¢ r¢du¢¢d ability to rais¢ fi￿d5 n¢¢ded to coinpl¢t¢ th¢ proj¢ct.
Opponunities for funding applicaiions have greaily reduced due io ihe Covid-19 pandemic as. understsndably, many
trustslfoundations hav¢ divcrtcd their funds to caus¢s itnpactcd by th¢ virus. Woodbridgc is not in an area of
d¢privation, nor is it considered to be in a rural area. therefore w¢ are in¢liLyibl¢ to dpply for Thny gryants.
Other considerations include how the demand for office space has changed as a result of the pandcmic. Wc will be
monitorinb the mark¢t to und¢rstand the l¢v¢l of demand any irnpd¢t on pot¢ntial renlal rJt¢s.
Once construction bcgins. the possible risks impacting the project will increase and arc rcvicwed regularly. Wc have
the required insuran¢¢ in pla¢e 10 transfer the risk.
GOING CONCERN
The Tjusiees have engaged with The Council of Reference group and exiensive research has been carried out to
quantify thc impact of Covid-19. Based on ihe findings, the Trusiecs have rcasonablc expectation thai the cliariiy has
ul'licicnt linancial and capital re4erYcs to continue as a goin¥ concem ¥4nd have therefore prepared ihe financial
siai¥m¢nis on lh¢ going ¢on¢¢rn basis.
Lookingi ahcdd tv thc ncxl 12 months, thc Trus¢ccs havc a positivc ouilook with a rcncwcd ci)thusiasm lor thc projccl.
Covid-19 and (he lockdown has highlighied IhL importance of social iniera¢iions. Th¢ cominunily centrL will addr¢ss
those nccds which places us in a greai posiiion for successful grani applicaiions and communiiy fundraising.
Page 4

JETTY LANE C.I.O
REPORT OF THE TRUSTEES
for the Year Ended 31" July 2020
STATEMEIYT OF TRUSTEES RESPONSIBILITIES
Th¢ trust¢¢s ar¢ r¢sponsiblc for preparing the Report of th¢ Trust¢¢s and th¢ financial statcrncnts in accordan¢¢ with
applicable law and Uniied Kingdom Accouniing Siandards (Uni￿1 Kingdom Generally Accepted Accounting
Practicc).
The law. applicable to charities in England and Wales requires the Trusiees to prepare financial sthiemenis for each
financial year which give a true and fair vicw ofihc siaie of affairs of thc chariry and of its incoming rcsourccs and
ppli¢ation of r¢sourc¢s, includingT 115 incom¢ and ¢xp¢ndilur¢. for that period. In prparing th¢s¢ fIn￿n(la[
siaiemenis, Ihe Trustees are required io..
sclcci Suitable accounting policies and ihcn apply ihem consisrcnrly,.
obscrvc the methods and principlcs of ihe Chariiies SORP IFRS 102),.
make judgments and accounting cstimatcs ihai arc rcasonablc and prudent;
state whether applicable UK Accounting Siandards IFRS 1021 have been followed, subject to any material
departures disclosed and explained in the finan¢ial siai¢m¢nts:
PT¢par¢ th¢ finanLial 5tyl¢m¢nls th¢ bToinbi conc¢rn basis unl¢ss it is inappropriate to presume that the
chariiy will continue in business.
Th¢ Trusteeg ar¢ r¢spongibl¢ for keeping adequaie accounting records ihol are suffi¢ieni to show and explain the
chariiy'.s transactions and disclose with reasonable accuracy ai any lime ihe financial posiiion of Ihc charity and
cndblL thL'm io Ln%urL that the financial.¥taicments comply with ilic Charitics Ac¢ 2011 and tl)c Charity IAccount
and RLpDrt%l RLgulJti()n% 21)08. They ar¢ also rcsponsiblc for safcuTuardinbi tl)¢ &4se¢s of ihc ch&rily and licn¢c lor
iakingv rcasonable steps for the preveniion and dcicciion of fraud and other irregularities.
Approved by ordcr of the members of the board of Trustees and signed on their behalf by..
Cllroline Rutherford
Trubtee
Date.. 26" May 2021
Page 5

Independent examlner's report to the trustees of Jettv Lane C.l.O
J rcport to thc trustces on my cxamination of thc accounts of thc Jctty Lanc C.l.O for thc ycar cndcd 31 July 2020.
Responsibilities and basis of report
As thc rharity trustc¢s of th¢ TThst you ar¢ r¢sponsibl¢ for th¢ pr¢paration of th¢ accounts in a¢cordan¢¢ with th¢
requiremenis of ihe Charities Aci 2011 I'ihe Aci'}.
I report in rcspcct of my examination of the Trust's accounts Corried oul und¢r section 145 of thc 2011 Act and in
arryingT Out my exatnination I hay¢ followed all the applicable Directions giwen by the Charity Commission under
section 14515)Ib} of the Aci.
Independent examlner's statement
I have completed my examination. I confimi that no material matters have come to my attcnrion in conncction with
th¢ ¢xatnination &iiving me ¢aus¢ 10 believe that in any tnaierial r¢S￿t..
accounting records wcrc not kcpl in respccl of the TTUSt as rLyuircd by section 130 of the Act. or
2. th¢ u¢¢ounts do not a¢Lord with those r¢¢ords: or
Ihe accounts do not comply wilh the applicable requ1￿MentS concerning ihe forn) and conient of accounis get oui
in thc C.hariiics (Aecounls and Reponsl Rcgulations 2(X)8 oihcr than any requircmcnt that thc accounts give a
'true and fair view which 15 nol a matter considered as part of an independenl examination.
I have no concems and have come across no other mallers in conneciion with ihe examination to which attention
should bc drawn in this report in order to enable a proper underslanding of ihe accounts lo bc rcachcd.
Signed..
Dated.. 27 May 2021
Glles Kerkham FCA DChA
Larking Gowcn LLP
Charllrid Accountants
I Cldyd()n Business Park
GrLal Blakenham
Ipswich
Sul'lolk
IPO ONL
Page 6

JETTY LANE C.I.O
STATEMENT OF FINAf4CIAL ACTIVITIES
for the Year Ended Jl" Jul}. 2020
2020
Total
2019
Total
Funds
Unrestricted Restricted
Fund
Fund
Nolcs
INCOME FROM
Donations
Grants
Fundraising incom¢
11.142
872
2,443
10.144
3.000
21.286
3.872
2,443
15,624
192.360
2,441
Total
210425
EXPENDITURE
Expenditure
8.507
34.270
42.777
44.898
Total
NET IEXPENDITUREIIINCOME
165 527
Tr*nsfer between funds
Net movement In funds
5.950
(21.1261
115.1761
165,527
RECONCILIATION OF FUiNDS
Tot41 funds brought forward
30.744
157.578
188,322
22.795
TOTAL FUNDS CARRIED FORWARD
36.694
136.452
173 146
188.322
Page 7

JETTY LANE C.I.O
STATEMEf*T OF FILYAIYCIAL POSITIOY
At 31" July 2020
2020
2019
Not¢s
CURRENT ASSETS
Dcbtor5
Cash at bank and in hand
180.106
194.009
CREDITORS
Ainoiints lallingJ duc within onc ycar
NET CURRENT ASSETS
173.146
188.322
TOTAL ASSETS LESS CURRENT
LIABILITIES
173.146
188.322
NET ASSETS
173 146
188,322
Unr¢.4iri¥lid fiinds
ReslriLILd lunds
36.695
136.451
30.744
157.578
TOTAL FUNDS
173 146
188 322
Th¢ finan¢iAI siai¢m¢nts w¢r¢ approv¢d by th¢ Twsiees and were 5ign¢d on its behalf by:
C'aroline Ruihcrlor
Trustee
Datc: 26, May 2021
Page 8

JETTY LANE C.I.O
LYOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31" July 2020
ACCOUNTING POLICIES
J¢tty Lan¢ C.l.O is a charity r¢￿st¢r¢d in England and Wal¢s, chan.ty T¢gistration nurnbcr 1184713. Thc
principle office is 31 Hilly Fields, Woodbridge. Suffolk. IP12 4DX.
Ba%1$ of preparlng tbe finanelal st*temtnts
The financial statements have been prepared in accordance wilh ihe Chariiies SORP IFRS 102) - Accounting
and Reporting by Charities.. Statement of Recommended Praciicc applicablc 10 charitics preparing thcir
dLLounts in aL¢ordanc¢ with th¢ Financial R¢porting Stdnddrd applicabl¢ in lh¢ UK and Republic of Ir¢ldnd
IFRS 1021 (Lffective l January 20191. Ihe Financial Re]K)rting Sthndard applicable in the UK and Republic of
Ircland {FRS 102) and thc Chariiies Act 2011.
The financial siaiemenis are presented in Sterling (£) which is ihe fvnctional currency of the charity and
roundcd to thc nearesi £.
Jeity Lane C.l.O meets the definiiion of a public benefit eniiry under FRS 102. Assets and liabilities are initially
rccogniscd al historical cosi or iransaciion valuc unless oiherwisc statcd in the relevant accounting policy.
Prlor year compHrlsons
The Lntity was prLviously called Jeiiy Lane CIC and changed to Jetty Lane C.l.O (effective I. August 20191
thcTLforc, th¢ financial statcmcnls for ihc ycar cndcd 31 July 2019 wcrc prcparcd for ¢hc Community Iiitcrc%l
C'ompany l('IC'I and follow¢d financial Report Standard appliable in thc UK and RLpublic of IrLland IFRS
11121. Thc accounts for the year ended 31 July 2020 are prepared for ihc Chariiable InCo￿orated Org)ani4ation
IL101 and aTC prcparcd ¢0 comply wilh Charilics SORP I FRS 1021- Accounling? and RcportingT by Charitie4.'
S¢ai¢Tncnt of RcLOnltn¢rtd¢d Praciicc. Th¢ ¢omparJli%'¢ fi&yur¢s hav¢ adjusi¢d wlilrc applicable ¢0 LOlI)pIy
with ihL Charitics SORP.
Comparaiives figures in¢lude a receipi of £188.800 of restri¢ted capital grani income which was not in¢luded
in thL 2019 finanLial %iaiemeni.% a% a re%uli ofihc change in accouniing framework. Dcbtors and rLStriLILd fund%
on thL Lomparniii'c balancc shecl are also increased by £188.11(M) comparcd to ihc 2019 C'IC. linancial
statcmcnts. Thc opcning ncl asscts ar¢ inCr¢aS￿ by th¢ samc amount. Mi¢r¢ arc no otlicr adjustmcnts to opcning
reserves or comparative figures.
Goln% ¢on¢ern
After making appropriate enquiries. the Tr￿stee￿ have a reasonable expcctalion that the Charity has adcquate
resources to continue in operational exisience for the foreseeable fulure. For this reason. Ihey continue lo adopl
thc going conccrn ba5lS In thc pr¢paration ofthc financial stat¢m¢nts.
Incorne
All income is recognised in the Sthiemenl of Financial Activilies once the charity has entitlement to the funds,
it 1.% probable that the income will be received. and the amount can be me&sured reliably.
E%peMditllTe
Liabilities are recognised as expenditure as SI￿n a5 there 15 a legal or con%tructive obligation comii)itting the
charity io ihai expenditure, il is probable Ihai a Irdt]sfer of economic benefits will be required in seiileinent and
the amount of the obligation can be measured reliably. Expendilure is accounled for on an accruals basis and
has bccn classificd undcr h¢adings that aggr¢gat¢ all cost r¢lat¢d to th¢ cat¢gory. ExrKnditur¢ cost5 includ¢ th¢
cosi of irrecoverable VAT.
Page 9

JETTY LANE C.I.O
LYOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31" July 2020
ACCOUNTING POLICIES-continued
Taxation
The charity is exempt from tax on its charitsble activilics.
Fund accounting
Unrcstrictcd income funds are available for use at the discretion of the trustees in furtherance of the gcncral
obj¢LtiV¢s of th¢ Charity. tksignaied income funds ar¢ unr¢strict¢d funds ¢armark¢d by th¢ trugt¢¢g for
panicular purposes.
R¢striLt¢d in¢om¢ funds are subjected to r¢stTi¢tions on their ex￿IditYrC imposed by the donor or through the
(ernis of an appeal.
Flxed assets
Project cos15 associated H'iih ihe consinjciion of the je￿ Lan¢ ¢¢n(re will ￿ ¢apitslis¢d wh¢n ihere is
sufficient likelihood that construction will proceed.
Debtors
TradL and other debtors are recognised at the selllemeni amouni after any trade discount offered.
Prcpayments are valued at the amount prepaid nel of any trade discounts due.
Cash at Bank and in hand
Ca4h al bank and in hand includes cash and short Icm hi¥hly liquid investmcnl4 with a short maturity of three
months or Icss from th¢ dai¢ of a¢quisilion or opcning of ihc dcposi¢ or similar accouni.
Li4bilitie$ and provision$
Liabilitii% Jnd pr()I'i%iiin% arc re¢ognised where ihe ¢hority has a prtsent obligaiion resulting froin a past event
that will probably rcsuli in ihc tran.%fcr of funds to a ihird party and thc amount duc to scttlc the oblib>dtion can
be measurLd or L*timatcd reliably.
Liabilities are recognised ai the amouni ihai the charity anticipates li will pay to settle the debt or the amount
it hab received as advanced paymenis for the goods or services il must provide.
Flnanclal Instruments
The Lharily only has Iinancial assets and financial liabilities ofa kind ihal qualify as basic financial instruments.
Basic financial instrumcnts arc initially ￿cOgnis¢d at transaction valuc and subscqucntly incaSu￿d at thcir
Settlement value.
Page 10

JETTY LANE C.I.O
LYOTES TO THE FINANCIAL STATEMENTS- cof4Tif4UED
for the Year Ended 31" July 2020
INCOME- CURRENT YEAR
unreslric￿d
Restricted
Funds 2020 Funds 2020
Totsl Funds
2020
Donaiions
11.142
872
2,443
10,144
3,000
21,286
3,S72
2,443
Fundraising incom¢
Total
14,457
INCOME- PRIOR YEAR
Unrestricted
Rcs¢ric¢ed
Funds 2019 Funds 2019
Total Funds
2019
Donations
(jTants
Fundraising in¢om¢
15.624
3,560
2.441
15,fy24
192,360
2,441
188,800
Total
21.625
188.800
210,425
Page 11

JETTY LANE C.I.O
LYOTES TO THE FINANCIAL STATEMENTS- COIYTINUED
for the Year Ended 31" July 2020
EXPENDITURE
2020
2019
Support Costs=
Legal and professional
Indcpcndeni examiners remunerdlion
Insurdn¢¢
Communicaiion
Sundry expcnses
658
2.160
2,234
144
421
10.935
1.800
890
Building projeei cosis
31.976
31.122
Exp¢ndilur¢ on raising funds
5.184
TotAIs
42,777
44,11911
The charity had nil employees in the year12019- nil).
TRUSTEE PAYMENTS & RELATED PARTY TRANSACTIONS
2020
2019
Cordclia Richman Project Managcmcni Scrviccs
Totals
The balance outstanding al the year-cnd for the above was £3.(KK) {2019- £nil).
During the year, one trugtee received reimbursement of expenses rotalling £30612019- £112. two trustees), in regpect of a
trustLL and volunteer appreciation even¢. There were no further payments to trustees or disclosable rclatcd party
transactions.
Page 12

JETTY LANE C.I.O
LYOTES TO THE FINANCIAL STATEMENTS- cof4Tif4UED
for the Year Ended 31" July 2020
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2020
2019
Community Infrastructure Levy- East Suffolk County Council
188.800
Totals
188.800
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2020
2019
Trad¢ Creditors
Accruals
4.81NI
2.160
5.687
Totals
6.960
5.687
ANALYSIS OF NET ASSETS BETWEEN FUNDS- CURRENT YEAR
Unreslricted
Rcs¢ricicd
Funds 2020 Fund5 2020
Total Funds
2020
CurrLni assLIs
Creditors due within one year
43.655
16,960)
136.451
180,106
(6,960)
Total
36,695
136451
173 146
ANALYSIS OF NET ASSETS BETWEEN FUNDS- PRIOR YEAR
Unrestricted
Restricted
Funds 2019 Funds 2019
Totsl Funds
2019
Current dssels
Creditors due within one year
36.431
(5,687)
157,578
194,009
{5,687)
Total
157 578
188322
Page 13

JETTY LANE C.I.O
LYOTES TO THE FINANCIAL STATEMENTS- cof4Tif4UED
for the Year Ended 31" July 2020
STATEMENT OF FUNDS-CURRENT YEAR
Balance as
Balancc as
at 31 July
2020
Augusi
2019
Transfers
itvout
Income Exwiditure
Unrcstrictcd fvnds
30.744
14.457
(8.507}
36,694
Restricted funds
Fund I
Fund 2
Fund 3
157.578
(31,626}
125,952
I O,I)IMI
500
136,452
10.000
3.144
13.144
157,578
(34,2701
Total of funds
188322
173 146
Fund l East Suffolk County Council Infrasirn¢wr¢ L¢ry Grani IClL}- r¢siricied (o ¢ov¢r costs for the initial building
planning and design stage.
Fund 2 - Killik Charitablc Trust - r¢sirici¢d to Consiruciion stage.
Fund 3 - Suffolk County Council - restricied io fund promotional video.
STATEMENT OF FUNDS- PRIOR YEAR
Balance as
Balance as
at 31. July
2019
Augusl
2018
Transfers
itvout
Income Expenditure
Unrestricted ￿ndS
22.795
21,625
{13,676}
30,744
Rcstrictcd funds
Fund I
188.800
188.8(X)
157 578
157578
31.222
Total of fund5
22.795
210.425
44.898
188 322
Fund l - East Suffolk County Council InfrastThcture Levy Granl (CIL)- restricted to cover costs for the initial building
planning and design stage.
Page 14

JETTY LANE C.I.O
LYOTES TO THE FINANCIAL STATEMENTS- cof4Tif4UED
for the Year Ended 31" July 2020
cor4TINGEf4T ASSET
An agr¢¢m¢nt for th¢ grant of a l¢as¢ ov¢r th¢ sit¢ of th¢ FOr￿¢r Youth Club in Woodbridg¢ was mad¢ with
Suffolk County Council on 6 Augusi 2019. The grani of ihe lease is subjeci to planning consent being granied
by Suffolk Cogstal Districi Council for th¢ construction of a new cotntnunity building and associated funding
beingT available for the construction of that building. As these conditions have not yet been Satisfied. rio Value
for the lease is included on ihe Siaiemeni of Financial Position. The lease is for a tern) of 125 years and is at
pcppcrcorn rent.
Page 15