2020-12-31-accounts - Low Mill Outdoor Education Centre CIO

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					'
				ent of		ctivi	i
	or	h	ri		to	e
								Unrestdcted	Restricted	Total
				Notes				funds f	funds	funds
INCOME AND ENDOWMENTS	FROM
Donations and legacies								39,831	1,425	41,256
Charitable activities
Outdoor education provision								28,425		28,425
Investment income Other income								18 151,402		18 'I51,402
Total								219,676	1,425	221,101
EXPENDITURE ON
Raising funds								20		20
Charitable activities
Outdoor education provision Governance costs								287,404 7,606	1,345	288,749 7,606
Total								295,030	1,345	296,375
NET INCOME/(EXPENDITURE)								(75,354)	80	(75,274)
Other recognised gains/(losses)
Gains on revaluation offixed assets								566,807		566,807
Net movement in funds								491,453	80	491,533
RECONCILIATION OF FUNDS
Total funds brought forward								309,177	66,151	375,326
TOTAL FUNDS CARRIED FORWARD								800,630	66,231	866,861

Low Mil	dues i Cen	dues i Cen
	~188
	31Qaoe~rn	arhh02(}
			Unrestricted	Restricted	Total
			funds	funds	funds
	Notes
FIXEDASSETS
Tangible assets			837,672	39,443	877,115
CURRENT ASSETS
Stocks Debtors Cash at bank and in hand	12 13		5,077 14,913 60,701	26,788	5,077 14,913 87489
			80,691	26,788	107,479
CREDITORS
Amounts falling due within one year	14		(73,250)		(73,250)
NET CURRENT ASSETS			2441	28 288	24 228
TOTAL ASSETSLESSCURRENT LIABILITIES			845,113	66,231	911,344
CREDITORS
Amounts falling due after more than one year	15		(44,483)		(44,483)
NETASSETS			800,630	66,231	866,861
FUNDS	19
Unrestricted funds Restricted funds					800,630 66,231
TOTAL FUNDS					866,861

	Activity
Residential fees Miscellaneous income School link Tuck shop income	Outdoor education Outdoor education Outdoor education Outdoor education	provision provision provision provision	20,526 6,201 1,500 198
			28,425
OTHER INCOME
			F
Gain on sale oftangible	fixed assets		793
Sundry income Government grants			1,888 148,721
			151,402

			Support
		Direct	costs (see
		Costs	note 7) f	Totals
Outdoor education Governance costs	provision	288,749	7,606	288,749 7,606
		288,749	7,606	296,355

Support cost	s, i
		Governance
		costs
Wages Social security		2,522 228
Pensions		126
Postage and	stationery	191
Independent examiners fees Interest payable and similar charges		3,810 729
		7,606

Depreciation -owned assets Depreciation -assets on hire purchase	contracts and finance leases	36,596 294
Other operating leases Surplus on disposal offixed assets		132 ~793)

TANGIBLE FIXEDASSETS
		Property	Property
	Freehold	improvements	improvements-
	property 2	-general f	restricted
COST OR VALUATION
Transfer from Low Mill Young Peoples Centre Disposals	376,374	128,160	52,687
Revaluations	446,267
At 31 December 2020	822,641	128,160	52,687
DEPRECIATION
Transfer from Low Mill Young Peoples Centre Charge for year Eliminated on disposal	120,540 9,053	120,162 695	13,326 1,054
Revaluation adjustments	(120,540)
At 31 December 2020	9,053	120,857	14,380
NET BOOK VALUE
At 31 December 2020	813,588	7,303	38,307

		Notes othe Fin cial Statements -con inued or the P riod27Au ust2019to 31 Decem 020	Notes othe Fin cial Statements -con inued or the P riod27Au ust2019to 31 Decem 020
14.	CREDITORS: AMOUNTS	FALLING DUE WITHIN ONE YEAR
	Bank loans and overdrafts (see note 16) Finance leases (see note 17) Trade creditors Social security and other taxes Other creditors Accruals and deferred income Accrued expenses			5,517 441 1,317 3,233 1,292 56,983 4,467
				73,250
15.	CREDITORS: AMOUNTS	FALLING DUE AFTER MORE THAN ONE YEAR
				f
	Bank loans (see note 16)			44,483
16.	LOANS
	An analysis ofthe maturity	ofloans is given below:
	Amounts falling due within	one year on	demand:
	Bank loans			5,517
	Amounts falling due between two and five years:
	Bankloans			40,074
	Amounts falling due in more than five years:
	Repayable by instalments:
	Bank loans repayable after five years
17.	LEASING AGREENIENTS
	Minimum lease payments	under finance	leases fall due as follows:
				Finance
				leases
	Net obligations repayable:
	Within one year			441
18.	SECURED DEBTS
	The following secured debts are included		within creditors:
				5
	Bank loans			50 000

MOVE	MENT IN FUN	S
				Net	Transfers
			Transfer	movement	between	At
			1.1.20	in funds	funds	31.12.20
Unrestricted funds
General Friends	fund ofLow Mill		306,006 3,171	491,238 215	3,000 ~3,000)	800,244 386
Restricted funds			309,177	491,453		800,630
Building Minibus Bursary	Refurbishments Replacement fund fund		43,653 14,721 7,777	(1,345) 1,425		42,308 14,721 9,202
			66,151	80		66,231
TOTAL	FUNDS		375,328	491,533		866,861
Net movement in funds,		included	in the above are as follows:
			Incoming	Resources	Gains and	Movement
			resources f.	expended f.	losses f	in funds f
Unrestricted funds
General Friends	fund of Low Mill		219,441 235	(295,010) ~20)	566,807	491,238
Restricted funds			219,676	(295,030)	566,807	491,453
Building Bursary	Refurbishments fund		1,425	(1,345)		(1,345) 1,425
			1,425	~1,345		80
TOTAL	FUNDS		~221 101	(296,375)	566,807	491,533