|||||Page||
|---|---|---|---|---|---|
|Report ofthe Trustees|||1|to|5|
|Independent
Examiner's||Report||||
|Statement ofFinancial||Activities||||
|Balance Sheet|||8|to|9|
|Notes to the Financial|Statements||10|to|17|
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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|
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||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|
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||||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|
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|Support cost|s, i|ncluded
in the above, are as follows;||
|---|---|---|---|
||||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|
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|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)|
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|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|
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|||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|
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|MOVE|MENT
IN FUN|D|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|
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