| Trustees | Mr A Cuppage | |||||
|---|---|---|---|---|---|---|
| Mr TDennis (Chairman} | ||||||
| Mrs S Karle | ||||||
| Mrs A Hackett | ||||||
| Mrs 8 Baker | ||||||
| Mr P Lewis | (Appointed | 11 May 2021} | ||||
| Charity number | 1185571 | |||||
| Independent | examiner | Knil! James LLP | ||||
| One Bell Lane | ||||||
| Lewes | ||||||
| East Sussex | ||||||
| BN7 1JU | ||||||
| Bankers | Handlesbanken | |||||
| 21 Perrymount | Road | |||||
| Haywards Heath |
||||||
| West Sussex | ||||||
| RH16 3TP | ||||||
| Solicitors | Coole Bevis LLP | |||||
| Lanes End House | ||||||
| 15Prince Albert | Street | |||||
| Brighton | ||||||
| BN1 1HY | ||||||
| Investment | advisors | Hearhjvood Wealth Management |
||||
| ?7Mount Ephraim | ||||||
| Tunbridge Wells |
||||||
| Kent | ||||||
| TN4 BBS |
| Trustees' report |
||
|---|---|---|
| Independent examiner's report |
||
| Statement offinancial |
activities | 5-6 |
| Balance sheet | ||
| Notes to the financial | statements | 8- 21 |
| Current financial | Current financial | year | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Unrestricted | Endowment | |||||||||
| funds | funds | funds | |||||||||
| general | designated | ||||||||||
| 2021 | 2021 | 2020 | |||||||||
| Notes | F | F. | F | ||||||||
| Charitable activities |
108,484 | 108,484 | 107,828 | ||||||||
| Investments | 15,893 | 18,523 | 13,496 | ||||||||
| Other income | 536 | 536 | |||||||||
| Total income | and | endowments | 124,913 | 2,630 | 127,543 | 121,324 | |||||
| Charitable activities |
115,221 | 43,884 | 159,105 | 116,033 | |||||||
| Net gains/(losses) | on investments | 9 | 22,SS7 | 48,160 | (31,004) | ||||||
| Net incoming/(outgoing | j resources | 34,855 | (43,884) | 25,627 | 16,5S8 | (25,"13) | |||||
| Other recognised | gains | and losses | |||||||||
| Revaluation of |
tangible | fixed assets | 1,378,328 | 1,378,328 | |||||||
| Net movement | in funds | 34,855 | (43,884) | 1,403,955 | 1,394,926 | (25,713} | |||||
| Fund baiances | at 1 | April | 2020 | 225,437 | 126,182 | 427,629 | 779,248 | 804,961 | |||
| Fund balances | at | 31 March 2021 | 260,292 | 82,298 | 1,831,584 | 2,174,174 | 779,248 |
| Prior financial year | Prior financial year | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Unrestricted | Endowment | Total | |||
| funds | funds | funds | ||||
| general | designated | |||||
| 2020 | 2020 | 2020 | 2020 | |||
| F | ||||||
| Cheritable activities |
107,828 | 107,828 | ||||
| investments | 7,918 | 5,578 | 13,496 | |||
| Total income and | endowments | 121,324 | ||||
| Charitable activities |
113,948 | 2,085 | 116,033 | |||
| Net gains/(losses) | on investments | (2,330) | (28,674) | (31,004) | ||
| Net incoming/(outgoing | jresources | (25,181} | (25,713) | |||
| Net movement in |
funds | (532) | (25,181) | (25,713) | ||
| Fund balances at 1 April | 2019 | 225,969 | 126,182 | 452,810 | 804,961 | |
| Fund balances at | 31 March 2020 | 225,437 | 126,182 | 427,629 | 779,248 |
| 2021 | 2026 | |||||
|---|---|---|---|---|---|---|
| Notes | ||||||
| Fixed assets | ||||||
| Tangible assets | 1,595,000 | 216,672 | ||||
| investments | 521,006 | 469,295 | ||||
| 2,116,006 | 685,967 | |||||
| Current assets | ||||||
| Debtors | 1,637 | 1,682 | ||||
| Cash at bank and in | hand | 69,998 | 101,558 | |||
| 71,635 | 103,240 | |||||
| Creditors: amounts | falling due within | 14 | ||||
| one year | (13,467) | (9,959) | ||||
| Net current assets | 58,168 | |||||
| Total assets less current iiabilities | 2,174,174 | 779,248 | ||||
| Capital funds | ||||||
| Expendable endowment |
1,831,584 | 427,629 | ||||
| income funds | ||||||
| Unrestricted funds - |
designated | 82,298 | 126,182 | |||
| General unrestricted | funds | 260,292 | 225,437 | |||
| 2,174,174 | 779,248 |
| Maintenance | Electricity | Washer dryer | Television | Total | ||||
|---|---|---|---|---|---|---|---|---|
| charges | licence fees | 2020 | ||||||
| E | E | E | E | |||||
| Incoming resources | from | charitable | ||||||
| activities | 99,851 | 4,329 | 3,580 | |||||
| Analysis by fund |
||||||||
| Unrestricted | funds - general | 99,851 | 4,329 | 3,58Q | 68 | 107,828 | ||
| Unrestricted | Endowment | Total | Unrestricted | Endowment | ||||
| funds | funds | funds | funds | |||||
| general | generai | |||||||
| 2021 | 2021 | 2020 E |
2020f | 2020 | ||||
| Rentai income | 14,900 | 6,268 | ||||||
| Income from | listed | |||||||
| investments | 922 | 2,630 | 3,552 | 1,494 | 5,578 | 7&072 | ||
| interest receivable | 71 | 71 | 156 | 156 | ||||
| 15,893 | 18,523 | 5,578 | 13&496 | |||||
| Other income | ||||||||
| Unrestricted | Total | |||||||
| funds | ||||||||
| general | ||||||||
| 2021 | ||||||||
| Miscellaneous | income |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| E | |||||
| Staff costs | 17,420 | 17,613 | |||
| Depreciation | and impairment | 2,085 | |||
| Vyellbeing Grant |
405 | 405 | |||
| Insurance | 2,841 | 2,761 | |||
| Rates and water | 3,082 | 4,082 | |||
| Gardening | 4,740 | 4,2'79 | |||
| Light and heat | 6,995 | 6,240 | |||
| Cleaning | 435 | 971 | |||
| Alarm rental | 474 | 461 | |||
| Telephone | 1,367 | 1,736 | |||
| Management | fees | 21,374 | 15,400 | ||
| Legal and professional | fees | 1,907 | |||
| Subscriptions | 308 | 269 | |||
| Sundry expenses | 306 | 3,366 | |||
| Ordinary repairs and maintenance |
9,846 | 6,763 | |||
| Cyclical repairs and extraordinary | maintenance | 84,531 | 43,926 | ||
| 154,124 | 1'l2,264 | ||||
| Share ofgovernance | costs (see | note 6) | 3,769 | ||
| 159,105 | 116,033 | ||||
| Analysis by |
fund | ||||
| Unrestricted | funds - general | 115,221 | 113,948 | ||
| Unrestricted | funds - designated | 43,884 | |||
| Endowment | funds | 2,085 | |||
| 159,105 | 116,033 |
| Support | costs | ||||||
|---|---|---|---|---|---|---|---|
| Support | Governance | 2021 | Support | Governance | 2020 | ||
| costs | costs | costs | costs | ||||
| E | E | ||||||
| Accounts | preparation | 3,032 | 3,032 | 1,942 | 1,942 | ||
| Independent | |||||||
| examination | 1,660 | 1,660 | 1,580 | l,580 | |||
| Bank charges | 289 | 289 | 247 | 247 | |||
| 4,981 | 4,981 | 3,769 | 3,769 | ||||
| Analysed | between | ||||||
| Charitable | activities | 4,981 | 3,769 | 3,769 |
| The average monthly number ofemployees during t |
he year was: | |
|---|---|---|
| 2021 | 2020 | |
| Number | Number | |
| Scheme manager | ||
| Employment costs |
2021 | 2020 |
| f | ||
| Wages and salaries | 16,590 | 16,836 |
| Other pension costs | 830 | 777 |
| 17,420 | 17,613 |
| Unrestricted | Endowment | Total | Unrestricted | Endowment | Total | |
|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||
| general | general | |||||
| 2021 f |
2021 | 2020 E |
2029 | 2029 | ||
| Revaiuation | of | |||||
| investments | 25,163 | 22,997 | 48,160 | (2,330) | (28,674) | (31,094) |
| Tangible fixed assets | ||||||
| Land | and buildings | |||||
| f | ||||||
| Cost | ||||||
| At 1 April 2920 | 246,907 | |||||
| Revaluation | 1,378,328 | |||||
| At 31 March | 2021 | 1,625,235 | ||||
| Depreciation | and impairment | |||||
| At 1 April 2020 | 39,235 | |||||
| At 31 March | 2021 | 30,235 | ||||
| Carrying amount |
||||||
| At 31 March | 2021 | 1,595,000 | ||||
| At 31 March | 2020 | 216,672 |
| Listed | ||
|---|---|---|
| investments | ||
| F | ||
| Cost or | valuation | |
| At 1 April | 2020 | 469,295 |
| Additions | 3,551 | |
| Valuation | changes | 48,160 |
| At 31 March 2021 | 521,006 | |
| Carrying | amount | |
| At 31 March 2021 | 521,006 | |
| At 31 March 2020 | 469,295 |
| 12 | Financial instruments | Financial instruments | 2021 | 2020 | |
|---|---|---|---|---|---|
| f. | |||||
| Carrying amount of |
financial assets | ||||
| Instruments measured |
at fair value through | profit or loss | 521,006 | 469,295 | |
| 13 | Debtors | ||||
| 2021 | 2020 | ||||
| Amounts falling due |
within one year: | F | E | ||
| Trade debtors | 692 | ||||
| Other debtors | |||||
| Prepayments and accrued income |
|||||
| 1,637 | |||||
| 14 | Creditors: amounts | falling due within one year | |||
| Other taxation and social security |
382 | ||||
| Trade creditors | 1,590 | ||||
| Other creditors | 1,295 | {45) | |||
| Accruals and deferred | income | 10,582 | 9,622 | ||
| 13,467 | 9,959 |
| Balance at 1April 2018 E |
incomine resources |
Movement ftesoorces expanded |
ln funds Transfers E |
hlvestmsnts sales / losses |
hlvestmsnts sales / losses |
Balance at 1 April 2020f |
incoming resoorcas |
8/tovement rtesoorces expended |
in funds Transfers f |
I~ pains/losses F |
Balance at 31 March 2021 |
||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Expendable | endowments | ||||||||||||
| Endowment | fund | 452,810 | 5,578 | (2,085) | (28,674) | 427,629 | 2,630 | 1,401,325 | 1,831,584 | ||||
| 452,810 | 5,578 | (2,085) | (28,674) | 427.629 | 2,630 | 1,401,325 | 1,831,584 |
| Balance at | Resources | Balance at | ||||
|---|---|---|---|---|---|---|
| 1 | April 2020 | expended | 3t March 2021 | |||
| E | ||||||
| Extraordinary | repair | fund | 126,182 | (43,884) | 82,298 | |
| 126,182 | (43,884) | 82,298 |
| 18 | Analysis ofnet assets between funds | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| tlnrestrtcted | Designated | Endowment | Total | Unrestricted | Designated | Endowment | Totai | ||
| funds | funds | funds | funds | funds | funds | ||||
| 2021 | 202'i | 2021 | 2021 | 2020 | 2020 | 2020 | 2020 | ||
| f | E | 6 | 5 | 6 | |||||
| Fund balances at 31 March 2021 are represented | |||||||||
| by: | |||||||||
| Tangible assets | 1,595,000 | 1,595.0GG | 93,961 | 122,711 | 216,672 | ||||
| Investments | 202,124 | 82,298 | 236.,584 | 521,006 | 38195 | 126 182 | 304,918 | 469.295 | |
| Current assets/(liabilities) | 58.168 | 58,168 | 93,281 | 93,281 | |||||
| 26G,292 | 82,298 | 1,831,584 | 2,174,174 | 225,437 | 126,182 | 427,629 | 779,248 |
| 2021 | 2020 |
|---|---|
| f. | E |
| 17,420 | 17,613 |