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2020-10-31-accounts

This section should be completed by all charitie s.
1.1 Basis ofaccounting
These accounts have been prepared
under the historical		 cost convention with items recognised at cost or
transaction
value unless otherwise
stated
in the relevant		 note(s) to these accounts.
The accounts
have been prepared
in accordance
with:
the Statement
ofRecommended		 Practice: Accounting and Reporting by Charities
and with*
preparing
their accounts		 in accordance with the Financial Reporting Standard applicable
in the UK and Republic of Ireland (FRS 102) issued
on		 16July 2014
~ and with*
the Financial
Reporting
Ireland (FRS 102)		 Standard applicable in the United Kingdom and Republic of
~ and with the Charities Act 2011.
The charity constitutes
a public benefit entity as defined
by
FRS 102.
*-Tick as appropriate
1,2 Going concern
Ifthere are material uncertainties
related to events or
abilify to continue asa going concern, please provide		 conditions
that cast significant doubt on the charity's
the following details orstate "Not applicable", if
appropriate:
An explanation
as to those factors that support
The		 charity has sufFicient reserves in order to carry outifs
the conclusion
that the charity is a going
objectives and meetits		 commitments
for the		 forseeable
concern;
future.
Disclosure of any uncertainties
that make the
Not		 applicable
going concern assumption
doubtful;
Where accounts are not prepared
on a going
Not		 applicable
concern basis, please disclose this fact
together
with the basis on which the trustees
prepared
the accounts
and the reason
why the
charity
is not regarded
as a going concern.
1.3Change ofaccounting
policy
The accounts present a true and fair view and no changes have been made to the accounting policies adopted in
note ( ).
Yes*
No
-Tick as appropriate
Please disclose:
(i) the nafure ofthe change in accounting
policy;
(ii) the reasons why applying
the new accounting		 policy
provides more reliable and more relevant information;
and
(iii) the amount ofthe adjustment
for each line affected
in the current period, each prior period presented
and
the aggregate
amount ofthe adjustment
relating		 to
periods before those presented,
3.44FRS102SORP.
1.4Changes to accounting
estimates
No changes
to accounting
estimates
have occurred		 in the reporting period l3.46 FRS102SORP).
Yes*
Note 2 Accounting
policies
2.2 INCOME
Recoqnition of income These are included
in the Statement
of Financial
Activities (SoFA) when:
~
the charity becomes entitled to the resources;
~
it is more likely than not that the trustees
will receive the resources;		 Yes* No* N/a*
~
the monetary
value can be measured
with sufficient
reliability,
Offsetting There has been no offsetting
ofassets and liabilities, or income and expenses,
unless
required
or permitted
by the FRS 102 SORP or FRS 102.		 Yes* No* N/a*
Grants and donations Grants and donations
are only included
in the SoFA when the general income recognition
criteria are met (5.10to 5.12FRS102SORP).		 Yes' No* N/a*
In the case ofperformance
related grants,
income must only be recognised
to the extent
that the charity has provided
the specified goods or services as entitlement
to the grant		 Yes" No* N/a"
only occurs when the performance
related conditions
are met (5.16FRS 102SORP).
Legacies are included
in the SOFA when receipt is probable,
that is, when there has
Legacies been grant ofprobate, the executors have established
that there are sufficient assets
in
the estate and any conditions
attached to the legacy are either within the control ofthe		 Yes No* N/a*
charity or have been met.
Government grants The charity has received government
grants
in the reporting
period		 Yes* No* N/a
Gift Aid receivable
is included
in income when there isa valid declaration
from the donor.
Tax reclaims on Any Gift Aid amount recovered
on a donation
is considered
to be part ofthat gift and is		 Yes* No* N/a"
donations and gifts treated as an addition to the same fund as the initial donation
unless the donor or the
terms ofthe appeal
have specified otherwise.
Contractual income and This is only included
in the SoFA once the charity has provided
the related goods or		 Yea' No* N/a*
performance related services or met the performance
related conditions.
grants
Yea* No* N/a*
Donated goods Donated goods aie measured
at fair value (the amount
for which the asset could be
exchanged)
unless impractical
to do so.
The cost of any stock ofgoods donated for distribution
to beneficiaries
is deemed to be
the fair value ofthose gifts at the time oftheir receipt and they are recognised
on receipt		 Yes* No* N/a*
In the reporting
period
in which the stocks are distributed,
they are recognised as an
expense at the carrying
amount ofthe stocks at distribution,
Donated goods for resale are measured
at fair value on initial recognition,
which is the
expected proceeds from sale less the expected costs ofsale, and recognised
in 'Income
from other trading
activities'
with the corresponding
stock recognised
in the balance		 Yes* N o* N/a*
sheet.
On its sale the value of stock is charged against 'Income from other tradmg
activities' and the proceeds
from sale are also recognised as 'Income from other trading
activities'.
Goods donated
for on-going use by the charity are recognised as tangible
fixed assets		 Yes' No* N/a*
and included
in the SoFA as incoming resources when receivable.
Gifts in kind for use by the charity are included
in the SoFA as income from donations		 Yes* No* N/a*
when receivable.
Donated services and Donated services and facilities are included
in the SOFA when received at the value of		 Yes* No* N/a*
facilities the gift to the charity provided
the value ofthe gift can be measured
reliably.
Donated services and facilities that are consumed
immediately
are recognised as income		 Yes* No" N/a
with an equivalent
amount
recognised as an expense
under the appropriate
heading
in
the SOFA.
Supportcosts The charity has incurred
expenditure
on support costs.		 Yes No* N/a*
Volunteer help The value of any voluntary
help received is not included
in the accounts
but is described
in the trustees'
annual
report,		 Yes* No* N/a*
Income from interest, This is included
in the accounts when receipt is probable and the amount
receivable can		 Yes" No* N/a*
royalties
and		 royalties
and		 dividends be measured
reliably.
Income from membership Membership
subscriptions
received
in the nature ofa gift are recognised
in Donations		 Yes* No* N/a"
subscriptions and Legacies.
Membership
subscriptions
which gives a member
the right to buy services or other		 Yes* No* N/a*
benefits are recognised as income earned
fram the provision
ofgoods and services		 as
incame from charitable
activities.
Settlement
claims		 of insurance insurance
claims are only included
in the SoFA when the general income recognition
criteria are met (5.10to 5.12FRS102SORP) and are included as an item ofother
income
in the SoFA.		 Yes* Na* N/a*
Investment
losses		 gains and This includes
any realised or unrealised
gains or losses on the sale of investments
and
any gain or loss resulting
from revaluing
investments
to market value at the end ofthe		 Yea* No* N/a*
year.
2.3 EXPENDITURE AND LIABILITIES
Liabilities are recognised
where
it is more likely than nat that there is a legal or		 Yes* No* N/a*
Liability recognition constructive
abligation
cammitting
the charity ta pay out resources
and the amount
obligation
can be measured
with reasonable
certainty.		 ofthe
Governance
costs		 and support Supparl costs have been allacated
between
governance
costs and other support.
Governance
costs comprise
all costs involving
public accountability
ofthe charity and its		 Yes* No* N/a*
compliance
with regulation
and good practice.
Support costs include central functions
and have been allocated to activity cast
categories on a basis consistent
with the use ofresources,
eg allocating
property costs		 Yes* No* N/a*
by floor areas, or per capita, staff costs by the time spent and other costs by their usage.
Grants with performance Where the charity gives a grant with conditions
far its payment
being a specific level of
conditions service or output ta be provided,
such grants are only recognised
in the SoFA once		 the Yes* No" N/a'
recipient ofthe grant has provided
the specified service or output.
Grants payable without
performance
conditions		 Where there are no conditions
attaching
to the grant that enables the danor charity
realistically
avoid the commitment,
a liability for the full funding
obligation
must be		 to Yes* No* N/a*
recognised.
Yes* No N/a*
Redundancy cost The charity made no redundancy
payments
during
the reporting
period.
Yes* No* N/a*
Deferred income No material
item ofdeferred incame has been included
in the accounts.
Creditors The charity has creditors which are measured
at settlement
amounts
less any trade
discounts		 Yes* No* N/a*
A liability is measured
on recagnitian
at its historical cost and then subsequently		 Yes* No* N/a*
Provisions for liabilities measured
at the best estimate ofthe amount
required to settle the obligation
at the
reporting
date
Basic financial
instruments		 The charity accounts for basic financial
instruments
on initial recognition as per
paragraph
10.7 FRS102SORP. Subsequent
measurement
is as per paragraphs
11.17
to 11.19,FRS102SORP.		 Yes* Na" N/a*
2.4ASSETS
Tangible fixed assets for These are capitalised
ifthey can be used far more than one year, and cost at least
use by charity Yes No* N/a*
They are valued atcost,
The depreciation
rates and methods
used are disclased
in note 14.
Intangible
fixed assets		 The charity has intangible
fixed assets, that is, non-monetary
assets that do nat have
physical substance
but are identifiable
and are controlled
by the charity through
custody		 Yes* No* N/a*
or legal rights,
The amortisatian
rates and methods
used are disclosed
in note 15.
Yes* No* N/a*
They are valued
at cost.
Heditage assets The charity has heritage assets, that is, non-manetary
assets with historic, artistic,
scientific, technological,
geophysical
ar environmental
qualities
that are held
and
maintained
principally
for their contribution
lo knowledge
and culture.
The depreciation		 Yes* Na* N/a*
rates and methods
used as disclosed
in note 16.
Yes* No* N/a*
They are valued at cost.
Fixed asset investments
in quoted shares, traded
bonds and similar investments
are
Investments valued
al initially at cost and subsequently
at fair value (their market value) at the year
end. The same treatment
is applied
ta unlisted
investments
unless fair value cannot be		 Yes' No* N/a*
measured
reliably
in which case it is measured
at cost less impairment.
Investments
held for resale or pending
their sale and cash and cash equivalents
with a		 Yes* Na* N/s*
maturity
date of less than
1 year are treated as current asset investments
Stocks and work in Stocks held for sale as part of non-charitable
trade are measured
at the		 lower orcost or Yes* No* N/a*
pi'ogress net realisable
value,
Goods or services provided as part ofa charitable
activity are measured		 at net realisable Yes* No* N/a*
value based on the service potential
provided
by items ofstock.
Work in progress
is valued atcost less any foreseeable loss that is likely		 to occur on the Yes* No* N/a"
contract.
Debtors (including
trade debtors
and loans receivable)
are measured
on		 initial
Debtors recognition
at settlement
amount
after any trade discounts
or amount advanced
by the
charity,
Subsequently,
they are measured
at the cash or other consideration
expected to		 YeS* No* N/a*
be received,
Current asset investments The charity has investments
which
it holds for resale or pending
their sale and cash and
cash equivalents
with a maturity
date less than one year. These include cash on deposit
and cash equivalents
with a maturity ofloss than one year held for investment
purposes		 Yes* No* N/a"
rather than to meet short-term
cash commitments
as they fall due,
Yes* No N/a
They are valued at fair value except where they qualify as basic financial instruments.
POLICIES ADOPTED
ADDITIONAL TO OR
DIFFERENT FROM
THOSE ABOVE
~ ' ~
Note 3 Income
Reetrieted
Unrestricted Income Endowment
Analysis of income funds fundh funds Total funds Prior year
E E
Donations Donations and ifls 61 104 61 104
and legacies: Gift Aid
Le acies
General grants
provided		 by government/other
charities
Membership subscriptions and sponsorships
which are in substance donations
Donated nods, facilities and services
Other
Total 61,104 61,104
Charitable
activities:
Other
Total
Other trading Annual Festival
activities:
Annual SIAB Events
Other Events 400 400
Other
Total 400 400
Income from Interest income
investments: Dividend income
Rental and leasin income
Other
Total
Separate
materia I item
of income
Total
Other: Conversion of endowment funds into income
Gain on disposal of a tangible fixed asset held
for chari 's own use
Gain on disposal of a programme related
investment
Roya/ties from the exploitation of intellectual
ro e ri hts
Other
Total
TOTAI INCOME 61,504
Other information:
All income in the prior year was unrestricted except for:
(please provide description and amounts)
Where any endowment fund is converted into income in the
reporting period, please give the reason for the conversion.
Where any endowment fund is converted into income in the
prior period, please give the reason for the conversion.
Within the income items above the following items are
material: (please disclose the nature, amount and any prior
year amounts)
Note 6 Expenditure Expenditure Expenditure Expenditure Expenditure
This year Lastyear
Restricted Restricted
Unrestricted income Endowment Unrestricted income Endowment
Analysis funds funds funds Totalfunds funds funds funds Total funds
Expenditure
on raisin		 funds:
Incurred
seeking donations
Incurred
seeking legacies
Incurred
seeking
grants
Operating
membership		 schemes and social
lotteries
Staging
fundraising
events
Fudraising
agents
Operating
charity shops
Operating
a trading
company		 undertaking
non-charitable
tradin
activi
Advertising,
marketing,		 direct mail and
publicity
Start up costs incurred in generating new
source offuture income
Database
development		 costs
Other trading
activities
investment
management		 costs:
Porffolio management
costs
Cost ofobtaining
investment		 advice
Investment
administration
costs
Intellectual
property
licencing		 costs
Rent collection,
property		 repairs and
maintenance
charges
Total expenditure
on raising		 funds
Expenditure
on charitable		 activities:
Total expenditure
on charitable		 activities
Se arate material
item		 of ex ense
Total
Other
Administration
costs		 444 444
Total other expenditure 444
TOTAL EXPENDITURE 444

Analysis Analysis ofexpenditure
on		 ofexpenditure
on		 charitable charitable activities activities
This year Last year
Activity or programme Activities
undertaken
directly
Grant
funding
of
activities		 Support
Costs		 Total this
year		 Activities
undertaken
directly		 Grant
funding
of
activities		 Support
Costs		 Total last
year
Activit 1
Activit 2
Other
Total
This year: Where sums originally denominated in foreign currency have
been included
in expenditure,		 explain the basis on which those sums
have been translated into sterling (orthe currency in which the
accounts are drawn up).
Last year: Where sums originally denominated in foreign currency have
been included
in expenditure,		 explain the basis on which those sums
have been translated into sterling Ior the currency in which the
accounts are drawn up).

18.1 Please state the carrying
a
activities.		 mount ofst ock and w ork in progress anal ysed
betwee		 n
Stock Donated goods
Work in
For For resale For For resale progress
distribution distribution
Charitable
activities:
Opening
Addedin period
Expensed in period
Impaired
Closing
Other trading activities:
Opening
Added in period 426
Expensed in period
Impaired
Closing 426
Other:
Opening
Added in period
Expensed in period
Impaired
Closing
Total this year 426
Total previous year
This ear Last ear
18.2
Please specify the carrying		 amount of
any stocks pledged as security for liabilities

Amounts falling due Amounts falling due after falling due after
within one year more than one year
This year Last year This year
f		 Last year
cts
5,000
Total 5,000

This year Last year
Please exp/ain the reasons whyincomeis
deferred.
Movement in deferredincome
account		 This year Last year
Balance at the start ofthe reporting period
Amounts
added		 in current period
Amounts
released to income from		 previous periods
Balance at the end ofthe reporting period
ditors and other basic financial
in		 struments
This year Last year
The charity has no significant
instruments other than short
term creditors
Note 24
Cash at bank and		 in hand
This year Last year
Short term cash investments (less than 3 months maturity date)
Short term deposits
Cash at bank and on hand 65,634
Other
Total 65,6 4
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