| Page | |||
|---|---|---|---|
| Reference and administrative | details ofthe charity, its trustees | and advisers | |
| Trustees' report |
2-6 | ||
| Independent examiner's report |
7-8 | ||
| Statement offinancial activities | |||
| Balance sheet | 10 | ||
| Notes to the financial statements | 11-17 |
| Unrestricted | Total | ||||
|---|---|---|---|---|---|
| funds | funds | ||||
| 2020 | 2020 | ||||
| Note | F | ||||
| INCOME FROM: | |||||
| Donations and legacies |
2 | 293,435 | 293,435 | ||
| Other trading activities |
1,893 | 1,893 | |||
| investments | 3 | 31 | 31 | ||
| TOTAL INCOME | 295,359 | 295,359 | |||
| EXPENDITURE ON: | |||||
| Direct cost: | |||||
| Direct expenditure on activities |
23,201 | 23,201 | |||
| Other charitable activities |
21,497 | 21,497 | |||
| TOTAL EXPENDITURE | 44,698 | 44,698 | |||
| NET INCOME BEFOREINVESTMENT GAINS | 250,661 | 250,66'I | |||
| Net gains on revaluation | of Charity's | property | 853,790 | 853,790 | |
| NET INCOME BEFOREOTHER RECOGNISED GAINS AND | |||||
| LOSSES | 1,104,451 | 1,104,451 | |||
| NET MOVEMENT IN FUNDS |
1,104,451 | 1,104,451 | |||
| RECONCILIATION OF FUNDS: |
|||||
| Total funds brought forward |
|||||
| 1,104,451 | 1,104,451 | ||||
| TOTAL FUNDS CARRIED | FORWARD |
| AS AT 31 DECEMBE | R 2020 | ||||
|---|---|---|---|---|---|
| 2020 | |||||
| Note | |||||
| FIXEDASSETS | |||||
| Tangible assets | 1,010,917 | ||||
| CURRENT ASSETS | |||||
| Stocks | 9 | 712 | |||
| Debtors | 10 | 4,661 | |||
| Cash at bank and | in hand | 94,662 | |||
| 100,035 | |||||
| CREDITORS: amounts | falling due within one year | (6,501) | |||
| NET CURRENT ASSETS | 93,534 | ||||
| NET ASSETS | 1,104,451 | ||||
| CHARITY FUNDS | |||||
| Unrestricted funds |
12 | 1,104,451 | |||
| TOTAL FUNDS | 1,104,451 |
| INCOIIE | FROM DO | NATIONS AND LEGACIES |
||
|---|---|---|---|---|
| Unrestricted | ||||
| funds | ||||
| 2020 | ||||
| E | ||||
| Donations | and legacies | 3,979 | ||
| Donations | —transfer | ofThames Sailing Club assets | 244,451 | |
| Charitable | activities | 34,755 | ||
| Grant from Local Authority | 10,000 | |||
| Activities generating | funds and similar incoming | resources | 250 | |
| Total donations and |
legacies | 293,435 |
| Unrestricted | |||
|---|---|---|---|
| funds | |||
| 2020 | |||
| E | |||
| Direct expenditure | 23,201 | ||
| ACTIVITIES | |||
| 2020 | |||
| E | |||
| Boats | 4,911 | ||
| Traininig | 16,696 | ||
| Other charitable | |||
| Trade | 1,594 | ||
| Fundraising | |||
| Total | 23,201 | ||
| 5. | ANALYSIS OF OTHER EXPENDITURE ON CHARITABLE ACTIVITIES | ||
| Unrestricted | |||
| funds | |||
| 2020 | |||
| E | |||
| Other expenditure | on activities (see note 6) | 21,497 |
| SUPPORT | AND GOVER | NANCE COSTS | ||
|---|---|---|---|---|
| Unrestricted | Total | |||
| funds | 2020 | |||
| E | ||||
| Support costs | ||||
| Office costs | 3,453 | 3,453 | ||
| Premises | costs | 14,786 | 14,786 | |
| Governance | costs | |||
| Legal and | professional | costs | 3,258 | 3,258 |
| 21,497 | 21,497 |
| 2020 | ||||
|---|---|---|---|---|
| Depreciation oftangible fixed assets: |
||||
| —owned by |
the charity | 5,701 | ||
| Independent Examiner's fees |
1,800 | |||
| During the period, | no Trustees received any remuneration. | |||
| During the period, | no Trustees received any benefits | in kind. | ||
| During the period, | no Trustees received any reimbursement | ofexpenses. |
| TANGIBLE FIXEDASSETS | ||||||
|---|---|---|---|---|---|---|
| Fixtures, | ||||||
| Freehold | fittings and | Club boats and | ||||
| property | equipment | Safety boats | boards | Total | ||
| F | E | E | ||||
| Cost or valuation | ||||||
| At 20 November 2019 | ||||||
| Additions and cost ofassets |
||||||
| transferred in |
146,210 | 26,512 | 20,139 | 28,920 | 221,781 | |
| Disposals | (1,762) | (1,762) | ||||
| Revaluation surplus/(deficit) |
853,790 | 853,790 | ||||
| At 31 December 2020 | 1,000,000 | 26,512 | 20, | 139 | 27,158 | 1,073,809 |
| Depreciation | ||||||
| At 20 November 2019 | ||||||
| Charge for the period | 2,858 | 459 | 2,384 | 5,701 | ||
| On disposals and |
||||||
| depreciation on assets |
||||||
| transferred in |
18,186 | 15,927 | 23,078 | 57,191 | ||
| At 31 December 2020 | 21,044 | 16,386 | 25,462 | 62,892 | ||
| Net book value | ||||||
| At 31 December 2020 | 1,000,000 | 5,468 | 3,753 | 1,696 | 1,010,917 |
| Cost or v | aluation |
at 31 December | 2020 is as follows: | |
|---|---|---|---|---|
| Land and | ||||
| buildings | ||||
| E | ||||
| At cost | 146,210 | |||
| At valuation: | ||||
| Freehold | property | has been valued | on an open market value basis by the Trustees as at | |
| 31 December 2020. | 853,790 | |||
| 1,000,000 |
| historical cos | t convention as follows: |
||
|---|---|---|---|
| 2020 | |||
| Cost | 146,210 | ||
| Accumulated | depreciation | ||
| Net book value | 146,210 | ||
| 9. | STOCKS | ||
| 2020 | |||
| E | |||
| Bar stock for | resale | 712 | |
| 10. | DEBTORS | ||
| 2020 | |||
| E | |||
| Trade debtors | 2,550 | ||
| Other debtors | 2,111 | ||
| 4,661 |
| CREDITORS: Amount | s falling due within one year |
|
|---|---|---|
| 2020 | ||
| E | ||
| Trade creditors | 1,283 | |
| Other creditors | 863 | |
| Accruals and deferred | income | 4,355 |
| 6,501 |
| STATEM | ENT | OF FUNDS - CUR | RENT YEAR | ||||
|---|---|---|---|---|---|---|---|
| Balance at 20 | Balance at 31 | ||||||
| November | Gains/ | December | |||||
| 2019 | Income | Expenditure | (Losses) | 2020 | |||
| Unrestricted | funds | ||||||
| General | Funds - all funds | 295,359 | (44,698) | 853,790 | 1,104,451 |
| ANALY | SIS O | F NET ASSETS BETWEEN FUNDS - CURRENT | YEAR |
|---|---|---|---|
| Unrestricted | |||
| funds | |||
| 2020 | |||
| F | |||
| Tangible | fixed | assets | 1,010,917 |
| Current | assets | 100,035 | |
| Creditors | due | within one year | (6,501) |
| 1,104,451 |