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|Trustees' Report||1 to 7|
|---|---|---|
|Statement ofTrustees'|Responsibilities||
|Independent
Auditors'|Report|9to 11|
|Statement ofFinancial|Activities|12|
|Balance Sheet||13|
|Statement ofCash Flows||14|
|Notes to the Financial|Statements|15to 26|
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|Reference and Administrative|Reference and Administrative|Details|||
|---|---|---|---|---|
|Trustees||RBlatchford|(appoinnxl|on 25 March 2020)|
|||CHealy|(appointed|on 25 March 2020)|
|||PWagstaffe|(appointed|on 25 March 2020)|
|||LLewis|(appointed|on 25 March 2020)|
|||V Galbraith|(appointed|on 25 March 2020)|
|||JRuffell|(appointed|on 25 March 2020)|
|||LDawson|(co-opted|on 14 December 2020)|
|||N Browne|(co-opted|on 14 December 2020)|
|||M Ross|(co-opted|on 14 December 2020)|
|Principal Office||New Street|||
|||Lymington|||
|||Hampshire|||
|||SO41 9BQ|||
|Charity Registration|Number|1188765|||
|Solicitors||Laster Aldridge|||
|||Russell House|||
|||Oxford Road|||
|||Boumemouth|||
|||Dorset|||
|||BH8 8EX|||
|Bankers||Barclays Bank PLC|||
|||21 High Street|||
|||Lymington|||
|||Hampshire|||
|||SO41 9YJ|||
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|(Including
Income|and Expenditure
A|ccount and Statemen|t ofTotal Rec|t ofTotal Rec|
ognised Gains|and Losses)|and Losses)|
|---|---|---|---|---|---|---|---|
||||Unrestricted|||Total||
|||Note|funds
f,||Restricted funds|31August 2021
f||
|Income and Endowments|from.|||||||
|Donations
and legacies||||112,562|302,400||414,962|
|Charitable
activities||||224,860|||224,860|
|Other trading activities||||2,622|||2,622|
|Investment
income||||17,714|||17,714|
|Other income||||45 581|||48 881|
|Total income|||~403 339||302400||705 739|
|Expenditure
on:||||||||
|Raising funds||||(16)|(650)||(666)|
|Charitable
activities||||||470 550||
|Total expenditure|||~499 99~9||t7798817**7**|(4~77||
|Net income||||2,940|231,583||234,523|
|Funds transfer from old charity|||1,187,750||8,669|1,196,419||
|Transfers between
funds||||17996|1799|||
|Net movement
in funds|||1|208 686|222 256|1|430942|
|Reconciliation
offunds||||||||
|Total funds carried forward||17|1,208 686||222 256|1|430942|
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|||Balance Sheet as at 31Augu|st 2021|||
|---|---|---|---|---|---|
|||||31August 2021||
||||Note|g||
|Fixed assets||||||
|Tangible assets|||13||812,441|
|Current
assets||||||
|Stocks|||14||1,818|
|Debtors|||15||93,263|
|Cash at bank|and in hand||||583 610|
||||||678,691|
|Creditors: Amounts||falling due within one year||~460 19tl||
|Net current|assets||||618 501|
|3Vet assets||||1,430,942||
|Funds ofthe|charity:|||||
|Restricted income funds||||||
|Restricted funds|||17||222,256|
|Unrestricted|income|funds||||
|Unrestricted|funds|||1~208686||
|Total funds||||1|430942|
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||||||31August 2021|
|---|---|---|---|---|---|
|||||iNote|f.|
|Cash flows from operating||activities||||
|Net cash income|||||1,430,942|
|Adjustments
to cash llows|from non-cash||items|||
|Depreciation||||7|90,076|
|Invmtment
income|||||~17~714|
||||||1,503,304|
|Working capital adjustments||||||
|Increase in stocks||||14|(1,818)|
|Increase in debtors||||15|(93,263)|
|Increase in creditors||||16|37,463|
|Increase in deferred income|||||.~22 727|
|Net cash flows from operating||activities|||1 468413|
|Cash flows from investing|activities|||||
|Interest receivable
and similar income||||5|17,714|
|Purchase oftangible fixed assets|||||~902517)|
|Net cash flows from investing||activities|||~884 80+3|
|Net increase in cash and cash||equivalents|||583,610|
|Cash and cash equivalents
at||25 March 2020||||
|Cash and cash equivalents
at|31August 2021||||383610|
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|2
Income|from donations|and legacies||||||
|---|---|---|---|---|---|---|---|
||||Unrestricted|||||
||||funds|||||
|||||||Total||
||||General|Restricted|funds|31August|2021|
|||||||g||
|Donations|and legacies;|||||||
|Donations|from individuals||16,081||||16,081|
|Grants, including
capital grants;||||||||
|Corona Virus Job Retention||Scheme Grant|57,766||||57,766|
|Government|grants||38,715||||38,715|
|Fund Raising - Celebrating||70|||302400|302400||
||||112562||302,400|414,962||
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|3
Income|f|rom charitable
activities||||
|---|---|---|---|---|---|
||||Unrestricted|||
||||funds|||
|||||Total||
||||General|31August|2021|
|||||E||
|Subscriptions|||9,559||9,559|
|Subscriptions||from affiliated bodies|1,670||1,670|
|Car park income|||6,229||6,229|
|Classes income|||3,171||3,171|
|Bar|||797||797|
|Cafe|||13,927||13,927|
|Cinema/Malt||Hall|10,964||10,964|
|Pottery|||654||654|
|Lymington|Players||450||450|
|Preschool|||109,380|109,380||
|Public and|internal room hire||67,368||67,368|
|Equipment|hire||168||168|
|Photocopying||income|523||523|
||||224 860|224 860||
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|||Unrestricted|||
|---|---|---|---|---|
|||funds|||
||||Total||
|||General
f|31August|2021|
|Trading|income;||||
|Sale of|books|2 622||2622|
|||2622||2 622|
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|Interest receivable|and similar income;|
|---|---|
|Interest receivable|on bank deposits|
|Freda Holmes Legacy||
|Unrestricted|||||
|---|---|---|---|---|
|funds|||||
||||Total||
|General||31|August|2021|
||||g||
||364|||364|
|17|350|||17350|
|17|714|||17714|
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|8
Expendi|tu|re
on charitable
activities|||||||
|---|---|---|---|---|---|---|---|---|
||||Unrestricted|funds|||||
||||||||Total||
||||Designated|General|Restricted|funds|31August|2021|
||||g|t|||||
|Classes expenditure||||1,070||||1,070|
|Bar||||546||||546|
|Cafe including||salaries||27,364||||27,364|
|Cinema/Malt||Hall||5,901||||5,901|
|Lymington|Players|||1,199||||1,199|
|Preschool|||94,994|||||94,994|
|Photocopying||expenditure||130||||130|
|Support costs||||249,270|||249,270||
|Depreciation||||19909||70 167||90076|
||||94994|305,389||70 167|470 550||
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|||||||Unrestricted|||
|---|---|---|---|---|---|---|---|---|
|||||||funds|||
||||||||Total||
||||||Basis of|General|31August|2021|
||||||allocation||g||
|Administrative|salaries|||||111,260|111,260||
|Water rates||||||1,133||1,133|
|Light and heat||||||20,548|20,548||
|Insurance||||||10,265||10,265|
|Building repairs||||||10,559||10,559|
|Equipment
repairs and||renewals||||553||553|
|Computer
maintenance||and|software|||4,075||4,075|
|Telephone||||||3,237||3,237|
|Printing, postage, stationery|||and advertising|||3,129||3,129|
|Newsletters
and|MLAP|||||293||293|
|Sundry expenses||||||3,379||3,379|
|Cleaning
and waste disposal|||—including|wages||69,204|69,204||
|Accountancy||||||6,225||6,225|
|Legal and professional
Bank charges||fees||||3,712
I 698|3,712
~1698||
|||||||249 270|249 270||
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|Net incoming/out|going
resources for the period include:||
|---|---|---|
|||31August 2021|
|Audit fees||3,000|
|Other non-audit|services|3,225|
|Depreciation of|fixed assets|90 076|
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|The aggregate
payr|oll costs were as fogows;||
|---|---|---|
|||2021|
|Staff costs during|the period were;||
|Wages and salaries||262,291|
|Social security costs||10,349|
|Pension costs||3 649|
|||276289|
|The monthly
average number ofpersons (including
senior mana
as full time equivalents
was as follows;|gement
team) employed
by the charity during
the period exp|ressed|
|---|---|---|
||31August|2021|
||No||
|Caretakers||6|
|Administration||7|
|Catering staff|||
|Manager|||
|Preschool|||
|||24|
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|13 Tangible fixed assets|||||||
|---|---|---|---|---|---|---|
||Land and|Furniture
and||Celebratiag 70|Freehold Fuller||
||buildings|equipment||refurbishment|McLellan Hall|Total|
|Cost|||||||
|Transfers from charity no 301880(The|||||||
|old charity)|175,271|241,657||262,670|706,890|1,386,488|
|Additions
At 31August 2021|175271|241|657|108,072
370742|706 890|~108072
I 494 5'I|
|Depreciation|||||||
|Transfers from charity no 301880(The|||||||
|old charity)|109,712|239,213||45,032|198,086|592,043|
|Charge for the period|3 505|2|268|70167|14 136|90076|
|At 31August 2021|113217|241|481|115,199|212222|682 119|
|Net book value|||||||
|At 31 August 2021|62054||176|255 543|494 668|812441|
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|16 Credit|ors: amo|unts
falli|ng due within one year||
|---|---|---|---|---|
|||||31August 2021|
|Trade creditors||||17,104|
|Other taxation
and||social security||4,073|
|Pension scheme creditor||||1,219|
|Accruals
Deferred|income|||15,067
~22 727|
|||||60 790|
|||||31August 2021|
|Deferred|income transferred||from old charity|(17,844)|
|Resources|deferred|in the period||22,727|
|Amounts|released|from previous periods||~17 844|
|Deferred|income at year end|||22 727|
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|17 Funds|||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|||||Funds transfer|||||||
|||||from The old|||||||
|||||charity as at 1
September
2020||Incomiug
resources|Resources
expended||Transfers|Balance at 31
August 2021|
|||||8|||||s||
|Unrestricted||funds|||||||||
|Generrd|||||||||||
|Unrestricted||general|fund||25,619|293,959|(294,846)||3,827|28,559|
|Designated|||||||||||
|Establishment||fund|||794,445||||17,996|8127441|
|Pre-School Fund|||||12,000|109,380|(105,553)||(3,827)|12,000|
|Development||Fund|General||25,489|||||25,489|
|Development||Fund|Malt Hall||5,619|||||5,619|
|Disaster Recovery Reserve|||||140,000|||||140,000|
|Development||Fund|- New Pre School||52,068|||||52,068|
|Development||Fund|- Lift||132510|||||132510|
|||||1|162 131|109380|105|553|14 169|1 180 127|
|Total Unrestricted|||funds|1,187,750||403,339|(400,399)||17,996|1,208,686|
|Restricted|funds||||||||||
|Celebrating||70|||8 669|302400|70|817|17996|222 256|
|Total funds||||1|196419|705 739|471|16||1 430942|
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