OpenCharities

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2021-03-31-accounts

Pages
Trustees'
Annual
Report
2to 6
Independent
Examiner's
Report
Statement of Financial Activities
Summary!ncome
and Expenditure
Account
Balance Sheet 10
Notes to the Accounts 11to 15
Detailed Statement
of Financial Activities
16to17

Unrestrkted Restricted
funds funds Total funds
2021 2021 2021
Notes E E
income and endowments
from:
Donations and legacies 46,350 42,899 89,249
Total 46,350 42,899 &9,249
Expenditure on:
Other 33,698 15,000 48,698
Total 33,698 15,000 48,698
Net gains on investments
Net income 12,652 27,899 40,551
Transfers between
funds
Net income
gains/(losses)
before other 12,652 27,899 40,551
Other gains and losses
Net movement
in funds
12,652 27,899 40,551
Reconciliation offunds:
Total funds carried forward 12,652 27,899 40,551

2021
Income 89,249
Gross income for the period 89,249
Expenditure 48,698
Total expenditure
for the period
48,698
Net income before tax forthe period 40,551
Net income for the period 40,551
at 31March 202 1 1 1
Company
No.
12528830 Notes 2021
6
Current assets
Debtors 3,470
Cash at bank and in hand 41,623
45,093
Creditors: Amount falling due within one year (4,542)
Net current assets 40,551
Total assets less current liabilities 40,551
Net assets excluding pension asset or liability 40,551
Total net assets 40,551
The funds ofthe charity
Restricted funds
Restricted
income
funds 27,899
27,899
Unrestricted
funds
Genera
Ifunds
12,652
12,652
Reserves
Total funds 40,551

Fund accoun Fund accoun ting ting
Unrestricted funds These are available for use at the discretion ofthe trustees
in furtherance
of the
general objects ofthe charity.
Designated funds These are unrestricted
funds earmarked
by the trustees
for particular
purposes.
Revaluation funds These are unrestricted
funds which include a revaluation
reserve representing the
restatement
ofinvestment
assets at their market valves,
Restricted funds These are available for use subject to restrictions
imposed
by the donor
or
through
terms ofan appeal.
Income
Recognition of Income is included
in the Statement of Financial Activities (SoFA) when the chadty
income becomes entitled to, and virtually
certain to receive, the
income and the amount
ofthe income can be measured
with sufficien reliability.
Income with related Where income has related expenditure
the income and
related expenditure is
expenditure reported gross in the SoFA.
Donations and Voluntary
income received by way ofgrants, donations
and gifts is included
in
the
legacies the SoFA when receivable and
only when the Charity has unconditional
entitlement
to the income.
Tax reclaims on Income from tax reclaims
is included
in the SoFA atthe same time asthe
donations and giRs gift/donation
to which
it relates.
Donated services These are only included
in income (with an equivalent
amount
in expenditure)
and facilities where the benefit to the Charity is reasonably
quantifiable,
measurable
and
material.
Volunteer help The vaiue ofany volunteer
help received is not included
in the accounts,
Investment income This is included
in the accounts when receivable.
Gains/(losses) on This includes
any gain or loss resulting
from revaluing
investments
to market
value
revaluation of fixed at the end ofthe year.
assets
Gains/(losses) on This includes any gain or loss on the sale ofinvestments.
investment assets
s tothe Acc s tothe Acc ounts
Expenditure
Recognition of Expenditure
is recognised
on an accruals basis. Expenditure
includes any VAT
expenditure which cannot be fully recovered, and is reported as part ofthe expenditure
to
which it relates.
Expenditure on These comprise the costs associated with attracting voluntary
income, fundraising
raising funds trading costs and investment
management
costs.
Expenditure on These comprise the costs incurred
by the Charity in
the delivery ofits activities
charitable activities and services in the furtherance
ofits objects, including the making ofgrants and
governance
costs,
Grants payable All grant expenditure
is accounted for on an actual paid basis plus an accrual for
grants that have been approved
by the trustees at the end ofthe year but not yet
paid.
Governance costs These include those costs associated with meeting the constitutional
and
statutory
requirements
ofthe Charity,
including
any
audit/independent
examination
fees, costs linked to the strategic management
ofthe Charity,
together with ashare ofother administration
costs.
Other expenditure These are support costs not allocated to a particular activity.

3 Income from donation s
and legacies
Unrestricted Restrkted Total
2021
Membership
and Just
Fees
Giving 42,899 42,899
Contribution
to membership
fees and grant awards
9,300
Grants received 37,050 37,050
46,350 42,899 89,249
4 Other expenditure
Unrestricted Restricted Total
2021
Grants given - FPP 15,000 15,000
Employee costs 30,775 30,775
General administrative costs 1,076 1,076
Legal and professional costs 1,847 1,847
33,698 15,000 48,698
5 Staff costs
Salaries and wages 30,000
Pension costs 775
30,775

2021
6
Prepayments and accrued income 3,470
3,470
7 Creditors:
amounts
falling due within one year
2021
6
Trade creditors 160
Other taxes and social security 890
Other creditors 2,692
Accruals and deferred income 800
4,542
8 Movement in funds
Incoming
resources At 31
Resources
(Including
other
expended March
2021
gains/losses)
6
Restricted funds:
Restricted income funds:
Justice Fund 42,899 (15,000) 27,899
Totol 42,899 (15,000) 27,899
Unrestricted funds;
General funds 46,350 (33,698) 12,652
Revaluation Reserves:
Total funds 89,249 (48,698) 40,551

Unrestricted Restricted
Total
funds funds
6 f
(1,072) 41,623 40,551
(1,072) 41,623 40,551

At 31
March
Cash flows 2021
6
Cash and cash equivalents 41,623 41,623
41,623 41,623
Net debt 41,623 41,623

Pension commitments
2021
6
The pension cost charge to the company
amounted to: 775

Unrestricted Restricted
funds funds Total funds
2021 2021 2021
f f f
Income and endowments from:
Donations and legacies
Membership
and Just Giving
Fees 42,899 42,899
Contdbution
to membership
and grant awards
fees 9,300 9,300
Grants received 37,050 37,050
46,350 42,899 89,249
Total income and endowments 46,350 42,899 89,249
Expenditure
on:
Other expenditure
Grants given
—FPP
15,000 15,000
15,000 15,000
Employee costs
Salaries/wages 30,000 30,000
Pension costs 775 775
30,775 30,775
General administrative costs,
including
depreciation
and
amortisation
Software,
ITsupport and related
costs
1,076 1,076
1,076 1,076
l.egal and professional costs
Accountancy
and
bookkeeping 1,847 1,847
1,847 1,847
Total ofexpenditure of other costs 33,698 15,000 48,698
Total expenditure 33,698 15,000 48,698
Net gains on investments
Net income 12,652 27,899 40,551
Net income before other
gains/(losses} 12,652 27,899 40,551
Other Gains
Net movement
in funds
12,652 27,899 40,551
Reconciliation offunds:
Total funds brought forward