## ## ## ## ## ## ## ## ## ## ## ## ## ## |Note 2||||Accounting
policies|||||| |---|---|---|---|---|---|---|---|---|---| |2.2 INCOME|||||||||| |This standard||list ofaccoun/ing
po/icies has been app/ied
by Ihe charily except for /hose licked "Nc"or "N/st
Where a|||||||| |different or|addilional||pc/icy|has been adopted lhen ibis is detailed in the box be/cw.|||||| |Recognition||ofincome||These are included
in the Statement ofFinancial Activities (SoFA)when:|||||| |||||~
the chanty becomes entitled to the resources;|||||| |||||it is more likely than not that the trustees
will receive the resources; and|||Yea|No|Nla| |||||~
the monetary
value can be measured
with sufficient
reliability.|||||| |||||There has been no offsetting
ofassets and liabilities, orincome and expenses,|unless required||||| |Of/setffng||||permiffed
by the FRS 102SORP or FRS 102.|||||| ||||||||Yes|No|N/a| |||||Grants and donations are only included
in the SoFAwhen the general
income|recognition||||| |Grants and|donations|||criteria are met (5.10lo5.12FRS102SORP).|||||| |||||In the case of performance
related grants, income must only be recognised
to|the extent||Yes|No|N/a| |||||that the charity has provided
the specified goods or services as entigement
to|the grant||||| |||||only occurs when the performance
related conditions are met (516FRS102SORP).|||||| |Legacies||||Legacies are included
in the SOFA when receipt is probable,
that is, when there has
been grant cfprobate, the executors have established
that there are sufficient assets in
the estate and any conditions
affached to the legacy are either within the control of Ihe
charity or have been meL|||lZD||| ||||||||Yes|No|N/a| |Government||grants||The chanly has received government
grants
in the reporting
period|||||| |||||Gift Aid receivable
is included
in income when there is a valid dedaration
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
performance
related
grants|||and|This is only included
in the SoFA once the chanty has provided
the related goods or
services cr met the performance
related conditions.|||Yes
No
N/a
lZD||| ||||||||Yes|No|Nla| |Donated goods||||Donated goods are 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
lo be
the fair value ot those gifts at the time of their 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 Ihe|||||| |||||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
sheet.
On its sale the value ofstock is charged against 'Income trom other trading
activities'
and the proceeds from sale are also recognised as 'Income from other trading
activities'.|||ZD||| ||||||||Yes|Nc|N/a| |||||Goods donated
for on-going use by Ihe charity are recognised as tangible fixed assets|||||| |||||and induded
in the SoFAas incoming
resources when receivable.|||||| ||||||||Yes|No|N/a| |||||Gifts in kind for use by the charity are induded
in the SoFAas income fram donations|||||| |||||when receivable.|||||| |Donated services and||||Donated services and facilities are induded
in the SOFA when received at the|value|of|Yes|No|Nla| |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.|||||| ||||||||Yes|No|N/a| |Suppcrtcosts||||The charity has incurred
expenditure
on support costs.|||||| ||||||||Yes|No|Nla| |Volunteer|help|||The value ofany voluntary
help received is not included
in the accounts but is
in the trustees'
annual
reporL|described||||| ||||||||es|o|Nla| |Income from||Interest,||This is induded
in the accounts when receipt is probable
and the amount
receivable||can|||| |royalties and||dividends||be measured
reliably.|||||| |||||||Yes|No|N/a| |---|---|---|---|---|---|---|---|---| |Income from|||membership|Membership
subscriptions
received
in the nature ofa gift are recognised
in Donations||||| |subscriptions||||and Legacies.||||| |||||Membership
subscriptions
which gives a member the right to buy services orother
benefits are recognised as income earned
from the provision
ofgoods and services
income from charitable
activities.|as|es
o
/a
CEH||| |Settfement
claims||ofinsurance||Insurance
claims are only included
in the SoFA when the general
income recognition
cntena are met (5.10to 5.12FRS102SORP) and are included as an item ofother
income
in the SoFA.||Yes|No|N/a| |Investment
losses||gains and||1his includes any realised or unrealised
gains orlosses on the sale ofinvestmenls
any gain or loss resulting
from revaluing
investments
to market value at the end of|and
the|Yes|No|N/a| |||||year.||||| |2.3 EXPENDITURE||||AND LIABILITIES||||| |Liability recognition||||Liabilities are recognised where
it is more likely than not that there isa legal or||Yes|No|N/a| |||||constructive
obligation
commiffing
the charity to pay out resources and the amount|ofthe|||| |||||obligation can be measured
with reasonable
certainty.||||| |costs|||ri|Support costs have been allocated between governance
costs and other support.
Governance
costs comprise
ag costs involving
public accountability
ofthe charity and its
compliance
with regulation
and goad practice.||||| |||||Support costs indude
central functions
and have been allocated to activity cost||Yes|No|N/a| |||||categories on a basis consistent
with the use ofresources, eg allocating
property costs||||| |||||by floor areas, or per capita, staff costs by the time spent and other costs by their usage.||||| |Grants with performance
conditions
Grants payable without
performance
conditions||||Where the charity gives a grant with conditions for its payment
being a specific level of
service or output to be provided,
such grants are only recognised
in the SoFAonce the
recipient ofthe grant has provided
the speciTied service or output.
Where there are no conditions
attaching
to the grant that enables the donor charity to
realistically
avoid the commitment,
a liability for the full funding
obligation
must be
recognised.||es
No
N/a
[HZ
Yes
No
N/a
CDZ||| |||||||Yes|No|N/a| |Redundancy|||cost|The charity made no redundancy
payments
during the reporting
period.||||| |Deferred Income||||No material
item ofdeferred
income has been included
in the accounts.||Yes|No|N/a| |||||||Yes|No|N/a| |Creditors||||The charily has creditors which are measured
at settlement
amounts less any trade
discounts||||| |||||A liability is measured
on recognition
at its historical cast and then subsequently||Yes|No|N/a| |Provisions||for liabilities||measured
at the best estimate ofthe amount
required
to settle the obligabon
at the||||| |||||reporting
date||||| |flaslc financial
instruments||||The chariiy accounts for basic financial
instruments
on initial recognition as per
paragraph
11.7 FRS102SORP. Subsequent
measurement
is as per paragraphs
11.17
to 11.19,FRS102SORP.||Yes|No|N/a| |2.4ASSETS||||||||| |Tangible fixed assets for||||These are capitalised
ifthey can be used for more than one year, and cost atleast||||| |use by charity||||||Yes|No|N/a| |||||1 hey are valued at cast.||||| |||||The depreciation
rates and methods
used are disdosed
in note 9.2.||||| |Intangible|fixed assets|||The charily has intangible
fixed assets, that is, non-monetary
assets that do not have||Yes|No|N/a| |||||physical substance
but are identifiable
and are controged
by the charity through
custody||||| |||||or legal rights.
The amortisation
rates and methods used are disdosed
in note 9.5||||| |||||||||/a| |||||They are valued at cast.||||| |Heritage assets||||The chanly has hentage assets, that is, non-monetary
assets with historic, arbstic,
saentific, technological,
geophysical
or environmental
qualities
that are held
and
maintained
principally
for their contnbution
lo knowledge
and culture.
The depreciation
rates and methods
used as disdosed
in note 9.5.1.4.||Yes
No
N/a
EZZ||| |||||||Yes|No|N/a| |||||They are valued atcost||||| |Investments||||Fixed asset investments
in quoted shares, traded bonds and similar investments
are||||| |||||valued at initially at cost and subsequently
at fair value (their market value) at the year||Yes|No|N/a| |||||end. The same treatment
is applied to unlisted
investmenls
unless fair value cannot be||||| |||||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|No|N/a| |||||maturity
date ofless than I year are treated as current asset investmenls||||| |Stocks and work in
progress|Stocks held for sale as part ofnon-chantable
trade are measured
at the lower or cost or net
realisable
value.|Stocks held for sale as part ofnon-chantable
trade are measured
at the lower or cost or net
realisable
value.|Yes
No
N/a
EZD|Yes
No
N/a
EZD|Yes
No
N/a
EZD| |---|---|---|---|---|---| ||Goads or services provided as part ofa charitable
activity are measured|at net realisable
value|Yes|No|Nla| ||based on the service potential
provided
by items ofstock.||||| ||||Yas|No|N(e| ||Work in progress
is valued at cost less any foreseeable loss that is likely|to occur on the contract.|||| ||Debtors Snctuding
trade debtors and loans receivable) are measured
on|initial recognition
at|||| ||settlement
amount
after any trade discounts
or amount
advanced
by the|charity.
Subsequently,|||| ||they are measured
atthe cash or other consideration
expected to be received.||||| ||The charity has has investments
which
it holds for resale or pending
their sale and cash and cash||Yes||| |Current asset investments|equivalents
with a maturity
dale less than one year. These indude cash on deposit and cash
equivalents
with a maturity
dale ofless than one year held for investment
purposes
rather than to||||| ||meet short term cash commitments
as they fall due.||||| ||||Yes|No|Nle| ||They are valued at fair value except where they qualify as basic financial|instruments.|||| |Note 3||||Analysis ofincome|Analysis ofincome|Analysis ofincome|Analysis ofincome|Analysis ofincome|Analysis ofincome|Analysis ofincome|||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||||||||||Restricted|||| ||||||||||||||Unrestricted|Income|Endowment||| |||||||Anal|sis||||||funds|funds|funds|Total funds
8|Prior year
f| |Donations||Donations|||and|ifts|||||||||||| |and legacies;||Gift Aid
Le acies|||||||||||415,287|||415,287|| |||General grants provided||||||by|government/other||||||||| |||chadities|||||||||||||||| |||Membership|||subscriptions||||and|sponsorships|||||||| |||which are||in substance|||donations||||||||||| |||Donated||cods,||facilities||and||services|||||||| |||Other|||||||||||||||| |||||||||||||Total|415,287|||415,287|| |Charitable|||||||||||||||||| |activities:|||||||||||||||||| |||Other|||||||||||||||| |||||||||||||Total|||||| |Other trading|||||||||||||||||| |activities:|||||||||||||||||| |||Other|||||||||||||||| |||||||||||||Total|||||| |Income from||Interest income|||||||||||||||| |investments:||Dividend||income|||||||||||||| |||Rental and|||leasin
income||||||||||||| |||Other|||||||||||||||| |||||||||||||Total|||||| |Separate|||||||||||||||||| |material|item||||||||||||||||| |of income:|||||||||||||||||| |||||||||||||Total|||||| |Other:||Conversion|||ofendowment||||funds||into income||||||| |||Gain on disposal||||ofa tangible||||fixed asset||held|||||| |||for charit||'s own||use|||||||||||| |||Gain on disposal||||ofa programme|||||related||||||| |||investment|||||||||||||||| |||Royalties||from the exploitation||||||of|intellectual||||||| |||ro e|ri||hts||||||||||||| |||Other|||||||||||||||| |||||||||||||Total|||||| |TOTAL INCOME|||||||||||||415,287|||415,287|| |Note 6|||Analysis|Analysis|of|expenditure|expenditure|||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||||||||||This|year|||||Lastyear|||| |||||||||||||||Rsstllotoa||||| |||||||0|*tn tsd|R start|C|Endo|ment||unrestricted|Inoom||Ena|m ot|| |Analysis|||||||f ods|income funds||funds||TotslfunCO|f nas|f nas||f|C*|Tot*if ods| |Ex enditure
on raisin||funds:||||||||||6||||||f.| |Incurred seeking donations||||||||||||||||||| |Incurred seeking legacies||||||||||||||||||| |Incurred seeking grants||||||||||||||||||| |Operating
membership
schemes and||||||||||||||||||| |social loderies||||||||||||||||||| |Staging fundraising
events||||||||||||||||||| |Fudraising
agents||||||||||||||||||| |Operating
charity shops||||||||||||||||||| |Operating
a trading
company||||||||||||||||||| |undertaking
non-charitable|||trading|||||||||||||||| |ncdvlty||||||||||||||||||| |Advertising,
marketing,
direct||||mail and||||||||||||||| |ublici||||||||||||||||||| |Start up costs incurred
in||genemting||||||||||||||||| |new source otfuture income||||||||||||||||||| |Database development|costs|||||||||||||||||| |Other trading
ackviTies||||||||||||||||||| |Investment
management||costs:||||||||||||||||| |Portfolio mana
ament costs||||||||||||||||||| |Cost of obtaining
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:||||||||||||||||||| ||||||||17,500|||||17,500||||||| |Total expenditure
on charitable||||||||||||||||||| |activities|||||||17,500|||||17,500||||||| |Se arete material
Item|ofex ense|||||||||||||||||| |LEGAL COSTS:TRUST|||SE1 UP||||3,500|||||3,500||||||| |Total|||||||3,500|||||3,500||||||| |Other||||||||||||||||||| |Total other expenditure||||||||||||||||||| |TOTAL EXPENDITURE|||||||21,00D|||||21,00D||||||| |Other Information:||||||||||||||||||| |Analysis ofexpenditure|||on|charitable||activities||||||||||||| ||||||||||This|ear|||||Last|ear||| |Activity or programme||||||Aclivities
undertaken
directl||Gmnt
funding of
activities||Siippoit
Costs||Total this
year|Activities
undertaken
directl|Grant
funding of
activities||Support
Costs||Totallast
year| |Actlvlty I||||||||17,50D||||17,500||||||| |Acavity 2||||||||||||||||||| |Orner||||||||||||||||||| |Total||||||||17,50D||||17,500|||||||