| Contents | Page | |
|---|---|---|
| Trustees and Advisors | ||
| Report ofthe Trustees | ||
| Report ofthe Independent | Examiner | |
| Statement ofFinancial Activities | ||
| Balance Sheet | ||
| Notes forming part ofthe |
financial statements |
| Restricted | Unrestricted | |||||
|---|---|---|---|---|---|---|
| Funds | funds | Total funds | Total Funds | |||
| 2021 | 2020 | |||||
| f. | f | E | ||||
| Income and endowments | (rom: | |||||
| Rent - Residents House |
16,900 | 16,900 | 16,900 | |||
| Interest received | 40 | 40 | 152 | |||
| CIL Funding | 5,375 | |||||
| Other income | 134 | 594 | ||||
| Government grants |
20,241 | 20,241 | ||||
| Total income | 20,375 | 16,940 | 37,315 | 23,021 | ||
| Expenditure —Charitable | activities | |||||
| Management Contract |
19,756 | 19,756 | 19,327 | |||
| External &Internal | Refurbishments | 2,160 | 2,160 | 5,375 | ||
| Repairs & Maintenance | 2,610 | 2,610 | 667 | |||
| Insurance | 881 | 881 | 1,934 | |||
| General Expenses | 212 | |||||
| Depreciation | 9,558 | 9,558 | 9,558 | |||
| Total payments | 11,718 | 23,247 | 34,965 | 37,072 | ||
| Net Surplus (Deficit) | for | year | 8,657 | (6,307) | 2,350 | (14,052} |
| Reconciliation offunds |
||||||
| Balance brought forward | at 1April 20 | 397,815 | 13,295 | 411,110 | 411110 | |
| Balance carried forward | at 31 March 21 | 406,472 | 6,988 | 413,460 | 396,146 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| Note | 6 | 6 | ||
| Fixed assets | ||||
| Tangible | 310,380 | 319,938 | ||
| Current assets | ||||
| Cash | 110,892 | 94,867 | ||
| Debtors | 593 | |||
| Less:Current | liabilities | (7,812) | (4,288) | |
| Net current | assets | 103,080 | 91,172 | |
| Tote I Net Assets | 413,460 | 411I110 | ||
| Accumulated | Balance ofFund | |||
| Net fixed assets | 299,496 | 299,496 | ||
| Revaluation | reserve - land | 30,000 | 30,000 | |
| Unrestricted | funds | 18,074 | 9,417 | |
| Restricted funds | 65,890 | 72,197 | ||
| 413,460 | 411,110 |
| Freehold | Freehold | Furniture | ||
|---|---|---|---|---|
| Land | Buildings | &Equipment | Total | |
| 6 | E | E | ||
| Cost orvaluation | ||||
| At1April 2020 &31 March 2021 | 70,000 | 280,000 | 27,078 | 377,078 |
| Depreciation and impairments |
||||
| At 1April 2020 | (40,000) | (17,140) | (57,140) | |
| Depreciation in year |
(8,000) | (1,558) | (9,558) | |
| As at31March 2021 | (48,000) | (18,698) | (66,698) | |
| Net book value at 1April 2020 | 701000 | 240,000 | 9,938 | 319,938 |
| Net book value 30March 2021 | 70,000 | 232,000 | S,380 | 310,380 |
| 6 | Movement in cash |
2021 | ||
|---|---|---|---|---|
| E | ||||
| Opening balance at1April 20 | 94,867 | |||
| Add: income in year | ||||
| Government grants |
20,241 | |||
| Lettings | 728 | |||
| interest | 40 | |||
| 21,009 | ||||
| Less:expenditure | In year | |||
| Insurance | 214 | |||
| Maintenance | 2,610 | |||
| Refurbishment | 2,160 | |||
| General expenses | ||||
| (4,984) | ||||
| Closing balance at | 31March 21 | 110,892 | ||
| 7 | Cash Balances | |||
| 2021 | 2020 | |||
| E | E | |||
| Barclays KGHT Business premium | 88,227 | 88,187 | ||
| Barclays KGHT Community | 22,665 | 6,680 | ||
| 110,892 | 94,867 |