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|Contents||
|---|---|
|REPORT OF THE TRUSTEES.||
|STATEMENT OF TRUSTEES' RESPONSIBIUTIES||
|INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS AND TRUSTEES OF MITCHAM GARDEN VILLAGE........8||
|STATEMENT OF FINANCIAL ACTIVITIES|10|
|BALANCE SHEET.||
|CASH FLOW STATEMENT|13|
|NOTES TO THE FINANCIAL STATEMENTS|14|
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|Statement of Financial||Activities||||
|---|---|---|---|---|---|
|||||2020|2019|
|||||Unrestricted|Unrestricted|
|||||Funds|Funds|
||||Notes|f|f|
|INCOMING
RESOURCES||||||
|Incoming
resources from generated||funds||||
|Incoming
resources from charitable||activities||515,243|477,492|
|Investment
income||||352|232|
|Total incoming resources||||515,595|477,724|
|RESOURCES EXPENDED||||||
|Cost ofgenerating
funds||||||
|Charitable
activities||||||
|Management
charges||||138,057|128,285|
|Establishment
expenses||||188,023|217,177|
|Administrative
expenses||||2,805|8,327|
|Mortgage interest||||3,550|7,343|
|||||332,434|361,132|
|Governance
costs||||||
|Audit fees||||4,800|4,800|
|TOTAL RESOURCES EXPENDED||||337,234|365,932|
|Net incoming resources||||178,361|111,792|
|RECONCILIATION
OF FUNDS||||||
|Totalbrought
forward||||882,989|771,197|
|Trust funds at 30September 2020||||1,061,350|882,989|
|Investment
property
revaluation|reserve|||6,874,944|6,874,944|
|TOTAL FUNDS CARRIED FORWARD||||7,936,294|7,757,933|
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||||||2020|
|---|---|---|---|---|---|
|OPERATING ACTIVITIES||||||
|Net Income|||||178,361|
|Adjustments
to reconcile Net|Income to Net Cash provided||by operations:|||
|Decrease in debtors|||||(670)|
|Increase
in creditors|||||(7485)|
|Total Adjustments
to reconcile||Net Income to Net Cash|provided|by||
|operations:|||||(8,155)|
|Net cash provided
by operating|activities||||170,206|
|INVESTING ACTIVITIES||||||
|Furniture
gt Fittings: Accum. Depreciation|||||1,795|
|Net cash provided
by investing|activities||||1,795|
|FINANCING
ACTIVITIES||||||
|Mortgage Account|||||(6,677)|
|Net cash provided
by financing|activities||||(6,677)|
|Net cash increase for period|||||165,324|
|Cash at beginning
of period|||||311,944|
|Cash at end ofperiod|||||477,268|
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||Taxation|||||||
|---|---|---|---|---|---|---|---|
||The charity
is|exempt||from corporation|tax.|||
|3.|Investment||Income|||||
|||||||2020|2019|
||Interest receivable|||||352|232|
|4.|Establishment|||expenses||||
|||||||2020|2019|
||Salaries & Nl|||||11,318|10,824|
||Property
maintenance|||||141,309|168,885|
||Depreciation|||||1,795|2,243|
||Insurance|||||8,364|8,869|
||Council tax|||||1,195|933|
||Water rates|||||21,076|20,850|
||Light &heat|||||2,966|4,573|
|||||||188,023|217,177|
|5.|Administrative|||expenses||||
|||||||2020|2019|
||Telephone|||||276|271|
||Community|support||services||932|1,832|
||Bookkeeping|||||||
||Lega
Ifees||||||5,487|
||Sundry expenses|||||1,505|634|
||Bank charges|||||92|103|
|||||||2805|8,327|
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|Mortgage inter|est|||||
|---|---|---|---|---|---|
|Interest on mortgages|repayable|after|more than one year|||
|||||2020|2019|
|Mortgage interest||||3,550|7,343|
|Net Incoming/|(Outgoing)||Resources|||
|Net resources are stated after charging/(crediting):||||||
|||||2020|2019|
|Depreciation —owned|assets|||1,795|2,243|
|Auditor's
remuneration||||4,800|4,800|
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|Tangible
Fixed|Assets||||
|---|---|---|---|---|
||Car Park|Freehold|Fixtures &|Total|
|||Investment|Fittings||
|||Property|||
|Cost/Valuation|||||
|At 1October 2019|28,292|7,500,000|283,639|7,811,931|
|Additions|||||
|At 30September 2020|28,292|7,500,000|283,639|7,811,931|
|Depreciation|||||
|At 1October 2019|28,291||274,664|302,955|
|Charge for the year|||1,795|1,795|
|At 30September 2020|28,291||276,459|304,750|
|Net BookValue|||||
|At 30September 2020||7,500,000|7,182|7,507,182|
|At 30September 2019||7,500,000|8,976|7,508,976|
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|10.|Creditors:|Amounts|Amounts|falling due within|falling due within|one year|
|---|---|---|---|---|---|---|
||||||2020|2019|
||Mortgages||||35,000|35,000|
||Taxation and social||security||664|(1,147)|
||Other creditors||||5,548|14,843|
||||||41,212|48,696|
|11.|Creditors:|Amounts||falling due after more than|||
||one year||||||
||||||2020|2019|
||Mortgage 2- 5|years|||11,194|17,871|
||Mortgage after|5years|||||
||Amount
falling|due|within one|year|35,000|35,000|
||||||46,194|52,871|
|12.|Reconciliation||of movements||in funds||
||||||2020|2019|
||Surplus/(Deficit)|of income over expenditure|||178,361|111,792|
||for the year||||||
||Funds at 1st October||2019||7,757,933|7,646,141|
||Funds at 30th September 2020||||7,936,294|7,757,933|
||The funds comprise||the following:||||
||Property
Revaluation||Reserve||6,874,944|6,874,944|
||Trust Fund||||1,061,350|882,989|
||||||7,936,294|7,757,933|
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|Envelope Summary|Events|Status|Timestamps||
|---|---|---|---|---|
|Signing Complete||Security Checked|11June 2021|) 11:19|
|Completed||Security Checked|11June 2021|( 11:19|
|Payment Events||Status|Timestamps||
|Electronic Record|and Signature|Disclosure|||