2021-03-31-accounts

			Pages
Trustees'	annual report		1to5
Independent examiner's report to the trustees
Statement	of financial	activities
Statement	offinancial	position
Notes to the financial		statements	9to 19

						2021		2020
					Unrestricted	Restricted
					funds	funds	Total funds	Total funds
				Note		E	E	F
Income and endowments
Donations and legacies					17,066	44,644	61,710	13,261
Other trading activities					16,084		16,084	4,582
Investment income					5,673		5,673	3,287
Other income					29,204		29,204	31,962
Total income					68,027	44,644	112,671	53,092
Expenditure
Expenditure on raising funds:
Costs of raising donations			and
legacies				8	4,571		4,571	3,367
Expenditure on charitable		activities		9,10	79,635	314	79,949	64,476
Total expenditure					84,206	314	84,520	67,843
Net (gains)/losses	on investments			12	(25,815)		(25,815)	15,800
Net income/(expenditure)					9,636	44,330	53,966	(30,551)
Transfers between	funds				52,894	(52,894)
Net movement in	funds				62,530	(8,564)	53,966	(30,551)
Reconciliation of	funds
Total funds brought	forward				164,165	11,598	175,763	206,314
Total funds carried forward					226,695	3,034	229,729	175,763

						2021		2020
					Note			E
Fixed assets
Tangible fixed assets					17		58,973	3,627
Investments					18		154,553	108,738
							213,526	112,365
Current assets
Debtors					19	448.		405
Cash at bank	and	in	hand			30,304		73,968
						30,752		74,373
Creditors: amounts			falling	due within one year	20	14,549		10,975
Net current assets							16,203	63,398
Total assets	less	current		liabilities			229,729	175,763
Net assets							229,729	175,763
Funds ofthe charity
Restricted funds							3,034	11,598
Unrestricted	funds						226,695	164,165
Total charity	funds				21		229,729	175,763

impairment activities in Donations	loss is recognised under the appro which the initial gain was recognised. and legacies	priate heading in	the statemen	t of financial
		Unrestricted	Restricted	Total Funds
		Funds	Funds	2021
		F	F
Donations
Donations		8,432		8,432
Grants
Grants received Ringfenced legal fees track repairs at Mill St		3,834	44,644	48,478
Common		4,800		4,800
		17,066	44,644	61,710
		Unrestricted	Restricted	Total Funds
		Funds	Funds	2020
Donations			F	E
Donations		4,700		4,700
Grants
Grants received Ringfenced legal fees track repairs at Mill St			8,561	8,561
Common
		4,700	8,561	13,261

Other trading a	ctivities
		Unrestricted	Total Funds	Unrestricted	Total Funds
		Funds	2021	Funds	2020
				F	E
Licences		11,400	11,400	200	200
Fundraising events Car boot sales Calendar and leaflet sales		318 1,756	318 1,756	1,996 2,290 46	1,996 2,290 46
Commemorative 365 Supporters	Benches	500 2,110	500 2,110	50	50
		16,084	16,084	4,582	4,582

Investment	income
		Unrestricted	Total Funds	Unrestricted	Total Funds
		Funds	2021	Funds	2020
		E	F
Investment income Bank interest receivable		5,651 22	5,651 22	3,035 252	3,035 252
		5,673	5,673	3,287	3,287

Other income
	Unrestricted	Total	Funds	Unrestricted	Total	Funds
	Funds		2021	Funds		2020
	E			E		E
Subsidies Ground rent Wayleaves	28,278 926		28,278 926	4,303 26,986 673		4,303 26,986 673
	29,204		29,204	31,962		31,962

				Unrestricted	Total Funds	Unrestricted	Total Funds
				Funds	2021	Funds	2020
						E	E
Great Torrington Commons Calendar and leaflet production			costs	4,571	4,571	3,143 224	3,143 224
				4,571	4,571	3,367	3,367

					Unrestricted	Restricted	Total Funds
					Funds	Funds	2021
					F	E	F
	Support costs				79,635	314	79,949
					Unrestricted	Restricted	Total Funds
					Funds	Funds	2020
					F		E
	Support costs				63,494	982	64,476
10.	Expenditure	on charitable		activities	by activity type
						Total funds	Total fund
					Support costs	2021	2020
							E
	Commons maintenance				79,949	79,949	64,476
11.	Analysis ofsupport		costs
					Commons
					maintenance	Total 2021	Total 2020
					E
	Staff costs Light & heat				35,806 582	35,806 582	37,667 812
	Repairs & maintenance Insurance Other establishment costs				8,833 2,571 75	8,833 2,571 75	6,322 3,274 70
	Travel costs				172	172	342
	Accountancy				1,753	1,753	1,568
	Administration Depreciation Legal fees Entertainment	expenses			3,765 19,661 5,453	3,765 19,661 5,453	1,022 1,213 10,993 129
	Staff training						360
	Miscellaneous	expenses			900	900	586
	Advertising				378	378	118
					79,949	79,949	64,476

12.	Net gains/(lo	sses) on in	vestmen	ts
					Unrestricted		Total	Funds	Unrestricted	Total	Funds
						Funds f		2021	Funds f		2020 f
	Gains/(losses)	on other investment
	assets				25,815			25,815	(15,800)	(15,800)
13.	Net income/(expenditure)
	Net income/(expenditure)		is stated after		charging/(crediting):
									2021 f		2020 f
	Depreciation	of tangible fixed assets							19,661		1,213
14.	Independent	examination	fees
									2021 f		2020 f
	Fees payable	to the independent		examiner for:
	Independent	examination	ofthe financial		statements				1,110		1,110
15.	Staff costs
	The total staff costs and employee			benefits for		the reporting		period are	analysed as	follows:
									2021 f		2020 f
									35,806	37,667

17.	Year ended Tangible fixed assets	31 March 2021
		Equipment	Total
		E
	Cost
	At 1 April 2020	18,640	18,640
	Additions Disposals	75,007 (6,000)	75,007 (6,000)
	At 31 March 2021	87,647	87,647
	Depreciation
	At 1 April 2020 Charge for the year Disposals	15,013 19,661 (6,000)	15,013 19,661 (6,000)
	At 31 March 2021	28,674	28,674
	Carrying amount
	At 31 March 2021	58,973	58,973
	At 31 March 2020	3,627	3,627
18.	Investments

	Other
	investments
	F
Cost orvaluation
At 1 April 2020	108,738
Additions Other movements	20,000 25,815
At 31 March 2021	154,553
Impairment
At 1 April 2020 and 31 March 2021
Carrying amount
At 31 March 2021	154,553
At 31 March 2020	108,738

Creditors: amounts f	alling due within one year
		2021	2020
Trade creditors Accruals and deferred	income	1,754 12,795	E 8,006 2,969
		14,549	10,975

	At				Gains and	At
	1 Apr 2020	Income	Expenditure	Transfers	losses 31 Mar 2021
General funds COIF Investment	E 55,427 108,738	E 68,027	(84,206)	32,894 20,000	E 25,815	E 72,142 154,553
	164,165	68,027	(84,206)	52,894	25,815	226,695
	At				Gains and	At
	1 Apr 2019	Income	Expenditure	Transfers	losses 31 Mar 2020
General funds COIF Investment	125,633 124,538	44,531	(66,861)	E (47,876)	E (15,800)	E 55,427 108,738
	250,171	44,531	(66,861)	(47,876)	(15,800)	164,165

		At				Gains and	At
		1 Apr 2020	Income f	Expenditure E	Transfers	losses 31 Mar 2021
Commemorative
benches		1,000		(64)			936
Town Council
grant Commemorative		1,855					1,855
bench- Mr
Jackson		243					243
Playpark Bridge Repairs		8,500	44,394 125	(125)	(52,894)
Centenary	Bridge		125	(125)
		11,598	44,644	(314)	(52,894)		3,034
		At				Gains and	At
		1 Apr 2019	Income	Expenditure	Transfers	losses 31 Mar 2020
		E	E	E	E	E	F
Commemorative
benches Town Council		1,000					1,000
grant Commemorative		4,000			(2,145)		1,855
bench- Mr
Jackson		243					243
Other grant Playpark Accessible		150 500	8,000		(150)		8,500
viewing		250	261	(682)	171
Signage Wl -Tree			100	(100)
purchases			200	(200)
Bridge Repairs
Centenary	Bridge
		6,143	8,561	(982)	(2,124)		11,598

		Unrestricted	Restricted	Total Funds
		Funds	Funds	2021
		F
Tangible fixed assets Investments Current assets Creditors less than 1 year		58,973 154,553 27,718 (14,549)	3,034	58,973 154,553 30,752 (14,549)
Net assets		226,695	3,034	229,729
		Unrestricted	Restricted	Total Funds
		Funds	Funds	2020
Tangible fixed assets Investments Current assets Creditors less than 1 year		F 3,627 108,738 62,775 (10,975)	E 11,598	E 3,627 108,738 74,373 (10,975)
Net assets		164,165	11,598	175,763