2020-12-31-accounts - Sidmouth Voluntary Services

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			Page
Legal and administrative		information
Report ofthe	Trustees		2-5
Independent	Examiners	Report
Statement of	Financial Activities
Balance Sheet
Notes to the Financial Statements

lan Roper	BA(Hons) FCA
Chartered	Accountant
37 Fore Street
Sidmouth
Devon
EX108DR

	State	me	nt ofFinancia	l Activities
		e	Unrestricted	Restricted	Total this	Total last
Income and endowments	from	z	funds f	funds f	year f	year f
Donations and legacies Charitable activities investment income Income from other trading activities Other			18,723 68,798 11,233 336 925	360	19,083 68,798 11233 336 925	34,425 76,913 9,832 2,246 75
Total			100,015	360	100,375	123,492
Expenditure on:
Charitable activities Raising Funds Other			165,548 372 10,646	189	165,737 372 10,646	146,039 71 12,031
Total resources expended			176,566	189	176,755	158,141
Net Income/(Expenditure)	before
gains/(Losses) on investments			-76,552	171	-76,381	-34,649
Other recognised gains/(losses)
Gains and losses on investments		8	6,215		6,215	68,874
Net movement infunds			-70,336	171	-70,165	34,225
Total funds brought forward			1,306,769	0	1,306,769	1,272,544
Total funds carried forward			1,236,433	171	1,236,604	1,306,769

1.3 Income (continued)	1.3 Income (continued)	1.3 Income (continued)
Donated services	and	facilities	These are only included in incoming resources (with an equivalent amount in resources expended) where the benefit to the charity is reasonably quantifiable, measurable and material. The value placed on these resources is the estimated value to the charity of the service or facility received.
Volunteer help Investmentincome			The value of any voluntary help received is not included in the accounts but is described in the trustees' annual report. This is included in the accounts when receivable
Investment gains and 1.4 Expenditure		losses	This includes any gain or loss on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year.
Liability recognition			Liabilities are recognised as soon as there is a legal or constructive
			obligation committing the charity to pay out resources.
Governance costs			Include costs ofthe preparation and examination of statutory accounts, the costs oftrustee meetings and cost of any legal advice to trustees on
			governance or constitutional matters.
Grants with conditions	performance		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 SoFA once the recipient of the grant has provided the
			specified service or output.
Grants payable		without	These are only recognised in the accounts when a commitment has been
performance conditions			made and there are no conditions to be met relating to the grant which
			remain in the control ofthe charity.
			Support costs include central functions and have been allocated to activity
			cost categories on a basis consistent with the use of resources, e.g.
			allocating property costs by floor areas, or per capita, staff costs by the
Support Costs			time spent and other costs by their usage.
			Day Centre Activities 25%
			Transport Services 30%
			Cost ofgenerating funds 45%

2.	Analysis ofincome	Analysis ofincome	Analysis ofincome			2020	2019
	Donations Legacies	and	Donations Legacies Grants			4,571 0 14,152	5,644 26,987 1,795
						18,723	34,425
	Charitable Activities		Day Centre Transport Services			58,797 10,001	42,806 34,107
						68,798	76,913
	Investment income		James Brearley Managed Ashcourt Rowan Managed Wealthtime Trustees COIF Charities Investment		Fund Fund Fund	0 0 11,018 0	1,820 1,026 6,013 536
			Deposit Interest			215	437
			Bank Interest			0	0
						11.233	9,832
	Income from Other Trading		Fundraising Sponsorship			0 0	0 350
	Activities		Friends ofTwyford			336	1,896
							2,246
	Other Income		Other Income			925	75
						925	75
3.	Analysis ofexpenditure
	Charitable activities		Day Centre Activities Transport Services			125,185 40,363	109,166 36,873
						165,548	146,039
	Raising Funds		Honoraria			0	0
			General administration			372	71
						372	71
	Other Expenditure		Banking and investment			9,040	8,139
			Bad debts and interest			40	293
			Old Balances Written off			0	0
			Accountancy Fees			667	3,600
			Independent examination	fees		900	0
						10,646	12,031

Employees Employment	Costs				2020 E	2019 f
Day Centre Activities
Transport Services					72,952 11,120	49,333 9,885
					84,071	59,218
No employee	received	emoluments	ofmore	than f60,000(2019:None)
Number ofemployees
The average	monthly	number ofemployees		during the year, was as follows:
Part time	staff
Relief staff					12
					0
					12	12

Tangible Fixed assets	Freehold-	Furniture
	Land &	Equipt	Office
	Buildings	Day Centre	Equipt	Ambulances	Total
Cost / Revaluation
As at 1stJanuary 2020 Additions Sale ofAssets	213,323	49,005 150	10,570	94,542 123,150 -94,542	367,440 123,300 -94,542
At 31December 2020	213,323	49,155	10,570	123,150	396,198
Depreciation
As at 1stJanuary 2020 Released on Disposal	46,837	46,412	9,442	85,192 -87,529	187,883 -87,529
Charge for year	2,883	616	316	23,208	27,023
At 31December 2020	49,720	47,028	9,758	20,870	127,377
Net Book value
At 31December 2020	163,603	2,127	812	102,280	268,821
At 31December 2019	166,486	2,593	1,128	9,350	179,557

Fixed Asset Investments
	Listed Investments	Cash held
		as part of
	Wealthtime	investment
Valuation at 1January 2020 Additions/Withdrawls Disposals at book value Net profit/(loss) on	Trustees f 929,054 -6,087 0	portfolio f 15,564 0	Total f 944,618 -6,087 0
revaluation at year end At 31December 2020	6,215 929,182	-1,819 13,745	4,397 942,928

	All fixed asset investments	All fixed asset investments	are held within the United	Kingdom
9.	Debtors Debtors Prepayments Other Debtors				2020 3,522 4,151 0	2019 1,182 15,656 0
	Accrued Income				207	2,501
					7,880	19,339
10.	Creditors: amounts	falling	due within one year		2020	2019
	Trade Creditors Other Creditors				1,587 0	1,105 112
	Accruals Other Taxes and Social Security				3,352 2,637	2,962 454
					7,575	4,632
11.	Analysis ofnet assets between funds				Unrestricted	Funds
	Fund balances at 31st December 2020as represented			by:	2020	2019
	Tangible Fixed Assets				268,821	179,557
	Investment Assets				942,928	944,618
	Current Assets				32,430	187,226
	Current Liabilities				-7,575	-4,633
	At 31st December 2019				1,236,604	1,306,768

		Fund
							Fund
		balances
							balances
Fund names		brought forward f	Income f	Expenditure f	Transfers f	Gains and Losses f	carried forward f
Restricted	Funds		360	-189			171
Unrestricted	Funds
General Reserve		1,306,769	100,015	-176,566		6,215	1,236,433
Total Funds		1,306,769	100,375	-176,755		6,215	1,236,604