## ||||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| ## ##