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2021-03-31-accounts

		Page
Report ofthe Trastees	1	to	7
Independent Examiner's Report
Statement ofFinancial Activities
Balance Sheet	10	to	11
Notes to the Financial Statements	12	to	21
Detailed Statement ofFinancial Activities	22	to	23

								2021	2020
						Digital	Loneliness
					General	Inclusion	Foundation	Total	Total
					fund	Fund	Fund	funds	funds
				Notes
Income and endowments			from
Donations and legacies				2	89475			89475	237,497
Investment income					147,141			147,141	165,134
Total					236,516			236+16	402,631
Expenditure on
Raising fimds					9,521			9,521	46,782
Charitable activities
Charitable activities					260,970			260,970	330,795
Total					270,491			270,491	377,577
Net gains/(losses)	on
investments					~422 045			422,045	~454 188)
NET
INCOME/(EXPENDITURE)					388,070			388,070	(429,134)
Transfers between funds				l6	~750llllll	500llllll	2500II0
Net movement in	funds				(361,930)	500,000	250,000	388,070	(429,134)
ReconciTiation of	funds
Total funds brought		forward			1,851,140	1,000,000		2,851,140	3,280,274
Total funds carried		forward			~1489210	~1500000	250,000	3439410	2,851,140

							2021	2020
					Diafital	Loneliness
				General	Inclusion	Foundation	Total	Total
				fund	Fund	Fund	funds	funds
			Notes		5
Fixed assets
Tangible assets			1I	103,846			103,846	111,774
Investments
In vestments Investment property			12 13	951,843 ~250 000	1,500,000	250,000	2,701,843 ~250 000	2,256,912 265,000
				1,305,689	1,500,000	250,000	3,055,689	2,633,686
Current assets
Debtors Cash in hand			14	35,560 ~171276			35,560 ~171276	37,866 209712
				206,836			206,836	247,578
Creditors
Amounts falling due within		one
veer			15	(23415)			(23315)	(30,124)
Net current	assets			183521			~183521	~217454
Total assets	less current
liabilities				1~489~210	1~500~000	250~000	3~239~210	2 851 140
NET ASSETS				~1489 10	~1500000	~250 000	~339 10	2 851 140
Funds			16
Unrestricted	funds (including	fair	value				1,489,210	1,851,140
reserve offi818,900 —202fn		f408,019)
Restricted funds							~1750000	1,000,000
Total funds							~339 10	~2851,140

Tangible	fixed assets
Freehold	property	2%on cost
Office furniture and fittings		20% on cost
Computer	equipment	50% on cost


2.	Donations	and legacies
							2021	2020
	Donations						39,001	32,194
	Legacies						~50 74	205,303
							89375	237,497
3.	Investment	income
							2021	2020
	Rents received						13360	13,250
	Other axed asset invest		- FII				133,762	151,836
	Deposit account interest						19	48
							147,141	165 134
4.	Charitable	activities costs
						Direct	Support
						Costs	costs	Totals
								6
	Charitable	activities				254,156	~6814	260,970
5.	Net income/(expenditure)
	Net income/(expenditure)		is	stated after charon J(crediting):
							2021	2020
	Depreciation - owned assets						~9227	9333
6.	Auditors'	remuneration
							2021	2020
	Fees payable to the charity's			auditors	for the audit ofthe charity's
	Snancial statements							6,240
	Auditor's remuneration		for non-audit		work		1,450	960
	Independent	examiner's	fees				5400

	2021	2020
	f	f
Trustccs cxpcllscs		487
Staff costs
	2021f	2020
Wages and salaries	151,653	172,129
Social security costs	10+74	12,932
Other pension costs	14,480	15,978
	~176 07	201,039

	2021	2020
Administration	5	6

The number ofemployees whose employee benefits (exclud	ing employer pension costs) exceeded	f60,000wa
f70,001 -f80,000	2021 1	2020 1
Directors remuneration
	2021	2020
Remuneration and other benefits	83 Ball	83 883

Comparatives for th	e sta	tement offinanc	ial activities
				Digital	Loneliness
			General	Inclusion	Foundation	Total
			fund	Fund	Fund	funds
			2020	2020	2020	2020
Income and endowments		from
Donations and legacies			237,497			237,497
Investment income			165,134			165 134
Total			402,631			402,631
Expenditure on
Raising funds			46,782			46,782
Charitable activities
Charitable activities			330,795			330,795
Total			377,577			377,577
Net gains/(losses) on	investments		454 188			~454 188)
NET INCOME/(EXPENDITURE)			(429,134)			(429,134)
ReconciTiation offunds
Total funds brought	forward		2480+74	1,000,000		3,280,274
Total funds carried	forward		1,851,140	1,000,000	-	2 851,140

Tangible fixed assets
		Office
		furniture
	Freehold	snd	Computer
	property	fittings	equipment	Totals
		f.
Cost
At 1April 2020 Additions	212,492	38,123	19,264 ~199	269,879 ~1299
At 31March 2021	~212492	~38 123	20463	~271 178
Depreciation
At 1April 2020 Charge for year	109,569 ~450	34/05 ~241	14,331 ~2736	158,105 ~9227
At 31March 2021	113,819	~36446	17,067	~167 32
Net book value
At 31March 2021	~98 673	~1677	~3496	103,846
At 31March 2020	102923	3,918	4,933	111,774
Fixed asset investments
		Listed	Unlisted
		investments	investments	Totals
Market value
At 1 April 2020		2,197,620	59,292	2/56@12
Additions		64,883		64,883
Dispcsals Revaluations		(56,997) 424 771	~12274	(56,997) ~437045
At 31March 2021		~2630277	~71566	2,701,843
Net book value
At 31March 2021		~2630477	~71 66	2,701,843
At 31March 2020		2,197,620	59292	2456,912

Investment property
Fair value
At I April 2020	265,000
Fair value movements	~15,000)
At 31March 2021	250,000
Net book value
At 31March 2021	250,000
At 31March 2020	265,000

					2021	2020
	Other debtors				4,916	221
	Tax					2,145
	Prepayments	and accrued income			30,644	35,500
					~35 560	37,866
15.	Creditors: amounts		falling due within	one year
					2021	2020
	Trade creditors				1,866	3,585
	Social security and other taxes				4,704	4,827
	Other creditors				11,174	15,140
	Accruals and	deferred income			5471	6,572
					23,315	30,124

						Net	Transfers
						movement	between	At
					At 1.4.20	in funds	funds	31.3.21
							5
Unrestricted		funds
General fund					1,851,140	388,070	(750,000)	1,489410
Restricted	funds
Digital Inclusion			Fund		1,000,000		500,000	1,500,000
Loneliness	Foundation			Fund			250,000	~250 000
					~1000000		~750 000	~1750000
TOTAL FUNDS					2,851,140	388,070		~3239410

		Incoming	Resources	Gains and	Movement
		resources	expended	losses	in funds
				5
Unrestricted	funds
General fund		236,516	(270,491)	422,045	388,070
TOTAL FUNDS		~236516	(2270,491	~422 045	~388 070

			Net
			movement	At
		At 1.4.19	in funds	31.3.20
Unrestricted funds
General fund		2,280474	(429,134)	1,851,140
Restricted funds
Digital Inclusion	Fund	1,000,000		1,000,000
TOTAL FUNDS		3,280,274	~429,134)	2,851,140

					Incoming	Resources	Gains and	Movement
					reseal'ccs	expcndcd	losses	in funds
Unrestricted	funds
General fund					402,631	(377,577)	(454,188)	(429,134)
TOTAL FUNDS					402,631	(377,577)	~454 188)	~429,134)
A current year	12months			and prior year 12months	combined	position is as follows:
						Net	Transfers
						movement	between	At
					At 1.4.19	in funds	funds	31.3.21
Unrestricted	funds
General fund					2,280,274	(41,064)	(750,000)	1,489'10
Restricted funds
Distal Inclusion		Fund			1,000,000		500,000	1,500,000
Loneliness Foundation			Fund				250,000	250,000
					1 000000		750,000	1,750,000
TOTAL FUNDS					3280274	(41,064)		3,239,210

		Inconlulg	Resources	Gains and	Movement
		rcsourccs	expended	losses	in funds
Unrestricted	funds
Gcncral fund		639,147	(648,068)	(32,143)	(41,064)
TOTAL FUNDS		639 147	~648 068)	~32 143)	~41 064)

			2021	2020
Income and endowments
Donations and legacies
Donations			39,001	32,194
Legacies			~50 374	205,303
			89475	237,497
Investment income
Rents received			13/60	13,250
Other fixed asset invest - Fll			133,762	151,836
Deposit account	interest		19	48
			147,141	165,134
Total incoming	resources		236,516	402,631
Expenditure
Raising donations		and legacies
Wages			7,423	39,453
Social security			433	3,782
Pensions Fund raising			586 ~1079	2,276 1,271
			9,521	46,782
Charitable activities
Wages			143,043	85,600
Social security			9,820	3,904
Pensions			13,788	9495
Rates and insurance			1,823	2,597
Light and heat			1,248	1,502
Telephone			1,589	2,146
Printing and stationery			212	1,971
Sundries			655	2,577
PR literature			4,867	2,885
Repairs			123	5,909
Cleaning			1,288	1,318
Computer expenses			3,551	6,755
Database				9,240
Postage			5,039	2,174
Staff expenses			178	3,741
Legal and professional			21,522	16,471
Carried forward			208,746	158,085

			2021	2020
Charitable activities
Brought forward			208,746	158,085
Accountancy			1,450	960
Depreciation			4,977	5,082
Freehold property			4,250	4450
TV costs			11,027	67,290
TV Licences				155
Radios			19,797	9,523
Tablets			3,909	21 994
			254,156	267,339
Support costs
Governance costs
Wages			1,187	47,076
Social security			121	5,246
Pensions			106	4,407
Auditors' remuneration				6,240
Council ofmanagement		expenses		487
Independent examiner's		fees	5,400
			6,814	63 456
Total resources expended			~270 491	377577
Net (expenditure)/income		before gains and
losses			(33,975)	25,054
Realised recognised	gains and losses
Realised gains/(losses)	on	fixed asset
mvcstments			422,045	(454,188)
Net income/(expenditure)			~388 070	~429,134)