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