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|---|---|---|---|---|
|Report ofthe Trustees||1|to|6|
|Independent
Examiner's|Report||||
|Statement ofFinancial Activities|||||
|Balance Sheet||9|to|10|
|Notes tothe Financial Statements||11|to|23|
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||||||31/3/21|31/3/20|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||funds|funds|funds|funds|
|||Notes|f|f|f|f|
|INCOME AND ENDOWMENTS|FROM||||||
|Donations
and legacies|||53,418||53,418|10,895|
|Chadtable
activities|||||||
|Copyright
and Insurance|||23,193||23,193|51,853|
|Members Subscriptions|||54,322||54,322|79,668|
|Other trading
activities|||381||381|48,055|
|Investment
income|||5,724||5,724|7,354|
|Total|||137,038||137,038|197,825|
|EXPENDITURE ON|||||||
|Raising funds|||951||951|51,024|
|Charitable
activities|||||||
|Copyright,
Insurance
and DBS|||48,813||48,813|60,356|
|Members Services|||77,620||77,620|85,559|
|Members Support and Administration|||10,433||10,433|13,135|
|Governance|||2,904||2,904|1,914|
|Total|||140,721||140,721|211,988|
|Net gains/(losses)
on investments|||38,360||38,360|(22,287)|
|NET INCOME/(EXPENDITURE)|||34,677||34,677|(36,450)|
|RECONCILIATION
OF FUNDS|||||||
|Total funds brought forward|||431,009|3,500|434,509|470,959|
|TOTAL FUNDS CARRIED FORWARD|||465,686|3,500|469,186|434,509|
##
|||31/3/21|31/3/20|
|---|---|---|---|
||Notes|E|f|
|FIXEDASSETS||||
|Tangible assets|14|170,520|169,307|
|Investments|15|240,007|203,777|
|||410,527|373,084|
|CURRENT ASSETS||||
|Stocks|16|310|330|
|Debtors|17|34,819|40,155|
|Cash at bank and in hand||99,394|29,609|
|||134,523|70,094|
|CREDITORS||||
|Amounts
falling due within one year|18|(25,864)|(8,669)|
|NET CURRENT ASSETS||108,659|61,425|
|TOTAL ASSETS LESSCURRENT LIABILITIES||519,186|434,509|
|CREDITORS||||
|Amounts
falling due after more than one year|19|(50,000)||
|NET ASSETS||469,186|434,509|
|FUNDS|23|||
|Unrestricted
funds||465,686|431,009|
|Restricted funds||3,500|3,500|
|TOTAL FUNDS||469,186|434,509|
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|DONATIONS|AND LEGACI|ES|||
|---|---|---|---|---|
||||31/3/21|31/3/20|
||||E|E|
|Donations|||6,054|10,447|
|Grants|||47,364|448|
||||53,418|10,895|
|Grants received, included||in the above, are as follows:|||
||||31/3/21|31/3/20|
||||6|6|
|Elena Cobb|Star Prize Award|||448|
|Coronavirus|Job Retention|Scheme|47,364||
||||47,364|448|
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||||||||||
|---|---|---|---|---|---|---|---|---|
|3.|OTHER TRADING ACTIVITIES||||||||
|||||||31/3/21||31/3/20|
|||||||E||E|
||Members
services and||other||||381|8,117|
||Conference|||||||39,938|
||||||||381|48,055|
|4.|INVESTMENT INCOME||||||||
|||||||31/3/21||31/3/20|
|||||||E||E|
||Managed
investment|fund and deposit account income||||5,724||7,354|
|5.|INCOME FROM CHARITABLE ACTIVITIES||||||||
|||||||31/3/21||31/3/20|
|||||Act IVI'ty||E||E|
||Copyright
and insurance|||Copyright|and Insurance|23,193||51,853|
||Members Subscriptions|||Members|Subscriptions|54,322||79,668|
|||||||77,515||131,521|
|6.|RAISING FUNDS||||||||
||Raising donations
and||legacies||||||
|||||||31/3/21||31/3/20|
|||||||f||E|
||Travel and other costs||||||2|11,479|
||Conference costs||||||949|38,148|
||Our new approach to|Safeguarding||||||105|
||Year Book Production||costs|||||8|
||Sales and Marketing/|Profile Raising||||||562|
||Website costs|||||||722|
||||||||951|51,024|
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|||||Direct|Support||
|---|---|---|---|---|---|---|
|||||Costs (see|costs (see||
|||||note 8)
f|note 9)
f|Totals
f|
|Copyright,|Insurance||and DBS|42,919|5,894|48,813|
|Members|Services|||68,248|9,372|77,620|
|Members|Support and Administration|||9,173|1,260|10,433|
|Governance|||||2,904|2,904|
|||||120,340|19,430|139,770|
|DIRECT COSTS OF CHARITABLE ACTIVITIES|||||||
||||||31/3/21|31/3/20|
||||||f|f|
|Staff costs|||||95,037|98,510|
|Postage and||stationery|||1,788|2,392|
|Sundries||||||670|
|Other costs|||||23,004|26,786|
|Child protection|||||200|3,536|
|Awards||||||197|
|Irrecoverable||VAT|||311|345|
||||||120,340|132,436|
|SUPPORT|COSTS||||||
|||||||Information|
|||||Management|Finance|technology|
|||||f|f|f|
|Copyright,|Insurance||and DBS|1,306|1,435|2,149|
|Members|Services|||2,076|2,282|3,417|
|Members|Support and Administration|||279|307|459|
|Governance|||||||
|||||3,661|4,024|6,025|
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|||||Governance||
|---|---|---|---|---|---|
||||Other|costs|Totals|
||||E|f|E|
|Copyright,|Insurance|and DBS|1,004||5,894|
|Members Services|||1,597||9,372|
|Members Support and Administration|||215||1,260|
|Governance||||2,904|2,904|
||||2,816|2,904|19,430|
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|||31/3/21|31/3/20|
|---|---|---|---|
|||E|E|
|Depreciation|-owned assets|2,837|2,594|
|Hire of plant|and machinery|1,089|1,089|
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|STAFF|COSTS|||
|---|---|---|---|
|||31/3/21|31/3/20|
|||6|f|
|Wages|and salaries|90,915|92,730|
|Social|security costs|2,570|3,980|
|Other|pension costs|1,552|1,800|
|||95,037|98,510|
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|COMPARA|TIVES
FOR|THE STA|TEMENT OF FINANCIAL A|CTIVITIES|||
|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|
|||||funds|funds|funds|
|||||6|E|6|
|INCOME AND ENDOWMENTS|||FROM||||
|Donations|and legacies|||10,447||10,895|
|Charitable|activities||||||
|Copyright|and Insurance|||51,853||51,853|
|Members|Subscriptions|||79,668||79,668|
|Other trading activities||||48,055||48,055|
|Investment|income|||7,354||7,354|
|Total||||197,377||197,825|
|EXPENDITURE ON|||||||
|Raising funds||||51,024||51,024|
|Charitable|activities||||||
|Copydight,|Insurance|and DBS||60,356||60,356|
|Members|Services|||84,911|648|85,559|
|Members|Support and Administration|||13,135||13,135|
|Governance||||1,914||1,914|
|Total||||211,340|648|211,988|
|Net gains/(losses)
on||investments||(22,287)||(22,287)|
|NET INCOME/(EXPENDITURE)||||(36,250)|(200)|(36,450)|
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||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|
||||funds|funds|funds|
||||E|6|6|
|RECONCILIATION
OF FUNDS||||||
|Total funds brought forward|||467,259|3,700|470,959|
|TOTAL FUNDS CARRIED FORWARD|||431,009|3,500|434,509|
|The numbers
above represent the comparative|statement|offinancial|activities as at31|March 2020.||
|TANGIBLE FIXEDASSETS||||||
||||Freehold|Office||
||||property
f|equipment
f|Totals
f|
|COST||||||
|At 1stApril 2020|||175,000|62,465|237,465|
|Additions||||4,050|4,050|
|At 31st March 2021|||175,000|66,515|241,515|
|DEPRECIATION||||||
|At 1st April 2020|||8,750|59,408|68,158|
|Charge for year|||1,750|1,087|2,837|
|At 31st March 2021|||10,500|60,495|70,995|
|NET BOOK VALUE||||||
|At 31st March 2021|||164,500|6,020|170,520|
|At 31st March 2020|||166,250|3,057|169,307|
##
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|||||||||Listed
investments
f|
|---|---|---|---|---|---|---|---|---|
||MARKET VALUE||||||||
||At 1stApril 2020|||||||203,777|
||Additions|||||||31,064|
||Disposals|||||||(33,175|
||Revaluations|||||||38,341|
||At 31st March 2021|||||||240,007|
||NET BOOK VALUE||||||||
||At 31st March 2021|||||||240,007|
||At 31st March 2020|||||||203,777|
||There were no investment|||assets outside the UK.|||||
||Cost or valuation|at 31st March 2021 is represented|||by:||||
|||||||||Listed|
|||||||||investments|
|||||||||f|
||Valuation
in 2021|||||||240,007|
|16.|STOCKS||||||||
|||||||31/3/21||31/3/20|
|||||||f||f|
||Stocks||||||310|330|
|17.|DEBTORS:AMOUNTS||FALLING DUE WITHIN ONE YEAR||||||
|||||||31/3/21||31/3/20|
|||||||f||f|
||VAT||||||73||
||Prepayments
and|accrued||income||34,746||40,155|
|||||||34,819||40,155|
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|18.|CREDITOR|S: AMOUNTS|FALLING DUE WITHIN ONE YEAR|||
|---|---|---|---|---|---|
|||||31/3/21|31/3/20|
|||||6|E|
||Trade creditors|||6,961|3,099|
||Social security and other||taxes|1,664|1,847|
||VAT||||153|
||Credit Card|—RBS||95|48|
||Accruals and deferred income|||17,144|3,522|
|||||25,864|8,669|
|19.|CREDITORS: AMOUNTS||FALLING DUE AFTER MORE THAN ONE YEAR|||
|||||31/3/21|31/3/20|
|||||E|6|
||Bank loans|(see note 20)||50,000||
|20.|LOANS|||||
||An analysis|ofthe maturity ofloans is given below:||||
|||||31/3/21|31/3/20|
|||||f|E|
||Amounts
falling between||one and two years:|||
||Bank loans|- 1-2years||10,000||
||Amounts
falling due between two and five years:|||||
||Bank loans|- 2-5years||30,000||
||Amounts
falling due in more than five years:|||||
||Repayable|by instalments:||||
||Bank loans|more 5yr by|instal|10,000||
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||||||31/3/21|31/3/20|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||funds|funds|funds|funds|
||||E|f|f|E|
|Fixed assets|||170,520||170,520|169,307|
|Investments|||240,007||240,007|203,777|
|Current assets|||131,023|3,500|134,523|70,094|
|Current
liabilities|||(25,864)||(25,864)|(8,669)|
|Long term liabilities|||(50,000)||(50,000)||
||||465,686|3,500|469,186|434,509|
|MOVEMENT|IN|FUNDS|||||
||||||Net||
||||||movement|At|
|||||At 1/4/20|in funds|31/3/21|
|||||E|E|E|
|Unrestricted|funds||||||
|General fund||||431,009|34,677|465,686|
|Restricted funds|||||||
|SHarrison
Fund||||50||50|
|Margaret
Lane Award||||3,450||3,450|
|||||3,500||3,500|
|TOTAL FUNDS||||434,509|34,677|469,186|
|Net movement||in funds, included|in the above are as follows:||||
||||Incoming|Resources|Gains and|Movement|
||||resources|expended|losses|in funds|
||||f|E|f|6|
|Unrestricted|funds||||||
|General fund|||137,038|(140,721)|38'360|34,677|
|TOTAL FUNDS|||137,038|(140,721)|38,360|34,677|
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||||||Net||
|---|---|---|---|---|---|---|
||||||movement|AI|
|||||At 1/4/19|in funds|31/3/20|
|||||E|E|E|
|Unrestricted
funds|||||||
|General fund||||467,259|(36,250)|431,009|
|Restricted|funds||||||
|5Harrison|Fund|||100|(50)|50|
|Margaret|Lane Award|||3,600|(150)|3,450|
|||||3,700|(200)|3,500|
|TOTAL FUNDS||||470,9S9|(36,450)|434,509|
|Comparative
net movement||in funds, included|in the above are as follows;||||
||||Incoming|Resources|Gains and|Movement|
||||resources|expended|losses|in funds|
||||E|E|E|E|
|Unrestricted
funds|||||||
|General fund|||197,377|(211,340)|(22,287)|(36,250)|
|Restricted|funds||||||
|Elena Cobb Star Prize Award|||448|(448)|||
|5 Harrison|Fund|||(50)||(50)|
|Margaret|Lane Award|||(150)||(150)|
||||448|(648)||(200)|
|TOTAL FUNDS|||197,825|(211,988)|(22,287)|(36,450)|
##
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|||||||Net|||
|---|---|---|---|---|---|---|---|---|
|||||||movement||At|
||||||At 1/4/19|in funds||31/3/21|
||||||E|E||f|
|Unrestricted
funds|||||||||
|General fund|||||467,259|(1,573)||465,686|
|Restricted|funds||||||||
|5Harrison|Fund||||100|(50)||50|
|Margaret|Lane Award||||3,600|(150)||3,450|
||||||3,700|(200)||3,500|
|TOTAL FUNDS|||||470,959|(1,773)||469,186|
|A current|year 12 months|and|prior year 12 months|combined|net movement
in funds,|included|in the above are||
|follows:|||||||||
|||||Incoming|Resources|Gains and||Movement|
|||||resources|expended|losses||in funds|
|||||E|E|E||E|
|Unrestricted
funds|||||||||
|General fund||||334,415|(352,061)|16,073||(1,573)|
|Restricted|funds||||||||
|Elena Cobb Star Prize Award||||448|(448)||||
|5 Harrison|Fund||||(50)|||(50)|
|Margaret|Lane Award||||(150)|||(150)|
||||||(648)|||(200)|
|TOTAL FUNDS||||334,863|(352,709)|16,073||(1,773)|
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