| Page | ||
|---|---|---|
| Report ofthe Trustees | 1to3 | |
| Statement ofTrustees | Responsibilities | |
| Independent Examiner's |
Report | |
| Statement of Financial Activities | ||
| Balance Sheet | 7to 8 | |
| Notes to the Financial Statements | 9to 13 |
| Notes | Unrestricted | Restricted | Total | Total | |||
|---|---|---|---|---|---|---|---|
| Funds | Funds | Funds 2020 | Funds 2019 | ||||
| f | E | ||||||
| INCOME AND ENDOWMENTS from | |||||||
| Local Authority Closure |
Grants | 13,954 | 13,954 | ||||
| Donations and Legacies |
14,565 | 14,565 | 36,141 | ||||
| Other trading Activities |
2 | 1,815 | 1,815 | 7,237 | |||
| Investment Income |
3 | 4,265 | 4,265 | 4,235 | |||
| Total | 34,599 | 34,599 | 47,613 | ||||
| EXPENDITURE on | |||||||
| Raising Funds | 4 | 13,709 | 13,709 | 16,282 | |||
| Other | 35,024 | 1,132 | 36,156 | 42,557 | |||
| Total | 48,733 | 1,132 | 49,865 | 58,839 | |||
| Net Gains(Losses) on Investments | 8,768 | 8,768 | 20,911 | ||||
| Credit on revaluation of |
assets | 217,130 | |||||
| Hastings 8CGeneral Grant | re Covid | 16,000 | 16,000 | ||||
| Net Movement in Funds |
10,634 | (1,132) | 9,502 | 226,815 | |||
| RECONCILIATION OF FUNDS |
|||||||
| Funds brought forward |
1january | 503,349 | 6,452 | 509,801 | 282,986 | ||
| TOTAL FUNDS | |||||||
| Carried Forward 31December | $13,983 | 5,320 | 519,303 | 509+01 |
| Notes | Unrestricted | Restricted | Total | Total | ||
|---|---|---|---|---|---|---|
| Funds | Funds | Funds | Funds 2019 | |||
| E | E | |||||
| FIXEDASSETS | ||||||
| Tangible Assets | 348,653 | 348,653 | 364,393 | |||
| Investments | 141,305 | 141,305 | 142,538 | |||
| 489,958 | 489,958 | 506,931 | ||||
| CURRENT ASSETS | ||||||
| Debtors | 10 | 12,306 | 12,306 | 3,665 | ||
| Prepayments | 5,411 | 5,411 | 4,445 | |||
| Cash at bank and | in Hand | 8,962 | 5,320 | 14,282 | 29,710 | |
| 26,679 | 5,320 | 31,999 | 37,820 | |||
| CREDITORS | ||||||
| Amounts falling due within a year |
11 | (2,654) | ( 2,654) | (10,165) | ||
| NET CURRENT ASSETS | 24,025 | 5,320 | 29,345 | 27,655 | ||
| TOTAL ASSETSLESSCURRENT | LIABILITIES | 513g983 | Sg320 | 519,303 | 534,586 | |
| CREDITORS | ||||||
| Due after one year | 12 | (24,785) | ||||
| 513,983 | 5,320 | 519,303 | 509,801 | |||
| FUNDS | 13 | |||||
| Unrestricted funds |
513,983 | 503,349 | ||||
| Restricted funds |
5,320 | 6,452 | ||||
| TOTAL FUNDS | 519,303 | 509,801 |
| OTHER | TRADING A | CTIVI | TIES | |||
|---|---|---|---|---|---|---|
| 2020 | 2019 | |||||
| Fund raising | 552 | 5,757 | ||||
| Shop Income | 52 | 76 | ||||
| Room Hire | 1,211 | 1,404 | ||||
| E1,815 | 7,237 | |||||
| INVESTMENT INCOME | ||||||
| 2020 | 2019 | |||||
| Deposit account interest | 37 | 91 | ||||
| Dividends | 4,228 | 4,144 | ||||
| E4,265 | E4,235 | |||||
| RAISING FUNDS | ||||||
| Raising | donations | and legacies | ||||
| 2020 | 2019 | |||||
| Support | costs | E13,709 | E16,282 | |||
| NET INCOME/(EXPENDITURE) | ||||||
| Net income/ (expenditure) |
is stated after charging: | |||||
| 2020 | 2019 | |||||
| Depreciation - owned |
assets | E16,002 | E16,485 | |||
| Included | in the total | depreciation | charge is the sum ofE12,325 that | arises from the revaluation ofthe assets. |
| FOR | THE YEAR ENDED 31 | DECEMBER | 2020 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 7. | STAFFCOSTS | |||||||||
| The average monthly |
number ofemployees | during the year was | as follows: | |||||||
| 2020 | 2019 | |||||||||
| No employees received emoluments |
in excess | off60,000. | ||||||||
| 8. | TANGIBLE FIXEDASSETS | |||||||||
| Freehold | Fixtures | and | ||||||||
| ploperty | fittings f |
Totals E |
||||||||
| COST | ||||||||||
| At 1January 2020 | 174,248 | 260,406 | 434,654 | |||||||
| Additions | 262 | 262 | ||||||||
| At 31 December 2020 | 174,248 | 260,668 | 434,916 | |||||||
| DEPRECIATION | ||||||||||
| At 1January 2020 | 44,530 | 25,731 | 70,261 | |||||||
| Charge for year | 3 485 | 12 | 517 | 16 | 002 | |||||
| At 31 December 2020 | 48,015 | 38,248 | 86,263 | |||||||
| NET BOOK VALUE | ||||||||||
| At 31 December 2020 | 126,233 | 222,420 | 348,653 | |||||||
| At 31 December 2019 | 129718 | 234 | 675 | 364 | 393 | |||||
| Included in cost for Fixtures S.Fittings brought |
forward off260,406 is a revaluation | uplift off218,491 | ||||||||
| 9. | FIXEDASSETINVESTMENTS |
| Listed | Unlisted | |||
|---|---|---|---|---|
| investments | investments | Totals | ||
| E | f | E | ||
| MARKET VALUE | ||||
| At 1January 2020 | 137,737 | 4,801 | 142,538 | |
| Reduction in value allowing |
for sale realising 610,000 | 1,233 | 1,233 | |
| At 31December 2020 | 136504 | 4 801 | 141305 | |
| NET BOOK VALUE | ||||
| At 31 December 2019 | 137,737 | 4,801 | 142,538 |
| DEBTORS:AMOUNTS | FALLING DUE WITHIN ONE YEAR | ||
|---|---|---|---|
| 2020 | 2019 | ||
| Other debtors | E12,306 | E3,365 |
| RATIVES FOR STA | TE | MENT OF FINANCIAL ACTIVI | TIES FOR2019 | ||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | |||
| Funds | Funds | Funds | |||
| f | E | ||||
| Income 5Endowments | from | ||||
| Donations h Legacies | 33,711 | 2,430 | 36,141 | ||
| Other Trading Activities |
7,237 | 7,237 | |||
| Investment Income |
4,235 | 4,235 | |||
| Totals | 45,183 | 2g430 | 47'613 | ||
| Expenditure | |||||
| Raising Funds | 16,282 | 16,282 | |||
| Other | 42,031 | 526 | 42,557 | ||
| Totals | 58,313 | 526 | 58,839 | ||
| Gain on investments | 20,911 | 20,911 | |||
| Credit in revaluation | of | assets | 217,130 | 217,130 | |
| Net Movement in Funds |
224,911 | 1,904 | 226,815 | ||
| Funds brought forward |
from 2018 | 278,438 | 4,548 | 282,986 | |
| FUNDS CARRIED | FORWARD AT31/12/2019 | 503,349 | 6+52 | 509,801 |