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|||PAGE|
|---|---|---|
|Report ofthe Executive Committee|||
|Independent
auditors'|report||
|Statement ofFinancial|Activities||
|Income and Expenditure
Account|||
|Balance Sheet||10|
|Notes to the Financial|Statements|11-19|
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|Legal and|Legal and|administrative|administrative|details||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Registered||Name|||The Footwear|Benevolent|||Society|||||
|Working|Name||||Footwear Friends|||||||||
|Charity|Registration||Number||222117|||||||||
|Registered||Office and|Principal|||||||||||
|Place of|Operation||||Footwear Benevolent Society|||||||||
||||||PO Box77403|||||||||
||||||London|||||||||
||||||SW9 1FG|||||||||
|Independent||Examiners|||MHA Maclntyre||Hudson|||||||
||||||Moorgate House|||||||||
||||||201 Silbury Boulevard|||||||||
||||||Milton Keynes|||||||||
||||||MK9 ILZ|||||||||
|Bankers|||||Natwest Bank|pic.||||||||
||||||Addiscombe|||||||||
||||||209Lower Addiscombe|||Road||||||
||||||Croydon|||||||||
||||||Surrey|||||||||
||||||CRO 6RB|||||||||
|Executive|Committee|||||||||||||
|Members|ofthe Executive|||Committee|are as details below:|||||||||
|President|||||D.E.Lockyer|||||||||
|Chairman|||||D.E.Lockyer|||||||||
|Honorary|Treasurer||||M. Collins|||||||||
|Ordinary|Mem hers||||T.C.Cooper|||||||||
||||||J.A, Donaghue|(Representative||||Worshipful||Company ofPattenmakers)||
||||||D.Gyves|||||||||
||||||H. Jacobson|||||||||
||||||M.Jeffery|||||||||
||||||P.J.Lamble (Representative||||Worshipful||Company ofCordwainers)|||
||||||J.G.F.Morgan|||||||||
||||||SO'Hare|||||||||
||||||M. Watson-Smith|||||||||
||||||L.Recce-Raybould|||||||||
||||||S.Reason (Elected||4February|||2021 and|was aco-opted member||up until|
||||||this date)|||||||||
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||||Note|Total|Total|
|---|---|---|---|---|---|
|||||2021|2020|
||||||8|
|Incoming Resources||||||
|Incoming from||||||
|Donations
and legacies||||32,044|43,354|
|Activities for generating|funds|||18,495|30,515|
|Investment
income||||51,001|61,359|
|Other operating income||||10,091||
|Total Income||||111,631|135,228|
|Expenditure||||||
|Costs ofraising funds||||||
|Fundraising
costs||||14,290|23,516|
|Expenditure
on charitable|activities|||82,827|85,568|
|Governance
costs||||17,840|15,488|
|Total expenditure||||114357|124,572|
|Net incoming/(outgoing)|resources|before gains and losses on||(3,326)|10,656|
|investments||||||
|Net gains and losses on
Unrealised
(loss)/gain
on|investments
investment|assets|13|~275.6727|43,814|
|Net movement
in funds||||(118,998)|54,470|
|Total funds brought
forward at 1 February 2020||||1,405,493|1,351,023|
|Total funds carried forward at31January 2021|||22|$1,286,495|1,405,493|
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|---|---|---|---|---|---|
|2021|||Funds|Cost ofraising|Net|
||||Generated|funds|Income|
|||||8||
|Footwear Friends|event|||||
|GolfDays|||11,350||11,350|
|Other fundraising|events||7,145||7,145|
||||18,495||18,495|
|Staffcosts (note 11)||||(9,677)|(9,677)|
|Property expenses||||(2,789)|(2,789)|
|Support costs||||1 824|1 824|
||||18,495|14,290)|4,205|
|2020|||Funds|Cost ofraising|Net|
||||Generated|funds|Income|
|Footwear Friends event- Crypt||on the Green|17,687|(11,544)|6,143|
|GolfDays|||5,350||5,350|
|Other fundraising|events||747$||7478|
||||30,515|(11,544)|18,971|
|Staffcosts (note 11)||||(7,899)|(7,899)|
|Property expenses||||(2,928)|(2,928)|
|Support costs||||1 145|1 145|
||||30,515|23 516|6999|
|Investment
income||||||
|||||2021|2020f|
|Dividend income||||50,856|61,007|
|Bank interest||||145|352|
|||||51,001|61,359|
|Other operating|income|||||
|||||2021|2020|
|||||f||
|Job retention
scheme government||grant||5,091||
|Covid support grant||||5000||
|||||10,091||
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|Relief ofneed, hardship|Relief ofneed, hardship|and distress:|2021|2020|
|---|---|---|---|---|
|Grants to beneficiaries
Staffcosts (note 11)
Property expenses|(note 7)||63,774
12,903
3,719|69,605
10;532
3,904|
|Support costs|||2431|I 527|
||||82,827|85,568|
|Grants to beneficiaries|||||
||||2021|2020|
|Half Yearly Allowances
December Bonus Grants
Cordwainers
Christmas
Mid Year Grants
Christmas
Grants
One OffGrants
Holiday Grants|Grants||15,520
3,680
4,000
18,000
18,615
3,959|15,640
4,680
3,000
17,123
18,670
10,492|
||||63,774|69,605|
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||||2021|2020|
|---|---|---|---|---|
|||||'f|
|Staffcosts (note 11)
Property expenses
Independent
Examination
Accountancy|Fee||9,677
2,789
2,400
480|7,899
2,928
2,400
480|
|Support costs
Depreciation|||1,824
245|1,145
225|
|Ofnce and trustees Indemnity||insurance|425|411|
||||17840|15,488|
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|The aggregate
payroll costs ofthese persons were as fol|lows:||
|---|---|---|
||2021|2020|
||g||
|Wages and salaries
Social security|32,257|26,330|
|Pension|512|439|
||32,769|26,769|
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|||Fixtures,|
|---|---|---|
|||Fittings and|
|||Equipment|
|Cost|||
|At 1February
Additions|2020|5,180
2 143|
|At31January|2021|7.323|
|Depreciation|||
|At 1February|2020|3,906|
|Charge for the|year|245|
|At31January|2021|4 151|
|Net Book Value|||
|At 31January|2021|3172|
|At31January|2020|1274|
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||2021|2020|
|---|---|---|
|Market value at 1February 2020
Additions|1,306,358|1,262,544|
|Disposals|||
|Unrealised
gain/(loss)|115,672|43,814|
|Market value at31January 2021|1,190,686|1,306,358|
|Historical cost at31January 2021|960,308|960,308|
|Investments
analysed as:|||
|Listed investments|1,190,686|1,306,358|
|Details oflisted investments:|2021|2020|
||Value|Valuef|
|Equities Fund for Charities
(Charifund)
Charities Property Fund|612,754
577932|713,133
593225|
||1,190686|I 306358|
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|14.|Debtors||||
|---|---|---|---|---|
||||2021|2020|
||||f||
||Prepayments||824|170|
||Accrued income||11,537|12,207|
||Other debtors||2,446|2,980|
||||34 SD7|33,367|
|15.|Creditors —amounts|falling due within one year|||
||||2021f|2020|
||Accruals||2,400|2,415|
||Other creditors||3,780|160|
||||6 ISD|2,575|
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|Creditors —amounts
falling due within one year (continued)||
|---|---|
|Deferred income||
|Deferred income at 1 February 2020|160|
|Resources deferred
during
the year|3,620|
|Amounts released fiom previous years||
|Deferred income at 31January 2021|3780|
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|||2021|2020|
|---|---|---|---|
|||f.||
|Property|costs|9,297|9,758|
|Support|costs|6078|3,817|
|||15375|13575|
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|nalysis of|net assets between|funds||||
|---|---|---|---|---|---|
|||Tangible fixed||Net current||
|||assets|Investments|assets|Total|
|||||g||
|Unrestricted|funds|3,172|1,190,686|92,637|1386,495|
|||3,172|1,190,686|92,637|1486,49$|
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||||2021|2020|
|---|---|---|---|---|
||||E||
|Within
Within|one
2-5|year
Years|2,251|8,682
2,251|
||||2,251|10,933|
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|BLCLeather Technology|BLCLeather Technology||500.00|Pentland Brands Plc.||250.00|
|---|---|---|---|---|---|---|
|BRIFFA|||250.00|Prima Solutions Ltd.||250.00|
|British Footwear Association|||500.00|Rubin Foundation
Charitable|Trust|5,000.00|
|Clarks International|||250.00|Sanders &Sanders Ltd.||382.00|
|Dr Martens Foundation|||S 2,500.00|SATRA||320.00|
|Dune Group, The|||1,000.00|Skechers UK&Ireland||250.00|
|Footsure South Eastern Ltd.|||500.00|Start-rite Shoes Ltd.||500.00|
|HB Shoes|||264.00|Stuart Marsh Group, The||250.00|
|ISA Holdings Ltd.|||500.00|T&A Footwear Ltd.||500.00|
|Jacobson, H.|||1,200.00|Timpson Ltd.||500.00|
|Jacobson Group, The|||300.00|Watts, T.||250.00|
|Jeffery-West Ltd.|||300.00|Wm Lamb Group||500.00|
|Lambeth Charitable|Organisation|Fund|K 5,000.00|Worshipful
Company of|||
|Lilley Benevolent Trust, The|||1,000.00|Cordwainers,
The||4,000.00|
|Lockyer, D.|||250.00|Worshipful
Company of|||
|Micro-Pak Ltd|||12,500|Pattenmakers,
The||1,800.00|
|Pavers Ltd.|||250.00||||