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2021-03-31-accounts

Page
Trustees' annual
report
Independent
examiner's
report		 to the trustees
Statement of financial
activities
Statement offinancial
position
Statement ofcash flows
Notes to the financial statements
The following pages do not form part ofthe financial statements
Detailed statement
of financial		 activities
Notes to the detailed statement offinancial activities 20

Yea r end ed 31Marc h 2021
2021 2020
Unrestricted Restricted
funds funds Total funds Total funds
Note E,
Income and endowments
Donations and legacies 5,607 590 6,197 10,073
Investment
income		 16,599 16,599 17,316
Other income 14,724 5,000 19,724 5,500
Total income 36,930 5,590 42,520 32,889
Expenditure
Expenditure
on charitable		 activities 7,8 23,590 11,325 34,915 33,588
Total expenditure 23,590 11,325 34,915 33,588
Excess of Income over Expenditure 13,340 (5,735) 7,605 (699)
Net gains/(losses)
on investments		 9 101,745 101,745 (28,367)
Net Income/(expenditure) and net
movement
ln funds		 115,085 (5,735) 109,350 (29,066)
Reconciliation
offunds
Total funds brought
forward		 278,253 245,394 523,647 552,713
Total funds carried forward 393,338 239,659 632,997 523,647

31Marc h 2021
2021 2020
Note
Fixed assets
Tangible fixed assets 14 1,044 556
!nvestments 15 598,432 477,366
599,476 477,922
Current assets
Cash at bank and in hand 34,782 46,854
Creditors: amounts falling due within one year 16 1,261 1,129
Net current assets 33,521 45,725
1'otal assets less current liabilities 632,997 523,647
Net assets 632,997 523,647
Funds of the charity
Restricted funds 239,659 245,394
Unrestricted funds 393,338 278,253
Total charity funds 18 632,997 523,647

Y ear en ded 31March 202 1
2021 2020
K
Cash flows from operating
activities
Net income/(expenditure) 109,350 (29,066)
Adjustments
for:
Depreciation
oftangible
fixed assets		 212 185
Net gains/(losses)
on investments		 (101,745) 28,367
Dividends,
interest and rents from		 investments (16,599) (17,316)
Changes
in:
Trade and other creditors 132 27
Cash generated
from operations		 (8,650) (17,803)
Net cash used in operating
activities		 (8,650) (17,803)
Cash flows from investing
activities
Dividends,
interest and rents from		 investments 16,599 17,316
Purchase oftangible assets (700)
Purchases ofother investments (318,079) (113,775)
Proceeds from sale ofother investments 298,758 128,191
Net cash (used in)/from
investing		 activities (3.422) 31,732
Net (decrease)/increase
In cash		 and cash equivalents (12,072) 13,929
Cash and cash equivalents
at beginning		 ofyear 46,854 32,925
Cash and cash equivalents
at end ofyear		 34,782 46,854

Donations and l egacies
Unrestricted Restricted Total Funds
Funds Funds 2021
R R R
Donations
Subs Donations 8.Giffs 5,111 470 5,581
Parish Donations 496 120 616
Craft Class
Coffee Morning
5,607 590 6,197
Unrestricted Restricted Total Funds
Funds Funds 2020
Donations
Subs Donations LGifts 6,730 30 6,760
Parish Donations 1,443 1,443
Craft Class 126 126
Coffee Morning 1,744 1,744
10,043 30 10,073

5. Investment in come
Unrestricted Total Funds Unrestricted Total Funds
Funds 2021 Funds 2020
R
Income from UK investments 16,599 16,599 17,316 17,316
6. Other income
Unrestricted Restricted Total Funds
Funds Funds 2021
R
Other income 5,000 5,000
CJRS Grants 14,724 14,724
14,724 5,000 19,724
Unrestricted Restricted Total Funds
Funds Funds 2020
f.
Other income 5,500 5,500
CJRS Grants
5,500 5,500
7. Expenditure on charitable activities by fund type
Unrestricted Restricted Total Funds
Funds Funds 2021
R R
Support costs 23,590 11,326 34,915
Unrestricted Restricted Total Funds
Funds Funds 2020
Support costs 25,434 8,154 33,588
8. Expenditure on charitable activities by activity type
Support Total funds Total fund
costs 2021 2020
Charitable Activity 34,915 34,915 33,588

9. Net gains/(los ses)
on inve		 stments
Unrestricted Total Funds Unrestricted Total Funds
Funds 2021 Funds 2020
Gains/(losses) on other investment
assets 101,745 101,745 (28,367) (28,367)
10. Net Income/(expenditure)
Net income/(expenditure) isstated after charging/(crediting);
2021 2020
Depreciation oftangible fixed assets 212 185
11. Independent examination fees
2021 2020
Fees payable to the independent examiner for:
Independent examination of the financial statements 864 864

The total staff costs a
follows:		 nd employee
benefits
for the		 reporting
period are an		 alysed
as
2021 2020
S R
Wages and salaries 28,134 23,519
Employer contributions to pension plans 507 497
28,641 24,016

14. Tangible fixed ass ets
Fixtures and Computer
fittings Equipment Total
R
Cost
At
1 ApAI 2020		 13,299 13,299
Additions 700 700
At 31March 2021 13,299 700 13,999
Depreciation
At
1 April 2020		 12,743 12,743
Charge forthe year 139 73 212
At 31March 2021 12,882 73 12,955
Carrying
amount
At 31March 2021 417 627 1,044
At 31 March 2020 556 556
15. Investments
Usted
investments
R
Cost orvaluation
At
1 April 2020		 477,366
Additions 318,079
Dispolals (197,013)
At 31March 2021 598,432
Impairment
At 1 April 2020and 31March 2021
Carrying
amount
At 31March 2021 598,432
At 31 March 2020 477,366
All investments
shown above are held at valuation.
16. Creditors: amounts falling due within one year
Creditors: amounts
falling due within one year
2021 2020
E
Accruals and deferred income 864 864
Social security and other taxes 397 265
1,261 1,129

Analysis of Analysis of charitable
fund		 s
UnrestrIcted funds
Gains and At
At 1 April 20 Income Expenditure losses 31March 21
R
General funds 278,253 36,930 (23.590) 101,745 393,33B
Gains and At
At 1 April 19 Income Expenditure losses 31 March 20
R
General funds 304,695 27,359 (25,434) (28,367) 278,253
Restricted funds
Gains and At
At 1 April 20 Income Expenditure losses 31March 21
Restricted Fund 245,394 5,590 (11,326) — 239.65B
Gains and At
At 1 April 19 Income Expenditure losses 31 March 20
Restricted Fund 248,018 5,530 (8,154) 245.394
Analysis of changes ln net debt
At At
1 Apr 2020 Cash flows 31Mar 2021
Cash at bank and in hand 46,854 (12,072) 34,782

Year ended 31Mar ch 2021
2021 2020
f.
Income and endowments
Donations and legacies
Subs Donations
L Gifts		 5,581 6,760
Parish Donations 616 1,443
Craft Class 126
Coffee Morning 1,744
6,197 10,073
Investment
income
Income from UK investments 16,599 17,316
Other Income
Other income 5,000 5,500
CJRS Grants 14,724
19,724 5,500
Total income 42,520 32,889
Expenditure
Expenditure
on charitable		 activities
Wages and salaries 28,134 23,519
Pension costs 507 497
Rent 250 380
Insurance 569 566
Portfolio management costs 2,472 2,572
Legal and professional fees 990 1,008
Telephone 483 482
Depreciation 212 185
Printing, stationery and advertising 435 545
Maintenance
ofoffice		 equipment 75
Lay pastoral expenses 171
Interpreters
fees/meetings		 30 1,048
Travel costs 539 727
Coffee morning 1,763
Miscellaneous
expenses		 219 125
34,915 33,588
Total expenditure 34,915 33,588

2021 2020
R f.
Net gains/(losses) on investments
Gains/(losses)
on		 other investment assets (101,745) 28,367
Net income/(expenditure) 109,350 (29,066)

2021 2020
Expenditure
on		 charitabie activities
Activity type 1
Support costs
Staff salaries 2B,134 23,519
Employer's
pension costs		 507 497
Rent-Hall
Hire		 250 380
Insurance 549 566
Portfolio Management Fees 2,472 2,572
Accountancy
fees		 990 1,008
Telephone 4B3 482
Depreciation 212 185
Printing, Stationery
8,Adverts		 435 545
Maintenance
ofOffice		 Equipment 75
Lay Pastoral Expense 171
Interpreters
Fees/Meetings		 30 1,048
Coach Hire for Services 539 727
Coffee Morning 1,763
Miscellaneous Expenses 219 125
34,915 33,588
Expenditure
on		 charitabie activities 34,915 33,588