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2020-12-31-accounts

Page
Report ofthe Trustees 1 to 4
Independent
Examiner's
Report
Statement of Financial Activities
Statement of Financial Position
Notes to the Financial Statements 8 to 15
Detailed Statement of Financial Activities 16 to 17

2020 2019
Unrestricted Endowment Total Total
Notes funds fund
E		 funds
6		 funds
I
INCOME AND ENDOWMENTS FROM
Charitable
activities
Charitable
activities		 26,333 26/333
Other trading
activities
Investment
income		 3
4		 191,534
3,110		 191,534
3,110		 239,346
3,236
Total 220,977 220,977 242,582
EXPENDITURE
ON
Charitable
activities
Charitable
activities		 177,765 177/765 222/73 1
Net gains on investments 400,000 400,000
NET INCOME 43/212 400/000 443 212 19851
RECONCILIATION
OF FUNDS
Total funds brought forward 261/094 4/500/000 4/76 1/094 4/741/243
TOTAL FUNDS CARRIED FORWARD 304,306 4,900,000 5,204,306 4,761,094

2020 2019
Unrestricted Endowment Total Total
Notes funds
I		 fund
I		 funds
E		 fundsI
FIXEDASSETS
Tangible assets 9 12,370 121370 12,788
Investments
Investments 10 2,300 2,300 2,300
Investment
property		 11 4/900/000 4f900/000 4,500,000
14g670 4y900~000 4~914~670 4~515~088
CURRENT ASSETS
Stocks 12 100 100 100
Debtors
Cash at bank and		 in hand 13 13,992
282,022		 13,992
282,022		 17,150
236,927
296,114 296,114 254,177
CREDITORS
Amounts
falling due within		 one year 14 (6,478) (6,478) (8,171)
NET CURRENT ASSETS 289,636 289,636 246,006
TOTAL ASSETS LESSCURRENT
LIABILITIES 304r306 4~900~000 5 204306 4 761094
NET ASSETS 304r306 4g900g000 Sg204~306 4~761'094
FUNDS 15
Unrestricted
funds		 304,306 261,094
Endowment
funds		 4,900,000 4,500,000
TOTAL FUNDS 5,204,306 4,761,094

INVESTMENT INCOME INVESTMENT INCOME
2020
6		 2019
I
Deposit
Current		 account interest
asset investment		 income 3,093
17		 3,214
22
3,110 3,236
TRUSTEES' REMUNERATION AND BENEFITS
2020 2019
E 6
Trustees' fees 1,000 1,000

The averag e
monthly
number ofemployees
during		 the year was as follows:
2020 2019
Charitable activities 5 6

2020 2019
6 6
Statutory accounts production lk external scrutiny 3,420 2,652
3,420 2,652

8. COMPARATIVES
FOR THE STATEMENT OF FINANCIAL ACTIVITIES		 COMPARATIVES
FOR THE STATEMENT OF FINANCIAL ACTIVITIES		 COMPARATIVES
FOR THE STATEMENT OF FINANCIAL ACTIVITIES		 COMPARATIVES
FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Endowment Total
funds
6		 fund
I		 funds
6
ZNCOME
AND ENDOWMENTS		 FROM
Other trading
activities		 239,346 239,346
Investment
income		 3,236 3,236
Total 242,582 242,582
EXPENDITURE ON
Charitable activities
Charitable
activities		 222,731 222,731
NET INCOME 19,851 19,851
RECONCIZIATION
OF FUNDS
Total funds brought forward 241 243 4~500g000 4 741 243
TOTAL FUNDS CARRIED FORWARD 261,094 4,500,000 4,761,094
TANGIBLE FIXEDASSETS
Fixtures
and
fittings
f
COST
At 13anuary 2020 and
31December 2020		 107,337
DEPRECIATION
At 11anuary 2020
Charge for year		 94,549
418
At 31December 2020 94,967
NET BOOK VALUE
At 31December 2020 12,370
At 31December 2019 12,788

FIXEDASSET INVESTMENTS
Unlisted
investments
MARKET VALUE
At 1January
2020 and
31December 2020		 2,300
NET BOOK VALUE
At 31December 2020 2,300
At 31December 2019 2,300

INVESTMENT PROPERTY
FAIR VALUE
At 1January
2020
Revaluation		 4,500,000
400,000
At 31December 2020 4,900,000
NET BOOK VALUE
At 31December 2020 4,900,000
At 31December 2019 4,500,000

12. STOCKS
2020 2019
I
Stocks 100 100
13. DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
2020 2019
E
Trade debtors 880 1,755
Other debtors 440 440
Prepayments and accrued income 12,672 14,955
13,992 17,150
14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2020
E		 2019
I
Other creditors 1,270 144
Accruals and deferred income 5,208 8,027
6,478 8, 171
15. MOVEMENT IN FUNDS
Net
movement At
At 1.1.20 in funds
I		 31.12.20
I
Unrestricted funds
General
fund		 261,094 43g212 304/306
Endowment funds
Permanent
endowment		 fund 4,500,000 400,000 4,900,000
TOTAL FUNDS 4g761 094 443~212 Sg204 306
Net movemen t
in funds		 ,
included
in t		 he above are as follow s:
Incoming Resources Gains and Movement
resources expended
I		 losses
f		 in funds
I
Unrestricted funds
General
fund		 220g977 (177~765) 43,212
Endowment funds
Permanent
endowment		 fund 400,000 400,000
TOTAL FUNDS 220,977 (177,765) 400,000 443,212

Compsr etiv e s
for mo		 vement
in funds
Net
movement At
At 1.1.19 in funds 31.12.19
E E E
Unrestricted funds
General fund 241,243 19,851 261,094
Endowment funds
Permanent endowment fund 4,500,000 4,500,000
TOTAL FUNDS 4,741,243 19,851 4,761,094
Compara tive net movement
in i'unds,
incl		 uded
in the above are as follows:
Incoming Resources Movement
resources expended in funds
E E
Unrestricted funds
General fund 242,582 (222,731) 19,851
TOTAL FUNDS 242,582 (222,731) 19,851
A curren t y ea r 12 mont hs
and pdor year 12		 months
combined
position
is as		 follows:
Net
movement At
At 1.1.19 in funds 31.12.20
E E E
Unrestricted funds
General fund 241,243 63,063 304,306
Endowment funds
Permanent endowment fund 4,500,000 400,000 4,900,000
TOTAL FUNDS 4,741,243 463,063 5,204,306

A current
yea
above are as		 r 12 mon
follows:		 ths
and prior		 year 12 months
combi		 ned
net movem		 ent
in funds,
i		 ncluded
in
Incoming Resources Gains and Movement
resources expended losses in funds
6 6 6 6
Unrestricted funds
General
fund		 463,559 (400,496) 63,063
Endowment funds
Permanent
endowment		 fund 400,000 400,000
TOTAL FUNDS 463,559 (400,496) 400,000 463,063

2020 2019
E
INCOME AND ENDOWMENTS
Other trading activities
Rent - Properties
Lettings - Hall		 156,187
35,347		 155,132
84,214
191,534 239,346
Investment
income
Deposit account interest
Current asset investment		 income 3,093
17		 3,214
22
3,110 3,236
Charitable
activities
Retail Hospitality
and
CIRS income		 Leisure Grant 10,000
16,333
26,333
Total incoming
resources		 220,977 242,582
EXPENDITURE
Charitable
activities
Repairs and renewals
Repairs and renewals		 - I-lail
- Properties		 13,162
53,121		 56,280
44,371
66,283 100,651
Support costs
Management
Wages
Social security
Pensions
Rates and water
Insurance
Light and heat
Advertising		 61,592
1,149
2,777
3,875
20,712
7,019		 70,146
1,197
2,959
4,304
15,666
13,091
415
Depreciation
oftangible
assets		 and heritage 418 492
97,542 108,270
Governance
costs
Trustees' fees
Carried forward		 1,000
1,000		 1,000
1,000

2020I 2019
6
Governance costs
Brought forward
Office costs		 1,000
8,668		 1,000
8,634
Accountancy and legal fees 4,272 4,176
13,940 13,810
Total resources expended 177,765 222,731
Net income before gains and losses 43,212 19,851
Unrealised recognised gains and losses
Unrealised
gains/losses		 on investment
property 400,000
Net income 443,212 19,851