| Page | |
|---|---|
| Reference and administrative details ofthe Charity, its Trustees and advisers |
|
| Trustees' report | 2-4 |
| Independent examiner's report |
|
| Statement offinancial activities | |
| Balance sheet | |
| Notes to the financial statements | 8-16 |
| REFERENCE AND | REFERENCE AND | ADMINISTRATIVE | ADMINISTRATIVE | DETAILS OF THE CHARITY, ITSTRUSTEES AND ADVISERS | DETAILS OF THE CHARITY, ITSTRUSTEES AND ADVISERS | DETAILS OF THE CHARITY, ITSTRUSTEES AND ADVISERS |
|---|---|---|---|---|---|---|
| FOR THE | YEAR ENDED 31 DECEMBER 2020 | |||||
| Trustees | D A Williams, | Chairman | ||||
| G Evans, Vice | Chair (deceased | 1 December 2020) | ||||
| A Mason | ||||||
| M Morris | ||||||
| M Pickering | ||||||
| IV Roberts | ||||||
| Rev CTucker | ||||||
| Charity registered | ||||||
| number | 229956 | |||||
| Principal office | Gaia Park Community | Council | Offices | |||
| Prince Charles | Road | |||||
| Wrexham | ||||||
| LL138TH | ||||||
| Secretary | Mrs Pat M Williams | |||||
| Accountants | WR Partners | |||||
| Chartered Accountants |
||||||
| Belmont House | ||||||
| Shrewsbury | Business Park | |||||
| Shrewsbury | ||||||
| Shropshire | ||||||
| SY26LG | ||||||
| Bankers | HSBC Bank | Pic | ||||
| 17/09 Regent | Street | |||||
| Wrexham | ||||||
| Solicitors | GHP Legal | |||||
| Ashgrove | ||||||
| Grosvenor Road | ||||||
| Wrexham | ||||||
| Investment | Advisors | Tilney | ||||
| Royal Liver | Building | |||||
| Pier Head | ||||||
| Liverpool | ||||||
| L3 1NY |
| Endowment | Unrestricted | Total | Total | |||
|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||
| 2020 | 2020 | 2020 | 2019 | |||
| Note | E | F | ||||
| Income and endowments | from: | |||||
| Donations and legacies |
3,467 | 3,467 | ||||
| Investments | 29,441 | 29,441 | 41,208 | |||
| Total income and endowments | 32,908 | 32,908 | 41,208 | |||
| Expenditure on: |
||||||
| Raising funds | 7,315 | 1,024 | 8,339 | 8,918 | ||
| Charitable activities |
15,418 | 15,418 | 46,993 | |||
| Total expenditure | 7,315 | 16,442 | 23,757 | 55,911 | ||
| Net movement in funds before other |
||||||
| recognised gains/(losses) |
(7,315) | 16,466 | 9,151 | (14,703) | ||
| Other recognised gainsl(losses): |
||||||
| Net gains/(losses) on investments |
(60,846) | (60,846) | 72,603 | |||
| Net movement in funds |
(6&,161) | 16,466 | (5'I,695) | 57,900 | ||
| Reconciliation offunds: |
||||||
| Total funds brought forward | 871,088 | 172,290 | 1,043,378 | 985,478 | ||
| Net movement in funds |
(68,161) | 16,466 | (51,695) | 57,900 | ||
| Total funds carried forward | 802,927 | 188,756 | 991,683 | 1,043,378 |
| 2020 | 2019 | ||||||
|---|---|---|---|---|---|---|---|
| Note | E | ||||||
| Fixed assets | |||||||
| investments | 12 | 919,608 | 950,842 | ||||
| 919,608 | 950,842 | ||||||
| Current assets | |||||||
| Debtors | 13 | 654 | 199 | ||||
| Cash at bank and in hand | 73~0 | 93,879 | |||||
| 74,114 | 94,078 | ||||||
| Creditors: amounts | falling due within one | ||||||
| year | 14 | (2,039) | (1,542) | ||||
| Net current assets | 72,075 | 92,536 | |||||
| Total assets less current liabilities | 991,683 | 1,043,378 | |||||
| Net assets excluding | pension asset | 991,6&3 | 1,043,378 | ||||
| Total net assets | 991,683 | 1,043,378 | |||||
| Charity funds | |||||||
| Endowment funds |
15 | &02,927 | 871,088 | ||||
| Restricted funds | 15 | ||||||
| Unrestricted funds |
15 | 188,756 | 172,290 | ||||
| Total funds | 991,683 | 1,043,378 |
| Unrestricted | Total | Total | ||
|---|---|---|---|---|
| funds | funds | funds | ||
| 2020f | 2020f | 2019f | ||
| Income from local listed investments | 29,372 | 29,372 | 41,061 | |
| Investment | income - interest received | 69 | 69 | 147 |
| 29,441 | 29,441 | 41,208 | ||
| Total 2019 | 41,208 | 41,208 |
| Unrestricted | Total | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2020 | 2020 | 2019 | |
| K | |||
| Grants | 5,010 | 5,010 | 37,285 |
| Support costs | 10,408 | 10,408 | 9,708 |
| 15,418 | 15,418 | 46,993 | |
| Total 2019 | 46,993 | 46,993 |
| Grant | ||||
|---|---|---|---|---|
| funding of | Support | Total | Total | |
| activities | costs | funds | funds | |
| 2020 E |
2020f | 2020 | 2019 | |
| Grants | 5,010 | 5,010 | 37,285 | |
| Support costs | 10,408 | 10,408 | 9,708 | |
| 5,010 | 10,408 | 15,418 | 46,993 | |
| Total 2019 | 37,285 | 9,708 | 46,993 |
| Total | Total | ||
|---|---|---|---|
| Activities | funds | funds | |
| 2020 | 2020 | 2019 | |
| E | E | ||
| Staff costs | 6,819 | 6,819 | 5,836 |
| Rent | 1,000 | 1,000 | 1,000 |
| Telephone | 10 | 10 | |
| Sundries | 30 | 30 | 583 |
| Postage and stationary | 51 | 51 | 189 |
| Insurance | 266 | 266 | 262 |
| Accounting | 2,232 | 2232 | 1,838 |
| 10,408 | 10,408 | 9,708 | |
| Total 2019 | 9,708 | 9,708 |
| 2020 | 2019 | ||||
|---|---|---|---|---|---|
| Fees payable | to the Charity's | independent | examiner for the independent | ||
| examination | ofthe Charity's | annual accounts | 1,494 | 1,440 |
| Staff c | osts | |||
|---|---|---|---|---|
| 2020 | 2019 | |||
| Wages | and | salaries | 6,819 | 5,836 |
| 6,819 | 5,836 |
| 2020 | 2019 |
|---|---|
| No. | No. |
| 2020 | 2019 | |
|---|---|---|
| K | ||
| Other taxation and social security | 115 | |
| Accruais and deferred income | 1,924 | 1,542 |
| 2,039 | 1,542 |
| Balance at | ||||||
|---|---|---|---|---|---|---|
| Balance at 1 | 31 | |||||
| January | Gains/ | December | ||||
| 2020f | Income f |
Expenditure | (Losses)f | 2020f | ||
| Unrestricted | funds | |||||
| General Funds - all funds | 172,290 | 32,908 | (16,442) | 188,756 | ||
| Endowment | funds | |||||
| Endowment | Funds - all funds | 871,088 | (7,315) | (60,846) | 802,927 | |
| Total offunds | 1,043,378 | 32,908 | (23,757) | (50,545) | 991,583 | |
| Statement | offunds - prior year | |||||
| Balance at | ||||||
| Balance at | 3l | |||||
| 1January | Gainsl | December | ||||
| 2019 | Income | Expendituref | (Losses) | 2019 | ||
| Unrestricted | funds | |||||
| General Funds - all funds | 178,830 | 41,208 | (47,748) | 172,290 | ||
| Endowment | funds | |||||
| Endowment | Funds - all funds | 806,648 | (8,163) | 72,603 | 871,088 | |
| Total offunds | 985,478 | 41,208 | (55,911) | 72,603 | 1,043,378 |
| Analysis ofnet assets between funds - cur | rent period | ||
|---|---|---|---|
| Endowment | Unrestricted | Total | |
| funds | funds | funds | |
| 2020 f |
2020 f |
2020f | |
| Fixed asset investments | 802,927 | 116,681 | 919,608 |
| Current assets | 74,114 | 74,114 | |
| Creditors due within one year | (2,039) | (2,039) | |
| Total | 802,927 | 188,756 | 991,683 |
| Endowment | Unrestricted | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2019 | 2019 | 2019 | |
| Fixed asset investments | 871,088 | 79,754 | 950,842 |
| Current assets | 94,078 | 94,0?B | |
| Creditors due within one year | (1,542) | (1,542) | |
| Total | 871,088 | 172,290 | 1,043,3?8 |