| Page | ||
|---|---|---|
| Reference and administrative details ofthe Company, |
itsTrustees and advisers | |
| Trustees' report | 2-12 | |
| Independent examiner's report |
13 | |
| Statement ofRnandal activities | 14 | |
| Balance sheet | 15-16 | |
| Notes tothe financial statements | 17-36 |
| Trustees | MrI lies | ||||
|---|---|---|---|---|---|
| Mr C Harris | (resigned 21November 2020) | ||||
| Mrs I Robbins | |||||
| Mr P Miller | |||||
| Dr R Dickinson | |||||
| Dr P Burman | |||||
| Ms CButterworth | (resigned 21January 2021) | ||||
| Ms N Johnson | |||||
| Mr HA Hug | |||||
| Company registered | |||||
| number | 00012583 | ||||
| Charity registered | number | 231758 | |||
| Registered office | Meersbrook | Hall | |||
| Brook Road | |||||
| Sheffield | |||||
| 589FL | |||||
| Administrator | Mr Martin Green | ||||
| Communications | officer | Mr Simon Seligman | |||
| Independent | examiner | Philip Allsop | FCA | ||
| BHP LLP | |||||
| 2 Rutland Park |
|||||
| Sheffield | |||||
| S102PD |
| Unrestricted | Total | Total | ||||
|---|---|---|---|---|---|---|
| funds | funds | funds | ||||
| 2021 | 2021 | 2020 | ||||
| Note | 6 | 6 | E | |||
| Income from: | ||||||
| Donations and legacies |
4 | 21,497 | 21AI97 | 31,866 | ||
| Charitable activities |
5 | 2,917 | 2,917 | 8,298 | ||
| Other trading activities | 3,627 | 3,627 | 19,187 | |||
| Investments | 7 | 111,289 | 111,289 | 102,034 | ||
| Total income | 139,330 | 139,330 | 161,385 | |||
| Expenditure on: |
||||||
| Raising funds | 8 | 104,152 | 104,152 | 122,829 | ||
| Charitable activities |
10 | 127,328 | 127,328 | 254,634 | ||
| Total expenditure | 231A80 | 231,480 | 377,463 | |||
| Net expenditure | before net gains/(losses) | on investments | (92,150) | (92,150) | (216,078) | |
| Net gains/(losses) | on investments | 238,882 | 238,882 | (84,150) | ||
| Net movement in funds |
146,732 | 146,732 | (300,228) | |||
| Reconciliation of | funds: | |||||
| Total funds brought forward | 5,482,295 | 5,482,295 | 5,782,523 | |||
| Net movement in |
funds | 146,732 | 146,732 | (300,228) | ||
| Total funds carried forward | 5,629,027 | 5,629,027 | 5,482,295 |
| 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|
| E | E | ||||||
| Fined assets | |||||||
| iangioie assets | 16 | 4,477,964 | 4,435,675 | ||||
| Heritage assets | 17 | 58~0 | 58,15s | ||||
| Investments | 1,036,342 | 931,178 | |||||
| 5,572,656 | 5,425,006 | ||||||
| Current assets | |||||||
| Debtors | 19 | 45,366 | |||||
| Cash at bank and in hand | 27,713 | ||||||
| 74,797 | 73,079 | ||||||
| Creditors: amounts | falling due | within one year | 20 | (1&,426) | (15,790) | ||
| Net current assets | 56,371 | 57,285 | |||||
| Total assets less current liabilities | 5,629,027 | 5,482,295 | |||||
| Total net assets | 5,629,027 | 5,482,295 | |||||
| Charityfunds | |||||||
| Restricted funds | 21 | ||||||
| Unrestdcted funds |
|||||||
| Designated funds (Revaluation |
reserve: | ||||||
| 51,281,992(2020:E1,130,868) | 21 | 5,572,656 | 5,425,006 | ||||
| Generalfunds | 21 | 56,371 | 57,289 | ||||
| Total unrestricted | funds | 21 | 5,629,027 | 5,482,295 | |||
| Total funds | 5,629,027 | 5,482,295 |
| Unrestricted | Total | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2021 | 2021 | 2020 | |
| 6 | 6 | E | |
| Timber sales | 3,627 | 3,627 | 19,187 |
| Total 2020 | 19,187 | 19,187 |
| Unrestricted | Total | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2021 | 2021 | 2020 | |
| 6 | 6 | 6 | |
| Income from properties | 100,702 | 100,702 | 80,902 |
| Income from listed investments | 10,587 | 10,687 | 21,132 |
| 111,289 | 111,289 | 102,034 | |
| Total 2020 | 102,034 | 102,034 |
| Unrestricted | Total | Total | ||||
|---|---|---|---|---|---|---|
| funds | funds | funds | ||||
| 2021 | 2021 | 2020 | ||||
| f | E | f | ||||
| Investment | management | fees | 8,670 | 8,670 | 9,830 | |
| Total 2020 | 9,830 | 9,830 | ||||
| Property expenses | ||||||
| Unrestricted | Total | Total | ||||
| funds | funds | funds | ||||
| 2021f | 2021 E |
2020 f |
||||
| Property repairs | 23,438 | 23,438 | 53,616 | |||
| Property insurance | and | utility costs | 14,844 | 14,844 | 4,165 | |
| Depreciation | 47,741 | 47,741 | 50,645 | |||
| Property administration | 9,459 | 9,459 | 4,573 | |||
| 95,482 | 95,482 | 112,999 | ||||
| Total2020 | 112,999 | 112,999 |
| Direct | Support | Total funds | Totalfunds | ||
|---|---|---|---|---|---|
| activities | activities | 2021 | 2020 | ||
| Property repairs | 23,438 | 53,616 | |||
| Property insurance | and utility costs | 14,844 | 14,844 | 4,165 | |
| Depreciation | 47,741 | 47,741 | 50,645 | ||
| Property administration | 9,459 | 9,459 | 4,573 | ||
| 86,023 | 9,459 | 95,482 | 112,999 | ||
| Total 2020 | 108,426 | 4,573 | 79,134 |
| Total | Total | |||
|---|---|---|---|---|
| Activities | funds | funds | ||
| 2021f | 2021 f |
2020 f |
||
| Books and publications | 1,758 | 1,758 | 4,689 | |
| Symposia | and events | 2,482 | 2AHI2 | 7,910 |
| Shefgeld | Project expenditure | 34,576 | ||
| Heritage | Lottery Fund - Wyre | 8,939 | ||
| Wyre Woodland | 994 | 12,436 | ||
| Creative | project | 21,843 | 21,843 | 9,650 |
| 27,077 | 27,077 | 78,200 | ||
| Total2020 | 78,200 | 78,200 |
| Total | Total | |||||||
|---|---|---|---|---|---|---|---|---|
| Activities | funds | funds | ||||||
| 2021 | 2021 | 2020 | ||||||
| 6 | 6 | E | ||||||
| Staffcosts | (note 13) | 34,553 | 34,553 | 36,263 | ||||
| Marketing | costs | 3.221 | 3.221 | 15,117 | ||||
| Website and | ITcosts | 3,637 | 3,637 | 783 | ||||
| General administration | fees | 7,042 | 7,042 | 8,437 | ||||
| Trustee costs | 532 | 532 | 15,242 | |||||
| Governance | costs (note | 12) | 5,191 | 5,191 | 7,422 | |||
| 54,176 | 54,176 | 83,264 | ||||||
| Total 2020 | 83,264 | 83,264 | ||||||
| 12. | Analysis of | governance | costs | |||||
| 2021 | 2020 | |||||||
| Independent | examination | fees | 2,330 | 2,042 | ||||
| Legal and professional | 3,630 | |||||||
| Accountancy | fees | 1,750 | 1,750 | |||||
| 5,191 | 7,422 |
| Grants to | Grants to | Total | Total | |
|---|---|---|---|---|
| Institutions | Individuals | funds | funds | |
| 2021 | 2021 | 2021 | 2020 | |
| 6 | 6 | E | ||
| Grants payable | 44,075 | 46,075 | 93,170 | |
| Total 2020 | 91,170 | 2,000 | 93,170 |
| 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|
| E | E | ||||||
| Name ofinstitution | |||||||
| Wyre Community | Land Trust | 5,870 | |||||
| Sheffield Museums | 37,500 | 68,000 | |||||
| Campaign for Drawing |
1,575 | 1,500 | |||||
| Westmill Parish Church |
300 | ||||||
| 42nd Street | 5,000 | ||||||
| Manchester Metropolitan |
University | —Festival of Ruskin | in Manchester | 10,000 | |||
| Oxford University | Development | Trust | 500 | ||||
| 44,075 | 91,170 |
| 2021 | 2020 | ||
|---|---|---|---|
| 6 | E | ||
| Wages | and salaries | 33,785 | 35,020 |
| Pension | costs | 768 | 1,243 |
| 34,553 | 36,263 |
| 2021 | 2020 |
|---|---|
| No. | No. |
| Freehohi | Plant and | ||
|---|---|---|---|
| pmperty | machinery | Total | |
| E | 6 | E | |
| Cost or valuation | |||
| At 1April 2020 | 4,565,395 | 11,624 | 4,577,019 |
| Additions | 89,760 | 270 | 90,030 |
| At 31March 2021 | 4,655,155 | 11494 | 4,667,049 |
| Depreciation | |||
| At 1April 2020 | 139,182 | 2,162 | 141,344 |
| Charge forthe year | 46,552 | 1,189 | 47,741 |
| At 31March 2021 | 185,734 | 3,351 | 189,085 |
| Net book volue | |||
| At31March 2021 | 4&9/21 | 8,543 | 4,477,964 |
| At 31March 2020 | 4,426,213 | 9,462 | 4,435,675 |
| Heritage | ||||||
|---|---|---|---|---|---|---|
| assets | Total | |||||
| 2021 | 2021 | |||||
| 8 | 5 | |||||
| Carrying | value | at | 1April | 2020 | 58,153 | 58,153 |
| Additions | 197 | 197 | ||||
| 58,350 | 58,350 |
| 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|
| E | E | E | E | E | |
| Punhases | |||||
| Heritage assets at cost | 411 | 533 | |||
| Donations | |||||
| Heritage assets at cost | 197 | ||||
| Tote/ additions | |||||
| 197 | 411 | 533 |
| 18. | Fixed asset i | nvestments | |||
|---|---|---|---|---|---|
| Listed | Total | Total | |||
| investments | 2021 | 2020 | |||
| 6 | 6 | 6 | |||
| Costor valuation | |||||
| At 1April 2020 | 900,568 | 900,568 | 1,174,708 | ||
| Additions | 471,268 | 471,268 | 302,694 | ||
| Disposals | (579,251) | (579,251) | (492,684) | ||
| Revaluations | 238,882 | 238,882 | (84,150) | ||
| At 31March | 2021 | 1,031,467 | 1,031p467 | 900,568 | |
| Investment | cash | 4,875 | 4I$75 | 30,610 | |
| 1,036,342 | 1,036,342 | 931,178 | |||
| At31March | 2021 | ||||
| Histodcal cost | 883,645 | $83,645 | 929,604 | ||
| 19. | Debtors | ||||
| 2021 | 2020 | ||||
| f | |||||
| Trade debtors | 7,895 | 19,150 | |||
| Other debtors | 23,786 | 23,595 | |||
| Prepayments | and accrued income | 11,322 | 2,621 | ||
| 43,003 | 45,366 |
| 2021 | 2020 | |
|---|---|---|
| 6 | E | |
| Trade creditors | 10,098 | 9,009 |
| Other taxation and social security | 912 | 452 |
| Other creditors | 235 | |
| Accruals and deferred income | 7,416 | 6,094 |
| 18326 | 15,790 |
| Statement offunds | - pdor year | ||||||
|---|---|---|---|---|---|---|---|
| Balance at | |||||||
| Balance at | Transfers | Gains/ | 31March | ||||
| 1April 2019f | Incomef | Expenditure | f | in/outf | (Losses)f | 2020 f |
|
| unrestncted | |||||||
| funds | |||||||
| Designated funds | |||||||
| Fixed asset fund | 5,697,930 | (50,645) | (138,129) | (&4,150) | 5,425,006 | ||
| General funds | |||||||
| General | |||||||
| unrestricted | |||||||
| funds | 80,093 | 158,570 | (310,479) | 129,105 | 57,289 | ||
| Total Unrestricted | |||||||
| funds | 5,77&,023 | 158,570 | (361,124) | (9,024) | (84,150) | 5,482,295 | |
| Restricted funds | |||||||
| Ruskin Exhibitions | |||||||
| -Sheffield | |||||||
| Museums | 4,500 | (4,SOO) | |||||
| Heritage Lottery |
|||||||
| Fund - Wyre | 2,040 | (3,061) | 1,021 | ||||
| Heritage Lottery |
|||||||
| Fund- | |||||||
| Meersbrook | |||||||
| project | 775 | (8,778) | 8,003 | ||||
| 4,500 | 2,815 | (16,339) | 9,024 | ||||
| Totaloffunds | 5,782,523 | 161,385 | (377,463) | (84,150) | 5,482,295 |
| Summary | offunds | offunds | |||||
|---|---|---|---|---|---|---|---|
| Summary | offunds -current year | Interne | |||||
| Balance at1 | Transfers | Gains/ | Balance at31 | ||||
| Apdl 2020f | f | Expendituref | in/outf | (Losses)f | March 2021f | ||
| Designated | funds | 5,425,006 | (47,741) | (43,491) | 238,882 | 5,572,656 | |
| General funds | 57~ | 139,330 | (283,739) | 43,491 | 56,371 | ||
| 5,482,295 | 139,330 | (231,480) | 238,882 | 5,629,027 | |||
| Summary | offunds | - prior year | |||||
| Balance at | |||||||
| Balance at | Transfers | Gains/ | 31March | ||||
| 1April 2019 f |
Income f |
Expenditure f |
in/out f |
(Losses)f | 2020 f |
||
| Designated | funds | 5,697,930 | (50,645) | (138,129) | (84,150) | 5,425,006 | |
| General funds | 80,093 | 158,570 | (310,479) | 129,105 | 57,289 | ||
| Restricted | funds | 4,500 | 2,815 | (16,339) | 9,024 | ||
| 5,782,523 | 161,385 | (377,463) | (84,150) | 5,482,295 |
| Analysis ofnet assets between funds -current year | ||
|---|---|---|
| Unrestricted | Total | |
| funds | funds | |
| 2021 | 2021 | |
| f | F. | |
| Tangible fixed assets | 4,477,964 | 4,477,964 |
| Fixed asset investments | 1,036,342 | Lp036,342 |
| Heritage assets | 58,350 | 58,350 |
| Current assets | 74,797 | 74,797 |
| Creditors due within one year | (18,426) | (18J26) |
| Total | 5,629,027 | 5,629,027 |
| Unrestricted | Total | |
|---|---|---|
| funds | funds | |
| 2020 | 2020 | |
| f | f | |
| Tangible fixed assets | 4,435,675 | 4,435,675 |
| Fixed asset investments | 931,178 | 931,178 |
| Heritage assets | 58,153 | 58,153 |
| Current assets | 73,079 | 73,079 |
| Creditors due within one year | (15,790) | (15,790) |
| Total | 5,482,295 | 5,482,295 |