| Page | |||
|---|---|---|---|
| Operating and Financial |
Review | ||
| Report ofthe Trustees | 2 to | 5 | |
| Independent Examiner's |
Report | ||
| Statement ofFinancial | Activities | ||
| Balance Sheet | 8 to | 9 | |
| Notes to the Financial | Statements | 10 to | 15 |
| Detailed Statement ofFinancial Activities | 16 to | 17 |
| Statement ofFinancial Activities | |||||
|---|---|---|---|---|---|
| for the Year Ended 31October 2021 | |||||
| 31.10.21 | 31.10.20 | ||||
| Unrestricted | Restricted | Total | Total | ||
| fund | fund | funds | funds | ||
| Notes | |||||
| INCOME AND ENDOWMENTS | |||||
| FROM Donations and legacies |
158,188 | 20,076 | 178,264 | 169,043 | |
| Rental Income Covid Grants |
2 | 12,400 12/46 |
12,400 12/46 |
18,273 19,405 |
|
| Total | 182,834 | 20,076 | 202,910 | 206,721 | |
| EXPENDITURE ON | |||||
| Charitable activities Education and Support Building and Maintenance Charitable Donations |
166819 9,113 |
19,581 | 166,819 9,113 19,581 |
158,076 53,770 8,674 |
|
| Governance Costs |
9,107 | 9,107 | 8,561 | ||
| Total | 185,039 | 19,581 | 204,620 | 229,081 | |
| NET INCOME/(EXPENDITURE) | (2,205) | 495 | (1,710) | (22,360) | |
| Net movement in funds |
(2,205) | 495 | (1,710) | (22,360) | |
| RECONCILIATION OF FUNDS |
|||||
| Total funds brought forward | 1,258,508 | 1,047 | 1,259,555 | 1,281,915 | |
| TOTAL FUNDS CARRIED FORWARD |
1,256,303 | 1,542 | 1,257,845 | 1,259,555 |
| Balance Sheet | |||||
|---|---|---|---|---|---|
| 31October 2021 | |||||
| 31.10.21 | 31.10.20 | ||||
| Unrestricted | Restricted | Total | Total | ||
| fund | fund | funds | funds | ||
| Notes | |||||
| FIXEDASSETS Tangible assets |
6 | 653,093 | 653,093 | 655,324 | |
| CURRENT ASSETS Debtors Cash at bank |
7 | 3,461 617,582 |
1,542 | 3,461 619,124 |
3,461 618,799 |
| 621,043 | 1,542 | 622,585 | 622,260 | ||
| CREDITORS | |||||
| Amounts falling due within one year |
8 | (12,833) | (12,833) | (13,029) | |
| NET CURRENT ASSETS | 608,210 | 1,542 | 609,752 | 609,231 | |
| TOTAL ASSETS LESSCURRENT LIABILITIES |
1,261,303 | 1,542 | 1,262,845 | 1,264,555 | |
| PROVISIONS FOR LIABILITIES | 9 | (5,000) | (5,000) | (5,000) | |
| NET ASSETS | 1,256,303 | 1,542 | 1,257,845 | 1259,555 | |
| FUNDS | 10 | ||||
| Unrestricted funds: |
|||||
| General fund Revaluation reserve |
1,045,595 210,708 |
1,047,800 210,708 |
|||
| Restricted funds: Restricted Donations |
1,542 | 1,047 | |||
| TOTAL FUNDS | 1,257,845 | 1,259,555 |
| is provid eful life. |
ed at the following annual rate |
s in order to writ |
|---|---|---|
| Land and | buildings | Zero |
| Leasehold | land and buildings | Zero |
| Plant and | machinery | 15% |
| Furninue, | Fixture and Fittings | 33% |
| 2 | RENTAL INCOME | |||
|---|---|---|---|---|
| . | 31.10.21 | 31.10.20 | ||
| Rents received | 12,400 | 18,273 | ||
| 3. | NET INCOME/(EXPENDITURE) | |||
| Net income/(expenditure) | is stated after charging/(crediting): | 31.10.21 | 31.10.20 | |
| E | ||||
| Depreciation - owned assets | 2431 | 3,298 |
| Unrestricted | Restricted | Total | ||
|---|---|---|---|---|
| fund | fund | funds | ||
| INCOME | AND ENDOWMENTS FROM | |||
| Donations | and legacies | 160,369 | 8,674 | 169,043 |
| Rental Income | 18,273 | 18,273 | ||
| Covid Grants | 19,405 | 19,405 | ||
| Total | 198,047 | 8,674 | 206,721 | |
| EXPENDITURE ON | ||||
| Charitable | activities | |||
| Education and Support Building and Maintenance Charitable Donations |
166,637 53,770 |
8,674 | 166,637 53,770 8,674 |
|
| Total | 220,407 | 8,674 | 229,081 |
| . | COMPARATIVES FO continued |
R THE STATE | MENT OFF | INANCIAL | ACTIVITIE | S- |
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||||
| fund | fund | funds | ||||
| NET INCOME/(EXPENDITURE) | (22,360) | (22,360) | ||||
| Net movement in funds |
(22,360) | (22,360) | ||||
| RECONCILIATION | OFFUNDS | |||||
| Total funds brought forward | 1,280,868 | 1,047 | 1,281,915 | |||
| TOTAL FUNDS CARRIED FORWARD |
1458,508 | 1,047 | 1,259,555 | |||
| 6. | TANGIBLE FIXED ASSETS | |||||
| Fixtures | ||||||
| Freehold property |
Long leasehold |
Plant and machinery |
arid fittings |
Totals | ||
| COST | E | |||||
| At 1November 2020 and 31October 2021 |
647,915 | 7,815 | 130,201 | 29,007 | 814,938 | |
| DEPRECIATION At 1November 2020 Charge for year |
7,101 | 130,201 | 22,312 2331 |
159,614 2,231 |
||
| At 31October 2021 | 7,101 | 130,201 | 24,543 | 161,845 | ||
| NET BOOKVALUE At 31October 2021 |
647,915 | 714 | 4,464 | 653,093 | ||
| At 31October 2020 | 647,915 | 714 | 6,696 | 655,324 |
| 7. | DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR | DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR | 31.10.21 | 31.10.20 |
|---|---|---|---|---|
| 3,461 | 3,461 | |||
| 3,461 | 3,461 | |||
| 8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.10.21 |
31.10.20 | ||
| PAYE taxes | 662 | 416 | ||
| Accruals | 6,300 | 9,432 | ||
| Wages and Salaries | 5,871 | 3,181 | ||
| 12,833 | 13,029 | |||
| 9. | PROVISIONS FOR LIABILITIES | 31.10.21 | 31.10.20 | |
| Provisions | 5,000 | 5,000 | ||
| 10, | MOVEMENT IN FUNDS | Net | ||
| At | movement | At | ||
| 1.11.20 | in funds | 31.10.21 | ||
| Unrestricted funds |
||||
| General fund | 15258,508 | (2,205) | 1,256,303 | |
| Restricted funds | ||||
| Restricted Donations | 1,047 | 495 | 1,542 | |
| TOTAL FUNDS | 1,259,555~1,710 | 1,257,845 |
| Net movement | in funds, include | d in the above a | re as follows: | ||
|---|---|---|---|---|---|
| Incoming | Resources | Movement | |||
| resources | expended | in funds | |||
| X | |||||
| Unrestricted | funds | ||||
| General fund | 182,834 | (185,039) | (2,205) | ||
| Restricted funds | |||||
| Restricted Donations | 20,076 | (19,581) | 495 | ||
| TOTAL FUNDS | 202,910 | ~204,620) | ~1,710 | ||
| Comparatives | for movement | in funds | |||
| Net | |||||
| At | movement | At | |||
| 1.11.19 | in funds | 31.10.20 | |||
| Unrestricted | funds | ||||
| General fund | 1,280,868 | (22,360) | 1,258,508 | ||
| Restricted funds | |||||
| Restricted Donations | 1,047 | 1,047 | |||
| TOTAL FUNDS | 1,281,915 | ~22,360) | 1,259,555 |
| Comparative net movement in funds, i |
ncluded in the above are as f |
ollows: | |
|---|---|---|---|
| Incoming | Resources | Movement | |
| resources | expended | in funds | |
| X | f. | ||
| Unrestricted funds |
|||
| General fund | 198„047 | (220,407) | (22,360) |
| Restricted funds | |||
| Restricted Donations | 8,674 | (8,674) | |
| TOTAL FUNDS | 206,721 | ~229,081 | ~22,360 |
| A current year 12months and prior ye |
ar 12months combined pos | ition is as follo | ws: |
|---|---|---|---|
| Net | |||
| At | movement | At | |
| 1.11.19 | in funds | 31.10.21 | |
| Unrestricted funds |
|||
| General fund | 1280,868 | (24,565) | 1,256,303 |
| Restricted funds | |||
| Restricted Donations | 1,047 | 495 | 1,542 |
| TOTAL FUNDS | 1,281,915 | ~24,070) | 1,257,845 |
| included in the above are as foll | ows: | ||
|---|---|---|---|
| incoming | Resources | Movement | |
| resources | expended | in funds | |
| Unrestricted ftmds |
|||
| General fund | 380,881 | (405,446) | (24,565) |
| Restricted funds | |||
| Restricted Donations | 28,750 | (28,255) | 495 |
| TOTAL FUNDS | 409,631 | ~433,701) | ~24,070) |
| The Wokin Mos ue Trust Limited |
||
|---|---|---|
| Detailed Statement ofFinancial Activities | ||
| for the Year Ended 31October 2021 | 31.10.21 | 31.10.20 |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies Donations Legacies |
178,264 | 164,043 5,000 |
| 178364 | 169,043 | |
| Rental Income Rents Received |
12,400 | 18,273 |
| Other Income Covid Grants |
12,246 | 19,405 |
| Total incoming resources | 202,910 | 206,721 |
| EXPENDITURE | ||
| Charitable activities Wages Social security Education and Volunteer Charitable Donations and Grants |
61,515 706 44,539 19,581 |
69,545 3,923 76,560 8,674 |
| 126,341 | 158,702 | |
| Support costs | ||
| Management Rates and water Insurance Light and heat Telephone Sundries |
9,312 4,713 17,214 2,113 9,512 |
3,970 22,632 2,012 8,629 |
| 42,864 | 37,243 |
| Detailed Statement ofFinan or the Year Ended 31 Octo |
cial Activities ber 2021 |
||
|---|---|---|---|
| 31.10.21 | 31.10.20 | ||
| Management | |||
| Bank charges Repairs and Cleaning |
40 23,893 |
92 24,483 |
|
| Sofhvare and Subscriptions | 2,375 | ||
| 69,172 | 61,818 | ||
| Governance costs |
|||
| Accountancy Fee Legal and Professional Fixtures and fittings |
fees | 3,130 3,745 2,232 |
3,500 1,763 3,298 |
| 9,107 | 8,561 | ||
| Total resources expended | 204,620 | 229,081 | |
| Net expenditure | ~1,710 | ~22.360) |