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2021-03-31-accounts
Principal address
280 Sinfin Avenue
Shelton Lock
DERBY
Derbyshire
DE24 9QX |
|
| Trustees |
|
| Harvey Jennings |
Chairman |
| John Jennings |
Vice Chairman |
| Jonathan Smale |
Treasurer |
| Norma Bracewell |
|
| Micky Doyle |
|
| Alan Grimadell |
|
| Glynn Kearney |
|
| Mel Martin |
|
| Ross McCristal |
|
| Sarah Smith |
|
| Andrew Wall |
|
|
|
|
|
2021 |
2020 |
|
|
Unrestricted |
Restricted |
Total |
Total |
|
|
funds |
funds |
funds |
funds |
|
Notes |
£ |
£ |
£ |
£ |
| INCOME AND ENDOWMENTS FROM |
|
|
|
|
|
| Donations and legacies |
3 |
5524 |
126,600 |
132,124 |
180024 |
| Charitable activities |
6 |
|
|
|
|
| Housing services |
|
211,758 |
- |
211,758 |
222,651 |
| Other trading activities |
4 |
- |
- |
- |
1081 |
| Investment income |
5 |
114 |
- |
114 |
1,801 |
| Total |
|
217,396 |
126,600 |
343,996 |
405,557 |
| EXPENDITURE ON |
|
|
|
|
|
| Raising funds |
7 |
1,278 |
- |
1,278 |
507 |
| Charitable activities |
8 |
|
|
|
|
| Housing services |
|
236,941 |
- |
236,941 |
317,462 |
| Total |
|
238219 |
- |
238,219 |
317,969 |
| NET INCOMEI(EXPENDITURE) |
|
(20,823) |
126,600 |
105,777 |
87,588 |
| RECONCILIATION OF FUNDS |
|
|
|
|
|
| Total funds brought forward |
|
5,003,645 |
177,289 |
5,180,934 |
5,093346 |
| TOTAL FUNDS CARRIED FORWARD |
|
4,982,822 |
303,889 |
5,286,711 |
5,180934 |
|
|
|
|
2021 |
2020 |
|
|
Unrestricted |
Restricted |
Total |
Total |
|
|
funds |
funds |
funds |
funds |
|
Notes |
£ |
£ |
£ |
£ |
| FIXED ASSETS |
|
|
|
|
|
| Intangible assets |
14 |
6,300 |
- |
6,300 |
8,400 |
| Tangible assets |
15 |
5,506,712 |
227,496 |
5,734,208 |
5,127,340 |
|
|
5,513,012 |
227,496 |
5,740,508 |
5,135,740 |
| CURRENT ASSETS |
|
|
|
|
|
| Debtors |
16 |
12,080 |
72,504 |
84,584 |
17,546 |
| Cash at bank |
|
374,875 |
3,889 |
378,764 |
277,430 |
|
|
386,955 |
76,393 |
463,348 |
294,976 |
| CREDITORS |
|
|
|
|
|
| Amounts falling due within one year |
17 |
(538,921) |
|
(538,921) |
(24,403) |
| NET CURRENT ASSETS |
|
(151,966) |
76,393 |
(75,573) |
270,573 |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
|
5,361,046 |
303,889 |
5,664,935 |
5,406,313 |
| CREDITORS |
|
|
|
|
|
| Amounts falling due after more than one year |
18 |
(378,224) |
|
(378,224) |
(225,379) |
| NET ASSETS |
|
4,982,822 |
303,889 |
5,286,711 |
5,180,934 |
| FUNDS |
21 |
|
|
|
|
| Unrestricted funds |
|
|
|
4,982,822 |
5,003,645 |
| Restricted funds |
|
|
|
303,889 |
177,289 |
| TOTAL FUNDS |
|
|
|
5,286,711 |
5,180,934 |
|
Years |
| Structure |
100 |
| Roof |
50 |
| Windows and doors |
30 |
| Kitchens and bathrooms |
25 |
| Mechanical services |
20 |
| Heating and plumbing |
25 |
| Fit out costs |
25 |
| In addition, depreciation is provided |
at an annual rate on the |
| Improvements to property |
4% straight line |
| Fixtures and fittings |
20% straight line |
| Computer equipment |
25% straight line |
| DONATIONS AND LEGACIES |
|
|
|
2021 |
2020 |
|
£ |
£ |
| Donations |
5,523 |
6,624 |
| Grants |
126,601 |
173,400 |
|
132,124 |
180,024 |
| 2021 |
2020 |
| £ |
£ |
| 126,601 |
173,400 |
| OTHER TR |
ADING ACTIVITIES |
|
|
|
|
|
2021 |
|
2020 |
|
|
£ |
|
£ |
| Fundraising |
events |
|
- |
770 |
| Raffle |
|
|
|
311 |
|
|
|
|
1,081 |
| INVESTMENT INCOME |
|
|
|
|
|
|
|
|
2021 |
|
2020 |
|
|
|
£ |
|
£ |
| Deposit account interest |
|
|
|
114 |
1,801 |
| INCOME FROM CHARITABLE ACTIVITIES |
|
|
|
|
|
|
|
|
2021 |
|
2020 |
|
Activity |
|
£ |
|
£ |
| Rental income |
Housing services |
|
211,758 |
|
222,651 |
| RAISING FUNDS |
|
|
|
|
|
| Other trading activities |
|
|
|
|
|
|
|
|
2021 |
|
2020 |
|
|
|
£ |
|
£ |
| Licensing |
|
|
|
20 |
20 |
| Printing costs |
|
|
|
- |
271 |
| Just Giving charges |
|
|
|
216 |
216 |
| Memory sticks |
|
|
|
699 |
- |
| Social media costs |
|
|
|
343 |
|
|
|
|
1,278 |
|
507 |
| CHARITABLE ACTIVITIES COSTS |
|
|
|
|
|
|
|
Direct |
Support |
|
|
|
|
Costs (see |
costs |
(see |
|
|
|
note 9) |
note |
10) |
Totals |
|
|
£ |
£ |
|
£ |
| Housing services |
|
233,341 |
3,600 |
|
236,941 |
| DIRECT COSTS OF CHARITABLE ACTIVITIES |
|
|
|
2021 |
2020 |
|
£ |
£ |
| Rates and water |
561 |
160 |
| Service costs |
82,272 |
157103 |
| Grounds maintenance |
16,596 |
10144 |
| Managementfee |
38,607 |
37694 |
| Rents |
6,000 |
6,000 |
| Insurance |
6,488 |
7,579 |
| Data processing |
60 |
820 |
| Printing, postage & stationery |
122 |
818 |
| General costs |
30 |
1,034 |
| Appeals and donations |
2,194 |
1,100 |
| 70th celebrations |
- |
20,829 |
| Bad debts |
3,440 |
116 |
| Internet hosting |
450 |
|
| Depreciation |
59,424 |
58,101 |
| Loss on sale ofassets |
257 |
- |
| Interest payable and similarcharges |
16,840 |
11,571 |
|
233,341 |
313,069 |
| Governance costs |
|
|
|
2021 |
2020 |
|
Housing |
Total |
|
services |
activities |
|
£ |
£ |
| Trustees’ expenses |
|
397 |
| Auditors’ remuneration |
3,200 |
3,120 |
| Accountancy and legal fees |
400 |
876 |
|
3,600 |
4,393 |
| Net income/(expenditure) is stated aftercharging/(crediting): |
|
|
|
2021 |
2020 |
|
£ |
£ |
| Auditors’ remuneration |
3,200 |
3,120 |
Depreciation
- owned assets |
57,324 |
56,002 |
| Deficit on disposal of fixed assets |
257 |
- |
| Computer software amortisation |
2,100 |
2,100 |
|
|
|
|
|
| Trustee |
Annual |
rental |
Annual |
rental |
|
|
2021 |
|
2020 |
|
£ |
|
£ |
|
| M Doyle |
|
4,987 |
|
4,694 |
| A 1-libbert (to 30.04.19) |
|
|
|
369 |
| M Martin |
|
5,150 |
|
5057 |
| Total |
10,137 |
|
10320 |
|
| Trustees’ expenses |
|
|
|
|
|
2021 |
|
2020 |
|
|
|
£ |
|
£ |
| Trustees’ expenses |
|
- |
|
397 |
|
Unrestricted |
Restricted |
Total |
|
funds |
funds |
funds |
|
£ |
£ |
£ |
| INCOME AND ENDOWMENTS FROM |
|
|
|
| Donations and legacies |
6,624 |
173,400 |
180,024 |
| Charitable activities |
|
|
|
| Housing services |
222,651 |
- |
222,651 |
| Other trading activities |
1081 |
- |
1,081 |
| Investment income |
1,801 |
- |
1,801 |
| Total |
232,157 |
173,400 |
405,557 |
| EXPENDITURE ON |
|
|
|
| Raising funds |
507 |
- |
507 |
| Charitable activities |
|
|
|
| Housing services |
317,462 |
- |
317,462 |
| Total |
317,969 |
- |
317,969 |
| NET INCOMEI(EXPENDITURE) |
(85,812) |
173,400 |
87,588 |
| RECONCILIATION OF FUNDS |
|
|
|
| Total funds brought forward |
5,089,457 |
3,889 |
5,093,346 |
| TOTAL FUNDS CARRIED FORWARD |
5,003,645 |
177,289 |
5,180,934 |
| INTANGIBLE FIXED ASSETS |
|
|
Computer |
|
software |
|
£ |
| COST |
|
| At 1 April 2020 and 31 March 2021 |
10,500 |
| AMORTISATION |
|
| At 1 April 2020 |
2,100 |
| Charge foryear |
2,100 |
| At 31 March 2021 |
4,200 |
| NET BOOK VALUE |
|
| At 31 March 2021 |
6,300 |
| At 31 March 2020 |
8,400 |
|
|
Improvements |
Fixtures |
|
|
|
Freehold |
to |
and |
Computer |
|
|
property |
property |
fittings |
equipment |
Totals |
|
£ |
£ |
£ |
£ |
£ |
| COST |
|
|
|
|
|
| At 1 April 2020 |
5,369,428 |
42,470 |
16,883 |
2,815 |
5,431,596 |
| Additions |
662,157 |
- |
1,730 |
562 |
664,449 |
| Disposals |
- |
- |
- |
(399) |
(399) |
| At 31 March 2021 |
6,031,585 |
42,470 |
18,613 |
2,978 |
6,095,646 |
| DEPRECIATION |
|
|
|
|
|
| At 1 April 2020 |
298,909 |
1,699 |
2,801 |
847 |
304,256 |
| Charge for year |
51,279 |
1,699 |
3,664 |
682 |
57,324 |
| Eliminated on disposal |
|
|
|
(142) |
(142) |
| At 31 March 2021 |
350,188 |
3,398 |
6,465 |
1,387 |
361,438 |
| NET BOOK VALUE |
|
|
|
|
|
| At 31 March 2021 |
5,681,397 |
39,072 |
12,148 |
1,591 |
5,734,208 |
| At31 March2020 |
5,070,519 |
40,771 |
14,082 |
1,968 |
5.127,340 |
| 16. |
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
|
|
|
|
2021 |
2020 |
|
|
£ |
£ |
|
Otherdebtors |
84,584 |
17,546 |
| 17. |
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
|
|
|
|
2021 |
2020 |
|
|
£ |
£ |
|
Bank loans and overdrafts (see note 19) |
16,153 |
6,000 |
|
Other creditors |
502,407 |
6,563 |
|
Accruals and deferred income |
20,361 |
11,840 |
|
|
538,921 |
24,403 |
| CREDITOR |
S: AMOUNTS FALLING DUE AFTER MORE THAN ON |
E YEAR |
|
|
|
2021 |
2020 |
|
|
£ |
£ |
| Bank loans |
(see note 19) |
378,224 |
225,379 |
| LOANS |
|
|
|
| An analysis |
of the maturity of loans is given below: |
|
|
|
|
2024 |
2020 |
|
|
£ |
£ |
| Amounts falling due within one year on demand: |
|
|
|
| Bank loans |
|
16,153 |
6,000 |
| Amounts falling due between two and five years: |
|
|
|
| Bank loans |
- 2-5 years |
69,414 |
48,081 |
| Amounts falling due in more than five years: |
|
|
|
| Repayable by instalments: |
|
|
|
| Bank loans |
moreS yr by instal |
308,810 |
177,298 |
|
|
|
|
2021 |
2020 |
|
|
|
|
£ |
£ |
|
Bank loans |
|
|
394,377 |
231,379 |
| 21. |
MOVEMENT IN FUNDS |
|
|
|
|
|
|
|
Net |
Transfers |
|
|
|
|
movement |
between |
At |
|
|
At 1/4/20 |
in funds |
funds |
31/3/21 |
|
|
£ |
£ |
£ |
£ |
|
Unrestricted funds |
|
|
|
|
|
General fund |
1,252,390 |
(20,823) |
10,202 |
1,241,769 |
|
Revaluation fund |
3,751,255 |
- |
(10,202) |
3,741,053 |
|
|
5,003,545 |
(20,823) |
- |
4,982,822 |
|
Restricted funds |
|
|
|
|
|
Welfare fund |
3,889 |
- |
- |
3,889 |
|
Property redevelopment |
173,400 |
126,600 |
|
300,000 |
|
|
177,289 |
126,600 |
|
303,889 |
|
TOTAL FUNDS |
5,180,934 |
105,777 |
- |
5,286,711 |
|
Net movement in funds, included in the above are as follows: |
|
|
|
|
|
|
|
Incoming |
Resources |
Movement |
|
|
|
resources |
expended |
in funds |
|
|
|
£ |
£ |
£ |
|
Unrestricted funds |
|
|
|
|
|
General fund |
|
217,396 |
(238,219) |
(20823) |
|
Restricted funds |
|
|
|
|
|
Property redevelopment |
|
126600 |
- |
126,600 |
|
TOTAL FUNDS |
|
343,996 |
(238,219) |
105,777 |
|
Comparatives for movement in funds |
|
|
|
|
|
|
|
Net |
Transfers |
|
|
|
|
movement |
between |
At |
|
|
At 1/4/19 |
in funds |
funds |
31/3/20 |
|
|
£ |
£ |
£ |
£ |
|
Unrestricted funds |
|
|
|
|
|
General fund |
1,328,000 |
(85,812) |
10,202 |
1,252,390 |
|
Revaluation fund |
3,761,457 |
- |
(10,202) |
3,751,255 |
|
|
5,089,457 |
(85,812) |
- |
5,003,645 |
|
Restricted funds |
|
|
|
|
|
Welfare fund |
3,889 |
|
- |
3,889 |
|
Property redevelopment |
|
173,400 |
|
173,400 |
|
|
3,889 |
173,400 |
|
177,289 |
|
TOTAL FUNDS |
5,093,346 |
87,588 |
- |
5,180,934 |
| Comparative net movement in funds, included |
in the above are as follows: |
|
|
|
Incoming |
Resources |
Movement |
|
resources |
expended |
in funds |
|
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
| General fund |
232157 |
(317,969) |
(85812) |
| Restricted funds |
|
|
|
| Property redevelopment |
173,400 |
- |
173,400 |
| TOTAL FUNDS |
405,557 |
(317,969) |
87,588 |
| A current year 12 months and priory |
ear 12 months combined po |
sition is as follow |
s: |
|
|
|
Net |
Transfers |
|
|
|
movement |
between |
At |
|
At 1/4/19 |
in funds |
funds |
31/3/21 |
|
£ |
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
|
| General fund |
1,328,000 |
(106,635) |
20404 |
1,241,769 |
| Revaluation fund |
3,761,457 |
- |
(20,404) |
3,741,053 |
|
5,089,457 |
(106,635) |
- |
4,982,822 |
| Restricted funds |
|
|
|
|
| Welfare fund |
3,889 |
- |
- |
3,889 |
| Property redevelopment |
- |
300,000 |
|
300,000 |
|
3,889 |
300,000 |
|
303,889 |
| TOTAL FUNDS |
5,093,346 |
193,365 |
- |
5,286,711 |
| as follows: |
|
|
|
|
Incoming |
Resources |
Movement |
|
resources |
expended |
in funds |
|
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
| General fund |
449,553 |
(556,188) |
(106,635) |
| Restricted funds |
|
|
|
| Property redevelopment |
300,000 |
- |
300,000 |
| TOTAL FUNDS |
749,553 |
(556,188) |
193,365 |