| Report ofthe Trustees | 1 to | 6 |
|---|---|---|
| Report ofthe Independent Auditors |
7 to | 10 |
| Statement ofFinancial Activities | ||
| Balance Sheet | 12 to | 13 |
| Cash Flow Statement | 14 | |
| Notes to the Cash Flow Statement | 15 | |
| Notes to the Financial Statements | 16 to | 27 |
| 2021 | 2020 | |||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||||
| funds | funds | funds | funds | |||||
| Notes | ||||||||
| INCOME | AND ENDOWMENTS | FROM | ||||||
| Donations | and legacies | 2 | 324,457 | 324,457 | 297,106 | |||
| Charitable | activities | |||||||
| Charitable | Income | 99,035 | 99,035 | 99,690 | ||||
| Other trading activities | 3 | 127,169 | 127,169 | 201,477 | ||||
| Investment | income | 4 | 388,441 | 388,441 | 258,378 | |||
| Total | 939,102 | 939,102 | 856,651 | |||||
| EXPENDITURE ON | ||||||||
| Raising funds | 6 | 3,500 | 3,500 | |||||
| Charitable | activities | |||||||
| Charitable | Expenditure | 785,445 | 785,445 | 819,816 | ||||
| Total | 788,945 | 788,945 | 819,816 | |||||
| NET INCOME | 150,157 | 150,157 | 36,835 | |||||
| RECONCILIATION | OF FUNDS | |||||||
| Total funds brought fonvard | 15,118,388 | 15,118,388 | 15,081,553 | |||||
| TOTAL FUNDS CARRIED FORWARD | 15,268,545 | 15,268,545 | 15,118,388 |
| BALANCE SHEET 31DECEMBER 2021 |
|||||
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | funds | funds | ||
| Notes | f, | ||||
| FIXEDASSETS | |||||
| Tangible assets | 12 | 15,300,779 | 15,300,779 | 15,136,766 | |
| Investments | 13 | 3,605 | 3,605 | 3,605 | |
| 15,304,384 | 15,304,384 | 15,140,371 | |||
| CURRENT ASSETS | |||||
| Debtors | 14 | 40,134 | 40,134 | 60,547 | |
| Prepayments and accrued income |
8,205 | 8,205 | |||
| Cash at bank and in hand | 36,232 | 36,232 | 56,474 | ||
| 84,571 | 84,571 | 117,021 | |||
| CREDITORS | |||||
| Amounts falling due within one year |
15 | (112,037) | (112,037) | (85,747) | |
| NET CURRENT ASSETS | 27,466 | ~27 466 | 31.274 | ||
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 15,276,918 | 15,276,918 | 15,171,645 | ||
| CREDITORS | |||||
| Amounts falling due after more than one |
|||||
| year | 16 | (8,373) | (8,373) | (53,257) | |
| NET ASSETS | ~15 268~545 | 13268,343 | 13118388 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| Notes | |||||
| Cash flows from operating | activities | ||||
| Cash generated froin operations |
I | 174,287 | 174,465 | ||
| Interest element ofhire purchase payments paid |
~I,820) | 1,820 | |||
| Net cash provided by operating activities |
172,467 | 172,645 | |||
| Cash flows from investing | activities | ||||
| Purchase oftangible fixed | assets | (177,807) | (125,720) | ||
| Interest received | I | 3 | |||
| Net cash used in'investing | activities | 177,806 | (125,717) | ||
| Cash flows from financing | activities | ||||
| Loan repayments in year |
(10,000) | ||||
| Capital repayments in year |
~I4903) | ~I4,904 | |||
| Net cash used in financing | activities | 14,903 | ~24 904) | ||
| Change in cash and cash |
equivalents | ||||
| in the reporting period |
(20,242) | 22,024 | |||
| Cash and cash equivalents | at the | ||||
| beginning ofthe reporting | period | 56,474 | 34,450 | ||
| Cash and cash equivalents | at the end | ||||
| ofthe reporting period |
~36 232 | 56,474 |
| ACTIVITIES | ||||
|---|---|---|---|---|
| 2021 | 2020 | |||
| Net income for the reporting | period (asper the Statement of | |||
| Financial Activities) | 150,157 | 36,835 | ||
| Adjustments for: |
||||
| Depreciation charges |
13,794 | 18,361 | ||
| Interest received | (1) | (3) | ||
| Interest element ofhire purchase | and finance lease rental payments | 1,820 | 1,820 | |
| Decrease in debtors | 12,208 | 74,084 | ||
| (Decrease)/increase in creditors |
(3,691) | 43,368 | ||
| Net cash provided by operations |
174,287 | 174,465 |
| At 1/1/21 | Cash flow | At 31/12/21 | |
|---|---|---|---|
| Net cash | |||
| Cash at bank and in hand | 56,474 | (20,242) | 36,232 |
| 56,474 | (20,242) | 36,232 | |
| Debt | |||
| Finance leases | (67,295) | 14,903 | (52,392) |
| (67,295) | 14,903 | (52,392) | |
| Total | (10,821) | (5,339) | (16,160) |
| DONATI | ONS AND LEGACIES | ||
|---|---|---|---|
| 2021 | 2020 | ||
| Salaries, | Pensions &Benefits | 75,305 | 53,702 |
| Donations | 52,291 | 7,258 | |
| Donation | from GT | 196,861 | 236,146 |
| 324,457 | 297,106 |
| FO | RTHE YEARENDED 31DECEMB | RTHE YEARENDED 31DECEMB | RTHE YEARENDED 31DECEMB | ER2021 | ||
|---|---|---|---|---|---|---|
| 3. | OTHER TRADING ACTIVITIES | |||||
| 2021 | 2020 | |||||
| Fees | 69,069 | 140,897 | ||||
| Other income | 2,400 | |||||
| Pensions inc lump sum | 58,100 | 58,180 | ||||
| 127,169 | 201,477 | |||||
| 4. | INVESTMENT INCOME | |||||
| 2021 | 2020 | |||||
| Rents received | 388,440 | 258,375 | ||||
| Interest received | 1 | 3 | ||||
| 388,441 | 258,378 | |||||
| 5. | INCOME FROM CHARITABLE ACTIVITIES | |||||
| 2021 | 2020 | |||||
| Activity | ||||||
| Grants | Charitable | Expenditure | 99,035 | 99,690 | ||
| Grants received, included | in | the above, | are as follows; | |||
| 2021 | 2020 | |||||
| HMRC Covid Job Retention | Scheme | 99,035 | 99,690 |
| Wages costs for the group for the year totalled f232,348(2020f313,492). | Wages costs for the group for the year totalled f232,348(2020f313,492). | Wages costs for the group for the year totalled f232,348(2020f313,492). | |
|---|---|---|---|
| COMPARATIVES FORTHK STATEMENT OFFINANCIAL ACTIVITIES | |||
| Unrestricted | Restricted | Total | |
| funds | funds | funds | |
| INCOME AND ENDOWMENTS FROM | |||
| Donations and legacies |
297,106 | 297,106 | |
| Charitable activities |
|||
| Charitable Expenditure |
99,690 | 99,690 | |
| Other trading activities | 201,477 | 201,477 | |
| Investment income |
258,378 | 258,378 | |
| Total | 856,651 | 856,651 | |
| EXPENDITURE ON | |||
| Charitable activities |
|||
| Charitable Expenditure |
819,816 | 819,816 | |
| NKT INCOME | 36,835 | 36,835 | |
| Transfers between funds |
60,000 | (60,000) | |
| Net movement in funds |
96,835 | (60,000) | 36,835 |
| RECONCILIATION OFFUNDS | |||
| Total funds brought forward | 15,021,553 | 60,000 | 15,081,553 |
| TOTAL FUNDS CARRIED | |||
| FORWARD | 15,118,388 | 15,118,388 |
| TANGIBLE FIXEDASSETS | |||
|---|---|---|---|
| Improvements | |||
| Freehold | to | Plant and | |
| property | property | machinery | |
| COST | |||
| At 1 January 2021 | 13,227,775 | 1,911,197 | 27,317 |
| Additions | 177,807 | ||
| At 31December 2021 | 13,227,775 | 2,089,004 | 27,317 |
| DEPRECIATION | |||
| At 1 January 2021 | 55,670 | 27,317 | |
| Charge for year | |||
| At 31December 2021 | 55,670 | 27,317 | |
| NET BOOKVALUE | |||
| At 31December 2021 | 13,172,105 | 2,089,004 | |
| At 31December 2020 | 13,172,105 | 1,911,197 | |
| Fixtures | |||
| and | Motor | ||
| fittings | vehicles | Totals | |
| COST | |||
| At 1 January 2021 | 2,564 | 96,186 | 15,265,039 |
| Additions | 177,807 | ||
| At 31December 2021 | 2,564 | 96,186 | 15,442,846 |
| DEPRECIATION | |||
| At 1 January 2021 | 855 | 44,431 | 128,273 |
| Charge for year | 855 | 12,939 | 13,794 |
| At 31December 2021 | 1,710 | 57,370 | 142,067 |
| NET BOOKVALUE | |||
| At 31December 2021 | 854 | 38,816 | 15,300,779 |
| At 31December 2020 | 1,709 | 51,755 | 15,136,766 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| Other | 3,605 | 3,605 | |||
| There were | no investment | assets outside the UK. | |||
| Investments | (neither listed | nor unlisted) were as follows: | |||
| 2021 | 2020 | ||||
| Coin Collection | 3,605 | 3,605 | |||
| 14. | DEBTORS:AMOUNTS | FALLING DUE WITHIN ONE YEAR | |||
| 2021 | 2020 | ||||
| Other debtors | 30,507 | 10,396 | |||
| VAT | 1,857 | 14,224 | |||
| Prepayments | and accrued | income | 74 | 31,956 | |
| P repayments | 7,696 | 3,971 | |||
| 40,134 | 60,547 |
| 15. | CREDITORS: | AMOUNTS FALLING DUE WITHIN ONE YEAR | AMOUNTS FALLING DUE WITHIN ONE YEAR | AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
|---|---|---|---|---|---|---|
| 2021 | 2020 | |||||
| Hire purchase (see note 17) | 44,019 | 14,038 | ||||
| Trade creditors | 16,779 | 2,637 | ||||
| Taxation and social security | 3,622 | (7,333) | ||||
| Other creditors | 47,617 | 76,405 | ||||
| 112,037 | 85,747 | |||||
| 16. | CREDITORS: | AMOUNTS FALLING DUE AFTER MORE THAN | ONE YEAR | |||
| 2021 | 2020 | |||||
| Hire purchase (see note 17) | 8,373 | 53,257 | ||||
| 17. | LEASING AGREEMENTS | |||||
| Minimum lease |
payments | under hire purchase | fall due as follows: | |||
| 2021 | 2020 | |||||
| Net obligations | repayable: | |||||
| Within one year | 44,019 | 14,038 | ||||
| Between one and five years | 8,373 | 53,257 | ||||
| 52,392 | 67,295 | |||||
| 18. | MOVEMENT | IN FUNDS | ||||
| Net | ||||||
| movement | At | |||||
| At 1/1/21 | in funds | 31/12/21 | ||||
| Unrestricted funds |
||||||
| General fund | 115,564 | 178,445 | 294,009 | |||
| Development fund |
1,788,041 | 1,788,041 | ||||
| Freehold Property Reserve | 13,172,105 | 13,172,105 | ||||
| StMarys Family | Centre | 42,678 | (28,288) | 14,390 | ||
| 15,118,388 | 150,157 | 15,268,545 | ||||
| TOTAL FUNDS | 15,118,388 | 150,157 | 15,268,545 |
| Incoming | Resources | Movement | |||||
|---|---|---|---|---|---|---|---|
| resources | expended | in funds | |||||
| Unrestricted | funds | ||||||
| General fund | 777,606 | (599,161) | 178,445 | ||||
| StMarys Family Centre | 161,496 | (189,784) | (28,288) | ||||
| 939,102 | (788,945) | 150,157 | |||||
| TOTAL FUNDS | 939,102 | (788,945) | 150,157 | ||||
| Comparatives | for movement | in funds | |||||
| Net | Transfers | ||||||
| movement | between | At | |||||
| At I/1/20 | in funds | funds | 31/12/20 | ||||
| Unrestricted | funds | ||||||
| General fund | (1,178) | 93,431 | 23,310 | 115,563 | |||
| Designated | 546,919 | (546,919) | |||||
| Development | fund | 1,264,432 | 523,609 | 1,788,041 | |||
| Freehold Properly Reserve | 13,172,105 | 13,172,105 | |||||
| StMarys Family Centre | 39,275 | (56,596) | 60,000 | 42,679 | |||
| 15,021,553 | 36,835 | 60,000 | 15,118,388 | ||||
| Restricted funds | |||||||
| The Terry Spaczynski | fund | 60,000 | (60,000) | ||||
| TOTAL FUNDS | 15,081,553 | 36,835 | 15,118,388 |
| Inconung | Resources | Movement | |||||
|---|---|---|---|---|---|---|---|
| resources | expended | in funds | |||||
| Unrestricted | funds | ||||||
| General fund | 657,405 | (563,974) | 93,431 | ||||
| StMarys Family Centre | 199,2'46 | (255,842) | (56,596) | ||||
| 856,651 | (819,816) | 36,835 | |||||
| TOTAL FUNDS | 8S6,6S1 | (819,816) | 36,835 | ||||
| A current year | 12months | and prior year 12months combined | position is as follows: | ||||
| Net | Transfers | ||||||
| movement | between | At | |||||
| At 1/1/20 | in funds | funds | 31/12/21 | ||||
| I, | |||||||
| Unrestricted | funds | ||||||
| General fund | (1,178) | 271,876 | 23,310 | 294,008 | |||
| Designated | 546,919 | (546,919) | |||||
| Development | fund | 1,264,432 | 523,609 | 1,788,041 | |||
| Freehold Property Reserve | 13,172,105 | 13,172,105 | |||||
| StMarys Family Centre | 39,275 | (84,884) | 60,000 | 14,391 | |||
| 15,021,553 | 186,992 | 60,000 | 15,268,545 | ||||
| Restricted funds | |||||||
| The Terry Spaczynski | fund | 60,000 | (60,000) | ||||
| TOTAL FUNDS | 15,081,553 | 186,992 | 15,268,545 |