Charity Registration No. 00248898
LADY WATERFORD HALL TRUST
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
LADY WATERFORD HALL TRUST
LEGAL AND ADMINISTRATIVE INFORMATION
| Trustees | Lady Joicey |
|---|---|
| C Carr-Ellison | |
| J Andrews | |
| Charity number | 00248898 |
| Principal address | Ford & Etal Estate Office |
| Ford | |
| Berwick-upon-Tweed | |
| TD15 2QA | |
| Independent examiner | Alan Patterson FCA |
| Greaves West & Ayre | |
| 17 Walkergate | |
| Berwick-upon-Tweed | |
| Northumberland | |
| TD15 1DJ | |
| Bankers | Barclays Bank PLC |
| Custom House | |
| Waterfront East | |
| West Midlands | |
| DY5 1XH |
LADY WATERFORD HALL TRUST
CONTENTS
| Page | |
|---|---|
| Trustees' report | 1 - 2 |
| Independent examiner's report | 3 |
| Statement of financial activities | 4 |
| Balance sheet | 5 |
| Notes to the financial statements | 6 - 14 |
LADY WATERFORD HALL TRUST
TRUSTEES' REPORT
FOR THE YEAR ENDED 31 DECEMBER 2021
The trustees present their annual report and financial statements for the year ended 31 December 2021.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's Trust Deed , the Charities Act 2011 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) " (effective 1 January 2019 ).
Objectives and activities
The charity was established to maintain and upkeep Ford Village Parish Hall for the benefit of the residents of Ford Parish. The management and running of the property is overseen by a committee appointed by the trustees.
Public benefit
In considering the operation, achievement and performance and finances of the charity, the trustees are satisfied that public benefit has been provided in accordance with the Charities Act 2011 and guidance provided by the Charity Commission.
Achievements and performance
In 2021, the Lady Waterford Hall was fully opened to the public, and trialled a new admissions policy based upon donations rather than admission fees. In consequence, there was a substantial increase in visitor numbers compared to pre-COVID years. Overall revenue was maintained through an increase in retail sales, and consequentially profit. The curatorial team at the Lady Waterford Hall have been in contact with the representatives of the estate of a collector of Louisa Waterford paintings, with the result that in September 2021, the Hall was bequeathed a collection of watercolours by Lady Waterford, known as the Stickley Hamilton collection. An event was held to mark the opening of an exhibition of the new collection, which was on display at the Hall. The Hall was also fully re-decorated internally prior to opening, and maintenance works were carried out to stabilise external masonry.
Financial review
The charity holds sufficient reserves in the unrestricted general funds to cover the current levels of operation for several years.
The trustees have reviewed the reserves, in relation to the expected future income and expenditure streams and consider them to be in a strong position, which will allow them to continue to pursue its aim and objectives for the foreseeable future. These aims are to maintain and upkeep Ford Village Parish Hall for the benefit of the residents of Ford Parish.
Income is applied mainly for direct charitable expenditure. Expenditure can vary from year on year depending on the needs of the Hall. Reserves are held in order to cover any possible repairs or refurbishments which are likely to be unpredictable and costly.
The bank deposits are held to generate income, but are expendable at the trustees' discretion.
It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.
Risk review
The trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.
- 1 -
LADY WATERFORD HALL TRUST
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021
Structure, governance and management
Constitution
The charity was established by a charitable T rust D eed on 3 September 1957 to maintain and upkeep Ford Village Parish Hall for the benefit of the residents of Ford Parish.
The trustees who served during the year and up to the date of signature of the financial statements were: Lady Joicey R H Dickinson (Retired 31 December 2021) C Carr-Ellison J Andrews
Legal and administrative details
Details of the legal and administrative information including the details of trustees and the charity's main agents and advisers are given under Trust Information. Trustees are appointed by deed of appointment. Any decisions made within the charity are made by the trustees. Trustees are required to declare their eligibility to fulfil the legal responsibilities of the role, with induction training and appropriate documentation offered to new trustees.
Statement of trustees' responsibilities
The trustees are responsible for preparing the Trustees' Report and the accounts in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the trustees to prepare accounts for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that year.
In preparing these accounts, the trustees are required to:
-
select suitable accounting policies and then apply them consistently;
-
observe the methods and principles in the Charities SORP;
-
make judgements and estimates that are reasonable and prudent;
-
state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the accounts; and
-
prepare the accounts on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the accounts comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the T rust D eed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees' r eport was approved by the Board of Trustees.
Lady Joicey
Trustee Dated: 20 June 2022
- 2 -
LADY WATERFORD HALL TRUST
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF LADY WATERFORD HALL TRUST
I report to the trustees on my examination of the financial statements of Lady Waterford Hall Trust (the charity) for the year ended 31 December 2021.
Responsibilities and basis of report
As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (the 2011 Act).
I report in respect of my examination of the charity’s accounts carried out under section 145 of the 2011 Act . In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
1 accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act; or
-
2 the financial statements do not accord with those records; or
-
3 the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no other concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
Alan Patterson FCA
Greaves West & Ayre 17 Walkergate Berwick-upon-Tweed Northumberland TD15 1DJ
Dated: 20 June 2022
- 3 -
LADY WATERFORD HALL TRUST
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2021
| Unrestricted Restricted funds funds 2021 2021 Notes £ £ Income and endowments from: Donations and legacies 3 20,260 1,817 Incom e from charitable activities 4 2,145 - Other trading activities 5 22,456 - Investments 6 2 - Other income 7 290 - Total income 45,153 1,817 Expenditure on: Raising funds 8 13,466 - Charitable activities 9 27,291 430 Total resources expended 40,757 430 Net movement in funds 4,396 1,387 Fund balances at 1 January 2021 77,848 4,538 Fund balances at 31 December 2021 82,244 5,925 |
Total Unrestricted Restricted funds funds funds 2021 2020 2020 £ £ £ 22,077 28,123 905 2,145 5,203 - 22,456 3,032 - 2 2 - 290 - - 46,970 36,360 905 13,466 2,035 - 27,721 26,020 274 41,187 28,055 274 5,783 8,305 631 82,386 69,543 3,907 88,169 77,848 4,538 |
Total funds 2020 £ 29,028 5,203 3,032 2 - 37,265 2,035 26,294 28,329 8,936 73,450 82,386 |
|---|---|---|
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
- 4 -
LADY WATERFORD HALL TRUST
BALANCE SHEET
AS AT 31 DECEMBER 2021
| 2021 Notes £ Fixed assets Tangible assets 12 Current assets Stocks 13 6,613 Debtors 14 2,635 Cash at bank and in hand 8,109 17,357 Creditors: amounts falling due within one year 15 (20,000) Net current liabilities Total assets less current liabilities Income funds Restricted funds 17 Unrestricted funds - general |
2020 £ £ £ 90,812 92,457 4,047 46 6,380 10,473 (20,544) (2,643) (10,071) 88,169 82,386 5,925 4,538 82,244 77,848 88,169 82,386 |
|---|---|
The financial statements were approved by the Trustees on 20 June 2022
Lady Joicey Trustee
- 5 -
LADY WATERFORD HALL TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021
1 Accounting policies
Charity information
Lady Waterford Hall Trust is a charitable trust registered with the Charity Commission (Registered Charity Number 00248898) and governed by its Trust Deed, dated 3 September 1957.
1.1 Accounting convention
The financial statements have been prepared in accordance with the charity's Trust Deed, the Charities Act 2011, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows.
The financial statements are prepared in sterling , which is the functional currency of the charity . Monetary a mounts in these financial statements are rounded to the nearest £.
The accounts have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2 Going concern
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
The unrestricted general funds represent the free funds of the charity, to be used at the trustees' discretion in furtherance of the objects of the charity.
The restoration funds are restricted funds which were raised by an appeal. They can only be applied for the purposes of restoration, as set out in the terms of the appeal.
1.4 Incoming resources
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Donations and legacies are recognised when they are received.
Grants receivable are recognised in the Statement of Financial Activities in full in the year which they become receivable, that is when the conditions for receipt have been met.
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods and services provided in the normal course of business, net of discounts .
- 6 -
LADY WATERFORD HALL TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021
1 Accounting policies
(Continued)
1.5 Resources expended
All expenditure is accounted for on an accrual basis. Resources expended are allocated to the activity to which they relate.
1.6 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Tangible fixed assets are stated at cost less depreciation. It is the charity's policy to capitalise items costing more than £200. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Property improvements 2% Straight Line Photographic copyright 10% Straight Line Fixtures & fittings 10% and 20% Straight Line
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities .
1.7 Impairment of fixed assets
At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any ) .
1.8 Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell . Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. Items held for distribution at no or nominal consideration are measured the lower of replacement cost and cost.
Net realisable value is the estimated selling price less all estimated costs of completion and costs to be incurred in marketing, selling and distribution.
1.9 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
1.10 Financial instruments
The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity 's balance sheet when the charity becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
- 7 -
LADY WATERFORD HALL TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021
1 Accounting policies
(Continued)
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future p aymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
Derecognition of financial liabilities
Financial liabilities are derecognised when the charity ’s contractual obligations expire or are discharged or cancelled.
2 Critical accounting estimates and judgements
In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
3 Donations and legacies
| Unrestricted Restricted funds funds general £ £ Donations and gifts 11,326 1,817 COVID-19 support grants 8,934 - 20,260 1,817 For the year ended 31 December 2020 28,123 905 |
Total 2021 £ 13,143 8,934 22,077 |
Total 2020 £ 1,835 27,193 29,028 29,028 |
|---|---|---|
- 8 -
LADY WATERFORD HALL TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021
4 Chartitable Activities
| Admissions Charitable Income 2021 2021 £ £ Admissions 781 - Exhibition income - 590 Events income - 774 781 1,364 |
Total 2021 £ 781 590 774 2,145 |
Total 2020 £ 5,203 - - 5,203 |
|---|---|---|
5 Other trading activities
| Unrestricted | Unrestricted | |
|---|---|---|
| funds | funds |
|
| general | general |
|
| 2021 | 2020 |
|
| £ | £ |
|
| Raffle | 1,618 | - |
| Shop income | 20,529 | 2,865 |
| Letting and licensing arrangements | 309 | 167 |
| Other trading activities | 22,456 | 3,032 |
| Investments | ||
| Unrestricted | Unrestricted | |
| funds | funds |
|
| general | general |
|
| 2021 | 2020 |
|
| £ | £ |
|
| Interest receivable | 2 | 2 |
| Other income | ||
| Unrestricted | Total |
|
| funds | ||
| general | ||
| 2021 | 2020 |
|
| £ | £ |
|
| Other income | 290 | - |
6 Investments
7 Other income
- 9 -
LADY WATERFORD HALL TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021
8 Raising funds
| Raising funds | ||
|---|---|---|
| Unrestricted | Unrestricted | |
| funds | funds |
|
| general | general |
|
| 2021 | 2020 |
|
| £ | £ |
|
| Raising funds | ||
| Staging fundraising events | 10,829 | 2,035 |
| Exhibition costs | 868 | - |
| Advertising | 1,687 | - |
| Raffle expenditure | 82 | - |
| Raising funds | 13,466 | 2,035 |
| 13,466 | 2,035 |
|
| Charitable activities | ||
| Charitable | Charitable |
|
| activities | activities |
|
| 2021 | 2020 |
|
| £ | £ |
|
| Staff costs | 14,484 | 15,028 |
| Depreciation and impairment | 4,661 | 4,417 |
| Heating oil | 1,398 | 1,664 |
| Electricity | 292 | 399 |
| Rent, rates and insurance | 1,995 | 1,734 |
| Repairs and cleaning | 3,351 | 2,120 |
| Postage, stationery, advertising and telephone | 632 | 291 |
| General administration expenses | 578 | 526 |
| Bank charges | 330 | 115 |
| 27,721 | 26,294 |
|
| 27,721 | 26,294 |
|
| Analysis by fund | ||
| Unrestricted funds - general | 27,291 | 26,020 |
| Restricted funds | 430 | 274 |
| 27,721 | 26,294 |
|
| For the year ended 31 December 2020 | ||
| Unrestricted funds - general | 26,020 | |
| Restricted funds | 274 | |
| 26,294 |
9 Charitable activities
- 10 -
LADY WATERFORD HALL TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021
10 Trustees
No remuneration was paid to any trustee or to any other person connected with them, and no expenses were reimbursed to them (2020: None).
11 Employees
The average monthly number of employees during the year was:
| Employment costs Wages and salaries |
2021 Number 4 2021 £ 14,484 |
2020 Number 4 2020 £ 15,028 |
|---|---|---|
No employees were paid over £60,000 (2020: None).
There were no employees whose annual remuneration was more than £60,000.
12 Tangible fixed assets
| Property improvements Photographic copyright Fixtures & fittings £ £ £ Cost At 1 January 2021 100,329 750 12,269 Additions - - 3,016 At 31 December 2021 100,329 750 15,285 Depreciation and impairment At 1 January 2021 9,511 750 10,630 Depreciation charged in the year 4,013 - 648 At 31 December 2021 13,524 750 11,278 Carrying amount At 31 December 2021 86,805 - 4,007 At 31 December 2020 90,819 - 1,638 |
Total £ 113,348 3,016 116,364 20,891 4,661 25,552 90,812 92,457 |
|---|---|
- 11 -
LADY WATERFORD HALL TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021
| 13 Stocks Raw materials and consumables Finished goods and goods for resale 14 Debtors Amounts falling due within one year: Trade debtors Prepayments and accrued income 15 Creditors: amounts falling due within one year Notes Other loans 16 Trade creditors 16 Loans and overdrafts Other loans Payable within one year |
2021 £ 675 5,938 6,613 2021 £ 760 1,875 2,635 2021 £ 20,000 - 20,000 2021 £ 20,000 20,000 |
2020 £ 232 3,815 4,047 2020 £ 46 - 46 2020 £ 20,000 544 20,544 2020 £ 20,000 20,000 |
|---|---|---|
During 2018, a loan of £20,000 was received from the Lord Joicey Estate. The loan is interest free and repayable on demand when funds allow.
- 12 -
LADY WATERFORD HALL TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021
17 Restricted funds
The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes:
| Movement in funds | Movement in funds | Movement in funds | Movement in funds | |||||
|---|---|---|---|---|---|---|---|---|
| Balance at | Incoming | Resources | Balance at | Incoming | Resources | Balance at | ||
| 1 January 2020 | resources | expended | 1 |
January 2021 | resources | expended | 31 December | |
| 2021 | ||||||||
| £ | £ | £ | £ | £ | £ | £ | ||
| Restoration fund | 3,398 | - | - | 3,398 | - | - | 3,398 | |
| Newcastle City Council Grant - Shop display | 509 | - | (200) | 309 |
- | (200) | 109 |
|
| Northumberland County Council - Shelving unit | - | 905 | (74) | 831 |
- | (90) | 741 |
|
| Newcastle City Council Grant - AV equipment | - | - | - | - | 1,817 | (140) | 1,677 |
|
| 3,907 | 905 | (274) | 4,538 |
1,817 | (430) | 5,925 |
Restoration funds are restricted funds which were raised by an appeal. They can only be applied for the purposes of restoration, as set out in the terms of the appeal.
- 13 -
LADY WATERFORD HALL TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021
18 Analysis of net assets between funds
| Unrestricted fund Restricted fund 2021 2021 £ £ Fund balances at 31 December 2021 are represented by: Tangible assets 84,887 5,925 Current assets/(liabilities) (2,643) - 82,244 5,925 |
Total Total 2021 2020 £ £ 90,812 92,457 (2,643) (10,071) 88,169 82,386 |
|---|---|
19 Related party transactions
There were no disclosable related party transactions during the year (2020 : N one) other than that of the loan balance referred to in Note 16.
- 14 -
LADY WATERFORD HALL TRUST
DETAILED INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2021
| Incoming resources from generated funds Donations and legacies Donations COVID-19 support grants Newcastle City Council grant Grant - Restricted fund Activities for generating funds Raffle Sales of postcards, books and brochures Lettings Investment income Deposit interest Incoming resources from charitable activities Admissions Exhibition Income Events Income Other incoming resources Other income - Storm Arwen compensation Total incoming resources Resources expended Costs of generating funds Costs of generating donations and legacies Costs of postcards, books and brochures Exhibition Costs Events Costs Raffle expenses Balance Carried Forward |
2021 £ £ 11,326 8,934 1,817 - 22,077 1,618 20,529 309 22,456 2 44,535 781 590 774 2,145 290 46,970 10,829 868 1,687 82 (13,466) 33,504 |
£ - 2,865 167 5,203 - - 2,035 - - - |
2020 £ 930 27,193 - 905 29,028 3,032 2 32,062 5,203 - 37,265 (2,035) 35,230 |
|---|---|---|---|
- 15 -
LADY WATERFORD HALL TRUST
DETAILED INCOME AND EXPENDITURE ACCOUNT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2021
| Balance Brought Forward Charitable activities Wages Fixtures and fittings depreciation Property improvements depreciation Heating oil Electricity Rent, rates and insurance Repairs and cleaning Postage, stationery, advertising and telephone General administration expenses Bank charges Fixtures and fittings depreciation - Restricted fund Surplus for the Year |
2021 £ £ 33,504 14,484 218 4,013 1,398 292 1,995 3,351 632 578 330 430 (27,721) 5,783 |
2020 £ £ 35,230 15,028 130 4,013 1,664 399 1,734 2,120 291 526 115 274 (26,294) 8,936 |
|---|---|---|
- 16 -