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|||||||Page|
|---|---|---|---|---|---|---|
|Reference|and administrative||details ofthe Company,|its Trustees|and advisers|02|
|Trustees'<br>report|||||||
|Report|ofthe President|||||03-04|
|Report|ofthe Council|||||05-12|
|Independent|auditors'|report on the financial statements||||13 - 15|
|Statement|of financial|activities||||16|
|Balance sheet||||||17 - 18|
|Notes to the financial||statements||||19-31|







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||||Restricted|Unrestricted|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|funds|funds|
||||2021|2021|2021|2020|
|||Note|F||||
|Income from:|||||||
|Donations<br>and legacies||||254,403|254,403|255,192|
|Charitable<br>activities||||115,038|115,038|131,191|
|Investments||||10|10|149|
|Other income||||32,145|32,145|52,729|
|Total income||||401,596|401,596|439,261|
|Expenditure<br>on:|||||||
|Charitable<br>activities||||497,204|497,204|453,213|
|Other expenditure||||343|343|8,089|
|Total expenditure||||497,547|497,547|461,302|
|Net movement<br>in funds before other|||||||
|recognised<br>gains||||(95,951)|(95,951)|(22,041)|
|Other recognised|gains:||||||
|Gains on revaluation|offixed assets|||||3,499,999|
|Net movement<br>in funds||||(95,951)|(95,951)|3,477,958|
|Reconciliation<br>offunds:|||||||
|Total funds brought|forward||27,439|3,498,326|3,525,765|47,807|
|Net movement<br>in funds||||(95,951)|(95,951)|3,477,958|
|Total funds carried|forward||27,439|3,402,375|3,429,814|3,525,765|





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|||||||2021||2020|
|---|---|---|---|---|---|---|---|---|
|||||Note||E|||
|Fixed assets|||||||||
|Tangible assets||||14||3,510,498||3,512,567|
|||||||3,510,498||3,512,567|
|Current assets|||||||||
|Stocks|||||6,311||4,423||
|Debtors||||15|40,121||41,457||
|Cash at bank and|in hand||||44,562||97,374||
||||||90,994||143,254||
|Creditors: amounts|falling due within||one||||||
|year||||16|(92,371)||(40,761)||
|Net current liabilities||Iassets||||(1,377)||102,493|
|Total assets less|current liabilities|||||3,509,121||3,615,060|
|Creditors: amounts|falling due after||more||||||
|than one year||||. 17||(79,308)||(89,295)|
|Net assets, excluding||pension asset||||3,429,813||3,525,765|
|Total net assets||||||3,429,813||3,525,765|
|Charity funds|||||||||
|Restricted<br>funds||||18||27,439||27,439|
|Unrestricted<br>funds||||18||3,402,374||3,498,326|
|Total funds||||||3,429,813||3,525,765|









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|||||Unrestricted|Total|Total|
|---|---|---|---|---|---|---|
|||||funds|funds|funds|
|||||2021|2021|2020|
|||||E|E|E|
|Donations|||||||
|Donation|and||gifts|35,006|35,006|17,405|
|Tax recovered|||by Deeds of Covenant|21,456|21,456|20,043|
|Membership||subscriptions||194,503|194,503|216,098|
|Subtotal|detailed disclosure|||250,965|250,965|253,546|
|Donations||||681|681||
|Government||grants||2,757|2,757|1,646|
|Subtotal||||3,438|3,438|1,646|
|||||254,403|254,403|255,192|
|Total 2020||||255,192|255,192||





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|||||||Unrestricted|Total|Total|
|---|---|---|---|---|---|---|---|---|
|||||||funds|funds|funds|
|||||||2021f|2021|2020|
||Publications||and events|||115,038|115,038|131,191|
||Total 2020|||||131,191|131,191||
|5.|Investment||income||||||
|||||||Unrestricted|Total|Total|
|||||||funds|. funds|funds|
|||||||2021|2021|2020|
||Interest received|||||10|10|149|
||Total 2020|||||149|149||
|6.|Other income||||||||
||||||Restricted|Unrestricted|Total|Total|
||||||funds|funds|funds|funds|
||||||2021|2021|2021|2020|
||Corporate|sponsorship||||500|500|240|
||Rental income|||||18,902|18,902|41,574|
||Library funds|||||||4,130|
||Sale of bought|||in goods||12,743|12,743|6,786|
|||||||32,145|32,145|52,730|
||Total 2020||||4,130|48,600|52,730||





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||||Unrestricted|||
|---|---|---|---|---|---|
||||funds|Total|Total|
||||2021|2021|2020|
|||||E|E|
||Publications|and events|241,280|241,280|214,720|
||Medals and|awards|1,000|1,000|(1,000)|
||Other support costs||254,924|254,924|239,493|
||||497,204|497,204|453,213|
||Total 2020||453,213|453,213||
|8.|Other expenditure|||||



|||||Unrestricted|Total|Total|
|---|---|---|---|---|---|---|
|||||funds|funds|funds|
|||||2021|2021f|2020|
||Costs of|good sold||343|343|8,089|
||Total 2020|||8,089|8,089||
|9.|Analysis|ofexpenditure|by activities||||



|||Activities||||
|---|---|---|---|---|---|
|||undertaken|Support|Total|Total|
|||directly|costs|funds|funds|
|||2021<br>f.|2021f|2021|2020|
|Publications|and events|241,280||241,280|214,720|
|Medals and|awards|1,000||1,000|(1,000)|
|Other costs|||254,924|254,924|239,493|
|||242,280|254,924|497,204|453,213|
|Total2020||213,720|239,493|453,213||





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|||||||Total|Total|
|---|---|---|---|---|---|---|---|
||||||Other costs|funds|funds|
||||||2021|2021|2020f|
||Staff costs||||166,880|166,880|156,276|
||Depreciation||||3,518|3,518|4,262|
||Premise expenses||||51,491|51,491|40,572|
||Communications||||12,685|12,685|6,751|
||Advertising<br>and promotion||||1,823|1,823|190|
||Sundry expenses||||1,204|1,204|454|
||Bank charges||||4,365|4,365|5,475|
||Legal and professional||||62|62|10,178|
||Bad debts||||6,350|6,350|400|
||Audit fees||||2,400|2,400|2,400|
||Accountancy<br>fees||||3,790|3,790|9,510|
||BID Levy||||6,809|6,809||
||Foreign exchange||||(4,742)|(4,742)|7|
||IAF subscription|fees|||(1,711)|(1,711)|3,018|
||||||254,924|254,924|239,493|
||Total 2020||||239,493|239,493||
|10.|Auditors'<br>remuneration|||||||
|||||||2021|2020f|
||Fees payable<br>to|the Company's|auditor||for the audit ofthe Company's|||
||annual<br>accounts|||||2,400|2,400|
||Fees payable<br>to|the Company's|auditor||in respect of:|||
||All non-audit<br>services not included|||above||1,500|1,500|





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|Staff costs|||||||||
|---|---|---|---|---|---|---|---|---|
||||||||2021f|2020<br>f'|
|Wages and|salaries||||||152,495|138,117|
|Social security costs|||||||10,123|8,215|
|Contribution|to defined|contribution||pension|schemes||4,262|9,944|
||||||||166,880|156,276|
|The average|number|of persons|employed||by the Company|during the|year was as follows:||
||||||||2021|2020|
||||||||No.|No.|



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||Freehold|Fixtures and||
|---|---|---|---|
||property|fittings|Total|
|||F|E|
|Cost or valuation||||
|At 1 September 2020|3,864,225|183,791|4,048,016|
|Additions||1,449|1,449|
|At 31 August 2021|3,864,225|185,240|4,049,465|
|Depreciation||||
|At 1 September 2020|364,225|171,224|535,449|
|Charge for the year||3,518|3,518|
|At 31 August 2021|364,225|174,742|538,967|
|Net book value||||
|At 31 August 2021|3,500,000|10,498|3,510,498|
|At 31 August 2020|3,500,000|12,567|3,512,567|





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|15.|Debtors||FOR THE YEAR ENDED 31 AUGUST 2021|||
|---|---|---|---|---|---|
|||||2021|2020|
|||||E||
||Due within one year|||||
||Trade debtors|||17,837|10,799|
||Other debtors|||12,197||
||Prepayments|and accrued income||10,087|30,658|
|||||40,121|41,457|
|16.|Creditors: Amounts||falling due within one year|||
|||||2021|2020|
|||||E|E|
||Bank loans|||6,430|4,522|
||Other loans|||40,000||
||Trade creditors|||18,238|17,055|
||Other taxation|and social security||3,769|3,735|
||Accruals and|deferred|income|23,934|15,449|
|||||92,371|40,761|
|17.|Creditors: Amounts||falling due after more than one year|||
|||||2021f|2020|
||Bank loans|||79,308|89,295|





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|||||Balance at 1|||Balance at|
|---|---|---|---|---|---|---|---|
|||||September|||31 August|
|||||2020|Income|Expenditure|2021|
|||||E|E|E|E|
|Unrestricted|funds|||||||
|General<br>Funds - all||funds||(1,673)|401,595|(497,547)|(97,625)|
|Revaluation|reserve|||3,499,999|||3,499,999|
|||||3,498,326|401,595|(497,547)|3,402,374|
|Restricted funds||||||||
|LJ Carter Memorial||Fund||22,295|||22,295|
|Library Fund||||5, 144|||5,144|
|||||27,439|||27,439|
|Total of funds||||3,525,765|401,595|(497,547)|3,429,813|
|Statement offunds||- prior year||||||
||||Balance at||||Balance at|
||||1 September|||Gains'|31August|
||||2019|Income|Expenditure|(Losses)|2020|
||||E|E|E|E||
|Unrestricted|funds|||||||
|General<br>Funds - all||funds|24,498|435,131|(461,302)||(1,673)|
|Revaluation|reserve|||||3,499,999|3,499,999|
||||24,498|435,131|(461,302)|3,499,999|3,498,326|
|Restricted funds||||||||
|LJ Carter Memorial||Fund|22,295||||22,295|
|Library Fund|||1,014|4,130|||5,144|
||||23,309|4,130|||27,439|
|Total offunds|||47,807|439,261|(461,302)|3,499,999|3,525,765|





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||||||Balance at 1|||Balance at|
|---|---|---|---|---|---|---|---|---|
||||||September|||31 August|
||||||2020f|Income<br>F|Expenditure<br>F|2021|
|General|funds||||3,498,326|401,595|(497,547)|3,402,374|
|Restricted||funds|||27,439|||27,439|
||||||3,525,765|401,595|(497,547)|3,429,813|
|Summary||offunds|- prior year||||||
|||||Balance at||||Balance at|
|||||1 September|||Gains!|31August|
|||||2019|Income|Expenditure|(Losses)|2020|
|General|funds|||24,498|435,131|(461,302)|3,499,999|3,498,326|
|Restricted||funds||23,309|4,130|||27,439|
|||||47,807|439,261|(461,302)|3,499,999|3,525,765|



|Analysis|of n|et assets between<br>funds<br>-current|year|||
|---|---|---|---|---|---|
||||Restricted|Unrestricted|Total|
||||funds|funds|funds|
||||2021<br>E|2021f|2021<br>E|
|Tangible|fixed|assets||3,510,498|3,510,498|
|Current|assets||27,439|63,555|90,994|
|Creditors|due|within one year||(92,371)|(92,371)|
|Creditors|due|in more than one year||(79,308)|(79,308)|
|Total|||27,439|3,402,374|3,429,813|





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|Analysis|of n|et assets between<br>funds - prior ye|ar|||
|---|---|---|---|---|---|
||||Restricted|Unrestricted|Total|
||||funds|funds|funds|
||||2020|2020|2020|
|Tangible|fixed|assets||3,512,567|3,512,567|
|Current|assets||27,439|115,815|143,254|
|Creditors|due|within one year||(40,761)|(40,761)|
|Creditors|due|in more than one year||(89,295)|(89,295)|
|Total|||27,439|3,498,326|3,525,765|