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|---|---|---|
|Reportofthe Trustees|1|
to5|
|Independent Examiner's Report||6|
|StatementofFinancial Activities||7|
|Balance Sheet||8|
|Notestothe Financial Statements|9|
to 17|
|.Detailed StatementofFinancial Activities|18|
to 19|
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||||||2020|2019|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||funds|funds|funds|funds|
|||Notes|
£|£|£|£|
|INCOME AND ENDOWMENTS FROM|||||||
|Charitableactivities||3|||||
|Provisionofresidents and housing|||44,131||44,131|43,953|
|Investment income||2|18,622|1,109|19,731|23,223|
|Other income|||1,514||1,514|2,869|
|Total|||64,267|1,109|65,376|70,045|
|EXPENDITUREON|"•||||||
|Raising funds||4|7,776||7,776|8,757|
|Charitable activities.||5|||||
|Provisionofresidents and housing|||.59,590,||59,590|71,276|
|Advancement of education and relief|of||||||
|thoseinneed|||3,209||3,209|4,424|
|Total|||70,575||70,575|84,457|
|Net gainsoninvestments|||43,938||43,938|131,909|
|NET INCOME|||37,630|1,109|38,739|117,497|
|RECONCILIATION OF FUNDS|||||||
|Totalfundsbroughtforward|||1,287,227|61,341|1,348,568|1,231,071|
|TOTAL FUNDS CARRIED FORWARD|||1,324,857|62,450|1,387,307|1,348,568|
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|||||2020|2019|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|funds|
||Notes|
£|£|£|£|
|**FIXED ASSETS**||||||
|Tangible assets|12|207,$30||207,330|208,181|
|Investments|13|1,0371011|62,450|1,099,461|1,082,300|
|||1,244,341|62,450|1,306,791|1,290,481|
|**CURJU;NT ASSETS**||||||
|Debtors|14|3,464||3,464|2,383|
|Cash at bank andinhand||841977||84,977|64,695|
|||88,441||88,441|67,078|
|**CREDITORS**||||||
|Amounts falling due within oneyear|15|(7,925)||(7,925)|(8,991)|
|**NET CURRENT ASSETS**||80,516||80,516|58,087|
|**TOTAL ASSETS LESS CURRENT**||||||
|**LIABILITIES**||1,324,857|62,450|1,387,307|1,348,568|
|**NET ASSETS**||1.,324,857|62,450|-1,387,307|1!348,!)68|
|**FUNDS**|16|||||
|Unrestricted funds||||1,324,857|1,287,227|
|Restricted funds||||62,450|61,341|
|**TOTAL FUNDS**||||1,387,307|1,348,568|
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||||2020|2019|
|---|---|---|---|---|
|||Activity|£|£|
||Rents receivable|Provisionofresidents and housing|44,131|43,953|
|4.|RAISING FUNDS||||
||Investmentmanagementcosts||||
||||2020|2019|
||||£|£|
||Investment management costs||7,776|8,757|
|CHARITABLEACTIVITIES COSTS|||||
|---|---|---|---|---|
|||Grant|||
|||fundingof|||
||Direct|activities|Support||
||Costs (see|(see note|costs (see||
||note 6)|7)|note 8)|Totals|
||£|£|£|£|
|Provisionofresidents and housing|36,621||22,969|59,590|
|Advancementofeducation and|||||
|reliefofthose in need|206|3,003||3,209|
||36,827|3,003|22,969|62,799|
|DIRECT COSTS OF CHARITABLE ACTIVITIES|||||
||||2020|2019|
||||£|£|
|Overheads and administrationre:Townson Close|||697|355|
|Events|||6,389|7,338|
|Light, heat and water|||2,435|2,116|
|Playing field maintenance|||1,840|13,396|
|Playground maintenance|||270|7,683|
|Community Centre maintenance|||8,378|5,798|
|Bungalow maintenance|||12,879|8,623|
|Insurance|||3,088|3,018|
|War memorial refurbishment||||200|
|Depreciation|||851|891|
||||36,827|49,418|
##
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|**7.**|**GRANTS PAYABLE**||||
|---|---|---|---|---|
||||2020|2019|
||||£|£|
||Advancementofeducation and relief of thoseinneed||3,003|4,424|
||||=|=|
||The tqtal grants paid to institutions during the year was as follows:||||
||||2020|2019|
||||£|£|
||Youth Club Support||500|1,350|
||Old PCC|||244|
||ROAR|||500|
||Old Cricket Club||300||
||||800||
||The total grants paid to individuals during the year was as follows:||||
||||2020|2019|
||||£|£|
||Individuals||2,403|2,330|
|**8.**|**SUPPORT COSTS**||||
||||Governance||
|||Management|costs|Totals|
|||£|£|£|
||Provisionofresidents and housing|19,932|3,037|22,969|
||Support costs, included in the above, are as follows:||||
||||2020|.2019|
||||Provision||
||||of||
||||residents||
||||and|Total|
||||housing|activities|
||||£|£|
||Wages||17,815|17,585|
||Pension||478|65|
||Telephone||760|750|
||Office supplies&advertising||879|794|
||Independent Examiners fees -||||
||Independent Examination||1,624|1,564|
||Independent Examiners fees-||||
||statutory accounts fee||500|500|
||Legal fees||913|600|
||||22,969|21,858|
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|**STAFF COSTS**|||
|---|---|---|
||2020|2019|
||£|£|
|Wages and salaries|17,815|17,585|
|Other pension costs|478|65|
||18,293|17,650|
##
|2020|2019|
|---|---|
|2|2|
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||Unrestricted|Restricted|Total|
|---|---|---|---|
||funds|funds|funds|
||£|£|£|
|**INCOME AND ENDOWMENTS FROM**||||
|**Charitable activities**||||
|Provision of residents and housing|. 43,953||43,953|
|Investment income|21,862|1,361|23,223|
|Other income|2,869||2,869|
|**Total**|68,684|1,361|70,045|
|**EXPENDITURE ON**||||
|Raising funds|.8,757.||8,757|
|**Charitable activities**||||
|Provisionofresidents and housing|71,276||71,276|
|Advancement of educationandrelief of||||
|thoseinneed|4,424||. 4,424|
|**Total**|84,457||84,457|
|Net gainsoninvestments|131,909||131,909|
|**NET INCOME**|116,136|1,361|117,497|
##
|**11.**|**COMPARATIVES FORTHESTATEMENT OF FINANCIAL**|**COMPARATIVES FORTHESTATEMENT OF FINANCIAL**|**COMPARATIVES FORTHESTATEMENT OF FINANCIAL**|**COMPARATIVES FORTHESTATEMENT OF FINANCIAL**|**ACTIVITIES·**|**continued**||
|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|
||||||funds|funds|funds|
||||||£|£|£|
||**RECONCILIATION OF FUNDS**|||||||
||**Total funds brought forward**||||1,171,091|59,980|1,231,071|
||**TOTAL FUNDS CARRIED FORWARD**||||1,287,227|61,341|1,348,568|
|**12.**|**TANGIBLE FIXED ASSETS**|||||||
||||||Land|||
||||||(including|||
|||||Freehold-|.-playing.|||
|||||property|. field)|Equipment|Totals|
|||||£|£|£|£|
||**COST**|||||||
||At 1 January 2020 and|||||||
||31December 2020|||153,272|57,236|131207|223,715|
||**DEPRECIATION**|||||||
||At 1 January 2020 ·|'..|||.2,938|12,596|15,534|
||Charge for year||||443|408|851|
||At31December 2020 ·||..,:|;·|·3,381"·|13,004|16,385|
||**NETBOOKVALUE**|||||||
||At31December 2020|||153,272|53,855|203|207,330|
||At31December 2019|||153,272|:54,298.|611|208,181|
##
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|FIXEDASSETINVESTMENTS||
|---|---|
||Listed|
||investments|
||£|
|MARKETVALUE||
|At 1 January 2020|1,082,300|
|Additions|457,649|
|Disposals|(484,426)|
|Revaluations|43,938|
|At31December 2020|1,099,461|
|NETBOOKVALUE||
|At31December 2020|1,099,461|
|At31December 2019|1,082,300|
##
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|DEBTORS: AMOUNTSFALLINGDUE WITHIN ONEYEAR|||
|---|---|---|
||2020|2019|
||£|£|
|Prepayments|2,007|2,039|
|Accrued income|1,457|344|
||3,464|2,383|
|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR|||
||2020|2019|
||£|£|
|Accruals and deferred income|7,925|8,991|
##
|MOVEMENT IN FUNDS||||
|---|---|---|---|
|||Net||
|||movement|At|
||At 1/1/20|in funds|31/12/20|
||£|£|£|
|Unrestrictedfunds||||
|General fund|1,262,227|37,630|1,299,857|
|Extraordinary Repair Fund|25,000||25,000|
||1,287,227|37,630|1,324,857|
|Restrictedfunds||||
|Extraordinary Repair Fuf\d|59,657|1,079|60,736|
|Playing Field Maintenance Fund|1,684|30|1,714|
||61,341|1,109|62,450|
|TOTALFUNDS|1,348,568|38;739|1,387,307|
##
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||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|
||resources|expended|losses|infunds|
||£|£|£|£|
|**Unrestricted funds**|||||
|General fund|64,267|(70,575)|43,938|37,630|
|**Restricted funds**|||||
|Extraordinary Repair Fund|1,079|||1,079|
|Playing Field Maintenance Fund|30
--|||30|
||1,109|-·-||1,109|
|**TOTAL FUNDS**|65,376|(70,575)|43,938|38,739|
##
|**Comparatives for movementinfunds**||||
|---|---|---|---|
|||Net||
|||movement|At|
||At 1/1/19|infunds|31/12/19|
||£|£|£|
|**Unrestricted funds**||||
|General fund|1,146,091|11.6,136|1,262,227|
|Extraordinary Repair Fund|25,000||25,000|
||1,171,091|116,136|1,287,227|
|**Restricted funds**||||
|Extraordinary Repair Fund|58,333|1,324|59,657|
|Playing Field Maintenance Fund|1,647|37|1 684|
||59,980|1,361|61,341|
|**TOTAL FUNDS**|1,231,071|117,497|1,348,568|
||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|
||resources|expended|losses|infunds|
||£|£|£|£|
|**Unrestricted funds**|||||
|General fund|68,684|(84,457)|131,909|116, 136|
|**Restricted funds**|||||
|Extraordinary Repair Fund|1,324|||1,324|
|Playing Field Maintenance Fund|37|||37|
||1,361|||1,361|
|**TOTAL FUNDS**|70,045|{84,457)|131,909|117,497|
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|||2020|2019|
|---|---|---|---|
|||£|£|
|INCOME AND ENDOWMENTS||||
|Investmentincome||||
|Investment income||19,731|23,223|
|Charitableactivities||||
|Rents receivable||44,131|43,953|
|Otherincome|.'|||
|Other income||1,514|2,869|
|Totalincomingresources||65,376|70,045|
|EXPENDITURE||||
|Investmentmanagementcosts||||
|Investment management costs||7,776|8,757|
|Charitableactivities||||
|Overheads and administrationre:Townson||||
|Close||697|355|
|Events||6,389|7,338|
|Light, heat and water||:2,439|2,116|
|Playing field maintenance||1,840|13,396|
|Playground maintenance||270|7,683|
|Community Centre maintenance||8,378|5,798|
|Bungalow maintenal)Ce||12,879|8,623|
|Insurance||3,088|3,018|
|War memorial refurbishment|||200|
|Depreciation of tangible fixed assets||851|891|
|General benefitofinhabitants - paidto||||
|institutions||800|2,094|
|General benefitofinhabitants - paid to||||
|individuals||2,203|2,330|
|||39,830|53,842|
|Supportcosts||||
|Management||||
|Wages||17,815|17,585|
|Pension||478|65|
|Telephone||760|750|
|Office supplies&advertising||879|794|
|||19;932|19,194|
|Governancecosts||||
|Independent Examiners fees - Independent||||
|Examination||1,624|1,564|
|Carried forward||1,624|1,564|
##
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||2020|2019|
|---|---|---|
||£|£|
|Governancecosts|||
|Brought forward|1,624|1,564|
|Independent Examiners fees - statutory|||
|accountsfee|500|500|
|Legal fees|913|600|
||3,037|2,664|
|Total resources expended|70,575|84,457|
|Netexpenditurebeforegainsandlosses|(5,199)|(14,412)|
|Realisedrecognisedgainsandlosses|||
|Realised gains/(losses) on fixed asset|||
|investments|43,938|131,909|
|Netincome|38,739|117,497|