2020-12-31-accounts

Contents		Page
Chair's Report
Report ofthe Board of	Directors	3to7
Reference and Administrative Details		7to 11
Independent Examiner's	Report	12
Statement of Financial	Activities	13
Comparative Statement of Financial Activities for Year Ending 31 December 2019		14
Balance sheet		15
Cash flow Statement		16
Notes to the financial statements		17to 32

				Restricted	Unrestricted		Total	Total
				Funds	Funds		Funds	Funds
			Notes	2020I	2020I		2020 6	2019 I
D	D W	E
Donations and	legacies				30,713		30,713	85,078
Income from investments					4,395		4,395	3,148
Income from charitable		activities	6	17,018	206,230	223,248		256,023
Other income					137917		137917	8,250
Total incoming	resources			17018	255 255	272 273		352,499
EXPENDITURE	N:
Raising funds					169975		167975	35,750
Charitable activities			108111	309758	1997411	2307169		238,632
Total expenditure					3	2	1	274382
Net income				(13,740)	38,869		25,129	78,117
Reconciliation	offunds:
Total funds brought forward				629301	6287018	6909319		612,202
TOTAL FUNDS	CARRIED	FORWARD	22/23	48 861	666887	718448		699319

(Incorporating the	Income and E	xpenditure A	ccount for t	he year ended	31Decem
			Restricted	Unrestricted	Total
			Funds	Funds	Funds
		Notes	2019	2019	2019
			6	I	I
IN ME AND END
Donations and legacies				85,078	85,078
Income from investments				3,148	3,148
Income from charitable	activities		49,600	206,423	256,023
Other income				8,250	8,250
Total income			49 600	302 899	352 499
EXPENDIT R
Raising funds				35,750	35,750
Charitable activities		10011	42,437	196,195	238,632
Total expenditure			42 437	231 945	274 382
Net income			7,163	70,954	78,117
Reconciliation offunds:
Total funds brought forward			55,138	557,064	612,202
TOTAL FUNDS CARRIED	FORWARD	23	62 301	628018	690319

			C	ASHFLOW	STA	TE	MENT AS	AT31DE	CEMB	ER 202	0
										Note	2020	2019
											6
Cash flows from		operating		activities:
Net cash	provided	by/(used	in) operating		activities				27a		17,322	58,354
Cash flows from		investing		activities:
Dividends,	interest	and rents	from investments								5,025	2,644
Net cash	provided by/(used			in) investing		activities					5,025	2,644
Net cash	provided by/(used			in) financing		activities
Change	in cash	and cash	equivalents		in the		reporting	period			22,347	60,998
Cash and cash equivalents				at the beginning			ofthe reporting				688,067	627,069
period
Cash and cash equivalents				at the end	of	the	reporting	period	27b		rrt 414	688,067

9.Expenditure on Raising	funds				2020	2019
					E	E
Staff costs					10,356	23,090
Allocated overheads:
Printing sr stationery					773	1,977
Communications					255	1,704
Occupancy					1,534	3,620
ITCosts					867	2,139
Life Assurance Scheme					87	113
Other Staff Costs					26	216
Professional Fees 8r Bookkeeping					387	1,743
Communications ik marketing		designated		fund	1,773
Financial charges:
Banking and Investment	Management		Fees		917	1,026
Life members' appeal fund raising			costs			122
					1697~	ss 750

10.Expenditure on	charitable activities	charitable activities	charitable activities		2020 E	2019I
Group activities:
Group expenses						490
Group support					8,625	42
Community Support Fund*						1363
					0625	1 895
Fellowship Office	activities:
Staff costs					101,161	82,945
Members' magazine					11,257	30,079
Nahonal Visitors	Network*				30,758	41,073
ITHelpline						3,052
Allocated overheads;
Printing &stationery					7,548	7,102
Communications					2,495	6,122
Occupancy					14,979	13,004
ITCosts					8,466	7,685
Ufe Assurance Scheme					849	406
Other Staff Costs					252	775
Professional Fees &Bookkeeping Communications ik Marketing Designated				Fund	3,778 17319	6,263
					198062	198506
					207487	200401
Governance costs (Note 11)					22,682	38,231
Total expenditure	on charitable		activities		230169	230 632
*Restricted					30,758	42,437
Unrestricted					199,411	196,195
					230,169	238,632

ll. Governance				2020	2019
				f	I
Staff costs *				11,925	17,838
Allocated overheads:
Printing & stationery				890	1,526
Communications				294	1,317
Occupancy				1,766	2,797
ITCosts				998	1,653
Life Assurance Scheme				100	87
Other Staff Costs				30	167
Professional Fees	& Bookkeeping			445	799
Communications	and marketing	designated	fund	2,041
AGM Costs Board ofDirectors	Meeting and	other costs *s		216	3,533 5,485
Direct costs
Audit					(1,022)
Subscriptions				327	395
Legal Fees Independent examination				360	(392) 3 00
				22 602	38,231

13. Resources expended	13. Resources expended	are stated after charging:	are stated after charging:
						2020	2019
						E	E
Audit fees							(1,060)
Independent examination Depreciation						3,650 678	3,500 798
14.Tangible Fixed Assets
				Furniture	0	Computers	Total
				equipment
Cost
At 1Ianuary 2020				17,783		10,646	28,429
Additions in year
At 31December	2020			1	3	10646	20 429
A m l	r	i	ion
At 1Ianna(y 2020				13,264		10,646	23,910
Charge for the year				678			678
At 31December	2020			3942		151646	24 ~80
Net BookValue
At 31December	2020			3,841			3841
At 31December 2019				4519			4 519
15.Debtors						2020	2019
							I
Accrued income						2,553	5,698
Other debtors						10,960	15,201
Prepayments						4272	4390
						17780	25 09

16.Cash and bank balances	2020	2019
	E	E
Bank current account	12,171	12,058
Money on Deposit	698,083	675,849
Cash in hand	67	67
At bank and in hand at Branches	93	93
	710414	680067

17.Creditors - amounts	falling due within one year	2020	2019
		E	E
Trade 86other creditors		2,937	2/323
Accruals		4,150	3,500
Pension		771	10,613
Social security costs	86other taxes	2,564	2,839
Life members subscriptions		2001	2 112
		12,423	21,387

e Members	subscriptions
		2020	2019
		E	E
Opening balance		8,281	12,081
Additions
Amortised	in the year	(2,111)	(3,800)
Total		6,170	8,281
Total amount	falling due
within one year		2,001	2,112
aRer more than one year		4,169	6,169
		6,170	8,281

18.Creditors - amounts falling due after more than	18.Creditors - amounts falling due after more than	18.Creditors - amounts falling due after more than	18.Creditors - amounts falling due after more than	18.Creditors - amounts falling due after more than	18.Creditors - amounts falling due after more than	one year	2020	2019
							E	E
Life Members'	Subscriptions						4169	6169
The amount due in over 5 years			is	Enil (2019:E744).
19. Employees							2020	2019
							E	E
Staffcosts
Gross salaries							118,650	97,826
Employer's national		insurance		contributions			6,437	5,475
Empiuyer's pension		contributions:
The CSBF							37,086	39,542
The Civil Service		Retirement		Fellowship	Group Personal	plan	6,378	4,956
Total staff costs							168551	147799
Average number	of employees						5	5
Staff costs are	allocated		asfollows:
Cost of generating		funds					10,357	23,090
Expenditure on	charitable		activities				101,163	82,946
National Visitors Network							28,493	23,925
Governance							11,925	17,838
Communications		89 Marketing					16,613
							168551	147799

Pension costs are allocated as follows:	Pension costs are allocated as follows:	2020 E	2019I
Cost of raising funds		3,647	8,294
Expenditure on charitable	activities	35,618	29,796
Governance		~199	6468
		43 464	44 98

23.Analysis of Net Assets		Unrestricted	Restricted	TOTAL	TOTAL
		Fundsf	Funds f	2020f	2019 f
Fixed assets		3,841		3,841	4,519
Current assets		679,637	489561	728,198	713,356
Current liabilities Long term liabilities	(12,422) ~4369			(12,422) ~4669	(21,387) ~6169
		666883	48 56	15.448	690,319
Comparative Analysis ofNet	Assets	Unrestricted	Restricted	TOTAL
		Funds	Funds	2019
				f.
Fixed assets		4,519		4,519
Current assets		651,055	62,301	713,356
Current liabilities Long term liabilities	(21,387) ~6369			(21,387) ~6369
		628018	6 30	690,319

26.Financial Instruments	26.Financial Instruments					2020	2019
						f	f
Financial	assets measured	at	fair value			710,414	688,067
Financial	assets measured	at	amortised	cost		13~13	20,899
						723 927	00 966
Financial	liabilities measured		at amortised		cost	~4049	~19276

Financial assets measured at amortised cost	Financial assets measured at amortised cost	consist of accrued income and other deb	consist of accrued income and other deb	consist of accrued income and other deb	tors
Financial liabilities measured at amortised		cost consist of trade & other creditors,			accruals,	pension	creditor and
social security costs &other taxes.
27.	Notes tothe cash flow statement				2020		2019
					f		f
a.	Reconciliation ofnet income/(expenditure)		to net cash flow
	from operating activities
	Reconciliation ofnet income/(expenditure)	for the	reporting	period (as per
	the statement of financial activities)				25,129		78,117
	Adjustments for:
	Depreciation charges				678		798
	Interest on cash deposits				(4,395)		(3,147)
	(Increase)/decrease in debtors				6,873		762
	Increase/(decrease) in creditors				10963		18176
	Net cash provided by/(used in) operating	activities			17322		58 354
b.	Analysis ofcash and cash equivalents				2020		2019
					f		f
	Cash in hand				12,331		12,218
	Notice deposits (less than 3 months)				698 003		675 049
	Total cash and cash equivalents				0414		680 067