| The | trus | te | es | (during | the year ended 31 D | ecember 2020 | Lord Hoffmann | ||||
| and | thereafter, | untff | the date ofapproval | ofthese | M Humphery | ||||||
| financial | statements) | M Hutchinson | |||||||||
| M Clark-Darby | |||||||||||
| E Ellis | |||||||||||
| J Bayer | |||||||||||
| D Castle | |||||||||||
| L Austin | (Appointed | 21 January 2020) | |||||||||
| T Ghilchik | |||||||||||
| F Harding | |||||||||||
| V Harding | |||||||||||
| A Haslam-Jones | |||||||||||
| J Learmond-Criqui | |||||||||||
| R Linger | |||||||||||
| D James-Williams | (Appointed | 21 January 2020) | |||||||||
| T Radice | |||||||||||
| P Tausig | |||||||||||
| ProfJ Wagge | (Appointed | 21 January 2020) | |||||||||
| JWeston | |||||||||||
| Registered | charity number | 261782 | |||||||||
| Principal | place | of business | PO Box38214 | ||||||||
| London | |||||||||||
| NW3 1XD | |||||||||||
| Accountants | Fisher Phillips LLP | ||||||||||
| Summit House | |||||||||||
| 170 Finchley Road | |||||||||||
| London | |||||||||||
| NW3 6BP | |||||||||||
| Bankers | Lloyds Bank pic | ||||||||||
| London | |||||||||||
| CCLA Investment | Management | ||||||||||
| Senator House | |||||||||||
| 85Queen Victoria | Street | ||||||||||
| London | |||||||||||
| EC4V 4ET |
| Pages | |||
|---|---|---|---|
| Trustees' Report |
1-5 | ||
| Independent Examiner's |
Report | ||
| Statement offinancial |
activities | ||
| Balance sheet | |||
| Notes to the financial | statements | 9-11 |
| FOR THE YEAR ENDED 3 | 1 D | ECEMBER 2020 | ||||||
|---|---|---|---|---|---|---|---|---|
| 2020 | 2019 | |||||||
| Restricted | Unrestricted | Total | To/a/ | |||||
| Notes | f | 6 | f | |||||
| Income from: | ||||||||
| Subscriptions | 28,371 | 28,371 | 26,325 | |||||
| Donations and legacies |
28,374 | 5,468 | 33,842 | 54,077 | ||||
| Investment income and interest |
receivable | 89 | 335 | 424 | 757 | |||
| Total income | 28,463 | 34,174 | 62,637 | 81,159 | ||||
| Expenditure on: |
||||||||
| Charitable activities: |
||||||||
| Town expenditure | (31,374) | (31,374) | (5,780) | |||||
| Heath expenditure | (6,000) | (6,000) | (67,472) | |||||
| Planning expenditure |
(113) | |||||||
| Website and IT expenditure |
(5,518) | (5,518) | (1,827) | |||||
| Newsletter | (8,450) | (8,450) | (11,308) | |||||
| Administration expenditure |
(2,143) | (2,143) | (2,349) | |||||
| Independent examination |
fee | (1,800) | (1,800) | (1,800) | ||||
| Membership promotion |
(276) | (276) | (5,897) | |||||
| Charitable donations |
(1,136) | (1,136) | (1,581) | |||||
| Kate Springett Legacy |
11 | (1,585) | ||||||
| J P Walmsley Legacy |
11 | (1,732) | (1,732) | (1,368) | ||||
| (33,106) | (25,323) | (58,429) | (101,080) | |||||
| Costs ofgenerating funds |
(60) | (60) | (1,568) | |||||
| Total expenditure | (33,106) | (25,383) | (58,489) | (102,648) | ||||
| Net income / (expenditure) |
before other recognised | |||||||
| gains and losses | (4,643) | 8,791 | 4,148 | (21,489) | ||||
| Net gains / (losses) on investmenls | (864) | (864) | 710 | |||||
| Net income / (expenditure) |
for | the year | (4,643) | 7,927 | 3,284 | (20,779) | ||
| Transfer between funds |
3,000 | (3,000) | ||||||
| Net movement in funds |
(1,643) | 4,927 | 3,284 | (20,779) | ||||
| Reconciliation offunds |
||||||||
| Total funds brought forward |
at 1 | January 2020 | 28,623 | 15,686 | 44,509 | 65,288 | ||
| Total funds carried forward | at | 31 December 2020 | 11 | 27,180 | 20,613 | 47,793 | 44,509 |
| 2020 | 2019 | |||||
|---|---|---|---|---|---|---|
| Notes | f | f | ||||
| FIXEDASSETS | ||||||
| Investments | 4,118 | 4,982 | ||||
| CURRENT ASSETS | ||||||
| Debtors | 531 | 42,588 | ||||
| Cash at bank and in hand | 113,262 | 102851 | ||||
| 113,793 | 145,449 | |||||
| CREDITORS | ||||||
| Amounts falling due within one year |
4 | (51,284) | (86,342) | |||
| NET CURRENT ASSETS | 62,509 | 59,107 | ||||
| TOTAL ASSETS LESSCURRENT LIABILITIES | 66,627 | 64,089 | ||||
| CREDITORS | ||||||
| Amounts falling due after one year |
(18,834) | (19,580) | ||||
| 47,793 | 44,509 | |||||
| CAPITAL AND RESERVES | ||||||
| Restricted funds |
27,180 | 28,823 | ||||
| Unrestricted funds |
20,613 | 15,686 | ||||
| 47,793 | 44,509 |
| 2. | INVESTMENTS | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Unlisted investmenls |
consist ofunils held | in The Equities | Investment | Fund for Charities | (Charifund). | |||||
| Market valuation | f | |||||||||
| At 1 January 2020 | 4,982 | |||||||||
| Net investment gain/(loss) |
(864) | |||||||||
| At 31 December 2020 | 4,118 | |||||||||
| Historical cost | 372 | |||||||||
| 3. | DEBTORS | |||||||||
| 2020 | 2019 | |||||||||
| f | 6 | |||||||||
| Donations | 42,288 | |||||||||
| Other debtors | 531 | 300 | ||||||||
| 531 | 42,588 | |||||||||
| 4. | CREDITORS: amounts | falling due within | one year | |||||||
| Annual subscriplions |
paid | in advance | 870 | 5,285 | ||||||
| Deferred life membership |
subscriptions | 2,093 | 2,176 | |||||||
| Accruals | 48,321 | 76,881 | ||||||||
| 51,284 | 86,342 |
| FO | R THE YEAR ENDED 31 | DECEMBER 2020 | |||
|---|---|---|---|---|---|
| 2020 | 2019 | ||||
| 5. | CREDITORS: amounts | falling due after one | year | ||
| Total deferred life membership subscnplions |
20,927 | 21,756 | |||
| Less faging due within one year | (2,093) | (2,176) | |||
| 18,834 | 19,580 | ||||
| Deferred for between two and five years |
8,372 | 8,704 | |||
| Deferred for more than | five years | 10,462 | 10,876 | ||
| 18,834 | 19,580 | ||||
| 6. | SUBSCRIPTIONS | ||||
| Membem' subscriptions |
attributable to the current year |
22,613 | 20,860 | ||
| Gift Aid recoverable on |
current subscriphons | 5,758 | 5,375 | ||
| 28,371 | 26,235 | ||||
| 7. | INVESTMENT INCOME | ||||
| Dividends received from |
unlisted investments |
150 | 249 | ||
| Gross interest received | from cash deposits | 274 | 508 | ||
| 424 | 410 | ||||
| 8. | COSTS OF GENERATING FUNDS |
||||
| Convening and conducting the annual general |
meeting | 60 | 1,568 | ||
| 9. | STAFF COSTS AND TRUSTEES' REMUNERATION | ||||
| The Society does not employ staff and the trustees are not remunerated. |
| At | Incoming | Resources | Transfer | Transfer | Investment | At | |||
|---|---|---|---|---|---|---|---|---|---|
| 31 Dec 2019 | resources | expended | between | funds | gain/(loss) | 31 Dec 2020 | |||
| 6 | 6 | 6 | 6 | ||||||
| Restricted reserves: | |||||||||
| a. | Kate Springeff | Legacy | 26,368 | 89 | 26,457 | ||||
| b. | J P Walmsley | Legacy | 2,455 | (1,732) | 723 | ||||
| c. | Abacus School | 28,374 | (31,374) | 3,000 | |||||
| 28,823 | 28,463 | (33,106) | 3,000 | 27,180 | |||||
| Unrestricted reserves |
15,686 | 34,174 | (25,383) | (3,000) | (864) | 20,613 | |||
| 44,509 | 62,637 | (58,489) | (864) | 47,793 |