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|Reference and Administrative
Details|Reference and Administrative
Details||
|---|---|---|
|Trustees'
Report||2 to 5|
|Statement
of Trustees'|Responsibilities||
|Independent
Auditors'|Report|7to 10|
|Statement
of Financial|Activities||
|Balance Sheet||12|
|Notes to the Financial|Statements|13to 21|
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|Chairman|Chairman|||Ms Sue Jude||
|---|---|---|---|---|---|
|Trustees||||Mr Nileshchandra|Joshi (resigned 18January 2021)|
|||||Mr Timothy Boothman||
|||||Mr Samuel
Houston||
|||||Ms Sue Jude||
|Principal||Office||Evelyn House
22 Windlesham|Gardens|
|||||Shoreham
by Sea||
|||||West Sussex||
|||||BN43 5AZ||
|Charity Registration|||Number|262T04||
|Au|ito|||Lucraft Hodgson|& Dawes LLP|
|||||Chartered
Accountants||
|||||2/4 Ash Lane||
|||||Rustington||
|||||West Sussex||
|||||BN16 3BZ||
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|Statement ofFinancial Act|ivities for the Year|Ended 31 December|2020||
|---|---|---|---|---|
|||Note|Unrestricted|Total
2020|
|||||8|
|Income and Endowments|from:||||
|Donations
and legacies|||3,884|3,884|
|Investment
income|||25+66|25,466|
|Total Income|||29,350|29,350|
|Expenditure
on:
Raising funds|||(11,166)|(11,168)|
|Charitable
activities|||(44,728)|(44,728)|
|Total Expenditure|||55894|55894|
|Gains/losses
on investment|assets||(105,233)|(105,233)|
|Net movement
in funds|||(131,777)|(131,777)|
|Reconciliation
offunds|||||
|Total funds brought
forward|||1,031,127|1,031,127|
|Total funds carried forward||14|899,360|899,350|
|||Note|Unresdlcted|Total
2019|
|||||6|
|Income and Endowments|from:||||
|Donations
and legacies|||6,669|5,669|
|Investment
income|||40,479|40,479|
|Total Income|||46,148|46,148|
|Expenditure
on:
Raising funds|||(8,449)|(6,449)|
|Charitable
activities|||(70,171)|(70,171)|
|Total Expenditure|||76620|76620|
|Gains/losses
on investment|assets||88,094|88,094|
|Net movement
in funds|||57,622|57,622|
|Reconciliation
offunds|||||
|Total funds brought
forward|||973,608|973,608|
|Total funds carried forward||14|1,031,130|1,031,130|
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|Balance She|et as at|31December 2020||||
|---|---|---|---|---|---|
||||0e|2020
8|2019
8|
|Fixed assets||||||
|Tangible assets|||10|137|137|
|Investments|||11|949,887|1,023,574|
|||||960024|1023711|
|Current assets||||||
|Debtors|||12|3,006|1,897|
|Cash at bank|and in hand|||67,202|132,052|
|||||70,208|133,949|
|Creditors: Amounts||falling due within one year|13|(120,940)|(126,530)|
|Net current (liabilities)/assets||||(60,732)|7,4'I9|
|Net assets||||899,292|1,031,130|
|Funds ofthe|charity:|||||
|Unresti1cted|income|funds||||
|Unrestricted||||899,360|1,031,130|
|Total funds|||14|899,360|1,031,130|
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|2
Incom|e from donations
|and legacies|||
|---|---|---|---|---|
||||Unrestricted
funds|Total|
||||General|funds|
||||6|6|
|Donations|and legacies;||||
|Donations
from individuals|||3,669|3,669|
|Other income from donations||and legacies|325|326|
|Total for|2020||3,884|3,884|
|Total for|2019||s,eee|5,869|
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|3
Investment
Inc|ome|||
|---|---|---|---|
|||Unrestricted
funds|Total|
|||General|funds|
|interest receivable|and similar income;|||
|Interest receivable on bank deposits||21|21|
|Other income from|fixed asset investments|25,445|26,445|
|Total for 2020||25,466|26,486|
|Total for2019||40,479|40,479|
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|a) Investment
|management|costs||||
|---|---|---|---|---|---|
|||||Unrestricted
funds|Total|
||||Note|General|funds|
|Other investment|management|costs;||||
|Other porffolio|management|costs||11,166|11,166|
|Total for 2020||||11,166|11,186|
|Total for 2019||||6,449|6,449|
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|5
Expen|diture
on charitable
activities||||
|---|---|---|---|---|
||||Unrestricted
funds|Total|
|||Note|General|funds|
|Grant funding
ofactivities|||29,304|29,304|
|Allocated|support costs||222|222|
|Governance
costs|||15,202|16,202|
|Total for|2020||44,728|44,728|
|Total for|2019||70,171|70,171|
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|Governance
cos|ts|||
|---|---|---|---|
|||Unrestricted
funds|Total|
|||General|funds|
|||8|8|
|Audit fees||||
|Audit ofthe financial statements||3,480|3,480|
|Other governance|costs|11,722|11,722|
|Total for 2020||16,202|15,202|
|Total for 2019||16,943|15,943|
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|||||2020|2019|
|---|---|---|---|---|---|
||||||8|
|Audit|ofthe|financial|statements|3,480|3,480|
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|10Tangible fixed assets|||
|---|---|---|
||Furniture
and
equipment|Total|
||6||
|Cost|||
|At 1 January 2020|13,618|13,618|
|At 31 December 2020|13,818|13,618|
|Depreciation
At 1 January 2020|13,481|13,481|
|At 31 December 2020|13,481|13,481|
|Net book value|||
|At 31 December 2020|137|137|
|At 31 December 2019|137|137|
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|Other investments|||
|---|---|---|
||Listed
investments|7|
||5||
|Cost orValuation|||
|At 1 January 2020|1,023,574|1,023,574|
|Revaluation|(47,937)|(47,937)|
|Additions|577,802|577,802|
|Disposals|(603,662)|(603,562)|
|At 31 December 2020|949,887|949,887|
|Net book value|||
|At 31 December 2020|949,887|949,887|
|At 31 December 2019|1,023,574|1,023,674|
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|12Debtors|||
|---|---|---|
||2020|2019|
|||5|
|Prepayments|1,126||
|Other debtors|1,881|1,897|
||3006|1897|
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|13Creditors: amounts
falling due within o|ne year||
|---|---|---|
||2020|2019|
|||8|
|Other creditors|96,855|116,632|
|Accruals|24,086|9,898|
||120940|126630|
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|14Funds|||||||||
|---|---|---|---|---|---|---|---|---|
|||Balance at
1January
2020
5|Incoming
resources
5|expended|g|Other
N
I(I
recognised
ns
oases
5|)|Balance at
December
5|
|Unrestricted|funds||||||||
|General||1,031,127|29,026|(66,669)||(106,233)||899,360|
|||Balance at
1January
2019
5|Incoming
resources
E|Resources|Other
recognised
gains/(losses)|||Balance at
31
December
2019
5|
|Unrestricted|funds||||||||
|General||973,508|44,081|(74,553)||88,094||1,031,130|
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|||Unrestricted||
|---|---|---|---|
|||General|Total funds|
||||5|
|Tangible|fixed assets|137|137|
|Fixed asset investments||949,887|949,887|
|Current|assets|70,208|70,208|
|Current|liabilities|(120,940)|(120,940)|
|Total net assets||899,292|899,292|
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|National
Federation ofSubpostm|National
Federation ofSubpostm|asters
Benevolent
Fund||
|---|---|---|---|
|Statement of Financial Activities||by fund for the Year Ended 31 December 2020||
|||Total|Total|
|||Unrestricted|Unrestricted|
|||Funds|Funds|
|||2020|2019|
|Income and Endowments|from:|||
|Donations
and legacies||3,884|s,ssa|
|investment
income||25,466|40,479|
|Total income||29,360|46,148|
|Expenditure
on:||||
|Raising funds||(11,166)|(6,449)|
|Charitable
activities||(44,728)|(70,171)|
|Total expenditure||(66,894)|(76,620)|
|Gains/losses
on investment|assets|(106,233)|88,094|
|Net (expenditure)/Income||(131,777)|67,622|
|Net movement
In funds||(131,777)|57,622|
|Reconciliation
offunds||||
|Total funds brought
forward||1,031,127|973,508|
|Total funds carried forward||899,350|1,031,130|
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|||||||Total|Total|
|---|---|---|---|---|---|---|---|
|||||||2020|2019|
|||||||6|6|
|Income and Endowments||from:||||||
|Donations
and legacies|(analysed|||below)||3,884|5,669|
|Investment
income (analysed|||below)|||25,466|40,479|
|Total income||||||29,350||
|Expenditure
on:||||||||
|Raising funds (analysed|below)|||||(11,166)|(6,449)|
|Charitable
activities (analysed|||below)|||(44,728)|(70,171)|
|Total expenditure||||||(55,894)|(76,620)|
|Gains/losses
on investment||assets||(analysed|below)|(105,233)||
|Net (expenditure)/Income||||||(131,777)|57,622|
|Net movement
In funds||||||(131,777)|67,622|
|Reconciliation
offunds||||||||
|Total funds brought
forward||||||1,031,127|973,508|
|Total funds carried forward||||||899,350|1,031,130|
##
|Detailed Statement|of F|ina|ncial|Activities for the Year|Ended 31 December 2020||
|---|---|---|---|---|---|---|
||||||Total|Total|
||||||2020|2019|
||||||8|8|
|Donations and legacies|||||||
|Appeals
and donations|||||3,559|3,602|
|Fundraising
events|||||325|2,067|
||||||3884|6669|
|Investment
Income|||||||
|Income from listed investments|||||25,445|40,295|
|Interest on cash deposits|||||21|184|
||||||26466|40479|
|Raising funds|||||||
|Porffolio management|costs||||(11,166)|(6449)|
||||||11166|6449|
|Charitable
actlvitles|||||||
|Grants payable - individuals|||||(29,304)|(53,521)|
|Travelling|||||(222)|(78)|
|Trade subscriptions||||||(629)|
|Clerical assistance|||||(12,000)|(12,000)|
|The audit ofthe charity's||annual||accounts|(3,480)|(3,480)|
|Printing,
postage and|stationery|||||(269)|
|Bank charges||||||(30)|
|Foreign currency (gains)/losses|||||278|(164)|
||||||44 728|70171|
|Gains/losses
on investment|||assets||||
|Revaluation
reserve|- investment|||assets|(47,937)|66,014|
|Realised investment|gains||||(57,296)|22,080|