**REGISTERED CHARITY NUMBER: 263721** ## **REPORT OF THE TRUSTEES AND** **UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021** ## **FOR** ## **THE BEAUMONT CENTRE FOR THE OVER SIXTIES** Brindley Jacob Chartered Accountants 167 Turners Hill Cheshunt Hertfordshire EN8 9BH **THE BEAUMONT CENTRE FOR THE OVER SIXTIES** **CONTENTS OF THE FINANCIAL STATEMENTS for the Year Ended 31 MARCH 2021** |||**Page**|| |---|---|---|---| |**Report of the Trustees**||1|| |**Independent Examiner's Report**||2|| |**Statement of Financial Activities**||3|| |**Balance Sheet**||4|| |**Notes to the Financial Statements**|5|to|10| |**Detailed Statement of Financial Activities**|11|to|12| **THE BEAUMONT CENTRE FOR THE OVER SIXTIES** ## **REPORT OF THE TRUSTEES for the Year Ended 31 MARCH 2021** The trustees present their report with the financial statements of the charity for the year ended 31 March 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity. ## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 263721 ## **Principal address** 6 Rowlands Fields Turners Hill Cheshunt EN8 9BG ## **Trustees** Mrs R Morris S Bailey Ms C Carne ## **Independent Examiner** Brindley Jacob Chartered Accountants 167 Turners Hill Cheshunt Hertfordshire EN8 9BH Approved by order of the board of trustees on ............................................. and signed on its behalf by: .......................................................................... Ms C Carne - Trustee Page 1 ## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE BEAUMONT CENTRE FOR THE OVER SIXTIES** ## **Independent examiner's report to the trustees of The Beaumont Centre for the Over Sixties** I report to the charity trustees on my examination of the accounts of The Beaumont Centre for the Over Sixties (the Trust) for the year ended 31 March 2021. ## **Responsibilities and basis of report** As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act'). I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent examiner's statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Brindley Jacob Brindley Jacob Chartered Accountants 167 Turners Hill Cheshunt Hertfordshire EN8 9BH Date: ............................................. Page 2 ## **THE BEAUMONT CENTRE FOR THE OVER SIXTIES** ## **STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 MARCH 2021** |||31.3.21|31.3.20| |---|---|---|---| |||Unrestricted|Total| |||fund|funds| ||Notes|£|£| |**INCOME AND ENDOWMENTS FROM**|||| |Donations and legacies||8,393|10,237| |Other trading activities|2|7,159|33,967| |Investment income|3|26|35| |Other income||22,165|-| |**Total**||37,743|44,239| |**EXPENDITURE ON**|||| |Raising funds||20|4,773| |**Charitable activities**|||| |Direct expenditure||30,679|44,291| |**Total**||30,699|49,064| |**NET INCOME/(EXPENDITURE)**||7,044|(4,825)| |**RECONCILIATION OF FUNDS**|||| |**Total funds brought forward**||54,860|59,685| |**TOTAL FUNDS CARRIED FORWARD**||61,904|54,860| The notes form part of these financial statements Page 3 **THE BEAUMONT CENTRE FOR THE OVER SIXTIES** ## **BALANCE SHEET 31 MARCH 2021** |||31.3.21|31.3.20| |---|---|---|---| |||Unrestricted|Total| |||fund|funds| ||Notes|£|£| |**FIXED ASSETS**|||| |Tangible assets|7|37,490|37,490| |Investments|8|42|42| |||37,532|37,532| |**CURRENT ASSETS**|||| |Stocks|9|100|120| |Cash at bank and in hand||24,872|18,141| |||24,972|18,261| |**CREDITORS**|||| |Amounts falling due within one year|10|(600)|(933)| |**NET CURRENT ASSETS**||24,372|17,328| |**TOTAL ASSETS LESS CURRENT**|||| |**LIABILITIES**||61,904|54,860| |**NET ASSETS**||61,904|54,860| |**FUNDS**|11||| |Unrestricted funds||61,904|54,860| |**TOTAL FUNDS**||61,904|54,860| The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by: ............................................. C Carne - Trustee The notes form part of these financial statements Page 4 **THE BEAUMONT CENTRE FOR THE OVER SIXTIES** ## **NOTES TO THE FINANCIAL STATEMENTS for the Year Ended 31 MARCH 2021** ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. ## **Tangible fixed assets** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. ## **Stocks** Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. ## **Taxation** The charity is exempt from tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. Page 5 continued... **THE BEAUMONT CENTRE FOR THE OVER SIXTIES** ## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 MARCH 2021** ## **2. OTHER TRADING ACTIVITIES** |||31.3.21|31.3.20| |---|---|---|---| |||£|£| ||Fundraising events|7,159|11,879| ||Teas and refreshments|-|3,076| ||Sales|-|373| ||Meals|-|18,639| |||7,159|33,967| |**3.**|**INVESTMENT INCOME**||| |||31.3.21|31.3.20| |||£|£| ||Other fixed asset invest - FII|-|9| ||Deposit account interest|26|26| |||26|35| ## **4. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31 March 2021 nor for the year ended 31 March 2020. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 31 March 2021 nor for the year ended 31 March 2020. ## **5. STAFF COSTS** The average monthly number of employees during the year was as follows: ||31.3.21|31.3.20| |---|---|---| |Support|-|5| |No employees received emoluments in excess of £60,000.||| |**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**||| |||Unrestricted| |||fund| |||£| |**INCOME AND ENDOWMENTS FROM**||| |Donations and legacies||10,237| |Other trading activities||33,967| |Investment income||35| |**Total**||44,239| |**EXPENDITURE ON**||| |Raising funds||4,773| ## **6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES** Page 6 continued... **THE BEAUMONT CENTRE FOR THE OVER SIXTIES** ## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 MARCH 2021** |**6.**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**|| |---|---|---| |||Unrestricted| |||fund| |||£| ||**Charitable activities**|| ||Direct expenditure|44,291| ||**Total**|49,064| ||**NET INCOME/(EXPENDITURE)**|(4,825)| ||**RECONCILIATION OF FUNDS**|| ||**Total funds brought forward**|59,685| ||**TOTAL FUNDS CARRIED FORWARD**|54,860| |**7.**|**TANGIBLE FIXED ASSETS**|| |||Long| |||leasehold| |||£| ||**COST**|| ||At 1 April 2020 and 31 March 2021|37,490| ||**NET BOOK VALUE**|| ||At 31 March 2021|37,490| ||At 31 March 2020|37,490| |**8.**|**FIXED ASSET INVESTMENTS**|| |||Listed| |||investments| |||£| ||**MARKET VALUE**|| ||At 1 April 2020 and 31 March 2021|42| ||**NET BOOK VALUE**|| ||At 31 March 2021|42| ||At 31 March 2020|42| ||There were no investment assets outside the UK.|| continued... Page 7 **THE BEAUMONT CENTRE FOR THE OVER SIXTIES** ## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 MARCH 2021** |**9.**|**STOCKS**|||| |---|---|---|---|---| ||||31.3.21|31.3.20| ||||£|£| ||Stocks||100|120| |**10.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||| ||||31.3.21|31.3.20| ||||£|£| ||Other creditors||600|933| |**11.**|**MOVEMENT IN FUNDS**|||| ||||Net|| ||||movement|At| |||At 1.4.20|in funds|31.3.21| |||£|£|£| ||**Unrestricted funds**|||| ||General fund|54,860|7,044|61,904| ||**TOTAL FUNDS**|54,860|7,044|61,904| ||Net movement in funds, included in the above are as follows:|||| |||Incoming|Resources|Movement| |||resources|expended|in funds| |||£|£|£| ||**Unrestricted funds**|||| ||General fund|37,743|(30,699)|7,044| ||**TOTAL FUNDS**|37,743|(30,699)|7,044| ||**Comparatives for movement in funds**|||| ||||Net|| ||||movement|At| |||At 1.4.19|in funds|31.3.20| |||£|£|£| ||**Unrestricted funds**|||| ||General fund|59,685|(4,825)|54,860| ||**TOTAL FUNDS**|59,685|(4,825)|54,860| continued... Page 8 **THE BEAUMONT CENTRE FOR THE OVER SIXTIES** ## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 MARCH 2021** ## **11. MOVEMENT IN FUNDS - continued** Comparative net movement in funds, included in the above are as follows: |Incoming|Resources|Movement| |---|---|---| |resources|expended|in funds| |£|£|£| |**Unrestricted funds**||| |General fund
44,239|(49,064)|(4,825)| |**TOTAL FUNDS**
44,239|(49,064)|(4,825)| |A current year 12 months and prior year 12 months combined position is as follows:||| ||Net|| ||movement|At| |At 1.4.19|in funds|31.3.21| |£|£|£| |**Unrestricted funds**||| |General fund
59,685|2,219|61,904| |**TOTAL FUNDS**
59,685|2,219|61,904| A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: ||Incoming|Resources|Movement| |---|---|---|---| ||resources|expended|in funds| ||£|£|£| |**Unrestricted funds**|||| |General fund|81,982|(79,763)|2,219| |**TOTAL FUNDS**|81,982|(79,763)|2,219| continued... Page 9 **THE BEAUMONT CENTRE FOR THE OVER SIXTIES** ## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 MARCH 2021** ## **12. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 31 March 2021. Page 10 **THE BEAUMONT CENTRE FOR THE OVER SIXTIES** ## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 MARCH 2021** |**DETAILED STATEMENT OF FINANCIAL ACTIVITIES**
**for the Year Ended 31 MARCH 2021**||| |---|---|---| ||31.3.21|31.3.20| ||£|£| |**INCOME AND ENDOWMENTS**||| |**Donations and legacies**||| |Gifts|1|(1)| |Donations|8,392|10,238| ||8,393|10,237| |**Other trading activities**||| |Fundraising events|7,159|11,879| |Teas and refreshments|-|3,076| |Sales|-|373| |Meals|-|18,639| ||7,159|33,967| |**Investment income**||| |Other fixed asset invest - FII|-|9| |Deposit account interest|26|26| ||26|35| |**Other income**||| |JRS Grant|22,165|-| |**Total incoming resources**|37,743|44,239| |**EXPENDITURE**||| |**Other trading activities**||| |Opening stock|120|75| |Purchases|-|4,818| |Closing stock|(100)|(120)| ||20|4,773| |**Charitable activities**||| |Wages|24,791|36,173| |Rates and water|1,357|2,185| |Repairs & Renewals|-|626| |Light and heat|2,635|3,456| |Telephone|407|637| |Postage and stationery|-|207| |Laundry & cleaning|-|20| |Carried forward|29,190|43,304| This page does not form part of the statutory financial statements Page 11 ## **THE BEAUMONT CENTRE FOR THE OVER SIXTIES** |**DETAILED STATEMENT OF FINANCIAL ACTIVITIES**||| |---|---|---| |**for the Year Ended 31 MARCH 2021**||| ||31.3.21|31.3.20| ||£|£| |**Charitable activities**||| |Brought forward|29,190|43,304| |Sundries|23|129| ||29,213|43,433| |**Support costs**||| |**Governance costs**||| |Accountancy and legal fees|1,466|858| |Total resources expended|30,699|49,064| |**Net income/(expenditure)**|7,044|(4,825)| This page does not form part of the statutory financial statements Page 12