| Page | ||
|---|---|---|
| Report ofthe Trustees | 1 to | 4 |
| Independent Examiner's Report |
||
| Statement of Financial Activities | ||
| Balance Sheet | 7 to | 8 |
| Notes to the Financial Statements | 9 to | 18 |
| Detailed Statement of Financial Activities | 19 to | 20 |
| FOR T | HE YEAR END | ED 31DECEMBE | R 2020 | |||||
|---|---|---|---|---|---|---|---|---|
| 2020 | 2019 | |||||||
| Unrestricted | Restricted | Total | Total | |||||
| funds | funds | funds | funds | |||||
| Notes | E | f | E | f | ||||
| INCOME AND | ENDOWMENTS | FROM | ||||||
| Donations and |
legacies | 91,560 | 35,597 | 127,157 | 66,674 | |||
| Charitable activit, ies |
||||||||
| Day centre | 43,981 | 43,981 | 62,624 | |||||
| Other trading | activities | 5,042 | 5,042 | 4,540 | ||||
| Investment income |
7,947 | 7,947 | 8,363 | |||||
| Total | 148,530 | 35,597 | 184,127 | 142,201 | ||||
| EXPENDITURE | ON | |||||||
| Raising funds | 164 | 164 | 225 | |||||
| Charitable activities |
||||||||
| Day centre | 113,395 | 18,025 | 131,420 | 139,722 | ||||
| Other | 3,204 | 3,204 | 4,893 | |||||
| Total | 116,763 | 18,025 | 134,788 | 144,840 | ||||
| Net gains on investments | 16,522 | 16,522 | 41,815 | |||||
| NET INCOME | 48,289 | 17,572 | 65,861 | 39,176 | ||||
| Transfers between funds |
13 | |||||||
| Net movement | in funds | 48,288 | 17,573 | 65,861 | 39,176 | |||
| RECONCILIATION OF |
FUNDS | |||||||
| Total funds brought | forward | 299,830 | 14,269 | 314,099 | 274,923 | |||
| TOTAL FUNDS | CARRIED FORWARD | 348,118 | 31,842 | 379,960 | 314,099 |
| BALANCE SHEET | BALANCE SHEET | |||||
|---|---|---|---|---|---|---|
| 31DECEMBER 2020 | ||||||
| 2020 | 2019 | |||||
| Unrestricted | Restricted | Total | Total | |||
| funds | funds | funds | funds | |||
| Notes | E | f | E | E | ||
| FIXEDASSETS | ||||||
| Tangible assets | 9 | 5,674 | 23,552 | 29,226 | 17,703 | |
| investments | 10 | 274,866 | 274,866 | 258,345 | ||
| 280,540 | 23,552 | 304,092 | 276,048 | |||
| CURRENT ASSETS | ||||||
| Debtors | 1,699 | 1,699 | 5,569 | |||
| Cash at bank | and in hand | 71,879 | 8,290 | 80,169 | 34,336 | |
| 73,578 | 8,290 | 81,868 | 39,905 | |||
| CREDITORS | ||||||
| Amounts falling due within one year |
12 | (6,000) | (6,000) | (1,854) | ||
| NET CURRENT ASSETS | 67,578 | 8,290 | 75,868 | 38,051 | ||
| TOTAL ASSETS LESS CURRENT LIABILITIES | 348,118 | 31,842 | 379,960 | 314,099 | ||
| NET ASSETS | 348,118 | 31,842 | 379,960 | 314,099 | ||
| FUNDS | 13 | |||||
| Unrestricted | funds: | |||||
| General fund | 190,948 | 155,723 | ||||
| Legacies received | 157,170 | 144,107 | ||||
| 348,118 | 299,830 | |||||
| Restricted funds | 31,842 | 14,269 | ||||
| TOTAL FUNDS | 379,960 | 314,099 |
| 2020 | 2019 | |||||
|---|---|---|---|---|---|---|
| E | E | |||||
| Donations | 31,254 | 28,333 | ||||
| Grants | 95,903 | 38,341 | ||||
| 127,157 | 66,674 | |||||
| Grants received, | included | in the | above, are as follows: | |||
| 2020 | 2019 | |||||
| E | E | |||||
| Essex Community | Foundation | 7,000 | ||||
| National Lottery Awards -Community |
Fund | 20,539 | 10,000 | |||
| Goldman Sachs Gives |
10,000 | |||||
| Harebell Trust | 10,000 | |||||
| Bures Music Festival Charitable | Trust | 1,341 | ||||
| Government Furlough |
59,133 | |||||
| Esses County Council | 1,365 | |||||
| Diana Tilson Fund | 9,000 | |||||
| Edward Gosling Foundation |
5,000 | |||||
| Braintree District |
Council | 866 | ||||
| 95,903 | 38,341 |
| 3. | OTHER TRADING ACTIVITIES | ||||
| 2020 | 2019 | ||||
| E | |||||
| Fundraising events |
5,042 | 4,540 | |||
| 4. | INVESTMENT INCOME | ||||
| 2020 | 2019 | ||||
| E | E | ||||
| Dividends receivable |
7,913 | 8,277 | |||
| Deposit account interest | 34 | 86 | |||
| 7,947 | 8,363 | ||||
| 5. | NET INCOME/(EXPENDITURE) | ||||
| Net income/(expenditure) | is | stated after charging/(crediting): | |||
| 2020 | 2019 | ||||
| E | f | ||||
| Depreciation —owned assets |
6,434 | 4,825 | |||
| 6. | TRUSTEES' REMUNERATION | AND BENEFITS |
| 2020 | 2019 | |||
|---|---|---|---|---|
| Carers | 12 | 13 | ||
| No employees | received emoluments | in excess off60,000. |
| COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES |
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES |
|||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||
| funds | funds | funds | ||
| E | f | E | ||
| INCOME AND ENDOWMENTS | FROM | |||
| Donations and legacies |
49,673 | 17,001 | 66,674 | |
| Charitable activities |
||||
| Day centre | 62,624 | 62,624 | ||
| Other trading activities |
4,540 | 4,540 | ||
| Investment income |
8,363 | 8,363 | ||
| Total | 125,200 | 17,001 | 142,201 | |
| EXPENDITURE ON | ||||
| Raising funds | 225 | 225 | ||
| Charitable activities |
||||
| Day centre | 113,793 | 25,929 | 139,722 | |
| Other | 4,893 | 4,893 | ||
| Total | 118,911 | 25,929 | 144,840 | |
| Net gains on investments | 41,815 | 41,815 | ||
| NET INCOME/(EXPENDITURE) | 48,104 | (8,928) | 39,176 | |
| RECONCILIATION OF FUNDS |
||||
| Total funds brought forward | 251,726 | 23,197 | 274,923 | |
| TOTAL FUNDS CARRIED FORWARD | 299,830 | 14,269 | 314,099 |
| TANGIBLE FIXEDASSETS | |||||
|---|---|---|---|---|---|
| Improvements | |||||
| Long | to | Plant and | |||
| leasehold f |
property f |
machinery f |
|||
| COST | |||||
| At 1January 2020 | 45,378 | ||||
| Additions | 15,187 | 2,770 | |||
| At 31December 2020 | 45,378 | 15,187 | 2,770 | ||
| DEPRECIATION | |||||
| At 1January 2020 | 45,378 | ||||
| Charge for year | 2,278 | 415 | |||
| At 31December 2020 | 45,378 | 2,278 | 415 | ||
| NET BOOK VALUE | |||||
| At 31December 2020 | 12,909 | 2,355 | |||
| At 31December 2019 | |||||
| Fixtures | |||||
| and | Motor | Computer | |||
| fittings f |
vehicles f |
equipment f |
Totals f |
||
| COST | |||||
| At 1January 2020 | 47,260 | 34,275 | 4,076 | 130,989 | |
| Additions | 17,957 | ||||
| At 31December 2020 | 47,260 | 34,275 | 4,076 | 148,946 | |
| DEPRECIATION | |||||
| At 1January 2020 | 41,115 | 23,430 | 3,363 | 113,286 | |
| Charge for year | 922 | 2.712 | 107 | 6,434 | |
| At 31December 2020 | 42,037 | 26,142 | 3,470 | 119,720 | |
| NET BOOK VALUE | |||||
| At 31December 2020 | 5,223 | 8,133 | 606 | 29,226 | |
| At 31December 2019 | 6,145 | 10,845 | 713 | 17,703 |
| FOR THE YEAR ENDED 31DECEM | BER 2020 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 10. | FIXEDASSET INVESTMENTS | ||||||||
| Listed | |||||||||
| investments | |||||||||
| E | |||||||||
| IVIARKET VALUE | |||||||||
| At 1January 2020 | 258,345 | ||||||||
| Revaluations | 16,521 | ||||||||
| At 31December 2020 | 274,866 | ||||||||
| NET BOOK VALUE | |||||||||
| At 31December 2020 | 274,866 | ||||||||
| At 31December 2019 | 258,345 | ||||||||
| There were no investment | assets outside the UK. | ||||||||
| 11. | DEBTORS:AMOUNTS | FALLING DUE WITHIN ONE YEAR | |||||||
| 2020 | 2019 | ||||||||
| E | E | ||||||||
| Trade debtors | 901 | 5,262 | |||||||
| Other debtors | 798 | 307 | |||||||
| 1,699 | 5,569 | ||||||||
| 12. | CREDITORS: AMOUNTS | FALLING DUE WITHIN ONE YEAR | |||||||
| 2020 | 2019 | ||||||||
| E | f | ||||||||
| Accrued expenses | 6,000 | 1,854 | |||||||
| 13. | MOVEMENT IN FUNDS |
||||||||
| Net | Transfers | ||||||||
| movement | between | At | |||||||
| At 1/1/20 | in funds | funds | 31/12/20 | ||||||
| E | f | f | E | ||||||
| Unrestricted funds |
|||||||||
| General fund | 155,723 | 35,226 | (1) | 190,948 | |||||
| Legacies received | 144,107 | 13,063 | 157,170 | ||||||
| 299,830 | 48,289 | (1) | 348,118 | ||||||
| Restricted funds | |||||||||
| Minibus fund | 10,844 | (2,711) | 8,133 | ||||||
| Other Restricted | Fund | 3,425 | 14,440 | 17,866 | |||||
| Wages fund | 5,843 | 5,843 | |||||||
| 14,269 | 17,572 | 31,842 | |||||||
| TOTAL FUNDS | 314,099 | 65,861 | 379,960 |
| Net movement | Net movement | in | funds, included | funds, included | in the above are as follows: | |||
|---|---|---|---|---|---|---|---|---|
| Incoming | Resources | Gains and | Movement | |||||
| resources | expended | losses | in funds | |||||
| E | E | E | E | |||||
| Unrestricted | funds | |||||||
| General fund | 144,300 | (116,763) | 7,689 | 35,226 | ||||
| Legacies received | 4,230 | 8,833 | 13,063 | |||||
| 148,530 | (116,763) | 16,522 | 48,289 | |||||
| Restricted funds | ||||||||
| Minibus fund | (2,711) | (2,711) | ||||||
| Other Restricted | Fund | 21,597 | (7,157) | 14,440 | ||||
| Wages fund | 14,000 | (8,157) | 5,843 | |||||
| 35,597 | (18,025) | 17,572 | ||||||
| TOTAL FUNDS | 184,127 | (134,788) | 16,522 | 65,861 | ||||
| Comparatives | for movement | in | funds | |||||
| Net | ||||||||
| movement | At | |||||||
| At 1/1/19 | in funds | 31/12/19 | ||||||
| E | E | |||||||
| Unrestricted | funds | |||||||
| General fund | 132,751 | 22,972 | 155,723 | |||||
| Legacies received | 118,975 | 25,132 | 144,107 | |||||
| 251,726 | 48,104 | 299,830 | ||||||
| Restricted funds | ||||||||
| Minibus fund | 14,459 | (3,615) | 10,844 | |||||
| Other Restricted | Fund | 8,738 | (5,313) | 3,425 | ||||
| 23,197 | (8,928) | 14,269 | ||||||
| TOTAL FUNDS | 274,923 | 39,176 | 314,099 |
| Incoming | Resources | Gains | and | Movement | ||||
|---|---|---|---|---|---|---|---|---|
| resources | expended | losses | in funds | |||||
| f | f | f | f | |||||
| Unrestricted | funds | |||||||
| General fund | 121,017 | (118,911) | 20,866 | 22,972 | ||||
| Legacies received | 4,183 | 20,949 | 25,132 | |||||
| 125,200 | (118,911) | 41,815 | 48,104 | |||||
| Restricted funds | ||||||||
| IVlinibus fund | (3,615) | (3,615) | ||||||
| Other Restricted | Fund | 7,001 | (12,314) | (5,313) | ||||
| Wages fund | 10,000 | (10,000) | ||||||
| 17,001 | (25,929) | (8,928) | ||||||
| TOTAL FUNDS | 142,201 | (144,840) | 41,815 | 39,176 | ||||
| A current year 12months | and prior year 12months | combined | position is as follows: |
|||||
| Net | Transfers | |||||||
| movement | between | At | ||||||
| At 1/1/19 | in funds | funds | 31/12/20 | |||||
| f | f | f | f | |||||
| Unrestricted | funds | |||||||
| General fund | 132,751 | 58,198 | (1) | 190,948 | ||||
| Legacies received | 118,975 | 38,195 | 157,170 | |||||
| 251,726 | 96,393 | (1) | 348,118 | |||||
| Restricted funds | ||||||||
| Minibus fund |
14,459 | (6,326) | 8,133 | |||||
| Other Restricted | Fund | 8,738 | 9,127 | 17,866 | ||||
| Wages fund | 5,843 | 5,843 | ||||||
| 23,197 | 8,644 | 31,842 | ||||||
| TOTAL FUNDS | 274,923 | 105,037 | 379,960 |
| Incoming | Resources | Gains and | Movement | |||
|---|---|---|---|---|---|---|
| resources E |
expended f |
losses E |
in funds E |
|||
| Unrestricted | funds | |||||
| General fund | 265,317 | (235,674) | 28,555 | 58,198 | ||
| Legacies received | 8,413 | 29,782 | 38,195 | |||
| 273,730 | (235,674) | 58,337 | 96,393 | |||
| Restricted funds | ||||||
| Minibus fund | (6,326) | (6,326) | ||||
| Other Restricted | Fund | 28,598 | (19,471) | 9,127 | ||
| Wages fund | 24,000 | (18,157) | 5,843 | |||
| 52,598 | (43,954) | 8,644 | ||||
| TOTAL FUNDS | 326,328 | (279,628) | 58,337 | 105,037 |