| Page | ||||
|---|---|---|---|---|
| Report ofthe Trustees | 1 | to | 3 | |
| Report ofthe Independent Auditors |
4 | to | 7 | |
| Statement ofFinancial | Activities | |||
| Balance Sheet | ||||
| Notes to the Financial | Statements | 10 | to | 16 |
| Detailed Statement of | Financial Activities | 17 | to | 18 |
| FORTHE Y | EAR END | ED 31STDECE | MBER 2021 | |||
|---|---|---|---|---|---|---|
| 31.12.21 | 31.12.20 | |||||
| Unrestricted | Restricted | Total | Total | |||
| fund | fund | funds | funds | |||
| Notes | f. | |||||
| INCOME AND ENDOWMENTS FROM | ||||||
| Donations and legacies |
436 | 26,796 | 27,232 | 29,101 | ||
| Other trading activities | 201,399 | 201,399 | 144,965 | |||
| Investment income |
4 | 4 | 16 | |||
| Other income | 77,386 | 77,386 | 56,127 | |||
| Total | 279,225 | 26,796 | 306,021 | 230,209 | ||
| EXPENDITURE ON | ||||||
| Raising funds | 182,098 | 182,098 | 150,499 | |||
| Other | 98,281 | 7,604 | 105,885 | 94,178 | ||
| Total | 280,379 | 7,604 | 287,983 | 244,677 | ||
| NET INCOME/(EXPENDITURE) | (1,154) | 19,192 | 18,038 | (14,468) | ||
| Transfers between funds | 14 | 20,172 | (20,172) | |||
| Net movement in funds |
19,018 | (980) | 18,038 | (14,468) | ||
| RECONCILIATION | OF FUNDS | |||||
| Total funds brought | forward | 22,917 | 66,138 | 89,055 | 103,523 | |
| TOTAL FUNDS CARRIED FORWARD | 41,935 | 65,158 | 107,093 | 89,055 |
| 31STDE | CEMBER2021 | ||||
|---|---|---|---|---|---|
| 31.12.21 | 31.12.20 | ||||
| Unrestricted | Restricted | Total | Total | ||
| fund | fund | funds | funds | ||
| Notes | |||||
| FIXEDASSETS | |||||
| Tangible assets | 7,781 | 457,588 | 465,369 | 509,256 | |
| CURRENT ASSETS | |||||
| Debtors | 8 | 13,761 | 13,761 | 8,396 | |
| Cash at bank and in hand | 43,770 | 43,770 | 25,610 | ||
| 57,531 | 57,531 | 34,006 | |||
| CREDITORS | |||||
| Amounts falling due within one year |
9 | (23,377) | (23,377) | (18,490) | |
| NET CURRENT ASSETS | 34,154 | 34,154 | 15,516 | ||
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 41,935 | 457,588 | 499,523 | 524,772 | |
| CREDITORS | |||||
| Amounts falling due after more than one year |
10 | (151,263) | (151,263) | (167,753) | |
| ACCRUALS AND DEFERRED INCOME | 13 | (241,167) | (241,167) | (267,964) | |
| NETASSETS | 41,935 | 65,158 | 107,093 | 89,055 | |
| FUNDS | 14 | ||||
| Unrestricted funds |
41,935 | 22,917 | |||
| Restricted funds | 65,158 | 66,138 | |||
| TOTAL FUNDS | 107,093 | 89,055 |
| 31.12.21 | 31.12.20 | ||
|---|---|---|---|
| Hall hire | 11,732 | 3,868 | |
| Occupation | licence | 23,000 | 24,717 |
| Membership and guest fees |
6,106 | 812 | |
| Playgroup | 88,672 | 83,710 | |
| Activities | and entertainments | 5,952 | 3,008 |
| RafBes and lotteries | 3,948 | 2,603 | |
| Contributions from activities |
8,610 | 7,720 | |
| Electricity | recharged to Vodafone | 13,245 | 13,254 |
| Pool table | and video machine | 1,612 | 602 |
| Deed ofcovenant | 31,000 | ||
| Catering | 2,730 | 1,752 | |
| Consulting | charges reimbursed | 4,792 | 2,919 |
| 201,399 | 144,965 | ||
| INVESTMKNT INCOME | |||
| 31.12.21 | 31.12.20 | ||
| f | f. | ||
| Deposit account interest | 4 | 16 |
| 31.12.21 | 31.12.20 | |
|---|---|---|
| Office | 3 | 2 |
| Cleaning | 3 | I |
| Playgroup | 6 | 7 |
| Door | I | I |
| 13 |
| COMPARATIVES FOR THE STATEMENT | COMPARATIVES FOR THE STATEMENT | COMPARATIVES FOR THE STATEMENT | OFFINANCIAL | ACTIVITIES | |||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | |||||
| fund | fund | funds | |||||
| f | |||||||
| INCOME AND ENDOWMENTS | FROM | ||||||
| Donations and legacies |
2,304 | 26,797 | 29,101 | ||||
| Other trading acfivities | 144,965 | 144,965 | |||||
| Investment income |
16 | 16 | |||||
| Other income | 56,127 | 56,127 | |||||
| Total | 203,412 | 26,797 | 230,209 | ||||
| EXPENDITURE ON | |||||||
| Raising funds | 150,499 | 150,499 | |||||
| Other | 85,808 | 8,370 | 94,178 | ||||
| Total | 236,307 | 8,370 | 244,677 | ||||
| NKT INCOME/(EXPENDITURE) | (32,895) | 18,427 | (14,468) | ||||
| Transfers between funds |
60,990 | (60,990) | |||||
| Net movement in funds |
28,095 | (42,563) | (14,468) | ||||
| RECONCILIATION | OFFUNDS | ||||||
| Total funds brought | forward | (5,178) | 108,701 | 103,523 | |||
| TOTAL FUNDS CARRIED FORWARD | 22,917 | 66,138 | 89,055 | ||||
| 7. | TANGIBLE FIXEDASSETS | ||||||
| Fixtures | |||||||
| Freehold | Freehold | slid | Office | ||||
| property | improvements | fittings | equipment f, |
Totals f |
|||
| COST | |||||||
| At 1stJanuary 2021 | 145,214 | 827,268 | 40,744 | 57,966 | 1,071,192 | ||
| Additions | 4,546 | 4,546 | |||||
| At 31stDecember 2021 | 145,214 | 827,268 | 45,290 | 57,966 | 1,075,738 | ||
| DEPRECIATION | |||||||
| At 1stJanuary 2021 | 58,083 | 412,544 | 33,343 | 57,966 | 561,936 | ||
| Charge for year | 2,904 | 41,363 | 4,166 | 48,433 | |||
| At 31stDecember 2021 | 60,987 | 453,907 | 37,509 | 57,966 | 610,369 | ||
| NKT BOOK VALUE | |||||||
| At 31stDecember 2021 | 84,227 | 373,361 | 7,781 | 465,369 | |||
| At 31stDecember 2020 | 87,131 | 414,724 | 7,401 | 509,256 |
| 8. | DEBTORS:AMOUNTS FALLING DUE WITHIN ONK YEAR | ||
|---|---|---|---|
| 31.12.21 | 31.12.20 | ||
| f, | f. | ||
| Trade debtors | 2,304 | 2,125 | |
| Prepayments | 11,457 | 6,271 | |
| 13,761 | 8,396 | ||
| 9. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
| 31.12.21 | 31.12.20 | ||
| Trade creditors | 11,321 | 2,391 | |
| Taxation and social security | 3,042 | 2,032 | |
| Other creditors | 9,014 | 14,067 | |
| 23,377 | 18,490 | ||
| 10. | CREDITORS: AMOUNTS FALLING DUE AFTERMORE THAN ONE YEAR | ||
| 31.12.21 | 31.12.20 | ||
| Other creditors | 151,263 | 167,753 | |
| 11. | LOANS | ||
| An analysis ofthe maturity ofloans is given below: | |||
| 31.12.21 | 31.12.20 | ||
| f. | |||
| Amounts falling due in more than five years: |
|||
| Repayable by instalments: |
|||
| Mortgage - Barclays Bank pic | 151,263 | 167,753 | |
| 12. | SECURED DEBTS | ||
| A charge dated 9March 2010exists over the I'reehold premises to secure monies advanced by | Barclays Bank pic | ||
| to the charity. | |||
| 13. | ACCRUALS AND DEFERRED INCOME | ||
| 31.12.21 | 31.12.20 | ||
| f | |||
| Building Project grants - The Big Lottery Fund | 222,267 | 246,964 | |
| Other Building Project grants | 18,900 | 21,000 | |
| 241,167 | 267,964 |
| MOVEMENT | IN FUNDS | |||||
|---|---|---|---|---|---|---|
| Net | Transfers | |||||
| movement | between | At | ||||
| At 1.1.21 | in funds | funds | 31.12.21 | |||
| Unrestricted | funds | |||||
| General fund | 22,917 | (1,154) | 20,172 | 41,935 | ||
| Restricted funds | ||||||
| Building Project Fund | 66,138 | 19,192 | (20,172) | 65,158 | ||
| TOTAL FUNDS | 89,055 | 18,038 | 107,093 | |||
| Net movement | in funds, included | in the above are as follows: | ||||
| Incoming | Resources | Movement | ||||
| resources | expended | in funds | ||||
| f. | ||||||
| Unrestricted | funds | |||||
| General fund | 279,225 | (280,379) | (1,154) | |||
| Restricted funds | ||||||
| Building Project Fund | 26,796 | (7,604) | 19,192 | |||
| TOTAL FUNDS | 306,021 | (287,983) | 18,038 | |||
| Comparatives | for movement | in | funds | |||
| Net | Transfers | |||||
| movement | between | At | ||||
| At 1.1.20 | in funds | funds | 31.12.20 | |||
| f | ||||||
| Unrestricted | funds | |||||
| General fund | (5,178) | (32,895) | 60,990 | 22,917 | ||
| Restricted funds | ||||||
| Building Project Fund | 108,701 | 18,427 | (60,990) | 66,138 | ||
| TOTAL FUNDS | 103,523 | (14,468) | 89,055 |
| Incoming | Resources | Movement | ||||
|---|---|---|---|---|---|---|
| resources | expended | in funds | ||||
| Unrestricted | funds | |||||
| General | fund | 203,412 | (236,307) | (32,895) | ||
| Restricted funds | ||||||
| Building | Project Fund | 26,797 | (8,370) | 18,427 | ||
| TOTAL | FUNDS | 230,209 | (244,677) | (14,468) | ||
| A current | year | 12months | and prior year 12months combined | position is as follows: | ||
| Net | Transfers | |||||
| movement | between | At | ||||
| At 1.1.20 | in funds | funds | 31.12.21 | |||
| 6 | ||||||
| Unrestricted | funds | |||||
| General | fund | (5,178) | (34,049) | 81,162 | 41,935 | |
| Restricted funds | ||||||
| Building | Project Fund | 108,701 | 37,619 | (81,162) | 65,158 | |
| TOTAL | FUNDS | 103,523 | 3,570 | 107,093 |
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended f, |
in funds f |
|
| Unrestricted funds |
|||
| General fund | 482,637 | (516,686) | (34,049) |
| Restricted funds | |||
| Building Project Fund | 53,593 | (15,974) | 37,619 |
| TOTAL FUNDS | 536,230 | (532,660) | 3,570 |
| FOR THE YEAR ENDED 31STD | ECEMBER2021 | ||
|---|---|---|---|
| 31.12.21 | 31.12.20 | ||
| INCOME AND ENDOWMENTS | |||
| Donations and legacies |
|||
| Building Project grants - The BigLottery Fund | 24,697 | 24,697 | |
| Other Building Project grants | 2,099 | 2,101 | |
| Donated services and facilities | 436 | ||
| Co-op Community fund |
2,303 | ||
| 27,232 | 29,101 | ||
| Other trading activities | |||
| Hall hire | 11,732 | 3,868 | |
| Occupation licence |
23,000 | 24,717 | |
| Membership and guest fees |
6,106 | 812 | |
| Playgroup | 88,672 | 83,710 | |
| Activities and entertauunents | 5,952 | 3,008 | |
| Raffles and lotteries | 3,948 | 2,603 | |
| Contributions &om activities |
8,610 | 7,720 | |
| Electricity recharged to Vodafone | 13,245 | 13,254 | |
| Pool table and video machine | 1,612 | 602 | |
| Deed ofcovenant | 31,000 | ||
| Catering | 2,730 | 1,752 | |
| Consulting charges reimbursed |
4,792 | 2,919 | |
| 201,399 | 144,965 | ||
| Investment income |
|||
| Deposit account interest | 16 | ||
| Other income | |||
| Covid grant | 19,717 | 11,334 | |
| CJRS grant | 27,669 | 44,793 | |
| Insurance claim |
30,000 | ||
| 77,386 | 56,127 | ||
| Total incoming resources | 306,021 | 230,209 | |
| EXPENDITURE | |||
| Raising donations and legacies |
|||
| Rates, water and insurance | 12,155 | 6,242 | |
| Light and heat | 18,544 | 16,553 | |
| Cleaning and laundry |
4,031 | 2,326 | |
| Repairs to premises | 17,772 | 3,387 | |
| 52,502 | 28,508 | ||
| Other trading activities | |||
| Activity and entertainment | costs | 12,602 | 9,521 |
| Carried forward | 12,602 | 9,521 |
| DETAILED STATEMENT OF FINANCIAL ACTIVITIES | ||||
|---|---|---|---|---|
| FOR THE YEAR ENDED 31STDECEMBER 2021 | ||||
| 31.12.21 | 31.12.20 | |||
| Other trading activities |
||||
| Brought forward | 12,602 | 9,521 | ||
| Catering costs | 2,729 | 1,579 | ||
| Wages and salaries - playgroup | 72,009 | 68,840 | ||
| Pensions | 893 | 798 | ||
| Improvements to property |
41,363 | 41,253 | ||
| 129,596 | 121,991 | |||
| Support costs | ||||
| Management | ||||
| Administrative salaries |
75,092 | 67,772 | ||
| Pensions | 641 | 447 | ||
| Equipment leasing |
2,103 | 1,485 | ||
| Postage, stationery | and | telephone | 2,966 | 2,014 |
| Computer running |
costs | 1,962 | 1,392 | |
| Sundries | 4,393 | 3,600 | ||
| Legal and professional | charges | 2,238 | 1,468 | |
| 89,395 | 78,178 | |||
| Finance | ||||
| Bank charges | 481 | 820 | ||
| Mortgage | 4,700 | 5,466 | ||
| 5,181 | 6,286 | |||
| Human resources |
||||
| Advertising and marketing |
231 | 241 | ||
| Other | ||||
| Freehold property | 2,904 | 2,904 | ||
| Fixtures and fittings | 4,166 | 3,358 | ||
| 7,070 | 6,262 | |||
| Governance costs |
||||
| Auditors' remuneration |
4,008 | 3,211 | ||
| Total resources expended | 287,983 | 244,677 | ||
| Net income/(expenditure) | 18,038 | (14,468) |