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||||||Page No.|
|---|---|---|---|---|---|
|Report ofthe|Directors||||1-7|
|Independent|Auditors|Report|||8-11|
|Consolidated|Statement||of Financial|Activities|12|
|Consolidated|Balance|Sheet|||13|
|Consolidated|Statement||ofCash Flows||14|
|Notes to the|Financial|Statements|||15-22|
|Statement
of|Financial||Activities —Parent Company||23|
|Balance Sheet —Parent|||Company||24|
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||||Unrestricted|Designated|Restricted|Total|Notes||
|---|---|---|---|---|---|---|---|---|
||||Funds|Funds|Funds|Funds||2020|
|Income 8 Endowments
from:|||||||||
|Grants,
Donations
8 Legacies|||207,461||151,797|359,258|7|181,212|
|Other Trading
Activities|||224,039|||224,039|8|326,749|
|Investments:
interest, dividends, rents|||20,855|||20,855||30,866|
|Income from charitable
activities|||1,935,056|||1,935,056|9|2,915,145|
|Total|||2,387,411||151,797|2,539,208||3,453,972|
|Expenditure
on:|||||||||
|Raising Funds|||183,027|||183,027|10|300,648|
|Charitable
activities|||2,097,501||274,366|2,371,867|11|3,217,893|
|Total|||2,280,528||274,366|2,554,894||3,518,541|
|Net Income/(Expenditure)
before||gains and losses|106,883||(122,569)|(15,686)||(64,569)|
|on investment
assets|||||||||
|Gain/(Loss)
on investment
assets:|||||||||
|Realised Gain/(Loss)|||||||||
|Unreaslised
Gain/(Loss)|||21,774|||21,774|4|238,387|
|Total|||21,774|||21,774||238,387|
|Net Income/(Expenditure)|||128,657||(122,569)|6,088||173,818|
|Transfers|||||||||
|Gross transfers
between|funds||(107,000)|107,000|||||
|Net incoming
resources|before other||||||||
|recognised
gains and losses|||21,657|107,000|122,569|6,088||173,818|
|Other recognised
gains or losses|||||||||
|Pensions
Trust Deficit|||||||17||
|Net movement||in funds|21,657|107,000|122,569)|6,088||173,818|
|Reconciliation
of Funds|||||||||
|Total funds brought
forward|||3,698,575||327,524|4,026,099||3,852,281|
|Total Funds|carried forward||3,720,232|107,000|204,955|4,032,187||4,026,099|
##
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|||||||Total|Notes|Prior year|
|---|---|---|---|---|---|---|---|---|
|||||||Funds||total funds|
|||||||F||E|
|Fixed Assets|||||||||
|Tangible assets||||||2,901,545|3|2,944,957|
|Investments||||||838,172|4|816,398|
|Total Fixed|Assets|||||3,739,717||3,761,355|
|Current Assets|||||||||
|Debtors||||||211,487|5|183,003|
|Cash at bank and|in hand|||||615,428||594,366|
|Total Current Assets||||||826,915||777,369|
|Liabilities:|||||||||
|Creditors
falling due within||1|year|||534,445|6|512,625|
|Net Current|Assets|||||292,470||264,744|
|Total assets less current||||liabilities||4,032,187||4,026,099|
|Defined Benefit Pension Scheme||||Liability|||17||
|Net Assets|Including||Pension||Liability|4,032,187||4,026,099|
|Funds ofthe Foundation|||||||||
|Unrestricted
Income Funds||||||3,720,232|15|3,698,575|
|Designated
Income Funds||||||107,000|15||
|Restricted
Income|Funds|||||204,955|15|327,524|
|Total Foundation|Funds|||||4,032,187||4,026,099|
##
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||||||2021|2020|
|---|---|---|---|---|---|---|
||||||E|E|
|Net Cash Used in|operating|activities||(note 21)|22,234|176,546|
|Cash Flows from|investing|activities|||||
|Investment
Income
Purchase
of Fixed|Assets||||20,855
~22.027)|30,866
130,696)|
|Cash Provided
by|(used in)|investing||activities|1,172|99,830)|
|Increase (decrease)
in cash||and|cash|equivalents|||
|end ofthe period|||||21,062|76,716|
|Cash and cash equivalents
at||the|beginning
ofthe period||594,366|517,650|
|Total cash and cash equivalents|||at the end ofthe period||615,428|594,366|
|Held as:|||||||
|Cash at bank and|in hand||||615,428|594,366|
|Total cash and cash equivalents|||at the end ofthe period||615,428|594,366|
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|TANGIBLE ASSETS|||||||||
|---|---|---|---|---|---|---|---|---|
|||Freehold|Property|Under|Leasehold|Motor|Plant and|Total|
|||Property|Construction||Property|Vehicles|Equipment||
||||||(long)||||
||||||6||||
|COST|||||||||
|At 1 September
2020||2,632,736||39,278|583,649|323,301|549,175|4,128,139|
|Additions
in year||||18,720|||3,307|22,027|
|Disposals
in year|||||||||
|At 31 August 2021||2,632,736|57,998||583,649|323,301|552,482|4,150,166|
|DEPRECIATION|||||||||
|At 1 September 2020||40,660|||419,723|225,683|497,116|1,183,182|
|Charge for the year|||||22,385|29,829|13,225|65,439|
|Disposal s in year|||||||||
|At 31 August 2021||40,660|||442,108|255,512|510,341|1,248,621|
|NET BOOK VALUE|||||||||
|At 31 August 2021||2,592,076|57,998||141 541|67,789|42,141|2,901,545|
|At 31 August 2020||2,592,076|39,278||163,926|97,618|52,059|2,944,957|
|INVESTMENTS|||||||||
||||||||2021|2020|
||||||||6|f|
|Quoted investments:|||||||||
|Mid market value
1 September 2020 / 1 April 2019|||||||316,398|301,699|
|Investments
additions|||||||||
|Investments
disposals|||||||||
|Realised gain on investments|sold||||||||
|Unrealised
gain|||||||21,774|14,699|
|Mid market value 31 August 2021 / 31 August 2020|||||||338,172|316,398|
|Investment
property:|||||||||
|Mid market value
1 September 2020 / 1 April 2019|||||||500,000|276,312|
|Unrealised
gain||||||||223,688|
|Mid market value 31 August 2021 / 31 August 2020|||||||500,000|500,000|
|Total Investments|||||||838,172|816,398|
##
##
|5|DEBTORS|||||||||||2021f|2020
8|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||Trade debtors|||||||||||||
||School fees and other charitable||||fees receivable|||||||168,642|142,428|
||Other debtors and prepayments|||||||||||42,845|40,575|
|||||||||||||211,487|183,003|
|6|CREDITORS (due within one|||year)||||||||2021|2020|
|||||||||||||F||
||Tax and social security creditors|||||||||||35,756|32,568|
||Deferred
Income|||||||||||471,523|398,030|
||Other creditors|&accruals||||||||||27,166|82,027|
|||||||||||||534,445|512,625|
||Deferred income represents||cash received or debtors recognised||||||in respect of charitiable|activities to be undertaken||in future periods.||
|7|GRANTS & DONATIONS||||||||Unrestricted||Restricted|2021|2020|
|||||||||||Funds|Funds|Total|Total|
|||||||||||5|5|6|6|
||Donations|||||||||15,787|68,125|83,912|94,644|
||Grants|||||||||191,674|83,672|275,346|86,568|
|||||||||||207,461|151,797|359,258|181,212|
|8|OTHER TRADING ACTIVITIES||||||||Unrestricted||Restricted|2021|2020|
|||||||||||Funds|Funds|Total|Total|
|||||||||||6|6|6|5|
||Hire of Facilities|||||||||80,655||80,655|78,085|
||Sales Receipts|Subsidiary|Company|||(Charity Shops)||||143,384||143,384|248,664|
|||||||||||224,039||224,039|326,749|
|9|INCOME FROM CHARITABLE||||ACTIVITIES|||||||||
||||||||||Unrestricted||Restricted|2021|2020|
|||||||||||Funds|Funds|Total|Total|
|||||||||||E|6|6|6|
||Bramley
Hill Centre|||||||||214,485||214,485|482,419|
||Jean Garwood|House||||||||500,850||500,850|694,089|
||Rutherford
School|||||||||1,219,721||1,219,721|1,738,637|
|||||||||||1,935,056||1,935,056|2,915,145|
|10|COSTS OF RAISING FUNDS||||||||Unrestricted||Restricted|2021|2020|
|||||||||||Funds|Funds|Total|Total|
|||||||||||6|8|6|6|
||Direct staff and|administration||of charity shops||||||156,527||156,527|227,437|
||Rent and utilities ofhead office||||charged to charity shops|||||6,100||6,100|47,711|
||Direct staff and|admininstration|||costs ofAppeals||department|||20,400||20,400|25,500|
|||||||||||183,027||183,027|300,648|
|11|EXPENDITURE|ON CHARITABLE ACTIVITIES|||||(including|allocation ofsupport costs)||||||
||||||||||Unrestricted||Restricted|2021|2020|
|||||||||||Funds|Funds|Total|Total|
||||||||||||F|F|E|
||Bramley
Hill Centre|||||||||362,789|76,365|439,154|660,342|
||Jean Garwood|House||||||||462,698|75,953|538,651|772,444|
||Rutherford
School|||||||||1,272,014|122,048|1,394,062|1,785,107|
|||||||||||2,097,501|274,366|2,371,867|3,217,893|
##
||||||||NOTES TO THE CONSOLIDATED|NOTES TO THE CONSOLIDATED|NOTES TO THE CONSOLIDATED|NOTES TO THE CONSOLIDATED|NOTES TO THE CONSOLIDATED|FINANCIAL STATEMENTS (continued)|FINANCIAL STATEMENTS (continued)|FINANCIAL STATEMENTS (continued)||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||Forthe year ended 31stAugust 2021|||||||||
|12|SUPPORT COSTS (included
in Note 11)|||||||||||||||||
|||||||||||||||Jean||||
||||||||||||||Bramley
Hill|Garwood||Rutherford||
||||||||||||||Centre|House||School|Total|
||||||||||||||||||2021|
||||||||||||||E|E||F||
||Administration|||Staff Costs|||||||||43,874|43,874||43,874|131,622|
||Information
Technology||||||||||||722|722||722|2,166|
||Governance||Costs||||||||||2,906|2,906||2,906|8,718|
||Caravan|Depreciation|||&Expenses||||||||2,082|2,082||2,082|6,246|
||Other costs||||||||||||19,097|19,097||19,097|57,291|
||Rent of|head||office and||utilities charged to charity shops (note 10)|||||||2,033|2,034||2,034|6,100|
||Total Support|||Costs for the|||year ended 31st August 2021:||||||66,648|66,647||66,647|199,943|
||Total Support|||Costs for the|||period ended|31st|August 2020:||||58,795|58,794||58,794|176,383|
||Support|costs||are allocated|||to operating|units|in equal proportions.|||||||||
|13|STAFF|COSTS||||||||||||||||
||||||||||||||Group|Company||Group|Company|
||These costs
"Expenditure||are induded
in "Costs of raising funds" and
on charitable
activities" and consist of:||||||||||2021
E|2021
E||2020f|2020
E|
||||||||Salaries and wages||||||1,703,671|1,613,594||2,376,871|2,244,601|
||||||||Social security|costs|||||143,737|137,192||189,507|179,872|
||||||||Pension costs||||||50,960|48,846||78,616|75,842|
||||||||||||||1,898,368|1,799,632||2,644.994|2,500,315|
||Included|in salaries and||||pension costs above|||are employee||and employer|contributions|(respectively)|to the defined|contribution|||
||pension|schemes
referred|||||to in Accounting
Policies (Note|||1i).||||||||
||||||||||||||Group|Company||Group|Company|
||The estimated|||average||number
of employees;|||||||2021|2021||2020|2020|
||||||||||||||Number|Number||Number|Number|
||||||||Direct charitable
activities||||||58|58||73|73|
||||||||Direct staff and administration|||of|charity shops||8|||9||
||||||||Management|and administration|||||9|||9||
||||||||Appeals||||||1|||1||
||||||||||||||76|||92|83|
|NET INCOME
/ EXPENDITURE FOR THE YEAR|NET INCOME
/ EXPENDITURE FOR THE YEAR|||||2021f|2020
K|
|---|---|---|---|---|---|---|---|
|This is stated after charging
the following:||||||||
|Depreciation||||||65,439|81,747|
|Operating
lease payments
recognised as an expense||||||34,215|45,254|
|Auditors
Remuneration
- audit ofthese financial|statements|||||6,500|6,500|
|Auditors
Remuneration
-other services (audit of|subsidiary,|interim|accounts,|advising|generally)|2,075|7,130|
##
##
|||||||Balance|Movement|in resources:|in resources:|||||||Balance|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|~td& F||d||||01-Sep-20
6
3,698,575|Incoming
5
2,409,185||Outgoing
5
2,280,528||Transfers
f
107,000|||||31-Aug-21
5
3,720,232|
|~Di
tdF|d~|||||||||||107,000||||107,000|
|Restricted
Funds|||||||||||||||||
|RS Donations|&|Legacies||||81,479|57,836||(109,405)|||||||29,910|
|JGH Donations|& Legacies|||||26,337|43,351||(69,688)||||||||
|BH Donations|&|Legacies||||36,682|30,289||(66,971)||||||||
|IT Admin
Expenditure||||||4,500||||||||||4,500|
|Hydrotherapy
Pool||||||98,626||||||||||98,626|
|Minibus
Fund||||||79,900|||(21,955)|||||||57,945|
|PPE Fund|||||||20,321||(6,347)|||||||13,974|
|||||||327,524|151,797||274,366|||||||204,955|
|Total||||||4,026,099|2,560,982||2,554,894|||||||4,032,187|
|Comparaitve
movements|||in|funds:|||||||||||||
|||||||Balance|Movement|in resources:||||||||Balance|
|||||||01-Sep-20|Incoming||Outgoing||Transfers|||||31-Aug-21|
|||||||6|E||5|||5||||5|
|Unrestricted
Funds||||||3,576,870|3,601,566||(3,472,082)|||(7,779)||||3,698,575|
|Restricted Funds||||||275,411|90,793||46,459||||7,779|||327,524|
|Total||||||3,852,281|3,692,359||3,518,541|||||||4,026,099|
|Description
ofDesignated||||and Restricted|Funds||||||||||||
|Designated
Fund||||||Unrestricted
funds designated||for the 19-25Project.|||||||||
|RS Donations|&|Legacies:||||Donations
and|legacies restricted||for the benefit|of Rutherford|||||School.||
|JGH Donations|&Legacies:|||||Donations
and|legacies restricted||for the benefit|ofJean|||Garwood|||House.|
|BH Donations|&|Legacies:||||Donations
and|legacies restricted||for the benefit|of Bramley||||Hill.|||
|IT Admin
Expenditure:||||||Donations
restricted
to cover||costs of IT expenditure.|||||||||
|Hydrotherapy|Pool:|||||Donations
restricted
to cover||costs of construction|||of|the Hydrotherapy
Pool (Part ofthe "19-25 F|||||
|Minibus
Fund:||||||The net book value of minibuses|||purchased
with||grants||received|||to fund their purchase.|
|PPE Fund||||||Grants restricted to cover the||costs ofPersonal||Protective||||Equipment|||
##
||||F.
d **A**
Tangible
Fixed
ssets|F.
d **A**
Tangible
Fixed
ssets|Investments|Debtors|Cash|Creditors|Net Assets|
|---|---|---|---|---|---|---|---|---|---|
|||||||6|6|6|5|
|Unrestricted||||2,755,691|838,172|211,487|449,326|(534,445)|3,720,231|
|Designated|||||||107,000||107,000|
|RS Donations||& Legacies||29,910|||||29,910|
|JGH Donations||&Legacies||||||||
|BH Donations||&Legacies||||||||
|IT Admin
Expenditure|||||||4,500||4,500|
|Hydrotherapy||Pool||57,998|||40,628||98,626|
|Minibus
Fund||||57,946|||||57,946|
|PPE General|Fund||||||13,974||13,974|
|Total||||2,901,545|838,172|211,487|615,428|534,445|4,032,187|
##
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||||Unrestricted|Designated|Restricted|Total||
|---|---|---|---|---|---|---|---|
||||Funds|Funds|Funds|Funds|2020|
||||||E|F||
|Income & Endowments
from:||||||||
|Grants,
Donations
&Legacies|||140,903||151,797|292,700|141,184|
|Donation
from Trading
Subsidiary|||47,316|||47,316|13,672|
|Other Trading
Activities|||80,655|||80,655|78,085|
|Investments:
interest, dividends, rents|||20,854|||20,854|30,738|
|Income from charitable|activities||1,935,056|||1,935,056|2,915,145|
|Total|||2,224,784||151,797|2,376,581|3,178,824|
|Expenditure
on:||||||||
|Raising
Funds|||20,400|||20,400|25,500|
|Charitable
activities|||2,097,501||274,366|2,371,867|3,217,893|
|Total|||2,117,901||274,366|2,392,267|3,243,393|
|Net Income/(Expenditure)
before||gains and losses|106,883||(122,569)|(15,686)|(64,569)|
|on investment
assets||||||||
|Gain/Loss
on investment
assets||||||||
|Realised Gain/(Loss)||||||||
|Unreaslised
Gain/(Loss)|||21,774|||21,774|238,387|
|Total|||21,774|||21,774|238,387|
|Net Income/(Expenditure)|||128,657||(122,569)|6,088|173,818|
|Transfers||||||||
|Gross transfers
between|funds||(107,000)|107,000||||
|Net incoming
resources|before other|||||||
|recognised
gains and losses|||21,657|107,000|(122,569)|6,088|173,818|
|Other recognised
gains or losses||||||||
|Pensions
Trust Deficit||||||||
|Net movement||in funds|21,657|107,000|(122,569)|6,088|173,818|
|Reconciliation
of Funds||||||||
|Total funds brought
forward|||3,698,575||327,524|4,026,099|3,852,281|
|Total Funds carried forward|||3,720,232|107,000|204,955|4,032,187|4,026,099|
##
##
|||||||Total|Prior year|
|---|---|---|---|---|---|---|---|
|||||||Funds|total funds|
|||||||F||
|Fixed Assets||||||||
|Tangible assets||||||2,901,545|2,944,957|
|Investments||||||838,174|816,400|
|Total Fixed|Assets|||||3,739,719|3,761,357|
|Current Assets||||||||
|Debtors||||||433,849|306,111|
|Cash at bank and|in hand|||||389,639|464,903|
|Total Current Assets||||||823,488|771,014|
|Liabilities:||||||||
|Creditors
falling due within||1|year|||531,020|506,272|
|Net Current|Assets|||||292,468|264,742|
|Total assets less current||||liabilities||4,032,187|4,026,099|
|Defined Benefit Pension Scheme||||Liability||||
|Net Assets|Including||Pension||Liability|4,032,187|4,026,099|
|Funds ofthe Foundation||||||||
|Unrestricted
Income Funds||||||3,720,232|3,698,575|
|Designated
Income Funds||||||107,000||
|Restricted
Income|Funds|||||204,955|327,524|
|Total Foundation|Funds|||||4,032,187|4,026,099|
|Frank Newton||||||||
||||||||Directors|
|John Newton||||||||