| AGE CONCERN SHANICLIN GROUP | Charity No. 274171 |
|---|---|
| FINANCIAL STATEMENTS | |
| YEAR ENDED 31 MARCH 2021 | |
| CONTENTS | PAGES |
| Independent Examiner's Report | 1 |
| Statement o f Financial Activities | 2 |
| Balance Sheet | 3 |
| Notes to the Financial Statements | 4 to 8 |
| The following pages do not form part o f the Financial Statements | |
| Detailed Statement o f Financial Activities | 10 to 11 |
| Unrestricted | Restricted, | Total Funds | Total Funds | ||
|---|---|---|---|---|---|
| Funds | Funds | 2021 | 2020 | ||
| Note | |||||
| INCOMING RESOURCES | |||||
| Incoming resources from | |||||
| generating funds: | |||||
| Voluntary income | 2 | 4,236 | 0 | 4,236 | 2,915 |
| Activities for generating | |||||
| funds | 3 | 40 | 0 | 40 | 6,329 |
| Investment income | 4 | 23 | 0 | 23 | 45 |
| Incoming resources from | |||||
| charitable activities | 5 | 762 | 0 | 762 | 19,669 |
| TOTAL INCOMING | |||||
| RESOURCES | 5,061 | 0 | 5,061 | 28,958 | |
| RESOURCES EXPENDED | |||||
| Costs of generating funds: | |||||
| Costs of generating | |||||
| voluntary income | 6 | 0 | 0 | 0 | 0 |
| Charitable activities | 7 | 11,420 | 0 | 11,420 | 31,820 |
| Governance costs | 8 | 1,821 | 0 | 1,821 | 1,508 |
| TOTAL RESOURCES | |||||
| EXPENDED | −13,241 | 0 | −13,241 | −33,328 | |
| NET (OUTGOING)/INCOMING | |||||
| RESOURCES FOR THE | |||||
| YEAR | 9 | −8,179 | −11 | −8,190 | −4,370 |
| RECONCILIATION OF FUNDS | |||||
| Total funds brought forward | 211,262 | 71 | 211,333 | 215,703 | |
| TOTAL FUNDS CARRIED | |||||
| FORWARD | 203,083 | 60 | 203,143 | 211,333 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| Note | ||||
| FIXED ASSETS | ||||
| Tangible assets | 12 | 111,265 | 114,193 | |
| 111,265 | 114,193 | |||
| CURRENT ASSETS | ||||
| Stocks | 0 | 354 | ||
| Debtors | 13 | 1,184 | 1,101 | |
| Cash at bank and in hand | 14 | 91,294 | 96,300 | |
| 92,478 | 97,755 | |||
| CREDITORS: Amounts falling due | ||||
| within one year | 15 | −600 | 615− | |
| NET CURRENT ASSETS | 91,878 | 97,140 | ||
| **TOTAL ASSETS LESS CURRENT ** | LIABILITIES | 203,143 | 211,333 | |
| FUNDS | ||||
| Restricted income funds | 16 | 60 | 71 | |
| Unrestricted income funds | 17 | 203,083 | 211,262 | |
| 203,143 | 211,333 |
| ver the useful economic life o f | that asse | t as follows: |
|---|---|---|
| Land and buildings | − | Nil (Stated at valuation) |
| Furniture and furnishings | − | 15% On written down value |
| LT Equipment | 25% on written down value | |
| Minibus | 10% On cost |
| Unrestricted | Unrestricted | Total Funds | Total Funds | Total Funds | |
|---|---|---|---|---|---|
| Funds | 2021 | 2020 | |||
| Donations | 825 | 825 | 2,915 | ||
| 825 | 825 | 2,915 |
| Unrestricted | Total Funds | Total Funds | |
|---|---|---|---|
| Funds | 2021 | 2020 | |
| £ | |||
| Outings & holidays | 0 | 0 | 1,632 |
| Sale o f lease | 0 | 0 | 1,755 |
| Coffee mornings and fund raising | 40 | 40 | 1,943 |
| Raffles | 0 | 0 | 999 |
| 40 | 40 | 6,329 |
| INVE | STME | NT INCOME | |||
|---|---|---|---|---|---|
| Unrestricted | Total Funds | Total Funds | |||
| Funds | 2021 | 2020 | |||
| £ | £ | £ | |||
| Bank | interest | receivable | 23 | 23 | 45 |
| 23 | 23 | 34 |
| Unrestricted | Unrestricted | Unrestricted | Total Funds | Total Funds | ||||
|---|---|---|---|---|---|---|---|---|
| Funds | 2021 | 2020 | ||||||
| £ | £ | £ | ||||||
| Lunches, refreshments etc. | 492 | 492 | 15,253 | |||||
| Minibus receipts | 0 | 0 | 3,339 | |||||
| Shopping | 270 | 270 | 0 | |||||
| Games/Activities | 0 | 0 | 362 | |||||
| Subscriptions | 0 | 0 | 715 | |||||
| 762 | 762 | 19,669 | ||||||
| 6 | **COSTS OF GENERATING ** | VOLUNTARY INCOME | ||||||
| Unrestricted | Total Funds | Total Funds | ||||||
| Funds | 2021 | 2020 | ||||||
| £ | £ | £ | ||||||
| Raffles prizes etc. | 0 | 0 | 0 | |||||
| 7 | **COSTS OF CHARITABLE ** | **ACTIVITIES ** | **BY ** | **FUND ** | TYPE | |||
| Unrestricted | Restricted | Total Funds | Total Funds | |||||
| Funds | Funds | 2021 | 2020 | |||||
| £ | £ | £ | £ | |||||
| Catering costs | 30,214 | 0 | 30,214 | 27,307 | ||||
| Outings & holidays | 0 | 0 | 0 | 272 | ||||
| Minibus | 1,606 | 0 | 1,606 | 4,241 | ||||
| 31,820 | 0 | 31,820 | 31,820 |
| 8 | GOVERNANCE COSTS | GOVERNANCE COSTS | ||
|---|---|---|---|---|
| Unrestricted | Total Funds | Total Funds | ||
| Funds | 2021 | 2020 | ||
| £ | £ | £ | ||
| Accountancy fees | 600 | 600 | 600 | |
| Telephone (net o f collections) | 553 | 553 | 564 | |
| Printing, postage and stationery | 14 | 14 | 171 | |
| Sundry expenses | 653 | 653 | 173 | |
| 1,821 | 1,821 | 1,508 | ||
| 9 | NET OUTGOING RESOURCES FOR THE YEAR | |||
| This is stated after charging: | ||||
| 2021 | 2020 | |||
| £ | £ | |||
| Depreciation | 2,928 | 3,132 | ||
| 10 | STAFF COSTS AND EMOLUMENTS | |||
| 2021 | 2020 | |||
| £ | £ | |||
| Wages and salaries | 2,367 | 7,963 |
| 2021 | 2020 | ||
|---|---|---|---|
| Number o f production | staff (Chefs) | 1 | 1 |
| Freehold | Fixtures & | LT | Motor | ||
|---|---|---|---|---|---|
| Property | Fittings | Equip | Vehicles | Total | |
| £ | £ | £ | £ | ||
| COST | |||||
| At 1 April 2020 | 97,948 | 35,126 | 720 | 25,609 | 159,403 |
| Additions | 0 | 0 | 0 | 0 | 0 |
| Disposals | 0 | 0 | 0 | 0 | 0 |
| At 31 March 2021 | 97,948 | 35,126 | 720 | 25,609 | 159,403 |
| DEPRECIATION | |||||
| At 1 April 2020 | 0 | −28,404 | −417 | −16,389 | −45,210 |
| Charge for the year | 0 | −1,008 | −76 | −1,844 | −2,928 |
| Disposals | 0 | 0 | 0 | 0 | 0 |
| At 31 March 2021 | 0 | −29,412 | −493 | −18,233 | −48,138 |
| NET BOOK VALUE | |||||
| At 31 March 2021 | 97,948 | 5,714 | 227 | 7,376 | 111,265 |
| At 31 March 2020 | 97,948 | 6,722 | 303 | 9,220 | 114,193 |
| 13 | DEBTORS | ||
|---|---|---|---|
| 2021 | 2020 | ||
| £ | £ | ||
| Prepayments | 1,184 | 1,101 | |
| 14 | CASH AT BANK AND IN HAND | ||
| 2021 | 2020 | ||
| £ | £ | ||
| Instant Savings No 1 | 7,658 | 10,451 | |
| Restricted Funds account | 80,057 | 80,036 | |
| Bank current account | 3,079 | 5,313 | |
| Cash in hand | 500 | 500 | |
| 91,294 | 96,300 |
| 15 | one CREDITORS: Amounts falling due within |
one CREDITORS: Amounts falling due within |
year | |||
|---|---|---|---|---|---|---|
| 2021 | 2020 | |||||
| Accruals | 600 | 615 | ||||
| 16 | RESTRICTED INCOME FUNDS | |||||
| **Balance ** | at | Outgoing | Balance at | |||
| 01/04/20 | Resources | 31/03/21 | ||||
| Age Concern England grant for disabled | ||||||
| access expenditure | 71 | −11 | 60 | |||
| 17 | UNRESTRICTED INCOME FUNDS | |||||
| Balance at | Incoming | Balance at | ||||
| 01/04/20 | Resources | Transfers | 31/03/21 | |||
| £ | £ | £ | £ | |||
| General Purposes Fund | 39,032 | 0 | 0 | 39,032 | ||
| 39,032 | 0 | 0 | 39,032 | |||
| General Funds | 172,230 | −8,671 | 0 | 163,559 | ||
| 211,262 | −8,671 | 0 | 202,591 |
| 18 | **ANALYSIS OF NET ASSETS ** | BETWEEN FUNDS | BETWEEN FUNDS | ||
|---|---|---|---|---|---|
| Tangible | Net current | ||||
| fixed assets | Investments | assets | Total | ||
| Restricted Income Funds: | |||||
| Age Concern England grant for | 60 | 0 | 0 | 60 | |
| disabled access expenditure | |||||
| Unrestricted Income Funds: | |||||
| Designated Funds (note 17) | 0 | 0 | 0 | 0 | |
| General Funds | 111,205 | 0 | 91,878 | 203,083 | |
| 111,265 | 0 | 91,878 | 203,143 |
| 2021 | 2020 | |
|---|---|---|
| INCOMING RESOURCES | ||
| VOLUNTARY INCOME | ||
| Donations | 825 | 2,915 |
| Legacies | 850 | 0 |
| IOW council grant | 600 | 0 |
| IOW Council WBS grant | 1,961 | 0 |
| 4,236 | 2,915 | |
| ACTIVITIES FOR GENERATING FUNDS | ||
| Coffee mornings and fund raising | 0 | 1,943 |
| Sale o f Lease | 0 | 1,755 |
| Raffles and Sales | 40 | 999 |
| Outings & holidays | 0 | 1,632 |
| 40 | 6,329 | |
| INVESTMENT INCOME | ||
| Bank interest receivable | 23 | 45 |
| 23 | 45 | |
| INCOMING RESOURCES FROM | ||
| CHARITABLE ACTIVITIES | ||
| Lunches, refreshments etc | 492 | 15,253 |
| Minibus receipts | 0 | 3,339 |
| Member shopping | 270 | 0 |
| Games/Activities | 0 | 362 |
| Subscriptions | 0 | 715 |
| 762 | 19,669 | |
| TOTAL INCOMING RESOURCES | 5,061 | 28,958 |
| 2021 | 2020 | ||
|---|---|---|---|
| RESOURCES EXPENDED | |||
| COSTS OF GENERATING VOLUNTARY | |||
| INCOME | |||
| Raffle prizes etc. | 0 | 0 | |
| CHARITABLE ACTIVITIES | |||
| Catering − Opening stock |
354 | 356 | |
| Purchases | 84 | 7,078 | |
| Closing stock | 0 | −354 | |
| 438 | 7,080 | ||
| Outings costs & holiday costs | 0 | 272 | |
| Staff costs −Wages 8c salaries | 2,367 | 7,963 | |
| Rates & water | 246 | 1,073 | |
| Light & heat | −69 | 2,247 | |
| Repairs & maintenance | 2,978 | 2,033 | |
| Insurance | 860 | 786 | |
| Cleaning | 77 | 2,884 | |
| Minibus expenses | 1,606 | 4,241 | |
| Game and Activity costs | 0 | 111 | |
| Depreciation | 2,928 | 3,132 | |
| 11,431 | 31,820 | ||
| GOVERNANCE COSTS | |||
| Accountancy fees | 600 | 600 | |
| Telephone(net o f collections) | 553 | 564 | |
| Printing, postage and stationery | 14 | 171 | |
| Sundry expenses | 654 | 173 | |
| 1,821 | 1,508 | ||
| TOTAL RESOURCES EXPENDED | 13,152 | 33,328 | |
| **NET (OUTGOING) INCOMING RESOURCES FOR ** | THE YEAR | −8,191 | 437 |