**Warehouse Christian Trust** Report and Financial Statements Year ended: 31 December 2020
Charity no: 277631
**Warehouse Christian Trust**
|**Contents**|**Page**|
|---|---|
|Legal and Administrative Information|1|
|Report of the Trustees|2|
|Report of the Independent Examiner|3|
|Statement of Financial Activities|4|
|Balance Sheet|5|
|Notes Forming Part of the Financial Statements|6 - 9|
**Warehouse Christian Trust**
## **Reference and Administration Information**
**Chairman:** Dr C Jagger **Trustees:** A Blagden R Brown S Crowther G Gammell V Gillman S Godwin N Harris D Hart V Hicks J Hindley S Marshall (resigned 15 July 2020) A Oakden D Oakden D Pollard (appointed 7 October 2020) K Powell (resigned 15 July 2020) P Powell (resigned 15 July 2020) **Address:** 42 High Street Godalming GU7 1DY **Registered Charity number:** 277631 **Independent examiner:** A J Bennewith FCA, FCPA, FFA, FFTA, FIPA, DChA, FRSA 3 Wey Court Mary Road Guildford Surrey GU1 4QU
1
**Warehouse Christian Trust**
## **Report of the Trustees for the Year ended 31 December 2020**
The trustees present their report with the financial statements of the charity for the year ended 31 December 2020. 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 2015).
## **Reference and Administration**
Legal and reference information set out on page 1 forms part of this report. The financial statements comply with current statutory requirements, the charity's governing document, and the Charities SORP (FRS 102), Accounting and Reporting by Charities.
- The charity is controlled by the trustees.
- The trustees consider that there are sufficient reserves. Any possible risks have been considered and taken into account in future budgets.
- All trustees are appointed when necessary and are given sufficient training on appointment.
## **Reserves policy and risk management**
The Warehouse Christian Trust’s operations are divided into two separate parts: The Cellar and Skillway. During the year the Trustees continued to try and maximise income for the Cellar from as many different sources as possible including through our well-established network of faithful supporters and grant making bodies despite economic uncertainties.
Skillway continues with its pioneering work regarding the support and training of disadvantaged young people. This part of the Trust aims to carry reserves equivalent to approximately two terms running costs, which is felt essential to ensure the continuity of the service for the young people who attend.
## **Objectives and Activities**
The short and long terms objectives are for The Cellar to remain a focal point of serving presence and love, with an openness to receive all those who are lonely or distressed, and Skillway is an out-of-school training provider, where in a caring environment young people are encouraged individually to engage in and learn practical trade and life skills which promote their mental health and employability prospects. The Charity is aware of its dependency on the goodwill and support of a large number of volunteers and thanks all those who have helped during the year.
Both The Cellar and Skillway are grateful to the local Churches for their support and to the many altruistic individual benefactors, several of whom make regular monthly contributions, gift-aided. This predictable income is most welcomed and very gratefully received. The Cellar would also like to gratefully acknowledge the tremendous support in the form of grants/donations from : The Hall Hunter Partnership Tuesley Farm, Community Foundation for Surrey, Waitrose, The Hamamelis Trust, Godalming Town Council, Loseley Christian Trust, Godalming Round Table, some individual donors, and the Erica Leonard Trust.
At the end of this accounting year The Cellar were without our traditional cafe rooms and we acknowledge the tremendous support of Waverley Borough Council during this period, leading on to our change of premises to occupy the excellent Borough Hall site.
Skillway would also like to express its sincere thanks to a few generous individual donors, and to those who contribute online through Stewardship, by Standing Order, or by purchasing goods on line through the easyfundraising app.
Skillway counts itself to be blessed to have received donations through the good auspices of the Community Foundation for Surrey specifically for core costs and which defrayed some of the salary costs. Other generous donations have been received from two family Trusts, and also from two generous individuals. We express our sincere thanks to these donors and to those who were instrumental in the decision making process.
The David Williamson Trust, and the Geoff Herrington Foundation have each made significant donations to support specific students so that they may benefit from at least one year’s attendance at Skillway, and have been very pragmatic about the erratic nature of attendance during the year due to lockdowns. We are immensely grateful to those donors and offer our sincere thanks on behalf of the students who have benefitted.
We have also been supported by The Rotary Club of Guildford, Milford Horticultural Society, Charles Russell Speechlys, the High Sheriff for Surrey, the Freemasons, Surrey County Council, Tesco Blue and Waitrose Green tokens, The Godalming Lions Club and Church Street Podiatry.
We thank individual Trustees, our superb staff and our many dedicated Volunteer Tutors who so effectively support Skillway’s aims and objectives.
The significant donation received at the end of 2019 from a dissolved Farncombe Charity has been set aside for future developments being discussed by the Skillway management team for specific projects, but which require predictable security in operation as the pandemic fades.
## **Achievements and Performance**
The Charity fulfilled its obligations during the year and continued to provide a high standard of professional service to the local community and beyond, despite the constraints imposed on both elements by the Covid-19 pandemic. Where possible we remained open and are very grateful for the back-stop support of the furlough scheme, and the loyalty of our staff who volunteered their time in other ways while unable to work.
## **Financial Review**
For The Cellar, efforts continue to be made to look for new income streams to ensure as far as possible the costs of running the Cafe etc can be covered. Our new Trustees have proved to be a valuable addition and have generated fresh ideas for fundraising; the situation continues to be reviewed at Finance and Trustee Meetings.
Skillway is aware that its financial situation continues to fluctuate, and is grateful that it manages to remain supportive of disadvantaged local young people. The management team continues to keep educational trends under constant review and examines strategies that may enable Skillway to offer help to those in need of its services.
## **Plans for Future Periods**
The Charity intends to continue to carry out the objectives for the foreseeable future. There are sufficient reserves to allow this to be done and the Trustees do not see any reason why the Charity would not be able to fulfil its role.
On behalf of the trustees:
**C Jagger**
**Date: 20 October 2021**
2
**Warehouse Christian Trust**
## **Report of the Independent Examiner**
## **Independent examiner's report to the trustees of Warehouse Christian Trust**
I report to the charity trustees on my examination of the accounts of the Warehouse Christian Trust for the year ended 31 December 2020.
## **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 confirm that there are no other matters to which your attention should be drawn to enable a proper understanding of the accounts to be reached.
A J Bennewith FCA, FCPA, FFA, FFTA, FIPA, DChA, FRSA 3 Wey Court Mary Road Guildford Surrey GU1 4QU
Date: 22 October 2021
3
**Warehouse Christian Trust**
## **Statement of Financial Activities**
## **for the Year Ended 31 December 2020**
|Voluntary income:
Grants and donations
Fundraising
Social outreach income
Tax refunded
Activities for generating funds:
Cellar takings
Skillway school subsidy
Investment activity:
Interest received
**Total incoming resources**
**Resources expended:**
Charitable activity:
Cellar expenditure
Skillway expenditure
**Total resources expended**
**Net incoming/(outgoing) resources**
**Total funds brought forward**
**Total funds carried forward**|**Notes**
2
3|Unrestricted
Funds
£
82,817
79
280
2,279
7,183
26,804
36
119,478
49,482
60,998
110,480
8,998
113,740
122,738
£|Restricted
Funds
£
16,348
-
-
-
-
-
-
16,348
-
17,841
17,841
(1,493)
7,466
5,973
£|Total
Funds
2020
£
99,165
79
280
2,279
7,183
26,804
36
135,826
49,482
78,839
128,321
7,505
121,206
128,711
£|Total
Funds
2019
£
171,391
4,808
2,815
7,252
24,600
38,060
10|
|---|---|---|---|---|---|
||||||248,936|
||||||83,091
106,302|
||||||189,393|
||||||59,543
61,663|
||||||121,206
£|
4
**Warehouse Christian Trust**
|**Fixed assets**
**Current assets:**
Stock
Debtors and prepayments
Cash at bank and in hand
**Net current assets**
**Net assets**
**Funds**
Unrestricted funds
Restricted funds
Trustees' deposits
**Total funds**
**Creditors:**
**amounts**
**falling**
**due within one year**
**Total**
**assets**
**less**
**current**
**liabilities**|**Balance Sheet as at 31 December 2020**
Unrestricted
Restricted
Funds
Funds
**Notes**
£
£
5
4,663
5,973
150
-
9
4,027
-
114,897
-
119,074
-
10
(987)
-
118,087
-
122,750
5,973
122,750
£
5,973
£
8|**Balance Sheet as at 31 December 2020**
Unrestricted
Restricted
Funds
Funds
**Notes**
£
£
5
4,663
5,973
150
-
9
4,027
-
114,897
-
119,074
-
10
(987)
-
118,087
-
122,750
5,973
122,750
£
5,973
£
8|**Balance Sheet as at 31 December 2020**
Unrestricted
Restricted
Funds
Funds
**Notes**
£
£
5
4,663
5,973
150
-
9
4,027
-
114,897
-
119,074
-
10
(987)
-
118,087
-
122,750
5,973
122,750
£
5,973
£
8|Total
Funds
2020
£
10,636
150
4,027
114,897
119,074
(987)
118,087
128,723
128,723
£
122,738
5,973
128,711
12
128,723
£|Total
Funds
2019
£
13,310
250
5,074
105,469|
|---|---|---|---|---|---|
|||**Notes**
5
9
10
8|Unrestricted
Funds
£
4,663
150
4,027
114,897
119,074
(987)
118,087
122,750
122,750
£|||
||||||110,793
(2,885)|
||||||107,908|
||||||121,218|
||||||121,218
£|
||||||113,740
7,466|
||||||121,206
12|
||||||121,218
£|
**On behalf of the trustees:**
## **C Jagger**
**Date: 20 October 2021**
5
**Warehouse Christian Trust**
## **Notes Forming Part of the Financial Statements for the Year Ended 31 December 2020**
## **1 Principal accounting policies**
## **a. Accounting convention**
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 the accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015)', 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.
## **b. Incoming resources**
Voluntary income is received in cash by way of donations and is included in full in the statement of financial activities as soon as it is received. Tax reclaimable in respect of gifts and donations is included in the same period as the underlying donations to which it relates.
## **c. Resources expended**
Items of expenditure are included in the Statement of Financial Activities on an accruals basis.
## **d. Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life: equipment: 25% on reducing balance, workshop: 20% on reducing balance.
## **e. Taxation**
The charity is exempt from tax on its charitable activities.
## **f. 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 objectives 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.
6
**Warehouse Christian Trust**
|**2**
**3**|**The Cellar**
**Incoming resources**
Sales
Donations received
Fundraising
Social outreach income
Tax refunds
Interest received
**Resources expended**
Cost of sales
Opening stock
Purchases
Closing stock
Light and heat
Licence fees
Rent, rates and insurance
Shop items and equipment
Telephone, post & stationery
Wages
Social outreach expenditure
Property maintenance
Equipment depreciation
Fund raising
Sundry expenses
Share of Independent Examiner's fee
Total Cellar expenses
**Net surplus/(deficit)**
**Skillway**
**Incoming resources**
Grants and donations
Fundraising
School subsidy
Tax refunds
Interest received
Total incoming resources
**Resources expended**
Advertising and publicity
Bank charges
Heat and light
Insurance
Training/inspections
Office expenses
Rent and rates
Repairs and renewals
Sundry (Covid supplies)
Telephone
Travel
Wages
Workshop depreciation
Mezzanine depreciation
Go Karts depreciation
Fund raising
Workshop materials and tools
Share of Independent Examiner's fee
Total Skillway expenses
**Net surplus/(deficit)**|Unrestricted
Funds
£
7,183
46,757
-
280
-
-
54,220
250
5237
(150)
5,337
1,032
80
6,695
32
1,179
29,350
1,069
1,520
60
-
2,908
220
49,482
£4,738
Unrestricted
Funds
£
36,060
79
26,804
2,279
36
65,258
-
107
2,400
1,695
420
2,402
4,330
-
3,192
316
408
40,109
341
708
72
-
4,278
220
60,998
£4,260|Restricted
Funds
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
£
Restricted
Funds
£
16,348
-
-
-
-
16,348
-
-
-
-
-
-
-
-
-
-
-
16,348
-
1,493
-
-
-
-
17,841
£(1,493)|Total
Funds
2020
£
7,183
46,757
-
280
-
-
54,220
250
5,237
(150)
5,337
1,032
80
6,695
32
1,179
29,350
1,069
1,520
60
-
2,908
220
49,482
£4,738
Total
Funds
2020
£
52,408
79
26,804
2,279
36
81,606
-
107
2,400
1,695
420
2,402
4,330
-
3,192
316
408
56,457
341
2,201
72
-
4,278
220
78,839
£2,767|Total
Funds
2019
£
24,600
50,502
2,276
2,815
2,752
-|
|---|---|---|---|---|---|
||||||82,945|
||||||276
14,081
(250)|
||||||14,107
1,645
467
15,576
1,950
987
34,738
2,657
10,409
80
20
275
180|
||||||83,091|
|||||||
||||||£(146)|
||||||Total
Funds
2019
£
120,889
2,532
38,060
4,500
10|
||||||165,991|
||||||602
122
1,512
1,724
149
2,182
5,985
750
-
248
1,946
78,750
426
2,751
90
45
8,840
180|
||||||106,302|
|||||||
||||||£59,689|
7
**Warehouse Christian Trust**
|**4**
**5**|**Comparatives for the Statement of Financial Activities**
Unrestricted
Funds
£
**Income and endowments from**
Voluntary income
186,266
Activities for generating funds
62,660
Investment activity
10
**Total**
248,936
**Expenditure on**
Direct charitable activity
187,526
**Total**
187,526
**Net income / (expenditure)**
61,410
**Reconciliation of funds**
**Total funds brought forward**
52,330
**Total funds carried forward**
£113,740
**Fixed assets**
Equipment
Workshop
£
£
**Cost**
At 1 January 2020
20,995
30,701
Additions
-
-
At 31 December 2020
20,995
30,701
**Depreciation**
At 1 January 2020
20,757
28,997
Charge for year
60
341
At 31 December 2020
20,817
29,338
**Net book values**
At 31 December 2020
178
£
1,363
£
At 31 December 2019
238
£
1,704
£|Cellar
Skillway
£
£
-
-
-
-
-
-
-
-
-
1,867
-
1,867
-
(1,867)
-
9,333
-
£
£7,466
Mezzanine
Go Karts
£
£
25,872
1,100
-
-
25,872
1,100
14,865
739
2,201
72
17,066
811
8,806
£
289
£
11,007
£
361
£
Restricted Funds:|Total
2019
£
186,266
62,660
10|
|---|---|---|---|
||
**Income and endowments from**
Voluntary income
Activities for generating funds
Investment activity
**Total**
**Expenditure on**
Direct charitable activity
**Total**
**Net income / (expenditure)**
**Reconciliation of funds**
**Total funds brought forward**
**Total funds carried forward**
**Fixed assets**
Equipment
£
**Cost**
At 1 January 2020
20,995
Additions
-
At 31 December 2020
20,995
**Depreciation**
At 1 January 2020
20,757
Charge for year
60
At 31 December 2020
20,817
**Net book values**
At 31 December 2020
178
£
At 31 December 2019
238
£|||
||||248,936
189,393|
||||189,393
59,543
61,663|
||||£121,206|
||||Total
£
78,668
-|
||||78,668|
||||65,358
2,674|
||||68,032|
||||10,636
£|
||||13,310
£|
## **6 Trustees' remuneration and benefits**
There were no trustees' remuneration or other benefits for the year ended 31 December 2020 nor for the year ended 31 December 2019.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 December 2020 nor for the year ended 31 December 2019.
8
**Warehouse Christian Trust**
## **7 Staff costs**
The average monthly number of employees during the year was as follows:
||2020||2019||
|---|---|---|---|---|
||£||£||
|Administration||7||7|
No employees received emoluments in excess of £60,000.
|**8**
**9**
**10**
**11**|**Funds**
Unrestricted
Total
Funds
Cellar
Skillway
£
£
£
£
At 1 January 2020
113,740
-
7,466
121,206
Incoming resources
119,478
-
16,348
135,826
Resources expended
(110,480)
-
(17,841)
(128,321)
At 31 December 2020
£122,738
-
£
£5,973
£128,711
**Debtors and prepayments**
2020
2019
£
£
Debtors
2,279
-
Prepayments
1,748
5,074
4,027
£
5,074
£
**Creditors and accruals**
2020
2019
£
£
Accruals
987
£
2,885
£
**Related party disclosures**
Restricted Funds:
Restricted funds held by Skillway relate to donations received in respect of the new Mezzanine floor installed
at The Old Chapel, and to donations received towards Core Costs, and specifically aimed at salaries.|Total
£
121,206
135,826
(128,321)|
|---|---|---|
|||£128,711|
|||5,074
£|
|||2019
£
2,885
£|
||||
The charity is controlled by the trustees.
During the year £400 (2019: £600) was paid to one of the trustees, Ray Brown, for services unrelated to his role as a trustee.
9
## **The Cellar**
Statement of Financial Activities & Balance Sheet
Year ended: 31 December 2020
**The Cellar**
## **Contents**
|||
|---|---|
|**Contents**|**Page**|
|Report of the Independent Examiner|1|
|Statement of Financial Activities|2|
|Balance Sheet|3|
**The Cellar**
## **Report of the Independent Examiner**
## **Independent examiner's report to the trustees of Warehouse Christian Trust**
The figures in these accounts for The Cellar are taken from the accounts for the Warehouse Christian Trust (registered charity number 277631). I have reported on the accounts for the Warehouse Christian Trust for the year ended 31 December 2020, and am therefore able to report on the figures set out on pages 2 and 3 of these accounts.
## **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 confirm that there are no other matters to which your attention should be drawn to enable a proper understanding of the accounts to be reached.
A J Bennewith FCA, FCPA, FFA, FFTA, FIPA, DChA, FRSA
3 Wey Court Mary Road Guildford Surrey GU1 4QU
Date: 22 October 2021
1
**The Cellar**
## **Statement of Financial Activities for the Year Ended 31 December 2020**
|**Incoming resources**
Voluntary income
Donations received
Fundraising
Social outreach income
Tax refunded
Activities for generating funds
Cellar income
Investment activity
Interest received
**Total incoming resources**
**Resources expended**
Charitable activity
Sundry expenses
Social Outreach expenditure
Cellar expenditure
Property maintenance
Independent Examiner's Fee
**Total resources expended**
**Net incoming/(outgoing) resources**
**Total funds brought forward**
**Total funds carried forward**|Unrestricted
Funds
£
46,757
-
280
-
7,183
-
54,220
2,908
1,069
43,765
1,520
220
49,482
4,738
9,315
14,053
£|Restricted
Funds
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
£|Total
Funds
2020
£
46,757
-
280
-
7,183
-
54,220
2,908
1,069
43,765
1,520
220
49,482
4,738
9,315
14,053
£|Total
Funds
2019
£
50,502
2,276
2,815
2,752
24,600
-|
|---|---|---|---|---|
|||||82,945|
|||||275
2,657
69,570
10,409
180|
|||||83,091|
|||||(146)
9,461|
|||||9,315
£|
2
**The Cellar**
|**Balance Sheet as at 31 December 2020**
2020
£
**Fixed assets**
179
**Current assets:**
Stock
150
Debtors and prepayments
383
Cash at bank and in hand
14,163
14,696
810
13,886
14,065
£
**Represented by:**
Unrestricted general fund
14,053
Restricted funds
-
Trustees' deposits
12
14,065
£
**On behalf of the trustees:**
**Creditors: amounts falling due within**
**one year**|250
3,771
5,248|2019
£
238
9,089|
|---|---|---|
||9,269
180||
||||
|||9,327
£|
|||9,315
-
12|
|||9,327
£|
||||
## **C Jagger Date: 20 October 2021**
3
## **Skillway**
Statement of Financial Activities & Balance Sheet
Year ended: 31 December 2020
**Skillway**
## **Contents**
|||
|---|---|
|**Contents**|**Page**|
|Report of the Independent Examiner|1|
|Statement of Financial Activities|2|
|Balance Sheet|3|
**Skillway**
## **Report of the Independent Examiner**
## **Independent examiner's report to the trustees of Warehouse Christian Trust**
The figures in these accounts for Skillway are taken from the accounts for the Warehouse Christian Trust (registered charity number 277631). I have reported on the accounts for the Warehouse Christian Trust for the year ended 31 December 2020, and am therefore able to report on the figures set out on pages 2 and 3 of these accounts.
## **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 confirm that there are no other matters to which your attention should be drawn to enable a proper understanding of the accounts to be reached.
A J Bennewith FCA, FCPA, FFA, FFTA, FIPA, DChA, FRSA 3 Wey Court Mary Road Guildford Surrey GU1 4QU
Date: 22 October 2021
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**Skillway**
## **Statement of Financial Activities**
## **for the Year Ended 31 December 2020**
|**Incoming resources**
Donations received
Fundraising
Tax refunds
School subsidy
Interest received
**Total incoming resources**
**Resources expended**
Advertising and publicity
Fund raising
Insurance
Training/inspections
Office expenses
Heat and light
Rent and rates
Repairs and renewals
Sundry expenses (Covid supplies)
Telephone
Travel
Wages
Workshop materials and tools
Share of Independent Examiner's fee
Depreciation charge
Bank charges
**Net incoming/(outgoing) resources**
**Total funds brought forward**
**Total funds carried forward**|Unrestricted
Funds
£
36,060
79
2,279
26,804
36
65,258
1,695
420
2,402
2,400
4,330
3,192
316
408
40,109
4,278
220
1,121
107
60,998
4,260
104,425
108,685
£|Restricted
Funds
£
16,348
-
-
-
-
16,348
-
-
-
-
-
-
-
-
-
-
16,348
-
-
1,493
-
17,841
(1,493)
7,466
5,973
£|Total
Funds
2020
£
52,408
79
2,279
26,804
36
81,606
-
-
1,695
420
2,402
2,400
4,330
-
3,192
316
408
56,457
4,278
220
2,614
107
78,839
2,767
111,891
114,658
£|Total
Funds
2019
£
120,889
2,532
4,500
38,060
10|
|---|---|---|---|---|
|||||165,991|
|||||602
45
1,724
149
2,182
1,512
5,985
750
-
248
1,946
78,750
8,840
180
3,267
122|
|||||106,302|
|||||59,689
52,202|
|||||111,891
£|
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**Skillway**
|**Balance Sheet as at 31 December 2020**
2020
£
**Fixed assets**
Unrestricted funds
4,484
Restricted funds
5,973
10,457
**Current assets:**
Debtors and prepayments
3,644
Cash at bank and in hand
100,734
104,378
177
104,201
114,658
£
**Represented by:**
Unrestricted general fund
108,685
Restricted funds
5,973
114,658
£
**Creditors: amounts falling due within one**
**year**|1,303
100,221|2019
£
5,606
7,466|
|---|---|---|
|||13,072
98,819|
||101,524
2,705||
||||
|||111,891
£|
|||104,425
7,466|
|||111,891
£|
## **On behalf of the trustees:**
## **C Jagger**
## **Date: 20 October 2021**
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