| Pages | |||
|---|---|---|---|
| Trustees' | annual report |
1to 3 | |
| Independent auditor's |
report to the members | 4to 7 | |
| Statement | offinancial | activities | |
| Statement | offinancial | position | |
| Notes to | the financial | statements | 10to 16 |
| 2020 | 2019 | |||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | |||||||
| funds | funds | Total funds | Total funds | |||||
| Note | ||||||||
| Income and endowments | ||||||||
| Donations and legacies |
4 | 180,000 | 180,000 | 75 | ||||
| Charitable activities |
5 | 131,000 | 131,000 | 131,000 | ||||
| Other income | 6 | 111,126 | 111,126 | 94,843 | ||||
| Total income | 242,126 | 180,000 | 422,126 | 225,918 | ||||
| Expenditure | ||||||||
| Expenditure on charitable |
activities | 7,8 | (140,648) | (140,648) | (155,975) | |||
| Other expenditure | 9 | (57,878) | (57,878) | (52,915) | ||||
| Total expenditure | (198,526) | (198,526) | (208,890) | |||||
| Net income and net | movement | in funds | 43,600 | 180,000 | 223,600 | 17,028 | ||
| Reconciliation offunds |
||||||||
| Total funds brought | forward | 2,348,862 | 990,534 | 3,339,396 | 3,322,368 | |||
| Total funds carried | forward | 2,392,462 | 1,170,534 | 3,562,996 | 3,339,396 |
| 2020 | 2019 | |||||
|---|---|---|---|---|---|---|
| 1&tote | t | |||||
| Fixed assets | ||||||
| Tangible fixed assets | 14 | 6,154&680 | 6,167,486 | |||
| Current assets |
||||||
| Debtors | 15 | 327&897 | 190,865 | |||
| Cash at bank | and in hand | 38,515 | 19,991 | |||
| 366,412 | 210,856 | |||||
| Creditors: amounts | falling due within one year | 16 | (104,355) | (181,635) | ||
| Net current | assets | 262,057 | 29,221 | |||
| Total assets | less current liabilities | 6,416,737 | 6,196,707 | |||
| Creditors: amounts | falling due after more than | |||||
| one year | 17 | (2,853,741) | (2,857,311) | |||
| Net assets | 3,562,996 | 3,339,396 | ||||
| Funds ofthe | charity | |||||
| Restricted funds | 1,170,534 | 990,534 | ||||
| Unrestricted | funds | 2,392,462 | 2,348,862 | |||
| Total charity | funds | 18 | 3,562,996 | 3,339,396 |
| DONATIONS AND LEGACIE |
S | ||
|---|---|---|---|
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2020 | |
| Donations | |||
| Donations | 180,000 | 180,000 | |
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2019 | |
| Donations | |||
| Donations | 75 | 75 |
| 5. | SeeNote 21 for related party tran CHARITABLE ACTIVITIES |
sactions included in |
donations. | ||
|---|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds | 2020 | Funds | 2019 | ||
| f. | |||||
| Rental income - Kisharon | 131,000 | 131,000 | 131,000 | 131,000 | |
| 6, | OTHERINCOME | ||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds | 2020 | Funds | 2019 | ||
| Rental income - other | 111,126 | 111,126 | 94,843 | 94,843 |
| 7. | EXPENDITURE ON | CH | ARITABLE | ACTIVITIE | ACTIVITIE | S BYFUND T | YPE | ||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||||||
| Funds | 2020 | Funds | 2019 | ||||||
| 4 | s | ||||||||
| Provision and development | offacilities | ||||||||
| used by Kisharon | 138,248 | 138,248 | 152,476 | 152,476 | |||||
| Support costs | 2,400 | 2,400 | 3,499 | 3,499 | |||||
| 140,648 | 140,648 | 155,975 | 155,975 | ||||||
| 8. | EXPENDITURE ON | CHARITABLE | ACTIVITIES BY ACTIVITY TYPE | ||||||
| Activities | |||||||||
| undertaken | Total funds | Total fund | |||||||
| directly | Support costs | 2020 | 2019 | ||||||
| Provision and development |
offacilities | ||||||||
| used by Kisharon | 138,248 | 138,248 | 152,476 | ||||||
| Governance costs |
2,400 | 2i400 | 3,499 | ||||||
| 138,248 | 2,400 | 140i648 | 155,975 | ||||||
| 9. | OTHER EXPENDITURE | ||||||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||||||
| Funds | 2020 | Funds | 2019 | ||||||
| Rental property costs |
57,878 | 57,878 | 52,915 | 52,915 | |||||
| 10. | NET INCOME | ||||||||
| Net income is stated after charging/(crediting): | |||||||||
| 2020 | 2019 | ||||||||
| s | |||||||||
| Depreciation oftangible | fixed assets | (note | 14) | 81i369 | 80,960 | ||||
| 11. | AUDITORS REMUNERATION | ||||||||
| 2020 | 2019 | ||||||||
| 4 | |||||||||
| Fees payable for the audit ofthe financial | statements | 2,400 | 3,500 |
| Land and | ||
|---|---|---|
| buildings | ||
| s | ||
| Cost | ||
| At | 1 September 2019 | 7,397)735 |
| Additions | 68,563 | |
| At | 31August 2020 | 7,466,298 |
| Depreciation | ||
| At | 1 September 2019 | 1)230,249 |
| Charge for the year | 81/69 | |
| At | 31August 2020 | 1,311,618 |
| Carrying amount |
||
| At | 31August 2020 | 6,154,680 |
| At | 31August 2019 | 6,167,486 |
| being depreci DEBTORS |
ated. | ||||||
|---|---|---|---|---|---|---|---|
| 2020 | 2019 | ||||||
| Prepayments | and accrued | income | 1,822 | 2,124 | |||
| Other debtors | 326,075 | 188,741 | |||||
| 327,897 | 190,865 | ||||||
| SeeNote 21 | for related party transactions | included | in other debtors. | ||||
| CREDITORS: amounts | falling due within one | year | |||||
| 2020 | 2019 | ||||||
| 6 | s | ||||||
| Bank loans and overdrafts | 87,750 | 162,000 | |||||
| Accruals and | deferred income |
16,605 | 19,635 | ||||
| 104)355 | 181,635 | ||||||
| The bank loans are secured by a legal charge over | the charity's | freehold | properties. | ||||
| CREDITORS: amounts | falling due after more | than one year | |||||
| 2020 | 2019 | ||||||
| 8 | |||||||
| Bank loans and overdrafts | 21853)741 | 2,857,311 |
| Unrestric | te | d funds |
||||||
|---|---|---|---|---|---|---|---|---|
| At | At | |||||||
| I September | 31August | |||||||
| 2019 | Income | Expenditure | 2020 | |||||
| Unrestricted | Fund | 2,348,862 | 242,126 | (198,526) | 2,392,462 | |||
| At | ||||||||
| I | September | At | 31August | |||||
| 20]8 | Income | Expenditure | 2019 | |||||
| 8 | ||||||||
| Unrestricted | Fund | 2,331,834 | 225,918 | (208,890) | 2,348,862 | |||
| Restricted | funds | |||||||
| At | At | |||||||
| I | September | 31August | ||||||
| 2019 | Income | Expenditure | 2020 | |||||
| 8 | ||||||||
| Supported | Living | 500,000 | 180,000 | 680i000 | ||||
| Fred Rosenberg Memorial | Trust Fund | 160,733 | 160,733 | |||||
| The Phil | Forman Trust Fund- | |||||||
| Montfort | House | 100,000 | 100,000 | |||||
| Kisharon | Adult Services | 229,801 | 229i801 | |||||
| 990,534 | 180,000 | 1,170,534 | ||||||
| At | ||||||||
| I | September | At | 31 August | |||||
| 2018 | Income | Expenditure | 2019 | |||||
| Supported | Living | 500,000 | 500,000 | |||||
| Fred Rosenberg Memorial | Trust Fund | 160,733 | 160,733 | |||||
| The Phil | Forman Trust Fund- | |||||||
| Montfort | House | 100,000 | 100,000 | |||||
| Kisharon | Adult Services | 229,801 | 229,801 | |||||
| 990,534 | 990,534 |
| ANALYSIS OFNET AS | SETS | BETWEEN F | UNDS | |||
|---|---|---|---|---|---|---|
| Tangible | Current | Current | Long term | |||
| fixed assets | assets | liabilities | liabilities | Total | ||
| 8 | ||||||
| Restricted Income Funds: | ||||||
| Fred Rosenberg Memorial | Trust | |||||
| Fund | 160,733 | 160,733 | ||||
| The Phil Forman Trust Fund- | ||||||
| Montfort House | 100,000 | 100,000 | ||||
| Kisharon Adult Services |
229,801 | 229,801 | ||||
| Supported Living |
680,000 | 680,000 | ||||
| 1,170,534 | 1,170,534 | |||||
| Unrestricted Income Funds: |
||||||
| General Funds | 4,984,146 | 366,412 | (104,355) | (2,853,741) | 2,392,462 | |
| Total Funds | 6,154,680 | 366,412 | (104,355) | (2,853,741) | 3,562,996 |