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||||Pages|
|---|---|---|---|
|Trustees'|annual report||1to 3|
|Independent
auditor's||report to the members|4to 7|
|Statement|offinancial|activities||
|Statement|offinancial|position||
|Statement|ofcash flows||10|
|Notes to|the financial|statements|11to 18|
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||||||2021||2020|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|||
|||||funds|funds|Total funds|Total funds|
||||Note|||||
|Income and endowments||||||||
|Donations
and legacies|||4|1,009,242||1,009,242|180,000|
|Charitable
activities|||5|171,000||171,000|131,000|
|Other income|||6|110,265||110465|111,126|
|Total income||||1,290,507||1490,507|422,126|
|Expenditure||||||||
|Expenditure
on charitable||activities|7,8|(154,065)||(154,065)|(140,648)|
|Other expenditure|||9|(43,778)||(43&778)|(57,878)|
|Total expenditure||||(197,843)||(197,843)|(198,526)|
|Net income||||1,092,664||1,092,664|223,600|
|Transfers between|funds|||840,733|(840,733)|||
|Net movement
in funds||||1,933,397|(840,733)|1&092,664|223,600|
|Reconciliation offunds||||||||
|Total funds brought|forward|||2,392,462|1,170,534|3,562,996|3,339,396|
|Total funds carried forward||||4,325,859|329,801|4,655,660|3,562,996|
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|||||2021||2020|
|---|---|---|---|---|---|---|
||||Note|g|||
|Fixed assets|||||||
|Tangible fixed assets|||15||7,025,678|6,154,680|
|Current assets|||||||
|Debtors|||16|4,460||327,897|
|Cash at bank|and in hand|||856,720||38,515|
|||||861,180||366,412|
|Creditors: amounts||falling due within one year|17|(584,677)||(104,355)|
|Net current|assets||||276,503|262,057|
|Total assets|less current liabilities||||7,302,181|6,416,737|
|Creditors: amounts||falling due after more than|||||
|one year|||18||(2,646,521)|(2,853,741)|
|Net assets|||||4,655,660|3,562,996|
|Funds ofthe|charity||||||
|Restricted
funds|||||329,801|1,170,534|
|Unrestricted|funds||||4425,859|2,392,462|
|Total charity funds|||19||4,655,660|3,562,996|
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|||||2021|2020|
|---|---|---|---|---|---|
|Cash flows from operating||activities||||
|Net income||||1,092,664|223,600|
|Adjustments for:||||||
|Depreciation oftangible
fixed assets||||81,369|81,369|
|Interest payable and similar||charges||49,423|54,687|
|Accrued income||||(4,075)|(2,728)|
|Changesin:||||||
|Trade and other debtors||||326,075|(137,334)|
|Trade and other creditors||||368,509||
|Cash generated from operations||||1,913,965|219,594|
|Interest paid||||(49&423)|(54,687)|
|Net cash from operating
activities||||1,864,542|164,907|
|Cash flows from investing||activities||||
|Purchase oftangible assets||||(952,367)|(68,563)|
|Net cash used in investing|activities|||(952,367)|(68,563)|
|Cash flows from financing||activities||||
|Proceeds from borrowings||||(93,970)|(77,820)|
|Net cash used in financing||activities||(93,970)|(77,820)|
|Net increase in cash and cash equivalents||||818,205|18,524|
|Cash and cash equivalents||at beginning|ofyear|38,515|19,991|
|Cash and cash equivalents||at end ofyear||856,720|38,515|
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|DONATIONS
AND LEGACIE|S|||
|---|---|---|---|
||Unrestricted|Restricted|Total Funds|
||Funds|Funds|2021|
|Donations||||
|Donations|1,009,242||1,009,242|
||Unrestricted|Restricted|Total Funds|
||Funds|Funds|2020|
||||f.|
|Donations||||
|Donations||180,000|180,000|
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|5.|SeeNote 22 for related party tran
CHAIuTAIILE ACTIVITIES|sactions
included
in|donations.|||
|---|---|---|---|---|---|
|||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||Funds|2021|Funds|2020|
||Rental income - Kisharon|171,000|171,000|131,000|131,000|
|6.|OTHER INCOME|||||
|||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||Funds|2021|Funds|2020|
||Rental income - other|110,265|110)265|111,126|111,126|
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|7.|EXPENDITURE ON CH|ARITABLE|ACTIVITIE|S BYFUND T|YPE||
|---|---|---|---|---|---|---|
||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||Funds|2021|Funds|2020|
||Provision and development|offacilities|||||
||used by Kisharon
Support costs||130,792
23,273|130,792
23j273|138,248
2,400|138,248
2,400|
||||154,065|154,065|140,648|140,648|
|8.|EXPENDITURE ON CHARITABLE||ACTIVITIES BYACTIVITY TYPE||||
||||Activities||||
||||undertaken||Total funds|Total fund|
||||directly|Support costs|2021|2020|
||||f,||||
||Provision
and development|offacilities|||||
||used by Kisharon
Governance
costs||130,792|23,273|130,792
23273|138,248
2,400|
||||130,792|23,273|154,065|140,648|
|9.|OTHER EXPENDITURE||||||
||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||Funds|2021|Funds|2020|
||||5|||f.|
||Rental property costs||43,778|43,778|57,878|57,878|
|10.|NKT INCOME||||||
||Net income is stated after charging/(crediting):||||||
||||||2021|2020|
||Depreciation oftangible fixed assets||||81,369|81,369|
|11.|AUDITORS REMUNERATION||||||
||||||2021|2020|
||Fees payable for the audit of the financial statements||||5,700|2,400|
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|unrestricted
funds with the agreement ofthe relevant p
TANGIBLE FIXEDASSETS|arties.|
|---|---|
||Land and|
||buildings|
|Cost||
|At 1 September 2020|7&466498|
|Additions|952@67|
|At 31August 2021|8,418,665|
|Depreciation
At 1 September 2020|1&311,618|
|Charge for the year|81,369|
|At 31August 2021|1,392,987|
|Carrying
amount||
|At 31August 2021|7&025,678|
|At 31August 2020|6,154,680|
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|16.|being depreci
DEBTORS|ated.||||||
|---|---|---|---|---|---|---|---|
|||||||2021|2020|
||Prepayments|and accrued|income|||4,460|1,822|
||Other debtors||||||326,075|
|||||||4,460|327,897|
||SeeNote 22|for related party transactions||included|in other debtors.|||
|17.|CREDITORS: amounts||falling due within one||year|||
|||||||2021|2020|
||Bank loans and overdrafls|||||201,000|87,750|
||Accruals and|deferred income||||15,168|16,605|
||Other creditors|||||368,509||
|||||||584,677|104,355|
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|CRE|DITO|RS:|amounts
falling due after more|than one year||
|---|---|---|---|---|---|
|||||2021|2020|
|Bank|loans|and|overdrafts|2,646,521|2,853,741|
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|Unrestricted|funds|||||||
|---|---|---|---|---|---|---|---|
||||At||||At|
|||I|September||||31August|
||||2020|Income|Expenditure|Transfers|2021|
|Unrestricted|Fund||2,392,462|1,290,507|(197,843)|840,733|4,325,859|
||||At|||||
|||I|September||||At 31August|
||||2019|Income|Expenditure|Transfers|2020|
||||||||f,|
|Unrestricted|Fund||2,348,862|242,126|(198,526)||2,392,462|
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|Restricted|funds||||||
|---|---|---|---|---|---|---|
|||At||||At|
|||1 September||||31August|
|||2020|Income|Expenditure|Transfers|2021|
||||f,||||
|Supported|Living|680,000|||(680,000)||
|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|
|||1,170,534|||(840,733)|329,801|
|||At|||||
|||1 September|||At|31August|
|||2019|Income|Expenditure|Transfers|2020|
|Supported|Living|500,000|180,000|||680,000|
|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|180,000|||1,170,534|
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|20.|ANALYSIS OFNKT ASSETS|BETWEEN F|UNDS||||||
|---|---|---|---|---|---|---|---|---|
|||Tangible|Current||Current|Long term|||
|||fixed assets|assets||liabilities|liabilities||Total|
||Restricted Income Funds:||||||||
||The Phil Forman Trust Fund-||||||||
||Montfort House|100,000||||||100,000|
||Kisharon Adult Services|229,801||||||229,801|
|||329,801||||||329,801|
||Unresn icted Income Funds:||||||||
||General Funds|6,695,877|861,180||(584,677) (2,646,521)|||4,325,859|
||Total Funds|7,025,678|861,180||(584,677) (2,676,521)|||4,655,660|
|21.|ANALYSIS OF CHANGES IN NET DEBT||||||||
|||||||||At|
||||At|I|Sep 2020|Cash flows|31Aug 2021||
||Cash at bank and in hand||||38,515|818,205||8569720|
||Debt due within one year||||(87,750)|(113,250)||(201,000)|
||Debt due after one year|||(2,853,741)||207,220||(2,646,521)|
|||||(2,992,976)||912,176||(1,999,9111)|
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