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|Trustees'
Report|3-8|
|---|---|
|Auditor's
Report|9-11|
|Statement ofFinancial Activities|12|
|Balance Sheet|13|
|Statement ofCash Flows||
|Notes to the Financial Statements|15-25|
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|Auditors:|Jacob Cavenagh
&Skeet, 5Robin Hood Lane, Sutton, Surrey SM1 2SW|Jacob Cavenagh
&Skeet, 5Robin Hood Lane, Sutton, Surrey SM1 2SW||
|---|---|---|---|
|Bankers:|CAF Bank Limited, Kings Hill, West Mailing, Kent ME19 4TA|||
||National Westminster
Bank pic, Tavistock House,|Tavistock Square, London|WC1H 9XA|
|Solicitors:|Medlicott &Benson, 5Curates Walk, Wilmington,|Kent, DA2 7BJ||
|Registered|Summit House, Wandle Road, Croydon
CRO 1DF|||
|Office:|(This is also the Principal Office of Phab)|||
|Websites:|www. phab.org.uk and www. phabkids. co.uk|||
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||Unrestricted|Unrestricted|Restricted||Unrestricted|Restricted||
|---|---|---|---|---|---|---|---|
|||Funds|Funds|Total|Funds|Funds|Total|
||Note|2021
f|2021
f|2021
f|2020|2020
f|2020
f|
|Income from:||||||||
|Donations
and legacies||2$$,121|74,540|373,661|744,604|80,344|824,948|
|Other trading
activities||507||507|36,547||36,547|
|Investments||17,366||17,366|28,678||28,678|
|Charitable
activities||18,8$6|5,000|23,8$6|38,524|5,000|43,524|
|Other income||133000||133000|1454||1454|
|Total Income||400rrs||540 310|049007|85344|935 151|
|Expenditure
on:||||||||
|Raising funds||302,$13||302,913|372,271||372,271|
|Charitable
activities||300337|1000|310337|437 623|97278|534 901|
|Total expenditure|4|612250|1000|613250|009004|97278|907 172|
|Net gains on investments|10|58,500||58,500||||
|Net income/(expenditure)||(83,972)|78,540|(5,432)|39,913|(11,934)|27,979|
|Transfers
between funds|13||||1 000|(1000)||
|Net movement
In funds||(83,$72)|78,540|(5,432)|40,913|(12,934)|27,979|
|Reconciliation
offunds||||||||
|At 1 April 2020||700450|75 500|072030|755537|00522|044 059|
|At 31 March 2021||z22&8|256JZs|55Lslls|zsL55II|ZL555|szZQ35|
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|||||||2021|2020|
|---|---|---|---|---|---|---|---|
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|Cash (used In) operating
activities||||||(54,7$2)|(19,212)|
|Cash flows from Investing
activities||||||||
|Interest income||||||3,020|3,678|
|Rental income||||||~14346|25000|
|||||||~17366|28678|
|(Decrease) / increase
in cash and cash equivalents||||during the year||(37,426)|9,466|
|Cash and cash equivalents
as|at 1 April|||||~02700|473284|
|Cash and cash equivalents
as|at 31 March|||||||
|(I) Reconciliation ofnet movement||In funds to cash used In operating|||activities|||
|||||||2021|2020|
|||||||R|R|
|Net movement
in funds||||||(5,432)|27,979|
|Add back depreciation
charge||||||11,700|13,495|
|Deduct interest income shown|in investing||activities|||(3,020)|(3,678)|
|Deduct rental income shown
in|investing||activities|||(14,346)|(25,000)|
|Net gains on investments||||||(58,500)||
|Decrease /(increase)
in stock||||||110||
|Decrease /(increase)
in debtors||||||4,618|(11,041)|
|Increase / (decrease) in creditors
(Decrease) in provisions
Net cash (used In) operating
activities||||||17,$$$ ~7021
L&%M|(10,148)
~10810~)|
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|Income||||
|---|---|---|---|
|Donations
and le acies||||
|||2021f|2020|
|Other donations
Legacies
Council Grant||346,664
1,677
25000|765,893
59,055|
|||373,661|824,948|
|Other tradin
income||||
|This income is from the following|trading activities:|2021|2020|
|||f||
|Raffies
Affiliation fees from Phab clubs
Other income||447
60|10,830
2,800
22917|
|||507|36,547|
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|This income is|from the following|from the following|activities|activities|2021|2020|
|---|---|---|---|---|---|---|
|Independent
Living
Waterside
Holiday||Experiences,
Units rental||Jubilee Sailing Trust, Skills for Independence|10,000
138$6|26,175
17,349|
||||||23,8$6|43,524|
|Other income|||||||
||||||2021|2020|
||||||E|E|
|HMRC CJRS|grants||||133,524||
|Merchandising|sales||||364|1,454|
||||||133,888|1,454|
|Included
in total income for|2020/21 were larger|donations
from|the following supp|
|---|---|---|---|
|BBCChildren
in Need (third|year ofa three-year|grant)|E45,000|
|Quies Trust|||E20,000|
|Ashfield Trust|||E15,000|
|Aldenham
School|||E5,089|
|Edward
Gostling Foundation
Florian Charitable
Trust|||E5,000
E5,000|
|Johnnie Johnson Trust|||E4,500|
|St.James's Place Charitable|Foundation||E2,500|
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|||Activities|||||
|---|---|---|---|---|---|---|
|||undertaken|Support||2021|2020|
|||directly|Grants|Costs|Total|Total|
|||||R||R|
|Raising funds|||||||
|Marathon
costs
Events||243,$18
30611||12,845
256,763
653046150||318,108
54,163|
|||283,52$||1$,384|302,$13|372,271|
|Charttable
Actlvltles|||||||
|Residential|projects|$1,610||14,808|106,418|236,832|
|Holiday units||18,8$2|||18,8$2|21,005|
|Regional and club events||3$,603||6,414|46,017|88,790|
|National
events||24,36$||4,154|28,523|31,252|
|Club support||63$57|35631|108$$|110487|157022|
|||238,431|35,631|36,275|310,337|534,901|
|Total expenditure||521,$60|35,631|55,650613,250||907,172|
|Support costs|||Apportioned|to:|||
|Head office|and central costs|31,988|Residential|projects||14,808|
|Depreciation||11,700|Regional and club events|||6,414|
|Governance|(see note 5)|11,971|Club network support|||10,899|
||||National events|||4,154|
||||Marathon|||12,845|
||||Events|||6,539|
|||55,659||||55,659|
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|Governance costs||||||
|---|---|---|---|---|---|
|||||2021|2020|
|||||R|R|
|Auditor's
remuneration|—audit services indusive||ofVAT|7,600|7,200|
|Auditor's
remuneration|—accounting|services inclusive ofVAT|||400|
|Auditor's
remuneration
—under or over provision
Governance
and professional
support for trustees|||in the year|(40)
4411|(1,200)
6,311|
|Directors, staff numbers|and costs|||||
|The aggregate
payroll|costs were as|follows:||2021|2020|
|Wages and salaries
Social security costs
Pension contributions
Pension costs ofdefined benefit pension schemes (note 19)||||282,426
20,438
21,103
2606|300,530
24,466
24,767
596|
|||||326,573|349,165|
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|||2021f|2020
R|
|---|---|---|---|
|Within one year||||
|Within two to five years||||
|he operating|lease charges for the year were:|||
|||2021|2020|
|||R||
|Hire ofplant|and machinery||392|
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|Shares
in|subsidiary|undertaking|at|cost|
|---|---|---|---|---|
|Investment|property||||
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||2021|2020|
|---|---|---|
|Prepayments|21,217|29,927|
|Other debtors|21 770|17678|
||42,$87|47605|
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|||2021|2020|
|---|---|---|---|
|||R|F|
|Trade creditors||263|678|
|Accruals and deferred|income|30,413|9,440|
|Taxation and social security||8,800|11,359|
|||3$,476|21,477|
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|||||Balance
1.4.2020|Income|Expenditure|Transfer|Balance
31.3.21|Balance
31.3.21|
|---|---|---|---|---|---|---|---|---|---|
||||||||||R|
|EETPU Centenary
Willie Booth Fund|Fund|||10,696
4,219|||||10,696
4,219|
|Midland
Development
Work
South East Development
Work||||7,800
2,000|||||7,800
2,000|
|Freedom
in the Air||||7,562|5,000||||12,562|
|ILX
MTS Joint Fund||||39,754
3557|74,540|(1,000)||113,294
3557||
|||||||)||~1|Jg8|
|||||Balance
1.4.201$ f|Income|Expenditure|Transfer|Balance
31.3.20
R||
|EETPU Centenary
Willie Booth Fund|Fund|||11,780
4,219||(1,084)|||10,696
4,219|
|Midland
Development||Work||6,800|1,000||||7,800|
|South East Development|||Work||2,000||||2,000|
|Freedom
in the Air||||11,635|5,000|(8,073)|(1,000)||7,562|
|ILX||||50,281|77,344|(87,871)|||39,754|
|MTS Joint Fund
The JoWebb Award||||3,557
250||~250|||3,557|
|||||||(9z~63||||
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