| Page | |||
|---|---|---|---|
| Report ofthe Trustees | 1 | to | 2 |
| Independent Examiner"s Report |
|||
| Statement of Financial Activities |
|||
| Balance Sheet | |||
| Notes to the Financial Statements | 6 | to | 10 |
| Detailed Statement of Financial Activities |
| 13.4.21 | 13.4.20 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Total | |||||
| fund | funds | |||||
| as restated | ||||||
| Notes | f | |||||
| INCOME | AND ENDOWMENTS | FROM | ||||
| Donations | and legacies | 112,014 | 153,164 | |||
| Investment | income | 71,318 | 96,024 | |||
| Total | 183,332 | 249,188 | ||||
| EXPENDITURE ON | ||||||
| Raising funds | 119,316 | 189,866 | ||||
| Other | 2,938 | |||||
| Total | 122,254 | 189,866 | ||||
| NET INCOME | 61,078 | 59,322 | ||||
| RECONCILIATION | OF FUNDS | |||||
| Total funds brought forward | 1,921,341 | 1,862,019 | ||||
| TOTAL FUNDS CARRIED FORWARD | 1,982,419 | 1,921,341 |
| 13.4.21 | 13.4.20 | ||||
|---|---|---|---|---|---|
| Unrestricted | Total | ||||
| fund | funds | ||||
| as restated | |||||
| Notes | f | ||||
| FIXEDASSETS | |||||
| Tangible | assets | 2,223,246 | 2,223,656 | ||
| CURRENT ASSETS | |||||
| Debtors | 2,360 | 2,379 | |||
| Cash at | bank and | in hand | 95,842 | 345,731 | |
| 98,202 | 348,110 | ||||
| CREDITORS | |||||
| Amounts | falling due within one year | (339,029) | (650,425) | ||
| NET CURRENT ASSETS | (240,827) | (302,315) | |||
| TOTAL | ASSETS | LESSCURRENT | LIABILITIES | 1,982,419 | 1,921,341 |
| NET ASSETS | 1,982,419 | 1,921,341 | |||
| FUNDS | |||||
| Unrestricted funds |
1,982,419 | 1,921,341 | |||
| TOTAL | FUNDS | 1,982,419 | 1,921,341 |
| 13.4.21 | 13.4.20 | ||
|---|---|---|---|
| as restated | |||
| 5 | |||
| Rental income | 71,318 | 96,024 | |
| RAISING FUNDS | |||
| Raising donations | and legacies | ||
| 13.4.21 | 13.4.20 | ||
| as restated | |||
| 5 | 8 | ||
| Staff costs | 44,986 | 39,419 | |
| Donation payments |
900 | 100 | |
| Festival expenditure | 70 | ||
| Rates and water | 5,275 | 5,474 | |
| Insurance | 4,555 | 1,780 | |
| Light and heat | 11,931 | 15,353 | |
| Teaching | 236 | 334 | |
| Clothing (Saropa) | 8 | ||
| Langar costs | 1,449 | 20,970 | |
| Repairs and renewals | 12,223 | 8,542 | |
| Support costs | 37,761 | 97,816 | |
| 119,316 | 189,866 |
| COMPARATIVES F |
OR THE ST | ATEMENT OF FINANCIAL ACTIVIT | IES |
|---|---|---|---|
| Unrestricted | |||
| fund | |||
| as restated | |||
| INCOME AND ENDOWMENTS | FROM | ||
| Donations and legacies |
153,164 | ||
| Investment income |
96,024 | ||
| Total | 249,188 | ||
| EXPENDITURE ON | |||
| Raising funds | 189,866 | ||
| NET INCOME | 59,322 | ||
| RECONCILIATION | OF FUNDS | ||
| Total funds brought forward | 1,862,019 | ||
| TOTAL FUNDS CARRIED FORWARD | 1,921,341 |
| The opening | funds balance has | funds balance has | funds balance has | funds balance has | the | refore been res | tated | at 61,921 | ,341. | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| TANGIBLE | FIXEDASSETS | ||||||||||
| Fixtures | |||||||||||
| Freehold | and | Motor | Computer | ||||||||
| property 6 |
fittings 6 |
vehicles | equipment | Totals f |
|||||||
| COST | |||||||||||
| At 14April 2020 | 2,220,225 | 51,821 | 20,000 | 468 | 2,292,514 | ||||||
| Additions | 875 | 875 | |||||||||
| At 13April 2021 | 2,220,225 | 52,696 | 20,000 | 468 | 2,293,389 | ||||||
| DEPRECIATION | |||||||||||
| At 14April 2020 | 51,821 | 16,569 | 468 | 68,858 | |||||||
| Charge for year | 153 | 1,132 | 1,285 | ||||||||
| At 13April 2021 | 51,974 | 17,701 | 468 | 70,143 | |||||||
| NET BOOK | VALUE | ||||||||||
| At 13April 2021 | 2,220,225 | 722 | 2,299 | 2,223,246 | |||||||
| At 13April 2020 | 2,220,225 | 3,431 | 2,223,656 | ||||||||
| DEBTORS: | AMOUNTS | FALLING | DUE WITHIN ONE YEAR | ||||||||
| 13.4.21 | 13.4.20 | ||||||||||
| as restated | |||||||||||
| 6 | |||||||||||
| Prepayments | and accrued | income | 2,360 | 2,379 | |||||||
| CREDITORS: AMOUNTS | FALLING DUE WITHIN | ONE | YEAR | ||||||||
| 13.4.21 | 13.4.20 | ||||||||||
| as restated | |||||||||||
| F | f | ||||||||||
| Bank loans | and | overdrafts | (see | note I0) | 338,164 | 633,555 | |||||
| Taxation and social security | 64 | ||||||||||
| Other creditors | 801 | 16,870 | |||||||||
| 339,029 | 650,425 | ||||||||||
| LOANS | |||||||||||
| An analysis | ofthe maturity | of loans | is given below: | ||||||||
| 13.4.21 | 13.4.20 | ||||||||||
| as restated | |||||||||||
| 6 | |||||||||||
| Amounts falling |
due within | one year on demand: | |||||||||
| Mortgage | 633,555 | ||||||||||
| Handelsbanken | Loan 2643 | 338,164 | |||||||||
| 338,164 | 633,555 |
| MOVEMENT | IN FUNDS | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Net | |||||||||
| At | movement | At | |||||||
| 14.4.20 f |
in funds f |
13.4.21 f |
|||||||
| Unrestricted | funds | ||||||||
| General fund | 1,921,341 | 61,078 | 1,982,419 | ||||||
| TOTAL FUNDS | 1,921,341 | 61,078 | 1,982,419 | ||||||
| Net movement | in funds, | included | in the above | are as follows: | |||||
| Incoming | Resources | Movement | |||||||
| resources f |
expended f |
in funds f |
|||||||
| Unrestricted | funds | ||||||||
| General fund | 183,332 | (122,254) | 61,078 | ||||||
| TOTAL FUNDS | 183,332 | (122,254) | 61,078 | ||||||
| Comparatives | for movement | in | funds | ||||||
| Net | |||||||||
| At | movement | At | |||||||
| 14.4.19 f |
in funds f |
13.4.20 f |
|||||||
| Unrestricted | funds | ||||||||
| General fund | 1,862,019 | 59,322 | 1,921,341 | ||||||
| TOTAL FUNDS | 1,862,019 | 59,322 | 1,921,341 | ||||||
| Comparative | net movement | in | funds, included | in the above are as follows: | |||||
| Incoming | Resources | Movement | |||||||
| resources | expended | in funds f |
|||||||
| Unrestricted | funds | ||||||||
| General fund | 249,188 | (189,866) | 59,322 | ||||||
| TOTAL FUNDS | 249,188 | (189,866) | 59,322 | ||||||
| A cunent year 12months | and | prior year 12months combined |
position isas follows: | ||||||
| Net | |||||||||
| At | movement | At | |||||||
| 14.4.19 f |
in funds F |
13.4.21 | |||||||
| Unrestricted | funds | ||||||||
| General fund | 1,862,019 | 120,400 | 1,982,419 | ||||||
| TOTAL FUNDS | 1,862,019 | 120,400 | 1,982,419 |
as follows: |
, |
|||
|---|---|---|---|---|
| Incoming | Resources | Movement | ||
| resources 5 |
expended f |
in funds f |
||
| Unrestricted | funds | |||
| General fund | 432,520 | (312,120) | 120,400 | |
| TOTAL FUNDS | 432,520 | (312,120) | 120,400 |
| 13.4.21 | 13.4.20 | ||
|---|---|---|---|
| f | as restated 6 |
||
| INCOME AND ENDOWMENTS | |||
| Donations and legacies |
|||
| Donations | 112,014 | 120,163 | |
| Gift aid | 33,001 | ||
| 112,014 | 153,164 | ||
| Investment income |
|||
| Rental income | 71,318 | 96,024 | |
| Total incoming resources | 183,332 | 249,188 | |
| EXPENDITURE | |||
| Raising donations | and legacies | ||
| Wages | 44,986 | 39,419 | |
| Donation payments Festival expenditure |
900 | 100 70 |
|
| Rates and water | 5,275 | 5,474 | |
| Insurance | 4,555 | 1,780 | |
| Light and heat | 11,931 | 15,353 | |
| Teaching | 236 | 334 | |
| Clothing (Saropa) | 8 | ||
| Langar costs | 1,449 | 20,970 | |
| Repairs and renewals | 12,223 | 8,542 | |
| 81,555 | 92,050 | ||
| Other | |||
| Cleaning | 2,938 | ||
| Support costs | |||
| Management | |||
| Professional fees | 14,257 | 3,137 | |
| Council tax | 2,086 | 15,995 | |
| Telephone | 834 | 1,550 | |
| Postage and stationery | 432 | 2,085 | |
| Motor expenses | 366 | 1,122 | |
| Fixtures and fittings | 153 | 419 | |
| Motor vehicles | 1,132 | 1,689 | |
| Computer equipment |
38 | ||
| 19,260 | 26,035 | ||
| Finance | |||
| Bank charges | 3,500 | ||
| Other | |||
| Bank Loan Interest | 15,001 | 71,781 | |
| Total resources expended | 122,254 | 189,866 | |
| Net income | 61,078 | 59,322 |