|||Page||
|---|---|---|---|
|Report ofthe Trustees|1|to|14|
|Report ofthe Independent
Auditors|15|to|18|
|Statement ofFinancial Activities||19||
|Statement ofFinancial Position||20||
|Statement ofCash Flows||21||
|Notes tothe Statement of Cash Flows||22||
|Notes tothe Financial Statements|23|to|36|
|Detailed Statement
of Financial Activities|37|to|39|
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||||||2021|2020|
|---|---|---|---|---|---|---|
||||Unrestdicted|Restricted|Total|Total|
|||Notes|funds
6|funds
f|funds|fundsI|
|INCOME AND ENDOWMENTS
Donations
and legacies|FROM||63,316|3,800|67,116|35,267|
|Charitable
activities
Kingston
Day &Transport
Services
Kingston
Information,
Advice &Advocacy
Kingston
Community
Services
Kingston
Community
Furniture
Reigate &Banstead
Community
Centres|||558,207
94,216
740,236
196,804|190,120|558,207
94,216
930,356
196,804|682,266
90,000
757,522
216,547
628,463|
|Other trading
activities
Investment
income|||101,073||101,073|12,300
114,322|
|Total|||1,753,852|193,920|1,947,772|2,536,687|
|EXPENDITURE ON|||||||
|Charitable
activities
Kingston
Day &Transport
Services
Kingston
Information,
Advice &Advocacy
Kingston
Community
Services
Kingston
Community
Furniture
Reigate &Banstead
Community
Centres|||388,083
85,311
862,274
226,375|201,458|388,083
85,311
1,063,732
226,375|773,329
87,436
1,001,365
281,480
791,816|
|Total|||1,562,043|201g458|1 763~501|2,935,426|
|Net gains/(losses)
on investments|||135,379||135,379|(98,172)|
|NET INCOME/(EXPENDITURE)|||327,188|(7,538)|319,650|(496,911)|
|Transfers between
funds||22|11,517|(11,517)|||
|Net movement
in funds|||338,705|(19,055)|319,650|(496,911)|
|RECONCILIATION
OF FUNDS|||||||
|Total funds brought forward|||3,795,181|41,172|3,836,353|4,333,264|
|TOTAL FUNDS CARRIED FORWARD|||4,133,886|22,117|4,156,003|3,836,353|
##
##
##
||||2021|2020|
|---|---|---|---|---|
|||Notes|f|6|
|FIXEDASSETS
Intangible
assets
Tangible assets||13
14|72,303
1,476,460|123,258
1,494,733|
|Investments
Investments||15|1,040,227|893,188|
|Investment
property||16|1,135,000|1,135,000|
||||3~723990|3)646 179|
|CURRENT ASSETS|||||
|Stocks||17|1,000|1,000|
|Debtors||18|89,790|169I289|
|Cash at bank|||511,655|270,340|
||||602,445|440,629|
|CREDITORS|||||
|Amounts
falling due|within one year|19|(170,432)|(250,455)|
|NET CURRENT ASSETS|||432,013|190,174|
|TOTAL ASSETSLESSCURRENT LIABILITIES|||4,156,003|3,836,353|
|NET ASSETS|||4,156,003|3,836,353|
|FUNDS||22|||
|Unrestricted
funds:
General fund
Revaluation
reserve
Building development
Transformation
Fund
Fair value reseiye|reserve||1,353,504
182,064
1,150,000
580,000
868,318|1,600,178
182,064
700 000
580,000
732,939|
||||4,133,886|3,795,181|
|Restricted funds|||22,117|41,172|
|TOTAL FUNDS|||4,156,003|3,836,353|
##
##
||Notes|2021I|2020I|
|---|---|---|---|
|Cash flows from operating
activities
Cash generated
from operations|1|160,902|(630,572)|
|Net cash provided
by/(used
in) operating|activities|160,902|(630,572)|
|Cash flows from investing
activities
Purchase of intangible
fixed assets
Purchase of tangible
fixed assets
Purchase of fixed asset investments
Sale offixed asset investments
Interest received||(9,000)
(99,541)
87,881
1,496|(23,973)
(1,990)
(87,642)
575,712
1,122|
|Dividends
received
Rents received on investment
property||24,905
74,672|38,528
74,672|
|Net cash provided
by investing
activities||80,413|576,429|
|Change
in cash and cash equivalents
the reporting
period|in|241,315|(54,143)|
|Cash and cash equivalents
at the
beginning
ofthe reporting
period||270,340|324,483|
|Cash and cash equivalents
atthe end of
the reporting
period||511,655|270,340|
##
||RECONCILIATION
OF NET INCOME/(EXPENDITURE)|RECONCILIATION
OF NET INCOME/(EXPENDITURE)|RECONCILIATION
OF NET INCOME/(EXPENDITURE)|RECONCILIATION
OF NET INCOME/(EXPENDITURE)|TO NET CASH FLOW|TO NET CASH FLOW|FROM OPERATING|FROM OPERATING|
|---|---|---|---|---|---|---|---|---|
||ACTIVITIES||||||||
||||||||2021I|2020I|
||Net income/(expenditure)
for the reporting
Statement ofFinancial Activities)|||period|(as per the||319,650|(496,911)|
||Adjustments
for:
Depreciation
charges
(Gain)/losses
on investments
Loss on disposal of fixed assets
Interest received||||||78,228
(135,379)
(1,496)|85,354
98,172
1,004
(1,122)|
||Dividends
received||||||(24,905)|(38,528)|
||Rents received on investment
Decrease
in stocks|property|||||(74,672)|(74,672)
1,000|
||Decrease/(increase)
in debtors
Decrease
in creditors||||||79,499
(80,023)|(42,724)
(162,145)|
||Net cash provided
by/(used||in) operations||||160,902|(630,572)|
|2.|ANALYSIS OF CHANGES IN||NET FUNDS||||||
||||||At|1/4/20
6|Cash flow
I|At 31/3/21
I|
||Net cash
Cash at bank||||270,340||241,315|511,655|
||||||270,340||241,315|511,655|
||Total||||270,340||241,315|511,655|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|Intangible
fixed assets||
|---|---|
|Software development
costs|-25% on cost|
|Tangible fixed assets
Computer
equipment|-33.3%on cost.|
|Motor vehicles|-20.0%on cost.|
|Furniture
and equipment|-12.5% ik 20%on cost.|
|Short Leasehold|-20%on cost.|
##
##
##
##
##
##
##
##
##
##
##
##
##
||||2021
6|2020I|
|---|---|---|---|---|
|Donations|||52,761|33,933|
|GiR aid||||334|
|Legacies|||14,355|1,000|
||||67,116|35,267|
|OTHER TRADING ACTIVITIES|||||
||||2021I|2020|
|Fundraising
Sale ofdonated||goods||9,037
3,263|
|||||12,300|
|INVESTMENT||INCOME|||
||||2021|2020|
||||6|6|
|Rents received|||74,672|74,672|
|Dividends|receivable||24,905|38,528|
|Deposit account||interest|1,496|1,122|
||||101,073|114,322|
##
##
##
##
|INCOME FROM CHARITABLE ACTIVITIES|INCOME FROM CHARITABLE ACTIVITIES|INCOME FROM CHARITABLE ACTIVITIES||||
|---|---|---|---|---|---|
|Included
in charitable
activity income is the following
income:||||2021|2020|
|||||I|6|
|Contract income:||||||
|Royal Borough of Kingston
upon Thames||||||
|Delivery ofServices That Promote Resilience and Social||||||
|Connectedness
(Outcome 2)
Kingston
Day and Transport
Services
Kingston
Information,
Advice and Advocacy
Kingston
Community
Services||||360,192
80,000
137,869|350,192
90,000
137,869|
|||||578,061|578,061|
|Royal Borough of Kingston
upon Thames
Befriending
and Social Engagement
Project
Safe and Connected
Pilot
Kingston
Community
Furniture
Covid 19Response||||25,000
45,000
28,570|25,000
10,000
45,000|
|Kingston
Clinical Commissioning
Group
Dementia
Development
Community
Connectors||||136,119|13,270
218,700|
|Reigate and Banstead Borough
Council
Community
Centres Management
Contract|||||222,000|
|Total contract income||||812,750|1,112,031|
|Grant income:||||||
|Government
Grants - Covid 19Job Retention|Scheme|||229,734||
|The National
Lottery Community
Fund - RC London
and||South East Region||96,952||
|(restdcted)
Royal Borough of Kingston
upon Thames - Local Restdctions
Grant
City Bridge Trust - Covid 19Support - Waves 1and 2 Grants (restricted)
Kingston
Clinical Commissioning
Group - Covid 19Support Grant
The National
Lottery Community
Fund - FANS Project Grant (restricted)
Other Grants
Handyperson
(restricted)
Banstead Committee
Transport
Support Grant
Royal Borough of Kingston
upon Thames - Emergency
Support Grant
Santander
Volunteer
Grant||||89,119
53,126
9,906
40,042
10,000|14,260
21,045
10,000
18,708
16,817
1,666|
|Total grant income||||528,879|82,496|
|Services income from:
Kingston
Day and Transport
Services
Kingston
Community
Services
Kingston
Community
Furniture
Reigate and Banstead
Community
Services||||35,449
270,874
131,631|332,072
288,897
171,547
387,755|
|Total services income||||437,954|1,180,271|
|Total income from charitable
activities||||1,779,583|2,374,798|
##
##
##
##
##
|||||Support||
|---|---|---|---|---|---|
||||Direct|costs (see||
||||Costs
f|note 8)
f|Totals|
|Kingston|Day &Transport Services||228,212|159,871|388,083|
|Kingston
Advocacy
Kingston
Kingston|Information,
Community
Community|Advice &
Services
Furniture|54,490
691,363
176,472|30,821
372,369
49,903|85,311
1,063,732
226,375|
||||1,150,537|612,964|1,763,501|
|SUPPORT COSTS||||||
|||||Governance||
||||Overheads
f|costs
f|Totals
f|
|Kingston
Kingston
Kingston
Kingston|Day &Transport
Services
Information,
Advice &Advocacy
Community
Services
Community
Furniture||157,996
30,461
367,979
49,318|1,875
360
4,390
585|159,871
30,821
372,369
49,903|
||||605,754|7,210|612,964|
|NET INCOME/(EXPENDITURE)||||||
|Net income/(expenditure)
is stated after charging/(crediting);||||||
|||||2021|2020|
|||||f|f|
|Auditors'|remuneration|||5,150|5,000|
|Auditors'|remuneration|for non audit work||2,060|1,120|
|Depreciation - owned assets
Development
costs amortisation
Operating
lease - property
rent||||27,273
50,955
29,000|40,979
44,375
47,000|
##
##
##
##
##
##
##
##
|STAFF COSTS|||||||
|---|---|---|---|---|---|---|
||||||2021|2020I|
|Wages and saladies
Social security costs
Other pension costs|||||1,083,'l21
66,672
132,885|1,727,464
110,036
165,147|
||||||1,282,978|2,002,647|
|The average monthly
number|of employees||during the year was as follows:||||
||||||2021|2020|
|Management
Staff|||||4
69|4
112|
||||||73|116|
|The number ofemployees
whose employee|||benefits (excluding|employer
pension|costs) exceeded|160,000 was:|
||||||2021|2020|
|560,001 - 170,000
170,001 - 680,000|||||I
I|I|
|Based on full-time
equivalent|- Management||4 (2020: 4), Staff|46 (2020: 85)|||
|COMPARATIVES FOR THE|STATEMENT||OF FINANCIAL ACTIVITIES||||
|||||Unrestricted|Restricted|Total|
|||||funds
6|funds
I|fundsI|
|INCOME AND ENDOWMENTS||FROM|||||
|Donations
and legacies||||32,267|3,000|35,267|
|Charitable
activities|||||||
|Kingston
Day &Transport
Services
Kingston
Information,
Advice &Advocacy
Kingston
Community
Services
Kingston
Community
Furniture
Reigate &Banstead
Community
Centres||||682,266
90,000
726,477
216,547
628,463|31,045|682,266
90,000
757,522
216,547
628,463|
|Other trading
activities
Investment
income||||12,300
114,322||12,300
114,322|
|Total||||2,502,642|34,045|2,536,687|
|EXPENDITURE ON|||||||
|Charitable
activities|||||||
|Kingston
Day &Transport
Services
Kingston Information,
Advice &Advocacy
Kingston
Community
Services
Kingston
Community
Furniture
Reigate &Banstead
Community
Centres||||773,329
87,436
929,081
281,480
791,816|72,284|773,329
87,436
1,001,365
281,480
791,816|
|Total||||2,863,142|72,284|2,935,426|
##
##
|12.|COMPARATIVES|FOR THE STATEMENT OF|FINANCIAL|ACTIVITIES -continued|ACTIVITIES -continued||
|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|
|||||funds|funds|funds|
||||||E|E|
||Net gains/(losses)|on investments||(98,172)||(98,172)|
||NET INCOME/(EXPENDITURE)|||(458,672)|(38,239)|(496,911)|
||RECONCILIATION
OF FUNDS||||||
||Total funds brought forward|||4,253,853|79,411|4,333,264|
||TOTAL FUNDS CARRIED FORWARD|||3,795,181|41,172|3,836,353|
|13.|INTANGIBLE FIXED ASSETS||||||
|||||||Developme|
|||||||costs|
||COST||||||
||At 1 April 2020 and|31 March 2021||||203,817|
||AMO RTISATI
ON||||||
||At 1 April 2020|||||8D,559|
||Charge for year|||||50,955|
||At 31 March 2021|||||131,514|
||NET BOOKVALUE||||||
||At 31 March 2021|||||72,303|
||At 31 March 2020|||||123,258|
|14.|TANGIBLE FIXED-ASSETS||||||
|||||Fixtures|||
|||Freehold|Short|and|Motor||
|||property|leasehold|fittings|vehicles|Totals|
|||E|E|E|E|E|
||COST||||||
||At 1April 2020|1,450,000|12,080|225,280|73,593|1,760,953|
||Additions||||9,000|9,000|
||At 31 March 2D21|1,450,000|12,080|225I280|82,593|1,769,953|
||DEPRECIATION||||||
||At 1 April 2020||7,439|208,438|50,343|266,220|
||Charge for year||2,024|11,428|13,821|27,273|
||At 31 March 2021||9,463|219,866|64,164|293,493|
||NET BOOK VALUE||||||
||At 31 March 2021|1,450,00D|2,617|5,414|18,429|1,476,460|
||At 31 March 2020|1,450,000|4,641|16,842|23,250|1,494,733|
##
##
##
##
##
##
|FIXEDASSETINVESTMENTS||
|---|---|
||Listed|
||investments|
||E|
|MARKET VALUE||
|At 1 April 2020|893,188|
|Additions|99,541|
|Disposals
Revaluations|(69,265)
116,763|
|At 31 March 2021|1,040,227|
|NET BOOK VALUE||
|At 31March 2021|1,040,227|
|At 31March 2020|893(188|
##
##
|FAIR VALUE||
|---|---|
|At 1April 2020
and 31 March 2021|1,135,000|
|NET BOOK VALUE||
|At 31 March 2021|1,135,000|
|At 31 March 2020|1,135,000|
##
##
##
##
|STOCKS|||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||2021|2020|
||||||||||I|I|
|Stocks|||||||||1,000|1,000|
|Stock comprises|furniture|||for resale held at Kingston|||Community|Furniture.|||
|DEBTORS:AMOUNTS||||FALLING DUE WITHIN ONE YEAR|||||||
||||||||||2021|2020|
||||||||||6|6|
|Trade debtors|||||||||42,676|84,498|
|Other debtors|||||||||9,819|34,680|
|Prepayments
and||accrued|||income||||37,295|50,111|
||||||||||89,790|169,289|
|CREDITORS: AMOUNTS|||||FALLING DUE WITHIN||ONE YEAR||||
||||||||||2021|2020|
||||||||||6|6|
|Trade creditors|||||||||43,081|77,629|
|Social security and||other||taxes|||||14,098|24,866|
|VAT|||||||||2,528|274|
|Other creditors|||||||||10,187|23,269|
|Pensions|||||||||12,109|17,100|
|Deferred income|||||||||22,042|38,241|
|Accrued expenses|||||||||66,387|69,076|
||||||||||170,432|250,455|
|Deferre~dI
Cggte
Balance at 1 April||2020|||||||38,241|196,134|
|Amounts
released||to|incoming|||resources|||(28,241)|(186,134)|
|Amounts
reclassified
Amounts
deferred
in|||in the year
the year||||||(10,000)
22,042|28,241|
|Balance at 31 March|||2021||||||22,042|38,241|
##
##
##
##
|Minimum
lease payments
under non-cancellable
operating|leases fall due as follows:||
|---|---|---|
||2021|2020|
||6||
|Within one year
Between one and five years|13,170|65,400
13,310|
||13,170|78,710|
##
##
##
##
|||||2021|2020|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|funds|
|||6|6|6|6|
|Fixed assets||1,548,763||1,548,763|1,617,991|
|Investments||2,175,227||2,175,227|2,02e,tee|
|Current|assets|580,328|22,117|6D2,445|440,629|
|Current|liabilities|(170,432)||(170,432)|(250,455)|
|||4,133,886|22,117|4,156,003|3,836,353|
##
||Comparatives|for|net|assets betw|een
funds|||||
|---|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted|Restricted|2020||
|||||||funds|funds|Total funds||
|||||||I|I|6||
||Fixed assets|||||1,617,991||1,617,991||
||Investments|||||2,028,188||2,028,188||
||Current assets|||||399,457|41,172|440,629||
||Current
liabilities|||||(250,455)||(250,455)||
|||||||3,795,181|41,172|3,836,353||
|22.|MOVEMENT|IN|FUNDS|||||||
||||||||Net|Transfers||
||||||||movement|between|At|
|||||||At 1/4/20
I|in funds
I|funds
I|3I/3/21
I|
||Unrestricted|funds||||||||
||General
fund|||||1,600,178|191,809|(438,483)|1,353,504|
||Revaluation|reserve||||182,064|||182,064|
||Building
development|||reserve||700,000||450,000|1,150,000|
||Transformation
Fund|||||580,00D|||580,000|
||Fair value reserve|||||732,939|135,379||868,318|
|||||||3,795,181|327,188|11,517|4g1331886|
||Restricted|funds||||||||
||Kingston
Nursing||Association|||3,000|3,800||6,800|
||Handyperson|||||10,000|(10,000)|||
||Transport
Services|||||4,856|(4,856)|||
||Magic Table|||||2,271|||2,271|
||The National|Lottery||Community|Fund|||||
||(FANS project)|||||21,045|3,518|(11,517)|13,046|
|||||||41,172|(7,538)|(11,517)|22,117|
||TOTAL FUNDS|||||3,836,353|319,650||4,156,003|
##
##
##
||||||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|---|---|---|
||||||resources
I|expended|losses
I|in funds
I|
|Unrestricted
funds|||||||||
|General fund|||||1,753,852|(1,562,043)||191,809|
|Fair value reserve|||||||135,379|135,379|
||||||1,753,852|(1,562,043)|135,379|327,188|
|Restricted funds|||||||||
|Kingston
Nursing
Association|||||3,800|||3,800|
|Handyperson||||||(10,000)||(10,000)|
|Transport
Services||||||(4,856)||(4,856)|
|The National
Lottery||Community||Fund|||||
|(FANS project)|||||40,042|(36,524)||3,518|
|The National
Lottery||Community||Fund - RC|||||
|London and South|East Region||||96,952|(96,952)|||
|City Bridge Trust -|London||Community||||||
|Response
Fund|||||53,126|(53,126)|||
||||||193,920|(201,458)||(7,538)|
|TOTAL FUNDS|||||1,947,772|(1,763,501)|135,379|319,650|
|Comparatives
for||movement||in funds|||||
|||||||Net|Transfers||
|||||||movement|between|At|
||||||At I/4/19|in funds|funds|3I/3/20|
||||||I|I|I||
|Unrestricted
funds|||||||||
|General
fund|||||1,933,872|(343,466)|9,772|1,600,178|
|Revaluation
reserve|||||182,064|||182,064|
|Building
development||reserve|||183,650|(4,855)|521,205|700,000|
|Transformation
Fund|||||1,000,000||(420,000)|580,000|
|Fair value reserve|||||954,267|(110,351)|(110,977)|732,939|
||||||4,253,853|(458,672)||3,795,181|
|Restricted
funds|||||||||
|Kingston
Nursing
Association||||||3,000||3,000|
|Handyperson|||||30,000|(20,000)||10,000|
|Transport
Services|||||4,856|||4,856|
|Magic Table|||||19,416|(17,145)||2,271|
|Social Investment|Business||Grant||25,139|(25,139)|||
|The National
Lottery||Community||Fund|||||
|(FANS project)||||||21,045||21,045|
||||||79,411|(38,239)||41,172|
|TOTAL FUNDS|||||4,333,264|(496,911)||3,836,353|
##
##
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|Comparative
net|mov|ement
in fu|nds,
include|d
in the above are|as follows:|||
|---|---|---|---|---|---|---|---|
|||||Incoming|Resources|Gains and|Movement|
|||||resources|expended|losses|in funds|
|||||6|6|6|6|
|Unrestricted
funds||||||||
|Generalfund||||2g502g642|(2,858,287)|12,179|(343,466)|
|Building development
Fair value reserve||reserve|||(4,855)|(110,351)|(4,855)
(110,351)|
|||||2g502,642|(2,863,142)|(98,172)|(458,672)|
|Restricted funds||||||||
|Kingston
Nursing|Association|||3,000|||3g000|
|Handyperson||||10,000|(30,000)||(20,000)|
|Magic Table
Social Investment|Business Grant||||(17,145)
(25,139)||(17,145)
(25,139)|
|The National
Lottery||Community|Fund|||||
|(FANS project)||||21,045|||21,045|
|||||34,045|(72,284)||(38,239)|
|TOTAL FUNDS||||2536687|(2g935g426)|(98,172)|(496,911)|
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