2020-12-31-accounts - The Guide Association South-West England

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

						2020	2019
Income and expenditure		Note	Unrestricted E	Restricted E	Designated E	Total	Totalf
INCOME AND ENDOWMENTS	FROM:
Donations and legacies		2	2,996	1,586	1,159	5,741	22,779
Charitable activities		3	773,059			773,059	993,243
Other trading activities		4	48,759			48,759	78,422
Investment income			7,374			7,374	11,636
Total income			832,188	1,586	1,159	834,933	1,106,080
EXPENDITURE ON:
Raising funds		5	35,888			35,888	56,513
Charitable activities		6	618,966	3.333	13,625	635,924	985,874
Total expenditure			654,854	3.333	13,625	671,812	1,042,387
Net gains/(losses) on investments		11	72,430			72,430	89,976
NET INCOIVIE/(EXPENDITURE)			249,764	(1,747)	(12,466)	235,551	153,669
Transfers between funds		16	(75,625)		75,625
NET MOVEMENT IN FUNDS			174,139	(1,747)	63,159	235,551	153,669
RECONCILIATION OF FUNDS;
Total funds brought forward			1,322,013	36,677	279,389	1,638,079	1,484,410
TOTAL FUNDS CARRIED FORWARD			1,496,152	34p930	342p548	1873 630	1p638079

		Note	2020 f	2020f	2019 f	2019 f
Fixed assets
Tangible fixed assets		10	299,719		294,610
Investments		11	1,065,109		1,197,921
				1,364,828		1,492,531
Current assets
Stock		12	55,220		55,025
Debtors		13	185I557		313,588
Cash at bank and in hand			484,133		134,126
Total current assets			724,910		502,739
Creditors
Amounts falling due within one year		14	(216,108)		(357,191)
Net current assets				508,802		145,548
NET ASSETS				1,873,630		1p638,079
Funds
Restricted funds		16		34,930		36,677
Unrestricted funds:
Designated	funds	17		342,548		279,389
Other charitable funds				1,496,152		1,322,013
TOTAL CHARITY	FUNDS			1,S73,630		1,63S,079

	~ ~	~
	~ ~		~			a '	I I
								2020	2019
							Notes		f
CASH FLOWS FROM OPERATING ACTIVITIES:
Net	cash provided by/(used in) operating			activities			a	169,525	63,263
Cash flows from investing activities:
	Purchase ofinvestments							(583,657)	(539,448)
	Sale proceeds ofinvestments							837,068	463,767
	Purchase oftangible fixed assets							(24,760)	(7,386)
Net	cash provided by/(used in) investing			activities				228,651	(83,067)
CHANGE IN CA5H AND CASH EQUIVALENTS FOR THE YEAR								398,176	(19,804)
Cash	and cash equivalents brought forward						b	162,647	182,451
CASH AND CASH EQUIVALENTS CARRIED				FORWARD
AT31DECEMBER								560,823	162,647
a)	Reconciliation ofnet income/(expenditure)					to net cash flow from		operating activities
								2020	2019
								E	E
	Net income/(expenditure) forthe		year as		per	the Statement of
	Financial Activities							235,551	153,669
	Adjusted for:
	Depreciation							19,651	13,182
	Unrealised (gains)/losses on investments							(87,427)	(82,989)
	Realised (gains)/losses on disposal		of investments					14,997	(6,787)
	(Increase)/decrease in stock							(195)	(6,987)
	(Increase)/decrease in debtors							128,031	20,793
	Increase/(decrease) in creditors							(141,083)	(27,618)
	Net cash (used in)/provided by	operating			activities			169,525	63,263
b)	Analysis ofcash and cash equivalents
								2020	2019
								E	f
	Cash at bank and in hand							484,133	134,126
	Cash held as part ofinvestment	portfolio						76,690	28,521
								560,823	162,647

2.	Donations	and legacies	and legacies				Total	Total
				Unrestricted E	Restricted E	Designated E	2020 f	2019 E
	Grants				1,586	1,159	2,745	17,844
	Donations			2,996			2,996	4,935
				2,996	1,586	1,159	5,741	22,779
3.	Charitable	Activities					Total	Total
				Unrestricted	Restricted	Designated	2020	2019
				f	E	E	E	E
	Subscriptions			670,044			670,044	672,065
	Training							3,155
	International		trips	3,391			3,391	272,925
	Events			99,624			99,624	45,098
				773,059			773,059	993,243
4.	Other Trading		Activities				Total	Total
				Unrestricted E	Restricted f	Designated E	2020 E	2019 E
	Lettings and rental income			15,925			15,925	19,678
	General trading sales			32,834			32,834	27,924
	Badge and	resource sales						30,820
				48,759			48,759	78,422

S.	Raising Funds						Unrestricted	Restricted	Designated	Total	Total
							Fundsf	Funds E	Funds	f	2019 f
	Trading expenses
	General merchandising			costs			4,410			4,410	8,394
	Badge and resource		costs				19,200			19,200	35,150
	Investment management				charges		12,278			12,278	12,969
							35,888			35,888	56,513
6.	Expenditure on	Charitable			Activities		Unrestricted	Restricted	Designated	Total	Total
							Funds f	Fundsf	Fundsf	2020f	2019
	Direct Costs
	Grants payable							2,903	13,625	16,528	30,044
	Membership service		costs				16,016			16,016	11,908
	Training						3,239			3,239	16,720
	International trips						22,835			22,835	282,294
	Events						133,950			133,950	105,214
							176,040	2,903	13,625	192,568	446,180
	Support Costs
	Staff costs (note 9)						279,917			279,917	272,122
	Staff travel, training		and recruitment				2,232			2 232	24,199
	Premises costs						25,630			25,630	36,871
	Insurance						7,608			7,608	3,010
	Administration	costs					71,015			71,015	69,581
	Marketing						5,525			5,525	12,899
	Website expenses						3,285			3,285	20,477
	Non staff travel	and	subsistence			costs	12,171			12,171	67,189
	Legal and professional			fees			7,802			7,802	7,710
	Audit and accountancy			fees			7,080			7,080	7,532
	Depreciation						19,220	430		19,650	13,182
	Bank charges						1,427			1,427	1,682
	Sundries						14			14	3,240
							442,926	430		443,356	539,694
							618,966	3,333	13,625	635,924	985,874

Expenditure			Total	Total
			2020	2019
Expenditure	includes:		E	E
Depreciation	-owned	assets	19,650	13,182
Auditors' remuneration		-for audit	7,080	4,550
		-for other services		2,982
Operating lease rentals			12,809	8,220

Staff Numbers and Remuneration	Staff Numbers and Remuneration				2020	2019
					E	E
Wages and	salaries				240,592	235,154
Social security costs					18,142	19,763
Employer's	pension contributions				21,183	17,205
					279,917	272,122
The average	number ofpeople employed,	including	part-time	staff:	2020	2019

10.	Tangible fixed assets
				Freehold	Furniture and
				Property f	Equipment f	Total
	Cost
	At 1January 2020			401,584	125,188	526,772
	Additions				24,760	24,760
	Disposals
	At 31December 2020			401,584	149,948	551,532
	Depreciation
	At 1January 2020			125,403	106,760	232,163
	Charge forthe year			6,032	13,618	19,650
	Eliminated on disposals
	At 31December 2020			131,435	120,378	251,813
	Net book value
	At 31December 2020			270,149	29,570	299,719
	At 31December 2019			276,181	18,428	294,609
11.	Investments
					2020	2019
	Movement in market value:				f	f
	Market value at 1January				1,169,400	1,003,743
	Acquisitions at cost				583,657	539,448
	Disposal proceeds				(837,068)	(463,767)
	Realised gains/(losses)	on	disposals		(14,997)	6,987
	Unrealised gains/(losses)		on revaluation		87,427	82,989
	Market value at31December				988,419	1,169,400
	Cash held as part ofportfolio				76,690	28,521
	Total market value ofinvestments				1,065,109	1,197,921
	Historical cost				850,342	960,884
	Analysis ofinvestments:
	UK equities				608,115	163,952
	Overseas equities				54,882	412,831
	Investment bonds and	other investments			325,422	592,617
	UK cash held as part of	portfolio			76,690	28,521
					1,065,109	1,197,921

12.	Stocks		2020	2019
	Stock for resale		55,220	55,025
13.	Debtors
			2020	2019
			f	f
	Other debtors		49,684	205,816
	Prepayments		135,873	107,772
			185,557	313,588
14.	Creditors: amounts	due within one year
			2020	2019
			f	f
	Trade creditors		(169)	8,547
	Taxation and Social	Security	4,445	8,671
	Other creditors		203,330	332,095
	Accrued expenses		8,502	7,878
			216,108	357,191

The total future minimum	leases are as	follows:
	2020f	2019 f
Equipment:
Less than 1year	15,568	8,220
Between 2 and 5years	50,595	23,662
Over 5years		1.133
	66,163	33,015

		Balance at	Balance at	Incoming	Outgoing	Transfers	Balance	at31
		1january f	2020	resources f	resources f	to/(from)	December 2020 E
Buchanan Opportunities	Fund			266	(250)			16
Friends ofSt Ann's Manor
St Ann's Manor
refurbishment			14,676		(430)			14,246
Girlguiding Peer Education grant			1,737					1.737
Girlguiding New Units grants			3,575		(2,553)			1,022
STEM grants			12,786					12,786
Girlguiding Membership
Growth &Retention grant
External grant for trips			2,244	1,216				3,460
Dof E Diamond Fund			859					859
Lady Benson Fund			800		(100)			700
Chiefs Charity Challenge				104				104
		36,677		1,586	(3,333)			34,930

					Balance at 1January 2020	Incoming resources	Resources expended	Transfers investments gains/(losses)	&	Balance at 31December 2020
									f	E
Designated	funds
Baden-Powell		International		Fund			(13,625)	13,625
Leadership	&	Training	Fund		6,744	1,159				7,903
Holly's Fund
Maintenance					150,000					150,000
Training					13,959					13,959
Grant Reserve					43,666					43,666
Large scale	events				65,000					65,000
Future trips	fund							62,000		62,000
					279369	1159	13625	75,625		342 54B

		Balance at 1January 2019	Incoming resources	Resources expended	Transfers investments gains/(losses)	&	Balance at 31December 2019
						E
Restricted funds
Buchanan Opportunities	Fund		274	(1,250)	976
Friends ofStAnn's Manor		640		(640)
St Ann's Manor refurbishment		15,106		(430)			14,676
Girlguiding Peer Education grant		1,825		(88)			1737
Girlguiding New Units grants		3,090	5,582	(5,097)			3,575
STEM grants		12,786					12,786
Girlguiding Membership grant	Growth &Retention	1,905		(1,905)
External grant for trips		500	5,496	(3,752)			2,244
Dof E Diamond Fund			1,475	(616)			859
Lady Benson Fund			1,000	(200)			800
		35852	13827	13978	976		36677
Designated funds:
Baden Powell Int fund			3,822	(21,820)	17,998
Leadership &Training		5,761	1,195	(212)			6,744
Holly's fund		935		(935)
Maintenance		150,000					150,000
Training		18,060		(4,101)			13,959
Grant Reserve		43,686					43,686
Large scale events					65,000		65,000
		218,442	5017	27068	82998		279389
Unrestricted funds		1,230,116	1,087,236	(1,001,341)	6,002		1,322,013
		1,484410	1,106,080	1,042,387	89,976		1,638,079

		Fixed assets	Investments	Net current	Total
				assets
				E
Restricted funds		14,246		20,684	34,930
Designated	funds			342,548	342,548
Unrestricted	funds	285,473	1,065,109	145,570	1,496,152
		299,719	1,065,109	508,802	1,873,630

				Net current
		Fixed assets	Investments		Total
				assets
		E	f	f
Restricted funds		14,676		22,001	36,677
Designated	funds			279,389	279,389
Unrestricted	funds	279,934	1,197,921	(155,842)	1,322,013
		294610	1,197 921	145548	1,638 079