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|Trustee||KQGSF Trustee|Limited|Limited||
|---|---|---|---|---|---|
|Charity number||309903||||
|Registered|office|36The Business|Exchange|||
|||Rockingham
Road||||
|||Kettering||||
|||Northamptonshire||||
|||NN16 6JX||||
|Auditors||Azets Audit Services||||
|||Ruthlyn
House||||
|||90 Lincoln Road||||
|||Peterborough||||
|||United
Kingdom||||
|||PE1 2SP||||
|Bankers||Barclays Bank pic||||
|||Barclays Technology||Centre||
|||Radbrooke
Hall||||
|||Knutsford||||
|||Cheshire||||
|||United
Kingdom||||
|||WA16 9EU||||
|Solicitors||Veale Wasbrough|Vizards|||
|||3 Brindley Place||||
|||Birmingham||||
|||United
Kingdom||||
|||B12JB||||
|investment|advisors|Smith & Williamson||investment|Management|
|||9Colmore Row||||
|||Birmingham||||
|||B32BJ||||
|||United
Kingdom||||
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|||Page|
|---|---|---|
|Trustee report||t -5|
|Statement
ofTrustee|responsibilities||
|Independent
auditor's|report|7-9|
|Statement
offinancial|activities|to|
|Balance sheet|||
|Notes to the financial|statements|12-23|
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|||||Unrestricted|Endowment|Total|Unrestricted|Endowment|Total|
|---|---|---|---|---|---|---|---|---|---|
|||||funds|funds||funds|funds||
|||||2021|2021|2021|2020|2020|2020|
|||Notes||F|6|6|6|6|5|
|e and end||wments|from.|||||||
|Donations
and|legacies||3|75,041||75,041||||
|Income from charitable||||||||||
|activities|||4|5,851||5,851|285,442||285,442|
|Investments|||5|165,270||165,270|167,600||167,600|
|Other income|||6|1,600||1,600||||
|Total income||||247,762||247,762|453,042||453,042|
|EKQ80f(~ure|K|||||||||
|Charitable
activities|||7|359,819||359,819|553,277||553,277|
|Net income/(expenditure)||||(112,057)||(112,057)|(100,235)||(100,235)|
|Net gains/(losses)||on||||||||
|investments|||12|443,610|376,371|819,981|(234,667)|(199,099)|(433,766)|
|Net movement|in|funds||331,553|376,371|707,924|(334,902)|(199,099)|(534,001)|
|Fund balances|at 6|||||||||
|April 2020||||2,138,875|2,655,914|4,794,789|2,473,777|2,855,013|5,328,790|
|Fund balances|at|5||||||||
|Api'il 2021||||2,470,428|3,032,285|5,502,713|2,138,875|2,655,914|4,794,789|
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||||||||||2021|2020||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||Notes|||6|6||
|Fixed assets||||||||||||
|Tangible assets|||||||13||533,546||549,751|
|Investment||properties|||||14||1,400,000||1,400,000|
|Investments|||||||15||3,394,445||2,596,464|
||||||||||5,327,991||4,546,215|
|Current assets||||||||||||
|Stocks|||||||16||1,028|1,028||
|Debtors|||||||17||45,857|31,767||
|Cash at bank and|||in|hand|||||163,989|264,300||
||||||||||210,874|297,095||
|Creditors:||amounts||falling|due within|||||||
|one year|||||||18||(36,152)|(48,521)||
|Net current||assets|||||||174,722||248,574|
|Total assets less|||current liabilities||||||5,502,713||4,794,789|
|Capital funds||||||||||||
|Endowment||funds|- general||||||3,032,285||2,655,914|
|Income funds||||||||||||
|Unrestricted||funds|||||||2,470,428||2,138,875|
||||||||||5,502,713||4,794,789|
|Tt
Ik|i|I
t t||t|pp|dbYth|T|t|.LUCE, Ixi|||
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|||||Unrestricted|Total|
|---|---|---|---|---|---|
|||||funds||
|||||2021|2020|
|||||5|f|
|Coronavirus|Job|Retention|Scheme grants|52,041||
|Other government||grants||23,000||
|||||75,041||
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|4|Income|from cha|ritable
activities|||
|---|---|---|---|---|---|
|||||2021|2020|
||Govilon|Learning|&Activity Centre|5,851|285,442|
|5|investments|||||
|||||2021|2020|
|||||6|6|
||Rental|income||93,201|81,900|
||Income|from listed|investments|70,640|83,925|
||Other income||||91|
||Interest|receivable||1,429|1,684|
|||||165,270|167,600|
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|||Unrestricted|Total|
|---|---|---|---|
|||funds||
|||2021|2020|
||||6|
|Other|income|1,600||
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|||Management|Govilon|Total|Total|
|---|---|---|---|---|---|
|||& Property|Activity|2021|2020|
||||Centre|||
|Staff costs|||129,801|129,801|128,867|
|Depreciation
and impairment
Coach hire||2.864|13,341|16,205|5,086
10,970|
|Food|||1,063|1,063|20,878|
|Rates and insurance||1,395|4,445|5,840|7,261|
|Repairs to property||6,172|20,750|26,922|65,864|
|Water rates|||163|163|2,234|
|Light and heat||561|4,250|4,811|7,696|
|Climbing
equipment|||35|35|4,778|
|Catering
equipment|||3,364|3,364|5,553|
|Minibus
running
costs|||2,918|2,918|18,640|
|Instructor fees|||1,200|1,200|55,604|
|Professional fees||4,860|805|5,665|24,115|
|Course costs|||(397)|(397)|5,817|
|Telephone|||692|692|1,026|
|Bank charges||93|169|262|509|
|Stationery
and sundries||2,828|5,283|8,111|14,942|
|Marketing|||34,152|34,152|34,448|
|Administration
costs||42,122||42,122|41,216|
|Investment
fees||13,353||13,353|13,464|
|||74,248|222,034|296,282|468,968|
|Grant funding
ofactivities (see note 6)||57,044||57,044|77,900|
|Share ofgovernance|costs (see note 9)|6,493||6,493|6,409|
|||137,785|222,034|359,819|553,277|
|Analysis
by fund||||||
|Unrestdicted
funds||137,785|222,034|359,819||
|||137,785|222,034|359,819||
|Forthe year ended|5April 2020|||||
|Unrestricted
funds||218,072|335,205||553,277|
|||218,072|335,205||553,277|
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||2021|2020|
|---|---|---|
||Number|Number|
|Total employees|||
|Employment
costs|2021|2020|
||6|6|
|Wages and salaries|177,130|174,996|
|Social security costs|15,240|14,886|
|Other pension costs|7,100|6,906|
||199,470|196,788|
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||||Unrestricted|Endowment|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|2021|2020|
|||||general|||
||||6|6|||
|Revaluation|ofinvestments||443,610|376,371|819,981|(433,766)|
|For the year|ended|5April|||||
|2020|||(234,667)|(199,099)||(433,766)|
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|Tangible|fixed asset|s|||||||
|---|---|---|---|---|---|---|---|---|
||||||Freehold||Fixtures,|Total|
||||||land|&|fittings and||
||||||buildings||equipment||
|||||||6|6||
|Cost or valuation|||||||||
|At 6April|2020||||495,000||186,607|681,607|
|Disposals|||||||(50,451)|(50,451)|
|At 5April|2021||||495,000||136,156|631,156|
|Depreciation
and impairment|||||||||
|At 6April|2020||||||131,856|131,856|
|Depreciation
charged||in the year|||||16,205|16,205|
|Eliminated|in respect|ofdisposals|||||(50,451)|(50,451)|
|At 5April|2021||||||97,610|97,610|
|Carrying|amount||||||||
|At 05 April 2021|||||495,000||38.546|533,546|
|At 05April 2020|||||495,000||54,751|549,751|
|The carrying
value of||land included|in land and buildings|comprises:|||||
||||||||2021|2020|
||||||||6|5|
|Freehold|land||||||200,000|200,000|
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|Investment
property||
|---|---|
||2021|
||f|
|Fair value||
|At 6April 2020 and 5April 2021|1,400,000|
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|||||Listed|
|---|---|---|---|---|
|||||investments|
|||||f.|
||Cost or valuation||||
||At 6 April|2020||2,596,464|
||Additions|||594,549|
||Valuation|changes||819,981|
||Disposals|||(616,549)|
||At 5April|2021||3,394,445|
||Carrying|amount|||
||At 5April|2021||3,394,445|
||At 5April|2020||2,596,464|
|16|Stocks||||
||||2021f|2020
f|
||Finished|goods and goods for resale|1,028|1,028|
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|17|Debtors|||||||||
|---|---|---|---|---|---|---|---|---|---|
|||||||||2021|2020|
||Amounts|falling due|within|one year:||||6|6|
||Other debtors|||||||38,243|24,066|
||Prepayments
and accrued income|||||||7,614|7,701|
|||||||||45,857|31,767|
|18|Creditors: amounts||falling|due within one year||||||
|||||||||2021|2020|
||||||||Notes|6|f.|
||Other taxation
and social security|||||||3,708|3,661|
||Deferred|income|||||19|17,482|25,231|
||Other creditors|||||||8,562|13,329|
||Accruals|and deferred|income|||||6,400|6,300|
|||||||||36,152|48,521|
|19|Deferred|income||||||||
|||||||||2021|2020|
|||||||||6|6|
||Arising
from Govilon income|||||||17,482|25,231|
||Deferred|income is included||in the financial|statements|as follows:||||
|||||||||2021|2020|
|||||||||6|f|
||Current
liabilities|||||||17,482|25,231|
|||||||||17,482|25,231|
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|Analysis|o|f net assets between funds|||||
|---|---|---|---|---|---|---|
||||Unrestricted|Permanent|Total|Total|
|||||endowment|||
||||2021|2021|2021|2020|
||||F|6|5|6|
|Fund balances at 5 April 2021 are|||||||
|represented||by:|||||
|Tangible|assets||533,546||533,546|549,751|
|Investment||properties||1,400,000|1,400,000|1,400,000|
|Investments|||1,865,565|1,528,880|3,394,445|2,596,464|
|Current|assets/(liabilities)||71,317|103,405|174,722|248,574|
||||2,470,428|3,032,285|5,502,713|4,794,789|
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||2021|2020|
|---|---|---|
|||6|
|Within one year|612|306|
|Between two and five years|306||
||918|306|
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