| Page | ||||
|---|---|---|---|---|
| Report ofthe Trustees | 1 | to | 4 | |
| Independent Examiner's |
Report | |||
| Statement ofFinancial Activities | ||||
| Balance Sheet | ||||
| Cash Flow Statement | ||||
| Notes to the Cash Flow | Statement | |||
| Notes to the Financial Statements | 10 | to | 17 | |
| Detailed Statement ofFinancial Activities | 18 | to | 19 |
| 30.9.21 | 30.9.20 | |||||
|---|---|---|---|---|---|---|
| Fair | ||||||
| Unrestricted | value | Total | Total | |||
| fund | reserve | funds | funds | |||
| Notes | ||||||
| INCOME AND ENDOWMENTS FROM | ||||||
| Charitable activities |
||||||
| Income i'rom tours | 12,000 | 12,000 | 53,114 | |||
| Other trading activities | 10,338 | 10,338 | 101 | |||
| Investment income |
48,991 | 48,991 | 46,892 | |||
| Total | 71,329 | 71,329 | 100,107 | |||
| EXPENDITURE ON | ||||||
| Charitable activities |
||||||
| Tour and accommodation | costs | 27,740 | 27,740 | 37,987 | ||
| Support costs | 107,190 | 107,190 | 112,116 | |||
| Fundraising and publicity |
3,471 | 3,471 | 5,586 | |||
| Grants to deserving cases |
1,374 | |||||
| Total | 138,401 | 138,401 | 157,063 | |||
| NET INCOME/(EXPENDITURE) | (67,072) | (67,072) | (56,956) | |||
| RECONCILIATION OF FUNDS |
||||||
| Total funds brought forward |
1,176,854 | 1,268,089 | 2,444,943 | 2,501,899 | ||
| TOTAL FUNDS CARRIED FORWARD | 1,109,782 | 1,268,089 | 2,377,871 | 2,444,943 |
| CASH FLOW STATEMENT | CASH FLOW STATEMENT | |||||
|---|---|---|---|---|---|---|
| for | the | ear ended 30SEPTEMBER2021 | ||||
| 30.9.21 | 30.9.20 | |||||
| Notes | ||||||
| Cash flows from operating | activities | |||||
| Cash generated &om operations |
(102,483) | (160,570) | ||||
| Net cash used in operating | activities | (102,483) | (160,570) | |||
| Cash flows from investing | activities | |||||
| Purchase oftangible fixed assets | (555) | |||||
| Interest received | 55 | 592 | ||||
| Rent received | 48,934 | 46,298 | ||||
| Net cash provided by investing | activities | 48,989 | 46,335 | |||
| Change in cash and cash equivalents | in | |||||
| the reporting period |
(53,494) | (114,235) | ||||
| Cash and cash equivalents | at | the | ||||
| beginning ofthe reporting |
period | 370,439 | 484,674 | |||
| Cash and cash equivalents | at | the end of | ||||
| the reporting period |
316,945 | 370,439 |
| ACTIVITIES | |||
|---|---|---|---|
| 30.9.21 | 30.9.20 | ||
| Net expenditure for the reporting |
period (asper the Statement of | ||
| Financial Activities) Adjustments for: |
(67,072) | (56,956) | |
| Depreciation charges |
6,397 | 6,397 | |
| Interest received | (55) | (592) | |
| Rent received | (48,934) | (46,298) | |
| Decrease/(increase) in debtors |
39,251 | (21,292) | |
| Decrease in creditors | (32,070) | (41,829) | |
| Net cash used in operations | (102,483) | (160,570) |
| At 1.10,20 | Cash flow | At 30.9.21 | |
|---|---|---|---|
| Net cash | |||
| Cash at bank and in hand | 370,439 | (53,494) | 316,945 |
| 370,439 | (53,494) | 316,945 | |
| Total | 370,439 | (53,494) | 316,945 |
| OTHER TRADING ACTIVITIES | ||
|---|---|---|
| 30.9.21 | 30.9.20 | |
| Insurance commissions |
(950) | |
| Other income | 65 | 101 |
| Government grants |
11,223 | |
| 10,338 | 101 | |
| INVESTMENT INCOME | ||
| 30.9.21 | 30.9.20 | |
| Rents received | 48,936 | 46,300 |
| Deposit account interest | 55 | 592 |
| 48,991 | 46,892 |
| 30.9.21 | 30.9.20 | ||
|---|---|---|---|
| Activity | |||
| France | Income &om tours | 18,706 | |
| Homeland | Income &om tours | 14,790 | |
| Activity trips | Income &om tours | 8,148 | |
| Cancelled tour deposits | Income &om tours | 12,000 | 11,470 |
| 12,000 | ' 53,114 |
| Grant funding | ||||||||
|---|---|---|---|---|---|---|---|---|
| ofactivities | Support costs | |||||||
| Direct costs | (Seenote 7) | (Seenote 8) | Totals | |||||
| Tours and | accommodation | costs | 27,740 | 27,740 | ||||
| Support costs | 88,998 | 18,192 | 107,190 | |||||
| Fundraising | and publicity | 3,471 | 3,471 | |||||
| Grants to deserving | cases | |||||||
| 120,209 | 18,192 | 138,401 | ||||||
| 7. | GRANTS | PAYABLE | ||||||
| 30.9.21 | 30.9.20 | |||||||
| Grants to deserving | cases | 1,374 |
| Costs | Costs | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| attributable | to | Governance | Basis of | ||||||
| Direct costs | other income | costs | Total | apportionment | |||||
| Staffcosts | 57,418 | 2,400 | 59,818 | Estimated staff | time | ||||
| Communications, | printing, | 1,015 | 27 | 27 | 1,069 | Estimated staff | time | ||
| stationery | and publicity | ||||||||
| Repairs and maintenance | 3,474 | 434 | 434 | 4,342 | Estimated staff | time | |||
| Insurance | s | 3,862 | 2 | 737 | 900 | 7,499 | Invoices | ||
| Trustees' | expenses | Governance | |||||||
| Accountancy | 9,136 | 9,136 | Governance | ||||||
| Depreciation | 4,773 | 984 | 640 | 6,397 | Amount relating | to | |||
| flats, estimated | staff | ||||||||
| time | |||||||||
| Cleaning | and sundries | 18,456 | 473 | 18,929 | Estimated staff | time | |||
| 88,998 | 4,182 | 14,010 | 107,190 |
| 30.9.21 | 30.9.20 | ||||
|---|---|---|---|---|---|
| Depreciation | - | owned | assets | 6,397 | 6,395 |
| STAFFCOSTS | ||||||
|---|---|---|---|---|---|---|
| 30.9.21 | 30.9.20 | |||||
| f. | ||||||
| Wages and salaries | 59,818 | 63,667 | ||||
| 59,818 | 63,667 | |||||
| The average monthly | number ofemployees | during the year was as follows: | ||||
| 30.9.21 | 30.9.20 | |||||
| Management and administration |
4 | 4 | ||||
| No employees received emoluments |
in excess off60,000. | |||||
| COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | ||||||
| Fair | ||||||
| Unrestricted | value | Total | ||||
| fund | reserve | funds | ||||
| INCOME AND ENDOWMENTS | FROM | |||||
| Charitable activities |
||||||
| Income &om tours | 53,114 | 53,114 | ||||
| Other trading activities | 101 | 101 | ||||
| Investment income |
46,892 | 46,892 | ||||
| Total | 100,107 | 100,107 | ||||
| EXPENDITURE ON | ||||||
| Charitable activities |
||||||
| Tour and accommodation | costs | 37,987 | 37,987 | |||
| Support costs | 112,116 | 112,116 | ||||
| Fundraising and publicity |
5,586 | 5,586 |
| 12. | COMPARATIVES F | OR THE | STATEMEN | T OF | FINANCI | AL ACTIVITIE | S -continued | |
|---|---|---|---|---|---|---|---|---|
| Fair | ||||||||
| Unrestricted | value | Total | ||||||
| fund | reserve | funds | ||||||
| Grants to deserving cases |
1,374 | 1,374 | ||||||
| Total | 157,063 | 157,063 | ||||||
| NET INCOME/(EXPENDITURE) | (56,956) | (56,956) | ||||||
| RECONCILIATION | OF FUNDS | |||||||
| Total funds brought forward | 1,233,810 | 1,268,089 | 2,501,899 | |||||
| TOTAL FUNDS CARRIED FORWARD | 1,176,854 | 1,268,089 | 2,444,943 | |||||
| 13. | TANGIBLE FIXEDASSETS | |||||||
| Fixtures | ||||||||
| Freehold | Long | and | Office | |||||
| property | leasehold | fittings | equipment | Totals | ||||
| COST | ||||||||
| At 1 October 2020 and | ||||||||
| 30September 2021 | 1,650,000 | 352,787 | 115,281 | 8,017 | 2,126,085 | |||
| DEPRECIATION | ||||||||
| At 1 October 2020 | 16,932 | 31,245 | 7,544 | 55,721 | ||||
| Charge for year | 2,822 | 3,438 | 137 | 6,397 | ||||
| At 30 September 2021 | 19,754 | 34,683 | 7,681 | 62,118 | ||||
| NET BOOK VALUE | ||||||||
| At 30 September 2021 | 1,650,000 | 333,033 | 80,598 | 336 | 2,063,967 | |||
| At 30 September 2020 | 1,650,000 | 335,855 | 84,036 | 473 | 2,070,364 | |||
| Cost or valuation at 30 |
September | 2021 is represented | by: | |||||
| Freehold | Long | Office | ||||||
| property | leasehold | equipment | Furniture | Totals | ||||
| Valuation in 2008 |
329,778 | 329,778 | ||||||
| Valuation in 2013 |
232,500 | 232,500 | ||||||
| Valuation in 2017 |
705,812 | 705,812 | ||||||
| Cost | 381,910 | 352,787' | 7,462 | 115,281 | 857,440 | |||
| 1,650,000 | 352,787 | 7,462 | 115,281 | 2,125,530 |
| 30.9.21 | 30.9.20 |
|---|---|
| 381,910 | 381,910 |
| DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
|---|---|---|
| 30.9.21 | 30.9.20 | |
| Other debtors | 8,857 | 7,788 |
| Prepayments and accrued income |
23,280 | 63,600 |
| 32,137 | 71,388 | |
| CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
| 30.9.21 | 30.9.20 | |
| Payments received on account |
11,006 | 23,238 |
| Social security and other taxes | 501 | 574 |
| VAT | 9,571 | 25,550 |
| Creditors for tours &accomm | 240 | 7,785 |
| Other creditors | 5,315 | 1,982 |
| Accrued expenses | 8,545 | 8,119 |
| 35,178 | 67,248 |
| Balance | as at 1 October 2020 | 23,238 | ||
|---|---|---|---|---|
| Amount | released to income earned &om charitable | activities | (12,000) | |
| Amount | related to cancelled tours refunded | to customers | (6,985) | |
| Amount | deferred in year | 6,753 | ||
| Balance | as at 30 September 2021 | 11,006 |
| MOVEMEN | T IN FUNDS | |||||||
|---|---|---|---|---|---|---|---|---|
| Net | ||||||||
| At | movement | At | ||||||
| 1.10.20 | m funds | 30.9.21 | ||||||
| Unrestricted | funds | |||||||
| General fund | 1,176,854 | (67,072) | 1,109,782 | |||||
| Fair value reserve | 1,268,089 | 1,268,089 | ||||||
| 2,444,943 | (67,072) | 2,377,871 | ||||||
| TOTAL FUNDS | 2,444,943 | (67,072) | 2,377,871 | |||||
| Net movement | in funds, included | in the above | are as follows: | |||||
| Incoming | Resources | Movement | ||||||
| resources | expended | in funds | ||||||
| Unrestricted | funds | |||||||
| General fund | 71,329 | (138,401) | (67,072) | |||||
| TOTAL FUNDS | 71,329 | (138,401) | (67,072) | |||||
| Comparatives | for movement | in | funds | |||||
| Net | ||||||||
| At | movement | At | ||||||
| 1.10.19 | in funds | 30.9.20 | ||||||
| Unrestricted | funds | |||||||
| General fund | 1,233,810 | (56,956) | 1,176,854 | |||||
| Fair value reserve | 1,268,089 | 1,268,089 | ||||||
| 2,501,899 | (56,956) | 2,444,943 | ||||||
| TOTAL FUNDS | 2,501,899 | (56,956) | 2,444,943 | |||||
| Comparative | net movement | in | funds, included | in the above are as follows: | ||||
| Incoming | Resources | Movement | ||||||
| resources | expended | in funds | ||||||
| Unrestricted | funds | |||||||
| General fund | 100,107 | (157,063) | (56,956) | |||||
| TOTAL FUNDS | 100,107 | (157,063) | (56,956) |
| Net | ||||
|---|---|---|---|---|
| At | movement | At | ||
| 1.10.19 | in funds | 30.9.21 | ||
| Unrestricted | funds | |||
| General fund | 1,233,810 | (124,028) | 1,109,782 | |
| Fair value reserve | 1,268,089 | 1,268,089 | ||
| 2,501,899 | (124,028) | 2 377871 | ||
| TOTAL FUNDS | 2,501,899 | (124,028) | 2,377,871 |
| Incoming | Resources | Movement | |||
|---|---|---|---|---|---|
| resources | expended | in funds | |||
| Unrestricted | funds | ||||
| General | fund | 171,436 | (295,464) | (124,028) | |
| TOTAL | FUNDS | 171,436 | (295,464) | (124,028) |
| for the ear ended 30S |
EPTEMBER2021 | ||
|---|---|---|---|
| 30.9.21 | 30.9.20 | ||
| INCOME AND ENDOWMENTS | |||
| Other trading activities | |||
| Insurance commissions | (950) | ||
| Other income | 65 | 101 | |
| Government grants |
11,223 | ||
| 10,338 | 101 | ||
| Investment income |
|||
| Rents received | 48,936 | 46,300 | |
| Deposit account interest | 55 | 592 | |
| 48,991 | 46,892 | ||
| Charitable activities |
|||
| France | 18,706 | ||
| Homeland | 14,790 | ||
| Activity trips | 8,148 | ||
| Cancelled tour deposits | 12,000 | 11,470 | |
| 12,000 | 53,114 | ||
| Total incoming resources | 71,329 | 100,107 | |
| EXPENDITURE | |||
| Charitable activities |
|||
| Wages | 59,818 | 63,667 | |
| Rates and water | 4,188 | 3,631 | |
| Insurance | 7,499 | 6,523 | |
| Light and heat | 2,930 | 3,486 | |
| Telephone and postage |
954 | 1,097 | |
| Printing and Publicity |
115 | 634 | |
| Marketing and Website |
3,471 | 5,586 | |
| Sundries | 6,420 | 11,018 | |
| France | 1,454 | 14,759 | |
| Spain | 12,581 | ||
| Homeland | 10,105 | 14,515 | |
| Isle ofWight | 1,898 | ||
| Activity trips | 3,600 | 6,815 | |
| Rent and service charge | 4,402 | 2,998 | |
| Repairs and maintenance | 4,342 | 1,395 | |
| Bank charges | 989 | 1,520 | |
| Long leasehold | 2,822 | 2,822 | |
| Fixtures and fittings | 3,438 | 3,438 | |
| Depn ofoffice equipment | 137 | 137 | |
| Grants to deserving | cases | 1,374 | |
| 129,265 | 147,313 |
| for the ear ended 30S |
EPTEMBER2021 | ||
|---|---|---|---|
| 30.9.21 | 30.9.20 | ||
| Support costs | |||
| Governance | costs | ||
| Accountancy | and legal fees | 9,136 | 6,732 |
| Committee and Officers expense |
3,018 | ||
| 9,136 | 9,750 | ||
| Total resources | expended | 138,401 | 157,063 |
| Net expenditure | (67,072) | (56,956) |