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2020-12-31-accounts
|
Pages |
| Trustees annual report (incorporating the director's report) |
1 to 4 |
| Independent examiner's report to the trustees |
5 |
| Statement o f financial activities (including income and expenditure account) |
6 |
| Statement o f financial position |
7 |
| Notes to the financial statements |
8 to 14 |
| Registered charity name |
Grove Books Limited |
| Charity registration number |
327014 |
| Company registration number |
01926963 |
| Principal office and registered |
Ridley Hall |
| office |
Ridley Hall Road |
|
Cambridge |
|
CB3 9HU |
| The trustees |
Revd M P C Collinson |
|
Dr F Shaw |
|
Revd I G Silk |
|
Revd A S G Tufnell |
|
Ven B T Lloyd |
|
Revd N J Blandford−Baker |
|
Revd R J Steel (Chair) |
|
Rev D 1 Holbird |
|
Rev A J Guest |
| Company secretary |
Dr F Shaw |
| Independent examiner |
Mr S Tharby FCA |
|
For and on behalf of |
|
Streets Chartered Accountants |
|
3 Wellbrook Court |
|
Girton |
|
Cambridge |
|
CB3 ONA |
|
|
2020 |
2020 |
2019 |
|
|
Unrestricted |
|
|
|
|
funds |
Total funds |
Total funds |
|
Note |
£ |
£ |
£ |
| Income and endowments |
|
|
|
|
| Donations and legacies |
5 |
10,010 |
10,010 |
— |
| Charitable activities |
6 |
87,009 |
87,009 |
106,347 |
| Investment income |
7 |
116 |
116 |
176 |
| Other income |
8 |
515 |
515 |
539 |
| Total income |
|
97,650 |
97,650 |
107,062 |
|
|
|
|
— |
| Expenditure |
|
|
|
|
| Expenditure on charitable activities |
9,10 |
109,336 |
109,336 |
119,810 |
| Total expenditure |
|
109,336 |
109,336 |
119,810 |
|
|
|
|
— |
|
|
_ |
|
|
| Net expenditure and net movement in funds |
|
(11,686) |
(11,686) |
(12,748) |
| Reconciliation of funds |
|
|
|
|
| Total funds brought forward |
|
56,684 |
56,684 |
69,432 |
| Total funds carried forward |
|
44,998 |
44,998 |
56,684 |
|
|
— |
— |
— |
|
|
2020 |
|
2019 |
|
|
Note |
|
|
|
|
| Current assets |
|
|
|
|
|
| Stocks |
15 |
22,892 |
|
36,726 |
|
| Debtors |
16 |
2,375 |
|
3,342 |
|
| Cash at bank and in hand |
|
39,947 |
|
36,089 |
|
|
|
65,214 |
|
76,157 |
|
| Creditors: amounts falling due within |
|
|
|
|
|
| one year |
17 |
20,216 |
|
19,473 |
|
| Net current assets |
|
|
44,998 |
|
56,684 |
| Total assets less current liabilities |
|
|
44,998 |
|
56,684 |
| Net assets |
|
|
44,998 |
|
56,684 |
|
|
|
|
|
− |
| Funds of the charity |
|
|
|
|
|
| Unrestricted funds |
|
|
44,998 |
|
56,684 |
| Total charity funds |
19 |
|
44,998 |
|
56,684 |
|
|
|
Unrestricted |
**Total ** |
Funds |
Unrestricted |
Total |
Funds |
|
|
|
Funds |
|
2020 |
Funds |
|
2019 |
| Donations |
|
|
|
|
|
|
|
|
| Donations |
|
|
10 |
|
10 |
|
|
|
| Grants |
|
|
|
|
|
|
|
|
| Government |
grant |
income |
10,000 |
|
10,000 |
|
|
|
|
|
|
10,010 |
|
10,010 |
|
|
|
|
|
Unrestricted |
Total Funds |
Unrestricted |
Total Funds |
|
|
Funds |
2020 |
Funds |
2019 |
|
|
£ |
£ |
£ |
£ |
|
Charitable trading income |
87,009 |
87,009 |
106,347 |
106,347 |
| 7. |
Investment income |
|
|
|
|
|
|
Unrestricted |
Total Funds |
Unrestricted |
Total Funds |
|
|
Funds |
2020 |
Funds |
2019 |
|
|
£ |
£ |
£ |
£ |
|
Bank interest receivable |
116 |
116 |
176 |
176 |
|
|
— |
|
— |
— |
|
|
|
_ |
|
|
| 8. |
Other income |
|
|
|
|
|
|
Unrestricted |
Total Funds |
Unrestricted |
Total Funds |
|
|
Funds |
2020 |
Funds |
2019 |
|
|
£ |
£ |
£ |
£ |
|
Royalties |
340 |
340 |
384 |
384 |
|
Association subscriptions |
175 |
175 |
155 |
155 |
|
|
515 |
515 |
539 |
539 |
| 9. |
Expenditure on charitable activities by fund type |
|
|
|
|
|
|
Unrestricted |
Total Funds |
Unrestricted |
Total Funds |
|
|
Funds |
2020 |
Funds |
2019 |
|
|
£ |
£ |
£ |
£ |
|
Advancement of the Christian Faith |
64,877 |
64,877 |
64,146 |
64,146 |
|
Support costs |
44,459 |
44,459 |
55,664 |
55,664 |
|
|
109,336 |
109,336 |
119,810 |
119,810 |
| 10. |
Expenditure on charitable activities by activity type |
|
|
|
|
|
|
Activities |
|
|
|
|
|
undertaken |
|
Total funds |
Total fund |
|
|
directly |
Support costs |
2020 |
2019 |
|
|
£ |
£ |
£ |
£ |
|
Advancement of the Christian Faith |
64,877 |
42,959 |
107,836 |
118,360 |
|
Governance costs |
|
1,500 |
1,500 |
1,450 |
|
|
— |
|
|
|
|
|
64,877 |
44,459 |
109,336 |
119,810 |
| 11. |
Analysis of support costs |
|
|
|
|
|
Advancement |
|
|
|
|
of the Christian |
|
|
|
|
Faith |
Total 2020 |
Total 2019 |
|
Staff costs |
24,304 |
24,304 |
25,762 |
|
Premises |
7,806 |
7,806 |
7,685 |
|
Communications and IT |
339 |
339 |
423 |
|
Governance costs |
1,500 |
1,500 |
1,450 |
|
Other costs |
10,510 |
10,510 |
20,344 |
|
|
44,459 |
44,459 |
55,664 |
| 12. |
Independent examination fees |
|
|
|
|
|
|
2020 |
2019 |
|
Fees payable to the independent examiner for: |
|
|
|
|
Independent examination of the financial statements |
|
1,500 |
1,450 |
|
2020 |
2019 |
| Wages and salaries |
23,159 |
24,547 |
| Employer contributions to pension plans |
1,145 |
1,215 |
|
24,304 |
25,762 |
| The average head count of employees during the year was 2 (2019: |
2). The average number o f full−time |
|
| equivalent employees during the year is analysed as follows: |
|
|
The average head count of employees during th
equivalent employees during the year is analysed |
e year was 2 (2019: 2). The average nu
as follows: |
mber |
o f full−tim |
e |
|
2020 |
|
2019 |
|
|
No. |
|
No. |
|
| Administration |
|
1 |
|
1 |
|
|
2020 |
2019 |
| Goods |
for resale |
22,892 |
36,726 |
|
2020 |
2019 |
|
£ |
£ |
| Trade debtors |
1,504 |
2,978 |
| Other debtors |
871 |
364 |
|
2,375 |
3,342 |
|
− |
|
| Creditors: amounts falling due within one year |
|
|
|
2020 |
2019 |
|
£ |
£ |
| Trade creditors |
3,345 |
2,250 |
| Accruals and deferred income |
16,520 |
16,923 |
| Other creditors |
351 |
300 |
|
20,216 |
19,473 |
|
− |
− |
| Government grants |
|
|
| The amounts recognised in the financial statements for government grants are as follows: |
|
|
|
2020 |
2019 |
|
£ |
£ |
| Recognised in income from donations and legacies: |
|
|
| Government grants income |
10,000 |
− |
|
|
− |
|
|
|
|
|
|
|
|
At |
|
|
|
|
At |
|
|
**31 ** |
December |
|
|
1 |
January |
2020 |
Income |
Expenditure |
|
2020 |
|
|
|
|
£ |
£ |
£ |
|
£ |
| General |
funds |
|
56,684 |
|
97,650 |
(109,336) |
|
44,998 |
|
|
|
− |
|
|
− |
|
− |
|
|
|
|
|
|
|
|
At |
|
|
|
|
At |
|
|
31 |
December |
|
|
1 |
January |
2019 |
Income |
Expenditure |
|
2019 |
|
|
|
|
£ |
£ |
£ |
|
£ |
| General |
funds |
|
69,432 |
|
107,062 |
(119,810) |
|
56,684 |
|
Unrestricted |
Total Funds |
|
Funds |
2020 |
| Current assets |
65,214 |
65,214 |
| Creditors less than 1 year |
(20,216) |
(20,216) |
| Net assets |
44,998 |
44,998 |
|
Unrestricted |
Total Funds |
|
Funds |
2019 |
| Current assets |
76,157 |
76,157 |
| Creditors less than 1 year |
(19,473) |
(19,473) |
| Net assets |
56,684 |
56,684 |