2021-03-31-accounts - Pennine Heritage Limited

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	Page
Contents
Report ofthe Trustees	3to8
Independent Examination
Statement of Financial Activities	10
Balance Sheet
Statement of Cash Flows	12
Notes to the Accounts	13to 16

					Restricted	Unrestricted
Incoming Resources					Funds		Total Funds	Total Funds
				Notes	31/03/2021	31/03/2021	31/03/2021	31/03/2020
From Generated Funds:
Income from Donations		and Legacies				953	953	2,243
Income from Grants					13,640	25,000	38,640	15,760
Investment Income						7	7	15
From Charitable Activities:						89,445	89,445	110,800
Total Incoming Resources					13,640	115,405	129045	128818
Resources Expended:
Charitable Activities					15,420	48,257	63,677	98,858
Donations						100	100
Governance Costs						13,599	13,599	25,042
Total Resources Expended					15,420	61,956	77,376	123,900
Net Income before Transfers					-1,780	53,449	51,669	4,918
Transfers between funds
Net movement ofFunds					-1,780	53,449	51,669	4,918
RECONCILIATION OF FUNDS
Total Funds Brought Forward				13	5,127	645,127	650,254	645,336
Total Funds carried Forward				13	3,347	698,576	701,923	650,254
							2,021	2,020
Income							129,038	128,803
Interest and investment income								15
Gross Income for the year							129,045	128,818
Expenditure							67,110	113,323
interest payable							7,492	8,993
Depreciation and charges	for	impairment	offixed assets				2,774	1,584
Total expenditure for the	year						77,376	123,900
Net income/expenditure	for	the year					51,669	4,918

				2021	2020
Cash flows from operating activities
Net income/(expenditure) per Statement	of Financial		Activities	51,669	4,918
Adjustments for:
Depreciation of Plant and Machinery				2,774	1,584
Increase/Decrease in Stock
Increase in trade and other receivables				-1,158	-2,917
Decrease in trade and other payables				-1,120	-1,092
Net Cash provided by operating activities				52,165	2,493
Cash flows from investing activities
Payments for property, plant and equipment				-5,958
Dividends, interest and rents from investments
Net cash from investing activities				-5,958
Cash flows from financing activities
Repayment of borrowings				-7,314	-6,086
Net cash used in financing activities				-7,314	-6,086
Net decrease in cash and cash equivalents				38,893	-3,593
Cash and Cash equivalents at the beginning		ofthe	year	88,795	92,388
Cash and Cash equivalents at the end of	the	year		127,688	88,795
Components ofcash and cash equivalents
Cash and bank balances				127,688	88,795

						31/03/2021	31/03/2020
2.Voluntary Income
Donations						953	2,243
NationaL Lottery	Heritage	Grant				13,640	15,760
CMBC - COVID	Grant					25,000
						39,593	18,003
3.Investment Income
Deposit Account	Interest					7.00	15.00
4.Incoming Resources		from	Charitable		Activities
Rents from Birchcliffe Hostel						13,067.00	18,567.00
Rents from Birchcliffe Offices						41,910.00	43,392.00
Recharges —Utilities						529.00	3,230.00
Archive Income						450.00	478.00
Publications						230.00	724.00
Sundry Receipts						135.00	243.00
Room Hire						-729.00	10,708.00
Studio Hire						765.00	3,352.00
Renewable Heat	Initiative					33,088.00	30,106.00
						89,445.00	110,800.00
5.Resources Expended		-Charitable		Activities
Council Rates						-3,155.00	3,377.00
Insurance						7,146.00	7,017.00
Light Heat and Water						24,976.00	23,919.00
Telephone and Internet						1,352.00	1,673.00
Office Equipment	and Stationary					1,430.00	3,750.00
Repairs and Maintenance						11,841.00	14,667,00
Cleaning						1,729.00	1,845.00
Sundries						17.00	1,052.00
Professional and	Consultancy		Fees			7,691.00	536.00
Depreciation						2,774.00	1,584.00
NLHF Project Costs						0.00	30,333.00
Mortgage Interest						7,492.00	8,993.00
Archive Costs						0.00	112.00
Advertising						233.00	0.00
Prints						151.00	0.00
						63,677.00	98,858.00