| LEGAL AND ADMINISTRATIVE INFORMATION | LEGAL AND ADMINISTRATIVE INFORMATION | |||
|---|---|---|---|---|
| Trustees | Mr A Hodgson | |||
| MrRSeaman Heath | ||||
| MrRHeath | ||||
| Mrs JJef&ies | ||||
| Management | Committee | Mr RHeath | Chair | |
| Mrs JJef&ies | Vice Chair | |||
| Mrs JMcGrath | Treasurer | |||
| Mrs JMcGrath | Secretary | |||
| Mr RSeaman Heath | ||||
| Mr RPayne | ||||
| Mrs LBradley | ||||
| Charity | Number | 512886 | ||
| Principal | address | Maurice Chandler | Sports Centre | |
| Warrant Road | ||||
| Stoke Heath | ||||
| Tern Hill | ||||
| Market Drayton | ||||
| TF92JP | ||||
| Independent | Examiner | Stubbs Parkin South | ||
| 28 Cheshire Street | ||||
| Market Drayton | ||||
| Shropshire | ||||
| TF9 1PF | ||||
| Bankers | Natwest | |||
| Cheshire Street | ||||
| Market Drayton | ||||
| Shropshire | ||||
| TF9 1PG |
| Page | ||
|---|---|---|
| Trustees Report | 1-3 | |
| Independent examiners |
report | |
| Statement offinancial | activities | |
| Balance sheet | ||
| Notes to the financial | statements | 7- 11 |
| The Millichope Foundation. | The Millichope Foundation. | j2,000 |
|---|---|---|
| Ightfield Parish Council | f100 | |
| Community Foundation |
for Shropshire | f997 |
| National Lottery Covid | 19Funding | 5.1,000 |
| 2021 | 2021 | 2021 | 2020 | |||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | |||||
| funds | funds | Total | Total | |||
| Note | ||||||
| Incoming resources | ||||||
| Entry fees, donations and similar |
||||||
| incoming resources | 48,767 | 48,767 | 89,403 | |||
| Income from activities in furtherance | ||||||
| ofcharitable objects | ||||||
| Investment income and |
interest | |||||
| Bank interest received | 10 | 10 | 45 | |||
| Total incoming resources |
48,777 | 48,777 | 89,448 | |||
| Resources expended | ||||||
| Charitable expenditure |
37,107 | 37,107 | 49,975 | |||
| Sports centre maintenance | (654) | (654) | 16,792 | |||
| Management and administration |
expenses | 9,242 | 9,242 | 12,584 | ||
| Other expenses | 352 | 352 | 2,934 | |||
| Total resources expended before depreciation | 46,047 | 46,047 | 82,285 | |||
| Net surplus for the year |
before depreciation | 2,730 | 2,730 | 7,163 | ||
| Depreciation | 13,735 | 13,735 | 19,112 | |||
| Net incoming resources |
||||||
| Net (deficit) for the year | after depreciation | (11,005) | (11,005) | (11,949) | ||
| Gain on the revaluation | offixed | assets | 253,956 | 253,956 | ||
| Transfers between funds |
||||||
| Net movement in funds |
242,951 | 242,951 | (11,949) | |||
| FUND BALANCES BROUGHT FORWARD | 153,387 | 648 | 154,035 | 165,984 | ||
| FUND BALANCES CARRIED | FORWARD | 396,338 | 648 | 396,986 | 154,035 |
| 2021 | 2021 | 2021 | 2020 | ||
|---|---|---|---|---|---|
| Unrestricted | Restricted | ||||
| Nsnde | funds | Total | Total | ||
| Note | f. | f. | |||
| Fixed assets | |||||
| Tangible | 369,944 | 369,944 | 129,723 | ||
| 369,944 | 369,944 | 129,723 | |||
| Current assets | |||||
| 14atwest - current account | 118 | ||||
| Nabvest - reserve account | 26,401 | 648 | 27,049 | 19,457 | |
| Natwest - reserve account | 1,911 | 1,911 | 7,128 | ||
| Petty cash | 1 | 1 | 2 | ||
| Vat account | |||||
| Other debtors | 20 | 20 | 20 | ||
| 28,333 | 64$ | 28,981 | 26,725 | ||
| Current liabilities | |||||
| Accruals | 1,412 | 1,412 | 875 | ||
| Vat account | 509 | 509 | 1,538 | ||
| Creditors | 18 | 18 | |||
| 1,939 | 1,939 | 2,413 | |||
| Net current assets | 26,394 | 648 | 27,042 | 24,312 | |
| NET ASSETS | 396,338 | 648 | 396+86 | 154,035 | |
| FUNDS | 396,338 | 648 | 396P86 | 154,035 |
| Charitable expenditure |
2021 | 2021 | 2021 | 2020 | |||
| Unrestricted | Restricted | Total | Total | ||||
| Wages and redundancy | payments | 36,636 | 36,636 | 49,177 | |||
| Purchase ofrefreshments | 471 | 471 | 798 | ||||
| 37,107 | 37,107 | 49,975 | |||||
| Sports centre | maintenance | 2021 | 2021 | 2021 | 2020 | ||
| Unrestricted | Restricted | Total | Total | ||||
| Sports centre | repairs and maintenance | 296 | 296 | 9,415 | |||
| Sports centre | heat and light | (1,261) | (1,261) | 7,103 | |||
| Sports centre | water rates | 311 | 311 | 160 | |||
| Sports centre | cleaning | 114 | |||||
| (654) | (654) | 16,792 | |||||
| Management | and administration | expenses | 2021 | 2021 | 2021 | 2020 | |
| Unrestricted | Restricted | Total | Total | ||||
| Insurance | 6,298 | 6,298 | 8,986 | ||||
| Telephone | 1,740 | 1,740 | 1,088 | ||||
| Travel expenses | |||||||
| Stationery and postage |
42 | 42 | 421 | ||||
| Accountancy | and legal | fees | 875 | 875 | 1,415 | ||
| Bank charges | 287 | 287 | 674 | ||||
| 9,242 | 9,242 | 12,584 | |||||
| Other expenses | 2021 | 2021 | 2021 | 2020 | |||
| Unrestricted | Restricted | Total | Total | ||||
| Sundry expenses | 352 | 352 | 2,237 | ||||
| Partial exempt | VAT disallowed | 697 | |||||
| 352 | 352 | 2,934 |
| Tangible fixed assets | |||
|---|---|---|---|
| Property | Sports | ||
| improvements | equipment | Total | |
| COST: | |||
| At as 31stMarch 2020 | 213,876 | 142,786 | 356,662 |
| Additions | |||
| Revaluation | 136,124 | 136,124 | |
| At as 31stMarch 2021 | 350,000 | 142,786 | 492,786 |
| Depreciation: | |||
| At as 31stMarch 2020 | 117,832 | 109,107 | 226,939 |
| Revaluation | (117,832) | (117,832) | |
| Charge for the year | 7,000 | 6,735 | 13,735 |
| At as 31stMarch 2021 | 7,000 | 115,842 | 122,842 |
| Net BookValue: | |||
| At as 31stMarch 2021 | 343,000 | 26,944 | 369,944 |
| At as 31stMarch 2020 | 96,044 | 33,679 | 129,723 |
| YEAR ENDED 31STMARCH | YEAR ENDED 31STMARCH | 2021 Continued. .. | |
|---|---|---|---|
| Analysis offunds | 2021 | 2020 | |
| Restricted funds | |||
| Opening funds |
648 | 648 | |
| Used in year | |||
| Added in year | |||
| Closing funds | 648 | 648 | |
| Unrestricted | funds | ||
| Opening funds |
153,387 | 165,336 | |
| (Used) / added | in year | (11,005) | (11,949) |
| Closing funds | 142,382 | 153,387 | |
| Revaluation reserve funds |
|||
| Opening funds |
|||
| Added in year | 253,956 | ||
| Closing funds | 253,956 | ||
| Total fund | 396,986 | 154,035 |
| would ha | ve been recognised ifthe asset had been carri | ed under the historical cost model is as fo |
|---|---|---|
| Property | ||
| As at31 | March 2021 | |
| Cost | 213,876 | |
| Aggregate | depreciation | (128,526) |
| Carrying | amount | 85,350 |
| As at31 | March 2020 | |
| Cost | 213,876 | |
| Aggregate | depreciation | (117,832) |
| Carrying | amount | 96,044 |