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|||Page|
|---|---|---|
|Legal and administrative
information|||
|Trustees report|||
|Independent
examiner's
report|||
|Statement
offinancial|activities||
|Statemenl
offinancial|position|9-10|
|Notes to the financial|statements|11 - 20|
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|Obj|ectives and activities|ectives and activities||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|The
the|promotion
for the benefit ofthe public of urban or rural regeneration
in areas of
Whltby
district and surrounding
area) by ag or any ofthe following
means||social and|economic depnvabon||||(and||m parIicvlar|in|
||a,|the relief offinancial
hardship,||||||||||
||b.|the relief of unemployment,||||||||||
||c.|the advancement
ofeducation,
training
or retraining,
particularly
among
unemployed
with work experience,||people, and||providing||irnemployed
peopfe||||
||d.|the creation
of training
and
employment
opportunities
by the
provision
favourable
terms;|of workspace,||buildings,||andlor||land
for uss||nn|
||e,|the provision
of housing
tor those
who are
in conditions
of need
and the
chantable
ownership
provided
that such power shall nol extend to relieving
duty to provide
or improve
housing;|improvement
of housing
any local authonties
or||||in the public sector or in
other bodies of a statutory|||||
||f|the maintenance,
improvement
or provision
of pubkc amenibes;||||||||||
||g
the preservation
of buildmgs
or sites of histonc or architectural
importance,
h
the provision
of recreational
fawhtias
for the public at large or those who by
financial
hardship
orsoaal and economic mrcumstances,
have need of such||reason of
facilities;|their|youth,|aqe, mfirmity|||or disablement,|||
||Ihe protection
or conservation
ofthe environment,|||||||||||
||Ihe provision
of public health fawlities and childcare|||||||||||
|such|other|means as may from time to time be determmed
by the trustees.||||||||||
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||||Unrestricted|Restricted|Total|Unrestricted|Restricted||
|---|---|---|---|---|---|---|---|---|
||||funds|funds||funds|funds||
||||2021|2021|2021|2020|2020|2020|
|||Notes|6|6|6|6|f||
|incame and endowments|||||||||
|Donations
and|legames||26b||266|200||200|
|Charitable
activities|||168,269||168,269|164,257|1,000|165,257|
|Other income|||25,640||25,640|45,062||45,062|
|Total income|||194,175||194,175|209,519|1,000|219,519|
|Expenditure|||||||||
|Chantable
activities||6|177,478|1,761|179,239|149,169|1,346|159,514|
|Gross transfers|between||||||||
|funds|||||||||
|Net incomel(expenditure)||for the|||||||
|year/|||||||||
|Net movement|in funds||16,697|(1,761)|14,936|60,350|(345)|69005|
|Fund balances|at 1 January|2021|1,064,260|4,991|1,069,251|1,003,910|5,336|1,009246|
|Fund balances|at 31 December||||||||
|2021|||1,080,957|3,230|1,084,187|1,064,260|4,991|1,069,251|
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||||||2021||2020||
|---|---|---|---|---|---|---|---|---|
|||||Notes|||||
|Fixed assets|||||||||
|Tangible assets||||10||976,671||969,956|
|Current assets|||||||||
|Stocks|||||210||172||
|Debtors|||||13,849||6,827||
|Cash at bank and||in|hand||112,590||112,040||
||||||126,649||119,039||
|Creditors'.|amounts||falling due within one year|13|(16,133)||(13,744)||
|Net current|assets|||||110,516||105,295|
|Total assets less current liabilities||||||1,087,187||1,075251|
|Creditors:|amounts||faglng due after more than||||||
|one year||||||(3,000)||(6,000)|
|Net assets||||||1,084,187||1,069,251|
|Income funds|||||||||
|Restricted|funds|||15||3,230||4 991|
|Unrestncted|funds||||||||
|General unreslncted|||funds||790,850||774,153||
|Revaluation|reserve||||290,107||290,107||
|||||||1,080,957||1,064260|
|||||||1,084,187||1 069251|
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|1|Accounting
policies|||||||||||||||||(Continued)|(Continued)|(Continued)|(Continued)|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|1.6|Tangible fixed assets|||||||||||||||||||||
||Tangible
fixed assets are mtuatiy||measured|||at cost and subsequently
measured|at|cost||or valuation,|||net af||deprecation||||and||any|
||impairment
losses.|||||||||||||||||||||
||Expenditure
on fixed assets
costing|||more||than
6500 is caprtagsed
Depredation||is|recognised|||so as to|||wnte||aff the.|||rost or||
||valuation
afassets less their|residual||values over their useful kves on the following|||bases|||||||||||||||
||Freehold
land and buildings|||||Nil for Coliseum 6 straight|fine||over 10years||||for remarning|||||||||
||Plant and equipment|||||Strarght
line over 10years||||||||||||||||
||i.ixtures and fittings|||||Straigt it line aver 10years||||||||||||||||
||Computers|||||Straight line over 4 years||||||||||||||||
||The gain or loss ansrng
on|the disposal|||of an asset is determined
as the difference|||between|||the sale proceeds||||||and the|||carrying||
||value of the asset, and is recognised|||in the||statement
of financial
activities.||||||||||||||||
|1.?|Impairment
offixed assets|||||||||||||||||||||
||At each
reporting
end date,|the|charity||reviews
the carrying
amounts
of its tangible||||assets||to determine||||whether|||there||is|any|
||indication
that those assets|have|suffered||an rmparrment
loss. Ifany such indication|||exists, tire|||recoverable|||amaunt||||of the||asset is||
||estimated
in order to determine
the extent||||of the impairment
loss (ifany).|||||||||||||||||
|1.8|Stacks|||||||||||||||||||||
||Stacks are stated at the lower of cost|||and|estimated
sefling price less costs to complete||||and sell|||||||||||||
||Net realisable
value
is the estimated|||selling
price less ag estimated
costs of cornpletian||||||and|costs||to be|mcurred||||in marketirg,||||
||selling and distnbution.|||||||||||||||||||||
|1.9|Cash and cash equivalents|||||||||||||||||||||
||Cash and cash equivalents|include cash|||in|hand, deposits
held at cali with banks,|other|||short-term||liquid investments||||||with||original||
||matunties
ofthree months orless,||and bank|||overdrafts.
Bank overdrafts
are shown|within|||br&rrowings||in current liabiiitres||||||||||
|1.10|Financial instruments|||||||||||||||||||||
||The charity
has elecied
to|apply|the provisions
of Section
11 'Basic Financial||||Instruments'||||and||Section||12||'Other||Finanaai|||
||Instruments
issues' ofFPS 102to||all|of its financial
instruments.||||||||||||||||||
||Financial
instruments
are recognised|||in the||charity's
balance sheet when
tfie chanty||becomes party||||to|the contractual|||||provisions|||of|
||the instrument|||||||||||||||||||||
||Basic financial assets|||||||||||||||||||||
||Basicfinancial assets, which|include debtors||||and cash and bank balances, are measured||||at transactron|||pnce|||||||||
||Basic financial liabilities|||||||||||||||||||||
||Basicfinancial
liabilities,
including||creditors|||and bank loans are recognised
at transaction||||price||||||||||||
|1.11|Employee
benefits|||||||||||||||||||||
||The cost of any unused
haliday
entitlement|||||is recognised
in the period
in which the|employee's
services are rereived.|||||||||||||||
||Termination
benefits
are
recognised|||immediately
as an expense
when
the charity||||is|demonstrably||||rommitted|||to||terrmnate|||the|
||employment
of an employee|or to|pravide||termination
benefits.|||||||||||||||||
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|||||||Unrestricted|Unrestricted|
|---|---|---|---|---|---|---|---|
|||||||funds|funds|
|||||||2021|2020|
|||||||6||
|Donations||and gifts||||266|200|
|Charitable||activities||||||
||||Coliseum|Recycling|Tenancies|Total|Total|
||||Services|||||
||||2021|2021|2021|2021|2020|
||||6||f|6||
|Grants|||24,143|11,193||35,336|39,334|
|Donated|goods|||10,346||10,346|7,611|
|internet|cafe||337|||337|302|
|Room rentals|||6,599|||6,599|1,509|
|Events|||||||038|
|Cafe bar|||495|||495|615|
|Rental income|||||115,156|115,156|114,048|
||||31,574|21,539|115,156|168,269|165,257|
|Analysis|by fund|||||||
|Unrestncted||funds|31,574|21,539|115,156|166,269|164,257|
|Restricted||funds|||||1,000|
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||||Coliseum|Recycling|Tenancies|Total|
|---|---|---|---|---|---|---|
||||Services||||
||||2020||2020|2020|
||||E||E|E|
|Grants|||27,000|11,334||39,334|
|Donated|goods|||7,611||7,611|
|internet cafe|||302|||302|
|Room rentals|||1,509|||1,509|
|Events|||938|||938|
|Cafe bar|||615|||615|
|Rental income|||||114,948|114,948|
||||30,364|18,945|114,948|165,257|
|Analysis|by fund||||||
|Unrestricted||funds|30,364|18,945|114,948|164,257|
|Restricted|funds|||||1,000|
|Unrestricted|Unrestncied|
|---|---|
|funds|funds|
|2021|2il20|
|E||
|24,017|44332|
|158|130|
|1,465||
|25,640|45,062|
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||||||Coliseum|Recycling|Tenancies|Other||Tatal|
|---|---|---|---|---|---|---|---|---|---|---|
||||||Services|||charitable||2828|
|||||||||activities|||
||||||2021|2021|2021|2021|||
||||||6|6|6||||
|Staff and|volunteer|||casts|8,798|4,735|||13,533|16807|
|Direct costs|||||717||||1,133|1 265|
|Office casts||||||24||896|948|1,162|
|Premises|costs||||7,898|10,530|33,434|790|52 G52|45,709|
|Deprecation|||||3,306||1,605||4,911|4,876|
|Finance|charges|||||||||103|
|VAT recoverable||||||||||(1,105)|
|Travel|||||1,640||||1,G40||
||||||22,387|15,289|35,039|2,102|74,817|68,817|
|Share af|support||costs (see note||||||||
|7)|||||34,609|4,944|54,386|4,944|98,883|79,852|
|Share of
nate 7)|governance|||costs (see|1,939|277|3,046|277|5 539|1,745|
||||||58,935|20,510|92,471|7,323|179,239|150,514|
|Analysis|by|fund|||||||||
|Unrestricted||funds|||57,590|20,510|92,471|6,907|177,478|149,169|
|Restncted|funds||||1,345||||1,761|1,545|
||||||58,935|20,510|92,471|7,323|179,239|150,514|
|Far the year||ended||31 December 2020|||||||
|||||||Coliseum|Recycling|Tenancies|Other|Total|
|||||||Services|||charitable|2820|
||||||||||activities||
|Staff and|volunteer|||costs||10,967|5,940|||16,807|
|Direct costs||||||350|915|||1 265|
|Office costs||||||40|36||1,086|1,162|
|Premises|costs|||||7,032|9,298|29,063|316|45,709|
|Depreuation||||||3,275||1,601||4,876|
|Finance charges||||||||103||103|
|VAT recoverable||||||||(1,105)||(1,105)|
|||||||21,664|16,189|29,662|1,402|68,81 7|
|Share ofsupport costs (see note 7)||||||24,825|3,547|39,010|12,470|79,852|
|Share ofgovernance||||costs (see note 7)||611|87|960|87|1,745|
|||||||47, 'I 00|19,823|69,632|13,959|150,514|
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|---|---|---|---|---|---|---|---|---|
|6|Charitable
activi|ies||||||(ContinuedI|
||Analysis
by fund||||||||
||Unrestricted
funds|||45,755|19,823|69,632|13,959|149,1(ig|
||Restricted funds|||1,345||||1,345|
|||||47,100|19,823|i)9,632|13959|150,614|
|7|Support costs||||||||
||||2021|||2020|||
||||Support costs|Governance|2021 Support costs||Governance|2090|
|||||costs|||costs||
||Staff casts||94,199||94,199|72,339||72,339|
||Printing,
postage|and|||||||
||stationery||1,138||1,138|922||922|
||)T costs||2,225||2,?25|2,064||2,V)64|
||Bank charges||416||416|438||498|
||Professionaifees||629||629|258||258|
||Accountancy fees||276||276||||
||Covid rebef on rent due|||||3,830||3,8)0|
||Acr;nuntanry
fees|||F„539|5,539||1,746|1,746|
||||98,883|5,539|104,422|79,851|1,746|81,597|
||Analysed
between||||||||
||Char)table
actrvitias||98,883|5,539|104,422|79,852|1,746|81,597|
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|9|Employees|||(Continuedf|
|---|---|---|---|---|
||Employment|costs|||
||Wages and salaries||101,186|84,479|
||Social security|costs|3,416|2,353|
||Other pension|costs|3,126|?Ai4|
||||107,729|89,246|
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|Tangible fixed assets|Tangible fixed assets||||||
|---|---|---|---|---|---|---|
|||Freehold
land|Plant and|Fixtures and|Computers|Total|
|||and buildings|equipment|fittings|||
|||E|E|E|||
|Cost or valuation|||||||
|At 1 January
2021||959,660|17,342|101,26?|12,112|1,090,376|
|Additions||10,209||1,417||11,626|
|At 31 December 2021||969,869|17,342|102,679|12,112|1 102 fi0?|
|Depreciation|||||||
|At 1 January 2021||6,165|6,219|95924|12,112|120,4?0|
|Depreaation
cliarged|in the year|1,418|1,734|1,759||4,9fl|
|At 31 December 2021||7,583|7,953|97,683|12,11?|125,331|
|Carrying
amount|||||||
|At 31 December 2021||962,286|9,389|4,996||976,671|
|At 31 December 2020||953,495|11,123|5,338||969,956|
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||Otherloans||||6,000|9,080|
|---|---|---|---|---|---|---|
||Payable within|one year|||3,000|3,000|
||Payable after|one year|||3,000|6,080|
|13|Creditors."amounts||falling due within|one year|||
||||||2021|2020|
|||||||6|
||Borrowings||||3,000|3,080|
||Otlier taxation|and soda l security|||2,278|1,916|
||Trade creditors||||3,546|4,17)3|
||Other creditors||||1 750|875|
||Accruals and deferred||income||5,559|3,800|
||||||16,133|13,744|
|14|Creditors: amounts||falling due after more than one year||||
||||||2021|2020|
||Borrowings||||3,000|6, 000|
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||||||Movement|Movement|in funds|||
|---|---|---|---|---|---|---|---|---|---|
||||Balance at||Income|Expenditure||Transfers|Balance at|
||||1 January|2021|||||31 December|
||||||||||2021|
|Auditoruim|seating|||2,300|||(1,150)||1,150|
|Projection|equipment|||1,Ii'I|||(195)||976|
|Social mclusion||events||250|||||250|
|Pilates class||||270|||||270|
|Larpool||||1,000|||(416)||584|
|||||4,991|||(1,761)||3,230|
||||||Movement||in funds|||
||||Balance at||income|Expenditure||Transfers|Balance at|
||||1 January|2020|||||31 December|
||||||||||2020|
|Auditorutm|sealing|||3,450|||(1,150)||2,300|
|Prelection|equipment|||1,366|||(195)||1,171|
|Social inclusion||events||250|||||250|
|Pilates class||||270|||||270|
|Larpool|||||1,000||||1,000|
|||||5,336|1,000||(1,345)||4,991|
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||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|
||||furrrls|funds||
||||2021|2021|2021|
||||f.||I|
|Fund balances at 31 December 2021 are represented||by'||||
|Tangible|assets||974,545|2,126|976,671|
|Current|assets/(liabilities)||109,412|1,104|110,516|
|Long term liabilities|||(3,000)||(3,000)|
||||1,080,957|3,230|1,084,187|
||||Unrestricted|Restricted|Total|
||||furids|funds||
||||2020|2020|2020|
|Fund balances at 31 December 2020 are represented||by||||
|Tangible|assets||966,485|3,471|969,956|
|Current|assets/(liabilities)||103,775|1,620|1()5295|
|Long term liabilities|||(6,000)||(6,080)|
||||1,064,260|4,991|1,069,751|
||2021|2020|
|---|---|---|
|||6|
|Within one year|9,750|9,905|
|Between two and five years|39,000|505|
|in over five years|38,187||
||86,937|10,410|
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