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|||Contents||
|---|---|---|---|
|Reference and Administrative
Details||||
|Trustees' Report|||2to 5|
|Independent
Examiner's|Report|||
|Statement ofFinancial|Activities||7to 8|
|Balance Sheet||||
|Notes to the Financial|Statements||10to 24|
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||||||Pension|||
|---|---|---|---|---|---|---|---|
|||Unrestricted||Restricted|reserve|Total|Total|
||||funds|funds|fund|2021|2020|
|||Note||||||
|Income and Endowments||from:||||||
|Donations
and legacies||2|118,023|||118,023|775|
|Charitable
activities||3|32,794|16,666||49,460|176,429|
|Investment
income||5|48|||48|271|
|Total income|||150,865|16,666||167,531|177,475|
|Expenditure
on:||||||||
|Charitable
activities||6|(162,762)|(6,749)|(67,000)|(236,511)|(276,138)|
|Total expenditure|||(162,762)|(6,749)|(67,000)|(236,511)|(276,138)|
|Net (expenditure)/income|||(11,897)|9,917|(67,000)|(68,980)|(98,663)|
|Transfers between|funds||1,370|(1,370)||||
|Other recognised|gains|||||||
|and losses||||||||
|Actuarial
gains/ (losses) on||||||||
|defined benefit pension||||||||
|schemes|||||(752,000)|(752,000)|(47,000)|
|Net movement
in funds|||(10,527)|8,547|(819,000)|(820,980)|(145,663)|
|Reconciliation
offunds||||||||
|Total funds brought
forward|||318,546|311,312|(1,454,000)|~824,142)|~678,479)|
|Total funds carried|forward|20|308,019|319,859|(2,273,000)|(1,645,122)|(824,142)|
|All ofthe charity'8 activities derive||from continuing|operations|during the above two|periods.|||
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|(Including
Income and|(Including
Income and|Expend|iture
Account and Statement ofTotal Reco
and Losses)|iture
Account and Statement ofTotal Reco
and Losses)|iture
Account and Statement ofTotal Reco
and Losses)|gnised Gains|
|---|---|---|---|---|---|---|
|These are the figures for the||previous|accounting
period and are included for comparative|||purposes|
||||Unrestricted|Restricted|Pension|Total|
||||funds|funds|reserve fund|2020|
|||Note|||f,||
|Income and Endowments|from:||||||
|Donations
and legacies||2|775|||775|
|Charitable
activities||3|115,876|60,553||176,429|
|Investment
income||5|271|||271|
|Total income|||116,922|60,553||177,475|
|Expenditure
on:
Charitable
activities
Total expenditure||6|~169,017
~(169,017|~49,121
~49,121|~58,000
~58,000|276,138
276,138|
|Net (expenditure)/income|||(52,095)|11,432|(58,000)|(98,663)|
|Other recognised
gains and|||||||
|losses|||||||
|Actuarial
gains/ (losses) on|||||||
|defined benefit pension|||||||
|schemes|||||(47,000)|(47,000)|
|Net movement
in funds|||(52,095)|11,432|(105,000)|(145,663)|
|Reconciliation offunds|||||||
|Total funds brought
forward|||370,641|299,880|~(1,349,000|678,479|
|Total funds carried forward||20|318,546|311,312|(1,454,000)|824,142)|
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|||||||2021|2020|
|---|---|---|---|---|---|---|---|
||||||Note|||
|Fixed assets||||||||
|Tangible assets|||||12|290,000|290,029|
|Investments|||||13|190,000|190,000|
|||||||480,000|480,029|
|Current
assets||||||||
|Debtors|||||14|23,491|61,042|
|Cash at bank and in hand|||||15|137,361|126,670|
|||||||160,852|187,712|
|Creditors: Amounts|falling||due within one year||16|(12,974)|(37,883)|
|Net current assets||||||147,878|149,829|
|Net assets excluding|pension liability|||||627,878|629,858|
|Pension scheme liability|||||19|(2,273,000)|(1,454,000)|
|Net liabilities
including||pension liability||||1,645,122|824,142|
|Funds ofthe charity:||||||||
|Pension reserve fund||||||(2,273,000)|(1,454,000)|
|Restricted income funds||||||||
|Restricted funds|||||20|319,859|311,312|
|Unrestricted
income|funds|||||||
|Unrestricted
funds||||||308,019|318,546|
|Total funds|||||gp|((,645,(22)|(824,(42)|
|For the financial
year ending|||31 March 2021 the charity|was entitled|to exemption|from audit
under|section 477 of the|
|Companies
Act 2006 relating to small companies.||||||||
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|||||||Unrestricted|||
|---|---|---|---|---|---|---|---|---|
|||||||funds|||
||||||||Total|Total|
|||||||General|2021|2020|
|Donations
and||legacies;|||||||
||Donations
from||companies,|trusts and|similar proceeds|10,129|10,129|775|
|Grants, including|||capital grants;||||||
||Government|grants||||64,129|64,129||
||Grants irom|other charities||||43,765|43,765||
|||||||118,023|118,023|773|
|3|Income from||charitable|activities|||||
||||||Unrestricted||||
||||||funds||||
|||||||Restricted|Total|Total|
||||||General|funds|2021|2020|
||Bike rental|||||1,666|1,666||
||Contracts|||||15,000|15,000||
||Membership|fees|||5,778||5,778||
||Sales||||3,183||3,183||
||Wind Turbine income||||22,395||22,395||
||Sundry income||||1,438||1,438||
||Core|||||||115,876|
||Safer, Stronger||Greener||||||
||Communities|||||||34,046|
||Transport
and Access|||||||26,507|
||||||32,794|16,666|49,460|176,429|
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||||Unrestricted|Restricted||
|---|---|---|---|---|---|
||||funds|funds|Total|
|Action with Communities||in Rural England|42,080||42,080|
|LIS - Nottinghamshire
Together|||3,104||3,104|
|Bassetlaw District Council|||10,000||10,000|
|Nottinghamshire|Association ofVillage and Community|||||
|Halls|||1,685||1,685|
|Nottinghamshire|County Council||18,000||18,000|
|Say Now|||4,000||4,000|
|Rushcliffe
Borough Council|||18,500||18,500|
|Gedling Borough|Council||10,000||10,000|
|VCS Emergencies|Partnership||3,000||3,000|
|HMRC JRS|||7,629||7,629|
|Sundry donations|||25||25|
||||118,023||118,023|
|5
Investment
income||||||
||||Unrestricted|||
||||funds|||
|||||Total|Total|
||||General|2021|2020|
|Interest receivable|and similar income;|||||
|Interest receivable on bank deposits|||48||271|
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|6
Expenditure
on|char|itable
activities|||||
|---|---|---|---|---|---|---|
|||Unrestricted|Restricted|Pension reserve|Total|Total|
|||General funds|funds|fund|2021|2020|
|Staffcosts||115,847|||115,847|165,540|
|FRS102Recognised|||||||
|pension costs||||67,000|67,000|35,000|
|Legal &professional|||||||
|fees||11,467|||11,467|10,571|
|Travel &subsistence||25|||25|1,657|
|Motor expenses|||6,749||6,749|15,546|
|Rent, rates, insurance|&||||||
|services||10,505|||10,505|9,338|
|ITsupport &|||||||
|maintenance||2,793|||2,793|5,862|
|Grants given||7,500|||7,500|11,298|
|Depreciation||29|||29|833|
|Bank charges||357|||357||
|External room hire &|||||||
|storage fees||1,264|||1,264||
|Office &general|||||||
|expenses||751|||751|11,253|
|Telephone||2,949|||2,949||
|Printing,
postage &|||||||
|stationery||2,236|||2,236||
|Publications &|||||||
|subscriptions||5,792|||5,792||
|Publicity &promotional||901|||901||
|Sundry expenses||346|||346||
|Project management
support|&|||||8,440|
|Donations||||||800|
|||162,762|6,749|67,000|236,511|276,138|
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|During
the pe
follows:|riod,
the fees payable
(excluding
VAT) to the|charity's
independent
examiner
a|re analysed
as|
|---|---|---|---|
|||2021|2020|
|Independent
examination||1,000|1,350|
|Other financial|services|1,245|1,600|
|||2,245|2,950|
|10 Staff costs||||
|The aggregate|payroll costs were as follows:|||
|||2021|2020|
|Staffcosts during the year were:||||
|Wages and salaries||87,364|87,479|
|Social security|costs|3,994|6,511|
|Pension costs||24,489|16,744|
|Compensation|payments||1,806|
|PRS102pension service &interest costs||67,000|88,000|
|||182,847|200,240|
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|12 Tangible fixed assets||||||
|---|---|---|---|---|---|
||Land &|Fixtures &|Motor|Computer||
||buildings|fittings|vehicles|equipment|Total|
|Cost||||||
|At 1 April 2020|290,000|3,930|14,568|10,905|319,403|
|At 31March 2021|290,000|3,930|14,568|10,905|319,403|
|Depreciation||||||
|At 1 April 2020||3,930|14,568|10,876|29,374|
|Charge for the year||||29|29|
|At 31March 2021||3,930|14,568|10,905|29,403|
|Net book value||||||
|At 31March 2021|290,000||||290,000|
|At 31March 2020|290,000|||29|290,029|
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|13 Fixed|asset investments|||
|---|---|---|---|
|||2021|2020|
|Investment|properties|190,000|190,000|
|Investment|properties|||
||||Investment|
||||properties
f|
|Cost or Valuation||||
|At 1 April|2020||190,000|
|Provision||||
|At 31March 2021||||
|Net book|value|||
|At 31March 2021|||190,000|
|At 31March 2020|||190,000|
|14 Debtors|||
|---|---|---|
||2021|2020|
|Trade debtors|6,648|22,492|
|Prepayments|6,423|13,078|
|Other debtors|10,420|25,472|
||23,491|61,042|
|Debtors includes fNil (2020:f11,579)receivable after more than one year.|||
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|15 Cash and cash equiv|alents|||
|---|---|---|---|
|||2021|2020|
|Cash on hand||404|404|
|Cash at bank||136,957|126,266|
|||137,361|126,670|
|16 Creditors: amounts|falling due within one year|||
|||2021|2020|
|Trade creditors||5,807|4,393|
|Other taxation and social|security|2,947|2,569|
|Other creditors||428|528|
|Accruals||3,792|6,208|
|Deferred income|||24,185|
|||12,974|37,883|
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|Total future minimum
lease payments
under non-cancell|able
operating
leases are as follows:||
|---|---|---|
||2021|2020|
||f||
|Arnot Hill House|||
|Within one year|2,865|6,875|
|Between one and five years||2,865|
||2,865|9,740|
|Printer/photocopier|||
|Within one year|1,608||
|Between one and five years|6,044||
||7,652||
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|The amounts
recognised
in the statement|offinancial position are a|s follows:||
|---|---|---|---|
|||2021|2020|
|Fair value ofscheme assets
Present value ofdefined benefit obligation||2,903,000
~5,176,000|1,968,000
~3,422,000|
|Defined benefit pension scheme deficit||(2,273,000)|1,454,000)|
|Defined benefit obligation||||
|Changes
in the defined benefit obligation|are as follows:|||
||||2021|
|Present value at start ofyear|||3,422,000|
|Current service cost|||32,000|
|Interest cost|||86,000|
|Actuarial
gains and losses|||1,200,000|
|Benefits paid|||430,000|
|Contributions
by scheme participants|||6,000|
|Present value at end ofyear|||5,176,000|
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|Changes
in the fair value ofsche|me asset|s are as f|ollows:||
|---|---|---|---|---|
|||||2021|
|Fair value at start ofyear||||1,968,000|
|Interest income||||52,000|
|Return on plan assets, excluding|amounts|included|in interest income/(expense)|424,000|
|Employer
contributions||||24,000|
|Contributions
by scheme participants||||6,000|
|Benefits paid
Administration
expenses||||430,000
~1,000)|
|Fair value at end ofyear||||2,903,000|
|Analysis ofassets|||||
|Contributions
by scheme participants
Benefits paid
Administration
expenses
Fair value at end ofyear
Analysis ofassets
The major categories ofscheme assets are as follows:||6,000
430,000
~1,000)
2,903,000|
|---|---|---|
||2021|2020|
|Cash and cash equivalents|155,000|48,000|
|Equity instruments|1,850,000|1,258,000|
|Debt instruments|103,000|65,000|
|Property|308,000|250,000|
|Other bonds|217,000|171,000|
|Inflation - linked pooled fund and infrastructure|270,000|176,000|
||2,903,000|1,968,000|
|Return on scheme assets|||
||2021|2020|
||426,000|~)83,000)|
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|||||||||2021|2020|
|---|---|---|---|---|---|---|---|---|---|
||||||||Years||Years|
|Current UK pensioners|||at|retirement
age -|male|||22.00|22.00|
|Current UK pensioners|||at|retirement
age -|female|||25.00|24.00|
|Future UK pensioners|||at retirement
age - male|||||23.00|23.00|
|Future UK pensioners|||at retirement
age - female|||||26.00|26.00|
|20 Funds||||||||||
|||||Balance at||||Other|Balance at|
|||||1April|Incoming|Resources||recognised|31March|
|||||2020|resources|expended|Transfers|gains/(losses)|2021|
|Unrestricted
funds||||||||||
|General||||||||||
|General fund||||317,291|150,865|(162,762)|2,625||308,019|
|Designated||||||||||
|Designated
fund||||1,255|||(1,255)|||
|Total Unrestricted||funds||318,546|150,865|(162,762)|1,370||308,019|
|Restricted funds||||||||||
|Safer, Stronger,|Greener|||||||||
|Communities||||8,383|||(8,383)|||
|Land Fund||||290,000|||||290,000|
|Wheels to Work||||11,559|16,666|(6,749)|8,383||29,859|
|Healthier
Communities||||1,370|||(1,370)|||
|Total restricted|funds|||311,312|16,666|(6,749)|(1,370)||319,859|
|Other funds||||||||||
|Pension reserve|fund|||(~3,454,000||(67,000)||~752,000)|~2,273,000|
|||||(1,454,000)||(67,000)||(752,000)|(2,273,000)|
|Total funds||||~824, 342|167,531|~236,533|-|~752,000|~3,645,122|
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|Notes to the Financia|Notes to the Financia|l Statemen|ts
for the Y|ear Ended 31March 2021|ear Ended 31March 2021|ear Ended 31March 2021|
|---|---|---|---|---|---|---|
|These are theftgures for the previous||accounting|period and are|included for cotnparative purposes:|||
||||||Other|Balance at|
||Balance at 1||Incoming|Resources|recognised|31March|
|||April 2019|resources|expended|gains/(losses)|2020|
|Unrestricted
funds|||||||
|General|||||||
|General
fund||369,386|116,922|(169,017)||317,291|
|Designated|||||||
|Designated
fund||1,255||||1,255|
|Total unrestricted|funds|370,641|116,922|(169,017)||318,546|
|Restricted funds|||||||
|Safer, Stronger, Greener|||||||
|Communities||7,345|34,046|(33,008)||8,383|
|Land Fund||290,000||||290,000|
|Wheels to Work||1,165|26,507|(16,113)||11,559|
|Healthier
Communities||1,370||||1,370|
|Total restricted funds||299,880|60,553|~49,121)||311,312|
|Other funds|||||||
|Pension reserve fund||(1,349,000)||(58,000)|(47,000)|(1,454,000)|
|||(1,349,000)||(58,000)|(47,000)|(1,454,000)|
|Total funds||(678,479)|177,475|(276,138)|(47,000)|(824,142)|
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|||Unrestricted||||
|---|---|---|---|---|---|
|||funds||||
||||Restricted|Pension|2021|
|||General|funds|reserve fund|Total funds|
|Tangible|fixed assets||290,000||290,000|
|Fixed asset investments||190,000|||190,000|
|Current|assets|130,993|29,859||160,852|
|Current|liabilities|(12,974)|||(12,974)|
|Pension|scheme liability|||(2,273,000)|(2,273,000)|
|Total net assets||308,019|319,859|~2,273,000|~),645,)22)|
|||Unrestricted||||
|||funds||||
||||Restricted|Pension|2020|
|||General|funds|reserve fund|Total fuuds|
|Tangible|fixed assets|29|290,000||290,029|
|Fixed asset investments||190,000|||190,000|
|Current|assets|166,400|21,312||187,712|
|Current
Pension|liabilities
scheme liability|(37,883)||1,454,000|(37,883)
~1,454,000|
|Total net assets||318,546|311,312|~1,454,000)|(824,142)|
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