##
##
##
##
##
##
|||||||SORP reference|||
|---|---|---|---|---|---|---|---|---|
|Summary||ofthe purposes|||of|Para 1.17|||
|the charity as set out||||in its|||The trust deed ofAlsager Institute explains||
|governing||document|||||that the purpose
ofthe charity is:||
||||||||"Tomaintain
the Institute for the purpose of||
||||||||physical and mental training end recreation||
||||||||and social and intellectual
development
for
the benefit ofthe Towns People ofAlsager. "||
|Summary
activities||ofthe main
in relation to those||||Para 1.17and
1.19|The main activities ofAlsager Institute to
deliver the purposes
ofthe Charity are the||
|purposes
for the public
benefit,
in particular,
the
activities, projects or services|||||||provision offacilities: the hire of rooms and a
bowling green.||
|identified||in the accounts.|||||During the 2020-21 financial year, the||
||||||||activities atAlsager
Institute were restdcted||
||||||||to the following
due to COVID-19:||
||||||||Education
/Training
provided
to young||
||||||||adults
with additional
needs.||
||||||||Dance classes provided
to children.||
||||||||Recreational
crown green bowls provided|to|
||||||||the members
ofa registered
charity.||
||||||||Local authority
public meetings
could not||
||||||||take place at the venue due to the COVID||
||||||||restrictions,
but Alsager Town Council paid|a|
||||||||retainer to the charity for the use ofthe room||
||||||||should the restrictions
allow.||
|Statement||confirming||||Para 1.19|Yes they have been given sufficient||
|whether|the trustees|||have|||information
to understand
the guidance.||
|had re ard to the|||uidance||||||
|Additional|Additional|information|(optional)|(optional)|||||
|---|---|---|---|---|---|---|---|---|
|You ma|choose to include|||further statements|where relevant|about:|||
|||||SORP reference|||||
|Policy on|grant making|||Para 1.38|N/A-Alsager|Institute does|not make grant||
||||||payments.||||
|Policy on|social investment|||Para 1.38|N/A —this does not form a material|||part of|
|including|program
related||||Alsager
Institute's
charitable||and investment||
|investment|||||activities.||||
|Contribution||made by||Para 1.38|N/A-Alsager|Institute does|not utilise||
|volunteers|||||volunteers.||||
|Other|||||N/A —Alsager|Institute does|not utilise the||
||||||services ofvolunteers.||||
##
|Achiev|eme|nts|and Pe|rformance||
|---|---|---|---|---|---|
|||||SORP reference||
|Summary
ofthe main
achievements
ofthe charity,||||Para 1.20|The venue would
ordinarily
be accessible for|
|identifying|the|difference the|||all residents
ofAlsager,
in line with the|
|charity's
work has made to
the circumstances
of its
beneficiaries
and any wider
benefits to society as a
whole.|||||charity's
purposes as set out in its governing
document.
However,
during the 2020-21
financial year, due to COVID-19 restrictions,
the charity has only been able to provide|
||||||facilities to a limited section ofthe|
||||||population.|
||||||The charity provided a COVID safe venue,|
||||||as much as it was able to do so, in line with|
||||||the government
restrictions
that were in|
||||||place.|
||||||The charity accessed all available
COVID|
||||||related government
grant funding
and also|
||||||advised
its hirers ofavailable
grants that|
||||||they were also eligible to apply for. Due to|
||||||the grant funding
provided,
the charity was|
||||||able to offer tailored financial
support to its|
||||||hirers to support them
in being able to|
##
|continue to operate, taking
into account the||
|---|---|
|impact that social distancing
measures
had||
|on capacity numbers
and additional
cleaning||
|requirements.||
|It is widely acknowledged
that the COVID-19||
|pandemic
has detrimentally
impacted
upon||
|wellbeing
and mental
health.
It is believed||
|that the continued
provision ofthe venue||
|during the pandemic,
has had a positive||
|contribution
to the residents ofAlsager's||
|mental
health and wellbeing.||
|Aspecific example ofthis is the community||
|interest company
who is a major user ofthe||
|venue.
They were able to continue to utilise||
|the facility for the majority ofthe pandemic|to|
|provide
continued
support to their customer||
|base which is young adults with additional||
|needs.
Soft intelligence
gathering
has||
|indicated
that their customer base and||
|related support
network have benefitted||
|significantly
from the continued
provision of||
|the facilities
in providing
a COVID secure||
|venue.
The COVID restrictions
placed major||
|limitations
on the service they could provide||
|but with financial
support
provided
by the||
|charity, they were able to undertake a limited||
|service to support their users. As the||
|restrictions
have been lifted, their customer||
|base has increased
again and they are very||
|grateful to the charity for the support offered||
|during a very difficult time.||
|Despite the impact of COVID-19 restrictions,||
|as a result ofgovernment
grant funding||
|accessed, the charity generated a small||
|surplus
in the year. Alsager Town Council||
|also provided
additional
financial
support to||
|the charity both generally
and to carry out||
|health and safety work.||
##
|You ma
choo|se to include|further statemen|ts
where relevant
about:||
|---|---|---|---|---|
|Achievements|against||||
|objectives set||Para 1.41|he main activities ofAlsager|Institute to|
||||deliver the purposes ofthe Charity are the||
||||provision offacilities: the hire|of rooms|
||||including a snooker room, and|a bowling|
||||green.||
##
||||During the 2020-21 financial year, despite the|During the 2020-21 financial year, despite the|
|---|---|---|---|---|
||||COVID-19 restrictions,
the Charity continued||
||||o deliver its objectives with regular daytime||
||||and evening users ofthe rooms within the||
||||acility and the connected
bowling green.||
||||Unfortunately,
the users ofthe snooker room||
||||and a martial arts class did not return
to utilise||
||||he venue, despite the support offered from|the|
||||charity, as a result ofthe COVID-19||
||||restdictions.||
||||he charity generated a small surplus
during||
||||the year, which has led to an increased||
||||eneral and capital reserve balance,
in line||
||||ith the strategy
in place to build an||
||||cceptable level ofreserve as determined|by|
||||he approved
reserves
policy.||
||||here has been a significant
amount ofwork||
||||undertaken
to understand
H&S and regulatory||
||||compliance
requirements
for the venue which||
||||has culminated
in the production
ofa premises||
||||handbook as a working
tool for officers to||
||||effectively manage
the facility.||
|Performance|offundraising|Para 1.41|Not applicable
for FY2020-21||
|activities against objectives|||||
|set|||||
|Investment|performance|Para 1.41|CC14 —Charities
and investment
matters:|a|
|against objectives|||guide for trustees states the following:||
||||In order to act within the law, trustees||
||||must:||
||||Explain their investment
policy||
||||(ifthey have one) in the trus-||
||||tee's annual
report (legal re-||
||||quirement)||
||||Isager Institute does not hold material||
||||inancial
investments
as it holds insufficient||
||||unds
in reserve to be able to make any||
||||investments.||
||||he Charity's
Reserves and Investment
policy,||
||||approved
5 May 2021,states:||
||||Scope ofinvestment
powers||
||||As an unincorporated
charity, Alsager Institute|has|
||||a 'general
power of investment'
which allows||
|rustees to invest the charity's funds in any|asset|asset|
|---|---|---|
|hat is specifically
intended to maintain
and|||
|increase its value and/or
produce
a financial|||
|return.|||
|Investment
Objectives|||
|he two primary objectives ofa prudent|||
|investment
policy are:|||
|1. The security ofreserves (protecting|the||
|capital sum from loss)|||
|2.
Liquidity
(keeping the money readily avail-|||
|able for expenditure
when needed)|||
|nce proper levels ofsecurity and liquidity||are|
|etermined
it will then be reasonable to con-|||
|ider a third objective, what level ofyield||can|
|be obtained consistent
with the first two ob-|||
|'ectives.|||
|Investment
Priorities|||
|Isager Institute's
investment
priorities|there-||
|ore are:|||
|~the security ofits reserves, and|||
|~the adequate
liquidity ofits investments,|||
|ail cl|||
|~the return
(yield) on investment
—Alsager|||
|Institute
will aim to achieve the optimum||re-|
|urn on its investments
commensurate|with||
|proper levels ofsecurity and liquidity.|||
|II investments
will be made
in sterling.|||
|II investments
of money under the control|ofthe||
|Isager Institute
shall be in the name ofthe|||
|Isager Institute.|||
|Isager Institute takes a cautious approach|to|risk.|
|Investments
should be relatively
risk free asthe|||
|charity needs certainty over future available|||
|unding.|||
|n order to diversify
an investment
portfolio|which||
|ill mainly be invested
in cash, investments|with||
|ny one financial
institution
will be capped|at|the|
|eposit limit covered by the Financial Services|||
|ompensation
Scheme.
Investments
will be placed|||
|ith a range ofapproved
financial
institutions||to|
|nsure maximum
recovery should
any institution|||
||collapse.|
|---|---|
||Isager Institute
will only invest in institutions
of|
||high credit quality —based on information
from|
||approved
credit rating agencies (Moody's Investors|
||ervice Ltd, Fitch Ratings
Ltd or Standard
and|
||oor's).
High credit quality
is defined as a body or|
||nvestment
scheme with an 'A' or P1rating.|
||he risk ofloss on investments
will be monitored|
||by review ofcredit ratings on a quarterly
basis.|
||Isager Institute
will assess the risk ofloss before|
||ntering
into, and whilst holding,
an investment.|
||Non Specified Investments|
||ese have greater potential
risk, such as|
||nvestment
in stocks and shares, and Alsager|
||Institute
will not participate
in such investments,|
||hich are considered
not to offer the level of|
||ecurity and liquidity
needed.|
||Long-term
Investments|
||Isager Institute
may consider a 2or3year Rond|
||being entered
into in the future
ifthe investment|
||rate was attractive
and the trustees were|
||onfident, after having performed
an assessment,|
||that funds could be committed
forthat period of|
||ime.|
||utomatlc Balance Sweeping|
||Isager Institute
will invest through
its bank where|
||ppropriate
by a series of linked accounts which|
||liow transfer of money not immediately
required|
||o successfully
higher interest investment.|
||eCharities Liquidity
Needs|
||Isager institute
will determine
the maximum|
||period for which funds may prudently
be invested,|
||so as not to compromise
liquidity.
This assessment|
||ill be connected to spending
plans
in the short to|
||medium
term, including
financing
required
for the|
||PMP.|
|Other|No further
information
to provide.|
##
|Financ|ial
Review|||
|---|---|---|---|
|Review|ofthe charity's|Para 1.21|he combined
funds ofthe charity at the start|
|financial|position at the end||fthe 2020-21 financial year were f191,907:|
|ofthe period||||
||||~
f175,000 permanent
endowment
fund|
||||a
f2,590 revalued
tangible fixed assets|
||||~ f663ofdesignated
unrestricted
income|
||||funds: an earmarked
reserve to finance|
||||professional
advice
in FY2020/21|
||||which originated
from un-spent
budget|
||||from FY2019/20 (not from external|
||||grant funding).|
||||~ f5,140designated
unrestricted
income|
||||funds: a capital reserve created from|
||||surpluses
generated
from charitable|
||||activities since FY2018/19, to be|
||||utilised to complete works identified|
||||within the PMP.|
||||~ f8,514general
unrestricted
income|
||||fund|
||||During the 2020-21 financial year, expenditure
off46,009was incurred
and income of|
||||50,285 was generated
giving a net surplus of|
||||4,276for the year.|
||||Income from charitable
activities was severely|
||||impacted
due to the restrictions
in place to|
||||manage the COVID-19 pandemic.
Income|
||||rom charitable
activities
in the year was only
16,576 in comparison
tof34,436 in the prior|
||||year.|
||||The charity received COVID related
government
grant support to a total off21,709
hich included f339reclaimed
from the|
||||coronavirus
job retention
scheme, plus|
||||12,000 grant support from Alsager Town|
||||Council.|
||||Separate material
items ofexpense off4,802|
||||included
costs to repair a leak to the cold|
||||ater 8 expansion
tanks, to enlarge the|
||||access hatch to cold water tanks, to install a|
||||new fire alarm and to register the land with the|
||||land registry.|
||||The earmarked
reserve which was in place at|
##
|||||||fund|
|---|---|---|---|---|---|---|
|Statement||explaining||the|Para 1.22|he Charities adopted the Reserves and|
|policy|for holding||reserves|||Investment
policy, approved
5 May 2021,|
|stating|why|they|are|held||states:|
|||||||LSAGER INSTITUTE RESERVES POLICY|
|||||||Unrestricted
Funds - General|
|||||||Isager Institute
will maintain
a general|
|||||||unrestricted
fund (general reserve):|
|||||||~
A sum approximately
equal to 25SS - 5096|
|||||||of its net revenue
expenditure|
|||||||~
To provide
a contingency
due to the uncer-|
|||||||tainty over future income, to allow time to|
|||||||develop new sources ofincome orto cut|
|||||||back on related expenditure.|
|||||||Unrestricted
Funds - Designated|
|||||||pital Reserves|
|||||||Alsager Institute
will build a capital reserve to|
|||||||provide financing
towards the Planned|
|||||||Maintenance
Program for the time period (2016-|
|||||||2025).|
|||||||Earmarked
Reserves|
|||||||Isager Institute
will establish earmarked
reserves|
|||||||s appropriate.|
|||||||Restricted
Funds - Income|
|||||||Isager Institute
will classify any external grant|
|||||||unding
received that is provided
for specific|
|||||||purposes or projects, as restricted
income funds|
|||||||Alsager Institute
may approve the reclassification|
|||||||ofrestricted
income funds into unrestricted
funds|
|||||||nce it has been established
that they can be|
|||||||lawfully transferred.
That would be subject to the|
|||||||erms imposed
by the provider ofthe funding.|
|||||||he reclassification
must be reported
in|
|||||||accordance with the requirements
ofFR5102.|
|||||||Restricted Funds- Endowment
(Capital): Per-|
|||||||manent|
|||||||Isager Institute
holds a permanent
restricted|
|||||||endowment
fund
in the way ofthe Institute
land|
|||||||and buildings.
As explained
above, since the|
|||||harity presently
has no power to convert the|
|---|---|---|---|---|
|||||apital into income (without first seeking|
|||||permission
from the Charity Commission),
it is|
|||||classified as a permanent
endowment
fund.|
|||||ny use ofthe property outside ofthe trusts
in|
|||||place could only lawfully occur ifthe Commission|
|||||authorises
this by way ofa further Scheme.
Ifthat|
|||||were to occur, the asset could be reclassified
as an|
|||||expendable
restricted
endowment
funds and the|
|||||reclassification
must be reported
in accordance|
|||||with the requirements
ofFRS102.|
|Amount|ofreserves|held|Para 1.22||
|||||he combined
funds ofthe charity at the end|
|||||ofthe 2020-21 financial year were 6226,183:|
|||||~
2205,000 permanent
endowment
fund|
|||||~
F2,590 revalued
tangible
fixed assets|
|||||~
f140ofdesignated
unrestricted
income|
|||||funds: an earmarked
reserve to finance|
|||||equipment
purchases
in FY2021-22|
|||||which originated
from un-spent
budget|
|||||from FY2020-21 (not from external|
|||||grant funding).|
|||||~
8133ofdesignated
unrestricted
income|
|||||funds: an earmarked
reserve to finance|
|||||Hg6 training
in FY2021-22 which|
|||||originated
from un-spent
budget from|
|||||FY2020-21 (not from external
grant|
|||||funding).|
|||||~
E6,560 designated
unrestricted
income|
|||||funds: a capital reserve created from|
|||||surpluses
generated
from charitable|
|||||activities since FY2018-19,to be|
|||||utilised to complete works identified|
|||||within the PMP.|
|||||~
f11,760 general
unrestricted
income|
|||||fund|
|Reasons|for holding|zero|Para 1.22||
|reserves||||Not applicable -Alsager
Institute has|
|||||reserves.|
|Details|offund|materially|in|Para|1.24||
|---|---|---|---|---|---|---|
|deficit||||||he approved
reserves
policy states:|
|||||||Isager Institute
will maintain
general unre-|
|||||||strictedincome
funds' reserves:|
|||||||~
A sum approximately
equal to 25%-|
|||||||50%ofits net revenue
expenditure|
|||||||~
Toprovide a contingency
due to the|
|||||||uncertainty
over future income, to allow|
|||||||time to develop new sources ofincome|
|||||||or to cut back on related expenditure.|
|||||||he strategy to build the general
unrestricted|
|||||||income fund is:|
|||||||Surpluses
generated
from charitable
activities|
|||||||be split equally between capital/earmarked
eserves for the purpose ofproviding
financing|
|||||||towards the PMP and general reserves.|
|||||||s at31"March 2021,Alsager Institute
holds|
|||||||11,760 in it's general reserve.|
|||||||Net revenue
expenditure
budgeted
for|
|||||||FY2021-22 isf53,637which would require a|
|||||||eneral reserve balance of between 213,409|
|||||||and E26,819to comply with the reserves|
|||||||policy.|
|||||||comprehensive
service review was|
|||||||performed
in 2017-18which aimed to improve|
|||||||he financial
position ofAlsager Institute such|
|||||||that a small surplus
may be generated
from|
|||||||heritable
activities to be utilised to provide|
|||||||unding
towards the planned
maintenance|
|||||||program
(and be ring fenced within a capital or|
|||||||armarked
reserve) and to build a level of|
|||||||eneral reserve which
is large enough to meet|
|||||||he requirements
ofthe reserves
policy.|
|||||||he charity has produced
a surplus
every yea|
|||||||since then which has led to an increase
in the|
|||||||general
reserve to 211,760. It should
be noted|
|||||||however
that
the
level
of general
reserve|
|||||||remains
below
the acceptable
range
in the|
|||||||approved
reserves
policy.|
|||||||It is hoped that this will be built upon
in the|
|||||||orthcoming
financial year with an additional|
|||||||urplus
being generated
from charitable|
|||||||ctivities which
will lead to a further increase|
|||||||he level ofgeneral reserves
and capital|
|||||||reserves to move towards the acceptable|
|||||||range determined
within the approved|
|||||||reserves
policy.|
|||||||Ithough, Alsager
Institute continues
to be|
|||||||im acted b
COVID related restrictions
at this|
|||||point in time, it isforecast to make a modest||
|---|---|---|---|---|---|
|||||sur
lus in the current financial
ear.||
|Explanation|ofany||Para 123|here are no uncertainties
about the charity||
|uncertainties|about the|||ntinuing
as a going concern.||
|charity continuing||as a going||||
|concern||||Isager Institute
signed a licence to occupy||
|||||ith Cheshire
Learning
and Development||
|||||Centre which requires 6 months
notice to be||
|||||provided
by either party to terminate.||
|||||tthe point ofthe report being approved,
the||
|||||licence to occupy is ongoing
with no notice||
|||||being served, and no knowledge
ofan intent|to|
|||||do so by either party.||
|||||Isager Institute
Bowling Club continues to||
|||||utilise the Alsager Institute
bowling green and||
|||||here are a number ofregular
hirers utilising||
|||||he facilities ofthe Alsager Institute
building.||
|||||Hirers ofthe building
do so on short to medium||
|||||erm contracts and the risk of loss ofa hirer is||
|||||always a risk.||
|||||Loss ofcustomer confidence to attend
public||
|||||atherings,
along with further COVID||
|||||restrictions
are a further
risk facing the charity.||
|||||he Trustees ofAlsager Institute
met on 6a||
|||||September 2016and recommended
to the
Isager Institute
Committee
that: "......2.That||
|||||he service provision
provided
at the Alsager||
|||||Institute
and Bowling Club meets the Charity||
|||||overview
/ objectives ofthe Charity||
|||||Commission
Registered
Charities
Numbers||
|||||520002 and 1125463with a continued
need|in|
|||||serving the physical
and mental
training
and||
|||||recreation
and social and intellectual||
|||||development
for the benefit ofthe towns
people ofAlsager. ......."||
##
|You ma
ch|You ma
ch|oose to include fu|oose to include fu|oose to include fu|rther statement|s
where relevant about:||||
|---|---|---|---|---|---|---|---|---|---|
|The charity's||principal|||Para 1.47|Income from hirers.||||
|sources of|funds||(including|||Grant from Alsager Town Council||||
|any fundraising)||||||||||
|||||||The charity does not hold material||financial||
|||||||investments.||||
|Investment
policy and
objectives
including
any
social investment
policy|||||Para 1.46|The Alsager
Institute
Committee,
at its
meeting
dated 5'" May 2021, approved|||the|
|adopted||||||reserves and investment
policy.||||
|||||||The policy quotes the recommendations|||of|
|||||||charity commission
guidance
14 —charities||||
|||||||and investments
matters,
regarding||giving||
|||||||consideration
to the environmental||and||
||||social impact ofthe companies
invested|in.||
|---|---|---|---|---|---|
||||However,
the investment
objectives and|||
||||priorities do not include environment
and|||
||||social factors, and this can be included
in the|||
||||future,
ifthe Trustees deem
it to be|||
||||appropriate.|||
|Adescription|ofthe principal||The principle
risk facing the charity
is from|||
|risks facing|the charity|Para 1.46|loss ofincome from use ofthe venue.
Covid|||
||||restrictions
which were put into place early||in|
||||FY2020-21 had an impact of income|||
||||generation
from venue hire but government|||
||||grant support was put into place to|||
||||compensate
for that.|||
||||Whilst the vast majority ofhirers have|||
||||returned
to use the venue, and some new|||
||||hirers are undertaking
trial sessions at the|||
||||venue,
public Council meetings
have not|yet||
||||been able to resume,
and Alsager Town|||
||||Council is a large contributor
toAlsager|||
||||Institute's
income from charitable
activities.|||
||||Loss ofcustomer confidence to attend
public|||
||||gatherings,
along with further COVID|||
||||restrictions
are a further
risk facing the|||
||||chadity.|||
||||Hirers ofthe building
do so on short to|||
||||medium
term contracts and the risk of loss||of|
||||a hirer is always a risk.|||
||||Afurther
risk ofmajor work on the fabric|of||
||||the building
arising from building
inspections|||
||||or emergency
repair or maintenance|||
||||requirements.
The charity currently
has|low||
||||reserves set aside for such work.|||
||||The charity does not have a medium
term|||
||||business
plan
in place and this presents|a||
||||risk to the charity of lack ofdirection
in|||
||||achieving
operational
objectives.|||
|Other||||||
##
|Description|ofcharity's|ofcharity's|||||||
|---|---|---|---|---|---|---|---|---|
|trusts:|||||||||
|Type of governing||document|Para 1.25|Trust Deed|||||
|(trust deed,|ro al charter||||||||
|How is the charity|||Para 1.25||||||
|constituted?||||Charitable
unincorporated|organisation||||
|(e.g unincorporated|||||||||
|association,|CIOI||||||||
|Trustee selection||methods|Para 1.25|The elected members
ofAlsager||Town|||
|including
details ofany||||Council form the trust.|||||
|constitutional|provisions e.g.||||||||
|election to post or name of||||The members
ofthe Alsager Institute|||||
|any person|or body entitled|||Management
Committee|are appointed||||
|to appoint one or||more||annually
at the Council's|annual|meeting.|||
|trustees|||||||||
|||||Due to the COVID-19 restrictions||on|public||
|||||meetings, Alsager Town|Council|did|not hold||
|||||an annual
meeting
in 2020. The||members||of|
|||||the Management
Committee
for||the|2020-21||
|||||financial year remained|the same as||those||
|||||that were appointed
at the Council's|||annual||
|||||meeting
dated 14a May|2019.||||
##
|You ma|cho|ose to includ|e fur|ther statemen|ts
where relevant about:|
|---|---|---|---|---|---|
|Policies|and|procedures|||tthe Council's
annual
meeting dated 14"|
|adopted
training|for the induction
oftrustees||and|Para 1.51|May 2019,the appointed
trustees were
provided
with the Charity Commission|
||||||uidance
'Charity Trustee Welcome Pack'.|
||||||rustee training
was provided
by Cheshire|
||||||oluntary
Service (CVS) in June 2019,a local|
||||||organisation
the Institute
isa member of.|
|The charity's||organisational|||Isager Institute
is a standalone
charity:
it is|
|structure
network|and
with|any wider
which the||Para 1.51|not part ofa larger group,
nor does it have any
subsidiaries.|
|charity works||||||
|Relationship||with any related|||Isager Institute
Bowling Club (charity number|
|parties||||Para 1.51|1125463)is a key customer ofAlsager|
||||||Institute.|
||||||Kidsgrove Care Solutions
(trading as Cheshire|
||||||Learning
and Development
Centre) community|
||||||interest company
number
(company
No.:|
||||||09023681)is a key customer ofAlsager|
||||||Institute.|
||||||Isager Town Council is the Corporate Trustee|
||||||f Institute and is also a main hirer ofAlsager|
||||||Institute facilities.|
##
##
|Chari|name|||Villa e Institute|||
|---|---|---|---|---|---|---|
|Other name the chari|||uses|Alsa er Institute|||
|Re istered chari||number||520002/1
scheme|number|125,029|
|Charity's|principal|address||Green Drive|||
|||||Alsager|||
|||||Cheshire|||
|||||ST72EQ|||
##
||Trustee|name|name|Office ifan||Dates acted|ifnot for whole|ifnot for whole|ear|
|---|---|---|---|---|---|---|---|---|---|
||Rod Fletcher|||Alsager Town|Councillor|||||
||Jane Smith|||Alsager Town|Councillor|||||
||June Buckley|||Alsager Town|Councillor|||||
|||||Member ofAlsager
Institute||||||
|||||Committee||||||
||Michael||Unett|Alsager Town|Councillor|||||
|||||Member ofAlsager Institute||||||
|||||Committee||||||
||Alison|Nayling||Alsager Town|Councillor|||||
|||||Member ofAlsager Institute||||||
|||||Committee||||||
||Jo Dale|||Alsager Town|Councillor|Resigned|from the Council on|||
|||||Member ofAlsager
Institute||10 May 2021 but acted as a||||
|||||Committee||Councillor|and a Trustee||for|
|||||||the 2020-21 financial||year.||
||Julia Hawkins|||Alsager Town|Councillor|Resigned|from the Council on|||
|||||||10May 2021 but acted as a||||
|||||||Councillor|and a Trustee||for|
|||||||the 2020-21 financial||year.||
||Phil Williams|||Alsager Town|Councillor|||||
||Ron Tyson|||Alsager Town|Councillor|||||
|||||Chairman
of Institute||||||
|||||Committee||||||
|10|Pauline||Hubbard|Alsager Town|Councillor|||||
||Julian|Goodrich||Alsager Town|Councillor|||||
|||||Vice-Chairman|of Institute|||||
|||||Committee||||||
|12|Jane Hearne|||Alsager Town|Councillor|||||
||Sue Helliwell|||Alsager Town|Councillor|||||
|13||||Member ofAlsager
Institute||||||
|||||Committee||||||
|14|Derek|Hough||Alsager Town|Councillor|||||
|15||||||||||
|16||||||||||
|17||||||||||
|18||||||||||
|19||||||||||
|20||||||||||
|Trustee|name|Dates|acted|ifnot|for|whole|ear|
|---|---|---|---|---|---|---|---|
|N/A||||||||
|Funds held as custodian trustees|Funds held as custodian trustees|Funds held as custodian trustees|on behalf ofothers|
|---|---|---|---|
|Description
ofthe assets||N/A||
|held
in this capacity||||
|Name and objects ofthe||N/A||
|charity on whose behalf|the|||
|assets are held and how|this|||
|falls within the custodian||||
|charity's objects||||
|Details ofarrangements|for|N/A||
|safe custody and||||
|segregation
ofsuch assets||||
|from the charity's
own assets||||
##
##
|(Optional
informa|tion)||
|---|---|---|
|T
eofadviser||Name|
|Property Surveyor|/ valuer|Lowe 8 Elliott Chartered
Surveyors|
|Independent
Examiner||JDH Business Services Ltd|
|Solicitors||Poole Alcock Ltd and Brabners
Ltd|
|Advisers||Cheshire
Voluntary
Services (Cheshire East) CVSCE|
##
##
##
|||X8c|||Restricted||||
|---|---|---|---|---|---|---|---|---|
|||III
aI|Unrestricted||Income|Endowment|Total this|Total last|
|||40|funds||funds|funds|year|year|
||||6||6|6|6|6|
|Fixed assets|||F01||F02|F03|F04|F05|
|Intangible assets|(Note 15)||||||||
|Tangible assets|(Note 14)|||259||205,000|205,259|175,518|
|Heritage assets|(Note 16)||||||||
|Investments|(Note 17)||||||||
||Total fixed assets||||||||
|Current assets|||||||||
|Stocks|(Note 18)|800|||||||
|Debtors|(Note 19)|80'r|1,957||||1,957|1,787|
|Investments|(Note 17.4)|808|||||||
|Cash at bank and|in hand (Note 24)|800|||||||
||Total cunent assets|810|||||||
|Creditors: amounts
falling due within|||||||||
|one year
(Note 20)||s11|9,195||||9,195|4,389|
|Net current assetsl(llabilitlesj||sre|||||||
|Total assets less current liatrilities||Bo||||||9, 07|
|Creditors: amounts
falling due after|||||||||
|one year|(Note 20)'|014|||||||
|Provisions for liabilities||810|||||||
|Total net assets orliabilities||s/0|21,183|||205,000|226,183|19'1,907|
|Funds ofthe Charity|||||||||
|Endowment
funds|(Note 27)|817||||205,000|205,000|175000|
|Restricted income|funds (Note 27)|810|||||||
|Unrestricted
funds||810|18,593||||18,593|14,317|
|Revaluation
reserve||820|2,590||||2,590|2,590|
||Total funds|821||,183||205,000|226,183|91,987|
|Signed by onc ortwo|trustees on behalf ofall|||||||Date of|
|the trustees|||Signature|||Print|Name|approval|
|||||||4,|5$|dd/mm/
30 v44/Vl|
|Yes'
No*|v'|'-Tick ss appropriate|||
|---|---|---|---|---|
|Please disclose:|||||
||||Alsager Tawn Council officers all have involvement
in the||
||||running ofAlsager institute|snd a proportion
oftheir|
||||salary, national
insurance|and pension
contributions
ars|
||||recharged
to Alsager Institute accordingly.||
|(i)the nature ofany|changes;||Recharges were not made|to Alsager
Institute
in FY2019-|
||||20for sll oflicem but these|wem reviewed
in FY2020-21|
||||and recharges were made|for all oflicers, ss sn accurate|
||||representation
ofthe work|performed
by Council officers in|
||||relation to Alsager Institute.||
|(ii) the etfect ofthe change onincome and expense or
assefs snd liabllides forthe cunent perfod; and|||The charges for FY2020-21 were 629,463and Et0,096 in
the prior year, representing
a large increase cff19,367
year on year. Two major roles wem vacsni during
FY2019-20,for which the costs in FY2020.21 totalled||
||||KI1,204.||
|(ifl) where pracdcable,||the effect ofthe change in one or|||
|more future periods.|||The change is ongoing and management
administration||
||||recharges
will continue to|be ata higher level in future|
||||years.||
##
|Note 2||||Acconntfn() policies|||||
|---|---|---|---|---|---|---|---|---|
|2.2 INCOME|||||||||
|This sfsndsnf||list ofsccoungng
po/icies hss been applied by Ihe chsnfy axespl far those ticked
No"or"N/a".
Where s|||||||
|dnbrsnt oradditional|||policy|hss been adopted /fien fh/s is detailed
in the box be/ow.|||||
|Recognition|of income|||These are included
in Ihe Statement ofRnancisl Acgvllles (SoFA)when:|||||
|||||~
the charity becomes entsed tothe resources;|||||
|||||it ismore likely than not that the trustees
will receive the resources; and||Yes|No|N/a|
|||||~
the monetary
value csn be measured
with sufficient reliability.|||||
|||||There hss been no offsetting ofassets and liabiliTies, or income and expenses, unless|mquired or Yes||No|Nia|
|||||permitted
by the FRS102SORP orFRS102.|||||
|||||||Yes|No|Nfa|
|||||Grants and donations srs only iraluded
In the SoFA when the general Income recognigon|||||
|Grants and|donations|||criteria are met (5.10to5.12FRS102SORP).|||||
|||||In the case ofperiormance
related grants, Income must only be recognised tothe extent||Yes|No|hya|
|||||that the charity has provided the specified goods or services as entitlement
tothe grant|||||
|||||only occurs when the performance
related conditions sre mat (5.16FRS 102SORP).|||||
|Legacies||||Legacies sre Included
In the SOFA when receipt is probable, that is, when there has|||||
|||||been grant ofprobate, the executors have established
thai there ars sufkcisnt assets
in
the estate and any conditions attached toths legacy are either wkhin the control ofthe
charity or have been meL||CZD|||
|||||||Yes|No|N/a|
|Government||grants||Ths chariiy has received government
grants
in ths rsporgng
period|||||
|||||Gift Aid receivable is included
in income when there isa valid declaration
fiom the donor.|||||
|Tax reckrims||on||Any Gilt Aid amount recovered onadonation
Is considered
to be part ofthat gift snd|is|Yss|No|N/a|
|donations
and gris||||treated as an addition to the same fund as the inigal donation
unless the donor orthe||||v'|
|||||terms ofthe appeal have specified otherwise.|||||
|Contractual
performance
grants|income
related||and|This is only included
in the SoFA once the charily has provided
the related goods or
services or met the performance
related condigons.||CZEI|||
|Donated goods||||Donated goods are measured at fair value (the amount for which the asset could be
exchanged)
unless Impracgcal to do so.||Yss|No|N/a|
|||||The costcfany slack ofgoods donated for distribution
to beneliciaries
isdeemed to tw
the fair value ofthose gifts at ths time oftheir receipt and they are recognised
on rsoelpL||Yes|No|Nia|
|||||In ths rsporgng
period
In which the stocks are distributed,
they ars recognised assn|||||
|||||expense at the carrying amount ofthe stocks at dlsvlbutlon.|||||
|||||Donaied goods for resale are measured
atfair value on initial recognson,
which is the|||||
|||||expected proceeds from sale less the expected costs ofsale, snd recognised
in 'Income|||||
|||||from other trading ackvlties'
with the corresponding
stock recognised
in ths balance
sheet.
On its sale the value ofstock is charged agalnat 'Income from other trading
anlvlges'
and the proceeds from
sale are also recognised ss 'Income from other lradlng
actlvitlest||lZD|||
|||||||Yes|No|N/a|
|||||Goods donated for onriiolng
use by the charity are recognised as tangible fixed assets|||||
|||||snd Induced
In the SoFAas incoming
resources when receivable.|||||
|||||||Yes|No|N/a|
|||||Gifts in kind for use bythe charity are Included
in the SoFAss Income from donations|||||
|||||when receivable.|||||
|Donated services and||||Donated services snd fscilitiss are included
in ths SOFA when received at fiw value|of|Yes|No|N/a|
|facgltles||||the gift tothe charity provided the value ofthe gift can be measured
reliably.|||||
|||||Donated services and facgities that ars consumed
Immediately
are recognised as income||Yes|No|N/s|
|||||with an equivalent
amount recognised as an expense under the appropriate
heading|in||||
|||||the SOFA.|||||
|||||||Yes|No|N/s|
|Support rxrsts||||The charily has incurred
expenditure
on support costs.||ECCL|||
|Volunteer
help||||The value ofsny voluntary
help received is not included
in the accounts
but is described
in the trustees'
annual
report.||Yes|No|N/a|
|||||||es|o|a|
|Income fram||interest,||This is included
in the accounts when receipt is probable and the amount receivable can|||||
|royalties snd||dividends||be measured
reliably.|||||
|income from||membership||Membership
subscriptions
received
in the nature ofa gift sre recognised
in Donations|||||
|subscripgions||||snd Legacies.|||||
|||||Membership
subscriptions
which gives a member the right to buy services or other|||||
|||||benefits sre recognised as income earned from the provision ofgoods and services as|||||
|||||income from charitable
activities.|||||
|Settlement
claims|ofinsurance|||Insurance
claims are only Included
in the SOFA when ths general Income recognillon
criteria are met (5.10to 5.12FRS102SORP) and sre included as an Item ofother
income in lhe SoFA.||Yes|No|N/a|
|||~ '
~
'
~||||
|---|---|---|---|---|---|
|Imrestment
losses|gains and|This includes sny realised or unrealised
gains or losses on the sale ofinvestments
snd
any gain or loss resulfing
from revaluing
investments
lo market value at the end ofthe|Yes|No|N/a|
|2.3EXPENDITURE||AND LIABILITIES||||
|Liability recognition||Liabilifies are recognised where it is more likely than not thai there is a legal or|Yes|No|N/a|
|||conskucfive
obligation
commfitlng
the charity to psy out resources and the amount ofthe||||
|||obligation
cen be measured
wilh reasonable
certainty.||||
|Governance
costs|and support|Support cosh have been allocated between governance
costs and other support.
Governance costs comprise all ccats irwolving
public acrx&untabfiqy
ofthe charily and ils
compliance
with regulation
and good practice.|IZD|||
|Grants with|performance|Support costs include central funckons
and have been allocated to activity cost
categories on s basis consistent
with the use ofresources, eg allocating
property costs
by fioor areas, or per capita, stag ousia by the time spent and other costs by their usage.
Where the charity gives a grant
with condiTions for its payment
being a spedfic srvel of
service o/ output to be provided,
such grants are only recognised
in the SoFA once the|Yes
No
N/a
KX?|||
|||recipient ofthe grant hss provided the specified service or output||||
|Grants payable without
pe/fern/ance
condltlens||Where there are no condifions sfiaching to the grant thai enables the donor charity to
realistically
avoid the commitment,
a liability for the full funding
obligation
must be
recognised.||||
||||Yes|No|Nla|
|Redundancy|cost|The charity made no redundancy
payments
during the repomng
psriod||||
||||Yes|No|N/a|
|Deferred Income||No msterist
item ofdeferred income has been Included
in the accounts.||||
|Creditors||The charily has credhors which are measured at seNement
amounts
less any trade
discounts|as
o
N/5
CDZ|||
|||A liability is measured
on rscognitlon
at its historical cost and then subsequently|Yes|No|N/a|
|Provisions|for liabilities|measured at the best estimate ofthe amount
required tc settle the obligation atthe||||
|||rsporfing date||||
|Seals Snsncial
Instruments||The charity accounts for basic financial instruments
on Inifial reccgnltlon as per
paragraph
10.7FRS102SORP. Subsequent
measurement
isss per paragraphs
11.17
to11.19,FRS102SORP.|Yes|No|N/a|
|2.4ASSETS||||||
||||Yes|No|N/s|
|Tangible fixed assets for||These are cspttafisrxl
Ifthey can be used fcr more than one year, snd costst least||||
|use by charity||51,000||||
|||They are valued atcost||||
|||The depreciation
rates and methods used are disclosed
in note 9.2.||||
|Intangible fixed assets||The charity hss irrisngibie
lixed assets, that is, non-monetary
assets that do nol have|Yes|No|N/s|
|||physical substance
but are idenfifiable
and sre controlled
by the charity through
custody
or legal rights. Ths amorlisatlon
rates and methods
used are disclosed
In note 9.5|DZ?|||
|||They sre valued at cost.||||
|Heritage assets||The charity has heritage assets, that Is, non-monetary
assets wiih histcriic, artisfic,||||
|||sriensfic, technological,
geophyskal
orenvironmental
qualities that are held
and||||
|||maintained
principally
for their contribution
to knowledge
snd culture.
The depreciation||||
|||rates and methods used as disclosed
In note 9.6.1.4.||||
||||Yes|No|N/a|
|||They are valutxt at cost.||||
|Investmenls||Fixed easel investments
in quoted shares, traded bonds and similar invsslmenls
are||||
|||valued at iniTially at cost and subsequently
at fair value (their market value) stthe year||||
|||end. The same treatment
Isapplied to unlisted
investmsnts
unless fair value cannot be||||
|||measured
rellablv
In whbh case It is measured
atcost less impairment||||
|||Investmenls
held for resale or pending
their sale and cash and cash equivalents
with s|Yes|No|Nla|
|||msturily date of less than 1 year are treated as current asset investments||||
|Stocks snd work in||Stocks held for sale ss part of non-charitable
trade are measured
atthe lower orcast or nei|Yes|No|Nla|
|pi'ogress||realisable
value.||||
|||Goods or services provided ss part ofa charitable
activity are measured at net realisable value|es|No|N/a|
|||based on the service pots nkal provided
by items ofstock,||||
||||es|No|N/a|
|||Work in progress is valued at oost less any foreseeable
loss that is likely to occur on the contract||||
|||Debtors (including
trade debtors and loans receivable) are measured
on inifisi recognition at|Yes|No|N/a|
|||sehement
amount after any trade discounts or amount advanced
by the charily.
Subsequently,||||
|||they are measured
at the cash or other consideration
expected to be received.||||
|||The charity hss investments
which
it holds for resale or pending
their sale and cash and cash||||
|Current asset Investments||equivalents
with a maturity date less than cne year. These Include cash on deposit and cash
equivalents
wiih a maturity dais ofless than one year held for invssknent
purposes
rather than|to|||
|||meet short term cash commitments
as they fall due.||||
||They are valued at fair value except where they qualify as basic financial instruments.|
|---|---|
|POLICIES ADOPTED|IL4 Tangitrle Fixed Assets - fixed assets ara valued at fair value (fixtures and fitlinpa are valued atcost|
|ADDITIONAL TO OR|less depreciation
less any impairment).|
|DIFFERENT FROM||
|THOSEABOVE||
|||||||||||~|~||~|~|||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Note 3||||Analysis||||of|income|||||||Restricted|||||
||||||||||||||||Unrestricted|income|Endowment||||
||||||||||||||||funds|funds|funds|Total funds||Prior year|
||||||||Anal|||is||||||||6|||
|Donations||Donations||and||ifts|||||||||10,000|2,000||12,000||2,000|
|and legacies:||Gift Aid
L
acies|||||||||||||||||||
|||General
chariti|grants|||provided||||by|government/other||||21,370|339||21,709|||
|||Membership|||subscriptions|||||and||sponsorships|||||||||
|||w
h are||in|substance||||donations||||||||||||
|||Donated||cods||facilities||||and||services|||||||||
|||Other|||||||||||||||||||
|||||||||||||||Total|31,370|2,339|||||
|Charitable
activities:||Letting
Letting|offacility
offacility||||to
to|community
community||||groups
interest|||831||||831|3,074|
|||company|||||||||||||12,472|||12,472||19,178|
|||Lettin|offacili||||to|Alsa||er|Town||Council||1,691|||1,691||3,378|
|||Lettin|offacili||||to|commercial||||or||anisstions|1,582|||1,582||8,806|
|||Other|||||||||||||||||||
|||||||||||||||Total|16,576||||||
|Other trading|||||||||||||||||||||
|activities:|||||||||||||||||||||
|||Other|||||||||||||||||||
|||||||||||||||Total|||||||
|Income from||interest|income||||||||||||||||||
|investments:||Dividend||income|||||||||||||||||
|||Rental|and||lessin|||income|||||||||||||
|||Other|||||||||||||||||||
|||||||||||||||Total|||||||
|Separate|||||||||||||||||||||
|material|item||||||||||||||||||||
|ofincome:|||||||||||||||||||||
|||||||||||||||Total|||||||
|Other:||Conversion|||ofendowment||||||funds||into income||||||||
|||Gain on disposal|||||ofa tangible|||||fixed asset|||||||||
|||held|r|harit||sown use|||||||||||||||
|||Gain on disposal|||||ofa programme|||||||related|||||||
|||investment|||||||||||||||||||
|||Royalties||from||the||exploitation||||of|intellectual||||||||
|||r
e||ri|hts||||||||||||||||
|||Other|||||||||||||||||||
|||||||||||||||Total|||||||
|TOTALINCOME|||||||||||||||47946|2339||50285||36436|
|Other information:|||||||||||||||||||||
||||~|~|||
|---|---|---|---|---|---|---|
|All Income In the prior year was unrestricted|||except for: (please||E2,000of restricted
income funds
in FY2019-20:||
|provide description|and amounts)||||E2,000from Alsager Town Council for H8Scosts||
|Where any endowment
fund Is converted
reporting
period, please give the reason||Into income in the
forthe conversion.|||N/A||
||||||Et0,000received
in FY2020-21 from Alsager Town Council as an||
||||||unspecified
grant to support the operations ofAlsager Institute.||
||||||This was not COVID related.
Classified as donations
&legacies in||
||||||unrestricted
funds.
No prior year equivalent
received.||
|Within the income items above the following
material: (please disclose the nature, amount
year amounts)||||items are
and any prior|E21,370received
in FY2020-21 from government
COVID grants
schemes: f10,000businesss
support grant, E7,370local
restrictions
support grants and E4,000 closed business
lockdown
payment.
ClassiTied as other unrestricted
income funds.
No prior||
||||||year equivalent
received.||
||||||f339ofother income received
in FY2020-21 from the CJRS||
||||||scheme which has been classified as restricted
income funds.|No|
||||||prior year equivalent
received.||
|Note 5|Donated goods, faciTities and services|Donated goods, faciTities and services|||
|---|---|---|---|---|
||||This year|Last year|
||||E|R|
|Seconded staff|||||
|Use ofproperty|||||
|Other|||||
|Please provide details|oftbe||||
|accounting
policy for the recognition
and valuation ofdonated goods,||NIA|||
|facilities and services.|||||
|Please provide details|ofany||||
|unfulfilled
conditions|and other||||
|contingencies
attaching to resources||N/A|||
|from donated goods and services not|||||
|recnonieed
in income.|||||
|Please give detags of|other forms of||||
|other donated goods snd services not
recognised
in the accounts, eg||N/A|||
|contribution
ofunoeid|volunteers.||||
|Note 6||Analysis ofexpenditure|Analysis ofexpenditure|Analysis ofexpenditure|||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||Restricted||||||
||||||Unrestricted||income|Endowment|||||
||||||funds||funds|funds|Total funds||Prior year||
|||Anal sis|||||||6||6||
|Expenditure|on|Incurred seeking donations|||||||||||
|raising funds:||Incurred seeking legacies|||||||||||
|||Incurred seeking grants|||||||||||
|||Operating
membership
schemes and|||||||||||
|||social lotteries|||||||||||
|||Staging fundraising
events|||||||||||
|||Fudraising
agents|||||||||||
|||Operating
charity shops|||||||||||
|||Operating a trading
company|||||||||||
|||undertaking
non-charitable|trading||||||||||
|||activ't|||||||||||
|||Advertising,
marketing,
direct||mail and|||||||||
|||Start up costs incurred
in|generating||||||||||
|||new source offuture income|||||||||||
|||Database development
costs|||||||||||
|||Other trading
activities|||||||||||
|||Investment
management|costs:||||||||||
|||Portfolio mana
ement costs|||||||||||
|||Cost ofobtaining
investment||advice|||||||||
|||Investment
administration|costs||||||||||
|||Intellectual
property licencing||costs|||||||||
|||Rent collection, property|repairs and||||||||||
|||maintenance
charges|||||||||||
|||Total expenditure
on raising funds|||||||||||
|Expenditure|on|Staff related costs|||28,742||721||29,463||10,096||
|charitable
activities||Utilities
Health
&Safety Costs|||3,352||1,618||3,352
1,618||3,851
1,341||
|||Repair &Maintenance|||1,688||||1,688||1,197||
|||Insurance|||1,645||||1,645||2,166||
|||Audit Fees||||581||||581||553|
|||Depreciation||||259||||259||259|
|||Professional
Fees||||825||||825||337|
|||Refuse collection||||717||||717||936|
|||Equipment
Purchases||||60||||60||130|
|||Other running
expenses|||1,000||||1,000|||806|
|||~||~|~|~|||||
|---|---|---|---|---|---|---|---|---|---|---|
||Total expenditure
on charitable
activities||||||38,869|2,339|||
|Separate material|Expenditure|ofaccess hatch||to cold|||||||
|item ofexpense|water tanks||||||1,500||1;500||
||Expenditure|on installation|ofa new fire||||||||
||alarm||||||1,298||1,298||
||Expenditure|on repair to leak||on cold|||||||
||water tank &expansion
tank||||||1,081||1,081||
||Expenditure|on replacement||lighting||||||2,900|
||Expenditure|on remedial
electrical|||||||||
||works following fixed wiring||test|||||||1,245|
||Expenditure|on replacement||UPVC|||||||
||windows|||||||||1,620|
||Expenditure|on replacement||guttering|||||||
||&fascias|||||||||480|
||Expenditure|on legal fees to||register|||||||
||the land with|the land registry|||||922||922||
||Total||||||4,802||||
|Other|||||||||||
||Total other|expenditure|||||||||
|TOTAL EXPENDITURE|||||||43,670|2,339|46,009|27,917|
##
##
|Please explain|the|nature ofeach|extraontinary|item occuning in the period.|||
|---|---|---|---|---|---|---|
||||||This year|Last year|
||||Descri tion||R||
|Extraordinary|item|1|||||
|||NIA|||||
|Extraordinary|item|2|||||
|||N/A|||||
|Extraordinary|item|3|||||
|||N/A|||||
|Extraordinary|item|4|||||
|||N/A|||||
|Total extrordinary||items|||||
##
##
||||||Amount|Amount|received||Amount|Amount|aid out||Balance|held at|eriod|end|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Descriptionlname|ofparty|Related
party (Yes|||This|ar|Last|ear|This|sr|Last|sr|This|ear|Last|sr|
|||rN|||||||||||||||
|NIA|||||||||||||||||
||||Total|'||||||||el|||||
||Description/name|ofparty||Balance|held|at|riod|end|
|---|---|---|---|---|---|---|---|---|
|||||This|sr||Last|ar|
|NA|||||||||
||||Total||||||
|categories a|nd has support c|osts.|||||||
|---|---|---|---|---|---|---|---|---|
|||||||||asia|
||Raising funds||Activity 1|Activity 2|Activity 3||Grand total|allocation|
|Support|cost|||||||(Describe|
|exam|les|||||||method|
|Other|||||||||
|Total|||||||||
|Please provide details ofthe accounting|||policy||||||
|adopted for the apportionment
activities and any estimation||ofcosts
techniques|between
used to|||N/A|||
|calculate their apportionment.|||||||||
##
|was paid pl|ease ent|er fi'in the appropriate|box(esj.||||||
|---|---|---|---|---|---|---|---|---|
||||||||This year|Last year|
|independent|examiner's fees||||||||
||||||||581|553|
|Assurance|services|other than audit or independent||examination|||||
||||||||N/A||
|Tax advisory fees|||||||||
||||||||NIA|N/A|
|Other fees|(for example: financial advice,||consultancy,||accountancy|services) paid|||
|to the independent||examiner|||||N/A|NIA|
##
##
##
##
||||||||Freehold land|Other land &|Plant,||Fixtures,|Fixtures,||Total|Total||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||&buildings|buildings|machinery|and|fittings and||||||
||||||||||motor vehicles||equipment||||||
|At the beginning||||of|||175,000||||2,590||||||
|the vear|||||||||||||||||
|Additions|||||||||||||||||
|Revaluations|||||||30,000||||||||||
|Disposals|||||||||||||||||
|Transfers|*||||||||||||||||
|At end ofthe|||year||||||||||ss||||
|||||||||||||||rais|||
|14.2 Depreciation||||||and|Impairments||||||||||
||||~Basis||||SLor RB|SLor RB|SLor RB||SL|||SLor|RB|Straight Line|
|||||||||||||||||("SL")or|
|||||||||||||||||Reducing|
|||||||||||||||||Balance|
|||||||||||||||||("RB")|
||||||Rate||||||10%||||||
|At beginning|||of|the|||||||2,072||||||
|veer
Disposals|||||||||||||IKv|'.-\|7 T'||
|Depreciation||||||||||||259|||||
|Impairment|||||||||||||||||
|Transfers*|||||||||||||||||
|At end of|the||year||||||||@„334;'i||||||
|14.3Net book value|||||||||||||||||
|Net book|value|||at||the||||||||'li/|f518||
|beginning||of|the||year||||||||||||
|Net book||value||at||the|||||||||||
|end ofthe||year|||||||||||||||
##
##
##
##
|||Research &|Patents and|Other|Total|
|---|---|---|---|---|---|
|||development|trademarks|||
|At beginning|ofthe|||||
|vear||||||
|Additions||||||
|Disposals||||||
|Revaluations||||||
|Transfers *||||||
|At end ofthe|year|||||
##
|15.2Amo|rtis|ati|on
and|impairments|||||
|---|---|---|---|---|---|---|---|---|
||||*'Basis|SLor RB|SLor RB|SLor RB|SLor RB|Straight Line|
|||||||||("SL")or|
|||||||||Reducing|
|||||||||Balance|
||||'*Rate||||||
|At beginning||ofthe|||||||
|vear|||||||||
|Disposals|||||||||
|Amortisation|||||||||
|Impairment|||||||||
|Transfers*|||||||||
|At end of|year||||||||
|15.3 Net book|||value||||||
|Nat book|value||at the||||||
|beginning|of|the year|||||||
|Net book|value||at the||||||
|end ofthe|year||||||||
##
||||||Cash Scash
equivalents|Cash Scash
equivalents|Listed
investments|Investment
properties|Social
investments|Other|Total|
|---|---|---|---|---|---|---|---|---|---|---|---|
|Carrying
(fsir)|value at|beginning||of||||||||
|period||||||||||||
|Add: additions|to investments||during|||||||||
|period||||||||||||
|Less: disposals at carrying
value||||||||||||
|Less: impairments||||||||||||
|Add: Reversal ofimpairments||||||||||||
|Add/(deduct):|transfer|in/(cut)|in|the||||||||
|period||||||||||||
|Add/(deduct):|net gain/(loss)||on|||||||||
|revaluation||||||||||||
|Carrying
(fsir)|value at|snd ofyear||||||||||
|*Please specify addltioris
resulting|||||from|||||||
|acquisitions|through|business||combinations,||if||||||
|any.||||||||||||
##
##
##
##
##
##
##
##
##
##
##
|18.1 Pleas
activities.|e state the carrying|amount ofsto|ck and work in|progress ana|lysed
betwe|en|
|---|---|---|---|---|---|---|
||||Stock|Donated|goods||
|||||||Work in|
|||For|For resale|For|For resale|progress|
|||distribution||distribution|||
|Charitable|activities:||||||
|Opening|||||||
|Added in period|||||||
|Expensed in period|||||||
|Impaimd|||||||
|Closing|||||||
|Other trading activities:|||||||
|Opening|||||||
|Added in period|||||||
|Expansedin|period||||||
|Impaired|||||||
|Closing|||||||
|Other:|||||||
|Opening|||||||
|Added in period|||||||
|Expensed in period|||||||
|Impaired|||||||
|Closing|||||||
|Total this|year||||||
|Total previous year|||||||
##
|Trade debtors||
|---|---|
|Prepayments|and accrued income|
|Other debtors||
##
##
##
##
##
##
##
##
##
|Note|24
Cash|at bank and in hand|||||
|---|---|---|---|---|---|---|
||||||This veer|Last year|
||||||R||
|Short|term cash investments|(less than 3months|maturity|date)|||
|Short|term deposits||||||
|Cash|at bank and on hand||||28,162|18,991|
|Other|||||||
|Total|||||||
##
|Note 27|||Cha||funds|funds|||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|27.1 Details||of material funds||held and movemenls
during the CURRENT||||||||reporting|||period||||||||||
|please give||details of|Ihe movemmds ofmsimlal individual
funds in tlm mpartley||||||||||pened||logelher wlm||8balancing|ygum for Tiller||hrncisi|The|'Telsl funda'yyure||below|
|shouht mconaile lo Total funds'|||||ln|the bshnce sheet|||||||||||||||||||
|'Keyr PE-|permanent||endowment|||funds; EE-expandible|endowment|||fundal R -mshicted lnsome funds, including||||||||special|trusts,|offhs shanty;||and U - unmsbhtad|||
|funds|||||||||||||||||||||||||
||||||||||||||||un|||||||||ua|
|||||Type PE, EE
RorUR *
Purpose and Restrhtlons|||||||||||balances
brought
forward|||ExpendNure||Transfem||Gales snd
losses|balances
carried
forward||
|Fund names|||||||||||||||2|||2||2||2||2|
|Geneml Reserves||||UR||To mver contingencies,
ex
ndilure.||unplanned|||||||6|514|47946 -|41 507 -||3|193||||
|||||||Seas|I888Ive - lo|||Ul|Ia
III||||||||||||||
|||||||FY2020-21|for expenditure|||on|professional||||||||||||||
|Earmarked|Reserve|||UR||advice||||||||||ee3|||||||||
|||||||rma|reserve-|||u|ue
m||||||||||||||
|||||||FY2021-22|for expenditure|||on|equipment||||||||||||||
|Earmarked|Reserve|||UR||urchases|||||||||||||||140||||
|||||||rma|reserve -tc||8||s|n|||||||||||||
|||||||F72021-22|for expenditure|||on|H55||||||||||||||
|Earmarked|Reserve|||UR||trainin .|||||||||||||||133||||
||||||||||||u|vr|||||||||||||
|||||||years for expenditure
on||the phnned|||||||||||||||||
|||||||maintenance|program.||||||||||||||||||
|||||||Balance ganersmd
from||charlmbls|||||||||||||||||
|Ca asl Reserve||||UR||adivilies.|||||||||5|140|||1500|2|920||||
|||||||eva
ebon|reiwrve estab|||s|upon||||||||||||||
|Revaluation||Reserve||UR||revaluation|ol lan
Ibis lixed arne
u||||||||2|590|||||||||
|||||||n|v
-rav|||u|en|||en|||||||||||
|||||||reserve established
upon|||revaluation||||of||||||||||||
|||||||land and buildings
in 2016. Further||||||gain||of|||||||||||
|Permanent|Endowment|||PE||230,000 in the year upon
assai in 2020.|||revaluation||||of|the|175000|||||||3O COO|' -.|gita'.|
|||||||||||||||||||||||||I Ihn|
|Other funda||||Nla||Nla|||||TolalFunds|||||||||||Stet(G|': ..'23||
|Note 27||Chart||funds|funds|con|||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|27,2Detsgs ot malarial funds|||held||and movements
during the PREVIOUS repoking||||||period||||||||
|phsm 9/ve|deregs ofthe movemanls||||of|melano/
ind/vkfuel
brads In ihe repmt/ng|||pedod||together wga e bs/sne/ng||||ggum I'or oNer I/rnds 1 The Tata/ brads' ggum||||
|behnr shouid reconc//e||to Tofel funds'in||||the|8/ennea sheet.||||||||||||
|'Key/ PE-|permanent|endowment||funds;||EE-sxpsndNh
endowment||funds; R - msefcled Income lunds, Ine/ud/ng|||||||spec/sl trusts, ofNe cbangy/ and U -umestric/ed||||
|frrnde|||||||||||||||||||
||||||||||||u|||||||un|
|||||||||||bahmes||||||||balances|
||||Type PE, EE
RorUR*||||Purpose and Restdetions||||braughl
folwsnl|||Expend/Wra||Transfers|Gains and
losses|ssrr/e
folwald|
|Fund names|||||||||||8||||6|8|6|8|
||||||||Tocovercontingenc/es,
unphnned||||||||||||
|General Reserves|||UR||||e
en diture.||||3|920|36436|-|27587 -|4255|||
||||||||anna
reserve -
e|u
se
n|||||||||||
||||||||F72020/gt for expendgure|on professional|||||||||||
|Ea/nl8lksd|Rssslve||UR||||advice.||||||||||||
||||||||Fvgot 9/20 for expenditum|on legions|la||||||||||
||||||||tost/ng.||||||||||||
||||||||Ba/ence
rema/ning
horn grant monkw||||||||||||
||||||||received from A/sager Town Council||in||||||||||
|Earmarked|Reserve||||||FY2016/19 for Hhg costs.|||||330|||330||||
||||||||FY2019/20 forexpendihre|on scions|||||||||||
||||||||fo/owing
bus/ee
bs/n/ng.||||||||||||
||||||||Bahnce remaining
from grant monies||||||||||||
||||||||received horn Abegsr Town Council||in||||||||||
||||||||FY2018/I9formats re/st/ng
to trustee||||||||||||
||||||||tra/n/ng.||||||||||||
||||||||The training was provided|FOC in|||||||||||
|Earmarked|Reserve||||||FY19/20.||||||||||||
||||||||FY2019/20 for expenditure|on the phnned|||||||||||
||||||||ms/nlsnsnce
program.||||||||||||
||||||||Balance generated
from charitable||||||||||||
||||||||acu nes in 772018/Ig.||||||||||||
||||||||Capital reserve balance st year end
FY2018/19of61,048 towards Ibe ra-||||||||||||
|gat Reserve|||UR||||ils/8
wo/ks.||||1|048||||4.092|||
||||||||Rave/uat/on
reserve oats|i
upon|||||||||||
|Reve/uat/on|Reserve||UR||||revs/uakon
ofla
Ibh gxed sssete||||2|590|||||||
||||||||owme
u
-mva ua
n en||en||||||||||
||||||||reserve estab/Shed
upon|revs/uation|of||||||||||
|Permanent|Erldnwment||PE||||hnd and buildjn
8||||175000||||||||
||||Ns||||N/8||||||||||||
|||||||||Total|Funds|.|||||||||
|Note 27||Charity funds|(cont)|(cont)|||||||
|---|---|---|---|---|---|---|---|---|---|---|
|27.3 Transfers|between funds||||||||||
|||Reason for|transfer||and where endowment
is converted to income,|||||Amount|
||||||le al|ower for its conversion|||||
|Between restricted|and|||||None||||N/A|
|unrestricted
funds|||||||||||
|Between endowment||and||||None||||N/A|
|restricted funds|||||||||||
|Between endowment||and||||None||||N/A|
|unrestricted
funds|||||||||||
|27.4Designated|funds||||||||||
|Planned use|||||Pu|ose ofthe desi|nation|||Amount|
|Capital works||Unrestricted|income||fund categorised as the capital|||reserve, arising||6560|
|||from surpluses
generated||||on charitable
activities
in||FY2018-19, FY2019|||
|||20 and FY2020-21.|||Planned to be utilised||in future|years for completion|||
|||ofcapital works||in line with the planned
maintenance||||program.|||
|Equipment
Purchases||Unrestricted|income||fund categorised as an earmarked||||reserve arising|140|
|||from un-utilised||budget
in||FY2020-21. To|be utilised|in|FY2021-22 to||
|||provide financing||for equipment
purchases.|||||||
|H&S||Unrestricted|income||fund categorised as an earmarked||||reserve arising|133|
|||from un-utilised||budget
in||FY2020-21. To|be utilised|in|FY2021-22 to||
|||provide financing||for H8S||training.|||||
##
|There have been no|related party transactions
in the reporting|related party transactions
in the reporting|period (True or False)|period (True or False)||FALSE|FALSE|
|---|---|---|---|---|---|---|---|
||||||||mounts|
|Name ofthe trustee
o'r related party|Relationship
to charity|Description ofthe
transaction(s)|Amount|Balance at
period end|Provision for bad
at period end|debts|written off
during
reporting|
|Alsager Town Council|Trustee|Alsager Institute
provides|1691|||||
|||room hire to Alsager||||||
|||Town Council for Town||||||
|||Council meetings.||||||
|||Alsager Town Council||||||
|||pay Alsager Institute for||||||
|||the room hire in relation||||||
|||to this.||||||
|Alsager Town Council|Trustee|Alsager Town Council|2000|||||
|||paid Alsager
Institute a||||||
|||grant as a contribution||||||
|||towards the health and||||||
|||safety and regulatory||||||
|||compliance costs||||||
|||incurred
by Alsager||||||
|||Institute.||||||
|Alsager Town Council|Trustee|Alsager Town Council|10000|||||
|||paid Alsager Institute a||||||
|||grant
in support ofthe||||||
|||operations
ofAlsager||||||
|||Institute:||||||