2020-10-31-accounts

		Page
Trustees' Annual Report
Independent Examiner's	Report
Statement of Financial	Activities
Balance Sheet
Notes to the Financial Statements

		Notes	Unrestricted	Restricted	Total	Total
			Funds	Funds	Funds	Funds
			2020	2020	2020	2019
Income and endowments
from:
Charitable activities			46,265	19,000	65,265	29,893
Total income			46,265	19,000	65,265	29,893
Expenditure on
Charitable activities			27,584	215	27,799	36,595
Total resources expended			27,584	215	27,799	36,595
Net Income/(expenditure)			18,681	18,785	37,466	(6,702)
Gain on revaluation assets	offixed		535,000		535,000
Net movement in funds			553,681	18,785	572,466	(6,702)
Total funds brought	forward	8, 9	20,464	1,108	21,572	28,274
Total funds carried	forward	7-9	574,145	19,893	594,038	21,572

Fixed assets Tangible fixed assets	Fixed assets Tangible fixed assets	Notes	31"October 2020 E 535,476	31"October	2019 6 691
Current assets
Debtors Cash at bank and	in hand	5	1,976 57,697	1,886 19,555
Current liabilities			59,673	21,441
Creditors: amounts falling due within one year		6	(1,111)	t560)
Net current assets			58,562		20,881
Total assets less current		liabilities	594,038		21,572
Funds:
Unrestricted funds Restricted funds		7, 8 7, 9	574,145 19,893		20,464 1,108
			594,038		21,572
Approved by Trustees on		.+...........,f...'....2..!

					Unrestricted	Restricted		Total	Total
					Funds	Funds		Funds	Funds
					2020	2020		2020	2019
Charitable Activities					E	E		E	E
Electricity Payments					2,636			2,836	5,508
HMRC Job Retention		Scheme			4,170			4,170
Lancashire Covid-19		Community
Support Fund						10,000		10,000
National Lottery Community			Fund
(Covid Response)						9,000		9,000
Room Hire					14,459			14,459	24,385
West Lancashire	Covid 19		Fund		25,000
					46,265	19,000		65,265	29,893
Expenditure on charitable			activities
					Direct	Support	&	Total	Total
					Charitable	Governance		2020	2019
					Expenditure	Costs
					E		E	E	E
To provides open	space for		use	by
local communities and also provide low cost office accommodation for					13,953	13,846		27,799	36,595
social enterprises

a. Analysed as foll	ow	s:
			2020	2019
Direct charitable	expenditure:		f	6
Building running	costs		10,166	14,611
Insurance			3,680	3,787
Activities				83
Refreshments			107	241
Apprentices				4,500
			13,953	23,222
			2020	2019
Support &governance		costs:	6	F.
Staff salary costs			10,995	10,797
Office costs			1,796	1,717
Travel expenses			11	114
Sundry			304	6
Accountancy			525	525
Depreciation			215	214
			13,846	13,373
Total expenditure activities		on charitable	27,799	36,595

F215	(2019:f297) ofthe above	expenditure is restricted exp	enditure.
Staff	Costs	2020	2019
		E	F
Staff	salaries	10,995	10,797

Tangible fixed assets
	Land 8	Computer	Total
	Building	Equipment
Cost		E	E
As at 1"November 2019		1,073	1,073
Revaluation	535,000		535,000
Additions during the year
Balance as at31"October 2020	535,000	1,073	536,073
Accumulated Depreciation As at 1"November 2019		382	382
Charge for the year		215	215
Balance as at31"October 2020		597	597
Net Book Value at31"October 2020	535,000	476	535,476
Net Book Value at31"October 2019		691	691

Debtors
	2020	2019
	E	E
Prepayments	1,558	1,886
Debtors	418
	1,976	1,886

6.	Creditors: amounts	falling due within one year:	falling due within one year:
			2020	2019
			E	E
	Accruals		1,050	525
	Tax and Social Security		61	35
			1,111	560

Restricted	Funds
				Movements	in the Year
			Funds	Income	Expenditure	Funds
			at Beginning			at End
			ofyear			ofyear
			E			E
Big Lottery Awards for	Fund Grant— All		1,108		215	893
Lancashire Community	Covid-19 Support	Fund		10,000		10,000
National Lottery Community Fund (Covid Response)				9,000		9,000
otals			1,108	19,000	215	19,893