| 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 | |||
| 2021 | 2021 | 2021 | 2020 | |||
| Income and endowments | ||||||
| from: | ||||||
| Donations and legacies |
2a | 199 | 199 | |||
| Charitable activities |
2b | 33,837 | 33,837 | 65,265 | ||
| Other trading activities |
2c | 14,196 | 14,196 | |||
| Total income | 48,232 | 48,232 | 65,265 | |||
| Expenditure on Charitable activities |
33,266 | 10,326 | 43,592 | 27,799 | ||
| Total resources expended | 33,266 | 10,326 | 43,592 | 27,799 | ||
| Net Income/(expenditure) | 14,966 | (10,326) | 4,640 | 37,466 | ||
| Gain on revaluation assets |
offixed | 535,000 | ||||
| Net movement in |
funds | 14,966 | (10,326) | 4,640 | 572,466 | |
| Total funds brought | forward | 8, 9 | 574,145 | 19,893 | 594,038 | 21,572 |
| Total funds carried | forward | 7-9 | 589,111 | 9,567 | 598,678 | 594,038 |
| Notes | 3&"October 2O21 | 31"Oc~o~er | 2020 | ||
|---|---|---|---|---|---|
| Fixed assets Tangible fixed assets |
4 | f. 532,474 |
535,476 | ||
| Current assets Debtors Cash at bank and in |
hand | 1,938 65,028 |
1,976 57,697 |
||
| 66,966 | |||||
| Current liabilities |
|||||
| Creditors: amounts due within one year |
falling | (762) | (1,111) | ||
| Net current assets | 58,562 | ||||
| Total assets less current liabilities | 598,678 | 594,038 | |||
| Funds: | |||||
| Unrestricted funds Restricted funds |
7, 8 7, 9 |
589,l11 9,567 |
574,145 19,893 |
||
| 598,678 |
| Unrestricted | Restricted | Total | Total | ||
|---|---|---|---|---|---|
| Funds | Funds | Funds | Funds | ||
| 2021 | 2021 | 2021 | 2020 | ||
| b. Charitable Activities Electricity Payments HMRC Job Retention Scheme |
5,727 | F 5,727 |
2,636 4,170 |
||
| Lancashire Covid-19 Community |
10,000 | ||||
| Support Fund |
|||||
| National Lottery Community |
Fund | 9,000 | |||
| (Covid Response) Room Hire |
8,040 | 8,040 | 14,459 | ||
| West Lancashire Covid 19 |
Business | 20,070 | 14,945 | 25,000 | |
| Grant | |||||
| 33,837 | 33,837 | 65,265 |
| ncome from chari 19,000 related to |
table activities restricted funds |
in 2020 comprised |
46,265 for un | restricted fu |
nds and |
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Tot.al | ||
| Funds | Funds | Funds | Funds | ||
| 2021 | 2021 | 2021 | 2020 | ||
| c. Other trading Rental income |
activities | E 14,196 |
F 14,196 |
| xpenditure on |
charitable activ |
ities | ||||
|---|---|---|---|---|---|---|
| Direct | Support 8 | Total | Total | |||
| Charitable | Governance | 2021 | 2020 | |||
| Expenditure | Costs | |||||
| To provides open space for use | by | |||||
| local communities and also provide low cost office accommodation for |
14,024 | 29,568 | 43,592 | 27,799 | ||
| social enterprises | ||||||
| a) Analysed as |
follows: | |||||
| Direct charitable Building running Insurance |
expenditure: costs |
2021 'E 9,861 4,116 |
2020f 10,166 3,680 |
|||
| Refreshments | 47 | 107 | ||||
| 14,024 | 13,953 |
| Support 8 governance costs: Staff salary costs Office costs |
E 10,338 1,756 |
10,995 1,796 |
|---|---|---|
| Rental payments | 13,650 | |
| Travel expenses PPE covid protection Loss on disposal oftangible fixed asset Sundry Accountancy Depreciation |
10 112 102 710 2,890 |
304 525 215 |
| 29,568 | 13,846 | |
| Total expenditure on charitable activities |
27,799 | |
| 210,326 (2020:F215) ofthe above expenditure | is restricted | expenditure. |
| b) Staff Costs | 2021 | 2020 |
| Staff salaries | 10,338 | 10,995 |
| Tangible fixed assets | |||
|---|---|---|---|
| Land & | Computer | Total | |
| Building | Equipment | ||
| Cost or revaluation As at 1"November 2020 |
535,000 | 1,073 | 536,073 |
| Additions during the year Disposals during the year |
(279) | (279) | |
| Balance as at 31"October 2021 | 535,000 | 794 | 535,794 |
| Accumulated Depreciation As at 1"November 2020 Charge for the year Disposals during the year |
2,675 (-) |
597 215 (167) |
597 2,890 (167) |
| Balance as at 31"October 2021 | 2,675 | 645 | 3,320 |
| Net Book Value at 31"October 2021 | 532,325 | 149 | 532,474 |
| Net Book Value at 31"October 2020 | 535,000 | 476 | 535,476 |
| Debtors | ||
|---|---|---|
| 2021f | 2020 | |
| Prepayments Debtors |
1,871 67 |
1,558 418 |
| 1,938 | 1,976 |
| Creditors: amounts falling due with |
in one year: | |
|---|---|---|
| 2021 | 2020 | |
| Accruals | 710 | 1,050 |
| Tax and Social Security | 52 | 61 |
| 762 |
| N | OTES TO THE FINANCIAL STAT | OTES TO THE FINANCIAL STAT | EMEN | TS FOR THE YE | AR ENDED 31sTO | CTOBER |
|---|---|---|---|---|---|---|
| 7. | Analysis of net assets between |
funds | ||||
| 2021 | Tangible fixed | Net current | ||||
| Unrestricted Funds |
assets | assets F |
Total f |
|||
| General Fund |
532,325 | 56,786 | 589,111 | |||
| Restricted Funds |
||||||
| Big Lottery Fund Grant— | 149 | 418 | 567 | |||
| Awards for All | ||||||
| National Lottery Community Fund (Covid Response) |
9,000 | 9„000 | ||||
| 149 | 9,418 | 9,567 | ||||
| Totals | 532,474 | 66,204 | 598,678 | |||
| 2020 | Tangible fixed assets |
Net current assets |
Total | |||
| Unrestricted Funds |
||||||
| General Fund |
535,000 | 39,145 | 574,145 | |||
| Restricted Funds |
||||||
| Big Lottery Fund Grant— | 476 | 417 | 893 | |||
| Awards for All |
||||||
| Lancashire Covid-19 Community Support |
Fund | 10,000 | 10,000 | |||
| National Lottery Community |
9,000 | 9,000 | ||||
| Fund (Covid Response) | ||||||
| 476 | 19„417 | 19,893 | ||||
| Totals | 535,476 | 58,562 | 594,038 |
| Funds | Income | Expenditure | Gain on | Funds | |||
|---|---|---|---|---|---|---|---|
| 2021 | at | Beginning ofyear |
revaluation offixed |
at End ofyear |
|||
| General | Fund | 574,145 | 48,232 | (33,266) | 589,111 |
| Funds | Income | Expenditure | Gain on | Funds | |||
|---|---|---|---|---|---|---|---|
| 2020 | at | Beginning ofyear |
revaluation offixed |
at End ofyear |
|||
| General | Fund | 20,464 | 46,265 | (27,584) | 535,000 | 574,145 |
| Funds | Income | Expenditure | Funds | ||
|---|---|---|---|---|---|
| 2021 | at Beginning ofyear |
at End ofyear |
|||
| F | |||||
| Big Lottery Fund —Awards for All |
Grant | 893 | (326) | 567 | |
| Lancashire Covid-19 |
|||||
| Community Support |
10,000 | (10,000) | |||
| Fund | |||||
| National Lottery Community Fund |
9,000 | 9,000 | |||
| (Covid Response) | |||||
| Totals | 19,893 | (10,326) | 9,567 | ||
| Funds | Income | Expenditure | Funds | ||
| 2020 | at Beginning ofyear f |
at End ofyear |
|||
| Big Lottery Fund —Awards for All |
Grant | 1,108 | (215) | 893 | |
| Lancashire Covid-19 Community Support |
10,000 | 10,000 | |||
| Fund | |||||
| National Lottery Community Fund |
9,000 | 9,000 | |||
| (Covid Response) | |||||
| Totals | 1,108 | 19,000 | (215) | 19„893 |
| 2021 | 2020 | ||
|---|---|---|---|
| INCOME | |||
| Grant income | 19,000 | ||
| Donations | 199 | ||
| Rental income Room hire Electricity payment HMRC Job Retention Scheme |
14,196 8,040 5,727 |
14,459 2,636 4,170 |
|
| West Lancashire Covid-19 business |
grant | 20,070 | 25,000 |
| Total income | 48,232 | 65,265 | |
| EXPENDITURE | |||
| Charitable activities: Staff salary costs Insurance |
10,338 4,116 |
10,995 3,680 |
|
| Rental payments Printing and stationery Alarm maintenance Fire equipment Telephone Computer software Cleaning Rates Heat and light Refreshments |
13,650 22 600 316 1,715 19 38 'l52 8,517 47 |
47 690 698 1,749 159 420 8,077 107 |
|
| Travel expenses PPE covid protection Loss on disposal oftangible fixed asset Sundry Garden and office improvements House maintenance Accountancy Depreciation |
10 112 102 36 202 710 2,890 |
11 304 122 525 215 |
|
| Total expenditure for charitable |
activities | 43,592 | 27,799 |
| Net income for the year | 4,640 | 37,466 | |
| Gains on revaluation offixed assets |
535,000 | ||
| Net Movement in funds |
4,640 | 572,466 |