| Mr G Green | (resigned | 3rd February 2022) | Mrs | H Hundley | |
|---|---|---|---|---|---|
| Dr D Prudham | (retired | 1stAugust 2021) | Mrs | CA Chapman | |
| Mrs C Alton | Mr | R Smith | |||
| Mrs VApple | Mrs | I I Poyser |
|||
| Mr R TW Hind | Mrs | P Tilley | |||
| Ms KJ Price | Mrs | J Bird (appointed | 24th September 2021) |
| STATEMENT OF | STATEMENT OF | STATEMENT OF | FINANCIAL ACTIVITIES | FINANCIAL ACTIVITIES | ||||
|---|---|---|---|---|---|---|---|---|
| (INCLUDING | INCOME AND EXPENDITURE ACCOUNT | |||||||
| FOR THE | YEAR ENDED 31STDECEMBER 2021 | |||||||
| Total | Total | |||||||
| Funds | Funds | |||||||
| 2021 | 2020 | |||||||
| Notes | F | 8 | ||||||
| UNRESTRICTED FUNDS | ||||||||
| INCOME | ||||||||
| Income and Endowments | from: | |||||||
| Donations and grants |
121,968 | 89,823 | ||||||
| Charitable Acitivities |
74,348 | 46,583 | ||||||
| Other Trading Acitivities |
4,510 | 27,856 | ||||||
| Investment income |
1,610 | 63,971 | ||||||
| TOTAL INCOME | 202,436 | 228,233 | ||||||
| EXPENDITURE ON: | ||||||||
| Raising Funds | 34,779 | 27,715 | ||||||
| Charitable Activities |
255,020 | 252,291 | ||||||
| TOTAL EXPENDITURE | 289,799 | 280,006 | ||||||
| Net Outgoing Resources |
for the | Year | (87,363) | (51,773) | ||||
| NET LOSSES ON INVESTMENTS | ||||||||
| Loss on Revaluation | of Investment | Property | 50,000 | 75,000 | ||||
| NET MOVEMENT IN |
FUNDS | (137,363) | (126,773) | |||||
| Total Funds at 1st January | 2021 | 1,800,785 | 1,927,558 | |||||
| TOTAL FUNDS AT 31ST | DECEMBER 2021 | 1,663,422 | 1,800,785 | |||||
| All the above results | are | derived | from continuing | activities. |
| VOLUNTARY | INCOME | ||
|---|---|---|---|
| 2021 | 2020 | ||
| E | E | ||
| Donations | 4,525 | 14,337 | |
| Legacies | |||
| Government | Grant Income | ||
| Job Retention Scheme Grants | 80,943 | 44,757 | |
| Nottingham | City Council Covid 19Support Grants | 36,500 | 30,729 |
| 121,988 | 89,823 |
| 3 | INCOME FROM CHARITABLE ACTIVITIES | ||||||
| 2021 | 2020 | ||||||
| E | |||||||
| Members' Subscriptions |
7,756 | 9,361 | |||||
| Members' Cultural Excursions |
17,935 | 13,634 | |||||
| Restaurant and Bar |
28,184 | 21,676 | |||||
| Lettings of Rooms | 20,339 | 1,662 | |||||
| Visitor Tickets | 42 | 92 | |||||
| Library and Sundry | 92 | 158 | |||||
| 74,348 | 46,583 | ||||||
| ' | |||||||
| 4, | OTHER TRADING ACTIVITIES | ||||||
| Room Hire | 4,510 | 27,856 | |||||
| 5 | INVESTMENT INCOME | ||||||
| Rent Receivable Phoenix |
Park | 16,687 | |||||
| Lease Break Clause Penalty | 16,686 | ||||||
| Lease Compensation | 20,000 | ||||||
| Car Parking Charges |
1,610 | 1,276 | |||||
| Service Charges and Allowances |
Phoenix | Park | 5,322 | ||||
| 1,610 | 63,971 | ||||||
| 6 | RAISING FUNDS | ||||||
| Investment Management |
Costs: | ||||||
| Letting Commission and Fees |
121 | 1,207 | |||||
| Service Costs Recharged | to Tenants | 196 | |||||
| Legal Fees | 3,875 | ||||||
| Landlords Costs |
32,658 | 19,154 | |||||
| 32,779 | 24,432 | ||||||
| Provision for Doubtful Debts |
564 | ||||||
| Fund Raising and Publicity | 719 | ||||||
| Management of Lettings of Rooms |
2,000 | 2,000 | |||||
| 34,779 | 27,715 |
| ANALYSIS OF EX | PENDITURE | ON CHA | RITABLE ACTIVITI | ES | |
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| 6 | 6 | ||||
| Restaurant and Bar: |
|||||
| Purchases | 9,617 | 15,242 | |||
| Wages | 41,251 | 42,266 | |||
| Repairs | 1,102 | 377 | |||
| Equipment Hire |
1,747 | 512 | |||
| Rates &Water | 1,105 | 1,527 | |||
| Electricity and Gas | 1,734 | 2,016 | |||
| Cleaning and Sundries |
3,910 | 3,679 | |||
| Depreciation | 1,175 | 1,175 | |||
| 61,641 | 66,794 | ||||
| Members' Cultural |
Excursions | 16,430 | 13,742 | ||
| General: | |||||
| Management and Office Salaries and Wages |
65,580 | 48,795 | |||
| Staff Training and |
Employment | Fee | 2,300 | ||
| Rates, Water, Electricity, Gas, Insurance | and Telephone | 11,336 | 16,368 | ||
| Printing, Stationery |
and Postage | 886 | 621 | ||
| Sundry | 4,786 | 2,000 | |||
| Depreciation | 2,687 | 2,274 | |||
| Repairs and Maintenance | 301 | 2,762 | |||
| Bank Interest | 116 | ||||
| Credit Card Charges | 1,170 | 816 | |||
| 86,862 | 75,936 | ||||
| Buildings: | |||||
| Wages Facilities | 40,458 | 56,645 | |||
| Repairs and Maintenance | 5,442 | 10,305 | |||
| Cleaning Wages | 17,552 | ||||
| Cleaning and Sundries |
1,995 | 1,955 | |||
| Depreciation | 18,289 | 18,734 | |||
| 83,736 | 87,639 | ||||
| Library and Sundry: | |||||
| Wages | 935 | ||||
| Books and Periodicals | 423 | ||||
| Depreciation | 338 | 338 | |||
| 338 | 1,696 |
| 7 | ANALYSIS OF EXPENDITURE ON | ANALYSIS OF EXPENDITURE ON | CHARITABLE EVENTS | (Continued) | |
|---|---|---|---|---|---|
| 2021f | 2020 | ||||
| Governance | Costs: | ||||
| Independent | Examiners Fees | 1,450 | 1,350 | ||
| Other Accounting Services |
4,440 | 5,025 | |||
| Bank Charges | 110 | 96 | |||
| Filing Fees | 13 | 13 | |||
| 6,013 | 6,484 | ||||
| TOTAL FOR | CHARITABLE ACTIVITIES | 255,020 | 252,291 | ||
| 8 | STAFF COSTS AND NUMBERS | ||||
| Staff Costs were as follows: | |||||
| Salaries and Wages | 160,049 | 148,079 | |||
| Social Security Costs | 5,108 | 4,077 | |||
| Pension Costs - Deferred Contribution |
1,685 | 1,676 | |||
| 166,842 | 153,832 | ||||
| No employee | received emoluments | of more than f60,000. | |||
| The average | numbers ofand employees |
||||
| during the year were: | |||||
| No. | No. | ||||
| Employees: | Directors | ||||
| Office and Administration | 3 | ||||
| Facility Staff | 10 | ||||
| 12 | 13 |
| NET EXPEN | DITU | RE | F | OR THE YE | AR | ||||
|---|---|---|---|---|---|---|---|---|---|
| 2021 | 2020 | ||||||||
| 6 | 6 | ||||||||
| This is stated after | charging: | ||||||||
| Depreciation | 22,489 | 22,521 | |||||||
| Independent | Examiner's | Fee | 1,450 | 1,350 | |||||
| Other Accounting | Services | 4,440 | 5,025 | ||||||
| TANGIBLE FIXEDASSETS | |||||||||
| Equipment, | |||||||||
| Freehold | Fixtures | Total | |||||||
| Land and | and | Computer | Tangible | ||||||
| 6uildin | Fittings | Furnishin | s | Equipment | Assets | ||||
| COST | |||||||||
| At 1.1.21 | 1,567,337 | 281,421 | 70,366 | 25,661 | 1,944,765 | ||||
| Additions | 413 | 413 | |||||||
| Disposals | |||||||||
| At 31.12.21 | 1,567,337 | 281,421 | 70,366 | 26,074 | 1,945,198 | ||||
| DEPRECIATION | |||||||||
| At 1.1.21 | 303,192 | 271,310 | 55,329 | 24,889 | 654,720 | ||||
| Charge for the Year | 17,576 | 1,060 | 3,576 | 275 | 22,489 | ||||
| On Disposals | |||||||||
| At 31.12.21 | 320,768 | 272,370 | 58,907 | 25,164 | 677,209 | ||||
| NET BOOK | VALUE | ||||||||
| At 31.12.21 | 1,246,569 | 9,051 | 11,459 | 910 | 1,267,989 | ||||
| At 31.12.20 | 1,264,145 | 10,111 | 15,037 | 772 | 1,290,065 |
| Investment property |
Total |
|---|---|
| At Valuation: | |
| As at 1st January 2021 | 550,000 |
| Revaluation | (50,000) |
| Transfer to Current assets | ~500,000 |
| Market Value as at 31stDecember 2021 | |
| Market Value as at 31stDecember 2020 | 550,000 |
| 12 | DEBTORS | |||||
|---|---|---|---|---|---|---|
| 2021 | 2020 | |||||
| 6 | 6 | |||||
| Trade Debtors | 2,147 | 5,833 | ||||
| Other Debtors | 1,523 | 127 | ||||
| Prepayments | and Accrued | Income | 4,157 | 2,593 | ||
| 7,827 | 8,553 | |||||
| 13 | CREDITORS: | Amounts | Falling Due Within One Year | |||
| Bank loan | 10,000 | 1,667 | ||||
| Trade Creditors | 5,538 | 6,035 | ||||
| Accruals and | Deferred | Income | 65,348 | 31,750 | ||
| Taxation and | Social Security | 6,090 | 1,972 | |||
| Other Creditors | 14,664 | 13,311 | ||||
| 101,660 | 5'6,735 |
| 15 | MOVEMENT IN FUNDS |
MOVEMENT IN FUNDS |
||||||
|---|---|---|---|---|---|---|---|---|
| At | Incoming | Outgoing | At | |||||
| 01.01.21 f |
Resources f |
Resources | Revaluation 8 |
Transfer | 31.12.21 | |||
| Unrestricted Funds: |
||||||||
| Designated Funds: |
||||||||
| Special Funds Reserve | 5,909 | 5,909 | ||||||
| Fire Escape Fund | 2 000 | 2 000 | ||||||
| 7,909 | 7,909 | |||||||
| Unrestricted Funds: |
||||||||
| Fixed Assets | 1,290,065 | (22,076) | 1,267,989 | |||||
| Investment Reserve |
550,000 | (50,000) | 500,000 | |||||
| General Funds |
47,189 | 202,436 | 289,799 | 22,076 | 112,476) | |||
| 1,792,876 | 202,436 | (269,799 | (50,000) | 1,655,513 | ||||
| TOTAL FUNDS | 1,800,785 | 202,436 | (289,799) | (50,000) | 1,663,422 | |||
| Unrestricted Funds |
||||||||
| Fixed Assets: | ||||||||
| This represents the |
net book value offixed assets. | |||||||
| Investment Reserve: |
||||||||
| This represents the |
investment | property at Phoenix Park, Nottingham. |
||||||
| Special Funds Reserve: | ||||||||
| This Fund includerx | ||||||||
| SirAlbert Atkey and | EA Harvey | Bequests | 6682 | |||||
| The J N Derbyshire | Foundation | Fund | 65,227 | 65 909 |
| ANALYSIS OF NET | ASSETS BETWEE | N FUNDS | ||
|---|---|---|---|---|
| Unrestricted | Designated | |||
| Funds | Funds | Total | ||
| Fund Balances as at 31stDecember 2021 | ||||
| are represented by: |
||||
| Tangible Fixed Assets |
1,267,989 | 1,267,989 | ||
| Net Current Assets | 425,657 | 7,909 | (433,766) | |
| Creditors amount falling due after more |
||||
| than one year | 38,333) | 38,333 | ||
| 1,655,513 | 7,909 | 1,663,422 | ||
| Fund Balances as at 31stDecember | 2020 | |||
| are represented by: |
||||
| Tangible Fixed Assets |
1,290,065 | 1,290,065 | ||
| Investment property |
550,000 | 550,000 | ||
| Net Current Assets | 1,144 | 7,909 | 9,053 | |
| Creditors amount falling due after more |
||||
| than one year | (48,333) | 48,333) | ||
| 1,792,876 | 7,909 | 1,800,785 | ||
| RELATED PARTIES | ||||
| There are no related | party transactions | that require disclosure. | ||
| COMMITMENTS | ||||
| As at 31st December | 2021 the company | had commitments under |
non-cancellable | operating |
| leases: | ||||
| 2021 | 2020 | |||
| Plant and machinery | K | 6 | ||
| Payable within one year |
1,085 | 1,065 | ||
| Payable from one to five years | 723 | 1,809 | ||
| 1,808 | 2,894 |