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|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)|
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||||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.|||
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|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|
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|||||||||
|---|---|---|---|---|---|---|---|
|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|
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|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|
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|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|
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|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|
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|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|
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|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|
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|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|
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