Charity registration number: 522610
Bishops Wood Village Hall
Annual Report and Financial Statements for the Year Ended 31 December 2020
Bishops Wood Village Hall
Contents
| Reference and Administrative Details | 1 |
|---|---|
| Trustees' Report | 2 to 4 |
| Independent Examiner's Report | 5 |
| Statement of Financial Activities | 6 |
| Balance Sheet | 7 |
| Notes to the Financial Statements | 8 to 18 |
Bishops Wood Village Hall
Reference and Administrative Details
Trustees Mr John Groom, Treasurer Mr Colin Wolverson, Deputy Chair/House Manager Mrs Mary Wolverson, Tuesday Drop In Representative Mr Beverley Cooper, Neighbourhood Watch Representative Mr Stuart Playford, School Representative Mrs Janet McIlvenna, W.I.Representative Mrs Carolyn Fewkes Mr Tony Sloane Mr Bill Oakley Mr Ian Tipper, Minutes Secretary Ms Elizabeth Sharp Mrs Rachel Glover, Parish Council Rep Principal Office 9 Tong Road Bishops Wood Stafford ST19 9AB Charity Registration Number 522610 Independent Examiner Daryl Denson ACMA VAST The Dudson Centre Hope Street Stoke on Trent Staffordshire ST1 5DD
Page 1
Bishops Wood Village Hall
Trustees' Report
The trustees present the annual report together with the financial statements of the charity for the year ended 31 December 2020.
Trustees
Mr Tim Webber, Chairman (resigned 25 October 2020) Mr John Groom, Treasurer Mr Colin Wolverson, Deputy Chair/House Manager Mrs Mary Wolverson, Tuesday Drop In Representative Mrs Karen Webber, Bookings Secretary (resigned 25 October 2020) Mr Beverley Cooper, Neighbourhood Watch Representative Mr Stuart Playford, School Representative Mrs Janet McIlvenna, W.I.Representative Mrs Carolyn Fewkes Mr Tony Sloane Mr Bill Oakley Mr Ian Tipper, Minutes Secretary Ms Elizabeth Sharp
Mrs Rachel Glover, Parish Council Rep (appointed 25 October 2020)
As ever my thanks go to all the trustees who have so willingly re committed themselves and given up their time in this difficult period.
A big thank you to our Bar Manager, Paul, his wife, Sue and his staff and to our cleaner Liz. Last but certainly not least our thanks go to the County, District and Parish Councils who support your hall with grants, donations and much appreciated advice especially during this very difficult year.
Objectives and activities
Objects and aims
The Trustees’ key objective is the provision of a safe, pleasant and well maintained venue for the benefit of the inhabitants of the village and surrounding area. It is provided without discrimination of sex, sexual orientation, age, disability, nationality, race, political or religious opinions.
Public benefit
The hall is used by a variety of village organisations and regular hirers to provide an array of different activities. It is used by the BWVH Management Committee for fundraising events.
The hall is also available for hire for private functions including children’s parties, wedding receptions, funeral teas and family parties.
The hall has a Premises Licence and employs a Bar Manager with a Personal Licence to sell alcohol at the hall bar.
Once the Hall can be brought back into full use, the above activities will continue.
The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
Page 2
Bishops Wood Village Hall
Trustees' Report
Achievements and performance
Village Hall Extension and Site Improvement
We were successful with our three funding bids securing £5,000 in May from the Garfield Weston Foundation, £10,000 in October from ACRE and £10,000 in January this year from the Lottery Commission. Our Buy a Brick Scheme was launched in September 2019 and raised around £1,500 so far and our thanks go to everyone who has donated.
We proposed to commence works in April 2020 with a targeted project completion in October 2020 also intending to carry out enhancements and improvements to the grounds and exterior during this period.As the pandemic continued this caused the time scales for contractors work to extend and will carry on into 2021.
Entertainment and fundraising
The sub committee of volunteers continued to oversee the organisation of village hall entertainment and aimed to provide a varied calendar of events for all age groups within the village.
However due to the present situation with lockdown many of the proposed events that were organised had to be cancelled for the foreseeable future.
Thanks to Stuart Playford and his committee members for organising the Halloween and Christmas party /Lights switch on in November while observing the government guidelines at that time with social distancing and use of face coverings just prior to the second lockdown.
Hall Bookings
These were suspended until further notice.
Hall Maintenance
As ever we always have various ongoing maintenance requirements, external cleaning, and other general items, such as hedge and tree cutting, these are all carried out as and when required, thanks to the few hardy volunteer’s that help out.
Our main ongoing project as mentioned above is for the extension to the kitchen and storeroom area, to bring additional storage space and an up to date catering facility, this work is continuing hopefully to be completed in early 2021.
Many thanks to Mr. B Oakley and his team who continue to oversee and organise this project Many thanks also to those volunteers who continue to provide new internal services and other works following on from the appointed building and fit out contractors.
Financial review
The financial results are shown on pages 6-18 of this report. Income £61,248 (2019:£44,880),Cash at Bank £35,699 (2019:£25,189)
£12,000 has been transferred to a dedicated building fund account after the year end.
We have endeavoured to reduce the amount of cash handling by encouraging hirers to pay directly into our bank through internet banking. We have also introduced a card reading service which has allowed bar customers to pay by debit or credit card. This has also proved successful.
We have been successful in securing grant funding and the monies received up to the year end date are included in the above figures.
Policy on reserves
Some money is earmarked for specific activities and as a capital fund. general reserves are maintained at a level to enable the village hall to continue to operate through any periods of unforseen reduced income and to carry out ongoing maintenance and repair work.
Page 3
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Bishops Wood Village Hall
Independent Examiner's Report to the trustees of Bishops Wood Village Hall
I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 December 2020 which are set out on pages 6 to 18.
Respective responsibilities of trustees and examiner
As the charity’s trustees of Bishops Wood Village Hall you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the Bishops Wood Village Hall's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner’s statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of Bishops Wood Village Hall as required by section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view' which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
...................................... Daryl Denson ACMA
VAST The Dudson Centre Hope Street Stoke on Trent Staffordshire ST1 5DD
11/06/2021 Date:.............................
Page 5
Bishops Wood Village Hall
Statement of Financial Activities for the Year Ended 31 December 2020
| Note Income and Endowments from: Donations and legacies 2 Charitable activities 3 Other trading activities 4 Other income 5 Total Income Expenditure on: Raising funds 6 Charitable activities 7 Total Expenditure Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward 19 Note Income and Endowments from: Donations and legacies 2 Charitable activities 3 Other trading activities 4 Other income 5 Total Income Expenditure on: Raising funds 6 Charitable activities 7 Total Expenditure Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward 19 |
Unrestricted funds £ 14,439 3,718 5,590 131 23,878 (4,239) (13,448) (17,687) 6,191 168,406 174,597 Unrestricted funds £ 3,031 13,421 27,286 1,142 44,880 (21,861) (16,110) (37,971) 6,909 161,497 168,406 |
Restricted funds £ 37,000 - - - 37,000 - - - 37,000 1,451 38,451 Restricted funds £ - - - - - - - - - 1,451 1,451 |
Total 2020 £ 51,439 3,718 5,590 131 |
|---|---|---|---|
| 60,878 | |||
| (4,239) (13,448) |
|||
| (17,687) | |||
| 43,191 169,857 |
|||
| 213,048 | |||
| Total 2019 £ 3,031 13,421 27,286 1,142 |
|||
| 44,880 | |||
| (21,861) (16,110) |
|||
| (37,971) | |||
| 6,909 162,948 |
|||
| 169,857 |
All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for both periods is shown in note 19.
The notes on pages 8 to 18 form an integral part of these financial statements. Page 6
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Bishops Wood Village Hall
Notes to the Financial Statements for the Year Ended 31 December 2020
1 Accounting policies
Statement of compliance
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) - (Charities SORP (FRS 102) (Second Edition)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
Basis of preparation
Bishops Wood Village Hall meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.
Going concern
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.
Income and endowments
Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.
Donations and legacies
Donations and legacies are recognised on a receivable basis when receipt is probable and the amount can be reliably measured.
Grants receivable
Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released.
Expenditure
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.
Raising funds
These are costs incurred in attracting voluntary income, the management of investments and those incurred in trading activities that raise funds.
Page 8
Bishops Wood Village Hall
Notes to the Financial Statements for the Year Ended 31 December 2020
Charitable activities
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
Support costs
Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, for example, allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.
Governance costs
These include the costs attributable to the charity’s compliance with constitutional and statutory requirements, including audit, strategic management and trustees’s meetings and reimbursed expenses.
Government grants
Government grants are recognised based on the accrual model and are measured at the fair value of the asset received or receivable. Grants are classified as relating either to revenue or to assets. Grants relating to revenue are recognised in income over the period in which the related costs are recognised. Grants relating to assets are recognised over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income.
Taxation
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
Tangible fixed assets
Individual fixed assets costing £500 or more are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation and amortisation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Asset class Depreciation method and rate Land and Buildings nil Fixtures & fittings 10% on cost Funiture & equipment 25% reducing balance
Stock
Stock is valued at the lower of cost and estimated selling price less costs to complete and sell, after due regard for obsolete and slow moving stocks. Cost is determined using the first-in, first-out (FIFO).
Page 9
Bishops Wood Village Hall
Notes to the Financial Statements for the Year Ended 31 December 2020
Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of is established when there is objective evidence that the will not be able to collect all amounts due according to the original terms of the receivables.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
Fund structure
Unrestricted income funds are general funds that are available for use at the trustees's discretion in furtherance of the objectives of the charity.
Designated funds are unrestricted funds set aside for specific purposes at the discretion of the trustees.
Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.
Page 10
Bishops Wood Village Hall
Notes to the Financial Statements for the Year Ended 31 December 2020
2 Income from donations and legacies
| Unrestricted funds Designated £ General £ Donations and legacies; Donations from individuals 1,470 89 Grants, including capital grants; Government grants - 12,880 Grants from other charities - - 1,470 12,969 Donations and legacies; Donations from individuals Grants, including capital grants; Government grants 3 Income from charitable activities Private functions Private regulars Village Hall functions Village organisations Private functions Private regulars Village Hall functions Elections |
Restricted funds £ - - 37,000 37,000 Unrestricted funds General £ 151 2,880 3,031 Unrestricted funds General £ 934 1,402 1,382 3,718 Unrestricted funds General £ 360 6,297 4,300 1,464 1,000 13,421 |
Total 2020 £ 1,559 12,880 37,000 |
|---|---|---|
| 51,439 | ||
| Total 2019 £ 151 2,880 |
||
| 3,031 | ||
| Total 2020 £ 934 1,402 1,382 |
||
| 3,718 | ||
| Total 2019 £ 360 6,297 4,300 1,464 1,000 |
||
| 13,421 |
Page 11
Bishops Wood Village Hall
Notes to the Financial Statements for the Year Ended 31 December 2020
4 Income from other trading activities
| Trading income; Sales of goods and services Local fundraising and street collection income Lotteries and competitions income Trading income; Sales of goods and services Events income; Other events income 5 Other income Buy a brick scheme Buy a brick scheme |
Unrestricted funds Designated £ General £ 100 4,884 - 30 - 576 100 5,490 Unrestricted funds Designated £ General £ 1,001 21,091 - 5,194 1,001 26,285 Unrestricted funds General £ 131 Unrestricted funds General £ 1,142 |
Total 2020 £ 4,984 30 576 |
|---|---|---|
| 5,590 | ||
| Total 2019 £ 22,092 5,194 |
||
| 27,286 | ||
| Total 2020 £ 131 |
||
| Total 2019 £ 1,142 |
Page 12
Bishops Wood Village Hall
Notes to the Financial Statements for the Year Ended 31 December 2020
6 Expenditure on raising funds
a) Costs of trading activities
| Costs of goods sold Allocated support costs Note Costs of goods sold Events and conferences Allocated support costs |
Unrestricted funds Note General £ 3,151 1,088 4,239 Unrestricted funds Designated £ General £ 781 11,126 - 4,394 - 5,560 781 21,080 |
Total 2020 £ 3,151 1,088 |
|---|---|---|
| 4,239 | ||
| Total 2019 £ 11,907 4,394 5,560 |
||
| 21,861 |
7 Expenditure on charitable activities
| Staff costs Gas & electricity Water, sewerage & refuse Insurance Repairs & maintenance Cleaning & consumables Telephone, stationery & postage Village Hall functions Independent examination Depreciation Professional fees and licences |
Activity undertaken directly £ 697 3,622 888 984 2,204 144 1,041 1,454 420 1,054 940 13,448 |
Total 2020 £ 697 3,622 888 984 2,204 144 1,041 1,454 420 1,054 940 |
|---|---|---|
| 13,448 |
Page 13
Bishops Wood Village Hall
Notes to the Financial Statements for the Year Ended 31 December 2020
| Staff costs Gas & electricity Water, sewerage & refuse Insurance Repairs & maintenance Cleaning & consumables Telephone, stationery & postage Village Hall functions Other sundry expenditure Independent examination Depreciation Professional fees and licences |
Activity undertaken directly £ 2,469 4,102 1,383 961 1,449 379 1,002 1,149 276 420 962 1,558 16,110 |
Total 2019 £ 2,469 4,102 1,383 961 1,449 379 1,002 1,149 276 420 962 1,558 |
|---|---|---|
| 16,110 |
£13,218 (2019 - £16,110) of the above expenditure was attributable to unrestricted funds and £Nil (2019 - £Nil) to restricted funds.
8 Analysis of governance and support costs
Governance costs
| Independent examiner fees Examination of the financial statements Independent examiner fees Examination of the financial statements |
Unrestricted funds General £ 420 420 Unrestricted funds General £ 420 420 |
Total 2020 £ 420 |
|---|---|---|
| 420 | ||
| Total 2019 £ 420 |
||
| 420 |
Page 14
Bishops Wood Village Hall
Notes to the Financial Statements for the Year Ended 31 December 2020
9 Government grants
During the period the charity received grants from the Brewood and Coven Parish Council of £2,880 (2019 £2,880) and a grant from South Staffs Council £10,000 (2019:nil) relating to the Small Busines Grant given to organisaitons during Covid 19.
The amount of grants recognised in the financial statements was £12,880 (2019 - £2,880). There were no unfulfilled conditions
The charity has received no other forms of government assistance
10 Net incoming/outgoing resources
Net incoming resources for the year include:
| Depreciation of fixed assets | 2020 £ 1,054 |
2019 £ 962 |
|---|---|---|
11 Trustees remuneration and expenses
No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.
No trustees have received any reimbursed expenses or any other benefits from the charity during the year.
12 Staff costs
The aggregate payroll costs were as follows:
| Staff costs during the year were: Wages and salaries |
2020 £ 697 |
2019 £ 2,469 |
|---|---|---|
No employee received emoluments of more than £60,000 during the year
13 Taxation
The charity is a registered charity and is therefore exempt from taxation.
Page 15
Bishops Wood Village Hall
Notes to the Financial Statements for the Year Ended 31 December 2020
14 Tangible fixed assets
| 14 Tangible fixed assets | |||||
|---|---|---|---|---|---|
| Cost At 1 January 2020 Additions At 31 December 2020 Depreciation At 1 January 2020 Charge for the year At 31 December 2020 Net book value At 31 December 2020 At 31 December 2019 15 Stock Stocks 16 Debtors Other debtors 17 Cash and cash equivalents Cash on hand Cash at bank 18 Creditors: amounts falling due within one year Trade creditors Accruals |
Land and buildings £ 137,710 35,453 |
Furniture and equipment £ 75,740 - 75,740 70,741 1,054 71,795 3,945 4,999 2020 £ 603 2020 £ 569 2020 £ 425 35,274 35,699 2020 £ 511 420 931 |
Total £ 213,450 35,453 248,903 70,741 1,054 71,795 177,108 142,709 2019 £ 3,102 |
||
| 173,163 | 75,740 | ||||
| - - |
70,741 1,054 |
||||
| - | 71,795 | ||||
| 173,163 | 3,945 | ||||
| 137,710 | 4,999 | ||||
| 2020 £ 603 2020 £ 569 2020 £ 425 35,274 35,699 2020 £ 511 420 931 |
|||||
| 2019 £ 517 |
|||||
| 2019 £ 415 24,774 |
|||||
| 25,189 | |||||
| 2019 £ 1,145 515 |
|||||
| 1,660 |
Page 16
Bishops Wood Village Hall
Notes to the Financial Statements for the Year Ended 31 December 2020
19 Funds
| Unrestricted funds General Management fund Designated Capital fund Bugle Neighbourhood Watch Emergency Fund Total unrestricted funds Restricted funds Healthy Living Village Hall Extension Total restricted funds Total funds Unrestricted funds General Management fund Designated Capital fund Bugle Total unrestricted funds Restricted Healthy Living Total funds |
Balance at 1 January 2020 £ Incoming resources £ Resources expended £ Transfers £ Balance at 31 December 2020 £ 27,926 22,678 (18,057) (10,000) 22,547 140,835 - - - 140,835 (355) 100 - - (255) - 1,470 - - 1,470 - - - 10,000 10,000 140,480 1,570 - 10,000 152,050 168,406 24,248 (18,057) - 174,597 1,451 - - - 1,451 - 37,000 - - 37,000 1,451 37,000 - - 38,451 169,857 61,248 (18,057) - 213,048 Balance at 1 January 2019 £ Incoming resources £ Resources expended £ Balance at 31 December 2019 £ 21,237 43,879 (37,190) 27,926 140,835 - - 140,835 (575) 1,001 (781) (355) 140,260 1,001 (781) 140,480 161,497 44,880 (37,971) 168,406 1,451 - - 1,451 162,948 44,880 (37,971) 169,857 |
Balance at 1 January 2020 £ Incoming resources £ Resources expended £ Transfers £ Balance at 31 December 2020 £ 27,926 22,678 (18,057) (10,000) 22,547 140,835 - - - 140,835 (355) 100 - - (255) - 1,470 - - 1,470 - - - 10,000 10,000 140,480 1,570 - 10,000 152,050 168,406 24,248 (18,057) - 174,597 1,451 - - - 1,451 - 37,000 - - 37,000 1,451 37,000 - - 38,451 169,857 61,248 (18,057) - 213,048 Balance at 1 January 2019 £ Incoming resources £ Resources expended £ Balance at 31 December 2019 £ 21,237 43,879 (37,190) 27,926 140,835 - - 140,835 (575) 1,001 (781) (355) 140,260 1,001 (781) 140,480 161,497 44,880 (37,971) 168,406 1,451 - - 1,451 162,948 44,880 (37,971) 169,857 |
Balance at 31 December 2020 £ 22,547 140,835 (255) 1,470 10,000 |
|---|---|---|---|
| 152,050 | |||
| 174,597 | |||
| 1,451 37,000 |
|||
| 38,451 | |||
| 213,048 | |||
| 140,480 | |||
| 168,406 1,451 |
|||
| 169,857 |
Page 17
Bishops Wood Village Hall
Notes to the Financial Statements for the Year Ended 31 December 2020
The specific purposes for which the funds are to be applied are as follows:
The capital fund is held to cover the cost of capitalised assets and is released to general reserves in line with the depreciation policies applied.
The Bugle fund is to support the running of the Parish Magazine.
The Neighbourhood Watch fund is to facilitate people getting together with their neighbours to take action to reduce crime.
The Emergency Fund is to provide for unforseen eventualities.
The Healthy Living fund is for the promotion of healthy living in the village.
From time to time other funds are earmarked for specific purposes in the following year. No such allocation was required at 31 December 2019.
The funds for the extension to the hall are from the following funders:
Main Grants £10,000 Garfield Weston Foundation £5,000 Parish Council £4,000 ACRE £10,000 Cranford Developments £4,000 St Philips Care Caledonia Ltd £4,000
20 Analysis of net assets between funds
| Tangible fixed assets Current assets Current liabilities Total net assets Tangible fixed assets Current assets Current liabilities Total net assets |
Unrestricted funds General £ Designated £ 820 140,835 22,403 11,470 (676) (255) 22,547 152,050 Unrestricted funds General £ Designated £ 1,874 140,835 27,357 - (1,305) (355) 27,926 140,480 |
Restricted funds £ 35,453 2,998 - 38,451 Restricted funds £ - 1,451 - 1,451 |
Total funds at 31 December 2020 £ 177,108 36,871 (931) |
|---|---|---|---|
| 213,048 | |||
| Total funds at 31 December 2019 £ 142,709 28,808 (1,660) |
|||
| 169,857 |
21 Related party transactions
There were no related party transactions in the year.
Page 18