| CONTENTS | PAGES | ||
|---|---|---|---|
| Trustees' Report |
1-4 | ||
| Independent | Examiner's | Report | |
| Statement of |
Financial | Activities | |
| Balance Sheet | |||
| Notes | 8- 11 |
| Holding | Trustees: | Trustees: | Mr C Dalton | -Chairman | |||||
|---|---|---|---|---|---|---|---|---|---|
| Mr M H Glew | - Deputy Chairman (Resigned |
19April 2020) | |||||||
| Mrs H Banks |
|||||||||
| Mr G Bell | |||||||||
| Mrs S Brant | |||||||||
| Mr H Glass | (Resigned | 6 November | 2020) | ||||||
| Mr T Leighton | |||||||||
| Mrs A Martinson | |||||||||
| Mr L Thornhill | |||||||||
| Mr JTower | (Resigned | 28 December | 2020) | ||||||
| Mr FC Verney | |||||||||
| Trustees | appointed | by the Town Council: | |||||||
| Howden | Town | Councillors: | Mrs EWard | ||||||
| Mr D Howard | (Appointed | 20 May 2021) | |||||||
| Mr CThackray | (Resigned | 15February 2021) | |||||||
| Howden | Town | representatives: | Ms EAshton | (Appointed | 20 May 2021) | ||||
| Mr D Beatty | (Appointed | 19January | 2021) | ||||||
| Ms K Dixon | |||||||||
| Ms K West | |||||||||
| TREASURER: | Mr JTower | (up to December 2020) | |||||||
| Mrs A Martinson | (from January | 2021) | |||||||
| ADDRESS: | c/o 5 Parsons Lane | ||||||||
| Howden | |||||||||
| Goole | |||||||||
| East Yorkshire | |||||||||
| DN14 7DH | |||||||||
| ADVISERS: | |||||||||
| Bankers | HSBC pic | ||||||||
| Wesley Square | |||||||||
| Goole | |||||||||
| DN14 5EZ | |||||||||
| Fund Managers | Investec | ||||||||
| Beech House | |||||||||
| 61 Napier Street | |||||||||
| Sheffield | |||||||||
| S11 BHA | |||||||||
| Accountants | Townends Accountants |
LLP | |||||||
| Chartered Accountants |
|||||||||
| Carlisle Street | |||||||||
| Goole | |||||||||
| DN14 5DX | |||||||||
| Independent | Examiner | A Walker FCA | |||||||
| 173A High Street | |||||||||
| Hook | |||||||||
| Goole | |||||||||
| East Yorkshire | |||||||||
| DN14 5PL |
| Unrestricted | Unrestricted | Restricted | Endowment | Total Funds | Total Funds | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| General | Designated | ||||||||||
| Funds | Funds | Funds | Funds | 2021 | 2020 | ||||||
| Note | E | E | E | E | E | E | |||||
| Income and endowments | from: | ||||||||||
| Donations and legacies | 2 | 40,352 | 78,249 | 118,601 | 108,245 | ||||||
| Income from charitable | activities | 2,763 | 2,763 | 7,109 | |||||||
| Income from other trading | activities | 3,492 | 3,492 | 5,878 | |||||||
| Investments | 3 | 10,040 | 10,040 | 14,840 | |||||||
| Total Income | 56,647 | 78,249 | 134,896 | 136,072 | |||||||
| Expenditure on: |
|||||||||||
| Charitable activities |
4 | 60,662 | 59,951 | 120,613 | 98,429 | ||||||
| Total Expenditure | 60,662 | 59,951 | 120,613 | 98,429 | |||||||
| Net Income/(expenditure) | for | the year | |||||||||
| before gains and losses on | Investments | ( 4,015) | 18,298 | 14,283 | 37,643 | ||||||
| Net gains/(losses) on investments |
52,862 | 52,862 | |||||||||
| Net income/(expenditure) before transfers |
for | the year | ( 4,015) | 18,298 | 52,862 | 67,145 | 37,643 | ||||
| Transfers between funds |
3,996 | ( | 3,996) | ||||||||
| Net movement in funds |
( 19) | ( | 3,996) | 18,298 | 52,862 | 67,145 | 37,643 | ||||
| Reconciliation of Funds |
|||||||||||
| Total Funds brought forward |
2,612 | 75,695 | 49,506 | 348,909 | 476,723 | 439,080 | |||||
| Total Funds carried forward | 13 | 2,593 | 71,699 | 67,804 | 401,771 | 543,868 | 476,723 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| Note | 5 | |||
| Fixed Assets | ||||
| Tangible assets | 890 | 890 | ||
| Investments | 359,045 | 329,067 | ||
| Current Assets | ||||
| Debtors | 3,939 | 329 | ||
| Cash at bank and in hand | 204,641 | 150,896 | ||
| Current Liabilities |
10 | ( 24 648) | ( 4,460) | |
| Net Assets | 12 | 543,868 | 476,722 | |
| Funds | ||||
| Permanent | endowment | 11 | 401,771 | 348,909 |
| Unrestricted | 13 | 74,292 | 78,307 | |
| Restricted | 13 | 67,804 | 49,506 | |
| Total Funds | 12 | 543,868 | 476,722 |
| Unrestricted | Restricted | Total Funds | Unrestricted | Restricted | Total Funds | |||
|---|---|---|---|---|---|---|---|---|
| Funds | Funds | 2021 | Funds | Funds | 2020 | |||
| E | E | E | E | F. | ||||
| Donations | 2,367 | 68,750 | 71,117 | 1,636 | 32,615 | 34,251 | ||
| Grants receivable | 37,985 | 9,499 | 47,484 | 25,000 | 48,994 | 73,994 | ||
| 40,352 | 78,249 | 118,601 | 26,636 | 81,609 | 108,245 | |||
| 3 | INVESTMENT INCOME | |||||||
| Unrestricted | Restricted | Total Funds | Unrestricted | Restricted | Total Funds | |||
| Funds | Funds | 2021 | Funds | Funds | 2020 | |||
| E | E | E | F. | F. | E | |||
| Bank interest | receivable | 79 | 79 | 184 | 184 | |||
| Dividends received |
9,961 | 9,961 | 14,656 | 14,656 | ||||
| 10,040 | 10,040 | 14,840 | 14,840 | |||||
| 4 | COSTS OF CHARITABLE ACTIVITIES | |||||||
| Unrestricted | Restricted | Total Funds | Unrestricted | Restricted | Total Funds | |||
| Funds | Funds | 2021 | Funds | Funds | 2020 | |||
| E | E | E | E | F. | f, | |||
| Direct costs: | ||||||||
| Wages Repairs 8, Renewals |
19,683 30,919 |
59,951 | 19,683 90,870 |
20,891 14,473 |
51,175 | 20,891 65,648 |
||
| Rates | 27 | 27 | 242 | 242 | ||||
| Insurance | 3,124 | 3,124 | 2,707 | 2,707 | ||||
| Light L Heat | 343 | 343 | 356 | 356 | ||||
| Support costs: Accountancy Professional fees |
1,800 4,309 |
1,800 4,309 |
1,800 5,210 |
1,800 5,210 |
||||
| Postage 8,Stationery Telephone Sundries |
6 451 |
6 451 |
182 15 1,378 |
182 15 1,378 |
||||
| 60,662 | 59,951 | 120,613 | 47,254 | 51,175 | 98,429 |
| YEAR ENDED 31 MAR | CH 2021 | ||
|---|---|---|---|
| 7 | TANGIBLE FIXED ASSETS | ||
| Garden | |||
| Land | |||
| E | |||
| COST | |||
| At 1 April 2020 and 31 March 2021 | 890 | ||
| 8 | INVESTMENTS | ||
| 2021 | 2020 | ||
| E | R | ||
| COST | |||
| At 1 April 2020 | 329,067 | 328,795 | |
| Additions | 179,582 | 73,285 | |
| Disposals | ( 149,604) | ( 73,0i3) | |
| At 31 March 2021 | 359,045 | 329,067 |
| Material Inves |
tment holdin |
tment holdin |
gs | ||||||
|---|---|---|---|---|---|---|---|---|---|
| The following | investments | represent | more than 5%oftotal cost of all investments: | Cost | |||||
| Holding | E | ||||||||
| Jupitor Ut Managers UK Special Situations Threadneedle Inves UK Equity Income L Vanguard Funds pic (SB,P500 Ucits) JPMorgan Am Uk Ltd Equity Core E Net Inc Liontrust Fund Par Special Situats Ins Inc |
22,598 14,969 685 41,850 5,185 |
23,447 18,284 25,514 21,948 21,960 |
|||||||
| Rlum Limited | RLSustnable | Ldrs Tst D | inc | 12,450 | 26,211 | ||||
| 9 | DEBTORS | 2021 | 2020 | ||||||
| E | E | ||||||||
| Other debtors | 2,321 | 329 | |||||||
| Prep ayments | 1,618 | ||||||||
| 3,939 | 329 | ||||||||
| 10 | CREDITORS: Amounts | falling due within | one year | 2021 | 2020 | ||||
| E | R | ||||||||
| Accruals and | deferred income | 24,648 | 4,460 | ||||||
| 24,648 | 4,460 | ||||||||
| 11 | ENDOWMENT | FUNDS | Opening | Incoming | Outgoing | Closing | |||
| Balances | 8 Transfers | S.Transfers | Balances | ||||||
| E | E | E | E | ||||||
| Permanent endowments |
348,909 | 52,862 | 401,771 |
| 12 | ANALYSIS OF NET ASS | ETS | ||||
|---|---|---|---|---|---|---|
| Tangible | Investments | Other | ||||
| fixed assets | net assets | Total | ||||
| Endowment funds |
890 | 359,045 | 41,836 | 401,771 | ||
| Unrestricted funds |
74,292 | 74,292 | ||||
| Restricted funds | 67,804 | 67,804 | ||||
| 890 | 359,045 | 183,932 | 543,867 | |||
| 13 | RESTRICTED FUNDS | Opening | Incoming | Outgoing | Closing | |
| Balances | 8 Transfers | &Transfers | Balances | |||
| E | E | E | ||||
| Equipment replacement MUGA/tennis |
5,389 1,212 |
499 | ( 5,389) | 499 1,212 |
||
| Tree maintenance | 1,997 | 4,000 | ( 5,176) | 821 | ||
| Benefactor capital projects | 32,168 | 68,750 | ( 38,982) | 61,936 | ||
| Treeton Road Gates | 3,000 | ( 3,000) | ||||
| CCTV | 8,740 | ( 7,404) | 1,336 | |||
| Table Tennis | 2,000 | 2,000 | ||||
| 49,506 | 78,249 | ( 59,951) | 67,804 | |||
| UNRESTRICTED FUNDS | Opening Balances |
Incoming B Transfers |
Outgoing I Transfers |
Closing Balances |
||
| Designated Reserves |
E | E | E | E | ||
| Equipment replacement |
3,000 | 450 | ( 195) | 3,255 | ||
| Maintenance and repair MUGA/Tennis |
4,700 975 |
4,700 975 |
||||
| Play scheme Tree maintenance |
3,886 479 |
( 1,135) ( 367) |
2,751 112 |
|||
| Hailgate entrance Multi-Gym Equipment Rosewalk/Jubilee |
522 | 585 1,604 |
585 1,604 522 |
|||
| Ashes Development Bowls Development |
Fund Fund |
61,733 400 |
3,884 | ( 8,822) | 56,795 400 |
|
| 75,695 | 6,523 | ( 10,519) | 71,699 | |||
| General Reserve |
2,612 | 56,647 | ( 56,666) | 2,593 | ||
| 78,307 | 63,170 | ( 67,185) | 74,292 |
| 2021 | 2020 |
|---|---|
| E | E |
| 1,800 | 1,800 |