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|FOR THK YEAR EN|DED 31|DECEMB|ER2021|||||
|---|---|---|---|---|---|---|---|
|||||||31.12.21|31.12.20|
||||Unrestricted|Restricted|Endowment|Total|Total|
|||Notes|funds
I|fundsI|fund
f|funds
f|fundsf|
|INCOME AND||||||||
|ENDOWMENTS FROM||||||||
|Investment
income||2|309,551|||309,551|368,692|
|EXPENDITURE ON||||||||
|Raising funds||3|171,650|||171,650|249,021|
|Charitable
activities||||||||
|Educational
grants|||22,897|||22,897|18,750|
|Extra statf costs|||65,288|||65,288|91,000|
|Other grants|||16,313|||16,313|16,094|
|Other|||25,386|||25,386|24,404|
|Total|||301,534|||301,534|399,269|
|NET||||||||
|liVCOME/(EXPENDITURE)|||8,017|||8,017|(30,577)|
|RECONCILIATION|OF|||||||
|FUNDS||||||||
|Total funds brought forward|||587,407|2,832,357|4,708,716|8,128,480|8,159,057|
|TOTAL FUNDS CARRIED||||||||
|FORWARD|||595,424|2,832,357|4,708,716|8,136,497|8,128,480|
##
##
||||||31.12.21|31.12.20|
|---|---|---|---|---|---|---|
|||Unrestricted|Restricted|Endowment|Total|Total|
||Notes|funds
f.|fundsI|fund
f|funds|funds
f,|
|FIXEDASSETS|||||||
|Tangible
assets|8|225,000|2,832,357||3,057,357|3,057,357|
|Investment
property|9|||4,700,000|4,700,000|4,700,000|
|||225,000|2,832,357|4,700,000|7,757,357|7,757,357|
|CURRENT ASSETS|||||||
|Debtors|10|110,357|||110,357|73,200|
|Investments|11|256,443||8,716|265,159|263,815|
|Cash at bank||64,049|66,214|~|130,263|151,500|
|||430,849|66,214|8,716|505,779|488,515|
|CREDITORS|||||||
|Amounts
falling due within one|||||||
|year|12|(60,425)|(66,214)||(126,639)|(117,392)|
|NET CURRENT ASSETS||370,424||8,716|379,140|371,123|
|TOTAL ASSETSLESS|||||||
|CURRENT LIABILITIES||595,424|2,832,357|4,708,716|8,136,497|8,128,480|
|NKT ASSETS||595,424|2,832,357|4,708,716|8,136,497|8,128,480|
##
|FUNDS|13|||
|---|---|---|---|
|Unrestricted
funds:||||
|General fund||292,928|284,911|
|New School||225,000|225,000|
|1-5Flitcroll Street development||77,496|77,496|
|||595424|587407|
|Restricted funds:||||
|New School||2,832,357|2,832,357|
|Endowment
funds:||||
|London Properties, Old School|and Buildings|4,708,716|4,708,716|
|TOTAL FUNDS||8,136,497|8,128,480|
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|INVESTMENT|INCOME|||
|---|---|---|---|
|||31.12.21|31.12.20|
|||f.||
|Rents receivable||260,287|299,516|
|Other pmperty|income|47,833|66,609|
|Deposit account|interest|1,431|2,567|
|||309,551|368,692|
##
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##
|Investment|management|costs|||
|---|---|---|---|---|
||||31.12.21|31.12.20|
|Bad debts|||7,596|33,067|
|Insurance
premiums|||13,227|12,110|
|Agents fees|||13,740|23,184|
|Electricity and gas|||1,336|1,247|
|Cleaning|||8,651|16,365|
|Repairs and|maintenance||113,734|119,333|
|Professional|fees||13,366|43,715|
||||171,650|249,021|
|GRANTS PAYABLE|||||
||||31.12.21|31.12.20|
|Educational|grants||22,897|18,750|
|Extra staff costs|||65,288|91,000|
|Other grants|||16,313|16,094|
||||104,498|125,844|
##
|The total grants payable
to in|stitutions|during the year was as fol|lows:|||||
|---|---|---|---|---|---|---|---|
|||||31.12.21||31.12.20||
|Institution||||Number|I|Number||
|Nottingham
Hoods Basketball Club||||I|1,000|I|1,000|
|Wilford Lions Football Club||||I|58|I|94|
|WYCS Wilford Community|Group|||I|15,000|I|15,000|
|4th Wilford Brownies||||1|255|||
|||||4|16,313|3|16,094|
|||||31.12.21||31.12.20||
|||||Number|f,|Number||
|Individuals||||37|22,897|31|18,750|
|AUDITORS' REMUNERATION||||||||
||||||31.12.21||31.12.20|
||||||f.||f.|
|Fees payable to the charity's|auditors|for the audit ofthe charity's|financial|||||
|statements|||||2,050||2,050|
|Other non-audit
services|||||6,450||6,050|
|Total fees payable|||||8,500||8,100|
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##
|STAFF COSTS|STAFF COSTS|||||||
|---|---|---|---|---|---|---|---|
|The average
monthly||number of employees||during|the year was as follows:|||
|||||||31.12.21|31.12.20|
|Number ofemployees||||||I|I|
|No employees|received emoluments||in excess ofF60,000.|||||
|TANGIBLE|FIXED|ASSETS||||||
||||||||Wilford|
||||||||New|
||||||||School &|
||||||||Buildings
I|
|COST||||||||
|At I January|2021 and 31December||2021||||3,057,357|
|NKT BOOK|VALUE|||||||
|At 31December 2021|||||||3,057,357|
|At 31 December 2020|||||||3,057,357|
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||||||||Annual|
|---|---|---|---|---|---|---|---|
|Property|Tenants|||||Term ofLease|Rental|
|I/5 Flitcroft Street|My Beautiful City Ltd|||||I1,000per month on a|12,000|
|||||||Tenancy at Will
from||
|||||||13.12.17||
|6Flitcroft Street||||||||
|Basement &Ground|Paul McAneary||Architects Ltd|||15years &om 20.08 09|585|
|Floor||||||(terminated
06.01.21)||
|1st Floor|Gulbenkian|Andonian||Solicitors Ltd||5 years from 15.06.20|38,325|
|2nd Floor|Just Add Water||Management||Ltd|10years from 01.02.10|4,164|
|||||||(terminated
26.01.21)||
|3rd Floor|Design Consultancy|||Ltd||15years from 13.05.11|34,000|
|8Flitcroft Street||||||||
|1st Floor|Bad Wolf|||||5 years from 13.11.18|65,295|
|2nd Floor|lan Johnson Publicity|||Ltd||10years from 24.12.12|49,350|
|Ground, 3rd and 4th|A Bunn (Pixelate Imaging Ltd)|||||15years from 24.06.12|57,500|
|Floors||||||||
|||||||Compensation|(25,692)|
|110AMain Road,|Hey Baby|4D||||3 years from 07.10.2020|5,891|
|Wilford, Nottingham||||||||
|110BMain Road,|Leisure Management|||Technology||3 years from 04.06.18|3,125|
|Wilford, Nottingham||||||(terminated
04.06.21)||
||JCrossley|||||6 months
from|2,613|
|||||||17.09.21monthly
rolling||
|||||||therea0er||
|The New School|Transform|Trust||||125years from 17.07.12fnil||
|The Old School|WYCS|||||9years fmm 01.03.1684,000|15,000|
|||||||p.a.,increasing to||
|||||||f7,500 from 19.09.16to||
|||||||28.09.17increasing
to||
|||||||f.15,000 pxc to 28.09.21||
|||||||Accrued rent re discounted|(1,869)|
|||||||period||
||||||||260,287|
##
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##
|10.|DEBTORS:|AMO|UNTS FALLING DUK WITHI|N ONK YEAR|||
|---|---|---|---|---|---|---|
||||||31.12.21|31.12.20|
||Trade debtors||||101,785|63,826|
||Other debtors||||800|1,404|
||VAT||||7,772|7,970|
||||||110,357|73,200|
|11.|CURRENT ASSETINVESTMENTS||||||
||||||31.12.21|31.12.20|
||||||f|f|
||Cash held on|deposit|||265,159|263,815|
|12.|CREDITORS: AMOUNTS FALLING DUK WITHIN ONK YEAR||||||
||||||31.12.21|31.12.20|
||Trade creditors||||38,178|25,577|
||Social security and||other taxes|||209|
||Other creditors||||69,964|82,030|
||Accruals and|deferred income|||18,497|9,576|
||||||126,639|117,392|
|13.|MOVEMENT IN||FUNDS||||
||||||Net||
||||||movement|At|
|||||At 1.1.21|in funds|31.12.21|
|||||f,|f.||
||Uarestricted|funds|||||
||General
fund|||284,911|8,017|292,928|
||New School|||225,000||225,000|
||1-5Flitcrolt Street||development|77,496||77,496|
|||||587,407|8,017|595,424|
||Restricted
funds||||||
||New School|||2,832,357||2,832,357|
||Endowment|funds|||||
||London Properties,||Old School and||||
||Buildings|||4,708,716||4,708,716|
||TOTAL FUNDS|||8,128,480|8,017|8,136,497|
##
##
||||||Incoming|Resources|Movement|
|---|---|---|---|---|---|---|---|
||||||resources|expended|in funds|
||||||f.|||
|Unrestricted|funds|||||||
|General fund|||||309,551|(301,534)|8,017|
|TOTAL FUNDS|||||309,551|(301,534)|8,017|
|Comparatives|for|movement||ia fuads||||
|||||||Net||
|||||||movement|At|
||||||At 1.1.20|in funds|31.12.20|
||||||f|f|f|
|Unrestricted|fuads|||||||
|General fund|||||307,861|(22,950)|284,911|
|New School|||||225,000||225,000|
|1-5Flitcroii Street development|||||85,123|(7,627)|77,496|
||||||617,984|(30,577)|587,407|
|Restricted
funds||||||||
|New School|||||2,832,357||2,832,357|
|Endowment|funds|||||||
|London Properties,||Old School||and||||
|Buildings|||||4,708,716||4,708,716|
|TOTALFUNDS|||||8,159,057|(30,577)|8,128,480|
|Comparative|net movement||in|funds, included|in the above are as follows:|||
||||||Incoming|Resources|Movement|
||||||resources|expended|in funds|
|Unrestricted|funds|||||||
|General fund|||||368,692|(391,642)|(22,950)|
|1-5Flitcroii Street||development||||(7,627)|(7,627)|
||||||368,692|(399,269)|(30,577)|
|TOTAL FUNDS|||||368,692|(399,269)|(30,577)|
##
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##
|||||||Net|||
|---|---|---|---|---|---|---|---|---|
||||||movement||At||
|||||At 1.1.20|in funds||31.12.21||
|||||f||f,|f||
|Unrestricted|funds||||||||
|General fund||||307,861|(14,933)||292,928||
|New School||||225,000|||225,000||
|1-5Flitcroil|Street development|||85,123||(7,627)|77,496||
|||||617,984|(22,560)||595,424||
|Restricted
funds|||||||||
|New School||||2,832,357|||2,832,357||
|Endowment|funds||||||||
|London Properties, Old School and|||||||||
|Buildings||||4,708,716|||4,708,716||
|TOTALFUNDS||||8,159,057|(22,560)||8,136,497||
|A current
year 12 months||and prior year 12 months|combined|net movement|in funds,|included|in the above|are|
|as follows:|||||||||
|||Incoming|Resources|Movement|
|---|---|---|---|---|
|||resources|expended|in funds|
||||f,||
|Unrestricted|funds||||
|General fund||678,243|(693,176)|(14,933)|
|1-5Flitcroil|Street development||(7,627)|(7,627)|
|||678,243|(700,803)|(22,560)|
|TOTALFUNDS||678,243|(700,803)|(22,560)|
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