2021-03-31-accounts

Registration	Registration	Numbers	Charity Number 702325	Charity Number 702325
			Company Number 02433540
Council			Mr. P.Smith (Vice Chair)(resigned 1"April 21)
			Mrs. L. Scanlan (Chair)
			Mrs. J.Kent
			Mr. K.Slowther
			Mr P Carling
			Mr. G. Hicks (appointed		18'"May 20)
			Mr. G.Roberts (appointed			18'"May 20)
Secretary			Mr. P. Carling
CEO			Mr R.Wood
Registered		Office	53St Lukes Terrace
			Pallion
			Sunderland
			SR4 BNF
Bankers			Barclays Bank pic
			53 Fawcett Street
			Sunderland
			SR11RS
Independent		Examiner	Mr P.N Newbold	BFP FCA
			Torgersens
			Somerford Buildings
			Norfolk Street
			Sunderland
			SR1 1EE
Honorary	Solicitors		Mr. P.W.Taylor
			McKenzle Bell
			47John Street
			Sunderland
			SR11QU

			Unrestricted	Restricted	Total	Total
			Fund	Fund	Fund	Fund
		Notes			2021	Z0Z0
Income					E	E
Donations and legacies Other trading activities Investment income Income from charitable activities Other income			422 55 1,090 156,411 1,550	2,000 11,232	2,422 55 1,090 167,643 1,550	17,336 8,619 2,201 85,799 5,500
Total Income			~159528	~13232	~172760	119455
Expenditure
Expenditure on raising funds Expenditure on charitable activities Net losses/(profits) on investments		9 10 13	18,055 156,827 (2,694)		18,055 156,827 (2,694)	41,601 169,847 5,414
Net Income/(Expenditure)			(12,660)	13,232	572	(97,407)
Transfers between funds
Net Movement in Funds			(12,660)	13232	572	(97,407)
Total funds brought forward		19 - 20	67,135	25,312	92,447	189,854
Total funds carried forward		19- 20	~4475	38548	~919	~92447
The charitable company has no recognised		gains or losses	other than the	results for the year as set out		above.

			Notes		2021	2020
					6	6
Fixed Assets
Tangible fixed assets Investments			14 15		19,256 30,582	18,945 47,888
Current Assets					49,838	66,833
Stocks Debtors Investments	—deposits		16 17	1,447 51,563 2		1,447 48,853 2
Cash at bank				13,139
Cash in hand				1		31
					66,152	50,333
Creditors: Amounts		falling due within one year	18		~22 971	24719
Net Current	Assets				43,181	25,614
					93019	~944
Financed by:
Unrestricted reserve Restricted reserve			19 20		54,475 38,544	67,135 25,312
					~19	~447

4	Donations and Legacies	Unrestricted	Restricted		Unrestricted
		Fund	Fund	2021	2020
		6	6		6
	Membership income Other donations received Gift Aid Barbour Foundation Rath(ay Trust	300 1,918 (1,796)	2,000	300 1,918 (1,796) 2,000	1,995 10,976 1,865 1,500 1,000
		422	2 000	~22	17336

			Unrestricted	Unrestricted	Unrestricted	Restricted		Unrestricted
	Other trading activities				Fund	Fund	2021	2020
					E	E	E	E
	Fundraising events Charity shop income				32 23		32 23	4,087 4,532
							55	8619
			Unrestricted			Restricted		Unrestricted
	Income from Investments				Fund	Fund	2021	2020
					E	E		E
	Dividends -equities Interest on cash deposits				1,090		1,090	2,179 22
							1090	2 220.
	Income from Charitable		Unrestricted			Restricted		Unrestricted
	Activities				Fund	Fund	2021	2020
						E	E	E
	Resource Centre income Rehabilitation services for beneficiaries Grants for specific activities Covid Grants				41 35,012 29,270 92,088	4,842 6,390	41 35,012 34,112 98,478	5,244 34,424 24,400
					~141	1112	~14	~48
During the year the following grants		were spent:
	D'Oyly Carte FoundationE3,	500 Restricted Telephone		Befriending		Support
	Sunderland City Council E6,390Restricted Centre for			Sight Prelect
In the prior year unrestricted income was E64,068 and			restricted		income was E21,731,
8	Other Income		Unrestricted			Restricted		Unrestricted
					Fund	Fund	2021	2020
					E	E	E	E
	Sundry income Other rental income				1,550		1,550	2,091 3,409
					1 50		155	~55
9	Expenditure on raising		Unrestricted			Restricted		Unrestricted
	funds				Fund	Fund	2021	2020
					E	E	E	E
	Charitable shop expenditure Fundraising staff costs	(incl staff)			3,304 14,751		3,304 14,751	24,133 17,468
				~155			~8055	41601

10	Expenditure on			Unrestricted	Restricted		Unrestricted
	Charitable activities			Fund	Fund	2020	2D19
				E	E	E	6
	Services and support to beneficiaries
	Resource Centre costs			1,867		1,867	6,687
	Development ofservice costs			51,175		51,175	42,074
	Staff travel expenses			198		198	2,228
	Volunteer expenses			1,050		1,050	1,774
	Sight loss rehab staff costs			24,656		24,656	25,820
	Sundry charitable expenses			11,316		11,316	16,918
				90,262		90,262	95,501
	Management and administration		ofcharity
	Staff costs			12,374		12,374	13,949
	Rent			24,997		24,997	25,000
	Rates and water			342		342	3,096
	Light and heat			1,052		1,052	3,491
	Insurance			3,241		3,241	2,752
	Repairs and maintenance			160		160	1,133
	Telephone and postage			5,331		5,331	5,238
	Printing and stationery			1,976		1,976	5,443
	Computer costs			10,473		10,473	5,748
	Sundry expenses			330		330	1,391
	Advertising						305
	Legal and professional	fees		1,146		1,146	2,514
	Accountancy fees			3,015		3,015	2,620
	Depreciation			2,123		2,123	1,636
	Loss on disposal offixed assets
	8ank charges						30
				~15682		156827	~17

Staff Costs		Unrestricted	Restricted		Unrestricted
		Fund	Fund	2021	2020
The cost ofemploying	staff:	6	6	6	6
Wages and salaries Social security costs Pension costs		100,129 3,801 1,150		100,129 3,801 1,150	103,916 3,971 2,154
		105080	-	105080	~1100

The total employee benefits ofthe key	The total employee benefits ofthe key	management	personnel	ofthe charity were 638,824	(2020:	643,700).
Realised Gains	Ik Losses on Investment	Assets		2021		2020
Gains/(Losses)	on Sale/Reorganisation	of Investments		~2	6	6 ~14

14	Tangible Fixed Assets	Tangible Fixed Assets
						Office
				Computer	Fixtures &	Equipment
				Web Design	Fittings	&Furniture	Total
	Cost or Valuation
	At 1April 2020			22 331	1,280	55,208	78,819
	Additions					2,434	2,434
	At 31March 2021						~2
	Depreciation
	At 1April 2020			7,928	256	51,690	59,874
	Charge for year				128	1,995	2,123
	At31March 2021			7 928	384	~53 68	~61997
	Net Book Value
	At 31March 2021			1 40			~12 6
	At 31March 2020					~3518	1855
15	Investments					2021	2020
	Quoted UK Investments					E	E
	Market value
	At 1April 2020					47,888	58,302
	Additions
	Disposals					(20,000)	(5,000)
	Surplus on revaluation	at31March 2021				2,694	(5,414)
	Market value at 31March 2021
						2020	2020
						E	E
	Historical cost at 31March 2021					~32 135	~54 343
	UK listed investments	are represented	by:			2021	2020
						E	E
	Investment trusts and	unit trusts				~30582	47 888

			6
Aviva investors Strategic Bond	Fund		2,861	9
Artemis High income Fund Class Strategic Bond Fund YIncome		Ml	4,606 3,028	15 10
BMO MM Navigation Distributor		C Inc.	4,402	15
BMO Responsible UK Income Fund 2 inc.			4,073	13
Unicorn UK Income Fund 8 Inc,			4,681	15
Standard Life Global Absolute	Return Strategy P1		3,623	12
Aviva Investors Property Feeder		inc Fund Class 2	3,308	11
Debtors			2021	2020
			6	6
Other debtors and prepayments			51,563	48,853
			1563	~48 853
Investments - Deposits			2021	2020
			6	6
Barclays Business Base Rate Tracker			=2	=2
Creditors-Amounts falling due		within one year	2021	2020
			6	6
Bank overdraft				18
Other taxes and social security Other creditors Pensions			4,101 14,721 4,149	4,417 16,992 3,292
			297	~24 71

for th	e year ended 31March 202	e year ended 31March 202	1
19	Unrestricted Reserves
	Movement in the Unrestricted		Reserves	is as follows:
				Balance				Balance
				at	Incoming	Outgoing		at
				01.04.20	Resources	Resources	Transfer	31.03.21
	Designated reserves
	Other designated	reserves
	Capital fund			28,945		(2,123)	(7,566)	19,256
	Purchase fund			109,796			(109,796)
	Holiday Fund
	Total designated	reserves		138,741		(2,123)	(117,362)	19,256
	General funds
	Accumulated surplus Total unrestricted funds			(71,606) 67135	159,528 ~8	(170,065) (~12188	117,362	35,219 54475
				Balance				Balance
				at	Incoming	Outgoing		at
				01.04.19	Resources	Resources	Revaluation	31.03.20
	Designated reserves
	Other designated	reserves
	Capital fund			6,181	24,400	(1,636)		28,945
	Purchase fund			109,796				109,796
	Holiday Fund			398			(398)
	Total designated	reserves		116,375	24,400	(1,636)	(398)	138,741
	General funds
	Accumulated surplus			70,404	71,824	(214,312)	478	(71,606)
	Total unrestricted	funds		186779	~24	~215948	80	67135

Movement	in t	he Restricted Rese	rves is as follows:
			Balance				Balance
			at	Incoming	Outgoing		at
			01.04.20	Resources	Resources	Transfer	31.03.21
Restricted	reserves
Equipment		purchases	25,312	13,232			38,544
Tenpin	bowling
Total restricted		reserves	~25	13232
			Balance				Balance
			at	Incoming	Outgoing		at
			01.04.19	Resources	Resources	Revaluation	31,03.20
Restricted	reserves
Equipment	purchases		3,075	22,500	(263)		25,312
Tenpin	bowling			731	(651)	(80)
Total restricted		reserves	~30	23 231	~	~80

Commitments under Ope AsLessee	rating Leases
			2021	2020
			f	f
The total future minimum	lease payments	payable underoperating	leases are as follows:-
Not later 1year Later than 1year and not Greaterthan 5years	later than 5 years		27,920 103,685 200,000	27,920 106,605 225,000
			~33160	~35 525

		Unrestricted	Restricted	Balance	Unrestricted	Restricted	Balance
		Income	Income	at	Income	Income	at
Tangible fixed assets Investments Current assets Current liabilities		Fund 19,256 30,582 16,289 (22,974)	Fund 49,863	31.03.21 19,256 30,582 66,152 (22,974)	Fund 18,945 47,888 4,202 (24,719)	Fund 46,131	31.03.20 18,945 47,888 50,333 (24,719)
		~31	~463	~01	~4631	~131	~947

			Purchased	Disposed	Profit/		Market	Market
		Cost at 1.4.20	during Year	of during Year	(loss) on Disposal	Cost at 31.3.21	Value at 31.3.21	Value at 31.3.20
		6	6	6	6	6	f.	6
Investment Trusts
Artemis High	Income
Fund Mi
Distribution	Units	8,946		(4,096)		4,850	4,606	7,630
Fidelity Strategic Bond		Fund
YIncome Units		5,038		(2,199)		2,839	3,028	5,149
BMO MM Navigator
Distribution C
Income Units		9,134		(3,981)		5,153	4,402	7,038
BMO Responsible
UK Income
Fund 2		7,490		(3,306)		4,184	4,073	6,659
Unicorn UK Income
Fund 8		8,544		(3,807)		4,737	4,681	6,817
SLInv. Global	Absolute
Return Strategy		5,913		(2,586)		3,327	3,623	5,986
Aviva Investors	Strategic
Bond Fund
Income Units		5,110		(2,233)		2,877	2,861	4,863
Aviva Property	Feeder
Inc Fund Class	2
Income Units		4,168				4,168	3,308	3,746
		~543		~22 208	-	~32 13	3050L2	~88