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|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||||
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||||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.|
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||||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|
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|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|
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||||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|
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|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|
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|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|
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|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|1**8**55|
|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|
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||||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|
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|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|
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|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||
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|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|
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|||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|
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||||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|