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2021-03-31-accounts

Page
Company Information 1to2
Chairman's Report
Report of the Directors 4to 11
Report of the Independent
Auditors		 12to 14
Statement of Financial Activities 15
Statement of Financial Position 16to 17
Statement ofCash Flows 18
Notes to the Financial Statements 19to 26
Detailed Statement
of		 Financial Activities 27

for the Year En ded 31 March 2021
Unrestricted Restricted Total Total
Notes funds
E		 funds fundsf funds
2021 2021 2021 2020
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 290,939 293,649 584,588 472,509
Charitable
activities		 15,812 15,812 105,896
Service level agreements 741,636 741,636 776,587
Other income 62,249 62,249 10,110
Investment
income		 52,418 52,418 57,714
Total 1,163,054 293,649 1,456,703 1,422,816
EXPENDITURE ON
Charitable
activities		 1,087,527 174,168 1,261,695 1,269,661
Support expenditure 75,527 75,527 69,170
Total 1,163,054 174,168 1,337,222 1,338,831
NET INCOMING
RESOURCES		 BEFORE 119,481 119,481 83,985
INESTMENT GAINS
Net gains/(losses)
on investments		 554,595 554,595 (227,810)
Net incoming/(outgoing) resources 554,595 119,481 674,076 (143,825)
Transfers
between
funds
Net movement
in funds		 554,595 119,481 674,076 (143,825)
Total funds brought
forward		 1 April 4,084,361 38,888 '},123,249 4,267,074
TOTAL FUNDS CARRIED FORWARD 4,638,956 158,369 4,797,325 4,123,249
Statement of Financial Statement of Financial Position
At 31 March 2021
Unrestricted Restricted Total Total
funds funds funds funds
F E F
2021 2021 2021 2020
FIXEDASSETS
Investments 11 2,562,290 123,248 2,685,538 2,142,509
Tangible fixed assets 12 1,835,684 35,121 1,870,805 'I,916,354
4,397,974 158,369 4,556,343 4,058,863
CURRENT ASSETS
Inventories 410 410 339
Debtors 13 103,037 103,037 133,097
Cash at bank 251,721 251,721 66,586
355,168 355,168 200,022
CREDITORS
Amounts
falling due within one		 14 114,186 114,186 135,636
year
NET CURRENT ASSETS 240,982 240,982 64,386
TOTAL ASSETS LESSCURRENT 4,638,956 158,369 4,797,325 4,123,249
LIABILITIES
FUNDS 15
Unrestricted
funds		 4,638,956 4,084,361
Restricted funds 158,369 38,888
TOTAL FUNDS 4,797,325 4,123,249

Statement ofCash Flows Statement ofCash Flows
for the Year Ended 31 March 2021
2021 2020
F
Cash flows from operating
activities:
Net incoming
/ (outgoing) for the year		 674,076 (143,825)
Depreciation
oftangible assets		 88,574 88,871
Revaluation
of investments		 (418,346) 227,501
Loss on disposal offixed assets 4,553
(Profit)/loss
on disposal of investments		 (68,125) 309
Investment
income received		 (52,418) (57,714)
Decrease
in receivables		 30,060 14,739
(Increase) / decrease
in inventories		 (71) 1,053
(Decrease)
/ increase
in amounts		 payable (21,450) 11,860
Net cash flow from operating
activities		 236,853 142,794
Cash flows from investing
activities:
Proceeds from sale of investments 371,571 53,441
Purchase
oftangible fixed assets		 (47,578) (351,722)
Purchase
of investments		 (413,494) (101,290)
Investment
income received		 52,418 57,714
Net cash used
in investing
activities		 ~37,083) ~341,887)
Net increase/(decrease)
in cash		 and cash equivalents 199,770 (199,063)
Cash and cash equivalents
at the		 beginning
ofthe reporting
period		 222,564 421,627
Cash and cash equivalents
at the		 end ofthe reporting period 422,334 222,564

2021 2020
'E E
Donations 550,164 413,355
Legacies 17,500 42,860
Tax recoverable on Gift Aid 16,924 16,294
584,588 472,509

INVESTME NT INCOME
2021 2020
P
Investment income and interest received 52,418 57,714
INCOME FROM CHARITABLE ACTIVITIES
2021 2020
Activity
Contract income Service level agreements (mainly 741,636 776,587
Surrey County Council)
Other income Parental and other income 46,270 10,110
Government grants Job Retention Scheme 15,979
803,885 786,697

Support
Direct costs costs Totals
(See note 6)
Service level agreements 1,052,678 75,527 1,128,205
Fundraising wages 161,693 161,693
Event expenses 16,991 16,991
Fundraising administrative expenses 25,469 25,469
Other 4,864 4,864
1,261,695 75,527 1,337,222

SUPPORT COSTS
2021 2020
F F
Governance —audit fees 4,920 5,100
Other 70,607 64,070
75,527 69,170

2021 2020
4,920 5,100

STAFF COSTS
2021 2020
F
Wages and salaries 929,041 840,776
Social security costs 77,661 71,703
Other pension costs 36,100 33,480
1,042,802 945,959
2021 2020
Average monthly
number ofemployees		 during the year 45 44

Unrestricted Restricted Total
funds funds funds
F
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 256,115 216,394 472,509
Charitable
activities		 105,896 105,896
Service level agreements 776,587 776,587
Other income 10,110 10,110
Investment
income		 57 714 57 714
Total 1,206,422 216,394 1,422,816
EXPENDITURE ON
Charitable
activities		 771,257 498,404 1,269,661
Support expenditure 69 170 69 170
840 427 498404 1338831
NET INCOMING(OUTGOING) RESOURCES 365,995 (282,010) 83,985
Net (losses)/gains
on investments
Transfers
between
funds		 (227,810)
~111847		 111847 (227,810)
Net movement
in funds		 26,338 (170,163) (143,825)
Total funds brought
forward		 1 April 2019 4,058,023 209,051 4,267,074
TOTAL FUNOS CARRIED FORWARO 31 March 2020 4084 361 38 888 4 123 249

2021 2020
F
Listed Investments
Opening
market value		 1,986,531 2,166,492
Less: Disposals at opening book value
(Proceeds: f371,571 gain: f68,125) (303,446) (53,750)
Add: Acquisitions
at cost
Net gains/(losses)
on revaluation		 413,494
418,348		 101,290
~227,501)
Closing market value 2,514,925 1,986,531
Unlisted
Investments
Broker dealing accounts 170,613 155,978
2,685,538 2,142,509
Listed Investments
Historical cost 1,460,011 1,578,956

TANGIBLE FIXEDASSETS
Freehold Motor Fixtures 8
Property Vehiclesf Fittings
'E		 Totals
F
COST
At 1 April 2020 2,323,292 84,769 422,206 2,830,267
Additions
Disposals		 32,968 14,610
~57,531)		 47,578
~57,531)
At 31 March 2021 2,356,260 84,769 379,285 2,820,314
DEPRECIATION
At 1 April 2020 536,799 60,269 316,845 913,913
Charge for the year
Released
on disposal		 48,948 12,250 27,376
~52,978		 88,574
~52,978)
At 31 March 2021 585,747 72,519 291,243 949,509
NET BOOK VALUE
At 31 March 2021 1,770,513 12,250 88,042 1,870,805
At 31 March 2020 1,786,493 24,500 105,361 1,916,354

DEBTORS
2021
E		 2020f
Amounts
falling due within		 one year:
Trade debtors 61,088 95,451
Prepayments
and accrued income		 41,949 37,646
103,037 133,097
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
F
Trade and other creditors 52,458 44,627
Social security and other taxes 19,568 19,586
Accruals and deferred income 42,160 71,423
114,186 135,636
MOVEMENT
IN FUNDS
Net
movement
in
At 1.4.20 funds At 31.3.21
F 'E
Unrestricted
funds
General fund 2,865,045 554,595 3,419,640
Designated
Strategic		 Expenditure Fund 1,219,316 1,219,316
4,084,361 554,595 4,638,956
Restricted funds
Laundry
and Linen
Independence
Bathroom		 15,867 15,867
Specialist Equipment 500 2,660 3,160
Children's
Entertainment		 and Activities 13,024 13,024
Bursaries 852 852
Mini bus and associated running costs 5,052 5,239 10,291
Hoists 2,220 (840) 1,380
Playroom
Project		 26,020 26,020
Garden Project 24,234 24,234
Roof repairs 2,116 2,488 4,604
Welfare and COVID-19 appeals 27,364 27,364
Happy Circus 4,000 4,000
Sponsored
visits		 25,000 1,273 26,273
Household 1,300 1,300
38,888 119,481 158,369
TOTAL FUNDS 4,123,249 674,076 4,797,325

Net movem ent in funds, included in the above are as follows:
Incoming Resources Movement
in
resources expended/ funds
transferred
E
Unrestricted funds
General fund 1,717,649 (1,163,054) 554,595
Designated Strategic Expenditure Fund
1,717,649 ~1,163,054 554,595
Restricted funds
Laundry 8 Linen 429 (429)
Independence Bathroom 17,000 (1,133) 15,867
Children's Entertainment and Activities 30,499 (17,475) 13,024
Specialist Equipment 3,039 (379) 2,660
Bursaries 10,000 (9,148) 852
Mini bus and associated running costs 10,000 (4,761) 5,239
Hoists (840) (840)
Playroom Project 26,120 (100) 26,020
Garden Project 24,234 24,234
Roof 3,000 (512) 2,488
Welfare and COVID-19 appeals 87,453 (60,089) 27,364
Happy Circus
Sponsored
Household		 visits 80,250
1,625		 (78,977)
~325)		 1,273
1,300
293,649 ~174,168) 119,481
2,011,298 ~1,337,222) 674,076