## ## ## |||||Page| |---|---|---|---|---| |Reference and administrative||details ofthe Charity, Its Trustees|and advisers|| |Trustees'
report||||2-4| |Trustees'
responsibilities
statement||||| |Independent
auditors'|report|on the financial statements||6-9| |Statement offinancial|activities|||10| |Balance sheet||||| |Statement ofcash flows||||12| |Notes to the financial|statements|||13-26| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||||Unrestricted|Total|Total| |---|---|---|---|---|---|---|---|---| |||||||funds|funds|funds| |||||||2021|2021|2020| ||||||Note|6||8| |Income from:||||||||| |Donations
and government||||grants|3|60,973|60,973|60,000| |Investments|||||4|679,925|679,925|842,492| |Other income|||||5|8,497|8,497|9,851| |Total income||||||749,395|749,395|712,343| |Expenditure
on:||||||||| |Charitable
activities||||||2,514,549|2,514,549|' 1,531,103| |Total expenditure||||||2,514,549|2,514,549|1,531,103| |Net expenditure||before taxation||||(1,765,154)|(1,765,154)|(818,780)| |Taxation||||||(171)|(171)|(432)| |Net movement|in funds before other recognised|||||||| |gains||||||(1,765,325)|(1,765,325)|(819,192)| |Other recognised|||gains:|||||| |Gains on revaluation|||offixed assets|||100,000|100,000|158,676| |Net movement|In funds|||||(1,665,325)|(1,665,325)|(880,516)| |Reconciliation|offunds:|||||||| |Total funds
brought|||forward|||22,601,368|22,601,368|23,261,884| |Net movement|in|funds||||(1,665,325)|(1,665,325)|(880,516)| |Total funds carried forward||||||20,936,043|20,936,043|22,601,368| ## ## ## ||||2021|2020| |---|---|---|---|---| ||||F.|| |Cash flows from operating|activities|||| |Net cash used
in operating|activities||(665,362)|(571,255)| |Change
In cash and cash|equivalents
in|the year|(655,362)|(671,266)| |Cash and cash equivalents|at the beginning|ofthe year|5,489,846|5,161,112| |Cash and cash equivalents|at the end of|the year|4,834,484|5,489,84S| |The notes on pages 13to 26 form part ofthese financial statements||||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||Unrestricted|Total|Total| |---|---|---|---| ||funds|funds|funds| ||2021f|2021|2020f| |Rents received|582,804|682,804|397,552| |Provision of rent free premises|97,121|97,121|219,284| |Interest received|||25,656| ||679,925|679,926|642,492| ## |||Unrestricted|Total|Total| |---|---|---|---|---| |||funds|funds|funds| |||2021f|2021f|2020f| |Insurance|recharge|8,497|8,497|9,850| ## ||Activities||| |---|---|---|---| ||undertaken|Support|Total| ||directly|costs|funds| ||2021f|2021f|2021f| |Expenditure|2,470,096|44,453|2,514,549| ||Activities||| ||underteken|Support|Total| ||direct/y|costs|funds| ||2020|2020f|2020| |Expenditure|1,367,144|163,959|1,531,103| ## ## |||||Total|Total| |---|---|---|---|---|---| |||||funds|funds| |||||2021|2020| |||||6|| |Monetary|gifts and donations|||2,009,508|711,665| |Cost of providing||rent free premises||97,121|219,284| |Utilities||||56,664|24,900| |Rent||||53,688|60,000| |Insurance||||37,297|20,860| |Legal and|professional|||27,209|22,136| |Property|repairs and grounds||maintenance|19,566|39,529| |Other property costs||||6,897|62| |Business|rates|||6,572|79,956| |Motor expenses||||1,468|1,511| |Bad debt|expense||||4,866| |Printing
and reproduction|||||34| |Depreciation||||154,116|182,341| |||||2,470,096|1,367,144| |AnalysLs|ofsupport costs||||| ||||Total|Total| |---|---|---|---|---| ||||funds|funds| ||||2021|2020| ||||6|| |Legal and professional|||32,328|38,232| |Stat costs|||6,020|19,714| |Governance|costs||5,946|5,655| |General expenses|||158|184| |Bank charges|||1|97| |Accommodation,||meals and travel||77| |Stock impairment||||100,000| ||||44,453|163,959| ## ## ## |||||||2021|2020| |---|---|---|---|---|---|---|---| |||||||E|| |Fees payable|to the Charity's|auditor||for the audit ofthe Charity's|annual||| |accounts|||||||4,232| |Fees payable|to the Charity's|auditor||in respect of:|||| |All non-audit|services not included||above|||1,779|1,423| ## |Staff costs||||||| |---|---|---|---|---|---|---| ||||||2021|2020| |||||||E| |Wages and|salaries||||5,905|19,166| |Social security costs||||||97| |Contribution|to defined contribution||pension|schemes|115|451| ||||||6,020|I9,714| |The average|number|of persons employed||by the Charity|during the year was as follows:|| ||||||2021|2020| ||||||No.|No.| ## ## ## ## ## ||Freehold|Plant and|Motor|Fixtures and|| |---|---|---|---|---|---| ||property
f|machinery
f|vehicles
f|fittings
f|Total| |Cost or valuation|||||| |At1 May 2020|7,386,099|130,216|313,290|714,765|8,544,370| |Additions||||7,000|7,000| |Disposals|(617,245)||||(617,245)| |At 30April 2021|6,768,854|130,216|313,290|721,765|7,934,125| |Depreciation|||||| |At1 May 2020|2,086,099|130,141|241,964|713,065|3,171,269| |Charge for the year|132,723|75|18,433|2,885|154,116| |On disposals|(67,245)||||(67,245)| |At 30April 2021|2,151,577|130,216|260,397|715,950|3,258,140| |Net book value|||||| |At 30April 2021|4,617,277||62,893|5,815|4,676,985| |At 30April 2020|5,300,000|75|71,326|1,700|5,373, 101| ## ## ## ## ## ## |2021|2020| |---|---| |6|| |3,900,000|3,725,000| ## |||2021|2020| |---|---|---|---| |||6|| |Due within one year|||| |Trade debtors||67,106|5,881| |Other debtors||3,680|3,580| |Prepayments|and accrued income|134,182|103,221| |||204,868|112,682| ## ## ## ## ||||||||2021f|2020f| |---|---|---|---|---|---|---|---|---| |Trade creditors|||||||45,818|16,335| |Other creditors|||||||3,525|3,525| |Accruals|and deferred|||income|||44,951|44,400| ||||||||94,294|64,260| ||||||||2021f|2020f| |Deferred|income at||1 May||2020||39,161|39,151| |Resources deferred|||during||the year||39,151|39,151| |Amounts|released|from previous||||periods|(39,151)|(39,151)| ||||||||39,151|39,151| ## |Stateme|nt of|funds - current year||||||| |---|---|---|---|---|---|---|---|---| |||||||||Balance at| |||Balance at 1|||||Gains)|30April| |||May 2020
f|Income
f|Expenditure|f|Taxation
F.|(Losses)
f|2021| |Unrestricted||||||||| |funds||||||||| |General|Funds|22,601,368|749,395|(2,514,549)||(171)|100,000|20,936,043| |Statement of||funds - prior year||||||| |||Beiance at|||||Gains'|Balance at| |||1 Mey 2019f|income
f|Expenditure|f|Taxation|(Losses)|30Aprii 2020f| |Unrestricted||||||||| |funds||||||||| |General|Funds|23,261,884|712,343|(1,531,103)||(432)|158,676|22,601,3S8| ## ## ## |Summary|of|funds - current year||||||| |---|---|---|---|---|---|---|---|---| |||||||||Balance at| |||Balance at 1|||||Gains/|30April| |||May 2020|Income|Expenditure||Taxation|(Losses)|2021| |||E|F.||E|E|E|F.| |General funds||22,601,368|749,395|(2,514,549)||(171)|100,000|20,936,043| |Summary|of|funds - prior year||||||| |||Balance at|||||Gains/|Balance at| |||1 May 2019f|Income
E|Expenditure|f|Taxation
E|(Losses)
f|30April 2020
E| |General funds||23,261,884|712,343|(1,531,103)||(432)|158,675|22,601,368| ## |||Unrestricted|Total| |---|---|---|---| |||funds|funds| |||2021|2021| |||E|E| |Tangible fixed assets||4,675,985|4,675,985| |Investment|property|7,415,000|7,415,000| |Current assets||8,939,352|8,939,352| |Creditors|due within one year|(94,294)|(94,294)| |Total||20,936,043|20,936,043| ## ||||||||2021|2020| |---|---|---|---|---|---|---|---|---| ||||||||8|| ||Net expenditure
for the year|||(as per Statement|of Financial Activities)||(1,765,325)|(819,192)| ||Adjustments|for:||||||| ||Depreciation|charges|||||154,115|182,340| ||Loss on the|transfer|offixed|assets|||550,000|| ||Decrease
in|stocks|||||475,000|| ||Decrease/(increase)||in debtors||||(92,186)|12,916| ||Increase/(decrease)||in creditors||||30,034|(147,330)| ||Stock impairment|||||||100,000| ||Purchase
of|fixed assets|||||(7,000)|| ||Net cash used
in operating|||activities|||(655,362)|(671,266)| |19.|Analysis
of|cash and cash||equivalents||||| ||||||||2021
8|2020f| ||Cash
in hand||||||4,834,484|5,489,846| ||Total cash and cash equivalents||||||4,834,484|5,489,846| |20.|Analysis of|changes|in net|debt||||| ||||||At 1|May||At 30April| |||||||2020|Cash flows|2021| |||||||8|6|| ||Cash at bank|and in hand|||5,489,846||(655,362)|4,834,484| ||||||5,489,846||(655,362)|4,834,484| ## ## ## ## ## |Operating
lease commi|Operating
lease commi|tment|s||||||| |---|---|---|---|---|---|---|---|---|---| |At 30 April
2021 the||total|of the|Charity's|future|minimum|lease|receipts
under
non-cancellable|| |operating|leases was as|follows:|||||||| |||||||||2021f|2020| |Not later than
1 year||||||||559,610|495,500| |Later than|1 year and not later||than 5years|||||2,336,867|2,111,875| |Later than|5years|||||||2,548,792|2,931,708| |||||||||5,444,269|5,539,083| ## ##