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Company Limited by Guarantee
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Company Limited by Guarantee
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Financial Statements
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Pages
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Trustees' annual report (incorporating the directors' report)
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1 to 3
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Independent examiner's report to the trustees
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4
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Statement of financial activities (including income and expenditure account)
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5
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Statement of financial position
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6 to 7
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Statement of cash flows
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8
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Notes to the financial statements
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9 to 16
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Company Limited by Guarantee
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Trustees' Annual Report (Incorporating the Directors' Report)
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Registered charity name
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Charity registration number
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Company registration number
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Principal office and registered
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The Hub
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office
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Proact Stadium
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Sheffield Road
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Chesterfield
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S41 8NZ
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(Appointed
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Independent examiner
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102 Saltergate
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Chesterfield
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S40 1NE
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Trustee
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Company Limited by Guarantee
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Independent Examiner's Report to the Trustees
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Company Limited by Guarantee
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Statement of Financial Activities
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(including income and expenditure account)
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2020
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2019
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Unrestricted funds
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Total funds
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Total funds
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Note
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£
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£
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£
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Donations and legacies
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5
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Charitable activities
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6
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Other trading activities
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7
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Total income
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Costs of raising donations and legacies
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8
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640
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640
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389
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Expenditure on charitable activities
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9,10
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Total expenditure
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Net expenditure and net movement in funds
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(
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(
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(
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Total funds brought forward
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Total funds carried forward
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Company Limited by Guarantee
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Statement of Financial Position
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2020
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2019
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Note
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£
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£
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£
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Tangible fixed assets
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15
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Debtors
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16
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Cash at bank and in hand
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---------
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Creditors: amounts falling due within one year
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18
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Net current liabilities
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Total assets less current liabilities
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Creditors: amounts falling due after more than one year
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19
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Other provisions
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20
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Net assets
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Revaluation reserve
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Other unrestricted income funds
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204,761
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260,166
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Total unrestricted funds
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Total charity funds
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22
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Company Limited by Guarantee
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Statement of Financial Position (continued)
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Trustee
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Company Limited by Guarantee
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Statement of Cash Flows
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2020
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2019
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Note
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£
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£
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Net expenditure
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(55,405)
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(22,392)
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Adjustments for:
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Depreciation of tangible fixed assets
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Interest payable and similar charges
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Accrued (income)/expenses
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(
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Changes in:
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Trade and other debtors
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(
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(
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Trade and other creditors
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--------
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--------
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Cash generated from operations
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Interest paid
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(
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(
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--------
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--------
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Net cash (used in)/from operating activities
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(
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--------
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--------
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Purchase of tangible assets
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–
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(
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--------
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--------
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Net cash used in investing activities
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–
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(
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--------
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--------
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Proceeds from borrowings
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(
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Payments of finance lease liabilities
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–
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(
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--------
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--------
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Net cash from/(used in) financing activities
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(
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--------
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--------
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Net increase/(decrease) in cash and cash equivalents
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(
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Cash and cash equivalents at beginning of year
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(7,845)
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24,824
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-------
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Cash and cash equivalents at end of year
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17
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(
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(
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-------
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Company Limited by Guarantee
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Notes to the Financial Statements
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Fixtures and fittings
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-
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Unrestricted Funds
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Total Funds 2020
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Unrestricted Funds
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Total Funds 2019
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£
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£
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£
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£
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Sponsorship & Donations
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9,018
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9,018
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11,017
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11,017
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Donation Memorial Garden
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1,095
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1,095
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1,147
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1,147
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Revenue Grants
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120,444
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120,444
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133,268
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133,268
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FLT Core Grant Income
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26,250
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26,250
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–
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–
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---------
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---------
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Unrestricted Funds
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Total Funds 2020
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Unrestricted Funds
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Total Funds 2019
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£
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£
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£
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£
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Income from Training
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181,222
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181,222
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206,170
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206,170
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Income from Activities & fund raising
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200,408
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200,408
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320,146
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320,146
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---------
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Unrestricted Funds
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Total Funds 2020
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Unrestricted Funds
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Total Funds 2019
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£
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£
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£
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£
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Income from Tenants
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89,033
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89,033
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98,373
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98,373
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Emerging Talent
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22,455
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22,455
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33,222
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33,222
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CJRS Grants
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103,059
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103,059
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–
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–
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Unrestricted Funds
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Total Funds 2020
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Unrestricted Funds
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Total Funds 2019
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£
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£
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£
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£
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Costs of raising donations and legacies - Donations
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640
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640
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389
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389
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----
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----
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----
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----
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Unrestricted Funds
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Total Funds 2020
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Unrestricted Funds
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Total Funds 2019
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£
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£
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£
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£
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Training and tutoring
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212,360
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212,360
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154,331
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154,331
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Activities and fundraising
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539,273
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539,273
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585,499
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585,499
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Support costs
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56,116
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56,116
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85,516
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85,516
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---------
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---------
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Activities undertaken directly
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Support costs
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Total funds 2020
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Total fund 2019
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£
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£
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£
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£
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Training and tutoring
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212,360
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–
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212,360
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154,331
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Activities and fundraising
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539,273
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–
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539,273
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585,499
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Governance costs
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–
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56,116
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56,116
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85,516
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---------
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--------
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---------
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---------
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--------
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2020
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2019
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£
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£
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Depreciation of tangible fixed assets
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22,554
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39,707
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--------
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--------
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2020
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2019
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£
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£
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Independent examination of the financial statements
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4,220
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4,100
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-------
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-------
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2020
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2019
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£
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£
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Wages and salaries
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---------
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2020
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2019
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No.
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No.
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Number of other staff
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54
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53
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----
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----
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Land and buildings
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Fixtures and fittings
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Total
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£
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£
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£
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Cost
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At 1 July 2019 and 30 June 2020
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------------
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Depreciation
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At 1 July 2019
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–
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Charge for the year
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–
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------------
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---------
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------------
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At 30 June 2020
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–
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------------
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Carrying amount
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At 30 June 2020
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------------
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At 30 June 2019
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------------
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2020
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2019
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£
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£
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Trade debtors
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Prepayments and accrued income
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Other debtors
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---------
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---------
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---------
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---------
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2020
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2019
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£
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£
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Cash at bank and in hand
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Bank overdrafts
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(
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(
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-------
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-------
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(
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(
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-------
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-------
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2020
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2019
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£
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£
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Bank loans and overdrafts
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Trade creditors
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Accruals and deferred income
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Social security and other taxes
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Other creditors
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---------
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---------
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---------
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---------
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2020
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2019
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£
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£
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Bank loans and overdrafts
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Other creditors
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------------
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------------
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------------
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Onerous contracts
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£
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At 1 July 2019 and 30 June 2020
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--------
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At 1 July 2019
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Income
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Expenditure
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At 30 June 2020
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£
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£
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£
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£
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General funds
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260,166
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752,984
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(808,389)
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204,761
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Revaluation reserve
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312,787
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–
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–
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312,787
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---------
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---------
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---------
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---------
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572,953
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752,984
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(808,389)
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517,548
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---------
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---------
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---------
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---------
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At 1 July 2018
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Income
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Expenditure
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At 30 June 2019
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£
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£
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£
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£
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General funds
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282,558
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803,343
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(825,735)
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260,166
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Revaluation reserve
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312,787
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–
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–
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312,787
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---------
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---------
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---------
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---------
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595,345
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803,343
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(825,735)
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572,953
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---------
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---------
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---------
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---------
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Unrestricted Funds
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Total Funds 2020
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£
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£
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Tangible fixed assets
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1,727,739
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1,727,739
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Current assets
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127,636
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127,636
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Creditors less than 1 year
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(162,636)
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(162,636)
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Creditors greater than 1 year
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(1,160,191)
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(1,160,191)
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Provisions
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(15,000)
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(15,000)
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------------
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Net assets
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517,548
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517,548
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------------
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Unrestricted Funds
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Total Funds 2019
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£
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£
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Tangible fixed assets
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1,750,293
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1,750,293
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Current assets
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103,065
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103,065
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Creditors less than 1 year
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(126,832)
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(126,832)
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Creditors greater than 1 year
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(1,138,573)
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(1,138,573)
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Provisions
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(15,000)
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(15,000)
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------------
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------------
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Net assets
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572,953
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572,953
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------------
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------------
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At 1 Jul 2019
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Cash flows
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At 30 Jun 2020
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|
£
|
£
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£
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Cash at bank and in hand
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|
474
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Bank overdrafts
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(9,340)
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2,560
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(6,780)
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Debt due within one year
|
(32,526)
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(4,103)
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(36,629)
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Debt due after one year
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(554,763)
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(21,618)
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(576,381)
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---------
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--------
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---------
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(
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(
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(
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---------
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--------
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---------
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