2021-10-31-accounts - The Albrighton Trust Limited

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		Page
Reference and Administrative Details
Chairman's Report	2	to	3
Report ofthe Trustees	4	to	6
Report ofthe Independent Auditors	7	to	9
Statement ofFinancial Activities		10
Balance Sheet	11	to	12
Notes to the Financial Statements	13	to	25

TRUSTEES	PMurray (Chairman)
	A Kaplan
	SD KPemble
	Mrs LRatcliff
	GM Woodhouse
REGISTERED OFFICE	Blue House Lane
	Albrighton
	Wolverhampton
	West Midlands
	WV7 3FL
REGISTERED COMPANY	02548012 (England	and Wales)
NUMBER
REGISTEREDC~ ~ER	1000402
AUDITORS	Eden Currie Limited
	Chartered Accountants
	and Statutory Auditor
	2 Highlands Court
	Cranmore Avenue
	Solihull
	West Midlands
	B904LE
PATRON	The Right Honourable		Earl ofShrewsbuty
	and Talbot
FOUNDER &PRESIDENT	W Jokes

						2021	2020
				Unreslricted	Restricted	Total	Total
				funds	funds	funds	funds
			Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies			2	68,154		68,154	39,824
Charitable activities
Garden, site and ang)ing				27,983	81,070	109,053	94,063
Other trading activities			3	16,087		16,087	10,935
Investment income			4	3		3	5
Total				112,227	81,070	193,297	144,827
EXPENDITURE ON
Raising funds
Raising donations and	legacies			3,271		3,271	1,778
Other trading activities				2,277		2,277	3,082
				5,548		5,548	4,860
Charitable activities
Garden, site and angling				43,086	86,916	130,002	158,050
Total				48,634	86,916	135,550	162,910
NET INCOME/(EXPEND~)				63,593	(5,846)	57,747	(18,083)
Transfers between funds			19	(7,401)	7,401
Net movement in funds				56,192	1,555	57,747	(18,083)
RECONCILIATION	OF	FUNDS
Total funds brought	forward			118,224	51,739	169,963	188,046
TOTAL FUNDS CARRlED FORWARD				174,416	53,294	227,710	169,963
CONTINUING OPERATIONS
All income and expenditure		has arisen fiom	continuing	activities.

					2021	2020
				Notes	f	f
FIXEDASSETS
Tangible assets				14	258,323	271,163
CURRENT ASSETS
Debtors				15	2,446	934
Cash at bank and in hand					149,480	98,334
					151,926	99,268
CREDITORS
Amounts falling due		within one year		16	(21,619)	(30,025)
NET CURRENT ASSETS					130,307	69,243
TOTAL ASSETS	LESS		CURRENT
LIABILITIES					388,630	340,406
CREDITORS
Amounts falling due		afier	more than one
year				17	(160,920)	(170,443)
NET A.SSETS					227,710	169,963
FUNDS				19
Unrestricted funds:
General fund					129,928	71,745
Designated building		fund			44,487	46,479
					174,415	118,224
Restricted funds:
Woodcrafi					8,361	7,305
Access and vantage		points			23,796	27,761
Horticulture					8,823	5,294
The Lottery Community			Fund		1,780	2,610
Conservation and	Wildlife				2,428
Property, fixtures	and fittings				8,107	8,769
					53,295	51,739
TOTAL FUNDS					227,710	169,963

DONATIONS ANII LE	GACIES
		2021	2020
Donations		23,864	5,094
Grants		44,290	34,730
		68,154	39,824
Grants received, included	in the above, are as follows:
		2021	2020
Kitchen Refurbishment			9,500
Covid Grants		31,140	25,230
Other Grants		13,150
		44,290	34,730

3.	OTHER TRADING ACTIVITIES	OTHER TRADING ACTIVITIES
				2021	2020
	Henry Wong event				5,010
	Other fundraising			16,087	5,925
				16,087	10,935
4.	INVESTMENT INCOME
				2021	2020
	Deposit account interest			3	5
	INCOME FROM CHARITABLE		ACTIVITIES
				2021	2020
		Activity
	Donations	Garden,	site and angling	9,461	9,796
	Entrance fees	Garden,	site and angling	17,983	16,912
	Grants-The Lottery
	Community Fund	Garden,	site and angling	58,685	67,355
	Grants-Other	Garden	site and angling	22,924
				109,053	94,063
6.	RAISING DONATIONS AND LEGACIES
				2021	2020
	Support costs			3,271	1,778
7.	OTHER TRADING ACTIVITIES
				2021	2020
	Garden, site and angling			96	411
	Support costs			2,181	2,671
				2,277	3,082

										Support
									Direct	costs lace
									Costs	note 9)	Totals
											E
	Garden, site		and angling						108,192	21,810	130,002
9.	SUPPORT		COSTS
										Governance
									Management		Totals
	Raising donations			and legacies					2,512	759	3,271
	Other trading		activities						1,675	506	2,181
	Garden, site		and angling						16,748	5,062	21,810
									20,935	6,327	27,262
	Governance
	Acdvity					Basis of	allocation
	Management					Based on income
			costs			Based on income
	Support costs, included				in the	above, are as follows:
										2021	2020
						Raising
						donations	Other		Garden,
						and	trading		site and	Total	Total
						legacies	acbvmes		angW	activities	activities
	Insurance					746		497	4,973	6,216	6,605
	Light and	heat				364		243	2,427	3,034	4,391
	Telephone					62		42	419	523	581
	Sundries					1,340		893	8,929	11,162	4,942
	Auditors'	remuneration				655		437	4,371	5,463	4,866
	Accountancy		and	legal
	fees					104		69	691	864	864
						3471	2,	181	21,810	27,262	22,249

			2021	2020
Auditors'	remuneration		5,463	4,866
Depreciation —owned		assets	22,286	21,702
Deferred	income		(9,523)	(9,523)

STAF	F COSTS
		2021	2020
Wages	and salaries	66,937	65,077
Social	security costs	683	2,480
		67,620	67,557

2021	2020
3	3

COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
		Unrestricted	Restricted	Total
		funda	funda	funda
INCOME AND ENDOWMENTS FROM
Donations and legacies		30,324	9,500	39,824
Charitable activities
Garden, site and angling		41,708	52,355	94,063
Other trading activities		10,935		10,935
Investment income		5		5
Total		82,972	61,855	144,827
EXPENDITURE ON
Raising funds
Raising donations and legacies		1,778		1,778
Other trading activities		3,082		3,082
		4,860		4,860
Charitable activities
Garden, site and angling		57,890	100,160	158,050
Total		62,750	100,160	162,910
NET INCOME/(EXPENDITURE)		20,222	(38,305)	(18,083)
RECONCILIATION	OF FUNDS
Total funds brought forward		98,002	90,044	188,046
TOTAL FUNDS CARRIED
FORWARD		118,224	51,739	169,963

TANGIBLE FIXEDASSETS
			Access
		improvements	and
	Freehold	to	vantage
	land		pclllts
COST
At I November 2020	9,525	645,948	39,652
Additions
At 31October 2021	9,525	645,948	39,652
DEPRECIATION
At I November 2020		429,026	11,891
Charge for year		11,515	3,965
At 31October 2021		440,541	15,856
NET BOOKVALUE
At 31 October 2021	9,525	205,407	23,796
At 31 October 2020	9,525	216,922	27,761
		Woodcraft
	Fixtures	Workshop
	and	and
	fittings	Greenhouses	Totals
COST
At I November 2020	42,049	64,130	801,304
Additions	9,446		9,446
At 31October 2021	51,495	64,130	810,750
DEPRECIATION
At I November 2020	40,006	49,218	530,141
Charge for year	2,841	3,965	22,286
At 31 October 2021	42,847	53,183	552,427
NET BOOKVALUE
At 31 October 2021	8,648	10,947	258,323
At 31 October 2020	2,043	14,912	271,163

15.	DEBTORS:AMOUNTS FALLING	DEBTORS:AMOUNTS FALLING	DUE WITHIN ONE YEAR	DUE WITHIN ONE YEAR	DUE WITHIN ONE YEAR
						2021	2020
	Other debtors					2,033	530
	Prepayments					413	404
						2,446	934
16.	CREDITORS: AMOUNTS FALLING DUE~ONE				YEAR
						2021	2020
	Trade creditors					3,009	2,634
	Social security	and other taxes				986	695
	Accruals and deferred income					17,624	26,696
						21,619	30,025
17.	CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN					ONE YEAR
						2021	2020
	Accruals and deferred income					160,920	170,443
18.	ANALYSIS OFNET ASSETSBETWEEN FUNDS
						2021	2020
			Unrestricted	Restricted		Total	Total
							funds
	Fixed assets		217,399		40,924	258,323	271,163
	Current assets		127,310		24,616	151,926	99,268
	Current liabilities		(9,374)	(12,245)		(21,619)	(30,025)
	Long term liabilities		(160,920)			(160,920)	(170,443)
			174,415		53495	227,710	169,963

MOVEME	NT IN	FUN	DS
					Net	Transfers
				At	movement	between	At
				I/11/20		funds	31/10/21
Unrestricted	funds
General fund				71,745	65,584	(7,401)	129,928
Designated	building	fund		46,479	(1,992)		44,487
				118,224	63,592	(7,401)	174,415
Restricted funds
Woodcraft				7,305	1,056		8,361
Access and	vantage	points		27,761	(3,965)		23,796
Horticulture				5,294	(3,872)	7,401	8,823
The Lottery	Community		Fund	2,610	(830)		1,780
Conservation	and Wildlife				2,428		2,428
Property, fixtures and fittings				8,769	(662)		8,107
				51,739	(5,845)	7,401	53,295
TOTAL FUNDS				169,963	57,747		227,710

			Incommg	Resources	Movement
			resources	expended	m funds
UnrestricDat funds
General fund			112,227	(46,643)	65,584
Designated building	fund			(1,992)	(1,992)
			112,227	(48,635)	63,592
Restricted funds
Woodcraft			5,000	(3,944)	1,056
Access and vantage	points			(3,965)	(3,965)
Horticulture			15,379	(19,251)	(3,872)
The Lottery Community		Fund	48,684	(49,514)	(830)
Conservation and Wildlife			2,545	(117)	2,428
Property, fixtures and fittings				(662)	(662)
Angling Fund			9,462	(9,462)
			81,070	(86,915)	(5,845)
TOTAL FUNDS			193,297	(135,550)	57,747

					Net
				At	movement	At
				I/11/19	in funds	31/10/20
Unrestricted	funds
General fund				49,531	22,214	71,745
Designated	building	fund		48,471	(1,992)	46,479
				98,002	20,222	118/24
Restricted funds
Woodcraft				5,140	2,165	7,305
Access and	vantage	points		31,726	(3,965)	27,761
Horticulture				8,514	(3,220)	5,294
The Lottery	Community		Fund	3,690	(1,080)	2,610
Conservation	and Wildlife			5,000	(5,000)
Property, fixtures and fittings				35,974	(27,205)	8,769
				90,044	(38,305)	51,739
TOTAL FUNDS				188,046	(18,083)	169,963

					Incommg	Resources	Movement
					resources	expended	m funds
Unrestricted		funds
General fund					82,972	(60,758)	22,214
Designated	building		fund			(1,992)	(1,992)
					82,972	(62,750)	20,222
Restricted funds
Woodcraft					5,000	(2,835)	2,165
Access and	vantage		points			(3,965)	(3,965)
Horticulture						(3,220)	(3,220)
The Lottery		Community		Fund	47,355	(48,435)	(1,080)
Conservafion		and Wildlife				(5,000)	(5,000)
Property, fixtures and fittings					9,500	(36,705)	(27,205)
					61,855	(100,160)	(38,305)
TOTAL FUNDS					144,827	(162,910)	(18,083)

		2021	2020
Net book value ofBuilding	and site costs	205,407	216,922
Deferred income		(160,920)	(170,443)
		44,487	46,479