2021-03-31-accounts - Cuerden Valley Park Trust

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	FO	R THE YE	AR ENDED 31	MARCH 20	21
			Endowment	Unrest-	Rest-	Total	Total
			Funds	ricted	ricted	Funds	Funds
				Income	Income
		Notes		Funds	Funds	2021	2020
				E
Income and endowments	from:
Donations and legacies				102,061	8,905	110,966	66,947
Other trading activities				49,373	1,058	50,431	71,297
Income from investments				34,180		34,180	35,610
Income from charitable activities:
Promotion and preservation				104,288		104,288	90,815
Improvement/development				42,600		42,600
Educational activities				175		175	12 868
Total income and endowments
Expenditure on:
Expenditure on raising funds				35,869		35,869	36,767
Expenditure on charitable	activities:
Promotion and preservation				186,315		186,315	174,470
Improvement/development				80,598	3,557	84,155	62,029
Educational activities				18042		18042	21 543
Total expenditure
Net gains/(losses) on investments		12		142 182		142 182	99278
Net income/(expenditure)				154,035	6,406	160,441	(116,550)
Transfers between funds		15		8047	8047
Net movement in funds				162,082	(1,641)	160,441	(116,550)
Reconciliation offunds
Total funds brought forward			I 201 138	I 955 142	184 593	3340873	3457 423
Total funds carried forward

		CUERDEN VALLEY PARK TRUST	CUERDEN VALLEY PARK TRUST
		BALANCE SHEET ASAT 31MARCH 2021
			2021			2020
		Notes
Fixed assets
Tangible assets		11	2,085,352		2,092,774
Investments		12	I 283 155		~1147729
Total fixed assets			3,368,507		3,240,503
Current assets
Debtors		13	33,345	39,120
Cash at bank and in	hand		151024	87 174
Total current assets			184,369	126,294
Liabilities
Creditors: Amounts	falling due
within one year		14	~51 562	25 924
Net current assets			132807		100370
Total assets less current liabilities			~50		33	8
The funds ofthe charity:
Endowment funds			1,201,138		1,201,138
Restricted income	funds		182,952		184,593
Unrestricted income funds
General funds			2,083,960	2,007,832
Revaluation reserve			33264	~52 690
Total unrestricted	funds		~2117224		~1955 142
Total charity funds		15			~08

Other trading activities
				8
Income &om various non-charitable		trading activities	12,923	15,654
Income from fundraising	events		2,655	18,415
Income from letting			33,270	34,348
Other income			1 583	2 880
Income from investments
				I,
Listed investments			33,929	34,282
Cash investments			251	161
Interest from group undertaking				I 167

	(2020816,137).			,
5.	Income from charitable	activities:
	Income from charitable	trading activities:
	Provision ofparking facilities		100,087	86,258
	Grants		46,801	4,557
	Income from educational	activities	175	12868
				~13

		Endowment	Unrest-	Rest-	Total
		Funds	ricted	ricted	Funds
			Income	Income
			Funds	Funds	2020
			6
Income and endowments	from:
Donations and legacies			48,272	18,675	66,947
Other trading activities			71,297		71,297
Income from investments			35,610		35,610
Income from charitable activities
Promotion and preservation			90,815		90,815
Improvement/development
Educational activities			12868		12868
Total income and endowments
Expenditure on:
Expenditure on raising funds			36,767		36,767
Expenditure on charitable	activities:
Promotion and preservation			174,470		174,470
Improvement/development			58,472	3,557	62,029
Educational activities			21 543		21 543
Total expenditure
Net gains (losses) on investments			99278		99278
Net income/ (expenditure)			(131,668)	15,118	(116,550)
Transfers between funds			4834	4834
Net movement in fuads Reconciliation offunds:			(126,834)	10,284	(116,550)
Total funds brought forward		I 201 138	2081 976	174309	3457 423
Total funds carried forward

Total expenditure
				Direct	Support		Total	Direct	Support	Total
				Costs		Costs	2021	Costs	Costs	2020
Expenditure on raising funds:
Salaries &wages				16,957	1,231		18,188	22,361	1,872	24,233
Fundraising events				8,981			8,981	6,178		6,178
Premises expenses							9		66	66
Depreciation				(1,074)			(1,074)	2,139		2,139
Equipment &maintenance						643	643	1,114		1,114
Telephone & stationery						339	339	377	443	820
Legal &professional	fees					572	572		644	644
Promotional costs				539		37	576	1,447	82	1,529
Sundry expenses						149	149		490	490
Rates, light &heat						52	52		119	119
Governance costs
Auditors remuneration						579	579		770	770
Indemnity insurance						47	47		93	93
Portfolio management		fees			6 808		6808		1 428	I 428
				03
Expenditure on charitable			activities:
Unrestricted funds
Park contract work				17,968			17,968	11,257		11,257
Car park maintenance				7,729			7,729	8,232		8,232
Salaries &wages				152,665	12,181		164,846	144,734	12,411	157,145
Motor expenses				8,823			8,823	9,125		9,125
Premises expenses				287		87	374	1,504	436	1,940
Depreciation				11,015			11,015	13,982		13,982
Equipment &maintenance				20,880	6,357		27,237	5,860		5,860
General insurance				20,466			20,466	18,131		18,131
Telephone &stationery					3,353		3,353		2,940	2,940
Legal &professional	fees				5,663		5,663		4,271	4,271
Promotional costs				3,266		368	3,634		540	540
Sundry expenses						1,467	1,467		3,242	3,242
Training				1,499			1,499	1,953		1,953
Rates, light &heat				3,130		514	3,644	4,524	786	5,310
Governance costs
Auditors remuneration					5,726		5,726		5,107	5,107
Indemnity insurance						464	464		616	616
Restricted funds
Equipment &maintenance				1,047			1,047	4,834		4,834
Depreciation				3 557			3557	3557		3557
				5	36 180		28	22	3034	042
Expenditure on raising		funds		25,403	10,466		35,869	33,616	3,151	36,767
Expenditure on charitable			activities:
Promotion and preservation				162,865	23,450		186,315	153,858	20,612	174,470
Improvement/development				73,695	10,460		84,155	54,874	7,155	62,029
Educational activities				15772		2270	18042	18961	2 582	21 543
				27 35	4	4	24 81	61 30		2 4


8.	Net income/expenditure			2021		2020
	is stated atter charging
	Depreciation oftangible fixed assets
	-owned by the company			17,826		18,729
	Auditors remuneration - audit fees			3,153		2,939
	- other financial	services
9,	Staff costs and numbers
	Wages and salaries			165,397		162,631
	Social Security costs			9,265		10,834
	Employer's contribution to personal pension schemes			8	372	~7913
	No employee received employee benefits off60,000 per annum or more. Trust's key management personnel were f38,098 (2020 f40,377). The		The total	total employee benefits of average monthly number			the of
	employees, analysed by function was:
				2021		2020
	General manager (full time)				1		1
	Park rangers (full time)				2		2
	Estate workers (full time)				2		2
	Office manager (part time)				1		I
	Education officer (part time)				1		1
	Marketing officer (part time)				I		1
	Operations manager (full time)				1		1
					9		9

		2021	2020
Fixed asset investments
Listed investments		1,147,728	1,147,728
Equity investments	in group undertaking	1	I
		~114 2	~114 72
Listed investments
Market value at I April 2020		1,147,728	I 253 210
Additions		301,591	192,124
Disposal proceeds		(308,346)	(198,327)
Gains (losses) on disposal		56,228	9,658
Gains on revaluation		85 954	~108936
Market value at 31March 2021
Historic cost at 31March 2021		~328	~1103
UK investments		627,641	681,740
Non-UK investments		655 514	4~65 989
		~12 55	~12

	and the loss f	or the p	eriod was f32,279.			,		,
						2021		2020
13.	Debtors							f,
	Trade debtors					45		685
	Other debtors					161		3,755
	Prepayments	and accrued income				33 139		~34 680
14	Creditors: Amounts		falling due within one year
	Trade creditors					37,337		7,457
	Accruals and	deferred	income			8,125		14,445
	Taxes and social security costs					6 100		4022
15.	Total charity	funds
				Expendable	General	Revaluation,
	Unrestricted	income	funds	endowment I	fundsI	reserve	Total
	Fund balances	b/fwd	at I April 2020	1,201,138	2,007,832	(52,690)	3,156,280
	Income				332,677		332,677
	Expenditure				(320,824)		(320,824)
	Transfer				8,047			8,047
	Revaluation
	Gains and losses				56228	85 954	142 182
	Fund balances	c/fwd	at 31March 2021	I 138	3960	332	33	36

				Unrestricted	Restricted	Total
				funds	funds	funds
Fund balances at 31March 2021 are		represented	by:		f
Tangible fixed assets				1,918,157	167,195	2,085,352
Investments				1,283,155		1,283,155
Current assets				168,612	15,757	184,369
Creditors: amounts	falling due within	one year		51 562		51 562