2020-12-31-accounts

			Page
Trustees' report			1-6
Independent examiner's report
Statement offinancial	activities
Summary income and	expenditure	account
Balance sheet
Statement ofcash flows			12
Notes to the financial	statements		13-30

					Unrestricted	Restricted	Endowment	Total	Total
					funds	funds	funds
					2020	2020	2020	2020	2019
				Notes	E	f	f	f
Income and endowments			from:
Donations and	legacies				367,447	18,241		385,688	29,690
Charitable activities					184,198			184,198	719,587
Other trading	activities				6,270			6,270	24,986
Investments					28,626	74		28,700	34,059
Other income					27,341			27,341	22,365
Total income					613,882	18,315		632,197	830,687
Ex enditure on:
Raising funds					16,958	963		17,921	21,842
Charitable activities					635,129	19,855		654,984	867,139
Total resources expended					652,087	20,818		672 905	888981
Net gains/(losses)		on investments		14	51,053		(957)	50,096	41,805
Net movement	in	funds			12,848	(2,503)	(957)	9,388	(16,489)
Fund balances	at	1January	2020		2,551,957	35,165	83,065	2,670,187	2,686,676
Fund balances	at	31December 2020			2,564,805	32,662	82,108	2,679,575	2,670,187

			All income funds
			2020	2019
			f	f
Gross income			632,197	830,687
Gains on investments			50,096	41,805
Total income in the reporting		period	682,293	872,492
Total expenditure from income funds			672,905	888,981
Net income/(expenditure)	for the year		9,388	(16,489)

					2020		2019
			Notes
Fixed assets
Tangible assets				15		1,502,871		1,528,179
Investment properties				16		702,718		654,910
Investments				17		337,569		339,254
						2,543,158		2,522,343
Current assets
Stocks				18	5,600		9,602
Debtors				19	39,734		27,563
Cash at bank and in hand					260,534		320,225
					305,868		357,390
Creditors: amounts	falling due within one			21
year					(135,341)		(209,546)
Net current assets						170,527		147,844
Total assets less current		liabilities				2,713,685		2,670,187
Creditors: amounts	falling due after more		'	22
than one year						(34,110)
Net assets						2,679,575		2,670,187
Capital funds
Endowment funds	—general			25		82,108		83,065
Income funds
Restricted funds				26		32,662		35,165
Unrestricted funds						2,564,805		2,551,957
						2,679,575		2,670,187

					2020		2019
				Notes	f
Cash flows from operating		activities
Cash absorbed by operations				30		(54,745)		(52,466)
Investing	activities
Purchase	oftangible fixed	assets			(33,646)		(6,485)
Interest received					28,700		34,059
Net cash	(used in)/generated from investing
activiti es						(4,946)		27,574
Net cash	used in financing	activities
Net decrease in cash and		cash equivalents				(59,691)		(24,892)
Cash and	cash equivalents	at beginning	ofyear			320,225		3'45,117
Cash and	cash equivalents	at end ofyear				260,534		320,225

						Unrestricted	Restricted	Total	Total
						funds	funds
						2020	2020	2020	2019
						f	f	f	f
	Donations	and gifts				13,423	4,171	17,594	8,132
	Legacies receivable					203,180		203,180
	Grants received						14,070	14,070	21,558
	Governement		grants			150,844		150,844
						367,447	18,241	385,688	29,690
	Forthe year ended 31December 2019					6,922	22,768		29,690
4	Charitable	activities
								2020	2019
								f
	Incoming	resources from charitable			activities			167,040	702,924
	Cottage rental		income					17,158	16,663
								184,198	719,587
5	Other trading		activities
								2020	2019
								f	f
	Activities	for generating		funds				6,270	24,986

		Unrestricted	Restricted	Total	Total
		funds	funds
		2020	2020	2020	2019
		f	f	f	f
Rental income		27,710		27,710	29,622
Income from listed investments		910		910	2,903
Income from unlisted	investments		74	74	1,531
Interest receivable					3
		28,626	74	28,700	34,059
Forthe year ended 31December 2019		32,528	1,531		34,059

						2020	2019
						f	f
OFGEM	Grant					27,341	22,365
Raising funds
				Unrestricted	Restricted	Total	Total
				funds	funds	2020	2019
						f
~nto e	cental
Rental expenditure				6,054		6,054	4,622
~stadia	costs
Other trading		activities		7,809		7,809	13,102
Investment mana			ement	3,095	963	4,058	4,118
				16,958	963	17,921	21,842
For the	year ended		31December 2019
Property	rental			4,622			4,622
Trading	costs			13,102			13,102
Investment management				3,118	1,000		4,118
				20,842	1,000		21,842

			2020	2019
			f	f
Staff costs			386,374	461,883
Depreciation and loss		on disposal offixed assets	58,954	56,467
Course expenses			24,668	63,763
Other staff costs			1,581	1,957
Lltilities and household		expenses	69,884	97,133
Telephone, postage and stationery			20,314	13,084
Travel costs			335	2,341
Advertising and marketing			1,945	10,260
Finance costs			2,306	3,880
Maintenance and repairs			18,461	35,002
Contracts			5,943	5,423
Catering			23,982	85,887
Legal and professional			12,660	2,693
Accountancy			2,300	2,250
General expenses			13,412	3,910
VAT partial exemption		adjustments	7,964	14,721
			651,083	860,654
Grant funding of activities (see note 10)			1,187	550
Share of governance	costs (see note 11)		2,714	5,935
			654,984	867,139
Analysis by fund
Unrestricted funds			635,129
Restricted funds			19,855
			654,984
Forthe year ended 31December 2019
Unrestricted funds				851,093
Restricted funds				16,046
				867,139

					2020	2019
					f	f
The Dairy	House				621
Grants to	individuals				566	550
					1,187	550
Support costs
			Support costs	Governance	2020	2019
				costs
			E	f
Staff costs						2,176
Independent		Examiner's fees		1,600	1,600	1,550
Trustees expenses				1,054	1,054	2,149
Other costs				60	60	60
				2,714	2,714	5,935
Analysed	between
Charitable	activities			2,714	2,714	5,935

The average	monthly number ofemployees during the	year was:
		2020	2019
		Number	Number
		15	30
Employment	costs	2020	2019
		f	f
Wages and salaries		360,109	429,066
Social security costs		18,046	25,328
Other pension costs		8,219	9,665
		386,374	464,059

				Unrestricted	Endowment	Total	Total
				funds	funds
					general
				2020	2020	2020	2019
				E		f	f
Revaluation		of investments		3,245	(957)	2,288	27,072
Gain/(loss)	on sale of investments						2,523
Revaluation		of investment	properties	47,808		47,808	12,210
				51,053	(957)	50,096	41,805
Forthe year		ended 31December
2019				33,251	8,554		41,805

15	Tangible fixed assets
					Land and	Plant and	Fixtures,	Total
					buildings	machinery	fittings &
							equipment
							f
	Cost
	At 1January	2020			1,842,933	2461445	37,758	2,127,136
	Additions				12,967		20,679	33,646
	Disposals					(2,331)		(2,331)
	At 31December 2020				1,855,900	244,114	58,437	2,158,451
	Depreciation	and impairment
	At 1January	2020			495,125	80,456	23,376	598,957
	Depreciation	charged	in the	year	36,918	12,561	7,906	57,385
	Eliminated in respect of disposals					(762)		(762)
	At 31December 2020				532,043	92,255	31,282	655,580
	Carrying amount
	At 31December 2020				1,323,857	151,859	27,155	1,502,871
	At 31December 2019				1,347,808	165,989	14,382	1,528,179
16	Investment	property
								2020
								f
	Fair value
	At 1January	2020						654,910
	Net gains or	losses through		fair value adjustments				47,808
	At 31December 2020							702,718

	Listed	Unlisted	Total
	investments	investments
	f	f
Cost or valuation
At 1January 2020	327,283	11,971	339,254
Valuation changes	2,289	(3,974)	(1,685)
At 31December 2020	329,572	7,997	337,569
Carrying amount
At 31December 2020	329,572	7,997	337,569
At 31December 2019	327,283	11,971	339,254

Material	inve	stments
					December
						202
						f
Dimensional		global short dated	bond accumulation			134,782
LRG all stocks index linked gilt index trust				I accumulation		25,779
LRG international index trust institutional				accumulation		29,54
LEG UK	index	trust institutional	accumulation			24 266
						214367
Stocks
					2020	2019
					f	f
Finished	goods and goods for resale				5,600	9,602
Debtors
					2020	2019
Amounts	falling due within one year:				f	f
Trade debtors					458	10,053
Other debtors					3,235
Prepayments		and accrued income			36,041	17,510
					39,734	27,563

20	Loans and	overdrafts	overdrafts
										2020		2019
										f		f
	Debenture	loans								48,500		48,500
	Payable within one year									14,390		48,500
	Payable after one		year							34,110
	The loans	were	made		by Lord Hylton	to Ammerdown	on a free-interest	basis.	Some of	these loans	have	been
	converted	by Lord Hylton into gifts. There is no repayment					schedule in connection to the loan.
21	Creditors:	amounts		falling due within		one year
										2020		2019
							Notes			f		f
	Borrowings									14,390		48,500
	Other taxation and social security									9,683		18,171
	Deferred income							23		75,242		98,706
	Trade creditors									27,975		29,490
	Other creditors									1,532		4,757
	Accruals and deferred				income					6,519		9,922
									135,341		209,546
22	Creditors:	amounts		falling due after more than one year
										2020		2019
										f		f
	Borrowings									34,110

				2020	2019
				f	f
Other deferred income				75,242	98,706
Current	liabilities			75,242	98,706
				75,242	98,706
Movement in the		year		2020	2019
				f	f
At 1January 2020				98,706	82,212
Amount	released	to income earned from charitable	activities	(98,706)	(82,212)
Amount	deferred	in the year		75,242	98,706
At 31December 2020				75,242	98,706

			Movement	Movement	in funds	in funds
		Balance at 1	Incoming	Resources		Gains/(Losses)	Balance at 31
		January 2020	Resources	Expended		and Transfers	December 2020
		E	f		f	f	E
Permanent	endowments
Bursary fund		83,065				(957)	82,108
		83,065				(957)	82,108
Prior year

Prior year
			Movement		in funds
		Balance at 1	Incoming	Resources		Gains/(Losses)	Balance at 31
		January 2019	Resources	Expended		and Transfers	December 2019
		E	E		E	E	E
Permanent	endowments
Bursary fund		74,511				8,554	83,065
		74,511				8,554	83,065

										Movement	Movement	Movement	in funds
							Balance at 1		Incoming			Resources Transfers					Balance		at 31
							January 2020		Resources			Expended				December			2020
								f					f		f
Equipment and refurbishment				fund				5,314		3,000			(4,174)						4,140
Chapel fund								622											622
Bursaries								1,191		1,245			(1,529)						907
Peace Garden								518											518
Interfaith project								27,520		14,070			(15,115)					26,475
								35,165		18,315			(20,818)					32,662
Prior year										Movement			in funds
							Balance at 1		Incoming			Resources Transfers					Balance		at 31
							January 2019		Resources			Expended				December			2019
								f		f			f		f
Equipment and refurbishment				fund				5,776					(462)						5,314
Chapel fund								718					(96)						622
Bursaries										2,741			(1,550)						1,191
Peace Garden								1,442					(924)						518
Interfaith project								19,976		21,558			(14,014)					27,520
								27,912		24,299			(17,046)					35,165
Equipment and furnishings			Fund		—Money donated to help				the	Centre		purchase small		items of equipment				and
furnishings to assist with refurbishments.
Chapel Fund	—Monies raised			to enhance		the		spiritual experience		ofAmmerdown guests.
Bursary Fund	—The income			is used to assist				people on low incomes to				attend courses		run	at the	Ammerdown
Centre.
Peace Garden	—Money donated to create						a small peace garden.
Interfaith project		— The Methodist				Conference called			the	Methodist			people to	challenge		racism		and
discrimination;	to	speak and		act	for healing,			reconciliation	and	mutual		respect in their		own communities.				The
Ammerdown	Project seeks to do				this by engaging with people who have							been	victims of	racial abuse,			particularly
abuse related	to their faith,			and	with those			projects that are engaged			in addressing racial injustice					and working
towards improved		community		integration,			to identify best practice and				actively promote			its	replication.

Analysis of	net assets between funds
		Unrestricted	Restricted	Endowment	Total
		funcls	funds	funds
Fund balances at 31December 2020 are
represented	by:
Tangible assets		1,502,871			1,502,871
Investment	properties	702,718			702,718
Investments		255,461		82,108	337,569
Current assets/(li abiliti es)		137,865	32,662		170,527
Long term	liabilities	(34,110)			(34,110)
		2,564,805	32,662	82,108	2,679,575
Prior year
		Unrestricted	Restricted	Endowment	Total
		funds	funds	funds
Fund balances at 31December 2019are
represented	by:
Tangible assets		1,528,179			1,528,179
Investment	properties	654,910			654,910
Investments		256,189		83,065	339,254
Current assets/(liabilities)		112,679	35,165		147,844
		2,551,957	35,165	83,065	2,670,187

	2020	2019
	f	f
Within one year	6,210	1,441
Between two and five years	15,795	11,406
	22,005	12,847

Cash generated from operations	Cash generated from operations	Cash generated from operations				2020	2019
						f	f
Surplus/(deficit) for the year						9,388	(16,489)
Adjustments for:
Investment income recognised		in statement		offinancial	activities	(28,700)	(34,059)
Fair value gains and losses on	investment		properties			(47,808)	(12,210)
Fair value gains and losses on	investments					1,686	(27,021)
Depreciation and impairment	oftangible		fixed assets			58,954	56,467
Movements in working capital:
Decrease in stocks						4,002	3,195
(Increase)/decrease in debtors						(12,171)	4,251
(Decrease) in creditors						(16,632)	(43,094)
(Decrease)/increase in deferred		income				(23,464)	16,494
Cash absorbed by operations						(54,745)	(52,466)

31	Analysis ofchanges	in net funds
			At 1January 2020	Cash flows	At 31December
					2020
	Cash at bank and in	hand	320,225	(59,691)	260,534
	Loans falling due within one year		(48,500)	34,110	(14,390)
	Loans falling due after more than one year			(34,110)	(34,110)
			271,725	(59,691)	212,034