Charity Registrati¢Jn No. 1010244
Company Registration No. 02685658 IEnEland and Wales)
THE AMMERDOWN CENTRE
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
OLDMLL

THE AMMERDOWN CENTRE
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
S J Burgess
W Furness
A T Pjolliffe
W F Thomson
A Townshend
Dr T L Chambers
G Powell
C 8oddinEton
(Appointed 22 August 20211
SKretarv
W Furness
Charlty number
1010244
Company number
02685658
ReBlstered offlce
Ammerdown Park
Radstock
BATH
Somerset
BA3 5SW
Independent examiner
Old Mill Accountancy Limited
Bishopbrook House
Cathedral Avenue
WELLS
5omerset
BA5 IFD
Solldtors
Stone Klng LLP
13 Queen Square
BATH
Somerset
BAI 2HJ
Investment advisors
Old Mlll Flnanclal P13nning LLP
Maltravers House
Petters Wav
YEOVIL
Somerset
BA20 ISH

THE AMMERDOWN CENTRE
CONTENTS
Page
Trustees, report
Independent examlner's report
Statement of financial 8Ctlvlties
Jmmèry income and expenditure account
B3lènce sheet
9-10
Statement of cash flows
li
Notes to the financial statements
12-30

THE AMMERDOWN CENTRE
TRUSTEES, REPORT {INCLUDING DIRECTORS. REPORT}
FOR THE YEAR ENDED 31 DECEMBER 2021
The trustees present their report and financial Statements for the year ended 31 December 2021.
The accounts have been prepared In accordance with the atcountlnB pollcles set out In note I to the accounts and comply
wlth the charlty's Memorandum and Articles ol Association, the Cornpariie5 Act 2006 and -Accounting and Reporting by
Charities.. Statemènt of Recommended Practice applicable to charitie5 preparing their accounts in attord8nce with the
Financial Reporting Standard applicable in the UK ènd Republic of Ireland IFRS 1021 (effective l January 20191.
Oblectives and actlvltie5
Objectives
The orlglnal oblects of the Trust as recorded in the Articles of Assoc13tlon In 1973 were.the advancement of the Christian
rellgion and the advancement ol education anywhere in the worid" Sint& then the Trust has developed its work in
interfaith dialogue Iwhith is recorded in the Articles as one ol the ways in which the object5 may be achievÈdl and the
promotion ol justice, peace and reconciliation.
These objects a￿ reflectsd In the mission statement which the Trustees revised In 2015. and whlch now reads.. "The
Ammerdown Centre was set up In 1973 as a Christian foundation. It exists to prornote peacei jUSticÈ and retoncillatlon In a
safe place of h05Pltality where people of differing vlows or falths can engage In dialogue and can pursue their journeys of
prayer. f31rh or enqulrv..
The Ammerdown Centre fulfi15 Its charitable objective5 by being a Conference and Retreat Centre which
runs Its own programme of course5, lectures and events, offerlng a wlde range of speakers including many well
known Christian leaders,
welcome5 external groups Iborh on a resldentlal and non-residential ba5151 that Use the fatilitiÈs of the Cenrre to
carry out their own educ3tional purposes,. Ènd
welcomes prlvate guests who are seeking a quiet ploce whÈr@ they tan have tlme and space on their own, as well
a5 a rÈst.
Thls Is summarised in the Ammerdown Centre's strapllne.. Ammerdown-Hospltollty. Peace and Reconcillatlon,.
The Ammerdown CÈntre has Identified Its Core Values which are..
Inclusivity- Sustainable solutions can only be built by safely Including all stskeholders, whatever their views and whatever
thÈir past behavior. Participants, engagernent with Am￿[down,$ Programme Is always voluntary, willingly made, and
without pressure. Extra efforts often need to be made to include, when 3ppropriate, those who are hard to reach or who
are on the margin5 of a conflict. Ammerdown commlts In 811 Its work to achieve a good diverse ba13nce arnongst proEram
partEip3nts.
Non Violence
Violence 15 Counter-produttfve to the transformation of conflict. and non-violent alternatives can be
developed which are both humane 4nd sustainable.
Respecl - Every human belng, wlthout exceptlon. deserves to be treated with equal ￿spect, and to have thelr dlgnity
upheld and their hurnan right5 respetted.
IndÈpÈndence and Impartiality - Ammerdown does not take sldes or promote specllic solutions but rather acts as an
independent and Impartial facllltator who, without judgement, helps to build and transform relationshlps and ald
communities to find 5UStain3blÈ solutlons.
Caring- Ammerdown wlll show kindness and concern for all of its customers and vlsltors wlthout questlon.
Dlalogue - Dialogue is a kind o151ow and thoughtful listenin& combined with careful talking. It cornes fratn 3 genuine
attitude of respect and curiosity, combined with a corntnitment to work on understanding and try to find the thin lines
between 3greemÈnt and disagreement.

THE AMMERDOWN CENTRE
TRUSTEES, REPORT ICONTINUEDIIINCLUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 31 DECEMBER 2021
Hospitality- Ammerdown has deep routed warm. friendly reception 3nd treatment of gue5t5 or strangers, the quallty of
receiving and t￿atIng Euests and strangers at Ammerdown will be one of excellence.
Splrituallty- In modern times the emphasis 15 on subjective experience of H sacred dimension and the deepest values and
meanings by which people live..
Social Justlce . Amrnerdown acts a5 a catalyst In glvlng a volce to the vulnerable. We help to break down prejudi￿5 by
provldln8 Opportunities for diverse people within the cornmunity to meet together and dialogue, and advocète for change:
empowerlng the vulnerable and enrlching the community.
Ammerdown'5 Vision and Mission are-.
Vlslon- Ammerdown believes in a shared world,. where diversity and different identities are thÉrished', where all
can live f￿e from the fear of vlolence. abuse and wlth dSgnity and respect,. and where differences and conflicts
are transformed pe3cefully.
Mission- Ammerdown's mission is to help deepen reconciliation within and bÈtwÈen communitles in the UK and
internationally. Ammerdown achieves its mission by helping the transformation 3nd building if relatlOn5hip5
thTough facilitated inclusfve dialogue and capacity buildsng of stakeholders.
The trustees have paid due ￿Eard to guidance Issued by the Charlty Commlsslon In deciding what actfvities the charity
should undertake.
Achlevements and performance
The Trustees have iefeired to the guidance in the Charity Commission's general guidance on public benefit when reviewing
the charity's aims and objectwes and in p13nninE the Charity's future attivities. In particular, the Trustees h￿e considered
how planned activities will contribute to the aims and objectives they have set. The ¢harity carries out a wldÈ range of
activities in pursuan￿ of its charitable 81ms. The Trustees consider that these activities all deliver public benefit.
The Ammerdown Courses planned for 2021 in¢ludÈd spiritual, wÈllbelng and creative courses. Although some had to be
cancelled due to COVID, some courses were offered via Zoom and others were blended to be a5 inclusive and accessible 35
P055ible.
External bookings went ahead where government gvidellnes allowed. The Centre's Staff made spÈclal efforts to ensure that
all guesrs were aware of the regulations in platr and were asked to adhere to them.
The website and Ammerdown's online presence, in addition to the traditlonal quèrter1y newsletter and programme, have
he5ped the ch8rity connect with a wider audience and remain connected with people throughout the pandemlc.
Interfaith work contlnued to be partially fundÈd by the Brlstol Clty Councll through the Voice and Influence Partnership.
Thls money enabled both virtual and live interf4ith connections, mÈetinBs and workshops.

THE AMMERDOWN CENTRE
TRUSTEES. REPORT ICONTINUEDI(INCLUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 31 DECEMBER 2021
Golng concern
In light ol the current coronavlrus pandernlc, the trustees have reviewed the likely future developmÈnts and rÈmaln of the
opinion that there is no reason to bÈliÈvÈ that the charity will have to cease to operate as a result of inadequ3te lin3ncial
resources. or any other foreseeable event, within a period of at least 12 months from the date ol the approval ol these
actounts.
Investment policy and performance
An Investment Sub-committee has been in place slnce December 2011, and the Investment portfolio of the Ammerdown
Centre has been managed since 2012 by the Fin3ncial Services dÈpartmÈnt of l(xal accountancy fSrm Old Mill. Old Mill
send5 quarterly reports and rhe members of the sub-committee meet once a year with a representative of Old Mill to
review performance and ri5k5.
The reserves that 8re not held in savings accounts are currendy invested in two separate funds managed by Old Mlll..
The Core Funds
The Bursary Fund
The r5sk fattors agreed with Old Mill lor 2019 were..
Risk Group 5 for the bursary funds
Risk Group 3 for the core investment funds.
At 31 December 2021. the value of the portfolio was £360,48412020..£337,5691
Financial revlew
ResÈrves Pollcy
The Tru5tee5 Continue to bÈ of the vlew, as recommended by the Charity Commission. the Arnmerdown Centre should
maintain an appropriate level of free reserves li.e. unrestricted funds not tied up in the charitable fixed zssetsl. The
Trustees h8ve decided that the free reserve5 should equate to at least six months, recurrlng overhead expenditure in order
to ensure the tontlnulty of operations In case of unforeseen events.
At 31 December 2021, the level of free ￿serveS was £254,206 12020'.E359.2161, equlvalent to 4.3 months12020..6.6
months) of recurrlng expenditure.
TheTrustees are working to restore reserves to six months and continue to review each year the level of f￿e reserves.
Prlncipal FundinE
The Trustees welcome the fact that The Ammerdown CÉntre Ènded the year wlth a surplus of £25,481. The economic
environment for conference and retreat centres under norrnal circumstances is challenging. However, the impact of Covid-
19 on the centre and, indeed, the whole country, h8s been unpredictable and has led to the centre being closed for several
months and significant loss of income. 2020 and 2021 ère the hardest years to date that Ammerdown has faced since it5
in¢Èption almost SO years 8go. It was decided to outsour￿ the housekeeping and the kitchen as It was more cost effective
to buy in services when needed rather than &mploy Staff for work that was totally unpredictable. Thls proved beneflclal for
this period of tlme but the catering wlll be brought back In house in 2022 as busine55 h?s increased. Bedroom£ have bÈÈn
refurblshed. All have been p3inted 3nd rÈ-carpeted with new beds and lamps. Th? new website Is up and running with
new onllne 8ooklng System being developed. In addition, the oll bollers h8ve been replaced to improve the efficiency of
the heating system.
The Centre has stayed in touch with people durlng the pandemSc and as some have returned. there h35 been p051tive
feedback about Ihe way we have managed guests, return to the Centre. This has lÈd to some strong biM)kings for 2022. In
addition, sadly SOMÈ retreat centres have closed down and Ammerdown ha5 gained new business from these centres.

THEAMMERDOWN CENTRE
TRUSTEES, REPORT ICONTINUEDIIINCLUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 31 DECEMBER 2021
Future developments
Now that bookings for 2022 are stron& the catering will be brought back in house. This will reduce the catering cost
External booklngs for 2021 remaln healthy as sorne booking5 h3ve been transferred from earller dates., we h8vÈ galned
bu5ine5s from closed retreat centres,. people are eager to visit when they know the centre is managin8 the COVID situation
effectively.
The charlty stlll ret31ns a reasonable level of reserves. These were not touched durine the pandemlc and, therefore. leave
U5 In a strone flnanclal posltlon to see through 2022.
The centre will devek)p Aldrich Cottage in 2022 and invest in 4 greenerÈarden. All conference rooms will be painted.
Structure, governance and management
RegSstered Address: The Ammerdown Centre. Ammerdown Park, Radstock, BA3 5SW
Governlng Document
The Ammerdown Centre Ltd is a cornpany lirnited by guarantÈÈ without a share capital (Company Number.. 26856581,
governed by Its Memor8ndum ènd Articles ol Association dated 10 February 1992 as arnended by rÈsolutions dated 12
May 1997, 26 Novembèr 2001 and 25 June 2007. It is a registered charity with the Charity Cornmi55ion logi5tration dated 3
April 1992, underthe ch3rity nutnber 10102441. The chèrit8ble company is limited by guarantee. without share c8pital, the
guarantors kEing the Trustees to the extent of £1 each. There were 9 members at the balance sheet date.
Recruitment and Appointment of Trustees
The Directors of the company are also charlty Trustees for the purpose of charity law and underthe company's 3rti¢les a
known zs Trustees. Under the reqviretnents of the Memorandum 8nd Articles of Association the Trustees are appointed for
a period of three years, after which they rnu5t be re-elected at the next Annual General Meetlng.
The trustees, who are also the directors forthe purpose of company law, and who served durlng rhe year were:
S J 8ur8ess
S D Meadows
W FurnÈss
A T P Jolliffe
W F Thomson
S L Gl&nvllle
A Town5hÈnd
DrT L Chambers
P A Taylor
G Powell
C Boddington
(Deceased 2 August 20221
IApw>inted 22 August 20211
IReslEned 16 November 20211
Each prospective TTU5tee 15 Invlted to attend at least one Trustees, meeting and to meet with the Chair of Trustees prioi to
any appointment.
Trustees recently appolnted by the Board serve or have served as other ch3rities and are therefore already will aware of
their leg31 obligations under charity law.
Within the limlts of availability and distance, Trustees a￿ encouiaged to help out at the Centre. Thls provldes them with
valuable opportunities to work aloneside members of staff and volunteers, to gain insights into the day to day oper3tlons of
the Centre and also to meet and talk to guests.

THE AMMERDOWN CENTRE
TRUSTEES, REPORT ICONTINUEDI{INCLUDING DIRECTORS, REPORTI
FOR THE YEAR ENDED 31 DECEMBER 2021
Organlsatlon
The Board ol Trustees administers the charity. The whole Board normally meets live tITnes a year.
The Trustees are in favour of forrning sub-commlttee5 when partlcular operatlonal or strateglc issues need to be looked at
In depth and would benefit from Input from a wide range of experiÈncÈ and backgrounds. Typlcally, these sub-committees
are formed on an ad-hoc basls over a short perlod of time and bring together rnembers of the boardp paid staff and. if
appropriate, people from outside the organisation. The sub-committees bring the outcome of their reflection5 to the Board
lttr distusslon and. when necessary. final deci510n.
The only 5ub-comrnittee that operate on an ongoing basis is the Audit & Risk Sub-committee.
statement of trustees. responslbilltles
The Trustees Iwho are also director5 of the Ammerdown Centre Umlted for the purpose of company lawl are rÈsponslblÈ
for prÈp3rlng the Trustees, Report and the financial statetnents in attordance wlth appllcable law and United Kingdom
Accounting StÈndards (United Kingdom Generally Accepted Accounting practi￿1.
Company law requires the Trustees to prepare financial statèments for each financial year. which give a true and fair view
of the state of affairs of the company and of its incoming re50ur¢es and application of resources, including its net income
and expenditure for the year.
In preparing those financlal statements, the Trustees are required to..
select suitable accounting policie5 3nd then apply them consistentlv..
observe thÈ mÈthods and principles in the Charities SORP,.
make judgements and e5titnate5 that are reasonable and prudent,.
state whether applicable UK Accounting Standards have been followed. subject to any material departure5 dI5c105ed
and explained in the financial statements,. and
prepare the finantial statements on the going concern bas15 unless It Is inapproprlate to presume that the ch8rltable
company wlll contlnue In operatlon.
ThÈ Trustees are responsible for keeping adequate accounting record5 that are sufficient to show and explain the charitable
company'5 tr8n53Ctlons and disclose with reasonable accuracy at any time the financial posltlon of the charitable company
and enable them to ensvre that the financial statements comply with the Companie5 Act 2006. They are a1$0 responsible
for safegu3rdinE the assets of the company and hence lor takinE reasonable steps for the prevention and detection of fraud
The trustees, report was approved by the Board of Trustees.
S J Burgess
Chair
Dated..

THE AMMERDOWN CENTRE
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF THE AMMERDOWN CENTRE
I report to the tru5tee5 on my examinatlon of the financlal statements of The Amrnerdown Centre (the charity) for the
year ended 31 December 2021.
Re5POll51bilitiÈs and basls of report
As the trustees of the charity land also Its directors for the purposes of company lawl you are responslble for the
preparation of the findnclal statements In accordance with the requirements of the Companie5 Act 2006 Ithe 2006 Act).
Navlng satlslied myself that the financial staternents of the charity are not r&qulred to be audited under Part 16 of the
20a6 Act and are eligible for independent examination. I report in respect of rny examination of the chariiy's financial
statement5 carried out under settlon 145 of the Charities Act 2011 Ithe 2011 Act). In carrying out my examination I have
followed all the applicable Directions given by the Charlty Commlsslon under section 1451Sllbl of the 2011 Act.
Independent examlner's statement
Since the charity's gross income exceeded £250,000 your examiner must be a member of a body Ilsted in sectlon 145 of
the 2011 Att. I conflrm that l am qualified to undertake the examin3tion because l am a member of Institute of
Chartered Accountsnts in England and Wales, whlch Is one of the Ilsted bodles.
I hawe completed my examination. I confirm that no mattÈrs have tome to my attentlon In connection with the
examination giving me cause to believe that in any rnaterial respect..
accountlng records were not kept in respect of the charity Ès rÈqulred by section 386 of the 2006 Act.. or
the financial ststement5 do not accord with those records-, or
the fin?nci315tstement5 do not tomply with the accounting requirement5 of section 396 of the 2006 Art other than
any requirement that the accounts givÈ a truÈ and falr view which is not a matter considered as part of an
Independent eKamination.' or
the financial statements have not been prepared In 8ccordan£e with the methods and principle5 of the Staternent
of Recommended Practice for accounting 3nd reporting by charities applicable to tharltles preparing their accounts
in acttsrdance wlth the Flnancial Reporting Standard ap￿ICable in the UK and RepubSic of Ir@18nd IFRS 1021.
I have no concerns and have come 3cross no other matters connectlon wlth the examlnation to which attention should
be drawn In thls report In order to enable a proper under5tsnding of the finantial statements to be reach&d.
Old Mill Accountancy Llmlted
TIM Lerwlll, FCA
Bishopbrook House
Cathedr31 Avenue
WELLS
Somerset
BA5 IFD
2210912022
D8ted'.

THE AMMERDOWN CENTRE
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2021
Unrestrlcted
funds
2021
Restrl£ted Endowment
Total
Total
funds
2021
funds
2021
2021
2020
Notes
In¢omÈ #nd endowments from..
Donatlons and legacies
103,190
422,023
19.074
12.764
29,302
24,559
127,749
422,023
19.074
12,764
29,302
385,688
184,198
6,270
28,700
27,341
Other trading 4ctiwties
Investments
other Income
Total Income
586.353
24,559
610,912
632,197
Ex
enditure on..
Raising funds
19,789
1,096
20,885
17,921
Charltablo actlvltles
689,124
10,942
700,066
654,984
Total re50urce5 expendÈd
708,913
12,038
720,951
672.905
Net gainslllosses) on investrnents
14
126,066
9.454
135.520
50,096
Net movement in funds
3,506
12,521
9,454
25.481
9.388
Fund balance5 at l January 2021
2.564,805
32,662
82.108
2.679,575
2,670,187
Fund balances at 31 December 2021
2.568,311
45,183
91,562
2,705,056
2,679,575

THE AMMERDOWN CENTRE
SUMMARY INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2021
All In¢ome funds
2021
2020
Gross intom&
610,912
50,096
632,197
41,805
Galns on Investments
Total incoTne in the reporting peric
661.008
674,002
Total expenditure from income fund5
720,951
672,905
Net Income for the year
159,9431
1,097

THEAMMERDOWN CENTRE
BALANCE SHEET
AS AT 31 DECEMBER 2021
2021
2020
Notes
Flxed a￿et$
Tangible assets
Investment properties
Investments
15
1.503,168
810,937
360,484
1.502,871
702,718
337,569
16
17
2.674,589
2.543,158
Current a55ets
Stocks
Debtors
Cash at bank and In hand
19
3,649
41,846
158,127
5,600
39.734
260.534
20
203,622
305,868
Credltors.. amounts falllng due wlthin one
year
22
1173,1551
1135,3411
Net current assets
30.467
170,527
Total assets less current Ilabllltles
2,705,056
2.713.685
Credltors.. amount5 talling due after rnore
than one year
23
134,1101
Net a55ets
2,705,056
2,679,575
Capital lunds
Endowment funds- eeneral
In¢ome funds
Restrlcted funds
Unrestricted funds
26
91,562
82,108
27
45.183
2,568,311
32,662
2,564,805
2,705,056
2,679,575

THE AMMERDOWN CENTRE
BALANCE SHEET ICONTINUEDI
ASAT 31 DECEMBER 2021
Thecompany Is en￿lled tothe èyemptlonlrom the audlt requlremÈnt ¢ontalned In Sec￿on 477 ofthe Cwpanles Act2rx)6.
for the yearendÈd 31 December 2021.
The members havÈ not requlred the compawto obtaln an audlt of ltsflnanclal statement5 forthe yearln ouestlon In
attordance wlthsectlon 476.
The dlre£tor acknowledges hls re5ponslbllltie5 for complylng wlth the requlrement5 01 the Companl¢s A¢t 2006 wlth respert
to accouhtlng records and the Pre￿ratIOn otflnancial statement5.
These financl31 statements have been PTep8r¢d In accordantt wlth the prov1￿on$ appllcable to companles subject to the
small comptnles reglme.
The accovnts wÈre approved by the Trustees on.......
&.IqI 7J>L
SJ BurgÈss
ThLfv
Company Rellslratlon No. 026B5658
-iD-

THEAMMERDOWN CENTRE
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2021
2021
2020
Notes
Cash flows from operatlng actlvltles
Cash 8bsorbed by operations
31
137,9631
154,7451
Investing actlvltles
Purchase of tangible fSxed 8ssets
Interest recelved
162,8181
12,764
133,6461
28,700
Net cash used in investlne actlvltles
150,0541
14,9461
Flnanclng actlvltles
Repayment of debenture5
114.3901
Net cash used In fSnanclng actlvitles
114,3901
Net decrease in cash and cash equivalents
1102.4071
159,6911
Cash and cash Èqulvèlents at beginning of year
260,534
320,225
Cash and cash equivalents at end ol year
158,127
260,534
-li-

THE AMMERDOWN CENTRE
NOTES TO THE FINANCIALSTATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
Accounting poll¢les
Charlty Informatlon
The Ammerdown Centre is 3 private cotnpany limited bv Euarantee Incorporated In England and Wales. The fegistered
offlce Is Ammerdown Park. Radstock, BATH, Somer5et, BA3 5SW.
1.1 Accounting convention
The accounts have been prepared in accord3nce with the charity's Memorandum and Artlcles of Assoclatlon, the
CompanlÈs Act 2006 and -Accountlng and Reporting by Charities., Staternent of Recommended Practice applicable to
charities preparing their accounts in accordance wlth the Financial Reporting Standard 3pplicable in the UK and
Republlc of Ireland IFRS 1021" leffective l January 20191. The charlty Is 8 Public Benefit Entity as defined by FRS 102.
The financial statements are prepa￿d in sterling, which Ss the functlonal currency of the charity. Monetary 4mount5 In
th@se fln3nclal statements are rounded to the ne3rest £.
The financlal statements have been prepared under the historical c05t convention, modified to Include the revaluation
ol freehold propertiÈs and to Include Investment propertie5 and certain financi31 instrurnents at fair value. The prlntipal
accounting policie5 adopted a￿ set out below.
l.Z Golng concern
In light of the current coron8vlrus pandemic, the trustees have Feviewed the likely future developments and remaln of
the opinion that there Is no reason to belleve that the charity will have to cease to operate as a result ol inadequate
flnanclal resources, or any otherforeseeable event, withln a perlod of ar least 12 months from the date of the 3pproval
of these accounts.
1.3 Charitable funds
Unrestricted funds are avallable for use at the discretion of the tru5tee5 in furthÈrance of thelr charitable objeCt￿e$.
Restricted funds are Subject to $￿tIf1t conditions by donors as to how they may be used. The purposes 4nd uses of the
restrlcted funds are set out in the notes to the financial statements.
Endowment funds are subject to speclflc conditlons by donors that the capital must be maintained by the tharity.
1.4 Incomlng resources
Income is recognised when the charlty is legally entitled to It after any performance conditions have been met, the
amounts can be measured rellably. and it 15 probable that income will ￿ rete5ved.
Cash donations are recognisèd on retÈlpt. Other donations are recognised once the £haTlty has been notified of the
donation. unless performance conditions requi￿ deferral of the amount. Income tax recoverable in relation to
donations retefved under Gift Aid or deeds of covenznt 15 recognised at the time of the don3tlon.
Legacie5 a￿ reeoenised on recelpt or otherwlse If the charity has been notified of an irnpending distribution, the
amount Is known. and receipt 15 e¥pe¢ted. If thÈ amount Is not known, the legacy is treated as a contingent a55et.
Incotne is only deferred when..
Fees are recewed Sn advance of the event to which the relate..
The donor specifies that the grant or donatidn must only be used In future accounting periods.. and
The donor has imposed conditions which must be rne beforÈ the charlty has uncondltlonal entitlement.
Interest on funds held on dÈposit Is included when recelvable and the amount can be measured reliably by the charityp
thls Is normally upon notification of the interest paid or repayable by the Bank.
12-

THE AMMERDOWN CENTRE
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
FOR THE YEAR ENDED 31 DECEMBER 2021
AccountinE politles
Icontlnuedl
Income is measured at the fair value of the con5ideratlon recelved or recelvable and represents amounts receiv4ble for
goods and servlces provided in the normal course of business, net of discounts. VAT and other ￿leS related taxes.
1.5 Resources expended
Expenditure Is recognlsed once there Is a legal or constructive obligation to make a payment to a thlrd party. it is
probably that 5ettlemÈnt will ￿ requlred and the amount of the obligation czn be measured reliably.
Fundr31sing costs are those incurred in seeking voluntary contributions and do not Include the costs ol disseminating
information in support of the charitable activities. Support costs are those costs Incurred dlrectly Sn support of
expenditure on the objects of the charlty and Include project management carried out at Headquarters. Governance
costs are those incurred in Connection with adminlstration of the charlty and compllance with constitutional 4nd
staruiory requlrements.
Grants payable are charged in the year when the offer is made except in those ca5e5 where the offer is conditional. su¢h
as grants being recogni5ed a5 expenditure when the tonditlons attaching are fulfilled. Grant5 offered subject to
condltions which have not been met at the year end are noted hs a commitment, but not accrued as expenditure.
1.6 TanElble tixed assets
Taneible fixed assets are initially measured at cost 3nd subsequently measured at cost or valu8tlon. net of depreclation
and 4ny impalrment losses.
Depre¢lation Is rÈcognlsed so as to write off the cost or valuation of a55ets le5$ their ￿Sid￿31 values over thelr useful
lives on the following bases..
Lènd and buildings
Plant and machinery
Fixtures, fittines & equipment
Staleht Ilne over 50 ye3rs
15% reducing balance / 5% straight line / IO% straight line
15% reducing balance125% reducing ba13nce
The gain or1055 arising on the disposal of an asset Is determlned as the difference between the Sale proceeds and the
carrying value of the asset, and is Tecogni5ed in net incomellexpendlturel for the year.
Only Items over £5(X) are capitsllsed.
1.7 InvÈstment propertles
Investment property, which Is PrO￿rtY hÈld to earn rentals andlor for capltal appreciation, 15 initially recogni5ed at
cost, whlch Includes the purchase cost and any directly attributable Èxpendlture. Subsequently it is measured at fair
value at the reporting end date. The surplus or deficit on revaluation is recogni5ed in profit or105S.
1.8 Fixed asset iNvestrnents
Fixed 8sset investments are initially measured 3t transaction prlce exc1udlng transaction costs. and are subsequently
me35ured at fair value at each reporting date. Changes in fair value a￿ recognised In net Incomellexpendlturel for the
year. Transaction costs are expensed as Incurred.
13-

THE AMMERDOWN CENTRE
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
FOR THE YEAR ENDED 31 DECEMBER 2021
Accounting policles
Icontlnuedl
1.9 Impalrment of fixed assets
Recoverable amount is the hlgher of falr value less costs to sell and value in use. In assessing value In use, the estlmated
future Cash IIow5 are discounted to thelr present value uslng a pre-tsx discount rate that reflect5 Current market
assessments ol the tiffle value of rnoney and the risks spetiFic to the asset lor which the estimates ol future c3sh flows
have not been 8dlusted.
If the recoverable arnount of an asset Is estlmated to be less than it5 carrying 3rn0unt, the ¢arryinÈ amount of the asset
Is reduced to its recoverable amount. An impalrment loss Is recognlsed Immedlately in incomellexpenditure for the
year. unless the relevant asset is carried 3t 3 revalued arnovnt, in whlch case the impairment Ioss is treated as a
revaluation decrease.
Recognised impairment1055e5 are ￿Ver5ed if, 8nd only if, the reasons for the impairment loss have ceased to apply.
whe￿ an impairment loss subsequently reverses. the carryinE arnount of the asset Is Incre8sed to the revlsed estimate
of its recoverable 3mount, but so that the Increased carrying amount does not exceed the tarrying amount thar would
have been determined had no impalrment loss been recognised for the asset in prior year5. A reversal of 3n impairment
loss is recoenised immediatelyj unless the relevant a55et 15 carried ar a rev81ued amount. in which case the reversal ol
the impairment loss Is treated as a revaluation incre45e.
1.10 Stocks
Stocks are stated at the lower ol cost and estimated Selling price less costs to complete and sell. Cost compri5e5 direct
materials and, where applicable. direct labour costs and those overheads that have been incurred in bringing the stocks
to their present lotation and conditlon. Items held for distributvjn at no or nominal conslderatlon are measured the
lower of replacement cost and cost.
Net reallsable vaSue is the estirnated selling prlte less all estlmated costs of completion and cost5 to be incurred In
marketing. selling and distribution.
1.11 Cash and ¢ash e4ulvalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments
with orlgSnal maturities ol three month5 or less, and bank overdrafts. Bank overdrafts are shown within borrowings in
1.12 F5nan£lal Instruments
The charlty has elected to apply the provisions of Sectlon 11 'Baslc Flnanclal Instruments, and Section 12 '0ther
Flnancial Instruments Issues, of FRS 102 to all of its financial instrurnentS.
Flnanclal instruments are reco8nised in the charity's balance sheet when the charity becomes party to the contractU31
provisions of the instrument.
Financial assets and liabilities a￿ offset, wfth the net amounts presented in the linanclal statements, when there Is 8
legally enforceable right to set off the recogni5ed amounts and there Is an Intention to settle on a net ba515 or to realise
the asset and settle the Ilabllity simultaneou51y.
BosicAlnumclolossets
Basic financial assets, which Include debtors and cash and bank balances, are initially measured at tr8nsaction price
including transaction cost5 and Bre subsequently carried at amortiseLI cost using the effective interest method unless
the arrangement constitutes a financing tron5OCtion, where the transaction is measured at the present value of the
future receipts discounted at a market rate of interest. Financial assets classlfied as receivable wlthin one year are not
amort15ed.
14-

THE AMMERDOWN CENTRE
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
FOR THE YEAR ENDED 31 DECEMBER 2021
Accounting poli¢les
Icontinuedl
Bosicfintiftcitsllitsbilities
Basic financial liabilities, including trÈditors and bank 103ns are In5tlally recognised at transaction price unless the
arran8ement consiitutes a financing transaction, where the debt in5trum@nt is measured at the present value of the
future receipts discounted at 8 market rate ol interest. Financial liabilitie5 classified 35 payable within one year are not
amort15ed.
Trade creditors are obli8ations to pay for goods or services that have been acqulred In the ordlnary course of operatlons
from suppliers. Amounts payabl& are classified as current liabilities if payment is due wlthin one year or less. If nol, they
are presented as Don-current liabilities. Trade creditors are recoenised initially at transaction price and Subsequently
measured at amortised cost using the effectivè interest method.
Borrowings consist wholly of a public benefit concesslonary loan. Publlc beneflt concessionary loans are loans received
bÈtweÉn a publlc benefit entity and another party at below the prevalling market rate of Interest and that are not
repayablÈ on demand and are for the purposes of furthering the objectives of the public benefit entity.
The accounting treatment for concÉsslonary loans is to initially measure these arrangement5 at the 3mount receivèd or
paid and recognise thern in the statement of financial p051tion. Subsequent years. the carrying amount of con£es5ionary
loans the tin8t)cial statements sh311 be adjusted to reflect accrued interest payable or receivable.
Derecognltlon ofJinanciolliubillties
Financi31 liabilitles are dÈrecognised when the charity's contractual obligations explre or are dlscharEed or cancelled.
1.13 Employee benellts
The cost of any unused holiday entitlement is recognised in the perlod In whlch the employee's servlces are received.
Termin3tion beneflts are ￿co&n[sed immedlatety as an expense when the charity 15 dernonstrably committed to
termlnate the employment of an employee or to priJvidÈ termination benefits. fermin8tion benefits are mezsured at
the best estlmare of the expenditure that would be required to settle the Obli￿tIOn at the reportlng date.
1.14 Retirement beneflts
Payments to defined contribution retirement benefit schemes a￿ charged as an expense as theyfall due.
1.15 Government grants
Government grant5 are recoEnis@d at the fair value of the èsset received or re￿1¥able when there is rea50nab
assurance thèt the grant conditions will be met and the grants wlll be recelved.
Governrnent grant5 ￿l&ting to turnover are recognlsed as Incorne over the period5 when the related costs are Incurred.
Grants relatlng to an asset are recogni5ed in Intome systematically over the asset's expected useful life. If part of such a
grant is deferred It Is recognised as deferred income rather than being deduttÈd from the asset's carrying amount.
15-

THE AMMERDOWN CENTRE
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
FOR THE YEAR ENDED 31 DECEMBER 2021
Crltlcal accountlng estlmates and ludgernents
In the application of the charitrfs aitounting pollcles, the trustees are required to rnake judgements, estimates and
assumptions about the carryin8 amount ol asset5 and liabilities that are not readily apparent from other sources. The
e5tirnates and 8ssoclated assumptions are based on historical experience and other factors that are considered to be
relevant. Actual ￿su7t$ may differ from these estimates.
The estlmates and underlylng assumptions are reviewed on an ongolng basis. Revisions to accounting e5timate5 are
retognisÈd in the perlod in which the estimate is revised where the revision affects only that period, or in the Feriod of
the revision and future periods where the revision affects both current 4nd future periods.
Key sources of estimation uncertaintv
The estimates and assumptions which have a significant rlsk of causing a material adjustment to the carrwng amount of
assets and liabilities 8re as follows..
Estirnated useful Ilves of tanglble Ilxed assets
In determining the Èstim3ted useful life the charity con5ider5 the expected physlcal wear and tear of the asset that
could lead to ob501e5cencè of the asset. Each year the charity review5 the above to establish If there Is any change In
the expected useful life ol tsngible assets.
Donatlons and legacles
Unrestricted
funds
2021
Restricted
funds
2021
Totsl
Total
2021
2020
Donatlons and glfts
Legacies receivable
Grants received
Govemement grants
43,956
9,503
11.387
55,343
9,503
13,172
49,731
17,594
203,180
14,070
150,844
13,172
49,731
103,190
24,559
127,749
385,688
Forthe year ended 310ecember 2020
367,447
18,241
385.688
Charitable activities
2021
2020
Ineomlne resources from charitable activitie5
Cott88e rental income
398,147
23,876
167,040
17,158
422.023
184,198
16-

THEAMMERDOWN CENTRE
NOTESTO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2021
Other tradlng actlvltles
2021
2020
Actlvltles for generatlng funds
19,074
6,270
In￿StMentS
Unrestrlcted
funds
2021
Restricted
fund5
2021
Total
Total
2021
2020
Rental Income
Income from listed investments
Income from uDli%ted investments
Interest ￿CeIVable
12,754
12,754
27,710
910
74
12,764
12,764
28,700
For the year Ènded 31 December 2020
28.626
74
28,700
Other income
2021
2020
OFGEM Grant
29.302
27.341
17-

THE AMMERDOWN CENTRE
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
FOR THE YEAR ENDED 31 DECEMBER 2021
Raislng funds
Unrestricted
lunds
RestTlCted
funds
Toial
2021
Total
2020
Property rental
Rentsl eKpenditure
10.460
10,460
6,054
Tradin
COSts
Other trading actlvltles
6.039
6,039
7,809
Investment mana
ement
3,290
1,096
4,386
4.058
19.789
1,096
2a,885
17,921
For the year ended 31 December 2020
Property rental
Tradlne costs
Investment mèn3gement
6,054
7,809
3,095
6,054
7,809
4,058
963
16.958
963
17,921
18-

THE AMMERDOWN CENTRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2021
Charitable activitles
2021
2020
Staff costs
Depreciatlon and loss on disposal of fixed assets
Course expenses
Other staff c05t5
Utilitie5 and household expÈnses
Telephone, postage and stationery
Travel costs
Advertlsing and marketing
Finance cost5
Maintenance and r@palrs
Contracts
Caterlng
Legal and professlonal
Accountancv
General expenses
VAT partial eKemption adjustments
160,967
62,521
30,708
4,225
113,348
22,079
339
386,374
58,954
24.668
1,581
69,884
20,314
335
1,945
2,306
18,461
5.943
23.982
12,660
2,300
13,412
7,964
2.002
3,258
48.886
2,712
194.237
7.255
2,350
3,070
37.880
695,837
651.083
Grant funding of activitie5 (see note 101
Share of governance costs (see note Ill
2,044
2,185
1.187
2,714
700,066
654,984
Analy515 byfund
Unrestrictèd funds
Restrlcted funds
689,124
10,942
700.066
For the year ended 31 December 2020
Unrestricted funds
Restrlcted funds
635.129
19.855
654,984
19-

THE AMMERDOWN CENTRE
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED}
FOR THE YEAR ENDED 31 DECEMBER 2021
10 Grants payable
2021
2020
Shelter
The Dairy House
131
621
131
621
Grants to individuals
1,913
566
2,044
1,187
11 Support costs
Support Costs
Governance
costs
2021
2020
Independent E¥aminer'5 fees
Trustees expenses
other costs
1.650
475
1.650
475
60
1.6LK)
1,054
2.185
2.185
2.714
Analysed between
Charitable activitles
2,185
2,185
2.714
Governance costs Sncludes payments of £1,650 for Independent Eyamlnatlon fees12020.'£1,6001.
In addition to the Indepèndent Examlnatlon fees ère fees payable to the independent examiner 01 £2,35012020..£2.3001
in respect of accountancy services and advice and E3,29012020..£3,0951 in respect of financial planning.
12
Trustees
One of the trustees lor any persons connected with them) recelved £91 reMuner3tion durin8the year12020..Enill.
Three of the trustee5, were reimbursed a total of E285 trèvÈllln8 expenses12020..£9201. £nil miS￿lIaneOuS expenses
12020..£141, and £60012020..£2501 course e¥pen5e5.
-20-

THE AMMERDOWN CENTRE
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
FOR THE YEAR ENDED 31 DECEMBER 2021
13 Employees
The average monthly Dumber of employees during the year was..
2021
Number
2020
Number
li
15
Employment cost$
2021
zozo
Wages and Salaries
Soci31 se(￿rItY costs
Other penslon costs
145,384
12,001
3,582
360,109
18,046
8,219
160,967
386,374
There were no employees whose annual remuneratlon was £60,000 or rTh)re.
14
Net gainslllo55e51 on investments
Unrestricted Endowmeni
funds
funds
general
2021
Totsl
Total
2021
2021
2020
Rev31uatlon ol Investments
Rev31uation of investment properties
17,847
108.219
9,454
27,301
108,219
2,288
47,808
126,066
9,454
135,520
50,096
For the year ended 31 December
2020
51.053
19571
50,096
-21-

THE AMMERDOWN CENTRE
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
FOR THE YEAR ENDED 31 DECEMBER 2021
15
TanBlble flxed assets
land and
building5
Plant and
machlnery
Flxtures,
fittings &
equipment
Total
Cost
At l January 2021
Additions
Dlsposals
1,855,900
244,114
21.263
16501
58,437
41,555
14,7931
2,158,451
62,818
15,4431
At 31 DecemkEr 2021
1,855,900
264,727
95.199
2.215,826
Depreciation and impairment
At l January 2021
Depreclatlon charyed In the year
Eliminated in respect of disw)sals
532,043
36,918
92.255
12,388
13111
31,282
12,035
13,9521
655,580
61,341
14,2631
At 31 December 2021
568.961
L04.332
39,365
712,658
Carrying amount
At 31 December 2021
1,286,939
160.395
55,834
1.503,168
At 31 December 2020
1,323,857
151,859
27,155
1,502,871
16 Investment propertv
2021
Fair value
At l Jènuary 2021
Net galns or losses through fair value adjustment5
702,718
108,219
At 31 December 2021
810.937
On 02 May 2018. the falr value of the Investment propertv Was arrived at on the basis of a valuation carried out by
Allen re5ident131 rural & country property lettlng agents. who are not connected with the charity. The valuation was
made on an open market value b3515 by location and referÈrttÈ to market èvidente of transactlon prlces for similar
properties. An has been applied by the directors 8t 31 December 2021 to reflect the increase in property prices In
Somerset per the UK House Price Index.
-22-

THE AMMERDOWN CENTRE
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
FOR THE YEAR ENDED 31 DECEMBER 2021
17
Flxed a55et Inve5trnents
Listed
Investments
Unlisted
investments
Total
Cost orvaluation
At I january 2021
Additions
329,572
27,301
7.997
14.3861
337,569
22.915
At 31 December 2021
356,873
3,611
360,484
CaTrylng amount
At 31 December 2021
356,873
3.611
360,484
At 31 December 2020
329,572
7.997
337.569
Materlal Investments
December
2021
Dlmenslonal Blobal short dated bond accurnu13tion
L&G all stocks index linked gilt index trust l accumulation
L&G International indeK trust institutional accurnulatlon
L&G UK index trust institutionzl accumulation
133,038
26,840
36.210
52
224 613
18
Flnanci81 instruments
2021
2020
Carrylng amount of flnan¢lal assefs
Instruments rneasurÈd at falrvalue through profit or loss
356,873
329,572
19
stocks
2021
2020
Flnlshed goods and goods for resale
3,649
5,600
23-

THEAMMERDOWN CENTRE
NOTES TO THE FINANCIALSTATEMENTS ICONTINUEDI
FOR THE YEAR ENDED 31 DECEMBER 2021
20 Debtors
2021
2020
Amounts lalling due wlthln one year:
Trade debtors
Other debtors
Prepayments and accrued Income
13,928
458
3.235
36,041
27,918
41,846
39,734
21
Loans and overdrafts
Z021
zozo
Debenture loans
34,110
48,500
Payable wlthln one ye8r
Payable after one year
34,110
14,390
34,110
Tht loons were mode by Lord Ftylton to Ammerdown on ulree-interest bJ515. Some of these loqns hove beer) converted
by LordHylton Into olfts. There Is no repoymentschedule in connection to the Ioiln.
22 Credltors: amounts lalllng dLtÈ wlthln one year
2021
2020
Note5
Borrowing5
Other taxation and soclal securlty
Deferred Income
Trade creditors
Other creditor5
Accruals and defer￿d Income
34.110
8,263
72,615
51,224
1,761
5.182
14.390
9,683
75,242
27,975
1,532
6,519
24
173,155
135,341
23
Credltors.. amounts falling due after more than oTre year
20ZI
2020
Borrowlngs
34,110
-24-

THEAMMERDOWN CENTRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2021
24
Deferred Income
2021
2020
Other deferred income
72.615
75.242
72,615
75,241
72,615
75,242
Movement in the year
2021
2020
At l January 2021
Amount released to income earned from charitable activities
Amount deferred in the year
75,242
175,2421
72,615
98.706
198.7061
75,242
At 31 DetrmLEr 2021
72.615
75,242
The deferred income ts from deposirs that have been made In advance of booklngs in future years.
25
Retlrement benefit schemes
DefJnÈd tontrlbutlon schemes
The charlty oper8res a defined contribution pension scheme for all qu3lifying employee5. The assets ol the scheme are
held separat@Iyfrom those of the charity In an independently 3dministered fund.
The charge to profit or loss in respect of defined contribution schemes was £3,82912020'.£8,2191.
At the year end, the Ammerdown Centre had outstandlng commitments of £1.122 in relation to the pension
contribution scherne. Thls included in credltors: amounts falling due withln one year under accruals.
25-

THEAMMERDOWN CENTRE
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
FOR THE YEAR ENDED 31 DECEMBER 2021
26 Endowment funds
Endowment funds represent assets which must be held permanently by the charity. Income arising on the endowment
fund5 can be used In accordance wSth the oblects of the charlty 8nd Is Included Bs unrestrlcted Income. Any capltal
gain5 or losses arisine on the assets form part of the fund.
MovÈmÈnt in funds
Intoming
Re50urce5 Galn51lLossesl
Balance at 31
Resources
Expended and Transfers December 2021
Balance at I
January 2021
Permanent endowments
Bursary fund
82,108
9,454
91,562
82,108
9,454
91,562
Prlor year
Movement in fund5
Incomlng
Resources GalnsllLossesl
Balance at 31
Resources
Expended
and Transfers December 2020
Balance at i
January 2020
Permanent endowments
8ursary fund
83.065
19571
82,108
83,065
19571
82,108
-26-

THE AMMERDOWN CENTRE
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
FOR THE YEAR ENDED 31 DECEMBER 2021
27
Restricted funds
The Income funds of the charfty Include restrlcted funds comprlslng rhe followlng unexpended balances of
donations and grants held on trust for Specif￿ purwse5.'
Movement irt funds
Incoming
Resources Transfers
Resources
Expended
Ualance at I
January 2021
Balance at 31
December 2021
Equlpment and refurblshment fund
Chapel fund
Bursaries
PÈaÈe Garden
Interfalth project
Toilet Twinning
Ken Biggs Memorial Garden
50th Blrthday Fund
NHS Retreat
4,140
622
907
518
594
20
1,271
14,7341
16221
12,1781
11081
11.4001
11801
20
410
26,475
13.172
186
4,000
2,500
1,058
1.758
38.247
4,000
2,500
11.0581
11.7581
32,662
24,559
112,0381
45,183
Prior year
MovÈmÈnt in funds
Resources Transfers
Expended
Balance at I
January 2020
Incoming
Resources
Balance at 31
December 2020
EquipmÈnt and refurbishment fund
a)apel fund
Bursaries
Peace Garden
Interfa5th prolect
5,314
622
3.000
14,1741
4,140
622
1,191
518
27,520
1.245
11.5291
907
518
14.070
115,1151
26,475
35,16S
18.315
120.8181
32,662
27-

THE AMMERDOWN CENTRE
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
FOR THE YEAR ENDED 31 DECEMBER 2021
27 Restricted funds
Icontinuedl
Equipment and refurbishment Fund - Money donated to help the Centre purchase small Items of equipment and
furnlshlngs to asslst wlth refurbishments.
Chapel Fund- Monles ralsed to enhance the spiritual experience of Ammerdown guests.
Bursary Fund - The income is used to asslst people on low incomes to attend courses run at the Arnmerdown
Centre.
Peace Garden Money don3ted to create a small peace garden.
Interfaith project- The Methodist Conference ralled the Methodist people to challenge raci5rn and dis¢rimlnation,'
to speak and att for healln& reconclllation and mutual respect In their own communities. The Ammerdown Project
seeks to do this by engaging with people who havÈ bÈen victims of raclèl abuse, partlcularly abuse related to their
faith, and with those projects that are eng3ged in addre55ing raciil injustice and working towards improved
ommunity intÈgratlon, to identify best practice and actively prornote its replication.
Toilet Twinning - Toilet Twinning is an Inlti8tlve which invltes people to twin their own toilet with latrilles in p￿r
communities. Ammerdown's aim 15 to twin all their toilet5.
Ken Blggs Memor181 Garden- A garden in memory for Ken Briggs, 3 long-standing member of Ammerdown frlends.
50th Birthday fund Ammerdown wlll be 50 In 2023. So, we WIIS be celebrating throughout the year with different
events.
NHS Retreat- A relaxing and nourishing break for Chaplin'5 that work in the NHS to stay at the Ammerdown Centre.
Defibrillator- Defibrillator fund to help buy on for the cent￿ and wider cotnrnunityto Use.
28
Analysls of net assets between funds
Unrestrlcted Restrlcted lunds
funds
Endowment
lunds
Yotal
Fund balances at 31 December 2021 are
represented by..
Tanglble assets
Investment properties
Investments
Current assets/lllabllltlesl
1.503,168
810,937
268,922
114,7161
1.503,168
810.937
360,484
3a,467
91,562
45,183
2.568,311
45,183
91,562
2.705,056
Prior year
Unrestrlcted Reslrlcted fund5
funds
Endowment
fund5
Total
Fund balances at 310ecember 2020 a
presented bv..
Tangible 3s5ets
Investment propertl&s
Investments
1.502,871
702,718
255,461
137,865
134.1101
1,502,871
702,718
337,569
170,527
134,1101
82.108
32.662
Long term liabilities
2,564,805
32,662
82,108
2,679,575
28-

THE AMMERDOWN CENTRE
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
FOR THE YEAR ENDED 31 DECEMBER 2021
29
OperatSng lease commltments
At the reporting end date the charity had outstanding commitments for future minimurn lease payments under non-
cancellable operating leases. which fall due as follows..
2021
2020
Within one year
Between two and five years
5,957
9,838
6,210
15.795
15,795
22,005
Arnounts recognised in the statement of financial activities 3$ a C05t during the period in respect of operating lease
arrangements amounted to E3.14212020..£2,0291.
30
Related party transactlOll5
At the year end £34,11012020..É48,5001 was due ro Lord Hylton who w8s a Trustee ol The Ammerdown Centre Limited.
There are no specific terffl5 and condition5 attached to this balancÈ. ThÈ aging of this balantè has been determined wlth
reference to the expectation that this balance will be gifted to The Ammerdown Centre during the year ended 31
December 2022 8nd hence £34.11012020..£14,3901 is disclosed within creditors, amounts falling within one year and
£nll12020.'E34,1101 Is dlsclosed wlthln credltors. amounts falllng due after more than one year.
31 Cash generated from operations
2021
2020
Surplus for the year
25,481
9,388
Adju5trnÈnts for..
Investment Income recognlsed in statement of ftnanclal actlvlties
Loss on disposal of tangible fixed assets
Fair value gains and losses on investment properties
Fair value gains Ènd losses on investments
Oepreclatlon and Impalrment of tanglble flxed assets
112,7641
1,180
1108,2191
122,9151
61.341
128.7001
147,8081
1.686
58.954
Movements in worklng c4pltal..
Decrease in stocks
Ilntreas@I In debtors
Increase/ldecreasel in cred5tor5
(Decrease) in deferred income
1,951
12.1121
20,721
12,6271
4,002
112,1711
116,6321
123,4641
Cash absorbed by operatlons
137,9631
154,7451
29-

THE AMMERDOWN CENTRE
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2021
32
Analysls of ¢hanzes In net funds
At ljènuary 2021
Cashllows
At 31 DecemJ>Èt
2021
Cash at bank and in hand
260.534
1102.4071
158.127
Loans falllng due wlthln one year
Loèns falling due after more than one year
114.3901
134.1101
119,7201
34,110
134,1101
212.034
188,0171
124,017
30-

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