#
##
##
|Trustees|||Nigel Jefferies||
|---|---|---|---|---|
||||Anthony
Sellwood||
||||KVWelch||
||||Eamonn
McGurk||
||||Philip Marshall||
||||Ralph Barber||
||||Edward
Helps||
||||Deborah
Barber||
|Secretary|||P Marshall||
|Charity number|||1010721||
|Company|number||02704407||
|Registered||office|Beaumont
House||
||||172 Southgate|Street|
||||Gloucester||
||||GL1 2EZ||
|Independent||examiner|Griffiths
Marshall||
||||Beaumont
House||
||||172 Southgate|Street|
||||Gloucester||
||||GL1 2EZ||
##
||||Page|
|---|---|---|---|
|Trustees'
report|||1-5|
|Independent
examiner's||report||
|Statement
offinancial|activities|||
|Balance sheet|||8-9|
|Statement
ofcash flows|||10|
|Notes to the financial|statements||11-22|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|---|
||||||funds|funds|2021|2020|
|||||Notes|F||||
|Income from:|||||||||
|Donations
and|legacies||||30,063|21,411|51,474|84,819|
|Other trading
activities|||||55,286||55,286|38,449|
|Investments|||||45,376||45,376|12,665|
|Total income|||||130,725|21,411|152,136|135,933|
|Ex enditure on:|||||||||
|Raising funds|||||12,199||12,199|10,666|
|Charitable
activities|||||56,278|8,667|64,945|50,770|
|Total resources expended|||||68,477|8,667|77,144|61,436|
|Net incoming|resources|before transfers|||62,248|12,744|74,992|74,497|
|Gross transfers|between|funds|||(788)|788|||
|Net income for the year/|||||||||
|Net movement|in funds||||61,460|13,532|74,992|74,497|
|Fund balances|at 1 March 2020||||736,585|36,830|773,415|698,918|
|Fund balances|at 28 February||2021||798,045|50,362|848,407|773,415|
##
##
##
|||||||2021||2020||
|---|---|---|---|---|---|---|---|---|---|
||||||Notes|F||||
|Fixed assets||||||||||
|Tangible assets|||||||499,363||497,896|
|Current assets||||||||||
|Stocks|||||12|522||595||
|Debtors|||||13|568,496||513,537||
|Cash at bank and||in|hand|||47,086||40,882||
|||||||616,104||555,014||
|Creditors:|amounts||falling due within|||||||
|one year|||||15|(120,489)||(93,043)||
|Net current|assets||||||495,615||461,971|
|Total assets less||current||liabilities|||994,978||959,867|
|Creditors:|amounts||falling due after|||||||
|more than|one year||||16||(146,571)||(186,452)|
|Net assets|||||||848,407||773,415|
|Income funds||||||||||
|Restricted|funds||||17||50,362||36,830|
|Unrestricted|funds||||||798,045||736,585|
||||||||848,407||773,415|
##
##
##
##
|||||||2021||2020||
|---|---|---|---|---|---|---|---|---|---|
||||||Notes|F||F||
|Cash flows from operating||||activities||||||
|Cash absorbed
by operations|||||21||(28,891)||(110,009)|
|Investing|activities|||||||||
|Purchase|oftangible
fixed|assets||||(5,400)||(560)||
|Investment|income received|||||45,376||12,665||
|Net cash generated
from||investing||||||||
|activities|||||||39,976||12,105|
|Financing|activities|||||||||
|Proceeds|of new bank loans|||||||65,000||
|Repayment|ofbank loans|||||(4,881)||(14,417)||
|Net cash|(used in)/generated|||from||||||
|financing|activities||||||(4,881)||50,583|
|Net increase/(decrease)||in|cash and||cash|||||
|equivalents|||||||6,204||(47,321)|
|Cash and|cash equivalents||at beginning||ofyear||40,882||88,203|
|Cash and|cash equivalents|||at end of|year||47,086||40,882|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|
|||funds|funds|2021|2020|
|Membership
Subscriptions||7,663||7,663|8,445|
|Donations - Cash at Events||100||100|337|
|Donations - General||4,470||4,470|20,322|
|Tax on Gift Aid Reclaimed||1,830||1,830|3,286|
|Oxenhall
Covenants|||791|791|733|
|Dymock Covenants|||1,708|1,708|1,407|
|Over Covenants|||5,545|5,545|5,426|
|Hereford Covenants|||5,956|5,956|7,257|
|Donations - Land Fund|||2,411|2,411|12,606|
|Radcliffe Trust|||5,000|5,000||
|Legacies||16,000||16,000|25,000|
|For the year ended 28 February|2021|30,063|21,411|51,474|84,819|
|For the year ended 29 February|2020|69,073|15,746|||
##
##
##
|Other trading
activities|||
|---|---|---|
||2021|2020|
|||F|
|Social events 8 donations|244|578|
|Rental income (Llanthony)|27,195|15,700|
|Rental income (Dymock)|4,250|3,150|
|Rental income (Hereford)|11,167|9,500|
|Rental income (Newent site)|4,225|2,450|
|Boat rental|171|191|
|Advertisement
signs|1,809|1,872|
|Advertising
-Wharfinger|2,502|2,277|
|Sales|2,453|1,297|
|Draws|1,270|1,434|
||55,286|38,449|
|||||2021|2020|
|---|---|---|---|---|---|
|||||F|F|
||Interest receivable||from The Wharf House Co Ltd|45,376|12,665|
|6|Raising funds|||||
|||||2021|2020|
||Fundraisin|and|ublici|||
||Wharfinger|and leaflets||7,331|7,403|
||Stocks for|events||73|1,041|
||Support costs (note 8)|||4,795|2,222|
||Fundraising|and publicity||12,199|10,666|
|||||12,199|10,666|
##
##
##
|||||2021|2020|
|---|---|---|---|---|---|
|||||F|F|
|Site costs||||27,596|18,629|
|Property|Maintenance||costs|3,542|8,498|
|Health, Safety &Welfare||||1,870|2,839|
|RBS Loan||Interest||10,562|9,991|
|||||43,570|39,957|
|Share of|support costs (see note 8)|||19,182|8,889|
|Share of|governance||costs (see note 8)|2,193|1,924|
|||||64,945|50,770|
|Analysis||by fund||||
|Unrestricted
funds||||56,278|50,770|
|Restricted||funds||8,667||
|||||64,945|50,770|
##
##
##
|Support costs||||||
|---|---|---|---|---|---|
||Support|Governance|2021|2020|Basis ofallocation|
||costs|costs||||
|Depreciation|3,933||3,933|2,806|20/80% Fund/CA|
|Insurance|5,141||5,141|3,765|20/80% Fund/CA|
|Administration|3,128||3,128|211|20/80% Fund/CA|
|Repairs 8 Maintenance|4,895||4,895|1,651|20/80% Fund/CA|
|Travelling||||37|20/80% Fund/CA|
|Legal 8 Professional|6,488||6,488|1,980|20/80% Fund/CA|
|Light 8 Heat|392||392|9|20/80% Fund/CA|
|Rates||||652|20/80% Fund/CA|
|Independent
Examiner's|||||Governance|
|fees||1,905|1,905|1,701||
|Trustees
Indemnity|||||Usage|
|Insurance||288|288|223||
||23,977|2,193|26,170|13,035||
|Analysed
between||||||
|Fundraising|4,795||4,795|2,222||
|Charitable
activities|19,182|2,193|21,375|10,813||
||23,977|2,193|26,170|13,035||
##
##
##
##
|11|Tangible fixed assets||||||
|---|---|---|---|---|---|---|
||||Land and|Plant and|Fixtures,|Total|
||||buildings|machinery|fittings &||
||||||equipment||
||Cost||||||
||At 1 March 2020||492,296|55,514|7,456|555,266|
||Additions|||5,400||5,400|
||At 28 February 2021||492,296|60,914|7,456|560,666|
||Depreciation
and impairment||||||
||At 1 March 2020|||50,264|7,106|57,370|
||Depreciation
charged|in the year||3,829|104|3,933|
||At 28 February 2021|||54,093|7,210|61,303|
||Carrying
amount||||||
||At 28 February 2021||492,296|6,821|246|499,363|
||At 29 February 2020||492,296|2,242|350|497,896|
|2021|2020|
|---|---|
|522|595|
##
##
|13|Debtors|||||
|---|---|---|---|---|---|
|||||2021|2020|
||Amounts
falling due within||one year:|F|F|
||Trade debtors||||12,271|
||Other debtors||||3,286|
||Prepayments|and accrued income||4,373|2,607|
|||||4,373|18,164|
|||||2021|2020|
||Amounts
falling due after||more than one year:|F||
||Amounts
owed by subsidiary||undertakings|564,123|495,373|
||Total debtors|||568,496|513,537|
|14|Loans and overdrafts|||||
|||||2021|2020|
||Bank loans|||225,959|230,840|
||Payable
within|one year||79,388|79,388|
||Payable after|one year||146,571|151,452|
##
|Creditors: amounts
f|alling due within one ye|ar|||
|---|---|---|---|---|
||||2021|2020|
|||Notes|F||
|Bank loans||14|79,388|79,388|
|Trade creditors|||55|8,457|
|Other creditors|||35,730||
|Accruals and deferred|income||5,316|5,198|
||||120,489|93,043|
##
##
##
|16|Creditors: amounts|falling due after more than one year||||
|---|---|---|---|---|---|
|||||2021|2020|
||||Notes|F|F|
||Bank loans||14|146,571|151,452|
||Other creditors||||35,000|
|||||146,571|186,452|
##
|||Balance at|Incoming|Resources|Funded|by the|Transfers|Balance at|
|---|---|---|---|---|---|---|---|---|
|||1 March 2020|resources|expended||Trust||28 February|
|||||||||2021|
|||||||||F|
|Perpetual|Endowment|2,000|||||5,000|7,000|
|Land Fund||7,840|2,411||||(5,000)|5,251|
|Mill Barn||26,990||||||26,990|
|Oxenhall|Covenants||791|(990)||199|||
|Dymock|Covenants||1,708|(2,297)||589|||
|Hereford|Covenants||5,956|(2,000)||||3,956|
|Over Covenants|||5,545|(3,380)||||2,165|
|Radcliffe|Trust||5,000|||||5,000|
|||36,830|21,411|(8,667)||788||50,362|
##
|Analysis of net assets between
funds|||||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total|
|||funds|funds||
|||2021|2021|2021|
|||F|F|F|
|Fund balances at 28 February 2021 are represented|by:||||
|Tangible assets||499,363||499,363|
|Current assets/(liabilities)||445,253|50,362|495,615|
|Long term liabilities||(146,571)||(146,571)|
|||798,045|50,362|848,407|
##
##
##
##
|Name of undertaking|Registered|Nature|of business|Class of|% Held|
|---|---|---|---|---|---|
||office|||shares held|Direct Indirect|
|The Wharf House Co Ltd||Property|rental|Ordinary f1|100.00|
||The Wharf House Co|Ltd|Ltd|||Property
rental
O|Property
rental
O|Property
rental
O|rdinary f1
1|00.00|
|---|---|---|---|---|---|---|---|---|---|---|
||The aggregate
capital|and reserves||and|the|result for the year of subsidiaries|||excluded
from|consolidation|
||was as follows:||||||||||
||Name of undertaking||Profit/(Loss)||||Capital and||||
||||||||Reserves||||
||The Wharf House Co|Ltd||(31,847)|||(376,144)||||
|21|Cash generated
from|operations|||||||2021|2020|
||||||||||F|F|
||Surplus for the year||||||||74,992|74,497|
||Adjustments
for:||||||||||
||Investment
income recognised||in statement|||of|financial|activities|(45,376)|(12,665)|
||Depreciation
and impairment||oftangible||fixed assets||||3,933|2,806|
||Movements
in working|capital:|||||||||
||Decrease
in stocks||||||||73|14|
||(Increase)
in debtors||||||||(54,959)|(170,178)|
||(Decrease)
in creditors||||||||(7,554)|(4,483)|
||Cash absorbed
by operations||||||||(28,891)|(110,009)|
##
##
|22|Analysis ofchanges
in net (debt)/funds|Analysis ofchanges
in net (debt)/funds|||||
|---|---|---|---|---|---|---|
||||At|1 March 2020|Cash flows|At 28 February|
|||||||2021|
|||||F|F||
||Cash at bank and|in hand||40,882|6,204|47,086|
||Loans falling due|within one year||(79,388)||(79,388)|
||Loans falling due|after more than one year||(151,452)|4,881|(146,571)|
|||||(189,958)|11,085|(178,873)|