## 

|Report ofthe Trustees incorporating|the Strategic Report|1-13|
|---|---|---|
|Report ofthe Independent<br>Auditors||14-17|
|Statement ofFinancial Activities||18|
|Balance Sheet||19-20|
|Statement ofCash Flows||21|
|Notes to Financial Statements||22-45|





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|The group's financial position at the end ofthe|The group's financial position at the end ofthe|year ended 31March 2022:|year ended 31March 2022:||
|---|---|---|---|---|
|The financial<br>position ofthe group at 31 March||2022 and comparatives<br>for the||prior period, as more|
|fully detailed<br>in the accounts, can be|summarised|as|follows:-||
||||2022|2021|
|Net income|||877,540|623,037|
|Unrestricted<br>revenue<br>funds available|for the general||purposes||
|ofthe group|||748,011|(689,581)|
|Unrestricted<br>fixed assets|||5,049,717|4,514,214|
|Total unrestricted<br>funds|||5,797,728|3,824,623|
|Designated<br>revenue funds|||275,000||
|Total designated<br>funds|||275,000||
|Restricted revenue<br>funds|||324,535|738,300|
|Restricted fixed asset funds|||20,790,032|21,746,832|
|Total restricted<br>funds|||21,114,567|22,485,132|
|Totalfunds|||27,187,295|26,309,755|



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|approval ofthe r|eport and during the accounting<br>period were as follows:|eport and during the accounting<br>period were as follows:|
|---|---|---|
|Executive Senior <br>H Francis|Management<br>Team:<br>Chief Executive Officer (Director), left 8'" March 2022||
|Dr N De Vere|Head of|Science, Conservation<br>and Research, left 31August 2021|
|W Ritchie|Curator,|left 28'" December 2021|
|A Summers<br>SC Evans|Curator, <br>Interim|appointed<br>1November<br>2021<br>Director (from 8'" March 2022) &Head of Finance|
|D Cattell|Head of|Facilities, left 28 December 2021|
|D Hardy|Head of|Marketing<br>and Communications|
|M Ward|Head of|Trading and Admissions,<br>left 28 December 2021|
|C Williams|Head of|Hospitality|





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|||||||Total|Total|
|---|---|---|---|---|---|---|---|
||||Note|Unrestricted|Restricted|funds|funds|
|||||funds|funds|2022|2021|
|||||E|E||f|
|Income and endowments||from:||||||
|Donations<br>and legacies||||748,755|24,220|772,975|1,029,547|
|Charitable<br>activities||||1,652,675|2,558,196|4,210,871|3,536,183|
|Investment<br>income||||2,737||2,737|3,135|
|Other trading activities||||1,150,933|4,380|1,155,313|407,244|
|Total income and endowments||||3,555,100|2,586,796|6,141,896|4,976,109|
|Expenditure<br>on:||||||||
|Raising funds||||1,075,336||1,075,336|317,207|
|Charitable<br>activities||||2,151,300|2,037,720|4,189,020|4,035,865|
|Totol expenditure||||3,226,636|2,037,720|5,264,356|4,353,072|
|Netincomef(expenditurel||||328,464|549,076|877,540|623,037|
|Transfers between|funds||19,21|1,919,641|(1,919,641)|||
|Net movementin<br>funds||||2,248,105|(1,370,565)|877,540|623,037|
|Reconciliation ofFunds||||||||
|Total funds brought|forward||19,21|3,824,623|22,485,132|26,309,755|25,686,718|
|Total funds carried|forward||21,22|6,072,728|21,114,567|27,187,295|26,309,755|





|||||2022||2021||
|---|---|---|---|---|---|---|---|
||||Note|f||||
|Fixed assets:||||||||
|Tangible assets|||12||25,839,749||26,261,036|
|Current assets:||||||||
|Stocks|||14|124,597||100,507||
|Debtors|||15|441,137||721,418||
|Cash at bank|and in|hand||1,887,707||1,424,911||
|||||2,453,441||2,246,834||
|Liabilities:||||||||
|Creditors: Amounts||falling due within||||||
|one year|||16|(1,020,210)||(749,432)||
|Net current assets|||||1,433,231||1,497,404|
|Net assets|||||27,272p980||27,758,440|
|Creditors: Amounts||falling due after||||||
|one year|||17||(85,685)||(1,448,685)|
|Total net assets|||||27,187,295||26,309,755|
|The funds of|the charity:|||||||
|Restricted income funds|||19||21,114,567||22,485,132|
|Unrestricted|funds|||||||
|General funds|||21|5,797,728||3,824,623||
|Designated|funds||20|275,000||||
||||||6,072,728||3,824,623|
|Total charity|funds||22||27,187,295||26,309,755|





||||2022||2021||
|---|---|---|---|---|---|---|
|||Note|E||||
|Fixed assets:|||||||
|Tangible assets||12||25,832,166||26,252,269|
|Investments||13||1||1|
|||||25,832,167||26,252,270|
|Current assets:|||||||
|Stocks||14|16,262||21,479||
|Debtors||15|493,109||788,502||
|Cash at bank and in|hand||1,885,276||1,422,006||
||||2,394,647||2,231,987||
|Liabilities:|||||||
|Creditors: Amounts|falling due within||||||
|one year||16|(960,801)||(734,630)||
|Net current assets||||1,433,846||1,497,357|
|Total assets less current llobllltles||||27,266,013||27,749,627|
|Creditors: Amounts|falling due after one||||||
|year||17||(85,685)||(1,448,685)|
|Total net assets||||27,180,328||26,300,942|
|The funds ofthe charity:|||||||
|Restricted income funds||19||21,114,567||22,485,132|
|Unrestricted<br>funds|||||||
|General funds||21|5,790,761||3,815,810||
|Designated<br>funds||20|275,000||||
|||||6,065,671||3,815,810|
|Total charity funds||22||27,180,328||26,300,942|





## 

|||||Note|2022|2021|
|---|---|---|---|---|---|---|
||||||E|E|
|Net cash provided<br>by operating<br>activities||||25s|2,412,319|1,794,812|
|Cash flows from investing octivitiesi|||||||
|Dividends,<br>interest and rents from investments||||5|2,737|3,135|
|Purchase ofproperty<br>plant and equipment||||12|(582,299)|(1,128,7721|
|Proceeds from disposal offixed assets|||||5,500||
|Net cash used in investing<br>activities|||||(574,062)|(1,125,637)|
|Cash flows from financing<br>activities:|||||||
|New finance||||25||3,000|
|Repayments<br>ofborrowing||||25|(1p375~460)|(6230)|
|Net cash (used in)/ from financing activities|||||(1,375,460)|(3,230)|
|Change in cash and cash equivalents|in the reporting|period|||462,797|665,945|
|Cash and cash equivalents<br>at the beginning ofthe reporting|||period||1,424,911|758,966|
|Cash and cash equivalents<br>atthe end|ofthe reporting|period||25|1,887,708|1,424,911|





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|Freehold|premises|and leasehold|land||%straight|line|
|---|---|---|---|---|---|---|
|Leasehold|premises||||%straight|line|
|Plant and|machinery|||4% - 33%|%straight|line|
|Motor vehicles||||10%- 25%|%straight|line|





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## 

|||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|
|||funds|funds|2022|2021|
|||E|E|E|E|
|Donations||109,532|24,220|133,752|130,083|
|Legacy||5,958||5,958|4,988|
|Grants||633,265||633,265|894,476|
|||748,755|24,220|772,975|1,029,547|
|rants were received|from the following|sources:||||
|||||Total|Total|
|||||2022|2021|
|||||E|E|
|Welsh Government|(Core)|||594,000|834,000|
|Welsh Government|—Rural Development|Wales||39,265|60,476|
|||||633,265|894,476|





||INCOME FROM CHARITABLE ACTIVITIES|INCOME FROM CHARITABLE ACTIVITIES|INCOME FROM CHARITABLE ACTIVITIES|INCOME FROM CHARITABLE ACTIVITIES|||||
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|Total|
||||||funds|funds|2022|2021|
||~Grou||||f|f|f|f|
||Admission fees||||1,102,839||1,102,839|365,107|
||Educational<br>and contract income||||86,187|4,769|90,956|38,683|
||Grants|||||2,553,155|2,553,155|2,811,702|
||Membership<br>income||||273,143||273,143|213,388|
||Other income||||22,290|272|22,562|40,582|
||Plant and seed sales||||168,216||168,216|66,721|
||||||1,652,675|2,558,196|4,210,871|3,536,183|
||Grants were received|from the||following|sources:||||
||||||Unrestricted|Restricted|Total|Total|
||||||funds|funds|2022|2021|
||Garou||||f|f|||
||Apprenticeship<br>Fund|||||23,000|23,000||
||European<br>Regional Development||||||||
||Fund|||||178,208|178,208|734,515|
||RHS Flourish<br>Fund|||||14,500|14,500||
||Welsh Government|Landfill Tax|||||||
||Community<br>Scheme|||||39,920|39,920||
||HMRC Job Retention|Scheme||||14,140|14,140|285,488|
||The National<br>Lottery|Heritage||Fund||138,058|138,058|978,725|
||The Waterloo Foundation|||||||111,000|
||Welsh Government|Capital Funds||||1,725,000|1,725,000|195,000|
||Welsh Government|COVID-19||||||148,293|
||Welsh Government|Enabling|Natural||||||
||Resources and Wellbeing|||||355,181|355,181|358,681|
||Welsh Government|Visit Wales—|||||||
||Brilliant Basics|||||65,148|65,148||
|||||||2,553,155|2,553,155|2,811,702|
|5.|INVESTMENT INCOME||||||||
||||||Unrestricted|Restricted|Total|Total|
||~dd<br>d<br>tt||||funds<br>f|funds<br>f|2022<br>f|2021<br>f.|
||Bank interest||||2.737||2,737|3,135|
||||||2,737||2,737|3,135|





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||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|2022|2021|
|||||E|E|f|
|Corporate|and wedding|income|36,834||36,834|1,787|
|Event income|||4,741||4,741|567|
|Food and drink sales|||726,231||726,231|211,647|
|Other sales|||1,392||1,392|700|
|Renewable|income||41,952||41,952|70,680|
|Rental income|||42,367||42'367|6,679|
|Sale ofgoods|||297,416|4,380|301,796|115,184|
||||1,150,933|4,380|1,155,313|407,244|



## 

||||Total|Total|
|---|---|---|---|---|
||||2022|2021|
||||E|E|
|Middleton|Garden|Limited|1,265,830|445,391|
|Horticulture|||43,928|29,581|
|Education|||63,022|10,082|
|Admission|and membership||1,468,903|650,578|
|Operations|and central||704,134|1,207,991|
|Fundraising|and events||4,543|767|
|Science|||4,741|2,447|
|Restricted|funds||2,586,795|2,629,272|
||||6,141,896|4,976,109|





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## 

## 

||Raising||||Total|Total|
|---|---|---|---|---|---|---|
||funds<br>E|Direct<br>E|Support<br>E|Governance<br>f|2022<br>E|2021<br>f|
|Advertising<br>and|||||||
|marketing|46,849|22,194|120||69,163|49,303|
|Audit fees||||12,028|12,028|12,500|
|Bad debt|||1,878||1,878|(1,445)|
|Catering consumables|28,773||||28,877|6,650|
|Cleaning<br>and waste|||||||
|management|1,044|34,007|3||35,054|20,620|
|Depreciation|3,574|966,623|19,426||989,623|979,476|
|Educational<br>and research|||||||
|expenditure|52|27,326|||27,378|22,366|
|Equipment<br>hire, repairs|||||||
|and maintenance|18,178|121,556|378||140,112|78,186|
|Event and attraction|||||||
|expenses|18,686|921|18||19,625|408|
|Farm expenses|12,473|999|||13,472|11,787|
|Health and safety|5|2,908|||2,913|6,532|
|Horticulture<br>costs|678|83,435|||84,113|150,518|
|Insurance||72,346|||72,346|53,533|
|Interest, card and bank|||||||
|charges|11|248|34,581||34,883|19,214|
|ITcosts|2,450|32,863|26,749||62,062|59,955|
|Lease costs||505|5,557||6,062|5,944|
|Legal and professional|||||||
|fees|2,539|117,096|33,122||152,757|103,981|
|Light, heat, power|1,206|215,535|49||216,790|176,691|
|Loss on sale ofasset||8,463|||8,463||
|Other costs||8,154|1,418||9,629|3,465|
|Other staff and volunteer|||||||
|costs|4,979|60,728|55,239||120,946|68,036|
|Printing, postage,|||||||
|stationery|5,420|28,659|777||34,856|33,372|
|Premises repairs and|||||||
|maintenance|31.111|201,290|||232,401|236,089|
|Purchases|410,343|92,359|||502,702|147,635|
|Rent, rates and water||16,246|25||16,271|10,162|
|Subscriptions<br>and licenses|9,364|11,420|2,109||22,893|16,378|
|Telephone<br>and mobiles|127|17,533|701||18,361|16,605|
|Translation<br>and|||||||
|interpretation|150|36,659|||36,809|15,492|
|Travel and subsistence|561|17,206|146||17,913|6,417|
|Wages and salaries|476,663|1,494,563|302,750||2,273,976|2,043,201|
||1,075,336|3,691,946|485,046|12,028|5,264,356|4,353,072|





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||||2022f|2021<br>E|
|---|---|---|---|---|
|Middleton|Garden Limited||1,184,602|426,545|
|Horticulture|||459,159|321,726|
|Education|||74,795|56,332|
|Admission|and membership||146,640|63,678|
|Operations||and central|1,088,770|617,003|
|Fundraising||and events|145,133|74,272|
|Science|||94,864|86,529|
|Interpretation|||32,673|30,054|
|Restricted|funds||2,037,720|2,676,933|
||||5,264,356|4,353,072|
|ET INCOME||FOR THE YEAR|||
|et income|forthe period was stated after charging:||||
||||2022|2021|
|~Grou|||f||
|Auditors<br>remuneration:|||||
|Audit fees|||11,028|11,500|
|Accountancy||services|1,000|1,000|
|Depreciation|||989,624|979,476|
|Operating|leases||10,505|11,175|



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||||Total|Total|
|---|---|---|---|---|
||||2022|2021|
||||E|E|
|Wages and salaries|||2,015,002|1,781,194|
|Freelance and contracted|labour||60,460|80,394|
|Social security costs|||128,359|119,335|
|Pension costs (defined contribution||scheme)|70,156|62,278|
||||2,273,977|2,043,201|





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|2022|2021|
|---|---|
|No.|No.|
|113|102|
|113|102|



||||2022|2021|
|---|---|---|---|---|
||||No.|No.|
|Charitable|activities||78|73|
|Fundraising||activities|1||
|Management||and administration|12|13|
||||91|86|



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## 

|ANGIBLE FIXEDASSETS|||||
|---|---|---|---|---|
||||Fixtures,||
||||fittings,||
||Land and|Plant and|vehicles and||
|~Grou|buildings|machinery|plants|Total|
|||E|E||
|Cost|||||
|At 1April 2021|29,849,567|9,347,350|2,446,964|41,643,881|
|Additions|229,993|255,959|96,348|582,300|
|Disposals|(1,445)|(28,810)|(202,486)|(232,741)|
|At 31March 2022|30,078,115|9,574,499|2,340,826|41,993,440|
|Depreciation|||||
|At 1April 2021|9,767,755|4,533,677|1,081,413|15,382,845|
|Charge forthe year|495,326|410,597|83,701|989,624|
|Disposals|(405)|(27,778)|(190,595)|(218,778)|
|At 31March 2022|10,262,676|4,916,496|974,519|16,153,691|
|Net book value|||||
|At 31March 2022|19,815,439|4,658,003|1,366,307|25,839,749|
|At 31March 2021|20,081,812|4,813,673|1,365,551|26,261,036|
|~Charit|||||
|Cost|||||
|At 1April 2021|29,849,567|9,336,249|2,443,452|41,629,268|
|Additions|229,993|254,712|96,348|581,053|
|Disposals|(1,445)|(28,810)|(202,486)|(232,741)|
|At 31March 2022|30,078,115|9,562,151|2,337,314|41,977,580|
|Depreciation|||||
|At 1April 2021|9,767,755|4,528,244|1,081,000|15,376,999|
|Charge for the year|495,326|408,165|83,702|987,193|
|Disposals|(405)|(27,778)|(190,595)|(218,778)|
|At 31March 2022|10,262,676|4,908,631|974,107|16,145,414|
|Net book value|||||
|At 31March 2022|19,815,439|4,653,520|1,363,207|25,832,166|
|At 31March 2021|20,081,812|4,808,005|1,362,452|26,252,269|





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## 


||||2022|2021|
|---|---|---|---|---|
|||||E|
|Profit and Loss Account|||||
|Turnover|||1,267,665|445,391|
|Expenditure|||(1,184,589)|(426,545)|
|Operating<br>profit|||83,076|18,846|
|Statement ofChanges|in Equity||||
|Balance brought forward|||8,769|8,179|
|Profit and total comprehensive||income|||
|forthe period|||83,076|18,846|
|Distributions<br>to parent|charity under gift||||
|aid|||(84,879)|(18,256)|
|Balance carried forward|||6,966|8,769|
|Capital and Reserves:|||||
|Reserves|||6,965|8,768|
|Share capital|||1|1|
||||6,966|8,769|





## 

|14.|STOCK||||
|---|---|---|---|---|
||||Total|Total|
||||2022|2021|
||~6rou||6|f|
||Stock||124,597|100,507|
||||124,597|100,507|
||Chailthi,||||
||Stock||16,262|21,479|
||||16,262|21,479|
|15.|DEBTORS||||
||||Total|Total|
||~6rou||2022|2021f|
||Trade debtors||22,266|9,183|
||Prepayments||107,823|57,554|
||Other debtors||311,048|654,681|
||||441,137|721,418|
||Chaiity||||
||Trade debtors||22,266|9,183|
||Prepayments||107,823|57,554|
||Other debtors||311,048|654,681|
||Amounts|owed by group undertakings|51,972|67,084|
||||493,109|788,502|





## 

## 

## 

||||||Total|Total|
|---|---|---|---|---|---|---|
||||||2022|2021|
|~Grou|||||E|f|
|Bank loans and overdrafts|||||13,000|25,460|
|Trade creditors|||||452,270|332273|
|Deferred income|||||40,040|466|
|Accruals|||||502,511|389,703|
|Other creditors|||||12,389|1,530|
||||||1,020,210|749,432|
|~Charit|||||||
|Bank loans and overdrafts|||||13,000|25,460|
|Trade creditors|||||392,861|317,995|
|Deferred income|||||40,040|466|
|Accruals|||||502,511|389,179|
|Other creditors|||||12,389|1,530|
||||||960,801|734,630|
|Deferred Income|relates to:||||||
|Deferred income|relates to wedding,|education,||rental income and grants received<br>in advance|||
|relating tothe 2022/23 financial year.|||||||
|Movement<br>in deferred income|||||||
||||||2022|2021|
|~Grou|||||E|f|
|Balance at the start ofthe reporting||period|||466|139,221|
|Amounts<br>added|in current period||||81,941||
|Amounts<br>released to income from||previous|periods||(42,367)|(138,755)|
|Balance at the end ofthe reporting||period|||40,040|466|
|~Charit|||||||
|Balance at the start ofthe reporting||period|||466|136,745|
|Amounts<br>added|in current period||||81,941||
|Amounts<br>released to income from||previous|periods||(42,367)|(137,211)|
|Balance at the end ofthe reporting||period|||40,040|466|





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## 

## 

|||||||||||Total|Total|
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||2022|2021|
|&~&C&||||||||||6|f|
|Loans||||||||||85,685|1,448,685|
|||||||||||85,685|1,448,685|
|The balance can be broken down as follows:||||||||||||
|Less than one year||||||||||13,000|25,460|
|Between 2and 5years||||||||||85,685|1,448,685|
|||||||||||98,685|1,474,145|
|Loans included<br>in|the above||include f80,000due to Welsh Government|||||which||is due to be repaid<br>in||
|2027 and has no|interest|attached to it and f18,685(2021:f31,145)due|||||||to The Esmee Fairburn|||
|Foundation<br>which|is due|to be repaid<br>in 2023||and carries a 6%interest||||charge.||||
|ASSETSOFTHE CHARITY CHARGED TO MEET||||ITS LIABILITIES||||||||
|A legalrnortgage|is in place on the company's|||freehold||land and leasehold|||buildings<br>in favour ofThe|||
|National<br>Lottery Communities|||Fund to secure|all monies and liabilities||||advanced<br>by the|||Fund to the|
|company.<br>This mortgage||restricts the use of the assets to that of|||||a|botanical<br>garden.|||The Welsh|
|Government<br>and|Lombard||Property<br>Facilities||Limited|also have|legal||charges<br>over||part of the|
|leasehold<br>and freehold||land|ofthe company.||NatWest|Bank has a|registered|||debenture,|but there|
|are currently<br>no borrowings|||outstanding.|||||||||
|||||||||||Total|Total|
|||||||||||2022|2021|
|||||||||||E|f|
|Amount secured|is estimated to be:||||||||19,815,439||21,915,389|





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## 

## 

||||Balance at||||Balance at|
|---|---|---|---|---|---|---|---|
||||1April||||31March|
|G~dh<br>tt|||2020<br>f|Income<br>f|Expenditure<br>f|Transfers<br>f|2021<br>f|
|Fixed Asset Fund|||21,640,510|195,000|(939,741)|851,063|21,746,832|
|Growing the Future|||463,007|545,715|(533,956)|(13,485)|461,281|
|Regency Restoration|||158,900|741,025|(247,102)|(709,604)|(56,781)|
|Apprenticeship<br>Scheme|||131,522|38,260|(62,475)||107,307|
|The Waterloo Foundation||/||||||
|Borneo|||2,265||(25)||2,240|
|Welsh Government-|Sundry||2,750||||2,750|
|Caru Natur Cymru'/Biophilic||||||||
|Wales Project||||358,681|(313,781)||44,900|
|Postcode Lottery|||18,470||(669)||17,801|
|Sustainable<br>management||||||||
|scheme|||104,398|206,403|(123,082)|(28,917)|158,802|
|Coronavirus<br>Job Retention||||||||
|Scheme||||285,488|(285,488)|||
|I MS||||11,000|(15,025)|4,025||
|Heritage Lottery Emergency||||||||
|Fund||||247,700|(155,589)|(92,111)||
||||22,521,822|2,629,272|(2,676,933)|10,971|22,485,132|
|20.<br>DESIGNATED|FUNDS|||||||
||||Balance at||||Balance at|
||||1April||||31March|
|~dd dh|||2021<br>f|Income<br>f|Expenditure<br>f|Transfers<br>f|2022<br>f|
|General fund||||||125,000|125,000|
|Property asset||||||||
|development<br>fund||||||54,835|54,835|
|Project development|fund|||||95,165|95,165|
|||||||275,000|275,000|





## 

||||Balance at||||Balance at|
|---|---|---|---|---|---|---|---|
||||1April||||31March|
|~Grou|||2021<br>E|Incomef|Expenditure|Transfers<br>E|2022<br>f|
|General unrestricted||funds|3,824,623|3,555,100|(3,226,636)|1,644,641|5,797,728|
|Designated|funds|||||275,000|275,000|
||||3,824,623|3,555,100|(3,226,636)|1,919,641|6,072,728|
|Charity||||||||
|General unrestricted||funds|3,815,810|2,374,147|(2,043,837)|1,644,641|5,790,761|
|Designated|funds|||||275,000|275,000|
||||3,815,810|2,374,147|(2,043,837)|1,919,641|6,065,761|
||||Balance at||||Balance at|
||||1April||||31March|
||||2020|Income|Expenditure|Transfers|2021|
|~Grou|||E|f|E|E|F.|
|General unrestricted||funds|3,164,896|2,346,837|(1,676,139)|(10,971)|3,824,623|
||||3,164,896|2,346,837|(1,676,139)|(10,971)|3,824,623|
|~Chari||||||||
|General unrestricted||funds|3,156,718|1,918,577|(1,248,514)|(10,971)|3,815,810|
||||3,156,718|1,918,577|(1,248,514)|(10,971)|3,815,810|





## 

## 

## 

|ANALYSIS OF NET ASSETSBETWEEN FUNDS|ANALYSIS OF NET ASSETSBETWEEN FUNDS||||
|---|---|---|---|---|
||Unrestricted|Designated|Restricted|Total|
|~Grou|funds<br>E|funds|funds|2022f|
|Fixed assets|5,049,717||20,790,032|25,839,749|
|Net current assets|833,696|275,000|324,535|1,433,231|
|Long term liabilities|(85,685)|||(85,685)|
||5,797,728|275,000|21,114,567|27,187,295|
|Charithl|||||
|Fixed assets|5,042,134||20,790,032|25,832,166|
|Investments|1|||1|
|Net current assets|834,311|275,000|324,535|1,433,846|
|Long term liabilities|(85,685)|||(85,685)|
||5,790,761|27S,OOO|21,114,567|27,180,328|
|~previo iver|||||
|||Unrestricted|Restricted|Total|
|||funds|funds|2021|
|~Grou||E|E|f|
|Fixed assets||4,514,204|21,746,832|26,261,036|
|Net current assets||759,104|738,300|1,497,404|
|Long term liabilities||(1,448,685)||(1,448,685)|
|||3,824,623|22,485,132|26,309,755|
|~CharH|||||
|Fixed assets||4,505,437|21,746,832|26,252,269|
|Investments||1||1|
|Net current assets||759,057|738,300|1,497,357|
|Long term liabilities||(1,448,685)||(1,448,685)|
|||3,815,810|22,485,132|26,300,942|



## 



## 

## 

## 

## 

|The following|The following|operating|operating||leases|were in place as at31March 2022:|were in place as at31March 2022:|were in place as at31March 2022:|were in place as at31March 2022:|were in place as at31March 2022:|||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||||Total|Total|
|~Grou|||||||||||2022|2021|
||||||||||||E|E|
|Within one|year||||||||||10,505|11,175|
|Within two|to five years||||||||||11,284|16,&35|
||||||||||||21,789|28,010|
|Chaiitll|||||||||||||
|Within one|year|||||||||||5,474|
|Within two|to five years|||||||||||669|
|||||||||||||6,143|
|RECONCILIATION|||OF NET MOVEMENT IN|||||FUNDS TO NET CASH FLOW|||FROM OPERATING||
|ACTIVITIES|||||||||||||
|~Grou|||||||||||2022|2021|
||||||||||||E|E|
|Net income||forthe reporting||||period|||||877,540|623,037|
|Adjustments||for:|||||||||||
|Depreciation||charges|||||||||989,624|979,477|
|Loss/(gain)|on disposal||||||||||8,463|3,550|
|(Increase) /||decrease||in|stocks||||||(24,090)|7,846|
|(Increase) /||decrease||in|debtors||||||280,281|303,283|
|Decrease<br>in||creditors|||||||||283,238|(119,246)|
|Dividends,|interest and||||rents from investments||||||(2,737)|(3,135)|
|Net cash provided<br>by||||operating|||activities||||2,412,319|1,794,812|
|Anal sisof|Ca h||and Cash E uivalents||||||||||
|Cash in hand|||||||||||1,887,707|1,424,911|
|Total Cash|and Cash Equivalents||||||||||1,887,707|1,424,911|
|Anal<br>sis ofcha|||es in|net funds|||||||||
||||||||||At 1|New|Cash|As at 31|
|||||||||April|2021|finance|flows|March 2022|
||||||||||E|E|E|E|
|Cash||||||||1,424,911|||462,796|1,8&7,707|
|Loans falling||due|within||one year|||(25,460)|||12,460|(13,000)|
|Loans falling||due|after|more than|||||||||
|one year||||||||(1,448,685)|||1,363,000|(85,685)|
|||||||||(49,234)|||1,838,256|1,789,022|





## 

## 

## 

|||||Total|
|---|---|---|---|---|
|||Unrestricted|Restricted|funds|
|||funds|funds|2021|
|||f|f|E|
|Income and endowments|from:||||
|Donations<br>and legacies||981,287|48,260|1,029,547|
|Charitable<br>activities||964,203|2,571,980|3,536,183|
|Investment<br>income||3,135||3,135|
|Other trading activities||398,212|9,032|407,244|
|Total income and endowments||2,346,837|2,629,272|4,976,109|
|Expenditure<br>on:|||||
|Raising funds||317,207||317,207|
|Charitable<br>activities||1,358,932|2,676,933|4,D35,865|
|Total expenditure||1,676,139|2,676,933|4,353,072|
|Net income/(expenditure)||670,698|(47,661)|623,037|
|Transfers between funds||(10,971)|10,971||
|Net movementin<br>funds||659,727|36,690|623,037|
|Reconciliation ofFunds|||||
|Total funds brought forward||3,164,896|22,521,822|25,686,718|
|Totalfunds carried forward||3,824,623|22,485,132|26,309,755|



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