2022-03-31-accounts - The Swannery Trust

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`Trustees`	`TheHonMrsTownshendDL`
	`JRTownshend`
	`MK` `Scrace`
`RegisteredCharityNumber`	`1040740`
`Workingname`	`TheFleetandSwanneryTrust`
`Principaladdress`	`TheEstateOffice`
	`MelburySampford`
	`Dorchester`
	`Dorset`
	`OT2OLF`
`Solicitors`	`CharlesRussellSpeechlysLLP`
	`5FleetPlace`
	`London`
	`EC4M7RD`
`Bankers`	`NationalWestminsterBankPlc`
	`2Hendford`
	`Yeovil`
	`Somerset`
	`BA201TN`
`independentExaminer`	`HannahMazrae`
	`SafferyChampnessLLP`
	`MidlandHouse`
	`2PooleRoad`
	`Bournemouth`
	`Dorset`
	`BH2 SQY`

		`2022`	`2022`	`2022`	`2021`
		`Restricted`	`Unrestricted`
	`Notes`	`funds`	`funds`	`Total`	`Total`
		`£`	`£`	`£`	`£`
`Income`
`Donationsandlegacies:`
`Donations` `Grantsreceivable`		`-` `.`	`27,953` `.`	`27,953` `.`	`30,759` `1,000`
`Othertradingactivities:`
`Interestreceivable`		`3`	`-`	`3`	`20`
`Miscellaneousincome`		`-`	`807`	`807`	`785`
`Totalincome`		`3`	`28,760`	`28,763`	`32,564`
`Expenditure`
`Costofraisingfunds:`
`FleetObserverexpenses`		`-`	`(1,000)`	`(1,000)`	`(1,000)`
`ExpenditureonCharitableactivities:`
`Employmentcosts`		`-`	`(25,189)`	`(25,189)`	`(24,404)`
`Conservationprojects`		`(3,527)`	`-`	`(3,527)`	`(134)`
`Supportcosts`		`(81)`	`(11,347)`	`(11,428)`	`(9,238)`
`Totalexpenditure`		`{3,608)`	`(37,536)`	`(41,144)`	`(34,776)`
`Netexpenditure`		`(3,605)`	`(8,776)`	`(12,381)`	`(2,212)`
`Fundbalancesat1 April2021`		`33,531`	`16,371`	`49,302`	`52,114`
`Fundbalancesat31March2022`		`29,926`	`7,595`	`37,521`	`49,902`

`1`	`Accountingpolicies`
	`Basisofaccounting`
	`Thefinancialstatementshavebeenpreparedunderthehistoriccostconvention.Theaccounts(financialstatements)have beenpreparedin`
	`accordancewiththeStatementofRecommendedPractice:AccountingandReportingbyCharitiespreparingtheiraccountsinaccordance`
	`withtheFinancialReportingStandardapplicableintheUKandRepublicofIretand(FRS102)effective`	`from1 January2019andtheFinancial`
	`ReportingStandardapplicableintheUnitedKingdomandRepublicoflretand{FRS 102)andtheCharitiesAct2011andUKGenerally`
	`AcceptedPracticeasitappliesfrom1 January2019.`
	`TheSwanneryTrustconstitutesa publicbenefitentityasdefinedbyFRS102.`
	`TheTrustees considerthattherearenomaterialuncertaintiesabouttheTrust’sabilitytocontinueas`	`agoingconcern.`
	`Preparationofa cashflowstatement`
	`ThecharityhastakentheexemptionprovidedinUpdateBulletin` `1` `updating` `Stat` `ofR`	`dedPractice:Accountingand`
	`ReportingbyCharitiespreparingtheiraccountsinaccordancewiththeFinancialReportingStandardapplicableintheUKandRepublicof`
	`Ireland(FRS102)allowingsmallcharitiesnottopreparea cash flowstatement.`
	`Incomingresources`
	`IncomeisrecognisedinthestatementoffinancialactivitiesintheperiodwhentheTrustbecomesfullyentitledtoreceiptandtheamount`
	`canbe` `edwithri` `ble` `certainty.IncomeisdeferredonlywhentheTrusthastofulfilconditionsbeforebecomingentitledtoitor`
	`wherethedonorhasspecifiedthattheincomeistobeexpendedina future period.Giftsinkindare`	`notrecognisedasincomingresources.`
	`Resourcesexpended`
	`Expenditureisincludedonanaccrualsbasis.`
	`Supportcostsrepresentexpenditureincurredinthegeneralrunningofthecharity;thesecostsarefullyattributabletocharitableactivities.`
	`Depreciation`
	`Depreciationisprovidedonalltangiblefixedassets,otherthanfreeholdland,towriteofftheircostoverestimatedusefullivesatthe`
	`followingrates:`
	`Plantandequipment:` `-between10%and33%perannumona reducingbalancebasis`
	`Motorvehicles:` `>25%perannumona reducingbalancebasis`
	`Fundaccounting`
	`FundsthatmaybeheldbytheTrustareeither:-`
	`Unrestrictedgeneralfunds~ thesearefundswhichcanbeusedbytheCharityinaccordancewiththe`	`charitableobjectivesatthediscretion`
	`oftheTrustees.`
	`Restrictedfunds— thesearefundsthatcanonlybeusedfora particularrestrictedpurposewithinthe`	`objectsoftheCharity.Restrictions`
	`arisewhenspecifiedbythedonororwhenfundshavebeenraisedforparticularrestrictedpurposes.`

`2`	`Staffcosts`
			`2022`	`2021`
			`£`	`£`
	`Salaries`		`22,877`	`22,601`
	`Pensioncosts`		`1,209`	`1,194`
	`Othercosts`		`1,103`	`609`
			`25,189`	`24,404`
	`NoTrusteereceivedanyremunerationfromtheTrust(2021:£nil).`
	`TheTrusthastwoemployees(2021:2).`
`3`	`Fixedassets`
		`Land`	`Plantand`	`Motor`	`Total`
			`equipment`	`vehicles`
		`£`	`£`	`£`		`£`
	`Costorvaluation`
	`At1 Apri!2021`	`4,117`	`9,200`	`11,975`	`25,292`
	`Additions`	`.`	`-`	`-`	`-`
	`Disposals`	`.`	`-`	`.`	`-`
	`At31March2022`	`4,117`	`9,200`	`11,975`	`25,292`
	`Depreciation`
	`At1 Apri!2021`	`:`	`6,942`	`7,882`	`14,824`
	`Chargefortheyear`	`-`	`504`	`914`	`1,418`
	`Eliminatedondispose!`	`-`	`-`	`-`	`-`
	`At31March2022`	`-`	`7,446`	`8,796`	`16,242`
	`Netbookvalues`
	`At31March2022`	`4,117`	`1,754`	`3,179`	`9,050`
	`At31March2021`	`4,117`	`2,258`	`4,093`	`10,468`