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||Year Ended|31 March 2021||
|---|---|---|---|
|Contents|||Page|
|Chair's
Overview
and Achievements||for the year|4|
|Acknowledgements,
External
Links, Mission Statement|||6|
|Reference and Administrative
Details|||6|
|Staff|||7|
|Board|||7|
|Structure,
Governance|and Management||7|
|Reserves|||7|
|Risk Management|||7|
|Statement
ofTrustees Responsibilities|||8|
|Statement
of Financial|Activities||9|
|Balance Sheet & Notes|||10|
|Independent
Examiner's|Report||18|
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|eference|and administrative
det|and administrative
det|ails|ails||
|---|---|---|---|---|---|
|Company|limited
by guarantee||Company
No. 3039299|||
|Registered||Charity|Charity
Registration
No.|1051680||
|VAT registered|||VAT No. 691317429|||
|Registered||office|331 Shooters
Hill|||
||||Welling|||
||||Kent|||
||||DA16 3RP|||
||||tel: 02083198900|||
||||email: admin
thewoodlandsfarmtrust||or|
||||website: www thewoodlandsfarmtrust||or|
|Bankers||HSBC (Bexleyheath)|The Co-operative
Bank|||
|||83 High Street|151 Lewisham
High Street|||
|||Sidcup|London|||
|||DA14 6DN|SE136AA|||
|Independent||examiner|Inman 8 Co, Chartered|Accountants||
||||71-75 Uxbridge
Road|||
||||London|||
||||W5 5SL|||
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|||Restricted|Unrestricted|Total|Total|
|---|---|---|---|---|---|
||Notes|Funds
f|Funds
f|2021|2020
f|
|Incoming
Resources||||||
|Incoming
resources
from generated|funds:|||||
|Voluntary
Income
Activities for generating
funds
Investment
income|||41,650
148
44,661|41,650
148
44,661|14,698
30,500
40,973|
|Incoming resources
from charitable|activities:|||||
|Grants||3,000|63,767|66,767|3,000|
|Farm & livestock sales|||14,153|14,153|37,994|
|Agricultural
payments
received
Fees received|||11,107
814|11,107
814|13,669
26,560|
|Other income|||2,722|2,722|2,700|
|Total incoming resources||3,000|179,022|182,022|170,094|
|Resources Expended||||||
|Costs ofgenerating
funds|||1,774|1,774|7,318|
|Charitable
activities||||||
|Farming
8 Conservation
Education|9
9|5,200
-|101,202
43,282|106,402
43,282|108,356
63,785|
|Governance
costs|10||8,646|8,646|8,370|
|Total resources expended||5,200|154,904|160,104|187,829|
|Net incoming
(outgoing) resources||(2,200)|24,118|21,918|(17,735)|
|Reconciliation
ofReserves||||||
|Funds brought
forward||418,291|107,130|525,421|543,156|
|Total funds carried forward||416,091|131,248|547,339|525,421|
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|||||Notes||2021f|f||2020
f|
|---|---|---|---|---|---|---|---|---|---|
|Fixed Assets||||||||||
|Tangible assets||||12||427,746|||438,716|
|Current Assets||||||||||
|Cash at bank|||||106,596||77,139|||
|Cash in hand|||||150|||150||
|Debtors|||||20,517||18,765|||
||||||127,263||96,054|||
|Creditors||||||||||
|Amounts
falling due within one year||||13|4,997||4,291|||
|Net Current Assets||||||122266|||91 763|
|Total Assets|Less Current||Liabilities|||550,012|||530,479|
|Creditors||||||||||
|Amounts
falling due after one year||||14||2,673|||5,058|
|Total Net Assets||||||547,339|||525,421|
|Reserves||||||||||
|Restricted reserves||||||||||
|Farm|fund restricted||reserves|15||415,691|||415,691|
|Other|restricted|reserves||15||400|||2,600|
|Unrestricted|reserves|||16||131,248|||107,130|
|||||||547,339|||525,421|
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|Plant and|machinery|20% Straight|Line|
|---|---|---|---|
|Computer|Equipment|33%Straight|Line|
|Motor Vehicles||20% Straight|I ine|
|Buildings||over 8 years||
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|||Restricted|Unrestricted|Total|Total|
|---|---|---|---|---|---|
|||||2021|2020|
||||||F|
|Donations|||39,660|39,660|12,075|
|Membership|Subscription||1,990|1,990|2,623|
||||41,650|41,650|14,968|
|3.INVESTMENT INCOME||||||
|||||Total|Total|
|||||2021|2020|
||||||E|
|Rent receivable||||44,625|40,811|
|Deposit account interest||||36|162|
|||||44,661|40,973|
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|.GRANT INC|OME||||||
|---|---|---|---|---|---|---|
||||||Transfer to||
|||||Expenditure|Unrestricted||
|||B/fwd|Grants|This Year|Funds|C/fwd|
|W. SocWoolmen||2,600|3,000|5,200|-|400|
|RB Greenwich|Covid grants||37,584|-|37,584||
|Job Retention|Scheme (Covid)||26,183|-|26,183||
|||2,600|66,767|5,200|63,767|400|
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|||Total|Total|
|---|---|---|---|
|||2021f|2020
6|
|Rural payments|agency|11,107|13,669|
|||11,107|13,669|
|6.STAFF COSTS||||
|The employment|costs ofstaff were as follows:-|||
|||Total|Total|
|||2021|2020|
||||8|
|Wages and salaries||75,493|87,126|
|Social security costs||2,396|4,791|
|Pension scheme||1,607|1,940|
|||79,496|93,857|
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|The operating|surplus|is stated after charging:-|||
|---|---|---|---|---|
||||Total|Total|
||||2021|2020|
||||6|f|
|Depreciation|—owned|assets|10,970|10,963|
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||||Charitable||Total|Total|
|---|---|---|---|---|---|---|
||||Actihnties|Governance
f|2021f|2020f|
|Wages
Utilities|||5,982||5,982|5,298|
|Auditors fees||||1,980|1,980|1,980|
|Legal 8, professional
Insurance||fees, bookkeeping|8,345|6,666|6,666
8,345|5,340
7,803|
|Telephone
Computer costs
Postage,
printing
Cleaning
Sundry expenses
Affiliation fees|and|stationery|1,053
3,000
1,848
7,621
2,122
1,015||1,053
3,000
1,848
7,621
2,122
1,015|948
2,808
4,360
8,501
4,898
926|
|Non-recoverable|VAT|||||6,146|
||||30,986|8,646|39,632|49,008|
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|2.TANGIBLE FIXEDASSET|S|||||
|---|---|---|---|---|---|
||Land &
~lid|Plant &
~M|
i|Computer
~E|Motor
Vehicles|Total|
|Cost||||||
|At 1 April 2020|450,970|30,344|7,427|40,147|528,888|
|Additions
-Cost||||||
|Less - Grants
Utilised||||||
|At 31 March 2021|450,970|30,344|7,427|40,147|528,888|
|Accumulated
Depreciation||||||
|At 1 April 2020|30,863|27,644|7,427|24,238|90,172|
|Charge for the year|4,416|1,451||5,103|10,970|
|At 31 March 2021|35,279|29,095|7,427|29,341|101,142|
|Net book value||||||
|At 31 March 2021|415,691|1,249||10,806|427,746|
|At 31 March 2020|420,107|2,700||15,909|438,716|
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|3.CREDITORS: AMOUNTS|FALLING DUE WITHIN ONE YEAR|||
|---|---|---|---|
|||Total|Total|
|||2021|2020|
||||f|
|Accrued expenses||2,664|3,330|
|PAYE||1,977|961|
|Pensions||356||
|||4,997|4,291|
|4.CREDITORS: AMOUNTS|FALLING DUE AFTER ONE YEAR|||
|||Total|Total|
|||2021|2020|
||||E|
|Loan for upkeep ofcattle||2,673|5,058|
|||2,673|5,058|
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|5.RESTRICTED RESERVE|S|||
|---|---|---|---|
|||Total|Total|
|||2021f|2020
f|
|Farm fund reserve
Specific funds not disbursed|on receipt|415,691
400
416,091|415,691
2,600
418,291|
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|6.REC|ONCILIAT|IO|N
|OF MOVEME|NTS
IN UNRESTRICTED|FUNDS||
|---|---|---|---|---|---|---|---|
||||||Unrestricted|Total|Total|
||||||Funds|2021f|2020
f|
|Surplus
Funds|(Deficit)
B/fwd|for|the|year|24,118
107,130|24,118
107,130|(15,335)
122,465|
||||||131,248|131,248|107,130|
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|7.ANALYSIS OF NET ASSETS BE|TWEEN FUNDS|||
|---|---|---|---|
||Unrestricted|Restricted|Total|
||Funds
f|Funds
f|Funds|
|Tangible fixed assets
Current assets
All liabilities
Net assets at 31 March 2021|12,055
126,863
~7,670
131,248|415,691
400
416,091|427,746
127,263
~7,670
547,339|
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