2021-03-31-accounts - Moggerhanger House Preservation Trust

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			Page
Reference and Administrative Details
Report ofthe Trustees		2	to	7
Trustees' Responsibility	Statement
Independent Examiner's	Report
Statement of Financial	Activities		10
Balance Sheet		11	to	12
Notes to the Flnanclal Statements		13	to	23

TRUSTEES		Mr TJ Vince (Chair	Mr TJ Vince (Chair	oftrustees	oftrustees
		Ms H F Dorey	(resigned		31.3.21)
		Dr R D Rows
		Mr G R Carter
		Ms M J Burt (resigned 23.2.21)
		Mr C D Vane-Percy		(resigned 25.11.20)
		Mr FW Firth (appointed			24.11.20)(resigned 1.8.21)
		Dr A N Menuge	(appointed 16.3.21)
		Mr K Ebbage (appointed			1.11.21)
		Ms RJ Broomhall (appointed 2.2.22)
		Ms J M Hewitt	(appointed		2.2.22)
REGISTERED	OFFICE	Moggerhanger	House
		The Park
		Moggerhanger
		Bedfordshlre
		MK44 3RW
REGISTERED	COMPANY	03439272 (England		and	Wales)
NUMBER
REGISTERED	CHARITY	1064907
NUMBER
INDEPENDENT	EXAMINER	George Hay Partnership			LLP
		Chartered Accountants
		Brlgham House
		High Street
		Biggleswade
		Bedfordshire
		SG18OLD
SOLICITORS		Edward Connor	Solicitors
		10The Point
		Market Harborough
		LE167QU
BANKERS		Yorkshire Bank
		7 Gold Street
		Northampton
		NN1 1EN
		Royal Bank ofScotland
		Bedford
		MK40 3EU

						2021	2020
				Unrestricted	Restricted	Total	Total
				fund	funds	funds	funds
			Notes	5	5	5	E
INCOME AND ENDOWMENTS		FROM
Donations	and grants		3	1,045,757	14,691	1,060,448	3,497
Charitable	activities
Admissions	and BookSales						529
Other trading activities			4	2,245		2,245	18,395
Investment	income		5	35418		35418	27002
Total				1,083,420	14,691	1,098,111	49,423
EXPENDITURE ON
Charitable	activities
Charitable	Expenditure			114,200	3,250	117,450	132,218
Governance	Costs			4,850		4,850	4,736
Other				16764	95726	112490	111.438
Total				135,814	98,976	234,790	248,392
NET INCOME/(EXPENDITURE)				947,606	(84,285)	863,321	(198,969)
RECONCILIATION OF FUNDS
Total funds	brought forward			648,092	6,029,777	6,677,869	6,876,838
TOTAL FUNDS CARRIED FORWARD				1 595,698	5 945,492	7541,190	6677869

		31	March 2021
					2021	2020
			Unrestricted	Restricted	Total	Total
			fund	funds	funds	funds
	Notes		8	f.	8	5
FIXEDASSETS
Tangible assets		12	138,637	752,574	891,211	997,057
Heritage assets		13		5,187,460	5,187,460	5,187,460
Investment property		15	1,650,059	3,000	1 653 059	484 000
			1,788,696	5,943,034	7,731,730	6,668,517
CURRENT ASSETS
Debtors		16	2,612		2,612	13,689
Cash at bank and in hand			96 161	2 455	98619	310,214
			98,773	2,458	101,231	323,903
CREDITORS
Amounts falling due within one	year	17	(106,711)		(106,711)	(99,341)
NET CURRENT ASSETS			~7938)	2 458	~5480)	224.562
TOTAL ASSETS LESSCURRENT
LIABILITIES			1,780,758	5,945,492	7,726,250	6,893,079
CREDITORS
Amounts falling due after more	than one year	18	(185,060)		(185,060)	(215,210)
NET ASSETS			1 505 698	5945492	7 541 190	6 677 869
FUNDS		21
Unrestricted funds:
General fund					1,595,698	648,092
Restricted funds:
Heritage Assets					5,187,460	5,187,460
Restoration of Moggerhanger	House and				758,032	842,317
Landscape
					5 945.492	6 029 777
TOTAL FUNDS					7541.190	6, 677869.

DONATIONS AND GRANT	S
			2021	2020
	Unrestricted	Restricted	Total	Total
	funds	funds 5	funds f	funds
Donations	981,757	3,380	985,137	2,335
Grants	64,000	~11 311	75311	1,162
	1,0~45 757	~14 691	1,0~60 448	3497

					2021	2020
			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
			F	F	f
Fundraising	events		310		310	1,962
Management	Charges		1,357		1,357	16,280
Rural Payments		Agency	578		578	153
			2 245		~2245	18395
INVESTMENT		INCOME
					2021	2020
			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
			8	E	5	5
Rents received			33,780		33,780	26,380
Deposit account interest			38		38	622
Bank Incentive		Fee	1,600		1 600
			~35 418		~35418	27002

CHARITABLE ACTIVIT	IES COSTS
			Direct
			Costs (see	Support
			note 7)	costs	Totals
			E
Charitable Expenditure			117,450		117,450
Governance Costs
				4,850	4,850
			117,450	4,850	122,300
DIRECT COSTS OF CHARITABLE		ACTIVITIES
				2021 f	2020 6
Staff costs				19,278
Building &Ground Maintenance Insurance				6,797 20,202	2,190 16,052
Light and heat Rates and Water				20,447 6,391
Waste				5,125
Telephone Bad Debt Provision - intercompany Group VAT Payable Legal and Professional Fees Sundries		(note 16)		3,617 22,492 (5,498) 10,592 360	48,143 52,737 7,022 1,244
Bank Charges Bank Loan Interest				16 ~7631	81 ~4749
				~117 450	132,218
NET INCOME/(EXPENDITURE)
Net income/(expenditure)	Is stated	after charging/(crediting):
				2021	2020
				f	E
Independent Examiners Fees Accountancy Fees Depreciation -owned assets				3,500 1,350 ~112 490	3,736 1,000 ~111 438

			for	the	Year	Ended 31 March	2021
10.	STAFF COSTS
								2021	2020
								6	6
	Wages and salaries							18,883
	Other pension costs							395
								19278
	The average monthly	number	of	employees		during the year	was as follows:
								2021	2020
	Landscape Gardener							1
	No employees received emoluments				in excess ofF60,000.
11.	COMPARATIVES FOR THE		STATEMENT			OF FINANCIAL	ACTIVITIES
							Unrestricted	Restricted	Total
							fund	funds	funds
							8	E	E
	INCOME AND ENDOWMENTS			FROM
	Donations and legacies						2,335	1,162	3,497
	Charitable activities
	Admissions and Book	Sales					529		529
	Other trading activities						18,244	151	18,395
	Investment income						27 002		27 D02
	Total						48,110	1,313	49,423
	EXPENDITURE ON
	Charitable activities
	Charitable Expenditure						132,218		132,218
	Governance Costs
							4,736		4,736
	Other						16,393	95,045	111,438
	Total						153,347	95,045	248,392
	NET INCOME/(EXPENDITURE)						(105,237)	(93,732)	(198,969)
	RECONCILIATION OF FUNDS
	Total funds brought	forward					753,329	6,123,509	6,876,838
	TOTAL FUNDS CARRIED FORWARD						648 D92	6 029 777	6 677 869

12.	TANGIBLE FIXEDASSETS
		Improvements		Fixtures
		to	Plant and	and
		property	machinery	fittings	Totals
		f.	E	8
	COST
	At 1 April 2020	1,191,886	32,462	210,923	1,435,271
	Additions			11644	6,644
	At 31 March 2021	1 191886	32 462	217567	1,441,915
	DEPRECIATION
	At 1 April 2020	233,157		205,057	438,214
	Charge for year	106668		5 824	112400
	At 31 March 2021	339823		210,881	550 704
	NET BOOK VALUE
	At 31 March 2021	852,063	32,462	6 686	891,211
	At 31 March 2020	958729	32 462	5.866	997057
13.	HERITAGE ASSETS
					Total
					8
	COST LESSIMPAIRMENT
	At 1 April 2020 and 31 March 2021				5 187460
	NET BOOK VALUE
	At 31 March 2021				5,187,460
	At 31 March 2020				5 187460

INVESTMENT PROPERTY
COST LESS IMPAIRMENT
At 1 April 2020	484,000
Additions	1~169,059
At 31 March 2021	1~653059
NET BOOK VALUE
At 31 March 2021	1~653059
At 31 March 2020	~484 000

	The 2021 valuations were made by the Trustees, on an open	The 2021 valuations were made by the Trustees, on an open	The 2021 valuations were made by the Trustees, on an open	market v	alue for existing	use basis.
	COST LESS IMPAIRMENT at 31 March 2021 is represented			by:		f
	Valuation	in 2009				234,035
	Valuation	in 2012				(100,000)
	Cost					1~519,024
						1 653059
16.	DEBTORS:AMOUNTS		FALLING DUE WITHIN ONE YEAR
					2021	2020
					8	F
					~2612	13689

	No	No	tes to the Financial Statements -continued for the Year Ended 31 March 2021	tes to the Financial Statements -continued for the Year Ended 31 March 2021
17.	CREDITORS: AMOUNTS		FALLING DUE WITHIN ONE YEAR
				2021	2020
				f	8
	Bank loans and overdrafts		(see note 19)	34,967	34,967
	Social security and other taxes			36,592	52,737
	Other creditors			4,815	4,815
	Accruals and deferred	income		30,337	6,822
				106,711	99341
18.	CREDITORS: AMOUNTS		FALLING DUE AFTER MORE THAN ONE YEAR
				2021	2020
				E	8
	Bank loans (see note	19)		143,836	173,986
	Other loans (see note	19)		~41 224	41,224
				185,060	~215210
19.	LOANS
	An analysis ofthe maturity		ofloans Is given below:
				2021	2020
				5	8
	Amounts falling due within		one year on demand:
	Yorkshire Bank Fixed	Rate	I oan	13,463	13,463
	Yorkshire Bank - Farm Loan			21 504	21 504
				34,967	34967
	Amounts falling between one and two years:
	Yorkshire Bank - 1-2years			7,568	22,140
	Yorkshire Bank Farm Loan CESW- Charles	Loan - 1-2years Whitbread		136,268 41,224	151,846 41,224
				185060	215 210
20.	SECURED DEBTS
	The following secured	debts are included		within creditors:
				2021	2020
				F	F
	Bank loans			178,803	173,986
	Other loans			41 224	41 224
				220,027	215,210

MOVEMENT IN FUNDS
					Net
					movement	At
				At 1.4.20	in funds	31.3.21
					6	8
Unrestricted funds
General fund				648,092	947,606	1,595,698
Restricted funds
Heritage Assets			5,187,460			5,187,460
Restoration of Moggerhanger and Landscape	House			842 317	~84 285)	758 032
			6	029 777	~84 285)	5,945.492
TOTAL FUNDS			6	077 869	863 321	7.541.190
Net movement In funds, included		In the above	are as follows:
				Incoming	Resources	Movement
				resou)'ces	expended	in funds
				6	8	5
Unrestricted funds
General fund			1,083,420		(135,814)	947,606
Restricted funds
Restoration of Moggerhanger	House
and Landscape				14,691	(98,976)	(84,285)
TOTAL FUNDS			1~098,111		~234 790)	863,321
Comparatives for movement	in	funds
					Net
					movement	At
				At 1.4.19	in funds	31.3.20
				F	8
Unrestricted funds
General fund				753,329	(105,237)	648,092
Restricted funds
Heritage Assets			5,187,460			5,187,460
Restoration of Moggerhanger and Landscape	House			936049	~93732)	842 317
			6123509		~93732	6 029777.
TOTAL FUNDS			~	876 838	~798969)	6,677.869

		Incoming	Resources	Movement
		resources f	expended f	in funds f
Unrestricted funds
General fund		48,110	(153,347)	(105,237)
Restricted funds
Restoration ofMoggerhanger	House
and Landscape		1,313	(95,045)	(93,732)
TOTAL FUNDS		49423	~248 392)	~198969)

A curren	t ye	ar 12 months and	prior year 12 mon	ths combined position is	as follows;
					Net
					movement	At
				At 1.4.19 f	In funds f	31.3.21 f
Unrestricted		funds
General	fund			753,329	842,369	1,595,698
Restricted		funds
Heritage	Assets			5,187,460		5,187,460
Restoration		of Moggerhanger	House
and Landscape				1136D49	~776 D17)	758 032
				6 123509	~778 D17	5 945 492
TOTAL	FUNDS			6,876 838	664 352	7,541 190

A current year 12 months an above are as follows:	d prior year 12 mo	nths combined net movem	ent in funds, i	ncluded In th
		Incoming	Resources	Movement
		resources	expended f	in funds f
Unrestricted funds
General fund		1,131,530	(289,161)	842,369
Restricted funds
Restoration of Moggerhanger	House
and Landscape		16,004	(194,021)	(178,017)
TOTAL FUNDS		1~147534	~483 182)	~664 352