||||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|
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|TRUSTEES||Mr TJ Vince (Chair|Mr TJ Vince (Chair|oftrustees|oftrustees|from 02.02.2021)|
|---|---|---|---|---|---|---|
|||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|||||
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|||||||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|
##
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|||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.|
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|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|
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||||||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|
##
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|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|
##
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||||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|
##
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|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|
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|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|
##
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||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|
##
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|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|
##
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|||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|
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