| Page | Page | |||
|---|---|---|---|---|
| Reference and Administrative Details |
||||
| Report ofthe Trustees | 2 | to | 7 | |
| Independent Examiner's |
Report | |||
| Statement ofFinancial | Activities | |||
| Balance Sheet | 10 | to | 11 | |
| Notes to the Financial Statements | 12 | to | 23 |
| TRUSTEES | Mr K Ebbage (appointed | Mr K Ebbage (appointed | 1.11.21) | 1.11.21) | |
|---|---|---|---|---|---|
| Mr G R Carter (resigned 21.2.23) | |||||
| Dr R D Rowe (resigned 10.10.22) | |||||
| Dr A N Menuge | (resigned | 21.2.23) | |||
| Mr TJ Vince (resigned 11.1.23) | |||||
| Mr F W Firth (resigned 1.8.21) | |||||
| Ms RJ Broomhall (appointed |
2.2.22) | ||||
| Ms J M Hewitt (appointed | 2.2.22) (resigned 21.2.23) | ||||
| Mr A BStupple | (appointed | 21.2.23) | |||
| Mr K P Pearson | (appointed 7.3.23) | ||||
| REGISTERED | OFFICE | Moggerhanger | House | ||
| The Park | |||||
| Moggerhanger | |||||
| Bedfordshire | |||||
| MK44 3RW | |||||
| REGISTERED | COMPANY | 03439272 (England and Wales) |
|||
| NUMBER | |||||
| REGISTERED | CHARITY | 1064907 | |||
| NUMBER | |||||
| INDEPENDENT | EXAMINER | George Hay Partnership | LLP | ||
| Chartered Accountants |
|||||
| Brigham House |
|||||
| High Street | |||||
| Blggleswade | |||||
| Bedfordshire | |||||
| SG18OLD | |||||
| SOLICITORS | Edward Connor |
Solicitors | |||
| 10The Point | |||||
| Market Harborough | |||||
| LE167QU | |||||
| BANKERS | Yorkshire Bank |
||||
| 7 Gold Street | |||||
| Northampton | |||||
| NN1 1EN |
| for th | e Year E | nded 31 March | 2022 | |||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| Unrestricted | Restricted | Total | Total | |||
| Notes | fund f. |
funds | funds f |
funds | ||
| INCOME AND ENDOWMENTS Donations and grants |
FROM | 3 | 49,753 | 188,849 | 218,602 | 1,060,448 |
| Other trading activities Investment income |
4 5 |
948 32,199 |
948 32,199 |
2,245 35418 |
||
| Total | 82,9110 | 168 840 | 251,749 | 10118111 | ||
| EXPENDITURE ON | ||||||
| Raising funds Raising donations and grants |
20 500 | 20,500 | ||||
| 20,500 | 20,500 | |||||
| Charitable activities Charitable Expenditure |
6 | 92,904 | 127,449 | 220,353 | 117,450 | |
| Governance Costs |
4,350 | 4,350 | 4,850 | |||
| Other | 15433 | 100060 | 115,493 | 112490 | ||
| Total | 112687 | 248 009 | 360 696 | 234,790 | ||
| NET INCOME/(EXPENDITURE) | (29,787) | (79,160) | (108,947) | 863,321 | ||
| RECONCILIATION OF FUNDS Total funds brought forward |
1,595,698 | 5,945,492 | 7,541,190 | 6,677,869 | ||
| TOTAL FUNDS CARRIED FORWARD | 1565911 | 5 866 332 | 7 432 243 | 7 541,190 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| fund | funds | funds | funds | |||
| Notes | 6 | 6 | 6 | |||
| FIXEDASSETS | ||||||
| Tangible assets | 12 | 123,435 | 686,519 | 809,954 | 891,211 | |
| Heritage assets | 13 | 5,187,460 | 5,187,460 | 5,187,460 | ||
| Investments | ||||||
| Investments | 14 | 1 | 1 | |||
| Investment property |
15 | 1,650 059 | 3 000 | 1,653,059 | 1,653,059 | |
| 1,773,495 | 5,876,979 | 7,650,474 | 7,731,730 | |||
| CURRENT ASSETS | ||||||
| Debtors Cash at bank and in hand |
16 | 22,801 15 |
25026 | 22,801 25041 |
2,612 98619 |
|
| 22,816 | 25,026 | 47,842 | 101,231 | |||
| CREDITORS | ||||||
| Amounts falling due within one |
year | 17 | (68,929) | (35,673) | (104,602) | (106,711) |
| NET CURRENT ASSETS | ~46.1)3) | ~)0 647) | ~56700) | ~5.480) | ||
| TOTAL ASSETSLESSCURRENT | ||||||
| LIABILITIES | 1,727,382 | 5,866,332 | 7,593,714 | 7,726,250 | ||
| CREDITORS | ||||||
| Amounts falling due after more |
than one year 18 | (161,471) | (161,471) | (185,060) | ||
| NET ASSETS | 1 565,911 | 5,866 332 | 7432,243 | 7541 190 | ||
| FUNDS | 21 | |||||
| Unrestricted funds: |
||||||
| General fund |
1,565,911 | 1,595,698 | ||||
| Restricted funds: | ||||||
| Heritage Assets Restoration of Moggerhanger |
House and | 5,187,460 678,872 |
5,187,460 758,032 |
|||
| Landscape | ||||||
| 5,860332 | 5945,492 | |||||
| TOTALFUNDS | 7 432 243 | 7 541,190 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| funds 6 |
funds 6 |
funds | funds f |
|||
| Donations Grants |
7,957 41 796 |
6,000 102849 |
13,957 204,645 |
985,137 75 311 |
||
| 49753 | 168849 | 218602 | 1060448 | |||
| OTHER TRADING ACTIVITIES | ||||||
| 2022 | 2021 | |||||
| Unrestricted | Restricted | Total | Total | |||
| funds | funds | funds | funds | |||
| E | F | E | 6 | |||
| Fundraislng events Management Charges Rural Payments Agency |
370 578 |
370 578 |
310 1,357 578 |
|||
| 948 | 948 | 2,245 |
for the Year Ended |
3 | 1 March | 2022 | |||
|---|---|---|---|---|---|---|
| INVESTMENT INCOME | 2022 | 2021 | ||||
| Unrestricted | Restricted | Total | Total | |||
| funds | funds | funds | funds | |||
| 6 | 6 | E | ||||
| Rents received Deposit account interest Bank Incentive Fee |
32,180 19 |
32,180 19 |
33,780 38 ~1600 |
|||
| ~32 | 199 | 32,199 | ~35 418 | |||
| CHARITABLE ACTIVITIES COSTS | ||||||
| Direct | ||||||
| Costs (see | Support | |||||
| note 7) 5 |
costs f |
Totals | ||||
| Charitable Expenditure |
220,353 | 220,353 | ||||
| Governance Costs |
4 350 | 4,350 | ||||
| ~220 353 | ~4350 | 224,703 | ||||
| DIREC'T COSTS OF CHARITABLE ACTIVITIES | 2022 | 2021 | ||||
| E | ||||||
| Staff costs Training Costs Building &Ground Maintenance Insurance Light and heat Telephone Bad Debt Provision - Intercompany Group VAT Payable Sundries Rates and Water Waste Legal and Professional Fees Bank Charges Bank Loan Interest |
22,164 3,335 139,080 23,700 15,097 1,465 297 3,760 723 4,434 2 6,296 |
19,278 6,797 20,202 20,447 3,617 22,492 (5,498) 360 6,391 5,125 10,592 16 7,631 |
||||
| ~220 353 | ~117 450 | |||||
| NET INCOME/(EXPENDITURE) | ||||||
| Net Income/(expenditure) | is stated after charging/(crediting): | |||||
| 2022 | 2021 | |||||
| f | ||||||
| Independent Examiners Fees Accountancy Fees Depreciation -owned assets |
3,800 550 115,493 |
3,500 1,350 112,490 |
| There were no trustees' exp 31 March 2021. |
ens | es | paid fo | r the year ende | d 31 March 202 |
2 nor for the | year ended |
|---|---|---|---|---|---|---|---|
| STAFF COSTS | |||||||
| 2022 | 2021 | ||||||
| 6 | E | ||||||
| Wages and salaries Other pension costs |
21,700 464 |
18,883 395 |
|||||
| 22 164 | ~19 278 | ||||||
| The average monthly number |
of | employees | during the year | was as follows: | |||
| 2022 | 2021 | ||||||
| Landscape Gardener |
1 | 1 | |||||
| No employees received emoluments |
in excess of860,000. | ||||||
| COMPARATIVES FOR THE | STATEMENT | OF FINANCIAL | ACTIVITIES | ||||
| Unrestricted | Restricted | Total | |||||
| fund | funds | funds | |||||
| E | F | E | |||||
| INCOME AND ENDOWMENTS | FROM | ||||||
| Donations and legacies Other trading activities Investment income |
1,045,757 2,245 35418 |
14,691 | 1,060,448 2,245 35418 |
||||
| Total | 1 083420 | 14691 | 1 098 111 | ||||
| EXPENDITURE ON | |||||||
| Charitable activities Charitable Expenditure Governance Costs Other |
114,200 4,850 16,764 |
3,250 95,726 |
117,450 4,850 112490 |
||||
| Total | 135 1114 | 98976 | 234,790 | ||||
| NET INCOME/(EXPENDITURE) | 947,606 | (84,285) | 863,321 | ||||
| RECONCILIATION OF FUNDS Total funds brought forward |
648,092 | 6,029,777 | 6,677,869 | ||||
| TOTAL FUNDS CARRIED FORWARD | 1 595.698 | 5,945 492 | 7 541 190 |
| TANGIBLE FIXEDASSETS | ||||
|---|---|---|---|---|
| Improvements | Fixtures | |||
| to | Plant and | and | ||
| property 6 |
machinery 6 |
fittings E |
Totals f |
|
| COST | ||||
| At 1 April 2021 | 1,191,886 | 32,462 | 217,567 | 1,441,915 |
| Additions | 30236 | 4,000 | 34,236 | |
| At 31 March 2022 | 1,222122 | 32462 | 221,567 | 1,476,151 |
| DEPRECIATION | ||||
| At 1 April 2021 | 339,823 | 210,881 | 550,704 | |
| Charge for year | 109690 | 5803 | 115,493 | |
| At 31 March 2022 | 449 513 | 216684 | 666,197 | |
| NET BOOK VALUE | ||||
| At 31 March 2022 | 772,609 | 32 462 | 4,883 | 809954 |
| At 31 March 2021 | 852 063 | 32 462 | 6686 | 891,211 |
| HERITAGE ASSETS | ||||
| Total | ||||
| E | ||||
| COST LESS IMPAIRMENT | ||||
| At 1 April 2021 and 31 March 2022 | 5 187460 | |||
| NET BOOK VALUE | ||||
| At 31 March 2022 | 5187,460 | |||
| At 31 March 2021 | 5 1117460 |
| COST L | ES | S IMPAIRMENT at 31 March 2022 is repre | sented by: |
|---|---|---|---|
| Valuation | in | 2009 | 234,035 |
| Valuation | in | 2012 | (100,000) |
| Cost | 1 519024 | ||
| 1,653 059 |
| DEBTORS:AMOUNT | S F |
ALLING DUE WITHIN ONE YEAR | ||
|---|---|---|---|---|
| 2022 | 2021 | |||
| E | E | |||
| Other debtors | 2,119 | 2,612 | ||
| VAT refund | 20,682 | |||
| 22,801 | 2,612 | |||
| CREDITORS: AMOUNTS | FALLING DUE WITHIN ONE YEAR | |||
| 2022 | 2021 | |||
| E | 8 | |||
| Bank loans and overdrafts Social security and other Other creditors |
(see note 19) taxes |
49,046 1,168 7,261 |
34,967 36,592 4,815 |
|
| Accruals and deferred | income | ~47 127 | ~30337 | |
| ~104 602 | ~106711 |
| for the Year Ended 31 March 202 | for the Year Ended 31 March 202 | 2 | ||||
|---|---|---|---|---|---|---|
| 18. | CREDITORS: AMOUNTS | FALLING DUE AFTER MORE THAN | ONE YEAR | |||
| 2022 | 2021 | |||||
| f | 8 | |||||
| Bank loans (see note 19) | 120,247 | 143,836 | ||||
| Other loans (see note 19) | 41 224 | 41 224 | ||||
| 161,471 | 185,060 | |||||
| 19. | LOANS | |||||
| An analysis of the maturity | of loans is given below: | |||||
| 2022 | 2021 | |||||
| 8 | 8 | |||||
| Amounts falling due within |
one year on demand: | |||||
| Bank overdrafts | 21,976 | |||||
| Yorkshire Bank Fixed Rate |
Loan | 5,566 | 13,463 | |||
| Yorkshire Bank - Farm Loan |
~21 504 | ~21 504 | ||||
| ~49 046 | ~34 967 | |||||
| Amounts falling between |
one and two years: | |||||
| Yorkshire Bank |
7,568 | |||||
| Yorkshire Bank Farm Loan |
120,247 | 136,268 | ||||
| Loan - Charles Whitbread | ~41 224 | ~41 224 | ||||
| ~161 471 | ~185060 | |||||
| 20. | SECURED DEBTS | |||||
| The following secured debts are Included |
within creditors: | |||||
| 2022 | 2021 | |||||
| 8 | f | |||||
| Bank loans | 147,317 | 178,803 | ||||
| Otherloans | 41,224 | 41,224 | ||||
| ~188541 | 220,027 |
| MOVEMENT IN FUNDS |
||||
|---|---|---|---|---|
| Net | ||||
| movement | At | |||
| At 1.4.21 f |
in funds f |
31.3.22 | ||
| Unrestricted funds |
||||
| General fund |
1,595,698 | (29,787) | 1,565,911 | |
| Restricted funds | ||||
| Heritage Assets | 5,187,460 | 5,187,460 | ||
| Restoration of Moggerhanger and Landscape |
House | 758 1132 | ~79 160) | 678,872 |
| 5945492 | ~79160) | 5 866 332 | ||
| TOTAL FUNDS | 7 541,190 | ~108.947) | 7 432,243 |
| Net movement In funds, inclu |
ded in the above ar |
e as follows: | ||
|---|---|---|---|---|
| Incoming | Resources | Movement | ||
| resources f |
expended f |
In funds f |
||
| Unrestricted funds |
||||
| General fund |
82,900 | (112,687) | (29,787) | |
| Restricted funds | ||||
| Restoration of Moggerhanger and Landscape |
House | 168,849 | (248,009) | (79,160) |
| TOTAL FUNDS | 251,749 | (360,696) | (108,947) |
| Comparatlves for movement |
In funds | |||
|---|---|---|---|---|
| Net | ||||
| movement | At | |||
| At 1.4.20 f |
in funds f |
31.3.21 f |
||
| 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 | 842317 | ~84285) | 7511032 |
| 6029777 | ~84 ,285) | 5 945,492 | ||
| TOTALFUNDS | 6677 869 | 863 321 | 7 541190 |
| Incoming | Resources | Movement | ||||
|---|---|---|---|---|---|---|
| resources f |
expended f |
in funds f |
||||
| Unrestricted funds |
||||||
| General fund |
1,083,420 | (135,814) | 947,606 | |||
| Restricted funds | ||||||
| Restoration of Moggerhanger and Landscape |
House | 14,691 | (98,976) | (84,285) | ||
| TOTAL FUNDS | 1.D)lll 111 | ~234 799) | 863321 | |||
| A current year 12months | and | prior year 12 months | combined | position | is as follows: | |
| Net | ||||||
| movement | At | |||||
| At 1.4.20 | in funds f |
31.3.22 f |
||||
| Unrestricted funds |
||||||
| General fund |
648,092 | 917,819 | 1,565,911 | |||
| Restricted funds | ||||||
| Heritage Assets | 5,187,460 | 5,187,460 | ||||
| Restoration of Moggerhanger and Landscape |
House | 842 317 | ~163445) | 678 872 | ||
| 6 | D297tt | ~163445) | 5865.332 | |||
| TOTAL FUNDS | 6 | 677869 | 754 374 | 7432.243 |
| A current year 12 months and above are as follows; |
prior year 12 mon | ths combined net movem |
ent In funds, I |
ncluded In th |
|---|---|---|---|---|
| Incoming | Resources | Movement | ||
| resources f. |
expended | in funds f |
||
| Unrestricted funds |
||||
| General fund |
1,166,320 | (248,501) | 917,819 | |
| Restricted funds | ||||
| Restoration of Moggerhanger and Landscape |
House | 183,540 | (346,985) | (163,445) |
| TOTAL FUNDS | 1~349860 | I595,486) | ~754 374 |