2021-12-31-accounts

Reference	and Administrative	and Administrative	Details
Report of	the Chair
Trustees'	Report			3	to 12
Statement	ofTrustees'	Responsibilities			13
Independent Auditors'		Report		14	to 17
Statement	of Financial	Activities			18
Balance Sheet					19
Statement	of Cash Flows				20
Notes to the Financial		Statements		21	to 43

Chief Executive Officer	Chief Executive Officer	Chief Executive Officer		Mr J Sampson
Secretary				Mrs TJ Quinn-Forgan
Trustees				Mr N Josephides
				Mr A M Rowland
				Mrs D A Hindle
				Mrs JAshton
				Ms H N Marano
				Dr M S Kelig		(appointed		25	January 2021)
				Ms R Turner		(appointed		25	January 2021)
				Ms C A Ritter		(appointed		25	January 2021)
				Mr R BAnderson		(resigned 23 December 2021)
				Mr Jde Vial		(resigned 23 December 2021)
				Ms J Kuehnel		(appointed April 2022)		25	January	2021, resigned	19
				Ms E Dens		(appointed December		25 January 2021)		2021, resigned	23
Registered	Office			Create Centre
				Smeaton Road
				Bristol
				BS16XN
				The charity is incorporated			in England		8 Wales.
Company	Registration		Number	03425954
Charity Registration		Number		1065924
Auditor				Milsted Langdon	LLP
				Chartered Accountants		and	Statutory		Auditors
				Freshford House
				Redcliffe Way
				Bristol
				BS16NL

					Total	Total
		Note	Unrestricted E	Restricted	2021	2020f
Income and Endowments		from:
Donations and legacies		3	61,035		61,035	27,156
Charitable activities		4		508,028	508,028	332,001
Investment income		5	686		686	1,177
Other income		6	89,265		89,265	106,162
Total Income			150,986	508,028	659,014	466,496
Expenditure on: Raising funds Charitable activities			(69,983) (145,341)	(362,182)	(69,983) (507,523)	(100,332) (571,563)
Total Expenditure			215,324)	362,182	(577,506)	(671,895)
Net (expenditure)/income			64,338)	145,846	81,508	205,399)
Net movement in funds			(64,338)	145,846	81,508	(205,399)
Reconciliation of	funds
Total funds brought	forward		236,637	180,888	417,525	622,924
Total funds carried	forward	26	172,299	326,73rt	499,033	417,525

				Note	2021f	2020f
Fixed assets
Tangible assets				14	6,865	10,241
Current assets
Debtors				15	110,810	29,794
Cash at bank and	in hand				457,808	413,965
					568,618	443,759
Creditors: Amounts		falling due within one year		16	(33,559)	(36,475)
Net current assets					535,059	407,284
Total assets less	current		liabilities		541,924	417,525
Creditors: Amounts		falling due after more than one year		17	42,891
Net assets					499,033	417,525
Funds ofthe charity:
Restricted income funds
Restricted funds				20	326,734	180,888
Unrestricted income		funds
Unrestricted funds					172,299	236,637
Total funds				20	499,033	417,525

Statement ofCash Flows fo	r the Year	Ended 31	December 20	21
			2021	2020
		Note	F	f.
Cash flows from operating activities
Net income/(expenditure)			81,508	(205,399)
Adjustments to cash flows from non-cash Depreciation Investment income	items	10 5	3,376 686	3,779 1,177
			84,198	(202,797)
Working capital adjustments
(increase)/decrease in debtors		15	(81,016)	51,794
Decrease in creditors		16	10,025	1,826
Net cash flows from operating activities			(6,843)	(152,829)
Cash flows from investing activities
Interest receivable and similar income		5	686	1,177
Purchase oftangible fixed assets		14		1,542)
Net cash flows from investing activities			686	(365)
Cash flows from financing activities
Receipt ofloans and borrowings		16	50,000
Net increase/(decrease) in cash and cash equivalents			43,843	(153,194)
Cash and cash equivalents at 1 January			413,965	567,159
Cash and cash equivalents at 31 December			457,808	413,965

3 Income		from donations	from donations	and legacies
					Unrestricted
						funds	Total	Total
						General	2021	2020f
Donations	and legacies;
Donations proceeds		from companies,		trusts and similar		61,035	61,035	27,156
						61,035	61,035	27,156
					Unrestricted	Restricted	Total Funds	Total Funds
					Funds	Funds	2021	2020
Donations
Donations		in kind			10,000		10,000	16,940
Sawday Trust					1,000		1,000
Euromonitor					5,000		5,000
Holiday Extras					9,697		9,697	3,279
Midcounties		Co-operative	Travel		18,981		18,981	2,347
Blue Bay					13,377		13,377
Others					2,980		2,980	4,590
					61,035		61,035	27,156

Income from charitable	activities
		Restricted	Total	Total
		funds	2021	2020
		E	E	E
TUI Group		202,631	202,631	253,534
United Nations				25,678
GIZ Cornell Project		158,598	158,598
IUCN		2,490	2,490	18,449
EBRD		4,289	4,289	17,340
European Travel Commission		11,552	11,552	5,170
Caribbean Tourism Organisation				4,000
US Embassy		6,188	6,188	6,330
SMILO Project		5,168	5,168	1,500
easyJet Holidays		70,000	70,000
Hilton		9,207	9,207
NKC		1,247	1,247
Visit California		17,474	17,474
Purbeck		3,500	3,500
GIZ Webinar		6,496	6,496
Travel Oregon		2,220	2,220
Travel Corporation		6,968	6,968
		508,028	508,028	332,001

5 Investment inc	o	me
			Unrestricted
			funds	Total	Total
			General	2021	2020
			E
Interest receivable	and similar income;
Interest receivable		on bank deposits	686	686	1,177

6 Other	i	ncome
			Unrestricted
				Total	Total
			General	2021	2020
				F
Furlough	income		75,523	75,523	98,403
Other income			13,032	13,032	3,759
Employer's		allowance	710	710	4,000
			89,265	89,265	106,162

			Unrestricted
				Total	Total
			Generalf	2021	2020
Other fundraising		costs	8,370	8,370	3,790
Employment	costs		61,613	61,613	96,542
			69,983	69,983	100,332

				Activity	Activity
				undertaken	support
				directly f.	costs f.	2021f	2020
Destination s				210,235	41,202	251,437	167,701
Capacity	Building		8 Advocacy	127,267	17,595	144,862	1?0,810
Research	&Scoping			9,357	2,340	11,697	85,243
Other Project Funds				11,884	78,581	90,465	149,815
Governance		Costs			9,062	9,062	7,675
				358,743	148,780	507,523	581,244

				Unrestricted
				funds	Restricted	Total	Total
				General	funds	2021	2020
							E
Destinations					251,437	251,437	167,701
Capacity	Building		8 Advocacy	45,814	99,048	144,862	170,810
Research	8 Scoping				11,697	11,697	85,243
Other Project		Funds		90,465		90,465	117,250
Redundancy		Costs					22,884
Governance		Costs		9,062		9,062	7,675
				145,341	362,182	507,523	571,563

Charitable	activit	ies expenditure
			Unrestricted
				Total	Total
			General	2021f	2020 F
Staff costs			118,754	118,754	156,614
Redundancy	costs				22,884
Premises			9,554	9,554	19,274
Communications		and IT	1,478	1,478	1,511
General office			1,332	1,332	2,884
Human resources			4,504	4,504	5,937
Depreciation			3,376	3,376	3,779
Other office	costs		720	720	480
Governance	costs		9,062	9,062	7,675
			148,780	148,780	221,038

Governance cos	ts
			Unrestricted
			funds	Total	Total
			General E	2021f	2020 E
Audit fees
Audit ofthe financial		statements	5,450	5,450	5,250
Other fees paid	to auditors		2,413	2,413	2,349
Other governance	costs		1,199	1,199	76
			9,062	9,062	7,675

10	Net incoming/outgoing resources
Net	incoming/(outgoing) resources for the year include:

Net incoming/(outg	oing) resources for the year include:
		2021f	2020
Operating leases	—other assets	8,240	18,060
Audit fees		5,450	5,250
Other non-audit	services	2,413	2,349
Depreciation offixed assets		3,376	3,779

The aggreg	ate payroll costs were as follows:
		2021	2020
		F
Staffcosts	during the year were:
Wages and	salaries	349,106	472,665
Social security costs		33,353	45,551
Pension costs		13,949	17,555
Redundancy	costs		22,884
Other staff	costs		61
		396,408	558,716

		2021	2020
		No	No
Charitable	activities	6	7
Fundraising		1	1
Support		2	2
			10

The number ofemployees whose emoluments fel	l within the following bands was:
	2021	2020
	No	No
F60,001 -F70,000		1
13Taxation

14Tangible fixed assets	14Tangible fixed assets	14Tangible fixed assets
			Office
			equipment E	Totalf
Cost
At 1 January 2021			29,604	29,604
At 31 December	2021		29,604	29,604
Depreciation
At 1 January 2021 Charge for the year			19,363 3,376	19,363 3,376
At 31 December	2021		22,739	22,739
Net book value
At 31 December	2021		6,865	6,865
At 31 December 2020			10,241	10,241
15Debtors
			2021	2020
				f.
Trade debtors			89,644	21,995
Accrued income			21,166	7,799
			110,810	29,794
16Creditors: amounts		falling due within one year
			2021	2020
				F
Government supported		bank loans	7,109
Trade creditors			16,702	1,162
Other taxation	and social security			10,349
Other creditors			9,748	24,964
			33,559	36,475
17Creditors:	amounts	falling due after one year
				2021
				F
Bank loans				42,891

Total	future	minimum lease payments under non-	cancellable operating leases are as follow	s:
			2021	2020
			F
Land	and	buildings
Within	one	year	2,060	2,060

20 Funds
					Balance at 31
	Balance at 1		Incoming	Resources	December
	January	2021	resources	expended	2021
				f.	E
Unrestricted funds
General
General	236,637		150,986	(215,324)	172,299
Restricted funds
IKI/UNEP		1,178		(1,178)
EBRD Croatia 8 Montenegro			4,289	(4,289)
TCF BUSBJamaica	72,311		97,879	(68,624)	101,566
TCFSSPF Cyprus	23,468		67,451	(72,408)	18,511
ETC Project		2,585	11,552	(14,137)
TCF FFFTurkey	76,016		37,301	(78,404)	34,913
SMILO Project			5,168	(5,168)
US Embassy		5,330	6,188	(11,518)
GIZ Cornell Project			158,598	(16,854)	141,744
IUCN			2,490	(2,490)
easyJet Holidays			70,000	(40,000)	30,000
Hilton			9,207	(9,207)
NKC			1,247	(1,247)
Visit California			17,474	(17,474)
Purbeck			3,500	(3,500)
GIZ Webinar			6,496	(6,496)
Travel Oregon			2,220	(2,220)
Travel Corporation			6,968	(6,968)
Total restricted funds	180,888		508,028	(362,182)	326,734
Total funds	417,525		659,014	(577,506)	499,033

Notes to the Financial	Statement	s for	the Year Ende	d 31 Decem	ber 2021
					Balance at 31
	Balance	at 1	Incoming	Resources	December
	January	2020	resources	expended	2020
Unrestricted funds
General
General	570,547		134,495	(468,405)	236,637
Restricted
IKI/UNEP			25,678	(24,500)	1,178
EBRD Croatia & Montenegro			17,340	(17,340)
TCF BUSB Jamaica	22,912		86,907	(37,508)	72,311
TCFSSPF Cyprus	11,218		74,053	(61,803)	23,468
ETC Project			5,170	(2,585)	2,585
TCF FFFTurkey	18,247		92,574	(34,805)	76,016
SMILO Project			1,500	(1,500)
CTO Project			4,000	(4,000)
US Embassy			6,330	(1,000)	5,330
IUCN			18,449	(18,449)
Total restricted funds	52,377		332,001	(203,490)	180,888
Total funds	622,924		466,496	(671,895)	417,525

				Total funds
		Unrestricted		at 31
		funds	Restricted	December
		General	funds	2021
			E	E
Tangible	fixed assets	6,865		6,865
Current	assets	241,884	326,734	568,618
Current	liabilities	(33,559)		(33,559)
Creditors	over 1 year	42,891		42,891
Total net assets		172,299	326,734	499,033
				Total funds
		Unrestricted		at 31
		funds	Restricted	December
		General	funds	2020f
Tangible	fixed assets	10,241		10,241
Current assets		262,871	180,888	443,759
Current liabilities		36,475
Total net assets		236,637	180,888	417,525