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|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|
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|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||||||||
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||||||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|
##
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|||||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|
##
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|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|
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|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|
##
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|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|
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|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|
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||||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|
##
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|||||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|
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|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|
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|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|||
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|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|
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|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|
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|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|
##
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|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|
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|||||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|
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