2022-12-31-accounts

Reference	and Administrative	and Administrative	Details
Report of	the Chair			2to 3
Trustees'	Report			4to17
Statement	ofTrustees'	Responsibilities		18
Independent Auditors'		Report		19to 21
Statement	of Financial	Activities		22
Balance Sheet				23
Statement	of Cash Flows			24
Notes to the Financial		Statements		25 to 48

			Refer	ence and Admi	nistr	ative	D	etai	ls
Chief Executive Officer				Mr J Sampson
Secretary				Mrs TJ Quinn-Forgan
Trustees				Mrs D A Hindle
				Mrs J Ashton
				Ms H N Marano
				Dr M S Kelig
				Ms RTurner
				Ms C A Ritter
				Ms G James		(appointed		23 August 2022)
				Dr M K Morikawa		(appointed		23August 2022)
				Mr M SToprak		(appointed		23August 2022)
				Dr SBEtti		(appointed		17	October 2022)
				Ms J Kuehnel		(resigned		19April 2022)
				Mr N Josephides		(resigned		31 December 2022)
				Mr A M Rowland		(resigned		31 December 2022)
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	2022 E	2021f
Income and Endowments		from:
Donations and legacies		3	137,321		137,321	61,035
Charitable activities		4		563,617	563,617	508,028
Investment income		5	325		325	686
Other income		6	54,866		54,866	89,265
Total Income			192,512	563,617	756,129	659,014
Expenditure on:
Raising funds Charitable activities		7 8	(30,619) ~60,527	~845,919	(30,619) ~906,446	(69,983) ~507,523
Total Expenditure			(91,146)	~845,919)	~937,065)	~577,506
Net income/(expenditure)			101,366	~282,302)	(180,936)	81,508
Net movement in funds			101,366	(282,302)	(180,936)	81,508
Reconciliation offunds
Total funds brought	forward		172,299	326,734	499,033	417,525
Total funds carried	forward	20	273,665	44,432	318,097	499,033

					2022	2021
				Note	E	E
Fixed assets
Tangible assets				14	6,423	6,865
Current assets
Debtors				15	203,495	110,810
Cash at bank and	in hand				199,485	457,808
Creditors: Amounts		falling due within one year		15	402,980 ~57,473	568,618 ~(33,559
Net current assets					345,507	535,059
Total assets less	current		liabilities		351,930	541,924
Creditors: Amounts		falling due after more than one year		17	(33,833)	(42,891)
Net assets					318,097	499,033
Funds ofthe charity:
Restricted income funds
Restricted funds				20	44,432	326,734
Unrestricted income		funds
Unrestricted funds					273,665	172,299
Total funds				20	318,097	499,033

		Note	2022 E	2021f
Cash flows from operating activities
Net (expenditure)/income			(180,936)	81,508
Adjustments to cash flows from noncash	items
Depreciation		10	2,843	3,376
Investment income		5	325	(686)
			(178,418)	84,198
Working capital adjustments
Increase in debtors		15	(92,685)	(81,016)
Increase/(decrease) in creditors		16	21,355	(10,025)
Net cash flows from operating activities			249,748	6,843
Cash flows from investing activities
Interest receivable and similar income		5	325	686
Purchase oftangible fixed assets		14	(2,401)
Net cash flows from investing activities			(2,076)	686
Cash flows from financing activities
Receipt ofloans and borrowings		16	6,499	50,000
Net (decrease)/increase in cash and cash equivalents			(258,323)	43,843
Cash and cash equivalents at 1 January			457,808	413,965
Cash and cash equivalents at 31 December			199,485	457,808

3 Income		from donatio	ns	and lega	cies	cies
					Unrestricted
						funds	Total	Total
						General	2022	2021
						f.		E
Donations		and legacies;
Donations		from companies,		trusts and similar
proceeds						137,321	137,321	61,035
						137,321	137,321	61,035
					Unrestricted	Restricted	Total Funds	Total Funds
					Funds	Funds	2022	2021
Donations
Donations	in kind				14,802		14,802	10,000
First Rate Exchange					10,225		10,225
Euromonitor								5,000
Holiday Extras					25,626		25,626	9,697
Midcounties		Co-operative	Travel		1,299		1,299	18,981
Expedia					52,960		52,960
4VI					16,057		16,057
Blue Bay					14,288		14,288	13,377
Others					2,064		2,064	3,980
					137,321		137,321	61,035

4	Income from	charitable	activities
				Restricted	Total	Total
				funds	2022f	2021
	TUI Group			5,495	5,495	202,631
	GIZ			40,598	40,598	158,598
	IUCN					2,490
	EBRD					4,289
	European Travel Commission					11,552
	US Embassy					6,188
	SMILO					5,168
	easyJet Holidays			109,383	109,383	70,000
	Hilton					9,207
	NKC					1,247
	Visit California			2,741	2,741	17,474
	Purbeck			591	591	3,500
	GIZ (webinar)					6,496
	Travel Oregon			10,084	10,084	2,220
	Travel Corporation					6,968
	IKI/UNEP			5,500	5,500
	EBRD			1,154	1,154
	ETC			21,467	21,467
	CTO			5,397	5,397
	Scotland 2022	programme		109,296	109,296
	Destination Orkney			3,825	3,825
	Port Aransas			14,824	14,824
	Vail DSP, NextFactor			31,674	31,674
	East Midlands	Chamber		27,000	27,000
	Leeds Beckett,	Living Lab		24,800	24,800
	WWF Mediterranean			20,689	20,689
	Tour Radar			4,202	4,202
	NecSTour			1,629	1,629
	Glocs Rail Partnership			10,000	10,000
	Lake Tahoe CREST			41,586	41,586
	Visit Finland			2,482	2,482
	Oceanside Project			8,546	8,546
	Sidmouth Town Council			5,000	5,000
	Expedia			51,654	51,654
	Surrey University			4,000	4,000
				563,617	563,617	508,028

5 Investment in	co	me
			Unrestricted
			funds	Total	Total
			General E	2022 F	2021f
Interest receivable	and similar income;
interest receivable		on bank deposits	325	325	686

6 Other	in	come
			Unrestricted
				Total	Total
			General	2022	2021
				F	F
Furlough	income				75,523
Sponsorship		income	31,527	31,527
Other income			18,339	18,339	13,032
Employer's		allowance	5,000	5,000	710
			54,866	54,866	89,265

		Unrestricted
			Total	Total
		General	2022f	2021
Fundraising	costs	30,619	30,619	69,983

	Activity	Activity
	undertaken directly	support costs F	2022 F	2021 E
Climate Change Programme Equity Programme	189,477 195,304	37,029 45,864	226,506 241,168	50,489 78,064
Transformative Change Programme Destinations Other Project Funds	251,743 104,390 34,229	22,312 26,098	274,055 130,488 34,229	45,144 223,412 110,414
	775,143	131,303	906,446	507,523

, F845,919(2021	- F362,182) attri	butable to restricted f	unds.
		Unrestricted
		funds	Restricted	Total	Total
		General	funds	2022	2021
Climate Change	Programme	19,913	206,593	226,506	50,465
Equity Programme			241,168	241,168	78,071
Transformative Programme Destin ation s	Change	6,385	267,670 130,488	274,055 130,488	45,118 223,425
Other Project Funds		34,229		34,229	110,444
		60,527	845,919	906,446	507,523

Charitable activi	ties expenditure
		Unrestricted
			Total	Total
		General	2022	2021
		E	E
Staff costs Premises Communications General office	and IT	71,603 9,938 2,890 64	71,603 9,938 2,890 64	118,754 9,554 1,478 1,332
Human resources		8,784	8,784	4,504
Depreciation Other office costs		2,843 1,039	2,843 1,039	3,376 720
Governance costs Travel and subsistence		13,746 20,396	13,746 20,396	9,062
		131,303	131,303	148,780

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

		2022	2021
Operating leases - other assets Audit fees		8,529 11,106	8,240 5,450
Other non-audit	services	2,500	2,413
Depreciation of	fixed assets	2,843	3,376

12Staff costs
The aggregate payroll costs were as follows:	2022	2021
Staff costs during the year were:
Wages and salaries Social security costs Pension costs	266,481 28,214 13,121	349,106 33,353 13,949
	307,816	396,408

The monthly	average	number	of persons	(including	senior	management	team) employed	by the
charity during	the year	was as	follows:				2022	2021
							No	No
Charitable activities							6	6
Fundraising Support							1 1	1 2

14Tangible	fixed ass	ets
			Office
			equipment	Total
				E
Cost
At 1 January	2022		29,604	29,604
Additions			2,401	2,401
At 31 December 2022			32,005	32,005
Depreciation
At 1 January	2022		22,739	22,739
Charge for the year			2,843	2,843
At 31 December 2022			25,582	25,582
Net book value
At 31 December 2022			6,423	6,423
At 31 December 2021			6,865	6,865
15Debtors
			2022 E.	2021f
Trade debtors			88,634	89,644
Prepayments	and accrued income		114,861	21,166
			203,495	110,810
16Creditors:	amounts	falling due within one year
			2022f	2021
Government	supported	bank loans	9,668	7,109
Trade creditors			24,545	16,702
Other taxation	and social security		3,290
Accruals and	other creditors		19,970	9,748
			57,473	33,559

2022	2021
	F
33,833	42,891

Operating	lease commitments	lease commitments
Total future	minimum	lease payments	under non-cancellable	operating	leases are as follows:
					2022	2021
					F	F
Land and Within one	buildings year				2,060	2,060

20 Funds
	Balance	at 1	Incoming	Resources	Balance at 31 December
	January	2022	resources	expended	2022
			K	E
Unrestricted funds
General
General	172,299		192,512	(91,146)	273,665
Restricted funds
IKI/UNEP EBRD TCF BUSBJamaica TCFSSPF Cyprus ETC TCF FFFTurkey	101,566 18,511 34,913		5,500 1,154 5,495 21,467	(5,500) (1,154) (71,568) (24,006) (11,467) (34,913)	29,998 10,000
GIZ CTO easyJet Holidays	141,744 30,000		40,598 5,397 109,383	(182,342) (5,397) (139,383)
Visit California Purbeck			2,741 591	(2,741) (591)
Travel Oregon Scotland 2022 programme			10,084 109,296	(10,084) (109,296)
Destination Orkney Port Aransas			3,825 14,824	(3,825) (14,824)
Vail DSP, NextFactor East Midlands Chamber Leeds Beckett, Living Lab WWF Mediterranean			31,674 27,000 24,800 20,689	(31,674) (27,000) (23,800) (20,689)	1,000
Tour Radar			4,202	(4,202)
NecSTour Glocs Rail Partnership			1,629 10,000	(1,629) (10,000)
Lake Tahoe CREST			41,586	(41,586)
Visit Finland			2,482	(2,482)
Oceanside Project			8,546	(8,546)
Sidmouth Town Council			5,000	(5,000)
Expedia			51,654	(48,220)	3,434
Surrey University			4,000	(4,000)
Total restricted funds	326,734		563,617	(845,919	44,432
Total funds	499,033		756,129	(937,065	318,097

Notes t	o the Financi	al Statemen	ts for t	he Year Ende	d 31 Decemb	er 2022
						Balance at 31
		Balance at 1 January 2021		Incoming resources F	Resources expended F	December 2021
Unrestricted	funds
General
General		236,637		150,986	(215,324)	172,299
Restricted
IKI/UNEP			1,178		(1,178)
EBRD				4,289	(4,289)
TCF BUSB	Jamaica	72,311		97,879	(68,624)	101,566
TCFSSPF	Cyprus	23,468		67,451	(72,408)	18,511
ETC			2,585	11,552	(14,137)
TCF FFFTurkey		76,016		37,301	(78,404)	34,913
SMILO				5,168	(5,168)
GIZ				158,598	(16,854)	141,744
US Embassy			5,330	6,188	(11,518)
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

21 Analysis ofnet assets between funds	21 Analysis ofnet assets between funds	21 Analysis ofnet assets between funds
					Total funds
			Unrestricted		at 31
			funds	Restricted	December
			General	funds	2022
Tangible		fixed assets	6,423		6,423
Current	assets		358,548	44,432	402,980
Current	liabilities		(57,473)		(57,473)
Creditors		over 1 year	(33,833)		(33,833
Total net		assets	273,665	44,432	318,097
					Total funds
			Unrestricted		at 31
			funds	Restricted	December
			General	funds	2021
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
Total net		assets	172,299	326,734	499,033