**REGISTERED COMPANY NUMBER: 03522981 (England and Wales) REGISTERED CHARITY NUMBER: 1068784**
## **Report of the Trustees and**
**Unaudited Financial Statements For The Year Ended 31 December 2021**
## **for**
**Hartpury Heritage Trust**
Kingscott Dix Limited Chartered Accountants Goodridge Court Goodridge Avenue Gloucester Gloucestershire GL2 5EN
**Hartpury Heritage Trust**
## **Contents of the Financial Statements For The Year Ended 31 December 2021**
|||**Page**||
|---|---|---|---|
|**Report of the Trustees**|1|to|2|
|**Independent Examiner's Report**||3||
|**Statement of Financial Activities**||4||
|**Balance Sheet**|5|to|6|
|**Notes to the Financial Statements**|7|to|17|
|**Detailed Statement of Financial Activities**|18|to|19|
**Hartpury Heritage Trust**
## **Report of the Trustees For The Year Ended 31 December 2021**
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 December 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
To advance the education of the general public by the conservation, protection and improvement of any part of the physical and natural environment in and around the parish of Hartpury which is of historical significance.
## **Significant activities**
The buildings and objects restored and maintained by the Trust now consist of the following: The Church of St Mary's Hartpury (in association with the Parochial Church Council) The Old Dominican Chapel, Hartpury.
The Hartpury Orchard Centre (opened Autumn 2008) The Bee Shelter in Hartpury churchyard The Milestone The Perry Pear Orchard The Orchard Library
## **Grantmaking**
The Trust contributes to the upkeep of St Mary's Parish Church Hartpury.
## **ACHIEVEMENT AND PERFORMANCE**
## **Charitable activities**
Review of progress and achievements:
Again, the Covid-19 pandemic has had an impact on the Trust's activities, but fundraising is showing signs of recovery as we begin to adjust to it becoming endemic and something to plan around. The Old Chapel has again suffered most, with bookings virtually non-existent. This gave the opportunity to redecorate it throughout thanks to a recovery grant we received from the National Lottery Heritage Fund.
Most of the year's events were again cancelled but we were able to hold our heritage afternoon at the Church and Old Chapel with the Mill also open by kind permission of Chris and Andrew Sleigh and our usual Open Day at the Orchard Centre, when we welcomed Chris Atkins who has taken over from Mattias. Our thanks to Mattias for looking after the orchards and making cider and perry for the past nine years. The Orchard Centre event was surprisingly well attended, but this was overshadowed by the three very successful days at the Malvern Autumn Show. Big Apple also went well as did our general sales of books, cider and perry.
Our Nature Reserve at the Orchard Centre has rather taken a back seat for some years. This has not necessarily been to their detriment, but inspired by Steve's particular interest in them, we are planning to open up some of the ponds that have become overgrown with excessive reed growth and the creation of a new scrape by the Trial orchard. He hopes to establish a group of volunteers to help with general maintenance.
Our plans to build a new location to house vintage cider making equipment and provide an introduction for visitors to the Centre and Nature Reserve are progressing slowly through the planning process as is the carpark next to the Church. Hopefully consent will be granted for these in the not too distant future. The proposal to establish a Shoot next to the orchards is also still with the planners and we remain alert to movement here, since if granted it would have a serious impact on us.
Peter's cider and perry courses resumed during the year and the success of the Tap Bar, which Chris has launched on Sunday afternoons is also very encouraging. Trustees now need to take a hard look at available space at the Centre and work out the best way to make full use of it.
## **Investment performance**
Investments are placed with the CBF Church of England Investment Funds.
## **FINANCIAL REVIEW**
## **Reserves policy**
Income which is project based is utilised in meeting that project and reserves are only accumulated in the the interim until the expenditure is met.
Page 1
**Hartpury Heritage Trust**
## **Report of the Trustees For The Year Ended 31 December 2021**
## **FINANCIAL REVIEW**
## **Funds in deficit**
All funds are fully funded and any deficit which arises is only short term resulting from claims against guaranteed funders which have not yet been received.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
Constitution as a non profit distributing body incorporated in England and Wales and limited by guarantee.
## **Recruitment and appointment of new trustees**
New trustees are appointed as required by the other trustees from those with an active interest in the objects of the trust.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Registered Company number**
03522981 (England and Wales)
## **Registered Charity number**
1068784
## **Registered office**
The Orchard Centre Blackwells End Hartpury Gloucestershire GL19 3DB
## **Trustees**
J R Chapman Mrs H B Chapman Mrs M McGhee Mrs P Drury Mrs M Bailey S R French
## **Company Secretary**
Mrs H B Chapman
## **Independent Examiner**
Paul A Reynaert A director of Kingscott Dix Limited Chartered Accountants Goodridge Court Goodridge Avenue Gloucester Gloucestershire GL2 5EN
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Approved by order of the board of trustees on 22 March 2022 and signed on its behalf by:
J R Chapman - Trustee
Page 2
## **Independent Examiner's Report to the Trustees of Hartpury Heritage Trust**
## **Independent examiner's report to the trustees of Hartpury Heritage Trust ('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2021.
## **Responsibilities and basis of report**
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Paul A Reynaert A director of Kingscott Dix Limited Chartered Accountants Goodridge Court Goodridge Avenue Gloucester Gloucestershire GL2 5EN
Date: .............................................
Page 3
## **Hartpury Heritage Trust**
## **Statement of Financial Activities**
## **For The Year Ended 31 December 2021**
|Notes
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
Other trading activities
3
Investment income
4
Other income
**Total**
**EXPENDITURE ON**
Raising funds
**Charitable activities**
5
Orchard Perry Pear Project
Church of St Mary
Churchyard
Hartpury Restored Chapel
Bee Shelter
General
Landfill Fund
Car Park
Culture Recovery Project
Other
**Total**
Net gains on investments
**NET INCOME**
**Transfers between funds**
16
**Net movement in funds**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**TOTAL FUNDS CARRIED FORWARD**|Unrestricted
fund
£
42,282
7,344
(159)
-
49,467
1,160
1,620
6,684
-
5,120
-
600
-
-
18,937
780
34,901
-
14,566
8,069
22,635
102,750
125,385|Restricted
funds
£
-
-
9,927
-
9,927
-
11,455
-
300
5,502
2,548
-
-
-
-
-
19,805
26,471
16,593
(8,069)
8,524
1,151,499
1,160,023|31.12.21
Total
funds
£
42,282
7,344
9,768
-
59,394
1,160
13,075
6,684
300
10,622
2,548
600
-
-
18,937
780
54,706
26,471
31,159
-
31,159
1,254,249
1,285,408|31.12.20
Total
funds
£
11,996
2,605
4,426
1,463|
|---|---|---|---|---|
|||||20,490
1,606
14,454
13
8,553
8,497
-
13
2,296
660
-
780|
|||||36,872
19,323|
|||||2,941
-|
|||||2,941
1,251,308|
|||||1,254,249|
The notes form part of these financial statements
Page 4
## **Hartpury Heritage Trust**
## **Balance Sheet 31 December 2021**
|Notes
**FIXED ASSETS**
Tangible assets
10
Heritage assets
11
Investments
12
**CURRENT ASSETS**
Stocks
13
Debtors
14
Cash at bank
**CREDITORS**
Amounts falling due within one year
15
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**NET ASSETS**
**FUNDS**
16
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|Unrestricted
fund
£
6,720
28,299
-
35,019
15,215
67,272
8,881
91,368
(1,001)
90,367
125,386
125,386|Restricted
funds
£
513,212
235,592
397,239
1,146,043
-
-
13,979
13,979
-
13,979
1,160,022
1,160,022|31.12.21
Total
funds
£
519,932
263,891
397,239
1,181,062
15,215
67,272
22,860
105,347
(1,001)
104,346
1,285,408
1,285,408
125,386
1,160,022
1,285,408|31.12.20
Total
funds
£
531,528
272,917
370,927
1,175,372
16,375
46,837
16,666
79,878
(1,001)
78,877
1,254,249
1,254,249
102,750
1,151,499
1,254,249|
|---|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
Page 5
continued...
**Hartpury Heritage Trust**
## **Balance Sheet - continued 31 December 2021**
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 22 March 2022 and were signed on its behalf by:
J R Chapman - Trustee
The notes form part of these financial statements
Page 6
**Hartpury Heritage Trust**
## **Notes to the Financial Statements For The Year Ended 31 December 2021**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost Plant and machinery - 25% on cost and 10% on cost
## **Heritage assets**
The trust preserves two heritage assets, the Old Chapel at Hartpury which it acquired and refurbished and the Bee Shelter which has been relocated and restored.
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life of 50 years.
Heritage assets - 2% on cost
## **Stocks**
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
## **Taxation**
The trust is exempt from corporation tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Page 7
continued...
**Hartpury Heritage Trust**
## **Notes to the Financial Statements - continued For The Year Ended 31 December 2021**
|**2.**|**DONATIONS AND LEGACIES**||||
|---|---|---|---|---|
||||31.12.21|31.12.20|
||||£|£|
||Donations||12,940|10,713|
||Gift aid||5,937|-|
||Grants||21,900|-|
||Hall hire||1,505|1,283|
||||42,282|11,996|
||Grants received, included in the above, are as follows:||||
||||31.12.21|31.12.20|
||||£|£|
||Other grants||21,900|-|
||The Trust has received this money from the Cultural Recovery|Fund.|||
|**3.**|**OTHER TRADING ACTIVITIES**||||
||||31.12.21|31.12.20|
||||£|£|
||Fundraising events||7,213|2,443|
||Hall hire||131|162|
||||7,344|2,605|
|**4.**|**INVESTMENT INCOME**||||
||||31.12.21|31.12.20|
||||£|£|
||Shares in group undertakings||(160)|(5,988)|
||Deposit account interest||9,928|10,414|
||||9,768|4,426|
|**5.**|**CHARITABLE ACTIVITIES COSTS**||||
||||Grant||
||||funding of||
||||activities||
|||Direct|(see note||
|||Costs|6)|Totals|
|||£|£|£|
||Orchard Perry Pear Project|13,050|25|13,075|
||Church of St Mary|6,684|-|6,684|
||Churchyard|-|300|300|
||Hartpury Restored Chapel|10,622|-|10,622|
||Bee Shelter|2,548|-|2,548|
||General|600|-|600|
||Culture Recovery Project|18,937|-|18,937|
|||52,441|325|52,766|
Page 8
continued...
**Hartpury Heritage Trust**
## **Notes to the Financial Statements - continued For The Year Ended 31 December 2021**
## **6. GRANTS PAYABLE**
|**GRANTS PAYABLE**|||
|---|---|---|
||31.12.21|31.12.20|
||£|£|
|Orchard Perry Pear Project|25|25|
|Churchyard|300|4,300|
||325|4,325|
|The total grants paid to institutions during the year was as follows:|||
||31.12.21|31.12.20|
||£|£|
|Church Grant St Marys Hartpury|300|-|
|**NET INCOME/(EXPENDITURE)**|||
|Net income/(expenditure) is stated after charging/(crediting):|||
||31.12.21|31.12.20|
||£|£|
|Depreciation - owned assets|11,596|11,596|
## **7. NET INCOME/(EXPENDITURE)**
## **8. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 December 2021 nor for the year ended 31 December 2020.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 December 2021 nor for the year ended 31 December 2020.
## **9. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
|**INCOME AND ENDOWMENTS FROM**
Donations and legacies
Other trading activities
Investment income
Other income
**Total**
**EXPENDITURE ON**
Raising funds
**Charitable activities**
Orchard Perry Pear Project
Church of St Mary
Churchyard
Hartpury Restored Chapel
General
Landfill Fund
Car Park|Unrestricted
fund
£
11,996
2,605
(5,984)
1,463
10,080
1,606
3,406
-
-
2,995
13
-
-|Restricted
funds
£
-
-
10,410
-
10,410
-
11,048
13
8,553
5,502
-
2,296
660|Total
funds
£
11,996
2,605
4,426
1,463|
|---|---|---|---|
||||20,490
1,606
14,454
13
8,553
8,497
13
2,296
660|
Page 9
continued...
**Hartpury Heritage Trust**
## **Notes to the Financial Statements - continued For The Year Ended 31 December 2021**
|**9.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**
Unrestricted
Restricted
fund
funds
£
£
Other
780
-
**Total**
8,800
28,072
Net gains on investments
-
19,323
**NET INCOME**
1,280
1,661
**Transfers between funds**
19,221
(19,221)
**Net movement in funds**
20,501
(17,560)
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
82,249
1,169,059
**TOTAL FUNDS CARRIED FORWARD**
102,750
1,151,499
**10.**
**TANGIBLE FIXED ASSETS**
Freehold
Plant and
property
machinery
£
£
**COST**
At 1 January 2021 and
31 December 2021
652,466
21,865
**DEPRECIATION**
At 1 January 2021
120,938
21,865
Charge for year
11,596
-
At 31 December 2021
132,534
21,865
**NET BOOK VALUE**
At 31 December 2021
519,932
-
At 31 December 2020
531,528
-||Total
funds
£
780|
|---|---|---|
|||36,872
19,323|
|||2,941
-|
|||2,941
1,251,308|
|||1,254,249|
|||Totals
£
674,331
142,803
11,596
154,399
519,932
531,528|
Included in cost or valuation of land and buildings is freehold land of £86,831 (2020 - £86,831) which is not depreciated.
Page 10
continued...
**Hartpury Heritage Trust**
## **Notes to the Financial Statements - continued For The Year Ended 31 December 2021**
## **11. HERITAGE ASSETS**
|**HERITAGE ASSETS**||
|---|---|
|**COST LESS IMPAIRMENT**
At 1 January 2021 and
31 December 2021
**PROVISIONS**
At 1 January 2021
Charge for year
At 31 December 2021
**NET BOOK VALUE**
At 31 December 2021
At 31 December 2020|Total
£
446,745|
||173,828
9,026|
||182,854|
||263,891|
||272,917|
## **12. FIXED ASSET INVESTMENTS**
|Shares in
group
Unlisted
undertakings
investments
£
£
**COST LESS IMPAIRMENT**
At 1 January 2021
18,081
352,846
Revaluations
-
26,472
Impairments
(160)
-
At 31 December 2021
17,921
379,318
**NET BOOK VALUE**
At 31 December 2021
17,921
379,318
At 31 December 2020
18,081
352,846|Totals
£
370,927
26,472
(160)|
|---|---|
||397,239|
||397,239|
||370,927|
There were no investment assets held outside the UK.
The Trust holds the following investments:-
|Shares|Original|Market|Market|
|---|---|---|---|
|held|cost|value|value|
|1.12.201||31.12.21|31.12.20|
||£|£|£|
|||||
|CBF C of E Investment Fund
11,598.84|113,781|271,259|237,629|
|CBF C of E Fixed Interest Securities
Fund
63,392.99|106,272|100,155|107,527|
|CBF C of E Investment Fund
172.34|1,731|4,030|3,531|
|CBF C of E Fixed Interest Securities
Fund
2,452.34|4,129|3,874|4,159|
|||||
||225,913|379,318|352,846|
|||||
The investments were originally received from Hartpury Parochial Church Council as donations which included restrictions on the utilisation of the money for the maintenance of the Church and Churchyard and its buildings.
Page 11
continued...
**Hartpury Heritage Trust**
## **Notes to the Financial Statements - continued For The Year Ended 31 December 2021**
## **12. FIXED ASSET INVESTMENTS - continued**
In 2016, the company was gifted one share (33.33%) in Orchard guardians CIC (formerly Hartpury Orchards Limited) which which is acquired at one third of its balance sheet value £17,921.A further 33.33% was acquired by gift on 01/02/2021 making it a subsidiary. The value of this gift is shown as £nil based on the balance sheet values and the social investment policy.
In 2018, Hartpury Heritage Trust acquired 100% (£6,148) of the shares of Hartpury Fruit Processing Ltd.
This company is now in the process of winding up.
Cost or valuation at 31 December 2021 is represented by:
|Shares in
group
Unlisted
undertakings
investments
£
£
Valuation in 2021
(160)
26,472
Cost
18,081
352,846
17,921
379,318|Totals
£
26,312
370,927|
|---|---|
||397,239|
The company's investments at the balance sheet date in the share capital of companies include the following:
## **Subsidiaries**
The subsidiary Hartpury Processing Ltd is in the process of winding up and has no value at the balance sheet date.
## **Orchard Guardians CIC**
Registered office: United Kingdom Nature of business: Orchard services
|**Orchard Guardians CIC**
Registered office: United Kingdom
Nature of business: Orchard services||||
|---|---|---|---|
||%|||
|Class of share:|holding|||
|Ordinary|67|||
|||31.12.21|31.1.21|
|||£|£|
|Aggregate capital and reserves||25,897|75,035|
|Loss for the period/year||(49,048)|(7,896)|
In 2016 the company was gifted one share (33.33%) in Orchard guardians CIC (formerly Hartpury Orchards Limited) which which is acquired at one third of its balance sheet value £17921. The investment constitutes a Programme related Investment in that its objects further the aims of the Charity
and the Investment is not retained for any monetary return.
In February 2021 the Trust was gifted a further 33% of the company.
No impairment of this investment is necessary as the company is supported by an individual who has expressed his intention not to seek repayment of monies owed to him.
## **Associated company**
The previous associated company Orchard Guardians CIC has become a subsidiary by virtue of a gift of a further third of its share capital.
Page 12
continued...
**Hartpury Heritage Trust**
## **Notes to the Financial Statements - continued For The Year Ended 31 December 2021**
|**13.**
**STOCKS**
Stocks
**14.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade debtors
Amounts owed by group undertakings
Prepayments and accrued income
**15.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Accrued expenses
**16.**
**MOVEMENT IN FUNDS**
Net
movement
At 1.1.21
in funds
£
£
**Unrestricted funds**
General fund
102,750
14,567
**Restricted funds**
Churchyard Investments
7,690
215
Church of St Mary Investments
345,156
26,257
Orchard Cohort Project
391,813
(8,499)
Bee Shelter
84,068
(2,548)
Hartpury Restored Chapel
159,574
(5,502)
Landfill Communities Fund
101,005
(2,296)
Churchyard Income
397
(89)
Church of St Mary Income
12,026
9,714
Orchard Guardians CIC
17,921
-
Car Park
31,849
(660)
1,151,499
16,592
**TOTAL FUNDS**
1,254,249
31,159|31.12.21
£
15,215
31.12.21
£
3,264
61,000
3,008
67,272
31.12.21
£
1,001
Transfers
between
funds
£
8,069
-
-
-
-
-
-
-
(8,069)
-
-
(8,069)
-|31.12.20
£
16,375
31.12.20
£
-
44,000
2,837
46,837
31.12.20
£
1,001
At
31.12.21
£
125,386
7,905
371,413
383,314
81,520
154,072
98,709
308
13,671
17,921
31,189|
|---|---|---|
|||1,160,022|
|||1,285,408|
Page 13
continued...
**Hartpury Heritage Trust**
## **Notes to the Financial Statements - continued For The Year Ended 31 December 2021**
## **16. MOVEMENT IN FUNDS - continued**
Net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
Churchyard Investments
Church of St Mary Investments
Orchard Cohort Project
Bee Shelter
Hartpury Restored Chapel
Landfill Communities Fund
Churchyard Income
Church of St Mary Income
Car Park
**TOTAL FUNDS**
**Comparatives for movement in funds**
**Unrestricted funds**
General fund
**Restricted funds**
Churchyard Investments
Church of St Mary Investments
Orchard Cohort Project
Bee Shelter
Hartpury Restored Chapel
Landfill Communities Fund
Churchyard Income
Church of St Mary Income
Orchard Guardians CIC
Car Park
**TOTAL FUNDS**|Incoming
resources
£
49,467
1
-
1
-
-
-
211
9,714
-
9,927
59,394
At 1.1.20
£
82,249
7,322
326,202
414,031
86,616
170,578
103,301
462
10,117
17,921
32,509
1,169,059
1,251,308|Resources
expended
£
(34,900)
-
-
(8,500)
(2,548)
(5,502)
(2,296)
(300)
-
(660)
(19,806)
(54,706)
Net
movement
in funds
£
1,280
368
18,954
(8,499)
(2,548)
(5,502)
(2,296)
(65)
1,909
-
(660)
1,661
2,941|Gains and
losses
£
-
214
26,257
-
-
-
-
-
-
-
26,471
26,471
Transfers
between
funds
£
19,221
-
-
(13,719)
-
(5,502)
-
-
-
-
-
(19,221)
-|Movement
in funds
£
14,567
215
26,257
(8,499)
(2,548)
(5,502)
(2,296)
(89)
9,714
(660)
16,592
31,159
At
31.12.20
£
102,750
7,690
345,156
391,813
84,068
159,574
101,005
397
12,026
17,921
31,849
1,151,499
1,254,249|
|---|---|---|---|---|
Page 14
continued...
**Hartpury Heritage Trust**
## **Notes to the Financial Statements - continued For The Year Ended 31 December 2021**
## **16. MOVEMENT IN FUNDS - continued**
Comparative net movement in funds, included in the above are as follows:
||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|
||resources|expended|losses|in funds|
||£|£|£|£|
|**Unrestricted funds**|||||
|General fund|10,080|(8,800)|-|1,280|
|**Restricted funds**|||||
|Churchyard Investments|(1)|-|369|368|
|Church of St Mary Investments|-|-|18,954|18,954|
|Orchard Cohort Project|1|(8,500)|-|(8,499)|
|Bee Shelter|-|(2,548)|-|(2,548)|
|Hartpury Restored Chapel|-|(5,502)|-|(5,502)|
|Landfill Communities Fund|-|(2,296)|-|(2,296)|
|Churchyard Income|235|(300)|-|(65)|
|Church of St Mary Income|10,175|(8,266)|-|1,909|
|Car Park|-|(660)|-|(660)|
||10,410|(28,072)|19,323|1,661|
|**TOTAL FUNDS**|20,490|(36,872)|19,323|2,941|
A current year 12 months and prior year 12 months combined position is as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
Churchyard Investments
Church of St Mary Investments
Orchard Cohort Project
Bee Shelter
Hartpury Restored Chapel
Landfill Communities Fund
Churchyard Income
Church of St Mary Income
Orchard Guardians CIC
Car Park
**TOTAL FUNDS**|At 1.1.20
£
82,249
7,322
326,202
414,031
86,616
170,578
103,301
462
10,117
17,921
32,509
1,169,059
1,251,308|Net
movement
in funds
£
15,847
583
45,211
(16,998)
(5,096)
(11,004)
(4,592)
(154)
11,623
-
(1,320)
18,253
34,100|Transfers
between
funds
£
27,290
-
-
(13,719)
-
(5,502)
-
-
(8,069)
-
-
(27,290)
-|At
31.12.21
£
125,386
7,905
371,413
383,314
81,520
154,072
98,709
308
13,671
17,921
31,189|
|---|---|---|---|---|
|||||1,160,022|
|||||1,285,408|
Page 15
continued...
**Hartpury Heritage Trust**
## **Notes to the Financial Statements - continued For The Year Ended 31 December 2021**
## **16. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|
||resources|expended|losses|in funds|
||£|£|£|£|
|**Unrestricted funds**|||||
|General fund|59,547|(43,700)|-|15,847|
|**Restricted funds**|||||
|Churchyard Investments|-|-|583|583|
|Church of St Mary Investments|-|-|45,211|45,211|
|Orchard Cohort Project|2|(17,000)|-|(16,998)|
|Bee Shelter|-|(5,096)|-|(5,096)|
|Hartpury Restored Chapel|-|(11,004)|-|(11,004)|
|Landfill Communities Fund|-|(4,592)|-|(4,592)|
|Churchyard Income|446|(600)|-|(154)|
|Church of St Mary Income|19,889|(8,266)|-|11,623|
|Car Park|-|(1,320)|-|(1,320)|
||20,337|(47,878)|45,794|18,253|
|**TOTAL FUNDS**|79,884|(91,578)|45,794|34,100|
## **Transfers between funds**
The restricted fund representing investment income to the trust on investments held for the benefit of St Mary's Hartpury has been reduced by £8070 to reflect expenditure made by the trust relating to chapel expenditure which is now agreed will be the Church's full responsibility as will the income entitlement.
## **17. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 December 2021.
## **18. RESTRICTED FUNDS**
Restricted funds consist of the following funded projects and reserves:
Churchyard: The investments donated by the Church Council of St Mary's Hartpury to preserve and maintain the Church yard
Church of St Mary's: Investments donated by the Church council to be used to maintain the fabric of St Mary's Church
Hartpury Orchard Centre: Funds donated to acquire land to grow historical varieties of pear trees and to construct a Centre to promulgate the produce.
Bee Shelter: Funds donated to relocate and restore the unique bee shelter in the grounds of Hartpury Church.
The Old Chapel: The funds donated to refurbish the former Dominican Chapel in Hartpury.
GOG project: Gloucestershire Orchard Group are being funded to establish a rural training centre.
Page 16
continued...
**Hartpury Heritage Trust**
## **Notes to the Financial Statements - continued For The Year Ended 31 December 2021**
## **18. RESTRICTED FUNDS - continued**
Landfill Communities Fund: The original grant donated by the Gloucestershire Environmental Trust was to enable DNA research work on the perry pear collection to be continued and the publication of Charles Martell's definitive perry pear manual as well as a full programme of orchard related activities.This has been published and transferred to general stock.
The fund also gave a grant to construct a library and office which is now built and the fund balance represents the property value.
Heritage Lottery Fund: Grant was donated for the same purposes as the Landfill Communities Fund above.
There were specific funds received towards the acquisition of land upon which could be constructed a car park for use by the Church and the Old Chapel.
## **19. LIMITED LIABILITY**
The Trust is a limited liability company incorporated in England and Wales. Its liability is limited to the guarantee of its current members and any members of the previous year subject to a limit of £1 per member.
Page 17
## **Hartpury Heritage Trust**
|**INCOME AND ENDOWMENTS**
**Donations and legacies**
Donations
Gift aid
Grants
Hall hire
**Other trading activities**
Fundraising events
Hall hire
**Investment income**
Shares in group undertakings
Deposit account interest
**Other income**
Sundry Income
**Total incoming resources**
**EXPENDITURE**
**Other trading activities**
Opening stock
Closing stock
**Charitable activities**
Rates and water
Insurance
Light and heat
Postage and stationery
Sundries
Property repairs
Freehold property depreciation
Heritage asset 2
Grants to institutions
**Support costs**
**Governance costs**
Accountancy and legal fees|**Detailed Statement of Financial Activities**
**For The Year Ended 31 December 2021**
31.12.21
31.12.20
£
£
12,940
10,713
5,937
-
21,900
-
1,505
1,283
42,282
11,996
7,213
2,443
131
162
7,344
2,605
(160)
(5,988)
9,928
10,414
9,768
4,426
-
1,463
59,394
20,490
16,375
17,981
(15,215)
(16,375)
1,160
1,606
127
-
3,754
3,633
260
2,791
-
13
1,982
321
25,695
2,780
18,075
18,075
2,548
2,548
325
4,325
52,766
34,486
780
780|
|---|---|
|||
This page does not form part of the statutory financial statements
Page 18
## **Hartpury Heritage Trust**
|**Detailed Statement of Financial Activities**|||
|---|---|---|
|**For The Year Ended 31 December 2021**|||
||31.12.21|31.12.20|
||£|£|
|Total resources expended|54,706|36,872|
|**Net income/(expenditure) before gains**|||
|**and losses**|4,688|(16,382)|
|**Realised recognised gains and losses**|||
|Realised gains/(losses) on fixed asset|||
|investments|26,471|19,323|
|**Net income**|31,159|2,941|
This page does not form part of the statutory financial statements
Page 19