Reglst•r•d numb•r: 03690104
Charity numb•r: 1071041
Lodge Hill Trust
{A company limited by guarante•}
Unaudited
Trustses. report and financial statsments
For the year ended 31 December 2021

Lodge Hill Trust
{A ￿MpanY limit•d by guarant••l
Contsnts
Page
Referenc• and admlnlstratlve detalls of th* Company, its Trustg•s and advisers
Trustees. report
Independent examinerfs report
statement of financial aclivities
10
Balance sheet
11-12
Statement of ¢ash flows
13
Notes to the financi21 statements
14-33

**Lodge Hill Trust** 

**(A company limited by guarantee)** 

**Reference and administrative details of the company, its Trustees and advisers For the year ended 31 December 2021** 

## **Trustees** 

Mr Matthew Wykes, DipPFS, Chairman Mr Guy Nelson, MA (Ed); NPQH Mr Richard Whittaker Ms Penny Barnes - Ms Shirley Robinson Viney (resigned 13 July 2022) 

## **Company registered number** 

03590104 

## **Charity registered number** 

1071041 

## **Registered office** 

Lodge Hill, Watersfield, Pulborough, West Sussex, RH20 1LZ 

## **Company secretary** 

Shirley Robinson-Viney (resigned 13 July 2022) 

## **President** 

Col. Sir Brian Barttelot, Bt; OBE; DL 

## **Accountants** 

Kreston Reeves LLP, 9 Donnington Park, 85 Birdham Road, Chichester, West Sussex, PO20 7AJ 

## **Bankers** 

CAF Bank Ltd, Kings Hill, West Malling, Kent, ME19 4JQ 

## **Solicitors** 

Miller Parris, Broadwater, Worthing, West Sussex, BN14 8JB 

## **Investment advisors** 

Waverton Investment Management Ltd, 16 Babmaes Street, London, SW1Y 6AH 

## **Key Management Personnel** 

Lisa May BSc (Hons); Dip HSW, Chief Executive Officer Katie Collet, BSc (Hons), Finance and Operations Manager Claire Harrison, BSc, MHCIMA, Chef Manager Matthew Brown, Lead Activities Instructor (resigned 18 July 2022) 

Page 1 



Lodge Hlll Trust
IA ¢ompany Ilmited by guarantee}
Reference and admlnlstratlve details of the ¢ompanyi its Trustees and advisèrs Icontlnu•d)
For th• year end￿ 31 Doc•M￿r 2021
Patrons
Mrs Susan Pyper ILord Lieutenant of West Sussex)
Col. Sir Brtan Barttelot, Bl., OBE., DL
The Lord Dholakia, OBE',DL
Sylvia Countess of Limerick, CBE
P8ge 2

Lodge Hill Trust
IA company limit￿ by guarantè¢l
Trust••s' report
For th• yoar •nded 31 Dec•mber 2021
The Trustees prèsent their annual report togethei with the financial statements of the company for the 1 January
2021 to 31 December 2021. The Annual report serves the purposes of both a Trustees, report and a directors,
report under company law. The Trustees confirm that the Annual report and financial stalèmenls of the
charitable company cx)mply with the current statutory requirements, the requirements of the charitable company's
governing document and the provisions ol the Statement of Recommended PracliiE ISORPI applicable lo
charrties preparing their accounts in accordan￿ with the Financial Reporting Standard applicable in the UK and
Republic of Ireland IFRS1021 leffecb've 1 January 20191
Sirice the company qualifies as small under section 382 of the Companies Act 2006, the Strategic report
required of medium and large companies under the Companies AGt 2006 Islralegic Report and Directors,
Report) Regulations 2013 has been omittèd.
Obj•ctives and actlvities
a. ObjKts"v•s and aims
The aim and PUFpose of the Trust is lo ensure that the young people and others of West Sussex and beyond
enjoy the educational benefits available al the Cenlre.
The objects of the Tnjst sel this Out as..
11 The advancomenl of the educab'on of young people, primarily thoso resident In the county of West Sussex. by
helping them to develop their merklal and physical capacities that they may grow lo full maturity as individuals
and members of society and that their conditions of life may be improved.
2} The provisions of facilities for the further education of adults, primarily those resldent in the county ot Wesl
Sussex.
b. Charltable a¢tivities
Under the Charitios Act 2006, the trusl&as are required to report on how the Trust has carrled out its aims foi the
public benefit.
The Trust's objects are set out in the Memorandum of Association and include particulady the advancement of
the education of young people and the provision of the facilities for the further education of adults.
The Charity Commission has set out 2 key principles of public benefit, being that ther8 musl be Identifiable
benefits which are related lo the Trust's aims and that the banefl( must be for the public or a section of the
public.
Al Identifiab￿ benefits relaled to the objects of the Trust include the following..
1. Provision of Facililies
The 32-acr8 sila al Lodgé Hill includes a camp site, residential accommodation, outdoor activities and meeting
and confererbce facilities.
2. Giving an education
The Trusvs omployees include insttuctors who are trained in the use of all the facillties at the site enabling all the
users lo be educated in Ihair use. The instructors are not only able lo leach users how to achieve personal
targets but also, very importantly, how to achieve those targets as a part of a group or team. Th6 Trust achieved
accreditation with "Leaming Outside the Classroom"
Page 3

Lody Hill Trust
IA Company limited by guarantse)
Trustses. report Icontinuedl
For the y•ar ended 31 Dec?mber 2021
3. Preserving Ihe environment
The Trust's 32 acre site is Main￿ woodland which is Maintair￿ by the Trusvs employees for the benefit of all
the users generally bul also allowing, parbcularly, sch(￿1 groups, to fulfil educational requirements arising from
thè national curriculum.
Bl The benefit for th8 public can be illustrated as follows-.
1. In th8 year ended 31 st December 2021. there were approx. 24,068 users Imainty chilc*ren and young people)
who visited Lodge Hill. This is still somewhat redU￿d due lo the pandemic and the restrictions for part of the
year. We continued supporting vulnerable young peopl@ and SEND families throughout the year.
2. Many of these users were young peopla that took part in activities organised by the outdoor instructors during
the period.
The Trust has made it a particular priority lo ensure that the centre's facilities are available for disabled users
and our work in this regard has been reccrfJnised by the Go Easy Improving Access Awards in conjunction wilh
Chichester District Council. The now inclusive faciliLies have attracted a spectrum of users.
Aohiev•m•nts and performance
*. Chairman's Report
Al Lodge Hill we are always planning ahe&11o stay current, deliv&r what we believe our customers want and
adapt to their changing needs. Our main objective is to secure our long-tertn future with a number of initiatives,
ultimately, we strive to be the prime provider of outdoor activities for young people in the South of tha UK.
2021 was unpredictable with the ongoing knkdown situation. It was hard to plan forward for groups wanling to
attend Lodg8 Hill and financially to maintain control of our forecast and c05t structures. We changed and
continually monilored our staffing and (x)sl structures and, although much leaTrer, it has been a great lime lo
grow the tearll from within whilst developing the services we excel at delivering whilst we waited for the full
opening post l(Kkdown.
Towards the end of 2021 and looking at Iha foNard bO0￿.ng8 for 2022. We can se& the need for our ServI￿S
ncieasing beyond &xpectation.
Phase two of our Vision has been delayed due to the pandemic but we are still on Course to deliver a disability
suite with adjacent carers, room. This is an ongoing discussion along with a numbor of other exciting
opwrtunities wa ar6 roviewing.
The sale of a small par￿1 of land on the Northeast boundary continues. We have secured Outline Planning
Permission and move lo the next phase of securirkg interest in the sale and robust plans in-keeping with the
requiiements of The South Downs Planning Authority. This will also secure enough funding to place funds into
reseNe. 11 will also allow us to move forward on our expansive modernizing and maintenance programme.
Our core business is schools on a day visit or residential trip capacity. We have a strong and growing
relationship with West Sussex County Council and are one of their preferred providers of activities for family
groups with a disabled thild or young person. The Challengeu programme for young people that have offended,
are al risk of offending or have disengaged with socioty or education is becoffling an increasing influence on our
overall offering at LcKlge Hill and the need increases with much younger people requiring intervention and
support than we had anlicipaled. Tho centre is licensed for weddings. We have a unique offering for those
wishing lo share their Spe￿al day at Lodge Hill. We have great conference facilities lo host meetings, corporate
events and presenlab.ons that add addrtional income slr8ams to support our core worf( of supporting Ghildren and
young people lo thrive.
The centre would not be the s￿￿￿$S it is without the hard work and dedication of the superb Lodge Hill team
guided by Lisa May, our dedical8d CEO and the hours of voluntary work carried out by our highly motivated
Page 4

Lodge Hlll Trust
IA ¢ompgny limlted by guarantee)
Trust¢¢s' report {¢ontinuedl
Forth¢ year ended 31 D•¢*M￿r2021
Trustees. We are incredibly lucky to re￿1ve wide ranglng support from generous funders, sponsors and donors.
Our President, Patrons and Company Members have played a slgnificant role in the development and success
of Lodge Hill through their continued support. Looking forward, it is exciting to see a new team bond and drive
Lodge Hill to a different level. 2022 will hopefully be Iwthout any Interruptions). our busiest year yel, I look
fO￿ard to sharing this with you next year.
Dovelopment p12ll
In developing our business plan, we recognised that the challenge for Lodge Hill was to become a viable and
accessible, 'high-class provider of choice for users from West Sussex and beyond requiring outdcbor activities,
rèsidential trips and day meetingSl¢onferen￿s, thus enabling the Trust to remain financially sustainable. Wè
reaffirmed the Trust's mission to target a wide range of groups and individuals, including those with physical
disabilities, mental health or learning diffi¢ullies and young offende[5. The business plan identified that in order to
achieve this challenge the Trust would need lo..
1. Maintain financial sustainabilty whilst ensuring Lodge Hill provides best value for money for young people
2. Maintain a professional and committed staff team
3. Maximise Ihe use of facilities and establish on-going communications with key players and supporters
4. Maintain Ihg contre and its faGilities to a high standard and plan appropriat8 improvements
5. Establish joint infiialives with r￿Qgnised partners and targeted fvnding.
The business plan is a 'live' document and as SUGh is constantly being updated and refined.
b. Key perfomian¢• Indloators
The principal indittators of performance are financial reporting of current results compared to the budget
numbers and previous years. The budget is formally adopted al a meeting of Trusiees at the start of the year.
Financial reports are prepaTed by the Accounts Manager and considered in detail by the Finance Cornmillee four
times per year. They are presented and discussed by the full board of trustees al each of their meetings. Client
satisfaction and statistics of repeat booklngs are also considered as performance indicators.
. Event5 sln¢e the balan¢e shvtt dote
As expected, we have relumed to full operation in 2022_ Bookinos are buoyant for th8 rest of 2022 and forward
into 2023. We have taken bookings from new customers for regidenlial and activity days who would previously
have visited other cente[3 further afield.
At the time of writing the Trust has not utilised the CAF loan it took out as a safeguard when the p8ndemic
began.
d. Investment poltcy
The Trust has unrestricted authority to invest ils funds irb the furtherance of its charitable objectives. A proportltsn
of retained reserves is held ifi the form of listed investments. It is the Trus¥s policy to have these managed by an
independent investment manager under a discretionary mandate requiring a mix of equity ar¢d fixed income
investments. A51hough the Trust has not adopted a Speci￿ ethical policy, they have instruGled the investment
rnanager that Ihey should refrain from investing in companies that undertake activities that are incompatible with
the aims and obje¢liv6s of Lodge Hill. The Irusteos rèview the performance of the Investrnent manager
periodically and consider the returns achieved to date to have been satisfactory.
Financial revlew
a. Finan¢ial review
2021 has kneen a year of recovery followlng the Covid-19 pandemic. We were able lo deliver some residential
bookings but still slgnificantly less than previous yearB as schools were hesilanl to book in case further
restrictions were irnposed. We continued to provide outdoor activities to both small family groups and schools
preferring to visit for days. We have also increased our AllernatNe Provision sessions which has added to the
Page 5

L¢xlga Hill Trust
IA ¢ompany Ilmlt•d by g￿rants0)
Truste•s' report Icontinu•d)
For th• y•ar ended 31 D•t)•mb•r 2021
increase in activities income for the year {2021'. £206,555, 2020.. £117,711}.
Costs have remained largely stable even with the increase in charitable activthes due lo strict controls and
staffing structure changes. The overall nel movement of funds for the year was a surplus of £20,332, cgrllpared
to a deficit of £85,127 in 2020.
b. Going con￿rn
After making appropriate enquiries, the Trustees have a reèson8bl& expectation that the company has adequate
resources to continue in operational existen￿ for the foreseeable future. For thi8 reason, they continue lo adopt
the going concem basis in preparing the financial statements. Further details regarding the adoption of the going
concem basis can be found in th@ accounting policies.
. Reserve5 polloy
The Trustee5 review the level of re5etves regularfy. Reserves are a key element of financial stability and allow
the Trust lo cope wÉth the fluctuating nature and liming of cash flDw5. ReseNas allow the Trust to deal with
unexp&cted expenditure or changes in income and give time for appropriate action to be taken.
The total funds at the year-end were £2,166,42212020.. £2,146,090). Of this total, £2,101.03712020.. £2,141,291)
is designated as follows..
The fixed asset fvnd is not readily available to spend, it is the balance of the fixed assets. value.
The Continuity reserve is th8 balance of the current asset investments, value.
8tru¢tUrn¥ gov•mance and man#g•ment
a. Constitution
Lodge Hill Trust (the chenty or the Trust) is a private company limited by guarantee under registered number
03590104, and a registered Charity under charity number 1071041. It was incorporated on 30th June 1998 in the
United Kingdom. The charity is govemed by its Memorandum and Arb'cles of Association.
b. Methods of Appolntm•nt or ¢le¢tlon ol Trustees
New trustees are recruited primarily by utilising the knowladge of the existing Iruslees who have a wide network
of contacts in the voluntary and business communities in West Sussex. Potential trust@&s visit Lodge Hill and
meet wilh the chairman and at least one other trustee. They are provided with background papers and receive a
detailed briefing. If both sides feel that they wish to proceed, the potential trustee is invited to attend a trustees,
meeting as an observer. Followng the meeting a decision is made on whether lo invite the Individual to becomé
a trustee.
When seeking new trustees L(Klg& Hill looks for'.-
Compatibility with the chariws values, aims and way of wotking.
Availability to attand m8etingg, support activities, work on sub-committees, interact with staff and to encourage
supporters.
An enduring enthusiasm for the charity's objectives.
An ability to establish priorities and to make logical decisions.
They musl be able to contribute effectively, to have listening skills and must have a willingness to share
responsibilities.
While spea81isl expertise is not a pre-requisite, new trustees should enrich the diversity of the board.
Page 8

Lodge Hill Trust
{A company limited by guarant¢el
Trustees. report (continued)
Fgr the yeaT ended 31 Decembef 2021
Trust￿$ must possess indèpendence of mind and have the skill lo challenge Constructively, and be capable of
and have axperience of strategic thinking at board level. All new trustees join an induction programme designed
lo familiarise them with tho strategy, managemènt and day-tr)-day activty of Lodge Hill,
. Organisational structure and de¢ision4naking policles
The trustees meet as a board on al 18ast four occasions during the year. Closer involv8menl in the tharitys
activities is maintained by appropriate committees of trustees, staff, users and professional advisers, Each
ommittee reports to the board and is chair6d by a trustee. Committees that were ifi pla(x itb 2021 were..
Premises
Financa
Health ard Safety
Marketing
Vision
The day-to-day activities have been directed by th& Chief Executive, Lisa May, who works Closety with the
chairman of the Trustees. Shé is supported by her management team.
Wider network
Lodge Hill works with a wide range of youth and community organisalions but d￿S not have formal links wth
any wider ne￿01￿,
d. Pay pollcy lor senlor staff
The Finan￿ Cownmittee together with the Chairperson Tneet in De￿mber to consider salarias for key staff to be
applied In the following financial y8ar. The Committee consider proposals from the Chief Execut4ve which take
into account prevailing rates of pay in the local area together with any change in responsibilities. The Committee
also consider the remuneration of the Chief Executwo.
•. R8lat•d party relationships
The Supporters of Lodge Hill is a separate charity (registration nutnber 10872691 that SUPPDrts the work of
Lodge Hill. It has ils own constitution and trusle8s.
The Trust owns the issuèd shar8 capital of Lodge Hill Servic8s Limited. Thi5 company is dormant and has not
traded during the current financial year.
f. Flnan¢ial Yisk management
The Trustees consider the risks faced by the Trusl at a special meeting al the year end and also consider
measures lo reduce their likelihood and impa¢l.
Sudden loss of income is the principle concern sither from changes in the mathel which could reduce the
capacity of the trust's clients to fund their visits or from damage lo the facilities. The former risk is countered by
sustained, targeted marketing and efforts to incrp.ase the bre￿th of its user groups. Risks to the facility are
countered by careful management and an awareness of risks in the day to day operabons.
Page 7

Lodge Hill Trust
(A Gompany Ilmlted by guaranteè)
Trustees. report (continued)
For the year ended 31 December 2021
statem•Trt of Trustees. r¢sponsibilities
The Trustees (who are also the directors of the company for the putTroses of company lawl are responsible for
preparing the Trustees. report and the financial statements in accordance wilh applicable law and Uniled
Kingdom Accounting Standards (Unrted Kingdom Generalty Accepted Accounting Practi￿1.
Company law requires tho Trustees lo prepare financial statements for each financial . Under company law, the
Tru5te8s must not approve the financial slatemenls unless they are satisfied that they give a Iwe and fair view of
the stste of affairs Df the company and of its in￿ming resource5 and application of resources, including its
income and axpanditure, for that paricKI. In preparing thèse financial statements, th8 Trustees are required lo..
select 5Uttable accounting policies and then apply them consistently.,
- observe the methods and principle5 of the Charities SORP IFRS 102}',
rnake judgments and accounting estimates that are reasonable and prudent.,
state whether applicable UK Accounting Standards IFRS 1021 have been folk)wed, subject to any
material departures disclosed and explained irk thé financial statements.,
prepare th@ financial statements on the going concern basis unless it is inapproprkgle to presume that
Iha company will continue in business.
The Trustaes arB responsibl8 for k8@ping adoquale acc£)unling records that ar8 sufficient tr) show and explain
the companls transactions and disclose with reasonable accuracy al any time the financial position of the
company and 8nable them to ensure that the financial statements comply with the Companies Act 2006. They
are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the
prev8ntion and detection of fraud and other irr&gularilies.
Approvod by or
r of the Mam￿r$ of th8 board of Trust88s and signed on their b8halt by=
Mr Matthew Wyk¢s, DipPFS
Dale.. 08 September 2022
Page 8

Lodge Hill Trust
IA company.Ilmlted by guarantee)
Independent examinerfs report
For th• year ended 31 December 2021
Independent examinerfs r¢port to the Truste•s ol Lodge Hill Trust (Yh• Company'l
r6POrt to the charity Trustees on my examinab'on of the accounts of the company for the ygar ended 31
Dacember 2021.
R•sponslbilities and basis of report
As th6 Trustees of the company land ils directors for the purposes of company18wI you are responsible for the
preparation of the 8ccounts in accordance with the requirements of the Companies Act 20061'th8 2006 Acfl.
Having satisfied myself that the aixounls of th8 company are not required lo bg audited under Parl 16 of the
2006 Act and are eligible for independent examination, I report in respect of my examination of the compathy's
accounts carried out under section 145 of the Charili8s Act 2011 I'lhe 2011 Acl'}. In carrying out my examination
I have followed the Directions given by Iha Charity Commission under section 14515}Ibl of the 2011 Act.
Indèpend•nt •x4minw's statem•nt
Since the company's gross income exceeded £250,000 your examiner must be a member of a body listed in
section 145 of the 2011 Act. l Confirm that l am qualified to undertake the examination because l am a member
of lenler body here), which is one of the lislod bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the
examination glvlng me cause to believo..
accountino records were not kept in respect ot the company as required by section 386 of the 2006 Act.,
or
the accounts do not am)rd with those records,. or
the accounts do not comply with the accounting requirements of section 396 of the 2006 Act olher than
any requirement that the accounts give a 'true and fairf view which is not a matter considered as part of
an independent examination- or
the accounts have not been prepared in accordance with the methods and principles of the Statement of
Recommended Practice for awounling and reporting by charities lapplicahle lo charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of
Ireland IFRS 10211.
I have no concems and have come across no other matters in connection with the examination to which
attentio￿ should be dmwn in this report in order to enable a proper understanding of the accounts to be reached.
This report is made solely lo the company's Trusletss, as a body, in accordance with P2rt 4 of the Charities
IAGcounls and Reports) Regulabons 2008. My wotk has been undertaken so that I might state lo the companys
Trustees those matters l am required to state to them in an Independent examiner's r&port and for no other
purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the
company and Ihe company'g Tnjstees as a body, for my work or for this report
Signed-.
Dated.. 08 September 2022
Simon Webber BA IHonsl, DChA, FCA
Kreston Reeves LLP
Chartered Accountants
Chichester
Page 9

Lodge Hlll Trust
(A company Ilmltod by guarante•l
Statement of fln4n¢lal a￿VIll•S Iln¢orp¢rallng In¢ome and expondituro a¢oount)
For the year endgd 31 I￿*mb¢r 2021
Unrèstrtctsd funds
Genor41 D&slgnated RgStrl¢t
funds
funds
funds
2021
2021
2021
Totsl
Total
funds
2021
funds
2020
Income from:
Donations and lega¢ies
Charitable activities
Investments
Other income
110.718
396.629
1.382
25.373
108,556
219.274
395,629
1,392
25.373
258,156
218,814
1,687
30,375
Total Income
633,112
108,556
641.668
5(19.032
Expendlthre on:
Charitable activities
439,522
47,400
141,560
628.482
600,093
T¢tal expondltur•
439.522
47.doo
141,580
628,482
600,093
Nel gains on investmerrts
7,146
7,146
5,934
N•t lexp•ndl￿raylnc0mO
93.590
{40,2541
133,0041
20,332
185,1271
Trnnsfers bthe￿ fU￿S
Net movement In funds
93.590
(40,2541
{33.0041
20.332
185,127)
Reconclllatlon of fvnds:
Total funds brDught forvRrd
Nel movement in lunds
1121,8381
93,590
2.141,291
140,264)
126.637 2.146.090 2,231,217
133.004?
20.332
{85,1271
Total funds ¢arried forward
128,248}
2,101,037
93.633 2.166.422 2,146,090
The Statement of financial activities inoludes all gains and losses rpcognised in the year.
The not@s on pages 14 to 33 fom part of these financial statements.
Page 10

Lodge Hill Trust
(A company limited by ouarantee)
Registered number: 03590104
Balance sheet
As at 31 Detsember 2021
2021
2020
Note
Flxod assets
Tangible assets
12
2,019,635
2,067,035
2,019,636
2,[￿7,035
Current assets
Stocks
13
3,501
44,765
81,401
270,089
2,749
3,227
74,255
244,419
Debtors
Invoslrnenls
ash al bank and in hand
14
15
399.746
324,650
Creditors.. amounts falling due within one
year
16
199,7641
(71,9321
Net ourrent ass•ts
299,982
252,718
Total assets less ourr¢nt liabilitie5
Creditors.. afTh)unts falling due after morè
than one year
2,319,617
2,319,753
17
{153.196)
(173,6631
Net assèts excluding pension asset
2,166rt22
2,146,090
Total n•t assets
2,166A22
2,146,090
Charity funds
Reslricled funds
Unrestricted funds
18
93.633
126,637
Designated funds
General funds
18
2,101,037
128,2481
2,141,291
{121,8381
18
Total unrestricted funds
18
2,072,789
2,019,453
T¢)tal funds
2,166,422
2,146,090
Page11

Lodge HS11 Trust
{A oompany limited by guaraEthel
R•glst•rrfl number: 03690104
B4lan¢• sheet leontinu￿)
As at 31 D•¢•mber 2021
The company was entided lo exemption from audit under section 477 of the Companies Act 2006.
The members have not required th@ company to obtain an sudit for th@ year in question in accordance wlth
sectlon 476 of Companies Act 2008.
The Trustees acknowledge their rssponsibilities for complying wllh the requirements of the Act with respoct to
accounting records and preparation of financial statements.
The financial statements hava been prepared in accordancè with the provisions applicable to entities subject to
the small companies regi￿.
The financial statements were approved and aulhorised for issue by the Trustees and signed on their behalf by..
Mr Matth•w Wykes, DipPF8
Date= 08 September 2022
The notes on pages 14 to 33 fomi part of th@se finaThcial ststem6nt5.
P8ge 12

Lodge Hill Trust
(A Company Ilmlted by guaYantee}
statement of oash flov
Forthe year ended 31 D?￿ffl￿r 2021
2021
2020
Not•
Cash Ilows from oporatlng a¢tiviti¢s
Nel cash used in operating activities
20
28.190
{39,6861
Cash flows from investing a¢tivitie5
Dividends, interests and rents from investmenls
1,392
1,687
Net cash provided by inv¢sting 4ctlvltlos
1,392
1,687
Cash Ilows from fin•nolng a¢tlvftl•s
Cash inflows from new borrowing
Repayments of ￿rroWing
150,000
13,9121
Net cash (used InypTovid¢d by finanelng a6tlvltles
(3,912)
150,000
Change In Cash and ¢ash equlvalents in th• year
Cash and cash equivalents al the beginning of tlie year
26,670
112,001
244,419
132,418
Cash and cash equivalents at the end of the year
21
270,089
244,419
The notes on pages 14 to 33 form part of these financial slalements
Page 13

Lodg• Hill Trust
{A company Ilmlted by guarantsel
Notes to the linancial statem¢nts
For thè year ended 21 D•cemb¢r 2021
G•n•r41 informatio
Lodge Hill Trust is a company limited by guarantee incorporated in England and Wales and has no share
capital. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1
per member of the Charity.
The addr8ss of its registered office is..
Lodge Hill
Walersfield
Pulborough
West Sussex
RH20 1 LZ
Accounting pollclos
2.1 Basis of preparation of flnan¢tAI statèments
The financial statements have been prepared in ac£ordance with the Charities SORP IFRS 102)
Accounting and Reporting by Charities= Statement of Recommended Practice applicable to charities
preparing their accounts in accordance wilh tha Financial Reporbng Standard applicable in the UK
and Republic of Ireland IFRS 1021 (effective 1 January 20151, the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 1021 and the Companias Act 2006,
Lodge Hill Trust meets the definition of a public benefit entity under FRS 102. Assets and liabilities
are initially recognised at historical cost or transaction value unless otherwise slated in the relevant
accounting policy.
2.2 Golng concern
The financial statements have t*n prepared on a going concern basis. The trustees have
considered the level of funds held and the expected level of income and expenditure for 12 months
from authortsing these financial statements. The budgeted income and expenditure Is sufficient with
the level of reserves for thè chaFity to be able to continue as a going conc*m.
The charity has been tnalerially affected by the global Covid 19 pandemic whlch emerged in eady
2020. The related government imposed restrictions severely constrained the usual range of activities,
whether on a residential or non-residential basis. There was a significant loss of income in 2020
compared with what had been expècted, although the charity did manage to adapt its se￿iCe Offe￿ng
to negate this to a certain extent. This included increased support and intorvenlton work
vulnerable families arKI young people.
The detrimental impact of Covid 19 on the charrty's operating cash flow was addressed by a range of
measures including support from donors, control of costs, parb"cipation in the government's
Coronavirus Job Retention Scheme, £50,000 of new funding under the Bounca Back Loan sch&me
and a fvrther £100,000 5 year loan facility secured against the chaiity's estate.
During the current repjtting period the charity has recovered well from the pandemic as restrictions
were lifted. The cash and net current asset positions have both strerbgthened and as sucli, the
trustees Ix)nclude that it is appropriate to adopt the going COn￿M basis in preparing the financial
statements.
Page 14

Lodg• Hill Trust
{A cornpany limited by guarant•o)
Notes to the financral statements
For th• year ended 31 Decern￿r 2021
Accounting poliel6s {¢ontinuedl
2.3 Income
All income is recognised On￿ the company has entilletnent to the incorne, it ts probable thal the
income will be recenied and the amount of income ￿e￿7¥able (xn be measured reliably.
The reujgnilion of income from legacies is dependent on establishing entillemenl. the probability of
receipt and the ability to estimate with suff￿lent accuracy the amount receivable. Evidence of
entitlement to a legacy exists when the company has sufficient evidence that a gift has been left lo
them (through knowledge of the existence of a valid will and the death of the benefactor) and the
executor is salisfigd that the p￿pertY ill question will not be required lo satisfy claims in the eslale.
R6ceipl of a legacy musl be recognisad when it is probable that il will be recewed and the fair value
of the atnounl ￿Ceivable, which will generally be the expecled cash amount to be distributed to the
company, can be reliably rneasured.
Gmnts are Included in the Statement of financial aCtiv￿leS on a re￿1vable basis. The balance of
Income retsived for specific purposes but not expended during the period is shown in the relevanl
funds on the Balan￿ sheet. Where income is re￿iVed in advance of entillem@nl of re￿]pt, its
recognition is deferred and included in creditors as deferred incorne. Where entitlemenl occurs
before inwme is received, the incotne is accrued.
Gifts in kind donated for distribub'on are included at valuation and recognised as income when they
are distributed to the proiecls. Gifts donated for resale are included as inwme when they are sold.
Where the donated good is a fixed asset, it is measured al fair value. unless it is impractical to
measure this reliably, in which cas& the cost of the item to the donor should be used, The gain is
recognised as income from donations and a corresponding amount is induded in the appropriate
fixed asset class and deprecialed over Ihe usefvl economic life in accordance with the company's
accounb'ng policies.
On receipt. donat@cS professional seNices and facilities are recognised on the basis of the value of
the gift to thé company which is the amount il would have been willing to pay to obtain seNi￿S or
facililios of equivalent economic benefit on the open market,. a corresponding amount 15 then
recognised in expenditure in th& period of receipt.
Income tax recoverable in relation to donations received urbder Gift Aid or deeds of ctsv@nant is
recognised at the time of the donation.
Income tax recoverable in relab'on to investment income is recognised at the lime the investment
income is receivable.
2.4 Expenditure
Expenditure is recognised once therè Is a legal or constructive obligation to transfer economic benefit
to a third party, 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 classified by activity. The costs
of each activity are made up of the lotsl of direct costs and shared costs, inclLJding support wsts
involved in undertaking each acb'vity. Direct costs attributable to a single activtty are allocated direcdy
to that ￿tiVity. Shared costs which contribute to fflore than one aCt￿lIty and support costs which are
not attributable to a single activity aro apportioned between those activities on a basis consistent with
the use of resources. Central staff costs are allocated on the basis of time spent. and depreciation
charges allocated on the portion of the asset's use.
Expenditure on charitable actNlties is incurred on directly undertaking the activities which further the
company's objectives, as well as any associated support costs.
Page 15

Lodg• Hill Trust
IA ¢ompany limited by guarants•)
Notes to the Iln*n¢ial S￿￿Ornents
For th¢ year onded 31 De6•mber 2021
Accounting policies l¢ontinu•d)
2.4 Exp¢ndituro {eontSnued}
All expenditure is inclusive of irrecovsrable VAT.
2.5 Int¢rest ie¢•ivable
Interest on funds held on deposit Is induded when receivable and the amount can be measured
reliably by the company,. this is r¢ormally upon notifir2tion of the interest paid or payable by the
institution with whom the funds are deposited.
2.6 Tanglblo fixed assets and deprocSAtSon
Tangible fixed assets costing £2,000 or more are capitalised and recognised when future economic
benefits are probable and the cost or value of the asset can be measured reliabty.
Tangible fixed assets are initially recognised at GOSL After recognition. under thg Cost model, tangible
fixed assets are measured at cost less accumulated dapreciation and any accumulated impairment
losses. All costs incurred lo bring a tangible fixed asset into its intended working (x)ndition should be
included In the measurement of Gosl.
Depre¢iatlon Is charged so as to allocate the cost of tangible fixed assets less their residual value
over their eslirnated usefijl lives, on the following bases.
Depreciation is provlded on the following bases-
Freehold property, meeting hall 2 - straight line
arsd campsite
Kitchen, campsite and outdoor
equipment
Motor vehicles
Fixbjres and fittings
Office equipment
10_ 25Q/o Straight line
250A reducing balanc&
150A reducing balanc8
250/0 stralght line
2.7 Stocks
stocks are valued at the lower of cost and net realisable valw after maklng due allowanek for
obsolete and slow-moving stocks. Cost includes all direct costs and Bn appropriate proporhon of fixed
and variable overh8ads.
2.8 Debtors
Trade and other debtors are recognised at tha setuemonl amount after any trade discount offered.
Prepayments are valued at the amount prepaid net of any trade discounts due.
2.9 Cash At bank and in hand
Cash at bank and In hand includes cash and short-term highly liquid investments with a short maturity
of three months cr lèss from the dale of acquisition or opening of the deposit or similar account.
Page 16

Lodg• Hill Tyusl
(A company limlted by guarantstrl
Notes to th• financi41 statsments
For the year ended 31 De¢¢mber 2021
A¢counting policl¢s l¢ontlnu•d)
2.10 Liabilities and provisions
Liabilitses are recognised when there is an obligation at the Balance sheet date as a result of a past
eveNt, it is probable that a transler of economic benefit will be required in settlement, and the aTnount
of the settlement can bo Ostimated reliably.
Liabilrties are recognised at the amount that the company anticipates il will pay to setue th& debt or
tha amount it has received as advan￿ payments for the goods or se[Vi￿S it must provide.
Provisions are measured at the best estimate of the amounts required to sellle the obligakn'on. Where
thé effact of the lime value of money is material, the provision is based on the present value of those
amounts, discounted at the pie-tax discount rate that reflects the risks specific to the liability. Th8
unwinding of the discount is recognised in the Statement of financial activitios as a finan￿ cost.
2.11 Finan¢ial instruments
The company only has financial assets and financial liabilities of a kind that qualify as basic financial
instruments. Basic fina￿Cial instruments are initially recooni5ed al transaclK)n value and subsequently
tneasured at their settlement value with the exception of bank loans which are subsequenuy
measured at amorlised c£)sl using the effeckn.ve inter8st method.
2,12 Finance leases and hire purchase
Assets obtained under hire purchase contracts and financa leases are capit81ised as tangible fixed
assets. Assets acquired by finance leasè are depreciatèd over the shorter of the lease term and their
useful lives. Assets wuired by hire purchase are depreciatéd over their useful lives. Finance leases
are those where substantially all of the benefits and llsks of ownership are assumed by tha company.
Obligations under such agreements are included in creditors. net of the finance charge allocated to
future periods. The finance etement of the rental payment is charged lo the Statement ETrf financial
activities SD as to produce a constant periodlc rale of charg& on the net obligation outstanding in each
peri￿.
2.13 Oporating leases
Rentals paid ullder operaling leases are charged to the Statemenl of financial adivities on a straight
line basis over the lease term.
2.14 P•nsions
In the past the company operated a defined benefits pension schenie for former omployees. The
scheme is a multi employer scheme where it is not possible, in the nomTrl course) of events, to
identty on a consislenl and reasonable basis, the share of underlying assets and liabilities belonging
to individual participating employers. Therefore, as required by FRS102, the company accourbts for
this scheme as if it was a defined conlribution scheme. The amoijnt charged to the Statement of
financial activities inwrporating income and expènditure account represents contributions payable to
the scheme in respect of the accounting period.
The company operate5 a defined contribLrtion pension scheme and thè pension chargè represents
the amounts payable by tlie company to the fvnd in respect of the year.
Page 17

Lt)dge Hlll Trust
(A ¢+Jmpgny limit•d by gustrantse)
Not•s lo thè financial statem•nts
For the year ended 31 Decamb•r 2021
Accounting pollcl•s l¢ontinu•d)
2.15 Fund a￿oUntIng
General funds are unreslricled funds which are available for use at the discretion of the Trustees in
furtherance of the general objectives of the compaiiy and which have not been designaled for other
purposes.
D8signaled funds Compri￿ unreslricled funds that have been sot aside by the Trustees for particular
purposes. The aim and use of each designated fund Is set out in the notes to the ffnanoal
statements.
Restricted funds are funds which are to be used in accordance with specific restrictions imFK)sed by
donors or which have been raised by tho company for particular purposes. The c4)sts of raising and
administering such funds are charged against the spe¢ific fvnd. The aim and use of each reslricled
fund is sel out in the notes to the financial statements.
Investment income, gains and losses are allocated to th6 appropriate tund.
Crltl¢al aceounting estlmates and areas of judgment
Estimates and judgments are continually evaluated and arè based Dn historical experienc6 and other
factors, including expectstlons of ftjture events that are believ&d to reasonable under th8
circumstances.
Critical accountlng estimates and assumptions..
The company makes estimates and assumptions concerning the future. The resulting accounting
estimates and assumptions will, by d6finition, seldom equal the related actual results. The estitnates and
assumptiong that have a significant risk of causing a material adjustment to the carrying amounts of
assets and liabilits.es wthin the next financial year are discussed below.
Crllical areas of judgmentr
Mulb'employer defined benefit pension scheme..
Certain former employees participate in a multiemployer defined benefft pension scheme with other
companies in the region.
Irs the judgement of the Iruslees, the company does not have sufficient
informab.on on the plan assets and liabilities to be able to reliably account for ils share of the defined
benefit obligation and plan assets. Thereft)re the scheme is accounted for as a defined contribution
scheme, sae pension note for further details
Page 18

Lodge Hill TTUSt
{A company limited by guarantee)
Notes to the flnanclal statsm•nts
For the year ended 31 Deeemb•r 2021
In¢ome from donations and lega¢les
Unr•striottsd Restricted
funds
lunds
2021
2021
Total
nds
2021
Total
funds
2020
Donations - Individuals
Donations- Trusts
Donations- Others
Local authority grants
CJRS gralll
15,1D5
1,000
23
15,105
37,000
23
72,566
94,590
6,785
127,150
3,000
36,000
72,556
94,590
121,221
110.718
108,556
219.274
258,156
Total 2020
206,156
52,000
258, 156
Income frorn donations and legacies for 2020 was £208,156 of unrestricted income and £52,000 of
rastricled income.
In¢om• from Charitable activities
Unrestricted
funds
2021
Totsl
funds
2021
Total
funds
2020
Residential and other charges
Day confer&nces
Activities
Campsite hire
153,159
26.751
206,555
9,164
163,159
26,761
206,555
9.164
81,320
15,905
117,711
3.878
Total 2021
395,629
395.629
218,814
Total 2020
218,814
218,814
IncDme from charttabie activities for 2020 was £218,814 of unrestricted income and £nil of restricted
inoom@.
Page 19

Lodge Hill Trust
IA company Ilmlted by gu*ranl•o1
Nth•s to the flnanclal statem•nts
For th• yèar •nd•d 31 D•c•mb•r 2021
Inv•stm•nt in¢om•
Unrestrlcted
funds
2021
Tt>t*l
funds
2021
Total
fvnds
2020
UK quoted investments
UK bank accounts
1,363
29
1,363
29
1,595
92
1,392
1,392
1,687
Total 2020
1,687
1,887
Inve5tm6nt income for 2020 was £1,687 of unrestricted income and £nil of restricted incom8.
Oth•r inGomlng resources
Unr•strict•d
funds
2021
Total
funds
2021
Total
fvnds
2020
Phone mast income
15,455
5,418
4,500
15.456
5,418
4,600
15,201
11,674
3.500
Rental income
Staff accommodation income
25,373
26,372
30,375
Total 2020
30,375
30,375
Other incoming resou￿5 for 2020 was £30,375 of unrestricted income and £nil of restricted in(x)me.
Analysis ot expenditure by a¢tiviti¢s
Aetlvities
undertaken
dire¢tty
2021
support
costs
Total
funds
2021
Total
funds
2020
2021
Activities
618,773
9,709
628,482
600,093
Total 2020
587,939
12,154
600,093
Page 20

Lodge Hill Trust
{A comp4hy limlted by guArant¢el
Not•s to the financial stat•ments
For the year ended 310ec•mber 2021
Anatysis of expenditur• by actlvits•s IcontSnu¢d)
Analysls of direct costs
Total
funds
2021
Total
funds
202Q
A¢tivits'es
2021
staff costs
staff training and welfare
Activities expenses
Cleaning and laundry
Course expenses
Domestic seNices
Equipment purchastsd
Instructors
365,508
5,062
26,981
1,452
25
3£5.508
5,062
26,981
1,462
25
17,178
365,653
2,500
9,223
1.403
80
17,178
7.556
5,594
748
107
20,370
24.390
1,558
2,698
8,317
77,721
48.452
4.651
2,506
4,412
3,551
1,149
14,385
28,850
5,551
2,114
8,og7
47,400
76,860
4,448
788
3,661
1,149
14,385
28,860
5.661
2,114
8,097
47,400
76,860
4,448
788
Unlfomi
Insuran
Light and heat
Motor and travel
Piintinu, postage and stationery
Rates
Depreciation
Repairs and maintenall
Telephone
Sundry expenses
Interast
9,374
9,374
618,773
618,773
587,939
Totsl 2020
587,93g
587,939
Page 21

Lod9e Hill Trust
(A conipany limited by guarant•el
Not•s to th• finan¢lal stst¢ments
For th• y•ar ended 31 Dec￿nber 2021
Anatysls of èxp¢nditure by a¢tlvitie5 {continued
An•lysis ol support C05ts
TotAI
funds
2021
Total
funds
2020
AGtivities
2021
Staff training and welfare
Legal and professional
Activities expenses
Governance e4)st8
1,105
35
945
7,624
1,106
35
945
7,624
1,201
1,834
1,022
8,097
9,709
9,709
12,154
Total 2020
12,154
12,154
Govemance costs comprise of independent gxamination fees of £3.600 12020.. £3,600) and other
a(xountancy fees of £4,02412020. £4,497}.
Indapendent examinorf5 remuneration
2021
2020
Fees payablè to the company's independent examiner for the indeper¢dent
examination of the company's annual accounts
Fe85 payable to the companls independent examiner in respect ot.
All other seryices not included abov8
3.600
3.600
4,024
4.497
10. Staff costs
2021
2020
Wages and salaries
Social Se￿rity costs
Pension costs
340,261
21.917
3,330
343,260
18,186
4,207
365.508
365.653
Page 22

Lodge Hlll Trust
IA company limitod by guarantee)
Not•s to th• finan¢ial statsmfrnts
For lh• yoar •nd•d 31 Docombor 2021
10. Staff oosts leontinuedl
The average number of pe￿On$ employed by the company during the year was as follov4s'.
2021
No.
2020
Full and part time staff
33
27
The number of employees whose employee benefits {excluding employer pension CL)stsl exceeded
£60,000 was..
2021
No.
2020
No.
In the band £60,001- £70,000
Details of key management personnel can be found on the information page. 'fhe lolal amount of
employee benefits lincluding employer pension contributions) received by key management personnel for
the services lo the charity were £157,48412020'. £179,632).
11.
Trustees. remuneration and expense5
During the year, no Trustees receivsd any remuner21ion or other benefits12020 - £NIL).
During the year ended 31 Décern￿r 2021, no Trustee expenses have been incurred12020 - £NILI.
Page 23

Lodge Hlll Trust
IA Gompany Ilmlted by guarant••l
Note5 to lh¢ financial statements
For the year ended 31 December 2021
12. Tangible fixed assets
Freehold
property,
m••ting hall
Fixtures,
4nd fittlngs and
Campsite
equipment
Total
Cost or valuation
At 1 January 2021
2,701,242
342,722
3,043,964
Al 31 December 2021
2,701.242
342,722
3,043,964
Depreciation
At 1 January 2021
Charge for the year
699,726
37.466
277,203
9,946
976,929
47AOO
At 31 De¢smb8r 2021
737,181
287.148
1,024.329
Net book valu•
At 31 December 2021
1,964,061
66.674
2.019,635
At 31 De￿rnber 2020
2,001,516
65,519
2,067,035
The net book value of assèts held under finance leases or high purchase contract5, included atx)ve, is
£22,122 {2020.' £27,653).
13. Sto¢ks
2021
2020
Catering
Finished goods and gcx)ds for resale
2,270
1,231
1,310
1,439
3,501
2,749
Page 24

Lodg• Hlll Trust
IA company limited by guarant••}
Notos to the tlnanclal statements
For tho ytrar &nded 31 De¢ember 2021
14. Debtors
2021
2020
Du• within on• year
Tradè debtors
Prepayments and accrued income
38,896
5,860
46
3,181
44,766
3,227
15.
Currenl asset invostm•nts
2021
2020
Listed investments
Unlisted investments
81,022
379
73,877
378
81,401
74,255
16. Creditors: Amounts lalliny due withln one y•ar
2021
2020
Bank loans
10,437
14,405
17,248
9.440
2,549
45,680
4.723
12,104
26,742
8,013
2,475
17,874
Trade crediLor8
Other laxalion and social security
Obligations Ltnder finance lease and hire purchase contracts
other creditors
Accruals and deferred income
99,764
71,932
2021
2020
Deferred income at 1 January 2021
Resources deferred during the year
Amounts released from previous perio(Is
12,924
40,260
112,9241
20,188
12,924
120,1661
40,260
12,924
Deferred income comprises of phone mast inco￿￿ £15,201 (2020- £12,668), renlal Income of £25612020..
£2561 and activities income of £24,80312020'. £nill.
Page 25

Lodg¢ Hill Trust
IA ¢ompany limit•d by gu2rJnlee)
Notas to the finan¢lal statements
For the year *nd•d 31 D•cembor 2021
17.
Creditors: Amounts falllng du• aft•r mor• than one year
2021
2020
Bank loans
Net obligations under finanGe lease and hire purchase contracts
Other creditors
136,651
11,986
6.668
145,277
20,279
8,107
153,195
173,663
A Bank loan of £100,000. included in creditors falling due after more than orse year, Is secured by a fixéd
charge over the tangible fixed assets of the Charity.
Page 26

Lodge Hill Trust
(A company limited by guorant•el
Notes to th• financial statsments
Forthe year ended 31 December2021
18.
statement of funds
Statement of funds - current year
Balance at
31
Gainsl Docember
{Lossesl
2021
Balanc• at 1
January
2021
In¢om• Expenditur•
Unrestriel•d lunds
O•signated funds
Fixed asset fund
Continuity reserv6
2,067,034
74,257
{47,4001
2,019.634
81,403
7,146
2,141,291
147.4001
7.146
2.101,037
General funds
General Fund
(121,838)
533,112
(439,522)
(28,2481
Total Unr•stricted funds
2.019,46J
533,112
1486,922)
7.146
2,072,789
Reslrioted funds
Tennis court
Rank foundation
Sno-tubing
Adapted golf buggy
Challengeu
Small restricÉed funds
In me.mory of P Hardwick
The Vision Project- Phase 2
2Dth Anniversary
We Cycle Too
Kayaks
Telescope
Christmas pudding concert
Covid relief gr8nts
1,838
820
899
2.410
60,851
2,773
430
56,$49
6,094
1,600
2,704
269
500
1,838
820
899
2A10
21,451
2,642
430
36.000
(66AOOI
1131)
{3,4731
53,076
5,094
1,50Q
2.704
269
600
72,666
72,556)
126,637
108,556
(141,560)
93,633
T¢Jtal of funds
2.146,090
641,668
1628,482)
7,146
2,166A22
Page 27

Lodge Hill TTUSt
IA ¢ompany limlt•d by guarants•)
Note5 to the financial statsments
For the year ended 31 DetseMb•r 2021
18. Statement of funds l¢ontlnued)
Designatod funds:
The ffxed asset fund is nol readity available tr) spend, it is the balance of the fixed a88els' value.
Th@ Continuity reserve is the balan(* of the current asset investments, value.
General funds:
The trustees have considered the deficit in the general fund and consider this lo be Éemwrary, and have
therefore not considered il necessary to draw down on the continuity fund. The trustees will review this
position in future years, should the situation change.
R•stri¢ted funds..
Tennis court- funds receNed to cover the costs of building and maintaining the tennis Court.
Rank foundation funds received lo cover the costs of a students living and general 8xp8nses whilst
completing an apprenticeship al Lodge Hill.
Sno tubing funds - recelvgd to cover the costs of building and maintaining the sno tubing activity.
Golf buggy - funds r￿1Ved toward the costs of an adapted golf buggy which will be purchased once
suffiaent fvnds hav8 been Taised.
Challengeu funds - received to cover certain staffing costs of the Challengeu proiect.
The Vision Project - funds re￿iVed in relation to the refvrbishment.and extension of the kitchen. dining
and residentlal facilities in order to accommodate the increasingly larggr groups wishing lo visit Lodge
Hill. Funds were r￿￿ed from many donors. induding not limited tri.. Individual donations, Garfeld
Weston, Bradbury Fourldation, ACT Foundal'on, Ernest lQeinwort Charitab16 Trust, Edward Gosling
Foundallon, Foyle Foundab"on, Hobsons Charity, Beatri￿ Laing Foundation and Bassil Shippham and
Alsford Trust. Upon expenditure of the restricted income re￿Ived into this fund, on capital items wthin
the restriction, the fund balance is transferred to the designated fixed asset fund, as it Is no longer
available for expenditu￿.
In memory of P Hardwick - funds received in memory of the late Presidenl, Penny Hardwlck. These funds
are being applied to the Vision Project which she fully supported.
20th Annwersary - Lodp Hill has successfully raised furbds to install a bespoke disability suite with
adjacent carers bedroom and en-suite on the ground floor of Hardwick Hall. Lodge Hill now n&8ds to
ra15e £3,000 for soft fumishings, an irblercom system and equipmènt lo make the suite Comfortab￿ and
homely for future visitors.
We Cycle Too ~ This donation was made lo maintain tho Disability Bikes which were gifted to Lodge Hill
in 2018.
Kayaks - This funding was glv2n by th& Hedley Foundation for the purchase of Kayaks and equipment.
Tele￿Ore - These funds were donated by the Rotary Club of Slorrington and PultM)rough District for the
purchase of a telescDpe and training for delivery of sessions.
Christmas Pudding Concert - This fvnding was raised to be used for the fixtures and fittings for the
Disability Suite. when complete.
Covid relief grants - Received to contribute toward core costs and essentral staffing throughout the period
the Centre was ck)sed due to the pandemic reslricb'ons
Page 28

Lodge Hlll Trust
{A comp*ny limitsd by guarantee)
Notes to the fln*nclal statsments
For th• year ended 31 De¢ember 2021
18. Statement ol funds Icontinuedl
Slatem¢nt of funds - prior year
Balance 8t
31
D8￿mber
2020
Balan￿ at
1 January
2020
Gainsl
ILossesl
Income Expenditure
Unrestrlcted funds
Designat•d funds
Fixed asset fund
Continuity rasetve
2,144,755
68,323
177,7211
2.067,034
74,257
5,934
2,213,078
177,721)
5,934
2,141,291
Gen8ral Fund
180,3101
457,032
1498,5601
1121,8381
2,132,768
457,032
1576,281)
5.934
2,019,453
Restricted funds
Tennis court
1,838
820
1,838
820
899
2,410
50,851
2,773
430
56,549
5,094
1,500
2,704
269
SC
Rank foundation
Sno-tubing
Adapted golf buggy
Challengeu
Small rest[￿ed funds
In mefflory of P Hardwick
The Vision Project- Phase 2
20th Anniversary
We Cycle Too
Kayaks
Telescope
Christmas pudding concert
899
2.410
21,452
2.935
2,248
56,549
5,094
1,500
2,704
48,500
119,101)
1162)
11,8181
3,000
500
{2,731)
98,449
52,000
123,8121
126,637
Totsl of funds
2.231,217
509,032
(600,0931
5,934
2,146,090
Page 29

Lodge Hlll Trust
IA ¢ompany Ilmlt•d by guarantee)
Notes to tho financial statements
For the year onded 31 D￿ember 2021
19. Analy515 ol net ass¢ts betweèn tsnds
Anqlysis ol not ass¢ts ￿tween funds - CY￿ent year
Unr¢striGted Restrlotod
funds
funds
2021
2021
Total
funds
2021
Tangible fixed assets
Current assets
credEta￿ due within one year
Creditors due in more than ona year
2,019,635
306,113
199.7641
1153.1951
2,019,635
399,746
199,764
{163,1951
93,633
Tot#1
2,072,789
93,633
2.166A22
Analysis of n•t 2ssets betwoen funds - prlor yeir
UnrestriGled
funds
2020
Restricted
funds
2020
Total
fvinds
2020
Tangible fixed assets
Current assets
Creditors due withln one year
Creditors due in rnore thafj one year
2,067,035
198,013
171,9321
{173,6631
2,067,035
324,650
171,932)
(173.663)
126.637
Total
2,019,453
126,637
2,146,090
Page 30

Lodge Hill Trust
(A company limited by guaranteel
Notss to th• flnancial statements
For the y*ar •nded 31 December 2021
20.
Recon¢iliatlon of net movement In funds to net cash flow from operating a¢tivitie5
2021
2020
Net incomelexpenditure for the year las per Statement of Financial
AGtiviliesl
20,332
185,1271
Adjustments for:
Depreciation charges
(Gainslllosses on investments
Dividends, interests and rents frovll investrrEnls
Decreasellincreasel in stocks
Decreasellincreasel in deblnrs
Increasel{d8crease) in -reditors
47.400
(7,1461
{1,3921
{7621
141.628)
11,278
77,720
15,9341
11,6871
2,052
26,558
153.2681
Net cash provlded byl{us•d in) operating activiti¢s
28.190
139,686)
21. Analysls ol Gash and cash equivalents
2021
2020
Cash in hand
270,089
244,419
Total Cash and cash equivalents
270,089
244,419
22. Anolysls of Ghanges in net debt
At1
January
2021 Cash Ilows
At31
Docember
2021
Finance
l•ases
Cash at bank and in hand
Debt due wthin 1 year
Debt due after l year
Finance leases
Liquid investment8
244.419
{4,723)
{145,2771
{28,2921
74.255
32,536
(6,714)
9,626
(6,8661
270.089
{10,437)
1135,651)
121,426)
81,401
6,866
7.146
140,382
43,694
183,976
Page 31

L4dge Hill Trust
IA Company Ilmhod by guarant¢el
Notes to the financial statsm•nts
For the year•ndod 31 D•c•mber 2021
P•nsion Commitments
D•fin•d contrlbutlon sehem?:
For current employees, Lodge Hill Trusl operates a defined contribution pgnsion scheme. The assets of
the scheme are held separatety from those of the chatity in an independently administered fund. The
pension costs charge(1 lo the statement of financial activities represents contributions payable by the
charity to the fund and amounted lo £2,271 12020.. £4,809). There were outstanding contributions at the
balan￿ sheet date of £nil.12020.. £nil).
Multi employ•r defined benefit pen51on sch¢m•'.
For certain former empk)yees, Lodge Hill Trust participates in The Pensions Trusys Growth Plan (the
Plan). The Plan is funded and is not contracted out of the stale scheme. The Plan is a multi employer
defined pension plan. The charity's eligible employees are auto enrolled into the pension scheme with The
Pensions Trust.
The Plan Is a multi employer scheme where the plan assets are co-mingled for investment purposes, and
benefits are paid from the total Plan assets. It is not possible in the normal course of events to idenb'fy on
a rÈasonable and consistent basis the share of the underlying assets and liabilities belonging to the
Indlvidual participating employers. Due lo the nature of th& Plan. the acctsunt'ng charge for the year under
FRS102 represents tho 6mployer cofitribution payable.
The rules of the Plan give the TTUStees th8 power to require employers to pay additional contributNJns in
order to ensuie that the statutory funding objective under the Pensions Act 2004 is mel. The statutory
funding objective is that a pension scheme should have sufficient assets to meet its past Se￿iCe Irabilities,
known as technical provisions.
If the actuarial valuation reveals a deficit, the Trustees will agree a recovery plan to eliminate the deficit
over a specified period of time either by way of additional contributions from employers, investment
Tetums or a combination of these.
The rules of the Plan stale that the proportion of obligatory contribLrtions to be kx)rne by the member and
the member's employer shall bè determined by agreem8nl between them. Such agreement shall require
the employer to pay part of such contribukn'ons and tnay provide that the employ&r shall pay Ihe whole of
them.
The totsl employer contribution made for the year ended 31 December 2021 was £3,20812020'. £2,603).
The agr￿d normal contribution rates for future years are 30/0 for the employer and 50/0 for the employees.
At the year end there were outstanding contributions of £nil1202D.' £nill. As at the balan￿ sheet date
there were O active members of the Plan employed by Lodge Hill Trust.
Actuarlal valuallons are carrigd out every three years for funding purposes using the projected unil
method. The fundillg position is ￿lculated by comparing the assets with the past seNice liabilities as al
the valuation date. Asset values are calculated by reference lo market levels. Accnjed past service
liabilities are valued by discounting expected ftjture benefit payments using a discount rale calculated by
referenc8 to the expected future investment returns.
The most recent valuation available results are as at 30 September 2017. The marf(et value of the Plan's
assets at the valuation date was £796 million and the Plan's Technical Provision5 li.e. past service
liabilities) were £928 million. The valuation therefore revealed a shortfall of as5els compared wlh the
value of liabilities af £132 million. equivalent to a funding level of 86%.
Regulations require the Trustee to set a prudent basis for valuing the Scheme's banefits. talang into
account the strength of the employers, covenant and the Scheme Actuary's advice. The Truslets is also
required to corbsult with employers or their representative. The Growth Plan Employer Consultative Group
IGPECGI, which acts as the employers. representative for th@ purposes of Scheme funding, have been
consulted on the valuation basis and assumptlDns. The value of the liabilities on this on going basis is
Page 32

Lodge Hill Trust
{A oomp#ny limtted by guarant*•l
Notes to the financlal stst•ments
For the year trnded 31 De¢ember 2021
23.
Pension oommitm•nts {¢ontinued)
known as the Technical Provisions.
Where a Scheme's assets are less than the Technical Provisions a recovery plan must be put in place to
show how the deficit Can be eliminated over a flxed period. The recovery plan musl be submitted to The
Pensions Regulator who may investigate SCher￿S and require changes where the Technical Provisions
8ra sel at too low a lev$1 or where the rocovery period is loo long. The recovery plan for the Growth Plan
elms to eliminate the deficit via a combination of additional contributions from employers and investment
returns. The results of the 30 September 2015 valuation showed a reduction of eight tnonths in the1ength
of the recovery plan, which will now ènd on 31 January 2025 instead of 30 September 2025.
Under FRS 102 the amount of additional contributions for Lodge Hill Trust in the period to 31 January
2025 have bèen included as a liability in the accounts.
Operafjng lease commilm•nts
At 31 December 2021 the company had commitments to Make fvture minimum lease payments under
non-cancellable operating leases as follows..
2021
2020
Not later than 1 year
Later than 1 year and not later than 5 years
4,202
4,584
2,292
4,202
6,876
The following lease payments have been recognised as an expense in the Statement of financial
activities..
2021
2020
Operaling leaso rentals
4,684
4,584
25.
Relat•d party transactions
There w6re no transactions with relal@d parties in the year12020= £nill,
26. Controlling party
The company is controlled on a day to day basis by the trustees who are the directors of the company.
27. Support&rs of Lodge Hill
The Supporters of Lodge Hill 18 a separate charity (registration numkr 10872891 that supports the work of
Lodge Hill It has its own constilution and trustees.
Page 33