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||||Page|
|---|---|---|---|
|Reference and Administrative
Details ofthe Company,||its Trustees and Advisers||
|Trustees'
Report|||2-14|
|Independent
Examiner's|Report||15|
|Statement of Financial|Activities||16|
|Balance Sheet|||17|
|Notes to the Financial Statements|||18-31|
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|Trustees|||Mr C Duckworth
OBE(Deceased 15 November|Mr C Duckworth
OBE(Deceased 15 November|Mr C Duckworth
OBE(Deceased 15 November|Mr C Duckworth
OBE(Deceased 15 November|2020)|
|---|---|---|---|---|---|---|---|
||||Mrs SE Duckworth|||||
||||Mrs S L Brook (Resigned 25||February 2020)|||
||||Miss JS Duckworth|||||
||||Mr Paul Bowman (appointed||28|February 2021)||
||||Mrs Diana Crabtree (appointed|||28 February 2021)||
||||Mr Matthew Jenkins (appointed|||28 February 2021)||
||||Mr Benjamin
Lewing|(appointed||28 February 2021)||
||||Mr Timothy
Rolph (appointed||28 February 2021)|||
||||Mr Michael Webb (appointed||28 February 2021)|||
||||Mrs Rebecca White (appointed|||28 February 2021)||
|Company|registered|||||||
|number|||03568095|||||
|Charity registered||||||||
|number|||1074469|||||
|Registered||office|1-3College Yard|||||
||||Worcester|||||
||||Worcestershire|||||
||||WR1 2LB|||||
|Independent||Examiners|Bishop Fleming
LLP|||||
||||Chartered
Accountants|||||
||||1-3College Yard|||||
||||Worcester|||||
||||WR1 2LB|||||
|Bankers|||National
Westminster|Sank pic||||
||||1 The Cross|||||
||||Worcester|||||
||||WR1 3PR|||||
|Solicitors|||Hallmark
Hulme
LLP|||||
||||3, 4 8 5Sansome Place|||||
||||Worcester|||||
||||WR1 1UQ|||||
|Investment||advisors|StJames' Place|||||
||||Home Farm Stables|||||
||||The Berkswell Estate|||||
||||Meriden
Road|||||
||||Berkswell|||||
||||CV7 7SL|||||
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||||Endowment|Unrestricted|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|funds|funds|
|||Note|2020
f|2020
F|2020
E|2019|
|INCOME AND ENDOWMENTS|FROM:||||||
|Donations
and legacies||||124,362|124,362|200,573|
|Charitable
activities||||214,069|214,069|240,398|
|Investments||||5,541|5,541|33,334|
|TOTAL INCOME AND ENDOWMENTS||||343,972|343,972|474,305|
|EXPENDITURE ON:|||||||
|Charitable
activities||||494,946|494,946|543,124|
|TOTAL EXPENDITURE||||494,946|494,946|543,124|
|NET EXPENDITURE BEFORE NET|||||||
|(LOSSES)/GAINS
ON|||||||
|INVESTMENTS||||(150,974)|(150,974)|(68,819)|
|Net (losses)/gains
on investments||||(12,000)|(12,000)|22,727|
|NET MOVEMENT
IN FUNDS||||(162,974)|(162,974)|(46,092)|
|RECONCILIATION
OF FUNDS:|||||||
|Total funds brought
forward|||88,280|937,085|1,025,365|1,071,457|
|Net movement
in funds||||(162,974)|(162,974)|(46,092)|
|TOTAL FUNDS CARRIED FORWARD|||88,280|774,111|862,391|1,025,365|
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||||2020|2019|
|---|---|---|---|---|
|||Note|||
|FIXEDASSETS|||||
|Tangible assets||9|183,501|199,190|
|Investments||10|414,383|700,383|
||||597,884|899,573|
|CURRENT ASSETS|||||
|Stocks||11|4,080|3,229|
|Debtors||12|228,121|135,619|
|Cash at bank and|in hand||57,711|13,306|
||||289,912|152,154|
|Creditors: amounts|falling due within one||||
|year||13|(25,405)|(26,362)|
|NET CURRENT ASSETS|||264,507|125,792|
|TOTAL ASSETS LESSCURRENT|||||
|LIABILITIES|||862,391|1,025,365|
|TOTAL NET ASSETS|||862,391|1,025,365|
|CHARITY FUNDS|||||
|Endowment
funds||15|88,280|88,280|
|Unrestricted
funds||15|774,111|937,085|
|TOTAL FUNDS|||862,391|1,025,365|
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|Freehold
land|- Not Depreciated|
|---|---|
|Leasehold
Property|- Over the period ofthe lease|
|Motor Vehicles|- 20% straight
line|
|Fixtures 8 Fittings|- 20% straight
line|
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|||Unrestricted|Total|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2020|2020|2019|
||||F||
|Donations||41,423|41,423|200,573|
|Government|grants|82,939|82,939||
|||124,362|124,362|200,573|
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||||Unrestricted|Total|Total|
|---|---|---|---|---|---|
||||funds|funds|funds|
||||2020f|2020
E|2019|
||Activities for generating|funds|214,069|214,069|240,398|
|5.|INVESTMENT INCOME|||||
||||Unrestricted|Total|Total|
||||funds|funds|funds|
||||2020|2020|2019|
||||||E|
||Rental income||5,541|5,541|19,325|
||Income from listed investments||||5,773|
||Bank and other interest|receivable|||8,236|
||||5,541|5,541|33,334|
##
||Activities||||
|---|---|---|---|---|
||undertaken|Support|Total|Total|
||directly|costs|funds|funds|
||2020|2020|2020|2019|
||E|E||E|
|Direct costs|378,857||378,857|436,413|
|Support costs||116,089|116,089|106,711|
||378,857|116,089|494,946|543,124|
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|||||Total|Total|
|---|---|---|---|---|---|
|||||funds|funds|
|||||2020|2019|
|||||E||
|Staff costs||||303,840|308,738|
|Grants payable||||500||
|Activities|undertaken||directly|1,293|42,827|
|Postage|and|stationery||455|924|
|Sundry||||85|90|
|Stock purchased||||56,752|70,766|
|Closing|stock|||4,080|3,229|
|Governance||costs||11,852|9,839|
|||||378,857|436,413|
##
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|||Total|Total|
|---|---|---|---|
|||funds|funds|
|||2020f|2019
E|
||Depreciation|33,510|33,256|
||IT expenditure|5,372|3,157|
||Postage and stationery|1,805|1,616|
||Repairs and renewals|1,659|15|
||Professional fees|9,432|5,962|
||Telephone|5,465|4,644|
||Insurance|12„051|11,073|
||Sundry|14,810|18,856|
||Rent and rates|17,965|18,500|
||Marketing|1,031|842|
||Security and maintenance|559|755|
||Transport
and vehicle costs|3,202|4,535|
||Bank charges|9,127|3,500|
|||116,089|106,711|
|7.|STAFF COSTS|||
|||2020|2019|
|||E|F|
||Wages and salaries|277,606|282,013|
||Social security costs|15,902|16,306|
||Other pension costs|10,332|10,419|
|||303,840|308,738|
|||||2020|2019|
|---|---|---|---|---|---|
|||||No.|No.|
|Environmental||Wardens||1|2|
|Management||and Administration||9|17|
|Duckworth|Worcestershire||Trust|11|7|
|||||21|26|
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||Freehold|Leasehold|Motor|Fixtures &||
|---|---|---|---|---|---|
||land
f|Property
f|Vehicles
f|Fittings
f|Totalf|
|COST OR VALUATION||||||
|At 1 June 2019|88,281|444,177|20,516|118,943|671,917|
|Additions|||12,294|5,627|17,921|
|Disposals|||(7,450)||(7,450)|
|At 31 May 2020|88,281|444,177|25,360|124,570|682,388|
|DEPRECIATION||||||
|At 1 June 2019||371,069|20,516|81,142|472,727|
|Charge for the year||20,889|2,459|10,262|33,610|
|On disposals|||(7,450)||(7,450)|
|At 31 May 2020||391,958|15,525|91,404|498,887|
|NET BOOK VALUE||||||
|At 31 May 2020|88,281|52,219|9,835|33,166|183,501|
|At 31 May 2019|88,281|73,108||37,801|199,190|
##
||Listed|
|---|---|
||Investmentsf|
|COST OR VALUATION||
|At1 June2019|700,383|
|Disposals|(274,000)|
|Revaluations|(12,000)|
|AT 31 MAY 2020|414,383|
|NET BOOK VALUE||
|AT 31 MAY 2020|414,383|
|AT 31 MAY 2019|700,383|
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|||||||2020|2019|
|---|---|---|---|---|---|---|---|
||||||||f.|
||Finished goods and goods||for|resale||4,080|3,229|
|12.|DEBTORS|||||||
|||||||2020|2019|
||||||||E|
||DUE WITHIN ONE YEAR|||||||
||Trade debtors|||||127|9,413|
||Amounts
owed by participating|||interests||75,000||
||Other debtors|||||35,716|7,023|
||Prepayments
and accrued||income|||117,278|119,183|
|||||||228,121|135,619|
|13.|CREDITORS: AMOUNTS||FALLING DUE WITHIN ONE YEAR|||||
|||||||2020|2019|
|||||||E|E|
||Trade creditors|||||20,364|21,371|
||Accruals and deferred|income||||5,041|4,991|
|||||||25,405|26,362|
|14.|FINANCIAL INSTRUMENTS|||||||
|||||||2020|2019|
|||||||E|E|
||FINANCIAL ASSETS|||||||
||Financial assets measured||at fair value through||income and expenditure|57,711|13,306|
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|STATEMENT OF FUNDS -C|URRENT YEAR|||||
|---|---|---|---|---|---|
||Balance at 1|||Gains/|Balance at|
||June 2019
E|Income
f|Expenditure|(Losses)
f|31 May 2020
E|
|UNRESTRICTED FUNDS||||||
|DESIGNATED FUNDS||||||
|Designated
Funds - all funds|155,186||||155,186|
|GENERAL FUNDS||||||
|General Funds|781,899|343,972|(494,946)|(12,000)|618,925|
|TOTAL UNRESTRICTED||||||
|FUNDS|937„085|343,972|(494,946)|(12,000)|774,111|
|ENDOWMENT
FUNDS||||||
|Endowment
Funds - all funds|88,280||||88,280|
|TOTAL OF FUNDS|1,025,365|343,972|(494,946)|(12,000)|862,391|
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|STATEMENT OF|FUNDS -PRIO|R YEAR|||||
|---|---|---|---|---|---|---|
||Balance at|||Transfers|Gains/|Balance at|
||1 June 2018|Income|Expenditure|in/out|(Losses)|31 May 2019|
||E|F|F|F||E|
|UNRESTRICTE|||||||
|D FUNDS|||||||
|DESIGNATED|||||||
|FUNDS|||||||
|Designated|||||||
|Funds|155,186|||||155,186|
|GENERAL|||||||
|FUNDS|||||||
|General Funds|327,991|474,305|(543,124)|500,000|22,727|781,899|
|TOTAL|||||||
|UNRESTRICT|||||||
|ED FUNDS|483,177|474,305|(543,124)|500,000|22,727|937,085|
|ENDOWMENT|||||||
|FUNDS|||||||
|Endowment|||||||
|Fund|588,280|||(500,000)||88,280|
|TOTAL OF|||||||
|FUNDS|1,071,457|474,305|(543,124)||22,727|1,025,365|
|SUMMARY|OF FUNDS|- CURRENT YEAR|||||
|---|---|---|---|---|---|---|
|||Balance at 1|||Gains/|Balance at|
|||June 2019|Income|Expenditure|(Losses)|31 May 2020|
||||F|F|||
|Designated|funds|155,186||||155,186|
|General funds||781,899|343,972|(494,946)|(12,000)|618,925|
|Endowment|funds|88,280||||88,280|
|||1,025,365|343,972|(494,946)|(12,000)|862,391|
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||Balance at||||||
|---|---|---|---|---|---|---|
||1 June 2019|||Transfers|Gains/|Balance at|
|||Income|Expenditure|in/out|(Losses)|31 May 2019|
|||||E|E||
|Designated|||||||
|funds|155,186|||||155,186|
|General funds|327,991|474,305|(543,124)|500,000|22,727|781,899|
|Endowment|||||||
|funds|588,280|||(500,000)||88,280|
||1,071,457|474,305|(543,124)||22,727|1,025,365|
##
|ANALYSIS OF NET ASSETS BETWEEN FU|NDS -CURRENT PERIOD|||
|---|---|---|---|
||Endowment|Unrestricted|Total|
||funds|funds|funds|
||2020|2020f|2020
F|
|Tangible fixed assets|88,280|95,221|183,501|
|Fixed asset investments||414,383|414,383|
|Current assets||289,912|289,912|
|Creditors due within one year||(25,405)|(25,405)|
|TOTAL|88,280|774,111|862,391|
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|||Endowment|Unrestricted|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2019|2019|2019|
|||F|E|E|
|Tangible|fixed assets|88,280|110,910|199,190|
|Fixed asset investments|||700,383|700,383|
|Current|assets||152,154|152,154|
|Creditors|due within one year||(26,362)|(26,362)|
|TOTAL||88,280|937,085|1,025,365|
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