Docusign En¥ÈlopÈ ID". 00001799-737B4DA8-85Eg-OADCE73DgFOC Company registration number.. 03740059 Charity number.. 1075611 TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2020 30 SEPTEMBER 2020 CONTAMINATED LAND: APPLICATIONS IN REAL ENVIRONMENTS (A Company Limited by Guarantee) MENZIES BRIGHTER THINKING
Docusign En¥ÈlopÈ ID". 00001799-737B4DA8-85Eg-OADCE73DgFOC CONTAMINATED LAND: APPLICATIONS IN REAL ENVIRONMENTS (A Company Limited by Guarantee) CONTENTS Page Reference and Administrative Detsils of the Company. its Trustees and Advisers Trustees. Report Trustees. Responsibilities Statement Independent Examiner's Report statement of Financial Activities Balance Sheet 10 statement of Cash Flows 11 Notes to the Financial Statements
Docusign En¥ÈlopÈ ID". 00001799-737B4DA8-85Eg-OADCE73DgFOC CONTAMINATED LAND: APPLICATIONS IN REAL ENVIRONMENTS (A Company Limited by Guarantee) REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 30 SEPTEMBER 2020 Trustees J C Randall SAGTA F Evans R L Froggatt M Summersgill Company registered number 03740059 Charity registered number 1075611 Registered and principal office Chiltein House Haddenham 8u51ness Centie Thame Road Haddenham Aylesbury Bucks HP17 8BY Company secretsry P Tervel Executive chairman R L Froggalt Accountsnts Menzies LLP Charteied Accountants Centiutn House 36 Station Road Egham Surrey TW20 9LF Bankers Co-operative Bank plc PO Box 101 1 Ballon Street Manchester M60 4EP Indepen(lent examlner Malcolm Lucas FCA Centrum House 36 Station Road Egham Surrey TW20 9LF Page 1
Docusign En¥ÈlopÈ ID". 00001799-737B4DA8-85Eg-OADCE73DgFOC CONTAMINATED LAND: APPLICATIONS IN REAL ENVIRONMENTS (A Company Limited by Guarantee) TRUSTEES, REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2020 The Trustees present their annual report together with the finanaal statements ol the Company for the year 1 October 2019 to 30 Septernber 2020. The Annual Report seNes the purposes of both a Trustees, report and a directors, report under cornpany law. The Trustee5 confirm that the Annual Report and financial statements of the charitable company comply with the current slalulory requirements. the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Pr8¢tice ISORPI applicable to charities prep81ing their accounts in 8c¢ordance with the Finanaal Reporting Standaid applicable in the UK and Republic of Ireland IFRS1021 (effective 1 January 20191. Since the Company qualrfies as small Ljnder section 382 of the Companies Act 2006, the Strategic Report required of medium and large companies under the Companies Act 2006 Istrategic Report and Directors, Report) Regulations 2013 has been omitted. The company also operates under the name CL'.AIRE Legal Status The company is registered as a charitable company lirnited by guarantee and was set up governed by a Memorandum of A550cialion and Articles dated 23 March 1999. The Articles were amended by Special resolutions on 25 April 2008. 5 April 2011 and 21 February 2014. The Board of Ttustees represents the Members as well as academia, local authorities and small and medium sized businesses. The Board of Trustees has overall financial and management responsibility for CL."AIRE. Structure, govemance and management Method of appointment or election of Trustees New Trustees are apopinted by their fellow Trustees and upon appointrnent they are already familiar with the issues surrounding the charity and the work the charity performs through prior involvernent. Policies adopted for the induction and training of Trustees None of the TrLJStees havè any beneficial interest in the company expt the Chairman. The Chairman ieceives a payment, as agreed with the Charity Commission for certain activities that have been agreed by them. These activities are related to activities over and above those of this TrLJStee's responsibilities for which he is not paid. Organisational structure and decision making The legal members have agreed to guarantee the cornpany to a value of £1 in the event of a winding up. Management and Staff Team CL..AIRE staff includes 8 team of four operational and administrative staff. They are responsible for carrying out the day-to- day activities of CL..AIRE and achieving the mpanY'S objectives. Pay and remuneration of the chaiily's staff is sel annually by the Board who take advi from an extern81 HR consultant. Foi 8drnini5tr8tive staff. pay 15 set 8ccoiding to expeiien and m8rket conditions. Foi technical stafl, salaiies ale Set against criteiia such as level of experien and benchmatking against'secto¢ salaries. Advisory Groups The staff are supported by a Technology and Research Group ff RGI. This group consists of individuals with considerable expertise in the practical aspects of research and development and includes researchers, technoloy developers and policy makers. The group provides advice lo CL..AIRE as well as independent verification of CL..AIRE's working documents. The TRG participates in the selection of projects and sites and helps to formulate a demonslralion and research strategy for CL..AIRE. Page 2
Docusign En¥ÈlopÈ ID". 00001799-737B4DA8-85Eg-OADCE73DgFOC CONTAMINATED LAND: APPLICATIONS IN REAL ENVIRONMENTS (A Company Limited by Guarantee) TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2020 Objectives and activities a. Policies and objectives CL..AIRE is an ind8pend8nt, not for profit oig8nisatlOn established to stirnulate th8 regeneration of cont8min8t8d 18nd in the UK by raising awareness of and confidence in practical, sustainable rernediation technologies. CL."AIRE is committed to providing a valuable service for all those involved in contaminated land. The Charity deveops training resources, disseminates information, raises standards through education and acts as a credible resour for all stakeholders, ensuring that it remains at the cutting edge of best practice and innovation. The Trustees have referred to the Charity Commission's guidance on public benefit when reviewing the charity's aims and objectives and in planning fvture activities. In particular the Trustees have ocnsidered how planned activities will contribute lo airns and objectives they have sel. The Aitns of Objectives of the Ch8rity. as sel out in the Articles of Association. are as follows.. Tts advance education and piotnote study and research for the benefit of the public about the protection of the environment generally and without limitation the remediation of contaminated land", To promote the conservation, rehabilitation, reclamation, remediation and improvement of the physical and natural environment for the benefit of the public in the United Kingdom. CL.'AIRE looks to achieve these objectives by working with industry, through its mernbership, lo identify common problems in the field of sustainable land management. Using its extensive experience of developing industry-led initiatives, the charity works with highly respected experts and government lo develop 501utions which are tested and critiqued by technical mernbers to ensure th81 they are fit for purpose. The company iecognises the Importan of accountability and consequently has established a comprehensive and transparent prOsS under which it carries out its activities and prodUS its publications. The prOsS is defined in a number of working documents, most of which are available on its website Iwww.daire.co.ukl. Achievements and perFormance Revièw of activitiès For the finanaal year the chaiity set the following high-level goals." Develop the profile of the charty Grow and further engage technical membership Increase the use and knowledge of the Definition of Waste.. Code of Practice Seek new areas lo educate and train key stakeholders Prepare for the 20th anniversary conference (held in November 20191 The charity mel these objectives by carrying out the following 8clivilies.' During the financial year the cornpany continued to raise its profile within the contaminated land industry through meetings, presentations, media articles, technical and research reports and bulletins, fact sheets and case studies. It continLJes to produce regular and topical information in the form of a monthly e alert service that has a readership ol over 5,000. CL'.AIRE has a portfolio of Technology Demonstration Projects and Research Projects that can be viewed online and actively encourages potential project partners to submit new proposal applications. Page 3
Docusign En¥ÈlopÈ ID". 00001799-737B4DA8-85Eg-OADCE73DgFOC CONTAMINATED LAND: APPLICATIONS IN REAL ENVIRONMENTS (A Company Limited by Guarantee) TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2020 Achievements and performance Icontinuedl Other profile-raising opportunities were generated from the continuation of its secretariat role for The Land Forum which was originally established by DCLG and Defra lo promote the sustainable use of land. It brings together private and public sector organisalions to take an open and forward looking strategic overview of current and future land use issues identifying key challenges as they arise and seeking appiopriale resolutions. All notes from the meeting being made publidy available from CL.'AIRE's website at www.claire.co.ukllandforum. CL.'AIRE technical and corporate membership has remained steady throughout the finanaal year. There is an established communication link beeen CL'.AIRE and the industry which encourages the development of better regulation to rnaintain and improve standards across the industry. As well as providing these essential services. membership has helped to sustain CL.'AIRE to further develop new industry initiatives which solve problems, save money and offer networking opportunities. Membership levels are maintained through networking, engaging industry, rllarketing, training and secretariat roles. CL..AIRE has continu8d its role 8S the facilitator of the Definition of Wast8.' Code ol Practic8, which is an initl8tive designed to improve the sustainable and cost effective development of land. The code of practice has allowed significant cost and environmental benefits to be realised across the UK having been applied to hundreds of projects. Training courses for the linked'qualified person, role remain CL'.AIRE's most popular course. CL.'AIRE's commitment to training and education has also been maintained through the continued growth of the interactive e learning training program for various subjects deemed relevant to the EA and wider industry. The e learning plafform has provided relevant and cost effective training throughout the financial year. Through engaging with its varied Membership and networking groups. GL'.AIRE has ensured that the training it develops is relevant and fit for purpose. Several new areas for training were identified during the financial year and are in the prOs3 of being lumed into both das5room and eleaming training modules. Full details of CL."AIRE projects, initiatives, membership, events and tiaining courses can be found at www.daire.co.uk. Flnanclal revlew a. Golng concern As the COVID situation developed in early 2020, the Board moved quickly to plan for a worst case scenario. This sTrnario was investigated in terms of staff impact. income and expenditure and cash flow. assuming that only a very small perTrnlage of income would materialise, and that CL.'AIRE would use the government's furlough scheme in order to maintain staffing levels until there was a dearer picture of the pandernio's economic impact. In reality. although there was a dip in incorne and activity. there was nowhere near the level of impact that had been planned for. This is due lo a number of factors. bul principally it related lo the fact th81 many of our stakeholders work in seOr$ Ih8t were largely supported through the lockdown. and theiefoie the knock-on effect to CL..AIRE was minim81. b. Incomè The company received funding to carry out its objectives without restriction and this funding is identified in the financial statements as Unrestricted Funds. Other funding was received lor the purpose of supporting specific CL."AIRE projects. This funding is identified as Restricted Funds. The company reiVed £585.53612019'. £548,9181 unrestricted and restricted income during the year. Resources that have been expended are £528.95912019' £536.3661 with £56.57712019.' £12.5521 net accumulated income resource remaining. Page 4
Docusign En¥ÈlopÈ ID". 00001799-737B4DA8-85Eg-OADCE73DgFOC CONTAMINATED LAND: APPLICATIONS IN REAL ENVIRONMENTS (A Company Limited by Guarantee) TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2020 c. Level of ReseNes During the financial period ended 30 Septernber 2020, CL.'AIRE's managernent and Trustees have been pro active in sourcing funds as well as cutting costs where p055ible in order lo enable the charity lo maintain ils operations for the foreseeable future. Grants from extemal funders are paid through CL".AIRE to institutions with regaid to specific projects as set out in note 6 to the accounts. As detailed above, the charity (with support from its advisory groups) Ljndertakes a comprehensive and transparent prO$S of review before committing funds to such projects. As at 30 September 2020, the charity had reserves of £387.124, as compared lo £330,547 at the end of the previous year. For unrestricted reserves, the charity aims to maintain a minimum of £150,000, which is a suffiaent level to meet at least six months operating costs. The remainder of the unrestricted reserves are to be used to provide working capital as well as funding growth where appropriate. d. Risk Risk to the rn8nagetnent of the ¢harilable cornpany is controlled by applying the piinciples of good wrporale governance and adheiing to the Memorandum and Articles of A550ciation and the Members, Agreement, and iegular rneetings of the Board to review and di5CUSS the charitable company'5 operations. The chaiitable company caiiies diiectois, and officers,, and professional indemnity insurance. Employment risk is controlled through the use of a qualified external Human Resources contractor. The charitable company carries employers, liability insuran. Project risk is controlled by a comprehensive and transparent process that involves a formal project application that is reviewed by the Technology and Research Group. Approved projects are sent to the board for ratification. The charitable company has developed legal contract5 that are applied to charitable company approved srtes and piojeds. These contracts are based upon defined rnilestones which ensure that the project is being carried out according to the approved work plan. At the conclusion of of the project the tharitable cotnpany publishes a report describing the piojèct and its results. Finanaal risk is controlled by quarterly reporting of the financial position of the charitable company. Management accounts are prepared by the finance director and viewed and discussed by the Board of Trustees. Statutory financial statements are prepared annually, verified by Menzies LLP, and presented to the board. The charitable company has prepared a Health & Safety and Environmental Policy Slalement to guide charitable cornpany practice in matters that could affect the environment. The charitable cotnpany completes all necessary document8tion to cornply with iequiieTnents of the Registrar of Companie5, the Charity Comtnission, ENTRUST and the Inland Revenue to control regLJlatory risk. è. Invèstmènt poliey The investment policy of the charitable company is to minimise risk and to deposit surplus funds in a high interest account with easy access to the funds. During the year funds in this deposit account were maintained, gaining interest on the consideration deposited. The Trustees consider this to be a suitable use of the charitable companys funds. Page 5
Docusign En¥ÈlopÈ ID". 00001799-737B4DA8-85Eg-OADCE73DgFOC CONTAMINATED LAND: APPLICATIONS IN REAL ENVIRONMENTS (A Company Limited by Guarantee) TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2020 Plans for future periods Future developments CL..AIRE will continue to pursue ils crucial knowledge transfer role in Temedialion and regeneration working with landowners. consultants. technology providers. acadernia, Government and other organisations within relevant sectois. 11 will disseminate and share industry research and best practice as widely as possible to benefit its expanding netwtsrk of members and stakeholders. CL.'AIRE will continue to expand the offering for the Membership scheme, building meaningful and long tem partnerships with organisations and businesses that wish to pursue shared objectives. CL.'AIRE will encourage new technology demonstrations, ensuring that sustainable remediation technologies get the backing the technologies deserve. In doing so CL..AIRE will promote business opportunities to CL..AIRE's partners by linking problem holders with solution providers and targeting grant funding to support the innovation pro53. CL..AIRE will continue to develop training and 8ducational tnaterials. CL."AIRE will continue to support both the public and the private sector in accelerating sustainable regeneration. Small companles note In preparing this report, the directors have taken advantage of the small companies exemptions provided by section 415A of the Companies Act 2006. Approved by order of the members of the board of Trustees and signed on their behalf by.. DoBuSn¢d by.. A51C8A6ECD1F436 R L Froggatt Trustee Date.. 28-Jun-2021 Page 6
Docusign En¥ÈlopÈ ID". 00001799-737B4DA8-85Eg-OADCE73DgFOC CONTAMINATED LAND: APPLICATIONS IN REAL ENVIRONMENTS (A Company Limited by Guarantee) STATEMENT OF TRUSTEES, RESPONSIBILITIES FOR THE YEAR ENDED 30 SEPTEMBER 2020 The Trustees Iwho are also the directors of the Company for the purposes of company lawl are responsible lor preparing the Trustees, Report and the financial staternents in accordan with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Arxounting Practicel. Company law require5 the Trustee5 to prepare financial statements for e8ch fin8rTrcial year. Under company law, the Ttustees must not approve the financial staternents unless they are 58tisfied that they give a true and fair view of the stale of affairs of the Company and of its incoming resources and application of ièsources, including its income and expenditure, lor that period. In preparing these finanaal statements, the Trustees are required to.. select SLJitable aCCOLJnting poliaes and then apply them consistently, observe the methods and principles ol the Charities SORP IFRS 1021., make judgments and accounting estimates that are reasonable and prudent., state whether applicable UK Accounting Standards IFRS 1021 have been followed, subject to any material departures disclosed and explained in the financial statements., prepare the financial statements on the going concem basis unless it is inappropriate to presume that the Company will continue in business. The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the finanaal position of the Company and enable 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 prevention and detection of fraud and other irregularities. Page 7
Docusign En¥ÈlopÈ ID". 00001799-737B4DA8-85Eg-OADCE73DgFOC CONTAMINATED LAND: APPLICATIONS IN REAL ENVIRONMENTS (A Company Limited by Guarantee) MENZIES INDEPENDENT EXAMINER'S REPORT Independent Examine5 Report to the TruBtees of Contaminated Land= Appli¢ations In Real Environment8 I'the CompanYI I report to the charity Trustees on rny examination of the accounts of the Company for the year ended 30 September 2020. R•sponsibilitias and Basis of Report A5 the Trustees of the Company land its directors for the purposes of cornpany lawl you are responsible for the preparation of the accounts In accordance with the requirements of the Companies Act 20061'the 20[ ACYI. 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 the Company's accounts carried out under section 145 of the Charities Act 2011 1.the 2011 Act'l. In carrying out my examiNatioN I have followed the Direction5 given by the Charity Gommission under section 14515llbl of the 2011 Act. Independent Examinerfs Statement Since the Company's gross income exceeded 2250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a member of The Institute of Chartered Accountants in England and Wales, which is one of the listed bodies. I have cornpleled my exarninalion. I confirrn that no mallers have corne lo my attention in connection with the exarninalion giving tne cause to believe.. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act,. or the accounts do not accord with those records., or 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 fail 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 prinaples of the Statement of Recommended Practi for accounting and reporting by charities lapplicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 10211. I h8ve no concern5 and have corne 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. This report is made solely to the Company's Trustees, as a body. in accordance with Part 4 of the Charities (Accounts and Reportsl Regulations 2008. My work has been undertaken so that l rnight state to the Cornpany's Trustees those matters I arn required to state to thern in an Independent Examinerfs Report and for no other purpose. To the fullest extent permitted by law. I do not accept or assume responsibilty to anyone other than the Gomp8Ny and the Gomp8Ny's Trustees as a body. for rny work or for this report. Do¢uSlqned by.. Signed.. Dated.. 28-Jun-2021 73C3939CB1074 Malcolm Lucas FCA Menzies LLP Chartered Accountants Centrum House 36 Station Road Egha Surrey TW20 gLF Page 8
Docusign En¥ÈlopÈ ID". 00001799-737B4DA8-85Eg-OADCE73DgFOC CONTAMINATED LAND: APPLICATIONS IN REAL ENVIRONMENTS (A Company Limited by Guarantee) STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 30 SEPTEMBER 2020 Unrestricted funds 2020 Total funds 2020 Total funds 2019 Note Income from.. Donations and legacies Charitable activities 25.000 560,022 514 25.000 560.022 514 5,300 543.618 Investments Total income 585.536 585.536 548,918 Expenditure on.. Raising funds Charitable activities 73,303 455,656 73,303 455,656 90,(5 446,361 Total expenditure 528.959 528.959 536,366 56.577 56.577 72,552 Net movement In funds Reconciliation of funds= Total funds brought fotward Net movement in funds 330.547 56.577 330.547 56.577 3t 1,995 72,552 387,124 387,124 33Q.547 Totsl fiJnd8 carried forward The notes on pages 12 to 21 foim part of these financial 5tat8m8nts. Page 9
Docusign En¥ÈlopÈ ID". 00001799-737B4DA8-85Eg-OADCE73DgFOC CONTAMINATED LAND: APPLICATIONS IN REAL ENVIRONMENTS (A Company Limited by Guarantee) REGISTERED NUMBER. 03740059 BALANCE SHEET AS AT 30 SEPTEMBER 2020 2020 2019 Note Fixad ass•ts Tangible assets 773 1,358 773 1,358 Current assets Debtors C8sh at bank and in hand 10 89,607 406,688 104,638 343,523 496,295 448,167 Creditors.. amounts falling due within one year 1109,9441 (118,972) Net current assets 386.351 329, 189 Total assèts less eurrent liabilitiès 387.124 330,547 Totsl net a¥¥et¥ 387.124 33Q,547 Charity funds Unrestricted funds 387,124 33D,547 Totsl fijnds 387,124 33Q.547 The Company was entitled to exemption from audit under section 477 of the Companies Act 2006. The members have not required the company to obtain an audit for the year in qLJestion in accordan with section 476 of Companies Act 2006. The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of finanaal statements. The financial staternents have been prepared in accordance with the provisions applicable to entities subject to the small cornpanies regirne. I*58taternents were approved and aulh0ri5ed for issue by the Trustees and signed on their behalf by.. lPF6lbF438 Trustee Date.. 28-Jun-2021 The notes on pages 12 to 21 form part of these financial statements. Page 10
Docusign En¥ÈlopÈ ID". 00001799-737B4DA8-85Eg-OADCE73DgFOC CONTAMINATED LAND: APPLICATIONS IN REAL ENVIRONMENTS (A Company Limited by Guarantee) STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 30 SEPTEMBER 2020 2020 2019 Cash flows from op•rating activitiès Net cash provided by operating 8¢tivities 62,651 14, 741 Cash flows from investiny activities Dividends, interests and rents from Investments Purchase of t8ngible fixed assets 514 (463) Net cash provided byllused inl investing activities 514 14631 Change in cash and cash equivalents in the year Cash and cash equivalents at the beginning of the year 63,165 14,278 343,523 329,245 Cash and cash èquivalents at th• ènd of thè yèar 406,688 343,523 The notes on pages 12 to 21 form part of these financial statements Page 11
Docusign En¥ÈlopÈ ID". 00001799-737B4DA8-85Eg-OADCE73DgFOC CONTAMINATED LAND: APPLICATIONS IN REAL ENVIRONMENTS (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2020 Accounting policies Cont8tnin8led Land. Applications in Real Environrnents is a private company. limited by guarantee. incorporated in England and Wales, cornpany iegistration nuTnber 03740059. The registered office is ChiKem House, Haddenham Bu51ne5s Centie Thame Road, Haddenharn, Aylesbury, Bucks, England, HP17 8BY. 1.1 Basls of preparatlon of financlal statements The financial statements have been prepared in accordance with the Charities SORP IFRS 1021- Accounting and Reporting by Charities.. Statement ol Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffeclive 1 January 20191, the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Companies Act 20Cé. Contaminated Land.. Application5 In Real Environments meets the definition of 8 public benefit entty under FRS 102. Assets and liabilities ale initially recognised at historical cost or Iransadion value unle55 olhetWi5e stated in the ielevant accounting policy. 1.2 Company status The company is a company limited by guarantee. The members of the company are the Trustees named on page 1. In the event ol the company being wound up, the liability in respect of the guarantee is limited to £1 per member ofthe company. 1.3 Fund accounting General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Company and which have not been designated for other purposes. Investment income. gains and losse5 are allocated to the appropriate fund. Page 12
Docusign En¥ÈlopÈ ID". 00001799-737B4DA8-85Eg-OADCE73DgFOC CONTAMINATED LAND: APPLICATIONS IN REAL ENVIRONMENTS (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2020 Accounting policies Icontinuedl 1.4 Income All income is recognised once the Company has entitlement to the income, it is probable that the income will be re1Ve and the amount of income receivable Can be measured reliably. Grants are included in the Statement of Fin8nci81 Activities on a re1vable b8sis. The b818nce of Income reIVed for specific purposes but not expended during the period Is shown in the relevant funds on the Balan Sheet. Where income is received in advance tsf entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued. Donated services or facilities are recognised when the company has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use of the company of the item is probable and that economic benefit can be measured reliably. On receipt, donated professional serVIS and facilities are recognised on the basis of the value of the gift to the Company which is the amount il would h8ve been willing to pay to obtain services or facilities of equivalent economic benerrt on the open market.. a corresponding amount is then recognised in expenditure in the period of receipt. Certain types of Income are shown in the Statement of Financial Activib"es incorporab.ng Income and Expendrfture Account net of expenditure as follows". Income from training and the provision of seNices is recognised as income as the services are provided. Amounts received in respect of future periods is carried forwards as deferred income. Membership income is recognised on a straight line basis over the period of membership. Any proporation of membership receipt5 that relates to future periods is carried forward as deferred income. 1.5 Expenditure Expenditure is recogni5ed once there 15 a leg81 or constructive oblig8tion to transfer economic benefit to a third party, it is probable that a transfei of economic benefits will be requirèd in settlement and the arnount of the obligation can be measured reliably. Expenditure is classified by activity. The costs ol each activity are made up of the total ol direct costs and shared costs, including support costs involved in undertaking each activity. Support costs are those costs incurred directly in support of expenditure on the objects of the company. Govemance costs are those incurred in connection with administration of the company and compliance with constitutional and statutory requirements. Costs of generating funds are c051s incurred in allracling voluntary income. and those incurred in tr8ding ctivilies th* raise funds. 1.6 Going con¢ern As set out In the Tiustee's report, the Board have considered the impact ol the COVID 19 pandemic on the operations of CL."AIRE. Since the year end the disruption to income and operations has been very limited. The Board therefore consider that there will be minimal impact on the ability of CL.'AIRE to continue in operation for at least twelve months from the date of approval of these financial statements and the accounts are accordingly prepared on the Going Concern basis. Page 13
Docusign En¥ÈlopÈ ID". 00001799-737B4DA8-85Eg-OADCE73DgFOC CONTAMINATED LAND: APPLICATIONS IN REAL ENVIRONMENTS (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2020 Accounting policies Icontinuedl 1.7 Government grants Govemrnent grants relating to tangible fixed assets are treated as deferred income and released lo the ststement of Financial Activities over the expected useful lives of the assets concemed. Other grants are uedit8d to the St8tement of Financial Activiti8s as the rel8t8d 8xp8nditur8 is incuired. 1.8 Intèrest rèeèivablè Interest on funds held on deposit is induded when receivable and the amount can be measured reliably by the Company," this is nomally upon notrfication of the interest paid or payable by the institution with whom the funds are deposited. 1.9 Tangible fixed assets and depreciation A review for impairrnent of a fixed asset is carried out if events or changes in circumstances indicate that the carrying value of any fixed asset may not be recoverable. Shortfalls beeen the carrying value of fixed assets and their recoverable amounts are recognised as impairments. Impairrnent losses are recognised inthe Ststemenl of Financi81 Activities incorpor8ting Incorlle and Expenditure Account. Tangible fixed assets ale carried at cost. nel of depre9t10ll and any provision for impairment. Depreciation is provided 8t rates calculated to write off the cost of fixed a85ets. less their estimat8d residual v81ue, over th8ir expected useful live5 on the following bases. Fixtures and frttings 4 years straight line 1.10 Debtors Trade and other debtors are recognised at the settlernent amount after any trade discount offered. Prepayments are valued al the arnount prepaid net of any trade discounts due. 1.11 Liabilities and provisions Liabilities are recognised when there is an obligation al the Balance Sheet date as a result of 8 past event. it is probable that a transfer of economic benefit will be required in settlement. and the amount of the selllemenl n be estimated ieli8bly. Liabilrties are recognised at the arnount that the Cotnpany antipte5 it will pay to settle the debt or the aTnount it has iecei¥ed as advanced payments for the goods or services it must provide. Provisions are measured at the best estimate of the amounts required to settle the obligation. 1.12 Flnanclal Instruments The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently rneasured at amortised cost using the effective interest method. Page 14
Docusign En¥ÈlopÈ ID". 00001799-737B4DA8-85Eg-OADCE73DgFOC CONTAMINATED LAND: APPLICATIONS IN REAL ENVIRONMENTS (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2020 Income from donations and legacies Unrestricted funds 2020 Totsl fund 2020 Tol81 funrls 2019 Donations 1,371 23,629 1,371 23,629 5,300 Government grants 25.000 25,000 5.300 Government giants represents monies received under the Government Ctsionavirus Job Retention Scheme Income from charltable actlvltles Unrestricted funds 2020 Total funds 2020 Total funds 2019 Mernbership subscriptions Training income ConferenTrs 219,747 48,255 27,863 1,860 31,682 230,615 219,747 48,255 27,863 1,860 31,682 230,615 203.857 127,573 Sponsorship and other similiar income Projects and consultancy income Other income from ch8ritable 8Ctivrti85 29,514 43,425 139,249 560,022 560,022 543,618 In 2019, of the lolal inwme from charitable a1VitieS. £543,618 was lo unrestricted funds and £Nil w85 to restricted funds. Investment income Unrestricted funds 2020 Total funds 2020 Total funds 2019 Investment income- local cash 514 514 Page 15
Docusign En¥ÈlopÈ ID". 00001799-737B4DA8-85Eg-OADCE73DgFOC CONTAMINATED LAND: APPLICATIONS IN REAL ENVIRONMENTS (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2020 Analysis of expenditure on charitable activities Summary byfund type Unrestricted funds 2020 Totsl funds 2020 Total funds 2079 Stimulating regeneration of contaminated land 455,656 455,656 446,361 Analysls of expendlture by actSvltles Activities undertaken directly 2020 Support Costs 2020 Total funds 2020 Total funds 2019 Stimulating regeneration of conlaminaled land 289.317 166,339 455,656 446.361 Total 2019 313.644 132, 717 446.367 Analy¥i¥ of 8UPPQrt CQ8t8 Total funds 2020 Total funds 2079 Aetivitiès 2020 Legal and professional Depreciation Office costs Governance costs 61,883 585 61,883 585 78,560 5C16 78.427 25,444 78,427 25,444 102.202 11.449 166,339 166,339 132, 717 Independent examinerfs remuneration Page 16
Docusign En¥ÈlopÈ ID". 00001799-737B4DA8-85Eg-OADCE73DgFOC CONTAMINATED LAND: APPLICATIONS IN REAL ENVIRONMENTS (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2020 Staff costs 2020 2019 Wages and salaiies Soual security costs Contribution to delined contribution pension schemes 229,333 19,937 12,185 197,529 16,743 9.682 261,455 223.954 The 8verage numb81 of person5 8mployed by the Company during th8 y8ar was as follows.. 2020 2019 Number ol management and administrative staff 2020 No. 2019 No. Average headcount expressed as a full time equivalent No employee received rernuneration amounting to rnore than £60,000 in either year. Tangible fixed assets Fixtures and fittlngs Cost or valuation At 1 October 2019 Disposals 42,311 135,1321 At 30 September 2020 7.179 Page 17
Docusign En¥ÈlopÈ ID". 00001799-737B4DA8-85Eg-OADCE73DgFOC CONTAMINATED LAND: APPLICATIONS IN REAL ENVIRONMENTS (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2020 Tangible fixed assets Icontinuedl Fixtures and rittings D•praeiation At 1 October 2019 40.953 585 135,1321 Charge for the year On disposals At 30 September 2020 6,406 Net book value AI 30 Septembei 2020 773 At 30 September2019 1,358 10. Debtors 2020 2019 Trade debtors 86,407 66,229 35,209 3,200 Other debtors Prepayments and 8ccrued incorne 3,200 89,607 104.638 11. Cr•ditors= Amounts falling duè within onè yèar 2020 2019 Trade creditors Other taxation and soaal security Other creditors Accruals and deferred income 7,644 47,308 205 5,513 52,291 95 67,073 54,787 109,944 178,972 Page 18
Docusign En¥ÈlopÈ ID". 00001799-737B4DA8-85Eg-OADCE73DgFOC CONTAMINATED LAND: APPLICATIONS IN REAL ENVIRONMENTS (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2020 Creditors: Amounts falling due within one year Icontinuedl 2020 Deferd income Deferred income at 1 October 2019 61.073 117,475 1128,3291 Resources deferred during the year Amounts released from previous years Deferred income at 30 September 2020 50,219 12. Summary offund8 Summary of funds- current year Balan¢e at 30 September 2020 Balance at 1 Oetobèr 2019 Ineom• Expanditurè Gener81 funds 330,547 585.536 1528,9591 387.124 Summary of funds - prior year Bèlènee at 1 October 2018 Bèlance èt 30 September 2079 Income Expenditu Gener81 funds 317,995 548,918 1536,366) 330,547 13. Analysis of nat ass•ts botrt funds Analysls of net assets between funds- current perlod Unrestrlcted funds 2020 Total funds 2020 Tangible fixed assets Current assets Creditors due within one year 773 496.295 1109,9441 773 496,295 1109,9441 Totsl 387,124 387.124 Page 19
Docusign En¥ÈlopÈ ID". 00001799-737B4DA8-85Eg-OADCE73DgFOC CONTAMINATED LAND: APPLICATIONS IN REAL ENVIRONMENTS (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2020 13. Analysis of net assets betsyeen funds Icontinuedl Analysis of net assets beeen funds- prior period UnSInGled funds 2019 Tol81 funrls 2019 Tangible fixed assets Current a55ets 1,358 448,167 (118.972) 1,358 448, 761 (118.9721 Creditors due within one year Totsl 350,547 330,547 14. Reconciliation of net movement in fund¥ to net cash flow from operating activities 2020 2019 Net income for the period las per Statement of Finanaal Activities) 56,577 12,552 Adlustments for.. Depreciation charges Dividends, interests and rents from investtnents Decreasellincreasel in debtors Increaselldecreasel in creditors 585 15141 15,031 126,6601 (15.5841 17,267 Net cash provided by operating activities 45,019 t4,741 15. Analy¥i¥ of cash and cash equivalents 2020 2019 Cash in hand 406,688 343.523 Total cash and cash equivalents 406,688 343,523 Page 20
Docusign En¥ÈlopÈ ID". 00001799-737B4DA8-85Eg-OADCE73DgFOC CONTAMINATED LAND: APPLICATIONS IN REAL ENVIRONMENTS (A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2020 16. Analysis of changes in net debt At30 September 2020 At 1 October 2019 Cash flows Cash at bank and in hand 343,523 63,165 406,688 343.523 63,165 406.688 17. Penslon commltments The company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted lo £12,18512019.' £9,682). 18. Related party transactions The Chairman R Froggatt received remuneration for consult8ncy services dtjring the period of £20.000 12019.. £21.6671 in an 8rr8ngernent approved by both Charity Commission and the Tiustees. None of the othei Iruslees received any remuneration during the peiiod. Travel expense5 of £39512019". £9661 were reimbursed to 312019.. 21 trustees during the year. The company purchased professional indemnity insurance for its trustees and officers. The charge for the year was £4,e7312019.' £4,675). The key management personnel of the charity are trustees including the chairman. Details of their rernuneration are set out above. 19. Controlling party There is no conliolling party. Page 21