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|CHAIRMAN'S|REPORT||
|---|---|---|
|OUR PURPOSE, OBJECTIVES AND ACTIVITIES|||
||Statement ofregard for CC's guidance|on public benefit|
||Charitable purpose||
||Key activities||
||Meeting our aims and objectives||
||Campaigns||
||Strategic framework||
||Measuring<br>our success||
|STRATEGIC|REPORT||



|ACHIEVEMENTS<br>AND PERFORMANCE||||
|---|---|---|---|
|Public Access||||
|Conservation<br>and Education||||
|Recreation||||
|FINANCIAL REVIEW|||8|
|Reserves policy|||10|
|Principal funding sources|||10|
|Minimisation<br>ofbusiness|risks||10|
|PLANS FOR THE FUTURE|||12|
|STRUCTURE AND GOVERNANCE|||13|
|Relationship<br>with Subsidiary||Companies|13|
|Recruitment<br>and Appointment||ofTrustees|13|
|REFERENCE AND ADMINISTRATIVE DETAILS||||
|RESPONSIBILITY OFTRUSTEES|||15|
|AUDITOR'S REPORT|||16-18|
|FINANCIAL STATEMENTS|||19%5|





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|MISSION|MISSION|MISSION|||||||
|---|---|---|---|---|---|---|---|---|
|||South West Lakes|cares for natural<br>and historic environments,<br>providing||||health, social and||
|||wellbeing<br>benefits for individuals<br>and communities.|||||||
|COMMITMENTS -"RAISE|||our game"||||||
|~||Resilience:|Think long term for biodiversity<br>and people.||||||
|~||Advocate:|Stand up for our beliefs and empower others.||||||
|~||Inclusivity:|Promote equality<br>and dignity<br>in all that we||do.||||
|~||Sustainability:|Innovate for a sustainable<br>future.||||||
|~||Engaging:|Consult stakeholders<br>and develop partnerships||||to achieve more.||
|||"Webelieve engaging<br>with the natural environment<br>enables|||people to grow. "||||
|IMPACT|||||||||
|By|2030:||||||||
|~||For the environment;|Our managed<br>landscapes<br>will be abundant,||diverse and connected.||||
|~||For people:|Lives will be enhanced<br>from experiencing||the|outdoors.|||
|OUTCOMES|||||||||
|Our||managed<br>landscapes<br>will be abundant,<br>diverse, and connected.|||||||
|||~<br>The biodiversity|value ofour places is enhanced<br>and better connected.||||||
|||~<br>Our environmental<br>work is shared and recognised.|||||||
|||~<br>We strive to be|carbon neutral<br>in our activities and processes.||||||
|Lives will be enhanced|||from experiencing<br>the outdoors.||||||
|||~<br>More young people enjoy, respect and benefit from green and|||blue||spaces.||
|||~<br>A more diverse|range ofpeople are inspired<br>by and engaged|with||our places and|||
|||experiences.|||||||
||~<br>The health and||wellbeing<br>ofmore people is improved.||||||
|To|become recognised||as a regional<br>and national<br>exemplar for promoting|||conservation||and|
|recreation<br>and managing<br>the balance between<br>them.|||||||||





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|ort ofthe Trustee|s for the Year Ende|s for the Year Ende|d 31January 2021|
|---|---|---|---|
|REFERENCE AND <br>DETAILS|ADMINISTRATIVE||STRUCTURE, GOVERNANCE<br>AND<br>MANAGEMENT|
|Charity<br>registration<br>number 1079966|||Constitution|
|Company<br>registration|number 3946529||The charity operates<br>under its Memorandum|
|Registered<br>Office<br>Roadford Lake|||and Articles ofAssociation<br>and is constituted<br>as a company<br>limited<br>by guarantee.|
|Broadwoodwidger|||SWLTTrustee Board and Chief Officers|
|Lifton||||
|Devon|||David Robertson,<br>Chairman|
|PL16 ORL|||Chris Balch,|
||||Malcolm Bell|
|Bankers|||Dan James,|
|Lloyds TSBBank pic<br>1"Floor Sedgemoor House|||John Lee, OBE Vice-Chairman<br>Ed Mitchell|
|Dean Gate Avenue|||Dinah Nichols, CB|
|TAUNTON|||Monica Read|
|TA12UF|||Josephine<br>Traill Thomson|
|Solicitors|||Jo Ecroyd (Appointed<br>28January 2021)<br>Matthew Boyer, Company Secretary|
|Matthew<br>Boyer, Solicitor<br>The Generator|||Patrons|
|Kings Wharf<br>EXETER|||Cairns Boston, MBE<br>Keith Bungay|
|EX24AN|||Peter Briens|
||||Roger Preston|
|Tozers LLP<br>North Door, Broadwalk <br>Southernhay<br>West<br>EXETER<br>EX1 1UA|House||Chief Officers<br>James Platts, Chief Executive and Director<br>ofSouth West Lakes Limited<br>Diane Bassett, Strategic Director of|
|Chartered<br>accountants<br>Statutory auditor<br>PKP Francis Clark LLP<br>Centenary<br>House<br>Peninsula<br>Park<br>Rydon Lane<br>EXETER||and|Corporate Services (retired 31 March 2021)<br>Lisa Tame, Impacts and Engagement<br>Director (Environment<br>and Engagement<br>Director from<br>1 January 2021)<br>Colin Valiance,<br>Managing<br>Director ofWheal<br>Martyn Trust, Director ofWheal Martyn<br>Enterprises<br>and Operations<br>Director ofSouth<br>West Lakes Trust (Heritage and Governance|
|EX27XE|||Director of South West Lakes Trust from|
||||January 2021)|
||||Lesley Whitworth,<br>Chief Financial Officer|
||||from 1 January 2021|
||||Neil Reeves, Director ofVisitor Experience|
||||from 1 January 2021|





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|||||Unrestricted|Restricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|---|
||||||Fund:|Fund:|2021|2020|
||||||Wheal|Other|||
||||||Martyn||||
||||Note|E|||||
|Income|||||||||
|Donations<br>and Grants<br>Charitable<br>activities<br>Other trading<br>activities|||4|130,139<br>1,091,994|18,995<br>344,370|6,847<br>533,508|155,981<br>1,969,872|34,985<br> 1,989,019|
|Commercial<br>trading<br>Other<br>Investment<br>income<br>Negative<br>goodwill written back<br>Total income|||7<br>12|1,716,348<br>14,133<br>47,969<br>3,000,583|96,348<br>2<br>47,249<br>506,964|540,355|1,812,696 <br>14,133<br>47,971<br>47,249<br>4,047,902|1,946,937<br>46,531<br>52,556<br>47,249<br> 4,117,277|
|Expenditure|||||||||
|Costs of raising funds|||||||||
|Commercial<br>Iother trading|||6|1,432,514|109,805||1,542,319|1,912,341|
|Other fundraising<br>costs<br>Expenditure<br>on charitable<br>Total expenditure|activities|||87,411<br>1,010,232<br>2 530,157|306,876<br>416681|601,832<br>601,832|87,411<br>1918,940 <br>3548,670|90,310<br> 2,069,276<br> 4,071 927|
|Net income I(expenditure)<br>year before transfers||for the||470,426|90,283|(61,477)|499,232|45,350|
|Transfer between<br>funds|||||||||
|Net movements<br>in funds|before||||||||
|Tax||||470,426|90,283|(61,477)|499,232|45,350|
|Taxation|||||(442)||(442)|7,300|
|Net Movement<br>in funds -|after||||||||
|Tax<br>Reconciliation<br>offunds||||470,426|89,841|(61,477)|498,790|38,050|
|Total funds brought<br>forward|||19|896,781|1,164,799|1,733,007|3,794,587|3,756,537|
|Total funds carried forward||||1,367,207|1,254,640|1,671,530|4,293 377|3,794,587|





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|||||2021||2020||
|---|---|---|---|---|---|---|---|
||||Note|Consolidated<br>f|Charity<br>E|Consolidated|Charity<br>E|
|Fixed assets||||||||
|Intangible assets|||12|(425,237)||(472,486)||
|Tangible assets|||13|3,402,207|1,878,677|3,281,222|2,058,491|
|Investment<br>property|||14|220,000|220,000|220,000|220,000|
|Investments|||||100||100|
|||||3,196,970|2,098,777|3,028,736|2,278,591|
|Current assets||||||||
|Stocks|||15|92,989||82,337|1,700|
|Debtors|||16|841,053|928,004|1,004,748|636,938|
|Cash at bank and|in|hand||1,673,175|618,719|633,481|245,987|
|||||2,607,217|1,546,723|1,720,566|884,625|
|Creditors: amounts||falling||||||
|due within one|year||17|(1,273,810)|(637,887)|(954,715)|(564,552)|
|Net current assets||||1,333,407|908,836|765,851|320,073|
|Total assets less|current|||||||
|liabilities||||4,530,377|3,00?,613|3,794,587|2,598,664|
|Creditors: amounts||falling due||||||
|after more than one||year|18|(23?,0QO)||||
|Net assets||||4,293 377|3,007,613|3794,587|2,598,664|
|Funds||||||||
|Restricted fund: Wheal Martyn||||||||
|Trust|||19|1,254,640||1,164,799||
|Restricted funds:|other||19|1,671,53Q|1,671,530|1,733,007|1,733,007|
|Unrestricted<br>funds|||19|1,367,2Q7|1,336,083|896,781|865,657|
|Total charity funds||||4,293,377|3,007,613|3,794,587|2,598,664|
|Approved p d aut<br>behalf by<br>orised||f r is|the Trustees|on 2R MQ|ZP Lt|and signed on their||





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|||2021|2020|
|---|---|---|---|
||Note|F|F|
|Cash inflow from operating<br>activities|23|1,210,312|841,702|
|Cash flows from investing||||
|activities||||
|Interest and rents from investments||47,996|49,551|
|Proceeds from sale oftangible fixed<br>assets||12,459|118,974|
|Purchase oftangible fixed assets||(468,073)|(865,836)|
|Cash used in investing<br>activities||(407,618)|(697,311)|
|Cash flows from financing||||
|activities||||
|Repayment<br>of bank loan|||(13,146)|
|Bank Loan||237,000||
|Cash used in financing<br>activities||237,000|(13,146)|
|(Decrease) Iincrease<br>in cash and<br>cash equivalents<br>in the year||1,039,694|131,245|
|Cash and cash equivalents<br>at the<br>beginning<br>ofthe year||633,481|502,236|
|Total cash and cash equivalents<br>at the end ofthe year||1,673,175|633,481|





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|L|mted<br>on a line  by  lin|mted<br>on a line  by  lin|e basis. Wheal Martyn Trust is|shown separately as a r|estricted<br>fund.|
|---|---|---|---|---|---|
|The summary|financial performance||ofthe charity alone is:|||
|||||2021|2020|
|||||f.||
|Income<br>Expenditure<br>Net gain on|on charitable<br> investment|activities||2,108,424<br>1,699,475|1,834,513<br>1,902,291|
|Net Income/(expenditure)||||408,949|{67,778)|
|Total funds|brought<br>forward|||2,598,664|2,666,442|
|Total funds|carried forward|||3,007,613|2,598,664|
|Represented|by;|||||
|Restricted<br>income<br>Unrestricted<br>income funds||||1,671,530<br>1,336,083|1,733,007<br>865,657|
|||||3,007,613|2,598,664|



|Lessee<br>-At 31 January 2021 the <br>land and buildings<br>and equipment|group had total commitments<br>as follows:|group had total commitments<br>as follows:|under|non-cancellable<br>operating|leases for|
|---|---|---|---|---|---|
|2021||Land and<br>Buildings||Other|Total|
||||E|f.|f.|
|Less than one year|||251|26,914|27,165|
|Two to five years|||1,004|38,149|39,153|
|More than five years|||1,766||1,766|
|Total|||3,021|65,063|68,084|
|One ofthe operating<br>leases expires||in 2042. From 2033the rent|will be|based on open market value.||
|2020|||Land and<br>Buildings<br>Other||Total|
|||||E||
|Less than one year|||251|32,231|32,482|
|Two to five years|||1,004|58,789|59,793|
|More than five years|||2,018||2,018|
|Total|||3,273|91,020|94,293|





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||Unrestricted<br>Funds|Restricted<br>Funds:|Restricted<br>Funds:|Total 2021|Total 2020|
|---|---|---|---|---|---|
|||WMT|Other|||
|||F||||
|Grants received|5,439|||6,439|12,822|
|Friends ofTrust / Gift Aid<br>Donations<br>Job Retention Scheme|17,800<br>51,413<br>55,487|18,995|6,847|17,800<br>77,255<br>55,487|12,225<br>9,938|
||130,139|18,995|6,847|155,981|34,985|



|||Unrestricted<br>Funds|Restricted<br>Funds:|Restricted<br>Funds:|Total 2021|Total 2020|
|---|---|---|---|---|---|---|
|||f|WMT|Other|||
|Car parking<br>receipts<br>South West Water contract<br>Recharges<br>Forestry grants<br>Grants||167,237<br>605,231<br>30,220<br>40|||167,237<br>605,231<br>30,220<br>40|132,495<br>597,867<br>32,990<br>11,983|
|Miscellaneous<br>income<br>Timber sales<br>Agricultural<br>tenancies<br>Wheal Martyn Trust|and licences|203,084<br>23,504<br>62,678|344,370|533,508|533,608<br>203,084<br>23,504<br>62,678<br>344,370|756,048<br>88,343<br>27,629<br>57,756<br>238,908|
|||1,091,994|344,370|533,508|1,969,872|1,989,019|





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|ommercial|trading operations|—South West|Lakes Limited|||
|---|---|---|---|---|---|
|||||2021|2020|
||||||F|
|Summary|profit and loss account|||||
|Turnover||||1,479,176|1,790,990|
|Grant income||||237,145||
|Bank Interest receivable||||27||
|||||1,716,348|1,790,990|
|Cost ofsales and administrative||expenses||1,432,514|1,752,570|
|Net profit||||283,834|38,420|
|Amounted|gift aided to the charity|||(283,834)||
|Corporation<br>Tax<br>Retained<br>by the subsidiary|||||7,300<br>31,120|
|The assets and liabilities ofthe subsidiary|||were:|||
|Current assets||||1,074,111|448,643|
|Creditors:|amounts<br>falling due|within one year||(992,887)|(417,419)|
|Total net|current assets|||||
|||||81,224|31,224|
|Creditors:|amounts<br>falling due|over one year||(50,000)||
|Total net|assets|||31,224|31,224|



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|Summary<br>Stateme|nt ofEinancia/ Activities|||||
|---|---|---|---|---|---|
|||Unrestricted|Restricted|||
|||Funds|Funds|Total 2021|Total 2020|
||||f.|F||
|Incoming<br>resources||||||
|Resources expended||301,530<br>253,465|158,185<br>163,216|459,715<br>416,681|444,524<br>417,065|
|Net income<br>/ (expenditure)||48,065|(5,031)|43,034|27,459|
|Transfer between|funds|(6,502)|6,502|||
|Taxation||(442)||(442)||
|Total funds<br>b/f<br>Total funds c/f||90,059|1,547,226|1,637,285|1,609,826|
|||131,180|1,548,697|1,679,877|1,637,285|
|Summary Balance|Sheet|||||
|||2021||2020||
|||Consolidated|Charity|Consolidated|Charity|
|Tangible assets<br>Current assets<br>Creditors: amounts<br>year|falling due within one|1,523,531<br>443,773<br>(100,427)|1,514,298<br>385,544<br>(91,537)|1,222,731<br>555,096<br>(140,542)|1,212,215<br>524,670<br>(124,577)|
|Creditors: amounts<br>than one year|falling due after more|(187,000)|(150,000)|||
|Total net assets||||||
|||1,679,877|1,658,305|1,637,285|1,612,308|
|Restricted funds<br>Unrestricted<br>funds<br>Total funds||1,548„697<br>131,180|1,548,697<br>109,60&|1,547,226<br>90,059|1,547,226<br>65,082|
|||1,679,877|1,658,305|1,637,285|1,612,308|





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||||Unrestricted<br>Funds|Restricted<br>Funds:<br>WNIT|Restricted<br>Funds: Other|Total<br>2021|Total 2020|
|---|---|---|---|---|---|---|---|
||||E|||F||
|Bank|interest|received|24|||24|144|
|Rental|income||47,945|||47,947|52,412|
||||47,969|2||47,971|52,556|



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||Public<br>Access|Conservation<br>and<br>Education|Recreation|Total<br>2021|Total<br>2020|
|---|---|---|---|---|---|
|Employee costs<br>Premises and grounds<br>Machinery<br>and equipment<br>Administration<br>Insurance<br>/ rent<br>Depreciation<br>and finance<br>Support costs and|156,929<br>65,419<br>36,782<br>55,412<br>44,647<br>36,709|244,600<br>65,419<br>38,293<br>47,704<br>38,262<br>26,526|6,399<br>1,894<br>1,500<br>2,259<br>1,821<br>1,497|407,928<br>132,732<br>76,575<br>105,375<br>84,730<br>64,732|223,584<br>105,747<br>87,196<br>100,374<br>75,770<br>57,524|
|governance|62,720|73,005|2,435|138160|324,497|
|Total charitable<br>activities<br>Restricted funds<br>Wheal Martyn Trust|458,618<br>219,221|533,809<br>256,802<br>306,876|17,805<br>125,809|1,010,232<br>601,832<br>306,876|974,692<br>837,290<br>257,294|
||677,83S|1,097,487|143,614|1,918,940|2,069,276|





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||||Public<br>Access|Conservation<br>and Education|Recreation|Total<br>2021|Total<br>2020|
|---|---|---|---|---|---|---|---|
|Unrestricted||Funds|||||f.|
|Costs<br>Income|||458,618<br>596,079|533,809<br>467,251|17,805<br>28,664|1,010,232<br>1,091,994|974,692<br>949,063|
|Net income|/|(cost)|137,461|(66,558)|10,859|81,762|(25,629)|
|Restricted|Funds|||||||
|Costs|||219,221|563,678|125,809|908,708|1,094,584|
|Income|||282,898|593,964|1,016|877,878|1,039,956|
|Net Income/(cost)|||63,677|30,286|(124,793)|(30,830)|(54,628)|
|Total|||201,138|(36,272)|(113,934)|50,932|(80,257)|



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|This i|s stated after charging:|||
|---|---|---|---|
|||2021|2020|
|||f.||
|Depreciation<br>Auditor's<br>remuneration:||340,81?|323,121|
|audit|ofthe financial statements|19,060|15,275|





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|Total sta|ff costs were as follows:|||
|---|---|---|---|
|||2021|2020|
|||E||
|Wages and salaries<br>Social security costs<br>Pension<br>payments||1,222,700<br>92,687<br>45,825|1,574,026<br>112,112<br>54,834|
|||1,361,212|1,740,972|



||||2021|2020|
|---|---|---|---|---|
|f70,000|to|f80,000|No.<br>1|No.<br>1|
|f80,000|to|890,000|||



|ull-time<br>equivalent<br>employees,<br>including<br>casual and part tim|e staff was as follows:||
|---|---|---|
||2021|2020|
|Charity<br>- South West Lakes Trust<br>- Wheal Martyn Trust<br>Projects<br>Bournemouth<br>Leisure<br>Gift shops<br>Watersports|No.<br>28<br>9<br>4<br>3<br>6<br>14|No.<br>28<br>10<br>2<br>3<br>7<br>15|
||64|65|





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|Intangibl|e<br>fixed a|ssets||||
|---|---|---|---|---|---|
|Negative|goodwill|arising on the acquisition|ofWheal Martyn Trust|||
|||||2021|2020|
||||||f|
|As at 1|February|2020||(472,486)|(519,735)|
|Written|back (note 1e)|||47,249|47,249|
|As at 31January||2021||(425,23?)|(472,486)|



|||ease old<br>Land and<br>buildings|machine<br>d<br>**v** h<br>I<br>and<br>ehicles|Fixtures,<br>fittings and<br>computers|Assets in<br>course of<br>construction|Total|
|---|---|---|---|---|---|---|
|Cost|||||||
|At 31January|2020|3,858,728|1,832,281|782,085|30,416|6,503,510|
|Additions|||60,129|26,394|34,879|121,402|
|Transfers||27,530|(14,651)|17,537|(30,416)||
|Disposals|||(113,578)|||(113,578)|
|At 31January|2021|3,886,258|1,764,181|826,016|34,8?9|6,511,334|
|Depreciation|||||||
|At 1 February 2020||2,250,366|1,561,627|633,026||4,445,019|
|Charge for the year||158,525|96,642|39,776||294,943|
|Transfers||8,123|(6,632)|(1,491)|||
|On disposais|||(107,305)|||(107,305)|
|At 31January|2021|2,41?,014|1,544,332|671,311||4,632,657|
|Net book value|||||||
|At 31January|2021|1,469,244|219,849|154,705|34.879|1,878„677|
|At 31January|2020|1,608,362|2?0„654|149,059|30,416|2,058,491|





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|3b Tangible fixed as|sets —group|||||
|---|---|---|---|---|---|
|Group|Leasehold<br>land and<br>buildings|Plant,<br>machinery<br>and<br>vehicles|Fixtures,<br>fittings and<br>computers|Assets in<br>course of<br>construction|Total|
|Cost||||||
|At 1 February 2020|4,825,128|2,242,276|814,249|743,195|8,624,848|
|Additions|248,484|61,418|69,696|68,475|466,073|
|Transfer|740,309|(14,651)|17,537|(743,195)||
|Disposais||(113,576)|||(113,576)|
|At 31January 2021|5,813,921|2,175,467|921,482|68,475|8,979,345|
|Depreciation||||||
|At 1 February 2020|2,732,054|1,953,628|657,944||5,343,626|
|Charge for the year|196,410|100,038|44,369||340,817|
|Transfer|8,123|(6,632)|(1,491)|||
|On disposais||(107,305)|||(107,305)|
|At 31January 2021|2,936,587|1,939,?29|700,822||5,577,138|
|Net book value||||||
|At 31January 2021|2,877,334|235,738|220,660|68,475|3,402,207|
|At 31January 2020|2,093,074|288,648|156,305|743,195|3,281,222|



## 



## 

## 

## 

|14 Investment|Property||
|---|---|---|
|||f|
|At 1 February <br>Revaluation|2020|220,000|
|At 31January|2021|220,000|



## 

|15Stocks|||||
|---|---|---|---|---|
||Group|Charity|Group|Charity|
||2021|2021|2020|2020|
||||f|E|
|Uniform<br>Food<br>Gifts|6,660<br>35,687||1,700<br>9,884<br>35,187|1700|
|Fish|50,642||35,566||
|Total|92,989||82,337|1700|





## 

## 

## 

|Debtors||||||
|---|---|---|---|---|---|
|||Group|Charity|Group|Charity|
|||2021|2021|2020|2020|
|||E||||
|Trade debtors||377,758|221,165|353,064|200,499|
|Amounts<br>due|from subsidiary||463,522||172,211|
|Other Taxation and social security||255||7,796||
|Other debtors||8,467||5,897|88|
|Prepayments|and accrued income|454,573|243,317|637,991|264,140|
|||841,053|928,004|1,004,748|636,938|



||Group|Charity|Group|Charity|
|---|---|---|---|---|
||2021|2021|2020|2020|
||E||||
|Bank loans and overdraft|||||
|Trade creditors|706,404|424,126|474,844|323,066|
|Amount<br>due from subsidiary||21|||
|Other Taxation and social security|27,103|27,103|65,661|58,056|
|Other creditors and accruals|540,303|186,637|414,210|183,430|
||1,273,810|637,887|954,715|564,552|






## 

## 

## 

|Ye|ar ended 31Janua|ry 2021||||
|---|---|---|---|---|---|
|18|Creditors: Amounts|falling due after more than one year||||
|||Group|Charity|Group|Charity|
|||2021|2021|2020|2020|
||||F|F||
|Bank loan||237,000||||
|||237,000||||



## 

|Unrestricted<br>funds||Balance at<br>1 Feb 2020<br>828,909|Incoming<br>resources<br>f<br>3,000583|Outgoing<br>resources<br>2530,157|Transfersl<br>gains<br>f<br>340,000|Balance at<br>31Jan 21<br>F<br>959,335|
|---|---|---|---|---|---|---|
|Designated<br>funds|||||||
|Property<br>improvements||67,872|||340,000|407,872|
|Total Unrestricted|funds|896781|3,000,583|2,530,157||1,387207|





## 

## 

## 

## 

|||Balance at 1<br>Feb 2020|Incoming<br>resources|Outgoing<br>resources|Transfers|Balance at<br>31 Jan 2021|
|---|---|---|---|---|---|---|
|Restricted funds||E|E|||f,|
|Wheal Martyn Trust (note|1b)|1,164,799|506,964|417,123||1,254,640|
|Other restricted funds|||||||
|Fixed asset funds|||||||
|Roadford Lakeside<br>Stithians Project<br>Kennick Project<br>Colliford Project<br>RDPE Outdoor 8 Active<br>8urrator<br>Other funds||407,789<br>277,735<br>11,828<br>672,754<br>115,262<br>1,485,368|4,262<br>4,262|(39,130)<br>(26,593)<br>(1,825)<br>(3,866)<br>(52,828)<br>22,893<br>(147,135)||368,659<br>251,142<br>10,003<br>396<br>619,926<br>92,369<br>1,342,495|
|Roadford watersports<br>SWW capital project work<br>SWW SSSiproject<br>INNS Project<br>CS Burrator Forest<br>CS Roadford Forest<br>CS Wimbleball<br>Forest<br>CSVenford Forest<br>Year ofGreen Action<br>Biodiversity<br>Improvements<br>Fernworthy<br>HLS<br>Roadford<br>Play Area<br>Roadford Celebration<br>Woodland||585<br>61,210<br>16,061<br>111,938<br>19,595<br>586<br>2,860<br>582|5,574<br>278,634<br>5,551<br>33,450<br>7,144<br>3,538<br>3,367<br>25,405<br>2,976<br>1,210|(216,685)<br>(12,908)<br>(5,687)<br>(27,106)<br>(6,979)<br>(1,669)<br>(4,745)<br>(29,201)<br>(11,013)<br>(680)||6,159<br>61„949<br>53,853<br>10,374<br>6,344<br>165<br>1,869<br>(1,378)<br>82,737<br>33,987<br>2,882<br>4,070<br>582|
|Wimbleball<br>Celebration<br>Woodland||325||||325|
|Skiability<br>Crowdy Reservoir<br>Stithians<br>Play Area||14,528<br>14,422<br>328|5,839|(4,700)||9,828<br>20,261<br>328|
|Wimbleball<br>Play Area<br>Wimbleball<br>Community<br>Orchard||2,641<br>135||||2,641<br>135|
|EA Fisheries<br>Roadford<br>Fly Fair|||5,396<br>1,081|(892)||5,396<br>189|
|Burrator Education Project<br>Burrator Catchment<br>area<br>Biosecurity and Freshwater|Planning|1,843|566<br>52,577<br>48,000|(58,534)<br>(36,402)||2,409<br>{5,957)<br>11,598|
|Biodiversity<br>Strategy|||49,000|(37,460)||11,540|
|Blue Green Access Fishing<br>Roadford<br>HLS|||6785|(36)||(36)<br>6,785|
|Total Other restricted funds||247,639|536,093|(454,697)||329,035|





## 

## 


## 

## 

## 



## 

## 

## 

## 

## 



## 

## 

## 

## 

## 

## 



## 

## 

## 

|<br>enhancements.|n er liv|. The remainin|g<br>funds<br>will sup|port future bi|odiversity|
|---|---|---|---|---|---|
|2020 Comparative<br>funds note||||||
|Restricted funds|Balance at<br>1 Feb 2019<br>E|Incoming<br>resources|Outgoing<br>resources<br>F|Transfers|Balance at<br>31Jan 20<br>f|
|Wheal Martyn Trust (note 1b)|1 090,091|503,773|429,065||1,164,799|
|Fixed asset funds||||||
|Roadford<br>Lakeside<br>Stithians Project<br>Kennick Project<br>Colliford Project<br>RDPE Outdoor 8 Active<br>Burrator<br>Other funds|446,920<br>304,329<br>13,651<br>845,397<br>138,735<br>1,749,032|83,533<br>83,533|(39,131)<br>(26,594)<br>{1,823)<br>(83,533)<br>(172,643)<br>23,473<br>(347,198)||407,489<br>277,735<br>11,828<br>672,754<br>115,262<br>1,485,368|
|Roadford watersports<br>SWW capital project work<br>SWW SSSiproject<br>INNS Project<br>CS Burrator Forest<br>CS Roadford Forest<br>CSWimbleball<br>Forest<br>CSVenford Forest<br>Year ofGreen Action<br>Argal Play Area<br>Biodiversity<br>Improvements<br>Siblyback<br>Fernworthy<br>HLS<br>Roadford Play Area<br>Roadford Celebration<br>Woodland<br>Wimbleball<br>Celebration<br>Woodland<br>Skiability<br>Crowdy Reservoir<br>Stithians<br>Play Area<br>Wimbleball<br>Play Area<br>Wimbleball<br>Community<br>Orchard<br>Roadford<br>Fly Fair<br>Burrator Education<br>Project<br>Total Other restricted funds<br>Total Restricted funds<br>Total funds|585<br>5,327<br>25,741<br>(626)<br>1,023<br>143<br>(20,667)<br>1,493<br>582<br>325<br>20,128<br>24,251<br>1,973<br>135<br>S55<br>150<br>1,810,550<br>2,900,641<br>3756,537|212,416<br>120,844<br>59,145<br>76,168<br>15,539<br>7,076<br>940<br>125,000<br>28,572<br>22,365<br>1,367<br>1,780<br>328<br>668<br>955<br>1,927<br>675,090<br>758,623<br>4,129,277|(217,743)<br>(85,375)<br>(42,458)<br>{76,168)<br>(15,539)<br>(7,076)<br>(940)<br>(13,062)<br>(1,023)<br>(8,977)<br>(143)<br>(1,112)<br>(6,446)<br>(11,609)<br>(2,188)<br>234<br>490,093<br>837,290<br>4091,227|846<br>278<br>1 124<br>1,124|585<br>61,210<br>16,061<br>111,938<br>19,595<br>586<br>2,860<br>582<br>325<br>14,528<br>14,422<br>328<br>2,641<br>135<br>1,843<br>247,639<br>1,733,007<br>3,794,587|





## 

## 

## 

|0<br>Analysis ofgroup net assets betwe|en funds||||
|---|---|---|---|---|
||Unrestricted<br>Funds|Designated<br>Funds|Restricted|T t<br>I F<br>d|
|Fixed assets<br>Investment<br>Property<br>Negative<br>Goodwill|536,179<br>220,000||2,866,028|3,402,207<br>220,000|
|Cash at bank and<br>in hand<br>Other net current (liabilities)/assets<br>Long term liabilities|1,014,901<br>(761,745)<br>(50,000)|407,872|(425,237)<br>250,402<br>421,977<br>(187,000)|(425,237)<br>1,673,175<br>(339,768)<br>(237,000)|
|Unrestricted<br>funds comprise:|959,335|407,872|2,926,170|4,293,377|
|Free reserves|423,156|407,872||831,028|
|Fixed Asset Reserves|||||
||536 179|||536,179|
||959335|407,872||1,367,207|



|020 Comparative<br>group net assets bet|ween funds||||
|---|---|---|---|---|
||Unrestricted<br>Funds|Designated<br>Funds|Restricted|Total Funds|
|Fixed assets<br>Investment<br>Property<br>Negative<br>Goodwill<br>Cash at bank and<br>in hand<br>Other net current (liabilities)/assets<br>Long term liabilities|E<br>573,122<br>220,000<br>412,344<br>(376,558)|f.<br>67,872|2,708,100<br>(472,486)<br>153,265<br>508,928|f.<br>3,281,222<br>220,000<br>(472,486)<br>633,481<br>132,370|
||828,908|67,872|2,897,807|3,794,587|
|Unrestricted<br>funds comprise:|||||
|Free reserves|255,786|67,872||323,658|
|Fixed Asset Reserves|573,122|||573,122|
||828,908|67,872||896,780|





## 

## 

## 

## 

## 

|Receipts fro|m SWW|||||
|---|---|---|---|---|---|
|||Limited|Trust|Total|Total|
|||||2021|2020|
|Management<br>Bournemouth<br>Other|fee<br>Leisure contract|288,232<br>6,693|F<br>611,328<br>668,237|f<br>611,328<br>288,232<br>674,930|E<br>603,567<br>307,599<br>489,616|
|Total||294,925|1,279,565|1,574,490|1,400,782|
|Payments to|SWW|||||
|Rent<br>Other expenses||76,763<br>14,028|52,887<br>637|129,650<br>14,665|108,530<br>20,266|
|Total||90,791|53,524|144,315|128,796|



## 



## 

## 

## 

||||||2021|2020|
|---|---|---|---|---|---|---|
|Net outgoing<br>(incoming)|resources before transfers||||E|F|
||||||498,790|38,050|
|(Profit) / loss on disposal offixed assets<br>Gain on valuation<br>of Lidn Park|||||(6,188)|(9,580)|
|Interest /rents<br>receivable<br>Depreciation<br>Negative<br>goodwill<br>written back<br>Decrease/(Increase)<br>in stocks<br>(Increase)/Decrease<br>in debtors<br>Increase/(Decrease)<br>in creditors|||||(47,996)<br>340,817<br>(47,249)<br>(10,651)<br>163,694<br>319,095|(49,551)<br>323,121<br>(47,249)<br>(19,835)<br>268,316<br>338,431|
|Net cash inflow from operating||activities|||1,210,312|841,703|
|24<br>Reconciliation<br>of net|cash|flow movement|to movement|in net funds|||
||||||2021|2020|
|(Decrease) / increase<br>in <br>Cash outflow from bank|cash in the period<br> loans||||1,039,694<br>0|K<br>131,245<br>13,146|
|Change<br>in net funds<br>Net funds at 1 Feb|||||1,039,694<br>633,481|144,391<br>489,090|
|Net funds at 31 January|2021||||1,673,175|633,481|
|25<br>Analysis ofchanges|in net|funds|||||
|||||1-Feb-20|Cash flows|314an-21|
|Cash in hand and at bank|||||||
|||||633,481|802,694|1,436,175|
|||||633,481|802,694|1,436,175|
|Debt due within<br>1 year|||||||
|Debt due after 1 year|||||237,000|237,000|
|||||633,481|1,039,694|1,673,175|