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2020-12-31-accounts

ADVENTURE PLUS

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

The MGroup Partnership

Chartered Certified Accountants

4 Witan Way Witney, Oxon OX28 6FF

Company Registration Number: 03976979

Charity Number: 1081059

ADVENTURE PLUS

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

CONTENTS PAGES
Reference and administrative details 1
Trustees' report 2 to 5
Executive Director's report 6 to 11
Independent Examiners report 12
Statement of financial activities and income and expenditure account 13
Balance sheet 14 to 15
Statement of cash flows 16
Notes to the financial statements 17 to 31
The following page does not form part of the financial statements
Detailed income and expenditure account 32

ADVENTURE PLUS

REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 DECEMBER 2020

TRUSTEES AND DIRECTORS

James Gould Helen Leighton Brian Foxton Donna Williams Nick Stevens Richard Bach Mark Hellawell

COMPANY SECRETARY

Tessa Cox

REGISTERED OFFICE

Adventure Plus Main Street Clanfield Bampton Oxon OX18 2SN

COMPANY REGISTRATION NUMBER

03976979 England and Wales

CHARITY REGISTRATION NUMBER

1081059

ACCOUNTANTS

The MGroup Partnership Chartered Certified Accountants 4 Witan Way Witney Oxon OX28 6FF

ADVENTURE PLUS

TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2020

The trustees present their annual report and the financial statements for the year ended 31 December 2020

Legal and administrative information Company number: 03976979 (England & Wales) Charity number: 1081059

Status

The organisation is a charitable company limited by guarantee, incorporated on 19 April 2000 and registered as a charity on 8 June 2000. It commenced trading on 1 January 2002, taking over the operations and net assets of Fair Glade Trust (charity number 802659), founded in 1990.

The company was established under a Memorandum of Association that established the objects and powers of the charitable company and is governed under its Articles of Association. Members of the charitable company guarantee to contribute an amount not exceeding £1 to the assets of the charitable company in the event of winding up.

Objectives of the charity

The objectives of the charity are:

The Trustees confirm that they have complied with the requirements of section 4 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.

Trustee-Directors

Trustees, who are Directors for the purpose of Company Law and Trustees for the purpose of Charity Law, who served during the year and up to the date of this report are set out below. Directors continue to implement the 6 year fixed term for Directors as passed in a Board Resolution dated 15 Feb 2008.

Group Engineer - Street Management Team, London Borough Hackney Mr Brian Foxton (Chair): Highways. Regular Adventure Plus Volunteer and Archery Leader Revd. Donna Williams: Vicar, All Saints’ Church, Hampton Mr Richard Bach: Director and co-founder of XQ Cyber Mr James Gould: Academic Lawyer - University of Plymouth Mr Nick Stevens: Director of Finance and Resources at St Raphael's Hospice Mrs Helen Leighton: Former International Marketing Director Mr Mark Hellawell Construction Project Manager Secretary: Mrs Tessa Cox (Solicitor) Registered Office: Adventure Plus, Main Street, Clanfield, Oxfordshire, OX18 2SN Accountants: The M Group, 4 Witan Way, Witney, Oxfordshire, OX28 6FF Bankers: National Westminster Bank plc, 23 High Street, Witney, Oxon OX28 6HW

ADVENTURE PLUS

TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2020

Management Structure

Adventure Plus (A+) is governed by a Board of Directors, as outlined above. The Executive Director reports to the Board. The Directors/Trustees are also supported by the Company Secretary who coordinates Directors’ Meetings and the legal aspects of the Charity.

Trustee/ Director

There were no changes to the board in 2020.

New trustees/directors are recruited by recommendation by other trustees; must be over 18 years old, must not have been previously disqualified from being a trustee of A+, and must subscribe to A+’s Statement of Beliefs. Trustees are appointed at annual general meetings for a full term or, if otherwise appointed, will vacate their office at the end of the next annual general meeting after being appointed.

Financial Results

The financial results show total annual income in 2020 £818,065, as compared with 2019, £459,381 (a decrease of 78%), while expenditure for 2020, £503,983 as compared with 2019 £533,386 (a decrease of 5.5%). This means that there was a surplus of £314,082 in 2020, as compared with a net deficit of £74,005 in 2019.

The income is, as expected, up for 2020. Significant levels of grants and donations were received during the year both from grant making trusts, individuals as well as through the governments Job Retention Scheme and resilience grants. Core operational income was significantly down on the previous years due to the restrictions placed on our activities through the pandemic.

During the enforced cessation of the activities expenditure was significantly cut and staff not placed on furlough generously forwent proportions of their salaries. Other costs were managed well below budget where possible.

In 2020, although the Furlough scheme had enabled A+’s subsidiary Windmill Farm Conference Centre (WF) to retain staff for the first six months of lockdown, the ongoing CV-19 situation and understandable lack of consumer confidence to book a residential stay de facto moth-balled the conference centre. The Directors, therefore had no choice but to temporarily cease operations, transferring some staff to A+ and reducing contracted hours for all. We were sad to announce that staff had been laid off. Other ongoing costs and liabilities of WF continue to be minimised or, where possible, transferred to A+. The Directors thank the staff who have worked hard to try to maintain the feasibility of running the facilities and providing the beneficial service to our guests.

Post Balance Sheet Events

2021 and 2022 will continue to provide a challenging environment within which A+ will maintain its operations. Uncertainties still exist from the CV-19 pandemic with regard to operational income from charged activities due to possible returns to legal limits on the size of group gatherings, the perception of our beneficiaries as to the safety of gathering together in group activities and thus their willingness to engage with our work, the pressure on educational timetabling that might lead to a reduced demand from schools, potential for a reduction in donations during a prolonged period of economic recession. With robust management of costs and commitments, continued lobbying for protection in educational curricula for the provision of our work, increased supporter base, careful management of the subsidiary business, Windmill Farm Conference Centre Ltd (WFCCL), the trustees consider that the charity is able to continue as a going concern.

Bank

Bank funds have remained in the black throughout the year with no recourse to overdrafts or loans. Cash reserves are saved in the COIF high interest account.

QuickBooks accounts package

The charity uses the QuickBooks accounts package to keep a live record of all income and outgoings and payroll. It is automatically updated as required by law and by the business of the charity.

ADVENTURE PLUS

TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2020

Business Plan

On the 16 October 2014 Adventure Plus Limited purchased Windmill Farm Conference Centre (buildings) and 50 acres of land for £1.3million with a first instalment of £450,000. A+ paid the third and final instalment of £425,000 on the 16 October 2016. Adventure Plus also purchased Windmill Farm Conference Centre Limited (WFCCL) for £1 each share (2 shares in total). WFCCL is now a wholly owned subsidiary of Adventure Plus and will serve as a trading arm with any surplus gift covenanted to the charity. WFCC will continue to provide accommodation and catering for conferences for adults. Adventure Plus also acquired use of further adjacent land in 2018 and is planning to build a state of the art Adventure Base for young people within the total 95 acres, as funds are received.

Risk Review

The trustees believe that risks are well managed within the charitable company. The nature of the work carried out requires a comprehensive system of risk assessments together with health and safety policies covering the many different activities provided for clients. We are also registered with the Adventure Activities Licensing Service (AALS) who inspect our risk management policies as part of the regular licence renewal process.

A+ was inspected in September 2019 and was given a further two year licence.

The trust has full Employers’ and Public Liability Insurance cover. The Trustees are not aware of any financial risks affecting the trust other than the continued uncertain impact of the Covid-19 pandemic. Measures in place through 2020 minimised the impact on the charity however it is expected that the pandemic will continue to reduce A+’s ability to conduct its charitable work. The trust has no borrowing.

Reserves policy

Business reserves of £205,927 are well over the policy set by the Board of three months’ operational outgoings, as recommended by the Charity Commission. This will continue to be monitored through 2021.

Fundraising Activities

Adventure Plus is committed to high standards with regard to fundraising activity and has complied with all laws relating to charities and fundraising. We are clear, honest and open about our activities and fund raising requirements. We are respectful towards all supporters, and with the work being carried out to meet GDPR regulations has recognised our strong procedures with regards to fundraising information security. A+ received no complaints about our fundraising activities during 2020.

Funds are raised through various means: sponsored events, applications to grant making trusts and bodies, representatives of companies known to staff personally, churches which we are invited to visit, a ‘Donate’ page on the website, collection pots on several shop counters, and annual communications to all existing supporters. We did not employ any professional fundraisers or use commercial participators nor did we cold call members of the public during 2020. No fundraising activities were carried out on the charity’s behalf by external parties during 2020.

A+ has not signed up to any voluntary fundraising scheme or standards however as noted above all our fundraising activities are carried out to the highest possible standards.

ADVENTURE PLUS

TRUSTEES' REPORT FOR THE YEAR ENDED 31 DECEMBER 2020

Volunteers

We enjoy significantly high quality levels of volunteer support with our charitable provision. Team members join our volunteer GAP Programme and over the course of 2020 there were 7 team members. There were 2 interns over the year volunteering in our Adventure Impact programme, and gaining marketing skills. In our offices we have volunteers working on administrational tasks such as processing individuals’ bookings onto our Total Adventure Holidays, ensuring our stationery stocks are good, DBS checks administration, letter writing, grant trust research, reconciliations. A+ also enjoyed the support of a volunteer electrician who has been investigating and improving elements of the site as deemed suitable. All of our Total Adventure holidays engage volunteer leaders. All volunteers are screened and where necessary are DBS checked. Lastly, throughout the year, on events friends of A+ volunteer their driving, musical, outdoor activities skills and qualifications further enhancing the level of care to the young people we engage with.

Statement of Trustees' Responsibilities

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company as at the balance sheet date and of its incoming resources and application of resources, including the net income or expenditure, for the financial year . In preparing those financial statements, the trustees should follow best practice and:

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and which enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report has been prepared in accordance with the Statement of Recommended Practice – Accounting and Reporting by Charities, and in accordance with the special provisions of Part VII of the Companies Act 2006 relating to small companies.

Approved by the Trustees on 13th Day of October 2021

Signed on its behalf by

Mr Brian Foxton Chair Trustee/ Director

ADVENTURE PLUS

EXECUTIVE DIRECTOR'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2020

Strategic Direction: I am delighted to report that Adventure Plus (A+) not only survived 2020 but has come out of it stronger and with expanding facilities at Windmill Farm. The site secures a long term base for our growing adventure youthwork, which is already enabling us to reach more young people and is saving substantial payments in rent each year.

Over the course of 2020 we began the first stages of the development of the A+ Adventure Base for the Phase 1: The Yurt Village.

A further £597k was raised and despite the pandemic we welcomed over 2,000 children and young people in 2020.

More details of this unique adventure youthwork development can be found on our website.

A+ delivers four main approaches to Adventure Youthwork:

Group Adventures: Jono Hodson continues to coordinate this largest section of A+ activity, delivering adventure activities for many schools, youth groups and Duke of Edinburgh (DofE) expeditions. The various lockdowns and restrictions meant that we were able to run 40 events through the year - just a quarter of our expected total. Events were post April were, by necessity and to ensure everyone’s safety, conducted with fewer young people and while we we worked with fewer groups and children and young people than in recent previous years we continued to receive consistently positive feedback.

We continued to support Broadway Academy in Aston, Birmingham, amongst an exceptionally high proportion of Asian students who might not otherwise access these experiences. Over the previous five years we had developed their outdoor education programme, expedition training and assessment for their expanding DofE programme and from 2020 our support continued through providing advice, coaching and leadership at their events.

GAP : Graham Marshall leads the A+ Gap training year which is such a key aspect of our work, providing continuity of contact and training with young people as they grow into adulthood. At the start of 2020 we had two first year GAP team members, two second year members and two interns: Michael De Quidt had graduated from the Gap Year of 2019 into our Aim Internship, working with vulnerable young people, and Frazer Chapman into our Marketing Internship.

In September we welcomed three new Gap Year team members with one joining us from Holland. All of these team members contributed significantly to our provision and were in turn both challenged and further equipped for their ‘next chapters’.

Total Adventure Holidays : Once again we hosted our Total Adventure Holidays (TA) for individuals, in the summer at the A+ base at Windmill Farm; and TA Ski for a ninth successful year, in Lauterbrunnen, in the stunning Jungfrau Region of Switzerland. The Easter and autumn events were sadly unable to go ahead due to restrictions in place at the time. Demand for places was very high indeed for our summer TAs partly through many other organisations not running their similar events but mainly through our capping of numbers for social distancing reasons. We were still able to support and encourage nearly 100 children and young people across our TAs in 2020. Our theme for the summer was about putting ‘on the full armour of God’ from Ephesians 6.

ADVENTURE PLUS

EXECUTIVE DIRECTOR'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2020

Adventure Base : Having completed the purchase of the land in 2016, A+ has installed a number of activities on the site including a mountain biking trail, slacklining and a bushcraft zone in our copse, which were appreciated by many children and youth during 2020.

Phase 1 of this project is the exciting and pioneering design of affordable accommodation in the timber (winterised) ‘Yurt Village and Youth Hub’ which will enable young people to stay on site and benefit from the residential experience as well as the adventure activities. Following the build of the village, a ‘communal hub’ with self-catering kitchens and youth lounges, Showers and WCs will be built.

Three neighbouring fields were put on the market in 2018 and we were delighted when all three were bought by the Langley Charitable Trust for A+ to use, saving them from potential speculative developers.

A+ was then able to move the Yurt Village to ‘the yurt filed and add a further courtyard of timber lodges, increasing residential capacity to 70 young people An amended Planning Application was submitted in early 2019 and in October consent was granted to build Phase 1 – the yurts and timber lodges.

We were delighted to ‘break ground’ in February and to have service ditches and footings in place despite very heavy rains. There were some brief impediments on the groundworks caused by the initial stages of the Covid-19 restrictions. However, shortly after the restrictions were lifted, the main construction firm went into administration causing a halt to the work on site. The company engaged to complete the yurts were also unable to finish their work. We have since then found excellent alternatives to both of these companies and by the end of 2020 the yurt cabins were standing ready to be fitted out and the ground ready to welcome the timber lodges that will house further accommodation, kitchen and dining facilities and meeting spaces.

The Adventure Base will significantly increase the number of young people we can reach each year.

ADVENTURE PLUS

EXECUTIVE DIRECTOR'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2020

Windmill Farm Conference Centre Ltd: A+’s purchase of Windmill Farm land, buildings and business continues to further the aims and objectives of the charity. A+ offices, staff & volunteer accommodation and activity stores are now located within Windmill Farm saving A+ over £30,000pa in rent.

Windmill Farm Conference Centre can accommodate adult groups (Training, Charity, Church, Community & Corporate) and A+ provides activities for these groups as required. This has proved popular with visiting teams wanting a break from meetings, and to enjoy some friendly competition on the archery range, and team challenges for corporate management training. Any surplus at the end of the operating year goes directly to support the charitable work of A+.

Adult delegates and families staying at Windmill Farm also become aware of the opportunities available at A+, raising the profile of our work with a larger constituency and increasing the market for both sides of the operation.

In 2019 Windmill Farm saw a drop in numbers of guests following changes in the day to day management team. However, towards the end of the year much work has been done to improve the marketing of the facilities, including launching a new website and refreshing contact with previous guests. These efforts were starting to make an impact and 2020 looked to be a promising return to more maintainable levels.

Through CV-19 however and the forced shut down of venues and services across the country and the unsustainable level of costs despite support through the CV-19 Job Retention Scheme and local government grants it was decided that a restructure was required. Late in 2020, when it was possible, we started to have an open restaurant for Friday night curries and Sunday Roasts with pre-booking online. These not only raised the profile of Windmill Farm but also proved to be very popular and successful. When regulations meant they had to be stopped many customers were very keen for us re-start. However, the forced de-facto mothballing of the whole operation meant a reduction in staffing numbers – some able to be transferred to Adventure Plus to help with the building of the Adventure Base.

Initiatives to improve efficiencies of lighting and insulation of the Dining Hall, increase Wi-Fi coverage, and opening up facilities to more short notice on-line bookings all pressed on in readiness for re-opening in 2021. The on-line bookings for the Lower Farm house provided much welcomed income and the forecast past CV-19 remains promising once again for the whole operation.

Once the Phase 1 facilities are fully build, ready for guests, then the re-branded offer “A+ Hospitality” will be the new face of Windmill Farm.

ADVENTURE PLUS

EXECUTIVE DIRECTOR'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2020

Fundraising and Marketing: Jon Cox continues to spearhead our fund-raising and marketing focus, and is wonderfully supported by two team members: Ruth Biddulph and, from early 2021, Olivia Watterson, along with a committed voluntary fund raising team, who all share roles between them including: researching potential donors and trusts; and writing applications.

After successfully raising £1,500,000 in three years to purchase the land and accommodation fund-raising efforts in 2020 focussed on the development of our cutting edge Adventure Base and on essential equipment and other growth costs. Over the course of 2020 we received generous donations towards vehicles, Timber Lodges, Yurts and Fixtures, Washrooms and Kitchens, Tag Archery, TA costs and Climbing Equipment, Staff Salaries and general funds for the Adventure Base. We were delighted that one generous donor gave £50,000 to encourage others to give as part of a matched funding scheme and there were successful appeals relating to CV-19 support and our Total Adventure Holidays.

A+ continues to develop its ‘marketing presence’. Tim Partridge continued through 2020 leading our Marketing, initially alongside Frazer Chapman as a Marketing Intern - and now with Olivia Watterson. In 2019 they had been busy advertising the many new ventures planned for 2020 including several new ‘Active Retreats’, With Dad weekends, ‘Adventures in Worship’ and ‘ReviTAlize’, our new Revision Camp however all of these had to be put on hold for post CV-19 and will be re-energized for 2022.

Our profound thanks go to the following trusts, companies, organisations and churches for their generous support of Adventure Plus which has benefitted our work in 2020:

Charitable Trusts and Community Organisations

Bernard Sunley Charitable Foundation Oxfordshire Community Foundation Bishop of Oxford's Outreach Fund Pye Charitable Settlement Charlotte Marshall Charitable Trust Scripture Union Colles Trust The HDH Wills 1965 Charitable Trust Deo Gloria Trust The Kingsgrove Trust Doris Field Charitable Trust The Maurice and Hilda Laing Charitable Trust East End Family Trust The Pan Charitable Trust Garfield Weston Foundation The Penuel Trust Horsenden Charitable Trust The Slavanka Trust Keith Rae Trust

Churches

All Souls Langham Place St Mary's Church, Cogges High Street Methodist Church, Witney St Nicolas Church, Bookham St Leonard's Church, Eynsham Welcome Church, Witney St James the Great, South Leigh Witney Inter-Church Singers St Mary's Church, Cholsey

Companies

Activities Industry Mutual Amazon UK Hobden Group

Peter Smith & Son The MathWorks Ltd

ADVENTURE PLUS

EXECUTIVE DIRECTOR'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2020

Finance: At the end of 2020 it is good to see that so much hard work from across the team in a number of areas has paid off in so many ways.

Will Graves continues to manage our finances with the assistance of Ruth Chown, our Bookkeeper (p/t).

I am grateful for the way he also oversees our IT support and coordinates keeping up to date with so many ‘thank yous’ from our generous donors and grant making bodies. My sincere thanks are due to them both for running such a tight and well organised finance operation.

Other Operational Progress : Over the course of 2020 we were able to make further improvements to off-site working with laptops, phone diversions, video conferencing, benefitting from the monthly support and expertise of Wimborne Business Systems.

Youthwork in the local community: during the Autumn and Spring term A+ hosts a weekly Adventure Club for children aged 8 and over. Adventures change every few weeks so the young people get to have a go at many of our activities, and it is a great way to keep in touch with children who came ‘on camp’ in the summer. Over 2020 however this club was only able to go ahead in the Spring term.

We also continued the A+ Canoe Club in 2020 when possible. With a plan to meet on Wednesday evenings from Easter to October, the club was only able to go ahead briefly in the year in June, July, September and October. It is one of the many success stories of A+ and provided a welcome respite from lockdown when it went ahead.

Directors

A+ benefits from the combined expertise and support of a superb team of Directors through the year:

Group Engineer - Street Management Team, London Borough Hackney Highways. Mr Brian Foxton (Chair): Regular A+ Volunteer and Archery Leader Revd. Donna Williams: Vicar, All Saints’ Church, Hampton Mr Richard Bach: Director and co-founder of XQ Cyber Mr James Gould: Academic Lawyer - University of Plymouth Mr Nick Stevens: Joint CEO at St Raphael's Hospice Mrs Helen Leighton: Former International Marketing Director Mark Hellawell Construction Project Manager

ADVENTURE PLUS

EXECUTIVE DIRECTOR'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2020

I join with everyone at A+ in thanking our Directors for their advice and support in so many ways throughout 2020.

We are so grateful for the support, encouragement and endorsement of our Patrons:

Jeremy Vine Reverend Canon David Winter Jo Gambi Archbishop Patrick Kelly of Liverpool (rtd) Rt Revd Colin Fletcher OBE Archbishop Ben Kwashi of Jos, N. Nigeria

And finally…

Last year I concluded with a quote from the a camper, Mikey, who, after a number of years, joined the A+ Gap Year. This year I’d like to quote from a first time camper on one of the summer TAs: “Some people have a camp they go back to every year and then come back as leaders and then send their children….I think this might be that camp for me!”

Jonathan Cox Executive Director

ADVENTURE PLUS

INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2020

I report to the trustees on my examination of the accounts of Adventure Plus for the year ended 31 December 2020, which are set out on pages 13 to 31.

RESPONSIBILITIES AND BASIS OF REPORT

As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under the Charities Act 2011, s. 145 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under s. 145(5) (b) of the 2011 Act.

INDEPENDENT EXAMINER'S STATEMENT

Since the Company’s gross income exceeded £250,000 your examiner must be a member of a body listed in s. 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I a member of ACCA, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

D J Green (FCCA)

For and on behalf of The MGroup Partnership Chartered Certified Accountants 4 Witan Way Witney Oxon, OX28 6FF 20 October 2021

ADVENTURE PLUS

STATEMENT OF FINANCIAL ACTIVITIES AND INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2020

----- Start of picture text -----
Notes Unrestricted Restricted Total Total
Funds Funds Funds 2020 Funds 2019
£ £ £ £
INCOME
Donations and legacies 238,006 331,224 569,230 143,388
Grant income 103,074 - 103,074 88,518
Charitable activities 138,494 - 138,494 217,947
Investment income 715 - 715 1,878
Other income 6,552 - 6,552 7,650
Total income 4 486,841 331,224 818,065 459,381
Expenditure on:
Charitable activities 339,792 159,871 499,663 528,652
Governance costs 4,320 - 4,320 4,734
Total expenditure 5 344,112 159,871 503,983 533,386
NET (EXPENDITURE) / INCOME 142,729 171,353 314,082 (74,005)
Transfer between funds (6,338) 6,338 - -
NET MOVEMENT IN FUNDS 136,391 177,691 314,082 (74,005)
Reconciliation of funds
Total funds at 1 January 2020 16 69,536 1,620,810 1,690,346 1,764,351
Total funds at 31 December 2020 16 205,927 1,798,501 2,004,428 1,690,346
----- End of picture text -----

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

ADVENTURE PLUS

BALANCE SHEET AS AT 31 DECEMBER 2020

----- Start of picture text -----
Notes 2020 2019
£ £
FIXED ASSETS
Tangible assets 9 1,725,122 1,314,946
Investments 10 2 2
1,725,124 1,314,948
CURRENT ASSETS
Debtors 11 55,842 43,187
Cash at bank and in hand 262,460 378,190
318,302 421,377
CREDITORS : Amounts falling due 12 38,998 45,979
within one year
NET CURRENT ASSETS 279,304 375,398
NET ASSETS 2,004,428 1,690,346
FUNDS OF THE CHARITY:
Unrestricted income funds 16 205,927 69,536
Restricted income funds 16 1,798,501 1,620,810
2,004,428 1,690,346
----- End of picture text -----

ADVENTURE PLUS

BALANCE SHEET AS AT 31 DECEMBER 2020

These accounts have been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006 and with the Financial Reporting Standard 102 Section 1A smaller entities.

For the financial year ended 31 December 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

No notice has been deposited under section 476 of the act requesting the company to obtain an audit.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

Signed on behalf of the board of trustees

Mr Brain Foxton Trustee /Director - Chair

Date approved by the board: 13 October 2021

ADVENTURE PLUS

STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2020

----- Start of picture text -----
Notes 2020 2019
£ £
Cash flows from operating activities
Net income / (expenditure) for the reporting period (as per the SOFA) 314,082 (74,005)
Adjustments for:
Depreciation charges 91,753 41,634
(Increase) / decrease in debtors (12,655) 9,585
(Profit) on the sale of fixed assets (305) (894)
(Decrease) / increase in creditors (6,981) 1,318
Net cash generated by operating activities 385,894 (22,362)
Cash flows from investing activities:
Proceeds from the sale of property, plant and equipment 467 3,113
Purchase of property, plant and equipment (502,091) (22,995)
Net cash (used in) investing activities (501,624) (19,882)
Net (decrease) in cash and cash equivalents (115,730) (42,244)
Cash and cash equivalents at the beginning of the year 378,190 420,434
Cash and cash equivalents at the end of the year 21 262,460 378,190
----- End of picture text -----

ADVENTURE PLUS

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

1 GENERAL INFORMATION

Adventure Plus is a registered charity and company limited by guarantee incorporated in England and Wales. Its registered office and principal office is:

Adventure Plus Main Street Clanfield Bampton Oxon OX18 2SN

The financial statements are presented in Sterling, which is the functional currency of the charity.

The charity is a public benefit entity.

2 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of preparation of the financial statements

These financial statements have been prepared in accordance with the Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing accounts in accordance with the Financial Reporting Standard 102 Section 1A smaller entities, Financial Reporting Standard 102 Section 1A smaller entities 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' ("FRS 102"), the Companies Act 2006 and the Charities Act 2011.

Going concern

The Trustees have further reviewed the Charity's cash flow forecasts for the period to 31 December 2021 and have considered the potential impact of COVID-19 on the Charity's different sources of income as well as their ongoing costs.

There is a small net surplus in the budget for 2021. There is high capital expenditure planned for the year to 31 December 2021, this will cause the bank balances to decrease until such point that the charity begins generating income from the Yurt Village. The budgeted cashflow indicates that the charity will manage to maintain its reserve policy of holding three month's outgoings.

Based on the above points the Trustees consider that it remains appropriate to continue to adopt a going concern basis of preparation in the financial statements. The above matters do indicate a level of uncertainty in this judgement.

Incoming resources

Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the Charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.

Income from trading activities has been included in incoming resources in the period in which the relevant event takes place.

ADVENTURE PLUS

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

2 STATEMENT OF ACCOUNTING POLICIES (continued…)

Grants

Grants and donations are only included in the Statement of Financial Activities when the charity has unconditional entitlement to the resources and are treated as restricted or unrestricted income in line with the donor’s instructions.

The company received total grant income of £103,074. £73,074 of this related to income received from the government's Job Retention Scheme. This scheme was introduced due to the COVID-19 pandemic, where employers are able to claim grants of up to 80% of furloughed employees wages costs. A business resilience grant of £30,000 was received from the West Oxfordshire District Council to support businesses affected by COVID-19.

Donated goods, facilities and services

Included within donations and legacies recognised in the accounts, is an amount in relation to the gifted use of land and buildings under a peppercorn lease, with a calculated annual fair value of £50,281 (2019 - £50,281).

Expenditure

All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset's use. Other support costs are allocated based on the spread of staff costs.

Costs of charitable activities are expenses directly incurred in achieving the objectives of the charity.

Governance costs include those incurred in the governance of the charity and its assets and are primarily associated with constitutional and statutory requirements.

Tangible fixed assets

Tangible fixed assets costing more than £500 are capitalised.

Fixed assets are stated at cost less accumulated depreciation.

Depreciation has been provided at the following rates so as to write off the cost less residual value of the assets over their estimated useful lives.

Land and buildings Straight line basis at 2.5% to 10% per annum Motor vehicles Straight line basis at 25% per annum Computer equipment Straight line basis at 20% per annum Other tangible fixed assets Straight line basis at 20% per annum

ADVENTURE PLUS

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

2 STATEMENT OF ACCOUNTING POLICIES (continued…)

Investments

Investments in subsidiaries are shown at cost less accumulated impairment losses.

Leases

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the income and expenditure account on a straight line basis over the lease term.

Taxation

The charity is an exempt charity within the meaning of schedule 3 of the Charities Act 2011 and is considered to pass tests set out in Paragraph 1 Schedule 6 Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes.

Being a registered charity, the charity is not liable to taxation on its income.

Financial instruments

The charity only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Financial assets are measured at cost and are assessed at the end of each reporting period for objective evidence of impairment. Where objective evidence of impairment is found, an impairment loss is recognised in the statement of financial activities.

The impairment loss for financial assets measured at cost is measured as the difference between an asset's carrying amount and the best estimate, which is an approximation, of the amount that the charity would receive for the asset if it were to be sold at the reporting date.

Financial assets and liabilities are offset and the net amount reported in the balance sheet when there is an enforceable right to set off the recognised amount and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

ADVENTURE PLUS

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

2 STATEMENT OF ACCOUNTING POLICIES (continued…)

Impairment of non-financial assets

At each reporting date non-financial assets not carried at fair value, like goodwill and plant, property and equipment, are reviewed to determine whether there is an indication that an asset may be impaired. If there is an indication of possible impairment, the recoverable amount of any asset or group of related assets (which is the higher of value in use and the fair value less cost to sell) is estimated and compared with its carrying amount. If the recoverable amount is lower, the carrying amount of the asset is reduced to its recoverable amount and an impairment loss is recognised immediately in the statement of financial activities.

If an impairment loss is subsequently reversed, the carrying amount of the asset, or group of related assets, is increased to the revised estimate of its recoverable amount, but not to exceed the amount that would have been determined had no impairment loss been recognised for the asset, or group of related assets, in prior periods. A reversal of an impairment loss is recognised immediately in the statement of financial activities.

Debtors

Short term debtors are measured at transaction price, less any impairment.

Creditors

Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and subsequently at amortised cost.

Funds

General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.

Designated funds comprise unrestricted funds that have been set aside for specific purposes at the discretion of the trustees.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by the donors or which have been raised by the charity for particular purposes.

Legal status of the charity

The charity is a company limited by guarantee 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.

Consolidation

The charity is a parent company subject to the small companies regime. The charity and its subsidiary comprise a small group. The charity has therefore taken advantage of the option provided by section 399 of the Companies Act 2006 not to prepare group accounts.

ADVENTURE PLUS

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

3 CRITICAL ACCOUNTING ESTIMATES AND JUDGEMENTS

The directors have made key assumptions when calculating a value for donations in kind in respect to the usage of land and buildings. At 31 December 2020 the amount included totalled £50,281.

This estimate is calculated using the costs of similar land and buildings in the local area. The value is calculated by multiplying the size of the area in number of acres donated by the average cost to rent one acre of land. The property is calculated in the same manner using the market cost of renting properties of a similar size.

4 INCOMING RESOURCES

None of the company's income is attributable to geographical markets outside the United Kingdom.

The incoming resources included on page 13 consist of the following sources of income:

Unrestricted income:
Donations and legacies
Donations and legacies
Donations from subsidiary company
Grant income
Charitable activities
AIM
MAP
Total adventure
DISTIL
Investment income
Interest receivable and similar income
Other income
Rental income		 2020
238,006
-
238,006
103,074
10,136
65,276
41,835
21,247
138,494
715
6,552
486,841		 2019
113,505
-
113,505
37,956
17,482
126,491
51,819
22,155
217,947
1,878
7,650
378,936

ADVENTURE PLUS

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

4 INCOMING RESOURCES (continued…)

Restricted income:
Donations and legacies
Donations and legacies
Donations from subsidiary company
Grant income
Total income		 2020
331,224
-
331,224
-
331,224
818,065		 2019
29,883
-
29,883
50,562
80,445
459,381

ADVENTURE PLUS

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

5 EXPENDITURE

The resources expended included on page 13 consist of the following sources of expenditure:

Unrestricted expenditure:
Charitable activities
Rent and rates
Housing and site expenses
Insurance
Wages and salaries
Activity costs
Repairs and maintenance
Volunteer expenses
Telephone and fax
Printing, postage and stationery
Trade subscriptions
Sundry expenses
Motor expenses
Publicity and fundraising
Customer entertaining
Legal and professional fees
Bad debt provision
Bank charges
Depreciation
Governance costs
Governance costs - independent exam
Governance costs - audit
Restricted expenditure:
Charitable activities
Wages and salaries
Activity costs
Depreciation
Depreciation motor vehicles
Profit on sale of other tangible fixed assets
Total expenditure		 2020
Total
£
50,281
10,934
6,466
202,929
34,351
3,439
820
3,780
2,173
1,786
1,919
10,599
3,895
64
5,680
-
676
-
339,792
4,320
-
4,320
344,112
67,273
1,150
91,753
(305)
159,871
503,983		 2019
Total
£
50,281
10,302
4,812
248,270
39,794
6,351
5,190
4,235
2,995
2,861
2,699
28,047
6,399
-
3,660
1,212
777
24,234
442,119
3,600
1,134
4,734
446,853
64,179
5,848
17,400
(894)
86,533
533,386

ADVENTURE PLUS

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

6 EMPLOYEES

The average number of persons employed by the charity (including trustees) during the year was:

Average number of employees
7
STAFF COSTS
Staff costs during the year amounted to:
Salaries and wages
Social security costs
Pension contributions		 2020
14
2020
£
243,405
14,668
12,129
270,202		 2019
14
2019
£
276,590
19,102
16,757
312,449

No employees received emoluments of more than £60,000.

No trustees received any remuneration during the year or received any other benefits from an employment with the charity or a related entity.

8 KEY MANAGEMENT PERSONNEL REMUNERATION

Salary and wages
Pension
Key management personnel remuneration for the year amounted to:		 2020
£
36,505
3,236
39,741		 2019
£
45,361
3,227
48,588

ADVENTURE PLUS

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

9 TANGIBLE ASSETS

Land and
buildings
£
Cost
At 1 January 2020
1,408,753
Additions
468,297
Disposals
-
At 31 December 2020
1,877,050
Accumulated depreciation
At 1 January 2020
118,687
Charge for year
73,302
Disposals
-
At 31 December 2020
191,989
Net book value
At 1 January 2020
1,290,066
At 31 December 2020
1,685,061		 Motor
vehicles
£
88,020
15,065
-
103,085
78,432
11,522
-
89,954
9,588
13,131		 Computer
equipment
£
£
19,545
50,079
-
18,729
-
(235)
19,545
68,573
13,112
41,220
2,204
4,725
-
(72)
15,316
45,873
6,433
8,859
4,229
22,700
Other tangible
fixed assets		 Total
£
1,566,397
502,091
(235)
2,068,253
251,451
91,753
(72)
343,132
1,314,946
1,725,122

Fixed asset additions in relation to land and buildings includes VAT of £83,718 which the charity is undergoing a process to determine its recoverability. The outcome of this currently remains uncertain.

ADVENTURE PLUS

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

10 FIXED ASSET INVESTMENTS

Investment in subsidiaries £

Cost
At 1 January 2020
At 31 December 2020
Net book value
At 1 January 2020
At 31 December 2020		 2
2
2
2

Adventure plus owns 100% of the issued share capital in it's subsidiary Windmill Farm Conference Centre Limited. The subsidiary's registered office is Windmill Farm Conference Centre, Main Street, Clanfield, Bampton, Oxfordshire, OX18 2SN.

Capital and reserves of Windmill Farm Conference Centre Limited
Called up share capital
Profit and loss account
Shareholder's funds
Profit / (loss) for the financial year		 2020
£
2
(5,033)
(5,031)
3,021		 2019
£
2
(8,054)
(8,052)
(35,794)

11 DEBTORS

Trade debtors
Amounts owed from group undertakings
Prepayments and accrued income
Other debtors		 2020
£
-
15,158
40,684
-
55,842		 2019
£
3,092
15,158
14,604
10,333
43,187

ADVENTURE PLUS

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

12 CREDITORS: amounts falling due within one year

Trade creditors
Taxation and social security
Accruals and deferred income
Other creditors		 2020
£
19,230
3,758
14,883
1,127
38,998		 2019
£
1,562
5,693
33,790
4,934
45,979

13 DEFERRED INCOME

Included in accruals and deferred income is deferred income of £6,196 in respect of income received in 2020 which relates to 2021. In the accounts for the year ended 31 December 2019 income totalling £27,474 was deferred and has been released in the current year.

14 COMMITMENTS

Amounts falling due under operating leases:
Expiring in less than one year
Expiring in more than one but less than five years
Expiring in more than five years
Amounts receivable under operating leases:
Expiring in less than one year
Expiring in more than one but less than five years
Expiring in more than five years		 2020
£
6,077
8
13
6,098
2020
£
5,000
20,000
69,000
94,000		 2019
£
6,077
8
15
6,100
2019
£
5,000
20,000
74,000
99,000

ADVENTURE PLUS

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

15 ANALYSIS OF NET ASSETS BETWEEN FUNDS

Fund balances at 31 December 2020 are represented by:

Investments
Tangible assets
Debtors
Cash at bank and in hand
Current liabilities		 Restricted
funds
£
-
1,725,122
-
73,378
-
1,798,500		 £
2
-
55,842
189,082
(38,998)
205,928
Unrestricted
funds		 Total funds
£
2
1,725,122
55,842
262,460
(38,998)
2,004,428

16 MOVEMENT IN FUNDS

Unrestricted funds:
General funds
Designated funds
Total unrestricted funds
Restricted funds
Vehicles and equipment
Bursary fund
Adventure Base and
Yurt Complex
Salary support fund
MAP
TA
Total restricted funds
Total funds		 £
59,536
10,000
69,536
10,093
977
1,608,774
-
966
-
1,620,810
1,690,346
At 1
January
2020		 £
486,841
-
486,841
1,715
-
307,930
18,192
3,387
331,224
818,065
Incoming
resources		 £
(344,112)
-
(344,112)
(18,146)
(495)
(121,879)
(18,192)
(1,159)
-
(159,871)
(503,983)
Outgoing
resources		 £
(6,338)
-
(6,338)
6,338
-
-
-
-
-
6,338
-
Transfers		 £
195,927
10,000
205,927
-
482
1,794,825
-
3,194
-
1,798,501
2,004,428
As at 31
December
2020

Transfers were made in the year in order to cover the shortfalls in income and expenditure on the individual restricted funds that were in deficit at the year end.

ADVENTURE PLUS

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

16 MOVEMENT IN FUNDS (continued…)

Movement in funds (previous year)

Unrestricted funds:
General funds
Designated funds
Total unrestricted funds
Restricted funds
Vehicles and equipment
Bursary fund
Adventure Base and
Yurt Complex
Salary support fund
MAP
AIM
Total restricted funds
Total funds		 £
127,453
10,000
137,453
9,593
2,445
1,613,160
1,700
-
-
1,626,898
1,764,351
At 1
January
2019		 £
378,936
-
378,936
995
100
58,933
15,171
3,966
1,280
80,445
459,381
Incoming
resources		 £
(446,853)
-
(446,853)
(495)
(1,568)
(63,319)
(16,871)
(3,000)
(1,280)
(86,533)
(533,386)
Outgoing
resources		 £
-
-
-
-
-
-
-
-
-
-
-
Transfers		 £
59,536
10,000
69,536
10,093
977
1,608,774
-
966
-
1,620,810
1,690,346
As at 31
December
2019

Vehicles and equipment

Fund for purchasing, or possibly maintaining, all vehicles, trailers and adventure activity equipment.

Bursary fund

Fund for use, at our discretion and following application and assessment, in reducing the price to participants in our activities.

Adventure Base and Yurt complex

The name of the fund into which the funds to purchase Windmill Farm Conference Centre Limited, the buildings and land were placed. Plus the fund used for the development of an accommodation block, activity centre, yurt complex and activities on the fields to the west of the offices.

Salary support fund

Fund for use in supporting salaries of paid team members.

ADVENTURE PLUS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

17 RELATED PARTY TRANSACTIONS

During the year the Charity made the following related party transactions:

Trustees

As well as donating their time and expertise during 2020 the trustees made unconditional donations of £6,700 (2019 £1,357) to the Charity.

No trustees expenses were incurred and no trustees received any remuneration for their services.

Windmill Farm Conference Centre Limited

There is an intercompany loan between Adventure Plus and its subsidiary Windmill Farm Conference Centre Limited, there was an amount owed to Adventure Plus at the year end of £15,158 (2019 £15,158).

During 2020 the Charity paid Windmill Farm Conference Centre Limited contributions towards the shared utility charges of £2,400 (2019 £2,400).

19 POST BALANCE SHEET EVENTS

The Charity entered into a contract with Mobius in relation to the yurt developmet in September 2020 for £177,524. As at 31st December 2020 expenditure of £152,791 had been incurred.

20 STATEMENT OF FINANCIAL ACTIVITIES - COMPARATIVE FIGURES BY FUND TYPE

INCOME
Donations and legacies
Grant income
Charitable activities
Investment income
Other income
Total income
Expenditure on:
Charitable activities
Governance costs
Total expenditure
Reconciliation of funds
Total funds at 1 January 2019
Total funds at 31 December 2019
NET (EXPENDITURE) / INCOME		 Unrestricted
Funds
£
113,505
37,956
217,947
1,878
7,650
378,936
442,119
4,734
446,853
(67,917)
137,453
69,536		 Restricted
Funds
£
29,883
50,562
-
-
-
80,445
86,533
-
86,533
(6,088)
1,626,898
1,620,810		 Total
Funds 2019
£
143,388
88,518
217,947
1,878
7,650
459,381
528,652
4,734
533,386
(74,005)
1,764,351
1,690,346

ADVENTURE PLUS

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

21 ANALYSIS OF CASH AND CASH EQUIVALENTS

Cash in hand
Total cash and cash equivalents		 2020
£
262,460
262,460		 2019
£
378,190
378,190

ADVENTURE PLUS

DETAILED INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2020

----- Start of picture text -----
2020 2019
£ £
INCOME
Donations and legacies 238,006 113,505
Restricted donations and legacies 331,224 29,883
Grant income 103,074 37,956
Restricted grant income - 50,562
Charitable activity 138,494 217,947
Investment income 715 1,878
Other income 6,552 7,650
818,065 459,381
EXPENDITURE
Rent and rates 50,281 50,281
Housing and site expenses 10,934 10,302
Insurance 6,466 4,812
Wages and salaries 270,202 312,449
Activity costs 35,501 45,642
Repairs and maintenance 3,439 6,351
Volunteer expenses 820 5,190
Telephone and fax 3,780 4,235
Printing, postage and stationery 2,173 2,995
Trade subscriptions 1,786 2,861
Sundry expenses 1,919 2,699
Motor expenses 10,599 28,047
Publicity and fundraising 3,895 6,399
Customer entertaining 64 -
Legal and professional fees 5,680 3,660
Bad debt provision - 1,212
Accountancy fees 4,320 3,600
Auditors' remuneration - audit fees - 1,134
Bank charges 676 777
Depreciation land and buildings 73,302 26,473
Depreciation motor vehicles 11,522 9,588
Depreciation computer equipment 2,204 2,234
Depreciation other tangible fixed assets 4,725 3,339
(Profit) on sale of other tangible fixed assets (305) (894)
503,983 533,386
NET INCOME / (EXPENDITURE) 314,082 (74,005)
----- End of picture text -----