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2022-12-31-accounts

CONTENTS PAGES
Reference and administrative details
Trustees'
report		 2to 5
Executive Director's report 6to11
Auditor's
report		 12to 14
Statement
of financial		 activities and income and expenditure account 15
Balance sheets 16to 17
Statement
of cash flows		 18
Notes to the financial statements 19to 36

Mr Brian Foxton (Chair): Group Engineer - Street Management
Team,
Highways.
Regular Adventure
Plus Volunteer		 London Borough Hackney
and Archery Leader
Revd. Donna Williams: Vicar, All Saints' Hampton
(resigned
13th July		 2022)
Mr Richard Bach: Partner,
Heligan
Group
Mr James Gould: Academic
Lawyer - University
of Plymouth
Mr Nick Stevens CEO at St Raphael's
Hospice (resigned 20th		 September 2022)
Mrs Helen Leighton: Former International
Marketing
Director
Mr Mark Hellawell Director and founder of Rokwell Partners
Ltd
Secretary: Mrs Therese Cox (Solicitor)
Registered
Office:		 Adventure
Plus, Main Street, Clanfield,
Oxfordshire,
OX182SN
Accountants: The M Group, 4 Witan Way, Witney, Oxfordshire,
OX28 6FF
Auditors: Just Audit &Assurance
Ltd, 4 South Bar Street, Banbury, Oxon OX16 9AA
Bankers: National
Westminster
Bank pic, 23 High Street, Witney, Oxon OX28 6HW

Notes Unrestricted Restricted Total Total
Funds Funds Funds 2022 Funds 2021
f 8
INCOME
Donations
and legacies		 202,778 180,095 382,873 585,919
Grant income 4,000 4,000 50,592
Charitable
activities		 207,500 207,500 152,269
Investment
income		 1,781 1,781 23
Other income 25,381 25,381 26,710
Activities for generating funds 211,029 211,029 139,228
Total income 4 652,469 180,095 832,564 954,741
Expenditure
on:
Charitable
activities		 436,416 170,452 606,868 592,532
Governance
costs		 7,500 7,500 3,600
Trading cost of subsidiary 181,286 181,286 82,684
Total expenditure 5 625,202 170,452 795,654 678,816
NET INCOME I(EXPENDITURE) 27,267 9,643 36,910 275,925
Extraordinary
income		 1,500,000 1,500,000
Subsidiary
corporation		 tax 435 435 6,281
NET MOVEMENT IN FUNDS 26,832 1,509,643 1,536,475 269,644
Reconciliation
of		 funds
Total funds at 1 January 2022 18 195,768 2,073,272 2,269,040 1,999,396
Total funds at 31 December 2022 18 222,600 3,582,915 3,805,515 2,269,040

Notes GROUP CHARITY CHARITY
2022 2021 2022 2021
FIXEDASSETS
Tangible assets 9 3,453,378 1,939,617 3,419,569 1,917,228
Investments 10 2 2
3,453,378 1,939,617 3,419,571 1,917,230
CURRENT ASSETS
Stock 1,657 1,253
Debtors 104,538 49,868 77,014 49,479
Cash at bank and
in hand		 455,404 400,244 366,165 313,698
561,599 451,365 443,179 363,177
CREDITORS: Amounts falling due 12 199,862 112,779 119,946 50,098
within one year
NET CURRENT ASSETS 361,737 338,586 323,233 313,079
TOTAL ASSETS LESSCURRENT LIABILITIES 3,815,115 2,278,203 3,742,804 2,230,309
CREDITORS: Amounts falling due 14 5,000 5,000
after more than one year
Provisions
for liabilities		 and charges 15 4,600 4,163
NET ASSETS 3,805,515 2,269,040 3,742,804 2,230,309
FUNDS OF THE CHARITY:
Unrestricted
income funds		 18 222,600 195,768 159,889 157,037
Restricted income funds 18 3,582,915 2,073,272 3,582,915 2,073,272
3,805,515 2,269,040 3,742,804 2,230,309

Notes GROUP CHARITY
K Z
2022 2021 2022 2021
Cash flows from operating activities
Net income for the reporting
penod (as per the SOFA) 36,910 275,925 12,492 225,881
Adjustments
for:
Depreciation
charges		 127,870 121,813 123,770 118,570
Increase
in inventory		 (404)
(Increase) Idecrease
in debtors		 (54,670) (17,193) (27,535) 6,364
Profit on the sale of other
tangible
fixed assets		 (33,338) (553) (33,338) (553)
Increase
in creditors		 89,205 58,456 69,851 11,100
Decrease
in other creditors		 (2,500)
Taxes paid (2,120)
Net cash generated
by operating
activities 163,453 435,948 145,240 361,362
Cash flows from investing activities:
Proceeds from the sale ofother
tangible
fixed assets		 40,870 2,765 40,870 2,765
Purchase of property,
plant		 and
equipment (149,163) (323,300) (133,643) (312,889)
Net cash used
in investing		 activities (108,293) (320,535) (92,773) (310,124)
Net increase
in cash and		 cash
equivalents 55,160 115,413 52,467 51,238
Cash and cash equivalents at
the beginning
of the year		 400,244 284,831 313,698 262,460
Cash and cash equivalents at
the end ofthe year 21 455,404 400,244 366,165 313,698

The incoming
resources		 The incoming
resources		 included on page 13consist of the following sources ofincome:
2022 2021
E F
Unrestricted
income:
Donations
and legacies
Donations
and legacies		 202,778 92,853
Grant income 4,000 50,592
Charitable
activities
AIM 26,326 17,705
MAP 134,082 98,213
Total adventure 26,019 20,410
DISTIL 21,073 15,941
207,500 152,269
Investment
income
Interest receivable and similar income 1,781 23
Other income
Rental income 13,911 26,710
Other income 11,470
25,381 26,710
Activities for generating funds 211,029 139,228
652,469 461,675
Restricted income:
Donations
and legacies
Donations
and legacies		 180,095 493,066
Total income 832,564 954,741

2022 2021
6
Unrestricted
expenditure:
Charitable
activities
Discounts
taken		 3,214
Rent and rates 54,eee 55,996
Housing
and site expenses		 9,784 10,801
Insurance 5,443 7,414
Wages and salaries 255,283 239,042
Activity costs 44,134 11,365
Repairs and maintenance 2,708 7,602
Volunteer expenses 3,517 3,862
Telephone
and fax		 3,250 3,027
Printing,
postage and stationery		 3,722 3,669
Trade subscriptions 3,215 3,249
Sundry expenses 623 1,496
Motor expenses 24,445 15,756
Publicity and fundraising 7,091 2,483
Customer
entertaining
Legal and professional fees 8,637 7,461
Accountancy
fees		 4,680
Bank charges 1,190 710
Donations 622
Currency exchange losses
436,416 373,944
Governance
costs
Governance
costs - independent		 exam 3,600
Governance
costs - audit		 7,500
Trading cost ofsubsidiary 181,286 82,684
625,202 460,228
Restricted expenditure:
Charitable
activities
Wages and salaries 71,793 94,694
Activity costs 1,238 5,127
Repairs and maintenance 6,989 750
Depreciation 123,770 118,570
Profit on sale ofother tangible fixed assets (33,338) (553)
170,452 218,588
Total expenditure 795,654 678,816

2022 2021
Average number ofemployees 21 20
7 STAFF COSTS
2022 2021
Staff costs for the Chanty during the year amounted to: E E
Salaries and wages 291,178 302,014
Social security costs 24,503 20,453
Pension contributions 11,395 11,269
327,076 333,736
Included in the trading costs of the subsidiary were staff costs as follows:
Salaries and wages 94,560 32,282
Social security costs 6,679 1,514
Pension contributions 2,160 784
103,399 34,580

Key management personnel remuneration for the year amounted to: 2022f 2021
E
Salary and wages 50,044 44,699
Pension 1,689 3,472
51,733 48,171

Land and Motor Other fixed
buildings
6		 vehicles
f		 assets
6		 Total
Cost
At 1 January 2022 2,180,963 88,385 160,932 2,430,280
Additions 1,565,296 39,255 44,612 1,649,163
Disposals (54,560) (54,560)
At 31 December 2022 3,746,259 73,080 205,544 4,024,883
Accumulated depreciation
At 1 January 2022 295,130 80,852 114,681 490,663
Charge for year 105,217 6,565 16,088 127,870
Disposals (47,028) (47,028)
At 31 December 2022 400,347 40,389 130,769 571,505
Net book value
At 1 January 2022 1,885,833 7,533 46,251 1,939,617
At 31 December 2022 3,345,912 32,691 74,775 3,453,378

CHARITY
Land and Motor Computer Fixtures, fittings
buildings vehicles equipment and equipment Total
F
Cost
At 1 January 2022 2,180,963 88,385 19,545 74,784 2,363,677
Additions 1,565,296 39,255 29,092 1,633,643
Disposals (54,560) (54,560)
At 31 December 2022 3,746,259 73,080 19,545 103,876 3,942,760
Accumulated depreciation
At 1 January 2022 295,130 80,852 17,430 53,037 446,449
Charge for year 105,217 6,565 2,114 9,874 123,770
Disposals (47,028) (47,028)
At 31 December 2022 400,347 40,389 19,544 62,911 523,191
Net book value
At 1 January 2022 1,885,833 7,533 2,115 21,747 1,917,228
At 31 December 2022 3,345,912 32,691 1 40,965 3,419,569

11 DEBTORS GROUP CHARITY
2022 2021 2022 2021
F f
Trade debtors 87,042 32,785 43,572 3,178
Prepayments and accrued income 16,906 16,499 15,427 30,229
Other debtors 590 584 18,015 16,072
104,538 49,868 77,014 49,479
CREDITORS: amounts falling due within one year
GROUP CHARITY
2022
K		 2021f 2022
f		 2021
6
Trade creditors 11,565 10,267 6,662 4,224
Taxation and social security 20,949 9,215 5,083 1,723
Accruals and deferred income 139,452 88,059 80,305 38,913
Other creditors 27,896 5,238 27,896 5,238
199,862 112,779 119,946 50,098

14 CREDITORS: amounts falling due after
more than one year GROUP CHARITY
2022 2021 2022 2021
K 5
Other creditors 5,000 5,000
15 PROVISIONS FOR LIABILITIES
GROUP CHARITY
Deferred Taxation 2022 2021 2022 2021
f E
Accelerated
capital allowances		 4,600 4,163
All deferre d taxa tion has been fully provide d.
GROUP CHARITY
Movements
on		 deferred taxation
provision 2022 2021 2022 2021
E K 6
Balance brought forward 4,163
Transfer during the year 437 4,163
Balance carried forward 4,600 4,163

Amounts Ialhng due under operating leases:
GROUP CHARITY
2022 2021 2022 2021
F
Expiring in less than one year 6,075 6,077 6,075 6,077
Expiring in more than one but less than five
years 8 8
Expiring in more than five years 11 11
6,075 6,096 6,075 6,096
Amounts receivable under operating leases:
GROUP CHARITY
2022 2021 2022 2021
8 6
Expiring in less than one year 5,000 5,000
Expiring in more than one but less than
five years 20,000 20,000
Expiring in more than five years 59,000 64,000
84,000 89,000

Fund ba lance s at 31 December 2022 are re presented
by:
Restricted Unrestricted
funds funds Total funds
6 K
Tangible assets 3,419,568 33,810 3,453,378
Stock 1,657 1,657
Debtors 104,538 104,538
Cash at bank and in hand 163,347 292,057 455,404
Current liabilites (199,862) (199,862)
Non-current liabilities (9,600) (9,600)
3,582,915 222,600 3,805,515

MOVEMENT
IN F		 UNDS
At 1 As at 31
January Incoming Outgoing December
2022 resources resources Transfers 2022
Unrestricted
funds:
General funds 185,768 652,469 (625,636) 212,600
Designated
funds		 10,000 10,000
Total unrestricted funds 195,768 652,469 (625,636) 222,600
Restricted funds
Vehicles and equipment 10,476 10,498 14,785 35,759
Adventure
Base and
Yurt Complex 2,062,796 1,632,774 (156,710) 3,538,860
Salary supportfund 20,300 (20,300)
MAP 16,523 (8,227) 8,296
Total restricted
funds		 2,073,272 1,680,095 (170,452) 3,582,915
Total funds 2,269,040 2,332,564 (796,088) 3,805,515

Movement
in		 funds (previous funds (previous year)
At 1 As at 31
January Incoming Outgoing December
2021 resources resources Transfers 2021
8 6 6 8
Unrestricted funds:
General funds 190,895 461,675 (466,509) (293) 185,768
Designated
funds		 10,000 10,000
Total unrestricted funds 200,895 461,675 (466,509) (293) 195,768
Restricted funds
Vehicles and equipment 26,102 (15,626) 10,476
Bursary fund 482 67 (676) 127
Adventure
Base and
Yurt Complex 1,794,825 450,764 (182,793) 2,062,796
Salary support fund 14,492 (14,492)
MAP 3,194 1,641 (5,001) 166
Total restricted funds 1,798,501 493,066 (218,588) 293 2,073,272
Total funds 1,999,396 954,741 (685,097) 2,269,040

Unrestricted Restricted Total
Funds Funds Funds 2021
E Z 6
INCOME
Donations
and legaaes		 92,853 493,066 585,919
Grant income 50,592 50,592
Charitable
activities		 152,269 152,269
Investment
income		 23 23
Other income 26,710 26,710
Activities for generating funds 139,228 139,228
Total income 461,675 493,066 954,741
Expenditure
on:
Charitable
activities		 373,944 218,588 592,532
Governance
costs		 3,600 3,600
Trading cost of subsidiary 82,684 82,684
Total expenditure 460,228 218,588 678,816
NET INCOME 1,447 274,478 275,925
Transfer between
funds		 (293) 293
Subsidiary
corporation		 tax 6,281 6,281
NET MOVEMENT
IN FUNDS		 (5,127) 274,771 269,644
Reconciliation
offunds
Total funds at 1 January 2021 200,895 1,798,501 1,999,396
Total funds at 31 December 2021 195,768 2,073,272 2,269,040

GROUP CHARITY
2022 2021 2022 2021
F K
Cash in hand 455,404 400,244 366,165 313,698
Total cash and cash equivalents 455,404 400,244 366,165 313,698