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||||Page||
|---|---|---|---|---|
|Report ofthe Trustees||1|to|4|
|Independent<br>Examiner's|Report||||
|Statement ofFinancial|Activities||||
|Balance Sheet|||||
|Cash Flow Statement|||||
|Notes to the Cash Flow|Statement||||
|Notes to the Financial Statements||10|to|18|





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||||||||Period|
|---|---|---|---|---|---|---|---|
||||||||1.1.19|
|||||||Year Ended|to|
|||||||31.3.21|31.3.20|
|||||Unrestricted|Restricted|Total|Total|
|||||fund|funds|funds|funds|
||||Notes|||||
|INCOME|AND ENDOWMENTS|FROM||||||
|Donations|and legacies||2|110,194||110,194|46,198|
|Charitable|activities|||||||
|Preservation|and conservation||||222,212|222,212|754,471|
|Other trading activities|||||||97|
|Investment|income|||37||37|159|
|Total||||110,231|222,212|332,443|800,925|
|EXPENDITURE ON||||||||
|Charitable|activities|||||||
|Preservation|and conservation|||77,772|251,438|329,210|733,233|
|Support costs||||900||900|2,100|
|Total||||78,672|251,438|330,110|735,333|
|NET INCOME/(EXPENDITURE)||||31,559|(29,226)|2,333|65,592|
|Transfers<br>between<br>funds|||17|4,000|(4,000)|||
|Net movement<br>in funds||||35,559|(33,226)|2,333|65,592|
|RECONCILIATION<br>OF FUNDS||||||||
|Total funds|brought<br>forward|||91,455|99,791|191,246|125,654|
|TOTAL FUNDS CARRIED FORWARD||||127,014|66,565|193,579|191,246|





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|||||2021|2020|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
||Notes|fund|funds<br>f|funds|fundsI|
|FIXEDASSETS||||||
|Tangible assets|13|495||495|1,170|
|CURRENT ASSETS||||||
|Debtors|14|26||26||
|Cash at bank||202,540|66,565|269,105|255,751|
|||202,566|66,565|269,131|255,751|
|CREDITORS||||||
|Amounts<br>falling due within one year|15|(76,047)||(76,047)|(65,675)|
|NKT CURRENT ASSETS||126,519|66,565|193,084|190,076|
|TOTAL ASSETSLESSCURRENT||||||
|LIABILITIES||127,014|66,565|193,579|191,246|
|NET ASSETS||127,014|66,565|193,579|191,246|
|FUNDS|17|||||
|Unrestricted<br>funds||||127,014|91,455|
|Restricted funds||||66,565|99,791|
|TOTAL FUNDS||||193,579|191,246|





|FOR THE YEAR E|NDED|31MARC|H 2021|||
|---|---|---|---|---|---|
||||||Period|
||||||1.1.19|
|||||Year Ended|to|
|||||31.3.21|31.3.20|
||||Notes||f|
|Cash flows from operating||activities||||
|Cash generated<br>from|operations|||12,783|94,461|
|Net cash provided<br>by|operating<br>activities|||12,783|94,461|
|Cash flows from investing||activities||||
|Purchase oftangible|fixed assets||||(534)|
|Sale oftangible<br>fixed|assets|||534||
|Interest received||||37|159|
|Net cash provided<br>by/(used||in) investing|activities|571|(375)|
|Change<br>in cash and|cash equivalents||in|||
|the reporting<br>period||||13,354|94,086|
|Cash aad cash equivalents||at the||||
|beginning<br>ofthe reporting||period||255,751|161,665|
|Cash and cash equivalents||at the end|of|||
|the reporting<br>period||||269,105|255,751|





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|RECONCIL|IATIO|N<br>OF NK|T INCOME TO NET CASH FLOW FROM|OPERATING AC|TIVITIES|
|---|---|---|---|---|---|
||||||Period|
||||||1.1.19|
|||||Year Ended|to|
|||||31.3.21|31.3.20|
|Net income|for the|reporting|period (as per the Statement ofFinancial|||
|Activities)||||2,333|65,592|
|Adjustments|for:|||||
|Depreciation|charges|||141|822|
|Interest received||||(37)|(159)|
|(Increase)/decrease||in debtors||(26)|70,435|
|Increase/(decrease)||in creditors||10,372|(42,229)|
|Net cash provided||by operations||12,783|94,461|



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|||At 1.4.20|Cash flow|At 31.3.21|
|---|---|---|---|---|
|Net cash|||||
|Cash at bank||255,751|13,354|269,105|
|||255,751|13,354|269,105|
|Debt|||||
|Debts falling due within|1 year|(40,000)||(40,000)|
|||(40,000)||(40,000)|
|Total||215,751|13,354|229,105|





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|DONATIONS<br>AND|LE|G|ACIES|||
|---|---|---|---|---|---|
||||||Period|
||||||1.1.19|
|||||Year Ended|to|
|||||31.3.21|31.3.20|
|||||f|f|
|Donations<br>and membership|||subscriptions|5,301|11,759|
|Grants||||104,893|34,439|
|||||110,194|46,198|
|Grants received, included||in|the above, are as follows:|||
||||||Period|
||||||1.1.19|
|||||Year Ended|to|
|||||31.3.21|31.3.20|
|Lewes District Council||||16,334|8,000|
|Shermanbury<br>Parish Council|||||1,050|
|Enviroment<br>Agency||||26,977||
|HKD Transitions|||||8,501|
|Rivers Trust|||||250|
|South Downs National|Park|||17,246|14,920|
|Hassocks Parish Council|||||1,018|
|Adur District Council|||||500|
|Sussex Wildlife Trust||||15,000|200|
|HMRC - Job Retention|Scheme|||4,336||
|Drax Group Limited||||25,000||
|||||104,893|34,439|





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|||||||||Period|
|---|---|---|---|---|---|---|---|---|
|||||||||1.1.19|
||||||||Year Ended|to|
||||||||31.3.21|31.3.20|
||Other trading||activities|||||97|
|4.|INVESTMENT INCOME||||||||
|||||||||Period|
|||||||||1.1.19|
||||||||Year Ended|to|
||||||||31.3.21|31.3.20|
||||||||f,|6|
||Deposit account interest||||||37|159|
|5.|INCOME|PROM CHARITABLE ACTIVITIES|||||||
|||||||||Period|
|||||||||1.1.19|
||||||||Year Ended|to|
||||||||31.3.21|31.3.20|
||||||Activity||||
||Grants||||Preservation|and conservation|222,212|754,471|
||Grants received, included|||in the above, are||as follows:|||
|||||||||Period|
|||||||||1.1.19|
||||||||Year Ended|to|
||||||||31.3.21|31.3.20|
||||||||g|8|
||Enviroment|Agency|||||60,836|61,000|
||West Sussex||County Council||||689|6,718|
||National<br>Heritage - Lottery Fund||||||157,187|610,623|
||Rampion Offshore Wind|||Ltd||||18,993|
||South East|Water||||||40,000|
||Water Enviroment<br>Grant|||||||17,137|
||Adw District||Council||||3,000||
||Sussex IFCA||||||500||
||||||||222,212|754,471|
||In addition|the following||grant|has been deferred to 2021/22:||||
||||||||2021|2020|
||Environment||Agency||||25,000||





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|6.|CHARITAB|LE|ACTI|VITIES COSTS||||
|---|---|---|---|---|---|---|---|
||||||Direct|Support||
||||||Costs (see|costs (see||
||||||note 7)|note 8)<br>f|Totals<br>f|
||Preservation|and|conservation||329,210||329,210|
||Support costs|||||900|900|
||||||329,210|900|330,110|
|7.|DIRECT COSTSOF CHARITABLE ACTIVITIES|||||||
||||||||Period|
||||||||1.1.19|
|||||||Year Ended|to|
|||||||31.3.21|31.3.20|
|||||||f|f|
||Staffcosts|||||128,360|143,536|
||Fieldwork|||||107,248|531,663|
||Consultancy|||||81,293|30,110|
||Other|||||3,462|17,285|
||Administration|||||8,706|9,817|
||Depreciation|||||141|822|
|||||||329,210|733,233|
|8.|SUPPORT COSTS|||||||
||||||||Management|
||Supportcosts||||||900|
||Support costs, included|||in the above, are as follows:||||
||||||||Period|
||||||||1.1.19|
|||||||Year Ended|to|
|||||||31.3.21|31.3.20|
|||||||Support|Total|
|||||||costs|activities|
||Independent|examination||||900|900|
||Loan arrangement||fee||||1,200|
|||||||900|2,100|





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||||||Period|
|---|---|---|---|---|---|
||||||1.1.19|
|||||Year Ended|to|
|||||31.3.21|31.3.20|
|Depreciation|-|owned|assets|141|822|



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||2021|2020|
|---|---|---|
|Wages and salaries|116,525|130,684|
|Social security costs|11,232|8,076|
|Pension costs|4 579|4 776|
||132336|143536|
|Average number ofemployees|||



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|No employee<br>received emoluments<br>in excess off60,000(2020:none).|No employee<br>received emoluments<br>in excess off60,000(2020:none).|No employee<br>received emoluments<br>in excess off60,000(2020:none).|No employee<br>received emoluments<br>in excess off60,000(2020:none).|No employee<br>received emoluments<br>in excess off60,000(2020:none).|||
|---|---|---|---|---|---|---|
|COMPARATIVKS FORTHE STATEMENT OF FINANCIAL ACTIVITIES|||||(2020)||
||||Unrestricted||Restricted|Total|
||||fund||funds|funds|
||||f||||
|INCOME||AND ENDOWMENTS|FROM||||
|Donations|and legacies||46,|168|30|46,198|
|Charitable||activities|||||
|Preservation||and conservation|||754,471|754,471|
|Other trading activities||||57|40|97|
|Investment||income||159||159|
|Total|||46,384||754,541|800,925|
|EXPENDITURE ON|||||||
|Charitable||activities|||||
|Preservation||and conservation|63,803||669,430|733,233|





||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|
||||fund|funds|funds|
|||||I||
||Support costs||315|1,785|2,100|
||Total||64,118|671,215|735,333|
||NET INCOME/(EXPENDITURE)||(17,734)|83,326|65,592|
||RECONCILIATION|OF FUNDS||||
||Total funds brought|forward|109,189|16,465|125,654|
||TOTAL FUNDS CARRIED FORWARD||91,455|99,791|191,246|
|13.|TANGIBLE FIXED|ASSETS||||
||||||Office|
||||||and field|
||||||equipment|
||COST|||||
||At<br>1 April 2020||||24,214|
||Disposals||||(534)|
||At 31 March 2021||||23,680|
||DEPRECIATION|||||
||At<br>1 April 2020||||23,044|
||Charge for year||||141|
||At 31 March 2021||||23,185|
||NET BOOK VALUE|||||
||At 31 March 2021||||495|
||At 31 March 2020||||1,170|
|14.|DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR|||||
|||||2021|2020|
|||||f.||
||Other debtors|||26||





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||2021|2020|
|---|---|---|
|Other loans (see note 16)|40,000|40,000|
|Trade creditors|9,876|18,746|
|Social security and other taxes|2,776|3,132|
|Other creditors|10,895|3,797|
|Deferred income|12,500||
||76,047|65,675|



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||||||Net|Transfers||
|---|---|---|---|---|---|---|---|
||||||movement|between|At|
|||||At 1.4.20|in funds|funds|31.3.21|
|Unrestricted|funds|||||||
|General fund||||91,455|31,559|4,000|127,014|
|Restricted<br>funds||||||||
|Adur 8t Ouse|Catchment||Partnership|||||
|(AOCP)||||12,664|(7,122)|(4,000)|1,542|
|Heritage Lottery||Fund (HLF)||50,688|(17,044)||33,644|
|Water Enviroment||Grant|(WEG)|36,439|(5,060)||31,379|
|||||99,791|(29,226)|(4,000)|66,565|
|TOTAL FUNDS||||191,246|2,333||193,579|
|Net movement|in|funds,|included|in the above are as follows:||||
||||||Incoming|Resources|Movement|
||||||resources|expended|in funds|
|Unrestricted|funds|||||||
|General<br>fund|||||110,231|(78,672)|31,559|
|Restricted<br>funds||||||||
|Adur dt Ouse|Catchment||Partnership|||||
|(AOCP)|||||15,500|(22,622)|(7,122)|
|Heritage Lottery Fund (HLF)|||||160,877|(177,921)|(17,044)|
|Water Enviroment||Grant|(WEG)||45,835|(50,895)|(5,060)|
||||||222,212|(251,438)|(29,226)|
|TOTAL FUNDS|||||332,443|(330,110)|2,333|





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|||||||Net||
|---|---|---|---|---|---|---|---|
|||||||movement|At|
||||||At 1.1.19|in funds|31.3.20|
|Unrestricted|funds|||||||
|General<br>fund|||||109,189|(17,734)|91,455|
|Restricted<br>funds||||||||
|Adur 61Ouse|Catchment||Partnership|||||
|(AOCP)|||||16,465|(3,801)|12,664|
|Heritage<br>Lottery||Fund (HLF)||||50,688|50,688|
|Water Enviroment||Grant|(WEG)|||36,439|36,439|
||||||16,465|83,326|99,791|
|TOTAL FUNDS|||||125,654|65,592|191,246|
|Comparative|net|movement||in funds, included|in the above are as follows:|||
||||||Incoming|Resources|Movement|
||||||resources|expended|in funds|
|Unrestricted|funds|||||||
|General<br>fund|||||46,384|(64,118)|(17,734)|
|Restricted<br>funds||||||||
|Adur tts Ouse|Catchment||Partnership|||||
|(AOCP)|||||15,000|(18,801)|(3,801)|
|Heritage Lottery Fund (HLF)|||||682,404|(631,716)|50,688|
|Water Enviroment||Grant|(WEG)||57,137|(20,698)|36,439|
||||||754,541|(671,215)|83,326|
|TOTAL FUNDS|||||800,925|(735,333)|65,592|





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