THE UN BERWICK TRUST REGISTÉRED CHAR￿ NO. 1083039 (ENGLAND} REGISTERED CHARITY NO. SC0396S9 ISCIJTLAND} A COMPANY uritTED BY GUARANTE NUhlBER 4055205 RÈGISTERED IN alGLAJID REPORT OF THE DIRECTORS & TRUSTEES AND FINANCIAL STATEMENYS YEAR ÉNDED 31 DECEMBER 2021 IIOORE GREEN CHARTERED ACCOUNTAJ4TS su RY SUFFO THE UN ￿ER￿CK TRUST CONTEN PAGE Charlty Informallon Trust8es' Report 24 Indepondent E￿mIne￿3 ReFfKt staterntrnt of Flnandal *Al¥￿e$ anc4 Sheet Not•s to th• *£c¢unts 9-15 D8laHgd Incorrffj and ExpendbJrnN£Co￿I 16-18 THE UN BERWICK TRUST CIIARIYY INFORMATI Dlract¢>Ys & Trustws J H D Totssey l Duncan J WI1￿￿$ G Bishop J Budd Comp•ny S¢¢rtt•ry M T005ey Reglstsred Office 22 Frlarn Slreet Sudbury, Suff¢lk. C010 2 Ind?pendontgxamln•rs Moore Green 22 Fri8r5 Slr88L Sudbury, Suffolk. C010 2AA 8ankers HSBC Bank PLC 133 Regent Str881. London. W184HX ompany Numb*r 4055205 Chaffty Numb•r 1083039 England SC039659 Scotland Page 1 THE UN BERIYICK TRUST YEAR ENDED 31 DECEIIBER 2021 IRECTORS ANO TRUSTEES. REPORT The DI1￿10r8 and Trusteas ￿Sertt tholi r8wMi*4th Ihe ofTh8 Un 88Nir* TpJst hrtho year ended 31 Dec¢mb8r 2021. Statement of Truslg9•' R08pon¥lbllltb•• The TNsiee$ 8re 8180 dtr9CtOFs ofTh8 Lkn Tnmtfor Ihè wrpose4 lawl are reSpr￿te for preparing Ihe Tfustaes, Annu81 Rewi and the a¢￿Unts ￿ acDJrdanR *ilh 8ppJcab￿ Lqw and Untted KlngdomAc£ounUw Standards Iunknd lfjwdorn G8neTrty N£capt8d AcDxnting Pra¢X4¢el. c￿￿ny1￿W roqulr8s the Trusle8s lo prepwe acoJunlsfrJr eath linanLyal ￿ar, 9N8 a true And falr vlewol ¢he state of 8ffair5 oIthB ehwitat4e ccfflpany and of Ihe 8UfFI￿ or d8fidl kjr hs finanfaal yaar. In *#okng sothe Trustee8 are re¢wtred to.. 18} Soknct 8uttabl6 accoun￿￿ pdtd88 and oppty Ilwi Ibl Ob$6rve ihe melho¢J8 and wlrK*les h Ihe Charth SOFP. Icl Make lud9am9nl$ 8nd O$llmat•6 that arg rnawnable ano Id) St8t¢ *th8lharthe pcldes adopled 8rg In aCcOrdar￿ Ihe Compan￿9 P£t 2fy)6 Jnd valh appllcabfe accowllng $18ndard5 ènd $t8lem¢nis of reeommendad prath, Sub￿¢1 10 any malerfal d•pwtsire$ Bnd wwned h tlw ¥lat•mnl•'. lel Prep•r• the accounts on the gokng ¢onc•m b•81$ wsl*Js ft ￿ kn•ppwtst¢ to yo8ume that t￿ ctmpany ¥411 conunug In tyJthttM. The Tru8t801 aro re8pon•ble for mokntsknlrvJ propor rgcuds thaidlK4010 *lth r•8Wrt acJJra¢y at any Ilme the fin8nd￿ poalljcn ol the tharitsblo ccffjpany and to enab￿ Tt ￿ ensure th81 the 8ccounts comply Ihe Companle$ Act 2008. th• Cbadtss 8nd Truthe Investment (Scolandl Act 2CQS and the Chartt￿l Accounts Iscol￿N￿l Regul8Uons 200618$ Jmgndedl. They Dr• a160 ￿SPOn61b1è for 8afeguarOin£ the as8018 of the charttabk ccmpwry 8ThJ henc• fori&%lrvJ roasorwblè 8teps lor the prevent and detec￿tsn of fraud and other lryewlathea. DSY•ctor• •nd Yru•t••• I dlrectOf8 gfth• gjmparyarn •kno Tn￿ty8$ cl thoth*lty, ar4J thgr• ¥ro no oth•iTnJ8te••. The TNilo08 In offlce thJrfrvJ thg y￿￿1¥ M f(kn•'. JHDTtsJ l DurK J Wllkjns G Btshop J Budd Appolntm•nl ofTrustOos Is governd by ts Memorandum and ofth• Charity. The Trustees 8re uutl¥)rkned to 8pp)Inl nv* to fiH v8¢8nd?¥ thrnugh reW81knn or d8aih ol an eyJ511ng Truitee. The maln doy-to.day managem8nt of Ih•Tws¢ has baen dthgated to the Trust Manager. Pw2 THE LIN BERWICK TRUST YEAR ENDED 31 DEGEM8ER 2021 DIRECTORS AND TRUSTEES, REPORT GONYINVED Tho ChadV$ QbJg¢ti alm ofthg (barfty 1$ a$ fornows.. To prowde relief for physlcally dlsabled people, thelr farnlll8s and carer5, through th8 buildlng of $pecblls¢ holhlay accommod8ti0n. Presentstion The accounts have b&8n pr8pared In OTd8r to Comply￿th the Staternent of Roe4)mmended Pr8ctk8- Accounting by Charities 2015. *atus The coryany regi$tered undgr the Comp8nles Act BS a company limited byguardntee and not ￿8￿ng 8 Share trdpltal (number 4055205 reglstered In England). ThB cornpyny Is reglstered as a charity In Eng18nd (number 10830391 and ITh Scolland Inumbar SC0396591. The cotnpany 1$ governed by It5 Momorandvm and Artlclg$ of Assodalion. Th8 accDun15 (x)mply %￿th current stalulory requlrements and wlh the cornpanvs governing documenL Re8eNe Pollcy The Trust currently bolds reserve8 of £1,378,496 ofwhlch E1.074,498 Is the value of 11$ fix8d assets. namely th8 thre8 ex15tin9 specialisl holiday properues. cannot be rtallsed underthe ternis of the Trusts Memorandum & A￿186 of AssocSaUon. It 18 Tru8t88 po11oy to ha￿ suffidgnt free ￿SeNe5 10 cover unlnsured repairs at the Ihree propertres aswell as slx months runnlng costs of the tharity a8 8 vthole. Id8ntific•tlon ol, and Actlon to Mltlgats, Major Risks The DiTecfors and Trustees have adoptsd a Fln8nual Control PoI￿Y wthlch Is regularty reviewed. Expend[lu￿ r?qulr88 aulhorfsallon by the board olTrusleÈs ￿fOre payment can be made. Monthly rnanegement ac¢ouni$ 8re prep8red distributed lo the board of Trusl885, along wSlh a Commentary on the tharS1l5 curr8llt finano¥al p051Uon, expectallons of future income and exp8ndilure. and anyvariatlon from we￿ou8 0xp8Ct8Uons. The Trustees r8gularty revl6w lh8 pollaes an15 day-ttr(lay 0￿ra¢10n5 ol tho Trustwlth a ¥￿t0 Iden￿r￿n9 any issues wllhln Ihe syst8m8 and any areas of risk to which the charity might btr exp0$8d. It18 the policy of the Trusteos to lake all reasonable $tep8 to ensure that any such rfsks are clearfy quantifl8d and that action to remetly them Ss undertakgn Immediate￿. Simllarly any d8ficiencie5 In the systems of the charfty 8re k1entlfied, action is tsken to rèmedy these 8$ qulckly as PDS51ble. Publle 8enofit Tht Lln BeTrlc* Tffust provkjes S&Tvlce3 tg Pgop18 who arè disadvantagad 88 a rgsutt Of thelr disabuities. In so dolng we support both th? individual ￿th disablities and their carers. OUT 8pedall$t hollday homes allow rn8ny people to take a break who mlght never otheNlse be able to do so. We charge a f88 lor our servKes, but people on low Inwmes are 8ble to aecess our services byobtaining funolng from a range of sources e.g. Local aulhorlt165. health b¢yJles, Independent Ghariues and benevolent fund5. Page 3 ## **THE LIN BERWICK TRUST** ## **VEAR ENDED 31 DECEMBER 2021 DIRECTRS AND TRUSTEES' REPORT CONTINUED** ## **Financial Review** **The income for the Trust for the year was £283,835 against a total for 2020 of £88,204. The principal source of income during the year were property rentals of £52,008 (2020: £22,418 net of substantial refunds because of the need to close the holiday homes as a result of the Cov!d-19 pandemic..) and vnluntary income of £184,387 which includes a generous legacy of £161,308 (2020-.£43.271). This year £47,432 of grants were received including Covid -19 support which was an increase compared with £21,334 in grants received last year.** **Reserves now stand at £1,378,396 of which £1,074,498 is the value ofit's fixed assets, namely the three existing specialist holiday homes, which cannot be realised in terms of Trust's Memorandum & Articles of Association.** ## **Achievements and Performance** **The Trust has achieved a larger cash flow surplus compared with 2020 after deduction of buildings depreciation of £24,660. However, despite this the outlook for the charity in its current form is bleak mainly because of the constant threat of VAT. With only three properties rental income hovers around the VAT threshold but it doesn't offer the opportunity to exce d it sufficiently to make VAT registration viable. The current business model does not support the building and management of a fourth holiday home.** ## **i=uture Developments** **It has been increasingly apparent that the existing business model is becoming increasingly unviable. With three properties rental income hovers around the VAT threshold butit doesn't offer the opportunity to exceed it sufficiently to make wgistration for VAT viable. The current business model does not sup ort the building and management of a fourth holiday home. However, costs continue to revise and if \l.'e continued to run the charity in it's current form we wuuld become Increasingly reliant on income from Grant� making Trusts and iegacies. Furthermore the geographical spread of the existing thre holiday houses around the UK makes their management Increasingly challenging logistically.** **In light of these considerations the Trustees have decided to change the business model in 2022 and donate the three holiday homes to local like-minded charities in accordance with our Memorandum & Articles of Association.** ## **Appoinbnent of trustees** **The policy of the Trust in the appointment of new Trustees is by advertisement or by personal recommendation of current Trustees. All new Truste s must provide an up-to-date CV together vJith evidence of financial knowledge, knowledge either direct or indirect of disability, evidence of middle to senior manageme t elql<'..rience in eitMt dustry or the civil service and, if possible, some knowledge of the Tourist industry (self.catering holidays). All new Trustees are interviewed by two existing Trustees and, if successful, are given a temporaty position for six months to see if they like the Trust and the Trust likes them.** **----- Start of picture text -----**
M Toosey (Company Secretary)
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Page4
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EM8ER 2OX EDIR IN I rep¢rt on lh• ac¢ounts oltho cts)wMy lor kn• >••r•nded 31 Dec￿2021 ••l(Krt rm pwJe$7 10 14. Th1$ report Is made sokly to lh6 thartabla c¢)mwli TnJstee8 8TrJ dtreclrys. •• • body. In •ttrKdance Iha t•ftn4 ol tyjr engayernent. Our has b••n urthrtaknn so tha¢w* m*ht ¢CmFlo th• Kcounti Ihat we b•*n eThJaged to Corn￿18, raport to th? Tru8t•es and dlrnctors that ￿ have dcffj• so. and ilale lh￿ maltets that *? hew agreed to stste to them In Ihl$ report •TrJ f(w rx) Olher purpos6. To tho èxtonl p•rrrdtted by *Yt do [￿t •tr4pt or assume res￿5￿)NNY10 other Ih8n the thwrtable ton¥)any and tho chartIab￿ companV8 and ¢lrnclN8 88 a tw. fw our Ihls reFuL orfor Iho Independ•nt slaternent givert. The Tru$t•e• I￿0 ar• aho lh¢ dtrec*tys ol th• Lkn B•A*k TrL•t trth& PLWW￿l olc¥fflwy lawl are Iscottandl Act 2005 and the CharRle8 IScxJllaTrJl Reg￿&th)n5 2￿6 WWJ Ih 2011. Tr• TnMt• con•lder that an audlt15 not required lorthll ￿•r ur•J•f I•¢UL￿ 14412101 th? Chqthtol 20111th0 2011 kll tr und•r R•gul•Uon 1011118110 1¢) of Thg Charltlg1 Accounts Iscooandl Re￿hn 21¥]6 (the 20C48 Re9￿atiOn} a th•1 An Independent exankn8ti¢)n Is n••d•d. Th• charlty li r¥q￿re￿ ty c4np8ny law * pryr• acryu¢d 3ccr￿ts ¥nd I Im ludir￿d to undertake thè examlnglknn ty W a quauned m•mtéT OIACCA •rwJ ICAEW. Hwhng l•tI￿ mY￿that lh• Tangible fxed assets
**CURRENT ASSETS**
Debtors
Cash at bank and in hand
**CREDITORS**
Amounts falling due within 1 year
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**NET CURRENT ASSETS**
**FUNDS**
Restricted
Revaluation Reseres
Unrestricted|**NOTE**
**8**
**9**
10
**13**
**14**|**BALANCE SHEET**
**£**


415
278,954
279,369
____4�,8_8_7


**2021**
£
1,103,914
274,482
1,378,396
1,378,396
7,622
537,804
832,970
1,378,396
£
356
96,564
96,920
24,687
**£**
1,012,292
72,233
1,084,525
1,084,525
7,622
420,139
656,764
1,084,525|**BALANCE SHEET**
**£**


415
278,954
279,369
____4�,8_8_7


**2021**
£
1,103,914
274,482
1,378,396
1,378,396
7,622
537,804
832,970
1,378,396
£
356
96,564
96,920
24,687
**£**
1,012,292
72,233
1,084,525
1,084,525
7,622
420,139
656,764
1,084,525| |---|---|---|---| |||279,369
____4�,8_8_7

|| ||||1,084,525| ||||1,084,525
7,622
420,139
656,764
1,084,525| For the year ended 31 December 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 4 76 of the Companies Act 2006. The director's acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and for the preparation of accounts. .. ✓ These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime . > **:\pproved by the Trustees on** . **..** . IJ **.** r!J EJ 1, .... 2 02.2 . ------- --.. **----- Start of picture text -----**
J Wilkins J HD Toosey
Director Director
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**Page 8** THE LIN BERWICKTRUST YEAR ENDED 3 DECEMBER NOTES TO THE ACCOUNrts 1. ACCOUNTING POLICiES 1.10¥neral Information and b4818 ol prep•rnllon Tha charrty Is 8 company limited by Quarant88. Thè memb8fB of the company are the Truslees named on pag8 1. In lh6 trweni of the charlly beirvJ wound up, Ihe118bllity In r8tsp8d of the guarant88 Ilrnlted 10 £1 per member ofth• char1ty. The account8 have b8en pr&pared In accordance ￿th Accountlng and Reportlng by Charltl68.' Statgment of Reeomrnend8d PraC￿Ce appllcable to ch8rllles preparlng Ihe1r acceunls In gccordance wlth the Flnancl81 Reporting Standan1 appllcable In the UK and Republlc of Ireland IFRS 1021 leffectiv& 1 January 20151. {Ch8rh￿S SORP IFRS 1021, Ihg Flnandal Reporung StandBrd appllcable In lh8 UK and Rapubllc ol Ireland (FR8 10218nd tho Companle$ Acl 2006. Thè Un 8enMck Trust m8el8 dellnltlon ol a publlc bonent endly under FRS 102. Assets 8nd11abllil•s Bra Inttlally re￿gnISed at hlstorlcal ¢osl or translllon value Unle￿ othe￿￿& 8tsted the relevant accounllng poll¢y notelsl. Thè eharfty has appllBd Upd8ts 8ulletln 18$ publlshfrd cn 2 February 2018 and doai not Indude 8 cash flow 8tsternent on th• ground8 th8t It18 applwng FRS 102 So¢llon 1A. 1.2 Fundi General fund8 8rg unre8lrleitd lund6 ￿1¢h are qvollobk for uso al th8 dlscrtllon Cif tho Trustees In lurth8rance of the general obfvcuves of Ihe charlty and vA)Ich have not been de$lgn8led lor other purp06es. R&$lricted fund8 aru fund? whl¢h are to be used In 8eeordan¢e ￿th Bpodfk rg$lrfcllons Imposed by donors or w*l¢h have been ralsed by th8 charlly lor partlcular purposes. Tha cost ol r#lÉ1no and admlnl$lerlng such funds arg eharged agoln$l the spedfic fund, The ilm and u¥é of each reslrfcted fund18 sol out th the notes lo tho llnanckl 8t8lernonis. 1.3 In¢om• rocognltlon Voluntary Income and donatk>n# 8re accounièd for as recelved by the ch8rfty. Coltage r¢nt$ are Bceounled for on an oeeruNI8 b￿1$. The Incomo from fundral&lng vanlures b shown gross, wilh the as8odated co818 Induded In fundrahlng CDStS. No p•rmonen¢ gndowrn8nls have b••n recelvèd In the year. Inv05tmen¢ Income snd Qolns are 8llo¢pièd to the approprtate fund. 1.4 Exp•ndliur• ￿l￿gnItIon Admlnl8lr811on expendlture Indud88 811 expendliure not dlroclly ￿k91$d lo the ¢h8rltable thrllvlly. Thls Includes Staff ￿lar1e8 for adminlslr811on Btaff end th? 8udltort8 fee. Fundralslng expendlture Comp￿se8 costs In￿rTed In InduclDg pgoplo and org8nl8allons to contrfbute flnanclalty to the charltl8 work. Pagp g THE UN BERWICK TRUST YEAR ENDED 31 DECEMBER 202 DTES TO YHE AGCOLSNTS CONllNUED 1A Tanglble Fixed Assets and Dtpre¢latton Tanglble Fixed A88ets are stated al cost less depreclatlon. Depredation is provided at rate8 cakulated io vAite off thg cost of valuatlon of fixed 8ssets, less th8lr e8￿Mated resldual value, over Ihelr èxpecled useful lives on thè folloving base8.' Freehold bullding5 Computgr equiprnent Fixtures and ffitllngs Webslte 2% on R8valualt)n 33% ors c05t 20% on cost over 10 y88TS In the yaar to 31 Dec8rnb8r 2021 th8 propertie$ w8re walu8d as agreBd unanlmouslyby th8 Twstee8. The professlonal valuations carried out In 2021 were undertaken by R￿hard Elvidge Bsc MRICS of James AdNdge CharterBd Survayors, Simon Breeze MAIHon51 MSC, MRICS ofAllled Surveyors Scotland PLC and by John Ci*llin50n BS¢ MRICS of Surveylng Devon & Comwal1. FL¥ed assets donated to the thartty aw In￿uded as donauon Income at market value 81 the tlme of recelpt. 1.6 Dfrbtors and Cr¢dltovs rec8lvabl• I payabl8 withln one year D8btors and ¢redltors Yrith no stated Int8r88t rate and r8c8fvable or payable ￿thIn Dne year are recorded at tr8n88ction prfc•. Any bss8s frorn ImpaSm￿n( are rÈcogni8ed In &ypenditure. 1.7 Provi$lons P￿lAs1O￿$ are recognlsed when the ch8rty has an obliootion 81 the balan¢8 sheet date as a re5uII of past even( st is probable that an ¢Jutllowof eiy)nomi¢ ben8filswill b8 wuired in sewernent 8nd the amt¥Jntcan b8 r811abty estimated. 1.8 Valu• add￿ tax Value added lax18 recoverable bythe charity and a5 such Is exduded from th8 rebvanl Income and costs in the Statement of finanU￿ advftles. 1JTax The ch8rity 15 an exempt charty wthln the m8ankng of sthedule 3 r)1 the ChariiSe8 Act 2011 and is consldered to pass the tests set out in ParagraFth 1 Schadule 6 Flnanc8 Act 2010 and therelor811 meats the definition of a charitable company for UK corporatlon lax purposes. 1.10 Golng ron¢ern The finandal slatem8nls hav0 been prepared on a golng cuncem basls as lh8 Trustees bell8ve that no mateii81 uncert4inties exlsL The Trusteés h8ve consIdo￿d the1ov&I Df lunds held and the eX￿¢t level of Income and expen¢Jllure for 12 months from aUth￿s¢ng these fin8nd81 ststem8nts. The budgeted income and expenditure Is 8UfficIent￿7th tho level of r6seNes for the charfty to be ablo to continue 8$ a golng ¢onc8rn. Page10 THE UN BERIWCK TRUST YEAR ENDED 31 DEC￿BER 2021 NOTES TO YHEACCOUNTS COIfflNUED 1.11 Judqom•nt$ and key 50u¥ces of esllnWon un¢•)tslnty The preparthn of tho finandal ststements requlres managementto makeludgements. es15mat85 a￿￿ assumpfjons that affect the amounts retx)rtsd. These estimate5 and judgements are ￿￿tinualty rev aryj are based exFerten￿ and olh8rfaclu5. Indu￿ eywlauons ofluttxg ovents Ihat are belevod lo be ￿aSOnab￿ undeT the c¥rvJmstsnts8. 2. DONATIONS AND LEGACIES Total 2021 Total 2020 Unrestrfcied Restrlcted Bequests 176.808 176,808 14.077 Donat￿n$ from kndmduds and ￿ganIsationS 2579 9.144 Grants rece￿able 20,050 184.387 184.387 3. INCOAIE FROM CHARrrABLE AmltnES Total 2021 Total 2020 OtherfUndra￿1n9 Inthatives 1,140 1.140 OTHER EXPENSES Total 2021 Total 2020 Legal and professIon￿ fees 13 13 13 TNst88é exper$8es 778 778 791 791 1.061 Pago 11 THE LIN BERWICK TRUBT YEAR ENDED 31 DECEMBER 2Q21 NOTES TO THE ACCOUNTS CONTINUED 5. EXPENDITURE ON CHARITABLE ACTIVITIES Total 2021 Total 2020 Unr88trlct8d R•strf¢tgd Staff ￿8*8 41.494 41,494 39,430 Repalrs, ¢leanlng and he8t & Ilgnt 25.1)07 2S.007 25,858 Prfnting. statknnery & tslephone 96 Advertslng 381 381 2,028 Insur8nce 2.431 2,431 2,138 D8precJalon 26.043 26,043 26,5gS Otherdlrect charftable expeTrdlture 8,637 8.637 8,982 Independent ExamlneT8 fees 1.725 1.725 1,320 Bank and merthant charges 1.120 1,120 1202 106,838 106,838 107.649 0. SURPLUS FOR THE YEAR The 8urphJs of Incornè ov•r expendlture Is Ststad after th8rginy'. 2021 2020 DBprecLq1￿- owned assets 28.043 26.595 Independent Examinet8 Fe8 1.725 1.320 7. STAFF COSTS No remuneralon or8xpenses relmbursed were pald lo Tru$t888 In the ￿T. The cost of the rernainlng staff w￿. Wages and 8aiarfes 39,288 38,517 Penslon 2.206 913 Socl818gvJrfly costs 41.494 39.430 The 8¥6rage number of8rnpioye88 for th8 ye8r w 4. No emoluments ofover£60.000 were pahl to any empk)yee. Pogo 12 THE LIN BERWICK TRUST YEAR ENDED J1 DECEMBER 2021 TO THE ACCOUNTS CONTINUED 8. TANGIBLE FIXED A8SET8 Computer E ul ment Freehold Land Flxtures & Flttln COST 8ulldln Webalt• Totals At 1 January 2021 1,232 1.115,335 24.645 115,654 4,375 1.261,241 AddlUonslr8V81uaUon8 117,£65 117,665 DI8PDB8Is At 31 December 2021 1.232 1.233,000 24,645 115.054 4,375 1.378,906 DEPRECIATION At 1 January 2021 1230 133,842 112,563 1,314 248,949 Charge fcrye8r 24,680 438 28,043 eiimlnalBd on dl8p080181 revalua￿trI Al 31 December 2tr21 1.230 158,502 113,508 1,752 274,992 NET BOOK VALUE At 31 D•eember 2021 1.D74 498 1103914 Ai 3108c•mbor 2020 981493 24.64$ 1012 292 9. DEBTOR8. arnount# lilllno du• wt¢hln on• year 2021 2020 Prepa￿*ntS and accrued Income 416 356 10. CREDITORS. amounts Iolllng dvo wlthln on• y•ar Taxalon and Soc181 securty 676 637 Accru81$ and da18Tf8d Incomo 4,211 24.050 24,687 Pag•13 THE LIN BERWI¢K TRUSY YEAR ENDED 31 DECEMBER 2021 NOTES TO THÉ ACCOUNfs CONTINUED 11. CAprrAL Th8 Lln B8thir& Twst18 8 ￿Mp8nY Ilmlted by guarantee, not havlnu Any share c8pFtal. 12. CONTROLLING PARTY There Is no controllthg party. due to the fact Iher8 ￿ no $hafy capmal and no slngb TNstseldlreclDr has overall aUth￿lty. 13. ANALYSIS OF NET￿￿8 BEMEEN FUNDS otal 2021 R•s•Nes Reserv05 Reservès 2020 Fund balances at 31 December a represented by: Tangiblg fL¥8d assets Currenl assets Indudlng cash al banks Current Ilabllllios 537.804 S66,110 1,1D3.914 271,747 279.369 14,8871 14,8871 1.012.292 96,920 124,687 7.622 537,804 83 970 1 378.396 Pag• 14 THE LIN BERWICK TRUST YEAR ENDED 31 DECEMBER 2021 NOTES TO THE ACCOVN CONMNUED 14. ANALYSIS OF RESERVES Translers between Balan¢e at Ex ndltur¢ Re8&ry98 3111212021 Balance at 0110112021 Incomlng Resources I d ReseTveB Bomck Cottaoe 1,760 1.780 Dènls Dunrén House S.862 5,862 Ralph Boyce House 7,622 7,622 uatlon Rèsem BeMld( Cottage 174,554 69645 244.1g9 Den18 Duncan House 112,024 Booo 120,024 Ralph BOY￿ Hous8 133.561 40020 173,581 420.139 117665 537,804 Unrostrtcted Reserves Revenue account 656,764 283,835 107.K29 832.970 Frgo R888rves 856.764 283.83S 107.629 832.970 Totsl Re$em$ 1084.525 1,378 396 The reslrfcted reserves for an propertlgs 8re for lh8 ongolThJ rrialntenance and upkeep of each property. In re5peGt of all income and expBnditure on those for non-caplt81 Item5 the net balance Is dg&med to becclne unrestrfct8d by the Trustees and transferable to the uÈneral reserve. Any iterns ol a capltal nature are hdd to be re$trl¢ted and are treat8d a5 such each year. 15.GOING CONCERN Tho Twstees conshjer Ihe ¢harity to bg a going ¢owm de8pIt8 Ihe contlnuing ThpaGt of Cov1&19 8811 ha8 8uffiraent cash reserves to service the fixed costs ftsr a 12 month period. The TTusiees have taken the opporiunltydurtng th& pandemlc to reassess the buslness model of the charity and have d8t8rmined a drfferent approo¢* as b?Ing ￿qUIred to better support Its contlnuance as an organL*atTon. 16. SUBSEQUENT EVENTS In orderto support the r8vl8lon io the buslness model the Trusteos commenced 81gp8 to Iransfer the properues lo other chartt￿ undert8klng slrnllar actlviU88. Page IS THE UN BERWI¢KTRUST YEAR ENDED 1 DECEMBER 20 DETAiLED INCOME AND EXPENDIWRE ACCOUNT Total 2021 Total 2020 Unre8trictsd Restrlcled INCOME.. Bequests Donètions Events & Inllattves Grants- Gener Inte￿$1 Re¢efv8d GIftMd 176.808 1.755 176,808 1,755 14.077 8.833 1,140 20,050 41 511 5,000 824 824 184A95 t84,395 44.4S2 B￿l¢k Cotta Cottage Rental RestrEet8d funds 13.403 13.403 2,783 13A03 13AtI3 1783 D?nl$ Du can House Goltage R8ntal Re5tristÈd funds 17.300 17.300 10,215 17,300 17,300 10,215 Cotiage Ren¢al Restri¢Xed Funds 21,305 21,305 9,420 21.30$ 21.305 9N20 Cowd.19 8UPPOrt grants TOTAL INCOME 47432 283.835 47,432 21334 88,204 ÉXPENDITURÈ: Exyndlture on ¢harftablo A¢tMtI8$ -Offico costs Adv8rfslng Aecountancy fee8 Ba￿k & Merchant charg88 ExpÈrLS8$- orrice Insuran Mlscellane￿s ￿$ts Payroll bureau c05t5 Prfnlng & stationery staff sa18ri88 Pension Legal f8 381 1,725 1,120 1,378 369 23 381 1,725 1.120 1.378 369 23 746 2,028 1,320 1202 1,611 369 971 96 29,517 913 31,488 2.206 31.488 2,206 39,936 39.936 38.031 P•ge 16 THE LIN BERWICK TRUST YEAR ENDED 31 DÉCEMgER 2021 DETAILEO INCOME AND EXPENDITURE ACCOUNT Total 2021 Totsl 2020 Unrestrict Rgstrlcted continued SubscrEptlons Rent Bnd rates Depredats"on Webste 39,936 39,936 38,031 642 2,549 438 1.512 438 1.812 438 41.886 41.886 41,660 - Bowwlck Cotta99 Cottage managers exp8n8e5 Fuel. light and deanlng Insurance ProfessK)na1 fees Rent and rates Repairs and malntsnance S8larfes SubsGrtpbons Dapreaallon Bulldlngs Deprecia￿n Fixture$ & Fittings 559 559 6,853 1,006 300 82 1,923 2,400 1.006 30D 82 1.923 2.400 689 1541 3,789 3.000 200 5,107 2,969 8,5 907 6.50Q 20,$30 20,530 21 - 0oDls Duncan Hous8 Cottage managers expen888 Fuel. Ilght and deanin9 In8urance Rent and ra￿5 R&pair5 and malntsn8nce Salari88 Profe55(onal f¢es Depreciation Buildln98 Depredation NxtUTOS & Fittlngs 282 8,945 533 282 6,945 533 110 7.234 SSS 1273 2,400 120 9,660 1.273 2.40D 120 9,660 1,288 3,000 9.500 312 21.282 21382 21,999 - Ralph Boy¢e Housg Cott&ge manag8r8 8xpen888 Insurance Fuel.1I9ht and deaning Repalrs and maintenance Rent and rates Salarfes Subscripkn'ons Professlonal fees Dep￿¢￿at￿n 8uffldiros Depwlallon Flxture$ & Flttings 243 523 7,289 724 2,433 3,000 243 523 7,289 724 2.433 3.000 $45 5,979 2.162 1,807 3,000 2CM) 390 8,500 38 390 8,500 38 7,700 23.140 Canled forward 106,838 1QO.838 107,649 Pago17 THE LIN BERW]CKTRUST YEAR ENDED 31 DECEMBÉR 20 DETAILED INCOME AND EXPENDITURE AC Totsl 2021 Total 2020 Note Unre8trlct8d RoStri¢t0d con￿n￿Od 106,838 106.838 107,649 othor •xpens8s General governancE eosts Trusl8e8' oxpens88. offlca 13 T78 791 13 778 791 13 1.048 1.001 TOTAL EXPENDITURE 107,629 1Q7.629 108.710 EXCESS EXPENDITURE OVER INCOME 176 20S 176,205 20,50 Page le