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2021-03-31-accounts

Page
Referenceandadministrativedetailsofthecompany,itsTrusteesandadvisers 1
Trustees'report 2-6
Independentexaminer'sreport 7
Statementoffinancialactivities 8
Balancesheet 9
Notestothefinancialstatements 10-20
Trustees MrJFNelsonCBEDL(Chairman)
MrNPBackhouse(appointed23October2020)
MrRWEvans(resigned23October2020)
MrPWGreen
ProfessorSirMalcolm Green
MrPDHenshaw
MrTEJames
MrsAJJupp
MrsFJMacFarlane
MrCDNewell
MrSGPophamQC(Hon)
MrSMJASmyth
Companyregistered
number 04553653
Charityregistered
number 1096308
Registeredoffice 7EastPallant
Chichester
WestSussex
PO191TR
Companysecretaryand MsNSHorter
administrator
Independentexaminers KrestonReevesLLP
CharteredAccountants
9DonningtonPark
85BirdhamRoad
Chichester
WestSussex
PO207AJ
Bankers SantanderUKPlc
POBox126
Newport
Gwent
NP197UP

10 November 2021

Unrestricted Total Total
funds funds funds
2021 2021 2020
Note £ £ £
Incomefrom:
Donationsandlegacies 3 52,621 52,621 49,715
Investments 4 8,628 8,628 11,183
Totalincome 61,249 61,249 60,898
Expenditureon:
Raisingfunds - - 6,000
Charitableactivities 28,753 28,753 38,787
Totalexpenditure 28,753 28,753 44,787
Netmovementinfunds 32,496 32,496 76,117
Reconciliationoffunds:
Totalfundsbroughtforward 13 1,328,555 1,328,555 1,312,444
Netmovementinfunds 13 32,496 32,496 16,111
Totalfundscarriedforward 1,361,051 1,361,051 1,328,555

2021 2020
Note
Fixedassets
Heritageassets 848,662 848,662
848,662 848,662
Currentassets
Debtors 10 23,448 3,988
Investments 11 306,650 105,771
Cashatbankandinhand 184,559 372,469
514,657 482,228
Creditors:amountsfallingduewithinone
year 12 (2,268) (2,335)
Netcurrentassets CAA 9(]A 479,893
Totalnetassets 1,361,051 1,328,555
Charityfunds
Restrictedfunds 13
Unrestrictedfunds 13 wter_• nee
Totalfunds

Unrestricted Total
funds funds
2021 2021
£ £
Donations 23,621 23,621
Legacies 21,000 21,000
Grants 8,000 8,000
52,621 52,621
Unrestricted Total
funds funds
2020 2020
£ £
Donations 41,215 41,215
Legacies 500 500
Grants 8,000 8,000
49,715 49,715

Unrestricted Total
funds funds
2021 2021
£ £
Rentalincome 6,448 6,448
Investmentincome 879 879
Interestincome 1,301 1,301
8,628 8,628
Unrestricted Total
funds funds
2020 2020
£ £
Rentalincome 7,871 7,871
Investmentincome 1,340 1,340.
Interestincome 1,972 1,972
11,183 11,183
5. Analysisofexpenditurebyactivities
Support Total
costs funds
2021 2021
£ £
Charitableactivity 28,753 28,753
Support Total
costs funds
2020 2020
£ £
Charitableactivity 38,787 38,787

Total Total
funds funds
2021 2020
£ £
Staffcosts 24,320 25,474
Officecosts 642 926
Insurance 408 408
AdvertisingandPRcosts 971 2,630
Independentexaminersfee 2,238 2,190
Professionalfees - 7,008
Websitecosts 174 151
28,753 38,787

2021 2020
' £ £
FeespayabletotheCharity'sindependentexaminerfortheindependent
examinationoftheCharity'sannualaccounts 2,238 2,190
Staffcosts
2021 2020
£ £
Wagesandsalaries 21,859 22,914
Socialsecuritycosts 1,805 1,890
Contributiontodefinedcontributionpensionschemes 656 670
24,320 25,474

Heritage
assets Total
2021 2021
£ £
Carryingvalue 848,662 848,662
848,662 848,662
Heritageassetsrecognisedinthebalancesheet
Heritageassetsrecognisedinthebalancesheet
Cost
Property
SeaviewRoad,HaylingIsland(acquired-2008) 20,000
WatersideMeadow,Apuldram(acquired-2009) 100,000
MaybushCopse,Chidham(acquired-2009) 215,000
SandyPointLagoon,HaylingIsland(acquired-2012) 6,000
FieldatWitteringRoad,Itchenor(acquired-2018) 178,823
PrinstedLand,Prinsted(acquired-2019) 277,877
OysterQuay,PookLane,Warblington(acquired-2019) 50,962
Total 848,662

2021 2020
£ £
Duewithinoneyear
Legacydue 20,000 -
Taxrecoverable 3,448 3,988
23,448 3,988

2021 2020
£ £
Unlistedinvestments 306,650 105,771

2021 2020
£ £
2,268 2,335

Balanceat
Balanceat1 31March
Apri12020 Income Expenditure 2021
£ £ £ £
Unrestrictedfunds
Designatedfunds
Fixedassetfund 848,662 - - 848,662
Generaloperatingfund 20,000 - - 20,000
868,662 - - 868,662
Generalfunds
GeneralFunds-allfunds 459,893 61,249 (28,753) 492,389
TotalUnrestrictedfunds 1,328,555 61,249
(28,753)
1,361,051
Statementoffunds-prioryear
Balanceat
Balanceat 31March
1Apri12019 Income Expenditure 2020
£ £ £ £
Unrestrictedfunds
Designatedfunds
Fixedassetfund 848,662 - - 848,662
Generaloperatingfund 20,000 - - 20,000
868,662 - - 868,662
Generalfunds
Generalfunds-allfunds 443,782 60,898 (44,787) 459,893
TotalUnrestrictedfunds 1,312,444 60,898 (44,787) 1,328,555

Analysisofnetassetsbetweenfunds-currentye ar
Unrestricted Total
funds funds
2021 2021
£ £
Heritageassets 848,662 848,662
Currentassets 514,657 514,657
Creditorsduewithinoneyear (2,268) (2,268)
Total 1,361,051 1,361,051
Analysisofnetassetsbetweenfunds-prioryear
Unrestricted Total
funds funds
2020 2020
£ £
Heritageassets 848,662 848,662
Currentassets 482,228 482,228
Creditorsduewithinoneyear (2,335) (2,335)
Total 1,328,555 1,328,555