2022-03-31-accounts - Trewen Meadows

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				Page
Trustees' Report			I	to	2
Independent Examiner's		Report
Statement ofFinancial		Activities
Balance Sheet			5	to	6
Cash Flow Statement
Notes to the Cash Flow		Statement
Notes to the Financial	Statements		9	to	16
Detailed Statement of	Financial Activities			17

Registered ofIlce	Registered ofIlce
Holme Lacy Therapeutic		Centre
Holme Lacy Cottage
Holme Lacy
HEREFORD
Herefordshire
HR2 6LL
Trustees
D Harding
JKnight
SWells
T O'Leary
RCarr
Independent	Examiner
Adam Turrell
FCA ICAEW
Maxwells
Chartered Accountants
4King Square
Bridgwater
Somerset
TA63YF

for the Ye	ar Ended 31	March 2022
							31.3.22	31.3.2]
					Unrestricted	Restricted	Total	Total
					fund	funds	funds	funds
								as restated
				Notes
INCOME	AND ENDOWMENTS		FROM
Donations	and legacies				66,295	509,534	575,829	116,597
Charitable	activities
Rider/driver	income				15,836		15,836	3,179
Investment	income							18
Total					82,138	509,534	591,672	119,794
EXPENDITURE ON
Charitable	activities
Rider/driver	income				65,508	20,458	85,966	85,649
NET INCOME					16,630	489,076	505,706	34,145
Transfers	between funds			15	235	(235)
Net movement in funds					16,865	488,841	505,706	34,145
RECONCILIATION		OF FUNDS
Total funds brought		forward			114,571	6,965	121,536	87,391
TOTAL FUNDS CARRIED FORWARD					131,436	495,806	627,242	121,536

Balance Sheet 31 March 2022
				31.3.22	31.3.2]
		Unrestricted	Restricted	Total	Total
		fund	funds	funds	funds
					as restated
	Notes
FIXEDASSETS
Tangible assets	12	30,353	494,806	525,159	32,690
CURRENT ASSETS
Debtors	13	460		460	232
Cash at bank and in hand		103,544	1,000	104,544	91,700
		104,004	1,000	105,004	91,932
CREDITORS
Amounts falling due within one year	14	(2,921)		(2,921)	(3,086)
NET CURRENT ASSETS		101,083	1,000	102,083	88,846
TOTAL ASSETS LESSCURRENT
LIABILITIES		131,436	495,806	627,242	121,536
NET ASSETS		131,436	495,806	627,242	121,536
FUNDS	15
Unrestricted funds				131,436	114,571
Restricted funds				495,806	6,965
TOTAL FUNDS				627,242	121,536

for the Year Ended 3	1 Marc	h 2022
				31.3.22	31.3.21
					as restated
			Notes
Cash flows from operating		activities
Cash generated from	operations			509,292	34,967
Interest paid				(147)	(251)
Net cash provided by	operating activities			509,145	34,716
Cash flows from investing		activities
Purchase oftangible	fixed assets			(499,708)	(1,228)
Sale oftangible fixed	assets			3,400	1,500
Interest received				7	18
Net cash (used in)/provided		by investing	activities	(496,301)	290
Change in cash and	cash equivalents		in
the reporting period				12,844	35,006
Cash and cash equivalents		at the
beginning ofthe reporting		period		91,700	56,694
Cash and cash equivalents		at the end	of
the reporting period				104,544	91,700

RECONCILIATION	RECONCILIATION	RECONCILIATION	OF NET INCOME TO NET CASH FLOW FROM	OF NET INCOME TO NET CASH FLOW FROM	OPERATING ACTIVITIES	OPERATING ACTIVITIES
					31.3.22	31.3.21
						as restated
Net income	for the	reporting		period (as per the Statement ofFinancial
Activities)					505,706	34,145
Adjustments	for:
Depreciation	charges				5,072	6,277
(Profit)/loss	on disposal offixed assets				(1,232)	668
Interest received					(7)	(18)
Interest paid					147	251
(Increase)/decrease		in debtors			(228)	1,883
Decrease in	creditors				(166)	(8,239)
Net cash provided		by	operations		509,292	34,967
ANALYSIS	OF CHANGES			IN NET FUNDS
				At 1.4.21	Cash flow	At 31.3.22
Net cash
Cash at bank	and in	hand		91,700	12,844	104,544
				91,700	12,844	104,544
Total				91,700	12,844	104,544

					31.3.22	31.3.21
						as restated
	Donations				24,804	26,074
	Grants				551,025	90,523
					575,829	116,597
	Grants received,	included		in the above, are as follows:
					31.3.22	31.3.2]
						as restated
	Children in Need				14,728	7,364
	Local Government	support			10,667	20,232
	COVID support					27,304
	CJRS				10,015	34,623
	Ground works					1,000
	Virgin Media 02	Together		Fund	1,000
	Co-Op Local Community			Fund	1,759
	Eveson Trust Subsidised		riding		15,050
	EF Bulmer				3,000
	New Centre Project				494,806
					551,025	90,523
3.	INVESTMENT	INCOME
					31.3.22	31.3.21
						as restated
	Deposit account interest					18

4.	INCOME	FROM CHA	RITABLE ACTI	VITIES
						31.3.22	31.3.21
							as restated
			Activity
	Rider/driver	income	Rider/driver	income		15,836	3,179
5.	CHARITABLE ACTIVITIES COSTS
						Support
					Direct	costs (see
					Costs	note 6)	Totals
	Rider/driver	income			83,566	2,400	85,966
6.	SUPPORT	COSTS
							Governance
							costs
	Rider/driver	income					2,400
7.	NET INCOME/(EXPENDITURE)
	Net income/(expenditure)		is stated after charging/(crediting):
						31.3.22	31.3.21
							as restated
	Depreciation	- owned assets				5,071	6,277
	Surplus/(deficit) on disposal offixed assets					(1,232)	668

		31.3.22	31.3.21
			as restated
Wages	and salaries	51,945	56,156
Social	security costs	26	312
Other	pension costs	1,071	1,153
		53,042	57,621

	The average monthly n	umber ofem	ployees during the year was as	follows:
					31.3.22	31.3.21
						as restated
	Office and management					3
	No employees received	emoluments	in excess off60,000.
10.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL			ACTIVITIES
				Unrestricted	Restricted	Total
				fund	funds	funds
						as restated
	INCOME AND ENDOWMENTS		FROM
	Donations and legacies			108,233	8,364	116,597
	Charitable activities
	Rider/driver income			3,179		3,179
	Investment income			18		18
	Total			111,430	8,364	119,794
	EXPENDITURE ON
	Charitable activities
	Rider/driver income			84,250	1,399	85,649
	NET INCOME			27,180	6,965	34,145
	Transfers between funds			22,872	(22,872)
	Net movement in funds			50,052	(15,907)	34,145
	RECONCILIATION	OF FUNDS
	Total funds brought forward
	As previously reported			68,528	22,872	91,400
	Prior year adjustment			(4,009)		(4,009)
	As restated			64,5]9	22,872	87,391
	TOTAL FUNDS CARRIED FORWARD			114,571	6,965	121,536

TANGIBLE FIXEDASSETS
	Freehold	Plant and
	property	machinery	Horses	Totals
COST
At I April 2021		113,037	7,584	120,621
Additions	494,806	252	4,650	499,708
Disposals			(2,168)	(2,168)
At 31 March 2022	494,806	113,289	10,066	618,161
DEPRECIATION
At I April 2021		87,931		87,931
Charge for year		5,071		5,071
At 31 March 2022		93,002		93,002
NET BOOK VALUE
At 31 March 2022	494,806	20,287	10,066	525,159
At 31 March 2021		25,106	7,584	32,690
DEBTORS:AMOUNTS FALLING DUE WITHIN ONE		YEAR
			31.3.22	31.3.21
				as restated
Trade debtors			460	232

CREDITORS: AMO	UNTS FA	LLING DUE WITHIN ONE	YEAR
				31.3.22	31.3.21
					as restated
Trade creditors				568	1,055
Social security and other taxes				(505)	(505)
Other creditors				453	431
Accruals and deferred	income			2,405	2,105
				2,921	3,086
MOVEMENT IN FUNDS
			Net	Transfers
			movement	between	At
		At 1.4.21	in funds	funds	31.3.22
Unrestricted funds
General fund		114,571	16,630	235	131,436
Restricted funds
Children in Need		5,965	(5,730)	(235)
Groundworks		1,000			1,000
New Centre Project			494,806		494,806
		6,965	489,076	(235)	495,806
TOTAL FUNDS		121,536	505,706		627,242
Net movement in funds,	included	in the above are as follows:
			Incoming	Resources	Movement
			resources	expended	in funds
Unrestricted funds
General fund			82,138	(65,508)	16,630
Restricted funds
Children in Need			14,728	(20,458)	(5,730)
New Centre Project			494,806		494,806
			509,534	(20,458)	489,076
TOTAL FUNDS			591,672	(85,966)	505,706

				Prior	Net	Transfers
				year	movement	between	At
			At 1.4.20	adjustment	in funds	funds	31.3.21
Unrestricted		funds
General fund			68,528	(4,009)	27,180	22,872	114,571
Restricted	funds
Children in	Need				5,965		5,965
Portacabin			22,872			(22,872)
Ground works					1,000		1,000
			22,872		6,965	(22,872)	6,965
TOTAL FUNDS			91,400	(4,009)	34,145		121,536

			Incoming	Resources	Movement
			resources	expended	in funds
Unrestricted		funds
General	fund		111,430	(84,250)	27,180
Restricted funds
Children	in Need		7,364	(1,399)	5,965
Groundworks			1,000		1,000
			8,364	(1,399)	6,965
TOTAL	FUNDS		119,794	(85,649)	34,145

				Prior	Net	Transfers
				year	movement	between	At
			At 1.4.20	adjustment	in funds	funds	31.3.22
Unrestricted		funds
General fund			68,528	(4,009)	43,810	23,107	131,436
Restricted	funds
Children in	Need				235	(235)
Portacabin			22,872			(22,872)
Ground works					1,000		1,000
New Centre	Project				494,806		494,806
			22,872		496,041	(23,107)	495,806
TOTAL FUNDS			91,400	(4,009)	539,85]		627,242

		Incoming	Resources	Movement
		resources	expended	in funds
Unrestricted	funds
General fund		193,568	(149,758)	43,810
Restricted funds
Children in Need		22,092	(21,857)	235
Groundworks		1,000		1,000
New Centre	Project	494,806		494,806
		517,898	(21,857)	496,041
TOTAL FUNDS		711,466	(171,615)	539,851

Detailed Statement ofFinancial Activities	Detailed Statement ofFinancial Activities	Detailed Statement ofFinancial Activities
for the Year Ended 31 March 2022
			31.3.22	31.3.21
				as restated
INCOME AND ENDOWMENTS
Donations and legacies
Donations			24,804	26,074
Grants			551,025	90,523
			575,829	116,597
Investment income
Deposit account interest				18
Charitable activities
Rider/driver income			15,836	3, 179
Total incoming resources			591,672	119,794
EXPENDITURE
Charitable activities
Wages			51,945	56,156
Social security			26	312
Pensions			1,071	1,153
Insurance			3,430	3,339
Telephone			811	387
Postage and stationery			192	9
Advertising			245	71
Sundries			1,090	378
Feed			1,933	2,994
Veterinary costs			3,525	1,330
Farriery costs			1,180	1,655
Sub-contractors			5,629	3,102
Motor and travelling	costs		203	270
Repairs and renewals			3,972	3,853
Cleaning and waste			787	24
Book-keeping			3,540	1,320
Depreciation oftangible		fixed assets	5,072	6,277
Loss on sale oftangible		fixed assets	(1,232)	668
Bank charges			147	251
			83,566	83,549
Support costs
Governance costs
Accountancy and legal		fees	2,400	2,100
Total resources expended			85,966	85,649
Net income			505,706	34,145