OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2020-12-31-accounts

Planning
We objected to 46 planning LPA Total Number
applications
out ofa total of6567		 applications objected objected
valid applications
received
by the
Cumbrian
Planning
Authorities.		 LDNPA 1119
submitted		 34
to, 2020		 to in 2020
3%
This works out at 0.7%(see
table). We also made several		 Allerdale
Cumbria
CC		 840
37		 2.7%
responses that were not Eden 1001
objections, but comments or Barrow 412
suggestions. Carlisle 1080 0.4%
As you might expect, those we SLDC
YDNP		 920
638		 0.5%
responded
to were predominantly
within the Lake District National		 Copeland 520 0 2%
Park.

Ann Dix Jimmy Seddon Michael Kenyon
Dick Broad John Grimes Peter John Colley
Glen Cavaliero Joyce Vines Reg Pillinger
Hilda Eastwood Kathleen Johnston Rod Simonds
Jennifer Campbell Mary Shaw Sheila Kozlowski

General General General Total Total
Funds Funds Funds Endowment Funds Funds
Unrestricted Designated Restricted Funds 2020 2019
Note E E E E E f
Income and Endowments From:
Donations 116,788 64,118 180,906 279,433
Legacies 429,328 429,328 182,605
Membership
Subscriptions		 124,826 124,826 113,993
Charitable
Activities
Grants 1 75,605 136,499 212,104 146,034
Properties 1,448 1,448 1,35&
Event &Other income 150 1,248 1,398 2,110
Other Trading Activities
Sale ofMerchandise 35,227 9,495 44,722 30,847
Investments 2 30,218 577 30,795 35,277
Other
Land Sales 18,094
Land Donated 100,000
Total Income 813,590 211,937 1,025,527 909,751
Expenditure
On:
Raising Funds
Costs ofGenerating Voluntary Income 111,715 111,715 166,392
Cost ofSale ofMerchandise 52,160 52,160 31,54&
Investment
Management		 Costs 10,552 3,408 13,960 14,802
Charitable
Activities
Protect Your Lake District 221,263 51,342 272,605 336,801
Train &Inspire 247,074 140,092 387,166 353,467
Grants - Amenity
and		 Conservation 7,227 10,000 17,227 13,437
Total Expenditure 4,5 649,991 201,434 3,408 854,833 916,447
Net Income/(Expenditure) before Gains/(Losses) on Investments 163,599 10,503 (3,408) 170,694 (6,696)
Other Recognised Gains/(Losses)
Unrealised
Gains/(Losses)		 on Investment Assets 120,166 6,532 126,698 252,4&5
Transfers
Net Movement
in Funds		 283,765 10,503 3,124 297,392 245,789
Reconciliation
of Funds
Fund Balances Brought Forward 8,813 3,622,407 71,363 513,688 4,216,271 3,970,4&2
Designated
Funds		 (292,421) 299,088 (6,667)
Fund Balances Carried Forward 157 3,921,495 75,199 516,812 4,513,663 4,216,271

Balance Sh eet as at 31December 20 20
Registration Number: 4878364
Note 2020 2019
6 6
Fixed Assets
Tangible Assets 6,7 1,499,495 1,432,407
Investments at Market Value 8 2,115,829 1,969,131
3,615,324 3,401,538
Current Assets
Stock 863 1,636
Debtors and Accrued Income 351,656 184,666
Cash at Bank and in Hand 607,642 687,804
960,161 874,106
Current
Liabilities
Creditors
falling due within one year		 10 61,822 59,373
Net Current Assets 898,339 814,733
Total Assets less Current Liabilities 4,513,663 4,216,271
Net Assets 4,513,663 4,216,271
Represented by Accumulated Funds 14
Unrestricted funds 157 8,813
Designated funds 3,921,495 3,622,407
Restricted funds 75,199 71,363
Permanent endowment funds 516,812 513,688
4,513,663 4,216,271

Registration Number: 4878364
Note 2020 2019
f f
Cash flows from operating
activities:
Net cash provided
by (used in) operating		 activities 21 (25,494) (62,266)
Cash flows from investing
activities:
Dividends,
interest and rents from investments		 30,795 35,277
Proceeds from the sale ofproperty,
plant		 and equipment 20,575
Purchase ofproperty,
plant and equipment		 (11,463) (8,361)
Proceeds from sale ofinvestments 250,000
Purchase ofinvestments (250,000)
Net cash provided
by (used in) investing		 activities 19,332 47,491
Cash flows from financing activities:
Repayments
ofborrowing
Cash inflows from new borrowing
Receipt ofendowment (20,000)
Net cash provided
by (used in) financing		 activities (20,000)
Change in cash and cash equivalents
in the reporting		 period (26,162) (14,775)
Cash and cash equivalents
at the beginning ofthe reporting		 period 687,804 702,579
Change
in cash and cash equivalents
due		 to exchange rate movements
Cash and cash equivalents
at the end of		 the reporting period 22 661,642 687,804

2. Investment
Income		 2020 2019
General investments
Brewin Dolphin General Fund 4,313 5,061
CCLA COIF Charity
Fund		 (Accumulation) 2,134 3,194
CCLA COIF Charity
Ethical		 Fund (Accumulation) 1,874 622
Canaccord G. W. Ltd (Hargreave Hale) Investment Fund 2,230 2,015
Interest on Short Term Deposits 1,364 3,087
11,915 13,979
Permanent
Endowment		 Funds
Klrby &Taylor Funds
UK Fixed Interest Bonds 6,503 8,683
Other 12.377 12,584
Interest on Short Term Deposits 31
18,880 21,298
30,795 35,277
3. Other Income 2020 2019
Income from Land Sale Halfway House, Skelwith Fold 18,094
Land Donated
Bull Coppice &Resp		 Haw, Cinder Hill, Rusland 100,000
118,094
4. Analysis ofTotal Resources Expended
Direct Staff Support Staff Direct Overheads Governance Totals Totals
costs costs expenses costs 2020 2019
E E E E E E
Basis ofAllocation Staff time Staff time Direct Staff time Stafftime
Voluntary
Income Generation		 46,346 20,559 24,367 9,738 10,705 111,715 166,392
Costs ofSale of Merchandise 18,610 9,794 14,017 4,639 5,100 52,160 31,548
Investment
Management		 Costs 13,960 13,960 14,802
Protect Your Lake District 149,440 46,249 30,927 21,907 24,082 272,605 336,801
Train &Inspire 182,286 83,590 38,170 39,595 43,525 387,166 353,467
Landscape
Grants		 3,088 1,323 11,500 627 689 17,227 13,437
Totals 399,770 161,515 132,941 76,506 84,101 854,833 916,447
Governance
Costs		 52,882 13,840 10,823 6,556 84,101 82,375
The Covid -19 Coronavirus outbreak and resulting lockdown has affected charitable and income generation activities in 2020 and this is represented
in the apportionment		 of
staff time/costs
in these		 areas. Income from periods ofstaff furlough is shown in note 1.Costs for furloughed staff are represented as part ofsupport staff costs.

5. Employee Information 2020 2020 2019
Full Time Full Time
Actual Equivalent Actual Equivalent
The number ofemployees working in the following areas were:
Generating
funds		 3 4
Charitable
activities		 12 11
Governance 1 2
Support 7 5
Total 23 18 22 17
The average monthly head count for employees
was 23(2019;22)
Employee costs were as follows: E E
Salaries 511,625 505,868
National
insurance		 40,332 41,571
Pension costs 76,050 72,642
628,007 620,081
One employee
received		 benefits in excess ofE60,000 (2019:none)
17staff were furloughed at different times for the period ofApril tothe end ofSeptember 2020 the income for these claims is shown in note 1.
Exgratia payments
were		 made to ail affected staff to top their wages up to 10(%during furlough periods.
6. Tangible Fixed Assets Freehold ONce Motor
property equipment vehide Total
Deemed cost E E E E
At 1January 2020 1,424,436 76,973 18,134 1,519,543
Additions 70,000 11,463 81,463
Disposals (870) (870)
Revaluations
At 31December 2020 1,494,436 87,566 18,134 1,600,136
Accumulated
depreciation
At 1January 2020 26,592 54,016 6,528 87,136
Charge for year 3,432 8,602 2,321 14,355
Disposals (850) (850)
Revaluations
At 31December 2020 30,024 61,768 8,849 100,641
Net book value
At 31December 2020 1,464,412 25,798 9,285 1,499,495
Net book value
At 31December 2019 1,397,844 22,957 11,606 1,432,407
Details ofthe freehold property are given in note 7.
7. Freehold Property at deemed Cost 2020 2019
Used in the Operation ofthe Charity
Kendal Office 266,600 266,600
Held for Environmental Purposes
Farmland,
High Borrowdale		 234,000 234,000
Common
Land Grazing		 Rights, Ulpha, Uttle Asby, Roundthwaite, Whelpside 64,800 64,800
Hows Wood, Eskdale 11,806 11,806
The Helm 318,155 318,155
Common
Land, Little		 Asby 198,000 198,000
Land at Mazonwath, Little Asby 152,452 152,452
Woodland
at Staveley		 60,623 60,623
Greenbank
Wood		 18,MO 18,000
Bull Coppice 8 Resp Haw Woodland, Rusland 100,000 100,000
Littlerigg, Sweden Wood, Ambleside 70,000
1,494,436 1,424,436
Legacy of land at Littlerigg, Sweden Wood, Ambleside left tothe charity in 2020, by Dr Julian Raymond Eldridge.

Year Ended 31December 2 020
8. Fixed Assets - investments 2020 2019
Market Market
value value
E E
General Unrestricted
Funds
Brewin Dolphin
General
Fund		 667,529 629,832
CCLA COIF Charity
Fund (Accumulation)		 314,602 286,558
CCLA COIF Charity
Ethical Fund (Accumulation)		 282,774 257,610
Canaccord G. W. Ltd (Hargreave Hale) Investment Fund 334,334 305,073
Total 1,599,239 1,479,073
Permanent
Endowment
Funds
Kirby Fund 408,119 406,131
Taylor Fund 108,471 83,927
Total 516,590 490,058
Total Fixed Asset Investments 2,115,829 1,969,131
Brewin Dolphin CCLA CCLA Ethical Canaccord Total Brewin Dolphin
2020 2020 2020 2020 2020 2020
Movement of Investments General General General General General Endowment
Unrestricted Unrestricted Unrestricted Unrestrkted Unrestricted Funds
Funds Funds Funds Funds Funds
E E E E E E
Market value at 1January 2020 629,832 286,558 257,610 305,073 1,479,073 490,058
Additions 20,000
Disposals at carrying value
Net gains/ (losses) on revaluation 37,697 28,044 25,164 29,261 120,166 6,532
Market value at 31December 2020 667,529 314,602 282,774 334,334 1,599,?39 516,590
Historical cost at 31December 2020 577,214 298,538 270,438 254,195 1,400,385 480,261
9. Debtors and Accrued Income 2020 2019
E E
Accrued Legacy Income 3?3,427 163,025
Other Debtors 24,763 18,279
Prepayments
and Accrued Income		 3,466 3,362
351,656 184,666
10. Creditors: Amounts
Falling Due		 Within One Year 2020 2019
E E
Accruals and Deferred Income 23,300 16,879
Taxation and Social Security 11,696 9,526
Other Creditors 26,826 32,968
61,822 59,373

In addition to this the trustees
hav		 e designated
E2,422,000 (2019:E		 2,190,000)out
Working Capital 250,000
Contingency
including		 support through
the impacts ofCOVID-19		 832,000
2021-23 Development ofFinancial Sustainability 750,000
Strategic Land Acquisition/Existing Developments 590,000
2,422,000

Analysis of Net Assets between
Fun		 ds
Unrestricted Restricted Permanent Total
General Designated Endowment 2020
E E E E
Tangible Fixed Assets 1,499,495 1,499,495
Investments 1,599,239 516,590 2,115,829
Net Current Assets (1,599,082 2,422,000 75,199 222 898,339
157 3,921,495 75,199 516,812 4,513,663
Commitments
Operating leases
As at 31December 2020,the Charity had total commitments under non-cancellable operating leases as below:
2020 2019
Operating leases which expire: E E
Within 1to 2years 2,304
Within
2		 to 5years and after 5years 8,915 11,012
11,219 11,012

20. Contingent
assets - legacy income
As at the year end, the charity had been notified ofresiduary legacies where the value ofthese estates was uncertain as the executors had not yet compiled the estate accounts and
probate
had not yet been granted. Therefore,		 no amount has been accrued
in respect ofthese legacies which are estimated to be in excess ofE700,000(2019:none)
21. Recondllation
ofnet income/(expenditure)		 to net cash flow from operating activities 2020 2019
E E
Net income/(expenditure)
for the reporting		 period (as per the statement offinancial activities) 297@92 245,789
Adjustments
for:
Donated/bequeathed
land		 (16,000) (100,000)
Depreciation
charges		 14,355 13,987
(Gains)/losses
on investments		 (126,698) (252,485)
Dividends,
interest
and rents from investments		 (30,795) (35,277)
Loss/(profit)
on the sale offixed assets		 20 (17,857)
(Increase)/decrease
in stocks		 773 (918)
(Increase)/decrease
in debtors		 (166,990) 75,844
Increase/(decrease)
in creditors		 2,449 8,651
Net cash provided
by (used in) operating		 activities (25,494) 62,266)
22. Analysis ofcash and cash equivalents 2020 2019
E E
Cash in hand 607,642 687,804
Notice deposits (less than 3 months)
Overdraft
facility repayable
on demand
Total cash and cash equivalents 607,642 687,804