Registered Dumber.. 115282409 Cbarlty number: 1109396 The Hollingbourne Meadows Trust Limited (A company limited by guarantee) Unaudited Trustees, report And financial 5tal¢m¢nts For the year ended 31 Deeember 2021 Tbe Hollingbourne Meadows Trust LiThit¢d (A ¢ompany limited by guarantet) Contents Page Rrf¢rence and admi'ni5trativ¢ d¢tsib of the charitable companyj its Trusiees and advisers TTu$fres' report Truste¢5' r¢sponsibiliiie5 slatcment INd¢p￿deTht cxaminees T¢POrt Stat¢m¢nt of fJnancia] aclivities B&lanc¢ sheet Not¢$ to the fxttattcial 5tatem¢rtts 10- 18 Tbe Hollillgbourne Meadows Trust Limited {A company limited by guarantee) Reference and administrative details of the charitsble company? its Truslees and adviser5 For lh¢ year ended 31 De¢ember 2021 Trustees D. Ardl¢y IResigned 18 June 2021) S. CaTdwell E. Jorda B. Williams Company registered numbEr 05282409 Charity r¢giyt¢rtd mumber 1109396 Regi5ter¢d offi¢¢ CaTdw¢ll Pavilion Gr¢ellway Court [loa￿ Ilollingbourn¢ Maiitston¢ Kent ME17 IQQ Company secretary E. Jordan AccouDt2nts UHY Ha¢k¢T Young ctLart¢red A¢¢outstaJLts Statutory Auditors Thym¢s House ROM7￿ Square Sithngbourne Ketti MEIO 4BJ Pa8e I The Hollingbourne Meadows Trust LI￿￿ted (Ib¢'Trust' or the 'Ch#rity') (A eojllpany Mmiled by guaralltee) Trustees• Report For the Ye¥r Ended 31 Deeenther 2021 Th¢ Tru3tmmunity ￿gagc￿¢nt. The TtUSL'S objectives are to proteLI and PTornv￿ th¢ naiive b1[￿1ver$ity of the (￿sySteM of our portfolio of llnd ufjthin the parish of Hollingtourn¢ thTk ￿ all by providiug a tL¢PWOtk of fvotyaths thtough and adjacent to multiplerUSC ¢OUrttrysid4 with sealing for enji)ymeiJt and rd&xaiion while giving views of the ArLUW of OutstJniliDg NaDJral Beautyand Areas of sp￿]￿) Scientific Inte￿St. In qdtillg ObJ￿tiV¢s w]d planttirtg for ￿ti￿ti&l. the T￿Stee5 have giveD du¢ ci>nsidLTatiort to general guidance pUblish￿bY the aJarityCoTnmissiw relating to publicb¢n¢fit, includin8 the 8uidance Public b¢n¢fjt'. ruDDing a Lharity IPB2)'. Str*tegles for *ehIev1￿% obJetdve& Thc Ch￿lty regularly as a board tsf Tnjsrees and a5 V￿]0￿8 8ubcomtnitt¢es. Thase mee£ings are used to fonnvl8t¢ and agree new plans and srrategi¢s to h¢lp achieve our goa]s comrnunitv inclusioTL. In 2020 we created a MaTkding aDd Social actiiiiy subcommittcc. which is ￿ade up of IIKal re5id¢nts. patrons of our land and also offi¢¢rs and dire¢ioTS from witbin th¢ trnst. The goal and ¢bjeciive of this subCuM￿tt¢£ is to dEViSt a caltsdar of event5 that will both protnote the ultimate goals and obj'ectives of the trus4 but 8]80 io help re ￿gage our CQTnmu¥Lity ttatUTe and alw eaeh othv. In the¢reationof 5traiegy. we prioTiti$e tJatllr4 thebiodiver5ity of th¢MEadows, he4lih & safety and safe8uarding of QUT volunteers and patrons. The Trust wJtiThuaTrly looks for better and mor¢ rrcativ¢ to improve OUT lo¢ai ￿￿lTonmthL A¢dvitles for achkvlDg objertlves Th¢ (l)atity would norrnAllyuttdertakenumttous projects throughout the year, in addition to a r¢gul8T mOinterian¢epiY)8ram. In rttcnt years large campaigns have been und¢rtak¢n in¢lud< Mil￿4 Smiles & Hedgt of Ho￿. ButlL of tbese Campaigns w¢r¢ alm￿ & r¢ engaging our wttununity with namre attd e4¢h other, Both campaigns were very succcssfijl. During the CDwd 19 Ictkdowns it was dit"ficult to run activities within the rc5tti¢tion5 of government guidelin&8. HoweNrr we managed to in¢lude s¢verai Covid 19 s8f¢ hulge platLtinK $¢hem& and also included Volunteers attd villdgtts in some ]Ya¢uv¢ m&inienance w0￿s.. We maintain an so¢i)I media profilewhich is uKd r¢gulJTly alon88ide email and w¢bsite updattt% to engagcour volunieers and patrolls and to invit¢all who wish to ¢offle out and help. We liok with othcr10¢4] ¢I￿riti&$ and oJ¥anisations wittl 5imil4robjective8 aod goals w sbare best practice alld &trilc8ics. Th¢T￿￿￿$ regularly attend vaTiou$ tommitie¢ group meetings and actively participatc in bdtthng TrIndej¥tandll￿ of regulation arouThd PTOte£tin8 eur biodivffsity. Thcs¢ griiups hÈve includ&J the Maid5¢0n¢ Bivdiver$ily Plan, the Vale of Hollit]gbourn¢ PlaTh aDd the Go GTeen Go Wild Scheme. The Trust's H¢ad Ranger has al.%0 supp)rttslthe initial stagts of formation of other envirottmettta] chantses in an gdvisory c4)aciiy. th as the LthaTn M¢*dvws Trust. Pag¢ 2 The Hollimgbourne Meadows Trust Limited (the 'Trust' OT tbe 'Charity') (A compatty Ilndted by guarantee) Trustees, Report {CODtillued) For the Year Ended 31 December 2021 Maidslonc Borough Council hAs reviewed & list of sit￿, 8$ PTowse41 by a range of p￿p]E which mayhave the potential to bec4)me LO¢￿ Nats]re ReSe￿eS. Hollin¥￿￿￿¢ Maow5 Ttust was put forward as a F•t¢nli￿ new resetve. Maidstotle Borough Coun¢il has c()mmissiix)ed a rcviuv of the8eprnposed sit&4 in orderto det¢rmin¢ wlLich of thern has th¢ poturnePgtri8h Council. 2021 w&8 a year where owr ability to ￿gage actively with other thaTitio within <>urcoLThnunitywas agaiti s¢riou$ly affeL*e(i This was due to tight Covid 19 rthithions ￿ere￿ce to soGial di$tan¢iti8 laws. Volunteers The Tnjst has sndl group of voluntea% who help as 8nd Wh￿ po%%ible. Wiile we have a cor¢ of 2-3 whu help outregularly (every week). theTrust is 8lway& leokiAB to increas¢ the number of volunteers lo help gmw cornrnunity cohesion asaLS¢ of individua] 'owTerthip' of the Mcadows by a55j8ting with projects and maintthance. In th¢ TTUStees' experien volunteers who have pthicipatLxI in sorne way takeaway 4 w¥e of *c]Jievem￿L self-worth, beloll8iL8 and team spirit through the passion we seek to sharc. Achievements and performanee MAID athleYemeDts olthè Charlty Ih¢ Charity's achicvcmcnts includ¢,' Thed8y to day up keep and Tnaintenanccof th¢ land utldtr our $ttwardship. Maintaining the ￿￿rIty'S land to a %Lkndard that would be rewnAbly ¢xp#ted for all to enjoy. Assisting in the ellv1ronrn￿thJ PTQtnotion of native fauna and flora. MaintAining invitiJJg habithts for iD¥¢*t$ 2nd small animals to thn'v¢ in. Making Jvailabk the most rel&King and in3piring natyjr￿ space we can for all our patrons to enjoy for gentsations COEne. Aspiring to gain steward5bip o(wJdition#l latsd andhabitats. Rtykw of artlvities In 2021, we planted new hedgingplants in one field. This event V/O5 SUPWTrrt&l by a local small busitLe5s. It doubled not only a8 an enwiTonm¢nt81 adion but 4150 a 1¢8Tn buildin8 ￿tr¢i8¢. Wchad over 30 volunteers working on this prOJ￿t. Th¢ trJStmadeerjtie￿ r¢￿'T$ to s¢v￿OI oth￿h&1ge rows that t*eded Bap fillin8. W¢ also mana8ed to improve an acca$8 way into our land by laying a firn￿ 8Bgregate path. This he]ped the ttwst to ¢oDtillue to achieve its objettive of ]naking its land fr¢¢ly accessible tts a]1. The tsust a]so hostd asu￿fUl 4uiz nighl and one of our patrons kindly l¢d a bird watch Lour, an ¢vcttt we now tyh05t Page 3 Tht UollRngbourne Me&dows Trust LID￿ted (the 'Tru$t' or the 'Charity') (A cotnpany limlted by guarante¢) Truslees, Report (contiuu¢d) For the Ye8r Ellded 31 Dttember 2021 Revkw of artlvltles Icotttithied) Most of the activitiu the trust widertook in 2021. weredone on a singular or smallw 8reup type basis with ourranger doing m08t of th¢ necessary upkeep and geD¢r8] Hoilltenaneehimself Howcvcr a f¢w ￿￿&￿erpr￿j￿ts lik¢ watering, mulching In¢1￿[1X4 vvlunteers and villag¢T$. During 2022 the Trust hadplaTruEJ to return to hosting s¢verai village evtnis For our community but for 8evLYa] r&￿0t￿ th(￿¢ evellts did llDt tak¢ place and theexteptiortal weather in th¢ sumTnF led to a fouls on thcnetd for ¢outinuou9hydration to Tethi¢e the llnpact of the la¢k of roinfa]l on the meadowT. Futhdralslng activitie5 and ith¢omÈ generatlon The CTrariry wses rnoni&s through various streaTn4 includin8 bjt not limited to, gr￿1 fvniknrtg f￿ s1￿cifIC projwts or cquipmcnt requiTL¥i, ttgular monthly donations thwugh our Friend8 of the Schcm4 t￿t off donatians. and other activities whetedonatsons may be rois¢￿ such &% car parkinE and carol singing. We seek to inLmSe our parthffin¥ with various COTllTnercial erntiti￿ as to iDcr¢as¢ cor￿[￿te th)nations. Covid Jg imp*¢t tht Trust As stated in laséyear's trustecs, T¢POrt artd highlighied in som¢ of th¢ information alreadymentioned within this rem the Trust had to ceawmost of our 4Dnual events and tailor the fcw ￿ cvuld do, ts> be covid safe. We expuicnced a mtssive increase itt foot f￿1 alld w¢r¢ fyOnCL￿ed alM)Ut the impact oll from ¥iviftg ard grant5. 'fhis 94ueeze 00 our resouN￿. not Only Jne*tht thal ow maintenancecost in¢rcas¢d, but we had to cut costs to bcablc to surviv TheTnwL its Directo￿, Ttustcts and Officer4 our members, patrons of our lanl fri¢nth tsf the meadows. do￿orS and th¢ wid￿Ho￿)ngb0urrK community are deeply and most sinrer¢ly 4Jpreciative of all the s￿]fiCe, effory time. tt)er8y and selfless devotioj) uur volUnt￿T$ have inv&%led into th¢ trust in 2ff21. Ihe tn￿l IS trnly grrttefvl and thath all most 8bncerely. Withtsllt theirhind attd g￿￿Ou5 worK the tr￿MaY have to ¢los¢ it¥ gates thirins the lockdowryLS in 2020 and 2021. Thallk you trp ourvolunteers. Inve5¢m¢nt pomey a￿d ptrfornAn¢e TheChMTity h&s no investnJent$. FID•Dcia] Teview The Slatunent of Financial Acti￿11￿%,SoFA" show5 thc Cbarily's tots] incoming r¢sw explain the charitsble company'5 traJJsactlOD5 and di%clo8e with rtasonabl¢ accuraGy at anv titne the financial position of the thztitable company ￿ld enable them to cnsui that the financial stsiements comply with the Co]npani¢s Act 2006. They ar¢ also resportsible for s8feguardll)g the assets of the charitable company and hence fortaking rca50nablt st¢ps for the prevention and dciectioll Offraud and other iFregulariti¢5. Approved by order of t memb¢r5 of I board of Tnjsttts and sign¢d on it5 bvhalcby.. #rdwtll Date.. Pag¢ 6 The HollinglKtrurne Meadow$ Trust Limited (A compally litDited by guarantee) Ind¢pendeDt examiner's report For the year ended 31 Dtetmber 2021 Indepe￿dent examiner's r¢poTt to the Trustets of The HtkllingbourDÈ Meadows Trust Limited I'the ¢h¥Titabl¢ Company,) I report to the ¢harity Trustees on my examillation of th¢ of the charitable company for the year ended 31 December 2021. RespoD¥ibilitit5 and b*¥is of report As the linstees of th¢ charitable companv {and its directors for th¢ purp￿5 of c4)mpany lawl you ar¢ r¢sponsible foT th¢ wepaTation or the accounts in accordance with th¢ r¢quiTCtneDts ofthe Coinpanies Act 2Q06 Ilht 2006 A¢i'). Having satisfied myself th& the aÉcounts of the charitabl¢ ci)wnpany are not required to be audit¢d unJ¢r Pan 16 of the 2006 Act and are elipbl¢ foI ind¢prnd¢tLi ex8minatioJJ. I report in respect of tDy eXa￿l[)ItiOn of th¢ charitable company's accounts Carried out under st¢tion 145 of th< Charitics Acl 2011 I'the 2011 ACV). Tn canyinE Out my examination I hove followed the Directions given by th¢ Charity Commission wider section 14515Kbl orth¢ 2011 Act. IndepeDdettt exxthiner's st*t¢￿ent I havt eomplcted my examinatsOlI. I ¢f)nfJrm thai no matters hav¢ rom¢ ￿ my attention in conrhection with th¢ cxamination giving m¢ cause to belicve.. accounting recoTd$ were not kcpt in r¢sPeCt of th¢ ¢havitsble eompany as requir¢d by s¢¢¢ion 386 of the 21Kk6 Act. or accounts do not accord with ibose record5. or the accounis do nol Comply with the a¢counting Tequirern¢Dts of section 396 of the 2006 Act other thaD any Tequirement that th¢ accouThts give a'tru< and fai¢ view w,hich is not a matter considered as part of an inde￿ndent ¢xaminAtion.' or the accounL£ have not bten prepared in accordance with the m¢theds ajjd principle5 of the stat<]n￿l ofReeommended Practice for accoullting ¥nd reportin8 by Charities lapplicabl¢ to thatilies preparing their accounts in accordancc with the financi&l Reporting Sta]thTd bppli¢able in the UK And R¢public of Ireland IFRS 10211. I have no conc¢rns ortd have come acr08s no othcr matters in ¢oJJnedion with the &x¥miTLation 10 which atmition should be drawn in this report in ord¢r ￿ enable a proptrund¢TStaiidi]Jg ufthc accoutsts to bt reached. This T¢POrt L5 mde solely to the chaTit&bl¢ tompany's TnJstc£s. as a bixjy. in a¢¢ord8nce with Part 4 of the ch￿￿tieS (Awounts R¢ports} Regulations 2￿8. Mv work has been ttrtdertaken so that I might 5181¢ to the chariiable Compan￿$.].rU$tCeS those JnattcTs I &m r¢quired lo sthte io them in an It)depEndcnl cxamin¢¢s rcport and for no othtrpwx)se. To the fullest ¢xt¢nt p¢￿]ned by law, I do not t£cpl or assunie re5POll5ibility to anyone otherthan the d￿ritable company and the charitable company'5 Trusiees &8 a body, for my work or for thi5 report. Signd". D&ted.- 26 September 2022 A. Hickie 14S¢ FCA UHY HAtktr Young Chartered Aecountants Thamcs House Ro￿all Square SiLliThgbourne K¢nt MEIO 4BJ Pag¢ 7 The Hollingbourne Meadows Trust Limited (A company limited by guarantee) Ststement of financial activities (incorporatlDg income and expenditure account) For the year ended 31 Deeember 2021 Unre5tri¢ted funds 202J Tot41 funds 2021 rotol Restric¢¢d funds 2021 2020 Not¢ Donati0Th5 a￿d Icgaties Charitable activit1¢5 Othttr tradit)8 ￿tIVitIeS Envc5ttllrnl 16,276 1,535 9.626 25.902 1.535 2.617 22.422 6. 700 2,617 55 Tot*1 in¢omt 17.811 12.247 30.058 29,177 Exp¢nditur¢ OD: Raisillg funds Charitable aclivit1¢5 891 2.202 31.155 JJ7 27.583 3.572 21.654 Totsl expendit￿re 28,474 4.883 33.357 21. 771 Net (expenditureYincDtne Transfers bdween funds (10.663} 6.670 7.364 16.670) {3.2991 7.406 15 f*et *ov¢metht ID funds (3.993) 694 {3.299) 7.406 Re¢olltll•ition of fundi: Tolal funds brought fotlV2rd Net movtmcul ill funds 375.666 (3.993} 10,086 694 385.752 (3.2991 378.346 7.406 Totsl fumds CATried forw•rd 15 371,673 10.780 382.453 385. 752 The Staten)cnt offinancial adivitie$ ittcludcs ￿1 8aiw and losses r¢Gognised irt the year. The notes on pages 10 10 18 fonn pan of thcse financial statcmellt5. Page 8 The HolllngbourDe Meadows Trust Litllited (A compaDy IiJDited by guarantee) Registered Dumber.. 05282409 Balattce sheet AS #t 31 December 2021 2021 2020 Note Fixed Issets Tangible assets Current a55¢ts 12 334.JDI 336.237 Dtbto Cash at bank and in hoTh1 13 4.328 45,015 3.293 52,386 49.343 55,679 Creditors.. arnO￿t5 falling dut within olle year 14 {6,164) Net current 45s¢ts 48.149 49.515 Totsl net gssets 382.453 385.752 ChArity R¢strieted fijnds 15 371.673 10,780 375.666 10.086 Unre5triGt¢d fijnds 15 Total fvnd5 382,453 385.752 The charitablc cotnp#ny wos etttided to exemption from audit und¢r $ection477 of th¢ CoTrJpanies Act 2006. The membcrs have not rcquircd the company to obtain ￿ Audit for the yw ill question ill accordan¢¢ with section 476 of Compaui¢5 A The Trustees acknowledge their reSpOt￿lb]Iitles for complying with the requirements of the Act with resp¢ti iu JuowJiin8 records and preparation of fin#ncial slatcments. The fin&nciaJ 5tat¢m¢TLts hav¢ b¢0 prepared in accordance with the provisions applicable to ¢nlities subject to thc small companie5 rcgime. The fjnancial stsl¢ttt¢lLts were horised for i5su¢ by the TTUStets and signed on thcir b¢haifby.' s.ca Tn]s well Thc notes on pages 10 to 18 fomi part of th¢s¢ fijwcial statements. Page 9 The Hollingbourn¢ Meadows Trust Limited (A cojnpany limited by guarants¢) Note5 to tkne financial stst¢meDts For the year ended 31 D¢c¢mber 2021 General Tnformatlom H¢llingboumt Meadows Trust Ltd, the 'charitable Compatt￿. is a rcgist¢r¢d ¢hÈrity, iThcorporaied in England W#le& r¢&ist¢red at Cardwcll Pavilio￿ GT¢cnw8y Court Road, Hollingbourne, Maid5tvn¢, K¢nt, EDgland. ME17 IQQ. Ac¢ou]JtiDg poliri¢s 2.1 B25is oCpreparAtioll oifina•ci*l st¥ttm¢nts The financial sthtrments hav¢ b¢¢n PT¢par¢d in accordance with th¢ Charities SORP IFRS 102) - Accountjn8 and R¢porting by Charili¢5.' Ststement olRecummcttd¢d Praclic¢ appliable to tharities preparing their ac¢ounts in auord2nce with thc Financial R¢portiDg $L￿dard applicablc in th¢ UK and R¢publi¢ of Ireland IFRS 102} l¢ffective l January 2019}, the Finaiiciaj Reporting Si8tsd8rd applicable in th¢ UK and Republic of btland IFRS 1021 and th¢ Lornparties Art 21)06. The Ilollingb(purne Mtadows Trust Limitrd metts the defirtitiort of a public bell¢fit entity under FRS 102. Assets and liabiliti¢s ar¢ itLiliaily reco8llised at hL51Oric￿ ¢0st or transaciion value unle55 Otherwise statcd in thc ielcvant accounting policy. 2.2 Golng tonetrn These ftswicia] sratem¢nt5 havc ￿rn pr￿ared on the goin8 conr¢rn b&si% ott the understanding that the trustw have a reason8bl¢ expectation that the charitable company ha5 ad¢qudt¢ resotsrces io continue iTh operation for th¢ fore5ceable fvturt. 2J Income All incom¢ is recognised once thc ch¥Jitabl¢ comp3ny hds enlilltment to the income. it 15 prvbable that th¢ ittcome will be receivfd a]Jd th¢ 2nhOUtti of income r¢ttivthlt tan be mcasured reltably. Groftts are included in the Sts¢etn¢ni of fJ]wJcial activities on a receiv4ble basis. The balance of incornc Tcceivcd for 5pe¢ifi¢ pujposes but not cxp¢nd¢d during the period is shown in th¢ relevant fimds on the BalaDce she¢L Wh¢r¢ income is r¢¢cived in advanc¢ of ¢ntitlement of receipt, its recognition is deferted and includcd in creditors a5 dcf¢ned in¢oTlle. Where entill¢m￿l occurs bettire incomt is rtccivcd, thc incomc is aGmi¢d. Other illcome is r¢cognised its th¢ period in wlu.ch it is r¢ceivable attd to the extent th¢ goods havt betn provided or on complction of the setYi¢e. 2.4 Expendithre Expthditure is recognised onc¢ th¢r¢ 15 a le8a] or constsuetive obligation lo trgnsf¢r ¢¢ontsmic benefit to a Ihird party, it LS PTobable ihat a transfcr of econo￿lr benefits will bt require41 in s¢ttJ¢m¢nl and the &Dkounl of the obligation be Jeasur&l reliably. Expenditurc on rnising funds includes all txpcnditure inCU￿¢d by the chaTi(able cotnpany to Nse fijnds foT its ¢horitable purposes includes rusts of all flmdraising activiti¢s events and rton-chariiable trading. Expenditure on charilable activities is incurr¢d on dirertly undertaking the activtEie5 which furtherthe ¢haritable companls obj¢ctives, as well as arty associated support costs. All expettditure Es inclusive ot"irrecov¢rabl¢ VAT. Page 10 The HollingbourDe M¢adows Trust Llmlted (A company limited by gM4ralltse) Tr4otes to the fJnaDci41 stat¢meDts For tFte year ellded 31 Decetllber 2021 Acrountlng policiu (tontinued} 2.5 Tinglblt fixed assets And depreci£tion Tangible fixed ass¢ts Costing £500 or more are capitalised ￿tognised when fvture economic benefits are probabl¢ and the cost OT value of th¢ asset be measured K¢liahly. 'r8ngible fixed assets Bre initialty reco￿18￿ 8t ¢0#. After ￿CognitiOn, und¢r the cost tllod¢L langibl¢ f]xed ￿Sets arc rnUSUTed at cost less accumulated d¢pr¢cialion 3nd any acLumulat¢d impaiTm¢nt 105Xs. All costs incy￿d to bring tangibl¢ fiKed asset iiito its intended working tondition should be included the ffi¢asuTetDent of cosi. Assets iti the course of construction included at costs incurred to dat¢. D￿reCiatiOn on ihese assets is not charged until they art brought into u%c. At each re]xbrting dat¢ th¢ ¢harit2ble eompanv ￿SeSseS wh¢th¢r there is any inthcation ef impairnenL If such indicatioIi exists. th¢ r¢cov¢rabl¢ 7￿Ount of iht asset 15 detcrniined to bc th¢ higheT of ils fair value less costs to sell thd its valu¢ IJ use. An imp#iTtn¢nt loss is i¢cogtiised where the Carrying amount exeteds the recoverabl¢ amouTtI. Depr￿)8￿0￿ is chaT8td so as to allocat¢ th¢ c05t of tangible fjxed L%%et5 It￿ thciT re%idual ￿]ur oY¢r th¢ir estimated useful ILV¢5, usiDg the straight-line method. The estIM￿td useful lives rang¢ a5 follows.. l.ong.tcmi leasehold property Pla￿t and tn8¢lxinery 125 S ycars The a55etg rcsidual valut& ￿t￿LI lives and dcprcciation TtJ¢thods are revTrewe& and adju5t¢d prospectively if approptiate, or if ther¢ is an indiL4tiou of a sthgnificanl change 5iu¢¢ th¢ last TePOrtinE date. Gains and losses disposa15 arc dete￿nined by Gomptiring the Jxotted8 the cwing amount Jnd are recognised in thc Stsi¢ment of fit)anciai activities. TThe charitablc company only h9$ finitycial aSS￿S and r]naTJcial liabiliti¢s of a kind thai qualify a5 basic fjnantial iJJstruments. B￿1¢ financial itJstrLLtnenls art iniiially r¢cognis¢d at transattiort value and subscqucntly rn¢asur¢d #t th¢iT settlement value with th¢ ¢xception of bank loalls which are subse4u¢Dtly Meas￿e￿ at wnortised c05t USiTJg th¢ ¢ff¢¢iiv¢ inlttest mdhod. Z.7 Fund accounting G¢n¢ra] fwids are unrestricted funds whi¢h ar¢ available for use at the discretion of the TtU5tccs in fuTthcTattce of thc gEne￿I objedives of the charitsbl¢ company and which havc not beeTh desigttht¢d for oth¢r purposes. Restrietcd funds futLd5 which yr¢ Iv be used in accordance with specific T¢stii¢tiotL8 imposed by donors or which have been raised by the charitshle company for particular purpos¢5. Th¢ ¢osts of raisin8 attd administering such fvnds ar¢ charged against th¢ 5p¢Gifir fund. The aim and use of each re5trictd r￿d is set out in the notes to the financial stat¢ments. Inv¢5tm¢nt inco]n¢, gains attd losses are allocaied to the aPPTQWiJtc fi]Dd. Pag¢ 11 The HollingbourDe Me4dows Trust Limited {A company limited by guarantee) Notes to the finaucial Statements For the year ended 31 December 2021 ltttome from don#tion$ aknd leg*tl Restricted funds 2021 Unrestric(ed futbds 2D21 Total runds 2021 ToEI71 2Q20 Di>nations 8.276 8,000 9.626 17.902 8.000 12,322 io, loo Grollts 16.276 9,626 25.902 22,422 Analysu of2020 iotal byfuTrTd 11.357 11,085 22,422 Iotome from tharitsblt actlvitl Rtstricted funds 2021 Total fund5 2021 Total I￿nd¥ 2020 Sponsorship 1,535 1.535 6, 700 Anatysu of2020 iotal byfvnd 6. 7QO 6.700 IA¢ome from other trading ictivities Illtome froTh fuMdr*isittg events Unrestricted funds 21121 To¢al funijs Total 2021 2020 F￿dIa)Sing events 2,617 2,617 P￿e 12 The Hollingbourne Meadows Trust Limited (A eompaDy limited by gllarantse) Notes to tbe fJryaDtial Statt￿ellts For Ihe year ended 31 December 2021 Inytstment incorle Unrejtricted fund$ 2021 Ttrtsl funds 2021 fvnds 2020 Bank inttrest 55 of2020 total byfvnd 55 55 EJpenditure on rfiisillg f¥nds Costs of rai8ithevoluDtsry Restricted ds 2021 Unrt5tri¢ted fuDds 2021 Total funds 2021 rotol 2020 Fundralsll￿ cv¢nts 891 2.202 IJ7 An&ysis of2020 iotal byfvp 117 J17 Anatysi5 of eXpe￿di1•re on charitable Aetiviti Summary by fund type Restrict¢d fuDds 2021 Unrestricted funds 202A Totsl 2021 Toial 2020 Conservation. prottction and improvement 27,583 3.572 31,155 21.t554 Anatysis of2020 lolul byfvnd 18.292 3,362 21,654 Page 13 Th¢ Hollingbourne MeadoTYS Trust Limited (A company limited by guarantee) Notes to the fJnaDcial ststements For the year ended 31 December 2021 An#tysis of expeDditUTe by w¢tivitits Totsl fuDd5 2021 Total fyp 2020 Direct costs Support tosts 2021 2021 Cons¢rvation, protection alld improvement 29.727 1,428 31,155 21.654 Amolysis of202Q tot￿1 20,216 1,438 2J.654 Anatysis of dirert cojts Totsl fund 2021 Totol fynd 2020 r)eprctiation Premises and eqllipmtnt costs 8.090 21.637 8. 770 11.440 29.727 20,216 of support costs Totsl ds 2021 Totthl h4nds 2020 T￿hnOlOgY a?$t$ Legal and professiona] Independent ¢xamina¢ivn Other support cost5 223 223 1.050 155 1.052 174 1.428 1,438 io. dependemt s remunera*Kkn 2021 2020 Fees payable to the ind¢F¢nd¢Dt ¢xamin¢r for th¢ ¢xamination of the aDnual 8¢¢0unts 1,050 J.032 Page 14 Tbe Hollinlbourne Meadows Trust Limited (A company limfited by guarante¥) Tr4otes lo the nllanclal statements For the y¢aT ettded 31 Derember 2021 Trusttts, remuneration upenses During th¢ y¢ar, no Trllst¢cs reetived any remuncration ot other benefits (2020- £VILI. Duling the y¢ar ¢nded 3 1 December 2021. no Tru51¢¢ ¢xptnses have been incurred (2020. £oYlL). l2. Tangible rued As5¢ts IAkng-term leas¢hold property Frteho]d perty Pl*nt and m#¢hinery Total Cost At l January 2021 Additions 297.698 1,990 22,235 56.414 4,167 376,347 6.157 At 3 1 Ik¢emb¢r 2021 299.688 21235 60.581 382,504 Depreci#tioD At l January 2021 Chwg¢ forthe vear 2,874 178 37.236 7.912 40,110 8,090 At 3 1 r)e¢ttnbcr 2021 3,052 45.148 48.200 N¢t book valllt At 31 Decembcr 2021 299.688 19,183 15,433 334,304 At 31 December 2020 297.698 19,178 336.237 The freehold PTop¢ty ¢onsists fully of18nd which is not d¢preciated. 13. Dtbtors 2021 2020 Du¢ within one ytar Oiher debtOT5 3,060 1,268 2,(￿0 1.295 Prepaym¢Thts attd acerued income 4.328 3,293 Page 15 Tbe HolliDgbollrDt Meadows Trust Limited (A company limited by guarantee) Note5 to the finantial statements For the year ended 31 December 2021 14. Creditors: Amounts f￿1]￿% due within ODe year zozi 202 Other108llS 5,000 1,164 Accnjals and dcfcrred tncome 1.194 1,194 6, 164 Is. StAtemettl of StstemtDt of fwnd$- turrtnt y￿r Transfers B21aDce at 31 iDlou¢ December 1021 J#nuxry 2021 JTJCOm¢ Exyendlturt Unrestri¢ted fuDd General Funds 10,086 12,247 {4:8831 16,6701 10.780 Restr5et¢d Eythorn¢ Meadow Hollingboum¢ M¢8dows Project 100 23,759 334,557 17.350 (1.910) {21.860) (4.704} 667 22.516 335.921 13.236 17,221 590 6.003 375.666 17,811 {28,474) 6.670 371.673 Totsl of fvnds 385,752 30,058 {33,357) 382,453 Unrestricted funds.. General fujths are spent at the dis¢raion of the ttust¢es for furtheraLC¢ of Cknity's tharitsble objethivcs. Re¥tritted funds: Tht restricted funds compri5¢ grants Ènd donations to be SPeDt oll sp¢¢ifi¢ ¢haritable objectives. l. Eyhorne Mtadow 2. Hollingbourne M¢odows 3. Project 100 to sccure owL¢rship of and maintsin Eyhorne Meadow. to secure owD¢rship of aDd tn2iThtain Hollingbounie Meadow5. plant maintsin 2 1(10 tree avtnue of remeTllbranc¢ to commemurattt the tentenary of the end of World War l. Page 16 The Hollingbourn¢ Meadoiv5 Trnst Li]Dited (A ¢ompany Ilmited by g￿arantee) Notes to the financial statemcnts For the year ended 31 December 2021 Statement offunds {contiwutdl Statement of fund5- pTi•r yeaT Bolance Qf 31 December 20211 Bal(wce at l JoAN&rv 2020 Income £¥p¢P￿t￿re TrdnFfers iplout Unrestrirt¢d fut)d8 General Punds JO.082 lJ,140 (3,362) (7,774) JO.086 Restritted hjthds Eythornc Meadow HollingbouTne Me&low8 Project 100 23.609 323,959 20,690 (627) [12,383) (5.399) 777 23.759 334,557 17,350 15,984 2,053 6,997 368.264 18.057 (J8,409) 7, 774 375.t566 Totsl o(fund$ 378.346 29.J77 QJ, 771) 385. 752 16. ANaly5ks of net *sJtts between fundJ Analy$ts Of net assets bttween fund$ •CUTrent y￿r RtJtrict¢d Unrestricted [￿ndS 2021 Total fund$ 2021 2021 T¥llJgible fLx¢d assets CuTtent Ass¢ts 334,304 37.513 11441 334.304 49.343 11.830 {1.050} Cr¢ditors due within OD¢ year Totsl 371.673 10,780 382.453 Page 17 The H•llingbourne Meadow5 Trust LimTrted (A Company limited by guarantee) Notes to the financi81 $tsternents For the ycar ended 31 D¢¢ember 2021 16. Anfilysis of net assets b¢*Wee￿ funds (eontinuedl Allalysis of nei *ssÈts between funds- prior ye4r Unretsirlcled Total nd¥ Retrlricledftsnds 2020 2020 2020 Tangiblc fiK¢d &%sets Current a55ets 336.237 336.237 55,079 (6,J61J 44.561 (5,132) 11.lJ8 (1.032) Crediiors du¢ within one year TotAI 375,666 10,056 385,752 17. Mtmbers. liability Eath mtmber of the tharitabl¢ company uThdcrtakes to contribute to the assets of the company in th¢ event of it being up w]Jile helshe 15 a mernbET. ur wilhin olle year alter h¢l$he ceases to b¢ o member, such arrkount as may hc rcquir¢(L not exceeding £10 fo[ the debls and liabilities contracted before helshc ctas¢s to be a member. 18. Rehted party transaction5 Loans were n￿de to tht ch8riiy in previO￿S years by two fonn¢T fru5te25. The loans are Intere￿ frcc and w¢re fully repayable by 11 Dtctmbcr 2020. How¢vcT, on¢ fomer trustee Offer￿ to defcr his fmai repayment to D¢G¢mbeT2021 and bas now bEetL r¢p8id. During thc ycar, a tru5t¢e rtseived payments of £3,143 (2020.. £1.898) for work done on the myinl¢tiattte of Eyhome Mudow and Hollingbovrn¢ ￿￿￿Ow$. Page 18