##
##
|REFERENCEAND ADMINISTRATIVEDETAILS|.....1|
|---|---|
|REPORT OFTHETRUSTEE|.....3|
|STATEMENT OFTRUSTEE'SRESPONSIBILITIES|...16|
|CONSOLIDATEDSTATEMENT OF FINANCIAL ACTIVITIES.|...27|
|CONSOLIDATEDBALANCE SHEET|...23|
|BALANCE SHEET......|...24|
|CONSOLIDATEDCASHFLOW STATEMENT...........|...25|
|NOTES TOTHEACCOUNTS.................|26|
##
##
|Corporate Trustee:|Dolphin Square CharitableTrusteeLimited|
|---|---|
|Brandname:|Dolphin Living|
|Governors ofCorporateTrustee|David Lavarack (Chair)|
||Deirdra Armsby|
||Bruce Clitherow|
||AndrewGiblin|
||JuliaMoulder|
||Sarah Philbrick|
||Sarah Smith|
||JaneStaveley|
||AnnaStrongman|
|Acquisition,Finance and|AndrewGiblin (Chair)|
|Development Committee|David Lavarack|
||Fenella Edge|
||JuliaMoulder|
||Richard Petty|
||SarahPhilbrick|
||AnnaStrongman|
|AuditandRiskCommittee|Jane Staveley (Chair)|
||Deidra Armsby|
||Ben Laryea|
||Sarah Smith|
|RemunerationandNominations|Bruce Clitherow (Chair)|
|Committee|AndrewGiblin|
||David Lavarack|
||JaneStaveley|
|Key managementpersonnel|Olivia Harris (Chief Executive)|
||JamesHedgman|
||Sam While|
||Octavia Williams|
##
##
|||
|---|---|
|Banker|BarclaysBank plc|
||Level 25|
||1ChurchillPlace|
||London|
||E14sHP|
|Solicitors|CMSCameron McKenna Nabarro Olswang|
||LLP|
||CannonPlace|
||78 CannonStreet|
||London|
||EC4N 6AF|
||StoneKingLLP|
||29ElyPlace|
||London|
||EClN 6TD|
||DevonshiresSolicitors|
||30Finsbury Circus|
||London|
||ECZMTDT|
|Auditor|CroweU.K.LLP|
||4thFloor|
||StJamesHouse|
||StJamesSquare|
||Cheltenham,GL50 3PR|
|lnvestmentManagers|CazenoveCapital Management|
||12 Moorgate|
||London|
||EC2R 6DA|
##
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##
||Intermediate|Social|PRS|TOTAL|Commercial|TOTAL|
|---|---|---|---|---|---|---|
|||||No.of
homes|units||
|Homesin management|||||||
|Portfolioat 31 March2020|sl0|39|111|660|13|673|
|Additions|73|10|58|141||141|
|Disposals|(3)|||(3)||(3)|
|Portfolioat 31 March2021|580|49|169|798|13|811|
|%ofportfolio|72%|6%|20%||z/o|100%|
|Homesunder
construction||10||10||10|
|Portfolioat 31 March2022|580|59|169|808|13|821|
|Planning|114|14|171|299||300|
|Existingunitsdemolished
forredevelopment|-96|||-96|-11|-107|
|Forecastto31 March2024|598|73|340|1,011|3|1,014|
##
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##
##
|INANCIALREVIEW||||||
|---|---|---|---|---|---|
||202L|2020|2019|20t8|20L7|
|Netassets|f1.66.7|€166.0|f1,64.L|f1,5t.7m|f151.5m|
|Turnover|fI2.tm|€9.2m|f9.7m|€8.7m|f19.0m|
|Operating surplus^|f3.7m|f 3.6m|f3.9m|f3.2m|f13.6m|
|Operating margin|37%|39%|40%|36%|72%|
|Gearing|67%|68%|690/o|63%|45%|
|lnterestcover|2,7|2.2|2.5|2.8|8.8|
|Homesand under||||||
|management|798|560|63r|629|600|
|Homescompletedin||||||
|year|1.4L|33||29|L56|
##
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##
##
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##
##
##
##
##
##
##
##
##
|||Restricted|Unrestricted|||Total|
|---|---|---|---|---|---|---|
||Note|2021t|2021I|||2021
E|
|lncome andendowments from:|||||||
|Restricted lncome-GrantsReceivable||504,747||||504,747|
|Charitable activities|||10,092,944||10,092,944||
|Other trading activities|||1,113,930|||1,113,930|
|lnvestment income|||58,652|||58,652|
|Profit on sale of land and buildings|||334,046|||334,046|
|Total||504,747|
11,599,572||12,104,319||
|Expenditure on:|||||||
|Raising funds|||||||
|lnvestment management fees|||5,216|||5,216|
|Charitable activities|||||||
|Housing support
Strategic development
Finance Costs|3
3|-
-
-|7,443,990
279,651
3,743,514||
|7,443,990
279,651
3,743,514|
|Total resourcesexpended||-|11,472,37111,472,371||||
|Netincoming resources before losses on
investments||504,747|127,201|||
631,g4g|
|Amortisation of goodwill|||||||
|Netlosses on investments|||(5,729)|||(5,729)|
|Netincome||504,747|121,472|||
626,219|
|Transfers|15|358,367|(358,367)||||
|Netmovementfor theyear||863,1 14|(236,895)|||626,219|
|Balance broughtfonruardat1April 2020||26,201,353|139,832,429|166,033,792|||
|Balancecarried forwardat31March2021|15|27,064,467|139,595,534|166,660,001|||
##
##
|FOR THEYEAR|ENDED|31 MARCH2O2O|31 MARCH2O2O|31 MARCH2O2O||
|---|---|---|---|---|---|
||Note|RestrictedUnrestricted
2020
2020
ge|||Total
2020
e|
|Income andendowments from:||||||
|Restricted lncome-Grants Receivable||||||
|Charitable activities||||8,308,665|8,308,665|
|Othertradingactivities||||699,442|699,442|
|lnvestment income||||188,599|188,599|
|Profit on saleofland and buildings||||23,941|23,941|
|Total||||9,220,6479,220,647||
|Expenditure on:||||||
|Raisingfunds||||||
|lnvestment management fees||||19,543|19,543|
|Property management costs||||||
|Charitable activities||||||
|Housingsupport|3|||5,130,707|5,130,707|
|Strategic development|3|||228,546|228,546|
|Finance Costs||||1,802,066|1,802,066|
|Total resourcesexpended||||7,180,862|7,180,862|
|Netincoming resources before(losses/gains||||||
|oninvestments||||2,039,785|2,039,785|
|Amortisation of goodwill||||(54,544)|(54,544)|
|Netlosses on investments||||(36,030)|(36,030)|
|Netincome||||1,949,2111,949,211||
|Transfers|15|2,219,397||(2,219,397)||
|Netmovementfortheyear||2,219,397||(270,185)|1,949,211|
|Balance broughtforward at1April2019||23,981,956|140,102,614||164,084,570|
|Balancecarried forwardat 31 March2020|15|26,201,353|139,832,429||166,033,792|
##
|C|ONSOLI|DATED BALA
31MARCH|NCESHEETAS AT
2021|||
|---|---|---|---|---|---|
||Note|f|2021
e|t|e
2020|
|FIXED ASSETS||||||
|Freehold buildings|5||94,093,995||94,940,155|
|Leaeehold buildings|6||147,141,485||89,860,237|
|Land and buildings under||||||
|development
Tangible fixed assets|7
I||17,405,545
57,787||68,984,521
35,440|
|lnvestments|9||7,ggg,o12||11,069,186|
||||266,587,824||264,879,539|
|CURRENT ASSETS||||||
|Debtors and prepayments|10|2,515,022||3,930,504||
|Cash at bank|11|8,873,734||9,274,489||
|||11,388,756||13,204,993||
|LIABILITIES||||||
|Creditors: amounts falling
due within one year|12|(4,327,837)||(4,941,170)||
|NET CURRENT ASSETS|||7,060,919||8,263,823|
|TOTAL ASSETSLESSCURRENT LIABILITIES|||273,648,743||273,143,362|
|Creditors: amounts falling||||||
|due aftermorethan oneyear|13||(106,988,742)||(107,109,580)|
|NET ASSETS|||166,660,001||166,033,782|
|Unrestricted funds|||131,766,268||132,415,909|
|Designated lunds|||7,829,269||7,416,520|
|Totalunrestricted lunds|||139,595,535||139,832,429|
|Restricted funds|||27,064,466||26,201,353|
|TOTALFUNDS|14||166,660,001||166,033,782|
##
|||31MAR|CH2021|||
|---|---|---|---|---|---|
||Note|t|2021
e|t|e
2020|
|FIXEDASSETS||||||
|Freehold buildings|5||69,010,634||69,620,834|
|Leasehold buildings|6||147,141,494||89,850,237|
|Landandbuildings under||||||
|development|7||15,041,853||66,027,502|
|Tangiblefixedassets|I||57,787||35,440|
|lnvestments|9||33,948,674||37,128,848|
||||265,200,432||262,662,861|
|CURRENT ASSETS||||||
|Debtorsandprepayments|10|6,607,326||7,790,405||
|Cashatbank|11|8,446,109||9,745,099||
|||15,053,435||16,535,503||
|LIABILITIES||||||
|Creditors: amounts falling
duewithinone year|12|
(3,766,849)||(3,392,758)||
|NET CURRENTASSETS|||11,286,586||13,142,745|
|TOTAL ASSETSLESSCURRENT||LIABILITIES|276,487,019||275,805,606|
|Creditors: amounts falling||||||
|dueaftermorethanone||||||
|year|13||(106,988,742)||(107,109,580)|
|NETASSETS|||169,498,276||168,696,026|
|Unrestricted funds|||134,409,320||134,918,080|
|Designated funds|||8,024,490||7,576,593|
|Totalunrestricted funds|||143,433,809||142,494,673|
|Restricted funds|||27,064,466||26,201,353|
|TOTALFUNDS|14||169,498,276||168,696,026|
##
||Note|2021|2020|
|---|---|---|---|
|||f|E|
|Cashflows from operating activities:||||
|Net cash usedirroperatingactivities|a|3,489,485|094,903|
|Cashflowsfrominvesting activities:||||
|Dividends, interestandrentsfrominvestments||58,654|188,599|
|Proceeds from the saleofproperty, plant and equipment||1,570,206|1,364,983|
|Purchase of property,plantand equipment||(8,446,088)|(17,929,431)|
|Proceeds from sale of investments||3,098,174|13,337,992|
|Netcash used in investing activities||(3,719,054)|(2,937,857)|
|Cashflows fromfinanc!ngactivities:||||
|Repayments of borrowing||(171,166)|(50,328)|
|Net cash provided byfinancingactivities||(171,166)|(50,328)|
|Gashand cashequivalents:||||
|Changeinthereporting period||(400,755)|(2,293,221)|
|Balance broughtforwardat1April||9,274,489|11,567,710|
|Cash and cashequivalentsattheend ofthe||||
|reporting period||8,873,734|9,274,489|
|Note||||
|a.Reconciliation of cash flows from operatingactivities||||
|Net income forthereporting period||626,219|1,949,211|
|Adjustmentsfor:||||
|Depreciation charges||2,371,796|1,431,187|
|Amortisationofcostsofraising finance||76,272|59,927|
|Losses on investments||5,729|36,030|
|Dividends, interestandrentsfrominvestments||(58,654)|(188,599)|
|Profit on the saleoffixed assels||(334,046)|(23,941)|
|lncrease/(Decrease) in debtors||1,415,482|(1,206,352)|
|(Decrease)/lncrease in creditors||(613,333)|(1,362,500)|
|Netcashused inoperating activities||3,489,465|694,963|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|RESOURCES EXPENDED|2021||2020||
|---|---|---|---|---|
||Groupt|Charityt|Group
E|Charityt|
|Charitableactivities|||||
|Housingsupport costs|||||
|Staff costs|855,160|234,205|697,603|513,252|
|Grants payable|45,149|10,000|135,519|660,050|
|Direct costs|3,153,780|2,488,771|2,027,963|1,780,704|
|Property management|786,900|614,494|651,830|504,842|
|Office costs|68,381|53,071|75,724|55,732|
|Legal andprofessionalfees|112,342|195,944|94,599|71,555|
|Support costs|6,141|29,549|16,306|29,351|
|Auditfees|20,800|18,514|20,340|33,880|
|Depreciation :buildings|2,395,337|1,974,020|1,410,823|1,287,223|
||7,443,990|5,518,568|5,130,707|4,936,589|
##
##
##
|ESOURCES EXPENDED(conti|nued)|||||
|---|---|---|---|---|---|
|||2021||2020||
||Group||Charity|Group|Charity|
||q||E|E|s|
|Strategic developmentcosts
Staff costs|19,639||324,711|27,299|27,345|
|Direct costs|18,372|||||
|Office costs|94,431||73,579|92,448|64,867|
|Legal and professionalfees|135,529||34,323|83,160|77,492|
|Audit fees|3,200||3,200|3,120|3,120|
|Other|8,481||25,181|22,519|40,693|
||279,651||460,994|228,546|213,517|
||2021|||2020||
|---|---|---|---|---|---|
|Grants comprise:|GroupI|Charity
q|Groupt||Charityt|
|Paidinthe year|45,149|129,441|135,519||831,193|
##
||YEARENDED31 MARC|H2O21(continued)||
|---|---|---|---|
|4.|STAFFCOSTS|2021|2020|
|||e|e|
||Gross salaries|845,836|753,714|
||Employer's Nlcontributions|102,363|90,171|
||Employer's pension contributions|127,503|89,288|
|||1,075,702|933,173|
||Key management benefits|560,003|577,845|
||202
1|2020|
|---|---|---|
|t60,000-f69,999|1||
|€70,000 -f79,999||;|
|t80,000-[89,999|1||
|€90,000 -f99,999|1||
|[100,000-t109,999|1|;|
|e140,000-t149,999|1|1|
##
##
||YEARENDED31 M|ARCH 2021(continued)|||
|---|---|---|---|---|
|5.|FREEHOLDLAND AND BUILDINGS:|GROUP|||
|||Land
t|BuildingsI|Total
t|
||COST||||
||Cost at1April2020|37,575,498|60,498,310|98,073,808|
||Additions||605,793|605,793|
||Disposals|(314,286)|(307,863)|(622,149)|
||Completions||||
||Gost at 31 March2021|37,261,212|60,796,239|99,057,451|
||DEPRECIATION||||
||Balance at1April2020||3,133,653|3,133,653|
||Chargeinthe year||829,804|829,804|
||Bafance at 31March2021||3,963,457|3,963,457|
||Netbook valueat 31March2021|37,261,212|56,932,793|94,093,995|
||Netbookvalue at31March2020|37,575,498|57,364,657|94,940,155|
||FREEHOLDLAND AND BUILDINGS:|CHARITY|||
|||Land
I|Buildings
g|Total
€|
||COST||||
||Costat1April2020|16,667,249|55,665,279|72,332,528|
||Additions||544,119|544,118|
||Disposals|(314,286)|(101,687)|(415,973)|
||Completions||||
||Costat31March2021|16,352,963|56,107,710|72,460,673|
||DEPRECIATION||||
||Balanceat1April2020||2,711,694|2,711,694|
||Chargeinthe year||745,039|745,039|
||Disposals||(6,694)|(6,694)|
||Bafance at31March2021||3,450,039|3,450,039|
||Netbook valueat 31March2021|16,352,963|52,657,671|69,010,634|
||Net book value at31March2020|16,667,249|52,953,595|69,620,934|
##
##
##
##
##
##
##
##
|||Buildings||
|---|---|---|---|
|||under||
||Land
€|development
E|Totalf|
|Cost at1April2020|7,041,749|61,942,772|68,984,521|
|Additions||7,496,307|7,496,307|
|Completions||(59,075,284)|(59,075,284)|
|Costat 31 March2021|7,O41,749|10,363,796|17,405,545|
|LAND AND BUILDINGS UNDER DEVELOPMENT: CHARITY||||
|||Buildings||
|||under||
||Landt|development
€|Totalt|
|Cost at1April2020|7,041,749|58,985,753|66,027,502|
|Additions||8,089,634|8,089,634|
|Completions||(59,075,283)|(59,075,283)|
|Costat 31 March2021|7,041,749|9,000,104|15,041,853|
##
##
##
||Office|Computer|Total|
|---|---|---|---|
||lmprovements|and Office||
|||Equipment||
||E|E|E|
|COST||||
|Cost at1April2020|29,354|64,868|94,222|
|Additions|43,212|14,435|57,647|
|Disposal||(530)|(530)|
|Costat 31March2021|72,566|78,773|151,339|
|DEPRECIATION||||
|Balanceat1April2020|13,755|45,026|58,781|
|Chargeinthe year|16,314|'18,647|34,961|
|Disposal||(1e0)|(1eo)|
|Balance at 31March2021|30,069|63,483|93,552|
|Netbook valueat 31March2021|42,497|15,290|57,787|
|Net bookvalue at 31March2020|15,599|19,841|35,440|
##
##
##
|FIXEDASSET INVESTMENTS:GROUP|||
|---|---|---|
||2021
t|2020
t|
|Marketvalue at1April|1,205,729|5,441,759|
|Additions|||
|Disposals|(1,200,000)|(4,200,000)|
|Unrealisedlosses|(5,729)|(36,030)|
|Marketvalueat 31 March||1,205,729|
|Cashheld asaninvestment|7,889,012|9,863,457|
|Total market valueat 31 March|7,889,012|11,069,186|
|Historical cost at31March|7,889,012|11,069,945|
|Market valuesat 31 March areanalysedas:|2021t|2020t|
|Bonds||1,205,729|
|Cash|7,889,012|9,863,457|
||7,ggg,o12|1 1,069,186|
|FIXEDASSET INVESTMENTS: CHARITY|||
||2021t|2020
€|
|Market value at1April|27,265,391|31,501,421|
|Additions|||
|Disposals|(1,200,000)|(4,200,000)|
|U nrealised gains/(losses)|(5,729)|(36,030)|
|Market valueat 31 March|26,059,662|27,265,391|
|Cashheld as an investment|7,889,012|9,863,457|
|Totalmarket valueat 31 March|33,948,674|37,128,848|
|Historicalcost at31March|30,636,352|33,843,204|
##
##
##
|IXEDASSETINVESTMENTS: GHARITY(Continued)|||
|---|---|---|
|Marketvaluesat 31March2021areanalysedas:|2021f|2020f|
|Bonds||1,205,729|
|lnvestmentinsubsidiaries|100|100|
|PurchaseofShares|26,059,562|26,059,562|
|Cash|7,889,012|9,863,457|
||33,948,674|37,128,848|
|||2021I|2020
e|
|---|---|---|---|
|Cash||7,889,012|9,963,457|
|Subsidiaries||||
||DSF|Dolphin|Hoxton|
||Developments|Living|Regeneration|
||Limited|Limited|Limited|
|CompanyNumber|8327131|32446R|597445|
|lncorporation|England|England|England|
|Shareholding|100%|100%|100%|
||2021
t|2021I|2021
E|
|Assets|2,062,946|987,918|23,206,243|
|Liabilities|(2,062,846)|(522,706)|(4,415,127)|
|Fund/net assets|100|421,590|18,791,116|
|lncome|(2,045,010)|(1,551,573)|(1,036,142)|
|Expenditure|2,045,010|1,548,880|1,036,142|
|ProfiV(loss)||2,693||
##
##
##
|DEBTORS||||||
|---|---|---|---|---|---|
|||2021||2020||
|||g||e||
||Group||Charity|Group|Charity|
|Tradedebtors|1,396,076|||1,202,837||
|Otherdebtors|781,733||913,231|995,319|1,147,487|
|Prepayments|337,213||335,424|189,848|187,950|
|lntra group debts|||5,358,671||4,912,468|
|Downham Road LtdLoan||||1,542,500|1,542,500|
||2,515,022||6,607,326|3,930,504|7,790,405|
##
##
##
|YEAR|ENDED31MARCH 2021(continued|ENDED31MARCH 2021(continued|)||
|---|---|---|---|---|
|12.CREDITORS: AMOUNTS|FALLINGDUE WITHIN ONEYEAR||||
||2021
I||2020
E||
||Group|Gharity|Group|Charity|
|Trade creditors|1,666,578|1,883,043|1,437,318|93,359|
|Development creditors|||||
|Socialsecurity&other taxes|22,095|20,133|22,912|22,912|
|VAT|7,499|7,488|52,614|52,614|
|Accruals|1,052,949|1,018,227|1,456,827|1,407,265|
|Development retentions|646,472||1,301,386||
|Loans|||||
|Intercompany creditors
Other creditors|932,355|g37,g5g|670,113|1,199,113
617,495|
||4,327,837|3,766,949|4,941,170|3,392,759|
|13.CREDITORS:AMOUNTS|FALLINGDUEAFTERMORETHAN
2021
It|ONEYEAR|2020|
|---|---|---|---|
|Amountsdue:
Onetotwo years|Group
g5,g0g
Charity
85,808|Group
81,056|Charity
81,056|
|Two to five years|389,346
389,346|369,087|369,087|
|More than five years|106,513,588
106,513,588|106,659,437|106,659,437|
||106,988,742 106,999,742|107,109,590107,109,590||
##
##
|14.
MOVEMENTONRESERVES: GROUP|14.
MOVEMENTONRESERVES: GROUP|14.
MOVEMENTONRESERVES: GROUP||||
|---|---|---|---|---|---|
||Balance
1April
2o2O
€€|Surplus/
(deficit)|Netlosses
on
lnvestmentst|Transfer
t|Balance
31 March
2021
E|
|Unrestricted
funds|132,415,909|162,350|(5,729)|(806,264)131,766,266||
|Designated funds||||||
|WHOA fund|5,680,847|(35,149)|||5,645,698|
|Sinking fund|1,735,673|||447,897|2,183,570|
|Totalunrestricted||||||
|funds|139,832,429|127,201|(5,729)|(358,367)|139,595,534|
|Restricted Funds|26,201,353|504,747||358,367|27,064,467|
||166,033,782631,948||(5,729)||166,660,001|
|MOVEMENTONRESERVES: GROUP||||||
||Balance
1April
2019
se|Surplus/
(deficit)|Netlosses
on
lnvestments
c|Transfer
c|Balance
31 March
2020
€|
|Unrestricted||||||
|funds|133,336,876|2,110,711|(36,030)|(2,995,648)|132,415,909|
|Designated funds||||||
|WHOA fund|5,477,962|(125,469)||328,354|5,680,847|
|Sinking fund|1,287,776|||447,897|1,735,673|
|Totalunrestricted||||||
|funds|140,102,614|1,985,241|(36,030)|(2,219,397)|139,832,429|
|Restricted Funds|23,981,956|||2,219,397|26,201,353|
||164,084,570|1,985,241|(36,030)||166,033,792|
|MOVEMENTON RESERVES: CHARITY||||||
||Balance
1April
2o2o
8f|Surplus/
(deficit)|Netlosses
on
Investmentst|Transfer
t|Balance
31 March
2021t|
|Unrestricted
funds|134,918,080303,232||(5,729)|(806,264)|134,409,319|
|Designated funds
WHOAfund
Sinkingfund|
5,840,921
1,735,673|||447,897|5,840,921
2,183,570|
|Totalunrestricted||||||
|funds|142,494,674|303,232|(5,729)|(358,367)|142,433,910|
|Restricted Funds|26,201,353|504,747||358,367|27,064,466|
||169,696,027807,978||(5,729)||169,499,276|
##
|MOVEMENTON RESERVES: CHARITY|MOVEMENTON RESERVES: CHARITY|MOVEMENTON RESERVES: CHARITY||||
|---|---|---|---|---|---|
||Balance
1April
2019
E€|Surplus/
(deficit)|Netlosses
on
lnvestments
E|Transfer
t|Balance
31 March
2020
€|
|Unrestricted
funds|136,325,746|1,624,013|(36,030)|(2,995,648)|134,918,080|
|Designated funds
WHOAfund
Sinkingfund|
5,512,566
1,287,776|||328,355
447,997|5,84A,921
1,735,673|
|Totalunrestricted||||||
|funds|143,126,087|1,624,013|(36,030)|(2,219,397)|142,494,674|
|Restricted Funds|23,981,957|||2,219,397|26,201,353|
||167,108,044|1,624,013|(36,030)||168,696,027|
##
##
|15.|NET ASSETSACROSS|FUNDS: GROUP|||
|---|---|---|---|---|
|||Restricted|Designated|Unrestricted|
|||Funds|Funds|Funds|
|||2021|2021|2021|
||Fixedassets|g
27,064,466|E|€
239,523,459|
||Current assets||7,829,268|3,559,488|
||Liabilities|||(111,316,579)|
||TotalFunds|27,064,466|7,829,268|
131,766,269|
||NETASSETS ACROSSFUNDS: CHARITY||||
|||Restricted|Designated|Unrestricted|
|||Funds|Funds|Funds|
|||2021|2021|2021|
||Fixedassets|g
27,064,466|s|e
238,135,966|
||Current assets||8,024,490|7,029,945|
||Liabilities|||(110,755,591)|
||TotalFunds|27,064,466|8,024,490|
134,409,319|
||NETASSETS ACROSSFUNDS: GROUP||||
|||Restricted|Designated|Unrestricted|
|||Funds|Funds|Funds|
|||2020t|2020
E|2020
E|
||Fixedassets|26,201,353||238,678,186|
||Current assets||7,416,520|5,788,473|
||Liabilities|||(112,050,750)|
||TotalFunds|26,201,353|7,416,520|132,415,909|
||NETASSETS ACROSS|FUNDS:CHARITY|||
|||Restricted|Designated|Unrestricted|
|||Funds|Funds|Funds|
|||2020t|2020
e|2020I|
||Fixedassets|26,201,353||236,461,508|
||Assets||7,576,593|8,959,910|
||Liabilities|||(110,502,338)|
||TotalFunds|26,201,353|7,576,593|134,918,080|
##
##
##
##
##
|OPERATING LEASE:GROUPANDCHARITY
Lease paymentswithinoneyear
Lease payments later than oneyearnot laterthanfiveyears|2021
t0
58,220
177,136|2o2o
79,772|
|---|---|---|
|he Charity andtheGroup:||||
|---|---|---|---|
|2021|2021|2020|2020|
|Authorisedt|Contractedt|Authorisedt|Contractedt|
|Capitalcommitments6,757,6254,213,796||10,271,2848,343,643||