| Contents | ||||
|---|---|---|---|---|
| Reference and Administration | Information | |||
| Objectives and Activities | ||||
| Background to The Springhead | Trust | |||
| Mission, Objectives and Activities | ||||
| Public Benefit | ||||
| Principal Achievements of |
2021 | |||
| Impact ofCovid-19 Pandemic | ||||
| Education Facilities and Activities |
||||
| Protecting and Conserving the Natural |
Environment | |||
| Community Use and Support |
||||
| Conserving Buildings and Grounds |
||||
| Our Supporters | ||||
| Plans for 2022 and Beyond | ||||
| Continuing Covid-19 Uncertainty |
||||
| Fundraising | ||||
| Staffing | ||||
| Capital Projects | ||||
| Activities | ||||
| Learning | ||||
| Structure, Governance and |
Management | |||
| Governing Document |
||||
| The Board of Directors | ||||
| Board of Directcrs Induction | Policy | |||
| Management Committee |
||||
| Risk Management | 10 | |||
| Staffing | 10 | |||
| Volunteers and Friends |
10 | |||
| Legal | 10 | |||
| Financial Management and |
Reporting | 10 | ||
| Review of Financial Statements | 11a | |||
| Reserves Policy | 11a | |||
| Investment Policy |
11a | |||
| Statement ofDirectors' Responsibilities |
11a | |||
| Reporting Accountant's Statement |
11b | |||
| Financial Statements | ||||
| Statement offinancial activity |
12 | |||
| Balance Sheet as of31 December 2021 | 13 | |||
| Notes to the financial statements | 14-19 |
| for t | he year ended | 31December | 20 | 21 | ||||
|---|---|---|---|---|---|---|---|---|
| Notes | Total | Total | ||||||
| 2021 | 2020 | |||||||
| E | 6 | |||||||
| Incoming Resources | ||||||||
| Incoming Resources generated | from funds | |||||||
| Voluntary Income |
2 | 202,581 | 178,835 | |||||
| Activities for generating | funds | 3 | 36,896 | 777 | ||||
| Investment Income |
8 | 17 | ||||||
| Incoming resources from Charitable | Activities | 5 | 45,978 | 9,248 | ||||
| Other Incoming resources —Roof Project | 79,124 | |||||||
| Total Incoming resources | 364,587 | 188,877 | ||||||
| Resources expended | ||||||||
| Cost of generating funds |
||||||||
| Cost of generating voluntary |
income | 6 | 67,692 | 58,577 | ||||
| Activities for generating | funds | costs | 7 | 51,512 | 17,529 | |||
| Investment management |
costs | 8 | 0 | 0 | ||||
| Charitable Activities |
9 | 147,973 | 121,687 | |||||
| Governance costs |
10 | 8,681 | 6,184 | |||||
| Other Recources expended —Roof | Project | 75,872 | 0 | |||||
| Total resources expended | 351,730 | 203,977 | ||||||
| Net incoming/ (outgoing) |
resources | before | ||||||
| transfers | 12,857 | -15,100 | ||||||
| Transfers | ||||||||
| Net movement in funds |
12,857 | -15,100 | ||||||
| Balances brought forward at |
1 | Jan 2021 | 1,578,013 | 1,593,113 | ||||
| Balances carried forward at 31Dec 2021 | 1,590,870 | 1,578,013 |
| 2021 | 2020 | |||||||
|---|---|---|---|---|---|---|---|---|
| Notes | 6 | 6 | E | |||||
| Fixed Assets | ||||||||
| Tangible | Fixed assets | 12 | 1,607,625 | 1,612,631 | ||||
| Current | Assets | |||||||
| Debtors | 13 | 14,922 | 4,652 | |||||
| Cash in | hand and at | bank | 103,549 | 77,925 | ||||
| 118,471 | 82,577 | |||||||
| Liabilities: Amounts | falling due within one | |||||||
| year | 14 | 135,226 | 117,195 | |||||
| NET CURRENT ASSETS | -16,755 | -34,618 | ||||||
| TOTAL | ASSETSLESSCURRENT | |||||||
| LIABILITIES | 1,590,870 | 1,578,013 | ||||||
| NET ASSETS | 1,590,870 | 1,578,013 | ||||||
| FUNDS | ||||||||
| Freehold | Property fund | 1,562,573 | 1,562,573 | |||||
| General | unrestricted | funds | 15 | 23,295 | 15,440 | |||
| Restricted | 16 | 5,002 | 0 | |||||
| TOTAL | FUNDS | 17 | 1,590,870 | 1,578,013 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| Rent Receivable | 0 | 0 | ||
| Bank Interest | 8 | 17 | ||
| 8 | 17 | |||
| INCOMING RESOURCES FROM CHARITABLE ACTIVITIES | ||||
| 2021 | 2020 | |||
| Courses | 0 | 0 | ||
| Springhead | House | 8,910 | 7,900 | |
| Residential | courses | and hirings | 20,630 | 133 |
| Day use | 975 | 225 | ||
| Schools educational | programmes | 15,276 | -50 | |
| Charitable | Events | 187 | 1 040 | |
| 45,978 | 9,248 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| 6 | 6 | |||
| Fundraising | costs | 21,850 | 15,800 | |
| Consultancy | 0 | 1,025 | ||
| Coronavirus | Job Retention Scheme | 9,047 | 18,379 | |
| Support | Costs | 36675 | 23373 | |
| 67,692 | 58,577 | |||
| RATING | FUNDS | |||
| 2021 | 2020 | |||
| f | 6 | |||
| Advertising | 0 | 0 | ||
| Support | Costs | ~15 2 | 17529 | |
| 51,512 | 17,529 |
| Support cost | Voluntary | Generating | Investment | Charitable | Governance | Total 2021 | |
|---|---|---|---|---|---|---|---|
| type | Income | funds costs | costs | Activities | costs | ||
| cost | costs | ||||||
| 20 | 28 | 50 | |||||
| Staff | 14,943 | 20,920 | 37,356 | 1,494 | 74,713 | ||
| Premises | 19,232 | 26,923 | 48,080 | 1,924 | 96,159 | ||
| Depreciation | 1,001 | 1,402 | 2,503 | 100 | 5,006 | ||
| 0 ice costs | 1,339 | 1,875 | 3,347 | 134 | 6,695 | ||
| Travei | 280 | 392 | 701 | 28 | 1,401 | ||
| otal | 36,795 | 51,512 | 0 | 91,987 | 3,680 | 183,974 |
| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| 5 | ||||||
| Salaries | 74,713 | 55,368 | ||||
| Salaries Fundraising | 19,550 | 14,000 | ||||
| Coronavirus | Job Retention Scheme | 9047 | ~179 | |||
| 103,310 | 87,747 | |||||
| number ofemployees | analysed | by function was: | ||||
| 2021 | 2020 | |||||
| Fundraising | 1 | |||||
| Charitable | activities | 4 | ||||
| 5 |
| TANGIBLE FIXEDASSETS | ||||
|---|---|---|---|---|
| Freehold | Fixtures & | Total 2021 | ||
| Property | Equipment | |||
| 2 | ||||
| Cost | 1,562,573 | 72,329 | 1,634,902 | |
| Additions | 0 | |||
| Disposals | 0 | |||
| 31 Dec2021 | 1 562 573 | 72 329 | 1,634.902 | |
| Depreciation | 0 | 22,271 | 22,271 | |
| Charge for the year | 5,006 | 5,006 | ||
| . | On disposals | 0 | ||
| 31 Dec2021 | 0 | 27277 | 27277 | |
| Net book value 31/12/21 | I 562 573 | 45 052 | I 60?625 | |
| Net book value 01/01/21 | 1662573 | 5110511 | 1612631 |
| 13 | DEBTORS | |||||
|---|---|---|---|---|---|---|
| 2021f | 2020 | |||||
| Prepayments | 0 | 0 | ||||
| Debtors: VAT refund | 13,552 | 3,442 | ||||
| Accounts receivable | 1,370 | 1,210 | ||||
| 14,922 | 4,652 | |||||
| 14 | LIABILITIES FALLING DUE WITHIN ONE YEAR | |||||
| 2021 | 2020f | |||||
| Trade creditors | 38,324 | 18,439 | ||||
| Deposits and Payments | In Hand | 54,010 | 53,860 | |||
| Pupil Premium | paid | in advance | 6,200 | 6,200 | ||
| Turbine Loan |
0 | 2,000 | ||||
| Social security | 8 VAT | 1,692 | 1,696 | |||
| Short Term Loans | 35,000 | 35,000 | ||||
| 135,226 | 117,195 |
| Balances | Income | Expenditure | Transfers | Balances | |||
|---|---|---|---|---|---|---|---|
| 01Jan | 31 Dec | ||||||
| 2021 | 2021 | ||||||
| Restricted Funds | |||||||
| Roof Project | 79,124 | 75,872 | 3,252 | ||||
| BWhatmore-Biodiversity | 1,750 | 1,750 | |||||
| Freehold Property Fund | 1,562,573 | 1,562,573 | |||||
| Accumulation | Fund | 15,440 | 283,713 | 275,858 | 23,295 | ||
| Total Funds | 1,578,013 | 364,587 | 351,730 | 0 | 1,590,870 | ||
| Funds are represented | on the balance sheet | by: | |||||
| 2021 | 2020 | ||||||
| F- | |||||||
| Fixed assets | 1,607,625 | 1,612,631 | |||||
| Net current assets | ~6755 | ~3461 | |||||
| 1,590,870 | 1,578,013 |