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|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|
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||||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|
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||||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|
##
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|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|