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2022-12-31-accounts

Reference and Administration Reference and Administration Reference and Administration Information Information
Objectives and Activities
Background to The Springhead Trust
Mission, Objectives and Activities
Public Benefit
Principal Achievements of 2022
Continuing
Impact ofCovid-19 Pandemic
Capital Works
Educational
Activities
Protecting
and Conserving
the Natural
Environment
Community
Use and Support
Conserving
Buildings and Grounds
Our Supporters
Staffing
Plans for 2023and Beyond
Fundraising
Staffing
Activities
Learning
Marketing 10
Structure, Governance and Management 10
Governing
Document
10
The Board ofDirectors 10
Board ofDirectors Induction Policy 10
Management
Committee
10
Risk Management 10
Stetting 10
Volunteers
and Friends
Legal
Financial
Management
and Reporting
Review of Financial Statements
Reserves Policy
Investment
Policy
Statement ofDirectors' Responsibilities 12
Reporting Accountant's Statement 13
Statement offinancial
activity
14
Balance Sheet as of31 December 2022 15
Notes to the financial statements 16-21

Notes Total Total
2022f 2021
E
incoming Resources
Incoming Resources generated from funds
Voluntary
Income
2 59,557 202,581
Activities for generating
funds
3 62,875 36,896
Investment
Income
4 88
Incoming resources from Charitable Activities 5 106,316 45,978
Other Incoming resources —Roof Project 1,140 79,124
Total Incoming resources 229,976 364,587
Resources expended
Cost ofgenerating
funds
Cost ofgenerating
voluntary
income 6 26,966 67,692
Activities for generating
funds
costs 7 57,787 51,512
Investment
management
costs
8 0 0
Charitable
Activities
9 157,064 147,973
Governance
costs
10 10,669 8,681
Other Resources expended —Roof Project 1,834 75,872
Totalresources
expended
254,320 351,730
Net incoming/
(outgoing) resources
before
transfers -24,344 12,857
Transfers
Net movement
in funds
-24,344 12,857
Balances brought
forward at
1 Jan 2022 1,590,870 1,578,013
Balances carried forward at 31Dec 2022 1,566,526 1,590,870

2022 2021
Notes 6 6 6 6
Fixed Assets
Tangible Fixed assets 1,603,120 1,607,625
Current Assets
Debtors 13 4,723 14,922
Cash in hand and at bank 18,675 103,549
23,398 118,471
Liabilities: Amounts falling due within one
year 14 59,992 135,226
NET CURRENT ASSETS -36,594 -16,755
TOTAL ASSETSLESSCURRENT
LIABILITIES 1,566,526 1,590,870
NET ASSETS 1,566,526 1,590,870
FUNDS
Freehold
Properly fund
1,562,573 1,562,573
General unrestricted funds 15 -355 23,295
Restricted 16 4,308 5,002
TOTAL FUNDS 17 1,566,526 1,590,870

2022 2021
Rent Receivable 0 0
Bank Interest 88 8
88 8
5 INCOMING RESOURCES FROM CHARITABLE ACTIVITIES
2022 2021
F-
Courses 0 0
Springhead House 14,090 8,910
Residential courses and hirings 47,835 20,630
Day use 550 975
Schools educational programmes 43,475 15,276
Charitable Events 366 187
106,316 45,978
6 COST OF GENERATING VOLUNTARY INCOME
2022 2021
Fundraising costs 700 21,850
Consultancy 0
Coronavirus Job Retention Scheme 0 9,047
Support Costs 26 266 36795
26,966 67,692
7 COSTS OF GENERATING FUNDS
2022 2021
6 6
Advertising 0 0
Support Costs 57787 51 512
57,787 51,512

2022 2021
Supportcosts 0 0
LE ACTIVITIES COSTS
2022 2021
F 6
Charitable
Events
0 0
Educational
Consultancy
10,487 2,619
Equipment 445 1,607
Training
&safety
245 1,422
Licenses and permits 1,498 1,383
Garden
Maintenance
20,786 27,034
Catering
supplies
11,060 6,894
Cleaning
8 laundry
19,465 9,881
Advertising
and Promotion
5,525 5,146
Support costs 87553 91987
157,064 147,973
NCE COSTS
2022 2021
Accountancy 4,307 4,947
Legal Fees 2,758 0
Other governance costs 102 54
Support costs 3502 3680
10,669 8,681

Support cost Voluntary Generating Investment Charitable Governance Total 2022
type Income funds costs costs Activities costs
cost costs
15 33 50
Staff 18,136 39,899 60,452 2,418 120,905
Premises 6,238 13,724 20,794 832 41,588
Depreciation 676 1,487 2,252 90 4,505
Office costs 1,103 2,427 3,677 147 7,354
Travel 113 250 378 15 756
Total 26,266 57,787 0 87,553 3,502 175,108

2022 2021
F
Salades 120,905 74,713
Salaries Fundraising 0 19,550
Coronavirus Job Retention Scheme 0 9047
120,905 103,310
The average number ofemployees analysed by function was:
2022 2021
Fundraising
Charitable activities
TANGIBLE FIXEDASSETS
Freehold Fixtures 8 Total 2022
Property Equipment
6 E
Cost 1,562,573 72,329 1,634,902
Additions 0
Disposals 0
31 Dec2022 I 562 573 72 329 I 534 902
Depreciation 0 27,277 27,277
Charge for the year 4,505 4,505
On disposals 0
31 Dec2022 0 31 7112 31 752
Net book value 31/12/22 I 562 573 40 547 1 603 120
Net book value 01/01/22 1 562573 45052 1 607 625

Balances Income Expenditure Transfers Balances
01 Jan 31 Dec
2022 2022
Restricted Funds
Roof Project 3,252 1,140 1,834 2,558
BWhatmore-Biodiversi 1,750 1,750
Freehold Property Fund 1,562,573 1,562,573
ccumulation Fund 23,295 228,836 252,486 -355
Total Funds 1,590,870 229,976 254,320 0 1,566,526
Funds are represented on the balance sheet by:
2022 2021
Fixed assets 1,603,120 1,607,625
Net current assets -36594 -16755
1,566,526 1,590,870