NATIONAL GALDEN SCHE ME
| Total | Unrestricted | Designated | Total | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Year to | Funds | Funds | Year to | ||||||
| 31.12.2019 | Notes | 31.12.2020 | |||||||
| Income from: | |||||||||
| 4,023,560 | Garden income |
944,888 | 0 | 944,888 | |||||
| 456,124 | Other fundraising activities |
(2) | 267,864 | 0 | 267,864 | ||||
| 140,008 | Donations | and legacies | (3) | 338,233 | 29,250 | 367,483 | |||
| 27,508 | Investment | income | (4) | 14,047 | 4,566 | 18,613 | |||
| 0 | Furlough income |
30,729 | 0 | 30,729 | |||||
| 4,647,200 | Total income | 1,595,761 | 33,816 | 1,629,577 | |||||
| Expenditure on: |
|||||||||
| 3,300,275 | Charitable | activities | (5) | 1,883 | 0 | 1,883 | |||
| 5,189 | Investment | management | fees | 6,465 | 2,049 | 8,514 | |||
| 1,115,929 | Fundraising | activities | (6) | 1,009,605 | 21,000 | 1,030,605 | |||
| 293,568 | Management | and administration | 314,336 | 0 | 314,336 | ||||
| 4,714,960 | Total expenditure | 1,332,289 | 23,049 | 1,355,338 | |||||
| (Loss) I Gain on | revaluation | ||||||||
| 83,325 | and (loss) on sale ofinvestment | assets | (81,992) | 19,258 | (62,734) | ||||
| 15,565 | Net movement | in funds | 181,480 | 30,025 | 211,505 | ||||
| 614,558 | Funds brought forward at | I | January | 2020 | 386,292 | 243,831 | 630,123 | ||
| 630,123 | Funds carried forward at | 31 | December | 567,772 | 273,856 | 841,628 | |||
| 2020 |
| 31.12.2019 | Unrestricted | Designated | 31.12.2020 | 31.12.2020 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total | Funds | Funds | Total | ||||||||
| 6 | Notes | 6 | |||||||||
| 3,064 | Fixed assets | Tangible | assets | (10) | 4,903 | 4,903 | |||||
| 41,120 | Intangible | assets | (I0) | 61,452 | 61,452 | ||||||
| 1,424,700 | Financial | assets | Investments | (I I) | 0 | 219,400 | 219,400 | ||||
| 1,468,884 | 66,355 | 219,400 | 285,755 | ||||||||
| Current assets | |||||||||||
| 3,705 | Stocks | of merchandise | 2,589 | 0 | 2,589 | ||||||
| 86,811 | Trade and | other receivables | (12) | 64,279 | 0 | 64,279 | |||||
| 2,320,174 | Cash and | cash | equivalents | (13) | 879,975 | 54,456 | 934,431 | ||||
| 2,410,690 | 946,843 | 54,456 | 1,001,299 | ||||||||
| Less: | |||||||||||
| Creditors: amounts | falling due within | one year | |||||||||
| 3,215,000 | Funds | not yet | distributed | (5) | 330,272 | 0 | 330,272 | ||||
| 34,451 | Trade and | other payables | (14) | 115,143 | 0 | 115154 | |||||
| 3,249,451 | 445,426 | 0 | 445,426 | ||||||||
| (838,761) | Net current | assets (liabilities) | 501,417 | 54,456 | 555,873 | ||||||
| 630,123 | Net assets | 567,772 | 273,856 | 841,628 | |||||||
| Represented | by: | ||||||||||
| 386,292 | Unrestricted | funds | 567,777. | 0 | 567,772 | ||||||
| 243,831 | Designated | funds | (9) | 0 | 273,856 | 273,856 | |||||
| 630,123 | 567,772 | 273,856 | 841,628 | ||||||||
| pproved byTrustees on: |
|||||||||||
| if'. | Qhl | Gl | LD~.1 | ||||||||
| Rupert Tyler) | |||||||||||
| Chairman | ofthe Board ofTrustees |
| 2019 | 2020 | |||||
|---|---|---|---|---|---|---|
| 6 | f. | |||||
| 15,565 | Net movement in funds (SOFA page 15) |
211,505 | ||||
| 3,300,275 | Add back Charitable activities |
1,883 | ||||
| 3,315,840 | Net movement in funds before Charitable |
activities | 213,388 | |||
| 47,961 | Add back depreciation charge |
40,137 | ||||
| 2,449 | Decrease (Increase) in stock |
1,116 | ||||
| (49,765) | (Increase) decrease in debtors |
22,532 | ||||
| (111,753) | (Decrease) increase in creditors |
80,703 | ||||
| 3,204,732 | Cash generated by operating act:ivities |
357,876 | ||||
| (3,068,462) | Payments to beneficiaries (note | 5) | (2,886,611) | |||
| (113,673) | Designated fund disbursements |
(2,049) | ||||
| 22,597 | Net cash (consumed) generated |
by operating | activities | (2,530,784) | ||
| Investing activities |
||||||
| (47,225) | Purchase offixed assets | (62,308) | ||||
| (1,197,723) | Purchase of investments | (81,416) | ||||
| 170,421 | Proceeds from the sale of investments | 1,288,765 | ||||
| (1,074,527) | 1,145,041 | |||||
| (1,051,930) | (Decrease) in cash and cash equivalents | in | the | year | (1,385,743) | |
| 3,372,104 | Cash at bank at I January 2020 |
2,320,174 | ||||
| 2,320,174 | Cash at bank at 31 December 2020 | 934,431 |
| 2.Other | fundraising | activities income | 2019 | 2020 |
|---|---|---|---|---|
| Advertising | revenue | 182,441 | 196,366 | |
| Fundraising | events | 127,941 | 17,129 | |
| Other income | 145,742 | 54,369 | ||
| 456,124 | 267,864 |
| 3.Donations | and | legacies |
|---|---|---|
| Unrestricted | funds | |
| Sponsorship | ||
| Donations including |
Gift Aid |
| 2019 | 2020 |
|---|---|
| 6 | 6 |
| 105,000 | 105,000 |
| 25,008 | 233,233 |
| 130,008 | 338,233 |
| 10,000 | 29,250 |
| 140,008 | 367,483 |
| 4.Investment | income |
|---|---|
| Bank interest | received |
| Income from quoted investments |
| 2019 | 2020 |
|---|---|
| 6 | 6 |
| 7,501 | 5,087 |
| 20,007 | 13,526 |
| 27,508 | 18,613 |
| Approved at |
Approved | at | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 31.12.2019 | Paid in year | Distributions | 31.12.2020 | |||||||
| Nursing Beneficiaries |
||||||||||
| The Queen's Nursing |
Institute | 370,000 | (370,000) | 0 | ||||||
| Macmillan Cancer |
Support | 500,000 | (425,000) | 75,000 | ||||||
| Marie Curie | 500,000 | (425,000) | 75,000 | |||||||
| Hospice UK | 500,000 | (425,000) | 75,000 | |||||||
| Carers Trust | 400,000 | (345,000) | 55,000 | |||||||
| Parkinson's UK |
185,000 | (157,500) | 27,500 | |||||||
| Horatio's Garden |
75,000 | (75,000) | 0 | |||||||
| Mind | 80,000 | (80,000) | 0 | |||||||
| Garden and Health | Beneficiaries | |||||||||
| Perennial | 100,000 | (85,000) | 15,000 | |||||||
| Community Gardens |
100,000 | (92,228) | 7,772 | |||||||
| Garden Museum |
10,000 | (10,000) | 0 | |||||||
| ABF The Soldiers' | Charity | 80,000 | (80,000) | 0 | ||||||
| WRAGS (Work & | Retrain as | a Gardener | Scheme) | 65,000 | (65,000) | 0 | ||||
| National Botanic |
Garden | Wales | 20,000 | (20,000) | 0 | |||||
| Professional Gardeners' |
Trust | 20,000 | (20,000) | 0 | ||||||
| Maggie's Centres | 100,000 | (100,000) | 0 | |||||||
| Well Halton | 75,000 | (75,000) | 0 | |||||||
| The Patchworking | Garden | 20,000 | (20,000) | 0 | ||||||
| Greenfingers | 15,000 | (15,000) | 0 | |||||||
| Other Beneficiaries | ||||||||||
| Local charities nominated |
by garden | owners | (1,883) | 1,883 | ||||||
| Total Funds for Distribution | 3,215,000 | (2,886,611) | 1,883 | 330,272 |
| 6.Fundraising | activities expenditure | activities expenditure | activities expenditure | 2019 | 2020 |
|---|---|---|---|---|---|
| 6 | |||||
| Garden opening |
574,928 | 557,202 | |||
| Marketing, publicity |
and fundraising | events | 541,001 | 473,403 | |
| 1,115,929 | 1,030,605 |
| indemnity insu |
rance | for its Trustees, o | fficers and employees | at a cost of 6828 ( | 2019:61,613). |
|---|---|---|---|---|---|
| Staffcosts: | 2019 | 2020 | |||
| 6 | |||||
| Salaries | 442,725 | 457,858 | |||
| Social security | and pension costs | 66,266 | 68,675 | ||
| 508,991 | 526,533 | ||||
| The average weekly number ofemployees | during the year was: | 13 | 13 | ||
| 8.Auditor's | remuneration | 6 | f. | ||
| Audit ofthe financial | statements | 4,600 | 4,600 | ||
| All other assurance | services | 1,500 | 1,800 |
| Designated | funds compr | ise th | ose funds whi | ch the Trustee | s have set asid |
e for specifc fut | ure purposes. |
|---|---|---|---|---|---|---|---|
| Incoming | Outgoing | Revaluation | |||||
| 31.12.2019 | Resources | Resources | surplus | 31.12.2020 | |||
| E | |||||||
| The NGS | Legacy Fund | 243,831 | 33,816 | (21,000) | 19,258 | 273,856 | |
| Investment | management | fees | 0 | 0 | (2,049) | 0 | 0 |
| 243,831 | 33,816 | (223.049 | 19,258 | 273,856 |
| 10.Fixed asset | s | |||
|---|---|---|---|---|
| Tangible | Intangible | Total | ||
| Equipment | Software | |||
| E | E | E | ||
| Cost at I January |
2020 | 24,704 | 116,081 | 140,785 |
| Additions in year |
5,548 | 56,760 | 62,308 | |
| Cost at 31 December 2020 | 30,252 | 172,841 | 203,093 | |
| Depreciation at |
I January 2020 | 21,640 | 74,961 | 96,601 |
| Charge in year |
3,709 | 36,428 | 40,137 | |
| Depreciation at 31 December 2020 |
25,349 | 111,389 | 136,738 | |
| Net book value at 31 December 2020 | 4,903 | 61,452 | 66,355 | |
| Net book value at 31 December 2019 | 3,064 | 41,120 | 44,184 |
| II.Financial assets | II.Financial assets | II.Financial assets | II.Financial assets | 2019 | 2020 |
|---|---|---|---|---|---|
| Unrestricted | Funds | ||||
| Investments | 6 | 6 | |||
| Fair value at | I January 2020 | 0 | 172,307 | ||
| Additions | 1,169,798 | 0 | |||
| Disposals | (50,434) | (1,090,315) | |||
| Decrease in |
value | in the year | 52,943 | (81,992) | |
| Fair value at | 31 December 2020 | 1,172,307 | |||
| Investments | at fair | value comprised: | |||
| Fixed interest | 420,729 | ||||
| UK equities | 240,636 | ||||
| Overseas equities |
263,020 | ||||
| Alternative assets |
179,289 | ||||
| Property | 68,633 | ||||
| Fair value at | 31 December 2020 | 1,172,307 | |||
| Designated | Funds | ||||
| Fair value at | I January 2020 | 298,772 | 252,393 | ||
| Additions | 27,925 | 81,416 | |||
| Disposals | (104,686) | (133,667) | |||
| Increase in value |
in the year | 30,382 | 19,258 | ||
| Fair value at | 31 December 2020 | 252,393 | 219,400 | ||
| Investments | at fair | value comprised: | |||
| Fixed interest | 39,234 | 32,654 | |||
| UK equities | 75,524 | 58,638 | |||
| Overseas equities |
95,694 | 89,325 | |||
| Alternative | assets | 29,811 | 30,000 | ||
| Property | 12,130 | 8,783 | |||
| 252,393 | 219,400 |
| 12.Trade an | d | other receivables | 2019 | 2020 |
|---|---|---|---|---|
| 6 | ||||
| Trade debtors | 14,390 | 31,319 | ||
| Prepayments | 67,390 | 32,959 | ||
| HMRC —VAT |
5,030 | 0 | ||
| NGS Enterprises Limited |
I | I | ||
| 86,811 | 64,279 | |||
| 13.Cash and | cash equivalents | 2019 | 2020 | |
| IE | 6 | |||
| Co-operative | Bank | 133,080 | 83,291 | |
| Royal London | Cash Management | 2,153,058 | 831,028 | |
| Barclays Bank | 0 | 8,511 | ||
| Investec Wealth | and Investment | 34,036 | 11,601 | |
| 2 329134 | 934431 | |||
| 14.Trade and | other payables | 2019 | 2020 | |
| 6 | g | |||
| Trade creditors | 260 | 19,801 | ||
| Accruals | 20,506 | 21,057 | ||
| HMRC - VAT | 0 | 35,741 | ||
| Deferred income and creditors |
10,034 | 34,904 | ||
| Other creditors | 3,651 | 3,651 | ||
| Unrestricted | Funds | 34,451 | 115,154 |
| 2019 | 2020 | ||
|---|---|---|---|
| Operating | lease which expires: | ||
| Within | one year | 18,846 | 18,846 |
| Within | two to five years | 50,256 | 31,410 |
| 69,102 | 50,256 |