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2022-03-31-accounts

Page
Trustees' annual
report (incorporating
the director's report) 1
Independent
examiner's
report to the
trustees
Statement of financial activities (including income and expenditure
account)
Statement of financial position
Notes to the financial statements

The trustees, The trustees, The trustees, who are who are also the directors
for the purposes
of company law, present their report and the unaudited
financial statements of the charity for the year ended 31 March 2022 .
Reference and administrative details
Registered charity name Friends ofthe Cotswolds
Charity registration number 1115119
Company registration number 03650374
Principal office and registered 3The Green
office Northleach
Cheltenham
Gloucestershire
G554 3EX
The trustees
Mr H A Acland
Mr P C Blacker
Mrs L A Chandler-Mullins
Mrs K Farquhar-Thomson
Mr C Hancock
Mrs KJ Morgan
Mr SJ C Randall
Dr D Rockey
L C AJTabor
Mr AG Wade
Independent examiner McGills
Oakley House
Tetbury
Road
Cirencester
Gloucestershire
G57 IUS

Year ended 31 March 2022
2022 2021
Unrestricted Restricted
funds funds Total funds Total funds
Note f
Income and endowments
Donations
and
legacies 5 10,255 15,000 25,255 55,447
Charitable
activities
6 46,003 46,003 46,866
Other income 7 32,329 32,329 44,123
Total income 88,587 15,000 103,587 146,436
Expenditure
Expenditure
on
raising funds:
Costs of other trading activities 8 7,995 7,995 6,200
Expenditure
on
charitable activities 9 88,740 26,959 115,699 153,299
Total expenditure 96,735 26,959 123,694 159,499
Net expenditure and net movement in
funds ( 8,148) ( 11,959) ( 20,107) ( 13,063)
Reconciliation offunds
Total funds brought
forward
261,571 95,432 357,003 370,066
Total funds carried forward 253,423 83,473 336,896 357,003

31 March 2022
2022 2021
Note
Fixed assets
Heritage assets 13 563,649 579,638
Current assets
Debtors 14 9,214 4,012
Cash at bank and in hand 132,341 168,739
141,555 172,751
Creditors: amounts falling due within one year 15 41,021 41,099
Net current assets 100,534 131,652
Total assets less current liabilities 664,183 711,290
Creditors: amounts falling due after more than one
year 16 327,287 354,287
Net assets 336,896 357,003
Funds ofthe charity
Restricted
funds
83,473 95,432
Unrestricted
funds
253,423 261,571
Total charity funds 17 336,896 357,003

5.Donations and lega cies
Unrestricted Restricted
Total
Funds
Funds Funds 2022
6
Donations
Cultural Recovery Fund
Cotswold District Council Covid Grant
Other donations
and gift aid
10,084 15,000 25,084
Membership subscriptions 171 171
10,255 15,000 25,255
Unrestricted Restricted
Total
Funds
Funds Funds 2021
6 6 6
Donations
Cultural Recovery Fund 38,400 38,400
Cotswold District Council Covid Grant 12,000 12,000
Other donations
and gift aid
4,870 4,870
Membership subscriptions 177 177
17,047 38,400 55,447
6.Charitable activities
Unrestricted Total Funds Unrestricted
Total
Funds
Funds 2022 Funds 2021
6
Rental income 27,697 27,697 27,697 27,697
Cafe income 18,306 18,306 18,870 18,870
Sale of books and Christmas cards 299 299
46,003 46,003 46,866 46,866

7.Other income
Unrestricted Total Funds Unrestricted Total Funds
Funds 2022 Funds 2021
6
Insurance refund 32,329 32,329 44,123 44,123
8.Costs ofother trading activities
Unrestricted Total Funds Unrestricted Total Funds
Funds 2022 Funds 2021
f
Raising funds 7,995 7,995 6,200 6,200
9.Expenditure on charitable activities by fund type
Unrestricted Restricted Total Funds
Funds Funds 2022
Charitable activities 57,225 18,825 76,050
Support costs 31,515 8,134 39,649
88,740 26,959 115,699
Unrestricted Restricted Total Funds
Funds Funds 2021
f f
Charitable activities 106,351 20,476 126,827
Support costs (10,379) 36,851 26,472
95,972 57,327 153,299
10.Net expenditure
Net expenditure is stated after charging/(crediting):
2022 2021
E
Depreciation
of
heritage assets 15,989 15,989
11.Independent examination fees
2022 2021
Fees payable to the independent examiner for
Independent
examination
ofthe financial statements 450 1,700

Cost or valuation Cost or valuation
At 1 April 2021 and 31 March 2022 649,726
Accumulated depreciation
At 1 April 2021 ( 70,088)
Charge for the year (15,989)
At 31 March 2022 ( 86,077)
Carrying
amount
At 31 March 2022 563,649
At 31 March 2021 579,638
Heritage assets are reported at cost.
14.Debtors
2022 2021
6
Trade debtors 7,395 3,017
Prepayments
and accrued income
1,819 995
9,214 4,012
15.Creditors: amounts falling due within one year
2022 2021
Bank loans and overdrafts 27,000 23,309
Trade creditors 8,638 13,382
Accruals and deferred income 4,441 4,408
Social security and other taxes 942
41,021 41,099
16.Creditors: amounts falling due after more than one year
2022 2021
Bank loans and overdrafts 327,287 354,287

Unrestr icte d funds
At 31 March
At 1 April 2021 Income Expenditure 2022
6 6 6
General funds 259,441 88,587 (96,735) 251,293
Leyhill prison 2,130 2,130
261,571 88,587 (96,735) 253,423
At 31 March
At 1 April 2020 Income Expenditure 2021
6 6 f
General funds 253,577 108,036 (102,172) 259,441
Leyhill prison 2,130 2,130
255,707 108,036 (102,172) 261,571
Restricted funds
At 31 March
At 1 April 2021 Income Expenditure 2022
6 6 6
CRF funded project at the Old Prison 1,549 10,000 (8, 1 34) 3,415
Cotswold craft apprenticeship scheme 92,278 5,000 (18,825) 78,453
Leyhill prison 1,263 1,263
Shepherd's hut 342
95,432 15,000 (26,959) 83,473
At 31 March
At 1 April 2020 Income Expenditure 2021
6 6
CRF funded project at the Old Prison 38,400 (36,851) 1,549
Cotswold craft apprenticeship scheme 112,754 (20,476) 92,278
Leyhill prison 1,263 1,263
Shepherd's hut 342
114,359 38,400 (57,327) 95,432

alysis o f net asse ts between funds
Unrestricted Restricted Total Funds
Funds Funds 2022
6
Tangible fixed assets 563,649 563,649
Heritage assets
Current assets 58,082 83,473 141,555
Creditors less than 1 year (41,021) (41,021)
Creditors greater than 1 year (327,287) (327,287)
Net assets 253,423 83,473 336,896
Unrestricted Restricted Total Funds
Funds Funds 2021
6 f
Tangible fixed assets
Heritage assets 579,638 579,638
Current assets 77,319 95,432 172,751
Creditors less than 1 year (41,099) (41,099)
Creditors greater than 1 year (354,287) (354,287)
Net assets 261,571 95,432 357,003