||||Page|| |---|---|---|---|---| |Report ofthe Trustees||1|to|5| |Independent
Examiner's|Report|||| |Statement of Financial Activities||||| |Balance Sheet||8|to|9| |Cash Flow Statement|||10|| |Notes tothe Cash Flow|Statement|||| |Notes tothe Financial Statements||12|to|22| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||FOR THE|YEAR EN|DED 31 DECE|MBER 2021||| |---|---|---|---|---|---|---|---| |||||||2021|2020| |||||Unrestricted|Restricted|Total|Total| |||||fund|funds|funds|funds| ||||Notes|F|||| |INCOME AND ENDOWMENTS||FROM|||||| |Donations
and legacies||||12,851||12,851|18,316| |Charitable
activities|||||||| |Charitab! e activities||||509,233||509,233|529,814| |Other trading
activities||||698||698|488| |Investment
income||||1,345|912|2,257|3,610| |Total||||524,127|912|525,039|552,228| |EXPENDITURE ON|||||||| |Raising funds||||2,115|260|2,375|| |Charitable
activities|||||||| |Charitable
activities||||514,370||514,370|543,637| |Total||||516,485|260|516,745|543,637| |Net gains on investments||||48,859|11,603|60,462|17,535| |NET INCOME||||56,501|12,255|68,756|26,126| |RECONCILIATION|OF FUNDS||||||| |Total funds brought|forward|||1,082,118|99,636|1,181,754|1,155,628| |TOTAL FUNDS CARRIED FORWARD||||1,138,619|111,891|1,250,510|1,181,754| ## |||BALANCE SHEET||| |---|---|---|---|---| |||31 DECEMBER 2021||| ||||2021|2020| |||Notes|F|E| |FIXEDASSETS||||| |Tangible assets||13|508,598|509,580| |investments||14|676,990|618,903| ||||1,185,588|1,128,483| |CURRENT ASSETS||||| |Debtors
Cash at bank and|in hand|15|8,718
139,388|9,361
114,248| ||||148,106|123,609| |CREDITORS||||| |Amounts
falling due within one year||16|(83,184)|(70,338)| |NET CURRENT ASSETS|||64,922|53,271| |TOTAL ASSETS|LESSCURRENT|||| |LIABILITIES|||1,250,510|1,181,754| |NET ASSETS|||1,250,510|1,181,754| |FUNDS||18||| |Unrestdcted
funds
Restricted funds|||1,138,619
111,891|1,082,118
99,636| |TOTAL FUNDS|||1,250,510|1,'l81,754| ## ## ## |||||2021|2020| |---|---|---|---|---|---| ||||Notes||E| |Cash flows from|operating|activities|||| |Cash generated
from operations||||21,025|19,400| |Net cash provided|by operating
activities|||21,025|19,400| |Cash flows from|investing|activities|||| |Purchase oftangible
fixed assets||||(517)|(1,986)| |Sale offixed asset investments||||2,375|| |Interest received||||2,257|3,610| |Net cash provided|by investing
activities|||4,115|1,624| |Change
in cash|and cash|equivalents|||| |in the reporting|period|||25,140|21,024| |Cash and cash equivalents||atthe|||| |beginning
ofthe|reporting|period||114,248|93,224| |Cash and cash equivalents||atthe end|||| |ofthe reporting|period|||139,388|114,248| ## |||NOTES TO THE CASH FLOW STATEMENT
FOR THE YEAR ENDED 31 DECEMBER2021|NOTES TO THE CASH FLOW STATEMENT
FOR THE YEAR ENDED 31 DECEMBER2021|NOTES TO THE CASH FLOW STATEMENT
FOR THE YEAR ENDED 31 DECEMBER2021|NOTES TO THE CASH FLOW STATEMENT
FOR THE YEAR ENDED 31 DECEMBER2021|NOTES TO THE CASH FLOW STATEMENT
FOR THE YEAR ENDED 31 DECEMBER2021| |---|---|---|---|---|---|---| ||RECONCILIATION|OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES||||| ||||||2021|2020| ||||||F|| ||Net income for the|reporting||period (as per the Statement of||| ||Financial Activities)||||68,756|26,126| ||Adjustments
for:|||||| ||Depreciation
charges||||1,499|1,482| ||Gain on investments
Interest received
Decrease
in debtors
Increase
in creditors||||(60,462)
(2,257)
643
12,846|(17,535)
(3,610)
1,959
10,978| ||Net cash provided|by operations|||21,025|19,400| |2.|ANALYSIS OF CHANGES||IN|NET FUNDS||| |||||At 1.1.21|Cash flow|At 31.12.21| ||Net cash|||||| ||Cash at bank and
in|hand||114,248|25,140|139,388| |||||114,248|25,140|139,388| ||Total|||114,248|25,140|139,388| ## ## ## ## ## ## ## ## ## ## ||at their settlement
a|at their settlement
a|at their settlement
a|mount
after allowing
for any trade dis|counts
due.|| |---|---|---|---|---|---|---| |2.|DONATIONS
AND|||LEGACIES||| ||||||2021|2020| ||Sundry donations||received||2,651|6,002| ||BHL and
Friends'|subsidiary
membership||donations
subscriptions|10,200|12,150
164| ||||||12,851|18,316| |3.|OTHER|TRADING||ACTIVITIES||| ||||||2021|2020| |||||||E| ||Fundraising
events||||698|488| |4.|INVESTMENT INCOME|||||| ||||||2021|2020| |||||||F| ||Deposit account interest|||||1,281| ||Dividends|received|||2,257|2,329| ||||||2,257|3,610| ## ||||||2021|2020| |---|---|---|---|---|---|---| |||Activity||||| ||The Lodge - Contributions|||||| ||from Residents
The Elms - Contribution|Charitable|activities||457,031|465,396| ||from Residents
Grants|Charitable
Charitable|activities
activities||36,611
15,591|36,398
28,020| ||||||509,233|529,814| ||Grants received,
included|in the above,|are as follows:|||| ||||||2021|2020| ||||||E|| ||Hampshire
County Council
Job Retention
Scheme||||15,399
192|25,896
2,124| ||||||15,591|28,020| |6.|RAISING FUNDS|||||| ||Investment
management|costs||||| ||||||2021|2020| ||Portfolio management||||2,375|| |7.|CHARITABLE ACTIVITIES COSTS|||||| ||||||Support|| |||||Direct|costs (see|| |||||Costs|note 8)|Totals| ||||||F|E| ||Charitable
activities|||507,909|6,461|514,370| |8.|SUPPORT COSTS|||||| |||||||Management| |||||||E| ||Charitable
activities|||||6,461| ## ## ## ## ## ## |Management|||| |---|---|---|---| |||2021|2020| |||Charitable|Total| |||activities|activities| |||F|| |Advertising|||360| |Repairs and maintenance|copier costs|222|50| |Payroll charges
Accountancy
fees
Legal and professional||1,561
2,996
13|5,087
3,000| |Bank charges||96|102| |Printing,
postage and stationary||523|732| |General expenses||1,050|2,277| |||6,461|11,608| |NET INCOIIE/(EXPENDITURE)|||| |Net income/(expenditure)|is stated after charging/(crediting):||| |||2021|2020| |Depreciation
—owned assets
Independent
examiner's
fee||1,500
2,400|1,482
2,400| ## ## ## |||||2021|2020| |---|---|---|---|---|---| |The Lodge
The Lodge
The Lodge|- Salaries and wages
- Social security costs
—Pension costs|||307,208
16,568
4,736|315,159
14,034
4,907| |The Elms -
The Elms -
The Elms -|Salaries and wages
Social security costs
Pension costs|||31,764
1,634
401|31,725
1,401
490| |||||362,311|367,716| |The average
monthly||number ofemployees|during the year was as follows:||| |||||2021|2020| |Retirement|living|||27|27| ## ## ## |STAFF COSTS - continued|STAFF COSTS - continued||||| |---|---|---|---|---|---| |No employees
received emoluments||in excess ofF60,000.|||| |COMPARATIVES FOR THE STATEMENT OF FINANCIAL|||ACTIVITIES||| ||||Unrestricted|Restricted|Total| ||||fund|funds|funds| ||||||F| |INCOME AND ENDOWMENTS|FROM||||| |Donations
and legacies|||17,936|380|18,316| |Charitable
activities|||||| |Charitable
activities|||527,690|2,124|529,814| |Other trading
activities|||488||488| |Investment
income|||2,596|1,014|3,6'IO| |Total|||548,710|3,518|552,228| |EXPENDITURE ON|||||| |Charitable
activities|||||| |Charitable
activities|||541,265|2,372|543,637| |Net gains on investments|||13,730|3,805|17,535| |NET INCOME|||21,175|4,951|26,126| |RECONCILIATION
OF FUNDS|||||| |Total funds brought forward|||1,060,942|94,686|1,155,628| |TOTAL FUNDS CARRIED FORWARD|||1,082,117|99,637|1,181,754| ## |TANGIBLE FIXEDASSETS|||| |---|---|---|---| ||||Other| ||Freehold|Houses|adrnin| ||property|equipment|equipment| |COST|||| |At 1 January 2021|507,220|36,355|618| |Additions|||| |Disposals|||| |At 31 December 202'I|507,220|36,355|618| |DEPRECIATION|||| |At 1 January 2021||35,849|618| |Charge for year||506|| |Eliminated
on disposal|||| |At 31 December 2021||36,355|618| |NET BOOK VALUE|||| |At 31 December 2021|507,220||| |At 31 December 2020|507,220|506|| ||Bedharnpton||| ||Historical|Computer|| ||Collection|equipment|Totals| ||E||| |COST|||| |At 1 January 2021|347|15,361|559,901| |Additions||518|518| |Disposals||(11,905)|(11,905)| |At 31 December 2021|347|3,974|548,514| |DEPRECIATION|||| |At 1 January 2021|347|13,507|50,321| |Charge for year||994|1,500| |Eliminated
on disposal||(11,905)|(11,905)| |At 31 December 2021|347|2,596|39,916| |NET BOOK VALUE|||| |At 31 December 2021||1,378|508,598| |At 31 December 2020||1,854|509,580| ## ## ## |FIXEDASSET INVES|T|M|ENTS|||| |---|---|---|---|---|---|---| |||||Listed|Unlisted|| |||||investments|investments|Totals| |||||E||| |MARKET VALUE||||||| |At 1 January 2021||||578,903|40,000|618,903| |Disposals||||(2,375)||(2,375)| |Revaluations||||60,462||60,462| |At 31 December 2021||||636,990|40,000|676,990| |NET BOOKVALUE||||||| |At 31 December 2021||||636,990|40,000|676,990| |At 31 December 2020||||578,903|40,000|618,903| |All fixed asset investments|||are held within the United|Kingdom.||| |Unlisted
investments|are:|||||| |Bedhampton
Holdings||Limited -40,000shares|||40,000|40,000| |There is no ready market|||for these shares.|||| |Cost or valuation
at 31||December 2021 is represented||by:||| |||||Listed|Unlisted|| |||||investments
F|investments
E|Totals
f| |Valuation
in 2018||||(24,166)||(24,166)| |Valuation
in 2019||||56,454||56,454| |Valuation
in 2020||||17,535||17,535| |Valuation
in 2021||||60,462||60,462| |Cost||||526,705|40,000|566,705| |||||636,990|40,000|676,990| |DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR||||||| ||||||2021|2020| ||||||E|E| |Trade debtors|||||60|| |Other debtors|||||296|296| |Prepayrnents|||||8,362|9,065| ||||||8,718|9,361| ## ## ## |CREDITORS: AMOU|NTS
FALLING DUE WITHIN ON|E YEAR|| |---|---|---|---| |||2021|2020| |||P|| |Trade creditors
Social security and other taxes
Other creditors||10,693
3,404
53,959|5,259
3,985
40,537| |Accruals and deferred|income|15,128|20,557| |||83,184|70,338| ## ## |Deferred income|represents
|income receiv|ed
in advance fo|r contributions|in the next finan|cial year.| |---|---|---|---|---|---|---| ||||||2021|2020| |Brought forward|||||17,299|6,001| |Amount
released
Amount
deferred|to incoming
in year|resources|||(17,299)
12,383|(6,001)
17,299| |Carried forward|||||12,383|17,299| |ANALYSIS OF NETASSETS BETWEEN|||FUNDS|||| ||||||202'I|2020| ||||Unrestricted|Restricted|Total|Total| ||||fund|funds|funds|funds| |Fixed assets|||508,598||508,598|509,580| |Investments|||574,200|102,790|676,990|618,903| |Current assets|||139,005|9,101|148,106|123,609| |Current
liabiiities|||(83,184)||(83,184)|(70,338)| ||||1,138,619|111,891|1,250,510|1,181,754| |MOVEMENT
IN|FUNDS|||||| ||||||Net|| ||||||movement|At| |||||At 1.1.21|in funds|31.12.21| |Unrestricted
funds||||||| |General fund||||1,082,118|56,501|1,138,619| |Restricted funds||||||| |The Waterloo Room Maint. Fund—||||||| |Income||||5,932|912|6,844| |The Waterloo Room Maint. Fund-||||||| |Capital||||33,040|4,080|37,120| |Bedhampton
Historical Collection||||58,407|7,263|65,670| |The Lodge Association||||1,430||'I,430| |Waterloo Room RoofAppeal||||771||771| |Picture Framing||||56||56| |||||99,636|12,255|111,891| |TOTAL FUNDS||||1,181,754|68,756|1,250,510| ## ## ## ## ## |Net movement|in funds|, include|d
in the abo|ve are as fo]low|s:||| |---|---|---|---|---|---|---|---| |||||Incoming|Resources|Gains and|Movement| |||||resources|expended|losses|in funds| ||||||||E| |Unrestricted|funds||||||| |General fund||||524,127|(516,485)|48,859|56,501| |Restricted funds|||||||| |The Waterloo|Room Maint. Fund-||||||| |Income||||912|||912| |The Waterloo|Room Maint. Fund-||||||| |Capital||||||4,080|4,080| |Bedhampton|Historical|Collection|||(260)|7,523|7,263| ||||||(260)|11,603|12,255| |TOTAL FUNDS||||525,039|(516,745)|60,462|68,756| |Cornparatives|for movement||in funds||||| |||||||Net|| |||||||movement|At| ||||||At 1.1.20|in funds|31.12.20| ||||||F||| |Unrestricted|funds||||||| |General fund|||||1,060,942|21,176|1,082,118| |Restricted funds|||||||| |The Waterloo|Room Maint. Fund-||||||| |Income|||||4,918|1,014|5,932| |The Waterloo|Room Maint. Fund-||||||| |Capital|||||33,120|(80)|33,040| |Bedhampton|Historical|Collection|||54,522|3,885|58,407| |The Lodge Association|||||1,549|(119)|1,430| |Waterloo Room RoofAppeal|||||521|250|771| |Picture Framing|||||56||56| ||||||94,686|4,950|99,636| |TOTAL FUNDS|||||1,155,628|26,126|1,181,754| ## ## ## ## ## ##