Harvest Fields Centre www.harvestfieldscentre.org.uk HARVEST FIELDS CENTRE LIMITED UNAUDITED FINANCIAL STATEMENTS 31 December 2020 Independent Examiner lan Holder FCA Mazars LLP 2 Chamberlain Square Birmingham B3 3AX Charity number 1116654 Company number 5932955
INDEX GENERAL INFORMATION DIRECTORS, REPORT 2to5 INDEPENDENT EXAMINER'S REPORT 6t07 STATEMENT OF FINANCIAL ACTIVITIES BALANCE SHEEr NOTES TO THE FINANCIAL ¥fATEMENTS Ioto 13
GENERAL INFORMATION CHARITY NUMBEK. 1116654 (Entsnd & Wales) COMPANY NUMBEIL. 5932955 (England & Wales) KEY MANAGEMENT & PERSONNEL Samuei Cozens (Operatyon5) Jayne Emery {H¢spitallty) DIRECTORS: MrEICole Mr P T Gibblns Mrsj A Gilmour Mrs P S Gllmour Mr R A Nicol Mrs S J Roblnson PRINCIPAL OFFICE AND CORRESPONDENCE ADDRES&. Harvest Flelds Centre Harvest Fleld Way Sucn ColdReld West Mldlands 875 5TJ BANKERS: Barc}J 8ank Leicester LE87 28B INDEPENDENT EXAMINEK. lan Holder FCA Mazar5 LLP 2 Chamberlain Squ¥e Bimlngkn B3 3AX SOLICITORS: Anthony Collins Solkltor5 LLP 134 Edmund Street 'rmin8lwn 83 2ES
DIRECTORS. REPORT The Dlrectors presenc their report and financial statanenrs for the year ded 31tt December 2020. STRUCTURE. GOVERNANCE AND MANAGEMEirr The Charity was established by Memorandwn and Artldes of Association under company number 5932955 and was reco£nised as a charity on 6th November 2006. A slightly revised Memornndum and Artydes of Association were adopted by SpecAI Resolution passed 30th June 2008 followlng approval of the revision by the Charity Commission. It was set up to lease and opernte the Hapiesc Fields Centre 11£ on the HaThest Fields development in Sutton Coldfield. All the Dirertors, listed on page l (Mr E I Col< Mr P T Giblxns. Mrs J A Gilmour. Mrs P S Gilmour. Mr R A Nicol and Mrs S J Robinson). served throughout the year and rwNn in office to date. Mrs S J ROn50n indirectly received Q381 income from her employment wirh Second Quothquan Charitable Trust vthich recharged her cosc to Hart Trelds Centre Limited for booktheeping and admlnistrdtion seThices received during the year. No other Direcwr received any remunerntyon direcdy or indirecdy from the Charity. The power of appointing new or addit[on directors is vested in HaNest Fields Cornmunity Church (HFCQ from those recommended by this Chartty's Directors at the time. Although HFCC is its sole member, because of the restyic¢ions in this Charitls Artides of Association. it 15 not its parent undertsknn& Ic has been thaL as part of the induction process for new directors. before anyone considers appointment as a direttor. thty should familiartse themselves wtth the reSPsIbilitieS of directors and charity trustees. read the Charity commission booklet on this subjert and carefulty read the ChariWs Memor4ndum and Artides of Associatlon and its latest firAncial statffnenr& There are a number of registered thltieS that are ass1x by reason of having one or more directorsltrustees in common. However. none of these are reEated par¢ies to the Charity. The name$ of these charities and details of the transxtions are set out in note 11 The Directors have a risk management strntegy whith indudes a regular review ofthe PrincIp rlsks and uncerrainties that the Charity facek Policies and procedures are pu¢ in place to rnltl8a and marHge those risks identified. OBJECTIVES ACTIVITIES AND PUBUC BENEFIT The Objett as set out in the Charicls memordndum of a$cIation. one of its governing documents, is to operate the Harvex Fields Church and Gxnmunity Centre in Sutton Coldfield for the benefi¢ of the public at large: to advance the Christian faith and in particular kn without prejudice to the generality of the foregoin& to provlde a place for a Christian churth to meeL Vlslon: The vision for Haryest Fietds Cen¢re ts to be the heart of the comrNnlty by providing knltties to meet the social. spirituat and prattical needs of l¢xal peopl& Mission: - to prnvide rneeting rooms and spons facilities for the cornmuniry wthtn a saf< caring environment To provide an enrOnment where friendships can be made and can grow.
knttFrtldsQnLre to provide a home for HarYeK Fields Community Church. as a place for Christian worship, service and wimess. To provide a prdyer room - a place where people can find peace in the cha05 of everyday life through rdection and Christian prdyer. to provide youth and thildren's facilities, a venue for learnin& To provide facilities for people to meet together. build relationships and share interests. To promote and support lool cornrnuniry youp5. During 2020. the world has experlenced a pandemic from the outbreak of COVID-19. This meant that the year at the Centre has looked like none other. During the first quarter. our operdtlons began as nornial- we welcomed many dele8ates and buslnesses through the doors and we hosted weekly fitness. tuition and children's activities as norrnal. We also continued to provide a h¢)me for Litde Sutton Nursery and Harve$¢ Fields Communiry Church. For the remalnder of the year. however, we dosed our doors when ins¢ruc¢ed to do so and opened when we were allowed for the bookings that were pernlitted. Our sraff team were placed on fijrlough durlng the flrst of the national lockdowns and flexible furlough for the remainder of year. We adaPd well. using the space we are fortunate co have to frdcilitate the Social di5tancin8 requlred for essential meetings and bookin71 that could not be conducted from home. We produced a COVID rlsk assessment so that orgdnisations could meet confidenrty in our Yenue and we opernted within government guidelines at all time& We also joined with the church in supporting our immediate community wkh essential shopping prescription collecvon and prnyer. The DIreCr$ met (vlrtualty) through0 the year to assess the changing situation. ACHIEVEMENTS, PERFORMANCE AND PUBUC BENEFIT The Dlrettors have taken account of the Charity Commission's general guidance relatingto public benefir when reviewing the Charitls achievements and perfornlance. In norn7 dmes. the Centre remains ayailable for use by members of the general publlc and for other use that 15 charitable in line with the Centre's vision and mlsslon. The Charlty receives positlve feedback about the quality and availablllty of the Centre to Its local communiry as well as from it5 commercial Users, The Direccors conslder that the Charlty's achieyements and performance meet the public benefit requirements by opernung a Yenue that Is positioned at the centre of the communiry providing facilities with a vision ro meerthe social. splritual and prdcclcal needs of local people of all age& from a wide range of bad(grounds and other charltable use. FINANCIAL REVIEW The Directors are mindful of the flnancial help we have received this year.. the furlough grants from centrdl goYernmen¢ the leisure grnnt from Bimiingham Ciry Council. the suspension of our business rates along with the waiving of the rent due to Harvest Field5 Community Church.
This financial assistance plus careful management has resulted in an operating surplus for the year despite the unprecedented circumstances and reduced bookings. whlch will be invaluable as we embark on another uncertaln year. After revlewlng the forecasts and proSectlon& the Directors have a reasonable expectatlon that the Charity has adequate resources to continue in operational existence for the foreseeable future. They have therefore contlnued to adopt the golng concern bas1$ in preparing the ftnanclal statemertr IMPACT OF cov119 The Dlrectors have considered (he potential impact of COVID-19 on the Charity. We are mindful that face-to-face meetSngs have become dlgital and that the businesses who were previously uslng our facllltles have now changed how they operate. We do not know how qulckly meetings and conferences wlll return and so suspect that our buslness may look differenc In che future. We are therefore extremely grateful for the extenslon of the Coronavlrus Job Retendon Stheme and the tirne it wlll afford us. srATEMENT OF DIRECTORS, RESPONSIBILITIES The Dlreceors are responslble ft>r preparlng the Dlrectors. Report and the finandal statements In accordance wlth appllcable law and regulatlons. Company law requlres the Dlrectors to prepare flnandal sratemen¢s for each flnanclal year. Under that law the Dlrectors have elected to prepare the financial statements In accordance with Unlted Klngdom Generally Accepted A¢coun¢ing Practlce {Unlted Klngdom Accountlng Standards and appllcable law). Under company law the Dlrettors must not approve the financial statements unless they are satisfied that they give a true and falr eW of the state of affalrs of the Charlty and of the surplus or deficlt of the Charlty for that perfod. In preparlng the$¢ financlal $ratements, the Dlrectors are requlred to: • select sultable a¢countlng pollcles and then apply them Consistently: • make judgemencs and accounting estimates that are reasonable and prudent: • $fa¢e whether appllcable UK Accoundng Standards have been followed. subject tt> any materlal departures dlsclosed and explalned In the financial stètemencs; prepare the financlal statements on the golng concern ba$ls, unless ic is inapproprlate to presume that che Charity 11 contlnue opernring: prepare the Dlrec¢ors' report and the flnanclal statements in accordance wlth the Charltles Act 201 I, the Companies Act 2006, the Memorandum and Articles of Assoclation, and ACCOUnn8 and Reporting by Charlde5: Statemeni of Recomrnended Practlce applicable w chari¢les preparlng thelr accoun¢s In accordance with the Financial Reportlng Standard appllcable in the UK and Republlc of Ireland (FRS102). The Dlrectors are responsible for keepln8 adequate a¢¢ounting records that are sufflclent to show and exptain the Chariry's transacclons and dlsclose with reasonable accuracy at any tlme the financial posltk>n of the Chariry and enable them to ensure that the financial statements comply wlth the Companie$ Act 2006. They are also responslble for safeguarding the assets of the Chariry and hence for taklng reasonable steps for the preventlon and detection of fraud and other Irregularities. In preparlng thls repor4 the Dlrectors have taken advantage of the small companles exemptions provlded by section 415A of the Companles Act 2006 and Section IA of the FRS 102.
AUDIT EXEMPTION The Charlty Is exempt from the requirements to have Its financial 5¢atements audlted bul as its Income Is above £25,000. it does have them independently examined. Approved and slgned on behalf of the Directors on 8th June 2021 J A Gllmour, Dlrnrtor
Independent Examinerfs Report to the Trustees of Harvest Fields Centre Limlted I report on the financial statemerKs of Harvest Relds Centre Limiwl for the year ended 31. December 2020. vthich are set out on pages 7 to 13. Respectlve responslbllltles of trusttts artd examiner The trustees (who are also the dirertors of the company for the purposes of company law) are responsible for the preparntion of the financial statements in accordance vAth the requirements of the Companles Act 21J16 {'the 2006 Act.). Havlng sausfied myself that the financial sratemen¢s of the tharlty are not required to be audiced under14rt 16 of the 2006 Act and are ellglble for independent examinauon, I report in respett of my examination of the charity's financlal statements as carried out under settion 14S of the Charityes Att 2011 (the 2011 Act). In carrying out my examination I have followed the Direcuons gNen by the Chari¢y Commlsslon under section 145(b) of the 2011 ACL This report Induding my s¢atemenL been prepared for and only for the tharlty'$ ttee5 as body. My work has been undertaken so that I migh[ st3te to the charity's trustees those matters l am required to state to them in an independent examlner's report and for no other purpose. To the fullesc exrent pern)itted by w. I do not accept or assume responsibility to anyone other than the charlty and the chari¢y's trustees as a body for my ex•rninatlon work for thls repor¢ or for the stacem¢nts I hawd made. Basls of Ind•pond•nt •xamlnerf• report My examination was carrled out in accordantt with the generdl Dlrettions 8lven by the CfrArity Commlsslon. An examlnauon includes a review of the accounting records kept by the charity and comparlson of the finan statements presenred with those records. It also includes conslderadon of any unusual Items or disdosures in the financlal sratement& and seeking expEanations frorn you as trustees concerning any such matterx. The procedures undertaken do nat provide all the evidence that would be requlred In an audi¢ and consequendy no opinion Is glyen as t¢ whether the financlal sraternenu present a tnie and fair vlev/ and the report Ss Ilml¢ed to those matters set out in th¢ srarement bebw. Independent examlnees statemert In connection wlth my examlnatlon. vthich is complew no matters have tomt to my attentton whlch give me reasonable cause ro believe that In any material respecL accountlng records were not kept In respett of HaThe5¢ Fields Centre Lhnited in attordance wlth sectlon 386 of the 2CQ6 A¢ or the financiai statements do not accord with those records: or the financ1 staternents do not comply wtth the accountbng requirements of sec¢ion 396 Of the 2006 Att other than any requirement that the financi sratements give a'true and fairf view which Is not a matter considered as part of an independent examination: or the financiai sratements have noc been prepared in accordance with the methods and principals of the Statement of Recowrfnended Practlce for accounting and rePOrng by charities [applicable to charl¢1 preparing their accounts in accordance with the Flnancial lieporting Standard applicable in the UK and Republic of Ireland (FRS 102)]. Page 6
Ian Holder
Ian Holder (Jun 14, 2021 08:09 GMT+1)
Jun 14, 2021
STATEMENT OF FINANCIAL ACTIVITIES AND SUMMARY INCOME AND EXPENDITURE ACCOUNT For the year ended 31 December 2020 Notes 2020 2019 Incomè: Donatyons: Donton9 In money Donadons In klftd 962 690 4.140 5,102 Charltabl• actlvltles: Gross charltablt ren¢al Income Charge$ for other charltabl¢ u$• of C¢ntr¢ 21,597 25,462 94.565 287,690 116,101 313,152 Other Income Othèr InVtment Incom• 78,914 19 Total Incom• 195,906 318,298 ExndItm oni Charlf4ble *¢dvl¢l•5.' Expenses re charltable rental Income Expenses re other charlt4ble use of Centre 12,545 21,606 178,190 294,463 Total Exp¢ndlture 190,741 316.069 Net Incom¢ for the Year and Net Movem•nt In Fund• 5,16S 1229 surplu11de1t brought forward 73.242 71,013 SurPludefi¢1t carrl•d foThvard 78.407 73,242 The Statemèn¢ of Flnanclal Actlvltles Includes all rains and1955es recognSsed In the yéar. All thè incoming and expended resources wèrè unrestrlcted funds and derived from continulng I¢vIr{l% Tho notes on pages l O to 13 form parn of these financlal statements.
BALANCE SHEET For the year ended 31 December 2020 2020 2019 Flxed Assets Tanwble assets: Fumlwre and oquipn•nt 24.915 31687 Debtors Cash at bank and In hand 21.066 51.653 17,556 43,812 7l719 61.368 Current Llabilities Credltor& Amounts falllng dué within one y 10 (19.227) (20.813) N¢t Currmt Assets 53,492 40,5SS Total Assets less Current Llabllltles 74407 73,242 78.407 73,242 Represented br. surpludÉfficlt on Unrtstricted Fund 7&407 73,242 The Dlrectors C)nsider that the Charity ts entitled to exempkn from the requlrement to have an audit under the provlsk>ns of sectlon 477 of the Companies Act 2006 C'the Atr.? and the Member has not requlred the Charty to ob an audit for the year in qLStion In accordwKe with section 476 of the ACL The DSrecwrs acknowledge their responsibiliues for ensuring that the CForiy keeps icc<)unting records whkh comply with s¢¢tion 386 of the Acr and for preF¥aring financAI mtements whith 8ive a true and fair view of the slate of affairs of the Charity as a¢ 31 December 2020 and of i¢5 in¢ryne and expendiwre for the yew then ended in a¢cordance with the requirements ofsettions 394 and 395 of the Att and otherwise comply with the requirements of the Art reladng to the financi statemthms as so far as aPp£1b1¢ ro the Charity. The ftnanclal ststtments been red li aCcOrdae th¢ provisions applkabje to small companies thin PJrr 15 of the Cornpanie5 Att 2tM)6 and in accordance Seaion IA of the FRSI 02. Approved and slgned on betrAlf of the Direcrars on 2021 J A Gilmour Dirertor Company nUmr 5932955 Page 9
NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2020 10 ACCOUNTING POLICIES Basls of pr¢paratlon These financial s¢atements ar• pr•parÈd und•r the hlstorkal ¢0$¢ ¢onventlon and In accordance wlth: The Charlues Acr 2011 The Companles Art 2006 The Flnandal Reporttng Standard applloble in the UK and the R•publlc of Ireland IFRS1021 Accoundn¥ & Reportlng by Charltles.. Ststemènt of Recommended Pra(uce (Chariues SORP FRS102) The accounts presen¢ a truè Ind falr vlew and no changes In tho basls of accoundng hivo been mid¢ durlng the year, Th• charl¢y Is a publlc benefit entlty. Cath Flow Ex•mptlon Th¢ charltable company has not produc•d a itatement of Caih Flows. as the charlty Is wlthin thè small ¢ompany and charbty thresholds. In¢omé Donadons In monty are Included on a cash roc•lv•d basls. Therè would be no materfal dlfferonc• If an accruals basls w•r¢ adopted. Any recover4bl• wlll be Includ In the p¢rlod to whlch the giftgener4tJn8 the rt¢overy relates {accruals baslsl. Donadons In k6nd are Included on an accrn41$ bas1$, Income from Investments and rental Income are Includ¢d In tho SOFA In the p•rSod In whlch Ic15 recelvable. Gov•rnment grAn¢• The UK government has offer•d a rang• of flnanclal sklPPOrt packa8•S to help companles, Includlnl gaYernm¢n¢ backed flnanclnK arrdngements, fuAOU s¢hemeJ, def•rment ofVAT payments and for some $t¢tt>rs, buslnejs rnt• holldays. or thè offer¢d $cheme5, the company u$•d the furlaugh s¢hme and i cash grant for the perlod of natlonal lod(down. The Incoma has b••n r•cognlsed wlrhln 'Other Income,. They are recognls•d wh•n th• ha$ rusonable assurance that th•y wlll comply with the condldans ittachlng th• gran¢ and that th¢ wlll be recelved. Exp•ndltur• Expendlture Is Included On In ac¢ruth hsls wh•n Incurr•d. Costs rehtln8 to more than on• cat•gory ar• apportloned based upon e5rlma¢ed usago. As the Charlty l¥ not re81seered for Valu• Added T Irrecoverable VAT Is Included In th• •xpenw hudln8 to whlch 5¢ relates. Flx•d Tan8lbl¢ Assots Purchases of 1ndldUal Itemj of furnl¢ure and equlpmen¢ over £1,500 ir• capltails•d: other It¢m$ ire expensed when Incurrèd in the SOFA. D•pr•clatlon Deprecladon Ss provlded on cipltallsed furnltur• and •qulpm¢nt at ra¢es calculated to wrlte off the c¢$¢ of each asset on a stra¢ Ilne basls over flve ye¥s. Jud8•ments and E%tlmatloThs Management has nor made any J18nfficant lud8•mnts In th pro¢ess of applylng the accountlng policles and there are no areas ofestymatlon uncertalnty that havè a signlfican¢ rt5k ofcausln¥ a mat•rlal #dlus¢rDent to the carryln8 amounts of assets and Ilabilldes. Goln8 concern After consldering the future potentlal Impart of COVID-19, the Direc¢ors are of a vlew that thèr• are sufficlent reserves to Secure the immediao future of th• charity (for the nex¢ 12 ¢0 18 months) and ¢)n that ba$15 the charlry Is a going concern. Page 10
NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2020 ¢PthCen Cash at bank and In hand Cash at bank and cash in hand include5 cash whlch is avallabl?. Credltors and accruals Credl¢or3 and accruals are reco8nlsed wher¢ the charSty has a present obllp¢kn resuldng from a past event that wlll probably result In the transfer of funds ro a thlrd party and the amount due to setde the obllrdtlon can be moasured or tsdmated relSth1y. INCOME Th¢ Income for th¢ year arl$¢s from the varlou$ sour¢es # $ot out In the SOFA on paxe 8 and as rmre PArtlcularly d•$crlb•d In tho Dlr•¢tors' R•port 3 EXPENDITURE In th• y•ar th• •xp•ndltur• thary•d In th• SOFA Sncludw: 2020 2019 Employment costs Ino¢e 4a) Agency staff e¢c. (note 4b) Caterln8 and other servlc• costs Utsllty charges I8as. electr14 wat¢r and ¢elephane) Rent payable for use of CMtre {not 121 8usln¢$$ rdt•$ ind councll tax lor the current y•ar D¢precladon of furnl¢ure and equlpment Governance costs (note 6) 100,376 121.157 12.834 67,698 26,956 15,610 1,960 11,453 1,471 17,700 22,73J 573 10,275 1,615 4 STAFF COSTS ) Dlrn¢t Employees 2020 2019 Salarle¥ Émployerfs Nailonal Insuranc• n•t of employm•n¢ allowan¢¢ Penslon contrlbutlon 102.611 1,758 2,007 115,764 4,388 1.005 106.376 121,157 The avery• hdcOUnt and average number of whole ¢lme equlvalent persons dlrec¢ly employed by the Charlty for the year was 7.75 {2019.. 81 Jnd 5,3 {2019.. 5.3) respectlvely. No empl¢)yee pald more than £60.000 per annunL b) Agency In addidon to It5 own staff. th• Charlty has usèd the servlce5 of staff on an agency basls to provlde flexible workforce.
NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2020 10 DIREcfoRS' & Key MANAGEMENT REMUNERATION Mrs S J Robins¢)n indirec recetrled a3811201. £3,104) IrK¢)mÈ from her employment wlth Secand Quothquan Charitable TrUstICh r•charg•d her cost to Harvest lield5 Cen¢re Llmi¢ed for book-keeplng and admlnis¢rauon services recelved durtng the y•ar. No other Dlrettor recelved any remuneratlon dir•ctly or indirecty from the The Oper4¢ions Manager and Ho4>itality Manager are the key rnan4ement personnel. They recelved £16,130 (2019: £26.0001 and £28.427 (2019.. £30.OCI)) respecthtly. These figures Include salary. expense4 bonus•5 and penslon contrlbutlons. Tr4n5Kth>ns wlth rnlat¢d parth are set In nw 11 GOVERNANCE COSTS Thls compds•x a prov1s1 for th• Ind•wd•nt ExamSner's feo of £1.602 (2019: £1.458) In¢fvdln8 VAT and C¢ynpankn Houm Ain8 fee of £13 Q019: £13). TAXATION The company Is a rt•r•d and. #s all 1¢$ In¢om wlll be appM•d for tharbtable purpow no Ilablllty to ttx arls•s In respecr of th¢ year ended 3 1st Oeceff*er 2020. FIXED TANGIBLE Assm Fwnltw• and Equlpm•n¢ C¢)rt At 3 1st December 2019 Addwons In year IU686 1503 At 31rt D•c•mb•r 2020 12S.189 Dèprrflatlon At 31 st Decemb•r 2019 Char¥4 In y•ar 89,999 10,275 At 31rt D•c•mb•r 2020 100.274 N•t Ydook yU0 At 3 1st December 2020 24.915 At 3 1st D•c•mb•r 2019 31687 DEBTORS 2020 2019 Thls comprises.'_ Trdd• debtors Oth•r d•bttsrs Prèpayinents 12.953 34 8.079 7,602 9,954 21.066 17,556 Page 12
NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2020 10 CREDITORS FALLING DUE WITHIN TweLVE MONTHS 2020 2019 ThSs comprknes:. Trnde credltors Other creditors Accrua15 13,980 1,187 4,060 14.897 1.198 4.718 19.227 20.813 SHARE CAPITAL Th Charbry Ls Ilmlrad by 8uarnn¢ee and has no shire capi. Eath member of the Charl¢y has undèrtak•n to Contribu a Sum, not exceedlng £1. w the Chaws assets If bt Is wound up vknmst tha¢ person Is a member or wSthln one year after ceaskng to be a member. 12 ASSOCIATED PARTY TRANSArfioNS Erc Thls Charlty has • 999 year klse of the Cqntye executed In 2007. Its syrlor landlord15 Harvest Fleld$ Communly Church IHFCC). The rent13 111000 p•r annum plus RPI lon the condltlon that thls Char4¢y does not breach th• t•rnis of Its Itas4 K It does. th• rent Is { I00,( pr annum plus RPI). In 2020, HFCC walv•d th• r•nt du• ro assist tht Charty In Its nav•don throu8h the ¢oron•wlrns pdemIC and sa nothths pald wlthln th• y¢w12019.. £15.610). HFCC uwd the C¢rttr¢ In aCcordce vAth th¢ leue contrtbutlnz •¢ cosr I9.518.83 Q019: £12,694) to th uwlltl¢$ and $•Thl¢lng •xp¢ndl¢ure. Thh Is reported a5 Part of the y055 charltsble renral In¢om¢ In the SOFA Th• S•cond Quothquan Chadtsble Trust provthd Charlty wlth bookkteplng servl¢es. The dlrnctors wlthout a connlcc of lordkles 4reed that thls Chary sh¢)uld pay for these seThl¢es b•sed upon the cost to socr and th• charge for thts yev w$ a38112019: £3.104). 13 FINANCIAL COMMITMENTS Th¢ Charbty Is ¢omml¢¢ed to payln8 ren¢ for the Centre wlth an annual charye of £12.000 plus Indexa0 from 2008 under Its lease whlth explres after mor¢ than a hundr¢d y¢ars. For 2021 th¢ ¢omml¢ment Is £16,170 (202tr. £15.989). Page 13