Charity registration number 1120240 Company registralion number I128047 {England and Wal0$1 THE GREAT WOOD TRUST ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022
THE GREAT WOOD TRUST LEGAL AND ADMINISTRATIVE INFORMATION Trustses Revd J H Simmns MAJ &mmons MrJ Chamber5 Ms S KeigNey Mr J R8nnison Mr D rtettSe Revd C Qwen Mr R wBatr Charity number 1120240 Company number Cel247 RegiSt¢red offi¢e 1(tsAwtia Pts Porb"shead Bristol BS20 7QS Ind•yndent examir Mr P J Barton FCCA ART AC£tyJnt L[milj GtcwJTrJ Floor 11 Manvers Strget BA1 1JQ Bank•x HSBC Bank p 62 Gstrge Wlile Street Cabot CiroJs Bristol BS13&4
THE GREAT WOOD TRUST CONTENTS Trustees, rep(Mt Indepgndent 8xgnwrtrs rewt Statement crfffinalal aclivitiès Balanc $tt Notss to the statem8rts 8-16
THE GREAT WOOD TRUST TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2022 The trust&s prat their rewi arKI finawal statements for the year ended 31 March 2022. The finanoal statements have been preparg(l in acCOrdar 1h the &COLmtirs polirAes set out in noto 110 the financial statements and COrnF4y the charTtys govemiThJ d(xumL the Companies Act 2C and "A¢countirrfJ and R¢porting by Charitie$". Statement of R0mmeNjed Prxts" apiCable to chanb'es preparing thwr accounts in aceordancè th the FinanrAal Rewbng StsTraard 4pli¢aile in the UK 8nd RapuNic of Ireland IFRS 102) (effective 1 January 2019}-. ObJe¢tsv8s and ctivltles The Charity's objects S lo advsrte the Christian failh in acconlarto with the chlS Slatemont of Bdiofs in Somerset and in such other parts of Ihe Unitèd KiThJdom or Ihe wortd as the Trust•ès may from time to tim$ think fft and to fulfil such ¢)ther pLff[ which are exdusively chan"tabJe acccfthn9 to the of England and Wales ar8 ¢LMnect•J the charrtalAe WO c(Ihe Tnjst The trustees hav8 pad due r8gard to gdarKe isSLd by the rity Commissp)n in deuthng vthat acvities the tharity sh¢Juld undertake. A¢hlevameTrts and performanee The Charity ILx)k over thè man&3èment of Groat IhtyJ Camp 1st Awl 21X)7. Thè site is in usa duriThJ the months Marth to November in any year. In August 2014, the Savanka Trust atharThd a loan of £2CQ.C((J interost free 10 year loan secureil by way of a first charge on tho Ireehold in order to faci1rt8te the ol tha site. This loan 15 being repaid by an annual grant of £20K tr( Savanka Trust, receivaile on the CorKIOn that the trustees of The Savanka Trust aro $8tisfiad that tho charitable actÈviOes oJrr¢nlJy Carri cfi by the Gmt kd Trust are conlinuing broly as 8t present As at 31st March 2022 £40,OCKJ remaird outstanth"rvJ. S¢ripture Union hava used Great KtK)d Ic many years for the of Chn"$tian hcAidays and EekendS. Due to Covid restn"ctions Scripture Uruon was not ale to run a fvll programme of hdidays during the year under iew and the impact of this made a meanirwJfvJ imm on the Charity. trJ)th frcn a ministy and finanaal persp8th"ve. Hover in September 2021 Scripture Union ente into a licetxe agreement for the use of Great Wood for Six weeks during the Summer Holidays in 2022. and th& year etmj Ihey have entered into a tm ye8r booking for fvè weeks in the Summer hdidays 2023 and 2024. OtherA¢hiev•mMts In 2018 Somerset CoLmty Counol signed a ttree year rolliTrJ license ajreement ts the use of 5its for Certain periods during the yèar. a gcod Y•9 rdationship c>Jrtirwes btren the Trustees and volunteers working for thÈ charity and the staff of the Sm•ret centre ai Kilve from whith their activities are m8naged. Due to the Covid restrictions activibas on site %ber¢ suswdod for the whole year, rmM$ncAng in May 2021. vtsn a nomial wowamme wa5 resLmed. Th8 Charity providgd a Chaplaincy SeNteo to 1Ve Ihrough¢M tho time when ¥¢ usrwJ Ihe site. In Septemtser 2021 the Charity entered into a sthmefrt agre8mont SoLth Wkst YoLth Ministrigs ISWYM) whereby placed th OLf fijll Itme chaain a tr8rnee vtho 1$ studwng ft)r a Mastèr5 Degree in Applied Theology at Moortands Cdlege in Christchurch. D(xset. This has enaad 8 meaninthA Ir$ in the work which our Chaplain can thieve eswally during times kn Great Vk#)d Camp 1$ dosed for the wnter months. This agraement is to tsrminate in August 2023. on COVMI restricons were aased a limit1 number (rf ykend ttiings we Kusible during the year under review. The loss of incomè due to Covid wa5 alViated by 8 fvrther speo.al Local Authority grant m&Je to the hospitalty sector in Somerset An annual work party of vdunteers normdly wiss oth a w de of maintenancè work during tt)e Easter hdiday5, bLrt thi$ was not Possib in 2021. Hcmwer a limit work party happened in tate August 2021. and the full work party retumg(1 to Camp in April 2022.
THE GREAT WOOD TRUST TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 Flnanclal review The charity generated an Lmrestrictfjd sUS c £7,Th {2Q1- surplus £38,88n thjring the yaar under roview. The surplus arose due to the extra¢Ndinary gOsIty of SUppr$, aThJ the alleviats'on of the lost income through Govgmment $UPFOrt. GerralFng an anThJa surplus is n$Sary to artab us to rèpay ouistanding 108ns and to maintan a steady programme of imFKovements to Ihe srte. Due to the nation na¥1(uS pandèmic OLf chapln Lwi furlwed Ihe Govemmènt schema for part of the yaar, but is Mw back working ftdi time. CK¢r Se emFdoy8d estate manager wothed through)Lrt the year. carryirrfJ out some usefvl maIntence whhth Wld not n¢)mally have been possible. Mai'or tree surgery was carried ort. Our budget forecast for 2022123 inrficatss a manag8able after chargiw deprgoation on buildings, caused in part by reduced infX)me for Summer 2022. Restricled fvnds of £768.717 were held at the year orKI12021 - £784.8491 m8inty in rglaiion to donations for the Mgss Hut Annu depr8uatTon on t Mess Hut is to this xcount The Tnjstees hava reviewed the than1S need for r¢8erves in ITh tho guidatxe siven by Charity Commission. Fa¢tor5 taken inio account indudo the risk of fluthJ8tions in general booknng income, unforeseen eXTrltUre on major repairs and the need to renovate ¢j reF4ace tIliaS and aquipment from time to timg. The Trusts8s consider il prudent to in reserve an LnI ewivaknl to betren three and slx months gengral expenthre. Th8 policy on reserves is annualty. The trustees have 8ssess8d tha major risks to lch tho ¢hty is ex1. and are satisfiad that Systems are in place to mitigate exposure to the major risks.
THE GREAT WOOD TRUST TRUSTEEW REPORT ONCLUDING DIRECTORS. REPORT) {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 Rorfd J H sMAJSIrnN Mr J Chamber Ms S KghY MT J Renn6son MrRWBBrk aThJ gu8rnnt88 lo £1 bj the (rf8 LP. Ihw emplOnI ilhln ts rty ltinUeS and I1 apwoixiats trwriry Is 8rraW. Jt Ls Ihe pc4ty of the
THE GREAT WOOD TRUST INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE GREAT WOOD TRUST I rgFQrt on the financ1 st21ts ofthe rtrity ftr the year ended 31 March 2Q2. which ¥e ¢JJt on pages 5 to 16. Rasp•ctlvo mponsibilitr•s ot tt0•S and examiner The tharitys trustees, vtho are also the th"rectors of The Grgat Trust for the wrposes of (xjmpany law, are responsiNe for preparation of the aecoLYts. The trustaes consTrdèr bhat an audit is not required for thi5 year under section 144121 of thé Chariti8sAct 2011 ( 2011 Act) that •) indepeThJ¢ni examination is neodod. Having satisfied myself tt)at the ¢harity 1$ not subjecl to wdit der corny l&v is digiblo for irhjepgndent examination, it is my responsitllty to.. eXam1r the finanoal statements ur¥Jgr section 145 of the 2011 A¢X (ill to follow the cethres laid do•m in thg g8nwal DiTe¢lion3 by the Ch"ty Commission urJer $tion 14515llbl of the 2011 Act., and liiil to state thher partlar mattws have ccrfna to my att•nlion. Basis of In(kndent examlnefs rnport My examination was Carried ¢)Jt in accordarte with the 9eneral DItionS given by the Charity Comrni55ion. An èxamination indudes a rewaw of th8 a¢Lntij iec¢xds kept by the charrty 8nd a comparison of the finan41 $tatemonls prèsented with those reC(d5. It aso rndudes consideratson of any unusu81 items or disclosures in the finanaal ststements, 8nd s8ekirrfJ exF4anations from you as hjstees cOeming any such matters. Th8 procedures undertaken do not provide all the eviderKe that would be required in an audit and consequently no opinion is given as to whgther the finarrAal stalemerrts preserrt a aTrJ fair vithrf and th8 rarXt is limited to those matters set out in Ihe next statement. IndePdant èxamlnèrf$ stat•mèrt In conneth.on with my examination. no mattsr has ojme to my atteniion.. lal which gives me reasonable cause to beli¢vo that in any material resm the qUIrements.. lil to keep accounting records in £0)ce wb.on of the Companies Act 2C#)6.' and lil) to prepare finanual s&2tements vthich *cord Mth the acnts"ng records, comply the acccAJnting requiremfjnts of seclion 396 of the Companie5 Acl 2C aThl wlh the methods and noPle6 of the Stat8merrt of R8emmend8d Pracbce". Accountir4J and Rewting by Charitses.. hava not beon met or Ibl to %thich. in my opinion, attention shwkl be dra in order to enable a proper undorSdir¥j of the finanual $latèments to be reach8d. Mr P J Barton FCCA ART Accountants Limitad Charterod Cèrtified A¢countants Ground Fl(x)r 11 man¥e Stre8t BA1 1JQ 711111
THE GREAT WOOD TRUST STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2022 Unrmtricted Restrlcted funds funds 2022 Total Unrestrirted Restricted funds funds 2021 2021 Total 2022 2021 owme Donations and legaaas Charitsble ath"vities Olher inccffi8 rom: 21,ClJ8 70,480 13,525 22.090 43.098 18.695 63,003 18295 36,9 63,003 33.525 20,CO) Total income 104.993 42,04) 147.083 116.187 38295 154,482 tu Charitable ath.¥@S 117,207 155.429 97.320 130,883 Not {outqoingyln¢oming rosources transf•rs (12.2141 18.3461 18,887 4,732 23,599 Gross transfers b¢trthn (20.cl (20.OCQI Not incomellexpenditurpl ft th8 yearl Net movement in funds 116.1321 18.346) 38.887 {15.2e81 23.599 Fund balances al 1 Awil 2Q1 347,097 784.849 1.131,946 308,230 8(X).117 1,108.347 Fund balances * 31 March 2022 354,883 ,717 1.123.6(KJ 347.097 784.849 1,131,948 The statemenl of finarA a¢bYeS iulY0$ all gans a)d lossas rec¢gnised in the year. All incom• snd oyntktLtre darl from conb"nJiThJ acb"*b"•s. The ststemant of financial tiviti9$ 81$0 complies ¥1h ts rewir8morts for an irthme and expenditwg account under Ihe CompaniesAct 2C(B.
THE GREAT WOOD TRUST BALANCE SHEET ASAT 31 MARCH 2022 2022 Flxed assets TarKJible assats CuTh9nt assets Debtors Cash at bank and in hand 10 1.163.425 1.199.475 11 17.043 28.7TO 10.32e 43.904 43.813 Crnditors: amounts falllng du• within 54.230 12 {63.638) (61.7591 Nel curwt livajililies {19,825) (7,5291 Totsl ass•ts les¥ ¢urrpnt Il•bllities 1,143.600 1.191,948 Cr¢dltors: amounts falling du• after more than one par 13 120.(MJJJ {eo,¢xo} Net assets 1.123.600 1,131,948 Income fund$ Restricted funds Unrestric1 funds 14 768.717 784.849 347,097 1.123,6C 1.131,946
THE GREAT WOOD TRUST BALANCE SHEEr {cop¥nNUED) AS A T31 AIARCH 2022 irs of the company as at the •rKI of thè fmandd year aThJ its r$[C awicabon of - 1£,. 2022 Revd J H
THE GREAT WOOD TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 A¢untIng policies Charity Infomiation Great Wood TrL is a Vate company limited by guarantee ine4NF¥Nd in Enand and e$. The istered office is 103A[gtia Place. P0Sead. &istc4. 8S20 7QS. 1.1 Accounting conv•ntion The finanrial statèmenls hav¢ been preparod in ac£cKtsrte tmth tha Charitys goveming thJoJm8nt the Companies Act 2008 and "Accounkn"ro and Repth"rKJ by Chath"$." Statem9nt of RecommeIed Practice 8pplicable to charits.es preparirrfJ th&'r accLwnts in acc(Yd8rte wrfh Ihe Finarrial Rewtsr4J Stsndard applicable in the UK 8nd Republic of Ireland IFRS 1) (effective 1 January 20191". The charity is a Public Benefft Entity as defined ty FRS 102 The charity has taken •avant&3e of the provi5iC(ts in g)RP tr dntieS aFW"ng FRS 102 Update BLl#tin 1 not to prepare a Statement of Cssh Fkhvs. The financial statements afe prepared in sterfing, vknich is the furKlional rrencY of the tharity. Monetary amounts in these finanaal statements S rounded to ts rest £ The finarrial ststements have been wepared uTrJer fv historical cost conventton. Imodified to indude the revaluth.on tsf freehold wcpefties and to indude investsnent propth.os arhj certain finarrial instruments at lair valu81. rhe principal •>xuntirK4 policies &Jopted •¥ set cJt w. 1.2 Going cOnrn At the tirne ol apyjroving tho financFal statements, the trustees have a reaSonae exr¢tation that the charity r185 adequate resources lo continue in owational wstenc8 for foreseeable fUre. Thus the trustees continu8 to adopt th8 goiry c@M basis of secnItn9 in weparirvJ th• fin81 stathgnts. 1.3 Charltable funds Unrestricted funds availatr4e for use at the disuelion d the tr1¢03 fwthorance of thoir (arttse c4)jectives. Restricted fijnds are Sublt to srecific conditi¢x)s by donors as to hcw thoy may be used. Thè PLWFoses uses of the restricted fvnds are sot oul in the note$ to the financi4 statements. Endovrnant funds arn $jeCt lo spe¢xfic c10n5 by dorm that th2 C4Mtal must be maintained by th tharity. 1.4 Income Incoma is recognised when the chanty is legalty entrued to it aft¢r any ErtMCe ccThtions have been mgt, the amounts can b8 measured rdiaL4y, that hKome will b8 weiv&J. Cash donations recognis¢d on rec*pL Other donaticffls are rwnised ae tt)e charity has rtified of the donth"on, Unl pw10mian cx>TrJitions require daferyal of Ihe amourt Inme tax recoverable in relation to donab"on5 receivad under GrftAid or de&Js of mvenant is rg¢cgnised al the time of Ihe donation. Leoa¢ies are recrIsed on lpt or olhèmryse rf the ¢harity has bèen notifiad of an impeThJing distributlon. the amount is knn, arxl relpt is expwted. If amount is not knovm. legacy is treated as a 1.5 Expendtturn a'11t1$S are rwrnsed as soon 85 thwe 1$ a legal ¢onslnJLtive obli98tion commitbng the charity to pay out resources.
THE GREAT WOOD TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 Arxounting poli¢ie (Cont1ndI 1.6 Tanglble fixed assets Tangible fixed assets arg InallY measw&J at v)st and subsew8nfjy measwed al cost or valuation, net of deprats.0n and any imp8irment losses. Depreciation is r¥wnised $0 as to write off th8 ¢OSt or yUatiOn of assets less their residual wueS over thar usefijl lives on the followiro bases.. Freehotd land and buiklings Property improvements Fixiur8s ffttings 5 to 9) years 10% straight lin 25% straIt lir The gain or loss arising on thè th5Fosa of¥t asset is ¢Jotsrmined as the drfference bets8n the sale and t Ca1ng Wal of tha assrt ar is rncoJniwl in the slattmwrt offinIal &b"vibos. 1.7 Impainn•nt of fix assets At each reporting end dats, the charty reviews the earyro 8moLmts of its tanble assets to dètermine whether Ifre is any indicatiTh) that Ihose assets have sufferod an IMprnient loss. If any SLth indication exists, the T0Ver4)le amount of th& asset is ests"mated in (thr to detem)ine tha extent of the imprment hxs lif any). 1.8 Cash and cash ¢quival•nts Cash and cash equivalènts indudè ¢a5h in hand. (kFKJSrts held at cai vthh banks. other 5hort-term liquid Ive5tments with cfiginal maturttses ol three months or less, and bank overdrafts. Bank overdrafts are shown within bomAMngs in axrent lia"1eS. 1.9 Flnancial Instruments The charity has elad to appty ts provisions of Wion 11 'Basi¢ Fir1ala1 Instruments. tion 12 'Olher Finanoal Instruments IsSS. ol FRS 102 to all of its fimnad instruments. FinanrAal instrumenis ar¢ reco3iNsth1 in th8 balarKe Sheet whan the charity bocom89 party to th& COntrtual provisicn$ of the instrument FinarrAaf assets arhj liabilffjes are offseL th net amoLwts presed in the finanrAal statements. when there is a tegally enforeeablo right to set off the reo)gnised amoLmts a)d thwo is an irrtethon to settle on a n8t basi$ or to r6alise the assèt and Sett the liabilty ssMultanK$ty. Bask 1lnanclals Basic financial assets. whith ILle debtors aThJ cash arKI bank bdanc8s. ¥e initally measured at transaction pri induding tranwtion costs *e subseqlnIJY carri&l at amortised cost using the effective interest method unl¢ss the arrangement W15tibJies a ffinaTring transacts". where tha tranStion is measur1 at the present valuè of the fuLU eipts discwnted at a market rate of int8resL Finanaal assets ¢la5sifia(l as r8caivatle within one year are Th)t aMortd.
THE GREAT WOOD TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 Accountlng polici•s {Contlnuedl Bas1¢ finanelal liabllltl8S Basic finarrial I18.1e$, irKluding ueditors arvj bank thn$ are initially rwised at transaction price unless the arrar¥Jement constrte5 a financing Ira)sathon, vthere dèbt instrumènt is measured at the pyesenl value of the future payments discaJunt8d at a market rate of interesi Finala1 liabilities dassified as payaL4e within one year are rx)t amortised. Debt in5trumgnts arE subsequendy Carried at ryb$ed cos( usirvJ Ihe offlIve intwest rate methc#J. Trade creditors are gtrAigation$ to pay w)d5 services that have acquired in the orthnary coursg of opwatsons fmm suppliers. Amn$ payat4e a(9 d8ssifi&J a$ current liabt"l(tses rf paym$nt is thJ8 within one year or less. If not, they are presented as mTrcurrenl liab.1es. Trade ctsdrt(Ys are recognised inthally at transaction price and subseqUY measured at amorbsed CA)St using effective interest method. Derecognitlon of financlal Ilabllttles Financial liabileS are <Jerecogtwsed vknen the rthgalions expirg or are dischargod or cancdlad. 1.10 Employeo benaflts Tha cost of any unused kdaY erthemsnt 15 rwnised in th& in vh.ch the employ80's seNices are recèived. Tem)inaton nefitS aro receonised immedh?tdy as an expense when the tharFty is ¢JeMonstraY committ& to temiinate thè employmènt of an emF4oyee or to prowde temiination benefits. 1.11 Retlrnment ben•fft8 Payments to dèfined corrtn"[ts¢n rotirem•ni sd)omes we d)arged as ew8e as they fall due. Critical a¢counting estimat•s and judpmonts In the application of the chan5 aCCnting poliaes. trustees a required to make jLJgements, estimates and assumptions abt the C.g amcmjnt of a55ets liai¥lTbes that ¥e rK)t r8ad4.ly apparent from other s(rceS. The estimates a1 associatèd assumpti$ are base(l historical oxperience and other factors that are considwed to be rdevant. AcaLA resuks may iffer from these estimates. The èstimates and UrK1y1rt9 assumptions we revIAd on an ongLNng basis. RevisiCS to accounting estimates ara reCJnised in the period in vthich the èsb.mats is mised where the reviSic affects only th* period, u in the of slon fiJbJe nthS revisit affects b)th CLfftnt and future periods. Donatlons and legacles Total Unrestricted Restricted funds fvnds Total nds 2022 2021 2021 DOnlon$ and gifts 21,rJ)8 43,(ts8 18.895 18,295 38,9 10-
THE GREAT WOOD TRUST NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 Charitable activities Tt&l 2021 Sale5 Within thitat48 activib'es 25.1 1,526 13,744 70,460 83,003 For th• year onded 31 March 2021 Group booklrrys Total 2021 Sales wrttr¥"n taritat48 acb"wth"es 31.581 970 452 63,003 Analysis by fvnd Unwtritted ft18 31.581 970 452 63,003 Total Unrestricted Restsicted funds funds Total funds funds 2022 2022 2021 21721 2021 utilib.es recharge Gr8nts- Slavanka COVID 19 Grnr 5.525 5,525 20.CKXI 20,OC 34,489 13.525 33.525 34.489 20.LKQ 54,489 11
THE GREAT WOOD TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 Charitable a¢tivltles Charitabk Charitable Expendlture Expenditurn 2022 2021 Staff costs Depraciation and impainnw)t utilib.ès befor• rè¢harges Estat Maintence Pool costs Phone 29,680 36,045 9,829 19,874 910 22,929 18,426 1,887 939 F j! EqUipMt repatrs consumbles Cleaning Estate mgnagemeni Insurar Ministry to schcols Sundry expense5 Loan interest SWYM Trainee Costs 2.e65 3,982 19,520 618 1,648 19,375 4,405 1,441 2,784 550 791 3,270 245 152.980 128.045 Shar9 of support )Sts Ise8 T) Share of govemarTh costs rth n 1,799 650 2,188 850 155.429 130,883 Analysls by fund Unreslri¢ted fvnds Restricted 117,207 38,222 97.320 155.429 130,883 Forth8 year #nded 31 March 2021 VnrestrifAed fiJThJs Restnctgd fvnds 97,320 13J,883 12-
THE GREAT WOOD TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 Support costs Support GoNYm•n¢e costs 2022 Support Govemance sts 95ts 2021 Trustee eypenses 319 319 155 2,033 155 2,033 Independent examination 650 2,188 850 2,838 Analysed betsbEen Charitable activits.es 2.449 2.188 2.838 Govemance costs in¢kth paym to th• indep1 oxaminer of £6(2021. £6501. TrustèOS None of the trustees {or any tHsons connecte(I with Iheml any [nuneV8ti( u tefits from tho charity dLrrillg the year apart from those disdosed bdow. Totsl 8ynse$ were r¢imbLYsed to one 12021 - Me) Trustfje durir¥J the year. amountiThJ to £319 12021 - £1551. Employees The avefagg monthty number of emFl¢yffts dwirwJ th8 ywwa5.' 2022 Number 2021 Number Employmwrt costs 2021 Wages 8fKI salaries Other pensi¢fi costs 28.Crt)O 26,880 2,800 30,) 29. 13-
THE GREAT WOOD TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 10 Tangible fixed asséts Totsl xl Iwildiry IMpr(wts fiitingty Cost At 1 Awil 2021 1.328.288 27.158 1,384,864 At 31 March 2022 1.328.268 27.158 1,384,864 Deprneiation and impairni&tt At 1 April 2021 1,796 19,740 185,389 36,050 3.437 Al 31 March 2022 1e6,461 12,29) 221,439 Carylng amount At 31 Mar¢h 2 1,141.Wi 6.750 14.868 1,183,425 At 31 Marth 2¢Y21 1.171,472 9,698 18.305 1,199,475 11 Dobtors 2022 2021 Amounts falling due within ono year. Other dablus Prepayments aTrJ x¢Ju8d irtome 10.69) 3,227 17.043 10,326 12 Credltors: amounts lalllng due wtthln one y•ar 2022 2021 Borrowngs Other taxats.on arKI socaal s8cJJnty Payments received on aexount Accruals and deferred income 20,C 428 29,759 13,451 50,OCK) 6,148 5,243 63,838 61,759 13 Cr•ditors: amounts falliw due after more than one year 202Z 2021 avanka loan 20,CrfXI 60,C 14-
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THE GREAT WOOD TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 15 Analysis of net assets between funds Total unrestri Restricted 2021 2021 Total 2021 2022 2022 Fund at 31 Marth 2022 are represented by. Tangible assets Current assetsllliat4.1"es1 Lon9 term I111$ 394.708 (19,825} {20.[) 768.717 1.183,425 {19.8251 120. 421.LK {13.9391 160.(KKJI 778,469 1,199,475 17.529} {60,ow} 354,883 788.717 1.123.e 347.097 784.849 1,131.948 18 Rdated party traMa¢ttons Th¢ Great )0 Trust 1$ affiliated to knpbjre ISUI {RegiSterj Chanty r. 11202401 through Su's Associe Trust schème. SU has no over the Charis affairs, offers advice and support for its various ministries. As disd0s8d in the Twst8es' rewt W"LY to 13th August 2014 the Charity managed the eat campiTrJ site cn bahl ofthe fom¢rfreehotds, SU undar the tenns of ¥ licen wareement 16-