2021-03-31-accounts

Registered Oflice: Kingsnorth House	Operational address ofCharity: Woodlands Adventure 5Outdoor	Learning
Blenheim Way Birmingham	Bourne Vale, Aldridge
B448LS	Walsall, WS9 OSH
Independent Examiner".	Bankers:
Karen Hanlanlndependent	HSBC Bank Pic
Examiner Limited	53Anchor Road
12Waterloo Close, Wellesbourne	Aldridge
Warwickshire, CV35 9JG	Walsall, WS9 8AD

			Un-
			restricted	Restricted	Total	Total
			funds	funds	funds	funds
Income from:		Note	2021	2021	2021	2020
					f	f
Donations and legacies			134,779	10,534	145,313	85,032
Charitable activities			5,974		5,974	273,431
Trading activities						3,254
investments			13,300		13,300	20,021
Total income			154,053	10,534	164,587	381,738
Expenditure on:
Raising funds			637		637	4,821
Charitable activities			238,419		242,183	395,422
Other expenditure			1,076		1,076	735
Total expenditure			240,132	3,764	243,896	400,978
Net gains/(losses) on investments			74,480		74,480	(33,972)
Net (expenditure)/	income		(11,599)	6,770	(4,829)	(53,212)
Transfers between	funds		3,334	(3,334)
Other recognized (losses)/gains		17	(1,381)		(1,381)	1,298
Net movement in funds			(9,646)	3,436	(6,210)	(51,914)
Reconciliation offunds:
Total funds brought	forward	12	1,080,276	6,431	1,086,707	1,138,621
Total funds carried	forward		1,0701630	9,867	1,080,497	1,086,707

			2021	2020
Balance sheet			f
Fixed Assets
Tangible assets			674,303	726,097
Investments
Fixed asset	investments		453,241	378,761
			1,127,544	1,104,858
Current Assets'
Stock			2,217	2,854
Debtors			39,106	19,085
Cash at bank and in hand			101,739	123,552
			143,062	145,491
Current Liabilities
Creditors: amounts	falling due within one year	10	(159,939)	(125,708)
Net current (liabilities)/assets			(16,877)	19,783
Total assets less current liabilities			1,110,667	1,124,641
Creditors: amounts	falling due after more than one year	11	(30,170)	(37,934)
Net assets			1,080,497	1,086,707
Funds ofthe Charity:
Restricted Funds		12	9,867	6,431
Unrestricted Funds
General reserve			1,111,021	1,128,134
Designated	pension reserve		(40,391)	(47,858)
Total un-restricted	funds		1,070,630	1,080,276
Total charity funds			1,080,497	1,086,707
Registered Company number: 06311234
The accompanying accounting policies and notes form part ofthese financial		statements.

Donations and legacies
		2021	2020
		f	E
Unrestricted donations,	legacies and grants:
Donations from Individuals		6,946	4,222
Legacies		14,787	14,339
Job Retention Support	Scheme	79,577	9,160
Covid Support Grant from WMBC		10,669
Channel Training Grant			1,500
Grants from Charitable	Foundations	22,800	35,055
		134,779	64,276
Restricted donations and grants:
Donations from corporations			1,722
Grants from Charitable	Foundations	10,534	19,034
		10,534	20,756
		145,313	85,032

			2021	2020
			f	f
Income from residential		and day visits tothe Centre	2,464	268,511
Rental income for use offacilities			3,510	4,920
			5,974	273,431
3.Trading	activities
			2021	2020
			f	f
Income from sale ofgoods				3,254
4.Investments
			2021	2020
			f	f
Dividends	from listed investments		13,238	19,884
Bank interest			62	137
			13,300	20,021

.Expenditure
			Unrestricted	Restricted	2021
			funds	funds	Total
			f		f
Raising funds:
Shop purchases			637		637
Investment management		costs
			637		637
Charitable activities:
Staff costs			145,768		145,768
Training costs			293		293
Depreciation			56,128		56,128
Motor 8 travel expenses			320		320
Equipment, Repairs and Maintenance			3,652	3,764	7,416
Heating and lighting			3,547		3,547
Water rates &service	charges		6,550		6,550
Insurance			8,950		8,950
Telephone			1,360		1,360
Animal upkeep			384		384
Office and sundry expenses			6,056		6,056
Accountancy fees			1,200		1,200
Legal and professional fees Independent Examiner's fee (including f260for			1,388		1,388
accounting services)			1,500		1,500
Trustee Indemnity Insurance			1323		1323
			238,419	3,764	242,183
Other expenditure:
Interest charge on pension		liability	1,076		1,076

				Unrestricted	Restricted	2020
				funds	funds	Total
				f	f	f
Raising funds:
Shop purchases				1,751		1,751
Investment management			costs	3,070		3,070
				4,821		4,821
Charitable activities:
Staff costs				252,807		252,807
Training costs				7,010		7,010
Depreciation				61,028		61,028
Motor 5travel expenses				3,081		3,081
Equipment, Repairs	and Maintenance			26,306	4,406	30,712
Heating and lighting				16,358		16,358
Water rates and service charge (see note A)				(14,301)		(14,301)
Insurance				16,626		16,626
Telephone				1,364		1,364
Animal upkeep				327		327
Office and sundry expenses				10,510	570	11,080
Accountancy fees				1,200		1,200
Legal and professional		fees		5,280		5,280
Independent Examiner's fee (including f260for
accounting services)				1,500		1,500
Trustee Indemnity	Insurance			1,350		1,350
				390,446	4,976	395,422
Other expenditure:
Interest charge on pension			liability	735		735

		2021	2020
		f	f
Wages	and salaries	13&,435	240,211
National	Insurance	4,573	8,863
Pension	costs	2,760	3,733
		145,768	252,807

		2021	2020
Centre Managers	and assistants	7	18
Administration		2	2
		9	20

Tangible fix	ed assets
			Furniture,
		Woodlands	fittings,
		Centre (Freehold	equipment &
		land &buildings) f	motor vehicles f	Total f
Cost
At beginning	ofyear	980,350	152,638	1,132,988
Additions			4,334	4,334
Disposals
At end ofyear		980,350	156,972	1,137,322
Depreciation
At beginning	ofyear	337,739	69,152	406,891
Disposals
Charge for the year		30,577	25,551	56,128
At end ofyear		368,316	94,703	463,019
Net BookValue
At 31March	2021	612,034	62,269	674,303
At 31March	2020	642,611		726,097

8.Fixed asset Investme	nts
				2021	2020
Listed Investments				f
Market value at beginning		ofyear		378,761	412,730
Acquisitions at cost					464,500
Sales proceeds from	disposals				(464,497)
Net gains/(losses) in	year			74,480	(33,972)
Market value at end	ofyear			453,241	378,76,1
Historic cost at end ofyear				367,034	367,034
Investments representing		over 5%ofthe portfolio were:
CCLA —COIF Charities	Investment		Fund	453,241	378,761
9.Debtors
				2021	2020
				f	f
Trade debtors				33,072	3,373
Other debtors and prepayments				6,034	15,712
				39,106	19,085

0.Credito	rs. " amounts	fall	ing d	ue with	in	one year
							2021	2020
							f	f
Trade creditors							7,510	7,200
Social security and other			taxes				1,745	2,175
Accruals							4,916	3,054
Other creditors							1,535	1,511
Liability	for pension	deficit contributions				(note 17)	10,221	9,924
Deposits	and income received			in advance			134,012	101,844
							159,939	125,708
Deferred	income:						2021	2020
							f	f
Balance	brought forward						101,844	125,607
Transferred to statement			offinancial		activities		(101,844)	(125,607)
Deferred	in year						134,012	101,844
Balance	at end ofyear						134,012	101,844

2021	2020
f	f
30,170	37,934

2.Moveme	nt in funds
			Balance				Balance
			At beginning		Expendi		At end of
2021 Restricted	funds:		ofyearf	Income f	ture f	Transfers f	year f
Equipment	replacement		6,431	6,670	(2,900)	(3,334)	6,867
Ratcliffe Foundation		-Visitor Building
project (currently on		hold)		2,000			2,000
Edward &	Dorothy Cadbury Trust —Tree
maintenance				864	(864)
Rowlands	Trust —CCTV equipment			1,000			1,000
Tota I restricted funds			6,431	10,534	(3,764)	(3,334)	9,867
			Balance				Balance
			At beginning		Expendi		At end of
2020 Restricted	funds:		ofyear f	Income	ture f	Transfers f	yearf
29th May	1962Charitable Trust—
Climbing cabin			3,780			(3,780)
Equipment	replacement &.training		7,773	20,756	(4,976)	(17,122)	6,431
Total restricted funds			11,553	20,756	(4,976)	(20,902)	6,431

3.Analysis o	fnet asse	ts betwee	n funds
				Restricted	Un-
				funcis	restricted
2021					funds	Total
					f	f
Fixed assets					674,303	674,303
Investments					453,241	453,241
Current assets				9,867	133,195	143,062
Current liabilities					(159,939)	(159,939)
Long term liabilities					(30,170)	(30,170)
Total funds				9,867	1,070630	1080 497
				Restricted	Un-
				funds	restricted
2020					funds	Total
					f	f
Fixed assets					726,097	726,097
Investments					378,761	378,761
Current assets				6,431	139,060	145,491
Current liabilities					(125,708)	(125,708)
Long term liabilities					(37,934)	(37,934)
Total funds				6431	1080276	1086707
4.Operating	lease commitments
The following Expiring:	annual	operating	lease payments	are committed to be paid:	2021 f	2020 f
Within one year
Between two and five		years			507	507

	1	A	I	2016t	30S t b 2025'	f12,945,440 Per annum (Payable monthly'and increasing 3%each on 1stApril) annum(payable	bY
From	1	April		016t 2 o	3Q5 t b2Q28 0Sep ember 2028:	f54,560per monthly and increasing by on 1st April)	3%each

				31	March 2021	31March 2020	31March 2019
					(f's)	(f's)	(E's)
Present	value	of	provision		40,391	47,858	58,056

						Year Ending	Year Ending
						31March 2021	31March 2020
						(Es)	(Es)
Provision	at start of period					47,858	58,056
Unwinding	ofthe	discount factor	(interest	expense)		1,076	735
Deficit contribution		paid				(9,924)	(9,635)
Remeasurements		- impact of any	change	in assumptions		(1,381)	(1,298)
Remeasurements		-amendments	to the contribution		schedule
Provision	at end of period					40,391	47,858

					Year Ending	Year Ending
					31March 2021	31March 2020
					(Es)	(Es)
Interest expense					1,076	735
Remeasurements	—impact of any	change	in assumptions		1,381	(1,298)
Remeasurements	—amendments	to the contributions
schedule
SSUMPTIONS
			31March	2021	31March 2020	31March 2019
			%per annum		%per annum	%per annum
Rate ofdiscount				0.66	2.53	1.39

		31	March 2021	31March 2020	31March 2019
			(fs)	(fs)	(Es)
Year	1		10,221	9,924	9,635
Year	2		10,528	10,221	9,924
Year	3		10,844	10,528	10,221
Year	4		9,308	10,844	10,528
Year	5			9,308	10,844
Year	6				9,308

				Un-restricted	Restricted
Income from:				funds	funds	Total funds
				E	E	E
Donations and legacies				64,276	20,756	85,032
Charitable activities				273,431		273,431
Trading activities				3,254		3,254
Investments				20,021		20,021
Total income				360,9&2	20,756	381,738
Expenditure on:
Raising funds				4,821		4,821
Charitable activities				390,446	4,976	395,422
Other expenditure				735		735
Total expenditure				396,002	4,976	400,978
Net losses on investments				(33,972)		(33,972)
Net (expenditure)/income			for year	(68,992)	15,780	(53,212)
Transfers between		funds		20,902	(20,902)
Other recognized	gains			1,298		1,29&
Net movement in	funds			(46,792)	(5,122)	(51,914)
Reconciliation of	funds:
Total funds brought		forward		1,127,068	11,553	1,138,621
Total funds carried		forward		1,080,276	6,431	1,086,707