##
|||Page||
|---|---|---|---|
|Reference and Administrative
Details||||
|Trustees'
Report|2|to|4|
|Independent
Examiner's
Report||||
|Statement of Financial Activities||||
|Balance Sheet|7|to|8|
|Cash Flow Statement||||
|Notes to the Cash Flow Statement||10||
|Notes to the Financial Statements|11 to||21|
|Detailed Statement
ofFinancial Activities|22|to|23|
##
|TRUSTEES||S Dannan
(resigned|1.5.22)||
|---|---|---|---|---|
|||J G H Fulbrook|||
|||J R Lee|||
|||N Hooper (resigned|1.5.22)||
|||C H Sweeney
(resigned 1.3.21)|||
|||D Tomklnson
(resigned 1.3.21) (re-appointed||1.5.22)|
|||RJ Kellaway|||
|COMPANY SECRETARY||A Platt|||
|REGISTERED OFFICE||Longrldge|||
|||Quarry Wood Road|||
|||Marlow|||
|||Buckinghamshlre|||
|||SL7 1RE|||
|REGISTERED COMPANY NUMBER||06338726 (England|and Wales)||
|REGISTERED CHARlTY NUMBER||1121239|||
|INDEPENDENT|EXAMINER|Richardson Jones|||
|||Chartered
Accountants|||
|||Mercury
House|||
|||19-21Chapel Street|||
|||Marlow|||
|||Buckinghamshire|||
|||SL7 3HN|||
|CHIEF EXECUTIVE OFFICER||A K Folster OBE|||
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|||||||31.10.21|31.10.20|
|---|---|---|---|---|---|---|---|
|||||Unrestdcted|Restricted|Total|Total|
||||Notes|funds
f|funds
f|fundsf|funds|
|INCOME AND ENDOWMENTS||FROM||||||
|Donations
and legacies||||184,648||184,648|240,279|
|Charitable
activities||||||||
|Charitable
activities||||766,873||766,873|281,587|
|Other trading
activities||||19,943||19,943|10,031|
|Investment
income
Other income||||36||36|134
~1639|
|Total||||971,500||971,500|533,670|
|EXPENDITURE ON||||||||
|Charitable
activities||||||||
|Charitable
activities||||738,932||738,932|581,928|
|Other||||~24 823||~24 823||
|Total||||763,755||763,755|581,928|
|NET INCOME/(EXPEND1TURE)||||207,745||207,745|(48,258)|
|Transfers between|funds||19|~182106)|~182 106|||
|Net movement
ln funds||||25,639|182,106|207,745|(48,258)|
|RECONCILIATION
OF FUNDS||||||||
|Total funds brought|forward|||1 119881|873~150|1993031|2)041~289|
|TOTAL FUNDS CARRIED FORWARD||||~1145520|~1055 256|~2200 776|~1993031|
##
##
|||||||31.10.21|31.10.20|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|||||funds|funds|funds|funds|
||||Notes|6|I|I|6|
|FIXEDASSETS||||||||
|Tangible assets|||13|1,195,874|1,050,123|2,245,997|2,304,580|
|CURRENT ASSETS||||||||
|Stocks|||14|1,286||1,286||
|Debtors
Cash at bank and|In hand||15|35,687
~442 969|~5133|35,687
~448 102|55,345
~258 056|
|||||479,942|5,133|485,075|313,401|
|CREDITORS||||||||
|Amounts
falling due within||one year|16|(133,104)||(133,104)|(201,447)|
|NET CURRENT ASSETS||||~346 838|~5133|~351971|~111954|
|TOTAL ASSETS|LESSCURRENT LIABILITIES|||1 542 712|1 055 256|2 597 968|2g416~534|
|CREDITORS||||||||
|Amounts
falling due after||mote than one year|17|(397,192)||(397,192)|(423,503)|
|NET ASSETS||||~1145520|~1055256|~2200 776|~1993031|
|FUNDS|||19|||||
|Unrestricted
funds||||||1,145,520|1,119,881|
|Restrkted
funds||||||~1055 256|~873 150|
|TOTAL FUNDS||||||~2200 776|~1993031|
##
##
##
##
|||FOR|THE YEAR ENDED|31STOCTOBER 2021||
|---|---|---|---|---|---|
|||||'31.10.21|31,10.20|
||||Notes|5|5|
|Cash Rows from operating
activities
Cash generated
from operations|||1|~275 082|~4216|
|Net cash provided
by operating||activities||~275 082|~4216|
|Cash flows from investing|activities|||||
|Purchase
of tangible
fixed assets
Sale of tangible
fixed assets||||(68,881)
~11 820|(13,040)
~7494|
|Net cash used
in investing
activities||||~57 061)|~5546)|
|Cash flows from financing|activides|||||
|New loans
In year|||||75,000|
|Loan repayments
in year||||~27 975)|~14650)|
|Net cash (used In)/provided|by|financing|actMtles|~27 975)|~60 350|
|Change
In cash and cash|equivalents||In|||
|the reporting
period||||190,0-'l6|59,020|
|Cash and cash equivalents||at the||||
|beginning
ofthe reporting||period||~258 056|~199036|
|Cash and cash equivalents||at the end of||||
|the repordng
period||||~448 102|~258 056|
##
##
||||FOR THE YEAR ENDED 31S|FOR THE YEAR ENDED 31S|FOR THE YEAR ENDED 31S|TOCTOBER 2021|||
|---|---|---|---|---|---|---|---|---|
|RECONCILIATION||OF|NET INCOME/(EXPENDITURE)|||TO NET CASH FLOW|FROM OPERATING||
|ACTIVITIES|||||||||
||||||||31.10.21|31.10.20|
||||||||6|I|
|Net Income/(expenditure)||||for the reporting|period|(as per the|||
|Statement|of Financial||Activities)||||207(745|(48,258)|
|Adjusbnents|for:||||||||
|Depreciation|charges||||||90,821|70,012|
|Loss/(proflt)|on disposal||of fixed assets||||24,823|(1,639)|
|increase In stocks|||||||(1,286)||
|Decrease
in debtors|||||||19,658|8,592|
|Decrease
In creditors|||||||~66 679)|~24 491|
|Net cash provided||by operations|||||~275 082|~4216|
|ANALYSIS OF CHANGES IN||||NET DEBT|||||
|||||||At 1.11.20
I|Cash flow
I|At 31.10.21
6|
|Net cash|||||||||
|Cash at bank|and
In|hand||||~258 056|~190046|~448 102|
|||||||~258 056|~190046|~448 102|
|Debt|||||||||
|Debts falling|due within
1year|||||(54,923)|1,664|(53,259)|
|Debts falling|due alter 1||year|||~423 503)|~26 311|~397 192)|
|||||||~478 426|~27 975|~450451)|
|Total||||||~220 370)|~218021|~2349|
##
##
##
##
##
##
##
##
|DONATIONS|AND LEGACIES|AND LEGACIES|AND LEGACIES|||
|---|---|---|---|---|---|
|||||31.10.21I|31.10.20
E|
|Donations||||93/772|74,836|
|Grants||||~90 876|~165443|
|||||~184648|~240 279|
|Grants received,||included|In the above, are as follows:|||
|||||31.10.21
E|31.10.20I|
|Other grants||||~90876|~165443|
##
|||||||||
|---|---|---|---|---|---|---|---|
|3.|OTHER TRADING ACTIVITIES|||||||
|||||||31.10.21|31.10.20|
|||||||f|f|
||Rental Income|||||~19 943|~10 031|
|4.|INVESTMENT INCOME|||||||
|||||||31.10.21|31.10.20|
|||||||f|f|
||Bank interest|||||36|134|
|5.|INCOME FROM CHARITABLE ACTIVITIES|||||||
|||||||31.10.21|31.10.20|
||||Activity|||f|f|
||Charitable
activities||Charitable|activities||~766 873|~281 587|
|6.|CHARITABLE ACTIVITIES COSTS|||||||
||||||Direct|Support||
||||||Costs (see|costs (see||
||||||note 7)f|note 8)f|Totalsf|
||Charitable
activities||||~457 670|~281 262|~738 932|
|7.|DIRECT COSTS OF CHARITABLE ACTIVITIES|||||||
|||||||31.10.21|31.10.20|
|||||||f||
||Staff costs|||||292,821|180,667|
||Marketing|||||5,672|5,468|
||Activity costs|||||23,466|10,553|
||Hospitality
and catering|||||40,545|28,029|
||Bad debt|||||4,345|(2,909)|
||Depredation|||||~90
21|~70 012|
|||||||~457 670|~291 820|
|8.|SUPPORT COSTS|||||||
||||||Management
f|Financef|Totalsf|
||Charitable
activities||||~249 671|~31 591|~281 262|
||Support costs, Included|In the|above, are|as follows:||||
||Management|||||||
|||||||31,10.21|31.10.20|
|||||||Charitable|Total|
|||||||activides
f|activitiesf|
||Wages|||||68,005|97,790|
||Social security|||||8,083|10,731|
||Pensions|||||1,439|1,762|
||Travel|||||4,949|5,521|
||Facilities|||||77,215|67,487|
||ITand Communications|||||25,473|18,443|
||Legal and professional|fees||||46,738|28,181|
||Unrecovered
VAT|||||~16393|~23 734|
||Carried forward|||||248,295|253,649|
##
##
##
|Management||-continued|-continued|-continued|||
|---|---|---|---|---|---|---|
||||||31.10.21|31.10.20|
||||||Charitable|Total|
||||||activities|activities|
||||||E|f|
|Brought forward
Other support staff costs|||||248,295
~1376|253,649
418|
||||||~249 671|~254 067|
|Finance|||||||
||||||31.10.21|31.10.20|
||||||Charitable|Total|
||||||activities|activities|
||||||E|E|
|Insurance|||||20,720|21,136|
|Bank charges|||||~10871|~14605|
||||||~31 591|~35 741|
|Governance|costs||||||
||||||31,10.21|31.10.20|
||||||Total|Total|
||||||activities
E|activitiesf|
|Auditors'
remuneration|||for|non audit work||300|
|NET INCOME/(EXPENDITURE)|||||||
|Net income/(expenditure)||||is stated alter charging/(crediting):|||
||||||31.10.21|31.10.20|
||||||E|f|
|Auditors'
remuneration|||for|non audit work|(3,200)||
|Other assurance||services|||3,200|300|
|Depredation|- owned assets||||90,821|70,015|
|(Deficit)/surplus||on dBposal of fixed assets|||~24 823|~1639)|
##
##
##
##
|The total remuneration
and benefits
paid to key management
staff for the year wa|The total remuneration
and benefits
paid to key management
staff for the year wa|The total remuneration
and benefits
paid to key management
staff for the year wa|s 646,667 (2020|- 637,724).|
|---|---|---|---|---|
|COMPARATD/ES
FOR THE STATEMENT OF FINANCIAL ACTIVITIES|||||
|||Unrestricted|Restricted|Total|
|||funds|funds|funds|
|||6|f|6|
|INCOME AND ENDOWMENTS|FROM||||
|Donations
and legacies||215,279|25,000|240,279|
|Charitable
activities|||||
|Charitable
actMtles||281,587||281,587|
|Other trading
acthrltles||10,031||10,031|
|Investment
income
Other Income||134
~1639||134
~1639|
|Total||508,670|25,000|533,670|
|EXPENDITURE ON|||||
|Charitable
activities|||||
|Charitable
activities||523,825|58,103|581,928|
|NET INCOME/(EXPENDITURE)||(15~155)|(33~103)|(48,258)|
|Transfers between funds||~25 368|~25 368)||
|Net movement
in funds||10,213|(58,471)|(48,258)|
|RECONCILIATION
OF FUNDS|||||
|Total funds brought forward||1,109,668|931621|2g041(289|
|TOTAL FUNDS CARRIED FORWARD||~1119881|~873 150|~1993031|
##
##
##
|TANGIBLE FIXEDASSETS||||
|---|---|---|---|
||Freehold|Improvements|Plant and|
||propertyf|to propertyf|machinery
f|
|COST||||
|At 1st November
2020|1,403,807|1,274,184|388,949|
|Additions
Disposals|~31904)|~21409)|25,081
~120762)|
|At 31stOctober 2021|~1371903|~1252 775|~293 268|
|DEPRECIATION||||
|At 1st November
2020|225,908|283,293|326,051|
|Charge for year
Eliminated
on disposal|22,807
~23387)|29(798
~7813)|21~474
~115563)|
|At 31stOctober 2021|~225 328|~305278|~231962|
|NET BOOK VALUE
At 31stOctober 2021|~1146575|~947 497|~61 306|
|At 31stOctober 2020|~11,77 899|~990 891|~62 898|
||Fixtures|||
||and|Computer||
||fittings|equipment|Totals|
||f|f|f|
|COST||||
|At 1st November
2020|100,255|30,362|3,197,557|
|Additions
Dispose la|41,806
~17040)|1,994
~23 258)|68,881
~214373)|
|At 31stOctober 2021|~125021|~9098|~3052 065|
|DEPRECIATION||||
|At 1st November
2020|35,836|21,889|892,977|
|Charge for year
Eliminated
on disposal|16,093
~15808)|649
~15159)|90,821
~177730)|
|.At 31stOctober 2021|~36 121|~7 379|~806 068|
|NET BOOK VALUE
At 31stOctober 2021|~88 900|~1719|~2245 997|
|At 31stOctober 2020|~64 419|~8 473|~2 304 580|
##
##
##
##
|STOCKS||||||||
|---|---|---|---|---|---|---|---|
|||||||31.10.21|31.10.20|
|||||||f|f|
|Consumables||||||~1286|'|
|Consumables|represents||the cost of cafe stores, food, cleaning||materials|and goods for resale|In the provider.|
|DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR||||||||
|||||||31.10.21|31.10.20|
|||||||f|f|
|Trade debtors||||||31,718|23,853|
|Other debtors||||||3,315|31,081|
|Prepayments|and accrued|||Income||654|411|
|||||||~35 687|~55 345|
|CREDITORS: AMOUNTS||||FALLING DUE WITHIN ONE YEAR||||
|||||||31.10.21|31.10.20|
|||||||f||
|Bank loans and overdrafts||||(see note 18)||51,459|53,123|
|Other loans (see note||18)||||1,800|1,800|
|Trade creditors||||||23,195|31,161|
|Social security|and other||taxes|||8,155|5,602|
|VAT||||||1,705|3,934|
|Other creditors||||||5,772|1,928|
|Accruals and|deferred|Inc|||||99|
|||||||~133 104|~201 447|
##
|||Under 1year|Over 1year|Total|
|---|---|---|---|---|
|At 1.11.2020||f92,499|fg|f92,499|
|Additions
during
Amounts
released|the year
to income|f38,662|fg
~f|f38,662
~3|
|At 31.10.2021|||f0|f38018|
##
##
##
##
|CRE|DITO|RS: A|MOU|NTS
FALLING DUE AFTER MO|RE THAN ONE YEAR||
|---|---|---|---|---|---|---|
||||||31.10.21|31.10.20|
|||||||f|
|Bank|loans|(see|note|18)|347,592|373,903|
|Other|loans|(see|note|18)|~49 600|~49 600|
||||||~397 192|~423 503|
##
##
##
|An analysis of the m|aturity||of|loans Is given below|:||||
|---|---|---|---|---|---|---|---|---|
||||||||31.10.21|31.10.20|
||||||||E|E|
|Amounts
falling due|within||one year on demand:||||||
|Bank loans|||||||51,459|53,123|
|Otherloans|||||||~1800|~1800|
||||||||~53 259|~54 923|
|Amounts
falling between||one||and two years:|||||
|Bank loans - 1-2years|||||||~20 000|~20 000|
|Amounts
falling due|between|||two and five years:|||||
|Bank loans - 2-5 years|||||||28,333|28,333|
|Other loans - 2-5 years|||||||~32 200|~32 200|
||||||||~60 533|~60 533|
|Amounts
falling due|in more than five years:||||||||
|Repayable
by instalments:|||||||||
|Bank loans more 5 yr by||Instal|||||299,259|325,570|
|Repayable
otherwise|than||by|instalments:|||||
|Other loans more Syrs non-Inst|||||||~17 400|~17 400|
|MOVEMENT IN FUNDS|||||||||
|||||||Net|Transfers||
|||||||movement|between|At|
||||||At 1.11.20|in funds|funds|31.10.21|
||||||f|E|E|E|
|Unrestricted
funds|||||||||
|General fund
Designated
funds|||||969,881
~150 000|207,745|(182,106)|995,520
~150000|
||||||1,119,881|207,745|(182,106)|1,145,520|
|Restricted funds|||||||||
|Development
fund
Rood Relief Fund|||||868,017
~5133||182,106|1,050,123
~5133|
||||||~873 150||~182 106|~1055256|
|TOTAL FUNDS|||||~1993031|~207 745||~2200 776|
##
##
||||||||Incoming|Resources|Movement|
|---|---|---|---|---|---|---|---|---|---|
||||||||resources
f|expended
f|In funds
f|
|Unrestricted|funds|||||||||
|General fund|||||||971,S00|(763,755)|207,745|
|TOTAL FUNDS|||||||~971500|~763755)|~207 745|
|Comparatlves
for||movement||ln funds||||||
||||||||Net|Transfers||
||||||||movement|between|Ai|
|||||||At 1.11.19|in fundsf|fundsf|31,10.20f|
|Unrestricted|funds|||||||||
|General
fund
Designated
funds||||||959,668
~150000|(15,155)|25,368|969,881
~150000|
|||||||1,109,668|(15,155)|25,368|1,119,881|
|Restricted funds||||||||||
|Development
Flood Relief|fund
Fund|||||901,095
~30 526|(33,078)
~25)|~25 368)|868,017
~5133|
|||||||~931621|33 103|~25 368|~873 150|
|TOTAL FUNDS||||||~2041 289|~48 258)||~1993031|
|Comparative|net movement||In|funds,|included|in the above are as follows:||||
||||||||incoming|Resources|Movement|
||||||||resources
f|expended
f|In funds
f|
|Unrestricted|funds|||||||||
|General fund|||||||508,670|(523,825)|(15,155)|
|Restricted funds||||||||||
|Development|fund|||||||(33,078)|(33,078)|
|Flood Relief|Fund|||||||(25)|(25)|
|Berkeley Foundation||funding|||||~25 000|~25 000)||
||||||||~25 000|~58 103)|~33 103)|
|TOTAL FUNDS|||||||~533 670|~581 928)|~48 258)|
##
##
##
|||||||Net|Transfers||
|---|---|---|---|---|---|---|---|---|
|||||||movement|between|At|
|||||At|1.11.19|In funds|funds|31.10.21|
||||||f|f|f|f|
|Unrestricted||funds|||||||
|General
fund
Designated
funds||||959,668
~150000||192,590|(156,738)|995,520
~150000|
|||||1,109,668||192,590|(156,738)|1,145,520|
|Restricted|funds||||||||
|Development
Rood Relief||fund
Fund||901,095
~30 526||(33,078)
~25)|182,106
~25 368)|1,050,123
~5133|
|||||~931621||~33 103|~156738|~1055256|
|TOTAL FUNDS||||~2041 289||~159487||~2200 776|
|A current
year 12 months||||and prior year 12 months|combined|net movement|In funds,
Included|In the above ar|
|as follows:|||||||||
|||||||Incoming|Resources|Movement|
|||||||resources
f|expendedf|In funds
f|
|Unrestricted||funds|||||||
|General
fund||||||1,480,170|(L287~580)|192(590|
|Restricted|funds||||||||
|Development||fund|||||(33,078)|(33,078)|
|Flood Relief||Fund|||||(25)|(25)|
|Berkeley Foundation|||funding|||~25 000|~25 000)||
|||||||25 000|~58 103)|~33 103)|
|TOTAL FUNDS||||||1~505170|(1~345683)|~159487|
##
##
##
##
##
##
##
|||DETAILED STATEMENT OF FINANCIAL ACTIVITIES|||
|---|---|---|---|---|
|||FOR THE YEAR ENDED 31STOCTOBER 2021|||
||||31.10,21|31.10.20|
||||I|I|
|INCOME AND|ENDOWMENTS||||
|Donations
and|legacies||||
|Donations|||93,772|74,836|
|Grants|||~90876|~165443|
||||184,648|240,279|
|Other trading|activities||||
|Rental Income|||19,943|10,031|
|Investment
Income|||||
|Bank Interest|||36|134|
|Charitable
acUvities|||||
|Charitable
activities|||766,873|281,587|
|Other income|||||
|Gain on sale of tangible||fixed assets||~1639|
|Total incoming|resources||971,500|533,670|
|EXPENDITURE|||||
|Charitable
actlvlUes|||||
|Wages|||276,267|172,773|
|Social security|||12,140|5,386|
|Pensions|||4,414|2,508|
|Marketing|||5,672|5,468|
|Activity costs|||23,466|10,553|
|Hospitality
and catering|||40,545|28,029|
|Bad debt|||4,345|(2,909)|
|Plant and machinery|||~90 821|~70 012|
||||457,670|291,820|
|Other|||||
|Loss on sale of tangible||fixed assets|24,823||
|Support costs|||||
|Management|||||
|Wages|||68,005|97,790|
|Social security|||8,083|10,731|
|Pensions|||1,439|1,762|
|Travel|||4,949|5,521|
|Facilities|||77,215|67,487|
|ITand Communications|||25,473|18,443|
|Legal and professional||fees|46,738|28,181|
|Unrecovered
VAT
Other support
staff costs|||16,393
~1376|23,734
418|
||||249,671|254,067|
|Finance|||||
|Insurance|||20,720|21,136|
|Carried forward|||20,720|21,136|
##
##
||FOR THE YEAR ENDED 31ST|OCTOBER 2021||
|---|---|---|---|
|||31.10.21
6|31.10.20I|
|Finance||||
|Brought forward||20,720|21,136|
|Bank charges||~10871|~14605|
|||31,591|35,741|
|Governance costs||||
|Auditors'
remuneration|for non audit work||300|
|Total resources expended||~763 755|~581 928|
|Net Income/(expenditure)||~207 745|~48 258)|