##
||Page|Page||
|---|---|---|---|
|Reference and Administrative
Details||||
|Trustees'
Report|2|to|6|
|Report ofthe Independent
Auditors|7|to|8|
|Statement of Financial Activities||||
|Balance Sheet|10|to|11|
|Cash Flow Statement||12||
|Notes to the Cash Flow Statement||13||
|Notes to the Financial Statements|14|to|23|
##
|TRUSTEES|j G H Fulbrook
j R Lee
Rj Kellaway||||
|---|---|---|---|---|
||D Tomkinson||||
||M Hermon
(appointed||4.11.22)||
||E W N Plunket-Checkemian
(resigned 1.8.23)
j E Skipper (appointed 4.11.22)||||
||SSoko||||
||Sj Bowles (resigned|22.9.23)|||
||G M Clark (appointed|22.9.23)|||
||C Houghton
(appointed||20.2.24)||
|COMPANY SECRETARY|A Foister||||
|REGISTERED OFFICE|Longridge||||
||Quarry Wood Road||||
||Marlow||||
||Buckinghamshire||||
||SL7 1RE||||
|REGISTERED COMPANY NUMBER|06338726 (England|and Wales)|||
|REGISTERED CHARITY NUMBER|1121239||||
|AUDITORS|Richardson
jones||||
||Chartered
Accountants||&.||
||Registered
Auditors||||
||Mercury
House||||
||19-21Chapel Street||||
||Marlow||||
||Buckinghamshire||||
||SL7 3HN||||
|CHIEF EXECUTIVE OFFICER|A Foister||||
|BANKERS|National
Westminster||Sank|Pic|
||33 High Street||||
||High Wycombe||||
||HP11 2AG||||
##
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##
|||||||3]..10.23|31.10.22|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|||||funds|funds|funds|funds|
||||Notes|E|E|E|E|
|INCOME AND ENDOWMENTS||FROM||||||
|Donations
and legacies||||122,585||122,585|90,047|
|Charitable
activities||||||||
|Charitable
activities||||919,703||919,703|853,982|
|Other trading
activities||||22,770||22,770|21,156|
|Investment
income||||2,349||2,349|282|
|Other income||||12,624||12,624||
|Total||||1,080,031||1,080,031|965,467|
|EXPENDITURE ON||||||||
|Charitable
activities||||||||
|Charitable
activities||||1,045,465|42,849|1,088,314|1,143,707|
|Other||||660||660|5,211|
|Total||||1,046,125|42,849|1,088,974|1,148,918|
|NET INCOME/(EXPENDITURE)||||33,906|(42,849)|(8,943)|(183,451)|
|RECONCILIATION|OF FUNDS|||||||
|Total funds brought|forward|||943,773|1,019,185|1,962,958|2,146,409|
|TOTAL FUNDS CARRIED FORWARD||||977,679|976,336|1,954,015|1,962,958|
##
##
||||31STO|
CTOBER 2023|||||
|---|---|---|---|---|---|---|---|---|
|||||||31.10.23||31.10.22|
|||||Unrestricted|Restricted|Total||Total|
|||||funds|funds|funds||funds|
||||Notes|E||E||E|
|FIXEDASSETS|||||||||
|Tangible assets|||13|1,236,059|976,336|2,212,395||2,276,492|
|CURRENT ASSETS|||||||||
|Stocks|||14|6,187||6,187||3,230|
|Debtors|||15|14,366||14,366||86,593|
|Cash at bank and||in hand||248,805||248,805||222,430|
|||||269,358||269,358||312,253|
|CREDITORS|||||||||
|Amounts
falling|due within one year||16|(290,175)||(290,175)||(308,614)|
|NET CURRENT||ASSETS||(20,817)||(20,817)||3,639|
|TOTAL ASSETS||LESSCURRENT LIABILITIES||1,215,242|976,336|2,191,578||2,280,131|
|CREDITORS|||||||||
|Amounts
falling|due after more than one year||17|(237,563)||(237,563)||(317,173)|
|NET ASSETS||||977,679|976,336|1,954,015||1,962,958|
|FUNDS|||19||||||
|Unrestricted
funds:|||||||||
|General
fund||||||827,679||793,773|
|Designated
funds||||||150,000||150,000|
|||||||977,679||943,773|
|Restricted funds:|||||||||
|Development|fund|||||976,336||1,014,052|
|Flood Relief Fund||||||||5,133|
|||||||976,336||1,019,185|
|TOTAL FUNDS||||||ii954~015|i|ii962~958|
##
|||FOR|
THE YEAR ENDED 3|1STOCTOBER 2023||
|---|---|---|---|---|---|
|||||31.10.23|31.10.22|
||||Notes|E|E|
|Cash flows from operating||activities||||
|Cash generated
from operations||||162,628|(18,017)|
|Interest
paid||||(19,996)|(8,067)|
|Net cash provided
by/(used
in)||operating|activities|142,632|(26,084)|
|Cash flows from investing|activities|||||
|Purchase oftangible
fixed assets||||(57,722)|(151,300)|
|Sale oftangible
fixed assets||||3,000|17,264|
|Net cash used
in investing
activities||||(54,722)|(134,036)|
|Cash flows from financing|activities|||||
|Loan repayments
in year||||(61,535)|(65,552)|
|Net cash used
in financing
activities||||(61,535)|(65,552)|
|Change
in cash and cash|equivalents||in|||
|the reporting
period||||26,375|(225,672)|
|Cash and cash equivalents||at the||||
|beginning
ofthe reporting||period||222,430|448,102|
|Cash and cash equivalents||at the end of||||
|the reporting
period||||248,805|222,430|
##
##
##
|||NOTES TO THE CASH FLOW STATEMENT
FORTHE YEAR ENDED 31STOCTOBER 2023|NOTES TO THE CASH FLOW STATEMENT
FORTHE YEAR ENDED 31STOCTOBER 2023|NOTES TO THE CASH FLOW STATEMENT
FORTHE YEAR ENDED 31STOCTOBER 2023|NOTES TO THE CASH FLOW STATEMENT
FORTHE YEAR ENDED 31STOCTOBER 2023|NOTES TO THE CASH FLOW STATEMENT
FORTHE YEAR ENDED 31STOCTOBER 2023|
|---|---|---|---|---|---|---|
|RECONCILIATION||OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES|||||
||||||31.10.23|31.10.22|
|||||||E|
|Net expenditure|for the reporting|||period (as per the Statement of|||
|Financial Activities)|||||(8,943)|(183,451)|
|Adjustments
for:|||||||
|Depreciation
charges|||||118,159|98,330|
|Loss on disposal of|fixed assets||||660|5,211|
|Interest
paid|||||19,996|8,067|
|Increase
in stocks|||||(2,957)|(1,944)|
|Decrease/(increase)||in debtors|||72,227|(50,906)|
|(Decrease)/increase||in creditors|||(36,514)|106,676|
|Net cash provided||by/(used|in) operations||162,628|(18,017)|
|ANALYSIS OF CHANGES IN|||NET|DEBT|||
|||||At 1.11.22|Cash flow|At 31.10.23|
|||||E||E|
|Net cash|||||||
|Cash at bank and in||hand||222,430|26,375|248,805|
|||||222,430|26,375|248,805|
|Debt|||||||
|Debts falling
due within
1year||||(82,570)|(7,575)|(90,145)|
|Debts falling due after 1 year||||(302,329)|69,110|(233,219)|
|||||(384,899)|61,535|(323,364)|
|Total||||(162,469)|87,910|(74,559)|
##
##
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##
##
##
##
##
##
##
|DONATIONS|AND LEGACIES|AND LEGACIES|AND LEGACIES|AND LEGACIES|||
|---|---|---|---|---|---|---|
||||||31.10.23|31.10.22|
||||||E||
|Donations|||||68,179|54,611|
|GiR aid||||||13,941|
|Grants|||||54,406|21,495|
||||||122,585|90,047|
|Grants received,||included|in the|above, are as follows:|||
||||||31.10.23|31.10.22|
||||||E|E|
|Wooden Spoon|-|Outdoor|Adventures||18,000||
|UK YOUTH FUND||—Adventures||Away from Home|14,850||
|Other grants|||||21,556|21,495|
||||||54,406|21,495|
##
||FOR THE YE|FOR THE YE|FOR THE YE|FOR THE YE|AR ENDED 31STOCT|OBER 2023|||
|---|---|---|---|---|---|---|---|---|
|3.|OTHER TRADING ACTIVITIES||||||||
||||||||31.10.23|31.10.22|
||||||||E|E|
||Rental Income||||||22,770|21,156|
|4.|INVESTMENT INCOME||||||||
||||||||31.10.23|31.10.22|
||||||||E|E|
||Bank interest||||||2,349|282|
|5.|INCOME|FROM CHARITABLE ACTIVITIES|||||||
||||||||31.10.23|31.10.22|
|||||Activity||||E|
||Charitable|activities||Charitable|activities||919,703|853,982|
|6.|CHARITABLE ACTIVITIES COSTS||||||||
|||||||Direct|Support||
|||||||Costs (see|costs (see||
|||||||note 7)|note 8)|Totals|
|||||||E|E|E|
||Charitable|activities||||708,848|379,466|1,088,314|
|7.|DIRECT COSTSOF CHARITABLE ACTIVITIES||||||||
||||||||31.10.23|31.10.22|
|||||||||E|
||Staff costs||||||477,485|504,389|
||Marketing||||||4,164|7,986|
||Activity costs||||||37,898|50,274|
||Hospitality|and catering|||||66,321|67,911|
||Bad debt||||||4,821||
||Apprentice||Scheme Costs|||||7,612|
||Depreciation||||||118,159|98,330|
||||||||708,848|736,502|
|8.|SUPPORT||COSTS||||||
||||||||Governance||
||||||Management|Finance|COStS|Totals|
||||||E|E|E|E|
||Charitable|activities|||287,210|73,918|18,338|379,466|
##
##
|Management|Management|||||
|---|---|---|---|---|---|
|||||31.10.23|31.10.22|
|||||Charitable|Total|
|||||activities|activities|
|||||E||
|Wages||||59,500|60,000|
|Social security||||6,045|7,411|
|Pensions||||1,321|1,321|
|Travel||||1,814|2,089|
|Facilities||||93,795|138,823|
|IT and Communications||||40,975|39,538|
|Legal and|professional||fees|37,320|55,550|
|Unrecovered||VAT||27,654|34,099|
|Other support||staff costs||1,033|72|
|Entertainment||||1,653|1,302|
|Supplier debt||unrecoverable||16,100||
|||||287,210|340,205|
|Finance||||||
|||||31.10.23|31.10.22|
|||||Charitable|Total|
|||||activities|activities|
|||||E|E|
|Insurance||||47,487|26,913|
|Bank charges||||6,435|6,235|
|Bank loan interest||||16,035|8,067|
|Other loans interest||||3,961||
|||||73,918|41,215|
|Governance||costs||||
|||||31.10.23|31.10.22|
|||||Charitable|Total|
|||||activities|activities|
|||||E|E|
|Auditors'|remuneration|||4,950|5,940|
|Auditors'|remuneration||for non audit work|13,388|19,845|
|||||18,338|25,785|
##
##
|Net incom|e/(expenditur|e)
is stated after charging/(crediting):|||
|---|---|---|---|---|
||||31.10.23
f|31.10,22f|
|Auditors'|remuneration||4,950|5,940|
|Auditors'|remuneration|for non audit work|13,388|19,845|
|Depreciation
- owned||assets|118,159|98,330|
|Deficit on|disposal of|fixed assets|660|5,211|
##
##
##
##
##
##
##
|No employee
received
remuneration
amounting
to more than f60,000 in either year|No employee
received
remuneration
amounting
to more than f60,000 in either year|No employee
received
remuneration
amounting
to more than f60,000 in either year|.||
|---|---|---|---|---|
|COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES|||||
|||Unrestricted|Restricted|Total|
|||funds|funds|funds|
|||E|E|E|
|INCOME AND ENDOWMENTS|FROM||||
|Donations
and legacies||90,047||90,047|
|Charitable
activities|||||
|Charitable
activities||853,982||853,982|
|Other trading
activities||21,156||21,156|
|Investment
income||282||282|
|Total||965,467||965,467|
|EXPENDITURE ON|||||
|Charitable
activities|||||
|Charitable
activities||1,107,636|36,071|1,143,707|
|Other||5,211||5,211|
|Total||1,112,847|36071|1 148918|
|NET INCOME/(EXPENDITURE)||(147,380)|(36,071)|(183,451)|
|RECONCILIATION
OF FUNDS|||||
|Total funds brought forward|||||
|As previously
reported||1,145,520|1,055,256|2,200,776|
|Prior year adjustment||(54,367)||(54,367)|
|As restated||1,091,153|1,055,256|2,146,409|
|TOTAL FUNDS CARRIED FORWARD||943,773|1,019,185|1,962,958|
##
##
|TANGIBLE FIXEDASSETS||||
|---|---|---|---|
||Freehold|Improvements|Plant and|
||property|to property|machinery|
||E|||
|COST||||
|At 1st November
2022|1,371,903|1,271,225|405,702|
|Additions|||57,472|
|Disposals|||(5,520)|
|At 31stOctober 2023|1,371,903|1,271,225|457,654|
|DEPRECIATION||||
|At 1st November
2022|248,029|335,305|262,366|
|Charge for year|22,701|32,595|56,320|
|Eliminated
on disposal|||(1,860)|
|At 31stOctober 2023|270,730|367,900|316,826|
|NET BOOK VALUE||||
|At 31stOctober 2023|1,101,173|903,325|140,828|
|At 31stOctober 2022|1,123,874|935,920|143,336|
||Fixtures|||
||and|Computer||
||fittings|equipment|Totals|
||E|E|E|
|COST||||
|At 1st November
2022|108,921|12,265|3,170,016|
|Additions||250|57,722|
|Disposals|||(5,520)|
|At 31stOctober 2023|108,921|12,515|3,222,218|
|DEPRECIATION||||
|At 1st November
2022|39,334|8,490|893,524|
|Charge for year|4,823|1,720|118,159|
|Eliminated
on disposal|||(1,860)|
|At 31stOctober 2023|44,157|10,210|1,009,823|
|NET BOOK VALUE||||
|At 31stOctober 2023|64,764|2,305|2,212,395|
|At 31stOctober 2022|69,587|3,775|2,276,492|
##
##
|14.|STOCKS||||||
FOR THE YEAR ENDED 31STO|
CTOBER|2023|||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||31.10.23|31.10.22|
|||||||||||E||
||Consumables|||||||||6,187|3,230|
||Consumables|represents||||the cost ofcafe stores, food, cleaning||materials|and goods|for resale.||
|15.|DEBTORS: AMOUNTS|||||FALLING DUE WITHIN ONE YEAR||||||
|||||||||||31.10.23|31.10.22|
|||||||||||E|E|
||Trade debtors|||||||||8,648|67,427|
||Other debtors|||||||||8|17,400|
||Prepayments|and accrued|||||income|||5,710|1,766|
|||||||||||14,366|86,593|
|16.|CREDITORS:||AMOUNTS||||FALLING DUE WITHIN ONE YEAR|||||
|||||||||||31.10.23|31.10.22|
|||||||||||E|f|
||Bank loans and||overdrafts||||(see note 18)|||75,065|72,836|
||Other loans (see|||note|18)|||||15,080|9,734|
||Trade creditors|||||||||22,384|19,142|
||Social security||and other|||taxes||||9,580|12,034|
||VAT|||||||||1,828|1,657|
||Other creditors|||||||||9,082|5,044|
||Accruals and|deferred|||income|||||157,156|188,167|
|||||||||||290,175|308,614|
||DEFERRED INCOME|||||||||||
|||||||||Under|1year|Over' 1year|Total|
||||||||||E|E||
||At 1.11.2022||||||||179,414|14,844|194,258|
||Additions
during|||the year|||||147,789|0|147,789|
||Amounts
released to income||||||||(179,414)|(10,500)|(189,914)|
||At 31.10.2023||||||||147,789|4,344|152,133|
##
##
|CREDITORS: AMOU|NTS
FALLING DUE AFTER MORE|THAN ONE YEAR||
|---|---|---|---|
|||31.10.23|31.10.22|
||||E|
|Bank loans (see note|18)|209,605|269,396|
|Other loans (see note|18)|23,614|32,933|
|Accruals and deferred|income|4,344|14,844|
|||237,563|317,173|
##
##
##
|An analysis|ofthe maturity|of|loans
is given below:||||
|---|---|---|---|---|---|---|
||||||31.10.23|31.10.22|
||||||E||
|Amounts
falling due within one year on demand:|||||||
|Bank loans|||||75,065|72,836|
|Other loans|||||15,080|9,734|
||||||90,145|82,570|
|Amounts
falling between||one|and two years:||||
|Bank loans|- 1-2 years||||19,202|21,297|
|Amounts
falling due between|||two and five years:||||
|Bank loans|—2-5 years|||||7,659|
|Other loans|—2-5 years||||23,614|15,533|
||||||23,614|23,192|
|Amounts
falling due in more than five years:|||||||
|Repayable|by instalments:||||||
|Bank loans|more 5 yr by|instal|||190,403|240,440|
|Repayable|otherwise
than|by|instalments:||||
|Other loans|more 5yrs non-inst|||||17,400|
|MOVEMENT IN FUNDS|||||||
||||||Net||
||||||movement|At|
|||||At 1.11.22|in funds|31.10.23|
|||||E|E||
|Unrestricted
funds|||||||
|General
fund||||793,773|33,906|827,679|
|Designated|funds|||150,000||150,000|
|||||943,773|33,906|977,679|
|Restricted|funds||||||
|Development
fund||||1,014,052|(37,716)|976,336|
|Flood Relief Fund||||5,133|(5,133)||
|||||1,019,185|(42,849)|976,336|
|TOTAL FUNDS||||1,962,958|(8,943)|1,954,015|
##
##
|||Incoming|Resources|Movement|
|---|---|---|---|---|
|||resources|expended|in funds|
|||E|E|E|
|Unrestricted|funds||||
|General
fund||1,080,031|(1,046,125)|33,906|
|Restricted|funds||||
|Development|fund||(37,716)|(37,716)|
|Flood Relief|Fund||(5,133)|(5,133)|
||||(42,849)|(42,849)|
|TOTAL FUNDS||1,080,031|(1,088,974)|(8,943)|
##
|Comparativ|e|s
for movement
in|funds||||
|---|---|---|---|---|---|---|
||||||Net||
|||||Prior year|movement|At|
||||At 1.11.21|adjustment|in funds|31.10.22|
||||||E|E.|
|Unrestricted||funds|||||
|General
fund|||995,520|(54,367)|(147,380)|793,773|
|Designated|funds||150,000|||150,000|
||||1,145,520|(54,367)|(147,380)|943,773|
|Restricted||funds|||||
|Development||fund|1,050,123||(36,071)|1,014,052|
|Flood Relief||Fund|5,133|||5,133|
||||1,055,256||(36,071)|1,019,185|
|TOTAL FUNDS|||2,200,776|(54,367)|(183,451)|1,962,958|
|||Incoming|Resources|Movement|
|---|---|---|---|---|
|||resources|expended|in funds|
|||E|E|E|
|Unrestricted|funds||||
|General
fund||965,467|(1,112,847)|(147,380)|
|Restricted|funds||||
|Development|fund||(36,071)|(36,071)|
|TOTAL FUNDS||965,467|(1,148,918)|(183,451)|
##
##
##
##
##
##
##