2020-12-31-accounts - Higham Hall College

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			Higham Hall C
			Contents
Reference and Administrative			Details
Trustees' report
Trustees' responsibilities		in relation to the financial statements
Independent examiner's		report
Statement offinancial	activities
Balance sheet
Chanty balance sheet
Cash flow statement
Notes to the financial	statements

Charity name			Higham Hall College	Higham Hall College
Charity registration	number		1124959
Company registration		number	6421365
Principal office			Higham Hall
			Bassenthwaite	Lake
			COCKERMOUTH
			CA13 9SH
Registered office			Higham Hall
			Bassenthwaite	Lake
			COCKERMOUTH
			CA13 9SH
Trustees			H J Scott, Chair
			M Walker
			P M Dates
			S Clarke
			G Mcqueen
			LJ Birch
			PJ Brown	(Appointed	4 March 2020)
			W Du(ton	(Appointed	9September 2020)
			G Reed	(Appointed	20 May 2020)
Secretary			G J Cooke
Bankers			HSBC
			3 Pow Street
			WORKINGTON
			CA14 3AH
Accountant			Dodd & Co Limited
			FIFTEEN Rosehill
			Montgomery	Way
			Rosehill Estate
			CARLISLE
			CA1 2RW

				Unrestricted	Total Funds	Total Funds
				Funds	2020	2019
			Note	6
Income and endowments		from:
Donations and legacies				152,616	152,616	15,967
Other trading activities				21,531	21,531	50,327
Investments				1,196	1,196	1,610
Charitable activities				535,379	535,379	943,934
Other income				9,060	9,060
Total income and endowments				719,782	719,782	1,011,838
Expenditure on:
Raising funds				25,741	25,741	49,618
Charitable activities				689,364	689,364	871,614
Total expenditure				715,105	715,105	921,232
Net movements in	funds			4,677	4,677	90,606
Reconciliation of	funds
Total funds brought	forward			1,187,375	1,187,375	1,096,769
Total funds carried	forward			1,192,052	1,192,052	1,187,375

					2020		2019
			Note	5
Fixed assets
Tangible assets			13			1,642,276		1,616,225
Current assets
Stocks and work in	progress			6,538			11,117
Debtors			15	24,213			7,860
Cash at bank and in		hand		301,406			379,538
				332,157			398,515
Creditors: Amounts one year		falling due within	16	(197	040)		(239,321)
Net current assets						135,117		159,194
Total assets less current liabilities						1,777,393		1,775,419
Creditors: Amounts		falling due after
more than one year			17			(585,341)		(588,044)
Net assets						1,192,052		1,187,375
The funds ofthe charity:
Unrestricted funds
Revaluation reserve						530,047		530,047
Unrestncted income		funds				662,005		657,328
Total unrestricted	funds					1,192,052		1,187,375
Total charity funds						1,192,052		1,187,375

		Charity Bala	nce Shee	t as	at 31 December 2020
					2020	2019
			Note	6
Fixed assets
Tangible assets			12		1,642,276	1,616,225
Investments			13		1	1
					1,642,277	1,616,226
Current assets
Stocks and work in	progress				4,833	9,425
Debtors			14	171,121		228,448
Cash at bank and in hand				159,212		159,441
				335,166		397,314
Creditors: amounts one year		falling due within	15	(195840)		(238,121)
Net current assets					139,326	159,193
Total assets less current liabilities					1,781,603	1,775,419
Creditors: amounts more than one year		falling due after	16		(585,341)	(588,044)
Net assets					1,196,262	1,187,375
The funds ofthe charity:
Unrestricted funds
Revaluation reserve				530,047		530,047
Unrestncted income	funds			666,215		657,328
Total unrestricted	funds				1,196,262	1,187,375
Total charity funds					1,196,262	1,187,375
For the financial year		ended 31 December	2020, the	charity was entitled to exemption		from audit under section
477 ofthe Companies		Act2006.

					2020	2019
					6
Net cash	provided by (used by)	operating		activities
Net income for the period					4,677	90,606
Depreciation charges					13,130	15,203
Dividends,	interest and rents from	investments			(1,196)	(1,610)
Loss on the sale offixed assets					1,000
Decrease	in stocks				4,579
Increase	in debtors				(16,353)	(2,447)
(Decrease)/increase in creditors					(48,199)	25,767
					(42,362)	127,519
Net cash	provided by (used in) investing		activities
Dividends,	interest and rents from	investments			1,196	1,610
Proceeds	from the sale of property,	plant and		equipment	3,000
Purchase	ofproperty, plant and equipment				(43,181)	(15,410)
					(38,985)	(13,800)
Net cash	provided by (used in) financing		activities
Repayment of borrowings					(46,785)	(50,326)
Cash inflows from new borrowing					50,000
					3,215	(50,326)
(Decrease)/increase in cash					(78,132)	63,393

	Unrestricted	TotalFunds	Total Funds
	Funds	2020	2019
			5
Conference fees	98	98	1,608
Accommodation	6,094	6,094	17,165
Bar	13,060	13,060	27,766
Shop	2,279	2,279	3,788
	21,531	21,531	50,327

Unrestricted	Total Funds	Total Funds
Funds	2020	2019
5		5
1,196	1,196	1,610

Unrestricted	Total Funds	Total Funds
Funds 6	2020 f	2019 5
535,379	535,379	943,934

Expenditure
				Higham Learning Limited		C urs Provision	Total 2020	Total 2019
Direct costs
Food and bar purchases				8,604		41,417	50,021	109,014
Course materials and expenses						4,420	4,420	11,356
Freelance tutors' fees and expenses						85,723	85,723	164,014
Laundry					194	6,303	6,497	12,084
Employment costs				7,262		236,515	243,777	240,447
Rates					158	5,159	5,317	5,231
Water rates					119	3,888	4,007	5,855
Light, heat and power					735	23,930	24,665	34,141
Insurance					392	12,773	13,165	12,695
Repairs and maintenance				1,758		59,809	61,567	104,580
Telephone and fax					69	2,247	2,316	1,669
Computer software and	maintenance		costs		208	6,767	6,975	10,764
Printing, postage and stationery					292	9,551	9,843	15,402
Subscriptions and licences					13	440	453	449
Auction commission						2,412	2,412
Cost oftrustee meetings						660	660	1,687
Motor expenses					32	1,029	1,061	2,315
Advertising					265	8,614	8,879	10,597
				20,101		511,657	531,758	742,300
Supportcosts
Employment costs				3,701		120,556	124,257	115,906
Subsidiary accountancy	fees			1,333			1,333	1,500
The audit ofthe charity's	annual	accounts						3,000
Accountancy and payroll						9,434	9,434	7,428
Bank interest and charges					606	33,587	34,193	35,895
Depreciation						13,130	13,130	15,203
(Profit)/loss on sale oftangible for charity's own use		fixed	assets held			1,000	1,000
				5,640		177,707	183,347	178,932
				25,741		689,364	715,105	921,232

				2020	2019
Cost of	trustee meetings			660	1,687
Accountancy		fees		9,767	8,928
Independent		examination	fees	1,000
Auditors	remuneration				3,000
				11,427	13,615

			2020f	2019 f
Loss/(profit) on disposal	oftangible	fixed assets	1,000
Depreciation oftangible	fixed assets		13,130	15,203
Auditors' remuneration				3,000
Other financial services			10,767	8,928

		2020	2019
		No.	No.
Administration	and housekeeping	29	33
The aggregate	payroll costs ofthese persons were as follows:
		2020	2019 f
Wages and salaries		343,370	334,409
Social security		15,652	14,235
Other pension	costs	8,589	6,818
		367,611	355,462

							Country of	Country of	Principal	activity	Class	'/o
							incorporation
	Subsidiary		undertakings
	Higham	Learning			Limited		United	Kingdom	Provision of		Ordinary	100
									conference	facilities
										Capital &	Profit/(loss)
										reserves f	for the period f
	Subsidiary		undertakings
	Higham	Learning			Limited					1		(4,210)
15	Debtors
	Group
										2020f		2019f
	Trade debtors									29		1,383
	Other debtors									20,078
	Prepayments			and	accrued income					4,106		6,477
										24,213		7,860
	Charity
										2020		2019 f
	Amounts	from		subsidiary		and associated	undertakings			146,910		221,470
	Prepayments			and	accrued income					4,106		6,477
	Other debtors									20,105		501
										171,121		228,448

Group
			2020	2019
			6	6
Bank loans and overdrafts			55,653	49,735
Trade creditors			22,515	21,589
Receipts	in advance		92,388	141,251
Taxation	and social security		4,443	5,122
Other creditors			14,258	11,200
Accruals	and deferred	income	7,783	10,424
			197,040	239,321
Chadity
			2020	2019
			f	6
Bank loans and overdrafts			55,653	49,735
Trade creditors			22,515	21,589
Receipts	in advance		92,388	141,251
Taxation	and social security		4,443	5,122
Other creditors			14,258	11,200
Accruals	and deferred	income	6,583	9,224
			195,840	238,121

					At 31
		At 1 January	Incoming	Resources	December
		2020	resources	expended	2020
General Funds
Unrestnctsd	income fund	1,187,375	719,782	(715,105)	1,192,052

		At 1 January 2019	Incoming resources	Resources expanded	At 31 December 2020
		F	8	f
General Funds
Unrestricted	income fund	1,096,769	1,011,838	(921,232)	1,187,375

			Unrestricted	Restricted	Total Funds	Total Funds
			Funds	Funds	2020	2019
						f
Tangible assets			1,642,276		1,642,276	1,616,225
Current assets			323,207	8,950	332,157	398,515
Creditors.	Amounts	falling due
within one	year		(188,090)	(8,950)	(197,040)	(239,321)
Creditors	Amounts	falling due
after more	than one	year	(585,341)		(585,341)	(588,044)
Net assets			1,192,052		1,192,052	1,187,375
Charity

		Unrestricted	Restricted	Total Funds	Total Funds
		Funds	Funds	2020	2019
Tangible assets		1,642,276		1,642,276	1,616,225
Investments		1		1	1
Current assets		326,216	8,950	335,166	397,314
Creditors: Amounts within one year	falling due	(186,890)	(8,950)	(195,840)	(238,121)
Creditors: Amounts after more than one	falling due year	(585,341)		(585,341)	(588,044)
Net assets		1,196,262		1,196,262	1,187,375

...continued
Prior period
Group
			Unrestricted	Restricted	Total Funds	TotalFunds
			Funds	Funds	2019	2018
						f
Tangible assets			1,616,225		1,616,225	1,616,018
Current assets			389,565	8,950	398,515	332,675
Creditors. within one	Amounts year	falhng due	(230,371)	(8,950)	(239,321)	(214,145)
Creditors after more	Amounts than one	falling due year	(588,044)		(588,044)	(637,779)
Net assets			1,187,375		1,187,375	1,096,769

Charity
		Unrestricted	Restricted	Total Funds	Total Funds
		Funds	Funds	2019	2018
Tangible assets		1,616,225		1,616,225	1,616,018
Investments		1		1	1
Current assets		388,364	8,950	397,314	331,474
Creditors: Amounts within one year	falling due	(229,171)	(8,950)	(238,121)	(212,945)
Creditors: Amounts after more than one	falhng due year	(588,044)		(588,044)	(637,779)
Net assets		1,187,375		1,187,375	1,096,769