## ## ## ## ||||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|