## ## |Reference and Administrative|Reference and Administrative|Details| |---|---|---| |Trustees'
report||| |Trustees'
responsibilities|in relation to the finanoel statements|| |Independent
examiner's|report|| |Statement of financial activities||| |Balance sheet||| |Charity balance sheet||| |Cash flow statement||| |Notes to the financial statements||| ## |Charity name|Charity name|||Higham
Hall College|Higham
Hall College| |---|---|---|---|---|---| |Charity registration||number||1124959|| |Company|registration||number|6421365|| |Principal|office|||Higham
Hall|| |||||Bassenthwaiie|Lake| |||||COCKERMOUTH|| |||||CA139SH|| |Registered office||||Higham
Hall|| |||||Bassenthwaite|Lake| |||||COCKERMOUTH|| |||||CA13 9SH|| |Trustees||||H JScott, Chair|| |||||M Walker|| |||||P M Gates|| |||||SClarke|| |||||G Mcqueen|| |||||LJ Birch|| |||||PJ Brown|| |||||W Dufton|| |||||G Reed|| |Secretary||||GJCooke|| |Bankers||||HSBC|| |||||3Pow Street|| |||||WORKINGTON|| |||||CA14 3AH|| |Accountant||||Oodd &Co Limited|| |||||FIFTEEN Rosehill|| |||||Montgomery|Wsy| |||||Rosehill Estate|| |||||CARLISLE|| |||||CA1 2RW|| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||Unrestricted|Total Funds|Total Funds| |---|---|---|---|---|---|---| |||||Funds|2021|2020| ||||Note|f||| |Income and endowments|from:|||||| |Donations
and legacies
Other trading
activities
Investments
Charitable
activities
Other income
Total income and endowments||||133,995
32,364
(128)
556,408
722,639|133,995
32,364
(128)
556,408
722,639|152,616
21,531
1,196
535379
9,060
719,782| |Expenditure
on:||||||| |Raising funds
Charitable
activities
Total expenditure||||25,593
683,716
709,309|25,593
683,716
709,309|25,741
689,364
715,105| |Net movements
in funds||||13,330|13,330|4,677| |Reconciliation
offunds||||||| |Total funds brought
forward
Total funds carried forward||||1,192,052
1,205,382|1,192,052
1,205,382|1,187,375
1,192,052| |All ofthe Charity's
activities|derive from continuing|operations|during the above periods.|||| ## ## ||||2021||2020|| |---|---|---|---|---|---|---| |||Note|8|||| |Fixed assets
Tangible assets||13||1,643,660||1,642,276| |Current assets
Stocks and work in progress
Debtors||15|10,423
4,201||6,538
24,213|| |Cash at bank and in|hand||218,819||301,406|| ||||233,443||332,157|| |Creditors: Amounts
one year|falling due within||(191,103)||(197,040)|| |Net current assets||||42,340||135,117| |Total assets less current liabilities||||1,686,000||1,777,393| |Creditors: Amounts
falling due after
more than one year||17||(480,618)||(585,341)| |Net assets||||1,20 ~,382||1,102052| |The funds ofthe charity:||||||| |Unrestricted
funds
Revaluation
reserve
Unrestricted
income
Total unrestricted|funds
funds|||530,047
675,335
1,205,382||530,047
662,005
1,192,052| |Total charity funds||||1,205,382||1,102,052| ## ## ## ||Charity Bal|ance She|et as at 31December 2021|| |---|---|---|---|---| ||||2021|2020| |||Note|f|| |Fixed assets||||| |Tangible assets
Investments||13
14|1,643,660
1|1,642,276
1| ||||1,643,661|1,642,277| |Current assets||||| |Stocks and work in progress
Debtors
Cash at bank and in hand||15|8,872
89,163
134,305|4,833
171,121
159,212| ||||232,340|335,166| |Creditors: amounts
one year|falling due within|||(195,840)| |Net current assets|||42,339,|139,326| |Total assets less current liabilities|||1,686,000|1,781,603| |Creditors: amounts
more than one year|falling due after||(480,618)|(585,341)| |Net assets|||1,265.382|1,1M,262| |The funds ofthe charity:||||| |Unrestricted
funds||||| |Revaluation
reserve
Unrestricted
income funds
Total unrestricted
funds|||530,047
675,335
1,205,382|530,047
666,215
1,196,262| |Total charity funds|||1,265,382|1 156,262| |For the financial year
477ofthe Companies|ended 31 December
Act 2006.|2021, the|charity was entitled to exemption|from audit under section| ## ## ||2021|2020| |---|---|---| ||2|8| |Net cash provided
by (used by) operating
activities
Net income for the period
Depreciation
charges
Dividends,
interest and rents from investments
Loss on the sale of fixed assets
(Increase)/decrease
in stocks
Decrease/(increase)
in debtors
Decrease
in creditors|13,330
12,641
(3,885)
20,012
(5,510)
36,588|4,677
13,130
(1,196)
1,000
4,579
(16,353)
(48,199)
(42,362)| |Net cash provided
by (used in) investing
activities
Dividends,
interest and rents from investments
Proceeds from the sale of property,
plant and equipment
Purchase of property,
plant and equipment|(14,025)
(14,025)|1,196
3,000
(43,181)
(38,985)| |Net cash provided
by (used in) financing
activities
Repayment
of borrowings
Cash inflows from new borrowing|(105,150)
(105,150)|(46,785)
50,000
3,215| ||(82,587)|(78,132)| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||Unrestricted|Total Funds|Total Funds| |---|---|---|---|---|---| ||||Funds|2021|2020| |||||9|| |Donations|and|legacies|||| |Appeals snd donations|||10,127|10,127|4,788| |Grants|||||| |UK Government
Grants receivable||grants|123,868|123,868|146,608| ||||||1,220| ||||123,868|123,868|147,828| ||||133,995|133,995|152,616| ## ||Unrestricted|Total Funds|Total Funds| |---|---|---|---| ||Funds|2021|2020| |Conference fees|||6| |Accommodation
Bar
Shop|12,439
17,154
2,771|12,439
17,154
2,771|98
6,094
13,060
2,279| ||32,364|32,364|21,531| ## |interest on|cash deposits|| |---|---|---| |All income|in the prior period related to unrestricted|funds.| |Unrestricted|Total Funds|Total Funds| |---|---|---| |Funds|2021|2020| ||9|| |(128)|(128)|1,196| ## ## ## ## ## ## ## |||Higham|||| |---|---|---|---|---|---| |||Learning|. .
provision|Total
2021|Total
2020| |Direct costs|||||| |Food and bar purchases
Course materials
and expenses
Freelance tutors' fees and expenses
Laundry
Employment
costs
Rates
Water rates
Light, heat and power
Insurance
Repairs and maintenance
Telephone
and fax
Computer
sofhvare and maintenance
Printing,
postage and stationery
Subscriptions
and licences
Sundry expenses
Auction commission|costs|11,481
380
6,000
1,200
527
2,741
111
320
333
34
112|51,761
5,062
95,191
8,111
243,690
5,325
1,448
21,382
11,240
52,630
2,374
6,827
7,092
690
1,871|63,242
5,062
95,191
8,491
249,690
5,325
1,448
22,582
11,767
55,371
2,485
7,147
7,425
724
1,983|50,021
4,420
85,723
6,497
243,777
5,317
4,007
24,665
13,165
61,567
2,316
6,975
9,843
453| |Cost oftrustee meetings
Motor expenses
Advertising||110
363
23,712|5oe
2,444
7,737
525,383|soe
2,554
8,100
549,095|2,412
660
1,061
8,879
531,758| |Support costs|||||| |Employment
costs
Subsidiary
accountancy fees
Accountancy
and payroll
Bank interest and charges
Depreciation
(Profit)/loss
on sale oftangible fixed
for charity's
own use|assets held|1,144
737|111,677
8,732
25,283
12,641|111,677
1,144
8,732
26,020
12,641|124,257
1,333
9,434
34,193
13,130
1,000| |||1,881|158,333|160,214|183,347| |||25,593|683,716|709,309|715,105| ## ## ## ## ## ## |Net income is stated after charging:||| |---|---|---| ||2021f|2020f| |(Profit)/loss
on disposal oftangible
fixed assets
Depreciation
oftangible fixed assets
Other financial services|12,641
9,876|1,000
13,130
10,767| ## |ear was as fol|lows:||| |---|---|---|---| |||2021|2020| |||No.|No.| |||35|29| |Administration|and housekeeping||| |The aggregate|payroll costs ofthese persons were as follows:||| |||2021f|2020f| |Wages and salaries||339,438
14,716|343,370
15,652| |Social secudity
Other pension|costs|7,155
361,309|8,589
367,611| ## ## |4|Investments|in s|in s|ubsidiarie|ubsidiarie|s|s|s||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||The charity|holds||more than||20%ofthe share capital ofthe|||following|company:||||||| ||||||||Country of||Principal|||activity||||Class| ||||||||incorporation|||||||||| ||Subsidiary
undertakings
Higham
Learning
Limited||||||United|Kingdom|Provision of
accommodation||||and||Ordinary
100|| ||||||||||other|services|||at|||| ||||||||||Higham||Hall|||||| |||||||||||||Capital||&||Profit/(loss)| |||||||||||||reserves||||for the period| ||||||||||||||8|||R| ||Subsidiary
undertakings
Higham
Learning
Limited|||||||||||||||6,772| |15|Debtors|||||||||||||||| ||Group|||||||||||||||| ||||||||||||||2021|||2020| |||||||||||||||670||29| ||Trade debtors|||||||||||||||20,078| ||Other debtors
Prepayments||and||accrued|income||||||||3,531
4,201||4,106
24,213| ||Charity|||||||||||||||| ||||||||||||||2021|||2020| |||||||||||||||||R| ||Amounts
from
Prepayments||subsidiary
and associated
and accrued income||||undertakings|||||||84,962
3,531
670||146,910
4,106
20,105| ||Other debtors|||||||||||||89,163||171,121| ## ## ## |Group||||| |---|---|---|---|---| ||||2021|2020| |||||6| |Bank loans and overdrafts|||55,226|55,653| |Trade creditors|||20,838|22,515| |Receipts|in advance||89,123|92,388| |Taxation|and social security||7,019|4,443| |Other creditors|||11,597|14,258| |Accruals|and deferred|income|7,300|7,783| ||||191,103|197,040| ## |||2021|2020| |---|---|---|---| |Bank loans and overdrafls||55,226|55,653| |Trade creditors||20,838|22,515| |Receipts in advance||89,123|92,388| |Taxation and social security||7,019|4,443| |Other creditors||11,597|14,258| |Accruals and deferred|income|6,198|6,583| |||190,001|195,840| |2021|2020| |---|---| |6|8| |55,226|49,950| ## ## ## ## |has been|given by the charity:|||| |---|---|---|---|---| ||||2021|2020| |||||2| |Bank loans and overdrafts|||480,618|541,552| |Included|in the creditors are the following|amounts|due after more than 5years:|| ||||2021|2020| ||||2|2| |After more than five years by instaiments|||241,794|333,797| ## ## ## ## ## ## ## ## ## ## ## ## |Prior period|||||| |---|---|---|---|---|---| |||At 1
January
2020|Incoming
resources|Resources
expanded|At 31
December
2020| |||8|8|2|8| |General Funds|||||| |Unrestricted|income fund|1,I87,375|719,782|(715,105)|1,192,052| ## ## |||Unrestricted
Funds|Restricted
Funds|Total Funds
2021|Total Funds
2020| |---|---|---|---|---|---| |Tangible assets
Current assets
Creditors. Amounts|falling due|8
1,643,660
224,693|8,750|6
1,643,660
233,443|6
1,642,276
332,157| |within one year
Creditors: Amounts|falling due|(182,353)|(8,750)|(191,103)|(197,040)| |aRer more than one
Net assets|year|(480,618)
1,205,382||(480,618)
1,205,382|(585,341)
1,192,052| |Charity|||||| |||Unrestricted
Funds|Restricted
Funds|Total Funds
2021|Total Funds
2020| |Tangible assets
Investments
Current assets
Creditors: Amounts
within one year
Creditors: Amounts
after more than one|falling due
falling due
year|1,643,660
1
223,590
(181,251)
(480,618)|8,750
(8,750)|6
1,643,660
1
232,340
(190,001)
(480,618)|1,642,276
1
335,166
(195,840)
(585,341)| |Net assets||1,205,382||1,205,382|1,196,262| ## |. continued|||||| |---|---|---|---|---|---| |Prior period|||||| |Group||Unrestricted
Funds|Restricted
Funds|Total Funds
2020|Total Funds
2019| |||||8|| |Tangible assets
Current assets||1,642,276
323,207|8,950|1,642,276
332,157|1,616,225
398,515| |Creditors: Amounts|falling due|(188,090)|(8,950)|(197,040)|(239,321)| |within one year
Creditors: Amounts|falling due|(585,341)||(585,341)|(588,044)| |after more than one
Net assets|year|1,122,552||1,192,052|1,187,375| |Charity||Unrestricted
Funds|Restricted
Funds|Total Funds
2020|TotalFunds
2019| |Tangible assets
Investments
Current assets||8
1,642,276
1
326,216|8,950|8
1,642,276
1
335,166|8
1,616,225
1
397,314| |Creditors: Amounts|falling due|(186,890)|(8,950)|(195,840)|(238,121)| |within one year
Creditors: Amounts|falling due|(585,341)||(585,341)|(588,044)| |after more than one year
Net assets||1,196,262||1,196,262|1,096,769|