Company ffgistrdtion number: 05586393
Charity registrdtion number.. 1125079
Daimler Green Community Recreation Trust Limited
{A Company limited by thare capitrl}
AnAua] Repon and Finan¢ial St*¢ments
for the Year Ended 31 March 2021
Chatha & Co
Chartered cert1f￿d A￿Ountants
115-116 SponEnd
Coventry
WaTwi¢kshire
CVI JHF
*MX5ry4M'
0410212022
COMPANIES FIOUSE
#220

Daimler Green Community Recreation Trust Limited
Contents
Strategic Report
TTUStees' Report
2to4
Indep¢nd¢nt Examin¢¢s iiepon
Stst¢tT*nt of FI￿anCIal Activilies
Balance Sheet
Notes to the Financial Statements
8tol7

Daimler Green Community Recreation Trust Limited
Strategic Report for the Year Ended 31 March 2021
The tTUStees. who are directOW5 for the purposes of company law. pwt rheir strategi¢ report for the y¢ar end¢d
JI March 2021. in eompliance with s414C of the Companies Aci 2(M)6.
The strategic report was approved by the trusiees of the charity on l Decernber 2021 and sigrted on its behalf by:
The strategic rep)rt was approved by the mistees of the chttrity on l D¢¢ember 2021 and signed on ils behalf by:
Miss Li￿n William5
Trusie¢
Page I

Daimler Green Community Recreation Trust Limited
Trustees, Report
The trustees. are dir¢¢iors for the PUT￿)seS of company law. pre5tnt thc annual report tO8ether with the
financial statements of the ¢harithble ¢ompany for the year ended 31 March 2021.
Obje¢¢l*¢$ #nd *ttiwi¢i¢s
Objeds
To promote the benefit of the inhabitants of Radford area of Coventy and in particular Dwmler Green arml
surrounding area.
To advan¢e edu¢ation and pwovide facilities in the inter¢M of social welfar¢ for healthy recreation and leisure
lime o¢¢upation.
PublicbenÉfil
The charity provides facilities io the local COEmnunity for educatioD ar￿ recreaiion. in particular for playin8
f¢)otball. CTi¢kei. iermis. netball, and other Spo￿ in a secur¢ ertvironment.
The tru51ee5 confiTrn that they have cornplied wih Ihe requirements of s¢£iion 17 of the Charities Act 2011 to
havt dut regard to the public bcnefii guidan¢¢ published by the Charity Comm15sion for England aT￿ Wales.
Reference Administrxtive Detai15
Charity Registration Number-.
Company Registrdtion Number..
I 125079
05586393
The ¢haTity is in¢orwJrwed in England and Wales.
48 Highley Drive
Coveniry
CV6 3LR
Registered Offi¢¢=
Ind¢p¢Thd¢n( Examiner..
Chatha & Co
charter￿ C¢rtifi¢d A¢¢oyotsnts
115-116Sp)n End
cO￿¢01ry
W3rwickshire
CVI 3HF
Trnsttes Ind officers
The tnst¢¢s ond OtTK¢￿ s¢Thing during th¢ year and since the year ertd were a5 follow5:
TTUStces-.
Mis5 LynD Williams
Barry Millwtrd
Mr Kamaljit Singh Dhami
MaTilyn Ann Mutton
Chairman.-
Secrewy:
Mr Kamaljit Singh Dhami
Page 2

Daimler Green Community Recreation Trust Limited
Trusttts, Report
S¢TllCture? governance #nd m*n*gtment
Nature ofgoverning
The ¢harity is ￿ntrOlled by its 8ov¢niin8 documenL a dvd of M￿t. and constitutes a limita company Ismiled
by guarantee as defjned by Companies Act 2(K)6.
ReLrnilmenl and4ppthrtlmen¢oftrnslee5
Existing trusiees appoint new trystees when deemed necessary in order w perform the trust's obj¢¢tives
effectively. Poiential trustee5 are selected on the basis of their relevant ba¢kground and ekpeTien¢¢ and ar¢
expected to actively suprrt)rt and further the charitys work.
OrgantS111101141Kruuure
The rharity operates from its frtthold premkses on the Daimler Green esthie in Coventry. The inlstees me¢t
foTmally to de¢emiine overall wlicy and finatt¢ial posiiion and fvture plans of the charity. Tru4¢e$ are ac(ive in
authorising transa¢¢iort$ on a dai. io day basis.
Mojor risks 47nd managem¢ni olihose risks
Fr&udoKderror
There is a risk of fraud and ern>r in financial transactio￿$.
The trustees have a duty to identify and review th¢ risks ty which th¢ charity is exp)sed and to ¢nsur¢
appropriate ¢orttrol$ are in place to provide reasonable ￿￿TanceS againsi fraud and error.
Financigl instrurnents
Objvclive$ 4n4polio
Thc charity'5 activities exp05¢ it to a number of financial risks including Credit risk, cash flow risk and liquidity
risk. The us¢ of fJRancial d¢rivativ¢s is governed by ihe ¢harJty'S wTrlicies approved by th¢ board of trustees.
which provide written PTin¢iples on the use of financial derivaiives to manag¢ th¢% risks. The charity does not
s¢ d¢rivative financial insirument5 for $p*culaiiv¢ purp)ses.
C4shflfw ri$l£
The charity's activities expose it primarily io th¢ finarteial risks of Chartges in foreign curren¢y exchange rates
and irrt¢rest Tates. The ¢harity uses f￿¢1￿ ex¢hange forward and intere5[ Me swap contracts to hedge
th¢5e CXPOSUTes.
Interest bearing assets and liabilities are ￿ld * fixed ensure Certainty of cash tlow5.
Credii rifk
The charity's principal financial ￿ets are bank balances and cash. trade and other rettivable5. and investrnents_
The charity's credit risk is primarbly attributable to its trade receiwablts. The anK)unt5 Prtsentd in the balanc¢
sheet are net of allowances ftsr doubrful re¢eivabl¢s. An allowance for impaiTment is made whert rhere is an
identified Ios5 eveni whi¢h. based on pievious experien¢e. i5 evidence of a reduction in the recoverability of the
cash flow5.
Th¢ credit risk on liquid funds arml derivative financial inSiru￿cnts is limited because the ¢oun*rparti¢s are
banks with high credil-raiings assigned by intemalional credil-wativg agencies.
The charity has no signify¢ant concenuation of uedit risK with exposure spread over. a large number of
¢ounteTparties and customer5.
Page 3

Daimler Green Community Recreation Trnst Limited
Trustees, Report
Liquidiry nsk
In order lo rnaiD¢ain liquidity to ensure thar sufficient fvnds are avatlable for ongoing operaiion$ artd future
developments. the Charity uses a mixtur¢ of long-t¢m) and sh)rt4erni debi finance.
Further details regarding liquidity risk Can be found IA the Statemeni of ac¢ountin8 policies in the financial
slatements.
Statement of Tru5tees' Re5pon$ibilAtits
The tnjsiees (who are also the directors of Daimler Green Communiry Recreation Trust Limited for the purposes
of company lawl are responsibl¢ for pr¢parin8 the trustees. report and the financial statements in accordance
with the United Kin2dom A¢¢ountin8 Standard5 (Unitrd Kingdom Gerwdlly Accepted Accourbting PrartiC¢)
and applicable law and regulaiions.
Company law requires the inLsiees to prepare financial statements for each financial yeAT. Under company laiv
the iiustees musi noi approve th¢ fJn3ncial siaiements unless ihey are satisfied ihal they 8ive a true and fair view
of the stste of affairs of the ¢haritable company and of its incoming resource5 athd application of r¢sour¢es.
includin(t its income ar￿ expenditure. for that period. In preparing thes¢ finan¢ial statements. the tnJst¢es are
required to..
select suitable accounting polKcte5 and apply them consistently-
ob5ervt the methods and principles in the Charities SORP-
make judgements al￿ e5timatts that are rea50Trabk artd Prud
state wh¢tkr appli¢able UK Accounting Standards have been followed. subjeci to any materLal departure5
disclosed and ¢xplain¢d in the fbnaocial statements. and
prepare the fjnancial statements on the going con¢ern basis unless it is inappropriate to PTesume that the
chariiable company will continue in bu5irKss.
The trustecs are resp)nsJble for kttping adequate aCeOUftiing records thai are sufficient to show and explain the
charitable cornpany's ttansaetions and dis¢los¢ with re&sonable a¢¢utacy at any time the finartci￿ posiTion of the
haritabl¢ ¢ompany and enabl¢ them to ensLtre thai th¢ financial statements comply *'iih the Companies A¢t
2006. They are also Tesponsible for safeguarding the assets of th¢ chari¢abl¢ ¢ompany and h¢rt¢¢ for taking
reasonable step5 for the PTevtDtion and dde¢tion of fraud and Irregulatities.
The athnual rep)rt ivas approved by th¢ trumees of the charity on l December 2021 aThJ signed on its bchalf by..
Pw4

Daimler Green Community Recreation Trust Limited
Independent Examiner's Report to the trustees of Daimler Green Community
Recreation Trust Limited ("the Company")
I report to ihe charity trustees on my examination of th¢ a￿Uttts of lh¢ Cornpany for th¢ year ended 31 March
2021.
Re5ptsnsibililits and b#si$ of repfrrt
As ihe ¢hatLty'S trljsttts of the Company land also its dIrec￿r$ for the purw)se5 of company law} you are
responsible for the Preparaiion of the accounts iTr accofdance with the rcquircrnents of the Companie5 Act 2006
('Ih¢ 2006 Aci'l.
Having sattsfied myself that the accounts of t>aimler Green Community Recreation T￿￿1 Ltrnitrd are noi
required io be audit¢d under Part 16 of the 2006 Act and are eligible for tndependeni examination. I report in
respe¢t of my examinaiion of your chariry's aceounis &5 carried our under section 145 of the Charities Act 201
I'the 2011 Act.). In Garrying oui my examination I have followEd ihe Direction5 given by the Charity
Commission under section 145(5Xbl of the 201 I A￿.
Ind¢p¢ndent exAmin¢r's ststemtnt
I have ¢ompleted my examination. I confirm that no matter5 have come to my attention in eonnection wtth the
examination giving me eause io believe..
a¢¢ouniing r¢¢ords w¢r¢ not k¢pi in r¢5pe£t of Daimler Grern Community Recreation Trnst Limited as
required by section 386 ofthe 2006 Act: or
2. the ac¢ounis do noi a¢cord with those r¢cords' or
3. tht acrounts do Jjoi comply with th¢ a¢courtting rtquirements of Se￿lOn 396 of the 2006 Act other than
any r¢quirem¢nt ibat the a¢￿￿￿ts gjve a 'ttue and fair vie￿ which is a matter constdered as part of an
independeni ¢xamination- or
4. the a¢¢ourtts have not been prepared in aecordanee with the rnethods and Principles of the Statement of
Recommended Praciice for accounting and reporting by thariiie5 lapplicable ￿ thariti¢s preparing their
accounts in accordance with ihe F1rWKi￿ RrportiThg Stsndard applicable in the UK ond Republi¢ of
Ireland IFRS 10211.
I have no concern5 and have conie across T￿ oiher matt¢rs ith ¢onnection with the examination to ivhich attention
shoLild be dramryt in this rep)rt in OTder io eNable a prop¢r unde￿13ndIng of the accouttts to be reached.
Sukhjit Singh Chatha
Charter¢d Certified
ACCA
Chatha & Co
115-116 SponEnd
Ctsvcntry
Warwick5hire
CVI 3HF
l December 2021
Pa8t 5

Daimler Green Community Recreation Trnst Limited
Statement of Financial Activitie5 for the Year Ended 31 March 2021
(Including Income and Expenditure Aeeount and Ststement of Total Re¢ognised Gains
and Losses)
Uftresiritted
funds
Restritttd
funds
Totsl
2021
Note
Ineome ¥nd Endfjw¢n¢Bts from:
Donaiiorts and lega¢ies
Oiher income
35,886
4.587
35.886
4.587
Total income
40.473
40.473
EKpenditure on:
Charitable activities
(21.390)
(21.390)
Totsl expendiiure
Gainslloss¢s on In￿S￿nent assets
{21 J90)
(21.3901
753.000
753.000
Net in¢om¢
19,083
753,000
772.083
Net movernent in funds
19.083
753.C
772.083
Reconciliation of funds
Total fiinds brought fon¥ard
26.094
26.094
Total funds carried fonyard
45.177
Unrestritted
funts
753.000
Restricted
798.177
Total
202•
Note
Ineome •nd EJdowm¢Dts from:
Donations and legacies
Other income
24.145
1.725
24.145
1.725
Total income
25.870
25.870
Expenditure on-.
Charitable activities
(13.5691
Total expenditure
Gainsllos5es on investment assets
113.569)
113,5691
753.000
753.000
N¢1 income
12,301
753,IMKI
765.301
Net movemetrt irt fvnds
12JOI
753.0(Kl
765.301
Reconciliation of futtds
Total funds brought ftsrward
13.793
Total funds eArr*¢d forward
26.094
75i.000
779.094
All of lh¢ charity's activities derive from continuin8 OP¢rntion5 during the above peri(xJs.
The funds breakdown for 2020 is shown note I l.
Th¢ no￿ on page5 8 to 17 fom an integial part of thes¢ financial statements.
p￿t6

Daimler Green Community Recreation Trust Limited
(Registration number: 05586393)
Balanee Sheet as at 31 March 2021
21121
20211
Note
Fixed assets
Tartgible assets
Investhents
753.0(Kl
100
753.000
100
753.1
753.100
Currenl 45sets
Dcbitsrs
Cash at bartk and in hand
767
44,970
5.584
23,107
45.737
28.691
Creditor5: Amounts talling due within oTht year
{660
12.6971
Net current a55tts
45.077
25.994
Net •ss¢ts
798.177
779.094
Funds of ihe tharity:
Restricted income fund5
Restri¢t¢d funds
753.000
753.0(K)
Unrestrided ineome fuHds
Unresiricted
45,177
26,094
Totsl funds
798.177
779.094
For the fjnancial year ending 31 March 2021 the clwity was ¢niitled ￿ exemption from audit under s¢ction 477
of the Companies Aci 2006 relaiing to small companies.
Direc￿r$'YeSP0n$￿bjlit1eS'.
The rnembers have r¥ot required the ¢h¥ity to obtsin an audii of its a¢¢out)ts for th¢ y¢ar in gu¢siion in
a¢cordan¢e with se¢tion 476. and
The dire¢¢ors acknowledge their Tesponsibililies ftlr complying wilh the requiremeDES of the Act with r¢sp¢ct
to a¢counting records and the preparation of oc¢ounts.
The financi￿ statements on pages 6 10 17 wEre approved by the intsiees. and author¢sed for issue on I
De¢ember 2021 and si8ned on their behalf by..
The financial statemen1$ on pages 6 10 17 approved by the In￿¢t¢s. and authorised for issue on I
December 2021 and signed on their behalf by:
Miss Lynn Wklliams
Trustee
The notes itrn pages 8 10 17 fomi an iniegral part of thes¢ finan¢ial statements.
Pa8e 7

Daimler Creen Community Recreation Trust Limited
Notes to the Financial Statements for the Year Ended 31 March 2021
I Chgrity stslll$
The charity Is limited by share capital. iTKorwrated in England aTMI Wales.
The address of its iegi¥¢Ted offKe 15..
48 Highley Drive
Coventry
CV6 3LR
These financial st￿ements were autry)rised for issue by the trustees on l December 2021.
2 Accounting policies
Symmary of signifitant accounting pollties and key accounting esiiThaies
The prill¢ipal a¢¢ountir)g ￿1)¢1¢$ applied in the preparation of these financial statements ar¢ out b¢h)w.
These policies have be¢rt corLsisienily applied to all the yCaT5 PT¢seni¢d, unless otherwise ststed.
Statement of eornplianet
The financial stsiemenis have been prepwed in accordance wth Accounting and Reporting by Chariti¢s.'
Stsiemeni of Recommended Prdctice (applicable to chariiic5 preparing their ac¢A)unts In accordance with the
Financial Reporting Swidard applicable in the Uk and Republic of Tr¢land IFRS 102)) {issued in October 2019)
(Chariiies SORP {FRS 102)). the Financial Reporting Standawd appli¢abl¢ in the UK and Republic of IrelaThd
{FRS 102) arml the Companies A¢t 2006.
Bgsis of prepJr*tion
Daimler Green Comrnunity R¢¢reaiion Trusi Limited meeis the definition of a public benefit entity under FRS
102. Assets and IiabilLties are snitially reco8nised ￿ historical cost or trdnsaction value unless otherwise stated in
Ihe ielevani xwuntirt8 ￿litY notes.
Going concern
The trustees Consider ihat there are no material uncertainiie$ about the charl￿S ability to ¢onLIDue as a going
con¢ern nor any significant are&s of uncertainty th* affect the ¢aTrying value of asseis held by tIK charity.
Exernption from prewring a ush flow st*trmemi
The chariry opted to early adopt Bulletin I published on 2 February 2016 aT¥J have therefore t￿1 included a c&sh
flow st&iement in these financial 5taien7ents.
lrteomt and endowment5
All incoming r¢sour¢es are included on the Ststernent of Finartcial Acrivities wthen the charity is legally entitled
to the inrome and the amount can be quantifjed wilh reasonable accurdcy. This applie5 to tr)th grants and
dollations ￿CtiVed.
Page 8

Daimler Green Community Retreation Trust Limited
Notes to the Financial Ststements for ihe Year Ended 31 Mareh 2021
Dontstion$ leg4¢ies
Donatlons are Tecognised when the ¢harity has be￿ notified in Wriiing of both the amouthr and settlement date.
In the tvent that a donatioii 15 5ubje¢t to ronditions thai tequLre a ltyel of performance by th¢ charity before the
harity is entitled to the fund5. th¢ inroffle 15 drferred and r¥)t r¢¢ognised witil eith¢r t]K>S¢ condiliorts are fully
et, or the fulfilrnEnT of those Conditiorts is wholly within th¢ control of tht charity and it is probable that these
conditions will be fulfilled in the r¢porting period_
Gntnts re¢eivaNe
Grants are reco8nised when the charity has an entitlement to the fvtyds and any ¢ondJtions linked to the grants
have been met. Where performance condition5 are attsch¢d to the grartt and are yet lo be md, the income is
recooni5ed as a li&bility and Includ￿ the balance she¢1 as defttred Jtwme to be released.
Expenditure
All e¥penditure is recognised on¢e there is o legal or ¢onsttu¢tiv¢ Obli￿1[￿ to that expendithre, it is prnbable
seulement is ¥eqJired and the amouni ¢an be measur¢d reliably. All are alloc•i¢d io the appltcable
expenditure headtng thai aggregate similar Costs io that ¢at¢gory. Wh¢r¢ ¢osts ¢annoL be directly attributed to
particular headings ihey have been all0¢￿ed on a b&sis consisteni with the use of rey)urces, with centrdl stair
costs allocaied OD ihe basis of ttme WL and depreciation charges allocated on th¢ portion of the &55et's use.
Other support ¢o$ts are allo¢ated bas¢d on the spread of staff costs.
Covernance t05ts
Thes¢ in¢lude th¢ costs attributsble io the charity's compliance wrth consiitutional and statutory requirements.
including audit, strategic management and tThsiee5's mtttings and reimbursed expense5.
Government grants
Government grants are reco8nised b￿d on thc xcrual modcl arwj art meosured al the fair value of ihe asset
received or receivable. Grants are cI￿lfied a5 relating either to revenue or ro assets. GTants relating to revenue
are reco&n5sed in income over the period in which the relat￿ costs are r¢cogni5ed. Grants rel*ing to assets are
r¢¢ogttis¢d ov¢r the expected useful lift of the a5sel. Where part of a granl ￿lating to an asset is deftrred, it is
re￿8￿1$¢a &$ deferred income.
The charity is considered io pass the tests sei out itt Paragraph I Schedtsle 6 of the Finance Act 2010 and
therefore it meets the definition of a charitsble ¢omp2ny for UK ¢otporatTron tax purposes. Accordingly. the
charity is potentially exernpt from tlxation in respect of income ￿ capithl gains re¢eived wiihin categorie5
covered by Chapter 3 Part I l of the CorrA)raiion Tax Act 2010 OT StttiO￿ 256 of the Taxaiion of Chargeable
Gain5 Act 1992. to the extent thai such iDcome tsr gdins are applied eK¢lusively to charitable purposes.
Tlngible fixed ass¢ts
Individual fi¥ed assets costing £500.00 or nKJre we iniiialty recorded at COSL less any sUbseqU￿t accumulated
depreciation and subsequen¢ ac¢umulated impaimtent losses.
Depreciation and arnortiS#lion
DepT¢¢iation Is provided on taTrgible flxed assets 50 as to write off the or valuation. ks5 any tstimated
residual value, over iheir expected Lvfvl economic lTrfe as folh)w5=
Asset ¢lass
Depreei•tion method and rate
overa 50 year period.
Page 9

Daimler Green Community Rtcreation Trnst Limited
Notes to the Financial Statements for the Year Ended 31 Mareh 2021
Fixtrjres. Fitting5.equipmeni
?0% reducing balance
Bw$ine$5 comb•￿tIonS
Busines5 combination5 are accounted for under the purchose method. Where necessary. adjustmen15 are made to
the ftnancial statements of subsidiaries ￿ briDg the a¢¢ountiDg wJli¢ies used into line with ihw used by the
charity. All inira-group rran5actions. balance% income and expertses dre eliminaled on consolidation. In
accordance with Section 35 of FRS 102. Sectitin 19 of FRS 102 h&s not applitd in these financial
statemenrs in respect of business combinations eff¢¢ted pnor io th¢ date of transition.
Fixed a5sel inveslrneDts
Fixed a55et inve51rnent5. oiher than programme related inv¢5tm¢nrs, ar¢ included ai marke( value at ihe balance
sheet date. Reali5ed 88in5 and losses on investments are calculated as th¢ differenee beThveen sales proceeds and
their rnarkel value at the start of the year. or th¢4r subsequeni cosc and are charged or credited to the Statement
of Financial Adivities in the period of diswjsal.
Unrealised gains and losses represent the mvement in market values during the year and are vedi¢ed or
¢h2rged to the Ststemeni of Finarbcial Activitie5 based on the market value 01 the yw ¢nd.
Trdde debtor5
Trade debtors are amounts due from cu5tomer5 for merchandise sold or s¢ryi¢¢s performed irt the ordinory
course of business.
Trade d¢b¢ois ar¢ reeognis¢d inirially at the transaction price. They are 5ubsequcntly rneasured #t amortiged ¢ost
using the effeciive interest method, less provision for impainneni. A provision for the impaimient of trade
debiots LS estsblished when there is objecrtve evidence that the charity will not be able ￿ collect all ainounts due
a¢¢ording to the origbnaI temis of the recebvables.
C*sh 8nd tash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, athd other short-ierni highly liquid
invesiments that are rrddily CODvertible to o kTh)wn amount of cash and are subject to an insignificanr fisk of
change in value.
BoTrDwiny
Inreresi-bearing IM)rrowings are initially recoTdesJ at fair value. net of msaction costs. Interestthtiring
borrowings are subsequenily carried at amortis¢d ¢osL with the difference between the PTo¢ttds. net of
trdnsaciioh ￿sIs. and the amouni due on redemption being reco￿￿Sed as a char8e io the StatemeDi of Finan¢ial
Activities over the period of ihe relevant bonowing.
Interest expense 1$ Tec(Jgnised ot) the basis of the effective iniertst method and is incllkded in interest payable
and similar charges.
Bortowings are elas5ified a5 curreni liobilities unless the charity ha5 an unconditional right to defer settlement of
the liability for at lust twelve months afi¢r the rtporting date.
Page 10

Daimler Green Community Recreation Trnst Limited
Notes ¢0 the FiDan¢ial Statements for ihe Year Ended 31 March 2021
Foreitsn ex¢h*thg
TTan5aciions in foreiun cU￿encieS are re¢orded at the rate of ex¢hanLe at the date of the transaction. Monetary
assets and liabililies deTK)rnifbated in foTeign ¢UTren¢ies at the balan¢¢ sheet date are rewrted ai the ntes of
exchange prevailing at that date.
The results of overw$ operations are translated ai the average r￿e5 of exchange duTing ihe period and their
balance sheets at the rate5 ruling ai the balance sheet date. Exchange differences arising on trnnslaiion of th¢
opening net assets and results of overseas operatiorts ar¢ report￿ io other wmpr¢hensive income and
accumulated in cquity lattribuied to non-controlling interests as 4Trpropriatel.
Other exchange differences are recognised in the Statement of FirwKia] Activities in the period in which they
aTiSC exeept for..
l) exchange differtn¢es on transa¢tkons entered into to hedge certain foreign currency risk5 (see above).
21 exchange differen¢es arising on gains or losse5 on noTrn*)nttsry items which are rccognised in other
compr¢hensiY¢ in¢ome," ot¥1
3) in the case of the consolidated firtancial statements. exchaDge diffe¥entts on mortetary Items receivable from
or payable to a fortign operntion for which senl¢meni is n¢ither p10rtt￿d nor likely to occur (Iherefofe forming
part of the nel invest￿¢￿1 in the fortign operation}. whi¢h are r¢co8nis¢d in other comprehensive income aad
reported under equtty.
Fund stTurtur¢
Unrestricted income funds are gene￿ fiu)ds thw are available for use at the tn]stees discretion in furtherance of
th¢ obj¢¢iives of the charity.
Restricted income fvnds are thos¢ dOn￿ed for use in a particular area or for specific P￿r￿)se5. the use of which
is restricred ro thai areaor purpose.
FinAncial instruments
Classificalio
Financial assets and financial liab¥litie5 are rewgnised N¥hen the charity b￿0M¢S a pary to the contracrnal
provisions of ihe instrument.
Financial liabiliiies and equity in5trurnents classified a¢¢ording to the subsiat)ce of the contractual
atTangements entered iThto. An equity instrument is any ¢ontrad th3¢ evid¢rttes a residual iiittresl in the a5se15 of
the charity after deducting all of its liabiliiie5.
Page 11

Daimler Green Cornmunity Reereation Trnst Limited
Notes to the Financial Staiements for the Year Ended 31 March 2021
Recognilio•F t7ndmeawr¢menf
All financial &SS¢LS and liabiliiies are initially measured at transaction price (includin8 transaction costs), except
for those finaneial &ssets classified as at fair va]ue thro￿gh profit or loss. which are initially mta5ured at fair
value (which is nornully the transa¢tion price excluding transa¢tion costs). unles5 the arfdngement con5ritut¢s a
financing'trdnsa¢rion. If an arrangemeni eonSirThies a financing trdnsaction. the fillancial asset or finan¢ial
liability is rn¢asureil at ihe pres¢nt Value of the fijiure payments discounted ot a markei rate of interest for a
similar debt in5trnment.
Financial assets and liabilities ar¢ only offs¢t in the statement of financial p05irion when, and othly when there
exists a legally ellfor¢eable rigbt io sei off the recognised arnounts and charity intejkls ¢iiher r(p settle on
et basis, or ￿ realise th¢ asset and settle the liability simultsneously_
Financial wets are derecoJn ised when and only a) the witwwal rights tt) the cash Ilows from the
financial asset expire or are settled, b) the charity transfers to another pany subsuniially all of the Tisks and
rewards of oibnership of the finarKial asset. or cl the chaFÈty, de5Plt¢ havin8 retained Some, but not all.
significant risks and rewdrds of owihcrship. has trnnsfeTFed ¢ontml of the asset 10 another paty.
Financial liabilities are ￿erecO￿lStd only when the Oblig￿lon specified in the Cont￿t is discharged, Cancelled
or expires.
Page 12

Daimler Green Community Recreation Trust Limited
Notes to the ￿inanCial Statements for the Year Ended 31 March 2021
Dehti4ry51ruments
Debi i￿truMen[S which meet the following conditions arc 5ubsequentty rneasured at amort15ed cost 115iTrg the
effe¢tiv¢ inier¢si method.
{a} The coThtra¢tual return to the IM)Ider is (i) a fixed arrw)unt; (li) a wJ5Trtivt fixed rate or a rA)sitive variable raie.
tsr liiil a combination of a posilTrve or a negative fixed rdte alld a posilive variable Me.
(b) The contract may provide for repayments of the principal or the rehun to holder (but rtot b)th) to be
linked to a siNgle relevart¢ observable index of general pnee intlation of the ¢uttts¢y in which ihe debt
instrument is denominaied, ptovided sych links are not l¢ve￿ged.
{c) The contract may provide for a detemiinable variation of the relurn to the holder during the life of the
instrument. provided that li) the new rate satisfies condition (al and the variaiion is not contingent OD futtjre
events oiher than11) a change of a wntractual variable rat¢-12) 10 pwie¢t the holder against crtdit deienoration
of the issutr;13) changes in levies applied by a central bank or arisjrtg from changes in relev￿1 taxaikon or law.
or (li) the new rdte 15 a market rdte of interest and satisfies wrtditiort lal.
(d) Th¢re is tKtr Contrac￿1 provision that ¢ould. by its lern￿. result in thc IK)IdeT losing ihe principal amount or
any interest attributable to the current period or prior periLwJs.
le) Contractual provisions that peTmit ihe i5sucr ￿ prepay a de￿ Jnstnjmeni or permii the holder to Put It back to
the issuer before maturity are not contingent on fvttsre events. other than to P]Dte¢t ihe Ix)Ider againsi the credit
deterioration of the issuer or a change in control of ihe is5ucr. or to prtstect the holder or i55uer against ch￿ge5
in levies applied by a central bank or arising from changts tn rclcydnt laxation or law.
10 Contractual provisions May p¢rTnit the extension of the term of ih¢ d¢bt instwmenl. provided that the T¢turn
io the holdeT and any other ￿nts?¢1￿al provisions appli¢abl¢ during the ¢xtended tern) saiisfy th¢ ¢ondiiions of
paragraphs la) to Ic}.
Debt instruments that are classified as payable or recesvable within one year on initial recognition and which
Meet the abov¢ conditions are measured at the undiscounted amouni of the cash or other consideration expe¢ied
to be paid or received. nei of impairment.
With the ¢x¢¢ption of some hedging ithstruments, other debt inslrumcnts not meeting these conditions are
measured at fair value through profit or loss.
Commitsnents ￿ mak¢ and receive 104ns wthi¢h meet the conditions snentioned alM)ve are measured ai cost
(whi¢h may be nil) less impainnent.
Inve51ments
Investments in non•COrtvertible pteferet)¢¢ shares aThd non-puttable ordinary or preference shares (where share5
are publicly traded or their fair value is reliably measurable) are tn¢asured at fair value throu8h profit or loss.
Where fair valu¢ cannot bt measured rcliably, investments are m¢asured at CO￿ less imp2irnieni.
Investments in subsidiarics arKI a59)ciates art mthsured at C05[ less impairni¢Tht. For investsnents in subsidÈaries
a¢quired for ¢onsiderdiion including the issue of shares qualifyin8 for merger relief. cost is m¢asured by
reference to the nominal value of the shares issued plus fair value of other c0Th5ideraiion. Any premium is
ignored.
Page 13

Daimler Gr¢en Community Recreation Trnst Limited
Notes to the FiDanci*l Ststements for the Year Ended 31 March 2021
Derivaiivefina4ci4lillsirnwttts
The charity uses derivative financial irlstruments to reduce exp)sure to foreign exchang¢ risk and interest rate
movements. The charity does not hold or issue derivative firorKial Instruments for sp¢¢ul&iw¢'pLtrpos¢s.
Derivat?vc$ are initially re¢ognised at fair Val￿ * the dat¢ a derivartve conrract is entered In￿ and are
subsequently rerneasured to their fair value at each rtporting datt. The resulitng 8ain or 1055 15 recognised in
statement of financial activities irnmediatcly unle55 the deriV￿]ve is designated and effective &$ a hedging
instrument. in whi¢h event the liming of th¢ recognition in statement of financial activities depend5 on the
nature of ihe hedge relaiionship.
The best evidence of fair value 15 3 quoted price for an identical asset in an a¢tiv¢ market. Wh¢n quoted price5
are unavailable. the price of a recent tr8n5action for an identical asset provides evidence of fair value as long as
there noi been a significant change in ec0￿Mi( circumstsllces or a significant lapse of lime stnce ib.¢
dnsaction look place. If ihe market 5S active and ￿ertl transaciions of an ideniical asw on their own are
not a good estimate of fair valut. the fair volue is ¢stÈmated by ￿l￿g a valuation iechnique.
3 lntorne from doTr¥tions and Jeg*cies
Umrertri¢¢ed
f￿nd$
Ctneral
Total
fund$
Donation5 and legacies.
tA)naiion5 from individuals
Grants. including capiral grani
Governrnent grants
2,126
2.126
33.760
33,760
Total for 21121
35.886
35,886
Totsl for 2020
24,145
24.145
Page 14

Dairnler Green Community Recreation Trust Limited
Note5 to the Financial S¢atemeDts for the Yegr End￿1 31 Ma￿h 2021
4 Taxatio
Th¢ chaTity is a regi51ered tharity and is therefore exempt from taxation.
S Tangible fixed *ssrt$
IAnd and
Furniture and
equiprnenl
Total
Cost
At l April 2020
753,¢)00
26.808
779.808
Ai 31 March 2021
753,0Th)
26,808
779,808
DepreeiAtlon
At l April 2020
At 31 March 2021
26.808
26.808
26.808
26.808
Net book Y4lue
At 31 March 2021
753,0(Kl
753,000
Ai 31 Mareh 2020
753.000
753,000
6 Fixed asset IDVrftments
2021
2020
Shares group UTKlertakit)gs and participating interests
100
100
Pa8t15

Daimler Green Community Re¢reatioD Trust Limited
Notes lo the Financial Ststemeuts for the Year Ended 31 March 2021
Share5 in group uHdert¥kimgs and p*rtiCAPatiTrg interesls
Subsidi¥ry
nd¢rtAlungs
Tot•1
Cost
Additions
At 31 March 2021
100
Net book volue
Ai 31 March 2021
100
7 Debtors
2021
2020
Prepayments
Other debtors
767
619
4.965
767
5.584
Cash and ￿5kn wuiv#lents
2021
zozo
Cash at bartk
44,970
23,107
9 Cr￿ltorS. amounts falling due within oTrt year
2021
202
Accruals
660
2,697
10 Share e•pit*l
I l Funds
Other
r¢¢ogttised
g•An￿{loSses)
Balance at
JI March
2021
B*lattce at I
April 2020
Inttyrning
sourtes
Resourres
¢sp¢nd¢d
Unrestricted fufyd$
General
26,094
40.473
(21.390)
4),177
Restricted funds
753.000
753.000
Total fund5
26.094
40,473
(21.390)
753.OtM)
798.177
Page 16

Daimler Green Community Recrration Trust Limited
Notes to the Fillaneial Statements for the Year Ended 31 Mareh 2021
Other
recognised
gainsl(losst5)
Billnce *¢
31 .M#r¢h
2020
Balance #t I
April 2019
Intomtng
Resollrtes
txpended
Unrestricted funds
General
13.793
25.870
(13,569)
26.094
Restrieted funds
753,0
753,(rt>0
Total fumds
3.793
25.870
(13.569)
753,01)0
779.094
12 Aty#lysis of assets bttween funds
Unrestticttd
fun
Cenernl
Totsl funds gt
3] Mareh
21J21
Restricted
fynds
Tangible fixed assets
Fixed asset inve51menlS
Current &S5ets
Current liabilities
753.000
753,000
100
45,737
(660)
100
1660)
Toial net assets
45.177
753,000
798.177
Unrestricted
funds
General
Total funds It
31 March
2020
Restritted
funds
Tangible fixed assets
Fixtd asset investmertls
Current Lssets
Curreni liabiliii¢s
753,000
753.0
28.691
(2.697)
28.691
{2.6971
Total nei assets
26,094
753,000
779.
13 Analysi5 of net funds
At l April
2020
Fitt*neing cash
flows
At 31 M8r¢h
2021
Cash at bank and in hand
23.107
{23.10
Net debt
23.107
A¢ l April
2019
{23,10
Finanting crtsh
nows
At 31 March
2020
Cash at bank and in hand
11.086
12.020
23.106
N¢t d¢bi
11.086
12.020
23,106
Page 17

Daimler Green Community Recreation Trust Limited
Detailed Statement of Financial Activities for the Year Ended 31 March 2021
Total
2021
Totsl
2020
Income 3nd Endowments from:
Donaiions and legacies lanalysed below)
(hher incom¢ (onalys¢d below)
35.886
4.587
24.145
1.725
Total income
40,473
25,870
Expenditurt on:
Charitabl¢ actJvill¢S {analys¢d b¢low)
{21.3901
113.569)
Total expendilure
121,3901
113,569)
Net in¢om¢
19,083
12.301
Net movement in fvnd5
19.083
12,301
Reconciliation of funds
Total fvnds brought foTWaTd
26,094
13.793
Total funds carried forward
45.177
26.094
This page does not fomi part of th¢ statuw financial statements.
Page 18

Daimler Green Community Recreation Trust Limited
Detailed Statement of Fittancial Activities for the Year Ended 31 Marcb 2021
Total
2•11
Tot*1
2020
Donotions andlegacies
App¢a15 and donations
UK Gov¢rnEnent grants
2.126
33,760
24.145
i5,886
24,145
her income
R¢ntal in¢ome
4.587
1.725
4.587
1.725
Ch&riloble oclivilE
Rate5
Light. heat and p0￿r
Insuran¢e
Repairs and renew￿5
Telephone and f&x
Trade subscriptions
Sundry expen5e5
A¢courttsn¢y fees
Bank charges
{1.441)
16 ?82)
12.152)
17.926)
12.543)
11801
{171)
(672)
123)
121.3901
(3.946)
(5.609)
(2.387)
16361
(1401
16001
{83}
{13,5691
This page does not fom) part of th¢ ststutory fitwKial statements.
Page 19