2021-03-31-accounts - William Robinson Gravetye Charity

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CONTENTS	~Pa e
Trustees' (Directors) Annual Report	1-6
Report ofthe Independent Examiner
Statement of Financial Activities
Balance Sheet
Statement ofcashflows	10
Notes to the Financial Statements	11-15

TRUSTEES' ANNUAL REPORT	TRUSTEES' ANNUAL REPORT	TRUSTEES' ANNUAL REPORT	TRUSTEES' ANNUAL REPORT	TRUSTEES' ANNUAL REPORT	TRUSTEES' ANNUAL REPORT	FOR THE YEAR ENDED 31st MARCH 2021
The Trustees present their annual						report and the unaudited financial statements for the year	ended
31st March		2021.
The financial statements				have been prepared in accordance with the accounting policies set			out
in note 2to the financial				statements		and comply with the Charity's governing document, the
Charities	Act 2011 and			Accounting		and Reporting by Charities: Statement of Recommended	Practice
applicable		to charities	preparing		their accounts in accordance with the Financial Reporting
Standard	applicable in		the UK and			Republic of Ireland (FRS102)effective 1stJanuary 2015.
Reference		and Administrative information
Name:						WILLIAM ROBINSON GRAVETYE CHARITY
Charity number:						1136242
Company		number:				06876284
Formation:
The William Robinson				Charity	- number 256766
						The Charity was registered on 25th September 1968and		was
						established by a Scheme ofthe High Court (Chancery Division)					13th
						July 1936and a Scheme of 13th February 1959as	amended			by a
						Scheme ofthe Commissioners of 16th July 2001.
The William Robinson				Gravetye		Charity - number 1136242
						The Charity was registered on 9th April 2009 and registered			as		a
						company limited by guarantee by its memorandum	and articles				of
						association on 14th April 2009.
						The assets and liabilities ofthe former William Robinson		Charity
						(256766)were designated the William Robinson Gravetye			Charity
						number 1136242-1 and subsumed as a subsidiary	to charity 1136242
						under a uniting direction on 24th November 2010.
						The Trust property known as the Gravetye Estate was originally					devised
						under the will ofthe late William Robinson to be utilised for			the		purposes
						ofState Forestry.
Trustees:						The Trustees ofthe Charity are appointed by its Member.

Peter Latham	appointed	05/07/2021
Julia Grant	appointed	02/07/2020
Hugh Bullock	appointed	02/07/2020
Dr Mary Barkham	re-appointed	20/01/201 9
Karen Dukes	re-appointed	23/10/2020
Gillian Sandham	re-appointed	23/10/2020
SirWilliam Worsley	appointed	02/07/2020
SirWilliam Worsley	to	05/07/2021
Sir Henry (Harry) Studholme	to	14/07/2020
Andrew Martin	to	11/09/2020
Michael Neal	to	11/09/2020

FOR THE YEAR ENDED 31st MARCH	2021			2021	2020
				E	g
	Notes	Unrestricted	Endowment	Total	Total
		funds	funds
Income
Investment income		134,481		134,481	132,187
Charitable activities	3-4	5,613		5,613	43,063
Total income		140,094		140,094	175,250
Expenditure on
Charitable activities		161,782		161,782	236,807
Total expenditure		161,782		161,782	236,807
Net gains/(losses) on investments		207,464		207,464	478,663
Net movement in funds		185,777		185,777	417,106
Reconciliation offunds
Total funds brought forward		1,216,923	9,000,000	10,216,923	9,799,818
Total funds carried forward		1,402,700	9,000,000	10,402,700	10,216,924

WILLIAM ROBINSON GRAVETYE CHA	WILLIAM ROBINSON GRAVETYE CHA	RITY			Page 9
BALANCE SHEET AS AT 31st MARCH		2021	Company	Number:	06876284
		Notes		2021	2020
				f.	F
Fixed Assets
Tangible assets - Heritage Assets			7	9,000,000	9,000,000
Investments			8	1,331,975	1,174,511
Total fixed assets				10,331,975	10,174,511
Current assets
Debtors			9	87,777	64,802
Cash at bank			10	37,232	68,539
Total current assets				125,008	133,341
Liabilities
Creditors: amounts	falling due within	one year	11	(54,283)	(90,928)
Net current assets				70,725	42,413
Net assets				10,402,700	10,216,924
The funds ofthe Charity
Unrestricted funds			12	1,402,700	1,216,924
Endowment funds			13	9,000,000	9,000,000
Total charity funds				10,402,700	10,216,924


WILLIAM ROBINSON GRAVETYE	CHARITY				Page 10
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31st MARCH 2021				2021	2020
Cash flows from operating activities
Net cash provided by operating activities				(81,307)	(94,540)
Cash flows from investing activities	-Investment	sales		50,000	50,000
Change in cash and cash equivalents	in the
reporting period				(31,307)	(44,540)
Cash and cash equivalents at the beginning
ofthe reporting period				68,539	113,079
Cash and cash equivalents at the end of
the reporting period				37,232	68,539
Net movement in funds				185,777	417,106
Less: Unrealised gains on Fixed	Assets (Endowment		fund)		(475,000)
Less: Unrealised gains on Fixed	Assets Investments			(199,991)	532
Less: Realised gains on Fixed Assets Investments				(7,473)	(4,195)
Decrease/(Increase) in Debtors				(22,975)	(35,702)
(Decrease)/Increase in Creditors				(36,645)	2,719
Net cash (utilised) by operating activities				81,307	94,540

						2021	2020
						f.	f.
2	Investment income
	Rental Income from Heritage Assets					134,478	132,175
	Bank Interest					3	12
						134,481	132,187
3	Incoming resources from	charitable		activities
	Chelsea Flower Show Sponsorship				- net		19,457
	Sales oftimber and other		income			5,613	23,606
						5,613	43,063
4	Other incoming resources
	Water charges recoveries		and sundry wayleaves
5	Charitable activities
	Estate and property expenses					137,814	172,422
	Irrecoverable VAT					750	33,432
	Estate insurance					3,071	3,042
						141,635	208,896
	Charity support costs					13,616	11,207
	Estate management	support costs				2,700	11,426
	Governance costs					3,831	5,278
						161,782	236,807
6	Governance costs
	Trustees expenses					2,031	3,118
	Independent examination		costs			1,800	2,160
						3,831	5,278


OR	THE YEAR ENDED 31st MARCH 2021								2021	2020
7	Tangible Assets - Heritage Assets
	(Permanent Endowment)
	Gravetye Manor and estate - at		market		value				9,000,000	9,000,000
	The Gravetye Estate was professionally					valued at 31st March 2004 by RH 8 RW Glutton
	on the basis of unencumbered	freehold			interests			and subject to	existing tenancies.
	The valuation was subject to a	desk top				uprating		at March 2020	by RH 8 RW Glutton
	LLP based on existing leases and			tenancies			and	on an existing	use open market value basis.
	The original value and subsequent			costs		to date,		ofthe estate, are not known.
8	Fixed Asset - Investments								2021	2020
	Quoted Investments - (UK Listed)
	Historical cost 31st March 2020								599,677	623,054
	Revaluation to market value								574,834	597,794
	Market value 31st March 2020								1,174,511	1,220,848
	Disposals at market value								(42,527)	(45,805)
	Unrealised (losses)/gains								199,991	(532)
	Market value 31st March 2021								1,331,975	1,174,511
	Historical cost 31st March 2021								577,964	599,677
	CCLA Charities Investment Fund			- Accumulation				Units	1,331,975	1,174,511
9	Debtors
	Other debtors - monies due from lessees								64,777	24,555
	Other debtors - other incoming		resources						23,000	40,247
									87,777	64,802
10	Cash at Bank
	HSBC - Current Account								29,736	65,772
	RW Glutton Client Account								4,726
	HSBC - Deposit Account								1,082	1,081
	CCLA - Deposit Fund								1,688	1,686
									37,232	68,539
11	Creditors: amounts falling due within			one	year
	Creditors								18,511	10,523
	Accrued expenses								7,110	35,767
	Prepaid income								28,662	44,638
									54,283	90,928

NOTES TO THE FINANCIAL STATEMENTS
		2021	2020
FOR THE YEAR ENDED 31st MARCH 2021
12 Unrestricted Funds
Balance at 31st March 2020		1,216,924	1,274,818
Net movement in funds		185,777	57,894
Balance at 31st March 2021		1,402,701	1,216,924
13 Endowment Funds (Permanent	Endowment)
Balance at 31st March 2020		9,000,000	8,525,000
Estate revaluation			475,000
Balance at 31st March 2021		9,000,000	9,000,000