| Trustees | Mr JSR Elliott | ||||
|---|---|---|---|---|---|
| DrS D Ward | |||||
| Mr E Hewetson | |||||
| Mrs C Berry | |||||
| Dr P Welsh | |||||
| Mrs H Loxam | (Appointed | 28August | |||
| 2019) | |||||
| Charity number | 1141021 | ||||
| Company | number | 07444213 | |||
| Registered | office | The Estate Office | |||
| Low Ploughlands | |||||
| Little Musgrave | |||||
| Kirkby Stephen | |||||
| Cumbria | |||||
| CA17 4PQ | |||||
| Auditor | Kenneth Easby Limited |
||||
| Oak House | |||||
| Market Place | |||||
| Bedale | |||||
| North Yorkshire | |||||
| DL8 1AQ | |||||
| Bankers | Barclays Bank Pic | ||||
| 31 High Row | |||||
| Darlington | |||||
| County Durham |
|||||
| DL3 7QS | |||||
| Solicitors | McCormicks - Solicitors | ||||
| 35- 37East Parade | |||||
| Harrogate | |||||
| HG1 5LQ | |||||
| Investment | advisors | Waverton investment |
Management | ||
| 16Babmaes Street | |||||
| London | |||||
| SW1Y6AH |
| Page | ||
|---|---|---|
| Trustees' report |
1-4 | |
| Statement oftrustees' |
responsibilities | |
| Independent auditor's |
report | 6-8 |
| Statement offinancial |
activities | |
| Balance sheet | 10 | |
| Notes to the financial | statements |
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | ||||
|---|---|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | ||||||
| Notes | 2020 f |
2020 f |
2020f | 2019f | 2019f | 2019 f |
|||
| Income and endowments | from: | ||||||||
| Donations and legacies |
3 | 50 | 5,050 | 5,100 | 70 | 70 | |||
| Charitable activities |
4 | 56,440 | 56,440 | 54,548 | (60,328) | (5,780) | |||
| Investments | 5 | 96,892 | 96,892 | 112,092 | 112,092 | ||||
| Other income | 6 | 5,268 | 5,268 | ||||||
| Total income | 153,382 | 5,050 | 158,432 | 171,978 | (60,328) | 111,650 | |||
| Ex enditure on: | |||||||||
| Raising funds | 54,881 | 54,881 | 46,048 | 46,048 | |||||
| Charitable activities |
8 | 113,587 | 2,402 | 115,989 | 156,938 | 27,836 | 184,774 | ||
| Total resources | |||||||||
| expended | 168,468 | 2,402 | 170,870 | 202,986 | 27,836 | 230,822 | |||
| Net gains/(losses) investments |
on | (84,447) | (84,447) | 23,688 | 23,688 | ||||
| Net movement | in | funds | (99,533) | 2,648 | (96,885) | (7,320) | (88,164) | (95,484) | |
| Fund balances | at 1 | ||||||||
| April 2019 | 4,755,296 | 2,226 | 4,757,522 | 4,762,616 | 90,390 | 4,853,006 | |||
| Fund balances | at | 31 | |||||||
| March 2020 | 4,655,763 | 4,874 | 4,660,637 | 4,755,296 | 2,226 | 4,757,522 |
| 2020 | 2019 | |||||||
|---|---|---|---|---|---|---|---|---|
| Notes | f | |||||||
| Fixed assets | ||||||||
| Tangible assets | 12 | 1,581,719 | 1,582,948 | |||||
| Investment | properties | 13 | 2,168,480 | 2,168,480 | ||||
| Investments | 14 | 845,376 | 930,112 | |||||
| 4,595,575 | 4,681,540 | |||||||
| Current assets | ||||||||
| Debtors | 15 | 14,369 | 57,865 | |||||
| Cash at bank and | in | hand | 80,763 | 73,093 | ||||
| 95,132 | 130,958 | |||||||
| Creditors: | amounts | falling due within | ||||||
| one year | 16 | (21,447) | (45,831) | |||||
| Net current | assets | 73,685 | 85,127 | |||||
| Total assets less | current liabilities | 4,669,260 | 4,766,667 | |||||
| Creditors: | amounts | falling due after | ||||||
| more than | one year | 18 | (8,623) | (9,145) | ||||
| Net assets | 4,660,637 | 4,757,522 | ||||||
| Income funds | ||||||||
| Restricted | funds | 19 | 4,874 | 2,226 | ||||
| Unrestricted | funds | 4,655,763 | 4,755,296 | |||||
| 4,660,637 | 4,757,522 |
| Unrestricted | Restricted | Total | Unrestricted | ||
|---|---|---|---|---|---|
| funds | funds | funds | |||
| 2020 | 2020 | 2020f | 2019 | ||
| Donations | and gifts | 50 | 50 | 100 | 70 |
| Legacies | receivable | 5,000 | 5,000 | ||
| 50 | 5,050 | 5,100 | 70 |
| 2020 | 2019 | |||
|---|---|---|---|---|
| Rental income | 33,212 | 33,157 | ||
| Government | subsidies | and other income | 23,228 | (38,937) |
| 56,440 | (5,780) | |||
| Analysis by |
fund | |||
| Unrestricted | funds | 56,440 | 54,548 | |
| Restricted funds | (60,328) |
| Unrestricted | Unrestricted | ||
|---|---|---|---|
| funds | funds | ||
| 2020 | 2019 | ||
| Rental | income | 71,061 | 87,224 |
| Income | from listed investments | 25,828 | 24,868 |
| Interest | receivable | 3 | |
| 96,892 | 112,092 |
| Total | Total | ||||||
|---|---|---|---|---|---|---|---|
| 2020f | 2019 f |
||||||
| Net gain on | disposal | oftangible | fixed assets | 5,268 | |||
| Raising funds | |||||||
| Unrestricted | Unrestricted | ||||||
| funds | funds | ||||||
| 2020f | 2019 | ||||||
| Investment | ro ert | ex enditure | |||||
| Investment | property | running | costs | 16,666 | 15,098 | ||
| Investment | property | repairs | 24,430 | 25,284 | |||
| Investment | property | development | costs | 9,269 | |||
| Investment | property | expenditure | 50,365 | 40,382 | |||
| Investment | mana | ement costs | 4,516 | 5,666 | |||
| 54,881 | 46,048 |
| 2020 | 2019 | ||||
|---|---|---|---|---|---|
| f. | f | ||||
| Staff costs | 25,528 | 26,435 | |||
| Depreciation | and impairment | 9,193 | 10,411 | ||
| Haybridge Moss and |
Hulleter Moss project costs | 2,068 | 38,072 | ||
| Repair, maintenance | and conservation | costs | 17,679 | 36,942 | |
| Operational | costs | 10,623 | 12,687 | ||
| Support costs | 38,976 | 45,977 | |||
| Irrecoverable | VAT | 11,922 | 14,250 | ||
| 115,989 | 184,774 | ||||
| 115,989 | 184,774 | ||||
| Analysis by |
fund | ||||
| Unrestricted | funds | 113,587 | 156,938 | ||
| Restricted funds | 2,402 | 27,836 | |||
| 115,989 | 184,774 |
| The average | monthly number ofemployees during |
the year was: | |
|---|---|---|---|
| 2020 | 2019 | ||
| Number | Number | ||
| Warden | |||
| Employment | costs | 2020 | 2019 |
| F | |||
| Wages and salaries | 23,028 | 23,935 | |
| Other pension costs | 2,500 | 2,500 | |
| 25,528 | 26,435 |
| Unrestricted | Unrestricted | |||
|---|---|---|---|---|
| funds | funds | |||
| 2020 | 2019 | |||
| F | F | |||
| Revaluation | of | investments | (76,677) | 27,944 |
| Gain/(loss) | on | sale ofinvestments | (7,770) | (4,256) |
| (84,447) | 23,688 |
| Tangible fix | ed asset | s | ||||
|---|---|---|---|---|---|---|
| Freehold land |
Plant and Motor vehicles | Total | ||||
| & buildingsf | equipment | E | ||||
| Cost | ||||||
| At 1 April 2019 | 1,539,629 | 51,430 | 23,520 | 1,614,579 | ||
| Additions | 1,736 | 6,228 | 7,964 | |||
| At 31 March | 2020 | 1,541,365 | 57,658 | 23,520 | 1,622,543 | |
| Depreciation | and impairment | |||||
| At 1 April 2019 | 25,729 | 5,902 | 31,631 | |||
| Depreciation | charged | in the year | 4,789 | 4,404 | 9,193 | |
| At 31 March | 2020 | 30,518 | 10,306 | 40,824 | ||
| Carrying amount |
||||||
| At 31 March | 2020 | 1,541,365 | 27,140 | 13,214 | 1,581,719 | |
| At 31 March | 2019 | 1,539,629 | 25,701 | 17,618 | 1,582,948 |
| Investment property |
|
|---|---|
| 2020 | |
| f. | |
| Fair value | |
| At 1 April 2019and 31 March 2020 | 2,168,480 |
| Fixed as | set investments | |||
|---|---|---|---|---|
| Listed | Investment | Total | ||
| investments | cashf | |||
| Cost or valuation | ||||
| At 1 April | 2019 | 858,318 | 71,794 | 930,112 |
| Additions | 47,157 | 39,581 | 86,738 | |
| Valuation | changes | (76,677) | (76,677) | |
| Disposals | (94,797) | (94,797) | ||
| At 31 March 2020 | 734,001 | 111,375 | 845,376 | |
| Carrying | amount | |||
| At 31 March 2020 | 734,001 | 111,375 | 845,376 | |
| At 31 March 2019 | 858,318 | 71,794 | 930,112 |
| Debtors | Debtors | ||||
|---|---|---|---|---|---|
| Amounts falling due |
within one year: | 2020 | 2019f | ||
| Other debtors | 8,000 | 10,411 | |||
| Prepayments | and accrued income | 6,369 | 47,454 | ||
| 14,369 | 57,865 | ||||
| Creditors: amounts | falling due within one year | ||||
| Notes | 2020f | 2019 | |||
| Obligations under finance leases |
17 | 570 | 570 | ||
| Other taxation | and social security | 329 | |||
| Other creditors | 5,489 | ||||
| Accruals and | deferred | income | 15,388 | 44,932 | |
| 21,447 | 45,831 |
| Future | minimum | minimum | lease payments | lease payments | due under finance leases: | ||||
|---|---|---|---|---|---|---|---|---|---|
| 2020 | 2019 | ||||||||
| E | f | ||||||||
| Within | one | year | 570 | 570 | |||||
| Within | two | and five | years | 8,623 | 9,145 | ||||
| 9,193 | 9,715 | ||||||||
| 18 | Creditors: | amounts | falling due | after more than one year | |||||
| Notes | 2020f | 2019f | |||||||
| Obligations | under finance leases | 17 | 8,623 | 9,145 |
| Movement | in funds | Ilovement | in funds | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Balance at | Incoming | Resources | Balance at | Incoming | Resources | Balance at | ||||
| 1 April 2018 f |
resources E |
expended f |
1April 2019 E |
resources f |
expended E |
31 | Ilarch 2020 E |
|||
| Natural | ||||||||||
| England- | ||||||||||
| Higher Level | ||||||||||
| Stewardship | ||||||||||
| Scheme | 90,390 | (60,328) | (27,836) | 2,226 | 50 | (334) | 1,942 | |||
| Peakes Pond | ||||||||||
| Haybridge | 5,000 | (2,068) | 2,932 | |||||||
| 90,390 | (60,328) | (27,836) | 2,226 | 5,050 | (2,402) | 4,874 |
| 20 | Analysis ofnet assets | between funds | |||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | ||
| funds | funds | funds | funds | ||||
| 2020 | 2020 | 2020 | 2019 | 2019 | 2019 | ||
| E | E | F | |||||
| Fund balances at 31 | |||||||
| March 2020 are | |||||||
| represented by: |
|||||||
| Tangible assets | 1,579,777 | 1,942 | 1,581,719 | 1,580,722 | 2,226 | 1,582,948 | |
| Investment properties |
2,168,480 | 2,168,480 | 2,168,480 | 2,168,480 | |||
| Investments | 845,376 | 845,376 | 930,112 | 930,112 | |||
| Current assets/ | |||||||
| (liabilities) | 70,753 | 2,932 | 73,685 | 85,127 | 85,127 | ||
| Long term liabilities | (8,623) | (8,623) | (9,145) | (9,145) | |||
| 4,655,763 | 4,874 | 4,660,637 | 4,755,296 | 2,226 | 4,757,522 |