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|Trustees||Mr J S R Elliott|Mr J S R Elliott|||
|---|---|---|---|---|---|
|||Dr S D Ward||||
|||Mr E Hewetson||||
|||Mrs C Berry||||
|||Dr P Welsh||||
|||Mrs H Loxam||||
|||Mr D Swalwell||||
|||Mr G Broome||(Appointed|22 July 2021)|
|Charity number||1141021||||
|Company|number|07444213||||
|Registered|office|The Estate Office||||
|||Low Ploughlands||||
|||Little Musgrave||||
|||Kirkby Stephen||||
|||Cumbria||||
|||CA17 4PQ||||
|Auditor||Xeinadin
Audit|Limited|||
|||1 City Road East||||
|||Manchester||||
|||M15 4PN||||
|Bankers||Barclays Bank|Pic|||
|||31 High Row||||
|||Darlington||||
|||County
Durham||||
|||DL3 7QS||||
|Solicitors||Kilvington
Solicitors||||
|||Westmorland|House|||
|||Market Square||||
|||Kirkby Stephen||||
|||Cumbria||||
|||CA17 4QT||||
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|||Page|
|---|---|---|
|Trustees'
report||1-5|
|Statement oftrustees'|responsibilities||
|Independent
auditor's|report|7-10|
|Statement offinancial|activities||
|Balance sheet||12|
|Notes to the financial|statements|13-23|
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|||||Unrestricted|Restricted|Total Unrestricted|Total Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|---|---|
|||||funds|funds||funds|funds||
|||||2022|2022||2021|2021|2021|
||||Notes|f|f||f|f|f|
|Income and endowments|||from:|||||||
|Donations
and legacies||||50||50||||
|Charitable
activities||||51,886||51,886|49,977||49,977|
|Investments||||113,982||113,982|111,339||111,339|
|Other income||||6,090||6,090||||
|Total income||||172,008||172,008|161,316||161,316|
|'||||||||||
|e
eon||||||||||
|Raising funds||||55,100||55,100|60,554||60,554|
|Charitable
activities|||8|106,132|241|106,373|107,487|369|107,856|
|Total expenditure||||161,232|241|161,473|168,041|369|168,410|
|Net gains/(losses)||on||||||||
|investments||||(33,101)||(33,101)|678,004||678,004|
|Net movement|in|funds||(22,325)|(241)|(22,566)|671,279|(369)|670,910|
|Fund balances at 1 April 2021||||5,327,042|4,505|5,331,547|4,655,763|4,874|4,660,637|
|Fund balances|at|31 March||||||||
|2022||||5,304,717|4,264|5,308,981|5,327,042|4,505|5,331,547|
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||||||2022||2021||
|---|---|---|---|---|---|---|---|---|
|||||Notes|||F||
|Fixed assets|||||||||
|Tangible assets||||12||1,790,451||1,782,427|
|Investment|properties|||13||2,770,371||2,715,000|
|Investments||||14||857,228||971,830|
|||||||5,418,050||5,469,257|
|Current assets|||||||||
|Debtors||||15|19,320||19,091||
|Cash at bank and||in|hand||191,475||124,015||
||||||210,795||143,106||
|Creditors:|amounts||falling due within||||||
|one year||||16|(76,774)||(26,073)||
|Net current|assets|||||134,021||117,033|
|Total assets less||current liabilities||||5,552,071||5,586,290|
|Creditors:|amounts||falling due after||||||
|more than|one year|||17||(243,090)||(254,743)|
|Net assets||||||5,308,981||5,331,547|
|Income funds|||||||||
|Restricted|funds|||20||4,264||4,505|
|Unrestricted|funds|||||5,304,717||5,327,042|
|||||||5,308,981||5,331,547|
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|||||Unrestricted|Total|
|---|---|---|---|---|---|
|||||funds||
|||||2022|2021|
|||||E|f.|
||Donations|and gifts||50||
|4|Charitable|activities||||
|||||2022|2021|
|||||f|f.|
||Rental income|||35,749|32,161|
||Government|subsidies|and other income|16,137|17,816|
|||||51,886|49,977|
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|||Unrestricted|Unrestricted|
|---|---|---|---|
|||funds|funds|
|||2022|2021|
|||E|E|
|Rental|income|104,948|90,660|
|Income|from listed investments|9,028|20,655|
|Interest|receivable|6|24|
|||113,982|111,339|
##
||||Unrestricted|Total|
|---|---|---|---|---|
||||funds||
||||2022|2021|
||||E|E|
||Net gain on disposal oftangible|fixed assets|6,090||
|7|Raising funds||||
||||||Unrestricted|Unrestricted|
|---|---|---|---|---|---|---|
||||||funds|funds|
||||||2022|2021|
||||||E|E|
|Investment|ro ert||ex enditure||||
|Investment|property||running|costs|27,747|21,208|
|Investment|property||repairs||23,150|35,261|
|Investment|property||expenditure||50,897|56,469|
|Investment|mana|ement costs|||4,203|4,085|
||||||55,100|60,554|
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||||||2022|2021|
|---|---|---|---|---|---|---|
||||||f|F|
|Staff costs|||||24,928|25,428|
|Depreciation|and impairment||||9,647|7,375|
|Haybridge
Moss and||Hulleter|Moss project costs|||85|
|Repair, maintenance||and conservation||costs|17,106|22,479|
|Operational|costs||||7,038|9,134|
|Support costs|||||35,490|37,061|
|Irrecoverable|VAT||||12,164|6,294|
||||||106,373|107,856|
||||||106,373|107,856|
|Analysis
by|fund||||||
|Unrestricted|funds||||106,132|107,487|
|Restricted funds|||||241|369|
||||||106,373|107,856|
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|The average|monthly
number ofemployees
during th|e year was:||
|---|---|---|---|
|||2022|2021|
|||Number|Number|
|Warden||||
|Employment|costs|2022|2021|
||||K|
|Wages and salaries||22,928|22,928|
|Other pension costs||2,000|2,500|
|||24,928|25,428|
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|||||Unrestricted|Unrestricted|
|---|---|---|---|---|---|
|||||funds|funds|
|||||2022|2021|
||||||E|
|Revaluation|of|investments||(329,842)|141,563|
|Gain/(loss)|on|sale of investments||296,741|(10,079)|
|Revaluation|of|investment|properties||546,520|
|||||(33,101)|678,004|
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|12|Tangible|fixed assets|fixed assets|||||||
|---|---|---|---|---|---|---|---|---|---|
||||||Freehold|land|Plant and Ilotor vehicles||Total|
||||||8 buildings||equipment|||
||||||||f|||
||Cost|||||||||
||At 1 April|2021|||1,749,448||57,658|23,520|1,830,626|
||Additions||||||7,086|20,495|27,581|
||Disposais|||||||(23,490)|(23,490)|
||At 31 March||2022||1,749,448||64,744|20,525|1,834,717|
||Depreciation||and impairment|||||||
||At 1 April|2021|||||34,589|13,610|48,199|
||Depreciation||charged|in the year|||4,523|5,124|9,647|
||Eliminated|in|respect ofdisposals|||||(13,580)|(13,580)|
||At 31 March||2022||||39,112|5,154|44,266|
||Carrying|amount||||||||
||At 31 March||2022||1,749,448||25,632|15,371|1,790,451|
||At 31 March||2021||1,749,448||23,069|9,910|1,782,427|
##
|||||2022|
|---|---|---|---|---|
|Fair value|||||
|At 1 April|2021|||2,715,000|
|Additions|through|external|acquisition|55,371|
|At 31 March 2022||||2,770,371|
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|Fixed as|set investments||||
|---|---|---|---|---|
|||Listed|Investment|Total|
|||investments|cash||
|||f|F||
|Cost or valuation|||||
|At 1 April|2021|897,332|74,498|971,830|
|Additions||929,131||929,131|
|Valuation|changes|(329,842)||(329,842)|
|Disposals||(645,085)|(68,806)|(713,891)|
|At 31 March 2022||851,536|5,692|857,228|
|Carrying|amount||||
|At 31 March 2022||851,536|5,692|857,228|
|At 31 March 2021||897,332|74,498|971,830|
##
|15|Debtors||||||
|---|---|---|---|---|---|---|
||||||2022|2021|
||Amounts
falling due||within one year:||||
||Other debtors||||10,680|12,549|
||Prepayments|and accrued income|||8,640|6,542|
||||||19,320|19,091|
|16|Creditors: amounts||falling due within one year||||
||||||2022|2021|
|||||Notes||E|
||Bank loans|||18|4,800|1,800|
||Obligations
under finance leases|||19||570|
||Other taxation|and social security|||2,345|172|
||Trade creditors||||14,837|5,902|
||Other creditors||||5,489|5,489|
||Accruals and deferred||income||49,303|12,140|
||||||76,774|26,073|
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|Creditors:|amounts
falling due after more than|one year|||
|---|---|---|---|---|
||||2022|2021|
|||Notes||F|
|Bank loans||18|243,090|246,690|
|Obligations|under finance leases|19||8,053|
||||243,090|254,743|
||||2022|2021|
|---|---|---|---|---|
|||||f|
|Bank loans|||247,890|248,490|
|Payable|within one year||4,800|1,800|
|Payable|after one year||243,090|246,690|
|Amounts|included|above which fall due after five years:|||
|Payable|by instalments|||5,400|
|Payable|other than|by instalments|212,490|212,490|
||||212,490|217,890|
##
||||||2022|2021|
|---|---|---|---|---|---|---|
||||||F|f.|
|Within|one|year||||570|
|Within|two|and|five|years||8,053|
|||||||8,623|
##
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||||Balance at|Resources|Balance at|Resources||Balance at|
|---|---|---|---|---|---|---|---|---|
||||1 April 2020
F|expended
f.|1 April 2021
E|expended
f|31|March 2022
f|
|Natural|England - Higher Level||||||||
|Stewardship||Scheme|1,942|(284)|1,658|(241)||1,417|
|Peakes|Pond|Haybridge|2,932|(85)|2,847|||2,847|
||||4,874|(369)|4,505|(241)||4,264|
##
|Analysis ofnet assets|between
funds||||||
|---|---|---|---|---|---|---|
||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
||funds|funds||funds|funds||
||2022|2022|2022|2021|2021|2021|
||F|F|F|F|F|F|
|Fund balances at 31|||||||
|March 2022 are|||||||
|represented
by:|||||||
|Tangible assets|1,789,084|1,367|1,790,451|1,780,769|1,658|1,782,427|
|investment
properties|2,770,371||2,770,371|2,715,000||2,715,000|
|Investments|857,228||857,228|971,830||971,830|
|Current assets/(liabilities)|131,124|2,897|134,021|114,186|2,847|117,033|
|Long term liabilities|(243,090)||(243,090)|(254,743)||(254,743)|
||5,304,717|4,264|5,308,981|5,327,042|4,505|5,331,547|
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