MINEHEAD AND COAST DEVELOPMENT TRUST Fonner MINEHEAD DEVELOPME1￿ TRUST Amherst Shapland Limited Acom limited b Gu4raDtee ' tered Corn Number: 07322858 . ter¢d Cbari umber: 1144443 UNAUDITED ACCOU FOR THE YEAR ENDED 31 MARCH 2022 Chartered Acco *ABJ7Z02B* 1911212022 PANIES HOUSE A12 #179 MINEHEAD AND COAST DEVEIA)PMENT TRUST ACCOUNTS FOR THE YEAR ENDED 31 IWCH 2022 Contents Statement of Financial Activities Balance Sheet Notes to the Financial Statements MINEHEAD AND COAST DEVELOPMENT TRUST DIRECTORS* REPORT The directors present their report and the financial statements for the year ended 31 Ma￿h 2022. Charity Number 1144443 Company Nurnber 7322858 Directors and Tn￿tt5 The DirectOT5 of the charitable ¢onwy (the clwity) are its t￿￿ for the purFK)se of charity law and throughout this ryrt are collectivdy referred to as TrustCeS. The Tn￿ of Minehead and Coast Deve]opment Trust who served during the period were:. RTew B H Maynard.Smith G Sizer J Whittaker Principle Office and R¢gist¢red Office Bankers CAF Bank Lt￿ 25 Kings Hill Avenue. Kings Hill. KenL ME19 4JQ Reporting AcfouDtants Arnha￿ & Sbapland LimitaL Chartered Accountants 4 lrnbam Roa￿ Minehca4 Son￿[sCt TA24 5DG Going eoD¢ern The financial statements have been prepared on a going concern basis. MINEHEAD AND COAST DEVELOPMENf TRUST DIRE￿ORs. REPORT ¢ODt'd ACHIEVEMENTS AI¥D PERFORMANCE Minchcad and Coast tkvclopment Tn￿1 (MCDD continue5 in its role to act as th¢ accounlable body for the ongoing work of Minehead Infonnation Centre Ltd (MIC). This is the first year of a ncw 4 year Scrvicc Level Agreement (SLA) with Somerset West and Taunton Council, under section 106 funding for Hinkley C Tourism Action Partnership. This year continued to present MCDT and MIC, with challenges due to the Coronavirus Pandemic although thankf￿ly. restrictions were eased througb the year to give some improved trading results welcoming visitors back. MIC continues to work in collaboration with Mineha Museum, sl)aring spaLt generously provided by the YMCA run Beach Hotel making the delivery of service ￿ssible. In Jun¢ 2021. the Tn￿CeS held its first face to face board meeting since the pandemic began. It focusscd on MCDT'S future role, direction and relevancc. Online work had been continuing via PER Consultancy to establish a working partnership with other key stakeholders to finish the 2016 Economic Plan rcfrc5h. This bxan)e The Min¢h¢ad Plan for People and Place which will be delivered in collaboration with the newly created Minehead People and Place Partnership. MCDT'S role as a founder parther, was key to facilitate therned focus groups from over 50 ¢ornmunity groups to help shape the delivery of the plan which was fmalised in September 2021. This evolution for MCDT, enabld a forn￿ agreement with SWaT for a transfer of significant fi￿dIng to deliver the outstsnding elements of the Eastern Esplanade ProjccL with the sUp￿rt of a paid Project Coordinator. A new website, www.mineheadandcoast.org.uk is suppor*d by contemporary social media plarfomis to commutiicate these exciting developments for MCDT and partners. The board welcomed Zara Aitken &8 Project Coordinator on March 14 2022 after an extensive online MCDT continues lo seeK support and devdop suitsble projects that fall within its rcmit and that of the partiKrsbip plan for the future prospcrity of thc arca and its communities. PUBLIC BENEFfT The Trustees confirni that they have complied with thc requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Con)mission for England and Wales. Approved by the Board on 22 Novcmbcr 2022 and signed on its behalfby: Grabam Sizer Director Minehead and Coast Developmgnt Tn￿t Chan No Company No 1144443 07322858 Annual accounts for the To eriod P8nDd 6ThJ date Perioj st*t daté 01104r2021 3110312022 ion A Statement of financial activities (including summary income and expenditure account) Unrestrlthd Incom• Endowment funds funds funds Prlor year fund5 Recommended c•tsgorf•s by actlvlty Tixal funds Income (Nole 3) In¢omg and •ndowm•nts frnm: OwHtknns anLI *Bades F01 F02 F03 F04 F05 SQ1 10.000 173.900 183.900 12.000 other tr8dlTrJ 8th11*9 Inveslmenls Separats mal•tsl ttem o11￿•me Other Total Expendlture (Notes 6) ex￿￿￿￿tur0 on: ity fu￿$ S07 173900 183906 1.(N)1 11.175 s8￿rat¢ moterfal S10 S11 675 675 381 Total S12 Net Incomel{expenditure) before tax for the reporting period S13 81 172,899 172,980 Tax payawe Net incomellexpenditurel after tax before investrnent galnsl(losses) Net oaknWl10$5¢51 on investments S15 81 172.899 172.980 S16 Net Incomel{expenditure) Extraordinary items Transfers between funds Other recognlsed galnslllosses): SJ7 81 172.899 172.980 S18 S19 GaSrK8 and losse5 on rev31￿110￿ of fix•J ￿ets ￿r the harws use Othero8in51Oo55esl S20 S21 Not movement in funds 81 172 899 172980 Reconcillallon of funds." Tobi *Jnd$ brwht loTh7rd Total lunds carrled forward 952 2712 175.611 3.220 176.644 1144443 [k¥e￿￿ne￿I Tru51 Company No 7322858 Section 8 Balance sheet Unr•BlrfcW Incom• Totsl thIB Totsl 1•st fund Fixed assets Intanqlbl• ass•ts Twglble assets FQ1 F04 FOS INol• 111 (Note 141 (Not• 161 (Note 171 1C Current ass•ts INol• 101 (Not• 191 (Not• 17.41 197 197 197 Cwh al In hand INr*• 241 2.937 3.134 175.611 175.611 178.548 17 .745 14.943 15.140 Crndltorn: arno￿￿ falllry duw T•lthln 201 2.201 2.201 11,576 B12 175,611 176.Y4 B13 175.611 176.644 Crndltov•: *mowts Idllnq due aft•r ont ye•r (Nots 201 Pro￿51￿￿910T Ilablllll85 815 Tol•ln•t•ssets or1th￿IllI•S Funds of Ihe Charity End¢)wm¥rtfunds (Note 271 Re&trtcted Incune fvnd&Uloie2n Unrestrfctsd fund$ Revaluatlon ￿le 175.611 176.644 175.611 175.611 2.712 1,033 .611 176.6H Con¥>anles Act zo Pmt N•m2 woval le¥ S¥n•tu l.Il-]ol CC178 (Exdl 1711112tr Section C Notes to the accounts Nots 1 Ba81• ol prnpar•tlo 1.1 ea81• ol ae¢ounilng These a¢¢ounts have been prepared underthe hBtoiir*l cosl Con￿nIKIn wlh items r•xsTrwJ ae rJJ51 or trnnsa¢b¢n value unless 01he￿ise slated in the re*¥ant nole(sl to tr￿ aco)unts. The a(uunts have been S*Ep•fEd ara¥d•rvThth." Ihe Ststernent of Rec£ffiff*n¢led PradK*." Ac0)Un￿.1￿J Re￿rtry by Chaiit pwring Il*"rxcounls in 8c(*rd8n￿ ¥wlh Ihe Fiftanual Repor*"rg Standw 8ppkal8 in the UK and R8puLlicdlrelaThJ (FRS 1021 ￿SUed on 16 Juty XJ14 . and and T*tlh" Ihe Finanual Re￿rtry Slarrtlard in the Urmted KirWJrn aryj ReputdK of I￿18￿j IFRS 10 4 and the Charili•5 2011. The a wbkberefftwI*yasdefir￿ FRS 102." 1.2 Golno conwn An eXp￿¥tim 05 fv those lad0￿ that supwrt the Candus￿ Ihstthe th8nty ￿ • goir¥J ￿nt￿M,. Omdosure olanyunttertainl￿ Ihat make the goirvJ concern as$umpth)n doub￿1." on¢wn basi$, pk¥s¢ ¢Jisdo8e Ihts fad 1ty3elher*ilh ts bosi5 on **ich Ihe tntstees prepare¢J the accounts and the reason IhE charity not regarfed as a gc¥ng wnrxm. 1J Chang• of 4c¢ounllng pollcy )le{ } Yes" IJ th•amowrfof the adJusDnenl foro•th lth•alTecl¢d 1.4 ch•nI￿ to •c¢ountlng e•tlm•t•* No tharvJestD armJnts"r¥J estsmate5 owjrred wrbrv4 pEr¥pJ P46 FRS102 SORPI. 1711112022 &)•ft•lyrn Ot￿y¢￿g#.' 1.5 M*t•rl•l prJ¢ry•¥•ff¢ No malerial areffor how l>een in tr* repthng p*¢l13.47 FRS102 SORPI. Ye5. flllj the•m¢iNJtofthe ¢on¥cUon a¢th• CC17• (ex¥ll 1711112Q72 Section C Notes to the accounts {conti Note 2 Accountlng pollcles This standard listof accountsngpolicies hps ljwn appliodby th• cthilty oycwpf forf1m￿¥ d¥otsd. IWMr• • IhTrntoraddttlon•lpolkyhas b•8n adopt￿th•￿ thls ts d•tsll•d In th• box b￿0￿. 2.1 RECONCILIATION WITH PREVIOUS GENERALLY ACCEPTED ACCOUNTING PRACTICE provide a 41ew¢ripllon of naturo of each chang? In •c¢ounllng pollcy Slart ol pedod End of porfod Fund balan¢w ￿ prn¥lou¥ly Fund b#lan¢• a• r••tsW 102 End of Net In¢om•ll•xp•ndlturel •¥ wp¥lou•fy Pr•￿Qu• pgrfod n•1 Ineom•ll•Ap•ndlturn) CC17a (Excell 1711112022 Section C Notes to the accounts (cont NDtsZ 2.1 INCOME Accounliny poliEI•• Yes. No" rwul￿9Crf FRS SORP ry FRS ?OZ t•xgthi mEt15.10 b 5.12 FR5102 SORP). Nla. T*A Ye5" 9r¥nts tha Iiiri*iL*trfIKMe l1r*thf•￿rXt￿t*￿￿ ￿lPL Yes. Yes. Yes. Nrf lh2￿U?￿1￿*gItC￿ te rwthty. Yes. he•Jino SOF Ye5. No. Ye$. No. Ni VoiuThlxrl* ¢¢17 FR5 102SORP 1711112022 Yes. NO. Nla" lathia *• Th*t(5.101) 5.12 FRSJ02 SORP) #8n inthE &JFA Yes" 14D" Nla. Yes. 140" 2.2 EXPENDITURE ANO LIABILMES *p rwnwj rrm a l* or Yes. Yes. Ntt. No. Yes" Yes" No" Ye5. No" Yes. Ye5" re[￿￿9 08* Yes" 11.19, FRSlf2 SOFIP 2.3 ASSETS Ye5" tyJth•dty Ye5" Nth" Ye5. N¥" Nl•" Yes" Nlo. CC17 FFI$ 102 SORP 17111r2022 Yes. Nla. YÈS" No. Yes. No. Nla" NIB. POLICIES ADOPTED ADOIT1014AL TO (XI DIFFERENT FR(AI THOSE ABOVE CC17 FRS 102SORP io 1711112022 Section Notes to the accounts Income 00ft4iion$ and Wl88: Llonalons and fft8 Ger*al gr* by r*anties FI￿￿￿[￿hip SL*scnpbDns and sptyocnrlps ich are in 5ubstanc* ¢Jonatro Pro*son of¥I5fthJrknfwrnaO￿ SW¥iLX in Minehead 100C Mlnehead Es nade Enhanc•￿ Tol 10.C#XS 173.9 Oth•rts•dlng Tot•1 InGOnt•from Interest income Di¥idend incorne Rentsi and le other S•paral• matsrfal ltsm ol Incom• Gain on ola t¥¥ii* 8s8el hekl for c*a G*n on dispDsal of* progrnmme ￿ted Inveslment ROya￿S froTn the ofirtekdu•l ro Totsl TOTAL INCOME 183W6 Othtrlnlormatson.. po￿n0 ￿0d, Ple￿ gl¥ethe rEixn lov1h•U￿￿￿10fi. been Inc4¢rtled In Incom?. on *ffi*hlhu lum5 ha¥ebeon Irrto*rflry iortM¢iVfellty In wNEh th•accountsarndr¥*Tr CC174{Ex41 11 17111fd022 Section C Notes to the accounts (conti Note 4 Analysls of Mceipts ol government grants Th18 >*ar Last y￿r Gov•mment grnnl 1 Govemment grant 2 Government grant 3 Other Total Please pnJvid• d•faits of any unluifilledwiditions and other confyngencles affachlng to gwts gov8rnnjentass1st￿eO from whleh the charity Iws dlrn¢ty benefited CC17a IExol} 12 1711112022 Section C Notes to the accounts Itontl Nots5 Donat•d goods. facilities and ser¥ic85 Thos ye Last year S•conded stsff U$e of propgrty Other Pl•a5• P￿￿d• d•tails of th• accounting policy for the recognition •nd v*lu•tion of donated good$. facilities and seThico5. PleaBe prnvlde dotslls of any unfulfilled conditlons and other ¢onting•ncies attaching to rnsourcg from donaled g¢)ods and servlcos not racagnls•d In Incom•. Please glw d•tai18 of olh•r forn￿ ol other donated goods and services not vecognised in the accounts. eg contr11￿tion of unpaid voluntBeTr. CC174 (Exthl 13 17111r2022 Section C Notes to the accounts Icontl Note 6 Expenditurn RwlTIGt•d Unre•lrfcW Endowmert lund• fund• Totsl lunth Prlory•ar Analysls of expendlture Expendlture on raising funds: Incurred seeking donalions Incurred seekj.ng legacies Incurred seeking grants Operab"ng membetship schemes and social lotteries Staging fundraising events Fundraising agents Operating charity shops Operating a trading company undertaking non-charitable trading activity Adverts'sing, marketing. direct mail and ublici stsrt up costs incurred in generating new source of future income Database development costs Other trading athitses Investment managernent Costs: Portfolio mana ernent costs Cost of obtaining investment athiice Investment adrninistrat￿n costs Intellectual Fyoperty liwicing costs Rent collection. pmperty repairs and maintenance charges Tolal expenditure on ra151ng fvnds Expenditure on charltable activities Grnnl to Mln•h•ad Informallon C•ntr• Ltd 9.250 11.175 Mln•h•ad Esplanade Enh•nc•m•nl ordin•tw¥ ¢o•ts 1.001 1.001 Total expendliure on charltsble actlvltles 9.250 1,001 11.175 Separate materlal item of expense Lo•n rnp#ymoffit to G S12•Y Total CC17a (Excell 14 17111r2022 Other Govemance 675 675 381 Total other expendlture 675 675 381 TOTAL EXPENDITURE 9,925 1,LX11 10,926 11,556 Other information: Analy51s of expendllure on charilable actlvltles Grarrt fvnding Activity or programm8 Support Tptsl this Totsl Activlll•s und•rtak•n dir•£ty activitie5 Other Totsl Prlor year expendfture on chaiilable acti¥rti an be analysed ats follows: Wlthln tho expenditure Iterns obov• th• foll¢)wing Items are matsrfal: (please dI￿10$e the nature. arnount and any prior year amounts) Where sums originally denomlnaled in foreign currency have been Included In expendlture, explain the basig on which those sums h been translated Into stsrlSng (or the currwcy In whiGh the accounts are drdwn up). CC17a (Excel) 15 17111r21y22 Section C Notes to the account5 Icontl Nots7 EX1rao￿lnary items Thls year Last year l)escription Extraordlnary Item 1 Extrnonllnary Item 2 Exlrdordlnary ltsm 3 Extr•onllnary Ilern 4 Total •xhordlnary Il•rns CC17a (E￿1) 16 17111r2022 Seclson C Notès to thè atcounts Note 8 Funds r•celv•d as aynt 8.1 Pl•as• complete this note rfthe charity I￿S aw•ed to administeTlhe fi•Hts of another•ntityw its agenL Alote.. Ifa ehaiity i¥ aceingas an agw¢ Ktshould not recowttse Ihe inconw in 5t0t•m9￿ gIFhwJrlalAthIUts tyr lh• Balan¢• Sh•eL id out 8•lance held at ￿TIod end DexrlpthnhMm• of party R•lal*d party (Y•s orNo ye•r Last year Th18 y•ar Lasty•ar Thlg year Last y•ar Totsl 8.2 Whern a Consortia or $lmllar arrangemenl exists ¢wrnte to achieve economies In lh• Balanc• hgld at Thls year riod end Last year Total CC178 (E￿1) 17 1711112022 Section C Notes to the accounts Note 9 Support Costs Please ¢ompl•te th1$ note if the charity has anatysed its expenw using acbvity categories and has support Costs. Basls of allocatlon osc method) Raising fund5 Acli¥ity 1 Acti¥ity 3 Grnnd total Support cost exam Other Total Please provlde details of the accounting policy adopted for the apportionment of costs bet*pen activities and any estlmotion technlques used to calculate tlmlrapportlonmert CC17a (Excel) 18 1711112022 Section C Notes to the accounts Note 10 Details of cerlain types of expenditu Note 10.1 Fewd for exarnination of the accounts Please provide details of the amount paid for any statutory extemal scrutsny of accounts and other servlces provlded byyour indepeftdent examlner. ff nothlng was paldplease enter il'in the appmpn.ate box(es). Thls year Last year Independent examln•r's ff￿$ 100.00 Assurance servlces other than Independ•nt examination Tax advlsory fees Olher fees (for example: financlal advlce. consultancy. accountancy sorvices) paid to the independent examiner CC17a (Excel) 19 17111r2022 SettiOD C Notes tbe aCCCunts ltt•mploye• 11.1 Staff Ca ÉIQ.QDQto£O9. EIO.OOOto£79,89• Eg0,COIOto£•9,8•• tr￿t•￿ •nd Ipr Thlb y••r Iymw pwrfl FuTr¢v•tslny Ta 1IAR•duffld•fitypAyrnw T•t•l •ThJyrt0fp￿VI1rt CC17alÉKdl 1711112022 Section C Notes to the accounts Iconti Note 12 Oefined contribution ponsion 8chom• or d¢fin¢d b¢n¢fit •cheme accounted for as a d•fin•d eontribution scheme. the SOFA a8 an expomo pl￿5￿ •xplain th• basls for alloc•ling tho liablllty and expense of defined contrfbullon p•nslon scheme b•twe•n actlvltles and botwn restrlct•d and unrn8trlct•d funds. Plea$• ¢onfimi thal although the schome Is accounled for as a dofin•d ¢oTrtrfbutlon plan. it 1$ * defin•d b•n•fit plan. Please provldo such Infombatiofi •* is available aboul the 9Jan'$ surplus or d•ficit and thg implocalons, If any. for the v•portlng charlty 123 Please conwlele Ihls Section wh•rn the ¢lMrttywrticiiiaies In a mul&emkndeIlnedber￿fft penslon plan Ilmtls accounl•dforas a dpfined contributton plan. Doscrfbe the extent to whlch the chavlty cbn be liable to th• plan for othor •ntilie5' obligalon$ under th? tern and condltl¢>ns olthe m￿11￿¢Mpl0yer plan Explain how any Ilablllty arlslng from an agreement with a rnultl4mplo￿r plan to fund a d•fi¢lt has IA• detsrniin•d. CC17• IEx(*l) 21 17111r2022 Section C Notes to the accounts Iconti Note 13 Grantmaking 13.1 Analysis of grnnts paid (included in cost of c•￿Titabl0 athitlts) Grnnts tr* Grnnts to Institytlon5 Indlvlduals Analysls Support Costs Totsl Minehe•J Information Centre Ltd Totrl 9.250 13.2 Grnnts mado to InstlbJllon8 talts of ch•iity URL. charitys web site. Nam•s of Inslftutlon PuryK Pmwsion of ¥isrtor inforniation servus T•)lal am4wnt of rnnts id£ 9,250 Minehead Information Centre Ll*Y Totslgrants to Inslituti¢w in rnporung perfod Otheruiianafysedgrants 9,250 TOTAL GRAPITS PAID CC17a {Excell 1711112022 Section C Notes to the accounts (cont Note 14 Tangible fixed assets Please ¢omple(e this note rf the charfty has any tanglble fixed assets 14.1 Cost or valualion Freehold land & buildings Other land & buikling8 Pl•n( m•¢hinory •nd motor vehlcles Flxtures. frtlings and equlpment Tolal At the beginning of the year Additions 480 Revaluations Disposals Transfers . At end of the year 480 14.2 Ihpreciation and Impalrnients -8asis SLorRB SL SLorRB SLorRB straight Line ("SL") or Reducing Balance {"RB") 25% At beginning of the year Disposals 480 Depreciation Impairment Transfers" At end of the year 14.3 Net book value Net book value at the beginning of the year Net book value at the end of the year CC17a (Excel) 23 17111r2022 14.4 Impalrni•nt Please provide a description of the events and clrGUn￿tanC¢s that lod to the reGognition or reversal of an impaimwnt los& 14.5 Rovaluatlon Man accounting policy of rnvaluatlon Is aiknpted. lease the effective date of the revaluatsn rovide." the name of independent valuer. rf•pplicable the methods applied and significant assumptlons the carrying amount that would have been recognised had the assets been earried undv the cost n￿de1. 14.6 Other disclosures (i) Please state the amount of bormwing costs. rfanyl'capitalisedin the ¢onstru¢tion of tary'ble xed assets and the capltallsatlon r•te us•¢L (li) Plcase provldc the amount of contractual commitments for the acquisit￿n ol tan￿ble Ixed assets. (iii) Details of the existence and can￿ng amounts of pmperty. plant and equipment to which the charity has restncted tlue or tha¢ are pledged as security for liabilitie& The ?ran fetr" mw formovomont= botwoon fixod osset categ￿leS. . Ploa￿￿O indicato the method of depreciatK)n by dolcting tllo mothod not CC17a (EX￿1) 24 17111r2022 Section Note5 to the account5 Note 15 Intangible assets 10.1 Co•1 or valuakn T•tsl At beginnin9 olth¢ year Addth"ons Di5po8als Revaluations Tran5tsr5" At end ofthe 1*8r 15.2 Amorti8allon •nO Impalrnxnts ethod of aM0￿¥all0￿ SLtyRB SLc*R8 SLuR8 SLorRB strw.ght ts.ne 'SL"l or Reduong Balance RB") At beginning of th• year Dispos41$ lrnpainnent Translers" At*ndoly 1&3 N•t b(¥ok ¥alu• Nat book val￿ at the bpginnin9 ofthe year Net trjok value at the end ofthe year 15.4 Accounllng pollcy Reasons Iwcl￿O51n9 Pollel•s forlho rncognitlon ofaTry 15.$ knp•lmi•nl clrcumstanc•s that l•¢lto th• rneognlJoft ot CC170 ￿x￿1> 17111r2022 15.6 Revalu•llon 16.7 Other dl•¢losu (l) Myourln• as¥et was acwlrvdbyway of 9rart pmvld• valu• on lftltt•l rneognlllon and (11) D•talls of th• canyln9 amounts of any tarybl• ass•ts to whkh th• I eommlthJ•nts forlho of lftl {vJ Pl•as• del•ll Ihe hmthgs lft th• SOFA In whkh a Cfia￿ foramortlsa¢kni ofthtsngth ss•ts ts Includ4d. (vg Foranym•t•rfallrt•nglbl• assrt pl••s• pnJvld• a descnTptton. its carryln9 amountand ' The 7rnnsf*rs"ft)wis formovernnts behwn hed &%setcategc¥7es. ' Please irthale ffte mellKxI by d8lethJ the me1hc￿n￿apptsGebfe (SL= stra Jtrne.. RB= reducirrtJ balance). Also pleose indKote the 1819 of depwatw." tsstrnwhl lir￿, ¥*)atis the 4ntspa18dlife of Ihe assel (in yeaw.. fofrediw balanc8. **atis thg pe￿￿nI99¢ 8tTrnu81 cc17a1E￿Ll 17111r2022 Se¢tion C Notes to the accounts Nots 16 16.1 G•n•MI ¢lMth I￿1th9 111 E¥P￿1￿1h• •MI q¢•l• ¢1 1111 EApl•ln th• pollcyforth• •¢qu18It*on. 16.2eoJtort•alu*l Tolal Al t4ghwlngoflh•J Atend olltr* yèar 16.3 ￿P￿d￿lI0￿•￿ SLUR8 R8 SLorRB SLLWR Lin? rsL-lor Reduring B¥anr* At b8giwity dtr*J Trnnsfers. andrlj 18.4 Ilet tMIi* 14ot be<* Wal￿ 16.6 CC17•lEK(41 I71111￿?2 Tot•1 GruupA c￿lf$ 8WJrto1 ts ond ofF•AYJ 111 Expl•ln lh• Twhy hevttsue Ihe ballnceshttt 111) th• Blgnfftc•rt• IIWI 018¢1•8• tIW 18 hO1￿ul 1ft¥#￿1￿ thbwlw •1 1711 Ir2022 (lil Nam? or Ind•pondent valuer, 11 •ppIl￿bIO. and r•levant qualNl¢•llons 1111} Provlde do1•118 of ¥ny Tr¥trl¢Uons ¢n th¢ abllfjty to rnall8• In¥•8lm•nt property or on th• rnmittanc? of Incom? or dlBw•al PTw¢gd6 Ilv) Explaln #ny ¢•ntr•¢tual obl19a￿a￿ forthe pUrch￿e. construction ordevelopment of Inv8stm•nl prop•rty orfor rnpalvs. malnt•nanc• or enhancements 17.4 Please pvovide a bmakdown of ctsrrent asset in*stments. If appllc•We. •gr•tlng wlth the balaDGe sh¢gL Analysis of cuvrenl asset Investments Thby Cash or ca8h wulval•nts Llsted Investments In¥e8lmert propertl•8 Soclal In¥e8lments Other In¥e8lme Total 17.S Guarantees Pleue provtde detsll8 and amount guarnnts• mad• to oi on b•ha5t ofa thlftl party N•rne of Ihe entity or entNie• benefftilng fvoffl those guarnnt••8 pl￿•¢ Qxploln how lh• guaThntse lurfh•rn th• Gharfty6 alrns 17.6 Conc•sslonary loang ThSs ￿*r L•st yoar É Amount of ¢oncK810174ry loans rnade Illulwe InfonMUoo). ThIB y• Last Y￿r£ Amount of co￿e•S1Onary loans rne•lwd 17Wfypl• 1gnificantlnfomMkn T•nn$ and ¢ondlll¢m •g rnt#, ••ryrfty provld•d G174 IExrdl 17111r2022 Valu? ol any Gonc￿10nary loanB T*hkh ba¥e b¢•n ¢ommllled but not tak•n up * th• i•pwllng date Amounts p•yabl• wlthln 1 yur Amo¥Jnts payabl• •ft•rffjore than 1 yur Amounts Th¢elvabl• r•lthln 1 yur Amounts rne•Trvabl• al*r M¢xv th•n 1 yv 17.7 Additional inlomiation Pl•• provlde Inforniatlon aboutlh• •lgnlft¢•ne• of inw8trn•nts to the financlal posl¥on or pfrrforniance eg. t•rnM and condltlorA of ￿an5 or th? use of h•dglno to m•n•ge financial NONE Forall In￿lMents& ftKasuf•d #t lthlr v•lu¢. the b*lB for determlnlng the value, Includlng any a88umpWons •pplled ¥th•n w8lng • v•lu•ti technlque. NONE Wh•rn a ¢h¥flty or Its 8vbsld14ry IWJ prvvkled financial a88ets a fomi of 6eGurlty, the carrylng amounl of the flnanelal assot plgdged ￿ ryfjcuiity and th¢ ternis and condkUonB r•la11ng to Its plgdg•. NONE cc1781￿D 31 17111r2022 Section C Notes to the accounts Note 18 Stocks Please complete this note M the charity holds any stock Items 18.1 Please stsle the carrylng amount of slock and work in progress anatysed between actlvltles. Stock Donated goods Work in progress For For resale For For rnsalo Charitable actlvftl•s: Openlng Added In perfod Expensedln perlod Impalred Other Iradlng actlvllles: Openlng Added In perlod Expensed In perlod Imp8lred Other: OpMing Add•d In perlod Expens•d in perlod Impairnd Closlng Total th18 year Total previous year 18.2 Please speclfy the carrylng amount of any stocks pledged as stturity for Ilabilities CC17a (Excdl 1711112022 Section C Notes to the accounts Icontl Nole 19 Debtors and prepayments Please complete this note rfth• charity has any debtors orpr•payments. 19.1 Analysls of debtors This year Last year Trade debtors 197 197 Prepayments and accrued Income other debtors Total 197 197 Complete 19.2 whern a maten7al dobtor Is recoverable more than a year after the reportlng dth. 19.2 Disclosure of debtors recoverable in more than 1 year (included in deblors above) This year Last year Trada debtors Prnpayments and accrued income Other debtors Total CC17a (ExGell 1711112022 Section C Notes to the a¢¢ounts Icontl Note 20 Creditorn and a¢cruals 20.1 ATbalysls of uedl Amounts falllng duD wlthln year Amounts falllng du• aft•r morn than om year Th1$ year Last yoar This y•ar L￿¢ year Accruals for grnnts payab 8•nk loans and obwdrnlb Trad• ¢4•di¢ors p8rf0rn?•nu-Y•latod grnnts A¢¢nAls and deferred income Taxatlon and socl•l s•curfty , other ¢redito 11,175 1.101 2,201 401 11.576 Total 20.2 Def•rred Income Th18 year Last y￿r Balance at the stsrt of the reporting I￿10d Amounts •dded In ¢uvv•nt p•rlod Amounts r•lea8•d to in¢ome PrnWOLO pwl•)ds 8•lanc• at the end ol the rnportlng period CC174 IExttl) 17111r2022 Section C Notes to the accounts {contl Note 21 Provisions for liabiliti•s and charg•s You should complete this note rfyou have included in the charlty expenditure anyprovlslons. A prnvision is made when the charity has a liability of uncertain tlmlng oramourt 21.1 Please provide: - a brief description of any obligations on the balance sheel and the expected amount and timing of rnsulting payments; - an indication of the unGertainties aboul th• amount or timing of those ouffiows; and - the amount of any expected r•lmbursement, stating the amount of any asset thal has been re¢ognised for that expected reimburseme 21.2 Movernents In rncogni3ed provlslons and funding commltrnenl durlng the period This year Last year Balance at the start of the reporting period Amounts added in current period Amounts charged agalnst the provlslon In the currnnt period Unused amounts reversed during the period 8alance at the end ol the reportlng priod 21.3 For any lundlng commitinenl that Is not recogni3ed as a liability or provlslon• provlde detalls of cornmitment made. the time frame of that commilmen( any perfornianGe*related condllions and details of how the commitment will be funded (with contracts for capltal oxpanditur• separalejy identified).. 21.4 Whgro unrnstricted funds have been designated to a fund comrnltmenl please dlsclosè the nature of any amounts designated and the likely timing of that expenditurn. CC17a {Ex¢el) 35 17111f2022 Section C Notes to the accounts Icontl Not• 22 Other di8closurns for debtor8. creditors and other basic financial Instruments 22.1 Please provlde infomiallon about the significance of financial instruments leg. debtors, creditors, invesknonts etc) to th• charlty'8 flnan¢ial posltion or performance. for example, the temis and conditions of loans or the use of hedging to manag• financial rfsk. 22.2 If the charity has provided financial assets as a forrn of security, the carrying amount of the financial assets pledged as security and the temis and conditlons relaled to its pledge should be glven here. CC17a (Excell 17111r2022 Section C Notes to the accounts Icontl Note 23 Contingent liabilltl•s and ¢onllng•nt assets 23.1 Conllngent liabilities Where the charlty has contingent liabilities. please Cornplete the followlng sectlon unless the posslbillty of thelr exlstence is remote. Descrlpllon of ltsm including its legal natum. Please des¢rtbe any securlty pvovlded In connection to the Ilabll Esllm•te of Ilnanclal offoct 23.2 Contingent assets Where Ihe charity has contlng•nt assets. pl•as• ¢ompl•ts the followlng section whon thelr existence is probable Descriptian of item Estimat• of financial eff•¢t 23.3 Other dls¢losures for contingent assets andlor liabililies Pl•a$• provlde the followlng Infomiation whern practicable: Explain any uncertalnties relating to the amount or tlmlng of settlement; and tho po85ibility of any reimbursement Where it is not practical to make one or more of these disclosures, please stats this fact CC17a (Exc4) 37 1711112022 Section C Notes to the accounts Icontl Note 24 Cash al bank and in hand This year Lasl year Short temi cash inveslments (less than 3 months m•lurity dats) Short temi deposits Cash at bank and on hand oth•r Total 178,548 14,943 178,548 CC17a (Excel) 17111r2022 Section C Notes to the accounts (contl Note 25 Falr value of assets and Ilabllllles 25.1 Pleaso provide details of th• charitys •xposur• to credit risk (the risk of incurring a loss due to a debtor not paylng what Is owed) , Ilquldlty rlsk lthe rlsk of not belng able to meet short lerm financial demands) and fflarket risk (the rlsk that the value of an Investment wlll fall due to changes in the market) arlslng from Ilnanclal Instruments to whlch the ¢harlty 1$ 0Xp￿¢d at th¢ Qnd of Ihe reportlng perlod and explaln how lh¢ charlty man•gM thos¢ r*k8. 25.2 Please give detailg of the amount of change In the falr value of baslc flnanclal Instrnments Idebtorn, ¢redltors, investments (see Sectlon 11, FRS102 SORP)) measur•d •t falr value through tho SOFA thal18 ottslbutable to change5 in credit ri•k. CC17a (Excell 39 17111r2022 Section C Notes to the accounts Iconl Nole 26 Events after the end of the reporting period Please complete thls note wh•r¢ events (not requiring a¢ustment to the accounts) hav• occurred after the end of the repo￿ng pwiodbut before the accounts are authorised which Please provlde details of the nalure of the èvent Provldo an estimate of the financial effecl of the event or a statement that 8￿ch an Mtlmat• cannot be made CC17a (Excel) 1711112022 Section C Notes tts Ihp. accou*ts Nots 27 Charf lund 27.1 tl•tsll• of material fundi how and duriry CUIIREIIT pwiod Fund ba1￿Ce ¢*th• for￿T￿ Typ•pE. EE RorUR' •Nd Fund n4m¥s H05 Tv 953 An Festival nthstrféh Unrestn(18d In¢thm* Fund InthÈad E¥￿￿ade EnhancemBnt 173. T•141 Fur•J•4• Pwbtl 183, {10.9261 176.644 Ye¢ ce17alE￿I 17111r2022 Section C Ntttes ID the aCCDuntq 14ot• 27 Cha nd• 37.2 DDtsll• ol matyTl•lfvhd8 hald •hd rfio¥•m•th dtsrihq tho PREbryWS M￿lT￿j pwlod fund Fund EÈ RorUR' G*rf and Inv4rd Fund Nrn tstt Hos FestvAI 1.759 Unre#dct& Ir4corne Fu 12.rx•J 952 l?.L {11.￿) Y•¢ CC17a (EArdl 17M1r Section C Notes to the accounts Iconti Note 27 Charity funds (cont) 27.3 Transfers between funds Reason for transfer and where endowment Is converted to Income. legal power for its conversion Amount Befvleen unrestricted and restricted funds Betsveen endowment and restricted funds Belween endowment and unrestricted funds 27.4 Desl nated funds Planned use Purpose of the designation Amount CC17a {Excell 17111r2022 Section C Notes io ihe accounts Icontl Note 28 Transactions with trustees and related partles 28.1 Trus1•¢ rnmun•rntJon and bvn•ffts TRUE Twlth th•lr Ghorfty or• Jrlot•d onllty ITTr￿ or Fals•l thewlod lh• charftyh•Jpold trus¢eesr•nuner•kn a￿dI￿nefits. Please tyve the anN>untof. •ndleplauthonty for, any Amourts p•ld ot b•n•fftt trflu• LaBt >wr L•gal aulhDrlty l•g ord•r, go¥•mlng R•dund•n {Ineludlng TOTAL Narn• ottnAts# •mowit ollh• f•lmbuts•rnwJt 28.2 T￿￿￿•￿. expenR No tnth •xp•ns85 b••n Inojrrnd trnm or Fal¥•l Thby L•#t >wr Trn¥o1 Sub5LSt8￿e A¢commodatlon 0thgr1p1•￿ sF•GIfyI: TOTAL CC178 (E￿1) 1711112022 PleMe provld• th• numbDroftnMtWs relrnburned for 20.3 Trnnsxtlonls) T￿ rnlat•d pmvld8d. TrUE Nwmg of th• tr￿tse or rnlatod party R￿￿0￿¥hIp to charlty D•Krfpllon of t Balanca at P￿lIs1On Iw b•# d•bts at ¥wlod •nd wrfften off durfng rnportln rtod ternis 8ftdwidili¢¥ns. Induéing•ny s•curltyaRdth• For•ny relaiedF•lty. p1r￿proVId• olwy CC17a IEw4ti 17111R02Z Section C Notes to the accounts (conti Note 29 Additional Disclosures The following are signlflcant matters whlch are not covered in other notes and need to be included to provide a proper understanding of the accounts. If there Is Insufflclenl room here, please add a separate sheeL CC17a (Exc*l) 17111f2022