Charity No. 1144840
Theo
ens
aces Soclet
|
Page |
| Report of the Trustees |
1−7 |
| Report of the Independent Examiner |
8 |
| Statement of Financial Activities |
9 |
| Balance Sheet |
10 |
| Notes to the Financial Statements |
11−16 |
| Registered Company Number: |
07846516 |
|
| Principal and Registered Office: |
25A Bell Street, Henley−on−Thames, RG9 2BA |
|
| Independent Examiner: |
Nicholas M Smith, ACA, CTA |
|
|
Villars Hayward LLP, |
|
|
Boston House, Henley−on−Thames, RG9 1DY |
|
| Bankers: |
Barclays Bank plc |
|
|
Mid−Thames Group, PO Box 1, Henley−on−Thames, RG9 2AX |
|
| Solicitors: |
Richard Buxton |
Mercers |
|
Office A, Dales Brewery, Gwydir Street |
50 New Street |
|
Cambridge |
Henley−on−Thames |
|
CB1 2U |
RG9 2BX |
| Surveyors: |
Severage Greaves Limited |
|
|
9 St Mary's Street |
|
|
Wallingford |
|
|
OX10 OEL |
|
|
|
Unrestricted |
Restricted |
Endowment |
Total |
Total |
|
|
funds |
funds |
funds |
funds |
funds |
|
Note |
|
|
|
2021 |
2020 |
|
|
E |
E |
E |
E |
E |
| Income and endowments from: |
|
|
|
|
|
|
| Donations (inc. Gift Aid) and legacies |
2 |
283,472 |
|
|
283,472 |
220,343 |
| Charitable activities |
|
|
|
|
|
|
| Subscriptions |
|
79,114 |
|
|
79,114 |
76,234 |
| Appeals |
3 |
15,888 |
|
|
15,888 |
15,195 |
| Other trading activities |
|
|
|
|
|
|
| Sale o f publications, Trusts, Royalties etc. |
4 |
13,043 |
− |
|
13,043 |
6,151 |
| Investments |
5 |
26,323 |
26,163 |
1,243 |
53,729 |
50,243 |
| Other income |
6 |
|
|
|
|
8 |
| Total |
|
417,840 |
26,163 |
1,243 |
445,246 |
368,174 |
| Expenditure on: |
|
|
|
|
|
|
| Raising funds |
|
|
|
|
|
|
| Other publications costs |
|
254 |
|
|
254 |
95 |
| Charitable activities |
|
|
|
|
|
|
| Staff salaries |
7 |
191,308 |
30,551 |
|
221,859 |
214,153 |
| Premises costs |
8 |
15,834 |
|
|
15,834 |
18,898 |
| Administration costs |
9 |
30,128 |
|
|
30,128 |
29,383 |
| Local correspondents |
|
127 |
|
|
127 |
160 |
| Open Space and website |
|
14,774 |
|
|
14,774 |
13,379 |
| Other costs |
10 |
124,973 |
36,335 |
|
161,308 |
181,221 |
| Governance costs |
11 |
7,834 |
|
|
7,834 |
7,405 |
| Total |
|
385,232 |
66,886 |
|
452,118 |
464,694 |
| Gain/(Loss) on investment assets |
12 |
41,108 |
64,922 |
3,085 |
109,115 |
(171,204) |
| Net income / (expenditure) |
|
73,716 |
24,199 |
4,328 |
102,243 |
(267,724) |
| Transfers between funds |
|
27,405 |
(26,162) |
(1,243) |
|
|
|
|
101,121 |
(1,963) |
3,085 |
102,243 |
(267,724) |
| Reconciliation of funds: |
|
|
|
|
|
|
| Total funds brought forward |
|
1,368,451 |
344,159 |
23,060 |
1,735,670 |
2,003,394 |
| Total funds carried forward |
13 |
1,469,572 |
342,196 |
26,145 |
1,837,913 |
1,735,670 |
|
fReRister |
ed Company Number: 0784651 |
61 |
|
|
|
Balance Sheet |
|
|
|
|
asat 31 December 2021 |
|
|
|
Note |
|
31.12−21 |
31.12.20 |
| Fixed Assets: |
|
|
|
|
| Tangible fixed assets |
14 |
|
5,514 |
7,069 |
| Investments |
15 |
|
924.711 |
815,596 |
| Total fixed assets |
|
|
930,225 |
822,565 |
| Current Asset= |
|
|
|
|
| Debtors |
16 |
|
103,347 |
1,992 |
| Fixed and short term deposits |
27 |
|
800,092 |
920,446 |
| Cash at bank and in hand |
|
|
49,871 |
23,541 |
|
|
|
−−−• |
|
| Total current assets |
|
|
953,310 |
945,979 |
| Liabilities: |
|
|
|
|
| Creditors: amounts falling due |
|
|
|
|
| within one year |
18 |
|
(45,622) |
(32,974) |
| Net aurent assetsfiliabilities) |
|
|
907,688 |
913,005 |
| Total net assets |
|
|
1,837,913 |
1,735,670 |
| The funds of the charity: |
|
|
|
|
| Endowment funds: |
|
|
|
|
| Burton fund |
|
|
26,145 |
23,060 |
| Restricted funds: |
|
|
|
|
| Creech Jones fund |
|
|
45,847 |
40,437 |
| Candy fund |
|
|
296,349 |
303,722 |
| Unrestricted funds: |
|
|
|
|
| Generalfund |
|
|
(910) |
205,604 |
| Strategic reserve fund |
|
|
1,035,482 |
727,847 |
| Applicationsreservefund |
|
|
435,000 |
435,000 |
| Total charity funds |
|
|
1,837,913 |
1,735,670 |
Buxton fund −The income from this fund is transferred to the Society'
|
s General fund. |
|
| DONATIONS (INC. GIFT AID) AND LEGACIES |
31.12.21 |
31.12.20 |
|
E |
E |
| Donations |
115,386 |
9,530 |
| Legacies |
148,716 |
192,588 |
| Gift Aid |
19,370 |
18,225 |
|
283,472 |
220,343 |
| Appeal |
Donations |
Gift Aid |
Total |
|
E |
E |
£ |
| Legal Fund for defending commons, green spaces and paths |
445 |
104 |
549 |
| Saving Lockdown Spaces |
4,661 |
460 |
5,121 |
| Lord Greaves Memorial Fund |
425 |
74 |
499 |
| Grant a Green Appeal |
10,357 |
1,987 |
12,344 |
|
15,888 |
2,624 |
18,512 |
| INCOME FROM OTHER TRADING ACTIVITIES |
|
31.12.21 |
31.12.20 |
|
|
|
E |
| Sales of publications |
|
1,055 |
1,455 |
| Special projects and training |
|
700 |
|
| Refund of legal costs |
|
7,500 |
|
| Trusts, royalties, commission etc. |
|
3,788 |
4,696 |
|
|
13,043 |
6,151 |
| INVESTMENT INCOME |
31.12.21 |
31.12.20 |
|
f |
£ |
| Listed investments |
43,972 |
39,812 |
| Cash investments |
9,757 |
10,431 |
|
53,729 |
50,243 |
| OTHER INCOME |
31.12.21 |
31.12.20 |
|
f |
f |
| Other income |
|
8 |
| Other income comprises sundry receipts unrelated to the operations of the charity. |
|
|
| STAFF SALARIES |
31.12.21 |
31.12.20 |
|
E |
£ |
| Gross salaries |
198,344 |
184,980 |
| Temporary staff salaries |
− |
1,840 |
| Employer's National Insurance contributions |
14,847 |
12,199 |
| Employer pension contributions |
8,136 |
7,928 |
| Recruitment costs |
532 |
7,206 |
|
221,859 |
214,153 |
| 8 |
PREMISES COSTS |
31.12.21 |
31.12.20 |
|
|
£ |
f |
|
Rent |
7,800 |
7,800 |
|
Light and heat |
1,924 |
1,268 |
|
Other |
145 |
628 |
|
Cleaning |
1,276 |
1,481 |
|
Repairs and maintenance |
2,974 |
6,023 |
|
Insurance |
717 |
694 |
|
Rates and water |
920 |
902 |
|
Consumables |
78 |
102 |
|
|
15,834 |
18,898 |
| 9 |
ADMINISTRATION COSTS |
31.12.21 |
31.12.20 |
|
|
£ |
£ |
|
Postage, telephone and stationery |
7,027 |
8,241 |
|
IT costs |
8,356 |
9,165 |
|
Travel and subsistence |
1,211 |
1,985 |
|
Printing and photocopying |
5,071 |
3,690 |
|
Costs of appeals for funding |
− |
2,097 |
|
Depreciation of computer equipment |
2,584 |
1,909 |
|
Other expenses |
4,787 |
1,205 |
|
Professional indemnity insurance |
1,092 |
1,091 |
|
|
30,128 |
29,383 |
|
|
|
|
|
|
| 10 |
OTHER COSTS |
|
|
31.12.21 |
31.12.20 |
|
Marketing |
|
|
32,974 |
35,608 |
|
Legal Costs |
|
|
81,736 |
61,443 |
|
Subscriptions |
|
|
9,264 |
10,822 |
|
Conferences and training |
|
|
|
528 |
|
Donations and Grants |
|
|
3,700 |
|
|
Legacy mailing to the Law Society |
|
|
1,290 |
800 |
|
Books and maps |
|
|
59 |
16 |
|
Commons Registration Project |
|
|
32,285 |
72,004 |
|
|
|
|
161,308 |
181,221 |
| 11 |
GOVERNANCE COSTS |
|
|
31.12.21 |
31.12.20 |
|
Independent examiner's fees (including taxation services) |
|
|
6,188 |
5,634 |
|
AGM and trustees |
|
|
1,032 |
918 |
|
Other professional fees |
|
|
614 |
853 |
|
|
|
|
7,834 |
7,405 |
| 12 |
GAINS/(LOSSES) ON INVESTMENT ASSETS |
|
|
|
|
|
Unrealised gain/(loss) on revaluation of investments |
|
|
109,115 |
(171,204) |
| 13 |
ANALYSIS OF FUNDS |
Opening |
Net income/ |
|
Closing |
|
|
balance |
(expenditure) |
Transfers |
balance |
|
|
£ |
£ |
£ |
£ |
|
Unrestricted funds |
|
|
|
|
|
General fund |
205,604 |
73,716 |
(280,230) |
(910) |
|
Strategic reserve fund |
727,847 |
− |
307,635 |
1,035,482 |
|
Applications reserve fund |
435,000 |
|
|
435,000 |
|
Restricted funds |
|
|
|
|
|
Creech Jones fund |
40,437 |
7,590 |
(2,180) |
45,847 |
|
Candy fund |
303,722 |
16,609 |
(23,982) |
296,349 |
|
Endowment funds |
|
|
|
|
|
Buxton fund |
23,060 |
4,328 |
(1,243) |
26,145 |
|
|
1,735,670 |
102,243 |
|
1,837,913 |
| 14 |
TANGIBLE FIXED ASSETS |
Office |
Computer |
|
|
|
equipment |
equipment |
Total |
|
|
E |
E |
E |
|
Cost |
|
|
|
|
A t 1 January 2021 |
10,871 |
43,564 |
54,435 |
|
Additions |
− |
1,030 |
1,030 |
|
Disposals |
|
− |
− |
|
At 31 December 2021 |
10,871 |
44,594 |
55,465 |
|
Depreciation |
|
|
|
|
A t 1 January 2021 |
9,976 |
37,390 |
47,366 |
|
Charge for the year |
296 |
2,289 |
2,585 |
|
Disposals |
|
|
|
|
At 31 December 2021 |
10,272 |
39,679 |
49,951 |
|
Net book value a t 31 December 2021 |
599 |
4,915 |
5,514 |
|
Net book value a t 31 December 2020 |
895 |
6,174 |
7,069 |
| 15 |
INVESTMENTS |
|
2021 |
2020 |
|
|
|
E |
E |
|
AT MARKET VALUE 1 JANUARY |
|
815,596 |
986,800 |
|
Net investment gains/(losses) |
|
109,115 |
(171,204) |
|
AT MARKET VALUE 31 DECEMBER |
|
924,711 |
815,596 |
| 16 |
DEBTORS |
2021 |
2020 |
|
|
E |
E |
|
Accrued income |
102,356 |
1,001 |
|
Professional indemnity insurance prepaid |
991 |
991 |
|
|
103,347 |
1,992 |
|
|
|
|
| 17 |
FIXED AND SHORT TERM DEPOSITS |
31.12.21 |
31.12.20 |
|
|
|
E |
|
Aldermore Bank Bond |
79,132 |
78,543 |
|
Hampshire Trust Bank |
|
85,000 |
|
Cambridge & Counties Bank |
90,036 |
89,152 |
|
The Charity Bank |
88,618 |
86,800 |
|
Shawbrook Bank |
85,000 |
85,000 |
|
Nationwide Instant Saver |
86,397 |
86,052 |
|
United Trust Bank |
90,015 |
89,035 |
|
CAF Gold Account |
10,853 |
50,850 |
|
Nationwide Instant Saver |
100,027 |
15,000 |
|
Hodge Bank |
|
85,000 |
|
Furness Building Society |
85,000 |
85,000 |
|
Allica Bank |
85,014 |
85,014 |
|
|
800,092 |
920,446 |
| 18 |
CREDITORS: AMOUNTS FALLING DUE WITHIN |
31.12.21 |
31.12.20 |
|
ONE YEAR |
|
|
|
Trade creditors |
8,459 |
14,220 |
|
Accruals |
36,684 |
13,912 |
|
Other taxes and social security costs |
479 |
4,842 |
|
|
45,622 |
32,974 |