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:**||||| |_General_**fund**|||**(910)**|**205,604**| |_Strategic reserve fund_|||**1,035,482**|**727,847**| |_Applications_**reservefund**|||**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| ## 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