2021-12-31-accounts

Contents
TRUSTEES REPORT..
INDEPENDENT EXAMINERS	REPORT.
STATEMENT OF FINANCIAL	ACTIVITIES
BALANCE SHEET.		.10
STATEMENT OF CASHFLOWS		.11
NOTES TO THE FINANCIAL	STATEMENTS	12-20

			General	Designated	Restricted	Total funds	Totalfunds
			fund	funds	fund	2021	2020
		Note	f	f	f	f	f
Incoming and endowments	from:
Donations					139,547	139,547	158,026
Charitable Activities			31,878		725	32,603	30,856
Investment income			40,034	2,263		42,297	40,443
			71,912	2,263	140p272	214,447	229,325
Expenditure on:
Charitable activities			89,860	6,000	96,451	192,311	228,345
			89,860	6,000	96,451	192,311	228,345
Net income/(expenditure)	before	transfers	(17,948)	(3~737)	43821	22~136	980
Transfers between funds			22,203	(3,491)	(18,712)
Other recognised gains
Unrealised investment	gains			158,167		158,167	18,137
Net movement in funds			4,255	150,939	25,109	180,303	19,117
Total funds at1January			4I712	1103I971	48 218	1156901	1137784
Total funds at31December			8~967	1p254p910	73p327	1p337p204	1156901

			2021	2020
		Note
Fixed Assets
Investments			1,262,389	1,104,222
			1,262,389	1,104,222
Current Assets
Debtors			29,932	30,484
Cash on deposit			38,310	36058
Cash at bank and in	hand		97,787	73,440
			166,029	139,982
Creditors: amounts	falling due within
one year		10	91,214	87,303
Net current assets			74,815	52,679
Total assets less current liabilities			1,337,204	1,156,901
The funds ofthe charity:
General fund			8,967	4,712
Designated funds			1,254,910	1,103,971
Restricted income	funds		73,327	48,218
Total funds			1,337,204	1,156,901

			2021		2020
				f		f
Net cash outflow from operating activities				(15,698)		(78,906)
Cash flows from investing activities
Dividends, interest and rent from	investments		42,297		40,443
Net cash provided by investing activities				42,297		40,443
Change in cash and cash equivalents	in the reporting	period		26,599		(38,463)
Cash and cash equivalents at 13anuary				109,498		147,961
Cash and cash equivalents at31December				136,097		109,498
Reconciliation ofnet income to net cash flow from operating			activities
				2021		2020
Net income forthe year ended 31December				180,303		19,118
Adjustments for:
Gains on investments				(158,167)		(18,137)
Dividends, interest and rent from	investments			(42,297)		(40,443)
Decrease in operating debtors				552		7,019
(Decrease)/Increase in operating	creditors			3,911		(46,463)
Net cash used by operating activities				(15,698)		(78,906)
Analysis ofcash and cash equivalents
Cash at bank and in hand				97,787		73,440
Cash on deposit				38,310		36,058
				136,097		109,498

		General	Designated	Restricted	Total funds
	2021	fundf	fundsf	fundf	2021
CBFDeposit Interest CBFInvestment fund		19 16,775	Zp263		19 19,038
CBFProperty fund		23,240			23,240
		40,034	2,263		42,297
		General	Designated	Restricted	Total funds
	2020	fund	funds	fund	2020
		f	f		f
CBFDeposit Interest		334	28		363
CBFInvestment	fund	15,762	2,720		18&482
CBFProperty fund		21,598			21,598
		37,694	2,748		40,443

			General	Designated	Restricted	Total funds
	2021		fund	funds	funds	2021
			f	f	f	f
Special Publications			117		3,340	3,457
Other Activity	costs		6,605	6,000	17,284	29,889
Staff costs			80,129		61,569	141,698
Otherstaff expenses			1,563		289	1,852
Office support	costs		282		10,925	11,207
Independent	examiner's	costs	1,152			1,152
Legal Costs			12		3,044	3,056
			89,860	6,000	96p451	192p311
			General	Designated	Restricted	Total funds
	2020		fund	funds	fund	2020
			f	f	f	f
Special Publications			312		1,388	1,700
Other Activity	costs		7,266		32,492	39,758
Staff costs			82,544		89,002	171,546
Office support	costs		1,753		9,274	11,027
Independent	examiner's	costs	1,168			1,168
Legal Costs					3,146	3,146
			93,043		135,302	228,345

					General	Designated	Restricted	Total funds
					fund	funds	funds	2021
		2021			f	f		f
Authorised transfer from Investment Income fund				for	2,263	(2,263)
For PDCSR	share of Paulsgrove		project	costs	1,228	(1,228)
GNN management		Fee			10,312		(10,312)
GNN office	space				8,400		(8,400)
					22,203	(3,4m, )	(18,712)
					General	Designated	Restricted	Total funds
					fund	funds	funds	2020
		2020			f	f.	f
Authorised transfer from Investment Income fund				for	2,748	(2,748)
GNN management		fee			12,358		(12,358)
GNN office	space				8,400		(8,400)
					23,506	(2,748)	(20,758)

MOV	EM	ENT OF FU	NDS
								At 31st
			At 1stJanuary	Income	Expenditure	Transfers	Gains/	December
			2021				(Losses)	2021
							f
General	fund
General	Fund		4,712	71,912	(89,860)	22,203		8,967
Designated		funds
Business	Development		77'421	2,263	(6,000)	(3491)	11p091	81p284
Investment		for Income	1,026,550				147,076	1,173,626
			1,103,971	2,263	(6,000)	(3,491)	158,167	1,254,910
Restricted
GNN			35,705	125,569	(87,893)	(18,712)		54,669
ASC			12,513	14,703	(8,558)			18,658
			48~218	140/272	(96451)	(18p712)		73,327
Total Funds			1,156,901	214,447	(192,311)		158,167	1,337,204
								At 31st
			At 1stJanuary	Income	Expenditure	Transfers	Gains/	December
			2020				(Losses)	2020
							f
General	fund
General	Fund		6,425	67,825	(93,044)	23,506		4,712
Designated		funds
Business	Development		72,439	2,748		(2,748)	4,982	77'421
Investment		for Income	1,013,395				13,155	1,026,550
			1,085,834	2,748		(2p748)	18'137	1p103971
Restricted
GNN			40,598	147,256	(131,391)	(20,758)		35,705
ASC			4,927	11,496	(3,910)			12,513
			45,525	158,752	(135,301)	(20,758)		48,218
Total Funds			1,137,784	229,325	(228,345)		18,137	1,156,901

			At 1st				Change in	At 31st
			January				Market	December
			2021		Additions	Disposals	Value	2021
			f		f	f		f
Unquoted investment				500				500
General Fund				500				500
CBFProperty fund			454,841				64,865	519,706
CBFInvestment	fund	units	648,881				93,302	742,183
Designated Funds			1,103,722				158,167	1,261,889
Total Funds			1,104,222				158,167	1,262,389
			At 1st				Change in	At 31st
			January				Market	December
			2020		Additions	Disposals	Value	2020
			f		f	E		f
Unquoted investment				500				500
General Fund				500				500
CBFProperty fund			478,617				(23,776)	454,841
CBFInvestment	fund	units	606,968				41,913	648,881
Designated Funds			1,085,585				18~137	1~103'722
Total Funds			1,086,085				18'137	1p104'222
DEBTORS
						2021		2020
Sundry Debtors						19,371		20,565
Accrued investment		income				10,561		9,919
						29,932		30,484

CREDIT	ORS AMOUNTS FALLING DUE WITHIN ONE	YEAR
		2021	2020
		f
Sundry Creditors		3,630	6,285
Paulsgrove	Big Lottery funds (money held as agent)	72,584	59,768
Deferred	GNN Income	15,000	21,250
		91,214	87,303

			Investment	Current	Current	Net
	2021		Assets	Assets	Liabilities	Assets
General fund
General fund			500	84,643	(76,176)	8,967
Designated	funds
Business Development		fund	88,226	(6,942)		81,284
Investment	for Income	fund	1,173,663	(37)		1,173,626
			1,261,889	(6,979)		1,254,910
Restricted funds
GNN				69,706	(15,038)	54,668
ASC				18,659		18,659
				88,365	(15p038)	73~327
Total Funds	at31stDecember 2021		1p262~389	166p029	(91p214)	1p337p204
			Investment	Current	Current	Net
	2020		Assets	Assets	Liabilities	Assets
					f
General fund
General fund			500	70,265	(66,053)	4,712
Designated	funds
Business Development		fund	77,134	287		77,421
Investment	for Income	fund	1,026,588	(38)		1,026,550
			1,103p722	249		1,103,971
Restricted funds
GNN				56,954	(21,250)	35,704
ASC				12,514		12,514
				69,468	(21,250)	48,218
Total Funds	at31stDecember 2020		1,104,222	139,982	(87,303)	1,156,901

							Total
				General	Designated	Restricted	funds
				fund	funds	fund	2020
			Note	f		E	E
Income and	endowments	from:
	Donations		2			158,026	158,026
	Charitable	Activities	3	30,131		725	30,856
	Investment	income	4	37,694	2,748	1	40,443
				67,825	2,748	158,752	229,325
Expenditure	on:
	Charitable	activities	5	93,043		135,302	228,345
				93,043		135,302	228,345
Net income/(expenditure)		before	transfers	(25,218)	2,748	23,450	980
Transfers between funds				23,506	(2,748)	(20,758)
Other recognised gains/(losses)
	Unrealised	investment	gains		18,137		18,137
Net movement in funds				(1,712)	18,137	2,692	19,117
Total funds	at 1January			6,424	1,085,834	45,526	1,137,784
Total funds	at31December			4,712	1,103,971	48,218	1,156,901