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





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||||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<br>Activities|||31,878||725|32,603|30,856|
|Investment<br>income|||40,034|2,263||42,297|40,443|
||||71,912|2,263|140p272|214,447|229,325|
|Expenditure<br>on:||||||||
|Charitable<br>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<br>gains||||||||
|Unrealised<br>investment|gains|||158,167||158,167|18,137|
|Net movement<br>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|





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||||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<br>funds|||1,254,910|1,103,971|
|Restricted income|funds||73,327|48,218|
|Total funds|||1,337,204|1,156,901|



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





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|||General|Designated|Restricted|Total funds|
|---|---|---|---|---|---|
||2021|fundf|fundsf|fundf|2021|
|CBFDeposit Interest<br>CBFInvestment<br>fund||19<br>16,775|Zp263||19<br>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|



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||||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|



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||||||General|Designated|Restricted|Total funds|
|---|---|---|---|---|---|---|---|---|
||||||fund|funds|funds|2021|
|||2021|||f|f||f|
|Authorised<br>transfer from Investment<br>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<br>transfer from Investment<br>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)||





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|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|





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||||At 1st||||Change in|At 31st|
|---|---|---|---|---|---|---|---|---|
||||January||||Market|December|
||||2021||Additions|Disposals|Value|2021|
||||f||f|f||f|
|Unquoted<br>investment||||500||||500|
|General<br>Fund||||500||||500|
|CBFProperty fund|||454,841||||64,865|519,706|
|CBFInvestment|fund|units|648,881||||93,302|742,183|
|Designated<br>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<br>investment||||500||||500|
|General<br>Fund||||500||||500|
|CBFProperty fund|||478,617||||(23,776)|454,841|
|CBFInvestment|fund|units|606,968||||41,913|648,881|
|Designated<br>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|



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|CREDIT|ORS AMOUNTS<br>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|





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||||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|



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||||||||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<br>funds||||23,506|(2,748)|(20,758)||
|Other recognised<br>gains/(losses)||||||||
||Unrealised|investment|gains||18,137||18,137|
|Net movement<br>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|