##
||||Page||
|---|---|---|---|---|
|Chairman's
Report||1|to|2|
|Chief Executive's
Report|||||
|Report ofthe Trustees||4|to|7|
|Report ofthe Independent|Auditors|8|to|0|
|Statement ofFinancial Activities|||10||
|Balance Sheet|||||
|Cash Flow Statement|||12||
|Notes to the Cash Flow Statement|||13||
|Notes to the Financial Statements||14|to|22|
|Detailed Statement ofFinancial Activities||23|to|24|
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##
##
##
##
##
##
##
##
##
##
##
##
||for|the Year End|ed 31December|2022|||
|---|---|---|---|---|---|---|
||||||2022|2021|
||||Unrestricted|Restricted|Total|Total|
|||Notes|funds
f|funds
f|funds|fundsf|
|INCOME AND ENDOWMENTS|FROM||||||
|Donations and legacies||2|1,457||1,457|33,470|
|Charitable
activities||4|||||
|Mixed Camping|||172,402||172,402|188,679|
|Camp Fees and Activities|||827,739||827,739|378,407|
|Catering|||153,701||153,701|63,849|
|Ancillary Services|||196,846||196,846|122,835|
|Other trading
activities||3|89,835||89,835|80,447|
|Other income|||6,000||6,000|126,056|
|Total|||1,447,980||1,447,980|993,743|
|EXPENDITURE ON|||||||
|Raising funds||5|108,193|1|108,194|55,367|
|Charitable
activities||6|||||
|Charitable
activities costs|||1,169,154|8,419|1,177,573|705,339|
|Total|||1,277,347|8,420|1,285,767|760,706|
|NET INCOME/(EXPENDITURE)|||170,633|(8,420)|162,213|233,037|
|RECONCILIATION
OF FUNDS|||||||
|Total funds brought
forward|||623,307|85,565|708,872|475,835|
|TOTAL FUNDS CARRIED FORWARD|||793,940|77,145|871,085|708,872|
##
||31 De|cember 2022||||
|---|---|---|---|---|---|
|||||2022|2021|
|||Unrestricted|Resbicted|Total|Total|
||Notes|funds
f|funds
f|funds
f|fundsf|
|FIXEDASSETS||||||
|Tangible assets||739,115|61,145|800,260|843,372|
|CURRENT ASSETS||||||
|Stocks|12|14,597||14,597|13,932|
|Debtors|13|98,023||98,023|35,215|
|Cash at bank and in hand||646,498|16,000|662,498|520,451|
|||759,118|16,000|775,118|569,598|
|CREDITORS||||||
|Amounts
falling due within one year|14|(398,559)||(398,559)|(386,078)|
|NET CURRENT ASSETS||360,559|16,000|376,559|183,520|
|TOTAL ASSETSLESSCURRENT LIABILITIES||1,099,674|77,145|1,176,819|1,026,892|
|CREDITORS||||||
|Amounts
falling due after more than one year|15|(305,734)||(305,734)|(318,020)|
|NET ASSETS||793,940|77,145|871,085|708,872|
|FUNDS|18|||||
|Unrestricted
funds||||793,940|623,307|
|Restricted funds||||77,145|85,565|
|TOTAL FUNDS||||871,085|708,872|
|||||~NII
s
F|||
|---|---|---|---|---|---|---|
|||||Cash Flow Statement|||
||||for|the Year Ended 31December|2022||
|||||Notes|2022f|2021
6|
|Cash flows from operating||activities|||||
|Cash generated
from operations|||||205,474|394,635|
|Net cash provided
by operating
activities|||||205,474|394,635|
|Cash flows from investing||activities|||||
|Purchase oftangible
fixed assets|||||(43,392)|(50,685)|
|Net cash used
in investing|activities||||(43,392)|(50,685)|
|Cash flows from financing||activities|||||
|Loan repayments
in year|||||(18,924)|(17,518)|
|Capital repayments
in year|||||(1,111)|(1,111)|
|Net cash used
in financing||activities|||(20,035)|(18,629)|
|Change
in cash and cash||equivalents|in||||
|the reporting
period|||||142,047|325,321|
|Cash and cash equivalents||at the|||||
|beginning
ofthe reporting||period|||520,451|195,130|
|Cash and cash equivalents||at the end|of||||
|the reporting
period|||||662,498|520,451|
##
##
||Notes to the Cash Flow Statement
for the Year Ended 31 December 2022|Notes to the Cash Flow Statement
for the Year Ended 31 December 2022|Notes to the Cash Flow Statement
for the Year Ended 31 December 2022|Notes to the Cash Flow Statement
for the Year Ended 31 December 2022|||
|---|---|---|---|---|---|---|
|RECONCILIATION|OF NET INCOME TO NET CASH FLOW FROM OPERATING||||ACTIVITIES||
||||||2022f|2021f|
|Net income forthe|reporting|||period (as per the Statement ofFinancial|||
|Activities)|||||162,213|233,037|
|Adjustments
for:|||||||
|Depreciation
charges|||||86,504|83,485|
|Interest paid|||||7,749|6,859|
|(Increase)/decrease|in|stocks|||(665)|1,306|
|(Increase)/decrease|in|debtors|||(62,808)|5,091|
|Increase
in creditors|||||12,481|64,857|
|Net cash provided|by|operations|||205,474|394,635|
|ANALYSIS OF CHANGES|||IN|NET FUNDS|||
|||||At 1.1.22
f|Cash flow
f|At31.12.22|
|Net cash|||||||
|Cash at bank and in|hand|||520,451|142,047|662,498|
|||||520,451|142,047|662,498|
|Debt|||||||
|Finance leases||||(99,352)|1,111|(98,241)|
|Debts falling due within||1 year||(11,000)||(11,000)|
|Debts falling due after 1 year||||(219,779)|11,175|(208,604)|
|||||(330,131)|12,286|(317,845)|
|Total||||190,320|154,333|344,653|
##
##
##
##
##
##
|ACCOUNTING
POLICIES -|continued|
|---|---|
|Tangible fixed assets||
|Long leasehold|Straight line over 99years|
|Plant and machinery|33%on cost|
|Fixtures and fittings|33%on cost|
|Motor vehicles|25%on cost|
##
##
##
##
|in the notes to|in the notes to|the financial state|ments.|||
|---|---|---|---|---|---|
|DONATIONS||AND LEGACIES||||
|||||2022|2021|
|||||6||
|Donations
and legacies||||1,457|33,470|
|OTHER|TRADING ACTIVITIES|||||
|||||2022|2021|
|Special|events|||89,835|80,447|
|INCOME FROM CHARITABLE|||ACTIVITIES|||
|||||2022|2021|
||||Activity|6|6|
|Mixed camping|||Mixed Camping|172,402|188,679|
|Camp fees and activities|||Camp Fees and Activities|827,739|378,407|
|Catering|||Catering|153,701|63,849|
|Utilities|||Anciliary Services|27,443|22,620|
|Bar|||Anciliary Services|79,789|55,907|
|Walesby|Shop||Anciliary Services|89,473|43,003|
|Vending|machines||Anciliary Services|141|1,305|
|||||1,350,688|753,770|
##
##
##
|RAISING FUN|RAISING FUN|RAISING FUN|DS|DS|DS||||||
|---|---|---|---|---|---|---|---|---|---|---|
|Other trading|||activities||||||||
||||||||||2022f|2021
6|
|Retail and||providore|||costs||||87,220|43,786|
|Staff costs|||||||||20,974|11,581|
||||||||||108,194|55,367|
|CHARITABLE|||ACTIVITIES COSTS||||||||
|||||||||Direct|Support||
|||||||||Costs (see|costs (see||
|||||||||note 7)|note 8)|Totals|
|||||||||5||9|
|Charitable||activities|||costs|||453,326|724,247|1,177,573|
|DIRECT COSTS||||OF|CHARITABLE ACTIVITIES||||||
||||||||||2022f|2021
F.|
|Electricity,
Sundries||gas|&|water|||||64,463
17,620|45,543
3,866|
|Site maintenance||||&|development||||66,167|32,526|
|Rent|||||||||6,395|(4,130)|
|Sanitation|||||||||74,874|44,288|
|Site transportation||||and||plant|||12,554|10,468|
|Activities
&sports equipment
Catering cost ofsales
Depreciation|||||||||56,694
68,055
86,504|27,951
27,286
83,485|
||||||||||453,326|271,283|
|SUPPORT||COSTS|||||||||
||||||||||Governance||
||||||||Management
9|Finance
6|costs
9|Totals
f|
|Charitable||activities|||costs||684,653|21,204|18,390|724,247|
|Support costs,|||included|||in the above, are as follows:|||||
||||||||||2022|2021|
||||||||||Charitable||
||||||||||activities|Total|
||||||||||costs|activities|
||||||||||5|6|
|Wages
Insurance|||||||||602,989
24,657|322,279
23,871|
|Telephone|||||||||25,823|20,287|
|Advertising
Sundries|||||||||25,611
5,573|26,198
4,610|
|Finance costs|||||||||21,204|20,155|
|Accountancy|||||||||2,837|2,585|
|Audit|||||||||7,053|2,600|
|Legal and||professional|||||||8,500|11,471|
||||||||||724,247|434,056|
##
##
##
##
##
##
|STAFF CO||STS|||||
|---|---|---|---|---|---|---|
||||||2022|2021f|
|Wages and||salaries|||623,963|333,860|
||||||623,963|333,860|
|The average||monthly|number ofemployees|during the year was as follows:|||
||||||2022|2021|
|Charitable|activities||||36|21|
|Fundraising|||||1|1|
||||||37|22|
##
##
|TANGIBLE FIXEDASSETS||||
|---|---|---|---|
||Freehold|Long|Plant and|
||property
f|leasehold
f|machinery
f|
|COST||||
|At 1 January 2022|1,048,227|110,000|66,275|
|Additions|4,357||1,500|
|At 31 December 2022|1,052,584|110,000|67,775|
|DEPRECIATION||||
|At 1 January 2022|346,668|10,648|62,234|
|Charge for year|62,340|1,111|4,143|
|At 31 December 2022|409,008|11,759|66,377|
|NET BOOK VALUE||||
|At 31 December 2022|643,576|98,241|1,398|
|At 31 December 2021|701,559|99,352|4,041|
##
##
##
##
|TANGIBLE FIXEDASSETS - continued||||
|---|---|---|---|
||Fixtures|||
||and|Motor||
||fittings
f|vehicles
6|Totals
8|
|COST||||
|At 1 January 2022|251,167|1,960|1,477,629|
|Additions|32,050|5,485|43,392|
|At 31 December 2022|283,217|7,445|1,521,021|
|DEPRECIATION||||
|At 1 January 2022|213,400|1,307|634,257|
|Charge for year|17,914|996|86,504|
|At 31 December 2022|231,314|2,303|720,761|
|NET BOOK VALUE||||
|At 31 December 2022|51,903|5,142|800,260|
|At 31 December 2021|37,767|653|843,372|
##
##
##
|Included
in the above are assets|held|under|gnance leases or hire purchases|contracts.
Leasehold|contracts.
Leasehold|property|
|---|---|---|---|---|---|---|
|includes
depreciation
off1,111(2021 - f1,111)and net book value off98,241 (2021-599,352).|||||||
|STOCKS|||||||
|||||2022||2021|
|||||8||8|
|Stock for re-sale||||14,597||13,932|
|DEBTORS:AMOUNTS
FALLING|DUE WITHIN||ONE YEAR||||
|||||2022||2021|
|||||6||6|
|Trade debtors||||3,980||124|
|Prepayments||||94,043||35,091|
|||||98,023||35,215|
|CREDITORS: AMOUNTS
FALLING DUE WITHIN ONE YEAR|||||||
|||||2022
6||2021
f|
|Bank loans and overdrafts (see note 16)||||11,000||11,000|
|Hire purchase (see note 17)||||1,111||1,111|
|Trade creditors||||37,677||32,768|
|Taxation and social secuiity||||16,697||12,192|
|Other creditors||||332,074|329,007||
|||||398,559|386,078||
##
##
##
||||W~lb
F
Notes to the Financial Statements
-continued
for the Year Ended 31 December 2022|W~lb
F
Notes to the Financial Statements
-continued
for the Year Ended 31 December 2022|||
|---|---|---|---|---|---|---|
|CREDITORS: AMOUNTS|||FALLING DUE AFTER MORE THAN ONE YEAR||||
||||||2022|2021|
||||||6|K|
|Bank loans|(see note 16)||||208,604|219,779|
|Hire purchase (see note 17)|||||97,130|98,241|
||||||305,734|318,020|
|LOANS|||||||
|An analysis|ofthe maturity||of|loans is given below:|||
||||||2022|2021|
||||||6||
|Amounts
falling||due within|one year on demand:||||
|Bank loans|||||11,000|11,000|
|Amounts
falling||between
one||and two years:|||
|Bank loans|||||20,500|20,500|
|Amounts
falling||due between||two and five years:|||
|Bank loans|||||73,500|62,209|
|Amounts
falling||due in more than five years:|||||
|Repayable|by instalments:||||||
|Bank loans|||||114,604|137,070|
|Hire purchase
contracts|||||92,686|93,797|
||||||207,290|230,867|
|LEASING|AGREEMENTS||||||
|Minimum
lease||payments|fall|due as follows:|||
||||||Hire purchase|contracts|
||||||2022|2021|
||||||E|6|
|Net obligations||repayable:|||||
|Within one|year||||1,111|1,111|
|Between one and five years|||||4,444|4,444|
|In more than five years|||||92,686|93,797|
||||||98,241|99,352|
||||||Non-cancellable||
||||||operating|leases|
||||||2022|2021|
||||||6|F|
|Within one|year||||4,500|4,500|
|Between one and five years|||||18,000|18,000|
|In more than five years|||||281,250|335,250|
||||||303,750|357,750|
##
##
##
|MOVEMENT|IN FUNDS||||||
|---|---|---|---|---|---|---|
||||||Net||
||||||movement|At|
|||||At 1.1.22|in funds|31.12.22|
|||||8|6|8|
|Unrestricted|funds||||||
|General
fund||||597,193|170,633|767,826|
|Hedge Funds||||1,217||1,217|
|Sherwood
Lodge||||24,897||24,897|
|||||623,307|170,633|793,940|
|Restricted funds|||||||
|Kemp Lodge||||41,614|(6,670)|34,944|
|Tree Planting||||1,000||1,000|
|Management|Van|||2,890||2,890|
|Catering
Bam||||6,749|(500)|6,249|
|Climbing
Wall||||16,000||16,000|
|2018 Lodge||||4,104|(250)|3,854|
|Toilet Block||||8,208|(500)|7,708|
|Robin Hood Suite Roof||||5,000|(500)|4,500|
|||||85,565|(8,42D)|77,145|
|TOTAL FUNDS||||708,872|162,213|871,085|
|Net movement|in funds,|included|in the above are as follows:||||
|||||Incoming|Resources|Movement|
|||||resources|expended|in funds|
|||||6|8||
|Unrestricted|funds||||||
|General
fund||||1,447,980|(1,277,347)|170,633|
|Restricted funds|||||||
|Kemp Lodge|||||(6,670)|(6,670)|
|Catering
Barn|||||(5DD)|(500)|
|2018 Lodge|||||(250)|(250)|
|Toilet Block|||||(500)|(500)|
|Robin Hood Suite Roof|||||(500)|(500)|
||||||(8,420)|(8,420)|
|TOTAL FUNDS||||1,447,980|(1,285,767)|162,213|
##
##
##
##
|Comparatives|for moveme|nt
in fun|ds||||
|---|---|---|---|---|---|---|
||||||Net||
||||||movement|At|
|||||At1.1.21|in funds|31.12.21|
|||||5||8|
|Unrestricted|funds||||||
|General fund||||361,237|235,956|597,193|
|Hedge Funds||||1,217||1,217|
|Sherwood
Lodge||||24,897||24,897|
|||||387,351|235,956|623,307|
|Restricted funds|||||||
|Kemp Lodge||||48,283|(6,669)|41,614|
|Tree Planting||||1,000||1,000|
|Management|Van|||2,890||2,890|
|Catering
Barn||||7,249|(500)|6,749|
|Climbing
Wall||||16,000||16,000|
|2018Lodge||||4,354|(250)|4,104|
|Toilet Block||||8,708|(500)|8,208|
|Robin Hood Suite Roof|||||5,000|5,000|
|||||88,484|(2,919)|85,565|
|TOTAL FUNDS||||475,835|233,037|708,872|
|Comparative|net movement|in funds,|included|in the above are as follows:|||
|||||Incoming|Resources|Movement|
|||||resources|expended|in funds|
|||||8|||
|Unrestricted|funds||||||
|General
fund||||988,743|(752,787)|235,956|
|Restricted funds|||||||
|Kemp Lodge|||||(6,669)|(6,669)|
|Catering Bam|||||(500)|(500)|
|2018 Lodge|||||(250)|(250)|
|Toilet Block|||||(500)|(500)|
|Robin Hood Suite Roof||||5,000||5,000|
|||||5,000|(7,919)|(2,919)|
|TOTAL FUNDS||||993,743|(760,706)|233,037|
##
##
##
##
##
##
|||for the Year Ended 31|December 2022||
|---|---|---|---|---|
||||2022|2021|
||||8|6|
|INCOME AND|ENDOWMENTS||||
|Donations
and|legacies||||
|Donations
and|legacies||1,457|33,470|
|Other trading
activities|||||
|Special events|||89,835|80,447|
|Charitable
activities|||||
|Camp fees and|activities||827,739|378,407|
|Catering|||153,701|63,849|
|Mixed camping|||172,402|188,679|
|Utilities|||27,443|22,620|
|Bar|||79,789|55,907|
|Walesby Shop
Vending machines|||89,473
141|43,003
1,305|
||||1,350,688|753,770|
|Other income|||||
|Furlough
income||||61,306|
|Government
grants|||6,000|64,750|
||||6,000|126,056|
|Total incoming|resources||1,447,980|993,743|
|EXPENDITURE|||||
|Other trading
activities|||||
|Retail expenses|||6,185|2,589|
|Providore cost|of|sales|81,035|41,197|
|Wages|||20,974|11,581|
||||108,194|55,367|
|Charitable
activities|||||
|Electricity, gas|&water||64,463|45,543|
|Sundnes|||17,620|3,866|
|Site maintenance||&development|66,167|32,526|
|Rent|||6,395|(4,130)|
|Sanitation|||74,874|44,288|
|Site transportation||and plant|12,554|10,468|
|Activities &sports||equipment|56,694|27,951|
|Catering cost ofsales|||68,055|27,286|
|Depreciation
oftangible iixed assets|||86,504|83,485|
||||453,326|271,283|
|Supportcosts|||||
|Management|||||
|Wages|||602,989|322,279|
|Insurance|||24,657|23,871|
|Telephone|||25,823|20,287|
|Advertising|||25,611|26,198|
|Sundnes|||5,573|4,610|
||||684,653|397,245|
##
##
|Management||
|---|---|
|Finance||
|Finance costs||
|Governance|costs|
|Accountancy||
|Audit||
|Legal and professional||
|Total resources|expended|
|2022f|2021
6|
|---|---|
|21,204|20,155|
|2,837|2,585|
|7,053|2,600|
|8,500|11,471|
|18,390|16,656|
|1,285,767|760,706|
|162,213|233,037|