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2021-04-05-accounts

Page
Reference and administrative detailsofthe Company, its Trustees and advisers 1
Trustees' report 2-9
Independent examiner's report 10
Statementoffinancial activities 11
Balance sheet '12-13
Notestothe financial statements 14- 31

Trustees A Bensley, Trustee
M Tanner, Trustee
T Boaden, Trustee
A Johnson, Trustee
PduFeu, Trustee
S Searle, Trustee
Company registered
number 08606484
Charity registered
number 1156862
Registered office Griffin Chartered Accountants
Unit 4 Silverdown Office Park
Exeter
Devon
EX52UX
Company secretary S Linacre
Key management Rachel Oates (Acting Centre Manager)
personnel
Accountants Griffin
Chartered Accountants
Silverdown Office Park
Exeter Airport Business Park
Exeter
EX52UX
Bankers National Westminster Bank
48 Courtenay Street
Newton Abbot
TQ12 2EE
Solicitors Geldards (formerly Robinsons)
Number One Pride Place
Pride Park
Derby
DE24SOR

Unrestricted Restricted Total Total
funds funds funds funds
2021 2021 2021 2020
Note £ £ £ £
Income from:
Donations and legacies 3 166,243 48 166,291 82,424
Charitable activities 4 16,808 16,808 293,977
Investments 5 153 153 256
Other income 6 30,535 30,535 35,192
Total income 213,739 48 213,787 411,849
Expenditure on:
Hotel and Conference 258,301 4,840 263,141 461,062
Total expenditure 258,301 4,840 263,141 461,062
Net movementinfunds {44,562) (4,792) (49,354) (49,213)
Reconciliationoffunds:
Total funds brought forward 1,780,294 10,920 1,791,214 1,840,427
Net movementinfunds (44,562) (4,792) (49,354) (49,213)
Total funds carried forward 1,735,732 6,128 1,741,860 1,791,214

2021 2020
Note £ £
Fixed assets
Tangible assets 11 1,746,322 1,757,831
Investments 12 1 1
1,746,323 1,757,832
Current assets
Stocks 13 1,753
Debtors 14 11,254 29,474
Cash at bank andinhand 287,584 120,578
300,591 150,052
Creditors: amounts falling due within one
year 15 (77,111) (115,494)
Net current assets 223,480 34,558
Total assets less current liabilities 1,969,803 1,792,390
Creditors: amounts falling due after more
than one year 16 (227,943) (1,176)
Net assets excluding pension asset 1,741,860 1,791,214
Total net assets 1,741,860 1,791,214
Charity funds
Restricted funds 17 6,128 10,920
Unrestricted funds 17 1,735,732 1,780,294
Total funds 1,741,860 1,791,214

Unrestricted Restricted Total
funds funds funds
2021 2021 2021
£ £ £
Donations and legacies 113,831 48 113,879
Government grants 52,412 52,412
166,243 48 166,291
Unrestricted Restricted Total
funds funds funds
2020 2020 2020
£ £ £
Donations and legacies 52,685 4,739 57,424
Government grants 25,000 25,000
77,685 4,739 82,424

Unrestricted Total
funds funds
2021 2021
£ £
Hotel and Conference 16,808 16,808
Unrestricted Total
funds funds
2020 2020
£ £
Hotel and Conference 293,977 293,977

Unrestricted Total
funds funds
2021 2021
£ £
Investment income 153 153
Unrestricted Total
funds funds
2020 2020
£ £
Investment income 256 256

Unrestricted Total
funds funds
2021 2021
£ £
Reception sales 5,207 5,207
Board and lodging 25,328 25,328
30,535 30,535
Unrestricted Total
funds funds
2020 2020
£ £
Reception sales 2,131 2,131
Board and lodging 21,061 21,061
Rentofkitchen subsidiary 12,000 12,000
35,192 35,192

Activities
undertaken Total
directly funds
2021 2021
£ £
263,141 263,141
Activities
undertaken Total
directly funds
2020 2020
£ £
Hotel and Conference 461,062 461,062

Hotel& Total
conference funds
2021 2021
£ £
Staff costs 100,375 100,375
Other staff costs 76 76
Light, heat and water 46,596 46,596
Accountancy and professional fees 44,461 44,461
Grounds and repairs maintenance 20,818 20,818
Health and safety 62 62
Depreciation 11,218 11,218
Loss on disposal 291 291
Motor expenses 769 769
Postage and stationery 4,832 4,832
Advertising 879 879
Trustees and volunteer expenses 8,266 8,266
Computer and telephone costs 15,839 15,839
General administration 1,499 1,499
Bank and interest charges 7,160 7,160
263,141 263,141

Analysis of direct costs (continued)
Hotel& Total
conference funds
2020 2020
£ £
Staff costs 158,431 158,431
Other staff costs 2,031 2,031
Light, heat and water 89,945 89,945
Accountancy and professional fees 8,053 8,053
Grounds and repairs maintenance 56,274 56,274
Health and safety 20,978 20,978
Depreciation 46,615 46,615
Motor expenses 4,850 4,850
Postage and stationery 3,674 3,674
Advertising 7,821 7,821
Trustee's and volunteer expenses 31,900 31,900
Computer and telephone costs 18,334 18,334
General administration 7,753 7,753
Bank charges 4,403 4,403
461,062 461,062

2021 2020
£ £
Wages and salaries 95,934 144,129
Social security costs 633 6,755
Contribution to defined contribution pension schemes 3,808 7,547
100,375 158,431
2021 2020
No. No.
Employees 6 12

Freehold Plant and Fixtures and Computer
property machinery fittings equipment Total
£ £ £ £ £
Cost or valuation
At 1 April 2020 1,678,799 264,685 271,289 30,865 2,245,638
Disposals (1,822) (5,945) (2,276) (10,043)
Transfers between classes 40,456 (40,456)
At31March 2021 1,719,255 222,407 265,344 28,589 2,235,595
Depreciation
At 1 April 2020 201,966 254,977 30,864 487,807
Charge for the year 8,417 2,800 1 11,218
On disposals (1,531) (5,945) (2,276) (9,752)
Transfers between classes 34,148 (34,148)
At31March 2021 34,148 174,704 251,832 28,589 489,273
Net book value
At31March 2021 1,685,107 47,703 13,512 1,746,322
At31March 2020 1,678,799 62,719 16,312 1 1,757,831

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED31MARCH 2021
12. Fixed asset investments
Other fixed
asset
investments
£
Cost or valuation
At1 April 2020 1
At31March 2021 1
Netbook value
At31March 2021 1
At31March 2020 1
13. Stocks
2021 2020
£ £
Raw materials 1,753
14. Debtors
'2021 2020
£ £
Due within one year
Other debtors 9,921 2,590
Prepayments and accrued income 1,333 1,884
Grants receivable 25,000
11,254 29,474

2021 2020
£ £
Bank loans 50,000
Other loans 2,500
Trade creditors 14,655 25,840
Amounts owed to trading subsidiary 3,722 11,125
Other taxation and social security 259 4,469
Obligations under finance lease and hire purchase contracts 1,214 2,631
Other creditors 553 2,380
Accruals and deferred income 4,208 69,049
77,111 115,494

2021 2020
£ £
Bank loans 199,943
Otherloans 28,000
Net obligations under finance lease and hire purchase contracts 1,176
227,943 1,176

Balance at
Balance at 1 31March
April 2020 Income Expenditure 2021
£ £ £ £
Unrestricted funds
General fund 1,780,294 213,739 (258,301) 1,735,732
Restricted funds
Garden fund 2,682 48 (2,730)
Carpets and furnishings 1,563 1,563
Pool building 2,020 (2,000) 20
Chapel fund 1,014 1,014
Hosp~ality fund 2,226 2,226
Nominated fund 1,415 (110) 1,305
10,920 48 (4,840) 6,128
Totaloffunds 1,791,214 213,787 (263,141) 1,741,860

Balance at
Balance at Transfers 31March
1 April 2019 Income Expenditure in/out 2020
£ £ £ £ £
Unrestricted funds
General fund 1,829,179 407,110 (453,351) (2,644) 1,780,294
Restricted funds
Garden fund 2,958 (276) 2,682
Carpets and furnishings 2,522 (2,793) 1,834 1,563
Pool building 2,020 2,020
Chapel fund 768 246 1,014
Hospitality fund 2,079 (417) 564 2,226
Fireplace fund 252 (252)
Computer fund 649 (649)
Nominated fund 4,739 (3,324) 1,415
11,248 4,739 (7,711) 2,644 10,920
Total of funds 1,840,427 411,849 (461,062) 1,791,214

Balance at
Balance at 1 31March
April 2020 Income Expenditure 2021
£ £ £ £
General funds 1,780,294 213,739 (258,301) 1,735,732
Restricted funds 10,920 48 (4,840) 6,128
1,791,214 213,787 (263,141) 1,741,860
Summaryoffunds-prior year
Balanceat
Balance at Transfers 31March
1 April 2019 Income Expenditure in/out 2020
£ £ £ £ £
General funds 1,829,179 407,110 (453,351) (2,644) 1,780,294
Restricted funds 11,248 4,739 (7,711) 2,644 10,920
1,840,427 411,849 (461,062) 1,791,214

Unrestricted Restricted Total
funds funds funds
2021 2021 2021
£ £ £
Tangible fixed assets 1,746,322 1,746,322
Fixed asset investments 1 1
Current assets 294,463 6,128 300,591
Creditors due within one year (77,111) (77,111)
Creditors dueinmore than one year (227,943) (227,943)
Total 1,735,732 6,128 1,741,860

Unrestricted Restricted Total
funds funds funds
2020 2020 2020
£ £ £
Tangible fixed assets 1,757,831 1,757,831
Fixed asset investments 1 1
Current assets 139,132 10,920 150,052
Creditors due within one year (115,494) (115,494)
Creditors dueinmore than one year (1,176) (1,176)
Ttl 1,780,294 10,920 1,791,214