||||Page||
|---|---|---|---|---|
|Report ofthe Trustees||1|lo|3|
|Independent
Examiner's|Report||||
|Statement of Financial|Activities||||
|Balance Sheet|||||
|Cash Flow Statement|||||
|Notes to the Cash Flow|Statement||||
|Notes to the Financial Statements||9|io|15|
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##
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##
##
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|STRUCTURE, GOVERNANCE
AND MANAGEMENT|||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Recruitment
and appointment
ofnew trustees|||||||||||||||
|The Charity
may by ordinary
resolution:|||||||||||||||
|—appoint a person who is willing to act to be a Trustee; and|||||||||||||||
|-determine
the rotation
in which any additional
Trustees are to retire|||||||||||||||
|No person other than a Trustee
retiring
by rotation
may be appointed
as a Trustee at any|||general
meeting||||unless:||||||||
|(1) he or she is recommended
for re-election
by the Trustees; or|||||||||||||||
|(2) not less than
fourteen
nor more than
thirty-five
clear days before the date of the||meeting,
the Charity||||||is||given||||a|
|notice that:|||||||||||||||
|(a) is signed
by a member
entitled to vote at the meeting;|||||||||||||||
|(b) states the member's
intention to propose the appointment
ofa person as a Trustee|||||||||||||||
|(c) contains the details that,
ifthe person were to be appointed,
the Charity would have to|||file at Companies||||House;|||||and|||
|(d) is signed
by the person who is to be proposed
to show his or her willingness
to be|appointed.||||||||||||||
|All members
who are entitled to receive notice of a general
meeting
must be given not less than seven||||||nor more|||||||than||
|twenty-eight
clear days' notice ofany resolution
to be put to the meeting to appoint a|trustee other than a||||||trustee||||who|||is|
|to retire by rotation.|||||||||||||||
|The trustees
may appoint
up to four persons who are willing to act, to be Trustees.|||||||||||||||
|A Trustee appointed
by a resolution
ofthe other Trustees
must retire at the next annual|||general
meeting||||and||must||||not||
|be taken into account
in determining
the Trustees who are to retire by rotation.|||||||||||||||
|The appointment
of a Trustee,
whether
by the Charity
in general
meeting
or by other|||Trustees,||must||not|cause|||||the||
|number ofTrustees to exceed any fixed number as the maximum
number
ofTrustees.|||||||||||||||
|Power|||||||||||||||
|In addition
to any powers
it may have, the Charity
has the following
powers
in order|to further the||||Objects (but||||||not||for||
|any other purpose):|||||||||||||||
|(a) to buy, take on lease or in exchange,
hire or otherwise
acquire any property
and to maintain
and equip
it for use;
(b) to lease or sub-lease
all or any part ofthe property
belonging
or leased to the Charity.
In exercising
this power,
Charity must comply as appropriate
with sections 117-123ofthe Charities Act 2011;|||||||||||||the||
|(c) to make grants, donations
or loans of money and to give or receive guarantees;|||||||||||||||
|(d) to negotiate,
make, accept, discount or otherwise
deal in any negotiable
instruments;|||||||||||||||
|(e) to borrow money
and to charge the whole or any part of the property
belonging
or leased to the Charity as|||||||||||security||||
|for repayment
of the money
borrowed.
The Charity
must comply as appropriate
with
Act 2011 if it wishes to mortgage
land;|sections 124-126|||||of the||||Charities|||||
|(f) to co-operate
with
other charities,
third
sector bodies
and
statutory
authorities|and||to exchange|||information|||||||and||
|advice with them;|||||||||||||||
|(g) to promote or carry out research and publish
the useful results;|||||||||||||||
|(h) to publish
and distribute
information
and hold meetings,
lectures and conferences;|||||||||||||||
|(i) to carry out the objects whether as principal
or agent and whether alone or with others;|||||||||||||||
|0) to establish
or support
any charitable
trusts,
associations
or institutions
formed
included
in the Objects;|by|any of the|||charitable|||||purposes|||||
|(k) to acquire, merge
with or to enter into any partnership
or joint venture
arrangement||with any other charity formed|||||||||||for||
|any ofthe Objects;|||||||||||||||
|(I)
to set aside
income as a reserve
against
future
expenditure
but only
in accordance
reserveri||||with a|written||policy|||||about|||
|(m)
to employ
and remunerate
such staff as are necessary
for carrying
out the work||of||the Chartity. The Charity|||||||||may||
|employ or remunerate
a Trustee only to the extent
it is permitted
to do so by Article 12and||||provided|it complies|||||with|||the||
|conditions
in that Article.|||||||||||||||
|(n) to:|||||||||||||||
|(i) deposit or invest funds;|||||||||||||||
|(ii) employ a professional
fund-manager;
and|||||||||||||||
|(iii) arrange
for the investments
or other
property
of the Charity
to be held
in the|name|||of a nominee;|||In|the||||same|||
|manner
and subject to the same conditions as the trustees ofa trust are permitted
to|do|by||the Trustee Act 2000;|||||||||||
|(o) to provide
indemnity
insurance
for the Trustees or any other officer ofthe Charity|in|relation to any such liability||||||||||as||is|
|mentioned
in Article 5(2), but subject to the restrictions
specified
in Article 5(3);|||||||||||||||
|(p) to pay out of the funds ofthe Charity
the costs of forming
and registering
the Charity||||both as a company|||||and|||as||a|
|charity;|||||||||||||||
|(q) to do all such other lawful things as are necessary for the achievement
ofthe Objects;|||||||||||||||
##
##
##
##
|||for|the Year End|ed 31 December|2021|||
|---|---|---|---|---|---|---|---|
|||||||2021|2020|
|||||Unrestricted|Restdicted|Total|Total|
||||Notes|funds
f|fund
f|funds
f.|fundsf|
|INCOME AND ENDOWMENTS||FRONI||||||
|Donations
and legacies|||2|195,412|16,200|211,612|502,332|
|Charitable
activities||||||||
|Caravan
Site||||182,646||182,646|129,295|
|Sports & Park|Activities|||471,620||471,620|224,114|
|General||||10,788||10,788|4,509|
|Events||||25,259||25,259|3,730|
|Other trading|activities|||660||660|730|
|Total||||886,385|16,200|902,585|864,710|
|EXPENDITURE ON||||||||
|Raising funds||||24,604||24,604|44,037|
|Charitable
activities||||||||
|Caravan
Site||||822||822||
|Sports & Park|Activities|||25,706||25,706||
|General||||644,319|13,949|658,268|718,178|
|Events||||6,742||6,742||
|Total||||702,193|13,949|716,142|762,215|
|NET INCOME||||184,192|2,251|186,443|102,495|
|RECONCILIATION
OF FUNDS||||||||
|Total funds brought forward||||239,910|9,969|249,879|147,384|
|TOTAL FUNDS CARRIED FORWARD||||424,102|12,220|436,322|249,879|
##
||||Cash Flow Statement|||
|---|---|---|---|---|---|
|||for|the Year Ended 31 December|2021||
||||Notes|2021|2020f|
|Cash flows from operating|activities|||||
|Cash generated
from operations||||219,258|117,360|
|Nei cash provided
by operating
activities||||219,258|117,360|
|Cash flows from investing|activities|||||
|Purchase oftangible
fixed assets
Sale oftangible fixed assets||||(13,014)|(351,069)
17,000|
|Net cash used
in investing
activities||||(13,014)|(334,069)|
|Cash flows from financing|activities|||||
|Loan repayments
in year||||(16,220)||
|Net cash (used in)/provided|by financing|activities||(16,220)||
|Change
in cash and cash|equivalents|in||||
|the reporting
period
Cash and cash equivalents|at the|||190,024|(216,709)|
|beginning
ofthe reporting|period||2|173,289|389,998|
|Cash and cash equivalents|atthe end|of||||
|the reporting
period|||2|363,313|173,289|
##
|for th|for th|for th|e Year E|nded 31 December 2021|||
|---|---|---|---|---|---|---|
|RECONCILIATION
OF NET INCOME|||TO NET|CASH FLOW FROM OPERATING|ACTIVITIES||
||||||2021f|2020f|
|Net income for the|reporting|period|(as per the Statement of Financial||||
|Activities)
Adjustments
for:|||||186,443|102,495|
|Depreciation
charges
Increase
in stocks
Increase
in debtors
Increase/(decrease)|in creditors||||28,847
(4,244)
(25,599)
33,811|44,037
(3,711)
(25,461)|
|Net cash provided
by operations|||||219,258|117,360|
|ANALYSIS OF CASH AND CASH EQUIVALENTS|||||||
||||||2021|2020|
|||||||f|
|Cash in hand|||||396|368|
|Notice deposits (less than 3months)
OverdraRs
included
in bank loans and|||overdrafts|falling due within one year|362,917|175,785
(2,864)|
|Total cash and cash|equivalents||||363,313|173,289|
|ANALYSIS OF CHANGES
IN NET DEBT|||||||
|||||At 1.1.21
f|Cash flow
f|At 31.12.21
f|
|Net cash|||||||
|Cash at bank and
in
Bank overdraft|hand|||176,153
(2,864)|187,160
2,864|363,313|
|||||173,289|190,024|363,313|
|Debt|||||||
|Debts falling due within
1 year
Debts falling due aRer 1 year||||(388,681)|367,362
(351,141)|(21,319)
(351,141)|
|||||(388,681)|16,221|(372,460)|
|Total||||(215,392)|206,245|(9,147)|
##
##
##
##
##
##
##
##
##
||||||||2021|2020|
|---|---|---|---|---|---|---|---|---|
|||||||||F|
|Grants|||||||211,612|502,332|
|Grants received,|||included|in the|above,|are as follows:|||
||||||||2021|2020|
|||||||||F|
|General|||||||211,612|502,332|
|OTHER TRADING ACTIVITIES|||||||||
||||||||2021|2020|
|||||||||E|
|Social lotteries|||||||660|730|
|INCONIE|FROM CHARITABLE||||ACTIVITIES||||
||||||||2021|2020|
||||||Activity||6|F|
|Caravan|pitches||||Caravan|Site|181,657|128,199|
|Gas|||||Caravan|Site||872|
|Laundry|||||Caravan|Site||224|
|Caravan|shop||||Caravan|Site|989||
|Pool hire|||||Sports & Park Activities||9,578|5,710|
|Tennis|||||Sports &Park Activities||995|325|
|Swimming|||||Sports &Park Activities||248,468|100,000|
|Pool shop|||||Sports & Park Activities||14,326|4,728|
|Sun lounger|||||Sports &Park Activities||1,410||
|Swimming|lessons||||Sports & Park Activities||84,877|46,459|
|Aquacise|||||Sports 8 Park Activities||6,467|4,759|
|Fitness class|||||Sports & Park Activities||991|265|
|Gym|||||Sports & Park Activities||104,508|61,868|
|Caravan|pitches||||General|||2,297|
|Gas|||||General||2,858||
|Bank interest|||||General||3,210|213|
|Cafe rent|income||||General||4,720|1,999|
|Events|||||Events||25,259|3,730|
||||||||690,313|361,648|
|RAISING|FUNDS||||||||
|Other trading||activities|||||||
||||||||2021f|2020|
|Closing stock|||||||(4,243)||
|Depreciation|||||||28,847|44,037|
||||||||24,604|44,037|
##
##
##
##
##
||||||Grant||||
|---|---|---|---|---|---|---|---|---|
||||||funding|of|||
||||||activities||Support||
||||Direct||(see note||costs (see||
||||Costs
f||7)
8||note 8)
f|Totals|
|Caravan|Site|||822||||822|
|Sports &
General
Events|Park Activities||25,706
650,656
6,742||1,404||6,208|25,706
658,268
6,742|
||||683,926||1,404||6,208|691,538|
|GRANTS|PAYABLE||||||||
||||||||2021|2020|
|||||||||6|
|General|||||||1,404|927|
|SUPPORT COSTS|||||||||
||||||||Governance||
||||||Finance||costs|Totals|
|||||||||E|
|General|||||804||5,404|6,208|
|NET INCOME/(EXPENDITURE)|||||||||
|Net income/(expenditure)|||is stated after charging/(crediting):||||||
||||||||2021|2020|
||||||||6|E|
|Depreciation||—owned assets|||||28,846|44,037|
##
##
##
|STAFF COS|TS|||||||
|---|---|---|---|---|---|---|---|
|||||||2021f|2020|
|Wages and salaries||||||395,521|341,502|
|||||||395,521|341,502|
|The average|monthly|number|ofemployees||during the year was as follows:|||
|||||||2021|2020|
|Employees||||||32|30|
|No employees|received emoluments|||in excess of660,000.||||
##
##
|for the Year E|for the Year E|for the Year E|nded 31 December 2021|nded 31 December 2021|||
|---|---|---|---|---|---|---|
|COMPARATIVES
FOR THE STATEMENT OF|||FINANCIAL ACTIVITIES||||
|||||Unrestricted|Restricted|Total|
|||||funds|fund|funds|
||||||6||
|INCOME AND ENDOWMENTS|FROM||||||
|Donations
and legacies||||152,332|350,000|502,332|
|Charitable
activities|||||||
|Caravan
Site||||129,295||129,295|
|Sports & Park Activities||||224,114||224,114|
|General||||4,509||4,509|
|Events||||3,730||3,730|
|Other trading
activities||||730||730|
|Total||||514,710|350,000|864,710|
|EXPENDITURE ON|||||||
|Raising funds||||44,037||44,037|
|Charitable
activities|||||||
|General||||718,178||718,178|
|Total||||762,215||762,215|
|NET INCOME/(EXPENDITURE)||||(247,505)|350,000|102,495|
|Transfers between
funds||||352,857|(352,857)||
|Net movement
in funds||||105,352|(2,857)|102,495|
|RECONCILIATION
OF FUNDS|||||||
|Total funds brought forward||||134,558|12,826|147,384|
|TOTAL FUNDS CARRIED FORWARD||||239,910|9,969|249,879|
|TANGIBLE FIXEDASSETS|||||||
||Improvements||||||
|||to|Plant and|Motor|Computer||
||property
8||machinery
8|vehicles
8|equipment
f|Totals
8|
|COST|||||||
|At 1 January 2021|||532,401|17,315|22,629|572,345|
|Additions|||11,709||1,305|13,014|
|Reclassification|477,643||(460,866)||(16,778)|(1)|
|At 31 December 2021|477,643||83,244|17,315|7,156|585,358|
|DEPRECIATION|||||||
|At 1 January 2021|||43,688|12,525|1,906|58,119|
|Charge for year|23,882||(1,956)|1,197|5,723|28,846|
|Reclassification/transfer|11,924||(7,203)||(4,720)|1|
|At 31 December 2021|35,806||34,529|13,722|2,909|86,966|
|NET BOOK VALUE|||||||
|At 31 December 2021|441,837||48,715|3,593|4,247|498,392|
|At 31 December 2020|||488,713|4,790|20,723|514,226|
##
##
|14.|STOCKS|||||
|---|---|---|---|---|---|
|||||2021
f|2020
8|
||Stocks|||4,244||
|15.|DEBTORS:AMOUNTS|FALLING DUE WITHIN ONE YEAR||||
|||||2021
f|2020
f|
||Trade debtors|||4,204|729|
||Other debtors||||534|
||VAT|||8,635|2,448|
||Prepayments|||16,471||
|||||29,310|3,711|
|16.|CREDITORS: AMOUNTS||FALLING DUE WITHIN ONE YEAR|||
|||||2021|2020|
|||||8|8|
||Bank loans and overdrafts
(see note 18)
Other loans (see note 18)
Trade creditors
Social security and other taxes|||10,000
11,319
5,523
14,677|52,864
338,681
4,920
6,931|
||Other creditors|||19,383|39,965|
||Accruals and deferred|income||46,894|850|
|||||107,796|444,211|
|17.|CREDITORS: AMOUNTS||FALLING DUE AFTER MORE THAN ONE YEAR|||
|||||2021
f|2020
5|
||Bank loans (see note 18)
Other loans (see note 18)|||35,097
316,044||
|||||351,141||
|18.|LOANS|||||
||An analysis ofthe maturity||ofloans is given below:|||
|||||2021|2020|
|||||F|f|
||Amounts
falling due within||one year on demand:|||
||Bank overdrafts
Bankloans
Otherloans|||10,000
11,319|2,864
50,000
338,681|
|||||21,319|391,545|
||Amounts
falling between one and two years:
Bank loans - 1-2years
Other loans
—1-2years|||35,097
316,044||
|||||351,141||
##
##
##
|MOVEMEN|T
IN FUNDS|||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||Net||
|||||||||||movement|At|
||||||||||At 1.1.21
f|in funds
f|31.12.21
f|
|Unrestricted
funds||||||||||||
|Unrestricted|General||||||||239,910|184,192|424,102|
|Restricted|funds|||||||||||
|Restricted|General||||||||9,969|2,251|12,220|
|TOTAL FUNDS|||||||||249,879|186,443|436,322|
|Net movement
in funds,||included|||in|the above|are as follows:|||||
||||||||||Incoming|Resources|Movement|
||||||||||resources
f|expended
f|in funds
f|
|Unrestricted
funds||||||||||||
|Unrestricted|General||||||||886,385|(702,193)|184,192|
|Restricted|funds|||||||||||
|Restricted|General||||||||16,200|(13,949)|2,251|
|TOTAL FUNDS|||||||||902,585|(716,142)|186,443|
|Comparatives
for movement||||in|funds|||||||
||||||||||Net|Transfers||
||||||||||movement|between|At|
||||||||At 1.1.20
f||in funds
f|funds
f|31.12.20
f|
|Unrestricted
funds||||||||||||
|Unrestricted|General||||||134,558||(247,505)|352,857|239,910|
|Restricted|funds|||||||||||
|Restricted|General|||||||12,826|350,000|(352,857)|9,969|
|TOTAL FUNDS|||||||147,384||102,495||249,879|
|Comparative
net movement|||in|funds,||included|in the|above are as follows:||||
||||||||||Incoming|Resources|Movement|
||||||||||resources
f|expended
f|in funds
f|
|Unrestricted
funds||||||||||||
|Unrestricted|General||||||||514,710|(762,215)|(247,505)|
|Restricted|funds|||||||||||
|Restdcted|General||||||||350,000||350,000|
|TOTAL FUNDS|||||||||864,710|(762,215)|102,495|
##
##
||||Net|Transfers||
|---|---|---|---|---|---|
||||movement|between|At|
|||At 1.1.20|in funds|funds|31.12.21|
|||F|8|||
|Unrestricted|funds|||||
|Unrestricted|General|134,558|(63,313)|352,857|424,102|
|Restricted|funds|||||
|Restricted General||12,826|352,251|(352,857)|12,220|
|TOTAL FUNDS||147,384|288,938||436,322|
|||Incoming|Resources|Movement|
|---|---|---|---|---|
|||resources
8|expended
f.|in funds
f|
|Unrestricted|funds||||
|Unrestricted|General|1,401,095|(1,464,408)|(63,313)|
|Restricted|funds||||
|Restdcted General||366,200|(13,949)|352,251|
|TOTALFUNDS||1,767,295|(1,478,357)|288,938|