**REGISTERED CHARITY NUMBER: 1159769**
## **REPORT OF THE TRUSTEES AND**
**UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021**
## **FOR**
## **HARMONY WITH NATURE CHARITABLE TRUST**
Taylor, Robertson & Willett Ltd 95 King Street Lancaster Lancashire LA1 1RH
**HARMONY WITH NATURE CHARITABLE TRUST**
## **CONTENTS OF THE FINANCIAL STATEMENTS for the Year Ended 31 March 2021**
|||**Page**||
|---|---|---|---|
|**Report of the Trustees**|1|to|3|
|**Independent Examiner's Report**||4||
|**Statement of Financial Activities**||5||
|**Balance Sheet**||6||
|**Notes to the Financial Statements**|7|to|11|
|**Detailed Statement of Financial Activities**|12|to|13|
**HARMONY WITH NATURE CHARITABLE TRUST**
**for the Year Ended 31 March 2021**
## **REPORT OF THE TRUSTEES**
The trustees present their report with the financial statements of the charity for the year ended 31 March 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
The object of the Charity is to promote such purposes that are exclusively charitable under the laws of England and Wales as the Trustees in their discretion from time to time determine and in particular,
1. The prevention of poverty.
2. The relief of sickness and the preservation of health.
3. The promotion of volunteering.
4. The advancement of human rights.
5. Developing the capacity and skills of members of a community (especially those socially and/or economically disadvantaged) so that they are better able to meet their needs and to participate more fully in society.
6. The advancement of environmental protection or improvement.
## Application of income and capital
(1) The trustees must apply the income, and at their discretion, all or part of the capital, of the charity in furthering the object.
(2) The Objects will be promoted by making donations or grants to other registered charities and/or philanthropic or community organisations in accordance with the Grants Policy, and with the intention of encouraging and enabling ways for humankind to live in harmony with nature.
(3) The Trustees will consider all applications which further the Objects, and which also encourage and enable ways for humankind to live in harmony with nature, but wish in particular to support activities which:
1. Promote the restoration, conservation and protection of wild places with their indigenous animals, plants, soils and natural processes for the benefit of present and future generations;
2. Encourage sustainable energy generation and energy conservation in order to reduce degradation of the natural environment;
3. Advance the education in, and appreciation of, natural processes, sustainable living practices and technologies;
4. Encourage voluntary public participation in enhancing nature, both in urban and rural settings;
5. Promote democratic community ownership and control of land (including buildings), for the benefit of the community and the surrounding natural environment;
6. Protect the land rights and territories of indigenous peoples worldwide.
## **ACHIEVEMENT AND PERFORMANCE**
The Board of Trustees are satisfied that the Charity's affairs and resources have been managed in accordance with its aims and purpose and, at their meetings during the year, made clear decisions about what needed to be achieved in accordance with these aims and purpose. The Charity's rental income was however significantly reduced on its commercial property during the COVID-19 restrictions. However, our tenant there is now trading profitably and paying rent.
The Charity has continued with the refurbishment of an investment property: a flat in Lancaster which will provide accommodation for 8 refugees, and rent income to the Charity.
The trustees have made four grants in the year, of £1,000 to Claver Hill community growing project, £2,000 to LESS for food training development, and £5,000 for the Langholm Moor Community Buyout, and £5,000 for Money for Madagascar for a Rainforest restoration project.
## **FINANCIAL REVIEW**
## **Principal funding sources**
The principle source of the Charity's income was through the continued donations from the Trust's Settlor, together with dividends and interest from current investments and rents from investment properties.
Page 1
**HARMONY WITH NATURE CHARITABLE TRUST**
## **REPORT OF THE TRUSTEES**
## **for the Year Ended 31 March 2021**
## **FINANCIAL REVIEW**
## **Investment policy and objectives**
Investments were made in accordance with the Charity's Investments policy. Shares are owned in three community-owned renewable energy companies. The Charity owns one residential and one commercial property. The balance of investments are made in publicly quoted shares, using positive and negative ethical screening. The Charity's share portfolio is managed by Rathbone Greenbank and has a high risk profile skewed towards capital growth. This is likely to produce a greater financial return in the longer term. A consistent income from the portfolio is not currently essential for the furtherance of the Charity's Objects.
## **Reserves policy**
The Charity does not hold any financial reserves for any purpose.
## **Funds in deficit**
The charity does not have any fund which is materially in deficit.
## **FUTURE PLANS**
In the financial year 2021/22 the Trustees anticipate further donations from the Settlor and plan to make grants of at least £20,000 to charities selected by the board, in furtherance of the Objects of the Charity. We also hope to recruit one or two additional trustees.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity was established in 2015 and is controlled by its governing document, a deed of trust. The charity constitutes an unincorporated charity.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number**
1159769
## **Principal address**
51 Ashfield Avenue Lancaster Lancashire LA1 5DZ
## **Trustees**
Mr S C Gershon Ms A C Chapman Ms A Wallman
## **Independent Examiner**
Taylor, Robertson & Willett Ltd 95 King Street Lancaster Lancashire LA1 1RH
Page 2
**HARMONY WITH NATURE CHARITABLE TRUST**
## **REPORT OF THE TRUSTEES**
## **for the Year Ended 31 March 2021**
Approved by order of the board of trustees on 27 September 2021 and signed on its behalf by:
Ms A C Chapman - Trustee
Page 3
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HARMONY WITH NATURE CHARITABLE TRUST**
## **Independent examiner's report to the trustees of Harmony With Nature Charitable Trust**
I report to the charity trustees on my examination of the accounts of Harmony With Nature Charitable Trust (the Trust) for the year ended 31 March 2021.
## **Responsibilities and basis of report**
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's statement**
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of The Association of Chartered Certified Accountants which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Neil Slater The Association of Chartered Certified Accountants Taylor, Robertson & Willett Ltd 95 King Street Lancaster Lancashire LA1 1RH
27 September 2021
Page 4
**HARMONY WITH NATURE CHARITABLE TRUST**
## **STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 March 2021**
|Notes
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
Investment income
2
Other income
**Total**
**EXPENDITURE ON**
**Charitable activities**
Charitable donations
Other
**Total**
**NET INCOME**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**TOTAL FUNDS CARRIED FORWARD**|**2021**
**Unrestricted**
**fund**
**£**
**125,275**
**37,771**
**177,030**
**340,076**
**13,000**
**36,897**
**49,897**
**290,179**
**1,211,730**
**1,501,909**|2020
Total
funds
£
148,245
55,332
(42,822)
160,755
10,000
11,937
21,937
138,818
1,072,912
1,211,730|
|---|---|---|
The notes form part of these financial statements
Page 5
## **HARMONY WITH NATURE CHARITABLE TRUST**
## **BALANCE SHEET**
## **31 March 2021**
|Notes
**FIXED ASSETS**
Tangible assets
4
**CURRENT ASSETS**
Debtors
5
Investments
6
Cash at bank and in hand
**CREDITORS**
Amounts falling due within one year
7
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**CREDITORS**
Amounts falling due after more than one year
8
**NET ASSETS**
**FUNDS**
9
Unrestricted funds
**TOTAL FUNDS**|**2021**
**Unrestricted**
**fund**
**£**
**650,807**
**261**
**908,990**
**35,120**
**944,371**
**(28,269)**
**916,102**
**1,566,909**
**(65,000)**
**1,501,909**
**1,501,909**
**1,501,909**|2020
Total
funds
£
475,870
-
654,536
153,138
807,674
(6,814)
800,860
1,276,730
(65,000)
1,211,730
1,211,730
1,211,730|
|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 27 September 2021 and were signed on its behalf by:
Ms A C Chapman - Trustee
The notes form part of these financial statements
Page 6
**HARMONY WITH NATURE CHARITABLE TRUST**
**NOTES TO THE FINANCIAL STATEMENTS for the Year Ended 31 March 2021**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - not provided Plant and machinery - at varying rates on cost
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **Investments**
Listed investments are revalued at market value at the balance sheet date.
continued...
Page 7
**HARMONY WITH NATURE CHARITABLE TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2021**
## **2. INVESTMENT INCOME**
|**INVESTMENT INCOME**|||
|---|---|---|
|Rents received
Interest received
Dividends received|**2021**
**£**
**18,109**
**5,596**
**14,066**
**37,771**|2020
£
30,845
9,762
14,725|
|||55,332|
## **3. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 March 2021 nor for the year ended 31 March 2020.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 March 2021 nor for the year ended 31 March 2020.
## **4. TANGIBLE FIXED ASSETS**
|**TANGIBLE FIXED ASSETS**||||
|---|---|---|---|
|**COST**
At 1 April 2020
Additions
At 31 March 2021
**DEPRECIATION**
At 1 April 2020
Charge for year
At 31 March 2021
**NET BOOK VALUE**
At 31 March 2021
At 31 March 2020|Freehold
property
£
**458,128**
**171,882**
**630,010**
**-**
**-**
**-**
**630,010**
458,128|Plant and
machinery
£
**19,506**
**5,535**
**25,041**
**1,764**
**2,480**
**4,244**
**20,797**
17,742|Totals
£
**477,634**
**177,417**|
||||**655,051**|
||||**1,764**
**2,480**|
||||**4,244**|
||||**650,807**|
||||475,870|
continued...
Page 8
**HARMONY WITH NATURE CHARITABLE TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2021**
|**5.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Prepayments
**6.**
**CURRENT ASSET INVESTMENTS**
Listed investments
Unlisted investments
**7.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Other creditors
**8.**
**CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR**
Other creditors
**9.**
**MOVEMENT IN FUNDS**
At 1/4/20
£
**Unrestricted funds**
General fund
**1,211,730**
**TOTAL FUNDS**
**1,211,730**
Net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
**340,076**
**TOTAL FUNDS**
**340,076**|||**2021**
**£**
**261**
**2021**
**£**
**832,865**
**76,125**
**908,990**
**2021**
**£**
**28,269**
**2021**
**£**
**65,000**
Net
movement
in funds
£
**290,179**
**290,179**
Resources
expended
£
**(49,897)**
**(49,897)**||2020
£
-
2020
£
577,661
76,875|2020
£
-
2020
£
577,661
76,875|2020
£
-
2020
£
577,661
76,875|2020
£
-|
|---|---|---|---|---|---|---|---|---|
||||||654,536||||
||||||2020
£
6,814
2020
£
65,000
At
31/3/21
£
**1,501,909**||2020
£
6,814||
||||||||2020
£
65,000||
||||||**1,501,909**||||
||||||Movement
in funds
£
**290,179**
**290,179**||||
|||||||**290,179**|||
continued...
Page 9
**HARMONY WITH NATURE CHARITABLE TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2021**
## **9. MOVEMENT IN FUNDS - continued**
**Comparatives for movement in funds**
|At 1/4/19
£
**Unrestricted funds**
General fund
1,072,912
**TOTAL FUNDS**
1,072,912
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
160,755
**TOTAL FUNDS**
160,755
A current year 12 months and prior year 12 months combined position is as follows:
At 1/4/19
£
**Unrestricted funds**
General fund
1,072,912
**TOTAL FUNDS**
1,072,912||Net
movement
in funds
£
138,818
138,818
Resources
expended
£
(21,937)
(21,937)
Net
movement
in funds
£
428,997
428,997|At
31/3/20
£
1,211,730|
|---|---|---|---|
||||1,211,730|
||||Movement
in funds
£
138,818
138,818
At
31/3/21
£
1,501,909|
||||1,501,909|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**TOTAL FUNDS**|Incoming
resources
£
500,831
500,831|Resources
Movement
expended
in funds
£
£
(71,834)
428,997
(71,834)
428,997|Resources
Movement
expended
in funds
£
£
(71,834)
428,997
(71,834)
428,997|
|---|---|---|---|
||||428,997|
continued...
Page 10
**HARMONY WITH NATURE CHARITABLE TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2021**
## **10. RELATED PARTY DISCLOSURES**
Transactions with Mr S C Gershon, a Trustee of the Charity.
During the year Mr Gershon donated a property to the Charity worth £120,000.
Long term creditors comprises £65,000 owed to Mr Gershon.
Page 11
**HARMONY WITH NATURE CHARITABLE TRUST**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 March 2021**
|**INCOME AND ENDOWMENTS**
**Donations and legacies**
Donations
**Investment income**
Rents received
Interest received
Dividends received
**Other income**
Profit/loss on share disposal
Revaluation
**Total incoming resources**
**EXPENDITURE**
**Charitable activities**
Grants to institutions
**Support costs**
**Management**
Portfolio management
**Finance**
Bank charges
**Other**
Insurance
Light and heat
Telephone
Sundries
Property repairs & maintenance
Property running costs
Depreciation of tangible fixed assets
**Governance costs**
Accountancy and legal fees|2021
£
**125,275**
**18,109**
**5,596**
**14,066**
**37,771**
**29,680**
**147,350**
**177,030**
**340,076**
**13,000**
**6,343**
**54**
**-**
**-**
**-**
**240**
**-**
**26,819**
**2,481**
**29,540**
**960**|2020
£
148,245
30,845
9,762
14,725
55,332
26,817
(69,639)
(42,822)
160,755
10,000
5,043
63
241
(103)
15
-
4,587
-
951
5,691
1,140|
|---|---|---|
This page does not form part of the statutory financial statements
Page 12
**HARMONY WITH NATURE CHARITABLE TRUST**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 March 2021**
|**DETAILED STATEMENT OF FINANCIAL ACTIVITIES**
**for the Year Ended 31 March 2021**|||
|---|---|---|
|Total resources expended
**Net income**|2021
£
**49,897**
**290,179**|2020
£|
|||21,937|
|||138,818|
This page does not form part of the statutory financial statements
Page 13