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|Legal and administrative||information|||
|Trustees' report (incorporating|||the Directors' Report)||
|Structure,
Governance|and Management|||3-4|
|Risk Management||||4|
|Aims and Activities||||4-5|
|Achievements
and Performance||||5|
|Financial
Review||||5|
|Reserves Policy||||5|
|Plans for future periods||||6|
|Independent
Examiners'||report|||
|Financial Statements|||||
|Statement offinancial|activities|||8|
|Balance sheet||||9|
|Notes to the financial statements||||10-16|
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||The Objects ofthe CLTare within the area ofbenefit (Devon and Cornwall);|||
|---|---|---|---|
||Providing
environmentally
sustainable
houses or hostels and any associated amenities
for persons||in|
||necessitous
circumstances
upon terms appropriate
to their means;|||
|1.1.2|The provision offacilities for recreation or other leisure time occupation
in the|interests ofsocial|welfare|
||with the object ofimproving
the conditions of life for the residents ofthe area|ofbenefit;||
||The relief ofpoverty
in such ways as may be thought
fit amongst the residents|ofthe area ofbenefit;||
||The advancement
ofeducation
and vocational
training for those in necessitous|circumstances;||
||The protection
or conservation
ofthe environment|||
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||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|funds|funds|
|||Notes|2022|2022|2022|2021|
|||||f||f|
|Income from|||||||
|Donations
&grants|||518|30,000|30,518|270,748|
|Charitable
activities|||6||6|6|
|Investment
income|||42||42|424|
|Total income|||566|30,000|30,566|271,178|
|Expenditure
on|||||||
|Charitable
activities|||10,883|2,134|13,017|34,500|
|Total expenditure|||10,883|2,134|13,017|34,500|
|Net income/(expenditure)|||(10,317)|27,866|17,549|236,678|
|Transfers between|funds|18|297,811|(297,811)|||
|Net movement
in funds|||287,494|(269,945)|17,549|236,678|
|Reconciliation
offunds|||||||
|Total funds brought|forward||231,124|278,230|509,354|272,676|
|Total funds carried|forward||518,618|8,285|526,903|509,354|
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||||2022|2021|
|---|---|---|---|---|
|||Notes|f|f|
|Fixed assets|||||
|Tangible assets||10|262,573|262,729|
|Current assets|||||
|Stocks and work in|progress||625,466|320,584|
|Debtors||12|459|4,855|
|Cash at bank and in|hand||21,117|279,169|
||||647,042|604,608|
|Creditors: amounts|falling due within one year|13|(382,712)|(357,983)|
|Net current assets/(liabilities)|||264,330|246,625|
|Net assets|||526,903|509,354|
|Income Funds|||||
|Restricted funds||18|8,285|278,230|
|Unrestricted
fund|||518,618|231,124|
||||526,903|509,354|
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|3|Net income|Net income|for|the year||||2022||2021|
|---|---|---|---|---|---|---|---|---|---|---|
|||||||||f||f|
||Net income|for||the year|is stated after|charging:|||||
||Independent||examiner's||fee —external|scrutiny||685||645|
||Independent||examiner's||fee —other services|||80|||
|4|Donations|&grants|||||||2022|2021|
||||||||Unrestricted|Restricted|Total|Total|
||||||||f|f|f|f|
||Donations:||||||518||518|748|
||||||||518||518|748|
||Grants:||||||||||
||Homes England|||(via South Hams District Council)||||30,000|30,000|270,000|
|||||||||30,000|30,000|270,000|
||Total Donations|||&Grants|||518|30,000|30,518|270,748|
|5|Incoming re|sources|from Charitable
activities||||
|---|---|---|---|---|---|---|
||||||2022|2021|
||||Unrestricted|Restricted|Total|Total|
||||f|f|f|f|
||Membership|Fees|||||
||Ofthe membership||and event fees for 2021, all were unrestricted.||||
|6|Investment|income|||2022|2021|
||||||f|f|
||Bank Interest||||42|424|
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|8|Total resources|e|xpe|nded||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||2022|2021|
|||||||||Unrestricted|Restricted|Total|Total|
|||||||||f|f|f|f|
||Charitable||activities|||||||||
||Activities undertaken||||directly|||1,317|2,134|3,451|13,927|
||Support|Costs||||||9,566||9,566|20,573|
||Total|||||||10,883|2,134|13,017|34,500|
||Costs ofGenerating||||Funds|||||||
|||||||||10,883|2,134|13,017|34,500|
|9|Resources expended|||||||||2022|2021|
|||||||||Unrestricted|Restricted|Total|Total|
||Activities undertaken|||directly||||f|E|f|f|
||Salaries||||||||2,134|2,134|12,833|
||Insurance|||||||755||755|564|
||Memberships|and subscriptions||||||500||500|530|
||Marketing
and|Promotion||||||62||62||
|||||||||1317|2,134|3,451|13,927|
||Support Costs|||||||||||
||Office Costs|||||||108||108|220|
||Printing
postage||and|stationery||||3||3|3|
||Sundry expenses|||||||35||35|51|
||Loan Interest|||||||8,499||8,499|7,998|
||Equipment
depreciation|||||||156||156|208|
||Finance Fees||||||||||11,448|
||Governance
cost||—Independent|||Examiners|Fees|||||
||||External||scrutiny|||685||685|645|
||||Other services|||||80||80||
|||||||||9,566||9,566|20,573|
||Costs ofGenerating|||Funds||||||||
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|14|Financial|instruments||||||2022|2021|
|---|---|---|---|---|---|---|---|---|---|
|||||||||E|E|
||Carrying|amount offinancial|assets|||||||
||Debt instruments
carried at||amortised||cost||||1,050|
||Carrying|amount offinancial|liabilities||measured|at amortised|cost|376,410|357,983|
|15|Trustees|and employees||||||||
||Number|ofemployees||||||||
||There was 1part time employee|||for part ofthe||year (2021 —1|part time)|||
||Employee emoluments|||||||2022|2021|
|||||||||E|E|
||Salaries|||||||1,981|12,744|
||Other pension costs|||||||153|89|
|||||||||2,134|12,833|
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|Analysis ofa|ssets between
funds|||||
|---|---|---|---|---|---|
||||Net|Creditors||
|||Fixed|current|ofmore||
|||assets|assets|than one|Total|
|||||year||
|Unrestricted|funds|||||
|General||262,573|256,045||518,618|
|Restricted funds|||8,285||8,285|
|As at 31March 2022||262,573|264,330||526,903|
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|Fund name (Funder)|Fund name (Funder)|Restricted purpose offunding||
|---|---|---|---|
|Postcode Local|Trust|A grant for conservation
activities and the creation||
|||ofcommunity
green space at Clay Park||
|South Hams District Council S106funds||A grant to assist in the development
and|provision|
|||ofaffordable
housing at Clay Park||
|Homes England|(via South Hams District|A grant towards the initial infrastructure,|creating|
|Council)||the entrance
and beginning
the road and|services|
||||Opening|Incoming|Outgoing|Transfers|Closing|
|---|---|---|---|---|---|---|---|
||||balance|resources|resources||Balance|
|Restricted funds|||E|E||||
|Postcode Local Trust|||138|||(138)||
|South Hams|District Council 5106||10,173||2,134|(8,039)||
|Homes England||(via South Hams District||||||
|Council)|||267,919|30,000||(289,634)|8,285|
||||278,230|30,000|2,134|(297,811)|8,285|
|Unrestricted|funds|||||||
|General|||231,124|566|10,883|297,811|518,618|