|Contents||Pages|
|---|---|---|
|Report of the|trustees|1-5|
|Independent|Examiner's report||
|Statement of|financial activities||
|Balance sheet|||
|Notes forming part ofthe financial statements||9-18|
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||||||2020|||2019||
|---|---|---|---|---|---|---|---|---|---|
|||||Unrestn'cled|Restricted|Total|Unrestricted|Restricted|Total|
|||||funds|Endowment||funds|Endomment||
||||||funds|||funds||
||||Note|||||||
|Income and||||||||||
|endowments|from:|||||||||
|Rental income||||217,157||217,157|212,169||212,169|
|Investments||||19,681||19,681|21,413||21,413|
|Other income||||5,000||5,000|344||344|
|Total income||||241,838||241,838|233,926||233,926|
|Expenditure
on:
Raising funds||||9,404|(1,958)|7,446|2,448|5,045|7,493|
|Charitable||||||||||
|activities||||||||||
|Grants to||||56,649||56,649|72,212||72,212|
|individuals||||||||||
|Grants to||||36,110||36,110|62,566||62,566|
|institutions||||||||||
|Office costs||||18,488||18,488|22,727||22,727|
|Governance|costs|||3,077||3,077|13,370||13,370|
|Other||||9,645||9,645|2,893||2,893|
|Total||||133,373|(1,958)|131,415|176,216|5,045|181,261|
|expenditure||||||||||
|Net||||19,239|37,345|56384|40,006|77,655|117,661|
|gains/(losses)||on||||||||
|investments||||||||||
|Net income/||||127,704|39,303|167,007|97,716|72,610|170,326|
|(expenditure)/||||||||||
|Net movement||in||||||||
|funds||||||||||
|Reconciliation||of||||||||
|funds||||||||||
|Total funds||||492,912|3,173,572|3,666,484|395,196|3,100,962|3,496,158|
|brought forward||||||||||
|Total funds||||620,614|3,212,876|3,833,490|492,912|3,173,572|3,666,484|
|carried forward||||||||||
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|||Notes|Unrestricted|Restricted|31.12.20|Unrestricted|Unrestricted|Restricted|31.12.19|
|---|---|---|---|---|---|---|---|---|---|
||||fund|Endowment|Total||fund|Endowment|Total|
|||||fund|funds|||fund|fr inds|
||||E||||||6|
|Investments||||||||||
|Financial
investments|||339,426|494,886|834,312||328,671|474,009|802,680|
|Investment
property||13||2,750,000|2,750,000|||2,750,000|2,750,000|
||||339,426|3,244,886|3584,312||328,671|3,224,009|3,552,680|
|CURRENT||||||||||
|ASSETS||||||||||
|Debtors||14|1,453||1,453||453||453|
|Cash at bank|||303,476||303,476||216,388||216,388|
||||304,929||304,929||216,841||216,841|
|CREDITORS||||||||||
|Amounts
falling||||||||||
|due
within|one|15|(23,741)|(32,010)|(55,751)||(52,600)|(50,437)|(103,037)|
|year||||||||||
|NET||||||||||
|CURRENT|||281,188|(32,010)|249,178||164,241|(50,437)|113,804|
|ASSETS||||||||||
|TOTAL ASSETS||||||||||
|LESSCURRENT|||620,614|3,212,876|3,833,490||492,912|3,173,572|3,666,484|
|LIABILITIES||||||||||
|NET ASSETS|||620,614|3,212,876|3,833,490||492,912|3,173,572|3,666,484|
|FUNDS||||||||||
|Unrestricted|funds||||620,614||||492,912|
|Restricted funds|||||3,212,876||||3,173,572|
|TOTAL|||||3g33,490||||3,666,484|
|FUNDS||||||||||
|The financial|statements||were approved|by the Trustees on 14||July|2021 and|signed on their||
|behalf by:||||||||||
|SStrachan||||||ps|'tl'|||
|Trustee||||||Trustee||||
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|3.RENTAL INCOME||||
|---|---|---|---|
|||31.12.20|31.12.19|
|Pine Ridge Golf Centre —rental income and charges||200,111|195,333|
|Other rental income||17,046|16,836|
|||217,157|212,169|
|4.INVESTMENT INCOME||||
|||31.12.20|31.12.19|
|Other fixed asset invest|—FII|19,681|21,407|
|Deposit account interest||||
|||19,681|21,413|
|5.OTHER INCOME||||
|||31.12.20|31.12.19|
|Charitable
donation||5,000||
|Bank compensation|||344|
|||5,000||
|6.RAISING FUNDS||||
|||31.12.20|31.12.19|
|Investment
management|costs|||
|Portfolio management||7,446|7,493|
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|||||31.12.20|31.12.19|
|---|---|---|---|---|---|
|Grants to individuals||||56,469|72,212|
|Grants to institutions||||36,110|62,566|
|||||92,579|134,778|
|The total grants paid|to institutions||during the year was as follows:|||
|||||31.12.20|31.12.19|
|Open Mind|||||1,200|
|St.Mary's Nursery|||||1,000|
|Connect Counselling|Services||||10,000|
|Camberley
Job Club||||2,000||
|Heather Ridge||||4,000||
|Amari Pregnancy
Choices|||||4,000|
|St.Andrew's
Church||||3,000||
|Surrey Heath Age Concern||||1,000||
|Beacon Frontline|||||1,180|
|Field Lane||||2,000||
|Surrey Heath Neighbourhood||Watch||2,000||
|Hope Hub||||4,695|5,045|
|Camberley
Citizens Advice Bureau||||4,167|10,000|
|Phyllis Tuckwell Hospice||||10,000|7,000|
|Sparkers|||||1,000|
|Homestart|||||7,000|
|High Cross Church||||3,000|7,500|
|Frimley PCC|||||1,000|
|Grants ofless than E1,000||||248|6,641|
|||||36,110|62,566|
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|8.OTHER||||||
|---|---|---|---|---|---|
|||||31.12.20|31.12.19|
|Insurances
and other property|||costs|9,645|2,518|
|Dinner to mark the retirement|||ofTrustees||375|
|||||9,645|2,893|
|9.GOVERNANCE COSTS||||||
|||||31.12.20|31.12.19|
|Independent|Examiner's|fee||2,610|2,730|
|Data Protection Registrar's fee|||||35|
|Payroll costs||||432|216|
|Legal advice|||||10,389|
|||||3,077|13,370|
##
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|STAFFCOSTS||||
|---|---|---|---|
|||31.12.20|31.12.19|
|Wages and salaries||17,091|18,019|
|The average number of employees|during the year was as follows:|31.12.20|31.12.19|
|Administration||2|2|
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|FIXEDASSETINVESTMENTS||
|---|---|
||Listed|
||investments|
|FAIR VALUE||
|At 1January 2020|802,680|
|Additions|101,217|
|Disposals|(132,731)|
|Fair value movements|63,146|
|At 31December 2020|834312|
##
|INVESTMENT PROPERTY||
|---|---|
|FAIR VALUE||
|At 1January 2020|2,750,000|
|Fair value movement||
|At 31December 2020|2,750,000|
##
|14.DEBTORS:AMOUNTS FALLING DUE|WITHIN ONE YEAR||
|---|---|---|
||31.12.20|31.12.19|
|Other debtors|350||
|Prepayments|1,103|453|
||1,453|453|
##
|15.C|REDITORS:AMOUNTS
FALLING DUE W|ITHIN ONE YEAR||
|---|---|---|---|
|||31.12.20|31.12.19|
|Other|creditors|36,751|54,008|
|Rent|received in advance|19,000|49,029|
|||55,751|103,037|
##
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|17.MOVEMENT IN F|UNDS||||||
|---|---|---|---|---|---|---|
|||||At|Net|At|
|||||01.01.20|movement|31.12.20|
||||||in funds||
||||||E||
|Unrestricted
funds|||||||
|General funds||||164,241|108,464|272,704|
|Financial investments||||328,671|19,239|347,910|
|Restricted funds|||||||
|Permanent
Endowment|fund|||3,173,572|39,303|3,212,876|
|TOTAL FUNDS||||3,666,484|167,006|3,833,490|
||||Incoming|Resources|Gallls and|Movement
in|
||||resources|expended|losses|funds|
||||||E||
|Unrestricted
funds|||||||
|General fund|||241,838|(133,374)||108,464|
|Financial investments|||||19,239|19,239|
|Restricted funds|||||||
|Permanent
Endowment|fund|||1,958|37,345|39,303|
|TOTAL FUNDS|||241,838|(131,416|56,584|167,006|
|Comparatives
for movement||in funds|||||
|||||At|Net|At|
|||||01.01.19|movement|31.12.19|
||||||in funds||
|Unrestricted
funds|||||||
|General fund||||108,597|57,710|164,241|
|Financial investments||||286,599|40,006|328,671|
|Restricted funds|||||||
|Permanent
Endowment|fund|||3,100,962|72,610|3,173,572|
|TOTAL FUNDS||||3,496,158|170,326|3,666,484|
|Comparative
net movem|ent
in funds,|included
in the abov|e are as follo|ws:||
|---|---|---|---|---|---|
|||Incoming|Resources|Gains and|Movement|
|||resources|expended|losses|in funds|
|Unrestricted
funds||||||
|General fund||233,926|(176,216)||57,710|
|Financial investments||||40,006|40,006|
|Restricted funds||||||
|Permanent
Endowment|fund||(5,045)|77,655|72,610|
|TOTAL FUNDS||233,926|(181,261)|117,661|170326|
|18.ANALYSIS OFFUNDS||||||
|||Fixed|Current|Current|Total|
|||Assets|Assets|Liabilities||
|At 31-12-20||||||
|Unrestricted||339,426|304,929|23,741|620,614|
|Restricted||3,244,886||32,010|3,212,876|
|||3,584,312|304,929|55,751|3,833,490|
|At 31-12-19||||||
|Unrestricted||328,671|216,841|52,600|492,912|
|Restricted||3,224,009||50,437|3,173,572|
|||3,552,680|216,841|103,037|3,666,484|
##
##
|e payable as set out below:|||
|---|---|---|
||2020|2019|
|Within 1year|574|549|
|Within 2to5years|||
|Over 5years|||
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##
|total future
minimum
lease payments
due
erty
are as follows:|to the charity
from the lease of th|e investmen|
|---|---|---|
||2020|2019|
|||E|
|Within 1year|90,000|195,333|
|Within 2to 5years|||
|Over 5years|||
##
||||||2020|2019|
|---|---|---|---|---|---|---|
|Financial|asset|at|Fair|Value|834,312|802,680|
##
|Detailed Statement of|Fina|ncial Activities for the year ended 3|1December 2020||
|---|---|---|---|---|
||||31.12.20|31.12.19|
|INCOME AND ENDOWMENTS|||||
|Other trading activities|||||
|Pine Ridge Golf Centre|—rental income and charges||200,111|195,333|
|Other rental income|||17,046|16,836|
||||217,157|212,169|
|Investment
income|||||
|Other fixed asset investment||—Fll|19,681|21,407|
|Deposit account interest||||6|
||||19,681|21,413|
|Other income|||||
|Charitable
donation|||5,000||
|Bank compensation
income|||||
|Total incoming resources|||241,838|233,926|
|EXPENDITURE|||||
|Investment
management
costs|||||
|Portfolio management|||7,446|7,493|
|Charitable
activities|||||
|Wages|||17,091|18,019|
|Office costs|||947|3,995|
|Grants to institutions|||36,110|62,566|
|Grants to individuals|||56,649|72,212|
||||110,797|156,792|
|Other|||||
|Insurances
and property|costs||708|678|
|Estate costs|||8,937|1,840|
|Retiring trustees'
dinner||||375|
||||9,645|2,893|
|Support costs|||||
|Governance
costs|||||
|Telephone|||450|714|
|Accountancy
and legal fees|||3,077|13,370|
||||3,527|14,084|
|Total resources expended|||131,415|181,261|
|Net income/(expenditure)||before gains and losses|110,423|52,665|
|Realised recognised gains||and losses|||
|Realised gains/(losses)|on fixed asset investments||(6,563)||
|Net income/(expenditure)|||103460|52,665|