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2021-12-31-accounts

Contents Pages
Report ofthe trustees 1-5
Independent Examiner's report
Statement of finandal activities
Balance sheet
Notes forming part of the financial statements 9-18

2021 2020
Unrestricted Restricted Total Unrestricted Restri cted Total
Endowment funds Endowment
funds funds
Note
Income and
endowments from:
Rental income 201,810 201,810 217,157 217,157
Investments 19,852 19,852 19,681 19,681
Other income 5,000 5,000
Total income 221,662 221,662 241,838 241,838
Expenditure on:
Raising funds 9,215 9,215 9,404 (1,958) 7,446
Charitable
activities
Grants to 68,471 68371 56,649 56,649
individuals
Grants to 96,215 96415 36,110 36,110
institutions
Office costs 9,959 9,959 8,268 18,488
Governance costs 23,884 23,884 13,297 13,297
Other 7,134 7,134 9,645 9,645
Total 214,878 214,878 133,373 (1,958) 131,415
expenditure
Net 38,222 74,195 112+17 19,239 37,345 56,584
gains/(losses) on
investments
Net income/ 45,006 74,195 119,201 127,704 39,303 167,007
(expenditure)/
Net movement in
funds
Reconciliation of
funds
Total funds 620,614 3,212,876 3,833,490 492,912 3,173,572 3,666,484
brought forward
Total funds 665,620 3,287,071 3,952,691 620,614 3,212,876 3,833390
carried forward

Notes Unrestricted Restricted Restricted 31.12.21 Unrestricte d Restricted 31.12.20
fund Endowment Total d Endowment Total
fund funds fund funds
6
Investments
Financial
investments		 388,483 590,116 978499 339,426 494,886 834,312
Investment
property		 13 2,750,000 2,750,000 2,750,000 2,750,000
388,483 3340,116 3,728599 339,426 3,224,886 3,584,312
CURRENT
ASSETS
Debtors 14 25,218 25418 1,453 1,453
Cash atbank 289,663 289,663 303,476 303876
314,881 314~1 304,929 304,929
CREDITORS
Amounts
falling
due
within		 one 15 (37,744) (53,045) (90,789) (23,741) (32,010) (55,751)
year
NET
CURRENT 277,137 (53,045) 224,092 281,188 (32,010) 249,178
ASSETS
TOTAL ASSETS
LESSCURRENT 665,620 3,287,071 3,952,691 620,614 3,212,876 3,833,490
LIABILITIES
NET ASSETS 665,620 3,287,071 3,952,691 620,614 3,212,876 3,833,490
FUNDS 17
Unrestricted funds 665,620 620,614
Restricted funds 3,287,071 3,212,876
TOTAL 3,952,691 3,833,490
FUNDS
Td
2'
dd		 t t t pp dbytd T t ....!.3..I22.22yt(...2022 d td
d
on their behalf by:
SStrachan FSmithin
Trustee Trustee

3.RENTAL INCOME
31.12.21 31.12.20
Pine Ridge Golf Centre —rental income 183,574 200,111
and charges
Other rental income 18,236 17,046
201,810 217,157
4,INVESTMENT INCOME
31.12.21 31.12.20
Income from listed investments 19,852 19,681
19,852 19,681
5.OTHER INCOME
31.12.21 31.12.20
Charitable donation 5,000
5,000
6.RAISING FUNDS
31.12.21 31.12.20
Investment management costs
Portfolio management 9,215 7,446

7.GRANTS PAYABLE
31.12.21 31.12.20
Grants to individuals 68,471 56,469
Grants to institutions 96,215 36,110
164,686 92,579
The total grants paid to institutions during the year was asfollows:
31.12.21 31.12.20
Kings International
School		 15,000
South Camberley
School
Cross Farm Infants School 1,750
Collingwood
College		 15,000
Camberley Job Club 2,000
Heather Ridge 3,500 4,000
Cordwalles
Junior School		 10,000
StMary's Church 5,000
Camberley
Care		 1,500
Common Ground 2,000
Frimley PCC 1,000
The Grove Primary School 1,750
St.AndreWs Chmch 3,000
Surrey Heath Age Concern 1,000
Prior Heath Infants School 2,500
Field Lane 2,000
Surrey Heath Neighbourhood Watch 2,000
Hope Hub 4,051 4,695
Camberley
Citizens Advice		 Bureau 4,167
Phyllis Tuckwell Hospice 7,000 10,000
St.Martin's
Church		 5,000
Homestart 10,000
High Cross Church 3,000
St.Mary's Church 3,400
Grants ofless than E1,000 1,764
96,215 36,110

31.12.21 31.12.20
Independent Examiner's fee 2,610
Data Protection Registrar's fee 35 35
Payroll costs 432
Legal advice 8,971
Administrator costs 11,720 10,220
13,297
9.OTHER
31.12.21 31.12,20
Insurances
and other property		 costs 6,611 9,645
Dinner to mark the retirement ofTrustees
7,134 9,645

STAFFCOSTS
31.12.21 31.12.20
Wages and salaries 8,767 6,871
The average number ofemployees during the year was as follows:
31.12.21 31.12.20
Administration 1 1

No employees
received emoluments
in excess off
FIXEDASSETINVESTMENTS		 '60,000.
Listed
investments
FAIR VALUE
At 1January 2021 834,312
Additions 241,106
Disposals (192,355)
Fair value movements 95,536
At 31December 2021 978,599

INVESTMENT PROPERTY
FAIR VALUE
At 1January 2021 2,750,000
Fair value movement
At 31December 2021 2,750,000

14.DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.21 31.12.20
Accrued income 24,655 350
prepayments 563 1,103
25418 1,453

15.CREDITORS:AMOUNTS
FALLING DUEWI		 THIN ONE YEAR
31.12.21 31.12.20
Trade creditors 1,130
Accrual for grants payable 1,916
Other creditors 58,243 36,751
Rent received in advance 29,500 19,000
90,789 55,751

At Net At
01.01.21 movement 31.12.21
in funds
Unrestricted
funds
General funds 272,704 6,784 279,488
Financial investments 347,910 38,222 386,132
Restricted funds
Permanent
Endowment		 fund 3,212,876 74,195 3,287,071
TOTALFUNDS 3,883,490 119,201 3,952,691
Incoming Resources Gains and Movement
in
resources expended losses funds
6
Unrestricted
funds
General fund 221,662 (214,878) 6,784
Finandal
investments		 38,222 38,222
Restricted funds
Permanent
Endowment		 fund 74,195 74,195
TOTALFUNDS 221,662 214,878) 112,417 119,201
Comparatives
for movement		 in funds
At Net At
01.01.20 movement 31.12.20
in funds
Unrestricted
funds
General fund 164,241 108364 272,704
Financial investments 328,671 19,239 347,910
Restricted funds
Permanent
Endowment		 fund 3,173,572 39,303 3,212876
TOTAL FUNDS 3,666,484 167,006 3,833,490

Incoming Resources Gains and Movement
resources expended losses in funds
Unrestricted funds
General fund 241,838 (133374) 108364
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
18.ANALYSIS OFFUNDS
Fixed Current Current Total
Assets Assets Liabilities
At 31-12-21
Unrestricted 388,483 314,881 37,744 665,620
Restricted 3,340,116 53,045 3,287,071
3,728,599 314,881 90,789 3,952,691
At 31-12-20
Unrestricted 339,426 304,929 23,741 620,614
Restricted 3~4,886 32,010 3,212,876
3,584,312 304,929 55,751 3,f83890

e payable as set out below:
2021 2020
Within 1year 114 574
Within 2to5years
Over 5years

total future
minimum
lease payments
due
perty are as follows:		 to the charity
from the lease of th		 e investmen
2021 2020
Within 1year 90,000 90,000
Within 2to5years
Over 5years
2021 2020
E
Financial asset atFair Value 978599 834,312

Detailed Statement of Fi nancial Activities for the year ended 31December 2021
31.12.21 31.12.20
E
INCOME AND ENDOWMENTS
Other trading activities
Pine Ridge Golf Centre - rental income and charges 183,574 200,111
Other rental income 18,236 17,046
201/10 217,157
Investment
income
Income from listed investments 19,852 19,681
19'52 19,681
Other income
Charitable
donation		 5,000
Total incoming resomces 221,662 241,838
EXPENDITURE
Investment
management		 costs
Portfolio management 9,215 7,446
Charitable
achvities
Wages 8,767 6,871
Office costs 888 947
Grants to institutions 96,215 36,110
Grants to individuals 68,471 56,649
174~1 100577
Other
Insurances
and property		 costs 794 708
Estate costs 5,817 8,937
Retiring trustees'
dinner		 523
7,134 9,645
Support costs
Governance
costs
Telephone 304 450
Accountancy
and legal fees		 12,164 3,077
Administrator
fees		 11,720 10,220
24,188 13,747
Total resources expended 214878 131,415
Net income/(expenditure) before gains and losses 6,784 110+23
Realised recognised gains and losses
Realised gains/(losses) on fixed asset investments 16,880 (6,563)
Net income/(expenditure) 23,664 103,860
This page does not form part ofthe statutory financial statements.