##
##
##
|Reference details for the Trust|2|
|---|---|
|Trustees Report
Audit Report
Consolidated
Statement of Financial Activities|3
36
40|
|Trust Statement of Financial Activities|42|
|Consolidated
Balance Sheet|43|
|Trust Balance Sheet|45|
|Consolidated
Statement ofCash Flows|47|
|Notes to the financial statements|48|
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|
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|
|||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Andrew's
Estate|Agents||di|sclos|e|our energy|use and|g|r|eenhouse|gas em||i|ssions||in|
|ine with the requirements||||ofthe||Companies|Act 2006||(Strategic||and Directors'||||||
|Reports) Regulations||2013and|||latest 2018||regulations.||||||||||
|||||||93,296|128/01||-27.3%||17|||24
$7-|-27.1%
-
li||
|Gmss Annual Total|||||2,2$52I33||2,3922%2|||-7.7%|295||319|||-7.4%|
|Intensity fdetrlc(Number|efgmpl||east||||462
068|||1.5%|1||~|462
1|-100.0%||
|NetAnnualrotal|||||1,2852N$1,392+It|||||-7.7%|295|||319||-7.4%|
|Table 1rprimary Statement for||Andrew's||Estate Agents|||||||||||||
|The,a
se|ne||t|e||gco
1rge
3em
lonsa fo|||||||||||
|||||||||||||||71|-3||
|Scope2
pa 2
Scope3
ulb'
Total (madret based)||||||1,004,323
67,257
fr285835 7
'
1&5,833|976,924
9 6' 24
$3,22$ 1r39b842
1,3922%2|'
-'~||2.$%
2,$%
-19.2%
-717%
-7.7%|2$4
228
2$4,228
15
20
295
'
319 ".
295
319||||'|2.8%
2.$%
-22.6%
-73%
-7.3%|
|Table gr Greenhouse
Gas gmbslons
i
s|||forAndrews
o Nl
i|||gstate Agents
i
do~iud||||i i.|||||||
##
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#
#
#
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##
|||||||||As restated|
|---|---|---|---|---|---|---|---|---|
||||||Restricted|Unrestdcted|Total|Total|
||||||funds|funds|funds|funds|
||||||2021|2021|2021|2020|
|||||Note|5|6|5|5|
|Income from:|||||||||
|Donations
and grants||||4|258,512|141,027|399,53$|24,982|
|Other trading
activities||||5||23,604,306|23,604,306|19,990,049|
|Investments||||||279,750|27$,750|591,966|
|Other income||||||167,338|15'7,338|2,142211|
|Total income|||||268,S12|24,182,610|24,441,022|22 749,208|
|Expenditure
on:|||||||||
|Raising funds||||||26,1$8,783|26,190,783|23,315,513|
|Charitable
activities|||||3,068|650,824|654,793|450,024|
|Total expenditure|||||3,$6926,850,607||26,854,576|23,755,537|
|Net incomel(expenditure)|||before net||||||
|gains/(losses)
on|investments||||254,543|(2,668,097)|(2,413,564)|(1,016,329)|
|Net gains/(losses)|on|investments||||563,5$3|S63,503|(601,848)|
|Net incomel(expenditure)|||before||||||
|taxatlon|||||264,543|(2,104,504)|(1,649,061)|(1,818,177)|
|Taxation||||||(61,446)|(01,446)||
|Net Incomel(expenditure)|||after||||||
|taxation|||||254,543|(2,165,94$)|(1,911,406)|(1,816,177)|
|Transfers
between|funds|||26|(100,000)|100,000|||
|Transfers
to Non controlling|||interest|25||||(135,106)|
|Net movement
in|funds before other||||||||
|recognised losses|||||164,543|(2,066,949)|(1,911,406)|(1,953,283)|
|Other recognised|losses:||||||||
|Losses on revaluation||offixed assets||||80,000|80,000|(320,467)|
|Net movement
in|funds||||154,643|(1,086,048)|(1,831,406)|(2273,530)|
##
##
|||||||||As resisted|
|---|---|---|---|---|---|---|---|---|
||||||Restricted|Unrestricted|Total|Total|
||||||funds|funds|funds|funds|
|||||Note|2021
6|2021
6|2021
2|2020f|
|Reconcglation
offunds:|||||||||
|Total funds brought forward (restated)|||||83,231|17,213,017|17,2$8,248|19,569,998|
|Net income((expenditure)
the parent Trust||attributable|to||154,543|(2,820,642)|(2,474,$0$)|(894,531)|
|Net gains sgributable
Trust|to|the parent||||643,6$3|643,593|('l,054,019)|
||||||237,774|16,227,060|16,464,842|17,621,448|
|Net income attributable||to non-|||||||
|controlling
interests||||||||(121,799)|
|Transfers stuibutable|to non-controlling||||||||
|interests||||||||(135,100)|
|Net gains attiibutabts
interests|to non~trolling|||||||(68,295)|
|Total funds carried forward|||||237,774|15,227,068|15,464,842|17,29E248|
##
##
||||||Restricted|Unrestricted|Total|Tote/|
|---|---|---|---|---|---|---|---|---|
||||||funds|funds|funds|funds|
||||||2021|2021|2021|2020|
||||||6|6|6|5|
|Income from:|||||||||
|Donations
and grants|||||2,122,221|141,007|2,263,228|24,982|
|Charilable
activities||||||60,320|80,320|158,099|
|Distribution
from Andrews
6 Parlners||||Limited||27,426|27,426|725,440|
|Other||||||200,497|200,4$7|43,558|
|Total income|||||2,122,221|429,260|2,651~71|952,079|
|Expenditure
on:|||||||||
|Charitable
activities||||||(854,793)|(654,793)|(450,024)|
|Total expenditure||||||(664,7$3)|($64,793)|(450,024)|
|Net income/(loss)|before Investment||||||||
|gains/(losses)|||||2,122,221|(225,543)|1,896,678|502,055|
|Net gsins/(hsses)|on|investments||||121,504|121,504|(187,314)|
|Net gains/(losses)|on|investment|properties|||7,089|7,089|(500,000)|
|Net gains/(losses)
gains and losses|before other||recognised||2,122.221|(86,850)|2,025,271|(185,259)|
|Transfer between funds|||||(100,000)|100,000|||
|Losses on revaluation||ofinvestments||in|||||
|subsidia des||||||(2,550,437)|(2,660,437)|(644,455)|
|Net movement
In|funds||||2,022,221|(2,547,387)|(525,166)|(1,029,725)|
|Reconcgiation
of|funds:||||||||
|Total funds brought|foiward||||83,231|15,900,527|15,983,768|17,013,483|
|Movement
in funds|||||2,022,221|(2,547,387)|(626,166)|(1,029,725)|
|Total funds carried||forward|||2,106,452|13,353,140|16/68,692|15,983,758|
##
||CONSOLIDATED|CONSOLIDATED|BALANCE SHEET|||
|---|---|---|---|---|---|
|||AS AT31DECEISBER 2021||||
||||||Resfefed|
|||Note|2021
6||2020f|
|Fixed assets||||||
|Intangible assets||14|454,637||282,268|
|Tangible assets||15|5,115,704||4,405,355|
|Investments||17|1,102,826||918,298|
|Social investments||18|3,280,865||1,561,502|
|Investment
property||16|4,521,773||3,895.000|
||||14,476,706||1f,043,423|
|Current assels||||||
|Debtors||19|2,609,067|2800,447||
|Cash at bank and in|hand|30|6898,355|9,612407||
||||9,107822|12,4'l2 851||
|Creditors: amounts
year|falling due within one|20|(4,479,787)|(2,765,958)||
|Net current assets|||4,627,836||9,645,896|
|Total assets less current EabSltles|||18,103,340||20,690,319|
|Creditors: amounts
than one year|falling due after more|21|(2,900,000)||(2,500,000)|
|Provisions for liabilities||24|(736/88)||(894,071)|
|Total net assets|||15,464,842||17,29E248|
##
##
##
|||TRUST BALANCE SHEET|TRUST BALANCE SHEET||||
|---|---|---|---|---|---|---|
|||AS AT31DECEMBER 2021|||||
|||||2021||2020|
|||||||5|
|Fixed assets|||||||
|Tangible assets
Investments||15
17||281,615
$,874,162||f59,351
10,376,382|
|Social investments||18||3,280,865||1,561,502|
|Investment
properly||18||3,071,773||3,000,000|
|||||16,608,415||f5,097,235|
|Current assets|||||||
|Debtors||19|27,246||354,050||
|Cash st bank and in hand|||576,728||711,515||
||||602,973||1.055,575||
|Creditors: amounts
year|falling due within one|20|(152,7$6)||(f79.052)||
|Net current assets||||450,177||886,523|
|Creditors: amounts
than one year|falling due after more|21||(1,500,000)|||
|Total net assets||||15,458,6$2||15,983,758|
##
##
|||||2021||2020|
|---|---|---|---|---|---|---|
|||Note||E|||
|Charity funds|||||||
|Restricted
funds||26||2,106,452||83,231|
|Unrestricted
funds|||||||
|Generalfunds||26|13,353,140||15,000,527||
|Total unrestricted|funds|26||13,353,140||15,900,527|
|Total funds||||15,458,6$2||15983758|
##
##
|||||Note|2021
5|2020
f|
|---|---|---|---|---|---|---|
|Cash flows from operating
activities|||||||
|Net cash used in operating
activities||||29|(1,512,888)|(1,739,502)|
|Cash flows from investing
activities|||||||
|Dividends,
interests and rents from|investments||||279,750|259,810|
|Purchase ofsocial investments|||||(1,S13,824)||
|Proceeds from the sale of tangible fixed assets|||||453,334|68,671|
|Purchase ofintangible assets|||||(234,000)||
|Purchase oftangible fixed assets and social|||investmsnts||(1,$13,861)|(144,174)|
|Purchase ofinvestment
properties|||||(120,000)||
|Purchase ofinvestments||||||(25,IM0)|
|Profit on disposal of branch||||||322,f55|
|Government
grants received|||||49,778|2,029,510|
|Cash on merger with CBPT|||||$9,229||
|Net cash (used in)/provided
by investing|||activities||(3,199,S86)|2,620,973|
|Cash flows from financing
activities|||||||
|Repayments
of borrowing||||||(92,703)|
|Interest paid|||||(24,727)|(5,422)|
|Nsw bankloans|||||1,500,000|2500,000|
|Dividends
paid to minority
interest||||||(135,106)|
|Other new loans|||||160,000||
|Hire purchase|||||(26,763)||
|Net cash provided
by financing|actlviths||||1,6$8,520|2,286,769|
|Change
in cash and cash equivalents||In|the year||(3,114,052)|3,048,140|
|Cash and cash equivalents
at the|beginning||ofthe year||9,612,407|6,564,2S7|
|Cash snd cash equivalents
atthe end of|||the year|30|6898,355|9,512,407|
|The notes on pages 46to 83form|part ofthese financial statements||||||
##
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##
||||Restricted|Unrestricted|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|funds|funds|
||||2021|2021|2021|2020|
||||6|6|6||
|Donations|and grants||100,000|141,027|241,027|24,982|
|Donation
Promotion|from merger with Christian
Trust|Book|158,512||158,512||
||||258,512|141,027|369,538|24,982|
|Total 2020||||24,982|24,982||
##
##
##
||||||||Total|
|---|---|---|---|---|---|---|---|
||||||Unrestricted|Total|funds|
||||||funds|funds|Restated|
||||||2021
6|2021
6|2020f|
|Consolidated|turnover|ofAndrews|&Partners|Limited|23,604,395|23,604,395|19,990,049|
|Total 2020|||||19,990,049|19,990,049||
|An analysis ofthe consolidated
turnover ofAndrews|snd Partners
by class ofturnover isas f|ollows:|
|---|---|---|
|||Res!sled|
||2021
6|2020f|
|Estate agency|s,ysa,ass|7,292 273|
|Conveyancing|828,787|548,136|
|Financial services|3,084,656|2,710,395|
|Letting and management|a,ya5,863|9,341,245|
||23,604,366|19.890,049|
|||Page 55|
##
##
##
##
|||||Unrestricted|Total|Total|
|---|---|---|---|---|---|---|
|||||funds|funds|funds|
|||||2021|2021|2020|
||||||6|6|
|Arising from|investment|properties||152,378|1S2,378|43,558|
|Arising from|listed investments|||48,116|48,116|88,875|
|Arising from|social investments|||60,320|60,320|69,224|
|Interest receivable||||18,936|18,936|SE153|
|Profit on disposal ofbranch||||||322,156|
|||||279,750|279,750|591,966|
|Total 2020||||591,965|591,9S6||
|Other incoming resources|||||||
|||||Unrestricted|Total|Total|
|||||funds|funds|funds|
|||||2021|2021|2020|
||||||6|5|
|Government|grants: Coronavirus||Job Retention Scheme|49,776|49,776|1,364,510|
|Rental income||||107,022|107,022|83,299|
|Insurance
income||||540|540|29,402|
|Government|grant income: Rates||relief grant|||665,000|
|||||157,338|157,338|2,142211|
|Total 2020||||2,142,211|2,142,211||
##
##
##
##
||Grants to|Total|Total|
|---|---|---|---|
||Institutions|funds|funds|
||2021|2021|2020|
||E|E||
|Grants, Establish young people|36,670|36,670|37,000|
|Grants, Carsrs|45,000|46,000|45,332|
|Grants, Relief of poverty|177,861|177,881|142,559|
|Grants, Christian|72,000|72,000||
|Grants, Speaking Volumes|18,887|18,887||
||350,218|360,218|296,89'I|
|Tll2020|295,891|296,891||
##
##
||||Restricted|Unrestricted|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|funds|funds|
||||2021|2021|2021|2020|
||||E||E|E|
|Summary|by fund type||||||
|Establish-young||people|3.969|64,594|88,563|93,032|
|Carere||||84,135|84&136|52,270|
|Relief of poverty||||332,187|332,167|195,821|
|Christian||||134,816|134,618|98,901|
|Speaking Volumes||||35,312|35,312||
|Total2021|||3,969|650,824|664,793|450,024|
|Total 2020||||450024|450,024||
##
##
##
|||Activities|Grant||||
|---|---|---|---|---|---|---|
|||undertaken|funding of|Support|Total|Tolel|
|||directly|activities|COStS|funds|funds|
|||2021f|2021|2021f|2021|2020f|
|Establish-young|people|118,146|36,670|19,757|174,573|93,032|
|Carere|||45,000|23,921|68,921|62,270|
|Relief of poverty|||177,661|94,440|272,101|195,821|
|Christian|||72,000|38,273|110,273|98,901|
|Speaking Volumes|||18,887|10.038|28,925||
|Total2021||118,146|350,218|186,429|654,793|450,024|
|Total 2020||57,113|295,891|96,020|450,024||
##
||Estabgsh|||
|---|---|---|---|
||young|Total|Total|
||people|funds|funds|
||2021f|2021f|2020f|
|Depreciation|54,439|54,439|21,268|
|Promotion expenses|||2,115|
|Property expenses|13,178|13,178|33,730|
|Professional fee expenses|50,529|50,529||
|Total 2021|118,146|118,146|57,113|
|Total 2020|57,113|57,113||
##
##
##
|||Establish||||
|---|---|---|---|---|---|
|||young||Relief of||
|||people
2021|Carers
2021|poverty
2021|Chrhrtian
2021|
|||6||2||
|Staff costs||10,680|13,107|51,745|20,971|
|Office costs||7,870|9,658|38,129|15,452|
|Auditor's
remuneration||942|1,156|4,566|1,850|
|Trustees' expenses||265||||
|Professional|snd legal fees|||||
|Total2021||'l9,757|23,921|94,440|38,273|
|Tolsl 2020||fe,e53|13,481|42,328|2'l,378|
||||Speaking|Total|Tolsl|
||||Volumes|funds|funds|
||||2021|2021|2020|
||||6|6||
|Staff costs|||5,501|102,004|74,451|
|Office costs|||4,053|76,182|6,387|
|Auditor's
remuneration|||484|8,998|3,280|
|Trustees' expenses||||266|338|
|Professional|snd legal fees||||11,564|
|Total 2021|||10,038|186428|96,020|
|Tl2020||||96,020||
##
##
##
##
|Auditor's
remuneration|||||
|---|---|---|---|---|
||||2021
5|2020f|
|Fees payable to the Trust's auditor|for the audit ofthe Trust's annual||||
|accounts|||7,000||
|Fees payable to the Trust's auditor|in respect of:||||
|Auditing offinancial statements
of|subsidiadies|ofthe Trust|30,000|30,000|
|Taxation compliance
services|||11,500|11,500|
|All non-audit
services not included|above||6,000|6,000|
##
|Staff costs|||||||||
|---|---|---|---|---|---|---|---|---|
||||||Group|Gmup|Trust|Trust|
||||||2021
6|2020f|2021
6|2020
5|
|Wages and|salaries|||14,177,682||12,780,842|87,oaa|63,095|
|Social security costs||||1,466,184||1.305.792|a,ao7|5,697|
|Contribution|to defined contdbution|pension|||||||
|schemes|||||468,960|475,577|5,308|4,659|
|||||16,112,746||14,565,211|102,004|74,451|
|During the|financial year the Group|made termination|||payments|of5239,040 (2020:582,373).At||the year|
|end 8160,000(2020:ENilj was included|||within accruals.||||||
|The average number ofpemons employed||||by the Trust during||the year was as follows:|||
||||||Gmup|Gmup|Trust|Trust|
||||||2021|2020|2021|2020|
||||||No.|No.|No.|No.|
|Estate Agency|||||taa|218|||
|Lettings|||||180|127|||
|Charitable|activities||||3|2|||
|Admin and|support||||87|119|||
||||||465|456|||
##
##
##
##
|||||Group|Group|
|---|---|---|---|---|---|
|||||2021|2020|
|||||No.|No.|
|In|the|band|560,001 - 870,000|14||
|In|the|band|670,001 - 880,000|5||
|In|the|band|f80,001 - 890,000|2||
|In|the|band|f100,001 - F110,000|1||
|In|the|band|8110,001 - 5120,000|||
|In|the|band|5150,001 -f160,000|||
|In|the|band|8180,001 - 8190,000|||
|In|the|band|f'220, 001 -f230,000|||
|In|ths|band|2260,001 - 8270,000|||
|In|the|band|5290,001 - 2300,000|||
##
##
##
##
##
##
##
##
|||Long4erm|Short&arm||||
|---|---|---|---|---|---|---|
||Freehold|leasehold|leasehold|Motor|Fixtures||
||property
8|property
K|property
8|vehicles
8|and fittings
8|Total
K|
|Cost orvaluation|||||||
|At 1 January 2021
(Restated)|3,070,000||238,5$7|1,086,805|11,40S,482|16,800,884|
|Additions|120,000|200,000|||1,6$3,851|1,813,851|
|Disposals|(465,000)|||(171,182)|(3$0,$6$)|(867,160)|
|Revaluations|135,000|(60,000)|(6,000)|||80,000|
|At 31 December 2021|2,870,000|150,000|233,5$7|$15,613|12,838,375|16,807,586|
|Depreciation|||||||
|At 1 January 2021|12,133||1T1,161|874,385|10,33$,850|11,384,528|
|Charge for the year|||2,004|54,T08|768,S63|815,276|
|On disposals||||(144,832)|(3$0,$68)|(606,7$0)|
|On revalued assets|(12,133)|||||(12,133)|
|At 31 December 2021|||173,165|784,261|10,734,455|11,6$1,881|
|Net book value|||||||
|At 31December 2021|2,870,000|160,000|60,432|131,352|1,$03,820|6,116,704|
|At 31December 2020|3,057,867||67,436|212,420|1,068,532|4,408,355|
##
##
##
##
##
|||Freehold|
|---|---|---|
|||Investment|
|||property
5|
|Valuation|||
|At 1 January 2021 (Restated)||3,855,000|
|Additions||120,000|
|Gain on|revaluation|442,086|
|Transfem|in year from social investments|64,684|
|At 31 December 2021||4,521,773|
||Freehold|
|---|---|
||Investment|
||property
5|
|Valuation||
|At 1 January 2021|3,000,000|
|Gain on revaluation|7,089|
|Transfers
in year from social investments|64,684|
|At 31December 2021|3,071,773|
##
##
|||Group|Group|Company|Company|
|---|---|---|---|---|---|
|||2021|2020|2021|2020|
|||6||8|6|
|Historic cost||4,107,686|3,667,595|67,686|57,595|
|Historic accumulated|depreciation|(2,679,837)|(2615,3f7)|(4,377)|(3,225)|
|Net book value||1,427,768|f,052,276|63,218|54,370|
##
##
##
##
##
##
##
##
##
|18.|Social investments||||||
|---|---|---|---|---|---|---|
||Group and Trust||||||
||||||Mustard||
||||||Seed||
|||||Establish|Properties|Total|
||||||6|2|
||Cost orvaluation||||||
||At 1 January 2021|||1,870/88|50000|I,620,469|
||Additions|||1,813,824||1,813,824|
||Transfers to investment||property|(84,684)||(64,684)|
|||||3,319,608|50,000|3,369,609|
||Depreciation||||||
||At 1 January 2021|||68,966||58,966|
||Charge for the year|||28,778||29,778|
|||||88,744||88,744|
||Net book value||||||
||At 31 December 2021|||3,230,865|50,000|3,280,865|
||At 31 December 2020|||1,S11,503|50,000|1,551,503|
||Social investments|comprise:|||||
|||||Property|Total|Total|
|||||2021
6|2021f|2020|
|||||3,230,865|3,230,86S|1,511,502|
||Establish||||||
|||||Property|Total|Total|
|||||2021
6|2021f|2020f|
|||||50,000|50,000|50,000|
||Mustard Seed Properties||||||
##
##
##
##
||||Group|Group|Trust|Trust|
|---|---|---|---|---|---|---|
||||2021|2020|2021|2020|
||||E|E|E|E|
|Trade debtors|||1,472,882|1,531,298|24,658||
|Amounts|owed by group undertakings|||||354,080|
|Other debtors|||156,828|222 840|||
|Prepayments||and accrued income|65$,585|377,429|2,687||
|Deferred|taxation||31$,674|669,082|||
||||2,608,067|2,800,447|27,245|354,080|
##
##
||||Group||Trust|
|---|---|---|---|---|---|
|||Group|As resisted|Trust|As restated|
|||2021
E|2020f|2021
E|2020
E|
|Bank loans||1,260,000||||
|Obligations
under finance lease and hire||||||
|purchase contracts|||26,753|||
|Trade creditors||684,723|27,218|11,$10||
|Amounts
owed to group undertakings||||30,066||
|Corporation
tax|||38,289|||
|Other taxation and social security||$33,858|1,204,103|||
|Other cmdttors||182,333|153,304|33,350|33,350|
|Accruals and deferred|income|1,618,873|1,318,313|77,470|145,702|
|||4,47$,787|2765,95S|152,7$6|179,052|
##
##
##
##
##
##
##
##
|||||2021f|2020f|
|---|---|---|---|---|---|
|Charge|for|the|year||2 f57|
||||||2157|
|The deferred|tax balance is made up as follows:|||
|---|---|---|---|
|||Group|Group|
|||2021
6|2020f|
|Accelerated|capital allowances|281,662|220,376|
|Losses|||424,946|
|Capital (gains)/losses||(23,750)||
|Other short|term timing differences|61,762|21,603|
|||$10,674|668,925|
##
##
##
##
##
##
##
##
##
##
##
##
|Statement offun|ds - current yea|r|||||
|---|---|---|---|---|---|---|
|||||||Balance at|
||Balance at 1|||||31|
||January
2021|Income
E|Expenditure
5|Transfers
inlout
2|Gainer
(Losses)
6|December
2021|
|Unrestricted|||||||
|funds|||||||
|Charitable
General Fund|3,457,189|401,864|(650,821)|1,828,443||5,036,675|
|Investment|||||||
|Property|||||||
|Revaluation|||||||
|Reserve|3,000,000||||7,089|3,007,088|
|Investment|||||||
|Revaluation
Reserve|1,783,166||||121,504|1,804,670|
|Trading Group
General Reserve|6,933,969|23,780,646|(26,261,231)||436,000|3,888,374|
|Non-ccntro0ing
interest|1,728,443|||(1,728,443)|||
|Trading Group|||||||
|Revaluation
Reserve|1,310,260||||80,000|1,3$0,260|
||17,213,017|24,182,610|(26,812,062)|100,000|643,693|16,227,06$|
|Restricted|||||||
|funds|||||||
|Establish|83,231|100,000||(100,000)||83,231|
|Speaking
volumes||158,512|(3,969)|||154,543|
||83,231|258,512|(3,969)|(100,000)||237,774|
|Total offunds|17,2$$,248|24,441,022|(26,916,021)||643,693|15rl64,842|
##
##
##
|Statement offunds|Statement offunds|{continued)|{continued)||||||
|---|---|---|---|---|---|---|---|---|
|Statement offunds||- prior year - restated|||||||
|||||||||Balance at|
|||Science et||||||31|
|||1January||||Transfers|Gains'|December|
|||2020|Income||Expendilure|infout|(Losses)|2020|
|||6||6|E|6|E|E|
|Unrestricted|||||||||
|funds|||||||||
|Charitable|||||||||
|General|Fund|2955,134|226,639||(450,024)|725,440||3,457,189|
|Investment|||||||||
|Property|||||||||
|Revaluation|||||||||
|Reserve|||||||(500,000)|3,000.000|
|Investment|||||||||
|Revaluation|||||||||
|Reserve||1,970,480|||||('l87,314)|1,783,1SS|
|Trading|Group||||||||
|General|Reserve|S,707,935|22,522,569||(23,315,513)|(636,462)|655430|5,933,959|
|Non-controlling|||||||||
|interest||2,020,822||||(224,084)|(68,295)|1.728,443|
|Trading|Group||||||||
|Revaluation|||||||||
|Reserve||1,605,422|||||(295,162)|1,310,260|
|||18,759,793|22,749,208||(23,765537)|(135,106)|(395341)|17213,017|
|Restricted|||||||||
|funds|||||||||
|Establish||83,231||||||83,231|
|Totalof|funds|18,843,024|22749,|208|(23,765,537)|(135,106)|(395,341)|17296,248|
##
##
##
||||Balance at 1
Jan**ua**
2021
an
ry||ExPs|turn|Transfers
in/out|Transfers
in/out|Transfers
in/out|Gains I
(Losses)|Balance at 31
December
2021|
|---|---|---|---|---|---|---|---|---|---|---|---|
|Unrestricted||funds||||||||||
|Charitable
Fund|General||12,900,527|429,250|(654,793)|||100,000||(2,428,933)|10,346,051|
|Inurstment
Revaluation|Properiy
Resene||3,000.000|||||||r,oso|3,oor, oso|
||||15,900,527|429,250|(654,793)|||100,000||2,421,844|13,353,140|
|Restricted|funds|||||||||||
|Establish|||83,231|100,000||||(100,000)|||83,231|
|Speaking|Volumes|||2,022,221|||||||2,022,221|
||||83,231|2,122,221||||(100,000)||-|2,105,452|
|Total funds|||15,083,758|2,551,471||654,793|||-|(2,421,844|15,468,592|
|Statement||offunds|- prior year - Charity only|||||||||
||||Balance at1
„|Income|Expenditure||TmnMm
I
&
1|||Gains I
(L
N|Balance at 31
December
2021|
|Unmstrlcted||funds||||||||||
|Charitable
Fund|General||13,430,252|952,079|(450,024)||||-|(1,031,780)|12,$00,627|
|Inxestment
Reuriuation||Property
Resene|3,500,000|||||||(500,000)|3,000,000|
||||16,$30,262|$52,079||450,024|||-|1,531,780)|15,000,027|
|Restricted||funds||||||||||
|Establish|||83,231||||||||83,231|
||||03,231||||||||03,231|
|Total funds|||tr,o(3,463|os2,oro||(45o,o24)|||-|(t,s31,76o)|1s,oss,rss|
##
##
##
##
##
##
##
##
||||||Group|Group|
|---|---|---|---|---|---|---|
||||||2021
6|2020
f|
||Net expenditure
for the year||(as per Statement ofFinancial Activities)||(1,911,406)|(1,818,177)|
||Adjustments
for:||||||
||Depreciation
charges||||832,$20|878,501|
||Amortisation
charges||||67,731|45,277|
||Profit on sale offixed assets||||25,274|(44,871)|
||Dividends,
interests|and rents from investments|||(27$,760)|(269,810)|
||Gains/losses
on the|sale ofinvestments|||(121,604)|187,314|
||Government
grants received||||(49,776)|(2,029,510)|
||Decrease in debtors||||1$1,38$|338,585|
||Increase in creditors||||493,078|339,318|
||Taxation credits||||(31,741)|31,509|
||Merger with CBPT||||(158,512)||
||Gainsfiosses
on revaluation||ofinvestment|property|(442,08$)|614,534|
||Interest paid||||24,727|5,422|
||Impairment
ofsocial|investments||||20,940|
||(Decrease)/Increase|in provisions|||(153,318)|282322|
||Profit on disposal of|branch||||(322 156)|
||Net cash used in operating||activities||(2,2(2929(|((.229992(|
|30.|Analysis ofcash and cash||equivalents||||
##
##
##
##
##
##
##
|At 31 December
2021 the Group
snd the Trust
had
com
payments
under non-cancellable
operating leases as follows:|mitments
to make
future
min|imum
hase|
|---|---|---|
||Group|Group|
||2021|2020|
||6||
|Land and buildings|||
|Not later than 1year|1,083,383|970,202|
|Later than 1 year and not later than 5years|2,723,951|2.758,438|
|Later than 5years|1,018,$58|1,277,805|
||4,826,283|5,006,445|
||||||2021|2020|
|---|---|---|---|---|---|---|
||||||5|5|
||Other||||||
||Notlaterthan||1 year||186,986|55,597|
||Later than|1|year and not Inter than 5years||237,86B|95,512|
||||||424,851|162109|
|36.|Operating|leases||~Lessor|||
|Operating|leases
~Lessor|||||
|---|---|---|---|---|---|
|||Group|Gmup|Company|Company|
|||2021|2020|2021|2020|
|||E||5|5|
|Not Inter than 1year||482,'I33|493,350|24$,635|231,535|
|Later than|1 year and not later than 5years|655,614|1,007,060|213,000|426,000|
|Later than|5years|338,865|419,977|||
|||1,476,612|1,920,397|482,535|657,535|
##
##
##