2021-12-31-accounts - Longtown Outdoor Learning Trust

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			Page
Reference and Administrative Details
Trustees' Report		2	to	11
Indepeadeat Examiner's	Report		12
Statement ofFiaancial Activities			13
Balance Sheet		14	to	15
Cash Flow Statement			16
Notes to the Cash Flow	Statemeat		17
Notes to the Fiaancial Stateatents		18	to	30

				2021	2020
		Unrestricted	Restricted	Total	Total
		fund	fund	funds	funds
INCOME ANDENDOWS FROM	Notes			8
Donations and legacies		76,537	13,187	89,724	94,525
Charitable activities
Centre activities and bookings		412,168		412,168	119,585
Other trading activities Investment income Other income		8,635 23 62,673		8,635 24 62,673	4,687 221 3,233
Total		560,036	13,188	573,224	222,251
EXPENDITURE ON
Charitable activities
Centre activities and bookings		375,365	28,377	403,742	313,999
	10	8,298		8,298	22,540
Total		383,663	28,377	412,040	336,539
NET INCOME/(EXPENDITURE)		176,373	(15,189)	161,184	(114,288)
RECONCILIATION OF FUNDS
Total funds brought forward		88,683	15,189	103,872	218,160
TOTAL FUNDS CARRIED FORWARD		265,056		265,056	103,872

				2021	2020
		Unrestricted	Restricted	Total	Total
		fund	fund	funds	funds
	Notes	6	8
FIXEDASSETS
Tangible assets	16	27,835		27,835	36,750
CURRENT ASSETS
Stocks Debtors Cash at bank and in hand	17 18 19	2,204 50,880 252,792	16,813	2,204 50,880 269,605	820 22,028 130,169
		305,876	16,813	322,689	153,017
CREDITORS
Amounts falling due within one year	20	(24,147)		(24,147)	(48,524)
NET CURRENT ASSETS		281,729	16,813	298,542	104,493
TOTAL ASSETSLESSCURRENT
LIABILITIES		309,564	16,813	326,377	141,243
ACCRUALS AND DEFERREDINCOME	22	(44,508)	(16,813)	(61,321)	(37,371)
NETASSETS		265,056		265,056	103,872
FUNDS	23
Unrestricted funds Restricted funds				265,056	88,683 15,189
TOTAL FUNDS				265,056	103,872

			LO	NG	TOWN OUTDOOR LEARNING	TRUST
					CASH FLOW STATEMENT
			FOR		THE YEARENDED 31DECEMBER2021
						2021	2020
					Notes
Cash flows from operating		activities
Cash generated fmm operations					1	139,778	(89,641)
Net cash pmvided by/(used		in) operating			activities	139,778	(89,641)
Cash flows from investing		activities
Purchase oftangible fixed Interest received	assets					(366) 24	(3,780) 221
Net cash used in investing	activities					(342)	(3,559)
Change in cash and cash	equivalents			in
the reporting period Cash and cash equivalents		at tbe				139,436	(93,200)
beginning ofthe reporting		period				130,169	223,369
Cash and cash equivalents		at the	end	of
the reporting peNiod						269,605	130,169

				2021	2020
Net income/(expenditure) for the reporting Statement ofFinancial Activities) Adjustments for:		period (as per the		161,184	(114,288)
Depreciation charges Interest received Increase in stocks (increase)/decrease in debtors Decrease in creditors				9,281 (24) (1,384) (28,852) (427)	12,246 (221) (445) 44,723 (31,656)
Net cash provided by/(used	in) operations			139,778	(89,641)
ANALYSIS OFCHANGES	IN NET FUNDS
Net cash			At 1.1.21 I	Cash flow	At 31.12.21 I
Cash at bank and in hand			130,169	139,436	269,605
			130,169	139,436	269,605
Total			130,169	139,436	269,605

DONATIONS AND LEGACIES
			2021	2020
	Unrestricted	Restricted	Total	Total
	funds	funds	funds	funds
Donations Grants The Wilson Foundation	2,412 40,323 33,802	13,187	2,412 40,323 46,989	f. 8,326 73,344 12,855
	76,537	13,187	89,724	94,525

			2021	2020
Retail, hospitality and leisure grant - Covid-19 Job mtention grant - Covid-19 Apprenticeship grant			24,143 11,180 5,000	f, 27,000 46,344
			40,323	73,344
OTHER TRADING ACTIVITIES
			2021	2020
	Unrestricted	Restricted	Total	Total
Selfcatering Bed and breaklhst Shop income	funds 3,088 3,151 2,396	fundsI	funds 3,088 3,151 2,396	funds 8 4,454 159 74
	8,635		8,635	4,687

						2021	2020
				Unrestricted	Restricted	Total	Total
				funds	funds	funds	funds
							6
	Deposit account interest			23	1	24	221
	INCOME FROM	CHARITABLE ACTIVITIES
						2021	2020
				Activity			6
	Residential educational
	comscs Non residential educational			Centre activities snd bookings		298,144	26,57]
	courses Education advisory Education advisory	training support		Centre activities and bookings Centre activities and bookings Centre activities and bookings		45,892 8,415 59,717	21,864 10,218 60,932
						412,168	119,585
7,	CHARITABLE ACTIVITIES			COSTS
						Grant
						funding of
					Direct	activities
					Costs (see	(seenote
					note 8)	9)	Totals
	Centre activities and	bookings			374,793	28,949	403,742
	DIRECT COSTSOF		CHARITABLE ACTIVITIES
						2021	2020
	Tlustccs' Icnluncfatlon Staffcosts Vehicle hire Rent		ctc			49,232 105,935 7,814 1	6 52,258 155,407 1
	Rates and water Insurance Light and heat Telephone Postage and stationery Advertising					5,351 9,290 18,217 1,013 597 79	2,381 7,838 6,241 850 1,276 126
	Propeny repairs Food and drink Consumables Educational literature					19,077 39,710 353 66	33,995 4,494 2,009 403
	Outside course centres Subcontractors Travelling					7,031 47,038 63	180 1,744 135
	Motor expenses Repairs and renewals					8,319 2,631	6,057 3,337
	Carried forward					321,817	278,732

							2021	2020
Brought forward Cleaning materials Trannng Subsistence		and waste disposal					321,817 9,547 4,426 199	278,732 1,299 2,759 84
Health and safety Computer expenses Sundry expenses Subscriptions Bad debts							3,221 7,744 2,357 2$89 740	1,393 1,769 2,207 483
Bad debts recovered Payroll bureau Bookkeeping Accountancy Legal and professional Bank charges			fees				(1,430) 3,508 1,562 4,100 5,627 27	(5,385) 3,556 4,510 3,889 7,363
Depreciation							9,059	11,340
							374,793	313,999
GRANTS PAYABLE
							2021	2020
Centre activities and		bookings					28,949	6
The total grants paid		to individuals		during the	year was as follows:
							2021	2020
Wilson Foundation LOLTBursary	Bursary						28,377 572
							28,949
OTHER
							2021	2020
					Unrestricted	Restricted	Total	Total
					funds	funds	funds	funds
							6
Trustees' remuneration Vehicle hire			and staffcosts		3,628 191		3,628 191	14,467
Rates and water					131		131	190
Insurance					228		228	626
Light and heat					446		446	499
Telephone Postage and stationery					21 13		21 13	33 50
Adverd sing					2		2	5
Property repairs Food and drink					467 420		467 420	2,717 27
Carried forward					5,547		5,547	18,614

				2021	2020
		Unresiricted	Restricted	Total	Total
		funds	funds	funds	funds
Brought forward Purchases - Shop Subcontractors Motor expenses Repairs and renewals Cleaning materials and TfalIllrig Subsistence Health and safety Computer expenses Sundry expenses Subscriptions Paymll bureau Bookkeeping Accountancy Legal and professional Bank charges	waste disposal fees	5,547 1,198 174 64 234 108 5 79 190 58 56 86 38 100 138 1		5,547 1,198 174 64 234 108 5 79 190 58 56 86 38 100 138 1	18,614 36 139 237 267 104 220 7 111 141 176 39 284 360 311 588
Depreciation		222		222
		8,298		8,298	22,540

TRUST	EES' REMUNERATI	ON AND BENEF	ITS
				2021	2020
Trustees' Trustees' Trustees'	salaries social security pension contributions	to money purchase	schemes	45,789 3,313 1,162	42,083 3,031 9,192
				50,264	54,306

FORTHEYEARENDE STAFFCOSTS	D 31DECEMBER2021
	2021	2020
Wages and salaries Social security costs Other pension costs	g 148,775 7,453 2,567	193,077 6,921 22,134
	158,795	222,132

Included in Wages and salaries are redundancy	Included in Wages and salaries are redundancy	Included in Wages and salaries are redundancy	gNil (2020 - 831,803)
The average monthly	number ofemployees	during the year was as	follows:
Management Tutors Domestic stafF			2021 3 5	2020 5 4
				3
				12

COMPARATIVES FOR THK STATEMENT OFFI	NANCIAL ACTIVITIES
	Unrestricted	Restricted	Total
	fund	fund	funds
INCOME AND ENDOWMENTS FROM
Donations snd legacies	94,525		94,525
Charitable activities
Centre activities and bookings	119,585		119,585
Other trading activities Investment income Other income	4,687 206 3i233	15	4,687 221 3,233
Total	222,236	15	222,251
EXPENDITURE ON
Charitable activities
Centre activities and bookings	309,448	4,551	313,999
	22,540		22,540
Total	331,988	4,551	336,539
NET INCOME/(EXPENDITURE)	(109,752)	(4,536)	(114,288)

	FORTHE YEARENDED 31DECE	FORTHE YEARENDED 31DECE	FORTHE YEARENDED 31DECE	MBER2021	MBER2021
14.	COMPARATIVES FOR THE STATEMENT OFFINANCIAL			ACTIVITIES -continued
				Unrestricted	Restricted	Total
				fund	fund	funds
	RECONCILIATION	OFFUNDS
	Total funds brought forward			198,435	19,725	218,160
	TOTAL FUNDS CARRIED FORWARD			88,683	15,189	103,872
15.	INDEPENDENT EXAMINERS REMUNERATION
					2021	2020
	Fees forthe independent Fees for other financial	examination services	ofthe accounts for the period		2,400 15,984	2,400 15,816
16.	TANGIBLE FIXEDASSETS
				Office
				furniture
			Plant and	all&1	Motor
			equipment	equipment	vehicles	Totals
	COST				8	rc
	At 1January 2021 Additions		25,111 366	4,192	31,586	60,889 366
	At 31December 2021		25,477	4,192	31,586	61,255
	DEPRECIATION
	At 1January 2021 Charge for year		8,746 4,181	1,952 565	13,441 4,535	24,139 9/81
	At 31December 2021		12,927	2,517	17,976	33,420
	NET BOOKVALUE
	At 31December 2021		12,550	1,675	13,610	27,835
	At 31December 2020		16,365	2,240	18,145	36,750

17.	STOCKS	FOR THK Y	EARENDED 31D	ECEMBER2 21
					2021	2020
	Stocks				2,204	820
1$.	DEBTORSt	AMOUNTS FALLING DUE WITHIN ONE		YEAR
					2021	2020
					8
	Trade debtors Prepayments	and accrued income			43,322 7,558	9,400 12,628
					50,880	22,028
19.	CASH AT BANK AND IN HAND
					2021	2020
				CTWilson
			Geneml	Bursary	Total	Total
			fund	fund	funds	1'unds
	Cash in hand Bank account Bank account Bank deposit Bank deposit	no 1 no 2 account account 2	168 153,568 99,056	100 8,375 8,338	8 168 153,568 100 107,431 8,338	8 248 62,324 100 52,408 15,089
	Total		252,792	16,813	269,605	130,169

	2021	2020
Trade creditors Corporation tax Social security and other taxes Sundry creditors and accruals Deposits in advance	2,992 5 2,688 9,124 9,338	1,772 5 4,678 4,833 37,236
	24,147	48,524

Education advisory suppor	t income is deferred so as to reco	gnise the income at the time the service	is provided.
		2021	2020
Deferred income brought forward Income invoiced in period Deferred income carried forward		37,371 66,854 (44,508)	45,227 53,076 (37,371)
Income recognised for the	period	59,717	60,932

	2021	2020
	f,
Deferred income brought forward
Income received Deferred income canied forward	30,000 (16,813)
Income recognised for the period	13,187
	2021	2020
	8
Education Advisory Support incoine carried forward Bursary income carried forward	44,508 16,813	37,371
Total deferred income	61,321	37,371

MOVEMEN	T IN FUNDS
					Net
					movement	At
				At 1.1.21	in funds	31.12.21
					f
Unrestricted	funds
General fund				88,683	176,373	265,056
Restricted funds
CTWilson Bursary fund				15,189	(15,189)
TOTAL FUNDS				103,872	161,184	265,056
Net movement	in funds, included		in the above are as foBows:
				Incotning	Resources	Movetnent
				resources	expended	in funds
Unrestricted	funds			6	f,
Geneml fund				560,036	(383,663)	176,373
Restricted funds
Cl' Wilson Bursary fund				13,188	(28,377)	(15,189)
TOTAL FUNDS				573,224	(412,040)	161,184
Comparatives	for movement	in	funds
					Net
					movement	At
				At 1.1.20	in funds	31.12.20
Unrestricted	funds
General fund				198,435	(109,752)	88,683
Restricted funds
CTWilson Bursary fund				19,725	(4,536)	15,189
TOTAL FUNDS				218,160	(114,288)	103,872

	Incoming	Resources	Movement
	resources	expended	in funds
Unrestricted funds
General fund	222/36	(331,988)	(109,752)
Restricted funds
CTWilson Bursary fund	15	(4,551)	(4,536)
TOTAL FUNDS	222451	(336,539)	(114,288)
A current year 12months and prior year 12months combined position is as follows:
		Net
		movement	At
	At 1.1.20	in funds	31.12.21
Unrestricted funds
General fund	198,435	66,621	265,056
Restricted funds
CTWilson Bursary fund	19,725	(19,725)
TOTAL FUNDS	218,160	46,896	265,056

	Incoming	Resources	Movement
	resources	expended	in funds
Unrestricted funds		6
General fund	782,272	(715,651)	66,621
Restricted funds
CTWilson Bursary fund	13,203	(32,928)	(19,725)
TOTAL FUNDS	795,475	(748,579)	46,896