##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||Unrestricted|Unrestricted|
|---|---|---|---|---|
||||funds|funds|
||||2021|2020|
|||Notes|||
|Income from:|||||
|Donations
and legacies||||8,099|
|Investments|||125,693|109,312|
|Total income|||125,693|117,411|
|Ex enditure on:|||||
|Raising funds|||57,153|49,577|
|Charitable
activities|||987,449|767,674|
|Trading
subsidiary|loan write off|||150,000|
|Total resources expended|||1,044,602|967,251|
|Net gains/(losses)|on investments|11|1,731,136|1,642,639|
|Net movement
in|funds||812,227|792,799|
|Fund balances at 1 January 2021|||11,382,371|10,589,572|
|Fund balances at|31 December 2021||12,194,598|11,382,371|
##
##
##
||||2021|2020|
|---|---|---|---|---|
|||Notes||f|
|Fixed assets|||||
|Tangible assets||12|439,796|448,019|
|Investments||13|10,909,028|10,008,828|
||||11,348,824|10,456,847|
|Current assets|||||
|Debtors||14|850,341|594,902|
|Cash at bank and in|hand||65,690|354,310|
||||916,031|949,212|
|Creditors: amounts|falling due within||||
|one year|||(70,257)|(23,688)|
|Net current assets|||845,774|925,524|
|Total assets less current liabilities|||12,194,598|11,382,371|
|Income funds|||||
|Unrestricted
funds|||12,194,598|11,382,371|
||||12,194,598|11,382,371|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|3|Donations|Donations|and legacies|||||(Continued)|
|---|---|---|---|---|---|---|---|---|
||Grants receivable for core activities||||||||
||Government||grants - Coronavirus||job retention|scheme||8,099|
|||||||||8,099|
|4|Investments||||||||
||||||||Unrestricted|Unrestricted|
||||||||funds|funds|
||||||||2021|2020f|
||Dividend|income|||||85,353|68,781|
||Interest receivable||||||40,340|40,531|
||||||||125,693|109,312|
|5|Raising funds||||||||
||||||||Unrestricted|Unrestricted|
||||||||funds|funds|
||||||||2021|2020|
||Investment||management|fees|||57,153|49,577|
||||||||57,153|49,577|
##
##
##
||||2021f|2020
F|
|---|---|---|---|---|
|Staff costs|||78,778|79,770|
|Depreciation|||12,273|11,739|
|Training,
recruitment|and other staff costs|||560|
|Telephone,
postage|and stationery||2,084|4,616|
|Computer
and software|||2,704|5,274|
|Advertising
and marketing||||281|
|Rent and rates|||4,014|3,882|
|Motor and travel|||4,781|5,325|
|Insurance|||4,588|4,174|
|Sundries|||316|188|
|Social media consultancy||||600|
|Premises expenses|||8,141|12,866|
|Bank charges|||2,043|93|
|Memberships
and subscriptions|||418|420|
|Loss on disposal of|tangible|fixed assets||290|
||||120,140|130,078|
|Grani funding
of activities (see note 7)|||862,559|615,842|
|Share ofsupport costs (see||note 8)||13,870|
|Share ofgovernance|costs|(see note 8)|4,750|7,884|
||||987,449|767,674|
|Grants payable|||||
||||2021|2020f|
|Grants to institutions:|||||
|Other|||807,787|607,687|
|Grants to individuals|||54,772|8,155|
||||862,559|615,842|
##
##
##
|8|Support costs|Support costs|||||||
|---|---|---|---|---|---|---|---|---|
||||Support|Governance|2021|Support|Governance|2020|
||||costs|costs||costs|costs||
||||f|||F|E||
||Consultancy|fees||||2,054||2,054|
||Professional|fees||||11,816||11,816|
||Legal fees||||||398|398|
||Accountancy|fees||4,750|4,750||4,586|4,586|
||Audit fees||||||2,900|2,900|
|||||4,750|4,750|13,870|7,884|21,754|
||Analysed
between||||||||
||Charitable
activities|||4,750|4,750|13,870|7,884|21,754|
##
##
##
##
##
|
The average
monthly
number
ofemployees
during|the year was:||
|---|---|---|
||2021|2020|
||Number|Number|
|Employment
costs|2021f|2020|
|Wages and salaries|67,426|62,237|
|Social security costs|6,121|10,819|
|Other pension costs|5,231|6,714|
||78,778|79,770|
|||||2021|2020|
|---|---|---|---|---|---|
|||||Number|Number|
||F60,001 - F70,000|||1|1|
|11|Net gains/(losses)||on investments|||
|||||2021|2020f|
||Revaluation|ofinvestments||1,731,136|1,642,639|
##
##
##
|Tangible fixed assets|||||||
|---|---|---|---|---|---|---|
|||Freehold land|Leasehold|Fixtures and|Computer|Total|
|||and buildings|improvements
f|fittings
f|equipmentf||
|Cost|||||||
|At 1 January 2021||452,419||2,894|5,768|461,081|
|Additions|||4,050|||4,050|
|At 31 December 2021||452,419|4,050|2,894|5,768|465,131|
|Depreciation
and impairment|||||||
|At 1 January 2021||9,802||1,079|2,181|13,062|
|Depreciation
charged|in the year|9,048|338|964|1,923|12,273|
|At 31 December 2021||18,850|338|2,043|4,104|25,335|
|Carrying
amount|||||||
|At 31 December 2021||433,569|3,712|851|1,664|439,796|
|At 31 December 2020||442,617||1,815|3,587|448,019|
##
|||Listed|Other|Total|
|---|---|---|---|---|
|||investments|investments||
|||f|||
|Cost or valuation|||||
|At 1 January 2021|&31 December 2021|10,008,826|2|10,008,828|
|Carrying
amount|||||
|At 31 December 2021||10,008,826|2|10,008,828|
|At 31 December 2020||10,008,826|2|10,008,828|
|Other investments|comprise:|Notes|2021f||
|Investments
in subsidiaries||19|||
##
##
|14|Debtors||||||||
|---|---|---|---|---|---|---|---|---|
||||||||2021|2020|
||Amounts|falling due|within|one year:||||E|
||Amounts|owed by subsidiary||undertakings|||844,766|590,495|
||Prepayments
and accrued income||||||5,575|4,407|
||||||||850,341|594,902|
|15|Creditors: amounts||falling due within one year||||||
||||||||2021|2020|
||||||||E||
||Other taxation and social security||||||6,060|2,575|
||Trade creditors||||||45,697|4,605|
||Accruals|and deferred|income||||18,500|16,508|
||||||||70,257|23,688|
|16|Analysis|ofnet assets between funds|||||||
|||||||Unrestricted|Total|Total|
|||||||2021|2021|2020|
||Fund balances at 31||December 2021 are represented||by:||||
||Tangible|assets||||439,796|439,796|448,019|
||Investments|||||10,909,028|10,909,028|10,008,828|
||Current assets/(liabilities)|||||845,774|845,774|925,524|
|||||||12,194,598|12,194,598|11,382,371|
##
||2021|2020|
|---|---|---|
|Within one year|4,304|4,304|
|Between two and five years|3,585|7,889|
||7,889|12,193|
##
##
##
##
|Name ofundertaking|Name ofundertaking|Registered|Registered|Nature of|business|Class of|%Held|
|---|---|---|---|---|---|---|---|
|||office||||shares held|Direct Indirect.|
|Welland|Retail Limited|Craftsman||Fundraising|cafe|Ordinary|100.00|
|||House De Salis||||share||
|||Drive, Hampton||||||
|||Lovett,||||||
|||Droitwich,||||||
|||England,|WR9|||||
|||OQE||||||
|Welland|Residential|Craftsman||Residential|Property|Ordinary|100.00|
|Holdings|Limited|House De Salis||||share||
|||Drive, Hampton||||||
|||Lovett,||||||
|||Droitwich,||||||
|||England,|WR9|||||
|||OQE||||||
|Name ofundertaking|Name ofundertaking|Profit/(Loss)|Capital and|
|---|---|---|---|
||||Reserves|
|||f|f|
|Welland|Retail Limited|(62,403)|(111,015)|
|Welland|Residential|||
|Holdings|Limited|(18,412)|(47,748)|