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2021-12-31-accounts

2021 2020
Unrestricted Total
fund funds
Notes E E
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 81,218 3,863,835
Investment
income		 25,832 17,070
Other income 6,596
Total 107,050 3,887,501
EXPENDITURE ON
Raising funds 2,873
Charitable
activities
Charitable
activities		 263,611 252,517
Total 266,484 252,517
Net gains/(losses)
on investments		 (6,622)
NET INCOME/(EXPENDITURE) (166,056) 3,634,984
RECONCILIATION
OF FUNDS
Total funds brought forward 3,634,984
TOTAL FUNDS CARRIED FORWARD 3,468,928 3,634,984

2021 2020
Unrestrfcted Total
fund funds
5 f
FIXEDASSETS
Tangible assets 14 2~6r927 1,476,022
Investments 15 2,695384 4,136
3r252r311 tr480,158
CURRENT ASSETS
Debtors 16 28,750 14,379
Cash atbank and (n hand Slgrgtg 2,161,571
344,169 2,175,950
CREDITORS
Amounts
faglng due within one year		 17 (27451) (21,124(
NET CURRENT ASSETS 316,617 2,154,826
TOTAL ASSETSLESSCURRENT UABILITIES Sr468,928 3,634,984
NET ASSETS ~gr 928 ~3634984
FUNDS 18
Unrestricted funds Sragg&928 3,634,984
TOTAL FUNDS ,928 3,634,984

2021 2020
Notes E
Cash flows from operating activities
Cash generated
from operations		 (149,909) 3,659,642
Net cash (used in)/provided by operating activities (149,909) 3,659,642
Cash flows from investing activities
Purchase oftangible fixed assets (7,206) (1,493,981)
Purchase offixed asset investments (1,697,870) (4,136)
Interest received 134 46
Dividends
received		 8,698
Net cash used in investing activities (1,696,244) (1,498,071)
Change
in cash and cash equivalents		 in the
reporting
period		 (1,846,153) 2,161,571
Cash and cash equivalents at the beginning
ofthe reporting
period		 2,161,571
Cash and cash equivalents at the end of
the reporting
period		 315,418 2,161,571
RECONCILIATION
OF NET (EXPENDITURE)/INCOME		 RECONCILIATION
OF NET (EXPENDITURE)/INCOME		 RECONCILIATION
OF NET (EXPENDITURE)/INCOME		 TO NET CASH FLOW FROM OPERATING ACTIVITIES OPERATING ACTIVITIES
2021 2020
E E
Net (expenditure)/income for the reporting period (as perthe
Statement ofFinancial Activities) (166,056) 3,634,984
Adjustments
for:
Depreciation
charges		 26,301 17,959
Losses on investments 6,622
Interest received (134) (46)
Dividends
received		 (8,698)
Increase
in debtors		 (14,371) (14,379)
Increase
in creditors		 6,427 21,124
Net cash (used in)/provided by operations ~149,909) 3,659,642
2. ANALYSIS OF CHANGES IN NET FUNDS
AL1.1.21 Cash flow At31.12.21
E E E
Net cash
Cash at bank and in hand 2,161,571 (1,846,153) 315,418
2,161,571 (1,846,153) 315,418
Total 2,161,571 (1,846,153) 315,418

2021 2020
E E
Donations 57,650 16,539
Grants receivable 19,032 10,000
Subscriptions 4,106 8,288
Miscellaneous income 430 150
Exceptional items —donations 3,828,858
81,218 3,863,835

Unrestricted Restricted
funds funds 2021 2020
E E E E
Rutland County Council'.
Covid-19 revenue grant 19,032 19,032 10,000
19,032 19,032 10,000

4. INVESTMENT INCOME INVESTMENT INCOME
2021 2020
f f
Rents received 17,000 17,024
Dividend
income receivable		 8,698
Deposit account interest 134 46
25,832 17,070
5. OTHER INCOME
2021
f		 2020f
HMRC
—Coronavirus		 Job Retention Scheme 6,596
6. RAISING FUNDS
INVESTMENT MANAGEMENT COSTS
2021 2020
E f
Investment
management		 fees 2,873
7. CHARITABLE ACTIVITIES COSTS
Direct Support
Costs (see costs (see
note 8)
f		 note 9)
f		 Totals
f
Charitable
activities		 208,688 54,923 263,611
208,688 54,923 263,611

2021 2020
E E
Staff costs 63,328 70,577
Annual
show		 expenses 12,830
Insurance 6,095 4,892
Light and heat 9,301 4,966
Telephone 5,432 5,224
Advertising
and promotion		 4,206 3,298
Postage and stationery 1,072 1,976
Sundries 315 1,380
Rates 509 584
Facilities management 30,000 23,333
Grounds
maintenance		 61,257 53,241
Equipment
hire		 662 540
Recruitment expenses 210
Depreciation 26,301 17,959
208,688 200,800
SUPPORT COSTS
2021 2020
F. E
Bookkeeping and accountancy fees 20,580 19,456
Bank interest and charges 1,051 2,169
Subscriptions 135 344
Motor and travel expenses 1,616 691
Early settlement
discount - Larkfle et		 10,000
Legal and professional fees 21,869 4,178
45,251 36,838
GOVERNANCE COSTS
2021 2020
6 E
Auditors'
remuneration		 6,000 5,750
Legal and professional fees 3,072 6,159
Trustees' expenses 600 2,970
9,672 14,879

2021 2020
E E
Auditors' remuneration 6,000 5,750
Depreciation -owned assets 19,329 17,959

STAFF COSTS
2021 2020
E f
Wages and salaries 60,923 66,210
Other pension costs 2,405 4,367
63,328 70,577
2021 2020
Management and administrative staff 2 3

Unrestricted
fund
f
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 3,863,835
Investment
income		 17,070
Other income 6,596
Total 3,887,501
EXPENDITURE ON
Charitable
activities
Charitable
activities		 —direct 200,800
Charitable
activities		 —support 51,717
Total 252,517
NET INCOME 3,634,984
TOTAL FUNDS CARRIED FORWARD 3,634,984
TANGIBLE FIXEDASSETS
Buildings
Freehold and Plant and Computer
land facilities machinery equipment Totals
f f f f f
COST
At 1January 2021 706,250 701,580 80,175 5,976 1,493,981
Additions 3,906 3,300 7,206
At 31December 2021 706,250 705,486 83,475 5,976 1,501,187
DEPRECIATION
At 1January 2021 6,945 9,468 1,546 17.959
Charge for year 13,944 10,895 1,462 26,301
At 31December 2021 20,889 20,363 3,008 44,260
NET BOOK VALUE
At 31December 2021 706,250 684,597 63,112 2,968 1,456,927
At 31December 2020 706,250 694,635 70,707 4,430 1,476,022

2021 2020
f f
Listed investments 1,691,248
Investment in trading subsidiary 100 100
Cups and trophies 4,036 4,036
, 99.38 4,136
MOVEMENTS
IN FIXEDASSET		 INVESTMENTS - LISTED INVESTMENTS
Listed
investments Total Total
2021 2021 2020
f f f
Market value at 1January 2021
Additions
at		 cost 1,654,705 1,654,705
Sale proceeds on disposal
Gain/(loss)
in the year:
- realised
—unrealised (6,622) (6,622)
Market value at 1,648,083 1,648,083
31December 2021
Cash on deposit at 43,165 43,165
31December 2021
Total market value ,69,3 8
ofinvestments
at
31December 2021
Historic cost at 1,654,705 1,654,805
31December 2021
ANALYSIS OF INVESTMENTS - LISTED INVESTMENTS
2021 2020
f f
UK quoted equities 1,186,432
UK quoted bonds 461,651
Cash held for reinvestment 43,165
3.693.348

Class of s
Ordinary		 h are Holding
100
2021 2020
f f
Aggregate capital and reserves 232 232
Profit/(loss) for the year
ANALYSIS OF INVESTMENTS - NEITHER LISTED NOR UNLISTED
Investments (neither listed nor unlisted) were as follows
2021 2020
f f
Cups and trophies ,006 4.036
DEBTORS:AMOUNTS FALI.ING DUE WITHIN ONE YEAR
2021 2020
f f
Trade debtors 3,015 4,416
Amounts owed by group undertakings 15,426 37
VAT 4,848 4,368
Prepayments and accrued income 5,461 5,558
28,750 14,379

CREDITORS: AMOUNTS
FALLING DUE WITHIN ONE YEAR
2021 2020
6 f
Trade creditors 7,781 5,809
Social security and other taxes 958
Other creditors 7,175
Accruals and deferred income 12,595 14,357
27,551 21,124

MOVEM ENT IN FUNDS
Net
movement At
At 1.1.21 in funds 31.12.21
f f
Unrestricted funds
General fund 3,634,984 (166,056) 3,468,928
TOTALFUNDS 3,634,984 (166,056) 3,468,928
Net movement in funds, included in the above are as follows:
Incoming Resources Gains and Movement
resources expended losses in funds
f f f f
Unrestricted funds
General fund 107,050 (266,4841 (6,622) (166,056)
TOTALFUNDS 107,050 (266p484) (6,622) (166,056)

Net
movement At
At 1.1.20 in funds 31.12.20
f f f
Unrestricted funds
General fund 3,634,984 3,634,984
TOTAL FUNDS 3,634,984 3,634,984

Incoming Resources Movement
resources expended in funds
f E 6
Unrestricted funds
General fund 3,887,501 (252,517) 3,634,984
TOTAL FUNDS 3,887,501 (252,517) 3,634,984
Net
movement At
At 1.1.20 in funds 31.12.21
f 6 E
Unrestricted funds
General fund 3,468,928 3,468,928
TOTAL FUNDS 3,468,928 3,468,928
Incoming Resources Gains and Movement
resources expended losses in funds
6 E E E
Unrestricted funds
General fund 3,994,551 (519,001) (6,622) 3,468,928
TOTAL FUNDS 3,994,551 (519,001) (6,622) 3,468,928

2021 2020
E 6
Within one year 324
Between two and five years
In more than five years
324

2021 2020
E E
Within one year 10,000
Between two and five years 40,000
In more than five years 43,333
93,333