##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||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||