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2021-10-31-accounts

CONTENTS PAGE
Contents 1
Repcirt ofthe Trustees 2-4
lndependentExaminer's Report 5
StatementofFinancialActivities 6
Balance Sheet 7
Notestotheaccounts 8-16

FOR THE YEARENDED 31OS'TOBER2 021
Nqte 2i021 2020
Unrestricted Restricted Prioryear
Funds incomefunds Totalfunds funds
€ f f C
INCOMINGRESOURCES 3
tncome andendowmentsfrom;
Donations andlegacies L,742 985 2,727
Charitable activities 130,935 130,935
Othertradingactivities L36,762 135,762
lnvestments 43,138 43,138
Other 10,190 10,190
TOTAL 322,767 985 323 752
RESOURCESEXPENDED 4
Expenditureon:
Raisingfunds 150,520 150,520
Charitable activities t57,437 157,437
Other 4,558 4,559
TOTAT 312,515 312,515
NETINCOME/(EXPENDITURE)BEFORE
TNVESTMENT GArNS/(LOSSES) 10,252 985 Ll,237
Net gains/(losses) on investments 57,L75 57,175
NETINCOME/(EXPENDITURE) 67,427 985 68,4L2
orHERRECOGNTSEDGA NS/(LOSSESI
Othergains/(losses)
NETMOVEMENTINFUNDS 67,427 985 68,412
RECONCILIATIO'{OF FUNDS
Total funds broughtforward 13 2,984,276 2,979 2,997,255
Transfer between funds 13 3,954 (3,964)
Transfer ofassetsand liabilitiesfrom
GreatCompCharitable Trust 13 2,987,255
TOTALFUNDS CARRIEDFORWARD 3,055,557 3,055,5672,987,255

BATANCESHEET ASAT 31OCTOBER2 021
Notq, 202t 202:0
Unrestricted Restricted Prioryear
Funds incomefunds Total funds funds
€ f E. f
FIXEDASSETS
Tangibleassets 8 L,882,762 L,982,762 L,807,725
lnvestments 9 1,o6L,827 1,061,827 1,0!2,534
Total fixedassets 2,944,589 2,944,589 2,820,359
CURRENTA55ET5
Debtors 10 55,L02 55,102 52,528
lnvestments 9 8,430 8,430 22,864
Cashat bank and inhand 1l 77,622 77,622 103,544
Total currentagsets L4L,154 141,154
178,936
CREDITORS:amountsfallingduewithin
oneyear !2 30,476 30,076 12,040
NET CURRENTASSETS 17L,078 1L1,078
1.66,895
TOTATNETASSETS 3,055,667
-		 3,055,667 2,987,255
FUNDSOFTHE CHARITY
RESTRICTEDINCOMEFUNDS 13 2,979
UNRESTRICTED FUNDS 13 1,804,084 1,804,084 L,732,693
REVALUATIONRESERVE 13 1,251,583 1,251,583 1,251,583
TOTATFUNDS 3,055,667
-		 3,055,667 2,987,255

3.ANALYSIS OFINCOME
Unrestricted Resricted Prioryear
funds income funds Totalfunds funds
g € f f
Donations andlegacies:
Donationsandgifts 612 612
GiftAid 1.130 1,130
Generalgrants providedbY
government/othercharities 985 985
Total L,742 985 2,727
Charitable activhies:
Entrancefees 130,935 130,93s
Total 130,935 130,935
0thertrading activities:
Tearoom 136,32s 136,325
Special events i1s) (1e)
Guide books 456 456
Total L16,762 L36,762
lncomefrominvestments:
lnterest income 52 52
' Dividend income

Rental and leasingincome		 7,936
35,150		 7,936
35,1s0
Total 43,138 43,138
Other:
Other 753 753
Covid-19related grants 9,437 9,437
Total 10,190 10,190
TOTATINCOME 322,767 985
?23,752

4.ANATYSIS OF EXPENDITURE PAGE
Unrestricted Restricted Prioryear
funds incomefunds Totalfunds funds
f f f f
Expenditure onraisingfunds:
lncurredseekinggrants
Stagingfundraisingevents 2,979 2,9L9
Advertising, marketing,directmail
andpublicity 72,1,54 1,2,t54
Tearoom runningcosts 1,17,730 717,730
lnvestment managementcosts 601 601
Rentcollection, property repairsand
maintenancecharges t7,tt6 17,116
Total 150,520 150,520
Expenditure on charitable activities:
Wages andlabourcosts 120,778 72Q,778
Garden expenses 6,442 6,442
Utilities, telephone,postage,
gtationery, insuranceandsundry 21,633 21,633
Legaland professionalfees 7,280 7,280
Depreciation 1,304 1,304
Total L57,437 t57,437
Other:
Bank andcredit cardcharges 3,257 3,257
Sunciry 1,301 1,301
Total 4,558 4,558
TOTALEXPEND]TURE 312,515 312,515
Activity or
proSramme		 Activities
undertaken
directly		 Support CostsTotal thisyear Totalprior
yeor
C f f €
0ther 747,78L 9,656 157,437
Total 147,78L 9,656 L57,437

Charitable Othertrading Basisof
Support cost activities activities Grand total allocation
f. e f.
Governance 4,729 4,927 9,656 Seebelow
Total 4,729 4,927 9,656

5.DETAILS OF CERTAIN ITEMS OF EXPENDITURE
5.1Feesfor examinationoftheaccounts Thisyear Lastyear
f €
lndependent examiner's fees 1,595
6.PAIDEMPI.OYEES
Thisyear Lastyear
6.1Staffcosts f f
Salaries and wages 1.57,807
Socialsecuritycosts 8,099
Pension costs(definedcontributionscheme) 4,448
Totalstaffcosts t7o,354

5.2 Average head countinthe year Thisyear Lastyear
Number Number
The partsofthecharityinwhich Fundraising 6
the employees work: Charitable Activities 4
Governance
Other
10

Thisyear Lastyear
f, f
4,448

PAGE13
8.TANGIBTE FIXEDASSETS
Freehold land Plant, Fixtures, Total
&buildings machinery fittingsand
andmotor equipment
f f f, f
8.1Cost orvaluation
At beginningofyear \8A7,071 40,627 38,957 1,886,655
Additions 72,661 1,388 7_,292 76,341,
Disposals (1,3se) (1,39e)
Net gain/(loss) on revaluation
At endofyear L,879,732 42,ALi 39,850 L,96L,597
8.2Depreciation andimpairments
Basis Straight line Straightline
Rate 20% 2A-25%
At beginning of year 40,033 38,897 78,930
Depreciation 672 632 1,304
Disposals {1,399) (1,399)
lmpairment
At end of year 40,705 38,130 78,835
8.3Net book value
At end of year L,879,732 1,310 1,,720 L,882,762
At beginning of year L807,A77
594
60		 1,807,V25

9.INVESTMENTASSETS PAGE 14
9"1Fixed assetinvestments Listed
investments		 lnvestment
properties		 Total
Carrying(fair) value at beginning ofperiod 295,07L 7!7,563 r,012,634
Add: additionstoinvestments duringperiod 297,667 297,667
Less:disposals atcarryingvalr"ie (2s0,784i (250,784)
Less:impairrnents
Add:Reversalofimpairments
Add/(deduct):net gain/(loss) on revaluation
Carrying (fair) value at end ofyear		 2,374
344,264 717,563		 2,3L0
L,06t,827
9.2Analysisofinvesments Fairvalueat Costless
period end impairment
Listedinvestments 344,264
lnvestment properties 777,563
'Total 7,A61,827
Grandtotal(Fairvalue atyear-end+Cost lessimpairment) L,O6L,827

Analysis ofcurrentassetinvestments Thisyear
f		 Lastyear
f
Cashorcashequivalents 8,430 22,864
Total 8,430 22,864

10.1'Analysis ofdebtors Thisyear
f		 Lastyear
f.
Trade debtors 80
Prepaymentsandaccrued income 2,477 2,448
Other debtors 52,685 50,000
Total 55,102 52,528
10.2Analysisofdebtors recoverable in morethanlyear (included
in debtors above) Thisyear
I		 Lastyear
f
Other debtors 50,000 50,000
Total 50,000 50,000
11.CASHATBANKANDIN HAND
Thisyear Lastyear
f €
Cashatbank andonhand 77,622 103,544
Totel 77,622 103,544
. 12.CREDTTORS
Thisyear Lastyear
Amountsfallingduewithinoneyear; f f
Accruals anddeferred income 26,782 7,588
Taxationand socialsecurity 3,294 4,532
Total 30,076 L2,O4A

Revaluation
Fundname reServe Unrestricted Restricted Totalfunds
Fund balancesbroughtforward 1,251,583 L,732,693 2,979 2,987,255
lncome 322,767 985 323,757
Expenditure (312,515) (312,s15)
Transfer between funds 3,964 (3,s64)
Gainsandlosses 57,L75 57,775
Fund balancescarriedforward 1,251,5831,804,084 3,055,667
Revaluation
Fundname Unrestricted
reserve		 Restricted Totalfunds
Fund balancesbroughtforward
TransferfromGreatCompTrust 1,25L,5837,732,693 2,979
2,987,255
Fund balancescarriedforward 1,251,583L,732,693 2,979
2,987,255

Name of the trusteeor
PartY		 related Rehtionshiptocharity
Descriptionof
transaction		 Amount Provisionfor
baddebtsat
periodend
t f
WDyson Employee-CuratoroftheGardensLoan 50,000