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|Reference and Administrative
Details|Reference and Administrative
Details||
|---|---|---|
|Trustees' Report||2to5|
|Statement ofTrustees'|Responsibilities||
|Independent
Auditors'|Report|7to 10|
|Statement ofFinancial|Activities|11to 12|
|Balance Sheet||13|
|Cash Flow Statement||14|
|Notes to the Financial|Statements|15to 26|
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|Trustees||Mr RCowley, (Chair|and Nominee|Trustee for holding|Trustee for holding|property)|property)|
|---|---|---|---|---|---|---|---|
|||Mrs C Sharp, (Vice Chair and Nominee|||Trustee for holding||property)|
|||Mrs H JLacey||||||
|||Mr A Chase||||||
|||Mr RPrideaux-Brune||||||
|||Mr GRose||||||
|||Mr JD Thrift||||||
|||Mr H White||||||
|Charity Registration|Number|202188||||||
|Principal Office||Stafford House||||||
|||10Prince ofWales Road||||||
|||Dorchester||||||
|||Dorset||||||
|||DT1 1PW||||||
|Auditor||Kennedy
Legg||||||
|||Chartered
Accountants|and Statutory|Auditor||||
|||Stafford House||||||
|||10Prince ofWales Road||||||
|||Dorchester||||||
|||Dorset||||||
|||DT1 1PW||||||
|Solicitors||Battens||||||
|||Mansion House||||||
|||54-58 Princes Street||||||
|||Yeovil||||||
|||Somerset||||||
|||BA20 1EP||||||
|Bankers||NatWest Bank Plc||||||
|||49 South Street||||||
|||Dorchester||||||
|||Dorset||||||
|||DT1 1DW||||||
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||Budget|Actual||
|---|---|---|---|
|Relief ofthose in need|200,000|135,283|(note 6)|
|Education|200,000|122,218|(note 6)|
||400,000|257,501||
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|Stateme|nt of|Financial|Activities for the|Year Ended|31December 2|021|
|---|---|---|---|---|---|---|
||||Unrestricted|funds|Restricted|Total|
||||Designated|General|funds|2021|
|||Note|||||
|Income and Endowments||from:|||||
|Donations
and legacies|||||2,000|2,000|
|Investment
income||3||461,434||461,434|
|Other income||||100||100|
|Total Income||||461,534|2,000|463,534|
|Expenditure
on:|||||||
|Raising funds|||(4,703)|(76,475)||(81,178)|
|Charitable
activities||||(303,385)|(1,000)|(304,385)|
|Other expenditure||||(248)||(248)|
|Total Expenditure|||(4,703)|(380,108)|(1,000)|(385,811)|
|Gains/losses
on investment|||||||
|assets||||393,516||393,516|
|Net (expenditure)/income|||(4,703)|474,942|1,000|471,239|
|Net movement
in funds|||(4,703)|474,942|1,000|471,239|
|Reconciliation
offunds|||||||
|Total funds brought|forward||376,860|7,242,496|14,810|7,634,166|
|Total funds carried|forward|16|372,157|7,717,438|15,810|8,105,405|
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|||||Unrestricted|funds|||
|---|---|---|---|---|---|---|---|
|||||||Restricted|Total|
|||||Designated|General|funds|2020|
||||Note|||||
|Income and Endowments|||from:|||||
|Donations
and legacies||||||2,000|2,000|
|Investment
income|||3||399,532||399,532|
|Total Income|||||399,532|2,000|401,532|
|Expenditure
on:||||||||
|Raising funds||||(6,722)|(68,082)||(74,804)|
|Charitable
activities|||||(332,321)|(2,750)|(335,071)|
|Other expenditure|||||(23)||(23)|
|Total Expenditure||||(6,722)|(400,426)|(2,750)|(409,898)|
|Gains/losses
on investment||||||||
|assets|||||(640,076)||(640,076)|
|Net expenditure||||(6,722)|(640,970)|(750)|(648,442)|
|Gross transfers
between||funds||(683,577)|683,577|||
|Net movement
in funds||||(690,299)|42,607|(750)|(648,442)|
|Reconciliation offunds||||||||
|Total funds brought|forward|||1,067,159|7,199,889|15,560|8,282,608|
|Total funds carried|forward||16|376,860|7,242,496|14,810|7,634,166|
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|||Balance Sheet as at 3|1December 20|21||
|---|---|---|---|---|---|
|||||2021|2020|
||||Note|||
|Fixed assets||||||
|Tangible assets|||9|6,247,433|5,612,077|
|Investments|||10|480,493|472,645|
|||||6,727,926|6,084,722|
|Current
assets||||||
|Debtors|||12|39,545|11,983|
|Cash at bank|and in hand||13|1,403,297|1,576,651|
|||||1,442,842|1,588,634|
|Creditors: Amounts||falling due within one year|14|(65,363)|(39,190)|
|Net current|assets|||1,377,479|1,549,444|
|Net assets||||8,105,405|7,634,166|
|Funds ofthe charity:||||||
|Restricted income funds||||||
|Restricted
funds||||15,810|14,810|
|Unrestricted|income|funds||||
|Unrestricted|funds|||6,603,572|6,526,849|
|Revaluation|reserve|||1,486,023|1,092,507|
|Total unrestricted
funds||||8,089,595|7,619,356|
|Total funds|||16|8,105,405|7,634,166|
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|Cash Flow Statement|for the Year E|nded 31De|cember 2021||
|---|---|---|---|---|
||||2021|2020|
|||Note|||
|Cash flows from operating
activities|||||
|Net cash income/(expenditure)|||77,723|(8,366)|
|Adjustments
to cash flows from non-cash items|||||
|Investment
income|||(461,432)|(399,532)|
||||(383,709)|(407,898)|
|Working capital adjustments|||||
|(Increase)/decrease
in debtors||12|(27,562)|4,518|
|Increase/(decrease)
in creditors||14|26,173|(22,511)|
|Net cash flows from operating
activities|||(385,098)|(425,891)|
|Cash flows from investing
activities|||||
|Interest receivable
and similar income||3|461,112|399,253|
|Purchase oftangible
fixed assets||9|(243,690)|(865,584)|
|Purchase ofinvestments||10|(6,000)||
|Income from dividends||3|322|279|
|Net cash flows from investing
activities|||211,744|(466,052)|
|Net decrease in cash and cash equivalents|||(173,354)|(891,943)|
|Cash and cash equivalents
at 1 January|||1,576,651|2,468,594|
|Cash and cash equivalents
at 31December|||1,403,297|1,576,651|
|Reconciliation
ofnet cash flow to movement|in net funds||||
|Decrease in cash|||(173,354)|(891,943)|
|Net funds at 1 January 2021|||1,576,651|2,468,594|
|Net funds at 31December 2021|||1,403,297|1,576,651|
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|2|Income from|donations|donations|and legacies|and legacies||||
|---|---|---|---|---|---|---|---|---|
||||||||Restricted|Total|
||||||||funds|funds|
|Donations
and legacies;|||||||||
||Donations
from|individuals|||||2,000|2,000|
|Total for 2021|||||||2,000|2,000|
|Total for 2020|||||||2,000|2,000|
|3|Investment
income||||||||
|||||||Unrestricted|||
|||||||funds|Total|Total|
|||||||General|2021|2020|
|Income from dividends;|||||||||
||Dividends
receivable||from||other listed investments|322|322|279|
|Interest receivable||and similar|||income;||||
||Interest receivable on||bank||deposits|991|991|10,161|
||Interest receivable on||other||loans|6,750|6,750|7,110|
|Income from rents||||||453,371|453,371|381,982|
|||||||461,434|461,434|399,532|
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|||||||||Unrestricted|funds|Total|
|---|---|---|---|---|---|---|---|---|---|---|
|||||||||Designated|General|2021|
|Other investment|||management|||costs;|||||
|Property||insurance
costs|||||||7,392|7,392|
|Property||repairs, renewals|||and maintenance|||4,703||4,703|
|Property||management||commission,|||legal fees||||
|etc|||||||||67,932|67,932|
|Allocated|support||costs||||||1,151|1,151|
|||||||||4,703|76,475|81,178|
|||||||||Unrestricted|funds|Total|
|||||||||Designated|General|2020|
|Other investment|||management|||costs;|||||
|Property||insurance
costs|||||||5,535|5,535|
|Property||repairs, renewals|||and maintenance|||6,722||6,722|
|Property||management||commission,|||legal fees||||
|etc|||||||||61,880|61,880|
|Allocated|support||costs||||||667|667|
|||||||||6,722|68,082|74,804|
|5
Expenditure|||on charitable|||activities|||||
|||||||||Unrestricted|||
|||||||||funds|Restricted|Total|
|||||||||General|funds|funds|
|Relief for|those in need|||- grants||to|||||
|individuals||||||||51,523||51,523|
|Relief for|those in need|||- grants||to|||||
|institutions||||||||83,760||83,760|
|Education||- grants|to individuals|||||121,218|1,000|122,218|
|Governance||costs||||||46,884||46,884|
|Total for|2021|||||||303,385|1,000|304,385|
|Total for|2020 - (see analysis||||below)|||332,321|2,750|335,071|
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|||||Unrestricted|||
|---|---|---|---|---|---|---|
|||||funds|Restricted|Total|
|||||General|funds|2020|
||||Note||||
|Relief for those in need - grants to|||||||
|individuals||||46,867||46,867|
|Relief for those in need - grants to|||||||
|institutions||||86,031||86,031|
|Education -|grants to individuals|||162,392|2,750|165,142|
|Governance|costs|||37,031||37,031|
|||||332,321|2,750|335,071|
|Governance|costs||||2021|2020|
|Trustees expenses|||||320|99|
|Sundry
and|other costs||||132|178|
|Advertising|and promotion||||448|320|
|Accountancy|and bookkeeping||||14,031|13,712|
|Auditors'
remuneration|||||12,450|5,100|
|Clerks and administration||fees|||18,939|17,301|
|Trustees insurance|||||564|321|
||||||46,884|37,031|
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|Analysis ofgrants|||||
|---|---|---|---|---|
||Grants to|institutions|Grants to|individuals|
||2021|2020|2021|2020|
|Analysis|||||
|Relief ofthose in need|83,760|86,031|51,523|46,867|
|Education|||122,218|165,142|
||83,760|86,031|173,741|212,009|
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|Below are|details ofma|te|rial
grants ma|de to institutions.|||
|---|---|---|---|---|---|---|
||||||2021|2020|
|Name ofinstitution||||Activity|||
|Blandford|Opportunity|Group||Reliefofthose in need|15,000|15,000|
|Sturminster|-Amateur|boxing club||Reliefofthose in need|1,211||
|Blandford|- Stour valley||canoe club|Reliefofthose in need|5,000||
|Blandford|Rugby Club|||Reliefofthose in need|1,000|2,000|
|Blandford|- Age concern|||Reliefofthose in need|20,000|5,000|
|Blandford|- legion club|||Reliefofthose in need|1,122||
|Miscellaneous
-under f.1,000each||||Reliefofthose in need|2,100|1,977|
|Shaftesbury|&District|Carers (HOPE)||Reliefofthose in need||6,000|
|Shaftesbury|Hospital|||Reliefofthose in need||1,000|
|Shaftesbury|School|||Reliefofthose in need|9,000|9,000|
|Shaftesbury|Girl Guides|||Reliefofthose in need|15,000|2,500|
|Sturminster|High School|||Reliefofthose in need|14,127|19,714|
|Sturminster|-Friends ofStour Connect|||Reliefofthose in need|200|1,000|
|Sturminster
repair|- Contribution||to pitch|Reliefofthose in need||1,590|
|Blandford|school|||Reliefofthose in need||21,250|
||||||83,760|86,031|
|7
Staff costs|||||||
|The aggregate
payroll costs were as follows:|||||||
||||||2021|2020|
|Staffcosts|during the|year were:|||||
|Other staff|costs||||18,939|17,301|
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|||2021|2020|
|---|---|---|---|
|Audit ofthe financial|statements|12,450|5,100|
|Other fees to auditors||||
|All other non-audit
services||5,319|6,770|
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|9
Tangible fixed assets|||
|---|---|---|
||Investment||
||properties|Total|
|Cost|||
|At 1 January 2021|5,612,075|5,612,075|
|Revaluations|391,668|391,668|
|Additions|243,690|243,690|
|At 31December 2021|6,247,433|6,247,433|
|Depreciation|||
|At 31December 2021|||
|Net book value|||
|At 31December 2021|6,247,433|6,247,433|
|At 31December 2020|5,612,075|5,612,075|
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|Other investments|||
|---|---|---|
||Listed||
||investments|Total|
|Cost or Valuation|||
|At 1 January 2021|11,645|11,645|
|Revaluation|1,848|1,848|
|At 31December 2021|13,493|13,493|
|Net book value|||
|At 31December 2021|13,493|13,493|
|At 1 January 2021|11,645|11,645|
|11 Social investments|||
|Programme
related investments|||
|---|---|---|
||Programme||
||Related||
||Investments|Total|
|Cost|||
|At 1 January 2021|461,000|461,000|
|Additions|6,000|6,000|
|At 31December 2021|467,000|467,000|
|Provision|||
|At 31December 2021|||
|Net book value|||
|At 31December 2021|467,000|467,000|
|At 1 January 2021|461,000|461,000|
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|12 Debtors|||||
|---|---|---|---|---|
||||2021|2020|
|Trade debtors|||16,149|11,740|
|Prepayments|||23,396|243|
||||39,545|11,983|
|13 Cash and cash equivalents|||||
||||2021|2020|
|Cash at bank|||1,144,071|1,317,431|
|Short-term|deposits||259,226|259,220|
||||1,403,297|1,576,651|
|14 Creditors: amounts||falling due within one year|||
||||2021|2020|
|Trade creditors|||46,456|23,938|
|VAT grant|repayable||10,807|6,552|
|Accruals|||8,100|8,700|
||||65,363|39,190|
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|16 Funds||||||||
|---|---|---|---|---|---|---|---|
||||||||Balance at|
|||Balance at I
Jan 2021|Incoming
resources|Resources
expended|Transfers|recognised
gains/(losses)|31
December|
|Restricted|funds|||||||
|Mr RConnell||4,310|||||4,310|
|M Owen (ORBIS)||10,500|2,000|(1,000)|||11,500|
|||14,810|2,000|(1,000)|||15,810|
|General funds||||||||
|Unrestricted|income funds|7,242,496|461,534|(380,108)||393,516|7,717,438|
|Designated|funds|||||||
|Property repairs fund||131,860||(4,703)|||127,157|
|Committed|grants|245,000|||||245,000|
|||376,860||(4,703)|||372,157|
|Total funds||7,634,166|463,534|(385,811)||393,516|8,105,405|
||||||||Balance at|
|||Balance at I
Jan 2020|Incoming
resources|Resources
expended|Transfers|recognised
gains/(losses)|31
December|
|Restricted|funds|||||||
|Mr RConnell||3,560|2,000|(1,250)|||4,310|
|M Owen (ORBIS)||12,000||(1,500)|||10,500|
|||15,560|2,000|(2,750)|||14,810|
|General fund||||||||
|Unrestricted|income fund|7,199,889|399,532|(400,425)|683,577|(640,077)|7,242,496|
|Designated|funds|||||||
|Property repair funds||87,159||(6,722)|51,423||131,860|
|Committed|grants|980,000|||(735,000)||245,000|
|||1,067,159||(6,722)|(683,577)||376,860|
|Total funds||8,282,608|401,532|(409,897)||(640,077)|7,634,166|
|Restricted|funds:|||||||
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|Committed|grants:||2021|2020|
|---|---|---|---|---|
|Blandford|Youth Club||30,000|45,000|
|Shaftesbury|Community|Centre *|200,000|200,000|
||||245,000|245,000|
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|17 Analysis ofnet assets between
funds||||||
|---|---|---|---|---|---|
||Unrestricted||funds|Restricted||
||General|Designated||funds||
|Tangible fixed assets|6,247,433||||6,247,433|
|Fixed asset investments|13,493||||13,493|
|Programme
related investments|467,000||||467,000|
|Current assets|1,054,875||372,157|15,810|1,442,842|
|Current liabilities|(65,363)||||(65,363)|
|Total net assets|7,717,438||372,157|15,810|8,105,405|
||Unrestricted||fund|Restricted|Total at 31
December|
||General|Designated||funds|2020|
|Tangible fixed assets|5,612,077||||5,612,077|
|Fixed asset investments|11,645||||11,645|
|Programme
related investments|461,000||||461,000|
|Current assets|1,196,964||376,860|14,810|1,588,634|
|Current liabilities|(39,190)||||(39,190)|
|Total net assets|7,242,496||376,860|14,810|7,634,166|
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