## ## ||||Pages| |---|---|---|---| |Trustees'|annual
report||1 to 5| |Independent
examiner's
report to the trustees|||| |Statement|offinancial|activities|| |Statement|offinancial|position|| |Notes to the financial||statements|9to 18| # ## |Registered|charity|name|Great Torrington|Commons|Commons|Conservancy|(Common|Lands)| |---|---|---|---|---|---|---|---|---| |Charity registration||number|202804|||||| |Principal office|||25 South Street|||||| ||||Torrington|||||| ||||Devon|||||| ||||EX388AA|||||| |The trustees|||Jennifer Amanda|Harrison||||| ||||Sandra Crawley|||(Resigned 30April||2021)| ||||Alan Crawley|||(Resigned 21 May||2021)| ||||Kim Insuall|||(Resigned 12May||2021)| ||||David Nudd|||||| ||||Adam
Kirby|||||| ||||Gerry Duffy|||||| ||||Andrew Giles|||||| ||||Sue Clarke|||||| ||||Susan Crawley|||(Appointed 19October 2022)||| |Independent|examiner||Catherine
Williams||ACA DChA|||| ||||Westcotts Chartered||Accountants|||| ||||47 Boutport Street|||||| ||||Barnstaple|||||| ||||Devon|||||| ||||EX31 1SQ|||||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||2022||2021| |---|---|---|---|---|---|---|---| |||||Unrestricted|Restricted||| ||||Note|funds
f|funds
f|Total funds|Total funds
2| |Income and endowments|||||||| |Donations
and legacies
Other trading activi5es
Investment
income|||4
5
6|31,852
11,164
6,075|11,850
929|43,702
12,093
6,075|61,710
16,084
5,673| |Other income|||7|34,368||S4,368|29,204| |Total income||||83,459|12,779|96,238|112,671| |Expenditure|||||||| |Expenditure
on raising funds:|||||||| |Costs of raising donations
and
legacies
Expenditure
on charitable
activities|||8
9,10|2,901
65,134|495
70|S,$96
65,204|4,571
79,949| |Total expenditure||||68,035|565|68,600|84,520| |Net gains on investments|||12|15,223||15,22$|25,815| |Net income and net movement||in|funds|30,647|12,214|42,861|53,966| |Reconciliation
offunds|||||||| |Total funds brought forward||||226,695|3,034|2295729|175,763| |Total funds carried forward||||257,342|15,248|272,590|229,729| ## ## ## |||Statement of Fina
31 March|ncial P
2022|osition||| |---|---|---|---|---|---|---| |||||2022||2021| |||||||2| |Fixed assets||||||| |Tangible fixed assets
Investments|||17
18||50,589
199,776|58,973
154,553| ||||||250,365|213,526| |Current assets||||||| |Debtors|||19|6,508||448| |Cash at bank and|in|hand||21,822||30,304| |||||28,$$0||30,752| |Creditors: amounts||falling due within one year|20|6,105||14,549| |Net current assets|||||22,225|16,203| |Total assets less|cunent liabilities||||272,590|229,729| |Net assets|||||272,590|229,729| |Funds ofthe charity
Restricted funds|||||15,248|3,034| |Unrestricted
funds|||||257,342|226,695| |Total charity funds|||21||272,590|229,729| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |impairment
activities
in
Donations|loss is recognised
under
the
appro
which the initial gain was recognised.
and legacies|priate
heading
in|the statement|of financial| |---|---|---|---|---| |||Unrestricted|Restricted|Total Funds| |||Funds
2|Funds
2|2022
f| |Donations||||| |Donations||9,547|11,000|205547| |Legacies
Legacies||22,055||22,055| |Grants||||| |Grants received||250|850|1,100| |Ringfenced|legal fees track repairs at Mill St|||| |Common||||| |||31,852|11,850|43,702| |||Unrestricted|Restricted|Total Funds| |||Funds|Funds|2021| |||2||2| |Donations||||| |Donations||8,432||8,432| |Legacies||||| |Legacies||||| |Grants||||| |Grants received||3,834|44,644|48,478| |Ringfenced|legal fees track repairs at Mill St|||| |Common||4,800||4,800| |||17,066|44,644|61,710| ## ## ## ## ## ## |Other trading a|ctivities|||| |---|---|---|---|---| |||Unrestricted|Restricted|Total Funds| |||Funds|Funds|2022| |||||2| |Licences||400||400| |Fundraising
events
Car boot sales||70
3,774||70
3,774| |Calendar
and leaflet sales||61||61| |Booksales||1,698||1,698| |Commemorative|Benches||929|929| |365Supporters||5,161||5,161| |||11,164|929|12,093| |||Unrestricted|Restricted|Total Funds| |||Funds|Funds|2021| |||2|2|2| |Licences||11,400||11,400| |Fundraising
events
Car boot sales||318
1,756||318
1,756| |Calendar
and leaflet sales||||| |Booksales||||| |Commemorative|Benches|500||500| |365Supporters||2,110||2,110| |||16,084||16,084| ## ||||Unrestricted|Total Funds|Unrestricted|Total Funds| |---|---|---|---|---|---|---| ||||Funds|2022|Funds|2021| ||||2|8|2|2| |Investment||income|6,069|6,069|5,651|5,651| |Bank interest receivable|||6|6|22|22| ||||6,075|65075|5,673|5,673| |Other|income|||||| ||||Unrestricted|TotalFunds|Unrestricted|Total Funds| ||||Funds|2022|Funds|2021| ||||2|2|2|| |Ground|rent||28,760|28,760|23,847|23,847| |Wayleaves|||993|993|926|926| |Other income|||366|366||| |Subsidies|||4,249|4,249|4,431|4,431| ||||34,368|34,368|29,204|29,204| ## ## ## ## ## ||||||Year ended 31 lllarch 2022||| |---|---|---|---|---|---|---|---| |8.|Costs ofraising||donations||and legacies||| ||||||Unrestricted|Restricted|Total Funds| ||||||Funds|Funds|2022| ||||||2|2|2| ||Great Tordngton||Commons||2,901|495|3,396| ||||||Unrestricted|Restricted|Total Funds| ||||||Funds|Funds|2021| ||||||2|2|2| ||Great Torrington||Commons||4,571||4,571| |9.|Expenditure|on|charitable||activities by fund type||| ||||||Unrestricted|Restricted|Total Funds| ||||||Funds|Funds|2022| ||||||2||2| ||Support costs||||65,134|70|65,204| ||||||Unrestricted|Restricted|Total Funds| ||||||Funds|Funds|2021| ||||||2|2|2| ||Support costs||||79,635|314|79,949| |10.|Expenditure|on|charitable||activities by activity type||| |||||||Total funds|Total fund| ||||||Support costs|2022|2021| ||||||2|2|2| ||Commons
maintenance||||65,204|65,204|79,949| |11.|Analysis ofsupport|||costs|||| ||||||Commons||| ||||||maintenance
2|Total 2022
f|Total 2021
2| ||Staff costs||||37,906|37,906|35,806| ||Light &heat||||647|647|582| ||Repairs &maintenance||||6,067|6,067|8,833| ||Insurance||||1,954|1,954|2,571| ||Other establishment
Travel costs|||costs|(45)
163|(45)
163|75
172| ||Accountancy||||1,770|1,770|1,753| ||Administration|Expense|||2,688|2,688|3,765| ||Depreciation||||16,867|16,867|19,661| ||Legal Fees||||(4,266)|(4,266)|5,453| ||Miscellaneous|expenses|||1,313|1,313|900| ||Advertising||||140|140|378| ||||||65,204|65,204|79,949| ## ## ## |12.|Net gains on investments|Net gains on investments|||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||Unrestricted||Total Funds||Unrestricted|Total Funds||| ||||||||Funds||2022|Funds||2021|| ||Gains/(losses)
assets|on other investment|||||15,223||15,223|25,815||25,815|| |13.|Net income||||||||||||| ||Net income is stated after||charging/(crediting):||||||||||| |||||||||||2022||2021|| |||||||||||2||2|| ||Depreciation|of tangible fixed||assets||||||16,667||19,661|| |14.|Independent|examination|fees||||||||||| |||||||||||||2021|| |||||||||||||2|| ||Fees payable
Independent|to the independent
examiner for:
examination
ofthe financial statements||||||||1,150||1,110|| |15.|Staff costs||||||||||||| ||The total staff costs and employee||||benefits for||the reporting||period are analysed as||follows:||| |||||||||||2022||2021|| ||Wages and salaries|||||||||375906||35,806|| ||The average|head count|of employees|||during|the year was 4 (2021:|||4).The average||number|of| ||full-time equivalent
employees|||during the year|||is analysed as follows:||||||| |||||||||||2022||2021|| |||||||||||No.||No.|| ||Number
of staff|||||||||1|||1| ## ## ## ## ## ## ## |17.|Year
Tangible fixed assets|ended 31 illlarch 2022||| |---|---|---|---|---| ||||Equipment|Total| ||Cost|||| ||At 1 April 2021
Additions||87,647
8,483|87&647
8&483| ||At 31 March 2022||96,130|96,130| ||Depreciation
At 1 April 2021
Charge for the year||28,674
16,867|28,674
16,867| ||At 31 March 2022||45,541|45,541| ||Carrying
amount
At 31 March 2022||50,589|50,589| ||At 31 March 2021||58,973|58,973| |18.|Investments|||| |||||Other| |||||investments| ||Cost or valuation|||| ||At 1 April 2021|||154,553| ||Additions|||30,000| ||Other movements|||15,223| ||At 31 March 2022|||199,776| ||Impairment|||| ||At 1 Apdl 2021 and 31 March 2022|||| ||Carrying
amount
At 31 March 2022|||199,776| ||At 31 March 2021|||154,553| ||All investments
shown above are|held at valuation.||| ||The historic cost cfthe investments|is2141,276(2021:RtI1,276).||| ## |||2022|2021| |---|---|---|---| |||2|| |Trade|debtors|6,508|448| ## ## ## |||2022|2021| |---|---|---|---| |||2|| |Trade creditors||1|1,754| |Accruals and deferred|income|6,104|12,795| |||6,105|14,549| ## ## |Unrestricted
fun|ds|||||| |---|---|---|---|---|---|---| ||At||||Gains and|At| ||1 Apr 2021|Income
f|Expenditure|Transfers|losses $1|Mar 2022| |General funds
Investment|72,142
154,553|83,459|(68,035)|(30,000)
30,000|15,223|57,566
199,776| ||226,695|83,459|(68,035)||15,223|257,342| ||At||||Gains and|At| ||1 Apr 2020|Income|Expenditure|Transfers|losses 31|Mar 2021| |General funds|55,427|68,027|(84,206)|32,894||72,142| |Investments|108,738|||20,000|25,815|154,553| ||164,165|68,027|(84,206)|52,894|25,815|226,695| ## ## ## ## |Restricted funds||||||| |---|---|---|---|---|---|---| ||At||||Gains and|At| ||1 Apr 2021
2|Income
2|Expenditure
2|Transfers
2|losses 31 Nlar 2022
2
f|| |Commemorative||||||| |benches|936|929|(70)|||1,795| |Town Council||||||| |grant|1,855|||||1,855| |Commemorative||||||| |bench- Mr||||||| |Jackson||||||| |Playpark||||||| |Bridge Repairs||||||| |Centenery
Bridge||||||| |Cavalier Bonfire||10,000||||10,000| |Monument||850|(495)|||355| |Wl 90th Trees||1,000||||1,000| ||3,034|12,779|(565)|||15,248| ||At||||Gains and|At| ||1 Apr 2020|Income|Expenditure|Transfers|losses 31 Mar 2021|| ||2|2|2|2||| |Commemorative||||||| |benches|1,000||(64)|||936| |Town Council||||||| |grant|1,855|||||1,855| |Commemorative||||||| |bench-
Mr||||||| |Jackson|243|||||| |Playpark|8,500|44,394||(52,894)||| |Bridge Repairs||125|(125)|||| |Centenery
Bridge||125|(125)|||| |Cavalier Bonfire||||||| |Monument||||||| |Wl 90th Trees||||||| ||11,598|44,644|(314)|(52,894)||3,034| ## ## ## ## ## ## |Analysis ofnet as|sets between funds|||| |---|---|---|---|---| |||Unrestricted|Restricted|Total Funds| |||Funds|Funds|2022| |||8|2|8| |Tangible fixed assets||50,589||50,589| |Investments||199,776||199,776| |Current assets||13,082|15,248|28,330| |Creditors less than|1 year|(6,105)||(6,105)| |Net assets||257,342|15,248|272,590| |||Unrestricted|Restricted|Total Funds| |||Funds|Funds|2021| |||2|2|2| |Tangible fixed assets||58,973||58,973| |Investments||154,553||154,553| |Current assets||27,718|3,034|30,752| |Creditors less than|1 year|(14,549)||(14,549)| |Net assets||226,695|3,034|229,729| ## ##