##
##
|Reference|and Administrative|and Administrative|and Administrative|Details||
|---|---|---|---|---|---|
||||||2to 7|
|Trustees'|Report|||||
|Statement||ofTrustees'|Responsibilities|||
|Independent||Examiner's|Report|||
||||||10to 11|
|Statement||of Financial|Activities|||
||||||12|
|Balance Sheet||||||
||||||13to 29|
|Notes to|the Financial||Statements|||
##
|Fortescue|Fortescue|Garden Trust|Garden Trust|Garden Trust|Garden Trust|
|---|---|---|---|---|---|
|Reference||and Administrative
Details||||
|Trustees||||Toby Fox||
|||||Mandy Robinson||
|||||Timothy
Upson||
|||||Rachel Watson||
|||||Saul Walker||
|||||Lisa Birch||
|||||Mark Brunsdon||
|Principal|Office|||The Garden
House
Buckland
Monachorum||
|||||Yelverton||
|||||Devon||
|||||PL20 7LQ||
|Charity|Registration||Number|203722||
|Investment||managers||Brewin
Dolphin
Vantage
Point||
|||||Woodwater
Park||
|||||Pynes
Hill||
|||||EXETER||
|||||EX2 5FD||
|Independent||Examiner||Francis Clark
Independent|LLP
examiner|
|||||North Quay House||
|||||Sutton Harbour||
|||||PLYMOUTH||
|||||Devon||
|||||PL4 ORA||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||||||Total|
|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|2022|
|||||Note||||
|Income and Endowments||from:||||||
|Membership
income, donations|||and grants||104,905|58,505|163,410|
|Other trading
activities|||||133,393||133,393|
|Investment
income|||||3,176||3,176|
|Total Income|||||241,474|58,505|299,979|
|Expenditure
on:||||||||
|Raising funds|||||(13,827)||(13,827)|
|Charitable
activities|||||(154,807)|(91,562)|(246,369)|
|Total Expenditure|||||(168,634)|(91,562)|(260,196)|
|Net income
/ (expenditure)|||||72,840|(33,057)|39,783|
|Other recognised|gains and||losses|||||
|Realised gains on|investment|assets|||2,131||2,131|
|Unrealised
gains on investment|||assets||9,835||9,835|
|Net movement
in funds|||||84,806|(33,057)|51,749|
|Reconciliation
of|funds|||||||
|Total funds
brought|forward||||394,045|46,137|440,182|
|Total funds carried|forward|||17|478,851|13,080|491,931|
##
##
||||||||Total|
|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|2021|
|||||Note||||
|Income and Endowments||from:||||||
|Donation
and grants|||||132,722|100,110|232,832|
|Other trading
activities|||||60,949||60,949|
|Investment
income|||||4,068||4,068|
|Total Income|||||197,739|100,110|297,849|
|Expenditure
on:||||||||
|Raising funds|||||(10,384)|(2,500)|(12,884)|
|Charitable
activities|||||(183,577)|(69,432)|(253,009)|
|Total Expenditure|||||(193,961)|(71,932)|(265,893)|
|Net income|||||3,778|28,178|31,956|
|Other recognised
gains|and losses|||||||
|Realised gains on investment||assets|||5,750||5,750|
|Unrealised
(losses) on investment|||assets||(11,603)||(11,603)|
|Net movement
in funds|||||(2,075)|28,178|26,103|
|Reconciliation
offunds||||||||
|Total funds
brought
forward|||||396,120|17,959|414,079|
|Total funds carried forward||||17|394,045|46,137|440,182|
|All ofthe Trust's activities|derive from continuing|||operations.||||
##
##
##
|||||||2022|2021|
|---|---|---|---|---|---|---|---|
||||||Note|||
|Fixed assets||||||||
|Tangible assets|||||12|194,943|211,184|
|Investments|||||13|148,994|133,541|
|||||||343,937|344,725|
|Current assets||||||||
|Stocks|||||14|650|650|
|Debtors|||||15|9,339|7,352|
|Cash at bank||and|in hand|||152,059|106,731|
|||||||162,048|114,733|
|Creditors: Amounts||||falling due within one year|16|(14,054)|(19,276)|
|Net current|assets|||||147,994|95,457|
|Net assets||||||491,931|440,182|
|Funds ofthe||charity:||||||
|Restricted|income funds|||||||
|Restricted
funds|||||17|13,080|46,137|
|Unrestricted||income||funds||||
|Unrestricted|funds|||||478,851|394,045|
|Total funds|||||17|491,931|440,182|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|2
Incom|e f|rom memberships,|donations
and gra|nts|||
|---|---|---|---|---|---|---|
||||Unrestricted||||
||||General|Restricted|Total|Total|
||||fund|funds|2022f|2021|
|Donations|||||||
|Membership||income|53,827||53,827|32,151|
|Donations||from individuals|8,058|12,415|20,473|39,379|
|Gift aid|claimed||26,352||26,352|12,208|
|Grants:|||||||
|Government||grants|15,143||15,143|41,357|
|Heritage|Fund|||46,090|46,090|88,110|
|Furlough|income||1,525||1,525|19,627|
||||104,905|58,505|163,410|232,832|
##
|3
Inco|me from other trading|activities||||
|---|---|---|---|---|---|
||||Unrestricted|||
||||General|Total|Total|
||||fund|2022f|2021|
|Events|income:|||||
|Gate|admissions||123,460|123,460|52,533|
|Property|rental income||9,896|9,896|8,216|
|Other income from other trading||activities|37|37|200|
||||133,393|133,393|60,949|
##
##
##
##
||||||||Unrestricted|||
|---|---|---|---|---|---|---|---|---|---|
||||||||General|Total|Total|
||||||||fundf|2022f|2021f|
|Income from||dividends;||||||||
||Dividends|receivable|||from other listed|||||
||investments||||||3,166|3,166|4,054|
|Interest receivable|||and||similar|income;||||
||Interest receivable|||on|bank deposits||10|10|14|
||||||||3,176|3,176|4,068|
|5|Expenditure
on|||raising funds||||||
|||||||||Total|Total|
||||||||Direct costsf|2022f|2021f|
|Costs of generating||||donations||and legacies|12,372|12,372|11,598|
|Investment
management|||||costs||1,455|1,455|1,286|
||||||||13,827|13,827|12,884|
##
##
##
##
|6
Expenditure
on|charitable
activities||||
|---|---|---|---|---|
|||Activity|Activity||
|||undertaken|support||
|||directly|costsf|2022f|
|Wages and pensions||115,024|44,224|159,248|
|Gardening
costs||12,333||12,333|
|Repairs and renewals||4,048||4,048|
|Rates and water||1,276||1,276|
|Insurance||8,318||8,318|
|Light and heat||7,763||7,763|
|Telephone||1,892||1,892|
|Postage, stationery|and computer|2,642||2,642|
|Sundries||730||730|
|Cleaning||2,119||2,119|
|Heritage
spend||9,335||9,335|
|Bank charges||3,285||3,285|
|Depreciation||16,241||16,241|
|Support costs|||14,889|14,889|
|Governance
costs|||2,250|2,250|
|||185,006|61,363|246,369|
##
##
##
##
##
|Support cos|ts allocat|ed to c|haritable
activities||||
|---|---|---|---|---|---|---|
|||||Other|||
|||||sUpport|Total|Total|
||||Basis of
allocation|costsf|2022f|2021f|
|Admin wages|||100%|44,224|44,224|40,208|
|Legal and professional||fees|100%|2,634|2,634|4,750|
|Accountancy|fees||100'/|12,255|12,255|10,626|
|||||59,113|59,113|55,584|
##
|||||||Unrestricted|||
|---|---|---|---|---|---|---|---|---|
|||||||General|Total|Total|
|||||||fund|2022|2021|
|Independent||examiner's|fees||||||
||Examination|ofthe financial|||statements|2,250|2,250|1,500|
|||||||2,250|2,250|1,500|
|8|Net incoming/outgoing|||resources|||||
|Net incoming||resources|for the||year include:||||
||||||||2022|2021|
|Depreciation||offixed assets|||||16,241|22,210|
|Independent||examiner's|fee||||2,250|1,500|
##
##
##
##
##
|10Staff costs
The aggregate
payroll costs were as follows:|||
|---|---|---|
||2022f|2021f|
|Staff costs during the year were:|||
|Wages and salaries|145,277|165,218|
|Social security costs|11,443|9,620|
|Pension costs|2,528|3,108|
||159,248|177,946|
|2022|2021|
|---|---|
|No|No|
|9|12|
##
##
##
##
##
|12Tangible f|ixed assets||||||
|---|---|---|---|---|---|---|
|||||Garden|||
|||||features,|||
|||Land|and|equipment|Cafe||
|||buildingsf||and fixtures
f|Improvements
f|Totalf|
|Cost|||||||
|At 1 February|2021|167,323||465,408|15,292|648,023|
|At 31 January|2022|167,323||465,408|15,292|648,023|
|Depreciation|||||||
|At 1 February|2021|||436,074|765|436,839|
|Charge for the|year|||15,476|765|16,241|
|At 31 January|2022|||451,550|1,530|453,080|
|Net book value|||||||
|At 31 January|2022|167,323||13,858|13,762|194,943|
|At 31 January|2021|167,323||29,334|14,527|211,184|
|13Fixed asset investments|||||||
||||||2022f|2021f|
|Shares
in group undertakings||and participating|interests||2|2|
|Other investments|||||148,992|133,539|
||||||148,994|133,541|
##
##
##
|Shares
in group undertakings
and participat|ing
interests||
|---|---|---|
||Subsidiary||
||undertakingsf|Totalf|
|Cost|||
|At 1 February 2021|||
|At 31 January 2022|||
|Net book value|||
|At 31 January 2022|||
|At 31 January 2021|||
|Other investments|||
||Listed||
||investmentsf|Totalf|
|Cost or Valuation|||
|At 1 February 2021|133,539|133,539|
|Revaluation|9,835|9,835|
|Additions|48,621|48,621|
|Disposals|(43,003)|(43,003)|
|At 31 January 2022|148,992|148,992|
|Net book value|||
|At 31 January 2022|148,992|148,992|
|At 31 January 2021|133,539|133,539|
##
##
##
##
|Subsidiary||Country|of|||Proportion|ofvoting|ofvoting|Principal|Principal|
|---|---|---|---|---|---|---|---|---|---|---|
|Undertaking||incorporation||Holding||rights and|shares|held|activity||
|||||||2022|2021||||
||||||||||Tea|room,|
|Garden
House
Enterprises
Limited||England
Wales|and|Ordinary|E1|100%|100%||plant
shop
and|and
sales
garden|
||||||||||events||
##
##
|2022f|2021|
|---|---|
|650|650|
##
##
##
|15Debtors||||
|---|---|---|---|
|||2022|2021|
|Due from group undertakings||375||
|Prepayments||5,115|6,142|
|Accrued income||3,630||
|VAT recoverable||219|1,210|
|||9,339|7,352|
|16Creditors: amounts|falling due within one year|||
|||2022|2021|
||||F|
|Trade creditors||7,597|8,265|
|Due to group undertakings|||2,061|
|Accruals||6,457|8,950|
|||14,054|19,276|
||LUI|N
C)|CLL||lA
CO|I|O
CO
lA|Q
O
O
~|I|Q
IA
CV
CO|I|O
00Q||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||VC|||||||||||||
||LU|||||||||||||
||LU|||||||||||||
|I
LU|I|||||I|I|I|I|I|I|||
||N|||||||||||||
|Q|2
Ul0VI|||||||||||||
|||N
I|CLI|||I|I|I|I|I|I|||
|||~I||||||||||||
|||lhC||||||||||||
|||LUI-||||||||||||
||lh
I
V
L|'LU
4l
'LU|LLI|||LA|O
OO||LA
CD|'|LA|CV(0
lA|CO
CD|
||0
lh|e||||LA|Q||||N|CD|Q
CO
CV|
||0L|lh
oV
I|CLL|COQ||I|Q
O
O|I|Q
CD
O|I|LA|LAO
lA||
||0|0||CO|||O||CO|||CO
lA||
||C|dl
N||N||||||||||
|LU
V
C|m~
~
CL
2
COL
St
I||ClL||OQ
lA|CU
lA
LA|O
P)
CO
LA|O
O
O
~|LA
O
W
CV|O
IA
CO|||00
O|
|LU|LL|||||||||||||
|LU||||||||||||||
##
##
##
##
##
##
##
|||Unrestricted||Total funds|
|---|---|---|---|---|
|||funds|Restricted|at 31January|
|||General|fundsf|2022f|
|Tangible|fixed assets|193,943|1,000|194,943|
|Fixed asset investments||148,994||148,994|
|Current|assets|149,968|12,080|162,048|
|Current|liabilities|(14,054)||(14,054)|
|Total net assets||478,851|13,080|491,931|
##
|19Analysis
ofn|et funds||||
|---|---|---|---|---|
|||At 1 February||At 31January|
|||2021
f|Cash flow
f|2022f|
|Cash at bank and|in hand|106,731|45,328|152,059|
|Net funds||106,731|45,328|152,059|
|||||At 31|
|||At 1 February|Financing|January|
|||2020f|cash flowsf|2021|
|Cash at bank and|in hand|17,920|88,811|106,731|
|Net funds||17,920|88,811|106,731|
##
##
##
##