|Contents|||Page|
|---|---|---|---|
|Chair's Introduction||||
|Reference &Administration||Information||
|Structure, Governance|8 Management|||
|Objectives||||
|Activities & Public Benefit||||
|Achievements
&Performance||2020/21||
|Plans for Future Periods|||10|
|Financial
Review||||
|Appendix|||15|
|Auditor's
Report|||16|
|Statement of Financial Activities|||18|
|Balance Sheet|||19|
|Notes tothe Accounts|||21|
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|---|---|---|---|---|---|---|---|
|The Board was|supported|by the following members||ofstaff during the year:||||
|Chief Executive|Officer:|||James Littlewood||||
|Finance Manager/Company||Secretary|(PT0.6):|Robin
Barratt
(until|July 2020), Monika|Maintz|(until|
|||||February 2021)and|Clive Mitchell|||
|Senior Fundraising
Executive:||||Holly Kavanagh||||
|Education &Events Coordinator/Admin|||Officer:|Nicola Spurling||||
|Administration|Assistant|(PT0.3):||Lena Payne||||
|Senior Warden:||||Ed Wombwell||||
|Wardens:||||Hannah
Warren, James Allsop, Thev Cram||(PT0.7), Ray||
|||||Hackett (PT0.3)||||
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|Summary ofIncome and Expenditure
2020-202|1||
|---|---|---|
||2020/21|2019/20|
|Income|EONYs|EOOO's|
|Investment
Income|122|127|
|Rents|167|153|
|Membership|63|49|
|Donations
and Bequests|206|104|
|Wandlebury
Car Park|70|63|
|Grants|118|111|
|Education
Programme|1|25|
|Otherlncome|21|18|
|Total|769|650|
||2020/21|2019/20|
|Expenditure|EOOO's|EOmys|
|Estates|398|417|
|Planning &Green Spaces Campaign|21|35|
|Education Programme|39|65|
|Communication
&Membership|95|92|
|Raising Funds &Other Costs|28|23|
|Total|581|632|
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||||||||UNRESTRICTED FUNDS|UNRESTRICTED FUNDS|UNRESTRICTED FUNDS|RESTRICTED|TOTAL|TOTAL|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||Note|Non|Designated||FUNDS|FUNDS|FUNDS|
||||||||Designated||||||
||||||||Funds|Funds|||2021|2020|
||||||||6|6|||6|8|
|Income from:|||||||||||||
|Donations and legacies|||||||139,475|||170,095|309,570|196,974|
|Charitable
activities:|||||||||||||
|Estates||||||4a|197,160||||197,160|178,885|
|Education and Awareness||||||4b|1,267||||1,267|25,338|
|Communication
&Membership|||Services|||4c|64,113||||64,113|52,103|
|Other trading activities:|||||||||||||
|Subsidiary
company turnover|||||||69,889||||69,889|61,926|
|Investment
income|||||||122,386||||122,386|126,956|
|Other income|||||||4,335||||4,335|7,565|
|Total income|||||||598,624|||170,095|768,?19|649,746|
|Expenditure
on:|||||||||||||
|Raising funds:|||||||||||||
|Cost ofgenerating
voluntary||income|||||15,886||||15,886|12,966|
|Cost ofevents, book sales etc.||||||||||||310|
|Investment
management|costs||||||12,052||||12,052|10,172|
|Charitable
activities:|||||||||||||
|Estates|||||||267,857|||130,433|398,290|422,205|
|Planning
&Green Spaces Campaign|||||||20,941||||20,941|35,038|
|Education and Awareness|||||||39,416||||39,416|64,987|
|Communication
&Membership|||Services||||94,671||||94,671|91,721|
|Other expenditure
-loss on|disposal offixed||||assets||||||||
|Total expenditure|||||||450,822|||130,433|581,256|637,400|
|Net income/(expenditure)|before||transfers||and gains|and|||||||
|losses on investments|||||||147,802|||39,661|187,463|12,347|
|Unrealised
gains on investment||properties||||14|399,066||||399,066||
|Unrealised
(losses)/gains
on investments||||||14|534,745||||534,745|(333,576)|
|Realised gains on investments|||||||34215||||34215|49686|
|Net income/(expenditure)|for|the|year|||9|1,115,827|||39,661|1,155,489|(271,543)|
|Transfers between
funds:||||||20|||||||
|Fixed Asset Reserve Fund|||||||(148,216)|148,216|||||
|Strategic Property
Investment||Reserve|||||(1,100,964)|1,100,964|||||
|Leper Chapel &Bamwefi|Meadows|||Fund|||229||(229)||||
|Estate Improvement
Fund|||||||(100,000)|100,000|||||
|Restricted fund transfers|||||||14,806|||(14,806)|||
|Net movement
in funds|||||||(218,318)|1,348,951||24,855|1,155,489|(271,543)|
|Reconciliation
offunds:|||||||||||||
|Total funds brought forward|||||||3201 267|5004|513|95277|8301056|8572598|
|Total funds cerned
forward|||||||2,982,949|6,353,464||120,132|9,456,5L5|8,301,056|
|Made up of:|||||||||||||
|Charity funds
in Group Balance||Sheet|||||2,977,003|6,353,464||120,132|9,450,599|8,301,056|
|Funds retained
In the subsidiary||company|||||5,946||||5,946||
||||||||2,982,949|6,353,464||120,132|9,456,545|8,301,056|
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||||||||2021||2020|
|---|---|---|---|---|---|---|---|---|---|
||||||Note|Charity|Trading|Group|Group|
|||||||E|Subsidiary
f|||
|FIXEDASSETS||||||||||
|Tangible assets|||||13|515,732|5,946|521,678|367,516|
|Investments|||||14|8,648,286||8,648,286|7,228,362|
|||||||9,164,018|5,946|9,169,964|7,595,878|
|CURRENTASSETS||||||||||
|Stocks|||||15|1,779||1,779|1,746|
|Debtors|||||16|115,538|1,250|104,631|89,529|
|Cash at bank and in hand||||||275,684|13,916|289,600|681,227|
|||||||393,002|15,165|396,010|772,502|
|CREDITORS: amounts|falling due|||||||||
|within one year|||||17|102,741|15,166|105,750|62,557|
|NET CURRENT ASSETS||||||290,260||290,260|709,944|
|CREDITORS: amounts|falling due|||||||||
|after one year|||||18|3,678||3,678|4,766|
|NETASSETS||||||9,450,600|5,946|9,456,545|8,301,056|
|THE FUNDS OF THE CHARITY:||||||||||
|Restricted
Income Funds|||||20|120,132||120,132|95,276|
|Unrestricted
Income Funds:||||||||||
|Designated
Funds:||||||||||
|Fixed Asset Reserve||Fund|||20|515,732||515,732|367,516|
|Strategic Property|Investment||Reserve||20|5,629,994||5,629,994|4,529,030|
|Leper Chapel &Barnwell Meadows||||Fund|20|107,738||107,738|107,967|
|Estate Improvement||Fund|||20|100,000||100,000||
|Non Designated
Funds:||||||||||
|General
Fund||||||2,977,003|5,946|2,982,949|3,201,267|
|TOTAL CHARITY FUNDS|||||21|9,450,599|5,946|9,456,545|8,301,056|
|CAMBRIDGE PAST, PRESENT &FUTURE||||Registered|number:|number:|c A
M a|R|I D G
E|
|---|---|---|---|---|---|---|---|---|---|
|||||(England and Wales)||||||
|CONSOLIDATED STATEMENT OF CASH FLOWS||||||||||
|FOR THE YEAR ENDED 31 MARCH 2021||||||||||
|||||||Note|2021||2020f|
|Cash flows from operating
activities:||||||||||
|Net cash used
in operating
activities||||||a)|108,942||(96,176)|
|Cash flows from investing
activities:||||||||||
|Dividends,
interest and rents from investments|||||||122,386||126,956|
|Proceeds from the sale of property,
plant and equipment||||||||||
|Purchase ofproperty,
plant and equipment|||||||(171,057)||(7,770)|
|Proceeds from sale ofinvestments|||||||250,000||3,217,680|
|Purchase ofinvestments|||||||~201,898|~3,032,908||
|Net cash (used in)/provided
by investing|activities||||||(500,569)||303,959|
|Change
in cash and cash equivalents
in the||reporting|period||||(391,627)||207,783|
|Cash and cash equivalents
at the beginning||ofthe reporting||period|||681,227||473,444|
|Cash and cash equivalents
at the end ofthe||reporting|period|||b)|289,600||681,227|
|Notes to the Statement ofCash Flows||||||||||
|a) Reconciliation
ofnet income forthe year to net cash flow||||from operating||activities||||
|Net (expenditure)fincome
for the reporting|period||||||1,155,489||(271,543)|
|Depreciation
charges|||||||16,895||16,070|
|Losses/(Gains)
on investments|||||||(568,960)||283,890|
|Unrealised
gains on investment
properties|||||||(399,066)|||
|Dividends,
interest and rents from investments|||||||(122,386)||(126,956)|
|(Profit)/loss
on sale offixed assets||||||||||
|(increase)/decrease
in stocks|||||||(33)||523|
|Decrease/(increase)
in debtors|||||||(15,102)||(7,945)|
|(Decrease)/increase
in creditors|||||||42,104||9,785|
|Net cash inflow/(used)
in operating
activities|||||||108.982|~96.126||
|b) Analysis ofcash and cash equivalents||||||||||
|Cash at bank and in hand|||||||289,600||681,227|
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|INCOME FROM DO|NATIONS
AND|LEGACIES|||||
|---|---|---|---|---|---|---|
||||2021||2020||
||||Unrestriicted|Restricted|Unrestricted|Restricted|
||||6|6|E||
|Grants and donations|||79,194|170,095|13,431|167,368|
|Legacies and bequests|||60,282||16,175||
||||139,475|170,095|29,606|167,368|
|INCOME FROM CHARITABLE ACTIVITIES|||||||
||||2021||2020||
||||Unrestricted|Restricted|Unrestricted|Restricted|
||||||E|6|
|a.Estates|||||||
|Grants &donations|||14,394||17,778||
|Rents received|||166,565||152,640||
|Visitor collection boxes|||5||2,114||
|Other income|||8,650||4,941||
|Sales and sundries|||7,546||1,412||
||||197,160||178,885||
|b.Education and awareness|||||||
|Grants &donations|||230||220||
|School visits|||1,025||21,129||
|Other users|||12||3,989||
||||1,267||25,338||
|c.Communication|&Membership|Services|||||
|Subscriptions|||63,170||48,808||
|Events|||943||3,295||
||||64,113||52,103||
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|||||||ACtMtlsS|Governance|and|||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||undertaken|support costs||Total Charity|Trading|Total Charity||
|Activity||||||dlmctly
6|(note 7)||unrestricted|Subsidiary
6|Restricted
6|2S2t Total
6|
|Estates||||||193,344|71,595||264,939|2,918|130,433|398,290|
|Planning|&Green Spaces Campaign|||||14,045|6,897||20,941|||20,941|
|Educaffon|and||Awareness|||19,828|19,588||39,416|||39,416|
|Communication|||8 Membership||Services|65,360|29311||94671|||94,671|
|||||||292,576|127,391||419,967|2,918|130,433|553,318|
|.SUPPORT COSTS|||||||||||||
||||||||||||Communic-|Planning
&|
|||||||||||Education|ation a|Green|
|||||||||||and|Membemhtp|SPSCSS|
|||||||||||Awamness|Sslvlcss|Campaign|
|||||||||||6|6||
|Administrative|||salaries and expenses||||||15,300|5,240|7,860|1,961|
|Office rates,||light, heat and repairs|||||||3,270|1,120|1,680|419|
|Insurance|||||||||13,000|1,300|1,300|433|
|Postage,|stationery|||and telephone|||||5,057|2,334|3,621|576|
|Publications||and subsuiptions|||||||82||494|123|
|Sundry expenses|||||||||82|28|42|10|
|Depreciation|||||||||629|215|323|81|
|Governance||(note 8)|||||||34,175|9,350|13,991|3,292|
||||||||||71,595|19,588|29,311|6,897|
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|. ANALYSIS OF STAFF COSTSAND REMUNERATION
|OF KEYMANAGEMENT
PERSONNEL||
|---|---|---|
||2021f|2020f|
|Wages and salaries|240,354|247,482|
|Pension costs|10,769|8,819|
|Social security costs|16,433|17,386|
||267,556|273,687|
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|TANGIBLE FIXEDA|SSETSCHARIlY|AND GROUP||||||
|---|---|---|---|---|---|---|---|
||Freehold||||Subsidiary|||
||land &|Fixtures|Estate|Charity|plant|&|Group|
||buildings|and fittings|equipment|Total|equipment||Total|
||8||F|8|8|||
|Cost orvaluation:||||||||
|At 1 April 2020|422,716|47,050|95,830|565,597|||565,597|
|Additions|153,473|2,664|8,256|164,393|6,664||171,057|
|Disposals||||||||
|At 31 March 2021|576,189|49,714|104,086|729,989|6,664||736,653|
|Depreciation:||||||||
|At 1 April 2020|86,984|41,358|69,738|198,081|||198,081|
|Charge for year|6,591|2,518|7,068|16,177||718|16,895|
|On disposals||||||||
|At 31 March 2021|93,575|43,876|76,806|214,258||718|214976|
|Net book value:||||||||
|At 31 March 2021|482,614|5838|27,280|515,732|5,946||521 678|
|At 31 March 2020|335,732|5,692|26,093|367,516|||367,516|
|The hist|orica|l cost offreehold
land and buildings
co|mprises:|
|---|---|---|---|
||||Freehold|
||||Land &|
||||Buildings|
||||2021|
||||8|
|Wandlebury||estate|331,734|
|Coton|||117,019|
|Bin Brook Meadows|||40,000|
|Granchester|||500|
|Hinxton|Mill||86,936|
||||576,189|
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|||Investment|Quoted|Total|
|---|---|---|---|---|
|||Property|Investments|2021|
|Cost orvaluation:||8|E|F|
|As at 1 April|2020|4,529,030|2,699,332|7,228,362|
|Additions||701,898||701,898|
|Revaluation||399,066||399,066|
|Disposals|||(250,000)|(250,000)|
|Realised gains on disposals|||34,215|34,215|
|Unrealised|(losses)/gains||534,745|534745|
|At31 March|2021|5,629,994|3,018,292|8,648,286|
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|---|---|---|---|---|---|---|
|. STOCKS|||||2021|2020|
||||||Charity|Charity|
||||||E|6|
|Books|||||1,779|1,746|
|. DEBTORS|||2021|2021|2020|2020|
||||Charity|Subsidiary|Charity|Subsidiary|
||||6|6|6|F|
|Gift aid and legacies|||9,192||7,446||
|Grants and other debtors|||1,090||1,451||
|Prepayments|||25,812|1,250|15,936|130|
|Amount due from trading||subsidiary|12,157||1,131||
|Accrued income - Rents|||8,400||18,949||
|Accrued income - Other|||58,887||45616||
||||115,538|1,250|90,530|130|
|. CREDITORS: amounts||falling due within one year|||||
||||2021|2021|2020|2020|
||||Charity|Subsidiary|Charity|Subsidiary|
||||E|F|6|6|
|Trade creditors|||41,314|2,154|5,743||
|Accruals &deferred|income||47,668|855|41,273|720|
|Other creditors|||12,671|12,157|13,874|1.131|
|Finance lease (see note||19)|1,088||948||
||||102,741|15,166|61,838|1,851|
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|---|---|---|---|---|
|CREDITORS:|amounts|falling due after one year|2021|2020|
||||E|E|
|Finance lease (see note||19)|3,678|4,766|
||||3,678|4,766|
|OBLIGATIONS UNDER||FINANCE LEASES|||
|Net obligations|repayable:||2021
6|2020f|
|Within one year|||1,088|948|
|Between one and five years|||3,678|4,766|
||||4,766|5,714|
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|21.ANALY|SIS OF NETASSET|SBETWEEN FUNDS||||
|---|---|---|---|---|---|
|||Tangible|Investments|Net|Total|
|||Fixed||Assets|2021|
|||Assets||||
|||6||||
|Restricted
Designated
Unrestricted|Funds
Funds
Funds|515,732
5,946
521,678|5,737,732
2,910,554
8,648,286|120,132
100,000
66,450
286,582|120,132
6,353,464
2,982,950
9,456,545|
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|||UNRESTRICTED FUNDS|UNRESTRICTED FUNDS|RESTRICTED|TOTAL|
|---|---|---|---|---|---|
|||General|Designated|FUNDS|FUNDS|
|||Fund|Funds||2020|
|Income from:||E|6||E|
|Donations
and legacies
Charitable
activities:||29,606||167,368|196,974|
|Estates
Education
and Awareness
Communication
&Membership
Other trading
activities:|Services|178,885
25,338
52,103|||178,885
25,338
52,103|
|Subsidiary
company
turnover
investment
income
Other Income||61,926
126,956
7,565|||61,926
126,956
7,565|
|Total income||482,378||167,368|649,746|
|Expenditure
on:||||||
|Raising funds:||||||
|Cost ofgenerating
voluntary
income
Cost ofevents, book sales etc.||12,966
310|||12,966
310|
|Investment
management
costs
Charitable
activities:||10,172|||10,172|
|Estates
Planning
&Green Spaces Campaign
Education
and Awareness
Communication
&Membership
Services
Other expenditure
-loss on disposal offixed||assets
282,908
35,038
64,987
91,721|5,450|133,846|422,205
35,038
64,987
91,721|
|Total expenditure||498,103|5,450|133,846|637,400|
|Net income/(expenditure)
before|transfers|and||||
|gains and losses on investments||(15,725)|(5,450)|33,522|12,347|
|Unrealised
gains on investment
properties||||||
|Unrealised
(gains)/losses
on investments
Realised gains on investments
Net income forthe year||(333,576)
49,686
(299,615)|(5,450)|33„522|(333,576)
. 49,686
(271,543)|
|Transfers
between funds:||||||
|Fixed Asset Reserve Fund
Strategic Property Investment
Reserve
Leper Chapel &Bamwell Meadows
Fund||8,299
250„000|(8,299)
(250,000)|||
|Restricted
Fund Transfers||610||(610)||
|Net movement
in funds||~40,707|~263,749|32,912|~271,343|