2022-03-31-accounts - Cambridge Past, Present & Future

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Contents			Page
Chair's Introduction
Reference	8 Administration	Information
Structure,	Governance 5 Management
Objectives
Activities	5 Public Benefit
Achievements 5 Performance		2021/22
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

STAFF
The Board was supported	by the following		members	ofstaff	during the		year:
Chief Executive Officer:				James	Littlewood
Finance Manager/Company	Secretary	(PT	0.6):	Clive Mitchell
Fundraising Manager:				Rachel	French
Principal Planning Officer	(PT0.6):			Sarah Nicholas		(from August 2021)
Cambridge Nature Network Officer:				Natalie	Lambert		(from November	2021)
Education Ik Events Coordinator/Admin		Officer:		Nicola	Spurling
Administration Assistant	(PT0.3):			Lena Payne
Estate Manager:				Ed Wombwell
Senior Warden:				James	Allsop
Wardens:				Hannah	Warren,		Thev Cram (PT	0.6), Ray Hackett (PT
				0.3)

			2021/22	2020/21
Income			f000's	E000's
Investment	Income		134	122
Rents			194	167
Membership			79	63
Donations	and Bequests		52	154
Wandlebury	Car Park		86	70
Restricted	Income		304	170
Education Programme			23	1
Other Income			16	21
Total			887	769
Expenditure			E000's	E000's
Estates			491	398
Planning Ik	Green Spaces Campaign		49	21
Education Programme				39
Communication gt Membership			97	95
Raising Funds gt Other Costs			30	28
Total			711	581
Net Income	before investment	gains	175	187

						UNRESTRICTED FUNDS	UNRESTRICTED FUNDS	RESTRICTED	TOTAL	TOTAL
					Note	Non	Designated	FUNDS	FUNDS	FUNDS
						Designated
						Funds f			2022f	2021f
Income from:
Donations and legacies						49,249	580,000	980,315	1,609,564	309,569
Charitable activities:
Estates					4a	188,819			188,819	197,160
Education and Awareness					4b	22,558			22,558	1,267
Communication & Membership			Services		4c	82,836			82,836	64,113
Other trading activities:
Subsidiary companies turnover						105,349			105,349	69,889
Investment income						134,415			134,415	122,386
Other income							187,161	172,432	359,593	4,335
Total income						583,226	767,161	1,152,747	2,503,134	768,718
Expenditure on:
Raising funds:
Cost ofgenerating voluntary income Cost ofevents, book sales etc.						17,466 83			17,466 83	15,886
Investment management Charitable activities:	costs					12,846			12,846	12,052
Estates						284,106	1,092	205,704	490,902	398,290
Planning &Green Spaces Education and Awareness	Campaign					49,296 44,151			49,296 44,151	20,941 39,416
Communication & Membership			Seniices			96,626			96,626	94,671
Other expenditure								172,432	172,432
Total expenditure						504 574	1,092	378,136	883,802	581,256
Net income/(expenditure) before			transfers		and gains and
losses on investments						78,652	766,069	774,611	1,619,332	187,462
Unrealised gains on investment Unrealised gains on investments Realised gains on investments		properties			14 14	159,140			159,140	399,066 534,745 34215
Net income/(expenditure) for		the	year		9	237,792	765,069	774,611	1,778,472	1,155,488
Transfers between funds:					20
Fixed Asset Reserve Fund						(686,582)	686,582
Strategic Properly Investment		Reserve				100,000	(100,000)
Leper Chapel &Bamwell Meadows				Fund
Estate Improvement Fund
Restriicted fund transfers						676,733		(676,733)
Net movement in funds						327,943	1,352,651	97,878	1,778,472	1,155,488
Reconciliation offunds:
Total funds brought forward						2 982949	6353464	120 132	9456545	8 301 056
Total funds carried forward						3,310892	7706115	218,010	11,235017	9,456,545
Made up of:
Charity funds in Group Balance		Sheet				3,315,192	7,706,115	218,010	11,239,317	9,450,599
Funds retained in the subsidiary		companies				(4,30D)			(4,300)	5,946
						3,310,892	7,7D6,115	218,010	11,235,017	9,456,545

								2022		2021
						Note	Charity	Trading	Group	Group
							F	Subsidiaries f
FIXEDASSETS
Tangible assets						13	1,202,314	4,280	1,206,594	521,678
Investments						14	9,294,587	145000	9,252,426	8,648,286
							10,496,901	149,280	10,459,020	9,169,964
CURRENT ASSETS
Stocks						15	1,185		1,185	1,779
Debtors						16	439,538	7,830	331,158	104,631
Cash at bank and in hand							489,707	149,082	638,789	289,600
							930,430	156,912	971,132	396,010
CREDITORS: amounts	falling		due
within one year						17	185,583	123,331	192,706	105,750
NET CURRENT ASSETS							744,847	33,581	778,426	290,260
CREDITORS: amounts	falling		due
after one year						18	2,430		2,430	3,678
NET ASSETS							11,239 317	182861	11,235017	9,456,545
THE FUNDS OF THE CHARITY:
Restricted Income Funds						20	218,010		218,010	120,132
Unrestricted Income Funds:
Designated Funds:
Fixed Asset Reserve		Fund				20	1,202,314		1,202,314	515,732
Strategic Property	Investment			Reserve		20	5,529,994		5,529,994	5,629,994
Leper Chapel & Barnwell			Meadows		Fund	20	106,646		106,646	107,738
Estate Improvement		Fund				20	100,000		100,000	100,000
The Callan Fund						20	767,161		767,161
Non Designated Funds:
General Fund Subsidiary Shares							3,315,192	182,761 100	3,310,892	2,982,949
TOTAL CHARITY FUNDS						21	11,239,317	182,861	11,235,017	9456,545

CAMBRIDGE PAST, PRESENT &FUTURE	CAMBRIDGE PAST, PRESENT &FUTURE	CAMBRIDGE PAST, PRESENT &FUTURE				Registered	Registered	number:	c A M a R	I D G E
						(England	and	Wales)
CONSOLIDATED STATEMENT OF CASH		FLOWS								e
FOR THE YEAR ENDED 31 MARCH 2022
								Note	2022	2021
									6	6
Cash flows from operating activities:
Net cash used in operating activities								a)	1,362,905	108,941
Cash flows from investing activities:
Dividends, interest and rents from investments									134,415	122,386
Proceeds from the sale ofproperty, plant	and		equipment
Purchase of property, plant and equipment									(603,131)	(171,057)
Acquisition ofsubsidiary property									(145,000)
Proceeds from sale of investments										250,000
Purchase of investments									~400,000 ~701.898
Net cash (used in)/provided by investing		activities							(1,013,716)	(500,569)
Change in cash and cash equivalents	in the			reporting	period				349,189	(391,628)
Cash and cash equivalents at the beginning				ofthe reporting		period			289,600	681,227
Cash and cash equivalents at the end	ofthe			reporting	period			b)	638,789	289600
Notes to the Statement ofCash Flows
a) Reconciliation ofnet income for the	year			to net cash	flow	from operating		activities
Net (expenditure)/income for the reporting			period						1,778,472	1,155,488
Depreciation charges									18,215	16,895
Losses/(Gains) on investments									(159,140)	(568,960)
Unrealised gains on investment properties										(399,066)
Dividends, interest and rents from investments									(134,415)	(122,386)
(Profit)/loss on sale offixed assets
(Increase)/decrease in stocks									594	(33)
Decrease/(increase) in debtors									(226,527)	(15,102)
(Decrease)/increase in creditors									85,706	42,104
Net cash inflow/(used) in operating activities									1382905	108941
b) Analysis ofcash and cash equivalents
Cash at bank and in hand									638,789	289,600

.GRA	NT INCOM	E AND OTHER INCOME
					2022	2021
During	the year	the Charity received the following	unrestricted	grants:	6	6
Rural	Payments	Agency			2,569	10,500
					2569	10,500

							2022	2021
During the year the Charity		received the	following	other income:			6	6
Grant income	through Charity for external		projects	- Cambridge	Nature	Network	172,432
Gift ofshares	in Subsidiary	undertaking	( see note	22)			187,161
							359,593

				Activities	Govemauce aod
Activity				undertaken directly	suppoIt costs (note 7)	Total Charity unrestricted	Trading Subsidiaries	Total Charity Restricted	2022Total
				6	K	6	K	6	6
Estates				178,169	95,488	273,656	11,541	205,704	490,902
Planning	&Green Spaces Campaign			13,531	35,765	49,296			49,296
Education	and	Awareness		27,140	17,011	44,151			44,151
Communication		8 Membership	Services	68,794	27832	96626			96,626
				287 634	176096	463,729	11,541	205704	680975

					Communic-	plaoolog 2
					ation &	Green
				Education aod	Membership	Spaces
			Estates	Awareness	Services f	Campaign 6
Administrative	salaries and expenses		34,053	5,025	7,986	16,884
Office rates, light, heat and repairs Insurance Postage, stationery and telephone Publications and subscriptions			5,597 14,948 9,150 117	826 1,495 4,081	1,313 1,495 7,213 702	2,775 498 3,389 176
Sundry expenses			627	93	147	311
Depreciation			1,015	150	238	503
Governance	(note	8)	29,980	5,341	8,738	11,229
			95488	17,011	27 832	35,765

	Freehold				Subsidiary
	land 8	Fixtures	Estate	Charity	plant 8	Group
	buildings f	and Sittings f	equipment f	Totalf	equipment f	Totalf
Cost orvaluation:
At 1 Apdil 2021	576,189	49,714	104,086	729,989		736,653
Additions	601,934	1,198		603,131		603,131
Disposals
Transfer from
Investment Property	100,000			100,000		100,000
At 31 March 2022	1 278 123	50912	104086	1,433 121	6,664	1 439785
Depreciation:
At 1 April 2021	93,575	43,876	76,806	214,258	718	214,976
Charge for year	6,591	3,143	6,816	16,549	1,666	18,215
On disposals
At 31 March 2022	100166	47 019	83,621	230,807	2,384	233,191
Net book value:
A\ 31 M I 2022	1,177957	3893	20465	I 202 314	4,280	1,206,594
A131 M 8 2021	482 614	5,838	27280	51, 32	5,946	521,678

				Freehold
				Land 8
				Buildings
				2022f
Wandlebury		estate		933,668
Coton				117,019
Bin Brook		Meadows		40,000
Granchester				500
Hinxton	Mill			86,936
Madingley		(Deemed cost on transfer from Investment	Property)	100,000
				1,278,123

GROUP
			Investment	Quoted	Total
Cost or valuation:			Property	Investments f	2022
As at 1 Apdil 2021			5,629,994	3,018,292	8,648,286
Additions				400,000	400,000
Subsidiary	Investment	Property	145,000		145,000
Revaluation
Disposals
Transfer to	Fixed Assets		(100,000)		(100,000)
Realised gains on disposals
Unrealised	gains/(losses)			159140	159,140
At 31 March 2022			5674994	3,577,432	9,252 426

			Investmentin	Quoted	Investment	Total
Cost or valuation:			Subsidiaries 6	Investments F	Property 6	2022f
As at 1 April 2021				3,018,292	5,629,994	8,648,286
Additions			187,161	400,000		587,161
Subsidiary	Investment	Property
Revaluation
Disposals
Transfer to	Fixed Assets				(100,000)	(100,000)
Realised gains on disposals
Unrealised	gains I(losses)			159140		159,140
At 31 March	2022		187,161	3,577432	5529994	9294 587

FIXEDA Aggregate	SSET INVESTMENTS (continued) Assets, Liabilities and Funds
		2021
Fixed Asset Investments		145,000
Net Current Assets		42,161
Total Net	Assets	187,161
Called Up	Share Capital	100
Retained	Earnings	187,061
		187,161
STOCKS		2022	2021
		Charity	Charity
			E
Books		1,185	1,779


. DEBTORS		2022	2022	2021	2021
		Charity 6	Subsidiaries E	Charity F	Subsidiary f
Gift aid and legacies		17,751		9,192
Grants and other debtors		235,390	7,630	1,090
Prepayments		27,664	200	25,812	1,250
Amount due from trading	subsidiaries	116,210		12,157
Accrued income - Rents		7,170		8,400
Accrued income - Other		35,353		58,887
		439,538	7,830	115,538	1,250

. CREDITORS: amo	unts falling due within	one year
		2022	2022	2021	2021
		Charity	Subsidiaries	Charity	Subsidiary
			6		E
Trade creditors Accruals 8deferred	income	73,308 100,015	1,985 5,136	41,314 47,668	2,154 855
Other creditors		9,472	116,210	12,671	12,157
Finance lease (see	note 19)	2,788		1,088
		185,583	123,331	102,741	15166

20.OTHER RESERVES
DESIGNATED FUNDS				2022f	2021f
a) Fixed Asset Reserve Fund
Balance at 1 April 2021				515,732	367,516
Transfers from/(to) Income and Expenditure:				686,582	148,216
Balance 31 March 2022				1,202,314	515,732
b) Strategic Property Investment		Reserve
Balance at 1 April 2021 Transfers from/(to) Income and Expenditure: Balance 31 March 2022				5,629,994 ~(100,000 5,529,994	4,529,030 1,100,964 5,629,994
c)Leper Chapel &Barnwell	Meadows		Fund
Balance at 1 April 2021				107,738	107,967
Expenditure				(1,092)
Transfers (to)/from Income and Expenditure: Balance 31 March 2022				106646	(229) 107,738
d) Estate Improvement Fund
Balance at 1 April 2021				100,000
Transfers (to)/from Income and Expenditure:					100,000
Balance 31 March 2022				100,000	100,000
e) The Callan Fund
Balance at 1 April 2021
Income				767,161
Balance 31 March 2022				767,161
f)Summary oftransfers to/(from)		Income and
Expenditure Account:
Fixed Asset Reserve Fund				(686,582)	(148,216)
Strategic Property Investment		Reserve		100,000	(1,100,964)
Leper Chapel & Barnwell	Meadows		Fund		229
Estate Improvement Fund					(100,000)
The Callan Fund
				~586,582	~4,548,951

							UNRESTRICTED FUNDS	UNRESTRICTED FUNDS	RESTRICTED	TOTAL
							General	Designated	FUNDS	FUNDS
							Fund	Funds		2021
							K	6		6
Income from:
Donations and legacies							139,475		170,095	309,569
Charitable activities:
Estates							197,160			197,160
Education and Awareness							1,267			1,267
Communication 8 Membership				Services			64,113			64,113
Other trading activities:
Subsidiary company turnover							69,889			69,889
Investment income							122,386			122,386
Other Income							4,335			4,335
Total income							598,624		170,095	768,718
Expenditure on:
Raising funds:
Cost ofgenerating voluntary			income				15,886			15,886
Cost ofevents, book sales etc.
Investment management		costs					12,052			12,052
Charitable activities:
Estates							267,857		130,433	398,290
Planning &Green Spaces		Campaign					20,941			20,941
Education and Awareness							39,416			39,416
Communication &Membership				Services			94,671			94,671
Other expenditure -loss on	disposal offixed					assets
Total expenditure							450,822		130,433	581,256
Net income/(expenditure)	before			transfers		and
gains and losses on investments							147,802		39,662	187,462
Unreaiised gains on investment			properties				399,066			399,066
Unrealised (gains)/losses on		investments					534,745			534,745
Realised gains on investments							34,215			34,215
Net income for the year							1,115,828		39,662	1,155,488
Transfers between funds:
Fixed Asset Reserve Fund							(148,216)	148,216
Strategic Property Investment			Reserve				(1,100,964)	1,100,964
Leper Chapel & Barnwell	Meadows				Fund		229	(229)
Estate Improvement Fund							(100,000)	100,000
Restricted Fund Transfers							14,806		(14,806)
Net movement in funds							218318	1,348 951	24 856	1,155,488