|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|
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|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)|||||
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||||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|
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|||||||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|
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|CAMBRIDGE PAST, PRESENT &FUTURE|CAMBRIDGE PAST, PRESENT &FUTURE|CAMBRIDGE PAST, PRESENT &FUTURE||||Registered|Registered|number:|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|
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|.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|
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||||||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|
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||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|
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|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|
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||||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|
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|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|
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|||||||
|---|---|---|---|---|---|
|. 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|
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|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|
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||||||||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|