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||||||A|S AT31|DECEMBER 2021|DECEMBER 2021|||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||Charity||Group||
|||||||Notes|2021|2020|2021|2020|
||||||||6|f|f|f|
|Fixed Assets|||||||||||
|Tangible assets||||||9|4,801,419|5,142,722|4,801,419|5,142,722|
|Investments||||||10|7,339,157|6,652,433|7,339,155|6,652,431|
||||||||12,140,576|11,795,156|12,140,574|11,795,153|
|Current Assets|||||||||||
|Stocks||||||11|64,183|73,671|72,210|86,802|
|Debtors||||||12|277,120|881,504|271,817|193,275|
|Cash at bank and in||hand|||||1,244,834|412,479|1,640,415|1,300,641|
||||||||1,586,137|1,367,654|1,984,442|1,580,717|
|Liabilities|||||||||||
|Creditors: Amounts||falling|||due||||||
|within one year||||||13|(1,026,728)|(529,353)|(1,105,096)|(568,694)|
|||||||||(91,976)|-|(91,976)|
|Net Current|Assets||||||559,409|746,324|879,346|920,048|
|Total Assets|less Current||||Liabilities||12,699,985|12,541,479|13,019,920|12,715,200|
|Creditors: Amounts||falling|||due||||||
|after more than one||year:||||14|(1,325,038)|(1,408,024)|(1,325,038)|(1,408,024)|
|Discretionary<br>pension|||provision|||15|(220,200)|(241,900)|(220,200)|(241,900)|
|Net Assets|||||||11,154,747|10,891,555|11,474,682|11,065,276|
|Accumulated|Funds||||||||||
|Unrestricted|Funds:||||||||||
|Designated|Revaluation|||reserve||16|2,157,946|1,843,997|2,157,946|1,843,997|
|Designated|Fixed Asset||reserve|||16|4,489,418|4,752,722|4,489,418|4,752,722|
|Designated|Infrastructure||||Fund|16|1,000,000|1,138,742|1,000,000|1,138,742|
|Income and|Expenditure|||reserve||16|3,507,383|3,156,094|3,827,318|3,329,815|
|||||||17a)|11,154,747|10,891,555|11,474,682|11,065,276|






## 

||||||2021|2020|
|---|---|---|---|---|---|---|
||||||E|E|
|Cash flow from operating<br>activities|||||||
|Net cash provided<br>by operating<br>activities|||||711,915|(632,989)|
|Cash flows from investing<br>activities|||||||
|Investment<br>income and interest received|||||128,262|85,718|
|Finance costs|||||(63,726)|(43,060)|
|(Decrease) / Increase<br>in cash held by investment||manager|||(201,628)|129,057|
|Proceeds from disposal offixed asset investments|||||2,062,183|2,274,275|
|Acquisition<br>offixed asset investments|||||(1,863,227)|(2,138,549)|
|Payments to acquire tangible fixed assets|||||(434,007)|(89553)|
||||||(372,143)|217,888|
|Net increase<br>in cash and cash equivalents|||||339,772|(415,100)|
|Cash and cash equivalents<br>at beginning<br>of|year||||1,300,643|1,715,744|
|Cash and cash equivalents<br>at end ofyear|||||1,640,415|1,300,643|
|Reconciliation<br>of net income to net cash flow from operating|||activities||||
||||||2021|2020|
||||||E|E|
|Net income|||||409,405|(1,321,084)|
|Adjustments<br>for:|||||||
|Less investment<br>income|||||(128,262)|(85,718)|
|Add finance costs|||||63,726|43,060|
|Add depreciation<br>and disposal oftangible|fixed assets||||775,311|827,132|
|Add Loss / (Subtract Profit) on investment|assets||||(684,052)|(378,378)|
|Add<br>/ (Subtract) Pension<br>provision<br>adjustment|||||(21,700)|(900)|
|Decrease / (Increase) in stocks|||||14,592|8,538|
|Decrease / (Increase) in debtors|||||(102,087)|242,703|
|(Decrease) / Increase<br>in creditors|||||559,945|(1,376,366)|
|Increase/(Decrease)<br>in Long Term Creditors|||||(174,962)|1,408,024|
|Net cash provided<br>by operating<br>activities|||||711,915|(632,989)|
|Analysis ofchanges<br>in net debt|||||||
||As|at the 1stJanaury 2021||Cash Flow|As at the 31st|December 2021|
|Cash||E1,300,643||E339,773|E1,640,416||
|Loans falling due within one year||EO||E300,000|6300,000||
|Loans falling due after more than one year||E1,408,024||-E283,024|E1,125,000||





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|||||2021|2020|
|---|---|---|---|---|---|
|||||E|E|
|Turnover||||757,219|440,101|
|Cost ofsales||||(436,765)|(262,114)|
|Gross profit||||320,454|177,986|
|Administration|expenses|||(4,508)|(4,369)|
|Operating<br>profit||||315,946|173,617|
|Other income||||3,037|105|
|Profit on Ordinary||Activities before taxation||318,982|173,722|
|Tax on Profit on|Ordinary||Activities|||
|Retained<br>earnings||brought|forward|173,722|598,913|
|Gift Aid Distribution||to The Union Jack Club||(173,722)|(598,913)|
|Retained<br>earnings||carried|forward|318,982|173,722|



## 

|||2021|2020|
|---|---|---|---|
|||E|E|
|UK listed||99,097|59,378|
|Overseas|listed|29,094|24,710|
|||128,191|84,088|
|UK bank|deposit interest|71|1,629|
|Total for|the Group|128,262|85,718|





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|Provision ofme|mbership<br>and residential<br>services includes|support costs as follows:||
|---|---|---|---|
|||2021|2020|
|||E|E|
|Administration|staff costs|572,221|629,488|
|Legal and other|professional|132,363|47,414|
|||704,584|676,902|



|d)|STAFF COSTS|||||2021|2020|
|---|---|---|---|---|---|---|---|
|||||||E|E|
||Wages and salaries|||||3,048,081|3,409,273|
||Pension contributions|||||92,500|107,814|
||Employer's<br>National|insurance||Contributions||265,666|282,496|
||Termination<br>Costs|||||2,021|121,465|
||Club staff costs|||||3,408,268|3,921,048|
|||||||2021|2020|
|||||||No.|No.|
||The number<br>ofemployees||receiving emoluments||ofE60,000|||
||or more was as follows:|||||||
||E60,001 —E70,000|||||||
||E90,001 —F100,000|||||||
||E100,001 —6110,000|||||||
||6120,001 —F130,000|||||||
||6160,000 —F170,000|||||||



|employees<br>(20|20-62|0,150 in respect oftwo|employees).|||
|---|---|---|---|---|---|
|||||2021|2020|
|The average monthly||number ofemployees|during the year|No.|No.|
|was as follows;||||||
|Management|and Administration|||8|8|
|Union Jack Club staff||||120|145|
|||||128|153|



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## 

||FOR TH|FOR TH|FOR TH|FOR TH|FOR TH|E YEAR E|NDED 31DECE|MBER 20|21||
|---|---|---|---|---|---|---|---|---|---|---|
|10|FIXED ASSET INVESTMENTS||||||||2021|2020|
||||||||||f|E|
||Group||||||||||
||Investments||at|market value;|||||||
||At 1January||||||||6,652,430|6,409,775|
||Additions||||||||1,863,227|2,138,552|
||Disposals||||||||(2,062,183)|(2,274,275)|
||Net realised|gain /( loss ) on disposal|||||||16,858|(80,395)|
||Net unrealised|||investment|gain /|( loss)|||667,193|458,773|
||||||||||7,137,527|6,652,431|
||Cash held by||investment||manager||||201,628||
||At 31December||||||||7,339,155|6,652,431|
||Investments||comprise:||||||||
||UK equities|and||funds|||||4,102,717|3,816,129|
||Overseas equities||||||||3,034,810|2,836,302|
||Cash held||||||||201,628||
||||||||||7,339,155|6,652,431|
||Historical cost at 31December||||||||6,652,431|6,538,832|
||Club||||||||||
||As above||||||||7,339,155|6,652,430|
||Investment|in subsidiary|||undertaking||||2|2|
||||||||||7,339,157|6,652,432|
|11|STOCKS||||||Charity||Group||
||||||||2021|2020|2021|2020|
||||||||f|f|f|f|
||Brexlt Stocks||||||23,715|46,996|23,715|46,996|
||Shop||||||||8,027|13,131|
||Catering||||||15,121|9,471|15,121|9,471|
||Bar||||||25,347|17,204|25,347|17,204|
||||||||64,183|73,671|72,210|86,802|





## 

## 

||||||2021|2020|
|---|---|---|---|---|---|---|
||||||E|E|
|Gross pension||liability at start of|year||(241,900)|(242,800)|
|Pensions|paid||||20,700|20,700|
|Charge to|finance income||||(2,100)|(4,000)|
|Actuarial|(gain)|/ loss recognised|outside the income and expenditure|account|3,100|(15,800)|
|Gross pension||liability at year end|||(220,200)|(241,900)|



|Past service cost|Past service cost||||||
|---|---|---|---|---|---|---|
|Interest|on gross pension|liability|||(2,100)|(4,000)|
|Actuarial|(gain) / loss recognised||outside the income and expenditure|account|3,100|(15,800)|



## 



## 

## 

|a)|||2021||Income and||Fixed Asset||
|---|---|---|---|---|---|---|---|---|
|||||Revaluation|Expenditure|Infrastructure|Designated|2021|
|||||Reserve|Reserve|Fund|Fund|Total|
|||||E|E|f|||
||Tangible fixed assets|||312,000|||4,489,418|4,801,418|
||Investments|||1,845,946|4,493,209|1,000,000||7,339,155|
||Net assets||||879,347|||879,347|
||Creditors|&|One Year||(1,545,238)|||(1,545,238)|
|||||2,157,946|3,827,318|1,000,000|4,489,418|11,474,682|
|b)|||2020||||||
||||||Income and|External|Fixed Asset||
|||||Revaluation|Expenditure|Repair|Designated|2020|
|||||Reserve|Reserve|Fund|Fund|Total|
|||||E|E||||
||Tangible fixed assets|||390,000|||4,752,722|5,142,722|
||Investments|||1,453,997|4,059,692|1,138,742||6,652,431|
||Net assets||||1,012,023|||1,012,023|
||Creditors|&|One Year||(1,741,900)|||(1,741,900)|
|||||1,843,997|3,329,815|1,138,742|4,752,722|11,065,276|



## 

## 

|The charity had annual operating|lease commitments|as follows:|2021|2020|
|---|---|---|---|---|
|Within 1year|||4,256|10,213|
|Between 1and 5years||||4,256|