|||Page||
|---|---|---|---|
|Report ofthe Trustees|1|to|5|
|Independent
Examiner's
Report||||
|Statement ofFinancial Activities||||
|Balance Sheet|8|to|9|
|Notes to the Financial Statements|10|to|17|
|Detailed Statement ofFinancial Activities|18|to|19|
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|for the Year End|ed 3|1stDecember|2020||||||
|---|---|---|---|---|---|---|---|---|
||||||||2020|2019|
||||||Unrestricted|Restricted|Total|Total|
||||||funds|funds|funds|funds|
|||||Notes|||||
|INCOME AND|ENDOWMENTS||FROM||||||
|Donations
and legacies|||||133,560||133,560|95,646|
|Charitable
activities|||||||||
|General|||||7,993||7,993|24,835|
|Christine Ladley|Fund|||||6,750|6,750|6,625|
|Fairlight Hall||||||6,552|6,552|(2.009)|
|National
Garden|Scheme|||||61,300|61,300|62,920|
|George Cadbury|Fund|||||19,700|19,700||
|Other trading activities|||||5,278||5,278|3,883|
|Investment
income|||||1,197||1,197|1,038|
|Other income|||||3,188||3,188|3,198|
|Total|||||151,216|94,302|245,518|196,136|
|EXPENDITURE ON|||||||||
|Raising funds|||||635||635|350|
|Charitable
activities|||||||||
|General|||||103.118||103,118|108,484|
|Christine Ladley|Fund|||||4,955|4,955|5,945|
|Fairlight Hall||||||1,343|1,343|2,492|
|Ashendene
Funds||||||||1,075|
|National
Garden|Scheme|||||33,574|33,574|54,555|
|George Cadbury|Fund|||||366|366||
|Total|||||103,753|40,238|143,991|172,901|
|Net gains/(losses)|on investments||||(2,615)||(2,615)|7,330|
|NET INCOME,||||||54,064|98,912|30,565|
|RECONCILIATION||OF FUNDS|||||||
|Total funds brought forward|||||95,520|65,828|161,348|130,783|
|TOTAL FUNDS CARRIED FORWARD|||||140.368|119,892|260,260|161,348|
|||||2020|2019|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Totall|
|||funds|funds|funds|funds|
||Notes|||||
|FIXEDASSETS||||||
|Tangible assets|9|186||186|32l|
|Investments|10|52,875||52,875|54,435|
|||53,061||53,061|54,756|
|CURRENT ASSETS||||||
|Debtors
Cash at bank||3,155
97,336|1,400
123,396|4,555
220,732|5,755
118,796|
|||100,491|124,796|225,287|124,551|
|CREDITORS||||||
|Amounts
falling due within one year|12|(13,184)|(4,904)|(]8,088)|(17.959 )|
|NET CURRENT ASSETS||87,307|119,892|207,199|106.,592|
|TOTAL ASSETSLESSCURRENT||||||
|LIABILITIES||140,368|119,892|260,260|161.348|
|NET ASSETS||140,368|119,892|260,260|161,348|
|FUNDS|14|||||
|Unrestricted
fund's
Restricted funds||||140,368
119,892|95,520
65,828|
|TOTAL FUNDS||||260,260|161,348|
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|||2020|2019|
|---|---|---|---|
|Fundraising|events||(10)|
|Other income||5,278|3,893|
|||5,278|3,883|
|3.|INVESTMENT INCOME|INVESTMENT INCOME|||
|---|---|---|---|---|
||||2020|2019|
||Dividends||1,105|1,038|
||Deposit account interest||92||
||||1,197|1,038|
|4.|RAISING FUNDS||||
||Raising donations
and legacies||||
||||2020|2019|
||Support costs||232||
||Investment
management|costs|||
||||2020|2019|
||Portfolio management||49|68|
||Aggregate
amounts||635|350|
|5.|NET INCOME/(EXPENDITURE)||||
||Net income/(expenditure)|is stated after charging/(crediting):|||
||||2020|2019|
||Depreciation - owned assets||135|135|
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|Trustees'|expenses|||
|---|---|---|---|
|||2020|2019|
|Trustees'|expenses|1,083|1,484|
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|7.|STAFFCOSTS|||||||
|---|---|---|---|---|---|---|---|
|||||||2020|2019|
||Wages and salaries|||||30,712|30,168|
||Other pension costs|||||548|493|
|||||||31,260|30,661|
||The average monthly|nuinber ofemployees|||during the year was as follows:|||
|||||||2020|2019|
||Office||||||2|
||No employees
received||emoluments|in excess of660,000.||||
||COMPARATIVES FOR THE STATEMENT OFFINANCIAL ACTIVITIES|||||||
||||||Unrestricted|Restricted|Total|
||||||funds|funds|funds|
||INCOME AND ENDOWMENTS|||FROM||||
||Donations
and legacies||||95,646||95,646|
||Charitable
activities|||||||
||General||||24,835||24,835|
||Christine
Ladley Fund|||||6,625|6,625|
||Fairlight Hall|||||(2,009)|(2,009)|
||National
Garden Scheme|||||62,920|62,920|
||Other trading activities||||3,883||3,883|
||Investment
income||||1,038||1,038|
||Other income||||3,198||3,198|
||Total||||128,600|67,536|196,136|
||EXPENDITURE ON|||||||
||Raising funds||||350||350|
||Charitable
activities|||||||
||General||||108,484||108,484|
||Christine
Ladley Fund|||||5,945|5,945|
||Fairlight Hall|||||2,492|2,492|
||Ashendene
Funds|||||1,075|1,075|
||National
Garden Scheme|||||54,555|54,555|
||Total||||108,834|64,067|172,901|
||Net gains on investments||||7,330||7,330|
||NET INCOME||||27,096|3,469|30,565|
||RECONCILIATION||OFFUNDS|||||
||Total funds brought|forward|||68,424|62,359|130,783|
|8.|COMPARATIVES FORTHE STA.TEMENT OFFINANCIAL ACTIVITIES -|COMPARATIVES FORTHE STA.TEMENT OFFINANCIAL ACTIVITIES -|continued||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total|
|||funds|funds|funds|
||TOTAL FUNDS CARRIED FORWARD|95,520|65,828|161,348|
|9.|TANGIBLE FIXEDASSETS||||
|||||Fixtures|
|||||and|
|||||fittings|
||COST||||
||At 1stJanuary 2020 and 31stDecember 2020|||11,789|
||DEPRECIATION||||
||At 1stJanuary 2020|||11,468|
||Charge for year|||135|
||At 31stDecember 2020|||11,603|
||NET BOOKVALUE||||
||At 31stDecember 2020|||186|
||At 31stDecember 2019|||321|
|10.|FIXEDASSETINVESTMENTS||||
|||Listed|Investment||
|||investments|cash|Totals|
||MARKET VALUE||||
||At 1stJanuary 2020|53,232|1,203|54,435|
||Additions|2,193|341|2,534|
||Disposals||(1,479)|(1,479)|
||Revaluations|(2,615)||(2,615)|
||At 31stDecember 2020|52,810|65|52,875|
||NET BOOKVALUE||||
||At 31stDecember 2020|52,810|65|52,875|
||At 31stDecember 2019|53,232|1,203|54,435|
|Notes to the Financial Statements|Notes to the Financial Statements|Notes to the Financial Statements|- continued||||
|---|---|---|---|---|---|---|
|for the|Year Ended 31stDecember 2020||||||
|11.|DEBTORS:AMOUNTS||FALLING DUE WITHIN ONE YEAR||||
||||||2020|2019|
||Trade debtors||||355|243|
||Prepayments
and|accrued income|||4,200|5,512|
||||||4,555|5,755|
|12.|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR||||||
||||||2020|2019|
||Bank loans and overdrafts||(see note 13)||8,431|9,375|
||Trade creditors||||3,732|2,767|
||Social security and other taxes||||216|216|
||Pension Fund||||107|105|
||Accrued expenses||||5,602|5,496|
||||||18,088|17,959|
|13.|LOANS||||||
||An analysis ofthe maturity||ofloans is given below:||||
||||||2020|2019|
||Amounts
falling due within one year on demand:||||||
||Bank overdrafts||||8,431|9,375|
|14.|MOVEMENT IN FUNDS||||||
||||||Net||
||||||movement|At|
|||||At 1/1/20|in funds|31/12/20|
||Unrestricted
funds||||||
||General fund|||79,817|47,463|127,280|
||Revaluation
Reserve|||15,703|(2,615)|13,088|
|||||95,520|44,848|140,368|
||Restricted funds||||||
||Christine
Ladley|Fund||2,867|1,795|4,662|
||Fairlight Hall||||5,209|5,209|
||National
Garden|Scheme||62,961|27,726|90,687|
||George Cadbury|Fund|||19,334|19,334|
|||||65,828|54,064|119,892|
||TOTAL FUNDS|||161,348|98,912|260,260|
##
##
|||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|
|||resources|expended|losses|in funds|
|Unrestricted
funds||||||
|General fund||151,216|(103,753)||47,463|
|Revaluation
Reserve||||(2,615)|(2,615)|
|||151,216|(103,753)|(2,615)|44,848|
|Restricted funds||||||
|Christine Ladley Fund||6,750|(4,955)||1,795|
|Fairlight Hall||6,552|(1,343)||5,209|
|National
Garden Scheme||61,300|(33,574)||27,726|
|George Cadbury Fund||19,700|(366)||19,334|
|||94,302|(40,238)||54,064|
|TOTAL FUNDS||245,518|(143,991)|(2,615)|98,912|
|Comparatives
for movement|in funds|||||
|||||Net||
|||||movement|At|
||||At 1/1/19|in funds|31/12/19|
|Unrestricted
funds||||||
|General fund|||60,051|19,766|79,817|
|Revaluation
Reserve|||8,373|7,330|15,703|
||||68,424|27,096|95,520|
|Restricted funds||||||
|Christine Ladley Fund|||2,187|680|2,867|
|Fairlight Hall|||4,501|(4,501)||
|Ashendene
Funds|||1,075|(1,075)||
|National
Garden Scheme|||54,596|8,365|62,961|
||||62,359|3,469|65,828|
|TOTAL FUNDS|||130,783|30,565|161,348|
##
##
|||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|
|||resources|expended|losses|in funds|
|Unrestricted
funds||||||
|General|fund|128,600|(108,834)||19,766|
|Revaluation
Reserve||||7,330|7,330|
|||128,600|(108,834)|7,330|27,096|
|Restricted funds||||||
|Christine|Ladley Fund|6,625|(5,945)||680|
|Fairlight|Hall|(2,009)|(2,492)||(4,501)|
|Ashendene
Funds|||(1,075)||(1,075)|
|National|Garden Scheme|62,920|(54,555)||8,365|
|||67,536|(64,067)||3,469|
|TOTAL|FUNDS|196,136|(172,901)|7,330|30,565|
|||Net||
|---|---|---|---|
|||movement|At|
||At 1/1/19|in funds|31/12/20|
|Unrestricted
funds||||
|General fund|60,051|67,229|127,280|
|Revaluation
Reserve|8,373|4,715|13,088|
||68,424|71,944|140,368|
|Restricted funds||||
|Christine Ladley Fund|2,187|2,475|4,662|
|Fairlight Hall|4,501|708|5,209|
|Ashendene
Funds|1,075|(1,075)||
|National
Garden Scheme|54,596|36,091|90,687|
|George Cadbury Fund||19,334|19,334|
||62,359|57,533|119,892|
|TOTAL FUNDS|130,783|129,477|260,260|
##
##
|A current
year 1
follows:|2 months
and prior ye|ar 12 months
combined
net|movement
in fun|ds,
included
in t|he above are|
|---|---|---|---|---|---|
|||Incoming|Resources|Gains and|Movement|
|||resources|expended|losses|in funds|
|Unrestricted
funds||||||
|General fund||279,816|(212,587)||67,229|
|Revaluation
Reserve||||4,715|4,715|
|||279,816|(212,587)|4,715|71.944|
|Restricted funds||||||
|Christine Ladley|Fund|13,375|(10,900)||2,475|
|Fairlight Pall
Ashendene
Funds||4,543|(3,835)
(1,075)||708
(1,075 )|
|National
Garden|Scheme|124,220|(88,129)||36,091|
|George Cadbury|Fund|19,700|(366)||19,334|
|||161,838|(104,305)||57,533|
|TOTAL FUNDS||441,654|(316,892)|4,715|129,477|
##
##
|for the Year Ended 31st|December 2020|||
|---|---|---|---|
|||2020|2019|
|INCOME AND ENDOWMENTS||||
|Donations
and legacies||||
|Donations||51,342|2,134|
|Subscriptions||32,118|25,861|
|Registrations
fees||47,828|65,000|
|Garden Owners subscription||2,272|2.651|
|||133,560|95,646|
|Other trading activities||||
|Fundraising
-vents
Other income||5,278|(10)
3.893|
|||5,278|3,883|
|Investment
income||||
|Dividends||1,105|1,038|
|Deposit account interest||92||
|||1,197|1,038|
|Charitable
activities||||
|Christine
Ladley Fund
Fairlight Hall
National
Garden Scheme
Practical Skills Day
Workshops||6,750
6,552
61,300
3,071
4,75S|6,625
(2,009)
62,920
3,3IO
9.443|
|Tours
Visits||164|10,320
1.762|
|George Cadbury
Fund||19,700||
|||102,295|92,371|
|Other income||||
|Tax recovered
on gift aid||3,188|3,198|
|Total incoming resources||245,518|196,136|
|EXPENDITURE||||
|Other trading activities||||
|Stock for resal'e||354|282|
|Investment
management|costs|||
|Portfolio management||49||
|Charitable
activities||||
|Sundries||||
|Carried forward||||
##
|for the Year Ended 3|1stDecember 2020|||
|---|---|---|---|
|||2020|2019|
|Charitable
activities||||
|Brought forward|||1|
|Travelling
expenses -|WFGA|5,133|7,364|
|Workshops,
tours and|forum|81,944|112,152|
|||87,077|119,517|
|Support costs||||
|Management||||
|Advertising||3,020|3,184|
|Office expenses||5,572||
|Equipment||135|135|
|||8,727|3,319|
|Finance||||
|Wages||30,712|30,168|
|Pensions||548|493|
|Bank charges||1,719|1,910|
|Accountancy||900|900|
|Bookkeeping||739|1,449|
|||34,618|34,920|
|Other||||
|Rent, rates and insurance||5,482|5,469|
|Light and heat||479|598|
|Postage and stationery||2,519|4,113|
|Sundries||2,322|234|
|Broadband &website||1,049|2,897|
|||11,851|13,311|
|Governance
costs||||
|Trustees'
expenses||1,083|1,484|
|Legal fees||232||
|||1,315|1,484|
|Total resources expended||143,991|172,901|
|Net income before gains and losses||101,527|23,235|
|Realised recognised|gains and losses|||
|Realised gains/(losses)|on fixed asset investments|(2,615)|7,330|
|Net income||98,912|30,565|