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2021-03-31-accounts

Directors'/
Trustees'
report		 1-10
Reference and administrative
details
Statement of trustees'
responsibilities		 12
Independent
auditor's
report		 13-15
Statement offinancial activities
Balance sheet 17
Statement ofcash flows
Notes to the financial statements 19-33

Unrestricted Unrestricted
Notes general designated Restricted Total funds Total funds
funds funds funds
2021 2021 2021 2021 2020
INCOMING
RESOURCES
Incoming resources from charitable activities 827,934 827,934 964,179
Incoming resources from other trading activities 89,212 89,212 737,912
Incoming resources from donations and legacies 495,034 495,034 29,034
Incoming resources from investments 50
Incoming resources from other income 53,251 53,251
TOTAL INCOMING
RESOURCES		 1,465,431 1,465,431 1,731,175
RESOURCES EXPENDED
Expenditure
on raising funds		 9 229,010 229,010 822,126
Expenditure
on charitable
activities		 10 791,915 791,915 839,582
Expenditure
on defined benefit schemes		 21 140,000 140,000 140,000
Expenditure
on investments		 177
TOTAL RESOURCES EXPENDED 1,160,925 1,160,925 1,801,885
NET INCOME/(EXPENDiTURE) 304,506 304,506 (70,710)
Reallocation ofdepreciation
charges between funds		 42,871 (30,059) (12,812)
OTHER RECOGNIED GAINS/(LO5SES)
Actuarial
(losses)/ gains on de6ned benefit schemes		 21 (59,000} (59,000)
NET MOVEMENT
IN FUND5		 288,377 (3Q,059) (12,812) 245,506 (58,710)
RECONCIUATION
OF FUNDS
Total funds brought forward (2,108,533) 2,799,454 54,702 745,623 804,333
Total funds carried forward (1,820,156) 2,769,395 41,890 991,129 745,623
Notes 2021 2020
f f
FIXED ASSETS
Tangible assets 3,707,803 3,746,886
3,707,803 3,746,886
CURRENTASSETS
Stock 13 7,079 12,609
Debtors 14 62,888 116,056
Cash at bar k and
in hand		 397,948 68,136
467,915 196,801
CREDITORS; Amounts falling due within one year (103,609) (127,634)
NET CURRENT ASSETS 364,306 69,167
TOTAL ASSETS LESS CURRENT LIABILITIES 4,072,109 3,816,053
CREDITORS: Amounts failing due after more than one year 17 (907,980) (976,430)
PENSION LIABILITY 21 (2,173,000) (2,094,000)
NET ASSETS 991,129 745,623
FUNDS OF THE CHARITY
RESTRICTED FUNDS 41,890 54,702
UNRESTRICTED FUNDS
Designated
funds:		 23
Revaluation reserve 2,247,546 2,270,935
Designated funds 521,849 528,519
2,769,395 2,799,454
Unrestdcted
general funds		 (1,820,156) (2,108,533)
TOTAL UNRESTRICTED FUNDS 690,921
TOTAL FUNDS 991,129 745,623

Notes 2021 2020
F. E
Net cash flow from operating
activities		 392,946 (138,679)
Cash flows Rom Investing activities
Proceeds from sale offiaed assets
Proceeds from sale ofinvestments 827
Purchases
offhed assets		 (7,639) (8,787)
Net cash from investing
activities		 (7,639} (7,960)
Cash flows from financing activities
Repayment
ofborrowings		 (55,495) (72,558)
New borrowings 279,032
Net cash from flnancing
activities		 (55,495) 206,474
Net Increase/ (decrease) in rash and cash equivalents 329,812 59,835
Cash and cash equivalents at beginning ofyear 68,136 8,301
Cash and cash equivalents at end ofyear 397,948 68,136
Cash and cash equivalents comprise:
Cash at bank and in hand 397,948 68,136
Bank overdrafts
397,948 68,136

No signlncant
ac oun!Ing estimates and Judgements		 No signlncant
ac oun!Ing estimates and Judgements		 No signlncant
ac oun!Ing estimates and Judgements		 No signlncant
ac oun!Ing estimates and Judgements		 No signlncant
ac oun!Ing estimates and Judgements		 have had have had to be made by the directors in preparing be made by the directors in preparing these
financial statements
DISCONTINUED
OPERATIONS
The lease for the Crick' «Iers public house was transferred on 10August 2020.
The ir come and exp nditure incurred during the year ending 31 March 2021was as follow~:
2021 20ZO
E E
incoming resources
incoming
resources		 from trading activities 587,530
lncorelng resources from other Income 53,251
53,251 587,530
Resources expended
Dire*cr vts 3,463 293,353
Salaries 24,168 201,547
Premises costs 9,478 76,199
General exper. es 1,412 28,619
Supportcosts 78,515
3S,521 678,233
NET INCOME/(EXPENDITURE) 14,730 (90&703)
STAFF COSTS 20Zi 2020
Number Number
Average number of persor s employed by the company, Including directors,
dudng the year:
Production 70 72
Sales and di*ribut'on 5 15
Admi~istratiun
and		 management 10 11
85 98
2021 Z020
6 E
Staff costs incurred during the year in respect ofthese ample yeas were:
Wages and salaries 660,336 895,773
su. Ial security costs 19,622 22,400
679,958 91S,173
There were no employees
earning over E60,000per		 annum (2020-Nil).
During the year, rone ofthe truslees have been remunerated via the charity's payroll scheme.
Ei INCOME FROIVI CHARITABLEACfMTIES INCOME FROIVI CHARITABLEACfMTIES INCOME FROIVI CHARITABLEACfMTIES INCOME FROIVI CHARITABLEACfMTIES 2021 2020
E 6
Rent and charges receivable 270,999 285,161
Charges raised against local authorities.
Bracknell Tovrn Council 16,846 27,916
Wotingham
Borough Coundl		 17,617 21,140
Hampshire
County Council		 141,775 172,397
Somerset County Council 13,558 23,258
North Yorkshire County Council 15,384 17,160
TESG/ Access toWork grants receivable 351,755 427,147
827,934 964,179
7 INCOME FROM OTHERTRADING ACTIVITIES 20Zi ZDZ0
6 E
Workshop 80,250 119,675
Charity shop 8,962 30,707
Cricketers 587,530
99,212 797912
8 INCOME FROM DONATIONS AND LEGACIES 2021 20?0
E 6
Coronavirus
lob Rentention		 Scheme 84 Grants 380,110
Fundraising 89,530 29,034
Community
pantry		 25,394
499II44 299-4

STOCK
2021 2020
E E
Raw materials 7,079 7,079
Goods purchased for re~ale 5,530
7,079 12,609
DEBTORS
2021 2020
E E
Trade debtors 18,521 25,534
Other debtors 24,989 64,413
Prepayments and accrued income 19,378 26,109
62,888 116,056
All amounts included above are receivable within one year ofthe balance sheet date,
CREDITORS; amounts falling due within one year
2021 2020
f f
Banks loans and overdrafts 36,160 35,575
Trade creditors 30,520 44,932
Other tavation and social security 13,102 18,638
Accruals
and		 deferred income 16,127 17,621
Other creditors 7,700 10,868
103,609 127,634

Balance as at 1April 2020 as at 1April 2020 2,355
Amount released to incoming resources from generated funds (2,355)
Amount deferred in year 1,185
Balance as at 31 March 2021 1,185
21 PENNON COrnrdrrtvtENTS PENNON COrnrdrrtvtENTS -coralnusd
Discount rats
Inflation
(RPI)
Infisdon
(CPI)		 LEON
Ravelustian
br deferment		 1.gfr'v
Pension
inuesses		 RPI (3,5) 3.IXru 3004I
Pendon inuassss Heed 3 3001I 3.002
MortsEty:
Essatable 52PXA 52FAA
AEowxnce forfuture Improvements CMI2019(05N] CMI7019[0.5'.4]
Prment value af defined bans nt obtigstrrm 2P97.IXXI 2@75OIQ
Fair value ofplan auets [224 QQCI (231,000)
Net dsfirred
b en		 eEt Esbigty
COIVIPOSITION OF PLAN ASSETS
Equ'n'es 195IXO
Cash (14,000)
Odmr
AfrllOUMIS RECOQMISED IN THE STATES4ENT OF FNAASICIAL ATTIVITIES
Incfudsd
Er edn rnbtrotfre		 cortc
Expenses paid
lncerdrd Er/scenes costs
Intermt on nat gab Wty 57,m!0
in otfrer crusfsefreruce eesum
Actual retnm on plan asseS lets Ime rest (12,000] (47.CCO)
Expedence krtsss on gab@em 23.0CO 11,00Q
Change In suurnptrons PQ,COO)
CHANOES IN FAIR VALUE OF PLAN ASSETS
2020
5
Operdng faIr value ofplan anets 311COQ
Emfdorer contributions 120,COQ 50OM
Benefits paid (3'4.0001 [37,0CQr
Expansec pstd (90,OXI] [EE.QCQI
Interest Income E.QCO 7,00Q
Remeasurement losses on ssreD (I7,lXXI) (47 QQQl
CHANQES IN PRESENT VALUE OFDEFQlND BENEFITOSUBA1tON
2020
E
Opening
defined		 benegt obligation 2@25.000 2,957,000
Intssest cast 56.000 59,COQ
Benefits paid [37.000) [37.0CO)
Earns 4curament basses/ (gains] cm defined ban efiLobggstlon 47,000 {39„000)
2,325 QQQ

Balance Movernentln Balance
IApril resources 31lularch
2020 -outgoing 2021
E E
REVALUATION
RESERVE
Freehold factory premises 4Q6,326 (4,158) 402,168
Freehold bungalows 1,864,609 (19,231) 1,845.378
2,270,935 (23,389) 2,247,546
DESIGNATED FUNDS
Freehcld factory pre»isvs 109,067 (1,479) 107,588
Freehold bungalows 419,452 (5,191) 414,261
528,519 (6,670) 521,,849
TOTAL DE5IGNATED FUNDS 2,799,454 (3D,Q59) 2,769,395

2020
AtI April 2020 (2,108.533) (2,080,014)
Surplus/ (deR&it) of income over espenditure for the year 288,377 (28,519)
At31March 20ZI (1,820,156) (2,108,533)

Unrestricted Unrestricted
general designated Restricted Total
funds funds funds funds
f f E f
Fi~ed assets 896,518 2,769,395 41,890 3,707,803
Current assets 467,915 467,915
Current
liabilities		 (103,609) (103,609)
Liabilities due after more than one year (3,080,980) (3,08Q,980)
(1,820,156) 2,769,395 41,890 991,129
STATEMENT OF FINANCIAL ACTIVITIES- COIVIPARATIVE FIGURES BYFUND-TYPE
Unrestricted Unrestricted
general designated Restricted Total
funds funds funds funds 2020
f E E
INCOIVIING
RESOURCE5
Incoming
resources
from charitable		 activities 964,179 964,179
Incoming
resources
from other trading activities		 737,912 737,912
Incoming
resources from donations		 and legacies 29,034 29,034
Incoming
resources from investments		 50 50
Total incoming
resources		 1,731,175 1,731,175
RESOURCES EXPENDED
Expenditure
on raising funds		 822,126 822,126
Expenditure
on charitable
activities		 839,582 839,582
Expenditure
on defined beneift schemes		 140,000 140,000
Expenditure
on investments		 177 177
Total resources expended 1,801,885
Nat inroming
resources before transfers		 (70,710) (70,710)
Reallocation
ofdepreciation		 charges 3Q,191 (30,059) (132)
between funds
Other comprehensive
income
Actuarial
losses on defined benefit plans		 12,000 12,000
Net movement
in funds for the year		 (28,519) (30,059) (132) (58,710)
Total funds at 1April 2019 (2,080,014) 2,829,513 54,834 804,333
Total funds at31March 2020 (2,108,533) 2,799,454 54,702 745,623

irksome/ Z021f 2020
Net
(e .Penditure)
for the year		 304,506 (70,710)
Ad)uvtmenrs
for:
Depreciation 46,722 46,517
interest 40,881 47,635
Net prnslon
espense		 20,000 60,000
(Gains)/ Losses on investments 177
Dividends
from Investments		 (50)
Lass!(profit) on sa!e ofRved assets 4,015
(Increase)/ decrease in stocv's 5,530 9,86?
(Increase)/ decrease in debtors 53.168 (48,353)
Increase/
(decrease)		 In credi!ors (77,861) (187,777)
(138,6?9)