##
##
|Registered|chartty number:|233603|
|---|---|---|
|Trustees:||Mrs J K Scrlven|
|||Mr SA Blah|
|||Mrs R M Wild|
|||Mr D Plckering|
|||Mr C H Webber|
|||Mr M E Grange|
|Principal Address:||Sacrewell
Farm 8 Country Centre|
|||Great North Road|
|||Thornhaugh|
|||Peterborough|
|||PEB6HJ|
|Auditors:||Moore|
|||Chartered
Accountants|
|||Rutland
House|
|||Minerva Business Park|
|||Lynch Wood|
|||Peterborough|
|||Cambridgeshlre|
|||PE2 6PZ|
|Bankers:||Barclays Bank pic|
|||Benet Street|
|||Cambridge|
|||CB23PZ|
|Solicitors:||Greenwoods
LLP|
|||Monkstone
House|
|||City Road|
|||Peterborough|
|||PE1 IJE|
##
##
|||||Page|
|---|---|---|---|---|
|Trustees'
Report||||I-v|
|Auditor's
Report||||1-3|
|Consolidated
Statement|of Financial||Activities||
|Consolidated
Balance Sheet|||||
|Trust Balance Sheet|||||
|Consolidated
Statement|ofCash|Flows|||
|Notes to the Accounts||||8-26|
|Detailed Statement
of Financial||Activities||27|
|Detailed Resources Expended||||28|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||FOR THE Y|EAR ENDED 31 DECEM|EAR ENDED 31 DECEM|BER 2021|||
|---|---|---|---|---|---|---|---|
||||Unrestricted||Restricted|Total|Total|
|||||funds|funds|funds|funds|
|||||2021|2021|2021|2020|
||||Note||E||6|
|Income and endowments||from:||||||
|Donations
and legacies|||2|100,226||100,226|170,308|
|Charitable
activities|||3|666,669||686,669|373,738|
|Investments|||4|189,101||189,101|152,789|
|Other|||5|45,397||45,397|39,879|
|Total Income and endowments||||1,001,393||1,001,393|736,714|
|Expenditure
on:||||||||
|Let estate||||69,588||69,566|53,739|
|Charitable
activities|||6|1,002,110|18,830|1,020,740|887,435|
|Exceptional
items|||6|65,988||65,968||
|Total expenditure||||1,137,644|18,630|1,156,274|941,174|
|Gains on listed investments|||14|31,909||31,909|20,188|
|Gains on revaluation|offixed assets||13||2,808,620|2,808,620|141,000|
|Net Income||||(104,342)|2,789,990|2,685,648|(43,274)|
|Transfers
between|funds|||107,048|(107,046)|||
|Net movement
in funds||||2,704|2,682,944|2,685,648|(43,274)|
|Funds at 1 January|2021|||3,204,842|6,322,617|9,527,459|9,570,733|
|Funds at 31December 2021|||19|3,207,546|9,005,561|12,213,107|9,527,459|
##
##
||||GROUP BALANCE SHEET|GROUP BALANCE SHEET|||
|---|---|---|---|---|---|---|
||||AT 31 DECEMBER 2021||||
||||Note|2021||2020|
|Fixed assets|||||||
|Tangible assets|||13|12,073,837||9,550,544|
|Investments|||14|219,573||218,664|
|||||12,293,410||9,769,208|
|Current assets|||||||
|Stocks|||15|28,939|31,995||
|Debtors|||16|49,808|82,584||
|Cash at bank|and in hand|||32,059|164,110||
|||||110,806|258,689||
|Creditors:|||||||
|Amounts
falling due within|||||||
|one year|||17|(111,109)|(320,511)||
|Net current|assets|||(303)||(61,822)|
|Total assets|less current|liabilities||12,293,107||9,707,386|
|Creditors:|||||||
|Amounts
falling due aRer||more|||||
|one year|||18|(80,000)||(179,927)|
|Net assets||||12,213,107||9,527,459|
|Capital funds|||||||
|Restricted
funds|||19|9,005,581||6,322,617|
|Unrestricted|funds||19|3,207,546||3,204,842|
|Total funds||||12,213,107||9,527,459|
##
##
##
##
||||AT 31 DE|CEMBER 2|021|||
|---|---|---|---|---|---|---|---|
||||Note||2021||2020|
||||||||E|
|Fixed assets||||||||
|Tangible assets|||13||12,061,427||9,530,225|
|Investments|||14||269,575||268,666|
||||||12,331,002||9,798,891|
|Current assets||||||||
|Stocks|||15|21,173||21,837||
|Debtors|||16|86,361||37,988||
|Cash at bank|and|In hand||11,817||136,597||
|||||119,351||196,422||
|Creditors||||||||
|Amounts
falling due within||||||||
|one year|||17|(87,882)||(315,995)||
|Net current|assets||||31,469||(119,573)|
|Total assets|less|current liabilities|||12,362,471||9,679,318|
|Creditors:||||||||
|Amounts
falling due after more||||||||
|one year|||18||(80,000)||(89,394)|
|Net assets|||||12,282,471||9,589,924|
|Capital funds||||||||
|Restricted funds|||19||9,005,561||6,322,617|
|Unrestricted|funds||19||3,276,910||3,267,307|
|Total funds|||||12,282,471||9,589,924|
##
##
##
||||2021||2020|
|---|---|---|---|---|---|
|Cash flows from operating
activities||||||
|Net income for year|||2,685,648||(43,274)|
|Adjustments
for:||||||
|Depreciation|||135,582|101,886||
|(Profit) / loss on disposal oftangible
fixed||assets||1,078||
|Gain on listed Investments|||(31,909)|(20,186)||
|Gain on property
revaluations||(2,808,620)||(141,000)||
|Rents received from Investment|properties|(182,666)||(152,622)||
|Interest received|||(6,435)|(167)||
|(Increase)/Decrease
in stocks|||3,056|(6,552)||
|(Increase)/Decrease
in debtors|||12,774|(9,971)||
|Increase/(Decrease)
in creditors|||(12,330)|415,573||
||||(2,890,548)||188,039|
|Net cash flow from operating|activities||(204,900)||144,765|
|Cash flows from Investing
activities||||||
|Payments
to acquire tangible
fixed assets||(130,252)||(385,531)||
|Receipts from sale oftangible
fixed assets|||280,000|||
|Receipts from sale of investments|||31,000|60,000||
|Rents received from investment|properties||182,666|152,622||
|Interest received|||6,435|167||
|Net cash flow from investing|activities||369,849||(172,742)|
|Cash flows from Investing
activities||||||
|Capital element of bank loans repaid||(297,000)||||
|Net cash flow from investing|activities||(297,000)||(172,742)|
|Net Increase/(decrease)
In cash|||(132,051)||(27,977)|
|Cash and cash equivalents
at|beginning|ofyear|164,110||192,087|
|Cash and cash equivalents
at|end ofyear||32,059||164,110|
##
##
##
##
##
##
##
##
##
|
over their useful
lives on the following|bases:||
|---|---|---|
|Land|Held at fair value||
|Buildings,
roads, and reservoir|Held at fair value||
|Plant and machinery|25/o per annum|on cost|
|Fixtures and fittings|4-25/0 per annum
on cost||
|Motor vehicles|25/0 per annum|on cost|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|---|---|
|||||||funds|funds|funds|funds|
|||||||2021
E|2021
E|2021
E|2020f|
||Gifts|||||2,425||2,425|28,442|
||Grants|||||97,801||97,801|114,430|
||Gift aid||||||||27,436|
|||||||100,226||100,226|170,308|
|3.|Income from charitable||||and other activities|||||
|||||||Unrestricted|Restricted|Total|Total|
|||||||funds|funds|funds|funds|
|||||||2021|2021|2021|2020|
||||||||E|E||
||Charitable||activities|||||||
||Admission||and visitor|activities||400,195||400,195|212,478|
||Education||activities|||40,958||40,958|(4,083)|
|||||||441,153||441,153|208,395|
||Trading activities|||||||||
||Camping|||||66,322||66,322|53,022|
||Function|sales||||81,207||81,207|60,065|
||Retail sales|||||56,321||56,321|36,292|
||Catering|commission||||21,666||21,666|15,965|
|||||||225,516||225,516|165,343|
||Total from||charitable|and other activities||666,669||666,669|373,738|
##
##
|Incom|e from Invest|ments|||||
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||funds|funds|funds|funds|
||||2021|2021|2021|2020|
||||E|E|8|K|
|Rental|income||182,666||182,666|152,622|
|Bank|interest received||6,435||6,435|167|
||||189,101||189,101|152,789|
|Other|Income||||||
||||Unrestricted|Restricted|Total|Total|
||||funds|funds|funds|funds|
||||2021|2021|2021|2020|
||||8|E|||
|Other|miscellaneous|income|45,397||45,397|39,879|
||||45,397||45,397|39,879|
##
##
|Analysis
o|fexpenditure
on c|haritable
activities||||
|---|---|---|---|---|---|
||||Grant|||
|||Activities|funding|||
|||undertaken|of|Support||
|||directly|activities|costs|Total|
|||E|K|8 E||
|Visitor attraction||696,840||323,900|1,020,740|
|Exceptional|items|||65,968|65,968|
|||696,840||389,868|1,086,708|
##
##
##
##
|Allocation|ofsupport costs|||||
|---|---|---|---|---|---|
|||Let|Visitor|Education|Total|
||||E|E||
|Governance||2,888|46,059||48,945|
|Operational|costs|4,564|105,221||109,785|
|Human
resources|||7,549||7,549|
|Depreciation|||135,582||135,582|
|Other|||95,457||95,457|
|||7,450|389,888||397,318|
##
|Governance|costs|||||
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|funds|
|||2021
f|2021
E|2021
E|2020
E|
|Wages and|salaries|27,839||27,839|25,918|
|Social security||4,226||4,226|4,123|
|Pensions||2,758||2,758|2,639|
|Audit fees||7,008||7,008|8,800|
|Accountancy|and payroll|4,936||4,936|4,813|
|Other||2,178||2,178|2,625|
|||48,945||48,945|48,918|
##
|Net incom|e|is stated a|fter charging/(crediting):|||
|---|---|---|---|---|---|
|||||2021|2020|
|||||E|E|
|Auditors'|remunerations||—audit|7,400|7,150|
|Depreciation||ofowned|assets|135,582|101,886|
|Pensions||||7,089|8,390|
##
##
##
##
##
##
||||2021|2020|
|---|---|---|---|---|
|Cost of let estate|||1|1|
|Charitable|activities||20|26|
|Governance|||1|1|
||||22|28|
|The aggregate||payroll costs were as follows:|||
||||2021|2020|
||||E|f|
|Wages and|salaries||449,367|441,532|
|Social Security||costs|27,685|24,236|
|Pension costs|||11,142|10,352|
||||488,194|476,120|
##
##
##
##
##
##
##
##
##
##
##
##
##
|The Group|||||
|---|---|---|---|---|
||||Listed||
||||Investments|Total|
||||K|E|
|Market value:|||||
|At 1 January 2021|||218,664|218,664|
|Additions|||||
|Disposals|||(31,000)|(31,000)|
|Net realised and unreallsed|Investment|gains|31,909|31,909|
|At 31 December 2021|||219,573|219,573|
|Net book value:|||||
|At 31 December 2021|||219,573|219,573|
|At 31 December 2020|||218,664|218,664|
##
##
##
|The Trust|||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||Listed||
|||||||Subsidiaries
E|||investments
E|Total
f|
|Cost or market value:|||||||||||
|At 1 January 2021||||||50,002|||218,664|268,666|
|Additions|||||||||||
|Disposals|||||||||(31,000)|(31,000)|
|Net realised
and unrealised||investment|||gains||||31,909|31,909|
|At 31 December 2021||||||50,002|||219,573|269,575|
|Net book value:|||||||||||
|At 31 December 2021||||||50,002|||219,573|269,575|
|At 31 December 2020||||||50,002|||218,664|268,666|
|The listed
Investments|consist of||10,676.32 (2020 12,164.44)||||COIF||Charities
Investment
Fun||
|Income Units (2020 Accumulation|||Units)||and are|stated at market|value as per the relevant
fund||||
|the year end.|||||||||||
|Details of Subsidiary|Undertakings:||||||||||
|||||||||Aggregate||Loss for|
|||||||Class and|||capital|the year|
|||||Country of||proportion|and||reserves|year ended|
|Name||||registration||ofshares|as|at 31/12/21||31/12/21|
|Sacrewell
Limited||England||and Wales||100'lo Ordinary|||(f13,020)|(6555)|
##
##
|Stocks|||||
|---|---|---|---|---|
||The|The|The|The|
||Group|Trust|Group|Trust|
||2021|2021|2020|2020|
||E||E|E|
|Goods for resale|8,020|254|10,588|430|
|Consumables|3,364|3,364|3,950|3,950|
|Livestock|17,555|17,555|17,457|17,457|
||28,939|21,173|31,995|21,837|
##
|Debtors|||||||
|---|---|---|---|---|---|---|
||||The|The|The|The|
||||Group|Trust|Group|Trust|
||||2021|2021|2020|2020|
||||E|E|E|E|
|Trade debtors|||17,642|15,581|15,505|14,481|
|Amount|due from group undertakings|||55,431|||
|Other debtors|||15,075|449|16,150|899|
|Prepayments||and accrued income|10,873|8,682|24,522|16,201|
|Taxation|and|social security|6,218|6,218|6,407|6,407|
||||49,808|86,361|62,584|37,988|
##
|Creditors|-amounts
|falling due within on|e year||||
|---|---|---|---|---|---|---|
||||The|The|The|The|
||||Group|Trust|Group|Trust|
||||2021|2021|2020|2020|
|||||E|||
|Trade creditors|||24,225|22,508|47,120|45,685|
|Amounts|owed to group undertakings|||||23,038|
|Other creditors|||2,977|2,163|1,928|1,556|
|Other taxes and social||security|20,374|9,449|16,546|6,159|
|Accruals|and deferred|income|43,533|33,762|37,844|28,951|
|Loans|||20,000|20,000|217,073|210,606|
||||111,109|87,882|320,511|315,995|
##
##
|ar||||
|---|---|---|---|
|The|The|The|The|
|Group|Trust|Group|Trust|
|2021|2021|2020|2020|
||6|E|E|
|80,000|80,000|179,927|89,394|
|80,000|80,000|179,927|89,394|
##
##
|||||Balance|||||Balance|
|---|---|---|---|---|---|---|---|---|---|
|||||at|Incoming|Resources|||at|
|||||01/01/21|resources|expended|Gains|Transfers|31/12/21|
|||||E|E|E|E|R|E|
|Education||fund||46,847||(18,630)||(17,046)|11,171|
|Revaluation|||fund|6,275,770|||2,808,620|(90,000)|8,994,390|
|||||6,322,617||(18,630)|2,808,620|(107,046)|9,005,561|
|Unrestricted|||funds|||||||
|||||Balance|||||Balance|
|||||at|Incoming|Resources|||at|
|||||01/01/21|resources|expended|Gains|Transfers|31/12/21|
||||||E|R|E|E|E|
|General|fund|||3,204,842|1,001,393|(1,137,644)|31,909|107,046|3,207,546|
|||||3,204,842|1,001,393|(1,156,274)|31,909|107,046|3,207,546|
##
##
||||Balance|||||Balance|
|---|---|---|---|---|---|---|---|---|
||||at|Incoming|Resources|||at|
||||01/01/21|resources|expended|Gains|Transfers|31/12/21|
||||K|E|E|E|E|E|
|Education|fund||46,847||(18,630)||(17,046)|11,171|
|Revaluation||fund|6,275,770|||2,808,620|(90,000)|8,994,390|
||||6,322,617||(18,630)|2,808,620|(107,046)|9,005,561|
|Unrestricted||funds|||||||
||||Balance|||||Balance|
||||at|Incoming|Resources|||at|
||||01/01/21|resources
E|expended
E|Gains
E|'Transfers
f|31/12/21
E|
|General fund|||3,267,307|781,096|(910,448)|31,909|107,046|3,276,910|
||||3,267,307|781,096|(910,448)|31,909|107,046|3,276,910|
##
##
##
||||||Net||
|---|---|---|---|---|---|---|
||||Fixed||current||
||||assets|Investments|assets|Total|
|||||E|||
|Restricted|funds||||||
|Education|fund||11,171|||11,171|
|Revaluation||fund|8,994,390|||8,994,390|
|Unrestricted||funds|||||
|General fund|||3,068,276|219,573|(303)|3,287,546|
||||12,073,837|219,573|(303)|12,293,107|
|The Trust|||||||
||||||Net||
||||Fixed||current||
||||assets|Investments|assets|Total|
||||E|E|E|E|
|Restricted|funds||||||
|Education|fund||11,171|||11,171|
|Revaluation||fund|8,994,390|||8,994,390|
|Unrestricted||funds|||||
|General
fund|||3,055,866|269,575|31,469|3,356,910|
||||12,061,427|269,575|31,469|12,362,471|
##
##
##
##
##
|The Group|||
|---|---|---|
||2021|2020|
||E||
|Within one year|7,670|5,771|
|Between two and five years|15,565|8,623|
||23,235|14,394|
|The Trust|||
||2021|2020|
||f|E|
|Within one year|7,670|4,927|
|Between two and five years|15,565|8,623|
||23,235|13,550|
##
##
|The Group and Trust|||
|---|---|---|
||2021|2020|
||E|E|
|Within one year|119,865|119,256|
|Between two and five years|374,874|389,875|
|More than five years|709,741|807,147|
||1,204,480|1,316,278|
##
##
##
|1|January|Cash flows|31 December|
|---|---|---|---|
||2021||2021|
||164,110|(132,051)|32,059|
##
##
||||2021||2020||
|---|---|---|---|---|---|---|
|INCOME AND ENDOWMENTS||FROM:|||||
|Donations
and legacies|||||||
|Gifts|||2,425|28,442|||
|Grants|||97,801|114,430|||
|Gift aid||||27,436|||
|Donations|||||||
||||100,226||170,308||
|Charitable
activities|||||||
|Admission
and visitor|activities||400,195|212,478|||
|Education
activities|||40,958|(4,083)|||
||||441,153||208,395||
|Investments|||||||
|Rental income|||182,686|152,622|||
|Bank interest received|||6,435|167|||
||||189,101||152,789||
|Other Income|||||||
|Profit on sale offixed|asset||||||
|Other miscellaneous|income||18,705|7,247|||
||||18,705|||7,247|
|Total Income and endowments|||749,185||538,739||
|EXPENDITURE ON:|||||||
|Property
management|costs||(69,566)|(53,739)|||
|Charitable
activities|||(827,601)|(659,333)|||
|Total expenditure|||(897,167)||(713,072)||
|Gains on investments|||2,840,529||161,186||
|Net movement
In funds before||transfers|2,692,547||(13,147)||
##
##
##
||||2021||2020||
|---|---|---|---|---|---|---|
|Property
management|costs||||||
|Wages and salaries|||13,637||12,525||
|Social security|||2,070||1,993||
|Pensions|||1,351||1,276||
|Rates and water|||4,564||3,131||
|Professional fess
Property
repair and maintenance
Governance|||20,653
10,422||13,741
7,362||
|Insurance|||16,869||13,711||
|||||69,566||53,739|
|Charitable
activities|||||||
|Grant raising
activities|||||70||
|Wages and salaries|||267,570||274,059||
|Social security|||12,881||10,473||
|Pensions|||3,845||3,987||
|Rent|||||||
|Rates and water|||9,370||11,169||
|Light and heat|||37,025||30,441||
|Telephone
and IT support|||12,290||11,074||
|Stationery
and postage|||611||987||
|Advertising
costs|||12,385||17,365||
|Bank and credit card charges|||1,246||915||
|Mortgage
interest|||12,000||||
|Professional
fees|||5,033||6,889||
|Refuse collection, cleaning||and hygiene|35,323||36,665||
|Livestock suppliers|||30,827||19,159||
|Activity Costs|||30,952||16,471||
|Experience costs|||12,203||1,681||
|Property repairs|||32,248||23,838||
|Machinery
repairs and|maintenance||16,681||21,788||
|Vehicle costs|||490||1,086||
|Travel|||3,910||865||
|HR and health
and safety||costs|5,567||12,029||
|Training|||7,479||3,683||
|Recruitment|||70||||
|Subscriptions|||2,334||2,165||
|Insurance|||16,869||13,711||
|Meeting expenses|||780||1,715||
|Depreciation|||127,672||91,945||
|Bad debts|||||402||
|Loss on disposal|||||||
|Irrecoverable
VAT|||21,530||3,868||
|Governance|||42,442||40,833||
|Exceptional
items|||65,968||||
|||||827,601||659,333|
|Total expenditure||||897,167||713,072|