| Page | ||||
|---|---|---|---|---|
| Legal and | administrative | information | 1-3 | |
| Chair's statement | 4-5 | |||
| Trustees' | report | 6-13 | ||
| Statement | of trustees' | responsibilities | 14 | |
| Independent auditor's |
report | 15 - 18 | ||
| Statement | of financial | aclivities | 19-20 | |
| Balance sheet | 21 —22 | |||
| Statement | ofcash flows | 23 | ||
| Notes to the financial | statemenls | 24 -45 | ||
| Appendix | 1 | 46-47 |
| Trustees | Giles H Mounsey-Heysham, | Giles H Mounsey-Heysham, | Chair | |||
|---|---|---|---|---|---|---|
| William R Bell |
||||||
| Corinna Cartwright |
(Resigned | 4 May 2021) | ||||
| Julian J Handy | ||||||
| Claire T Hensman | ||||||
| Martin G Mullin |
||||||
| Christine Sheldon |
||||||
| lan S Lowthian | ||||||
| William TS Braithwaite | QC | |||||
| Heather A Batey |
||||||
| James W Fryer-Spedding | ||||||
| Jane ESaxon | (Resigned | 26 August 2021) | ||||
| Anthony D Glynn |
||||||
| Emily J Flynn | (Appointed | 27 November | ||||
| 2021) | ||||||
| Victoria H D Notman |
(Appointed | 27 November | ||||
| 2021) | ||||||
| Judith Gate | (Appointed | 27 November | ||||
| 2021) | ||||||
| Anne L Dunn |
(Appointed | 27 November | ||||
| 2021) | ||||||
| Secretary | Anthony D Glynn |
|||||
| Other Officers | Sean Day, Centre Director | |||||
| Charity Number | 270923 | |||||
| Company | Number | 01240160 | ||||
| Country | ofIncorporation | England and Wales |
||||
| Principal | Office | Little Crosthwaite | ||||
| Underskiddaw | ||||||
| Keswick | ||||||
| Cumbria | ||||||
| CA12 4QD | ||||||
| Auditor | David Allen | |||||
| Chartered Accountants |
and | Statutory | Auditors | |||
| Dalmar House | ||||||
| Barras Lane Estate | ||||||
| Dalston | ||||||
| Carlisle | ||||||
| Cumbria | ||||||
| CA5 7NY |
| Bankers | Barclays Bank ptc | ||
|---|---|---|---|
| Keswick Branch | |||
| Markel Square | |||
| Keswick | |||
| Cumbria | |||
| CA12 5BE | |||
| CAF Bank | |||
| 25 Kings Hill Avenue |
|||
| Kings Hill |
|||
| West Mailing | |||
| Kent | |||
| ME194JQ | |||
| Investment | Advisors | Sarasin and Partners | LLP |
| Juxon House | |||
| 100St. Paul's Churchyard | |||
| London | |||
| EC4M BBU |
| Finance Committee | Finance Committee | Martin G Mullin, Chair |
||
|---|---|---|---|---|
| Giles H Mounsey-Heysham | ||||
| Anthony D Glynn |
||||
| Philip Stout, Co-opted | Member | |||
| Stuart Coe, Co-opted | Member | |||
| Audit Committee | lan S Lowthian, Chair |
|||
| Martin G Mullin |
||||
| Roger Cooke, Co-opted Member | ||||
| Steve Ward, Co-opted | Member | |||
| Business Development | Committee | Christine Sheldon, Chair |
||
| Giles H Mounsey-Heysham | ||||
| William R Bell | ||||
| Janaki Spedding, Co-opted Member |
||||
| Operations | Committee | Julian J Handy, Chair |
||
| Giles H Mounsey-Heysham | ||||
| lan S Lowthian | ||||
| Rosemary Riley, Co-opted Member |
||||
| Nominations | Committee | William R Bell, Chair | ||
| Giles H Mounsey-Heysham | ||||
| Claire Hensman | ||||
| James Fryer-Spedding | ||||
| Calvert Reconnectlons | Committee | William TSBraithwaite | QC, Chair | |
| Giles H Mounsey-Heysham | ||||
| William R Bell | ||||
| Christine Sheldon |
||||
| Martin G Mullin | ||||
| Heather A Batey | ||||
| Fiona Nixon, Co-opted | Member | |||
| Caroline Evans, Co-opted Member |
||||
| Emeritus Trustees | John Fryer-Spedding | CBE | ||
| Roger Cooke, Vice President | ||||
| John Wood | ||||
| Tony Welton | ||||
| Terry Lansbury | ||||
| Michael Toulmin |
| Current financial year |
Current financial year |
||||||||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Designated | Restricted | Total | Total | |||||
| funds | funds | funds | |||||||
| 2021 | 2021 | 2021 | 2021 | 2020 | |||||
| Notes | f | 6 | f | 6 | 6 | ||||
| I come a d Endow | ents | ||||||||
| Donations and |
legacies | 3 | 1,433,433 | 274,708 | 1,708,141 | 814,786 | |||
| Charitable activities |
4 | 751,697 | 751,697 | 312,293 | |||||
| Investment income |
5 | 7,726 | 7,726 | 7,905 | |||||
| Other income | 6 | 218,936 | 218,936 | ||||||
| Total income | 2,411,792 | 274,708 | 2,686,500 | 1,134,984 | |||||
| ~E* d tt |
|||||||||
| Raising funds | 104,969 | 104,969 | 92,964 | ||||||
| Charitable activities |
1,779,008 | 262,261 | 56,067 | 2,097,336 | 1,778,419 | ||||
| Total expenditure | 1,883,977 | 262,261 | 56,067 | 2,202,305 | 1,871,383 | ||||
| Gains/(losses) | on investment | ||||||||
| assets | 15 | 3,806 | 3,806 | (66,534) | |||||
| Net income/(expenditure) | before | ||||||||
| transfers | 531,621 | (262,261 ) | 218,641 | 488,001 | (802,933) | ||||
| Gross transfers | between | funds | (842,752) | 998,491 | (155,739) | ||||
| Net income/(expenditure) | (311,131) | 736,230 | 62,902 | 488,001 | (802,933) | ||||
| Fund balances | at 1 December 2020 | 311,131 | 5,166,913 | 133,914 | 5,611,958 | 6,414,891 | |||
| Fund balances | at 30 November | ||||||||
| 2021 | 28 - 29 | 5,903,143 | 196,816 | 6,099,959 | 5,611,958 |
| Prior financial year | ||||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Designated | Restricted | Total | |||||
| funds | funds | funds | ||||||
| 2020 | 2020 | 2020 | 2020 | |||||
| Notes | 6 | f | 6 | 6 | ||||
| Income and Endowments | ||||||||
| Donations and legacies |
697,485 | 117,301 | 814,786 | |||||
| Charitable activibes |
312,293 | 312,293 | ||||||
| Investment income |
7,905 | 7,905 | ||||||
| Total income | 1,017,683 | 117,301 | 1,134,984 | |||||
| E di |
||||||||
| Raising funds | 92,964 | 92,964 | ||||||
| Charitable activities |
1,543,991 | 223,380 | 11,048 | 1,778,419 | ||||
| Total expenditure | 1,636,955 | 223,380 | 11,048 | 1,871,383 | ||||
| Gains/(losses) on investment |
assets | 15 | (66,534) | (66,534) | ||||
| Net income/(expenditure) | before | transfers | (685,806) | (223,380) | 106,253 | (802,933) | ||
| Gross transfers between |
funds | 904,056 | (461,810) | (442,246) | ||||
| Net income/(expenditure) | 218,250 | (685,190) | (335,993) | (802,933) | ||||
| Fund balances at 1 December 2019 | 92,881 | 5,852,103 | 469,907 | 6,414,891 | ||||
| Fund balances at 30 November | 2020 | 28-29 | 311,131 | 5,166,913 | 133,914 | 5,611,958 |
| Notes | 2021 f |
2020 f |
|||||||
|---|---|---|---|---|---|---|---|---|---|
| Fixed assets | |||||||||
| Tangible assels | 17 | 5,052,002 | 5,153,284 | ||||||
| Inveslments | 18 | 869,722 | 461,165 | ||||||
| 5,921,724 | 5,614,449 | ||||||||
| Current assets | |||||||||
| Stocks | 20 | 13,526 | 13,882 | ||||||
| Deblcrs | 21 | 122,340 | 95,708 | ||||||
| Cash at bank and | in | hand | 495,923 | 232,443 | |||||
| 631,789 | 342,033 | ||||||||
| Creditors: | amounts | falling | due within | ||||||
| one year | 23 | (367,687) | (344,524) | ||||||
| Net current | assets/(liabilities) | 264, 102 | (2,491 ) | ||||||
| Total assets less | current | liabilities | 6,185,826 | 5,611,958 | |||||
| Creditors: | amounts | falling due after | |||||||
| more than | one year | 24 | (85,867) | ||||||
| Net assets | 6,099,959 | 5,611,958 | |||||||
| Funds ofthe charity: | |||||||||
| Income funds | |||||||||
| Restricted | funds | 28 | 196,816 | 133,914 | |||||
| Unrestricted | funds | ||||||||
| Revaluation | reserve | 29 | 254,712 | 258,244 | |||||
| Designated | funds | 29 | 5,648,431 | 4,908,669 | |||||
| General unrestricted |
funds | 311,131 | |||||||
| 6,099,959 | 5,611,958 |
| 2021 | 2020 | |||||||
|---|---|---|---|---|---|---|---|---|
| Notes | 6 | 6 | ||||||
| Cash flows from operating | activities | |||||||
| Cash generated from/(absorbed |
by) | 31 | ||||||
| operations | 722,291 | (241,300) | ||||||
| Investing | activities | |||||||
| Purchase | of tangible fixed assets |
17 | (160,979) | (134,535) | ||||
| Purchase | of investments | 18 | (806,188) | (566,458) | ||||
| Proceeds | on disposal ofinvestments | 18 | 401,430 | 728,278 | ||||
| Investment | income received | 5 | 7,726 | 7,905 | ||||
| Net cash | (used in)/generated | from | ||||||
| investing | activities | (558,011) | 35,190 | |||||
| Financing | activities | |||||||
| Proceeds/(repayment) of bank |
loans | 22 | 99,200 | |||||
| Net cash | generated from/(used in) |
|||||||
| financing | activities | 99,200 | ||||||
| Net increase/(decrease) in |
cash and | cash | ||||||
| equivalents | 263,480 | (206,110) | ||||||
| Cash and | cash equivalents | at | beginning | ofyear | 232,443 | 438,553 | ||
| Cash and | cash equivalents | at end of | year | 495,923 | 232,443 |
| The Trust operates | from three main centres: | |
|---|---|---|
| Calvert Lakes | Calvert Reconnections | Calvert Stables |
| Little Crosthwaite | Old Windebrowe | Old Windebrowe |
| Keswick | Keswick | Keswick |
| Cumbria | Cumbria | Cumbria |
| CA12 4QD | CA12 4NT | CA12 4NT |
| Depreciation is recognised so as |
to write | off the cost or valuation | of | assets less their residual | values | over |
|---|---|---|---|---|---|---|
| their useful lives on the following |
bases: | |||||
| Freehold properly (buildings) |
Over the remaining | life | of the building | |||
| Freehold properly (installations) |
5-10%per annum | straight line basis |
||||
| Leasehold property (buildings) |
Over the period of | each | lease | |||
| Leasehold property (installlations) |
10-20%per annum | straight line basis |
||||
| Furniture and equipment |
20% per annum straight |
line basis | ||||
| Motor vehicles | 20% per annum straight |
line basis |
| Unrestricted | Restricted | Total | Total | |||
|---|---|---|---|---|---|---|
| funds | funds | |||||
| 2021 | 2021 | 2021 | 2020 | |||
| E | E | E | ||||
| Donations | and gifts | 965,935 | 274,708 | 1,240,643 | 488,639 | |
| Legames | receivable | 100,000 | 100,000 | 6,000 | ||
| Government | granls | 316,822 | 316,822 | 292,444 | ||
| Regular | giving and capital donations | 50,676 | 50,676 | 27,703 | ||
| 1,433,433 | 274,708 | 1,708,141 | 814,786 |
| Unrestricted | Unreslricled | |||
|---|---|---|---|---|
| funds | funds | |||
| 2021 | 2020 | |||
| E | ||||
| Calvert | Lakes fee income | 495,167 | 312,293 | |
| Calvert | Reconnections | fee income | 256,530 | |
| 751,697 | 312,293 |
| Unrestricted | Unrestricted | |||
|---|---|---|---|---|
| funds | funds | |||
| 2021 | 2020 | |||
| E | E | |||
| Dividends | receivable | from listed investments | 6,701 | 6,754 |
| Interesl receivable | 1,025 | 1,151 | ||
| 7,726 | 7,905 |
| Unrestricted | Total | |||||
|---|---|---|---|---|---|---|
| funds | ||||||
| 2021 | 2020 | |||||
| E | E | |||||
| Business interruption | insurance | payout | 218,936 | |||
| 7 | Raising funds | |||||
| Unrestricted | Unrestricted | |||||
| funds | funds | |||||
| 2021 | 2020 | |||||
| E | E | |||||
| Costs of | eneratin | donations | and e acies | |||
| Fundraising | costs | 21,879 | 8,381 | |||
| Staff costs | 81,071 | 83,184 | ||||
| Costs ofgenerating | donations | and legacies | 102,950 | 91,565 | ||
| Investment | management | 2,019 | 1,399 | |||
| 104,969 | 92,964 |
| mDN 0 D N |
mDN 0 D N |
CO COQ |
Ot I (U |
(0 (O |
N Ut N |
N CO Q |
LA IO (0 |
(O Q (0 (0 |
Ot Clt IO |
LA (0 I |
N (O CD Ut |
Ot CD LA |
Q CO Ut N |
(O Q |
Clt CO |
|||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0 IO |
N D N |
(0 Q I N |
(0 N N(0 N |
CD Ot LCI |
Ut CO Q Ut |
4 Ut IO Ut |
N LA I N |
NQ IA |
Ut Q LA |
Clt CO Clt Qt |
'CP | CDQ | COQ Q CD I |
(0 N N CO N |
(0 Q (0 LA |
Q | ||||
| N | N | N | ||||||||||||||||||
| 0I 0 OC |
III Ul0 OJ |
N«tN | (Ll | Ot(0 Ut CO |
||||||||||||||||
| IUX | ||||||||||||||||||||
| 0 Ut I 0 000'0c( |
ION | (LI | CO IA IA |
IO N N ION |
CD Ot N LA |
Ut (0 Q Ut |
M (0 Ut |
N LA N |
(D (0 LA CO |
LA CO LA LA N |
N QN (O CD CD |
N I |
LA Pl C) N |
N LA CD (0 |
(0 N N IO N |
(0 Q (0 LA |
LA (0 Q |
| CI | ||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| UJDZI-Z0 | ||||||||||||||||||
| O | ||||||||||||||||||
| NI-Z | ||||||||||||||||||
| UJ | UJ | |||||||||||||||||
| CO | ||||||||||||||||||
| UJI- | Q | |||||||||||||||||
| N | UJ 0 |
(O00 IU |
0000 | |||||||||||||||
| «l OZ Z UJZI-0I- N UJ |
O I0 IZI UJ UJ |
ID0 0 IU Ut UO IU IU UJ |
ID Ut O0 m IA |
0 0 0 3 (U m a ~E CI |
CD E tU CA |
Ut ID00 cC |
(D (D 8 0 |
UI E0 IU 0 !D E E m 00O |
tn Ul0 0 tU 0 0 Ul (U ID0 0 0 0. ), 0 0 'ox m LC Ct |
(O UO ttl Ut )0 0 8 IU 0 m 0 Z |
Cl Ut Ut (60000 (U Cl 0 CD 0 ~I (U (0 |
UO Ut Ih IU UI |
Ul 0 0 ID0 c 0 |
tft0 0 00 LU0 CD Cl CI |
(D '00 0 0 ' Ul 0 |
|||
| 0Z | 0 |
| 10 | Governance | costs | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 2020 | |||||||||
| 6 | ||||||||||
| Audit fees | 5,600 | 3,500 | ||||||||
| Managemenl | accountanls | fees | 11,843 | 10,462 | ||||||
| 17,443 | 13,962 | |||||||||
| 11 | Net movement in funds |
2021 | 2020 | |||||||
| 6 | 6 | |||||||||
| Net movement | in funds is stated | after | charging/(crediting) | |||||||
| Audit fees | 5,600 | 3,500 | ||||||||
| Management | accountanls | fees | 11,843 | 10,462 | ||||||
| Depreciation | ofowned tangible |
fixed | assets | 262,261 | 212,719 | |||||
| 12 | Auditor's remuneration |
|||||||||
| The analysis | of auditor's remuneration |
is | as follows: | |||||||
| Fees payable | to the charitable | company's | auditor: | 2021 | 2020 | |||||
| F | 6 | |||||||||
| Audit of the charitable company's |
financial | statements | 5,600 | 3,500 | ||||||
| Other fees to management | accountants | |||||||||
| All other non-audil services |
- management | accountants | 11,843 | 10,462 |
| The averag year was: |
e monthly headcount number of employe |
es (including senior management team) |
during the |
|---|---|---|---|
| 2021 | 2020 | ||
| Number | Number | ||
| Charitable | activities | 56 | 54 |
| Fundraising | and markeling | 6 | 7 |
| Total | 62 | ||
| Employment costs |
2021 f |
2020 6 |
|
| Wages and | salaries | 1,161,343 | 1,039,045 |
| Social security coals | 89,741 | 76,061 | |
| Other pension costs | 57,393 | 51,216 | |
| 1,308,477 | 1,166,322 |
| 2021 | 2020 |
|---|---|
| Number | Number |
| Unrestricted | Unrestricted | ||||
|---|---|---|---|---|---|
| funds | funds | ||||
| 2021 | 2020 | ||||
| 6 | |||||
| Revaluation | of investments | - unrealised | 3,799 | 331 | |
| Realised gain/(loss) | on sale | of investments | 7 | (66,865) | |
| Net gain/ (loss) on | investments | 3,806 | (66,534) |
| Tangible fixed assets | Tangible fixed assets | ||||||
|---|---|---|---|---|---|---|---|
| Freehold land |
Leasehold | Furniture and Motor |
vehicles | Tots I | |||
| and buildings | land and | equipment | |||||
| buildings | |||||||
| Cost or valuation | |||||||
| At 1 December 2020 | 6,901,521 | 453,824 | 218,618 | 349,377 | 7,923,340 | ||
| Additions | 51,272 | 7,173 | 102,534 | 160,979 | |||
| Disposals | (7,253) | (7,253) | |||||
| At 30 November | 2021 | 6,952,793 | 460,997 | 313,899 | 349,377 | 8,077,066 | |
| Depreciation and impairment |
|||||||
| At 1 December 2020 | 2,067,942 | 265,939 | 143,750 | 292,425 | 2,770,056 | ||
| Depreciation charged |
in the year | 143,397 | 21,952 | 62,780 | 34,132 | 262,261 | |
| Eliminaled in respecl ofdisposals |
(7,253) | - | (7,253) | ||||
| At 30 November | 2021 | 2,211,339 | 287,891 | 199,277 | 326,557 | 3,025,064 | |
| Carrying amount |
|||||||
| At 30 November | 2021 | 4,741,454 | 173,106 | 114,622 | 22,820 | 5,052,002 | |
| At 30 November | 2020 | 4,833,579 | 187,885 | 74,868 | 56,952 | 5,153,284 |
| 2021f | 2020f | ||||
|---|---|---|---|---|---|
| Unreatised | surplus | on revaluation | 353,205 | 353,205 | |
| Less: Accumulaled | depreciation | as at 30 November | (98,493) | (94,961) | |
| 254,712 | 258,244 |
| Fixed asset inve | stments | |||
|---|---|---|---|---|
| Listed | Unlisted | Total | ||
| investments | investments | |||
| 6 | f | |||
| Cost or valuation | ||||
| At 1 December 2020 | 461,164 | 1 | 461,165 | |
| Additions | 405,503 | 400,685 | 806,188 | |
| Valuation changes |
3,799 | 3,799 | ||
| Disposals | (400,609) | (821) | (401,430) | |
| At 30 November | 2021 | 469,857 | 399,865 | 869,722 |
| Carrying amount |
||||
| At 30 November | 2021 | 469,857 | 399,865 | 869,722 |
| At 30 November | 2020 | 461,164 | 1 | 461,165 |
| 19 | Financial | instruments | 2021 | 2020 | |||
|---|---|---|---|---|---|---|---|
| 6 | 6 | ||||||
| Carrying | amount of | financial assets | |||||
| Instruments | measured | at fair value through | profit or loss | 469,857 | 461,164 |
| 20 | Stocks | ||||||
|---|---|---|---|---|---|---|---|
| 2021 | 2020 | ||||||
| E | E | ||||||
| Slocks | 13,526 | 13,882 | |||||
| 21 | Debtors | ||||||
| 2021 | 2020 | ||||||
| Amounts falling due within one year: |
E | E | |||||
| Trade debtors | 46,818 | 9,689 | |||||
| Other debtors | 29,945 | 73,405 | |||||
| Prepaymenls | and accrued income | 44,514 | 11,165 | ||||
| VAT recoverable | 1,063 | 1,449 | |||||
| 122,340 | 95,708 | ||||||
| Other debtors | includes | legacies and olher funding | receivable | after the year end. | |||
| 22 | Loans and overdrafts | ||||||
| 2021 | 2020 | ||||||
| E | E | ||||||
| Bankloans | 99,200 | ||||||
| Payable within |
one year | 13,333 | |||||
| Payable afler | one year | 85,867 |
| Creditors: am | ounts falling due within one year |
|||
|---|---|---|---|---|
| 2021 | 2020 | |||
| Notes | E | E | ||
| Bankloans | 22 | 13,333 | ||
| Other taxation | and social secunty | 38,054 | 14,929 | |
| Deferred income | 25 | 186,879 | 204,286 | |
| Trade creditors | 66,093 | 39,447 | ||
| Other creditors | 1,763 | 3,236 | ||
| Accru ala | 61,565 | 82,626 | ||
| 367,687 | 344,524 |
| 24 | Creditors | : amounts | falling due | after more than one year | ||||
| 2021 | 2020 | |||||||
| Notes | 6 | 6 | ||||||
| Bank loans | 22 | 85,867 | ||||||
| 25 | Deferred | income | ||||||
| 2021 | 2020 | |||||||
| 6 | 6 | |||||||
| Deferred | income at | 1 December | 2020 | 204,286 | 60,646 | |||
| Amounts | released | from previous | periods | (104,487) | (24,865) | |||
| Resources deferred | in the period | 87,080 | 168,505 | |||||
| Deferred | income at | 30November | 2021 | 186,879 | 204,286 |
| At the reporting end date the charitable company had o payments under non-cancellable operating leases, which |
utstanding commitments for future minim fall due as follows: |
um lease |
|---|---|---|
| 2021 | 2020 | |
| 6 | 6 | |
| Land and buildings | ||
| Within one year | 2,501 | 2,501 |
| Between two and five years | 5,004 | 7,504 |
| In over five years | 34 | 35 |
| 7,539 | 10,040 |
| CI UJ ZI-Z0 O IJJI-Z UJ UJ I- cL' IJJ IJZ ~EZ UJZI-0I- IJ& UJI-0Z |
OG IEI UJ 0 CI UJ CI UJ 0 U. |
Vl L o0 Gl0 Ne IL |
M Gl N0O. ED.0 VE0 GlD. N 0 N C0 10 (0 N C Ol 10 C m NC0 C0 0 Ut Gt0C ID m S L GlO. X GtC Ol C 5 0 Gl Dt C Vt O. E00 ot Gl0 otS S D 0 ID 0S 0 Ul 'O C S E00C S |
Vl'0 L L GI E GI K Vl'0 0 GI E X |
N ~I U N ol Vl ID N ~I NL ol N ~I U 0 N ID Ol 0VL N ~I V N ol ID V VtL Vl ~IV Vt c0 j~ 0VC |
N IV N Z oo 'O ~I 'll N ~IO. X ~I N NIt D0 Vt V O N IV O N EN ~IV V0 to 'Oc VO. X Ill vl Vl IllA oo EN olV 0 |
W II( W W W |
O I O O Oo Nr Ct IO Nr O O Ct Ct O IA O (D tll O OI0 Ot IA IA Ol IO Ih E c Y 0 &ec IDO mC 0 UJ ID C 0 ID S O. LL (A Nt I (Q (0 (Q (Q |
01 O ol(0 (0ct (O IA 0 (0 (O (O ov OV 0 C LL C M 0 L m 0 0 O N Gt IA N Pt |
IA ID I (0 (0 Nr Ot Ot ot '0 C LL 0 ID O 0. NC 0(0 C 0 Gl Gl IDO I IA (O |
(O Cl I I ID Nr 'll Nr (0 Nr(1 |
Vl GI GIO 0 Vt'00 Gt LL |
N'(I 0 NC0 Cl L00 CS N Gl O. Gt 10 C 0 ot NC tD S mO 0 I/I CI ID Ih I/I Vt(0 Ut GtN0(1. CL 0 Vl 10C VtS Vt ID m 0 L Gt11 CS CL GltlL Gt |
ot E Gl ID D. m0 Vttl ID 0 N 0 0 C00 N tD 0 I/I S 10CS CL lt Gl 0S 'O I/I ID 11 Gl C ID I/I Gt h. 0L Vt 0 LE Gt 'E C Gt CL X ID Ol C IG 0 |
0 0 Vt N '(I 0CS 0 LL S (00c S I/I Gl m 10) Ih 0 11 0 tDS (0 O. » CL Gl 0 0 E p O. 0 Gt E Ol 0 C N I/I Gt0 N 0 Vt Vt I/I 'S 0 Y e S 0— IGO I/IS 0 S ot0 0 Gt Gt N m IO ~.= Gl0 Sc Ocx Gt 0 Ol I- (08 Gt ot m (0 0 0 0 11 0) S c O Ut .e e e LLec (0 c 01 ot 0 m ol 0 VIC 0C 0 ol Vt N Gt 0 00 m ) 01= mc c 0 0 0 O oG-I eNS c Ih ID 0 N Gt vt 0L D. Y Y NOS Gl O.) D. tG —th O |
'0 LL Ol JG IG UJ ID0 Gl O. IA |
Gl /D e 00S C ID C0 tG0 Gl D. Gl11 0 N N00 Ot C 11 0XS Gl CS0 S Ot0 C0 0 N00 S 0S S ID I/I0 I/I 00 I/I Gt Gh m 0 Gt (D E0 Gt /D (h N0 CL Ut IG IG Vl Gt I/I 0 0D. NS Gl Ut S |
m e 0C ID 0 C C0 10 ' Gl S E (h0 0 Qt 10 0 tD 0S 11 Gl Gl (C0 ID (h E' m 0 S c C Gl S I/I t/I ID ' m Ih LE (0 0 Gt LE Vt O Lc LL Vt Gt Gt Q 0 E Y O ID0 10 Gl Gl Gt lh m /0 0 '0 C C m Gt O Gt— ID 0 C 0 0 cc 0 -0 ot 0 13C Ol Ih '0 C ttl ID c m 00 C0c LL 01IE C 0 CI m ot 0 0 m ot '0 ') O 0 O-O (n Gt S c Ct 0 ot I- 'ot C ) mO |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CI UJDZI-Z0 O (()I-Z UJ |
UJ | tne N0 CL0O.0 0eO. N 0 ulee N e 0 In'0 C I'0 Ct0 N Qt C 0 0 IU lU N IU e ut e IU e (U 0 LE ul00 0e tttL Ul Me'0 Ol 30 0 Ql |
GI e I! D o 0 EN C e GI GI m zo N 4! N0 IC ut 'D lu e 0 '00 D a 4! N It o ul 4! NDN 0 Etu 0 It0 e ttt 0 ul 4! Nc (4I- N4! I! 0 0 N a 0 X ~! V! 4 e coo N ECQ 0 e III e e0 Cl |
Ql0 OO 0 O to IA 00 O O CD IA |
0 Ut I(7! '4l N LA CD CD ID 0 CD Vt CU C N N 0\ ID Ql ID Cn |
N O0 0 O IA IA O Vt N N Cl! N N ID CQ Gt LAN ID ID C! (D Ilt I I ID0 ID N N O IA P! Vt IA N VtN |
tD N tD 0! (D (D IA CD NN 0 LA CD |
eN00 0 CG C tll E0 CG C Vte tn Qt Cn tn0 0 ul C ul Ul C ul Gl C ul 0 ul Me00 Gt Cll0 C00eD tU N00 e 000 Ct 10 Vt (D IU Vt IU |
e D, N2C Qt m tn N ul LL 0 Gf QlL Ql tU (g 0 O 0O0e 0 ID M 0 C Gf VI Ol 0 L Ql (D0 Vt Gl 0 tn tU 0 m Vl(I tU IUe c C tU D E IU Cl e vt e ec I-c C 0 e ul tn 0 CL 0 m CL (0 ul Y LE 4I C Gf 3 ~U ID C e 0xe e L Gt (U O Ql ut x' c tn 0 0 0 ' ec E C 0 00 |
0 tn Itl tD0 0 GteDe tll tne2e Gt00 '0 '0e 0e N Qt 2 Qt tn IU 0 e IU 0C tU ul Ce Ee 5 CTe 0L Ql Ol C C00 e0 Gf ul N tn 0 |
(Uc 0 Vt Sm o e N Qt e0El— D Qt 0 0 CN m o 0 L O IU O C Oo0 IA ul e 0 00 Vl ID tn Ql GI N E c e 0— 0 m tn e0 '0 Gl O. 0 LL C 00e e L0 tll (J Uf tn0 tU 10 0 Q Ot (I C0 Ol Qt Ul Ct m 2 Ct Qt N c E N Qt Qt 2 ~ Ne D IU 0 Ql Q Gf cn,c in CE Ql CD |
GI C Gl Gt |
||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| UJI- ~I" ((J OZ cl' Z UJZ 0I- (() UJI-0Z |
UJ 0Z CI CI UJ 0 |
Vt0 4'0e IQ0 CD ul Cl CI |
Gt0 0 Gf 0 Gt 0 N Uf0 e E000 e |
e2e tn Ct O Qt Ul c O Vl IU IU Vl I- |
2 0 tn IU e N Vl 0 0x LL |
IU2 N IU CD E CD 0 CL E 2— e 0 tn c e m 0 0 E m DL0 tU Ql e Ql (Y CI e2 tne Ql2- Qt C M (L' MC ID 0 0 N 0 tn 00 m e a (Y Y Gt IU Gl IU (J0 |
0 Ct Ul 0O Vt Ct Ct Vl |
0 Vt tn Qt2 ID ul CD IU CD lU MC00 ul Ql Ql ul e |
Y 0 e tll U0e Qj ul C 0 M 0 4t tU tn Y N Ql Cl o ~ C C Ut0 IUC C 0 |
0 C |
e Gt 00 Y 0 N 0 0 Vt Qt 0 N Ul E (Q |
Vl 4! 0 m (U 0 CD Gf L Gl cn 'P o0 O m |
ul e Qt C0 0 SU 4! 3 ul ul ul e e 0 C p (D 0—IA0 Gte CD Uf 0! ul000 Ol m 0 pC |
e e Gl tD00 tD tU e 0 tU 0 0O.e 0 (0 |
| I- LJ)D L- L- LL UJ OI-0 K L- CI LLI hC LLIZI- |
CI UJ ZI-Z0 O I-Z LU UJ LII LJ Z 5 U- IUZI- 0I- LUI-0Z |
UJ 0 CD 0 I LLI UJ |
aL a C Ol Ct a8 C C0O |
8 8 8 C0 0 al (C'0 la al 2 at (C a X LL |
at N 2— at N8c 8 c C0 C ta N OC ia I- R z Ia 0 C NO8 UIc at ut m 0 N ID at 0 X (L a a ta 0 QtC Ot at 8 Bc al 8 ta 0 ID N N 2 N I L al In8 0 N 8 tn C 0 0 E In m 8 N at ta 0 N a 8 Q IE 0 ta 08 N 0a N C 8 N Ql 0 c ul 0 a ID Gl o 8 02c 8 ID ut N ol at La 0 N 8 at ) N tn 8 '0 ID ut 8 X C N at 0 /Dc 0 ta 0 E 8 8 ( 8 8 Gl O ) C c)E8 N tn 8 t/l 0 8 Ul I-I- 0 |
al 2 C al E)0 0. EaL Gl C Ea0 al al CI |
F(QI- o oa E C c e ta ta at ant E 0 a C 8 o.(t & I a o 0 e at o. C C C. 0 C C E ta 0 0 0 0 at 8 &. ENE 0 8 E NE 8 C ' Ot me/no t/I 8 o o 8 N 8 at Ot Oc C 8eco.E ID in 0 tn Q 0 I/t C O N 8 8 ) O. mc E c —ac 0 Ol al 8 0 0 Ol ao/g at 8 —C eE pg (tt an C to C N '0 '0 0 Ul 0 ID Ot E.ca 8 oa c Nocm Ol C Ot tn ID 0 a 8 o 0 ' N Gl '0c'0 C ma E 8 N Ct tD at ta 0 X8 o C L ID 0a ta I/t ol—c Ocm 0 N 8 ta NC= cat- c C 8 N 0 ui & at m 0. 3 Ec N 2 atce cE ul ma tn o m(le lac 8 ct—a ma C 8 C 0 QE x 0 I- 8 tn .c 8 |
al altz I al at O |
E N 0 tD Gl 0 0 8 '0 C 0 0 al 8c C 8 ca I- o e N O Ia al al Ia N 8 8 8 8 8aa Ol tn ID C ec o E 0 0 C at C —.— o ac Ulec mC 0X I/l 8 C Ec 0 8 0 8 N ta I/I8088 Nta 2 ID Nat ut Ul= 8 0.N c C C 0 ID C 8 I/t 0 Inat tnaC ID 8 8 &c E 0 0 0 0 C Gl8 0 0 tn8 8 0 0 (a 0 C O. N Gl E at IDCc Gl E c C Ia- af ID 8 o 8 C 0a e otl Ia — ID 0 ID 0 80 "N c O(D 8 8 NGUc 2 CPU 8 ON C 8 (a~ 8 ID cc & In NCU'c Woo —8 0 N 0 0 e ID ala Nc E IQ 0 (D 0 (a 8 ID c 8 0C '0 c ta 0 eeoia m 0 aH/8E 8 tc e c ID/0 0 E N 8 al 8 tD o at o N E z g |
al N8a I al CI 0 al 0 ala 8 O |
N al Gl Ut C ot 0 gt 0 Ut V to a ut L Gl 0 c al N 2 c E 0 m QU N 8 N N N E tent 8 taa N ol (/L o h 0c alcc c ttl0 Noc c 8 at coo e e N 8 E'& 8 ID 8 0 ID at Y CI C ID m O ID O'a'0 8 ta at .(D,c 0 ego o.8 aoa anc tD a tac tD 0 ' c me "oe c La 0 8 0 ta 0 O.a a Gl 8 caae E 8 (U 0 at 8 0 O. at X C at aoc 8 0 Ol= o 8 I mom I/l ut at lac 0 8 c.& 8c N Gl8— C C at m.o N m0 8 c tn 8 al —E a c x I-Ee |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ED ip |
tp N ED N |
Ll | DD N |
IA EO |
Ol | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| IA | EO | ||||||||||||
| ED | |||||||||||||
| IO | |||||||||||||
| 0 tD 0 |
vl 13 C |
tp EV EV |
Ol V) |
||||||||||
| IV | |||||||||||||
| tD | |||||||||||||
| '0 0 GlCpl |
Vl 0L |
tp Ntp |
Ll | VO IA |
|||||||||
| Vl | |||||||||||||
| ID | IA | ||||||||||||
| Ct | |||||||||||||
| 0 Vl 0 |
VE 0C |
ED IP N |
LI | IO EO |
CI CI |
||||||||
| I/I0 | EO | IA | |||||||||||
| C | |||||||||||||
| ID | NIP | W | EP ED |
EV EV |
N EP |
ED EO |
|||||||
| VV | N | ED | IO | ||||||||||
| IO | ED | ED | EO | ||||||||||
| EP | EO | ||||||||||||
| 0 Gl 0 |
Vl '0 |
N CI EV |
W | ||||||||||
| I | |||||||||||||
| ID | |||||||||||||
| VI | |||||||||||||
| '0 0 |
ID '0L |
lll | N ED ED |
N I |
|||||||||
| L ED CI |
v | VV | N IA ED |
Ol ED VD |
|||||||||
| Vl Vl |
IA | IA | |||||||||||
| CI | |||||||||||||
| CI UJ |
l3 Vl .0 |
ID Tl0 |
CI N |
W | |||||||||
| ZI-Z0 | ID ED |
||||||||||||
| O | |||||||||||||
| UJI-Z | CD | ||||||||||||
| IU | UJ | ||||||||||||
| UJ | UI | ID | ID | ||||||||||
| ID | |||||||||||||
| I- UJ |
UJ 0 |
C V0 |
CN | ||||||||||
| OZclZ | UJ0 IZI |
I/I Vl |
E ID 0Z |
Vl | |||||||||
| Vl | VI | ||||||||||||
| tD | |||||||||||||
| UJ | ED | ||||||||||||
| UJXI-0I- (0 UJ |
UJ UJ |
ID 0 IV Vl C |
O C tD tD /D 0C |
0 Vl C IV CE ID |
VI Y) IV Vl ED /D pl C ID |
C0 E ID ) |
IV tD M C E IJ |
/D tD 0 plC0 z |
|||||
| 0Z | 0 U. |
| 31 | Cash generated from |
operations | operations | Notes | 2021 f |
2020f | |||
|---|---|---|---|---|---|---|---|---|---|
| Surplus/(deficit) for the |
year | 488,001 | (802,933) | ||||||
| Adjustments for: |
|||||||||
| Investment income recognised |
in statement | of financial | |||||||
| activities | (7,726) | (7,905) | |||||||
| Fair value gains and losses on | investments | (3,799) | (331) | ||||||
| Depreciation and impairment of tangible |
fixed assets | 262,261 | 212,719 | ||||||
| Movements in working |
capital: | ||||||||
| Decrease in stocks |
20 | 356 | 1,286 | ||||||
| (Increase)/decrease in |
debtors | 21 | (26,632) | 167,239 | |||||
| Increase in creditors |
23 | 27,237 | 44,985 | ||||||
| (Decrease)/increase in |
deferred | income | 25 | (17,407) | 143,640 | ||||
| Cash generated from/(absorbed |
by) operations | 722,291 | (241,300) | ||||||
| 32 | Analysis ofchanges |
in net funds | |||||||
| At 1 December | Cash flows | At 30 November | |||||||
| 2020 | 2021 | ||||||||
| f | f | f | |||||||
| Cash at bank and in hand |
232,443 | 263,480 | 495,923 | ||||||
| Loans falling due within | one year | (13,333) | (13,333) | ||||||
| Loans falling due aRer | more than one year | (85,867) | (85,867) | ||||||
| 232,443 | 164,280 | 396,723 |