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2022-07-31-accounts

Trustees JACathcart
A M Irving
M Cooper
A M Pelling
ABest
TMcllroy (Appointed 3 March 2022)
Charity number 273924
Company number 01318397
Registered office 43 High Street
Dilton Marsh
Westbury
Wiltshire
BA134DL
Auditor David Owen &Co
17The Market Place
Devizes
Wiltshire
SN10 1BA
Bankers Lloyds Bank Pic Santander UK Pic
37 Market Place 21 Prescot Street
Warminster London
Wiltshire Et 8TN
BA129BD
Solicitors Stone King
13Queens Square
Bath
BA1 2XF

Page
Trustees'
report
1-7
Statement
ofTrustees'
responsibilities
Independent
auditor's
report 9-12
Statement offinancial activities 13-14
Balance sheet 15
Statement ofcash flows 16
Notes to the financial statements 17-33

Unrestricted Restricted Total Unrestricted Restricted Total
funds funds funds funds
Notes 2022
f
2022f 2022f 2021f 2021f 2021f
In
m
n
w
Donations
and legacies
~Ch
ri ~I~i'Iiis
3 69,007 143,686 212,693 158,213 177,445 335,658
Educational
services
4 2,888,675 2,888,675 2,505,562 2,505,562
Care services 4 1,046,372 1,046,372 1,034,756 1,034,756
Other trading
activities
5 1,234,906 1,234,906 837,291 837,291
Investments 6 145 145 163 163
Other income 7 127 127
Total income 5,239,232 143,686 5,382,918 4,535,985 177,445 4,713,430
Raising funds 8 1,172,603 1,172,603 780,790 780,790
Charitable
activities
9 3,479,701 6,710 3,486,411 2,912,792 82,246 2,995,038
Other 13 2,359 2,359
Total resources
expended 4,652,304 6,710 4,659,014 3,695,941 82,246 3,778,187
Net gains/(losses) on
investments 14 (125) (125) 7,402 7,402

Net incoming
resources before
transfers 586,803 136,976 723,779 847,446 95,199 942,645
Gross transfers between
funds 157,476 (157,476) 92,699 (92,699)
Net movement in funds 744,279 (20,500) 723,779 940,145 2,500 942,645
Fund balances at 1
August 2021 8,038,015 20,500 8,058,515 7,097,870 18,000 7,115,870
Fund balances at 31
July 2022 8,782,294 8,782,294 8,038,015 20,500 8,058,515

2022 2021
Notes 8
Fixed assets
Tangible assets 15 6,669,041 6,182,843
Investments 16 30,471 30,596
6,699,512 6,213,439
Current assets
Stocks 17 34,319 32,378
Debtors 18 256,355 231,663
Cash at bank and in hand 2,233,301 1,889,663
2,523,975 2,153,704
Creditors: amounts falling due within
one year 19 (441,193) (308,628)
Net current assets 2,082,782 1,845,076
Total assets less current liabilities 8,782,294 8,058,515
Income funds
Restricted
funds
21 20,500
~rglgg~gga
Fixed asset funds 6,669,041 6,182,843
General unrestricted funds 2,113,243 1,855,162
Share capital 10 10
8,782,294 8,038,015
8,782,294 8,058,515

2022 2021
Notes 6 6
Cash flows from operating activities
Cash generated
from operations
26 1,141,231 1,300,272
Investing activities
Purchase oftangible fixed assets (806,298) (1,310,354)
Proceeds from disposal oftangible fixed
assets 8,560 2,008
Investment income received 145 163
Net cash used in investing activities (797,593) (1,308,183)
Net cash used in financing activities
Net increase/(decrease)
in
cash and cash
equivalents 343,638 (7,911)
Cash and cash equivalents at beginning ofyear 1,889,663 1,897,574
Cash and cash equivalents at end of year 2,233,301 1,889,663

Depreciation
is recognised so as to write
offthe cost or valuation ofassets less their residual values over their
useful lives on the following bases:
Land and buildings 2'/s on a straight line basis
Property
refurbishment
4/s on a straight line basis
Plant and equipment 25'/s on a straight line basis
Fixtures and fittings 20'/s on a straight line basis
Computers 50'/s on a straight line basis
Motor vehides 25'/s on a straight line basis

Donations
and legacies
(Continued)
Unrestricted Restricted Total Unrestncted Restricted Total
funds funds funds funds
general general
2022f 2922
E
2022
E
2021f 2021
f
2021
Grants receivable for
core activities
Education
and Skills
Funding
Agency
42,569 136,186 178,755 28,390 82,246 110,636
Coronavirus
Job
Retention
Scheme
101,175 101,175
Eat Out to Help Out 8,852 8,852
Youth Sports Trust 3,000 3,000
Statutory
Sick Pay
1,977 1,977 1,246 1,246
Youth Sports Trust 7,500 7,500 13,950 13,950
The Rose Trust 750 750
The National
Lottery
Community
Fund
50,000 50,000
Peter Harrison
Foundation 20,000 20,000
Wiltshire
Council
5,000 5,000
The Lynn Foundation 500 500
Wiltshire
Community
Foundation 4,999 4,999
Wiltshire
Council IPC5
Covid funding 8,090 8,090
52,636 143,686 196,322 142,663 177,445 320,108

Educational Care services Total Educational Care seniices Total
services 2022 services 2021
2022 2022 2021
2 2
Income from charitable
activities 2,888,675 1,046,372 3,935,047 2,505,562 1,034,756 3,540,318

Unrestricted Unrestncted
funds funds
general general
2022 2021
f
Farm, shop and cafe sales 1,135,929 768,805
Other income 98,977 68,486
Other trading activities 1,234,906 837,291
Investments
Unrestricted Unrestncted
funds funds
general general
2022 2021
5 8
Interest receivable 145 163

Unrestricted Total
funds
general
2022 2021
Net gain on disposal oftangible fixed assets 127

Unrestricted Unrestricted
funds funds
general general
2022f 2021
f
Fundraisin
and
ubi i
Other fundraising costs 2,000
Tra~din
gata
Operating
commercial
activities 563,817 347,842
Staff costs 451,172 338,189
Depreciation
and
impairment 133,520 76,469
Support costs 24,094 16,290
Trading costs 1,172,603 778,790
1,172,603 780,790

Educational services Care services Total Total
2021
2022f 2022 2022
f
Staffcosts 1,323,428 562,390 1,885,818 1,420,817
Depreciation and impairment 140,915 37,234 178,149 152,182
Premises costs 29,755 64,183 93,938 130,137
Provision of services 598,648 59,255 657,903 523,613
irrecoverable VAT 75,128 14,758 89,886 102,371
Bad and doubfful debt 902 36,575 37,477 24,526
2,175,486 774,395 2,949,881 2,435,892
Share of support costs (see note 10) 523,480 523,480 549,043
Share of governance costs (see note
10) 13,050 13,050 10,103
2,712,016 774,395 3,486,411 2,995,038
Analysis by fund
Unrestricted funds - general 2,705,306 774,395 3,479,701 2,912,792
Restricted funds 6,710 6,710 82,246
2,712,016 774,395 3,486,411 2,995,038

10 Support costs Support costs Support costs
Support Governance 2022 Support costs Governance 2021
costs costs costs
8 8 9 f
Staffcosts 523,480 523,480 545,352 545,352
Hire ofplant and
machinery 3,691 3,691
Bank charges 24,094 24,094 16,290 16,290
Audit fees 13,050 13,050 10,090 10,090
Governance Costs 13 13
547,574 13,050 560,624 565,333 10,103 575,436
Analysed between
Trading 24,094 24,094 16,290 16,290
Charitable activities 523,480 13,050 536,530 549,043 10,103 559,146
547,574 13,050 560,624 565,333 10,103 575,436

The average monthly
numb
er ofemployee s
during the
year was:
2022 2021
Number Number
136 124
Employment costs 2022 2021
8
Wages and salaries 2,557,998 2,073,036
Social security costs 203,257 150,761
Other pension costs 99,215 80,561
2,860,470 2,304,358
The number of employees whose annual remuneration was f60,000 or more
were:
2022 2021
Number Number
860,001 - 670,000 2
680,001 - 690,000

Total Unrestricted
funds
6 general
2022 2021
Net loss on disposal oftangible fixed assets 2,359
2,359

Unrestricted Unrestdicted
funds funds
general general
2022 2021
6
(125) 7,402
15 Tangible fixed assets
Land and Plant and Fixtures and Computers Motor Total
buildingsf equipment
K
fittings
5
8 vehicles
6
Cost
At 1August 2021 6,839,520 146,105 794,966 185,594 5,995 7,972,180
Additions 733,159 67,678 5,461 806,298
Disposals (21,254) (21,254)
At 31 July 2022 7,572,679 124,851 862,644 191,055 5,995 8,757,224
Depreciation
and impairment
At 1August 2021 1,253,299 97,638 255,703 182,446 250 1,789,336
Depreciation
charged
in the year 148,675 17,587 140,366 3,541 1,499 311,668
Eliminated in respect ofdisposals (12,821) - - (12,821)
At 31 July 2022 1,401,974 102,404 396,069 185,987 1,749 2,088,183
Carrying amount
At 31 July 2022 6,170,705 22,447 466,575 5,068 4,246 6,669,041
At 31 July 2021 5,586,221 30,778 556,952 3,147 5,745 6,182,843
Unlisted
investments
6
Cost orvaluation
At 1 August 2021 30,596
Valuation
changes
(125)
At 31 July 2022 30,471
Canying
amount
At 31 July 2022 30,471
At 31 July 2021 30,596

17 Stocks
2022f 2021
6
Feed stuffs and consumables 9,916 6,615
Livestock 23,980 25,270
Stationery 423 493
34,319 32,378
18 Debtors
Amounts
falling due
within one year: 2022f 2021
8
Trade debtors 205,933 182,333
Prepayments and accrued income 50,422 49,330
256,355 231,663
19 Creditors: amounts falling due within one year
2022 2021
6 6
Other taxation and social security 123,817 19,903
Trade creditors 278,520 178,156
Other creditors 15,103 14,292
Accruals and deferred income 23,753 96,277
441,193 308,628
20 Share capital 2022 2021
6 6
Ordinary share capital
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shares off1 each
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23 Analysis ofnet assets ofnet assets between funds between funds
Unrestricted Restricted Total Unrestricted Restricted Total
funds funds funds funds
2022 2022 2022 2021 2021 2021
f. f f f. f
Fund balances at 31
July 2022 are
represented
by:
Tangible assets 6,669,041 6,669,041 6,182,843 6,182,843
Investments 30,471 30,471 30,596 30,596
Current assets/(liabilities) 2,082,782 2,082,782 1,824,576 20,500 1,845,076
8,782,294 8,782,294 8,038,015 20,500 8,058,515
24 Operating lease commitments
Amounts recognised in profit or loss as an expense during the period in respect of operating lease
arrangements
are as
follows:
2022 2021
f f
Minimum lease payments under operating leases 31718 28 143
31,718 28,143

At the reporting
non-cancellable
end date
operating
the charity had outstanding
leases, which fall due as
commitments
follows:
for future minimum lease paymenb under
2022f 2021f
Within one year 37,201 29,976
Between two and five years 56,403 48,670
In over five years 75 100
93,679 78,746

Pumhase ofgoods Pumhase ofgoods
2022 2021
f f
Key management personnel 9,600
Other related parties 716,915 946,568
726,515 946,568

Amounts
owed to related
Amounts
owed to related
parties
2022 2021
8 8
Other related parties 74,444
A trustee
received 69,600 from the
charity, for providing interim accountancy services,
while a new finance
manager
was recruited.
The trustee
did not take part in decisions made by the trustee
board
regarding
any
aspect ofthe agreement
and did not
attend any trustee meetings whilst providing the services.
The director
and
owner
of Liddiard
Builders
Ltd is a
dose family member of the Finance Director.
The
Finance Director was excluded
from
the decision to appoint Liddiard Builders Ltd as a contractor.
28 Cash generated
from operations
2022 2021
8 8
Surplus for the year 723,777 942,646
Adjustments
for:
Investment
income recognised
in statement
offinancial activities (145) (163)
(Gain)/loss
on disposal oftangible fixed assets
(127) 2,359
Fair value gains and losses on investments 125 (7,402)
Depreciation
and impairment
oftangible fixed assets
311,669 228,651
Movements
in working capital:
(Increase)/decrease
in stocks
(1,941) 850
(Increase)/decrease
in debtors
(24,692) 65,023
Increase
in creditors
132,565 68,308
Cash generated
from operations
1,141,231 1,300,272
27 Analysis ofchanges
in net funds
The charity had no debt during the year.