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||Pages||
|---|---|---|
|Trustees'
Annual
Report|2to 5||
|Auditor's
Report|6to 8||
|Statement ofFinancial Activities|||
|Balance Sheet||10|
|Statement ofCash flows|||
|Notes to the Accounts|12to|23|
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||||Unrestrict|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||ed funds|funds|funds|funds|
||||2021|2021|2021|2020|
|||Notes|||||
|Income and endowments|||||||
|from:|||||||
|Donations|and legacies|||||648|
|Charitable|activities||313,191||313,191|301,607|
|Investments|||17,951||17,951|643|
|Other|||993,885||993,885|1,942|
|Total|||1,325,027||1,325,027|304,840|
|Expenditure|on:||||||
|Raising funds|||2,850||2,850||
|Charitable|activities||255,536||255,536|268,258|
|Total|||258,386||258,386|268,258|
|Net income||10|1,066,641||1,066,641|36,582|
|Net income
gains/(losses)|before other||1,066,641||1,066,641|36,582|
|Other gains|and losses:||||||
|Reduction|in revaluation||||||
|reserve on|sale offixed||(55,000)||(55,000)||
|assets|||||||
|Net movement
in funds|||1,011,641||1,011,641|36,582|
|Reconciliation offunds:|||||||
|Total funds brought
forwal d|||3,503,037|5,000|3,508,037|3,471,455|
|Total funds|carried||||||
|forward|||4,514,678|5,000|4,519,678|3,508,037|
##
|||at||30September 2021||
|---|---|---|---|---|---|
|Company
No. 01473711|||Notes|2021|2020|
|Fixed assets||||||
|Tangible assets|||13|2,791,152|3,212,145|
|Investments|||14|160,000|160,000|
|||||2,951,152|3,372,145|
|Current assets||||||
|Stocks|||15|13,143|11,870|
|Debtors|||16|44,140|45,172|
|Cash at bank and|in hand|||1,522,404|91,964|
|||||1,579,687|149,006|
|Creditors: Amount|falling due within one year||17|(11,161)|(13,114)|
|Net current assets||||1,568,526|135,892|
|Total assets less current liabilities||||4,519,678|3,508,037|
|Net assets excluding|pension asset or liability|||4,519,678|3,508,037|
|Total net assets||||4,519,678|3,508,037|
|The funds ofthe charity||||||
|Restricted funds|||18|||
|Restricted
income|funds|||5,000|5,000|
|||||5,000|5,000|
|Unrestricted
funds|||18|||
|General funds||||1,379,217|1,708,934|
|Other reserves||||3,135,461|1,794,103|
|||||4,514,678|3,503,037|
|Total funds||||4,519,678|3,508,037|
##
|||2021|2020|
|---|---|---|---|
|Cash flows from operating
activities||||
|Net income per Statement ofFinancial Activities||1,011,641|36,582|
|Adjustments
for:||||
|Depreciation ofproperty,
plant and equipment||1,991|3,412|
|Profit on disposal oftangible
fixed assets||(993,885)||
|Dividends,
interest and rents from investments||(17,951)|(2,585)|
|Other gains/losses||55,000||
|(increase)/Decrease
in stocks||(1,273)|7,744|
|Decrease in trade and other receivables||1,032|20,353|
|Decrease in trade and other payables||(1,953)|(11,604)|
|Net cash provided
by operating
activities||54,602|53,902|
|Cash flows from investing
activities||||
|Proceeds from sales ofproperty,
plant and|equipment|1,396,909||
|Purchases ofproperty,
plant and equipment||(39,022)|(53,053)|
|Dividends,
interest and rents from investments||17,951|2,585|
|Net cash from/(used
in) investing
activities||1,375,838|(50,468)|
|Net cash from financing
activities||||
|Net increase in cash and cash equivalents||1,430,440|3,434|
|Cash and cash equivalents
at the beginning|ofthe year|91,964|88,530|
|Cash and cash equivalents
at the end ofthe|year|1,522,404|91,964|
|Components
ofcash and cash equivalents||||
|Cash and bank balances||1,522,404|91,964|
|||1,522,404|91,964|
##
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##
|||Peredur Trust
NOTES TO THE ACCOUNTS||||
|---|---|---|---|---|---|
|Income||||||
|Recognition
income|of|Income is included
in the Statement ofFinancial Activities (SoFA) when the
charity becomes entitled to, and virtually
certain to receive, the income and||||
|||the amount ofthe income can be measured
with sufficient reliability.||||
|Income with
related||Where income has related expenditure
the income and related expenditure
reported gross in the SoFA.|||is|
|expenditure||||||
|Donations
and||Voluntary
income received by way ofgrants, donations
and gifts is|included|||
|legacies||in the the SoFA when receivable
and
only when the Charity has||||
|||unconditional
entitlement
to the income.||||
|Tax reclaims|on|Income from tax reclaims
is included
in the SoFA at the same time|as the|||
|donations
and||gift/donation
to which
it relates.||||
|gifts||||||
|Donated services
and facilities||These are only included
in income (with an equivalent
amount
in expenditure)
where the benefit to the Charity
is reasonably
quantifiable,
measurable
and||||
|||material.||||
|Volunteer
help||The value ofany volunteer
help received is not included
in the accounts.||||
|Investment||This is included
in the accounts when receivable.||||
|income||||||
|Gains/(losses)
on
revaluation
of||This includes
any gain or loss resulting
from revaluing
investments
value at the end ofthe year.|to market|||
|fixed assets||||||
|Gains/(losses)|on|This includes
any gain or loss on the sale ofinvestments.||||
|investment
assets||||||
|Expenditure||||||
|Recognition
expenditure|of|Expenditure
is recognised
on an accruals basis. Expenditure
includes
VAT which cannot be fully recovered,
and is reported as part ofthe|any|||
|||expenditure
to which it relates.||||
|Expenditure|on|These comprise the costs associated with attracting
voluntary
income,||||
|raising funds||fundraising
trading costs and investment
management
costs.||||
|Expenditure
on
charitable
activities||These comprise the costs incurred
by the Charity
in the delivery ofits
activities and services in the furtherance
ofits objects, including
the making
ofgrants and governance
costs.||||
|Grants payable||All grant expenditure
is accounted for on an actual paid basis plus an accrual
for grants that have been approved
by the trustees
at the end ofthe year but||||
|||not yet paid.||||
|Governance
costs||These include those costs associated with meeting the constitutional|and|||
|||statutory
requirements
ofthe Charity,
including
any audit/independent||||
|||examination
fees, costs linked to the strategic management
ofthe Charity,
together with a share ofother administration
costs.||||
|Other expenditure||These are support costs not allocated to a particular
activity.||||
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##
|3
Statement|ofFinancial|Activities -prio|r year|||
|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|
||||funds|funds|funds|
||||2020|2020|2020|
|Income and endowments||||||
|from:||||||
|Donations|and legacies||648||648|
|Charitable|activities||301,607||301,607|
|Investments|||643||643|
|Other|||1,942||1,942|
|Total|||304,840||304,840|
|Expenditure|on:|||||
|Charitable|activities||268,258||268,258|
|Total|||268,258||268,258|
|Net income|||36,582||36,582|
|Net income before other||||||
|gains/(losses)|||36,582||36,582|
|Other gains and losses:||||||
|Net movement|in funds||36,582||36,582|
|Reconciliation|offunds:|||||
|Total funds brought||||||
|forward|||3,466,455||3,471,455|
|Total funds carried||||||
|forward|||3,503,037|5,000|3,508,037|
|Income from donations||and||||
|4
legacies||||||
|Total|Total|
|---|---|
|2021|2020|
||648|
||648|
##
##
|5|Income|fro|m charitable
activities||||
|---|---|---|---|---|---|---|
|||||Unrestricted|Total|Total|
||||||2021|2020|
|||||||K|
||Primary|Purpose|||||
||Trading:||||||
||Craft Sales|||||1,360|
||Pottery|Income||767|767|600|
||Book Sales|||2,828|2,828|2,006|
||Farm Income|||30,510|30,510|43,912|
||Supporting
Income||People|145,792|145,792|97,847|
||Monthly
Income|Charges||20,581|20,581|38,734|
||Respite|and|Holiday||||
||Fees|||||200|
||Housing|Benefit||112,713|112,713|116,948|
|||||313,191|313 191|301607|
|6|Income|from investments|||||
|||||Unrestricted|Total|Total|
||||||2021|2020|
||Property
Income|Rental||7,531|7,531|600|
||Land rental||Income|10,417|10,417||
||Interest on cash||||||
||deposits|||||43|
|||||17,951|17,951|643|
|7|Other income||||||
|||||Unrestricted|Total|Total|
||||||2021|2020|
||Profit on|Sale ofFixed|||||
||Assets|||993,885|993,885|1,942|
|||||993,885|993,885|1,942|
##
|Expenditure|on raising funds||||
|---|---|---|---|---|
|||Unrestricted|Total|Total|
||||2021|2020|
|Investment|||||
|management|costs||||
|Land management
costs||2,850|2,850||
|||2,850|2,850||
##
##
##
##
|Expenditure
on ch
activities|aritable||||
|---|---|---|---|---|
|||Unrestricted|Total|Total|
||||2021|2020|
|Direct expenditure|on||||
|charitable
activities|||||
|Stock Movements||76|76|6,046|
|Residents Activities-
Pottery||731|731|269|
|Residents Activities-
Bakery||55|55|740|
|Respite Costs||||3,223|
|Purchases||1,329|1,329|3,059|
|Groceries||10,386|10,386|13,091|
|Support Costs|||||
|Wages||137,850|137,850|132,043|
|StaffNIC (Employers)||8,480|8,480|6,395|
|Pensions||2,241|2,241|2,088|
|Stafftraining||48|48|42|
|Travel and subsistence||12,380|12,380|13,213|
|Rent 8~ rates||4,9SI|4,981|1,977|
|Light, heat and power||9,159|9,159|14,216|
|Insurance||16,268|16,268|18,889|
|Repairs 4 renewals||25,611|25,611|19,757|
|Telephone
and fax||3,129|3,129|3,157|
|Printing,
postage and
stationary||873|873|907|
|Subscriptions||2,507|2,507|2,679|
|sundry
expenses||1,954|1,954|1,972|
|Cleaning||621|621|1,218|
|Marketing
and
promotion||||18|
|Consultancy
fees||8,194|8,194|3,567|
|Legal and professional|||||
|fees||||9,129|
|Specific Bad Debts|||||
|written off|||||
|Bank charges||74|74|76|
|Interest payable||||2|
|Depreciation||1,990|1,990|3,412|
|Governance
costs|||||
|Cost oftrustee|||||
|meetings||159|159|57|
|Accountancy
fees||3,020|3,020|3,597|
##
|Audit ofthe charity's
accounts|||||3,420|3,420|3,420|
|---|---|---|---|---|---|---|---|
||||||255,536|255,536|268,258|
|10 Net income before transfers||||||||
||||||2021||2020|
|This is stated after charging:||||||||
|Depreciation ofowned
Auditors'
remuneration
Trustee remuneration|fixed assets
and||||1,990
3,420||3,412
3,420|
|11 expenses||||||||
|One or more ofthe trustees||has been paid||expenses|in the current or prior periods.|||
||||||2021||2020|
||||||Number||Number|
|Number oftrustees paid|expenses||||||1|
|Total expenses reimbursed||to trustees|||||184|
|12 Staffcosts||||||||
|Salaries and wages|||||137,850||132,043|
|Social security costs|||||8,480||6,395|
|Pension costs|||||2,241||2,088|
||||||148,571||140,526|
|No employee
received emoluments|||in excess of560,000 in either the current or|||||
|preceding year.||||||||
|Total employee
benefits
management
personnel|received by||key||47,390||43,713|
|The average monthly
number ofemployees||||during||||
|the year was as follows:||||||||
||||||2021||2020|
||||||Number||Number|
|Charitable
Activities|||||7||7|
##
|1|3 Tangible fixed assets||||||
|---|---|---|---|---|---|---|
|||Land and
buildings|Plant and
machinery|Motor
Vehicles|Fixtures and
Fittings|Total|
||Cost or revaluation||||||
||At 1 October 2020|3,191,086|279,075|25,733|2,264|3,498,158|
||Additions|38,777|||245|39,022|
||Disposals
At 30 September 2021|(448,198)
2,781,665|(121,399)
157,676|25,733|2,509|(569,597)
2,967,583|
||Depreciation
and||||||
||impairment||||||
||At 1 October 2020||262,410|22,744|858|286,012|
||Depreciation
charge
for the year||1,026|598|367|1,991|
||Disposals
At 30 September 2021||(111,572)
151,864|23,342|1,225|(111,572)
176,431|
||Net book values||||||
||At 30 September 2021
At 30 September 2020|2,781,665
3,191,086|5,812
16,665|2,391
2,989|1,284
1,406|2,791,152
3,212,146|
|14|Investments||||||
||||||Freehold||
||||||Investment||
||||||Property|Total|
||Cost or revaluation||||||
||At 1 October 2020
At 30 September 2021||||160,000
160,000|160,000
160,000|
||Net book values||||||
||At 30 September 2021
At 30 September 2020||||160,000
160,000|160,000
160,000|
|15|Stocks||||||
|||||2021||2020|
||Raw materials
and consumables|||13,143||11,870|
|||||13,143||11,870|
|16|Debtors||||||
|||||2021||2020|
||Trade debtors
Other debtors|||13,133
1,353||6,568|
||Prepayments
and accrued|income||29,654||38,604|
|||||44,140||45,172|
##
##
|17 Creditors:|17 Creditors:|17 Creditors:|17 Creditors:|||||
|---|---|---|---|---|---|---|---|
|amounts
falling due within one year||||||||
||||||2021||2020|
|Trade creditors|||||6,388||4,222|
|Accruals and deferred|||income||4,773||8,892|
||||||11,161||13,114|
|1S Movement|in funds|||||||
|||||Incoming||||
|||||resources||||
|||||(including|Resources|Gross||
||||At 1
October
2020|other
gainsllosses
)|expended|transfers|At 30
September
2021|
|Restricted|funds:|||||||
|Restricted|income|||||||
|funds:||||||||
|Art and education||fund|5,000||||5,000|
|Total|||5,000||||5,000|
|Unrestricted|funds:|||||||
|General funds|||1,708,934|1,325,027|(258,386)|(1,396,358)|1,379,217|
|Other reserves:||||||||
|Fair value reserve|||158,883||||158,883|
|Revaluation|reserve||1,635,220|(55,000)|||1,580,220|
|Development|fund|||||1,396,358|1,396,358|
|Total|||1,794,103|(55,000)||1,396,358|3,135,461|
|Total funds|||3,508,037|1,270,027|(258,386)||4,519,678|
|19|funds||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|||||||||Unrestricted
funds|Restricted
funds|Total|
||Fixed assets|||||||2,791,152||2,791,152|
||Investments|||||||160,000||160,000|
||Net current assets|||||||1,563,526|5,000|1,568,526|
|||||||||4,514,678|5,000|4,519,678|
|20|Commitments||||||||||
||Capital commitments|||||||2021||2020|
||Capital commitments||contracted for||||||||
||at the end ofthe financial year for||||||||||
||which no provision|has been made:||||||||81,761|
|21|Related party disclosures||||||||||
||||||||||2021|2020|
||Transactions
with related parties||||||||||
||Name ofrelated party||Alan Vanier||||||||
||Description of||||||||||
||relationship
between||Spouse of|trustee Lorna Vanier|||||||
||the parties||||||||||
||Description of||||||||||
||transaction
and||||||||||
||general amounts||Plumbing|work undertaken|||||||
||involved||||||||||
||Amount duePoml(to)||the related party||||||65|192|
||Name ofrelated party||PDP Green||Consulting||Ltd||||
||Description of||||||||||
||relationship
between||Trustee Paul|||Frondella|is a director||||
||the parties||||||||||
||Description of||||||||||
||transaction
and||||||||||
||general amounts||Consulting||work on planning|||permissions|||
||involved||||||||||
||Amount duefrom/(to)||the related party||||||17,184||
||Controlling
party||||||||||
||The company
is limited by guarantee|||||and has no share||capital; thus no|single party controls the||
||company.||||||||||