2021-06-30-accounts - Camphill Milton Keynes Communities Limited

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Trustees			J Cooper
			M Luxford
			5 Prosky
			6 Lightfoot	(Chair)
			M Beck
			E Bradley
			R Malik				(Appomted	7 September	2020)
			J Moffoot				(Appointed	7September	2020)
			I Revell				(Appointed	7 September	2020)
			E Sheldon
			K Broadhurst				(Appointed	7 December	2020)
			P Howard				(Appointed	7 December	2020)
Charity number			283556
Company	number		01589898
Principal address			Japonica Lane
			Willen Park		South
			Milton Keynes
			Buckinghamshire
			MK15 9JY
Registered		office	Japonica Lane
			Willen Park		South
			Milton Keynes
			Buckinghamshire
			MK15 9JY
Auditor			Myers Clark
			Egale 1
			80 St Albans		Road
			Watford
			Hertfordshire
			WD17 1DL
Investment		advisors	Rathbones		Investment	Management
			1Curzon Street
			London
			W1J SFB

				Page
Trustees'	report
Statement	of	trustees' responsibilities
Independent		auditor's report		10 - 13
Consolidated		statement of financial	activities	14 — 15
Summary	income and expenditure		account	16
Consolidated		balance sheet		17
Company	balance sheet			18
Statement	of	cash flows		19
Notes to	the	financial statements		20-40

					Unrestricted	Restricted	Total	Total
					funds	funds	2021	2020
				Notes	6	8	6	6
Income and n	owments		from:
Donations and legacies				3	10,431	57,536	67,967	366,396
Charitable activities				4	2,618,862		2,618,862	2,278,437
investments				5	3,540		3,540	6,029
Other income				6	25,529		25,529	52,383
Total income					2,658,362	57,536	2,715,898	2,703,245
~Ex nruIIIIR3I01
Charitable activities				7	2,779,245	57,536	2,836,781	2,425,344
Total resources	expended				2,779,245	57,536	2,836,781	2,425,344
Net gains/(losses)		on investments		12	74,994		74,994	(18,449)
Net movement	in	funds			(45,889)		(45,889)	259,452
Fund balances at	1July 2020				4,038,281	127,979	4,166,260	3,906,807
Fund balances at		30June	2021		3,992,392	127,979	4,120,371	4,166,259

Consolidated Statement	of Financial Activit	ies - Prior Year Detail
		Unrestricted	Restricted	Total
		funds	funds	2020
		F.	f	6
Incom owmen	fr
Donations and legacies		366,396		366,396
Charitable activities		2,278,437		2,278,437
investments		6,029		6,029
Other income		52,383		52,383
Total income		2,703,245		2,703,245
~Edi
Charitable activities		2,422,480	2,864	2,425,344
Totairesources expended		2,422,480	2,864	2,425,344
Net gains on investments		(18,449)		(18,449)
Net movement in funds		262,316	(2,864)	259,452
Fund balances at 1July 2019		3,775,964	130,843	3,906,807
Fund balances at 30June	2020	4,038,280	127,979	4,166,259

				All income funds	All income funds
				2021	2020
				6	6
Gross income				2,715,898	2,703,245
Gains/(losses)	on investments			74,994	(18,449)
Total income	in the reporting period			2,790,892	2,684,796
Total expenditure from		income funds		(2,836,781)	(2,425,344)
Net (expenditure)/income		for the year		(45,889)	259,452
STATEMENT	OF RECOGNISED GAINS		AND LOSSES
Net income/(expenditure)		for the year		(120,883)	277,901
Unrealised (losses)/gains		on investment	assets held by income
funds				74,994	(18,449)
				(45,889)	259,452

						2021		2020
				Notes		6		6
Fixed assets
Tangible assets				13		2,276,351		1,976,085
Investments				14		568,568		498,976
						2,844,919		2,475,061
Current assets
Stocks				16	1,000		1,000
Debtors				17	365,592		203,462
Cash at bank and in		hand			1,261,735		1,684,517
					1,628,327		1,888,979
Creditors:	amounts	falling due within
one year				18	(352,875)		(197,781)
Net current	assets					1,275,452		1,691,198
Total assets less currant			liabilities			4,120,371		4,166,259
Income funds
Restricted	funds			20		127,979		127,979
Unrestricted	funds			21		3,992,392		4,038,280
						4,120,371		4,166,259

							2021		2020
					Notes		E		E
Fixed assets
Tangible assets					13		2,276,351		1,976,085
Investments					14		568,568		498,976
Investments		in subsidiary					2		2
							2,844,921		2,475,063
Current assets
Stocks					16	1,000		1,000
Debtors					17	365,592		203,462
Cash at bank		and	in	hand		1,261,735		1,684,517
						1,628,327		1,888,979
Creditors:	amounts			falling due within
one year					18	(352,877)		(197,783)
Net current	assets						1,275,450		1,691,196
Total assets		less	current liabilities				4,120,371		4,166,259
Income funds
Restricted	funds				20		127,979		127,979
Unrestricted		funds			21		3,992,392		4,038,280
							4,120,371		4,166,259

					2021		2020
			Notes		6		6
Cash Rows from operating		activities
Cash (absorbed by)/generated		from	28
operations					(1,083)		473,841
investing	activities
Purchase	oftangible fixed assets			(425,239)		(20,639)
Proceeds	on disposal oftangible fixed
assets						45
Interest received				3,540		6,029
Net cash	used in investing	activities			(421,699)		(14,565)
Net cash	used in financing	activities
Net (decrease)/increase in		cash and	cash
equivalents					(422,782)		459,276
Cash and	cash equivalents at beginning		ofyear		1,684,517		1,225,241
Cash and	cash equivalents	at end of	year		1,261,735		1,684,517

Freehold property	2%straight	line
Leasehold land and buildings	113years
Building improvements	15years
Garden Btworkshop	25% straight	line
Fixtures, fittings Bt equipment	25% straight	line
Motor vehicles	25%straight	line

		Unrestricted	Restricted	Total	Unrestricted
		funds	funds		funds
		2021	2021		2020
		E	E		E
Donations	and gifts	10,431	57,536	67,967	16,396
Legacies	receivable				350,000
		10,431	57,536	67,967	366,396

Charitable	activities
			Fees and	Caffr and	Community	Total	Total
			contrlbutloru	workshop	Theatre & Hall	2021	2020
				Income
Income from charitable		activities	2,604,107	10,346	4,409	2,618,862	2,278,437
			2,604,107	10,346	4,409	2,618,862	2,278,437
Charitable	Activites -	Prior Year Detail
Income from charitable		activities	2,109,755	109,336	59,346		2,278,437
			2,109,755	109,336	59,346		2,278,437

2021	2020
6
3,540	6,029
3,540	6,029

Other income
		2021	2020
		6	6
Net gain on disposal oftangible	fixed assets	100
Other income		25,429	52,383
		25,529	52,383

		Community	Cafb 8t	Community	Total	Total
			workshop	Theatre 8t	2021	2020
				Hall
				6
Staff costs			375,075	10,986	386,061	403,682
Depreciation		124,973			124,973	107,718
Bank charges		2,221			2,221	3,040
Community expenses		346,920			346,920	290,392
Consumables			28,951	1,042	29,993	63,027
Workshop fee - TfSR			27,596		27,596	27,596
Drama consultant						10,420
Insurance		34,985			34,985	35,791
Motor and travel		28,551		200	28,751	33,058
Rent, rates, light and	heat	123,109			123,109	122,543
Repairs and renewals		33,580	5,101	2,060	40,741	53,020
Social and education		1,863			1,863	3,271
Miscellaneous			31		31
Theatre performance	costs			14,459	14,459	36,307
Loss on disposal offixed assets						f45)
		696,202	436,754	28,747	1,161,703	1,189,820
Share of support costs (see note 8)		1,003,865	629,762	41,451	1,675,078	1,235,524
		1,700,067	1,066,516	70,198	2,836,781	2,425,344
Analysis by fund
Unrestricted funds		1,642,531	1,066,516	70,198	2,779,245
Restricted funds		57,536			57,536
		1,700,067	1,066,516	70,198	2,836,781

			Community	Caffi &	Community	Total
				workshop	Theatre Bc	2020
					Hall
				f
Staff costs				392,428	11,254	403,682
Depreciation			107,718			107,718
Bank charges			3,040			3,040
Community expenses			290,392			290,392
Consumables				62,174	853	63,027
Agency staff
Workshop fee - TfSR				27,596		27,596
Drama consultant				10,420		10,420
Insurance			35,791			35,791
Motor and travel			30,571		2,487	33,058
Rent, rates, light	and	heat	122,543			122,543
Repairs and renewals			37,323	6,620	9,077	53,020
Social and education			3,271			3,271
Bad debt provision
Miscellaneous
Theatre performance		costs			36,307	36,307
Loss on disposal	offixed assets		(45)			(45)
Other charitable	expenditure
			630,604	499,238	59,978	1,189,820
Share ofsupport	costs (see note 8)		654,849	518,395	62,280	1,235,524
			1,285,453	1,017,633	122,258	2,425,344
Analysis by fund
Unrestricted funds			1,282,589	1,017,633	122,258	2,422,480
Restricted funds			1,420			2,864
			1,285,453	1,017,633	122,258	2,425,344

Support	Bt	governance
			Type	2021	2020
				6
Staff costs			Supp	1,525,096	1,103,395
Postage	and	stationery	Supp	6,937	7,299
HP„IT, Telecom, Sundry			Supp	112,065	99,359
Telephone			Supp	15,969	11,109
Audit			Gov'n	14,780	14,060
Trustee	expenses		Gov'n	231	302
				1,675,078	1,235,524
Analysis	by	fund:
Unrestricted		funds		1,675,078	1,235,524

The average monthly	head	count was 87	staff (2020	:68 staff):
						2021	2020
						Number	Number
Office and management						10	8
Maintenance, Care &	Support and other					77	60
						87
The average monthly	number of full-time		equivalent	employees	(including	casual and part-time	staff)
during the year was;
						72	65
Employment costs						2021	2020
						E	E
Wages and salaries						1,705,383	1,348,910
Social security costs						135,090	108,544
Defined contribution	pension scheme					49,012	40,999
						1,889,485	1,498,453
						2021	2020
						E	E
Included within wages &		salaries above	are Senior	Management
remuneration amounting		to				399,387	373,181

2021	2020
Number	Number

	relating to al	l s	enior co-workers are included in community exp	enditure.
				Total	Total
				2021	2020
				f	f.
	Other miscellaneous expenses			12,531	12,687
				12,531	12,687
11	Movement	in	total funds for the year
				2021	2020
	This is stated	after charging:
	Auditors' remuneration
	- Audit			14,060	12,000
	Depreciation			107,718	107,476
	Net movement		in funds
	Dealt with in	the accounts ofthe company		259,452	(418,039)
	Retained by	subsidiary
				259,452	(418,039)
12	Net gains/(losses) on investments
				2021	2020
	Revaluation	of	investments	74,994	(18,449)

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14	Fixed asset investments	Fixed asset investments
								2021	2020
								Listed	Listed
								investments	investments
								6	6
	Cost or valuation
	Market value	at 1July 2020						498,976	521,675
	Management	costs						(5,599)	(5,464)
	Capital re-invested/(withdrawn)							197	1,214
	Net gains/(losses) on investments							74,994	(18,449)
	Market value	at 30June	2021					568,568	498,976
	Historical cost							468,969	454,574
	The following	holdings	comprise		more than	5%ofthe investment	portfolio:
	Findlay Park	Funds - American		Fund Unhedged				36,529	29,937
	SPDR Series	Trust						52,805	42,234
								2021	2020
								8	6
	Investments	at fair value comprise:
	Investments	held within	the UK					362,540	347,196
	Investments	held outside the UK						206,028	151,780
								568,568	498,976
15	Financial instruments							2021	2020
								6	6
	Carrying amount of financial			assets
	Instruments	measured	at fair value through			profit or loss		568,568	498,976
16	Stocks
								2021	2020
								6	F.
	Raw materials and consumables							1,000	1,000

17	Debtors
	Company and		Group
									2021	2020
	Amounts falling due				within one year:				6	6
	Trade debtors								238,141	71,763
	Other debtors								88,436	83,566
	Prepayments	and accrued income							39,015	48,133
									365,592	203,462
18	Creditors: amounts			falling due within		one
	year
							Group	Company	Group	Company
							2021	2021	2018	2018
						Notes	6	6	6	6
	Other taxation		and social security				47,160	47,160	34,392	34,392
	Deferred income					19	33,637	33,637	4,855	4,855
	Trade creditors						202,561	202,561	116,286	116,286
	Amounts due	to subsidiary undertakings						2		2
	Other creditors						37,846	37,846	11,774	11,774
	Accruals and	deferred			income		31,671	31,671	30,474	30,474
							352,875	352,877	197,781	197,783

The mov	ement for the year is as follows:
		2021	2020
		6	6
Balance	held 1July	4,855	11,870
Invoiced	during the year	37,587	90,809
Released	to SoFA during the year	(8,805)	(97,824)
Balance	held 30June	33,637	4,855

						Movement	in funds
					Balance at 1	Income &	Expenditure	Balance at 30
					July 2020	gains		June 2021
					E	6		E
Elder Care Project					32,263			32,263
The Mark Skinner		Fund			95,716		(2,864)	98,580
Milton	Keynes Council		Covid response	grants		54,292	(54,292)
HMRC	Job Retention		Scheme			3,243	(3,243)
Total	restricted	funds			127,979	57,535	(57,535)	127,979

			Movement	in funds
		Balance at 1	Income &	Expenditure	Balance at 30
		July 2019 6	gains f	f	June 2020 E
Elder Care Project		32,263			32,263
The Mark Skinner	Fund	98,580		(2,864)	95,716
Total restricted	funds	130,843		(2,864)	127,979

					Movement	in funds
				Balance at 1	Income &	Expenditure	Balance at 30
				July 2020	gains		June 2021
				F.	6	6	E
Designated funds
Co-worker Fund				101,471			101,471
Co-worker Fund No.2				60,750			60,750
Operating Fund				150,000			150,000
Project Fund				500,000			500,000
Revaluation Reserve				157,868	74,994		232,862
Energy Conservation				25,000			25,000
Strategic Development				(414)			(414)
General unrestricted		funds		3,043,606	2,658,362	(2,779,245)	2,922,723
Total unrestricted	funds			4,038,281	2,733,356	(2,779,245)	3,992,392
Purpose of Designated			Funds

								Movement	Movement	in funds
						Balance	at 1	Income	8t	Expenditure	Balance at 30
						July 2019		gains			June 2020
							E		E	E	E
	Designated funds
	Co-worker Fund					101,471					101,471
	Co-worker Fund No.2					60,750					60,750
	Operating Fund					150,000					150,000
	Project Fund					500,000					500,000
	Revaluation Reserve					176,317		(18,449)			157,868
	Energy Conservation					25,000					25,000
	Strategic Development						(414)				(414)
	General unrestricted		funds			2,762,841		2,703,245		(2,422,480)	3,043,606
	Total unrestricted	funds				3,775,965		2,684,796		(2,422,480)	4,038,281
22	Analysis of net assets		between	funds
							Unrestricted			Restricted	Total
								funds		funds
								E		E
	Fund balances at 30June 2021are represented					by:
	Tangible assets							2,276,351			2,276,351
	investments							568,568			568,568
	Current assets/(liabilities)							1,147,473		127,979	1,275,452
								3,992,392		127,979	4,120,371
	Analysis of net assets		between funds		- Prior	Year Detail
							Unrestricted			Restricted	Total
								funds		funds
								6		E
	Fund balances at 30June 2020			are represented		by.
	Tangible assets							1,976,085			1,976,085
	investments							498,976			498,976
	Current assets/(liabilities)							1,563,219		127,979	1,691,198
								4,038,280		127,979	4,166,259

	2021	2020
	f	6
Within one year	8,770	8,770
Between two and five years	2,923	8,770
	11,693	17,540

Details of	the charity's subsi	the charity's subsi	diaries at 30June	diaries at 30June	2021 are as	follows:
Name of	undertaldng		Registered		Nature of	business	Chrss of	96 Held
			office				shares held	Direct Indirect
Camphill	Contracts	(Milton	Japonica Lane,		Non-trading	subsidiary	Ordinary	100,00
Keynes) Limited 02009707			Willen	Park
			South,	Milton
			Keynes,	MK16
			9)Y

	Summary profit	and	loss	account
	Turnover
	Cost ofsales
	Gross (loss)/profit
	Administrative	expenses
	interest payable
	Net (loss)/profit	before tax
	Taxation
	(Loss)/profit for the		year
	The assets and	liabilities		ofthe subsidiary	were;
	Fixed assets
	Current assets
	Creditors: amounts		falling due within one		year
	Aggregate share capital			and reserves
27	Analysis of changes in			net funds
	The charity had	no	debt	during the year.

Cash generated from operations	Cash generated from operations	Cash generated from operations					2021	2020
							6
(Deficit)/surpus for the year							(45,889)	259,452
Adjustments for.
Investment income	recognised	in	statement		of financial	activities	(3,540)	(6,029)
Gain on disposal of	tangible fixed		assets					(45)
Fair value gain%and	losses on	investments					(74,994)	18,449
Investment manager	fees						5,403	4,252
Depreciation and impairment		oftangible		fixed assets			124,973	107,718
Movements in working capital:
gncrease)/decrease	in debtors						(162,130)	34,070
Increase in creditors							126,312	62,989
Increase/(decrease)	in deferred	income					28,782	(7,015)
Cash (absorbed by)/generated			from operations				(1,083)	473,841