# 



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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<br>Lane|||||||
||||Willen<br>Park||South|||||
||||Milton<br>Keynes|||||||
||||Buckinghamshire|||||||
||||MK15 9JY|||||||
|Registered||office|Japonica<br>Lane|||||||
||||Willen<br>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'<br>responsibilities|||
|Independent||auditor's<br>report||10 - 13|
|Consolidated||statement<br>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|





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||||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|---|
||||||funds|funds|2021|2020|
|||||Notes|6|8|6|6|
|Income and<br>n|owments||from:||||||
|Donations<br>and legacies||||3|10,431|57,536|67,967|366,396|
|Charitable<br>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<br>nruIIIIR3I01|||||||||
|Charitable<br>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|





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## 

|Consolidated<br>Statement|of Financial Activit|ies - Prior Year Detail|||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total|
|||funds|funds|2020|
|||F.|f|6|
|Incom<br>owmen|fr||||
|Donations<br>and legacies||366,396||366,396|
|Charitable<br>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<br>activities||2,422,480|2,864|2,425,344|
|Totairesources<br>expended||2,422,480|2,864|2,425,344|
|Net gains on investments||(18,449)||(18,449)|
|Net movement<br>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<br>period|||2,790,892|2,684,796|
|Total expenditure<br>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<br>(losses)/gains||on investment|assets held by income|||
|funds||||74,994|(18,449)|
|||||(45,889)|259,452|





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|||||||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|






## 

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||||||||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<br>by)/generated||from|28|||||
|operations|||||(1,083)||473,841|
|investing|activities|||||||
|Purchase|oftangible<br>fixed assets|||(425,239)||(20,639)||
|Proceeds|on disposal oftangible<br>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<br>in||cash and|cash|||||
|equivalents|||||(422,782)||459,276|
|Cash and|cash equivalents<br>at beginning||ofyear||1,684,517||1,225,241|
|Cash and|cash equivalents|at end of|year||1,261,735||1,684,517|





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



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|||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|





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## 

|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|





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|||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<br>expenses||346,920|||346,920|290,392|
|Consumables|||28,951|1,042|29,993|63,027|
|Workshop<br>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<br>by fund|||||||
|Unrestricted<br>funds||1,642,531|1,066,516|70,198|2,779,245||
|Restricted<br>funds||57,536|||57,536||
|||1,700,067|1,066,516|70,198|2,836,781||





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## 

||||Community|Caffi &|Community|Total|
|---|---|---|---|---|---|---|
|||||workshop|Theatre<br>Bc|2020|
||||||Hall||
|||||f|||
|Staff costs||||392,428|11,254|403,682|
|Depreciation|||107,718|||107,718|
|Bank charges|||3,040|||3,040|
|Community<br>expenses|||290,392|||290,392|
|Consumables||||62,174|853|63,027|
|Agency staff|||||||
|Workshop<br>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<br>by fund|||||||
|Unrestricted<br>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|





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## 

|8|Support|Bt|governance|costs||||
|---|---|---|---|---|---|---|---|
||||||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|



## 



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## 

|The average monthly|head|count was 87|staff (2020|:68 staff):||||
|---|---|---|---|---|---|---|---|
|||||||2021|2020|
|||||||Number|Number|
|Office and management||||||10|8|
|Maintenance,<br>Care &|Support and other|||||77|60|
|||||||87||
|The average monthly|number of full-time||equivalent|employees|(including|casual and part-time|staff)|
|during<br>the year was;||||||||
|||||||72|65|
|Employment<br>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<br>within wages &||salaries above|are Senior|Management||||
|remuneration<br>amounting||to||||399,387|373,181|



|2021|2020|
|---|---|
|Number|Number|





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||relating to al|l s|enior co-workers are included<br>in community<br>exp|enditure.||
|---|---|---|---|---|---|
|||||Total|Total|
|||||2021|2020|
|||||f|f.|
||Other miscellaneous<br>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'<br>remuneration|||||
||- Audit|||14,060|12,000|
||Depreciation|||107,718|107,476|
||Net movement||in funds|||
||Dealt with<br>in|the accounts ofthe company||259,452|(418,039)|
||Retained<br>by|subsidiary||||
|||||259,452|(418,039)|
|12|Net gains/(losses)<br>on investments|||||
|||||2021|2020|
||Revaluation|of|investments|74,994|(18,449)|





||||||||01|||l|||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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|I02|0||||||||||||||||





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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)<br>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<br>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<br>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<br>and consumables|||||||1,000|1,000|





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## 

|17|Debtors||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
||Company<br>and||Group||||||||
||||||||||2021|2020|
||Amounts<br>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<br>income|||||19|33,637|33,637|4,855|4,855|
||Trade creditors||||||202,561|202,561|116,286|116,286|
||Amounts<br>due|to subsidiary<br>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<br>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|





## 

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## 

|||||||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<br>6|gains<br>f|f|June 2020<br>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|





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## 

||||||Movement|in funds||
|---|---|---|---|---|---|---|---|
|||||Balance at 1|Income &|Expenditure|Balance at 30|
|||||July 2020|gains||June 2021|
|||||F.|6|6|E|
|Designated<br>funds||||||||
|Co-worker<br>Fund||||101,471|||101,471|
|Co-worker<br>Fund No.2||||60,750|||60,750|
|Operating<br>Fund||||150,000|||150,000|
|Project Fund||||500,000|||500,000|
|Revaluation<br>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<br>funds|||||||||||
||Co-worker<br>Fund|||||101,471|||||101,471|
||Co-worker<br>Fund No.2|||||60,750|||||60,750|
||Operating<br>Fund|||||150,000|||||150,000|
||Project Fund|||||500,000|||||500,000|
||Revaluation<br>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<br>assets/(liabilities)|||||||1,563,219||127,979|1,691,198|
|||||||||4,038,280||127,979|4,166,259|





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## 

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



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|Details of|the charity's<br>subsi|the charity's<br>subsi|diaries<br>at 30June|diaries<br>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<br>Lane,||Non-trading|subsidiary|Ordinary|100,00|
|Keynes) Limited 02009707|||Willen|Park|||||
||||South,|Milton|||||
||||Keynes,|MK16|||||
||||9)Y||||||



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





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|28|Cash generated<br>from operations|Cash generated<br>from operations|Cash generated<br>from operations|||||2021|2020|
|---|---|---|---|---|---|---|---|---|---|
|||||||||6||
||(Deficit)/surpus<br>for the year|||||||(45,889)|259,452|
||Adjustments<br>for.|||||||||
||Investment<br>income|recognised|in|statement||of financial|activities|(3,540)|(6,029)|
||Gain on disposal of|tangible<br>fixed||assets|||||(45)|
||Fair value gain%and|losses on|investments|||||(74,994)|18,449|
||Investment<br>manager|fees||||||5,403|4,252|
||Depreciation<br>and impairment||oftangible||fixed assets|||124,973|107,718|
||Movements<br>in working<br>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<br>by)/generated|||from operations||||(1,083)|473,841|