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2023-06-30-accounts

Trustees J Cooper
S Prosky
G Lightfoot (Chair)
E Bradley
R Malik
J Moffoot
I Revell
E Sheldon
P Howard
Secretary J Moffoot
Charity number 283556
Company number 01589898
Principal address Japonica
Lane
Willen Park South
Milton
Keynes
Bucking hamshire
MK15 9JY
Registered office Japonica
Lane
Willen
Park		 South
Milton
Keynes
Bucking hamshire
MK15 9JY
Auditor Myers Clark
Egale 1
80 St Albans Road
Watford
Hertfordshire
WD17 1DL
Investment advisors Rathbones Investment Management
1Curzon Street
London
W1J 5FB

Page
Trustees' report 1-8
Statement of trustees' responsibilities
Independent auditor's report 10 - 12
Consolidated statement
of financial		 activities 13 —14
Summary income and expenditure account 15
Consolidated balance sheet 16
Company balance sheet 17
Statement of cash flows 18
Notes to the financial statements 19 - 39

Tied up in intangible
fixed assets		 nil
Tied up in buildings
and other tangible		 assets 2,724,563
Allocated to Restricted
Bi.Designated		 Reserves 1,184,534
The balance being Free Reserves 1,691,746

Unrestricted Restricted Total Total
funds funds 2023 2022
Notes f f f
Income and endowments from:
Donations
and legacies		 119,872 260,514 380,386 264,963
Charitable
activities		 3,849,397 3,849,397 3,272,268
Investments 29,846 29,846 17,128
Other income 380,946 380,946 29,993
Total income 4,380,061 260,514 4,640,575 3,584,352
Ex enditure
on:
Raising funds 108,723 108,723 6,319
Charitable
activities		 3,457,992 5,430 3,463,422 3,147,659
Total resources expended 3,566,715 5,430 3,572,145 3,153,978
Net gains/(losses) on investments 14 12,746 12,746 (31,078)
Net movement in funds 826,092 255,084 1,081,176 399,296
Fund balances at 1July 2022 4,391,688 127,979 4,519,667 4,120,371
Fund balances at 30June 2023 5,217,780 383,063 5,600,843 4,519,667

Unrestricted Restricted Total
funds funds 2022
E f
In ome and
n		 wments from:
Donations
and legacies		 197,297 67,666 264,963
Charitable
activities		 3,272,268 3,272,268
Investments 17,128 17,128
Other income 29,993 29,993
Total income 3,516,686 67,666 3,584,352
Ex enditure on:
Raising funds 6,319 6,319
Charitable
activities		 3,079,993 67,666 3,147,659
Total resources expended 3,086,312 67,666 3,153,978
Net gains on investments (31,078) (31,078)
Net movement
in		 funds 399,296 399,296
Fund balances at 1July 2021 3,992,392 127,979 4,120,371
Fund balances at 30June 2022 4,391,688 127,979 4,519,667

All income funds All income funds
2023 2022
f f
Gross income 4,640,575 3,584,352
Gains/(losses) on investments 12,746 (31,078)
Total income in the reporting period 4,653,321 3,553,274
Total expenditure
from		 income funds (3,572,145) (3,153,978)
Net income for the year 1,081,176 399,296
STATEMENT OF RECOGNISED GAINS AND LOSSES
Net income/(expenditure) for the year 1,068,430 430,374
Unrealised
(losses)/gains		 on investment assets held by income funds 12,746 (31,078)
1,081,176 399,296

2023 2022
Notes f. f
Fixed assets
Tangible assets 15 2,724,563 2,486,153
Investments 17 515,727 544,898
3,240,290 3,031,051
Current assets
Stocks 16 1,000 1,000
Debtors 18 225,708 227,808
Cash at bank and in hand 2,519,704 1,518,577
2,746,412 1,747,385
Creditors: amounts falling due within
one year 19 (385,859) (258,769)
Net current assets 2,360,553 1,488,616
Total assets less current liabilities 5,600,843 4,519,667
Income funds
Restricted funds 21 383,063 127,979
Unrestricted funds 22 5,217,780 4,391,688
5,600,843 4,519,667

2023 2022
Notes f
Fixed assets
Tangible assets 15 2,724,563 2,486,153
Investments 17 515,727 544,898
Investments in subsidiary 2 2
3,240,292 3,031,053
Current assets
Stocks 16 1,000 1,000
Debtors 18 225,708 227,808
Cash at bank and in hand 2,519,704 1,518,577
2,746,412 1,747,385
Creditors: amounts falling due within
one year 19 (385,861) (258,771)
Net current assets 2,360,551 1,488,614
Total assets less current liabilities 5,600,843 4,519,667
Income funds
Restricted funds 21 383,063 127,979
Unrestricted funds 22 5,217,780 4,391,688
5,600,843 4,519,667

2023 2022
Notes
Cash flows from operating
activities
Cash generated
from operations		 29 947,175 582,154
Investing activities
Purchase of tangible
fixed assets		 (590,129) (342,440)
Proceeds on disposal oftangible fixed assets 569,270
Payment of investment
manager		 fees (5,809)
Cash withdrawals
from investment		 portfolio 50,774
Interest and dividends
received		 29,846 17,128
Net cash generated
from/(used		 in)
investing activities 53,952 (325,312)
Net cash used in financing
activities
Net increase in cash and cash equivalents 1,001,127 256,842
Cash and cash equivalents
at beginning		 of year 1,518,577 1,261,735
Cash and cash equivalents
at end of		 year 2,519,704 1,518,577

Freehold
property		 2% straight line
Leasehold
land and buildings		 113years
Building
improvements		 15years
Garden Rworkshop 25% straight line
Fixtures, fittings 8.equipment 25% straight line
Motor vehicles 25% straight line

Unrestricted Restricted Total Unrestricted Restricted Total
funds funds funds funds
2023 2023 2023 2022 2022 2022
f f f f f
Donations and gifts 109,083 260,514 369,597 48,687 67,666 116,353
Legacies receivable 10,789 10,789 148,610 148,610
119,872 260,514 380,386 197,297 67,666 264,963

4 Charitable activities
Fees and Cafe and Community Total Total
contributions workshop Theatre fk Hall 2023 2022
income
Income from charitable activities 3,619,180 124,885 105,332 3,849,397 3,272,268
3,619,180 124,885 105,332 3,849,397 3,272,268
Charitable Activites - Prior Year Detail
Income from charitable activities 3,073,411 100,137 98,720 3,272,268
3,073,411 100,137 98,720 3,272,268
5 Investments
2023 2022
f f
Income from listed investments 13,892 13,727
Interest receivable 15,954 3,401
29,846 17,128

2023 2022
f f
Net gain on disposal oftangible fixed assets 352,250 1,049
Other income 28,696 28,944
380,946 29,993
Raising funds
Unrestricted Unrestricted
funds funds
2023 2022
f
Other fundraising costs 15,538
Staff costs 87,376
Fundraising and publicity 102,914
Investment management 5,809 6,319
108,723 6,319

8 Charitable activities activities
Community Cafe 8t Community Total Total
workshop Theatre Bt 2023 2022
Hall
f
Staff costs 66,644 529,582 12,039 608,265 455,750
Depreciation 137,004 456 137,460 132,538
Bank charges 2,416 2,416 2,552
Community expenses 254,388 254,388 239,088
Consumables 62,851 1,270 64,121 58,803
Workshop fee —TfSR 20,697
Insurance 41,991 41,991 34,820
Motor and travel 57,312 3,038 60,350 47,643
Rent, rates, light and heat 137,087 137,087 121,994
Repairs and renewals 27,650 11,026 12,458 51,134 50,381
Social and education 4,015 4,015 2,002
Miscellaneous 612 612 346
Theatre performance costs 39,205 39,205 48,384
728,507 604,527 68,010 1,401,044 1,214,998
Share of support costs (see note 10) 1,077,405 885,368 99,605 2,062,378 1,932,661
1,805,912 1,489,895 167,615 3,463,422 3,147,659
Analysis
by fund
Unrestricted funds 1,800,482 1,489,895 167,615 3,457,992
Restricted funds 5,430 5,430
1,805,912 1,489,895 167,615 3,463,422

Community Cafe & Community Total
workshop Theatre & 2022
Hall
f f f
Staff costs 445,034 10,716 455,750
Depreciation 132,082 456 132,538
Bank charges 2,552 2,552
Community expenses 239,088 239,088
Consumables 57,373 1,430 58,803
Workshop fee - TfSR 20,697 20,697
Insurance 34,820 34,820
Motor and travel 44,448 3,195 47,643
Rent, rates, light and heat 121,994 121,994
Repairs and renewals 39,363 3,567 7,451 50,381
Social and education 2,002 2,002
Miscellaneous 346 346
Theatre performance costs 48,384 48,384
616,349 527,473 71,176 1,214,998
Share of support costs (see note 10) 961,637 823,032 147,992 1,932,661
1,577,986 1,350,505 219,168 3,147,659
Analysis
by		 fund
Unrestricted funds 1,510,320 1,350,505 219,168 3,079,993
Restricted funds 67,666 67,666
1,577,986 1,350,505 219,168 3,147,659

Support
8r		 governance
costs
Type 2023
f		 2022
f
Staff costs Supp 1,878,451 1,756,892
Postage and stationery Supp 6,112 6,660
HR, 1T,Telecom, Sundry Supp 135,306 115,150
Telephone Supp 27,029 39,609
Audit Gov'n 15,480 14,060
Trustee expenses Gov'n 290
2,062,378 1,932,661
Analysis
by		 fund:
Unrestricted funds 2,062,378 1,932,661

The average monthly
head co		 unt was 115staff (2022: 105staff ):
2023 2022
Number Number
Office and management 10 10
Maintenance, Care 8i Support and other 105 95
115 105
104 97
Employment
costs		 2023
f		 2022
Wages and salaries 2,279,980 1,968,272
Social security costs 190,916 156,489
Defined contribution pension scheme 71,938 58,703
2,542,834 2,183,464
2023 2022
f f
Included within wages 8t salaries above are Senior Management
remuneration
amounting		 to 446,078 378,936
kind) wa s f60,000 or more were:
2023 2022
Number Number
f70,000 —f80,000
f80,000 - f90,000

2023 2022
This is stated after charging:
Auditors'
remuneration
- Audit 15,480 14,060
Depreciation 137,460 132,538
Net movement
in		 funds
Dealt with
in		 the accounts ofthe company 1,081,176 399,296
Retained
by		 subsidiary
1,081,176 399,296
14 Net gains/(losses) on investments
2023 2022
Revaluation of investments 12,746 (31,078)

15 Tangible fixed assets
Freehold Leasehold hnd Building Assets under Garden
tk		 Fixtures, Motor Total
property and buildings improvements construction workshop fittings & vehidas
equipment
f f f f f
Cost
At 1July 2022 3,118,579 217,801 298,260 372,878 18,317 831,941 124,346 4,982,122
Additions 19,292 497,550 73,287 590,129
Disposals (357,099) (26,395) (383,494)
At 30June 2023 2,761,480 217,801 317,552 870,428 18,317 905,228 97,951 5,188,757
Depreciation
and impairment
At 1July 2022 1,416,047 3,856 210,791 16,948 743,112 105,215 2,495,969
Depreciation
charged		 in the year 54,071 1,835 21,170 456 51,975 7,953 137,460
Eliminated
in respect of disposals		 (142,840) (26,395) (169,235)
At 30June 2023 1,327,278 5,691 231,961 17,404 795,087 86,773 2,464,194
Carrying
amount
At 30June 2023 1,434,202 212,110 85,591 870,428 913 110,141 11,178 2,724,563
At 30June 2022 1,702,532 213,945 87,469 372,878 1,369 88,829 19,131 2,486,153

16 Stocks
2023 2022
f f
Raw materials and consumables 1,000 1,000
17 Fixed asset investments
2023 2022
Listed Listed
investments investments
f f
Cost or valuation
Market value at 1 July 2022 544,898 568,568
Management costs (5,809) (6,319)
Capital re-invested/(withdrawn) (36,108) 13,727
Net gains/(losses) on investments 12,746 (31,078)
Market value at 30June 2023 515,727 544,898
Historical cost 454,697 480,901
The following holdings comprise more than 5%ofthe investment portfolio:
Findlay
Park		 Funds - American Fund Unhedged 35,520 35,369
SPDR Series Trust 54,809 56,021
UK Conventional Government Bonds —7/8% Green Gilt 31/07/2023 (less than
5% in 2022) 37,892
Edgewood
L		 Select Fund (less than 5% in 2022) 25,851
2023 2022
f f
Investments at fair value comprise:
Investments held within the UK 306,299 307,892
Investments held outside the UK 209,428 237,006
515,727 544,898

18 Debtors
Company
and		 Group
2023 2022
Amounts
falling due		 within one year: f f
Trade debtors 111,323 108,509
Other debtors 80,167 81,210
Prepayments and accrued income 34,218 38,089
225,708 227,808
19 Creditors: amounts falling due within one
year
Group Company Group Company
2023 2023 2022 2022
Notes f f f f
Other taxation and social security 59,958 59,958 55,509 55,509
Deferred income 20 74,030 74,030 31,428 31,428
Trade creditors 75,474 75,474 45,082 45,082
Amounts
due		 to subsidiary
undertakings		 2 2
Other creditors 92,160 92,160 71,165 71,165
Accruals and deferred income 84,237 84,237 55,585 55,585
385,859 385,861 258,769 258,771

The mov ement
for the ye		 ar is as follows:
2023 2022
f f
Balance held 1July 31,428 33,637
Invoiced during
the year		 141,386 108,033
Released to SoFA during the year (98,784) (110,242)
Balance held 30June 74,030 31,428

Movement in funds
Balance at 1 Income Bt Expenditure Balance at 30
July 2022
f		 gains
f		 f June 2023
f
Elder Care Project 32,263 32,263
The Mark Skinner Fund 95,716 95,716
Capital Development
Project		 220,000 220,000
Other Restricted Grants 40,514 (5,430) 35,084
Total restricted funds 127,979 260,514 (5,430) 383,063

Movement in funds
Balance at 1 Income R Expenditure Balance at 30
July 2021
f		 gains
f		 f June 2022
f
Elder Care Project 32,263 32,263
The Mark Skinner Fund 95,716 95,716
Capital Development Project 67,666 (67,666)
Total restricted funds 127,979 67,666 (67,666) 127,979

Movement in funds
Balance at 1 Income Expenditure Transfers Revaluations, Balance at 30
July 2022 gains and June 2023
losses
f f
Designated funds
Co-worker Fund 101,471 101,471
Revaluation Reserve 63,997 (15,713) 12,746 61,030
Build Project 700,000 700,000
General
unrestricted funds 3,526,220 4,380,061 (3,566,715) 15,713 4,355,279
Total unrestricted
funds 4,391,688 4,380,061 (3,566,715) 12,746 5,217,780

Movement in funds
Balance at 1 income Expenditure Transfers Revaluations, Balance at 30
July 2021 gains and June 2022
losses
f f f f
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 232,862 (137,787) (31,078) 63,997
Energy Conservation 25,000 (25,000)
Strategic
Development (414) 414
Build Project 700,000 700,000
General
unrestricted funds 2,922,723 3,516,686 (3,086,312) 173,123 3,526,220
Total unrestricted
funds 3,992,392 3,516,686 (3,086,312) (31,078) 4,391,688
23 Analysis of net assets between funds
Unrestricted Restricted Total
funds funds
f f
Fund balances at 30 June 2023 are represented by:
Tangible assets 2,724,563 2,724,563
Investments 515,727 515,727
Current
assets/(liabilities)		 1,977,490 383,063 2,360,553
5,217,780 383,063 5,600,843
Analysis of net assets between funds - Prior Year Detail
Unrestricted Restricted Total
funds funds
f
Fund balances at 30 June 2022 are represented by:
Tangible assets 2,486,153 2,486,153
Investments 544,898 544,898
Current
assets/(liabilities)		 1,360,637 127,979 1,488,616
4,391,688 127,979 4,519,667

2023 2022
f f
Within one year 3,043
Between two and five years

Name of undertaking Name of undertaking Name of undertaking Registered Registered Nature of business Class of 0/0 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
9JY
2023 and
2022
f
Summary
profit		 and loss account
Turnover
Cost of sales
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
28 Analysis ofchanges in net funds
The charitable company had no debt during the year.

29 Cash generated
from		 Cash generated
from		 operations operations 2023 2022
f
Surplus for the year 1,081,176 399,296
Adjustments
for:
Investment
income		 recognised in statement of financial activities (29,846) (17,128)
Gain on disposal of tangible
fixed assets		 (352,250) (989)
Fair value gains and losses on investments (12,746) 31,078
Investment
manager		 fees (5,809) (6,319)
Depreciation
and impairment		 oftangible fixed assets 137,460 132,538
Movements
in working		 capital:
Decrease
in debtors		 2,100 137,784
Increase/(decrease) in creditors 84,488 (91,897)
Increase/(decrease) in deferred income 42,602 (2,209)
Cash generated
from		 operations 947,175 582,154