2021-12-31-accounts - Jaguar Daimler Heritage Trust

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		Notes	Restricted	Unrestricted	2021	2020
			funds	funds	Total	Tots I
Income from
Donations				281	281	44
Donations &gifts			24,000		24,000	26,500
			24,000	281	24,281	26,544
Charitable activities
Covenant from JLRL				590&520	590,520	549,480
Exhibitions & Events				15,428	15,428	2,744
Archive income				170,059	170,059	147,919
				776,007	776,007	700&243
Investments
Bank mterest				103	103	3,367
Other				185	185	42,500
Total income			24,000	776,576	800,576	772,554
Expenditure
Charitable activities
Covenant costs			(12,000)	(380,434)	(392,434)	(354,682)
Exhibitions 8 Events			(6,000)	(123,009)	(129,009)	[85,022)
Archive costs			(6,000)	(212,813)	(218,813)	(215,486)
Total Expenditure		5	(24,000)	(716,256)	(740,256)	(655,190)
Net Income/(expenditure)				60,320	60,320	117,364
Other Recognised gains						22,572
Net movement in funds				60,320	60,320	139,936
Total funds brought	forward			5,750,229	5,750,229	5,610,293
TOtal funds carried forward				5&810&549	5,810,549	5,750,229

				Notes	2021	2020
Cash flows from operating	activities
Net cash provided by operating activities				21	276,236	438,840
Cash flows from investing	activities
Interest					103	3,367
Purchase of property, plant	lk equipment				(21,015)
Sale of heritage assets						40,000
Net cash expended on investing activities					(20,912)	43,367
Change In cash and cash equivalents reporting period		in the		22	255,324	482,207
Cash and cash equivalents	at the beginning		ofthe reporting	period	1,597,275	1,115,068
Cash and cash equivalents reporting period	at the end	ofthe			1,852,599	1,597,275

Office Equipment	3to 5 Years
Fixtures, Fittings and Plant Equipment	5 to 10Years
Buildings	24 Years

Activity 2021	Activity 2021	Unrestricted Activities undertaken		Unrestricted Support	Restricted Support Costs undertaken	Restricted Support
		directly		costs	directly.	costs
Covenant	Costs		287,033	93,401		12,000	392,434
Events			76,309	46,700		6,000	129,009
Archive			166,113	46,700		5,000	218,813
Total			529r455	186,801		24,000	740p256

support cost breakdown	support cost breakdown	by	Covenant	Archive	Events	Total
activity	2020					2020
Unrestricted
Remuneration Finance/Admln/MD			74,169	3),084	37,084	148,337
Consultancy
Human Resources
Stationery			366	183	183	732
Bank Charges			2,180	1,090	1,090	4,360
Maintenance-affice	equipment		6,530	3,266	3,266	13,062
Website			384	192	192	768
Copyright & GDPR			3,556	1,778	1,778	7,112
Total unrestricted			87,185	43,593	43,593	174,371
Restricted
Governance			9,750	4,875	4,875	19,500
Gifts in Kind			3,500	b)50	1,750	/,000
Total Restricted			13,250	6,625	6,625	26,SOO
Total support costs			100,435	50,218	50,218	200,87t
Support cost breakdown activity 2021		by	Covenant	Archive	Events	Total 2021
Unrestricted
Remuneration Fmance/Admin/MD			77,052	38,526	38,526	154,104
Human Resources			513	256	256	1,025
Stationery			682	340	340	1,362
Bank Charges			1,824	912	912
Maintenance —ofhce equipment			8,072	4,036	4,036	16,144
Website			384	192	192	768
Copyright & GDPR			4,874	2,438	2,438	9,750
Total unrestricted			93,401	46,700	46,700	186,801
Restricted
Governance			8,500	4,250	4,250	17,000
Gifts in Kind			3,500	1,750	1,750	7,000
Total Restricted			12,000	6,000	6,000	24,000
Tata I support costs			105,401	52.700	52,700	210,801

he combined remune	ration of the senior management team was:
		2021	2020
Senior Management	Salaries	179,073	172,986
Senior Management	National insurance	18,210	17,418
Senior Management	Pension	3(760	3,697
Tota I		201,043	194,101

Gifts in kind	are goods or services received by JDHT free	ofcharge and used in the pursuit ofits objectiv	es.
		2021	2020
Communications/IT		3,500	3,500
Fuel		3,5M	3,500
		7,0M	7,000
Governance	- Audit Fee	17,000	19,500
Total		24,000	26,500

			2021	2020
Depreciation assets	oftangible		72,046	67,346
Fees payable to the company's company's financial statements		auditors for the audit ofthe	17,000	19,500

Heritage Assets
				Vehicles	Artefacts	Tota I
At beginning ofyear			3,426,435		5,461	I3'I,309
Revaluation in the year
			3,426,435		5,461	3,431,896
Disposals
Acquisitions					4,892	4,892
Value at end ofyear
31December 2021			3,426,435		10,353	3,436,788
Vehicles:			Artefacts:
Gifted in 2021was Enil (2020:fnil) Disposal in 2021was fnil (2020:f12,000)			Gifted in 2021wasfnil (2020:fnil) Disposal in 2021wasfnil (2020:Enil)
Acquisitions in 2021was Enil (2020:fnil)			Acquisitions	in 2021was	E4,892(2020:Enil)
13.Debtors					2021	2020
Amounts falling due within one
year
Trade debtors					12,631	2,286
Amount owed by related parties					5,568	484,094
VAT recoverable					25,478	7,713
Prepayments					82,721	63,931
					126,398	293,107
14.Creditors					2021	2020
Amounts falling due within
one year
Trade creditors					16,053	7,756
Amount due to related	parties				25,300	18,217
Accruals and deferred	income				22,566	60,680
					63,919	86,653
Deferred income received due to events deposits		paid	in 2021was E3,000(2020:E36,500)

15.Restricted Funds				2021	2020
Balance at 1January
Incoming resources				24,000	26,500
Resources expended				(24,000)	(26,500)
Balance at 31December
See notes 8 for details.
16.General Funds				2021	2020
Balance at 1January				3,055,642	2,903,706
Incoming resources				776,576	746,054
Resources expended				(716,256)	(628,690)
Other gains					34,572
Balance at 31December				3p115p962	3055 642
17,Revaluation Reserve				2021	2020
Balance at 1January				2,694,587	2,706,587
Revaluation in year
Transfer on disposal of assets					(12,000)
Balance at31December				2,694,587	2,694,587
18.Total Funds Unrestricted	Restricted		Unrestricted	Restricted
		2021			2020
Fixed assets 458,684		458,684	514,604		514,604
Heritage assets 742,201		742,201	737,309		737,309
Revaluation 2,694,587		2,694,587	2,594,587		2,694,587
Current assets 1,978,997		1,978,997	1,890,382		1,890,382
Current liabilities (63,919)		(63,919)	(86,653)		(86,653)
Net assets 5,810,549		5,810,549	5,750,229		5,750,229

21.Reconcgia	tion ofnet	movement In fun	ds to net cash flow fro	m operating activities
				2021	2020
Net income				60,320	139.936
Adjustments	for:
Depreciation	oftangible	fixed assets		72,046	67,346
Net interest	receivable			(103)	(3,367)
Gain on sale	of heritage	assets			(28,000)
Decrease in	debtors			166,707	278,688
Decrease in	creditors			(22,734)	(15,763)
Net cash inflow/(outflow)		from operating	activities	276,236	438,840
22. Analysis of cash
				2021	2020
Cash at bank	and in hand,	at 1January		1,597,275	1,115,068
Change in cash as per cash flow				255,324	482,207
Total cash in	hand, at 31	December		1,852,599	1,597,275