##
|||Page|
|---|---|---|
|Reference and Administrative
Details|ofthe Charity, its Trustees and Advisers||
|Trustees'
Report|||
|Trustees'
Responsibilities
Statement||13|
|Independent
Auditors'
Report on the|Financial Statements|14-17|
|Consolidated
Statement of Financial|Activities|18|
|Consolidated
Balance Sheet||19|
|Charity Balance Sheet||20|
|Consolidated
Statement ofCash Flows||21|
|Notes to the Financial Statements||22-42|
|Trustees|||E Bottril||||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||C L Burt (resigned||||15|December 2020)|||
||||M Green||||||||
||||M Howarth||(resigned|||15December 2020)|||
||||V E Morriss||(appointed||||15December 2020)||
||||J Parker (appointed||||15||December 2020)||
||||M Smith||||||||
||||R Walker||||||||
||||L Grant||||||||
||||M Mintram||||||||
|Company|registered||||||||||
|number|||04965522||||||||
|Charity registered|||||||||||
|number|||293190||||||||
|Registered||office|The Great|Oak Hall|||||||
||||Westonbiit,||The|National|||Arboretum||
||||Tetbury||||||||
||||Gloucestershire||||||||
||||GL8 8QS||||||||
|Chief executive officer|||M Coe||||||||
|Independent||auditors|Bishop Fleming|||LLP|||||
||||Chartered|Accountants|||||||
||||Statutory
Auditors||||||||
||||10Temple|Back|||||||
||||Bristol||||||||
||||BS16FL||||||||
|Bankers|||Lloyds Bank||PLC||||||
||||14Castle Street||||||||
||||Cirencester||||||||
||||Gloucestershire||||||||
||||GL7 1QJ||||||||
||||CAF Bank|Ltd|||||||
||||25 Kings
Hill||Avenue||||||
||||West Mailing||||||||
||||Kent||||||||
||||ME194JQ||||||||
||||CCLA Investment|||Management||||Ltd|
||||80Cheapside||||||||
||||London||||||||
||||EC2V 6DZ||||||||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|funds|funds|
|||Note|2020|2020f|2020|2019
F|
|INCOME FROM:|||||||
|Donations
and legacies|||58,539|13,941|72,480|178,209|
|Charitable
activities|||1,260,539||1,260,539|1,225,993|
|Other trading
activities|||245,&03||245,803|21,817|
|Investments|||2,744||2,744|7,004|
|Other income|||54,963||54,963||
|TOTAL INCOME|||1,622,588|13,941|1,636,529|1,433,023|
|EXPENDITURE ON:|||||||
|Raising funds||7|312,527||312,527|51,882|
|Charitable
activities||8|1,024,606|3,574|1,028,180|1,972,367|
|TOTAL EXPENDITURE|||1,337133|3,574|1,340,707|2,024,249|
|NET MOVEMENT|IN FUNDS||285,455|10,367|295,822|(591,226)|
|RECONCILIATION|OF FUNDS:||||||
|Total funds brought|forward||831,107|44,179|&75,286|1,466,512|
|Net movement
in funds|||285,455|10,367|295,822|(591,226)|
|TOTAL FUNDS CARRIED FORWARD|||1,116,562|54,546|1,171,108|875,286|
##
##
|||||2020||2019|
|---|---|---|---|---|---|---|
|||Note||F||f.|
|FIXEDASSETS|||||||
|Intangible
assets||11||7,813|||
|Tangible assets||12||67,502||82,527|
|||||75,315||82,527|
|CURRENT ASSETS|||||||
|Stocks||14|29,988||||
|Debtors||15|71,359||84,341||
|Cash at bank and|in hand||1,639,208||1,344,797||
||||1,740,555||1,429,138||
|Creditors: amounts|falling due within one||||||
|year||16|(635,411)||(613,583)||
|NET CURRENT ASSETS||||1,105,144||815,555|
|TOTAL ASSETS|LESSCURRENT||||||
|LIABILITIES||||1,180,459||898,082|
|Creditors: amounts|falling due after more||||||
|than one year||17||(9,351)||(22,796)|
|TOTAL NET ASSETS||||1,171,108||875,286|
|CHARITY FUNDS|||||||
|Restricted
funds||18||54,546||44,179|
|Unrestricted
funds||18||1,116,562||831,107|
|TOTAL FUNDS||||1,171,108||875,286|
##
|||Note||2020f||2019f|
|---|---|---|---|---|---|---|
|FIXEDASSETS|||||||
|Tangible assets||12||66,377||82,527|
|Investments||13||1,000|||
|||||67,377||82,527|
|CURRENT ASSETS|||||||
|Debtors||15|129,352||84,341||
|Cash at bank and|in hand||1,587,801||1,344,797||
||||1,717,153||1,429,138||
|Creditors: amounts|falling due within one||||||
|year||16|(600,197)||(613,583)||
|NET CURRENT ASSETS||||1,116,956||815,555|
|TOTAL ASSETS|LESS CURRENT||||||
|LIABILITIES||||1,184,333||898,082|
|Creditors: amounts|falling due after more||||||
|than one year||17||(9,351)||(22,796)|
|TOTAL NET ASSETS||||1,174,982||875,286|
|CHARITY FUNDS|||||||
|Restricted
funds||18||54,546||44,179|
|Unrestricted
funds||18||1,120,436||831,107|
|TOTAL FUNDS||||1,174,982||875,286|
##
|||2020|2019|
|---|---|---|---|
|CASH FLOWS FROM OPERATING ACTIVITIES||||
|Net cash used
in operating
activities||313,927|(564,563)|
|CASH FLOWS FROM INVESTING ACTIVITIES||||
|Dividends,
interests
and rents from investments||2,744|7,004|
|Purchase
offixed assets||(22,260)|(38,084)|
|NET CASH USED IN INVESTING ACTIVITIES||(19,516)|(31,080)|
|CHANGE
IN CASH AND CASH EQUIVALENTS|IN THE YEAR|294,411|(595,643)|
|Cash and cash equivalents
at the beginning
ofthe year||1,344,797|1,940,440|
|CASH AND CASH EQUIVALENTS AT THE END|OF THE YEAR|1,639,208|1,344,797|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|
||funds|funds|funds|funds|
||2020|2020
F|2020f|2019|
|Donations|52,423|13,941|66,364|113,209|
|Legacies|6,116||6,116|65,000|
||58,539|13,941|72,480|178,209|
|TOTAL 2019|130,449|47,760|178,209||
##
##
##
|||Unrestricted|Total|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2020f|2020|2019
E|
|Grants||1,000|1,000||
|Membership|subscriptions|1,259,539|1,259,539|1,225,993|
|TOTAL 2020||1,260,539|1,260,539|1,225,993|
|||||||Unrestricted|Total|Total|
|---|---|---|---|---|---|---|---|---|
|||||||funds|funds|funds|
|||||||2020f|2020|2019|
|Friends|ofWestonbirt|Arboretum||Enterprises||239,705|239,705||
|Letting|fees and commission||relating||to the Great Oak Hall|6,098|6,098|21,817|
|||||||245,803|245,803|21,817|
|Unrestricted|Total|Total|
|---|---|---|
|funds|funds|funds|
|2020|2020|2019|
|2,744|2,744|7,004|
##
##
##
||||||Unrestricted|Total|Total|
|---|---|---|---|---|---|---|---|
||||||funds|funds|funds|
||||||2020|2020|2019|
||||||||E|
|Other Unrestricted||Government||Grants|27,000|27,000||
|Coronavirus|Job|Retention|Scheme grant income||27,963|27,963||
||||||54,963|54,963||
##
##
##
|||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|
|||||funds|funds|funds|funds|
|||||2020|2020|2020|2019|
|||||f,||||
|Friends of|Westonbirt|Arboretum|Enterprises|||||
|Limited||||186,570||186,570||
|Purchases|for events|||460||460|4,177|
|The Great|Oak Hall expenses|||180||180|9,894|
|Donated facilities - The Great Oak Hall||||5,625||5,625|5,625|
|Fundraising|and Trading Staff Costs|||119,692||119,692|32,186|
|||||312,527||312,527|51,882|
|TOTAL 2019||||51,839|43|51,882||
##
|||||Activities||||
|---|---|---|---|---|---|---|---|
|||||undertaken|Support|Total|Total|
|||||directly|costs|funds|funds|
|||||2020|2020|2020|2019|
|Direct and|support costs|||581,850|446,330|1,028,180|1,972,367|
|TOTAL 2019||||1,599,130|373,237|1,972,367||
|Analysis ofdirect costs||||||||
||||||Activities|||
||||||undertaken|Total|Total|
||||||directly|funds|funds|
||||||2020|2020f|2019
F|
|Arboretum|access rights||||481,863|481,863|551,151|
|Grant Expenditure|||||15,583|15,583|202,960|
|Arboretum|Development||Fund expenditure|(Silk Wood||||
|House)|||||||750,000|
|Membership|Activities||||29,695|29,695|38,959|
|Westonbirt|magazine|costs|||49,084|49,084|50,435|
|Donated facilities - The Great Oak Hall|||||5,625|5,625|5,625|
||||||581,850|581,850|1,599,130|
##
##
|||||||||Supporting|Total|Total|
|---|---|---|---|---|---|---|---|---|---|---|
|||||||||Activities|funds|funds|
|||||||||2020|2020f|2019|
||Staff costs|||||||295,080|295,080|252,659|
||Depreciation|||||||27,403|27,403|15,101|
||Other staff expenditure|||||||1,015|1,015|2,593|
||Staff recruitment|||and|development|||10,314|10,314|6,548|
||Governance|||||||18,179|18,179|19,423|
||Telephone|||||||557|557|611|
||Rates|||||||1,321|1 321|1,128|
||Utilities|||||||2,374|2,374|3,399|
||Insurance|||||||8,269|8,269|7,960|
||Printing,
post and|||stationary||||1,267|1,267|1,703|
||General maintenance|||||||2,978|2,978|3,863|
||Information|technology||||||62,362|62,362|39,362|
||Marketing|||||||302|302|2,102|
||Miscellaneous||expenses|||||6,960|6,960|6,363|
||Bank charges|||||||87|87|115|
||Accounting|services||||||7,862|7,862|10,307|
|||||||||446,330|446,330|373,237|
|9.|STAFF COSTS||||||||||
||||||||Group|Group|Company|Company|
||||||||2020|2019f|2020|2019f|
||Wages and|salaries|||||372,114|239,975|285,645|239,975|
||Social security||costs||||15,755|20,667|15,755|20,667|
||Contribution|to|defined||contribution|pension|||||
||schemes||||||26,903|24,203|26,903|24,203|
||||||||414,772|284,845|328,303|284,845|
##
##
##
|Group|Group|
|---|---|
|2020|2019|
|No.|No.|
|20||
##
##
|INTANGIBLE ASSETS||
|---|---|
|Group||
||Goodwill|
|COST||
|Additions|9,567|
|At 31 December 2020|9,567|
|AMORTISATION||
|Charge for the year|1,754|
|At 31 December 2020|1,754|
|NET BOOK VALUE||
|At 31 December 2020|7,813|
|At 31 December 2019||
##
##
||Leasehold|Fixtures and|||
|---|---|---|---|---|
||improvements|fittings|ITassets|Total|
|||||f.|
|COST OR VALUATION|||||
|At 1 January 2020|33,518|30,280|135,634|199,432|
|Additions|||12,693|12,693|
|Acquired assets||19,876||19,876|
|At 31 December 2020|33,518|50,156|148,327|232,001|
|DEPRECIATION|||||
|At 1 January 2020|18,204|28,787|69,914|116,905|
|Charge for the year|1,675|994|25,482|28,151|
|Charge for assets acquired||19,443||19,443|
|At 31 December 2020|19,879|49,224|95,396|164,499|
|NET BOOK VALUE|||||
|At 31 December 2020|13,639|932|52,931|67,502|
|At 31 December 2019|15,314|1,493|65,720|82,527|
##
##
##
##
||Leasehold|Fixtures and|Computer||
|---|---|---|---|---|
||improvements|fittings|equipment|Total|
|||||f.|
|COST OR VALUATION|||||
|At 1 January 2020|33,518|30,280|135,634|199,432|
|Additions|||11,253|11,253|
|At 31 December 2020|33,518|30,280|146,887|210,685|
|DEPRECIATION|||||
|At 1 January 2020|18,204|28,787|69,914|116,905|
|Charge for the year|1,675|686|25,042|27,403|
|At 31 December 2020|19,879|29,473|94,956|144,308|
|NET BOOK VALUE|||||
|At 31 December 2020|13,639|807|51,931|66,377|
|At 31 December 2019|15,314|1,493|65,720|82,527|
||Investments
in|
|---|---|
||subsidiary|
||companies|
|Charity||
|COST OR VALUATION||
|Additions|1,000|
|AT 31 DECEMBER 2020|1,000|
|NET BOOK VALUE||
|AT 31 DECEMBER 2020|1,000|
##
|Name|||Company|Registered|Registered|office|or principal|Principal activity|
|---|---|---|---|---|---|---|---|---|
||||number|place of|business||||
|Friends ofWestonbirt||Arboretum|12410907|The Great||Oak Hall, Westonbirt,||Other retail sale of|
|Enterprises|Limited|||The National
Arboretum,||||new goods in|
|||||Tetbury,||Gloucestershire,||specialised stores|
|||||United|Kingdom,||GLS 8QS||
|Class of|Holding|Included|in||||||
|shares||consolidation|||||||
|Ordinary|100% Yes||||||||
|The financial|results o|fthe subsidiary
fo|r the year were:||||
|---|---|---|---|---|---|---|
|Name|||Income|Expenditure|Profit/(Loss)|Net|
||||||for the year|liabilities|
|Friends ofWestonbirt||Arboretum|285,668|(289,542)|(3,874)|(2,874)|
|Enterprises|Limited||||||
##
|14.|STOCKS|||
|---|---|---|---|
|||Group|Group|
|||2020f|2019
F|
||Finished goods and goods for resale|29,988||
|15.|DEBTORS|||
|||Group|Group|Company|Company|
|---|---|---|---|---|---|
|||2020|2019|2020|2019|
||||F|||
|DUE WITHIN|ONE YEAR|||||
|Trade debtors||2,120|9,938|2,120|9,938|
|Amounts
owed by group undertakings||||58,512||
|Prepayments|and accrued income|69,239|74,403|68,720|74,403|
|||71,359|84,341|129,352|84,341|
##
##
##
|||||||||Group|Group|Company|Company|
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||2020f|2019
F|2020|2019f|
|Trade creditors||||||||17,076|33,365|11,443|33,365|
|Other taxation||and||social||security||38,003|22,886|31,969|22,886|
|Accruals|and deferred||||income|||580,332|557,332|556,7&5|557,332|
|||||||||635,411|613,583|600,197|613,583|
|||||||||Group|Group|Company|Company|
|||||||||2020f|2019
F|2020|2019|
|Deferred|income at|||1 January||||476,702|439,528|476,702|439,528|
|Resources deferred||||during||the year||539,874|476,702|539,&74|476,702|
|Amounts|released||from previous||||periods|(476,702)|(439,528)|(476,702)|(439,528)|
|||||||||539,874|476,702|539,874|476,702|
##
|||Group|Group|Company|Company|
|---|---|---|---|---|---|
|||2020|2019|2020|2019|
|||f.|E|||
|Deferred|income|9,351|22,796|9,351|22,796|
##
##
|STATEMENT OF FUNDS|- CU|RRENT YEAR|||||
|---|---|---|---|---|---|---|
|||||||Balance at|
|||Balance at 1||||31|
|||January|||Transfers|December|
|||2020f|Income|Expenditure|in/outf|2020|
|UNRESTRICTED FUNDS|||||||
|DESIGNATED FUNDS|||||||
|Arboretum
Development|Fund|472,351|||143,287|615,638|
|Wood Centre||||439|(439)||
|Quarantine
House|||||28,428|28,428|
|Coppice Shelter||9,476||5,000|22,836|37,312|
|Community
Shelter||58,845|16,000||(12,160)|62,685|
|Disability Transport||3,740||(3,680)|(60)||
|Student Arborist
Fund||1,695||(16,103)|14,408||
|Westonbirt
Signage Project|||830|1,233|1,335|3,398|
|Westonbirt
Car Park Project|||||47,975|47,975|
|||546,107|16,830|(13,111)|245,610|795,436|
|GENERAL FUNDS|||||||
|General
Funds||285,000|1,320,090|(1,034,480)|(245,610)|325,000|
|Friends ofWestonbirt|||||||
|Arboretum
Enterprises|||285,66&|(289,542)||(3,874)|
|||285,000|1,605,758|(1,324,022)|(245,610)|321,126|
|TOTAL UNRESTRICTED|||||||
|FUNDS||831,107|1,622,588|(1,337,133)||1,116,562|
|RESTRICTED FUNDS|||||||
|Community
Shelter||16,662|12,241|(1,994)||26,909|
|Quarantine
House||24,829|1,700|||26,529|
|Coppice Shelter||2,6&8||(1,580)||1,108|
|||44,179|13,941|(3,5?4)||54,546|
|TOTAL OF FUNDS||875,286|1,636,529|(1,340,707)||1,171,108|
##
|||||||Balance at|
|---|---|---|---|---|---|---|
|||Balance at||||31|
|||1 January|||Transfers|December|
|||2019|income|Expenditure|in/out|2019|
||||||F||
|UNRESTRICTED FUNDS|||||||
|DESIGNATED FUNDS|||||||
|Arboretum
Development|Fund|1,187,686||(750,000)|34,665|472,351|
|Westonbirt
Project Fund|||34,071|(71,928)|37,857||
|The Wood Centre|||529|(87,704)|87,175||
|Community
Shelter|||||58,845|58,845|
|Disability Transport|||||3,740|3,740|
|Student
Arborist
Fund|||1,481|(8,833)|9,047|1,695|
|Coppice Shelter|||||9,476|9,476|
|Shuttle Bus||||(8,280)|8,280||
|||1,187,686|36,081|(926,745)|249,085|546,107|
|GENERAL FUNDS|||||||
|General
Funds||260,000|1,349,182|(1,080,261)|(243,921)|285,000|
|TOTAL UNRESTRICTED|||||||
|FUNDS||1,447,686|1,385,263|(2,007,006)|5,164|831,107|
|RESTRICTED FUNDS|||||||
|Student Arborists
Fund||5,164|||(5,164)||
|Disability Transport|||6,200|(6,200)|||
|Community
Shelter||12,162|10,500|(6,000)||16,662|
|Coppice Shelter|||7,688|(5,000)||2,688|
|Quarantine
House||1,500|23,372|(43)||24,829|
|||18,826|47,760|(17,243)|(5,164)|44,179|
|TOTAL OF FUNDS||1,466,512|1,433,023|(2,024,249)||875,286|
##
##
##
##
##
##
##
##
##
##
##
|ANALYS|IS OF NET ASSETS BETWEEN FUND|S - CURRENT PERIOD|||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total|
|||funds|funds|funds|
|||2020f|2020f|2020f|
|Tangible|fixed assets|67,502||67,502|
|Intangible|fixed assets|7,813||7,813|
|Current assets||1,686,009|54,546|1,740,555|
|Creditors|due within one year|(635,411)||(635,411)|
|Creditors|due in more than one year|(9,351)||(9,351)|
|TOTAL||1,116,562|54,546|1,171,108|
##
##
##
|ANALY|SIS O|F NET ASSETS BETWEEN FUNDS|- PRIOR PERIOD|||
|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|
||||funds|funds|funds|
||||2019|2019|2019|
|Tangible|fixed|assets|82,527||82,527|
|Current|assets||1,384,959|44,179|1,429,138|
|Creditors|due|within one year|(613,583)||(613,583)|
|Creditors|due|in more than one year|(22,796)||(22,796)|
||||831,107|44,179|875,286|
##
||RECONCILIATION|OF NET MOVEMENT|OF NET MOVEMENT|OF NET MOVEMENT|IN|FUNDS TO NET|FUNDS TO NET|CASH FLOW|FROM OPERATING|FROM OPERATING|
|---|---|---|---|---|---|---|---|---|---|---|
|20.|ACTIVITIES||||||||||
||||||||||Group|Group|
||||||||||2020|2019|
|||||||||||f.|
||Net
income/expenditure||for the|period|(as|per|Statement|of Financial|||
||Activities)||||||||295,822|(591,226)|
||ADJUSTMENTS FOR:||||||||||
||Depreciation
charges||||||||47,594|15,101|
||Amortisation
charges||||||||1,754||
||Interest Received||||||||(2,744)|(7,004)|
||Decrease/(increase)|in stocks|||||||(29,988)||
||Decrease/(increase)|in debtors|||||||12,982|(34,516)|
||Increase
in creditors||||||||8,383|53,082|
||Acquisition
offixed|assets|||||||(19,876)||
||NET CASH PROVIDED BY/(USED|||IN) OPERATING|||ACTIVITIES||313,927|(564,563)|
##
##
##
|||||Group|Group|
|---|---|---|---|---|---|
|||||2020|2019|
|Cash in hand||||643,583|602,194|
|Notice deposits (less than||3 months)||995,625|742,603|
|TOTAL CASH AND CASH||EQUIVALENTS||1,639,208|1,344,797|
|ANALYSIS OF CHANGES||IN NET FUNDS||||
||||At 1||At 31|
||||January||December|
||||2020|Cash flows|2020f|
||||E|||
|Cash at bank and|in hand||1,344,797|294,411|1,639,208|
||||1,344,797|294,411|1,639,208|
##
##
##
##
##
##