2021-12-31-accounts

Index
Trustees' Annual Report		Page 1-2
Independent Examiner's	Report	3
Statement ofFinancial Activities		4
Balance Sheet		5
Notes to the Accounts		6-10

for the year ended 3	1Dece	mber 2021
				2021	2020
				Unrestricted	Unrestricted
				Funds	Funds
			Note		f
Income ScExpenditure
Incoming Resources
Operation ofMill —entry	fees			287	248
Activities for generating	funds:
Commercial trading operations				150	748
Other activities				6,163	3,120
Donations and grants				36005	31339
Total Income				43405	35 455
Resources expended
Cost ofgenerating fends:
Merchandising costs
Charitable Expenditure:
Costs ofactivities in furtherance		ofthe charity's objects:
Maintaining the Mill and its equipment				26,466	14,961
Management and administration				0 973	8 832
				35 439	23 793
Total Resources Expended				30439	23 793
Net Income for the year				8,046	11,662
Fund balances brought forward				36 630	24 968
Fund balances carried forward				~4676	36630

year ended 31December	year ended 31December	2021
Total Resources Expended
				2021		2020
Purchase ofstock for resale				282		230
Maintenance				11,986		2,896
Light, Heat and Water				7,942		6,351
Independent examiners	fee			973		960
Depreciation				1,979		2,425
Advertising and promotions				2 5i90		2,371
Postage and stationery				713		296
Insurance				8,000		7,872
Other expenditure				974		392
				35 439	5	23 793
Net Income for the year
				2021		2020
Net Income for the year	is stated after charging:-
Depreciation			5	1979	5	2425
Tangible Fixed Assets
				2021		2020
Freehold Land and Buildings		at valuation:
The Mill				1,500,000		1,500,000
Mill Cottages				150,000		150,000
				f1,650,000		K1,650,000
The original cost ofThe Mill was f18443 and Mill Cottages 5105,500
Plant and Machinery
Cost
At 1 January 2021				39,545		39,545
Additions in year
At 31December 2021				f39,545		f39,545
Depreciation
At I January 2021				34,875		32,450
Provided for year				1,979		2,425
At 31December 2021				836,854		534,875
Net Book Values at 31December 2021				%2,691		64,670

					2021	2020
Investment in	Crabble Corn Mill Trading Limited
Representing	I ordinary	share ofXl
A summary ofits results		are shown below
Profit k Loss	Account
Turnover Cost ofsales					8,492 (4,315)	3,342 (2,396)
Gross profit					4,117	946
Administrative	expenses				(2,191)	(3,117)
Operatmg profit/(loss)					1,986	(2,171)
Profit/cross) before taxation					1,986	(2,171)
Tax
Profit/(loss) for the fmancial			year		1,986	(2,171)
Balance Sheet
Fixed assets					507	526
Current assets					2,751	738
Current liabilities					(2,288)	(2,280)
					970	(1,016)
Capital and Reserves
Share capital					I	I
Profit and loss	account				969	(1,017)
					970	(1,016)
Endowment Funds
The permanent	endowment		fund, which represents	the heritage assets ofthe company,	comprises the	following:
					2021	2020
The Crabble Corn Mill
Original Cost					18/43	18,243
Revaluation					1,481,757	1,481,757
					1,500,000	1,500,000
Mill Cottages
Original Cost					105,500	105,500
Revaluation					44,500	44,500
					150,000	150,000

Permanent	Endowment	Fund	81,650,000	f1,650,000
Summary
Original Cost			123,743	123,743
Revaluation			1,526457	1,526,257
			$1,650,000	$1,650,000

Analysis	ofnet assets between	funds
			General	Designated	Endowment
			Fund	Fund	F'und	Total
Tangible	fixed assets		2,691		1,650,000	1,652,691
Investments			I			I
Current	assets		37,468	6,871		44,339
Current	liabilities		(2,355)			(2,355)
			f37,805	X6,871	RI,650,000	K1,694,676