2020-12-31-accounts

CONTENTS	CONTENTS
1.	Legal and Administrative
2.	Report ofthe Trustees
	Independent examiner's	report
4.	Statement of Financial	Activities
5.	Balance Sheet
6.	Notes tothe Accounts

Charity name	Waddesdon Hall (the	"charity")
Charity number	300343
Registered office	Estate Yard Office
	Queen Street
	Waddesdon
	Buckinghamshire
	HP18 OJW
Trustees	Garth Clark
	SJPTrust Corporation	Limited
Bankers	Nat West Bank PLC
	22 Market Square
	Ayles bury HP201'

TATEMENT OF FINANCIAL	ACTIVITIES FO	R THE Y	EAR ENDED 31	DECEMBER 2020
			Restricted	Unrestricted	2020	2019
		Note	Fund	Fund	Total	Total
				E	E	E
Income
Donations and legacies			32,843	17,905	50,748	55,008
Charitable activities				19,120	19,120	23,345
Income from investments				358	358	592
Total income			32,843	37,383	70,226	78,945
Expenditure
Charitable activities			(24,229)	(51,429)	{75,658)	(104,980)
Total expenditure			{24,229)	(51,429)	(75,658)	(104,980)
Net gains/(losses) on investments				743	743	1,986
Net (expenditure)/income	for the year		8,614	(13,303)	{4,689)	(24,049)
Net movement in funds for the year
Total funds brought forward		16	(5,334)	26,492	21,158	45,207
Total funds carried forward			3,280	13,189	16,469	21,158

As at 31December	20	20
			Notes	2020	2019
				f	f
Fixed assets
Tangible fixed assets			1O	7,971	8,250
Socia I investment				12,357	11,614
				20,328	19,864
Current assets
Stock				570	1,310
Debtors				5,674	3,523
Cash at bank and in	hand			13,831	10,251
Total current assets				20,075	15,084
Current liabilities
Creditors: amounts	falling due within one year		14	(3,934)	(13,790)
Net current assets				16,141	1,294
Creditors: amounts	falling due after more		15
than one year				(20,000)
Total net assets				16,469	21,158
Capital and reserves
Unrestricted Revenue		Reserve	16	832	14,878
Restricted Revenue	Reserve		16	3,280	(5,334)
Endowment Reserve			16
investment Revaluation		Reserve	16	12,357	11,614
				16,469	21,158
The notes on pages 9	to	14form part ofthese accounts.

3.	Donations and legacies
			2020	2019
			f	f
	Grants {non COVID recovery)		32,843	54,898
	COVID recovery grants		17,835
	Fundraising		70	110
			50,748	55,008
4.	Charitable activities
			2020	2019
			f	f
	Lettings income		19,078	23,307
	Book royalties		38
	Lottery ticket sales commission			38
			19,120	23,345
5.	Income from investments
			2020	2019
			f
	Dividends		356	561
	Interest received		2	31
			358
6.	Net income / (expenditure)	for the year
			2020	2019
	This is stated after charging:		f
	Independent examination	fees	989	960
	Depreciation		2,048	1,049

7.	Expenditure	on charitab	le activities
				Restricted	Unrest:ricted	Total Funds	Total Funds
				Funds	Funds	2020	2019
				f	f	f	f
	Staff costs				3,998	3,998	5,443
	Consultancy	Fees			10,156	10,156	13,167
	Party Decorations				75	75	831
	Electricity				(103)	(103)	1,858
	Gas				5,224	5.224	5,158
	Waste disposal				990	990	1,337
	Water and sewerage charges				1,182	1.182	475
	Phone line and internet				640	640	411
	Insurance				990	990	1,329
	Property repairs and maintenance			22,229	18,706	40,935	61,301
	Repairs and	renewals			1,219	1,219	1,447
	Cleaning materials				1,262	1,262	1,075
	Sundry expenses				1,193	1,193	500
	Accountancy	and audit	fees	1,000	989	1,989	1,960
	Performing	Rights Society			662	662	753
	Fundraising	expenses					50
	Postage and	stationery					7
	Advertising						417
	ITcosts				170	170	378
	Bar purchase	and staffing			2,002	2,002	3,111
	Paypal charges				26	26	553
	Legal and professional		costs	1,000		1,000	2,380
	Depreciation				2,048	2,048	1,049
				24,229	51,429	75,65&	104,980
8.	Employees
						2020	2019
						f	f
	Wages					3,988	5,433
	Other costs	and pension costs
						3,988	5,433

No remuneration or expenses have been paid to trustees in the Tangible Fixed Assets	year (2019:fnil)
	Property,
	plant and
	equipment
	f
Cost
At 1 January 2020	19,366
Additions	1,769
At 31December 2020	21,135
Depreciation
At 1January 2020	11,116
Charge in year	2,048
At 31December 2020	13,164
Net book value at 31December 2020	7,971
Net book value at 31December 2019	8,250

			2020	2019
			f
Market value at 31December 2019			11,614	15,406
Investment	gains/(losses)	for the year	743	1,986
Sales proceeds on disposal				(5,778)
Market value at 31December 2020			12,357	11,614
tock
			2020	2019
			f	f
Barstock			570	1,310

NOT	ES TO THE ACCO	UNT	S (c	ontinued)
13.	Debtors
					2020	2019
					E	E
	Prepayments	and	accrued income		2,440	1,089
	Other debtors				3,234	2,434
					5,674	3,523
14.	Creditors: amounts		falling due within one year
					2020	2019
					f	f
	Other creditors				(389)	7,582
	Accruals and deferred			income	4,323	6,208
					3,934	13,790
15.	Creditors: amounts		falling due after more than one year
					2020	2019
					E	E
	Refurbishment	loan			20,000

Capital and reserves
						2020	2019
						f	E
Revenue reserve
At 1January 2020						9,544	19,801
Unrestricted (deficit)/surplus		for the	year		(14,046)		(20,701)
Transfer from Endowment	reserve						10,000
Transfer from investment	revaluation		reserve				5,778
Restricted (deficit)/surplus	for the year					8,614	(5,334)
At 31December 2020						4,112	9,544
Analysis:
Unrestricted revenue reserve						832	14,878
Restricted revenue reserve						3,280	(5,334)
At 31December 2020						4,112	9,554
The restricted reserves at	31	December 2019were 'negative'		at f(5,334)due to		the timing
differences between refurbishment			work carried out and grant funding		received.

					2020	2019
					E	f
Endowment	reserve
At 1January 2020						10,000
Endowment	funds realized		during the year and transferred	to revenue
reserve						(10,000)
At 31December 2020
Investment	Revaluation	reserve
At 1January	2020				11,614	15,406
Increase in	market value	during the year			743	1,986
Market value ofinvestments			disposed ofduring the year and	transferred
to revenue	reserves					(5,778)
At 31December 2020					12,357	11,614
Total Capital and Reserves					16,469	21,158