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||||Reference and Administrative|Reference and Administrative|Reference and Administrative|Reference and Administrative|Details|Details||||
|---|---|---|---|---|---|---|---|---|---|---|---|
||||for the Year Ended 31||March 2021|||||||
|Conservators|||Mr0 Bennett MBE —appointed||||by DEFRA||January 2021|||
||||Mrs S Bucknall —elected||April 2021|||||||
||||Mr D Hince —elected April|||2018; re-elected|||April 2021|||
||||Mr P Hirsch —elected April 2018;re-elected||||||April 2021|||
||||Mr Michael Johnston —elected||||April 2021|||||
||||Mrs D Neil Mills (Chairman) —elected|||||April 2018; re-elected|||April 2021|
||||Mr M Rappolt —appointed|||by Ministry||of Defence May 2017;||||
||||re-appointed
May '2020
Mr N Ware —appointed|by Home Office March 2018;||||||||
||||re-appointed
March 2021|||||||||
|Retiring Conservators|||Mrs SGillbe —elected April 2015;re-elected||||||April|2018||
||||Mrs S-J Holden —elected|||April|2018|||||
||||Dr R Taylor —appointed||by DEFRA April 2013; re-appointed||||||April 2017|
|Chief Executive|||Mr SLcc(to Dcccmbcr|2020)||||||||
||||Mr S Bound (acting from||January 2021;appointed|||||from June|2021)|
|Principal Address|||Ranger's
Office|||||||||
||||Manor Cottage|||||||||
||||Windmill
Road|||||||||
||||Wimbledon|||||||||
||||London|||||||||
||||SW195NR|||||||||
|Registered|Charity|Number|303167|||||||||
|Independent|Auditors||Kreston Reeves LLP|||||||||
||||Chartered
Accountants|and Statutory||||Auditor||||
||||9 Donnington
Park|||||||||
||||85 Birdham
Road|||||||||
||||Chichester|||||||||
||||West Sussex|||||||||
||||PO20 7AJ|||||||||
|Solicitors|||Russell Cooke LLP|||||||||
||||2 Putney
Hill|||||||||
||||London|||||||||
||||SW156AB|||||||||
|Bankers|||Barclays Bank pic|||||||||
||||8 Alexandra
Road|||||||||
||||Wimbledon|||||||||
||||London|||||||||
||||SW197JZ|||||||||
||||Page 2|||||||||
##
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|||||||||Page|
|---|---|---|---|---|---|---|---|---|
|Reference and|administrative
details||of|the charity, its||trustees and advisers||2|
|Conservators'|report|||||||4-30|
|Independent
auditors'||report||||||31-34|
|Statement offinancial||activities||||||35|
|Balance sheet|||||||||
|Statement ofcash flows||||||||37|
|Notes to the financial||statements||||||38-60|
|The foiioaring|abbreviations
are used||in|this document|||||
|WPCC or Charity||The Wimbledon|and Putney Commons||||Conservators||
|1871Act||Wimbledon
and|Putney Commons|||Act|1871||
|Board||The Board ofConservators|||ofWPCC||||
|NLHF||National
Lottery|Heritage||Fund||||
|LGPS||Local Government||Pension Scheme|||||
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|he defined benefit pension scheme;
the charity.|these add|itional
charges do not|ofthemselv|es
result
in a cas|h outflow|
|---|---|---|---|---|---|
|||Year ended|31March|2021|2020|
|||Unrestricted
Restncted||Total|Total|
|||funds|funds|funds|funds|
|Total income||1,761,020|110,941|1,871,961|1,874,034|
|Total expenditure
before additional|charges|||||
|in respect ofdefined
benefit
pension schemes||(2,030,192)|(126,125)|(2,156,317)|(1,814,465)|
|Net expenditure
before additional|charges|||||
|in respect ofdefined
benefit pension||(269,172)|(15,184)|(284,356)|59,569|
|scheme||||||
|Additional
charges
in respect ofdefined||||||
|benefit pension scheme||(299,000)||(299,000)|(348,000)|
|Net expenditure
before. investment|gains|(568,172)|(15,184)|(583,356)|(288,431)|
|Net gain/(loss)
on investments||279,616||279,616|(88,706)|
|Net expenditure
before other gains
losses|and|(288,556)|(15,184)|(303,740)|(377,137)|
|Transfer between
funds||(25,000)|25,000|||
|Actuanal
gain/(loss)
on defined
benefit||||||
|pension scheme||(25,000)||(25,000)|528,000|
|Net movement
in funds for the year||(338,556)|9,816|(328,740)|150,863|
|Total funds brought
forward||484,183|61,569|545,752|394,889|
|Total funds carried forward||145,627|71,385|217,012|545,752|
|Comprising:||||||
|Negative
pension
reserve||(2,857,000)||(2,857,000)|(2,533,000)|
|Other reserves||3,002,627|71,385|3,074,012|3,078,752|
|Total funds||145,627|71,385|217,012|545,752|
|||Page 19||||
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|a.|Provision
ofworking
capital to cover day to day|Provision
ofworking
capital to cover day to day|Provision
ofworking
capital to cover day to day||6450,000—|
|---|---|---|---|---|---|
||fluctuations|in income and expenditure|and meet,|in the|6500,000|
||short term,|either unexpected
expenses or income||||
||s ho rtfa lie|||||
|b.|Allowance|for potential
impact of CQVID-19 ifthe|||675,000-|
||movement|and distancing
restrictions|were re-introduced||6150,000|
||in autumn/winter
of2021/22|||||
|c.|Renovation|works to estate buildings|||8275,000-|
||||||2325,000|
|d.|Costs associated
with changes to the||constitutional||285,000-|
||arrangements
(Note: The figures are||subject to rewsion||F100,000|
||pending
clarification
from the Chanty||Commission|||
||regarding|scope of its powers to effect constitutional||||
||reform for|chanties
in general)||||
##
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##
|||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|
|||funds|funds|funds|funds|
|||2021|2021|2021|2020|
||Note|8|8|8||
|Income from:||||||
|Donations
and legacies|3|100,659|4,906|105,565|98,139|
|Charitable
activities|4|1,612,511|106,035|1,718,546|1,726,357|
|Investments|5|47,850||47,850|49,538|
|Total income||1,761,020|110,941|1,871,961|1,874,034|
|Expenditure
on:||||||
|Charitable
activities|6|2,329,192|126,125|2,455,317|2,162,465|
|Total expenditure||2,329,192|126,125|2,455,317|2,162,465|
|Net expenditure
before net||||||
|gains/(losses)
on investments||(568,172)|(15,184)|(583,356)|(288,431)|
|Net gains/(losses)
on investments||279,616||279,616|(88,706)|
|Net expenditure||(288,556)|(15,184)|(303,740)|(377,137)|
|Transfers
between
funds|19|(25,000)|25,000|||
|Net movement
in funds before other||||||
|recognised
gains/(losses)||(313,556)|9,816|(303,740)|(377,137)|
|Other recognised gains/(losses):||||||
|Actuarial gains/(losses)
on defined||||||
|benefit pension scheme||(25,000)||(25,000)|528 000|
|Net movement
in funds||(338,556)|9,816|(328,740)|150,863|
|Reconciliation
offunds:||||||
|Total funds brought
forward||484,183|61,569|545,752|394,889|
|Net movement
in funds||(338,556)|9,816|(328,740)|150,863|
|Total funds carried forward||145,627|71,385|217,012|545,752|
##
##
|||||Note||2021f||2020|
|---|---|---|---|---|---|---|---|---|
|Fixed assets|||||||||
|,Tangible assets||||10||1,275,084||1 347 703|
|Heritage assets||||11||151,800||151,800|
|Investments||||12||1,630,356||1,350,740|
|||||||3,057,240||2,850,243|
|Current assets|||||||||
|Stocks||||13|||85||
|Debtors||||14|228,987||148,957||
|Cash at bank and in hand|||||181,131||332,129||
||||||410,118||481,181||
|Creditors
amounts|falling due within one||||||||
|year||||15|(303,496)||(154,011)||
|Net current assets||||||106,622||327,170|
|Total assets less current liabilities||||||3,163,862||3,177,413|
|Creditors: amounts|falling due after more||||||||
|than one year||||16||(19,460)||(22,973)|
|Provisions
for liabilities||||18||(70,390)||(75,688)|
|Net assets excluding||pension|liability|||3,074,012||3,078,752|
|Defined
benefit pension||scheme|liability|24||(2,857,000)||(2,533,000)|
|Total net assets||||||217,012||545,752|
|Charity funds|||||||||
|Restricted
funds||||19||71,385||61,569|
|Unrestricted
funds||||19||145,627||484,183|
|Totalfunds||||||217,012||545,752|
##
|||||Note|2021f|2020|
|---|---|---|---|---|---|---|
|Cash flows from operating
activities|||||||
|Net cash|provided/(used)
by operating|activities||21|(185,368)|39,895|
|Cash flows from investing
activities|||||||
|Dividends,|interests and rents from investments||||47,850|49,538|
|Proceeds|from the sale oftangible
fixed assets|||||8,882|
|Purchase|oftangible
fixed assets||||(7,995)|(153,474)|
|Proceeds|from sale ofinvestments|||||1,663,689|
|Purchase|of investments|||||(1,563,689)|
|Net cash|provided
by investing
activities||||39,855|4,946|
|Cash flows from financing
activities|||||||
|Repayments
of borrowing|||||(5,485)|(5,485)|
|Net cash|used in financing
activities||||(5,485)|(5,485)|
|Change
in cash and cash equivalents||in|the year||(150,998)|39,356|
|Cash and|cash equivalents
at the beginning||ofthe year||332,129|292,773|
|Cash and|cash equivalents
at the end of||the year|22|181,131|332,129|
|The notes|on pages 36to 60form part|ofthese financial statements|||||
##
##
##
##
##
##
##
##
##
##
##
##
##
|Freehold
buildings||—25-50 years|
|---|---|---|
|Long-term
leasehold
Plant, machinery
and|property
equipment-|- Life oflease
3-10years|
|Fixtures and fittings||—15years|
|Computer
equipment||- 4 years|
##
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##
##
##
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##
##
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##
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##
||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||funds|funds|funds|funds|
||||2021
6|2021f|2021f|2020|
|Donations|||||||
|Golf club contributions|||18,042||18,042|17,569|
|Horseride
appeal||||4,906|4,906|20,408|
|Wildlife memorial|garden|appeal||||6,474|
|Other donations|||82,617||82,617|53,688|
|Total 2021|||100,659|4,906|105,565|98,139|
|Tota
I 2020|||71,257|26,882|98,139||
##
##
##
|||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|
|||||funds|funds|funds|funds|
|||||2021|2021|2021|2020|
|||||6|8|||
|Levy received from councils||||1,247,917||1,247,917|1,218,268|
|Countryside|stewardship||grant|36,677||36,677|13,283|
|Sports facilities||||204,346||204,346|242,573|
|Property
rent and||wayleaves||117,761||117,761|132,665|
|Rent from filming||and fairs||5,750||5,750|32,075|
|Logs and timber||sales||50||50|13,766|
|Publication|sales|||10||10|494|
|NLHF grant|||||46,035|46,035|73,233|
|Beverley Brook path project grant|||||60,000|60,000||
|Total 2021||||1,612,511|106,035|1,718,546|1,726,357|
|Total2020||||1,653,124|73,233|1,726,357||
|Investment|income|||||||
||||||Unrestricted|Total|Total|
||||||funds|funds|funds|
||||||2021|2021|2020|
||||||8|6|E|
|Investment|income||||47,850|47,850|49,538|
|Total 2020|||||49,538|49,538||
##
##
|||Activities||||
|---|---|---|---|---|---|
|||undertaken|Support|Total|Total|
|||directly|costs|funds|funds|
|||2021|2021f|2021|2020
E|
|Chantable|activity|1,515,916|939,401|2,455,317|2,162,465|
|Total 2020||1,357,949|804,516|2,162,465||
##
##
##
|||||Charitable|Total|Total|
|---|---|---|---|---|---|---|
|||||Activities|funds|funds|
|||||2021|2021|2020|
|||||||E|
|Windmill||||8,345|8,345|9,225|
|Keepers||and Commons|security|515,304|515,304|490,629|
|Commons||maintenance||584,947|584,947|424,805|
|Playing|fields maintenance|||220,627|220,627|254,076|
|Property||maintenance|and improvements|186,693|186,693|179,214|
|||||1,515,916|1,515,916|1,357,949|
|Total 2020||||1,357,949|1,357,949||
##
##
||||||Charitable|Total|Total|
|---|---|---|---|---|---|---|---|
||||||Activities|funds|funds|
||||||2021f|2021f|2020f|
|NLHF expenses|||||46,035|46,035|73,233|
|Administration
staff salaries|||||200,586|200,586|109,951|
|Audit and accountancy|||||16,525|16,525|19,247|
|Office expenses|||||8,440|8,440|23,552|
|Insurance|||||52,171|52,171|33,783|
|Utilities and services|||||15,162|15,162|19,188|
|Advertising
and|printing||||14,799|14,799|16,213|
|Computer
and|ITsupport||||24,360|24,360|29,126|
|Events|||||8,085|8,085|17,473|
|Council tax|||||24,543|24,543|24,466|
|Defined benefit|pension|cost in excess ofcontributions||paid|240,000|240,000|285,000|
|Profit on sale of fixed assets|||||||(7,430)|
|Interest cost on|pension|liability|||59,000|59,000|63,000|
|Legal fees|||||132,111|132,111|22,691|
|Professional fees|||||28,414|28,414|53,023|
|Deficit funding
contribution|||to defined benefit pension|scheme|||22,000|
|Bad debts|||||10,920|10,920||
|Election costs|||||58,250|58,250||
||||||939,401|939,401|804,516|
|Total 2020|||||804,516|804,516||
##
##
##
|to the Financial Statements
e Year Ended 31 March 2021
Staff costs|||
|---|---|---|
||2021|2020|
||F.||
|Staff Salaries|||
|Wages and salaries|914,403|863,508|
|Social security costs|96,024|86,520|
|Other pension costs|449,497|444,549|
||1,459,924|1,394,577|
|Chief Executive|||
|---|---|---|
|Chief Operations|Manager||
|Depiity (,lark and|Ranger||
|Administration|||
|Wildlife and Conservation||Officer|
|Security|||
|Maintenance|||
|Playing Fields|||
|Property|||
|2021|2020|
|---|---|
|No.|No.|
|22|23|
|2021|2020|
|---|---|
|No.|No.|
##
##
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##
||||Heritage|
|---|---|---|---|
||||assets|
||||2021|
||||8|
|Carrying|value|at 1 April 2020|151,800|
|Carrying|value|at 31 March 2021|151,800|
##
||Listed|
|---|---|
||investments|
||E|
|Cost or valuation||
|At 1 April 2020|1,350,740|
|Revaluations|279,616|
|At 31 March 2021|1,630,356|
|Net book value||
|At 31 March 2021|1,630,356|
|At 31 March 2020|1,350,740|
##
|Notes|to the Financial Statements|to the Financial Statements|||||
|---|---|---|---|---|---|---|
|For the Year Ended 31 March 2021|||||||
|13.|Stocks||||||
||||||2021|2020|
||Finished goods and goods for resale|||||85|
|14.|Debtors||||||
||||||2021|2020|
||Due within one year||||||
||Trade debtors||||51,803|86,866|
||Other debtors||||40,673|47,033|
||Prepayments
and accrued income||||136,511|15,068|
||||||228,987|148,967|
|15.|Creditors: Amounts|falling due within one year|||||
||||||2021|2020|
||Trade creditors||||210,031|72,397|
||Obligations
under finance lease and hire purchase||contracts||2,201|5,470|
||Other creditors||||49,065|49,063|
||Accruals and deferred|income|||42,199|27,081|
||||||303,496|154,011|
|16.|Creditors: Amounts|falling due after more than|one|year|||
||||||2021|2020|
||Net obligations
under|finance lease and hire purchase||contracts||2,216|
||Accruals and deferred|income|||19,460|20,757|
||||||19,460|22,973|
##
|||||2021|2020|
|---|---|---|---|---|---|
||||||5|
|Deferred|inoome at 1 April 2020|||22,054|33,351|
|Resources deferred||during the year||19,930||
|Amounts|released|from previous|periods|(1,297)|(11,297)|
|Deferred|income at 31 March 2021|||40,687|22,054|
##
||||Provision|
|---|---|---|---|
||||for liabilities|
||||5|
|At 1 April 2020|||75,688|
|Change|in discount|rate|(5,829)|
|Interest|cost charged|to expenditure|531|
||||70,390|
##
##
|||||||||Balance at|
|---|---|---|---|---|---|---|---|---|
||a|caa||||Transfers|Gaii"isl|31 Marcl'i|
||April 2020f||Income
f|Expenditure|f|in/outf|(Losses)f|2021f|
|Unrestricted|||||||||
|funds|||||||||
|Designated|||||||||
|funds|||||||||
|Llection Sinking|||||||||
|Fund||36,672||(58,250)||21,578|||
|General funds|||||||||
|General|||||||||
|Conssniancy|||||||||
|Fun(I||2,980,511|1,761,020|(1,971,942)||(46,578)|279,616|3,002,627|
|Defined Benefit|||||||||
|Pension|(2,533,000)|||(299,000)|||(25,000)|(2,857,000)|
|||447,511|1,761,020|(2,270,942)||(46,578)|254,616|145,627|
|Total|||||||||
|Unrestricted|||||||||
|funds||484,183|1,761,020|(2,329,192)||(25,000)|254,616|145,627|
|Restricted|||||||||
|funds|||||||||
|Windmill|||||||||
|Restoration|||||||||
|Fund||19,558||(90)||||19,468|
|Horsende|||||||||
|Appeal||23,896|4,906|||||28,802|
|Wildlife Garden|||||||||
|Appea
I||18,115||||||18,115|
|NLHF-|||||||||
|Masterplan|||46,035|(46,035)|||||
|Bndge repairs||||||5,000||5,000|
|Beverley Brook|||||||||
|path pro/ect|||60,000|(80,000)||20,000|||
|||61,569|110,941|(126,125)||25,000||71,385|
|Total of funds||545,752|1,871,961|(2,455,317)|||254,616|217,012|
##
|Statemen|t offun|ds - prior year|||||||
|---|---|---|---|---|---|---|---|---|
||||||||Balance at||
|||Balance at|||Transfers|Gains/|31 March||
|||1 April 2019|Income|Expenditure|in/out|(Losses)||2020|
|||6|F|E|F|E||E|
|Unrestricted|||||||||
|funds|||||||||
|Designated|||||||||
|funds|||||||||
|Election|Sinking||||||||
|Fund||18,336|||18,336|||36,672|
|General|funds||||||||
|General|||||||||
|Conservancy|||||||||
|Fund||3,051,735|1,773,919|(1,738,101)|(18,336)|(88,706)|2,980,511||
|Defined Benefit|||||||||
|Pension||(2,713,000)||(348,000)||528,000|(2,533,000)||
|||338,735|1,773,919|(2,086,101)|(18,336)|439,294||447,511|
|Total|||||||||
|Unrestricted|||||||||
|funds||357,071|1,773,919|(2,086,101)||439,294||484,183|
|Restricted|||||||||
|funds|||||||||
|Windmill|||||||||
|Restoration|||||||||
|Fund||20,624||(1,066)||||19,558|
|Footpath|Appeal|1,072||(1,072)|||||
|Horsende|||||||||
|Appeal||3,488|20,408|||||23,896|
|Wildhfe Garden|||||||||
|Appeal||12,634|6,474|(993)||||18,115|
|NLHF-|||||||||
|Masterplan|||73,233|(73,233)|||||
|||37,818|100,115|(76,364)||||61,569|
|Total offunds||394,889|1,874,034|(2,162,465)||439,294||545,752|
##
##
##
|Analysis|of n|et assets between funds - current|year|||
|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|
||||funds|funds|funds|
||||2021
8|2021
6|2021f|
|Tangible|fixed|assets|1,275,084||1,275,084|
|Fixed asset investments|||1,630,356||1,630,356|
|Hentage|assets||151,800||151,800|
|Current assets|||338,733|71,385|410,118|
|Creditors|due|within one year|(303,496)||(303,496)|
|Creditors|due|in more than one year|(19,460)||(19,460)|
|Provisions|for|liabilities and charges|(2,927,390)||(2,927,390)|
|Total|||145,627|71,385|217,012|
##
##
##
|20.|Analysis ofnet assets between funds (conti|Analysis ofnet assets between funds (conti|Analysis ofnet assets between funds (conti|nued)||||
|---|---|---|---|---|---|---|---|
||Analysis of net assets between funds - prior|||year||||
||||||Unrestricted|Restricted|Total|
||||||funds|funds|funds|
||||||2020|2020|2020|
||||||6||6|
||Tangible fixed assets||||1,347,703||1,347,703|
||Fixed asset investments||||1,350,740||1,350,740|
||Heritage assets||||151,800||151,800|
||Current assets||||419,612|61,569|481,181|
||Creditors due within one year||||(154,011)||(154,011)|
||Creditors due in more than one year||||(22,973)||(22,973)|
||Provisions
for liabilities
and charges||||(2,608,688)||(2,608,688)|
||Total||||484,183|61,569|545,752|
|21.|Reconciliation
of net movement
in funds||to|net cash flow from operating||activities||
|||||||2021|2020|
|||||||E||
||Net expenditure
for the year (as per Statement|||of Financial|Activities)|(303,740)|(377,137)|
||Adjustments
for:|||||||
||Depreciation
charges|||||74,785|66,332|
||(Gains)/losses
on investments|||||(279,616)|88,706|
||Dividends,
interests
and rents|from investments||||(47,850)|(49,538)|
||Loss/(profit)
on the sale offixed assets||||||(7,430)|
||Decrease
in stocks|||||85.||
||Increase
in debtors|||||(80,020)|(61,273)|
||Increase
in creditors|||||151,457|31,283|
||Pension
fund adjustments|||||299,000|348,000|
||Interest cost on provision|||||531|952|
||Net cash provided
by/(used|in) operating|activities|||(185,368)|39,895|
##
##
##
|Analy|sis ofcash and cash equivalents|||
|---|---|---|---|
|||2021|2020|
|||8||
|Cash|in hand|181,131|332,129|
|Total|cash and cash equivalents|181,131|332,129|
##
|||At 1 April||Finance|At 31 March|
|---|---|---|---|---|---|
|||2020|Cash flows|leases|2021|
|||8|R|||
|Cash at bank and|in hand|332,129|(145,513)|(5,485)|181,131|
|Finance leases||(7,686)||5,485|(2,201)|
|||324,443|(145,513)||178,930|
##
##
##
|Princip|al
actua|rial
assumptions
at the Balance Sheet d|ate (expressed as weighted
averages)|:|
|---|---|---|---|---|
||||At 31 March|At 31 March|
||||2021|2020|
|Discount rate|||2.00|2.35|
|Future|salary|increases|3.85|2.95|
|Future|pension|increases|2.85|1.95|
||||At 31 March|At 31 March|
||||2021|2020|
||||Years|Years|
|Mortality
rates||(in years)|||
|—for a|male aged 65 now||21.1|21.4|
|-at 65|for a male aged 45 now||22.4|22.8|
|—for a|female|aged 65 now|23.9|24|
|-at 65|for a female aged 45 now||25.3|25.5|
##
##
|The Charity's shar|e ofthe|a|ssets
in the s|cheme was:||||
|---|---|---|---|---|---|---|---|
||||||At|31 March|At 31 March|
|||||||2021
f|2020
F|
|Equities||||||5,770,000|4,101,000|
|Gilts||||||729,000|887,000|
|Property||||||239,000|241,000|
|Cash and other liquid assets||||||341,000|36,000|
|Diversified
growth||||||722,000|627,000|
|Multi asset credit||||||743,000|596,000|
|Infrastructure||||||362,000|425,000|
|Total fair value ofassets||||||8,906,000|6,913,000|
|The actual return|on scheme assets was|||62 088 000|(2020-f(310000)).|||
|The amounts
recognised||in|the Statement|of Financial|Activities are as follows:|||
|||||||2021|2020|
||||||||6|
|Current service cost||||||(363,000)|(340,000)|
|Past service cost||||||(79,000)|(99,000)|
|Interest cost||||||(59,000)|(63,000)|
|Administrative
expenses||||||(8,000)|(7,000)|
|Total amount
recognised|||in the Statement of Financial Activities|||(509,000)|(509,000)|
|Moveme|nts
in th|e p|resen|t value ofthe defined
benefit obligation|were as follows:|
|---|---|---|---|---|---|
||||||2021|
|Opening|defined|benefit||obligation|9,446,000|
|Contributions
by||scheme||participants|61,000|
|Benefits|paid||||(358,000)|
|Service|cost||||363,000|
|Past service costs|||||79,000|
|Interest|expense||||202,000|
|Change|in finanaal||assumptions||2,211,000|
|Change|in demographic|||assumptions|(130,000)|
|Experience loss||on|obligation||(111,000)|
|Closing|defined|benefit||obligation|11,763,000|
##
##
|Movem|ents
in the|fair va|lue ofthe Charity's
share ofscheme assets|were as follows;||
|---|---|---|---|---|---|
||||||2021|
||||||8|
|Opening|fair value|ofscheme assets|||6,913,000|
|Interest|income||||143,000|
|Contributions
by employer|||||210,000|
|Contributions
by scheme|||participants||61,000|
|Return|on assets||||1,945,000|
|Benefits paid|||||(358,000)|
|Administration
expenses|||||(8,000)|
|Closing|fair value|ofscheme assets|||8,906,000|
|||||2021|2020|
|||||6||
|Closing|position|||||
|Defined|benefit obligation|||(11,763,000)|(9,446,000)|
|Scheme assets||||8,906,000|6,913,000|
|Deficit||||(2,857,000)|(2,533,000)|
|||||2021|2020|
|||||6||
|Total actuarial gains on defined benefit pension scheme||||||
|Return|on assets|||1,945,000|(482,000)|
|Other actuarial
gains|||||78,000|
|Change|in financial|assumptions||(2,211,000)|888,000|
|Change|in demographic||assumptions|130,000|554,000|
|Experience loss on||obligation||111,000|(510,000)|
|Total||||(25,000)|528,000|
##
|||||||||||2021|2020|
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||6|5|
|Financial|assets|||||||||||
|Finanmal|assets|measured|at|fair|value|through|income|and|expenditure|1,630,357|1,350,740|
##