2020-12-31-accounts - Whitwell Hall Country Centre Ltd

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REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

FOR

WHITWELL HALL COUNTRY CENTRE LTD

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

	Page
Company Information	1
Chairman's Report	2
Report of the Directors	3
Chartered Certified Accountants' Report	4
Income Statement	5
Statement of Financial Position	6
Statement of Changes in Equity	7
Notes to the Financial Statements	8
Detailed Income and Expenditure Account	12

WHITWELL HALL COUNTRY CENTRE LTD

COMPANY INFORMATION FOR THE YEAR ENDED 31 DECEMBER 2020

DIRECTORS:

DIRECTORS: Mr J Byer Mr K Cole Ms J Cole Mr R Lake Mr J Webb Ms H Wilkinson REGISTERED OFFICE: Whitwell Hall Reepham Norwich Norfolk NR10 4RE REGISTERED NUMBER: 00340116 (England and Wales) ACCOUNTANTS: Farnell Clarke Limited Evolution House Delft Way Norwich Airport Norwich Norfolk NR6 6BB

Page 1

WHITWELL HALL COUNTRY CENTRE LTD

CHAIRMAN'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2020

The last twelve plus months for Whitwell and myself have been a period of 'ups and downs'. Firstly, we lost the redoubtable Heather Wilkinson a long-term Trustee and supporter of Whitwell. Then no sooner had the Centre manager come back to work than lockdown 1 kicked in and we had to take the decision to furlough 3 members of staff as our finances weren't robust enough to support them.

With countless emails and telephone calls I came to know the accountants on first name terms because of discrepancies over the 2019 accounts which were eventually sorted.

Also, because of the lack of a Corporation Tax Number, the Broadland MP's secretary also became well known. This was because without this number we could not apply for the government 'Bounce Back' loan. However, the accountants came up trumps with helping this issue too and, after months of waiting, our loan arrive, not thanks to an ineffective bank.

Worries over finances led to enquiries into who owned Whitwell as it was not registered with the Land Registry. This was solved but the registration wasn't and still is ongoing because of problems with Whitwell Station. The bottom 'pigeon loft' flat tenants had also not been paying their rent regularly and they eventually decided to leave.

But gradually things looked up. New tenants arrived for the flat, lockdown ended, and employees returned, although on a part time basis. Various little pots of money were acquired to help finances and we started to take part in a community lottery. Even though lockdowns 2 and 3 happened things didn't get as desperate as it was in the beginning

Trustees had been meeting regularly on Zoom and consequently had more of an idea into what was going on. The business plan was finished thanks to the amount of work the deputy manager put in. A COVID risk assessment was put in place and, although no school groups appeared, several private groups were able to holiday with us in 2020. All schools were contacted to say we were up and running but we didn't really expect a positive response it was just important that they knew we still existed.

Whitwell was also lucky to have a few months of steady income after christmas from a company called 'Bespoke' and the hall housed a young man with special needs. Consequently, all staff came back on a full-time basis and various estate and hall jobs have been undertaken.

The Hall also got a vast amount of equipment for Heather Wilkinson's estate which was brilliant. Recently also, the Hall has been able to access equipment from the closure of Holt Hall which means that much of the fittings and furniture can be replaced with high quality goods.

As for the 2021 season, we have a couple of schools coming but all private bookings for the summer months are due, but we hope to see day visits resume in September. Also marketing and promotions in September needs to be rolled out for 2022.

I must thank all staff for their commitment to Whitwell over this very difficult time and to the support of the trustees. I mentioned the 'ups and downs' but hopefully we can look forward to 2022.

Jackie Cole Chair

Page 2

WHITWELL HALL COUNTRY CENTRE LTD

REPORT OF THE DIRECTORS FOR THE YEAR ENDED 31 DECEMBER 2020

The directors present their report with the financial statements of the company for the year ended 31 December 2020.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of community care activities.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 January 2020 to the date of this report.

Mr J Byer Mr K Cole Ms J Cole Mr R Lake Mr J Webb Ms H Wilkinson

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

Ms J Cole - Director

30 September 2021

Page 3

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE UNAUDITED FINANCIAL STATEMENTS OF WHITWELL HALL COUNTRY CENTRE LTD

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Whitwell Hall Country Centre Ltd for the year ended 31 December 2020 which comprise the Income Statement, Statement of Financial Position, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Whitwell Hall Country Centre Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Whitwell Hall Country Centre Ltd and state those matters that we have agreed to state to the Board of Directors of Whitwell Hall Country Centre Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Whitwell Hall Country Centre Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Whitwell Hall Country Centre Ltd. You consider that Whitwell Hall Country Centre Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Whitwell Hall Country Centre Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Farnell Clarke Limited Evolution House Delft Way Norwich Airport Norwich Norfolk NR6 6BB

13 August 2021

This page does not form part of the statutory financial statements

Page 4

WHITWELL HALL COUNTRY CENTRE LTD

INCOME STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2020

Notes REVENUE Cost of sales GROSS (DEFICIT)/SURPLUS Administrative expenses Other operating income OPERATING DEFICIT 4 Interest receivable and similar income Interest payable and similar expenses DEFICIT BEFORE TAXATION Tax on deficit 5 DEFICIT FOR THE FINANCIAL YEAR	31.12.20 £ 25,224 (57,102) (31,878) (63,489) (95,367) 64,603 (30,764) 27 (30,737) (553) (31,290) - (31,290)	31.12.19 £ 164,820 (115,262) 49,558 (61,111) (11,553) - (11,553) 65 (11,488) (641) (12,129) - (12,129)

The notes form part of these financial statements

Page 5

WHITWELL HALL COUNTRY CENTRE LTD (REGISTERED NUMBER: 00340116)

STATEMENT OF FINANCIAL POSITION 31 DECEMBER 2020

Notes FIXED ASSETS Property, plant and equipment 6 CURRENT ASSETS Inventories Debtors 7 Cash at bank and in hand CREDITORS Amounts falling due within one year 8 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES CREDITORS Amounts falling due after more than one year 9 NET ASSETS RESERVES Income and expenditure account MEMBERS' FUNDS	31.12.20 £ 300 7,682 54,177 62,159 15,643	£ 111,856 46,516 158,372 39,002 119,370 119,370 119,370	31.12.19 £ 300 13,785 40,930 55,015 17,618	£ 114,167 37,397
				151,564 904
				150,660
				150,660
				150,660

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2020 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a) ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 30 September 2021 and were signed on its behalf by:

Ms J Cole - Director

The notes form part of these financial statements

Page 6

WHITWELL HALL COUNTRY CENTRE LTD

STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED 31 DECEMBER 2020

Balance at 1 January 2019 Changes in equity Total comprehensive income Balance at 31 December 2019 Changes in equity Total comprehensive income Balance at 31 December 2020	Retained earnings £ 162,789 (12,129) 150,660 (31,290) 119,370	Total equity £ 162,789 (12,129) 150,660 (31,290) 119,370

The notes form part of these financial statements

Page 7

WHITWELL HALL COUNTRY CENTRE LTD

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020

1. STATUTORY INFORMATION

Whitwell Hall Country Centre Ltd is a private company, limited by guarantee, registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Freehold property	- Assets not subject to depreciation
Improvements to property	- 10% on cost
Plant and machinery	- 25% on cost
Fixtures and fittings	- 15% on reducing balance
Motor vehicles	- 25% on reducing balance

Stocks

Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to surplus or deficit over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to surplus or deficit on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2019 - 23).

Page 8

continued...

WHITWELL HALL COUNTRY CENTRE LTD

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2020

4. OPERATING DEFICIT

The operating deficit is stated after charging:

	31.12.20	31.12.19
	£	£
Depreciation - owned assets	1,586	1,840
Depreciation - assets on hire purchase contracts	1,617	2,155

5. TAXATION

Analysis of the tax charge

No liability to UK corporation tax arose for the year ended 31 December 2020 nor for the year ended 31 December 2019.

6. PROPERTY, PLANT AND EQUIPMENT

COST
At 1 January 2020
Additions
At 31 December 2020
DEPRECIATION
At 1 January 2020
Charge for year
At 31 December 2020
NET BOOK VALUE
At 31 December 2020
At 31 December 2019
COST
At 1 January 2020
Additions
At 31 December 2020
DEPRECIATION
At 1 January 2020
Charge for year
At 31 December 2020
NET BOOK VALUE
At 31 December 2020
At 31 December 2019

Improvements
Freehold
to
Plant and
property
property
machinery
£
£
£
100,440
46,928
7,349
-
-
-
100,440
46,928
7,349
-
42,572
5,384
-
999
295
-
43,571
5,679
100,440
3,357
1,670
100,440
4,356
1,965
Fixtures
and
Motor
fittings
vehicles
Totals
£
£
£
19,511
10,845
185,073
892
-
892
20,403
10,845
185,965
18,946
4,004
70,906
198
1,711
3,203
19,144
5,715
74,109
1,259
5,130
111,856
565
6,841
114,167

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continued...

WHITWELL HALL COUNTRY CENTRE LTD

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2020

6. PROPERTY, PLANT AND EQUIPMENT - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

			Motor
			vehicles
			£
	COST
	At 1 January 2020
	and 31 December 2020		10,345
	DEPRECIATION
	At 1 January 2020		3,879
	Charge for year		1,617
	At 31 December 2020		5,496
	NET BOOK VALUE
	At 31 December 2020		4,849
	At 31 December 2019		6,466
7.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
		31.12.20	31.12.19
		£	£
	Trade debtors	66	1,596
	Other debtors	-	1,860
	PAYE debtor	287	-
	VAT	439	-
	Prepayments and accrued income	6,890	10,329
		7,682	13,785
8.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
		31.12.20	31.12.19
		£	£
	Bank loans and overdrafts	2,053	-
	Hire purchase contracts	904	2,522
	Trade creditors	10,293	6,579
	Social security & other taxes	-	1,553
	VAT	-	1,293
	Other creditors	1,476	950
	Accruals and deferred income	917	4,721
		15,643	17,618
9.	CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
		31.12.20	31.12.19
		£	£
	Bank loans - 1-2 years	8,211	-
	Bank loans - 2-5 years	24,633	-
	Bank loans more 5 yr by instal	6,158	-
	Hire purchase contracts	-	904
		39,002	904

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continued...

WHITWELL HALL COUNTRY CENTRE LTD

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2020

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued

		31.12.20	31.12.19
		£	£
	Amounts falling due in more than five years:
	Repayable by instalments
	Bank loans more 5 yr by instal	6,158	-
10.	ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.

Page 11

WHITWELL HALL COUNTRY CENTRE LTD

DETAILED INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2020

Turnover Camp full package Camp self catering Hall full package Hall self catering Day visit Rental income Donations and grants received Cost of sales Opening stock Purchases Activity expenses Wages Social security Pensions Closing stock GROSS (DEFICIT)/SURPLUS Other income Government grants Deposit account interest Expenditure Pensions Rent Rates and water Insurance Light and heat Wages Office expenses Telephone Post and stationery Motor Petrol or diesel Repairs and maintenance Household and cleaning Waste disposal Staff training Casual wages Health and safety Computer costs Sundry expenses Subscriptions Accountancy Professional fees Depreciation of tangible fixed assets Profit/loss on sale of tangible fixed assets Carried forward	31.12.20 £ 482 7,794 3,010 1,938 603 10,050 1,347 300 1,226 74 52,757 1,468 1,577 57,402 (300) 64,603 27 695 - 980 6,278 3,620 23,164 - 783 318 6,370 590 8,731 355 1,581 670 30 761 1,825 - 179 2,004 238 3,203 - 62,375	£ 25,224 57,102 (31,878) 64,630 32,752 32,752	31.12.19 £ 67,185 18,696 50,845 5,720 1,493 10,800 10,081 400 18,034 1,828 89,538 3,727 2,035 115,562 (300) - 65 - 2,710 366 11,166 7,309 - 232 738 244 5,851 1,171 9,895 1,458 2,182 99 5,675 - 2,650 78 35 2,556 261 3,995 1,955 60,626	£ 164,820 115,262
				49,558 65
				49,623
				49,623

This page does not form part of the statutory financial statements

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WHITWELL HALL COUNTRY CENTRE LTD

DETAILED INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2020

Brought forward Entertainment Bad debts Finance costs Bank loan interest HMRC interest Hire purchase NET DEFICIT	31.12.20 £ 62,375 114 1,000 342 - 211	£ 32,752 63,489 (30,737) 553 (31,290)	31.12.19 £ 60,626 485 - - 1 640	£ 49,623 61,111 (11,488) 641 (12,129)

This page does not form part of the statutory financial statements

Page 13