## **REPORT OF THE DIRECTORS AND** **UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2020** ## **FOR** **WHITWELL HALL COUNTRY CENTRE LTD** **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| |---|---| Page 9 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| Page 10 continued... **WHITWELL HALL COUNTRY CENTRE LTD** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2020** 9. **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 Page 12 **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