##
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|Trustees||J Lambert||||||
|---|---|---|---|---|---|---|---|
|||J Mccullagh||||||
|||A Skelton||||||
|||N Hailey CMG||||||
|||V Isaac||||||
|||I Badat||||(Appointed|18January 2023)|
|Charity number||311719||||||
|Company|number|00396105||||||
|Registered|office|Church
Lane||||||
|||Whaddon||||||
|||Gloucester||||||
|||GL4 OUF||||||
|Auditor||Grifiiths
Marshall||||||
|||Beaumont
House||||||
|||172Southgate|Street|||||
|||Gloucester||||||
|||GL1 2EZ||||||
|Bankers||The Co-Operative||Bank|Pic|||
|||P.O Box250||||||
|||Skelmersdale||||||
|||WN8 6WT||||||
|||Triodos Bank|NV|||||
|||Deanery
Road||||||
|||Bristol||||||
|||BS15AS||||||
|Solicitors||Harrison
Clark|Rickerbys||LLP|||
|||Ellenborough|House|||||
|||Wellington
Street||||||
|||Cheltenham||||||
|||GL50 tYD||||||
##
##
||Page|
|---|---|
|Chair QfTrustees report|1-5|
|Independent
auditods
report||
|Statement offinancial
activities||
|Group balance sheet|10-11|
|Company
balance sheet|13-14|
|Statement ofcash flows|14|
|Notes to the accounts|15-26|
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||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|---|
||||funds|funds||funds|funds||
|||Notes|2022f|2022|2022f|2021
8|2021
6|2021
6|
|ncome and endowmen||from'|||||||
|Donations
and|legacies|3|16||16||||
|Other trading
activities||5|236||236|1,100||1,100|
|Investments||4|35 151||35,151|29,001||29,001|
|Other income||6|1,775,733||1,775,733|434,267||434,287|
|Total income|||1,811,136||1,811,136|464,368||464,368|
|~Edtl|||||||||
|Charitable
activities||7|590,461||590,461|1,040,203||1,040,203|
|Net|||||||||
|Incoming/(outgoing)|||||||||
|resources before|||1,220,675||1,220,675|(575,835)||(575,835)|
|transfers|||||||||
|Gross transfers|between||||||||
|funds|||14,931|(14,931)|||||
|Net Incoming/(outgoing)|||||||||
|resources|||1,235,606|(14,931)|1,220,675|(575,835)||(575,835)|
|Net movement|in funds/net||||||||
|income and expenditure|||1,235,606|(14,931)|1,220,675|(575,835)||(575,835)|
|Fund balances|at 1||||||||
|August 2021|||(232,296)|14,931|(217,365)|343,539|14,931|358,470|
|Fund balances|at 31||||||||
|July 2022|||1,003,311||1,003,311|(232,296)|14,931|(217,365)|
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||||||2022||2021||
|---|---|---|---|---|---|---|---|---|
|||||Notes|f||8||
|Fixed assets|||||||||
|Tangible assets||||12||1,281,124||1,722,908|
|Investments||||||100||100|
|||||||1,281,224||1,723,008|
|Current assets|||||||||
|Stocks||||13|||20,016||
|Debtors||||14|37,066||862,808||
|Cash at bank and||in|hand||291,296||7,540||
||||||328,362||890,364||
|Creditors:|amounts||falling due within||||||
|one year||||16|(106,173)||(1,371,730)||
|Net current|assets/(liabilities)|||||222,189||(481,366)|
|Total assets less||current llabillees||||1,503,413||1,241,642|
|Creditors:|amounts||falling due after||||||
|more than|one year|||17||(500,000)||(1,103,718)|
|Net assets||||||1,003,413||137,924|
|Income funds|||||||||
|Restricted|funds|||18||||14,931|
|Unrestricted|funds||||||||
|Designated|funds|||19|||5,229||
|General
unrestricted|||funds||469,e91||(415,758)||
|Revaluation|reserve||||533,522||533,522||
|||||||1,003,413||122,993|
|||||||1,003,413||137,924|
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||||||2022|||2021|
|---|---|---|---|---|---|---|---|---|
|||||Notes|6||6|6|
|Fixed assets|||||||||
|Tangible assets||||12||1,281,122||1,722,910|
|Current assets|||||||||
|Stocks||||13|||481,099||
|Debtors||||14|37,066||46,636||
|Cash at bank and||in|hand||291,295||8,941||
||||||328,362||536,676||
|Creditom:|amounts||falling due within|16|||||
|one year|||||(106,172)||(1,373,230)||
|Net current|assets/(liabilities)|||||222,189||(836,554)|
|Total assets less||current liabilities||||1,503,311||886,356|
|Creditors:|amounts||falling due after|17|||||
|more than|one year|||||(500,000)||(1,103,718)|
|Net assets/(liabilities)||||||1,003,311||(217,362)|
|Income funds|||||||||
||dt
d||||||||
|Designated|funds|||19|||5,229||
|General unrestricted|||funds||469,789||(771,044)||
|Revaluation|reserve||||533,522||533,522||
|||||||1,003,311||(232,293)|
|||||||1,003,311||(232,293)|
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||||||2022|2021||
|---|---|---|---|---|---|---|---|
|||||Notes|6|||
|Cash flows from operating|||activities|||||
|Cash absorbed
by operations||||23|(940,496)||(1,456,882)|
|Investing
activities||||||||
|Purchase
oftangible
fixed assets|||||(1,607)|(20,210)||
|Rental income|||||35,151|29,001||
|Proceeds on disposals
of|land & property||||2,666,588|597,461||
|Net cash generated
from investing||||||||
|activities|||||2,700,132||606,252|
|Financing
activities||||||||
|Proceeds from borrowlngs|||||200,000|320,000||
|Repayment
of borrowings|||||(1,697,657)|(19,786)||
|Proceeds ofnew bank loans|||||300,000|625,000||
|Net cash (used In)/generated|||from|||||
|financing
activities|||||(1,197,657)||925,214|
|Net Increase
In cash and cash equivalents|||||561,979||74,584|
|Cash and cash equivalents||at beginning||ofyear|(270,684)||(345,268)|
|Cash and cash equivalents|||at end ofyear||291,295||(270,684)|
|Relating to:||||||||
|Cash at bank and
in hand|||||291,295||8,942|
|Bank overdrafts
induded|in|creditors||||||
|payable
within one year|||||||(279,626)|
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|||||||Unrestricted|Total|
|---|---|---|---|---|---|---|---|
|||||||funds||
|||||||2022|2021|
||||||||6|
||Donations|and||giRs||16||
|4|Investments|||||||
|||||||Unrestricted|Total|
|||||||funds||
|||||||2022|2021|
|||||||6|F|
||Rental income|||||35,151|29,001|
|6|Other trading|||activities||||
|||||||2022|2021|
||Room Hire|and Cedron|||Hall rental income|236|1,100|
||Other trading||activities|||236|1,100|
##
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||Unresbtcted|Unrestricted|
|---|---|---|
||funds|funds|
||2022|2021|
||6||
|Net gain on disposal ofland and property|1,775,733|434,218|
|Other income||49|
||1,775,733|434,267|
##
||||||2022|2021|
|---|---|---|---|---|---|---|
||||||6|6|
|Educational||costs and||supplies|109,973|113,673|
|Share of|support costs|||(see note 9)|236,095|469,677|
|Share of|governance||costs (see note 9)||244,394|456,853|
||||||590,462|1,040,203|
|Analysis|by|fund|||||
|Unrestricted||funds|||590,462|1,040,203|
##
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|Support|cos|ts|||||||
|---|---|---|---|---|---|---|---|---|
||||Support|Governance|2022Support costs||Governance|2021|
||||costs|costs|||costs||
||||8|E|8|||f|
|Depreciation||&|||||||
|Impairment||||73,920|73,920||50,579|50,579|
|Finance|||5,760||5,760|25,975||25,975|
|Premises|||101,251||101,251|152,327||152,327|
|Charity Administration|||10,260||10,260|22,671||22,671|
|Wages and Salaries|||103,000||103,000|237,159||237,159|
|National
insurance|||9,498||9,498|24,768||24,768|
|Pension|||8,659||8,659|5,619||5,619|
|Bad debts|||(2,333)||(2,333)|1,158||1,158|
|Audit fees||||13,136|13,136||6,662|6,662|
|Legal and|professional|||67,965|67,965||234,320|234,320|
|Bank Charges||||111|111||98|98|
|Loan interest|||||||||
|||||89,263|89,263||165,194|165,194|
||||236,095|244,394|480,489|469,677|456,853|926,530|
|Analysed|between||||||||
|Charitable|activities||236,095|244,394|480,489|469,677|456,853|926,530|
##
|The average|monthly
num|ber ofemploye|es
during the|year was:|||
|---|---|---|---|---|---|---|
||||||2022|2021|
||||||Number|Number|
|Administration|||||||
|The number|ofemployees|whose annual|remuneration|was more than 660,000|||
|is as follows:|||||||
||||||2022|2021|
||||||Number|Number|
|f60,000tof70,000|||||||
##
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##
|||||2022f|2021
5|
|---|---|---|---|---|---|
|In respect|of:|||||
|Property,|plant|and equipment||30,286||
|Inter-company||loan with Brookthorpe|Properties|(35,534)|(122,000)|
##
|Tangible|fixed asset|s||||
|---|---|---|---|---|---|
||||Land and|Fhtures,|Total|
||||buildings|fittings S||
|||||equipment||
|||||8||
|Cost||||||
|At 1 August 2021|||2,116,847|371,600|2,488,447|
|Additions||||1,607|1,607|
|Dieposals|||(464,500)|(20,625)|(485,125)|
|At 31 July|2022||1,652,347|352,582|2,004,929|
|Depreciation
and impairment||||||
|At 1 August 2021|||496,374|269,165|765,539|
|Depreciation
charged||in the year|29,418|14,216|43,634|
|Impairment|losses|||30,286|30,286|
|Eliminated|in respect|ofdisposals|(96,068)|(19,584)|(115,652)|
|At 31 July|2022||429,724|294,083|723,807|
|Carrying|amount|||||
|At 31 July|2022||1,222,623|58,499|1,281,122|
|At 31 July|2021||1,620,474|102,435|1,722,909|
##
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|13|Stocks||||||
|---|---|---|---|---|---|---|
||||||2022|2021|
||||||E|E|
||Work in progress|||||481,099|
|||||||481,099|
|14|Group Debtors||||||
||||||2022|2021|
||Amounts
falling due within|||one year:|E|E|
||Trade debtors||||4,085|2,948|
||Other debtors||||10,000||
||Prepayments|and accrued income|||22,981|43,685|
||||||37,066|46,633|
||Company
Debtors||||||
||||||2022|2021|
||Amounts
faglng due within|||one year:|E|E|
||Trade debtors||||4,085|2,948|
||Amounts
owed||by subsidiary|undertakings||816,171|
||Other debtors||||10,000||
||Prepayments|and accrued income|||22,981|43,689|
||||||37,066|862,808|
|15|Loans and overdrafts||||||
||||||2022|2021|
||||||E|E|
||Bank overdrafts|||||279,626|
||Bank loans||||300,000|677,706|
||Otherloans||||200,000|449,952|
||||||500,000|1,407,284|
||Payable within||one year|||303,566|
||Payable after|one year|||500,000|1,103,718|
##
##
|16|Group creditors: amounts|Group creditors: amounts|Group creditors: amounts|Group creditors: amounts|falling due within one year|falling due within one year||||
|---|---|---|---|---|---|---|---|---|---|
|||||||||2022|2021|
||||||||Notes|E|E|
||Bank loans and overdrafts||||||16||303,566|
||Other taxation|and social security||||||1,954|81,070|
||Trade creditors|||||||17,295|299,029|
||Other creditors|||||||8,825|585,765|
||Accruals and deferred|||income||||78,099|103,800|
|||||||||106,172|1,373,230|
||Company
creditors:|||amounts||falling due within one year||||
|||||||||2022|2021|
||||||||Notes|E|E|
||Bank loans and|overdraits|||||15||303,566|
||Other taxation|and sorjal security||||||1,954|81,070|
||Trade creditors|||||||17,295|299,029|
||Other creditors|||||||8,825|585,765|
||Accruals and deferred|||income||||78,099|102,300|
|||||||||106,172|1,371,730|
|17|Company
Creditors:|||amounts||falling due after more than||||
||one year|||||||||
|||||||||2022|2021|
||||||||Notes|E|E|
||Bank loans||||||15|300,000|653,766|
||Other borrowings|||||||200,000|449,952|
|||||||||500,000|1,103,718|
||Group Creditonn||amounts||falling due after more than one|||||
||year|||||||||
||Bankloans||||||15|300,000|653,766|
||Other borrowings|||||||200,000|449,952|
|||||||||500,000|1,103,718|
##
##
##
||||||Movement||||
|---|---|---|---|---|---|---|---|---|
||||||In funds||||
|||||Balance at|Incoming|Balance at|Transfers|Balance at|
||||1|August 2020
E|resources
f|1August 2021
E|E|31July 2022
f|
|Cedron|Hall|Fund||14,931||14,931|(14,931)||
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|23|Cash generated
from|operations|operations|operations||||2022|2021|
|---|---|---|---|---|---|---|---|---|---|
|||||||||E||
||Surplus/(deficit)
for the|year||||||1,220,675|(575,836)|
||Adjustments
for:|||||||||
||Investment
income recognised|||in statement||oflinancial|activities|(35,151)|(29,001)|
||Gain on disposal oftangible||fixed assets|||||(1,775,734)|(434,218)|
||Depreciation
and impairment|||oftangible|fixed assets|||73,919|50,579|
||Movements
in working|capital:||||||||
||(Increase)
in stocks|||||||(40,284)|(39,404)|
||Decrease
in debtors|||||||9,570|68,693|
||(Decrease)
in creditors|||||||(393,491)|(497,695)|
||Cash absorbed
by operations|||||||(940,496)|(1,456,882)|