| Page | |||
|---|---|---|---|
| Report ofthe Trustees | 1 | to | 5 |
| Independent Examiner's Report |
|||
| Statement ofFinancial Activities | |||
| Balance Sheet | 8 | to | 9 |
| Notes to the Financial Statements | 10 | to | 16 |
| Detailed Statement ofFinancial Activities | 17 | to | 18 |
| 31.12.21 | 31.12.20 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||
| funds | fund | funds | funds | ||||
| Notes | |||||||
| INCOME | AND ENDOWMENTS FROM | ||||||
| Donations | and legacies | 1,688 | |||||
| Charitable | activities | ||||||
| Landscape | and sport | 12,647 | 12,647 | 11/69 | |||
| Invesnnent | income | 48,821 | 48,821 | 42,530 | |||
| Total | 61,468 | 61,468 | 55,487 | ||||
| EXPENDITURE ON | |||||||
| Raising funds | 12,648 | 12,648 | 11,283 | ||||
| Charitable | activities | ||||||
| Landscape | and sport | 181,077 | 181,077 | 192,619 | |||
| Total | 193,725 | 193,725 | 203,902 | ||||
| Net gains/(losses) on |
investments | 262,742 | 262,742 | (27,945) | |||
| NET INCOME/(EXPENDITURE) | 130,485 | 130,485 | (176,360) | ||||
| RECONCILIATION | OF FUNDS | ||||||
| Total funds brought | forward | 709,875 | 1,796,639 | 2,506,514 | 2,682,874 | ||
| TOTAL FUNDS CARRIED FORWARD | 840,360 | 1,796,639 | 2,636,999 | 2,506,514 |
| 31.12.21 | 31.12.20 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | fund | funds | funds | ||
| Notes | |||||
| FIXEDASSETS | |||||
| Tangible assets | 330,573 | 330,573 | 129,848 | ||
| Investments | 438,584 | ],796,639 | 2435,223 | 2,379,911 | |
| 769,157 | 1,796,639 | 2,565,796 | 2,509,759 | ||
| CURRENT ASSETS | |||||
| Debtors | 25,819 | 25,819 | 11,662 | ||
| Cash at bank and in hand | 77,176 | 77,176 | 18,433 | ||
| 102,995 | 102,995 | 30,095 | |||
| CREDITORS | |||||
| Amounts falling due within one year |
10 | (31,792) | (31,792) | (33,340) | |
| NET CURRENT ASSETS | 71,203 | 71,203 | (3,245) | ||
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 840,360 | 1,796,639 | 2,636,999 | 2,506,514 | |
| NET ASSETS | 840,360 | 1,796,639 | 2,636,999 | 2,506,514 | |
| FUNDS | |||||
| Unrestricted funds |
840,360 | 709,875 | |||
| Restricted funds | 1,796,639 | 1,796,639 | |||
| TOTAL FUNDS | 2,636,999 | 2,506,514 |
| 31.12.21 | 31.12.20 | ||||
|---|---|---|---|---|---|
| Other fixed asset investments | 45,139 | 41,032 | |||
| Deposit account interest | 3,682 | 1,498 | |||
| 48,821 | 42,530 | ||||
| 3. | RAISING FUNDS | ||||
| Investment management |
costs | ||||
| 31.12.21 | 31.12.20 | ||||
| Po&olio management | 12,648 | 11,283 | |||
| 4. | NET INCOME/(EXPENDITURE) | ||||
| Net income/(expenditure) | is stated after charging/(crediting): | ||||
| 31.12.21 | 31.12.20 | ||||
| Depreciation -owned assets |
15,276 | 15+76 | |||
| Independent examination |
1,635 | 1,875 | |||
| 5. | TRUSTEES' REIVHPKRATION | AND BENEFITS | |||
| 31.12.21 | 31.12.20 | ||||
| Trustees' salaries | 9,251 | 8,000 |
| The average monthly number ofemployees during |
the year was as follows: | |
|---|---|---|
| 31.12.21 | 31.12.20 | |
| Administration | 1 | 1 |
| TANGIBLE FIXEDASSETS | |||
|---|---|---|---|
| Ground | |||
| Pavilion | Improvements | Totals | |
| COST | |||
| At 1 January 2021 | 458,284 | 39,395 | 497,679 |
| Additions | 216,001 | 216,001 | |
| At 31 December 2021 | 674,285 | 39,395 | 713,680 |
| DEPRECIATION | |||
| At I January 2021 | 328,436 | 39,395 | 367,831 |
| Charge for year | 15,276 | 15,276 | |
| At 31December 2021 | 343,712 | 39,395 | 383,107 |
| NET BOOKVALUE | |||
| At 31 December 2021 | 330,573 | 330,573 | |
| At 31 December 2020 | 129,848 | 129,848 | |
| FIXEDASSETINVESTMENTS | |||
| Listed | |||
| investments | |||
| MARKET VALUE | |||
| At 1 January 2021 | 2,379,911 | ||
| Additions | 162,410 | ||
| Disposals | (540,044) | ||
| Revaluations | 232,946 | ||
| At 31December 2021 | 2,235,223 | ||
| NET BOOKVALUE | |||
| At 31December 2021 | 2,235,223 | ||
| At 31December 2020 | 2,379,911 | ||
| Investments at fair value comprised: |
|||
| 31.12.21 | 31.12.20 | ||
| Equities | 2,178,356 | 2,224,619 | |
| Cash | 100,000 | ||
| Fixed interest securities | 56,867 | 55,292 | |
| 2,235,223 | 2,379,911 |
| 9. | DEBTORS:AMOUNTS FALLING DUE WIT | HIN | ONE YE | AR | ||
|---|---|---|---|---|---|---|
| 31.12.21 | 31.12.20 | |||||
| Trade debtors | 5,955 | |||||
| Income tax and VAT recoverable | 25,421 | 3,524 | ||||
| Prepayments | 398 | 2,183 | ||||
| 25,819 | 11,662 | |||||
| 10. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE | YEAR | ||||
| 31.12.21 | 31.12.20 | |||||
| Trade creditors | 17,974 | 25,028 | ||||
| Social security and other taxes |
132 | 132 | ||||
| Accrued expenses | 13,686 | 8,180 | ||||
| 31,792 | 33,340 | |||||
| Deferred income comprises ofa rental bond repayable | at the end | ofthe rental period. | ||||
| 31.12.21 | ||||||
| Balance as at 1stJanuary 2021 | ||||||
| Amount released to income earned from charitable |
activities | |||||
| Amount deferred in year |
3,750 | |||||
| Balance as at 31stDecember 2021 | 3,750 | |||||
| 11. | MOVEMENT IN FUNDS | |||||
| Net | ||||||
| movement | At | |||||
| At 1.1.21 | in funds | 31.12.21 | ||||
| Unrestricted funds |
||||||
| Endowment fund |
709,875 | 130,485 | 840,360 | |||
| Restricted funds |
||||||
| Restricted fund | 1,796,639 | 1,796,639 | ||||
| TOTAL FUNDS | 2,506,514 | 130,485 | 2,636,999 | |||
| Net movement in funds, included in the above are |
as | follows: | ||||
| Incoming | Resources | Gallls and | Movement | |||
| resources | expended | losses | in funds | |||
| Unrestricted funds |
||||||
| Endowment fund |
61,468 | (193,725) | 262,742 | 130,485 | ||
| TOTAL FUNDS | 61,468 | (193,725) | 262,742 | 130,485 |
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1.1.20 | in funds | 31.12.20 | |
| Unrestricted funds |
|||
| Endowment fund |
886,235 | (176,360) | 709,875 |
| Restricted funds | |||
| Restricted fund | 1,796,639 | 1,796,639 | |
| TOTAL FUNDS | 2,682,874 | (176,360) | 2,506,514 |
| Incoming | Resources | Gains and | Movement | ||
|---|---|---|---|---|---|
| resources | expended | losses | in funds | ||
| Unrestricted | funds | ||||
| Endowment | fund | 55,487 | (203,902) | (27,945) | (176,360) |
| TOTAL FUNDS | 55,487 | (203,902) | (27,945) | (176,360) |
| for the Year Ended 31De | cember 2021 | ||
|---|---|---|---|
| 31.12.21 | 31.12.20 | ||
| INCOME AND ENDOWMENTS | |||
| Donations and legacies |
|||
| Donations | 1,688 | ||
| Investment income |
|||
| Other fixed asset investments | 45,139 | 41,032 | |
| Deposit account interest | 3,682 | 1,498 | |
| 48,821 | 42,530 | ||
| Charitable activities |
|||
| Other income | 12,647 | 11,269 | |
| Total incoming resources |
61,468 | 55,487 | |
| EXPENDITURE | |||
| Investment management |
costs | ||
| Portfolio management | 12,648 | 11,283 | |
| Charitable activities |
|||
| Landscape maintenance | charges | 61,577 | 53,425 |
| Pavilion costs | 41,994 | 56,166 | |
| Professional fees |
4,653 | 4,453 | |
| Sports pitch maintenance | 24,051 | 22,921 | |
| Freehold property | 15,276 | 15,276 | |
| 147,551 | 152,241 | ||
| Support costs | |||
| Management | |||
| Trustees' salaries | 9,251 | 8,000 | |
| Insurance | 3,377 | 4,470 | |
| Sundries | 3,609 | 4,038 | |
| Unrecoverable VAT |
15,160 | 20,069 | |
| 31,397 | 36,577 | ||
| Finance | |||
| Bank charges | 94 | 94 | |
| Governance costs |
|||
| Accountancy | 1,635 | 1,875 | |
| Legal fees | 400 | 1,832 | |
| 2,035 | 3,707 | ||
| Total resources expended | 193,725 | 203,902 | |
| Net expenditure before |
gains and losses | (132,257) | (148,415) |
| for the Year Ended 31Decem | ber 2021 | ||
|---|---|---|---|
| 31.12.21 | 31.12.20 | ||
| Realised recognised | gains and losses | ||
| Realised gains/(losses) | on fixed asset investments | 262,742 | (27,945) |
| Net income/(expenditure) | 130,485 | (176,360) |