**Friends of Oystermouth Castle (The Friends)** Registered charity No 1011377 ## **Trustees Annual Report Year ended 31 December 2022.** ## **Trustees** : George Lawrence Chair & Trustee Marie Hughes Secretary & Trustee David Stevens Treasurer & Trustee Paul Lewis Vice Chair & Trustee Clive Hughes Trustee Michael Eames Trustee John MarvelleyTrustee James Harris Trustee ## 1. **Structure, Governance and Management** The Friends is an unincorporated association registered with the Charity Commission. The management committee adopted its constitution in July 2012. The Friends members elect management committee members from its members at the Annual General Meeting or Extraordinary General Meeting. ## 2. **Licence to operate** The City and Council of Swansea (the ‘Council’) own the freehold premises of Oystermouth Castle. Under the terms of a Licence to Operate (the ‘Licence’) The Friends and authorised guests are permitted non-exclusive use by the Council to use Oystermouth Castle as a Heritage Visitor facility. The Licence provides that the Friends may retain any income arising from the use and operation of Oystermouth Castle, less an annually agreed contribution towards the cost of maintenance of Oystermouth Castle, currently based on half the salary of the Oystermouth Castle Development Co-ordinator. The Friends have 1 updated the Licence and waiting for the council’s approval. ## **3. Financial Review** ## 3.1 **Income & Expenditure** See attached appendix 1 accounts as prepared for the Friends of Oystermouth Castle by John Eckersley Community Accountant Swansea Council for Voluntary Service ## **4. Bank Account** The Friends have banked with NatWest since 2015. We have three accounts. One for our main business, one for the shop and a savings account for the tent replacement fund and the unpaid grant money. A portion of income is held in the current account to cover: 1. Essential Costs (see 3.2. Financial Review) 2. Prior agreed events at the Castle which are arranged by the Council 3. Materials purchased for the Friends use 4. All functions which are the Friends responsibility e.g. AGMs, insurance, accountancy fees 5. A portion of the Castle Development Co-ordinator’s salary 6. The Friends contribution towards the Castle conservation 7. Other sundry items ## **5. Public Benefit Statement** The Friends objects are to provide access and presentation at the Castle. The Friends promote the history and heritage of the site to visitors and provide a venue for local schools colleges and universities. The Castle hosts medieval re-enactments and living history societies, which recreate all aspects of life during the Middle Ages. We have managed to run guided tours three times a week in July, 2 August and September, organise Halloween and Christmas events and have a few educational school tours. ## **6. How we fulfilled our Aims** The Friends set up a training programme for potential new tour guides to shadow our experienced guides and we are continuing this by making a more structured approach. The programme of guided tours last year provided us with useful positive feedback for the trustees. As a result this coming year we will be increasing the number of tours given at the castle to two tours AM & PM Wednesday and Friday with additional tours during school holidays on a Sunday. The trustees have put in place a new claims policy to make it more open and transparent. They have also introduced a new herb garden from which visitors can have a sample bag of the herbs. To enable us to comply with legislation regarding young and vulnerable people 6 of the friends have been DBS checked. To assist with delivering an improved service to the ‘Friends’ and the visiting public and also to help the secretary, we are looking to employ a temporary member of staff in this coming year. This will be an ongoing employment for the season whilst the castle is open. ## **7. Special Events and Year Highlights** The past year has seen the trustees engaging with local dignitaries such as the leader of Swansea Council Rob Stewart and other members of his cabinet to raise the profile of the castle, the meeting was a success and we look forward to working with Rob and his team this coming year. The volunteer numbers have increased slightly since reopening but we are always looking for volunteers to join and commit whatever they can to help keeping the castle opening and functioning effectively. During the past year the Friends formed separate teams, for tour guides, events organisation, odd jobs and extended their connections with the Ostreme Theatre Players, who gave magnificent support when called upon. 3 The Friends and Swansea Council are still engaged with Hiraeth Architecture to carry out a feasibility study to look at replacing the Friends’ tent and the feasibility for redesign/configure of the current visitor accommodation. There have been number of meetings which progress has been made to the extent of getting to the initial pre application enquiry. If the proposals are accepted we can look forward to the reception and shop etc moving from the chapel block to a position just inside the gatehouse on the right hand side. The Friends held two social events through the past year which went very well, they also ran a ‘fact finding’ trip to Hay on Wye castle where an informed tour as well as an opportunity to discuss the management of their castle. It is proposed to hold a number of similar events this coming year 2023. ## **8. Future Plans** - Ensure the Castle is a safe and presentable building for the Friends and its visitors - Gift Aid to be set up - Tent savings can be used as match funding with Feasibility Study improvements made - Grant Applications will be required when Feasibility Study improvements made - Wales Culture Grant to be set against Hiraeth fees and future improvements - More structured training and recruitment procedures to apply - Increased entrance fees to be raised in line with Council recommendations - How to enhance wireless signal being looked into - More signage - Use of QR codes in signs and leaflets - Introduce improvements in line with the grant money received - Continue to raise funds to give a secure future for our work. - Continue to work in partnership with others to fulfil our aims. 4 - Continue to engage with the local community to further and enhance the knowledge of the Castle’s history and continuing story - Promote the Castle as a community attraction that local people want to visit on a regular basis ## **9. Volunteer Help in 2023** - The trustees have been overwhelmed by the help and support that the Friends have given to the Castle since we reopened fully after the pandemic and wish to record their sincere thanks to all who have kept the Castle open and enjoyed by the public. Looking forward we presently have 28 potential ‘Friends of Oystermouth Castle’ for this coming year and have received an encouraging response to our 2023 recruitment process. - The events team are always looking for help with the productions they put on at the castle, no special skills are required only plenty of enthusiasm, this coming year if we want to progress on the excellent work of the events team we will be looking for further help from our friends, the help can be anything you want all is gratefully accepted. ## **9. Paul Griffin** - Finally I must mention that our Past Chairman Paul Griffin has stepped down from duties as a trustee and friend after giving in excess of 10 years volunteering at the castle. I would like to thank Paul for all his past work as Chairman and the excellent support he has given as a trustee and help given to other ‘Friends’. ## **10. 2023** - Looking forward, let us hope that this year 2023 is a successful one, and we continue to make progress since reopening fully. With a number of big issues in the pipeline we can look forward with great optimism to make the castle one of the cornerstones for attracting visitors for the county and benefiting our local community. 5 ## Appendix 1 Friends of Oystermouth Castle Accounts 2022.pdf Paul Lewis Vice Chairman 5 March January 2023 6 Charity No **Friends of Oystermouth Castle 1011377** (if any) Annual accounts for the period Period end Period start date **01/01/22 To 31/12/22** date ## **Section A Statement of financial activities Section A** |Guidance Notes
**Total funds**
**£**
**£**
**£**
**£**
**£**
**Incoming resources (Note 3)**
F01
F02
F03
F04
F05
**Income and endowments from:**
Donations and legacies
S01
2,000
36,669
-
38,669
10,629
Charitable activities
S02
62,988
-
-
62,988
715
Other trading activities
S03
4,141
-
-
4,141
5,266
Investments
S04
154
-
-
154
3
Separate material item of income
S05
-
-
-
-
-
Other
S06
-
-
-
-
-
**_Total_**
S07
69,283
36,669
-
105,952
16,613
**Resources expended (Note 6)**
**Expenditure on:**
Raising funds
S08
17,053
-
-
17,053
44
Charitable activities
S09
9,246
36,669
-
45,916
27,849
Separate material item of expense
S10
-
-
-
-
-
Other
S11
150
-
-
150
100
**_Total_**
S12
26,450
36,669
-
63,119
27,994
S13
42,833
-
-
42,833
-11,381
Net gains/(losses) on investments
S14
-
-
-
-
-
**Net income/(expenditure)**
S15
42,833
-
-
42,833
-11,381
**Extraordinary items**
S16
-
-
-
-
-
**Transfers between funds**
S17
-
-
-
-
-
Gains and losses on revaluation of fixed assets for the charity’s own use
S18
-
-
-
-
-
Other gains/(losses)
S19
-
-
-
-
-
**_Net movement in funds_**
S20
42,833
-
-
42,833
-11,381
**_Reconciliation of funds:_**
Total funds brought forward
S21
44,870
-
-
44,870
56,251
**_Total funds carried forward_**
S22
87,703
-
-
87,703
44,870
**Recommended categories by**
**activity**
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Prior year**
**funds**
**Net income/(expenditure) before investment gains/**
**(losses)**
**Other recognised** **gains/(losses):**|Guidance Notes
**Total funds**
**£**
**£**
**£**
**£**
**£**
**Incoming resources (Note 3)**
F01
F02
F03
F04
F05
**Income and endowments from:**
Donations and legacies
S01
2,000
36,669
-
38,669
10,629
Charitable activities
S02
62,988
-
-
62,988
715
Other trading activities
S03
4,141
-
-
4,141
5,266
Investments
S04
154
-
-
154
3
Separate material item of income
S05
-
-
-
-
-
Other
S06
-
-
-
-
-
**_Total_**
S07
69,283
36,669
-
105,952
16,613
**Resources expended (Note 6)**
**Expenditure on:**
Raising funds
S08
17,053
-
-
17,053
44
Charitable activities
S09
9,246
36,669
-
45,916
27,849
Separate material item of expense
S10
-
-
-
-
-
Other
S11
150
-
-
150
100
**_Total_**
S12
26,450
36,669
-
63,119
27,994
S13
42,833
-
-
42,833
-11,381
Net gains/(losses) on investments
S14
-
-
-
-
-
**Net income/(expenditure)**
S15
42,833
-
-
42,833
-11,381
**Extraordinary items**
S16
-
-
-
-
-
**Transfers between funds**
S17
-
-
-
-
-
Gains and losses on revaluation of fixed assets for the charity’s own use
S18
-
-
-
-
-
Other gains/(losses)
S19
-
-
-
-
-
**_Net movement in funds_**
S20
42,833
-
-
42,833
-11,381
**_Reconciliation of funds:_**
Total funds brought forward
S21
44,870
-
-
44,870
56,251
**_Total funds carried forward_**
S22
87,703
-
-
87,703
44,870
**Recommended categories by**
**activity**
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Prior year**
**funds**
**Net income/(expenditure) before investment gains/**
**(losses)**
**Other recognised** **gains/(losses):**|Guidance Notes
**Total funds**
**£**
**£**
**£**
**£**
**£**
**Incoming resources (Note 3)**
F01
F02
F03
F04
F05
**Income and endowments from:**
Donations and legacies
S01
2,000
36,669
-
38,669
10,629
Charitable activities
S02
62,988
-
-
62,988
715
Other trading activities
S03
4,141
-
-
4,141
5,266
Investments
S04
154
-
-
154
3
Separate material item of income
S05
-
-
-
-
-
Other
S06
-
-
-
-
-
**_Total_**
S07
69,283
36,669
-
105,952
16,613
**Resources expended (Note 6)**
**Expenditure on:**
Raising funds
S08
17,053
-
-
17,053
44
Charitable activities
S09
9,246
36,669
-
45,916
27,849
Separate material item of expense
S10
-
-
-
-
-
Other
S11
150
-
-
150
100
**_Total_**
S12
26,450
36,669
-
63,119
27,994
S13
42,833
-
-
42,833
-11,381
Net gains/(losses) on investments
S14
-
-
-
-
-
**Net income/(expenditure)**
S15
42,833
-
-
42,833
-11,381
**Extraordinary items**
S16
-
-
-
-
-
**Transfers between funds**
S17
-
-
-
-
-
Gains and losses on revaluation of fixed assets for the charity’s own use
S18
-
-
-
-
-
Other gains/(losses)
S19
-
-
-
-
-
**_Net movement in funds_**
S20
42,833
-
-
42,833
-11,381
**_Reconciliation of funds:_**
Total funds brought forward
S21
44,870
-
-
44,870
56,251
**_Total funds carried forward_**
S22
87,703
-
-
87,703
44,870
**Recommended categories by**
**activity**
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Prior year**
**funds**
**Net income/(expenditure) before investment gains/**
**(losses)**
**Other recognised** **gains/(losses):**|Guidance Notes
**Total funds**
**£**
**£**
**£**
**£**
**£**
**Incoming resources (Note 3)**
F01
F02
F03
F04
F05
**Income and endowments from:**
Donations and legacies
S01
2,000
36,669
-
38,669
10,629
Charitable activities
S02
62,988
-
-
62,988
715
Other trading activities
S03
4,141
-
-
4,141
5,266
Investments
S04
154
-
-
154
3
Separate material item of income
S05
-
-
-
-
-
Other
S06
-
-
-
-
-
**_Total_**
S07
69,283
36,669
-
105,952
16,613
**Resources expended (Note 6)**
**Expenditure on:**
Raising funds
S08
17,053
-
-
17,053
44
Charitable activities
S09
9,246
36,669
-
45,916
27,849
Separate material item of expense
S10
-
-
-
-
-
Other
S11
150
-
-
150
100
**_Total_**
S12
26,450
36,669
-
63,119
27,994
S13
42,833
-
-
42,833
-11,381
Net gains/(losses) on investments
S14
-
-
-
-
-
**Net income/(expenditure)**
S15
42,833
-
-
42,833
-11,381
**Extraordinary items**
S16
-
-
-
-
-
**Transfers between funds**
S17
-
-
-
-
-
Gains and losses on revaluation of fixed assets for the charity’s own use
S18
-
-
-
-
-
Other gains/(losses)
S19
-
-
-
-
-
**_Net movement in funds_**
S20
42,833
-
-
42,833
-11,381
**_Reconciliation of funds:_**
Total funds brought forward
S21
44,870
-
-
44,870
56,251
**_Total funds carried forward_**
S22
87,703
-
-
87,703
44,870
**Recommended categories by**
**activity**
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Prior year**
**funds**
**Net income/(expenditure) before investment gains/**
**(losses)**
**Other recognised** **gains/(losses):**|Guidance Notes
**Total funds**
**£**
**£**
**£**
**£**
**£**
**Incoming resources (Note 3)**
F01
F02
F03
F04
F05
**Income and endowments from:**
Donations and legacies
S01
2,000
36,669
-
38,669
10,629
Charitable activities
S02
62,988
-
-
62,988
715
Other trading activities
S03
4,141
-
-
4,141
5,266
Investments
S04
154
-
-
154
3
Separate material item of income
S05
-
-
-
-
-
Other
S06
-
-
-
-
-
**_Total_**
S07
69,283
36,669
-
105,952
16,613
**Resources expended (Note 6)**
**Expenditure on:**
Raising funds
S08
17,053
-
-
17,053
44
Charitable activities
S09
9,246
36,669
-
45,916
27,849
Separate material item of expense
S10
-
-
-
-
-
Other
S11
150
-
-
150
100
**_Total_**
S12
26,450
36,669
-
63,119
27,994
S13
42,833
-
-
42,833
-11,381
Net gains/(losses) on investments
S14
-
-
-
-
-
**Net income/(expenditure)**
S15
42,833
-
-
42,833
-11,381
**Extraordinary items**
S16
-
-
-
-
-
**Transfers between funds**
S17
-
-
-
-
-
Gains and losses on revaluation of fixed assets for the charity’s own use
S18
-
-
-
-
-
Other gains/(losses)
S19
-
-
-
-
-
**_Net movement in funds_**
S20
42,833
-
-
42,833
-11,381
**_Reconciliation of funds:_**
Total funds brought forward
S21
44,870
-
-
44,870
56,251
**_Total funds carried forward_**
S22
87,703
-
-
87,703
44,870
**Recommended categories by**
**activity**
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Prior year**
**funds**
**Net income/(expenditure) before investment gains/**
**(losses)**
**Other recognised** **gains/(losses):**|Guidance Notes
**Total funds**
**£**
**£**
**£**
**£**
**£**
**Incoming resources (Note 3)**
F01
F02
F03
F04
F05
**Income and endowments from:**
Donations and legacies
S01
2,000
36,669
-
38,669
10,629
Charitable activities
S02
62,988
-
-
62,988
715
Other trading activities
S03
4,141
-
-
4,141
5,266
Investments
S04
154
-
-
154
3
Separate material item of income
S05
-
-
-
-
-
Other
S06
-
-
-
-
-
**_Total_**
S07
69,283
36,669
-
105,952
16,613
**Resources expended (Note 6)**
**Expenditure on:**
Raising funds
S08
17,053
-
-
17,053
44
Charitable activities
S09
9,246
36,669
-
45,916
27,849
Separate material item of expense
S10
-
-
-
-
-
Other
S11
150
-
-
150
100
**_Total_**
S12
26,450
36,669
-
63,119
27,994
S13
42,833
-
-
42,833
-11,381
Net gains/(losses) on investments
S14
-
-
-
-
-
**Net income/(expenditure)**
S15
42,833
-
-
42,833
-11,381
**Extraordinary items**
S16
-
-
-
-
-
**Transfers between funds**
S17
-
-
-
-
-
Gains and losses on revaluation of fixed assets for the charity’s own use
S18
-
-
-
-
-
Other gains/(losses)
S19
-
-
-
-
-
**_Net movement in funds_**
S20
42,833
-
-
42,833
-11,381
**_Reconciliation of funds:_**
Total funds brought forward
S21
44,870
-
-
44,870
56,251
**_Total funds carried forward_**
S22
87,703
-
-
87,703
44,870
**Recommended categories by**
**activity**
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Prior year**
**funds**
**Net income/(expenditure) before investment gains/**
**(losses)**
**Other recognised** **gains/(losses):**| |---|---|---|---|---|---| ||-|-|-|-|-| ||-|-|-|-|-| ||42,833|-|-|42,833|-11,381| ||||||| ||44,870|-|-|44,870|56,251| ||87,703|-|-|87,703|44,870| ## **Section B Balance sheet** |**Section B Balance sheet**|**Section B Balance sheet**|**Section B Balance sheet**|**Section B Balance sheet**| |---|---|---|---| |Guidance Notes
**£**
**£**
**£**
**£**
**£**
**Fixed assets**
F01
F02
F03
F04
F05
**Intangible assets (Note 15)**
B01
-
-
-
-
-
**Tangible assets (Note 14)**
B02
-
-
-
-
-
**Heritage assets (Note 16)**
B03
-
-
-
-
-
**Investments (Note 17)**
B04
-
-
-
-
-
**_Total fixed assets_**
B05
-
-
-
-
-
**Current assets**
**Stocks (Note 18)**
B06
632
-
-
632
2,145
**Debtors (Note 19)**
B07
4,204
-
-
4,204
5,162
**Investments (Note 17.4)**
B08
-
-
-
-
-
**Cash at bank and in hand (Note 24)**
B09
83,017
57,677
-
140,694
132,009
**_Total current assets_**
B10
87,853
57,677
-
145,530
139,316
B11
150
57,677
-
57,827
94,446
**_Net current assets/(liabilities)_**
B12
87,703
-
-
87,703
44,870
**_Total assets less current liabilities_**
B13
87,703
-
**-**
87,703
44,870
B14
-
-
-
-
-
**Provisions for liabilities**
B15
-
-
-
-
-
**_Total net assets or liabilities_**
B16
87,703
-
-
87,703
44,870
**Funds of the Charity**
**Endowment funds (Note 27)**
B17
-
-
-
B18
-
-
-
**Unrestricted funds**
B19
87,703
-
87,703
44,870
**Revaluation reserve**
B20
-
**_Total funds_**
B21
87,703
-
-
87,703
44,870
Signature
Print Name
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total this**
**year**
**Total last**
**year**
**Creditors: amounts falling due within**
**one year (Note 20)**
**Creditors: amounts falling due after**
**one year (Note 20)**
**Restricted income funds (Note 27)**
Signed by one or two trustees on behalf of all
the trustees
Date of
approval
dd/mm/yyyy|||| ||Signature|Print Name|Date of
approval
dd/mm/yyyy| ||||| ||||| CC17a (Excel) 07/03/2023 2 ## **Section C Notes to the accounts** Note 1 **Basis of preparation** _**This section should be completed by all charities** ._ ## **1.1 Basis of accounting** These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The accounts have been prepared in accordance with: the Statement of Recommended Practice: Accounting and Reporting by Charities • and with* ü preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 • and with* ü the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) - and with the Charities Act 2011. The charity constitutes a public benefit entity as defined by FRS 102.* ü * -Tick as appropriate ## **1.2 Going concern** _**If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:**_ An explanation as to those factors that support _**Not applicable**_ the conclusion that the charity is a going concern; Disclosure of any uncertainties that make the _**Not applicable**_ going concern assumption doubtful; Where accounts are not prepared on a going _**Not applicable**_ concern basis, please disclose this fact together with the basis on which the trustees prepared the accounts and the reason why the charity is not regarded as a going concern. ## **1.3 Change of accounting policy** The accounts present a true and fair view and the accounting policies adopted are those outlined in note { }. Yes* * -Tick as appropriate No* ## _**Please disclose:**_ - _**(i) the nature of the change in accounting policy;**_ _**(ii) the reasons why applying the new accounting policy provides more reliable and more relevant information; and**_ _**(iii) the amount of the adjustment for each line affected in the current period, each prior period presented and the aggregate amount of the adjustment relating to periods before those presented, 3.44 FRS 102 SORP.**_ ## **1.4 Changes to accounting estimates** No changes to accounting estimates have occurred in the reporting period (3.46 FRS 102 SORP). Yes* ü * -Tick as appropriate No* _**Please disclose: (i) the nature of any changes;**_ N/A _**(ii) the effect of the change on income and expense or assets and liabilities for the current period; and**_ N/A _**(iii) where practicable, the effect of the change in one or** N/A_ _**more future periods.**_ ## **1.5 Material prior year errors** No material prior year error have been identified in the reporting period (3.47 FRS 102 SORP). Yes* ü * -Tick as appropriate No* _**Please disclose: (i) the nature of the prior period error;**_ N/A _**(ii) for each prior period presented in the accounts, the amount of the correction for each account line item affected; and**_ N/A _**(iii) the amount of the correction at the beginning of the** N/A_ _**earliest prior period presented in the accounts.**_ CC17a (Excel) 07/03/2023 3 ## **Section C Notes to the accounts** ## **Note 2 Accounting policies** _Please complete this note when first reporting under FRS2102. Section 35 of FRS102, requires 3 reconciliations to be presented, if all are applicable._ ## **2.1 RECONCILIATION WITH PREVIOUS GENERALLY ACCEPTED ACCOUNTING PRACTICE** **Please provide a description of the nature of each change N/A in accounting policy** _**Reconcilation of funds per previous GAAP to funds determined under FRS 102**_ **Start of End of period period £ £ Fund balances as previously stated** _**Adjustments: N/A**_ **Fund balance as restated** _**Reconcilation of net income/(net expenditure) per previous GAAP to net income/(net expenditure) under FRS 102**_ **End of period£ Net income/(expenditure) as previously stated** _**Adjustments: N/A**_ **Previous period net income/(expenditure) as restated** CC17a (Excel) 07/03/2023 4 **Section C Notes to the accounts (cont)** ## **Note 2 Accounting policies 2.2 INCOME** _This standard list of accounting policies has been applied by the charity except for those ticked "No" or "N/a". Where a different or additional policy has been adopted then this is detailed in the box below._ |**Recognition of income**|These are included in the Statement of Financial Activities (SoFA) when:|||| |---|---|---|---|---| ||· the charity becomes entitled to the resources;· the charity becomes entitled to the|||| ||· it is more likely than not that the trustees will receive the resources; and|Yes|No|N/a| ||· the monetary value can be measured with sufficient reliability.· the monetary value can|ü||| |**Offsetting**|There has been no offsetting of assets and liabilities, or income and expenses, unless required
or permitted by the FRS 102 SORP or FRS 102.|Yes
ü|No|N/a| ||Grants and donations are only included in the SoFA when the general income|Yes|No|N/a| |**Grants and donations**|recognition criteria are met (5.10 to 5.12 FRS102 SORP).|ü||| ||In the case of performance related grants, income must only be recognised to the extent|Yes|No|N/a| ||that the charity has provided the specified goods or services as entitlement to the grant|||| ||only occurs when the performance related conditions are met (5.16 FRS 102 SORP).|||ü| |**Legacies**|Legacies are included in the SOFA when receipt is probable, that is, when there has|Yes|No|N/a| ||been grant of probate, the executors have established that there are sufficient assets in|||| ||the estate and any conditions attached to the legacy are either within the control of the|||ü| ||charity or have been met.|||| |**Government grants**|The charity has received government grants in the reporting period|Yes
ü|No|N/a| ||Gift Aid receivable is included in income when there is a valid declaration from the donor.|||| |**Tax reclaims on donations**|
Any Gift Aid amount recovered on a donation is considered to be part of that gift and is|Yes|No|N/a| |**and gifts**|treated as an addition to the same fund as the initial donation unless the donor or the
terms of the appeal have specified otherwise.|||ü| |**Contractual income and**|This is only included in the SoFA once the charity has provided the related goods or|Yes|No|N/a| |**performance related**|services or met the performance related conditions.|||ü| |**grants**||||| |||Yes|No|N/a| |**Donated goods**|Donated goods are measured at fair value (the amount for which the asset could be
exchanged) unless impractical to do so.|||ü| ||The cost of any stock of goods donated for distribution to beneficiaries is deemed to be|Yes|No|N/a| ||the fair value of those gifts at the time of their receipt and they are recognised on receipt.|||| ||In the reporting period in which the stocks are distributed, they are recognised as an|||ü| ||expense at the carrying amount of the stocks at distribution.|||| ||Donated goods for resale are measured at fair value on initial recognition, which is the|||| ||expected proceeds from sale less the expected costs of sale, and recognised in 'Income|Yes|No|N/a| ||from other trading activities' with the corresponding stock recognised in the balance|||| ||sheet. On its sale the value of stock is charged against 'Income from other trading
activities' and the proceeds from sale are also recognised as 'Income from other trading|||ü| ||activities'.|||| ||Goods donated for on-going use by the charity are recognised as tangible fixed assets
and included in the SoFA as incoming resources when receivable.|Yes|No|N/a
ü| |||Yes|No|N/a| ||Gifts in kind for use by the charity are included in the SoFA as income from donations|||| ||when receivable.|||ü| |**Donated services and**|Donated services and facilities are included in the SOFA when received at the value of|Yes|No|N/a| |**facilities**|the gift to the charity provided the value of the gift can be measured reliably.|||ü| ||Donated services and facilities that are consumed immediately are recognised as|Yes|No|N/a| ||income with an equivalent amount recognised as an expense under the appropriate
heading in the SOFA.|||ü| |||Yes|No|N/a| |**Support costs**|The charity has incurred expenditure on support costs.|||ü| |**Volunteer help**|The value of any voluntary help received is not included in the accounts but is described
in the trustees’ annual report.|Yes
Yes|No
No|N/a
ü
N/a| |**Income from interest,**|This is included in the accounts when receipt is probable and the amount receivable can|||| |**royalties and dividends**|be measured reliably.|ü
Yes|No|N/a| |**Income from membership**|Membership subscriptions received in the nature of a gift are recognised in Donations|||| |**subscriptions**|and Legacies.|||ü| ||Membership subscriptions which gives a member the right to buy services or other|Yes|No|N/a| ||Membership subscriptions which gives a member the right to buy services or other|||| |---|---|---|---|---| |**Settlement of insurance**
**claims**
**Investment gains and**|benefits are recognised as income earned from the provision of goods and services as
income from charitable activities.
Insurance claims are only included in the SoFA when the general income recognition
criteria are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other
income in the SoFA.
This includes any realised or unrealised gains or losses on the sale of investments and|Yes
Yes|No
No|ü
N/a
ü
N/a| |**losses**|any gain or loss resulting from revaluing investments to market value at the end of the|||ü| ||year.|||| |**2.3 EXPENDITURE**|**AND LIABILITIES**|||| |**Liability recognition**|Liabilities are recognised where it is more likely than not that there is a legal or|Yes|No|N/a| ||constructive obligation committing the charity to pay out resources and the amount of the
obligation can be measured with reasonable certainty.|ü
Yes|No|N/a| |**Governance and support**
**costs**|Support costs have been allocated between governance costs and other support.
Governance costs comprise all costs involving public accountability of the charity and its
compliance with regulation and good practice.|||ü| ||Support costs include central functions and have been allocated to activity cost|Yes|No|N/a| ||categories on a basis consistent with the use of resources, eg allocating property costs
by floor areas, or per capita, staff costs by the time spent and other costs by their usage.|||ü| |**Grants with performance**
**conditions**|Where the charity gives a grant with conditions for its payment being a specific level of
service or output to be provided, such grants are only recognised in the SoFA once the
recipient of the grant has provided the specified service or output.|Yes|No|N/a
ü| |**Redundancy cost**
**Grants payable without**
**performance conditions**|The charity made no redundancy payments during the reporting period.
Where there are no conditions attaching to the grant that enables the donor charity to
realistically avoid the commitment, a liability for the full funding obligation must be
recognised.|Yes
Yes|No
No|N/a
ü
N/a
ü| |**Deferred income**|No material item of deferred income has been included in the accounts.|Yes
Yes|No
ü
No|N/a
N/a| |**Creditors**|The charity has creditors which are measured at settlement amounts less any trade
discounts|ü||| |**Provisions for liabilities**|A liability is measured on recognition at its historical cost and then subsequently
measured at the best estimate of the amount required to settle the obligation at the
reporting date|Yes
ü|No|N/a| |**Basic financial**
**instruments**|The charity accounts for basic financial instruments on initial recognition as per
paragraph 10.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17
to 11.19, FRS102 SORP.|Yes
ü|No|N/a| |**2.4 ASSETS**||||| |**Tangible fixed assets for**|These are capitalised if they can be used for more than one year, and cost at least|||| |**use by charity**||||| ||They are valued at cost.|Yes|No|N/a
ü| ||The depreciation rates and methods used are disclosed in note 9.2.|||| |**Intangible fixed assets**|The charity has intangible fixed assets, that is, non-monetary assets that do not have|Yes|No|N/a| ||physical substance but are identifiable and are controlled by the charity through custody|||| ||or legal rights. The amortisation rates and methods used are disclosed in note 9.5|Yes|No|ü
N/a| ||They are valued at cost.|||ü| |**Heritage assets**|The charity has heritage assets, that is, non-monetary assets with historic, artistic,
scientific, technological, geophysical or environmental qualities that are held and|Yes|No|N/a| ||maintained principally for their contribution to knowledge and culture. The depreciation
rates and methods used as disclosed in note 9.6.1.4.|||ü| ||They are valued at cost.|Yes|No|N/a
ü| |**Investments**|Fixed asset investments in quoted shares, traded bonds and similar investments are|||| ||valued at initially at cost and subsequently at fair value (their market value) at the year|Yes|No|N/a| ||end. The same treatment is applied to unlisted investments unless fair value cannot be
measured reliably in which case it is measured at cost less impairment.Fixed asset|||ü| ||investments in quoted shares traded bonds and similar investments are valued at
Investments held for resale or pending their sale and cash and cash equivalents with a|Yes|No|N/a| ||maturity date of less than 1 year are treated as current asset investments|||ü| |**Stocks and work in**|Stocks held for sale as part of non-charitable trade are measured at the lower or cost or net|Yes|No|N/a| |**progress**|realisable value.|||ü| ||Goods or services provided as part of a charitable activity are measured at net realisable value|Yes|No|N/a| ||based on the service potential provided by items of stock.|ü
Yes|No|N/a| W k i i l d l f bl l h i lik l h |Work in progress is valued at cost less any foreseeable loss that is likely to occur on the contract.
ü
**Debtors**
Yes
No
N/a
ü
**Current asset investments**
Yes
No
N/a
ü
Yes
No
N/a
They are valued at fair value except where they qualify as basic financial instruments.
ü
Debtors (including trade debtors and loans receivable) are measured on initial recognition at
settlement amount after any trade discounts or amount advanced by the charity. Subsequently,
they are measured at the cash or other consideration expected to be received.
The charity has has investments which it holds for resale or pending their sale and cash and
cash equivalents with a maturity date less than one year. These include cash on deposit and
cash equivalents with a maturity date of less than one year held for investment purposes rather
than to meet short term cash commitments as they fall due.|||ü| |---|---|---|---| ||||ü| ## **POLICIES ADOPTED ADDITIONAL TO OR DIFFERENT FROM THOSE ABOVE** **N/A** **Section C Notes to the accounts (cont)** ## **Note 3 Analysis of income** **----- Start of picture text -----**
Restricted
Unrestricted income Endowment
funds funds funds Total funds Prior year
Analysis £ £
Donations Donations and gifts etc 2,000 - - 2,000 403
and legacies: Gift Aid - - - - -
Legacies - - - - -
General grants provided by government/other
charities - 36,669 - 36,669 10,226
Membership subscriptions and sponsorships
which are in substance donations - - - - -
Donated goods, facilities and services - - - - -
Other - - - - -
Total 2,000 36,669 - 38,669 10,629
Charitable Entrance Fees
activities: 53,594 - - 53,594 -
Shop Sales 8,986 - - 8,986 247
Overseas Visitors - - - - -
School Visits 408 - - 408 468
- - - - -
- - - - -
- - - - -
Other - - - - -
Total 62,988 - - 62,988 715
Other trading Events
activities: 4,141 - - 4,141 1,380
Tours & Craft - - - - 3,886
Tea/Coffee at Halloween event - - - - -
Other - - - - -
Total 4,141 - - 4,141 5,266
Income from Interest income 154 - - 154 3
investments: Dividend income - - - - -
Rental and leasing income - - - - -
Other - - - - -
Total 154 - - 154 3
Separate - - - - -
material item - - - - -
of income: - - - - -
- - - - -
Total - - - - -
Other: Conversion of endowment funds into income - - - - -
Gain on disposal of a tangible fixed asset held
for charity's own use - - - - -
Gain on disposal of a programme related
investment - - - - -
Royalties from the exploitation of intellectual
property rights - - - - -
Other - - - - -
Total - - - - -
TOTAL INCOME 69,283 36,669 - 105,952 16,613
Other information:
All income in the prior year was unrestricted except for: (please
provide description and amounts)
Where any endowment fund is converted into income in the
reporting period, please give the reason for the conversion.
Within the income items above the following items are material:
(please disclose the nature, amount and any prior year
amounts)
**----- End of picture text -----**
CC17a (Excel) 07/03/2023 8 **Section C Notes to the accounts (cont)** ## **Note 4 Analysis of receipts of government grants** |||**This year**|**Last year**| |---|---|---|---| |**Government grant 1**|**Description**
VSEF Local grant (Covid PPE Equipment)|**£**
-|**£**
300| |**Government grant 2**|Welsh Government (Castle Conservation/Devt)
36,669||4,655| |**Government grant 3**|ICF Covid capital equipment|-|5,271| |**Other**||-
**Total**
36,669|-
10,226| |**_Please provide details of any_**|||| |**_unfulfilled conditions and other_**|||| |**_contingencies attaching to grants that_**|||| |**_have been recognised in income._**|||| |**_Please give details of other forms of_**|||| |**_government assistance from which_**|||| |**_the charity has directly benefited._**|||| CC17a (Excel) 07/03/2023 9 **Section C Notes to the accounts (cont)** ## **Note 5 Donated goods, facilities and services** ||**This year**|**Last year**| |---|---|---| |**Seconded staff**|**£**
-|**£**
-| |**Use of property**|-|-| |**Other**|-|-| |**Please provide details of the**
**accounting policy for the recognition**
**and valuation of donated goods,**
**facilities and services.**
**Please provide details of any**
**unfulfilled conditions and other**
**contingencies attaching to resources**
**from donated goods and services not**
**recognised in income.**|-|-| |**Please give details of other forms of**
**other donated goods and services not**
**recognised in the accounts, eg**
**contribution of unpaid volunteers.**||| CC17a (Excel) 07/03/2023 10 **Section C Notes to the accounts (cont)** ## **Note 6 Analysis of expenditure** **----- Start of picture text -----**
Restricted
Unrestricted income Endowment
funds funds funds Total funds Prior year
Analysis £ £
Expenditure on raising funds: Incurred seeking donations - - - - -
Incurred seeking legacies
- - - - -
Incurred seeking grants
- - - - -
Operating membership schemes and social
lotteries
- - - - -
Staging fundraising events
6,789 - - 6,789 44
Fudraising agents
- - - - -
Operating charity shops
- - - - -
Operating a trading company undertaking non-
charitable trading activity
- - - - -
Advertising, marketing, direct mail and publicity
10,264 - - 10,264 -
Start up costs incurred in generating new
source of future income
- - - - -
Database development costs - - - - -
Other trading activities - - - - -
Investment management costs: - - - - -
Portfolio management costs - - - - -
Cost of obtaining investment advice
- - - - -
Investment administration costs
- - - - -
Intellectual property licencing costs
- - - - -
Rent collection, property repairs and
maintenance charges - - - - -
- - - - -
Total expenditure on raising funds 17,053 - - 17,053 44
Expenditure on Events & Performances - - - - -
charitable
activities Refreshments - - - - -
Equipment (general) - - - - -
General Office incl. Printing & Stationery 179 - - 179 212
Signage for Castle - - - - 434
Insurance 436 - - 436 337
Bank Charges 1,628 - - 1,628 550
Covid Capital Equipment & PPE - - - - 5,736
AGM / Meetings 113 113 -
Cleaning 166 166 -
Glass bridge inspection - - - - 900
Christmas Crusaders - - - - 350
Miscellaneous 70 - - 70 100
Castle Marketing - - - - 3,233
Christmas Celebration to thank Volunteers - - - - 860
**----- End of picture text -----**
CC17a (Excel) 07/03/2023 11 **----- Start of picture text -----**
Castle Maintenance/Co-ord Salary Contrib. 397 36,669 - 37,066 14,000
General Maintenance - - - - 56
Volunteer Expenses & Travel 1,661 - - 1,661 750
Donations Made - - - - 60
Shop Stock 4,596 - - 4,596 271
Total expenditure on charitable activities
9,246 36,669 -
45,916 27,849
Separate material item of expense - - - - -
- - - - -
- - - - -
- - - - -
Total - - - - -
Other
Accounts preparation & Indep. Exam. 150 - - 150 100
- - - - -
- - - - -
- - - - -
Total other expenditure 150 - - 150 100
TOTAL EXPENDITURE 26,450 36,669 - 63,119 27,994
**----- End of picture text -----**
## **Other information:** ## **Analysis of expenditure on charitable activities** **----- Start of picture text -----**
Grant
Activity or Support Total this Total prior
programme Activities undertaken directly funding of activities Costs year year
£ £ £ £ £
Activity 1
Activity 2
Other
Total
**----- End of picture text -----**
**Prior year expenditure on charitable activities can be analysed as follows:** **Within the expenditure items above the following items are material: (please disclose the nature, amount and any prior year amounts)** CC17a (Excel) 07/03/2023 12 **Section C Notes to the accounts (cont)** ## **Note 7 Extraordinary items** ## _**Please explain the nature of each extraordinary item occurring in the period.**_ |**Description**
**This year**
**Last year**
**£**
**£**
**Extraordinary item 1**
-
-
**Extraordinary item 2**
-
-
-
-
**Extraordinary item 3**
-
-
**Extraordinary item 4**
-
-
**Total extraordinary items**
-
-|**Description**
**This year**
**Last year**
**£**
**£**
**Extraordinary item 1**
-
-
**Extraordinary item 2**
-
-
-
-
**Extraordinary item 3**
-
-
**Extraordinary item 4**
-
-
**Total extraordinary items**
-
-|**Description**
**This year**
**Last year**
**£**
**£**
**Extraordinary item 1**
-
-
**Extraordinary item 2**
-
-
-
-
**Extraordinary item 3**
-
-
**Extraordinary item 4**
-
-
**Total extraordinary items**
-
-|**Description**
**This year**
**Last year**
**£**
**£**
**Extraordinary item 1**
-
-
**Extraordinary item 2**
-
-
-
-
**Extraordinary item 3**
-
-
**Extraordinary item 4**
-
-
**Total extraordinary items**
-
-| |---|---|---|---| |||-|-| ||||-| |||-|-| ||||| |||-|-| |||-|-| CC17a (Excel) 07/03/2023 13 **Section C Notes to the accounts** ## **Note 8 Funds received as agent** _**8.1 Please complete this note if the charity has agreed to administer the funds of another entity as its agent. Note: If a charity is acting as an agent, it should not recognise the income in the Statement of Financial Activities or the Balance Sheet.**_ **----- Start of picture text -----**
Amount received Amount paid out Balance held at period end
Description/name of party Related
party (Yes or This year Last year This year Last year This year Last year
No) £ £ £ £ £ £
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
Total - - - - - -
**----- End of picture text -----**
_**8.2 Where a consortia or similar arrangement exists whereby 2 or more charities co-operate to achieve economies in the purchase of goods or services, please discose details of any balances outstanding between any participating members.**_ **----- Start of picture text -----**
Description/name of party
Balance held at period end
This year Last year
£ £
- -
- -
- -
- -
- -
Total - -
**----- End of picture text -----**
CC17a (Excel) 07/03/2023 14 **Section C Notes to the accounts** ## **Note 9 Support Costs** _**Please complete this note if the charity has analysed its expenses using activity categories and has support costs.**_ **----- Start of picture text -----**
Basis of
Raising funds Activity 1 Activity 2 Activity 3 Grand total allocation
Support cost (Describe
(examples) £ £ £ £ £ method)
- - - -
Governance
- - - -
- - - -
- - - -
Other - - - -
- - - -
Total
**----- End of picture text -----**
_**Please provide details of the accounting policy adopted for the apportionment of costs between activities and any estimation techniques used to calculate their apportionment.**_ CC17a (Excel) 07/03/2023 15 **Section C Notes to the accounts** ## **Note 10 Details of certain items of expenditure** ## **10.1 Fees for examination of the accounts** _**Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner. If nothing was paid please enter '0' in the appropriate box(es).**_ |**_Please provide details of the amount paid for any statutory external scrutiny of_**
**_accounts and other services provided by your independent examiner. If nothing_**
**_was paid please enter '0' in the appropriate box(es)._**||| |---|---|---| |**Independent examiner’s fees**
**Assurance services other than audit or independent examination**
**Tax advisory fees**
**Other fees (for example: financial advice, consultancy, accountancy services) paid**
**to the independent examiner**|**This year**
**£**|**Last year**
**£**| ||150|100| ||0|0| ||0|0| ||0|0| CC17a (Excel) 07/03/2023 16 **Section C Notes to the accounts (cont)** ## **Note 11 Paid employees** _**Please complete this note if the charity has any employees.**_ ## **11.1 Staff Costs** |**Salaries and wages**
**Social security costs**
**Pension costs (defined contribution scheme)**
**Other employee benefits**
**Total staff costs**|**This year**
**£**|**Last year**
**£**| |---|---|---| ||-|-| ||-|-| |||| ||-|-| ||-|-| **Please provide details of expenditure on staff working for the charity whose contracts are with and are paid by a related party** _**Please give details of the number of employees whose total employee benefits (excluding employer pension costs) fell within each band of £10,000 from £60,000 upwards. If there are no such transactions, please enter 'true' in the box provided.**_ **No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000** **----- Start of picture text -----**
Band Number of employees
£60,000 to £69,999
£70,000 to £79,999
£80,000 to £89,999
£90,000 to £99,999
£100,000 to £109,999
**----- End of picture text -----**
**Please provide the total amount paid to key management personnel (includes trustees and senior management) for their services to the charity** ## **11.2 Average head count in the year** **The parts of the charity in which the employees work** **----- Start of picture text -----**
This year Last year
Number Number
Fundraising - -
Charitable Activities - -
Governance - -
Other - -
Total - -
**----- End of picture text -----**
CC17a (Excel) 07/03/2023 17 ## **11.3 Ex-gratia payments to employees and others (excluding trustees)** _**Please complete if an ex-gratia payment is made.**_ **Please explain the nature of the payment** **Please state the legal authority or reason for making the payment** **Please state the amount of the payment (or value of any waiver of a right to an asset)** ## **11.4 Redundancy payments** ## _**Please complete if any redundancy or termination payment is made in the period.**_ ## **Total amount of payment** **The nature of the payment (cash, asset etc.)** **The extent of redundancy funding at the balance sheet date** **Please state the accounting policy for any redundancy or termination payments** CC17a (Excel) 07/03/2023 18 **Section C Notes to the accounts (cont)** **Note 12 Defined contribution pension scheme or defined benefit scheme accounted for as a defined contribution scheme.** ## _**12.1 Please complete this note if a defined contribution pension scheme is operated.**_ **Amount of contributions recognised in the SOFA as an expense Please explain the basis for allocating the liability and expense of defined contribution pension scheme between activities and between restricted and unrestricted funds.** _**12.2 Please complete this section where the charity participates in a defined benefit pension plan but is unable to ascertain its share of the underlying assets and liabilities.**_ **Please confirm that altough the scheme is accounted for as a defined contribution plan, it is a defined benefit plan.** **Please provide such information as is available about the plan's surplus or deficit and the implications, if any, for the reporting charity** _**12.3 Please complete this section where the charity participates in a multi-employer defined benefit pension plan that is accounted for as a defined contribution plan.**_ **Describe the extent to which the charity can be liable to the plan for other entities' obligations under the terms and conditions of the multi-employer plan** CC17a (Excel) 07/03/2023 19 **Section C Notes to the accounts (cont)** ## **Note 13 Grantmaking** _**Please complete this note if the charity made any grants or donations which in aggregate form a material part of the charitable activities undertaken.**_ ## **13.1 Analysis of grants paid (included in cost of charitable activities)** **----- Start of picture text -----**
Grants to Grants to
Analysis institutions individuals Support costs Total
Activity or project 1 £ £
Activity or project 2 - -
Activity or project 3 - -
-
Activity or project 4 -
Total - - - -
**----- End of picture text -----**
## _**Please enter “Nil” if the charity does not identify and/or allocate support costs.**_ ## **13.2 Grants made to institutions** **----- Start of picture text -----**
Please provide
My charity has made grants to particular institutions that are material in Yes details of charity's
the context of its grantmaking. Details of the institution supported, URL.
purpose of the grant and total paid to each institution is available on the
charity's web site. No Provide details
below
Total amount of
Names of institution Purpose
grants paid £
-
-
-
-
-
-
-
-
-
-
Total grants to institutions in reporting period -
Other unanalysed grants -
TOTAL GRANTS PAID -
**----- End of picture text -----**
CC17a (Excel) 07/03/2023 20 ## **Section C Notes to the accounts (cont)** ## **Note 14 Tangible fixed assets** ## _**Please complete this note if the charity has any tangible fixed assets**_ |**14.1 Cost or valuation**||||||||| |---|---|---|---|---|---|---|---|---| ||**Freehold land**|
**Other land**|**&**|**Plant,**||**Fixtures,**|**Total**|| ||**& buildings**|**buildings**||**machinery and**||**fittings and**||| |||||**motor vehicles**||**equipment**||| |At the beginning of the|**£**
-|**£**
|-|**£**
|-|**£**|**£**
-|-| |year||||||||| |Additions|-||-||-||-|-| |Revaluations|-||-||-||-|-| |Disposals|-||-||-||-|-| |Transfers *
At end of the year
**14.2 Depreciation and**|-
-
**impairments**|

|-
-|
|-
-||-
-|-
-| |****Basis**|SL or RB|SL or RB||SL or RB||SL or RB|SL or RB|Straight Line| |**** Rate**
At beginning of the|-||-||-||-|-
("SL") or
Reducing
Balance
("RB")| |year||||||||| |Disposals|-||-||-||-|-| |Depreciation|-||-||-||-|-| |Impairment|-||-||-||-|-| |Transfers*
At end of the year
**14.3 Net book value**
Net book value at the|-
-
-|

|-
-
-|

|-
-
-||-
-
-|-
-
-| |beginning of the year
Net book value at the|-||-||-||-|-| |**14.4 Impairment**
end of the year||||||||| |**_Please provide a description of the_**||**_events and_**||||||| |**_circumstances that led to the recognition or_**||||||||| |**_reversal of an impairment loss._**||||||||| ## **14.5 Revaluation** _**If an accounting policy of revaluation is adopted, please provide: the effective date of the revaluation**_ _**the name of independent valuer, if applicable**_ _**the methods applied and significant assumptions the carrying amount that would have been recognised had the assets been carried under the cost model.**_ **14.6 Other disclosures** _**(i) Please state the amount of borrowing costs, if any, capitalised in the construction of tangible fixed assets and the capitalisation rate used. (ii) Please provide the amount of contractual commitments for the acquisition of tangible fixed assets. (iii) Details of the existence and carrying amounts of property, plant and equipment to which the charity has restricted title or that are pledged as security for liabilities.**_ - _The "transfers" row is for movements between fixed asset categories._ - _** Please indicate the method of depreciation by deleting the method not applicable (SL = straight_ CC17a (Excel) 07/03/2023 21 **Section C Notes to the accounts** ## **Note 15 Intangible assets** ## _**Please complete this note if the charity has any intangible assets**_ ## **15.1 Cost or valuation** |||**Research &**|**Patents and**||**Other**
**Total**|| |---|---|---|---|---|---|---| |||**development**|**trademarks**|||| |At beginning of|the|**£**
-|**£**|-|**£**
**£**
-|-| |year||||||| |Additions||-||-|-|-| |Disposals||-||-|-|-| |Revaluations||-||-|-|-| |Transfers *||-||-|-|-| |At end of the year||-||-|-|-| |**15.2 Amortisation and**||**impairments**||||| ||****Basis**|SL or RB|SL or RB||SL or RB
SL or RB|Straight Line| |**** Rate**||||||("SL") or
Reducing
Balance
("RB")| |At beginning of|the|-||-|-|-| |year||||||| |Disposals||-||-|-|-| |Amortisation||-||-|-|-| |Impairment||-||-|-|-| |Transfers*||-||-|-|-| |At end of year||-||-|-|-| |**15.3 Net book**|**value**|||||| |Nat book value|at the|-||-|-|-| |beginning of the year||||||| |Net book value|at the|-||-|-|-| |end of the year||||||| ## **15.4 Accounting policy** CC17a (Excel) 07/03/2023 22 _**Please disclose the accounting policy for intangible fixed assets including: Reasons for choosing amortisation rates Policies for the recognition of any capital development**_ ## **15.5 Impairment** _**Please provide a description of the events and circumstances that led to the recognition or reversal of an impairment loss.**_ ## **15.6 Revaluation** _**If an accounting policy of revaluation is adopted, please provide: the effective date of the revaluation**_ _**the name of independent valuer, if applicable**_ _**the methods applied**_ _**the carrying amount that would have been recognised had the assets been carried under the cost model.**_ ## **15.7 Other disclosures** _**(i) If your intangible asset was acquired by way of grant, provide value on initial recognition and carrying amount of the asset.**_ _**(ii) Details of the carrying amounts of any intangible assets to which the charity has restricted title or that are pledged as security for liabilities.**_ _**(iii) Please provide the amount of contractual commitments for the acquisition of intangible assets.**_ _**(iv) State the amount of research and development expenditure recognised as expenditure in the year.**_ _**(vi) Please detail the headings in the SOFA in which a charge for amortisation of intangible assets is included.**_ _**(vii) For any material intangible assets, please provide a description, its carrying amount and any remaining amortisation period.**_ CC17a (Excel) 07/03/2023 23 - _The "transfers" row is for movements between fixed asset categories._ _** Please indicate the method of depreciation by deleting the method not applicable (SL = straight line; RB = reducing balance). Also please indicate the rate of depreciation: for straight line, what is the anticipated life of the asset (in years); for reducing balance, what is the percentage annual deduction_ CC17a (Excel) 07/03/2023 24 ## **Section C Notes to the accounts (cont)** **Note 16 Heritage assets** _**Please complete this note if the charity has heritage assets**_ ## **16.1 General disclosures for all charities holding heritage assets** **(i) Explain the nature and scale of heritage assets held.** **(ii) Explain the policy for the acquisition, preservation, management and disposal of heritage assets.** ## **16.2 Cost or valuation** |**16.2 Cost or valuation**|||||| |---|---|---|---|---|---| |At beginning of the year
Additions
Disposals
Revaluations
Transfers *
At end of the year|**£**
**Heritage asset**
**1**|**£**
**Heritage asset**
**2**|**£**
**Heritage asset**
**3**|**£**
**Heritage asset**
**4**|**Total**
**£**| ||-|-|-|-|-| ||-|-|-|-|-| ||-|-|-|-|-| ||-|-|-|-|-| ||-|-|-|-|-| ||-|-|-|-|-| CC17a (Excel) 07/03/2023 25 ## **Section C Notes to the accounts (cont)** ## **Note 17 Investment assets** _**Please complete this note if the charity has any investment assets.**_ ## **17.1 Fixed assets investments (please provide for each class of investment)** |**Less: impairments**
**Add: Reversal of impairments**
Carrying (fair) value at end of year
Carrying (fair) value at beginning of
period
**Add:**additions to investments during
period*
**Less:**disposals at carrying value
**Add/(deduct):**transfer in/(out) in the
period
**Add/(deduct):**net gain/(loss) on
revaluation|**Cash & cash**
**equivalents**|
**Listed**
**investments**|**Investment**
**properties**|**Social**
**investments**|**Other**|**Total**| |---|---|---|---|---|---|---| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ||-|-|-|-|-|-| ||-|-|-|-|-|-| CC17a (Excel) 07/03/2023 26 **Section C Notes to the accounts (cont)** ## **Note 18 Stocks** ## _**Please complete this note if the charity holds any stock items**_ ## **18.1 Please state the carrying amount of stock and work in progress analysed between activities.** |**Stock**
**Donated goods**
**For resale**
**For resale**
**£**
**£**
**£**
**£**
**£**
**Charitable activities:**
**_Opening_**
-
2,145
-
-
-
**_Added in period_**
-
3,083
-
-
-
**_Expensed in period_**
-
-4,596
-
-
-
**_Impaired_**
-
-
-
-
-
**_Closing_**
**-**
**632**
**-**
**-**
**-**
**Other trading activities:**
**_Opening_**
-
-
-
-
-
**_Added in period_**
-
-
-
-
-
**_Expensed in period_**
-
-
-
-
-
**_Impaired_**
-
-
-
-
-
**_Closing_**
**-**
**-**
**-**
**-**
**-**
**Other:**
**_Opening_**
-
-
-
-
-
**_Added in period_**
-
-
-
-
-
**_Expensed in period_**
-
-
-
-
-
**_Impaired_**
-
-
-
-
-
**_Closing_**
**-**
**-**
**-**
**-**
**-**
**Total this year**
-
632
-
-
-
**_Total previous year_**
-
2,145
-
-
-
-
**Work in**
**progress**
**For**
**distribution**
**For**
**distribution**
**18.2 Please specify the carrying amount of any**
**stocks pledged as security for liabilities**|**Stock**|**Stock**|**Donated goods**|**Donated goods**|**Work in**
**progress**| |---|---|---|---|---|---| ||**For**
**distribution**|**For resale**|**For**
**distribution**|**For resale**|| ||**£**|**£**|**£**|**£**|**£**| ||||||| ||-|2,145|-|-|-| ||-|3,083|-|-|-| ||-|-4,596|-|-|-| ||-|-|-|-|-| ||**-**|**632**|**-**|**-**|**-**| ||||||| ||||||| ||-|-|-|-|-| ||-|-|-|-|-| ||-|-|-|-|-| ||-|-|-|-|-| ||**-**|**-**|**-**|**-**|**-**| ||||||| ||||||| ||-|-|-|-|-| ||-|-|-|-|-| ||-|-|-|-|-| ||-|-|-|-|-| ||**-**|**-**|**-**|**-**|**-**| ||-|632|-|-|-| ||-|2,145|-|-|-| |||-
|||| CC17a (Excel) 07/03/2023 27 ## **Section C Notes to the accounts (cont)** ## **Note 19 Debtors and prepayments** ## _**Please complete this note if the charity has any debtors or prepayments.**_ |**Note 19 Debtors and prepayments**
**_Please complete this note if the charity has any_**
**_debtors or prepayments._**||| |---|---|---| |**19.1 Analysis of debtors**
**Trade debtors**
**Prepayments and accrued income**
**Other debtors**|**This year**
**£**|**Last year**
**£**| ||-|-| ||4,141|5,162| ||63|-| ||4,204|5,162| ## **Total** ## _**Please complete 19.2 where a material debtor is recoverable more than a year after the reporting date.**_ ## **19.2 Analysis of debtors recoverable in more than 1 year (included in debtors above)** |**Trade debtors**
**Prepayments and accrued income**
**Other debtors**
**Total**|**This year**
**£**|**Last year**
**£**| |---|---|---| ||-|-| ||-|-| ||-|-| ||-|-| ||-|-| CC17a (Excel) 07/03/2023 28 **Section C Notes to the accounts (cont)** ## **Note 20 Creditors and accruals** _**Please complete this note if the charity has any creditors or accruals.**_ ## **20.1 Analysis of creditors** |**Accruals for grants payable**
**Bank loans and overdrafts**
**Trade creditors**
**Accruals and deferred income**
**Taxation and social security**
**Other creditors**
**Total**
**Payments received on account for contracts or**
**performance-related grants**|**Amounts falling due**
**within one year**|**Amounts falling due**
**within one year**|**Amounts falling due after**
**more than one year**|**Amounts falling due after**
**more than one year**| |---|---|---|---|---| ||**This year**
**£**|**Last year**
**£**|**This year**
**£**|**Last year**
**£**| ||-|-|-|-| ||-|-|-|-| ||-|-|-|-| ||-|-|-|-| ||57,827|94,446|-|-| ||-|-|-|-| ||-|-|-|-| ||57,827|94,446|-|-| ## **20.2 Deferred income** _**Please complete this note if the charity has deferred income.**_ _**Please explain the reasons why income is deferred.**_ _**A large grant of £89,001 for Castle conservation and development from Welsh Government was also deferred in 2020. £4,654.84 of this was spent in 2021, and so this amount of income was released into the 2021 accounts to fund/offset the relevant expenditure. A similar release of £36,669.39 of the remaining income held occurred in 2022 to offset grant spent. In 2021 £10k grants Covid Circuit BR were received but not spent and so these have also been put into deferred income. Thus deferred income at year end 31/12/22 was £57,677 comprised: £47,676.77 WG Conservation grant remaining + £10k Covid Circuit BR. (The final element making the £57,827 above is £150 accrual for the Independent Examination y/e 31/12/22.)**_ |**_Movement in deferred income account_**
**Balance at the start of the reporting period**
**Amounts added in current period**
**Amounts released to income from previous periods**
**Balance at the end of the reporting period**|**This year**
**£**|**Last year**
**£**| |---|---|---| ||94,346|94,622| ||-|10,000| ||-36,669|-10,276| ||57,677|94,346| CC17a (Excel) 07/03/2023 29 ## **Section C Notes to the accounts (cont)** ## **Note 21 Provisions for liabilities and charges** _**Please complete this note if you have included in charity expenditure any provisions. A provision is made when the charity has a liability of uncertain timing or amount.**_ ## **21.1 Please provide:** **- a brief description of any obligations on the balance sheet and the expected amount and timing of resulting payments;** **- an indication of the uncertainties about the amount or timing of those outflows; and - the amount of any expected reimbursement, stating the amount of any asset that has been recognised for that expected reimbursement.** ## **21.2 Movements in recognised provisions and funding commitment during the period** |**Balance at the start of the reporting period**
**Amounts added in current period**
**Amounts charged against the provision in the current period**
**Unused amounts reversed during the period**
**Balance at the end of the reporting period**|**This year**
**£**|**Last year**
**£**| |---|---|---| ||-|-| ||-|-| ||-|-| ||-|-| ||-|-| **21.3 For any funding commitment that is not recognised as a liability or provision, provide details of commitment made, the time frame of that commitment, any performance-related conditions and details of how the commitment will be funded (with contracts for capital expenditure separately identified).** **21.4 Where unrestricted funds have been designated to a fund commitment, please disclose the nature of any amounts designated and the likely timing of that expenditure.** CC17a (Excel) 07/03/2023 30 **Section C Notes to the accounts (cont)** ## **Note 22 Other disclosures for debtors, creditors and other basic financial instruments** **22.1 Please provide information about the significance of financial instruments (eg. debtors, creditors, investments etc) to the charity's financial position or performance, for example, the terms and conditions of loans or the use of hedging to manage financial risk.** _**N/A N/A**_ **22.2 If the charity has provided financial assets as a form of security, the carrying amount of the financial assets pledged as security and the terms and conitions related to its pledge should be given here.** CC17a (Excel) 07/03/2023 31 **Section C Notes to the accounts (cont)** ## **Note 23 Contingent liabilities and contingent assets** ## **23.1 Contingent liabilities** **Where the charity has contingent liabililities, please complete the following section unless the possibility of their existence is remote.** **Description of item including its legal nature. Please Estimate of financial effect describe any security provided in connection to the liability.** ## **23.2 Contingent assets** ## **Where the charity has contingent assets, please complete the following section when their existence is probable** **Description of item Estimate of financial effect** **23.4 Other disclosures for contingent assets and/or liabilities Please provide the following information where practicable:** **Explain any uncertainties relating to the amount or timing of settlement; and the possibilty of any reimbursement** **Where it is not practical to make one or more of these disclosures, please state this fact** CC17a (Excel) 07/03/2023 32 ## **Section C Notes to the accounts (cont)** |**Note 24 Cash at bank and in hand**
**This year**
**Last year**
**£**
**£**
**Short term cash investments (less than 3 months maturity date)**
-
-
**Short term deposits**
-
-
**Cash at bank and on hand**
140,694
132,009
**Other**
-
-
**Total**
140,694
132,009|**Note 24 Cash at bank and in hand**
**This year**
**Last year**
**£**
**£**
**Short term cash investments (less than 3 months maturity date)**
-
-
**Short term deposits**
-
-
**Cash at bank and on hand**
140,694
132,009
**Other**
-
-
**Total**
140,694
132,009|**Note 24 Cash at bank and in hand**
**This year**
**Last year**
**£**
**£**
**Short term cash investments (less than 3 months maturity date)**
-
-
**Short term deposits**
-
-
**Cash at bank and on hand**
140,694
132,009
**Other**
-
-
**Total**
140,694
132,009| |---|---|---| ||**This year**
**£**|**Last year**
**£**| ||-|-| ||-|-| ||140,694|132,009| ||-|-| ||140,694|132,009| CC17a (Excel) 07/03/2023 33 **Section C Notes to the accounts (cont)** ## **Note 25 Fair value of assets and liabilities** **25.1 Please provide details of the charity's exposure to credit risk (the risk of incurring a loss due to a debtor not paying what is owed) , liquidity risk (the risk of not being able to meet short term financial demands) and market risk (the risk that the value of an investment will fall due to changes in the market) arising from financial instruments to which the charity is exposed at the end of the reporting period and explain how the charity manages those risks.** **25.2 Please give details of the amount of change in the fair value of basic financial instruments (debtors, creditors, investments (see section 11, FRS 102 SORP)) measured at fair value through the SoFA that is attributable to changes in credit risk.** No current credit risk, due to the fact that the majority of income comes from entrance fees and shop sales which are received at point of sale. No liquidity current risk, as there is more than enough money in the bank to cover obligations both accrued and ongoing. No market risk, as the organisation has no investments other than cash at the bank in a standard account. N/A. There has been no change which is attributable to credit risk. CC17a (Excel) 07/03/2023 34 **Section C Notes to the accounts (cont)** ## **Note 26 Events after the end of the reporting period** _**Please complete this note events (not requiring adjustment to the accounts) have occurred after the end of the reporting period but before the accounts are authorised which relate to conditions that arose after the end of the reporting period.**_ **Please provide details of the nature of the event** **Provide an estimate of the financial effect of the event or a statement that such an estimate cannot be made** CC17a (Excel) 07/03/2023 35 ## **Section C Notes to the accounts (cont)** ## **Note 27 Charity funds** ## **27.1 Details of material funds held and movements during the CURRENT reporting period** _**Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds'. The 'Total funds' figure below should reconcile to 'Total funds' in the balance sheet.**_ _*** Key: PE - permanent endowment funds; EE – expendable endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds**_ **----- Start of picture text -----**
Fund Fund
balances balances
Type PE, EE
R or UR * Purpose and Restrictions brought Gains and carried
forward Income Expenditure Transfers losses forward
Fund names £ £ £ £ £ £
Main Fund UR Organisation Objectives (no restriction) 44,870 69,283 -26,450 - 87,703
WG (Conservation/Devt) R Grant for Castle Conservation/Devt (part) - 36,669 -36,669 - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
Other funds N/a N/a - - - - - -
Total Funds 44,870 105,952 -63,119 - - 87,703
**----- End of picture text -----**
CC17a (Excel) 07/03/2023 36 ## **Section C Notes to the accounts (cont)** ## **Note 27 Charity funds (cont)** ## **27.2 Details of material funds held and movements during the PREVIOUS reporting period** _**Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds'. The 'Total funds' figure below should reconcile to 'Total funds' in the balance sheet.**_ _*** Key: PE - permanent endowment funds; EE – expendable endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds**_ **----- Start of picture text -----**
Fund Fund
balances balances
Type PE, EE
R or UR * Purpose and Restrictions brought Gains and carried
forward Income Expenditure Transfers losses forward
Fund names £ £ £ £ £ £
Main Fund UR Organisation Objectives (no restriction) 56,251 6,387 -17,768 - 44,870
VSEF Local (Covid PPE equip) R Grant for Covid PPE equipment - 300 -300 - - -
ICF Covid Capital Equipment R Grant for Covid capital equipment - 5,271 -5,271 - - -
WG (Conservation/Devt) R Grant for Castle Conservation/Devt (part) - 4,655 -4,655 - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
Other funds N/a N/a - - - - - -
Total Funds 56,251 16,613 -27,994 - - 44,870
**----- End of picture text -----**
CC17a (Excel) 07/03/2023 37 ## **Section C Notes to the accounts (cont)** ## **Note 27 Charity funds (cont)** ## **27.3 Transfers between funds** **----- Start of picture text -----**
Reason for transfer and where endowment is converted to income, Amount
legal power for its conversion
Between unrestricted and
restricted funds
Between endowment and
restricted funds
Between endowment and
unrestricted funds
**----- End of picture text -----**
## **27.4 Designated funds** **----- Start of picture text -----**
Planned use Purpose of the designation Amount
Tent Replacement Fund The organisation uses a tent for various display and educational
£21,000.00
purposes. However, a replacement will be needed at some point.
**----- End of picture text -----**
CC17a (Excel) 07/03/2023 38 **Section C Notes to the accounts (cont)** ## **Note 28 Transactions with trustees and related parties** _**If the charity has any transactions with related parties (other than the trustee expenses explained in guidance notes) details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box or "False" if there are transactions to report.**_ ## **28.1 Trustee remuneration and benefits** **None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity (True or False)** **----- Start of picture text -----**
TRUE
**----- End of picture text -----**
_**In the period the charity has paid trustees remuneration and benefits. Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee by the charity or any institution or company connected with it.**_ **----- Start of picture text -----**
Amounts paid or benefit value
This year Last year
Legal authority (eg Remuneration Pension Redundancy Other TOTAL
Name of trustee order, governing contribution (including
document) loss of
office)/ex
gratia
£ £ £ £
**----- End of picture text -----**
_**Please give details of why remuneration or other employment benefits were paid.**_ _**Where an ex gratia payment has been made to a trustee, provide an explanation of the nature of the payment.**_ ## **28.2 Trustees' expenses** _**If the charity has paid trustees expenses for fulfilling their duties, details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box below. If there are transactions to report, please enter "False".**_ **----- Start of picture text -----**
No trustee expenses have been incurred (True or False) FALSE
This year Last year
Type of expenses reimbursed
£ £
Travel 244
Subsistence
Accommodation
Other (please specify): PPSA 144
Events: Halloween etc 286 44
Stock 63
Stationery / Postage / Refreshments 167
Mobile phone calls & key cutting
Volunteer costs incl. Mileage 209
Cleaning & Room Hire 160
Repair, Maintenance & Replacement of small equipment items 65 21
Events (incl AGM) 142
TOTAL 1,092 454
Please provide the number of trustees reimbursed for
expenses or who had expenses paid by the charity 3
**----- End of picture text -----**
## **28.3 Transaction(s) with related parties** _**Please give details of any transaction undertaken by (or on behalf of) the charity in which a related party has a material interest, including where funds have been held as agent for related parties. If there are no such transactions, please enter 'true' in the box provided.**_ **There have been no related party transactions in the reporting period (True or False)** _**TRUE**_ CC17a (Excel) 07/03/2023 39 **----- Start of picture text -----**
Amounts
written off
Name of the trustee or Relationship Description of the Amount Balance at Provision for bad debts during
related party to charity transaction(s) period end at period end
reporting
period
£ £ £ £
In relation to the transactions above, please provide the
terms and conditions, including any security and the nature
of any payment (consideration) to be provided in settlement.
For any related party, please provide details of any
guarantees given or received.
**----- End of picture text -----**
CC17a (Excel) 07/03/2023 40 **Section C Notes to the accounts (cont)** ## **Note 29 Additional Disclosures** **The following are significant matters which are not covered in other notes and need to be included to provide a proper understanding of the accounts. If there is insufficient room here, please add a separate sheet.** N/A CC17a (Excel) 07/03/2023 41 ## **Independent examiner's report on the accounts** **Section A Independent Examiner’s Report** |**Report to the trustees/**
**members of**
**On accounts for the year**
**ended**
**Set out on pages**|Charity Name
Friends of Oystermouth Castle|Charity Name
Friends of Oystermouth Castle|Charity Name
Friends of Oystermouth Castle| |---|---|---|---| ||||| ||31/12/22|**Charity no**
**(if any)**|1011377| ||||| ||(Set out on the 41 pages after the third page of this IER. )||| **Respective responsibilities** The charity's trustees are responsible for the preparation of the accounts. The **of trustees and examiner** charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (“the Charities Act”) and that an independent examination is needed. It is my responsibility to: - examine the accounts under section 145 of the Charities Act, - to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and - to state whether particular matters have come to my attention. **Basis of independent** My examination was carried out in accordance with general Directions given **examiner’s statement** by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below. - **Independent examiner's** In connection with my examination, no matter has come to my attention **statement** 1. which gives me reasonable cause to believe that in, any material respect, the requirements: - to keep accounting records in - accordance with section 130 of the Charities Act; and - to prepare accounts which accord with - the accounting records and comply with the accounting requirements of the Charities Act have not been met; or 2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. **Signed:** _J-P Eckersley_ **Date:** 06/03/23 **Name:** John Eckersley **Relevant professional qualification(s) or body (if any):** 1 **IER** **Address:** C/o SCVS, 7 Walter Rd, Swansea, SA1 5NF. ## **Section B Disclosure** Only complete if the examiner needs to highlight material problems.(E.g. accounting records have not been kept in accordance with s132 of the Charities’ Act 2011 and those accounts do not comply with the requirements of the 2008 Regulations setting out the form and content of charity accounts; any material expenditure or action which appears not to be in accordance with the trusts of the charity; any failure to be provided with information and explanations by any past or present trustee, officer or employee; and any material consistency between the accounts and the trustees’ annual report.) 2 **IER** **Give here brief details of** N/A **any items that the examiner wishes to disclose** . 3 **IER**