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2024-07-31-accounts

Company Registration Number - 02732801

The Charity Registration Number is :- 1013507

The Riley-Smith Hall Charitable Company

Report and Accounts

31 July 2024

The Riley-Smith Hall Charitable Company

Report and accounts for the year ended 31 July 2024

Contents

Page
Charity information 1
Trustees' Annual Report 1
Statement of directors' responsibilities 7
Independent Accountant's Report 9
Funds Statements:-
Statement of Financial Activities 11
Statement of Financial Activities - Prior Year statement 12
Statement of total recognised gains and losses 12
Movements in funds 12
Revaluation reserves 13
Revenue Funds 13
Fixed Asset funds 13
Income and Expenditure account 14
Summary of funds 14
Balance sheet 15
Notes to the accounts 17

The Riley-Smith Hall Charitable Company

Company Registration Number - 02732801

Trustees' Annual Report for the year ended 31 July 2024

The Trustees present their Report and Accounts for the year ended 31 July 2024, which also comprises the Directors' Report required by the Companies Act 2006.

Reference and administrative details

The charity name.

The legal name of the charity is:- The Riley-Smith Hall Charitable Company.

The charity is also known by its operating name, The Riley-Smith Hall.

The charity's areas operation and UK charitable registration.

The charity is registered in England & Wales with the Charity Commission in England & Wales (CCEW) with charity number 1013507.

.

The charity does not operate in any overseas jurisdictions.

Legal structure of the charity

The charity is constituted as a company limited by guarantee, registered under the Companies Act. The governing document of the charity is the Memorandum and Articles of Association establishing the company under company legislation.

There are no restrictions in the governing documents on the operation of the Charity or on its investment powers other than those imposed by Charity Law.

By operation of law all, trustees are directors under the Companies Act 2006 and all directors are trustees under Charities legislation and have responsibilities, as such, under both company and charity legislation.

The trustees are all individuals.

The principal operating address, telephone number, email and web addresses of the charity are:-

28 Westgate

Tadcaster, North Yorkshire LS24 9AB Telephone 01937 832289

Email : info@rileysmithhall.org.uk web: www.rileysmithhall.org.uk

The registered office of the charity for Companies Act purposes is the same as the operating address shown above.

1

The Riley-Smith Hall Charitable Company

Company Registration Number - 02732801

Trustees' Annual Report for the year ended 31 July 2024

The Trustees in office on the date the report was approved were:-

Christian Horton

Clive Auton Christine Bleasby Susan Cole David McBride

Patron

The Patron of the charity is Tobias Riley-Smith.

The Articles of Association state the Patron's written consent is required to:

c)dispose of any freehold or leasehold interests in the Riley-Smith Hall provided that the creation of a licence for the non-exclusive occupation of the Hall for a period not exceeding seven days shall not constitute a disposal;

d)alter the colour scheme of the Riley-Smith Hall;

To this extent and this extent only he would fall within the definition of a Trustees Under the Charity Act 2011.

The following persons served as Trustees during the year ended 31 July 2024 :-

The trustees who served as a trustee in the reporting period, and, if applicable, their dates of appointment or resignation during the year were:

----- Start of picture text -----
|||| |---|---|---| |Name|Appointed|Resigned/Retired| |Christian Horton| |Clive Auton| |Christine Bleasby| |Susan Cole| |David McBride|

----- End of picture text -----

2

The Riley-Smith Hall Charitable Company

Company Registration Number - 02732801

Trustees' Annual Report for the year ended 31 July 2024

Objects and activities of the charity

The purposes of the charity as set out in its governing document.

The objects for which the Charity is established are:

The acquisition preservation and protection for the benefit of the residents of Tadcaster of The RileySmith Hall Tadcaster; and

The provision and maintenance of a Hall for the use of the inhabitants of Tadcaster without distinction of political religious or other opinions in an effort to advance education and to provide facilities in the interest of social welfare for recreation and leisure time occupation with the object of improving the conditions of life for the said inhabitants.

The main activities undertaken in relation to those purposes during the year.

The main activities undertaken by the Charity were:

To provide a facility for use by the local community and to use funds obtained to maintain the Hall and;

To preserve and maintain the fabric of the building so it is as appealing and high quality as possible.

The main activities undertaken during the year to further the charity's purpose for the public benefit.

The main activities undertaken by the charity during the year were to maintain the Hall to enable it to be available for use by the local community without distinction of political, religious or other opinions in an effort to advance education and social welfare for recreation and leisure time for its inhabitants.

The trustees have had regard to the Charity Commission's guidance on public benefit in managing the activities of the charity.

The contribution of volunteers during the year.

The charity consists of the five Trustees who are all volunteers.

3

The Riley-Smith Hall Charitable Company

Company Registration Number - 02732801

Trustees' Annual Report for the year ended 31 July 2024

The main achievements and performance of the charity during the year.

The Trustees are pleased that usage and hire of the charity’s premises has continued at a level similar to the previous financial year but with a 10% increase in hire fees received. This increased revenue has helped to minimise the effect of large increases in energy charges.

The Trustees were pleased to receive a Gift Aid donation of £21,859 representing the first year’s profit of the Riley-Smith Hall Trading company which was set up in November 2022 to provide drinks and snacks at events held at the premises.

The Trustees have engaged in a Design and Access programme to provide ramp access at the front of the premises. Designs and plans have been drawn up by architects Donald Insall culminating in a submission to North Yorkshire Council for planning permission. This has been granted and work continues to provide detailed plans and quotations for the work.

16th January 2025 is the centenary of the opening night of the hall and a programme of entertainment leading up to the anniversary has already begun. The Tadcaster Theatre group have held a centenary celebration show and the Trustees were pleased to receive a donation of £1961 from this event. Further events are planned to celebrate the centenary and to raise funds for continued improvements to the hall.

The difference the charity's performance during the year has made to the beneficiaries of the charity and to wider society.

The charity has continued to successfully provide a facility within the town for the benefit of all local residents and the wider community. The charity operates without discrimination and welcomes working with local groups and individuals to provide a space which can be utilised by members of the community for a variety of uses.

4

The Riley-Smith Hall Charitable Company

Company Registration Number - 02732801

Trustees' Annual Report for the year ended 31 July 2024

Structure, governance and management of the charity

The methods used to recruit and appoint new charity trustees.

New trustees are recruited from the local community. New Trustees are appointed in accordance with our Articles of Association.

The charity's relationships with related parties.

The charity has set up a trading subsidiary company, Riley-Smith Hall Trading Limited, to provide bar services to hirers. When a hirer requires catering services, the hirer may choose its own preferred outside catering company.

The Trustees' bankers and advisors

Bankers HSBC Solicitors Elmhirst Parker, The Cross, Sherburn in Elmet, LS25 6BH Surveyors Malcolm Stuart, Wilton House, Station Road, Tadcaster, LS24 9SG Accountants Woolley & Co, Crown House, York Road, Shiptonthorpe, York, YO43 3PF

5

The Riley-Smith Hall Charitable Company

Company Registration Number - 02732801

Trustees' Annual Report for the year ended 31 July 2024

Financial review

The charity's financial position at the end of the year ended 31 July 2024

The financial position of the charity at 31 July 2024 and comparatives for the prior period, as more fully detailed in the accounts, can be summarised as follows:-

Designated Fixed Asset Funds
Total Unrestricted Funds
Restricted Revenue Funds
Total Restricted Funds
Total Funds
Unrestricted Revenue Funds available for the
general purposes of the charity
Net income
Unrestricted revaluation reserve		 2024
£
28,667
80,113
64,681
156,865
301,659
-
-
301,659		 2023
£
(43,825)
44,285
64,681
164,026
272,992
-
-
272,992

Financial review of the position at the reporting date, 31 July 2024 .

The trustees consider the financial performance by the charity during the year to have been satisfactory.

Specific changes in fixed assets are detailed in the notes to the accounts.

6

The Riley-Smith Hall Charitable Company

Company Registration Number - 02732801

Trustees' Annual Report for the year ended 31 July 2024

Policies on reserves.

The reserves of the charity are all unrestricted. The trustees consider that reserves should be set at six month's running costs which is £30,000, to cover the event of any cash crisis. As at the reporting date, the charity had reserves of £61,448..

Availability and adequacy of assets of each of the funds

The board of trustees is satisfied that the charity's assets in each fund are available and adequate to fulfil its obligations in respect of each fund.

Plans For the Future

Summary of plans for the future and the trustees' perspective of the future direction of the charity.

The hall is celebrating its centenary in 2025 and the Trustees have plans to make improvements to the building in recognition of this event. The Trustees are looking at sources of grant funding as well as planning some special centenary events which it is hoped can raise funds towards improving accessibility.

Details of The Independent Examiner

Robert Woolley FCCA, CTA

Member of Certified Accountants

Crown House Town Street Shiptonthorpe East Yorkshire YO43 3PF

7

The Riley-Smith Hall Charitable Company

Company Registration Number - 02732801

Trustees' Annual Report for the year ended 31 July 2024

Statement of the Directors Trustees' Responsibilities

The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Companies Act 2006, the Charities Act 2011 and the Charities (Accounts and Reports) Regulations 2008. Notwithstanding the explicit requirement in the extant statutory regulations,the Charities (Accounts and Reports) Regulations 2008, to prepare the financial statements in accordance with the SORP 2005, in view of the fact that the SORP 2005 has been withdrawn, the Trustees determined to interpret this responsibility as requiring them to follow current best practice and prepare the accounts according to the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP),

.

In particular, the Companies Act 2006 and charity law require the Board of Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity as at the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements the Board is required to :-

The law requires that the trustees must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for the year.

The Trustees are also responsible for maintaining adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which are sufficient to show and explain the charity's transactions and enable them to ensure that the financial statements comply with the Companies Act 2006 and comply with regulations made under the Charities Act. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The Trustees are also responsible for the contents of the Trustees' report, and the statutory responsibility of the Independent Examiner in relation to the Trustees' report is limited to examining the report and ensuring that , on the face of the report, there are no material inconsistencies with the figures disclosed in the financial statements.

8

The Riley-Smith Hall Charitable Company

Company Registration Number - 02732801

Trustees' Annual Report for the year ended 31 July 2024

Method of preparation of accounts - Small company provisions

The financial statements are set out on pages 12 to 34.

The financial statements have been prepared implementing the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), and in accordance with the Financial Reporting Standard 102, (effective 1st January 2016)

These financial statements have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006. applicable to companies subject to the small companies regime.

This report was approved by the board of trustees on 4 December 2024.

Christian Horton Director and Trustee

9

The Riley-Smith Hall Charitable Company

Report of the Independent Examiner to the Trustees of the charitable company on the accounts for the year ended 31 July 2024

I report to the Trustees on my examination of the financial statements of the charitable company on pages 12 to 34 for the year ended 31 July 2024 which have been prepared in accordance with the Charities Act 2011 (the Act) and with the Financial Reporting Standard 102, (effective 1st January 2016) as modified by FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), published by the Charity Commission in England & Wales (CCEW) , and under the historical cost convention and the accounting policies set out on page 18.

Respective responsibilities of the Trustees and the Independent Examiner and the basis of the report

As described on page 8, you, the charitable company's Trustees, who are also the Directors of the Company for the purposes of Company law, are responsible for the preparation of the financial statements in accordance with the Companies Act 2006, the Charities Act 2011 and all other applicable law and with United Kingdom Generally Accepted Accounting Practice, applicable to smaller entities, and for being satisfied that the financial statements give a true and fair view.

The Trustees consider that the audit requirement of Section 144(1) of the Charities Act 2011 (the Act) does not apply, and that there is no requirement in the memorandum and articles of the charity for the conducting of an audit, and that the accounts do not require an audit in accordance with Part 16 of the Companies Act 2006 and that no member or members have requested an audit pursuant to Section 476 of the Companies Act 2006. As a consequence, the Trustees have elected that the financial statements be subject to independent examination.

Having satisfied myself that the financial statements are not required to be audited under any legal provision, or otherwise, and are eligible for independent examination, it is my responsibility to:-

a) examine the financial statements of the charity under Section 145 of the Act;

b) follow the applicable procedures in the Directions given by the Charity Commission under section 145(5)(b) of the Act.

Basis of Independent Examiner's Statement and scope of work undertaken

I report in respect of my examination of the charity's financial statements carried out under s145 of the Act. In carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act setting out the duties of an independent examiner in relation to the conducting of an independent examination. An independent examination includes a review of the accounting records kept by the charitable company and of the accounting systems employed by the charitable company and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you, as Trustees, concerning such matters. The purpose of the examination is to establish as far as possible that there have been no breaches of charity legislation and that, on a test basis of evidence relevant to the amounts and disclosures made, the financial statements comply with the SORP.

The procedures undertaken do not provide all the evidence that would be required in an audit, and information supplied by the Trustees in the course of the examination is not subjected to audit tests or enquiries and does not cover all the matters that an auditor would consider in arriving at an opinion. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide

10

The Riley-Smith Hall Charitable Company

Consequently, I do not express an audit opinion on the view given by the financial statements, and in particular, I express no opinion as to whether the financial statements give a true and fair view of the affairs of the charity, and my report is limited to the matters set out in the statement below.

I planned and performed my examination so as to satisfy myself that the objectives of the independent examination are achieved and before finalising the report I obtained written assurances from the Trustees of all material matters.

Independent Examiner's Statement, Report and Opinion

Subject to the limitations upon the scope of my work as detailed above, I have completed my examination: and can confirm that:-

The accounts of this charitable company are not required to be audited under Part 16 of the Companies Act 2006;

This is a report in respect of an examination carried out under 145 of the Act and in accordance with Directions given by the Charity Commission under section 145(5)(b) of the Act which may be applicable;

and that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:-

accounting records were not kept in respect of the charity as required by Section 386 of the Companies Act 2006 and Section 130 of The Charities Act 2011;

the financial statements do not accord with those records; or

the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in section 396 of the Companies Act 2006 other than any requirement that the accounts give a 'true and fair' view, which is not a matter considered as part of an independent examination;

have not been prepared in accordance with the methods and principles set out in the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.

Signed:-

Robert Woolley FCCA, CTA - Independent Examiner

Certified Accountants

Crown House Town Street Shiptonthorpe East Yorkshire YO43 3PF

This report was signed on 4 December 2024

11

The Riley-Smith Hall Charitable Company - Statement of Financial Activities for the year ended 31 July 2024

Statement of Financial Activities (including the Income and Expenditure Account for the year ended 31 July 2024, as required by the Companies Act 2006)

Current year
Unrestricted
Funds
2024
£
Income & Endowments from:
Donations & Legacies
A1
24,120
Charitable activities
A2
71,847
Other trading activities
A3
1,374
Investments
A4
171
Total income
A
97,512
Expenditure on:
Charitable activities
B2
68,845
Total expenditure
B
68,845
Net income for the year
28,667
Transfers between funds
C
-
Net income after transfers
A-B-C
28,667
28,667
Reconciliation of funds:-
E
Total funds brought forward
272,992
Total funds carried forward
301,659
SORP
Ref
Net movement in funds		 Current year
Restricted
Funds
2024
£
-
-
-
-
-
-
-
-
-
-
-
-
-		 Current year
Total Funds
2024
£
24,120
71,847
1,374
171
97,512
68,845
68,845
28,667
-
28,667
28,667
272,992
301,659		 Prior Year
Total Funds
2023
£
1,600
67,045
1,121
50
69,816
113,641
113,641
(43,825)
-
(43,825)
(43,825)
316,817
272,992

The 'SORP Ref' indicated above is the classification of income set out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the brought forward and carried forward funds above have been agreed to the Balance Sheet.

A separate Statement of Total Recognised Gains and Losses is not required as this statement includes all recognised gains and losses.

All the comparative figures were unrestricted, so no detailed analysis of the comparative figures is required to comply with the Bulletin issued in October 2018.

All activities derive from continuing operations

12

The Riley-Smith Hall Charitable Company - Statement of Financial Activities for the year ended 31 July 2024

The notes attached on pages 18 to 34 form an integral part of these accounts.

The Riley-Smith Hall Charitable Company - Resources applied in the year ended 31 July 2024 towards fixed assets for Charity use:-

Funds generated in the year as detailed in the SOFA
Resources applied on functional fixed assets
Other applications of funds
Net resources available to fund charitable activities		 2024
£
28,667
-
-
28,667		 2023
£
(43,825)
-
-
(43,825)

The resources applied on fixed assets for charity use represents the cost of additions less proceeds of any disposals.

The notes attached on pages 18 to 34 form an integral part of these accounts.

Movements in revenue and capital funds for the year ended 31 July 2024

Revenue accumulated funds

Accumulated funds brought forward
(From)/To unrestricted revenue funds
Closing revenue funds
Fixed asset funds
At 1 August
Transfer (to)/from revenue funds
At 31 July
Recognised gains and losses before
transfers		 Unrestricted
Funds
2024
£
44,285
28,667
72,952
8,792
81,744
Designated
Funds
2024
£
164,026
(8,792)
155,234		 Restricted
Funds
2024
£
-
-
-
-
-
Restricted
Funds
2024
£
-
-
-		 Total
Funds
2024
£
44,285
28,667
72,952
8,792
81,744
Total
Funds
2024
£
164,026
(8,792)
155,234		 Last year
Total Funds
2023
£
79,318
(43,825)
35,493
8,792
44,285
Last year
Total Funds
2023
£
172,818
(8,792)
164,026

13

The Riley-Smith Hall Charitable Company - Statement of Financial Activities for the year ended 31 July 2024

The purposes of the transfers to fixed asset funds are described in Note 20 to the accounts and under the accounting policy 'Accounting for capital grants and fixed asset funds'.

Revaluation Reserve Fund
Unrestricted
Restricted
Funds
Funds
2024
2024
£
£
At 1 August
64,681
-
At 31 July
64,681
-
Summary of funds
Unrestricted
Restricted
and
Funds
Designated funds
2024
2024
£
£
Revenue accumulated funds
81,744
-
Fixed asset funds
155,234
-
Revaluation reserve fund
64,681
-
Total funds
301,659
-		 Total
Funds
2024
£
64,681
64,681
Total
Funds
2024
£
81,744
155,234
64,681
301,659		 Last year
Total Funds
2023
£
64,681
64,681
Last Year
Total Funds
2023
£
44,285
164,026
64,681
272,992

The notes attached on pages 18 to 34 form an integral part of these accounts.

14

The Riley-Smith Hall Charitable Company - Statement of Financial Activities for the year ended 31 July 2024

The Riley-Smith Hall Charitable Company Income and Expenditure Account for the year ended 31 July 2024 as required by the Companies Act 2006

Income
Income from operations
Interest receivable
Gross income in the year before exceptional items
Gross income in the year including exceptional items
Expenditure
Charitable expenditure, excluding depreciation and amortisation
Depreciation and amortisation
Governance costs
Total expenditure in the year
Tax on surplus on ordinary activities
Retained surplus for the financial year
All activities derive from continuing operations
Net income after tax in the financial year
Net income before tax in the financial year
Investment income		 2024
£
97,341
171
97,512
97,512
59,199
8,792
854
68,845
28,667
-
28,667
28,667		 2023
£
69,766
50
69,816
69,816
104,035
8,792
814
113,641
(43,825)
-
(43,825)
(43,825)

In accordance with the provisions of the Companies Act 2006, the headings and subheadings used in the Income and Expenditure account have been adapted to reflect the special nature of the charity's activities.

The notes attached on pages 18 to 34 form an integral part of these accounts.

15

The Riley-Smith Hall Charitable Company - Balance Sheet as at 31 July 2024

SORP
Note Ref 2024 2023
£ £
Fixed assets A
Tangible assets 10 A2 235,896 244,688
Current assets B
Debtors 11 B2 4,989 4,097
Cash at bank and in hand B4 61,449 26,409
Total current assets 66,438 30,506
Creditors: amounts falling due within
one year 12 C1 (675) (2,202)
Net current assets 65,763 28,304
The total net assets of the charity 301,659 272,992
The total net assets of the charity are funded by the funds of the charity, as follows:-
Restricted Revenue Funds 18 D2 - -
Unrestricted Funds - -
Unrestricted Revenue Funds 18 D3 81,744 44,285
Unrestricted Revaluation Reserve 18 D4 64,681 64,681
Designated Funds 146,425 108,966
Designated Fixed Asset Funds 18 D3 155,234 155,234 164,026 164,026
Total charity funds 301,659 272,992

The 'SORP Ref' indicated above is the classification of Balance Sheet items as set out in the formal SORP documents. As required by paragraph 4.60 of the SORP, the brought forward and carried forward funds above have been agreed to the SOFA..

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.

The members have not required the company to obtain an audit in accordance with section 476 of the Act.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

16

The Riley-Smith Hall Charitable Company - Balance Sheet as at 31 July 2024

The charity is subject to Independent Examination under charity legislation, and the report of the Independent Examiner is on page 11.

The financial statements have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006. applicable to companies subject to the small companies regime.

Christian Horton

Trustee

Approved by the board of trustees on 4 December 2024

The notes attached on pages 18 to 34 form an integral part of these accounts.

17

The Riley-Smith Hall Charitable Company

Notes to the Accounts for the year ended 31 July 2024

1 Accounting policies

Policies relating to the production of the accounts.

Basis of preparation and accounting convention

The accounts have been prepared on the accruals basis, under the historical cost convention, and in accordance with the Financial Reporting Standard 102, (effective 1st January 2016) and 'FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), published by the Charity Commission in England & Wales (CCEW) , effective January 2016, , and in accordance with all applicable law in the charity's jurisdiction of registration, except that the charity has prepared the financial statements in accordance with the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), in preference to the previous SORP, the SORP 2005, which has been withdrawn, notwithstanding the fact that the extant statutory regulations, the Charities (Accounts and Reports) Regulations 2008 refer explicitly to the SORP 2005. This has been done to accord with current best practice.

Going Concern

The charitable activities are entirely dependent on continuing grant aid and voluntary donations as well as trading revenues. As a consequence, the going concern basis is dependent on the future flow of these uncertain funding streams. The Trustees are not aware of any material uncertainites about the charity's ability to continue as a going concern.

Risks and future assumptions

The charity is a public benefit entity.

Policies relating to categories of income and income recognition.

Nature of income

Gross income represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Categories of Income

Income is categorised as income from exchange transactions (contract income) and income from non-exchange transactions (gifts), investment income and other income.

Income from exchange transactions is received by the charity for goods or services supplied under contract or where entitlement is subject to fulfilling performance related conditions. The income the charity receives is approximately equal in value to the goods or services supplied by the charity to the purchaser.

Income from a non-exchange transaction is where the charity receives value from the donor without providing equal value in exchange, and includes donations of money, goods and services freely given without giving equal value in exchange.

18

The Riley-Smith Hall Charitable Company

Notes to the Accounts for the year ended 31 July 2024

Income recognition

Income, whether from exchange or non exchange transactions, is recognised in the statement of financial activities (SOFA) on a receivable basis, when a transaction or other event results in an increase in the charity’s assets or a reduction in its liabilities and only when the charity has legal entitlement, the income is probable and can be measured reliably.

Income subject to terms and conditions which must be met before the charity is entitled to the resources is not recognised until the conditions have been met.

All income is accounted for gross, before deducting any related fees or costs.

HMRC Job Retention Scheme grants and Hospitality Sector Covid grants are treated as income in the year of receipt.

Accounting for deferred income and income received in advance

Where terms and conditions relating to income have not been met or uncertainty exists as to whether the charity can meet any terms or conditions otherwise within its control, income is not recognised but is deferred as a liability until it is probable that the terms or conditions imposed can be met.

Any grant that is subject to performance-related conditions received in advance of delivering the goods and services required by that condition, or is subject to unmet conditions wholly outside the control of the recipient charity, is accounted for as a liability and shown on the balance sheet as deferred income. Deferred income is released to income in the reporting period in which the performance-related or other conditions that limit recognition are met.

When income from a grant or donation has not been recognised due to the conditions applying to the gift not being wholly within the control of the recipient charity, it is disclosed as a contingent asset if receipt of the grant or donation is probable once those conditions are met.

Where time related conditions are imposed or implied by a funder, then the income is apportioned to the time periods concerned,and, where applicable, is accounted for as a liability and shown on the balance sheet as deferred income. When grants are received in advance of the expenditure on the activity funded by them, but there are no specific time related conditions, then the income is not deferred.

Any condition that allows for the recovery by the donor of any unexpended part of a grant does not prevent recognition of the income concerned, but a liability to any repayment is recognised when repayment becomes probable.

Donated goods, facilities and services

Donated fixed assets are recognised at the current fair value. All such donations are recognised as donation income, and debited to fixed assets.

Policies relating to expenditure on goods and services provided to the charity.

Recognition of liabilities and expenditure

A liability, and the related expenditure, is recognised when a legal or constructive obligation exists as a result of a past event, and when it is more likely than not that a transfer of economic benefits will be required in settlement, and when the amount of the obligation can be measured or reliably estimated..

19

The Riley-Smith Hall Charitable Company

Notes to the Accounts for the year ended 31 July 2024

Liabilities arising from future funding commitments and constructive obligations, including performance related grants, where the timing or the amount of the future expenditure required to settle the obligation are uncertain, give rise to a provision in the accounts, which is reviewed at the accounting year end. The provision is increased to reflect any increases in liabilities, and is decreased by the utilisation of any provision within the period, and reversed if any provision is no longer required. These movements are charged or credited to the respective funds and activities to which the provision relates.

Allocating costs to activities

Direct costs that are specifically related to an activity are allocated to that activity. Shared direct costs and support costs are apportioned between activities.

The basis for apportionment, which is consistently applied, and proportionate to the circumstances, is :-

Premises related costs - on the proportion of floor area occupied by a particular activity.

Non specific support costs - on the basis of the usage of resources, in terms of time taken, capacity used, request made or other measures

Volunteers

In accordance with the SORP, and in recognition of the difficulties in placing a monetary value on the contribution from volunteers, the contribution of volunteers is not included within the income of the charity. However, the trustees value the significant contribution made to the activities of the charity by unpaid volunteers and this is described more fully in Note 6.

Policies relating to assets, liabilities and provisions and other matters.

Tangible fixed assets

Tangible fixed assets are measured at their original cost value, or subsequent revaluation, or if donated, as described above. Cost value includes all costs expended in bringing the asset into its intended working condition.

Depreciation has been provided at the following rates in order to write off the assets to their anticipated residual value over their estimated useful lives.

Freehold premises 2 % straight line Plant and machinery 25 % straight line

A regular annual review of the likelihood of asset impairment is undertaken.

Accounting for capital grants and fixed asset funds.

Gifts of tangible fixed assets or grants of a capital nature, given for the purposes of acquiring specific assets to be fully utilised in the furtherance of the objects of the charity, are credited to fixed asset funds after the donated asset has been received or sums have been properly expended on the restricted purpose.

20

The Riley-Smith Hall Charitable Company

Notes to the Accounts for the year ended 31 July 2024

Where the terms of the gift require the charity to hold the asset on an ongoing basis for a specific purpose, then the fixed asset fund so created is categorised as a restricted fixed asset fund, and the relevant restrictions are noted in the fixed asset note 10.

Where the terms of the gift are met once the asset is acquired, so allowing the charity to use the asset on an unrestricted basis, including the right to receive the proceeds of any future sale of the asset on an unrestricted basis, then the fixed asset fund so created is categorised as a designated fixed asset fund.

When assets are acquired for the furtherance of the charity's objects, utilising the charity's own unrestricted funds, a transfer is made from unrestricted funds to a designated fixed asset fund.

Whether acquired with unrestricted or restricted funds, the asset acquired is initially shown in the balance sheet at the full cost of acquisition or subsequent revaluation.

As the related assets are depreciated, in accordance with the depreciation policy,in order to reflect the dimunition in the asset,a transfer is made from the relevant fixed asset funds to either unrestricted or restricted revenue funds, as appropriate to the terms of the original gift, if any.

The effect of this policy is that the aggregate of all fixed asset funds shall equate to the net book value of fixed assets.

In the first year that this policy was adopted, a transfer to fixed asset funds was made equivalent to the net book value of the assets.

Any residual liability to the donor arising from, for example, the asset's future sale, is disclosed as a contingent liability unless the event that would trigger repayment of the grant becomes probable in which case a liability for repayment is recognised.

Insofar as this policy relates to Government grants and to the extent that it may be a departure from the FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Charities) 2015, (as amended by the Bulletin issued in October 2018 and applicable to all accounting periods beginning on or after 1st January 2019), (The SORP), such departure is justified on the basis that it is in order to comply with the SORP.

Debtors

Debtors are measured at their recoverable amounts at the balance sheet date.

Creditors and provisions

Creditors are accounted for on the basis of the amounts owing at the balance sheet date.

Financial instruments including cash and bank balances

Cash and bank balances held by the charity are included at the amount actually held and counted at the year end.

2 Liability to taxation

The Trustees consider that the charity satisfies the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 for UK corporation tax purposes. Accordingly, the Charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by chapter 3 part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively on the specific charitable objects of the charity and for no other purpose. Value Added Tax is not recoverable by the charity, and is therefore included in the relevant costs in the Statement of Financial Activities.

21

The Riley-Smith Hall Charitable Company

Notes to the Accounts for the year ended 31 July 2024

3 Winding up or dissolution of the charity

If upon winding up or dissolution of the charity there remain any assets, after the satisfaction of all debts and liabilities, the assets represented by the accumulated fund shall be transferred to some other charitable body or bodies having similar objects to the charity.

4 Significance of financial instruments to the charity's position

There are no financial instruments which have a bearing on the opertations of the charity.

5 Net surplus before tax in the financial year

The net surplus before tax in the financial year is stated after charging:-
Depreciation of owned fixed assets		 2024
2023
£
£
8,792
8,792

66 The contribution of volunteers

The charity depends on the support of its volunteers, which is much appreciated. The arrangements with the volunteers are difficult to value precisley in monetary terms and have not been recognised in the Statement of Financial Activities. The volunteers and the charity accept and agree that no contract of employment is cretaed by these arrangements.

7 Staff costs and emoluments

Salary costs
Gross Salaries excluding trustees and key management personnel
Total salaries, wages and related costs
The average number of part time staff employed in the year was
The estimated full time equivalent number of all staff employed in the year was		 2024
2023
£
£
10,120
9,526
10,120
9,526
4
3
1
1

The estimated equivalent number of full time staff deployed in different activities in the year was:-

Engaged on management and administration
The estimated full time equivalent number of all staff employed as above		 1
1
1
1

Neither the trustees nor any persons connected with them have received any remuneration from the charity or any related entity, either in the current or prior year.

No employees received emoluments (excluding pension costs) in excess of £60,000 per annum.

22

The Riley-Smith Hall Charitable Company

Notes to the Accounts for the year ended 31 July 2024

8 Remuneration and payments to Trustees and persons connected with them

No trustees or persons connected with them received any remuneration from the charity, or any related entity. Expenses reimbursed to Trustees in the year amounted to £668 (2023 : £792)

The amounts were paid from out of pocket expenses for routine running costs of the charity.

The number of trustees to whom expenses were re-imbursed was one (2023 : one)

9 Deferred income - Unrestricted and Designated funds

Current Year
Deposits for Hall rental in advance
Total
These deferrals are included in creditors
10 Tangible fixed assets
Current Year
Cost
At 1 August 2023
Additions
At 31 July 2024
Depreciation
At 1 August 2023
Charge for the year
At 31 July 2024
Net book value
At 31 July 2024
At 31 July 2023		 Opening
Deferrals
£
900
900		 Released
from prior
years
£
900
900
Land and
Buildings
£
266,300
-
266,300
26,104
5,326
31,430
234,870
240,196		 Received
less released
in year
£
-
-
2024
£
-
Plant &
Machinery
£
13,866
-
13,866
9,374
3,466
12,840
1,026
4,492		 Deferred
Deferred
at year end
at year end
£
£
-
-
-
-
2023
£
900
Motor
Vehicles
Total
£
£
-
280,166
-
-
-
-
280,166
-
35,478
-
8,792
-
-
44,270
-
235,896
-
244,688

23

The Riley-Smith Hall Charitable Company

Notes to the Accounts for the year ended 31 July 2024

Freehold land and buildings above include:
Cumulative depreciation based on historical cost
Revaluation of assets
Historical cost		 2024
2023
£
£
120,000
120,000
14,400
12,000
11
12
**13 **		 Debtors
2024
2023
£
£
Trade debtors
-
-
Prepayments and accrued income
4,989
4,097
4,989
4,097
The freehold property of the charity was valued in April 2018, in relation to the accounts for the year ended 31 July
2018, on a current use basis, by M J Stuart IRRV (Hons) of Malcolm Stuart Property Consultants LLP.
Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
-
-
Accruals
670
1,248
Deferred Income - Unrestricted & designated funds
-
900
y
y
PAYE, NIC VAT and other taxes
5
54
675
2,202
Revaluation reserve
Current year
Current year
Current year
Prior Year
Current year
Unrestricted
Funds
Restricted
Funds
Total Funds
Total Funds
2024
2024
2024
2023
£
£
£
£
At 1 August 2023
64,681
-
64,681
64,681
At 31 July 2024
64,681
-
64,681
64,681
All the revaluations in the prior year was unrestricted.
Prior Year
Prior Year
Prior Year
Prior year
Unrestricted
Funds
Restricted
Funds
Total Funds
2023
2023
2023
£
£
£
At start of previous year
64,681
-
64,681
At end of previous year
64,681
-
64,681

24

The Riley-Smith Hall Charitable Company

Notes to the Accounts for the year ended 31 July 2024

14 Income and Expenditure account summary
At 1 August 2023
Surplus after tax for the year
At 31 July 2024
15 Post balance sheet events		 2024
2023
£
£
208,311
252,136
28,667
(43,825)
236,978
208,311

There were no post balance sheet events.

16 Related party transactions

There were no transactions with related parties in the year with the exception of the trustees expenses which are disclosed in the notes above.

17 Particulars of how particular funds are represented by assets and liabilities

At 31 July 2024
Tangible Fixed Assets
Current Assets
Current Liabilities
At 1 August 2023
Tangible Fixed Assets
Current Assets
Current Liabilities		 Unrestricted
funds
£
-
66,438
(675)
65,763
Unrestricted
funds
£
-
76,596
(2,202)
74,394		 Designated
funds
£
155,234
-
155,234
Designated
funds
£
164,026
-
-
164,026		 Restricted
Total
funds
Funds
£
£
-
155,234
-
66,438
-
(675)
-
220,997
Restricted
Total
funds
Funds
£
£
-
164,026
-
32,506
-
(2,202)
-
194,330

25

The Riley-Smith Hall Charitable Company

Notes to the Accounts for the year ended 31 July 2024

18 Change in total funds over the year as shown in Note 17 , analysed by individual funds

Unrestricted and designated funds:-
Unrestricted Revenue Funds
Unrestricted Revaluation Reserve
Designated Fixed Asset Funds
Total unrestricted and designated funds
Restricted funds:-
Restricted Revenue fund
Total charity funds		 Funds brought
forward from
2023
£
44,285
64,681
164,026
272,992
-
272,992		 Movement
in funds in
2024
See Note 19
£
28,667
-
-
28,667
-
28,667		 Funds carried
forward to 2025
£
£
8,792
81,744
-
64,681
(8,792)
155,234
-
301,659
-
-
-
301,659
Transfers
between
funds in 2024

19 Analysis of movements in funds over the year as shown in Note 18

Unrestricted and designated funds:-
Unrestricted Revenue Funds
Restricted Revenue Funds		 Income
2024
£
97,512
-
97,512		 Expenditure
2024
£
(68,845)
-
(65,545)		 Other
Gains &
Movement
Losses
in funds
2024
2024
£
£
-
28,667
-
-
-
28,667

20 The purposes for which the funds

Unrestricted and designated funds:-

Unrestricted Revenue Funds

These funds are held for the meeting the objectives of the charity, and to provide reserves for future activities, and , subject to charity legislation, are free from all restrictions on their use.

Unrestricted Revaluation Reserve

This fund represents the unrestricted surplus arising on the revaluation of the charity's assets.

Designated Revenue Funds

The purpose of these funds is described under the accounting policy 'Accounting for capital grants and fixed asset funds'.

Designated Fixed Asset Funds

The purpose of these funds is described under the accounting policy 'Accounting for capital grants and fixed asset funds'.

26

The Riley-Smith Hall Charitable Company

Notes to the Accounts for the year ended 31 July 2024

~~-~~

21 Ultimate controlling party

The charity is under the control of its legal members.

Every member of the charity is obliged to contribute such amount as may be required not exceeding £1 to the assets of the company in the event of its being wound up while he or she is a member, or within one year after he or she ceases to be a member.

27

The Riley-Smith Hall Charitable Company

Detailed analysis of income and expenditure for the year ended 31 July 2024 as required by the SORP 2015

This analysis is classsified by conventional nominal descriptions and not by activity.

22 Donations, Grants and Legacies

Donations and gifts from individuals
Refunds from HMRC on gift aided donations
Total donations and gifts from individuals
Small donations individually less than £1000		 Current year
Unrestricted
Funds
2024
£
2,361
-
2,361		 Current year
Restricted
Funds
2024
£
-
-
-		 Current year
Total Funds
2024
£
2,361
-
2,361		 Prior Year
Total Funds
2023
£
300
-
300

Donations and gifts from individuals (Include HMRC refunds on gift aided donations) - Prior Year analysis

Prior year
Total private sector revenue grants
Revenue grants and donations from non public
bodies
Gift Aid Donations from subsidiaries		 Prior Year
Unrestricted
Funds
2023
£
300
Current year
Unrestricted
Funds
2024
£
21,759
21,759		 Prior Year
Restricted
Funds
2023
£
-
Current year
Restricted
Funds
2024
£
-
-		 Prior Year
Total Funds
2023
£
300
Current year
Total Funds
2024
£
21,759
21,759		 Prior Year
Total Funds
2023
£
-
-

28

The Riley-Smith Hall Charitable Company

Detailed analysis of income and expenditure for the year ended 31 July 2024 as required by the SORP 2015

----- Start of picture text -----
|||||| |---|---|---|---|---| |Current year|Current year|Current year|Prior Year| |Unrestricted|Restricted|Total Funds|Total Funds| |Funds|Funds| |2024|2024|2024|2023| |£|£|£|£| |Donated goods and services| |Donation of kitchen equipment|-|-|-|1,300| |-|-|-| |Total donated goods and services|1,300|

----- End of picture text -----

The analysis for the prior year was £1,300 restricted funds and £300 unrestricted

Donated goods and services - Prior Year analysis

----- Start of picture text -----
|||| |---|---|---| |Prior Year|Prior Year|Prior Year| |Unrestricted|Restricted| |Total Funds| |Funds|Funds| |2023|2023|2023| |£|£|£| |Prior Year|-| |1,300|1,300|

----- End of picture text -----

29

The Riley-Smith Hall Charitable Company

Detailed analysis of income and expenditure for the year ended 31 July 2024 as required by the SORP 2015

----- Start of picture text -----
Total Donations, Grants and Legacies
Unrestricted Restricted Current Year Prior Year
Current year Funds Funds Total Funds Total Funds
2024 2024 2024 2023
£ £ £ £
Total Donations, Grants and A1 24,120 - 24,120 1,600
Legacies
Unrestricted Restricted Prior Year
Prior year Funds Funds Total Funds
2023 2023 2023
£ £ £
Total Donations, Grants and A1 1,600 - 1,600
Legacies
----- End of picture text -----

23 Income from charitable activities - Trading Activities

Current year
Primary purpose and ancillary trading
24
Current year
Total income from charitable trading
Total from charitable activities
A2
Total Income from charitable activities
Letting of property for charitable purposes
Total Primary purpose and ancillary trading
Sale of goods and services in accordance with the
charity's objects		 Current year
Unrestricted
Funds
2024
£
-
71,847
71,847
Current year
Funds
2024
£
71,847
71,847		 Current year
Restricted
Funds
2024
£
-
-
-
Current year
Funds
2024
£
-
-		 Current year
Total Funds
2024
£
-
71,847
71,847
Current year
Total Funds
2024
£
71,847
71,847		 Prior Year
Total funds
2023
£
60
66,985
67,045
Prior Year
Total Funds
2023
£
67,045
67,045

30

The Riley-Smith Hall Charitable Company

Detailed analysis of income and expenditure for the year ended 31 July 2024 as required by the SORP 2015

25 Income from other, non charitable, trading activities

Total from other activities
A3
26 Investment income
Bank Interest Receivable
Total investment income
A4
Income from fundraising events		 1,374
1,374		 -
-		 1,374
1,374		 1,121
1,121
Prior Year
Total Funds
2023
£
50
50
Current year
Unrestricted
Funds
2024
£
171
171		 Current year
Restricted
Funds
2024
£
-
-		 Current year
Total Funds
2024
£
171
171

27 Expenditure on charitable activities - Direct spending

Current year
Current Year
Unrestricted
Funds
2024
£
110
1,125
Total direct spending
B2a
1,235
Expenditure on charitable activities - Charitable trading
Current year
Current Year
Unrestricted
Funds
2024
£
10,120
Total charitable trading costs
B2b
10,120
Marketing and advertising of charitable services
Gross wages and salaries - charitable trading
activities
Performing Rights Licence and other licences		 Current year
Restricted
Funds
2024
£
-
-
-
Current year
Restricted
Funds
2024
£
-
-		 Current year
Total Funds
2024
£
110
1,125
1,235
Current year
Total Funds
2024
£
10,120
10,120		 Prior Year
Total Funds
2023
£
298
1,243
1,541
Prior Year
Total Funds
2023
£
9,526
9,526

28 Expenditure on charitable activities - Charitable trading

31

The Riley-Smith Hall Charitable Company

Detailed analysis of income and expenditure for the year ended 31 July 2024 as required by the SORP 2015

29 Support costs for charitable activities

Current year
Current year
Current year
Current Year
Unrestricted
Funds
Restricted
Funds
Total Funds
2024
2024
2024
£
£
£
Premises Expenses
2,667
-
2,667
-
-
-
18,430
-
18,430
2,097
-
2,097
14,420
-
14,420
-
-
-
2,956
-
2,956
Administrative overheads
928
-
928
15
-
15
Professional fees paid to advisors other than the auditor or examiner
6,161
-
6,161
Financial costs
94
-
94
-
-
-
8,792
-
8,792
Support costs before reallocation
56,636
-
56,636
Total support costs - Current Year
56,636
-
56,636
The basis of allocation of costs between activities is described under accounting policies
All the expenditure in the prior year was unrestricted.
The basis of allocation of costs between activities is described under accounting policies
Sundry expenses
Depreciation & Amortisation in total for the period
Other legal and professional
Loan interest
Room Hire
Telephone, fax and internet
Rates and water charges
Cleaning and waste management
Other Premises Costs
Property insurance
Light heat and power
Premises repairs, renewals and maintenance
Bank charges		 Prior Year
Total Funds
2023
£
1,483
-
16,709
2,216
59,121
-
3,575
643
318
8,873
30
-
8,792
101,760
101,760

32

The Riley-Smith Hall Charitable Company

Detailed analysis of income and expenditure for the year ended 31 July 2024 as required by the SORP 2015

30 Other Expenditure - Governance costs

Current Year
Independent Examiner's fees
Trustees' indemnity insurance
Total Governance costs		 Current year
Unrestricted
Funds
2024
£
670
184
854		 Current year
Restricted
Funds
2024
£
-
-
-		 Current year
Total Funds
2024
£
670
184
854		 Prior Year
Total Funds
2023
£
630
184
814

All the expenditure in the prior year was unrestricted.

31 Total Charitable expenditure
Current Year
Total direct spending
B2a
Total charitable trading costs
B2b
Total support costs
B2d
Total Governance costs
B2e
Total charitable expenditure
B2		 Current year
Unrestricted
Funds
2024
£
1,235
10,120
56,636
854
68,845		 Current year
Restricted
Funds
2024
£
-
-
-
-
-		 Current year
Total Funds
2024
£
1,235
10,120
56,636
854
68,845		 Prior Year
Total Funds
2023
£
1,541
9,526
101,760
814
113,641

All the expenditure in the prior year was unrestricted.

31al Charitable expenditure (continued)

Prior Year
Total direct spending
B2a
Total charitable trading costs
B2b
Total support costs
B2d
Total Governance costs
B2e
Total charitable expenditure
B2		 Prior Year
Funds
2023
£
1,541
9,526
101,760
814
113,641		 Prior Year
Prior Year
Funds
Total Funds
2023
2023
£
£
-
1,541
-
9,526
-
101,760
-
814
-
113,641

33

The Riley-Smith Hall Charitable Company

Activity analysis of Income and expenditure for the for the year ended 31 July 2024

This analysis is classsified by activity and not by conventional nominal descriptions.

31 Analysis of income by activity

SOFA ref
Sales of goods and services in accordance with the charity's objects
Letting of property for charitable purposes
A2
Summary of Total Income, including the items above
Charitable activities
A2
Other activities
A3
Donations & Legacies
A1
Investment income
A4
Total income as shown in the SOFA
A
Income from charitable activities
Total Income from charitable activities
Activity		 2024
£
60
64,003
64,063
64,063
1,374
24,120
171
89,728		 2023
£
110
58,977
59,087
59,087
1,121
1,600
50
61,858

32 Analysis of charitable expenditure by activity

Activity

Letting of property for charitable purposes
Direct costs
Employee costs not included in direct costs
Premises expenses
Administrative overheads
Professional fees
Financial costs
Total Letting of property for charitable
purposes		 Direct
costs
2024
£
1,541
9,526
-
-
-
-
11,067		 Support
costs
2024
£
-
-
83,104
961
8,873
8,822
101,760		 Grant
funding
of
2024
£
-
-
-
-
-
-
-		 Total
2024
£
1,541
9,526
83,104
961
8,873
8,822
112,827		 Total
2023
£
879
5,408
34,704
588
-
7,246
48,825

Summary of charitable costs by activity

34

The Riley-Smith Hall Charitable Company

Activity analysis of Income and expenditure for the for the year ended 31 July 2024

Total Letting of property for charitable purposes
Total charitable expenditure
Total Governance costs as detailed in Note 30		 Direct
costs
2024
£
11,067
-
11,067		 Support
costs
2024
£
101,760
854
102,614		 Grant
funding
of
2024
£
-
-
-		 Total
2024
£
112,827
854
113,681		 Total
2023
£
48,825
814
49,562

The basis of allocation of costs between activities is described under accounting policies

The breakdown of this expenditure by type of spending (ie nominal classification) is detailed in note 31

33 Analysis of non charitable expenditure by activity

Governance costs
Other Expenditure - Governance costs as detailed in Note 30		 Governance
costs
2024
£
854		 Governance
costs
2023
£
814

35