##
|||Page|
|---|---|---|
|Charity
Information|||
|Trustees'
Report|||
|Auditors'
Report|||
|Consohdated
Statement of Financial|Activities||
|Consolidated
Balance Sheet|||
|Company
Balance Sheet||10|
|Consolidated
Cash Flow Statement|||
|Notes to the Accounts||12 - 20|
##
|TRUSTEES|Paul von der Heyde,|Paul von der Heyde,|Chairman|Chairman|||||
|---|---|---|---|---|---|---|---|---|
||Hugh Garforth-Blas||||||||
||Peter Head||||||||
||Charles Vernon||||||||
||Ben Burbidge||||||||
||Jonathan
Hindle||||||||
||Hayden
Davies (appointed|||29 November|||2022)||
|OFFICERS|The Master:||Tony Attard|||(from May 2022)|||
||||Amanda||Waring||(from May 2023)||
||Senior Warden:||Amanda||Waring||(from May 2022)||
||||Brian Ahern|||(from May 2023)|||
||Junior Warden.||Bnan Ahern|||(From May 2022)|||
||||Debbie||Johnson||(From May 2023)||
||Treasurer:||Allstalr||Gough (from May 2022)||||
|CHIEF EXECUllVE|Jonathan
Westbrooke||||||||
|CHARIJY NUMBER|1015519||||||||
|REGISTERED|Furniture
Makers'|Hall|||||||
|OFFICE|12 Austin
Friars||||||||
||London||||||||
||EC2N 2HE||||||||
|AUDITORS|Hillier Hopkins
LLP||||||||
||l4idius House||||||||
||51 Clarendon
Road||||||||
||Watford WD17 1HP||||||||
|BANKERS|CAF Bank, Kings|Hill,|West|Mailing,||Kent|ME19 4PY||
||National
Westminster||Bank,|St|Pauls|Churchyard,
London||EC4M BBU|
|INVESTMENT|Rathbone
Investment||Management|||Ltd,|1 Curzon Street, London W13 5FB||
|MANAGER|||||||||
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||||||Unrestricted|Restricted||||
|---|---|---|---|---|---|---|---|---|---|
|||||Note|generalfunds|funds|Totalfunds|Totalfunds||
|INCOME|||||2023|2023|2023|2022||
||||||E|6|E|I||
|Voluntary
income|||||480,612||'180,612||603,347|
|Investment
mcome|||||82,818||82,818||83,451|
|Other income|||||105,488||105,488||106,503|
|TOTAL INCOME AND ENDOWMENTS|||||||668,918||793,301|
|RESOURCES EXPENDED||||||||||
|Expenditure
on raising funds||||5,6|357,596||357,596||276,903|
|Expenditure
on chantable
activities||||7,8,9,10|905 414||905414||699927|
|TOTAL RESOURCES EXPENDED|||||\.,263,010||1,263,010||976,830|
|NET INCOME/(EXPENDITURE)||AND NET MOVEMENT|||(594,092)||(594,092)|(183,529)||
|IN FUNDS BEFORE GAINS AND||l.OSSES ON||||||||
|INVESTMENTS||||||||||
|Gains and losses on disposal|ofinvestment||amets||234,934||234,934||214,511|
|Gains and losses on revaluations||of investments||||||(430,638)||
|NET INCOME/(EXPENDITURE)|||||||(668,906)|(399,656)||
|Funds balance
brought
forward|||||6926 158||6926 158|7|325814|
|FUNDS BALANCE CARRIED||FORWARD|||SnT57,252||6,257,252|6,926,158||
##
||||||||CONSOLIDATED
CASH FLOW STATEHENT|CONSOLIDATED
CASH FLOW STATEHENT|||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||FORTHE TEAR ENDED 30|APRIL 2023|||
||||||||2023||2022||
|||||||Notes|E||6||
|Ca4h tlows fram operating||activities|||||||||
|Met movement
in Funds|||||||(660,906)||(399,656)||
|Decrease (increase)
in stock|||||||||||
|Decrease (increase)
in debtors|||||||19,341||(135,169)||
|Increase (decrease)
in creditors|||||||55,072||25,903||
|Add back depreoatlon
charge|||||||100,324||113,426||
|Deduct gains on disposal
on|investments||||||(234,93'1)||(214,511)||
|Deduct interest
lk dividends|shown||as investing||activity||(02,010)||(83,451)||
|Add back investment
management|||fees||||26,636||25,119||
|Add back unrealsed
bases on||investments|||||370,246||430,638||
|Add back interest charged|||||||||00 7')8||
|Net cash used in operatins||activitihw||||||(334,005)||(150,$73)|
|Cash Howe from investing||activities|||||||||
|Purchase of tangible
fared assets||||||16|(5,380)||(0,003)||
|Purchase of investments||||||17|(691,172)||(419,634)||
|Disposal of investments||||||17|9D1,071||543,651||
|Profit on disposal of investments|||||||234,934||214,511||
|Interest and dividends|||||||02,010||03.451||
|investment
management
l'ees|||||||||||
|Net cash provided
by investing|||activity|||||496,435||307,077|
|Cash flows from finandng||acUmties|||||||||
|Mortgage
capital repayments|||||||N3, 172)||(69,644)||
|Mortgage
interest paid|||||||||||
|Net cash fiows from financing|||activities|||||(151,429)||(150,312)|
|Change in cash and cash|equivalents|||in the year|||||||
|Analysis ofchanges
in net||debt|||||||||
||||||||Srought|||Carried|
||||||||forward|Cash flows|Other non- cash changes|forward|
|Cash|||||||375,503|10,121||305,624|
|Cash Equivalent|||||||||||
|Loans falling due within one|year||||||(73,172)|73,172|(75,000)|(75,000)|
|Loans falling due after mare|than one year||||||(1,408,154)||72,074|(1,336,000)|
|Total|||||||||||
##
##
|2.Voluntary|2.Voluntary||Income|Income|||||||||Total|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||Unrestricted|funds|Restricted|funds|Totalfunds|funds|
|||||||||2023I||2023
I||2D23
E|2022
E|
|DonatiOnS||||||||131,897||||131,897|283,726|
|Events snd|functions|||||||174,782||||174,782|209,171|
|Membership||inmme||||||173|933|||173,933|~110450|
|||||||||||||~400 612|~603 347|
|3.Investment|||Income|||||||||||
|||||||||Unrestricted|funds|Restricted|funds|Totalfunds|Totalfunds|
|oividendshnteresi||||recened||||2023
E||2023
E||2023
E
~18|2022
E
83,451|
|4.Other Inceme||||||||||||||
|||||||||Unrestricted|funds|Restricted|funds|Tatalf
nds|Totnifunds|
|||||||||2023I||2023
E||2023
E|2022I|
|Rental acorns
Other mcome|||snd
hall hire
/(government|||grants)||103,906
1,582||||103,9D6
~1582|ID4,890
~1613|
|||||||||||||~105488|~IDE 503|
|5.Costs of|Generating||||Voluntary||Income|||||||
|||||||||Unrestricted|funds|Restricted|funds|Totalfunds|Totalfunds|
|||||||||2023||2023||2023|2022|
|Dlmct costs|||||||ll|E
69,203||E||E
69,203|E
44,413|
|5Up pn*c0s|tv||||||12|||||261757|ID7 371|
|||||||||||||~330 DED|251784|
|6.Invesnnent|||Management|||Costs||||||||
|||||||||Unrestricted|funds|Restricted|funds|Totalfunds|Total funds|
|||||||||2023||2023||2023|2022|
|Investment|Management||||fees|||||||E
~26 636|E
25 119|
|||||||||Unrestricted||Restricted|||Total|
|7.Grants to||Individuals||||||funds||funds||Totalfunds|funds|
|||||||||2023|||2023|2023|2022|
|Welfare Grants||||||||E
177|207|E||5
~177207|E
~IDI 356|
|||||||||||||177107|~IDI 356|
##
|0.Grants to Institutions|0.Grants to Institutions|0.Grants to Institutions|Note|||||||
|---|---|---|---|---|---|---|---|---|---|
||||||Unrestricted
funds||Restricted funds|Totalfunds|Tntalfunds|
||||||2023||2023|2023|2022|
|||||||E|6|E|E|
|Grants to educational||institutions||||2,500||2,500|7,19D|
|Grants to other|institubons|||||||19,140|4 000|
|||||||21,640||21,640|~11990|
|9.Other Charitable||Acbvltles||||||||
||||||Unrestricted
funds||Restricted funds|Tetalfunds|Totalfunds|
||||||2023
E||2023|2023I|2022
E|
|Direct costs|||11|||62,798||62,798|1D,512|
|Suppo* costs|||12|||239,480||239,480|189,722|
|property
expenses|||13|||335,846||335846|330,575|
|||||||||638 124|533809|
|10.Governance|Costs|||||||||
||||||Unrestricted
funds||Restricted funds|Totalfunds|Total funds|
||||||2023
E||2023
E|2023
E|2022I|
|Direct costs
Support costs|||11
12|||12,750
55,693||17,750
~55 693|11,650
~44 122|
|||||||||~68 443|55772|
|11.Direct Costs||||Generating||||||
|||||funds|Charbabk|activities|Governance|Total funds|Totalfunds|
|||||2023
E|2073
I||2023
E|2023
E|2022I|
|Auditor'
remuneration|||||||12,750|12,75D|11,650|
|Other chantabie|activities|||||62,798||67,798|10,517|
|Corporate
membership
Fundraising
events||costs||17,672
51531||||17,672
~51531|7,734
~36679|
|||||~69 203|||12,750|~144 751|66575|
|12.Support Costs||||Generating||||||
|||||furirls|Charitable|activities|Governance|Totalfunds|Tntalfunds|
|||||2023
8|2023
I||2023
I|2023
E|2022
6|
|Skff costs||||183,453||167,839|39,033|390,315|354,345|
|PR aod promotions||||38,831||35,527|8,262|82,620|47,985|
|General administration||costs||31,093||29,361|6,828|68,182|21,597|
|Other depreciation||||7 380|||l. 57D|15,703|17288|
|||||~261 757||||~556930|~441 215|
|13.Property
Expeiiaea||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||Unresticted||funds|Restricted funds|Total ftlhda|Total funds|
||||||||||2023||2023|2023|2022|
||||||||||E||E|E|E|
|Premises||||||||||||||
|General
premises
expenses|||||||||170,275|||170,275|153,640|
|Premises depreoation
Fmance|||||||||84,621|||84,621
~80 950|96,138
~80 797|
|||||||||||||335846|330575|
|14.Net Incoming
/(Outgoing)||Resources||||||||||||
|This is stated after chargmg||||||||||||2023|2022|
|||||||||||||E|8|
|Oepreoabon
oftangible
fixed|assets;|||||||||||||
|Owned
by the chantable
Auditors
remuneration|group|||||||||||100,324
~12 750|113,426
~tt 65D|
|During the year, no trustees|received||any|remuneration|||(2022: INil)|||||||
|Durmg the year, no trustees|received||any|benefits||in land (2011:ENil)||||||||
|Ounng
the year, no trustees|received||reimbursement||||of expenses (2022i ENII)|||||||
|15.Staff Costs||||||||||||||
|||||||||||||2023
F.|2022I|
|Staff costs were as follows:||||||||||||||
|Wages and salanes||||||||||||367,685|315,262|
|Temporary
staff costs||||||||||||11,262|9,615|
|Employers
pension
contnbutions||||||||||||40,173|32,371|
|Other staff benefits||||||||||||5,677|5,339|
|Employers
National
insurance|contributions|||||||||||37,410|33,208|
|Staff traming
Corporate
Fund Contnbution||||||||||||598
~74,000|34D
~45 QQD|
|||||||||||||~388 805|~351 135|
|||||||||||||2023|2022|
|||||||||||||NO.|Ne.|
|The average
monthly
number|of|employees|||during|the year was||as follows||||||
|||||||||||||2023|2022|
|||||||||||||No.|No.|
|The number of higher
paid employees|||was'.|||||||||||
|ln the band 680,000-19D,QQQ||||||||||||||
|||||||||||||2023
E|2022I|
|Tatal cost of key management|personnel|||induding||remuneration,||pension,|benefits|and||~(21 533|115,630|
##
|Freehold
property|Improvements
property|to|Fixtures, fittings,
equipment
lt
Soltware|
|---|---|---|---|
||||6|
|3,219,610|429,140||384,271|
||||5,380|
|~3219610|~429 140|||
|440,373|298,904||311,451|
|32,196|43,140||24,988|
|~472 569|~342 044|||
|~2747 041|~87096||53,212|
|~2779 236|~130236|||
|Frederick Parker||||
|Collection
I|Trophies
I||Total|
|136,726|31,384||4,201,131|
||||5,380|
|~236 726|~31384|||
|9,520|31,384||1,091,632|
||||100,324|
|~9520|31384|||
|~127 206||||
|~127206||||
|Fixtures,||||
|---|---|---|---|
|fittings,||||
|equipment|Frederick|||
|and|Parker|||
|soltware|Cogsction|Trophies||
||||Total|
||||E|
|133,439|136,726|31,384|301,549|
|5,380|||5,380|
|~238$19|~136726|~31384||
|85,170|9,520|31,384|126,074|
|15,702|||15,702|
|~IDD 872|9520|31 384||
|~37 947|~127 206|||
|~48269|~127 206|||
##
##
|17.Fixed As|mts I|nv|e*me|nts||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||||||Listed|securities|
|Group|||||||||||||||E|
|Market value||||||||||||||||
|At 1st May||2022|||||||||||||'I,865,110|
|Additions|||||||||||||||691,172|
|OISPOSals|||||||||||||||(901,871)|
|Unreagsed
gains/losses||||||||||||||||
|At 30Apnl||2023||||||||||||||
|Group investments||at market value|||||comprise:|||||2023|||2022I|
|Listed investments||||||||||||~4284|165|||
|All the fixed asset mvestments||||are held||in the UK||||||||||
|||||||||||||||Listed|securities|
|Parent charity|||||||||||||||I|
|Market
value||||||||||||||||
|At 1st May||2022|||||||||||||4,865,110|
|Additions|||||||||||||||691,172|
|Oisposals|||||||||||||||(901,871)|
|Unreahsed
gains/losses||||||||||||||||
|At 30 Apnl||2023||||||||||||||
|Parent charity investments||||at market value compdise:||||||||2023|||2022|
||||||||||||||||E|
|Listed investments||||||||||||~4284|165|||
|Ag the fixed asset investments||||are held||in the UK||||||||||
|1S.Debtors|||||||||||||Parent|chari||
|||||||||2023||2022||2023|||2022|
|||||||||6||8||E|||E|
|Trade debtors||||||||115,706||135,418||86,778|||91,485|
|Amounts
owed|by group||undertakings|||||||||51,534|||51,534|
|Amounts
owed|by undertakmgs|||m which|||the company has|||||||||
|partiopating
interest||||||||88,423||130,877||88,423|||130,877|
|VAT|||||||||||262|3,645|||517|
|Other debtors
Prepayments
and accrued Income||||||||~68 216||25|109|34|540
669||13,858|
|||||||||~272 345||~291686||||||
|Oue alter more than one year||||||||||||||||
|Amounts
owed|by group||undertakings|||||||||||||
|19.Creditors|||||||||Grav||||Parent|charity||
|||||||||2023I||2022I||2023
8|||2022
E|
|Mortgage
payments||due|within|one year||||75,000||73,172||||||
|Trade creditors||||||||40,38'I||2,734||14,830|||2,734|
|Amounts
owed|to group||undertakings|||||||||12,931|||12,529|
|Amounts
owed|to other||participatmg||interest|||1,725||2,205||||||
|Other taxatlon|and social security|||||||10,679||10,123||10,679|||10,123|
|VAT||||||||4,547||||||||
|Other creditors
Accruals and deferred||mcome||||||10,339
~223 433||10,873
211128||~203|455
027||989|
|20.Creditors|Due After More than||||||One Year|||||||||
|Mo*gage
Long term
loan|owed|to|other|partiopatlng|||interest|1,217,498
~118582||1,292,457
115697||||||
|||||||||~1336080||~1408|154|||||
|||||||NOTES TO THE FINANCIAL STATEMEHTS|NOTES TO THE FINANCIAL STATEMEHTS|NOTES TO THE FINANCIAL STATEMEHTS||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||FOR THE YEAR|ENDED 30APRIL|2023||||
|21.matement|||of Funds|||||||||
||||||2023|2D23|2023||2023|1023|2023|
|GIOUp|||||Brought|tncominp|ROSOUICCS||Gains/|FUOS|Carried|
||||||folwsni|romUIcos|espcnded||(losses)|tfahsfef|forward|
||||||E|E|E||6|6|E|
|Unrestricted||funds||||||||||
|GefleIBI funds
Revalualun
felsrvs|||||4,996,894
~IOLBI&i|668,918|(1,763,010)||234,934
~309||4,547,736
~t)09516|
||||||~6926 iSE|~660 918|I 63010||~74 814||6757 252|
||||||2023|2023|1023||2023|2023|2013|
|Parent charity|||||SIOUght|Incoming|RssoUrcas||Ginns/|Fund|Carried|
||||||f0lwa I'd|ISSOUfCCC|CspChdCd||(106ses)|transfer|ferward|
||||||E|E|6||E|E|E|
|Unrestricted||runds||||||||||
|Generalfunds
Revaluation|reserve||||4,369,631
1571 100|578,454|(1,174,267)||734,934
~309740||3,999,757
I 261 352|
||||||~5931731|~578454|1174162||~74 814||~5261 109|
|2022 Statement of Funds||||||||||||
||||||2022|2022|2022||2022|2022|2022|
|Group|||||Bmught|Incoming|Resources||Gains/|Fund|Carried|
||||||forward|fsscUfcm|IBlpehdlul||(106686)|transfer|forward|
||||||E|E|6||E|6|E|
|Uhfestflcted||funds||||||||||
|General funds
Revaluation
reserve|||||4,1M8,537
~7902|793,301|(949,455)||214,511
~430||4,906,894
~2019264|
||||||~7439|~793 301|CW 4SS||216 127|||
|Restricted|funds|||||||||||
|Maple Rarner||Trust|restricted|funds|27 375||77375|||||
||||||27 375||17375|||||
||||||~7325$14|~793 301|~976|0|~216 127|||
##
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