**Company No: 02856983 Charity No: 1027444** **STRICKLANDGATE HOUSE TRUST LIMITED (A COMPANY LIMITED BY GUARANTEE) REPORT AND FINANCIAL STATEMENTS** **FOR THE YEAR ENDED 30 SEPTEMBER 2021** ## **STRICKLANDGATE HOUSE TRUST LIMITED** CONTENTS |Reference and administrative information|1| |---|---| |Report of the trustees|2| |Independent examiner's report to the trustees|5| |Statement of financial activities|6| |Balance sheet|7| |Notes to the accounts|9| |The following pages do not form part of the accounts:|| |Income and expenditure account|16| |Schedules to the income and expenditure account|17| ## **STRICKLANDGATE HOUSE TRUST LIMITED** REFERENCE AND ADMINISTRATIVE INFORMATION (Company Number: 02856983) (Registered Charity Number: 1027444) Trustees R M Cope Chairman G Vincent S M Emmott W Sayers Resigned 3 January 2021 J J Leigh M Belk N J Brown C Ranshaw Appointed 22/10/2021 Secretary J N Gallagher Resigned 05/03/2021 R J Downing Appointed 05/03/2021 Registered Office 92 Stricklandgate Kendal LA9 4PU Accountants MHA Moore and Smalley Chartered Accountants Kendal House Murley Moss Business Village Oxenholme Road Kendal LA9 7RL Page 1 ## **STRICKLANDGATE HOUSE TRUST LIMITED** ## REPORT OF THE TRUSTEES The Trustees present their report and the financial statements of the charity for the year ended 30 September 2021. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) “Accounting and Reporting by Charities” (FRS 102) in preparing the annual report and financial statements of the charity. The financial statements have been prepared in accordance with the accounting policies set out in the notes to the accounts and comply with the Trust’s governing document, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard for Smaller Entities applicable in the UK and Republic of Ireland published in October 2019. ## **Trustees of the charity** The directors of the charitable company are its trustees for the purposes of charity law. The trustees who have served during the year and since the year end were as follows: R M Cope W Sayers Resigned 3 January 2021 J J Leigh Interim Joint Chair M Belk Interim Joint Chair N J Brown R J Downing Treasurer and Company Secretary G Vincent S Emmott C Ranshaw Appointed 22 October 2021 ## **Objectives and Activities** ## **Objects of the Charity** The objectives of the charity are to promote and improve the efficiency and effectiveness of charities in direct pursuit of their objectives by the provision of premises and facilities for such charities. These charities provide public benefit to the local and wider community through a range of services and support including volunteering, charity start-ups, mental health services and support, addressing domestic violence, family support organisations, organisations for young people, community transport, a music charity, dyslexia diagnosis and support, redistribution of food from local sources and supermarkets and counselling services. ## **Principal activity** The company is principally engaged in the provision of premises and facilities for charities and not-for-profit organisations working in the local community. ## **Organisational structure** A Board of Trustees, of up to 8 trustees, who meet at least quarterly, administers the charity. Sub committees are in place to cover such issues as development and financeFollowing the resignation of the Centre Manager the Centre Manager’s Assistant was appointed as Part Time Interim Manager to support the Trustees in managing the day-to-day operations of the charity. The small Housekeeping Team were furloughed. ## **Achievements and performance** September 2021 found the Trust with an optimism for its future service to the community after months of pandemic induced uncertainties. Board meetings were held by Zoom, sometimes fortnightly, keeping our “finger on the pulse" and enabling Trustees to adapt our service in ever changing times, whilst making sure that the responsibility for the building did not lapse. In February our long serving Centre Manager and Company Secretary was recruited to a new post based nearer to his home. He had worked mainly from home during the preceding year, constantly seeking grants, but finding the Trust to be ineligible in every case. The housekeeping staff were furloughed under the Government scheme and Stricklandgate House remained closed. The Manager’s Assistant took on the post of Temporary Part Time Centre Manager (TPTCM), putting in many additional hours as Stricklandgate House gradually reopened. In March the Chairman of Trustees stood down from his post, but he remains on the Board. John Leigh and Margaret Belk agreed to share the post as joint Chair, Roger Downing became Company Secretary, and, along with other Trustees, have worked tirelessly to support the operational running of the Trust, applying for grants and managing staff alongside their traditional Trustee role. Page 2 **STRICKLANDGATE HOUSE TRUST LIMITED** ## REPORT OF THE TRUSTEES _(continued)_ ## **Achievements and performance (continued)** One tenant left with no notice and owing back rent, a small portion of which has since been recouped, leaving only 9 tenants and no room bookings until restrictions eased further during summer, and, by September 2021, we had 11 tenants and counselling space was once more being booked, boosting our income once more. A COVID recovery grant, sought by Trustees in February, had covered day-to-day running costs and overheads and Trustees were keen to underpin the viability of the Trust. A grant from The Scott Trust, one of the tenant organisations, financed professional support from Wingspan to write a 5 Year Business Plan. Recovery and Business Plans in place, Trustees were able to apply to grant giving organisations to urgently bring the requirements of Fire Safety up to date, fix problems with the lift and make the leaking flat roof safe and watertight until further work could be carried out. Successful applications to Cumbria Community Foundation and Cumbria County Council’s Local Committee ensured upkeep of the building and a South Lakeland District Council COVID grant was shared between our existing tenants to ease their rental burden. An application post year end to BIG Lottery’s Community Fund has secured a plan to engage professional input for an assessment of the state of the Grade II listed building prior to a Lottery grant application which will see Stricklandgate House a safe and comfortable building for the tenants and community it serves in years to come. Plans to sell the Coach House were reviewed again because of the associated cost of servicing a future split: meanwhile the Coach House was used by the Waste to Wellbeing charity for food storage and weekly distribution, leading to a rethink of the sale of the building. In September, Colin Ranshaw, who brings a wealth of expertise and experience, was welcomed onto the Board of Trustees. We felt sufficiently financially secure to advertise for a Job Share Centre Manager to ease the burden on the TPTCM, who would step into a permanent job share manager role and allowing Trustees to step back from operational matters in the near future. September 2021 sees the Trustees confident for the future of the service we offer to local charities and charitable organisations and for our beautiful old building which has been part of Kendal’s heritage since 1760. The board have had due regard to guidance published by the Charity Commission on Public benefit. ## **Plans for Future Periods** The financial year 2020/21 has continued to be a challenge with the effect of the pandemic ever present. Stricklandgate House is open and functioning with more activity with each passing week. Progress has been made in many areas especially safety. The Trustees are confident that the recent lottery funding award for detailed professional help on the uses, condition, design and a sustainable approach to our future will give the trust a viable building that will serve the community well into the future. We move forward with refreshed optimism. ## **Financial review** ## **Reserves policy** It is the objective of the Trust to maintain reserves to meet future repairs to the building and to fund administration costs. Any surplus over this requirement is utilised towards capital improvements of the facilities. Free reserves at the year-end was £47,506 (2020: £10,962). Of this amount, £33,523 (2020: £47,419) represents long term loan liabilities which are not due for repayment until more than 12 months from the balance sheet date. After allowing for the above, short term free reserves amounts to £81,029 (2020: £58,381). ## **Investment Policy** The Trustees do not envisage the charity holding investments in the foreseeable future. ## **Fixed Assets** The principal items of capital expenditure are set out in note 8 to the financial statements. ## **Structure, Governance and Management** ## **Constitution** Stricklandgate House Trust Limited is a company limited by guarantee and a registered charity governed by its Memorandum and Articles of Association dated 27 September 1993. Page 3 **STRICKLANDGATE HOUSE TRUST LIMITED** ## REPORT OF THE TRUSTEES _(continued)_ ## **Recruitment and appointment of Trustees** The Trust maintains a cross section of experience from Trustees that covers general management, building services, property management, finance and legal activities. When a vacancy occurs for a Trustee role then the Trust utilises the experience, knowledge and networking skills of the Trustees to fill the vacancy. The Trustees are then given responsibilities for particular areas of activity as well as their overall Trustee roles. ## **Risk Management** The Trustees have identified the major risks to which the charity is exposed. These risks have been reviewed and systems established to manage them. In keeping under review the charity’s activities, Trustees are mindful of the potential for any changes to the present range of risks, especially those concerning Covid-19, and will adjust systems when and where required. ## **Trustees’ Responsibilities** The Trustees (who are also directors of Stricklandgate House Trust Limited for the purposes of company law) are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the Trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the Trustees are required to: - select suitable accounting policies and then apply them consistently; - observe the methods and principles in the Charities SORP 2019 (FRS 102); - make judgements and estimates that are reasonable and prudent; - state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation. The Trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. JJ Leigh **Joint Interim Chairman** ## Date: 01/02/2022 Page 4 INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF ## **STRICKLANDGATE HOUSE TRUST LIMITED** I report to the charity trustees on my examination of the accounts of the company for the year ended 30 September 2021 which are set out on pages 6 to 15. ## **Responsibilities and basis of report** As the charity trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’). Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your company’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. ## **Independent examiner's statement** I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities. 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 accounts to be reached. ## **Colin Johnson FCCA MHA Moore & Smalley** **Date** 01/02/2022 Chartered Accountants Kendal House Murley Moss Business Village Oxenholme Road Kendal Cumbria LA9 7RL Page 5 ## **STRICKLANDGATE HOUSE TRUST LIMITED** STATEMENT OF FINANCIAL ACTIVITIES (including Income and Expenditure Account) FOR THE YEAR ENDED 30 SEPTEMBER 2021 |**Note**
**Income and endowments from:**
Grants and donations
**3**
Investment income
**4**
Letting income
**2**
Other income
**5**
**Total income and endowments**
**Expenditure:**
Charitable activities (excluding depreciation)
**Total expenditure**
**6**
**Net income before other recognised**
**gains and losses**
Depreciation
**8**
**Net movement in funds/net**
**expenditure for the year**
**Reconciliation of funds**
Total funds brought forward
**Total funds carried forward**|**Unrestricted**
**Restricted**
**2021**
**2020**
**Funds**
**Funds**
**Total**
**Total**
**£**
**£**
**£**
**£**
**64,028**
**-**
**64,028**
9,575
**7**
**-**
**7**
59
**53,216**
**-**
**53,216**
65,710
**17,800**
**-**
**17,800**
40,756| |---|---| ||**135,051**
**-**
**135,051**
116,100| ||**98,507**
**-**
**98,507**
130,085| ||**98,507**
**-**
**98,507**
130,085| ||**36,544**
**-**
**36,544**
(13,985)
**(10,303)**
**-**
**(10,303)**
(11,890)| ||**26,241**
**-**
**26,241**
(25,875)
**526,132**
**-**
**526,132**
552,007| ||**552,373**
**-**
**552,373**
526,132| Page 6 ## **STRICKLANDGATE HOUSE TRUST LIMITED** BALANCE SHEET ## AS AT 30 SEPTEMBER 2021 |**Note**
**Fixed assets**

Tangible assets
**8**
**Current assets**
Debtors
**9**
Cash at bank and in hand

**Creditors**: amounts falling due
within one year
**10**
**Net current assets**
**Total assets less current liabilities**
**Creditors**: amounts falling due
after more than one year
**11**
**Net assets**
**Funds**
Unrestricted
Restricted
**Total charity funds**|
**£**
**7,937**
**92,361**
**100,298**

**(19,269)**



|**2021**

**£**
**£**
**504,867**
18,698
57,584
76,282
(17,901)
**81,029**
**585,896**
**(33,523)**

**552,373**

**552,373**
**-**

**552,373**


|**2020**
**£**
515,570
58,381
573,551
(47,419)
526,132
526,132
-
526,132
| |---|---|---|---| Page 7 ## **STRICKLANDGATE HOUSE TRUST LIMITED** BALANCE SHEET _(continued)_ ## 30 SEPTEMBER 2021 For the year ending 30 September 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. No member or members have requested an audit pursuant to section 476 of the act. Directors’ responsibilities: - The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; - The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the special provisions for small companies under Part 15 of the Companies Act 2006. These accounts were approved by the directors and authorised for issue on …………………………….. and are 01/02/2022 signed on their behalf by: ………………………………………….. ………………………………………….. **R M Cope - Director J Leigh - Director** ## **Company Registration Number: 02856983** ## **Charity Number: 1027444** Page 8 ## **STRICKLANDGATE HOUSE TRUST LIMITED** NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2021 **1. Accounting Policies** Stricklandgate House Trust Limited is a company limited by guarantee in England and Wales. ## **Basis of preparation** The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued in October 2019, the Charities Act 2011, the Companies Act 2006 and UK Generally Accepted Practice as it applies from 1 January 2015. The charity has applied Update Bulletin 1 as published on 2 February 2016 and does not include a cash flow statement on the grounds that it is applying FRS 102 Section 1A. Stricklandgate House Trust Limited meets the definition of a public entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s). The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £. ## **Income** All incoming resources are included in the Statement of Financial Activities (SOFA) when the charitable company is legally entitled to the income, it is reasonably certain it will be received and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income: - Voluntary income received by way of grants, donations and gifts is included in full in the SOFA when receivable. Grants, where entitlement is not conditional on the delivery of a specific performance by the charity, are recognised when the charity becomes unconditionally entitled to the grant. - Donated services and facilities are included at a value to the charity where this can be quantified. No amounts are included in the financial statements for services donated by volunteers. -  Investment income is included when receivable. - Incoming resources from grants, where related to performance and specific deliverables, are accounted for as the charity earns the right to consideration by its performance. - If income is received but the related performance does not take place until a later accounting period the income will be deferred to that accounting period. ## **Expenditure** All expenditure is accounted for on an accruals basis inclusive of any VAT which cannot be recovered and has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with use of the resources. Charitable activity expenditure comprises those costs incurred by the charity in the delivery of its activities and services. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. Costs relating to a particular activity are allocated directly; others are apportioned on an appropriate basis. ## **Government grants** Government grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received. Page 9 ## **STRICKLANDGATE HOUSE TRUST LIMITED** NOTES TO THE FINANCIAL STATEMENTS _(continued)_ ## FOR THE YEAR ENDED 30 SEPTEMBER 2021 ## **Going concern** At the time of approving the financial statements, the directors have a reasonable expectation that the charity has adequate resources to continue in operational existence for a period of at least 12 months from the date the accounts are approved. Thus, the trustees continue to adopt the going concern basis of accounting in preparing the financial statements. ## **Tangible Fixed Assets and Depreciation** Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life as follows: |Long leasehold buildings|2%| |---|---| |Furniture & Equipment|25% / 15%| |Computers|25%| ## **Impairment Reviews** Impairment reviews are only carried out where there is some indication that the recoverable amount of a functional fixed asset is below its net book value. If the recoverable amount of the asset is lower than the net book value the loss is recognised and treated as additional depreciation. The revised carrying amount of the asset is then depreciated over its remaining useful economic life. ## **Accumulated Funds** Accumulated funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. ## **Restricted funds** Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. Any overspends are met by unrestricted funds. ## **Financial instruments** Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. ## **Debtors** Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid after taking account of any trade discounts due. ## **Creditors and provisions** Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due. ## **Pension** The company operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the company. The annual contributions payable are charged to the SOFA. ## **Cash at bank and in hand** Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. Page 10 ## **STRICKLANDGATE HOUSE TRUST LIMITED** NOTES TO THE FINANCIAL STATEMENTS _(continued)_ FOR THE YEAR ENDED 30 SEPTEMBER 2021 ## **2. Net Movement in Funds** The net movement is attributable to the principal activities of the charity, and is earned entirely within the United Kingdom. Deficit/Surplus is stated after charging |
Depreciation
Accountants’ remuneration
- For Accountancy Services
- For Other Services
And after Crediting:
Service Charges
**3. Grants and donations**
Government grant – CJRS
SLDC Grants
Kendal Town Council
Cumbria County Council
**4. Interest receivable and similar income**
Bank interest||**2021**
**£**
**10,303**
**2,490**
**3,332**
**16,125**
**53,216**
**2021**
**£**

**12,778**
**39,750**


**1,500**

**10,000**
|**2020**
**£**
11,890
2,376
2,849
17,115
65,710
**2020**
**£**
9,575
-
-
-| |---|---|---|---| |||**64,028**|9,575| |||**2021**
**£**

**7**|**2020**
**£**
59| Page 11 ## **STRICKLANDGATE HOUSE TRUST LIMITED** NOTES TO THE FINANCIAL STATEMENTS _(continued)_ FOR THE YEAR ENDED 30 SEPTEMBER 2021 |**5. Other income**
Cleaning
Computer recharges
Room hire and catering
Car park rental
Telephone
Miscellaneous
**6. Total resources expended**

Direct Charitable Expenditure

Direct Charitable Expenditure
Other costs are made up as follows:
Premises costs
Travel
Repairs and renewals
Telephone
Internet
Printing, design, postage and stationery
Professional fees and accountancy
Catering supplies
Sundry expenses
Bank charges and interest
Advertising||**Staff costs**
**£**
**50,754**||**2021**
**£**
2020
£
**3,104**
4,206
**2,400**
3,111
**6,954**
23,529
**3,639**
6,464
**1,324**
3,233
**379**
213
**17,800**
40,756
**Other**
**costs**
**2021**
**£**
**£**
**47,753**
**98,507**
**Other**
**costs**
**2020**
**£**
**£**
54,754
130,085| |---|---|---|---|---| |||||| |||**Staff costs**
**£**
75,331||| |||||**2021**
**£**
2020
£
**15,542**
27,131
**220**
435
**15,078**
11,598
**3,813**
4,075
**3,228**
3,323
**242**
449
**6,870**
5,983
**156**
-
**981**
846
**743**
914
**880**
-| |||||**47,753**
54,754| Of the £98,507 of expenditure (2020: £130,085), nil of this was restricted (2020: £nil) and £98,507 was unrestricted (2020: £130,085). Page 12 ## **STRICKLANDGATE HOUSE TRUST LIMITED** NOTES TO THE FINANCIAL STATEMENTS _(continued)_ FOR THE YEAR ENDED 30 SEPTEMBER 2021 |**7.**|**Directors and employees**|**2021**
**£**|2020
£| |---|---|---|---| ||Directors’ emoluments:|**Nil**
|Nil| ||Employee costs during the year:||| ||Wages and salaries|**49,170**|71,085| ||Social security costs|**804**|3,131| ||Pension costs|**780**|1,115| |||**50,754**|75,331| ||The average number of employees during the year was as follows**:**||| ||Directors|**4**|8| ||Full time|**1**|1| ||Part time|**3**|7| ||There were no employees receiving more than £60,000 in the year (2020 - £nil).||| In the year no expenses were reimbursed to the Trustees (2020 - £nil). During the year, Winifred Sayers, a trustee, received remuneration for cleaning services of £1,283 (2020: £6,069). ## **8. Tangible fixed assets** |**Cost**
At 1 October 2020
Additions
At 30 September 2021
**Depreciation**
At 1 October 2020
Charge for the year
At 30 September 2021
**Net book value**
At 30 September 2021
At 30 September 2020|**Long**
**Furniture**
**Leasehold Equipment**
**Property & computers**
**£**
**£**
1,020,718 244,946
-
-
1,020,718 244,946
505,548 244,946
10,303
-
515,851 244,296
504,867
**-**
515,170
-|**Total**
**£**
1,265,664
**-**
1,265,664
750,494
10,303
760,797
504,867
515,170| |---|---|---| Page 13 ## **STRICKLANDGATE HOUSE TRUST LIMITED** NOTES TO THE FINANCIAL STATEMENTS _(continued)_ FOR THE YEAR ENDED 30 SEPTEMBER 2021 |**9. Debtors**
**Amounts falling due within one year**
Trade debtors
Other debtors
Prepayments and accrued income
**10. Creditors**
**Amounts falling due within one year**
Bank overdraft and loan
Trade creditors
Other creditors
Accruals
**11. Creditors**
**Amounts falling due after more than one year**
Bank loan
Bounce back loan||**2021**
**£**
2020
£
**2,993**
10,258
**38**
3,246
**4,906**
5,194| |---|---|---| |||**7,937**
18,698| |||**2021**
2020
**£**
£
**13,920**
9,333
**1,474**
**-**
578
2,223
**3,875**
5,767| |||**19,269**
17,901| |||**2021**
**2020**
**£**
**£**
**2,329**
12,338
**31,194**
35,081| |||**33,523**
47,419| The bank loan is secured by a legal charge over the assets of Stricklandgate House Trust Limited. The bank loan is due to be repaid by 2022. The net amount of secured liabilities at 30 September 2021 amounted to £47,443 (2020 - £56,752). Page 14 ## **STRICKLANDGATE HOUSE TRUST LIMITED** NOTES TO THE FINANCIAL STATEMENTS _(continued)_ FOR THE YEAR ENDED 30 SEPTEMBER 2021 ## **12. Analysis of net assets between funds** ||**Unrestricted**|**Unrestricted**|**Restricted**|**Restricted**||**Total**| |---|---|---|---|---|---|---| |||**£**
504,867
81,029
(33,523)
||**£**
-
-
-||**£**
**504,867**
**81,029**
**(33,523)**| |Fund balances at 30 September 2021 are represented by:||||||| |Tangible assets||||||| |Current assets||||||| |Creditors due after more than one year||||||| |||||||| |||552,373||-||**552,373**| |||||||| ||**Unrestricted**|**Unrestricted**|**Restricted**|**Restricted**||**Total**| |---|---|---|---|---|---|---| |||**£**
515,170
58,381
(47,419)
||**£**
-
-
-||**£**
**515,170**
**58,381**
**(47,419)**| |Fund balances at 30 September 2020 are represented
by:||||||| |Tangible assets||||||| |Current assets||||||| |Creditors due after more than one year||||||| |||||||| |||526,132||-||**526,132**| |||||||| ## **13. Related Party Transactions** There were no related party transactions during the year to 30 September 2021 or 30 September 2020. ## **14. Capital commitments** There were no capital commitments at 30 September 2021 or 30 September 2020. ## **15. Contingent liabilities** There were no contingent liabilities at 30 September 2021 or 30 September 2020. ## **16. Company status** The charitable company is limited by Guarantee under the Companies Act 2006. The liability of the members is limited to £1 per member in the event of a winding up. ## **17. Taxation** As a charity, Stricklandgate House Trust Limited is exempt from tax on income and gains falling within sections 472-474 of the Corporation Tax Act 2010, sections 478 - 489 of the Corporation Tax Act 2010, or section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. No tax charges have arisen in the Charity. Page 15 ## **STRICKLANDGATE HOUSE TRUST LIMITED** Registered office address: 92 Stricklandgate Kendal Cumbria LA9 4PU Company number: 02856983 Place of incorporation: England & Wales MHA Moore and Smalley Murley Moss Business Village Oxenholme Road Kendal LA9 7RL Dear Sirs ## **Financial statements for the year ended 30 September 2021** We confirm that the following representations are made on the basis of enquiries of management and staff with relevant knowledge and experience and, where appropriate, of inspection of the supporting documentation sufficient to satisfy ourselves that we can properly make each of the following representations to you in connection with your report on the financial statements of the company for the year ended 30 September 2021. - 1 We acknowledge that the work performed by you is substantially less in scope than an audit performed in accordance with International Standards on Auditing (UK and Ireland) and that you do not express an audit opinion. - 2 We confirm that the company was entitled to exemption under section 477 of the Companies Act 2006 and under the Charities Act 2011, from the requirement to have its financial statements for the financial year ended 30 September 2021 audited. We also confirm that the members have not required the company to obtain an audit of its financial statements for the financial year in accordance with section 476 of the Companies Act 2006. - 3 We have fulfilled our responsibilities as directors under the Companies Act 2006 for preparing financial statements in accordance with the applicable accounting framework, SORP FRS 102, and Charities Act 2011 which you have drafted on our behalf. All the accounting records have been made available to you for the purpose of your work and all the transactions undertaken by the company have been properly reflected and recorded in the accounting records. All other records and related information, including minutes of all management and shareholders' meetings, have been made available to you. - 4 We confirm that we have maintained adequate accounting records, as required by the Companies Act 2006. - 5 We have disclosed to you all known instances of non-compliance or suspected non-compliance with laws and regulations whose effects should be considered when preparing the financial statements. - 6 We have disclosed to you all claims in connection with litigation that have been, or are expected to be received and such matters, as appropriate, have been properly accounted for and disclosed in the financial statements. - 7 There were no contingent liabilities at the balance sheet date. Page 2 - 8 Related party relationships and transactions have been appropriately accounted for and disclosed in the financial statements. We have disclosed to you all relevant information concerning such relationships and transactions and are not aware of any other matters which require disclosure in order to comply with the requirements of company law or accounting standards. - 9 The company has at no time during the year entered into any arrangement, transaction or agreement to provide credit facilities (including loans, quasi loans or credit transactions) for directors, nor to guarantee or provide security for such matters, except as disclosed in the financial statements. - 10 As directors, we have considered the financial position of the company. We believe that the company’s financial statements should be prepared on a going concern basis on the grounds that current and future sources of funding or support will be more than adequate for the company’s needs. We have considered a period of twelve months from the date of approval of the financial statements. We believe that no further disclosures relating to the company’s ability to continue as a going concern need to be made in the financial statements. - 11 All events subsequent to the date of the financial statements which require adjustment or disclosure have been properly accounted for and disclosed. - 12 We confirm the following specific representations made to you during the course of your work: - a We confirm that there were no restrictions on any grants received during the year to 30 September 2021. - b We confirm that all income received that does not fall into the charitable objectives are included in the Non charity income nominal on Sage plus South Lakeland Community Alarms. - c We confirm that the value of the property at 30 September 2021 of £504,867 is correct and the property has not been subject to any impairment. - d At the time of approving the financial statements, the directors have a reasonable expectation that the charity has adequate resources to continue in operational existence for a period of at least 12 months from the date the accounts are approved. Thus, the trustees continue to adopt the going concern basis of accounting in preparing the financial statements. Yours faithfully ………………………………………… ………………………………………… R Cope Director J Leigh Director On behalf of the board of directors Date 01/02/2022 ………………………………… Our ref: STR901 Invoice: 305483 Tax point: 28 January 2022 VAT Reg. No: 125 4817 18 Stricklandgate House Trust Limited 92 Stricklandgate Kendal LA9 4PU ## **To Professional Services Rendered:** |Preparation of the full statutory accounts for Stricklandgate House Trust Limited in
accordance with the Companies Act and the Charities SORP for the year ended 30
September 2021.
Our inclusive fee
VAT @ 20%|2,080.00| |---|---| ||2,080.00
416.00| ||£2,496.00| |Please return this remittance advice slip with your||| |---|---|---| |payment to:||| |Moore and Smalley
Richard House|Client:|Stricklandgate House Trust Limited| |9 Winckley Square
Preston|Our ref:
Invoice:|STR901
305483| |PR1 3HP|Tax Point:|28 January 2022| ||Amount:|£2,496.00| |Please see overleaf for details on how to pay||| |**Payment is due upon receipt of invoice**||| Please see overleaf for details on how to pay **Payment is due upon receipt of invoice** INVESTORS IN PEOPLE bakertilly •rtytyfih¢*rt*rrtwl4r IiimsofW¢rTilly1rtityrt•li￿h1sty￿ Ii*lilyfty*•¢hoikn's•¢i&or OthiS¥MS LI￿rt￿18th￿reuIs1er￿￿￿￿eT￿lts￿￿l￿￿effl4thfvrt￿n￿￿B&IerTIly Th21SB￿1&te￿l0piB under lic￿tfr￿Me￿keT HOW TO MAKE A PAYMENT DIRECT OEBIT You can pay your bill in instalrnenls by direct debit. To set thi5 up please contact our Finance Tearn on 01772 821021. CHEQUE Send a cheque in the post with this rernittance payable to Moore and Smalley. INTERNETITELEPHONE BANKING OR BACS ONLINE OR OVER THE PHONE Vou will need our sort code 16-28-33 and account number 12844348. You syill need your 6 digit client code or invoice number as a payment reference. To Tnake a debit or credit card payment telephone 01772 821021 or go to ¥Yww.mooreandsmalley co uk and follow the link. You will need your 6 digit client code or invoice nurnber as a paytnent reference.