##
##
|Annual
Trustees'
report|Annual
Trustees'
report|||
|---|---|---|---|
|Independent|Auditor's
Report to the||Trustees|
|Consolidated|Statement|of Financial|Activities|
|Balance sheets||||
|Consolidated|statement|ofchanges|in equity|
|Consolidated|Cash flow|statement||
|Notes to the|Financial Statements|||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||||||Total|Total|
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|31 Jan|31Jan|
|||||Note|Funds|Funds|2023|2022|
|Income:|||||K000|K000|K000|F000|
|Income from donations 4legacies|||||||||
|Donations
and gifts|||||2,557|64|2,621|2,644|
|Income from charitable activities:|||||||||
|Grants|||||22|427|449|723|
|Operation
ofestablishment|||||1,666||1,666|845|
|Rental income|||||135||135|38|
|Other trading activities|||||||||
|Commercial
trading|operations||||1,143||1,143|705|
|Other income|||||383||383|264|
|Total|||||5,906|491|6,397|5,219|
|Expenditure|||||||||
|Raising Funds|||||||||
|Fundraising
costs of|donations||&||||||
|gifts|||||(101)||(101)|(283)|
|Commercial
trading|operations||||(837)||(837)|(663)|
|Charitable
activities
Operation
ofestablishment
direct charitable
expenditure
Total||and||6
6|~4,054
~4,992|~692
~692|~4,746
~5,654|~3,507
~4,453|
|Net income|||||914|~201|713|766|
|Transfers between|funds||||124|(124)|||
|Funds brought
forward atI|||||||||
|February 2022||||17|3,492|5,759|9,251|8,485|
|Funds carried forward at||31|||||||
|January 2023||||17|4,530|5,434|9,964|9,251|
##
|||||Group|Group|Charity|Charity|
|---|---|---|---|---|---|---|---|
|||||2023|2022|2023|2022|
|Fixed Assets||||F000|k 000|E000|E000|
|Tangible assets|||11|7,678|7,933|7,678|7,933|
|Investments||||||||
|Live exhibits||||68|68|68|68|
|||||7,746|8,001|7,746|8,001|
|Current assets||||||||
|Stocks|||13|35|30|||
|Debtors|||14|570|339|703|537|
|Cash at bank and|in|hand||3,200|2,239|2,871|469|
|||||3,805|2,608|3,574|1,006|
|Creditors: amounts
year||falling due within one|14|~996|~765|~1.163|~534|
|Net current assets||||2,809|1,823|2,411|472|
|Total assets less|current liabilities|||10,555|9,824|10,157|8,473|
|Creditors: amounts
than one year||falling due after more|15~591||~573|~591|~573|
|Net assets||||9,964|9,251|9,566|7,900|
|Funds||||||||
|Unrestricted
funds|||17|4,530|3,492|4,132|2,141|
|Restricted funds|||17|5,434|5,759|5,434|5,759|
|Total funds||||9,964|9,251|9,566|7,900|
##
|||||Unrestricted|Restricted||
|---|---|---|---|---|---|---|
|||||Funds|Funds|Total|
|||||F000|F.000|F.000|
|At 1 February 2022
Income
/ (expenditure)
Total comprehensive|for the year
Income
/ (expenditure)|||3,492
1,038
1,038|5,759
~325
~325|9,251
713
713|
|As at 31 January 2023||||4,530|5,434|9,964|
|||||Unrestricted
Funds|Restricted
Funds|Total|
|||||OOOO|FOOO|OOOO|
|At 1 February 2021||||2,175|6,310|8,485|
|Income
/ (expenditure)|for the year|||1,317|~551|766|
|Total comprehensive|Income|/ (expenditure)||1,317|~551|766|
|As at 31 January 2022||||3,492|5,759|9,251|
|Statement ofchanges|||in equity—||||
|Charity
Year ended 31 January 2023||||Unrestricted
Funds
FOOO|Restricted
Funds
FOOO|Total
FOOO|
|At 1 February 2022
Income
/ (expenditure)
for the
Total comprehensive
Income||year
/ (expenditure)||2,141
1,991
1,991|5,759
~325
~325|7,900
1,666
1,666|
|As at 31 January 2023||||4,132|5,434|9,566|
|||||Unrestricted|Restricted||
|||||Funds|Funds|Total|
|||||FOOO|OOOO|OOOO|
|At 1 February 2021
Income
/ (expenditure)|for the|year||1,862
278|6,286
~527|8,148
248|
|Total comprehensive
Income||/ (expenditure)||278|~527|248|
|As at 31 January 2022||||2,141|5,759|7,900|
##
|||||||2023|2022|
|---|---|---|---|---|---|---|---|
|||||||K000|K000|
|Cash flows|from|operating|activities||23|1,291|1,485|
|Cash flows|from|investing|activities|||||
|Purchase
of|tangible
fixed assets|||||(334)|(97)|
|Net cash (used) ininvesting|||activities|||(334)|(97)|
|Cash flows|from|financing|activities|||||
|Loans received||||||203||
|Repayment|ofamounts
due||under loads|||(179)|(148)|
|Loan interest|paid|||||(20)|(4)|
|Change
in cash and cash equivalents||||||961|1,236|
|Opening cash and cash equivalents||||at 1 Feb||2,239|1,003|
|Closing cash and cash equivalents||||at 31Jan||3,200|2,239|
|Analysis of|cash|and cash|equivalents|||2023|2022|
|||||||r 000|6000|
|Cash at bank and||in hand||||3,200|2,239|
|Increase in|cash|||||961|1,236|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|2.Donations|&Gifts||||||
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|||
||||funds|funds|2023|2022|
||||f000|F000|f 000|f000|
|Individuals
(including
payments
under Gift Aid) and other|||2,557|64|2,621|2,426|
|Local/Additional|Restrictions|Grant||||104|
|Corona Virus Job Retention||Scheme||||114|
||||2,557|64|2,621|2,644|
##
|||Unrestricted|Restricted|||
|---|---|---|---|---|---|
|||funds|funds|2023|2022|
|Revenue
Grants|Notes|f000|f000|f000|F000|
|Other||22|427|449|723|
|||22|427|449|723|
|4.Other income|||2023|2022|
|---|---|---|---|---|
|Unrestricted|||f000|F000|
|Consultancy
and external|management|contracts|147|135|
|Service charge income from buildings|||32|19|
|Sundry
income|||204|110|
||||383|264|
|All income
in the year was|unrestricted|(2022:F264k).|||
##
##
##
|Profit and|loss account|loss account|2023|2022|
|---|---|---|---|---|
||||F000|K000|
|Turnover|||1,143|4,028|
|Cost ofsales|||(531)|(354)|
|Gross profit|||612|3,674|
|Operating|expenses||(565)|(2,667)|
|Operating|profit||47|1,007|
|Gift aid payment||made|1,005||
||||958|1,007|
|The aggregate|ofthe assets, liabilities
and fu|nds ofthe subsidiary
was:||
|---|---|---|---|
|||2023|2022|
|||R000|R000|
|Assets||389|1,509|
|Liabilities||(332)|(494)|
|Shareholders'|funds|57|1,015|
##
##
##
|n a line by line basis in the SOFA. A summary
ofth|e results ofthe subsidiary|is shown
below|
|---|---|---|
|Statement offinancial activities|2023|2022|
||F000|R000|
|Income
Expenditure|5|2,286
~1,818|
|Net surplus|5|476|
|The aggregate
ofthe assets, liabilities
|and funds ofthe subsidiary
was:||
|---|---|---|
||2023|2022|
||F000|R000|
|Assets|433|497|
|Liabilities|(92)|(161)|
||341|336|
##
##
##
|||Fundraising|Operation
of|||||
|---|---|---|---|---|---|---|---|
|||Costs of|Establishment|||||
|||Donations|&Charitable|Governance|Commercial|Total|Total|
|||and Gifts|Activities|Costs|Trading|2023|2022|
|||F000|K000|K000|K000|K000|F000|
|Catering|||||446|446|340|
|Projects||99|449|||548|1,076|
|Operation|of|||||||
|establishment|||3,626||108|3,740|2,077|
|Retail|||||283|283|157|
|Depreciation|||590|||590|585|
|Support costs||||77||77|218|
|||101|4,665|81|837|5,684|4,453|
##
|running
ofthe retail gift shop, ca
Analysis ofsupport costs|fe and corporate I private e|vents.|||
|---|---|---|---|---|
||General|Governance|Total|Total|
||Support|Related|2023|2022|
||K000|K000|F000|K000|
|Wages &Salaries||21|21|198|
|Auditor||33|33|20|
|Professional|16||23||
||16|61|77|218|
##
##
|||2023|2022|
|---|---|---|---|
|||F000|F000|
|Depreciation||||
||Owned Assets|590|585|
||Leased assets|||
|Operating|Lease Rentals||114|
|Auditors|Renumeration|||
||costs ofscrutiny|22|20|
||non audit|18|9|
##
##
|he agg|regate
payroll costs were|as follows:||||
|---|---|---|---|---|---|
|||Group|Group|Charity|Charity|
|||2023|2022|2023|2022|
|||K000|6000|F000|6000|
|Wages|and salaries|1,664|1,547|1,311||
|Social|security costs|133||109||
|Other|pension costs|54|41|38||
|||1,851|1,699|1,458||
##
##
||||||2023|2022|
|---|---|---|---|---|---|---|
||||||No.|No.|
|680,000 -|689,999||||1|1|
|The number|of full and part time employees||during the year was as follows:||||
||||Group|Group|Charity|Charity|
||||2023|2022|2023|2022|
|Charitable|activities||55|59|55||
|Management
and administration|||||||
|Cost of generating||funds|44|57|||
||||106|125|62||
##
##
##
##
##
||||Equipment|||
|---|---|---|---|---|---|
||Land &|Plant &|&|||
|Group:|buildings|fixtures|computers|Exhibits|Total|
||F000|F000|E000|F000|F000|
|Cost:||||||
|At 1 February 2022|13,733|5,695|925|1,905|22,258|
|Additions||271|44|19|334|
|At 31 January 2023|13,733|5,966|969|1,924|22,592|
|Depreciation:||||||
|At 1 February 2022|6,421|5,194|841|1,868|14,324|
|Charge for the year|321|241|12|16|590|
|At 31 January 2023|6,742|5,435|853|1,884|14,914|
|Net book amount||||||
|At 31 January 2023|6,991|531|116|40|7,678|
|Net book amount||||||
|At 1 February 2022|7,312|500|84|37|7,933|
##
||||Equipment|||
|---|---|---|---|---|---|
||Land &|Plant 8|&|||
|Charity:|buildings|fixtures|computers|Exhibits|Total|
||E000|E000|R000|F000|R000|
|Cost:||||||
|At 1 February 2022|13,733|5,695|925|1,905|22,258|
|Additions||271|44|19|334|
|At 31 January 2023|13,733|5,966|969|1,924|22,592|
|Depreciation:||||||
|At 1 February 2022|6,421|5,194|841|1,868|14,324|
|Charge for the year|321|241|12|16|590|
|At 31 January 2023|6,742|5,435|853|1,884|14,914|
|Net book amount||||||
|At 31 January 2023|6,991|531|116|40|7,678|
|Net book amount||||||
|At 1 February 2022|7,312|500|84|37|7,933|
##
##
##
##
##
##
##
##
|||||Group|Group||Charity|Charity|
|---|---|---|---|---|---|---|---|---|
|||||2023|2022||2023|2022|
|13.Stocks||||K000|F000||K000|F000|
|Goods for resale||||35|30||||
|The difference|between|the purchase|price|ofstocks and their replacement||cost is not material.|||
|Included
in the|Charity|debtors are amounts||due from subsidiary|undertakings||ofF180k(2022:||
|F312k), that are due after more than|||one year.||||||
|14.Debtors|||Group|Group|Charity|Charity|
|---|---|---|---|---|---|---|
||||2023|2022|2023|2022|
||||F000|R000|F000|F000|
|Trade debtors|||346|83|329|70|
|Other debtors|||41||24||
|Prepayments|and accrued income||183|163|170|155|
|Amounts
due|from subsidiary|undertaking|||180|312|
||||570|339|703|537|
##
##
|||||Group|Group|Charity|Charity|
|---|---|---|---|---|---|---|---|
|15.Creditors: amounts|||falling due within|||||
|one year||||2023|2022|2023|2022|
|||||F000|6000|E000|E000|
|Trade creditors||||428|134|372|92|
|Other creditors||||58|61|22|29|
|Other taxation and social|||security|121|103|57|37|
|Loan||||179|169|179|169|
|Accruals|and deferred|income||210|318|121|207|
|Amounts|owed to group undertakings|||||412||
|||||996|785|1,163|534|
|Due after one year||||||||
|Loans and borrowings||||591|573|591|573|
|Deferred|income - Group|||||2023|2022|
|||||||f.000|f.000|
|Balance|at 1 February|2022||||189|6|
|Released|in year|||||(189)|(6)|
|Deferred|in year|||||70|189|
|Balance|at 31 January|2023||||70|189|
|Deferred|income - Charity|||||||
|Balance|at 1 February|2022||||||
|Released|in year|||||||
|Deferred|in year|||||10||
|Balance|at 31 January|2023||||10||
##
##
|||||Group|Group|Charity|Charity|
|---|---|---|---|---|---|---|---|
|16.Loans|and borrowings|||2023|2022|2023|2022|
|||||k 000|F000|k 000|E000|
|Non-current|loans and||borrowlngs|||||
|Bank borrowings||-due|in 2-5years|591|573|591|573|
|Bank borrowings||-due|over 5years|||||
|||||591|573|591|573|
##
|||||Balance|||||
|---|---|---|---|---|---|---|---|---|
|||||at1|||Transfers|Balance at|
|||||February|Incoming|Resources|between|31January|
|Group:||||2022|resources|expended|funds|2023|
|||||F000|k 000|k 000|k 000|F000|
|Restricted||Funds:|||||||
|Restricted|capital grants|||5,721||(436)||5,285|
|Restricted|donations||||64|||68|
|Restricted|revenue||grants|34|427|~256|~124|81|
|||||5,759|491|~692|~124|5,434|
|Unrestricted||funds|||||||
|General Funds||||3,477|5,857|(4,992)|124|4,466|
|Designated||Funds||15|49|||64|
|||||9,251|6,397|~5,694||9,964|
##
##
|||||Balance|||||
|---|---|---|---|---|---|---|---|---|
|||||at1|||Transfers|Balance at|
|||||February|Incoming|Resources|between|31January|
|Charity:||||2022|resources|expended|funds|2023|
|||||F000|F.000|F.000|F.000|F000|
|Restricted||Funds:|||||||
|Restricted|capital grants|||5,721||(436)||5,285|
|Restricted
Restricted|donations
revenue||grants|4
34|64
427|~256|~124|68
81|
|||||5,759|491|~692|~424|5,434|
|Unrestricted||funds|||||||
|General Funds||||2,126|5,720|(3,902)|124|4,068|
|Designated||Funds||15|49|||64|
|||||7,900|6.266|~4,594||9,566|
##
|harge
in 20|23was|8436k (202|2:F436k).|||||
|---|---|---|---|---|---|---|---|
||||||||Balance|
||||Balance at||||at 31|
||||1 February|Incoming|Resources||January|
|Restricted|Revenue Grants||2022|resources|expended|Transfers|2023|
||||F000|F000|F.000|F.000|F.000|
|EU Life Recreation||Remedies||||||
|MSC Eco Moorings||||||||
|Other Grant|Income||17|52|(49)||20|
|HLF - Green|Challenge|||||||
|Recovery Fund|||16|42|(58)|||
|Scottish Power Foundation||||98|(37)||61|
|ARG - PCC||||124||(124)||
||||34|427|~256|~424|81|
##
##
|Notes to the Financial Statem
or the year ended 31January 2023|ents|||
|---|---|---|---|
|18.Analysis ofgroup net assets|Restricted|Unrestricted||
|between funds at 31January 2023|Funds|Funds|Total|
||F.000|F.000|F000|
|Tangible fixed assets|5,285|2,393|7,678|
|Live exhibits||68|68|
|Current assets|149|2,660|2,809|
|Creditors||591|591|
||5,434|4,530|9,964|
##
|Group|||||
|---|---|---|---|---|
||2023|2023|2022|2022|
||Land 8|Other|Land &|Other|
||buildings|leases|buildings|leases|
||K000|K000|F000|F000|
|Within one year|105|14|105||
|Between two and five years|420|17|420||
|More than five years|9,800||9,905||
||10,325|31|10,430||
##
|Charity|||||
|---|---|---|---|---|
||2023|2022|2023|2022|
||Land 8|Other|Land &|Other|
||buildings|leases|buildings|leases|
||K000|K000|F000|F000|
|Within one year|105|14|105||
|Between two and five years|420|17|420||
|More than five years|9,800||9,905||
||10,325|31|10,430||
##
##
##
|lymouth
to a local fish restaurant.
The following|amounts
are due t|o the group/|charity:||
|---|---|---|---|---|
||Group||Charity||
||2023|2022|2023|2022|
||K000|OOOO|FOOO|6000|
|Not later than one year|56|45|56|45|
|Later than one year and not later than five|224|180|224|180|
|years|||||
|Later than five years|569|503|569|503|
||849|728|849|728|
##
##
|2.Income and expenditure
accou|nt and t|otal funds —C|harity||
|---|---|---|---|---|
||||Charity continuing|operations|
||||2023|2022|
||||F000|E000|
|Grant income|||427|715|
|Operating
expenses|||(3,568)|(1,536)|
|Other income
Operating
surplus
Interest payable
Surplus
/ (deficit) of income over expenditure||for the year|4,827
1,686
~26
2,666|577
(244)
~4
~246|
|||||Charity|
|||||6000|
|Total funds at 1 February 2022||||7,900|
|Surplus of income over expenditure|for the year|||1,666|
|Total funds as 31 January 2023||||9,566|
##
##
|3.Reconciliation
of|n|et incom|e to net cash inflow from|operating
activities||
|---|---|---|---|---|---|
|||||2023|2022|
|||||F000|K000|
|Net incoming
resources||for the|year|713|766|
|Depreciation
oftangible||fixed assets||590|585|
|(Increase) Idecrease|in stocks|||(5)|21|
|(Increase)
in operating||debtors||(231)|(45)|
|Increase
in operating|creditors|||204|154|
|Interest payable||||20||
|Net cash inflow from operating|||activities|1,291|1,485|
##
##
||2022|Cash flows|2023|
|---|---|---|---|
||R000|R000|F.000|
|Cash|2,239|961|3,200|
|Loans falling due in one year
Loans falling due after one year|(169)
~573|(10)
~15|(179)
~591|
|Net Funds|1,497|933|2,430|
##
|uring the year the Oc
ollowing
organisations|ean Conservation
Trust Group
in which Trustees and Senior|purchased
goods or services fro
Managers
had an interest.|m the|
|---|---|---|---|
|In respect ofamounts|incurred:|2023|2022|
|Legal advice||E4,982|F12,325|