REGISTERED COMPANY NUMBER: 2935176 (England and Wales) REGISTERED CHARITY NUMBER: 1042337
REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022
FOR
LONDON HISTORIC PARKS AND GARDENS TRUST
Able & Young Ltd Chartered Certified Accountants Airport House Purley Way Croydon Surrey CR0 0XZ
LONDON HISTORIC PARKS AND GARDENS TRUST
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 6 |
| Independent Examiner's Report | 7 | ||
| Statement of Financial Activities | 8 | ||
| Balance Sheet | 9 | ||
| Notes to the Financial Statements | 10 | to | 16 |
| Detailed Statement of Financial Activities | 17 | to | 18 |
LONDON HISTORIC PARKS AND GARDENS TRUST
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2022
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 December 2022. The trustees have adopted the provisions of 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) (effective 1 January 2019).
Page 1
LONDON HISTORIC PARKS AND GARDENS TRUST
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2022
OBJECTIVES AND ACTIVITIES Objectives and Activities, achievements and performance
The objects of the London Historic Parks & Gardens Trust (the Charity) are to promote the education of the public on matters connected with the arts and sciences of historic garden land and to preserve, enhance and re-create for the education and enjoyment of the public whatever historic garden land may exist or have existed in and around London.
In 2019 the Charity launched a new Strategic Direction for the following 3 to 5 years. During the pandemic, the Charity rebranded itself for trading purposes as London Parks & Gardens and developed a strapline ‘Protecting our Green Capital’ to reflect its core charitable purpose.
Three core aims for the Charity with a number of measurable impact measures were set out in the Strategic Direction. In 2022 these have been achieved as follows:
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Champion by influencing through robust research, revealing their significance, our unique planning role and media presence; to help protect them from threats and decline.
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We reviewed 249 consultations with potential impacts on historic landscapes across 29 London boroughs; provided in-depth analysis on 36 planning applications to protect historic parks and gardens; Appeared for a second time at the High Court to quash the planning decision over Victoria Tower Gardens (a Grade 2 public park and the setting for the Houses of Parliament World Heritage Site) protecting the park for future enjoyment. The campaign attracted a further £20k of crowdsourced income to assist with the legal costs. The Victoria Tower Gardens judgment has made legal history re-defining ‘significant harm’ within the context of planning decisions.
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Cultivate knowledge and appreciation of parks, squares, community gardens, cemeteries, churchyards and the people who create, develop and care for them as part of London’s rich green infrastructure . Motivated a core of 40 volunteers. All volunteers recorded 3,427 hours between them contributed to London Parks & Gardens (LPG). We added 14 new sites to the Inventory, through original archival research, of which 7 in Lewisham were achieved as part of LPG’s contribution to the London Borough of Culture. A further 23 Inventory records were updated. We continued to provide our members with 10 e-newsletters, 3 printed colour magazines and London Gardener, our annual Journal packed with information about events, activities and historical discoveries about London’s landscapes. Our Winter lecture series continued covering a wide variety of topics and sold over 670 tickets. We held our first hybrid (simultaneously online and in person) lecture as part of the Chelsea Fringe at Francis Holland School, Sloane Square.
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Celebrate their beauty, design, horticulture, history, ecology, value and benefits to society. Returned to gardens for the first time post Covid with our annual event, now rebranded London Open Gardens (LOG). 31,000 recorded garden visits made by nearly 7,500 ticket holders on one glorious weekend. The Charity shared some £3,500 of ticket sales surplus with eligible participating gardens to support their horticultural work. LOG was made possible with the help of 276 weekend volunteers doing shifts in the 105 participating gardens alongside their many gardeners. The Charity circulated monthly bulletins to nearly 31,000 subscribers packed with interesting news about historic gardens; and posted regularly with social media following up across all channels: Twitter (29%); Instagram (23%) and Facebook (4%).
Changes to London Parks & Gardens Articles
As part of our National Lottery Heritage Fund Resilience grant programme, we reviewed our Articles of Association. LPG obtained legal advice, reviewed its membership arrangements and held a General Meeting at the end of April 2022. The members agreed to adopt new Articles which include provisions for electronic communication and moving to a Trustee Board managed Charity model. Following from this in September 2022 LPG launched a new membership programme, introduce three tiers of contribution: Supporter; Friend; and Benefactor. Over the course of the next year, the Charity will be working to transition as many people as possible from the old membership arrangements to the new system. It is hoped that this arrangement will ultimately lead to a greater diversity and increased financial support, which will more than offset the service costs of delivering the membership package.
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LONDON HISTORIC PARKS AND GARDENS TRUST
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2022
Administration
The team of staff comprised: the Director; Administration and Volunteer Coordinator (until December); Communications assistant; and Planning & Conservation Project Officer (until March), all working part time, to a total full time equivalent of 2.4 people over the year. An Events Producer and a PR contractor were commissioned to support the work of reviving the rebranded London Open Gardens (LOG) weekend. Additionally the National Lottery Heritage Fund enabled the recruitment of consultants as follows: a Fundraising and Membership Advisor to support the transition work; and an Evaluation Mentor to guide LPG through the completion of its grant reporting requirements and instill good evaluation practice. Crucial volunteers continue to support all the administration work, such as the volunteer IT manager, Colin Wing, and volunteer Keeper of the Inventory Sally Williams who oversees ongoing maintenance of our Inventory.
Outreach, research and publications
The Research Working Group met regularly (mainly online in 2022) to pursue new research work. The intention is to start a project about the influence of migration on London’s lanscapes and to continue enriching the Inventory (https://londongardenstrust.org/conservation/inventory/), with particular focus on the Mayoral selection for London Borough of Culture.
Todd Longtaffe-Gowan, assisted by Sally Williams, edited the 26[th] edition of the Charity’s annual journal, The London Gardener . The Charity is grateful to the Deborah Loeb Brice Donor Advised Fund at CAF for their contribution to this endeavour.
London Landscapes, LPG’s published members' magazine, was edited by volunteer Rachel Huckvale. It is published three times a year with design and distribution handled by Hall-McCartney. Illustrations for the walks and other articles was provided by talented volunteer, Rosie Ryott.
The Charity was delighted to secure a major sponsorship from London Square in 2022 to support its return to gardens for London Open Gardens. This major sponsorship contribution enabled the Charity to relaunch its cornerstone fundraising event, opening 105 gardens for people to visit for the first time since the pandemic. As reported earlier London Square Open Gardens Weekend took place in glorious sunshine and generated a surplus. A surplus of 5% was redistributed back to eligible gardens that participated in LSOGW.
Planning and Conservation
LPG continues to advise and comment on planning and listed building applications affecting historic parks and gardens, using information contained in the Trust’s Inventory and in conjunction with the Gardens Trust. LPG was notified of 249 (245 in 2021) planning applications for proposals going to planning in 29 London Boroughs (27 in 2021) for a variety of purposes, including Local Plan Consultations. In March 2022, our Planning & Conservation Project Officer resigned. This post is funded with the assistance of a Historic England Regional Capacity Building Grant. Following an unsuccessful recruitment campaign to replace this post, the grant was reviewed with Historic England and the project programme restructured supported by a minor grant uplift and increased contribution from LPG. A revised role was advertised in December 2022, whilst the Director covered some of the day to day handling of applications to maintain momentum.
The ambition for this programme of work is to build the number of planning volunteers and increase their skills in prioritising and responding to proposals that threaten the historic integrity of London’s natural and designed landscapes. Volunteers on our Planning Working Group provided detailed comments on 36 planning applications (up from 22 in 2021) during the year to protect a number of landscapes. The Charity maintained its objection to the proposals to build a memorial (the UK Holocaust Memorial and Learning Centre) on Victoria Tower Gardens, a Grade 2 public park forming the setting for the Houses of Parliament World Heritage Site. Working collaboratively with other campaigners including Save Victoria Tower Gardens and the Thorney Island Society, the Charity attended the High Court in February 2022 to secure the protection of the park. In July Mrs Justice Thornton in her judgment supported LPG’s grounds for objecting to the planning approval previously given by the Minister for Housing following the planning inquiry in 2021. She found that the London County Council (Improvements) Act 1900 [the 1900 Act] imposes statutory protection of the park writing;
“The appropriate remedy is to quash the decision, so as to enable further consideration of the implications of the 1900 Act. It is an Act of Parliament which specifically regulates Victoria Tower Gardens and specifies that the land must be retained for use as a public garden.“
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The Charity is extremely grateful to the many individuals who contributed to our Crowdjustice campaign and a number of significant anonymous donors from the Save Victoria Tower Gardens group who continued to contribute to our legal costs. The Charity thanks Richard Buxton, Meyric Lewis and Richard Drabble KC who formed the legal team that added much of their personal time and energies to strengthen the case and bring such success. The Secretary of State for the Department of Levelling Up Communities and Housing sought to overturn the decision; but the Court of Appeal upheld the High Court judgment and for the time being the park remains open, playing a crucial role with the queues for Her Majesty the Late Queen’s lying in state.
Future Plans
The Government has indicated that it will now seek to overturn the Court judgment by introducing a Holocaust Memorial Bill so the work to protect Victoria Tower Gardens continues.
The Charity will complete the transition to its new membership programme and hopes to develop new ideas for increasing and broadening membership in 2023. The Board will review the Business Plan. LPG will recruit a new person to support planning work with the assistance of Historic England. LPG hopes to continue to diversify its income portfolio; and return to delivering LOG on a sustainable basis within its own resources.
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LONDON HISTORIC PARKS AND GARDENS TRUST
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2022
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
London Parks & Gardens is a registered charity. It is constituted as a company limited by guarantee and governed by a Memorandum and Articles of Association. Its members are Trustees of the charity and they are also Directors of LPG for the purposes of the Companies Acts. The members of the Board who served during the year are shown on page 5. In 2022 the members agreed to adopt new Articles.
Board members are recruited through advertising to fill the skills gaps on the Board that have been identified through a Skills Audit. Candidates are interviewed by a Panel of existing Trustees who make recommendations to the Board for appointment. Trustees may be coopted on to the Board at any point by agreement amongst the Trustees.
Board members serve for an initial term of three years. They may be re-elected by the Trustees for up to a maxium of nine years (three terms of three years). Board members receive appropriate induction and other training in their responsibilities as Trustees and Directors of the Charity.
During 2022 the Board met 7 times to transact Board business. Lisa Watson was Chair. Natasha Dos Passos served as Treasurer and Maureen Nolan as Secretary. There are a number of Board Committees and Working Groups, which organise the activities and work of the Charity. Chairs of the Working Groups were - Lectures and Walks: Caroline Ames and Peter Sibley; Planning and Conservation: Sally Prothero, Research: Richard Capewell, London Square Open Gardens 2022: Nathan Oley; Income Generation Group: Celia Mead.
Hal Moggridge OBE has continued as an active Patron and Dr Todd Longstaffe-Gowan has continued as President fundraising for and delivering the annual journal.
The Charity works closely with Royal Parks and a number of other bodies with a London focus, including Historic England, CPRE London, London Friends of Greenspaces Network, the Heritage Alliance and Parks for London amongst others. London Parks & Gardens is very grateful to Lucy Elphinstone at Francis Holland School, Sloane Square for accommodating our in person lectures with support from Benji Page for the technical audio visual requirements.
The Charity is an active member of the national association: the Gardens Trust. London Parks & Gardens appoints a representative each year to vote at the Garden Trust’s AGM and in 2022 this was Lisa Watson. Lisa Watson is the Treasurer of the Gardens Trust and Maureen Nolan is the Secretary of the Gardens Trust.
Following Charity Commission guidance, the Board has adopted a Risk Management Policy and maintains a Risk Register, which is reviewed on an annual basis. The Board believes that maintaining financial reserves at appropriate levels, combined with an annual review of the controls over key financial systems, will provide sufficient resources in the event of adverse conditions. The Board confirms that it has agreed actions to address or mitigate the identified significant risks.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 2935176 (England and Wales)
Registered Charity number
1042337
Registered office
Duck Island Cottage St James's Park London SW1A 2BJ
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LONDON HISTORIC PARKS AND GARDENS TRUST
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2022
Trustees
Elizabeth Jane Watson (Chair) Caroline Jane Ames Natasha Alexandra Andrade dos Passos (Treasurer) Celia Jane Mead Maureen Patricia Nolan Nathan David Oley Sally Prothero Peter William Sibley Tim Webb
Company Secretary Maureen Nolan
Independent Examiner
Rekha Shah Institute of Chartered Accountants in England & Wales Able & Young Ltd Chartered Certified Accountants Airport House Purley Way Croydon Surrey CR0 0XZ
Bankers CAF Bank Limited West Malling, Kent ME19 4TA Unity Trust Bank PO Box 7193 Planetary Road Willenhall WV1 9DG
Website
www.londongardenstrust.org
www.opensquares.org
FINANCIAL REVIEW
Incoming resources for the year totalled £265,405 (2021: £204,769). This represents the generosity of supporters and benefactors, and payments in respect of grant-aided projects. Resources expended for the year totalled £261,541 (2021: £156,435). Reserves stand at £143,813 (2021: £139,949), comprising £79,867 general unrestricted funds and £63,946 restricted funds. The Trust benefited from the award of grants from Historic England, NLHF Resilience and the Culture Recovery Fund. The Royal Parks continued to donate office space, which sadly has continued to be underutilised during 2021 due to lock-down restrictions
Approved by order of the board of trustees on 26 May 2023 and signed on its behalf by:
Elizabeth Watson - Trustee
Page 6
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF LONDON HISTORIC PARKS AND GARDENS TRUST
Independent examiner's report to the trustees of London Historic Parks and Gardens Trust ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2022.
Responsibilities and basis of report
As the charity's 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 charity'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:
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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
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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
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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 (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
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.
Rekha Shah Association of Chartered Certified Accountants Able & Young Chartered Certified Accountants Airport House Purley Way Croydon Surrey CR0 0XZ
30[th] June 2023
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LONDON HISTORIC PARKS AND GARDENS TRUST
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2022
| Unrestricted Restricted fund funds Notes £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 33,671 - Charitable activities 4 Activities and events 4,001 - Open Garden Squares Weekend 152,949 - Campaigns - 72,928 Historic England - 16,877 NLHF - 45,233 Culture Recovery Fund - - London Gardener 425 Investment income 3 1,064 - Total 191,684 135,463 EXPENDITURE ON Charitable activities 5 Activities and events 3,244 - Open Garden Squares Weekend 61,186 - Campaigns - 225 Historic England - 16,635 NLHF - 32,503 Culture Recovery Fund - - London Gardener - 7,969 Management Costs 68,726 - Total 133,156 57,332 NET INCOME/(EXPENDITURE) 58,528 78,131 Transfers between funds 12 29,544 (29,544) Net movement in funds 88,072 48,587 RECONCILIATION OF FUNDS Total funds brought forward 79,867 63,946 TOTAL FUNDS CARRIED FORWARD 167,940 112,533 |
2022 Total funds £ 33,671 4,001 152,949 72,928 16,877 45,233 - 425 1,064 327,147 3,244 61,186 225 16,635 32,503 - 7,969 68,726 190,488 136,659 - 136,659 143,813 280,472 |
2021 Total funds £ 77,026 16,588 20,891 104,302 42,894 - 3,190 505 9 |
|---|---|---|
| 265,405 5,828 2,516 94,578 23,058 28,117 26,105 28,482 52,858 |
||
| 261,541 | ||
| 3,864 - |
||
| 3,864 139,949 |
||
| 143,813 |
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LONDON HISTORIC PARKS AND GARDENS TRUST
BALANCE SHEET 31 DECEMBER 2022
| Unrestricted Restricted fund funds Notes £ £ CURRENT ASSETS Debtors 10 20,568 - Cash at bank 170,128 112,533 190,696 112,533 CREDITORS Amounts falling due within one year 11 (22,756) - NET CURRENT ASSETS 167,940 112,533 TOTAL ASSETS LESS CURRENT LIABILITIES 167,940 112,533 NET ASSETS 167,940 112,533 FUNDS 12 Unrestricted funds Restricted funds TOTAL FUNDS |
2022 Total funds £ 20,568 282,661 303,229 (22,756) 280,472 280,472 280,472 167,940 112,533 280,472 |
2021 Total funds £ 88,361 229,039 317,400 (173,587) 143,813 143,813 143,813 63,946 79,867 143,813 |
|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2022.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2022 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
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(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 26 May 2023 and were signed on its behalf by:
Elizabeth Watson - Trustee
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LONDON HISTORIC PARKS AND GARDENS TRUST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. Due to timing differences, HE Income includes amounts relating to the period but received in the next period.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Allocation and apportionment of costs
Expenditure which is directly attributable to specific activities has been included in these cost categories. Where costs are attributable to more than one activity they have been apportioned across the cost categories on a basis consistent with the use of these resources.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Tangible fixed assets
Individual tangible fixed assets costing less than £1,000 are written off to the statement of financial activities and not capitalised.
Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimate residual value over the expected useful lives on the following basis:
Office equipment - over four years
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LONDON HISTORIC PARKS AND GARDENS TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022
| 2. DONATIONS AND LEGACIES Membership subscriptions The Royal Parks Deborah Loeb Fund Legacy Finnis Scott Foundation Other donations 3. INVESTMENT INCOME Deposit account interest 4. INCOME FROM CHARITABLE ACTIVITIES Activities and events Open Gardens Squares Weekend Historic England Campaigns NLHF Culture Recovery Fund London Gardener |
|
|---|---|
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LONDON HISTORIC PARKS AND GARDENS TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022
5. CHARITABLE ACTIVITIES COSTS
| Activities and events Open Garden Squares Weekend Management costs Campaigns Historic England NLHF London Gardener |
Direct Costs £ 3,244 61,186 - 225 16,635 32,503 7,969 121,762 |
Support costs £ - 68,726 - - - - 68,726 |
Totals £ 3,244 61,186 68,726 225 16,635 32,503 7,969 190,488 |
|---|---|---|---|
6. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 December 2022 nor for the year ended 31 December 2021.
Trustees' expenses
There were no transactions between the Trust and the members of Council.
7. STAFF COSTS
The average monthly number of employees during the year was as follows:
| Planning Administration No employees received emoluments in excess of £60,000. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund £ INCOME AND ENDOWMENTS FROM Donations and legacies 45,226 Charitable activities Activities and events 16,588 Open Garden Squares Weekend 20,891 Historic England Culture Recovery Fund Campaigns London Gardener Investment income 9 Total 82,714 |
2022 0.6 1.8 Restricted funds £ 31,800 - - 42,894 3,190 104,302 505 - 182,691 |
2021 0.6 1.6 Total funds £ 77,026 16,588 20,891 42,894 3,190 104,302 505 9 265,405 |
|---|---|---|
8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
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LONDON HISTORIC PARKS AND GARDENS TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022
| 8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued Unrestricted Restricted fund funds £ £ EXPENDITURE ON Charitable activities Activities and events 5,828 - Open Garden Squares Weekend 2,516 - Management costs 52,858 - Historic England - 23,058 NLHF - 28,117 Culture Recovery Fund - 26,105 London Gardener 28,482 Campaigns - 94,578 Total 61,202 200,340 NET INCOME/(EXPENDITURE) 21,512 (17,649) Transfer between funds 12 (7,963) 7,963 Net movement in funds 13,550 (9,687) RECONCILIATION OF FUNDS Total funds brought forward 66,317 73,632 TOTAL FUNDS CARRIED FORWARD 79,867 63,946 9. RESOURCES EXPENDED Resources expenses incudes Independent Examiner's remuneration of £750. (2021: £750). 10. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2022 £ Trade Debtors 70 Other Debtors 20,498 20,568 |
Total funds £ 5,828 2,516 52,858 23,058 28,117 26,105 28,482 94,578 |
|---|---|
| 261,541 | |
| 3,864 - 3,864 139,949 |
|
| 143,813 | |
| 2021 £ 50,000 38,361 88,361 |
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LONDON HISTORIC PARKS AND GARDENS TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022
11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Trade creditors Accruals and deferred income |
2022 £ 772 21,984 22,756 |
2021 £ 7,634 165,953 173,587 |
|---|---|---|
12. MOVEMENT IN FUNDS
| MOVEMENT IN FUNDS | ||||
|---|---|---|---|---|
| Net | Transfers | |||
| Movement | between | At | ||
| At 1.1.22 | in funds | funds | 31.12.22 | |
| £ | £ | £ | £ | |
| Unrestricted funds | ||||
| General fund | 79,867 | 58,528 | 29,544 | 167,940 |
| Restricted funds | ||||
| The London Gardener | 18,464 | (7,544) | - | 10,920 |
| Repton in London | 2,718 | - | - | 2,718 |
| Historic England | 14,364 | 242 | (2,490) | 12,116 |
| NLHF | 14,324 | 12,730 | (27,054) | - |
| Campaigns | 14,076 | 72,703 | - | 86,779 |
| 63,946 | 78,131 | - | 112,533 | |
| TOTAL FUNDS | 143,813 | 136,659 | - | 280,472 |
| Net movement in funds, included in the above are as follows: | ||||
| Incoming | Resources | Transfer | Movement | |
| resources | expended | between | in funds | |
| funds | ||||
| £ | £ | £ | £ | |
| Unrestricted funds | ||||
| General fund | 191,684 | (133,156) | 29,544 | 88,072 |
| Restricted funds | ||||
| Donations and Legacies | ||||
| The London Gardener | 425 | (7,969) | - | (7,544) |
| Campaigns | 72,928 | (225) | - | 72,703 |
| Historic England | 16,877 | (16,635) | (2,490) | (2,248) |
| NLHF | 45,233 | (32,503) | (27,054) | (14,324) |
| 135,463 | (57,332) | 0 | 48,587 | |
| TOTAL FUNDS | 327,147 | (190,488) | 0 | 136,659 |
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LONDON HISTORIC PARKS AND GARDENS TRUST
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022
12. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Net | |||
|---|---|---|---|
| Movement | At | ||
| At 1.1.21 | in funds | 31.12.21 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 66,317 | 13,549 | 79,867 |
| Restricted funds | |||
| The London Gardener | 14,641 | 3,823 | 18,464 |
| Repton in London | 2,718 | - | 2,718 |
| Historic England | 14,364 | 14,364 | |
| NLHF | 30,841 | (16,517) | 14,324 |
| Culture Recovery Fund | 21,080 | (21,080) | - |
| Campaigns | 4,352 | 9,724 | 14,076 |
| 73,632 | (9,686) | 63,946 | |
| TOTAL FUNDS | 139,949 | 3,864 | 143,813 |
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds The London Gardener Repton in London Historic England NLHF Culture Recovery Fund Campaigns TOTAL FUNDS |
Incoming Resources Movement resources expended in funds £ £ £ 82,714 (69,165) 13,549 32,305 (28,482) 3,823 - - - 42,894 (19,230) 23,664 - (25,817) (25,817) 3,190 (24,270) (21,080) 104,302 (94,578) 9,724 182,691 (192,377) (9,686) 265,405 (261,541) 3,864 |
|---|---|
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LONDON HISTORIC PARKS AND GARDENS TRUST
NOTES TO THE FINANCIAL STATEMENTS – continued FOR THE YEAR ENDED 31 DECEMBER 2022
13. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 December 2022.
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LONDON HISTORIC PARKS AND GARDENS TRUST
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2022
| INCOME AND ENDOWMENTS Donations and legacies Membership subscriptions The Royal Parks Deborah Loeb Fund Legacy Finnis Scott Foundation Other Donations Investment income Deposit account interest Charitable activities Activities and events Open Gardens Squares Weekend Historic England Planning NLHF Culture Recovery Fund Campaigns London Gardener Total incoming resources EXPENDITURE Charitable activities Activities & Events Open Garden Squares Weekend NLHF Historic England London Gardener Culture Recovery Fund Campaigns Support costs Management Office costs |
2022 £ 13,044 9,000 - - - 11,627 33,671 1,064 4,001 152,949 16,877 45,233 - 72,928 425 292,412 327,147 3,244 61,186 32,503 16,635 7,969 - 225 121,762 68,726 |
2021 £ 13,952 9,000 17,000 5,001 7,000 25,075 77,027 9 16,588 20,891 42,894 - 3,190 104,302 505 188,370 265,405 5,828 2,516 28,117 23,058 28,482 26,105 94,578 208,683 52,858 |
|---|---|---|
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LONDON HISTORIC PARKS AND GARDENS TRUST
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2022
| Total resources expended Net income |
2022 £ 190,488 136,659 |
2021 £ |
|---|---|---|
| 261,541 | ||
| 3,864 |
This page does not form part of the statutory financial statements
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