REGISTERED COMPANY NUMBER: 03024733 (England and Wales)
REGISTERED CHARITY NUMBER: 1044712
ort of the Trustees and
Unaudited Financial Statements for the Year Ended 31 March 2025
for
Land
uard Fort Trust
*AEDVSEUB•
2411012025
COMPANIES HOUSE
A19
#113

Land uard Fort Trust
Contents of the Financial Statements
for the Year Ended 31 March 2025
Page
Report of the Trustees
1 to 5
Independent Examineffs Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements
10 to 17
Delailed Statement of Financial Acttvities
18 to 19

Land
uard Fort Trust
ort of the Trustees
for the Year Ended 31 March 2025
The Trustees, who are also directors of the Charity for the purposes of the Companies Act 21Th. present their
report with the independentty examined financial statements of the Charty for the year ended 31 March 2025.
The Charity is a Company limited by guarantee and has no share capital and was incorporated on 21st
February 1995. The Charity was estsblished under a Memorandum of Association and is governed under its
Articles of Association.
The Trustees
Mr T Clarke (resigned as Chair 20 March 2025)
Mr C G Cole (appointed 19 January 2025}
Mr S J Curtis
Mr J W Ogden (elecled as Chaif 20 March 2025)
Ms N Pace (resigned 29 January 2025)
Mr P Poole (resigned 6 January 2025)
Mr M Shamian
Mr C D Slemmings (Wice Chair)
Mr M Stephenson (Company Secretary)
Mr K J Sullivan (Treasurer)
Objectlves and activities
Objectlves and alms
The main objective is to increase the public's understanding and educational use of the fort. in the form of the
written word, illustrations. guided tours, audifrvisual Presentations and the staging of special events in and
around the Fort.
The objectives of the Charty are to advan￿ the education of the public about:
the role of Landguard Fort. Felixstowe as a building of greal historical and educational interest in the
defence of the realm, and
Ihe ways in which the inhabitants of Landguard Fort lived their daity lives
Significant actlvities
The Charity's aims are to open Landguard Fort to the public and to create a unique exhibrtion. educational
facility and visitor attraclion. This is achieved through a Local Management Agreement Nmth English Heritage
Trust and the recruitment of a force of Landguard Fort Volunteers without whom the aspirations could not be
met. A General Manager and Operations Asstslant are employed to oversee the day to day running of the
Trust's activities.
The Trustees work wth English Heritage Trust. Felixstowe Town Council, East Suffolk Council. the
Landguard and Felixstowe Conservation Trust and the Port of Felixstowe and thank them for their continuing
and valued support, wrthout which it woukl be considerably more difficult for the Trust to meet its charitable
objectives.

Land uard Fort Trust
Re
ort of the Trustees
for the Year Ended 31 March 2025
Objectives and a¢tlvltles
Public benefit
The Trustees confirm that they have paid due regard to the Charty Commission's guidance on public benefrt
and have strived lo ensure that the Charivs activities reflect this. For the public benefit the Trust informs
visitors of the hislory of Landguard Fort vthich is part of the heritage of EnglarKI.
This includes exhibitions of the lives and work of the sddters who lived there throughout the period 1650 to
1956 featuring exhibitions of guns, the historic development of the fort and the recreations of living and
working condilions.
The Trust conts'nues to promote its role, this yeaf using radio advertising and printed and social media
channels to reach potential new audiences. We actively encourage visits from younger audiences with a
policy of not only providing free visits for school groups but supplw'ng an experienced guide for these groups
wherever posS￿le. We also collaborate with national heritage days allowir￿ free entry, providing opportunbties
for visitors of all backgrounds to gain access to the fort.
Volunteers
Volunteers are vital for the very existence of the Fort Trust. and we continue to demonstrate. as we have for
over 30 years, our love for Landguard Fort and our commitment to displaying it for the benefft of the public.
The Trust continues to support volunteers through a variety of activities including-.
. Smartlog
H&S training
NCVO training
Breakfast 'club'
Quiz and meal evenings
. Annual Luncheon
Volunteer wellbeing
. EH Affiliate Scheme
All of this helps to create an atmosphere where volunteers want to contribute their ts'me In looking after and
opening a scheduled rnonumenl to the public.
I would like to fomialty thank Tony Smith who has rnoved away this year. for all his hard work and enthusiasm
which has ranged from displays to events and general tours. Tonls Ghost Tours were a true experience, and
we are all gfateful for his contribution to the operation of the Fort.
We warmly welcome new Volunt￿rS aged 18 and above from all backgrounds, who can always find an area
of interest in which lo contribute to and join a community which not only prepares and presents the fort for our
many visitors but also enjoys the fun of working iogelher and shared social events.

Land uard Fort Trust
Re
ort of the Trustees
for the Year Ended 31 March 2025
Achlevement and perforn)ance
Charitable activities
The year April 2024 until March 2025 was a year of transition with Elian Shipp. our new General Manager,
joining us in March 2024. We also faced a difficult trading pertod which affected the ents're leisure sector and
seemed particularly difficult for culture and the arts. Our customer numbers and revenue Y￿re affected by
the can￿lIation of one of our twtr day Christmas weekends. The whole team had made every effort to
Continue despite the deteriorating weather conditions. It is a credit to everyone that the arrangements for this
high-profile Can￿lIatiOn were handled very well.
The year saw 21,316 visitors to the fort, still well ahead of our post covid tsrget of 18.000 visitors.
Once again, the shop and tearoom provided an excellent service for our visilors and provided an essential
income stream to support our activities. This included valuable income from supporting ticketed and
communty events
Community
Landguard Fort Twst continues to support the community by hosting events, providing gu￿eS for School and
College visits. Our guKles and managers also provide talks and lectures to interested groups in both Suffolk
and Essex.
The mayor had Iwo sponsored charities for the year, one of which was the Landguard and Felixslowe
Conservation Trust (LCT). we were delighted to both host and support the activities during the year.
Fort Forward
Our Fort Forward group. abty chaired by Steve Curtis. continues to drive projects which improve interpretats'on
for visitors, with the team notably working hard during this period on the Seaward Defence HQ. wfiile also
preparing the background for the AntI-￿rcraft display.
Submarine Mining Establlshment (SME) project
The trustees gave approval for Maltings Studio (herttsge interpretation designers) to Work with the FF team to
create a new interpretation display for the SME room (M19). Mattings submitted their 'iniiial ￿eas. proposal
which not only included some innovative ideas for static and interactive displays for the fort. but a new
interpretation display for the museum. linking the two sites for our visitors.
Toilets
This important. if long running. project saw some significant progress through physical examination of the
substructure with trial 'pits' being dug and investigated under the guidance of Historic England, a vital
precursor to a planning application.
English Heritage
The trustees, combined with the trustees of the Museum and LCT, continue lo press for a new Local
Management Agreement (LMA) which will provide transparency over responsibilities at the Fort while offering
'security of tenure. which will enable the organisations to bid for significant project funding. English Heritage
has been in a state of transiti'on due to staff cuts and significant reorganisation.
Flnancial review
Financial position
The financial statements are set out on pages 8 to 17. The financial statements have prepared in accordance
with Accounting and Reporting by Charrties: 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 st January 2019) - (Charities SORP (FRS102)) and the Companies
Act 2006
The Trustees cOns￿er the financial performance by the Charty during the year to have been
satisfactory. In common with most organisations. the Trust is exposed to increasing costs at the
present ts.me and the current cost-of living concerns have seen an impact on visitor numbers
and visitor spend. despite this the overall resulls continue to be strong.
The Statement of FTnancial Activities shows net expenditure for the year of £14,447 (15 months ended March
2024.. net income £4.266). Total Funds at 31 March 2025 stand at £233,534 (2024.. £247.981}. The Trustees
are salisfied that the Charty holds an adequate amount of liquid assets (in the form of bank and building
society deposits) to ensure that it is able to meet its obligations as they fall due.

Land
uard Fort Trust
Re
ort of the Trustees
for the Year Ended 31 March 2025
Financial review
ReseNes policy
Unrestrlcted Funds
Free reSer￿S are represented by net current assets within the Unrestricted Funds of the Charity. Free
weseTves ensure the resilience and sustsinability of the Charity in such circumstances as when encountering:
. a temporary period of redU￿d income
an unexpected increase in operational costs
. unexpected managemenuoverhead costs
The Trustees continue to take into account relevant guidance. including that provided by the Charity
Commission in CC19"Charity Resenies: Building Resilience" The continuing review examines potential risks
and assesses these risks against costs to detemiine an appropriate and prudent level of reserves, together
with an appropriate management framework.
Deslgnated Funds
As part of its review of Reserves the Trustees have confinned the designation of Unrestricted Funds in
respect of the following slrategic develowents induded within the Trusfs Cufrent strategic plans:
(i) Artefacls Fund
The Trust is always looking at ways to enhance ils collection of artrfacts, particularly ordnance. These items
are infrequently available and the Tnjst needs to be able to respond promptly to any opportunty as 1¢
emerges. In recent years the Trust has spent over £25.000 on ordnance.
(li) Capital Investment Fund
Several large-scale improvements have been identified by the Trustees as being required both lo further
enhance the visitor experience and promote the Trust's objectives or lo ensure that artefacts are mainlained
in a surtable environment.
(lit) Heritage Lottery Fund
There are significant opportunities for accessing Heritage Lottery funds which normally require an element of
matched funding. This Fund has been established by the Trustees to allow the Trust to submit future bids as
opportunities arise. either independenlty or in partnership with other organisations.
(iv) Visrtor Facilities Fund
Portable chemical toilets have been in use al the fort for many years. The significant increase in visitor
numbers achieved in recent years mean that this solution is not considered by the Trustees to be sustainable
and £20.000 has been allocated from the Capital Investrnent Fund ¥￿th an additional £30.000 from the
General Fund for a project to provide pemianent visitor faciltties. It is hoped that external funding can also be
secured in this respect as the overall cost is likely to be significant.
Future plans
The Trust conlinues to develop the facilities and interpretation of the fort in order to attract visitors. The funds
generated enable the Trust to conts'nue its educational activity and to enable both local people and visitors to
have access to and experience their heritage.
Structure, governance and management
Governing document
The Landguard Fort Trust is con5ti1uted by Deed of Trust and is a Registered Charity No 1044712 and an
Incorporated Company limited by Guarantee No 3024733.

Land
uard Fort Trust
ort of Ihe Trustees
for the Year Ended 31 March 2025
structure, governance and management
Recruitment and appointment of new trustees
Individuals who make themselves known to the Trust or who are identified as potential trustees are
interviewed by two Irustees and are then invited to observe at a Trustee meeting. Potential trustees are
required to sign the Trustee Code of Conduct and are then COThOPted to attend Trustee meetings until the next
Annual General M*ting. At the AGM new Trustees are subject to election by members and can then serve.
Trustees retire by rotation. one third rets'ring every year. Trustees may then apply for T￿leCtIOn as specified in
the Memorandum of Association.
Landguard Fort Trust is an active member of The Landguard and Felixstowe Conservalion Twst (fomerty
The Landguard Partnership) which is a collection of Landguard Peninsular stakeholders who coordinate the
management of the peninsula and develop and implement plans to improve Ihe area as a visilor attraction
whilst conserving the heritsge and habitst.
Related parties
There are no transactions with related parties requiring disclosure.
Reference and administrative detalls
Registered Company Number
3024733 (England and Wales)
Reglstered Charity Number
1044712
Registered office
Landguard Fort
View Point Road
Felixstowe
IP113TW
Independent examiner
Adrian Rush
150 Chelsworth Road
Felixstowe
IP112UJ
Bankers
The Trust's bankers are TSB Bank plc, 16 Buttermarket. Ipswich, IP1 1 BG
Approved by order of Ihe board of trustees on ...
and signed on its behalf by:
Jwogd

Inde
Land
endent Examiner's Re
uard Fort Trust
ort to the Trustees of
Independent examinerfs report to the trustees of Landguard Fort Trust fthe Compan￿)
report to the ¢harty trustees on my examination of the accounts of the Company for the year ended
31 March 2025.
Responsibilities and basis of report
As the charitys Irustees of the Company (and also its directors for the purposes of company law) you are
responsible for Ihe preparation of the accounts in accordance with the requirements of the Companies Act
2006 ('the 2006 Acr).
Having satisfied myself that the accounls 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 ol my examination of your charity's
accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act,). In carying out my
examination I have followed the Directions given by the Charty Comrnission under Section 145(5) (b) of the
2011 Act.
Independent examiner'$ ststement
I have completed my examination. I confimi that no matters have come to my attention in connection with the
examination giving me cause to bel*ve"
accounting records were not kept in respect of the Company as required by Sectton 386 of the 2006
the accounts do not accord with those records",
the accounts do not comply wilh the accounting requirements of Sects'on 396 of Ihe 2006 Act other
than any requirement that the accounts give a In￿ arKI fair view which is not a matter considered as
part of an independent examination- or
the accounts have not been prepared in accordance wrth the methods and principles of the Statement
of Recommended Practice for accounting and reporting by charities (applicable lo charities preparing
their accounts in accordance with the Financial Reporti"ng 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 lo which
attention should be drawn in this report in order to enable a proper understanding of the accounts to be
reached.
Adrian Rush
Date: ..

Land uard Fort Trust
Statement of Financial Activities
for the Year Ended 31 March 2025
Period
1.1.23
to
31.3.24
Total
funds
Year Ended
31.3.25
Total
funds
Unrestricted Restricted
funds
funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
72.651
72.651
83.003
Other trading activbties
Investment income
Other income
48.231
4.087
210
48,231
4,087
210
80.353
3,481
516
Total
125.179
125.179
167,353
EXPENDITURE ON
Raising funds
25.451
25.451
38,878
Charitable activities
Fort opening
35.090
35.090
31,914
Other
78.388
697
79,085
92,295
Total
138.929
697
139.626
163,087
NET INCOMEI(EXPENDITURE)
(13.750)
{69n
(14,44n
4.266
RECONCILIATION OF FUNDS
Total funds brought forward
245,043
2.938
247.981
243,715
TOTAL FUNDS CARRIED FORWARD
231,293
2.241
233,534
247,981
The notes form part of these financial statements

Land
uard Fort Trust
Balance Sheet
31 March 2025
31.3.25
Total
funds
31.3.24
Total
funds
Unrestricted Restricted
funds
funds
Notes
FIXED ASSETS
Tangible assets
Heritage assets
13,224
22,815
741
13,965
22,815
15,149
22,581
10
36,039
741
36.780
37,730
CURRENT ASSETS
Stocks
Debtors
Cash at bank and in hand
11
12
14,063
10,054
180.984
14,063
10,054
182.484
14.002
7,864
195,677
1.500
205,101
1.500
2[￿,601
217,543
CREDITORS
Amounts falling due within one year
13
(9.847)
(9.84T)
(7,292)
NET CURRENT ASSETS
195,254
1,500
196.754
210.251
TOTAL ASSETS LESS CURRENT
LIABILITIES
231.293
2.241
233.534
247.981
NET ASSETS
231,293
2,241
233.534
247,981
FUNDS
Unrestricted funds
Restricted funds
14
231.293
2,241
245,043
2,938
TOTAL FUNDS
233,534
247,981
The charitable company is entitled to exempts'on from audit under Section 477 of the Companies Act 2006 for
the year ended 31 March 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended
31 March 2025 in accordance with Section 476 of the Companies Act 2006.
The trustees ackno%￿dge their responsibilities for
(a)
ensuring that the chaTltable company keeps accounting iecords that compty with Sections 386 and 387
of the Companies Act 2006 and
(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 ils surplus or deficit for each financial year in
accordance with the requirements of Sections 394 and 395 and which othenvise compty with the
requirements of Ihe Companies Act 2CMJ6 relating to financial statements. so far as applicable to the
charitable company.
The notes form part of these financial statements

Land uard Fort Trust
Balan￿ Sheet - continued
31 March 2025
These financial statements have been prepared in accordance with the provisions applicable to charitable
companies subject to the smau companies regime.
The financial statements were approved by the Board of Truslees and authorised for issue on
IIK.odthJ...2y)* . .... arKI were s￿ned on its behalf by.
Jwo
en-Tr
The notes fonn part of these financial statements

Land
uard Fort Trust
Notes to the Financial Statements
for the Year Ended 31 March 2025
ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefrt entity under FRS 102,
have been prepared in accordance with the CharitÈes SORP (FRS 102) 'Accounting and Reporting by
Charitses: Statement of Recommended Practice applicable to charities preparing their accounts in
accordance vilh 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 Compan*s Act 2006. The financial statements
have been prepared under the historical cost convention.
The trustees consider thal there are sufficient reserves to enable Ihe TTUSI to continue as a going
concem.
Assets and liabilities are initially recognised at historical cosl or transaction value unless Otherv￿se
ststed in the relevant accounting policy note(s).
Incorne
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 reliabty. Income
is shown net of VAT.
Income from grants is recognised when the charity has entitlement to the funds, any performance
conditions attached to the grants have been met, it is probable that the income will be recetved and the
amount can be measured reliably and Is not deferred.
Investrnent income is recognised on a receivable basis.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation
committing the charity to Ihal 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
shown net of VAT. Expenditure is accounted for on an accfuals 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.
Charltable activities
Charitable expenditure shall include all expenditure directy related to the objects of the charty
including the following
Activities in furtherance of the chartvs objectives
The cost of goods and services and ancillary trading costs Ihal have been incurred in charrtable
acts'vities.
Support cosls of activities
Support costs of aclivilies for charitable purposes comprising the salary costs of the Manager.
Tangible fixed assets
All assets costing more than £250 are capitallsed and valued at historical cost.
Depreciation is provided at Ihe fOlk￿lI¥j annual rates in order lo wrile off each asset over its
estimated useful lrfe.
Improvements to propety- 10/4 on cost
Video and audio equipment - 330/0 on cost
Heritsge assets
All heritage assets are stated at cost less depreciation.
Where in the opinion of the Trustees the estimated residual value is not markedly drflerent from Ihe
carrying amount no depreciation is charged as it is deemed immaterial

Land
uard Fort Trust
Notes to the Financial Statements - continued
for the Year Ended 31 March 2025
ACCOUNTING POLICIES - contlnued
Stocks
Stocks are valued at the lower of cost and net realisable value. after making due allowan￿ for
obsolete and slow moving iterns.
Taxation
As a registered charty. the Trust is exempt from income and corporatton tsx to the extent that its
income and gains are applicable to charitable purposes only. .
Fund accounting
The Charty maintains a general unrestricted fund which represent5 funds which are expendable at the
discretion of the Twstees in furtherance of the objects of the charty. Such funds may be held in order
to finance both working capital and capitsl investrnent.
There is no formal policy of transfer belween funds or on the allocation of funds lo deS￿nated funds,
other than that described above.
Any other proposed Iransfer between funds would be considered on the particular circumstances.
Further explanation of the nature and purpose of each fund is induded in the notes lo the financial
statements.
OTHER TRADING ACTIVITIES
Period
1.1.23
to
31.3.24
Year Ended
31.3.25
Events"
Shop income
Tea Room income
GTOUPS & tou
Trails
Ticket 5ale5
9.358
14.347
15.(K)8
4.996
4.158
29,622
18,740
19.344
4,891
7.258
498
48,231
80,353
Events income of £12,887 is shown net of the joint ticket adjustrnent payment to the museum of
£3,529.
INVESTMENT INCOME
Period
1.1.23
Year Ended
31.3.25
31.3.24
C)eposit account interest
4.087
3,481

Land
uard Fort Trust
Notes to the Financial Statements - continued
for the Year Ended 31 March 2025
NET INCOMEI(EXPENDITURE)
Net incomel(expendilure) is stated after chargingl{crediting).'
Period
1.1.23
to
31.3.24
Year Ended
31.3.25
Depreciation - owned assets
5,226
6,261
TRUSTEES. REMUNERATION AND BENEFITS
There were no trustees, remuneration or other benefits for the year ended 31 March 2025 nor for the
period ended 31 March 2024.
Trustees, expenses
There were no trustees. expenses paid for the year ended 31 March 2025 nor for the period ended
31 March 2024.
STAFF COSTS
The average monthty nurnber of employees during the year was as follows:
Period
1.1.23
to
31.3.24
Y&qr Ended
31.3.25
Administration
No employees received emoluments in excess of £60.000.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted
funds
funds
Total
funds
INCOME AND ENDOWMENTS FROM
Donations and legacies
83.003
83.003
Other trading activities
Investrnent income
Other income
80,353
3.481
516
80.353
3,481
516
Total
167.353
167.353
EXPENDITURE ON
Raising funds
38.878
38,878
Charltable activities
Fort opening
31,914
31,914
Other
91,734
561
92,295
Totsl
162,526
561
163,087

Land
uard Fort Trust
Notes to the Financial Statements - continued
for the Year Ended 31 March 2025
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted Restricted
funds
funds
Total
funds
NET INCOMEIIEXPENDITURE)
4.827
{561)
4.266
RECONCILIATION OF FUNDS
Tolal funds brought forward
240.216
3.499
243.715
TOTAL FUNDS CARRIED FORWARD
245.043
2,938
247,981
FEES FOR EXAMINATION OF THE ACCOUNTS
The fee charged in iesped of Ihe independent examination of the Trusfs financial statements for the
year ended 31March 2025 was £500 (2024: £500). The Independent Examiner provides no other
prolessional or business services to the Trust.
TANGIBLE FIXED ASSETS
VKleo arKI
Improvements
audio
to property equipmenl
Fixtures
and
fittings
Totals
Cost
At 1 April 2024
Additions
25.860
18.363
9.595
4.042
53,818
4,042
At 31 March 2025
25,860
18,363
13,637
57,860
Depreclation
At 1 April 2024
Charge for year
15,298
2,586
18.363
5.008
2,640
38,669
5,226
At 31 March 2025
17,884
18,363
7,648
43,895
Net book value
At 31 March 2025
7,976
5,989
13,965
At 31 March 2024
10,562
4.587
15.149
10. HERITAGE ASSETS
Total
Market value
At 1 April 2024
Additions
22,581
234
At 31 March 2025
22,815
Net book value
At 31 March 2025
22,815
At 31 March 2024
22,581

Land
uard Fort Trust
Notes to the Financial Statements - continued
for the Year Ended 31 March 2025
10. HERITAGE ASSETS - continued
Heritage Assets comprise historic weaponry which was purchased during the financial year ended 31
March 2016 and the current period. There have been no Subsequent disp0531. The Trustees do not
consider that there is any impairment event requiring to be re￿gnised in the current period or in earlier
years in relation to this category of assets. The accounting polw for this category of assets is set oul
in Note 1 to these Accounts.
11. STOCKS
31.3.25
31.3.24
Goods for resale
14,063
14.002
12. DEBTORS: AMouKfs FALLING DUE WITHIN ONE YEAR
31.3.25
31.3.24
Trade debtors
VAT
Prepayments
1,551
3,000
5.503
627
2,481
4.756
10.054
7,864
13. CREDITORS: AMOUNTS FALLING DUEWITHIN ONEYEAR
31.3.25
31.3.24
Trade creditors
Social securty and othef tsxes
Other creditors
Accrued expenses
4.064
2,020
408
3.355
2,319
1.334
206
3.433
9.847
7,292
14. MOVEMENT IN FUNDS
Net
movement
in funds At 31.3.25
At 1.4.24
Unrestricted funds
General fund
Artefacts fund
Heritage Lottery Bid fund
Capital investment fund
V151tor Facilities fund
123.704
30.000
15.000
26.339
50.WO
(11.164)
112,540
30,000
15,000
23,753
50,000
(2.586)
245.043
(13,750)
231.293
Restricted funds
Project AV
Project Drive
Defibrillator fund
(334)
560
1.500
181
1.500
(363)
2.938
(69n
2.241
TOTAL FUNDS
247,981
(14.44n
233.534

Land
uard Fort Trust
Notes to the Financial Statements - conb'nued
for the Year Ended 31 March 2025
14.
MOVEMENT IN FUNDS - continued
Net movement in funds. induded in Ihe above are as follows:
Incoming Resources Movement
resources
expended
in funds
Unrestricted funds
General fund
Capital investrnent fund
125.179
(136.343)
(2.586)
(11,164)
(2.586)
125.179
{138.929)
(13.750)
Restricted funds
Project AV
Defibrillalor fund
{334)
(363)
(334)
(363)
{697)
(697)
TOTAL FUNDS
125.179
(139,626)
(14.447)
Comparatives for movement in funds
Net
movement
in funds
Transfers
between
funds At 31.3.24
At1.1.23
Unrestricted funds
General fund
Artefacts fund
Heritage Lottery Bid fund
Capital investment fund
Visitor Facilities fund
145.644
30,000
15,000
49.572
8.060
(30,000)
123,704
30.000
15,000
26,339
50,000
(3.233)
(20,000)
50,000
240.216
4.827
245.043
Restricted funds
Project AV
Project Drive
Defibrillator fund
1.000
1.500
999
(106)
894
1,500
(455)
3.499
{561)
2,938
TOTAL FUNDS
243.715
4,266
247,981

Land
uard Fort Trust
Notes to the Financial Statements - continued
for the Year Ended 31 March 2025
14.
MOVEMENT IN FUNDS - continued
Comparative net movemenl in funds. induded in the above are as follows.-
Incoming Resources Movement
resources
expended
in funds
Unrestricted funds
General fund
Capital investment furKI
167.353
(159,293)
{3.233)
8.060
(3.233)
167.353
(162.526)
4.827
Restricted funds
Project AV
Defibrillator fund
(106)
(455)
(106)
(455)
(561)
(561)
TOTAL FUNDS
167,353
(163,087)
4.266
The tfustees have created the following Desgnated Funds from Uniestricted Funds:
(i) Artefacts Fund - balance at 31 March 2024: £30.000
The Trustees designated an initial £30,000 to this Fund. At 31 March 2024 £22,580 of this Fund is
represented by the Heritage Assets included in Note 10 to Ihese Accounts.
(li) Capltal Investment Fund - balance at 31 March 2024: £26,339
The Trustees have designated £60,000 to Ihis Fund. At 31 March 2024 this has been reduced lo
£26,339 as a consequence of cumulative depreciation being charged in respect of the acquired assets
as noted above. Of the remaining net balance on this Fund. £10.562 is represented by fixed assets
included in Note 9 to these Accounts.
lili) Heritage Lottery Fund - balance at 31 March 2024: £15.1)00
This Fund has been established by Ihe Trustees to allow the Trust to submil future bids as future
opportunities arise. either independenlly or in partnership with other organisations..
(iv) Wisitor Facilities Fund - balance at 31 March 2024: £50,IX)O
The Trustees have designated £50.000 to replace the chemical toilets with a loilet block to provide
permanent visitor facilities.
Restricted Funds
Funds established by grants from Felixstowe Town Council as follows..
- Project AV. in 2020 for additional Audio Visual capabilty.
Project Drive, in 2020 to cover improved visitor experience for disabled and visitors with
restricted mobility.
- Project Signage in 2021 to renew interpretation for visiioTS.
Funds established by a grant from East Suffolk Council:
Plan for the future, in 202110 provide a tour guide app for visitors.
- Deputy fund in 2022 to help finance the salary of the new Deputy Manager.

Land
uard Fort Trust
Notes to the Financial Slatemenls - continued
for the Year Ended 31 March 2025
14.
MOVEMENT IN FUNDS- continued
Fund established by a grant from The Food Kbtchen:
Kick Start fund in 2022 to fund employment under the Kick Stsrt Programme.
Fund established by a grant from Felixstowe Lions Club:
Defibrillalor fund in 2022 to acquire a defibrillator
15. RELATED PARTY DISCLOSURES
There were no relaled party transactions for the year ended 31 March 2025.