Company Number 2844791
(England and Wales)
Registered Charity
Number 1047187
EEN STREET SCHOOL PRESER
ATI
N TRUST
Acom
an
limlted b
uarantee
Flnanclal St
For the
ear ended
31Au
ust 2024
•AE3LJRNU*
2910512025
COMPANIES HOUSE
A11

UEEN STREET SCHOOL PRESERVATION TRUST
Flnancial statements for the
ear ended 31 Au
ust 2024
CONTENTS
PAGE
Company Information
Independent Examinerfs Report
Trustees, Report
3to10
Income and Expenditure Account
11
Statement of Financial Activities
12
Balance Sheet
13
Notes to the Financial Ststements
14to18

QUEEN STREET SCHOOL PRESERVATION TRUST
Com
an
information for the
ear ended 31 Au
ust 2024
Chari
Name
Queen Street School Preservation Trust
Chari
Number
1047187
Com
an
Re
istration Number
2844791
Trustees
John French
Louise Harper
Graham Cannon
Phil Bradley
Jean Cannon (Chair)
lan Wolseley
Charles Dickens
Stephanie Codd
ecreta
lan Wolseley
Princi
al Addre
Wilderspin National School
Queen Street
Barton upon Humber
North Lincolnshire
DN18 5QP
istered Office
Queen Street
Barton upon Humber
North Lincolnshire
DN18 5QP
de
endent Examiner
John Heeney BA {Hons) FCA
RNS Chartered Accountants
41 High Street
Barton upon Humber
North Lincolnshire
DN18 5PD

UEEN STREET SCHOOL PRESERVATION TRUST
Inde
endent Examiner's Re
rt to the Trustees
fthe
ueen Street School Preservation Trust
I report to the charity trustees on my examination of the accounts of the company for the year ended 31
August 2024 which are set out on pages 11 to 18.
Res
onsibillties and basis of re
ort
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 seclion 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.
Inde
end
ex
min
ent
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..
accounting records were not kept in respect of the company as required by section 386 of
the Companies Act 2006., or
the accounts do not accord with those record., or
the accounts do not comply with the accounting requirements of section 396 of the Companies
Act 2006 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
the accounts have not been prepared in accordance with the methods and principles of the
Statement of Recommended Practice.. 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.
John H•en•
Hon3
FCA
RNS Chartered Accountants
41 High Street
Barton upon Humber
North Lincolnshire
DN18 5PD
2025

QUEEN STREET SCHOOL PRESERVATION TRUST
Re
ortoft
Tr
tees for the
ear ended 31 A
ust 2024
The Trustees present their report and financial statements of the charity for the year ended 31 August 2024.
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.
Reference and administrative details
Trustees
The Twstees who seNed during the year and since the year end were as follows..
John French
Louise H8rper
Graham Cannon
Phil Bradley
Jean Cannon
lan Wolseley
Charles Dickens
Stephanie Codd
Caroline Edwards (appointed 201h March 2024, resigned 22nd April 2024)
The members of the Board of Trustees are elected at the Annual General Meeting by the members of the
charity, and usually serve for a three-year term.
The company is limited by guarantee therefore none of the trustees have an interest in share capitsl.
Objectives and principal activities
Queen Street School Preseplation Trust is a Registered Charity, the objectives of which are..
To acquire, presenie and maintain the old school and other buildings in the Queen Street area, and
to carry out repairs, alterations, maintenance and construction on the same in order to create an
educational, heritage and community centre for the benefit of the people of Barton, visitors, schools
and educational historians,
To continue to p￿SeNe and maintain and to manage the said centre.
To acquire and maintain for the advancement of education a museum comprising 8 collection of
artefacts for display and study purposes on the subject of the history of prirnary education with
particular reference to Samuel Wilderspin and his role in it.
The principal activity of the company is the preservats'on of the Queen Street School (known now as
Wilderspin National School) for the benefit of the inhabitants of Barton upon Humber.
Statement for public beneflt tsst for charlties
In setting our objectives and planning our activities the trustees have given careful consideration to the charity
commission general guidance on public benefit.

QUEEN STREET SCHOOL PRESERVATION TRUST
Re
ortof
e Trustees for the
ear ende
ust 2024
ontinued
Statement of the Trustees, responsibilities
The trustees (who are also directors of the charity 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 twstees are required to,.
select suitable accounting policies and then apply them consistentty..
obseprfe the methods and principles in the Charities SORP 2015 {FRS102)"
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 company will continue to operate.
The trustees are responsible for keeping adequate accounting records that disclose with reasonable
atcuracy 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 safeguardin9 the
assets of the charitable company and hence for taking reasonable steps for the prevention and detection of
fraud and other irregularities.
In so far as the trustees are aware..
there is no relevant audit information of which the charitable company's auditor is unaware., and.
the trustees have taken all steps that they ought to have taken to make themselves aware of any
relevant audit information and to establish that the auditor is aware of that information
Achievements and performance
We welcomed $59 visitors to the Museum [compared to 1,014 in 2022123., down 540/0]. Like many museums,
post pandemic recovery is taking time. 140 of visitors were children [249 last year] and 419 were adults [765
last yearl. Twenty-five per cent were children in family groups- similar to the previous year. Notably, 72 /0 of
all visitors (includin9 school groups) were children.
Most visitors (650/0) visit in family groups., about 19°/o as couples, and 6./0 as individuals.
Since opening in 2009 the Museum has welcomed 147,885 visitors and participants in our èvents prograrns.
Communlty Engagement
Barton VEA disbanded in its centenary year. The Group met regularly at Wilderspin but has been
superseded by Lifelong learning at Barton (LLaB)-
Barton Civic Society conlinued to make regular use of the Joseph Wright Hall for public lectures, and other
rooms for committee meetings, and storage and work on their archive.
A sewing group run by textile artist Nicky Dillerstone took part in our wartime event and continued with regular
meetings.
We were thrilled that our Memory Café Project, launched in 2022, was awarded a Marsh Award for Museum
Learning by the Brrtish Museurn and the Marsh Charitable Trust.
Various groups continued to make weekly use of spaces in the Joseph Wright Hall including woodcarvers,
painters and textile spinners.
The Museum has been a key partner of the Barton Heritage Project spearheaded by The Ropewalk and in
collaboration with other heritage organisations in the town.

UEEN STREET SCHOOL PRESERVATION TRUST
Re
ort of the Trustees for the
ear ended 31 Au
U8t 2024
continued
Staff & Volunteers
The Trust continued to employ a part-time Business & Site Manager. a part-time Administration Assistant
and a part-time Caretaker Icleaner.
As expected there has been turnover of volunteers but the team still hovers around 35 members. Some of
the regular teams have not recovered to full strength since the pandemic, Maintenance, Gardening and
Reception teams have been a challenge to re-build.
Some of our volunteers took part in 2 dementia awareness training sessions delivered as part of the Barton
Heritage Project.
Others have represented the Trust at Museums Development Yorkshire forums,. North Lincolnshire
Tourism Network; Barton Heritage Project., Barton Tourism Partnership,. and the North Lincolnshire
Heritage Netsvork.
D18plays
As part of the Barton Heritage Project, and with the involvement of temporary Project stsff, we took pop-
up displays to 9 venues including the Barton Hub and The Ropewalk promoting the Museum and soliciting
memories of schooldays and school dinners in particular. A display was curated by Project staff for public
exhibition at Barton Library. We also worked with pupils from Castledyke School to produce a display of
some of 8arton's Victorian buildings.
The construction of the School was researched by our Collections Group who produced a display which
was included in the 2024 Heritsge Open Days festival to mark the 180th annlversary of the School's
construction.
Ev.ents
The Museum organised 16 events involving 130 children and 1.142 adults, totalling 1.272 people.
Fourteen additional performances and lectures in the Joseph Wright Hall were organised by external
organisations involving a total audience of 999.
Our 2024 Events programme was launched at Easter starting with the popular Bunny Trail.
We were hopeful a seaside-themed day would be a popular reminiscence event but were disappointed
with low visitor numbers.
Retro Games from our archive were more popular and had good reminiscence appeal.
Our quiz nights have become regular events three times a year and continue to raise additional funds.
Our Chatty Café Group continued to organise occasional themed events linking with the coffee shop and
our Memory Boxes.
External organisaiions continued to use the Joseph Wright Hall fortheirown productions including Friends
at Barton who performed again in the Joseph Wright Hall with their production of Pinocchio. There were
five very successful, sell-out performances to over 600 people. Other Lives Productions and Hambleden
Productions performed their own shows at the Hall.
The Heritage Open Days theme for Lincolnshire was °Cre8tivty Unwrapped, and the major part of our
programme was a very successful arts and crafts festival with displays, workshops and a crafts fair which
attracted over 250 people.
The school visits session "History Underfoot. was adapted for families during the Council of British
Archaeology's Archaeology Month in June.

UEEN STREET SCHOOL PRESERVATION TRUST
rt of the Trustees for the
ear ended 31 Au
ust 2024
continued
8usines8 Tenancies & Faclllty Hir•
The Old School Canteen coffee shop closed at the end of the year after six years due to burgeoning
energy and supplies costs which rendered its continuing operation unsustainable without ongoing
subsidy.
The vacant space is being used once again for meetings, groups and pop-up activities. An experiment
with a community café (Slow Circular Earth) was trialled but ceased after the summer. There were 679
customers during the three months of operation.
Humberside Clockworks and Humber & Wolds Rural Action business tenancies have continued in the
Aelberry Building business units.
There were 214 room hires involving 2,762 people across both buildings.
The Ward Room in the Museum was hired 22 times involving 229 person uses.
The￿ were 192 room hires in the Joseph Wright Hall involving 2, 533 person uses:
The Primary Room was used 88 times involving 572 person uses.
The Community Room was used 37 times involving 544 person uses.
The Auditorium was used 33 times (excluding use by school groups) by 1,295 person uses.
A resident group of wood caplers used the workshop 34 times involving 122 person uses.
Buildings Commlttee
As part of the restructuring of the managernent of the School Museum, a Buildings Committee was
established. Its role covers the improvement, development and maintenance of the site and the three
buildings in our care, especially the ongoing restoration and conseniation of their historic fabric. Also, the
health, safety and security of the whole premises. Pursuit of grants towards these works is an important
element in the role of Ihis committee.
The Committee of six members held quarterly meetings, the inaugural meeting being on the 16th of April.
Its proceedings are reported to the Council of Management.
Under the auspices of this Committee, the Joseph Wright Hall Project Development Working Group has
been re-established, continuing to progress the refurbishment of the Hall, especially the ongoing
installation of new Back Stairs, a project which has made steady but sure progress. This has included a
wheelchair refuge area and a new staircase enabling us to increase capacity in the Auditorium.
A rather depleted but willing Maintenance Team tackles some routine work of repair and care of our
premises forwhich we are most grateful. More volunteers to assist with this vital work are urgently needed.
Educatlon & Interpretatlon Commlttee
Education
There have more school visits this year [2022123 figures in bracketsj.. 41 [361 involving 1.666 children
[1,800]. More learning sessions were delivered.. 137 [124 - an Increase of 100/oJ to a total audience,
including accompanying adults, of 3,628.
School visits revenue was £13,0761£11,9191. Costs, including training and logistical coats, were £3,903
1£4,1301. Net income was £9,1741£7,789].
The Group Tour has been revised to reflect changes to room displays. Only one organised group visited
during the year, but informal weekend tours were also introduced

UEEN STREET SCHOOL PRESERVATION TRUST
Re
ort of the Trustees for the
ear ended 31 Au
ust 2024
continued
Interpretation
No major changes were made to the permanent displays since the revamp in 2022123 but a regular annual
inspection and cleaning programme was completed by the Collections Group during the winter.
As part of the Barton Heritage Project an exhibition, 'My Doorstep My Heritage" was created involving
pupils from Castledyke School.
The Playground featured as one of the Barton Open Gardens in June. Barton Volunteers continue to
manage the gardens in the absence of a dedicated volunteer group.
Monthly 9uided tours were trialled during the winter closure to maintain the Museum's profile during the
winter.
A series of Winter Warmer open days, with rerniniscence themes, were held during the closed winter
period.
Barton Herltage Project
This was a six-month project spearheaded by The Ropewalk. It was collaboration behveen The Ropewalk,
Wilderspin and north Lincolnshire Council as key partners with involvement by other local heritage
organisation. It aimed to share knowledge and support each other through marketing, education,
community engagement and training. Four part time staff were recruited to coordinate volunteers in
Barton, partnership marketing, education and community outre8ch. The project was funded by UK Shared
Prosperity Fund.
Two outreach boxes We￿ devised as part of the project which were trialled at 5 care
homes.
Two outreach sessions were delivered to an audience of 25 at Living Later Life Well at
Trinity, and to 30 pupils at Castledyke School.
An exhibition 'My Doorstep My Heritage" was curated with pupils from Castledyke School.
Four themed sessions were organised during the winter-closure period.
A small exhibition about Victorian schools was dismayed the Baron Library Hub.
A pop-up display was displayed at four community venues.
4 outreach reminisce events We￿ held.
Collections Committee
Core Collectlon
Material held at Lincoln Archives, including School Log Books, are to be researched and copied. Further
involvement of Consultant Archaeologist (restoration) is urgently required.
Further oral history recording of former pupils has been undertaken. Transcribing had been started but
this is going to be a substantial undertaking requiring additional volunteer support.
John French is preparing a donation of a collection of education books to further the Trusys mission to
create a significant research resource.

UEEN STREET SCHOOL PRESERVATION TRUST
Re
ort of the Trustees for the
ear ended 31 Au
ust 2024
continued
Handling Colleclion
The Collection has been used to support our Chaty Café and Winter Warmer reminiS￿nCe events. guided
tours, education programme, revamp of the Ward Room (ex Old School Canteen) and Rex Russell
Memorial Study Day.
Memory (handling) Boxes for use in the Museum and offsite is continuing following the success of the
Memory Café project which was awarded a Marsh Award for Heritage Education.
Permanent Loans
North Lincolnshire Museums and Leeds University Loans". the ￿qUI￿d update and reviews were
completed. NLM has proposed a permanent transfer of much of the consignment.
Museums Accreditation
The Committee has scheduled tasks as part of Accreditation Review required by 2027, including the
Collections Development Policy.
Ali Bodley is our Accreditation Mentor.
Improved physical and digital access to the Collection will require IT upgrade and additional volunteer
support.
Emergency Plan
Modifications to the Store have prioritised the Core Collection for speedy removal in an emergency. A
practice evacuation is to be planned.
Forward Plan
Addilional volunteer support is required for some of the planned tasks. IT upgrade is urgently needed.
The Collections Group
This is a working group of five volunteers which meets regularly each week to care for the Trust's
Collection and Archive.
The Group applied for and VRS awarded a grant from Museum Development Yorkshire (Arts Council
England) which was used to provide a fvrftrday intensive training course on how to conserve and clean
artefacts. This knowledge and specialised cleaning materials bought with the grant was used when
undertaking the annual cleaning of the museum in the winter of 2023-2024 and beyond.
The team was asked to create a display for the Barton contribution to the Heritage Open Days event in
September 2023. We did this by researching the earliest photographs relating to the school to some of
the final school events held at the Barton Church of England School. The display about the Barton Church
School between 1880 - 1978 was entitled School Life.. Memories and mementos of school days. The
earliest photograph was of Solomon Ward and his wife (he was the headmaster of the boys, school 1880-
1919) and the latest artefact was a programme for the Terrific Talent Contest.. 9th April 1974. Janet
Smurthwaite, a member of the Collections Group taught at the school until it moved to new premises in
1978, was able to provide many valuable insights into this, and other, events.
There were many photographs and pieces of ephemera in between those dates. One was a photograph
of a cookery class at the School and we also displayed some old recipe books from the collection alongside
the photograph. This, and other parts of the display, were included in outreach sessions held in various
parts of Barton thus reaching a wider audience including the Barton Hub and Living Later Life Well at
Trinity.
The Group completed a winter cleaning of the pemianent displays.

UEEN STREET SCHOOL PRESERVATION TRUST
ort of the Trustees for the
ear ended 31 Au
ust 2024
continued
Delivery & Operations Committee
This Committee has met monthly. Its inaugural meeting confirmed its remit to oversee the public operation
of the Museum including routine visitor Se￿ices, site management (including health & safety) and tenants,
I hirers, services. The Business & Site Manager is a member of the Committee.
A separate Marketing & Events Group coordinated the Museum's Events programme.
Future Aim8
Looking ahead there are several priorities for the Trusi-
Recruitment of more volunteers
Increase the number of events and exhibitions
Marketing and advertising review
Completion of refurbishment of Joseph Wright Hall
Reduction ol the Mus8um's Carbon footprint through improved energy conseNation
Addilional grant funding to help with mainlaining the fabric of the buildings, increased
staffing capacity and to enable us to increase visitor numbers
Fopward Plan 2025 - 2030
Celebrating the bicentenary of Samuel Wilderspin's travels
Further development of the Barton Heritage Project
Flnanclal Revlew
The Statement of Financial Activities {SOFA) shows that at the end of the financial year we had positive
reserves to carry forward of £480,834, compared with positive reserrfes of £499,482 at 31 August 2023.
Structure. governance and management
Corporate status
The company was incorporated as a private company limited by guarantee without share capital.
Organisatlon
Management of the Trust changed during the yearto better manage the workload, and
distinguish long terni, strateglc planning from the routine, day-to-day management.
The Company (Queen Steet School Preservation Trust) remains unchanged with its affairs reported at an
Annual General Meeting. It delegates management of the Museum to the Council of Management.
The Council of Management is now a smaller strategic steering group and focusses on key priorities:
BUILT HERITAGE,. COLLECTIONS & ARCHIVE; EDUCATION & INTERPRETATION., OPERATIONS"
FINANCE,. PERSONNEL., GOVERNANCE and ACCREDITATION.

10
UEEN STREET SCHOOL PRESERVATION TRUST
Re
ort of the Trustees for the
ear ended 31 Au
ust 2024
continued
Five committees now manage different aspects of our work.
Delivery & Operations Committee
Monthly meetings to manage the day to day running of the site. In the absence of a paid CEO
the Chair has responsibility for day-to-day operations.
Education & Interpretation Committee
Coordinates school & group visits, and displays & exhibitions with 3 x termly meelings each
year.
Bulldlngs Commlttee
Quarterly meetings to manage the care of each of the historic buildings (conserrfation,
restoration, refurbishment. capitsl grant projects etc.).
Collectlons Commlttee
Separate from the Collections Group, and with a more 'strategic° reviewing role, the
Committee meets 3 times a year with oversight of Collection Policy, acquisition and disposal,
and Accreditats'on requirements.
Flnance Commlttee
Focuses on financial planning and budget control and applying for grants.
Each of the Committee Chairs is a rnember of the Council of Management to link strategy and "on the
ground. delivery.
Other trustees, volunteers, paid staff and co-opted experts are encouraged to be part of the committees,
but the Council of Management consists exclusively of the charity's trustees.
Informal working groups continue in areas like gardening, collection care and maintenance etc.
Governance
In August 2021 John Walker retired as Chair of the Trust, and lan Wolseley retired as Development Officer.
Both had been in their respects've roles for over fifteen years. The Trust was Immensely grateful for all their
work which spanned the restoration project of the School, the launch of the Museum and establishing the
Wilderspin & National School Museum as an important visitor attraction and community asset. lan Wolseley
took over as interim Chair of the Trust until April when Jean Cannon was elected.
Small companies provisions
The report of the trustees has been prepa￿ taking advantsge of the small companies exemption of section
415A of the Companies Act 2006.
By order of the Board
Jean Cannon
Chairman
Date".
Z74 fil

QUEEN STREET SCHOOL PRESERVATION TRUST
Income and ex
enditure account
Year ended 31 Au
ust 2024
2024
2023
Income
58.802
68,908
Investment Income
534
408
Gross income
59,336
69,314
Expendltur•
77,984
90,472
Net (expendltureVlncom•
(18,648) (21,158)
The income and expenditure account has been prepared on the basis that all operations are continuing
operations.

12
UEEN STREET SCHOOL PRESERVATION TRUST
Statement of Financlal Activities
For the
ear ended 31 Au
ust 2024
Unrestricted Restricted
Funds
Total
2024
Total
2023
Income from:
Donations
Gift Aid Claims
Charitable activities
Other trading activities
Investment income
Government grant
1,770
1,746
7,830
3 47,456
534
1,770
1,746
7,830
47,456
534
9,026
763
13,530
45,589
406
Total Income
59,336
59,336
69,314
Expondituro on:
Charitable activities
Governance costs
4 75,961
2,023
75,961
2,023
87.521
2.951
Total expendltur•
77,984
77,984
90.472
Net Income
13 (18,648)
(18,648) (21,158)
Totsl lund$ brought forward
13 29,482
470,000
499,482
520,640
Total fund8 carrled forward
13 10,834
470,000
480,834
499,482

13
UEEN STREET SCHOOL PRESERVATION TRUST
Com
an
Number 2844791
Balance sheet
Asat31Au
ust 2024
Total
2024
Total
2023
ote
Fixed assets
Tangible assets
10
560,000
560,000
Current assets
Stocks
Debtors
Cash at bank and in hand
2.314
589
18,753
2,314
335
39,196
Total current assets
21,656
41,845
redlto
Amounts falling due within one year
12
10,822
12,363
urrent as
10,834
29,482
Total assets less current liabilities
570.834
589,482
Creditofs.. Amounts falling due more than one year 10
90.000
90,000
Net assets
480,834
499,482
Funds of the charl
Unrestricted fund
13
10,834
29,482
Restricted income funds
13
470,000
470,000
Total charit fund
480,834
499,482
For the year ended 31 August 2023 the company was entitled to exemption from audit under section 477 of
the Companies Act 2006 relating to small companies.
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 preparats'on of accounts:
These financial statements have been prepared in accordance with the special provisions relating to
companies subject to the small companies regime within Part 15 of the Companies Act 2006.
The financial ststements were approved by the Board on
2025.
Jean Cannon, Chairman

14
UEEN STREET SCHOOL PRESERVATION TRUST
Notes to the financial statements
Year ended 31 Au
ust 2024
1 Summa
ofsi
nificant accountin
oIiciL
(a) General inforniatlon and basls of preparalion
Queen Street School Preservation Trust is a private company limited by guarantee incorporated in
England. In the event of the charity being wound up, the liability in respect of the guarantee is limited to
£1 per member of the charity. The address of the registered office is given in the charity inft)miation on
pag8 1 of these financial ststements. The nature of the charity's operations and principal acts'vities are
described on page 3.
The charity constitutes a public benefit entity as defined by FRS 102. 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 on 16 July 2014 (as updated
through Update Bulletin 1 published on 2 February 2016), the Financial Reporting Standard applicable
in the United Kingdom and Republic of Ireland {FRS 102), the Charities Act 2011, the Companies Act
2006 and UK Generally Accepted Accounting Practice.
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 applylng FRS 102 Section 1A.
The financial statements are prepared on a going concern basis under the historical cost convention,
modified to include certain items at fair value. The financial statements are presented in sterling which
is the functional currency of the charity and rounded to the nearest £.
The significant accounting policies applied in the preparation of these financial statements are set out
below. These policies have been consistently applied to all years presented unless other*vise stated.
(b) Income recognition
Grants received of a revenue nature are credited to Incoming Resources in the Statement of Financial
Activities when the company is legally entitled to the income and the amount can be quantified with
reasonable accuracy.
Services provided, investment income and rents are accounted for on the accruals basis. Other income
is accounted for when received. All income is shown gross with associated costs included in expenditure.
Grants received to fund the purchase of fixed assets are credited to the Statement of Financial Activities
when the company is legally entitled to the income. The related expenditure is charged to Fixed Assets
in the Balance Sheet.
Ic) Expendlture ￿QgnitIon
All expenditure is accounted for on an accruals basis and has been classified under headings that
aggregate costs related to the category. Where costs cannot be directly atlributed to particular headings
they have been allocated to acts'vities on a basis consistent with the use of resources.
(d) 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.
Long temi leasehold land and buildings are shown at open market value.

15
QUEEN STREET SCHOOL PRESERVATION TRUST ".
Notes to the financial statements
Yèar ended 31 Au
ust 2024
(e) Funds
Restricted funds are funds which are to be used in accordance with specific restrictions imposed on
donors. Restricted funds are accounted for separately from each other and from the core funding of the
company.
General funds are unrestricted funds which are available for use at the discretion of the trustees in the
furtherance of the general objectives of the charity and which have not been designated for other
purposes.
2 Income from charitable activities
Unrestricted
Funds
Total
2024
Total
2023
Other grants
Arts Council Grant
7,830
7,830
13,530
7,830
7,830
13,530
ncome from other
in
Unrestricted
Funds
Tolal
2024
Total
2023
Shop sales
Refreshments
School visits
Group visits
Events
Entrance fees
Garden
Second hand books
Sundry income
Catering and conferencing
Quizzes
Lottery Club
Education
Rent and facility hire
Bar
480
23
480
23
1.732
365
5,189
1,490
365
5,189
1,490
387
2,365
1,990
157
1,516
157
1,516
275
1,993
444
190
12,918
23,450
1,234
444
190
12,918
23,450
1,234
326
415
11,873
23,612
621
47,456
47,456
45,589

16
UEEN STREET SCHOOL PRESERVAfioN TRUST
Notes to the financial statements
Year ended 31 Au
ust 2024
4 Ex
enditure on charitable ac
Unrestricted
Funds
Total
2024
Total
2023
Archives and collections
Cleaning and waste
Salaries
Pension contributions
Shop stock
Refreshments
Events
Equipment and materials
Telephone and postage
Electricity, gas and water
Business rates
Marketing and advertising
Education and outreach
Miscellaneous
Insurance
Consumables
Premises repairs and maintenance
Printing and stationery
Bar
JldVH development project
JWH Back Stairs project
JWH Electrics project
MDY voluntary video
Memory café project
G8t involved HLF project
901
957
25,464
163
901
957
25,464
163
2,005
23,528
785
98
2,158
69
30
21,671
1,708
742
4,179
1,169
2,676
74
1,709
661
10
17,937
335
1,508
4,402
1,463
3,052
12
1,230
158
482
74
1,709
661
10
17,937
335
1,508
4,402
1,463
3,052
12
1,230
158
482
3,612
1,014
374
1,947
18,012
15,443
15,443
1,744
75,961
75,961
87,521
Unrestrlcted
Funds
Total
202
Total
S Governance costs
Accountsncy
Bank charges
Legal and professional fees
1,886
103
1,886
103
997
117
1,837
2,023
2,023
2,951
6 Staff costs and numbers
2024
2023
Wages and salaries
Pension costs
25,464
163
23,528
No employee received emoluments of more than £60,000.
The average number of employees during the year was 3 (2023 -' 3).

17
QUEEN STREET SCHOOL PRESERVATION TRUST
Notes to the financial statements
Year ended 31 Au
ust 2024
tln
8ur
The operating surplus is after charging..
2024
2023
Independent examiner's fee
1,886
997
8 Inte
receivable and similar Income
2024
2023
Bank interest
534
406
9 Taxatlon
As a charity the company is exempt from Corporation Tax.
10 T
ibl•
asse
2023
Leagehold Land and Building8
Value at 1 September 2023 and 31 August 2024
560,000
560,000
North Lincolnshire Council owns the freehold of the land on which the school stands. The Authority
granted a 50-year lease to the Trust, rent free. The￿ is an option to purchase the freehold for £1, which
the Charity is considering.
The buildings themselves belong to the Queen Street School Preservation Trust. The precise cost of
bringing the buildings to their present condition was £1.765,180.
Such costs were not capitalised as fixed assets in the Balance Sheet as there was considerable doubt
as to whether the costs incurred represented the true value of the land and buildings. The Trustees
sought an external valuation in 2012 which gave a value of £470,000 which was recognised in the
accounts.
In 2015 the Trust acquired the Citadel next door to the School from The Salvation Army with a loan from
North Lincolnshire Council for £90,000. An agreement was made to repay the purchase monies to the
Council once the building is refurbished and fully operational as a Community Arts Theatre.
ebto
2024
2023
Debtors
Prepayments and accrued income
589
332
589
335

18
UEEN STREET SCHOOL PRESERVATION TRUST
Notes to the financlal statements
Year ended 31 Au
ust 2024
12 Creditors: Amounts fallin
due wlthln on
2024
2023
Trade creditors
Accruals and deferred income
Other creditors
905
3.817
6.100
4,659
1,604
6,100
10.822
12,363
13 A
mul
d funds
Restrlcted
nrestrict
Fun
As at 1 September 2023
29,482
470.000
499,482
Deficit for the year
(18,648)
(18,648)
As at 31 August 2024
10,834
470,000
480,834
Unrestricted funds are those which can be spent on any activity within the charity's overall objectives.
The restricted capital fund are those funds raised for capital spending specifically on the renovation and
restoration of the old school building and outbuildings.
14 Anal 818 of not as$•ts between funds
restricted
Funds
R tricted
Fund8.
Total
Tangible fixed assets
Current assets
Current liabilities
Long temi liabilities
560,000
560,000
21,656
(10,822)
(90,000)
21.656
(10,822)
(90,000)
10,834
470,000
480,834
15 Trustees. remuneration
No remuneration or expenses directly or indirectly out of the funds of the company was paid or payable
for the year to any trustee or to any person or persons known to be connected with any of them.