Morts Astley Herithge Trust Directors, Report For the year ended 30 June 2021 Mort5 Asdey Heritage T$1 Trusiees & Direcior8 Annual Report For the yearended 30 June 2021 Review of the Year The year has of course been dOMi]ed by the effea olthe ongoing Covid pandemic. As with yle 2020 the r¢strictions by the pandemÉc ttas mk trJJing compari8ons with previous years tnwiinglcss. We foresaw in 2020 that 20ni would provid¢ greaierchallenges. attd ¢0 thai etMI committed our I(ll$ to consolidaiion, in order lo ensure the ongoin8 viabiliiy of 1>4mhouse. We are pleased io that our aim has ien achteved aThJ fu]trmK)re the It8r has eijded with MAHT in a stronger position. We must thank the efforts of the Trustee5 and Offite Manager in managin8 the cha]letLge. and steering the Trusi safely thruugh the minefield of ¢onstandy changing le$latiOn. Renthl Income A5 the year began thc fuLure for rnany of our tenants wa5 Uncertn. With ron5iderate management atld mutu] ¢0peraLl0 we, and they. wcathered the storn). We were howeveT faced with the chailtngc of losing the long<5tablls ainic tenancy. The 20 year lease. the first ro be agreed when MAHf wa5 founded, was due for ]Ynewal in Febnjary ?Ol. Perhaps as a consequen¢e of current ckreumsian¢es the present operdtor, WTighiingion. Wigan and Li8h NHS Fourtdaion TL felt unable io renew. The l¢a5e accounted for a substantliil are4 of Damhou5e, and thefffore our ret)ts] revenue. This EK)leniially devaststing loss has Off5 by the si8nis)g ol a long ienn ament with a Pff-Sch(x)l Nujsery. and smaller leases with other new ienants. which È$ Frhaps a rnore stable 51tuation. We operad 4t a high level of (upancY. and tEtLiai ioMe shows a sigjllficani increase. Swjly. ad hoc room-hire. regular Tneeiings and fun¢tions- includÉng weddings- were i011Y ha]ied by the Covid l1Kkdow. Fundraisin8 Evenis 8T Merehandi$ing All events duriÈ)g the Covid-19 pandeJTric hwj ro be cancelled. With the ¢nding of restricuons. we hopeful thai they will soon be resthblished. The Tea Rooms at Damhouse LÈmited- is a wholly-OWtLed subsidiary company thai otateS the ResthurdO¢ and eourtyard Coffee Lnunge on behalf of MAErr. In addition, ii provides vital catering sllpp)rt lor events and fun¢¢ions. It w&$. therefore, a vitlim of the enforced lockdowt) closure. Governmeni supp)rt helEKd io preserye the ISInesS so thai as resuiaions eased it was able 10 It5ume Lfdding, and revenue ¢ontinues 10 build. Despite ih¢ closure it remaiTL5 a very p)pular venue and coniinues Lo fuifjl its prime PUTpose of Serving the I(] COThTnuniry and raising awareness of Damhouse. Additionally, it has gained a io supply pre-planned daily rneals to the n¢w NYery nalley- an exciting develtspm¢tLt. Ouigoings Repair5 and Maintenance eKpenditure on trmjth the building5 and the Wlmmlland has doubled this year. and eontinues 10 be a thIenge. Wtlilsi butlding m2in¢enance 15 10 softx extrnt Ptedictabl& tKcessary rcpairs Can trop up withou¢ waTning and demand immediate action. Similarly, the cost of rnainLiiniAg the WOLwJland in a condition 15 0]OgICallY sound and also safe for public Jrcess can be unpdictable. Although partly tsff5et by char8es the Tellan thi5 remains MAHfs resp)nsibility w)d therefore efforts coniinue to find external sources of supw)rt. Future tkvelopnynr Sadly. there has tret1 lsllle progress OTt the pro proied to renov the top floor and Long Gallery. which was io be the Springboard for a more substantial developmeni plan. The commitnl to irnpleTnent thi5 plan, supported by extrrnal heriiagc fundin8. remains a long-tetm objeciive of the Tnj. Despiie ¢he p]Dblems broughi aknui by Covid 19 MAHT has survived inwi and performed wcll this ycar. Th¢ summer of 2021 promises 10 see an end lo the restrictions that have held us all bxk. and thi5 should provide a more sLable plaiforni 10 plan for the futuff. We are optimistic iherefore that the year ahead will see growth. Th¢r¢ is 8ugfdThtet though that the pandcmic won't yci causc more disruption and we remain ¢auiiou5. Yei again the TnJs*es' rUS lor the year must on Ing pffpared, and ready w adapt to the ever-changing business enViTDnTrt. 2of9
Morts Astl¢y Heritage Trust Directors, Report Continued For the year ended 30 June 2021 Management li is important io resth¢ the tnanagemeni parawers. The Trnstees recognise ¢ertakn pnme ¢hallen8es fa¢in8 the Charity. They are.. Conunuiry of leadership at Tmstee level Mainiaining itlcorne and ¢ash flow Mèiniaining a lisied building ihai was ru¢ored iwenty Ye ago with system$ of similar a8e Complying with regulatory n4UlrentS for the buildin8 and its operaiion The reswnsibiliry of mgmging the wwJlaE¥J that surrouT¥Js Damhouse. The Trusiees believe th are minimised by.. the implemenliOn of the *tion platL- the regular consideration of Trustee retention and renewal: the app>intment of Tn]siees attd ASlate Truste¢s w¥th apptDpriaLe and self1¢ skills: regular Tru51ee 5ub-meeiin8S COnteNtrating on building. grounds. developryxni and filnCe issu¢5: moniLoring of staff.. increased prornoiion of revenue generating fa¢iliues- developlnI of pyhcies; bawIng on8OLn8 ]naintenan¢¢ ¢KFtndiDJrc with r&ention of funds for longer tertn projects. Prindpal &ctiTrities The principa] activity of the eompanyconunued ts) Ft that of of house & gTound5. Directors The di]ttior who the eompany througboui tht yrar was Is follows". Mrs JM Hatton Mrs E Hurst Mr KJ Hurst Mr BM Wilson Mrs M Hughes Mr5 J Raven-Maru"n Mr P Hwnpson This report h&% prepared in &corda]r¢ with the srttial provisions lating ¢0 $all companies within Part 15 of the Companie5 Act 2(XXTr. Signed on Ithalf of the tMKrd of direciors Mrs M Hughes DLTeclor Dale.. 25 August 2021 3of9
Morts Asiley Heritage Trust Independent Accountants. Report For the year ended 30 June 2021 As des¢ribed on the balance sheei you are r¢swnsible for the prepar10 of the flnancial statements forthe year ended 30 June 2021 and you consider that the company is exempt from an audii under the Cotnpanies Aci ryIKX5. In accordantt with your in5thJCtion& we have compiled these unaudi fittan¢iaJ sthtemenLs in order to as5151 you to fulfil your STatutory resw)nsibiliti¢s. from the a¢¢ouniing records and knfoThtl1Oft and explan)tions supplied io us. Bridgetnan Accounianis IAd 23 Bridgeman Terra¢£ Wigan WNI ISX Date.. 21 July 2021 4of9
Morts Astley Heritage Trust Trading and Profit and tDss Accouni For the year ended 30 Jun¢ 2021 2021 2020 ThrTh)ver Renial income Voluntary income Fundraisin8 events and merchaTKlise sales 138,197 l.f113 118,584 5.296 5,559 129839 crn Profit 139*( 129A39 AdD]inistTative Expettse5 Wages Pension Contribuiions Audit & payroll A¢¢tsuntancy, legal and prole5510r ftts Rates HeaL lighi & water Bankchar8es & Ent Deptrciaiion Charge.. Freeh(pld Propenies Depreciaiion Charge.. Fixtures & FJt¢ings General Insurance Repwrs & maini¢]wi¢¢ Securily Woodland development Posiage. SlI0ery & ielephone Cleaning and relaied cotlsumables Sundry Expenses Merchandise & eveni costs 43.339 34227 137 417 4.935 3.767 30.280 676 18.862 4.570 23.286 18,?75 3.574 1.986 38,369 768 18,862 1,271 21.244 10,082 2.105 6,999 3.899 4.322 241 1,892 13.451 4.232 5.494 53 75 1173.7731 11SOA58) Other Operating Income Gov¢mmeni Granis 32.703 32.703 Lipss for the FinaDciai Year 112701 3.981 9of9 This page dixs noi forrn part of the sthwtory finan¢iai $tatements