## Morts Astley Heritage Trust Trustees & Directors Annual Report For the year ended 30 June 2023
## Review of the Year
The trading year has been challenging. Having slowly recovered from the unique circumstances of the Covid pandemic MAHT, in common with most other businesses, had to deal with the unforeseen economic effects of national and international instability. Rising inflation and ever increasing operating costs – particularly for energy and food – have added to the pressures we face.
MAHT is a charitable trust committed to preserving a heritage asset and using it for the benefit of the local community. This asset includes both property and ancient woodland, which brings with it unavoidable and unpredictable expenditure commitments above and beyond normal business operation.
Our focus last year was on consolidation. Economies were made and difficult decisions taken, particularly with regard to capital expenditure. Even so, the figures for this year show a trading loss, with accessible capital reserves being dangerously low.
A corrective strategy for year 23-24 has been formulated.
## Rental Income
Our prime source of income is from the contracted leasing of our office space. In recent years we have run at a high occupancy. However our tenants and prospective tenants are largely SME’s, and inevitably are also affected by the current uncertain trading conditions.
We have revised the per square foot rental rate and this is being applied at lease renewal and for new leases. We are looking to increase capacity and have released one of the function rooms for permanent occupancy.
Our largest tenant, the Pre-School nursery that took over the large area vacated by the NHS Clinic, continues to thrive and has committed to taking on extra space.
## Functions and Room Hire
Ad hoc room-hire, regular meetings and classes, guided tours, and functions were totally halted by the Covid lockdown and never fully recovered. This is an important aspect of operation which supports our obligation to the local community, and we will continue to offer facilities for community activities at an attractive rate. However, given the high cost of the annual licence and limited space we feel it is no longer beneficial to offer room hire for weddings.
## Fundraising Events and Merchandising
Events continue to make a significant contribution to Trust income. They are well supported and appreciated by the local community. We will seek to expand the scope and frequency of these events, which rely on the goodwill of Trustees, staff and volunteers who give their time and energy to make them possible.
## The Tea Rooms at Damhouse Limited -
is a wholly-owned subsidiary company that operates the Tea Rooms Restaurant. In addition it provides vital catering support for events and functions. It is a very popular venue which fulfils its prime purpose of serving the local community and raising awareness of Damhouse.
Turnover this year is slightly down and again it shows an operating loss. The dramatic increases in food costs this year is a major factor and there is an ongoing process of reviewing menu prices, which are generally considered to be excellent value.
## Building and Woodland Outgoings
Repairs and Maintenance expenditure on both the buildings and the woodland continues to be a concern. Whilst building maintenance is to some extent predictable, necessary repairs can crop up without warning and demand immediate action. Similarly, the cost of maintaining the woodland in a condition that is ecologically sound and also safe for public access is variable and unpredictable.
Despite due diligence, insurance charges have again risen and are a large part of the cost of running the building. Although partially offset by Service Charges to the Tenants, these charges remain MAHT’s responsibility. The Trustees are actively working to reduce the cost to the Trust
## Going forward
The year has been difficult, and next year will be even more so. Thoughts of development must take a back seat, and our main focus will be on securing the future of MAHT and Damhouse. We are planning to better involve the local community by launching a Crowdfunding site which will more easily allow donations whist raising the profile and awareness of the Trust’s work.
A vital objective last year was to reduce the burden on the current Trustees, associates and volunteers by recruiting additional committed people who will continue the selfless work and safeguard the operation of MAHT. Good progress has been made and we will shortly be introducing new Trustees and Trustee Advisers/Associates
In an uncertain and ever-changing business environment we feel better equipped to deal with the new challenges that lie ahead. Growth is not unachievable, and we are optimistic that the year ahead will see MAHT in a more stable financial position.
## Management Challenges
The Trustees recognise certain prime challenges facing the Charity. They are:
- Continuity of leadership at Trustee level
- Maintaining income and cash flow
- Maintaining a listed building that was restored over twenty years ago with systems of similar age
- Complying with regulatory requirements for the building and its operation
- The responsibility of managing the woodland that surrounds Damhouse.
The Trustees are working hard to mitigate these by: the implementation of the action plan; the regular consideration of Trustee retention and renewal; the appointment of Trustees and Advisers with appropriate and specific skills; regular Trustee sub-meetings concentrating on building, grounds, development and finance issues; monitoring of staff; increased promotion of revenue generating facilities; development of policies; balancing ongoing maintenance expenditure with retention of funds for longer term projects.
## **Morts Astley Heritage Trust**
**Charity No. 1056209**
## **Trustees' Report and Unaudited Accounts**
**30 June 2023**
**Company Number: 03208172**
**Morts Astley Heritage Trust Contents**
||Pages|
|---|---|
|Trustees' Annual Report|3 to 4|
|Independent Examiner's Report|5 to 7|
|Statement of Financial Activities|8|
|Balance Sheet|9|
|Statement of Cash flows|18|
|Notes to the Accounts|10 to 17|
|Detailed Statement of Financial Activities|19 to 20|
Page 1
**Morts Astley Heritage Trust Trustees Annual Report**
## Morts Astley Heritage Trust
The trustees present their report with the unaudited financial statements of the charity for the year ended 30 June 2023.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Charity No. 1056209 Company No. 03208172**
## **Trustees**
The following trustees served during the year:
J.M. Hatton M. Hughes E. Hurst K.G. Hurst B.M. Wilson
## **Accountants**
Bridgeman Accountants 23 Bridgeman Terrace Wigan WN1 1SX
## **OBJECTIVES AND ACTIVITIES**
The purpose of the charity as set out in its governing document to preserve for the public benefit historical architectural and constructional heritage in the form of buildings of particular beauty or historical, architectural or constructional interest .
The main activities undertaken in relation to those purposes provide buildings, facilities & open spaces to the general public.
## **Statement of trustees' responsibilities in relation to the financial statements**
The charity trustees are responsible for preparing a trustees' annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
Signed on behalf of the charity's trustees
J.M. Hatton
Page 2
**Morts Astley Heritage Trust Trustees Annual Report**
Trustee
10 August 2023
Page 3
**Morts Astley Heritage Trust Independent Examiners Report**
## **Independent Examiner's Report to the trustees of Morts Astley Heritage Trust**
I report to the trustees on my examination of the financial statements of Morts Astley Heritage Trust for the year ended 30 June 2023 which comprise the Statement of Financial Activities, the Balance Sheet, the Statement of Cash Flows and the related notes.
## **Responsibilities and basis of report**
As the charity's trustees you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011('the Act'). The trustees consider that an audit is not required for this year under the Charities Act 2011, s.144(2) (the 2011 Act) and that an independent examination is needed.
I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in, any material respect:
- the accounting records were not kept in respect of the charity as required by section 130 of the Act; or
- the financial statements do not accord with those records; or
- the financial statements do not comply with the applicable requirements concerning the form and content of the financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial statements give a 'true and fair' view which is not a matter considered as part of an independent examination.
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 financial statements to be reached.
David Green MAAT Bridgeman Accountants 23 Bridgeman Terrace Wigan
WN1 1SX 10 August 2023
Page 4
**Morts Astley Heritage Trust Statement of Financial Activities**
## **for the year ended 30 June 2023**
|**Notes**
**Income and endowments**
**from:**
Donations and legacies
3
Charitable activities
4
Other trading activities
5
Other
6
**Total**
**Expenditure on:**
Other
7
**Total**
Net gains on investments
**Net expenditure**
8
Transfers between funds
**Net expenditure before other**
**gains/(losses)**
**Other gains and losses**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**||**Unrestricted**
**funds**|**Restricted**
**funds**|**Total funds**|**Total funds**|
|---|---|---|---|---|---|
|||**2023**|**2023**|**2023**|**2022**|
|||**£**|**£**|**£**|**£**|
|||||||
|||5,543|-|5,543|5,180|
|||9,249|-|9,249|9,020|
|||147,548|-|147,548|135,652|
|||158|-|158|6,000|
|||162,498|-|162,498|155,852|
|||||||
|||207,994|-|207,994|197,099|
|||207,994|-|207,994|197,099|
|||-|-|-|-|
|||(45,496)|-|(45,496)|(41,247)|
|||-|-|-|-|
|||(45,496)|-|(45,496)|(41,247)|
|||||||
|||(45,496)|-|(45,496)|(41,247)|
|||||||
|||52,133|1,654,753|1,706,886|1,748,133|
|||6,637|1,654,753|1,661,390|1,706,886|
|||||||
|||||||
|||||||
Page 5
**Morts Astley Heritage Trust Balance Sheet**
## **at 30 June 2023**
|**Charity No. 1056209**
**Fixed assets**
Tangible assets
10
**Current assets**
Debtors
11
Cash at bank and in hand
**Creditors:**Amount falling due within one year
12
**Net current assets**
**Total assets less current liabilities**
**Net assets excluding pension asset or liability**
**Total net assets**
**The funds of the charity**
**Restricted funds**
13
Restricted income funds
**Unrestricted funds**
13
General funds
Designated funds
**Reserves**
13
**Total funds**|**2023**
**£**
1,648,790
1,648,790
41,364
28,707
70,071
(57,471)
12,600
1,661,390
1,661,390
1,661,390
1,654,753
1,654,753
(63,866)
70,503
6,637
1,661,390|**2022**
**£**
1,672,713|
|---|---|---|
|||1,672,713
60,572
36,857|
|||97,429
(63,256)|
|||34,173
1,706,886|
|||1,706,886|
|||1,706,886|
|||1,654,753|
|||1,654,753
(18,370)
70,503|
|||52,133|
|||1,706,886|
For the financial year in question the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies. No members have required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act. The directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and for the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the trustees on 10 August 2023
And signed on their behalf by:
M. Hughes Trustee 10 August 2023
Page 6
**Morts Astley Heritage Trust Notes to the Accounts**
## **for the year ended 30 June 2023**
- 1 **Accounting policies**
## **Basis of preparation**
The financial statements have been prepared in accordance with Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic if Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
## **Change in basis of accounting or to previous accounts**
There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.
## **Fund accounting**
- Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity.
- Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values.
- Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal.
## **Income**
- Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability.
- Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA.
- Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income.
- Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material.
Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets
Page 7
**Morts Astley Heritage Trust Notes to the Accounts**
## **Expenditure**
- Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which expenditure cannot be fully recovered, and is reported as part of the expenditure to which it relates.
- Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs.
- Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid.
- Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs.
- Other expenditure These are support costs not allocated to a particular activity.
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Tangible fixed assets and depreciation**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:
Freehold property 1% straight line Fixtures & fittings 20% straight line
## **Freehold investment property**
Investment properties are measured initially at cost and subsequently at fair value at each balance sheet date and are not depreciated. All gains or losses are taken to the Statement of Financial Activities as they arise.
## **Stocks**
Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market.
## **Trade and other debtors**
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
## **Cash and cash equivalents**
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.
Page 8
**Morts Astley Heritage Trust Notes to the Accounts**
## **Trade and other creditors**
Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
## **Research and development**
Expenditure on research and development is written off in the year in which it is incurred.
## **Foreign currencies**
Monetary assets and liabilities denominated in currencies other than the functional currency of the charity are translated at the rates of exchange prevailing at the end of the reporting period. Transactions in currencies other than the functional currency of the charity are recorded at the rate of exchange on the date that the transaction occurred.
All exchange differences are are taken into account in arriving at net income/expenditure.
## **Leased assets**
Where the charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease.
Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified as operating leases.
Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs. Assets held under finance leases are depreciated in the same way as owned assets.
Operating lease payments are recognised as an expense on a straight-line basis over the lease term. In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis.
## **Pension costs**
The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the charity pays fixed contributions into a separate entity. Once the contributions have been paid the charity has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the charity in independently administered funds.
## **Receipt of donated goods, facilities and services**
All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.
Page 9
**Morts Astley Heritage Trust Notes to the Accounts**
2 **Statement of Financial Activities - prior year**
|2
**Statement of Financial Activities - prior year**||||
|---|---|---|---|
|**Income and endowments from:**
Donations and legacies
Charitable activities
Other trading activities
Other
**Total**
**Expenditure on:**
Other
**Total**
**Net income**
**Net income before other**
**gains/(losses)**
**Other gains and losses:**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**
3
**Income from donations and legacies**
donations received - general
revenue
4
**Income from charitable activities**|**Unrestricted**
**funds**
**2022**
**£**
5,180
9,020
135,652
6,000
155,852
178,191
178,191
(22,339)
(22,339)
(22,339)
74,472
52,133
**Unrestricted**
**£**
5,543
5,543
**Unrestricted**
**£**
9,249
9,249|**Restricted**
**funds**
**2022**
**£**
-
-
-
-
-
18,908
18,908
(18,908)
(18,908)
(18,908)
1,673,661
1,654,753
**Total**
**2023**
**£**
5,543
5,543
**Total**
**2023**
**£**
9,249
9,249|**Total funds**
**2022**
**£**
5,180
9,020
135,652
6,000|
||||155,852
197,099|
||||197,099|
||||(41,247)|
||||(41,247)|
||||(41,247)
1,748,133|
||||1,706,886|
||||**Total**
**2022**
**£**
5,180|
||||5,180|
||||**Total**
**2022**
**£**
9,020|
||||9,020|
Page 10
**Morts Astley Heritage Trust Notes to the Accounts**
## 5 **Income from other trading activities**
|rent & services income
6
**Other income**
governemnt grants
bank interest
7
**Other expenditure**
Woodland development
merchandise & event costs
Employee costs
Premises costs
Amortisation, depreciation,
impairment, profit/loss on
disposal of fixed assets
General administrative costs
Legal and professional costs
8
**Net expenditure before transfers**
This is stated after charging:
Depreciation of owned fixed assets
9
**Staff costs**
Salaries and wages|**Unrestricted**
**£**
147,548
147,548
**Unrestricted**
**£**
-
158
158|**Total**
**2023**
**£**
147,548
147,548
**Total**
**2023**
**£**
-
158
158|**Total**
**2022**
**£**
135,652|
|---|---|---|---|
||||135,652|
||||**Total**
**2022**
**£**
6,000
-|
||||6,000|
|||||
||**Unrestricted**
**£**
3,912
373
1,732
48,953
75,361
24,116
49,184
4,363
207,994
**2023**
**£**
24,116
**2023**
48,953
48,953|**Total**
**2023**
**£**
3,912
373
1,732
48,953
75,361
24,116
49,184
4,363
207,994|**Total**
**2022**
**£**
7,092
1,382
1,880
49,077
58,825
24,077
50,344
4,422|
||||197,099|
||||**2022**
**£**
24,077
**2022**
49,077|
||||49,077|
No employee received emoluments in excess of £60,000.
Page 11
**Morts Astley Heritage Trust Notes to the Accounts**
## 10 **Tangible fixed assets**
|**Cost or revaluation**
At 1 July 2022
Additions
At 30 June 2023
**Depreciation and**
**impairment**
At 1 July 2022
Depreciation charge for the
year
At 30 June 2023
**Net book values**
At 30 June 2023
At 30 June 2022
11 **Debtors**
Trade debtors
Other debtors
12 **Creditors:**
amounts falling due within one year
Trade creditors
Other taxes and social security
Other creditors
Accruals|**Land and**
**buildings**
**£**
2,075,750
-
2,075,750
415,010
18,908
433,918
1,641,832
1,660,740
**2023**
**£**
9,927
31,437
41,364
**2023**
**£**
19,074
3,941
27,596|**Fixtures &**
**fittings**
**£**
73,437
193
73,630
61,464
5,208
66,672
6,958
11,973|**Total**
**£**
2,149,187
193|
|---|---|---|---|
||||2,149,380|
||||476,474
24,116|
||||500,590|
||||1,648,790|
||||1,672,713|
||||**2022**
**£**
23,982
36,590|
||||60,572|
||||**2022**
**£**
26,679
2,171
27,596|
||6,860||6,810|
||57,471||63,256|
Page 12
**Morts Astley Heritage Trust Notes to the Accounts**
## 13 **Movement in funds**
|**At 1 July**
**2022**
**Restricted funds:**
**Restricted income funds:**
Top floor development
2,338
Capital grants & donations
expended
1,652,415
_Total_
1,654,753
**Unrestricted funds:**
**General funds**
(18,370)
**Designated funds:**
General fund
70,503
_Total_
70,503
**Total funds**
1,706,886
Purposes and restrictions in relation to the funds:|**Incoming**
**resources**
**(including**
**other**
**gains/losses**
**)**
**£**
-
-
-
162,498
-
-
162,498|**Resources**
**expended**
**£**
-
-
-
(207,994)
-
-
(207,994)|**At 30 June**
**2023**
**£**
2,338
1,652,415|
|---|---|---|---|
||||1,654,753|
||||(63,866)
70,503|
||||70,503|
|||||
||||1,661,390|
|||||
|Restricted funds:||||
|Top floor development||||
|Capital grants & donations
expended||||
|Designated funds:||||
|General fund||||
## 14 **Analysis of net assets between funds**
|Fixed assets
Net current assets|**Unrestricted**
**funds**
**£**
1,648,790
12,600
1,661,390|**Total**
**£**
1,648,790
12,600|
|---|---|---|
|||1,661,390|
Page 13
**Morts Astley Heritage Trust Notes to the Accounts**
## 15 **Reconciliation of net debt**
|Cash and cash equivalents
Net debt|**At 1 July**
**2022**
**£**|**Cash flows**
**£**|**At 30 June**
**2023**
**£**|
|---|---|---|---|
||36,857|(8,150)|28,707|
||36,857
36,857|(8,150)
(8,150)|28,707|
||||28,707|
Page 14
**Morts Astley Heritage Trust Statement of Cash flows for the year ended 30 June 2023**
|**Cash flows from operating activities**
**Net expenditure per Statement of Financial Activities**
**Adjustments for:**
Depreciation of property, plant and equipment
Dividends, interest and rents from investments
Decrease/(Increase) in trade and other receivables
(Decrease)/Increase in trade and other payables
**Net cash used in operating activities**
**Cash flows from investing activities**
Payments for property, plant and equipment
Dividends, interest and rents from investments
**Net cash used in investing activities**
**Net cash from financing activities**
**Net decrease in cash and cash equivalents**
**Cash and cash equivalents at the beginning of the year**
**Cash and cash equivalents at the end of the year**|**2023**
**£**
(45,496)
24,116
(158)
19,208
(5,785)
(8,115)
(193)
158
(35)
-
(8,150)
36,857
28,707|**2022**
**£**
(41,247)
24,077
(6,000)
(5,898)
16,945|
|---|---|---|
|||(12,123)
(7,568)
6,000|
|||(1,568)|
||||
|||-|
||||
|||(13,691)|
|||50,548|
|||36,857|
||||
|**Components of cash and cash equivalents**|||
|Cash and bank balances|28,707|36,857|
||||
||28,707|36,857|
Page 15
**Morts Astley Heritage Trust Detailed Statement of Financial Activities**
## **for the year ended 30 June 2023**
|**Income and endowments from:**
Donations and legacies
donations received - general
revenue
Charitable activities
Other trading activities
rent & services income
Other
governemnt grants
bank interest
**Total income and endowments**
**Expenditure on:**
Other expenditure
Woodland development
merchandise & event costs
Employee costs
Salaries/wages
Premises costs
Rates
Light, heat and power
Premises cleaning
Other premises costs
General administrative costs,
including depreciation and
amortisation
Depreciation of land and
buildings
Depreciation of Fixtures &
fittings
Depreciation of
Bank charges|**Unrestricte**
**d funds**
**2023**
**£**
5,543
5,543
9,249
9,249
147,548
147,548
-
158
158
162,498
3,912
373
1,732
6,017
48,953
48,953
11,708
53,531
6,633
3,489
75,361
18,908
5,208
-
1,003|**2023**
**£**
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-|**Total funds**
**2023**
**£**
5,543
5,543
9,249
9,249
147,548
147,548
-
158
158
162,498
3,912
373
1,732
6,017
48,953
48,953
11,708
53,531
6,633
3,489
75,361
18,908
5,208
-
1,003|**Total funds**
**2022**
**£**
5,180|
|---|---|---|---|---|
|||||5,180|
|||||9,020|
|||||9,020|
|||||135,652|
|||||135,652|
|||||6,000
-|
|||||6,000|
|||||155,852
7,092
1,382
1,880|
|||||10,354|
|||||49,077|
|||||49,077|
|||||9,287
41,952
5,196
2,390|
|||||58,825|
|||||18,908
-
5,169
1,069|
Page 16
## **Morts Astley Heritage Trust Detailed Statement of Financial Activities**
|Equipment repairs and
maintenance
General insurances
Postage and couriers
Stationery and printing
Subscriptions
Sundry expenses
Telephone, fax and broadband
Legal and professional costs
Accountancy and bookkeeping
Other legal and professional
costs
**Total of expenditure of other costs**
**Total expenditure**
Net gains on investments
**Net expenditure**
**Net expenditure before other**
**gains/(losses)**
Other Gains
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|10,694
31,622
34
1,113
518
131
4,069
73,300
2,554
1,809
4,363
207,994
207,994
-
(45,496)
(45,496)
-
(45,496)
52,133
6,637|-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
1,654,753
1,654,753|10,694
31,622
34
1,113
518
131
4,069
73,300
2,554
1,809
4,363
207,994
207,994
-
(45,496)
(45,496)
-
(45,496)
1,706,886
1,661,390|14,878
28,102
15
970
488
887
3,935|
|---|---|---|---|---|
|||||74,421|
|||||2,552
1,870|
|||||4,422|
||||||
|||||197,099|
|||||197,099
-|
|||||(41,247)|
|||||(41,247)
-|
|||||(41,247)|
|||||1,748,133|
|||||1,706,886|
Page 17
## **Morts Astley Heritage Trust**
**Charity No. 1056209**
## **Trustees' Report and Unaudited Accounts**
**30 June 2023**
**Company Number: 03208172**
**Morts Astley Heritage Trust Contents**
||Pages|
|---|---|
|Trustees' Annual Report|3 to 4|
|Independent Examiner's Report|5 to 7|
|Statement of Financial Activities|8|
|Balance Sheet|9|
|Statement of Cash flows|18|
|Notes to the Accounts|10 to 17|
|Detailed Statement of Financial Activities|19 to 20|
Page 1
**Morts Astley Heritage Trust Trustees Annual Report**
## Morts Astley Heritage Trust
The trustees present their report with the unaudited financial statements of the charity for the year ended 30 June 2023.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Charity No. 1056209 Company No. 03208172**
## **Trustees**
The following trustees served during the year:
J.M. Hatton M. Hughes E. Hurst K.G. Hurst B.M. Wilson
## **Accountants**
Bridgeman Accountants 23 Bridgeman Terrace Wigan WN1 1SX
## **OBJECTIVES AND ACTIVITIES**
The purpose of the charity as set out in its governing document to preserve for the public benefit historical architectural and constructional heritage in the form of buildings of particular beauty or historical, architectural or constructional interest .
The main activities undertaken in relation to those purposes provide buildings, facilities & open spaces to the general public.
## **Statement of trustees' responsibilities in relation to the financial statements**
The charity trustees are responsible for preparing a trustees' annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
Signed on behalf of the charity's trustees
J.M. Hatton
Page 2
**Morts Astley Heritage Trust Trustees Annual Report**
Trustee
10 August 2023
Page 3
**Morts Astley Heritage Trust Independent Examiners Report**
## **Independent Examiner's Report to the trustees of Morts Astley Heritage Trust**
I report to the trustees on my examination of the financial statements of Morts Astley Heritage Trust for the year ended 30 June 2023 which comprise the Statement of Financial Activities, the Balance Sheet, the Statement of Cash Flows and the related notes.
## **Responsibilities and basis of report**
As the charity's trustees you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011('the Act'). The trustees consider that an audit is not required for this year under the Charities Act 2011, s.144(2) (the 2011 Act) and that an independent examination is needed.
I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in, any material respect:
- the accounting records were not kept in respect of the charity as required by section 130 of the Act; or
- the financial statements do not accord with those records; or
- the financial statements do not comply with the applicable requirements concerning the form and content of the financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial statements give a 'true and fair' view which is not a matter considered as part of an independent examination.
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 financial statements to be reached.
David Green MAAT Bridgeman Accountants 23 Bridgeman Terrace Wigan
WN1 1SX 10 August 2023
Page 4
**Morts Astley Heritage Trust Statement of Financial Activities**
## **for the year ended 30 June 2023**
|**Notes**
**Income and endowments**
**from:**
Donations and legacies
3
Charitable activities
4
Other trading activities
5
Other
6
**Total**
**Expenditure on:**
Other
7
**Total**
Net gains on investments
**Net expenditure**
8
Transfers between funds
**Net expenditure before other**
**gains/(losses)**
**Other gains and losses**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**||**Unrestricted**
**funds**|**Restricted**
**funds**|**Total funds**|**Total funds**|
|---|---|---|---|---|---|
|||**2023**|**2023**|**2023**|**2022**|
|||**£**|**£**|**£**|**£**|
|||||||
|||5,543|-|5,543|5,180|
|||9,249|-|9,249|9,020|
|||147,548|-|147,548|135,652|
|||158|-|158|6,000|
|||162,498|-|162,498|155,852|
|||||||
|||207,994|-|207,994|197,099|
|||207,994|-|207,994|197,099|
|||-|-|-|-|
|||(45,496)|-|(45,496)|(41,247)|
|||-|-|-|-|
|||(45,496)|-|(45,496)|(41,247)|
|||||||
|||(45,496)|-|(45,496)|(41,247)|
|||||||
|||52,133|1,654,753|1,706,886|1,748,133|
|||6,637|1,654,753|1,661,390|1,706,886|
|||||||
|||||||
|||||||
Page 5
**Morts Astley Heritage Trust Balance Sheet**
## **at 30 June 2023**
|**Charity No. 1056209**
**Fixed assets**
Tangible assets
10
**Current assets**
Debtors
11
Cash at bank and in hand
**Creditors:**Amount falling due within one year
12
**Net current assets**
**Total assets less current liabilities**
**Net assets excluding pension asset or liability**
**Total net assets**
**The funds of the charity**
**Restricted funds**
13
Restricted income funds
**Unrestricted funds**
13
General funds
Designated funds
**Reserves**
13
**Total funds**|**2023**
**£**
1,648,790
1,648,790
41,364
28,707
70,071
(57,471)
12,600
1,661,390
1,661,390
1,661,390
1,654,753
1,654,753
(63,866)
70,503
6,637
1,661,390|**2022**
**£**
1,672,713|
|---|---|---|
|||1,672,713
60,572
36,857|
|||97,429
(63,256)|
|||34,173
1,706,886|
|||1,706,886|
|||1,706,886|
|||1,654,753|
|||1,654,753
(18,370)
70,503|
|||52,133|
|||1,706,886|
For the financial year in question the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies. No members have required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act. The directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and for the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the trustees on 10 August 2023
And signed on their behalf by:
M. Hughes Trustee 10 August 2023
Page 6
**Morts Astley Heritage Trust Notes to the Accounts**
## **for the year ended 30 June 2023**
- 1 **Accounting policies**
## **Basis of preparation**
The financial statements have been prepared in accordance with Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic if Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
## **Change in basis of accounting or to previous accounts**
There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.
## **Fund accounting**
- Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity.
- Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values.
- Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal.
## **Income**
- Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability.
- Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA.
- Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income.
- Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material.
Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets
Page 7
**Morts Astley Heritage Trust Notes to the Accounts**
## **Expenditure**
- Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which expenditure cannot be fully recovered, and is reported as part of the expenditure to which it relates.
- Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs.
- Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid.
- Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs.
- Other expenditure These are support costs not allocated to a particular activity.
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Tangible fixed assets and depreciation**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:
Freehold property 1% straight line Fixtures & fittings 20% straight line
## **Freehold investment property**
Investment properties are measured initially at cost and subsequently at fair value at each balance sheet date and are not depreciated. All gains or losses are taken to the Statement of Financial Activities as they arise.
## **Stocks**
Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market.
## **Trade and other debtors**
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
## **Cash and cash equivalents**
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.
Page 8
**Morts Astley Heritage Trust Notes to the Accounts**
## **Trade and other creditors**
Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
## **Research and development**
Expenditure on research and development is written off in the year in which it is incurred.
## **Foreign currencies**
Monetary assets and liabilities denominated in currencies other than the functional currency of the charity are translated at the rates of exchange prevailing at the end of the reporting period. Transactions in currencies other than the functional currency of the charity are recorded at the rate of exchange on the date that the transaction occurred.
All exchange differences are are taken into account in arriving at net income/expenditure.
## **Leased assets**
Where the charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease.
Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified as operating leases.
Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs. Assets held under finance leases are depreciated in the same way as owned assets.
Operating lease payments are recognised as an expense on a straight-line basis over the lease term. In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis.
## **Pension costs**
The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the charity pays fixed contributions into a separate entity. Once the contributions have been paid the charity has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the charity in independently administered funds.
## **Receipt of donated goods, facilities and services**
All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.
Page 9
**Morts Astley Heritage Trust Notes to the Accounts**
2 **Statement of Financial Activities - prior year**
|2
**Statement of Financial Activities - prior year**||||
|---|---|---|---|
|**Income and endowments from:**
Donations and legacies
Charitable activities
Other trading activities
Other
**Total**
**Expenditure on:**
Other
**Total**
**Net income**
**Net income before other**
**gains/(losses)**
**Other gains and losses:**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**
3
**Income from donations and legacies**
donations received - general
revenue
4
**Income from charitable activities**|**Unrestricted**
**funds**
**2022**
**£**
5,180
9,020
135,652
6,000
155,852
178,191
178,191
(22,339)
(22,339)
(22,339)
74,472
52,133
**Unrestricted**
**£**
5,543
5,543
**Unrestricted**
**£**
9,249
9,249|**Restricted**
**funds**
**2022**
**£**
-
-
-
-
-
18,908
18,908
(18,908)
(18,908)
(18,908)
1,673,661
1,654,753
**Total**
**2023**
**£**
5,543
5,543
**Total**
**2023**
**£**
9,249
9,249|**Total funds**
**2022**
**£**
5,180
9,020
135,652
6,000|
||||155,852
197,099|
||||197,099|
||||(41,247)|
||||(41,247)|
||||(41,247)
1,748,133|
||||1,706,886|
||||**Total**
**2022**
**£**
5,180|
||||5,180|
||||**Total**
**2022**
**£**
9,020|
||||9,020|
Page 10
**Morts Astley Heritage Trust Notes to the Accounts**
## 5 **Income from other trading activities**
|rent & services income
6
**Other income**
governemnt grants
bank interest
7
**Other expenditure**
Woodland development
merchandise & event costs
Employee costs
Premises costs
Amortisation, depreciation,
impairment, profit/loss on
disposal of fixed assets
General administrative costs
Legal and professional costs
8
**Net expenditure before transfers**
This is stated after charging:
Depreciation of owned fixed assets
9
**Staff costs**
Salaries and wages|**Unrestricted**
**£**
147,548
147,548
**Unrestricted**
**£**
-
158
158|**Total**
**2023**
**£**
147,548
147,548
**Total**
**2023**
**£**
-
158
158|**Total**
**2022**
**£**
135,652|
|---|---|---|---|
||||135,652|
||||**Total**
**2022**
**£**
6,000
-|
||||6,000|
|||||
||**Unrestricted**
**£**
3,912
373
1,732
48,953
75,361
24,116
49,184
4,363
207,994
**2023**
**£**
24,116
**2023**
48,953
48,953|**Total**
**2023**
**£**
3,912
373
1,732
48,953
75,361
24,116
49,184
4,363
207,994|**Total**
**2022**
**£**
7,092
1,382
1,880
49,077
58,825
24,077
50,344
4,422|
||||197,099|
||||**2022**
**£**
24,077
**2022**
49,077|
||||49,077|
No employee received emoluments in excess of £60,000.
Page 11
**Morts Astley Heritage Trust Notes to the Accounts**
## 10 **Tangible fixed assets**
|**Cost or revaluation**
At 1 July 2022
Additions
At 30 June 2023
**Depreciation and**
**impairment**
At 1 July 2022
Depreciation charge for the
year
At 30 June 2023
**Net book values**
At 30 June 2023
At 30 June 2022
11 **Debtors**
Trade debtors
Other debtors
12 **Creditors:**
amounts falling due within one year
Trade creditors
Other taxes and social security
Other creditors
Accruals|**Land and**
**buildings**
**£**
2,075,750
-
2,075,750
415,010
18,908
433,918
1,641,832
1,660,740
**2023**
**£**
9,927
31,437
41,364
**2023**
**£**
19,074
3,941
27,596|**Fixtures &**
**fittings**
**£**
73,437
193
73,630
61,464
5,208
66,672
6,958
11,973|**Total**
**£**
2,149,187
193|
|---|---|---|---|
||||2,149,380|
||||476,474
24,116|
||||500,590|
||||1,648,790|
||||1,672,713|
||||**2022**
**£**
23,982
36,590|
||||60,572|
||||**2022**
**£**
26,679
2,171
27,596|
||6,860||6,810|
||57,471||63,256|
Page 12
**Morts Astley Heritage Trust Notes to the Accounts**
## 13 **Movement in funds**
|**At 1 July**
**2022**
**Restricted funds:**
**Restricted income funds:**
Top floor development
2,338
Capital grants & donations
expended
1,652,415
_Total_
1,654,753
**Unrestricted funds:**
**General funds**
(18,370)
**Designated funds:**
General fund
70,503
_Total_
70,503
**Total funds**
1,706,886
Purposes and restrictions in relation to the funds:|**Incoming**
**resources**
**(including**
**other**
**gains/losses**
**)**
**£**
-
-
-
162,498
-
-
162,498|**Resources**
**expended**
**£**
-
-
-
(207,994)
-
-
(207,994)|**At 30 June**
**2023**
**£**
2,338
1,652,415|
|---|---|---|---|
||||1,654,753|
||||(63,866)
70,503|
||||70,503|
|||||
||||1,661,390|
|||||
|Restricted funds:||||
|Top floor development||||
|Capital grants & donations
expended||||
|Designated funds:||||
|General fund||||
## 14 **Analysis of net assets between funds**
|Fixed assets
Net current assets|**Unrestricted**
**funds**
**£**
1,648,790
12,600
1,661,390|**Total**
**£**
1,648,790
12,600|
|---|---|---|
|||1,661,390|
Page 13
**Morts Astley Heritage Trust Notes to the Accounts**
## 15 **Reconciliation of net debt**
|Cash and cash equivalents
Net debt|**At 1 July**
**2022**
**£**|**Cash flows**
**£**|**At 30 June**
**2023**
**£**|
|---|---|---|---|
||36,857|(8,150)|28,707|
||36,857
36,857|(8,150)
(8,150)|28,707|
||||28,707|
Page 14
**Morts Astley Heritage Trust Statement of Cash flows for the year ended 30 June 2023**
|**Cash flows from operating activities**
**Net expenditure per Statement of Financial Activities**
**Adjustments for:**
Depreciation of property, plant and equipment
Dividends, interest and rents from investments
Decrease/(Increase) in trade and other receivables
(Decrease)/Increase in trade and other payables
**Net cash used in operating activities**
**Cash flows from investing activities**
Payments for property, plant and equipment
Dividends, interest and rents from investments
**Net cash used in investing activities**
**Net cash from financing activities**
**Net decrease in cash and cash equivalents**
**Cash and cash equivalents at the beginning of the year**
**Cash and cash equivalents at the end of the year**|**2023**
**£**
(45,496)
24,116
(158)
19,208
(5,785)
(8,115)
(193)
158
(35)
-
(8,150)
36,857
28,707|**2022**
**£**
(41,247)
24,077
(6,000)
(5,898)
16,945|
|---|---|---|
|||(12,123)
(7,568)
6,000|
|||(1,568)|
||||
|||-|
||||
|||(13,691)|
|||50,548|
|||36,857|
||||
|**Components of cash and cash equivalents**|||
|Cash and bank balances|28,707|36,857|
||||
||28,707|36,857|
Page 15
**Morts Astley Heritage Trust Detailed Statement of Financial Activities**
## **for the year ended 30 June 2023**
|**Income and endowments from:**
Donations and legacies
donations received - general
revenue
Charitable activities
Other trading activities
rent & services income
Other
governemnt grants
bank interest
**Total income and endowments**
**Expenditure on:**
Other expenditure
Woodland development
merchandise & event costs
Employee costs
Salaries/wages
Premises costs
Rates
Light, heat and power
Premises cleaning
Other premises costs
General administrative costs,
including depreciation and
amortisation
Depreciation of land and
buildings
Depreciation of Fixtures &
fittings
Depreciation of
Bank charges|**Unrestricte**
**d funds**
**2023**
**£**
5,543
5,543
9,249
9,249
147,548
147,548
-
158
158
162,498
3,912
373
1,732
6,017
48,953
48,953
11,708
53,531
6,633
3,489
75,361
18,908
5,208
-
1,003|**2023**
**£**
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-|**Total funds**
**2023**
**£**
5,543
5,543
9,249
9,249
147,548
147,548
-
158
158
162,498
3,912
373
1,732
6,017
48,953
48,953
11,708
53,531
6,633
3,489
75,361
18,908
5,208
-
1,003|**Total funds**
**2022**
**£**
5,180|
|---|---|---|---|---|
|||||5,180|
|||||9,020|
|||||9,020|
|||||135,652|
|||||135,652|
|||||6,000
-|
|||||6,000|
|||||155,852
7,092
1,382
1,880|
|||||10,354|
|||||49,077|
|||||49,077|
|||||9,287
41,952
5,196
2,390|
|||||58,825|
|||||18,908
-
5,169
1,069|
Page 16
## **Morts Astley Heritage Trust Detailed Statement of Financial Activities**
|Equipment repairs and
maintenance
General insurances
Postage and couriers
Stationery and printing
Subscriptions
Sundry expenses
Telephone, fax and broadband
Legal and professional costs
Accountancy and bookkeeping
Other legal and professional
costs
**Total of expenditure of other costs**
**Total expenditure**
Net gains on investments
**Net expenditure**
**Net expenditure before other**
**gains/(losses)**
Other Gains
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|10,694
31,622
34
1,113
518
131
4,069
73,300
2,554
1,809
4,363
207,994
207,994
-
(45,496)
(45,496)
-
(45,496)
52,133
6,637|-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
1,654,753
1,654,753|10,694
31,622
34
1,113
518
131
4,069
73,300
2,554
1,809
4,363
207,994
207,994
-
(45,496)
(45,496)
-
(45,496)
1,706,886
1,661,390|14,878
28,102
15
970
488
887
3,935|
|---|---|---|---|---|
|||||74,421|
|||||2,552
1,870|
|||||4,422|
||||||
|||||197,099|
|||||197,099
-|
|||||(41,247)|
|||||(41,247)
-|
|||||(41,247)|
|||||1,748,133|
|||||1,706,886|
Page 17