## **LH&G Annual Report 2023-24** This was a good year, with a healthy amount of bookings. We welcomed Di Humphrey, a new Trustee, onto the Board in May. With the help of our virtual bookkeeper Jess O’Connor , we were able to implement improvements to our financial planning systems. The Venue Manager received permission from Stroud Town Council to trial a new, controlled and cordoned off outdoor Smoking Area for standing music events where people can enter/exit during the event. Full security to be in place and the No Alcohol rules off the premises strictly enforced. A new Service Level Agreement was drawn up with Stroud Town Council and we will continue to receive a £5k grant in the following financial year. In late Spring 2023 with the ongoing delay in building work improvements and lack of possible funding, the Board supported the Venue Manager in her initiative to implement remedial plaster, paint and ‘comfort’ improvements in toilets. These significant improvements were in place by September. Subsequently new masonry and new windows were installed at the back of the chair store. The existing over-complicated heating system was improved, as well as the Website. Recruitment plans to engage an Assistant Venue Manager were put in place to rationalize the Venue Manager’s extensive variety of duties. Thanks as ever go our hard working staff, and volunteers. REGISTERED CHARITY NUMBER 1056355 Report of the Trustees and Unaudited Financial Statements Forthe Year Ended 31st March 2024 for Lansdown Hall and Gallery House ofTax 10 Springdale Close Hardwicke Gloucester GL24JD an inancial Statement Page Report oftheTrustees 2to3 Independent Examiner's Report Statement of Financial Activities Balance Sheet 6t07 Notes to the Financial Statements 8t014 Detailed Statement of Financial Activities 15to16 LH&G Annual Report 2023-24 This was a good year, with a healthy amount of bookings. We welcomed Di Humphrey, a new Trustee, onto the Board in May. With the help of our virtual bookkeeper Jess O'connor, we were able to implement improvements to our financial planning systems. The Venue Manager received permission from Stroud Town CounciLto trial a new, controlled and cordoned off outdoor Smoking Area for standing music events where people can enterlexit during the event. Full securityto be in place and the No Alcohol rules off the premises strictly enforced. A new Service Level Agreement was drawn up with Stroud Town Council and we will continue to receive a £5k grant in the following financial year. In late Spring 2023 with the ongoing delay in building work improvements and lack of possible funding, the Board supported the Venue Manager in her initiative to implement remedial plaster, paint and 'comfort' improvements In toilets. These significant improvements were in place by September. Subsequently new masonry and new windows were installed at the back of the chalr store. The existing over-complicated heating system was improved, as well as the Website. Recruitment plans to engage an Assistant Venue Managerwere put in place to rationalize the Venue Manager's extensive variety of duties. Thanks as ever go our hard working staff. and volunteers. STRUCTURE, GOVERNANCE AND MANAGEMENT Governlng document The charity is controlled by its governing document, a deed of trust and constitutes a Charitable Incorporated Organisation REFERENCE AND ADMINISTRATION DETAILS Registered Charlty Number 1056355 PrlnclpalAddress Lansdown Stroud Gloucestershire GL5 IBB Trustees J D Bousfield F Cward {Chairl SFHill D Humphrey REFERENCE AND ADMINISTRATIVEDETAILS Independent Examlner House ofTax 10 Springdale Close Hardwicke Gloucester GL24JD Approved by the board oftrustees on 21st January 2025 and signed on its behalf by: J D Bousfield - Trustee nde ndent E in Independent examiner's report to the Trustees of Lansdown Hall and Gallery I reportto the charitytrustees on my examination ofthe accounts of Lansdown Hall and Gallery Ithe Trust) for the yearended 31st March 2024 Responslbllltles and basls of report As the charity trustees ofthe Trust you are responsible forthe preparation of the accounts in accordancewith the requirements otthe Charites Act 20111'the Act'l. I report in respect of my examination of the Trust's accounts carried out under Section 145 ofthe Act and in carrying out my examination. I have followed all applicable Directions given by the Charity Commission undersection 145151(bl ofthe Act Independent Examlner's statement I have completed my examination. I confirm that no material matters have cometo my attention in connection with the examination giving me cause to believe that in any material respect: l accounting records were not kept in respect ofthe Trust as required by Section 130 ofthe Act; or 2 the accounts do not accord with those records or 3 the accounts do not complywith the applicable requirements concerningthe form and content of accounts set out in the Charities (Accounts and Reportsl Regulations 2008 otherthan any requirement that the accounts give a true and fairviewwhich 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 accounts to be reached Katherine Ford House of Tax 10 Springdale Close Hardwicke Gloucester GL24JD 21 January 2025 an tatem l Activit" 31.3.24 Restricted Total funds Funds 31.3.23 Total Funds Unrestricted Fund INCOME AND ENDOWMENTS FROM Donations and legacies 5,367 5,367 7,714 Other trading activities Investment Income Other Income 66,297 615 66,297 615 80418 132 Total 72,279 72,279 88,264 EXPENDITURE ON Raising Funds 78,926 78,926 86,817 Other Total 78,926 78,926 86,817 NET INCOME 16,6471 16,6471 1,447 RECONCILIATION OF FUNDS Total funds broughtforward 39,619 39,619 38,172 TOTAL FUNDS CARRIED FORWARD 32.972 32.972 39.619 The notes form part of these financial statements li 31.3.24 Restricted Total funds funds 31.3.23 Total funiis Unrestricted Fund Notes FIXED ASSETS Tangible assets 601 601 CURRENT ASSETS Debtors Prepayments and accrued income Cash at bankand in hand 6,387 6,387 2,767 {3,0401 42,083 30.809 30,809 37,196 37,196 41,810 CREDITORS Amounts falling duewithln one year 14,086) 14,0861 12,1911 NET CURRENT ASSETS 33,110 33,110 39,619 TOTAL ASSETS LESS CURRENT LIABILITIES 33,711 33,711 39,619 NET ASSETS 33.711 33.711 39,619 The notes form part of the5efinancial statements Galle FUNDS Unrestricted funds io 33,711 39,619 TOTAL FUNDS 33.711 39.619 The financial statements were approved bythe Board ofTrustees and authorised for issue on 21 January2025 and were signed on it's behalf by.. F CWard- Chair J D Bousfield - Trustee The note5 form part of these financial statements li li Fin ACCOUNTING POLICIES Basls ot Preparlngthe Flnanclal Statements The financial statements of the charity, which is a public benefit entity under FRS102. have been prepared in accordance with the Charities SORP IFRS 1021'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 I reland IFRS 1021 (effective l January20191', Financial Reporting standard 102'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Charities Act 2011. The f inancial statements have been prepared underthe historical cost convention Income All income is recognised in the Statement of Financial Activities once the cha rity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. Expendlture Liabilities a re recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expend iture Is accounted for on an accruals basis and has been classif led under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular head ings they have been allocated to actlvities on a basis consistent with the use ot resources Tangible Flxed Assets Depreciation is provided at the following annual rates in order to wite off each asset over its estimated useful life, Fixtures and Fittings 25% on cost and IO% on cost Taxatlon The Charity is exempt from tax on its charitable activities Fundlng Accountlng Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when f unds are raised for particular restricted purposes Further explanation of the nature and purpose of each fund is included in the notes to the financial statements I ACCOUNTING POLICIES- contlnued Penslon costs and other post-retlrement beneflts The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme to the Statement of FinancialActivities in the period to which they relate. 2 OTHER TRADING ACTIVITIES 31.3-24 31.3.23 Hall rental Bar Receipts Other Income 41,218 18,747 6,332 58.049 19,003 3,366 66.297 80,418 3 INVESTMENT INCOME Interest received 615 132 4 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, expenses paid for the year ended 31st March 2024 northe year ended 31st March 2023 Truslees, expenses There were no trustees, expenses paid forthe year ended 31 March 2024 norfor the year ended 31 March 2023 io down Hall li 5 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVIES Unrestricted Restricted funds funds Total funds INCOME AND ENDOWMENTS FROM Donations and legacies Other trad ing activities Investment Income Other Income 7,714 80,418 132 7,714 80,418 132 Total 88,264 88,264 EXPENDITURE ON Raising Funds 86,817 86,817 Other Total 86,817 86.817 TOTAL INCOME 1,447 1,447 RECONCILIATION OF FUNDS Totalfunds brought forward 38,172 38.172 TOTAL FUNDS CARRIED FORWARD 39,619 39,619 li Lansdown Hall and Gallery Notes for the Financial Statements- continued fortheyear Ended 31st March 2024 6 TANGIBLE FIXED ASSETS Fixtures Long leasehold Plant and Machinery and Fittings Office Equipment Totals COST At April 2023 Additions Disposal 34.331 57,899 4,524 668 2,575 99,329 668 (2501 99,747 34,331 57.899 4.942 2,575 DEPRECIATION At April 2023 and Charge foryear Disposal 34,331 57,899 4,524 67 12501 4,341 2,575 99,329 67 (2501 99.146 34,331 57,899 2.575 NET BOOK VALUE At 31st March 2024 601 601 At 31st March 2023 7 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.24 31.3.23 Trade Debtors 6,387 2,767 8 CREDITORS:AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.24 31.3.23 Trade creditors Other creditors 3,135 952 1,443 748 4,086 2.191 12 es f rthe Finan 9 MOVEMENT IN FUNDS Net Movement in funds At 1.4.23 At 1.3.24 Unrestricted funds Generalfund 39,619 16,6471 32.972 TOTAL FUNDS 39,619 {6.6471 32,972 Net movement in funds included in the above are as follows: Incoming Resources resources expended Movement in funds Unrestrlcted funds Generalfund 72,279 78.926 16,6471 TOTAL FUNDS 72,279 78,926 16,6471 Comparative for movement in fLtnds Net Movement In funds At At 1.4.22 31.3.23 Unrestrlcted funds Generalfund 38.172 1,447 39,619 TOTAL FUNDS 38,172 1,447 39,619 13 nt Ende 9 MOVEMENT IN FUNDS- contlnued Comparative net movements in funds, included in the above are as follows: Incoming Resources resources expended Movement in funds Unrestrlcted tunds Generalfund 88,264 186.817) 1,447 TOTAL FUNDS 88,264 186,8171 1,447 A current year 12 months and prioryear 12 months combined position is as follows: Net movement At 1.4.22 infunds At 31.3.24 Unrestrlcted funds General fund 38,172 {5,200} 32,972 TOTAL FUNDS 38,172 15,200) 32,972 A currentyear 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: Incoming Resources resources expended Movement infunés Unrestrlcted funds General fund 160,543 {165,743} 15,200) TOTAL FUNDS 160,543 1165,743) 15,2001 10 RELATED PARTY DISCLOSURES There were no related partytransactions forthe year ended 31st March 2024 14 li 31.3.24 31.3.23 INCOME AND ENDOWMENTS Donatlons and legacles Gifts Grants and Donatlons 5.367 7,714 5.367 7,714 Other tradlng actlvltles Hall Rental Bar Receipts Other Income 41,218 18,747 6,332 58,049 19,003 3,366 66,297 80.418 Investment Income Interest Received 615 132 Other Income Total Incoming Resources 72,279 88,264 EXPENDITURE Other trading activities Bar Purchases Materials Licences and Insurance Performance Expenses 8,980 4,222 3,237 2,497 10,579 3,489 3,063 4,100 18,937 21.231 Other Support Costs Finance Bank Charges 265 1,019 15 31.3.24 31.3.23 Other Wages Pensions 31,388 327 226 658 40.082 349 Advertising and Marketing Professional Fees Telephone Postage and Stationery Sundry Expenses Plant and Machinery (Depreciation) Fixtures and Fitting (Depreciation) 1.104 960 438 114 1,800 516 414 658 11831 34,004 44,847 Other 2 Theatre Rent and Rates Theatre Repairs and Maintenance Theatre Utllities 1,262 9,162 15,297 1,064 9,522 9,134 25,721 19,720 Total Resources Expended 78.926 86,817 Net Income 16,6471 1,447 16 ## **LH&G Annual Report 2023-24** This was a good year, with a healthy amount of bookings. We welcomed Di Humphrey, a new Trustee, onto the Board in May. With the help of our virtual bookkeeper Jess O’Connor , we were able to implement improvements to our financial planning systems. The Venue Manager received permission from Stroud Town Council to trial a new, controlled and cordoned off outdoor Smoking Area for standing music events where people can enter/exit during the event. Full security to be in place and the No Alcohol rules off the premises strictly enforced. A new Service Level Agreement was drawn up with Stroud Town Council and we will continue to receive a £5k grant in the following financial year. In late Spring 2023 with the ongoing delay in building work improvements and lack of possible funding, the Board supported the Venue Manager in her initiative to implement remedial plaster, paint and ‘comfort’ improvements in toilets. These significant improvements were in place by September. Subsequently new masonry and new windows were installed at the back of the chair store. The existing over-complicated heating system was improved, as well as the Website. Recruitment plans to engage an Assistant Venue Manager were put in place to rationalize the Venue Manager’s extensive variety of duties. Thanks as ever go our hard working staff, and volunteers.