REGISTERED CHARITY NUMBER 1056355 Report ofthe Trustees and Unaudited Financial Statements Forthe Year Ended 31st March 2025 for Lansdown Hall and Gallery House of Tax 10 Springdale Close Hardwicke Gloucester GL2 4JD
Page Report of the Trustees 2to3 Independent Examiner's Report Statement of FlnanciaL Activities Balance Sheet 6t07 Notes to the Financlal Statements 8t014 Detailed Statement of Flnanclal Activities 15to16
LH&G Annual Report 2024-25 Classes, hail bookings and galleryexhibitions have been verywell supported duringthis year, although hiring charges have been slightly increased. Rate increases are belowthose asked for by other localvenues, in line with the LH&G charitable objectives Events targaretingadolescents and young adljlts have increased and been well attended and appreciated. The creation of an enclosed, temporary"smokinE area" adjacentto the hall has considerabley improved the management of these events A grant from Summerfield Trust enabled the upgrading of the Ilghting desk. Fund ralsing contlnues to be a priority for LH&G as there are insufficient reserves generated from hiringfees and other income sources to meet everything required to maintain the building and equipment. The redesign and re-introduction of the Friends Scheme is needed to help address this issue and other fundraising initiatives implemented and plans for this will be given priority in the coming year. The newwindows have been installed to replace those that had deteriorated through age and wearwhich completes the renovation project undertaken by Stroud Town Council. Discussions are taking place around how to fund Phase 4 ofthe renovation project which includes provlding step-tree access to the upper Hall. At present there are no funds available. There was a complaintfrom a local organisation claimingthe Trustees were not allowingthe showing of a contraverslal fllm at a public meeting in the hall. This was not upheld as the event was not able to be staffed as no trained individuals were willingto manage the event. However, consi(Jerable time and effort had to be allocated to respond to complainants. Finally, the Trustees wish to thankthe manager, Penny de Lotz, staff and volunteers for doing an excellentjob in creating an efficient, effective and friendly team, all highiyvalued bythe community. STRUCTURE. GOVERNANCEAND MANAGEMENT Governlngdocument The charity is controlled by Its governing document, a deed of trust and constitutes a Charitable Incorporated Organisation REFERENCE AND ADMINISTRATION DETAILS Reglstered Charlty Number 1056355 PrlnclpalAddress Lansdown Stroud Gloucestershire GL5 IBB Trustees J D Bousfield FC Ward Ichairl SFHill D Humphrey
REFERENCE AND ADMINISTRATIVEDETAILS Independent Examlner House of Tax 10 Springdale Close Hardwicke Gloucester GL2 4JD Approved bythe board oftrustees on and signed on its behalf by: J D Bousfleld- Trustee
Independent examlnefs reporttothe Trustees ol Lansdown Halland Gallery I reportto the charitytrustees on myexamination ofthe accounts of Lansdown Hall and Gaiiery (the Trust) forthe year ended 31st March 2025 Responslbllllles and baslsol report As the charity trustees of the Trust you are responsible for the preparatlon of the accounts in accordance with the requirements of the Charites Act 20111'the Act'}. I report In respect of my examination ofthe Trust's accounts carried out under Sectlon 145 ofthe Act an(J in carryingout my examination. I have tollowed all applicable Dlrectlons given bythe Charitycommission under Section 14515llb) of the Act Independent Examlner's statement I have completed my examination. I confirm that no materlal matters have come to my attention in connectlon with the examination givlng me cause to believe that in any material respect: l accountlng records were not kept in respect ofthe Trust as required by Sectlon 130 of the Act: or 2 the accounts do not accord with those records or the accounts do not complywith the appllcable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulation5 2008 other than any requirement that the accounts give a true and fair view which is not a matter consldered 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 orderto enable a proper understanding ofthe accountsto be reached Katherine Ford House of Tax 10 Springdale Close Hardwicke Gloucester GL2 4JD
31.3.25 Total Funds 31.3.24 Total Unrestricted Fund Restricted funds Funds INCOMEAND ENDOWMENTS FROM Donations and legacies 10,919 10,919 5,367 Other trading activities Investment Income Other Income 83,573 483.9 83,573 66297 615 Total 94.976 94,976 72,279 EXPENDITURE ON Raising Funds 92,000 92,000 78,926 Other Total 92,000 92,000 78,926 NET INCOME £2,976 £2,976 -6,647 RECONCILIATION OF FUNDS Totalfunds broughtforward 32,972 32,972 39,619 TOTAL FUNDS CARRIED FORWARD 35,948 35,948 32,972 The notesform part ofthese financial statements
31.3.25 Total ftjnds 31.3.24 Total funds Unrestricted Fund Restricted funds Notes FIXED ASSETS Tangible assets 3,803 3,803 601 CURRENT ASSETS Debtors Prepayments and accrued income Cash at bank and in hand 8,529 8,529 6,387 30,809 30,809 30.809 39,338 39.338 37,196 CREDrroRS Amounts falling due wlthln one year 14,9431 {4.943) (4,086) NET CURRENT ASSETS 34,395 34,395 33,110 TOTALASSETS LESS CURRENT LIABILITIES 38,198 38,198 33,711 NET ASSETS 38. 198 38,198 33.711 The notes fonn part ofthese financial statements
FUNDS Unrestricted funds io 38,198 33,711 TOTAL FUNDS 38,198 33.711 The financial statements were approved bythe Board ofTrustees and authorised for issue on were signed on it's behalf by: and F C Ward- Chair J D Bousfield - Trustee The notesform part ofthese financialstatements
ACCOUNTING POLICIES Basls of Preparlng the Flnanclal Statements The financial statements ofthe charity. which is a publlc benefit entity under FRS102. have been prepared in accordance with the Charities SORP IFRS 102)'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparingtheir accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102} {effectlve l January 2019}', Financial Reportingstandard 102'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Charities Act 2011. The financial statements have been prepare(J under the historical cost convention Income All income Is recognlsed in the Statement of Flnancial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. Expendlture Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committlng the charity to that expenditure, it is probable that a transfer of economic benef its will be required in settlement and the amount of the obligatlon can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headlng5 that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources Tanglble Flxed Assets Depreclatlon 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 actlvities FundlngAccountlng Unrestricted funds can be used in accordance with the charitable oblectlves atthe discretion ofthe 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 funds are raised for particular restricted purposes Further explanation ofthe 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 benellts The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme to the Statement of Financial Activities in the period to which they relate. 2 OTHER TRADING ACTIVITIES 31.3.25 31.3.24 Hall rental Bar Receipts Other Income 51,134 30,157 2,282 41,218 18,747 6,332 83,573 66,297 3 INVESTMENT INCOME Interest received 615 4 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, expenses pald forthe year ended 31st March 2025 northe year ended 31st March 2024 Trustees, expenses There were no trustees, expenses pald forthe year ended 31 March 2025 norfor the year ended 31 March 2024 io
5 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVIES Unrestricted Restritted funds funds Total funds INCOME AND ENDOWMENTS FROM Donations and legacies Other trading activities Investment Income Other Income 5,367 66,297 615 5,367 66,297 615 Total 72,279 72,279 EXPENDITURE ON Raising Funds 78,926 78,926 Other Total 78,926 78,926 TOTAL INCOME 16,6471 16,647) RECONCILIATION OF FUNDS Total funds brought forward 38,172 38, 172 TOTAL FUNDS CARRIED FORWARD 31,525 31,525 li
Lansdown Halland Gallery Notesforthe FinanclalStalement$-contlnued fortheyear Ended 31st March 2025 6 TANGIBLE FIXED ASSETS Fixtures and Fittings Long leasehold Plant and Machinery Office Equipment Totals COST At April 2024 Additions Disposal 34,331 57,899 4,942 4300 2,575 99,747 4,300 34.331 57,899 9,242 2,575 104,047 DEPRECIATION At April 2024 and Charge foryear Disposal 34.331 57,899 4,942 497 2.575 99,747 497 34,331 57.899 5,439 2,575 100.244 NET BOOK VALUE At 31st March 2025 3,803 3,803 At 31st March 2024 601 601 7 DEBTORS:AMOUNTS FALLING DUEWITHIN ONEYEAR 31.3.25 31.3.24 Trade Debtors 8,529 6,387 8 CREDITORS:AMOUNTS FALLING DUEWITHIN ONE YEAR 31.3.25 31.3.24 Trade creditors Other creditors 2.756 2,187 3,135 952 4,943 4.086 12
9 MOVEMENT IN FUNDS Net Movement At 1.4.24 in funds At 1.3.25 Unrestrlcted funds Generalfund 32,972 2,976 35,948 TOTAL FUNDS 32,972 2,976 35,948 Net movement in funds included in the above are as follows: Incomlng resources Resources expended Movement in tunds Unreslrlctedfunds General tund 94,976 92,000 £2,976 TOTAL FUNDS 94,976 92,000 £2,976 Comparative for movement In funds Net Movement At 1.4.23 in funds At 31.3.24 Unrestrlcted funds Generalfund 39,619 (6.647) 32,972 TOTAL FUNDS 39,619 {6,647) 32,972 13
9 MOVEMENT IN FUNOS-¢onllnued Comparative net movements in funds, included in the above are as follows: Incomlng resources Resources expended Movement in funds Unrestrlcted funds Generalfund 72.279 (78,926) 16,647) TOTAL FUNDS 72,279 178.9261 (6.6471 A current year 12 months and prioryear 12 months combined positlon Is as follows: Net movement At 1.4.23 in funds At 31.3.25 Unrestrlctedfunds General fund 39,619 13.6711 35,948 TOTAL FUNDS 39,619 13,671} 35,948 A current year 12 months and prloryear 12 months combined net movement In funds, Included in the above are as follows: Incoming Resources resources expended Movement In funds Unrestrlcted funds Generalfund 167,255 {170.927) 13,672} TOTAL FUNDS 167,255 1170,9271 13,6721 10 RELATED PARTY DISCLOSURES There were no related partytransactions forthe year ended 31st March 2025 14
31.3.25 31.3.24 Other Wages Pensions Advertisingand Marketing Professional Fees Telephone Postage and Stationery Sundry Expense5 Plant and Machinery IDepreciationl Fixtures and Fitting IDepreciationl 35,443 437 190 3,193 581 767 31,388 327 226 658 516 414 834 658 14971 11831 40,948 34,004 Other2 Theatre Rent and Rates Theatre Repairs and Maintenance Theatre Utilities 1,284 13,293 14,411 1,262 9,162 15,297 28,988 25,721 Total Resources Expended 92,000 78,926 Net Income 2,976 16,647) 16