## |||||Page| |---|---|---|---|---| |Legal and Administrative||Information||1-2| |Report ofthe|Trustees|||3-12| |Independent|Auditors'|Report||13-15| |Consolidated|Statement|of Financial|Activities|16| |Statement of|Financial
Activities|||17| |Balance Sheets||||18| |Consolidated|Statement|of Cash Flows||19| |Notes to the|Financial Statements|||20-31| ## |Chair|Martin Adeney||||re-appointed
29July 2020|re-appointed
29July 2020|| |---|---|---|---|---|---|---|---| |Trustees|Doreen Aislabie||||re-elected 29 July 2020||| ||Katherine
Baldwin||||re-elected 6July 2021||| ||Alice Brown||||appointed
11 May 2022||| ||Liz Fuller||||elected 6 July 2021||| ||Nicola Jones||||re-elected 6July 2021||| ||Steve Kennard||||re-elected
11 May 2022||| ||Stuart Orr||||re-elected
11 May 2022||| ||John Robinson||||elected 6 July 2021||| ||Teresa Sladen||||to 11 May 2022||| ||Stephen
Smith||||appointed
6July 2021||| ||Evelyn Wilder||||re-elected 29 July 2020||| ||Andrew
Yeo||||elected 11 May 2022||| |Staff|Dr lan Dungavell||FSA AlccM||Chief Executive||| |At 1 February 2023|Judith Chadbourne|||rccA|Head of Finance||| ||Nikki Druce||||Volunteering
Manager||| ||Judith
Etherton||||Archivist||| ||Claire Freston|AiccM|||Registrar||| ||Victor Herman||||Sexton||| ||Leighann
Heron||||Client Representative|(maternity|cover)| ||Sally Kay||||Bookkeeper||| ||Nick Powell||||Visitor Experience Manager||| ||Guinevere
Short||||Head of Operations||| ||Kate White||||Projects Director||| ||Gardeners||||||| ||Frank Cano||||Head Gardener||| ||Jose Ballesteros||Barragan||||| ||Zurab Gogidze||||||| ||Erik Harris||||||| ||Adam
Howe||||||| ## ||||||| |---|---|---|---|---|---| |Bankers||Lloyds Bank pic|||| |||140Camden
High|St||| |||London
NW1 ONG|||| |||Unity Trust Bank pic|||| |||4 Brindleyplace|||| |||Birmingham
B1 2JB|||| |||CCLA Investment|Management||Limited| |||85 Queen Victoria|Street||| |||London
EC4V 4ET|||| |Investment|Advisors|BNY Mellon
Fund|Managers|Limited|| |||160Queen Victoria Street|||| |||London
EC4V 4LA|||| |Auditors||Knox Cropper
LLP|||| |||65 Leadenhall
Street|||| |||London
EC3A 2AD|||| |Company|Number|3157806|||| |Charity Number||1058392|||| |Registered|Office|Highgate
Cemetery|||| |||Swain's Lane|||| |||London
N6 6PJ|||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||||||I
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LtC| ## ||||||2022|2022|2021|2021| |---|---|---|---|---|---|---|---|---| |||||Notes|Group
f|Parent
6|Group
F.|Parent| |Fixed Assets||||||||| |Tangible
Fixed Assets||||11|44,457|1,628|29,102|1,628| |Investments||||12|11,111,535|11,111,535|11,521,906|11,521,906| |Investment
in Subsidiary|||Company|12||2||2| ||||||11,155,992|11,113,165|11,551,008|11,523,536| |Current Assets||||||||| |Stocks|||||10,290||7,840|| |Debtors||||14|29,472|1,627|99,426|76,936| |Cash at Bank||||15|1,074,219|1,022,193|983,351|922,148| ||||||1,113,981|1,023,820|1,090,617|999,084| |Creditors: Amounts||falling due||||||| |within one year||||16|(374,478)|(243,696)|(133,683)|(8,959)| |Net Current Assets|||||739,503|780,124|956,934|990,125| |Total Assets Less
Liabilities|Current||||11,895,495|11,893,289|12,507,942|12,513,661| |Provision for Liabilities||||18|(557)||(28)|| |Total Net Assets|||||L'11,894,938|F11,893,289|612,507,914|f12,513,661| |Funds||||||||| |Unrestricted
Funds- General||||19|1,887,436|1,885,787|12,500,412|12,506,159| ||- Designated|||19|10,000,000|10,000,000||| |Restricted
Funds||||17|7,502|7,502|7,502|7,502| |Total Funds|||||611,894,938|F11,893,289|E.12,507,914|F12,513,661| ## ||||||||2022||2021| |---|---|---|---|---|---|---|---|---|---| ||||Notes|||E|E||E| |Cash Flows from Operating
Activities|||||||||| |Net cash provided
by operating||||A|||110,261||87,429| |activities|||||||||| |Cash Flows from Investing
Activities|||||||||| |Dividend
and Interest Received||||||3,582||1,276|| |Purchase ofTangible
Fixed Assets||||||(42,975)||(8,460)|| |Disposal of Tangible
Fixed Assets||||||20,000|||| |Net cash used in investment
activities|||||||(19,393)||(7,184)| |Change
in Cash and Cash|||||||||| |Equivalents
in the Finandal
Year|||||||90,868||80,245| |Cash and Cash Equivalents
at the|||||||||| |beginning
ofthe financial year|||||||983,351||903,106| |Cash and Cash Equivalents
at the|end||||||E1,074,219||E983,351| |of the financial
year|||||||||| ||||||||2022||2021| |Notes to the Statement of Cash Flows|||||||E||E| |A
Reconciliation
of Net Income|to Net||Cash|Flow from|||||| |Operating
Activities|||||||||| |Net (Expenditure)/Income
for the financial|||||year||(612,976)||1,825,538| |Adjustments
for.|||||||||| |Depreciation|||||||9,365||15,103| |Gain on disposal oftangible|fixed assets||||||(1,745)||| |Losses/(Gains)
on Investments|||||||592,046||(1,555,258)| |Dividends
and Interest|||||||(185,257)||(166,462)| |Decrease/(Increase)
in Debtors|||||||69,954||(71,221)| |Increase
in Creditors
Br Provisions|||||||241,324||23,127| |(Increase)/Decrease
in Stock|||||||(2,450)||16,602| |Net cash provided
by Operating||Activities|||||E110,261||E87,429| |8
Analysis of Cash and Cash Equivalent|||||||||| |Cash at Bank|||||||E1,074,219||F983,351| |C
Analysis of Changes
in Net Funds|||||||||| ||||||||At|Cash|At| ||||||||01/09/2021|flows|31/08/2022| |Cash|||||||E983,351|F90,868|E1,074,219| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ||filed with Com|panies
|House|.|||| |---|---|---|---|---|---|---|---| |||||||2022|2021| |||||||E|E| ||Turnover|||||815,483|685,871| ||Grants received|||||860,000|484,504| ||Cost of sales|||||(1,271,108)|(799,944)| ||Administrative|expenses||||(396,222)|(375,915)| ||Profit/(Loss)
before taxation|||||8,153|(5,484)| ||Tax|||||(529)|1,388| |||||||E7,624|E(4,096)| |3|Subscriptions,|Donations||and Legacies|||| ||Subscriptions|||||10,604|10,565| ||Donations|||||41,206|27,834| ||Legacies|||||24,647|38,001| |||||||E76,457|E76,400| ||f27,000of Donations||relate to restricted||funds||| ||(2021
E nil)||||||| |4|Charitable
Activities||||||| ||Highgate
Cemetery admissions|||||507,412|381,384| ||East side only|admissions||||120,203|125,151| ||Merchandise|and publications||||37,278|33,858| ||Burial Rights|||||632,917|678,960| ||Burial Fees|||||67,500|99,973| ||Memorial
Sales|||||55,930|48,210| |||||||E1,421,240|E1,367,536| |||F|or the Year Ended 31|August 2022|| |---|---|---|---|---|---| |6|Investment
Income||||| |||||2022|2021| |||||E|E| ||Investment
Income
Bank Interest|||185,187
70|166,462| |||||F185,257|E166,462| |7|Raising Funds||||| ||Costs of Raising Grants,||||| ||Subscription
and Donations
Fundraising
Trading
Costs||(Note 9)|76,560|61,118
525| |||||E76,560|E6'I,643| |8|Charitable
Activities||||| ||Burial rights and memorials
Merchandise
Private
Bill (Highgate
Cemetery Act)
Conservation
projects
Cemetery
running
costs
Staff costs
Archives|||32,307
15,155
9,340
686,231
264,561
282,301
1,497|72,765
20,082
97,178
335,564
238,067
234,154
2,923| |||||1,291,392|1,000,733| ||Support Costs (Note 9)|||382,800|305,593| |||||E1,674,192|F1,306,326| ## ## ## |Support Costs||||| |---|---|---|---|---| ||||2022|2021| ||||E|E| |Legal and professional||fees|70,349|27,712| |Auditors'
remuneration|||6,180|6,226| |Governance
costs|||16,443|6,632| |Staff costs|||311,948|282,853| |IT support|||8,068|10,503| |Telecoms|||6,446|4,291| |Printing,
postage
Miscellaneous|&.stationery||19,519
10,258|16,504
6,836| |Subscriptions|||784|1,200| |Depreciation|||9,365|3,954| ||||f459,360|f366,711| |Allocated to:||||| |Raising
Funds|||76,560|61,118| |Charitable
Activities|||382,800|305,593| ||||f459,360|f366,711| ## ## |Allocation|ofStaff Costs|||| |---|---|---|---|---| |||Raising|Charitable|| |||Funds|Activities|Total| |||E|E|E| |Office staff||66,149|330,600|396,749| |Burials staff|||43,344|43,344| |Landscape|staff||154,158|154,158| |||666,149|f528,102|f594,251| |Staff costs||||| |||2022|2021|| |||E|E|| |Wages and salaries
Social security costs
Pension costs||485,248
46,533
37,845|420,357
37,434
33,075|| |Agency staff||24,625|26,141|| |||f594,251|F517,007|| ## |Tangible
Fixed|Assets||||| |---|---|---|---|---|---| |||Plant &|Fixture &|Archive|| |Group||Machinery|Fittings|Materials|Total| |Cost||E|E|E|E| |At 1 September
Additions
Disposals|2021|'I81,213
42,975
(44,763)|4,273|1,628|187.114
42,975
(44,763)| |At 31 August 2022||179,425|4,273|1,628|185,326| |Depreciation|||||| |At 1 September
Charge for year
Disposals|2021|153,739
9,365
(26,508)|4,273||158,012
9,365
(26,508)| |At 31 August 2022||136,596|4,273||140,869| |Net book value|||||| |At 31 August 2022||f42,829|E-|E1,628|f44,457| |At 31 August 2021||E27,474||E1,628|E29,102| ## |11|Tangible
Fixed Assets (continued)|Tangible
Fixed Assets (continued)|Tangible
Fixed Assets (continued)|||||| |---|---|---|---|---|---|---|---|---| |||||Fixtures|&|Archive||| ||Parent Charity|||Fittings
f||Materials
f||Total
f| ||Cost|||||||| ||At 1 September
2021|||4,273||1,628||5,901| ||Additions|||||||| ||At 31 August 2022|||4,273||1,628||5,901| ||Depreciation|||||||| ||At 1 September
2021|||4,273||||4,273| ||Charge for the year|||||||| ||At 31 August 2022|||4,273||||4,273| ||Net book value|||||||| ||At 31 August 2022|||||f1,628||f1,628| ||At 31 August 2021|||||f1,628||f1,628| |12|Fixed Assets Investments|||||||| |||||||2022||2021| |||||||f||f| ||Investments
(see below)||||f11,111,535||f11,521,906|| ||Highgate
Cemetery|Limited|(shares at cost)|||f2||f2| ||||BNY Mellon|CCLA||2022||2021| ||||f|f||f||f| |Market value at 1 September|||11,482,049|39,857||11,521,906||9,801,462| |2021||||||||| |Additions||||||||| |Dividends
reinvested|||181,675|||181,675||165,186| |Net investment
gains/(losses)|||(586,579)|(5,467)||(592,046)||1,555,258| |Market value at 31 August|||f11,077,145|f34,390|f11,111,535||f11,521,906|| |2022||||||||| |Historical cost at 31 August|||f7,687,679|f30,000||f7,717,679|F7,536,004|| |2022||||||||| ## ## ||Group||||2022|2021| |---|---|---|---|---|---|---| ||||||E|E| ||Trade debtors
Other debtors||||6.965|59,690
23,784| ||Prepayments|and accrued|income||22,507|15,952| ||||||F29,472|F99,426| ||Parent Charity||||2022|2021| ||||||E|E| ||Trade debtors||||371|46,824| ||Prepayments|and accrued|income||201|| ||Amounts
due from subsidiary
Taxes and social security costs||||1 055|30,112| ||||||E1,627|K76,936| |15|Cash at Bank|and in Hand||||| ||Group||||2022|2021| ||The balance
is|represented|by||E|E| ||Lloyds Bank Accounts
Unity Bank Accounts||||111,770
254,074|103,433
177,458| ||The Charities
Official Investment|||Fund|703,285|699,772| ||Cash||||5,090|2,688| ||||||E1,074,219|F983,351| ## ||Parent Charity||||2022|2021| |---|---|---|---|---|---|---| ||The balance
is represented||by:||E|E| ||Lloyds Bank Accounts||||100,670|97,183| ||Unity Bank Accounts||||214,813|123,328| ||The Charities
Official|Investment||Fund|703,285|699,772| ||Cash||||3,425|1,865| ||||||F.1,022,193|F922,148| |16|Creditors: Amounts|falling due||within one year||| ||Group||||2022|2021| ||||||E|E| ||Accruals||||84,937|42,922| ||Deferred
Income||||220,194|| ||Trade creditors||||35,952|65,771| ||Taxes and social security costs||||33,395|24,990| ||||||F374,478|F.133,683| ||Parent Charity||||2022|2021| ||||||E|E| ||Trade Creditors||||3,731|6,133| ||Due to subsidiary||||82,236|| ||Accruals||||3,906|2,826| ||Deferred
Income||||153,823|| ||||||F243,696|f.8,959| |||||Group|Parent| |---|---|---|---|---|---| |||||E|E| |Deferred|Income at|1 September|2021||| |Income for memorials||||363,372|236,650| |Memorials|installed|in year||(143,178)|(82,827)| |Deferred|Income 31|August 2022||f220,194|F153,823| ## |17
Analysis of Funds|17
Analysis of Funds|||||| |---|---|---|---|---|---|---| |Group and Parent||Charity||||| |||Unrestricted||Sowerby|Other|| |||General|Designated|Restricted|Restricted|Total| |Group and Parent||||||| |Charity||||||| |At 1 September|2021|12,500,412||7,502||12,507,914| |Income||1,703,351|||27,000|1,730,351| |Expenditure||(1,723,752)|||(27,000)|(1,750,752)| |Loss on Investments||(592,046)||||(592,046)| |Tax||(529)||||(529)| |Transfers||(10,000,000)|10,000,000|||| |At 31 August 2022||E1,887,436|f10,000,000|E7,502||f11,894,938| |||Unrestricted||||| |||||Sowerby|Other|| |||General|Designated|Restricted|restricted|Total| |Group and Parent||||||| |Charity||||||| |At 1 September|2020|10,674,874||7,502||10,682,376| |Income||1,636,861|||27000|1 663861| |Expenditure||(1,367,969)|||(27000)|(1 394969)| |Gain on Investments||1,555,258||||1,555,258| |Tax||1,388||||1,388| |At 31 August 2021||E12,500,412|F=|E7,502||f12,507,914| ## ## ## ## |Net Asse|ts by Funds||||| |---|---|---|---|---|---| |||Unrestricted
f|Restricted
f|Designated
f|2022
E| |Tangible|Fixed Assets|44,457|||44,457| |Investments||1,111,535||10,000,000|11,111,535| |Net Current Assets||732,001|7,502||739,503| |Provision|for Liabilities|(557)|||(557)| |||1,887,436|7,502|10,000,000|11,894,938| |||Unrestricted|Restricted|2021|| |||f|f|f|| |Tangible|Fixed Assets|29,102||29,102|| |Investments||11,521,906||11,521,906|| |Net Current Assets||949,432|7,502|956,934|| |Provisions|for liabilities|(28||(28)|| |||12,500,412|7,502|12,507,914|| ## ##