Registered Company Number: 03439272
Charity Registration Number: 1064907
Moggerhanger House Preservation Trust
(Company Limited by Guarantee)
Trustees' Report and Unaudited Accounts
for the year ended 31 March 2025
12

Moggerhanger House Preservation Trust
Trustees' Report and Unaudited Accounts
For the year ended 31 March 2025
CONTENTS
Trustees' Report
Independent Examiner's Report
Statements of Financial Activities
Balance Sheet
Notes to the Accounts
Pages
2-7
8
9
10-11
12-23

Moggerhanger House Preservation Trust
Trustees' Report and Unaudited Accounts
For the year ended 31 March 2025
The Trustees present their report and unaudited accounts for the year ended 31 March
2025.
Trustees who served during the year and to the date of this report:
Andrew Boyd Stupple
Kim Pearson
David Parry
Steven Dimon (Appointed 26/05/2025)
Chair
Andrew Boyd Stupple
Registered Office
Moggerhanger House
Bedford
Bedfordshire
MK44 3RW
2

Moggerhanger House Preservation Trust
Trustees' Report and Unaudited Accounts
For the year ended 31 March 2025
The financial statements comply with the Charities Act 2011, the Companies Act 2006,
the Memorandum and Articles of Association, and Accounting and Reporting of
Charities: Statements of Recommended Practice applicable to charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and
Republic of Ireland (FRS 102) (effective 1 January 2015).
Objectives and Activities
The Charity's principal object and activity continue to be:
- to preserve for the benefit of the townspeople of Borough of Bedford in the county
of Bedfordshire and of the nation at large, the building known as Moggerhanger house,
the park, Moggerhanger, Bedford and the land appurtenant thereto and to use the
same for the advancement of the Christian religion
Public Benefit Statement
The Trustees confirm that they have complied with the duty in section 4 of the Charities
Act 2011 to have due regard to the Charity Commission's general guidance on Public
Benefit, Charities and Public Benefit.
Achievements and performance 2024/25
The trustees continue to maintain the fabric of the listed building.
The charity continued to develop its model of preservation, restoration and running of
the whole estate.
Financial Review 2024/25
Income
Income for the year 2024/25 amounted to £179k (2024: £207.5k) a decrease of £29k
on last year.
3

Moggerhanger House Preservation Trust
Trustees' Report and Unaudited Accounts
For the year ended 31 March 2025
Expenditure
Charitable expenditure for 2024/25 amounted to £383k (2024: £389k) a decrease of
£6k from the prior year, this was in line with the increase in income and management
expectations.
Reserves
Total reserves as at 31 March 2025 were £6.9m (2024: £7.14m) a decrease of £204k.
The restricted reserves held by the charity were Enil (2024: €5.7m). During the year
there was a transfer to unrestricted reserves of f5.6m. Unrestricted reserves as at 31
March 2025 were £6.9m (2024: £1.5m).
Further details of the Moggerhanger House Preservation Trust's reserve policy can be
found on page 6.
Going Concern
The trustees have prepared a business plan as a part of the strategic plan of the Charity,
where new sources of income will generate surpluses to invest back in the estate.
The existing investment portfolio is being re-mortgaged to raise funds to support us
through the transition.
Investments
Trustees have the power to invest funds if and when they become available, this is kept
under periodic review.
Structure, Governance and Management
The Charity is a company limited by guarantee, governed by a Memorandum and
Articles of Association.
The Company's objects and Articles of Association, as submitted to the Charity
Commission and Companies House, follow that:
4

Moggerhanger House Preservation Trust
Trustees' Report and Unaudited Accounts
For the year ended 31 March 2025
• The Centre for Moggerhanger House Preservation Trust's Board is the
ultimate decision-making body to manage the organisation on a day-to-day
basis. Trustees will also be known as directors.
• The number of Trustees is subject to a maximum of 12 but shall never be less
than four. Any appointment of reappointment of a Trustee will be for a term
of three years.
• The Directors may appoint a person who is willing to act to be a Director.
• A Directors shall cease to hold office if he or she resigns but this is subject to
there being two trustees to remain in office.
• At each AGM one third of the Trustees will retire from office in order of their
respective terms in office.
Statement of Trustees' Responsibilities
The Trustees (who are also Directors of the Moggerhanger House Preservation Trust
for the purposes of company law) are responsible for preparing the Trustees' Report
and the financial statements in accordance with applicable law and United Kingdom
Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the Trustees to prepare financial statements for each financial
year, which give a true and fair view of the state of affairs of the Charitable Company
and of the incoming resources and application of resources, including the income and
expenditure, of the charity for that year. In preparing these financial statements, the
Trustees are required to:
Select suitable accounting policies and then apply them consistently.
Observe the methods and principles in the Charities SORP 2019 (FRS 102).
Make judgements and estimates that are reasonable and prudent.
• State whether applicable UK Accounting Standards have been followed,
subject to any material departures disclosed and explained in the financial
statements; and
Prepare the financial statements on the going concern basis unless it is
inappropriate to presume that the Charitable Company will continue in operation.
The Trustees are responsible for keeping adequate accounting records that disclose
with reasonable accuracy at any time the financial position of the Charitable company
and enable them to ensure that the financial statements comply with the Companies
Act 2011. They are also responsible for safeguarding the assets of the Charitable
company and hence for taking reasonable steps for the prevention and detection of
fraud and other irregularities.
5

Moggerhanger House Preservation Trust
Trustees' Report and Unaudited Accounts
For the year ended 31 March 2025
The Directors are responsible for the maintenance and integrity of the corporate and
financial information included on the Charitable Company's website. Legislation in the
United Kingdom governing the preparation and dissemination of the financial
statements may differ from legislation in other jurisdictions.
Trustee induction and training
Once new Trustees have been appointed, they go through an internal induction
process where they are invited to meet key Trustees. During their induction, new
Trustees are briefed on their legal obligations under charity and company law.
Organisation
The governing body of the Charity is the Board of Trustees, which met quarterly during
the year 2024/25. There are 4 Trustees currently in office.
Risk and Internal Control
The Trustees have overall responsibility for ensuring that the Charity has an
appropriate system of controls, financial and otherwise.
Trustees are also responsible for safeguarding the assets of the Charity and taking
reasonable steps for the prevention and detection of fraud and other irregularities
providing reassurance that:
1. The Charity complies with relevant laws and regulations.
2. Its assets are safeguarded against unauthorised use or disposition.
Proper records are maintained, and financial information used within the
Charity or for publication is reliable.
The principal risks facing the Charity are financial in ensuring that sufficient monies are
available to ensure the continuity of ongoing activities of the Charity. The Charity is
looking to mitigate this risk by reviewing diverse and sustainable sources of income to
achieve its strategic objectives.
Reserves Policy
A majority of the Charity's assets are in the form of buildings, land or chattels which
are germane to the Sane building, the Repton landscape and heritage.
6

Moggerhanger House Preservation Trust
Trustees' Report and Unaudited Accounts
For the year ended 31 March 2025
The charity investments consist of solely property which is part of the estate and
considered integral to the operation of the Charity.
The Charity has free reserves of Enil (2024 :Enil). The building up of cash reserves to
fund future dilapidations and improvements continues to be of paramount importance
to the Trustees.
Plans for the future
The vision for the future is aligned with the "Original Intent" or vision for the use of the
estate that was published in 1986.
Moggerhanger Park would be a centre where leaders would gather, away from the
daily routine of life and work, for the purpose of seeking what God is saying to them
for their task of leadership. These include leaders from political life, industry, academia
and the Church.
The Charity continues to develop the business plan aligned to these principles.
Kim Pearson
Trustee
Date:
23 December 2025

Independent examiner's report to the trustees of Moggerhanger House Preservation Trust ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March
2025.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible
for the preparation of the accounts in accordance with the requirements of the Companies Act 2011 ('the 2011
Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006
Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts
as carried out under section 145 of the Charities Act 2011 ('the 2011 Act). In carrying out my examination f have
followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
Independent examiner's statement
Since your charity's gross income exceeded £25,000, your examiner must be a member of a listed body. I can confirm
that I am qualified to undertake the examination because I am a registered member of ICAEW which is one of the
listed bodies.
I have completed my examination.! confirm that no material matters have come to my attention in connection with
the examination which gives me cause to believe that in, any material respect
1.
2.
3.
accounting records were not kept in respect of the Company as required by section 130 of the 2006 Act; or
the accounts do not accord with those records; or
the accounts did not comply with the applicable requirements concerning the form and content of accounts
set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the
accounts give a 'true and fair view which is not a matter considered as part of an independent examination.
I draw users' attention to the going concern information included in the financial review within the Trustees' Report
in order to enable a proper understanding of the accounts to be reached.
I have no other concerns and have come across no other matters in connection with the examination to which
attention should be drawn in this report to enable a proper understanding of the accounts to be reached.
B Aylward
Dorking, SURREY
FCA 9153913,
Date: 23/12/25

Statement of Financial Activities
Including Income and Expenditure Account
For The Year Ended 31 March 2025
Notes
Unrestricted
Funds
Restricted
Funds
€
Total
2025
€
Income
Donations and grants
Charitable activities
Investment income
Other income
Total incoming resources
Expenditure
Charitable activities
Other Expenses
Total expenditure
Net income/(expenditure)
Transfer between reserves
Net movement in funds
Reconciliation of Funds
Fund Balance at 1 April 2024
Total funds carried forward
-
4
-
33,589
118,555
26,808
-
178,952
-
258,203
14,442
-
110,105
272,645
110,105
(93,693)
(110,105)
5,566,740 (5,566,740)
5,473,047 (5,676,845)
1,462,252
5,676,845
6,935,299
-
33,589
118,555
26,808
-
178,952
258,203
124,547
382,750
(203,798)
-
(203,798)
7,139,097
6,935,299
All of the activities of the Charitable Company are classified as continuing.
The notes on pages 12-23 form part of these financial statements.
12
Total
2024
€
6,824
170,947
29,761
-
207,532
263,235
125,865
389,100
(181,568)
-
(181,568)
7,320,665
7,139,097

Moggerhanger House Preservation Trust
Balance Sheet
For the year ended 31 March 2025
Fixed Assets
Tangible Assets
Heritage assets
Investments
Current Assets
Debtors
Cash at bank and in hand
10
Current liabilities
Amounts falling due within one 11
year
Net current assets
Total assets less current liabilities
Long term liabilities
Amounts falling due greater than
12
one year
Net Assets
The funds of the Charity
Restricted funds
Heritage Assets
Restoration of Moggerhanger
House and landscape
Unrestricted funds-General
Unrestricted funds-Designated
Total unrestricted funds
Notes
7
8
9
€
Company No 03439272
2025
€
456,370
5,187,460
1,653,059
7,296,889
2024
580,917
5,187,460
1,653,059
7,421,436
50,595
2,666
53,261
(295,226)
33,997
56
34,053
(183,869)
(241,965)
7,054,924
(149,816)
7,271,619
(119,625)
6,935,299
(132,522)
7,139,097
15/16
-
5,187,460
489,385
1,462,252
1,747,839
5,187,460
6,935,299
6,935,299
5,676,845
1,462,252
7,139,097
10

Moggerhanger House Preservation Trust
Balance Sheet
For the year ended 31 March 2025
Company No 03439272
For the year ending 31 March 2025 the company was entitled to exemption from audit
under section 477 of the Companies Act 2006 related to small companies. The member
has not required the company to obtain an audit in accordance with section 476 of the
Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements
of the Act with respect to accounting records and the preparation of accounts.
These financial statements have been prepared in accordance with the provisions
applicable to
small companies subject to the small companies regime and in
accordance with FRS102 SORP.
The notes on pages 12-23 form part of these financial statements
Approved by the Board of Trustees 23 December 2025 and signed on its behalf by:
Kim Pearson
Trustee
11

Moggerhanger House Preservation Trust
Notes forming part of the Financial Statements
For the year ended 31 March 2025
1.
Accounting Policies
The principal accounting policies adopted, judgements and key sources of
estimation uncertainty in the preparation of the financial statements are as
follows:
(a) Basis of Preparation
The financial statements have been prepared in accordance with
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
Ireland (FRS 102) (effective January 2019) (Charities SORP FRS 102) and the
Companies Act 2011. Assets and liabilities are initially recognised at
historical cost or transaction value unless otherwise stated in the relevant
accounting policy note(s). They are prepared in sterling which is the
functional currency of the Charitable Company and rounded to the nearest
£1.
(b) Preparation of the accounts on a going concern basis
The Trustees have considered the financial sustainability of the charity for
both existing and future funding streams. The Trustees are confident that
both the cost management measures taken as well as the decision to re-
mortgage the existing investment portfolio will secure the immediate future
of the charity. This assessment is made for the next 12 to 18 months and it
is on that on this basis the assessment of the trustees is that the Charity is
a going concern.
(c) Income
All incoming resources are included in the statement of financial activities
when the Charity is entitled to the income, there is sufficient certainty of
receipt and the amount can be quantified with reasonable accuracy. The
following specific policies are applied to particular categories of income.
Donations services or facilities are recognised when the company has control
over the item, any conditions associated with the donated item have been
12

Moggerhanger House Preservation Trust
Notes forming part of the Financial Statements
For the year ended 31 March 2025
met, the receipt of the economic benefit from the use of the company of the
item is probable and such a benefit can be measured reliably. In accordance
with the Charities SORP (FRS 102), the time of volunteers is not recognised.
On receipt donated services and facilities are recognised on the basis of the
value of the gift to the company which is the amount the company would
have been willing to pay to obtain the services/facility of equivalent
economic benefit on the open market; a corresponding amount is then
recognised in expenditure in the period of receipt.
Income tax recoverable in relation to donations received under Gift Aid or
deeds of covenant is recognised at the time of the donation.
Trading income is recognised when an event takes place.
Rental income is recognised when received with any income in advanced
being deferred to the relevant period.
Grant income is recognised in line with the agreement or when expenditure
is incurred.
Interest on funds held on deposit is included when received.
(d) Expenditure
Expenditure is recognised once there is a legal or constructive obligation to
make a payment to a third party, it is probable that settlement will be
required, and the amount of the obligation can be measured reliably.
The accounts are prepared on the accruals basis, liabilities are recognised as
resources expended as soon as there is a legal or constructive obligation
committing the Charity to expenditure.
Expenditure includes any VAT which cannot be fully recovered and is
reported as part of the expenditure to which it relates.
Expenditure on raising funds consists of all those expenses that are incurred
by trading for a fundraising purpose in either donated or brought-in-goods
or in providing non-charitable services to generate income, as well as the
costs associated with attracting voluntary income.
13

Moggerhanger House Preservation Trust
Notes forming part of the Financial Statements
For the year ended 31 March 2025
Expenditure on charitable activities comprise all the resources applied by the
Charity in undertaking its work to meet its charitable objectives as well as the
cost of raising the funds to finance these activities and governance costs.
Charitable activities are all the resources expended by the Charity in the
delivery of goods and services, including its programme and project work
that is directed at the achievement of its charitable aims and objectives.
These costs include direct costs of the charitable activities together with
those support costs incurred that enable these activities to be undertaken,
as well as governance costs which relate to the general running of the Charity
as opposed to the direct management functions inherent in generating
funds, service delivery and programme of project work.
These activities provide the governance infrastructure which allows the
Charity to operate and to generate the information required for public
accountability and include the strategic planning purposes that contribute to
future development of the Charity.
Governance costs include such items as external audit, legal advice for
Trustees and costs associated with the constitutional and statutory
requirements of the Charity.
All costs are allocated between the expenditure categories of the Statement
of Financial Activities (SOFA) on a basis designed to reflect the use of the
resource. Costs relating to a particular activity are allocated directly, others
are apportioned on an appropriate basis.
(e) Tangible fixed assets
Depreciation is provided at the following rates in order to write off each asset
over its estimated useful life: -
Improvements to property -10% on cost
Plant and machinery
-not provided
Fixtures and fittings
-33% on cost
Freehold property improvements relate to landscaping works completed at
Moggerhanger. These works were completed in 2016 and maintenance work
will be required in future years to prevent any visual deterioration. As a
result, the landscaping works were depreciated over 50 years. Since April
2019 the policy was changed to depreciated over 10 years. The Trustees
considered their value to be impaired.
14

Moggerhanger House Preservation Trust
Notes forming part of the Financial Statements
For the year ended 31 March 2025
Antiques relate to items of antique furniture purchased for use within
Moggerhanger House. Although these assets are in use, due to the nature
the Trustees considered their value to be impaired.
(f) Heritage assets
Heritage assets are fixed assets which are of historical significance and are
held in order to support the preservation and conservation objectives of the
Charity. As such, they comprise of Moggerhanger House and ground, which
is carried at the original cost or valuation when it was transferred to the
Charity plus the cost of additions to date to restore both the property and
grounds.
Heritage assets are not depreciated, as the Trustees consider that the lives
of these assets are sufficiently long and their residual value, based on prices
prevailing at the time of acquisition and subsequent valuation, are
sufficiently high that their depreciation is insignificant. Any permanent
diminution in value caused by obsolescence is charged to the SOFA as
appropriate.
Any general repairs and maintenance are written off in the year to which
they relate.
(g) Investment property
Investment property is shown at its most recent valuation. Any aggregate
surplus or deficit arising in changes to fair value is recognised in the SOFA.
(h) Cash at bank and in hand
Cash at bank and cash in hand includes cash and short term highly liquid
investments with a short maturity of three to six months.
(i) Fund Accounting
General funds are unrestricted funds are available for use at the discretion
of the Trustees in furtherance of the general objectives of the Charity and
which have not been designated for other purposes.
Restricted funds can only be used in accordance with specific restrictions
imposed by donor, or which have been raised by the company for a particular
purpose. The cost of raising and administering such funds are charged
15

Moggerhanger House Preservation Trust
Notes forming part of the Financial Statements
For the year ended 31 March 2025
against the specific fund. The aim and use of each restricted fund is set out
in the notes to the financial statements.
2 Legal status of the Trust
The Charity is a company limited by guarantee and has no share capital. In the event
of the charity being wound up, the liability in respect of the guarantee is limited to
£1 per member of the charity.
3 Income
Donations and
Unrestricted
Restricted
legacies income
2025
Total
2025
Total
2024
2025
f
-
Donations
33,589
Total
33,589
There was f2,100 of Restricted Donations in 2024
Charitable activities
Unrestricted
Restricted
income
2025
2025
Events
Accommodation
Tea room and catering
Other
18,951
2,267
69,241
28,096
Total
118,555
All income in 2024 was unrestricted.
Investment
Unrestricted
income
2025
26,755
53
:
-
Restricted
2025
Rents received
Bank Interest
33,589
33,589
6,824
6,824
Total
2025
Total
2024
18,951
2,267
69,241
28.096
118,555
10,899
74,544
74,812
10,692
170,947
Total
2025
€
26,755
53
Total
2024
€
29,580
181
26,808
26,808
29,761
Total
All income in 2024 was unrestricted.
16

Moggerhanger House Preservation Trust
Notes forming part of the Financial Statements
For the year ended 31 March 2025
4 Expenditure
The Statement of Financial Activities provides an analysis of the resources
expended by the charity by the nature of activities undertaken by the charity.
Resources expended are split into two main activity categories:
(a) Expenditure on Charitable Activities and
(b) Costs of raising funds
(a)
Expenditure
on charitable
activities
(b)
Expenditure
on raising
funds
€
2025
Total
2024
Total
Marketing
324
324
Staff costs
61,355
61,355
Catering, Room and event costs
29,636
29,636
Building and ground maintenance
57,561
57,561
Insurance
46,815
46,815
Rates and utilities
19,808
19,808
Telephone
7,512
7,512
Sundries
9,787
9,787
Waste
3,405
3,405
Legal and professional
8,511
8,511
Bad Debts
-
-
Bank charges
1,384
1,384
Bank loan interest
8,526
8,526
Depreciation
124,547
124,547
Governance costs
3,579
3,579
Total Resources Expended
382,750
-
382,750
434
61,577
50,433
27,630
23,271
56,544
6,058
10,540
3,082
9,753
(2,143)
2,386
10,563
125,865
3,108
389,100
In 2024 £277,662 of Charitable expenditure was unrestricted, £111,439 restricted.
All 2024 governance costs were unrestricted.
Net Income/(Expenditure)
Net Income/(Expenditure) is stated after charging/(crediting)-
2025
€
2024
Independent examiner fees
Accountancy fees
Depreciation owned assets
600
2,500
124,547
600
2,500
125,865
17

Moggerhanger House Preservation Trust
Notes forming part of the Financial Statements
For the year ended 31 March 2025
5 Trustees
No Trustee or any persons connected with them received any remuneration or
expenses during the year (2024: nil).
6 Staff costs
2025
€
2024
Wages and salaries
Other pension costs
60,676
679
60,811
766
61,355
61,577
The average number of employees in the year was 6(2024:3).
No employee received employee benefits (excluding employer pension costs) of
more than £60,000 (2024: nil).
7 Tangible Fixed Assets
Costs
As 01 April 2024
Additions
Disposals
As at 31 March 2025
Depreciation
As 01 April 2024
Charge for the year
Disposals
As at 31 March 2025
Net Book Value 31 March 2025
Net Book Value 31 March 2024
Improvements
to property
1,245,000
-
-
1,245,000
696,655
124,500
821,155
423,846
548,345
Plant &
Machinery
32,462
-
-
32,462
-
32,462
32,462
Fixtures and
fittings
221,707
:
221,707
221,598
47
-
221,645
62
109
Total
1,499,169
-
1,499,169
918,253
124,547
1,042,799
456,370
580,917
18

Moggerhanger House Preservation Trust
Notes forming part of the Financial Statements
For the year ended 31 March 2025
8 Heritage assets
Moggerhanger House & grounds
Costs less impairment
As 1 April 2024
Additions
f
5,187,460
-
As at 31 March 2025
5,187,460
Net Book Value 31 March 2025
5,187,460
Net Book Value 31 March 2024
5,187,460
There have been no heritage asset transactions in the last five years.
The Charity holds in trust Moggerhanger House and ground. National and
international standards in the care of the house and grounds and followed with
every endeavour to protect and safeguard the asset for future generations.
9 Investments
Fixed asset Investments
Shares in group
undertakings
Costs
As 01 April 2024
2
As at 31 March 2025
Provisions
As 01 April 2024 and 31 March 2025
2
1
As at 31 March 2025
Net Book Value 31 March 2025
Net Book Value 31 March 2024
1
1
1
There were no investment assets outside of the UK.
At the balance sheet date, the company's investment in shares included -
Moggerhanger Park Services Limited -100% Ordinary shareholding
Registered company number 13621750
Moggerhanger Park Limited
-100% Ordinary shareholding
Registered company number 04964099
19

Moggerhanger House Preservation Trust
Notes forming part of the Financial Statements
For the year ended 31 March 2025
Moggerhanger Park Services Limited (MPSL) was incorporated on 14 September
2021 and is a wholly owned subsidiary of Moggerhanger House Preservation
Trust. On 20 January 2023 liquidators were appointed for MPSL. The balance with
MPSL has therefore been provided for. Moggerhanger Park Limited is a wholly
owned subsidiary of Moggerhanger House Preservation Trust and is currently not
trading.
INVESTMENT PROPERTY
Costs less impairments
As 1 April 2024
1,653,059
As at 31 March 2025
1,653,059
Net Book Value 31 March 2025
1,653,059
Net Book Value 31 March 2024
1,653,059
The valuations were made by Trustees, on an open market value for existing use
basis.
Cost less impairment as at 31 March 2025 is represented by:
Valuation in 2009
Valuation in 2012
Costs
234,035
(100,000)
1,519,024
1,653,059
10 Debtors
2025
2024
Prepayments
Other debtors
47,595
3,000
33,997
-
50,595
33,997
An amount of f15,492 is due from Moggerhanger Park Services Limited (2024:
€15,492) as the company has gone into liquidation, this amount has been fully
provided for as at 31/03/2025. This liquidation remains in the process of being
completed.
20

Moggerhanger House Preservation Trust
Notes forming part of the Financial Statements
For the year ended 31 March 2025
11 Creditors: amounts falling due within one year
Bank loans and overdrafts
Trade creditors
Accruals and deferred income
Taxation and social security
Other creditors
2025
€
25,646
148,278
5,753
7,760
107,789
2024
25,646
122,271
4,600
16,439
14,913
295,226
183,869
As at 31/03/2025, within accruals and deferred income, Enil relates to deferred
income (2024: £1,500).
Within Bank loans and overdraft, £25,646 is a secured debt compromising of a
mortgage on the investment property which sits within investments.
12 Creditors: amounts falling due greater than one year
2025
€
Bank loans
119,625
2024
€
132,522
Total
119,625
132,522
Within Bank loans £119,625 is a secured debt compromising of a mortgage on the
investment property which sits within investments.
13 Taxation
The Company is a registered Charity, and no provision is considered necessary for
taxation to the extent that income and gains are applied to its charitable objects.
14 Related party transactions
One of the Trustees, Kim Pearson, is a director of Green Caterpillar Consulting Ltd
which provided accountancy services during the year of f2,500 (2024: f2,500).
Harvest Vision made donations during the year of £22k (2024: Enil)
There are no other related party transactions.
21

Moggerhanger House Preservation Trust
Notes forming part of the Financial Statements
For the year ended 31 March 2025
15 Analysis of Fund Movements
Balance at 1
April 2024
Restricted Funds
Unrestricted Funds
Total Funds
Restricted Funds
Unrestricted Funds
Total Funds
5,676,845
1,462,252
7,139,097
Balance at 1
April 2023
5,788,284
1,532,382
7,320,665
Movement in funds
Transfer of
funds
Income Expenditure
110,105 (5,566,740)
178,952
272,645
5,566,740
178,952
382,750
Movement in funds
-
Transfer of
funds
Income Expenditure
2,100
€
111,439
205,433
277,663
(2,100)
2,100
207,533
389,100
-
Balance at 31
March 2025
€
-
6,935,299
6,935,299
Balance at 31
March 2024
5,676,845
1,462,252
7,139,097
16 Analysis of Net Assets Between Funds
Fund balances at 31 March 2025 are represented by:
Fixed Assets
Current Assets
Current liabilities
Long term liabilities
Total
Unrestricted
funds
€
7,296,889
53,261
(295,226)
(119,625)
6,935,299
Restricted
funds
Total
€
-
7,296,889
53,261
(295,226)
(119,625)
6,935,299
The Heritage assets (note 8) are contained within the Fixed assets balance. The
remainder comprises unrestricted funds.
22

Moggerhanger House Preservation Trust
Notes forming part of the Financial Statements
For the year ended 31 March 2025
Fund balances at 31 March 2024 are represented by:
Fixed Assets
Current Assets
Current liabilities
Long term liabilities
Total
€
5,676,845
1,744,591
34,053
(183,870)
(132,522)
1,462,252
5,676,845
7,421,436
34,053
(183,870)
(132,522)
7,139,097
As of 31 March 2025, the Charity decided to transfer the restricted income funds
to the unrestricted funds. This decision was made because the funds originally
gifted for property repairs are no longer subject to any conditions, allowing the
Charity to use the asset freely for any charitable purpose.
17 Post Balance Sheet Events
In May 2026, the Charity remortgaged with Hampshire Trust for £338,640. The
mortgage is secured against the property and fixed for 60 months at an interest
rate of 7.19%. Of this amount, f105,459 of this was used for the redemption of
the existing secured debt with Virgin Money.
23