**REGISTERED COMPANY NUMBER: 03522981 (England and Wales) REGISTERED CHARITY NUMBER: 1068784**
## **Report of the Trustees and**
## **Unaudited Financial Statements**
**For The Year Ended 31 December 2022**
**for**
**Hartpury Heritage Trust**
Kingscott Dix Limited Chartered Accountants Goodridge Court Goodridge Avenue Gloucester Gloucestershire GL2 5EN
**Hartpury Heritage Trust**
## **Contents of the Financial Statements For The Year Ended 31 December 2022**
|||**Page**||
|---|---|---|---|
|**Report of the Trustees**|1|to|3|
|**Independent Examiner's Report**||4||
|**Statement of Financial Activities**||5||
|**Balance Sheet**|6|to|7|
|**Notes to the Financial Statements**|8|to|20|
|**Detailed Statement of Financial Activities**|21|to|22|
**Hartpury Heritage Trust**
## **Report of the Trustees For The Year Ended 31 December 2022**
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 December 2022. The trustees have adopted the provisions of 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 1 January 2019).
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
To advance the education of the general public by the conservation, protection and improvement of any part of the physical and natural environment in and around the parish of Hartpury which is of historical significance.
## **Significant activities**
The buildings and objects restored and maintained by the Trust now consist of the following: The Church of St Mary's Hartpury (in association with the Parochial Church Council) The Old Dominican Chapel, Hartpury. The Hartpury Orchard Centre (opened Autumn 2008) The Bee Shelter in Hartpury churchyard The Milestone The Perry Pear Orchard The Orchard Library
## **Grantmaking**
The Trust contributes to the upkeep of St Mary's Parish Church Hartpury.
## **ACHIEVEMENT AND PERFORMANCE Charitable activities**
## **Review of progress and achievements:**
As we emerge from the covid pandemic activities have slowly begun to return to normal. We did not hold our usual Wassail, but the Dawn Chorus walk took place as usual, although numbers were slightly down. A number of groups came to visit the orchards and learn about perry during the summer, but it was not until the autumn that our events properly returned to normal at the Orchard Centre. The Old Chapel is still very underused with no events apart from the Heritage weekend and very few bookings. We hope this will change once we have a carpark. The church does however make rather more use of it and covers the running costs. As the year drew to a close, we took on another building in urgent need of rescue, the Old Forge, lying between the Church and Old Chapel. The Church will be the main user of the first floor and the ground floor will store the spare chairs, tables and other furniture used in the Olde Chapel. In due course an air-sourced heat conversion unit will also be installed to take over the Old Chapel heating when the oil-fired boiler needs replacing.
This year we split the Heritage weekend, with the first Saturday focussing on the buildings surrounding the Church and the Orchard Centre holding its open day with the perry pear display on the Sunday of the following weekend. Very few came to see the Church, but there was much interest in the Mill and the ongoing work. There was understandably only limited access to the Tithe barn because building work is still ongoing. A final decision has yet to be made, but it is likely that next year we will move our heritage events away from the National week because that clashes with so many Gloucester history events.
This year we made a particular effort to improve the educational element of our Malvern perry display and were rewarded by receiving an RHS Gold Medal. The show was also a significant fundraiser, with our total takings being nearly £1,800. A most successful show season ended with our usual weekend at Hellens with Big Apple. The year ended with a surprisingly good turnout at our first ever Christmas Market at the Orchard Centre. We can build on this event in future years, accepting that it will always be very weather dependent.
Our accounts show how much our income depends upon events taking place in September and October. To extend this throughout the year, in 2023 we are aiming to hold at least one event each month.
The new building housing vintage cider making equipment and providing an introduction for visitors to the Centre and Nature Reserve was at the year-end nearing completion, but the application for the carpark next to the church slowly progressing through the planning process. The threatened extension of shooting on the adjoining range is still threatening with the planning application scheduled to be determined in February - we are continuing to object most strongly as are most local residents.
Page 1
**Hartpury Heritage Trust**
## **Report of the Trustees For The Year Ended 31 December 2022**
## **ACHIEVEMENT AND PERFORMANCE**
## **Investment performance**
Investments are placed with the CBF Church of England Investment Funds.
## **FINANCIAL REVIEW**
## **Reserves policy**
Income which is project based is utilised in meeting that project and reserves are only accumulated in the the interim until the expenditure is met.
## **Funds in deficit**
All funds are fully funded and any deficit which arises is only short term resulting from claims against guaranteed funders which have not yet been received.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
Constitution as a non profit distributing body incorporated in England and Wales and limited by guarantee.
## **Recruitment and appointment of new trustees**
New trustees are appointed as required by the other trustees from those with an active interest in the objects of the trust.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Registered Company number**
03522981 (England and Wales)
## **Registered Charity number**
1068784
## **Registered office**
The Orchard Centre Blackwells End Hartpury Gloucestershire GL19 3DB
## **Trustees**
J R Chapman Mrs H B Chapman Mrs M McGhee Mrs P Drury Mrs M Bailey S R French
## **Company Secretary**
Mrs H B Chapman
Page 2
## **Hartpury Heritage Trust**
## **Report of the Trustees For The Year Ended 31 December 2022**
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Independent Examiner**
Paul A Reynaert A director of Kingscott Dix Limited Chartered Accountants Goodridge Court Goodridge Avenue Gloucester Gloucestershire GL2 5EN
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Approved by order of the board of trustees on 28 March 2023 and signed on its behalf by:
J R Chapman - Trustee
Page 3
## **Independent Examiner's Report to the Trustees of Hartpury Heritage Trust**
## **Independent examiner's report to the trustees of Hartpury Heritage Trust ('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2022.
## **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 2006 ('the 2006 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 I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act 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; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
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.
Paul A Reynaert A director of
Kingscott Dix Limited Chartered Accountants Goodridge Court Goodridge Avenue Gloucester Gloucestershire GL2 5EN
4 April 2023
Page 4
## **Hartpury Heritage Trust**
## **Statement of Financial Activities**
## **For The Year Ended 31 December 2022**
|Notes
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
Other trading activities
3
Investment income
4
**Total**
**EXPENDITURE ON**
Raising funds
**Charitable activities**
5
Orchard Perry Pear Project
Church of St Mary
Churchyard
Hartpury Restored Chapel
Bee Shelter
General
Landfill Fund
Car Park
Culture Recovery Project
Other
**Total**
Net gains/(losses) on investments
**NET INCOME/(EXPENDITURE)**
**Transfers between funds**
17
**Net movement in funds**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**|Unrestricted
funds
£
34,821
4,449
9
39,279
(4,445)
5,768
4,677
-
6,738
-
1,946
-
-
-
-
14,684
-
24,595
8,501
33,096
125,386
158,482|Restricted
funds
£
21,084
-
9,831
30,915
-
8,922
-
-
5,502
2,548
-
2,296
660
-
-
19,928
(46,340)
(35,353)
(8,501)
(43,854)
1,160,022
1,116,168|31.12.22
Total
funds
£
55,905
4,449
9,840
70,194
(4,445)
14,690
4,677
-
12,240
2,548
1,946
2,296
660
-
-
34,612
(46,340)
(10,758)
-
(10,758)
1,285,408
1,274,650|31.12.21
Total
funds
£
42,282
7,344
9,768|
|---|---|---|---|---|
|||||59,394|
|||||1,160
13,075
6,684
300
10,622
2,548
600
-
-
18,937
780|
|||||54,706|
|||||26,471|
|||||31,159
-|
|||||31,159
1,254,249|
|||||1,285,408|
The notes form part of these financial statements
Page 5
## **Hartpury Heritage Trust**
## **Balance Sheet 31 December 2022**
|Notes
**FIXED ASSETS**
Tangible assets
10
Heritage assets
11
Investments
12
**CURRENT ASSETS**
Stocks
13
Debtors
14
Cash at bank
**CREDITORS**
Amounts falling due within one year
15
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**NET ASSETS**
**FUNDS**
17
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|Unrestricted
funds
£
12,868
27,323
-
40,191
19,660
120,716
-
140,376
(22,085)
118,291
158,482
158,482|Restricted
funds
£
516,129
227,542
350,899
1,094,570
-
472
21,122
21,594
4
21,598
1,116,168
1,116,168|31.12.22
Total
funds
£
528,997
254,865
350,899
1,134,761
19,660
121,188
21,122
161,970
(22,081)
139,889
1,274,650
1,274,650
158,482
1,116,168
1,274,650|31.12.21
Total
funds
£
519,932
263,891
397,239
1,181,062
15,215
67,272
22,860
105,347
(1,001)
104,346
1,285,408
1,285,408
125,386
1,160,022
1,285,408|
|---|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2022.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2022 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
Page 6
continued...
**Hartpury Heritage Trust**
## **Balance Sheet - continued 31 December 2022**
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 28 March 2023 and were signed on its behalf by:
J R Chapman - Trustee
The notes form part of these financial statements
Page 7
**Hartpury Heritage Trust**
## **Notes to the Financial Statements**
## **For The Year Ended 31 December 2022**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets.
## **Income**
All income is recognised in the Statement of Financial 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.
## **Expenditure**
Liabilities are 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. Expenditure is accounted for on an accruals basis and has been classified under headings 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.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost Plant and machinery - 25% on cost and 10% on cost
## **Heritage assets**
The trust preserves two heritage assets, the Old Chapel at Hartpury which it acquired and refurbished and the Bee Shelter which has been relocated and restored.
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life of 50 years.
Heritage assets - 2% on cost
## **Stocks**
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
## **Taxation**
The trust is exempt from corporation tax on its charitable activities.
## **Fund accounting**
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 funds are raised for particular restricted purposes.
Page 8
continued...
**Hartpury Heritage Trust**
## **Notes to the Financial Statements - continued For The Year Ended 31 December 2022**
## **1. ACCOUNTING POLICIES - continued**
## **Fund accounting**
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **2. DONATIONS AND LEGACIES**
|**2.**|**DONATIONS AND LEGACIES**|||
|---|---|---|---|
|||31.12.22|31.12.21|
|||£|£|
||Donations|41,228|12,940|
||Gift aid|14,677|5,937|
||Grants|-|21,900|
||Hall hire|-|1,505|
|||55,905|42,282|
||Grants received, included in the above, are as follows:|||
|||31.12.22|31.12.21|
|||£|£|
||Other grants|-|21,900|
||The Trust has received this money from the Cultural Recovery Fund.|||
|**3.**|**OTHER TRADING ACTIVITIES**|||
|||31.12.22|31.12.21|
|||£|£|
||Fundraising events|4,083|7,213|
||Hall hire|366|131|
|||4,449|7,344|
|**4.**|**INVESTMENT INCOME**|||
|||31.12.22|31.12.21|
|||£|£|
||Shares in group undertakings|-|(160)|
||Deposit account interest|9,840|9,928|
|||9,840|9,768|
Page 9
continued...
## **Hartpury Heritage Trust**
## **Notes to the Financial Statements - continued For The Year Ended 31 December 2022**
## **5. CHARITABLE ACTIVITIES COSTS**
|**5.**|**CHARITABLE ACTIVITIES COSTS**|||||||
|---|---|---|---|---|---|---|---|
|||||Grant||||
|||||funding|of|||
|||||activities||||
|||Direct||(see note||Support||
|||Costs||6)||costs|Totals|
|||£||£||£|£|
||Orchard Perry Pear Project|14,665||25||-|14,690|
||Church of St Mary||-||-|4,677|4,677|
||Hartpury Restored Chapel|12,240|||-|-|12,240|
||Bee Shelter|2,548|||-|-|2,548|
||General|1,166|||-|780|1,946|
||Landfill Fund|2,296|||-|-|2,296|
||Car Park|660|||-|-|660|
|||33,575||25||5,457|39,057|
|**6.**|**GRANTS PAYABLE**|||||||
|||||||31.12.22|31.12.21|
|||||||£|£|
||Orchard Perry Pear Project|||||25|25|
||Churchyard|||||-|300|
|||||||25|325|
||The total grants paid to institutions during the year was as follows:|||||||
|||||||31.12.22|31.12.21|
|||||||£|£|
||Church Grant St Marys Hartpury|||||-|300|
|**7.**|**NET INCOME/(EXPENDITURE)**|||||||
||Net income/(expenditure) is stated after charging/(crediting):|||||||
|||||||31.12.22|31.12.21|
|||||||£|£|
||Depreciation - owned assets|||||12,019|11,596|
Page 10
continued...
**Hartpury Heritage Trust**
## **Notes to the Financial Statements - continued For The Year Ended 31 December 2022**
## **8. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 December 2022 nor for the year ended 31 December 2021.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 December 2022 nor for the year ended 31 December 2021.
## **9. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
|**INCOME AND ENDOWMENTS FROM**
Donations and legacies
Other trading activities
Investment income
**Total**
**EXPENDITURE ON**
Raising funds
**Charitable activities**
Orchard Perry Pear Project
Church of St Mary
Churchyard
Hartpury Restored Chapel
Bee Shelter
General
Culture Recovery Project
Other
**Total**
Net gains on investments
**NET INCOME**
**Transfers between funds**
**Net movement in funds**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**|Unrestricted
funds
£
42,282
7,344
(159)
49,467
1,160
1,620
6,684
-
5,120
-
600
18,937
780
34,901
-
14,566
8,069
22,635
102,750
125,385|Restricted
funds
£
-
-
9,927
9,927
-
11,455
-
300
5,502
2,548
-
-
-
19,805
26,471
16,593
(8,069)
8,524
1,151,499
1,160,023|Total
funds
£
42,282
7,344
9,768|
|---|---|---|---|
||||59,394|
||||1,160
13,075
6,684
300
10,622
2,548
600
18,937
780|
||||54,706|
||||26,471|
||||31,159
-|
||||31,159
1,254,249|
||||1,285,408|
Page 11
continued...
## **Hartpury Heritage Trust**
## **Notes to the Financial Statements - continued For The Year Ended 31 December 2022**
|**10.**
**TANGIBLE FIXED ASSETS**
**COST**
At 1 January 2022
Additions
At 31 December 2022
**DEPRECIATION**
At 1 January 2022
Charge for year
At 31 December 2022
**NET BOOK VALUE**
At 31 December 2022
At 31 December 2021|Freehold
property
£
652,466
21,084
673,550
132,534
12,019
144,553
528,997
519,932|Plant and
machinery
£
21,865
-
21,865
21,865
-
21,865
-
-|Totals
£
674,331
21,084|
|---|---|---|---|
||||695,415|
||||154,399
12,019|
||||166,418|
||||528,997|
||||519,932|
Included in cost or valuation of land and buildings is freehold land of £86,831 (2021 - £86,831) which is not depreciated.
## **11. HERITAGE ASSETS**
|**COST LESS IMPAIRMENT**
At 1 January 2022 and 31 December 2022
**PROVISIONS**
At 1 January 2022
Charge for year
At 31 December 2022
**NET BOOK VALUE**
At 31 December 2022
At 31 December 2021|Total
£
446,745|
|---|---|
||182,854
9,026|
||191,880|
||254,865|
||263,891|
Page 12
continued...
## **Hartpury Heritage Trust**
## **Notes to the Financial Statements - continued For The Year Ended 31 December 2022**
## **12. FIXED ASSET INVESTMENTS**
|Shares in
group
Unlisted
undertakings
investments
£
£
**COST LESS IMPAIRMENT**
At 1 January 2022
17,921
379,318
Revaluations
-
(46,340)
At 31 December 2022
17,921
332,978
**NET BOOK VALUE**
At 31 December 2022
17,921
332,978
At 31 December 2021
17,921
379,318|Totals
£
397,239
(46,340)
350,899
350,899
397,239|
|---|---|
There were no investment assets held outside the UK.
The Trust holds the following investments:-
|Shares|Original|Market|Market|
|---|---|---|---|
|held|cost|value|value|
|31.12.2022||31.12.22|31.12.21|
||£|£|£|
|||||
|CBF C of E Investment Fund
11,598.84|113,781|239,468|271,259|
|CBF C of E Fixed Interest Securities
Fund
63,392.99|106,272|86,601|100,155|
|CBF C of E Investment Fund
172.34|1,731|3,558|4,030|
|CBF C of E Fixed Interest Securities
Fund
2,452.34|4,129|3,350|3,874|
|||||
||225,913|332,977|379,318|
|||||
The investments were originally received from Hartpury Parochial Church Council as donations which included restrictions on the utilisation of the money for the maintenance of the Church and Churchyard and its buildings.
In 2016, the company was gifted one share (33.33%) in Orchard guardians CIC (formerly Hartpury Orchards Limited) which which is acquired at one third of its balance sheet value £17,921.A further 33.33% was acquired by gift on 01/02/2021 making it a subsidiary. The value of this gift is shown as £nil based on the balance sheet values and the social investment policy.
In 2018, Hartpury Heritage Trust acquired 100% (£6,148) of the shares of Hartpury Fruit Processing Ltd. This company is now in the process of winding up.
Page 13
continued...
**Hartpury Heritage Trust**
## **Notes to the Financial Statements - continued For The Year Ended 31 December 2022**
## **12. FIXED ASSET INVESTMENTS - continued**
Cost or valuation at 31 December 2022 is represented by:
|Shares in
group
Unlisted
undertakings
investments
£
£
Valuation in 2022
-
(46,340)
Cost
17,921
379,318
17,921
332,978|Totals
£
(46,340)
397,239
350,899|
|---|---|
The company's investments at the balance sheet date in the share capital of companies include the following:
## **Subsidiaries**
The subsidiary Hartpury Processing Ltd is in the process of winding up and has no value at the balance sheet date.
## **Orchard Guardians CIC**
Registered office: United Kingdom Nature of business: Orchard services
|**Orchard Guardians CIC**
Registered office: United Kingdom
Nature of business: Orchard services||||
|---|---|---|---|
||%|||
|Class of share:|holding|||
|Ordinary|67|||
|||31.12.22|31.12.21|
|||£|£|
|Aggregate capital and reserves||8,514|25,897|
|Loss for the period||(17,383)|(49,138)|
In 2016 the company was gifted one share (33.33%) in Orchard guardians CIC (formerly Hartpury Orchards Limited) which which is acquired at one third of its balance sheet value £17921. The investment constitutes a Programme related Investment in that its objects further the aims of the Charity
and the Investment is not retained for any monetary return.
In February 2021 the Trust was gifted a further 33% of the company.
No impairment of this investment is necessary as the company is supported by an individual who has expressed his intention not to seek repayment of monies owed to him.
## **Associated company**
The previous associated company Orchard Guardians CIC has become a subsidiary by virtue of a gift of a further third of its share capital.
Page 14
continued...
## **Hartpury Heritage Trust**
## **Notes to the Financial Statements - continued For The Year Ended 31 December 2022**
|**13.**|**STOCKS**|||
|---|---|---|---|
|||31.12.22|31.12.21|
|||£|£|
||Stocks|19,660|15,215|
|**14.**|**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||
|||31.12.22|31.12.21|
|||£|£|
||Trade debtors|9,961|3,264|
||Amounts owed by group undertakings|108,000|61,000|
||Prepayments and accrued income|3,227|3,008|
|||121,188|67,272|
|**15.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||
|||31.12.22|31.12.21|
|||£|£|
||Bank loans and overdrafts (see note 16)|21,084|-|
||Accrued expenses|997|1,001|
|||22,081|1,001|
|**16.**|**LOANS**|||
||An analysis of the maturity of loans is given below:|||
|||31.12.22|31.12.21|
|||£|£|
||Amounts falling due within one year on demand:|||
||Bank overdrafts|21,084|-|
Page 15
continued...
## **Hartpury Heritage Trust**
## **Notes to the Financial Statements - continued For The Year Ended 31 December 2022**
## **17. MOVEMENT IN FUNDS**
|**Unrestricted funds**
General fund
**Restricted funds**
Churchyard Investments
Church of St Mary Investments
Orchard Cohort Project
Bee Shelter
Hartpury Restored Chapel
Landfill Communities Fund
Churchyard Income
Church of St Mary Income
Orchard Guardians CIC
Car Park
The Old Forge
**TOTAL FUNDS**
Net movement in funds, included in the above
**Unrestricted funds**
General fund
**Restricted funds**
Churchyard Investments
Church of St Mary Investments
Orchard Cohort Project
Bee Shelter
Hartpury Restored Chapel
Landfill Communities Fund
Churchyard Income
Church of St Mary Income
Car Park
The Old Forge
**TOTAL FUNDS**|At 1.1.22
£
125,386
7,905
371,413
383,314
81,520
154,072
98,709
308
13,671
17,921
31,189
-
1,160,022
1,285,408
are as follows:
Incoming
resources
£
39,279
-
-
-
-
-
1
203
9,626
-
21,085
30,915
70,194|Net
movement
in funds
£
24,595
(996)
(45,344)
(8,500)
(2,548)
(5,502)
(2,295)
203
9,626
-
(660)
20,663
(35,353)
(10,758)
Resources
expended
£
(14,684)
-
-
(8,500)
(2,548)
(5,502)
(2,296)
-
-
(660)
(422)
(19,928)
(34,612)|Transfers
between
funds
£
8,501
-
-
-
-
-
-
-
(8,501)
-
-
-
(8,501)
-
Gains and
losses
£
-
(996)
(45,344)
-
-
-
-
-
-
-
-
(46,340)
(46,340)|At
31.12.22
£
158,482
6,909
326,069
374,814
78,972
148,570
96,414
511
14,796
17,921
30,529
20,663
1,116,168
1,274,650
Movement
in funds
£
24,595
(996)
(45,344)
(8,500)
(2,548)
(5,502)
(2,295)
203
9,626
(660)
20,663
(35,353)
(10,758)|
|---|---|---|---|---|
Page 16
continued...
**Hartpury Heritage Trust**
## **Notes to the Financial Statements - continued For The Year Ended 31 December 2022**
## **17. MOVEMENT IN FUNDS - continued**
## **Comparatives for movement in funds**
|Net
movement
At 1.1.21
in funds
£
£
**Unrestricted funds**
General fund
102,750
14,567
**Restricted funds**
Churchyard Investments
7,690
215
Church of St Mary Investments
345,156
26,257
Orchard Cohort Project
391,813
(8,499)
Bee Shelter
84,068
(2,548)
Hartpury Restored Chapel
159,574
(5,502)
Landfill Communities Fund
101,005
(2,296)
Churchyard Income
397
(89)
Church of St Mary Income
12,026
9,714
Orchard Guardians CIC
17,921
-
Car Park
31,849
(660)
1,151,499
16,592
**TOTAL FUNDS**
1,254,249
31,159
Comparative net movement in funds, included in the above are as follows:|Transfers
between
funds
£
8,069
-
-
-
-
-
-
-
(8,069)
-
-
(8,069)
-|At
31.12.21
£
125,386
7,905
371,413
383,314
81,520
154,072
98,709
308
13,671
17,921
31,189|
|---|---|---|
|||1,160,022|
|||1,285,408|
||||
||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|
||resources|expended|losses|in funds|
||£|£|£|£|
|**Unrestricted funds**|||||
|General fund|49,467|(34,900)|-|14,567|
|**Restricted funds**|||||
|Churchyard Investments|1|-|214|215|
|Church of St Mary Investments|-|-|26,257|26,257|
|Orchard Cohort Project|1|(8,500)|-|(8,499)|
|Bee Shelter|-|(2,548)|-|(2,548)|
|Hartpury Restored Chapel|-|(5,502)|-|(5,502)|
|Landfill Communities Fund|-|(2,296)|-|(2,296)|
|Churchyard Income|211|(300)|-|(89)|
|Church of St Mary Income|9,714|-|-|9,714|
|Car Park|-|(660)|-|(660)|
||9,927|(19,806)|26,471|16,592|
|**TOTAL FUNDS**|59,394|(54,706)|26,471|31,159|
Page 17
continued...
**Hartpury Heritage Trust**
## **Notes to the Financial Statements - continued For The Year Ended 31 December 2022**
## **17. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined position is as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
Churchyard Investments
Church of St Mary Investments
Orchard Cohort Project
Bee Shelter
Hartpury Restored Chapel
Landfill Communities Fund
Churchyard Income
Church of St Mary Income
Orchard Guardians CIC
Car Park
The Old Forge
**TOTAL FUNDS**|At 1.1.21
£
102,750
7,690
345,156
391,813
84,068
159,574
101,005
397
12,026
17,921
31,849
-
1,151,499
1,254,249|Net
movement
in funds
£
39,162
(781)
(19,087)
(16,999)
(5,096)
(11,004)
(4,591)
114
19,340
-
(1,320)
20,663
(18,761)
20,401|Transfers
between
funds
£
16,570
-
-
-
-
-
-
-
(16,570)
-
-
-
(16,570)
-|At
31.12.22
£
158,482
6,909
326,069
374,814
78,972
148,570
96,414
511
14,796
17,921
30,529
20,663|
|---|---|---|---|---|
|||||1,116,168|
|||||1,274,650|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|
||resources|expended|losses|in funds|
||£|£|£|£|
|**Unrestricted funds**|||||
|General fund|88,746|(49,584)|-|39,162|
|**Restricted funds**|||||
|Churchyard Investments|1|-|(782)|(781)|
|Church of St Mary Investments|-|-|(19,087)|(19,087)|
|Orchard Cohort Project|1|(17,000)|-|(16,999)|
|Bee Shelter|-|(5,096)|-|(5,096)|
|Hartpury Restored Chapel|-|(11,004)|-|(11,004)|
|Landfill Communities Fund|1|(4,592)|-|(4,591)|
|Churchyard Income|414|(300)|-|114|
|Church of St Mary Income|19,340|-|-|19,340|
|Car Park|-|(1,320)|-|(1,320)|
|The Old Forge|21,085|(422)|-|20,663|
||40,842|(39,734)|(19,869)|(18,761)|
|**TOTAL FUNDS**|129,588|(89,318)|(19,869)|20,401|
Page 18
continued...
**Hartpury Heritage Trust**
## **Notes to the Financial Statements - continued For The Year Ended 31 December 2022**
## **17. MOVEMENT IN FUNDS - continued**
## **Transfers between funds**
The restricted fund representing investment income to the trust on investments held for the benefit of St Mary's Hartpury has been reduced by £8070 to reflect expenditure made by the trust relating to chapel expenditure which is now agreed will be the Church's full responsibility as will the income entitlement.
## **18. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 December 2022.
## **19. RESTRICTED FUNDS**
Restricted funds consist of the following funded projects and reserves:
Churchyard: The investments donated by the Church Council of St Mary's Hartpury to preserve and maintain the Church yard
Church of St Mary's: Investments donated by the Church council to be used to maintain the fabric of St Mary's Church
Hartpury Orchard Centre: Funds donated to acquire land to grow historical varieties of pear trees and to construct a Centre to promulgate the produce.
Bee Shelter: Funds donated to relocate and restore the unique bee shelter in the grounds of Hartpury Church.
The Old Chapel: The funds donated to refurbish the former Dominican Chapel in Hartpury.
GOG project: Gloucestershire Orchard Group are being funded to establish a rural training centre.
Landfill Communities Fund: The original grant donated by the Gloucestershire Environmental Trust was to enable DNA research work on the perry pear collection to be continued and the publication of Charles Martell's definitive perry pear manual as well as a full programme of orchard related activities.This has been published and transferred to general stock.
The fund also gave a grant to construct a library and office which is now built and the fund balance represents the property value.
Heritage Lottery Fund: Grant was donated for the same purposes as the Landfill Communities Fund above.
There were specific funds received towards the acquisition of land upon which could be constructed a car park for use by the Church and the Old Chapel.
## The Old Forge
The trustees have purchased the Old Forge adjoining the other buildings with a view to its preservation and its adaptation to enhance the other facilities on the site.
Page 19
continued...
**Hartpury Heritage Trust**
## **Notes to the Financial Statements - continued For The Year Ended 31 December 2022**
## **20. LIMITED LIABILITY**
The Trust is a limited liability company incorporated in England and Wales. Its liability is limited to the guarantee of its current members and any members of the previous year subject to a limit of £1 per member.
Page 20
## **Hartpury Heritage Trust**
## **Detailed Statement of Financial Activities For The Year Ended 31 December 2022**
||31.12.22|31.12.21|
|---|---|---|
||£|£|
|**INCOME AND ENDOWMENTS**|||
|**Donations and legacies**|||
|Donations|41,228|12,940|
|Gift aid|14,677|5,937|
|Grants|-|21,900|
|Hall hire|-|1,505|
||55,905|42,282|
|**Other trading activities**|||
|Fundraising events|4,083|7,213|
|Hall hire|366|131|
||4,449|7,344|
|**Investment income**|||
|Shares in group undertakings|-|(160)|
|Deposit account interest|9,840|9,928|
||9,840|9,768|
|**Total incoming resources**|70,194|59,394|
|**EXPENDITURE**|||
|**Other trading activities**|||
|Opening stock|15,215|16,375|
|Closing stock|(19,660)|(15,215)|
||(4,445)|1,160|
|**Charitable activities**|||
|Rates and water|152|127|
|Insurance|4,084|3,754|
|Light and heat|1,100|260|
|Sundries|215|1,982|
|Property repairs|6,979|25,695|
|Freehold property depreciation|18,497|18,075|
|Heritage asset 2|2,548|2,548|
|Grants to institutions|25|325|
||33,600|52,766|
|**Support costs**|||
|**Governance costs**|||
|Accountancy and legal fees|780|780|
|Carried forward|780|780|
This page does not form part of the statutory financial statements
Page 21
## **Hartpury Heritage Trust**
|**Detailed Statement of Financial Activities**|||
|---|---|---|
|**For The Year Ended 31 December 2022**|||
||31.12.22|31.12.21|
||£|£|
|**Governance costs**|||
|Brought forward|780|780|
|Legal fees|4,677|-|
||5,457|780|
|Total resources expended|34,612|54,706|
|**Net income before gains and losses**|35,582|4,688|
|**Realised recognised gains and losses**|||
|Realised gains/(losses) on fixed asset|||
|investments|(46,340)|26,471|
|**Net (expenditure)/income**|(10,758)|31,159|
This page does not form part of the statutory financial statements
Page 22