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 2024
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 2024
| 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 17 |
Hartpury Heritage Trust (Registered number: 03522981)
Report of the Trustees For The Year Ended 31 December 2024
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 2024. 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.
Page 1
Hartpury Heritage Trust (Registered number: 03522981)
Report of the Trustees For The Year Ended 31 December 2024
ACHIEVEMENT AND PERFORMANCE Charitable activities Review of progress and achievements:
The Old Chapel income from lettings more than doubled in 2024, but is still not sufficient to cover overheads, however Hartpury Church continues to make good use of it and covers the shortfall. During the year we fitted wall heaters with the intention of replacing the oil-fired boiler if they prove sufficient. They will be far more suitable for shorter lettings.
Work on the restoration of the Old Forge is at last well underway, with completion expected in late spring 2025. This will include a new septic tank which will also serve the Old Chapel, avoiding the need for twice yearly pump-outs.
The carpark shared with the church is working well and is very unobtrusive. Most of the paddock is mown so that it can be used for various activities, such as the church plant sale, but a section is being planted as a small heritage orchard, with significant local and other historic fruit varieties. The grass is allowed to grow in the remainder encouraging a wider rage of biodiversity. The church organised an ecology morning to highlight the issue.
Trustees Steve French and Jim Chapman walked around the orchards and wetlands at the Orchard Centre with Laurence Richards the GWT Agroforestry adviser and Andy Ellis, a trustee of Gloucestershire Orchard Trust. GOT is interested in taking over responsibility for the orchards, provided they can sort out the stewardship grant, which is due for renewal in 2026. Laurence will be advising us on the options available for stewardship funding and ways in which we can improve the conservation value of both orchards and wetland. We had intended to hold our usual Wassail at the start of the year, but this had to be cancelled due to the extremely wet ground conditions making parking difficult. We might need to consider a similar carpark to that at the church. The date we chose for our Blossom Day celebrations was rather after most blossom was over, nonetheless many came and walked around the orchards enjoying a cup of tea afterwards. Gordon Kirk kindly led our Dawn Chorus walk as Keith again had family commitments. In June we set up our usual display at the Royal Three Counties show.
We held our Plum Day in August, displaying a wider range of plum varieties thanks in part to Gloucestershire Orchard Trust's Longney orchards. The display was again well received, and we will try to make it an annual fixture. In September, our own perry display was again on a Saturday, due to the car rally on the Sunday. We were awarded a gold medal for our perry pear display at the Malvern Show. We supplied the pears for the Perry Day at the Hereford Courtyard theatre event and finally the Big Apple weekend brought to an end an exhausting season. Interspersed with these activities were the usual number of groups visiting the Orchard Centre.
Peter Mitchell held his last training week at the Centre during the year. Following his retirement and Chris Atkins' decision to give up cider and perry production it seemed a good opportunity to review perry production at the Centre
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 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.
Page 2
Hartpury Heritage Trust (Registered number: 03522981)
Report of the Trustees For The Year Ended 31 December 2024
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 R McGhee Mrs P Drury Mrs M Bailey S W French
Company Secretary Mrs H B Chapman
Independent Examiner
Mark Spashett FCA 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 22 April 2025 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 2024.
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:
-
accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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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
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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.
Mark Spashett FCA
Kingscott Dix Limited Chartered Accountants Goodridge Court Goodridge Avenue Gloucester Gloucestershire GL2 5EN
23 April 2025
Page 4
Hartpury Heritage Trust
Statement of Financial Activities
For The Year Ended 31 December 2024
| 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 Hartpury Restored Chapel Bee Shelter General Landfill Fund Car Park Old Forge Total Net gains on investments NET INCOME/(EXPENDITURE) RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
Unrestricted funds £ 19,019 7,192 701 26,912 1,900 8,759 8,850 8,793 - 4,317 - - - 32,619 - (5,707) 224,948 219,241 |
Restricted funds £ - - 8,570 8,570 - 8,500 75,000 5,502 2,548 - 2,296 660 296 94,802 6,660 (79,572) 1,120,412 1,040,840 |
31.12.24 Total funds £ 19,019 7,192 9,271 35,482 1,900 17,259 83,850 14,295 2,548 4,317 2,296 660 296 127,421 6,660 (85,279) 1,345,360 1,260,081 |
31.12.23 Total funds £ 36,944 37,990 9,335 84,269 1,486 13,522 150 20,037 2,548 862 2,296 660 422 41,983 28,424 70,710 1,274,650 1,345,360 |
|---|---|---|---|---|
The notes form part of these financial statements
Page 5
Hartpury Heritage Trust (Registered number: 03522981)
Balance Sheet
31 December 2024
| 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 16 Unrestricted funds Restricted funds TOTAL FUNDS |
Unrestricted funds £ 36,486 25,371 - 61,857 16,600 131,570 10,355 158,525 (1,141) 157,384 219,241 219,241 |
Restricted funds £ 492,754 211,442 293,760 997,956 - 17,091 25,793 42,884 - 42,884 1,040,840 1,040,840 |
31.12.24 Total funds £ 529,240 236,813 293,760 1,059,813 16,600 148,661 36,148 201,409 (1,141) 200,268 1,260,081 1,260,081 219,241 1,040,840 1,260,081 |
31.12.23 Total funds £ 516,982 245,839 379,323 1,142,144 18,348 180,714 5,154 204,216 (1,000) 203,216 1,345,360 1,345,360 224,948 1,120,412 1,345,360 |
|---|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
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(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(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
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Hartpury Heritage Trust (Registered number: 03522981)
Balance Sheet - continued 31 December 2024
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 22 April 2025 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 2024
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.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
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Hartpury Heritage Trust
Notes to the Financial Statements - continued For The Year Ended 31 December 2024
| 2. DONATIONS AND LEGACIES Donations Gift aid 3. OTHER TRADING ACTIVITIES Fundraising events Hall hire Electricity generation 4. INVESTMENT INCOME Deposit account interest 5. CHARITABLE ACTIVITIES COSTS Grant funding of activities Direct (see note Costs 6) £ £ Orchard Perry Pear Project 17,259 - Church of St Mary 8,850 75,000 Hartpury Restored Chapel 14,295 - Bee Shelter 2,548 - General 3,157 - Landfill Fund 2,296 - Car Park 660 - Old Forge 296 - 49,361 75,000 6. GRANTS PAYABLE Church of St Mary The total grants paid to institutions during the year was as follows: Church Grant St Marys Hartpury |
31.12.24 £ 5,470 13,549 19,019 31.12.24 £ 5,499 1,676 17 7,192 31.12.24 £ 9,271 Support costs £ - - - - 1,160 - - - 1,160 31.12.24 £ 75,000 31.12.24 £ 75,000 |
31.12.23 £ 21,390 15,554 36,944 31.12.23 £ 35,676 2,314 - 37,990 31.12.23 £ 9,335 Totals £ 17,259 83,850 14,295 2,548 4,317 2,296 660 296 125,521 31.12.23 £ 150 31.12.23 £ 150 |
|---|---|---|
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Hartpury Heritage Trust
Notes to the Financial Statements - continued For The Year Ended 31 December 2024
7. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
| 31.12.24 | 31.12.23 | |
|---|---|---|
| £ | £ | |
| Depreciation - owned assets | 18,088 | 12,016 |
8. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 December 2024 nor for the year ended 31 December 2023.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 December 2024 nor for the year ended 31 December 2023.
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 Hartpury Restored Chapel Bee Shelter General Landfill Fund Car Park Old Forge Total Net gains on investments NET INCOME Transfers between funds Net movement in funds RECONCILIATION OF FUNDS Total funds brought forward |
Unrestricted funds £ 36,944 37,990 6 74,940 1,486 5,022 - 7,141 - 862 - - 126 14,637 - 60,303 6,163 66,466 158,482 |
Restricted funds £ - - 9,329 9,329 - 8,500 150 12,896 2,548 - 2,296 660 296 27,346 28,424 10,407 (6,163) 4,244 1,116,168 |
Total funds £ 36,944 37,990 9,335 84,269 1,486 13,522 150 20,037 2,548 862 2,296 660 422 41,983 28,424 70,710 - 70,710 1,274,650 |
|---|---|---|---|
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Hartpury Heritage Trust
Notes to the Financial Statements - continued For The Year Ended 31 December 2024
9. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
| TOTAL FUNDS CARRIED FORWARD 10. TANGIBLE FIXED ASSETS COST At 1 January 2024 Additions At 31 December 2024 DEPRECIATION At 1 January 2024 Charge for year At 31 December 2024 NET BOOK VALUE At 31 December 2024 At 31 December 2023 |
Unrestricted funds £ 224,948 Freehold property £ 673,551 - 673,551 156,569 12,019 168,588 504,963 516,982 |
Restricted funds £ 1,120,412 Plant and machinery £ 21,865 30,346 52,211 21,865 6,069 27,934 24,277 - |
Total funds £ 1,345,360 Totals £ 695,416 30,346 725,762 178,434 18,088 196,522 529,240 516,982 |
|||
|---|---|---|---|---|---|---|
Included in cost or valuation of land and buildings is freehold land of £86,831 (2023 - £86,831) which is not depreciated.
11. HERITAGE ASSETS
| COST LESS IMPAIRMENT At 1 January 2024 and 31 December 2024 PROVISIONS At 1 January 2024 Charge for year At 31 December 2024 NET BOOK VALUE At 31 December 2024 At 31 December 2023 |
Total £ 446,745 200,906 9,026 209,932 236,813 245,839 |
|---|---|
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Hartpury Heritage Trust
Notes to the Financial Statements - continued For The Year Ended 31 December 2024
12. FIXED ASSET INVESTMENTS
| FIXED ASSET INVESTMENTS | ||||
|---|---|---|---|---|
| COST LESS IMPAIRMENT At 1 January 2024 Disposals Revaluations At 31 December 2024 NET BOOK VALUE At 31 December 2024 At 31 December 2023 There were no investment assets held outside the UK. The Trust holds the following unlisted investments:- |
Shares in group undertakings £ 17,921 - - 17,921 17,921 17,921 |
Unlisted investments £ 361,402 (92,223) 6,660 275,839 275,839 361,402 |
Totals £ 379,323 (92,223) 6,660 293,760 293,760 379,323 |
|
Shares held 31.12.2 4 11,598. CBF C of E Investment Fund 84 CBF C of E Fixed Interest Securities Fund nil CBF C of E Investment Fund 172.34 CBF C of E Fixed Interest Securities 2,452.3 Fund 4 |
Original cost £ 113,781 1,731 4,129 119,641 |
Market value 31.12.24 £ 268,197 - 3,985 3,657 275,839 |
Market value 31.12.23 £ 262,195 91,761 3,896 3,550 361,402 |
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 purchased one share (33.33%) in Orchard guardians CIC (formerly Hartpury Orchards Limited) which was 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.
The company's investments at the balance sheet date in the share capital of companies include the following:
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Hartpury Heritage Trust
Notes to the Financial Statements - continued For The Year Ended 31 December 2024
12. FIXED ASSET INVESTMENTS - continued
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 | ||
| 31.12.24 | 31.12.23 | ||
| £ | £ | ||
| Aggregate capital and reserves | (21,853) | (12,403) | |
| Loss for the period | (9,450) | (20,917) |
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.
| 13. | STOCKS | |
|---|---|---|
| Stocks | 31.12.24 31.12.23 £ £ 16,600 18,348 |
|
| 14. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |
| Amounts owed by group undertakings | 31.12.24 31.12.23 £ £ 141,001 167,001 |
|
| Prepayments and accrued income | 7,660 13,713 |
|
| 148,661 180,714 |
||
| 15. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |
| Accrued expenses | 31.12.24 31.12.23 £ £ 1,141 1,000 |
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Hartpury Heritage Trust
Notes to the Financial Statements - continued For The Year Ended 31 December 2024
16. MOVEMENT IN FUNDS
| At 1.1.24 £ Unrestricted funds General fund 224,948 Restricted funds Churchyard Investments 7,446 Church of St Mary Investments 353,956 Orchard Cohort Project 366,315 Bee Shelter 76,424 Hartpury Restored Chapel 143,068 Landfill Communities Fund 94,118 Churchyard Income 694 Church of St Mary Income 16,397 Orchard Guardians CIC 17,921 Car Park 29,869 The Old Forge 14,204 1,120,412 TOTAL FUNDS 1,345,360 Net movement in funds, included in the above are as follows: |
Net movement in funds £ (5,707) 197 (68,536) (8,500) (2,548) (5,502) (2,295) 200 8,368 - (660) (296) (79,572) (85,279) |
At 31.12.24 £ 219,241 7,643 285,420 357,815 73,876 137,566 91,823 894 24,765 17,921 29,209 13,908 1,040,840 1,260,081 |
|---|---|---|
| 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 |
Incoming resources £ 26,912 1 - - - - 1 200 8,368 - - 8,570 35,482 |
Resources expended £ (32,619) - (75,000) (8,500) (2,548) (5,502) (2,296) - - (660) (296) (94,802) (127,421) |
Gains and Movement losses in funds £ £ - (5,707) 196 197 6,464 (68,536) - (8,500) - (2,548) - (5,502) - (2,295) - 200 - 8,368 - (660) - (296) 6,660 (79,572) 6,660 (85,279) |
|---|---|---|---|
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Hartpury Heritage Trust
Notes to the Financial Statements - continued
For The Year Ended 31 December 2024
16. MOVEMENT IN FUNDS - continued
Comparatives for 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 |
At 1.1.23 £ 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 |
Net movement in funds £ 60,303 537 27,887 (8,499) (2,548) (5,502) (2,296) 183 1,601 - (660) (296) 10,407 70,710 |
Transfers between funds £ 6,163 - - - - - - - - - - (6,163) (6,163) - |
At 31.12.23 £ 224,948 7,446 353,956 366,315 76,424 143,068 94,118 694 16,397 17,921 29,869 14,204 1,120,412 1,345,360 |
|---|---|---|---|---|
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds | Incoming resources £ |
Resources expended £ |
Gains and Movement losses in funds £ £ |
|---|---|---|---|
| General fund | 74,940 | (14,637) | - 60,303 |
| Restricted funds | |||
| Churchyard Investments | - | - | 537 537 |
| Church of St Mary Investments | - | - | 27,887 27,887 |
| 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 | 183 | - | - 183 |
| Church of St Mary Income | 9,145 | (7,544) | - 1,601 |
| Car Park | - | (660) | - (660) |
| The Old Forge | - | (296) | - (296) |
| 9,329 | (27,346) | 28,424 10,407 |
|
| TOTAL FUNDS | 84,269 | (41,983) | 28,424 70,710 |
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Hartpury Heritage Trust
Notes to the Financial Statements - continued
For The Year Ended 31 December 2024
16. 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 1.1.23 £ 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 |
Net movement in funds £ 54,596 734 (40,649) (16,999) (5,096) (11,004) (4,591) 383 9,969 - (1,320) (592) (69,165) (14,569) |
Transfers between funds £ 6,163 - - - - - - - - - - (6,163) (6,163) - |
At 31.12.24 £ 219,241 7,643 285,420 357,815 73,876 137,566 91,823 894 24,765 17,921 29,209 13,908 1,040,840 1,260,081 |
|---|---|---|---|---|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are 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 Car Park The Old Forge TOTAL FUNDS |
Incoming resources £ 101,852 1 - 1 - - 1 383 17,513 - - 17,899 119,751 |
Resources expended £ (47,256) - (75,000) (17,000) (5,096) (11,004) (4,592) - (7,544) (1,320) (592) (122,148) (169,404) |
Gains and Movement losses in funds £ £ - 54,596 733 734 34,351 (40,649) - (16,999) - (5,096) - (11,004) - (4,591) - 383 - 9,969 - (1,320) - (592) 35,084 (69,165) 35,084 (14,569) |
|---|---|---|---|
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Hartpury Heritage Trust
Notes to the Financial Statements - continued For The Year Ended 31 December 2024
17. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 December 2024.
18. 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.
19. 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.
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