THE APEDALE HERITAGE CENTRE Report and Accounts Forthe Year to 31st December 2023 HERITAGE CENTRE LOOMER ROAD CHESTERTON NEWCASTLE-UNDER-LYME STAFFORDSHIRE ST5 7RR COMPANY NUMBER 03384360 Registered Charfty Number 1073104 APEDALE HERITAGE CENTRE Report and Accounts For the Year to 31st December 2023 Trustees Report The Trustees present their Report for the Year to 31st December 2023 Principal Activities The Heritage Centre's principal activity during the year continued to be the operation of a mining and heritage centre for charitable ptjrposes. Political and Charitable Donations During the year, the Heritage Centre made no political donations. Trustees Responsibilities Company law requires the Trustees to prepare Accounts for each financial year which give a true and fair view of the state of affairs of the company and of the profft or loss for that period. In preparing those Accounts. the Truslees are required to: Select suitsble Accounting Policies and then apply them consistently. Make judgements and estimates that are reasonable and prudent, and Prepare the Accounts on the going concem basis. unless it is inappropriate to presume that the company will continue in business. The Trustees are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and to enable them to ensure that the Accounts comply wrth the Companies Act 2006 and SORP: Accounting and Reporting by Charities. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Auditor A resolution to re-appoint R Wade FCA as Auditor will be put to the members at the Annual General Meeting. Small Company Special Provisions The Report of the Trustees has been prepared in accordance with the provisions of Part 15 cf the Companies Act 2006 relating to small companies and SORP:Accounting and Reporting by Charities. This Report was approved by the Board of Trustees on 29th September 2024 L J Mason Trustee D Rushton Trustee C Johnson Trustee D Bowdley Trustee T Welsh Trustee I Wibberley Trustee Page 1 APEDALE HERITAGE CENTRE Report and Accounts For the Year to 31st December 2023 Auditor's Report Report of the Auditor to the Trustees of The Apedale Heritage Centre I have audrted the Accounts on pages 3 to 5 which have been prepared in accordance wrth both the special provisions of Part 15 of the Companies Act 2006 relating to small companies and SORP:Accounting and Reporting by Charities. Respective responsibilities of Trustees and Auditor As described on Page 1, the Heritage Centre's Trustees are responsible for the preparation of the Accounts. It is rny responsibility to form an independent opinion, based on rny audit. on Ihose Accounts arKJ to report my opinion to you. Basis of Opinion conducted the audit in accordance with Auditing Standards issued by the Auditing Practices Board. An audit includes examination, on a test basis. of evidence relevant to the amounts and disclosures in the Accounts. It also includes an assessment of the significant estimates and judgements made by the Directors in the preparation of the Accounts and of whether the Accounting Policies are appropriate to the Heritage Centre's circumstances, consistently applied and adequately disclosed. I planned and perfomied my audit so as to obtain all the information and explanations which I considered necessary in order to provide rne with sufficient evidence to give reasonable assurance that the Accounts are free from material mis-statement, whether caused by fraud or other irregularity or error. In forming my opinion l also evaluated the overall adequacy of the presentation of information in the Accounts. Opinion In my opinion the Accounts give a true and fair view of the state of the Heritage Centre's affairs as at 31st December 2023 and of its trading profit for the year then ended and have been properly prepared in accordance with the Companies Act 2006 applicable to srnall companies and with the methods and principles of the Staternent of Recommended Practice: Accounting and Reporting by Russell Wade FCA 88, Mornington Road Sneyd Green Stoke-on-Trent ST16EL 29th September 2024 Page 2 APEDALE HERITAGE CENTRE Trading Account For the Year to 31st December 2023 2023 2022 Sales Café Mine Shop Others £96.150 £12.851 £1.727 £2,026 £112,754 £80,092 £10,665 £1,607 £3,265 £95,629 Cost of Sales Café Shop £36,939 £1.175 £38,114 £30,258 £582 £30,840 Gross Profit £74.640 Expense8 Electricity Repairs, Consumables and Equipmenl Rates and Insurance Telephone Printing, Stationery and Advertising Bank Charges Sundry Expens8S Total Expenses £14.180 £21,4T7 £5,630 £555 £445 £1,453 £736 £44.476 £16,427 £22,514 £5,753 £324 £460 £1,054 £1.126 £47,658 Other Income Membership Fees Rent Received Donations Received Total Other Income £700 £3.300 £7.772 £11,772 £692 £3.300 £11,608 £15,600 lus on Tradin Activities for the Year £41,936 £32,731 Page 3 APEDALE HERITAGE CENTRE Balance Sheet As at 31st December 2023 Notes 2023 2022 Fixed Assets £38.453 £44,721 Bugsworth Navigation Ltd . Investment Loan £10,000 £3,500 £10,000 £3,650 Current Assets stock Debtors and Prepayments Cash In Hand Cash Al Bank £1,150 £32.726 £100 £108,828 £1,150 £26,799 £100 £81.259 £142,804 £109,308 Creditor8: Amounts falling due within one year (£11,443) (£11,243) Net Current AssetsllLlabilities) £131.361 £98.06S Totsl Assets less Current Liabilities £183 314 £156 436 Creditors: Amounts falling due after more than one year £0 £0 Net Assets £183,314 £156,436 Capital and Reser￿8 Profil and Loss Account £183,314 £156,436 Trustees Funds £183,314 £156 436 These Accounts have been prepared in accordance with the of the Companies Act 2006 applicable to small companies and with the methods and principles of the Slatement of Recommended Practice.. Accounting and Reporting by Chartties. Approved by the Board of Trustees on 29th September 2024. L J Mason Trustee D Rushton Trusteè C Johnson Trustee D Bowdley Trustee T Welsh Trustee I Wibberley Trustee Page 4 APEDALE HERITAGE CENTRE Notes to the Accounts For the Year to 31st December 2023 1. Accountlng Poll¢les AGcountlng Conventlon The Accounts have been prepared un¢Jer thè historical cosl convenlion. Fixed Asset Valuatlon Fixed Assols have beon valuèil at the lower of ¢ost OT net realtsabte value_ On 30th June 2001 the Fixed A55e15 were revalued based upon the diieclors, assessment of11 net realisabte value. Dopr8cl4tlon Deprecialion has been provided 8t fo11th*￿ rates li order lo 7MriO off Ihe Assets over th￿r estimated useful lives =_ Land and Buildings Plant and Machinery 10% str8ight 25% straiyhl hne 2. Fixed Assets Land and Bulldlngs Plant •nd *chinery Total Cost At 31st Decernber 2022 Additions during th8 Year £SH,039 £3.790 £121.760 £0 £66S.799 E3.790 At 3.1st DecEmber 2023 £121760 É6 Depreclatlon Al 31sl D¢cember 2022 Charge for the Year £499.318 £10,058 £121,760 £0 £621.078 £10.058 Al 31st DecembeT 2023 Not Book Value At 31st De￿rnber 2023 3. Debtors 2023 2022 Trade Otrbtors Station Rent EleelTioly Rtcharged Prepayments £3,645 £20,289 £1.088 £7,706 £1,108 £18.289 £1,000 £6.402 4. Crgditors: Amounls falllng due wlthin one yoar 2023 2022 VAT Trade Credrtors Payments Received In Advance £1.471 £8.262 £1.710 E1.999 £8,609 £635 £11243 S. Creditors.. Amounts falling due after more than one year 2023 2022 Loans from Tfusteès 6. Profit and Loss Accourrt 2023 2022 Sutp]u5 on Trading Activitses £41.936 £32.731 L¢ss'. Paytnent to Coal Authonty Minè Seorrrty FurKJ Depreci8tion £5.000 £10.058 £10.000 £1Z,540 Balance at 31 December 2021 £156.436 £146.245 Balance at 31 December 2022 £1 Page 5