REGISTERED COMPANY NUMBER.. 3676476 (England and Wales) REGISTERED CHARITY NUMBER: 1073486 S8URY DRAPERS. TRUST COMPANY UMITED BY LL PRE ERVATION UARANTEE TRUSTEES. REPORT AND NAUDITED FINANCIAL TEMENTS EYEARE MBER 2022
SHREWSBURY DRAPERS' HALL PRESERVATION TRUST
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022
| Page | ||
|---|---|---|
| Reference and Administrative Details | 1 | |
| Trustees' Report | 2 | to4 |
| Independent Examiner's Report | 5 | |
| Statement of Financial Activities | 6 | |
| Statement of Financial Position | 7 | to8 |
| Notes to the Financial Statements | 9 | to15 |
SHREWSBURY DRAPERS, HALL PRESERVATION TRUST REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 DECEMBER 2022 TRUSTEES Mr R J Gouoh, Chair Mr N J Hinton, Treasurer Mr M J Lunt, Se¢retary Mr A Fox lappoinled 1. 10.221 Mr J D Allan Mr R Auger (retired 19.05.221 Mr N J Baker lappoinled 1.2.23} MsJABoyd Mr R J Clowes Mr A D Cross Mr H Devlin Reverend R Hayes Mr G Moss Mr D M Perrin Mr M G Robins Ms M l Thrower Mr G J Williams (retired 19.05.221 COMPANY SECRETARY MrMJLunl REGISTERED OFFICE DraFers Ple Horsefair Abbey Foreg*8 Shrew3bury Shropshire SY2 6BP REGISTERED COMPANY NUMBER 3676476 IEn9land and Walesl REGISTERED CHARITY NUMBER 1073486 INDEPENDENT EXAMINER TCA Ishrewsburyl LLP Third FlcK)r 21 Sl Mary's Street shrsbury Shr¢Jpshire SY1 1ED BANKERS 8arclays Bank 44 . 46 Castle Street Shrewsbury Shropshire SY1 2BU Page 1
SHREWSBURY DRAPERS, HALL PRESERVATION TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 31 DECEMBER 2022 The trtee9 who are also directus of the Charity for the purpos& of the Companies Act 2006, present their report wrth the financial statements of the chaTity for the year ended 31oecber 2022. The Irwlees have adopted the provisions d Aceountiro and Reportirg b/ Charitiw.. Statement of Recommended PraCte applicable lo chariÉies weparing their aceounts in &CCTdance with the Financial Rept)rtI Standard applicable in the UK and Republic of IrelarKI IFRS 1021 leff&live 1 January 20191. Since the Trt qualifi& as small under sedion 382 ofthe C(xnpanies Act 21116, the Strategic report ruIr of medium and large companies under the Companies kl 20C6 (Strategic Rep¢)rt and Direciors, Reporti Rggulatit)ns 2013 has been omilled. OBJECTIVES AND ACTIVITIES Objectives and aims The objects of the Trust are lo promote the preservation, conservation and management, for the benefit of the people of Shrewsbury, Shropshiro and the nation, of the histor, chrtectwal and construction heritaje known as Drapers Hall, St Mary's Place, Shrewsbury la grade11 Listed building). In setting ObjInIeS and plannin9 for actwities, the Trusloes have gwen due consideration to general guidance published by tho Charity Commission rd&ing lo publ benefit. irtluding the guidance 'Public benefit.. running charity IPB21'. Slgnlflcant activities 11 The listed slruclureof the Drapers Hall provides an appropriate environment and access opportunitie5 for the historically associated furniture, pictures and other chattels that are owned by the Shrewsbury Drapers Cornpany charity. 21 Thg Trust cètains income by letting the Hall f¢x operation as a hotellrestaurant and uses this income lo maintain the 8lruclure and pay other expenses properly incurred by the Charity. ACHIEVEMENT AND PERFORMANCE Charitable activlties The TrLLs1 has continued lo maintain a healthy balance sheet, and has no lorg-twm debts other than lo the National HeritaJe Memorial Fund. whh has a first Ca on up lo £59.143 of the prcceeds of the sale of the Hall before 2079. The Drapers Hal was let for the full financial year to a commercial lenanl trading a5 8 restaurant and boutique hotel wlh 6 doubie bedrojms with ensuite facilities. The Trust has continued lo rnaintain the Hall doiro routine maintenance and repairs as requested. The Trust participated in the Hgrrtage On Days pro3ramme in Septemter 2022. Herita3e Open Day was 9 September 2022 and proved to k very successful W1 over 60 visitors to the hall. Al the AGM, three Trlee8 retired in e0rdance wh the Memorandum and Articles, one was re elected and two have bn replac. In October 2021, the Tru*ees aJreed that a new vdunlary role of ProFety Manager be created lo ers& the management of the Hall, to fulfil the Trust's responsibilities under the lease and to support and work with the tenanis. The ngw role began on 10 March 2022. Page2
SHREIVSBURY DRAPERS. HALL PRESERVATION TRUST TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2022 FINANCIAL REVIEW Financial position The Shrewsbury Ekapers, Hall was let on 1 Dernber 2021 to a Commercial tenant trading as a r&laurant and boutique hotel. Subject lo the swcessful establi%hment d the new restaurant and accomm(Klation, the TrLsI'8 income should be restored to pre-covid levels by the year ended 31 Dember 2023. Res•rve8 poIIcy The Trust does not have any sUnifant reserves at presgnt * 811 tho assets ar8 ligd up in the Drapers Hall. NC that the debts have been paid off. any annual surplus wll be Us1 lo eslablk5h an Extraordinary Repair FurKI, lo be used for m8jor repair5 whh will 1ndvi1ab be required in the future. 0e this reswve is SUfflent, the Trustees may be able to undertake pTojeLts 10 8nhance the heTrtage value of Ihg Hall or 11$ rental potonlial. The free reserves at the year end were £45,83712021.. £68,70n Going concern After making oppropri*e enquiries. the Trle8S have a reasonable expectation that the Tr1 has adat8 resources lo continue in owralional existence f(Y the foreSble future. For this reason, they continue to adopt the goiro concern basis in preparing the financial statem8nt$. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charrty is controlled by its governirg document. a de&J d trw81, and constiteS a limited company, linNI by guarantee, as defin by the Companies Act 2Cth. Charlty constltutlon The Tr81 is regiqlered in England and Wal&, as a charitable company limited by guarantee and was set up by a Memorandum of Association on 1 December 1998. The Trust's registered charity number is 1073486. Recruitmgnt and appointment of new truste8S The management of the Trust i8 the rtswsibilrty of thè Trustees who are dected arKI c¢pted under the terms of the Memorandum of Association. Classgs of memb8r$hlp Founder members are those rnernbe who. in the first year of operation up lo 31 Decemtrr 1999, provided loans, Covenants. Gift Aid or outright donations thereby lo assBI the Trust to purchase the Shrbry Drapers, Hall. These members enjoy full ruhls set out in the Memorandum and Artles, includin9 the power to elect Trustees, voting rights al the AGM and to receive the Repgrt and k¢ount$. There are 21 founder members. The Trust may aLso have corporate members. A corporate member can ncminate an aullK)rised represenlalNe who shall be entrtI to exerci8e the same powers on behalf d the company whh he represents as rf he wer& an individual member of the charity. There are no corporate members. Rlsk management The TrLBtees have a lo identify and review the risks lo whh the Tru51 is exe and to ensure appropriate controls are in plxe to provide reasonable assurance against fraud and error. Plans for future p8riods Follcvling the letting ol the Hall lo tenants in 2021, our main objec)'ve for the coming year is to continue lo 3UPPOrt and work ¥Mth the new tenants lo establish a viable and successful business whh also helps the Trust lo achieve its conservation and access objectives for the property. Page 3
SHREWSBURY DRAPERS, HALL PRESERVATION TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 31 DECEMBER 2022 TRUSTEES. RESPONSIBIUTY STATEMEP The trustees (who are also the dir10[$ of Shrewsbury Drapers, Hall Pré5eNation Trust for the purposes of company lawl are responsible fu preparing the Trt&S, Report and the financial slalements in accordanc8 Wrth applicable law and United Kingdom Accounting Standards (United Kingdom Generally knepted Accounting Practe) includirg Financial RepoTbro Standard 102 'The Financial RertITyj Standard applicable in th8 UK and Republic of Ireland" Ccmpany law requires the trustees lo prepare financial statements for each financial year which give 8 true and fair view of the s181e of affairs of the charitable c¢)mpany and of the incomirvJ resources and applic*'on of resources. ircluding the income and expenditure, of the charitable cc¥npany for that period. In preparing those financial slatemenls, the trust5 are required to se11 sijitable 8ccounling policies and then apply them c¢nsistenlly.' observe the methods and principles in the Charity SORP., make judgements and estimates that are reasonable and pnjdent". prepare It)e financial slalemenls on the going concern basis unl&s it is inappropriate to presume that the charitsble company will continue in business. The trustees are rtsponsible fLY keeping pyoper 8c¢ounling rOrdS whih di8dose wth reasonable accuracy at any time the financial position of the charitable cornpany and lo enable them lo ensure that the financial statements compty with the Companies Act 20(E. They are also responsible for safeJuardirvJ the assets of the charitable company and hence for taking reasonable slep8 for the prevention detection of fraud and other irregularities. Approve¢J by order of the board of Iruslees on ... . and signed on its behalf by.. J Gough - Trustee Pa9e 4
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SHREWSBURY DRAPERS. HALL PRESERVATION TRUST Independent examlnor's report to thg trug85 of Shrtwsbury Drapors. Plall Pre¥ervatlon Trt Ilhe Company'l report lo the charty trustees on my 8xaminats.on of the xcounls of the Company for the y8ar ended 31 Decemtser 2022. ResponslbllItl and basls of report As the charity's trtaS of the Company land also its direclc¥s for tho purposes of c¢)mp8ny lawl you are responsible for the preparation of the accounts in aordanCe ¥Mlh the requirements of the Compani8s Act 20C6 I the 20C6 Acl'}. Having satisfied myself that the accounts of the Company we not rg]uired lo bè audited under Pwt 16 of the 20C6 Act and are elaible for independent examination, I report in reSpt of my examination of your charity, accounts as carried out under Section 145 of the Charitr'es kl 2011 I'lhe 2011 Act'l. In carrying out my exarninalion I have foll(yNed th8 Directions given by the Chority Commi88ion under Soction 145151 Ibl of the 2011 Act. Independent ex4mlnerf# 8t#tomènt I have c¢)mpletèd ry ayaminalion. I confirm that Th) matters have ccme to nry attgnllon in connection •th th examination giving me cause lo telieve.. 8¢¢ounllng rOrth wgre not k0pI in ra8t of Company a6 r8]uirgd by Section 386 of the 20C6 A¢l,' the accounts do not accord with tho58 rords,. or the aceounls do not compty with the accounting rwuiremènls of Sectlon 398 of the 20C6 Act cther than any requirement that the accoun15 gThie a true and falr wew which is nc 8 matlw corsidergd os part d an independent examlnalion". or the accounts have not been preparfrJ in *¢¢ydanc8 wrth thg methodg and winaple8 of the Stalement of Recommended Practice for &countiro and reportin9 ty CharrtI lapplicablo lo charitie8 preparirg thelr accounts in accc(dance with th6 Financial ReportiNJ Standard appli¢able in the UK and Republic of Ireland IFRS 10211. I have no concem8 and have ccme a¢r no other m•ller8 in connKlion with the examination lo whh attention should b8 drawn in this report in ord8f to onable a prcper un¢J8r8tanding of tho accounts to bg rooch6I. C Modwyn-Willi•m8 Bsc FCA TCA Ishrewsburyl LLP Third Flwr 21 St Mary's Street Shrewsbury Shrop5hire SY1 1ED Data.. P485
SHREWSBURY DRAPERS. HALL PRESERVATION TRUST STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEM8ER 2022 2022 Total funds 2021 Total funds Unrestricted fund Re51T1ed fund Notes SNCOME AND ENDOWMENTS FROM Donation5 and legacies 924 924 250 Other trIng activities Investment income Other inccme 27,710 27,710 1,458 Total 28 639 EXPENDITURE ON Charitable adivitlos General NET INCOMEIIEXPENDITUREI 7.130 7,130 116,oon RECONCIUATION OF FUNDS Total funds brought forward 233,411 59,143 292,554 308,561 TOTAL FUNDS CARRIED FORWARD 299 684 CONTINUING OPERATIONS All income and expenditure has arisen from conlinuirYJ activities. The notes form part of these financial statements Page 6
SHRE4VSBURY DRAPERS, HALL PRESERVATION TRUST STATEMENT OF FINANCIAL POSITION 31 DECEMBER 2022 2022 Total funds 2021 Total funds Unrestricted Reslricled fund fund Notes FIXED ASSErs Tangible assets 164,704 59,143 223,847 223,847 CURRENT ASSETS Debtors Cash at bank 6,695 6,695 21,557 91,128 91,128 84,196 CREDITORS Amounts falling due within one year 115,2911 (15,2911 115,4891 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT UABILITIES 240.541 59,143 299,684 292,554 NET ASSETS FUNDS Unreslrictec funds Restricted funds 10 240.541 233,411 TOTAL FUNDS The charitable company is enlilled lo exemption from audit under Section 477 of the Companies Act 201A for the year ended 31 Decwnber 2022. The members have not rUired the company lo obtain an audit of its financial staemenls for the y8ar end&# 31 December 2022 in xcordance wth Section 476 of the Companies Act 20C6. The trustees acknowledge their responsibilities for lal ensuring that the charitable company keeps COUntIr0 rordS that c¢Jmply with lions 386 and 387 of the Companies Act 20C6 anly preparing financial slaements whh gwe a true and fair view d the stae of affairs d the charrtable company as al the end of each financial year and of ils surplus cf defirAt for each financial year in accordance wlh the requirements of stions 394 and 395 and which otherwkso wlh the requirements of the Companies Aci 2006 relating to financial statements, so f* as applicable lo the charitable company. Ibl The notes form part of these financial statements Page 7 ContlnL...
SHREWSBURY DRAPERS, HALL PRESERVATION TRUST STATEMENT OF FINANCIAL POSITION - contlnu8d 31 DECEMBER 2022 These financial statwnents have te8n prepared in cordance with the proviOn5 appliable lo charitable ompanies subject lo the small companies regime. The fi al sl emenls were approved by the Board of Trustoes a*xl authorIs fcr k8sue on and were signed on 11$ behalf by. MrRJGou - Trustee Mr N J Hinton - Trustee The notes form part of these financial statements Page 8
SHRE¥VSBURY DRAPERS. HALL PRESERVATION TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 GENERAL INFORMATION The Trwt is register in England and Wo185 * a charitae Company limrf<ed by guarantee and was set up by a Memorandum of Associalion on 1 December 1998. The Trust¥ r$ted charrty number is 1073486. The Dir10 of the Company are the member trle8$ namèj on page 1. In the event of th8 TrLL4t beirvJ wound up their liability in respect of tho guarantee is limited to £5 per memter of the Trust. ACCOUNTING POUCIES Bas1$ of preparlng tho flnanclal statomont8 The financial statements of the charrtable corn, whh 18 a public Eenefil enllty under FRS 102, hav8 teen prepared in accordance with the Charrti& SORP IFRS 1021 'Accounling and Reporting by Charities.. Statement of R&ommended Practice applicable lo charities preparing their xcounts in ordance with the Financial Reportirg Standard applicablè in the UK and Republic of Ireland IFRS 1021 leff&lwe 1 January 20191,, Financial Reportin9 Standard 102 The Financial Rep¢)rting Sland8rd applicable in the UK and Republic of Ireland, and the Companies Act 20C6. Th8 financial sl8temenls have b88n prepared undgr the historical GOBI ¢onvenlion. Flnanclal r•portlng standard 102- reduced dl•clo8ure exomptlons Th8 charitable company has taken advantage of tho foll¢)wiw dk8closure exemplioro in preparing these financial statements, a9 permilled ty FRS 102 'The Financial Reporting Standard 8pplic8ble in the UK and Republic of Irgland.: the requirements of Section 7 St8lerngnt of Cash Flows., the requirernenl of paragr8ph 3.17ldl', the requirement8 of parogr8ph¥ 11.42, 11.44, 11.45, 11.47. 11.4818lliill, 11.48lslllvl, 11.48lbl and 11.48icl', the requirements of p8ragraph8 12.26. 12.27, 12.29lal, 12.29lbl and 12.29A', the rè4uiremenl of paragraph 33.7. Incom• All iorne is rogniSed in the Statomenl of Finan¢ial trtIeS once the charity has enlillement lo the funds. il 18 prcljable that the inc¢Jme will be received and the amount can be measured reliably. Expendltur• Liabilities are r&cgni8ed &xpendilure as s¢x)n as there is a lo3al or constrLtIe obligation committing the charity lo that &Ypendilure, il is yobable that a transfer of onoMiC benelits will be requir8d in Sgtllemenl and the arnounl of the oblyalion can be measured reliabty. Expenditure is accounted for on an accruals ba818 and has been classrfied under headings that grJat8 all cost rdaled lo Ihg category. Where cc4ts cannot be directty attributed lo particul headings they have been allccated lo &tNities on a basis consislenl with the use of resources. Tanglble flxod au•t$ Depreciation is pr¢ided al the followlng annual rate8 in orr lo write off a88et ovw its 881imated useful lifo. 0gpr&iatlon ig providgj ¢Jn the following base8'. nil deprgciation straight lin8 Froehold prortY Fixtur9$ and Tittiros Page 9 continued...
SHREWSBURY DRAPERS. HALL PRESERVATION NOTES TO THE FINANCIAL STATEMENTS . contlnued FOR THE YEAR ENDED 31 DECEMBER 2022 ACCOUNTING POLICIES - contlnued Taxatlon The charity 18 exempt fr¢yn corporation lex on its charitable o¢tivilies. Fund accountlng Unrestricted funds can be Lmed in accordance wlh the charitable obl.ve6 at th8 d18cret1 of th¢ Irust*s. ReStrted funds can onty bo used for partular restricted purp)se8 wilhln the objects of the charity. Restrictions arisewhen specified by the donor or when funds arg raisod for particular restricted purpose8. Further explan8llon of tho nature and purpose of each fund 18 includgd in the note8 to the financial 8tat8menl8, Uabllltlfjs and provlslons Liabililièy 8re r&ognised when there is an ¢ablalOrn * the Balance 8h8et dale ag a r88uII of a pa81 event, it is wobable that 8 Iransfor of economi bendil will té requirèj in setll8menl. and the amount of th• s•ttlement con be gslimated reliably. Liabilities are r0cCgnfjd al the amInt that the TrLMI anticipates it will pw 10 s¢ttlè th8 debt or the amount il has received a& advanced payments for th8 9o)d8 or 8ervlce8 il musl provide. Flnanclal Instruments The TrLBI On h86 financial a5ets and financial Siabilili85 of a klnd that qualfy as bas financial inslrumenl$. Bas financial instruments are initially rQgnISed at Iran8&1ion value and Subsu0n1IY measured al their settlement v8Jue with the exception of bank loans whh are 8ubs4uently measured at amortised ¢¢61 using the offecllv$ intere8t Mhs, OTHER TRADING ACTIVITIES 2021 Hall Rental INVESTMENT INCOME 2022 2021 Bank Intere81 Page 70 continued..
SHREWSBURY DRAPERS, HALL PRESERVATION TRUST NOTES TO THE FINANCIAL STATEMErs . eontlnued FOR THE YEAR ENDED 31 DECEMBER 2022 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees. remuneration cf other tenefits fcf the year ended 31 Decwnber 2022 nor for the year ended 31 December 2021. Trustees. exp8nsgS There were no trustees, exFens* paid for the year ended 31 DeGember 2022 nor for the year ended 31 December 2021. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unreslricled Restricted fund fund Total funds INCOME AND ENDOWMENTS FROM Donations and legacies 250 250 Other trading tIVitIeS Other incc¢Me 1.458 1,458 9828 Total EXPENDITURE ON Charitable actlvities General NET INCOMEIIEXPENDITUREI 116,0071 {16,IX17) RECONCIUATION OF FUNDS Total funds brought forward 249,418 59,143 308,561 TOTAL FUNDS CARRIED FORWARD 233411 TANGIBLE FIXED ASSETS Freehold property COST At 1 January 2022 and 31 December 2022 223 847 NET BOOK VALUE At 31 Decamber 2022 Al 31 Oecember 2021 Page 11 continued...
SHREWSBURY DRAPERS, HALL PRESERVATION TRUST NOTES TO THE FINANCIAL STATEMENTS - contlnu FOR THE YEAR ENDED 31 DECEMBER 2022 TANGIBLE FIXED AssEfs- wttlnued The property was purchased in 1999 at a cost of £150.000. 11 is lo be retained in the ownership of the TNBtees and cannot be sold before 17 September 2079 wrth¢Jrt the wior approval of the Trlee$ of the National Herit4e Memorial Fund INHMFI whose approval, if gwen. may be subject lo such ter0 ansj c¢)nditions as it thinks fil, whh may include a requirement for the repayments olthe NHMF of a share of the nel proc*Js of the sale of the property. DEBTORS 2022 2021 Amounts falling due within one year., Trade debtors Amounts falling due after mre than one year., Trade debtors Aggregate amnts 6,695 21,557 CREDITORS: AMOUNTS FALUNG DUE WITHIN ONE YEAR 2022 2021 ial security and other taxes Other creditors Accruals and doferred inc¢)me 2,814 8,750 3,727 8.750 2,934 10. MOVEMENT IN FUNDS Net movement in funds Al 31.12.22 Al 1.1.22 Unrestricted funds Gener81 fund 233,411 7.130 240,541 Restrlcted funds Reslrictwj Funds 59, 143 59,143 TOTAL FUNDS Page 12 ontinued...
SHREWSBURY DRAPERS, HALL PRESERVATION TRUST NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 DECEMBER 2022 10. MOVEMENT IN FUNDS - contSnugd Net movement in funds, included in the above are a$ follws.. Incoming resources Resourc8S expend1 Movement in funds Unrastrlclgd fund$ General fund 28,639 121,5091 7,130 TOTAL FUNDS Comparatlves for movèmènt In funds movement in funds At 31. 12.21 Al 1.1.21 Unrestrlcted funds General fund 249,418 116,oon 233.411 R95trictgd fund$ Restrieled Funds 59.143 59,143 TOTAL FUNDS 308 561 Comparative net movement in funds, included in the alx)ve are as follows.. Inccming resources Resources expended Movement in funds Unrestrlcted funds General fund 11.534 127,5411 {16,CQ TOTAL FUNDS Page 13 continued...
SHREWSBURY DRAPERS, HALL PRESERVATION TRU NOTES TO THE FINANCIAL STATEMENTS - contlnu FOR THE YEAR ENDED 31 DECEMBER 2022 10. MOVEMENT IN FUNDS - contlnued A current year 12 months and prior year 12 months combined position is as foll(x¥8'. Net movement Sn funds Al 31. 12.22 At 1.1.21 Unre8trlctod funds General fund 249,418 18,87TI 240,541 Restrlctod funds Reslricled Fund5 59.143 59,143 TOTAL FUNDS 308 561 299,684 A ¢urTent year 12 month8 and prior year 12 montP ccmblned not movement in fuTha8, Ir£lud•J in the at>Jve are folltyvs.. Incoming resources Resources expended Movement In funds Unre8trlctod fun(h General fund 40.173 149,0501 18,877} TOTAL FUNDS 49 0501 Unrestricted fund8 represent funds available in furthering the charty's general al. The trLk8lees consider that a prudent policy needs lo be o$tlishod to retain a raason8bl8 level of funds for ful8 property maintenance commitments. They arè responsiL4e fcf the upkeep and pr8gerv8tion of an important histori buildiry and need suffiient financi81 resorve8 allable for future SUPP¢3rt for Ihls building. The rgstrrled fund r$pr*enl$ grants r8ed from the Trustees of the National Herilagg Memorid FuTrJ INHMFI kn¢Jwn as the Heritage Lottery Fund. £59, 143 has been uiilised to help purchase the Pfoperty, Shrew5bury Bfaper$' Hall. arKI cary out repair works. The contract with the NHMF slates that the lams and conditions cl tho contr1 sha51 cease 10 apply lo the whole or any part of the woperty on the exFiry d the Feriod of 80 years from the 17 September fj9. Poge 14 ontinuèd...
SHREW BURY DRAPERS. HALL PRESERVATION TRUST NOTES TO THE FINANCIAL STATEMENTS - contlnu FOR THE YEAR ENDED 31 DECEMBER 2022 11. RELATED PARTY DISCL08URES During the year, the TrLsI re1Ved donations of £494 from one tr1¢0, Niael J Hinton, In respe¢t of Drapers. tours and talks given during the year. Page 15