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|<br>to4|
|**Independent Examiner's Report**||5|
|**Statement of Financial Activities**||6|
|**Statement of Financial Position**|**7**|<br>to8|
|**Notes to the Financial Statements**|9|<br>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 Pl￿e
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
shr￿sbury
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 tr￿tee9 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 31oec￿ber 2022. The Irwlees have
adopted the provisions d Aceountiro and Reportirg b/ Charitiw.. Statement of Recommended PraCt￿e
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 Tr￿t qualifi& as small under sedion 382 ofthe C(xnpanies Act 21116, the Strategic report r￿uIr￿ 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 Obj￿InIeS 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. wh￿h 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 O￿n Days pro3ramme in Septemter 2022. Herita3e Open Day was 9
September 2022 and proved to k very successful W￿1￿ over 60 visitors to the hall.
Al the AGM, three Tr￿lee8 retired in ￿e0rdance w￿h the Memorandum and Articles, one was re elected and
two have b*n 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 D￿ernber 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 D￿ember 2023.
Res•rve8 poIIcy
The Trust does not have any sUnif￿ant 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 Us￿1 lo eslablk5h an Extraordinary Repair
FurKI, lo be used for m8jor repair5 wh￿h will 1ndvi1ab￿ be required in the future. 0￿e this reswve is SUff￿lent,
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 Tr￿le8S have a reasonable expectation that the Tr￿1 has ad￿￿at8
resources lo continue in owralional existence f(Y the foreS￿ble future. For this reason, they continue to adopt
the goiro concern basis in preparing the financial statem8nt$.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charrty is controlled by its governirg document. a de&J d trw81, and constit￿eS a limited company, linNI
by guarantee, as defin￿ by the Companies Act 2Cth.
Charlty constltutlon
The Tr￿81 is regiqlered in England and Wal&, as a charitable company limited by guarantee and was set up by
a Memorandum of Association on 1 December 1998. The Trust's registered charity number is 1073486.
Recruitmgnt and appointment of new truste8S
The management of the Trust i8 the rtswsibilrty of thè Trustees who are dected arKI c￿¢pted under the terms
of the Memorandum of Association.
Classgs of memb8r$hlp
Founder members are those rnernbe￿ who. in the first year of operation up lo 31 Decemtr￿r 1999, provided
loans, Covenants. Gift Aid or outright donations thereby lo assBI the Trust to purchase the Shr￿b￿ry Drapers,
Hall. These members enjoy full ruhls set out in the Memorandum and Art￿les, 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 wh￿h 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 wh￿h the Tru51 is ex￿e￿ 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 wh￿h 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 dir￿10[$ of Shrewsbury Drapers, Hall Pré5eNation Trust for the purposes of
company lawl are responsible fu preparing the Tr￿t&S, Report and the financial slalements in accordanc8 Wrth
applicable law and United Kingdom Accounting Standards (United Kingdom Generally knepted Accounting
Pract￿e) includirg Financial RepoTbro Standard 102 'The Financial Re￿rtITyj 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 trust￿5 are required to
se1￿1 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 r￿OrdS 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 tru*g85 of Shrtwsbury Drapors. Plall Pre¥ervatlon Tr￿t 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 tr￿ta￿S 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 a￿ordanCe ¥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 el￿aible for independent examination, I report in reSp￿t 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 r￿Orth wgre not k0pI in ra8￿t of Company a6 r8]uirgd by Section 386 of the 20C6 A¢l,'
the accounts do not accord with tho58 r￿ords,. 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 wh￿h
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
Re51T1￿ed
fund
Notes
SNCOME AND ENDOWMENTS FROM
Donation5 and legacies
924
924
250
Other tr￿Ing 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 r￿Uired 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 r￿ordS that c¢Jmply with *lions 386 and 387 of
the Companies Act 20C6 anly
preparing financial slaements wh￿h 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 s￿tions 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 provi￿On5 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 charita￿e Company limrf<ed by guarantee and was set
up by a Memorandum of Associalion on 1 December 1998. The Trust¥ r￿￿$t￿ed charrty number is
1073486.
The Dir￿10￿ of the Company are the member tr￿le8$ 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￿￿, wh￿h 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 i￿orne is r￿ogniSed in the Statomenl of Finan¢ial ￿t￿rtIeS 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 constrLtI￿e 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 ￿gr￿Jat8 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 or￿r lo write off a88et ovw its 881imated
useful lifo.
0gpr&iatlon ig providgj ¢Jn the following base8'.
nil deprgciation
straight lin8
Froehold pro￿rtY
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.
ReStr￿ted funds can onty bo used for part￿ular 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 ¢abl￿al￿Orn * 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 r0cCgn￿fjd al the amI￿nt 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$. Bas￿ financial instruments are initially r￿QgnISed at Iran8&1ion value and Subs￿u0n1IY
measured al their settlement v8Jue with the exception of bank loans wh￿h are 8ubs4uently measured at
amortised ¢¢61 using the offecllv$ intere8t M￿h￿s,
OTHER TRADING ACTIVITIES
2021
Hall Rental
INVESTMENT INCOME
2022
2021
Bank Intere81
Page 70
continued..

SHREWSBURY DRAPERS, HALL PRESERVATION
TRUST
NOTES TO THE FINANCIAL STATEME￿rs . 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 Tr￿lee$ of the
National Herit4e Memorial Fund INHMFI whose approval, if gwen. may be subject lo such ter￿0 ansj
c¢)nditions as it thinks fil, wh￿h 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 am￿nts
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
expend￿1
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$t*lishod to retain a raason8bl8 level of funds for ful￿8
property maintenance commitments. They arè responsiL4e fcf the upkeep and pr8gerv8tion of an
important histori buildiry and need suffiient financi81 resorve8 ￿allable for future SUPP¢3rt for Ihls
building.
The rgstrrled fund r$pr*enl$ grants r￿8￿ed 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 contr￿1 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 r￿e1Ved donations of £494 from one tr￿1¢0, Niael J Hinton, In respe¢t of
Drapers. tours and talks given during the year.
Page 15