MANCHESTER HISTORIC BUILDINGS TRUST (A company Ilmlted by guarantee) ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED OCTOBER 312023 C•ny nunknr. 3578992 Chwlty number. 1080606
MANCHE8TER HISTORIC BUILDIN08 TRU8T ANNUAL REPORT AND FINANCIAL 8TATEIIEII FOR THEYEAR ENDED OCTOBER 312023 INDEX Athmini8trative ITrformal>on Trustees. and Directors. annual reFXWt Independènt exarniners, report Group st8ttrrTnl of financial activities Charity 8talement of financi adivities 10 Group balantg sh'eet Charity bal8nè& she8t 12 Group and Charity statemBnts of cash flows 13 Notes lo the financAal statomgnls 14-26
MANCH&8TER H18TORIC BUILDING8TRusr ADMINISTRATIVE INFORMATION FOR THE YEAR ENOED OCTOBER 312tr23 PRESIDENT J R Allan DIRECTORS AND TRUSTEES A Walker R H8Ney to 241P A HigJins L C(Alins J Baxter N Eyre D J8rvis Mapp18 to 2418r23 A 0,8rn 10 2418r23 V Watson to 2418123 D Ouffy L Bum$ (Char from 8191221 (Treasurer from 8191221 Isecrètaryl (Vice Chairl LKg1 (Tffjasurer frcrfn 24181231 COMPANY SECRETARY A Higgins PRINCIPAL STAFF P•rt of key manag•ment: Sany JastrztbskLIOyd Oth•r MOMr¥ of staff: Lynda Ja¢k8on Katy Ellis Katie Bithbed¢ Lucy Gr8èn Yasmin ChoLhahry SSmon P8rter Evgnts Manager Volunteer and Co116clions Managgr Wedding & Hires Manager Wedding and HiTes Coordinator Financa Assistant Cle8ner REGISTERED OFFICE & PRINCIPAL PLACE OF BUSINESS 84 Pluth Grove Manchester M13 9LW INDEPENDENT EXAMINER & ACCOUNTANTS Slacy Mason FCCA HGA Accwntants & Fin8ncyal COrttants Ltd Va Chrtlenden Hcw*. Chartered Acfpjjntants Hyde Park House CaTWht Strggt Hyde SK144EH BANKERS HSBC CAF Bank Co- OKratIve Bank SOLICITORS DTM Legal LLP The Plaza 1(K) Old Hall Street LNèrFwI L3 9QJ
MANCME8TER HISTORIC 8UILDIN08 TIIU8T
TrubTEES' AND DIRECTOR8. ANNLIREpoftT -
FOR THE YEAR ENDED OCTOBER 312023
The trustèès present Iheif annual repjrt tcJether with the rx)rbsolid8ted finan(ial StateThnts of the charity and sts subsidiary company
for the year ended OLtobèr 31 2023 which are also prepared to meel the wuirements for a directors, report and accounts ft)r
Cornpanies act purposes.
REPORnNG ÈRAMEWORK
The finanaal statements comply wilh Charities Act 2011, the Companies Act 2006, th8 ArtKSes, and Accounting and Reporting
by Charilips.. Statement of Re(xTrtnmerKl8d Practicè aF¥Jluble to charities preparing thair accounts in 8ccord8nce with the Financial
Rèporting Standard applicable in the UK and Repuljic of Ire14n
IAANCHESTER HISTORIC BUILDING8TRusr TRU8TÈES' AND DIRECTORS. ANNUAL REPORT FOR THE YEAR ENDED OCTOBER 812023 Satisfied visitors and qualty of the vi5ilor offer ar9 wtsl to the (MwJoing SUCC oftr House. We are cornmitted to maintaining a high level of customer care and providing ongoing training opporiunities for all staff and volunt88rs and rnaking physical improvèrnants in terms ol accèss and interpretati(x). We regularty ask 11 vi&1S arKI line audierKw %that we do better and strive to mako these changes where we can. EGH scjjred 86% in our 2023 VAQAS insKMAK from Visit EnglaFKI. This inspècbon schemg thks at everything from pr&-ViS inlomiation online to th9 cleanliness of the toilets. as well as 9aneral custc¥ner servi. AJI the areas wère scored very gocxl or excellent. Ongoing visitor feedback survey resutts show that 83% of visiiors rats their exwign(x at Elizabath Gaskell's House as excellent and 92.9Yo of visitors rate the weknme by volunleets and staff as excdlent. The ongoiThJ hh quality of the visitor gXP8rience is a cfoss-tsam effort. Our on-line pr(NJr8mme, launched duriFKJ the paTrJemi¢. (Thtinues to with talks attrncting partirypant5 from all over the UK and from other countries. We have contrnued to develg) partnerships olher organisation5 during 2023. These hav& included partnership èvènts with The Bronto Par50nage. the Porlico Library in Manthester, Jane Austen's Hous8, The Dickens Fellowshlp and ChawtDn House in Hampshire. Noarfy all the events altrad audie95 of 1C#I+ whi¢h would bè impossible to achievg in person Ilhe maximum room capacity in the House 15 30.35 p8c¥)l&l. The ovef arching them6 for 2023 was Mary Barton, which linked to the current temporary exhibib'on. Average sp8nd in the Toa R(K)m irKr8ased in ling 1h ext8mal prKe rises and thg team also trialled and imptgmenled other ways to incrgase spend with new $h(w Stock including Jthpllery. wints an¢J new book 8drtK)n5. The Tea Room devdotmnenl group which consists ol staff and voluntaers. continues to eXOre ways to incrnase spend whilst maintaining high standards ol hygiene and fo salgty. Al the end of 2022, th9 te8m sucsSIu11Y applied for £5.IW ol gf8nt funding Irom Museum Devel¢Jpm8nt North West to ¢rg818 0 new temporary exhibition. Tales of Manchester Lrf8- EIiz8Pxth G88kells Manchester, opgned in April 2023 and explored how Elizabeth Gaskell pSented Manchestof and its peopl8 through her novels and Short slorigs. The searCh fL¥ the exhibition was ¢8rried out by a team ol volunleers. and to bring their findings lo life the eXhitXt indud&s interactrve and hands.on l&atures. Thls gxhibilion provided an opportunity lo display new ilems Irom the oJlJ8cts'on not previously display. and to continue to ¢8velop a dose working relationship wth the Worknng Cl85s Movement Librdry th1Oh tho hjan of one of their pamphlet collections. Al the start of 2023. Friend3 of ElrLat•lh Gaskell'8 Hw8e were invited to Sf#)nsor on8 ol nine bkS with an irwjividual donation ol £150 to cover the cost ol much needed repairs. Th& bcxs repaifad included a wry damaged copy of Shirley by Ch3rfotte Bronte and Lizzi8 Leigh by Elizabeth Gaskell. Ml nine books are row repaired and on display with bookptales in the Sluty for all visitors lo access. The books in the study ¢onlinue to enthral visrtors and we affj delighted that we can shafg more of the fascinating stori88 behind why we have theso twks in Ihe rdkntion. Wtr thank am our sptyw(Ks ts thw"r Suppt. Wrth thtr support of £3,500 funding from the Assockqlion of IndeF)dent Museums Arts Scholars Brighter Day 9r8nl scheme. we hav8 be8n able to fulfil 8 long.terni aspiralion, lo crgate a Reserve Colleth"on$ Store. which co¢Jld not have been afforded otherwise. Wban Eli28belh Gaskell's House opened to Ihè public tn 2014, foll(ywing extèn$Ne $toratIOn work. the work lo restolg the House was locu$ed prirnarily on public artras and therè w85 Minimal consideration at the ts'me for fomal collection storage. The reserve collection held in the attic is a rich reswrce for changinM)rary eXhI.1S and tor research and education use. We have a large res9rve collection ol boc$- often s8ed for their rarity arwj for Ihe arr of their covers. These divers& items were stored on sub-standard shelves and in tx)xes on the flc¥)r but this grant vered thg ¢051 of shglving, packaging materials. and staff trainiThJ. The new colleclKffi St was cffj8tgd in earfy 2024. The Director successfully applied lor £3,300 of Sustainat¥lty Imrmvwn8th Fund from Musaums Oev8k)pmonl North West and Arts Council England lo carry out a project to imwove and upjate gxtemal and intemal visilor swJn&Je at the House with the aim ol improving access, and to support an improwl visitor exFon"en¢e. The project W88 promptad by feedbad( fr visitors, mystery shopping reports and Visit England and followed reCmendatIonS from c¥Jr a(Less policy and plan which was updated in 2023. This investsnent to improve the visrtor expgrience will also diiedy supwt EGH'S planned appliCan for Museum Accreditation in early 2024, demon$tr8ling a commitsnènt to 8ctioning charvJe and develq)menl in temis of quality and aixessibility. Visitors with disabilities (both visible and invisible) and visitors wlh f3milTres (using pushthairslpramsl now benefit from the impYov8d signage which will show the best entrance to use, the bo$t route to lh& h'ft, arKI how to navig8le the house via the lift. The new extemal signagè Is now dearer, identtyin9 EGH as a histori¢ hwse and musèum in a weknmiTrJ and indusive way. Opening hours and how th8 building is used lalso for weddings and room hire} a aLso shtrwn. Thè pr91t also includes a new introttucbon panel Installed in the outer hall and has already received fflany pos wnments prO1ng. as planned, a useful introduction to a visit. Unfortunately. the House was a wdim Of 8tcThs that hrt the country in the SUMM of 2023 and the staff office and Willram Gaskell's Study were affected by water damage over the weekend of the 8 and 9 July. Thanks to the quick-thinking response ol oijr 51aff and volunteers, prerious trts)ks were resc and nothing from the cdlection was darnaged. However, the office glectrics w6r8 damaged and IfE Study had to be dosed lor a monlh whilst thè r(Kxn dried otrt fully. Lud(ily, we We ablg to keep the rest ol tha House open and still ptovided a wami land dryl Welco to all. Thank you also to those who thated funds tolallirKJ £S)O to the House during this b"me. The supwt was f&alty apprwiated and to mth.gate some of the cost of replacing equipment and drying out the rooms.
WINCHESTER HISTORIC BUILDING8 TRUST TRumE8' AND OIRECTORS. ANNUAL REPORT FOR THE YEAR ENDED OCTOBER $12028 .Partner¥hlps ' Elizabeth Gaskell's Hous& continue¥ to support the TrailiAazirwJ Women of Gater Manthester working group prowding space for several stiithing workshops througIlbt the yw ffieft 8nrt celèbratiThJ great women of Greater Manchester. The resulting banner and btjnling ¢ated are now on display al Ihe P8nkhurst Centre. hllowing a launch evenl at Station South in Levenshulme. We hosknj aNACFEST (MU1m Ajts Culiure Festival) wcwkshop in May 2023 Tuthsh Fkyal Art with atst Ashfia Ashrif. It was lovaly to welcom8 8nd famlar faces to th8 Hou88 lo leBm 8bxrt tho 8rt ftym ahd to veate th8lf own pi8tss to take home." Publlc bén•fit The Trustees tske into nsideratI the Chanty C¢JDmission guklarth on wblic ben8fft, èspecially in relat1,10 setting entran lees anq making the services that we offer more aCceSb. In addrt¥)n, Ihe Trustees are MmItted to delivering a comprehensive rang$ ol'education and outreach 8ctivths which wer& thduded in the original business plan and were updated in a business plan in 2023. The main thrust of the updatad business plan is directed towards broatl&ning the audience base 8nd g8n8r8ling addrtional Income which will contribute to long le¥m sustainability. A sustainab18 operation will ensure that thè public ben8fi15 which the proj8Ct has generated will continue in fulurg y&8rs. Espeualty important In Ihe pThl-covid period will be the pryJgr8mme of paid-lor on-line talks andsmaller weddlngs whjch arg expectgd to r•main FwuLw. ContTllJlrtloft"•f volunt••r8 The house nne$ to dgpond upon it3 loy81 team ol apFwoxknatèty 4{50 vdunt88rs who give up their bme to be room guides, staff tha tsa,foom, garden, lake part in o)nserv81kn18cO¥ili&s. 8uppNt schc4Jl gTOUPS. daliver online talks, carry out mintenance Df the buildir@ and more. We were aljo dghte tuathlgve B Gold Britain in Bloom award in the Small Visitor Attraction category in 2023 thank8tO the hard w(yk ol tg1 of vdurnBer gathern. From Klarch 2023 we IrreaSettthg of thg vobjlwer manager alkhknj for rtfft.¥olunteor davelopment aThJ improved recruitmtht and induction processéd lo tts put in pl induding irwthg acte88ibility. Lgjal requirements 8180 required mor8 robust Ar detsilecs papywrk to bg collected Irom all volunteers. In July 2lJ23 the staff team be9an to actively promolg PAkyo Vdunt88rifvJ PlniaS at th• Hou$a as one ol many AyB'to make ur VolUnbring more aesSIble and to help us Nl 98ps In sp90r rol85. In o short space of lime. we saw an Sncrèase in v(Auntsèrs ag8d 1&18 eno 2&Y) sKJnltvJ up and had our very first 8mploy8r- supported volunteering IESVI voluntoer. As an LYganl$atth we had extra hdp thjnng our btssièst bmes which has took thè pressurè off staff and l¢tytemi voluhi••rs. Volurrteern arnl 8tslf aliko 118w nw.lots ol n9W andloamt fromthoir in¢ividuAI experignce$. We cL)nllnued to host a student placemenl wlh Manchester Cdw, as part ol their inlemship programme supporting young gople b8rning disabilities. All th08e students who have volunte&r•d with us have gono on lo paid employment Or further educatiorT. Wei81s0 wolcomed voluntews from UnNwwty ¢Y MCh&sl and mat WoFdilan Univèrsity,bothon, BtrucluTr< pl8c8mgnts Bnd as standard volunteers. We mark•J P4ational Volunteeringwgek 2023 wmi a Éek oldOnal vbbjnleering OplnitIes. Actiwties includett leath3 of volunlegrs and trustee8 repainting some ofthe bfisenwnl.aas over )aYs. attend•nGe'at a volunteer event al central Library and a summer qulz night. Our annual volunte8r survey reports W$itively on ihe overall volunlegr eXrIenCe. 94% of volunteers reported that they were extremfjly or very proud of Ihe vdunleer work thoy did at Ethth tsaswl's House. 91% also said that thoy felt extremely or very appreci8ted.
MANCHE8TER HISTORIC BUILDINGS TRUST TRUSTEES. AND DIRECTORS, ANNUAL REpoirr FOR THE YEAR ENDED OCT08ER 31 202a FINANCIAL REVIEW Ov8rvi•w The group had a deficit on unsIr1¢1¢ general fvn(Is. tr8nsfers. fc th8 year of£54.312, The subsidiary h88 continued to cwrate G8skell Hcwjse and has bjme an awowate share ofthe costs. RSsk management As part of tho 2023 Business PlanniThJ prccéss the Risk Registsr vrds revtsed. Seven Mai risks were identified which included rinancial iisks. risks to the building and (x)Ilection and capaoty issues. mitallOnS were put ift PL0 to redu the risks. Reserves The charity is required to hold finaniial ffjseryes lor the loMM"ng reasons.. To buffer any short-leThn volatility in irKg)me .expeThJir9 ( in thin9 capitsl requ1rennts,. To providè sècuiity to paid slaff to 8nsure Ihat t charty will b8 ab19 to meet all its financial OblationS linked to &mploym8nl (regardless ol whether Ihese arg rwovKl8d lor in Ihe wjuntsl., To provide tho Charity wth the means ¢0 strategically, and to pri[1 brrfJer-tgmi 90818 rather th8n cperate ents'rely on a'hand to moulh"basis. To il is ab18 to atteThJ to twikJirvJ maintenance issu88 in a tilY mann8r. Considering the scale ol the charity's operalK)n Ihè Truste8s consider Ihal the required level ol free rerveS, that is unrestricted funds not invested in fixad assets or oth8ThYis6 deggn8ted. la150 refeffg(I lo as general fund wlhin finanu81 slalemenlsl, that are ID cover ilerns al ¢0 cl abgve sh11 be in the r8gion of £60.OCX)- £80.000. The trLSStees also ca)nsidèr th818 designated fund lo address dl is requlrgd of £60,OCQ. Consequentty. th$ Trustees have d&natod £60,{ d rgseThe$ fora 8uilthngs Maintenance Fund, as it Is tw ten years slnc& major work w88 Ulertaken on th9 Hw8e ahead of oF•nin9 to the put4ic aNJ Some maintenance and ropalrs a ThJw considgrad neCeary. In addition lo the Building Maintenance FuThJ, Trustees have deSnated an addib"on81 £40,CX)O rgceived by way ol donation in 2022 to the r&stoiation ol the Victorian ¢onservatory. to further w10 the Houso lo the way it was in use in tha Gask811's lime. 01 this £34,000 r&mBins unspent. Wg onticipale drawing on our r8s&Ne8 in the next finanoal year for reFennI of h)1 wgter geyser. rw computer equipm&nl and software, an(1 upgrading fira alami system. We will aim to rebuifvj our resgrves as sc¥Jn as possiblo. Al October 312023 fr99 reserves (general furvjl 819 £88,120 aThJ totsl de5ignatad ftw)d8 are £94.000. Going con¢grn Following the Covid 19 pandaynic, in common with many museums. we fouFKI our visrtor figures were subslanlially reduced and building confidence among visitors has taken time. Although steadily improving cmjr vI10r figures are still below 2019 lav81. In addition th8 Cost ol Iwing crisis with its negativ& impact on o)st ol supplies and servi, and the disposable income available to our visitors, has had a detnrnental effeci. We have made granl appli9tnS and havo Iwked at ways in which we can increase our income in future and the trustees b&1¥8 Ihe charity remain$ a going concem. In 2022123 we reVed grants totslling £11.100 for prq8(# vrt)rt to enharK Ihe wsitcff offer and the wllectvjn, thèse were detailed above and included.. £5,( ol grant fundir4J from Museum Developm1 North Wesl to creatg a nvw tempor3ry exhibition. Tales of Manchester Lfe- Elizabeth Gaskdl's maheSter (April 202>(kt 20241 £3.500 fundin9 fr¢yn AIM Arts SthoLqrs Bnghler Day Grant for a new wllecbon store £3,300 01 Sustainability Improvement Fund from mUseun Devekpmenl N(xth West and Arts Counul England to carry out a projed to irnprove and updat& gxternal and inlemal srt(X signage
IAANCHE8TER H18TORIC 8VILDIP468 TRUST TRUSTEÈS, AND DIRECTOR8. ANNUAL REPORT - FOR THE YEAR ENDED OCTOBER 812028 . FUTURE PLANS At the 2023 AGM we welcomed Luke Kelly as our new Treasurer, replauThJ Rtiard HaNey wh) had resigned. Unfortunately. Luke has had to resign for personal reasons in early 2024 and we are in Ihe prlxw ol rec¥uibng a new Treasurer. exa MJpplèbeck resignèd from the Pthrd in 2023 as our'Trustee l&adfor Fundl51n9 Jd Ann O'Brien stepped down 8fttrr many years on the 808rd 8nd the Friènds Commrttee. Fdl(Mng a skils audit a InJsl•g reuvitmpnt rkIng group the board eomm8nced a programme of recruitment in May 2024 to fill 5 vacant on the Boaril. e reVIeed our stsffing $tru¢turo in >023 to 8nsurg have capaiity to ¢Jelwerour ServiS wilhin the constraints of our rasources and that staff had job liues that fleCted their rofes 8rKI responsibilihes. As a result changes tr) job title5 and increasos to some staff hours were made. The Wedding Manager IprevK)usly Cwrdinatorl role was increased from 4 days to 5 days. the volunteer and collection managers IPrewu3ty HDus8 Asskgtsntl incwsed from 2.5 days to 3.5 days per week and th& accounts roles from 1 to 2 days. 11 was prop0580 Ih818n 8dditK)nal'nèw rols IH(xJs¥ Assistant) Wh be recruited on a 12-monlh Lajntract for 8 days perweek to SL¢PPOrt weddings. room hwes. Fiiends adnun 8nd lake on day-ttrday admin currendy undertook by the Director. As of Marth 2024 Ihg paid staff team nDW consis18 of 7 PeOFd81&]uival8nt to 4.21 ftJlktimB 8ff),' House Director, Voluntser & Collections Man8g8r, WeddiThJ & Hires Man4er, Events Manager, Finance Asgstsnt. H(wse A55istsnl and Cleaner. A8 reportèd pleOUSlY th& lease lrAthon in¢xM of'£11.CWI was surrendgred by the18nanl for"on8 lanJo rc¥>n 8nd one'srnall room Irvffl June 2023. The office sp8ce has been twu lTrprovbJg imFThed Stsff acojmmodation. briThJing thg whole tèam togeth8r for better cTrworking. bur weddlng'bockings continué to remaih popular choke for $tn811 eddlA9$"I9s people ¢ir less) with oveAvhelmingly positive reviews and we have been al or neat lull c8paoty fth the p8sl lew years. The cosi of living crfs¢s has had an impact on the weddlng sgctof ggnaralty but thankfully the impacl has been minimal so far lor the Hcyjse. Although annual pnce increases a implemented as standard there is little development to increase th8 number ol the we(hJiThJ lurther lo tx)th a limit on stafflvcAunteer capacity lo organise and staff the events,. and the impact Ihal dding$ h8ve on the fabric ol th& building and 119¢¢1. Taking this into nsidor8tion tha staff and Irus(e8 team agree that24125 is the maximum numbar ol woddin9s that can be held each year 8t the House. Admisslon prf¢g8 on ¢wn days wera in¢yeas8d by Sop in M)v 2023 wilhout any nggatfvg effect on numbèrs or incom81gvels. Al rice5 é.reviawied annually wilh'lurthwprice ris•s'awss al a¥$ plgnned ftr Nov 2024. STRucYuRE GOVERNANCE AND IAANAGEMÉNT Gov•mlri# documènt The Chèrity is a company limited by guarantee arJ 18 governed by its Memorandum and olAssocialion dated Jun& 10 1998, SS 8mgniJ9d by $p&cial resolutn dattd Seplember 19 2020. 11 is Tegistqrad as 8 th8(lty wth the Charity Commissiori.: emrI ofth• company Thosg gli9iblg lor membership of the company are lhe ljin81 subsuibws to fv Arfic408 8nd.suth olher persons or corpor8lion8 s may desire to bè admrtted lo membership and ¥. are elecled by the GovemiThJ Bodf. Thertr are currgnlly 170 m&rnbèrs oflhe compaty, npntr of whith arè corporathms. each ol whom agrees to conlributè a sum rv)1 0Xding £1 in ihe event of the tharily being wound up. Appolntm•nt'of DlrKtors and Trusteè¥- Th? Gov•rnlng Body The Dirèctors. who are the Trustees, are" Ix)lkntivd¥ Known as the Gt"erriing 80ty. TW are appnted either by th#'Govgming Body or by. t8 members in general mé'ting. One thi of the Trustee5 retsre by rolation each year, being the lty)gest in office and aro efvJible for ro-èlection. Only those rètiring by rotOon or those nominated by Ihe Governing Bcxty a eligitAe for election unsess a mèmber givès notlgss than fourteen and not olè than .xty days written noti Idefvered to the Company's registered offi> ol their intènb.on to stand or prow)se sonieorte e169 for elèclitsn Kwho has also (rim1ed in writin9 their wllirrfJness to b& e8<11, Trustèo rncniltthen( Induction and tralning Trustees are recwited for their indiwdual skills. experigrK arKI and usualty have an interest in the Gask811s, either through Elrzabeth'a writings or William's religious and s)81 work whith he was supported by the resl of the family) aFKllor an interest in promotsng the house as a community, arts and cultural venue. The TnI Govemance rewew also includgd a skills audit of thé board. A succossion pLanning p has been created Ao recruit board members wth apprO"atti skn.lls and knOwge. Irustees arè made aware ofthe resoJr¢es aval8b. th¢ Charity cmIsSi webslle. Organlsatlon The Governing Bc*Yy, which must r¥)t be less Ihan fve mmtrErs or more th fifte. administers the Charty and meets as ne$sary, now bi-monthly. Resw)nsiLMIty for daY-tdaY martagem8nl is dèlega to the House Director.
MANCHESTER HisfoRIC BUILDING8 TRU8T tRU8TEES' AND DIRECTOR8. ANNUAL REPORT FOR THE YEAR ENDED OCTOBER 812028 Relat•d partl•s Details ol related paty transactions are gNèn in n(rt95 to financaal statements. Coryoperatlon w5th other organlsatlonglcharltl•$ EIE8b8lh Gaskell's House conbnues lo play an 1v? role in a varietyofnelworks across Man(ter induding the HIDDEN eork, Man¢hest8r City of Uterature. the Oxford Road c(xridor group and Marketing Manchester visitmanchesler.coml. Nationally. EGH is also a rnember of the Historic Houses Association which 9ives fvee enty to members and th8 Literary Houses Network. All of which provide opportunslies to market and promote the House to dilferent asjdiencès. Within the rnuseum sector EGH is a member ofAssocialion ol Independent Museums IAIMI, Ihe Mu58urrt Assoaa¢ton and MLtseum Development North, which all provide acc6s8 to training, netsyorking and grants. Elizabeth Gaskell's Hc¥Jse has also hosted nts as p8rt of Manthester LiteraTe Ftistival and is a part of thg 9nsort1urn of organisalions devekjping Manchesierfs UNESCO City of LIrature aclryiknes. TRUSTEE8' RESPONS181UTIES IN RELATION TO THE FINANCIAL STATEMENTS The trustees (who are also direclors of lh& company for Ihe purposes of company lawl are re5ponsibte for preparfng the Trustees, Annual Report and the finanaal stat&ments in aCCord8n applble law and Unilgd ngdoM Accounting Stanil8rd5 Iunited Kingdom Generally AcLepted Accounbng Prac1e1. Cornpany law requires th8 trustees to prepare finan¢wl ststements Ic finarla1 year, which give a true and lair view ol the stale of affairs of the chantable company and of th* in¢oming resources and application of resources, including the income and exp8nditure, of th8 chantabb company for that P9fKtyJ. In paring Ih8se financial stat9monls, the trustee5 afe requirgd to.. $818Ct suitabb aCunting poliCS and Ihen awy them ¢onsislentty'. observe the methods and principlgs in thg Charitie5 SORP IFRS 102}180¢d ediknon- Octotor 20191.. • make judgem8nls and &sbmates th818re reasonable and prudent., slate whether applicabla UK A¢unlinp Slandards have been folbwed. subiecl to any material d8p8rture8 dis¢l08ed and explained in the finanaal $tatemgnts', prepare tha fin8n¢ial st8tem8nts on the going Uxbcem basis 188$ it Is inappropriate to prgsumo th81 the charitsble company will contsnug in opgralion. The trustees ar8 responsible for k9eping 8dequale aC(¥tIrrfJ Tewrds that disdos& with reasonabl& acojraw 81 any lime the financial posbtion of the charitablè Company and enable them lo ensure Ihat Ihe finanual ststements comply the Cornpanies Act 2006. They are abo responsible lor safeguarding the assets ol the charitablo Company and hgnce for t8n9 reasonable Steps for thè prgvention an<J de18¢tion of fraud and other irregulanties. SMALL COMPANY PROVISIONS AND APPROVAL This r8POrt has begn prepored in accwdarKe with the prowstons aFvlublg to Ctynpanies entitl8d to th& small companies exemption. Approved by the Board of Twste&s and 3wJned on ts behalf by.. Alexandra Walker- Chair Date.. 2S17r2024
IIANcHesfER HISTORIC 8UIL0114G8 TRU8T GROUP STATEMENT OF FINANCIAL AGnvmES Ondudlng tho Incarn arbd •%ndItre a¢oount) FI ThE YEAR ENDED OCTOBEft 812028 I report to the charity trustees on my examinaiion of the consolidated accounts of the GfOUP eomprisin9 Manchester Historic gulldings Trust (Lhe companyltharty) and its subsidiary for the year ended October 31 2023 which are set out on pages 8 to Z4. Respon•lbllltles and basos of roporl As the charity trustees of the compèny land also its directors for the purrw)ses of cornpany lawl you are responslble for the preparaisoh of the accounts in accordaDce with the requirernents of the Companies Act 2006 1.the 2006 Act'l and you have chosen to pare consolidated accounts for the Group. Yottr are satisfied that the account5 of both the Charity and the Gmup are not reqLJlred by charlty law ro be audited ano have chosen instead to have an indendent examination. Having satlsfled myself that the accounks of the company are hot required to be audlted under Part 16 of the 2006 Act and are eligible.for,independenY examinaty"on, I repdrt In $pert of my examination of your consolldated accouNts as carried out under seetion 145 of the Charities Act 2011 {'the 2011 Art'l. In carrylng out my examination I have followed the Direttions given by the Charity Commlssion under sectfion 14515llbl of the.20JI Act. Indep¢niient examlner'• *tat•m•nt. I have cpffjpleted my examlnatlon. I conflmi that no matter5 have come to my attentlon In connethon with the examlnatlon glvlng me cause to belleve that Sn any materfal respect: ¢¢ountlng records were not kept In respect of the company as requlred by sectlon 386 of the 2006 Art;.or the actounts do not accord wlth tlw recwds; or tVL¢,accounts do not wmply with the accountyng requlrements of sectlon 396 of the 2006 Act other than any requlrement that the accounts 9lve a 'truè and fair view. which Is not a matter consldered as part of an Independent examinatlon,. or the pccounts have not been ppared in accordance with the methods and prlnclples of the Statement of Recommended Practlce for accountlng and reportlng by charlties applicable to chatIeS preparlng thelr accounts accordance wlth the Flnonclal Reportlng Standarij appllcable In the UK and Republlc of Ireland IFKS 1021. I have no concerns and have corne across no other matters In connettion wlih the examlnatlon to whlch attentlon should be drawn In this report In order to enable a proper understandlng of the accounts to te reached. For and on behalf ol- gtacy Mason FCCA HfjA Accountants & Flnanclal Consultants Ltd Va:Chlttenden Horley - Chartered Accountants Hyde Park House Cartwdght Street Hyde SK14 4EH Dalè- 251712024
MANCHE8TER HISTORIC BUILDING8Tr118T CONSOLIDATED STATEMENT OF HNANCIALACTIVrn&8 AS AT OCTOBER 8l•T 2tr28 Notes Unrestrtct6d fund8 strlcted Total Gengral O•slgnat•d Funds 2023 2022 Ineomlng rèsour¥ from g•n•rnt•d ful-. DonalHJns 16.703 11.100 27,803 89,402 Charft8ble 8ctiviti88 39.517 39.517 32,694 Other tradlng adv 76.707 76.707 66,823 Investnwnt lncxJ- bank Interest 1.009 145.036 266 TOTAL INCOME 133,938 11,1 189, 185 EXPENDITURE Ral$ing funds 64.491 84.491 42,537 Charitable 8Ctivltle$ 123.757 16.145 139.902 745,877 TOTAL EXPENDITURE 188,248 16,145 204.393 188,414 NET IN¢OMEIIEXPENDITUREI BEFORE TRANSFERS 154,3121 15.0451 159,3571 T71 Transfers betsveen funds 16 16,rxoi NET MOVEMENT IN FUNDS 16 148.312} 16.OCKJI 15.0451 159,357) 771 FUNDS BROUGHT FORWARD 16 136.431 100.Crt)O 2,611,395 2.847,826 2,846,898 FUNDS CARRIED FORWARD 16 88.119 94.000 2,606,350 2,788,469 2,847,669 The notes on pages 13 to 23 lorni part of these finanual stalements.
MANCHESTER H18TORIC 8UILDING8 TRusr AS AT OCTOBER 312023 Unrèstrictod fvnds Restrlct•d Total Total G•n•ral D•slgFWt•d Funds 2023 2022 In¢omlng re¥ourco5 from ggnorntgd funds: Donations 16.703 11,17 27,803 89.402 Charitable activities Other trading adivilies 16.818 16.818 28,781 Invg*trn8nt incorn- bank interest TOTAL INCOME I.IyJ9 34.530 1,009 45,630 422 11.100 118,605 EXPENDITURE Raising lunds 2,561 2.561 5,195 Ch8rltsble 8Ctivltl 86,280 16.145 102.425 112,483 TOTAL EXPENDItURE 88,841 16,145 104,986 117,678 NET INCOMEIIEXPENDITURE) BEFORE TRANSFERS {54.3111 (5,045) 159,3561 927 Transl8r8 belween funds 16 16.IMI NET MOVEMENT Ihl FUNDS 16 148.311) 16.rJ)o) 15,0451 {59,356j 927 FUND8 BROUGHT FORWARD 16 136,431 60.WJ 2.611,395 2,807,826 2,846,898 FUNDS CARRIEO FORWARD 16 88.120 54.cw 2,606,350 2,748 470 2,847,825 10
MANCHE8TER H18TORIC BUILDING8 TRU8T AS AT OCT08ER 312023 GROUP BALANCE SHEET AS AT OCTOBER 312023 Notès 2023 2023 2022 2022 FIXED ASSETS Tangible Assets- functional Tangibl8 Assets- heritsge 11 94.839 107.626 2,516,654 2,624.280 12 2,516,654 2.611,493 CURRENT ASSETS Stock 7,932 1¥.503 9,851 21,975 Debtors 14 Cash at Bank and in Hand 1811.059 223,543 255,369 206.494 CREDITORS unts fBllln9 due In on ygar 15 29.519 31,823 NET CURRENT ASSETS 178,976 223,546 NET ASSETS 2,788,469 2,847,826 FUNDS Unreslr+cted 16 182,119 2,806.350 2,788,469 236,431 2,611,395 2.847,826 Reslricled 16 TOTAL FUNDS These fin8n¢ial st81ements have been prepar8¢J in a¢x¥rJanc8 vthh the wovts•)n8 applble to o)mpani88 subject to the small companie5 regirT*. For the year ending October 312023, th8 company was entrflad to exemption from di1 undèr section 477 01 the Companiès Act 2006 relating to small CoMpanS and no not8 has b88n under saciv)n 476 requir¢ng the company k) obtaln an audit ol ils accounts fof the year in questKJn. Dlr•ctors' respon8lbllltlos The directors acknowledgè their r8sponSFIIts$s kn c£. wilh the requirgments of the Act vAth rospect to accountirya rocords and th8 preparation of accounts. Th& notes on pages 13 to 23 fom p8rt of these fin8n(ial ststernents. Approved by the Board and authorfsed for Issue on: 4r112024 And signed on their bohalf by: Alexandra Walker- DITe¢tor Company registration number 3578992 11
MANCHESTER HISTORIC BLIILDINGS TRUST A8 AY OCTOBER 31.2023 CHARITY BALANCE SHEET AS AT OCTOBER 312023 Not•s 2023 2023 2022 2022 FIXED ASSETS Tangible A%sets- fUnCtn01 Tangible Assets- heritage Investsts 94.839 2.518,654 10 107,626 12 2,516,654 13 10 2.611.503 2.624,290 CURRENT ASSETS Debtors 14 75,411 122.971 198.382 88,793 155.523 Cash at Bank and in HaThJ 244,316 CREfiiTORS rTrJunts falllng due In on8 yéar 15 21.416 20,780 NET CURRENT ASSETS 176,967 223.536 NET A8SETS 2,788,470 2,847,826 FUNDS Unrestrlct8d 16 182,120 236,431 Re8trlcled 16. 2,006,350 2,788,470 2,671,395 2,841,826 TOTAL FUNDS Thèse financsal sl81om8nts havè boon weparèd in P£thrCe with the pro¥iworB applicat48 to o)mpanies subjoct lo the small companles rogime. Ftsr the year ending October 312023, the company was eniiilod to gxemplion from audil Ltnder section 477 of the Companie Ad 2006 relating to small compani&s and no notice h8s been dep.[ed under secb.on 476 requiring the company to obtain an audlt ol its accounis for thg year In qug$lx)n. Olr•ctor8' r•sponslbllltl•$ The directors acknowledgg th&ir r8spjnslrKlS for LvnFlying V•ith the reqremon of the Act th respect to accounting recordg and tho preparati071 ol aryo)unts. Tho170191 ¢)n p898s 13 to7i fom part ol Ihese finarKial statements. Approved by the Board and authorl8ed for188u• on: 4n12024 Apd slgned on th•lr bohalf by.. Alexandra Walker- 05rector Company regisirallon nuTrknr 3578992 12
NOTES TO THE FINANCIAL 8TATEMEirf8 FOR THE YEAR ENDED OCT08ER 312ty23 1 ACCOUNTING POLICIES Iconllnu•d) Functional tsngibl• fixed assets and dèpr•clatl¢)n Individual functional fixed assets costing more than £l.1100 ar8 [¥1811sed at cost and a depated, after taking account of r85idual values. over their esbmated usèful lives ¢)n a strght line basts as s61 oul below. D8praci8ts"on r8tes are as follows.. Fixtures and fittings 25% Display and Intorpr9tst¥)n over 15 years H•rltag0 As80ts Assets held for their histori¢81 or artistic importance to ad%rAnc6 weservation, 0)nset# and public access to the nats'on's culture and education are classified as heritsge assèts in the 8cwunts. The TnA8t pItaliseS heritage propeth'es at their purchase price plus any restoration costs to restore them to Ihèir l(XTner 1x)nditi and bring Ihern into use. Afty further preservation wsts are eharg8d to the stslem8nt ol financial activities when Carried out. The Trust owns the freehohl propgrty Gaskell Houso the forrller home of th$ ElY8b8th and William Gaskell and thwr daughlw5 and during thè ygar o)mmenced tho final stage ol tha rèstor81ion through work on the Coach House. Items a¢quired for exhibition are included at their pur¢hase price or if donated at their estimated value on acqulsltlon. No depreciation is chargad C h&rit8ge 8ss8ts as the trustees tdieve that have an ind&rlte life. The irustges consider annually whether any heritago assfjts have be8n Impaired and adjusl ts Carn9 V81ue aOrdInglY. Th&re have been tx) Impairrnenls lo the assets. Oebtor8 Trad6 and other d8btor8 are recc4Jnised al the settl8Thnt arrwnt due and pKepayments are valued at amount prepaid. Ca8h at bank and In hand Cash al bank and in hand includes c8sh and short term hHJhty liquid InveStrn a short maturity of three mnlhs or less from the dale of acquiglion or opgning ol the deFrf)sil or sifflilar account. Cr•dltor8 and prov1(+ Creditors and provisions are recognised where lh& charity has 8 pre58nl jaIl resulbng from a past event that ¥MII probably result in the transfor ol funds to a third paity and the amount dug to selue the at)n can be m&a$ured or eBtimate(J r8llBbly. Creditors and provlsions 8re nomalty recogni58d at their sètuament amounl. Flnanclal Instrumènts The charity h8s onty b8sc financ1 in$tTumBnts vthith ara 1nrf1ty rgc(¥ded at cosL and sthwuently masured al their settlem9nt value. Group Ilnancl818tat•monts The financial ststements consolidate the resuts crf tharity and its Wh)1 subsidiary, Tr G88kell's House Trading Ltd on a line by lin$ basis. Judgemgnts and k?y sources of •stlmatlon une•rtainty Thg preparalron ol the finanaal statements wuires man89ement to mako jU(trJemts, estsmat&$ and &ssumptKJns that affect the amounts reported. These estimates and judgements a Ints'nualty reeWed and are based on experience ond other factors, including expectations of future ¢v&nts that are belved lo be reasonablo ufKJer the orcumstsnces. 15
AIANCHE8TER HISTfhglC BVILDING8 TrUST NOTE8 TO THE FINANCIAL 8TATEMEpITS FOR THEYEAR E14DED OCTOBER 812tr2a 2023 2022 Unr•strfct•d R•strlctsd Totsl Unr•8tslct•d R8strlctsd Total 2 DONATIONS pcsp HLF- CRF2 33,0 33.500 Blffa 39, 184 39,184 1,194 Oth8f 721 721 1.194 R8W a R8covery Leoacy MCC Bu8ln8ss supporVCOV M8nJ8rsNp tIonaOnS- indiwduals 10.(KI) 10,1100 2,370 2,370 DoneOn8. b8droorn Sustslnable rproverrnnl FuTrJ Donallons- g8rd8n Group ltrJcome Gaskell'$ Hou88 Tradlrvj Ltd Ch•rfty Inmft &250 4250 16,703 11.1tKI 27.803 10,274 79,128 8&,402 16,703 11.IC 27.803 10.274 79, 128 89.402 3 INCOME FROAI CHARITABLE ACTIvlES Ch•rtty In¢on Em•d In¢om• Suboldl•ry In¢om• 1th88k) 29,751 29,751 26.114 26,174 Gulde book8 Ev6nts 9.7e8 9,7e6 39,517 6.520 32.694 O,S20 32,6941 39.517 Oroup th¢om• 39.517 39.517 32.694 32.694 4 OTHER TRADING INCOME EnIs, r8ffl88 and olh8r 972 8,281 8.281 Rent an(J room hSr8 15,846 15.846 16.818 Charlty Inrtsm• 16,818 28.781 28,781 Subsldlary Incom• Tea roorrÉ 11.943 8,303 8.303 Book3 and gifts R¢J)rn hire 16242 41,704 16.242 41,704 13.613 13.613 34.407 34.407 69,889 69.889 56.323 56,323 188è •llmlnated on consolldatlon- Rent & manageffnt tharg85 lo GHT {10.Ocl 110,0001 IIB.28IJ f18.281} 76.707 76.707 66,823 66,823 16
MANCHE8TER HISTORIC 8UILDING8 TRU8T NOTE8 TO THE FINANCIAL 8TATEIIEPU8 FOR THE YEAR ENi)ED ottr0 812tr23 5 TRADING SUBSIDIARY -Th• Gaske115' Hous• TradlThg Ltd 2023 2022 Turnover 109806 119.9951 89.411 189.4111 89,OIT Cost of sabs (14,318) 74,699 Gros8 proflt ftinistralion costs (74.699) DonatKJn to Manchester Hi8torhc BvHdlngs Tnjst Other incoff19raJ)t from MHBT. elininalad on CL¥KFath)nI Int8r98t r8¢xNate N•t profft bgloro toxotlon T8YAtion N•t profft aft•r tsxallon Tot81 a8$el$ 64846 185,6361 10 85.646 (85.6361 io Net fund8 Subsldlary ¢o•¢• In¢ludgd In Group accounts C08t of 5819$ 19.995 89.411 14,318 Administr8tDn ¢t5 74,699 (18,281? TO,736 L888 ellrrinaled on conK4klalkJn- rnnt aThJ ftwnag•rnnl eh8ig• 110,0001 99,406 su1d18ry In¢omo ond ¢o•ts Indud•d on ¢OnlIdatIOft ar• anatya•d lollow•: Chorw) 2023 Ch•rftabl• 2022 •¢¢lvlfl•• Fundrnhlng Tot1 acllvltl•• Fundra181ng Totsl INCOME Tea rooTr 11.943 8,303 ,3Q3 13.613 Books and gfft6 Room hire 16.242 41.704 16.242 41.704 29,751 13.613 34,40T 34.40T Adnisslons 29.751 26,174 26,174 Guide books Events 9.766 39,517 9.766 109,406 6.520 32.694 6,520 89,017 69,889 56,323 EXPENDITURE Staff costs 22.670 67$ 14299 18.299 36.598 6.886 Direct costs tea rcAxt 8,277 277 6,886 Goods for resale 8.279 279 4,229 4.229 TKketh'ng. event and other costs dvertisin9 an<J puljicity PretThse5 & iUranCe costs 3.439 3,373 1439 745 1203 3.&37 5.053 3.W2 33.394 3.203 3.373 5.556 6.395 3,369 2,001 37,342 8.422 Ovetheads 4879 99.406 5,003 37,4TT 61.¥29 70.T36 Rent charged by the charity of £10.IX)012022- £10.(XNJI is elirrinated con50tklation. Pr8nrys8s. insurance and ov8theads are alwted aft ests"n*te of uwi. 17
MANCHE8TER H18TORIC BUILOIN08 TRusr NOTE8 TOThE FINANCIAL STATEI•ENT8 FOR THE YEAR ENDED OCTOBER 812tr23 2023 2022 Unrestrl¢ted Restrlcted Total Unr•stricted Restrl¢t•d Total 6 COSTS OF RAISING FUNDS Staff costs Direct costs SupFx)rt costs Ch•rlty co81s 1561 1561 5, 195 5,195 1,195 2.561 5. 195 Subsldlary cts Staff costs 34.005 18,299 6,886 18,299 0,186 4,229 Dlr8ct costs tea r(x)m 8.277 8,Rn 8.279 3.373 Goods for res8le 8,279 3.373 4.229 dvertising & rrorkeltng Prenises, IUranCe & oveth&ads 2,558 5,3TO 3r,342 5,370 61.9 61.930 37,342 Group costs 64.491 64.491 42.537 42.537 7 EXP.ENDITURE ON CHARITABLE ACTIVITIES. Charlty Gr8nt p8l¢J to Subsidiary StafficosI8 47,079 47.079 49.401 49.4PI Activily costs Oth&r.dlr8Ct eosts 9,490 12.787 D•pClat10ft Support costs Charged to restrtcted funds Totol lor charlty company 12,78r 31,069 13.304 113,304 43.238 43.338 116,1451 86.280 16,14S 16,145 (63,854) 48.629 63,854 102.42S 63,854 113,483 Subsldl•ry Dlr•¢l¢o•t$ Slaff gost$, Tlcketlng, ovant aThJ oth&r costs PrgrTh8es & insurance costs 22,670 3.439 22.670 18.299 3.203 18.299 3,203 5,063 5.053 Stspport costs wlth subsldlary: Advortising & ff*rkotin Ovgtheads 3.373 3.373 3.831 3,002 3,837 3,002 33,394 37,477 37.477 Grant elinmnated on CCs011datn tplil for group 123.757 16.145 439.902 82,023 63.854 145.877 Total costs of £6,000 Icharit8b181 have b8en charg8d to designated ftJnd512021- £9X)}. 18
MANCHESTER HISTORIC BUILDIP4G8 TRU8T . NOTES TO THE FINANCIAL 8TATEMEPIT8 FOR THE YEAR ENDEOOCTOBER 312023 8 SUPPORT & GOVERNANCE COSTS 2023 2022 Fundral charltablo Total Fundraisin Charltabl• Total Supportcosts Premises & insurance 15.562 17,291 7.802 18,306 4.398 2.783 8.582 offi cos($ 8 ¢)ther Costs 4,887 2,783 Circularisation 2.561 2.561 5.367 Advertlslng & prorTr)tion SetsJrity & m8intenance Manageent accounts Bank chsrg85 5,367 8,582 6.216 15 138 153 622 5,594 37 37 3,050 2,t150 1,437 46,295 1,437 41,100 2.561 31.019 5.195 Gowmon¢• Costs Legal, professional & acctyJnl8ncy 2.137 2,137 2.137 2,OSO 2,137 TOt•l¥upp ¢08ts 2.561 34630 &195 43,237 48,432 ¢ts th81 ¢8n be wholty 8ttrlbul6d lo •ilti•f )rt w go¥emanc• are 8frttated dire• to tMJs• fiJnctlon8, and oth8r cosls are altocaled elther on th8 basL8 01 the estintyJn of tirre 8penl18taff costsi or 0XUtjn of resource8 loffico costs). 9 GROUP NET INCOMING RESOURCES AFTER TRAN8FeR8 Th18 Is ststad antr chargingll¢redrfryl'. AccounlanVkndep8nd¢nl ern8¢8 fee8 Report count8ncy and advke Depre¢i8llon charged on ass•ts Directors. r8rnuneralion & trustees, eynse6 2023 2022 2.050 2,765 13,304 12.787 10 STAFF INFORMATION Staff co$ls Salaries and b8rffjffts 11Kt,8OS 83,631 1,394 974 Employerfs peTh8m conln"tJtths l¢Jgfin8d conlribubDn 8d[re) Employe¢8 Nl c(mtrSbution$ Ino1 of8rrpkny8ts aPn*8ncel 1.685 1,264 103,754 85.999 No ernployees 8am8d re thart £80.c pa Tri thr y b K•y manag•m•nt p•rnonal The key managerrent p8r5 rwrise the InJ$tee6 and staff a8 set on page 1. The trustees do not receive any rerThJn8ralkJn lor Ihelr soe EryloyrrBnt tsefts prinritAe staff 37,62S 37.625 c Average number of ernploy••$ The av8rage n¢Jmberol ewoyees was as Ickns'.- Averagg nuMr Average number 19
MANCHe8TER H18TORIC 8UILOIP4G8 TRusr NOTES TO ThE FINANCIAL 8TATEIIENT8 FOR THE YEAR ENDED OCTO 312028 11 TANGIBLE FIXED ASSETS. FUNCTIONAL FLxtures Group and ¢harlty Display & llttlngs & Intsrpreto¢kn •guipm•nt Total AS at Noventrr 12022 191,810 21,448 213,256 dltK)n5 Dl8posals As at October 312023 191.810 21,446 213,256 08preclatlon 8 at Novgrtjer 12021 84,184 12.787 21.446 105,630 12,787 Provid8d Disp¢)8818 As di October 312023 96,971 21,446 118,417 N•t Book Valu• al October 31 2023 94,839 A8 Oclob8r 312022 107.626 107.626 12 TANGIBLE FLXED ASSEfs- HERITAGE ASSETS Fr••hold Group and chorlty Co•t i>roporty Exhlblts Ttstsl al November 12022 2.458. $8,058 2.516.654 dlllons 015po8als 01 Oclobor 312023 2,458.596 58,058 2,516.654 Depr•clatlon 91 NontsT 12022 al October 312023 Net Book Valu• * at 312023 2A58.S98 58,058 2,516,654 As at October 312022 2.45&596 58.058 2,616.6S4 The ¢hd property Ss $ubieLI lo a first tharge in favtyir ol th8 H8rilag8 knll8ry fvnd ent8r•J intr) on October 10 2014 as a nditn ofthe 3rd of a gr8nt of¢E1.8rn tryd8 phase 2.0lthe restornthm. The above assets ara 811 included 81 cosl. Thè fNg yoarfinan¢iai surTThry of herfiag8 &5ssttransth Ys 85 fc4bxE', 201W19 2019120 2021Q1 ' 2021122 202Y23 8uildlhg 8c4uisitionlr6storatK)n Eyhibits lfvmitute. ffttlrS & fithv051 Exhlblts Indude ftjrntture, fftbngs and arUl$ by Twst In (der to lumth the Iwse in an auth8ntK sty18 congSt?nt with the Gaskdl Farrrivs cwpalkn) Of wrtY. 20
MANGHEsfER HISfQRIG BUILDING8 TrU8T ' NOTEa TO THE FINANCIAL STATEME1 FOR ThEYEAR EMID OCTOBER 312tr23 13 FIXED ASSETS INVESTMENTS The tharity has clS 100% of the i&8u8d share c8Pital of the lolMNJ wrpany Nam• A¢tivrty Inv•stm•nt Company no. 2023 2022 The Gaskells, House Trading Ltd running Gaskell H¢yJsè as 8 vi10T attraction and café 10 10 7364259 Group 2023 Greup 2022 Charlty 2023 Charlty 2022 14 DEBTORS Incon receivable 4108 719 2,4QO unt due from group corry)any VAT recIa1nble 63,346 74,593 Prepayrrenls & other debtors 14.394 18.503 15.471 21,975 11,34S 75.411 11,800 88, 793 15 CREDITORS falllng du• wlthln on• yoar Tr8de creditors 3,158 21.387 4,242 332 3.439 25.677 2,098 15,922 2. t97 16,417 ¢ru81s & deferred Income Othgr taxation and $(Kaal 8ecurtty Penslon conlrfbullons 1,459 307 332 307 Funds In Irusl 400 4G 400 400 29,519 31,823 21.416 20,780
MANCHE8TER HISTORIC BUILOINGSTRLBT NOTE8 TOThE FINANCIAL 8TATEMENT8 FOR THE YEAR ENDED <mBER 312V28 16 STATEMENT OF FUNDS 22
IIANCHÉSTER HISTORIC BUILDING8TRusr GROUP AND CHARITY STATEMEiifs OF CASH FL(Y•V8 AS AT OCTOBER 31 2023 Group 2023 Group 2022 Charlty 2023 Charity 2022 not•8 Cash us•d In oporatlng aetfvltlo$ 21 144.4931 133,5611 21,954 CaBhflow¥ from inve8tlng actlvltl•s Intèrèst 8nd dIvkIers 422 1,009 422 Purchas8 ol tan9ibl6 fixed assets Cash provld•d byllusèd In) Invostlng actlvlll•• 101 1.009 (30,749) (30,327) f30,7491 f30,327J 1,009 Cashllow8 Irom Ilnanclng actlvltl•s Proceeds from new borrowngs Rèp8yrYnt ol borr¢)wing Co•h ujgd In financlng actlvltl•• Incr•a8•lld•cr•as•l In ¢h & ¢h qulv•l?nt• In th• y• 143,484) (20,918) 132,5521 (8,373) Cash and cash •qulval•nts brought for*•rd 223,$43 244,461 155,523 163,895 C••h and ca•h •qulval•nts urrl•d forward 100,059 223.543 122.971 155,522 Cash and cash •qulval•nts ¢on•l•t of: Cash at bank and in hand 180.059 223.543 122,971 155,522 180.059 223.543 122,971 t55,522 The notes on pages 13 to 23 fcKm part of finarwl statements.
IAANCHE8TER HISTORIC BUILOINGsThvsr NOTE8 TOTHE FINANCIAL STATEMEpif8 FOR THE YEAR ENDED OCTO8ER312tr23 I ACCOUNTING POLICIES Basis of preparation The financial ststements have bggn prepar9d: Urtde[ hK8trMic >SIC0n¥8ti,. 1n8cfj)rdare wilh the Statement ol R8commended Piactice Accounting and Reporting by Charities preparirrfJ Iheir awiunts in a(Xx)rdan wilh Ihe Financial Reporting Stand8rd applicable in the UK and Republic of Ireland IFRS102) effective January 12019 (second Èdib"on- October 20191,. FRS102,' and the Companies Aci 20C6. The tharity constitutes a pubk lrIt entsty as dered by FRS102. The a¢<x)untS are prepared in £ st&ding. whith ts lunclKial currew of Group. The wiunts have ba8n prepared on Ihe goin9 Ccrfw tjasis. aThJ ts InJstg8s believe that this remains appropriale". Income r•Fognltlon All income is recognised once the chaiityhas enlitlemenl to the inco, ills wobabl8 that th& irwrne will be received and th8 amount of in¢omg recgivable can bo m6asu¥8d raliably. The lolkaMr¥J applies to parfKxJL8r types of irKom8'. Grants, whpther of a capitsl or revenue nature. pre recognised when tharlty has entiUem8nt to the funds. an¥. perfomiance conditions h'ave been met and rt is probablo that Ihg income will receiv&J. Donatlon• from individuals and other t185 (not n9 of ihe nabjfe of a grant} are recKyJni¥ed when Teceivable. Earned Income 15 EaSured at th8 fair value of th8 oJn5id8r8tion received C roceivabb for servicés and golS $upplied, nel of cliscounts 8nd VAT. DèfèrrBd"Incomè n¢omo is only deferred and incluthd in trgilliors vknon.. Thè incom8 relates to a fLthJre accounling per)d A sales invoice has been r8i¥ed aad ol the th bwng carri•J oui and thgrg 1$ no contractual ents'll8m9nt to the in¢omg urilil tho work hgs been Not 811 thg t9mis and condrtion$ of th9 9rant hgvg boon trt, indudii th8 incJJrriThJ of &xPendlture and Ihg grant ndit)n$ ar9 $u¢h that unspgnt grant must b& relundwj Expendltur• 8nd Irr•¢ov•r8bl• VAT Expenditure is racognised ¢)n¢s Iherg a 981 or 0)nstrte oblty8b.on to make a payment to a thlrd party, il is probab19 that the settlement will b8 required and t 81?Int of Ihe obfvJation c8n be m&88ur•J reliably. Exp8nditurg Is dassified under tho following activity headings.. Costs of ral8ing fund8 Induding those 48s(Kialed th lundraisirwJ aciiwli8s, man99in9 InV88tmenls and commercial tr8ding by subs¥Jiery c¥xnpany. Charftable activities eosts of undertak@ Ihe work olthe chanty. Tho Group is registered for VAT and has elected to tax on its prcyerty Gasko11 Hou8e. 1118 able lo recover some of the irlput lax charged gs It relates to VATable ssjpplies. Costs are stated net of VAT wh8rg tharV and irrecoverable VAT Is Includèd as sèparate charge either wrthin diroct costs or SUPFJrt cosis as appropriate. Allocowon of support Support Costs are thosg lundions which 8581st the wort of Ihe chartty either by supporting th¢ dè1fv9ry of ¢haritable activitiès by supporting the generation oflunds. They indude woperty (x)sts, bad( Offi funclions, urojlarisakn.on 5$, Security and maintènance cos15 8nd professional lees. The basrd (rf all(Kalw)ns is set in note 8. 14
IAANCHEsfER HIoR1¢ BUILOINGS TRUST NOTE8 TO THE FINANCIAL STATEIIEpif8 FOR THE YEAR ENDED ocfoBER 312023 Gmup 3t110J2Q22 0111112022 MniM21 Trawf•r4 bxorn• £#Tr• Transfern 3111012023 Unr••trkt•d Fund•.' Genèral fund 151.444 110.713 (124.559) 136.431 1S3. IIW2481 88,119 94.¢OD DeSnaad IuM$ 251.414 {124.5W [667) 236.431 133.936 1188,2481 bjfow 2.59&451 79.126 2.6IY.395 2.611.395 11.1DJ 11.1riJ 2.606.350 2.515¢ 7qY28 fj67 2,606.310 Totsl ?.84&696 ry8&413J 14S.036 IX)4.3931 1708,461 2Ji.4M 2x431 f82.119 NonchBrrtRtylfj 251.444 23Q431 brt4nd 31M012022 01111m21 ITrcom• Exp•ndMuff• 0111ttt02t E%hd YThn•l•rn 3111012023 itnr••trf¢tsd Fund•'. Gonernl luTh iJ.4u 3A477 101•23) IM431 118.8411 6,J0 .12• O••lgn•t•d lundi.. 8uildlw mAlnienwK• Conseryot ,o¢o 34,000 Pho 2complethi 1.441 39.477 2M431 182.120 R••trict•d Fund•'. HLF R110r¢ tUrlj HLFCowd En)rg¥Wl HLF-CRF1 .)} HLF- GRF2 39.184 m749J 123451 g upporknl Tho HIDb•n Tru#t OonatiOA- Willi8nlFsty Donations- 8edroom 168 Oonation9- voIL¥ttWr toordl Donstion919Tant-gArdgn Olr Phasè 2 1.194 (2.> p.>Joi Fwd 42X) Captt41 qraTrl• •xp•nd•d GrJntB 8yp8nded aThY asset 2.SaQ7T8 2.59&451 J.749 2.LK4t 2.611.395 2,606.182 79.126 11.10) 116.145 2,6W350 Tot•1 lund4 2.M4698 (IYI.61T) 2817.8Zfj 4S,6 {104.9861 2,781,470 Trin¥f¢r conSeryOry R¢$lrl¢tsd fund$ Donations- Willlarrfyst DOnatw9ran1-gwden Fortr kE@par* 23
ANCHE8TER H18TORIC BUILDING8TRU8T NOTES TO THE FINANCIAL sfATEMENTS FOR THE YEAR ENDED OCTOBER 812028 17 ANALYSIS OF COMPANY NET ASSETS BETWEEN FUNDS Unrestrictsd fvnds Restrlcted G•n•ral D•$ign•tsd Funds Total Fundbalane•s at Octobv312023 aro rnw•sgntedby."_ Tangible fiy£d assets Investr(pnts 5.311 2,606.182 2.61q,493 to 10 Nel current assets 82.799 88.120 94.(K)O 94,(XJO 168 176,967 2,788.470 2,6[.350 Fundbalancos at October 312022 arn r•prK•nt8dby.'" tangible fixed assets InvestrYnts 18,098 10 2,606,182 2,624,260 io Nel current ass&ts 160.568 2,968 6Q,GI)0 2,609, 150 223,536 2,847,826 178,676 18 CONSTITUTION The Coryjany is liffited by guarantee and does not have a sharo ¢apMal. kn the event of thg Cony8ny being wound up the fIerS are Cornmtted to contn'buting £1 &Kh. 19 TAXATION rhe CorYp8ny Is a rtglslered ¢h8rity and 18 enlitled io dalm amual g>wllon from UK corpwation t8X. 20 CAPITAL COMMITMENTS There were no coptt81 conmlbrnnts authtylsgd and c¥ntsclod ft)r al th8 end of th8 YrI2021 £NIII. 21 RECONCILIATION OF NET MOVEMEtr4T IN FUNDS TO NET CASHFIOW FROM OPERATING ACTIVITIES Group ' 2023 Group 2022 Charfty 2023 CharFty 2022 Nel Inco£1(expendllUIe d back depreclalknn justnI HLF Phase 2 lunding Deduct interest inco£ shovm in investing aclivities Deduct profivadd back losses on dispogals of FA Decreasellincreasel in stocks Decreasellincreasel in debtors Ihcre8gelldecreasel in creditors Net cash goneral•d fromllus•d Inl 0ratIng aeilvltk$ 159.3671 12.787 928 159,3561 12,787 927 13.304 13,304 {1,IJ09) (422) 11,0091 ,(422) ..1,919 3,472 {2.304) 144,493} 11.893) (340) (2.168) 9.409 13.382 14,509 (6,384) 21,954, 636 133,5611 22 RÈLATÈD PARTY TRANSACTIONS Details ot th'etsading beNYeen the"tharity and lis subsidiary (xjrripany are shown in thg rK)les lo the finar¥ck81 stst8mants. In the year the ¢harfty contracted Mrs V Watson, a lorr I*¢ee. to wovMl8 IMX)k keeping seThices for which il paid her £0 12023- £3301 and there was a balan of £1,630 (KrtstandirvJ al 3111012312023- £1.6,30}. Mrs Watson had play1 no Part in the dolision to gngaye her servKes. Thore were no other related party trans&tion5. 24
MANCHE8TER HisfoRIC 8UILDING8 TRUST NOTES TO THE FINANCIAL 8TATEMENT8 FOR THEYEAR ENOED OCTLW 812023 23 CONTINGENT LIABILITIES The charity has red grant support for the iesloration of Gaskdl How from a number of drfferenl funders, which havè continuing restrictions over the disposal of the proFerty. H•rltag• Lott•ry Fund IHLFI - £190.93S {phas• 1) and £IA30.871 (phase 2- exeludlng rgvenue support) The Charity cannot dispose ol the prop&ty by sale or leasg for a tbwi(Kl of hyenty five years from June 2012 withc*ut the written consent ol HLF, and il let or sol¢J at a full market rate HLF may rwuire that a proportion of the net proceeds are paid to them in accordance with their standard grant conditions. Thè dtsrty is also Obled to open the property to the public and to advertise the opening times. Engllsh Herltage- £297,911 (Phase 11 and £86.849 (Phasè 2) The Charity cannot dispose of the p(0rtY by sale or bease fora rj of len years afterth& final payment oltheglanl leffectwely from March 20131 without the wntten consent ol EThJli%h Hantage, v4hKth consent will only be giv after 8ny grant already paid has been recovereil in lull. The charity is also (l)IKJe(I to op8n the proFety to the publi¢ and to adVerte the opening tim&s. Blffa - £S0.000 11 the charity disposes of Ihe propty, Rs (th& granlor) is entiued to sune ol the prcwt16 in proporth)n to iheir contributn, unless othgMis8 agreed. There are no contsngent liabili1S attIng to the fvrmllng frcth c4her swrces. None of the ab)ve ¢ontiNJent liabilrfi&s 8ffj 9XP8Cte(J to W8lallise. 24 ULTIMATE CONTROL The company has bean under thg collactive control of its t1irectlX5. 3p'nt8d by th& members, throughout this and tho praceding year. No director or mornber ltsking account ol any a$i81e$l has a Contrling interest in the company. 2S