| Page | ||||
|---|---|---|---|---|
| Trustees' Annual Report (Incorporating |
the | Director's Report) | ||
| Independent Examiner's Report to the |
Trustees | |||
| Statement of Financial Activities (Including |
Income and Expenditure | Account) | ||
| Statement of Financial Position |
||||
| Notes to the Financial Statements | ||||
| The Following Pages Do Not Form | Part | ofthe Financial Statements | ||
| Detailed Statement of Financial Activities |
| Year Ended | Year Ended | 31 December 2022 | 31 December 2022 | 31 December 2022 | 31 December 2022 | |||
|---|---|---|---|---|---|---|---|---|
| Reference | and Administrative | Details | ||||||
| Registered | charity | name | Dukes Barn Company | |||||
| Charity registration | number | 1081656 | ||||||
| Company | registration | number | 04033961 | |||||
| Principal office and | registered | Dukes Bam | ||||||
| office | School Lane | |||||||
| Beeley | ||||||||
| Matlock | ||||||||
| Derbys hire | ||||||||
| DE | ||||||||
| The Trustees | ||||||||
| A R Eley (Chair) | ||||||||
| M C Pearson | (Resigned 26 September 2022) | |||||||
| N JWWood | ||||||||
| Rev. D Perkins | (Resigned 31 December 2022) | |||||||
| TJ Fish | ||||||||
| GHJDean | ||||||||
| D A Read | ||||||||
| Key management | personnel | Colin Higginson | ||||||
| Company | Secretary | H N Radford | ||||||
| Independent | Examiner | Jane Ascrofl FCA | MA (Cantab) | |||||
| Enterprise House |
||||||||
| Harmire Enterprise |
Park | |||||||
| Barnard Castle | ||||||||
| County Durham |
||||||||
| DL12 8XP |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | ||||||
| funds | funds | Totalfunds | Total funds | ||||
| Note | |||||||
| Income and endowments | |||||||
| Donations and legacies |
5 | 5,401 | 20,836 | 26,237 | 59,330 | ||
| Charitable activities |
6 | 432,809 | 2,763 | 435,572 | 171,745 | ||
| Other trading activities | 7 | 11,515 | 97 | 11,612 | 2,584 | ||
| Investment income |
8 | 1,256 | 1,256 | 1,363 | |||
| Total income | 450,981 | 23,696 | 474,677 | 235,022 | |||
| Expenditure | |||||||
| Expenditure on raising funds: |
|||||||
| Costs ofother trading | activities | 9 | 6,554 | 6,554 | 1,221 | ||
| Investment management |
costs | 10 | 1,579 | 1,579 | 1,730 | ||
| Expenditure on charitable |
activities | 11,12 | 456,413 | 16,481 | 472,894 | 296,302 | |
| Total expenditure | 464,546 | 16,481 | 481,027 | 299,253 | |||
| Net expenditure | (13,565) | 7,215 | (6,350) | (64,231) | |||
| Transfers between funds |
7,755 | (7,755) | |||||
| Other recognised gains |
and | losses | |||||
| Other recognised gains/(losses) |
(24,197) | (24,197) | 20,196 | ||||
| Net movement in funds |
(30,007) | (540) | (30,547) | (44,035) | |||
| Reconciliation offunds |
|||||||
| Total funds brought forward |
627,975 | 15,348 | 643,323 | 687,358 | |||
| Total funds carried forward | 597,968 | 14,808 | 612,776 | 643,323 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Note | F | ||||||
| Fixed Assets | |||||||
| Tangible fixed assets | 17 | 478,525 | 491,095 | ||||
| Investments | 18 | 128,585 | 155,105 | ||||
| 607,110 | 646,200 | ||||||
| Current Assets | |||||||
| Stocks | 19 | 3,244 | 2,582 | ||||
| Debtors | 20 | 8,627 | 76,228 | ||||
| Cash at bank | and | in hand | 15,285 | 15,846 | |||
| 27,156 | 94,656 | ||||||
| Creditors: amounts | falling | due within one year | 21 | 21,490 | 97,533 | ||
| Net Current | Liabilities | 5,666 | (2,877) | ||||
| Total Assets | Less Current | Liabilities | 612,776 | 643,323 | |||
| Net Assets | 612,776 | 643,323 | |||||
| Funds ofthe | Charity | ||||||
| Restricted funds | 14,808 | 15,348 | |||||
| Unrestricted funds |
597,968 | 627,975 | |||||
| Total charity | funds | 24 | 612,776 | 643,323 |
| 5. | Donations | and Le | gacies | |||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | ||||
| Funds | Funds | 2022 | ||||
| F | ||||||
| Donations | ||||||
| Donations | 5,401 | 20,836 | 26,237 | |||
| 5,401 | 20,836 | 26,237 | ||||
| Unrestricted | Restricted | Total Funds | ||||
| Funds | Funds | 2021 | ||||
| Donations | ||||||
| Donations | 28,713 | 6,141 | 34,854 | |||
| HMRC Job | Retention Scheme | 24,052 | 24,052 | |||
| Grants | ||||||
| Derbyshire | Dales District Council | 424 | 424 | |||
| 53,189 | 6,141 | 59,330 | ||||
| 6. | Charitable | Activities | ||||
| Unrestricted | Restricted | Total Funds | ||||
| Funds | Funds | 2022 | ||||
| Fees for education | courses | 432,809 | 2,763 | 435,572 | ||
| Unrestricted | Restricted | Total Funds | ||||
| Funds | Funds | 2021 | ||||
| F | F | |||||
| Fees for education | courses | 171,745 | 171,745 | |||
| 7. | Other Trading Activities | |||||
| Unrestricted | Restricted | Total Funds | ||||
| Funds | Funds | 2022 | ||||
| F | f. | |||||
| Fundraising | events | 4,441 | 97 | 4,538 | ||
| Tuck shop | 7,074 | 7,074 | ||||
| 11,515 | 97 | 11,612 |
| Other Tradi | ng Activities (continuedj |
|||
|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2021 | ||
| F | F | |||
| Fundraising | events | |||
| Tuck shop | 2,584 | 2,584 | ||
| 2,584 | 2,584 |
| Investment | Income | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||
| Funds | 2022 | Funds | 2021 | |||
| F | ||||||
| Income from | listed investments | 1,256 | 1,256 | 1,363 | 1,363 | |
| Costs ofOther Trading Activities | ||||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||
| Funds | 2022 | Funds | 2021 | |||
| F | ||||||
| Tuck shop | 4,895 | 4,895 | 1,221 | 1,221 | ||
| Fundraising | costs | 1,659 | 1,659 | |||
| 6,554 | 6,554 | 1,221 | 1,221 | |||
| Investment | Management | Costs | ||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||
| Funds | 2022 | Funds E |
2021 f |
|||
| Porffolio management | 1,579 | 1,579 | 1,730 | 1,730 | ||
| Expenditure | on Charitable | Activities | by Fund Type | |||
| Unrestricted | Restricted | Total Funds | ||||
| Funds | Funds | 2022 | ||||
| E | ||||||
| Education Courses | 454,626 | 16,481 | 471,107 | |||
| Support costs | 1,787 | 1,787 | ||||
| 456,413 | 16,481 | 472,894 | ||||
| Unrestricted | Restricted | Total Funds | ||||
| Funds | Funds | 2021 | ||||
| F | F | |||||
| Education Courses | 288,190 | 5,448 | 293,638 | |||
| Support costs | 2,664 | 2,664 | ||||
| 290,854 | 5,448 | 296,302 |
| Activities | ||||||||
|---|---|---|---|---|---|---|---|---|
| undertaken | Total funds | Total fund | ||||||
| directly Support costs | 2022 | 2021 | ||||||
| Education Courses | 471,107 | 471,107 | 293,638 | |||||
| Governance | costs | 1,787 | 1,787 | 2,664 | ||||
| 471,107 | 1,787 | 472,894 | 296,302 | |||||
| 13. | Net Expenditure | |||||||
| Net expenditure is stated after charging/(crediting): |
||||||||
| 2022 | 2021 | |||||||
| F | ||||||||
| Depreciation | oftangible fixed assets | 37,735 | 40,482 | |||||
| 14. | Independent | Examination | Fees | |||||
| 2022 f |
2021 f |
|||||||
| Fees payable | to the independent | examiner for: | ||||||
| Independent | examination | ofthe financial | statements | 1,200 | 1,200 | |||
| Other financial services | 587 | 1,398 | ||||||
| 1,787 | 2,598 |
| Staff Costs | |||||
|---|---|---|---|---|---|
| The total staff costs and | employee | benefits for the reporting | period | are analysed as | follows: |
| 2022 | 2021 | ||||
| E | |||||
| Wages and salaries | 269,623 | 171,342 | |||
| Social security costs | 9,751 | 6,817 | |||
| Employer contributions | to pension | plans | 6,380 | 4,496 | |
| 285,754 | 182,655 |
| transaction entered into by Tangible Fixed Assets |
the charity, includin |
g guarantees, |
during the | year ( | 2021:ni | l). |
|---|---|---|---|---|---|---|
| Furniture, | ||||||
| Equipment, | Climbing | Wall | ||||
| Leasehold | Fixtures 8 | Motor | & All Weather | |||
| Improvements | Fittings | vehicles | Pitch | Total | ||
| F | ||||||
| Cost | ||||||
| At 1 January 2022 | 684,643 | 143,251 | 91,776 | 94,120 | 1,013,790 | |
| Additions | 25,165 | 25,165 | ||||
| Disposals | (43,262) | (43,262) | ||||
| At 31 December 2022 | 684,643 | 143,251 | 73,679 | 94,120 | 995,693 | |
| Depreciation | ||||||
| At 1 January 2022 | 208,786 | 143,251 | 91,776 | 78,882 | 522,695 | |
| Charge for the year | 26,187 | 6,291 | 5,257 | 37,735 | ||
| Disposals | (43,262) | (43,262) | ||||
| At 31 December 2022 | 234,973 | 143,251 | 54,805 | 84,139 | 517,168 | |
| Carrying amount |
||||||
| At 31 December 2022 | 449,670 | 18,874 | 9,981 | 478,525 | ||
| At 31 December 2021 | 475,857 | 15,238 | 491,095 |
| 18. | Investments | |||||||
|---|---|---|---|---|---|---|---|---|
| Cash | or cash | Listed | ||||||
| equivalents f |
investments f |
Total f |
||||||
| Cost or valuation | ||||||||
| At 1 January 2022 | 296 | 154,809 | 155,105 | |||||
| Additions | (17,955) | 17,955 | ||||||
| Disposals | 36,611 | (36,611) | ||||||
| Fair value movements | (24,197) | (24,197) | ||||||
| Other movements | (2,323) | (2,323) | ||||||
| At 31 December | 2022 | 16,629 | 111,956 | 128,585 | ||||
| Impairment | ||||||||
| At 1 January | 2022 and 31 December 2022 | |||||||
| Carrying amount |
||||||||
| At 31 December | 2022 | 16,629 | 111,956 | 128,585 | ||||
| At 31 December 2021 | 296 | 154,809 | 155,105 | |||||
| All investments | shown | above are held at valuation. | ||||||
| UK listed investments | at market value are represented | by: | ||||||
| 2022 f |
2021 f |
|||||||
| Fixed interest | bonds and deposits | 16,835 | 30,670 | |||||
| Equities | 95,121 | 124,139 | ||||||
| Cash held pending | re-investment | 16,629 | 296 | |||||
| 178,768 | 645,782 | |||||||
| 19. | Stocks | |||||||
| 2022 | 2021 | |||||||
| f | f | |||||||
| Stock | 3,244 | 2,582 | ||||||
| 20. | Debtors | |||||||
| 2022 f |
2021 f |
|||||||
| Trade debtors | 7,526 | 74,483 | ||||||
| Prepayments | and | accrued income | 1,101 | 1,745 | ||||
| 8,627 | 76,228 |
| 21. | Creditors: amou | nts f |
alling due within one year | ||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Trade creditors | 12,589 | 3,424 | |||
| Accruals and deferred | income | 4,700 | 90,227 | ||
| Social security and other taxes | 3,140 | 3,216 | |||
| Pension creditor | 861 | 666 | |||
| Other creditors | 200 | ||||
| 21,490 | 97,533 | ||||
| 22. | Deferred Income | ||||
| 2022 | 2021 | ||||
| P. | |||||
| At 1 January 2022 | 89,027 | 11,922 | |||
| Amount released | to income | (89,027) | (11,922) | ||
| Amount deferred |
in year | 3,500 | 89,027 | ||
| At 31 December | 2022 | 3,500 | 89,027 |
| Unrestricted fun |
ds | |||||
|---|---|---|---|---|---|---|
| At | Gains and | At | ||||
| 1 Jan 2022 | Income | Expenditure | Transfers | losses 31 | Dec 2022 | |
| F | E | F | F | F | ||
| General funds | 88,650 | 446,116 | (414,754) | (17,410) | 102,602 | |
| Morris Bursary | ||||||
| Fund | 10,718 | 10,718 | ||||
| Kit and | ||||||
| Equipment | 7,438 | 1,045 | (5,292) | 3,191 | ||
| Capital Fund | 491,095 | (37,735) | 25,165 | 478,525 | ||
| Revaluation | ||||||
| Reserve | 27,234 | (24,197) | 3,037 | |||
| Climbing Wall |
2,840 | 1,820 | (4,837) | (177) | ||
| Ropes Course | ||||||
| Refurbishment | 2,000 | (1,928) | 72 | |||
| 627,975 | 450,981 | (464,546) | 7,755 | (24,197) | 597,968 | |
| At | Gains and | At | ||||
| 1 Jan 2021 | Income | Expenditure | Transfers | losses 31 | Dec 2021 | |
| F | F | f. | ||||
| General funds | 101,754 | 225,787 | (252,274) | 13,383 | 88,650 | |
| Morris Bursary | ||||||
| Fund | 10,718 | 10,718 | ||||
| Kit and | ||||||
| Equipment | 6,993 | 660 | (215) | 7,438 | ||
| Capital Fund | 531,577 | (40,482) | 491,095 | |||
| Revaluation | ||||||
| Reserve | 17,095 | (10,057) | 20,196 | 27,234 | ||
| Climbing Wall |
1,240 | 1,600 | 2,840 | |||
| Ropes Course | ||||||
| Refurbishment | 834 | (834) | ||||
| 669,377 | 228,881 | (293,805) | 3,326 | 20,196 | 627,975 |
| Restricted funds | ||||||
|---|---|---|---|---|---|---|
| At | Gains and | At | ||||
| 1 Jan 2022 | Income F |
Expenditure | Transfers f |
losses 31 | Dec 2022 | |
| Morris Bursary | 12,450 | 14,911 | (875) | (7,755) | 18,731 | |
| Be Naturally | ||||||
| Creative | 2,898 | 3,655 | (10,476) | (3,923) | ||
| Building | ||||||
| improvements | 5,130 | (5,130) | ||||
| 15,348 | 23,696 | (16,481) | (7,755) | 14,808 | ||
| At | Gains and | At | ||||
| 1 Jan 2021 | Income | Expenditure | Transfers | losses 31 | Dec 2021 | |
| F | F | E | ||||
| Morris Bursary | 12,776 | 3,000 | (3,326) | 12,450 | ||
| Be Naturally | ||||||
| Creative | 5,205 | 3,141 | (5,448) | 2,898 | ||
| Building | ||||||
| improvements | ||||||
| 17,981 | 6,141 | (5,448) | (3,326) | 15,348 |
| Analysis of Net A | ssets Between Funds | |||
|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2022 | ||
| K | ||||
| Tangible fixed assets | 478,525 | 478,525 | ||
| Investments | 128,585 | 128,585 | ||
| Current assets | 12,348 | 14,808 | 27,156 | |
| Creditors less than | 1 year | (21,490) | (21,490) | |
| Net assets | 597,968 | 14,808 | 612,776 | |
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2021 | ||
| Tangible fixed assets |
491,095 | 491,095 | ||
| Investments | 155,105 | 155,105 | ||
| Current assets | 79,308 | 15,348 | 94,656 | |
| Creditors less than | 1 year | (97,533) | (97,533) | |
| Net assets | 627,975 | 15,348 | 643,323 |
| 2022 | 2021 | ||
|---|---|---|---|
| Income and endovnnents | |||
| Donations | and legacies | ||
| Donations | 26,237 | 34,854 | |
| HMRC Job | Retention Scheme | 24,052 | |
| Derbyshlre | Dales District Council | 424 | |
| 26,237 | 59,330 | ||
| Charitable | activities | ||
| Fees for education courses | 435,572 | 171,745 | |
| Other trading activities | |||
| Fundraising | events | 4,538 | |
| Tuck shop | 7,074 | 2,584 | |
| 11,612 | 2,584 | ||
| Investment | income | ||
| Income from listed investments | 1,256 | 1,363 | |
| Total income | 474,677 | 235,022 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| Costs ofother trading | activities | |||
| Tuck shop | ||||
| Tuck shop costs | 4,895 | 1,221 | ||
| Fundraising costs |
||||
| Fundraising costs |
1,659 | |||
| Costs ofother trading | activities | 6,554 | 1,221 | |
| Expenditure on charitable |
activities | |||
| Education Courses | ||||
| Activities undertaken | directiy | |||
| Wages | 269,623 | 171,342 | ||
| Employer's NIC |
9,751 | 6,817 | ||
| Pension costs | 6,380 | 4,496 | ||
| Premises costs | 78,620 | 29,734 | ||
| Activities &motor expenses |
59,574 | 23,940 | ||
| Administration | 8,108 | 10,229 | ||
| Depreciation | 37,735 | 40,482 | ||
| Other costs | 1,316 | 6,598 | ||
| 471,107 | 293,638 | |||
| Governance costs | ||||
| Accountancy fees |
1,787 | 2,664 | ||
| Expenditure on charitable |
activities | 472,894 | 296,302 | |
| Total expenditure | 481,027 | 299,253 | ||
| Net expenditure | (6,360) | (64,231) |