CONIPAN'Y REGJSTRATION NUMBER 04122636 CHARITY NUMBER 1091935 THE HORBURY HERITAGE COMMUNITY BUILDING PRESERVATION AND MANAGEMENT TRUST LTD. REPORT AND FINANCIAL STATEMENTS PERIOD ENDED 31ST DECEMBER 2024 CONTENTS P2. Officials and other details P3-6. Report of the Trustees P7. Income and expenditure account P8. Balance sheet P9-10. Independent examiners report
THE HORBURY HERITAGE COMMUNITY BUILDING PRESERVATION AND MANAGEMENT TRUST LTD. OFFICIALS AND OTHER DETAILS TRUSTEES: Mr M C Cudworth (Chairman) Mrs E A Webster (Vice Chair) Mrs C M Cudworth Mr K Forman Mr C J Randall (Treasurer) Mrs l M Randall (Secretary) Mr T W Randall (from February 2024) Mrs S Walker REGISTERED OFFICE 36 Beechwood Grove Horbury Wakefield West Yorkshire WF45JQ BANKERS National Westminster Bank PLC 56 Westgate Wakefield WFIIXF
THE HORBURY HERITAGE COMMUNITY BUILDING PRESERVATION AND MANAGEMENT TRUST LTD. ST REPORT OF THE TRUSTEES FOR THE PERIOD ENDED 31 DECEMBER 2024 The trustees present herewith their Annual Report with the accounts of the Company for the period ended 31st December 2024. I. OBJECTIVES To preserve for the benefit of the people of Horbury and of the nation. the historical, architectural and constructional heritage that may exist in and around Horbury in buildings. 2. TRUSTEES The Trustees who served during the period were: _ Mr M C Cudworth (Chairman} Mrs E A Webster (Vice Chair) Mrs C M Cudworth Mr K Forman Mr C J Randall (Treasurer) Mrs l M Randall {Secretary) Mr T W Randall (from February 2024) Mrs S Walker This report has been prepared in accordance with the Flnancial Reporting Standard for Smaller Entities {effective March 2000). SIGNED ON BEHALF OF THE BOARD OF TRUSTEES Mrs l Randall- Secretary APPROVED BY THE TRUSTEES ON 01 2ozg
THE HORBURY HERITAGE COMMUNITY BUILDINGPRESERVATION & MANAGEMENTTRUST LTD Trustees, Annual Report 2024 Company Reg No 4122636. Charity No 1091935 {Incorporatln8 Primrose Hall Charity. No 510195) April 19th 2009 saw the Trust commence actively managing Primrose Hall as a community hall. Horbury Heritage C. B. P. & M. Trust Ltd is the Trustee of Primrose Hall Charity no 510195. The main purpose of refurbishing and reopening the Hall met one of Horbury Heritage C.B.P.& M. Trust Ltd Objects: "To preserve for the benefit of the people of Horbury and of the Nation, the historical architectural and constructional heritage that may exist in and around Horbury" The refurbishment of Primrose Hall fulfilled this Object and represents sustainable regeneration and management of a community hall to meet the need5 of Horbury people and the wider community. Primrose Hall continues to make a valuable contribution towards social inclusion within the town, encouraging good community health and social relationships. The Trust has no direct responsibility for any other buildings as at December 31st 2024, but it has continued to be active in trying to protect the heritage of Green Park, Horbury and lobby regarding several historic buildings within the town. We remain committed to improving the condition of and promotin8 a better future for Green Park. This was left in Trust for the use and benefit of the people of Horbury. Along with Horbury Common Lands Trust, Horbury Heritage Trust {HHT} has undertaken a feasibility study into how the park can be improved, managed and maintained if Wakefield Metropolitan District Council {WMDCI grant a long lease to HHT under a Community Asset Transfer. The Trustees have also held a public consultation re8ardin8 our plans and had them substantially endorsed by the local community and has completed and been successful in applying for and being awarded a Community Asset Transfer. As a result, Green Park has been transferred to HHT under a 50-year lease, to manage and improve with a Friends of Green Park Horbury Group. This group has been formed and is accountable to HHT. Financial support of £8000pa from Horbury Common Lands Trust and £2000pa from Primrose Hall will meet the projected running costs. The Trustees have continued payments of £2000 per annum from the Primrose Hall Charity to support the Green Park project preliminary and annual running costs. These funds together with grants and funds raised for the project are under HHT control and are shown as a specific reserve item in the balance sheet as well as being separately detailed in the income and expenditure of HHT. Primrose Hall: In respect of Primrose Hall's financial performance, 2024 has continued to see the Hall be financially healthy with hiring5 at high levels. Income from hirings remains the main source of the hall's income. Grant income was again boosted this year by the grant raised to run a Senior Citizens Club though over 80% of that grant is paid over to Mid Yorkshire Community Foundation to promote and staff the Club; with Primrose Hall only retaining the value of the hire. The payment out is shown in the "Other expenditure" line of the accounts.
The Trustees particularly thank Horbury Common Lands Trust who continue to provide a much-appreciated annual award of £1,012 in 2024 towards our running costs. Expenditure remained similar to 2023 except for fuel, where new tariffs are beginning to have an effect. The Trustees are planning to invest in solar panels in 2025 to reduce electricity costs and to this end the repairs and maintenance heading includes payment of a deposit of £3,255 in order to commission this work. We have again increased salaries in line with inflation to reward our staff appropriately. Our success in managing the income and expenditure prudently over 15 years has allowed us to retain healthy Primrose Hall bank balances totalling just over £130,000 at the end of this period. The Trustees are of the opinion that retaining a substantial reserve continues to be a prudent position as further major expenses will be incurred from time to time. As mentioned above investment in the coming financial year in solar panels while reducing the reserves should pay back in reduced electricity bllls going forward as our fixed tariffs come to an end. Horbury Heritage C.B.P.&M. Trust Ltd: Despite the main focus of our activities being The Primrose Hall Charity, the Horbury Heritage C.B.P.& M Trust Ltd remains an independent legal entity and its, accounts continue to be shown separately. Funds raised towards the Green Park project, but held by HHT are shown separately and funds held for that purpose are shown in a specific reser4e. The Trust has continued to monitor and lobby Wakefield MDC regarding the closing of all conditions relating to refurbishment of the Grade11 listed Carr Lodge Mansion and its associated parkland, along with Horbury Old Hall. As Carr Lodge Is occupied the ability of the Trust to achieve more in this regard is largely closed off. We have taken a close interest in the future of the listed former decontamination unit behind the old Town Hall. We continue to monitor the planning proposals for the redevelopment of the area surrounding the unit. We deem it prudent to retain a reserve within the Heritage Trusts accounts in case further expense is required in these or other areas of local heritage importance. The balances are currently sufficient to meet that objective. Discounting Green Park fundraising and costs, the main HHT accounts shows a small surplus of £235 on the year, largely because of interest earned on balances. The sums held for Green Park are accumulating despite fee payments to meet legal costs of the lease and to prepare for the planning application for the development of the park which amounted to £9230 in the year. Total funds at year end to complete the planning application and develop the Park amounted to £93,626 at 31" December 2024. Grants included £50,000 from Wakefield Metropolitan District Council towards footpaths and grants from Horbury Common Lands Trust of £3,000 to assist in meeting plannin8 application suniey costs and £8,000 as the first year of maintenance support. Fundraising proceeds and donations from individuals and local organisations totalling £6,299 were also received including £475 raised at the Horbury Show. Modest sums have been invested in wild flower planting in the park and plans are in place for further tree planting. ACCOUNTING POLICIES: The financial statements are prepared under historical cost convention. COMPANY LIMITED BY GUARANTEE: Every member promises that if the Charity is dissolved whilst he/she remains a member, or within 12 months afterwards, to pay £1 towards the costs of dissolution and the liabilities incurred by the Charity whilst the contributor was a member. This concludes the Trustees Annual Report.
THE HORBURY HERITAGE COMMUNITY BUILDING PRESERVATION AND IVIANAGEMENT TRUST LTD. INCOME AND EXPENDITURE ACCOUNTS FOR THE PERIOD EIWED 31ST DECEMBER 2024. 2024 Green Park Account 2023 Total Main Account Total Income Membership fees Donations and fund-raising Grants Interest 15, 15. 6299, 62,800, 5CM), 6,299* 62,650, 267, 3,955 11,350 193 150, 233. Total Income 398, 69,216, 69,614, 15,498 Expenditure Fundraising Park Expenditure Park improvements Misc 81, 81, 9,203 463. 180, 156 3,862 2,298 146 9,203. 463, 98, 82, Total Expendlture 163, 9,764, 6.462 Surplus for the period Reserves brought forward 235, 5195, 59452, 34,174, 59,687, 39,369, 9,036 30,333 Funds at 31 December 2024 5,430, 93,626, 99,056, 39,369
THE HORBURY HERITAGE COMMUNITY BuDING PRESERVATION AND MANAGEMENT TRUST LTD BALANCE SHEET AS AT 31ST DECEMBER 2024 2024 2023 CURRENT ASSETS Cash at Bank: Bank Accounts COIF Reserve" Account 13,957, 85,099.. 34,770, 4,599, FUNDS Main Horbury Heritage Fund Reserves 5,430. 5,195. Green Park Project Reserve Funds 93,626, 34,174, Notes For the year endlng 31st December 2024, the company was entltled to exemption from audit under sectlon 477 {21 of the Companies Act 2006.The members have not requlred the company to obtaln an audlt In accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibility for.. il ensuring the company keeps accounting records which comply with Section 386; and ill preparlng accounts whlch glve a true and fair view of the state of affairs of the company as at the end of the financial year, and of its profit and loss for the financial year, in accordance with the requirements of section 393. and which otherwise comply with the requirements of the Companies Act relating to accounts, so far as is applicable to the company. SIGNED ON BEHALF OF THE BOARD TRUSTEES- MR M C CUDWORTH&.- MRSA WEBSTER..................................................................................... APPROVED BYTHE BOARD ON......
INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF HORBURY HERITAGE CBP&M TRUST LTD AND THE PRIMROSE HALL CHARITY REPORT ON THE ACCOUNTS FOR THE YEAR 31" DECEMBER 2024 The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. INDEPENDENT EXAMINER: JULIE CRAVEN It is my responsibility to: Examine the accounts under Section 145 of the Charities Act To follow the procedures laid down in the general directions given by the Charity Commission (under Section 145{5){b) of the Charities Act), and To state whether particular matters have come to my attention. BASIS OF INDEPENDENT EXAMINERS REPORT My examination was carried out in accordance with general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of unusual items or disclosures in the accounts and seeking explanations from the trustees concerning any such matters, The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a "true and fairf, view and the report is limited to those matters set out in the following statement.
INDEPENDENT EXAMINERS STATEMENT In connection with my statement, no matter has come to my attention l. Which gives me reasonable cause to believe that in any material respect the requirements: To keep accounting records in accordance with Section 130 of the Charities Act. To prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act have not been met, or 2. To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. 3. 1 have not obtained independent verification of all investments with the Trustees for Horbury Heritage CBP&M Trust Ltd and Primrose Hall Charity NAME: JULIE CRAVEN SIGNATURE: Relevant professional qualification or body: NONE ADDRESS: 16 CLUNTERGATE, HORBURY, WESTYORKSHIRE, WF4 SAG DATE: oa . os a£AJ.