##
|||Page|
|---|---|---|
|Reference and Administrative
Details|||
|Objectives and Activities|||
|Achievements
and Performance|||
|Financial
Review||10|
|Plans for Future Periods|||
|Structure,
Governance
and Management||12|
|Trustees responsibilities
in relation|to the financial statements|15|
|Independent
Auditors
Report tothe Trustees||17|
|Statement of Financial Activities||22|
|(including
income and expenditure|sheet)||
|Balance Sheet||23|
|Notes on Financial Statements||2S|
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|||||Unrestricted|Restricted|Endowment|||
|---|---|---|---|---|---|---|---|---|
||||Notes|Funds|Funds|Funds|2022|2021|
|||||f|5|5|5|5|
|Income and endowments||from:|||||||
|Donations
and legacies|||6|108,856|307,072||415,928|339,423|
|Charitable
activities|||7|279,090|452||279,542|219,471|
|Other trading
activities|||8|111,028|||111,028|104,039|
|Investments||||2|||2|2|
|Total income||||498,976|307,524||806,500|662,935|
|Expenditure
on:|||||||||
|Raising funds|||9|14,253|||14,253|12,320|
|Charitable
activities|||10|543,083|293,296||836,379|554,030|
|Other trading
activities|||8|52,559|||52,559|52,099|
|Total expenditure||||609,895|293,296||903,191|618,449|
|Net (expenditure)/income||||(110,919)|14,228||(96,691)|44,486|
|Transfers
between funds|||24|44,856|5,144|(50,000)|||
|Net incoming
resources|before other||||||||
|recognised
gains and losses||||(66,063)|19,372|(50,000)|(96,691)|44,486|
|Other recognised gains:|||||||||
|(Loss)/gain
on investment||assets|18|||(38,634)|(38,634)|33,842|
|Net movement
in funds||||(66,063)|19,372|(88,634)|(135,325)|78,328|
|Reconciliation ofFunds:|||||||||
|Total funds brought
forward||||237,741|19,978|365,696|623,415|545,087|
|Total funds carried forward||||171,678|39,350|277,062|488,090|623,415|
##
|CONSOLIDA|TE|D
AND COMPANY BA|LANCE|SHEETS|AS AT 31|DECEMB|ER 2022|
|---|---|---|---|---|---|---|---|
|||||Group|Group|Charity|Charity|
||||Notes|2022
E|2021
f|2022
4|2021
E|
|Fixed assets||||||||
|Tangible assets|||14|63,255|75,101|59,742|73,929|
|Fixed asset investment|||15|||100|100|
|||||63,255|75,101|59,842|74,029|
|Current assets||||||||
|Stock|||16|20,203|24,940|||
|Debtors|||17|173,254|81,811|230,754|202,370|
|Current asset investments|||18|277,062|365,696|277,062|365,696|
|Cash at bank and|in|hand||90,890|194,056|54,656|95,598|
|||||561,409|666,503|562,472|663,664|
|Creditors:
amounts||falling due within one year|19|(136,574)|(118,189)|(134,224)|(114,278)|
|Net current assets||||424,835|548,314|428,248|549,386|
|Total assets less|current liabilities|||488,090|623,415|488,090|623,415|
|Funds||||||||
|Unrestricted
funds|||21|171,678|237,741|171,678|237,741|
|Restricted funds|||22|39,350|19,978|39,350|19,978|
|Endowment
funds|||23|277,062|365,696|277,062|365,696|
|Total funds carried||forward||488,090|623,415|488,090|623,415|
##
##
|||||||Group|Group|Charity|Charity|
|---|---|---|---|---|---|---|---|---|---|
||||||Nates|2022|2021|2022|2021|
|Net cash used in operating||activities|||28|(146,632)|(59,808)|(87,482)|(149,277)|
|Cash flows from investment||activities:||||||||
|Interest income||||||2|2|2|2|
|Proceeds from sale ofinvestments||||||||||
|Sale/(purchase)
ofinvestments||||||50,000|(20,000)|50,000|(20,000)|
|Purchase oftangible
fixed assets||||||(6,536)|(8,652)|(3,462)|(8,652)|
|Cash received from/(used|in) investing|||activities||43,466|(28,650)|46,540|(28,650)|
|Decrease
in cash and cash|equivalents|||||(103,166)|(88,458)|(40,942)|(177,927)|
|Cash and cash equivalents|at|beginning||ofyear||194,056|282,514|95,598|273,525|
|Cash and cash equivalents||at the|end|ofthe year:||||||
|Cash at bank||||||89,910|193,512|53,676|95,054|
|Cash in hand||||||980|544|980|544|
|Total cash and cash equivalents|||at end ofyear|||90,890|194,056|54,656|95,598|
##
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##
||||||2022|2021|
|---|---|---|---|---|---|---|
|Total income and endowments|||||~695472|558896|
|Expenditure|on:||||||
|Raising funds
Charitable
activities|||||14,253
~6379|12,320
554 030|
|Total expenditure|||||~8 0632|566 350|
|Net expenditure|||||(155,160)|(7,454)|
|Donations|from Strawberry||Hill House|Trading Services Limited|58,469|47,305|
|Unrealised|(loss)/gain|on investment||assets|(38,634)|33,842|
|Total funds|brought forward||||623,415|549,722|
|Total funds|carried forward||||488,090|623,415|
|Represented
by:|||||||
|Unrestricted|funds||||171,6'78|237,741|
|Restricted|funds||||39,350|19,978|
|Endowment|funds||||277,062|365,696|
||||||488,090|623,415|
##
##
||||||Unrestricted|Restricted|Endowment|2022|2021|
|---|---|---|---|---|---|---|---|---|---|
||||||Funds|Funds|Funds|||
||||||6|5|F|||
|Donations||||||||||
|General donations|||||8,699|326||8,699|6,284|
|Lynn Fitzwater||||||10,056||10,056|9,759|
|Chds Sumner|||||||||2,890|
|Stephen
Clark|||||500|||500||
|Paul Kafka|||||200|||200||
|The Pennycress|Trust|||||5,000||5,000||
|Sir James Scott|||||1,000|1,000||2,000||
|Margaret
Boulton||||||1,000||1,000||
|The Decor Cafe|||||||||150|
|Pope's Grotto Preservation|||Trust||||||2,332|
|Aegis|||||||||8,083|
|John &Anne Hornby|||||500|||500|500|
|Valarie Pinnington|||||||||465|
|GIR Aid|||||10,815|||10,815|8,195|
||||||21,714|17,382||39,096|38,658|
|Legacies||||||||||
|Sian Richards|||||540|||540|11,734|
|Eileen Cynthia
Fairhurst|||||74,000|||74,000||
|Ann Sayer|||||2,502|||2,602||
||||||77,142|||77,142|11,734|
|Grants||||||||||
|The Arts Council|||||||||245,600|
|Historic England|||||||||25,000|
|ICON Conservation||Grant|||||||12,805|
|City Bridge Foundation||||||1,484||1,484||
|National
Heritage|Memorial||Fund|||115,000||115,000||
|The Art Fund||||||116,256||116,256||
|The Pilgrim Trust||||||24,250||24,250||
|The John R Murray||Charitable||Trust||25,000||25,000||
|Trinity Fine Art Ltd|||||6,000|||6,000||
|Seville UK Ltd|||||4,000|||4,000||
|Russell Cooke||||||||2,500|2,500|
|Aegis||||||7,700||3,126|3,126|
||||||10,000|289,690||299,690|289,031|
||||||108,856|307,072||415,928|339,423|
##
##
|||Unrestricted|Restricted|Endowment|2022|2021|
|---|---|---|---|---|---|---|
|||Fundsf|Fundsf|Fundsf|f|f|
|Door admissions||119,624|||119,624|66,066|
|Specialist tours||15,868|||15,868|5,155|
|Events||1,271|||1,271|6,330|
|Education||29,254|||29,254|13,578|
|Tea Room||17,127|||17,127|21,195|
|St. Mary's lease income||80,000|||80,000|80,000|
|"Friends" subscription||4,342|||4,342|4,911|
|Patrons membership||7,500|||7,500|6,250|
|Garden sales||150|||150||
|Job Retention|Scheme|||||12,341|
|Miscellaneous|income|3,954|452||4,406|3,645|
|||279,090|452||279,542|219,471|
##
|is shown
below|:|||||
|---|---|---|---|---|---|
|||||2022
f|2021
f|
|Cost ofsales||||111,028
~26 665|104,039
~16151|
|Gross profit||||84,333|87,888|
|Administrative
expenses
Donations to Strawberry||Hill Trust||(25,864)
~55465|(35,948)
~47 355|
|Retained
profit|for the year|||||
|The assets and|liabilities|ofthe subsidiary|were:|||
|Fixed assets||||3,517|1,177|
|Current assets||||139,228|125,179|
|Current
liabilities||||~742 645|~137756|
##
##
|||Unrestricted|Restricted|Endowment|2022|2021|
|---|---|---|---|---|---|---|
|||Funds|Funds|Funds|||
|||5|||||
|Salaries and wages costs (note 12)||12,000|||12,000|12,000|
|Hospitality|costs|||||70|
|Fundraising||2,253|||2,253|250|
|||14,253|||14,253|12,320|
##
|||||Unrestricted|Restricted|Endowment|2022|2021|
|---|---|---|---|---|---|---|---|---|
|||||Funds|Funds|Funds|||
||||||6||6||
|Restoration
and renovation|||costs|48,958|11,820||60,778|36,767|
|Donation to Strawberry||Hill|||||||
|Collection Trust (note 6)|||||231,800||231,800||
|Curatorial||||5,813|||5,813||
|Salaries and wages|costs (note 12)|||188,263|49,676||237,939|189,621|
|Staff training
Advertising 5marketing||||1,228
26,287|||1,228
26,287|1,907
6,569|
|Recruitment
costs||||925|||925|6,070|
|Tour guides||||1,375|||1,375|2,145|
|Gardening
costs||||2,890|||2,890|6,660|
|Other maintenance|and|repairs||80,238|||80,238|117,369|
|Light and heat||||17,754|||17,754|15,704|
|Insurance||||72,706|||72,706|62,005|
|Rates||||(2,687)|||(2,687)|6,590|
|Computer
and web|expenses|||8,361|||8,361|7,575|
|Other administrative|costs|||52,454|||52,454|52,262|
|Audit fee||||6,665|||6,665|5,533|
|Accountancy
services||||1,538|||1,538|2,609|
|Legal and professional||fees||1,103|||1,103|3,946|
|Bank charges||||10,902|||10,902|7,833|
|Sundry||||661|||661|5,047|
|Depreciation||||17,649|||17,649|17,818|
|||||543,083|293,296||836,379|554,030|
##
|Net income/(expenditure)
for the year||||
|---|---|---|---|
|||2022f|2021
6|
|This is stated after charging:||||
|Operating
lease charges||8,901|6,675|
|Auditors
remuneration:||||
|Audit fees||6,665|5,533|
|Other financial services provided|by the auditor|1,538|2,609|
|Depreciation||17,649|17,820|
##
|f costs, trus|tee|rem|uner|ation
an|d expenses
and key manag|ement
personnel||
|---|---|---|---|---|---|---|---|
|||||||2022|2021|
||||||||5|
|Salaries and|wages|||||255,763|205,661|
|Social security||costs||||17,787|13,183|
|Pension costs||||||3,908|2,755|
|||||||277,458|221,599|
|||||||2022|2021|
|Expenditure|on|raising funds||||12,000|12,000|
|Expenditure|on|charitable||activities||237,939|189,621|
|Other administrative|||costs|||5,360|1,713|
|Administrative||expenses||in trading|activities|22,159|18,265|
|||||||277,458|221,599|
##
##
##
##
|gible fixed assets||||||
|---|---|---|---|---|---|
||||Website|Fixtures and||
||~D*|I|t|~Eui me tf|Total
6|
|~Grou||||||
|Cost:||||||
|At 1"January 2022|||19,687|235,290|254,977|
|Additions||||6,536|6,536|
|At 31"December 2022|||19,687|241,826|261,513|
|Depreciation:
At 1"January 2022|||19,687|160,189|179,876|
|Provision for the year||||18,382|18,382|
|At 31"December 2022|||19,687|178,571|198,258|
|Net book value:||||||
|At 31"December 2022||||63,255|63,255|
|At 31"December 2021||||75,101|75,101|
|~Chari||||||
|Cost:||||||
|At 1"January 2022|||19,687|223,265|242,952|
|Additions||||3,462|3,462|
|At31"December 2022|||19,687|226,727|246,414|
|Depreciation:
At 1"January 2022|||19,687|149,336|169,023|
|Provision for the year||||17,649|17,649|
|At31"December 2022|||19,687|166,985|186,672|
|Net book value:||||||
|At31"December 2022||||59,742|59,742|
|At31"December 2021||||73,929|73,929|
##
##
##
||||~Grou||~Charit|~Charit|
|---|---|---|---|---|---|---|
||||2022
f|2021
f|2022
f|2021
f|
|ck held by subsidiary||company at cost|||||
|tors|||||||
||||~Grou||~Charit||
||||2022
f|2021
f|2022
f|2021|
|Due from subsidiary|||||45,744|101,697|
|Trade debtors|||14,678|8,566|960|7734|
|Accrued income|||86,776|22,996|86,700|22,920|
|VAT recoverable||||866|25,550|21,512|
|Prepayments|and other debtors||71,800|49,383|71,800|48,507|
||||173,254|81,811|230,754|202,370|
##
##
|rent Asset Investments|||
|---|---|---|
||Group|Charity|
||2022
f|2022
f|
|Listed investments:|||
|Carrying
value (market value) at1"January 2022|365,696|365,696|
|Accumulation
Loss on revaluation
to market value
Total recognised
gains and losses|9,459
~48,093
~30 034|9,459
~48 093
~30034|
|Sale ofinvestments|(50,000)|(50,000)|
|Carrying
value (market value) at31"December 2022|277,062|277,062|
##
|ditors: amounts
falling due within one|year||||
|---|---|---|---|---|
||~Grou||~Chandi||
||2022
f|2021
f|2022
f.|2021
f|
|Trade creditors|81,370|33,843|81,325|32,999|
|Tax and social security||4,514||4,514|
|Deferred income (note 20)|26,645|61,082|26,645|61,082|
|Accrued expenditure|19,374|15,390|17,977|13,893|
|VAT|813||||
|Other creditors|8,372|3,360|8,277|1,790|
||136,574|118,189|134,224|114,278|
##
##
|||Groupf|Charityf|
|---|---|---|---|
|Balance as|at 1 January 2022|61,082|61,082|
|Movement|in deferred income|(34,437)|(34,437)|
|Balance as|at 31 December 2022|26,645|26,645|
##
|Unrestricted
funds|||||
|---|---|---|---|---|
|2022|Balance at
Incoming
1"Jan '22
Resources
f
f||Outgoing
Resources
f|Balance atYear
Transfers
31"Dec '22
f
f|
|General funds|237,741|387,948|(557,336)|103,325
171,678|
|Reserves ofsubsidiary||111,028|(52,559)|(58,469)|
|Total|237,741|498,978|(609,895)|44,856
171,678|
|~2021
tv|Balance at
Incoming
1"Jan '21
Resources
f
f.||Outgoing
Resources
f|Balance at
Transfers
31e Dec '21
f|
|General funds|221,916|497,949|(501,933)|19,809
237,741|
|Reserves ofsubsidiary|(4,635)|104,039|(52,099)|(47,305)|
|Total|217,281|601,988|(554,032)|(27,496)
237,741|
##
##
##
##
|Restricted funds|||||||
|---|---|---|---|---|---|---|
|2022|Balance at
1"Jan '22
f||Incoming
Resources
f|Outgoing
Resources
f|Transfers
f|Balance at
31"Dec '22
f|
|Restoration
fund|15,952||||(15,952)||
|Hogarth
Acquisition|||238,256|(231,800)|(6,456)||
|Conservation|||24,250|(11,878)||12,372|
|Curatorial|||10,056|(13,674)|3,618||
|Feel Good Garden|||9,510|(10,944)|1,434||
|John Murray - Database|||25,000|(25,000)|25,000|25,000|
|Lecture Series|2,500||||(2,500)||
|University
Funded Projects|1,526||452|||1,978|
|Total|19,978||307,524|(293,296)|5,144|39,350|
|2621~5|Balance at
1"Jan '21|Incoming
Resources||Ou'tgolng
Resources|Transfers
F|Balance at
31"Dec '21
f|
|Restoration
fund|15,952|||||15,952|
|Conservation|||10,000|(11,745)|1,745||
|Curatorial|||9,759|(9,982)|223||
|Heritage
England —exterior|||25,000|(29,854)|4,854||
|Feel Good Garden|||11,901|(12,575)|674||
|Lecture Series|||2,500|||2,500|
|University
Funded Projects|||1,787|(261)||1 526|
|Total|15,952||60,947|(64,417)|7,496|19,978|
##
##
##
|Endowment
funds||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|2022||Balance at
Incoming
1
Jan '22
Resources||||Outgoing
Resources|||Loss on
Transfers
Investment||Balance at
31'Dec '22|
||||5|6||5|||8
5||5|
|The Heritage
Lottery||||||||||||
|Fund/Department
for Culture||||||||||||
|Media and Support Catalyst:||||||||||||
|Endowment
fund|||365,696||||||(50,000)
(38,634)||277,062|
|Total|||365,696||||||(50,000)
(38,634)||277,062|
|The balance ofF277,082|includes||8213,000 ofmatched|||funding
received from the Heritage
Lottery Fund.||||||
|In certain
circumstances|for|example,
if the||Charity|ceases to||operate,
the matched
funding||||may be|
|repayable.
The remaining|F84,082 is made up|||ofappreciation
ofthe||||fair value ofthe investment|||and other|
|donations
received. This|is non-returnable.|||||||||||
|2021|Balance at
Incoming
1"Jan '21 Resources
f
5||||Outgoing
Resources|||Gain on
Transfers
Investment
5
f||Balance at
31"Dec '21
5||
|The Heritage
Lottery||||||||||||
|Fund/Department
for||||||||||||
|Culture
Media and Support||||||||||||
|Catalyst: Endowment|fund||311,854||||||20,000
33,842||365,696|
|Total|||311,854||||||20,000
33,842||365,696|
|Name offund|||Descrl|tion
nature and|||u||oses ofthe fund|||
|The Heritage
Lottery|||Contributions
to||the Endowment||||Fund are raised through||donations|
|Fund/Department
for|Culture||to 'The|Peacock||Appeal' at|Strawberry
Hill House and augmented|||||
|Media and Support Catalyst:|||by transfers
from|||unrestricted||funds. This income is then|||matched|
|Endowment
fund|||by The|Heritage||Lottery Fund||as grant income. This is an|||expendable|
||||endowment
fund|||with an expectation
from The Heritage||||Lottery Fund||
||||that the|fund
will||be maintained|||for a minimum
of25 years.|||
##
##
##
|lysis o|fnet assets bet|ween|fu|nds||||
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Endowment||
|2022||||fundf|fundf|Fund
6|Total|
|Fixed assets||||63,255|||63,255|
|Current|assets|||218,352|65,995|277,062|561,409|
|Current|liabilities|||(109,929)|(26,645)||(136,574)|
|||||171,678|39,350|277,062|488,090|
|||||Unrestricted|Restricted|Endowment||
|2021 corn
arative||||fund|fund|Fund|Total|
|||||5|f.|5|6|
|Fixed assets||||75,101|||75,101|
|Current|assets|||219,747|81,060|365,696|666,503|
|Current|liabilities|||(57,107)|(61,082)||(118,189)|
|||||237,741|19,978|365,696|623,415|
|mitme|nts
under operating||leases|||||
|charity|had the following|annual||commitments
under|non-cancellable|operating leases:||
|||||||2022|2021|
|||||||6|6|
|Operating
leases which||expire:||||||
|Within|one year|||||8,798|8,696|
|In two|to five years|||||11,566|16,348|
|||||||20,364|25,044|
##
##
##
##
##
##
##
##
##
|onciliation|of|net in|come to net cash flo|w from operating
activiti|es|||
|---|---|---|---|---|---|---|---|
|||||~Grou||~Chari||
|||||2022
f|2021
5|2022|2021f|
|Net movement||in funds||(135,325)|78,328|(135,325)|73,693|
|Adjustment|for.|||||||
|Depreciation||||18,382|19,023|17,649|17,820|
|Loss/(gain)|on|investment||38,634|(33,842)|38,634|(33,842)|
|Deduct income||from|investments|(2)|(2)|(2)|(2)|
|Decrease|in stock|||4,737|6,432|||
|(Increase)|in debtors|||(91,443)|(16,695)|(28,384)|(94,852)|
|Increase/(decrease)|||in creditors|18,385|(113,052)|19,946|(112,094)|
|||||(146,632)|(59,808)|(87,482)|(149,277)|
##