COMPANY REGISTRATION NUMBER." 4637976
CHARITY REGISTRATION NUMBER: 1099607
Richmondshire Building Preservation Trust Ltd
Company Limited by Guarantee
Consolidated Financial Statements
31 March 2024
WM FORTUNE AND SON
Chartered Accountants & statutory auditor
Collingwood House
Church Square
Hartlepool
TS24 7EN

Richmondshire Building Preservation Trust Ltd
Company Limited by Guarantee
Flnanclal Statements
Year ended 31 March 2024
Page
Trustees, annual report (incorporating the directorfs report)
Independent auditor's report to the members
Consolidated Statement of financial activities (including income
and expenditure account)
13
Consolidated Statement of financial position
14
Consolidated Statement of cash flows
15
Charity Statement of financial position
16
Notes to the financlal statements
17

Richmondshire Building Preservation Trust Ltd
Company Limited by Guarantse
Trustees. Annual Report (Incorporating the Director's Report)
Year ended 31 March 2024
The trustees, who are also the directors ftjr the purposes of company law, present Ihelr report and the
financial statements of the company for the year ended 31 March 2024.
Reference and administratlve details
Reglstered charlty name
Richmondshire Building PreseNation Trust Ltd
Charlty regl8tratlon number
1099607
Company regi8tratlon numb8r 4637976
Prlnclpal offlce and reglster8d The Statlon
offlce
station Yard
Richmond
North Yorkshlre
DL104LD
The tru$tga8
Mr R W Casson
Ms B J Clarkson
Mr S Ibbot50n
Mr B Campbell Johnson
Mr N Bradbury
{Appolnted 15 January 2024)
{Served from 15 January 2024 to
1 Aprll 2024}
Mrs N A Dagnall
Mr J WGravenor
Mr J J Yales
Mr J P R Harris
MrPLJUplon
Mr C Greaves
Ms S J Foster
(Resigned 31 May 20231
(Resigned 31 May 20231
Auditor
Wm Fortune and Son
Chartered Accountants & slalutory audltor
Collingwood House
Church Square
HartlepDoI
TS24 7EN
Bankfrr6
HSBC
1 Prospect Place
Darlington
DL3 7LQ

Rlchmondshire Bulldlng Preservation Trust Ltd
Company Limited by Guarantee
Trustees. Annual Report (Incorporatlng the Dlrector's Report) {conllnued)
Year ended 31 March 2024
StruGture, governance and Tnanagement
Goveming Document
Rlchmondshire Bullding Preservallon Trust {'RBPT or 'lhe Trust'} Is a company Ilmlled by guaranté6
and is governed by its Memorandum and Artl¢les of Assoclation; It Is reglstered as a charity wllh the
Charlty Commission.

Richmondshire Building Preservation Trust Ltd
Company Llmlted by Guarantee
Trustees, Annual R8POrt (Incorporating the Director's Reportl (¢ontinr
Year ended 31 March 2024
Objectives and activities
The Memorandum and Articles of Association defines the objectsves of the RBPT as..
l. To preseNe. for the peoplg of Richmondshire and of the Nation, the historical, arGhAtectural and
constructional heritage that may exist in and around Richmondshira, in the County of North Yorkshire
in buildings and land (including any building as defined in S8clion 336 of the Town 8nd Country
Planning Act 1990) of p8rticul8r beauty or hislonc81. 8rGhilectur81 or constructional interest.
2. To pron70te Education and the Arts in such ch8ritable w8yS 88 the Trust&es consider 8ppropriate
from time to lim8. to complement the Pre88lV81ion of the said Historical, Architectural and
Constructional Heritage.
Publlc Beneflt statement
The objectives of the Trust are sel out above. The Trust has fulfllled these obje¢llves through the
maintenance and running of The Station and with respect to related educational and artistlc actlvllles.
In making decisions and exercising its powers the Trust has had due regard lo the Charlty
Commisslon Guldance on Public Benefit.
The Trust Board
At the year-end, there were 11 Trustees (out of a rnaximum of 12, as lald down by the Memorandum
8nd Articles of As$oci8tionl, Bryan Johnston 1$ the current Chair and the board agreed that a
designated Vlce Chgir was essentlal, and Lin Ryan was gppolnted. Each board member wa5 given a
secondary appolntment on whlch they would lead., Robin Casson Operations Director, Stephen
Ibbolson Finance Director. Phll Upton Technology Officer, John Yates Informallon Offlcer, John Harris
Liaison Officer and James Gravenor Chair of RBPT Enterprlses lour wholly owned trading subsidiary).
The B08rd would Ilke to thank James Gravenor for hls invaluable financlal leadership in his previous
post as Finance Dlre¢tor, whlch handed over to Stephen ear5y In the financial year. The Board was
pleased to co-opt Nlcky Dagnall and Nlgel Bradbury In January 2024, who bring new skillsels to the
board bulll from successful Ca￿er$ In the arts and englneerlng. 80th will be proposed for election a8
Trustees at the next AGM along wllh any further co-options taklng pla¢e after 31 st March 2024,. which
currently includes Sian Moore, who br5ng$ expertlse from local aulhorlty and an extensive flnancial
background. The Board is supported by a clerk, Maggle Shackleton. The Trust board thanks Chris
Brown, formerly our General Manager but now the Trust Chief Exe¢utlve Offl¢er for hls hard work and
leadership over the last year.
Membgr8 of the Truot
The Trust members are called Friends, each ellher pay an annual fee or a minimum £SOO for life
membershlp. All Frlends are invited to attend the Annual General Meeling, elect or re-elect Trustee5
and to approve the Annual Report and the related accounts. as well as taking part in discussion of
mallers of interest. Al the end of the year there were 176 Friends161 Life Friends, 64 Joint and 51
individual)
a small increase on the prevlous year. The Chlef Executive Offi¢er has revlewed tho
scheme, which relaunched In June 2024 In efforts to further grow the Trust membershSp.
Organlsatlon
The Trust's main asset is The Station. Chris Brown, the Trust Chief Executive Offlcer, Is responslble
for the day-to-day management of the building, in consultation with operallonal Trustees Stephen
Ibbolson, as Director of Finance and Robin Casson, as Director of Operations. Chris Brown Is
supported by a team of 5 managers for Finance, Buildings, Marketing, Cinema and Events, G811ery
and Retail. RBPT directly manage the Cinema, Shop, Gallery and Room Hire operations, alongside Its

Richmondshire Building Preservation Trust Ltd
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) {¢on¢lnuedJ
Year ended 31 March 2024
role as building manager for Ihe whole sile. We'd like to thank all our managers and thelr teams, for
their hard work in providlng the best experience lo the many visitors and customers of The Slalion.
The Chlef Executive Officer Is also responsible for supporting and managing the relationships with The
Station's flve tenant buslnesses. as well as progressing any external operational projects. The Station
Café l Bar and The Sweet Stop (opened In December 2023} a￿ run by RBPT Enterprises, a wholly
owned subsldlary of the Trust. constlluted as a company limited by guarantee, with four Directors in
post al year•end', Garelh Botlomley (Café Head Chefj, Faye Doorbar Ilndependenll, James Gravenor
(Trustee} and Bellnda Ryan (Trugleel. The Board would like to thank the Enterprises Directors for their
tireles5 work In eslablishlng the Café and new venture, The Sweet Slop, as thriving businesses.
Thanks also to Enlerprlses Manager, Emma Bottomley, and her team, who create a welcoming and
professlonal envlronment to all customers.
Strat•gl¢ r6POrt
The following sections for achievements and performance and financlal revlew form the straleglc
report of the company.

Richmondshire Building Preservation Trust Ltd
Company Llmlted by Guarantee
Trustèas, Annual Report (Incorporatlng th6 Director's Report) (contlnu8d)
Year ended 31 March 2024
Achlevements and performance
Improvements to the Statlon
During the 2023124 financial year we completed a full refLtrbishmenl of the Artisan gallery area, fitted
new UV black Dut blinds to the Dance Studio and Townsend Suite windows and widened the main
steps from the platform lo Café lo ease congestion, amongst other minor improvements around the
whole sile. Further improvements are due in the 24125 financial year including preventative
maintenance to the entire glazed roof space, upgrading of internal utility meters, preventative
maintenance to the flat roof above the Artisan area, recarpeling of meeting rooms and high traffic
areas, external decoration, installation of EV charging points and upgrade of facilities in our meeting
rooms. The Stslion's quinquennial building survey was completed in October 2023 and highlighted
little of ¢on¢ern, with mostly cosmetic items only requiring attention. The Trust continues lo fulfil its
primary obje¢live of presetving heritage assets under its control for generations to come and investing
as required to fulfil this objective.
Volunteer8
The Trust Board greatly values the involvement of volunteers from the local community. Of the 21
volunteers al the end of the financial year, one assists in the Shop, sixteen greet visitors on the
Plaiform, one leads on the Station heritage, Dne assists with events and assist with th8 cinema.
The volunteer team is managed by on8 of the staff, acting as Volunteer Coordinator. We extend our
thanks to all our dedicated volunteers and our passionate Volunteer Coordinator.
The Tenanls
Th& rents paid by our Tenants are an Integral pert of the financial bu$lne$8 model for running The
Slalion and the Trust as 8 whole, the $ucce$8 of those businesses is ¢ru¢ial. Currently, The Brew
Slallon 8nd Archer's Jersey Ice Cream each occupy unlt$. Goosewlng Studios and The Angel,
Share o¢¢upy one. The C J Sohool of Dance also occupies one unit with the addllSonal part tlme use
of the Townsend Suite. The Café Bar area 1$ oc¢upled by RBPT Enterprises, along with an additional
unil for'The Sweet Stop,. Within the fin8nclal year, Rlchmond Brewing Company departed The Station
and we wel¢omed new tenant, the Brew Stsllon In Ihelr pla￿. The Angel's Share consolidated thelr
operallons to one unit and the vacant unll was a¢qulred by RBPT Enlerprlses for a new vlnlage sweet
shop. The Trust run Slatlon Shop occupies one unlt and the Cinema occupies four units. The Trust
management office occupies one ursil. The Trust Board would like to thank all our lenanls, who
¢olle¢llvely allracl many vlsitors to The Station and conlrlbule greatly to ourlolnt economic success.
The Statlon and the Communlty
The Trust sees the Station as a centre for the local community and in that context a number of events
have been org8nised within the financial year, including.. a series of themed fairs, children activity
trails, foraging workshops, various Creative and physical workshops; including art, glass fusing, wreath
making and book binding. In addition, Father Christmas made his annual visit for 2 weekends to the
delight of our younger visitors. The Station also provides a venue for those wishing lo learn or improve
their knowledge ol French, Italian and Spanish, or further their wellbeing in Yoga or Pilales. There are
also dance classes, children's music classes and The Station provides a home for the Slalion Singers,
Weightwalchers, POSCH and a photography group (alongside other private classeslhiresl. In the
2023124 financial year. The Station saw a lolal footfall of 528.176. up 5.4% from the previous year..
equating to an average of over 1,400 visitors per day. The Station Cinema saw 48,145 admissiorss,
which ex￿eded our annual target by over 5,000.
Risk Management
Strategic risks are managed by an elected board representative and operational risks are managed by
the Chief Executive Officer. Both are reviewed regularly al Board meetings and monthly by the Chief
Executive Officer. Urgent risks may be identified at any time either Strategic or Operational and

Richmondshire Building Preservation Trust Ltd
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) (¢ontinutrdJ
Year ended 31 March 2024
brought to the attention of the Board via electronic ￿MMunICation and appropriale action taken
swiftly. With the appointment and our thanks to a new Clerk lo the Board, risks and progress are
osely monitored via detailed meeting minutes and rolling action logs.
Relatlonshlp wlth other oryanlsatlons.
Although the Trust owns The Station bLtllding and the immediately adjacent Car park, it shares the
tenancy of the remainder of the Car park, leased from North Yorkshire Council, with the Richmondshire
Lelsure Trust. All income and expenses are shared on an equal basis and regular meetings take place
at senior level, regardlng the shared site and the local environment. We would like to thank
Richmondshire Leisure Trust for such a productive re5ationship and commitment lo jointly operating a
high-quality site. The Trust is represented at meetings of the Onginal Richmond Business and Tourism
Association IORBTAI and ils subsidiary tourisffl body Welcome lo Richmond. We are also a member
of the Heritage Trust Network, an organisation that helps members save national heritage assets. We
are also continuing to build relationships with the local army and refugee community. Richmondshire
District Council has now been succeeded by North Yorkshire Council. The Trust looks forward lo
ntinuing lo build ils relationship with the unitary authority and its representatives, and furthering our
objectives of preseNing heritage buildings Ihroughoul Richmondshire.
Flnanclal revlew
Flnanclal Statoment
The Trust's accounts In 2023124 8howed 8 surplus of £26,984 on our General Fund, which is a
positive variation of £57,721 on the previous years p6rformanee. The year-end performance Is a
£19,464 improvement against the annual budget forecast. There are a number of factors that aided
thls strong performance includlng.. book sales. events. gallery, investment income and the Slalion
Shop (all achieving at least £2,000 over their respective budgelsl. The main conlribulin9 factor was
the Station Cinema, with improved performance of almost £80,000 on the previous year, generating a
surplus of £39,241 (£19,241 over budgell. We were also gfaleful to receive a gen8rou5 £10,000
legacy donation from a v8ry well respected and prominent supporter of the Trust. There were a
number of negative factors loo. which were offset by strong performances elsewhere in the
organisalion-. significant loss of rent due to the departure of a long-standing tenant and associated
unbudgeted legal fees, underperformance in our car park operations due lo unbudgeted expenditure
needed on ground works and tree maintenance. amongst a few other minor items of expenditure that
exceeded budgeted figures Islaffing, repairs and governance). RBPT Enterprises made a loss Sn
2023124 of £1,246, after amalgamating the accounts from the Café | Bar (profit of £6,279) and new
operation, the Sweet Slop (loss of £6,476 and £1,049 depreciallonl. Thls loss is after contrlbuling to
the Trust over £130,000 in rent. service charges, staffing recharges, flnanclng and discounts to staff,
volunteers and Friends. A reduction of £31,535 in restricted funds is due lo the depreclatlon {£51,535}
of the Trust's herllage asset, the Station building and an increase Sn the New Prolecls Fund1£20,0001
due to Ihe rettlpl of a UKSPF grant lo aid In renewed feaslblllty sludies at The Old Grammar School
{whlch was unspent al year-end). This is the flrst of grants awarded lo the Trust for thls purpose.
No grants were issued by the Trust to external partles In 2023124. In planning for the future, the Trust
has a pollcy of rlng-fenclng £100,000 I'major Repairs Fund I to be sel aslde for malntenance prolects
In the medlum to long term,. with a separate largel of £275,000 In accumulated general funds, to meet
working capital needs and to covèr potentlal loss of Income If a tenant leaves. The current unrestricted
funds, including the ring-fenced £100,000 stood at £389,165 on 31 st March 2024 which is above our
reseThe targets. Cashflow is monitored and reported on regularly by our Finance Manager, to ensure
811 Trust liabilities can be timely met.

Richmondshire Building Preservation Trust Ltd
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) (contlnued)
Year ended 31 March 2024
Plans for future perlods
The Future
2024125 is looking to continue positively, after finishing 2023124 on a strong financial footlng. Energy
costs have begun to fall. with gas costs especially reducing considerably from March 2024, albeit
other building costs continuing to rise with inflation. The cinema. although performing well, continues
to be a long-term risk with changes in audience attitudes and the continued rise in the popularity of
streaming. We are pleased however to note a strong performance, ahead of budget, in Q1 of the new
flnan¢ial year and our Cinema General Manager continues to innovate to mitigate this long-term risk.
The budget for 2024125 has been sel and if achieved by all our op8ralions (including those of RBPT
Enlerprisesl, will generate another strong surplus. The Chief Executive Officer and th8 Board continue
to explore new opportunities for growth and diversification, including feasibility work into al risk
herllage buildings of interest,. which include the former Old Grammar School and fomier Gas House,
both of which sit in close proxlmity lo and complement the heritage of our flagship project, The Station.
Trustees. responslbllltl88 Statement
The trustees, who are also directors for the purp08es of company Igw, are responsible for prep8ring
the Iru$tee$' report and the financial slalemenls in accordance with gpplic8ble law and United
Klngdom Accounting Standards (United Kingdom Gener811y Accepted Accounting Practice).
Company law requires the company trustees lo prepare financial statements for each year which give
true and fair view of the state of affairs of the charitable company and the incomlng resourc8s and
application of resources. including the income and exp8nditure, for that period.
In preparing these finan¢ial 818temenls, the trustees are requlr8d lo..
sel8¢t sullable a0￿untIng poll¢S&s and then apply them con$1stent￿.
observe the methods and princlples In the applicable Charities SORP.,
make judgments and accountlng estimates that are reasonable and prudent..
state whether applicable UK Accounting Standards have been followed, sublecl to any malerlal
departures dis¢losed and explained in the financial ststements.
The trustee$ are respon$lble for keeplng adequate accountlng records Ihat are suffi¢lent to show and
explaln the company's Ir8nsa¢tlon$ and disclose wlth reasonable a¢¢ura¢y at any time the financial
posltion of the company and enable them lo ensure Ihat the financial slalements comply with the
Companies Act 2006. They are also responslble for safeguardlng the assets of the company and
hence for laklng reasonable steps for the prevention and dete¢llon of fraud and other Irregularities.

Richmondshire Building Preservatlon Trust Ltd
Company Limited by Guarantee
Trustees, Annual Report (Incorporatlng the Dlrector's Report) (c¢￿1￿n￿ed)
Year ended 31 March 2024
Auditor
Each ol the persons who is a trLtstee al the date of approval of this report confirms that..
so far 88 they are aware, there is no relevant audit informatlon of which the company's auditor Is
unaware., and
they have taken all steps that they ought lo have taken 8s a trustee to make themselves aware of
any r8lévanl audit information and to establish that the company's auditor is aware of that
information.
A resolution to reappolnt Wm Fortune and Son as auditors will be proposed at the forthcomlng Annual
General Meeting.
The trustees, annual report and the slrateglc report were approved on 17 September 2024 and slgned
on behalf of
he board of trustees by..
MrBC
Trust
mpbell Johns

Richmondshire Building Preservation Trust Ltd
Company Limited by Guarantee
Independent Auditor's Report to the Members of Richmondshire Building
Preservation Trust Ltd
Year onded 31 March 2024
Oplnlon
We have audited the financial slatemenls of Rlchmondshlre Bullding PreseNatlon Trust Ltd (the
'parent charitable company'l and its subsidiary (the 'the group'l for the year ended 31 March 2024
which comprise the consolidated slalemenl of financlal activities (including income and expendllure
account), consolidated statement of financial position, consolidated slalement of cash flows and the
related notes, including a summary of significant accounting policies. The financial reporting
framework that has been applied in their preparation Is applic3ble law and United Kingdom Accounting
Standards, including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of
Ireland (United Kingdom Generally Accepted Accounting Practice).
In our opinion the financlal ststemenls..
glv8 a true and falr vlew of the stale of the group and parent charltable company's affairs as at
31 March 2024 and of ils incoming resources and application of resources, Including its income
and expenditu￿, for the year then ended.,
have been properly prepared In accordance wlth Unlted Kingdom Generally A¢¢epted
Accounting Practice.,
have been preparerj accordance wlth the requlrements of the Companies Act 2006 and the
Charities Act 2011.
Ba816 for oplnlon
Wt Conduded our audlt In a¢cordanc& wllh International Standards on Audlllng (UK) IISAS IUKI) and
applicable saw. Our responslbllllies under those standards ar• further described in th• audilorfs
r8$ponsibllllies for the audit of the financial statements sèctlon of our report. W& are Independent of
the company In accordance with the ethlcal r¢quirem8nls that are relevant to our audit of th8 financial
statements In the UK, including the FRC'S Ethlcal Standard, and we have fulfllled our other ethical
r&sponsibilllles in accordance wlth these requlrements. We b&lieve that the audll 8vSdon¢e w6 have
obtalned is sufficient and approprlale lo provld6 a basis for our opinlon.
ConGluslons relating to going concern
In auditlng the financlal statements, we have concluded that the trustees, use of the g0Sng concern
basis of accounting in the preparatlon of the financial statements Is approprlate.
8as8d on the work we have pertormed, we have not Idenlifl&d any materlal un¢ertalntl&$ relating lo
events or condltlons that, indlvldually or ¢o118ctlv8ly. may Cast slgNlfi¢anl doubl on the company's
ability to continue as a going concern for a penod of al least twelve months Irom when the finan¢lal
statements are aulhorised for issue.
Our responsibilitie8 8nd the respDnsibililies of the trustees with respect to going con¢em are described
in the relevant sections of this report.

Richmondshire Building Preservation Trust Ltd
Company Limited by Guarantee
Independent Auditor's Report to the Members of Rlchmondshlre Building
Preseriation Trust Ltd (eontfnved)
Yéar ended 31 March 2024
other Informatlon
The other information ¢omprises the information included in the annual report, other than the financial
statements and our auditor's report thereon. The trustees are responsible for the other information.
Our opinion on the finanoial slalements does not cover the other information and, except to the extenl
otherwise explicitly slated in our report, we do not express any form of assurance Conclusion Ihereon.
In connection with our audit of the financial statements, our responsiblllty is lo read the other
information and, in doing so, ¢onsider whether the other information is materially inconsistent with the
financial statements or our knowledge obtained in the audit or olheNise appears lo be materially
misslaled. If we identlfy SLr¢h material inconsistencies or apparent materfal misslalements, we are
required lo determine whether there is a mat8rial misslatemenl In the financial slalements or a
material misstalemenl of the other information. If, based on the work we have performed, we conclude
that ther8 is a material misslatemenl of this other information, we are requlred lo report that fact.
We have nothlng to report In Ihls regard.
Oplnlons on other matters prescrlbed by tho Companles Act 2006
In our oplnlon, based on tho work undertaken1n the course of the audit..
the information given in the trustees, report for the financial year for which the flnanclal
statements are prepared Is consistent with the financial stalement$,' and
the trustees, report has been prepared In accordance with appllcable legal requlrements.
Matters on whlGh we aro requlrfrd to Teport by excoptlon
In the Ilght of the knowledge and understanding of Ihe Ihe group and parent chartable company and its
envlronmenl oblainad In the ¢ourse of the audlt, we have riot id8nlified material misslatemenls In the
Irusle&s' report.
We have nothlng lo report In respect of the followlng matters In relatlon lo whlch the Companies Act
2006 and the Charities Act 2011 requires us lo report to you if, In our opinlon..
adequate accounting records have not been kept, or retums adequate for our audit have not
been received from branches not vlsited by us., or
the financial statements are not in agreement with the accour¢ling records and returns-, or
certain disclosures of trustees, remuneration specified by law are not made., or
we have not re￿￿￿ed all the information and explanations we require for our audlt.
10

Richmondshire Building Preservation Trust Ltd
Company Llmlted by Guarantse
Independent Auditor's Report to the Members of Richmondshire Building
Preservation Trust Ltd (conllnued)
Year ended 31 March 2024
Re8pon8ibSlltles of Iru8tee8
A$ explained more fully in the trustees, responsibilities statement, the Iruste&s (who ar8 also the
directors for the purposes of company lawl are responsible for the preparatlon of the finanoial
statements and for being satisfied that they give a true and falr vlew, and for such inl8rnal control as
the trustees determine is ne￿SSary to enable the preparation of flnancial slalemenls that are free
from material misstatement, whether due to fraud or error.
In preparing the financial slatemenls, the trustees are responsible for assessing the company's ablllty
lo continue as a going concern, disclosing, as applicable, matters related to going concern and uslng
the going Ccsncern basis of a¢¢ounling unless the trustees either intend to liquidate the company or lo
cease opeTalions, or have no realistic alternative bul to do so.
Audltor's re8pon61bllltles for Iho audlt of tho financial statements
Our ob5ectives af8 lo obtaln ￿8$Onable a$surar￿ about whether the financial statements as a whole
ere free from material misstatement, whether due to fraud or error, 8nd10 18sue an auditor's report that
Includes our opinion. Reasonabl8 assurance is a high level of assurance, bul is not a guarantee that
an audlt ￿ndUcted in accordanc8 Wlth ISAS {UKI will 81ways detect 8 materlal mlsstslement when 11
exists. Misslatemenls Gan arl$8 from fraud or error and are considered materlal If, individually or In the
aggreu8le, thgy could reasonably b8 expected to influence the e¢onomSc d8¢lslons of us9rs taken on
the ba81s of these financial statements.
Irregula￿1{8$, Including fraud, are Instances of non-compliance wlth laws and règulations. W8 design
prO￿dureS In Ilne wlth our r¢sponsibS1ities, outlined above, to detect materlal mi$stalem&nts in respect
of irregularftl6s, including fraud. The extent lo which our proGedur8s arè capabb8 of detecting
Irr8gularilles, Including fraud is delalled below,.
Enquiry of man8gem&nt and those Charged with governance around actual and potenllal
litigation and c12ims,
Perfoming audlt work over the risk of management override of controls IncludSng lèstSng of
loumal enlries and other adjustments for appfopriateness, evaluating the buslThess rationale of
slgnificant transactlons outside the normal course of business and reviewlng accounting
e81imates for bias,
Reviewing flnancial statement disclosure ¢he¢kllsl and testing lo fi'nanclal statements 10
assess compliance with applicable laws and regulatlons.
Because of the inhererent limitations of an audit, there is a r¢sk that w8 will not delect all irregularities,
Including th05e leading to a material misslalement In the financlal statements or non compliance with
regulation. This risk increases the more that compliance with a law or transaction is removed fTom the
events and transactions reflected in the financial statements, a5 we will b8 less likely to b8cDme aware
of Instances of non compliance. The risk is also greater regarding irregularities occurring due lo fraud
rather than error, as fraud involves intentional concealment, forgery. collusion, omission or
misrepresentation.
As part of an audit in accordance wilh ISAS IUKI, we exercise professional judgment and malnlaln
professional sceplicism throughout the audit. We also..
Identify and assess the risks of material misstatement of the financial statements, whether due to
fraud or error, design and perform audit procedures responsive to those risks, and obtain audit
11

Richmondshire Building Preservation Trust Ltd
Company Limited by Guarantee
Independent Auditor's Report to the Members of Richmondshire Building
Preservation Trust Ltd (¢ontlnu¢LI)
Year ended 31 March 2024
evidence that is sufficient and approprlats to provide a basis for our opinion. The risk of not
detecting a material mi5slat8ment resultir¢g from fraud is higher than for one resu51ing from error,
as fraud may involve colluslon, forg8ry, Intentional omissions, misrepresentstions, or the override
of internal control.
Obtaln an understanding of internal control relevant to the audit in order lo deslgn audlt
procedures that are appropriate in the circumstances, but not for the purpose of expressing an
oplnlon on the effectlveness of the internal cont¢￿.
Evaluate the appropriateness of accounting pollcl8s used and thé r6ason8bl8ness of accounting
estimates and related disclosures made by the trusteès.
Conclude on the approprlateness of the trustees, use of the going concern basis of accounting
and, based on the audll evidence oblalned, whether a material uncertainty exists related to
events or ¢onditlon$ that may cast significant doubt on the company's ability to continue as a
going Concern. If we conclude that a material uncertainty exists, we 8re required lo draw
attention in our audltor's report to th& related disclosures in the financial statements or, if such
dlsclosures are inadequate, to modlfy our opinion. Our conclusions are based on the audll
evid8nce obtained up to the date of our audilols report. However, future events or cond11ion8
may cause the company lo cease lo conllnue as a going concem.
Evalu8te the ov$rall prestrntalion, structure and content of the flnanclal statements, includlng the
disclosures, and whether the financial statements represent the underlying transactions and
events In a manner that achigves falr presentation.
We communlcale wlth those charg8d with governance regardlng, among other matters, Ihe planned
scope and timing of the audit and signifieanl audit fir¢dings, Including any slgnificant deficien¢Ses I
Internal control that we identify durlng our audit.
U59 of our roport
This report is made solely to the company's mernbers, as a body, In accord8nce with section 144 of
the Charities Act 2011 and regulations made under section 154 of that Act. Our audit work has been
undertaken so that we mlght slate lo the company'5 members those matters we are required to 8t8te
to them in an auditols report and for no otler purpose. To the fullest extent permitted by law. we do
not accept or assume responsiblllty to anyone other than the comparsy and the company's members
a5 a body, for our audit work, for thSs report, or for the opinions we have formed.
Thornas Andrew Atkinson (Senlor Statutory AudSlor)
For and on behalf of
Wm Fortune and Son
Chartered Accountants & statutory audllor
Collingwood House
Church Square
Hartlepool
TS24 7EN
17 September 2024
12

Richmondshire Building Preservation Trust Ltd
Company Llmlted by Guarantee
Consolidated Statement of Financial Actlvltles
(including income and expenditure account)
Year ended 31 March 2024
2024
Restricted
funds Total funds
2023
Unrestricted
funds
Total funds
Nots
Income and endowments
Donations and legacies
Charitable activities
Other trading a¢livities
Investment income
16,856
911,150
1,083,198
6,376
2.017,580
20,000
36,856
911,150
1,083,198
6,376
2,037.580
14,486
673,043
949,084
1,448
1.638,061
Totsl Income
20.000
Expendituro
Expenditure on raising funds..
Costs of raising donations 8nd
legacies
Costs of olh&r trading activili6s
Expenditure on charitable activities
Taxation
4,558
10
944,550
11,12 1,042,733
14
4.558
944,SSO
1,094,268
3,252
795,637
958,775
11,1851
1,756,479
51,535
Tetal expondlturo
1,991,841
51,535
2,043,378
Nèt exp8ndlture and net movement In
fund8
25,739
131,5351
{5,7961 1118,4181
Reconclllatlon of funds
Total funds brought forward
Total funds carrlod forward
376,853
402,592
1,798,968
1,765.433
2,173,821
2,168,025
2,292,239
2,173,821
The statement of financial activities includes all gains and losses recognlsed in the year.
All income and expenditure derive from continuing activitie5.
The notes on pages 17 to 29 form part of thesg financial $tatsmgnts.
13

Richmondshire Building Preservation Trust Ltd
Company Limited by Guarantee
Consolidated Statement of Flnancial Position
31 March 2024
2024
2023
Flxed assets
Tangible fixed assets
Heritage assets
19
237,466
20 1,715,912
1,953,378
247,629
1,767,445
2,015,074
Current assets
Stocks
Debtors
Cash at bank and in hand
22
30
45,787
22,848
353,577
422,192
33,670
19,680
238,849
292,199
Credltor8: amount8 falllng du& wlthln onè year
Not current 0880ts
23
207,545
214,647
2,168,025
2,168,025
133,451
158,748
2,173,822
Total assets less current Ilabllltl88
Net 8668ts
2,173,822
Funds of the ¢harlty
Restricted funds
Unre51riGled funds
1,765.433
402,592
1,796.968
376.853
Total Charlty funds
26 2,168,025
2,173.821
These financlal slalemenls w8ro approved by the board of trustees and authorlsed for Issue on 17
September 2024, and are signtsd on bèhalf of the board by..
Mr S Ibl)otson
Trustee
The notes on pages 17 to 30 forni part of these financial Statèments.
14

Richmondshire Building Preservation Trust Ltd
Company Limited by Guarantee
Consolldated Statement of Cash Flows
Year ended 31 March 2024
2024
2023
Cash flows from operatlng actNities
Net expenditure
15,7961 1118,4181
Adjustments for.
Depreciation of tsngible fixed assets
Depre¢iation of heritage assets
Dividends, interest and rents from investments
Interest payable and similar charges
Taxation
Accrued expensesl(income)
47,050
51,533
16.376)
4,046
44,936
51,535
{1,448)
3,637
{1,185)
110,1441
4,488
Changes in..
Stocks
Trade and other debtors
Trade and other creditors
{12,0971
13,1681
69,606
9,236
4,990
33,324
16,465
Cash generated from operatlons
149,286
Interest pald
Tax received
{4,0461
13,6371
1,185
Net cash from operating a¢llvlll6s
145,240
14,013
C08h flow8 from Investlng actlvltles
Dividends, inleresl and rents from Inve$lmenl$
Purchase of langlble assets
Proceeds from $ale of tanglble assets
Net cash used In investing activities
6,376
136.8891
1,448
173,5391
265
130,5131
171.8281
Net Increa8elldecreasel In Gash and Gash equivalonts
Cash and cash equivalents at beginning ofyear
Cash and Gash equivalents at end of year
114,727
238,849
353,576
{57,8131
296,663
238,850
The nates an pagè# 17 tr1 30 form part of thes• financlal statements.
15

Richmondshire Building Preservation Trust Ltd
Company Limited by Guarantee
Charity Ststement of Financial Position
31 March 2024
2024
2023
Flxed assets
Tangible fixed assets
Heritage assets
221,850
1,715,912
1,937,762
247.629
1.767.445
2,015.074
Current assets
Stocks
Debtors
Cash at bank and in hand
27,581
21,185
304,030
352,796
22,598
20,816
171,719
215,133
Crodltor8: amounts falling due within one year
Net ¢urront 888et8
135,960
216,836
2,154,598
71,058
144,075
2,159,149
Total a8s8ts les8 curront Ilabllltloo
Net assets
2,154,598
2,159,149
Funds of the charlty
Restricted funds
Unreslricled funds
1,765,433
389,165
2,154,598
1,796,968
362.180
2,159,148
Total ¢h4rlty fund8
16

Richmondshire Building Preservatlon Trust Ltd
Company Limitèd by Guarantee
Notes to th8 Financial Statements
Year ended 31 March 2024
General information
The company is a public benefit entity and a private company limited by guarantee, registered in
England and Wales and a registered charity in England and Wales. The address of the
registered office is The Station, Station Yard, Richmond, North Yorkshire, DL10 4LD.
These financial slalemenls have been prepared in compliance with FRS 102, 'The Financial
Reporting Standard applicable in the UK and the Republic of Ireland,. the Slalemenl of
Recommended Practice applicable to charities preparing their accounts in accordance with th8
Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 ICharit18S
SORP IFRS 10211 and the Companie$ Act 2005.
A¢¢ountlng poll¢les
Basls ol preparatlon
The accourls have been prepared on the historical cost basis. The accounts 8re prepared in
sterling which is the functional currency of the entity.
Basls of ConsolSdallon
The ff nanclal statements consolidate the financial 8lat8menls of the charitable company and Its
subsldiary undertaking. Inler-group transacllons, balances and profits are ellmlnated on
consolidallon. The consolidallon is carried out on a Ilne by Ilne b8sI8.
In accordance wllh with section 9 of FRS102 Consolidated and Separate Financial Statements -
RBPT Enterprises Llmited Is a wholly owned 8Lrb$idlary and under control of the charity.
A separate Slalement of Financipl A¢tivSty ISOFAI for the charity Itself 18 not presented as the
charity has taken advantage of the exemption within section 408 of the companies Act 2006.
Golng conc•m
There are no material uncertainties about the charity's ability lo continue. The Charity forecast
and projections after considering possible changes lo income and performance and the potential
impact on the charity, show that the charity should be able to continue to operate for a period of
at least 12 months.
17

Richmondshire Building Preservation Trust Ltd
Company Limited by Guarantee
Note5 to the Flnanclal Statements (COnt￿￿ed)
Year ended 31 March 2024
Accounting policies fcontlnu8d)
Judgements and key sources of estimation uncertainty
Estimates and judgements are continually 8valualed and are based on historical experiences
and other factors, including expoclations of futur8 events that are believed to be reasonable
under the circumstsnce5.
Accounting estimates and assumptions Wlthln the accounts..
The Heritage asset "The StatSon Is valued at Costs IncU￿d, as the trustees deem it would be too
Costly to obtain an independent valuatSon, and are confident there Is ￿levant expertlse wllhln the
trustees to recognise impalrmenls.
Crltlcal 8reas ofludgement:
None.
In¢ome tax
The taxgtion expense represents the aggregate amount of current and deferred tax recogni8ed In
the reporting perlod.
Current tax Is recognised on taxable income or expenditure for the Current and past periods.
Current lax is measLtred at the amounts of tsx expected to pay or recover uslng the lax rates and
laws that have been enacted or substanlively enacted 81 the reporting date.
Deferred tsx Is re¢ognised In respect of all timlng dSfferences at Ihe reporting d8te. Unrelleved
tax losses and other deferred lax assets are recognised to the exlenl that It is probable that they
will be recovered against the reversal of deferred tax Ilabllltles or other future taxable profits.
Deferred tax is measured uslng the tax rates and laws Ihal have been enacted or substantlvely
enacted by the reporting date that are expected to apply to the reversal of the liming difference.
Fund accountlng
Unrestricted fur¢ds are 8vallgble for use at the dlscrellon of the trustees to further any of the
charlly's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or
commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or
through the terms of an appeal, and fall into one of sub-classes.. reslricled income funds or
endowment funds.
18

Richmondshire Building Preservation Trust Ltd
Company Limited by Guarantee
Notes to the Financial Statements (contlnuedj
Year ended 31 March 2024
Accounting policies {contlnu&d)
Incoming re$our¢e$
All incoming resources afe included in the statement of financial activities when entitlement has
passed lo the charity,. it is probable that the economic benefits associated with the transacts'on
will flow to the charity and the amount can be reliably measured. Tre following specific policies
are applled lo particular ¢alegorle$ of Income:
income from donations or grants is recognised when Ihere is evidence of entitlement to the
gift, receipt is probable and ils amount can be measured reliably.
leg8¢y income is recogni$ed when receipt is probable and entitlement is established.
Income from donated goods is me8$ured at the fair value of the goods unless thig is
impractical lo measure reliab5y, in which ¢ase the value is éerived from the cost to the donor
or the eslimaled resale value. Donated facilities and services afe recognised in the
accounts when received if the value Can be rell8bly measured. No amounts are Included for
the ￿￿trIbUtion of general volunteers.
Income from Contracts for the supply of seNlc8s is recognlsed wlth the delivery of the
contracl8d servlce. Thls Is classlfled as unrestricted funds unless there Is a contractual
requirement for11 lo be Spent on a partlcular purpose and returned If unspent, Sn whlch case
It may be regarded as restricted.
ReBourceB expondod
Expenditure is recognised on an accruals basis as a liability 1$ Sncurr8d. Expenditurè includes any
VAT which cannot be fully recovered, and is classifièd undèr hèadings of the statement of
financial activities to which il relates..
expenditure on raising funds includes the costs of all fundraising aclivilie8, everbls,
non-charitable trading activities. and the sale of donated goods.
expendllure on charltsble actlvllles Includes all costs incurred by a ch8rlty In undertaklng
aclivitSes that further Its ¢harilable alms for the benefit of its beneflclarles, Including those
support Costs and ¢osts relating lo the governance of the charlly apportloned to charllable
aclivilies.
other expenditure inGlude5 all expenditure that is neither related to raising funds for the
charity nor part of ils expenditure on charitable a¢tivilies.
All costs are allocated to expendlture cate9or6es reflecllng the use of the resource. Dlrecl costs
attributable to a single activity are allocated directly lo that acllvity. Shared costs are apportloned
be￿een the activities they contribula to on a fftasonable, justifiable and conslslent basls.
Tangible assets
Tangible assets are inilia51y recorded al cost, and subsequently staled at cost less any
accumulated depreciation and impairment losse5. Any tangible assets carried at revalued
amounts are recorded at the fair value at the date of revaluation less any subsequent
accumulated deP￿ClaI10n and subsequent accumulated impairment losses.
19

Richmondshire Building Preservation Trust Ltd
Company Limited by Guarantee
Notes to the Financial Statements (¢ontlnued)
Year ended 31 March 2024
Accountlng pollcle$ (¢oniinued)
Tanglble agsets {¢o*ylln£red)
An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other
recognised gains and losses, unless it reverses a charye for impairment that has previously been
recognised as expenditure within the slalement of financial activitie8. A decrease in the carrying
amount of an asset 8$ a result of revaluation. is recognised in other recognised gains and108ses,
except to which it offsets any previous revaluation gain, in which case the loss is shown withln
other recognised gains and losses on Ihe statement of financial activllles.
Depreclatlon
Deprecialion is c8l¢ulated $0 as to write off the cosl or valuation of an assel, less ils residual
value. over the useful economic life of Ihat asset as follows..
Fixtures and fitting8
Equipment
15tsh reducing balance
20tsh reducing balance
Herltage a88et8
Heritage assets mea8ured under the cost model 8re recognised inltlally re¢orded al acqui51tion
cost, and subsequently 818ted at CQ8t less any accumulated depreclation and Impairment Ios89s.
H8rilage assets measured under the revaluation model are recorded at fair value less any
accumulated impairment losses.
Where information on the cost or value of ars asset is not available and cannot be obtained at
cost which is commensurate with the ber¢efits to users of the financial slalements, the asset shall
not be recognised in the slalement of flnar¢clal posltlon.
Impalrmont of flxod assets
A review for Indlcalors of impairment Is carrlod out at oach reporting date, with the recoverabla
amtsunt b6lng 8slimated where sueh Indicators exist. Wher8 the carryin9 value 8x¢&èds the
recoverable amount. the asset is impaired aecordingly. Prior impairments ar8 a150 reviewed for
possible reversal al each reporting date,
Fof the purposes of impairment testing, when it is not possible lo estimate the reGoverable
amount of an individual asset, an estimate is made of the recoverable amount of the
cash-generating unit to which the asset belongs. The Gash-generaling unil is the smallest
identifiable group of assets that in¢lude$ Ihe asset and generates cash inflows that laryely
Independenl of the cash inflows from other assets or groups of assets.
For impairment tesllng of goodwlll, the goodwlll a¢qulred In a buslness Comblnatlon is, from the
acquisition date, allocated to each of the cash-generatlng unlts that are expected to benefit from
the synergies of the comblnation, Irrespective of whether other assets or Ilabllllles of the
company 8re asslgned to those units.
20

Rlchmondshlre Building Preservation Trust Ltd
Company Limited by Guarantee
Notes to the Flnanclal Statements (contlnuedj
Year ended 31 March 2024
Accountlng pollcles {conUnued)
stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and
sell. Cost includes all costs of purchase, costs of converslon and other costs Incurred In brlnglng
the stock lo its près8nt locatlon and condlllon.
Financial instrumgnts
A financial asset or a financial liability is reGognised only when the company becomes a paty lo
the conlraclual provisions of the instrument.
Basic financial instruments are initially r8¢ognised at thè amunt recèivable or payabl6 Includlng
any related transaction costs.
Current assets and eurrent liablllties ar8 subs8quenlly measured al the cash or other
consideration 6xpèct8d to bè pald or r8celved and not dlscounted.
Debt Inslrum8nts are subs8quenlly measured at amortlsed cost.
Where Investments in shares are publicly traded or th8ir fair value can olherwlsè be measurèd
reliably, the investment is subsequently measured al fair value with changes In falr valuè
recognised in income and expenditure. All other such investments are subsequently measured at
cost less Impairment.
Other financlal Instruments, including derivatives, are ini118lly recognised at fair valuè, unless
payment for 8n asset is deferred beyond norma5 business terms or financed al a rale of inter8sI
that Is not a m8rkel rate, in which case the asset Is measur8d at the present value of the fuluf&
P8yments discounted at a market rale of interest for a similar debt inslrumenl.
other financial instruments are subsequently measured al falr v81ue, with any changes
recognised in the statement of financial activllies. wllh the excepllon of hedging Instruments in a
designated hedging relationship.
Flnanclal assets that are measured at cost or amortised cost are reviewed for objective evldence
of impairment al the end of each reporting dale. If there is objective evidenc8 of impairment. an
Impairment lo$$ is recognised under the appropriate heading in the 5tal8manl of financial
activities in which the initial gain was r6cognlsed.
For all equity instruments regardless of si9nificance, and other financial assets that are
individually significant, these are assessed individually for impairment. Other financial assets are
either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised immediately, to the extent that the reversal does not
result in a carrying amount of the financial asset that exceeds what the carrying amunt would
have been had the impaiment not previously been recognised.
21

Richmondshire Building Preservation Trust Ltd
Company Limited by Guarantee
Notes to the Flnanclal Statements (continued)
Year ended 31 March 2024
Accounting policies fconllnued)
Defined contribution plans
Contrlbutions to deflned contribution plans are recognised as an expense in the period in which
the related service Is provld8d. Prepaid conlribulion5 are recognised as an asset to th8 extent
that the prepayment wlll lead to a r8ductlon In futur8 payments or a cash refund.
When contributions are not expected lo be settled wholly withln 12 n￿nthS of the end of the
reporting dale in which the employees render the related service, the liability is measured on
discounted present value basis. The unwinding of the discount is recognised as an expense in
the period in which it arises.
Llmlted by guarantoa
The Company Is Ilrnlted by guarant88 and do8s not have a share capllal. All members undertake
to contribute such an amount not exceedlng £18$ may be requlred In the ev8nl of the trust being
wound up wilhln one year they ceas& to be a member, for paym8nl of débts and liabilities of the
trust and costs of the winding up.
Donatlon$ and1oga¢l&$
Unreslrlcted
Fund8
Restricted Total Funds
Funds
2024
Grant8
Grants
20,000
20,000
Sub8¢rlptlons
Membershlp
16,856
16,856
16,858
36,856
20,000
Unrèstricted
Funds
Restricted Total Funds
Funds
2023
Grants
Grants
9,500
9,500
Sub$¢riptions
Membership
4,986
14,486
4,986
14,486
22

Richmondshire Building Preservation Trust Ltd
Company Limited by Guarantee
Notes to the Financial Statements (contlnued)
Year ended 31 March 2024
Charitable activities
Unreslricled Total Funds Unreslrfcted Total Funds
Funds
2024
Fund5
2023
The Station
The Shop
The Cinema
322,000
124,780
464,370
911,150
322,000
124,780
464,370
911,150
248,075
106,S92
319,376
673,043
248,075
105,592
319,376
673,043
Other tradlng actlvltles
Unrestricted Total Fund8 UnrestricleLI Total Fund8
Funds
2024
Funds
2023
Fundr81sing events
Other income from other Ir8dlng RBPT
Enterprises Limited
17,986
17,988
11.978
11,978
1,065,212
1,083.198
1.065.212
937,106
949,084
937,106
949,084
1.083.198
Invèstmont Incomo
Unrestricted Total Fund8 Unrestrlcted Totsl Funds
Funds
2024
Funds
2023
Income from cash Investments
6,376
6,376
1,448
1,448
Costs of ral8lng donatlon6 4nd1oga¢l08
Unrestricted Total Fund8 Unrestricted Tol81 Funds
Funds
2024
Funds
2023
Costs of raislng donations and legacies
SubsGriptions
4,558
4,558
3.252
3,252
10. Costs of other tradln9 actlvltles
Unreslrietèd Total Funds un￿strICted Total Funds
Funds
2024
Funds
2023
Costs of other trading activities-
RBPT Enterpri58s Limited
944,550
944,550
795,637
795,637
23

Richmondshire Building Preservation Trust Ltd
Company Limited by Guarantee
Notes to the Financial Statements (¢ontinued)
Year ended 31 March 2024
11. Expendlture on ¢harltsble actlvltlos by fund type
Unrestricted
Funds
Restricted Totsl Funds
Funds
2024
The Station
The Shop
The Cinema
Car park running costs
Gallery costs
New project expenditure
Support costs
389,049
112,981
425,129
69,973
1,711
389,049
112,981
425,129
69,973
1,711
43,890
51,535
51.535
95,425
1,094,268
1,042,733
Unrestrlcled
Funds
Restrlcled Total Funds
Funds
2023
The Slatlon
The Shop
The Cinema
Car park running costs
Gallery costs
Ngw project expendilu
Support costs
312,135
103,071
351,022
58,675
1,235
312,135
103,071
351,022
58,675
1,235
11,095
121.542
11,095
51,535
70.007
896,145
62,630
958.775
12. Expondlturè on eharltablo actlvltlo8 by actlvlty typè
Activities
undertaken
directly Support costs
Total fund$
2024
Tolal fund
2023
The Slatlon
The Shop
The Clnema
Car park running costs
Gallery costs
New prole¢t expenditu
Governance costs
389,049
112,981
425,129
89,973
1,711
91,642
480,691
112,981
425,129
69,973
1,711
430,914
103.071
351.022
58,675
1,233
11,095
2,763
958,775
3,783
95,425
3.783
998,843
1,094,2e8
13. Analysis of support Costs
Analysis of
support Costs Total 2024 Total 2023
General office
100,977
100,977
82,636
24

Richmondshire Building Preservation Trust Ltd
Company Llmlted by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2024
14. Taxation
Major components of tax Income
2024
2023
Current tax:
UK current lax income
11,185}
11,185)
Taxatlon
Reconclliation ol tsx In¢om•
The tax assessed on the expendlture for Ihe year is the same as 2023 the standard rale of
corporallon lax in the UK of 190h12023'. 190hl-
2024
2023
Expendllure before taxation
Expenditure by rate of tsx
15,796) 1119.6031
15.0531
15. Net expendlturfr
Net expendituré is stated aftér charglngl{cr8dllino)'.
2024
2023
Depreciation of tangible fix8d assets
Depreciation of heritag8 assets
47,050
51,533
44,936
51,535
16. Audltors rnmunoratlon
2024
2023
Fe&s payable for the audit of the flnancial statements
3,100
2,400
17. Partlculars of ernployee8
The total $laff costs and employee benefits for the reporting period are analysed as follows..
2024
2023
Wage$ anrj salarles
Social security costs
Employer conlributlDns lo pension plans
Other employee benefits
855,638
29,870
6,715
6,114
898,237
684,281
25,949
5,801
3,137
719,168
25

Richmondshire Building Preservatlon Trust Ltd
Company Limlted by Guarantee
Notes to the Flnanclal Statements (continued)
Year ended 31 March 2024
17. ParticulaTS of employees {contlnued)
The average head count of employees during the year wa5 33 12023.. 33). The average number
of full-lime equivalent employees durin9 the year is analysed as follows..
2024
No.
2023
No.
Number of staff
33
33
No employee received employee benefits of more than £60,000 during the year12023.' NIII.
18. Tru8tee remuneratlon and expense$
No trustee received any remuneration, expenses or other benefi18 during the year ended 31st
March 2023 or for the year ended 31st March 2022.
19. Tanglble flxed as50t8
Flxtures and
fittlngs
Equlpment
Total
Cost
At 1 April 2023
Additions
372,289
36,889
409,178
179,711
552,000
36,889
At 31 March 2024
179,711
588,889
Deprfrclatlon
At 1 April 2023
Charge for the year
At 31 Mar¢h 2024
216,634
33,254
249,888
87,739
13,796
101,535
304,373
47,050
351,423
Carrylng amount
At 31 March 2024
159,290
155,655
78,176
91,972
237.466
At 31 March 2023
247,627
20. Herltagè assets
A charge was placed on the freehold of the property by the Trustees of the National Heritage
Memorial Fund on 27 March 2015.
The Herltage Asset recognlsed is the bulldlng known as The Station" The market value is the
aclu21 costs incurred on the building. An annual charge is made lo the SOFA al 2¥0 per annum.
The charity deem it would not be cost effective to carry out an independent valuation of the
propety.
26

Richmondshire Build ing Preservation Trust Ltd
Company Llmlted by Guarantse
Not8S to the Financlal Statements (¢ontlnued)
Year ended 31 March 2024
20. Heritage assets (contlnued)
Heritage
asset 1
Cost or valuatlon
At 1 Aprll 2023 and 31 March 2024
Accumulated dgpreclatlon
Al 1 April 2023
Charge for the y8ar
At 31 March 2024
2,576,733
{809,288}
{51,533}
{860,821 }
Carrylng arnount
At 31 March 2024
1,715,912
1,767,445
At 31 March 2023
The Heritsge as$et"The Station" 1$ the only heritage asset and is measured at cost.
21. Investment entitles
Subsldlarle8 and other Investment8
Percentage of
Class of share shares held
Sub81dlary undertaklng8
RBPT Enterprises Limited, The Station, Station Yard,
Richmond, North Yorkshire DL10 4LD
Ordlnary
100
22. Stocks
2024
2023
Raw mgteri818
45,767
33,670
23. Crodltors: amounts falllng due wlthln ono y•ar
2024
2023
Trade creditors
Accruals and deferred income
Social security and other tsxes
other creditors
63,009
53,733
88,336
2,467
207,545
25,18S
45,985
62,281
133,451
27

Richmondshire Building Preservation Trust Ltd
Company Llmlted by Guarantee
Notss to the Flnanclal Statements (conttnued)
Yaar ended 31 March 2024
23. Credltors: amounts falllng due wlthln one year (conllnu•dJ
24. Deferrod incom•
2024
2023
Amount deferred in year
17,244
13,984
20. Pens5on6 and other p08t retlrement benefits
Defln8d contrlbutlon plans
Th8 amount recognised In income or expenditure as an expense In relallon lo defined
contribution plans was £6,71512023.' £5,801).
28. Analy816 of charltable funds
Unrostrlcted funds
At
1 April 2023
At
Income Expendlture 31 March 2024
General funds
376,853
376,853
2,017,580 11,991,841)
2,017,580 11,991,841)
402,592
402,592
Al
1 Aprll 2022
At
Income Expendlture 31 March 2023
General funds
432,841
432,641
1,638,081 (1,693,849}
1,638,Q61 11,693,849)
376,853
376.853
28

Richmondshire Build ing Preservation Trust Ltd
Company Llmlted by Guarantse
Notes to the Flnanclal Statements {continuedJ
Yèar ended 31 March 2024
26. Analysls of charltable funds (contlnuedj
Restrlcted fund8
At
51 March 202
1 April 2023
Income Expendlture
Restricted Fund
1,796,968
20,000
151,5351 1,765,433
At
31 March 202
At
1 Aprll 2022
Income Expenditure
Reslrlcted Fund
1,859,598
162,630}
1,796,968
27. Analys18 of not a889ts ￿tween funds
Unreslrlcled
Funds
Restrictéd Total Funds
Funds
2024
Tanglble fixed assets
Herllage assets
Current Assets
Credllors less than 1 yegr
Net a88¢ts
237,466
237.468
1,715,912
422,192
1207.5451
2,168,025
1,715,912
49.521
372,671
1207,5451
402,592
1,765,433
Unrestricted
Funds
Restricted Tolal Funds
Funds
2023
Tangible fixed assets
Heritage assets
Current Assets
Creditors less than 1 year
Net assots
247,629
247,629
1,767,445
292,199
(133,4511
2.173,822
1,767,445
292,199
1133,4511
406,377
1,767,445
The nel assets of the subsidiary RBPT Enl8rpris8s Ltd al 31 st March 2024 were £13,42712023
£14.6731. These comprised currént assets of £69,075 (2023 £79,455) less current li8blll1ies of
£71.26412023 £64.782}.
28. Analysls of changes In net debt
At
At 1 Apr 2023 Cash flows 31 Mar 2024
Cash al bank and in hand
238,849
114,728
353,577
29

Richmondshire Building Preservation Trust Ltd
Company Limited by Guarantse
Notes to the Financial Statements f¢on(Inued)
Year ended 31 March 2024
29. Related parties
The charlty engaged the $eNlces of McLu¢kie Prole¢ts Ltd of which D McLuckie is a director
(Dlreclor of RBPT Enterprises, the amount paid lo MoLuckle Projects was £012023 £3,339). The
charlty engagèd th6 servlces of Purple Creatlve Servlces Ltd of which P Uplon is a director, the
amount pald lo Purple Creative SeNl¢es Ltd was £1,847.40 (2023 £1,389.24). The charity
purchased goods for resal8 from Nlcky Dagnall for £55.50.
30