THE GARDENS OF EASTON LODGE THE GARDENS OF EASTON LODGE PRESERVATION TRUST (A Company Limited by guarantee) REPORT AND FINANCIAL STATEMENTS YEAR ENDING 31" JANUARY 2023 Company No. 4638621 Charity No. 1101442
21 THE GARDENS OF EASTON LODGE PRESERVATION TRusr REPORT OF THE TRUSTEES FOR THE YEAR ENDING 31 JANUARY 2023 CONTErits Pages 3 Trustees Report 9 Independent Examiner's Report 10 Statement of Financial Athwtles 11 Balance Sheet 12 Notes to the accounts
31 THE GARDENS OF EASTON LODGE PRESERVATION TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDING 31 JANUARY 2023 The Trustees are pleased to present their annual Directors. Report together with the financial statements of the charity for the year ending 31 January 2023. which are prepared to meet the requirements for a Directors. Report and Accounts for Companies Act purposes. The financial statements comply with the Charities Act 2011. the Companies Act 2006, the Memorandum and Articles of Association, and Accounting and Reporting by Charities- Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021. ChaTrfs Report Following the restoration of the balustrade in 2021, the signing of the 5 year lease in 2022 and a successful year operationally in 2022, the Trust is now prioritising two further bi8 projects: the provision of wheel chair friendly paths so that disabled users have easier all weather access to the Gardens- and putting paving back in the itslian Garden, We made a start on the path projett in January 2023 and we aim to complete the path to the walled kitchen garden in time for our 23rd April Open Day. The planning for re-paving the ltslian Garden is quite complex, as we are hoping to re-use the original drainage system. This will be the largest restoration project in the history of the Trust and the Trust wlll need to raise funds to add to those available from rcs reserves. We aim to complete the planning by the middle of 2023, to enable fundraising to start and with a view to completing the work over winter 2023124. We would not be able to maintsin, restore and open to the public our historic and well-loved Gardens without our enthusiastic and dedicated volunteers. So. the Trust was delighted that this year the number of volunteers working with us increased again and a record number of volunteers qualified to become Members of the Trust by providing at least 30 hours of volunteer work during the course of the year. The Members have voting rights and thus can hold the Board of the Trust to attount. This will be my last rewrt on the Trusvs performance as l am stepping down from the Trust at the Annual General Meeting In June 2023.1 have been a volunteer for 12 years and a director for 9 years, and I have had a huge amount of pleasure and satisfaction working as a volunteer for our beautiful. romantic Bardens with their fascinating history. I would like to thank the Board and the volunteers for their hard work. dedication and commitment to the Gardens. Our purpose and artfvltles The Trust exists to preserve, conserve and protect the histortc gardens of Easton Lodge and their blodlverslty, for the enjoyment of the public, by: maintaining the gardens, ambience: protecting and renovating the gardens, historic Structures; and enabling access and providing educational opportunities for the public. The Trust aims in doing so to operate effertively and in line with best practlce for small organisations. so that it can devote its reSoUrS to restoration and the improvement of the Gardens. Achlevements and perforniance The weather was the key challenge throughout this year. The snowdrop season was blighted by storms and hea rain, such that the Gardens were open for On two of the four planned snowdrop days. April was a perfett day and then we moved into drought and heat through the summer. er the weekend of0urJu Open Day, the Government issued warnings that people Should stay at home with their curtain5 shuL We are lucky to have lots of shade in the Gardens, so all the stalls were under the trees and sItOrS could dally and enjoy chatting to exhibltors.
41 THE GARDENS OF EASTON LODGE PRESERVATION TRUSf REPORT OF THE TRUSTEES FOR THE YEAR END114G 31 JANUARY 20Z3 The season finished the way it started. as we cancelled the Ortober Open Day due to heavy rain and flooding and then there was the challenge of the deep freeze of the winter. The storms made us appreciate the fragility of some of the oldertrees in the Gardens and we committed to the idea of planting for succession. as well as for adding to the range of trees in the Gardens. So. we planted a Taxodium distichum. swamp cypress. at the l)ottom of the Glade for the Queen's Platinum Jubilee, with other new trees including a Japanese umbrella pine: a Cercis canadensis, Forest Pansy* and some new Mahonias and Acers. In the summer volunteers had to spend huge amounts of time watering the young trees and as many other plants as possible to keep them allve, through the scorching heat. And then in the autumn, fortunately, the volunteers managed to get some mulching done before the extreme cold and frosts hit U5 and then subsequently managed to spread lots more manure too. So, we are starting a new year, Waiti to see rf, and how well, the young trees and shrubs will bounce back Volunteers have now plumbed in lots of additional water butts to make sure we have more water available should it be dry again and the Trust has invested in P1CIng the entrance road so it will not be impassable if it rains. The other big job for our volunteers this year was the cleaning and treating of the treehouse. It is not an easy tasl but our team are resourceful and devised t15 and processes for each part of the task and didn't mind getting wetl In the Glade a team continued to expand and improve the Japanese Style garden and in the walled kitchen garden volunteers, planting in the cut flower border and additional grasses in the rose beds did really well. nicely complementing the showy dahlia border. Across the year as a whole we welcomed 5,938 visitors to the Gardens, up 24% on the 4.801 we welcomed in the previous year. We welcomed 3,317 visitors on open days (including 562 childrenl, an increase of 17% on the number in 2021,. and bigger Increases in visitors on Open Thursdays and for Group Visits. 805 people took the opportunity to Vlsit and see the garden volunteers at work on an Open Thursdays. 1,816 visitors came to the Gardens on organised group vislts or for other activities at the Gardens, including people participating in Helen Rollason Cancer Charity fundraising walks, children and teachers from a local primary school undertaking team-building activities. and extended family groups and friends celebrating big events. Over the year the Trust raised income of £58,205, while total expenditure forthe year was £39.498. So. the Trust ended the year with reserves of £107,584, up from £88.877 at the beginning of the year. These reserves maintain the financial cushion the Trust requires in case of further difficult times ahead and allow the Trust to plan further Garden projects and restoratlon work. Our Volunteers Volunteers run and maintain the Gardens and work wtth Trustees to design developments in the Gardens. They raise plants and tend and prune them; carry out maintenance- run open days and catering for visitors; provide talks and tours,. and work on our Archive and history displays. At the end of the year the Trust had 64 (previous year 561 active volunteers of whom 52 are voting members of the Trust for the coming year139 in 20211221. Over 2022 the volunteers put in 7.468 hours work at the Gardens, 22% up on the previous year16.120).
51 THE GARDENS OF EASTON LODGE PRESERVATION TRUST REPORT OF THE TrusfEES F(kg THE YEAR ENDING 31 JANUARY 2023 Financial Review In 2022123 the Trust raised income of £58,205, with a further rebound to wsitor income on Sunday Open Days and significant Increases in Income from Group Wisits and Open Thursdays. The totsl income also included a significant Increase in Income from our merchandise and produce. Overall, total income was 19% more than the previous year. In 2022123 total expenditure for the year wa5 £39,498, compared to total expenditure of £55.213 in 2021122. including restoration costs of £24.678 for the completion of the balustrade project. Garden expenses were up by IO% compared to the previous year, in part due to the costs of new tree planting and the maintenance of the treehouse. and infrastructure costs largely related to the work on the new roadway into the Gardens. Administratlon Costs and overheads in 2022123 were £14.693. which is around 24% of total expendlture, excludlng depreclatlon of rixed assets. So, the net result for the year was that the Trust added £18,707 to tts reserves. Reserves pollcy and 8oln8 concern The Trust retsins cash reserves to bridge the gap between spending and the receiving of income; in case of loss of income due to poor weather or other circumstances affecting the Trust's abilty to raise income; and to cover unplanned emergency repairs and other expenditure. Over the covid pandemic period the reserves allowed the Trust to continue work and the balustrade restoratlon project. even when It was clear that income would be seriously disrLSPted by the impart of the pandemic. And in this year the Trust might have expected significantly higher Gate receipts if it had not had to close the Gardens for two of the snowdrop Open Days and for the Ortober Open Dav. As at 31 January 2022, the Trust had Gish of £95.485 in the bank and deposit accounts, as Set out in Note 20. The current reserves are sufficient to maintain the financial cushion of £20,IXIO that the Trust considers it needs to cover running costs in the event of a serious shortfall in income in the year ahead. The Trust has been working on its plans for further Garden projects and restoration work. The Trust leases the Gardens from Landset, with the current 5 year lease running to 28 February 2027. Given the Trusvs reserves and the lease running to 2027, the Trustees are of the view that the Trust is a going concern. Plans tor fvture perlods The Trust alms to continue focusing on the short-term protertion and restoration of the gardens, while seeking to secure the long-term future for the Gardens at the centre of the local community and as a regionally valued visitor attrattion. The Trust's plans for 2023 include significant garden jobs. clearing and planting a long neglected corner of the Gardens. clearing the rlll In the Glade and investment in new paths to improve accessibility within the Gardens and paving in the Italian Garden. A new mower is on order too. Reference and admlnlstrative details Charity number: Company number: Registered Office: 1101442 4638621 CIO 59 Hailes Wood, Elsenham, Bishop's Stortford. CM22 60Q
61 THE GARDENS OF EAsfoN LODGE PRESERVATION TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDING 31 JANUARY 2023 Ir advlsers Bankers Independent Examiner Barclays Bank Rosolind Rowe FC4 I Churchill Pla. London £14 5HP Dlrertors and Trustees The Direttors of the charitable tompany Ithe charity) are its Trustees for the purpose of charfty law. The Trustees and officers serving during the year and since the year end were as folbws-. Key management personnel The Gardens of Easton Lodge Preser¥atlon Trust: Trustee5 and Dlrertors R OREVER- CHAIR- Resigned with effert from 22. June 2023. C DEAN SGILBERT J GOLDSMITH- TREASUIIER E GARDINER P KEEYS- Appointed i June 2022 Strurture, Governano and Management Governln8 Document The Gardens of Easton Lodge Preservation Trust is a company limited by guarantee by its Memorandum and Articles of Association dated l December 2002, and was incorporated on 16 January 2CK¢3. It is registered as a charity with the Charity Commission. Appolntment of Trustees Under the Articles of Association. there must be a minimum of three Trustees (Directors). who are elerted to the post at the AGM or can be COpted by the Trustees mid-year to fill a vacancy, subject to elertion at the next AGM. Trustees serve for a 3 year period before submitting for relection. Angu5 Drever has given notice of his intention to step away from the Trust with effect from the Annual General Meeting in June 2023. The remaining 5 Trustees have indicated they are content to be re-elerted at the June 2023 Annual General Meeting and in the first instance intend to mLite the role of Chair of the Trust. Rlsk Management The Trust has two groups to oversee its operation and report back to the Trust for decision5 on policy and key risks. The Garden Management Committee IGMCI is resnsIble for overseeing delegated plans and budgets for the day- to-day maintenance of the Gardens, in line with the Trusys Busine55 Plan. Budget and Financial Procedures. During the year it has overseen spending and progress on garden maintenance." open days and group visits. including catering,. and health and safety. The GMC is chaired by a Trustee and has a minimum of two other Trustees as members. The Governance Group IGGI is responsible for reviewing aspects of the Governance of the Trust, to ensure it remains in line with best practice for charities and small companies. During the year the Group has continued to revlew the risks to the TrusY5 business. The GG is chaired by a Trustee and has a minimum of two other Trustees a5 members.
71 THE GARDENS OF EASTOPI LODGE PRESERVATION TRusr REPORT OF THE TRUSTEES FOR THE YEAR ENDING 31 JANUARY 2023 The short tem of the Trusys lease of the Gardens from Landsec continues to be a risk around its renewal and a long- term risk for the Trust, so the Trust welcomed Landseds declslon to agree a 5 year lease to 2027. Aside from this, the Trust's planning and risk management focuses on short-temi operational risks to its tore mission of restoring the Gardens for the enjoyment of the public The Trust's key short-term risks and new mitigations are as follows.. Opening on Thursdays through the season enables rnore people to enjoy the Gardens, but this year also illustrated the value of this for spreading the risk to revenue from poor weather on Sundays. Likewise, this year we appreoated the value of the work of our volunteer providing tslks aut the Gardens and generating interest in Group Wisits. Large old trees can always be a safety risk and the Trust has clear policy regarding the need to close the Gardens when high winds are forecast. Unfortunatety the storms in February 2022 brought down trees and big boughs. Landsec arranged for tree surgeons to assess the work needed early in the year, but unfortunatety this work was not undertaken until January 2023. In the meantime, the Trust assessed the risk from hanging branches before every open day and taped off the areas where there could be a risk to the public and volunteers. Key roles and volunteers are critical to the Trust and at the end of this year our Catering sUpeI50r retired. The Trust is conscious that some roles. induding that of Catering SupeNisor, can be very demanding. Where possible the Trust seeks to share work and look for alternative approathes to reduce demands on individual volunteers, for example now using the services of a cleoner. Trustees, responslbllities in relation to the ftnancial statements The charity Trustees are responsible for preparing a Trustees. annual report and financial statements in accordan with applicable law and United Kingdom Accounting Standard5 (United Kingdom Generally Accepted Accountir¢g practi). Company law requires charity Trustee5 to prepare financial statements for eath year which gNe a true and fair view of the state of affairs of the charitable company. As required. in preparing the financial statements. the Trustees- Select suitable accounting policies and then apply them consistently: Observe the method5 and princlples in the Charities SORP. Make judgements and estimates that are reasonable and prudent; State whether applicable UK accounting standards have been followed. subject to any material departures disclosed and explained in the financial ststements- ppare the flnancial statements on the going conrn basis unless it is inappropriate to presume the charity will continue in business. The Trustees are responslble for keeping proper accounting records that disclose with reasonable accuracy at any time the financial wsfcion of the char5ty and to enable them to ensure that the financial statements comply with the Companies Art 2006. They are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities. In so far as the Trustees are aware at the time of approving thelr annual rewrt: There is no relevant financial information of which the compan*s independent examiner is unaware- and
8 | THE GARDENS OF EASTON LODGE PRESERVATION TRUST REPORT OF THE TrUSTEES FOR THE YEAR ENDING 31 JANUARY 2023 The Trustees have tsken all the steps that they ought to have tsken to make themselves aware of any relevant financlal Information and to establish that the Indepermlent examiner is aware of that information. SMALL COMPANY EXEMPTIONS In preparing this report, the Trustees have tsken advantsge of the sm311 companie< exemptions provided by section 415A of the Companies Act 2CM)6. This report was approved by the Board of Trustees on l June 2023 and signed on their behalf. RAS DREVER EIL J% L-- ? CHAIR OF TRUSTEES
91 THE GARDENS OF EASTON LODGE PRESERVATION TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDING 31 JANUARY 2023 INDEPENDENT EXAMINER'S REPORT Independent Examinerf5 Report to the Members of the Gardens of Easton Lodge Preservation Trust for the Year Ended 31" January 2023 I report to the trustees on my examination of the accounts of the above charitable company for the year ended 31 January 2023 whlch are set out on pages 9 to 16. Responsibilitles and basls of report As the Charitys trustees, you are responsible for the preparation of the accounts in atcordance with the requirements of the Charities Act 20111.the Arf). I report in respect of my examination of the Trusys accounts carried out under section 145 of the 2011 Act and in carrying out my examination. I have followed a15 the applicable directions given by the Charity Commission under section 14515llbl of the Act. Independent Examlnerfs Statement. I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect: The accounting records were not kept in accordance with section 130 of the Charities Act- or The accounts did not accord with the accounting record5; or The accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities Regulations 2(X)8 other than any requirement that the accounts give a "true and fai view which is not a matter considered as part of an independent examination. I have no concems and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Rosalind Rowe FCA Independent Examiner ela
10 I THE GARDENS OF EASTON LODGE PRESERVATION TRU REPORT OF THE TRUSTEES FOR THE YEAR ENDING 31 JANUARY 2023 STATEMENT OF FINANCIAL ACTIVITIES (indudlng the income and expendltrjre accountl FOR THE YEAR ENDED 31" JANUARY 2023 Note Unrestrlcted Restrkted Totsl Funds Total Funds Income Income 20W23 2022123 2021122 INCOME Income from generated funds 14 7.647 7.647 4162 Donatlons 13 Grants 5.515 Investment Income 105 105 70 Income from charltable activities 12 41W7 417 29,530 Totsl Income 58205 58205 49,011 EXPENDITURE Cost of raising funds li Charitable activities 232(Xl 23200 37,790 Overheads io 14.693 14.693 16.963 Totsl Expenditure 39,498 39A98 55,213 Net Income/lExpenditure) and net movement In funds for the year 18.707 (6.202) Recondllatlon of funds Totsl funds brought ft>rward at 1° February 2022 s87 95,079 rotsl funds carried fonmard as at 31 January Z023 107 88,877 The statement of financial activities includes all gains and losses recognised in the year. All Income and expenditure derive from continuing activities.
11 I THE GARDENS OF EASTON LODGE PRESERVAT1014 TRUST REPORT OF THE TRusfEES FOR THE YEAR ENDING 31 JANUARY 2023 BALANCE SHEET FOR THE YEAR ENDED 31- JANUARY 2013 Note Vnrestrlrted Funds At 311t January 2023 At 31°January 2022 Fixed Tangible Assets oio Current Assets Stock 2,074 2.714 Debtors. Prepayments & accrued income 8.236 Cash at bank and in hand 95.485 76578 Less Creditors Amounts falling due within one year 19 221 286 Net Current Assets 105,574 8170 Total Net Assets lo74 Financed by: Unrestricted Funds 107W4 88,877 Restrirted Funds For the year ending 31" January 2023 the company entitled to exemption from audbt under section 477 of the Companles Act 2006 relating to small companies. The membets have not required the company to obtain an audlt of Its accounts Fn accordance wlth sectlon 476 of the Companies Act 2LK)6. The TruSteeslDrettOrS acknowledge their reSnSIbIlItIeS for complylng with the requlrements of the Act wlth respett to accounting records and the preparation of accounts These accounts have been prepared in accordan wth the provisions applicable to ccrfnpanies subjert to the small companies, regime and in accordance with FR5102 SORP. Thè 3ccounts were approved by the Board of Tnjstees on l June 2023 RAS DREVER, CHAIR OF TRusfEES
121 THE GARDENS OF EASTON LODGE PRESERVATION TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDING 31 JANUARY 2023 NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31STJANUARY 2023 I. ACCOUNTING POLICIES la. Basls of preparatlon The financlal statements have been prepared in accordance with kcounting and Reporting by charities- Ststement of Recommended Prartice applicable to charities preparing their accounts in accordance with the Financial Reportlng Standard applicable in the UK and Republlc of Ireland IFRS1021 issued on 16 July 2014 and with the Financial Reporting Standard applicable in the UK and republic of Ireland {FRS1021 The Gardens of Easton Lodge Preservation Trust meets the definition of a public benefit enttty under FRS 102. Assets and liabilities are initially recognised at historical cost or transartion value unless otheise stated in the relevant accounting policy notelsl. Ib. Preparatlon of the accounts on a going concern basis The Trustees are of the view that given the Tru5Ys reserves position and the ongoing lease of the land, the charity is a going concern. Ic. Incoming re50urtes All incoming resources are included in the Ststement of Financial Activities when the charity is legally entitled to the Income and the amount can be measured reliablv. Income tax recoverable in relatlon to donations received under gift aid is recognised at the time of the donation. Id. Volunteer help In accordance with the charities SORP IFRS1021. volunteer time is not recognised. The Trustees, annual report provides more infomiation about volunteer< vital contribution to the work of the Trust. le. Interest Receivable Interest on funds held on deposit 15 included when receivable and the amount can be measured reliably by the charity: this is normally upon notification of the interest paid or payable by the bank. If. St¢xks and Work In progre$5 Stocks held for sale are measured at the lower of cost or net realisable value. 18. Resources expended Expenditure is recognised once there is a legal or mn5tmctr¥e obllgation to make a payment to a third party. it Is probable that settlement will be required. and the amount of the obligation can be measured reliably. All resour$ expended are inclusive of VAT which is irrecoverable. Ih. Tanglble Ilxed assets Fixed assets are shown at historical cost less depreciation. Depreclation is provided at an annual rate of 20% on rtureS and ffttings in order to write off each asset over its estimated useful life by the straight- line method. 11. Debtors Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
131 THE GARDENS OF EASTON LODGE PRESERVATION TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENOING 31 JANUARY 2023 Ik. Credttor5 and prov15ions Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due. 1.1 Grant5 and Donations Grants and donations are only included in the SOFA when the general irKorre recognition crlterla are met {5.10 to 5.12 FR5102 SORPI 2. Legal Status of the Trust The Trust is a company limited by guarantee and has no share capital. In the event of the charity being wound up. the liability in respect of the guarantee is limited to £1 per member of the charity. 3. STAFF COSTS The Trust had no employees during 2021122 and 2022123 GOVERNANCE COSTS Totsl 2022123 Total 2021122 Independent Examination fee The Independent Examiner made no charge to the Trust for examination of the 2022123 and the 2021122 accounts. 5. MOVEMENT ON FUNDS Unrestrirted Restricted Opening Balan¢e at 151 Febrnary 2022 Net income 88.877 18.707 Transfer between funds Closlng Balance at 31"January 2023 107.584 6. STOCKS The total stock held for resale is £2.074 which Is valued at cost, as this is lower than net realisable value.
141 THE GARDENS OF EASTON LODGE PRESERVATIOP4 TRUST REpoKf OF THE TRUSTEES FOR THE YEAR ENDING 31 JANUARY 2023 8. TANGIBLE FIXED ASSETS At Cost At I" February 2022 Additions during 2022123 Disposals 67,643 67,643 Depreclation At 1° February 2022 For the year 2022123 Disposals At 31st January 2023 60,436 5,197 65,633 14et Book Value At 1st February 2022 7,207 At 31" January 2023 2.010 Represented by: Accumulated Depreciation Net Bookvalue At 31" January 2023 Portable Toilet Units Tea Pavilion Archive Building Treehouse Lawn Mower Elephant statue Gazebo 5,976 7.719 5.976 7.719 38.707 38,707 1,550 2347 I,iio 900 1,447 9. EXPE14DITURE ON CHARITABLE ACTtvmES Total Restricted 2022123 Totsl Unrestricted 2022123 Total 2021122 Open Day Event Expenses Catering Servicir¢g of toilets Garden expenses Restoration expenses Infrastrutture Projects Garden grass and yew cutting Banners & signs 740 4,952 2,076 4,811 877 2,856 1,681 4,353 24,678 6830 2.802 989 405 23,200 37,790
151 THE GARDENS OF EASTON LO[E PRESERVATION TRiJST REPORT OF THE TrUStEES FOR THE YEAR ENDING 31 JANUARY 2023 10. EXPENDITURE ON OVERHEADS Total 2022123 Total 2021122 Trust Admlnlstrative servi$ Trust/Volunteer costs Training Printing, postage & ststionery Computer and Website costs Subscriptions Annual return fee Insurance Tea and Archive building tosts Fire Extinguisher maintenance Professional fees Telephone Cleaning First Aid Depreciation Bank charges 2,971 2,578 1.309 912 182 145 364 13 2,LlJ2 29 851 437 870 399 13 2.073 217 102 io 122 173 76 52 185 8.958 158 16.963 5,197 257 14.693 11. EXPENDITURE ON FUND GENERATION 2021123 Total 2022123 Z021122 Total 2021122 Opening stock Purchase of sales merchandise Closing stock Cost of Merchandise Commission Fundraising Event Expenses 2,714 965 12,0741 3.060 25 12,7141 1,605 371 89 1.605
161 THE GARDENS OF EASTON LODGE PRESERVATION TRUST REPORT OF THE TRusfEES FOR THE YEAR ENDING 31 JANUARY 2023 12. INCOME FROM CHARITABLE ACTivmES Totsl restrirted funds 2022123 Total unrestrlrted funds 2022123 Total 202V2Z Admission charges Group visits Guided tours Season Tickets Catering Talks TOTAL INCOME FROM CHARrrABLE AcnvmES 18,177 8.897 45 825 11,310 2,593 41,847 15,457 3.730 974 8.159 1,210 29,530 13. INCOME FROM DONATIONS Total restrfrted fvnds 2022123 Totsl unrestrkted Total 2022123 nd5 2022123 Total 2021122 Donations Easy fundraising Gift aid recovery TOTAL INCOME FROM DONATIONS 1,7LXI 41 1,700 41 9,052 682 9,734 14. INCOME FROM FUND GENERATION Total reslrirted funds 2022123 Totsl unStrICted funds 2022123 Total 202112022 Merchandise Stallholders Produce Garden guides Friends Membership Fund Roising Event Income TOTAL INCOME FROM FUND GENERATION 2.821 653 2,777 1.041 355 1,525 452 966 934 285 7.647 4,162 15. NET INCOME/(EXPENDITURE) FOR THE YEAR 202V23 202V22 Thls Is stated after Chary1. Depreciation 5,197 8,958 16. TAXAT1014 The charitable company Is exempt from taxation under s505 Income and Corporation Taxes Art 1988.
171 THE GARDENS OF EASTON LODGE PRESERVATION TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDING 31 JANUARY 2023 17. TRUSTEES, EXPENSES The Trustees neither reIVed nor waFved any emoluments during the year12021122- Nil) The trustee's expenses paid for in the year were Nil12021122- Nil) 18. DEBTORS 2022123 ZOZi122 Prepayments Accrued grant 2.236 2.664 8,236 2,664 19. CREDITORS: amount fallia due wlthln one year 20ZI/22 Tde creditors A¢cruals 221 286 221 286 20. Analy5 of group net assets between fwds Unrestrfrted Restrlrted Totsl Fund fund nd 2022123 Total Fund 202V22 Tangible fixed assets Cash at bank and in hand Other net current assets/lliabilitiesl Stock 2,010 95,485 8.015 2,010 95,485 s15 7207 76,578 2,378 2,074 2.074 2.714 Total 107.584 107,584 88A77