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 2024 Company No. 4638621 Charity No. 1101442
I THE GARDENS OF EAsfoN LODGE PRESERVATION TRU REPORT OF THE TRusfEES FOR THE YEAR ENDING 31 JANIIARY 2024 CONTENTS Pages 3 Trustees Report 9 1lldepnt Examiner's Report io statement of Financial Activities 11 Balance Sl)ett 12 Notes to the accounts
31 THE GARDENS OF EAsfoN LODGE PRESERVATION TRUST REPORT OF THE TRusfEES FOR THE YEAR ENDING 31 JANUARY 2024 The Trustees are pleased to present their annual Directorf Reporttogetherwith the financial statements of the charity for the year endin8 31" January 2024. which are prepared to meet the requirements for a Directors, Report and Accounts for Companbes Act purpose& The financial statements compty wth the Cthartbes Act 2011, the Companies Act 26. the Memorandum and Arkncles of A%sociation, and Accounting and RertIng by Charities: Statement of Recommended Practice appllcable to charities preparing their accounts in accordance with the Financtal Reporting Standard applicable in the UK and Republic of Ireland IFRS 102). The Trustees are pleased to present thelr annual Directors, Rert tO8ether with the financial stements of the charty forthe year ending 31°January 2024, wthich a prepared to Meet the quIreMerrtS for a Direttors, Report and Accounts for Companies Art purposes. The financial statements comply wlth the (harftles Act 2011. the Companies Act 2W6, the Memorandum and Arttcles of Association, aftd Accounting and Reporting by Chartties.. Statement of Recommended Prattice appllcable to tharities prepartng their attounts in aCcOrdar with the Finanoal Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. Chairfs Report I have had the prNilege of acting as Chair slnce ourfomier Chair stepped down In June 2023 and l am pleased to say that the Trust has continued to operate effectivety and has had a good finanoal year. During the year we completed the second phase of the path projert and the third phase was completed just after the end of the financial year. In time for the February 2024 snowdrop season. Our contractors did a fantastic job. so that the path now weaves from the entrance through to DaisVs and theR joins Ltp with the rest of the path. Unfortunatety few vrsitors got to appreciate Ft in s?r0p season as we had to cancel most of the Open Days because the Gardens and car park were waterlogged. with stsnding water in places we have never had it before. We have made less progress on the second of our major projects: the planning for re-pavfingthe ttèlian Garden. The heavy wirrter ralns this year have shown us h(Ni important drainage is and we are still working to decide our preferred solution. We are working further on the planniry and approvals required byt may not athieve our initlal aim and it is t rKJW Ilkely to be completed until 202512& The Trust and our volunteers t in the fart that we are a vOluntr run Org3nt)n. Our visitors often remark that this 8ivesthe Garden5 a very131 feel. leavAn8 lovefy comments about the arnaing amount ofgardenin8 work done, the fasdnating htstory of the Gardens they learned from our friendty Volunteers and enjoying the delicious homemade cake Our purpose and The Tnjst exists to preserve. conserve and protert the historic garder of Easton Lodge and their bK•diverstty, for the enjoyment of the public, by: maintainrng the gardens. ambience," protecting and renovating the gar(lens' historic strurtures; and enabling access and providing educational opportunitie5 for thepublic The Trust aims in doing 50 to operate effettivety and in line wtth best prartice for small organisations. so that it can devote its resourcesto restoration and the Improvement of the Gardens.
41 THE GARDENS OF EAsfoN LODGE PRESERVATIOP4 TRusr REPORT OF THE 7RU5tEE5 FOR THE YEAR ENDING 31 JA14UARY 2024 Despite indifferent weather. the Gardens have ix)und back from the drought in summer 2022 and the hard wirrter of 2022123. Volunteers have made good wlth a lot of new F4antln& of shnjbs. trees, perennials and bulbs and have worked hard to maintain all the main garden aa5. The tulips started the season in the Italian garden with a blast of colour then the Yuccas an exceptional flowering year. and the Helenium. Symphyotrichum and r05e5 kept the colour going right to the end of the year. The walled kitdn garden produced an abundance of soft fruit and ve8etables and its roses, flower borders and dahlia border were a delight. We spruced up the front of the Gardens to improve wsitors. first impression& And the ne4¥ plantlng continued into the autumn with more bulbs: a new fern rill. to replace the flint rill whith never quite worked. and shrubs in new beds on the western ed8e of the Garden. now known as Wafwick c4)mer. At the beginning of the financial year we had a good snowdrop season. setting us up well for the rest of the year. In April, our first everTudor Day was weL urffortunately. but the Merrie Folke made the best of It. with fantastic costumes and a lovely range of activitses for visitor5 and they a retuming in June 2024. Across the rest of the year Open Day visltors enjoyed the nature actiwties. live music, 8ames on the uoquet lawn, craft and food stslls and interesti9 traits in the Gtade. Open Thursdays continued to work well for us, givi Wsitors the opportunity to vL8it mid-week and allowing our volunteers to talk to them aboLrt what makes the Gardens suth a special Pla to be. We also made the m05t of being able to sell vegetables from the walled kitchen garden. both at our Open Days and, at the height of the season. at the Fam)ers' Market at Little Easton Manor. We made record income from this. In the aurnn we reflerted on our apwoach and have bought seed to improve upon this record. weattw permitting. Across the year as a whole we welcomed 6.142 visitors to the Gardens, up 3% on the 5,938 vlsrtors in the previous year. We welc¢)med 4,139 wsitors on open days {induding 616 children). an increase of 25% on the number in 2022. The were 854 visitors on Open Thursdays lan increase of 6% on 20221 and 1,149 visitors came to the Garderts on organised group visits or for other artivities at the Gardens. including lots of U3A and gardentng groups, people participating in Helen Rollason Cancer Charwty fundralsing walks. children and teachers from two local primary schools and a vintage car club stopped at the Gardens for lunth on a day out. Our talk about the Countess of Warwick and her Gar(lens continued to be popular presented to 47 8roups, local and further afteld. and wlth attendance by 1,826 peopl& We also w&ented the history ofthe Garkn at the Counte55 of Warwick Show. Over the year the Trust rad income of £72.457. while totsl expenditure for the year was £57.286. So. the Trust ended the year wlth reserves of £122,755. up from £107.584 at the beginning of the year. The ¢05t of the third phase of the path projett fell in February, immediately afterthe year end. The value of maintslnlng reserves was demonstrated in February 2024 when we had to cancd the Snowdrop Open Days but we could nethelesS look forward to proceeding with the TS5 plans for further Garden projects and restoratton work. Our Volunteers Volunteers run and mairrtain the Gardens and work with Trustees to (Jesign developments in the Gardens. They raise plants and tend and prulle them: carry out maintenance: run open days and provide catering for vi5Ftors,' give talks and tours,. and work on our Archive and history displays. We are lucky to have a lot of active and committed volunteers. with skills and ener8y to offer to the Garder6. This year we had 84 volunteers contributing to the work oftheTwst. who put in 8,038 hour5 work at the Gardens, 8% up on the previous year {7,4681. At the end of the yearthe Trust had 67 active volunteers (previous year 641. For
51 THE GARDENS OF EAsfoN LODGE PRESERVATION TRUST REPORT OF THE TRU5fEES FOR THE YEAR ENDING 31 JANUARY 2024 2024125. 41 volunteers will be voting members of the Trust. down from the 54 Members in 2022123. but a good number for holding the Board to account and to contribute ideas for the fvture direction of the Trust. Financial RleW In 2023124 the Trust raised Income of £72.457. with increases in income from openingthe Gardens and caterln& donations, merchandise and prode. Overall, totsl Income was 24% more than the pvIOuS year. In 2023124 total expendtture forthe year was £57.286. compared to totsl expenditure of £39,498 in 202V23. The Trust invested heavlly in the second phase of the path projett. taking the cost of infra5tru¢ture projects this yearto £16,230. Garden expenses were also up significantly. ThÈs induded spending on plants to ace those which were killed in the hard winter of 2022123 and on new trees and shmbs to enhance the Gardens. It also included spendin8 oll a new pump fortaklng water from the well. We also took delNery of a new ride-on mower. which has been really helpful additton to our equipment. for example savÈng labour on leaf colletting in the autumn and allowing volunteers to complete additional clearance projerts this year. Administration costs and overheads in 2023124, excluding depreciation of fixed assets. were £13,540, whith is around 24% of total expendÉture. This 15 similar to the level in the previoys year. desplte the Trtst drawin8 on additional administrative seThlce5, to refresh the website and to re(luce some burden on T. The net result for the year was thattheTrust added £15.171 to its reserves. ReseNes policy and 81)wig t¢¢rn When the Trust adds to Èts cash reserves this it in a strong position to plan future big projects. The Trust also needs some reseNes to bridge the gap between spending and the receiwng of income: in case of loss of Income due to poor w>her or other cirajmstances affeCtithe TmsV5 ability to raise income; and to cover unplanned emergenry repalrs arKI other expen(Itture. This yearthe Trust did not need to close the Gardens due to adverse weather condttiorts. at 31 January 2024. the Trust had cash of £103,470 in the bank and deposit accounts, as set {t in Note 19. The th>rd phase of the paths project needed to be paid for after the end of the year and the Trusys business has taken a hit after the end of the year. when the Trustees had to cancel three of the snowdrop open days due to the water10gn8 in the Garden> After tsklng èccount of these errtS after the year end, the current reserves rna1n sufficient to go into the rest of the 2024 season with the financial cushion of £20.000 that the Trust considers it needs to cover rnnning COSES in the event of a further serious shortfall In income in the year ahead. SO the Trust is carryin8 on workin8 on its plans forfvrther Garden projects and restoration wo The Trust leases the Gardens from Landsec. with the current 5 year lease runnir% to 28 February 2027. Given the Trusys reser and the lease running to 2027, the Trustees are of the View that the Trust is a 80inB concem. The Trust alms to continue focusing on the short-temi protection and restoration of the gardens. while seeklrgto secure the long-temi futu for the Gardens at the centre of the local cornmunity and as a regionally valued visitor attrartjon. The Trusvs plarL5 for 2024 indude work on the project to re-pave the Italian 8arden, further Investment to extend the Japanese style garden at the bottom of the Glade and planti MO trees. bulbs. penn131$ and shrubs. Charity number.. Company number: Reglstered Office.. 1101442 4638621 59. Hailes Wood, Efsenham. Essex. CM22 6DQ
61 THE GARDENS OF EAM LODGE PRESERVATIOP4 TRusr REPORT OFTHE TRusfEES FOR THE YEAR ENDING 31 JANUARY 2024 Our thisers Bankers Independent Examiner Dlrectors and Trustees The Directors of the charitable company Ithe charity) are ItsTrustees for the purpose of charity law. The Trustees and officers serving during the year and stnce the year end were as follows: Bardays Bank RÈchard Corby I Churthill Place. London E14 5HP R DREVER- CHAIR- Re5grd with effect from 22 June 2023. C DEAN S GILBERT J GOLDSMrrH - ACTING CHAIR E GAROINER P KEEYS Structure, Governance zod Managwnent Governing 00ment The Garden5 of Easton Lodge Preservation Trust is a company limited by guararrtee by its Memorandum and Articles of Association dated l Dember 2002. and was incorwrated on 16January 2003. It is registered as a charlty with the Charity Commission. Appolntment of Tn Under the Artides of Associatiortr. the must be a minimum of three Trustees (Directors). who are eletted to the post at the AGM or can be co-optetl bythe Trustees mÉd-year to fill a vacancy. Subject to election at the next AGM. Trustees serve for 8 3 year period before submitting for re-election. There are currently five Trustees and the Trust Is still attively lookirq for additlonal Trustees. Risk Mana8ement Given the Trusys purpose to preserve, conserve and wotert the historic Garde is for the long-temi. a key risk for the Trust 15 its own sustainabilrty. The financial success of the Trust and its solid volunteer base are essential for its sustsinability. But, in the last year the Tnjst has not succeeded in finding and indurting additional Trustees to its Board, to allow for new Ideas and succession. TheTrust h&5 reshaped its meeti[. to focus its efftirts on managing rts business. The Trust has taken ba(k to rts Board the key role for overseeing corporate risks, and wound up its Governan Group. Where particulargovemancetasks require, the Trust holds additional meetings of its Board or sets up special task groups. Forthe coming yeèrthe retruitment of additw)nal Trustees will remain a key priority- spreading the word amongst volunteers, visitors and Friends of the Ganlens and potentially advertising as well. The Trusys short-tenr rt5k management focuses on delivery of FKojects and rnaintatnirvathe Gardens and makin8 them avaÉlable for the enjoyment of the pubtic. The Tnjst delegates day-to-day pOnsIbIlIty to the Garden Man3gement Committee IGMCI for overseeing and deliverirg delegated plarts and budgets forthe maintenance of the Garden5, in line with the Trusvs Busine55 Plan, Budget and Financtal Procedures. Duringthe year the GMC ha5 overseen spendSng and progress on garden maintenance: open days and group sits, including caterin& and heah and safety. The GMC is thaired by a Trustee and has a minimum oftsvo other Tree$ as members, as well as a number of 8ar(iening and maintenance volunteers. The Trusvs key short-tem) risk% and new mibgatKJrs are as follow&"
71 THE GARDENS OF EASTON LODGE PIIESERVATION TRusr REPORT OFTHE TRusfEES FOR THE YEAR ENDING 31 JANUARY 2024 The beauty and tranquillTty of the Gardens are always at risk from extemal factors. Induding the weather. year we did not experien drought. thankfulty. we nonetheless tnvested In better water storage and managementfor future benefit. Our drive to plart additional trees and shrubs is also threatened by wildlife, which is Increasing being displaced housing tlevelopment in the local area. To mitlgate thts threat, we have had to protect new plantings arKI hope we will able to remove the wire fencÈng once the plants are established. There is an inherent risk to income, Irom the weather and competEth)n reduang the number of visitors to the Gardens. Visitor numbers increase(l again thks year. but a still 7% below the peak athleved before the covid pandemic. The Trust maintains good management infomation to keep thls risk under cOrtant revlew. For 2024 the Trust decided it would not increase prices to ensure that people can afford to visit the Gardens and that it would instead focus on the visitor offer for Sunday Open Days and pybllaty to try and Increase visitors numbers further. Key roles and volunteers are critical to the Trusvs operation and through 2023 we worked at spreading swnsibilities and buildFn8 teams to share the load, in parttcular on caterin& but also on tour guiding and equipment maintenance. We ha¥e run in-house urSeS for volunteers on aspects of gardening. This effort will continue in 2024 with further training up of volunteers in particular roles and to ensure compliance with key Health and safety requiremerrts. . Trtee¥ rewnsibifrties In relation tothe finanual slatements The charity Trustees are responsible for preparing a Tru5tees' annual report and financial 5tstements in accordance wÈth applicable13w and United Kingdom Accounting Standards Iunited Kingdom GeneralACCepted Accounting Prattl1. Company law requires charity Trustees to prepare financial statements for each year which give a true and fair view of the st*e of affairs of the charttable company. A% required, in preparing the financial statements, the Trustees: Selert suitable accounti policies and then apply them con5iStentty: ObseThe the methods and prinoples in the chare$ SORP: Makejudgements and estimates that a 0$onable and prudent: State whether applicable UK accounting standards have been foNowed, subjert to any material departures tlisclosed and explained in the financial statements; Prepare the finanoal statements on the going concern basis unless it is inappropriate to presume the chartty will continue in bUne$S. The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial ststements ¢omplywith the Companies Act 21)06. They are also responsible for safeguarding the assets of the charity and hence taking asonable steps for the prevention and detecbon of fraud and other irregularities. In so far as the Trustees are awa at the time of appro¥in8 their annual report: There is rK> relevantfinancial information of whith the comparfs independent examiner ts unaware; and The Trustees have taken all the steps that they 0t to have tsken to makethemsejves aware of any relevant financial infomiatton and to establish thatthe independent examiner is aware of that infomiation.
81 THE GARDENS OF EASTON LODGE PRESERVATION TRUST REPORT OFTHE TRUSTEES FOR THE YEAR ENIXNG YI JANUARY ZD24 SMALLCOMPANY EXEMPTIOP4S In preparing thi5 report. the Trustees have taken advantage of the small companies, exemptions prowded by settion 415A of the Companies Art 2006. This report was approved by the Board of Trusteeson 5 June 2024 and swed on their behalf. JILL GOLOSMtrH ACTING CHAIR OF TRLISTEES ÉJK 13
91 ThE GARDENS OF EAsfoN LOOGE PRESERVATION TRiIST REPORT OF THE TRUSTEES FOR THE YEAR ENDING 31 JANUARY 2024 INDEPENDENT EXAMINEWS REPORT lrtdependent Examlrtrfs Report tott Members of the Gardens of Eastrm Lodge PreseT¥aUon Trust for the Year Ended 31 January 24 l port to the trustees on my examination of the accounts of the ab)ve charitsble company for the year en(led 31° January 2024 which ar2 set Dut on pages 9 to 16. Respon5ibilitie5 and bay5 of report As the Charitystrustees, you are responsible for the preparation of the accounts in accordance withthe requirements of the Charities Act 20111.the Acfl. I report in respect of my examination of the Trusvs accounts carried out under section 145 of the 2011 Act and in carrying out my examination. I have follthved am the applicable direttions given by the Charrty Commission under section 1451511bl of the ACL I have completed my examlnatlon. I conflmi that no material matters have come to my attentlon In connertion wlth the examination whith 8ives me cause to belte¥e that in. any material reskrt: The accounting records were not kept in accordance with section 130 of the Chartttes Atr, or The accounts did not accord with the accounting record5: or The accounts did not comply with the applicabk requirements concernlng the form and content of accounts set out in the Charities Regulations 2008 other than any requirement that the a£counts gsve k~true and fai ¥lew whlch Is not a matter consldered as part of an Independent examlnation. I have no COnrnS and have come across no other matters in COnnecn with the examlnation to which attention should be drawn in thls port in order to enawe a proper understantlin8 of the acutrunts to be reached. Richard Corby Independent Examiner 12th June 2024
10 I THE GARDENS OF EASTON LODGE PRESERVATION TRiIST REPORT OFTHE TrUSTEES FOR THE YEAR ENDING 31 JANUARY 2024 FOR THE YEAR ENDED 31-JANUARY 2024 Totsl Funds Total Funds 2023124 2023124 2023124 202V23 INCOME Income from generated funds iy J23 IOA23 7.647 Donations 44VJ 4A14 Grants Investment Income 937 Income from diarttsble actiwties li 50.783 4L847 Totsl Income 72A57 72A57 58205 EXPENDITURE Cost of raising funds io 23 Charstable activities 39253 39253 232 Overheads 15.720 .no 14.693 Total Expendlture 57286 57286 39NJ8 Net In¢omel{Expetthre) and net movem¢ttt In funds for the year Re¢ondllatlon offvnds .In 15.171 Totsl funds brought foThvard at I" February 2023 Totsl funds carrled fonmard as at 31"January 2024 1¥755 107584 The ststement of finan(ial actmties indudes all rdins and losses rewi5ed in the year. All income and expenditure derive from continuing activities.
11 I THE GARDENS OF EAsfop4 LODGE PRESERVATION TRUST REPORT OF THE TRU5FEE5 FOR THE YEAR ENDING 31JANUARY 2024 BALANCE SHEEr FOR ThE YEAR ENDED 31 JANUARY 2024 UnvestslLed FundsAt 31" January 2024 At 31"January 2023 Flxed Tangible Assets 10331 i0 Current Assets Stock 1.549 2.074 Debtor5, PrepaTrinents & acced income 17 8,146 8,236 Cash at bank and in hand 103.470 95.485 Less Credftors Amounts falling due within one year 741 221 Net Current Assets I(,574 Total Net Assets IZL755 107,584 Financed by.. Unrestrtr¢ted Funds 19 121755 Restricted Funds Forthe year ending 31 January 2024 the company was entitted to exemption from audrt under sectKyn 477 of th* Companies Act 20)6 relatng to small companies. The rnernbers have not required the company to obtsin an att of its accounts in accordance wilh section 476 of the Cornpanies Act 2CI)6. The Trustees/Director5 acknowledge their responsibilr(ies for cth))pIW th the requirements of the Act with respett to accounting e0rd5 and the prepardtion of accounts These accounts have been prepa in accotdance with the provisions appliLabbe to companies subJt to the small compani25' regirne and in accordaKe with FRS102 SORP. Thè accwnts wèrè approvèd by the" kn.rd rif Trusteè5 on 5"Jurie 2024 JILL GOLDSMrtH CHAIR OF TRUSfEES
121 THE GARDENS OF EAsfoN LODGE PRE5ERVATlOt4 TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDING 31 JANiIARY2024 NOTESTO THE ACCOUPll5 FOR THE YEAR ENDED 31ST JANUARY 2024 l. Accouf4TING POUCIES la. Basls of preparatlon The finanaal statements have been prepareil in a¢c(Kdance with kcounting and Reportiryg by charities: Ststement of Recommended pract[ applILe to charftFes pparing thelr accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS1021 issued on 16 July 2014 and with the Finanoal Reporting Standard appEirable in the UK and republic of IrelarKI {FR51021 The Gardens of Easton lodge Preservation Trust meets the definition of a public benefit entity under FRS 102. Assets and liabilities ère initialty recognised at historical c05t or transaction value unless otherwise stated in the relevant accounting policy notels). The Trustees are of the vlew that given the Trusys ServeS position and the ongoing lease of the land. the chatlty is a going concem. All incoming resources are included in the Statementof financial Activitieswhen the charity is legalty entttled to the income and the amount can be measured reliabty. Income tsx recov¢r4ble in relation to donati rffeived undff gfft aldls recogntsed atthe timeof the donation. Id. Volurteer help In accordance with the charities SORP IFRS1021, volunteer time is not recognised. The Trustees, annual rekx)rt provides more information aboyt volynteers. vitsl contribution to the work of the Trust l& Intwest Re¢el¥41)le Interest on funds held on deposit is included when receivable and the amount can be measured reliabty by the charity.. this is normall¥ upon notifrcation ol the interest paid or payable by the bank. If. Stocks and Work In progress Stocks held for sale are rneasured at the lower of cost or net realisable value. Expenditure is recognised once there is a legal or construLtiNt obligation to make a payment to a thlrd party, it is probable that settlement will be required, and the amoynt of the obligation can be measured reliably. All resources expended are indusive of VAT which is irrecoverawe. Ih. Tan8iblefixed assets Flxed assets are showft at historical cost less depreuation. Depreciation is provided at an annual rate of 20% on fixtures arKI ffttings in order to wrlte 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 anytrade 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 TRU5fEES FOR THE YEAR ENDING 31 JANUARY 1024 Ik Credltors and pro¥lslor Cre(litors and provisions are recognised where the thaiity ha5a present obligation resultingfrom 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. (ditorS and proV10nS are nom)alty recognssed at their settlement amount after allowing for any trade distounts due. 1.1 fjrnnts and D(¥1 Grants and donations are only induded in the SOFA when the general income recognition criteria are met15.10 to 5.12 FRS102 soRpI L LeW Statusof the Tn*t The Trust Is a company limited by guarantee and has no share capital. In the event of the chartty being wound up, the liabslity in fespett of the guarantee is limited to £1 per member of the charity. 3. STAFF cosrs The Trust had no employees during 2022n3 and 2023124 Total 2023124 Totsl 2022123 Independent Examlnauon fee The Independent Examiner made no charge to the Trust for examination of the 2023124 and the 2022123 accounts. 5. MOVEM ON FUNDS Unrestricted Opening Balance at I" Felxu¥y 20ZY Net income Transfer between furKIs clong Balance at 31 Janry 2024 107 15,171 122.755 6. ST4XKS The total stock held for resale is £1,549 which is valued at cosL as this is lowerthan net alISable value.
14.1 THE GARDENS OF EAsfoN LODGE PRESERVATION TRI REPORT OF THE TRUSTEES FOR ThE YEAR ENDING 31 JANUARY 2024 7. TAt4GIBiE FIXED ASSETS At Cost At I" February 2023 Addttions during 2023124 Disposals 67.643 10,SCKJ 78,143 At I" February 2023 For the year 2023124 Disposals At 31°January 2024 65,633 2,179 6712 r4et Book Value At I" February 2023 2,010 At 31"January 2024 .331 Represented by. Net Book Value At 31° January 2024 Portable Toilet Units Tea Pavillon Arthive Buikli Treehouse Lawn Mower Elephant st*ue Gazebo 5.976 7.719 5.976 7.719 38,707 12,(XK) 1.550 2347 38,707 9.100 749 1.917 430 Total 2022123 21123124 2023124 Open Day Event Expenses Catering Servicing of toilets Garden expenses Garden restoration and Infrastructure Garden grass and yew cuttin8 Banners & signs Waste dlsposal and Cleaning 747 4,818 2,998 8,733 16.230 3.720 637 1,370 39,253 4,952 2,076 4,811 6,830 2,802 989
151 THE GARDENS OF EAsfoN LODGE PRESERVATION TRUST REPORT OF THE TrUSTEES FOR THE YEAR ENDING 31 JA14UARY 2024 9. EXPENDrruRE ON OVERHEADS Total Total a123124 20W23 Trust Administratr¥e service5 Trustfvolunteer costs Training Printin8, Postage & stationery Computer and Wet)slts Costs Subscriptions Annual rèturn fee Insurance Tea and Archive building costs Fire Extinguisher maintenance Profeon81 fees Telephone Cleaning First Aid Depreciation Bank charges 4.826 1.288 966 794 IA31 476 13 2.311 143 285 2,971 i.rJ)i 851 437 870 399 13 2.073 217 102 io 122 173 53 2180 434 15.720 5.197 257 14.693 EXPENDITURE 014 FUPIP GEIIEPATIOII Totsl 2023124 2022123 2Q22123 Opening stock Purchase of sales merchandlse Closing stock Cost of Merchandise Commission Fundraising Event Expenses 2.074 1.482 IIy9} 2,714 965 12,0741 2,007 306 1,605 513
161 THE GARDENS OF EASTON LOOGE PRESERVATION TRUST REPORT OF THE TrUSTEES FOR THE YEAR ENDING 31 JAP4UAIN2024 IL INCOME FROM CHARABlE p£riv Total Totsl fvnds 2023124 202V23 2023124 Admission charges Group visits Guided tours Season Tickets Catering Talks TOTAL INCOME FROM CIIARITABLE AcllvrnES 24,768 6,116 18,177 8,897 45 825 11,310 2,593 41,847 1.296 15.948 50.783 To131 re5tiicted Totsl T¢)tal 2023124 funds 2023124 funds 20231Z4 Total 20W23 Donattons Easy *un(Jrai Gift aid recovery TOTAL INCOME FROM DONATIONS 3.673 3,673 1.700 41 865 741 4,414 741 4A14 i& Ir4COME HIOM FUP4D GENEIIATION Total Totsl Total funds 20W2023 2023124 nds 2023124 Merchandise Stallholders Produ Garden guides Friends Membership TOTAL INCOME FROM FUND GENERATION 3,022 2,821 653 2,777 1,041 355 7,647 4,894 1,439 270 10,323 NET INCOMVIEXPENmftE) FOR THE YEAR 202¥24 2022123 Thls 1$ st4ts¢ •ft¢r th•rgtr¥: Depreclatlon 5.197 IS. TAXATION The charitable company Is exempt from taxation unders505 Income and Corporation Taxes Act 1988.
17 j THE GARDENS OF EASTON LODGE PRESERVATION TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDING 31 J1vARV 2024 16. TRUSTEES. EXPENSES The Trustees netther received nor waived any emoluments durin8 the year12023124- Nil) The trustee's expenses paid for in the year were Nil {2023124- NIII 17. DE8TORS 2023124 2022123 Prepayments Accrued grant 2,146 2236 8.236 18. aiEI¥TORS: 2023124 Trade credltors A¢¢ruals 741 221 741 221 R¢strf¢ted Unrestrfcred T¢)tsl Fund fund 2023124 Total Fund 2022123 Tangible fixed assets Cash at b4nk ¥nd in h8nd Other net Current assets/lliabilitiesl Sto(k 10331 103.470 10331 2AllO &0 Iy9 U174 Totsl 122.755 107.584