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← Heugh Gun Battery Trust Limited

2024-05-31-accounts

HEUGH GUN BATTERY TRUST LIMITED

(A company limited by guarantee)

REPORT AND FINANCIAL STATEMENTS For the year ended 31 May 2024

Charity number 1106882 Company number 04774077

HEUGH GUN BATTERY TRUST LIMITED (A company limited by guarantee) TRUSTEES ANNUAL REPORT For the year ended 31 May 2024

The trustees are pleased to present their annual directors’ report together with the financial statements of the charity for the year ended 31 May 2024 which are also 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 102) (effective 1 January 2015)

Objectives and activities

the development and assist with fundraising for the museum.

Take up and provide opportunities for staff and volunteers to participate in training to support their activities at the museum and ensure a safe and positive environment for themselves, visitors and the collections

• Improve visibility through the use of TV media coverage, print media and digital platforms including working with TikTok and Instagram influencers

Achievements and performance

2023/24 saw continued growth for the Heugh Battery Museum and Poppy Tea Rooms. The museum staged 11 full day events and hosted visits from a diverse range of groups, such as Naval Reservists, residents of local care homes and fans of the heavy metal band Sabaton.

1

HEUGH GUN BATTERY TRUST LIMITED (A company limited by guarantee) TRUSTEES ANNUAL REPORT For the year ended 31 May 2024

We welcomed 8000 visitors to the museum and almost 15,000 to the tea rooms, delivered workshops to over 1200 school pupils, an overall increase of more than a 1000 visits on the previous year.

Raising the flag on Armed Forces Day 2023

In collaboration with a range of re-enactment groups, military themed events from the Mediaeval period through to the Cold War were staged, attracting families and enthusiasts alike. Visitors enjoyed a continuation of the Pay What You Decide entrance fee scheme, which was extended to some of the family events to help families to access the museum whilst dealing with the ongoing cost of living crises. The museum and tea rooms provide a space for the whole family and are fully dog friendly, our Woof at the Heugh event was aimed at our canine visitors and gave an opportunity for several local animal charities to raise funds. Other events included our popular craft fayres for local artists and artisans, and car boot sales.

2

HEUGH GUN BATTERY TRUST LIMITED (A company limited by guarantee) TRUSTEES ANNUAL REPORT For the year ended 31 May 2024

The Headland enjoyed an influx of visitors during the Hartlepool Tall Ships event, and opened for extended hours as a viewing point for the final Parade of Sail.

The museum was able to support other local organisations and host activities such providing a meeting point for two Alice House Hospice fundraisers, giving space to Dr Bike to promote cycling and offer free bicycle MOTs and repairs and host dancers from the annual Headland Folk Festival. The Heugh Battery proudly hosted Armed Forces Day, with a flag raising ceremony. In autumn, we supported the PFC Trust’s fist Pumpkin Trail which gave families a safe and fun activity to replace Trick or Treating.

Headland Folk Festival Dancers

We also took part in a project based on local sound mirrors funded by SeaScapes. A recording device was installed at the museum to record levels of sound, which were then digitally translated into patterns. SeaScapes also funded the installation of a wind-up audio device. We worked with students from High Tunstall College of Science to record eyewitness statements from young people caught up in the Bombardment of the Hartlepools in 1914. These now play to visitors in the Battery Command Post.

A further installation came from an award-winning student of the Northern School of Art. Lewis King, BA Hons Model Making and Visual FX student, created a replica WWI periscope, complete with battlefield diorama for his final degree project, which he kindly donated to the museum.

3

HEUGH GUN BATTERY TRUST LIMITED (A company limited by guarantee) TRUSTEES ANNUAL REPORT For the year ended 31 May 2024

Our relationship with Swedish heavy metal band Sabaton continued when we were one of a select number of museums across the world to screen their animated film ‘The War To End All Wars’. The film incorporated music from the band’s WWI themed albums, and was given to museums for a limited time to screen – with all proceeds being kept by host venues.

Screening of ’The War To End All Wars’ in the magazine of the only WWI battlefield in the UK

Away from the museum, we took part in the National Museum of the Royal Navy Hartlepool’s first 1940’s weekend, joining many of the groups we see at the Heugh throughout the year.

Training and development

Staff and volunteers were fortunate to take part in a range of free training looking at collections and financial sustainability. Heritage Compass Fundraising basics, Every Day Innovation and working with a retail consultant to appraise the gift shop offer provided a range of ideas and tips. The courses funded by Arts Council and Museum Development North East provided n ot only learning opportunities but the opportunity to work directly with consultants. Similarly, the Collections Trust programme ‘Getting your House in Order’ allowed volunteers and staff to learn a range of skills to care for and document the collections held here. Volunteers enjoyed practical skills with a metal conservation programme.

4

HEUGH GUN BATTERY TRUST LIMITED (A company limited by guarantee) TRUSTEES ANNUAL REPORT For the year ended 31 May 2024

Metal Conservation work on BOFORS gun

We continue to work with colleagues at the Palmerston Fort Society to research how the museum site functioned in its early construction, and share findings from the research of other members of the group.

Funding

An application was submitted to the Arts Council Museum Estate and Development Fund in August 2023. The museum worked closely with Spence and Dower Chartered Architects and Xsite Architecture, with funding support from Historic England, to prepare a range of survey documents prior to the application. A previous application had been unsuccessful and it is hoped that the museum’s application for just under £500,000 will allow the museum to undertake the very urgent works required to conserve the concrete and metal of the original buildings of the Scheduled Monument on site. We were asked to speak at the Heritage Trust Network Conference about our experience of applying to the MEND fund and the work involved in preparing for such a bid.

Funding is also currently being sought by an independent film maker, who hopes to produce some interactive 3-D film for use across the site, and by an academic form the Open University to produce an exhibition based on the Civila and Civic response to the Bombardment of 1914.

FINANCIAL REVIEW

Heugh Gun Battery Trust Limited principle funding source is museum admissions and café income. Other significant funding comes from grants received from Hartlepool Borough Council, The National Lottery Heritage Fund and The Arts Council.

The total income for the period was £441,685 (2023: £168,530). This income is allocated across respective funds on the Statement of Financial Activities in accordance with the Statement of Recommended Practice.

5

HEUGH GUN BATTERY TRUST LIMITED (A company limited by guarantee) TRUSTEES ANNUAL REPORT For the year ended 31 May 2024

The Statement of Financial Activities for the period ended 31 May 2024 shows a net surplus across all funds of £271,178 (2023: -£3,593).

The Balance Sheet at 31 May 2024 shows total funds carried forward of £407,444 (2023: £136,266) of which there are £283,404 restricted funds (2023: £23,244).

Reserves policy

Heugh Gun Battery Trust Limited has maintained a level of free reserves (reserves not invested in tangible fixed assets) over the years, currently £33,944 to meet the working capital requirements of the charity in the event of a significant drop in funding. It has established a policy whereby the unrestricted funds held by the charity should be between 3 and 6 months of annual expenditure. At 31 May 2024 reserves fall short of this level. The trustees are aware of this and are committed to building up free reserves, with planned operational surpluses.

PLANS FOR FUTURE PERIODS

PUBLIC BENEFIT STATEMENT

The Trustees have referred to the Charity Commission's guidance on public benefit when reviewing the charity's objectives and planning its future activities. This annual report will aim to demonstrate the link between our charitable activity and how this benefits our service users.

6

HEUGH GUN BATTERY TRUST LIMITED (A company limited by guarantee) TRUSTEES ANNUAL REPORT For the year ended 31 May 2024

REFERENCE AND ADMINISTRATIVE DETAILS

Charity Name Heugh Gun Battery Trust Limited Registered 1106882 Charity Number Company 04774077 Number Registered Office Heugh Battery Moor Terrace and operational The Headland address Hartlepool Cleveland TS24 0PS Trustees Mr J R Keeton Mr H Deer Ms G Ptak Mr A Abson Appointed 12/05/2024 Mr T Bailey Appointed 12/05/2024 Independent Michelle Wright Examiner MW Accounting, Bookkeeping & Training Woodgate House Wood Street Gateshead NE11 9NP

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing documents

The organisation is a charitable company limited by guarantee, incorporated on the 23 May 2003 and is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

Appointment of Trustees

The directors of the company are also charity trustees for the purpose of charity law and under the company’s Articles. Trustees are elected at the AGM and can serve more than one term. Interested possible new trustees are encouraged to attend trustee meetings.

Organisation

All of the trustees meet every month and deal with the administration of the charity to ensure that Heugh Gun Battery Trust Limited has a clear vision and strategy for the future, and to monitor the

7

HEUGH GUN BATTERY TRUST LIMITED (A company limited by guarantee) TRUSTEES ANNUAL REPORT For the year ended 31 May 2024

performance against plans, to support the management and staff team, and to oversee financial accountability and risk management.

The operational management of the organisation is undertaken by the paid staff team.

Risk management

The trustees have conducted a review of the major risks to which the charity is exposed and systems have been established to mitigate those risks including the implementation of procedures for authorisation of all transactions and projects and for ensuring the consistent quality of the delivery of all operational aspects of the charitable company. These procedures are periodically reviewed to ensure that they still meet the needs of the charity.

TRUSTEES’ RESPONSIBILITIES IN RELATION TO THE FINANCIAL STATEMENTS

The trustees, who are also directors for the purposes of company law, are responsible for preparing the Trustees’ Annual Report and the Financial Statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company Law requires the trustees to prepare financial statements for each financial year which show the state of affairs of the charitable company and of incoming resources and application of resources, including the income and expenditure of the charitable company for that year. In preparing those financial statements, the trustees are required to:

The trustees are responsible for keeping accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

10/20/2024

This report was approved by the Trustees on: ________

and signed on their behalf by: ________

Timothy Bailey Trustee

8

HEUGH GUN BATTERY TRUST LTD

(A company limited by guarantee)

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES

For the year ended 31 May 2024

I report on the financial statements of Heugh Gun Battery Trust Ltd for the year ended 31 May 2024, which are set out on pages 10 to 20.

Respective responsibilities of trustees and examiner

The charity's trustees (who are also directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 ("the Charities Act) and that an independent examination is needed.

Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:

Basis of independent examiner's statement

My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.

Independent examiner's statement

In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect:

I 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.

Michelle Wright MW Accounting, Bookkeeping & Training Woodgate House Wood Street Gateshead NE11 9NP Date: 02/18/2025

9

HEUGH GUN BATTERY TRUST LTD

(A company limited by guarantee)

STATEMENT OF FINANCIAL ACTIVITIES

(INCLUDING SUMMARY INCOME & EXPENDITURE ACCOUNT)

For the year ended 31 May 2024

6
7
Other trading activities
8
Expenditure on:
10
Total funds carried forward
Reconciliation of funds
Total funds brought forward
Notes
Total income
Donations and legacies
Income from:
Charitable activities
Grants and contracts
Operation of the charity
Total expenditure
Net movement of funds
Charitable activities		 Unrestricted
Funds
£
12,767
15,272
142,746
172,918
161,900
161,900
11,018
113,022
124,040		 Restricted
Funds
£
-
268,767
-
268,767
8,607
8,607
260,160
23,244
283,404		 Total
2024
£
12,767
284,039
142,746
441,685
170,507
170,507
271,178
136,266
407,444		 Total
2023
£
14,841
49,948
103,186
168,530
172,123
172,123
( 3,593 )
139,859
136,266

The Statement of Financial Activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities

The notes on pages 12 to 20 form an integral part of these accounts.

10

Charity Number 1106882 Company Number 04774077

HEUGH GUN BATTERY TRUST LTD

(A company limited by guarantee)

BALANCE SHEET

As at 31 May 2024

Notes £ Total
2024
£		 £ Total
2023
£
Fixed assets
Tangible assets 17 90,096 93,275
Total fixed assets 90,096 93,275
Current assets
Stock 5 2,009 1,146
Debtors 19 4,999 1,594
Cash at bank and in hand 20 316,111 49,503
Total current assets 323,119 52,242
Creditors:amounts falling due within
one year 21 ( 5,771 ) ( 9,252 )
Net current assets 317,348 42,990
Total assets less current liabilities 407,444 136,266
Total net assets or liabilities 407,444 136,266
Funds of the charity
Unrestricted income funds 124,040 113,022
Restricted income funds 283,404 23,244
Total funds 407,444 136,266

The company was entitled to an exemption from audit under s477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act with the respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with FRS102 SORP.

The notes on pages 12 to 20 form an integral part of these accounts.

10/20/2024 These financial statements were approved by the Board on: and are signed on its behalf by: Tim Bailey Trustee

11

HEUGH GUN BATTERY TRUST LTD

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 May 2024

1 Accounting Policies

The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:

2 Basis of accounting

2.1 Basis of preparation

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

The accounts have been prepared in accordance with 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 102) (effective 1 January 2015) – Charities SORP (FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.

Heugh Gun Battery Trust Ltd meets the definition of a public benefit entity under FRS 102.

2.2 Preparation of the accounts on a going concern basis

The charity reported total unrestricted funds at the year end of £113,022 and has already secured a significant amount of funding for the current year. The trustees are of the view that the immediate future of the charity for the next 12 to 18 months is secure and that on this basis the charity is a going concern.

The financial statements have been prepared on a going concern basis. In making their assessment the trustees have reviewed and considered relevant information, including their annual budget and future cash flows. In response to the COVID-19 pandemic, the trustees have revised their forecasts to take into account measures that they can take with the current resources available to mitigate the impact of the current adverse conditions. The trustees are of the view that the immediate future of the charity for the next 12 months is secure and that on this basis the charity is a going concern.

3 Income

3.1 Recognition of income

Income is recognised when the charity has entitlement to the resources, any performance conditions attached to the item(s) of income have been met, it is more likely than not that the resources will be received and the monetary value can be measured with sufficient reliability

3.2 Offsetting

There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by FRS102 SORP or FRS102.

3.3 Grants and donations

Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

12

HEUGH GUN BATTERY TRUST LTD

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 May 2024

Income received in advance of the provision of a specified service is deferred until the criteria of income recognition are met.

3.4 Donated goods and services

Donated goods are measured at fair value (the amount for which the asset could be exchanged) unless impractical to do so.

Donated services and facilities are included in the SoFA when received at the value of the gift to the charity provided that the value of the gift can be measured reliably. Donated services and facilities that are consumed immediately are recognised as income with the equivalent amount recognised as an expense under the appropriate heading in the SoFA.

3.5 Volunteer help

The value of volunteer help received is not included in the accounts but is described in the trustees' annual report.

3.6 Interest receivable

Interest on funds held on deposit is 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.

3.7 Income from membership subscriptions

Membership subscriptions received in the nature of a gift are recognised in donations and legacies.

Membership subscriptions which gives a member the right to buy services or other benefits are recognised as income earned from the provision of goods and services as income from charitable activities.

3.8 Investment gains and losses

This includes any realised or unrealised gains or losses on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year.

3.9 Fund accounting

Unrestricted funds are available to spend on activities that further any of the purposes of the charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity's work or for specific projects being undertaken by the charity.

4 Expenditure and liabilities

4.1 Liability recognition

Liabilities are recognised when it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty.

13

HEUGH GUN BATTERY TRUST LTD

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 May 2024

4.2 Charitable activities

Expenditure on charitable activities includes the costs of running the museum and other activities undertaken to further the purposes of the charity and their associated support costs.

4.3 Governance and support costs

Support costs have been allocated between governance cost and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice.

Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources.

4.4 Irrecoverable VAT

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

4.5 Creditors

The charity has creditors which are measured at settlement amounts less any trade discounts.

4.6 Provisions for liabilities

A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date.

5 Assets

5.1 Tangible fixed assets for use by the charity

Individual fixed assets costing £250 or more are capitalised at cost and are depreciated over their estimated useful economic lives on a straight line basis as follows:

Office equipment Furniture & fixtures Heritage assets

Straight line over four years Straight line over four years Straight line over life of asset

14

HEUGH GUN BATTERY TRUST LTD

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 May 2024

Analysis of income

6
7
8
9		 Donations and legacies
Charitable activities
Income from grants and contracts
Newcastle City Council
Other grants received
Other income
Other trading activities
Site hire
Income from investments
Café income
School visits
Donations
Museum admissions
Bank interest
Tees Valley Community Foundation
Historic England
Arts Council - Mend Fund
Other income
Shop income		 Unrestricted
Funds
£
12,767
12,767
-
1,866
-
4,500
-
8,906
15,272
49,120
10,214
80,313
-
3,100
142,746
2,133
2,133		 Restricted
Funds
£
-
-
20,000
-
248,767
-
-
-
268,767
-
-
-
-
-
-
-
-		 Total
2024
£
12,767
12,767
20,000
1,866
248,767
4,500
-
8,906
284,039
49,120
10,214
80,313
-
3,100
142,746
2,133
2,133		 Total
2023
£
14,841
14,841
3,700
33,408
-
7,238
1,882
3,720
49,948
27,740
6,778
64,337
460
3,870
103,186
556
556

Income was £441,685 (2023: £168,530) of which £172,918 was unrestricted or designated (2023: £135,122) and £268,767 was restricted (2023: £33,408)

15

HEUGH GUN BATTERY TRUST LTD

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 May 2024

Analysis of expenditure on charitable activities

10 Charitable activities
Direct costs
Support costs
Governance costs
Purchases
Staff costs
Volunteer costs
Advertising
Heating and light
Depreciation
Other support costs
Telephone
Small equipment
Repairs and renewals
Printing, postage and stationery
Insurance
Legal and professional fees
Bank charges
Independent examiner's fees for reporting on
the accounts		 Unrestricted
Funds
£
30,616
104,979
2,713
-
328
4,930
3,056
1,448
46
4,787
3,179
2,050
500
530
2,737
161,900		 Restricted
Funds
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
8,607
8,607		 Total
2024
£
30,616
104,979
2,713
-
328
4,930
3,056
1,448
46
4,787
3,179
2,050
500
530
11,344
170,507		 Total
2023
£
24,150
81,912
-
202
454
3,607
2,638
2,034
203
4,946
3,982
9,346
525
796
37,330
172,123

Expenditure on charitable activities was £170,507 (2023: £172,123) of which £161,900 was unrestricted or designated (2023: £153,351) and £8,607 was restricted (2023: £18,772)

11 Fees for examination of the accounts

Other accountancy services paid to the examiner
Independent examiner's fees for reporting on the accounts		 2024
£
500
370
870		 2023
£
500
100
600

16

HEUGH GUN BATTERY TRUST LTD

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 May 2024

12 Analysis of staff costs and the cost of key management personnel

Pension costs (defined contribution pension plan)
Salaries and wages		 2024
£
101,696
3,180
104,875		 2023
£
78,165
2,683
80,848

No employee received remuneration above £60,000 (2023: nil)

The key management personnel of the charity, comprise the trustees and the Managing Director. The total employee benefits of the key management personnel of the charity were £28,026.

13 Staff numbers

The average monthly head count was 5 staff (2023: 4 staff) and the average monthly number of full-time equivalent employees during the year were as follows:

The parts of the charity in which the employee's work
Charitable activities		 2024
Number
4.0
4.0		 2023
Number
4.0
4.0

14 Transactions with trustees

None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity.

Trustees' expenses

No trustee expenses have been incurred in the year.

Transaction(s) with related parties

There have been no related party transactions in the reporting period.

15 Defined contribution pension scheme

The charity operates a defined contribution pension scheme.The assets of the scheme are held separately from those of the charity in an independently administered fund.

The employer's pension costs represent contributions payable by the charity to the fund and amount to £3,180 (2023: £2,683). There was £0 outstanding as at 31 May 2024 (2023: £266)

16 Corporation Taxation

The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objectives.

17

HEUGH GUN BATTERY TRUST LTD

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 May 2024

Office
Equipment
17 Tangible fixed assets
£
Cost
Balance brought forward
3,554
Additions
-
Disposals
-
Balance carried forward
3,554
Depreciation
Basis
SL
Rate
25%
Balance brought forward
1,849
Depreciation charge for year
889
Disposals
-
Balance carried forward
2,737
Net book value
Brought forward
1,705
Carried forward
817
18
19 Debtors and prepayments (receivable within 1 year)
20
Bank accounts and cash in hand
Cash at bank and in hand
Prepayments
Accrued income
Gift shop stock
Stock
Café stock
Other debtors		 Fixtures &
Fittings
£
8,063
-
-
8,063
SL
25%
8,063
-
-
8,063
0
0
2024
£
651
1,359
2,009
2024
£
4,999
-
-
4,999
2024
£
316,111
316,111		 Heritage
assets
£
114,463
-
-
114,463
SL
2%
22,893
2,291
-
25,184
91,570
89,279
2023
£
651
495
1,146
2023
£
-
1,500
94
1,594
2023
£
49,503
49,503		 Total
£
126,080
-
-
126,080
32,805
3,179
-
35,984
93,275
90,096

18

HEUGH GUN BATTERY TRUST LTD

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 May 2024

21 Creditors and accruals (payable within 1 year)

Pension
Other accruals
Independent examination of accounts
Other creditors
Social security and other taxes
Accruals		 2024
£
381
-
-
500
4,890
5,771		 2023
£
482
266
500
1,000
7,004
9,252

22 Events after the end of the reporting period

No events (not requiring adjustment to the accounts) have occurred after the end of the reporting period but before the accounts are authorised which relate to conditions that arose after the end of the reporting period.

23 Analysis of charitable funds

Analysis of movements in unrestricted funds

For the year ending 31 May 2024

Unrestricted funds
General unrestricted fund
Totals		 Fund
balances
brought
forward
£
113,022
113,022		 Incoming
resources
£
172,918
172,918		 Resources
expended
£
( 161,900 )
(161,900)		 Transfers
£
-
-		 Fund
balances
carried
forward
£
124,040
124,040

For the year ending 31 May 2023

Unrestricted funds
General unrestricted fund
Totals		 Fund
balances
brought
forward
£
131,251
131,251		 Incoming
resources
£
135,122
135,122		 Resources
expended
£
( 153,351 )
(153,351)		 Transfers
£
-
-		 Fund
balances
carried
forward
£
113,022
113,022

Purpose of unrestricted funds

General unrestricted fund

The 'free reserves' of the charity

19

HEUGH GUN BATTERY TRUST LTD

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 May 2024

23 Analysis of charitable funds (continued)

Analysis of movement in restricted funds

For the year ending 31 May 2024

Restricted funds
Historic England
Tees Valley Community
Foundation
The Arts Council - Mend Fund
The Arts Council
Totals		 Fund
balances
brought
forward
£
14,636
-
-
8,607
23,243		 Incoming
resources
£
-
20,000
248,767
-
268,767		 Resources
expended
£
-
-
-
( 8,607 )
(8,607)		 Transfers
£
-
-
-
-
-		 Fund
balances
carried
forward
£
14,636
20,000
248,767
-
283,403

For the year ending 31 May 2023

Restricted funds
Historic England
The Arts Council
Totals		 Fund
balances
brought
forward
£
-
8,607
8,607		 Incoming
resources
£
33,408
-
33,408		 Resources
expended
£
( 18,772 )
-
(18,772)		 Transfers
£
-
-
-		 Fund
balances
carried
forward
£
14,636
8,607
23,243

Purpose of restricted funds

Restricted funds represent income resources used for a specific purpose within the charity as identified by the donor.

Historic England

The Arts Council

The Arts Council - MEND Fund

To fund restoration work

To fund core costs and urgent restoration work To fund urgent restoration work

24 Capital commitments

As at 31 May 2024, the charity had no capital commitments (2023 -£nil)

25 Analysis of net assets between funds

Tangible fixed assets
Cash at bank and in hand
Other net current assets/(liabilities)		 Unrestricted
Funds
£
90,096
32,707
1,237
124,040		 Restricted
Funds
£
-
283,404
-
283,404		 Total
2024
£
90,096
316,111
1,237
407,444		 Total
2023
£
93,275
49,503
( 6,512 )
136,266

20