2023-03-31-accounts

Trustees			M Ali
			A Chapman
			ND Dowden		(Appointed	31May 2022)
			D Hogben
			JM Moseley
			AV Todd
			SThomson		(Appointed	5 September	2023)
			L Burton		(Appointed	9 July 2023)
			R Pudduck		(Appointed	9July 2023)
			M Bateman		(Appointed	9 July 2023)
			R Murray		(Appointed	9 July 2023)
Secretary			F Sparkes
Charity number			1109066
Company	number		05343257
Registered		office	HQS Wellington
			Tempke Stairs
			Victoria Embankment
			London
			WC2R 2PN
Independent		examiner	Myers Clark
			Egale 1
			80 St Albans	Road
			Watford
			Hertfordshire
			WD17 1DL
Investment		advisors	Evelyn Partners
			45 Gresham	Street
			London
			EC2V 7BG

					Page
Trustees'	report				1-5
Independent		examiner's		report
Statement	of	financial	activities		7-8
Balance sheet
Notes to	the	financial	statements		10-21

Current financial year	Current financial year
				Unrestricted	Restricted	Total	Total
				funds	funds
				2023	2023	2023	2022
			Notes		f	f	f
Income and endowments		from:
Donations and legacies				39,044		39,044	114,227
Charitable activities				26,484		26,484	21,256
Other income				3,252		3,252	4,381
Total income				68,780		68,780	139,864
Ex enditure on:
Raising funds				5,358		5,358	9,632
Charitable activities				150,804	33,581	184,385	246,677
Total expenditure				156,162	33,581	189,743	256,309
Net gains/(losses)	on investments			(12,636)		(12,636)	1,471
Net outgoing resources		before transfers		(100,018)	(33,581)	(133,599)	(114,974)
Gross transfers between		funds		(10,180)	10,180
Net expenditure for the year/
Net movement in	funds			(110,198)	(23,401)	(133,599)	(114,974)
Fund balances at 1April		2022		777,776	36,230	814,006	928,980
Fund balances at	31March 2023			667,578	12,829	680,407	814,006

Prior financial	year	year
					Unrestricted	Restricted	Total
					funds	funds
					2022	2022	2022
				Notes
Income and endowments			from:
Donations and	legacies				57,683	56,544	114,227
Charitable activities					21,256		21,256
Other income					4,381		4,381
Total income					83,320	56,544	139,864
Ex enditure on:
Raising funds					9,632		9,632
Charitable activities					201,321	45,356	246,677
Total expenditure					210,953	45,356	256,309
Net gains/(losses)		on investments			1,471		1,471
Net outgoing	resources		before transfers		(126,162)	11,188	(114,974)
Net expenditure for the			year/
Net movement	in	funds			(126,162)	11,188	(114,974)
Fund balances	at 1April 2021				903,938	25,042	928,980
Fund balances	at	31March 2022			777,776	36,230	814,006

					2023		2022
				Notes
Fixed assets
Tangible assets				11		551,192		574,158
Investments				12		120,098		227,760
						671,290		801,918
Current assets
Stocks				13	2,547		4,246
Debtors				14	19,062		97,133
Cash at bank and	in	hand			6,626		23,789
					28,235		125,168
Creditors: amounts		falling due within
one year				15	(19,118)		(113,080)
Net current assets						9,117		12,088
Total assets less current			liabilities			680,407		814,006
Income funds
Restricted funds						12,829		36,230
Unrestricted funds						667,578		777,776
						680,407		814,006

				Unrestricted	Total	Unrestricted	Restricted	Total
				funds		funds	funds
				2023	2023	2022	2022	2022
					f	f	f	f
Donations	and gifts			39,044	39,044	34,102		34,102
Legacies	receivable					10,000		10,000
Grants						13,581	56,544	70,125
				39,044	39,044	57,683	56,544	114,227
Grants receivable,		included		in the above, are as	follows:
National	Lottery Heritage		Fund				41,084	41,084
1851Commission							15,460	15,460
Westminster Council						13,581		13,581
						13,581	56,544	70,125

		Maintenance	Total	Maintenance	Education	Total
		ofthe	2023	ofthe		2022
		Wellington		Wellington
		2023		2022	2022
		E			f
Ship tours		2,538	2,538	125		125
Costs reimbursed		23,946	23,946	20,795		20,795
Heritage	Evenings				336	336
		26,484	26,484	20,920	336	21,256

						Unrestricted	Unrestricted
						funds	funds
						2023	2022
						f	f
	Investment	Income
	Deposit account interest					9	12
	Dividends					3,243	4,127
	Other Trading		Activities
	Merchandise						242
						3,252	4,381
5	Raising funds
						Unrestricted	Unrestricted
						funds	funds
						2023	2022
	Fundraiser					1,563	3,607
	Friends' expenses					1,628	639
	Promotional	design,		printing	and postage		4,173
	Fundraising	and publicity				3,191	8,419
	Other trading		activities
	Merchandise					2,009	1,049
						158	164
						5,358	9,632

			Maintenance	Education	Total	Maintenance	Education	Total
			ofthe		2023	ofthe		2022
			Wellington			Wellington
			2023	2023		2022	2022
				f			E
Depreciation			22,966		22,966	23,923		23,923
Repairs and maintenance			(2,201)		(2,201)	35,359		35,359
Rates			9,682		9,682	9,682		9,682
Insurance			20,254		20,254	14,991		14,991
Website			5,011		5,011	7,511		7,511
Utilities			1,881		1,881	1,542		1,542
Exhibitions				(1,647)	(1,647)		14,144	14,144
Augmented reality project				9,169	9,169		28,037	28,037
Education	expense			7,026	7,026		16,827	16,827
Heritage	Evenings			1,412	1,412		2,750	2,750
Admissions			3,218		3,218	134		134
Bad debt	provision		13,786		13,786
			74,597	15,960	90,557	93142	61758	154900
Grant funding		of
activities	(see note )		9,241		9,241	301		301
Share of support costs (see note 7)			81,087		81,087	85,476		85,476
Share of
governance costs
(see note	7)		3,500		3,500	6,000		6,000
			168,425	15,960	184,385	184,919	61,758	246,677
Analysis	by
fund
Unrestricted		funds	138,820	11,984	150,804	148,630	52,691	201,321
Restricted	funds		29,605	3,976	33,581	36,289	9,067	45,356
			168,425	15,960	184,385	184,919	61,758	246,677

7	Support costs	Support costs
						Support	Governance		2023	Support	Governance	2022
						costs	costs			costs	costs
								f.			f
	Wages					36,750			36,750	35,000		35,000
	Pensions					1,220			1,220	940		940
	Consultant	manager								500		500
	Accounting					4,288			4,288	5,431		5,431
	Database					3,885			3,885	7,901		7,901
	Marketing					14,194			14,194	23,640		23,640
	Bank and payment
	charges					324			324	605		605
	Sundry expense					11,092			11,092	7,498		7,498
	ITand software		costs			3,905			3,905	2,971		2,971
	Legal fees					5,429			5,429	990		990
	Audit fees										6,000	6,000
	Independent	Examiners'
	Fee						3,500		3,500
						81,087	3,500		84,587	85,476	6,000	91,476
	Analysed between
	Charitable activities					81,087	3,500		84,587	85,476	6,000	91,476
	Governance	costs includes			payments to		the auditors	of Enil	(2022-f6,000)for audit		fees.
8	Net movement		in funds								2023	2022
											f
	Net movement		in funds	is	stated after charging/(crediting)
	Fees payable to		the company's			auditor for the audit ofthe			company's	financial
	statements											6,000
	Depreciation	of	owned tangible			fixed assets					22,966	23,923

		2023	2022
		Number	Number
Administration
Employment	costs	2023 f	2022
Wages and salaries		36,750	35,000
Other pension	costs	1,220	940
		37,970	35,940

Tangible fix	ed assets
			Improvements	HQS	Total
			to HQS	Wellington
			Wellington
			f
Cost
At 1April 2022			267,158	604,694	871,852
At 31 March	2023		267,158	604,694	871,852
Depreciation	and impairment
At 1April 2022			62,908	234,786	297,694
Depreciation	charged	in the year	8,147	14,819	22,966
At 31March	2023		71,055	249,605	320,660
Carrying amount
At 31 March	2023		196,103	355,089	551,192
At 31March	2022		204,250	369,908	574,158

					Listed
					investments
					f
	Cost or valuation
	At 1April 2022				227,760
	Additions				45,006
	Unrealised gains/(losses)				(12,636)
	Movement in cash				(433)
	Disposals				(139,599)
	At 31 March 2023				120,098
	Carrying amount
	At 31 March 2023				120,098
	At 31 March 2023				227,760
13	Stocks
				2023	2022
				f.
	Finished goods			2,547	4,246
14	Debtors
				2023	2022
	Amounts falling due within one year:				f.
	Trade debtors				66,262
	Other debtors			8,394	16,213
	Prepayments and accrued income			10,668	14,658
				19,062	97,133
15	Creditors: amounts	falling due within one year
				2023	2022
			Notes
	Other taxation and	social security		645	628
	Deferred income			1,158	3,858
	Trade creditors			13,469	99,154
	Other creditors			346	346
	Accrued expenses			3,500	9,094
				19,118	113,080

					Movement	in funds		Movement	in funds
			1	Balance at April 2021	Incoming resources	Resources expended	Balance at 1April 2022	Resources expended	Transfers	Balance at 31March 2023
				f	f	f	f	f
National
Lottery
Heritage		Fund		5,569	41,084	(26,289)	20,364	(20,364)
Portal	T	rust		9,473		(8,776)	697	(877)	180
Portal	Trust
2020/21						(10,000)	(10,000)		10,000
1851
Commission				10,000	15,460	(291)	25,169	(12,340)		12,829
				25,042	56,544	(45,356)	36,230	(33,581)	10,180	12,829

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18	Analysis of	net assets	between	funds
			Unrestricted		Restricted	Total	Unrestricted	Restricted	Total
				funds	funcls		funds	funds
				2023	2023	2023	2022	2022	2022
				f	f	f	f	f	f
	Fund balances at 31
	March 2023	are
	represented	by:
	Tangible assets			551,192		551,192	574,158		574,158
	Investments			120,098		120,098	227,760		227,760
	Current assets/(liabilities)			(23,137)	32,254	9,117	(24,142)	36,230	12,088
				648,153	32,254	680,407	777,776	36,230	814,006