Company number: 05171882
Charlty Number.. 1109239
The Chiswick House and
Gardens Trust
Report and financial statements
For the year ended 31 March 2023
SAYER
VINCENT

The Chlswlck House and Gardens Trust
Contents
For the year ended 31 March 2023
Reference and administratlve Informatlon
Trustees, annual report
Independent auditor's report
Statement of flnanclal activltles lincorporatlng an Income and expendlture account)
Balance sheets
Statement of cashflows
Notes to the financlal statements
.23
.24
.25
.26

The Chiswlck House and Gardens Trust
Reference and admlnlstratlve Informatlon
For the year ended 31 March 2023
Company number
05171882
Charity number
1109239
Reglstered offlce
and operatlonal
address
The Estate Office
Chiswick House
London W4 2QN
Country of
reglstratlon
England & Wales
Trustees
Trustee5, who are also dlrectors under company law, who served durlng the
year and up to the date of this report were as follows..
Slan Alexander
{1> Chalr (appolnted 9 June 2023)
Slr Derek Myers
(11 Chair {reslgned 9 June 2023)
Cllr Amy Croft
ILBHI lappolnted 17 June 2022)
Charles d'Arcy-Irvine 111 Ireslgned 17 June 202 21
Sebastlan Edwards
111 (Chair of Heritage Advlsory Panel)
Kaihryn Foster
11) {appolnted 16 September 20221 (Flnance. Audlt & Rlsk Commltteel
Paula Ghosh
Dr Lynne Guyton
Seema Kotecha
Lycla Lobo
Cllr Tony Loukl
Tracey Reed
Mark Stuart Smlth
Vlcky Taylor
Cllr John Todd
11) IDevelopment Committee)
11) (resigned 9 June 2023)
IEHTI (appolnted 16 September 20221 (Development Commlttee)
ILBHI Iresi9ned 17 June 20221
(EHTI (resigned 16 September 20221
IEHTI (Chalr of Flnance, Audit & Risk Commltteel
11) (Development Committee) Icapltal Project Board)
(LBH) (Finance. Audlr & Rlsk Commltteel
Company Secretary
Xanthe Arvanitakis lappolnted 16 September 20221
Nominated by
The London Borough of Hounslow ('LBH')
The English Heritage Trust I'EHT'I
Independent ('I')

The Chlswlck House and Gardens Trust
Reference and admini5tratlve Inforniatlon
For the year ended 31 March 2023
Key management personnel
Xanihe Arvanltakls
Laura Arthurton
Rosle Fyle5
Nlckl Thomas
Sue Sandle
Dlrector
Head of Finance
Head of Gardens lappolnted 20 Aprll 2022)
Head of Commerclal
Head of Development (appolnted 5 June 2023)
Bankers
HSBC Bank plc
593-599 Fulham Road
London SW6 SUA
Audltor
Sayer Vlncent LLP
Chartered Accountants and Statutory Audltor
Invlcta House. 108-114 Golden Lane
London ECIY OTL

The Chiswlck House and Gardens Trnst
Trustees, annual report
For the year ended J l Maryh 2023
Trustees preseni thelr report and the audited financial statements for the year ended 31 March
2023.
Reference and administrative Informatlon Set out on pages l and 2 form part of th55 report. The
financial statements comply with currenr statutory requirements, the memorandum and articles of
assoclatlon and fhe Statement of Recommended Practice Accounting and Reporting by Charities..
SORP applicable to chariiies preparing thelr accounts In accordance with FRS 102.
Objectlves and actlvltles
Purposes and alms
Chiswick House & Gardens Trust (CHGT) welcomes more than I million visits to the garden5
annually. The charlty looks after a 300-year-old grade I listed historic house and landscape with
65-acre gardens, 2-acre kitchen Garden and 1 .800 trees In the heart of West London. Over the
past three years, during and after the pandemlc, the gardens have become central to the dally Ilves
of thousands of people In the community.
The charltable objectlves are to advance educatlon by the preservatlon, restoratlon, maintenance,
repair and enhancement of the House and Gardens and thelr contents, for the benefit of the
publlc, the historlcal and archltectural herltage of England and for such purposes as are
exclusively charitable according to ihe laws of England and Wales.
CHGT believes that herltage sltes have more than one role ro play and that offerlng a hlstorlc
experience is only part of its purpose. They have recognlsed the enormous potential of the house,
gardens and kltchen garden to respond to some of the challenges faced by our local communlty.
Poor physlcal and menial health. isolatlon, lonellness, unemployment, poverty and a disconnect
from narure are just some of the serlous155ue5 faced by resldents. CHGT Is fortunate to have the
assets to make a real difference In the Ilves of local people. But they have also recognlsed they are
not reachlng or attractlng diverse audlences from further west In the Borough. Unequal access to
servlces and resources Is key strateglc priorlty for the Borough whlch CHGT Is addresslng.
With the learnings from rhe pandemlc, CHGT revlewed Its 1 O-year strategy, published in early
April 2022. This sets out a clear misslon to conserve thelr h15torlc, built, horticultural and
natural herltage for thelr vlsitors. sustain and improve their biodiver51ty and 5UPPOrt their local
communlty's health and well-being and vision to be a speclal place to del Ight, educate and be
inspired by the 300 years of storles of Influence, design, and envlronment. For everyone. every
day.
CHGT also set out their audience development alms
l . To increase the diversity of their visitors so that they can better reflect the ethnic diversity
of our borough

The Chiswi¢k House and Ganlens Trnst
Trustees, annual report
For the year ended 31 March 2023
2. To attract families who visit the garden5 to engage and benefit from Chiswick House. the
kitchen garden and community programme
3. To become more acce551ble and ensure access to interpretatSon Is appropriate for diverse
audiences
4. To persuade their regular local vlsltors to support Chiswlck House & Garden Trusi by
Jolnlng our Membership scheme
The Culture Recovery Fund ICRFI funded the plloting and development of four Inltlatlves during
2020121 whlch Informed rhe l O-year plan and will shape the future susrainability of CHGT..
l . Gmwlng Together at Chiswlck House, the communitypartlclpatlon programme. wlth the
support of the Llnbury Trust was piloted and launched. In 2022 alone CHGT has worked
wlth over 50 communlty group5 and over 3,300 participants. We have demonstrated and
evldenced that there is demand for new. expanded and enhanced learnlng and communlty
actlvlty ro Increase knowledge about food productlon, nutrltlon and hortlculture, improve
mental health and wellbeing and establish CHGT as a communlty hub.
2. Invested In developlng and launchlng an Indivldual glvlng. membershlp and patrons,
scherne to Increase unresrrlcted regular fundlng.
Launched a creatlve publlc programme to attract and engage new audiences. In 2022
CHGT secured £42.Sk to support this activity from Arts Council England, London Borough
of Hounslow and English Herlrage.
4. Comm15slon placemaklng and buslness plannlng experts to set out our l O-year capital
development Identlfylng better uses for our underused and underutlli5ed bulldings and
green spaces.
Charlty Commlsslon's general guldance on publlc beneflt has been reviewed when consldering
aim5 and objectives and In planning future actlvitie5. Durlng the year CHGT contlnued to provide
free access to the gardens, whlle also managlng the operarlons of Chlswlck House and the kltchen
garden as well as dellverlng the communlty, learnlng, creatlve and volunteer programme.
Achlevements and performance 2022-23
CHCT'S grants from the London Borough of Hounslow and English Heritage were secure but only
overed 23% of total costs in the year. Pre-pandemic, m05t costs were mainly covered by tradlng
actlvitles. Durlng the pandemic, tradlng Income collapsed, so CHGT cut costs, pivoted the
business model and brldged the gap with successful fundralsing from the CRF and addltional
grants. Recovery in 2021 was slow and 2022 has been equally challenging with the comblned
Impact of changlng behaviour5 by visitors and users of the gardens, commercial partners
confldence and cost of Ilvlng crlsls Impactlng costs:
Chiswick House and the Kitchen Garden opened for paylng vlsitors from April to October
2022. Vlsltor numbers dld not grow and remained at 12,730. reflectlng the experience In
the her5tage settor. therefore admlsslons and retall Income were less than planned.

The Chiswi¢k House and Gardens T￿$t
Trustees, annual report
For the year ended J l March 2023
Large. partnered events returned and privare events. malnly weddings, have recovered to
80% of the pre-covid business. Lead times are shorter. budgets and therefore profit margln
is under pressure.
Impact of climate change on cost of cycllcal rnaintenance, small capital works and tree
management. There Is need for additlonal gardenlng staff to deliver our maintenance and
enhancement programme.
On a positive note.
There is a real demand and need for being outdoors, engaglng Wlth nature and an Interest in
local food productlon.
ThSs Is reflected In rhe success and increased demand for CHGT'5 community, learnlng and
volunteer programme. Growing Together at Chlswick House (funded by the Linbury Trust),
whlch has surpassed expectatlons,
• The work CHGT has done io increase Its charltable Impact through the community, learnlng
and volunteerlng has meant CHGT 15 more fundable through indlvldual. Statutory funders
and trusts and foundatlons.
Arts Councll, LBH Summer of Culture and Engllsh Heritage Shout Out Loud programme
funded Black Chlswlck through Hlstory and Grow FM creatlve programme5. providlng new
experlences in the House and Kltchen Garden reachlng new audlences.
Cafe takln9s were down by 8% compared to 2021122, whlch Increased due to Covid
restrlctions when other locations were closed. But footfall and taklngs were hlgher than
2019 pre-covid.
Efforts to ensu re Ch lswlck House and Gardens Is film-frlendly and proactlve marketing has
5ub5tantially increased Income from £46,53 7 for the year ended 31 March 2019 Ipre-
covidl to £212,412 In 202 3. But there is uncertainty for Immedlate future caused by the
writers and actors strike.
The Olrector wlth the senlor management team were stlll focused on pivotlng the buslness model:
l .Contlnued control of operating cosrs
2.Growth of Indlvldual glvlng and development of more sustainable fundraising
3.Optlmlsatlon of trading I ncome.. exlstlng partner and private events busine55, film location,
caterlng, admlsslons and retail
4. Development of a new strategy and clear plan for the ongolng malntenance and
enhancement of the gardens and kitchen garden
5.Continued growth of community, learning and volunteer programme
6, Unlocking the potential of our underused and underutili5ed spaces
l.Contlnued control of operatlng costs
CHGT kept a tight handle on operating overhead costs. Focus was on costs most Impacted by
cost-of-living crisis l.e. Utilities, contracts and staff costs. Work Is underway to Identlfy more
competitive and environmentally responsible utility suppliers via LBH and EH frameworks.

The Chlswlck House and Gardens Trust
Trnst••%' annual r•port
For the year ended 31 March 2023
2.Growth of Indlvldual glvlng and the development of more sustalnable fundraisin9
There wa5 a continued sharp focus on fundraising after the essential 5UPPOrt from the Culture
Recovery Fund. Indlvldual unrestricted donations were £39,990 In 2022123 compared to £40.982
2021122 wlth z 451 memberships and 25 patrons. £294.981 of grants were secured from Trust
and Foundations to fund projects ranging from Schools projects to creative programrne.
3. Optlmlsatlon of tradlng Income
CHGT continues to focus on securing long-term contracts. hlgh quality partners and getting the
balance right between commerclal events and the experlence for regular garden visltors. Private
venue hlre sale5 and catering was ouisourced to CH&Co and the mature weddlngs business Is back
to 80% of 2019. CH&Co continue to develop new offers to grow thls business. Regular Duck Pond
market. klds, sports clubs. and the shop provlde year-round Income and engagement for regular
vlsitors. The visitor experlence team and operatlon were folded Into the Commerclal team to
provide more commercial focus as seen by the growth In group tours.
Over 202212 3 CHGT welcomed 40,000 event goers, plus the Halloween Ilght trall and 2.000
guests to 24 weddln9s and corporate events whlch generated £474,921 . Visitor numbers to the
House and Kitchen Garden were 12,730 generatlng £61 .81 O admlsslons and groups Income. In
Feb 2023 a last-mlnute large-scale fllm shoot provlded slgnlflcant addltlonal Income. The café fed
330.000 people., Income was l 0% down compared to 2021122 but footfall was malntalned.
Overall, the Trading actlvlties generated £90S.535 {compared to pre-pandemic income of
£713,651 20191. The shop that opened In the House In 2021 and wlth sales of garden produce
generated £58.848 of revenue In the year.
4. Gardens
R051e Fyles, the new Head of Gardens, Jolned In Aprll 2022. She Inherlted a signlflcant backlog of
work from reduced staff and volunteer time over the pandemlc wlth the addltlonal Impact of
cllmate changes. The focus has been on smart use of our staff team, contractors and
transforming our volunteer programme so that CHGT moves from partlally malntalnlng to
Improvlng the gardens. bulldlng thelr future resillence to cllmate change, Increaslng blodlverslty
and givlng joy to visitors.
The garden team has been focussed on the most used areas of the garden and those area5 wlth
m05t historic value so that the 'whole story, of the gardens can be told. The Rosary has been
Identlfied as the 'flrst Engllsh rose garden, and Is being rejuvenated, adding to the 2010 planting,
The Itallan Garden Is now belng malntalned to a hlgher formal standard whlle Increaslng
5ucce55ional flowering for pollinator value. The staff and volunteer gardeners planted 5 5,000
bulbs and 2 5 trees and, In the shrubbery, the conservatory camellia collection is now planred In
duplicate outdoors, where it is thriving. Working closely wlth the Hounslow Food Network. CHGT
formed a partnershlp wlth Surplus for Supper setting the objective to 'donate as much produce as
we sell.. The kitchen garden produce eamr £16.664 in 2022123. Throughout auturnn and winter
22-23. kitchen garden projects have enabled slgnlficantly Increased produttivlty, Increased
opportunltles for vlsltor engagement and a more sustainable approach.

The Chi$wlck House and Gardens T￿$t
Trustees, annual report
For the year ended 31 March 2023
In 2022 the Grade I Ilsted gardens were awarded a Green Flag and Heritage Green Flag. The
Kitchen Garden was awarded a gold medal by London in Bloom.
5.Gmwlng Togetherat Chlswlck House - Communlty, Learnlng and Volunteer Programme
Community and Learnlng Programme
CHGT has made great progress towards delivering the key objectives to create a collaborative and
Inclu51ve programme that works closely wlth the local community and strengthens local
partnerships through co-developed participatory engagement. The programme 15 led by the
Community Partlclpation Manager, Head of Gardens. Community Kitchen Gardener and Kitchen
Garden Apprentlce. The three key obJectlves defined In consultatlon wlth the communlty groups
are..
l. Increase knowledge about food cultlvatlon, nutrltion, and hortlculture
2. Improve mental and physlcal health and wellbelng
3. Build confidence in accessing Chiswick House & Garden5 as a communlty hub and resource
Actlvltles take place mostly in the kltchen garden - an Insplrlng and productlve communlty space.
Over 50 community groups came together with experienced creatlve and horticultural
practltloners, the gardenlng team and volunteers to learn, share skllls, build confidence. soclallse
and enhance wellbelng. The kltchen garden team delivered weekly se551ons wlth groups,
Independently of external practltloners, as well as Inltlatlng projects wlth communlty groups.
CHGT contlnues to gather regular feedback from partSclpants and groups leader5, whlch shapes
and deflnes the co-developed actlvlty. Groups have developed a strong attachment to the gardens
and deeply value the mutual benefSts of worklng together. They choose to return tlme and time
agaln, throughoui the seasons, to experience the gardens independently, through co-developed
projects, as well as recommendlng CHGT to others, Chlswlck House & Gardens has become an
integral part of local provlders, programmes of actlvltles and events, a local resource that enriches
their offer to groups and deepenlng thelr connection to a green and historical space. CHGT has
supporfed over 3,300 partlclpants from Homestarr famllles wlth toddlers, Cavendish Primary
School puplls, Heston Blg West Local to Masbro Elders and many more partners.
On a personal andprofesslonal level. It has been both a pleasure and a
Pri￿lege to work with CH&G on these projects. The co-producrlan approach
and Instlnctlve understanding of communlty outreach and facilitation has
brought about a real appreciarlon of how community qmup5 function and
what 15 needed to bring about meanlngful engagement with these gmups.
Group Leader - Masbro Elders Project
Over the last tJYo years the programme activity has;
Deepened partnerships with community partner5, creative collaborator5 and confidence In
the co-deslgn methodology. Projects including cooklng, wellbeing and creailve activities in
the Kitchen Garden and learnlng room Including a 2-year project wirh Cavendish Primary
School working with every pupil to develop their connection5 Wlth nature and confldence In
accessing the gardens.

Th• Chljwltk Houxe and Gardeng Trnst
Truth•s' annu￿ r¢port
For the year ended 3 l Mw¢h 2023
Increased gardenlng acilvlty and horticultural offer with the support of the kltchen gardeners
and apprentice enabllng the pllotlng of gardening tO9ether sessions wlth Queensmill and
London SEN Parents.
Enriched Interpretation and explorln9 dlverse hlstorles wlth the support of English Herltage
Shout Out Loud grant we continued our Black Chlswlck through Hlstory research proJec¢
culmlnatlng In new dlsplays worklng wlth Chlswlck School and Hogarth Youth Communlty
Trust.
Creatlve programme
Grants from the Arts Councll England and London Borough of Hounslow Summer of Culture
funded Grow FM summer programme whlch explored the theme 'communlty as health, whlch
featured commlsslons from local and internatlonal artlsts and roamlng pop-up radio station
broadcastlng from Chlswlck House & Gardens. The programme was curated by Ylnka Danmole
and Tadeo Sendon. Over the Summer CHGT worked wlth 18 creatbve practltloners, tralned 3 young
people to produce thelr own radlo programmes. reached over 5,741 Ilve audlences and 5,900
dl9Stal audlences. These audlences were younger and more dlverse than the dally vlsltor.
Volunteer programme
More than 180 volunteers contrlbuted Just undef l 0,000 hours wlth contlnued growth In a
vounger demographlc (35 to 49 years old). Roles and opportunltles are now expanded to offer
more flexlblllty and varylng depths of contrlbutlon, from one off plantlngs to ongolng cultlvatlng
and haNestlng In the Kitchen Garden, outdoor ranglng to bee keeplng. vlsltor welcome to tour
guides and archlvlsts. CHGT also Introduced speclallst volunteer roles provldlng opportunltles for
more confldent speclallst skllled Indlvlduals to take ownershlp of certaln areas. Thls has been very
successful as seen by the transformatlon of the Rosary. As we expand our charltable activltles, we
wlll also create new volunteering opportunltles. Our obJectlve Is to grow and dlverslfy our
volunteer cohort. provlde opportunltles for sk1115 development, soclallslng, and wellbelng. We are
projectlng an Increase In volun¢eerlng hours by l 0% year on year.
6. Unlocklng the potent1￿ of our underusod and underutlllsed spaces
The Placernaklng Plan (known as Cedar Yards} was flnallsed In Aprll 2022 and set out a l O-year
capStal development plan of four phases. London Borough of Hounslow's Thrlvlng Communltle5
Capllal Fund funded the appolntment of We Made That and Counterculture to continue thelr work
and develop the flrst two phases of RIBA Stage 3 proposals.
These first two phases wlll bulld on the success, evldence and experlence of our communlty
partlclpatlon, creatlve and volunteer programme and has been developed In consultatlon wSth our
communlty, school partners, creatlve practltloners, volunteers and thelr needs. Our objectlve Is to
estab115h a programme of actlvltles reachin9 10,000 communlty partlcipants, 8.000 children and
provide over 2,000 more hours of volunteering opportunlty. The project will repurpose unused
and underused spaces to create new 5UStainable and energy-efflcleni zones to include-
A multi-purpose Leamlng Hub and Fruit Garden for our communlfy and schools, actlvitles
New faclllties for our volunteers

The Chiswick House and Gardens TN*t
Trustees, annual rnport
For the year ended 31 March 2023
A Creatlve Campu5 for local artists. makers and artisans building on our 300-year history of
bui It and natural creatlve design.
During the year CHGT ralsed £15 3,774 and contrlbuted a further £32,790 to fund thi5 project to
RIBA stage 3. CHGT alms to submit for plannlng in September 202 3.
The next phase of the capltal development plan Is to Inltiate a project to renew the Conservatory in
partnership with LBH.
Wlth Thanks
The Trustees are deeply thankful for all the Incredlble hard work of thelr dedlcated volunteers and
staff and 51gnlflcant fSnanclal support from mem ber5 and patrons, London Borough of Hounslow.
Eng115h Herltage, The Llnbury Trust, Thrlvlng Communltles Fund. Chlswlck House Frlends, Kusuma
Trust, The Wates Foundatlon, Schroder Charlty Trust, Art Fund and all of our generous donors.
Summary
CHGT has contlnued to focus on plvotlng the buslness model as part of p05t Covld recovery. As
well as engaglng wlth Core stakeholders LBH and EH to Identlfy future support to enhance CHGr
reslllence and longer-temi vlablllty. The communlty engagement programme has contlnued to
grow. worklng ￿th more communlty partners to dellver a broader range of outputs and Impact
from gardenlng for wellbelng to creatlve artlvltles. The gardenlng t&wn have moved frorn partlally
malntalnln9 to Improvlng the garden$. bulldlng thelr future re5111¢nce to cllmate change.
Increaslng blodfverslty and glvlng Joy to ￿sItOrS. CHGf volunteers are back In force supportlng
across all areas of work. The groundworkls fully undenyay to reallse new capltal projects whlch
wlll not only enhance CHGf's raslllence but a150 deepen communlty and soclal ImpacL
Impact
l. The gardens are open free of charge ro the publlc 365 days each year from 7am untll
dusk.
2. Welcomed I mllllon vlslts. malnly from the local area as well as across the UK., from
families, dog walker5, comlng ro vlslt the House and Kltchen Garden. Joggers or slmply
comlng for a walk.
3. Serrfed coffee, tea and fed cSrca 330,000 people in the café.
4. 40.000 event goers from across London to enjoy the Summer and Spring programme of
mu51c. film. food. walks and ialks.
5. 12,730 visitors ro Ihe House and Kltchen gardens - awarded Trlpadvlsor 2023
Travellers. Choice.
6. H05ted 24 weddlngs and private events for 2,000 guests.
7. Planted 55.000 bulbs and 2 5 trees, cared for 1 ,800 trees. 65 acres of formal garden5,
lawns and woodland. a lake and pond. all home (o a range of wildlife from waterfowl,
bats, hedgeho95 to mlnlng bees.

The Chlswlck House •nd Gardens Trnst
Tvwt••$' annual report
For the year ended 31 March 2023
8. Undertook hedgehog and bat suNeys across ihe gardens and a detailed environmental
survey of the 'frult garden,.
9. 3,300 partlclpant5 engaged in the communlty programme from over 50 communlty
groups and schools mainly from the London Borough of Hounslow and London Borough
of Hammersmith and Fulham.
l O. More than 180 active volunteers who worked l 0,000 hours.
I Worked with 31 artists, creative, learnlng and horticultural practltloners and three chefs
to deliver the creatlve. community and learnlng programme.
12. The garden now operate5 peat free in all areas, glyphosate use has been substanrially
reduced.. now only used to control alien, Invaslve species under Envlronmenf Agency
Guidellnes. Selectlve weedklllers are no longer used in turf management and synthetlc
fertlllser use has been reduced to one appllcatlon only on sports turf Icrlcket). Mowln9
of Informal grass areas has been reduced. Lake margins are managed for polllnators
and habltat, wlth active reductlon of dominant. alien species. All planting declslons are
taken wlth wildlife habltat, Improvement of blod5verslty and cllmate change In mlnd.
3. Pro-active approach 10 Iltter mana9ement has reduced Iltter by 50% left by v151tors In
the gardens back to pre-covld levels.
Flnanclal revlew
The prlnclpal fundlng source for the malnrenance of the Gardens Is the London Borough of
Hounslow ILBHI and for the malntenance of the House Is Engllsh Herltage. Durlng the year
addltional grants were recelved from the LBH towards the Cedar Yards Placemaklng project and
towards repalrs to the Consebvatory. English Herltage Shout Out Loud programme provlded funds
towards the Black Chi5wick through Hlstory project. In addltlon. In the year grants were recelved
from a number of charltable foundatlons, Includlng.. The Llnbury Trust, Chlswlck House Frlends,
The Wates Foundatlon, Schroder Charlty Trust and Arts Fund.
Income for the year was £1 ,888,790 (2022 - £1,681 ,8281, an Increase of £206,962 112%).
Tradlng Income showed further recovery from the previous year, increaslng to £905.535 from
£647,779. The increase was due to an upllft In fllming Income mainly due to lasi mlnute large-
scale booklng plus a recovery In wedding and corporate Income. Caterlng and car park Income
were both down by l 0% and 20% respectively. with the end of Covld re5trictlon5 resulting In more
competing options available to the public. Grant income from Trusts and foundatlons was
£383,875 whSch Is an Increase of 20% on the prevlous year. if the Cultural Recovery Grant is taken
oui whlch was speclfic to the recovery from Covid period. Unrestricted Individual donations were
at a slmllar level to the previous year. Income from admisslon5 was £61 .810 up from £41822 the
previous year due to the House being open for longer and rhe return of prlvate tour groups.
Total expenditure wa5 £1,828.008 12022 -£1 ,616,748), an increase of £211.260.
Staff costs increased by 27% to £74795 3 from the previous year. whlch was malnly due to:
An InC￿aSe in staff numbers In the commerclal team to manage the Increased activity.
Full-time staffing of the new communlty prograrnrne including a communlty partlclpation
manager and a kitchen garden apprentlce funded by the Llnbury Trust.

The ChlwAck Howe and Gardens Trnrt
Trustè•s' annual r•port
For the year ended 31 Mavch 2023
Additional gardening staff.
A full year for some support staff roles ihat were recruited part-way through the prevlous
vear.
Annual payrlses that were impacted by inflatlonary pressures.
Trading and the cost of ralslng funds Increased to £564,705 from £418,489 In the prevlous year
which wa5 rnalnly due to direct costs incurred enabling the events programme and marketing
expendlture.
Garden management COSt5 were In line with previous years.
House management costs decreased to £266,007 from £278,219. This Is malnly due to lower
project costs compared to the previous year when the House was reopened.
Support costs, coverlng central staff, flnance. IT and HR. Increased year on year due, In part, to the
appolntment of a Head of Finance part way through the prevlous year. The increase In utility costs
had an Impact along wlth the general Increase In actlvlty.
The Cedar Yard project commenced in the year, £60,440 was capitallsed as assets under
constructlon relatlng to inltlal plannlng costs. The £78,287 of costs relatlng to Cedar Yards
Included In expenditure has been split based on head count between Ralslng Funds, Estate
Management and Community Programme.
The net result was a surplus of £60,75 2 (compared to 2022 surplus of £65,080).
At the year-end, net a55ets representlng funds held were £572.25 7 (2022 - £499,494). an
Increase of £ 72.763 115%) from the posltlon a5 of 31 March 2022.
Income Is generated In the tradlng subsldlary, Chlswick House Trading Company Limited, whose
maln purpose Is tradlng whlch Sncludes venue hlre for weddlngs and prlvate events, partner events
in the gardens. filming, retail and includes the cafe franchise.
Reserves
Total consolidated reserve5 a5 of 31 March 2023 were £743.593 131 March 2022 - £682,840) and
are analysed between restrlcred and unrestricted funds In note 17a to the accounts. commentary
for the year is included In the financial review.
In order to achieve an improved presentation to a5SiSt in the understanding of our financial
position the items in the Restricted funds that relate to fixed assets have been transferred to the
unrestricted designated fund for fixed assets. The transfer was for £162,333. The restricted fund
decreased to £120,202 131 March 2022 -£224,002). this now represents only funds to take
foNard to be allocated to restricted project expenditure.

The Chlxwlck Houx¢ and Gardens T￿>t
Tru$t••s' annual report
For the yéar end6d 31 March 2023
Unrestricted funds increased to £62 3,391, 131 March 2022 £45 8,8381. Within these funds are
designated funds for fixed assets representing reserves that are not available for operational
expenditure £171 .336 131 March 2022 £67,373), the maln reason for the Increase Is rhe transfer
of amounts prevlously included to cover fixed assets in the restricted funds. In additlon. there are
designated funds for planned future project5 by CHGT of £15,000 (31 March 2022 - £15,000) for
the Cedar Yards Placemaking project,
The general funds. which are free reserves, increased to £437,05 5 (31 March 2022 - £3 76,4651.
CHCT trustees review thelr reserves pollcy to ensure It Is reallstlc and appropriate. The purpose of
the general funds in reserves is to enable CHGT to address the major risks attached to future
Income and expendlture. as well as the need to hold funds for strateglc and Ilquldlty purposes.
The policy is to retain at least three months of general expenditure based on a level of three
months of future forecast essentlal expendlture dlscounted to take account of the mlnlmal rlsk
attached to Income from prlnclpal funders Ilncludlng London Borough of Hounslow and Eng115h
Herlrage Trust) as well as other commercial income from the cafe, rental propertle5 and secured
bookSngs. In the current year, the mlnlmum level 15 estlmated to be £141 ,000131 March 2022
£147,000), the lower flgure 15 due to the greater certalnty relatlng to commerclal Income that was
not rhe case last year. At the 31 March the general reserve was £43 7,05 5. The reserves pollcy
will be reviewed annually.
Prlnclpal rfsks and uncertalntles
CHGT Trustees have a duty to Identlfy and revlew the r15k5 to whlch CHGT15 exposed and to
ensure approprlate controls are in place to provlde reasonable assurance agalnst fraud and error.
The rlsk reglster Is revlewed regularly by the Senlor Management Team (SMTI and submltted to
Trustees at each Trustees. meeting.
The prlnclpal rlsks currently faced are- the105s of income and its impact on the golng
concern caused by the cost-of-llvlng crisis and external events, as well as the potentlal
Impact on Income generatlon from the Conservatory due to its deterioratlon.
Cost of Ilvlng cr1315
There continues to be significant economic uncertalnty due to macro factors, Including
Inflatlon, Increaslng Interest rate rise5 cau5in9 the contlnulng cosr of Ilvlng squeeze thai
will impact costs and consumer demand. Inflatlon Is comlng through in all cost areas.
To be able to addre55 this. we are monitorlng our projectlons based on assumptlons that
we currently conslder reasonable, but we are living through volatile tlmes so our
forecasrlng may not be as reliable as we would wlsh. We are havlng regular meetings with

The Chiy*4ick House and Gardens Trust
Tnthe$' annuJl report
For the year ended 31 March 2023
our key contract holders. so we are aware they are being adversely impacted by the
economic situation and act if required.
We are confident that the financial support from the London Borough of Hounslow and
Engllsh Heritage is not at risk in 202 3124, and this provides a secure source of funds for
essentlal maintenance of the House and Garden5. We are also in continuing conversations
with these parties regardlng additlonal financial asslstance.
Energy costs have been a particular area of concern. Actlons are belng taken with the
support of both English Herltage and London Borough of Hounslow to ensure CHGT
benefits from the greater buying power of those organisatlon5 in order to optimise the
tarlffs incurred for energy supply.
Cedaryards
The Cedar Yards project Is signSflcant for CHGT and It Is key that the work5 are closely
budgeted. monitored, and that fundralslng is succe55ful.
Malntenance
Although the cosr of any work to the Conservatory Is the responsibility of the London
Borough of Hounslow, the deterloratlon of the structu re has155ues for CHGT In terms of
Health and Safety and the potentlal1055 of Income as a venue. Repalrs were carrled out In
January 2023, but the deterioraiion has contlnued due to adverse weather. There are
ongoing conversatlons Wlth the London Borough of Hounslow about it's future.
Keeping on top of essentlal malntenance works acros5 a herltage estate wlth Ilmiied
resources requlres constant review. Engllsh Herltage have commlssloned a qulnquennlal
suNey in 2023 which will identify any medium to long term malntenance requirements for
Chiswlck House. CHGT Is engaging with the London Borough of Hounslow to carry out a
condltlon survey of the LBH bulldlngs, infrastructure and ground5 to enable Improved
plannlng for maintenance works across the wider estate.
The estate houses thousands of trees, at least 1 ,800 of these have a glrth of 75cm or more,
which puts them at a higher risk for damage from the elements. The gardening team carry
out an annual tree survey, with regular revlews, to mitigate danger and maintain the trees in
a safe conditlon. In addition to thls, the slte monitors wlnd speeds
If the wind speed
exceeds 40mph then the Gardens are closed to the publlc to ensure that they are protected
from any damaged trees or falling limbs.
People
Safeguarding risk has increased as CHGT manage5 a busy programme of community and
school groups activltles on site as well as engaging wlth a large team of volunteers. In order

The Chlswltk House and Gardens Trurt
Tru$te•s' annual report
For the year ¢nded J l March 202J
to manage rlsk In this area CHGT have irnplemented a safeguarding polScy that requires DB5
checks. staff training and other measures.
Strurture, governance, and management
The Chiswick House and Gardens Trust is a Charltable Company Limited by Guarantee,
Incorporated on 6 July 2004 and reglstered as a charity with the Charlty Commission on 27 Aprll
2005. The Company was established under a memorandum and artlcles of assoclatlon whlch 5efs
out the objects and power5 of the Company and Its governance. In the event of rhe Cornpanv
being wound up, members are required to contribure an amount not exceeding £ l O,
All trustees glve their time voluntarily and recelve no beneflts from the charlty. Expenses
reclaimed are disclosed in note 7 to the account5.
Trustees of the Charlty are also dlrectors of the Company for the purposes of charlty law.
Appolntment of trustees
In accordance with the artlcles of assoclatlon and the recommendatlons of the Independent revlew
of CHGT'S governance approved by the board on 28 February 2019, the chalr of the board Is
appolnted by Engllsh Herltage and London Borough of Hounslow Jolntly. They may each appolnt a
further tsvo trustees. The Board may appolnt additlonal trustees In accordance wlth the
artlcles. The total number of trustees. Includlng the Chalr, shall not exceed eleven. All
appolntments of trustees, Includlng the Chair, Shall be for a term of four year5 which may be
renewed for a further four years.
In addltSon, two Co-opted Trustee5 have been appolnted for four-year terms,. Ellzabeth Smlth and
Jlmmy Welr, who heads the Development Committee.
Organlsatlonal strutture
The Board of Trusiees admlnisters the Charlty and Is responsible for Its strateglc direction and
policy. The Board meets quarterly and comprlses the member5 listed on page l of this report.
The prlnclpal sub-comm lttee Is the Flnance, Audit and Risk Committee which is made up of a
mlnlmum of three trustee5 Wlth specialist expertlse and the Dlrector. The Finance, Audit and Rlsk
Committee meets In advance of a Board Meetlng and at other tlmes as and when requlred. There
Is also a Heritage and Gardens Advlsory Panel and Development Committee. All these have trustee
representatlon.
The Board has delegated day-to-day management to Xanthe Arvanltakis. Director, and the other
key management personnel listed on page 2.
Trustee Inductlon and tralnlng
New trustee5 meet the Chair and the Chalr of the Flnance. Audit and Risk Committee as well as the
Director and senlor Siaff before their flrst meeting. In addition, they are given a welcome pack of

The Chi$vA¢k House and Gardens Trnst
Trustees, annual report
For the year ended 31 March 2023
Information about the organisation and a copy of the Charity Commisslons, guldance for becoming
a new trustee (Charity Commisslon document ref- CC31.
Related parties and relarlonships wlth other organlsatlons
English Herltage and the London Borough of Hounslow are both related parties. In addition to thelr
role in appointln9 trusrees, see above, Chiswick House was previously managed by English
Heritage Trust, and the Chiswick House Gardens are owned by the London Borough of Hounslow.
On 6 Aprll 2017. Chi5wick House and Gardens Trust took over the operational management of
Chlswick House from Engllsh Heritage under a Local Management Agreement which was renewed
for 10 years in June 2022.
In Aprll 2010, the Charlty assumed the management of the Gardens on behalf of the London
Borough of Hounslow pending a 99-year lease, which was signed In May 2013. The Charlty also
assumed Ilmited operailonal functions wlrhln Chiswick House, in 201 O, includlng education,
volunteerlng, and hospltallty. Both events followed a major restoration of the hlstoric landscape
and improvemenf to visitor facilities (by CHGT and the related partles) made posslble by a
substantlal grant from the Natlonal Lottery Herltage Fund and other fundralsed donatlons.
Remuneratlon pollcy for key management personnel
CHGT'S approach to remuneration is to base Salaries on those paid for comparable Jobs In the
sector and to revlew the slze and scale of the role In conjunction with the organlsatlon. Annual
Increments are paid related to the golng rate In the charlty sector and the economy as a whole and
subject to affordablllty. A non-penslonable bonu5 may be paid for exceptional performance In the
year.
Pollcy for employment of dlsabled persons
CHGT advert15es all Job vacancies and there are no restrlctlons for the applicants. CHGT wlll not
discrlmlnaie because of age, dlsabllity. gender reasslgnment. marrlage and clvll partnershlp,
pregnancy and maternlty, race (which Included colour, natlonallty and ethnic or natlonal origl nsl,
religion or belief, sex, or sexual orienrarlon. It will not dlscrlminate because of any other irrelevant
factor and will build a cu Iture that values merltocracy, openness, fairne55. and transparency. The
Estate Yard, garden building5, gardens and offices are fully acce551ble. In the Kitchen Garden
raised beds have been Introduced to ensure that all volunteers and staff are able to garden. Should
a member of staff become disabled, any and all reasonable adjustments aro made to enable them
ro work.
Fundralslng
CHGT uses it5 own staff to provide fundralsing activities wlth Individual donors as well as Trusts
and Foundations. CHGT has complied with all fundraising regulation5 during the financial year and
has received no complaints regardlng Its fundraising actlvlties. CHGT will only approach
individuals who have expressed an interest In becoming a donor through one of it5 initiatlves such
as the membership and Patrons Scheme or memorial benches.

The Chlswlck House wd Gardens Trust
Trustees, annual r•port
For the year endèd JI March 2013
Statement of responsibilltles of Trustees
Trustees (who are also directors of Chlswlck House and Gardens Trust 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 Iunited
Kingdom Generally Accepted Accountlng Practice).
Company law requlres Trustees to prepare flnanclal statements for each financial year which give a
true and fair view of ihe state of affalrs of the charitable company and group and of the Incoming
resources and applicatlon of resource5. Including the income and expendlture. of the charltable
company or group for that period. In preparlng these financial statements. Trustees are requlred
to..
Select sultable accountlng pollcies and then apply them consistently
Observe the methods and prlnciple5 in the Charitles SORP
Make Judgements and estlmates ihat are reasonable and prudent
State whether appllcable UK Accountlng Standards and statement5 of recommended practlce
have been followed. subject to any materlal departures dlsclosed and explalned In the
flnanclal statements
Prepare the flnanclal statemenrs on the golng concern bas15 unless It Is inapproprlate to
presume that the charity wlll continue In operailon
Trustees are responslble for keeplng adequate accountlng records that dlsclose wlrh reasonable
accuracy at any tlme the flnanclal posltlon of the charltable company and enable them to ensure
that the flnanclal statement5 comply with the Companles Act 2006. They are also responsible for
safe9uardlng the assets of the charltable company and group and hence for taklng reasonable
steps for the preventlon and detection of fraud and other Irregularltles.
In 50 far as Trustees are aware..
There Is no relevant audlt Informatlon of whlch the charltable company's audltorls unaware
Trustees have taken all steps that they ought to have taken to make themselve5 aware of any
relevant audlt Informatlon and to establish that the audltor Is aware of that Informatlon
Trustees are responsible for the maintenance and Integrity of the corporate and financlal
informatlon Included on the charitable company's webslie. Leglslatlon in the United Kingdom
governing the preparatlon and dlssemlnation of flnancial statements may dlffer from legislation In
other JurlsdlctiOn5.
Member5 of the charlty guarantee to contribute an amount not exceeding £1 O to the assets of the
charlty In the event of winding up. The total number of such guarantees on 31 March 2020 was I I
12018: 161. Trustees are member5 of the charity. but this eniltles (hem only to voting right5.
Trustees have no beneficlal inreresi In the charity.
Auditor
Sayer Vlncent LLP was re-appointed as rhe charitable company's auditor during the year and has
expre55ed its willingness to continue In that capacity.
16

The Chiswick House and Gardens Tnist
Trustees, anDyal report
For the year ended 31 March 2023
Tru5tees' annual report has been approved by Trustee5 on 22 September 2023 and signed on thelr
behalf bv
SlafAlexander
Chair

Independent audltorfs report
To the members of
The Chlswlck House and Gardens Trust
Opinion
We have audlted the financial statements of The Chlswick House and Gardens Trust (the 'parent
charltable company'l and its subsidiary (the 'group'} for the year ended 31 March 2023 whlch
comprise the consolidated statement of flnanclal actlvlties. the group and parent charitable
company balance sheets, the consolldated statement of cash flows and the notes to the flnanclal
statements. Including a summary of slgnlflcant accounting policies. The financial reportlng
framework that has been applled in their preparation is applicable law and Unlted Klngdom
Accounting Standards, including FRS 102 The Financial Reporting Srandard applicable in the UK
and Republlc of Ireland (Unlted Kingdom Generally Accepted Accountlng Practlce).
In our oplnlon. the flnanclal statements..
Glve a true and fair vlew of the state of the group's and of the parent charltable company's
affaSrs as at 31 March 202 3 and of the group's incoming resources and appllcation of
resources, includlng Its Income and expenditure. for the year then ended
Have been properly prepared In accordance wlth Unlted Klngdom Generally Accepted
Accountlng Practlce
Have been prepared In accordance with the requlrements of the Companles Act 2006 and
the CharSiles Aci 2011
Basis for opinion
We conducted our audlt In accordance wlth Internatlonal Standards on Audltlng IUK) (ISAS IUK))
and appllcable law. Our responsibllltles under those standards are further described In rhe
Auditor's responsibilitles for the audlt of the group financial statements sectlon of our report. We
are independent of the group and parent charitable company In accordance wlth the ethlcal
requlrement5 that are relevant to our audlt of the flnanclal statements In the UK, Includlng the
FRC's Ethical Standard, and we have fulfilled our other ethlcal responslbllltles In accordance wlth
these requirements. We belleve that the audlt evldence we have obtained Is sufficlent and
approprlate to provlde a basls for our opinlon.
Conclusions relating to going concern
In audltlng the flnanclal statements, we have concluded that Trustee5' use of the golng concern
basis of accounting in the preparatlon of the financial statement5 15 appropriate.
Based on the work we have performed, we have nor Identified any material uncertalntles relatlng to
events or condltions that. indlvidually or collectlvely. may cast 5igniflcant doubt on The Chlswlck
House and Gardens Trust's ablllty 10 conrlnue as a going concern for a period of at least twelve
months from when the financlal statements are authorised for issue.
Our responsibilitie5 and the responsibllities of Trustee5 Wlth respect to going concern are
described in the relevant Sections of this report.

Independent auditor's report
To the member5 of
The Chlswlck House and Gardens Trust
Other Information
The other information comprises the informatlon included in Trustees, annual report, other than
the group financial statements and our auditor's report thereon. Trustee5 are re5pansible for the
other informatlon contained within the annual report. Our opinion on the group flnancial
statements does not cover the other informatlon, and. except io the extent otherwise explicitly
stated in our report, we do not express any form of assurance conclusion thereon. Our
responsibility is to read the other Informatlon and. In dolng so, conslder whether the other
Informatlon Is materially inconsistent wlrh the group financlal statements or our knowledge
obtalned In the course of the audit or othemlse appears to be materially misstated. If we identify
such materlal Inconsistencles or appareDI material misstatements. we are requlred to determine
whether Ihis give5 rlse to a materlal mi55tatement In the group financlal Statements themselves. If,
based on the work we have performed, we concl ude that there Is a materlal mlsstatemenc of thls
other Information. we are required to report that fact.
We have nothlng to report In th15 regard.
Opinions on other matters prescribed by the Companies Act 2006
In our opinlon, based on the work undertaken In the course of the audlt..
The Informatlon given In Trustees, annual report for the financial year for which the financlal
statements are prepared Is conslstent with the flnanclal statements
Trustees, annual report, Includlng the strateglc report has been prepared In accordance wlth
applicable legal requlremenrs
Matters on which we are required to report by exception
In the light of the knowledge and understandlng of the group and the parent charltable companv
and their environment obtained In the course of the audit, we have not Identlfled material
misstatements in Trustees. annual report.
We have nothlng to report In respecr of the following matters in relatlon to which the Companles
Act 2006 and Charitles Act 2011 requlres us to report to you if. In our oplnlon..
Adequate accounting records have not been kept by the parent charitable company, or
returns adequate for our audit have not been received from branches not vlslted by us-. or
The parenr charitable company financlal statements are not in agreement wlth the
accountlng records and returns- or
Certain disclosures of trustees, remunerarlon speclfled by law are not made., or
We have not recelved all the information and explanarions we require for our audlt; or
The directors were not entitled to prepare the financial statements in accordance with the
small companie5 regime and take advantage of the small companles. exemptions in
preparlng Trustees. annual reporr and from the requirement to prepare a strategic report.

Independent audltorfs report
To the members of
The Chlswlck House and Gardens Trust
Responsibilities of trustees
As explained more fully in the statement of trustees, re5ponslbllltles set out In Trustees. annual
report, Tru5tee5 (who are also the directors of the parent charltable company for the purposes of
company law) are responslble for the preparatlon of the flnanclal statements and for being
satlsfied that they 9ive a true and falr view. and for such Internal control as Trustees determlne Is
nece55ary to enable the preparation of financial statements that are free from materlal
misstatement, whether due to fraud or error.
In preparing the flnanclal statemenrs, Trustees are responsible for assesslng the group's and the
parent charltable company'5 ablllty to continue as a going concern, dlsclosing, as applicable,
matter5 related to going concern and using the golng concern basi5 of accountlng unless Trustees
elther Intend to liquldate the group or the parent charltable company or to cease operatlons, or
have no realistic alrernatlve but to do so.
Auditor's responsibilities for the audit of the financial statements
We have been appolnted auditor under the Companles Act 2006 and secrlon I S l of the Charltes
Act 2011 and report In accordance wlth those Acts.
Our objectlves are to obtaln reasonable assurance about whether the flnanclal sratements as a
whole are free from materlal mlsstatement. whether due to fraud or error, and to issue an
audltor's report that includes our opinion. Reasonable assurance Is a high level of assurance, but
Is noi a guarantee that an audlt conducted In accordance wlth ISAS (UK) wlll always detect a
materlal mlsstatement when It exlsts. MIs5tatements can arlse from fraud or error and are
consldered materlal If. Indlvldually or In the a9gregate, they could reasonably be expected to
Influence the economlc declslons of users taken on rhe basls of these financial statements.
Irregularities. including fraud, are instances of non-compllance wlth laws and regulatlons. We
design procedures In Ilne wlth our re5ponsiblllties, outllned above, to detect materlal
mlsstatement5 In respect of Irregularltles, Includlng fraud. The extent to whlch our procedures are
capable of detectlng Irregularltles. Includlng fraud are set out below.
Capabil ity of the audit i n detecting irregularities
In Identlfylng and assesslng risks of material misstatemenl in respect of irregularities, including
fraud and non-compliance with laws and regulations, our procedures included the followlng..
We enquired of management, the Finance & Audlt Commlttee and the Board of Trustees,
which included obtaining and revlewing sUPPOrtlng documentatlon, concerning the group's
policies and procedures relating to-
Identlfylng. evaluatlng, and complying wlth laws and regulations and whether they were
aware of any instances of non-compliance.,
Detecting and responding to the risks of fraud and whether they have knowledge of any
actual, suspected. or alleged fraud.,
20

Independent audftorfs report
To the members of
The Chlswlck House and Gardens Trust
The internal controls establlshed to mitigate r15k5 related to fraud or non-compliance
wlth laws and regulatlons.
We Inspected the minutes of meetlngs of those charged wlth governance.
We obiained an understanding of the legal and regulatory framework that the group
operates In, focusing on those laws and regulations that had a material effect on the
flnanclal statements or that had a fundamental effecr on the operations of the group from
our professional and sector experlence.
We communlcated appllcable laws and regulatlons throughoui the audlt team and remalned
alert to any indicatlons of non-compliance throughout the audlt.
We revlewed any reports made to regulators.
We revSewed the flnanclal statement dlsclosures and tested these to supportlng
documentatlon to assess compliance wlth appllcable laws and regulatlons.
We performed analytlcal procedures to Identlfy any unusual or unexpected relatlonshlps that
may Indlcate rSsks of material misstatement due to fraud.
In addresslng the rlsk of fraud through management overrlde of controls, we tested the
approprlatene55 of Journal entrles and other adjustments. assessed whether the Judgement5
made In maklng accountlng estlmare5 are Indlcatlve of a potentlal blas and tested slgnlficant
transactions that are unusual or those outslde the normal course of bu51ness.
Because of the Inherent Ilmltatlons of an audlt, there Is a rlsk that we wlll not detect all
irregularltles, Including those leadlng to a materlal mlsstatement In the financial statements or
non-compllance wlth regulatlon. Thls rlsk Increases the more that compllance wlth a law or
regulatlon Is removed from the events and transactlons reflected In the flnanclal statements. as we
will be less likely to become aware of Instances of non-compllance. The rlsk Is a150 greater
re9ardlng Irregularities occurrlng due to fraud rather than error, as fraud Involves Intentlonal
concealment, forgery. collusion. omlsslon or mlsrepresentation.
A further descrlptlon of our re5ponslbllltles Is avallable on the Flnanclal Reportlng Councll's
webslte at: www.frc.or
nsi
Thls descrlptlon forms part of our audltor's
report.
21

Independent audltor's report
To the rnembers of
The Chlswlck House and Gardens Trust
Use of our report
This report is made solely to the charltable companvs member5 as a body, Sn accordance with
Chapter 3 of Part 16 of the Companles Act 2006 and sectlon 144 of the Charitles Act 2011 and
regulailons made under secrlon 154 of that Act. Our audit work has been undertaken so that we
mlghi state to the charitable company's members those matters we are required to state to theffl
In an audltor's report and for no other purpose. To the fullest extent permltted by law, we do not
accept or assume responsibility to anyone other than the charltable company and the charltable
company's members as a body, for our audlr work, for thls report, or for the opinions we have
formed.
Jonathan Orchard (Senlor statutory audltorl
Date 6 November 2023
for and on behalf of Sayer Vlncent LLP, Statutory Audltor
InvScta House. l 08-174 Golden Lane. LONDON, EC7Y OTL
Sayer Vlncent LLP Is ellglble to act as audltor In terms of sectlon 1212 of the Companles Act 2006
22

The Chlswlck House and Gardens Trust
Consolldated 5taternent of financlal attivltles Ilncorporatin9 an Income and expenditure account)
For th*
ar ended 31 March 2023
2023
Total Unrestricted
2022
Total
Unrestricted
Resirlcted
Resirlcted
Note
Income from..
Oonatlons, gran15 and legacles
Charitable activitles
Estate Mana9ement
oiher tradlng activities
Inve5tmenr5
Property rents
Other
71,416
312,459
383.875
90,982
404.037
495.019
518.765
905,535
3.380
60.48$
16.720
518,765
905,535
3.380
60.485
16.720
449.086
647,779
75
54.071
35,798
449,086
647,779
75
54,071
35,798
Total Income
1.576.301
312.459
1.888.760
1.277.791
404,037
1,681,828
Expendlturé on:
Ralsln9 fund5
Charltable 3Ctlvltles
Estate management
House management
Communlty programme
666,430
36.641
703.071
458,074
76.754
534.828
456,218
399,789
51,644
108,119
19.335
89.832
564,337
419.124
141.476
466,898
276,183
3S,947
75,266
148,537
79.089
542.164
424.720
115.036
Total •xptndiiuro
1,574.081
253,927
1.828,008
1,237,102
379.646
1,616.748
Ntt Incornt Iloufflow) for the year
2.220
58,532
60.752
40.689
24.391
65,080
Transfers between funds
162.333
1162,3331
N•t movém*mt In funds
164.553
1103.8011
60.752
40,689
24,391
65,080
Reconclllatlon of funds..
Total funds broL4ght forward
Total fundj carrled forward
458,837
224.003
682.840
418,149
199,611
617.760
623,390
120.202
743,592
4S8.837
224,003
682,840
All of the èbove results art d•rlv•d from contlnulng act1￿11¢$. Th•ri were no other rncognlsed ga5ns or105515 ￿h¢r ih4n those slated above. Movtm*nts
n lunds are dlstlosed In Nme l 8 to the flnanclal $tatements.
23

The Chlswlck House and Garden$ Trust
Balance she•ts
Company no. 05171882
As at 31 March 2023
The group
2023
The charlty
2023
2022
2022
Note
Flxed assets:
Tanglble assets
Investments
171.336
183.346
171,336
1,000
183,346
1,000
171.336
183.346
172,336
Current assets:
Stock
Debtors
Cash at bank and In hand
184,346
16.433
188,920
746,176
19,644
228,917
608,638
93,732
477,510
81,499
567,866
951,529
857,199
571,242
649,365
Uabllltles:
Credltors.. amounts fallin9 due wlthln one year
(379.2731
1357,7051
(384.761)
1449,651)
Net currnnt asséts
572.256
499.494
186,481
199,714
Total net assets
743,592
682.840
358,817
384.060
Funds:
Restrlcted Income funds
Unrestrlcted Income funds..
Deslgnated funds flxed as5et5
Deslgnated funds project5
General funds
120,202
224,002
120.202
224.002
171,337
15,000
437.054
67.373
15,000
376,465
171.337
I s.000
52,278
67,373
15,000
77,685
Total unre5trlcted funds
623,390
4S8,838
238,61 S
160,058
Total funds
743.592
682.840
358,817
384,060
Approved by the trustees on 22 September 2023 and slgned on theSr behalf bv
Sla￿AleXander
Chalr
24

The Chiswick House and Gardens Trust
Consolidated statement of cash flows
For the
ear ended 31 March 2023
Note
2023
2022
Cash flows from operating acttvities
Net income for the reporting period
las per the statement of financlal ac(Ivltles1
Depreciation char9es
Interest recelvable
60,752
65,080
74.975
(3,380>
3,211
39,997
21,567
76,010
(751
18.0891
158.8251
85,921
Oecrease I Ilncreasel In stocks
Increase I (Decrease) In debrors
Increasel(Decrease) in creditors
N•t cash provlded by operatlng acrlvltle5
197.122
160,022
Cash flows from Investlng actMtle$:
Interest receivable
Purchase of flxed assets
3,380
162,964)
75
12,8321
Net cash lused In) Investlng actlvltles
(59,584)
12,7571
Chango In cash and cash equlvalents In the year
137.538
1 $7,265
Cash and cash equlvalents at the beglnnln9 of the
year
608.638
451,373
Cash and cash equlvalents at the end of the year
746.176
608,638
25

The chl5￿Ck House and Gardens Trust
Notes to the flnanclal statements
For the
ended 31 March 2023
l Accountlng policie5
a) Statutory Informatlon
The Chiswick House and Gardens Trust ICHGT) is a charbtable company limited by guarantee and is incorporated In
England.
The registered office address Is The Chi5wick House and Gardens Trust, The Estate Office, Chlswlck House.
LONDON. W4 2QN.
b) Basls of preparatlon
The financial statements have been prepared In accordance wlth Accountlng and Reportlng by Charltles.. Statement
of Recommended Practice appllcable to chariiies preparlng ihelr accounts in accordance wlth the Flnanclal
Reportlng Standard appllcable In the UK and Republlc of Ireland IFRS 1021- (Charlties SORP FRS 1021. The Flnancial
Reporting Standard appllcable in the UK and Republic of Ireland IFRS 1021 and the Companles Act 2006.
These flnanclal starements consolldare the results of the charitable company and Sts wholly-owned subsldlary
Chiswick House Tradlng Company Lid on a line by Ilne bas15. Transactions and balances between the charity and
Its sub55dlary have been ellmlnated from the consolldated flnancial statements. Balances beThveen the ￿40 entltles
are dlsclosed In the notes of the charlws balance sheet. A separate statement of flnancial actlvlrles, or Income and
expendlture account, for the charitable company liself Is not presented because the charlty ha5 taken advantage of
the exemptlons afforded by sectlon 408 of the Companles Act 2006.
Assets and Ilabllltles are inltlally recognlsed at h15torlcal cost or transactlon value unless otherwlse staled In the
relevant accounrlng pollcy or note.
c) Publlc beneflt entlty
The charlty meets the definSilon of a publlc benefit enllty under FRS 102.
d> Golng concern
The Chlswlck House and Garden5 Trust Is currenrly tradlng vlably bui the uncertaln envlronment conrlnues. Our
projections are based on a55umptions that we conslder reasonable but there contlnues to be uncertalnty. We
regularly update and revlew our forecasis and monltor reserves In Ilne wlth our reserve5 pollcy. We are mltlgatlng
our risk by contlnulng to control c05t5, worklng to dlverslfy and Increase our Income Into more stable long-term
income. In addltlon, CHGT has applled for and conilnues to apply for a serles of grants to Improve our financlal
poslilon Includlng funds from the Arts Councll and the LBH. We contlnue to recelve sufficient flnanclal help from
EHT and LBH to complete the malntenance to the House and the Gardens.
e) Income
Income Is recognised when the charlty has entiilement to the funds, any performance condltion5 attached to the
income have been met, Ir Is probable that the Income wlll be recelved and ihat the amount can be measured
reliablv.
Income from government and other grants. whether 'capital' grant5 or 'revenue' grant5, 15 recognised when the
charity has entitlement to the funds, any performance condlilons attached to the grants have been met. It Is
probable that the Income wlll be recelved and the amount can be measured rellably and is not deferred.
Income recelved in advance of the provision of a speclfted 5ervlce Is deferred untll the crlterla for Income
recognltlon are met.
26

The Chiswlck House and Gardens Trust
Note5 to the flnanclal statamants
For the
ear ended 31 March 20Z3
l Accountlng policies Icontlnued)
Donatlons of glfts, servlces and facllltles
Donated professional service5 and donated facilitie5 are recognlsed as income when the charity has control over
the item or received the 5ervlce, any conditions as50clated with ihe donation have been mei. the receipt of
economic benefit from the use by the charity of the Item is probable and that economic benefit can be measured
reliably. In accordance with the Charlties SORP IFRS 1021. volunteer ilme is not recognlsed 50 refer to the trustees,
annual report for more information about their contrlbutlon.
On receipt. donated 9ifts. professional services and donated facilities are recognlsed on the basis of the value of
the gift to the chailty which is the amount the charity would have been wllling to pay to obtaln 5ervlces or facllltles
of equlvalent economlc beneflt on the open market- a corrèsponding amount 15 then recognSsed In expendlture In
the perlod of receipt.
g) Interest recelvable
Interest on funds held on deposir is included when recelvable and the amount can be measured relbably by the
charity.. thSs Is normally upon noiification of the Inierest paid or payable by the bank.
h) Fund accountlng
Restrlcted funds are to be used for speclfic purposes as lald down by the donor. Expendlture whlch meets these
criteria Is charged to the fund.
Unrestrlcted funds are donatlons and other Incomlng resources recelved or generaied for rhe charitable purposes.
Deslgnated funds are unrestricted fund5 earmarked by the trusiee5 for partlcular purposes.
l) Expendlture and Irrecoverable VAT
Expendlturels recognlsed once there Is a legal or constructlve obllgation to make a payment to a thlrd party. It Is
probable that settlement wlll be requlred and the amount of the obligatlon can be measured rellably. Expenditure
is clas51fled under the followlng actlvlty headlngs..
Costs of raising funds relate to the costs Incurred by the charlty Induclng thSrd partles to make voluntary
contributlons ¢0 It, as well as the cost of any activltles wlth a fundralslng purpose
Expendlture on charitable actlvltles Includes the cos15 of runnlng the house, gardens and anclllary bulldlngs
and thelr a550ciaied support costs.
Irrecoverable VAT Is charged a5 a c05t a9alnst the actlvlty for whlch the expendlture was Incurred.
k) Allocatlon of support costs
Resource5 expended are allocated to the partlcular activity where (he cost relates directly to that actlvlty. However,
the cost of overall dlrettion and adminlstratlon of each actlvity, comprising the salary and overhead costs of the
central functlon. is apportioned on the following basis which are an estimate, based on staff tSme, of the amount
attrlbutable to each actlvlty,
2023
2022
Estate management
House management
Communlty Programme
Raising funds for charitable activltie5 and tradlng
Governance costs
31%
32%
33%
34%
27%
Where Information about the aims, objectlves and projects of the charity Is provlded to potential beneflciarles. the
Costs associated with this publicity are allocated to charltable expendlture.
Governance costs are re-allocaled to each of the activitie5 on the following basis whlch Is an estlmate. based on
staff time. of the amount attributable to each activity
Estate management
House management
Communlty Programme
Raising fund5 for charitable activitie5 and trading
31%
33%
34%
34%
s%
29%
27

The Chlswlck House and CArdens Trust
Notes to the flnanclal statemenis
For the
ear ended 31 March 2023
l Accountlng pollcles (contlnued)
Allocation of Cedar Yards Plact Maklng Project
Resource5 expended are allocated to the particular activity where the cost relates direcily to rhat actlvlty. However.
the cost of the Cedar Yards Placemaking project which aims to create and update spaces in rhe Estate for a range
of activities have been apportioned over ihe three areas that they will dlrectly Impact based on headcount. These
are.. Estate Management, Communlty Progiamme and ralslng fund5.
Estate management
Communlty Programme
Raising funds for charltable actlvlties and rradlng
46%
43%
Allocatlon of support costs (eontlnued)
Governance costs are the costs assoclated wlth the governance arrangements of the charlty. These c05ts are
associated with consiitutional and statutory requlrements and include any costs assoclated wlth the 5trateg1
management of the charlty'5 actlvltles.
l) Operatlng leases
Rental charges are charged on a straSght line basls over the term of the lease.
ml Tanglble flx•d assets
Items of equipment are capltallsed where the purchase prlce exceed5 £750. Depreclatlon costs are allocated to
actlvltles on the basls of the use of the related a55ets In those actlvltles. Assets are reviewed for Impairment If
clrcumstance5 Indlcate ihelr carrylng value may exceed thelr net realisable value and value In use. Major
components are treated as a separate asset where rhey have slgnlflcantly different patterns of consumptlon of
economlc beneftts and are depreclated separately over Its useful life.
Depreclatlon Is provlded at raies calculated to wrlte down the cost of each asset to Its estlmated resldual value over
Its expected useful Ilfe. The depreclatlon rates in use are as follows..
Assets under constructSon
Depreclatlon to Start when completed
Bulldlng Improvement5
l O years
IT and equlpment
3-5 years
Inv•stm•nts In subsldlarfes
Investment In Ch15wlck House Tradln9 Company Ltd. a wholly owned subsldlary of Chlswlck House and Gardens
Trusi, Is at cosi.
ol Stocks
Stock relates to Items held In the shop at the year end and are recorded at cosi prlce or net realisable value If
lower.
pl Debtors
Trade and other debtors are recognlsed at the settlement amount due after any trade dlscount offered.
Prepayments are valued at the amount prepald net of any trade dlscounts due.
s) Credltors and provlslons
Credltors and provisions are recognlsed where the charlty has a present obllgation re5ultlng from a past event that
w511 probably result In the transfer of funds to a thlrd party and the amount due to settle the obligation can be
measured or estlmated rellably. Credltors and provislons are normally reco9ni5ed at thelr settlement amount after
allowlng for any trade dlseounts due.
t) Flnanclal Instruments
The charity only ha5 financial assets and financial liabllStles of a klnd that qualify as basic financial instruments.
Basic financlal Instrument5 are initlally recognised at transaction value and subsequently measured at their
settlement value.
ul Penslons
The Trust makes payments to deflned contrlbution penslon schemes on behalf of employees. The assets of the
schemes are held separately from those of the Trust In independently administered funds. The pension cost charge
represents contributlons payable to the funds during the year. The Trust has no liability under the schemes other
than the payment of rhose contrlbution5.
28

The Chlswlck House and Gardens Trust
Notes ￿ the flnanclal statements
For the
r ended 31 March 2023
2 Incornt from domtlons, grants and legacles
2023
Total Unrestrlcted
2022
Total
Unrestricted
Restrlcted
Resirlcted
Trusts, grant5 and foundatlon5
Communlty programme trust and (
Cornmemoratlve benche5
Chiswlck House Friend5
Other Individual donatlons
5.250
224.731
65,000
16.500
229.981
65.000
16.500
26.176
46.218
40,000
268,450
110.701
12,000
308.450
110.701
12.000
i 0.000
53.868
26,176
39,990
i 0,000
40.982
6.228
12.886
71.416
312,459
383,875
90,982
404.037
49S,019
3 Incom• from charltable actlvltl•$
2023
Total Unrestrlcted Restrlcted
2022
Total
Unrestrlcted
Re5trlcted
Estate manag•m•nt (House and
Gardens)
London Borough of Hounslow
Eng115h Herlta9e Trust
House admis51ons and member5hli
348,498
62,366
87,901
348,498
82.366
87,901
317.393
63.779
67.914
317,393
63,779
67,914
Total Income from charltable
activltles
518,765
518.765
449,086
449.086
4 Income from othei tradlng actlvltles
2023
Total Unrestrlcted
2022
Total
Unrestrlcted
Re5trlcted
Restrlctèd
Weddlngs, prlvate and corporaie e
Commerclal and communlty
Catering comm15s1ons
Fllmlng & photography
Car park
Retall sales
Other
222,406
252,515
135.445
212.412
23,809
58,948
222.406
252,515
135.445
212,412
23,809
58,94B
127.180
228,599
150,270
45,129
29,927
66,674
127.180
228,599
150,270
45,129
29,927
66.674
905,535
905,535
647,779
647,779
29

In 4£$ LTh
r&JON
Ln L
I CJ
W* l Q-
i Lpm I
O￿L￿￿Or￿￿o

v¥O¢DNrJ￿0￿ffl
tyJ¢xNhiro
rfJthNNr*im I
io
r4tJ ln ty)
fftmlDO

The Chlswlck House and Gardens Trust
Notes to the financlal statemeTrts
For the
ar ended 31 March 2023
Net Income for the year
Thls Is sthted after chargin9'.
2023
2022
Depreclatlon
74,975
76.010
Audltor's remuneratlon lextludSn9 VAn.'
Audlt
Other service5
9,300
995
8,450
900
Analys15 of staff Costs. trustee remunèratlon and oxpense5. and th* cost of key management per50nn41
Siaff costs were as follows..
2023
2022
Salafles and wages
5oclal 5ecurlly Costs
Employer's contrlbuiion io denned contdbutlon penslon 5cheme5
666,291
S8,316
23,346
528,687
43.694
18.165
747,953
590.546
The followlng number of employees recelved employee beneflis lexcludlng employer penslon costs and employer's natlonal
Insurance) durlng the year bètween..
2023
No.
2022
No.
£60,000- £69.999
£70.000- E79. 999
The total employoe benefits Ilncludln9 penslon contrlbutlons and employer's natlonal Insurancel of the key managerntnt
persgnnel were £297,336 12022.. £256.8231.
Thé charity tiusiees were nelther pald nor received any other benefits from employmènt wlth the charliy ITr the yèar12022..
£nlD. No charlry trusteè rece￿ed payment for prof¢sslonal of ￿her $ervlce5 5upplled to the charlty 12022.. £nlll.
Trustee expenses were £NII12022.. £NIII
Staff nurn￿r5
Avera9e Staff Employed
2023
2022
No.
Full Tlme Equfvalent
2022
No.
2023
No.
Tradlnq and ra151no funds
Estate rnanagement
House operations
Comrnunlty
Support
12
32
24
21
32

The Chlswi¢k House and Gardens Trust
Nntps rn rhp finanrial statp.m•.nt%
For the vear ended 31 March 2023
Related party transactions
Unresirlcted donatlon5 of £l.000 were recelved from related parties 12022.. £1.0001 and re5trlcted donallons of £nil 12022=
£1261
Durlng the year the charSty received donations of £26.176 {2022.. £1 0,0001 from Chiswick House Frionds, a registered
charity. Chiswick House Frlends Is regtstered charity. and a separate entity to Chlswlck House and Gardens Trust. One
tr￿slee of Chiswick House and Garderbs Trust durSn9 the year is a150 a trustee of Ch15wlck House FrIe￿d5.
A management char9e of £106,200 12022.. £87,839> was charged by the charity to the Iradlng 5ub51dlary. Chlswlck House
Tradlng Company Ltd to cover a proponlon of central and operatlonal costs of the Group.
l O Taxatlon
The charlty Is exÈmpi from corporailon tax a5 all It5 Income 15 charltable and Is applled for charlrable purposes. The
charlty's tradlng sub51dlary Chiswlck House Tradin9 Company LSmlted d15tributes under Gift Ald avallable proflts to the
parent charlty.
Tanglble flx•d ag5•ts
The group and charini
Asseis under
8ulldln95
construction Improvemenis
IT and
equlpment
Total
Cost
Ai the start of the year
Addltlons In year
Dlsposals In the year
249,878
256,264
2,525
506.142
62,965
60,440
At the end of the year
60.440
249.878
258,789
569.107
Depreclatlon
At the Start of the year
Charge for the year
Depreclatlon on d15POsals
151.040
22.765
171,756
52.210
322.796
74.975
Al tht end of the year
Nei book value
At the end of the year
173.805
223.966
397.771
60.440
76,073
34,823
171,336
At the start of the year
98.838
84.508
183,346
All of the above assets are used for charltable purposes.
33

The Chlswlck House and Gardens Trust
Notes to the flnanclal Statements
For the
ar ondqd 31 March 2023
12 Subsidiary undertaking
The charlty owns the whole of the issued ordlnary Share capltal of Chiswlck House Tradln9 Company Ltd, a companv
registered in England. The company numbtr Is 07152064. The reglstered offlce address is The Estate Yard. Chi5wick
House, London W4 2QN.
The subsldlaryls used for non-prlmary purpose trading aaSvltles. All activities have been consolidated on a Ilne by Ilne
basls In rhe statement of flnanclal acrivitles. Avallable profits are distributed under Gift Aid to the parent charltv.
A summary of the results of the sub51dlary Is shown below..
2023
2022
Turnover
Cost of sales
905.535
1412.604)
644.280
1250,93
Gross proflt
Admlnlsiratlve éxpenses
Managemènt tharge payable to parent undertaklng
492.931
1188)
1106.2001
393,343
(5.351)
187.839
Proflt on ordlnary artlvltles before Interest and taxatlon
Interest recelvable and slmllar Income
386.543
300.153
Proflt on ordlnary actlvltles befor• watlon
386,543
300.1 $7
Taxarlon on profil on ordlnary actlvl¢les
706
Proflt for the flnanclal year
387.249
300,157
Retalned earnlngs
Total retalned earnlngs brought forward
Profit for the flnanclal year
298.781
387,249
78,971
300,157
Dlstrlbutlon under Glft Ald to parent charlty
{301.254)
80,347
Total retalned earnlngs urrlod forward
384.776
298,781
The aggre9ate ol the asseis, Ilabllltlès and reserve5 was..
Assets
595.768
{209.992)
504,162
1205.3811
R•serv•s
385.776
298,781
Amounts 0￿d tolfrom the parent undertakln9 are shown in note 15.
13 Par*nr ¢h•rlty
The parent charlty's gross Income and the results for rhe year are dlsclosed as follows..
2023
2022
Gros5 income
Result for the year
.389.973
125.243)
1.20S.731
11 $4,730)
34

The Chlswlck House and Gardens Trust
Notes to the flnanclal 5tatementS
For the
ear ended 31 March 2023
14 Debtors
The group
2023
The charlty
2023
2022
2022
Trade debtors
Other debtors
Prepayments
Accrued Income
144.532
2,429
4,303
37,656
104,138
2,718
4.400
117,661
87,462
2,135
4,135
8.309
2,205
4,400
66,585
188,920
228.917
93,732
81,499
I S Credltors.. amounts falllng due wbthln one year
The 9roup
2023
The charlty
2023
2022
2022
Trade creditors
Taxatlon and 50clal securSty
Other credlrors
Amounrs due to group undertakin9S
Accruals
Oeferred Income Inote 161
57.919
57.667
5.922
89.823
27.043
5,823
39.157
55.072
1,800
2) 5,774
35.263
37.695
74,783
12,889
1,809
296.842
60,100
3,228
37.730
220,035
64,665
170.351
379.273
357,705
384.761
449,651
16 Deferred Incom*
The group
2023
The charlty
2023
2022
2022
Balance at the beginnlng of the year
Amount released to Income In the year
Amount refunded In the year
Amount deferred In ihe year
170,351
{Z88,2831
154.144
1127.2541
17,3751
150,836
3.228
110,6361
15,470
113,9311
337.967
45,103
1,689
Balance at the end of ihe year
220,035
170.351
37,695
3.228
Comprlslnq..
Weddinqs and L7rlvate event5
Other events and prolects
86,640
133.395
67.248
103.103
37.fj95
3.228
220.03S
70,351
37.695
3,228
17a Analysls of gr0￿p net assets bovween funds {current yearl
GÈnÈral
unrestrlcted
Dèslgnated
funds
Restrlcted
funds
Total
funds
Tangible fixed a55ets
Net current assets
171,337
15,000
171.337
572,255
437.053
120.202
Net assets at 31 March 2023
437,053
186,337
120,202
743,591
35

Th* Chi5wiik House and Gardens Trust
Notes tt> the flnanclal statements
For the
ear ended 31 March 2023
7b Analysls of 9roup net assets beTr￿¢￿ funds Iprlor year)
General
unrestrlcted
De51gnated
funds
Restrlcted
fund5
Total
funds
Tangible fixed assets
Net current a5seis
67,373
I s.000
11 5,968
108.034
183.341
499.499
376,465
Not assets at 31 MaKh 2022
376,465
82.373
224.002
682.840
18a Movements In funds (current year)
At l Aprll
2022
Income & Expendlture &
galns
losses
Transfers
At 31 March 2023
Restrlcted funds..
Stables
Chiswlck House Frl¢nds'
Melon hoLt5e
Work from home support
Playground
Memorial Benches
26,97S
126,97SI
15.000
2.990
5,282
115,0001
12,9901
15,2821
16,SOO
11.861
153,774
2,668
12,000
116.5001
113,247)
173,0641
16.9531
18.5001
Publlc Prograrnme
Cédar Yards Placemakln9 Plan
Garden ProJec15 Fund
Kltchen Garden Fund
Cultural Recovery Fund Grants
Communlty Projecis
Securlty Grant
Playground Grant
Playground - Indlvldual Donatlons
Meer me at the Gates
Conservatory Fund
Chlswlck Black Hlstory Project
1,386
58.583
4.285
146.3651
92.929
3.500
24,749
4,561
29,904
11,069
5.937
33,282
124,7491
65.000
168,9541
607
129,9041
111,0691
206
i.soo
33.887
15,064
6.143
2,886
2,888
11,249
131,8961
130,9991
13,81SI
Total rostrlct•d funds
224,002
312.460
1253,9281
1162,3331
120,202
Unrestrlcted funds..
Deslgnated fund5-
Fixed asser5
Project5
67,373
I 5,000
2,525
174.9691
19251
176,408
925
7 71,337
15,000
Total de51gnated funds
82,373
2.S25
175,8941
177.333
186,337
G•n•ral funds
376,465
1,573,776
11.498,1871
115,0001
437,053
Total unre5trlrted funds
458.838
1.576,300
11,574,081)
162,333
623,390
Total funds
682,840
1,888,760
11,828.0081
743,592
The narratfve to explaln the purpose of each fund is given at the foot of the note below.
36

The Chlswlck House and Gardens Trust
Note5 to iht flnanclal statements
For th•
aar •nd•d 31 March 2023
18b Movements In funds (prior year)
At31
March
2021
Income & Expenditure &
galn5
losses
Transfer5
At 31 March 2022
Restrlcted funds..
Stables
Chiswick House Frlends..
Melon house
Work from home support
Playground
Memorlal benches
Publlc Programme
Placernaking Plan 12023 Cedar Yards Proje,
Garden Projects Fund
Cultural Recovery Fund Granis
Community Projects
Securlty grant
Playground grant
Playground
indivldual donailons
Meet me at the Gates
Re511ient funds
Exhlbltion events
31.175
14,2001
26.975
22.500
5,751
6.630
17.5001
12,7611
11.3481
112,0001
116.0001
118.7291
110,1291
1185,7641
154,4391
135,1771
12,8261
15.000
2,990
5,282
12.000
16,386
75.891
8.260
174,600
60.000
1.000
1,386
58,S83
4,285
24.749
4,561
29,904
11,069
5.937
33.282
1.421
6,154
35,913
11,000)
65,081
13,895
3,611
2.326
34,314
8.500
11,760
11,0321
18.5001
119.2411
7.481
Totil restrlcted funds
199,611
404.038
1379,6471
224.002
Unr•strlaed funds:
Deslgnated fund5:
Flxed a55ets
Projects
80.851
40000
1,700
115,1791
67.373
15.000
125,0001
Total deslgnated fund5
120.851
,700
115,1791
125,0001
82.373
General funds
297,298
1,276,091
11,221.9231
25,000
376,465
Total unrestrlcted funds
418,149
,277,791
11.237.102)
458,838
Total funds
617,760
1,681.829
11.616,7501
682,840
Purpo$4s of restrlcted funds
Restrlcied funds whlch relaie io Flxed As5et5 have been transferred to the unrestrlcied deslgnated fixed asset fund In the
veal prevlously they had been kept In the re5tricttd funds. The Restrlcted fund at the end of the year represents restrlcred
Stables
A grant wa5 rectivtd from Suez for the purpose of refurblshlng the Stable block used for learnlng se551ons and by
volunteers. This is a flxed asset and at the end of the year was rransferrtd to the Deslgnated Flxed Asset Fund.
Chlswlck House Frlends..
Molon house
Funds ralsed by Chlswick Hovse FrIe￿d$ for the purpose of resrorlng the Melon House whlch was opened in May 2015.
This is a fixed assei and at the end of the year was transsftrred to the Deslgnated Fixed Asset Fund,
Work from home support
Emergen¢y funds to IT equlpment and set up sysierns to enable staff to work from home and flexibly during th
pandemic. The amount shown iepresenis fixed assets and at the end Df the year was transferred to the De51gnated
Flxed Asset Fund.
Play9round
Funds toward5 equipment for the playground and io provlde support in the playground fundraising appeal and the
amount5 now shown relaie to rhe fixed asset element and at ihe end of the year was rransferred to the Designatated
Flxed Asset Fund.
37

The Chlswlck House and Cardens Trust
Notes to th• financial Statements
For the
ar ended 31 March 2023
18 Movement In funds (continued)
Purpos•5 of restrlcted funds
Memorlal benches
Procuremenr or refurblshment of commemoratlve garden benches including l O year bench maintenance programme and
general garden upkeep.
Publ1¢ programme
Funds ieceived from the Arts Councll and indivldual donatlons to develop and fund publlc events.
Cedar Yards Placemaklng plan
Grants from rhe Archlrectural Herltage Fund 120211, 5106 London 8ourough of Hounslow and prlvare donatlons to develop a
placemaklng plan to Identify how to optlmlse the buildlngs and ourdoor space5 to develop the reslllence of thè Tru51.
During the year work developed and has Identified three areas for development and architectural plans and plannning
siudles have been carrled out. These c05t5 totalllnq £60,439 have been capitallsed and moved to the Deslgnaied Flxed
A55et Fund.
Garden projects fvnd
Oonations recelved for speclfled garden projects.
Kltchen Garden Fund
Grants recelved to help fund kltchen garden staFf p051tlon.
Cultural Recmry Fund grant5
Cultural Recovery Fund Grant towartls the speclflc costs to Incurfed durlng the Pandemlc to SUPPOrt ihé Trust. The amount
reptesent5 fixed a55ets and has been transferred to the Deslgnated Fl¥ed Asset Fund.
Communlty projerts
Grant recelved from the Llnbury Trust towards developlng communlty gardens projects.
Securlty grant
Sl 06 from London Borough of Hounslow for securlty suNelllanct system for the House.
Playground 9rant
5106 frorn London Borough of Hounslow towards refurb15hln9 ihe playground. The sum left relate5 to the flxed a55et
element and has been transferred to the 0¢51gnated Flxed Asset Fund.
Playground - Indlvldual donatlons
Funds ralsed from Indlvidual donatlons for the refurbishlng of the playground.
Meet mt at the gates fund
Fundln9 received from ihe Kusuma Trusr. the Royal Hortlcultural Soclety and other donatlons towards rhe development and
pro9rammes for th* Gardèns entrance areas.
ConseThatory Fund
A grant recelved from the London Borough of Hounslow towards fundlng the work5 to slow the deterloratlon of the
ConseNatory.
Chlswlck Black Hlstory ProJt¢t
Fund5 recelved from English Hèrltage Trust towards fundlng further projects relating to Black h15tory at Chlswlck Houst.
Roslllent funds
A grant was recelved from the Natlonal Lottery Herltage fund towards the costs of a govtrnance revlew, access aydlt. vlsltor
engagement research and to fundralslng support cost5.
Exhlblllon events
FundraSsed towards 2021 season of publlc programme events wlth the House re-openlng and new exhlbltion.
Purposes of deslgnaied funds:
FlxÈd assets
Fixed as5er5 held by the Trust are nor readlly realisable and those held have been transferred io a separate designated fund.
The transfer In thls year rÈpre5ents fixed assets previously Included in restricted funds. the funds having been applled for
the purposes that they were flrst given.
Projects
Fund5 allocated towards sptclfic projects.
19 Legal status of the charlty
The charity Is a company limited by guarantee and has no share capltal. The Ilablllty of each member In the event of
winding up is limired ro £1 O.
38