2023-03-30-accounts - Delapre Abbey Preservation Trust

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Reference	and Administrative Details	and Administrative Details
Trustees'	Report		2to 7
Independent		Examiner's Report
Statement	of	Financial Activities	9to 10
Balance Sheet			II to 12
Notes to	the	Financial Statements	I3to 28

(Including Income an	d Expendi	ture Acco Gains and	unt and State Losses)	ment ofTota	ment ofTota	l Recognised
			Unrestricted	Restricted		Total
			funds	funds		2023
		Note		6		36
Income and Endowments	from:
Donations and legacies			203,827			203,827
Other trading activities			457,148			457,148
Investment income			I 556			I 556
Total income
Expenditure on:
Raising funds Charitable activities		6 7	(62,478) ~64692			(62,478) ~64692
Total expenditure			~7~0~5			~'71I79
Net expenditure			46874			46874
Net movement in funds			(46,874)			(46,874)
Reconciliation offunds
Total funds brought forward			515565	12345		527910
Total funds carried forward		20	460691	12	345	401 036
			Unrestricted	Restricted		Total
			funds	funds		2022
		Note	6
Income and Endowments	from:
Donations and legacies			230,657	189,270		419,927
Other trading activities			411,422			411,422
Investment income Total income			49 ~642 12	~270		49 I3LII9L
Expenditure on:
Raising funds Charitable acdvitles		6 7	(67,662) ~437415	(40,904) ~136021		(108,566) ~573436
Total expenditure				~176	92	~82.6sa
Net income			137051	12345		149396
Net movement in funds			137,051	12,345		149,396
Reconciliation offunds
Total funds brought forward			378514			370 514
Total funds carried forward		20	515565		345	527910

						2023		2022
					Note
Fixed assets
Tangible assets					13	432,699		326,801
Investments					14
						~43	700	326 8DI
Current assets
Stocks					15	11,330		7,085
Debtors					16	117,214		133,818
Cash at bank and in hand					17	40~	169	518474
						536,713		659,377
Creditors: Amounts	falling due within one year				I~	~449	692	~419 I~ I
Net current assets						87	021	240 276
Total assets less current liabilities C d':A Idg gd		19	0	7	19	519,721 ~38685		567,077 ~3916
Net assets						481	D36	527910
Funds ofthe charity:
Restricted income funds
Restricted funds						12,345		12,345
Unrestricted income	funds
Unrestricted funds Total funds					20	468 481	691 036	515565 ~2791

3 Incom	e from	donations and legacies
			Unrestricted
			funds	Restricted	Total
			General	funds	funds
			E	f.
Donations	and legacies;
Donations			57,085		57,085
Grants, including		capital grants;
Grants			146742		I46742
Total for	2023		203 827		203827
Total for	2022		230637	189270	419927

			Unrestricted
			funds	Total
			General	funds
Other trading income;
Admissions and activities			222,232	222,232
Shop sales			8,22 I	8,221
Catering contracts			128,733	128,733
Rents received			68,078	68,078
Other income from other trading		acdvities	29884	29	884
Total for 2023			457 148	457	148
Total for 2022			411422	411422
5 Investment	income
			Unrestricted
			funds	Total
			General	funds
			6
Deposit account	interest		1556	1556
Total for 2023			1556	1556
Total for 2022			49		49
6 Expenditure	on raising funds

Governance costs
	Unrestricted
	funds	Restricted	Total
	General	funds	funds
	E		E
Staff costs
Wages and salaries	324,430		324,430
Social securicy costs	25,260		25,260
Pension costs	4,064		4,064

			Unrestricted
			funds	Restricted	Total
			General	funds	funds
Legal fees			14,778		14,778
Marketing and publicity			19,999		19,999
Depreciation, amortisation		and other similar costs	30,616		30,616
Other governance costs			227 780		227 700
Total for 2023			646927		646927
Total for 2022			437415	136D21	573436
9 Net incoming/outgoing		resources
Net (outgoing)/incoming	resources for the year indude:
				2023	2022
Depreciation offixed assets				30616	66087

I I Staffcost	s
The aggregate	payroll costs were as follows:
		2023	2022
		f.	6
Staffcosts during the year were:
Wages and salaries		324,430	267,308
Social security	costs	25,260	21,861
Pension costs		4064	4 136
		333754	293 305

N	otes to the Financial Stateme	nts for the Year Ended 30 March	2023
		2023	2022
		No	No
Salaries				8
Annualized	hour contract			I
Zero hour	contracts	2		2
Volunteers		144 ~57		132 143

13Tangible fixed assets
	Property improvements	Furniture and equipment	Paintings	Total
				6
Cost
At 31 March 2022	208,932	506,262	1,927	717,121
Additions	121 207	15300		136515
At 30 March 2023	330 139	521 570	I 927	853 636
Depreciation At 31 March 2022 Charge for the year	6,663 ~16	382,502 32012	1,155 772	390,320 30617
At 30 March 2023	4496	414514	I 927	420937
Net book value
At 30 March 2023	325643	It17056		432699
At 30 March 2022	202 269	123760	772	326801
14 Fixed asset investments

Unlisted
investments	Total

capital are as follows:				y
Undertaking	Country of incorporation	Holding	Proportion ofvoting rights and shares held	Principal activity
			2023 2022
Subsidiary undertakings
Delapre Abbey Enterprises Limited- Company Number 10374553	England and Wales	Ordinary	100% 0%	Event catering activities

15Stock
	2023	2022
Stocks	3	7085
16Debtors
	2023	2022
Trade debtors	97,751	99,291
Due from group undertakings	979
Prepayments	18,484	22,365
Other debtors		152
	117214	133818

18Creditors:	amounts falling due within one year
		2023	2022
		6	f.
Bank loans		6,216	10,833
Trade creditors		116,067	93,695
Other taxation	and social security	7,264	5,322
VAT control account		3,852
Other creditors		17,056	68,001
Accruals		299237	241 250
		449 592	419 101

											2023	2022
Bank loans											3~685	39 167
The Bank Loan was taken		out	in March 2021		under the		Governments		Bounce Back Loan Scheme. Initially for 6
years but extended to 10years			in April 2022.
A fixed interest rate of		2.5%	is charged. An		initial	12 month		repayment		holiday	was granted	for the capital
element ofthe	loan. The	Loan	is not	secured	and will	be repaid		by March		2031.
20 Funds
				Balance at 31			Incoming			Resources		Balance at 30
				March 2022			resources			expended		March 2023
Unrestricted	funds
General Restricted funds					515,565			662,531			(709,405)	468,691 ~12 4
Total funds				~27910			~66		531	~709405		481036
Restricted funds breakdown
Thriving communities - 63,345
School ofsocial enterprise		-f4,000
Northampton	town - 65,000
				Balance at 31			Incoming			Resources		Balance at 30
				March 2021			resources			expended		March 2022
								f.
Unrestricted	funds
General					378,514			642,	128		(505,077)	515,565
Restricted funds								189	270	~176925		12 345
Total funds				~78 514				831	398	~682002 ~27910

Detail	ed Statement of	Financial Activities for the Ye	Financial Activities for the Ye	ar Ended 30 March 2023	ar Ended 30 March 2023
		2023		2022
		Unrestricted		Unrestricted
		funds		funds	Restricted
		General	Total	General	funds
				f.
Donations	ond legacies
Donations		57,085	57,085	6,793
Grants - other agencies					189,270
Grants - other agencies		146742	146742	223 864
		203 827	203 827	230 657	189270
			2023		2022
			Unrestricted		Unrestricted
			funds		funds
			General	Total	General
Other trading activities
Admissions	and activities		222,232	222,232	167,724
Catering contracts			128,733	128,733	175,707
Shop sales			8,221	8,221	4,643
Rental income Other income			68,078 29884	68,078 29884	41,111 ~2237
			~457 14	~457 14	411422
			Unrestricted		Unrestricted
			funds		funds
			General	Total	General
			6
investment	income
Income from other investments					49
			1556	1556	49
		2023		2022
		Unrestricted		Unrestricted
		funds		funds	Restricted
		General	Total	General	funds
		f.			6

Detailed Sta	tement ofFin	ancial Activities f	or the Yea	r Ended 30 March 2023
		2023		2022
		Unrestricted		Unrestricted
		funds		funds Restricted
		General	Total	General funds
Raising funds
Catering Costs		(13,441)	(I3,44 1)	(9,5 1 3)
Purchases
Purchases		(1,634)	(1,634)	(3,318)
Security Management				(130)
Wedding Costs		(9,832)	(9,832)	(8,014)
Event cosrs				(40,905)
Event costs Travel		(29,854) (29,854) ~771 ~771 ~62478 ~62478		(41,350) ~333 ~67662 ~4~984
		2023		2022
		Unrestricted		Unrestricted
		funds		funds Restricted
		General	Total	General funds
			6
Governance costs
Wages and salaries				(91,600)
Wages and salaries		(324,430)	(324,430)	(175,708)
Staff NIC (Employers)		(25,260)	(25,260)	(21,861)
Staff pensions (Defined contribution)
pension scheme I		(4,064)	(4,064)	(4,136)
Rates				(473)
Light, heat and power		(67,039)	(67,039)	(67,122)
Insurance		(8,353)	(8,353)	(9,171)
Interpretation Overheads				(2,824)
Interpretation Overheads		(14,946)	(14,946)	(7,622)
Repairs and renewals		(28,112)	(28,112)	(22,090)
Education activities		(3,642)	(3,642)	(3,678)
Telephone and fax		(4,402)	(4,402)	(4,263)
Facilities Overheads		(13,269)	(13,269)	(10,945)
Computer software	and maintenance
costs				(17,577)
Computer software	and maintenance
costs		(15,973)	(15,973)	(10,002)
Printing, postage and	stationery	(5,783)	(5,783)	(6,664)
Trade subscriptions		(6,975)	(6,975)
Cleaning		(12,377)	(12,377)	(11,197)

Detaile	d S	tate	ment ofFi	nancial Activities for the Ye	nancial Activities for the Ye	a	r Ended 30 March 2023
				2023			2022
				Unrestricted			Unrestricted
				funds			funds Restricted
				General	Total		General funds
					6		6 6
Advertising							(24,020)
Advertising				(19,999)	(19,999)		(5,731)
Independent	examiner's		fee	(5,910)	(5,910)	I
Independent	examiner's		fee				(1,500)
Legal and professional			fees	(14,778)	(14,778)		(3,996)
Bad debts written		off		(35,236)	(35,236)
Bank charges Depreciation	of plant and machinery			(5,763) ~30616	(5,763) ~30616		(5,169) ~6600
				~64692	~64692		~433413 ~136021