COMPANY REGISTRATION NUMBER: 0629993S CHARITY REGISTRATION NUMBER: 1120875 The Dronfield Heritage Trust Company Limited by Guarantee Unaudited Financial Statements 31 December 2023 Chartered Certified Accountants Unit 8 Acorn Business Park Woodse8ts Close Sheffield S8 OTB Henry Bramall & Co Ltd. CHARTERED CERTIFIED ACCOUNTANTS
The Dronfield Heritage Trust Company Limited by Guarantee Financlal Statements Year ended 31 Dgcember 2023 Page Trustees, annual report (incorporating the directovs report) Independènt examinerfs report to tha truste88 Statement of financial activities (including income and expenditure accounti Statement of financial position Notes to the financial statements
The Dronfield Heritage Trust Company Limited by Guarantee Trustees, Annual Report (Incorporating tho DlrectoVs Report Year ended 31 Deeèmber 2023 The Iru8lee8. who afe also the d6ctorS for the purpos0$ ol company 18w, present their report and th unaudiled finanaal stalemgnls of the Charity for the year ended 31 December 2023, Ref•rencg and administrative detall• Regl8tered charlty n•m• Th8 Dronfield Heritage Trust Charlty rng18tratlon numbgr 1120875 Company mgl$tratlon numbgr 06299935 Prlnclpal offlc• and r•gl8t•rfjd Unil 8, Acorn Business Park offlce Woodseats Close Shaffield S8 OTB Th• tru•t••• Mr. A. A. Powell (Chairl Mrs. A.. Brown Mrs. J. E. Emmens Mrs. D. Smillie Mr. B. G. Simpson Mr. W. Camrbell Mr8 L. Third (Appolnled 23 January 20231 Indop•ndent •xamlntr Henry Bramall & Co Llmllefi Chartered certled Accountant Unil 8 Acorn Business Park Woodseals Close Sheffield S8 OTB Structure, govemincg and manag•mgnt The Charity is conlrolked by ils govemlng docurnenl. a deed of trust, an rL*n81ilule8 a Ilmlted company, limited by guarantee, as defined by the Companies Act 26. The day lo day operations of the Charity were undertaken by Mrs. C. Wllkes. senk•r manager however, Mr5 Wilke5 h83 left th81 role wilh the day lo day operations being undertaken by mernbers ol the board. 11 1$ ogi$tered 88 o tharily wilh Ihe Ch8rllle8 Comml88i0n. Membership of the company rnu51 be approved by the Board ol Trustees. Each person who wishes lo be¢omè a membef$hlp dellver lo Ihe company 8n applicatron for membership in such a5 the board require executed by them.
The Dronfield Heritage Trust Company Limited by Guarantee Trustees. Annual Report Ilncorporating the Director's Report) (coniinuvd) Year ended 31 December 2023 StrLKtur•* gov•rnance and management fcDnrintsEdl Rgcrultm•nt and appolntrngnt ol new truBteo8 The Charity must have a minimurn of 4 Iruslees lo be quorale. The Fermilled maxlmum number ol trustees is currently 7. Two Iruslees musl ofler themselves lor re-election by rolalion al the AGM which must b8 hold each caleThJ8r year. Organ18atlonal 8tru¢tur• ThÈ Board ol Trustees administers The Charity. Tho Board meats al least quarterty. The informallon is prgvideil to Ihe TTUStees by Ihe Charity adminislralor. Inducllon •nd trolnlng of truJtee8 New Trusteas ara briefed on Ihelr legal olgationS under charity and o<)mpany law, the conlenl of the Memorandum and Articles of Association, the cornmillee and decision making pro¢g$8. the business plan and recent financial performan¢¥ of the ¢ompany. Rl8k ba•ed approach The Board of Trustees commlt lo plan agalnst risk in respect of the whole Charty. Th1$ Indudes Identlfylng all risks invdved with generaling income and the Impact of 8ny loss in sources of income. Viable allernalives would then be sought. The whole ol the Trustees are made aware ol Ihe Risks relalive lo th& Chadly and their leg81 responslbllllles. The 8oard trf Trustees are fully gware of IheSr obligations under GDPR lo ensure all personal information is securely hgld. Wlder network The budget Is submllled lo the Iruslees quarterly for approval al Iruslees meetings. Any maleriil changes lo the budget are subrnilled lo a specially convened meeling ol the Iruslees. Day lo day manag&rnént of the prol8Ct16 overseen by a proj8Ct managemanl commilt88 comprl8ln9 0181 least two 1ru8lèe8, onè ol whom is the chalrman. Related partJe8 Th¢ Charily has a close relalionshlp wllh the Iruslees of The Peel Cenlre, an or9anisalion which runs bullding sllualed close lo the property and grounds ol The Dronfield Heritage Trust. 11 also owns the whole share capital of115 trading subsidiary'The Oronfield Hall Barn Limrted, ObSectlv•J and actlvltle• The main purpose of the Charity 18 the rnainlenance and upkeep of the Heritsge Asset known as The Dronfielij Hall Barn. Originally this wa8 a derelict building whertr the hèritage assel was al risk and has now been syrnpalhetically restored to retain these fealures. This is achieved ihrough donations, grants. 6xhbill0nS and rental ol Ihe Barn an¢J by wnning an events Programme. The underlying objecllve Is to &nsure that the General Public arè aware of tha Hedlage History ol the Barn. The Charity also has accfrgs lo a large group of unpaid volunteers who'5 help and dedication is paramounl to the Charills succes8.
The Dronfield Heritage Trust Company Limitèd by Guarantee Trusteès. Annual Report (Incorporatlng the Dlrectorfs Report) (conilntsod) Year ended 31 Decembor 2023 Achlovemonts and p•rfomian¢g The re51oralion of the building has been maintained throughout the perlod wllh grants recelved during covid now being utilised. All fundraising undertsken by the Trust is ulilised on the project. THÈ upkaep includes both slru¢tural and general maintenance. The Trust retslns its Genlrepoinl for the communSty of Dronfield lor volunteering, holdiThJ events and èxhibitions. Flnanclal revl As at the accounting period ending December 2023, Dronfl&ld Heritag@ Trust had a positive Perh with ils wedrllng functions ulilising 20 out ol thè 30 lIcen5 available. The Trust contracted the services of a third party company lo fulfill the wedding catering function. This shows an increase in the income bul Is represented by a similar cost. The disclosed negativè resutts arè rnainly du8 to the upkoep and maintenance of Ihe Bam and suThoundlng area.The TTU81 has lak8n action to reduce cos18 Within payroll and other ovetheads. Th8 Trust is still coming out of th8 affect ol Covid with the wedding ovenls being down on prior years. The merggr ol the coffe? shop into Ihg tr8ding company 'The Oronfield Hall Bam Llrnlted. wlll have future b8nefil8 with profits being gift alded into the Trust. The Twslees are nfIdent that the future remalns posllive, Flnanclal •t*tsm•nts Th8 Truslee3 acknowledge Ihe delay in complellng the accounts on lime, this will be addressed for the year to 31st December 2023 wilh sign8d accounls belng mad¢ available wllhin 90 days Ihereon. Small company PfovlJlon8 Thls report h88 been prepared In goaordanoe wlth tha provl8ion$ applicable to companlès enlllled lo the small companies exemplion. The trustees. annual rgport was approved on 30 Septembèr 2024 and signed on behalf of the board ol Iruslees by.. Powell Ichairl Trusleè
The Dronfield Heritage Trust Company Limited by Guaranteo Independent Examinerfs Report to the Trustees of The Dronfield Herilage Trust Year ended 31 Decembèr 2023 I report to the trustees on my ex8mination of the financial stalern¢nts of The Dronfidd Herit3ge Tru51 fthe charitll lor th8 yaar ènded 31 December 2023. Respon8ibilitle8 and bas1$ of rtrport As ltte trustees of the company (and a180 rts directors lor tha purpos85 ol company lawl you are rèsponsible for the preparation of the financial stat8ments in accordancè with the requirements ol the Companies Act 20061'lhe 201 Act'l. Having salislied rnysell that IhÉ accounts of the company are Tt requlred lo be audFted Lndor Part 18 01 the 2006 Acl and are eligible for InLlependent examination, I report in respect of my examination of the charity's accounts a5 carried out under sgdion 145 of the Charities Act 2011 I'lhe 2011 Acl'l. In carrying out my examination I have followed the Directions 9iven by the Charily Comrnis5ion under seclion 14515}Ibl of the 2011 Act. Indendnt examlnerfs $tstsm&nt I have completed my examlnAllon. I conlinr that no rnatters have Lvme lo rny allenllon in conneclign wilh the axaminalion givlng me cause lo bolieve.. 8ccovnling records wre not kept In respect of the Charity as required by sectlon 38e of the 28 Act,. or the financlal stalemenls do nol accord wrfh Ih08e record8', or th& flnatKlal stslemenls do not comply with the accountlng rgqulrgmenls of $ecllon 3 01 Ihe 2006 Act other than any requirement that the accounts give a 'lrue and fairf Mew which 16 not a maller consldered as parl of an independent examination,. or tho financlal stslemenl8 have not been prepared in aword8nc8 wtth the rnelhods and prSncSple5 of the Slalemenl ol Recomm8nd8d Practice for a¢nting and reporling by charili85 appIlble lo ch8rities preparlng their accounts In 8ccordanc8 with the Financial Reportlng Standard applicable in the UK and Republic of Ireland IFRS 1021. I have no concern5 and have me 8¢r0s8 no other rnatters in connedion wlh the examingtlon lo whl¢h allention should be drawn in this report order lo enable a proper underslandlng of tha accounts lo be reached. Henry 8ramall & Co Lirniled Chartered Certified Accountant Ind8p8ndenl Examlnar Unil 8 Acoin Buslness Park Woodseals Close Sheffield S8 OT8
The Dronfield Heritage Trust Company Limited by Guarantee ststement of Financlal Actlvltles (including income and expenditure account Year endgd 31 Dacèmber 2023 Period from 1Aug21to 31 Dec 22 Year to 31 Dec 23 Unrestrictèd lund8 Total funds Total funds In¢om• and •ndowm•nts Donalions and legacs Ch8ritsble activities Investment Income Other Income 10,000 217,585 10,000 217,685 784 4.478 20, 749 122,612 384 38.682 4.478 232.847 Total Income 232,847 182,427 Exp¢ndltur• Expenditure on raislng funds.. Costs ol oth8r tradirig aCtitI¢$ Expenditure on charitsble acliw1188 Total oxpendltslrn 123.704 172.455 123.704 172.466 27, 742 234,982 262, 724 10.11 2,159 296,159 N•t •xp•ndltur• and net mov•m•nl In funds 163,3121 163,3121 (80.2971 R•conc115atlon of fund• Tolal funds brought fomard Totsl lund• ¢ffbod foTh4ard 382,293 318,981 382.293 318,981 462,590 382,293 The $181emenl of financial acliviliès indudeg all gains 8nd1096e8 recognlsed In the year, All Income and expendSluro derive from conllnulng aotivilles. Th• not•8 on page8 8 to 19 lorni part ol th089 Iln•n¢lal •thtsm¢nts.
The Dronfield Heritage Trust Company Limited by Guarantge Statemont of Flnaneial Position 31 December 2023 2023 2022 FSxed assots Intangible assets Tangible fixed assets Heritage asiel Investments 17 18 5,000 24.908 338,440 28,055 338,440 20 36B,349 366,495 Current asB•t8 Stock5 Debtors Cash al bank and in hand 22 23 2,680 23.355 23,151 49,186 952 11,116 93,251 105,319 Credltorn: amounts folllng due wlthln on• y•*r Ngt current IlablllUo8 98,$54 149.3681 318,981 318.981 89,521 15, 798 382,293 382,293 Totsl ai80ts lè88 current Ilabllltl•• N•t a$$•ts Funds of the charlty Unrestricted funds 318.981 318.981 382,293 382,293 Totsl charlty lund8 26 For the year ending 31 Oecember 2023 Ihe charlty was enlilled lo exemptlon from 8udil under 8ecllon 477 ol tha Companies Act 20C6 relallng lo small compgnie8. Olreclor8' responsSblllle8'. The members have not required Ihe company lo oblain an aud ol ils linaneial stat8m8nl¥ frjr tha year In què511on In accoTdance th s&ction 476.. The dlrector8 acknowledg8 thèir rèsponsibilili8s for complw.ng with Ihe requlrern8nlB of the Act wllh respeel lo accountsng fgcords and the preparation of financial slat8menl8. These financial slalemenls have been prepared In acrdance with the provisions applicable to companies subject to Ihe small companies, Tegime. The statement of financial position continues on the following page. The notes on page5 8 to 19 form part of thoso Ilnon¢lal $to¢gments.
The Dronfield Heritage Trust Company Limited by Guarantse Statement of Flnancial Position (coniinu6dJ 31 December 2023 Thtsse fin8nei81 statèments were approved by the board of trustees and authorised for issue on 30 S•p 24. and are sign behall of the b03Td by.. Mr. A. A. Pow811 (Chair) Trustee Th• nots8 on pages 8 to 19 form part of t1 flnanclal Stal[rt.
The Dronfield Heritage Trust Company Limited by Guarantee Notes to the Financlal Statements Year ended 31 December 2023 Gangral information The charity is a public benefi't entity and a private e¢)mpany limited by guarantee. registered in England and Wales and a registered charily in England and Wales. The address of the iegislered office is Unil 8. Acom Business Park, Woodseals Close, Sheffield, S8 OTB. Ststsment of compllanc• These financial statements have been prepafed in compliance with FRS 102, 'The Flnancial Reporting Slandard appllcable in tha UK and the Republlc of Ireland,. the Slal8menl of Recommended Practice applicable lo charrties preparing their accounts in accordance with the Financial Reporting Slandard app5icable in the UK and Republi¢ ol Ireland {FRS 102) ICh8rile$ SORP IFRS 1021) and Ihè Companies Act 2006. Accountlng pollcle8 Ba818 of preparatlon The financial slalemènls have boon prèparod on th8 historical cost basis, as modified by the fevalualion of cerlain linanryal assets and li8bililie$ and inveslmenl properties messured at fair value through income or expenditure. The financial slalemenls are prepared In slerllng, whid)18 the funclion81 curr8nw of the enllly. Golng conrn Thvre gro no malerial un¢grtalnlie$ aboul the ¢harW$ obillly to continue. Dllcloryure eX0mpon¥ Dlsclo8Lire8 in respect ol linancial in8trLsment8 have nol been pre8enlgd. Consolldatlon The charlly18 nol required lo prgpare rA)nsolhlal8d accounts in accordance wllh the Charitles Act 2011, and has 18ken advantag8 of the option not to prepare consolidated linanrjal 51alemenls contained in Section 398 of the Companles Act 201 on the basls that the charily and its subsldlary undertaklngs compri8e a small group. Judg•m•nts and key 8ourc•• of gsllmatlon uncgrtalnty Key sources of eslirnation uncertainty Accounling eslimales and assumptions are made concerning the fulure and, by their nature, will farèly equ81 the rèlated actual outcome. The key assumption8 and olhor sources of 9s1Smalion uncèrtainty that have a 8jnIfICant risk ol causing a malerial adjustment lo the carrying amounts ol assets and liabilities within the next financial year are as Idlows..
The Dronfield Heritage Trust Company Limited by Guarantee Notes to the Financlal Statèments (¢onllnuedl Year ended 31 December 2023 A¢¢ounting policies feorttsnt*¢J Fund accountlng Unrestricted funds are available lor use al the discretion of the Iruslees lo lurth8r any of the charity8 purposes. 08svJnaled funds are unrestricted funds earmarked by the trustees for partscular fulure project or commllmenl. Restricted funds ar8 subjecled lo festriGtions on their exp8nditure declared by the donor or through the terms of an appeal. and fall into one ol two sub-(48sses.' rgslricted ino)me funds or endowrnenl funds. Incomlng rg8ourc•8 All incommig resourc85 ar8 Included in tho 8lalemenl of financial acliv51i68 when enlillemenl has passed lo the charity.. it is probable Ihal the economic benefits associated with the transaction will flow lo the charity and the amount can be r8118bly measured. The following spg¢tho polic188 are applied lo parlicular categories of income.. Income from donallons or gr8nls18 recognlsed when th8r8 is gvidencg of antitlamant lo th8 gift. recelpl is probabb and Ils amount can be measured reliably. leg8cy Sncom& Is recognlsed whgn reIpt Is probable and onlttlemenl Is established. income from donated goods 1$ measured al the fair value of the goods unless this is impiaclScal lo measure reliably, in ythich case the value is derived from Ihe 31 lo the donor or the eslimaled resale value. Donated lacililies and se¢9S are recognised In the a¢counl$ when recaived if the valua can be rellably mea8ure(l. No amount8 are ilded for the conlrlbullon of general volunloors. Income from conlr8Cts for the supply of semces is recognised with the delwery of the tracted 8ervlce. Thls Is classified as unreslricled funds unless there is a contractual requlremenl lor11 lo be spent on a particular purpose and returned if unspenl. in which Case rt may be regarded as reslricled.
The Dronfield Heritage Trust Company Limited by Guarantee Notes to the Financial Statements {¢oniinuedl Year ended 31 December 2023 Aeeounting polici08 (contlnu•dl Re8our¢es expèndgd Expenditure is recognised on an accruals basis as a liabilily is incurred. Expenditure includes any VAT which cannot be lully recovered. and is classified under headings of the slalemenl of Ilnanclal activities lo which il relates.. expenditure on raising funds includes the costs ol all fundraSsing activities, evanls, non- charilable trading acl1wts, and the sale ol donated goods. expenditure on charitable actiwlies includes all costs incurred by a charity in undertaking aGlivities that further its charitable aims for the benefit ol Ils beneficiaries, including those support costs and costs relallng to the governance of the charfly apportloned lo Gharitablg activities. other expendllure Sncludes all expendllure that Is neither relaled lo raising funds for the charily nor parl of rts expenditure on charitable aclimties. All Gosls are alloted to expenditurg categories rgllecting the use of Ihe resource. Direct costs allribulable lo a single activity are allocated dlr8¢tly lo that activity. Shared costs Ara Apportlonad between the activi.e5 they contribute lo on a reasonable, jusliliable and eonsislent basls. Goodwlll C?00111 arises on business acqulslllons and repr858nts the excess ol tha cost ol the acqulsItl over the charity's interest in the nel amount of the identifiablè ass•ls, li8billtiès and conllngènt Ilabllils ol the acqulred busine88. Goodwlll Is measured al cost less accumulated amortisallon and 8cGumulaled impalrment losses. It Is amorli8ed on a 51raighl-line bas15 over tts useful lile. Where a reliable estimate ol the useful1118 01 goodwlll or intangible ass8ts cannot be made, the lrfe is presumed not lo exceed five years. T•nglbl8 1$89t• Tangible assets are inlllally recorded 81 cost. and subsequently sla19d al cost less any accumulated d8preciallon and lrnpairment losses. Any tangible assets carrled 81 revalued amounts are re¢ed al the lalr valuè at thè date ol revaluatiC4) sS any 5ub59quent a¢cumulaled depCiall¢n and subsequent a¢cumulaled imp8im)enl losses. An Increase in the carryirvJ arnounl of an asset as a result ol a revaluation. is reeognised in other recognlsed gains and losses, unless il reverses a charge foi irnpairmenl that has previously been r8cognised as expenditure within the staternenl of financial adivilies, A decroase in the ¢arrwng arllounl ol an asset as 8 rèsult of revaluation, is recogni5ed in other recognised g8ins and losses. except lo whlch il oflsels any previous revaluation galn, In which case the loss is shown within otrer recognisod gains and losses on the slalemenl of linanual aclmbes. 10
The Dronfield Heritage Trust Company Limited by Guarantee Notes to the Financial Statements (eontlfttted) Year ended 31 December 2023 Accounting polici•8 Icontlnuodj Dèproelatlon Depreciatlon is calculated so as lo wrlle off the ¢osl or va1uallon of an asset, le$$ ils residu81 value. over the useful economic life ol that a55el as follows.. Plant and machin8ry Fixlures and fittings Equipment 20% r8ducing balance 20% reduclng balance 33°/o reducing bal8ncè Horltsge a88Ots Heritage assets measured under the cost model are recognised inillally cOrded al acquisitlon $1. and subsequently Staled al cost less any accumulated depreciation and impalrmenl1055es. Herllag& assets measured under the revaluation model are recorded al f8ir value less any 8ccurnulated impairment losses. Where information on the 81 or value ol an asset Is not available and Cannot bg obtained al a cost which is commensurate with the benefits to user5 of the flnanclal statements, the asset shall not be recognlsed In the 81alemenl of fin8ncial posrtion. In¥•8tm•nts Un116ted equity investments are InSllally recorded al e051, and subsequently mgasur8d at falf valu8. 11 lair valy¥ ¢annot be rellably measured. assets are mea8ured at co31 less Impalrmenl. Listed inve5lmenls are mea8ured al fair value wllh changès in f8lr valua being racognlsed In income or expenditure. Impalrnwnt ol fix 4•8gts A r•view lor indicators of impairment 15 carrted out al eaeh reportlng dale, wtth the recoverable amount belng e81im8ted wherè such indicators exist. Where the carrylng value exceeds the recoverable amount, the asset is impalreil accordingly. Prior impalrment8 are also rtiwtwed for possible reversal al each reporting dale. For the purpose5 of impaimenl lesllng, when is not possible lo estimate the recx)verable am(nI of an Indlvldual asset, an eslimate 13 made of the recoverable amounl ol the cash-generating unil lo which th8 asset belongs. The ca5h-gengraling unll is the smallest identifiable group of assets that Includes the asset and genèrates cash inflows Ihal largely independent ol the cash Inflows from other assets or groups of as8els. For impairment lesling ol goodwill, Ihe goodwill acquired in a busine55 combination Ss, from the acquisition dale, althaled lo each ol the ca5h-generaling units Ihal are expected lo benefit from the synergie5 of the combinatlon, irrespective of whether other a3sel$ or Ilabllillès of th8 chartty are assigned lo IIKJse units. 11
The Dronfield Heritage Trust Company Limited by Guarantee Noles to the Financial Statements Icontinued) Year 8ndod 31 Oecember 2023 Accounting policieg (c11* Stock9 Stocks are measured al the lower of cost and estimated selling prlce less costs lo complete and sell, Cost includas all costs ol ptsrchasa, costs of convarsion and othèr costs incurred in bringing the stock lo 118 presenl location and condition. Defined contribution plan Conlribullons to delin8(I ntributIon plans are iecognlse(l as an expense In the pthod In whlch the related 5erwce is provided. Prepaid contributions are recognised as an asset lo th8 exlenl that the prepayment will lead to a reduction in future payments or a cash refund. When conlrit#Jlions are not expected lo be settled wholly wrthin 12 month$ of Ihe end of the reporting date in which th8 employees render the related service, the Ilabllrty Is measured on a discounted present value basis. The unwinding of Ihe discount Is reco9nisod a$ an expense in tho pgriod in whl¢h It arlses. Llmltsd by guarante• The charrty Is controlled by 118 governlng document, a deed of tru$l. and nSbtU1es a limrted company, limiled by guarantee, a$ dgllned ty th8 Companies Act 2Cth. Donatlon• and l•gacl•• Unreslrlcled Totsl Fund¥ Unreslrlcled Tot81 Funijs Funds 2023 Funds 2022 Donatlons Donations received. 8am and walks 2,247 2.247 5.016 5.016 Grants Grants receivable 2,484 2.484 7.667 7,667 SubscrbpollS Subsc¥iptions Ffiends member8hip 5.289 10.000 5,261 10,000 8,066 20, 749 20,749 12
The Dronfield Heritage Trust Company Limited by Guarantee Notes to the Financial Statements icorttlnu•d) Year ended 31 Decemb8r 2023 Ch•ritablp activiti•s Unrestricled Total Funds Unrestricted Total Funds Funds 2023 Funds 2022 Plant and garden takings Publkaliong Wedding hire events Producer M8rkels Cultur81 evènts Rechargèd costs Weddlno events catered 720 1,029 110,998 2,995 37,304 3,972 60,567 217,585 720 1.029 110,998 2.995 37,304 3.972 60,567 217.686 3,551 1,984 73,515 6,372 37,190 3,551 q,984 73,515 6,372 37, 190 122,612 122,612 Inv••tment incom• Unrestred Total Fund$ UnStrICted Total Fund5 Fund5 2023 Funds 2022 Bank interejl re¢eivable 7B4 384 Oth•r In¢om• UnreStrted Tot•1 Funds Unrè8lrlcted Total Fvnds Funds 2023 Fund5 2022 Catering rental income 4,478 4.478 38,682 38,682 Weddings ar8 recorded when deposits and fiial balances are paid. As al the end of 3181 Dember 2023 ther8 wgrg 19 weddings still lo be complelgd. Costs of other tradlng a¢tlvlti Unreslrkted Totsl Fund8 Unreslrlcled Total Funds Funds 2023 Funds 2022 Cost8 of other liading act111106- Staging events Gardening purchases Publications 117,655 865 5,184 117,655 866 5.184 25,se5 25,565 888 1,289 27, 742 1.289 27,742 123,704 123,704 10. EXndItre on chArltabl• aetlvltlès by fund type Unreslricled Total Funds Unre$lri¢led Total Funds Funds 2023 Funds 2022 13
Support Costs 172,455 172.455 234.982 234,982 13
The Dronfield Heritage Trust Company Limited by Guarantse Notes to th8 Flnancial Statements (¢onllnuedl Year ènded 31 December 2023 11. Expenditurn on ¢haritsble a¢tivitie• by activity typ• Total funds 2023 Total fund 2022 Support cosls Maintenance of Heritage Bulldlng Governance costs 168,081 4,374 172,455 168,081 4.374 172.455 232,635 2,347 234,982 12. Analy818 018UPPOrt co8t• An8815 of 8UPPOrt ¢0s18 activity 1 Total 2023 Total 2022 Staff cost8 Pfemlses Communications and IT General office Human resouro88 Govtrrnance cos16 Marketing Consuhancy Other Costs- includlng depreciallon 77,410 64.942 5.360 2.518 2,431 4,374 7,618 77.410 64,942 5,380 2.518 2.431 4.374 7,618 88,787 102, 155 7,896 5. 103 2,430 2,347 8.982 2,443 12,492 232,635 7.802 172.455 7.802 172.456 13. N•t •xp•ndltur Net expendituie is slated after charglnty{credlllng)'. 2023 2022 08predation of tangible fixed a3sels 7,802 9,043 14. Ind•p•nd•Trt gxamlnatlon Perfod from Y••r to 1 Aug 2110 31 Dec 23 31 DeG 22 Fees payable lo the independent examlner for". ItvJepend&nl examinalKsn of the financial s181emenls 2.200 2,200 14
The Dronfield Heritage Trust Company Limited by Guarante• Notes to the Financial Statements (eonllnu•dl Year and8d 31 December 2023 15. Staff costs The total 818ff costs and employee benefrts for th8 reporting perlod are analys8d as follows.. Period from Year to 1 Aug 21 to 31 D9¢ 23 31 Dec 22 Wage8 and salarieo Social security costs Employer contributions to wnsion plans 68.546 18.210 7.229 93.98S 79,685 567 8,535 88, 787 The average head count ol employee8 during the year was 212022.. 21, The aver&30 numbw of lul time equivalent employees during the year is analysed as follows.. 2023 No. 2022 Nurnber of staff - Support No &mploy8e r8¢glved employ99 benefils of mora than £60,( durltvd tha y&8r (2022.. NIII. 16. Trn$t•g remufttsratlon and exp•n$e• No remuneration or other benefi16 from eMplent wllh the ch8rlty or a related enlty were received by th8 Irust88S. The 0Y monies received by Tru$lfjo8 1$ Ihe re1mburmenI of 8Xn90$ Incurrod. 17. Intanglble a880ts Goodwlll Cost Addillon8 6,000 5,000 At 31 Docember 2023 Amortigation At 1 Janullry 2023 and 310ocomb&r 2023 C•rrylng amount At 31 Decemlxr 2023 5,000 Al 31 December 2022 Is
The Dronfield Heritage Trust Company Limited by Guarantee Notes to the Flnanclal Stataments (conllnu6dl Year ended 31 December 2023 18. Tanglble flxed aets Plant and FureS and machinery Equipm8nl Total Co8t Al 1 January 2023 Additions 31.773 45.850 1,9B2 11,094 2,673 13.787 88.717 4.656 93.372 At 31 Oee•mbor 2023 31.773 47,832 Dapraelatlon Al 1 January 2023 Chaige for the year At 31 Docgmbor 2023 25,340 2,144 27,464 27,659 3.456 31,115 7.663 2.202 60,662 7.802 9,865 68,464 Garrylng amount At 31 D•eèmb•r 2023 4,289 18,717 18,191 3.902 3,431 24,908 28,055 At 31 DerEmber 2022 6,433 19. Hèrftag• •88etsb The ChgrlWs Heril8ge As891 consl$l of the builditvJ known as'The DronlKgld Barn, A¢qu1811Ions lo th& asset are only recorded if they incre86e the value of Ihe 88881. Malnlen8nce 18 coated through th6 Slalemenl ol Financol Activities. H8rlta9 a••èt 1 Co•t or v•luatlon Al l January 2023 and 31 Oec•mb•r 2023 Accumulatod dopreclatlon At 1 January 2023 and 310g¢•mbgr 2023 Carrying amount At 31 D8cgmbgr 2023 338,440 338,440 338,440 Al 31 Décember 2022 The Heritage a88el is recorded al ¢osl has an insurance value of £1.797,865. 16
The Dronfield Heritage Trust Company Limit•d by Guarantee Notes to the Flnancial Statements (Canllntrtdj Year 8nded 31 December 2023 19. Hèritage a888tS (ronllnvod) Heritage assets re¢ognl•ed at valuatlon In respect ol hertsge assets recognised al valuation, the aggregate cost, depreciation and comparable carryin9 amount that would have been recognised if the assets h8d been carrled under the hlslori¢al cost model are as follows.. H•ritago At 31 D•cemher 2023 Aggregate ¢osl Aggregale depreckts'on Carrylng valuo 338,400 338,400 At 31 Da¢èmber 2022 Aggregate cost Aggregat@ d&precialion Cairying value 20. Inv•8tments 8har•8 In group undortaklng• Cost or valuatlon Al 1 January 2023 Addi110118 At 31 Oec•mb•r 2023 lrnpalrment At 1 January 2023 Ind 31 D¢cèmb•r 2023 Carrylng amount At 31 December 2023 At 33 December 2022 All Inv661menls shown above Bra held 81 valu8150n. 17
The Dronfield Heritsge Trust Company Limited by Guaranto0 Notès to the Flnancial Statements ieofttlnu•d) Year endod 31 Decembar 2023 21. Inv•stm•nt •ntitiè• Sub¥ldlarles and other investments Percentage of Class of share shares held Sub$ldl4ry undertking8 The Dronfield Hall Bam Llmited Ordinary 100 Th8 rasults for sub$ldlarl&s and other undertakings are as follows.. Capital and reserves 2023 Prolbvllossl lor th8 year 2023 2022 2022 Sub•ldlary undertakingj The Dronlield Hall Barn Llmlled 10.109 22. Stock• 2023 222 Flnlshed g¢)od8 and goods for re8al8 2.680 952 23. Debtorn 2023 2022 Trade debtor8 Pr8p8yments and 8ccwed Income 14.785 8.570 23,365 qf,116 2& Credltor8.' amounts falllng du• wlthln one yo•r 2023 2022 Trade ereditors Amounts ow8d lo group undert8kings Accruals and deferred income Social security and other taxes Other ¢redllors 3.490 34,921 38,946 21,197 1,041 87,489 941 50 98,654 89,521 26. P•n8lons and oth•r pogt r¢tsrem•nt ben•fits Dgfln•d contribution plan¥ Tho amount re(x)gni3ed in incorne or expenditure a8 an expense in relalKn lo defined contribution plans wa$ £7.22912022.' £8,535}, 18
The Dronfield Herltsge Trust Company Llmited by Guarantee Notes to tho Financlal Statements Icontlnu Year ended 31 Decemb•r 2023 26. Analy•i8 of charltsble fund• Unr•8trl¢t•d funds Al 1 January 202 31 Dec•mb•r 2023 Inccffje Expenditurè General funds 382,293 232,847 (296,1591 318,981 Al 1 Avgu81202 Al 31 Decgmbef 2022 Income Expentjllure General funds 462,590 182,427 (262,7241 382.293 27. Anafy•l• of not a••ots b•twMn fund8 Unre51rScted Total Fund8 Funds 2023 Tangible fixed assets Herblage asse18 Currgnl assets Creditors le53 than 1 year Ngtassgts 29,909 338.440 49.186 {98,5541 318,981 29,909 338.440 49,186 198,6541 318.981 Unr881rlcted Total Funds Funds 2022 Tangible fixed asset$ Herttag8 assets Current ass8ts Credllors less than 1 year Net a•••t• 28,056 338,440 105,319 189,522} 382,293 28,056 338,440 105,379 (89.522) 382,293 28. Rted partkni During Ihe year the charity gnlered into the folk)wing Iran8acllon8 wlh rdaled parties.. Balance owgd byllowod tol 2023 Transactlon valu• 2023 2022 2022 The Peel Centre The Dronliald Hall Barn Limrted 3,972 16,575 134,9211 19
The Heritage Trust has recefved £3.972 from The Pe81 Centre in respect of recharged costs. Thg Dronfleld Hall Bam incurred all payroll costs for the cafè and promdes the staff for the Heniage functions. This amwnted lo £16.575 for the year and has been recharged accordingly. 19