Chartty rngi•tralOon numbor 1123473 Company rnglstratloTr numbtrr06460936 (England •nd Wal•Jb HORSELL COMMON PRESERVATION SOCIETY ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023
HORSELL COMMON PRESERVATION SOCIETY LEGAL AND ADMINISTRATIVE INFORMATION Truste•s (Resigned 8 Odobar 20231 (Resigned 4 Octobor 21Y231 E CU0 P Dovmes A Hal$tgad C Hughes Z Iqbal RNea J Palk P Roknnson Scott C Kgmp C L BreY S Puthri¢k (Rosigned 30 May 2023) IResi9ned 21 Novembw2023) IR¢$igngd 7 July 20231 (Appc4nted 21 Novembgr 20231 (Appointed 28 May 20241 (App¢intod 24 May 20241 S•¢r¢tary J D8lglie$h Charlty nurnber 1123473 Company numbor Raglst•r#d office Healher Fam Horsoll Commc ir GU214XY Audltor All1 LLP Fiiary Court 1$21 High Street Gulldlord Surrey GU1 3DL
HORSELL COMMON PRESERVATION SOCIETY CONTENTS Pago Tnths, rewl Intspendenl authtofs rewt Statemgnt offfinarrial aclivrfies BaLrync8 sheet Notes to the financial statements 10-20
HORSELL COMMON PRESERVATION SOCIErY TRUSTEES. REPORT ONCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 DECEMBER 2023 Tho ITnAnd81 StatsM hava en prwrnd in aecord tAfjlh thg acc4yJrting poNdes set In not• I to th8 Fmanraal Ropoib'ng Standard aFflc8bl• in UK •ThJ ol Irel4rKI (FRS I)- l•ff•¢Ov• 1 January 2019). Objthei and athltl•s The obs¢¢ts ol Ihe SOCI •rn:. (•) InlomMI QPWb drf4¢rnth •yJ th• at Iwg•: Th• trusle•s h•v• r•9wd ts) •thl•K• 1¥sd by th• (bty Cthnmlson In whol a¢tsvtth• lh• chartty should und•rt•k•. A¢hl•¥•monls •nd pwfonTran Tha day to day marwnwrt rftho is DdtL¥) •Ml•d by Riy•rt Tw •(• Juppled In all rea$ of by th• TnAIMs. Thls anoth•r fvl y•v ofwork ¢4nlinurrfJ the pr¢ M•981 crf th• CcKnm pGmd$. Many ofth• ¢Oryt• v0km have be•n ¥woP¥4d Èn tding bkd b)xes wilh ovw 200 hkn9 bo•n pul up on th• Common. Trustee Maryo S¢ott 1$ inforn mcmittyityi usag• of lh• LwJx•& Sift bDxos hjva baen put up on th• lthng at Hoalher Farm. Jitoffly Ccfflseryalion TNSL Tho tracagrw was slartod In 2023 Wblh the th•t nwangfvl data can &Ie¢l in W24. Rupert hag also reptil• •uMys. Htalher 1$ 10 msy•n thversify th• age slnKaurn Is 9d kff Ilorn In wd the Comm.
HORSELL COMMON PRESERVATION SOCIETY TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORn (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 alleviation works. M¢8dtyws It Heather Fami. Financial rnvi• mthg$ arg rKrt avthle {£1,074.278) avadthe gon fund5I£1,9.7) holdin95 {£50.(m) The bdartt of the unrestiicled reser¥es held in the ftwKI was £1.041.149 at yw on& Of this balancè, £492.373 wa5 hdd in investmwts tr) wer•te twm fry the ctwity. a lurther £46.502 represented by the t4)ok value of T assal 4qLllpment held at th& eThJ. Trus leaves our Yree. reserv ai £502274 at Ihe Counol kn th• PLfPOSe of thwa¢gd arn3s ofthe to eOu their pthic use. The residL Thls represents the baance 011 used to maiain the 57 e$ al He*her Fann Mirntsithae op¢n for £17.WO pa and rtm$ for 10 years Irrrfn 2018.
HORSELL COMMON PRESERVATION SOCIETY TRUSTEES. REPORT IINCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 In 4ceordanc8 wth th8 Arbdes of A$SorAaQn of the charity, the truslees have wide power5 tr) hdd, apply or invest the charitys monie$. slo¢k$ and $fr?9 and shall in Ihgir absolute discretion if thougm fiL provided tPkql the approats professional advice has been soughL Trustees ha¥a thé power to delegate to professlonal investment managers dear tnveslm•nt policy guiddines. The dwrtl$ oli8cti.vg is to maximisa r•tum owr tha loroJ ten Ilhcrtrt &XC8ediThJ level of rtsk apprr¥Jriatè fw 8 tharity. M8ioriisks The tharity m8Sntains a risk register Vtiith is regularfy revirtd by trustees V•llh pradc4 precautions bging Implem•nt•d by officers and staff. A kgy iSSLfd 1$ lh& position of the tharity a$ a $ubstsntl811gndown8r. Ingjrance F4)liae$ Ore in F4ace ofvirwJ slgnificanl Put4ic and Ernployee Lialxlity Insurance. Tho ext1 of lh8 cover and tho premlums paid are revith¥ed nualty. Structure. goV4n¢¢ and management Thé charity Is conlroNed by its goveming document thg Artides of Association constiiu¢es a Ilnwtfjd company. Kmitgd by guarantee a5 defined by the Cornpanie$Act 2CQ6. The trustees. vtho are also thg thre¢tors for th8 purpose of c¥Jfflpany lthy. and s8rved d1rj theyear and up ¢0 the date of slgnalure of tho ffin8rthl slatgm8nts were.. J Bat8 (Resigrwd 8 OCtor 20231 E Cuide Resionèd 4 O¢tobar 20231 P Do•mes A Halstead C Hughe$ Z Iqbal R Ne8le J Palk P Roblnson (Resigned 30 May 2023} IR8signed 21 Novembor 2023) IRe*gnad 7 JLdy 20231 C K•mp C L Brad(1oy S Purbrick (Appoinled 21 N¢)vember 2023) (Appointed 28 May 20241 IApwJintsd 24 May 21r24) TnJ5tees are appointed by members of the company in ac¢ordanco wlh itsArbcks ofA$s18tiC41. trustees are provided with Sn$1 1ndL¢ll materials kj famifiwis& wbth the workings of tho Soci•ty and their respon3itMlities as tru$t•¢s.
HORSELL COMMON PRESERVATION SOCIETY TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 DECEAIBER 2023 The tNste•s. vkno a also th¢ dweclors Hornell ccrn( Pr•s•r¥all i•ty (of purp of company law. o responsible for prnpathvj tho Trust•e¥ R•pNt aThJ the fThnLial slal•m8nts in acc wilh aFvlicabkn law inrAJme and expenthture, of Ihe chBritsbkn CL¥npany furth yow. . ob•wye lh• Metr) 4Md wlrKIF40• In Ih) . State h•thw aFplIcalo UK Ac£1y1j SIKltrds hw• b¢ frllry•d. w¥•d to d•p•ths dlsdo$l •1 eW8in•d In th• finwK1414latt1. •rn1 wrfll CIlIne In ¢)perntion. •ny time tho fin01 poslkn olts dwity and •blO trm to th•t the fin•nd•l $tat•m•nts compty wth t Compani•$ A¢t 2. Th•y ar• also resp5)1& for s•foguaNAr4J ts assots of thp dwrlty and hgnc• tr taklng Dl•¢lo•uv• ol Infomiatlon to wdtor Eath ol tho Ivusts•$ has w)ffmwd that thw• 18 no hifomillkn of thlL* thoy 4r• aw•r• Is to t iudlt, but of vhti¢h th• authlor is Troy h•M fixlhw confimwd U)at hgv• tak apwowlat• 3t•pi to ownos Trust¢•
HORSELL COMMON PRESERVATION SOCIErY INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF HORSELL COMMON PRESERVATION SOCIErY Oplnlofft have auditeil t Statem Hornell Ccmmc¥) PfeseNalityTr Sodaty {th&'drIty'1 for the year ended 31 Oecefflber 223 rA>mws0 the statemerrt of fmrKéal •thibgs. thè balanca she8t aThJ noteg to ffinondol Sthndard 1ff2 Th8 Repcvtiry in t UK WKI RepuP of It8nd Ivnited Ktngdom In c OPknh, th• finan¢Sd statsmort5." glv• • INO 4nd r Ihe slats ol lh• ¢h•llth cryanys alhlrs as •t 31 D•Lwts 2023 and ol Its InmIng resourc jrolicaion cl the year then end•d.' 8a•l• for oplnlon [KI•d tyjr audit In •c¢ottlm Int•mtiti(wl Slanda(th on Atil¥4 {UK) IISAS IUKII and •pplicabl• IN. Our r•sponsSbnlOes tr#M d•suib8d in tho A¥10 reJpOn&ilfrO3 ffortm 8t1 th• finarKlal 8latom•rks s¢¢1 ol w rwL w• Ilepdent of th• cjwrfty In accord¢¥ tho eihic41 r•qulrem•nt> that r• ral8v•nt b) our of flnarKlal stalom•nts In th8 VK. Iho FRC'S Ethi¢al Standard, Ind w• hffiued othor •tlH¢d r•4xMblill&¥ with th•se rwuir8ments. b•llw• Con¢110n r•l•tlng to golni ¢on¢•ffl In AL#li¥ng IM flnandal stat•m•rts. * havo Imt th• Iru•te•• w ol th• ¢orK•m of 4ccourn9 In lh• olthtr fin¢1•1 statlts is apprryith. condlth)ns that, irKllvldually or may cast grIfi¢ doLI)t tyi the ch•lty'8 4blllty to conlnu• •$ a gol onum lor a p•riod of at Iwt tsvth• rnontr from 71)en the flr1 sl•t•ffl•nts •rn Arfh¢xlsed lor Is$. r•lOv1 8¢¢lbn$ of thls r•poiL Olh•r lrforni•tloTr The olher inlomwon ¢ornwlse8 th• th• arn1 rw1 othw than Ihg fin•r£ial slal•m•nts 4nd our •udito¢s iepyt Th• trustees trtr rnspmsth tr th• otsr infomi•liM cwtaingd %hilhin lh• 8nnu41 report. Our 0pmn on the llnandal slat•ffl•nts d1 not cover the other infomi•tiffi id w• do nDt 9XP$S any fc of a$8uranc• ¢wduslon thwoorL Our r99poMthTrty Is to read Ihe othw inltyrn(>n and. in doiryJ $0, CSId11 %thethor the other M)lomation Is Ir0$tart V•ith th? stht•ments ty our kntrM8dp obtained in the course of the •udiL or appews io bo matwiw missl8tsd. Il** Idtity s1 mat8rAI inconsisterti08 or appafont motortAI misStaknnts. 8re ¢0 d•tsfftino wthether Ihi5 give$ rise to a mat mi$stat&mnt In finan¢io1 $tolem8nts thernsths. 51, based m IM have pwlrnd. ciXKlud• tr1 Uwro Is a mat¢tlal misslatomenl oltrus othgr w¢ rewd ¢0 rewt that t ha¥8 nothkng ¢0 r•wi in tr¥8 r•w M4tt•rn on whl¢h arn rnqulrgd to r•port by •xcWlon have nothing to repwl wi respect lh¢ mths in Io Cl$ {A¢ctyJnts and Reports} RogLd¥fjMs 2006 raqrn us to 18F4Xtto yw il. ow opirn'cm.. ry( Of
HORSELL COMMON PRESERVATION SOCIErY INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF HORSELL COMMON PRESERVATION SOCIETY RespoMlbllltl•s of trwt• As explan•d mor• in Ihe Statennt of INstees' resp¢$111•S, th• bitss. ¥tho ar• also dir•ctor$ of th• ¢hadty for tho purp)se of npY Iw, are resps118 ts the propafaliL ol IIM finan? stAt8ments and for belng salsfiod fvi they gi a tnje 8nd faw Niew. arrfl su( wrtemal contrd as the trustees detemune is no¢0ss8ry to error. In Preparing the finaTl slalern. the trle¥S ? re5POrnt40 lor assèssing th• thanty's abllty to continue as a CLvThm. thxh)sirrfJ. as pcatIo, r4•tod to concwn arKI using th• qolng cOrM basis ol accountsng unl•ss I InJsts•s either lo the ¢a)Qlbtabk company or to c•a$g Audllof• TwpOnIIIII0l forth• audlt olth• Iln•ndal tht•m Wa hav• boen Appoint¢d as •ud6tor 144 cl ChwilO# Acl 2011 # rw In accordanc wlth lh• Ad and r•l8vant regJlat'Qll3 fflado or havtrYJ gffect matsrfal mlsslatem¢ni, Vltth du• to frwd or wror. 8nd to Is$ an audiiorf$ r•wt that KKlud86 our opinS0n. R¢osonal>lo qsswane li a high l•vd of Mswanc4 t•Jt b not • graIa thBt om audit conth accordgr Ith IS4$ IUKI 4Nv•y8 d•t•d • mtsial mlsst4trt th17 It •)usts. MI$statnts can ar5 from fraud or •Tror are consid•r•4 matwNql rf. or kn the aggregat8, trwy rn•wwbty b• •ypothd to Irlluonctr thts e¢onomi¢ dSlOn5 of users laken C the b1 of thes¢ finwKaAI Ststemwrts. lffegularitio$. IndudlTrJ trd. ar• InstwK•s of nCETlanc• wilh l•vs fegulth. l d•slgn pr0Jr•$ In our m8pMiti•. QUINn kn•, lo d8tOCt m8i•rial n1$$tatlS in TeSFrtt rf kr•9ularttl•s. indLbr . tho ong•g8mert •nsw•d th•t th• wagom•nt taarn c4Akn¢lhdy hod tho •woprfth ¢ompg¢•n(¥. Pat•5 and skih to or rncogrise MTr¢oMpbwt •PF45cabl• Im •N1 reguwonb: • w• klentsfi8d lh• l•ws •nd rW•lkns opplKabkn to It dwrty Ihrouoh Ihllh tru$tè•s oll • Wo fcrus•d M $pKific1•4rt arAI r•gul8tions w)sld8r•d may hav• * dty•ct matsdal eifect on th• fina101 statem1 or cp8fations ol thtr r6wlty, IncAKfi the CL¥np8ni•s Ad 2. lh• Charith•8 Act 2011, the Charllles SORP. d•ts prQtrtti. •MplOyn •nvmnmontal artrJ hg81th sahty leqiylathon: . Idantillad18ws 8nd rtgLdaion$ were csxnmunkated ry11 IM t•8m and thè t••M 1MInd understandry of lThi fraud migm ow, by.. . making •nquirtes of mmgemonl arKI Inmtees Os to I1 consMlw¢d U)•r• Shty lo fraud, thr kn11 cl actua( su5peded arKI thged fraud. regulabon5: To address the rF5k ol fr•ud thr04W blas and vmide of¢ontroh, ¥).. . lestad ioum81 efttrt•s to idonffji unusual transa¢lityis: N)dirAtive of potgnfjd tias..
HORSELL COMMON PRESERVATION SOCIErY INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF HORSELL COMMON PRESERVATION SOCIETY In r&spons• lo the rlsk ol irregulaiiies r)fvc(¥nrK• l•ws rn. deslgned wocedures wN¢h Ind1¢d. butw¢Te t bmited to.. gulafjons ar• from fffiancial IsaC11¢. the hss Is that t•KAdd become of nOrcoMplI8nc4. Autliting Standards dso limit tho aLKIit r•rya to id&ntify rMuc1nCti and ragLtlalion8 to •nquiry Oltr biBlS and other Malw al the .0ft of (•gdaW and legal ¢Orr•$poThJ. rf any. IAatsrfal mlsstal•mwts that arfse du• to fruKI bo Iwdw #wi thut art frcrfn wror as they may Invofv¢ ddl)èrats conc•8lmerf&or ccliuslcrfL A lurth•r ol ow r¢sFthHlb'liti•s Is th• Finan¢W R•porflng c11.8 ¥Able •t hiwI'.11 of our rnport This r•port 1$ m8d• so18ty to th• truii•M. •• a body. In rKc4Xd pwt 4 of the Ch•ths IAcwunts •nd R•ptyts} Rogulatiw 2Cth. Our audrt has bew undortak8n so that MW state to the thar+tys tru8t899 those matt•rs arn r•qulr8d to sthto to Ihem in &dtorfs rwt and for Th) oth•r Fuposa. To ts fvil•st •xt•nl permitt•d by Iww, wg Ik> not accopt or •ssum? re¥¢ b) olhpr thon tr*• dwSty and the tha11¥ Alllott• LLP chartW A¢¢ount•nts St•ttrtory Audltar Frtw Court 1>21 Hlgh Str••¢ GwldfrKd GU13DL Al18 LLP Is dlgltle for •ppclrttmwrt as audttty of the th¥lty by cl lor apwntm•nt •• •udttor of company undar $tion 1212 oftho CtyYw'osAd 2(Th.
HORSELL COMMON PRESERVATION SOCIETY STATEMENT OF FINANCIALACTMnES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2023 nds funds 2022 2022 Income •nd andOw from: l)onations and18garies Charit8t4e a¢tivths .807 15.1 2V2.607 91.321 151920 13.T18 26,477 10.828 29250 152.920 73,054 86,832 28.471 10.826 29.250 76.141 17275 Total in¢omo 76.141 446.1 233.251 73,054 >J8.305 ExWid1y0 on: 142,598 71.637 214.Z35 141.559 S5.26 198.585 Total expth)dllur• 142.598 71.637 214335 141.$59 55,028 19S.585 NetgalnslOosses> on Inv8strnents 12 54.781 54.781 167.882) 167,8V21 fun(ts 282221 4.504 .725 23.810 18,fK8 41.838 R•conclll•tlon of funds: FuTrd balan¢¢$ at 1 JU 23 3,$55.192 159.313 3.724.9)5 3.541,382 141285 3,082.087 Fund balances a¢ 31 3.847.413 183.817 4.011 3.585.192 159.313 3.724,9
HORSELL COMMON PRESERVATION SOCIErY BALANCE SHEET AS AT 31 DECEMBER 2023 2022 Flxed 4$$ots Tangl0 assets 14 1S 1,120,780 2.395.978 1.121, 2.341.215 3516.756 3.463,095 Currnrrt a¥s•ts Debtors 17 64.647 57.179 253.1 .(Q1 310.375 Credltorn: amowts talllno kn T1th5n ono year 18 (13.fffj) (48.965) Net cumnt 4ss•ts 494.474 261,410 Tot41 a$s¢ts less current Il•blThtt•• 4.011.230 3,724,505 Net assats eXIng p•nsion li•1 4.011.rAI 3,724.505 The lund¥ of thè charfty Restsicted income IUN Unrestrictsd funds 163,817 3,847.413 159.313 3.565.1¥2 4,011230 3.724.505 144 of th8 ChafitiesAct 2011. Tho trustees. 4$ knaOTS, &ntredge their reswmsitaMi8s for comF45ing ryth th? rnqLar•merts olthe Cc¥npanl8s req[urlfits ol the CnplesACt2lx6. for yw in Westi in s&Xion 478. to Iho smal ¢thnp8rias rme.
HORSELL COMMON PRESERVATION SOCIErY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 ADnI1 polScOes Ch•rfty Inform0 1.1 Accounting convention Finanaal R8poibng Sland8rd appltcatrle in tho UK Repubk crf Ireknrf fFRS 10T} and th& Chariti¥s proparfng tsr accounts in acconkn *ith the Finanaal ReFortino St8nd8rd athicabl8 in the UK and Repubh'c of [reld IFRS 102)° (eiferthe 1 J•xwy 2019). Tlw a P&Aic Benefft Entbty •$ d8fiMd by FRS 102. Cash Nows. 1.2 Golng concern At the tim• ot apwovry Ihe fina1& staknènts. Ihe trusiees have a reasonatk eyctation that the chaTIty 1.3 Charltable fund• objactives. purpos•s. The pse5 w¥J u50$ Oltho de fwd5 Wè sèt (xrt notes to thè ffinar¢ statements. 1A In¢ome Lega¢1 ar¢ rn¢c¥3sed on rec•lpt OllTh rf tKen Tr)tifigd of an im[dIng distrbulion, contiwent 25$0t -10-
HORSELL COMMON PRESERVATION SOCIETY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Accounllng pollcles (Contlnuod) 1.S Expendltu Exp8nrlituro Is recognised 09 th8r8 Is a legal or eonstructiv8 obligation to tfansler econom1¢ efit to IhÉrd party, it is probab that a transfèr of 8conomi¢ beneffils will be reqwr¥d in $etllemont, and the amount of the obligation be measured rebabty. Expendilure Is dassified by actrvity. The rnsts of each 8¢tity are mad8 LP of Ihe total of dir&t ¢o$ts, inciu(fing irr8eoverablè VAT. ar shared costs, induding Support ¢osts Snvolved in undertaking eath adivlty. Dir8et costs altritb10 to a activty aro 9ucled diradty to that actsvity. shar Costs which contribute lo more than one activty and support Costs which are not attributable lo a single adlvity are apportion& bebmeen those activibes on a bgsi$ eonsist•nt lh8 use of resource& C$ntral stgff costs are allrK4ted on the basi$ ofllmé spent. and depreciation tharges •rè allocated on Ihè portion olthe asseys e. 1.6 Tlngiblè f&xéd assats Tanglbla fix8d assets ar8 initially m8asured at cost and sub$ewerth MSur8d at cost or valuation. nèt of depredatlon and any impairnent losses. D8pr•clatton is recognis8d so as to vAite off the cosl or valuation of 4$$0ts10s8 tt) rgsldual valuos over the luse Ihes on the following base5: Freehohl18nd Planl and equipm9nt Motor vehkl 10% on cost 10% on cost The gain or loss arising on th$ disposal ofan asset is detsrnlned a5 the difference botsyeen lh• $•h procggds and tho carng valu8 ot th• 0$8gL And 6s r8cL3nised in th8 statement of finanaal 4thltig$. 1.7 Flxed aet Investments Flxed 85set inveslments are iniiially measured at tran6aclion pric8 8xdudlng Iransacbon C5. and ar& subseqLffjntty measured at fair value al exh pOrn9 dato. Chang•s In fair vdue are recognisèd in n•t incomellexperthrel for the year. Transa¢bon costs are expensed as inMTe A SLthidiary is an entity fA)ntroNed by the tharity. Control is th8 to govem the finanual and OF18 poliues of the ew so as to obtain benefits from Its a¢tivitie& 1.8 Impaimi•nt of fixed assats At ea¢h rèporting énd daté, thè charity rwl•ws the carrylng amounts of ts tanwe as8•ts to detemin• wlher thar8 Is any Indication that thos8 assets have suffered an impainnent ioss. If any such ndation exlsts, the recoverable ol the asseils estwnated in der to thtwmino th• gxiont ol inpaitment loss lif any). 1.9 ¢48h and ¢a$h ¢qulvalonts Cash and cash equNdents Incre cash in hand, d&posits held al ¢all yth banks, other shOte[M liquid invèstmènts orioinal maluriti•$ of thrtt LY Eass. and bank overdrafts. Bank overdrafts aro $hown thln borr(swngs in curr8nt liabiltlies. 11
HORSELL COMMON PRESERVATION SOCIETY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEAIBER 2023 Accountlng poU¢l•s (Continu•dl 1.10 Finandal in•trum•r 'tJhw Finanraal InSINnnts ISS5. of FRS 11Y2 kn dl of its frfwbxl wthment% Finano¥l 8s$èts liaknfrfies ar• offsei the nei anKxuts in th• frnKbal slatsmerts. vthen 8a¥l¢ In•n¢tsl •ssds Basic ffinarKial Sabfjths. (x•Jrt(Ys aThl b¥& IS are wubally rn¢ognis•J at price.FinarK4d1thffjti8s dossi as payat4e V•iilin y¢ar8rn rnt or11$ed. operalTon$ fmm SU"$rs. Amounts payA8 dassified as current tithlrts8s rf PaYt is due Nwthin on8 y•or or lass. 11 rNX they are we51t¢d as nor( liatAtiiie& Tr* c1bJ[S re¢c¥anised InititY at 1.11 T•xatlon 1.12 Employee benefits re¢eiv8d. to temiifth the emF4oym•it cl orto wovth t¢miinthcffl beneffts. Incorne from donallons •nd18gxles fd$ 2023 lunds 2022 292,e07 152.920 12-
HORSELL COMMON PRESERVATION SOCIErY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Income from donalions WMI 18g•cl•¥ (Contlnuedl funds Donatlons and glfts 26.413 282,797 3.397 25.199 124.257 GrftAid Ttt*pts 2V2.e07 152,920 T(tsl Unr•stricted R•strl¢tod funds 2022 Total funds XbLI 2022 grants 11222 76.141 87.363 13,1 86.145 15.1 76.141 91.321 13.778 73.054 88,832 2023 2022 rJ.124 11.222 53.017 21,185 11091 51.889 87.363 e8.145 funds 2023 funds 2022 28.4TT 13-
HORSELL COMMON PRESERVATION SOCIETY NOTES TO THE FINANCIAL STATEMEKfs (CONTINUED) FOR THE YEAR ENDED 310ECEMBER 2023 lunds 17275 10.828 Unregtrlcted Unrestrlcted lunds funds 2023 3022 Net garn on Lrflwyljlg rd assets 29.250 2023 2022 Dirert cosls Staff costs 28.929 $5.824 10.989 28.387 27,995 19.598 27,717 24.322 Highercowitrysth Swards SANG 2 SANG 1 44.124 10.902 156.021 150.768 Support 37.237 9.824 214.235 196.585 An4ly¥ls by fund Unre5thc*ed funds Restricted futhjs 142.598 71,637 141.559 S5.28 214.235 198.585 14-
HORSELL COMMON PRESERVATION SOCIETY NOTES TO THE FINANCIAL STATEAIENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Deproaa 9,451 24.507 7,428 12.634 9,875 204 157 BookkwNJ 58.214 45.817 $8,214 45.817 G0manCe (x)sts IndUd p*ffjirt8 lo Iho of £7.1) VAT 12022.. £s.e plus VAT) for audit Nat moTAmort In Iw 2023 2022 9.824 9,451 7.426 129.2501 10 Tru¥teoS ehority durirg tha yew. 11 Employws 2023 mber Numb•r Employm•rrt costs 2022 49.5rKI 47,827 651 3.150 53.$41 51.828 15-
HORSELL COMMON PRESERVATION SOCIETY NOTES TO THE FINANCIAL STATEMEKfs (CONTINUED) FOR THE YEAR ENDED 31 DECELIABER 2023 11 Employe Icontlnuqd) 12 G•lns and los¥es On Inv¢stsnonts Uniestri¢t¢d Unr•strfclod funds funds 2022 Gansl(bsses) . Rev4uati¢n cllrNos1m 54.761 (67.8821 13 T*xatlon 14 Tanglble flxed At 1 Januw 2023 Adihtio 1.074,278 43.822 30,440 1.148.540 3.252 8.351 At 31 OK•mber2023 1.074278 48,921 13.692 1.156,891 At 1 January 2023 zJ.e16 3.044 28.060 9.451 At 31 Doc8mb8r2023 .413 38,111 Carrying amount At 31 Do¢wnb8r 2023 1.074,278 19.223 27279 1.120.780 At 31 December 2022 1.074278 202C6 27.398 1,121.880 16-
HORSELL COMMON PRESERVATION SOCIETY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 15 Flxod *ss•t investments Listèd Oth Cost or valuatlon At 1 Jarwary r3 Valu81th ¢han99$ T11,429 54,781 1.569.788 2.341.215 54.761 At 31 thcember2023 828.190 1.569,786 2.395.978 Clrrylng amount At 31 December 2023 828.190 1,569.786 2.395.976 At 31 December 2022 771,429 1.569.7e8 2,341,21S 2023 2022 Other inv88knonts compri$o.' InvestrneN8 in 3j9114rf 1,9,?86 1.9,786 16 Flnanclal Instrumgnts 2023 2022 Clrying amount offlnanOISSel5 Instruments m•asuMd atf4irval throu Statefflont of FinantyolAeb¥rti8S 826,190 771.429 17 Debtors Amounts fallng duo wtthin Yr. Trade debtors Prepayments and acuued incom• 81.240 3.407 53.843 64.847 57.179 18 Credltors: amounts falllng du• wlthln one year 2023 Olher taxauon arKI Seeurfty Trade creditOTS Othwcr•dlt¢XS Accruals and deferred irwmo 21.802 18.9e8 7.310 2.143 7.150 13.807 48,985 17-
HORSELL COMMON PRESERVATION SOCIETY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEAIBER 2023 2023 2022 3.150 qualifyiftg 8mF40ys. ass•ts cl tr sch8me are held separ*dy trthm t)$• of the d)ty in 8n indernd administered fuThJ. sut¥ectto specafic by 8$ to hjwtrw may be us8d. At f J•ry kncoffllng Resour¢os At31 2023 SANG 1 SANG2 127.858 117.715} 49.170 124.3221 127.71n {19,598) 103,5 51017 ZJ.124 159.313 76.141 (71,63n 183.817 At 1 uary Incomlng Re50urc8s At31 2022 SING 1 S4NG 2 Higher Ctxmlryskle Ste 138. 125.4 (10,gY21 {44.1241 127.858 {17.715) 49,170 51.889 21.165 141285 73.054 (Ss.Ir28} 159,313 for ftrturn m•ntenance. Higher Cthrttydde Stewd Grwts hwn baon by tho Rur4 Payn1 Agw IRPAI to look 18-
HORSELL COMMON PRESERVATION SOCIErY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 21 UnrMtrOct4d fundts Th& Income fvnd8 ofthe tharity induda tho fornng dg8lgnat•d funds vhjlch hw• bow) sot asid• I1 of unr•$trl¢tsd fund$ by t trusto95 fr>r $p8dfi¢ PLrrposes: At 1 Janu•ry Incomlng soUrC•S 2023 re1¢•$ •xpond•d G•ln• and At31 loss D•c•mb•r 2023 Doslgnalod Land R•$erve D•signit•d Inv4slm•nt Furrfl LandAcqUI1l0n R•88 Legal Contingoftd¢s ft•0 Gen•ral lund$ 1,074,278 1,589,786 120,000 50.000 751,128 1,074,278 1.569.788 120.000 50,000 1.033.349 370,058 1142.5981 S4,761 3.565.192 370.058 {142.598) S4,761 3,847.413 PMvbou• y•ar. At 1 J4nuary 2022 Incomlng R••ourc•s r•*our¢ •xpend•d In• Ind A131 DK•mb•r 2D22 D•Jtgnalgd Ld R•smi Dtr¥lgn8t¢d Inve$bM•nt Fund Land Acqul¥lVon Reserv8 L•gal Contlnynd•8 R•8•rv• GTal fvnds 1.074.278 1,589,788 120,000 60,000 727,318 1,074,278 1.569,788 120,000 50,OCQ 751,128 Z33,251 1141,559) (87.8821 3,541.382 233,251 1141.5581 187.882 3,$95,192 D•slgnalod L•nd Rerm - Th15 fund repr•8ents r•8•rvea ti•d up In th• nd held by the thartty and are not readily avall8bl•. Oe•lgnated Investment Fund - This fvnd rgpr•stnts the Inv8$imont In lh• $ub$ldiwy company, H•ather Fam Ltd, vknl¢h 18 8 long tgmi Invosknenl and not readily avallabla. Land A¢qul$Ellon Ru•r¥• - Th• Twst••$ hw• •st•bllsh•d thls (und to acqutr• land 8c¢eM rtghts lo prot•d th• Common. Legal Contlngencles Ro8eThg- Thls lund h•s be set up to maet pot¢ntbal kgal cojts 8ri8ing Ifom adjon required to Protect tharity and11$ land. 19-
HORSELL COMMON PRESERVATION SOCIETY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 22 An•lysl$ of net •ts IKtween fvnds Unr¢strictsd R¢stri¢ted fundg funds 2023 2023 Total 2023 At 31 December 2023: Tangible assets Invtrstmonts Curront assètsllliaknlib¢$) 1,120,780 2,232,159 494.474 1.120.780 2.395,976 494.474 163,817 3,847,413 163.817 4.011.230 Unr¢strf¢ted Re$trfrt•d funds funds 2022 2022 TJtal 2022 At 31 Oecember 202t. Tangibb assets Investments Current ass8tsll1iaityos) 1,121.880 2,181,902 261,410 1.121.880 2,341.215 261,410 159.313 3,S35,192 159,313 3,724,505 23 Ada1 party transa¢lion¥ Ther• *r• no th$doSab related party transaaions dng tha ye¥ (2022. non•l. 24 Subsldlarles In 2014 a whclly owneEI Subsidiary was formed culled 'Healher Farm Limilecf (company numb9r 9331831 r•glst8rad in En9land & M¥les) ts) dgvelop and manage th8 remaining building at Plegther Fam. At 31 Oecember 2023 thè profit lor th• year b9foro the aldad dMattM lo the charlty was £147.229 12022.. £159,446) and net assets wer6 £1,742.10812022.. £1.767.6761. -20-