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 CU￿0
P Dovmes
A Hal$tgad
C Hughes
Z Iqbal
RNea
J Palk
P Roknnson
Scott
C Kgmp
C L Br￿￿eY
S Puthri¢k
(Rosigned 30 May 2023)
IResi9ned 21 Novembw2023)
IR¢$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¥s￿d by th• (**bty Cthnmls*on 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 T*w •(•
Jupp￿led In all *rea$ of by th• TnAIMs.
Thls anoth•r fvl y•v ofwork ¢4nlinurrfJ the pr￿¢￿ M￿•98￿￿1 crf th• CcKnm
pGmd$.
Many ofth• ¢Ory￿t• v0km￿ have be•n ¥woP¥4d Èn t￿￿ding bkd b)xes wilh ovw 200 h￿kn9 bo•n pul up on th•
Common. Trustee Maryo S¢ott 1$ inforn* mcmittyityi usag• of lh• LwJx•& S*ift 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 9￿d 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 e￿Ou￿ their pthic use. The residL
Thls represents the baance 011￿ used to mai*ain 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$SorAa￿Qn of the charity, the truslees have wide power5 tr) hdd, apply or invest
the charitys monie$. slo¢k$ and $f￿r?9 and shall in Ihgir absolute discretion if thougm fiL provided tPkql the
appro￿ats professional advice has been soughL Trustees ha¥a thé power to delegate to professlonal investment
managers dear tnveslm•nt policy guiddines. The dwrtl$ 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 V*tiith is regularfy revi*rtd 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 ext￿1 of lh8 cover and tho premlums paid are revith¥ed
nualty.
Structure. goV￿￿4n¢¢ 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$Act 2CQ6.
The trustees. vtho are also thg thre¢tors for th8 purpose of c¥Jfflpany lthy. and s8rved d￿1r￿j theyear and up ¢0
the date of slgnalure of tho ffin8rthl slatgm8nts were..
J Bat8
(Resigrwd 8 OCto￿r 20231
E Cuide
Resionèd 4 O¢tobar 20231
P Do•mes
A Halstead
C Hughe$
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$s￿18tiC41. 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 cc￿rn(￿ 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 aFplIcal￿o UK Ac£1y￿1￿j SI*Kltrds hw• b¢￿ frllry*•d. w¥•d to d•p•ths
dlsdo$*l •￿1 eW8in•d In th• finwK1414lat￿t1. •rn1
wrfll CI￿lIn￿e In ¢)perntion.
•ny time tho fin￿￿01 poslkn olts dwity and ￿•blO tr*m to th•t the fin•nd•l $tat•m•nts compty wth t
Compani•$ A¢t 2￿. Th•y ar• also resp￿5￿)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&'d￿rIty'1 for the year ended
31 Oecefflber 2￿23 rA>mws0 the statemerrt of fmrKéal •thibgs. thè balanca she8t aThJ noteg to ffinondol
Sthndard 1ff2 Th8 Repcvtiry in t￿ UK WKI RepuP* of It￿8nd 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
In￿mIng 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 A￿￿til¥4 {UK) IISAS IUKII and •pplicabl•
IN. Our r•sponsSbnlOes tr#M d•suib8d in tho A￿¥10￿￿ reJpOn&il￿frO3 ffortm 8t￿1
th• finarKlal 8latom•rks s¢¢1*￿ ol w rwL w• I￿lep￿dent 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¢1￿10n* 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
4ccour￿n9 In lh• olthtr fin￿¢1•1 stat￿l￿ts 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 7*1)en the fl￿r￿1 sl•t•ffl•nts •rn Arfh¢xlsed lor Is$￿.
r•lOv￿1 8¢¢lbn$ of thls r•poiL
Olh•r lrforni•tloTr
The olher inlomwon ¢ornwlse8 th• th• arn￿1 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 0pm￿n on the llnandal slat•ffl•nts d￿1 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 $0, C￿SId11
%thethor the other M)lomation Is Ir￿0￿$tart V•ith th? stht•ments ty our kntrM8dp obtained in
the course of the •udiL or appews io bo matwiw missl8tsd. Il** Id￿tity s￿1 mat8rAI inconsisterti08
or appafont motortAI misStakn￿nts. ￿ 8re ¢0 d•tsfftino wthether Ihi5 give$ rise to a mat￿￿ mi$stat&mnt
In finan¢io1 $tolem8nts thernsths. 51, based m IM have pwlrnd. ￿ ciXKlud• tr￿1 Uwro Is a
mat¢tlal misslatomenl oltrus othgr w¢ rewd ¢0 rewt that t
ha¥8 nothkng ¢0 r•wi in tr¥8 r•w
M4tt•rn on whl¢h arn rnqulrgd to r•port by •xcWlon
have nothing to repwl wi respect ￿ lh¢ mths in Io Cl￿$ {A¢ctyJnts and
Reports} RogLd¥fjMs 2006 raq￿rn 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 Staten￿nt of INstees' resp¢￿$*￿111•S, th• bitss. ¥tho ar• also dir•ctor$ of th•
¢hadty for tho purp)se of ￿np￿Y Iw*, are resp￿s1￿18 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 finaT￿l slalern￿. the tr￿le¥S *? re5POrnt40 lor assèssing th• thanty's abllty to
continue as a CLvThm. thxh)sirrfJ. as ￿p￿catIo, r4•tod to concwn arKI using th• qolng
cOr￿M basis ol accountsng unl•ss I￿ InJsts•s either lo the ¢a)Qlbtabk company or to c•a$g
Audllof• TwpOn￿￿IIIII0l forth• audlt olth• Iln•ndal tht•m
Wa hav• boen Appoint¢d as •ud6tor 144 cl ChwilO# Acl 2011 *#* rw In accordanc* wlth lh•
Ad and r•l8vant regJlat'Qll3 fflado or havtrYJ gffect
matsrfal mlsslatem¢ni, Vltth du• to frwd or wror. 8nd to Is$￿ an audiiorf$ r•wt that KKlud86 our opinS0n.
R¢osonal>lo qsswane* li a high l•vd of Mswanc4 t•Jt b not • g￿raI￿a thBt om audit conth￿ accordgr
*Ith IS4$ IUKI 4Nv•y8 d•t•d • mtsial mlsst4trt th1￿7 It •)usts. MI$stat￿nts can ar5* from fraud or
•Tror are consid•r•4 matwNql rf. or kn the aggregat8, trwy rn•wwbty b• •ypothd to Irlluonctr
thts e¢onomi¢ d￿SlOn5 of users laken C￿ the b￿1* of thes¢ finwKaAI Ststemwrts.
lffegularitio$. IndudlTrJ tr￿d. ar• InstwK•s of n￿￿C￿ET￿lanc• wilh l•vs fegulth. l* d•slgn pr￿0￿Jr•$ In
our m8p￿Miti•*. QUINn￿ *kn•, lo d8tOCt m8i•rial n1$$tat￿lS in TeSFrtt rf kr•9ularttl•s. indLb*r
. 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¢oMpbw￿t •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 $pKific1•4rt arAI r•gul8tions w)sld8r•d may hav• * dty•ct matsdal eifect on th•
fina￿101 statem￿1* or cp8fations ol thtr r*6wlty, IncAKfi￿ the CL¥np8ni•s Ad 2￿￿. lh• Charith•8 Act
2011, the Charllles SORP. d•ts prQtrtti￿. •MplOyn￿ •nvmnmontal artrJ hg81th sahty leqiylathon:
. Idantillad18ws 8nd rtgLdaion$ were csxnmunkated *ry11￿ IM t•8m and thè t••M 1￿MIn￿d
understandry of lThi fraud migm ow, by..
. making •nquirtes of mmgemonl arKI Inmtees Os to I1￿ consMlw¢d U)•r• S￿hty lo
fraud, th*r kn￿11￿￿￿ 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(¥n*rK• l•ws rn￿. deslgned wocedures
wN¢h Ind￿1¢d. butw¢Te ￿t bmited to..
gulafjons ar• from fffiancial I￿saC11¢￿. the hss Is that t•KAdd become of nOr￿coMplI8nc4.
Autliting Standards dso limit tho aLKIit r•rya￿ to id&ntify rMuc￿￿1￿nCti and ragLtlalion8 to
•nquiry Oltr￿ biBl￿S and other Malw￿ al￿ the ￿.0ft of (•gdaW and legal ¢Orr•$poThJ￿￿. rf any.
IAatsrfal mlsstal•mwts that arfse du• to fruKI bo Iwdw #wi thut art￿ frcrfn wror as they may
Invofv¢ ddl)èrats conc•8lmerf&or ccliuslcrfL
A lurth•r ol ow r¢sFthHlb'liti•s Is th• Finan¢W R•porflng c￿￿￿11.8 ¥Ab￿le •t hiwI'.11
of our rnport
This r•port 1$ 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
Al￿18 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
ExWid1￿y0 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 J￿U
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
Tangl￿0 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 T*1th5n
ono year
18
(13.fffj)
(48.965)
Net cumnt 4ss•ts
494.474
261,410
Tot41 a$s¢ts less current Il•blThtt••
4.011.230
3,724,505
Net assats eX￿￿Ing p•nsion li•1
4.011.rAI
3,724.505
The lund¥ of thè charfty
Restsicted income IUN
Unrestrictsd funds
163,817
3,847.413
159.313
3.565.1¥2
4,011230
3.724.505
144 of th8 ChafitiesAct 2011.
Tho trustees. 4$ knaOTS, &*ntr￿edge their reswmsitaMi8s for comF45ing *ryth th? rnqLar•merts olthe Cc¥npanl8s
req[ur￿lfits ol the C￿np￿lesACt2lx6. for yw in Westi￿ in s&Xion 478.
to Iho smal ¢thnp8rias r*me.

HORSELL COMMON PRESERVATION SOCIErY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
A￿D￿nI1￿ polScOes
Ch•rfty Inform￿0￿
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 [rel￿d 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 fina￿1& staknènts. Ihe trusiees have a reasonatk eyctation that the chaTIty
1.3 Charltable fund•
objactives.
purpos•s. The p￿￿se5 w¥J u50$ Oltho d￿￿e￿ fwd5 Wè sèt (xrt notes to thè ffinar￿¢￿ statements.
1A In¢ome
Lega¢1￿ ar¢ rn¢c¥3￿sed on rec•lpt ￿ Oll￿Th 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 0￿9 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 $etllemont, and the amount of
the obligation be measured rebabty.
Expendilure Is dassified by actrvity. The rnsts of each 8¢ti￿ty are mad8 LP of Ihe total of dir&t ¢o$ts,
inciu(fing irr8eoverablè VAT. ar￿ shared costs, induding Support ¢osts Snvolved in undertaking eath adivlty.
Dir8et costs altrit￿b10 to a activty aro 9uc￿led 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 M￿Sur8d 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 car￿ng valu8 ot th• 0$8gL And 6s r8cL*3nised in th8 statement of finanaal 4thltig$.
1.7 Flxed a￿et Investments
Flxed 85set inveslments are iniiially measured at tran6aclion pric8 8xdudlng Iransacbon C￿5. and ar&
subseqLffjntty measured at fair value al exh ￿pOr￿n9 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 OF￿18￿
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•
w￿lher thar8 Is any Indication that thos8 assets have suffered an impainnent ioss. If any such ￿nd￿ation
exlsts, the recoverable ol the asseils estwnated in ￿der to thtwmino th• gxiont ol inpaitment
loss lif any).
1.9 ¢48h and ¢a$h ¢qulvalonts
Cash and cash equNdents Incr￿￿e cash in hand, d&posits held al ¢all y￿th banks, other shO￿te[M liquid
invèstmènts orioinal maluriti•$ 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 InSINn￿nts ISS￿5. of FRS 11Y2 kn dl of its frfwbxl wthment%
Finano¥l 8s$èts liaknfrfies ar• offsei the nei anKxuts in th• frnKbal slatsmerts. vthen
8a¥l¢ In•n¢tsl •ssds
Basic ffinarKial Sabfjths. (x•Jrt(Ys aThl b¥& I￿S are wubally rn¢ognis•J at
price.FinarK4d1thffjti8s dossi￿ as payat4e V•iilin y¢ar8rn rnt ￿or11$ed.
operalTon$ fmm SU￿"$rs. Amounts pay*A8 dassified as current tithlrts8s rf PaY￿t is due Nwthin on8
y•or or lass. 11 rNX they are we5*1t¢d as nor￿(￿￿ liatAtiiie& Tr* c￿1bJ[S re¢c¥anised Initi￿tY at
1.11 T•xatlon
1.12 Employee benefits
re¢eiv8d.
to temiifth the emF4oym•it cl orto wovth t¢miinthcffl beneffts.
Incorne from donallons •nd18gxles
f￿d$
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 r￿d 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
G0￿manCe (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 ￿r￿3
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 3￿j91￿14rf
1,￿9,?86
1.￿9,786
16 Flnanclal Instrumgnts
2023
2022
Clrying amount offlnan￿OI￿SSel5
Instruments m•asuMd atf4irval￿ throu￿ Statefflont of FinantyolAeb¥rti8S
826,190
771.429
17 Debtors
Amounts fallng duo wtthin Y￿r.
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 8mF40y￿s. ass•ts cl tr
sch8me are held separ*dy trthm t￿)$• of the d)ty in 8n inder￿nd￿ administered fuThJ.
sut¥ectto specafic by 8$ 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 u￿ary 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 Stew￿d 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 forn￿￿ng dg8lgnat•d funds vhjlch hw• bow) sot asid• I￿1 of
unr•$trl¢tsd fund$ by t￿ trusto95 fr>r $p8dfi¢ PLrrposes:
At 1 Janu•ry
Incomlng ￿soUrC•S
2023 re￿￿1¢•$ •xpond•d
G•ln• and
At31
loss￿ D•c•mb•r
2023
Doslgnalod Land R•$erve
D•signit•d Inv4slm•nt Furrfl
LandAcqUI￿1l0n R•88
Legal Contingoftd¢s ft•￿0
Gen•ral lund$
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 L￿d R•smi
Dtr¥lgn8t¢d Inve$bM•nt Fund
Land Acqul¥lVon Reserv8
L•gal Contlnynd•8 R•8•rv•
G￿￿Tal 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,$95,192
D•slgnalod L•nd R￿erm - Th15 fund repr•8ents r•8•rvea ti•d up In th• ￿nd held by the thartty
and are not readily avall8bl•.
Oe•lgnated Investment Fund - This fvnd rgpr•stnts the Inv8$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
T*Jtal
2022
At 31 Oecember 202t.
Tangibb assets
Investments
Current ass8tsll1ia￿ityos)
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 d￿ng 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-