REGISTERED COMPANY NUMBER,. 04641883Fngland and Wale81
REGISTERED CHARITY NUMBER'.1127071
UDI
EDF
NCI
AT
ME
EN
00
BUI
RE
Mccabe Ford Williarns
Chartered AG(x)vnlants
Bank Chambers
1 Cèntral Avenue
SittingLx)urne
Kent
ME104AE

EFIN
CIAL STATE
DED3
FOR THE YEA
Page
Report of the Truste8S
Independent Examlner's Report
Statement of FIn￿¢1￿ Actlvllles
Balance Sheet
9 to 10
Notes to the Flnanclal Statements
11 10 20

EG
ED
BER:
TR
The trustees are also directors ol the charily for the purrrf)ses ￿ the Companle8 Act 2tX)6, present th￿r teport with
th8 financial s1aleTr￿nts ol the charity lor the year wded 31 March 2021. The Iruslees have adopted Ihe provisions ol
Acc(wnling and Reporiing by Chafities.. Slalemenl ol Recommenikd Prdctice applicable lo charit￿S preparing their
accounts in ￿C￿rdance wlh the Financial Reporting Standard aPpE￿ab￿ In the UK and Republic of Ireland IFRS 1021
leffeGlive1 January 20191.
OBJECTIVES AND ACTIVITIES
Objacllves and alms
Sevemdroog Caslle BU￿dIng Preservalion Tnjsl ISCBPTI is a company limited by guarw7lee and a registered charity.
The ol'ects oil the charity are to promote the education of public by pteserving frK the beT*fil ol the wple ol the
London &)iough ol Grewwich and L* nation this h￿tOri￿al, archileclural and constructional heritage of Ihe building
known as s9vemdr￿)g Castle, a gr*e 2 lisled buildirrfJ.
In settitvJ otyedi¥e8 and pl￿ning activities, the Tnjstees have gfven due r￿ns￿leratIOn of the ChaFily CommissHJ)
published guidan￿ on the okEration ol Publlc Benefit requirem￿]1.
Ovwview of AcllvllSes
Financiaty, the Twsl {&s 8 smal ￿ntage charity) h88 Wea{h￿ed the Covid-19 P8ndeNKc bètter than had been
anliclpaled given lack of vlsitor fOoff￿1 for the entire financial year. The Trust has, in f￿1, achiewj a small surplus
ol income over expeNlilure. Whist the Castk was physically ckjsed. the Trust has sought to engage wlh the
mmunily in drfferenl ways- in p8¢1icular by onkne comlnunity activit￿$, The tea-room, operat&l under license by
independent company Terra￿ Catering, remained open for most ol th8 year, arKt has teen a beacon of normality in
olheNi8e uncertain period.
Revlew of Actlvltieg
Vlsllors.. the T￿st usually OFens the main r(J)ms and vie4ring platform Ici m8thrs of the wbliG each Sunday
throughout mosl ol the year. This year, the main looms view(ng plaifoJrn remain￿ ¢knsed as lam(x)gst 01k￿r
mallers) slle and configuralK)n ol the ro(m$ made il d5fficull lo otEn in a Covid secure manner. The Castle did
manage lo hokl several Covid secure ￿eddings/eyents wher¢ cjr¢um$lan￿S pomiilled in order lo fu￿111 prior conlractual
oIAig81ions. The Twsl participated in the London online oFen House 2020 ￿ekend and steps we taken lo investigate
the live slre8min9 of the wewfrom the vieww plaifoirn.
The lea room.. Ihe tea room continued lo ope￿Ie the most of the year g￿ing public ac¢e8S to the ground floor and
oUts￿e courtyard. The concession lo Terra￿ Catering W>￿ed guaranleed rnonlhly income forlhe TNSI.
Events and activities.. the Trust ￿lgInalty planned a convenlional festival around Castle in June 2020, wh￿h was
supported by CAF, When this was cancd1￿ due to Covid 19 this was reshaped to an online version, "SeVerndro(￿j
Fes12020', thlch ran online only from 29 August lo 5 September. This was a ￿lebratIon of the Caslie aThJ its
communily through online ￿rfOrnan￿s and actNiities. The leslival rdn lo some 62 events, including nwsical events,
hisloriGal lalks, uaft activit￿s, y(yJa ¥K)rksWs, and the rernInB￿nC8 prcled. These can still LE found online. Thete
was an online appEaran￿ of Father chr￿111188 al the Castle.
Page1

S7LE BU
LD
Trus
us
EES
OBJECTIVES ANDACTivrriES
Revlew of Aclivilles
Finances.. whilst more lully describd in finanaal review, the Tnjsl were able lo lake advall1￿e of fudough and
fle¥Jb￿ furbugh (from bknvember 20201 for staff members. and the Castle al80 beneht(ed from the Herilage Lottery and
Royal Borough of Greenwch Cowd-19 rc¢overy schewES.
Fundra15iro obiectives TAEre ieMew& and the cast￿ benefited from the airing of short Ix￿ on BBC LryKlon Tonight in
February 2￿21 which prompted allurry ol donation h>come.
Hlstorlcal context of the &isll&', The Trust look inilid stsps lo deal wth ils hr61oriGal links to the East India Company
th a wo￿ng party tharged lo rep)rt on this issue.
Volunteers.. there was 0￿Y Ighl vdunleer acllvity during the year Iwilh the Castle to publicl. Volunteers
assisled in the online leslival (for Instan￿ ddiverit¥J clay lorlhe ciaft work$hopsl and deaning activikn.
Tn28tees'. n))sl meetings were 8￿cessfUllY held online. An open exercise was comrrEnced to recruit a number of new
Iruslees. Advertisements were yaced in the Comrnunily and on vo￿nIe&r$, siles, which achiewed a pleasingly slror¥J
response. Whilst the exercise was not finished by the year erKJ, by May 2021, 5 new mernbe￿ and Trustees had been
appointed with wide and dwet5e b￿kgr(￿Ind$.
Fabrlc., the TNslees, as ah¥ays, continued lo monitor maintan the fabriG ol the Cast￿. Vanor repair works lo
Castle's fabric look ￿a￿. Long terffls maintenatKe plans were reMe￿ed.
Plans for th8 fulur8'. havtng managed lo weat￿r the CovKI.19 F&)d￿1C so far. the Truslees ￿maIn commiited ki
pl&ing the Castle on suslanable financial fooling whilst ensuring Ihat il ￿MaInS an allra¢tion for local people lo enjoy.
Such an approach wll enabb il lo meet its charilaNe Obl￿tIVeS and f￿aIn an asset which the bcal cotnmunlfy can
enioy. A rewsed bu slness strategy is being coincluded,
ACHIEVEMENT AND PERFWNCE
PLANS FOR THE FUTURE
The TNstees objcrlNe is lo pl￿ the Casue on a suslainaile financid fiK)ling whilst ensuring Ihal il remains an
attraction lor k)cal b ￿loY. Such an approach will eTrab￿ il to remaln a Iwal comrnunily a&8el for many years lo
come
Page 2

EB
TER
ER,.
FINANCIAL REVIEW
na)¢ld F*)sltlon
For the financial year ended 31 March 2(r21, I￿re have been altrK)sl no actiiilies al the Castle other than the café a￿1
some ￿￿dIr￿j5. Despite this and thanks lo the GovemftEnl's furk)ugh scheme, generous donations. grants arKI
responsi)le control ol exp8n(lilure Ihe Trust has generated a surplus on the general &counl and ends the year wlh a
reasonable level of resetV8s. The question that Imslees have grappled wih all year remains. beiw how a susiainable
business mcKlel can be built A further posllive is that have deter￿1￿￿ that the Ca511e runnirKJ ¢￿ts excluding staff
salaries are £25,(￿ per aTrnum.
The challenge for 21122 and beyo￿1 is how expenditure can be matched to In￿Me lo ¢reale a sUsts1n8b￿ business
model and ￿lthOU1 unreali81i¢ assumplion8 of the value of hire in(x)me,
In(L>me for the year end￿ 31 March 2021 arnLiunted lo £91,1731202O,' £80,514), and expenditure amounted lo £67,263
12020,, £114,335). The charitable adivilies in Ihe year we detailed in note 5.
As a resull of the above m0Vew￿￿￿, a surplus of £23,91012020'. defKil of £33,821) was rep)rted lor the year. Funds
carried fomrd lola1 £57,453 12020.. £33,541. ol which £19,301 12020.. £18,1361 are Rslri(led funds and £38,152
12020.. £15,40n &e unreslricl8d lunds.
Reserves pollcy
Resetves are ￿quir&I lo cover the 3 month ￿inter wod when the buildlng i8 dosed atvj a further amount io alk)w for
fluctual￿n$ in both V￿rtOr and gvenl Inmme. TIE Iwstees Consid￿ the latter lo be the major sh(rt lem) risk lo the Trust
and ￿nce a further mnths income should be he￿ against s￿h a possitxlity. In lolal a resetve of £37.5(x) is
considered reasonable. Given the currenlfree resetves of £38,152, the Ghanty currenlty meeting this ￿1¢y.
Golno concern
After fflaking appropriate enquiries, the Trustees have a ￿SOnable expeGtalion thal the ¢xmpany has adequate
resources lo continue in operational exislen¢e for the foreseeable future. For this reason they continue lo adopt the
going concern basis in prepari￿ the finan(aal state[￿nts. Further detaib regarding the ado￿.[￿1 of the golng cOn￿M
basis can be found in the AÉxounltiig Ptslirks
Al the lime of swJning Ihe acLounts the TNslees are awdre ol the potential ecc4)omic and social effects of the Covid-19
rus outbreak. The lull imp8d ol the pandem￿ on the UK Konomy is yet lo seen, bul the L*arity wlll continue lo
seek lo [nil￿ale this risk by lollowlng the UK Govemmenfs guidelines, adaplingldevdoping its own inlem81 strategy,
and ulilising the UK Govemmenls financkql support sch8mes, includ1￿ the Coronaviru8 Job Relent￿ Scherne, W￿re
availab￿.
MATERIAL INvEST￿s POLICY
Inve8tmenl actIvi￿eS are managed in line wlh the requirements Df the Ttuslee Ad 2CK)O, The Trustees, havi￿ regard lo
the liquidity requirements of operating the charily to the reseNes pdicy, will 0￿rat9 a poficy of keeping availaNe
funds in inleresl bearing deposit arL(xJnts.
STRUCTURE, GOVERNANCE AND MANAGEVENT
Governlng docurn811t
The chaiily is (x)ntrolled by its wvemlng document. 8 deed of trust, a￿1 conslilutes a limiled company, lIm￿ed by
guarantee, as defined by the Companies Act 20(￿.
P8ge 3

CG CAS
TRUST
REPORT ￿ T
DED 31 ￿IRc
STRUCTURE, GOVERNANCE AND MANAGEMENT
Charlly conslilulion
The cornpany is limited by guarantee and is registered in EngLand arnl Wales (Company Registration Number
046418831, and is a registered charily, nurnber 1127071. The charitys govemirrfJ dwurnenl is a Memorandum ol
AssorAaUon dated 3 November 2(K)2. and subsequen15y amended on 18 June 2008, ￿nder wh￿h the charily
consilluled.
Recrullment and appointment ol new Iru8teeg
The management of the (A)rrwny is the I￿￿￿n$1b1I1tY of the Twslees who are elecfed and cmpled under the lerffls of
the Art￿￿$ olAssc¢ialion.
The goveming d￿Ument prescribes tha there shall be a minimum of three Iruslees and a maximum of ￿1Ve, Al every
other Annu81 General Meeting of the rnernb￿. one third of the INslees shall retire from office, being t￿se with the
long￿1 s£Y￿¢e.
The relwing Iruslees shall be eligib￿ lor re*leclion, except if they have failed without g(Kxl reason lo attend 25% or
rnore ol the truslee rneelit¥J5 over the period ol their apw'ntmenl. They shal be entitled lo sland for election al a
Subsequent Annual General M8eling.
In selecling Iruslees, the charity musl have regard tci the skills, knowledge and experien￿ ne&led lor the dfective
admKIFslration of chariiy.
Organlsatlonal slTuclure and D8cl8loD maklng
TIE ￿)￿rd is organi8ed so that the Trustees meet regulady lo shape and monitor the work ol Sevemdrw Castle
Building Preservation Trust. Any th￿ Trustees may instruct the Secretary al any lime to call a meelng. Decisions are
made by a simple fflaiorily d v(ts5 cast al a meellng. In Ihe case of an eqL4aity of votes, the PEfson tho chalrs the
nEeling shall have a Sbyond (K ￿aStIng vole. No decision shall be taken al a meeting unless a quwm is present. A
quorum is fourlru8lees.
Inducllon and tranlng of new Iiuslees
The charity makes avaIlal￿e to e8ch newTrusl* on orbefote his or ￿rfErst appoinlmenl..
a} A copy of the curr￿1 version ol th8 Artrcles of Assock?lion.' and
b} A ￿pY of the charills latest Twslees, annual rept* and statement ol ac¢ouTrts
Training is made available to Trustees, when required.
Rlsk management
The Irustees have a duly ID Id￿tify and rewew the ri8ks k) which the charity is exposed and to ensure appropriats, The
Trustees have assess￿ the major risks lo which the Charity is exposed. those related lo opentions an finan￿ of
the company and are Satisfi￿ that syslelns and prwedures are in plaTr lo rnitigale ow exposufft io Ihe major riskg. The
key risks lacing Ihe charity relate lo the FX)lenlial k)ss ol incorne due lo the coronavirus paNlemic and buildiThJ a
suff￿8n1 revenue base lo meet ccKe cost controls are in place to provide reasoTrable assurance ag￿nst1raud and error.
REFERENCE AND ADMINISTPATIVE DETAILS
Reglslered G)mpany numbeT
04641883 (England and Wales)
Isler&J Charlly number
1127071
Page 4

ERN
RE
ED
RT
RoJlstered offlce
Sevemdroog Caslle
Shooters Hill
London
SE18 3RT
TTuslees
Dr Z T Beaven lappoinled 215.201 (resigned 6.12,201
Mrsm T
N M Emerson lappoinled 19.5.201
SJMann
H J Robins lappoinleA 27.1.21}
J A Gcode lapwinled 14.5.211
R A R Hasel lappoint￿ 14.5.211
Mrs E Sweeney laptK)inled14.5.211
Mrs K E Winsal lappoinled14.5.211
A 8ullivanl Ireslgll￿ 25.7.201
S G Crow (resigned X1.6.201
P T Denny Iresigned 28.6.201
R Haye5 Irestgned 6.12.201
A P Hayes I￿s1g￿ed 29,10,201
K K Schul {resigned 8.1.211
P Townrow IresIgn￿ 31.7.201
Company ￿retsry
N M Emwson
lThdependw¢l Examlner
Mccabe Ford Wiliarr
Chartered Accountants
B￿k Chambers
1 Central Amue
sittitKJboume
Kent
ME104AE
TRUSTEE9 RESPONSIBILITY STATEMENT
The Iruslees I￿0 are also the directors ol SeverrKlroog Caslle P￿[￿1￿9 P￿s￿allor* Ttusl for the purFM)se$ of company
lawl are responsible for weparing the Fieport ol Ihe Trust￿$ and the linanoal slalements in ￿rdanc8 Tmlh appliG3ble
law and United Kingdorn A￿oUntIng Standards Iuniied Kingdom GenerallyA￿pled Accounting PTaGli(Èl.
Company18w r6x]ulN lh8 Iru5tees lo prepare financial slalen*nts for Èach finaneial year whlch give a tsue and fair view
of the stale ol affairs ￿ the charitsbte c(Ynpany and of the incoming resources and application of resou￿8, includiro
the In￿n* and experKiilure, ol the charitable crAnpany for that peri(Kl. In preparing ￿se financial state￿Ents, Ihe
Iruslee$ are required to
select suilable acc(yJnling wjltcies a￿t then apply them consislenly,.
observe Ihe r￿th(￿S and principles in the Charity SORP.,
makel￿gemen1$ and eslimales that are reasonable and wudenl.,
prepare the financial slalements on the goi￿ concem basis unless it is inappropriate lo presume that the Gharita)le
company ￿11 continue in busiiess.
Page 5

G CASTLEB
LD
GP
641883
TRUST
RUST
FO
&4R
TRUSTEES, RESPONSIBILITY STATEMENT- contlnueAJ
The Iruslees are respOns￿le for keeping propw accounting Tecords whiGh di8close ￿th reasonable accuracy al any
litne the financial PDsIIiDn ol the charitable company and lo enable them lo ensure that the financial slalefflenls CCmFIy
with the Companies Act 2006. They are also responsble I￿ safeguarding the assets d the Charitab￿ company and
hen￿ for tsking ￿asonable steps forlhe wevenlion and detecti￿ of fraud and olherirregularities.
This ¥etN)rt has been prepar￿ In a(Lordan(E wth the $￿ck￿l provisions ol Part 15 of the Companies Act 2006 relating
lo small companies.
li
Ar¢)roved by order of the board of INslees on ..,,. ........, .,...... ............. ...... and signed on its tsehall by..
TnJ8ke
Page 6

ENT
MIN
TO
GPR
STEES
VA
SE
EBU
RUS
Independent exanlnerfs report to the Irustees of S8verndroog Castl8 Bulldlng Preservatlon Twsl Cthe
Company'l
I report to the charity tntslees on my eThnirtralion oflhe accounts ofthe Company for the year &￿ed 31 March 2021.
Regponslbllllles and basls of report
As the charltls liustees of Ihe Company larKI also its direct(Ks lor the wrposes ol company lawl you are responsible
for the preparalK)n of the accounts in ac¢orcSatKe vmlh Ihe requireftEnls ol the Companies ALI 20061'the 20C6 Acl'l.
Having satisfied myself that the a¢Lounls tsf the Company are not required lo be audited under Part 16 01 Ihe 2006 Acl
aNt are eligible lor inikpendenl examination, I re￿rt in respecl of ry examination of your charills accounts as c8tTied
out under s&lion 145 01 the Charalies Act 20111'lhe 2011 Acfl. In Carrying (xjl my examination I have fdbwed the
reclions given bylhe Charity CommissiC￿ under seLtion 145151 Ibl of the 2011 Act.
Independenl exarnlner's slalemenl
I have completed my examinal￿n. l ¢xnfimi that no matters have ¢Thne lo my allenlKJn in coDneclion Vhth the
examinallon giving me cause lo ￿lieve..
accounting rec(Yds were not kept in res[￿￿ of the Companyas requir￿( by 8eLlion 386 01 the 2CQ6 Acl,, or
the aG¢ounb do not accord wlh those records,, or
the accounts do nL* Gomply wilh the ￿untIng requIr￿entS ol section 396 of the 20(E Acl dher than any
reqktiremenl that the aLxx)unts give a Iwe and fair vtew vthich is not a matter ￿nsIdered as part ol an
indeperKlent examination,. or
the a0￿Unts have ncl I￿n ￿epar￿ in accordan￿ wth the methods and principlgs of the state￿nI of
Recommended Practi￿ for alxgunling and reporting by charittes latv11cab￿ lo charilEs preparing Iheir
accounts in ac£ordan￿ wlh the Financkql Reportin9 Standard applKabl& in the UK and RepU￿1C of Ireland IFRS
10211
I have no C￿Cem$ and have come across no other mallers in connectDn %wlh the examination lo whiL* attention
shoukl draw) in thi% report in order loenable a PrO￿r underslarKling oflhe accounts lo be rethed.
CLqir Rayner
FCA DChA
Cabe Ford Williarns
Chartered AccoUnt￿ts
Balk Chambers
1 Central Aw)ue
sitting￿urne
Kent
ME104AE
Dale..
1.Fl.1,212.Q2.1.....,........
Pa￿7

TRUST
NT
GAN
R THEY
F FINANCIAL A
C(]MEAND
NDED3
Tl
TIE
C¢3RP
31.3.21
Total
funds
31.3.20
Total
funds
Unreslwt
fvnd
RestNcted
funds
Notes
INCCWE AND ENDOWMENTS FROM
DonalDns &fjd kgaaes
36,628
39,679
76,307
22,511
Charllable &tlvllles
w￿l10rS incc¢Me
961
961
28,354
Other Irthing aGtivtltes
13.905
13,905
29,649
Tolal
51,494
39,679
91,173
80,514
EXPENDrruRE C
Chwltable acllvllles
PreseNalK)n of Seveffldrthjg Castle
40,514
26,749
67,263
114,335
NET INCOMEIIEXPENDITUREI
10,980
12,930
23,910
133,8211
RECONCILIATICW OF FUNDS
Total funds broughl forward
15,407
18.1
33,543
67,364
TOTAL FUNDS CARRIED FORWARD
26,387
31,066
57,453
33.543
The notes form part of these finanGial slalements
Pag8 8

DR
RE
TERED
188
31.3.21
Total
funds
31.3.20
Tolal
funds
Unre8tiicted
fund
Reslricled
funits
tes
CURRENT ASSETS
Debtors
Cash al bank and in hand
1,350
48,115
1,35D
67,418
7.212
49,154
19,301
49,465
19,301
68.766
56,366
CREDITORS
Amounts falling due ￿thin (me year
12
111,3131
111,3131
122,8231
NET CURRENT ASSETS
38,152
19,301
57,453
33,543
TOTAL ASSETS LESS CURRENT LIABILITES
38,152
19,301
57,453
33,&13
NET ASSETS
38,152
19,301
57,453
33,543
FUNDS
Unresti￿ted funds
ReSt￿￿ted funds
13
38,152
19,301
15,407
18,136
TOTAL FUK)S
57,453
33,543
The chalila￿e Lx¥npany i8 enlilled to exemption from audit under Section 477 of the Companies Act 2006 for the year
end￿1 31 March 2021.
TIE members have not requir￿ the company to obtain an a￿111 of its fina￿la1 statements for the year ended
31 March 2021 in accordance with Se¢lion 476 of the c￿PanieS Att 2006.
The Irusk8s &knovledge their restnnsibilities for
lal
ensuring that Ihe charit8ble company keeps accounting records that coM￿Y ￿th Sections 386 and 387 ol the
Companies Act 2(f)6 and
Ibl prepaiirKJ fina[￿la1 siatemenls whith give a true lair vw of Ihe slal8 of affpirs of the ¢harita>le company as
at the 6t￿ ol each fnanGkql year and ol its surplus or defLil for each fittanci81 year in accordan￿ with the
requirements of Sections ￿1 and 395 aThJ wh￿h otherwise comply wlh the requirements ol the Comp8nies Act
2006 relal¥)g lo financial slatenEnls, sofar as ap￿kable lo the ch8ri1able cLYnpany.
The notes form part of these financial statements
Page 9
continued.,.

ND
RE
OOG
TLE BUIL
NG PRESERVA
RE
etsLAFICE.SHEET. QODl*nuol
These financial slalements have been prepared in arLordance the wtsvlsions applicabk lo Charitable o)mpanies
sul-ecl lo the small companres regime.
The
ial slalements were approved by the Board ol Trustees and autrorised for ￿sue on
and ￿re 8￿Jn￿ on its behalf by.,
tes form part of these financial Slalemenls
Page10

No
STAT
HE
ACCOUNTING PCLICIES
Basls of preparing Iheflnanclal slal8menls
The financial stslemenls ol the charita)le company, which is a publk ￿nefit enllly under FRS 102, have been
yepared in accordan￿ with the Chariles SORP (FRS 1021 Accounting and RepDrting by CharitEs,' Stslemenl
(A Recotnw*nded PraGiie appI￿able lo Charities preparing th￿r accounts in aLxoFdance wlh the Financial
Reporting Stsndwd applicable in the UK arnl Republic ol Ireland IFRS 1021 leffective 1 January 2019}',
Financial Re￿rt￿g Slandard 102 'The Financial Reporting Standard apNicable in the UK and RepU￿1C ol
Irdand, and ihe Cornpanies Act 2006, The flnancial 51alements have been wepared under the histor￿al cost
convention.
Company status
The charilaNe company is a company limited by guarantee, wh￿h is registered in England and Wale8, with the
company numkr 04641883. The companls regisl6Ted offre is Sevemdrory Caslk, Shcolers Hill, London,
SE18 3RT. The tnetnbers of the ￿MpanY are TNstees natn& on page 1. In the event of th& mrpany
being wound up, the liability in resrkct ol Ihe guaraniee is limild lo £1 per member of the c(xnpany.
Incom9
All income is recognised in the Slalemenl ol Finan￿al Ad1vil￿8 the ch8rily has entiuernenl to Ihe income. il
18 probabk that the Income will be re￿Ned and the amount can be measuted relkAbty.
Voluntary in(xime r￿1Vable by any way of donallons Is induded In full in the statement of finan¢lal adiv¢tie8
when teceiwable.
Grants a￿ cr&liled lothe stalernenlof financial adimlies when r￿1￿1 or receivable which8ver Is earfw.
LkJveTnment grants
Government grants are recognised when Ihe performance related coNlilions ifflposed upoTr the receipt cl the
granl have been mel. Where these a have Th)1 LEen satisfied, these gr￿tS a￿ recognised as liabilities. If gr￿tS
are not conditional on lulure ￿rforman￿ relaled conditions, then income is recogni88d then the grant
pr(r￿S are r￿]Vable
During the year Ihe d)arily recetved the following revenue based grants.
Coronavirus Job Relent￿n Scherne ICJRSI lo cover a wtion c>1 the employees wages who were fudoughed
dl￿ lo the c(vonawrus pandem. The amount reLEN&I totaled £19,750 aThJ has been indud& in donations
atKI legac￿.
Addit￿nal Restrictions Suptnrt Grant Fund IARSGFI lo supp(xt businesses with their business costs during the
¢tyonavirus p8ndemic.The am0￿1 recelved tolalled £16,578 and has been inGluded in donalions and I￿aCleS.
Expendlluré
Liabilities we recogni$ed as expendilure a5 soon as there is a legal or constructive tsbligali)n commilting the
charity lo that expendilure, il 1$ probab￿ that a Iransfrr of econ￿￿ benefits wai be ￿Uired in settlement and
the amount ol the obligation Gan be measur&1 reliably. EXp￿d[lure is accounted for on an a¢maLs basis and
has teets Classified under headings that ajgregale all cost rdaled to the category. Where cosls canncl be
di[￿vY allllbuted lo particular headings Ihey have been allocated lo activities on a basis consislenl wlh the use
of re50ur¢es.
Dabtors
Trade and ott*rdeblors are recogntsed allhe selllemnl amount afterany Irade discount offered.
Page11
continued...

G PRESE
VAT
ON
OT
ACCOUKnNG POLICIES- contlnu
Credltors
Creditors and provisions are rewnSsed where t1￿ charitable company has a present obllg81ion resuming Imm a
past event that will probably result ir¢ the transfer of funds lo a Ihild party and the amount due to Sett￿ the
ob￿allOn can be measured or estimat￿ reliably. &edilors and proM&ons are ￿rMallY recognised at their
seilemenl am￿nI after albwing lor anylrade discounts ijue.
Taxation
The charily is exemplfrom (xJrrx)ralk)n lax on its charitable aclivilie8.
Fund accounllng
unrestrict￿ funds can be used in accordance wrth the charitable obFctsv&s allhe discretion of the Iruslees.
Restricted funds can tsnly used ￿ pavli￿lar reSt￿ted purposes within the objecls ol the chartty. ReStr￿tK)r
arise when specified by the thn(xor when funds raised lorpart￿u1ar reglricl&J purposes.
Further explanalion of the nature and purwse of eath fund is included in the not8s lo the Inancial statements.
P8nslon costs other posl-retlr8menl bendts
The charitable company operates a delined cOntri￿li(￿n Fension scheme. Crmlribjtions payable to the
charitable c(Nrpany's p￿Slon scheme are charged lo the Statement of Financk?I AGINities In the period lo wh
they relate.
Golng con¢er
Al the lirne of swdning the a¢c(wnts the Trustees are aware of the rotenllal economk and social effects fo I
Covid-19 virus outbreak, The lull ifflpact ol the pa￿le￿IC on the UK economy is yel to be seen blrt the charity
wiu ccx)linue lo lo mil￿￿te Ihls risk by followti)g the UK Govemmenl's guidellnes adaptIn￿develQplng
119 own internal Strat￿Y.
DONATIONSAND LEGACIES
31.3.21
31.3,20
Donalkms
Grants
20,050
56,257
924
21,587
76,307
22,511
Page12
conlinued...

SEV
TE
TO
EME
D￿NATION8AND LEGACIES- Conllnued
Grants received, inGlud&l in the above, are as folk)ws.'
31.3.21
31.3,20
s￿￿nng for the lulure
Greenwich Ne￿h1x)urt]Qod OeVelop￿￿nI Grant
CJRS scheme
Heritage Lottery Fund Grant
D Oyly Carte
E￿￿OYMent 8lowanc6
Other grants
12,587
9,000
19,7
13.717
2,712
16,578
56,257
21,587
OTHER TRADING AcllviTIES
31.3.21
31.3.20
Castle hire
SeN¢e oh8rge
5,055
19,899
9,750
13,905
29,649
INCOME FROM CHARITABLE ACTIVlnES
31.3.21
31.3.20
Activly
Visitors in￿n
Visitor income
961
28.￿4
¢TrIARrrABLE ACTIVITIES COSTS
Support
costs Iseg
nolo 61
Costs
Totals
Preservation ol Sevemdroog Castle
33,633
33,6
67,263
Page13
Ixnlinued,.,

us
LST
nu
EY
31
SUPPORT COSTS
M&)agemenl
Totals
PreseNat￿n ol Severndroog Caslle
30,859
2,771
33,630
Support CO8ts, included in the above, are as follows,.
Management
31,3.21
PreseNalion
31.3.20
Sevemdroog
Castle
Tota
adivilies
Prefflises expEnses
Insuran
Calering and events
Office costs
Advertising
s￿dr￿s
Equipment, repalrs and rentsls
Bal (kbls
Travel and subsiste￿e
15,618
6,939
1,750
1,777
4,378
397
22,450
7,236
7,174
2,103
1,242
1,602
530
775
30,859
44,612
Governanc&cosls
31.3.21
Preservalnn
31.3.20
Sevemdr(xJg
Total
activit￿8
A¢cwnlancyfee8
PrdessDnal fee8
2,573
4,195
2,771
4,393
Page14
coTrlinu8d...

RN
SE
TH
FINANC
ATEMENTS.
NET INCom￿￿XPENDlTuREl
Nel Incoff￿1(expend1lvr01 is Stat￿ afterChargIn￿1Credrtingl'.
31,3,21
31.3.20
Independent examinerfs remuneralK)n
1,296
TRUSTEES, REMUNERAThJN AND BENEFITS
There were no Iruslees, remunerati(￿ or c4heT benellts for the year ended 31 March 2021 nor for the year erKled
31 March 2020.
Trust￿, 8xp8nses
There were no trustees, eyyenses paid for the year ended 31 March 2021 nor Ihe year e￿ed
31 March 2020.
STAFF COSTS
31.3.21
31.3.20
Wages and salar*s
Social securilycosls
c*h￿ Fension u)sls
31,219
2,712
827
41,393
4,183
1,400
34,758
46,976
The average monlhly nurnbeiof em￿oYeeS during the year was 88 follows..
31.3.21
31.3.20
Enwloyees
No emfv reG￿Ved ¥emuneralk)n lotsllirKJ more than £60,(￿1 during either year.
Page15
continu*...

£EV
RO
OTHEFIN
TEMENT
21
10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIWTIES
Unfestricted
fund
Restricted
funds
Total
funds
INCOME AND ENDOWMENTS FROM
Donations and legacEs
924
21.587
22,511
Charllable acllvll
Visitors in(x)tr
28,354
28,354
Othertrading adivitie5
29,649
29,649
Total
58,927
21,587
80,514
EXPENDITURE ON
Charllab16 actlvllles
Preservation ol Severndroog Cast
90,910
23,425
114,335
NET INCCWEIIEXPENDITUREI
131,9831
11,8381
133,821 }
RECONCILiATICW OF FUNDS
Total funds brought forward
47,390
19.974
67,364
TOTAL FUNDS CAthED FORWARD
15,407
18,136
33.543
11, DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.21
31.3,20
Trade debtors
7,212
Page16
¢onlyiued...

DROO
on
12. CREDITORS,. AMCIJNTS FALLING WE WITHIN ONEYEAR
31.3.21
31.3.20
Trad8 credlors
Oiher credltr
Acctuals and deferred income
450
148
10,715
9,921
277
12,625
11,313
22,823
13. MOVEMENT IN FUNDS
Nel
movgmenl
in lurKIs
Al
31.3.21
At1.4.20
Unrèslrlcled funds
General fu￿1
15,407
22,745
38,152
Restrkled funds
Greenwch Nelghlx>urhcK%I De￿lOpment
Grant
Secuting the Future Grant
D, ￿Y Carte Charilabb Trust
3,972
14,164
I3.4￿)
1,125
3,5(K)
512
15,289
3,￿0
18.136
1,165
19,301
TOTAL FUNDS
33,543
23.91D
57,453
Nel mtsvetnenl In funds, included in Ihe above are as folbws..
Incoml
resources
Resour
expended
Movement
in lurKIs
Unreslrlct&l funds
General fund
51,494
128,7491
22,745
Rèstrlcted funds
Greenwch Neighbourhood DevekJpm8nl
Grant
Securing the Future Grant
H&ilage Lottery Fund
D, C&le CharitaÈ4e TNSI
CJRS
13,4601
1,125
113,7171
13,46CII
fj,125
13,717
3,5
22,462
3,500
122,4621
39,679
138,5141
1,165
TOTAL FUNDS
91,173
167.2631
,910
Page17
conlinL￿...

STAT
11 MOVEMENT IN FUNDS- Contlnued
Comparatlves for movemenl In funds
el
movement
in funds
Al1.4,19
31.3.20
Unr8s1rlctoJ funds
Genera fund
47,390
131,9831
15,407
Restrlcled funds
ResloralY)n aNI Devebpmenl Grant
Greenwich NeighbourlK)od Develot*nent
Grant
S￿Ullng th& Future Grant
1,915
11,9151
3,972
13.895)
3,972
14,164
18,059
19,974
11,8381
18,136
TOTAL FUNDS
67,364
133,8211
33,543
Comparative nel movement in funds, induded in the above are as follows,,
Incoming
resou￿8
Resources
expended
M(wemenl
in funds
Unrestrfcled funds
General fund
58,927
190,9101
131.9831
R8slrlcled funds
Resloralk)n and Devekjpmenl Grant
Gre￿￿ch Ne19hboUrtK￿d Development
Grant
Securing the Future Grant
11,9151
11,9151
15,0281
116,4821
3,972
13,8951
2f,587
123,4251
11,8381
TOTAL FUNDS
80,514
1114,3351
133.8211
Page18
contin￿...

SE
THE FI
NC
TATEM
TS-
nued
13. MOVEMENT IN FUNDS-conllnued
A oJrreRI year12 and Fxior y&ar12 monlh8 (x>rt)ined position i8 8$ follows..
Net
tTh)vernenl
funds
Al
31.3.21
At1,4,19
Uniegtrlcl&J funds
Genera fund
47,390
{9,2381
38,152
Restrlcl￿ funds
Restoralh)n and Development Grant
Greenwich NeighLK)urhood Development
Grant
Securing t1￿ Fulure Grant
D, Oyly Carte Charitable Trust
1,915
11,9151
512
12,7701
512
15.289
18,059
19,974
16731
19,301
TOTAL FUNDS
67,364
19,9111
57,453
A current year12 mont1￿ and Ntor year 12 months combined net movement in funds, induded in the aiMJve are
as foilows:
InC￿nIng
reSour￿S
Res(xJrces
exwded
MDvem8nl
in fvnds
unre5lr1cl￿ funds
Generdl fund
110,421
1119,659}
19,2381
Reslrlcled funds
Resloralion and Deveknw￿nI Grant
Greenwch NeighLK)urhood Developnenl
Granl
SeGuring the Fulure Grant
Herilag8 Lottery Fttnd
D, Oyly Carte Charitable Tnjsl
CJRS
11,9151
11,9151
18,4881
{15,3571
(13,7171
512
12,nOI
12,587
13,717
3,500
22,462
3,￿0
122.4621
61,266
161,9391
16731
TOTAL FUNDS
171.687
1181,5981
19,9111
P4e 19
conb'nued...

RN
GP
ST
EFIN
mENTS.￿nI￿Ad
nu
14. RELATED PARTY DISCLOSURES
There were no related partylransadions for ttke year ended 31 March 2021.
15. PENSION COMMITMENTS
The charily operates a defined contributions pensk)n schem6. The assets of the scherrE are hekj separately
lomi those ol the Trust in an independently administered fur￿. The pensiu) cost charye indudes contributions
payalAe by the trust 01 £827 12020.. £1,4￿1. Conlribullons lolatling £14812020,, £2771 were payab￿ lo the fund
althe balance sheel date aThJ are McludeAI wlthin creditors.
16. OPERATING LEASE COMMIThIENTS
The charity hdds a 30 yw term lease lor Sevemdrocg Caglle, LSpon wh￿h the d￿rity is Cha￿ a FEpper(x)rn
rent
Page 20