RF,GisfERED COMPANY NUMBEK. 07112241 (EngId And Walw) RKGlgfERED CItARfTY NUMBER: 1135262 FOR THE YKAREIYDED3J DECEMBER 2023 FOA McCabeFordWilliafjL5 K¢ CT16 IBL
CONIEN13 OFTHE FLNANCIAL sfAIEMENrs FOR THE YEAR LYDED 31 DECEMBER 2023 ze Report orth¢ Trwtees I to 5 IdeAdetEx1Mtv5 Rwt Ststsmont of Fi¢1*1 Adivilaas Balance Sheet 9 to 16 17 to 18
REpoirr OF THE TRLJsfEKS FOR ThE YFAR ENDED 31 DECEMBER21I11 ThE trustees who art also directsts of thc th¥tty for the purpxes of the CuTrpsDi&S Ad 2006. puent their rel with th¢ fmartcial State[tts ofthe cbsrity for the ye4r eTrle4131 Dectmber 2023. The have aw the pTrvisioDs of AccouDting and Reportittg by Charities: Stat¢mert of Practice applicable to thariti¢5 Pteparitig their ats ID accordance with th¢ Financial RWrt1 Stsndzrd a11¢11e itk the UK and R¢publi¢ of ]rc]d (FRS 102) (¢ffectiv¢ S January 2019). Objeclives and #in The Society is ¢5tablished for the pubIic betxfrt for the followi Purpo ill the area comprisÈtig FaVt¥sh and its su]rouDdin85, refetrd to th¢"aTea of L)to edu the public An the gcogrdphy, hiw. natural higknry aThJ alth1tth ofth¢ mof brn¢fiL arcaof b¢oefiL 11]) to prescryr for the p&wl¢ of the arca of the llatiO th¢ hioriC architakn aDd fA)USfnjcmI hL7ita8c that may exist ID the atca of befft in buildings (including wy lIdID8 fined in 336 of the Town & Ctsutrtry Plannin8 Act 1gYJ) of Parti18r1Orh1StoTlL archiiurat iDt¢r¢sL Thr Society owns, aDd Lwaaks a coThpkx of buildiw in Strtd kttosvn collectivety as the Fleur de . d Mg¢UM. the largest the Borough of Swale . agaJl¢ry foriemporary exhibitio owised by the S - a5ecijnd.hand Pthkthop that I¢ forthe &Ki . a large reprowhi¢ facility to cDablc In-h) pUbliti( for exampk, of the sCtyS retmwnejj sexi¢s of over otte hwjdred av¢r&ha Pap. . a compr¢hensiv¢ loGal history Jibrary. i1[tuP ovcrxwY e fore41ucic¥wI and infOrmOn pwpjses - well<quipped offices for the use of Cou4ol attd Crynrnittee Inuub &iery's 8ffair5 in a prof1011 Plac¢, ond recovered by thc SoKidy from amus¢wn Thica80 USA. . The Faversham Soctety Ar¢haeo1oLl Rese (FSARG) digs ID adiffetent pJ¥¢ ¢ach year aDd di8play4 and publislKs its fin The YK1¢ty rents space forits VIC sbop on the gmund fiLwxofthe ToFn in thcrn8rketylace. . a R¢5idents 4nd Visltots jtiforn C¢ntre (VIQ ts th¢ ¢utire Bo1 Swak Borou8h Coullcil no knigtr provid&% fJn8nciai supFx)rt. - #gift sljop s¢lling 8IMMI qUlty atticl&%. ofthem with (Yciffltnt Th¢ sl¢ty produces a mithty nelett¢r that ts avsilabie to Mni¥S in g)py, by email w thrwgb the websit¢ &iety s0 publishts an atmuat T¢Vi¢W of all its ivIti c<xnpilcd frrm the writtell report5 of those rc5wmsible for designated fimctions aDd 1viti£. e.& the well rcgwdcd 'Sttret Gar&tt" Sche the Town Walk4 th¢ Museum. the wot of the 'Faversham HI011$. and th¢ EnvIrml atKI Planning cornmittce. This i% distrjbuted kn all nbers free of tharge and is availabk oniine.
THE FAVERSHAM socIErY RFPORTOF TIiKTRusfFI FOR THE YEAR EI¥DED31 DECEMBER2•L1 Public benefft The Society is one of the lar1 aDd 1Ve of tts kitid to put5ue tbe wide rth]ge of adivilir5 of ClIerY¢ includnig the proYi5ion oflKlw •fvic¢ to thegaml publiG The TrnstC¢5 coDfirm that they have Lurjplicd with SeLXiC 4 of thr Charities Ad 2011 in havitig due Ttgard the Charity c(MisSIOnsgl gvidwKe publicb¢nefiL Vohtttee The So¢iety bas no paid sta(£ •d rtlies w a ]¥ge ofvoiuuteer4 wkn givr gcnttoL8ty of their time to enable the Society to achieve its aims aDd objttttyes. Chgritsbk artivithu amd fvthre Our new Visitor InfotToatiorn C¢ntr¢ (VIC) bas th¢ FavaslBTn thr h¢art of the town. w¢ now have mllch tater ftfOlI. Gt¢3tcs oppotsAuty womotr ourtDWD'S hLqry wd c¢ldThteourheritage. At the June 2024 AGM the cjllrcot cbair will rctite, coDtiThJes on Successi plat)niDg. We have r&thcts]rcd govan(< with the f1 Board meding quartfrly and ats Ex a sUbonU of Truste4 tneetlllg 85 frquently nx¢ssary to overse¢ the work of th¢ fow quadrwts.. l) R&8OUr 2) 31 H¢Titag¢ 4) Futsu¢s (kntiDnm¢Jrt The reor8aniWio with gome refitting of the mll%um or Fkur de LIB Hcr&s¢ CentsK is underway aod ow voluntee have been orgat)ising special opelliDgs and tt¥hibi1ssXLS. kn IAaTth of 2024 we plall for there to be a COTLsultatiort about the futu shape atwj puw of the museum. Woth de¥d th¢ wthtycs aThl and 8rGhivu conti. Sinc¢ Arfhur PEctYal died in 2014, a 5mgll 8tDUP of volunteejs be wjrking oll his Flaw d¢ Lis Chi Arthur, * fcAmder 8nd dirrrtor of th¢ FaYry514m had ¢xtwive srchiv4 mmprisin8 photO8whs. slides. glass plate D¢8ative4 corrcspondcncc, local history iftwirics and wtittL arficl&* of 8rthive relales to FaveJ5bam, but there are also records rekntin8 to othcr S81¥phIcAl atsd arta% of inkrest that he had. Their inttial w(xk co[[rated on diwsing Arthurfs glttss plate llegAtive from th¢ 1190& The voiutrteers have th digitised his black and white photagrapb collectton aDd started rn his rn¢ Tllimlcrn colow phoknwhs whith date from the 1970s to 2014. There are a v&st number of to have digitised mor¢ than irnag and rno The Faye Socidy w0ed with Friejmls of St May of (Jwiry ty launch Orth FaVerSha in August 20Z3. Thtyr were clox to 60 CVaLts held ovcr tiine days. Widay a gr¢at SU¢&5 the evctrt will rwted i 2024.
REPORT OF THE TRLwfEES FOR THE YEAR ENDED 31 DECEMBER 2023 Ike Society has bad another ¢xcellent year thamks to the efforts of owr vdunttu4 with ioe from alt our divrrse resources reacbing £119k. In particu]ar. ow refijrbithed IMY)ksh(os rnised £61k aDd an unexwted TISC i inter¢st br(ght in £21k ofbankinter Our expendits¢ was well within budg¢ so wewcrc ablc Io Lzlly 8welccthe Surp1 of £23k to cw reserves. Of thi% w¢ have alloLed £20k kn the FrOty MaititeDaDce Fmi¢L desited 5pecifi¢ally for arolltng Ilkyear pmgramn to resLore th¢ tntegrity of all tkne praDi5&s at l¥eston Strtd. The balae to on this fithd is Th)w £67k to finan¢¢thenext st48c of the wosrwnm¢. Thc Tr PWFrf)S¢ h) adbcre to th¢ tri]pl£S of EY(yer bwy conrtol ar¥J f1nwlaI mryement 2024 aDd Society. The TnteeS 8Lnowled8e with thErS the l¢ga¢A4 grnnts and to the Socidy from: the Estate of Hazel Pyatt dw'd (£lkl Sir Jobn Swire 1989 (knitable Tw STrvaEe BomBh Coullrit and the collaknrdLive fjnancial WO with Faversham Town Council. Reserves licy Thc TtU5tte5 coDsider that att epwopriate mitiimum level of free rc5ervE5 strrtx]Id be aD att)[ rq)resenting six moj core £xdI1[E. This allows SA)me knlI[ty Ic¥ the b) (kal delw or withthawal of fuTrdin& or unexpe¢ted additxonat Costs. The l¢v¢l of free rcservcs (nth a&setsl at the balgJK¢ shcet date is £767.043 (2022 - £734,107) exceed th¢ minimum rtquirem•L prnxliDg financial sthbA1ity to cnable the Socidy b) carry out its aims aJMJ obiccliKs. FTee reseRves included £56,91312022- £57.130) hem f(rTrsbiLed STRUCTU GOVKRNANCT AND IigAliAGEMENT GoverninE doLYm¢Dt The charity is rontrolled by its govcrning drU a deed of trusL aud (l)[bateS a IiDJSted Cornp. limited by guaralrtee, as defAttcd bythe CompaniLq Act 2(M)6. The Society is a company limited by g, as defined by the Companie5 Ad 2(K)6. Its goveming doL7]Mt is its Memoralldum at Arti¢ltts of ASlati1, dated 11 December 2tXb9. &8 agreed ty Spial R¢tUtIOnS on 24 February 2010 amended by Special R¢solutb)n on 23 A1] 2014 and 13 2016. The cbaritsble Mpaty has DD sht capital. utthr the Irm of the MeDjOruM of AS5(la evtty mEmba is li8blr to cotrtribute a sum not cxcceding £10 in the event of the compaty bell woutul up while he or she 15 a mtmbrr. or within one year after he shc ceases to b¢ a member. f(r th¢ payment of the debts liabilitses of the ¢ompany contrxted befo hr or she cewd to be a Ill¢b. and the0)$ cjwges exp¢Mses rfwinding up. Recrnitme4t #Dd appoiDtineutof trry#ee8 The Society typically circulates • invitstton to all D)ernbeffs to tn]stee5 prior to the AGM, advising thcm of the tirÉng (n]stees requcsling nomtnatiotL% fi)r the AGM. From time to tim4 the B(wd akn reviews whdher thcre are any ttdditional or spe¢ia]tst skius that would be buleficial to hav¢ on the it std(s to M]entify p(rtentiai new tru5t¢es who will briDg those ski115 aDd the B¢)aTd may aprxbint new Inte¢s. Ncw trllstees undergo aD orientation day to bri¢f them their legal obligatiolls ullder and Compally law. the contertt ofthe Mcmorandum and Articles of A&socialion, the committee aDd de¢AsAon maknng eSSe the b[tsIn p]8n recert financial perforn)ance of the SoriBty. Page 3
RipoirfoF THE TRUSTEES FOR THE TrTAR EYDED 31 DECEMBER21lll Oréalliqational Thr So¢irty's goyerwng ix)dy ts the Bod OfDtLY$ and TrvstW f4yIK)se muttbtys ate etected by the membas of the Society. Trnste¢s mert quart¢rly. Any ff5olutions 5uixniucd to a tE(Ing sldi be decided by a majority vote of the trust£es prcstnt 8t a rncctin& but thc ch8irniaD shall have a 5CCODd or caty volc. Minutes are at exh meeting, ur¢uied totriteeS along with action N)iDts aod resFM)Lsibiliti&s. atKI kept as a reo)r Soci¢ty rewts to the b)a. All l1¢Y dxisions aThJ plamithg intAve#tiom ar¢ paswl by the full by emlil if Dece&5Jry. The Trustces have a (hty to id¢Dlify wd r¢vA¢w ri$ to Fthi¢b is cxwd and to ULsurc llpjropriate controls The following arethe key ri&ks deemed by the In to befxiDgthe &W: - A major tmpairnenl of the frEebold propthias, it[volvi sJb5tsTthI costs. - Th¢ efft of in(¥e&s¢d (x)mWition (ffi hkn irnThi¢ from th¢ shops amd the hall. - The pDssibility that ther¢quired nwllbuofvolwiteusmay Thjt be meL . Fvture government kgi51ation inr¢spe(tofttw clLity iticotne and latr511¢£ All risks ate mana¥Yd by mlring by thr trust risk is monitoted via the cnM[lItt by meatts of a R¢gi5tered Company Dumber 07112241 IFgland and Wale5) Regist¢Ted Chrity number 1135262 Rerirttred •ffite Ith13 Preston StrecL Kent ME13 8NS Th18t¢e8 K Begg J R Carey H G)dl A JHolden B K¢lsry D Melville A L Sai0 rD Slotwx IWe H W(M)tton C C Wright (resigned 24.523) M Hatchwrll JD&vidson JL Sccker LAllison{aNhMrfed 24.523)
REPORT OF THE TRusfEES FOR TKE YEAR 31 DECEMBER 2023 REFERENCE ADMIMSlliATIVE DETAILS Jndep¢udent EIaminer Jonathan Fullarton (Hons)FCA Mccabe Ford Wiilioms rterol AGwuDtatLts (]JarltonHousc Dour Streei DOVER Kent cr16 IBL Thi5 rqth has been wqJarEd ID with the 5cial wis1 of PHrt 15 ofth¢ Co]npanies Act 2(1)6 r61*in8 to Small wffjpaniu. Approved by ortsof theb¢)ard OfInL< ..............kn. ',l.io.UF.w on its behalfby..
INDEPEI¥DENf EXAMINKR'S RKPORT TO THE TRLSTEFS OF depeNdeI exanthS report to thetrte¢s •f The setyrthtcOrnlly I re[rtIO th¢ char1tytn on my wAaminion of clYnp fi)rth¢year ended 31 De4xmb¢r2023. Rosiwslbllhies ond 518 of T4rt As the bharity's Iruste¢s ofthe CotllP8ny (and aLso its dIred for the of(xmpally law) Y rts]y)nsible for the prcparation of the acLY)UDts in acL)Jrdancewtth the requiremerfs of Cotiwanies Act 2006 Cthe 2006 Act). Having satisfied myself that the 8co)unts of the Compw requiTrd kn b¢ tted Part 16 of the Act ad are digible for independeDt ex&llinati. I rqMKt of my exatD]nthn of your dwity'5 aGcounts as rafficd ollt lltKlrr Section 145 of the TharitiC5 Act 2011 fthe 2011 Ad). tn Lryg my ¢xamu)ation I hav¢ follow¢d th¢ Dire¢ti(ms given by the Chlty Commission uudcr 14515) Ib) ofthc 2011 A¢t. I#dq>endtht examkner's stAte£ I have con]pl¢tcd my ¢xamivation. J that mattas kve to my atteJTr coDncdion with the cxatni&81ion8iTring me cawto lIev¢.. aM)unting recordsw¢ Hot kept in ffespxt ofthe C(4npJry as required by Sertion386 of the 2006 ACE or th¢ accounts do not comply with the accountkng TrquirrC1ts of Sui( 3% of th¢ 26 Art othv than ally r¢wircmeot that th¢ a¢¢{Mts give a true fatr view whi¢h 15 n(rt amatr ry)llsiderd part of independent exaDiinaLion' the wjutsts have bern wewed itt WAtb the mttho(E4 and ryÈnciple5 of ttle Statemetrt of Rccommended Practice for &cLtti18 attd retK)rting by dwities (applicable to dwitics prcparitiE their x¢outtts An a¢a)rdance with theFllwiciai Rcportiug StatKlard llpplicthle in the UK gnd Republi¢ of 1tElaj (FRS 10?)). I have no c{LcernS and have come across no in LneCt)n with the exaniDation to whith 31tcntion should be drdwth in thi5 report in OTderto enable a proper und5ilEg0f thc to br rEac1. Jonathan Full8rtonBS¢ (HOM) FCA M¢CabeFord WilliaDts Charltou HO$e Dour Street KeDt cr161BL Pag¢ 6
ONCORPORATING AN tNCOME AND KXPEhl)TfiiiE ACCOIJNT) 2023 2022 fimd5 fuDds ffid5 INCOME AIWENDOWMEiYfs FROM Dollatis and legaci&4 W76 21576 503,209 awitabk a¢tivAti&4 21135 21135 22,641 OthertradiDg activilies 45,423 29,038 45.423 29.03 34,016 7J38 T(tsl 119.172 119.172 567204 EXPENDfnJRE ON Cbaritabte aetivit Charitsbk activities 9Ql 18 217 J35 111,273 ET COmF(EXPENDrruRE) .054 1217) 21837 455,931 RECOLYCILIATION OF FUNDS Total fi]nds brought forward 1.181.239 57.130 1238 J69 781438 1.204293 56913 1.261206 1238.369
BALkYCE SHEEr 31 DECEMBER 2023 2022 FIXEDAssErs Tatigible &sscts 13 494,163 504.262 Stocks Cash at bank 14 3,856 763,187 5,454 728,653 767.043 734.107 767.043 734.107 TOTAL A&SEISLLSS CURRENr LIABELITIES 12612( 1,238.369 1.261206 1238.369 16 Unrestricted funds Restricted fu$ 12(H293 56.913 1,181,239 57.130 1261206 1,238J69 Th¢ ¢haritsble company is to S¢thn 477 of th¢ Comprnies A¢ 2 for th¢ y¢4r fed 31 Decanber 2023. 31 De¢emb¢r2023 ID aCcOrdae wtth Sedion476 ofthe CpanieS Act 2N6. ThettustEes ¥kwwkdge th¢r regwwibilxties la) ensuring that the dltable comFAuy keq ¢lltiDg (Ld5 that conwly StiODS 386 387 of th Compni¢s Ad 20[ and preparing rjnal¥l statfflwnts whith giv¢ a tru¢ and fair vi¢w of the Se of affairs of the thttsble company 8S t the end of each fjnawial year and of its SUTplus deficit for each fiDatKiai year ID acc(thce with the rqllirements of S¢ct¥(w 394 attd 395 and wbich oy))ply with the rtiTRiYements of thc GMnp8nie5 Act 2006 relating to fiuatKial statanenL% farlq applicBblc tty tschzritdyle comp8Dy. (b) subjectto the small eompaDies regime. Th¢ fin cial. State wcre apwDval by the Board of Trte0 and audli fw issue on . ond w¢Ye its b¢balf by: H Goodwits- TrStee Th¢ not¢s f(xm partof these finwKial statsme
FOR THK YEAR Ef4DED 31 DECEMBER2023 GENERAL INFORMATION The Faversham Socidy is a Mpally lirnit&l by gwzntee in Engiaud & Wales. In the cvcat of charity b•Jg wtsund up. the liabxlity ikn rwect of the guardDttt is limitrd to £10 PEr D]emlKr of th¢ charity. The address of d tygistered offi¢¢ ts givcn in the RqKMI of the Trustccs of th4$¢ statEments. The natyre of the rhwity opcratK)ns and willcipal activities arr to edu the blIC in the 8eogr3phy, lllthry. ll&ural history WMI arth1$ ITr the Fav¢diam and Suurng ar. ACCOUNTING POLtciEs Bxsls of prTpArtsg th¢ fmxc5•1 st•tem•mts The fman¢ial 5tements of the ChItable compa. wthiL is a public beo¢fft entrty u]thr FRS 1tr2, hav¢ been prepared in accordanrr wtth th¢ Chariiies SORP (FRS 102) 'Accounting and Retrtxts'ng by Charities.. Sthtement of Recommended Practice applÉcable to clwitie5 their a¢counts ID accOrdae with the FinAncsal Reporting Standard applicablc the and Rerdtblic of Irela] (FRS 102) (eff(ive l Jall 2019y, Finallcial Reporttog 102 'Th¢ Fitwicial R¢porting Stand¥d applicablc in tht UK aDd Republic of Ir¢land' and the CornT>atLies Act 2006. Thc fin1] ststements have Iwi prtP8red under the historic21 c05t Thc fnaTKial st&ernents &$ tt( includc a Lxb llow slthnen( OD the basis that FRS 102 Section IA is 4)pIscd. The finwcial stemerts are a goitig C4)JKem b&sig yndcr the historical nVenti An(KlifKd to include cettsin itans at fair value. Tr fitialKI are F4#enred iti 5tuliD8 vthich 15 thr fiCtional rrettcy of the andmtmdedty thcncty£l. Thc trustees are of the view that the cthity Ib)lts sllfficieDt r¢suYes to fiwd adivitse5 for sevetai years irt the The gigDific4Dt acixjutiting wAicies awlied in th¢ of th¢s¢ finatra&l #atemajts ar¢ s¢t (xrt belLw. Iheome All in¢omc is wised in the Stateffj of F)e131 ACt[vits ODce chity has to the fiEDds, it is probable that the incotnewiti received and the arnoull w be measured reliably. No amowjt ts included in thc fmancial for w)Iwts time iti line with SORP (FRS 102). Fllrtlw ddail is gTvell ID the ReEKtof the TnL¢s. Expendithre 8nd treditors auributable VATwhich cznNJt ix r¢overnL Cbaritsble actsvitt¢s mprIse those cosL8 by the charity in the delivrry of its aLatvttse5 and those costs of charity and indude the c05tofFYewiDgthe annual a1 eyattsitlets fee. Credib)rs with no sed int¢r¢5trat¢aThJ payable withinoDeyearxe attrat Frti¢e. TaMgilJie wets Deprecialion is provided at th¢ follownig Trt¢5 in OTd¢r to vrtite off ¢ach over its Gslimthl use coDtinued...
NiyfLS TO THE FINANCIAL sfATLMENfs. cwt5ued FOR THE YKARENDED31 DECKMBER2•23 AccoiJFrfING POLlCtES. c•nthilltd Tanzible fixed 2&fjets Land and buildings Offi¢¢ equipm¢Dt . ott c£&(lIdIngS)•Ij Oad) Strk8 Sto¢k wnqists of pbIl¢all(ls •d metwwalxlia and is valued aÉ the lower of 5¢ and ll¢t r¢alisabl¢ value. No acco0Dtl9 beentaken of donated SeCd hal IxKyk 5tith at th¢y¢aren Tullo Unrcstricted funds L¥n used in xoxdaDc¢ thatytsbk obJveS aEthE disctdion ofthe lJJ5ÉeES. R¢stri¢ted funds Can us>J for partiath re#ri¢trd puw within th¢ otieds of th¢ ¢haTity. Restrictiotis rise who sp¢cifi¢d byth¢ donororwhen fvnds taksed fortiCUlre*l¢tSJ PUryMWS. S<¢xety knlds a number of heritsge assets which ate M¥t ill¢thded oll the balanc¢ she¢L being items held on display in the Fieur de Lis Elerits8e c. The COL81d that the cost of lUIDg ihr assets would i onetr)w romwttd to the be. They Ke hdd the IKnefit of the ChSty md arr Dot IW to be realld f DONATIONS AND iEGACIES 21Y23 2022 Donations and gift5 Mernbers sub8¢riptions 4.475 9,539 8,562 483.976 9567 9.666 W76 503209 2022 Fundraising events visito IDfoTmation Ce 41,823 300 26.416 7.600 45,423 34,016 During theyearthe cbaTitd)le u)tthParty teceived £3.6(Kl (21122. £7.6001 iti governmelrt gr8Lts. Page 10 coDtinucd...
NufLs TO THE FINkl¥CIAL ATEMEN1. continutd FOR THE YEAR KNDED3A DECZMBER 2•23 2023 2022 Rents r¢(xtv¢d 7,717 21 J21 6,799 539 29.038 7J38 2023 2022 19.114 2501 520 21,022 1,139 mScum admtssions Hall hire ond car p•k rentsl Qaritabie *%ivities 21135 641 Support Costs15c¢ e05ts ( Jurtc 8) )ts9) Totsis Charitsbl¢ activities 81.653 14.682 96J35 2023 2022 498 13251 5.803 1340 3,480 1.907 52J39 7.394 895 1,764 7.589 13,299 9213 2.809 2.697 I.5 15.528 12,685 4.146 3.158 10.6(H Electricity gss PIM)toc(4)yAng st8ti(x Postsge &kd teOne Advertising atld promcrti( Repai aod maint¢ttan¢e Books. 8ift8, et Conservation and acquisili Safety atsd swwity 81.653 97260 Pa8eii LXJtitinu..
FOR THE YEAR ENJ DKD 31 DECEMBER 2011 suppoKr cosrs Tcrfals Clariluble acttvities Il53 10.099 2.430 14,682 IL NET INCOMFJ(EXPEF4DITURE) Net IDcomtl(expenditure} i8 ststcd afterdMrgiogl(utdiling): 2022 10,(99 1,380 1.050 10.447 1,472 724 L¢gal f¢e5 endwj JI Demb#2022. 31 Dember 2022. 12. UtiY¢strikd Restri¢t¢4t Totsl Donatiow and lewi¢s 493208 lo.(1 503209 ChatTtble Acdvltlej (knitable a¢(ivities 641 21641 OthEr trading activities InvesDnent income 34.016 7.338 34,016 7338 Total 557203 Lo.)] 567,204 EXPENDrruRK ON Tharitsble #divltleg Charitable activiti¢s 111.121 152 111273 NKT INCOME 44A0&2 9,849 455,931 Tots] funds brought fonvard 735.157 47,281 782.438 1,181239 57,130 1.238,369 Page 12 LX)ntillued..
FOR THE YEAR ENDED 31 DECEMBER 211LI TANGIBLE FIXED A&SE15 tand aTMI twildEDgs ¢4uipmcnt Totsls COST At l IUary 2023 aDd 31 2023 617,127 14249 632,076 DEPRECIATIO At l January 2023 Char8e foryeAr 117.737 9.056 10.077 1,043 127.814 10.099 At31 DtLe]Dtfr2023 126.793 11,120 137,913 NET BOOKVALUE At 311)ecembtr 2023 491.034 3,129 494,163 At 31 Decembu 21122 5W,090 4.172 504262 Land with a mark¢¢ value of £165,(Ki) is Th)t d4mx*d. Th¢ investtllent propty 1x)tWt h8S b¢¢0 sb)wD the val of the C£ent cwuh)t be Jlleasur¢d reliab]y w&thoutUDthK cist orcff( 2023 2022 Stock5 3.856 5,454 IS ANALYSIS OFNET ETSB[WEEN FifNDS 2023 2022 Total fimds Fixed a88rts 494.163 710.130 494.163 767,043 504262 734,107 56913 1204293 56.913 1261.206 1238J69 Page 13
NiYfESTO ThE FINANaAL sfATEMEWtS. con(inu¢d 16. MOVEMEiYf IN FUNDS Transfas At 31.IZ23 At 1.123 ill fid5 Getwal fvnd 663,802 47208 470229 21.859 (20.000) 20.000 665.661 67,208 471,424 I%gaGi fund 1,195 1.181239 23,054 1204293 Artsx's Hous¢ LaDd Fund 371 46.075 371 46,075 520 9.947 (217) MuseumFutrJ 9.947 57.130 (217) 56,913 1,238369 22.837 ,261,206 N&n¢tin fd4 indthd in th¢ •b)v¢ as folknY&" UnreJtrirte41 117.977 1.195 (96,118) 21.859 1,195 t4xi¢s fid 119.172 (96.158) 23.054 ArthurPercival Memorial (217) {217) TOTAL FUNDS 119,172 (96,335} 21837 Page 14 Lxyntinued..
N(yrF8 TO THE FINANCtAL sfATEMLY15. LYnlixDed FOR THK YEAR ENDED31 DECEMBER 2Q23 I& MOVEML)T IN FUP41XS.eontlttued Compantiyu for funds Net Transfe At 31.12.22 At 1.122 fi]Dds fldS Unrutrieted fwid• G¢nernl fimd Propety Rest(ffotiots LegACi¢S fvnd 687.949 47208 416,082 (470229) 663,802 47,208 470229 470.229 TJ5.157 1,181239 Restricted funds Arden's Ho land Fuod 371 46.075 835 371 4Q075 (98) 9.947 Musrutn Fund 9.947 47281 9.849 57.130 TOTAL FUIYDS 781438 455.931 1,238.369 Comparative net movcttlent in fmMi% iw]ud intheaM)v¢ ¢4$ follrn: UDre5tricted futtd Gcaeral fiJDd 5572113 (111.121) 446.082 Rtstrieted funds ArtILurPffeiv#l MCM(la1 meum Fw¥E (98) (54) (98) 9.947 lo.1 (152) 9.849 TOTAL FLWDS 567204 (111273) 455,931 The Ardcn's House fi]nd was set t0 1¢ fvthe &yevlI ofddu1kn to the faivi¢ ofArdets's Hou Thc ATthur Perciyal Menb)Nl fimd is a wi iD memory of the ]ate Arthur Pff¢ivg1 ts thc The MUS¢ Fund compti5&5 of a kgacy Teceived it) the year And witl w¢d for th¢ pescryation and display of The Legacies fiand compriqes le8xies ruzivcd by the chwity d&8igr*d by the thjstees a particularputpose. Page 15 ntiTrt...
N(YfES TO THE FINANCIAL sfATEMENIS. eoAlinDed FOR TUE YEAR ENDED 31 DF£V.MBER2011 17. Page 16
DETAILED ATEmEYr OF FANcIALAC[IvV FOR THE YEAR KNDED31 DECEMBER 2023 2023 2022 Dottations and kgac Dollatiws al gifts MezE]bers 5ub5criptions Fundrnising activitie 4.475 9539 8562 483.976 9,567 9,666 24576 503209 Othortr#dthg actlwltlej Fundraising events Visitors Jnfomation Ccntrc 41,823 3.600 26,416 7.600 45.423 34,016 Rents received Deposii account itsest 7,717 21 J21 539 29.038 7J38 Ch4ritAble artivitl Shop sales and commwi MusEum admissroDs Hall h£r¢ aod Carpk reutal 19.114 1501 520 21,022 1,139 21135 22,641 Total ineomtDg ruour¢ex 119.172 567204 EXPENDITLqiE Chaiitable %thitses Ivatsr rates 5.609 13299 9213 2809 1697 1.SI15 15528 11685 4.146 3.151 10.604 498 13251 5.803 2340 3,480 I,7 52,339 7J94 895 1,764 7589 Electricity and gas F*otocopying and slationay Postage and telephone Advertising aDd prn(K)s Repairs and maintenance Booi4 gifts, etc Faversham outrtach 81.653 97260 Srt eosts Bank charg&q 1153 lJ70 This p48e dots llotform pirtofthe fiDaDciaF ststements PJg¢ 17
DETAILED STATEME OF Tr7NANCIALACTrvrr FOR THE TrTAR ENDED 31 DECEMBER2•23 2023 2022 Buildtiigs depreciation Office equipment depreciation 9.056 1,043 9.056 1,391 10,099 10.447 Govermauce tndcpendcnt examÉnerfs fees Lega] fees 1.380 1.050 1,472 724 1430 1196 Totsl s(¢¢5 expathd 96J35 111273 NetiDcome 21837 455,931 This psge dS f<mn partofthe Sthnthy fanCial slatements P88e 18