BLUE TOWN REMEMBERED { A company limited by guarantee havlng no share capital ) ANNUAL REPORT AND ACCOUNTS Year ended 31st March 2024 Charity number 1136175 Company Number 07191893
BLUE TOWN REMEMBERED ( A company limited by guarantee having no share capital ) Year ended 31st March 2024 Index Page Legal and Administrative Infomiation Report of the Trustees Independent Examinerfs Report Statement of Financial Activities Schedule to Statement of Financial Activities Balance Sheet 10-12 Notes to the Accounts
BLUE TOWN REMEMBERED ( A company limited by guarantee having no share capltal ) Charity Reglstration No 1136175 Company Registration No 7191893 Reglstered Office and principal address 69 High Street Blue Town Sheerness Kent ME12 1RW Charlty Objects The advancement of educalion by providing: museum, art gallery, library and centre for historic and environmentsl reseah. The advancement of atizenship and communty development by the promotion of volunteering. The advancement of the arts, culture, heritage and science. Dlrectorsrrrustees K J Ingleton - resigned 1 september 2023 M J Brovm R F Seager J Beake D J Watson - appointed 23 November 2023 S J Mulchinock - appointed 23 November 2023 P McDonald - appointed 23 November 2023 Prlnclpal Bankers HSBC 3 Bank House Broadway Sheemess Kent ME12 1TL Independent Examinor L. C. Seal FCCA FAIA Blain Pritchard Limited Chartered Certified Accx)untants 29 High Street Blue Town. Sheeme&8 Kent ME12 1RN Page 1
BLUE TOWN REMEMBERED REPORT OF THE TRUSTEES for the year end 31" March 2024 The dlrectors present their rewt and financial statements for the year ended 31 March 2024. REFERENCE AND ADMINISTRATIVE INFORMATION Charity Name Blue Town Remembered Charity registration number 1136175 Company registration number 7191893 Registered address 69, High Street, Blue Town. Sheemess. Kent. ME12 1RW. Telephone Number 01795 662981 Email riterionbluetown outlook.com DIRECTORsrrRUSTEES Members of the Charity elect the Management Committee, as required. at the annual meeting, The Management Committee, who are directors for the purpose of company law and truste8s for the purpose of charity law, who served during the year and up to the date of this report.. are: Kenneth J. Ingleton, Chairman Michael J. Brown, Treasurer R Seager, Trustee J 88ak8, Truste8 STRUCTURE The company was established under a Memorandum of Association which establlshed the objects and powers of the charitable company and is govemed under its Articles of Association. In the event of the company being wound up. members are required to contribute an amount not exceeding £10. Recruitment and Appointment of Management Commttte8. th8 directors of the c¥)mpany are also chartty trustees for the purFM)se of charity law. The management committee seeks to have a broad range of skills and experience amongst its members including but not confined lo" business, finance, edUCatn. heritage, publicty, fundraising, community work, construction, engineering and Ioc81 govemment. The diredors a actively seeking further trustees to broaden the skills of the management commbttee. The day to day management of the ntre is delegated to the company secretarylmanager who has the authority of the dirertors to spend up to £150 each week on the provision of materials and services, within a budget agreed by the d1clor$. A bookkeeper has been appointed to manage QuickBooks. Systems and policies have been put in pla to ensure we are compliant with new reqU1ments and the growth of the organisation. Page 2
BLUE TOWN REMEMBERED REPORT OF THE TRUSTEES for the year ended 31" March 2024 {contlnued) PRINCIPAL ACTIVITIES The wmpany is a private charitsble company limited by guarantee, hamng no share ¢8PttsI, and exempted from the r8quir8ment to have the name ending with 'Limited'. regISted 16th March 2010 and became registered Gharity on 3rd June 2010. The objedives of the Charitable Trust ar8: 1. the advan¢ement of educati¢)n, 2, the advancement of citizenship and community development. 3. the advancement of th8 arts. culture, heritage and science. The principal activities of the company are; The provision of educatlon in Local and National Heritage by woviding a centre for a local history . Promotion of the arts by the provision of a music hall, 8xhibition area for heritsg8 and art displays, a Community cinema and research faciltties. Increasing the effectiveness of the chanty by training & developing volunteers troether wilh using volunteers to operate the centre. FUNDING The principal funding comes from the sale of tickets for events, admissions, a Friends scheme. private hire and grants form Swale Borough Council, Kent Ccffnmunity Fund, Lottery and Heritage funding as well as fundraising and donations. RESERVES POLICY It is the policy of the charity to maintsin unrestricted and designated fvnds. designated reserves are to complete the project to which they are alicjcated: unrestricted reserves are the available reserves of the charity. RISK MANAGEMENT The Directors have examined the major risks that the charity faces by compiling a register of such risks; this is the subject of review at each management meeting. We confinn that a system of intemal audit has been established as well as the provision of regular reports and aC(xnts in order that risks may be quickly identified and action taken to minimize them. PUBLIC BENEFIT The Charity acknowledges its requirement to demonstrate clearfy that it must have charitsble purposes or 'aims' that are for the public benefit. The Trustees confimi Ihat they have paid due regard to the Charity Commission guidance on public benefft bèfore deciding what actNlties the tharity sh(yJld undertake. Page 3
BLUE TOWN REMEMBERED REPORT OF THE TRUSTEES for the year ended 31" Mar¢h 2024 (contlnued) ACHIEVEMENTS and PERFORMANCE Since Its Registration on 16 March. 2010 The Charitable Company has operated a Heritagè Centre at 69 High Street, Blue Town. Sheemess. leased from lan arKJ Jenny HurketL This year has been anothgr challenging Yr. We have worked hard to brlng back customer and attract new ones by bringing in groups. Our strategy has been to offer talks to groups and 95Yo of them then come for a day trip with in the next year. Once th8y have visited they tend to retum for future $hthvs and events. We have been able to offer extra hours to our part time staff and have hekl staff training for 1st aid for the team including volunteers and intrL)Juced a training pian. During th8 year we have had numerous coach group cancdlations as the coach companies were unable to fill their coaches and as coaches are expensive they have had to cancel tookings with us. So although we have bought in the groups we then loose them because of transport costs. Extemal pressures from the IncaSe in electricity. insurances and other costs have meant that although we are working harder we are in effed standing still. we are currently still negotiating a lease with a peppercom rent with the foundersllan¢Jlords to ensure that the Charity can continue and suNive these turbulent times. Their passion to promote and preserve the heritage and culture of Sheppey is paramount to them as they hav8 already dedicated 15 years to growing the project into one that has gained respect in museum and theatrical fiehds. they want to leave a thriving legacy. Page 4
BLUE TOWN REMEMBERED REPORT OF THE TRUSTEES for the year ended 31 March 2024 (contlnued) STATEMENT OF TRUSTEES RESPONSIBILITIES The Trustees are responsible for preparing the Twstees, Annual RetK)rt and the financial 5talements in accordance with applicable law and United Kingdom Aw)unts'ng Stsndards (United Kingdom Generally Accepted Accounting Practi¢e}. Company law in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair vtew of the charttab18 company and the incoming reSoUrS and application of the resources. including the net incoTh or expendiiure of the charitable company for the year. In preparing those financial ststements. the trustees are required to: a) select suitable accounting policies and apply them consistenty. b) observe the methc*Ys arKI principles in the Chariiies SORP" c) make judgements and estimates that are reasonalje and prudent: d) state whether applicable aCCntIng standards and statements of recommended practice have been follow8d. subject to any departures disclosed arKI explained in the financial statements., e) prepare the financial statements on the going concem basis unless it is inappropriate to assume thal the company will continue in operation. The Trustses ar8 responsible for keeping adequate a¢a)unting reo)rds that are sufficient to show and explain the charitys transactions and disclose with reasonable accuracy al any time the financial position of the charity and which enable them to ensure that the financial statements comply with the Charities Act 2011 and comply with Seclion 386 of the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the Charity and hen for taking reasonable steps for the prevention and detection of fraud and other irregularities. This report has been prepared in accordance with the Statement of Recommended practice.. Accounting and Reporting by Charities (issued March 2015) and in accordance with the spec4al provisions of Part vii of the Companies Act 2006 relating to small Companies. Approved by the directors who have authorized the followirMJ to Sign on behalf of the board on ..2024 J Brown Trustee R Seager Trustee Page 5
Independent Examiner's Report to the trustees of BLUE TOWN REMEMBERED I report on the accounts of the Trust for the year ended 31st March 2024 which are set out on pages 7 10 12. Respective responsibilities of trustges and examiner The trustees {who are also the directors of the company for the purpose of company lawl are responsible for the preparab'on of the a¢¢ounts. The charitys trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 and that an independent examinalion is needed. Having been satisfied that the charity is not subject to audil under company law and is eligible for independent examination It is my responsibility to: examine the accounts under section 145 of the 2011 Act. lo follow the procedures laid down in Ihe General Directions given by the Charity Commission under section 145(5llbl of the 2011 Acl. and to slate whether particular matters have come lo my attention. Basis of independent examiners, report Our examination was carried out in accordance with the General Directions given by the Charity commission. An examination includes a review of the accounting records kepl by the charity and a comparison of Ihe accounls with those records. It also includes considering any unusual items or disclosures in the acuntS and seeking explanations from you as Iruslees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and Consequently, no opinion is given as to whelher the accounts present a 'lrue and fair view, and the report is limited to those matters set out in the statement below. In connection with my examination. no material matters have come to my attenlion which gives me causè to believe that in. any material respect- the accounting records were not kept in accordance with Section 130 of the Charities Act., or the ac¢ounls did not accord with the accounting records: or the accounts did nol comply with the applicable requirements conceming the fomi and content of accounts set out in the Charities (Accoun15 and Reports} Regulations 2008 other than any requirement that the accounts give a Irue and fairf view which is not a matter considered as part of an independent examination. I can confirm I have no other matters in connection wilh the examination lo which attention should be drawn in this report in order to enable a proper understsnding of the accounls lo be reached. L. C. Seal FCCA FAIA Blain Pritchard Limited Chartered Certified Accountants 29 High Street Blue Town. Sheerness Kent ME12 1RN ..2024 Page 6
BLUE TOWN REMEMBERED Statement of Financial Activities Year ended 31st March 2024 2024 2023 Unrestricted General Funds Restricted Total Funds Funds Total Funds Incom• and Endowments Donations and Legacies Charitable Activities Other trading activities Investments 8,140 65,462 9,586 10.150 18,29) 65,462 31,229 69,324 10,893 Total Incomlng Resources 83.188 10,150 93.338 111,446 Expendlture Raising Funds Charitable Activities Oth8r Expenditure 394 32.141 56,511 142 313 12.727 536 32.454 69,238 754 42. 143 65,416 Total resourcos expended 89.046 13.182 102.228 108.313 Net Incominglloutgoing) Resources bofor• Transfern (5,858) (3.032) (8,890) 3. 133 Transfers beeen funds (18) 18 Net In¢omingl(Outgoing) Rosources (5,876) (3.014) {8.890) 3, 133 Other Recognlsed Galns and Lossos Gains and Ioss8s on revaluation of fixed assets for the charitys own use Gains and losses on investment assets Not Movements In Funds 5.876 3.014 8.8 3,133 Fund balan8 brought forNard as at 1st April 2023 10,159 47.578 57,737 54,604 Fund balancos ¢arrlod foNard ag at 31st Mah 2024 4.283 44,564 48.847 57,Y37 The notes on pag¢s 10 to 12 forni part of thes¢ accimll Page 7
BLUE TOWN REMEMBERED Y•ar ended 31st March 2024 8¢hodulg lo Statement of Flnan¢l•l A¢tl¥llloS 73 nd• Toi•lfunds Incom• and Endowm•tr DonatJon8 and Legacle• General ¢Juots Fri8nd8 4,815 1&553 4,257 11,419 10.15) 31.229 2 Charlt•ble ActlvllS9• Mu$1¢ hall & o)vent Cln8m8 Incone Gatènng inc Admisslons 37,8 1,563 21.030 931 26.527 474 Shop income RrK)m hlr Fundralsl 1,265 9.628 Exp•ndltur• S R•181nq FuThJ Shop expen8es R¢J)m hire expers 142 7S4 T54 6 Charft•bl• A¢tl¥lW•• Music h811 & everts ctéts c1ma ¢x)sts CateriThJ 26.6Y4 1,470 3&9 439 150 163 Tour¥ Museurn 8XF4n 115 32.141 313 7 Olher EXp•f¥r• Light and heat Water ralas Waste dlspc Insurance Premises repai St8ffing (x)sts R8ntal oftelephone Teleon8 Pn'nting, F¢)Stage a stattm¢ry Compuw costs Repair8 & rnnowals Hielle. Heal & S818ty Sundry eyns8S SBC Licnc ard rn8chlr, bgnk ¢hwgo8 Accwnt8nCy D8pr8oation 7.979 6.753 1,378 3.273 3,010 29,709 828 3.437 512 1.172 1.267 1.068 25 1.436 201 491 775 1.439 6,W24 50.511 11727 64416 Py8
BLUE TOWN REMEMBERED Balance Sheet 31st March 2024 2024 2023 GOra1 Rostrlct•d Funds Funds Tol•l Funds Totsl Fund Flx•d ass•ts Tangible assets 39.283 39.283 46.574 39.283 39,283 46.574 Current A880ts Shop stod( Debtors Cash at b8nk and in hand 700 199 11,TT6 436 4.611 5.281 9.892 5.547 10.828 12.675 Credltors: amounts f¥lling du• wlthln onè ytsr 1.264 1,512 N•t Curront As8•tsl{Ilabilltl•¥} 4.283 5.281 N•t Assets 57,737 Funds of the charity Funds 10 4.283 48,847 57,737 4283 48.847 For the year ended 31st M8r¢h 2023 the company vras entiUed lo exempilon under section 477 of the Companies Act 2006 r8181ing lo sm811 companies. No Members have required the company to obtains an aijdit ol its accounts for th8 year in question in accordance wth section 476 of the Companies Act 20(6. Th$ directors ackTh)wtedge Iheir responsibility for complwng w7th the requirements of tha Ac¢ with rospect to accounb.ng reox)rds and for the weparakn of th8 a(#>)unts. The a¢counts have been prepared in ac£xJrdance ¥Alh the w0Vlon$ aWKable to companw subie¢*to the small o)mpanles regime. Approved by the Board of Trustees on ..2024 and si its behalf by M J Brown R Seager The nots¥ on pages 10 to 12 fomi part ollhese acmints
BLUE TOWN REMEMBERED Notss to th• accounts Year ended 31st March 2024 1 Accountlng pollcl•s Ba$l$ of a¢¢ountlng The financièl stat8m8nts ha¥• b98n pr8p8rgd urthr the h[1 oJ5t com18nbon and in wlh •xrAnlro standards.. the Charittes SORP IFRS1021'Aco)unttrYJ by chare5.: the Charrbes 2011 aTrJ Ihe Crynp8rwB5 20C6. In¢om• R¢¢ognltlon Voluntary income is ¢xedited to ts Slaternenl or Fmanoal attt lateroffwaplcrf ty Ih• ovarlM tha inctNN rnlat•s. ExCt ITr th6 case or gacies in whl¢h the inc4)me is wcognised it ks Gethn that nnIeS are rtL at the bakrKe sheet date and ran b8 rneaSur with r8asonabl8 c8rtainty, no valua 1$ attribut to don8t8d assets 88rVi&. is c¥8dit8d lo th8 Stst8m8nt or Fina1 ¥41185 laknTrJ into arL¥wnt rpwies duo r¢lèbnu to the finawal year 8nd attrued a¢¢ordlngly. I3tMent Inc¢m• Resourcea oxpandod and ba•ls olaifo¢allon of ¢o•ts Expendlture Ls hcludod in ts acujunts ng tha uaL5 (yjtspt R•srCS •ywid8d dw8cty lo the paitiujlar advlty where Ihe 8t relates to that acbvity. Tanglblo Flxed Auete Depreclakn L8 provlded at the fc4hyAng anftU r8t•s in ordwtowfite off th assetV4w ts 8sUmabJ uselul Ih. l Assèts: 10% and 20% perarfflvm cffi cc6t 2 Eyndltur• 2023 Indop8nd8nt examlnarfs fag 3 R¢strfcted Funds Fund Name oIFund and Restrlctlons Mu8wm De¥aPM8t This grantW88 to anable b) Ojnp8 the er8daOn proc88s. Thls on hold unol th8 Oefibrfllaior Restrt¢t•d Sncomelund Garfield W88ton Resthcted inojme fund Funds fc¥ lift instalklion Re$lyideil incorrlund Funds to purchase 8 Ift ranw & lkn)ring Funds to ut in new ceili . insulab(K. for d funds to leu e heab hb and insulati Fund lor re ani%in archi¥e area and surroundin Gr8nt asssiwith sts of thÈ cha s salaries & Graftt lo urchase heater5 and chairs for th8 Cliten Grant to stra dovebpment t>)sts. Grwt Ihe reha5e of a Locempnt tr1b forthe anema Dock ard Toom SBC Cleaner Growth Herita È Grant KCF Im ct Fund SBC Grant C¢Y r Fer usson SBC Membets Grant ResffiGted incorne fund Resded incorne lund Restrde¢ inGorne fund Reskncied incor fun ResthLled incorne fund Restrided ine0rn8 lund Resthcte(S incorn8 fund arf toom 4 Mov•mont of th• R•strlct•d Fund FurKI Balartus Fund Balanc•s Museum Dovebpmant Defjbrillator Garfield W88 Cènticoarum Dor&ard rocn UKvJrade gront S8C Cleaner Growth urant Heritage Grant KCF Impact Fund S8C Grant Coly8r Fergusson grant SBC Membern grant 1.500 1.261 34,242 1158) 142201 12401 11.4TrJl lfj(K)I (Fe} 1.103 30,022 720 4.200 1.811 234 100 5,600 2,411 312 100 1.192 1228} 18 10.0 150 (5,812} 11501 4.188 47.578 10,150 6.924 6.258 18 PagE 10
BLUE TOWN REMEMBERED Notes to the accounts Year ended 31st March 2024 5 Members, Remuneraljon No remuneralion directy or iThJireclty Lxrt of the I8 of the charrty was pald or payable for th6 yoar to any rnèmber to any other person or persons krK>wn to be Inected with them apart from the transadion disclosed in the related party note. 6 Tangible Flxed Assets Detall8 of Movèments on Assets ImprOvennts to L&islId Prop8rty Fixtures, fittings & equipment PLqrf & Equipment Computers Total COST Balance brought forward Additions Revaluations Disposals Balance carfed fopNard 43.782 4,194 30.5 43,782 4.194 5,998 DEPRECIATION Balance brougm fcKward Disposals Revaluation Chargo ft)r the year Balance carried forwaT(t 21,073 8.247 5.084 37,990 2.379 23.452 4,378 12.625 305 3,891 229 5,313 7,291 45,281 Not book valu• at 31st March 2024 7.138 31.151 303 685 39.283 Net book value at 31st March 2023 9.517 914 46.574 A)1 fixed assets are used dlrecuy for caritab purp)ses. 7 Debtors Amounts falling due wlhin C year 2024 Unrestrict&J Restrictvj Unrestricted Restrict& fund fund fvnd Other d8btors HM Revenue & Customs Prepayments 199 372 199 8 Credltors Amounts falling due withln one >vr 2024 Unrestrthl Restn"ct8J fund fur 2023 unreStrted Restrict1 fund Other creditors HM Revenue & Custom5 Sw¥le Museums Group Accruals 65 1.199 1,512 1.199 1.264 P•Je 11
BLUE TOWN REMEMBERED Notes to tho accounts Year ended 31st March 2024 Stafflng 2024 2023 Salaries and wagès Social security costs Pension costs 38,290 216 581 28,181 1,116 412 39.087 29,709 The charity holds funds on behalf of the Swale Museums group. This will enable the 15 museum$ and other heritage collections in Swale to be able to work collectively to raise the profile of this heiitage area. raise funds for historic Swale and share resources. At the year end funds unspent anUnted to £65 and this amount is shown in creditors. Once the Swale Museums group becomes a registered charity in its own right and has its own bank account any unused funds will b8 transferred to it. Mrs J M Huthett 1$ chair of the swa Museums Group. Unrestricted Restricted Funds Funds 10 Funds Total Funds Resèrves at 1st April 2023 10.159 47,578 57,737 Intr1 83.188 10.150 93,338 Expenditure 89.046 13.182 102,228 Transfer5 between funds (18) 18 Res•prn$ at 31st March 2024 4.283 48.847 11 Operatlng lease commltments Tho followlng payments are commltted to be paid wlthln one year 2024 Property Other 2023 Property Other Lease Explrfng: 1 to 5 years Over 5 ar$ The Charity operates from premises owned by Mr and Mr5 Hurkett. Mr & Mrs Hurkett waived rent for this year. Mr & Mrs Hurkett and the charity are CUenY drawing up a lease for 15 years with the charity to potentl8lly pay a peppercom annual rent only. Mr & Mrs Hurkett have agreed to provide financial support as required. Page 12