**REGISTERED CHARITY NUMBER: 1136752** ## Report of the Trustees and Unaudited Financial Statements for the Year Ended 5th April 2022 for TEMPESTS OF BROUGHTON CHARITABLE TRUST David Wootton & Co Main Street Wray Lancaster LA2 8QA TEMPESTS OF BROUGHTON CHARITABLE TRUST Contents of the Financial Statements for the Year Ended 5th April 2022 **----- Start of picture text -----**
Page
Report of the Trustees 1 to 3
Independent Examiner's Report 4 to 5
Statement of Financial Activities 6
Balance Sheet 7 to 8
Notes to the Financial Statements 9 to 15
Detailed Statement of Financial Activities 16
**----- End of picture text -----**
TEMPESTS OF BROUGHTON CHARITABLE TRUST Report of the Trustees for the Year Ended 5th April 2022 The trustees present their report with the financial statements of the charity for the year ended 5th April 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** The objects of the charity are to benefit such organisations and projects that are charitable according to the laws of England and Wales and in particular in the advancement of the Roman Catholic Faith. The support of organisations and projects that are charitable according to the laws of England and Wales means that by definition the objects of the charity are of benefit to the public. The Trustees have had regard to the guidance issued by the Charity Commission on public benefit ## **ACHIEVEMENT AND PERFORMANCE** ## **Charitable activities** The Residence for a Roman Catholic Priest, a charity with registered number 247664 transferred its assets into this charity on 3rd February 2022. The only asset of this Charity was The Manse, a property valued at £325,000, which was developed into a rental property in the year. The Rent received from the Manse was £4,500. There were charitable donations made of £6,090. The costs of upkeep of the Broughton Chapel added up to £670. The costs of renovation of the Manse added up to £216,732. There were bank charges of £522. ## **FINANCIAL REVIEW** ## **Financial position** Donations to the charity raised £155,585. £125,785 was received into the bank and there were £29,800 of gift aid claims. The Charity has surplus funds of £31,906 to be used in the next period. Any surplus funds are held on deposit to earn interest until required. ## **Reserves policy** The charity's reserve policy is to ensure there are sufficient unrestricted free reserves to meet its financial obligations. 1 TEMPESTS OF BROUGHTON CHARITABLE TRUST Report of the Trustees for the Year Ended 5th April 2022 ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity. Trustees are appointed by a resolution ## **REFERENCE AND ADMINISTRATIVE DETAILS** ## **Registered Charity number** 1136752 ## **Principal address** Estate Office Broughton Hall Broughton Skipton Yorkshire BD23 3AE ## **Trustees** Mr R H Tempest (appointed 14.6.21) (resigned 23.12.21) Mr P M Tempest (resigned 23.12.21) Mr M J Floydd (appointed 23.12.21) Sir C D Forbes Adam Bt. OBE (appointed 23.12.21) ## **Independent Examiner** David Wootton & Co Main Street Wray Lancaster LA2 8QA ## **STATEMENT OF TRUSTEES' RESPONSIBILITIES** The trustees are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). 2 TEMPESTS OF BROUGHTON CHARITABLE TRUST Report of the Trustees for the Year Ended 5th April 2022 ## **STATEMENT OF TRUSTEES' RESPONSIBILITIES - continued** The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to - select suitable accounting policies and then apply them consistently; - observe the methods and principles in the Charity SORP; - make judgements and estimates that are reasonable and prudent; - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by order of the board of trustees on 10th March 2023 and signed on its behalf by: Maxwell Floydd (Mar 13, 2023 16:31 GMT) Mr M J Floydd - Trustee 3 Independent Examiner's Report to the Trustees of TEMPESTS OF BROUGHTON CHARITABLE TRUST ## **Independent examiner's report to the trustees of TEMPESTS OF BROUGHTON CHARITABLE TRUST** I report to the charity trustees on my examination of the accounts of TEMPESTS OF BROUGHTON CHARITABLE TRUST (the Trust) for the year ended 5th April 2022. ## **Responsibilities and basis of report** As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act'). I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act. 4 Independent Examiner's Report to the Trustees of TEMPESTS OF BROUGHTON CHARITABLE TRUST ## **Independent examiner's statement** Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of Chartered Institute of Management Accountants (CIMA) which is one of the listed bodies. I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. David Wootton Chartered Institute of Management Accountants (CIMA) David Wootton & Co Wray Lancaster 10th March 2023 5 TEMPESTS OF BROUGHTON CHARITABLE TRUST ## Statement of Financial Activities for the Year Ended 5th April 2022 |Unrestricted
fund
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
155,585
Investment income
2
4,500
Other income
3
325,000
**Total**
485,085
**EXPENDITURE ON**
**Charitable activities**
Grant making to charitable works
6,090
Sacred Heart Chapel
60
The Manse
-
Other
523
**Total**
6,673
**NET INCOME/(EXPENDITURE)**
478,412
**RECONCILIATION OF FUNDS**
Total funds brought forward
59,533
**TOTAL FUNDS CARRIED FORWARD**
537,945|Restricted
fund
£
-
-
-
-
-
-
36,302
-
36,302
(36,302)
36,302
-|2022
Total
funds
£
155,585
4,500
325,000
485,085
6,090
60
36,302
523
42,975
442,110
95,835
537,945|2021
Total
funds
£
109,344
-
-
109,344
1,240
240
13,397
494
15,371
93,973
1,862
95,835| |---|---|---|---| The notes form part of these financial statements 6 TEMPESTS OF BROUGHTON CHARITABLE TRUST ## Balance Sheet 5th April 2022 |2022
Unrestricted
Restricted
Total
fund
fund
funds
Notes
£
£
£
**FIXED ASSETS**
Tangible assets
6
506,039
-
506,039
**CURRENT ASSETS**
Debtors
7
29,800
-
29,800
Cash at bank and in hand
2,106
-
2,106
31,906
-
31,906
**NET CURRENT ASSETS**
31,906
-
31,906
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
537,945
-
537,945
**NET ASSETS**
537,945
-
537,945|2021
Total
funds
£
-
-
95,835
95,835
95,835
95,835
95,835| |---|---| The notes form part of these financial statements continued... 7 TEMPESTS OF BROUGHTON CHARITABLE TRUST Balance Sheet - continued 5th April 2022 |**FUNDS**
8
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|537,945
-
537,945|59,533
36,302
95,835| |---|---|---| The financial statements were approved by the Board of Trustees and authorised for issue on 10th March 2023 and were signed on its behalf by: Maxwell Floydd (Mar 13, 2023 16:31 GMT) Mr M J Floydd - Trustee ## Cdforbes Adam Cdforbes Adam (Mar 13, 2023 22:58 GMT) Sir C D Forbes Adam Bt. OBE - Trustee The notes form part of these financial statements 8 TEMPESTS OF BROUGHTON CHARITABLE TRUST Notes to the Financial Statements for the Year Ended 5th April 2022 ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure. ## **Tangible fixed assets** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. ## **Taxation** The charity is exempt from tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. continued... 9 TEMPESTS OF BROUGHTON CHARITABLE TRUST Notes to the Financial Statements - continued for the Year Ended 5th April 2022 ## **1. ACCOUNTING POLICIES - continued** ## **Fund accounting** Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **2. INVESTMENT INCOME** |2022
£
Rents received
4,500
**3.**
**OTHER INCOME**
2022
£
Exceptional items
325,000|2021
£
-
2021
£
-| |---|---| The Residence for a Roman Catholic Priest, a charity with registered number 247664 transferred its assets into this charity on 3rd February 2022. The only asset of this Charity was The Manse, a property valued at £325,000. ## **4. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 5th April 2022 nor for the year ended 5th April 2021. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 5th April 2022 nor for the year ended 5th April 2021. continued... 10 TEMPESTS OF BROUGHTON CHARITABLE TRUST Notes to the Financial Statements - continued for the Year Ended 5th April 2022 **----- Start of picture text -----**
5. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted Restricted Total
fund fund funds
£ £ £
INCOME AND ENDOWMENTS FROM
Donations and legacies 60,518 48,826 109,344
EXPENDITURE ON
Charitable activities
-
Grant making to charitable works 1,240 1,240
Sacred Heart Chapel 240 - 240
The Manse 873 12,524 13,397
Other 494 - 494
Total 2,847 12,524 15,371
NET INCOME 57,671 36,302 93,973
RECONCILIATION OF FUNDS
-
Total funds brought forward 1,862 1,862
TOTAL FUNDS CARRIED FORWARD 59,533 36,302 95,835
**----- End of picture text -----**
continued... 11 TEMPESTS OF BROUGHTON CHARITABLE TRUST Notes to the Financial Statements - continued for the Year Ended 5th April 2022 **----- Start of picture text -----**
6. TANGIBLE FIXED ASSETS
Freehold
property
£
COST
Additions 506,039
NET BOOK VALUE
At 5th April 2022 506,039
-
At 5th April 2021
7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£ £
Other debtors 29,800 -
8. MOVEMENT IN FUNDS
Net
movement At
At 6.4.21 in funds 5.4.22
£ £ £
Unrestricted funds
General fund 59,533 478,412 537,945
Restricted funds
-
Development of the Manse 36,302 (36,302)
TOTAL FUNDS 95,835 442,110 537,945
**----- End of picture text -----**
continued... 12 TEMPESTS OF BROUGHTON CHARITABLE TRUST Notes to the Financial Statements - continued for the Year Ended 5th April 2022 ## **8. MOVEMENT IN FUNDS - continued** Net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
**Restricted funds**
Development of the Manse
**TOTAL FUNDS**
**Comparatives for movement in funds**
**Unrestricted funds**
General fund
**Restricted funds**
Development of the Manse
**TOTAL FUNDS**|Incoming
resources
£
485,085
-
485,085
At 6.4.20
£
1,862
-
1,862|Resources
Movement
expended
in funds
£
£
(6,673)
478,412
(36,302)
(36,302)
(42,975)
442,110
Net
movement
At
in funds
5.4.21
£
£
57,671
59,533
36,302
36,302
93,973
95,835| |---|---|---| continued... 13 TEMPESTS OF BROUGHTON CHARITABLE TRUST Notes to the Financial Statements - continued for the Year Ended 5th April 2022 ## **8. MOVEMENT IN FUNDS - continued** Comparative net movement in funds, included in the above are as follows: |Incoming
Resources
Movement
resources
expended
in funds
£
£
£
**Unrestricted funds**
General fund
60,518
(2,847)
57,671
**Restricted funds**
Development of the Manse
48,826
(12,524)
36,302| |---| |**TOTAL FUNDS**
109,344
(15,371)
93,973| || |A current year 12 months and prior year 12 months combined position is as follows:
Net
movement
At
At 6.4.20
in funds
5.4.22
£
£
£
**Unrestricted funds**
General fund
1,862
536,083
537,945| |**TOTAL FUNDS**
1,862
536,083
537,945| continued... 14 TEMPESTS OF BROUGHTON CHARITABLE TRUST Notes to the Financial Statements - continued for the Year Ended 5th April 2022 ## **8. MOVEMENT IN FUNDS - continued** A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: |**Unrestricted funds**
General fund
**Restricted funds**
Development of the Manse
**TOTAL FUNDS**|Incoming
resources
£
545,603
48,826
594,429|Resources
Movement
expended
in funds
£
£
(9,520)
536,083
(48,826)
-
(58,346)
536,083| |---|---|---| ## **9. RELATED PARTY DISCLOSURES** MJ Floydd and Sir CD Forbes Adam Bt. OBE, trustees of the charity, have a non-beneficial and indirect interest in The Broughton Hospitality Partnership which leases The Manse from the charity 15 TEMPESTS OF BROUGHTON CHARITABLE TRUST Detailed Statement of Financial Activities for the Year Ended 5th April 2022 |**INCOME AND ENDOWMENTS**
**Donations and legacies**
Donations
Gift aid
Grants
**Investment income**
Rents received
**Other income**
Exceptional items
**Total incoming resources**
**EXPENDITURE**
**Charitable activities**
Wages
Professional Fees
Property Repairs
Grants to institutions
**Support costs**
**Finance**
Bank charges
Total resources expended
**Net income**|2022
£
125,785
29,800
-
155,585
4,500
325,000
485,085
60
9,993
26,309
6,090
42,452
523
42,975
442,110|2021
£
60,518
-
48,826
109,344
-
-
109,344
240
12,224
1,173
1,240
14,877
494
15,371
93,973| |---|---|---| This page does not form part of the statutory financial statements 16 Final Audit Report 2023-03-13 ## Tempests of Broughton Charitable Trust 2022 Created: 2023-03-13 By: David Wootton (david@woottonandco.com) Status: Signed Transaction ID: CBJCHBCAABAA8WHcIB5t-rR7i1aHHjv_U9mXVhDxfQF_ ## "Tempests of Broughton Charitable Trust 2022" History ## Document created by David Wootton (david@woottonandco.com) 2023-03-13 - 14:35:12 GMT- IP address: 185.217.159.159 ## Document e-signed by David Wootton (david@woottonandco.com) Signature Date: 2023-03-13 - 14:36:31 GMT - Time Source: server- IP address: 185.217.159.159 ## Document emailed to max.floydd@saffrey.com for signature 2023-03-13 - 14:36:33 GMT ## Email viewed by max.floydd@saffrey.com 2023-03-13 - 16:25:00 GMT- IP address: 85.115.53.202 - Signer max.floydd@saffrey.com entered name at signing as Maxwell Floydd 2023-03-13 - 16:31:01 GMT- IP address: 85.115.53.202 ## Document e-signed by Maxwell Floydd (max.floydd@saffrey.com) Signature Date: 2023-03-13 - 16:31:03 GMT - Time Source: server- IP address: 85.115.53.202 ## Document emailed to charlie@escrick.com for signature 2023-03-13 - 16:31:04 GMT ## Email viewed by charlie@escrick.com 2023-03-13 - 18:25:15 GMT- IP address: 172.225.176.225 - Signer charlie@escrick.com entered name at signing as Cdforbes Adam 2023-03-13 - 22:58:11 GMT- IP address: 92.23.89.111 ## Document e-signed by Cdforbes Adam (charlie@escrick.com) Signature Date: 2023-03-13 - 22:58:13 GMT - Time Source: server- IP address: 92.23.89.111 ## Agreement completed. 2023-03-13 - 22:58:13 GMT