## ||||Pages| |---|---|---|---| |Trustees'
Annual
Report|||2to 3| |Independent
Examiner's
Report|||| |Statement
of Financial
Activities|||| |Summary
Income and Expenditure||Account|| |Balance Sheet|||| |Statement
of Cash flows|||| |Notes to the Accounts|||9to 17| |Detailed Statement
of Financial|Activities||18to 20| ## ## ## ## ## ## ## ## ## ## |for the year ended 31Decem|ber 2023|||| |---|---|---|---|---| |||Unrestricted||| |||funds|Total funds|Total funds| |||2023|2023|2022| ||Notes|f|E|f| |Income and endowments||||| |from:||||| |Donations
and legacies||60,216|60,216|19,672| |Other trading
activities||266,667|266,667|267,432| |Investments||1,791|1,791|1,320| |Other||35,673|35,673|35,053| |Tota I||364,347|364,347|323,477| |Expenditure
on:||||| |Raising funds|8|232,325|232,325|246,287| |Charitable
activities|9|6,809|6,809|4,539| |Other|10|93,832|93,832|100,745| |Total||332,966|332,966|351,571| |Net gains on investments||||| |Net Income/(expenditure)||31,381|31,381|(28,094)| |Transfers
between
funds||||| |Net income/(expenditure)
before other gains/(losses)||31,381|31,381|(28,094)| |Other gains and losses||||| |Gains on revaluation
of||||| |fixed assets||559,153|559,153|| |Net movement
in funds||590,534|590,534|(28,094)| |Reconciliation
offunds:||||| |Total funds brought
forward||951,299|951,299|979,393| |Total funds carried forward||1,541,833|1,541,833|951,299| ## |||||2023|2022| |---|---|---|---|---|---| ||||||f| |Income||||362,556|323,477| |Interest and|investment
income|||1,791|| |Gross income for||the year||364,347|323,477| |Expenditure||||357,906|340,254| |Interest payable|||||52| |Depreciation|and|charges|for||| |impairment|of fixed assets|||(24,940)|11,255| |Total expenditure||for the|year|332,966|351,561| |Net income/(expenditure)|||before tax||| |for the year||||31,381|(28,084)| |Net income|/(expenditure||)for the year|31,381|(28,084)| ## |Company
No.||07344699|07344699|07344699|07344699|Notes|2023|2022| |---|---|---|---|---|---|---|---|---| |||||||||6| |Fixed assets||||||||| |Tangible assets||||||13|1,512,292|742,650| ||||||||1,512,292|742,650| |Current assets||||||||| |Debtors||||||14|10,059|17,541| |Cash at bank||and||in hand|||32,297|203,142| ||||||||42,356|220,683| |Creditors: Amount|||falling||due within one year|15|(12,815)|(12,034)| |Net current assets|||||||29,541|208,649| |Total assets less||current|||liabilities||1,541,833|951,299| |Net assets excluding||||pension asset or liability|||1,541,833|951,299| |Total net assets|||||||1,541,833|951,299| |The funds ofthe||charity||||||| |Restricted funds||||||17||| |Unrestricted
funds||||||17||| |General funds|||||||982,680|951,299| ||||||||982,680|951,299| |Reserves||||||17||| |Revaluation|reserve||||||559,153|| ||||||||559,153|| |Total funds|||||||1,541,833|951,299| ||||2023| |---|---|---|---| ||||6| |Cash flows from operating|activities||| |Net Income/(expenditure)|per Statement of|Financial Activities|590,534| |Adjustments
for:|||| |Depreciation
of property,
plant and equipment|||(24,940)| |Dividends,
interest and|rents from investments||(37,464)| |Other gains/losses|||(559,153)| |Decrease/(Increase)
In trade and other receivables|||6,665| |Increase
in trade and other payables|||1,733| |Net cash used in operating|activities||(22,625)| |Cash flows from investing|activities||| |Proceeds from sales of|property,
plant and equipment||| |Payments
for property,|plant and equipment||(185,684)| |Dividends,
interest
and|rents from investments||37,464| |Net cash used in investing|activities||(148,220)| |Net cash from financing
activities|||| |Net decrease
in cash and cash equivalents|||(170,845)| |Cash and cash equivalents|at the beginning|ofthe year|203,142| |Cash and cash equivalents|at the end ofthe|year|32,297| |Components
ofcash and cash equivalents|||| |Cash and bank balances|||32,297| ||||32,297| ## ## |last year and no cha|last year and no cha|last year and no cha|nges
have been made to accounts for previous
years.|||||| |---|---|---|---|---|---|---|---|---| |Fund accounting||||||||| |Unrestricted||funds|These are available for use at the discretion ofthe trustees||in furtherance||ofthe|| ||||general objects ofthe charity.|||||| |Designated||funds|These are unrestricted
funds earmarked
by the trustees|for particular||purposes,||| |Revaluation||funds|These are unrestricted
funds which include
a revaluation|reserve representing||||the| ||||restatement
ofinvestment
assets at their market values.|||||| |Restricted|funds||These are available for use subject to restrictions
imposed||by the donor or||through|| ||||terms of an appeal.|||||| |Income||||||||| |Recognition||of|Income
is Included
in the Statement
of Financial Activities||(SoFA) when|the|charity|| |income|||becomes entitled to, and virtually
certain to receive, the|income and the amount of||||| ||||the income can be measured
with sufficient
reliability.|||||| |Income with||related|Where Income has related expenditure
the income and|related expenditure||||is| |expenditure|||reported
gross in the SoFA.|||||| |Donations|and||Voluntary
income received
by way ofgrants, donations
and gifts is Included||||in the|| |legacies|||the SoFA when receivable
and
only when the Charity has||unconditional|||| ||||entitlement
to the income,|||||| |Tax reclaims||on|Income from tax reclaims
is included
in the SoFA at the same time as the|||||| |donations|and gifts||gift/donation
to which
it relates.|||||| |Donated services|||These are only included
in income (with an equivalent
amount
in expenditure)|||||| |and facilities|||where the benefit to the Charity
is reasonably
quantifiable,||measurable|and||| ||||material.|||||| |Volunteer|help||The value of any volunteer
help received
is not included|in|the accounts.|||| |Investment||income|This is included
in the accounts when receivable.|||||| |Gains/(losses)
on|||This includes
any gain or loss resulting
from revaluing
Investments
to market|||||value| |revaluation||of fixed|at the end ofthe year,|||||| |assets||||||||| |Gains/(losses)
on|||This includes
any gain or loss on the sale ofinvestments,|||||| |investment|assets|||||||| ## ## ## ## ## ## ## ## ## ## ## ## |3
Statement
of Financial|Activities - prior year||| |---|---|---|---| |||Unrestricted|| |||funds|Total funds| |||2022|2022| |Income and endowments|from:||| |Donations
and legacies||19,672|19,672| |Charitable
activities||267,432|267,432| |Other trading activities||35,053|35,053| |Investments||1,320|1,320| |Tota I||323,477|323,477| |Expenditure
on:|||| |Raising funds||246,287|246,287| |Charitable
activities||4,539|4,539| |Other||100,745|100,745| |Tota I||351,571|351,571| |Net Income||(28,094)|(28,094)| |Net income before other||(28,094)|(28,094)| |gains/(losses)|||| |Other gains and losses:|||| |Net movement
in funds||(28,094)|(28,094)| |Reconciliation
offunds:|||| |Total funds brought
forward||979,393|979,393| |Total funds carried forward||951,299|951,299| |4|Income|from donations
and legacies|||| |---|---|---|---|---|---| ||||Unrestricted|Total|Tota I| |||||2023|2022| ||Appeals|and donations|60,216|60,216|19,672| ||||60,216|60,216|19,672| |5|Income|from other trading activities|||| ||||Unrestricted|Total|Tota I| |||||2023|2022| ||Show income||266,667|266,667|267,432| ||||266,667|266,667|267,432| ## ## |||||||Unrestricted|Total|Tota I| |---|---|---|---|---|---|---|---|---| ||||||||2023|2022| ||Investment|Income||||1,791|1,791|1,320| |||||||1,791|1,791|1,320| |7|Other Income|||||||| |||||||Unrestricted|Total|Total| ||||||||2023|2022| ||Rental income|||||35,673|35,673|35,053| |||||||35,673|35,673|35,053| |8|Expenditure|on raising||funds||||| |||||||Unrestricted|Tota I|Tota I| ||||||||2023|2022| ||Costs ofgenerating||voluntary|||||| ||income|||||||| ||Appeals
and|donations||||725|725|1,100| ||Fundraising|trading|casts|||||| ||Show costs|||||231,600|231,600|245,187| |||||||232,325|232,325|246,287| |9|Expenditure|on charitable|||activities|||| |||||||Unrestricted|Total|Total| ||||||||2023|2022| ||Governance|costs||||||| ||Legal and professional|||fees||3,637|3,637|1,086| ||8ank interest|paid||||||52| ||Independent|examiner||fees||3,172|3,172|3,401| |||||||6,809|6,809|4,539| ## |10|Other expenditure|||||| |---|---|---|---|---|---|---| |||||Unrestricted|Tota I|Tota I| ||||||2023|2022| ||Employee
costs|||56,708|56,708|53,978| ||Motor and travel costs|||||85| ||Premises costs|||29,995|29,995|11,716| ||Amortisation,
depreciation,|||||| ||impairment,
profit/loss|on||(24,940)|(24,940)|11,255| ||disposal of fixed assets|||||| ||General administrative|costs||32,069|32,069|31,676| ||Legal and professional|costs||||(7,965)| |||||93,832|93,832|100,745| |11|Net income/(expenditure)||before transfers|||| |||||2023||2022| ||This is stated after charging:|||E||E| ||Depreciation
ofowned|fixed assets||(24,940)||11,255| |12|Staff costs|||||| |||||2023||2022| ||Salaries and wages|||58,427||48,407| ||Social security costs|||612||414| ||Pension costs|||(2,331)||4,566| |||||56,708||53,387| ## ## |13|Tangible fixe|d assets|||||| |---|---|---|---|---|---|---|---| |||||||Freehold|| ||||||Fixtures,|Land &|| |||||Land and
buildings|Fittings &
Computer|Buildings
and|Total| ||||||equipment|Improvemen|| |||||||ts|| ||Cost or revaluation||||||| ||At 1January|2023||757,153|58,134||815,287| ||Additions|||183,961|1,723||185,684| ||Revaluation|||559,153|||559,153| ||Disposals||||(4,850)||(4,850)| ||At 31December 2023|||1,500,267|55,007||1,555,274| ||Depreciation|and|||||| ||impairment||||||| ||At 1January|2023||28,946|43,691||72,637| ||Depreciation
year|charge for the||(28,946)|4,006||(24,940)| ||Disposals||||(4,715)||(4,715)| ||At 31December 2023||||42,982||42,982| ||Net book values||||||| ||At 31December 2023|||1,500,267|12,025||1,512,292| ||At 31December 2022|||728,207|14,443||742,650| |14|Debtors||||||| ||||||2023||2022| ||||||f||f| ||Trade debtors||||1,800||1,779| ||VAT recoverable||||2,919||15,762| ||Prepayments|and accrued|income||5,340||| ||||||10,059||17,541| |15|Creditors:||||||| ||amounts
falling due within||one year||||| ||||||2023||2022| ||||||f||f| ||Trade creditors||||5,434||4,005| ||Other taxes and social security||||3,489||1,462| ||Other creditors||||304||3,967| ||Accruals||||1,648||2,600| ||Deferred
income||||1,940||| ||||||12,815||12,034| ## |16|Deferred
Income|Deferred
Income|||||| |---|---|---|---|---|---|---|---| ||Movement ofthe||deferred income shown in Creditors:|amounts|falling due within|one year|| ||||||2023||2022| ||||||f||f| ||Deferred
in|current year|||1,940||| ||At 31December||||1,940||| ||Deposits for 2024||show||||| |17|Movement|In funds|||||| ||||||Incoming||| ||||||resources||At 31| ||||||(including|Resources|December| ||||||other|expended|2023| ||||At 1January||gains/losses||| |||||2023|)||| ||||||f||| ||Restricted funds:||||||| ||Unrestricted|funds:|||||| ||General funds||951,299||364,347|(332,966)|982,680| ||Revaluation|Reserves:|||||| ||Revaluation|fund|||559,153||559,153| ||Total revaluation||reserves||559,153||559,153| ||Total funds||951,299||923,500|(332,966)|1,541,833| |18|Analysis of net|assets between
funds|||| |---|---|---|---|---|---| |||||Unrestricted|| ||||||Tota I| |||||funds|| |||||f|| ||Fixed assets|||1,512,292|1,512,292| ||Net current assets|||29,541|29,541| |||||1,541,833|1,541,833| |19|Reconciliation|ofnet debt|||| ||||||At 31| ||||At 1January||December| ||||2023|Cash flows|2023| ||||f|f|f| ||Cash and cash|equivalents|203,142|(170,845)|32,297| ||||203,142|(170,845)|32,297| ||Net debt||203,142|(170,845)|32,297| ## ## ## |Annual|co|mmitments
under non-cance|llable
operat|ing
leases ar|e as follows.
'||| |---|---|---|---|---|---|---|---| |||||2023|2023|2022|2022| |||||Land and||Land and|| ||||||Other||Other| |||||buildings||buildings|| |||||f||f|| |Operating||leases with expiry date;|||||| |Pens/on|commitments||||||| |Nest pension
fund for auto enrolment|||commitments||||| ||||||2023||2022| ||||||f||f| |The pension cost charge to the company|||||||| |amounted||to:|||(2,331)||4,566| |Related|party disclosures||||||| |Controlling||party|||||| ## ## |for the year en|ded 3|1|D|ecembe|r 2023|||| |---|---|---|---|---|---|---|---|---| |||||||Unrestricted||| |||||||funds|Total funds|Total funds| |||||||2023|2023|2022| |||||||f|f|E| |Income and endowments||||from:||||| |Donations
and|legacies|||||||| |Appeals
and|donations|||||60,216|60,216|19,672| |||||||60,216|60,216|19,672| |Other trading|activities|||||||| |Show income||||||266,667|266,667|267,432| |||||||266,667|266,667|267,432| |Investments||||||||| |Investment
income||||||1,791|1,791|1,320| |||||||1,791|1,791|1,320| |Other||||||||| |Rental income||||||35,673|35,673|35,053| |||||||35,673|35,673|35,053| |Total income|and endowments|||||364,347|364,347|323,477| |Expenditure
on:||||||||| |Costs ofgenerating||donations|||and|||| |legacies||||||||| |Appeals
and|donations|||||725|725|1,100| |||||||725|725|1,100| |Costs of other|trading||activities|||||| |Show costs||||||231,600|231,600|245,187| |||||||231,600|231,600|245,187| |Total of expenditure|||on|raising||232,325|232,325|246,287| |funds||||||||| |Governance
costs||||||||| |Legal and professional||||fees||3,637|3,637|1,086| |Bank interest|paid|||||||52| |Independent|examiner|||fees||3,172|3,172|3,401| |||||||6,809|6,809|4,539| |Total of expenditure|||on|charitable||6,809|6,809|4,539| |activities||||||||| |Employee costs||||||||| |Salaries/wages||||||58,427|58,427|48,407| |Employer's|NIC|||||612|612|414| |Pension costs||||||(2,331)|(2,331)|4,566| |Staff training||||||||187| |Staff welfare||||||||404| |||||||56,708|56,708|53,978| ## |Travel and subsistence|Travel and subsistence||||||85| |---|---|---|---|---|---|---|---| ||||||||85| |Premises costs|||||||| |Rates|||||2,908|2,908|1,964| |Light, heat and power|||||5,946|5,946|2,521| |Premises cleaning|||||||188| |Premises
repairs
and
maintenance|||||21,141|21,141|7,043| ||||||29,995|29,995|11,716| |General administrative||costs,|||||| |including
depreciation|and||||||| |amortisation|||||||| |Depreciation
of Fixtures,
&Computer
equipment|||Fittings||4,006|4,006|4,819| |Depreciation
of Freehold
Land
Buildings
and improvements||||Ik|(28,946)|(28,946)|6,436| |Bank charges|||||3,552|3,552|2,946| |Equipment
expensed|||||1,386|1,386|| |Equipment
leasing and
charges||hire|||4,418|4,418|5,010| |Generalinsurances|||||2,991|2,991|6,077| |Postage and couriers|||||3,067|3,067|2,556| |Software,
ITsupport
costs|and||related||7,176|7,176|6,822| |Stationery
and printing|||||4,385|4,385|5,537| |Subscriptions|||||222|222|221| |Sundry expenses|||||2,950|2,950|(230)| |Telephone,
fax and broadband|||||1,922|1,922|2,737| ||||||7,129|7,129|42,931| |Legal and professional|costs||||||| |Consultancy
fees|||||||(7,965)| ||||||||(7,965)| |Total ofexpenditure
ofother costs|||||93,832|93,832|100,745| |Total expenditure|||||332,966|332,966|351,571| |Net gains on investments|||||||| |Net Income/(expenditure)|||||31,381|31,381|(28,094)| |Net Income/(expenditure)
other gains/(losses)|||before||31,381|31,381|(28,094)| |Other recognised
gains|and||losses||||| |Gains on revaluation|offixed||||||| |assets|||||559,153|559,153|| |Other Gains|||||||| |Net movement
In funds|||||590,534|590,534|(28,094)| ## |Reconciliation
offunds:|Reconciliation
offunds:|||| |---|---|---|---|---| |Total funds brought|forward|951,299|951,299|979,393| |Total funds carried|forward|1,541,833|1,541,833|951,299|