CLOPHILL HERITAGE TRUST
ANNUAL REPORT & FINANCIAL STATEMENTS FOR YEAR ENDED 30 JUNE 2024
Company Number: 07280273 Charity Number: 1138974
Clophill Heritage Trust
Trustees' Annual Report for the year ended 30 June 2024
CONTENTS
| CONTENTS | |
|---|---|
| Page | |
| Trustees' Annual Report Statement of Trustees' Responsibilities |
2 5 |
| Independent Examiner's Report | 6 |
| Statement of Financial Activities | 7 |
| Balance Sheet | 8 |
| Notes to the Financial Statements | 9 |
Clophill Heritage Trust
Trustees' Annual Report for the year ended 30 June 2024
The trustees are pleased to present their annual report for the year ended 30 June 2024.
The financial statements comply with the Charities Act 2011, Companies Act 2006, Accounting and Reporting by Charities; Statement of Recommended Practice (SORP 2015) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2015).
Objectives and Activities
Clophill Heritage Trust’s mission is to support the heritage in the village of Clophill in Bedfordshire and, in particular, the maintenance and positive use of St Mary’s Old Church which is a scheduled ancient monument and grade II* listed building located at the junction of Old Church Path and the Greensand Ridge path. The charity's aim is to create an educational and tourism hub at the Eco Lodges to encourage visitors, especially young people, into the outdoors and to learn about their local heritage, ecology and geology as well as sustainability and traditional crafts.
The Eco Lodges provide accommodation for visitors including walkers and cyclists, those wishing to spend time in the country, and for other visitors to Clophill. The lodges make best use of ecological resources to provide services including borehole water, ground source heat and waste digester.
The trustees have considered the Charity Commission's guidance on Public Benefit to ensure that the organisation is meeting its Public Benefit requirements. Our charity works with many organisations to support local young people needing assistance to move into an independent life. The individuals vary from apprentices to work experience and Duke of Edinburgh Award students.
Achievements and Performance
Our performance between July 2023 and June 2024 has varied. Our bookings reduced over the summer of 2023 and tailed off dramatically over the Autumn and Winter of 2023 as many people were taking advantage of being able to travel abroad after the pandemic. We were aware that this had impacted the hospitality industry across the UK and looked to AHF to help us in early 2024 with a cashflow loan to support us whilst we looked at other revenue streams. We built a relationship with an international school in Turkey, wanting sustainable educational field trips to the UK, and agreed a year long contract with them in March 2024. This contract and the gradual increase of full site hire enquiries and weddings led to a significant improvement in FY result at the end of June 2024.
Our new business officer started some days in March 2024 to ensure a good handover from our longstanding business officer.
We have streamlined our business processes through the implementation of a new channel management package.
Our workshops have been developed over the months to meet the needs of our educational contract. They include sustainability, archaeology and history as well as wellness, arts and culture.
The Trust started a year long Climate and Biodiversity programme with a group from Youth Inspired in Bedford in September 2023. This programme ran for a day a week and has developed their skills and understanding of the countryside and sustainability practices over the seasons. The students completed many projects including designing and developing their own sensory garden on site. All of the young people developed confidence and skills over the period and will complete their year in July 2024.
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Clophill Heritage Trust
Trustees' Annual Report for the year ended 30 June 2024
Financial Review
Total income for the year was £99,144 (2023 £70,032) of which £472 (2023 £500) related to funding for projects upon which restrictions are placed.
Total expenditure for the year was £150,540 (2023 £147,044), leaving a deficit for the year of £51,396 (2023 £77,012).
At 30 June 2024 the charitable company's reserves stood at £435,081 (2023 £486,477) of which £365,109 (2023 £397,231) represented restricted funds.
Risk Management
The Board of Management is aware of the risks that the charity is exposed to, and has undertaken policies to minimise them.
Reserves Policy
It is the policy of the charitable company to maintain unrestricted funds, which are free reserves that allow the charity to continue its activities for two months should no further funding be received.
The free reserves are calculated by deducting the designated funds, which represent the net book value of the unrestricted fixed assets from the unrestricted funds to show those assets that are freely available for the operation of the charity. After deducting the net book value of the assets there is a negative value of free reserves of £156,742. The policy would require there to be free reserves of £25,090 resulting in a shortfall of £181,832.
The trustees are aware of the shortfall and will be working towards building the free reserves over the next few years as well as a sinking fund for repairs.
Plans for Future Periods
The charity has developed the educational side of the business over this financial year. Moving forward we would like to continue to develop our baseline offering of full site hire for groups whilst also supporting the educational contract we have developed over the current financial year with the International school. We would also like to start to redevelop our corporate retreat offering to ensure good business coverage throughout the year.
Our day venue hire for the Hive will continue as a community support service.
Structure, Governance and Management
Clophill Heritage Trust is a charitable company limited by guarantee (registered in England and Wales, No.07280273) incorporated on 10 June 2010 and registered as a charity (No.1138974) on 12 November 2010. The company was established under a Memorandum of Association which established the objects and powers of the company and is governed by its Articles of Association.
Trustees
Three members of the board of Trustees are also the charitable company's Directors; members are elected by Annual General Meetings of the members of the council in accordance with the Articles of Association.
Trustee meetings are held regularly throughout the year.
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Clophill Heritage Trust
Trustees' Annual Report for the year ended 30 June 2024
| Reference and Administrative Details | Reference and Administrative Details |
|---|---|
| Name | Clophill Heritage Trust |
| Company Number | 07280273 |
| Charity Number | 1138974 |
| Directors & Trustees | John Wright |
| Alison Bradbury | |
| David O'Neill | |
| Trustees | Valerie Quinn |
| Sally Oldfield | |
| Kate Gardner | |
| Andrew Gardner | |
| Barry Charman | |
| Valerie Martin | |
| Registered Office | Clophill Eco Lodges |
| Old Church Path | |
| Clophill | |
| Bedfordshire | |
| MK45 4BP | |
| Independent Examiner | Tim Gage MSc FCA DChA |
| 45 Flitwick Road | |
| Ampthill | |
| Bedfordshire | |
| MK45 2NS | |
| Bankers | Barclays Bank plc |
| Thame | |
| Leicestershire | |
| LE87 2BB |
Signed on behalf of the Board of Trustees
Alison Bradbury - Director
Date
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Clophill Heritage Trust Statement of Trustees' Responsibilities
Company law requires the Trustees (three of which are also the directors for the purposes of company law), to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure, for the financial year. In preparing those financial statements, the Trustees should follow best practice and:
-
select suitable accounting policies and then apply them consistently;
-
make judgements and estimates that are reasonable and prudent;
-
prepare the financial statements on the going concern basis unless it is inappropriate to assume
-
that the company will continue on that basis.
The Trustees are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
This report has been prepared in accordance with the 2015 Statement of Recommended Practice: Accounting and Reporting by Charities (issued in July 2014) and in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
By the Order of the Board
Alison Bradbury - Director
Clophill Eco Lodges Old Church Path Clophill Bedfordshire MK45 4BP
Date
5
Independent Examiner's Report to the Trustees of Clophill Heritage Trust For the Year Ended 30th June 2024
I report on the accounts of the company for the year ended 30th June 2024 which are set out on pages 7 to 16.
Respective responsibilities of Trustees and Examiner
The Trustees are responsible for the preparation of the accounts. The Trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
Having satisfied myself that the charity is eligible for independent examination, it is my responsibility to:
-
examine the accounts under section 145 of the 2011 Act;
-
follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
-
state whether particular matters have come to my attention.
Basis of Independent Examiner's Report
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees 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 whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.
Independent Examiner's Statement
In connection with my examination, no matter has come to my attention:
-
1 which gives me reasonable cause to believe that, in any material respect, the requirements:
-
to keep accounting records in accordance with section 130 of the 2011 Act; and
-
to prepare accounts which accord with the accounting records, comply with the accounting
-
requirements of the 2011 Act and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities
have not been met; or
- 2 to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Tim Gage MSc FCA DChA
Date
Sonnet Advisory & Impact C.I.C.
45 Flitwick Road Ampthill Bedfordshire MK45 2NS
6
Clophill Heritage Trust
Statement of Financial Activities Incorporating the Income and Expenditure Account
for the Year Ended 30th June 2024
----- Start of picture text -----
2024 2023
Unrestricted Restricted Total Total
Note Funds Funds Funds Funds
£ £ £ £
Income
Donations
Donations and Legacies 3 101 472 573 775
101 472 573 775
Charitable Activities
Charitable Activities 5 98,217 - 98,217 50,996
-
98,217 98,217 50,996
Other Income
Other Income 4 354 - 354 18,261
Total Income 98,672 472 99,144 70,032
Expenditure
Charitable Activities 6 117,946 32,594 150,540 147,044
Total Expenditure 117,946 32,594 150,540 147,044
Net income / (expenditure) and Movement in Funds (19,274) (32,122) (51,396) (77,012)
Reconciliation of Funds
Total Funds Brought Forward 89,246 397,231 486,477 563,489
Total Funds Carried Forward 69,972 365,109 435,081 486,477
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All of the above results are derived from continuing activities. All gains and losses recognised in the period are included above.
The notes on pages 9 to 16 form part of these financial statements
7
Clophill Heritage Trust Balance Sheet as at 30 June 2024
Company number: 07280273
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2024 2023
Unrestricted Restricted Total Total
Note Funds Funds Funds Funds
£ £ £ £
Fixed Assets
Tangible Fixed Assets 8 226,714 349,009 575,723 627,456
Current Assets
Debtors 9 36,953 - 36,953 12,805
Cash at Bank and in Hand 4,935 16,100 21,035 16,100
Total Current Assets 41,888 16,100 57,988 28,905
Liabilities
Creditors: Amounts Falling Within One Year 10 49,929 - 49,929 32,118
Net Current Assets (8,041) 16,100 8,059 (3,213)
Total Assets less Current Liabilities 218,673 365,109 583,782 624,243
Creditors: Amounts Falling Due After One Year 11 (148,701) - (148,701) (137,766)
69,972 365,109 435,081 486,477
The Funds of the Charity:
Unrestricted Funds 13 (156,742) - (156,742) (157,079)
Designated Funds 13 226,714 - 226,714 246,325
Restricted Funds 13 - 365,109 365,109 397,231
Total Charity Funds 69,972 365,109 435,081 486,477
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For the year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
the members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;
-
the directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting standards and the preparation of the accounts; and
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these accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the Board on ……………………………………. and signed on their behalf by:
Alison Bradbury - Director
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Clophill Heritage Trust
Notes to the financial statements for the year ended 30 June 2024
1. Limited liability
The charitable company is a company limited by guarantee and has no share capital. The liability of each member in the event of winding-up is limited to £10.
2. Accounting policies
(a) Basis of preparation
The accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (SORP 2015) and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS102) (effective 1 January 2015), the Companies Act 2006 and the Charities Act 2011.
The accounts are prepared in sterling, which is the financial currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
The Charity has taken advantage of the provisions in the SORP for Charities applying FRS102 Update Bulletin 1 not to prepare a Statement of Cash flows.
(b) Going concern
At the time of approving the accounts, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the accounts.
(c) Funds
Unrestricted funds are the charity's free reserves for the trustees to apply in accordance with the charitable company's charitable objectives.
Restricted funds are subject to specific restrictive conditions imposed by the donor. All restricted funds are accounted for as restricted income and expenditure for the purpose and are charged to the fund.
(d) Incoming resources
All income is recognised once the charity has entitlement to the income, there is sufficient certainty of receipt and so it is probable that the income will be received, and the amount of income receivable can be measured reliably.
Donations and legacies comprise of donations and general grants which are recognised in the accounts when received, with the exception of known legacies which are accounted for when their receipt is certain.
Income from charitable activities is recognised on an accruals basis except for grants receivable, which are recognised on the date on which their unconditional payment is confirmed by the donor.
Other income relates to compensation orders for damages and was recognised when the amount was certain.
No amounts are included in the financial statements for services donated by volunteers.
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Clophill Heritage Trust
Notes to the financial statements for the year ended 30 June 2024
(e) Resources expended
Liabilities are recognised as soon as there is a legal or constructive obligation committing the charitable company to that expenditure, it is probably that settlement will be required and the amount of the obligation can be measured reliably.
All expenditure is accounted for on an accruals basis. All expenses, including support costs and governance costs, are allocated or apportioned to the applicable expenditure headings in the Statement of Financial Activities. Support and governance costs are applied to unrestricted funds unless specifically included in the restrictions, as specified by the donor.
Expenditure on charitable activities relate to the operation of the charity comprising of direct charitable expenditure to meet the objectives of the charitable company. Support and governance costs relate to the management and operation of the organisation and also compliance with constitutional and statutory requirements in producing the annual report. These are dealt with in the Statement of Financial Activities when payment has been approved by the charitable company.
(f) Fixed assets
Capital expenditure is stated in the balance sheet at cost less accumulated depreciation. Depreciation is provided to write off the cost of each asset over its expected useful life as below:
| Fixtures & fittings | 25% straight line basis |
|---|---|
| Plant & equipment | 25% straight line basis |
| Land | No depreciation charged |
| Freehold property - lodges | 5% straight line basis |
(g) Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
(h) Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
(h) Derecognition of financial liabilities
Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or cancelled.
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Clophill Heritage Trust
Notes to the financial statements for the year ended 30 June 2024
(i) Taxation
Income and gains are exempt from taxation as they are applied for charitable purposes only. The charitable company benefits from various exemptions from taxation afforded by tax legislation and is not liable to corporation tax on income or gains falling within those exemptions.
(j) Critical accounting estimates and judgements
In the application of the charity's accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an on-going basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
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3. Donations and Legacies 2024 2024 2024 2023
£ £ £ £
Unrestricted Restricted Total Total
Donations 101 472 573 775
101 472 573 775
4. Other Income 2024 2024 2024 2023
£ £ £ £
Unrestricted Restricted Total Total
Warden accommodation contribution - - - 1,093
Insurance claim - - - 17,168
Monies received for damage to property 354 - 354 -
354 - 354 18,261
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Clophill Heritage Trust
Notes to the financial statements for the year ended 30 June 2024
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5. Incoming resources from Charitable Activities 2024 2024 2024 2023
£ £ £ £
Unrestricted Restricted Total Total
Event/workshop income 656 - 656 2,696
-
Guest room bookings & breakfasts 56,209 56,209 45,947
Café - - - -
Room hire/activities 953 - 953 831
Tower tours 88 - 88 -
Retail 675 - 675 914
- -
School residential field trips 36,908 36,908
- -
Community training 2,728 2,728
Wedding/celebration income - - - 608
-
98,217 98,217 50,996
6. Total Resources Expended Note 2024 2024 2024 2023
£ £ £ £
Unrestricted Restricted Total Total
To promote conservation, preserve historic building and provide facilities for recreation and leisure time
Direct charitable expenditure:
Staff salary costs 7 27,637 - 27,637 29,484
Activities and event costs 12,534 - 12,534 8,558
-
Booking fees 1,344 1,344 3,259
Repairs and building works 13,214 472 13,686 19,982
Grounds maintenance 1,895 - 1,895 3,585
- - - -
Legal and professional fees
-
Utility costs 6,301 6,301 3,324
Total 62,925 472 63,397 68,192
Support & Governance costs:
Office costs 12,003 - 12,003 3,369
Insurance 5,529 - 5,529 3,913
Telephone and internet costs 713 - 713 1,237
Training - - - 60
-
Cleaning 3,291 3,291 4,057
Advertising and marketing 535 - 535 482
Loan Interest 7,999 - 7,999 7,694
Bank charges 401 - 401 221
-
Accountancy and bookkeeping 3,140 3,140 4,737
Depreciation 21,410 32,122 53,532 53,082
Total 55,021 32,122 87,143 78,852
Total Resources Expended 117,946 32,594 150,540 147,044
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Clophill Heritage Trust
| Clophill Heritage Trust | Clophill Heritage Trust |
|---|---|
| Notes to the financial statements for the year ended 30 June 2024 | |
| 7. Staff costs 2024 2024 2024 2023 £ £ £ £ Unrestricted Restricted Total Total Gross wages and salaries 27,144 - 27,144 28,784 Pensions 493 - 493 700 27,637 - 27,637 29,484 Particulars of employees: 2024 2023 Charitable activities 2 2 Average number of employees during the year, calculated on the basis of full-time equivalents, was as follows: |
2024 2024 2024 2023 |
| £ £ £ £ |
|
| Unrestricted Restricted Total Total |
|
| 27,144 - 27,144 28,784 |
|
| 493 - 493 700 27,637 - 27,637 29,484 |
|
| 2024 2023 |
No employee received emoluments of more than £60,000 during the period.
The trustees are not remunerated for their services and are not included in the above number of employees.
No out of pocket expenses were reimbursed to trustees in the year (2023: £nil).
8. Tangible Fixed Assets
| 8. Tangible Fixed Assets | |
|---|---|
| Cost: Balance at 1 July 2021 Additions in the year Balance at 30 June 2022 Depreciation: Balance at 1 July 2021 Additions in the year Balance at 30 June 2022 Net Book Value: Balance at 30 June 2022 Balance at 30 June 2021 |
Fixtures & Fittings Plant & Equipment Land Freehold Property - Lodges Total £ £ £ £ £ |
| 36,202 319 5,000 1,018,085 1,059,606 1,800 - - 0 1,800 38,002 319 5,000 1,018,085 1,061,406 30,880 319 - 400,951 432,150 2,617 - - 50,916 53,533 33,497 319 - 451,867 485,683 4,505 - 5,000 566,218 575,723 5,322 - 5,000 617,134 627,456 |
All fixed assets were used in the direct charitable activities of the charity.
The Architectural Heritage Fund loan is secured on the freehold property held by the charitable company.
| 9. Debtors Trade Debtors Other Debtors |
2024 2024 2024 2023 |
|---|---|
| £ £ £ £ |
|
| Unrestricted Restricted Total Total |
|
| 30,153 - 30,153 12,173 6,800 - 6,800 632 36,953 - 36,953 12,805 |
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Clophill Heritage Trust
Notes to the financial statements for the year ended 30 June 2024
| 10. Creditors: amounts falling due within one year Bank Overdraft Trade Creditors Accruals Income in Advance Other Creditors Loan from the Architectural Heritage Fund (secured) |
2024 2024 2024 2023 £ £ £ £ Unrestricted Restricted Total Total - - - 5,682 10,892 - 10,892 2,072 1,446 - 1,446 743 27,967 - 27,967 16,728 5,124 - 5,124 2,393 |
|---|---|
| 4,500 - 4,500 4,500 49,929 - 49,929 32,118 |
Several trustees have provided short-term unreserved loans for items not covered by the funding from the Architectural Heritage Fund.
| 11. Creditors: amounts falling due after one year Loan from the Architectural Heritage Fund (secured) - Repayable between 1 to 2 years - Repayable between 2 to 5 years - Repayable over 5 years |
2024 2024 2024 2023 £ £ £ £ Unrestricted Restricted Total Total 4,500 - 4,500 4,500 13,500 - 13,500 13,500 |
|---|---|
| 130,701 - 130,701 119,766 148,701 - 148,701 137,766 |
The Architectural Heritage Fund (AHF) provided a loan of £150,000 to assist with working capital and other requirements in relation to the development of St Marys Old Church, Clophill. An 18 year loan secured on the freehold property at a fixed rate of 5.5% per annum was offered in February 2018 and started in July 2018. The monthly repayments are £1,009 per month under the agreement.
| 12. Funds - movements in the year Restricted Funds Big Lottery Fund Grant - Awards for All English Heritage Rural Development Programme for England The Steel Charitable Trust W F Southall Wixam Tree Trust Groundwork Tesco Clophill Parish Council Central Bedfordshire Ward Councillors Grant Clophill United Charities Unrestricted Funds General Funds Total Funds Central Bedfordshire - Green Infrastructure Planning Obligations |
Balance at Balance at 01/07/2023 Income Expenditure 30/06/2024 |
|---|---|
| £ £ £ £ |
|
| 5,693 - (478) 5,215 30,132 - (2,190) 27,942 226,667 - (18,326) 208,341 101,067 - (8,020) 93,047 8,919 - (760) 8,159 900 - (75) 825 |
|
| 21,578 - (1,536) 20,042 650 - (50) 600 750 - (250) 500 375 - (187) 188 |
|
| 500 - (250) 250 |
|
| 397,231 0 (32,122) 365,109 |
|
| 89,246 98,672 (117,946) 69,972 |
|
| 486,477 98,672 (150,068) 435,081 |
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Clophill Heritage Trust
Notes to the financial statements for the year ended 30 June 2024
Description of Restricted Funds
These are funds to be spent at the discretion of the Board of Trustees for specific charitable purposes, see below.
Big Lottery Fund Grant - Awards for All
To fund the alarm, lights and CCTV system at the Old Church.
Central Bedfordshire - Green Infrastructure Planning Obligations
Funding to upgrade the educational and community Eco Lodge's facilities for regional learning around landscape, heritage, sustainability and biodiversity. The funding also enabled the replacement of a laurel hedge with native hedging.
English Heritage
Funds received to complete the consolidation work to the fabric of the old church monument, security and infrastructure works and to enable Clophill Heritage Trust build capacity in heritage learning.
Rural Development Programme for England
Funded through Department for Environment Food & Rural Affairs for the Greensand Ridge Local Action Group to promote tourism and green installations. Funded the eco lodges fabric (groundwork, foundations, steel underframe and wooden structures with roofs).
The Steel Charitable Trust
Regional Charitable Trust which funded the plant room and initial electrical fix. A second grant funded an assistant warden to enable us to support educational activities.
W F Southall
Regional Quaker fund focusing on the environment and conservation which helped with the warden's lodge fit out.
Wixam Tree Trust
A Bedfordshire charity supporting regional organisations like Clophill Heritage Trust. The Wixam Tree Trust significantly contributed to our water abstraction installation. In 2019 The Wixam Tree Trust contributed towards the creation of a new reception.
Groundwork Tesco
A Tesco Bags for Help Scheme grant was received to create an educational garden.
Clophill Parish Council
The Parish Council gave the Trust grants for faculty costs for the churchyard notifications, storage shed and a new canopy and for the installation of CCTV.
Architectural Heritage Fund
This funding came from the government's Cultural Recovery Fund and this will allow the Trust to revise the business plan and create a marketing strategy including a revamp of the eco lodges.
Central Bedfordshire Ward Councillors
We received £750 in Oct 2021 through Mark Smith (CBC Ward Councillor) towards the CCTV upgrade work
Clophill United Charities
We received £1,000 in Nov 2021 from Clophill United Charities towards the CCTV upgrade work.
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Clophill Heritage Trust
Notes to the financial statements for the year ended 30 June 2024
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13. Analysis of net assets between funds 2024 2025 2026 2027 2023
£ £ £ £ £
Unrestricted Designated Restricted Total Total
Fund balances as at 30 June 2024 are represented by:
Fixed assets - 226,714 349,009 575,723 627,456
Current assets 41,888 - 16,100 57,988 28,905
- -
Creditors: amounts falling due within one year (49,929) (49,929) (32,118)
- -
Creditors: amounts falling due after one year (148,701) (148,701) (137,766)
(156,742) 226,714 365,109 435,081 486,477
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14. Operating lease commitments
The only financial commitments under non-cancellable operating leases will result in the payment of a peppercorn, being the annual sum due under a 125 year lease with Central Bedfordshire Council dated 2013.
15. Guarantees
As at 30 June, 9 members had given a guarantee limited to £10 each in the event of the company winding-up. Total £90 (2023: 9 members £90).
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