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CLOPHILL HERITAGE TRUST
ANNUAL REPORT & FINANCIAL STATEMENTS FOR YEAR ENDED 30 JUNE 2025
Company Number: 07280273 Charity Number: 1138974
Clophill Heritage Trust
Trustees' Annual Report for the year ended 30 June 2025
CONTENTS
| Page | |
|---|---|
| Trustees' Annual Report | 2 |
| Statement ofTrustees' Responsibilities | 5 |
| Independent Examiner's Report | 6 |
| Statement of Financial Activities | 7 |
| Balance Sheet | 8 |
| NotestotheFinancialStatements | 9 |
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Clophill Heritage Trust
Trustees' Annual Report for the year ended 30 June 2025
The trustees are pleased to present their annual report for the year ended 30 June 2025.
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(effectiveaccordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) 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 Theinservicesthe country,includingincludi and boreholefor other water,visitors groundto Clophill. source heatThe and wastelodges make digester.i best use of ecological resources to provide 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 The hospitality sector has begun to improve over the year with more people looking for gathering facilities in the area the combination of this and our International School contract has assisted the charities performance through the year. In January 2025, the Charity‘ took the strategic; decisiona to sell the Eco Lodges element of the Clophilli Heritage Trust. This step ensures that we can direct our resources, capacity, and energy toward our core charitable aims and objectives. Our vendor brought the opportunity to market in Spring 2025, generating an unprecedented level of interest from potential buyers. The sales process is now progressing positively with our preferred supportingpurchaser. allOperationsfuture bookingsat the andEcofurtherLodges developing thecontinue as normal,business.and the incoming owner has committed to
Alongside this work, from Summer 2024 through to early Summer 2025, we delivered a wide range of heritage, sustainability, and ecology sessions. These involved local special-needs providers as well as international schools, strengthening our outreach and deepening our impact across diverse communities.
at . PG p aig¥ q Clophill Heritage Trust ‘ Trustees’ Annual Repo! me Financial Review a Total income for the y' na projects upon which reg sean Total expenditure fort e £51,396). Ta At 30 June 2025 the c nie j (2024 £365,109) repres car i Risk Management eee The Board of Managem t's j 7 ise them a iat mininuee nem. 4 : Reserves Policy deg : It is the policy of the Keigeaoe 4 e©is Thethe charity to free reserves are ca continuei “fens H unrestricted fixed asset &4 ae operation of the charity ea £ reserves of £161,773. TI ‘ier : £194,197. oF , vi) | The trustees are aware 2 9 | a few years as well as a si evra: EF a on A Plans for Future Periods| tei Sanataoe ;Fe Thewouldcharitylike tohascontinuedevelop}t pan K duéational contract W i Ed © id also like to star haat i woud aoe : © . a=) ‘3 TEUENOUSOur day venuetoe veerhire for tl re he Structure, Governance HE: b Clophill Heritage Trust 4 - we No.07280273) incorpor: a ES The company was estab] se i of the company and is g cot Te Trustees Sata Three members of the b} po s ky Annual General Meetin: aad Se Trustee meetings are he
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=a ad i Clophill Heritage Ti bl Trustees' An 7 a P Agey3zi Reference andnual AdministrativeReporter for. the De as Name ft rag Company Number 4 € Charity Number Directors & Trustees 4 Fi | uw 1! ; Trustees 4 ] fi | ‘@ | 8 \ Y Registered Office ( i q q : 1 N % Independent Examiner 1 4 Ps A : B F uJ m4 f Bankers B a Tl i L i L i 4 A Signed on behalf of the Board ofTru H : q s WS SIMD SM ance, AOE.NR ison Bradbury - Direct | _AELO8(2026 Seager oni
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Clophill Heritage Trust Trustees' Annual Report for the year ended 30 June 2025
Financial Review
Total income for the year was £136,278 (2024 £99,144) of which £8,539 (2024 £472) related to funding for projects upon which restrictions are placed.
Total expenditure for the year was £194,542 (2024 £150,540), leaving a deficit: for the year of £58,264 (2024 £51,396).
At 30 June 2025 the charitable company's reserves stood at £376,817 (2024 £435,081) of which £332,986 (2024 £365,109) 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 £161,773. The policy would require there to be free reserves of £32,424 resulting in a shortfall of £194,197.
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
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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
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Trustees’ Annual Report for the year ended 30 June 2025
Reference and Administrative Details
Name Clophill Heritage Trust Company Number 07280273 Charity Number 1138974 Directors & Trustees John Wright - resigned as director 20/09/2024 Alison Bradbury David O'Neill Andrew Gardner - appointed as director 20/09/2024 Trustees Valerie Quinn Sally Oldfield Kate Gardner - resigned as trustee 08/01/2025 Barry Charman Valerie Martin - resigned as trustee 14/11/2024 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
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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:
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select suitable accounting policies and then apply them consistently;
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make judgements and estimates that are reasonable and prudent;
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prepare the financial statements on the going concern basis unless it is inappropriate to assume
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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
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Clophill Eco Lodges
Old Church Path Clophill Bedfordshire MK45 4BP
Date PILE ILLS!
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Independent Examiner's Report to the Trustees of
For theClophill Year EndedHeritage 30th JuneTrust 2025
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| report on the accounts of the company for the year ended 30th June 2025 which are set out on pages Tto 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:
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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
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state whether particular matters have come to my attention.
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Basis of Independentp Examiner's ReportPp
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'soy 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 Sonnet Advisory & Impact C.1.C. 45 Flitwick Road
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Date
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Ampthill
Bedfordshire MK45 2NS
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HeritageClophill: : Trust
Statement of Financial Acti}
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Clophill Heritage Trust
Statement of Financial Activities Incorporating the Income and Expenditure Account for the Year Ended 30th June 2025
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||||||||
|---|---|---|---|---|---|---|
|2025|2024|
|Unrestricted|||Restricted|Total|Total|
|Note|Funds|Funds|Funds|Funds|
|£|£|
|Income|
|Donations|
|Donations|and|Legacies|3|321|573|
|321|321|573|
|Charitable|Activities|
|Charitable|Activities|5|125,082|125,082|98,217|
|125,082|125,082|98,217|
|Other|Income|
|Other|Income|4|2,336|10,875|354|
|Total Income|127,739||136,278|99,144|
|Expenditure|
|Charitable|Activities|6|153,880|40,662|150,540|
|Total Expenditure|153,880|40,662 cae|150,540|
|Net income / (expenditure)|and Movement in|Funds|(26,141)|(32,123)|(58,264)|(51,396)|
|Reconciliation|of|Funds|
|Total|Funds Brought|Forward|69,972|365,109|435,081|486,477|
|Total|Funds Carried|Forward|43,831|332,986|376,817|435,081|
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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
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Company number: 07280273
Clophill Heritage Trust
Balance Sheet as at 30 June 2025
| 2025 | 2024 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | |||
| Note | Funds | Funds | Funds | Funds | |
| £ | £: | £ | £ | ||
| Fixed Assets | |||||
| Tangible Fixed Assets | 8 | 205,604 | 316,886 | 522,490 | 575,723 |
| Current Assets | |||||
| Debtors | 9 | 22,767 | - | 22,767 | 36,953 |
| Cash at Bank and in Hand | 3,261 | 16,100 | 19,361 | 21,035 | |
| Total Current Assets | 26,028 | 16,100 | 42,128 | 57,988 | |
| Liabilities | |||||
| Creditors: Amounts Falling Within OneYear | 10 | 42,359 | - | 42,359 | 49,929 |
| NetCurrentAssets | (16,331) | 16,100 | (231) | 8,059 | |
| Total Assets less Current Liabilities | 189,273 | 332,986 | 522,259 | 583,782 | |
| Creditors:Amounts Falling DueAfterOneYear | 11 | (145,442) | - | (145,442) | (148,701) |
| 43,831 | 332,986 | 376,817 | 435,081 | ||
| The Funds ofthe Charity: | |||||
| Unrestricted Funds | 13 | (161,773) | - | (161,773) | (156,742) |
| Designated Funds | 13 | 205,604 | - | 205,604 | 226,714 |
| Restricted Funds | 13 | - | 332,986 | 332,986 | 365,109 |
| TotalCharityFunds | 332,986 | 376,817 | 435,081 |
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:
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the members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;
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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 203/026... and signed on their behalf by:
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‘Alisof Bradbury - Director
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Clophill Heritage Trust
Notes to the financial statements for the year ended 30 June 2025
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 2025
(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 2025
(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.
| 3. Donations and Legacies | 2025 | 2025 | 2025 | 2024 |
|---|---|---|---|---|
| £ | £ | £ | £ | |
| Unrestricted | Restricted | Total | Total | |
| Donations | 321 | - | 321 | 573 |
| 321 | - | 321 | 573 | |
| 4. Other Income | 2025 | 2025 | 2025 | 2024 |
| £ | £ | £ | £ | |
| Unrestricted —Restricted | Total | Total | ||
| Grants | - | 8,539 | 8,539 | - |
| Compensation from UK Power Network | 1,645 | - | 1,645 | - |
| Monies received for damage to property | 691 | - | 691 | 354 |
| 2,336 | 8,539 | 10,875 | 354 |
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Clophill Heritage Trust
Notes to the financial statements for the year ended 30 June 2025
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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|5.|Incoming|resources from|Charitable|Activities|2025|2025|2025|2024|
|£|£|£|£|
|Unrestricted|Restricted|Total|Total|
|Event/workshop|income|3,758|-|3,758|656|
|Guest|room|bookings|&|breakfasts|34,406|-|34,406|56,209|
|Room|hire/activities|1,101|-|1,101|953|
|Tower|tours|66|-|66|88|
|Retail|594|-|594|675|
|School|residential|field|trips|73,568|-|73,568|36,908|
|Community|training|88|-|88|2,728|
|Wedding/celebration|income|11,500|-|11,500|
|125,082|-|125,082|98,217|
|6.|Total|Resources|Expended|Note|2025|2025|2025|2024|
|£|£|£|£|
|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|23,768|-|23,768|27,637|
|Activities|and|event|costs|20,446|-|20,446|12,534|
|Booking|fees|3,435|.|3,435|1,344|
|Repairs|and|building|works|31,383|7,263|38,646|13,686|
|Grounds|maintenance|4,725|1,276|6,001|1,895|
|Legal|and|professional|fees|2,480|-|2,480|-|
|Utility|costs|5,027|-|5,027|6,301|
|Total|91,264|8,539|99,803|63,397|
|Support|&|Governance|costs:|
|Office|costs|17,077|-|17,077|12,003|
|Insurance|6,044|;|6,044|5,529|
|Telephone|and|internet|costs|956|-|956|713|
|Training|165|-|165|.|
|Cleaning|4,111|=|4,111|3,291|
|Advertising|and|marketing|470|-|470|535|
|Loan|Interest|8,269|5|8,269|7,999|
|Bank|charges|647|-|647|401|
|Accountancy|and|bookkeeping|3,364|~|3,364|3,140|
|Depreciation|21,513|32,123|53,636|53,532|
|Total|62,616|32,123|94,739|87,143|
|Total Resources Expended|153,380|40,662|194,542|150,540|
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Clophill Heritage Trust
Notes to the financial statements for the year ended 30 June 2025
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|---|---|---|---|---|---|
|7.|Staff costs|2025|2025|2025|2024|
|£|£|£|£|
|Unrestricted|Restricted|Total|Total|
|Gross wages and salaries|23,288|-|23,288|27,144|
|Pensions|480|2|480|493|
|23,768|-|23,768|27,637|
|iad|
|Particulars|of employees:|2025|2024|
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Average number of employees during the year, calculated on the basis of full-time equivalents, was as follows: Charitable activities 2 : SNe
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 (2024: £nil). 8. Tangible Fixed Assets
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|---|---|---|---|---|---|---|---|---|---|---|
|Fixtures &|Plant &|Land|Freehold|Total|
|Fittings|Equipment|Property|-|
|Lodges|
|£|£|£|£|£|
|Cost:|
|Balance|at|1 July 2024|38,002|319|5,000|1,018,085|1,061,406|
|Additions|in|the year|403|-|.|-|403|
|Balance|at|30 June|2025|38,405|319|5,000|1,018,085|1,061,809|
|Depreciation:|
|Balance|at|1 July 2024|33,497|319|-|451,867|485,683|
|Additions|in the year|2,720|-|-|50,916|53,636|
|Balance|at 30 June 2025|36,217|319|-|502,783|539,319|
|Net|Book|Value:|
|Balance|at 30 June 2025|2,188|-|5,000|515,302|522,490|
|Balance|at 30 June|2024|4,505|-|5,000|566,218|575,723|
|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|2025|2025|2025|2024|
|£|£|£|£|
|Unrestricted|Restricted|Total|Total|
|Trade|Debtors|21,421|-|21,421|30,153|
|Other|Debtors|1,346|-|1,346|6,800|
|22,767|-|22,767|36,953|
|—— el|
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Clophill Heritage Trust
Notes to the financial statements for the year ended 30 June 2025
| 10. Creditors: amounts falling due within oneyear | 2025 | 2025 | 2025 | 2025 | 2024 | |
|---|---|---|---|---|---|---|
| £ | £ | £ | £ | |||
| Unrestricted | —_Restricted | Total | Total | |||
| Bank Overdraft | - | 2 | - | - | ||
| Trade Creditors | 1,396 | - | 1,396 | 10,892 | ||
| Accruals | 1,376 | - | 1,376 | 1,446 | ||
| Income inAdvance | 29,842 | - | 29,842 | 27,967 | ||
| Other Creditors | 5,845 | - | 5,845 | 5,124 | ||
| Loan from the Architectural Heritage Fund (secured) | 3,900 | - | 3,900 | 4,500 | ||
| Several trustees have provided short-term unreserved loans | for items not covered | by the funding from the | ||||
| Architectural Heritage Fund. | ||||||
| 11. Creditors: amountsfallingdue afterone year | 2025 | 2025 | 2025 | 2024 | ||
| £ | £ | £ | £ | |||
| Unrestricted | _—Restricted | Total | Total | |||
| Loan from the Architectural Heritage Fund (secured) | ||||||
| - Repayable between1 to 2years | 3,900 | - | 3,900 | 4,500 | ||
| - Repayable between 2 to 5 years | 11,700 | - | 11,700 | 13,500 | ||
| - Repayable over 5 years | 129,842 | - | 129,842 | 130,701 | ||
| 145,442 | - | 145,442 | 148,701 | |||
| 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 theyear | Balance at | Balance at | ||||
| 01/07/2024 £ |
Income | Expenditure £ £ |
30/06/2025 £ |
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| Restricted Funds | ||||||
| Big Lottery Fund Grant -Awardsfor All | 5,215 | - | (478) | 4,737 | ||
| Central Bedfordshire - Green Infrastructure Planning | ||||||
| Obligations | 27,942 | - | (2,190) | 25,752 | ||
| English Heritage | 208,341 | - | (18,326) | 190,015 | ||
| Rural Development Programme for England | 93,047 | - | (8,020) | 85,027 | ||
| The Steel Charitable Trust | 8,159 | - | (760) | 7,399 | ||
| WF Southall | 825 | - | (75) | 750 | ||
| Wixam Tree Trust | 20,042 | - | (1,536) | 18,506 | ||
| Groundwork Tesco | 600 | - | (50) | 550 | ||
| Clophill Parish Council | 500 | - | (250) | 250 | ||
| Central BedfordshireWard Councillors Grant | 188 | 544 | (732) | 3 | ||
| Clophill United Charities | 250 | - | (250) | |||
| Central Bedfordshire Business Scholarship Programme | - | 7,995 | (7,995) | - | ||
| 365,109 | 8,539 | (40,662) | 332,986 | |||
| Unrestricted Funds | ||||||
| General Funds | 69,972 | 127,739 | (153,880) | 43,831 | ||
| TotalFunds | 435,081 | 136,278 | (194,542) | 376,817 |
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Clophill Heritage Trust | Notes to the financial statements for the year ended 30 June 2025
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.
WF 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, for the installation of CCTV and a new door for the community lodge.
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.
Central Bedfordshire Council Business
We received £4,046 from the Central Bedfordshire Council Business Scholarship Programme Grant Scheme towards the heat exchange tank and £3,949 towards the balcony refurbishment.
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Clophill Heritage Trust
Notes to the financial statements for the year ended 30 June 2025
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|---|---|---|---|---|---|---|---|---|---|---|---|
|13.|Analysis|of|net|assets|between|funds|2025|2025|2025|2025|2024|
|£|£|£|£|£|
|Unrestricted|Designated|_|Restricted|Total|Total|
|Fund|balances|as|at|30 June|2024|are|represented|by:|
|Fixed|assets|.|205,604|316,886|522,490|575,723|
|Current|assets|26,028|-|16,100|42,128|57,988|
|Creditors:|amounts|falling|due|within|one|year|(42,359)|.|-|(42,359)|(49,929)|
|Creditors:|amounts falling|due afterone|year|(145,44-|=|——s«*(|2|45,442)),(148,701)|
|PE|(161,773)Nasal|iin)|CN|205,604af an|332,986lah A|376,817=|ct435,081Scat|
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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 (2024: 9 members £90).
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