Company Number 06604482 Charity Number 1140334 The House of Fairy Tales (A company limited by guarantee) Report and Accounts 31 December 2023
The House of Fairy Tales Report and Accounts Contfjnts Page Trustees. Report Accounlanls, report Ststemenl of Flnancial Activities 1106 Balance Sheet Notes lo the Accounts 101017
The House of Falry Tales Trustees. Report Including Directors, Report ursder Companies Act 2006 The Iruslees present their annual report together with the financial statements of The Hous6 of Fairy Tales (the 'Charilll for the year ended 31 December 2023. The annual report serves the purposes of both a IrusteÉs' report and a directors, report under company law. The Iruslees conlimi that Ihp annual report and financial statements of the charitable company comply with the currenl stalulory requirements, the requireTllenl8 of the chariiable cornpanls governing document and tho provisions of the Statement of Recommendgd Practice (SORFI applicable lo charities preparlng their accounts in aOrdanCe with th& Financial Reporting Standard applicable in the UK and Republlc of Ireland IFRS1021 (effective 1 January 20191. Slnce the Ch8rily quallfies as small under section 382 of the Companies Act 2006, the Strategic Raport required of medium and large companie5 under tha Companios Act 20U6 (Strategic Rgport and Directors, Report) Regulations 2013 has been omitted. Company detalls Reglstralion Company Number 06604482 Charity Number 1140334 Govemlng document The House of Fairy Tales is a company limlted by guarante8, and as a registered charity and is governed by lis Memorandum and Articl&s of Association dated 28 May 21)D8. Regislered office 28 Bldder Street. London E16 4ST Bankers Coults & Co. Independent Examlner Mr A PalfTey Hogbens Dunphy Ltd 104-108 Oxforl St, London W1 D 1LP Dlrectors and trustees J Oembo S Ginda V Havell S Hopper I Rosen Hunt G Turk R Wadhams None of the trustees has any beneficial Interest in the Charity. All of the trustees are members of the company and guarantee to contribute £1 in the event of a winding up.
The House of Falry Tales Trustees. Report Including Directors, Report under Companies Act 2006 Charltable objective The principal object of the Charity Is lo inspire a love of learning and creativity in children, acting as a calalysl lo transform Individuals, communities and inslilulions. Tho Charity advances the educalitsn of chlldren. teenagers and adults In England and Wales by delivering Gfoss-curricular learning programmès and aclivilies and by produclng, exploring andlor commissioning innovative ways of leaching children, teenagers and adults (including through play and diffarent art forms). The House of Fairy Tal&s works wllh artists and cre8tlves lo inspire learning, ethical ¢S1izenship and crealimly in children across a number of plafforms including theatrical events. exhibitions, schwls workshops, publishing and advocacy. Activity planning and publlc benefll The Chariws activities have been dasign&d to deliver ben81ils in accordance with Ils objectives. Our activities have b6en reviewed through the year, referring lo the Charilios Commission's guidance on public bènefit so as to ensure that ¢)ur work complies with Ihose requirements. Activities, achievemgnts and performance This was a year ol piloting for The Great Imagining. We tried and lesled ideas in a localised way Including Universlty Courses, community spaces, a revival of Earth Day, and new fundralsing pursuits. We worked with a network of artlsls, 8xperts and cultural 108ders, whilst off&ring work experlence opportunities to young people. We began the year with planning for Earth Day 2023, SLEPPOrting 5 pilot events wllh partners in Bath, Bristol, Exeter, Ksmpala (Ugandal and Rochdale. Our partners in ea¢h location ran weekend-long events in their community cenlres and spaces which used arts practices to explore local issues including biodivèrsity, reuslng malerlafs, species protection, and inledlnking these belwegn the locations. From these Earth Day gatherings came an offshoot of The Great Imaglnlng. called The Great Imagining Africa, run by the AfricBn Vlsual Artlsts Associa18. Thls development has benefited our communities both in th8 UK and in Uganda. sharing laainlng resourcos, ideas. experiornces and avènt materlals. The organlsalion allended the Afri¢an Climale Summll and reported on their 1É8rnings for our sister newspaper, Th8 Great Imagining Africa Newspaper. Our own newspapor was published in June and 3000 wpl95 wenl into classrooms, universities, inslilulions, libraries and youth groups 2nd homes all around the UK as well as in Germany, Sweden. France, Uganda. Brazil and further alleld. The 64-page nawspaper explored the future Df 32 induslries through conlribulions from artists, exports and young people. The Great Imagining core team produced th8 newspaper 8nd worked as editors, interviewing experts and liaising with a nofvlork of cullural leaders. The newspapei also allowed us to bulld Ihegrealimagining.earlh, our olIne inleractlve library of materlals which Is where we re1ve article submissions from pèople of all ag8S. The Earih Day Pllols also birthed a relationship with the Rochdale Science Inilialive. an organisalion bringing STEM education lo the Rochdale community. As well as particlpaling in th6 organisalion's annu81 gathering, we also celebraleil Eld with an inlerfallh climate emergency panel dlscussion with a 100-slrong audience at the Bangladeshi Association Community Space.
The House of Falry Tales Trustees. Report Including Directors, Report under Companies Acl 2006 Activltles. achlevemènts and performance Icontlnued} We also piloted a univeTsIty course al the London College of Fashlon IUALI on the Fashlon Communication IBAI course. Sludents altended workshops and lecluros by The Great Imagining, as well as designing Greener FaireT Wi56r exhibitions as part of thglr flnal projects. At the Fesllval of Education at Welllnglon, our team Icx)ked at the intersection between our work and the 8du¢ation system - speciflcally the gaps In the curriculum that need filllng with beller resouTces al Ihls lime of dimale and ecological emergency and transformation. Inspired by this, we began planning education programs with schools In the Cannock Chase area. We d8veloped 8 relationship with the Cannock Chase Council, allomng us to work directly with tho yCAJng people in tha Cannock, Hednesford and Rugeley areas. As part of our fundralsing practlces, we partnered with the peallands protectlon organisalion Re-Peat to run a supper club al our studios. This Contributed to informing and building our Community of supporters whilsl raising mon8y through donations on th8 evening. To close the year. we held a five-week residency where we opened a communlty space in Slrattord, East London. Over that lime, the local Slrallord community transformecl an ex-sainsbury's into a hub of discussion, film screenings, storytelling, a freg shop. workshops, educ81ion, carbon Illeracy, medil8lion, music and anliclpation for Ihg future. The empty Spa¢8 was filled with artworks, ideas and creations by the lime the residency ended, and was ev¢denc8 for the communitls need for a hub-s19 Iroe space op6n to everyone. Partnerships Included.. UAL,. waterbear.. Royal SchoDI of Needlework-. Cannock Chase Council,. Re- PeaL Transform Our World., Mlnislry of Eco Education,. AVIAS,. House of Imaginallon- Step Into The Amazon,. Exeter Climat8 Hub., Handsworth Association of Schools. Donation5 included.. Mark Leonard TrusL Live Slock Market.. Alexa Easterby, Foran Ltd.. Charities Aid Founda1tr- Caewlin Thynn. The twstees are grateful to all donors for their generous conlrfbulions received during the year.
The House of Fairy Tales Trustees. Report Including Directors. Report under Companies Act 2006 Flnanclal revlgw Durlng the year under revi8w the Charills income was £116,09812022.' £42,610). Total expenditure was £107,31312022'. £32,679} and the surplus for the year was £8,785 {2022= £9,931 surplus). The Charity's cash reservgs al the balance sh8et dato were £17,756 (2022: £4,354) and lolal unrtsslricled r6serves were £51,72412022.. £42,939). All Income and expenditure during this and the previous year was unreslricled. Rocrultment and appointment of ngw trusteès The management of the Charity És the responsibility of the Iruslees who are elected and co-opted under the terms of the Memorandum and Articles of Association. Existing Iruslees brief new trustees on the Chartlls aim and oblectives. They are given a copy of the Memorandum and Articles of Association along wllh the latest ac¢ounls. They are also glven literature about the Charity and directed towards the Charity's webslte. They are also sent a copy of tha Charity Commission's guideline8 for Irusl&es which wll help them lo fulfil Ihelr role in line wllh charity and company law. Rolated party relationshlps The Charity has considered the disdosLJre requirements of the SORP for ielaled party rglallDnships. The Charity has no related paty connections with individuals or other organisalions. The trustees considgr that the members of the Trustees, Committee and their close connections lo be the only r&laled parties of the Charity. Al Iruste6s give their time voluntarily and receive no benefits from the Charity of any kind. No expensas were claimed from th8 Charlly by any trustees in the current y8ar. Trustees are rèquired to disclose all relevant interests and register them with tha TruslBes' Committee and to withdraw from decistons where a confiict of inleresl arises. The Charlly has no political or rellgious affiliations. Risk management Th& Iruslees have assessed the major risks lo which the Ch8rity is axwsed. in particular those related lo the operations and finances of th8 Charity, and are satisfied that systems and procedures ara in place lo miligale exposure to the major risk8. Reserves pollcy The Iruslees have adopted a policy Ihal. where possible. a general fund cash reserve will be maintained. Cash reseNès for this year amounls to £17.766, whi¢h adequately covers the Charills reserves policy criteria and provldes a cushion for seasonal cash flow fluclualions that impact the organisalion from lime lo lime commilm&nts. Th8 level of resvrves is ccinsidered appropriate gwen the nature of the in¢ome.11 will allow continued financial support lo organlsations in the short term and this will allow other fomis of fund-ralslng lo be consid8Ted.
The House of Falry Tales Trustees. Report Including Directors, Report under Companies Act 2006 Golng concern After making appropriate enquirias. the Iruslees have a roasorlable expectation that Ihe Charity h8S ad8quate resources to continue in operational existence for the foreseeable futur&. For this reason, thay continue ID adopt the going concem basls in pparIng the financial $181ements. Further details regardlng the adoption of th& going concern basis can be found in the Accounting Policies. Statement of Trust89 responslbllities The Charity's Iruslees, some who are also the direclors under company law, are responsible for preparing the Trustees. Report and the accounts in accordancè with appllcable law and United Kingdom Accounting Standards (United Kingdom Generally Accopled Accounting Praclicel. Company law requires the Charittys trustees to prgpare accounts for each year which glve a true and fair vièw of the stale of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing the accounts. the trustees are required lo-. select suitable accounting policies and then apply them wnslstenlly., observe the methods and principles in the Charities SORP. make jud9&menls ancl estimates that are reasonab19 and pmdenl., stste wh8ther applicable UK accounting standards have been followed. sublecl lo any matèrial departures dlsclosed and explained in the financial statements., prepar8 the financlal slalernents on the going concern basis unless il is inappropriate to presume that the Charity will continue In business. The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy al any time the financial posiliori of the Charity and lo enable th8m to ensure that th& accounts comply with the Companies Act 2006 and the Charities Act 2011. They are asso responsible for safeguarding Ihe assets of the Charlty and hence taking reason8bl8 slep8 for the prevention and detection ol fraud and other irregularities. Th8 Iruslees are responsible for the maintenance and integrity of the corporat8 and financial Informatlon on the charitable companls webslte and liled wilh the Charity Commission. statamont as to dlsclosurÈ to our Independent examlnor In so far as the Iruslees are aware al the lime of approving this annual report., there is no relevant inlormalk)n needed by the independent examinar In connection with preparing Ihair report, of which they are unaware, and The Iruslees have each laken all necessary steps in preparing their report and accounts lo become 8ware of any relevant information, and lo ensure that the Indep8ndent examiner is awar8 of that inform81ion.
The House of Falry Tales Trustees, Report Including Directors, Report under Companies Act 2006 Small company provlsions This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable lo companios subiecl lo the small companies regim8. This report was approved by the Board of Trustees on 101912024 and signed on its behalf. G Turk Trusl¢e and Director
Independent Examiner's Report to the trustees of The House of Fairy Tales I report to the Iruslees on my examination of the unaudited accounts of tho charitable company for the year ended 31 December 2023 which are s81 out on pages 8 10 17. Re5ponslbilities and basi5 of roport As the Charity trustees of the company {and also its dSreclDrs for the purposes of company lawl you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 20111.the 2011 Act l. Having satisfied myself that the accounts of the company are not required to b8 audited under Part 16 of the 2006 Act and are eligible for ind8pendenl examination. I report in respect of my examination of your companls accounts as carri&d out under section 145 of the Charities Act 2011 I'the 2011 Acl'l. In carrying out my examination I have followed the directions given by th& Charity Commission under section 14515)Ibl of Ihe 2011 Act. An independent examination does not involve gathering all the evidenco that would be requlred in an audit and consequently does not cover all the matters that an auditor considers in giving their opinion on the accounts. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide. Consequently l express no opinion as to whether the accounts present a 'lrue and fair. view and my report is limited to those specific matters set out in the independent examlner's stslemenl. Independent axaminer's statement I have completed my examination. I confirm that no matters have come lo my attention In connectlon with the examination giving me cause lo believe that in any material respect.. the accounting records were not kept in accordance with section 130 of the 2011 Act., or the accounts do not accord with those records., or the accounts did not comply with the applicable requlremenls con¢erning the form and content of accounts sel out in the Charities {Ac¢ounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'lrue and fair, view which is not a matter eonsideTed as part of an independent examination. I have no concerns and have come across no other mallers in connection wth the examinaliDn lo which attention should be drawn in this report in order lo enable a proper understanding of the accounts to be reached. This report is made solely lo the Charills trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has b8en undertaken so that I might slate to the Charity's trustees those mallers l am required lo slate lo them in an independ8nl examiner's report and for no other purpose. To the fullest exlenl permitted by law, I do not accept or assume responsibility lo anyone other than the ChaTilable company and the Charit¥s Iruslees as a body. for my work or for this r8port. Mr A Palfrey Hogbens Dunphy Ltd 104-108 Oxford Sl, London W1 D 1LP 04 July 2024
The House of Fairy Tales Statement of Financial Activities lincoiporaling Income and Expandilure Ac¢ount} for the year ended 31 December 2023 2023 2022 Notes Unrostrlcted Unr051ricled Income Donations and legacies Income from charitable a¢liw15e8 109,992 6,106 42,610 Total Income 116.098 42,610 Expènditure Charitable activities Support Costs 195.715) 111,598) {26,3081 16,3711 Total expenditure 107.313 32.679 Nèt Income 8,785 9,931 Net movement in funds 8,785 9,931 Reconelllation of funds Totsl funds brought forward 42,939 33,008 Total funds carried forward 51,724 42.939 The notes fomi an integral part of these ac¢gunts.
The House of Fairy Tale5 Registered number: Balance Sheet as at 31 December 2023 06604485 Notes 2023 2022 Fixgd assets Tanglble assets 1.454 1,454 708 708 Current a$satS Stocks Debtors Cash al bank and in hand 36,310 8,236 17,756 62,302 39,026 2.607 4.354 45.987 Creditors: amounts falling duè withln one year 10 112,0321 13,7561 Net currant a55ets 50,270 42.231 Net ass¥t$ 51,724 42,939 The funds ofthe Charlty Unrestricted income funds-. General funds 12 51,724 42,939 Total Charlty funds 51,724 42,939 The directors are satisfied that the charltabl8 company is enlilled to exemption from the Yequlrement lo obtain an audit under section 477 of the Companies Act 2006. The mèmbers have not required the company to obtsin an audit in aordanCe wlth section 476 of the Act. The directors acknowledge their responsibilities for cOmplng with Ihe requiremenls of the Companies Act 2006 with respocl lo accounting records and the prepafalion of accounts. The accounts have bean prepaTOd and delivered in accordanc8 Wlth the special provisions applicable to companies SLJbjecl to the small companies regime. The profit and loss account has not been d81ivered lo th8 Registrar of Companies. The notes form an integral part of these 8Gcounls. G Turk Director Approved by the board on 101912024
The House of Fairy Tales Notes to the Accounts for the year ended 31 De¢embor 2023 1 Ac¢ountSng pollcles Company Informatlon Thw House of Fairy Tal85 is 8 charitable company Ilmiled by guarantee registered in England with reglstralion number 06604482 tharity number 1140334. Ils r8gislered office address is 28 Bidder Street, London. E16 4ST. In the gvenl of the ChaTily being wound up, the liability in rospecl of the guarantee is limited lo £1 per member of the charfty. The company is not registered for VAT and all income and expenditure Is VAT incfusive. Basls of preparation The accounts have be6n prepared in accordance wlh Accounting and Reporting by Charitles: Slal&menl of Recommended Practice appllcable lo charities preparlng their accounts in accordance wlh the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in October 2019, Ihe Financial R8POrting Standard applicable in the United Kingdom and Republic of Ireland (FRS 1021, th8 Charitiés Act 2011, th8 Companies Act 2006 and UK Generally AccoPt8d Accounting Practice. Publlc bengflt entlfy The charitable Company m@8ts the definition of a public benefit entity under FRS 102. Golng concern The Iruslees consider that there are no material unc6rtainties about the charitable companls ability lo continue as £ going concem and therefore the accounts are prepared on this basls. Income All income is recognisad once the Charfly has entillemenl lo tha income. it is probable that th8 income will be r8celv6d and the amount of income receivable Can be measured reliably. Cash dDnalions are recognised on recelpt. Other donatlons are re¢ognised once the Charity has been notified of the donation, unless porformance conditions require deferral of the amount. Incomg lax recoverable in relalion lo donations received undar Gift Aid or deed8 of cov8nanl ate recognis8d al the time of recovery from HMRC. Fund accounting Restricted funds are to be LÈsed for spedlic purposes if these are laid down by the donor. Expenditure which meets these crllerla is charged to the fund. Unreslricled funds are donations and other Incoming resources receiv6d or generated for the charitable purposes. Designated funds ars unrestricted funds earmarked by Ihg ITuslees for particular purposes, from lime lo time. 10
The House of Fairy Tales Notes to the Accounts for the year ended 31 December 2023 Expenditure Expenditure is recognlsed On ther6 is a legal or constructive obligalton lo transfer eci)nomic benefit to a third party, il is probable that a transfer of economic benefits will be required in settlement and tho amount of tho obligation can be measured reliably. Expenditure is classrfied by aclivity- Th8 costs of each a¢livily are made up of the lolal of direct costs and shared costs, including SUPPOrt costs involved Sn undertaklng each activity. Direct costs attributable to a singSe acllvily are allocated directly lo that activity. Shared cosls which contribute lo moT8 than one activity and support costs which are not attributable to a single acllvity are apporti between those acllvilies on a basis oonsistent with the use of resou5. Expenditure on charitable actwlties is incurred on directly undertaking the activities whlch further the Charitls objectives, as well as any assoGialed support costs. Grants payable are charged in the y6ar when th8 offer is made 8xcept those cases where the offer is conditional, such granis boin9 recognised as expenditure when th8 conditions allaching are fulfilled. Granls offered 8ubjpol lo conditions whlch have not be8n mel al the year end are noted as a commitrnenl, bul not accrued as expenditure. Governanco Gosts Governance costs, which are con81dered a category of support costs. are the costs a$sl0ted with th8 govern8nce arrangements of the Charily. The88 costs are associated with ronstitulional and statutory requirements and include any costs associated with the strategic management of the Charity's aclivilies. Tanglble fixed a559ts Tangible fixed assets costing £500 or mor& ar8 capilalised and recognised when future economlc benef&ts are probable and the cost or valu& of the asset Can be measured reliably. Tangible flxed assets are initially recognlsed al cost. After recognition, under the cost model, tangible fixed assets are measured at cost lèss accumulated depreciatlon and any accumulated Impairment losses. All costs incUd to bring a tangible fixed asset into its Inlen(fed working condition should be included in the mgasurement of cost. Depreciation is chaTged so as to 811ocate the cost of tsngible fixod assgls less their residual valug over their estimated useful livgs, as follows.. Fixture8, fittlngs and equipment 25Vo reduclng balance Stocks Stocks of finlshed gix)ds and goods for resale are valued al the lower of cost 8nd net reallsable value after making allowance for obsolete and slow-moving items. Cost includes all direct costs. Dabtors Short term debtors are measured at transaction price (which is usually the invoice price after any discounts offered), less any impairment losses for bad and doubfful debts. Loans and other financial assets are initially recognised at transaction pri including any transaction costs 8nd subsequently measured at amortised cost determined using the effective int&rest method. less any impairment losses for bad and dDubllul debts. 11
The House of Falry Tales Notes to the Ac¢ounts for the year ended 31 Decèmber 2023 Liabllltles andprovlslons Liabilili6s are recognised when there Is an obligation al the Balance Sheet date as a result of a past event, il Is probable that a transfer ol economic bengfil will b& required in sgttlemenl. and the amount of the sélllement can be eslimaled reliably. Liabilllles are recognised at the amount that the Charity anlrcipales il wlll pay to settle the debt or the amount il has received as advanced payments for the goods or services il musl provide. Provisions are measured at the best estimate of the amounts requlred to selllo the obligation. Wh&re the effect of the time valuo of money is rnalerial. tha provision is based on thg present valuè of those arrounls, discounted at the pre-tax discount rale that re119cts the risks specific lo the liability. The unwinding of the discount is recognised in the Statement ol Financla Activities as a finan cost. Cash at bank and In hand Cash at bank and cash in hand includes cash and short tèrm highly liquid investments with a short malurily of three months or less from the date Df acquisition or opening of the deposit or similar account Flnanclal instruments The Charity only has finaftcial assets and financial liabilities of a kind that qualify as basic financlal inslrumenls. Basic financlal instruments are initially recognised al Iransacllon value and subsequgnlly measured al Ihair s8lllemenl value with the exception of bank loans whlch are subsequently measLJred at arnortised Cost using the effective Interest method Taxatlon The Charlly 18 exempt fn)m tax on income and gains falling wlthin secllon 466-493 of the CorpoTaliDn Taxes Act 2010 and section 256 Df the Taxation of Chargeable Gain Act 1992 to the extent that these are applied to its chorilable objects. See note 16 in respect of profits arising on non-charilable trading activities. 12
The House of Fairy Tales Notes to the Accounts for tho y&ar ended 31 December 2023 2 Crltlcal a¢countlng estlmatg$ and Judggments In the application irf the accounting policies, the directors arg required lo make ju¢Jgemenls. estimates and assumptions about the carrwng amount of assets and liabili1185 that are not readlly apparent from other sources. The gstimales and asso¢ialed assumptions are based on hislorlcal experience and other factors Ihal are consldered lo be relevant. Actual resu5ts may differ fro these estimates. The estimates and underlg assumptlons are reviewed on an ongoing basts. Revislons lo accounting estimates are recognised in the period in which tha estimate is rbvlsed whère the revision affects only that period. or in the period of the rovision and futur6 p8fiDds where the revision afftscls bolh current and future periods. 3 Incom$ from donatlons 2023 2022 Unrestrlcled funds.. Donations (including gift aid) Grants 69.992 40,000 109,992 42.610 42,610 The charity rec8ived £40,OOD from Mark Leonard Trust as a contribution towards core costs. 4 Income from charltablè actlvlties 2023 2022 Unreslrfcled funds.. Educational projects InMe Other projects Other incomB 5,650 456 6.106 5 Analysis of chorltablé expendlture 2023 2022 Unrestricted funds: Direct costs Stock movement Grants and donations Govemance costs 73,876 2.716 18,513 610 95,715 25,407 286 615 26,308 13
The Hou$e of Falry Tales Notes to thg Accounts for the year ended 31 December 2023 6 Support costs 2023 2022 Unrestricted funds.. Rent and rates Telephone and intarnel Transport, crating and packaglng Bank ¢harges Insurance IT Software anof consumables Subs¢riplions Depreciation Sundry &xpenses Accounts and independent examinallon fee Other legal and professional 4.163 84 1.221 782 1171 4,260 211 458 538 443 2,303 2.354 237 38 500 115 430 610 12,208 6,986 Gov&rrRn costs {6101 16151 11,598 6,371 The Charity initially klenlifies the overhead costs of supporting ils charitable aclivilies. 11 then idenlifle5 Ihose costs whlch relals lo the governance fun¢lion lo aliocale lo charitabl8 expendlbjre. 7 Employees 2023 Number 2022 Number Average number of p&rson$ employed by the Company 14
The House of Falry Tales Notes to the Accounts for the year ended 31 December 2023 8 Tangible flxed assets Total Cost Al 1 January 2023 Addillons At 31 Decembar 2023 15.833 1.230 17,063 Deprèclatlon Al 1 January 2023 Charge for th8 year At 31 December 2023 15,125 484 15,609 Nel bookvalue Al 31 Decamber 2023 Al 31 Dember 2022 1,454 708 All of the above assets aw used for charitable purposos. 9 Debtors 2023 2022 Trade debtors oth8r debtors and propayments 7,248 988 8,236 2.607 2,607 10 Cyadltors: amounts falllng duè wlthln one ygar 2023 2022 Loans {see note 141 Trade creditors other creditors and accruals 10,000 532 1,500 12,032 2,756 1,000 3,756 15
The House of Fairy Ta16$ Notes to the Accounts for the year ended 31 December 2023 11 Analysls of net assot$ between funds 2023 2022 G&neral unrestricted: Tangible fixed assets Nel Gurienl assets 1.454 50.270 708 42.231 51,724 42,939 12 Movement in funds At1Jan Incoming & transfers Outgolng & transfers At 31.Dec 2023 Unreslricled ftjnds.. General funds Designated funds 42,939 116,098 {107,313) 51,724 42,939 116,098 107,313 51,724 2022 Unroslricled funds.. General funds D&signaled funds 33,008 42.610 (32.679) 42,939 33,008 42,610 32,679 42,939 13 Contlnggnt Ilablllties The Iruslees believe that they are lo demonslrale that they have a reasonabla expectation that Ihe annual lurnovtsr will not excegd the small-scale trading limit. and thus agreè with HMRC that the Foundation's trading prolils can be excluded from the charge to corporation lax. 14 Related party Iransa¢tions Th? ITuslees were not pard or received any other benefits from employrnent wlth the Charity in the year 12022.. £nill. No other Charity trustee rsceived payment for professional or other services supplled to the Charity12J22= £nill. No trustees were paid or r8imburs8d axpenses in their capaclly as trustees. Expenses incurrad and reimbursed by the Dir8¢1or in that capacity were In the ordinary course of Charills business anol do not require disclosuie. During the year the Charity received donallons of £4,223 {2022.. £7,50QI and a loan of £10,000 12022.. £nill from Live Stock Market Limi18d a company in whlch G Turk is e direct and shareholder, in addition to person81 donations of £nil12022'. £1,700). 16
The House of Falry Tales Notes to the Accounts for the year ended 31 December 2023 15 Othor Informatlon The Charity is a company limited by guarantee and has no share capital. The liability of each mernber in the event of winding up is limited to £1. Total members a8 at 31 December 2023 was 712022.. 8). 17