2023-04-15-accounts - Spills Hill Charitable Trust

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	Page
Reference and administrative details ofthe charity
Trustees' report	2-4
Independent examiner's report
Statement offinancial activities
Balance sheet
Notes to the financial statements	8-20

Trustees		Simon Evans	Simon Evans
		Virginia Flower
		Mark Kalderon
Charity registered		1141884
number
Principal office		Spills Hill	Farm
		Chickenden	Lane
		Staplehurst
		Kent
		TN12 ODP
Independent	examiner	John Fassenfelt
		Harmans Corner
		The Street
		Borden
		Kent
		ME9 8JH
Bankers		NatWest —City ofLondon Office
		1 Princes Street
		London
		EC2R 8BP

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				Annual		accounts	for the	eriod			CC~7a
Period start date			/$	QfQ„+				P 'd	ddt
							Restricted
Recommended	Oetails ofown				Unrestricted		income	Endowment		Total this	Tota I last
categories by activity	analysis			z		funds	funds	funds		year f	year
Incoming resources (Note 3 Incoming resources from						F01	F02	F03		F04	F05
generated funds
Voluntary income				S01
Activities for generating funds Investment income				S02.„«600.
Incoming resources from
charitable activities				S04
Other incoming resources				S05
Totalincoming		resources		s08	5&	460-
Resources expended (Notes	4-8
Costs of Generating Funds
Costs ofgenerating voluntary income				S07
Fundraising trading costs				S08
Investment management costs				S09
Charitable activities				S10						5I~-
Governance costs				S11
Other resources expended				S12
Total resources		expended		s18
Netincomingl(outgoing)	resources before transfers			S14							i0 3'y 7
Gross transfers between funds				S15	i
Net incoming/(outgoing) resources before other recognised gains/(losses)				s18							(05&P
Other recognised gains/(losses)
Gains and losses on revaluation	offixed assets
for the charity's own use			S17
Gains and losses on investment	assets		S18
Net movement		in funds	s19
Total funds brought forward			S20					IAa	zQ	i/(a lge	i,~gfg
Total funds	carried forward		s21		IA--					i,&z-5'(62-	&go ~ye

~ s
						es nce
					Unrestricted	income	Endowment					Total		this		Total last
				0z	funds	funds		funds					year				year
Fixed assets					F01	F02		F03					F04				F05
Tangible assets		(Note 9)		B01
				B02
Investments		(Note 10) Total fixed assets		B03 B04			( g	~ otto.				I to I 4	) C08 &coo		l $ (6		88O Gdd
Current assets
Stock and work in	progress			B05
Debtors		(Note 11)
(Short term) investments				B07
Cash at bank and in hand
	Total		current assets
Creditors: amounts falling			due within
one year (Note 12)				B10
Net current		assetsl(liabilities)		B«
Total assets less		current liabilities		B12			/6	eau			/			/A-	&	q& ce
Creditors: amounts falling year (Note 12)			due after one	B13			jg.e		eQ0			ter)		OW	/g
Provisions for liabilities		and charges		B14
			Net assets	B15	/$ 4		l		C60		I AQ			&	l	gl~+g
Funds ofthe Charity
Unrestricted funds				B16
				B17
Restricted income	funds	(Note 13)		B18
Endowment funds	(Note	13)		B19			(,&gq 080				l yg~~			000
			Total funds	B20			/A& 000					/ &»			/)(OE o
Signed by one or two the trustees	trustees		on behalf of all		Signature				Print		Name					Date of ap roval
							ZJAorv			gQ		Pv'+Q			'4&		I L

Note 2			Accounting policies	Accounting policies	Accounting policies
This standard list ofaccounting					policies has been applied by the charity except for those deleted. Where a different				or
additional policy has		been		adopted then this is detailedin the box below.
INCOMING RESOURCES
Recoqnition	ofincominq				These are included in the Statement of Financial Activities (SoFA)when:
resources					~ the charity becomes entitled to the resources;
					~ the trustees are virtually certain they will receive the resources; and
					~ the monetary value can be measured with sufficient reliability.
Incoming resources with					Where incoming resources have related expenditure (as with fundraising	or contract income) the
related expenditure					incoming resources and related expenditure are reported gross in the SoFA.
Grants and	donations				Grants and donations are only included in the SoFA when the charity has unconditional
					entitlement to the resources.
Tax reclaims on donations				and	Incoming resources from tax reclaims are included in the SoFA at the same time as the			gift to
gifts					which they relate.
Contractual	income and				This is only included in the SoFA once the related goods or services have	been delivered.
performance	related grants
Gifts in kind					Gifts in kind are accounted for at a reasonable estimate oftheir value to the charity or the amount actually realised.
					Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or
					distributed by the charity.
					Gifts in kind for use by the charity are included in the SoFA as incoming resources when
					receivable.
Donated services and		facilities			These are only included in incoming resources (with an equivalent amount	in resources		expended)
					where the benefit to the charity is reasonably quantifiable, measurable and material.		The		value
					placed on these resources is the estimated value to the charity ofthe service or facility		received.
Volunteer help					The value of any voluntary help received is not included in the accounts but is described trustees' annual report.				in the
Investment	income				This is included in the accounts when receivable.
Investment	gains and	losses			This includes any gain or loss on the sale of investments and any gain or	loss resulting		from
					revaluing investments to market value at the end ofthe year.
EXPENDITURE AND				LIABILITIES
Liability recognition					Liabilities are recognised as soon as there is a legal or constructive obligation committing				the
					charity to pay out resources.
Governance	costs				Include costs of the preparation and examination of statutory accounts, the costs oftrustee
					meetings and cost of any legal advice to trustees on governance or constitutional matters.
Grants with	performance				Where the charity gives a grant with conditions for its payment being a specific level ofservice or
conditions					output to be provided, such grants are only recognised in the SoFA once	the recipient	of		the grant
					has provided the specified service or output.
Grants payable without					These are only recognised in the accounts when a commitment has been	made and there			are no
performance	conditions				conditions to be met relating to the grant which remain in the control ofthe charity.
Support Costs					Support costs include central functions and have been allocated to activity cost categories				on a
					basis consistent with the use of resources, eg allocating property costs by	floor areas,	or per
					capita, staff costs by the time spent and other costs by their usage.
ASSETS
Tangible fixed assets for			use		These are capitalised if they can be used for more than one year, and cost at least f500.				They
by charity					are valued at cost or a reasonable value on receipt.
Investments					Investments quoted on a recognised stock exchange are valued at market	value at the		year end.
					Other investment assets are included at trustees' best estimate of market	value.
Stocks and work in progress					These are valued at the lower of cost or market value.
POLICIES ADOPTED
ADDITIONAL		TO OR
DIFFERENT FROM		THOSE
		ABOVE

incoming	resources may	be further analys	edif this would help the read	er ofthe accou	nts.
			Anal sis		This year	Last year f
Voluntary	income
				Total
Activities	for generating	funds
				Total
Investment	income
				Total
Incoming	resources from
charitable	activities
				Total

Resources		expended may be furthe	r analysed ifthis would help the	reader ofthe acc	ounts.	ounts.
					This year			Last	year
			Anal sis
Costs ofgenerating
voluntary	income
				Total
Fundraising		trading
costs
				Total
Investment						)Og	-	Z) 8
management		costs
				Total		&OP	-	L~ g
Charitable	activities
				Total	3	ZA		3L	QO
Governance		costs
				Total


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Note 7 Paid employees
Please complete this note ifthe charity has any employees.

7.1 Staff C	osts
									This year	Last year
Gross wages, salaries			and benefits		in kind
Employer's	National	Insurance		costs
Pension costs
							Total staff	costs
7.2Average	number	of	full-time	equivalent		employees	in the year		This year Number	Last year Number
The parts ofthe charity			in which the
employees	work
								Total


The	costs ofthe scheme to the	charity for the year
The	amount ofany contributions	outstanding at the year end
The	amount ofany contributions	prepaid at the year end

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Carrying (market) value at beginning ofyear
Add: additions to investments at cost
Less: disposals at carrying value
Add/(deduct): net gain/(loss) on revaluation
Carrying (market) value at end ofyear

Analysis	ofinvestments	ofinvestments									10.2	10.3
											Market value at	Income from
											year end	investments	for
												the year
Investment		properties
Investments		listed on a recognised			stock exchange or			held	in common	investment
funds, open		ended investment		companies,			unit trusts	orother collective
investment		schemes
Investments		in subsidiary	orconnected			undertakings		and companies
Securities	not listed on a		recognised		Stock Exchange
Cash held	as part ofthe investment				portfolio
Other investments
										Total	l6&~-	~Y6oo ~

Note 11	Debtors and prepayrnents	g Jlf
Please complete this noteif the charity has any debtors or			re a ments.
Analysis ofdebtors			Amounts	falling due one year		within	Amounts falling due after more than one year
			This year		Last year		This year	Last year
						f
Trade debtors
Amounts due	from subsidiary and associated
undertakings
Other debtors
Prepayments	and accrued income
		Total

					Amounts	falling due within	falling due within	Amounts	falling due after
						one year		more than	one year
					This year		Last year	This year	Last year
Loans and overdrafts		Iten	H~)					i~a cue
Trade creditors
Amounts	due to subsidiary		and associated	undertakings
Other creditors
Accruals	and deferred	income
				Total

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	Page
Reference and administrative details ofthe charity
Trustees' report	2-4
Independent examiner's report
Statement offinancial activities
Balance sheet
Notes to the financial statements	8-20

Trustees		Simon Evans	Simon Evans
		Virginia Flower
		Mark Kalderon
Charity registered		1141884
number
Principal office		Spills Hill	Farm
		Chickenden	Lane
		Staplehurst
		Kent
		TN12 ODP
Independent	examiner	John Fassenfelt
		Harmans Corner
		The Street
		Borden
		Kent
		ME9 8JH
Bankers		NatWest —City ofLondon Office
		1 Princes Street
		London
		EC2R 8BP

		"'"'""'2,'I/j	"'"'""'2,'I/j	"'"'""'2,'I/j	"'"'""'2,'I/j	"'"'""'2,'I/j	H,	I('Ge&(r&K7rrrtt,	I('Ge&(r&K7rrrtt,	I('Ge&(r&K7rrrtt,	".„')"'""	".„')"'""	"Ilgl Ef
							Annual		accounts	for the	eriod				CC~7a
		Period		start date		/$	QfQ„+				P 'd	ddt
										Restricted
Recommended			Oetails ofown					Unrestricted		income	Endowment		Total this		Tota I last
categories by activity				analysis			z		funds	funds	funds		year f		year
Incoming resources (Note 3 Incoming resources from									F01	F02	F03		F04		F05
generated funds
Voluntary income							S01
Activities for generating funds							S02
Investment income							S03
Incoming resources from
charitable activities							S04
Other incoming resources							S05
Total incoming					resources		s08						&&400	6
Resources expended	(Notes		4-8
Costs of Generating Funds
Costs ofgenerating voluntary income							S07
Fundraising trading costs							S08
Investment management costs							S09
Charitable activities							S10	gi	236				5i~-	3Z X-
Governance costs							S11
Other resources expended							S12
Total resources					expended		s13
Netincomingl(outgoing)			resources before transfers				S14							i0 3'y /'
Gross transfers between		funds					S15
Net incoming/(outgoing) resources before other recognised gains/(losses)							s18				9,759		iit,%k	(~5~7
Other recognised gains/(losses)
Gains and losses on revaluation			of	fixed assets
for the charity's own use						S17
Gains and losses on investment			assets			S18
Net movement					in funds	s19
Total funds brought forward						S20					i Aa zQ		i~A Z7~	'/&f18
Total	funds		carried forward			s21					i,F2-$ e88		i,&25 (62-	lgd 170

~ s
						es nce
					Unrestricted	income	Endowment			Total		this	Total last
				0z	funds	funds		funds			year			year
Fixed assets					F01	F02		F03			F04			F05
Tangible assets		(Note 9)		B01
				B02
Investments		(Note 10)		B03			I	&ave-	t	to	)	Ceo
		Total fixed assets		B04			i4	~&tto-	I	&	seoo
Current assets
Stock and work in	progress			B05
Debtors		(Note 11)
(Short term) investments				B07
Cash at bank and in hand
	Total		current assets		lg~-
Creditors: amounts falling			due within
one year (Note 12)				B10
Net current		assetsl(liabilities)		B«
Total assets less		current liabilities		B12			lC	eau	I			iA-	& q&ce
Creditors: amounts falling year (Note 12)			due after one	B13			jg.e eQ0			Q.tr)		0~
Provisions for liabilities		and charges		B14
			Net assets	B15	/$ 4		l	C60	I	AQ		&	l gl~+g
Funds ofthe Charity
Unrestricted funds				B16
				B17
Restricted income Endowment funds	funds (Note	(Note 13) 13)		B18 B19			(,)	gp 080	l	$E.&		000	I P't) ZQ
			Total funds	B20			/A& 000		/	&»			I )(OE o
Signed by one or two the trustees	trustees		on behalf of all		Signature			Print	Name				Date of ap roval
							2+VOrlr gQ			Pv'+Q

Note 2			Accounting policies	Accounting policies	Accounting policies
This standard list ofaccounting					policies has been applied by the charity except for those deleted. Where a different				or
additional policy has		been		adopted then this is detailedin the box below.
INCOMING RESOURCES
Recoqnition	ofincominq				These are included in the Statement of Financial Activities (SoFA)when:
resources					~ the charity becomes entitled to the resources;
					~ the trustees are virtually certain they will receive the resources; and
					~ the monetary value can be measured with sufficient reliability.
Incoming resources with					Where incoming resources have related expenditure (as with fundraising	or contract income) the
related expenditure					incoming resources and related expenditure are reported gross in the SoFA.
Grants and	donations				Grants and donations are only included in the SoFA when the charity has unconditional
					entitlement to the resources.
Tax reclaims on donations				and	Incoming resources from tax reclaims are included in the SoFA at the same time as the			gift to
gifts					which they relate.
Contractual	income and				This is only included in the SoFA once the related goods or services have	been delivered.
performance	related grants
Gifts in kind					Gifts in kind are accounted for at a reasonable estimate oftheir value to the charity or the amount actually realised.
					Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or
					distributed by the charity.
					Gifts in kind for use by the charity are included in the SoFA as incoming resources when
					receivable.
Donated services and		facilities			These are only included in incoming resources (with an equivalent amount	in resources		expended)
					where the benefit to the charity is reasonably quantifiable, measurable and material.		The		value
					placed on these resources is the estimated value to the charity ofthe service or facility		received.
Volunteer help					The value of any voluntary help received is not included in the accounts but is described trustees' annual report.				in the
Investment	income				This is included in the accounts when receivable.
Investment	gains and	losses			This includes any gain or loss on the sale of investments and any gain or	loss resulting		from
					revaluing investments to market value at the end ofthe year.
EXPENDITURE AND				LIABILITIES
Liability recognition					Liabilities are recognised as soon as there is a legal or constructive obligation committing				the
					charity to pay out resources.
Governance	costs				Include costs of the preparation and examination of statutory accounts, the costs oftrustee
					meetings and cost of any legal advice to trustees on governance or constitutional matters.
Grants with	performance				Where the charity gives a grant with conditions for its payment being a specific level ofservice or
conditions					output to be provided, such grants are only recognised in the SoFA once	the recipient	of		the grant
					has provided the specified service or output.
Grants payable without					These are only recognised in the accounts when a commitment has been	made and there			are no
performance	conditions				conditions to be met relating to the grant which remain in the control ofthe charity.
Support Costs					Support costs include central functions and have been allocated to activity cost categories				on a
					basis consistent with the use of resources, eg allocating property costs by	floor areas,	or per
					capita, staff costs by the time spent and other costs by their usage.
ASSETS
Tangible fixed assets for			use		These are capitalised if they can be used for more than one year, and cost at least f500.				They
by charity					are valued at cost or a reasonable value on receipt.
Investments					Investments quoted on a recognised stock exchange are valued at market	value at the		year end.
					Other investment assets are included at trustees' best estimate of market	value.
Stocks and work in progress					These are valued at the lower of cost or market value.
POLICIES ADOPTED
ADDITIONAL		TO OR
DIFFERENT FROM		THOSE
		ABOVE

incoming	resources may	be further analys	edif this would help the read	er ofthe accou	nts.
			Anal sis		This year	Last year f
Voluntary	income
				Total
Activities	for generating	funds
				Total
Investment	income
				Total
Incoming	resources from
charitable	activities
				Total

Resources		expended may be furthe	r analysed ifthis would help the	reader ofthe acc	ounts.	ounts.
					This year			Last	year
			Anal sis
Costs ofgenerating
voluntary	income
				Total
Fundraising		trading
costs
				Total
Investment						)Og	-	Z) 8
management		costs
				Total		&OP	-	L~ g
Charitable	activities
				Total	3	ZA		3L	QO
Governance		costs
				Total


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Note 7 Paid employees
Please complete this note ifthe charity has any employees.

7.1 Staff C	osts
									This year	Last year
Gross wages, salaries			and benefits		in kind
Employer's	National	Insurance		costs
Pension costs
							Total staff	costs
7.2Average	number	of	full-time	equivalent		employees	in the year		This year Number	Last year Number
The parts ofthe charity			in which the
employees	work
								Total


The	costs ofthe scheme to the	charity for the year
The	amount ofany contributions	outstanding at the year end
The	amount ofany contributions	prepaid at the year end

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i	4rj
r	~ /


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Carrying (market) value at beginning ofyear
Add: additions to investments at cost
Less: disposals at carrying value
Add/(deduct): net gain/(loss) on revaluation
Carrying (market) value at end ofyear

Analysis	ofinvestments	ofinvestments									10.2	10.3
											Market value at	Income from
											year end	investments	for
												the year
Investment		properties
Investments		listed on a recognised			stock exchange or			held	in common	investment
funds, open		ended investment		companies,			unit trusts	orother collective
investment		schemes
Investments		in subsidiary	orconnected			undertakings		and companies
Securities	not listed on a		recognised		Stock Exchange
Cash held	as part ofthe investment				portfolio
Other investments
										Total	l6 &~-	gg 600

Note 11	Debtors and prepayrnents	g Jlf
Please complete this noteif the charity has any debtors or			re a ments.
Analysis ofdebtors			Amounts	falling due one year		within	Amounts falling due after more than one year
			This year		Last year		This year	Last year
						f
Trade debtors
Amounts due	from subsidiary and associated
undertakings
Other debtors
Prepayments	and accrued income
		Total

					Amounts	falling due within	falling due within	Amounts	falling due after
						one year		more than	one year
					This year		Last year	This year	Last year
Loans and overdrafts		Iten	H~)					i~a cue
Trade creditors
Amounts	due to subsidiary		and associated	undertakings
Other creditors
Accruals	and deferred	income
				Total

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