Moore Thompson Tryett Adwsers chart9# Accwntant8 COMPANY REGISTERED NO: 07743618 GRANTHAM COMMUNITY HERITAGE ASSOCIATION LIMITED CHARiff COMMISSION REGISTERED NO: 1145473 STATEMENT OF ACCOUNTS for the period ended 30th December 2023 CM&*TERfD AccoiJklA4T5
GRANTHAM COMMUNITY HERITAGE ASSOCIATION UMITED Contents Page for the period ended 30th December 2023 INDEX Legal and Administrative Infomath)n Trustees, Annual Report Independent Examinerfs Report Statement of Financial Acimbes Balance Sheet Notes to the ACUnts 8-16
GRANTHAM COMMUNITY HERITAGE ASSOCIATION LIMITED Legal and Administrativo Information for the period ended 30th December 2023 Dlrectors l Tru8tee8 Viv+enne Reichelt- Chair (Appointed 07106120241 Nicholas Jones Malcolm Robbins Marilyn Edwards (Resigned C6106120241 Amanda Schonhul (Resigned 06106120241 Graharn Jeal (Resigned 29109120231 R•glst•r•d Offie• Granlham Museum St P&ters Hill Granlham Lincolnshire NG31 6PY Independent Examlner E. Wi150n FCCA ACA Moore Thompson 27 Market Place Market Deeping Peterborough PE8 8EA Banker• HSBC 88 Weslgale Grantham Lincolnshire NG316LF Page.. 1
GRANTHAM COMMUNITY HERITAGE ASSOCIATION UMITED Annual Report for th8 riod ended 30th Doc8mb•r 2023 The trtee5 a also dIrecS oflhe chanty lor the (Kwposes oflhe CLryan Act 21YJ6, Fyesenl Ihai ieport 1h the finantia Statements oftr chanty the pen(xl el 30 December 2023. IIu51ees N9¥e adopted Ihe prowons ol Ihe slairn of RerjMftéfj Pracbce ISORPI apF4Ic8ble lo Chantyes prepanry tr1r accowt5 in ar£ordarKe 14ith the. Repw statmlard 4p1(¥) In ihe UK and RetI ol IrdaThY IFRS1021. 8TRUCTURE, GOVERIIAIICE AND IAAIIAGEMeMT Gov•mlng documgni The chanty 1$ ¢on$biuted ty rts govermq ¢JOrjJTh. aTrJ c(•5b"lutes a Imnited cJ)ftyany. IimW by gU8raniee. as defined ty the Ccryans Atl 2ry ar¥1 NJbc4e5 ofA86oclab' adoptri 12 January 2012. The chanty L8 a eh•ftywth Ch•rtyCc¥nmwM registrgbw 1$ 1145473 The chantys ¢panY TrJmtr li 07743618. Inductbon of n• tN•t••ts TnJ51ees aTe electeil by Il Memt•ry knMI IrJ. twjtothws may t¢ ¢w en Annual MeetsryJs C)thdaies we ivrted riased thr knrmledge and abiithe$ In • tKoad r8ThJe of revanl th50phrEs chanty 8Tr1 career exce. berfrts ihe charty •nd in the CRas Ate trwrr#J is av•ilat4e OBJECTNes AND ACTNinvd Oty•ctl¥•8 •nd alm The Ajms ow13 iem•in lo W0de a Wh rpJaiity. S11•t1e •nd Indusi¥e community museum semte to 01 Cg•rtth•m Jnd Il swrwThYing wea Ihai sei¥e$ 10 edutAI•. knlomi. Ir4F¥• al 98walor.' lo whde an a¢c4•th for li stake1Id. Overthe pasl Je8r, G¢wmwity wiage A#1¢¥b trg(Ir#J 88 Granih•m lo operale lo 0¥Je a quality xrvu able ge8 a ol IUslainBb Incoff lo en8ts Inyovwt d¢¥eicsNwi ol Musethrn PFOWSlL¥I lo ils siakehohlers Ttsfe o Slill Ir ty¥¢yr¥J lo IMrrt Cost aTrJ rethjdim m8a5urv¥ to oyJnler IM ClInryJ sqThfthii of in¢tyrn ¢omparoY to pre.crmd ar8 aTrJ th¢ wxpe(knl aTrJ Irr•aae In 8ra¥ aTrJ cosi ot IMThI CQSIS The Mwm •no wll cor11 to ewrye aTrJ Corrral (4)rM to eitsblsh rnainiain Ihe netsssary dÈYeiopmeth of tKoTrA¥on aThY piwoe a 51ab Irume to en•w• 4lu¥wm's for &f ilalw aTra to th8 ic4w ieivirth. Achhv•m•nts nd p•rfonn•nc• The Muleum fooiiall t1wrvJ I1 hJ5 iryro¥ed bul itsre is 8 lorvJ ¥vty to go LEl+Yt rejchiry pr Cowd leNs and loom bookiNJs d tenani have Inyo¥ed ihe meum tt•s yth 10 r•. esiatyi$h olcommurmty form bookirS aThJ fvThJ-f8lSlNJ e¥rf¥. $LKh as Craft Fairn ai In wev18 01$. A Iimied ol comwMtye¥tnts aThY ac1Ms tre $wpDrled. the 11 now be cffl reco¥enry srocl OPPMuThbes commwwty bcokirys re Ihe li cyeraiirvj in a vtty Compeithve area wih many kncal bc¢Jies seeThJ io hire oth Trir wemL8e8. 8TrJ 8cod get$ under KKes$ure The w83 grate1 thal came ftywJrd10 &5si¥I ihe Kluseum rernainng able ty cobnrKJ a w0porti of tuMir¥J c0515 The MLtseum to xek athYth>nal ¥dleerS arbJ has been Icyhmate in allra¢bffj • qualified aTrJ expenenced rnu5•Jm volunieei toIC the as Exhitxlion Museum cOThbnd ¢$tablisw lxogr• lo charHJE at ¥1 knrvJ Ihe p1. thi$ Ropsley Heath Light RaiK%4y. a Coronabw aY reFYe%enbry t131 ihree UK cLKOn•tis. &aniham CrAleg0 Art Display. Ceramics Di$aY aTrJ a co1)n of Sil%r Pr Ewtsnsl Ite on loan from Sl. Seba51ians ChLKch. Greal Grrnty muse h•$ atso yeed lo r¥)t space 10 1¢ a (xrnrrMCS kiln on site. 10 tovwJe Tenbj space ftr warThca rela4 space for cer8mic s88 M a comrniss¢r basi5. PluseL¥n nmbers 8fteTh InawJur4 olts Granttwrn T Team L•wch. South Kesleven Trffl VeThJe5 E%wt. SK Tthyay Lath and tt SK May(x Maknry Paye". 2
GRANTHAM COMMUNITY HERITAGE ASSOCIATION LIMITED Annual Report for the period ended 30th December 2023 Achlgvèmènt8 and rf0MlancO contlnuod The Mu%um has continued lo actively %rk Granlham College 10 improve and trartsilion the Museum Web page arKI. h8S 8uccesslully Increased Ihe range ol social medi8 acilwe5 10 m81n1n and Improve conlacl wlh Ihe coffjrnuThty. 51aff. vdunieer$. anu siakehoiders F10n9 an iniliai appTOSLI). the Museum e51ab115hed conlact vAlh Ihe Ronald Rea9an BIrth&t Museum in Tampico. Illinths followrvJ Ihe Granthèm'pairing relalion5hip' 1th Tampico, reflecting the special Telatsonship Maryarel Tnaich8r and Pre&id8th Rea98n In 19808 The museum conbnued lo seek granl aid and has been sucSSIu1 In oblaining and Installin9 an improved environmenlal logging sysiem wlh assistance (rom Museum Dewelopmeth Easi Midland$. ha$ reeeiveo grani appioval from Arts Coundl under Ihe Reimagine Graniham Project and recelved a grani frorn SK District cou1 lo prortJ• th• fomTwnityC•birni$" foriiik¢hoKloro •TrJ th8 publlc lo dsploy IhEir collections eic The Museum had FrelIngS %silh SKDC mefflber5 and official concerning Ihe c051 and Iwm leryjth for ihe renewal of Ihe Buildin9 Lease for Ihe Museum. paniculady In thé Ighl of the cuireni finawal is$ues f8cing the Mubeum and lh8 Increasing ErrgY c081s and C05101 Living Increases M8eliTrJs wre 8180 hekl lo cwsidef the Counul relocating their CuJtomer Se1¢ proision ilhin the Museum, bul the OV8118ble space was deemed Insuffient. FIn•n¢1 A•Ylgw The finano81 re$ull5 8re $ho%w In the si8iemenl of Fln8n(aal lIlIeS. P818n¢e •8$Ots•ted ne5 on pages 610 16 Ao indicJled eJrtier. the cuslornary Irome Jtrethmo. Gift shop. Coffee shDP. Room Hire and Office fonts ve affecied dunng ihe year. logelher wlh fundrèising aclivllle8 Such as craft fairs Irvllably 8bandd because oflhe finanual pressu8. The major reason and concern was the 8thJden and unexpected gnificani InC88e In Eneigy Costs vknich seriously affected operaiing c051s and led lo the need lo dr8W on iThe Muleum's rs•rv••. Thè hlus8um was. slaied, f(rtun&te io r1¥0 fln•ndal 4511Stir from eupporter8 ¥tho cov8r8d a proportim of ongolng runniry co818 dLYinG the yeai thai lett the Museum In • beiier finon¢i81 silualion envi$agetl Co81 reduction¥ have been ifflplernenled %¥fiere pos51b bul major repaif costs lor the lift has seriou8ty akened our flnanck91 base, a$ has Ihe in¢ie¥sing costs for energy vthich Il cannol pa$5 On. Futur• D•¥•lopm•Thts The Museum wll conlinue lo Implement the rev19ed &year plan going forw8rd 10 provitle 8 regular exhibiiion lumov•r and developm1 of exi8ling perrn8neni exhlblt8 8ThJ wll work %lh established Agencle$ 10 Incfea$e Ihe Museum provl$lon and wsiior attrathion Fu1u exhibitions projects undef developmenl IndLhJe the In518118lion of a working model ol Grantham Railway sialion. Community Cabinets. Granlham Timeline. hhuseum Videos partiupalion In ltte ¢Jevelowenl of an Amhem Trall and Exhlbilion lo mark the 80th anniversary in 2024. The Museum wll look lo furfher develop exi$iin9 re181ionship¥ vilh identified st8kehok1ern, Uncoln8Nie Hen18ge. Arts Counc41. Museum Devdopmeni Ea81 Midlands South Kesieven Di&lrict Counul departmenls. Granlham College. others. and lo conlinue lo Identify and follow up grant aid opportunities %rever possible The fin8nci81 position doe8 reslncl the 8¥ai18blÈ grath¥ lo IhB Museum where malch funding 15 a coJ1110n ol the application. RemainirKJ maior wclivilie8 include. lo renego11810 the current Lease arrangemenlB lor the Museum, lo ¢k)nJlyntly review energy and oltEI C051s. lo appoinl additional Directors and Tru51ee¥. lo impro¥e nia¢i S¢)$ and io re¥ the Iocion and lulure of li* GranlTham Golleclion R18k manag•morit The trusteeg have a duty lo iderilify and reviewlhe risk& lo which the charity Is exp03ed and to 9re appropn81e controls are in place 10 provide rea8able assurance 8g8insi fraLvJ and error.
GRANTHAM COMMUNrrY HERrrAGE ASSOCIATION LIMITED Annual Report for the period endgd 30th Decemb•r 2023 Publi¢ B•nofrt The Irusiees hav8 conwdwod the Charity Corn9$.$ gutdance PU1¢ benefil and believe that the objects athiviti•S Ldertak$A by the tharity MI thffj guthnce. Servirns are provided free ol char to clients and the tharty Ytilws IwK'ThJ Irryn tIM18d swrc8s ensuriThJ servi$ remain charrtabl8. R•wws poll¢y It 15 th8 pdicy of th¢ trusiees 10 12 monlhs ot exp8rbJrture iWw"n uniestrK18d r8s8rv8s in (wder havt r•wIc for un8XP8a•J r•duC1$ in The trustèes are reswnsitAe lor preparirg Ihts tnJstee5' annual iwrt and the financ¥al statgmenis in a¢rx)rdanc• tyth applicable and Urtited lth"wJx) Ao>xth"rrfJ Stand8fds (Unsted Ggnewdty Accept•d Accwnbng prl¢e1. Cc#npany law requir8s Ihe trust•ès 10 pre10 Sial•m8n tor •ach hnancial yèar. filch give tiue and lair wi•w ol Ihe State ol altairs ol Ihè thaniabl• cornpany and ol Ihe Incorning fesources and applicaiK)n of r•souiw, Induth'ng Ihe Income and eXp).1ure. cl th8 tharnat cornpany lor that FK#J. In pryring lh linaroal 818t•monts. tho tiuit•gs aro r•quiil ¢0." Soleu suitabl? aco)untsng p)18S aThJ thèn apptythèrn c9ndy.. Ihe ffl•thcl¥ and prmot4ès in ts Chant SORP.. Make iudgtrnents and asttmoies Ihat ar• rèasonab aTrJ pwd•nt.' Sw• whèiher appltIO UK AccOtir Sland8rds have l)een Sub to any material d8parbJr•s discb)se(I èXp¢ald in h.n( stht•mgnis. Prgpaie Ih• bnancial sthi•menis on th• cern basis unless Il o Inwcpriate to pr•sum• thai Ihe chare ccryany Contsn cpeiats"on. The trust••$ aig responsible lor keepNJ prtP81 axoJntsrrfJ thai disdose vrith rga8oTrobl accuraty ai any limo thè linW PO%lion ol Ihe (thant? c•JYwny and en)le Ihern to •n5ur8 thai the linancial 51818rnents cornptyth the Cornpanies Au 2Crf)6. They ar8 atso re$SIbl0 lry sateOarding assets ol tho charita8 cth7)pony and lor iakjry rnIse slops for Ihe prev•nkn and d•t•ction of Iraud and other Irrwkil.¢B. FOR AND ON BEHALF OF THE TRUSTEES Ilrs Vivienne Reic811 Chalr 30 OeLoml£r aoii4 Pag8'. 4
Indepondent Examlnerfs Report to the Trustees of GRANTHAM COMMUNITY HERITAGE ASSOCIATION LIMITED I report lo the charity trustees on my examination of ihe accounts of the company for the period ended 30th Dec8mbèr 2023 which are set out on pages 6 10 16. R•8pon8ibilitieg and basis of rnport As the charity trustees ol the company land also ils direciofs for the purposes ol company lawl you are responsible for th& prepa¥ation ol the ac¢ount$ in a¢¢wdance wrth the requirements of the Charities Act 20C6 Cthè 2006 Acl'l. Hawng satisfied myseN that the accounts ol Ihe company are not raquir8d to be audrted under Part 16 01 Ihe 2008 Act and are eloible for in¢Jependent examination. I f&W1 in respect ol my examination ol your mpany$ accounts a5 cafried out under seCIn 145 of the CharItS Act 20111.the 2011 Act-l. In cairyirrtJ out my gxamination I have lolknved all the Ch're¢b'ons gNen by Ihe Charity CommissJn und&r seclion 1451Sllbl of the 2011 Act. Ind•p•nd•nt •xamSn•rf8 stat•m•nt I have completed my examination I confimi Ihal no material matters have come to my attention connection with the 8xamination gNing me ¢ause lo believe Ihal in any material respecl.. accounting rewds were nol kept re$p8¢t ol lh¢ COmnY a8 required by section 386 01 the 2 Act". or the accounts do nol accord wrth those recofds". or the aCnIS do not compty wrth the accounling wuirements of section 3 of the 20C6 Act other than any reouiremenl that the au1$ give a'lrue and 1811 vvl which is not a matter considered as part ol an independenl examina1.. or the accounls have not been prepared in accordan¢g wlh the methods and principles ol the Slat8mènt ol Recommended Practi¢e frjr acnI•ng and reporling by ¢harrts applicable 10 charrties preparing their a¢counls in aCrdance wrth Ihe Fwianrial Reporting Slandafd applicablè in the UK and RepU1C of Ireland IFRS 1021. I have no ¢oncem5 and have come across no other matters in connection wrth the examinat)n to which attention should be drawn In this feport In ordef lo enable a Proper underslanding ol the accounts to be reached. E. Wilson FCCA ACA Moor• Thompson Chartered A¢¢ount*nts Market D••ping Date". 30 De(LTr)Iw lOY¥ Page. 5
GRANTHAM COMMUNITY HERITAGE ASSOCIATION LIMITED Statement of Financial Activity {including income and expenditure accountl for the period ended 30th December 2023 14ote$ 2023 Unrestricted Restricted fvnd funds 2022 Total Totsl Income from.. Donations and kgaoes Grants Charitable acaivilies Other Investments 5,994 4,849 18,483 S.994 4.849 18.483 2,713 15,351 160 23 Total In¢omlng r••ouv¢ 29 486 29,486 18.087 Expèndlturo on: Raising funds Charitable adiwtlgs Oth8r 31.498 2,759 31.498 32.222 1.161 TOL91 •xp•nd•d r••our¢•• 34.257 34,257 33.383 Net •xp•ndltur• 14.7711 14.771 116,2961 Transfers between fuThds Net movem•nt In fvnd• 14.7711 14.7711 115.2961 Reconciliation of fvnd•: Total lunds brought forward 15,424 1 5.424 30.720 Totsl funds Garrt•d for4v*Yd 10,653 10.653 15.424 All incomè and expenditure defive from continuing activib88. The statement of finanaal actNrties indudes all gains and knsse$ rwnised during the year. Page.. 6
GRANTHAM COMMUNITY HERITAGE ASSOCIATION LIMITED Balance Sheet at 30th December 2023 2023 Note Unrestricted Restri¢ted Funds Funds 2022 Total Total Flxed assets Tangible ass•is 1,454 Curr•nt assets Stocks Debtors Cash al bank and in hand 175 175 200 10.754 10,754 19,161 10,929 10,929 19,361 Cr8dltor•: Amounts falling due within one year 1.730 1,730 3,983 Not curr•nt a88•ts 9.199 9.199 1 S,378 Total ass•ts1•38 curr•nt Ilabllltle$ 10,6S3 10.653 1S.424 Funds Unresiricled Restricted 10.653 10,653 15,424 10.653 10.653 15.424 The trusleos are satisfied that the charlty is eniiiled io exemplK)n from audrt ol the financial staternenls lor Ihe year under Section 477 01 the CompanEs A 21kn I"Ihe 2CQ6 Act'l felaiing lo small companies and Ihal the members have not required the ¢panY to obtain an audit in ac(*Tdance Yth Section 476. The Irusiees acknowledge their rosponstkn'lilios lor= ensuring that the charrty keeps proper accouniing records ctynpty wlh so10n 386 01 the 2rx6 li) Act, and lill pieparing linancial statements which give a true and lair wew of the state ol affairs ol the charrty as ai the end ol the financial year and of its prolii or loss lor th6 financial year in accordance with the requirements ol section 396. and which otherwise comply with the requirement5 01 the 2CN)6 Aot relating to financial siatemenis. so far as applicable lo the charity. These financial statements have been prepared In accordance wrth ihe provishS applrcable lo companies subje¢t lo Ihe small Compan$. regime and in aCcofdan wih FRS 102 'The Financial Reporting Standards applicable in the UK and Republic of lieland,. These financial statements ve approved by tre Tru51ees on30 l.lili and are signed on their behalf by. Mrs Vivienne Reichelt Chaif COMPANY REGISTERED NO: OT143618 Page.. 7
GRANTHAM COMMUNITY HERITAGE ASSOCIATION LIMITED Notes to the Financial Statements for the period ended 30th December 2023 1. Accounting poli¢1¥ General Informatlon Granlham Community Heritage Association Limited is a charitable company limited by guarantee. In the event ol the chanty being wound up. the liability in rèspèct of the 9uarantee 15 lirniled to £10 per member ol the Charity. The addre55 of the registered office is given on the charity inlomiation page on pa98 1 of Ih8sè financial sialemonls. Thtr nature of the charity's operations and principal 8ctivrtig$ are sel out in the Trustees Report. 8•$1s of Preparatlon of Flnanclal Statements The financial st8tements have been prepared in accordance wth Accounting and R&porting by Charitie5. Statement of Recommended Piaclice applicable to charities preparln9 thèir accounts in accordance with Financial Reporting Standard applicable in thè UK and Republic of Ireland IFRS 1021 leffective 1 January 20201- (Charities SORP IFRS10211, the Financial Reporting Standard applicable to the UK and Republic ol Ireland IFRS1021, th¥ Cornpanies Act 2006. the Charities Act 2011 and UK Generally Accepled Ac¢ounting Practict. The charrtabl8 company h8s appligd Update Bulletin 1 88 published 2 February 2016 and does not Include a cashflow siaièmenl on the grounds Ihal il Is applying FRS 102 Section 1A. The fin8nci81 statements a prepared on a going concern basis undor the historical cost convenllon, modified lo include certain items at lair value. The financial slalemenls are pre8enled in steding which is the functional Currency ol the charity. Tho sl9nificant accounting policies applied In the preparation of these financial slalemenl8 8re sel out tsolow. Th&$e poli¢ies have been consi51enlly applied to all years presented unless otherwise Publ1¢ bonoflt The charrtable company'5 objectives and activities arg in 8ccord8neè wllh Ihe Charity Commlsslon$ general guidance on publlc b8n8flt. Fund accountlng Unre8lricled funds can be used in accordance with the chadtable obieclives 81 the discretion ol the trustee5. Restricled ftjnds can only be used for partlcular r$slricled purposes with the objectives ol the ctt8rity Restrictions arise when specified by the donor or when funds are raised lor partlcular reslrlcted purposes. Ineomlng r••oure•i All incoming resour¢es are Included on the Slaiemenl ol Financial AclivilS8s when the charity is le98lly enlilled lo the income ancl the arnounl can be quanlffied vAth r6a$onable accuracy. R•8ourc•8 •Xnd•d Expenditure Is included in the slalernonl ol financial activities on an accruals basis and has been dassifie(J under headings that aggregate all cost related lo the category. Where costs cannot be directly attributed to pgrticular headings Ih8y havè been allocaled lo activities on a basis Consistent wh the use ol resources. Grants olfered subje¢t lo condition5 which have not been met at ttte year end date are noted as a commitment but not accrued a5 axpandilure. Page.. 8
GRANTHAM COMMUNITY HERITAGE ASSOCIATION LIMITED Notes to the Financial Statements for the period ended 30th December 2023 1. Aecountlng poli¢l•• Icontinuedl locatlon and apporUonm•nt of costs Chantable expendrture compnses those costs incurred by thg chaiity Nl the delivery of it's activiti&s and services for i¢5 benefio'aries. Govm8n¢¥ co$t$ Inclyde those costs assocbated vith meeting Ihe constrtutionèl and statutory requirements of the chanty and indude the iudit fees and costs linked lo the strategic rnanagemenl of the charity. Support Costs include all Ihose ovethead costs lor ub.lty sèrvi¢o$, and othèr sèrvices and cKJsts. %thich are in support ol the a¢tNity They have been allocated lo actNity cost ¢atO90ri&s on a bas18 consistenl wth the use ol resourGes. Flxed a88et8 Tangible f1xed assets are slaled al ¢ost or valuatw 5¥ aCl181ed depre¢thn. Depreckglion is calculated 80 0$ lo wrrte off the c08t of an assel. less rts e$timaltrd residual value, over the useful economi¢ Ill¥ ol that asset as lolk>%'. Computer eouipmnt - 25% straht L Stocks Stocks are stated 81 Ihe Icthrr ol cosl and estHnated selling pri¢& less eo616 to complete and 8811. D•btor• and credltor• r•c•lvabl• I payabl• wllhln one y•ar Deblofs antj creditors ¥th no stated inleresl rate and CeiVable or Y•bI& wthin {e year a record9d al transaction pnce. Any1088es ariBing from irryjainwnl are recognised in expendiluo. P•n•lon colts The charity operates a ¢Jefined conlribulion pen$n schen for employees. The assets of the $¢heme are held 5eparatety Irom those ol the Charity The annual conlribub.ons payab are charg8d lo Ihe Stslement of Finanaal Adivty. T•x¥tlon The charity is an exempt charity wthin the meaning ol Schedu 3 of the Chanlie$ Act 2011 and Is ¢onsidered to pass the tests set out in Por8graph 1 Schedule 6 Finan¢t A¢1 2010 and therelor Il meets the definrtion ol a ¢hanlable coftwany lor UK corporatKJn tax purposes. Goln9 conc•m The financial $18lemenls have been prepared on a going concern basis as Ihe trustees believe that no malerial uncertainties èxist. Thè Iruslees have eonside the level of funds held and the expected Je¥el ol income and expenditu for 12 mnths from aythorising Ihese finanual slalements. The budgeted incomè and expenditu is suffKient ilh the lev•1 of rs¥r¥e¥ for Ihe charity to b8 able to continue as a gtsing Concem. Judg•m•nts and key •our¢e¥ of e8tIOn uncertainty The preparation of the financial statemènts requires managerrenl to make wdgÈments, 98bm8tes and a5surnplions that affecl the amounis reported. These eslimates and jUdgenntS are Coniinually revWe and are based on expenence and other fadors. induding expectations of future events Ihat are believed to be feasonable under the orcumstsn¢es. Page.. 9
GRANTHAM COMMUNif( HERITAGE ASSOCIATION LIMITED Notes to the Financial Statements for the period ended 30th De¢ember 2023 2. Income from Charltable Actlvltles 2023 Unre¥tricted Restricted Funds Funds 2022 Total Totsl Shop Income Coffee Shop Room Hire Office Rental Loan Boxes Event5 Exhibrtionl Gravity Fld$ Sponsorship 1.269 1,162 16.012 1.269 1,162 16.012 1,326 431 13,559 35 18.483 18,483 15,351 In¢orTP from Charrtable Activrties wa5 £18.48312022 - £15.3511 of which £nil12022- £nill Vfds attributable to endovKrents. £nil12022 - £nill was albU1ab lo stred and £18.48312022- £15.3511 was attributable to Un$trled funds. Income frorn Government Grants 2023 Unrestrict•d Restricted Funds Funds 2022 Total Tot¥1 Grants 4.849 4.849 4.849 Income from Go¥emment Gran15 was £4.84912022 - £nill of vthich £nil12022 - £nill was attributab to endowments, £nil12022- £nill was attnbutable to restricled and £4.84912022- £nill was attributable to Lbnrestricted lund$. In¢om* from Donations and Legacies 2023 Unrestricted Restrict•d Funds Fund 2022 Totsl Total Donations 5,994 2,713 5.994 Income from DonatK)ns and Legaues was £5.99412022 - £2.7131 of b¥hith £nil12022- £nill was attnbLrtable to en¢j0entS. £nil12¢Y22- £nill was attributabk to restricted and £5.99412022- £2.7131 was attributable lo unrestricted funds. Page. 10
GRANTHAM COMMUNITY HERITAGE ASSOCIATION LIMITED Notes to the Financial Statements for the period ended 30th December 2023 3. Expendlture on charfitsbl• aetivitfi•¥ 2023 Unr88tri¢t•d Restricted Fund• Funds 2022 Total Total Shop Coffee Shop Event Costs Rates and Wat•f Li9fit and H•at Wages Pension Repairs and Rene415 Printing Tdephone and 8roadb•rKI Cleaning Waste Disposal Insurance Independent Examination Fees Statue Expenditure Prolè85ional Fee8 25 372 25 372 8.095 10.801 10.801 11,500 14 6.331 4.288 4.288 1.554 352 3.279 217 3.144 2.828 3.279 31.498 31.498 32,222 £nil12022- £nill of the above costs r• #ttribul8b to enonent lutyJ$ £nil12022 - £nill of the above costs We attribuiable lo re8iricted fijnds £31.49812022 . £32,222) ol the abovè ¢0315 were artributable lo unrestrled lunds. £nil12022 - £nill of ihè above cosls attnbuiable lo restricteil funds 4. Employ•• Emolym•nt• 2023 2022 Wages and sa18rS 10.801 11,500 10.801 11,500 The a no empkJye•$ who received emolurnents exce•ding £fjO.C 2023 2022 Average number of eryyloyees during the year 5. Truste r•munoratlon and •xport• The was trustee remuneration an(J other benefrts for the period ended 30th DecenJer 2023 of £7.57512022- £7.0801. There no trustees, expenses paNJ or reimbursed for the penod ended 30th December 2023 12022 £nill.
GRANTHAM COMMUNITY HERITAGE ASSOCIATION LIMITED Notes to the Financial Statements for the period ended 30th December 2023 6. Tanglbl• flxed a8set8 Comput•r Equlpm•nt Total C08t At 31 st December 2022 Additions 1.385 1,662 1,385 1,882 AI 30th Dectsrnber 2023 3,047 3,047 D•pMelatlon At 31 st Decembèr 2022 Charge for the year 1,339 254 1,339 254 At 30th December 2023 1,593 1,593 Net book valu• Al 31sl Decernber 2022 48 46 AI 30th Deeember 2023 1.454 1,454 7. D•btorn 2023 2022 Ca8h al bank and In hand Stock 10,754 175 19,161 200 Credltor• 2023 2022 Social Security Wages Payables Trade Creditors Accruals 725 1,386 1.872 1.730 Pa9è.' 12
GRANTHAM COMMUNITY HERITAGE ASSOCIATION LIMITED Notes to the Financial Staternents for the period ended 30th December 2023 9. Funds At 31 Dec 2022 Incoming Outgoing Resources Resources At 30 D•¢ 2023 Transfers Unrestrlcted lunds Gèneral tsnd 15,424 29.486 (34.2571 10.653 Restricted funds Ststue Totsl funds 15.424 29.486 134.2571 10,653 The fvnds are ccw)strtuted as followE'. 2023 Unrestricted Restrict•d Funds Fund5 2022 Total Total Fixed assets Stocks Debtor5 Cash at bank and in hand Créditors. Amounts falling due ¥thin one year 1.454 175 1.454 175 2CM) 10.754 10,754 19,161 11.7301 11.7301 13.9831 10.653 10.653 15.424 10. R•stricted Funds There We no new restricted funds during thè year. 11. R•lat•d parties MalcJ)m Robbins, the Chaii of the chanty. rents office space mnthly from the charrty. The iotsi rent received trom this indmdual ft)r the year was £5.7(KI12022 - £5.7001. There were no amounts ou15tanding al the year end12022 - £nill. Rent is charged on nom1 Comnral tern. Pa9è." 13
GRANTHAM COMMUNITY HERITAGE ASSOCIATION LIMITED Notes to the Financial Statements for the period ended 30th December 2023 Pages 15 to 16 also fonn part gf these fvianual statem&nts and show the CCMnpatlv• 2022 figures. Page." 14
GRANTHAM COMMUNITY HERITAGE ASSOCIATION LIMITED Notes to the Financial Statements for the period ended 30th December 2023 12. Fund comparatives ststement of Financial Activity 2022 Unre8trlctsd RtrIcted fund funds Total Ineom¢ Irom.. Oonalions and legg¢1&$ Grants Charitable activities Other Inve8lmen13 2.713 2,713 15.351 15,351 23 23 Total Incomlng rnJource• 18.087 18,087 Exp•ndltur• on.. Raising funds Chari18ble activitie Other 32.222 1.161 32.222 1.161 Totsl •xpend•d r•sour¢e• 33.383 33,383 N•1 •xpendlture 115,2961 115,2961 N•t fflov•m•nt In fund• 115,2981 115,2961 Reconclllatlon of fund•'. Toial lunds brought foMard 30.720 30.720 Totsl fundj carrled 10Th¥ord 15,424 15,424 Fund$ At 31 O•c 2021 Incoming Outgolng Resour¢e• Resource$ At300? 2022 Trnn8fer8 Unr••trlet•d lunds General funt# 30,720 18.087 133,3831 15.424 R•8trleted fund¥ Statu• Total funds 30 720 18087 33 383 Page." 15
GRANTHAM COMMUNITY HERITAGE ASSOCIATION LIMITED Notes to the Financial Statements for the period ended 30th December 2023 12. Fund ¢omparative$ lcontlnued Funds The funds are constituléd as follows". 2022 Unrestricted R•strict¢d Funds Fund$ Total Fixed a58et5 stock5 Debtors Cash at bank and in hand Creditors. Amounls falling due within one year 200 200 19,161 19,161 13.9831 13.9831 15,424 15,424 Page.. 16