Moore
Thompson
Try￿ett Adwsers
chart￿9# 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 AC￿Unts
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 tr￿tee5 a￿ also dIrec￿S 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 prow*ons ol Ihe slai￿rn of Rer*jMft*￿éfj Pracbce ISORPI apF4Ic8ble lo
Chantyes prepanry tr￿1r accowt5 in ar£ordarKe 14ith the. Repw statmlard 4p￿1(¥)* In ihe
UK and Re￿tI￿ ol IrdaThY IFRS1021.
8TRUCTURE, GOVERIIAIICE AND IAAIIAGEMeMT
Gov•mlng documgni
The chanty 1$ ¢on$biuted ty rts govermq ¢JOrjJTh￿. aTrJ c(•5b"lutes a Imnited cJ)ftyany. IimW by
gU8raniee. as defined ty the Ccryan*s Atl 2￿ry ar¥1 NJbc4e5 ofA86oclab'￿ adoptri
12 January 2012.
The chanty L8 a eh•ftywth Ch•rtyCc¥nmwM registrgbw 1$ 1145473
The chantys ¢￿panY TrJmt*r li 07743618.
Inductbon of n•* tN•t••ts
TnJ51ees aTe electeil by Il* Memt•ry knMI I￿r￿J. twjtothws may t¢ ¢w
en Annual MeetsryJs C*)thdaies we *ivrted riased th*r knrmledge and abiithe$ In •
tKoad r8ThJe of re*vanl th50phrEs chanty 8Tr1 career exce￿￿. ber*frts ihe charty
•nd in the C*Ras A￿￿te trwr*r#J is av•ilat4e
OBJECTNes AND ACTNinvd
Oty•ctl¥•8 •nd alm
The Ajms ow1￿3 iem•in lo W0￿de a Wh rpJaiity. S￿1￿1￿•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 w￿hde an a¢c4•th for li stake1￿Id￿.
Overthe pasl Je8r, G¢wmwity wiage A#￿1￿￿¢¥b trg(Ir#J 88 Granih•m
lo operale lo ￿0¥*Je a quality xrvu able ge￿8￿ a ol
IUslainBb* Incoff* lo en8ts￿ Inyov*wt d¢¥eicsNwi ol Musethrn PFOWSlL¥I lo ils
siakehohlers Ttsfe o Slill Ir* ty¥¢yr¥J lo IM￿r￿rt Cost aTrJ rethjdim m8a5urv¥ to
oyJnler IM C￿lIn￿ryJ sqThfthii of in¢tyrn ¢omparoY to pre.crmd ￿ar8 aTrJ th¢ wxpe(knl aTrJ
Ir*r•aae In 8￿ra¥ aTrJ cosi ot IMThI CQSIS
The Mwm •no wll cor11￿ to ewrye aTrJ Corr￿*r￿al (4)r*M￿ 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 leN*s and loom bookiNJs *d tenani have Inyo¥ed ihe m￿eum tt•s yth 10 r•.
esiatyi$h olcommurmty form bookir￿S aThJ fvThJ-f8lSlNJ e¥*rf¥. $LKh as Craft Fairn ai In
wev1￿8 ￿01$. A Iimied ol comwMtye¥tnts aThY ac1M￿s *tre $wpDrled. the ￿11
now be cffl reco¥enry sr*ocl OPPMuThbes commwwty bcokirys ￿re Ihe li
cyeraiirvj in a vtty Compeithve area wih many kncal bc¢Jies see￿ThJ io hire oth Trir wemL8e8. 8TrJ
8c*od ￿￿get$ under KKes$ure The w83 grate￿1 thal came ftywJrd10 &5si¥I ihe
Kluseum rernainng ￿able ty cob*nrKJ a w0porti￿ of tuMir¥J c0515
The MLtseum to xek athYth>nal ¥d￿leerS arbJ has been Icyhmate in allra¢bffj • qualified aTrJ
expenenced rnu5•Jm volunieei toIC￿ the as Exhitxlion Museum cOThbn￿d
¢$tablisw lxogr•￿ lo charHJE at ￿¥1 knrvJ Ihe p￿￿1. thi$ Ropsley
Heath Light RaiK%4y. a Coronabw ￿￿￿aY reFYe%enbry t￿13￿1 ihree UK cLKOn•ti￿s. &aniham CrAleg0
Art Display. Ceramics Di$￿aY aTrJ a co1￿￿)n of Sil%*r P￿r Ewtsnsl Ite￿￿ on loan from Sl.
Seba51ians ChLKch. Greal Grrnty ￿ muse￿ h•$ atso yeed lo r¥)t space 10 ￿1¢ a (xrnrrMCS kiln
on site. 10 t*ovwJe Tenbj space ftr warThca rela4 space for cer8mic s8*8 M a
comrniss¢r￿ basi5.
PluseL¥n n*mbers 8fteTh￿ InawJur4 olts Granttwrn T￿ Team L•wch. South
Kesleven T￿r￿ffl VeThJe5 E%wt. SK ￿ Tthyay La￿th 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 acilw￿e5 10 m81n￿1n and
Improve conlacl wlh Ihe coffjrnuThty. 51aff. vdunieer$. anu siakehoiders F￿10￿￿n9 an iniliai appTOSLI).
the Museum e51ab115hed conlact vAlh Ihe Ronald Rea9an BIrth￿&t Museum in Tampico. Illinths
followrvJ Ihe Granthèm'pairing relalion5hip' ￿1th Tampico, reflecting the special Telatsonship
Maryarel Tnaich8r and Pre&id8th Rea98n In 19808
The museum conbnued lo seek granl aid and has been suc￿SSIu1 In oblaining and Installin9 an
improved environmenlal logging sysiem wlh assistance (rom Museum Dewelopmeth Easi Midland$. ha$
reeeiveo grani appioval from Arts Coundl under Ihe Reimagine Graniham Project and recelved a grani
frorn SK District cou￿1 lo pro*rtJ• th• fomTwnityC•birni$" foriiik¢hoKloro •TrJ th8 publlc lo d*sploy
IhEir collections eic
The Museum had Fr￿elIngS %silh SKDC mefflber5 and official concerning Ihe c051 and Iwm leryjth for ihe
renewal of Ihe Buildin9 Lease for Ihe Museum. paniculady In thé Ighl of the cuireni finawal is$ues
f8cing the Mubeum and lh8 Increasing Er￿rgY c081s and C05101 Living Increases M8eliTrJs wre 8180
hekl lo cwsidef the Counul relocating their CuJtomer Se￿1¢￿ pro*ision *ilhin the Museum, bul the
OV8118ble space was deemed Insuffi￿ent.
FIn•n¢￿1 A•Ylgw
The finano81 re$ull5 8re $ho%w In the si8iemenl of Fln8n(aal ￿lI￿lIeS. P818n¢e •8$Ots•ted
n￿e5 on pages 610 16
Ao indicJled eJrtier. the cuslornary Ir*ome Jtrethmo. Gift shop. Coffee shDP. Room Hire and Office fonts
ve affecied dunng ihe year. logelher wlh fundrèising aclivllle8 Such as craft fairs Ir*vllably 8band￿d
because oflhe finanual pressu￿8. The major reason and concern was the 8thJden and unexpected
gnificani InC￿88e In Eneigy Costs vknich seriously affected operaiing c051s and led lo the need lo dr8W
on iThe Muleum's r*s•rv••. Thè hlus8um was. ￿ slaied, f(rtun&te io r￿1¥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$5 On.
Futur• D•¥•lopm•Thts
The Museum wll conlinue lo Implement the rev19ed &year plan going forw8rd 10 provitle 8 regular
exhibiiion lumov•r and developm￿1 of exi8ling perrn8neni exhlblt8 8ThJ wll work %￿lh established
Agencle$ 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$iin9 re181ionship¥ vilh identified st8kehok1ern, Uncoln8Nie
Hen18ge. Arts Counc41. Museum Devdopmeni Ea81 Midlands South Kesieven Di&lrict Counul
departmenls. Granlham College. others. and lo conlinue lo Identify and follow up grant aid
opportunities %**rever possible The fin8nci81 position doe8 reslncl the 8¥ai18blÈ grath¥ lo IhB
Museum where malch funding 15 a co￿J1110n ol the application.
RemainirKJ maior wclivilie8 include. lo renego11810 the current Lease arrangemenlB lor the Museum, lo
¢k)nJlyntly review energy and oltEI C051s. lo appoinl additional Directors and Tru51ee¥. lo impro¥e
nia¢i S¢￿)￿$ and io re¥￿￿ the Ioc*ion 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 ￿9￿re
appropn81e controls are in place 10 provide rea8￿able 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 Corn￿￿9$￿￿.$ gutdance ￿ PU￿1¢ benefil and believe that the
objects athiviti•S L￿dertak$A by the tharity MI￿ thffj guthnce. Servirns are provided free ol char
to clients and the tharty Ytilws IwK*'ThJ Irryn ￿tIM18d swrc8s ensuriThJ servi￿$ 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 pr￿l¢e1.
Cc#npany law requir8s Ihe trust•ès 10 pre￿10 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
F*K#J. In pryring lh￿ linaroal 818t•monts. tho tiuit•gs aro r•quii*l ¢0."
Soleu suitabl? aco)untsng p)1￿8S aThJ thèn apptythèrn c￿9￿ndy..
Ihe ffl•thc*l¥ and prmot4ès in ts Chant* SORP..
Make iudgtrnents and asttmoies Ihat ar• rèasonab￿ aTrJ pwd•nt.'
Sw• whèiher appl￿tIO UK AccO￿tir￿ Sland8rds have l)een Sub￿ to any
material d8parbJr•s discb)se(I èXp¢al￿d in h.￿n(￿ stht•mgnis.
Prgpaie Ih• bnancial sthi•menis on th• c￿ern basis unless Il o Inwcpriate to
pr•sum• thai Ihe char￿e 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 cornpty￿th the Cornpanies Au 2Crf)6. They ar8 atso re$￿SIbl0 lry sateO￿arding
assets ol tho charita￿8 cth7)pony and lor iakjry rnIs￿￿e slops for Ihe prev•nkn and
d•t•ction of Iraud and other Irrwkil￿.¢B.
FOR AND ON BEHALF OF THE TRUSTEES
Ilrs Vivienne Reic*811
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 seCI￿n 145 of the CharIt￿S Act 20111.the 2011 Act-l. In cairyirrtJ out my
gxamination I have lolknved all the Ch're¢b'ons gNen by Ihe Charity Commiss*Jn 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$p8¢t ol lh¢ COm￿nY a8 required by section 386 01 the 2
Act". or
the accounts do nol accord wrth those recofds". or
the aC￿￿nIS do not compty wrth the accounling wuirements of section 3￿ of the 20C6 Act other
than any reouiremenl that the a￿u￿1$ give a'lrue and 1811 v*vl 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 ac￿￿nI•ng and reporling by ¢harrt*s applicable 10
charrties preparing their a¢counls in aC￿rdance wrth Ihe Fwianrial Reporting Slandafd applicablè in
the UK and RepU￿1C 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 Y￿th Section 476.
The Irusiees acknowledge their rosponstkn'lilios lor=
ensuring that the charrty keeps proper accouniing records ctynpty wlh so￿10n 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 provish￿S 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 v￿e 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 •X￿nd•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
w￿h 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.
Gov*m8n¢¥ 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$, and othèr sèrvices and cKJsts.
%thich are in support ol the a¢tNity They have been allocated lo actNity cost ¢atO90ri&s on a bas18
consistenl wth the use ol resourGes.
Flxed a88et8
Tangible f1xed assets are slaled al ¢ost or valuatw ￿5¥ aC￿l￿181ed depre¢thn.
Depreckglion is calculated 80 0$ lo wrrte off the c08t of an assel. less rts e$timaltrd residual value,
over the useful economi¢ Ill¥ ol that asset as lolk>*%'.
Computer eouipmnt
- 25% stra￿ht L
Stocks
Stocks are stated 81 Ihe Icthrr ol cosl and estHnated selling pri¢& less eo616 to complete and 8811.
D•btor• and credltor• r•c•lvabl• I payabl• wllhln one y•ar
Deblofs antj creditors ¥￿th no stated inleresl rate and ￿CeiVable or ￿Y•bI& wthin {￿e year a
record9d al transaction pnce. Any1088es ariBing from irryjainwnl are recognised in expendiluo.
P•n•lon colts
The charity operates a ¢Jefined conlribulion pen$￿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 r*s¥r¥e¥ for Ihe charity to b8
able to continue as a gtsing Concem.
Judg•m•nts and key •our¢e¥ of e8￿￿￿tIOn uncertainty
The preparation of the financial statemènts requires managerrenl to make wdgÈments, 98bm8tes
and a5surnplions that affecl the amounis reported. These eslimates and jUdgen￿ntS are Coniinually
rev￿We￿ 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 F￿ld$
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 a￿lbU1ab￿ lo ￿str￿ed and £18.48312022-
£15.3511 was attributable to Un￿$tr￿led funds.
Income frorn Government Grants
2023
Unrestrict•d Restricted
Funds
Funds
2022
Total
Tot¥1
Grants
4.849
4.849
4.849
Income from Go¥emment Gran15 was £4.84912022 - £nill of vthich £nil12022 - £nill was attributab
to endowments, £nil12022- £nill was attnbutable to restricled and £4.84912022- £nill was
attributable to Lbnrestricted lund$.
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¢j0￿￿entS. £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 Rene￿415
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 en￿o￿nent lutyJ$ £nil12022 - £nill of the
above costs We￿ attribuiable lo re8iricted fijnds £31.49812022 . £32,222) ol the abovè ¢0315 were
artributable lo unrestr￿led lunds. £nil12022 - £nill of ihè above cosls attnbuiable lo restricteil
funds
4. Employ•• Emolym•nt•
2023
2022
Wages and sa18r￿S
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 Decen*Jer 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 nom￿1 Comn￿r￿al 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 CCMnpa￿tlv• 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 R￿trIcted
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