Moore
Thompson
COMPANY REGISTERED NO: 07743618
GRANTHAM COMMUNITY HERITAGE ASSOCIATION LIMITED
CHARITY COMMISSION REGISTERED NO: 1145473
STATEMENT OF ACCOUNTS
for the period ended
30th December 2024

GRANTHAM COMMUNITY HERITAGE ASSOCIATION LIMITED
Contents Page
for the period ended 30th December 2024
INDEX
Legal and Administrative Information
Trustees, Annual Report
Independent Examinerfs Report
Statement of Financial Activities
Balance Sheet
Notes to the Accounts
8-16

GRANTHAM COMMUNITY HERITAGE ASSOCIATION LIMITED
Legal and Administrative Information
for the period ended 30th December 2024
Directors l Trustees
Vivienne Reichelt - Chair (Appointed 0710612024)
Chloe Rollings (Appointed 0111012024)
Lee Steptoe (Appointed 1610912025}
Malcolm Robbins
Marilyn Edwards (Resigned 0610612024}
Amanda Schonhut {Resigned C610612024)
Nicholas Jones (Resigned 0810512025)
Registered Office
Grantham Museum
St Peters Hill
Grantham
Lincolnshire
NG31 6PY
Independent Examiner
E. Wilson FCCA ACA
Moore Thompson
27 Market Place
Market Deeping
Peterborough
PE6 8EA
Bankers
HSBC
88 Westgate
Grantham
Lincolnshire
NG316LF
Page.. 1

GRANTHAM COMMUNITY HERITAGE ASSOCIATION LIMITED
Annual Report
for the period ended 30th December 2024
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present
their report with the financial slalemenls of the charity for the period ended 30 DeTrmber 2024. The
trustees have adopted the provisions of the Statement of Recommended Practice ISORPI applicable lo
charities preparing their aecounls in acco¥dance with the ' Financial Reporting Standard applicable in the
UK and Republic of Ireland, IFRS1021.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is consliluled by Ils governing document, and con51ilutes a limited company. limited by
guarantee, as defined by the Companies Act 2006 via Memorandum and Articles of Association adopted
12 January 2012.
The charity 15 a registered charity with the Charity Commission and it's registration number 1$ 1145473.
The charity's company number Is 07743618.
Induction of new trustèès
Trustees are elected by the Members at an Annual Geneml Meeting. but others may be co-opted
be￿een Annual General Meetings. Candidates are invited based upon their knowledge and abilities in a
broad range of relevant disciplines including Charity and career experien￿, which benefits the charity
and assists in the pursuit of our Objects. Appropriate Induction training and guidance is available where
needed.
OBJECTIVES AND ACTIVITIES
Objectives and aims
The Aims and Objectives remain unchanged.. to provide a highquality. sustainable and inclusive
community museum service to the people of Grantham and the surrounding area that educates, infomis
and inspires all generations. and lo provide an accessible hub loealion for all stakeholders.
During 2024. Granlham Community Heritage Association Limited, trading as Granlham Museum,
continued lo operate and develop ils provision in a challenging financial environment. The Museum has
remained focused on delivering an unrivalled community serviTr while working lo generate sustainable
income lo support Improvement and long-temi development.
The need to implement cosl-cutting and cosl-reduclion measures has continued, reflecting the ongoing
impact of reduced posl-covid income levels and sustained high energy and operating costs. Despite
these pressures. the Museum has maintained Its commitment to free public aC￿sS and inclusivity.
The Museum has continued lo explore grant funding. partnership and commercial opportunities to
support development, slabili5e income streams and expand educational and community engagement
activity, ensuring resilience and sustainability for the future.
Achievements and performance
Museum foottall during 2024 has continued to improve, although visitor numbers remain below pre-
Covid levels. Income from room bookings and tenants has shown further recovery, but the Museum has
not yet re*slablished the full range or frequency of community room hires and fundraising events, such
as craft fairs. seen in previous years.
A limited programme of community events and activities was delivered during the year. The Museum's
focus moving forward remains on rebuilding school visits. community group engagement and
participatory aclivilies. This work continues in a competitive local environment. with multiple venues
seeking bookings and ongoing pressures on school budgets. The Museum remains grateful for the
continued support of individuals and organisalions who have contributed financially to help maintain
viability.
Volunteer recruitment remained a priority throughout the year. The Museum benefited fiom the continued
involvement of experienced volunteers, including the Exhibition Director, and ongoing efforts were made
to broaden volunteer capacity across operational and engagement roles.
Page: 2

GRANTHAM COMMUNITY HERITAGE ASSOCIATION LIMITED
Annual Report
for the period ended 30th December 2024
Achievements and pgrformancg continued
The Museum delivered a varied programme of temporary exhibitions during the year. maintaining the
objective of refreshing al least two exhibitions annually. Exhibitions included displays focused on local
heritage. art. and specialist collections. alongside loaned material. The Museum also progressed the use
of on-site space for ceramir3 activity. including kiln installation, workshops and commission-based retail
opportunities. supporting creative practi￿ and Income generation.
Museum representatives continued lo engage with local and regional partners. attending networking and
civic events including tourism. lown-centre and cultural forums. st￿ng1henIng the Museum's profile and
collaborative relationships.
The Museum further developed Ils digital presence during 2024, continuing work with Granlham College
lo improve website functionality and content. and expanding social media activity lo enhance
communication with visitors. volunteers and stakeholders The international relationship with the Ronald
Reagan Birthplace Museum in Tampico, Illinois was maintained. reflecting Granlham's historic pairing
with Tampico and shared heritage links.
Granl-seeking activity continued throughout the year. The Museum benefited from previously secured
funding, including environmental monitoring Improvements and project support through Arts Council and
South Kesteven District Council initiatives Community Cabinets We￿ installed and made available for
use by community groups and individuals to display collections and stories.
Discussions with South Kesteven District Council continued regarding lease arrangements. energy costs
and the long-lerm sustainability of the building. Exploratory discussion5 regarding potential shared use of
space were also held. although no Changes were implemented during the year.
Financial Review
The financial results are shown in the Statement of Financial Activities, Balance Sheet and associated
notes on pages 6 10 16.
Income streams including the gift shop, coffee provision. room hire and offiTr rents continued to recover
gradually during 2024, though not lo pre-covid levels. Fundraising activity remained limited due lo
financial and capacity constraints.
High energy costs continued to place significant pressure on operating budgets and remained the
primary financial challenge during the year. As a result, the Museum continued to rely on careful financial
management and, where necessary. the use of reserves.
The Museum again benefited from financial support provided by supporters, which contributed to
covering essential running costs and helped slabilise the financial position. Cosl-reduction measures
remained in place where possible. though unavoidable expenditure, including major lift repairs and
ongoing energy costs, continued lo impact the Museum's financial resilien￿.
Future Developments
The Museum will continue to implement ils revised five-year plan, focusing on regular exhibition
turnover, enhancement of pemianent displays and improved visitor experience. Work with established
agencies and partners will continue lo strengthen provision and increase visitor attraction.
Planned and developing projects include the installation of a working model of Granlham Railway
Station, expansion of the Community Cabinets programme, development of a Granlham Timeline.
increased use of digital and video inlerprelation, and participation in the Arnhem Trail and associated
exhibition marking the 80th anniversary in 2024.
The Museum will continue to develop and strengthen relationships with key stakeholders Including
Lincolnshire Heritage. Arts Council England. Museum Development East Midlands. South Kesteven
Distnct Council. Grantham College and othtrr partners. Grant funding opportunities will continue lo be
pursued, although financial constraints may limit aC￿sS to schemes requiring match funding.
Key ongoing priorities include renegotiation of lease arrangements, continued review of energy and
operating costs. recruitment of additional Directors and Trustees. renewed engagement with schools.
and review of the long-term location, care and Jnterpretatton of the Grantham collection.
Risk management
The trustees have a duty to identify and review the risks lo which the charity Is exposed and to ensure
appropriate controls are in place to provide reasonable assurance against fraud and error.
Page.. 3

GRANTHAM COMMUNI￿ HERITAGE ASSOCIATION LIMITED
Annual Report
for the period ended 30th December 2024
Public Benefrt
The trustees have considered the Chanty Commission's guidance on public benefit and believe that the
objects and activities undertaken by the chanty meet this guidance. Services are provided free of charge
to clients and the charity u*"lises funding from restn"Gied sources ensuring these services remain
¢h8ritable.
Re8erie8 policy
It is the policy of the Iruslees lo retsin 12 monlhs of expenditure wthin unrestricled reserves in order lo
have sufticient resources for unexpected reduth'ons in Income.
Trustees Responsibilities
The trustees are responsible for prepafing the trustee5' annual report and the financial statements in
accordance with applicable law and United Kingdom Accounbng Standards (United Kingdom Generally
AC￿?ted Accounting Practicel.
Company law requires the trustees to prepare financial statemen15 for each financial year. which give
true and fair view of the slate of affairs of the charrtable eompany and of the incoming resources and
application of resour￿$. including the income and expenditufe. of the charitsble company for that
period. In preparing these financial statements. the trustees are required lo..
Select surtable accounting policies and then apply them consistently.,
Observe the methods and prinaples In the Chanties SORP,
Make judgements and estimates that are reasonable and prudent..
State whether applicable UK AccOun￿.￿g Standards have t)een followed. subject lo any
material departures disclosed and explained rn the financial statements
Prepare the financial statements on the going con￿rn basis unless il is inappropriate lo
presume that the chantsble company wll continue in operation.
The Iruslees are responsible for keeping proper accounting records that disc105e with reasonable
accuracy al any bme the financial positson of the charitable company and enable them lo ensure that the
financial statements comply with the Companies Act 2006 They are also responsible for safeguarding
the assets of the charitable company and hence for taking reasonable steps fof the prevention and
delectson of fraud and other irregularities.
FOR AND ON BEHALF OF THE TRUSTEES
Mrs Vivienne Reichelt
Chair
Date".
30-3-2
Page". 4

Independent Examiner's Report to the Trustees of
GRANTHAM COMMUNITY HERITAGE ASSOCIATION LIMITED
I report to the charity trustees on my examination of the accounts of the company for the period ended 30th
December 2024 which are set out on pages 6 to 16.
Responsibilities and basis of report
As the charity trustees of the company {and also its directors for the purposes of company law) you are
responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2006
{'the 2006 Act,).
Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the
2006 Act and are eligible for independent examination. I report in respect of my examination of your company's
accounts as carried out under section 145 of the Charities Act 2011 ("the 2011 Act"). In carrying out my
examination I have followed all the Directions given by the Charity Commission under section 145{5)(b) of the
2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection
with the examination giving me cause to believe that in any material respect-.
accounting records were not kept in respect of the company as required by section 386 of the 2006
Act., or
the accounts do not accord with those records. or
the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other
than any requirement that the accounts give a 'true and fair view, which is not a matter considered as
part of an independent examination; or
the accounts have not been prepared in accordance with the methods and principles of the
Statement of Recommended Practice for accounting and reporting by charities applicable to
charities preparing their accounts in accordance with the Financial Reporting Standard applicable in
the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which
attention should be drawn in this report in order to enable a proper understanding of the accounts to be
reached.
E. Wilson FCCA ACA
Moore Thompson
Chartered Accountants
Market Deeping
Date.Ii I c￿1￿[
Page.. 5

GRANTHAM COMMUNITY HERITAGE ASSOCIATION LIMITED
ststement of Financial Activity (including income and expenditure account)
for the period ended 30th December 2024
Notes
2024
Unrestricted Restricted
funds
funds
2023
Total
Total
Income from:
Donations and legacies
Grants
Charitable activities
Other
Investments
4.774
16.740
10,283
5,321
195
4,774
16.740
10,283
5,321
195
5,994
4,849
18,483
160
Total incoming resources
37.313
37,313
29,486
Expenditure on:
Raising funds
Charitable activities
Other
42,632
898
42.632
898
31,498
2,759
Total expended resources
43.530
43,530
34,257
Net expenditure
{6,217)
(6,217)
{4.771)
Transfers between funds
Net movement in funds
(6.217)
(6.2171
14.771}
Reconciliation of funds:
Total funds brought forward
10.653
10,653
15.424
Total funds carried forward
4.436
4,436
10,653
All income and expenditure derive from continuing activities.
The statement of financial activities includes all gains and losses recognised during the year.
Page.. 6

GRANTHAM COMMUNITY HERITAGE ASSOCIATION LIMITED
Balance Sheet
at 30th December 2024
2024
Note Unrestricted Restricted
Funds
Funds
2023
Total
Total
Fixed assets
Tangible assets
1,039
1.039
1,454
Current assets
Stocks
Debtors
Cash at bank and in hand
31
400
12,358
31
400
12,358
175
10,754
12.789
12,789
10,929
Creditors..
Amounts falling due within one
year
9.392
9,392
1,730
Net current assets
3,397
3.397
9,199
Total assets less current liabilities
4,436
4,436
10.653
Funds
Unrestricted
Restricted
4,436
4.436
10,653
4.436
4.436
10,653
The trustees are satisfied that the charity is entitled to exemption from audit of the financial statements for
the year under Section 477 of the Companies Act 20061.the 2006 AcV'} relating to small companies and
that the members have not required the company to obtain an audit in accordance with Section 476.
The trustees acknowledge their responsibilities for_.
ensuring that the charity keeps proper accounting records which comply with sectson 386 of the 2006
(i} Act, and
(li) preparing financial statements which give a true and fair view of the state of affairs of the charity as at
the end of the financial year and of its profit or loss for the financial year in accordance with the
requirements of section 396, and which otherwise comply with the requirements of the 2006 Act
relating to financial statements, so far as applicable to the charity.
These financial statements have been prepared in accordance with the provisions applicable to
companies subject to the small companies, regime and in accordance with FRS 102 'The Financial
Reporting Standards applicable in the UK and Republic of Ireland..
These financial statements were a
behalf by.
and are signed on their
LJ
Mrs Vivienne Reichelt
Chair
COMPANY REGISTERED NO: 07743618
Page: 7

GRANTHAM COMMUNITY HERITAGE ASSOCIATION LIMITED
Notes to the Financial Statements
for the period ended 30th December 2024
1. Accounting policies
General Information
Grantham Community Heritage Associalion Limited is a charitable company limited by guarantee. In
the event of the charity being wound up, the liability in respect of the guarantee is limited to £10 per
member of the charity The address of the registered office is given on the charity information page
on page 1 of these financial statements. The nature of the charity's operations and principal activities
are set out in the Trustees Report
Basis of Preparation of Financial Statements
The financial statemenls have been prepared in accordance with Accounting and Reporting by
Charities. Statement of Recommended Practice applicable lo charities preparing Iheir accounts in
accordance with Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS
102) leffeclive 1 January 20201- (Charities SORP IFRS102)), the Financial Reporting Standard
applicable to the UK and Republic of Ireland IFRS1021. Ihe Companies Act 2006, the Charities Act
2011 and UK Generally Accepted Accounting Pra¢lice.
The charitable company has applied Update Bulletin 1 as published 2 February 2016 and does not
include a cashflow statement on the grounds that it is applying FRS 102 Section 1A.
The financial statements are prepared on a going concern basis under the historical cost convention,
modified to include certain items at fair value. The financial statements are presented in sterling
which is the functional currency of the charity.
The significant accounting policies applied in the preparation of these financial statements are set
out below. These policies have been Consistently applied to all years presented unless otherwise
Public bonefit
The charitable company's objectives and activilies are in accordance with the Charity Commissions
general guidance on public benefit.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the
trustees.
Restricted funds can only be used for particular restricted purposes with the objectives of the charity.
Restrictions arise when specified by Ihe donor or when funds are raised for particular restricted
purposes.
Incoming resources
All incoming resources are included on the Statement of Financial Activities when the charity is
legally entitled to the income and the amount can be quantified wilh reasonable accuracy.
Resources expended
Expenditure is included in the statement of financial activities on an accruals basis and has been
classified under headings that aggregate all cost related lo the category Where costs cannot be
directly attributed to particular headings they have been allocated to activilies on a basis consistent
with the use of resources. Grants offered subject to conditions which have not been met at the year
end date are noted as a commitment bul not accrued as expenditure.
Page.. 8

GRANTHAM COMMUNITY HERITAGE ASSOCIATION LIMITED
Notes to the Financial Ststements
for the period ended 30th December 2024
1. Accounting policies (continued)
Allocation and apportionment of costs
Charitable expenditure comprises those costs incurred by the charity in the delivery of it's activities
and services for its beneficiaries.
Governance costs include those costs associated with meeting the constitutional and statutory
requirements of the charity and include the audit fees and costs linked to the strategic management
of the charity.
Support costs include all those overhead costs for utility services, and other services and costs,
which are in support of the activity They have been allocated to activity cost categories on a basis
consistent with the use of resources.
Fixed assets
Tangible fixed assets are stated at cost or valuation less accumulated depreciation.
Depreciation is calculated so as to write off the cost of an asset. less its estimated residual value,
over the useful economic life of that asset as follows
Computer equipment
25% Straight Line
Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.
Debtors and creditors receivable I payable within one year
Debtors and creditors with no slated interest rate and receivable or payable within one year are
recorded at transaction price. Any losses arising from impaimient are recognised in expenditure.
Pension costs
The charity operates a defined contribution pension scheme for employees The assets of the
scheme are held separately from those of the charity The annual contributions payable are charged
to the Statement of Financial Activity.
Taxation
The charity is an exempt charity within the meaning of schedule 3 of the Charities Act 2011 and is
considered to pass the tests set out in Paragraph 1 Schedule 6 Finance Act 2010 and therefore it
meets the definition of a chantable company for UK corporation tax purposes.
Going concern
The financial statements have been prepared on a going concern basis as the trustees believe that
no material uncertainties exist. The trustees have considered the level of funds held and the
expected level of income and expenditure for 12 months from authorising these financial statements.
The budgeted income and expenditure is sufficient with the level of reserves for the charity to be
able to continue as a going concern.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates
and assumptions that affect the amounts reported These estimates and judgements are continually
reviewed and are based on experience and other factors, including expectations of future events that
are believed to be reasonable under the cirCumstan￿s.
Page.. 9

GRANTHAM COMMUNITY HERITAGE ASSOCIATION LIMITED
Notes to the Financial Statements
for the period ended 30th December 2024
2. Income from Charitable Activities
2024
Unrestricted Restricted
Funds
Funds
2023
Total
Total
Shop Income
Coffee Shop
Room Hire
Office Rental
Loan Boxes
644
120
836
8,683
1,269
1,162
16,012
120
836
8,683
40
10,283
10,283
18,483
Income from Charitable Activities was £10.28312023 - £18.483) of which £nil {2023 - £nil) was
attributable to endowments, £nil (2023 - £nil) was attributable to restricted and £10,28312023 -
£18,483) was attributsble to unrestricted funds.
Income from Government Grants
2024
Unrestricted Restricted
Funds
Funds
2023
Total
Totsl
Grants
16,740
16,740
4,849
16.740
16.740
4,849
Income from Government Grants was £16,740 (2023 - £4,849) of which £nil {2023 £nil} was
attributable to endowments, £nil {2023 £nil) was attributable to reslricted and £16.740 {2023 -
£4.849) was attributable to unrestricted funds.
Income from Donations and Legacies
2024
Unrestricted Restricted
Funds
Funds
2023
Total
Total
Donations
4,774
4,774
5,994
4.774
4.774
5.994
Income from Donations and Legacies was £4,774 (2023 - £5,994) of which £nil (2023 £nil) was
attributable to endowments. £nil {2023 £nil) was attributable to restricted and £4,77412023 -
£5,994) was attributable to unrestricted funds_
Page.. 10

GRANTHAM COMMUNITY HERITAGE ASSOCIATION LIMITED
Notes to the Financial Statements
for the period ended 30th December 2024
3. Expenditure on charitable activities
2024
Unrestricted Restricted
Funds
Funds
2023
Total
Total
Shop
Coffee Shop
Event Costs
Rates and Water
Light and Heat
Wages
Pension
Repairs and Renewals
Printing
Telephone and Broadband
Cleaning
Waste Disposal
Insurance
Independent Examination Fees
Accountancy Fees
Statue Expenditure
Professional Fees
702
702
25
372
38
6,605
10.800
6,605
10,800
8,095
10.801
4,010
4,010
4.288
2,133
750
379
3.426
1,632
1,396
2,133
750
379
3,426
1.632
1,396
1.900
352
3.279
1,554
794
10,799
10,799
42.632
42,632
31,498
£nil (2023 £nil) of the above costs were attribulable to endowment funds. £nil12023 £nil) of the
above costs were attributable to restricted funds £42,632 {2023 - £31.4981 of the above costs were
attributable to unrestricted funds £nil (2023 £nil) of the above costs were attributable to restricted
funds.
4. Employee Emoluments
2024
2023
Wages and salaries
10,800
10,801
10.800
10.801
There are no employees who received emoluments exceeding £60,000
2024
2023
Average number of employees during the year
5. Trustees remuneration and expenses
There was trustee remunefation and other benefits for the period ended 30th December 2024 of
£6.686 12023 - £7.5751
There were no trustees, expenses paid or reimbursed for the penod ended 30th December 2024
{2023 £nil)
Page.. 11

GRANTHAM COMMUNITY HERITAGE ASSOCIATION LIMITED
Notes to the Financial Statements
for the period ended 30th December 2024
6. Tangible fixed assets
Computer
Equipment
Total
Cost
At 31st December 2023
Additions
3,047
3,047
At 30th December 2024
3,047
3,047
Depreciation
At 31st December 2023
Charge for the year
1.593
415
1,593
415
At 30th December 2024
2.008
2,008
Net book value
Al 31st December 2023
1.454
1,454
At 30th D￿ernber 2024
1.039
1,039
7. Debtors
2024
2023
Cash at bank and in hand
Stock
12,358
31
10,754
175
Trade Debtors
400
10 929
8. Creditors
2024
2023
Social Security
Wages Payables
Trade Creditors
Accruals
62
2,512
4,952
1,866
1,730
9392
Page. 12

GRANTHAM COMMUNITY HERITAGE ASSOCIATION LIMITED
Notes to the Financial Statements
for the period ended 30th December 2024
9. Funds
At 31 Dec
2023
Incoming
Resources
Outgoing
Resources
At 30 Dec
2024
Transfers
Unrestricted funds
General fund
10,653
37,313
(43,530)
4,436
Restricted funds
Statue
Total funds
10.653
37.313
143,5301
4,436
The funds are constituted as follows..
2024
Unrestricted Restricted
Funds
Funds
2023
Total
Total
Fixed assets
Stocks
Debtors
Cash at bank and in hand
Creditors. Amounts falling
due within one year
1,039
31
400
12,358
1,039
31
400
12,358
1,454
175
10,754
19, 392)
(9,3921
(1,730)
4,436
10653
10. Restricted Funds
There were no new restricted funds during the year.
11. Related parties
Malcom Robbins, a trustee of the charity, rented office space monthly from the charity which came to
an end during the 2023 year end. The total rent received from this individual for the year was £nil
12023 - £5,700). There were no amounts outstanding at the year end {2023 - £nil). Rent is charged
on normal commercial terms.
Page.. 13

GRANTHAM COMMUNITY HERITAGE ASSOCIATION LIMITED
Notes to the Financial Statements
for the period ended 30th December 2024
Pages 15 to 16 also fonn part of these financial statements
and show the comparative 2023 figures.
Page.. 14

GRANTHAM COMMUNITY HERITAGE ASSOCIATION LIMITED
Notes to the Financial Ststements
for the period ended 30th December 2024
12. Fund comparatives
Statement of Financial Activity
2023
Unrestricted Restricted
funds
funds
Total
Income from:
Donations and legacies
Granls
Charitable activities
Other
Investments
5,994
4.849
18,483
5,994
4,849
18,483
160
160
Total incoming resources
29.486
29,486
Expenditure on:
Raising funds
Charitable activities
Other
31,498
2.759
31,498
2,759
Total expended resources
34,257
34,257
Net expenditure
(4,771)
{4,771)
Net movement in funds
14.771)
(4,771)
Reconciliation of funds:
Total funds brought forward
15,424
15.424
Total funds carried forward
10,653
10,653
Funds
At 31 Dec
2022
Incoming
Resources
Outgoing
Resources
At 30 Dec
2023
Transfers
Unrestricted funds
General fund
15,424
29,486
(34,257)
10,653
Restricted funds
Statue
Total funds
29 486
34 257
Page.. 15

GRANTHAM COMMUNITY HERITAGE ASSOCIATION LIMITED
Notes to the Financial Statements
for the period ended 30th December 2024
12. Fund Comparatives (continued
Funds
The funds are constituted as follows..
2023
Unrestricted Restricted
Funds
Funds
Total
Fixed assets
Slocks
Debtors
Cash at bank and in hand
Creditors.. Amounts falling
due within one year
1,454
175
1,454
175
10.754
10,754
{1,730)
{1,730)
10.653
10,653
Page. 16