Company Regl¥tration Number, 06959661 Charity Registration Number: 1146726 The Witham Hall Ltd (Incorporating the Annual Report of the Barnard Castle Mechanics, Institute) Financial Statements For the Year Ending 31 December 2023 JANE ASCROFT ACCOUNTANCY LIMITED Chartered accountants Erilerpn House Harmire Enterprise Park Bamard Castle County Durham DL12 8XT A07QMYZ5* 2010712024 COMPANIES HOUSE A13
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The Witham Hall Ltd Financial Ststements Year Ended 31 D•c•mbor 2023 Trustees. Annual Report {IDccyJralirrfJ the Directc<s ReF#yt) Independt Examinerfs Rewt to the Trustees . Statement ol Financial ACtilieS Ilnchjding Income and Expendrture Ant) 10 Statement ol Financial Position 11 Notes to the Financial Statements 12 Th• Following Pays Do Not Forn1 Part of the Finandal Slatem Detailed Slalemenl of FinanLial A"¥"e$ 26
The Witham Hall Ltd Tntstees. Annual R•port {Incorpornting the Dir•ctorfs R•port) Year Ended 31 D•c•mber 2023 The trustees. who are also the direclor5 for the purposes of company law. prèsent their port and the audited financAal statements of the charty for th8 year eThJed 31 December 2023. Ob-ectives and Actl¥' . The objects of The Wtham Hall Limited are.. To promote the benefit of the inhabitants of the aa of benefft without distinG1ions of sex. politul., religious or other OnnS. by associating with local authorities, voluntsry. organizatKJns and the inhabitants in a common effort to advance educatK)n. promote scnCe, art, lrterature and the sprèad of knowledge and to provide facilities for meetings. lectu and dasses olher forms of recreation and leisure lime oc¢upatM)n wth the object of improliing the cOndrtns of life for Ihe inhabitanls. In setting the objects and planning the xtivthes of the Tntst. the Trusiees have carefulty conside the Charty Commtsston's gerwal guidance on pubk benefft. The Tnjstees. Mrterpretstion ofthe objects is to provmle 'somethg for everyone". The above charitable Objeds are lent81 to those of the Bamard cast Me¢hanic's Institute and Iham Hall Communrty Asw"abon whth owns the kand and the buildgS occupied by the Wlham Hall Ltd.
The Witham Hall Ltd Trustees. Annual Report {Incorporating the Directof$ Report) (¢iNiinuodl Yoar Ended 31 December 2023 Achl•¥•m and rfomMncÈ The tha1rJe 012023 was lo tY on striving to t11 a sustainable plarfomi on whth.lo offer a prograrnme of relevant events Iw resJents and visitors and to ensure that the charity's Obj'ect5 were reflected in the publ offer. The theme of -something for everyone" contsnued to drive decisions whKh resulted in a very varied programme." .As in prewous years. the small .slaff leam demmstrated iheir ¢ommitment and enthuSsM lor ensuring eVeryOr received a warm welcorre. Trustee$ successfvlly reuuited Amy. Hughes as the Centre Director. Amy has prwded leadership for hei team and lor volunteers. She is also the primary focus for artists and glts. The progrme could not have been delivered wthoui the indispensable support of our team of volunteers. As wrth the staff leam. each made thr unique contributKJn. Everyone sijpported the efforts of their ¢olléagJe$. arKI all were instnjrnentsl Mi the charty's achievements. The year began wth the ¥wpening ol the remodelled ¢alélbar in the space .at the heart of the building Thè day-h.mè tAIè is a social centre and was used as a wami space within the local atjthority's initiive to support hardship. In the latter part of the year the Wtham Room - the principal "firsl-flw room - wa5 adapte(I to be a small performane space, nduding by adding sound, lighting and flexib slaging. The front ol the building was aly) transfomed ea¢h evening by Ihe a(1don of thealre-style lighting whh show5 off the fine neClaSS design. More and more people recognoed thè building a5 a ¢ommunty arts tlIe. There was no tethnobgy to count fooffall for the whole pmiseS whth indude a shop. gallery, meeting rooms, and music hall in addrtion to the cafélbar space. However. data from the ticketing systems and eslimate5 of partiopanls in(Jicate over 25.( attendances. an inuease of 4,CKJO on last- year. Of these. 17.5Crf).came to INe perfomiances. screenings and films with a further 8,000 attendances al classes and communty a¢tNittes. We also sold over 30,( p$ of lea and coffee which was an indi¢alL¥ of the number of our customers The partopants in events sponsorÈd by private hiTer5 not counted in The Wtham's own sak5 wouKI further inflate the number of participants using the building. Trustees were able to use a grant from the Nat)nal Lottery Hertlage Fu1 INLHFI to commission strategic rev of the business model and operation. The independent consuttant's report induded 26 recommendations. of which only a few coubj nol be condefed a5 wable informants of derAsions. Several recommendalions achieved eally-adopter status. Others will infotrn decisions and actions to be taken frorn 2024 onwards. These induded.lhe need lo increase eamed income through developing and implementing slrategs for fvndraising, markeling and avdEn¢e devebpment,. skill development fw slaff and"vdunteèrs," improving dala for better dectsion making.. erèating a route to susiainabilty by gaining Nali¢)nal Portfolio organiza1 INPOI statu5 Wrth Arts Council England IACE}. The cultural programme included live theatre performances by Bamard caSt'S Castle Players. theatre screenings from the National Theatre. opera and bar1 screened from the Royal Opera House, all genres of music. dance. spokèn-word lectures. as well as the pantomime delivered by our partner Tom Rolfe.
The Witham Hall Ltd Trustees, Annual Rèport (Inco0tIng th• Dlrnctorfs Report) {¢tinUed} Year Ended 31 D•c•mb•r 2023 Achievennts and Perfornne• cominu Highlights of the yearwere.. The Jive Aces- mu&c to make everyme dar Mrs Chufchill- live theatrè from Liz Gland who relumed later in the year with Mrs Roosevelt Top Secrot- the Ma9 of ScRn¢e tsmity slKw4 Steve Richards the welkkncrwn 1ftIcal commenlalty wilh interesting views on the p)lilic81 future ol the UK The Royal Ballet screening of Cinderella - a feast of MUS and spe¢ta¢ular dance The Aquaiius String Quartet on a Sunday aftemcrt)n - wwere able to play in Ihe thaM Room for the first lime Kathryn Ticell and the DaenIng as vlell as the father and daughter duo.. Martin and ElTrza Carthy eaSed our regular fo aUdnCe Tribute band5.' The Jerseys Live. Abba, Simon & Garfunket and Queen proved ever popular The 90s Disckn NvJhl - ran by request from those that attended an 80s night disco earlier in the year China Crisis. Docior FeelgG¥Jd. "kI Dee and the Blow Monkeys were all succe55es. The Castle Hayers produth"on." Our Town was their second show in The Wrtham during the year Carols by Candlelight- retumÈd by request from audIere members Barnard cast Brass 8- who continued- very generously - to be willing to forego part oftheir fee to help with fundraising for The Witharn The WLzaid of Oz- the hugety popujar panlrynwne. whKh was fac so pLyJular that ?.11 have to do it again then, wont we?
The Witham Hall Ltd Trustees. Annual R•port {Incorporating the DiTrctorfs Report) {¢iWlnu•iJ Year Ended 31 Iyecember 2023 Aehi rnian Turrets.. The Wrtham's Youlh Theatre was wofessJnalvzed through the er4Jagement of Christina Castling as leader. Christina was supported by Lra Shaw. Their efforts created a stable organyzation that continued to grow numbers with. young peop on a waiting list. The pièc&de-resistance of the year was the sdl-out Murder Mystery. an evening of memorable entertainment and a lovely supper. seNed throughout the performance by the ¢alélbar staff and huge team of volunteefs. There was creatNity in the perfOrnian space and M) the tiny kitchen area. The Sumrner FestNal. in rt5 thyd year. was a great su¢cess. The weather was not as kind as in Pfeviou5 years, so several sets had to be moved indoors into Ihe vaiious performance spaces inside the Wltham. The 30 groups or solo art15t5 all pulled together over IhÈ tèn weeks and were very mueh supported by locals and day wsbtors alike. The artists thed b&ng part of Ihe festival, and many were keen to retum in 2024 rf they can. They all made a great contribution to our summer actiwties with specAal thanks lo local MUsan Malcolm Elsbury and Ken Tonge from Hop Skfftle Jump as well as the ever-popular O'ukes of S¢arth. Funny Way fo Be Comedy. our Stal-Up comedy partne for Ihe last 14 yèars, presented 25 Sh5 to 4.500 audience members in the year_.Haff of ihe sh$ fulty sold out. Nearly one Ihird of Ih05e tickets were 501d by.The Witham. Highlights in the year induded the Pan"n9 Hell Live Podcast Shcw which went on to lour Ihe major 3n8$ in the UK wilh the hosts. Josh Widdicombe and Rob Bèckett. refèrèncing thÈir time.in Bamaid Case evèry subsequent tour show. It was also lovety to have TV favourite Gyles Brandth make 83m3rd Castle hi5 base for the week as he presented several shows in the Northèast preparing for his UK tour. Other favourites- many known from natnal TV and radio - retuming lo our venue were Seann Walsh. Andy Parsons arKJ Alfie Moore. Community activities included yoga. Tai Chi. dance for over 605 living indendentfy, oil painting and water colour classes. Man Health. Women's Well Being, and 0kery demonstrations. Private hires brought both weddiry and wakes t0 the building. The picture gallery at the Ironl ol the building is a shtrw(3se for local talent. Outstanding exhibition5 were mounted by Tonya Mrtchell and Artways Norlh. a Oartington-based group. There were 1n1 a¢tivities wrth local schools induding 8amard Casl Schoofs A-level student art exhibition and Montalbo School's end of summer temi pertonnanrA. Our partnership wrth.trse local branch of Ihe'U3A IUnNersty ofthe 3rd Age) continued to thrive. Their membèrship has grown signrficanlly because ol th*r abilty to hdd their monthly meetings in accessible premises in the lown-centre. They often attract rne than 150 partiupants to these meètings. In aOdth"on. regular meetings of the geography. suerKe. geology and photO9raphy groups are held within the building. U3A members also attend other communty-focused events. aThJ whert they come for U3A purwse$, they often buy b"ckets and make very gorKI use ol the cafélbar. The Inffluence Church continvefj to meet eve.ry SLmday eveniThJ. ln addrtion. to this regular weekty hire. thèy frequently hire rooms for Iheir Mini Hero's group. for pY and stay and communty support activitiès induding Iheir st(xehou5e_ The Women'5 Institute are regular users of The haM'S meeting rooms. As are Dig-VentU$, the archaeology cornpany which leases a Hall Street stud space. Our studios are also home to Northern Heartlands and Durham Audi0109y. These 3 organizalions provide employment opportunities for afound 10 people. A collaboralitsn with the TCR Hub and the Councd enabled the Christmas parade for the switch on of the town It$ to start from The Wrtham's gaert * thè rÈar ol the building.
The Witham Hall Ltd Trustees. Annual Report (Incoorating the Directorfs Report) {COMin¥•O Year End8d 31 Dg¢¢rnb•r.2Q23 Achievements and Perfomianc Grants and Foundations Fundraising is a key acliwty for the Centre Director. Duiing the year. ¢trIbutiOnS were receive(1 from Durham County Counal (DCC}. Natsonal"Her>tsge Lottery Fund INHLF}, Teesdale Actb Partnership (fAPI, the Marwood Trust and Blenkiron. 1 contributk)ns were support for our ongoing operation. Truslees re¢ognKze thal fundrai&ng ContUeS to be a priority. Donatign$ All donations are appreciated. These indude contn"bulions made in donat boxes. rounding up ticket purchases, fvnds from book sa$ aThJ the ContributnS made by indi¥idu81s through Just GNing. Regular conlributions such as standing orders have been especlly helpful because they are predictable and can help us to shry44 fundin9 bod$ that we have ktsl support. No conlnbulion is.too small but ofcouis¢, larger amounts were apprectat¢d. aneial R•vi•w The finanoal statements whal the Trustees ¢onsKler to be a sab"sfa¢tory perfrjrnance foi the year The total ints)me generated was £430k and Ihe expenditure for the year was £454k. a net deficit on all funijs of £23.9k.. This figure includes restricfed and un[eStrle(l fvnds. The nel increase in unrestricted fvnds was t33.3k. Ihe same Ve1 as last year. so that unrestricted hJnd$ total £251.6k at year end_ However. the restricted funds balance decreased to £32k and it is a Clinl)Y ¢hallenge to Klenlty grants towards capital, projects and core spend. During the year ojr spend on fed assets incrèased to iude investment on upgrading the kit¢h8n, acouskn¢ ¢urtains In the Wtham room and Gounty room. the exterior floodlKJhting scheme and cy¢li¢al reacement of eqUIpmt. We are graleful for the support of the Teesdalè Action Partnership to fund a number of these items. AM these investments forn part of our plan to improve the ojstomer 8xwence and lo Crease rever4Je. Our establishment achieved the plamed level Wbth apwntment of our Director at the end of March. Reserves Policy The eornpany ha5 a formal reserves poly whth required the company to hold re5eNtt equNalent to three months operating costs exduding depreoaiion. This is cuThenlly estimated at approximalety £65.ory) based on an assessmènt by trustees. The trustees have decAded to hold designated fvnds of £1C6,761 as detailed in note 21. Thèrefore. excluding these designated funds. the cthmpany had free reseNes arTrJunlirvJ to £105,731 as at 31 December 2023. Plans for Future Periods In May 2024 we werè delighted lo receive confirmalh)n of a £14CI( grant towafds £155k (aprtal spend to improve the environmental fojtprinl and customer wekome. Spend on these projects will comm¢n¢e in summer 2024 We would like to Ihank Durham County. Coun¢l for tha"r continuing svpporf with a grant offer of £30,000 for 2024. reduung by £10.ThY) a yèar over the next years. The focus and energy of the Director and her team, supported by the Board. is lo meet.the tough thallen9e of increasing Self generated income and support from trusts and tourKlalKins in order to ¢onbnue to offer eat experiences thè peop tsf Bamard Caslle and the surrovndirwJ area.
The Witham Hall Ltd Trustees. Annual Report Iln¢0rpora9 the Dir•cto¢s Report) i¢onthrn Y•ar Ended 31 December 2023 Structure Governance and Mana ment The Wrtham Hall Limited is an incorwated drity. registwed wilh Cornpanie$' kk)use on I l July 2CMJ9 and as a charity with the Chanty Commission on 30 Marth 2012. The ArtleS of A550CBtion of WHL require a minimum of thcee Oirectors with no maximum number specified. New Directors may be appryrfed by the exisb.ng Directors al any General meetg. or may be proposed lo the Directors by any Mernber. The Membership of thL comprises all of the Directors and all those whose.1gimer membership of the 8arnard Casue Mechanics. Inslitule and Wtham Hall Communily As%#119n was transferred lo WTrIL at 1 January 2013. In March 2022 the widening of thè membership Scheme wa5 approved to include membership thr¢)ugh paYMt of subscriptk)n. and ty invrtation throh tnbUtion of expertise or donations. induding donating time as volunfew3. Th& Management Comm*tee of WHL oynprises of all Directrys and the Executive Director of the organisation. Oryanisation and goveman¢o Trustees are appointed al the Annual General Meeling IAGMI for a fixed perth of three years by nomination by a voting mernber or recornmendation by Ihe exi5b.ng Trustee5. ftslltswed by a vote of agreernent by a majority. Trustees may seNe a furlhèr term, rf duty appointed at the AGM. During thè year Gordon Dufy-McGhie. lan Smith and Josephine Tumbull were appoinled and Ada rns resigned. Sadty, in Septernber we leamed that lan Brtrwn who retired as a Trustee in 2023 had dd unexF4¢le(1ty. Our sympathEs were offered to his wth. Our lorKJ serving Chair Shelagh A¥ery will be slepping drywn al Ihe AGM and the Trustees would Ilie to recor¢J Ihew enorw1u$ appreciabon for her pa$sion. hard work and cgmmitment Wh have made such a dilferen¢e to the Str she firsl be¢ame involved al a time of ¢ri$i$ in 2018. We are p•sel lo welc(Mne Liz Bromley as a new Trustee and ¢hair designaie. Barnard Castle Mechanics. lftstitute IBCMII In April 2022. under a Scheme approved by the Charity Commissw. the Wrtham Hall Ltd was appointed a sole trustee of the 8amard caSe mechan InstitutelBCMI}. The BCMI is now a speaal Irust of the iegistered chafity the Wrtham Hall Ltd (11467261. Foi all purpose5 WHL is the trustee of BCMI. WHL will manage and adminisler BCMI as a separate tharty wilh its obje¢ts and assets, and report on rt separately within Ihe WHL accour41s and formal report5. All the land and buildin9$ fom the perrnanent èndowment for the BMCI. managed by the Wrtharn Hall Ltd as the sole trustee. The BCMI had no financial transactKJns during the year. The Wrtham Hall Ltd. a5 sole Irustee, managed the land and bviklings which form ihe pemianent. endowment of the BCMI All costs associated vAth the land and bL#ldings are induded in the xcounls of the Imtham Hall Ltd.
The Wrtham Hall Ltd Tnt08. Annual Roport {In¢orporallng lh• Dlr•thfs Rwrt) (A¥thJ( Year End•d 31 Donbr 2023 rence and min Charity roglslrnli¢)n number 1146726 Princlpal offiu arnl r•glst¢r¢d 3 Hsenthet Bamard Casle Cwnty Dutham DL12 8LY Th• Trystws AlrsNM¢ MsASBums Ms S Avery Mr N P F&>Jges Mr l 8ro¥m Mr G A Dufy4IcGhie Mr I W Smilh Mrs J M Tumtx {ReswJned 21 August 2023) IResy)ed 8 Apnl 2023) (App)inted 27 Febnjary 20231 IAppoBtted 9 ¢knber 20231 IAprx)Kited 4 September 2023} Indeponthl Examin•r Enlerpw House C(yJnty Durtwm DL12 8 Sm•ll Compary Pmvisions This TeFh)rt has been prepared in *larKe wilh the •p41rable to ts)mpanies enliiled to The trustees. annual repxt was aFwoved on 20 May 2024 arKI swJnod on behall of the board of Ms S Avery
The Witham Hall Ltd Independent Examinerfs R•port lo the Trustees of The Virtham H411 Ltd Y•ar End 31 Dec¢mr 2023 I report to the Injslees on my examination of the financial stalemevts of The Wtham Hall Ltd I'thg charity? for the.year ended 31 Oecember 2023. RponSIbilItieS aDd Bal• of Report A5 the Iruslees of the Cornpany {and abo its direclors lor the purkmxes of cornpany lawl you ar& responsible for the preparats.on of the finanaal slatements accordance with the requiiernents ol thè Comp8ns Act 2006 Ilhe 20(hS ACY). Having sal1sf myself Ihat Ihe 8¢¢ounts of the company a not requwed to be audiled under Part 16 of Ihe 20C6 Act and are eligible for indendent examinab"on. I report in respect of my examination of the charty's accounts as carried out under sectKsn 145 of the Charities Act 2011 I'the 2011 Act'l. In carrying CAJI my examinab.on I have folbwed the DirectK)ns given by the Charity Commission under section 14515llbl of the 2011 Acl. Ind•p•nd•nt ExaMiS Ststement Since ihe chafrty's gross income exr£eth £250,000 yow examiner must be a member of a body listed in section 145 of thè 2011 Aol. I confirm that l am qualified lo undertake the examination because l am a membèr of the Inslrtute of Chartere(l Acu)untsnts in En9knd and Wales IICAEW. which is one of the listed bodies. I have completed my ex8minat¥!n. l Confirm thal no matters have come to.my attent in connection wrth the examinatson giwng me cause lo believe.. . a¢¢ounting record5 were not kept in respecl of the charity as required by section 386 of the 2W6 Act,. or the finanual stalements do not aOrd Wbth those recld5.. or the financial statements do not comply vnth the aUnh.ng requirements of seclion 396 of the 2006 Act othei than any requirement that thè a¢xounts give a 'true and fairf vw which not a matter congdered as part of an independent examinat., or the financsal statements have not been prepared in acujrdance with the melhods and princip$ of the Slalement of Recommended Pradice for a¢¢<)unting and reporting by charities applicable to (aribes preparing their accounis in accordance wrth the Finanual Reporling Standard applicable in the UK and RepyblK of Ireland {FRS 102).
The Witharn Hall Ltd Independ•nt Examinefs R•port to the Tnlee5 of Th• Witham Hall Ltd (¢oniinuéd) Year Endtd 31 Dècembei 21123 I have no concerns have conw auoss no other matters in Ined)n wrth the eXaMallon lo which attention shoubj be drawn" this pOrt in order lo enabk a. proper understanding of the accounts to be aChed. Jane Ascroft FCA MA Icantsbl . Inijependenl Examiner Entefprise Hwse Hamiire Enterprise Pa Barnard Caslle County Durham DL12 8XT 20 May 2024
The Witham Hall Ltd Statement of Financial Activities lincluding incomg and •xpenditurn account) Year Ended 31 Oecember 2023 2023 Unrestfthd Reslncted funds funds Total funds Total funds 2022 Income and endowm•nts Donations and legacies Charitable activib8S Investrnent come 50.442 329.776 1.171 99,306 329.776 1,171 41,881 310,4C6 282 Totsl income 381,389 48.864 430.253 352,569 Exp•nditure Expendrture on tharitable a¢b"vitses Total •xp•nditur• . 437.234 16.881 454,115 359,423 359.423 437.234 16,881 454.115 Nel expenditsre (55.845) 31.983 123,8621 {6,854} Transfers betren fvnds . 89,118 189.1181 Nèt movement in funds '33.2n 157,1351 123,862) 16.8541 Re¢on¢iliation ol funds . TolJ funds brought foTh¥ard Totsl funds c•rrie(I loard 218,319 89.254 307,573 314.427 251,592 32.119 283.711 307,573 . The statemenl of finanual 8¢livit$ inckjdes #M gains and 1055es re¢ogrised in the year. All income and ÈxpeThYiturÈ derive from conth"nuing actiwtie5. The notrs on pages 12 to 24 forni part olthtto financial $tatofti•nts.' 10
The Witham Hall Ltd Stat•m•nt of Fln•nclal PO0n 31 D¢c•mb•r2023 2022 Flxed Assets Tangible fix&J assets 16 39.11x1 9.062 Slc Debtors Cash at bk arml in hand 17 18 6.622 12.725 352.161 35.967 328.428 371,50B 368.361 Credit(Ys:"amounts falling due Mlhin one year Net Currnnt Assets 19 126.897 69,850 244.611 298.S11 283.711 307.573 283.T11 307,573 Funds of the Clwity Restricted funds UnTestrit#ed funds 32.119 251.W2 89.254 218.319 Total ¢lwlty fun 21 283,711 307,573 For the year ending 31 December 2023 the cwity was enlAled to èxempti from audil under 5ectNJn Directots, resprThibliii8S: The members IHve not required the company lo oLtsin audil of ts firpnrAal Statements for Ihe year in quest)n in acrdanCe wilh Sed1 476: Twith respecl lo accounting records and Ihe weparatim of finala1 ststements. companies sublecl to the smalt c(ynpanies' regwne. May 2024, are swned beh8lfot Ihe tM)8fd by: ,PQ.&c MrsNM( Trustee Tho not•5 on pa9•$ 12 to 24 fonn p*1 of th050 financial stalom•nl8. 11
The Witham Hall Ltd N¢)tes to the Financial Ststernnts "Y•ar Ended 31 De¢ember 2023 G•n•rdl Inf•mwtion The tharity is a public benefit enlty arhj a private coffyany lwnrted by guarantee, registered in Engknd and Wales and a registered thanty in England and Wales. The add$$ of the registered office is 3 Horsemarkel. Bamard Caslle. County Durharn, OL12 8LY. Statèment of Compliance These financial statements have been prepared M corrollar wilh FRS 102. The Financial Reporting Standard applicable in the UK and Ihe Republic of Ireland., the Statement ol Recommended Pract applicable to chant*s preparing their accounts in accordan with the Financial Repothng Standard applicab in the UK and Republ of Ireland IFRS 1021 (Charrties SORP (FRS 102)) and the Companies A(a 2(. A¢counting Policies Basis ol Prnparation Thè financial ststements have been prepared on the his1orAl c051 basis. as modified by the revaluatK)n of Cèrtain fiftan¢ial assets and liatslities and investment wopwt.ès measured at fair value through Inco or e¥pendituo. The financial statements are prepared in stedin9, which is th• fund¥)nal currency ofthe entty. . Going Conc•rn There are no material uncertanties about Ihe ¢harty'5 atrAIty lo witinue. Judg•ments and Koy Sources ot Eslin4tioTh Uncertainty The preparati of the financial statements rÈquirÈs management to make Judgements. eslimares and assumptions ihat affeci the amounts reported. These ests"mates and judgements are conlinualty reviewed and are based on experience and other fadors. including expectations of future events that are bèlieved to be reasonable under the GirGurnslan¢es. The trustees consider that there are rx) Stynffjnt estimate5 or Ndgements affeth.ng these finala1 stslements. Fund Accounting Unyestrieted fvnds comwse those fvnds whKh be used in a¢c¢rdan¢e wTrth thè chaniable objectives at Ihe disttetion of the trustees. Restriet•d funds #re funds that can onty be used for partlar rtttricted purposes within the objects of tre charity. Restrli0S arise when specffiÈd ty thè dtsnor or whÈn lunds arè raised lor particular iestricted purposes. 12
The Witham Hall Ltd Not¢s to the Financial Ststements {ctsniinuedJ Year Ended 31 De¢ember 2023 Ac¢ountiftg Polici Income AJI income 15 indudeij in the statemenl of fmanua activitw when the charty is enlilled lo the come, any perfomance rdated conditions attached have been met or a fully wrthin the control of the chanty. the income is conshlered probab aThJ the amount can be quantrfied with reasonable accuraty. The following specfv poliCS arè applied lo particular categor5 of income.. Donations and legacy iri¢time is received by way of donab"ons. a¢s, grants and grfts and is includèd in full in the Ststémenl of Finala1 ActtS when recervabte. lthere legacies have been notified to the chanty but the uiteria for ino)me Teixjgnrtn have not been met, the legacy is Ireaied as a contingent asset and di5dosed rf merial. Grants, Whe entitknienl is not condrtional on the delivery of a specafic performarKe by Ihe d)arity, are iewntsed when the charity becomes uncKndilion*ly entilled lo the grant. Donated seNicÈ$ and f8¢ilthS are included at the valuÈ to the eJ)anty. bèing the amount Ihe charity woukg have been willing lo pay to oblain seNces or fa¢ilikn"es of equivalent econorni¢ tenefrt on the open market. Investment Jn¢ome is inchjded when recwvable. In¢ome from tharitale trading aclivty is ac(nted for wthen eamed. Income from grants. where related to perfoTmance and sFeofic ddiverabks. are accounted for as the charity earns the fight to nsleratIOn by its perfOance. Expenditure Expenditure is e09n1$ed on an a¢¢Jual$ bast5 as a fiabiTrty is rn¢urred. Expenditu includes any VAT whi¢h ¢annot be fvlty recovered. arKI is reported a5 Part of the expendilure lo whtch il relates". Costs of faising ftjnds COMpre the (x>sts a55>81ed Wilh attrath.ng donations. grants and. 'lega¢ies and the costs.of trading for fundraising prSe$ Charrtable expenditwe olmprises those o)sts incurred by the chanty in the ¢Jelivery of its actiwties and servtces loi rts beneflrieS. 11 indudes both cost5 that can be allocated diredly to such activities and those costs ol an indirect nature necessary lo support them. Other expendrture indudes #N expendrture that is neifher refated ro raISg lunds for the tharity nor part of rts expendtlure on tharitab activities. l ¢osts a allocated between the expenditure categories of the SOFA on a basis designed to reflect the use of the resource. Costs relth'rKJ to a particuLai activty a allocaled directly, others are appNlioned on an appropriate bas, as set out in the notes to the accounts. Tangibl• Assets Tangible assets are inrtK3lly reoxded at cosl. arky sl$equentIY slated al cost less ary a¢rJJmulated depreck8tw)n and impairment kjsses. Any tangible assets carnied at revalued arrKJunts are re)rded al the fair Wdlue at the dale of revaluab.on less any. subseouent accumulated depreciation and Subseq1 accumulated impairrrenl losses. 13
The Witham Hall Ltd Notes to th• Financial Statsmènts (cont} Y•ar Ended 31 Oecwnber 2023 A¢¢ounting Poli¢ies (¢¢wthue¢ Depreciation Depreciakn"on is Caued so as to wnte off the ¢ost or valuation of an assel le55 tts residual value. over the usefvl economic IrFe of that asset as k)w$.. Website Fixtures and fittings Floodlights Equipment Kitchen and tering equipment straight line 20% reducing balan 20% reducing balance 25% reducing balance & 33% straght line 20% reduun9 balare Historical Interest Assets are not deprerAat•Y as their value ts N)1 f))ns*lered to be Thpair9d with the passing of.l%me. Impairnienl of Fixed Assets A review lor indicators of impaffmènt i8 carried out at each reporting dale. with.the re¢overable amount being estimated where 5u¢h Indi(10r$ exist Where Ihe Carrying value exceeds the recovefable amount, the asset Is impaired accotdingty. Pn"or smpairments are also rewewed lor possible verSal at eath reporting dale_ Stocks Stocks are measured at the lower of cosl and estimated selh'ng wice less costs to comete 8ThJ sell. Cost includes all costs of purchase. costs ol ConverSn and other costs incurred in bringiNJ the stock to it5 pfesent localh)n and condiiion. Financial Instruments The charty onty has financial assets and liabilrtE5 of a kind that qualfy as bas ffinanaal instrumènts Basic ffinanal instruments are Inibalty rÈtO9nised at transaction value and subsequentty measured at Ihwr setuemeni value. Defined Contribulion Plans Contributions to defined contribulion plans are lenised as an expense in th8 period in which the related seNce is proled. Prepajd contfibub.ons arè recogn¢sed as an asset to the exlenl that Ihe prepayment will ad to a reduction in luturÈ payments or a cash refund. When contributions are not exwded tts bè settled wholty wrthin 12 months of the end of the reporting date in which the ernoYeeS nder the related seThti. the liabilty is measurèd on. discounted present valuè basis. The unwinding of the dts¢ount is rectsgnised as an expense the pertt in which rt 3ri5es. 14
The Witham Hall Ltd Notrs to th• Flnan¢ial Ststsments l¢ontsnue Y•ar Ended 31 Oec•mber 2023. Debtorn Trade and Otr"ebt we recognised at the setimeN amounl due after any trade discount offered. Prepayments are valued at the arTh)unt wepaid net of any trade discounts due. A¢¢rU income and tsx re¢o¥eraNe is rKILhJed at the best esb.mate of the amounts receivable at the balance sheet dale. Cash at Bank and In Hand Cash at bank and cash in hand indudes cash and short term highly IiquKI investments Wtth short maturty of three months or less from the date of acquisrt40n or opening of the deposrt or sirnilar accwnt. Crnditors Creditors are reujgnised where the Charty has a present oblKJab"on resulling from a past event that w1 probably iesuh in the Iransfer ol funds to a third party and the amount due lo settle the obligation can be measured or estimated re1k3Y. Credilors are rwymalty COgnised al their settlement arnOLt after all(Mfing for trpAe discounts due. Taxation The compary is eonshlered tts pass the tesls sÈt OLrt in Paragraph 1 Schetlule 6 of Ihe Finance Act 2010 and lheief0 rt meets the definth.on of a charitable company for UK corporation tax purposes. Accrydingty. thè company * potèntialty exempt from taxation in respect of income or capital gains received within ¢aiegors covered by Chapter 3 Part 11 of the Cwration Tax Act 2010 or Section 256 of the tsxation 91 Char9eable Gains Act 1YJ2. to the. extenl that such income or gains ace appl*d exdu$iv•ly to charitabl$ purposes. Llmit•d by Guarant¢¢ Thè company is limrted by g(rantee Al 31 December 2023 there were sevèn 12022 - six) directors. each of whom had undertaken to ojntribute an amwnl ntst exceeding £1 in the event of a winding up_ 1S
The Witham Hall Ltd Notes to the Financial Ststwnents Year Ended 31 Dècember 2023 Donatsons and Legacies Unrestricted Funds Restricted Totsl Funds Funds 2023 Donations D¢n*"¢ns 11.123 2.487 Grnnts Teesdale Ath'on Partnership National Lottery Heritage FuThJ Durham Ctyjnty Council Other grants 36.000 10.000 36,000 10,000 30,000 2.020 520 Sub$cription¥ Turret Subs¢riplions 8,799 8.799 50,442 48,864 99.31 Unrestricaed Funds Restricted Totsl Funds Funds 2022 .{r¢statsd) t>onation$ Donations 14.387 14,387 Grants Covid Recovery Sustainabilty Durham Couftty COU11 County Durham CommLmrty FoUnda1n Arts Council Other grants 4.CKIO 4,000 10,260 10.280 1,000 6,146 6.146 SUbscrIpOn$ Turret Subs¢riptvS 5.788 5,788 24.475 17.4C 41,881 16
The Witham Hall Ltd Notes to the Financial Ststem•ntS {Ctsmthuv YeaT EDd•d 31 Dec•mr 2023 Charllable A¢tivities Unrestnded Tolal Funds Unrestricted Total Funds Funds 2023 ." F5 2022 ir*5tatedJ Events income Income from gaIry and artists Cafe and bar sales Room hire aftd studio rental Vi511or infomiation and shop income Othei d)aritable incorne 54,309 837 196.228 55.579 13.595 9.228 51,958 2,351 175.491 58.411 17.400 4.795 51.958 2.351 175.491 58,411 17.4C4) 4,795 837 1%.228 55.579 13,595 9.228 329.776 329.776 310.4C 310,4G Investment Incom• . Unrestricted Totsl Funds Unreslricled Total Funds Funds 2023 Funds 2022 irtst•tedJ Bank interest receivable 1.171 282 282 Expendire on Charitsble Activtties by Fund.Ty unrestrle FLJnds Restrtted Total Funds Fund5 2023 Educational. Cunural 8 Entertarnent Activities Support costs 192,708 244,526 4,172 12.709 196,880 257.235 437.234 16,881 454.115 UnreStred Fund5 Restricted Total Funds Funds 2022 fr¢st4tedJ Educational, Culiural & Enlertainmenl Aclmlies Support ¢0315 169.145 177.474 2.510 10.294 171.655 187.768 346,619 12,804 359,423 17
The Witham Hall Ltd . Notes to th• Finala1 Sts¢¢m•nts Y¢ar Ended 31 D•cember 2023 .Expenditure on Charbtable Activities by Activity Ty undertaken directty Support costs . Totsl funds 2023 Total fund 2022 EducatKin81, Cunural & Énteriainmeni Adivitiè$ Governance Costs 1%.880 . 256,035 1.200 452,915 1.2£iO 454.115 358.223 1,200 359.423 196,880 257.235 10. Analysis of Support Costs" Anatysis of support costs activty 1 Totsl 2023 Total 2022 Slaff costs Premises Gener office Govemancè ¢osts Olher ctssls Depla110n 116.751 50.857 10.260 1.200 63.003 13.964 116.751 50.857 10.260 1,200 63,003 13,964 78,973 52,894 8,607 1,200 .37,643 8,451 256.035 256.035 187,768 11. 14èt Expèndiiu Nel expendtture is stated after charg1(credIt[ng)'. 2023 2022 Ire5tteél .. Depreciation of tangil)le frrted assèts Loss on disposal of hentage a$5ets 13.964 602 8,451 12. Independent Examination Fe•$ 2023 2022 (restJtedl F8e$. payab* to Ihe independent examiner for.. Independent examination of the finarKkal stalemenis 1.2Crf) .1.200
The Witham Hall Ltd Ilt)tes to the Flnanclal Statements f¢Mtinu•o) Year Ended 31 December 2023 13. Staff Co•ts. The total staff costs and ernoYee benefrt5 fty the reportirwj perityl ar8 anaSed as folkxs.. 2023 2022 (re$t•i•d) Wages and salaries Swal se¢urity ¢osl$ Employer wfttn"bulion$ lo pen&on plans 183.917 6.391 2.461 144.570 3.783 1.703 192.769 150.0 The average head count of empk)yee$ during the year was 2012022.. 141. The average number of fulktime eqLtiv8knt empksyees during the year ts ana$¢4 as follows.. 2023 2022 No. Leadership team Events. business support & cafe No employee r8ceived employee benefits ol rrwe than £W.ONJ the year {2022'. Nill. 1& Trustee R•mun¢ration arbd Expenses The trustees recewl neilher rernuneration nor expenses dwing the 1rn1 or prewous year. IS. Tr•n$fers 8eiw••n Funds During the year £89.118 was transfer from reStrted to w)resln"cled fvnds. This Comprised.." 2023 Restricted grants used lo fvnd capita costs DCC Revenue Support . Communrty A¢b"vib"es'fund ieleased in year Other transfe 43,$99 37,5 4,485 3,534 89,118 19
The Witham Hall Ltd Notes to the Flnancial Statements (contrmied) Y•ar Endèd 31 De¢ember 2023 16. Tangible Fixed Assets New krt¢hen Fixiures aThJ and cateiing ffittings Fthd1ts Equipmenl equipment Wewe Totsl Cost At 1 Jan 2023 las restated) Additions Disposals At 31 Dec 2023 10.0 8.397 12.428 {3.9681 16.837 40.341 58,798 44.604 13.9881 99.414 . 17.320 13.223 10,060 17,320 41,974 13,223 Depreciation At 1 Jan 2023 Charge for the year Disposals At 31 Dec 2023 6.874 6.756 36.1( 49,736 2.012 2.814 13.386) 6.184 3.029 2,645 13.964 13.3861 60,314 39.135 2.645 Carrying amount At 31 Dec 2023 1,174 10.653 13,856 2.839 10.578 39.100 At 31 Dec 2022 3.186 4,235 9,¢2 17. Slocks 2023 2022 (res(&ted) Café, bar aThJ shop sto 6.622 3.966 18. D•bto 2023 2022 Trade deblor5 Prepayments Accnjed irKome Other deblofs 7.877 19,078 7,529 9,360 2,886 1,962 12,725 35.967
The Witham Hall Ltd Not•s to the Financial Slatrmènts Yoar Ended 31 DeCemr 2023 19. CrEditor5'. am(wnts falling withln one year 2023 2022 Trade ¢redrtors Accruals Social security and other taxes Deferred income Credit card creditor 33,761 12.919 14.248 64.016 1.953 17.077 4.402 10.297 38.074 126.897 69.850 . 20. P•nslons and Other Post Retifyment B•nefits Win•d Conlribution plans The amount recognised in irm or èxpèThliture as an expense in relation to defined contribution plans was £2.461 12022". £1,703). 21." Analysls of Charitsblo Funds Unrnstricted fiinds Al 31 D•cemb•r 2023 At 1 January 2023 In¢( Expendrture Transfers General funds Cyclal Buik1ing Work$ Stainthorpe Fund Cuttural Programme Capital Funds Centre Manager fund 97.443 381.389 (423.2701 50,169 105,731 44,CXXJ 12,261 5,500 39,1C(J 45,OC(J 14.814 (2.553) (2,500) 44.002 9,C62 45.LI . {13.964) 218,319 381.389 1437,234) 89,118 251,592 Al 1 January 2022 31 Decèmber 2022. Income Expenditure Transfers General funds Cyclical Bijilding Works Slainthorpe Fund Cultural Programme Capital Funds Cèntre Managèr fund 112.473 335.163 (338.16B} 112,025} 12.ciio 97,443 44.OC(s 14.814 8.0 9,062 45,OLN) 14.814 17,513 {8,451) 45,000 184.8C¥) 335.163 . 1346.619) 44.975 218,319 21
The Witham Hall Ltd Not¢s tts the Financial Ststem•nts {CL¥Jtinu Year Ended 31 Doc•mb•r 2023 21. Analysi$ of Ch•ritable Funds {¢onfrftuÈdJ Puw¥ of designated fvnds Cyeli¢al Building Wwks. To cover the future reqLMred eXpditure lor cychcal burlding works: Slainthr)rpe Fund - To support live theatre and drarna,. Curtural Programme- To support ernergirwJ ath'sis in the ILKal area. Restrletèd lunds At 31 Déeemb•r 2023 At 1 January 2023 Irwne Expertdrture Transfers DCC Wtham Caprtal FdIng Other Arts Council MOVE DCC Caprtal Works DCC Resilien Communty A¢tM"ts Fund DCC Community Building Sustainability Coyid Recovery Sustainability Cuhural Programme TAP Turrets TAP Capital improvernents TAP Enhaftce the Appeal NHLF Project 1,363 500 170J) 970 1.894 11,4701 I3.7} 441 37.5¢XJ (37.5) {4,485) 3,115 {5.(QO) 30.950 (12.750) 18.2t)J (2.CK)O) 10.C (10.000) 13,1811 19.3C¥)I 116,8811 116.619) 10.C 700 89.254 189.1181 32,119 At 31 December 2022 Al 1 JarKJary 2022 Income &Fwdilu Transfers "DCC Wrtham Capital Fundin9 Arts Countil RetrJihJing Turrets Other Art$ Counryl MOVE DCC Capttal Works 1.363 1.363 {1.440) 1.139 10.939 736 16391 (2.4501 (9.655) {13,1351 9) 441 9.360 22
The Witham Hall Ltd Notes to th• Flnan¢lal Slatsmènts {¢thibnut Y•ar Ended 31 Deceml)èr 2023 21. Analysis of Charitsbl• Funds {cwrtthu OCC Resil Communty ActMb"es Fund DCC Communty Buikling Sustsinabrfrty Covid Recovery Sustainabilty Cuttural Programme- 67,SLN) {30,tKrf)I 37.5Cx) 14(XJ) 5.(NJO 5.000 30.950 30,950 5,000 129.627 17.4¢18 112.804) {44,9751 89.254 Detalls of restrlet•d funds DCC Imtharn Caprtal Funding - To fund remedial and rnaintenance work., Arts Counul Rebuikjing Turrets- To support the redevelopment of a youih theatre.. Arts Council- To fund Arts events held at The Wtham.. . Arts Council MOVE". To fund a project for the development of audiences and partKipants for. dance.. DCC Caprtal Works- To lund Media1 and mainlenance work 2019-2021: DCC Re511ience". To support culiural and wellbeing aclwrtEs'. Comrnunrty Aclivilies FuThJ- To support communty eroJagement.' Covid Recovery Sustainability- to support sustainability post Covid 19.. Cuhuial progfammÈ- to supporl Ihe delNery of the Fwrammè: Oth&r- To lund other smal proje(ts. DCC Community Buihjing Sustainability- To fund buik1ing impro¥ements- TAP Turrets- To supwrt Turrets. workshops." TAP Caprtal Improvemenls- To fiJnd kitcben irnprovemenls and acoustic fAJrtains- . TAP Enhance the Apal- To fjjnd ftoodlighting.and Wrtham room improvements.. NHLF Proje¢l- To fund business consuttancy on future sustainability. 23
The Witham Hall Ltd Not•$ to the Financial Statem•nts Y¢ar Ended 31 DKM)bèr 2023 22. Anafysi$ of Net Ass•ts Belwwn Funds UnrestrKted Funds Restricted Totsl Funds Funds 2023 Tangible fixed assets . Current assets Credrtors less Ihan l year N•t ass•ts . 39.100 339.389 (126.89n ' 251.592 39.1 371.508 1126.89n 283,711 32.119 32.119 un$trted Funds Restricted Tof81 Funds FuThJs 2022 Tangible fixed assets Curren¢ assets Credrtors kss Ihan 1 year Net assets 9.062 279.107 {69.850) 218.319 9,062 366.361 {69,850 307,573 89.254 89.254 23. Bamard Castlg Mèchanics. In5titsrte IB¢) The BCMI had no finanrAal transaclM)ns during the year The Hall Ltd, 8s sole trustee. managed the land arKI IlIdIng$ whK* forrn the permanent end(ment of the 8CMI . All costs. asso¢wted wrth Ihe land and bJikb"ng5 we induded in the acounts of the thaM Hall Lld. . 24
The Witham Hall Ltd Management InfomtIon Year Ended 31 DKemb•r 2023 The Following Pages Do Not Forni 14rt of the Fin•ncial StstemÈnts. 25
The Witham Hall Ltd D•tsil•d Statem•nl of Financial A¢tivities Yèar Ended 31 Decèmber 2023 2023 2022 IncomE and ¢ndowments O¢nations and l¢gaci•s Donations Covid Recovery Sustainabilrty Teesdale Acl¥)n Partnership Nalional Lottery Hentage Fund Durham County Coun¢il County Durham Community Foundal Arts Council Other grants Turret Subscriptions 12.487 14,367 36.0 10,0(M) 10.260 6.146 300 5.788 2,020 8.799 41,881 Charitsble activities Even15 InMe Income frcxn gallery and artisls. Cafe and bar sales 'Room hire and studio rental Visitor infomation and Shop incc Oiher charitable intxjme 54.309 837 196.226 55,579 13.595 9,228 51,958 2,351 175,491 58,411 17,4(KJ 4.795 329.776. 310,4L Investment income Bank Interest receivable 1,171 282 Total Income 430.253 352.569 26
The Witham Hall Ltd O¢tsiled Statrment of Financlal Activitl•s fc¢Nltinued) Year End•d 31 De¢•miJer 2023 2023 2022 Exp•rtditure. Aelivities undertaken directy Cafe. bar and shop stoc Wages arTd SalarS Card lees Freelance Tech Costs PRSIPPL & recorded music costs Workshops and Turrèts c051s Other costs Cost ol e¥ent$ 73.316 76.018 6.881 6.783 5.272 22,447 363 5,800 62.170 71.083 6,191 3,705 18,981 470 8,573 171.6SS 196,880 Support ¢o$ts Wages and salafies Employèrfs NIC . Pension costs Rates & water LvJhi & heat Repairs & maintenance Insurance Othef premises costs Legal and professional fees Bookkeeping costs Office costs Depreciation L05s on disposal of assets Other costs Equipment purchase and leasing Stsff recrurtment. trainin9 and eXpeS Advertising Irrecoverable VAT 8ad deb15 107,899 6,391 2,461 1.638 18.917 19.316 6.269 4.717 15,873 14.682 10,260 13,964 602 3,89S 6.417 1.413 9,778 11.198, 73.487 3,783 1.703 1.809 19.161 22.380 5.681 3.863 3,686 13.385 8,607 8,451 2.394 9.947 1.059 6.706 256,035 186.566 Govemancè eosts Governance costs. accwnlaw fees 1.2 1.200 Total •xp•ndituY• 454,115 359,423 N•t •xpenthiure {23.862) {6,8541