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
#123

The Witham Hall Ltd
Financial Ststements
Year Ended 31 D•c•mbor 2023
Trustees. Annual Report {IDccyJralirrfJ the Directc<s ReF#yt)
Independ￿t Examinerfs Rewt to the Trustees
. Statement ol Financial ACti￿lieS Ilnchjding Income and Expendrture A￿nt)
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 a￿a of benefft without distinG1ions of sex. politul.,
religious or other O￿n￿nS. by associating with local authorities, voluntsry. organizatKJns and the
inhabitants in a common effort to advance educatK)n. promote sc￿nCe, 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 cOndrt￿ns 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 'someth￿g for everyone".
The above charitable Objeds are ￿lent￿81 to those of the Bamard cast￿ Me¢hanic's Institute and
Iham Hall Communrty Asw"abon whth owns the kand and the build￿gS 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 tha1￿r￿Je 012023 was lo t￿Y on striving to t￿11￿ a sustainable plarfomi on whth.lo offer a
prograrnme of relevant events Iw res*Jents 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 enthuS￿sM 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 gl￿ts.
The progr￿me could not have been delivered wthoui the indispensable support of our team of
volunteers. As wrth the staff leam. each made th*r unique contributKJn. Everyone sijpported the
efforts of their ¢olléagJe$. arKI all were instnjrnentsl Mi the charty's achievements.
The year began wth the ¥wpening ol the remodelled ¢alélbar in the space .at the heart of the
building Thè day-h.mè tAIè is a social centre and was used as a wami space within the local
atjthority's initi*ive to support hardship. In the latter part of the year the Wtham Room - the principal
"firsl-flw room - wa5 adapte(I to be a small performane* space, *nduding by adding sound, lighting
and flexib￿ slaging. The front ol the building was aly) transfomed ea¢h evening by Ihe a(1d￿on of
thealre-style lighting wh￿h show5 off the fine ne￿ClaSS￿￿ design. More and more people recognoed
thè building a5 a ¢ommunty arts t￿lIe.
There was no tethnobgy to count fooffall for the whole p￿miseS whth indude a shop. gallery,
meeting rooms, and music hall in addrtion to the cafélbar space. However. data from the ticketing
systems and eslimate5 of partiopanls in(Jicate over 25.(￿ attendances. an inuease of 4,CKJO on last-
year. Of these. 17.5Crf).came to INe perfomiances. screenings and films with a further 8,000
attendances al classes and communty a¢tNittes. We also sold over 30,(￿ ￿p$ 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 Fu￿1 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 con*defed 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 slrateg*s 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 bar￿1 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 (Inco￿0￿￿tIng th• Dlrnctorfs Report) {¢￿tinUed}
Year Ended 31 D•c•mb•r 2023
Achieven*nts and Perforn￿ne•
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 Tic*ell and the Da￿enIng as vlell as the father and daughter duo.. Martin and ElTrza
Carthy ￿eaSed our regular fo* aUd￿nCe
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 audIer￿e 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 wofess*Jnalvzed through the er4Jagement of Christina
Castling as leader. Christina was supported by L￿ra 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 MUs￿an 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 Sta￿l-Up comedy partne￿ for Ihe last 14 yèars, presented 25 Sh￿￿5
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 Pa￿n￿"n9 Hell Live Podcast Shcw
which went on to lour Ihe major 3￿n8$ in the UK wilh the hosts. Josh Widdicombe and Rob Bèckett.
refèrèncing thÈir time.in Bamaid Cas￿e evèry subsequent tour show. It was also lovety to have TV
favourite Gyles Brand￿th 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 nat￿nal 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 inde￿ndentfy, 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 rn￿e 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$, they often buy b"ckets and make very gorKI use ol the cafélbar.
The Inffluence Church continvefj to meet eve.ry SLmday eveniThJ. ln addrtion. to this regular weekty
hire. thèy frequently hire rooms for Iheir Mini Hero's group. for p￿Y and stay and communty support
activitiès induding Iheir st(xehou5e_
The Women'5 Institute are regular users of The ￿haM'S meeting rooms. As are Dig-VentU￿$, 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 I￿￿t$ to start from The Wrtham's ga￿ert * thè rÈar ol the building.

The Witham Hall Ltd
Trustees. Annual Report (Inco￿orating 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 Cont￿UeS 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 Contribut￿nS made by indi¥idu81s through Just GNing.
Regular conlributions such as standing orders have been espec*lly 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[eStr￿le(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 C￿lin￿l)Y ¢hallenge
to Klenlty grants towards capital, projects and core spend.
During the year ojr spend on f￿￿ed assets incrèased to i￿ude investment on upgrading the kit¢h8n,
acouskn¢ ¢urtains In the Wtham room and Gounty room. the exterior floodlKJhting scheme and cy¢li¢al
re￿acement of eqUIpm￿t. 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¢0rpora￿9 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 d￿rity. registwed wilh Cornpanie$' kk)use on I l July
2CMJ9 and as a charity with the Chanty Commission on 30 Marth 2012.
The Art￿leS of A550CBtion of WHL require a minimum of thcee Oirectors with no maximum number
specified. New Directors may be appryrfed by the exisb.ng Directors al any General meet￿g. or may
be proposed lo the Directors by any Mernber. The Membership of thL comprises all of the Directors
and all those whose.1gimer membership of the 8arnard Casue Mechanics. Inslitule and Wtham Hall
Communily As%￿#119n was transferred lo WTrIL at 1 January 2013. In March 2022 the widening of thè
membership Scheme wa5 approved to include membership thr¢)ugh paYM￿t of subscriptk)n. and ty
invrtation thro￿h ￿tnbUtion of expertise or donations. induding donating time as volunfew3.
Th& Management Comm*tee of WHL oynprises of all Directrys and the Executive Director of the
organisation.
Oryanisation and goveman¢o
Trustees are appointed al the Annual General Meeling IAGMI for a fixed perth of three years by
nomination by a voting mernber or recornmendation by Ihe exi5b.ng Trustee5. ftslltswed by a vote of
agreernent by a majority. Trustees may seNe a furlhèr term, rf duty appointed at the AGM.
During thè year Gordon Dufy-McGhie. lan Smith and Josephine Tumbull were appoinled and Ada
rns resigned. Sadty, in Septernber we leamed that lan Brtrwn who retired as a Trustee in 2023
had d￿d unexF4¢le(1ty. Our sympathEs were offered to his wth.
Our lorKJ serving Chair Shelagh A¥ery will be slepping drywn al Ihe AGM and the Trustees would Ilie
to recor¢J Ihew enorw1￿u$ 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 caS￿e 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
Tn￿t08*. Annual Roport {In¢orporallng lh• Dlr•thfs Rwrt) (A¥thJ(
Year End•d 31 Do￿nb*r 2023
rence and
min
Charity roglslrnli¢)n number
1146726
Princlpal offiu arnl r•glst¢r¢d 3 H￿senthet
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 •p￿41rable 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¢m￿r 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.
R￿ponSIbilItieS 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
Comp8n*s 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 inde￿ndent 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 ExaMi￿￿S 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 a￿Ord Wbth those rec￿ld5.. or
the financial statements do not comply vnth the a￿Unh.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 Tn￿lee5 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 eXaM￿allon 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 betr￿en 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 lo￿ard
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 PO￿0n
31 D¢c•mb•r2023
2022
Flxed Assets
Tangible fix&J assets
16
39.11x1
9.062
Slc
Debtors
Cash at b￿k 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 c*wity 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 ac￿rdanCe wilh Sed1￿ 476:
Twith respecl lo accounting records and Ihe weparatim of fina￿la1 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 his1or￿Al 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) Stynffj￿nt estimate5 or Ndgements affeth.ng these fina￿la1
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 part￿lar rtttricted purposes within the
objects of tre charity. Restr￿li0￿S 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 poliC￿S arè applied lo particular categor￿5 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 Fina￿la1 Act￿t￿S when recervabte. lthere legacies have
been notified to the chanty but the uiteria for ino)me Teixjgnrt￿n have not been met, the legacy
is Ireaied as a contingent asset and di5dosed rf m*erial. 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 tharital￿e 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 ￿ns￿leratIOn by its perfO￿ance.
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 COMpr￿e the (x>sts a55￿>81ed Wilh attrath.ng donations. grants and.
'lega¢ies and the costs.of trading for fundraising p￿r￿Se$
Charrtable expenditwe olmprises those o)sts incurred by the chanty in the ¢Jelivery of its
actiwties and servtces loi rts benef￿l￿rieS. 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 raIS￿g 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 ba￿s, as set out in the notes to the accounts.
Tangibl• Assets
Tangible assets are inrtK3lly reoxded at cosl. arky s￿l$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 Subseq￿￿1 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 Ca￿u￿ed 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$..
Website
Fixtures and fittings
Floodlights
Equipment
Kitchen and ￿tering
equipment
straight line
20% reducing balan
20% reducing balance
25% reducing balance & 33% straght line
20% reduun9 balar￿e
Historical Interest Assets are not deprerAat•Y as their value ts N)1 f))ns*lered to be Thpair9d with
the passing of.l%me.
Impairnienl of Fixed Assets
A review lor indicators of impaffmènt i8 carried out at each reporting dale. with.the re¢overable
amount being estimated where 5u¢h Indi(￿10r$ 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 com￿ete 8ThJ
sell. Cost includes all costs of purchase. costs ol ConverS￿n 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 ffinan￿al instruments are Inibalty rÈtO9nised at transaction value and
subsequentty measured at Ihwr setuemeni value.
Defined Contribulion Plans
Contributions to defined contribulion plans are le￿nised as an expense in th8 period in which
the related seNce is pro￿led. 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 ern￿oYeeS ￿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 Ot￿r"￿ebt￿ we recognised at the seti*meN 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 w￿1 probably iesuh in the Iransfer ol funds to a third party and the amount due lo settle the
obligation can be measured or estimated re1k3￿Y. Credilors are rwymalty ￿COgnised al their
settlement arnOL￿t 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 ¢aiegor*s 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 COU￿11
County Durham CommLmrty FoUnda1￿n
Arts Council
Other grants
4.CKIO
4,000
10,260
10.280
1,000
6,146
6.146
SUbscrIp￿On$
Turret Subs¢riptv￿S
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•m￿r 2023
Charllable A¢tivities
Unrestnded Tolal Funds Unrestricted Total Funds
Funds
2023
." F￿￿5
2022
ir*5tatedJ
Events income
Income from gaI￿ry 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
Expendi￿re on Charitsble Activtties by Fund.Ty
unrestr￿le￿
FLJnds
Restrtted Total Funds
Fund5
2023
Educational. Cunural 8 Enterta￿rnent Activities
Support costs
192,708
244,526
4,172
12.709
196,880
257.235
437.234
16,881
454.115
UnreStr￿ed
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• Fina￿la1 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
Dep￿la110n
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
Ire5t*teél ..
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 ern￿oYee benefrt5 fty the reportirwj perityl ar8 ana￿Sed 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￿$¢4 as follows..
2023
2022
No.
Leadership team
Events. business support & cafe
No employee r8ceived employee benefits ol rrwe than £W.ONJ the year {2022'. Nill.
1& Trustee R•mun¢ration arbd Expenses
The trustees recewl neilher rernuneration nor expenses dwing the ￿1r￿n1 or prewous year.
IS. Tr•n$fers 8eiw••n Funds
During the year £89.118 was transfer￿ from reStr￿ted 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 Fthd1￿￿ts 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 DeCem￿r 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 ir￿m* 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
Cycl￿al 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 eXp￿diture 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
F￿dIng
Other
Arts Council MOVE
DCC Caprtal Works
DCC Resilien
Communty A¢tM"t*s
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 Retr*JihJing
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 Ap￿al- 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￿$tr￿ted
Funds
Restricted Tof81 Funds
FuThJs
2022
Tangible fixed assets
Curren¢ assets
Credrtors kss Ihan 1 year
Net assets
9.062
279.107
{69.850)
218.319
9,062
366.361
{69,850
307,573
89.254
89.254
23. Bamard Castlg Mèchanics. In5titsrte IB¢￿￿)
The BCMI had no finanrAal transaclM)ns during the year The Hall Ltd, 8s sole trustee.
managed the land arKI I￿lIdIng$ 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 Infom￿tIon
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 In￿Me
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 Salar￿S
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 eXpe￿S
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