2021-06-30-accounts - Friends Of Ingestre Orangery

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Friends of Ingestre Orangery Trustees’ Annual Report the year ended 30 June 2021

Company Number 07909112 Registered Charity No. 1147905

The Orangery at Ingestre Ingestre Stafford Staffordshire ST18 0RE www.ingestreorangery.co.uk

Friends of Ingestre Orangery Charity Reg. No. 1147905 & Charitable Company Reg. No. 7909112 VAT Reg. 271 1852 12 Registered Office: Ingestre Orangery, Ingestre, Stafford ST18 0PF www.ingestreorangery.co.uk

Page 1 of 20

Friends of Ingestre Orangery Trustees’ report and financial statements for the year ended 30 June 2021

Contents	Page
Trustees' Report	4-8
Independent Examiners Report	9
Statement of financial activities	10
(including Income and expenditure account)
Balance Sheet	11
Cash flow	12
Notes	13 - 20

Page 2 of 20

The Trustees present their annual report for the year ended 30 June 2021. Reference and Administration Information

Charity Name: Friends of Ingestre Orangery

Charity Registration Number: 1147905

Company Registration Number: 07909112 Registered Office:

The Orangery at Ingestre Ingestre Stafford Staffordshire ST18 0RE

Trustees

The Trustees who held office during the year are as follows:

Chair, Mr. Felix Pepler Mr. Aaron Chetwynd Ms. Diana Booth Mr. Geoff Tavernor Mr. Anthony Young Ms. Hayley Mival Ms. Caroline Beacall Ms. Gill Broadbent (resigned 30/11/2020) Ms. Anna Chetwynd (resigned 26/01/2021) Project Development Manager - Lara Rowe

Bankers: Co-operative Bank, Stafford 43 Greengate Street, Stafford, ST16 2JA

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FRIENDS OF INGESTRE ORANGERY

Ingestre Orangery and Gardens

Annual Report 1 July 2020 - 30 June 2021

Structure, Governance and Management

Governing Document

The charity is constituted and governed by the Memorandum and Articles of Association dated 13 January 2012.

Recruitment and appointment of Trustees

Trustees (who are also directors of the company under company law) maybe elected at any General Meeting of the Charity which has, at least a quorum of 3 Trustees.

Risk Management

The Trustees consider risk management on an on-going basis and systems are in place to identify and mitigate the major risks to which the charity may be exposed.

Aims:

The aims of the charity are to 'To preserve for the nation Ingestre Orangery, and to carry on there, activities which sustain the preservation of the Building and support and enhance the education, health and wellbeing of the community.'

Achievement and Performance:

This past year has seen Ingestre Orangery continue to make significant positive strides in meeting its charitable objectives yet has aging been severely hampered by difficulties resulting from Covid-19. Similar to the previous year, the Covid pandemic impacted greatly and for a long period of time as the venue was forced to close regularly, only re-opening in July 2021 and even then with many limitations. It was a repeated learning curve for Trustees, volunteers and core staff who have dealt with gains and losses experienced through the year but has again provided opportunity and scope for reflection and careful planning.

Aided by strong and consistent management along with support from a wide range of stakeholders, Trustees remain positive and optimistic about the future. Finding a way to reach our customers, communities and partners as we respond to the remaining Covid pandemic is our priority for the year ahead. We look forward to a revitalised, reimagined and sustainable Ingestre Orangery offer that our returning and new communities and customers will appreciate for many years to come. Our key headlines from last year are as follows:

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Preservation of the building and surrounding grounds:

As stated above, Covid has impacted greatly over the past year of 2020-2021. The Orangery was closed for a substantial part of that year, only occasionally being able to host any event in between lockdowns.

The Orangery and grounds were improved further and enhanced allowing for visitors to enjoy the spaces and events to be attended. Particular developments included: the continuing Long Walk restoration efforts (gates, stone work), improvements to security and to the gardens in general. Visitor numbers and user groups have again increased .

Further signage throughout the site has been installed.

Further remedial improvement works to the entrance roadway and parking area has provided better access for staff, visitors and users.

Heating issues were further dealt with although some new outstanding issues remain that limit year-round use. Heating contractors have expressed their intention to support the Orangery to find an appropriate solution. A consultant has been engaged this year to design heating improvements and put out to tender. This is currently being worked on.

The specific Trustee subcommittee set up to manage and report on site management and maintenance meets monthly and is proving effective.

Despite ongoing challenges in volunteer capacity and numbers we have continued to maintain the grounds to a high standard, consolidated interest from existing volunteers and have the specific subcommittee to support volunteer management and recruitment.

The main lawn is being suitably maintained and is in excellent condition.

Education & Access to Ingestre Orangery's Heritage

Trustees and the Orangery Manager continued to work with external evaluation consultants funded through National Lottery Heritage Fund and through other means to create and implement a systematic evaluation and monitoring process. This has proved to be effective.

A number of volunteers and Trustees have used their training to collect oral histories which is supporting the ongoing archive and reminiscence project.

Volunteers continue to create and deliver guided walks for visiting groups and individuals.

Ingestre Hall has restated its commitment to delivering art activities at the Orangery for resident school groups of the Hall. Several pilot arts education projects were successfully delivered. The Hall reports that hundreds of children have taken part in creative arts activities at the Orangery.

The Orangery hosted several commercial and community arts exhibitions and generated income through commissions on sales and hires.

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Regular and active programmes of subsidised community event hire and use (weekly and monthly) were firmly established. Excluding period of lockdown, this averaged 9-10 hours per week of community hire (well-being, arts, music and crafts, hobbies and special interest activities and groups).

More than 20 community events have been delivered which included an active programme of art workshops, poetry days, well-being workshops, family events, children & young people events and activities. This may possibly be less than the previous year as a result of Covid.

Trustees and staff established opportunities and procedures for increasing income to support charitable objectives.

The funded interpretation commission is being accessed by visitors.

Structured public access has been provided throughout the year (excluding lockdown periods) via open days and through ad hoc public visits when staff have been on site. The gardens have been made fully accessible to the public (unless in use by a community or commercial hirer), 7 days a week between 9am and 4pm.

Impact of COVID-19 Pandemic:

From March 22[nd] 2020 - and all the way through to July 2021 the Orangery suffered a significant loss of income as a result of the Covid-19 lockdown. All formal events and hires were cancelled.

Supported by the Manager, Trustees revisited and planned access and engagement opportunities for existing and new user groups including; regular community hires/users, private and commercial users and education partners.

Supported by Trustees, The Orangery Manager continued to develop and extend the digital strategy to support engagement and access.

Digital Access:

The review and subsequent redevelopment of the Orangery digital output to showcase content from partners and stakeholders resulted in a significant growth in number of viewers and audiences accessing the Orangery remotely. Multiple social media platforms were accessed and utilised to reach new audiences.

The structured blog and blog maintenance strategy was maintained. Volunteers and other stakeholders provided regular blog copy.

Digital output included virtual arts exhibitions, virtual content and YouTube films

The Manager continued the work from the previous year, with web/graphic designers ‘Creative Council’ to improve site functionality, features and content.

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Financial Review:

The Orangery has again been severely adversely affected by the Covid19 pandemic, but there were promising signs for the future, with an increasing level of bookings and events between lockdowns. We remain optimistic.

During this financial year we have received £146,630.31 in voluntary income and £8541.27 income from activities.

A loan of £50,000 with Architectural Heritage Fund was reported in the previous financial year. Repayments have not yet begun as a result of the pandemic.

The future

The Trust has once again been reminded of the vulnerability of being a small charity, and as a consequence of the pandemic, still at the early stage in its journey as a project in receipt of significant funding. It recognises the need to address its operational structures to allow for income generation to support its charitable objectives. It further recognises the strategic imperative to; build on last year’s successes, continue to review and address governance and staffing structures, develop the new vision, support volunteer engagement, develop a new business plan to include fundraising/donations, support and extend staff and staff capacity, maintain and extend good and productive relationships with all stakeholders, and engage in local, regional and National sector development opportunities to support profiling and audience engagement.

There are no related party transactions or conflicts of interest.

There are no serious incidents or other matters that Trustees should have reported to the Commission but have not done so.

Financial Position

The financial position is disclosed in the accounts. At the year end the charity held fixed assets of £973,696.91 (2020: £976,833.32).

All of the remaining assets were held on bank investment accounts to provide readily realisable funds for the activities of the Trust. There have not been any significant financial issues since the year end.

Investment Policy

The Board of Trustees have the power to invest the monies of the charity not immediately required for its objects in or upon such investment, security or property as may be determined from time to time.

Reserves Policy

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It is the charity’s policy not to make commitment to fund projects unless sufficient unrestricted reserves exist to cover the total commitment for each existing project. Adequate reserves are maintained to cover the remaining low level of administrative cost incurred by the charity.

Statement of Trustees Responsibilities

The Trustees who served during the year and up to the date of this report are set out on Page 3.

The Trustees are required to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the net income or expenditure for the year. In preparing for those financial statements the Trustees should follow best practice and:

Select suitable accountancy policies and then apply them consistently;
Make judgements and estimates that are reasonable and prudent;
State whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;
Prepare the financial statements on the going concern basis unless it is inappropriate to assume that the company will continue on that basis.

The Trustees are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which enable to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence take for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The Trustees confirm that they have complied with the duty section 17(5) of the Charities Act 2011 to have due regard to guidance published by the Charity Commission on public benefit.

Small company provisions

This report has been prepared in accordance with the special provisions for small companies under Part 15 of the Companies Act 2006.

The report was approved by the Trustees on 25[th] March 2022 and signed on their behalf by

Mr Felix Pepler, Chair

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Independent examiner’s report to the Trustees of Friends of Ingestre Orangery Charitable Company (‘the Company’)

I report to the charity Trustees on my examination of the accounts of the Company for the year ended 30th June 2021.

Responsibilities and basis of report

As the charity’s 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 Companies 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 charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner’s statement

Since the Company’s gross income did not exceed £250,000 your examiner does not need to be a member of a body listed in section 145 of the 2011 Act. However, I confirm that I am qualified to undertake the examination of larger charities because I am a member of the Chartered Institute of Management Accountants, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

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.

Signed:

Name: Debbie Wellecomme (MAAT, ACIE (Affiliate Member))

Company: Support Staffordshire

Address: Stafford Civic Centre, Riverside, Stafford, Staffordshire ST16 3AQ Date: 28[th] March 2022

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Friends of Ingestre Orangery	Friends of Ingestre Orangery	Friends of Ingestre Orangery	Friends of Ingestre Orangery	Friends of Ingestre Orangery	Friends of Ingestre Orangery
Statement of Financial Activities(including the Income and Expenditure Account)
Year ended 30th June 2021

			2021		2020
		Unrestricted Funds	Restricted Funds	Total Funds	Total Funds
	Note	£	£	£	£
Incoming Resources from Generated Funds
VoluntaryIncome	2	88,985.31	57,645.00	146,630.31	50,852.99
Activities for GeneratingFunds	3	8,541.27		8,541.27	14,400.25

Total Incoming Resources		97,526.58	57,645.00	155,171.58	65,253.24


Resources Expended
Project/Development Manager		19,490.76	-	19,490.76	18,720.00
Administration		5,198.06	-	5,198.06	5,708.00
Other Staff Costs		5,953.36	5,761.25	11,714.61
Stationery		-	-	-	175.44
Insurance		519.36	-	519.36	511.81
Subscriptions		-	-	-	-
Advertising/Publicity		4,348.11	50.00	4,398.11	1,135.91
Web Costs		417.63	-	417.63	2,972.16
Hall/Room Hire		-	-	-	421.00
Repairs,Gardeningetc.		2,980.40	1,329.46	4,309.86	9,862.34
CateringEquipment		-	-	-	1,234.43
Health & Safety		549.00	-	549.00	439.11
Legal and Professional		7,719.50	1,663.00	9,382.50	6,398.00
Loan Arrangement Fees		-	-	-	500.00
Loan Interest		4,500.00	-	4,500.00	4,000.00
Utilities		3,362.78	2,576.83	5,939.61	10,208.13
Cleaning		487.32	774.38	1,261.70	1,204.00
Activities		4,925.65	3,307.05	8,232.70	4,749.01
Miscellaneous		6,581.63	127.00	6,708.63	9,950.79
Bad Debt		100.00	-	100.00	9,950.79
Depreciation		42,824.56	-	42,824.56	40,701.39

Total Resources Expended	4	109,958.12	15,588.97	125,547.09	118,891.52

Net Income/ (expenditure)		12,431.54 -	42,056.03	29,624.49	53,638.28 -

Reconciliation of funds:
Total Funds brought forward		970,160.08	-	970,160.08	1,023,798.36
Transfer between funds				-	-

Total funds carried forward		957,728.54	42,056.03	999,784.57	970,160.08


The notes onpages 13 to 20 formpart of these financial statements.

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Friends of Ingestre Orangery	Friends of Ingestre Orangery	Friends of Ingestre Orangery	Friends of Ingestre Orangery	Friends of Ingestre Orangery	Friends of Ingestre Orangery	Friends of Ingestre Orangery
Company Number 07909112
Balance Sheet at 30th June 2021

		2020-2021			2019-2020
	Note	£	£		£	£
Fixed Assets
Tangible Fixed Assets	6		973,696.91			976,833.32

Current Assets
cash at bank and in hand	7	108,247.82			61,905.51
Debtors	8	14,328.37			14,023.52
			122,576.19			75,929.03

Creditors: Amount Falling Due within one year	9		26,488.51 -			12,602.28 -

Net Current Assets			96,087.68			63,326.75

Non-Current Liabilities	10		70,000.00 -			70,000.00 -

Net Assets			999,784.59			970,160.07
			200.00 -
Net assets represented by:-
Income Funds
Unrestricted Funds			957,728.56			970,160.07
Restricted Funds			42,056.03			-

Total Funds			999,784.59			970,160.07

The Trustees/directors acknowledge their responsibilities for complying with the requirements
of the Companies Act 2006 with respect to accounting records and the					reparation	of accounts.
The financial statements were approved by the Trustees on 25/03/2021 and signed on their beh
by:-



Mr A Chetwynd
Chair



The notes on pages 13 to 20 form part of these financial statements				.

The Trustees/directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. The financial statements were approved by the Trustees on 25/03/2021 and signed on their behalf

by:-

Mr A Chetwynd Chair

The notes on pages 13 to 20 form part of these financial statements.

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Friends of Ingestre Orangery

Statement of Cash Flows

Friends of Ingestre Orangery	Friends of Ingestre Orangery	Friends of Ingestre Orangery
Statement of Cash Flows

Year ended 30th June 2021

	2021	2020
	£	£
Cash Flow from operating activities	29,624.49	53,638.28 -
Decrease/(Increase)in Debtors	4,014.23	13,442.97 -
(Decrease)/Increase in Creditors	9,567.15	4,374.38
Depreciation	42,824.56	40,701.39
Net cash flow from operating activities	86,030.43	22,005.48 -

Cash Flow from Investing activities
Purchase of tangible fixed assets	39,688.15 -	-

Cash Flow from Financing activities
Receipt from issue of new loans	-	20,000.00

Net increase in cash and cash equivalents	46,342.28	2,005.48 -
Cash and cash equivalents at start ofperiod	61,905.52	63,911.00
Cash and cash equivalents at end ofperiod	108,247.80	61,905.52



The notes onpages 13 to 20 formpart of these financial statements.

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----- Start of picture text -----
Friends of Ingestre Orangery
Notes to the financial statements
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1. Accounting policies

1.1 General Information and basis of preparation

Friends of Ingestre Orangery is a charitable company registered in England / Wales. 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 in the charity information on page 3 of these financial statements. The nature of the charity’s operations and principal activities are insert detail.

The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 (as updated through Update Bulletin 1 published on 2 February 2016), the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011, the Companies Act 2006 and UK Generally Accepted Accounting Practice.

The financial statements have been prepared to give a ‘true and fair’ view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a ‘true and fair view’. This departure has involved following the Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.

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 stated.

1.2 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 are sufficient with the level of reserves for the charity to be able to continue as a going concern.

1.3 Tangible fixed assets

Tangible fixed assets under the cost model, other than investment properties, are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical costs include expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

At each reporting date the company assesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined which is the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount.

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Depreciation on assets is charged to allocate the cost of assets less their residual value over their estimated useful lives.

Depreciation is provided on the following basis:

Leasehold buildings – Straight Line, Over the life of the lease

Other Fixed Assets – Straight Line, Over expected life of the asset

The assets’ residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant changes in the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Statement of Income and Retained Earnings.

1.3 Debtors

Debtors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in expenditure.

1.4 Creditors

Creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in expenditure.

1.5 Judgements and key sources of estimation uncertainty

The following judgements (apart from those involving estimates) have been made in the process of applying the above accounting policies that have had the most significant effect on amounts recognised in the financial statements:

The Trustees believe that there are no judgements that require disclosing within the financial statements

The key assumptions concerning the future and other key sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year include:

The Trustees believe that there are no key assumptions that require disclosing within the financial statements.

Voluntary Income
This consists of the following:
		2021		2020
	Unrestricted Funds	Restricted Funds	Total	Total
Donations	1,333.11		1,333.11	1,783.31
Grants	87,652.20	57,645.00	145,297.20	49,069.68
Total	88,985.31	57,645.00	146,630.31	50,852.99

2020	50,852.99	-	50,852.99

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3	Activities for Generating Funds	Activities for Generating Funds	Activities for Generating Funds
						2021				2020
				Unrestricted Funds		Restricted Funds		Total		Total
	Venue Hire				5,400.71			5,400.71		11,266.06
	Activites/Fundraising				3,140.56			3,140.56		3,134.19
	Total				8,541.27	-		8,541.27		14,400.25

	2020				14,400.25	-		14,400.25



4		Resources Expended
							2021				2020
					Unrestricted Funds		Restricted Funds		Total Funds		Total Funds
					£		£		£		£
		Project/Development Manager			19,490.76		-		19,490.76		18,720.00
		Administration			5,198.06		-		5,198.06		5,708.00
		Other Staff Costs			6,153.36		5,761.25		11,914.61		-
		Stationery			-		-		-		175.44
		Insurance			519.36		-		519.36		511.81
		Subscriptions			-		-		-		-
		Advertising/Publicity			4,348.11		50.00		4,398.11		1,135.91
		Web Costs			417.63		-		417.63		2,972.16
		Hall/Room Hire			-		-		-		421.00
		Repairs,Gardeningetc.			2,980.40		1,329.46		4,309.86		9,862.34
		CarteringEquipment			-		-		-		1,234.43
		Health & Safety			549.00		-		549.00		439.11
		Legal and Professional			7,719.50		1,663.00		9,382.50		6,398.00
		Loan Arrangement Fees			-		-		-		500.00
		Loan Interest			4,500.00		-		4,500.00		4,000.00
		Utilities			3,362.78		2,576.83		5,939.61		10,208.13
		Cleaning			487.32		774.38		1,261.70		1,204.00
		Activities			4,925.65		3,307.05		8,232.70		4,749.01
		Miscellaneous			6,581.63		127.00		6,708.63		9,950.79
		Bad Debt			100.00		-		100.00
		Depreciation			42,824.56		-		42,824.56		40,701.39

		Total	4		110,158.12		15,588.97		125,747.09		118,891.52

		2020			113,706.68		5,184.84		118,891.52

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5 Governance Costs

Governance costs in 2021 includes Independent Examiner's remuneration amounts relating to the fee of £300 for the 2019-2020 examination (2020 - £00) and auditors fees of £nil (2020 - £3,300 for the 2018-2019 audit).

During the year there has been 1-2 employees (2020:1)

6	Tangible Fixed Assets
		Leasehold Property Improvement	s Office and Other Equipment	Total
	Cost
	As at 1 July 2020	1,017,534.71		1,017,534.71
	Additions	38,512.71	1,175.41	39,688.12
	As at 30 June 2021	1,056,047.42	1,175.41	1,057,222.83

	Depreciation
	As at 1 July 2020	40,701.39		40,701.39
	Charge for Year	42,272.76	551.81	42,824.57
	As at 30 June 2021	82,974.15	551.81	83,525.96

	Net Book Value
	As at 1 July 2020	976,833.32	-	976,833.32
	As at 30 June 2021	973,073.27	623.60	973,696.87


7	Cash at Bank and in hand	2021		2020
		£		£
	As at 30 June 2021
	Cash at Bank	108,247.82		61,905.51

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8	Debtors	2021	2020
		£	£

	Trade Debtors	36,556.60	3,650.00
	Advance Bookings	32,065.16 -
	VAT Debtor		2,019.36
	Accrued Income	9,836.93	8,354.16
	Total	14,328.37	14,023.52


9	Creditors: Amounts Falling Due within oneyear
		2021	2020
		£	£
	Trade Creditors	5,199.43	2,577.23
	Accruals(loan interest)	10,400.00	6,400.00
	VAT Creditor	4,319.08
	Disbursements	6,770.00
	Payments in Advance(bookings)	-	3,625.05
	Total	26,688.51	12,602.28

10	Non-Current Liabilities
		2021	2020
		£	£
	HCF Loan	50,000.00	50,000.00
	Bounceback Loan	20,000.00	20,000.00
	Total	70,000.00	70,000.00

Page 17 of 20

11	11	Fund Analysis

		Unrestricted Funds - 2021
			Opening Balance		Receipts		Expenditure	Transfers	Closing Balance
		General Fund	6,673.24 -		97,526.58		67,133.56		23,719.78
		Designated Funds - Leasehold Improvements	976,833.32				42,824.56		934,008.76

		Total Unrestricted Funds	970,160.08		97,526.58		109,958.12	-	957,728.54

		Restricted Funds - 2020
			Opening Balance		Receipts		Expenditure		Closing Balance
		Architectural Heritage Fund - CRF	-		16,500.00		1,663.00		14,837.00
		Arts Council	-		13,495.00		3,115.75		10,379.25
		Heritage LotteryFund - CRF	-		21,600.00		4,760.22		16,839.78
		Stafford Foundation	-		250.00		250.00		-
		Heritage LotteryFund	-		5,800.00		5,800.00		-

		Total Restricted Funds	-		57,645.00		15,588.97	-	42,056.03

		Total Funds	970,160.08		155,171.58		125,547.09	-	999,784.57

11	Fund Analysis(continued)

	Unrestricted Funds - 2020
			Opening Balance	Receipts		Expenditure		Transfers	Closing Balance
	General Fund		1,078.81	65,253.24		73,005.29			6,673.24 -
	Designated Funds - Leasehold Improvements					40,701.39		1,017,534.71	976,833.32

	Total Unrestricted Funds		1,078.81	65,253.24		113,706.68		1,017,534.71	970,160.08

	Restricted Funds - 2020
			Opening Balance	Receipts		Expenditure			Closing Balance
	Heritage LotteryFund		738,075.17			5,184.84		732,890.33 -	-
	Garfield Weston Trust		16,878.97					16,878.97 -	-
	CountryHouses Foundation		42,197.45					42,197.45 -	-
	Leader		84,384.63					84,384.63 -	-
	Pilgrim Trust		8,458.89					8,458.89 -	-
	Sandwell Grant		132,724.44					132,724.44 -	-

	Total Restricted Funds		1,022,719.55	-		5,184.84		1,017,534.71 -	-

	Total Funds		1,023,798.36	65,253.24		118,891.52		-	970,160.08
	Total Funds		-	-		-			-

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Purpose of Restricted Funds

Restricted funds are to be used for the restoration of the Orangery and the building of a new room at the rear, to provide vehicular and pedestrian access to the buildings, the renovation of the gardens and for specific covid recovery and arts projects, consultancy and expenses.

Analysis of Net Assets between funds	Analysis of Net Assets between funds

	Unrestricted Funds	Restricted Funds	Total
	2021	2021	2021
Fixed Assets	973,696.91	-	973,696.91
Cash and Current Investmen	66,191.79	42,056.03	108,247.82
Debtors	14,328.37	-	14,328.37
Creditors	96,488.51 -	-	96,488.51 -
Total	957,728.56	42,056.03	999,784.59


	Unrestricted Funds	Restricted Funds	Total
	2020	2020	2020
Fixed Assets	976,833.32		976,833.32
Cash and Current Investmen	61,905.51		61,905.51
Debtors	14,023.52		14,023.52
Creditors	82,602.28 -		82,602.28 -
Total	970,160.07	-	970,160.07

Financial Instruments
The carryingamounts of the charity's financial instruments are as follows:

	2021	2020
Financial Assets	£	£
Debt Instruments measured at Amortised cost
- Trade debtors(note 8)	36,556.60	3,650.00
- Other debtors(note 8)	9,836.93	10,373.52
Total	46,393.53	14,023.52

Financial Liabilities
Measured at amortised cost
- Other loans(note 10)	70,000.00	70,000.00
- Other Creditors	4,319.08
-Trade Creditors(note 9)	4,999.43	2,577.23
Total	79,318.51	72,577.23

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13. Transactions with Trustees and connected persons

No remuneration was paid during the year or expenses reimbursed to any of the Trustees of the charity or to persons connected to them.

14. Company status

The charity is a company limited by guarantee and consequently does not have share capital.

15. Control Relationship

The charity is controlled by the Trustees

Page 20 of 20