2022-11-30-accounts - Chalke History Trust

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

				Unrestricted	Restricted	Total	Total
				funds	funds	funds	funds
				2022	2022	2022	2021
			Notes	E	E	E
Income from:
Donations and legacies			3(a)	273,869	35,000	308,869	221,704
Charitable activities			3(b)	884,736	-	884,736	817,706
Investment income			3(c)	48		48	4
Total				1,158,653	35,000	1,193,653	1,039,414
Expenditure on:
Raising funds				1,197,100	28,030	1,225,130	941,306
Charitable activities			4	41,889		41,889	14,399
Total				1,238,989	28,030	1,267,019	955,705
Net income/(expenditure)		resources
Before tax				(80,366)	6,970	(73,366)	83,709
Tax on activities			8	2865		2,865	(2,153)
Net income/(expenditure)		resources
after tax and before transfers				(77,681)	6,970	(70,501)	81,556
Transfers between	funds		16
Netincome I(expenditure)
and movement in	funds			(77,681)	6,970	(70,501)	81,556
Reconciliation offunds
Total funds brought	forward			461,024	6,970	461,024	379,468
Total funds carried	forward			383,553	6,970	390,523	461,024

			Consolidated	Charity	Consolidated	Charity
			2022	2022	2021	2021
		Notes			E
Fixed assets
Intangible assets		9	35,250
Tangible fixed assets		10	9802		8,725
Investments		11
			45,052	2	8725
Current assets
Debtors		12	12,812		52,044
Cash at bank in hand			361,336	349,163	415,066	411,719
			374,148	349,163	467,110	411,719
Creditors: amounts	falling due within
one year		13	(28,677)	(10,788)	(13,202)	(4,820)
Net current (liabilities)lassets			345,471	338,375	453,908	406,899
Total assets less current
liabilities			390,523	338,377	462,633	406,901
Provisions forliabilities		15			(1,609)
Net
assets			390,523	338,377	461,024	406,901
Funds
Restricted funds		16	6970	6970
Unrestricted funds			383,553	331,407	461,024	406,901
Total charity funds			390,523	338,377	461,024	406,901

					Year ended	Year ended	Year ended
						30	30
					November		November
						2022	2021
Net cash	inflow l(outflow)	from operating		activities	Notes	f	f
including	grants receivable				19(a)	(3,018)	(193,987)
Cash outflow from investing			activities
Purchase offixed assets Interest received						(50,760) 48	(6,942) 4
						(50,712)	(6,938)
Increasel(decrease) in cash			and cash equivalents			(53,730)	(200,925)
Cash and	cash equivalents	at	30 November	2021/2020		415,066	615,991
Cash and	cash equivalents	at	30November	2022/2021	19(b)	361,336	415,066

his is stat	ed after charging:
		Group		Charity
		2022	2021	2022	2021
Depreciation and amortisation		14,433	2,387
Auditor's	remuneration	9,500		9,500
Operating	leases	7,020	6,340

			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
			2022	2022	2022	2021
Donations	and grants		273,869	35,000	308,869	221,704
			273,869	35,000	308,869	221,704
(b) Income	from charitable activities
			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
			2022	2022	2022	2021
					E
Ticket sales			459,579		459,579	290,736
Sponsorship		and advertising	306,245		306,245	251,478
Concessions			63,948		63,948	40,124
Membership		fees	26,004		26,004	24,019
Bar income			14,523		18,007	8,191
Other income			14,437		14,437	203,158
			884,736		884,736	817,706

(c) Investmentincome
	Unrestricted	Restricted	Total	Total
	funds	funds	funds	funds
	2022	2022	2022	2021
			E
Interest receivable	48		48
	48		48

						Unrestricted	Unrestricted	Restricted	Total	Total
							funds	funds	funds	fund
							2022	2022	2022	2021
									E	E
	Grants paid Admin costs —governance		related "				22,756 19,133		22,756 19,133	10,525 3,874
							41,889		41,889	14,399
									2022	2021
	(*)Support costs - governance				related	include
	Auditors' remuneration	- accountancy				fees			2,000
		- independent				examination	fees			525
		- audit			fees				9,500
	Legal and professional	fees							5,707	2,344
	Office expenses								1,300	35
	Trade subscriptions								232	386
	Travel 8 subsistence									225
	Bank charges and interest								394	359
5.	Grants to institutions
	Charity
	Name of institution					Activity
	Chalke Valley History	Festivals			Limited	Historical		education		297,136
	CVSchools History Festival			Limited		Historical		education		40,500
										307,636

number: 0853 shown below.	5	3326)are material to the group	accounts. A summary oftheir trading	results is
			Year	Year
			2022	2021
Turnover Cost ofsales			1,257,101 (981,551)	806,911 (743,622)
Gross profit			275,550	63,289
Administrative Other operating	expenses income		(305,461) 2,570	(232,787) 184,766
Operating profit		/(loss)	(27,341)	15,268
Interest receivable
Interest payable				(107)
Profit before taxation			(27,340)	15,161
Taxation			2,865	(2,153)
Profit in year			(24,475)	13,008

The average	number ofstaff employed during the year in the Trust	group was as follo	ws:
		2022	2021
		No.	No.
Management	and administration
Event staff
		15	14
The aggregate	payroll costs ofthese persons were as follows:
		2022	2021
Wages and salaries Social security costs Pension costs		217,695 14,138 6,116	176,661 8,682 4,231
		237,949	189,574

		2022	2021
		F
Current taxation
UK corporation tax		(1,256)	1,256
Deferred taxation
Arising from origination	and reversal of timing differences	(1,609)	897
Tax expense		(2,865)	2,153

		2022	2021
Net incoming resources before tax		(73,365)	83,709
Corporation tax at standard rate Effect ofincome exempt from taxation Effect ofexpense not deductible in determining Relief on losses carried forward	taxable profit (tax loss)	(13,940) (64,211) 72,956 2,330	15,905 (42,111) 29,133
Other differences			(773)
Tax (income)/expense		(2,865)	2,153

		Website Development
Cost		E
At 1 December	2021
Additions		47,000
Disposals
At 30 November	2022	47,000
Cost orvaluation
At 1 December	2021
Charge for the year		11,750
Eliminated on disposals
At 30November	2022	11,750
Net book value
At 30 November	2022	35,250
At 30November	2021

		Furniture,	fittings
		and equipment
Cost
At 1 December	2021		21,109
Additions			3,760
Disposals
At 30November	2022		24,869
Cost or valuation
At 1 December	2021		12,384
Charge for the year			2,683
Eliminated on disposals
At 30 November	2022		15,067
Net book value
At 30 November	2022		9,802
At 30 November	2021		8,725

			Consolidated	Consolidated	Charity	Consolidated	Consolidated	Consolidated	Charity
				2022	2022		2021		2021
Fixed asset investments
Subsidiary undertakings
Company Name	Country of	Principal			Class				Percentage
	Incorporation	activity							shareholding
Chalke Valley History	England	Provision		of history	Ordinary		E1		100%
Festivals Limited	and Wales	festivals	to the general
		public
CVSchools History	England	Provision		ofhistory	Ordinary		E1		100%
Festival Limited	and Wales	festivals		to schools
									Profit/(Loss)
						Capital		and	for
						reserves f			2022 E
Chalke Valley History Festivals Limited CVSchools History Festival Limited							37,877 (8,227)		(24,816) 341

Debtors
		Consolidated	Charity	Consolidated	Charity
		Total	Total	Total	Total
		2022	2022	2021	2021
Trade debtors
Prepayments	and accrued income	35		26,480
Other debtors		12,777		25,564
		12,812		52,044

			Consolidated	Charity	Consolidated	Cbanty
			Total	Total	Total	Total
			2022	2022	2021	2021
						E
Trade creditors Other tax and social security			5,976	1,288	3,782	320
Accruals and deferred	income		22,643	9,500	9,420	4,500
Corporation tax
Other creditors			58
			28,677	10,788	13,202	4,820
Deferred income
Consolidated
				Deferred
				income	Total	Total
				2022	2022	2021
						E
Balance at 1 December 2021 Received during the period Released during the period				220 10,643 (220)	220 10,643 (220)	262,255 (262,035)
Balance as at 30November		2022		10,643	10,643	220

Consolidated
	Deferred
	tax	Total	Total
	2022	2022	2021
Balance at 1 December 2021 Increase/(decrease) in provisions	1,609 (1,609)	1,609 (1,609)	712 897
Balance as at 30November 2022			1,609

Restr	icted funds
		Balance			Transfer from	Balance
		BIFwd	Income	Expenditure	unrestricted	CIFwd
		2022				2022
			F			F
Foyle	donation		35,000	(28,030)		6,970
			35,000	(28,030)		6,970

Analysis ofgroup net assets between funds
	Unrestricted	Restricted	Total
	funds	funds	funds
Fund balances at 30November 2022 are represented Fixed assets	by 8,725		8,725
Net current assets/(liabilities)	374,828	6,970	381,798
Total net assets	383,553	6,970	390,523
	Unrestricted	Restricted	Total
	funds	funds	funds
Fund balances at 30November 2021 are represented	by:
Fixed assets Net current assets/(liabilities)	45,052 415,972		45,052 415,972
Total net assets	461,024		461,024

						2022	2021
Net income/(loss)		for the period		before transfers		(70,501)	81,556
(Increase) / Decrease Increase / (Decrease)			in debtors in creditors			39,232 15,475	(1,030) (277,793)
Depreciation and		amortisation				14,433	2,387
Interest receivable Tax expense						(48) (1,609)	(4) 2,153
Cash generated	from		operations			(3,018)	(192,731)
Tax paid							(1,256)
Net cash inflow from operating				activities		(3,018)	(193,987)
(b)Analysis ofcash and cash equivalents
Group						Year ended Year ended
						30November 30	November
						2022	2021
						F
Cash at bank and		in hand				361,336	415,066
						361,336	415,066
Analysis ofnet	funds
					1December	Cash 30	November
					2021	flow	2022
Cash at bank and		in hand			415,066	(53,750)	361,366
Net debt					415,066	(53,750)	361,366
					1December	Cash 30	November
					2020	flow	2021
					E
Cash at bank and		in hand			615,991	(200,925)	415,066
Net debt					616,991	(200,925)	415,066

			Consolidated	Charity	Consolidated	Charity
			2022	2022	2021	2021
Net movement Fund balances	in funds brought	forward	(70,501) 461,024	(68,524) 406,901	81,556 379,468	68,548 338,353
Fund balances	carried	forward	390,523	338,377	461,024	406,901