REGISTERED COMPANY NUMBER- IJ81435M IEnglATrd Wale51 REGISTERED CHARITY NUMBER.. 1149454 REPORT OFTHE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED31 JULY 2023 FOR VICTORIA CROSS TRusr IA COMPANY LIMITED BY GUARANTEÉ) R¢pd Smith Al¢•aleS Limited Capia House Greatcliffc Court Greaicliffe Road B3rDsI¢y Sou¢h Yorkshwt S75 3SP 'ODiC186)* 19104tt024 014PANIES HtsL6E A12
vIcroRIA CR05S TRUST CONTENTS OFTHE FINANCIAL STATEMENTS FOR THE YEAR ENDED3I JULY 21J23 Pa8¢ Rtport of ihe Trusiees Ipdcp¢ndent Ey8rninyrf5 RepDrt Staiement of FlnancialPfjs11io Nfjte4 lo thE FinBncixlStaterneTrl¥ D¢t&itt41 Stateent pfFillADcial Attivltit
vicroRIA CROSS TRUST REPORT OPTHE TRUSTEES OR THE YEAR ENDED31 JULY 2023 The trustees whts art also dt0[S of ihe chanty for the putposes ofthe COMPleS Act 2006, present their report w)th the fmkncial statrmertis of the charity for the ytar ended 31 July2023. The trusieu havE 0Pted the provision$ of Aceouniing and Reporting by Chdritie5. steMent of RecLimmended Prd¢ii¢e applicable to charitits prepanng thtv( a¢COunts ui ac¢ordanc¢ With the Financial Reporting S¢andard appli¢abPe in ¢he and Republic of Irtland {FRS 102) leff¢¢tiv¢ l January 20191. OBJECTIVES AND ACTIVITIES Oble¢lIv #irns The Vic¢oria Cross is the hi8hest military honour of the United Kingdom honours sysltm. It is awarded for gallanny nd valour'in the fa¢p of the enemy" 10 rn2mbers of the Brit15h and Comrnonwtalth 5trV1cetntn and wornen. To da 1363 Viciori? Cr055es h4v¢ been awarded 5iD¢e c¢eation ID 1856 Across the United KgdOfft and thE test of thE world. there are many prtvatc gravts and memorials to those awuded tht Victtsn8 Cr055. A Small nUTnbtr of thek BravE5 art tarcd for by the Cornmonwealrh War Grdvts Comrni55ion beo8uSt Iheir remit only Covtts VIcioriaCTOSS recipients killed th tIon durin8 ¢therof the world wa. All graves of Victoria Cross recipients who fought and died outside dale5 of the cJ)nflicts are priyately owned. A sm?11 nyTnber of ih¢s¢ 88ain ar¢ Siill cad for by iheir farnily, the rest li¢ forgott. neglettpd and in SOTne ¢&ses Art w lo51 lorever Thr Victoria Cross Tryst IVCT) 5Eek5 th the final ruting places of ih¢ Victotta CrO&S fttipients rema nled and ttr¢d for respecting thE Wlshes of famili¢s aTrJ communiiiES al. In addition. the charity also aim5 10 educate tht public the &wrie5 bEhiDd thE VC r¢cipients. These twt objectivts ¢ontinue to be the prirn8ry of the VCT with no requtment to extend thern loWIng us to effect 81#r maintenAlltt of themori&ls 45 well as de¥elopthg edue&tional prograrnme With sthools. Pas¢ I
VICTORIA CROSS TRusr REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY Z&23 OWEcfivES AF4D ACTlVIflES SiE•ifirsnl activit$ During th¢ periad August 2022 to July 2023. wert 3blt to fijrthtr devtlop and stsstsin our business pkn following money received through an Armed Forces Covenant Orant awarded in April 2021, thai had b¢cn th¢ bvdrock of our plans Our 5llccets in aEhieVg and indeed exceEding the re4Uirtd Outcomts requwed by ihe AFCG led to our project MAtht8inthg the Memories Ulg published & a leading txample of project mana8emeni and d¢liverwg su¢ces5 in the medi8. The year 2022r23 allowed uy to MU1$¢ our fthancial strategy of developing InMe through S¢5 at the VCTg rtthil tl¢¢ in Lokesid¢ Doncasier. We had been able devtlop a footprini in a reuil shop unli aDd bec¢)rne self-$ustairting and grant free throush income ¥ve were able 10 8eDer4te. The product5 we sell very carefvlly 5elerted. they Are not the usual '5econd hand. goads fo many Charyty shop5 a5 A SU]I Df high salts we were able to gairj a signifrtt finan¢ial IoDthold that allowcd US to plan into the mcdium tctrn. The work at Ihe ttuil premi5e5 did noi redutt Our capacity to undertakr grave Clean8 and eduEÈtional vTrSits io local Khools. ID fa¢1. th¢ VCT wa5 also able to e5tsblish a Small display section Wilhin the shop and create a netv memorial to seven loul VC r¢cipients withm thc PrIn(t of the shoppin8 Centre, all part of our developing ability w ¢xpand the delivery of our chantsble aim5. Th mernorial plaquE5 rommemorJiing the Seven Don¢arter VC$ w4S Tecogni&ed by thE lthptnttl War Mus¢um as a Site of 1ntertS18nd isrtcOrdEd In theregIsters. April to October We were able to CO]npltte a significantnumt¢r ofrtstOrationsAnd eleons8nd inspeaionsduringthis riOd. This included 20 cleans and 518nificant repairs and restoration5 of rnemwia15. 11 is importpnt to not¢ thal the grave re5wrations are seasonal as Our equipment is difficul¢ to operate in fhe wiD¢¢r months 43 th¢ ¥rekni gentrated rule5 a dan$vS enviroDmeni reducin8 visibilityand iThcreJsin8 risk5 ofclden We w¢r¢ also able ¢0 organise and host a number of memorial and -¢ten1 vents yt tht Lakesidt ¢tntst that mc(¢d sigDificant iDt¢rest and 8ttEnd8D¢¢ ftom the publir. Through All thE5È a¢tivities wt allned to support veierdns d volunivrs who wollld b¢nefit in several way5 through engagernent in wr Activitits With welfatt And well-being oGrave cleans 30 achieved oGrave inspECtions 48 achieved forthe full year Maintained 15 regularveterdnsand 2 new cadets Pr¢5entation5 aleVenedration IS plus over 10.ow ¢nygem¢ntsat the shop o IreaSed tyTnover£3k per moDth- £9k arhieved (March 20231 ge2
VICTORIA CROSS TRUST REPORT OFTHE TRUSTEES FOR THE YEAR ENDED 31 JULY 20Z3 OBJECTIVES AND ACTIVITIES October2022 to April 2023 This period fo¢used our activity of developing retail and limid educion wiih opportunity to pla¢E our retail offer¥ And development Within a busy shopping ¢tre. We also focused on sthwl vi5ity pfvS¢Dting l¢pmin& cODtent to mÈet the naiiottal cu1¢IuM and tngaging With Stdents acrrpSS all ages fr0rn 6 years ty 16 10 hplp them undetstand the history 8SSCiattd With the VC and achieve iheu own leBrnin8 oulMnies. Our irteome from saks c4nEinued ro yow and provided u5 with a h¢althy rpseTV¢ and an ability to plan for the forthcoming yw dnd grea aaY of work. In January 202J however wp faced 3 significant challenge from our landlords when proposed price I<4S¢S were pres¢Th to U5 Wlth only a 5hort-terTn lea available. As & rcsult. the vcr explored al¢ernative5 and were abl¢ to 5Ecure longer term lew in retail premi5e5 In the Frenthgate 5hoppthg ¢Entre close to the Doncaster public tran5POrt mierchange and with a much larger foorfall. TrustEE5 agreeé that a rnov¢ to new prcmisles was Iinancially sensible and would provide u5 with long tenn premi5¢5 from which we Could ¢oniuiu¢ ¢0 DW. The move was undertakEll April 2023 and Ihe rtew shcy) premiseseguipped and opened in June 2023 wiih a imm¢diaie unpacg On sales trcnds at the close of thc financial year. Thp Vcr Saw o coniinueo trend in venS wishing io b¢corn¢ regular volunteers and sttk opportunities fr other organisalionsto uiilis¢ ournew reiail pr¢rnis¢s for opportuni¢ies ro develop veteran5 for employfftent. DUE to its l(Kation the pr¢rnises are far rnore a¢cv55ible for the fftajority of vetrrJn5. and we have ¢n a significant irt¢rta5t irt footfall at the new retail store. (hjtend ofmarch 2023 sO¢iO1 medih 4nd public profile intsed signifi¢antlyènO issummarised btlow." oTwitEer- 20k followers tsFacebook Grtsup-Friend5 ofthe Vitwrip Cro$S Tryst 2k followers (up lO%I o Facebook Pag¢- The Vic¢oriaCrOss Trv$t987 followers increased from 687 o Linkedln- The Victona Cross- 510 follower5 InCr&d ftorn 387 Facebook alone has had an intrease Df 25% to 400k Views of the Fr0$ ofthe Victoria Cyoss Trusi over the la 12 months wilh ld]VidUal posts on Twitter attrACSing tsn avttagt 7k en8a8tmenis. We have an increase in Visir$ on averase the Lakeside and ihpn Frenchgate shops with oV40k estimated to have visitrd uS4nd Èxpenenced Oureducational displlys, rethil ofttrmg thdopportuttities to tngag¢ with veieraD5. The period from March to July 2023 was a challen8¢ having ¢0 move premises and rnaiDMin intome as Well as a<hievin$ ourcharithble aims. Thai said ih¢ new premise5 place us on a more pBnn3n¢nt footing m tertrt5 of È Iwt if projected income coniinues, we should be able consider a Second outl2t to increase our financial stability 8ttd long-iernexl¢n¢¢. In July 2023 ihe hard work of she le was rxogni5ed by th¢ gronting olthe Employrnent RetognitioTh Scheme Silver Awwd by ihe Armed Forcps Covenani Board. tesiimony tothe progres5 made by the VCT. In conclusion th¢ vcfwith a srnall number of volunt¢¢ry and thr¢¢ paid siaff cOniinu¢s t¥ dcfy the odd$ irt tenns of its athitverneni aThd Ability to d¢liver it5 objectives. The forthcoming year wjll See wb¢th¢r this 1$ sustainable irt the new prtmises, but early llidicarionsare promisin8wiih an increased incJ)me and reduc¢d eXPPDditure. Pasv 3
vicroRIA CROSS TRUST REPORT OF THE TRusfEKS FOR THE YKAR ENDED 31 JULY 2023 OWEcfivES AND ACTIvrriES Vol4Bt¢¢ Th¢ Ttu&t be¢n very ltsrtunate to have benefitted frorn the wntributions of dedicatrd volunt¢vr5, Withoucwhthh the B95t ofgrave restoration pnd ruDningthe musEum would be&ignifi¢&ntly higher. STRVCllJRE. GOVERNANCE AND MANAGKMENT Governing dolumet The charity L5 controllrd by it3 govern¥ document, a dttd of trust, and nSIlre5 a IiTnit¢d MPany. limited by 8UÈrAni¢e, a5 derth by the Compant¢s Act 2006. Rtsk mn4¢erntnl The tru5¢s hav¢ a duty w identify and revjew the risk5 10 which the charity is exposed attd to tnsure appropriate coDtro15 are in place io provid2 reOnable assurdnce again4 fralld etror. REFERENCE AND ADMINISTRATIVE DETAILS Rtgisterfd Company nlltnber 08143560 (England and Waltsl ReEtst¢red Charliy Artber Rryisier¢d oific¢ Copia House GreAI Cliffe Court GrEat Clitfe Road B4rnslÈy South YorkthuE S75 3SP Trustees K Lumley F A Adams R D Padd¢y KT05eland IApp)iDted 23 F¢bruary 20241 lRdepend2Trt BI&rurner Stswt mart Rctd FCCA REEd Smith A5SO¢iates Lirnited Ctyia House rearcliffe Court GreaiCliff¢ Road Bamsley South Yorkshire $75 3SP Pa8p4
VICTORIA CROSS TRUST REPORT OFTHE TRUSTEES FOR THE YEAR ENDED31 JULY 2023 REFBRBNCE AND ADMINISTRATIVE DETAILS BAnktrt Vir8in Money Timor House Mariner Cour¢ Clydtbank Bwiness P¥ 0g0W G812NR Approved by vdprofthl board oft[u5e5 on 15 April 2024 and Signedon its behalfby.. KLumley- TNsttt PA8e S
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF VICTORIA CROSS TRUST Jthd¢ptndETht ex•]nitset'¥ reptsrt th the ttUSteeS ofVittOrLq Cross Trugt {'Ihe C•mp4ny'l Iyeport to the charity trnstets On myexamThation ofthe accounLS of the Company fOrthpy¢ardEd 31 July 2023. R¢yp0Th5ibilit1¢5 baslsof report A5th¥tharity5 Mte¢S ofthe Company land alsQ Its diTe4tDf5 for ihe pvrp95K of cornpany lawl you are rtsponsible for th¢maTrtion ofth¢xcounrs in accfjrdaTrcc wi¢h the reqUirernets ofth¢Companies Act2006 {*he 2006 Aci'l. HAvirtg yt15ficd Tny5¢1f that thE of thE Company 4r¢ not rfquircd to be Audited under Part 16 of the 2006 A and 2rtelygible for Independ¢texalnEIo, l Tepon re5t of my exafftination Df yDur charitys accounts as carried Oul unéer Section 145 of the Ch&rities Act 2011 (the 2011 Act'l. In carrythg Oui my examination I have followd th¢ DTrTection5 given bythe Ch3rity C<NnTni5sion under Section 145(51{bl ofthe 2011 Act. IndepeDdenttxsmintrfs ststtment I ha¥¢ tompleied rny examthation. I Confm that no matters ha¥t come to my dtteniion in ¢onnecrioD With tht ¢xaminaiioa)8IWingrne¢au5e ro btlitvt-. awounting r¢¢ords were no¢ kept in resp¢(t of¢h¢ Companyas required by Seuion 386 of the 2006 ACE,. or thp accounts do noi a¢tQTd with those r¢cords,' or the accounts do not comply with the accounting reqyiretntntr ol Stctipn 396 of the 2006 A¢i other than any requwement thai the accounts give a mie and fair vicw whith 15 not a rnatt¢r tonsideied as part of 4n independ¢ exarnindtion,. or the accounts hav¢ noi betrt prepAred in a¢¢ordan¢e wiih the methods and prin¢iples of the Statcment tst Recornrnendel PraMi¢e for accounting and reporting by ¢hariti¢s lapplicable tiTr rhpritie5 preparing Eheir ounts ID accordan¢¢ wiih ih¢ Pin¥Th¢ial Reportin8 Standard &ppli¢ablB in th¢ UK and Republic of Irtldnd IFRS 10211. I have no ¢ortcetnS And have coine aer¢$ ntrotherrnatttts th ¢Onne¢tiOn W1th thtexaminaiion to which 8tt¢niion should btdrawn th this report In orderto enknle aproper understanding oftheaC¢OUnts to berta¢hed. Stuart Martin Re£d FCCA Reed Srnith ASlateS Limil¢d Copia House Great Cliffecourt Great Cliffe Road Barnsley South Yorkshwe 575 3SP IS ApNI 2024 Patt 6
VICTORIA CROSS TRUST STATEMENT OF FINANCIALACTIVITIES FOR THE YEAR ENDED31 JULY 2023 31.7.22 Unrestricted fuTrd R¢stri¢l fi0 Total funds fid$ Nore tNCOME AND ENDOWMENTS FROM Donaiions and le8acies 7.229 7,229 Other trodingactlV111¢5 InvEStmenl inCQTD¢ Other tot 164 400 400 Totxl 192 6J2 192 652 TXPENDJTURE ON Raising funds 94.594 94.594 ,399 R¢510re and TDaintain Vicioria Cross F¢ripients grives and ¢dycaie the pvbli¢abouithEir lives de¢ds 127430 127 43D Totsl 222 024 222 D24 NET INCOMFJIEXPENDITURE) (29,3721 (29,3721 45.179 RECONCILJATION OF FUNDS Total funds brou8hi forward 171.026 2,021 173.Q47 127,877 TOTALFUNDSCARRIED FORWARD 143 675 The note5 form partofthe3¢ fan£11 $Tattmpnts Pag¢ 7
vicroRIA CROSS TRUST STATKMENT OF FINANCIAL POSITION 31 JULY 2023 Unre&triCt fund Re51rict¢d fvnd Toul furtds Notes FIXED ASSETS Tangible &55Cti 80,642 80,642 CUJUiENT ASSETS Stocks Debtors Cash at bank and th hartd 40.882 5,024 40,882 5,024 42.359 73.093 2,021 75.714 100,380 CREDITORS AThOunts falling due Withth orttyear 18.7361 IYET CURRENT A55ET5 TOTAL ASSETS LESS CURRÉNT LIABILITIES 2.021 143.fj75 173,047 NET ASSETS 143 675 173 047 FUNDS UDre5triBlcd funds iitstr1ed ndS 171.W26 TOTAL FUNDS 143 675 Th¢ tharitsble wmpany 1$ ¢rttitled w txemption fr¢m alldit under Se¢iion 477 of the Companies Act 2006 for ih¢ y ended 31 July 2023. The membets have not requed the cornpany ro obkin an audit of ifs firbllncial 5tstem¢nts for thr y¢JT ¢ndtd 31 July 2023 In aeeordan¢e with Sectiort 476 ofthe CompaniesAct 2006. Tht truStees&cknowledge thetr Ye5POrtsib11i¢ies for ensurifjg thai the ch8xitable company kttp5 CounTIng records that cornply with Seuions 386 and 387 of thE Cornpanies Act 2006 and prepEring finartcial stAiementS which give and fAir View ofihe stsie of affai of the chari¢)blE ¢ornpany 8¥ t the End ol each finaneial ytar and of its sutylus or dtficli for each financial year in accordpnce with thE requir¢men(s of Sections 394 Hnd 395 and which othern¥ise comply with ihe requirements ofih¢ Cotnpan1¢5 Av 2006 relat810 financial sthtemtnt5, $0 fAr as applicable the charitable Cornpany. ThE notes fonn part ofthes¢ financial 5weMent5 PaBt S Dnlinued...
VICTORIACROSSTRVST STATEMENT OF FINANCIALposfTION- £oTrliDued JI JULY 2023 These financial SLltements have been ptepared in accordance with th¢ provi$ion5 appli¢ablt to charitabl¢ ¢ompanics 5ubix¢ lothe small mPanieS re8ime. The firtthcial statsrneDts w¢r¢ )pprOY¢d by th¢ Bo*d of Trnste¢s and allthorised for iswe on 15 April 2024 and we signed on itsbthalf by.. K Luml¢y-Tru51¢¢ F A Adams- Trnstee K Tose &nd- slee The n<)te$ foTrn Part olthtse firtÈtt¢ial statements ge9
vicroRIA CROSS TRUST NOTES TO THE FINANCIAL STATIMENTS FOR THE YEAR EI¥DED 31 JULY 2023 ACCOUNTING POLICIES SIS Dfprep¥rig the fi4ncilI tatEments The fi¢la1 518ternents of thc charitsblc cornpany whith is a public benefit entity under FRS 102. hav¢ bvEn pr¢pared in accordance with the ChAritics SORP {FRS 1021'Accourttins and Reporting by Chariii¢5.' Sut¢Tnpnt of REcommendEd Practice applicable to chanlie5 Prtpar£ thetr 8c¢ounts in acwrdanc¢ wilh th¢ Fin¥n¢ial RepDrtmg StandArd applieablE in the UK and Rtpublic Ot Irelind IFRS 1021 l¢ffectiv¢ I lanu8ry 20191., FinaTr¢ial Reporting Startdard 102 'The FatI&l Reportin8 Stsndard appli¢abl¢ w th¢ UK Republic of Ireland, artd the Comppmies Act 2006. The financial stsments hay¢ beeD prEPartd under thE historical cost convention. lTrcome All income is rEcogni5ed in the staInent ofFinanBial Attivities Qntt the charity has tniitlem¢ni the fund8 If isprobable that the incijrntwill be recEived Artd thtamounican trt measured reliably. ExptDditthre Liabilities are re¢ognise4 a5 expeDrtiture 500n a5 there 15 a1¢8al or ¢onstruuive obligation rornmitting the charity ¢0 that expendiNre, it is probable that 8 rrgn5f¢r Dr001¢ benefits will be required in settlement and lh¢ amountofthe obligation w be mea5UTed rvliably. Expenditur¢ 15 accounted ftrr On an a¢cfuals basis And has be¢n classified under h¢adin85 ihat aggregate all cost related to the catEgory. Whtre costs Cannot be ditectly attributed io p8rticular h¢pdings they hav¢ been allo¢attd activitiPs on p basis wnslsttnl with tht use of r¢5ource$ Tgn&ible fixed 55¢t¥ tkprCCiatiOrt is provided ai the following Atthual rltes itt ord to wrii6 off each asset over its estimad useful lift. Museum c&talo8U¢ Fixtures and fitting5 Moior vehicles 5%0rt cost 15% on ¢1$ bal¥nc¢ 25%on r¢du¢iDg bai4nc¢ Sgocks are vèlued at the lowtroftost and nei Yealisthl¢ value, after makin8 due allowance forobsol¢te and slow movin8 irems. TaxAtion The Charity is¢x2mpi from corpor81ion its ¢haritabl¢artiviti¢S. Fund attouniing Unr¢5trirted fuDd5 Can b¢ u5¢d in (ordanCe with ih¢ ¢h•rithle obj¢¢live$ al the diserttiON ofthe trustets. R¢5trlCt fvnds ¢8n oftly b¢ used for partirvlar re1cted purposes Within the objects of the tharity. R¢striBtIOn5 ari5E when SPEcifi¢d by Ihe donororwhen lunds art t8isEd forpartiCulAfrestriCted purposes. Furtherexplknation of the natyre 2nd putpose ofeaeh fvnd is included in the rtotes tothe financial swements. Hire purehH5tand tea$img tornmittllÈTrlS iientals paid under operntin8 leases Aye Charg to thc Starncni of Financial Aciivitl¢s on p 5night line bASiS Overthe period ofthe It8se. P¢n5iOn t05ts tsther post-reiirement btntfits The charitsble company opcrates a defined contributloll W5ion scheme. ContribuiioDS payable to tht eharitable tothpan1 ptnsion schtme art ¢haYged tothe Ststemeniof Financial Activitie5 in the period to whiGh they rtlatt. P¥e 10 ¢onttny¢d...
VICTOiUA CROSSTRUST NOTESTO THE FINANCIAL5TATEMENTS- cotied FOR THE YEAR ENDED JJ JULY 21J23 OTHER TRADING ACTIVITIES 31.7.23 31.722 184 859 INVEsfMEf4T INCOME 31.722 Interesi receivable NET INCOMEIIEXPENDITUREI Ntt incomtl(expenditure) i4 siaied After char8in&llcreditln81'. 31.7.23 31.7.22 DeprKiation- owD¢d 12,290 TRUSTEES, REMUNKRATION AND BENEFITS Th¢r¢ were D0 trU5tees' TEmuner4tion Or other benefits far the yeor ended 31 July 2023 nor for the year ¢DOEd Trusttts, expenses The ¢hority 51$ claunel ex5¢5 which rvlated iv travtl and subsi5tEn¢e ¢DSts for attending trustee and managementrn*ing$. STAFF COST5 Th¢ 4v¢ra8e Monthlynumrf emplo¢5 durin8theyearwy5 a5 follows.. 31.7.23 31.7.22 G¢nKal manager AEtjvitlE5 staff AdTnini51tatiQll 5vpp¢n Noemployces yecciv¢d crnolwnents in ¢ire55 0f£60,0th). Diinu¢d.--
vicroRIA CROSS TRUST NOTES TO THE FINANCIAL STATEMENTS- CODlinu FOR THE YEAR ENDED3I JULY 2013 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund RE5triCtEd fund Totsl funds tNCOME AND ENDOWMENT5 FROM Don&tiOnSAnd ItBa¢ies 14.788 31,624 179,382 179,382 tnvesknent in¢orn¢ TTrtsl EXPENDITURE ON R8iSinB lunds 80.399 80,399 Remoye and maintain Victoria Cro55 rxipients graves and eduratethe public about TotAI NKT INCOMLI(EXPÉNDITUftEI 45,170 RECONCILIATION OF FUNDS Totsi bTOught f4rWArd 127.8TI TOTAL FUNDSCARRIED FORWARD TANGIBLE FIXED ASSETS Fixture5 dnd Museum catalogue Motor v¢hi¢le5 Total$ COST At I August2022 Aldition5 80,482 42.769 12.059 Ai31 Jyly2023 146 839 DEPRECIATION At l August 2022 Chprg¢ foryÈar 29,890 21,002 53.907 At31 July 2023 NET BOOK VALUI At31 Suly 2022 Page 12 COTInued...
vicroRIA CROSS TRUSf NOTES TO THE FINANCIAL STATEMENTS- tontlnued FOR THE YEAR ENDKD 31 JULY 2fj2J 31.7.22 DEBTORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR 31.7.23 31.7.22 Trad¢debior5 Oth¢rts¥ation epaymcnts and otherdtbtots 559 5.328 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YllAR 31.7.23 OthErtLYation and 5OCial 5EBurity Accruals Irtd other creditots 6J77 736 LEASING AGREBMENTS Minimum lease payments utsder non-cBncellable operiD8 leases fall duc follows.. 31.7.23 31.7.22 Withth one yeoT Bciween fjne ond five yea 24.942 6,392 13. MOVEMENT IN FUNDS Net movement in funds Al 31.723 Al 1.8.22 Vnrc51rirted funds General fund 171,026 (29,372} Restricd Fund5 2.021 2,021 TOTALFUNDS l73 047 143 675 Pag¢ 13 oniinued...
VICTORIA CIiOSS TRUST NOTES TO THE FANCIAL STATEM£NTS-rOntinved FOR THE YEAR ENDED JI JULY 2023 13. MOVEMENT IN FUNDS- rontiDued Net thoyernent in funds, thcludtd Jn the abovtAYe as follow5.' Inwrning r¢sourcE5 Resouttes expended MDvemEnl in funds VTrJrttstrirttd funds GenetÈl 192,652 1222.0241 (29,3721 Rosltlcied Restr)Cttd Funds TOTAL FUNDS 222 0241 Compar*tives for rntsvemeni itt funds Ntt movement ui fvnds Al UDre51ri¢t¢d fuTrds General fund Re5tricttd fund5 R¢stric(¢d Funds 2.021 TOTALFUNDS 127 877 CoTnparative nvtmovem¢nt in funds. clUded in the pbove art as follow5.. lttcomin8 resources Re50urc¢s expended moVeent tunés Umrt5tritted futtds General fund 196.350 45,170 Re5tritttd fuThdi Restri¢ted Funds TOTAL FUNDS Pa8¢ 14 eofttinued...
vicroRIA CROSS TRUST NOTES TO THE FINANCIALSTATEMENTS- vJptin¥¢d FOR THE YEAR ENDED31 JIJLY 2023 MOVEMBpwf IN FUNDS- ¢Trntinued A euttentyear 12 months And prior year 12 months combed POSiiiOD follows." Net moyernent In furtds At 31.7.23 UTrTè&trirted ffuThdi Gtnetal tund 125.856 Restricted fund5 Restri¢i¢d Fund5 2.021 TOTAL FUND5 127 877 143 675 A current ytor 12 months and prioryeor 12 months cornbin nti rnovement in fvnds, included ID th¢ &bove Are follows-. Irbcornin8 resoue5 RE50urr¢s ¢xpend¢a Movement funds UThrtstrlcled fNdS General fund 389.W2 1373.2041 15,798 Restdct¢d fllTrd Rtstri¢ied Funds 14,788 TOTAL FUNDS 387992 14. RELATED PARTY DISCLOSURE5 There Wert no related paity transactions forthe year ended 31 July2023. Pa#t 15
VICTORIA CROSS TRUST DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JULY 2r113 31.7.23 INCOME AND ENDOWMENTS Domgth)ns and kgieks Donations Gtants 7,229 7,229 Oth¢rtradiDg Activitir• Sales 184 859 184,859 179.382 IntErtst receivable 164 Oiher Income BAnk compensation 400 400 Totsl re4ourc¢5 192,652 EXPENDITURE Other Ira¢Jimg adlvllses Purthas¢s 94,594 80.J99 ebritble attivities Wages and national sUr81Ct Pensions Reni¥nd rates Lighi and heat TelephonE ternet Orre expcnses aJ)d 51ationery Advtrtisirtgand prom10 Cltartingand sundry ¢xpenses Insurnnce Repairs and maintenance Motor expenses and travellin8 43.184 754 39,494 20,810 466 782 475 1.539 2,540 3,775 292 2.799 6.058 2.210 2.795 729 2,274 3,429 68,392 ProfessionAI fecs Consultancy fees Carried forward This page doe5 not forni parrofthe 5tatuwry finAn¢ial SLittmen Pase 16
VICTORIA CROSSTRvsr DETAILED STATEMENT OF FINANCIAL ACTIVITILS FOR THB YEAR ENDED JI JULY 2023 31.7.23 31.7.22 Charitabl¢ti¥1ÈIe5 Brougbrforward Grav¢ ¢lvaning PDdoth¢r projects J)onatlDnl Haulagt Deprtciatio Bankth?r8e5 68,392 2,387 72 650 12.290 Total resoureestxKded 222 024 165 968 Net Inwmel(txpendlturt) 29 This pag¢do¢8 not fonn p•rt ofth¢ stst0ry finAiiCIAI statement$ Page 17