**REGISTERED CHARITY NUMBER: 1154806**
## **REPORT OF THE TRUSTEES AND**
## **UNAUDITED FINANCIAL STATEMENTS**
## **FOR THE YEAR ENDED 31 DECEMBER 2023**
## **FOR**
## **SUFFOLK PRESERVATION SOCIETY**
Walter Wright Chartered Accountants 89 High Street Hadleigh Ipswich Suffolk IP7 5EA
**SUFFOLK PRESERVATION SOCIETY**
**CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023**
||**Page**||
|---|---|---|
|**Reference and Administrative Details**|1||
|**Report of the Trustees**|2 to|5|
|**Independent Examiner's Report**|6||
|**Statement of Financial Activities**|7||
|**Balance Sheet**|8||
|**Notes to the Financial Statements**|9 to|14|
|**Detailed Statement of Financial Activities**|15 to|16|
**SUFFOLK PRESERVATION SOCIETY**
**REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 DECEMBER 2023**
**TRUSTEES** Mrs L Hunt B Kindred MBE BA MRTPI IHBC (resigned 10.6.23) N Pearson OBE FCSI Dr J Tipper PHD Cantab FSA (resigned 10.6.23) R Townshend Dip LA CHLI Hon FRBS Mrs J A Ward BA (Hons) Dip.TP MBA MRTPI T Seymour LLB Hons S Sturgis AADip RIBA Sir G Quilter K Debenham MSc DIC ACIB MA R Bunn (appointed 10.6.23)
**REGISTERED OFFICE** Little Hall Market Place Lavenham Sudbury Suffolk CO10 9QZ **REGISTERED CHARITY** 1154806 **NUMBER INDEPENDENT EXAMINER** Walter Wright Chartered Accountants 89 High Street Hadleigh Ipswich Suffolk IP7 5EA
Page 1
**SUFFOLK PRESERVATION SOCIETY**
**REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023**
The trustees present their report with the financial statements of the charity for the year ended 31 December 2023. The trustees have adopted the provisions of 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) (effective 1 January 2019).
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
The Society works to preserve and enhance the buildings, landscape and coastline of Suffolk. It continues to pursue this key aim by making professional informed representations on planning applications arising anywhere in the county where, in the opinion of the Society's professionally qualified planning officers, those developments would harm the interests the Society seeks to protect. This work is critical in preserving the best of the county's common inheritance for the benefit of all.
## **Review of activities**
SPS has had another good year with increased outputs, impacts and successes, all underlined by a steady increase in membership. We thank all our members, new and old, for supporting us in our very important work. Our members give us our mandate, help us to raise crucial income, but more importantly help us to raise our voice and increase our effectiveness. The last twelve months have seen a continued growth in major development across Suffolk; SPS planners have been heavily engaged with this. However, we have also widened the scope of our work with a number of exciting new initiatives.
The Society had an extremely successful and well supported programme of events in 2023 with visits to the Heritage Action Zone in Lowestoft; Ickworth Park; Cockfield Hall and culminating in a one day retrofit seminar, with speakers from SPAB and English Heritage.
## **Routine planning activities**
Through our sustained campaigning work, we have seen some real successes this year in the proposed changes to the Levelling Up Bill. This sees a major planning breakthrough with the scrapping of housing targets which have so often meant damaging development in Suffolk because of top-down targets, disempowering planning authorities and disenfranchising local communities. Other important breakthroughs include a major shift in government policy to prioritise the development on brownfield (previously developed) land over greenfield.
The Society's position remains that the scale and complexity of each of these very large applications has the potential to overwhelm the finite resources of the charity. Accordingly, the trustees have agreed that the Society would provide support, as far as capacity allows, in terms of signposting special interest groups to appropriate specialist expertise, and offering input on their evidence, using our own in-house expertise. The Society has concluded that to fight all of these energy applications 'all the way' would prevent it from discharging its duties to the rest of the county where many other pressing applications arose during the year.
Our work with communities in Suffolk has continued to include exciting project work. In 2023 we were successful in a third and final round of funding from CPRE, to reinstate/restore hedgerows in the Dedham Vale AONB as part of the Hedgerow Heroes campaign. SPS has been pleased to work with the Dedham Vale Farmer Cluster to secure vital funding for the last phase of this important restoration work.
We are proud that we have been able to work with and offer support to a number of single-issue campaign groups in Suffolk. In particular, we are pleased to have supported the Say No to Sunnica group campaigning against Sunnica, a solar factory in West Suffolk and East Cambridgeshire.
We have also worked closely with a community group known as CARE Suffolk who are fighting for the best outcomes from 3 solar farms in and around Bramford. We have continued to support the work of SASES and SEAS, who have campaigned tirelessly against the selection of Friston for an energy hub near the east coast. We have supported their work by writing to MPs and ministers at crucial points in their campaign.
Page 2
**SUFFOLK PRESERVATION SOCIETY**
**REPORT OF THE TRUSTEES - Continued FOR THE YEAR ENDED 31 DECEMBER 2023**
## **OBJECTIVES AND ACTIVITIES**
## **Routine planning activities (continued)**
Finally, we have been pleased to work alongside the local Amenity Groups in the Suffolk, who are pushing local MPs to resist the proposed pylon lines by National Grid. Together we are standing up for Suffolk, holding our local representatives to account, pushing back on damaging schemes and demanding that affected communities' voices are heard. To this end, the Society, in conjunction with CPRE Essex and Norfolk, have commissioned a report on the Norwich to Tilbury pylon proposals called "Greening the Great Grid Upgrade". This important document has been circulated widely to MPs, Councillors, affected Local Parish Councils, National Grid and a number of other relevant parties.
SPS has had a good year with a range of strong outputs, impacts and successes, all underlined by a 6% increase in membership. We thank all our members, new and old, for supporting us in our very important work. Our members give us our mandate, help us to raise crucial income, but more importantly help us to raise our voice and increase our effectiveness. The last twelve months has seen a continued growth in some major development across Suffolk, especially large scale commercial solar; SPS planners have been heavily engaged with this. However, we have also widened the scope of our work including enhanced campaigning on the upgrading of the energy transmission that will have a major impact upon our countryside.
Increasing the income of the Society is key and to this end corporate supporters have been recruited, each for a five-year period: Castleacre Insurance Services Ltd; Birketts (Ipswich) and Reeman Dansie Auctions. It is the Society's intention to continue to recruit corporate sponsors in 2024.
## **Public benefit**
The Trustees confirm that they have referred to the Charity Commissioners' General Guidance on Public Benefit when reviewing the Charity's aims and objectives and in formulating future plans.
## **FINANCIAL REVIEW**
## **Financial position**
In early 2025 the trustees were alerted to a serious situation involving the Society's financial position that came to light and materially impacted each of the Financial Years 2021 to 2024. In particular it transpired that during the period that COVID 19 restrictions were in place, and continuing thereafter, significant sums have been diverted from the Society without authorization, including numerous payments out of the Society's bank account. The total amount is in excess of £123K in respect of the four years 2021 to 2024, with other years also impacted.
The matter was immediately reported to the Police, and investigations continue with the involvement of specialist anti-fraud officers. An employee of the Society was suspended and subsequently dismissed. The Charity Commission was promptly informed, and we have been in regular contact since then. The Commission has acknowledged that the matter is being addressed appropriately.
As well as the financial loss, the impact on the Society's administration has been considerable, including the loss or destruction of almost all of the financial records. The financial data and materials put before the trustees were not authentic and, contrary to the trustees' understanding and belief, had not been independently examined. In consequence, it has been necessary to reconstruct Annual Accounts for the years 2021 to 2024 relying exclusively on copy bank statements and other external sources. At bottom, while in this report the trustees are confident that the Society's total income and expenditure are correct; the constituent elements have been assessed to the best of our ability on what we have available.
In the twelve months to December 2023 the Society's total revenues amounted to £122,601, while total expenditure was £226,045, resulting in a gross deficit of £103,444. This was partially offset by investment gains of £31,434 to leave a net deficit of £72,010. This figure includes unauthorized spending during the year of £36,929 (in the circumstances outlined in the Financial Review).
Total funds carried forward amounted to £448,014 at the year end.
Page 3
**SUFFOLK PRESERVATION SOCIETY**
**REPORT OF THE TRUSTEES - Continued FOR THE YEAR ENDED 31 DECEMBER 2023**
## **Investment policy**
CCLA continue to advise the Society, based on a moderate risk strategy which resulted in a steady increase in fund into the third and final quarter of the year.
## **Reserves policy**
The Society will continue to husband its reserves with caution, and the importance of these reserves has become increasingly important as effects of the global economic downturn and increasing overheads continue to bite.
## **FUTURE PLANS**
The key objective of the Society during the continuing adverse phases of the global and national economic downturn must be to control its finances wisely and to control its costs where it can whilst focussing energy of staff and trustees on sustaining the valuable planning work output of the team. If the Society can continue do this it will be fulfilling its charitable objects and striving to protect and enhance the natural and man-made beauty of the whole of Suffolk.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document based on the "associated" model Charitable Incorporated Organization constitution published by the Charity Commission, adopted on 25 November 2013. The Charity's constitution was updated during 2021 and adopted on 5 November 2021. However, Trustee Thomas Seymour, has proposed a few minor amendments for the purpose of clarification which we hope will be approved by our members at this AGM.
The Charity commenced its undertaking as a Charitable Incorporated Organization (CIO) number 1154806 on 1 January 2014 having taken over the liabilities and assets of the previous charity number 249981.
## **Recruitment and appointment of new trustees**
The Society is a registered charity and is supported by a number of Trustees who constitute the Board. New Trustees are nominated by the Board drawing on their experience and, subject to approval are co-opted on to the Board of the Society. They will become full Trustees by confirmation of their status by a vote at the following AGM together with being a full member of the CIO.
On becoming a Trustee, the candidate is given a welcome package including details of meetings, the organization of the Society and duties and obligations of being a Trustee, as identified in Charity Commission guidance.
Rachel Bunn was appointed as a trustee by members at the AGM on 10 June 2023. Longstanding trustees Bob Kindred and Dr Jess Tipper retired with our thanks and appreciation for their efforts on behalf of the Society
## **Organizational structure**
The Board is supported by a paid Director, who is both a qualified Planning Officer and a Conservation Officer, a Planning Officer and an Office Manager, all of whom are part-time. The Chairman and Director are available to answer any questions the Trustees may have.
## **Decision making**
The Trustees comprise the Board which sets policy and strategy and has an overriding duty to ensure the Society acts within its remit and manages its assets wisely and prudently.
Page 4
**SUFFOLK PRESERVATION SOCIETY**
**REPORT OF THE TRUSTEES - Continued FOR THE YEAR ENDED 31 DECEMBER 2023**
## **Relationship with other Charities and with Related Parties**
The Society acts as the Suffolk representative of the Campaign to Protect Rural England (CPRE) to whom CPRE members pay their subscriptions direct at rates determined from time to time by the CPRE. The CPRE determines the share of each individual subscription which the Society is entitled to receive back in respect of its numbers. For the year to 31 December 2023 the Society received 50% of the total subscriptions paid by its members direct to the CPRE.
The Society rents an office within Little Hall in Lavenham, in a building owned by the Suffolk Building Preservation Trust. After the four-year contractual term of the lease came to an end in October 2023, the Society’s tenancy continues under the terms of the Landlord and Tenant Act 1954.
## **GOING CONCERN**
The Trustees have given careful consideration to the question of 'going concern '. In the light of the financial information given in the report above, and excluding any speculative valuation on the balance of the Jeanne Walker legacy, the Trustees are of the opinion that it is appropriate to continue to prepare its accounts on the 'going concern basis' during the 12 months from the date of approval of these accounts.
Approved by order of the board of trustees on 8 December 2025 and signed on its behalf by:
................................................................. R Townshend Dip LA CHLI Hon FRBS - Trustee
Page 5
**INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SUFFOLK PRESERVATION SOCIETY**
## **Independent examiner's report to the trustees of Suffolk Preservation Society ('the Charity')**
I report to the charity trustees on my examination of the accounts of the Charity for the year ended 31 December 2023.
## **Responsibilities and basis of report**
As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's statement - matters of concern identified**
I have completed my examination.
In early 2025, the trustees became aware that suppliers to the Charity had not been paid. A full investigation was subsequently carried out, which revealed that a significant number of payments had been made without the trustees’ authorisation.
It is alleged that an employee was able to redirect supplier payments and other funds to their personal bank account, without the trustees’ knowledge.
Suffolk Police are currently investigating the matter.
Between 2021 and 2024, the trustees have identified misappropriated funds totalling £123,410. Of this, £30,011 relates to the financial year under review.
Furthermore, accurate accounting records had not been maintained since 2021. As a result, the trustees have had to reconstruct the financial records in order to prepare these accounts. I have reviewed the accounts against the underlying information reconstructed records; however, I have not conducted an audit, as this falls outside the scope of I engagement.
I confirm that no other matters have come to my attention in connection with the examination giving me reasonable cause to believe that in any material respect:
1. except for the matter of concern noted above accounting records were not kept in in accordance with section 130 of the Charities Act; or the accounts do not accord with those records; or
2. the accounts do not accord with those records; or
3. the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.; and
4. 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 confirm that there are no other matters to which your attention should be drawn to enable a proper understanding of the accounts to be reached.
M A Wallace TEP CTA FCA The Institute of Chartered Accountants in England and Wales Walter Wright, Chartered Accountants 89 High Street, Hadleigh
Ipswich. IP7 5EA
Date: 8 December 2025
Page 6
**SUFFOLK PRESERVATION SOCIETY**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023**
|2023
Unrestricted
fund
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
3,380
Other trading activities
2
108,671
Investment income
3
10,550
**Total**
122,601
**EXPENDITURE ON**
**Raising funds**
Other trading activities
63,979
63,979
**Charitable activities**
Management and administration
123,972
Other
38,094
**Total**
226,045
Net gains/(losses) on investments
31,434
**NET INCOME/(EXPENDITURE)**
(72,010)
**RECONCILIATION OF FUNDS**
Total funds brought forward
520,024
**TOTAL FUNDS CARRIED FORWARD**
448,014|2022
Total
funds
£
23,150
128,485
10,733
162,368
52,777
52,777
123,452
30,055
206,284
(45,110)
(89,026)
609,050
520,024|
|---|---|
The notes form part of these financial statements
Page 7
**SUFFOLK PRESERVATION SOCIETY**
## **BALANCE SHEET**
## **31 DECEMBER 2023**
|2023
Unrestricted
fund
Notes
£
**FIXED ASSETS**
Intangible assets
7
587
Tangible assets
8
1,177
Investments
9
376,221
377,985
**CURRENT ASSETS**
Debtors
10
2,507
Cash at bank
108,075
110,582
**CREDITORS**
Amounts falling due within one year
11
(32,271)
**NET CURRENT ASSETS**
78,311
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
456,296
**CREDITORS**
Amounts falling due after more than one year 12
(8,282)
**NET ASSETS**
448,014
**FUNDS**
13
Unrestricted funds
448,014
**TOTAL FUNDS**
448,014|2022
Total
funds
£
1,175
1,903
344,787
347,865
4,044
191,543
195,587
(14,059)
181,528
529,393
(9,369)
520,024
520,024
520,024|
|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 8 December 2025 and were signed on its behalf by:
.............................................
R Townshend Dip LA CHLI Hon FRBS - Trustee
The notes form part of these financial statements Page 8
continued...
**SUFFOLK PRESERVATION SOCIETY**
**NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements have been prepared in accordance with the Charities SORP (FRS 102) '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) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011.The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets.
The charity has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':
- the requirements of Section 7 Statement of Cash Flows;
- the requirement of paragraph 33.7.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Life subscriptions are brought into incoming resources over a period of ten years from the year of receipt.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Intangible fixed assets**
The computer software cost relates to the charities new website. The website did not go live until January 2020 and will be amortized on a straight line basis over five years from 2020.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
-
- Office equipment 20% on reducing balance
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Fund accounting**
The charity did not hold any restricted funds during the year.
## **Hire purchase and leasing commitments**
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
## **Pension costs and other post-retirement benefits**
The charity operates a defined contribution pension scheme. Contributions payable to the charity’s pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
Page 9
continued...
**SUFFOLK PRESERVATION SOCIETY**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023**
## **2. OTHER TRADING ACTIVITIES**
|**2.**
**OTHER TRADING ACTIVITIES**||||
|---|---|---|---|
|Subscriptions
Functions income
SPS Newsletter income
**3.**
**INVESTMENT INCOME**
Investment income|2023
£
27,562
81,026
83
108,671
2023
£
10,550|2022
£
46,464
82,021
-||
|||128,485||
||||
2022
£
10,733|
## **4. NET INCOME/(EXPENDITURE)**
Net income/(expenditure) is stated after charging/(crediting):
|2023
£
Depreciation - owned assets
726
Other operating leases
4,000
Computer software amortisation
588|2022
£
797
4,000
588|
|---|---|
## **5. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 December 2023 nor for the year ended 31 December 2022.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 December 2023 nor for the year ended 31 December 2022.
## **6. STAFF COSTS**
The average monthly number of employees during the year was as follows:
|Management and administration
Direct charitable expenditure|2023
1
2
3|2022
1
2
3|
|---|---|---|
No employees received emoluments in excess of £60,000.
Page 10
continued...
**SUFFOLK PRESERVATION SOCIETY**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023**
## **7. INTANGIBLE FIXED ASSETS**
|**7.**|**INTANGIBLE FIXED ASSETS**||
|---|---|---|
|||Computer|
|||software|
|||£|
||**COST**||
||At 1 January 2023 and||
||31 December 2023|2,938|
||**AMORTISATION**||
||At 1 January 2023|1,763|
||Charge for year|588|
||At 31 December 2023|2,351|
||**NET BOOK VALUE**||
||At 31 December 2023|587|
||At 31 December 2022|1,175|
|**8.**|**TANGIBLE FIXED ASSETS**||
|||Office|
|||equipment|
|||£|
||**COST**||
||At 1 January 2023 and||
||31 December 2023|36,212|
||**DEPRECIATION**||
||At 1 January 2023|34,309|
||Charge for year|726|
||At 31 December 2023|35,035|
||**NET BOOK VALUE**||
||At 31 December 2023|1,177|
||At 31 December 2022|1,903|
|**9.**|**FIXED ASSET INVESTMENTS**||
|||Listed|
|||investments|
|||£|
||**MARKET VALUE**||
||At 1 January 2023|344,787|
||Revaluations|31,434|
||At 31 December 2023|376,221|
||**NET BOOK VALUE**||
||At 31 December 2023|376,221|
||At 31 December 2022|344,787|
There were no investment assets outside the UK.
Page 1
continued...
**SUFFOLK PRESERVATION SOCIETY**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023**
## **9. FIXED ASSET INVESTMENTS - continued**
Cost or valuation at 31 December 2023 is represented by:
|Valuation in 2023
At 31 December 2023 the Society's investments at market value were:-
COIF Charities Investment Fund Income Units
**10.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
2023
£
Prepayments and accrued income
2,507
**11.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
2023
£
Social security and other taxes
20,071
Life subscriptions
2,666
Accrued expenses
9,534
32,271
**12.**
**CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR**
2023
£
Life subscriptions
8,282
**13.**
**MOVEMENT IN FUNDS**
**Unrestricted funds**
Net
movement
At 1.1.23
in funds
£
£
General fund
520,024
(72,010)
**TOTAL FUNDS**
520,024
(72,010)|Listed
investments
£
376,221
376,221
£ 376,221
2022
£
4,044
2022
£
5,211
2,491
6,357
14,059
2022
£
9,369
At
31.12.23
£
448,014
448,014|Listed
investments
£
376,221
376,221
£ 376,221
2022
£
4,044
2022
£
5,211
2,491
6,357
14,059
2022
£
9,369
At
31.12.23
£
448,014
448,014|Listed
investments
£
376,221
376,221
£ 376,221
2022
£
4,044
2022
£
5,211
2,491
6,357
14,059
2022
£
9,369
At
31.12.23
£
448,014
448,014|
|---|---|---|---|
|||£||
||||
|
Page 12
continued...
**SUFFOLK PRESERVATION SOCIETY**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023**
## **13. MOVEMENT IN FUNDS - continued**
Net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**TOTAL FUNDS**|Incoming
resources
£
122,601
122,601|Resources
expended
£
(226,045)
(226,045)|Gains and
Movement
losses
in funds
£
£
31,434
(72,010)
31,434
(72,010)|
|---|---|---|---|
## **Comparatives for movement in funds**
|**Unrestricted funds**
General fund
**TOTAL FUNDS**|At 1.1.22
£
609,050
609,050|Net
movement
in funds
£
(89,026)
(89,026)|At
31.12.22
£
520,024
520,024|
|---|---|---|---|
Comparative net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**TOTAL FUNDS**|Incoming
resources
£
162,368
162,368|Resources
expended
£
(206,284)
(206,284)|Gains and
losses
£
(45,110)
(45,110)|Movement
in funds
£
(89,026)
(89,026)|
|---|---|---|---|---|
A current year 12 months and prior year 12 months combined position is as follows:
|**Unrestricted funds**
General fund
**TOTAL FUNDS**|Net
movement
At
At 1.1.22
in funds
31.12.23
£
£
£
609,050
(161,036)
448,014
609,050
(161,036)
448,014|
|---|---|
Page 13
continued...
**SUFFOLK PRESERVATION SOCIETY**
**NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2023**
## **13. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**TOTAL FUNDS**|Incoming
resources
£
284,969
284,969|Resources
expended
£
(432,329)
(432,329)|Gains and
losses
£
(13,676)
(13,676)|Movement
in funds
£
(161,036)
(161,036)|
|---|---|---|---|---|
## **14. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 December 2023.
Page 14
**SUFFOLK PRESERVATION SOCIETY**
**DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023**
|**INCOME AND ENDOWMENTS**
**Donations and legacies**
Donations
**Other trading activities**
Subscriptions
Functions income
SPS Newsletter income
**Investment income**
Investment income
**Total incoming resources**
**EXPENDITURE**
**Other trading activities**
Functions expenditure
SPS Newsletter expenses
Media activity
**Charitable activities**
Wages
Social security
Pensions
**Other**
Interest payable
Exceptional items
**Support costs**
**Management**
Rent
Insurance
Telephone
Postage and stationery
Sundries
Computer expenses
Books and publications
Carried forward|2023
£
3,380
27,562
81,026
83
108,671
10,550
122,601
56,932
5,247
1,800
63,979
89,603
3,471
7,608
100,682
1,799
36,295
38,094
4,000
663
4,308
1,377
4,104
1,936
240
16,628|2022
£
23,150
46,464
82,021
-|
|---|---|---|
|||128,485
10,733|
|||162,368
45,479
2,948
4,350|
|||52,777
89,773
3,951
7,546|
|||101,270
44
30,011|
|||30,055
4,000
650
3,545
377
6,793
1,522
1,240
18,127|
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Page 15
**SUFFOLK PRESERVATION SOCIETY**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023**
|**Management**
Brought forward
Accountancy
Consultancy
AGM
Subscriptions
Computer software
Depreciation of office equipment
Total resources expended
**Net expenditure before gains and losses**
**Investment gains / (losses)**
Gains / (losses) on investments
**Net expenditure**|2023
£
16,628
2,772
1,750
70
756
588
726
23,290
226,045
(103,444)
31,434
(72,010)|2022
£
18,127
2,177
-
-
493
588
797
22,182
206,284
(43,916)
(45,110)
(89,026)|
|---|---|---|
This page does not form part of the statutory financial statements
Page 16