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|Charity
information.|||
|---|---|---|
|Trustees' report.|||
|Independent
Examiner's||report|
|Statement
of financial|activities||
|Balance sheet|||
|Statement
ofcash flows|||
|Notes to the financial|statements||
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||||Unrestricted|Restricted|Permanent|Total|Total|
|---|---|---|---|---|---|---|---|
|||Notes|funds|funds
E|endowment
E|2022f|202i
f.|
|Income from:||||||||
|Grants and donations||||||||
|Donations|||20,421|||20,421|38,034|
|East Riding of Yorkshire|Council|||||||
|Grant|||63,979|||63,979|14,143|
|C3RS Grant|||||||3,478|
|Charitable
activities||||||||
|Operation
of Garden
and|Museum||363,236|||363,236|376,975|
|Other trading
activities||||||||
|Other income|||95,775|||95,775|22,403|
|Investments||||||||
|Investment
income and|interest|4|35,152|||35,152|18,562|
|Other income|||12,433|||12,433|61,286|
|Total income|||590,996|||590,996|534,881|
|Expenditure
on:||||||||
|Raising funds|||15,186||5,681|20,867|5,699|
|Charitable
activities|||475,223|29,743||504,966|413,095|
|Total expenditure|||490,409|29,743|5,681|525,833|418,794|
|Net income/(expenditure)|before|||||||
|other recognised
gains and losses|||100,587|(29,743)|(5,681)|65,163|116,087|
|Revaluation
of investment||||||||
|properties|||||||50,000|
|Realised and unrealised
(losses)/gains
on investments||10|||(83,323)|(83,323)|60,663|
|Net income/(expenditure)|||100,587|(29,743)|(89,004)|(18,160)|226,750|
|Transfers
between
funds|||(12,383)|1,383|11,000|||
|Net movement
in funds|||88,204|(28,360)|(78,004)|(18,160)|226,750|
|Funds brought
forward|||672,333|540,158|1,001,306|2,213,797|1,987,047|
|Funds carried forward|||760,537|511,798|923,302|2,195,637|2,213,797|
##
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|alance sheet|as|at 3|1Decemb|er 2022||||
|---|---|---|---|---|---|---|---|
||||||2022||2021|
|||||Notes||||
|Fixed assets||||||||
|Tangible assets||||||1,041,782|1,029,124|
|Investment
property||||||200,000|200,000|
|Other investments||||10||550 398|636855|
|||||||1,792,180|1,865,979|
|Current assets||||||||
|Debtors|||||20,903||11,962|
|Stock —goods for|resale||||8,233|||
|Cash at bank and|in hand||||411,925||364,061|
||||||441,061||376,023|
|Creditors: Amounts||falling due||||||
|within one year||||12|37 604||28 205|
|Net current assets||||||403 457|347,818|
|Total assets less|current||liabilities|||2,195,637|2,213,797|
|Funds ofthe Charity:||||||||
|Unrestricted||||13||760,537|672,333|
|Restricted||||||511,798|540,158|
|Permanent
endowment||||15||923,302|1,001,306|
|Total funds||||16||2,195,637|2,213,797|
##
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||||||2022|2021|
|---|---|---|---|---|---|---|
||||||E||
|Cash flows from operating
activities:|||||||
|Net cash generated
by operating||activities|(see below)||81,153|168,199|
|Cash flows from investing
activities:|||||||
|Interest
received|||||94|15|
|Dividends
received|||||29,478|18,457|
|Investment
property
rental|||||5,580|90|
|Purchase of investments|||||(204,881)|(26,807)|
|Proceeds from sale of investments|||||208,015|17,837|
|Proceeds from sale of fixed assets|||||1,800||
|Purchase of tangible
fixed assets|||||(73,375)|(42,402)|
|Net cash used
in investing
activities|||||(33,289)|(32,810)|
|Change
in cash and cash equivalents|||in the year||47,864|135,389|
|Cash and cash equivalents
at the||beginning
ofthe year|||364,061|228,672|
|Cash and cash equivalents
at|the end||ofthe year||411,925|364,061|
|Reconciliation
of net income to||net cash flow from operating||activities|||
||||||2022|2021|
|Net (expenditure)/income
for the|year||||(18,160)|226,750|
|Depreciation
charge|||||58,917|56,863|
|Dividends
received
Interest
received|||||(29,478)
(94)|(18,457)
(15)|
|Investment
property
rental
(Increase)/decrease
in stock|||||(5,580)
(8,233)|(90)|
|Losses/(gains)
on investments|||||83,323|(110,663)|
|(Increase)/decrease
in debtors
Increase
in creditors|||||(8,941)
9,399|4,013
9,798|
|Net cash flow from operating|activities||||81,153|168,199|
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|Analysis of inv|estment
and other income|||
|---|---|---|---|
|Other income||2022f|2021|
|Retail sales and commissions||56,931||
|Cafe rent||25,115|13,913|
|Cafe utilities||12,316|4,890|
|Shop rent and service|||1,800|
|Other income||1,413|1,800|
|||95,775|22,403|
|Investment
income|and interest|2022f||
|UK listed securities||29,478|18,457|
|UK cash deposits||||
|Investment
property|rental|5,580|90|
|||35,152|18,562|
##
##
|5.|Analysis oftotal|expenditure|expenditure|expenditure|expenditure|||Permanent|Total|
|---|---|---|---|---|---|---|---|---|---|
|Year ended 31Dcember||||2022||Unrestricted
f|Restricted
f|endowmentf|2022f|
|Investment
management||||costs:||||||
||Investment
management|||fees||||5 681|5681|
|||||||||5681|5 681|
|Fundraising
costs:||||||||||
||Shop purchases|||||15 186|||15 186|
|||||||15 186|||15186|
|Charitable
activities||(including|||museum|and gardens):||||
||Staff costs|||||262,134|||262,134|
||Other staff expenses|||||3,257|||3,257|
||Rates|||||2,011|||2,011|
||Insurance|||||10,970|||10,970|
||Fuel and light|||||20,750|||20,750|
||Cleaning|||||10,485|||10,485|
||Repairs and renewals|||||16,839|||16,839|
||Events expenses|||||13,363|||13,363|
||Printing,
stationery,
postage and
advertising|||||11,026|||11,026|
||Telephone|||||2,944|||2,944|
||Computer
costs|||||8,840|||8,840|
||Motor expenses|||||3,253|||3,253|
||Independent
examination|||||1,900|||1,900|
||Accountancy|||||8,980|||8,980|
||Legal and professional||fees|||13,016|||13,016|
||Bank and credit card|charges||||13,182|96||13,278|
||Subscriptions|||||2,478|||2,478|
||Miscellaneous|||||790|||790|
||Depreciation|||||32,270|26,647||58,917|
||Trustees'
meeting
expenses|||||2,860|||2,860|
||Garden
and museum|upkeep||||33,875|||33,875|
||Hall acquisition
project||costs||||3000||3000|
|||||||475 223|29 743||504966|
|Total expenditure||||||490,409|29,743|5,681|525,833|
##
##
|5.
Analysis oftotal|ex|pen|ditur|e
(conti|nued)||||
|---|---|---|---|---|---|---|---|---|
||||||||Permanent|Total|
|Year ended 31Dcember||2021|||Unrestricted
f|Restricted
f|endowment|2021|
|Investment
management||costs:|||||||
|Investment
management||fees|||||5 699|5 699|
||||||||5 699|5 699|
|Charitable
activities|(including|||museum|and gardens):||||
|Staff costs|||||199,947|||199,947|
|Other staff expenses|||||5,359|||5,359|
|Rates|||||4,933|||4,933|
|Insurance|||||9,240|||9,240|
|Fuel and light|||||18,872|||18,872|
|Cleaning|||||6,874|||6,874|
|Repairs and renewals|||||13,588|||13,588|
|Events expenses|||||9,986|||9,986|
|Printing,
stationery,
postage
advertising|||and||9,118|||9,118|
|Telephone|||||2,583|||2,583|
|Computer
costs|||||5,304|||5,304|
|Motor expenses|||||1,309|||1,309|
|Independent
examination|||||1,800|||1,800|
|Accountancy|||||12,500|||12,500|
|Legal and professional|fees||||50|||50|
|Bank and credit card|charges||||13,575|72||13,647|
|Subscriptions|||||2,863|||2,863|
|Miscellaneous|||||4,233|890||5,123|
|Depreciation|||||35,863|21,000||56,863|
|Trustees'
meeting
expenses|||||1,863|||1,863|
|Garden
and museum|upkeep||||24,751|||24,751|
|Other equipment|||||5,267|||5,267|
|Hall acquisition
project costs||||||1 255||1255|
||||||389878|23 217||413095|
|Total expenditure|||||389,878|23,217|5,699|418,794|
##
##
|Employment
costs|||
|---|---|---|
||2022f|2021|
|Staff costs comprise:|||
|Wages and salaries|242,362|183,395|
|Social security costs|13,260|12,811|
|Pension costs|6 512|3741|
||262 134|199947|
##
||||2022f|2021f|
|---|---|---|---|---|
|Isstated after charging:|||||
|independent|examiner's|remuneration|1,900|1,800|
|Examiner's|remuneration|for other services|2,550|2,400|
##
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##
||Land and|Asset under|||
|---|---|---|---|---|
||buildings
f|construction
f|Equipment
E|Total
E|
|Cost or valuation|||||
|At 1 January
2022|1,491,112|8,862|183,061|1,683,035|
|Additions||61,056|12,319|73,375|
|Disposal|(1,800)|||(1,800)|
|At 31 December 2022|1,489,312|69,918|195,380|1,754,610|
|Depreciation|||||
|At 1 January
2022|497,408||156,503|653,911|
|Charge for the year|45,408||13,509|58,917|
|At 31 December 2022|542,816||170,012|712,828|
|Net book values|||||
|At 31 December 2022|946,496|69,918|25,368|1,041,782|
|At 31 December 2021|993 704|8862|26 558|1029 124|
##
##
||||2022f|2021|
|---|---|---|---|---|
|Investment|property||||
|Market value|at 1 January|2022|200,000|150,000|
|Revaluation|gain|||50,000|
|Market value|at 31 December 2022||200,000|200,000|
|Historic cost|of investment|property|42 353|42 353|
##
##
|Notes to th|e Financi|al Sta|te|me|nts
for the year ended|31December 20|22|
|---|---|---|---|---|---|---|---|
|10.
Other|investments|||||||
|||||||2022f|2021f|
|Listed investments:||||||||
|Market value|of listed investments|||at 1|3anuary 2022|621,855|552,222|
|Additions||||||204,881|26,807|
|Disposals||||||(208,015)|17,837)|
|||||||618,721|561,192|
|Realised
and|unrealised|(losses)/gains|||on investments|(83,323)|60,663|
|Market value of listed||investments|||at 31December 2022|535,398|621,855|
|Investment|in subsidiary
undertaking|||||||
|Stewart's
Burnby
Hall (Trading)|||Limited|||15,000|15,000|
|Tota I investments||||||550 398|636855|
|Historic cost|of listed investments|||||470 220|398530|
|Stewart's
Burnby|Stewart's
Burnby|Hall (Trading)|Hall (Trading)|Limited results|Limited results|2022f|2021f|
|---|---|---|---|---|---|---|---|
|Turnover|||||||38,815|
|Costs of sales|||||||15990|
|Gross profit|||||||22,825|
|Grant income|||||||12,483|
|Other income|||||||9,977|
|Administrative|expenses||||||34 053|
|Profit for the|year||||||11232|
|The a
regate of||the assets|liabilities||and funds was:|2022f|2021f|
|Assets||||||16,570|17,530|
|Liabilities|||||||960|
|Shareholder's|funds|||||16570|16570|
##
##
|Notes to the Financia||l State|m|e|nts
for the year ended|31December 20|22|
|---|---|---|---|---|---|---|---|
|11.
Debtors||||||||
|||||||2022
E|2021f|
|Trade debtors||||||10,160||
|Prepayments
and accrued||income||||10,230|5,374|
|Other debtors||||||513|6,588|
|||||||20,903|11,962|
|12.
Creditors: amounts||falling|due||within one year|||
|||||||2022
E|2021f|
|Trade creditors||||||9,817|7,014|
|Amounts
owed by subsidiary||||||16,570|10,007|
|Other taxes and social security costs||||||4,857|4,996|
|Accruals||||||5,950|5,700|
|Other creditors||||||410|488|
|||||||37 604|28,205|
|13.
Unrestricted
funds||||||||
|||||||2022|2021f|
|Balance at 1january
2022||||||600,333|456,221|
|Net income for the year||||||100,587|144,112|
|Transfer to restricted
fund||||||(1,383)||
|Balance at 31December 2022||||||699,537|600,333|
|Loans from permanent||endowment|||fund|||
|Balance at 1january
2022||||||72,000|83,000|
|Transfer from permanent|endowment|||fund||||
|Transfer to permanent
endowment|||fund|||11,000)|11000)|
|Balance at 31 December 2022||||||61,000|72,000|
|Total unrestricted
funds at 31December|||||2022|760 537|672,333|
##
##
##
|Notes to the Financial|St|ateme|nts
f|or the year ended|3f December 20|22|
|---|---|---|---|---|---|---|
|15.
Permanent
endowment|||||||
||||||2022
E|2021f|
|Balance at 1january
2022|||||1,073,306|968,342|
|Expenditure
for the year|||||(5,681)|(5,699)|
|Realised
and unrealised
(losses)/gains|||on investments||83 323|110663|
|Balance at 31December 2022|||||984 302|1073,306|
|Loan to unrestricted
funds|||||||
|Balance at 1 January
2022|||||(72,000)|(83,000)|
|Loan advanced
to unrestricted||fund|||||
|Repaid from unrestricted
funds|||||11000|11000|
|Balance at 31December 2022|||||61000|72 000|
|Total permanent
endowment|fund||||923 302|1001306|
|Gains/(losses)
on permanent||endowment||investments|||
|Balance at 1 January
2022|||||466,197|355,534|
|(Losses)/gains
on disposals|||||(37,078)|4,235|
|(Losses)/gains
on revaluations|||||46 245|106428|
|Balance at 31 December 2022|||||382 874|466 197|
##
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##
||||Permanent||
|---|---|---|---|---|
|Fund balances at 31December 2022:|Unrestricted
f|Restricted
f|endowment
f|Totalf|
|Tangible
fixed assets
Investments
Current assets
Current
liabilities
Loan between
funds
Total net assets|417,391
15,000
304,750
(37,604)
61,000
760 537|458,152
53,646
511798|735,398
82,665
(61,000)
166,239
923 302|750,398
441,061
(37,604)
1,041,782
2,195637|
||||Permanent||
||Unrestricted
f|Restricted
f|endowmentf|Total|
|Fund balances at 31December 2021:|||||
|Tangible
fixed assets
Investments
Current assets
Current
liabilities
Loan between
funds
Total net assets|378,084
15,000
233,954
(28,205)
72,000
672 333|484,801
55,357
540,158|166,239
821,855
85,212
(72,000)
1001,306|1,029,124
836,855
376,023
(28,205)
2,213797|
##
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##
##
|||Unrestricted|Restricted|Permanent|Total|
|---|---|---|---|---|---|
|||fundsf|funds|endowment|202i
E|
|Income from:||||||
|Grants and donations||||||
|Donations||37,144|890||38,034|
|Fundraislng||||||
|East Riding of Vorkshire|Council|||||
|Covid Support
Grant||14,143|||14,143|
|C3RS Grant||3,478|||3,478|
|Charitable
activities||||||
|Operation
of Garden
and|Museum|376,975|||376,975|
|Other trading
activities||||||
|Other income||22,403|||22,403|
|Investments||||||
|Investment
income and|interest|18,561|||18,562|
|Other income||61,286|||61,286|
|Total income||533,990|891||534,881|
|Expenditure
on:||||||
|Investment
management|fees|||5,699|5,699|
|Charitable
activities||389,878|23,217||413,095|
|Total expenditure||389,878|23,217|5,699|418,794|
|Net income/(expenditure)|before|||||
|other recognised
gains and losses||144,112|(22,326)|(5,699)|116,087|
|Revaluation
of investment||||||
|properties||||50,000|50,000|
|Realised
and unrealised||||||
|gains/(losses)
on investments||||60,663|60,663|
|Net income/(expenditure)||144,112|(22,326)|104,964|226,750|
|Transfers
between
funds||(11,000)||11,000||
|Net movement
in funds||133,112|(22,326)|115,964|226,750|
|Funds brought
forward||539,221|562,484|885,342|1,987,047|
|Funds carried forward||672,333|540,158|1,001,306|2,213,797|