2020-12-31-accounts - Kiplin Hall CIO

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Trustees		Mrs SPelham
		Mr A C Vaux
		Mrs K Knight
		Ms C LC Osorio
		Ms LCrossley
		Mrs H A Wade		(Appointed	18June 2020)
		Mr P W Parry		(Appointed	18June 2020)
		Mrs J C Alton		(Appointed	18June 2020)
Secretary		Mr JA Fife
Charity number		1155907
Principal address		Kiplin Hall
		Kiplin
		Richmond
		North Yorkshire
		DL10 6AT
Auditor		Kenneth Easby Limited
		Oak House
		Market Place
		Bedale
		North Yorkshire
		DL8 1AQ
Bankers		Coutts 8 Co
		St Martins Office
		440 Strand
		London
		WC2R OQS
		Barclays Bank Pic
		193High Street
		Northallerton
		North Yorkshire
		DL7 8LJ
Solicitors		Wrigleys Solicitors LLP
		19Cookridge Street
		Leeds
		LS2 3AG
Investment	advisors	Rathbone Investment	Management
		8 Finsbury Circus
		London
		EC2M 7AZ

					Page
Trustees' report					1 —8
Statement of	Trustees'		responsibilities
Independent	auditor's	report
Consolidated	statement		of financial	activities
Consolidated	balance	sheet			16
CIO balance	sheet				17
Consolidated	statement		of cash flows		18
Notes to the	financial	statements			19-36

Current financial year	Current financial year	Current financial year
				Unrestricted	Unrestricted	Restricted	Endowment	Total	Total
				funds	funds	funds	funds
				general	designated
				2020	2020	2020	2020	2020	2019
			Notes		R		R
Income from:
Donations, legacies and
core grants			2	95,691		712,233		807,924	8,424
Charitable activities			3	201,586		29,300		230,886	218,150
Trading activities			4	32,251				32,251	97,864
Investments			5	71,959		2,850		74,809	70,177
Total income				401,487		744,383		1,145,870	394,615
Ex enditure on:
Raising funds				78,814			722	79,536	109,895
Charitable activities			7	374,481	144	27,377		402,002	412,207
Total resources
expended				453,295	144	27,377	722	481,538	522,102
Net gains/(losses)		on
investments			10	209,849			22,430	232,279	319,583
Net incoming
resources before
transfers				158,041	(144)	717,006	21,708	896,611	192,096
Gross transfers
between funds				25,906		(25,906)
Net movement	in	funds		183,947	(144)	691,100	21,708	896,611	192,096
Fund balances at 1
January 2020				6,470,115	95,372	46,607	3,105,540	9,717,634	9,525,538
Fund balances	at	31
December 2020				6,654,062	95,228	737,707	3,127,248	10,614,245	9,717,634

Prior financial year	Prior financial year	Prior financial year
					Unrestricted	Unrestricted	Restricted	Endowment	Total
					funds	funds	funds	funds
					general	designated
					2019	2019	2019	2019	2019
				Notes	R	R	R	R
Income from:
Donations, legacies and			core
grants					5,179		3,245		8,424
Charitable activities					216,950		1,200		218,150
Trading activities					97,864				97,864
Investments					70,177				70,177
Total income					390,170		4,445		394,615
Ex enditure on:
Raising funds					109,895				109,895
Charitable activities					390,980	3,834	17,393		412,207
Total resources	expended				500,875	3,834	17,393		522,102
Net gains/(losses)		on investments
				10	285,228			34,355	319,583
Net incoming resources			before
transfers					174,523	(3,834)	(12,948)	34,355	192,096
Gross transfers	between		funds		4,023		(4,023)
Net movement	in	funds			178,546	(3,834)	(16,971)	34,355	192,096
Fund balances at 1 January 2019					6,291,569	99,206	63,578	3,071,185	9,525,538
Fund balances	at	31 December
2019					6,470,115	95,372	46,607	3,105,540	9,717,634

			2020	2019
		Notes
Fixed assets
Tangible assets		11	910,540		793,570
Heritage assets		12	5,212,000		5,182,000
Investments		13	4,483,288		3,714,334
			10,605,828		9,689,904
Current assets
Stocks		14	4,071	3,648
Debtors		15	17,417	16,977
Cash at bank and in	hand		145,683	44,812
			167,171	65,437
Creditors: amounts	falling due within
one year		16	(158,754)	(37,707)
Net current assets			8,417		27,730
Total assets less current liabilities			10,614,245		9,717,634
Capital funds
Endowment funds			3,127,248		3,105,540
Income funds
Restricted funds		17	737,707		46,607
Unrestricted funds
Designated funds		18	95,228	95,372
General unrestricted	funds		6,654,062	6,470,115
			6,749,290		6,565,487
			10,614,245		9,717,634

					2020		2019
				Notes	E
Fixed assets
Tangible assets				11		900,554		781,076
Heritage assets				12		2,462,000		2,432,000
Investments				13		4,483,288		3,714,334
						7,845,842		6,927,410
Current assets
Stocks				14	1,140		1,140
Debtors				15	44,076		16,886
Cash at bank and in		hand			138,240		40,577
					183,456		58,603
Creditors:	amounts	falling due within
one year				16	(155,061)		(30,669)
Net current	assets					28,395		27,934
Total assets less current liabilities						7,874,237		6,955,344
Capital funds
Endowment	funds					377,248		355,540
Income funds
Restricted	funds			17		737,707		46,607
Unrestricted	funds
Designated	funds			18	95,228		95,372
General unrestricted		funds			6,664,054		6,457,825
						6,759,282		6,553,197
						7,874,237		6,955,344
The financ	at statements		were approved	by the Trustees	on ..8	&2!

					2020
				Notes
Cash flows from operating			activities
Cash generated from/(absorbed by)				21
operations						723,132		(131,329)
Investing	activities
Purchase	of tangible fixed assets				(154,988)		(8,680)
Purchase	of investments				(600,000)
Proceeds	on disposal of investments				132,700		140,000
Investment	income received				27		25
Net cash	(used in)/generated		from
investing	activities					(622,261)		131,345
Net cash	used in financing		activities
Net increase in cash and cash equivalents						100,871		16
Cash and	cash equivalents	at beginning		of year		44,812		44,796
Cash and	cash equivalents		at end of	year		145,683		44,812

		House Admissions	Quarry Rents	Rents	Project Grants &Renewable	Total 2020	Total 2019
					Heat Incentive
					Scheme
		2020	2020	2020	2020
		2		2	2
Income from charitable
activities		81,734	20,045	86,385	42,722	230,886	218,150
Analysis by fund
Unrestricted	funds-
general		81,734	20,045	86,385	13,422	201,586	216,950
Restricted	funds				29,300	29,300	1,200
		81,734	20,045	86,385	42,722	230,886	218,150

			House	Quarry Rents	Rents	Project Grants	Total
			Admissions			8 Renewable	2019
						Heat Incentive
						Scheme
					s	2
Income from charitable		activities	93,492	20,000	88,591	16,067	218,150
Analysis by fund
Unrestricted	funds - general		93,492	20,000	88,591	14,867	216,950
Restricted	funds					1,200	1,200
			93,492	20,000	88,591	16,067	218,150

		Unrestricted	Unrestricted
		funds	funds
		general	general
		2020	2019
Sale of guidebooks	and garden produce	2,756	4,947
Shop, tea room and	other sales	29,495	92,917
		32,251	97,864

		Unrestricted	Restricted	Total	Unrestricted
		funds	funds		funds
		general			general
		2020	2020	2020	2019
Income	from listed investments	71,928	2,850	74,778	69,999
Interest	receivable	31		31	178
		71,959	2,850	74,809	70,177

				Unrestricted	Endowment	Total	Unrestricted
				funds	funds		funds
				general			general
				2020	2020	2020	2019
							P
~De reciation
Depreciation		and	impairment	1,707		1,707	1,600
TTradin i costs
Guidebook costs							471
Shop and tea		room cost of sales		61,685		61,685	86,833
Shop and tea		room support costs		8,639		8,639	20,991
Investment	mana		ement fees	6,783	722	7,505
				78,814	722	79,536	109,895

Charitable activitie	s
				Operational costs	Property costs	Project costs	Total 2020	Operational costs	Property costs	Project costs	Total 2019
				2020	2020	2020		2019	2019	2019
Staff costs				145,301			145,301	148,814			148,814
Depreciation and impairment				144	24,416	8,674	33,234	144	51,566	16,454	68,164
Sundry costs				4,577			4,577	8,104			8,104
Printing, postage, stationery			and computer costs	10,203			10,203	7,360			7,360
Advertising and publicity costs				23,194			23,194	22,150			22,150
Telephone costs				2,329			2,329	1,539			1,539
Visitor services costs				17,688			17,688	11,204			11,204
Managing agent fees				23,806			23,806	21,214			21,214
Other professional	fees			2,512			2,512	20,885			20,885
Bank charges				1,665			1,665	1,100			1,100
Let property costs					19,032		19,032		14,782		14,782
Hall and estate costs					36,994		36,994		40,094		40,094
Garden and woodland		costs			41,596		41,596		37,194		37,194
Chattel repairs									210		210
Other project costs						18,703	18,703			939	939
Accountancy fees				21,169			21,169	8,454			8,454
				252,587	122,038	27,377	402,002	250,968	143,846	17,393	412,207
Analysis by fund
Unrestricted funds	- general			252,443	122,038		374,481	247,134	143,846		390,980
Unrestricted funds	- designated			144			144	3,834			3,834
Restricted funds						27,377	27,377			17,393	17,393
				252,587	122,038	27,377	402,002	250,968	143,846	17,393	412,207

			2020	2019
			Number	Number
Hall			5	6
Estate, grounds,	shop and tearoom	(inc. part time)	10	10
Total			15	16
Employment costs			2020	2019
Wages and salaries			185,592	193,178
Social security	costs		8,048	9,958
Other pension costs			3,162	3,000
			196,802	206,136

				Unrestricted	Endowment	Total	Unrestricted	Endowment	Total
				funds	funds		funds	funds
				general			general
				2020	2020	2020	2019	2019	2019
				R				F
Revaluation	of
investments				209,869	22,432	232,301	316,959	38,177	355,136
Gain/(loss)	on	sale	of
investments				(20)	(2)	(22)	(31,731)	(3,822)	(35,553)
				209,849	22,430	232,279	285,228	34,355	319,583

Tangible fixed assets	Tangible fixed assets	- Group
			Building and	Tools and	Chattels	Computers	Central	Total
			grounds	equipment			heating I solar
			improvements				project
Cost
At 1 January	2020		595,885	112,208	33,993	24,813	389,004	1,155,903
Additions				28,088		3,278	123,622	154,988
At 31 December 2020			595,885	140,296	33,993	28,091	512,626	1,310,891
Depreciation	and
impairment
At 1 January	2020		83,604	69,950	4,755	15,914	188,110	362,333
Depreciation	charged	in the
year			16,166	11,744	887	5,862	3,359	38,018
At 31 December 2020			99,770	81,694	5,642	21,776	191,469	400,351
Carrying amount
At 31 December 2020			496,115	58,602	28,351	6,315	321,157	910,540
At 31 December 2019			512,281	42,258	29,238	8,899	200,894	793,570
Tangible fixed assets		—CIO
			Building and	Tools and	Chattels	Computers	Central	Total
			grounds	equipment			heating Isolar
			improvements				project
			E		R	R
Cost
At 1 January	2020		593,526	89,407	33,993	24,813	389,004	1,130,743
Additions				27,518		3,278	123,622	154,418
At 31 December 2020			593,526	116,925	33,993	28,091	512,626	1,285,161
Depreciation	and
impairment
At 1 January	2020		82,896	57,992	4,755	15,914	188,110	349,667
Depreciation	charged	in the
year			15,930	8,902	887	5,862	3,359	34,940
At 31 December 2020			98,826	66,894	5,642	21,776	191,469	384,607
Carrying amount
At 31 December 2020			494,700	50,031	28,351	6,315	321,157	900,554
At 31 December 2019			510,630	31,415	29,238	8,899	200,894	781,076

Heritage assets
	Group	CIO
	At valuation	At valuation
		R
At 1 January 2020	5,182,000	2,432,000
Donated assets in year	30,000	30,000
At 31 December 2020	5,212,000	2,462,000

	Listed	Cash in	Total
	investments	porffolio
Cost or valuation
At 1 January 2020	3,695,315	19,019	3,714,334
Additions	619,710	299	620,009
Valuation changes	232,301		232,301
Disposals	(83,356)		(83,356)
At 31 December 2020	4,463,970	19,318	4,483,288
Carrying amount
At 31 December 2020	4,463,970	19,318	4,483,288
At 31 December 2019	3,695,315	19,019	3,714,334

Stocks
						Group		CIO
						2020	2019	2020	2019
Finished	goods	and	goods	for	resale	4,071	3,648	1,140	1,140

Debtors
				Group		CIO
				2020	2019	2020	2019
Amounts	falling due within		one year:			E
Amounts	owed by subsidiary		undertakings			26,875
Other debtors				1,837	45	1,674	45
Prepayments		and accrued income		15,580	16,932	15,527	16,841
				17,417	16,977	44,076	16,886

			Group		CIO
			2020	2019	2020	2019
		Notes				R
Other taxation and social security			1,967	7,298	1,967	3,451
Trade creditors			127,908	2,070	127,908	2,065
Other creditors			152	931	152	931
Accruals and deferred	income		28,727	27,408	25,034	24,222
			158,754	37,707	155,061	30,669

					Movement	Movement	in funds			Movement	Movement	in funds
				Balance at	Incoming	Resources		Transfers	Balance at	Incoming	Resources		Transfers	Balance at
				1January 2019	resources	expended			1 January 2020	resources	expended			31 December 2020
				R
HLF: Kiplin in times	of war			705			(156)		549			(117)		432
HLF: Archaeology	project			1,696			(406)		1,290			(229)		1,061
Yorventure: Bog garden				7,936			(201)		7,735			(194)		7,541
Yorventure: Playship				15,714			(9,537)		6,177			(1,980)		4,197
HLF: A year in transition				12,605			(5,042)		7,563			(5,042)		2,521
Apple Orchard				1,166					1,166					1,166
Chris Crow Oak				2,624			(603)		2,021					2,021
Yorventure: Kiplin Beck and Richmond			Drive
Walk				21,132			(1,112)		20,020			(1,112)		18,908
Wrought Iron Bench					1,994			(1,994)
3D Virtual Tour					915			(829)	86					86
History Website					336		(336)
Locality Budget Grant					1,200			(1,200)
Hall Carpets										7,500		(6,500)	(1,000)
Annie Marchant Collection										707,583	(10,673)			696,910
COVID-19 Heritage	Emergency	Fund								29,300		(1,530)	(24,906)	2,864
				63,578	4,445	(17,393)		(4,023)	46,607	744,383		(27,377)	(25,906)	737,707

		Balance at	Resources	Balance at	Resources	Balance at
		1 January	expended	1 January	expended	31 December
		2019		2020		2020
Woodlands	project	9,206	(144)	9,062	(144)	8,918
Plant site	restoration	90,000	(3,690)	86,310		86,310
		99,206	(3,834)	95,372	(144)	95,228

Analysis of net assets	between funds - G	roup
	Unrestricted	Designated	Restricted	Endowment	Total	Unrestricted	Designated	Restricted	Endowment	Total
	funds	funds	funds	funds		funds	funds	funds	funds
	2020	2020	2020	2020		2019	2019	2019	2019	2019
	R	P	R
Fund balances at 31
December 2020 are
represented by:
Tangible assets	870,496	5,512	34,532		910,540	744,633	5,656	43,281		793,570
Heritage assets	2,462,000			2,750,000	5,212,000	2,432,000			2,750,000	5 182000
Investments	3,419,730	86,310	600,000	377,248	4,483,288	3,272,484	86,310		355,540	3,714,334
Current assets/(liabilities)	(98,164)	3,406	103,175		8,417	20,998	3,406	3,326		27,730
	6,654,062	95,228	737,707	3,127,248	10,614,245	6,470,115	95,372	46,607	3,105,540	9,717,634
Analysis of net assets	between funds —CIO
	Unrestricted	Designated	Restricted	Endowment	Total	Unrestricted	Designated	Restricted	Endowment	Total
	funds	funds	funds	funds		funds	funds	funds	funds
	2020	2020	2020	2020		2019	2019	2019	2019	2019
Fund balances at 31
December 2020 are
represented by:
Tangible assets	860,510	5,512	34,532		900,554	732,139	5,656	43,281		781,076
Heritage assets	2,462,000				2,462,000	2,432,000				2,432,000
Investments	3,419,730	86,310	600,000	377,248	4,483,288	3,272,484	86,310		355,540	3,714,334
Current assets/(liabilities)	(78,186)	3,406	103,175		28,395	21,202	3,406	3,326		27,934
	6,664,054	95,228	737,707	377,248	7,874,237	6,457,825	95,372	46,607	355,540	6,955,344

21	Cash generated from operations					2020	2019
	Surplus for the year					896,611	192,096
	Adjustments for:
	Investment income recognised in statement			of financial	activities	(74,809)	(70,177)
	Investment management fees deducted		from	portfolio		5,407
	Donation of heritage assets					(30,000)
	Loss on disposal of investments					22	35,553
	Fair value gains and losses on investments					(232,301)	(355,136)
	Depreciation and impairment of tangible		fixed assets			38,018	73,615
	Movements in working capital:
	(Increase)/decrease in stocks					(423)	1,681
	(Increase)/decrease in debtors					(440)	24,749
	Increase/(decrease) in creditors					121,047	(33,710)
	Cash generated from/(absorbed	by)	operations			723,132	(131,329)
22	Analysis ofchanges in net funds
	The group had no debt during the year.

			Unrestricted	Unrestricted	Restricted	Endowment	Total	Total
			funds	funds	funds	funds
			general	designated
			2020	2020	2020	2020	2020	2019
Income from:
Donations, legacies and
core grants			76,547		712,233		788,780	8,424
Charitable activities			201,586		29,300		230,886	218,150
Trading activities			2,756				2,756	4,947
Investments			72,556		2,850		75,406	71,236
Total income			353,445		744,383		1,097,828	302,757
Ex enditure on:
Raising funds			8,490			722	9,212	2,071
Charitable activities			374,481	144	27,377		402,002	447,085
Total resources
expended			382,971	144	27,377	722	411,214	449,156
Net gains/(losses)		on
investments			209,849			22,430	232,279	319,583
Net incoming
resources before
transfers			180,323	(144)	717,006	21,708	918,893	173,184
Gross transfers
between funds			25,906		(25,906)
Net movement	in	funds	206,229	(144)	691,100	21,708	927,242	173,184
Fund balances at 1
January 2020			6,457,825	95,372	46,607	355,540	6,955,344	6,782,160
Fund balances	at	31
December 2020			6,664,054	95,228	737,707	377,248	7,874,237	6,955,344