pl I I CHARITY REGISTRATION NUMBER.. 1156298 David Parr House CIO Financial Statements For the year ended 31 March 2023 Annual Report
........................................................................................................................ ................................................................................................................. ...................................................................................................................................... ..................................................................................................................................... ....................................................................................................................................... ................................................................................................................................ ...................................................................................................... ............................................................................................................................................. .............................................................................................................. .......................................................................................................................................... ............................................................................................................................................. ......................................................................................................................................... .............................................................................................................................. ................................................................... .................................................................................................. .............................................................................................................................. ................................................................................................................ .............................................................................................................................
David Parr House Trustee5' Annual Report Icontinuedl Yearended 31 March 2023 Letterfrom the Chair We are all immensely proud that we are regularly welcoming the public to the David Parr House for visits, workshops, exhibitions and events. The shadow of Covid still occasionally creeps up behind us but the future is looking bright. It is now time for us to look towards creating the unique position that the David Parr House can play in the cultural landscape of Cambridge and beyond. I feel that this 15 the start of its next Stage of development, the chrysalis was secured and now the butterfy is ready to emerge. It took io years to reach thi5 point and I would just like to give a 'Thank you, to all who helped and still help us to become what we are. It has taken many people with many skills and many roles- professionals and volunteersi grant givers and philanthropists, regulars and occasionals, family and friends- they all had and have a place in securing our future. As we move to that future we Say goodbye to Charlotte Woodley, Pilgrim Trust Curator, who Steered the house through the rough sea5 of Covid with hard work and creativity. Her last exhibition wa5 the fascinating story of the Newton School of Metalwork. It was wonderful to see the beautiful Newton School pieces displayed together for the first time and to have hanging above them a photo showing the faces of the village labourers who produced them. It conveyed to us how important it is that everyone should have the opportunity to be taught a craft or art and how enriching, both personally and materially, it can be- an important value that the David Parr House hold5 Within it5 walls. David Parr wa5 taught the ski115 of the Decorative ArtlSt allowing him to not only escape the poverty of hi5 childhood but also gave him the means to provide a Secure and beautiful home when he had a family of his own. We also say goodbye to Jane Friend, Fundraising Manager, who helped us to gain the grants and gifts that have been so necessary to bring us to the position we are in today. We say goodbye to them both with a heartfelt Ihank you, and warmly welcome Annabelle Campbell, Director and Holly O'Brien, Digital and Events Content Producer. To be able to appoint a 'Director' reflects the important next stage that the house is embarking on, allowing us to think carefully about its future direction, as well as enriching and growing the day to day. Annabelle comes with a background that is perfect for the David Parr House, one which encompasses the rigor of historical analysis of the home, the study of museums and curation, the creativity of craft and the understanding of management. She has already embarked on forming this future by creating opportunities for the house to work with artlSts and makers, celebrating the joy from collective creativity, creating opportunities for new skills to be learnt, generating new income streams and expanding our audience reach. With the appointment of Holly and the continued support of Helen Entwistle, our House and Volunteer Manager, the David Parr House ha5 a small but enthusiastic and dynamic team to drive us forward. They are supported by the ever-growing number of volunteers who allow us to do all that we do-thank you. But growth must be mindful and meaningful, and we are conscious of making sure that our development over the next few years is based on firm foundations. The butteTfiy must emerge carefully, test out its wings, allow them to settle before finally taking flight. We look forward to the flight but will enjoy the process of emerging and hope that you do too. Tamsin Wimhurst, Chair of Board of Trustees
David Parr House Trustee5' Annual Report Icontinuedl Yearended 31 March 2023 David Parr House- profile David Parr House IDPHI Annual Report Year ended 31 March 2023 The Director and Board of Trustees present their report and the financial statements of the Charity for the year ended 31 March 2023. Reference and administrative details Registered charity name The David Parr House Charity registration number 1156298 Principal office 1841186 Gwydir Street Cambridge CBI 2LW The trustees MrsTWimhurstlchairl Mr M Muller Mr M Nicholson Mrs L Strover Mrs S Miller Mr M D Pierce Miss R J Woodburn (Resigned i November20221 Independent examiner Shane Tharby FCA For and on behalf of Streets Chartered Accountants 3 Wellbrook Court Girton Cambridge CB3 ONA Structurei governance, and management The Charity was formed on 20 March 2014 as a Charitable Incorporated Organi5ation, CIO, under charity number 1156298. The Charity is governed by its constitution. As and when required new Trustees will be recruited and appointed by the existing Trustees and Director, following a skills audit and considering the key skill sets of individuals and support and guidance needed to Sustain and develop the organisation.
David Parr House Trustee5' Annual Report Icontinuedl Yearended 31 March 2023 Overview: The David Parr House is a preserved terraced house in Cambridge, with interior decoration in the Arts and Crafts style, executed by its owner, David Parr, between 1886 and 1926.The house is open to the public for guided tours in small groups. The David Parr House CIO was established in 2014 and since 2016 has operated across two adjoining building located in Gwydir Street in Cambridge. 186 Gwydir Street is the historic address of David Parr in until his death in 1927, from when his widow Mary Jane Parr (nee Woodl continued to reside until her death and his grand-daughter Elsie Palmer (nee Mansfield) until 2012. 'The house encapsulates a world we have already lost in many ways, but itgives us a way back to thinking about the lives of so- called 'ordina'people and, through that, to the way we live our lives today, The house was acquired from the family and established as a charity and historic house cultural site in 2014 and opened up to the public in 2018 with a formal tour programme in 2019. Since 2018 the adjacent propertyi 184 Gwydir Street has been owned by the charity and configured across two floors.. as a self-contained 2 bedroom flat, with the ground floor operating a5 David Parr House vi51tor centre, shop and a dedicated space for events and workshops. 184 also offers outside garden space separate to the garden associated with 186, the historic house site. Operating across two adjacent sites allows clear division of the context and purpose of the sites.. one is for operations and programme, and one is the historic house. The Visitor Centre, as a multifunctional space, enables Storage, retail, events and interpretation, enhancing visitor experience, Objectives We have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our aims and objectives and in planning our future activities. These are to be reviewed and refreshed in the coming year to confirm the current position and context for the organisation. Values Led The objectives of the Charity as set out in the constitution are.. il to advance the education of the public on the Subject of the life and works of David Parr,- a craftsman, artist and painter,. 21 to advance, in such ways as the Charity Trustees think fit, the arts culture and heritage as reflected in David Parr House I'*he house"),. and 31 such other charitable purposes as the Charity Trustees in their ab501ute discretion shall see fit. Activities The main artivities of the Charity are..
David Parr House Trustee5' Annual Report Icontinuedl Yearended 31 March 2023 To assist in the funding of the house, its collection and activities by seeking contributions from individuals, trusts and other grant-giving charities or organisations. To oversee the conservation of the David Parr House and protect it for present and future generations. To 5UPPOrt the ongoing research into the history of the house, the families that resided there, and the work of FR Leach and Sons in and beyond Cambridge. To work with a wide range of professionals and volunteers to develop creative, inspiring and acce55ible ways to engage with a variety of audiences. To sUPPOrt and approve income generating activity that assist5 a sustainable future for the house. Public benefit The Trustees have referred to the Charity Commission's general guidance on public benefit and have considered their public benefit obligations under charity law and believe that they are in compliance with those obligations. Case study: Bunting Workshop Delivered over two days, the Jubilee Bunting projert attracted 20 Participants who together learned and experimented with traditional paper piece patch work and applique techniques to create a single bunting garland for display at the Gwydir Street Party. Around 33% of people in Cambridgeshire felt disconnected from their community, with Ageuk, identifying Romsey and Petersfield areas having high risk of loneliness populations. Covid had reduced social connection with i in 7 people feeling 'lockdown lonely,, an increase from i in 20 pre- Covid highlighted the need for accessible opportunities to interact. In May 2022, the David Parr House team worked with a local community group to create bespoke 'terraced house, bunting. Finance Reserves and investment Reserves policy Our policy is to build and, where feasible, maintain unrestricted funds at a level that approximate5 to six months operating costs including salaries of any permanent staff and those on long term http."Ildata.ageuk.org.ukllor)eliness-mapslengland-2016lcambridgel
£28,809
£2,658
£16,065.19
Onsite : Sales trends for 01 Apr - 31 Mar 2023 compared with : Previous 365 days (01 Apr - 31 Mar 2022)
Total sales
£13,032.00 Increased by 50% (+£4,339.45)
Number of sales
775 Increased by 57% (+281)
Average sale amount £16.82 Decreased by 6% (-£0.96)
£3,109.24
David Parr House Trustee5' Annual Report Icontinuedl Yearended 31 March 2023 The retail offer is at the beginning of its journey and will develop in contenti projects, and income over the next 5 years. Grants and support.. The continued development was made possible via the generous grant5 and gifts that we received during this time. John Murray'collections and Archivist, January 2022- March 2024 £141500 lof 22-23 £20,000 awardllrestrictedl £5,000- towards partnership project with Birkbeck University {£10,000 secured by Birkbeck, University of London toward5 this collaboration} Muller Wimhurst Trust July 2022-June 2025 £50,000 p.a. Irestricted} Wolfson Foundation.. Sustainability Fund Nov 2022- October 2024 £34,600 Irestrictedl Cambridgeshire Community Foundation.. small grant5 August 2023 £2,000 Irestrictedl Heritage Trade Up programme December 2022- September 2023 Up to £4,000 Irestrictedl John Murray'Collertion5 and Archivi5t' January 2022- March 2024 £14,500 lof 22-23 £20,000 awardllre5trictedl £5,000-towards partnership project with Birkbeck Universlty l£io,000 secured from Birkbeck towards this collaboration) We are grateful for the continued 5UPPOrt by the John Murray Foundation for the preservation and development of the archive. The 3rd Phase of the 'collections consolidation, project built on the work carried out by social historian Shelley Lockwood overthe last two years. Nowthat the Leach archive materials have been scanned the organisation can begin to bring in volunteers to support the ongoing research. Volunteers, under the Supervision of Shelley Lockwood, have already begun to transcribe the Leach notebooksldiaries and thi5 work will continue. The transcriptions will allow u5 to examine the material and extract the information from them more easily. Shelley's research looked at two key archival sources- Leach notebooksldiary with David Parr'5 address book, to build up a picture of where David Parr was working on projects for Leach in Cambridge, and more wider afield. The remaining funds from this grant 15 allocated to a collaborative project with Birkbeck, Univer51ty of London, which will look at Parr and Leach work in Cambridge, that seeks to recast the story of
David Parr House Trustee5' Annual Report Icontinuedl Yearended 31 March 2023 Arts and Crafts to elevate to working class narratives, and the impact on the success of the Arts and Craft movement. Remaining funds are held to part fund a digital a55et unpacking the history of the FR Leach City Road workshops. MullerWimhurstTnJ5t July 2022- June 2025 £50,000 p.a. Irestrictedl The generous support from the Muller Wimhurst Trust has allowed for the appointment of a Director for David Parr House. Appointed in May 2022, Annabelle Campbell took up post in July and is responsible for shaping the ongoing identity, mission, and success of David Parr House, balancing cultural, creative and charitable goals with administrative and financial responsibilities to ensure the organisations long-term 5UStainability and developing cultural impart. Woltson Foundation.. sustainability Fund Nov 2022-October 2024 £34,600 Irestrictedl Funds awarded towards the cost of window repairs and secondary glazing, insulation and draft exclusion, floorboard gap filling, rainwater butts and biodiversity enhancements. The allocation for activity has changed in that the secondary glazing and floorboard filling will not be actioned for conservation reasons. The award will be claimed as a single instalment within two years, retrospectively with receipts. Stage one is confirmed with the window and exterior paintwork repairs booked for October. Cambridgeshire Community Foundation.. small grants August 2023 £2,000 Irestrictedl Everyday Making grant enabled David Parr House to build on the existing relationship with Camsight to offer creative workshop5 to adults with visual impairment. Adult5 along with sUPPOrt carer5 could sign up to one of more workshop in the series of 4 delivered by artlSts Mansi Shouche and 5tepanka Facerova. The workshops used varied materials to make relief tiles using natural materials and forrns, inspired by the work of David Parr, imagery found in the house and the natural forms used widely in Arts and Crafts design. Detailed evaluation and feedback was gained. The fvnding enabled these workshops to be free of charge for participants, and led directly to some rninor changes to the way DPH runs with introduction of a land line contact, and audio description tours in development. Heritage Trade Up programme December 2022- September 2023 Up to £4,000 {re5trictedl Heritage Trade Up Programme delivered by The School of Social Entrepreneurs ISSE} in partnership with National Lottery Heritage Fund - which aim5 to 5UPPOrt and promote a stronger heritage sector. This is a fully funded programme is for leader5 of heritage organisations with responsibility forthe trading activity, and make strategic decisions. The key benefits are= Strengthening of the organisation with a free learning programme of eight days in total between January and December 2023 Receipt of a £4,000 Match Trading grant that support5 recovery from the Covid pandemic. Gaining a network of peers, who help develop plans and act as a sounding board.
David Parr House Trustee5' Annual Report Icontinuedl Yearended 31 March 2023 The programme is based on peer and action-learning. It is now overtwo-thirds of the way through its planned duration and has proven useful in content and contacts and will result in DPH being a more commercial and entrepreneurial organisation. Commercial incorne from rental of 184a' David Parr House CIO occupies two adjacent propertie5- 186 and 184 Gwydir Street. The ground floor of 184 hosts the Visitor Centre with welcome are including archive displayi workshop and events space and shop. The upper floors are set out as a 2-bedroom self-contained flat. The management is contracted to a local property agent, and the rental returned £19 200 income. Donations.. £6,680 Selwyn College Fellows, Charities Fund Gillian Harri50n- (final of 3 Founding Patron donation) Visltor donations.. Gift Aid income.. £325 £500 El,612 £4,243 We would very much like to thank these organisations for the support and belief that they have had in the David Parr House during this year. People Key changes in staffing of the charity in 2022-23 included.. Annabelle Campbell joined the team as full time Director in July2022. Holly O'Brien joined the team in on a 2-year contract as Digital and Events Content Producer. Meanwhile, we also said goodbye in 2022-23 to= Charlotte Woodleyi Pilgrim Trust Curator left the team at the end of July 2022. Jane Friend, Fundraising Manager left the team to take up a full_time permanent contract. Helen Entwistle is our House and Volunteer manager, She supports the volunteers, manages volunteer recruitment and training. She also 5UPPOrtS the development and running of the shop at David Parr, and the growing programme of artist-led workshops. She also runs some workshops. Helen has day to day operational responsibility for the David Parr House and the Visitor Centre. Melanie Walsh supports the organisation with the bookkeeping. Simon Middleton- IT sUPPOrt on an annual contact to maintain WordPre55 webslte, booking systems, IT licences and subscriptions. The Development postls currently vacant following the departure of Jane Friend io
David Parr House Trustee5' Annual Report Icontinuedl Yearended 31 March 2023 Director's Report This year saw the launch of an artist-led workshop programme.The programme had a number of objectives-. Create opportunitie5 for artist and makers to work with the organi5ation, profile their work to a new audience, and share their 5ki11s and knowledge. Foreground the skill and expertise present in making. Celebrate the joy of collective creativity. Create opportunities for participants to learn new skills, enhance existing skills through working with trained professional artists and makers. Develop audiences. Generate income. Attract new audiences and repeat visitors. Reinforce the values contemporary and enduring relevance of the values promoted in the David Parr House and its stories. During this reporting period there David Parr House has hosted 13 workshops, working with 6 artists to 144 participants. We want to develop an accessible programme of creative participatory workshops, bringing the community together through a series of contemporaryi high qualityi hands-on and artist-led experiences. The preserved house of a working-class skilled artisan, provides a unique context to present a programme of creative workshops that explore, celebrate and Share a range of diverse range of arts and crafts skills. Prices have varied from £40 to £95, and the workshops have njn over full days or half days. The early workshops were scheduled during both weekdays- when the house was closed to the public, and Saturdays, when house tours also run. The constraints of the space were in fact not a barrier, as with David Parr House presenting the creative potential within a domestic space, the content and scale of the workshops are aimed to empower all participants to continue the practice at home. Feedback on the schedule informed the decision to run the majority of workshops on Saturdays to ensure they could be access by those with weekday commitments. However, the content and target audiences for some workshop events, along with calendar dates (such a5 Christmas and Traditional Patchworking techniques) were programmed on weekdays. Case Study-. Art of Embroidery with Richard Mcvetis March 2023 Saw the first workshop with London based artist Richard McVet15 delivered to a capacity group of participants. Richard's work uses hand stitch and embroider to consider the passing of time, and slow contemplative process of making. All values promoted by the work of David Parr in 186 Gwydir Street. li
David Parr House Trustee5' Annual Report Icontinuedl Yearended 31 March 2023 The workshop represented a shift in profile and price point for the workshop programme, having a higher ticket price. David Parr House is committed to paying all artists appropriately for their time and work, which is reflected in the cost to attendees. The workshop sold out and the feedback was positive. The workshop was for all levels of hand embroiderers. and was devised to inspire moments of mindfulness and conditions for creativity, to pause, think, and re-energise. About the artlst.. Richard Mcvetis graduated in Constructed Textile5 from the Royal College of Art in 2008. Since completing his BA in Embroidery at Manchester Metropolitan University in 20051 he has been shortlisted for several distinguished prize5, including the Jerwood Drawing Prize, UK, 2011 and 2017,. and the international Loewe Craft Prize, 2018. In addition, Mcvetls has shown work nationally and internationally at several exhibitions, including The British Textile Biennial, Rossendale, UK, 2021,. RENEW at Kettles Yard, UK, 2019,. Loewe Craft Prize, The Design Museum, London, UK, 2018,. Collect Open, Saatchi Gallery, UK, 2017,. 'Form + Motion'_ a major exhibition with British Council and Crafts Council for the Cheongju Craft Biennale, South Korea, 2017. In 2022 he had hi5 first solo show at the Craft Study Centre, Farnham. Richard 15 a vi51ting lecturer in Textiles at the Royal College of Art. Cost= £315 Income= £995 Valentine'sWorkshopWith'Frauhaus' Letterpress ArtlSt Elizabeth Fraser from'Frauhaus' Letterpress delivered this love inspired print workshop. The participant5 learnt how to make a mini zig-zag book and how to use vintage woodtype on a table top printing press to create their own messages of love. From this workshop each participant took away two Shakespearean Flattery rnini zig-zag books plus their own handprinted love inspired wordslphrases ready to assemble a collaborative print on the theme of the day. It was a brilliant sessionl Highly recommend. 12
About the artist: Elizabeth is an artist printmaker, graphic designer and teacher. underpinned by her love of language, text and pattern. She currently works mainly with handset metal type and lino to make create unique and limited-edition prints, books and cards. also the ephemera of life, that draws her interest, those objects, emotions and images that anchors us to a time and a place, celebrating and playing with seemingly insignificant cultural fragments.
Cost: £115 Income: £320
David Parr House Trustee5' Annual Report Icontinuedl Year ended 31 March 2023 Full list of workshops 2022-2023 Thursday 7th July-7pm Community work5hop= Gwydirstreetcommunity SewingAfternoons, with Artlst Ledworkshop Programme funding from The Gwydir Street Resident5 Association Decorative CopperTile Making Workshop With Rebecca Stark May 14th And May 28th 2022 Saturday June 10.3oam-12.30 Cost £30 Per Person lio) C05t: free1201 OnlineTalks.. All Ticketed By Donation "A Great Deal Of Taste" Frederick Leach's Domestic Commissions In Cambridge, And The Women BehindThemWithAnn Kennedy Smith Thursday 28th April, 7pm English Paper Piecing Workshop With Helen Entwistle Catherine 'Casty' Cobb- Silversmith, Puppeteer SaturdaySeptemberi7th. io.00am-i.00pm And Teacher From An Arts And Crafts Family. A Talk C05t-£40 Per Person liol By Her Granddaughter Abi Cochran Thursday 12th Mayi 7pm 'No-Sew' Christma5 Starwith Niki Chandler Friday 17th November, 10.00 Am- 3.00 Pm Morris & Company In Cambridge With Fiona Rose Thursday 26th May7pm Cost £65 Per Person liol Miniature Bookmaking With Helen Perry Newton School Of Metalwork Exhibition Online Talkwith Dave Marshall Wednesday November3Oth 1.30-4.30 Tuesday 31st May-7pm Cost £ 55 Per Person liol Interactive Online Workshop- HOWTO Make A Museum Ofyou With Rachel Morris Decorative CopperTile Making Workshop With Rebecca Stark Thursday 16th June 7pm Saturday 29th October 10.3oam-12.30 C05t £30 Per Person liol Art, CraftsAnd Education.. From HenryColeTo Henry Morris With Petercunningham Thursday 23rd June 7pm Printmaking Workshop With 'Frauhaus' Letterpre55 Saturday November 26th 10.00-1.30 Cost £40 Per Person181 'All That Glitters Is Not Gold, With Saskia Huning
David Parr House Trustee5' Annual Report Icontinuedl Year ended 31 March 2023 Christrna5 Decoration Papercrafting Workshop Saturday Decemberi7th io.00am-i.00pm Cost £30 Per Person liol Precious Scraps, Textile Daywith Niki Chandler Saturday 4th March. 10.00-3.00 C05t £65 Per Person liol Printing With Glint Workshop With 'Frauhaus' Letterpress Creative Collage Workshop With Rebecca Stark Saturday March 18th. 10.00-3.00 C05t £75 Per Person liol Saturday January 14th io.00-12.30 Cost £40 Per Person181 Valentine's Workshop With'Frauhaus' Letterpress TheArtOf Hand Embroiderywith Richard Mcvetis Saturday February 4th io.00-12.30 Cost £40 Per Person {81 Saturday 25th March. io.00am -3.00pm Cost £95 Per Person lio} Achievements During the financial year 2022-2023 the organisation has both maintained and built on the critical success achieved during 2021-2022 which sawthe organisation successfully itself and build upon all that had been achieved during the disrupted Covid-19 year5. Covid has continued to have an impact with vi51tors cancelling bookings and requesting refunds or rescheduling due to positive test results. There has been some, not substantial impact with guides testing positive, though this has been an extremely low number, and all remain in good health. Challenge5 to VlSltor numbers during this period have also included the economic downturn and strikes on railways. The digital offer is now very much embedded within the house offer alongside the physical experience and this hybrid model of reaching out to audiences will continue. During this period, the formal guide led digital tours have been paused, with the online digital platform remaining available, and some bespoke online tours booked I this does still remain part of the bespoke tour offer). The focus has shifted back to physical and in-person onsite offer. Our values of commitment to excellence and innovation were central to all we do, along with the belief that every visitor should be given a meaningful and personal experience relating to the House. It IS the house values that are central to the context and rationale for all we do. For this year many new activities have been trialled and explored. The move is towards establishing a seasonal series of event5 and activities that grow and expand the audience, generate income and diversify audience5 and encourage repeat and return visitor5.
David Parr House Trustee5' Annual Report Icontinuedl Yearended 31 March 2023 Exhibitions and Events= The first exhibition was staged during the early summer. Newton School of Metalwork was a partnership with Dave Marshall, Hammer and Hand Antiques. Displayed in the Visitor Centre, the exhibition was open every Thursday, Friday and Saturday from 2nd June to 30th July. Free entry but timed ticket5 were required. The story ofthe Newton School of Metalwork is one that is local to David Parr House, ties in with the Arts and Crafts production of the time, and was little known. began at the peak ofthe Arts & Crafts Movement as one of numerous classes under the umbrella of the Home Arts and Industries Association IH.A.l.Al but it was one of only a small number of these to become both a thriving metal working school and successful village industry that operated for over half a century. The exhibition explored the foundations of this local School, the designers who contributed their expertise and the workers who skilfully executed their designs. Income was received via a % fee in all works sold. The exhibition, apart from loans from private collections, was a selling show. The associated events programme included a copper repousse workshop led by artist Rebecca Stark, and online talks with Arts & Crafts specialists- Fiona Rose, Patrick Bernbaum and Dave Marshall. Sales during the exhibition.. £6,485.00 earning David Parr House £1,297.00 in commission (20%). of METALWORK Tour programme.. Winterlchristmas seasonal opening. For December 2022 the House reopened after the formal end of season closure with a series of Tours by Candlelight and revised both times and days to accommodate the darkerlcolder days. Workshops Artist-led workshops.. we now run a successful schedule of artist led workshops focussed on a range of craft skills. The artlsts include both Cambridge-based and those from further afield and run on Saturdays. We received fiJnds to develop a series of artist-led workshops for adults with visual impairment. For this we enlisted artists Stepanka Facerova and Mansi Shouche to lead the session5. All were free to attend, and brought together adults, and support carers together for the activities. This built on the existing relationship with Camsight Cambridge. Commercial New onslte retail offer- The displays on the ground floor of the Visitor Centre have been reconfigured to create zoned areas for archive and retail. We commissioned London based designer maker Michael Marriott to make new exclusively designed shelves for the retail area. We are working with artists, designers and businesses that align with the values of David Parr House to develop stock list with strong identity and excusive collaborative products. These include exclusive stationery, art prints and ceramics.
David Parr House Trustee5' Annual Report Icontinuedl Yearended 31 March 2023 Since 2019 a shop area has featured on the David Parr House website. The stock was reviewed with many items that were not performing, withdrawn and sold off, and new ranges launched- including accounts with relevant small business suppliers such as Cambridge Imprint and Art Angels Publishing. Alongside this we have worked closely with selected artists, designers and makers to develop new ranges and expand the items stocked. The online shop interface has been refined and refreshed making it visually simpler and to aid navigation. Research and collection.. David Parr House has been gifted a collection of a series of iron patarae moulds from the FR Leach workshop in City Road, Cambridge dating from later 188os to 19005. The donation was from Emma Lister, granddaughter to Harold Lister who was based in the workshops. The moulds were accompanied by some varied archive materials including a clientlcustomer book from Nora Leach, milliner, showing Mary Jane Parr as a customer. Research continues around the David Parr and FR Leach archive materials, with academic and social historian Shelley Lockwood reviewing these key items to begin to map Leach projects that David Parr worked on. Volunteers: The volunteer workforce continued to be a valued asset and crucial to the success of tour programme. Helen Entwhistle, House Manager, recruited 2 new cohorts during this period, with 4 cohorts of trained guides working with us. The more recent recruits vary in profile to the first cohort, being younger in age and based in other parts of Cambridge, whereas the earlier groups were very local to the House. A5 well as undertaking tours, volunteers also support the house by managing and caring for the garden, and also form a Care & Conservation Team carry out conservation clean in the interior, and physical monitoring for signs of change and infestation. A pulse survey 15 sent out bi-monthly to keep in contact and monitor engagement with the volunteers. A digital newsletter has been replaced by a weekly bulletin, and there are plans to 5UPPOrt the newsletter to grow into a volunteer managed project. Christmas and Summer parties were held forthe Volunteer Workforce, along with a trip to the Hemingford Grey home of Lucy Boston. The experience and insight of the volunteer group is valued and is being consulted as part of the current website development project. Reviews are also being undertaken of the training offered andtour59iven. Looking Forward: Website The year ahead will see a new website launched for David Parr House. Working with consultant Rod Barlow, we are developing a comprehensive brief and selection process, to ensure the project covers all digital requirements for the organisation now, and a150 allow5 growth. Retail and Online shop.. The online shop features high in the priorities forthe new web51te brief. Alongside the new online retail platform, new product5 will be developed including on-demand production and expanding the exclusive commissioned ranges for David Parr House, and improving the ways sales can be reported.
David Parr House Trustee5' Annual Report Icontinuedl Yearended 31 March 2023 The onsite shop will get a refit, supported by funds from Heritage Trade Up grant programme. Working with Britlsh designer-maker Michael Marriott who is known for his minimalist and thoughtful approach to design. He 15 recognized for creating pieces that often blend functionality with an elegant simplicityi driven by minimising environmental impact and maximising sustainable responsibility for materials and production. The refit will transform the space to be a clear retail area remaining in keeping and sen51tive to the archival displays and ambience of the David Parr House welcome area. Programme and Events.. Develop annual themes around which to frame the programme of events, with annual benchmark activities.. Themes.. 2023.. textile art and making- bringing the story of Mary Jane Parr- David's wife out of the shadows. 2024.. Word5, text and lettering- focussing on the letters, and use of words, lettering and poetry in 186 2025.. Journals and sketchbooks.. including a display of DPH sketchbooks- loaned from Normans- (potential acquisition) 2026.. Maps and travel.. the posltion of 186 and impact of the railway on Leach busine55 and ability to travel, and Alfred as a railway employee, also the postcards in the house documenting holidays. 2027.. Pattern- deep dive into the patterns in 186, schedule confirmed to the uncover the remaining David Parr painted walls in 186. Events will focus on these themes, though not exclusivelyi Wlth repeat popular events continuingi such as sorne of the creative workshops and talks. The programme will grow the programme of artist led workshops Wlth the aim that David Parr House is known for working with excellent artisti providing good terms and conditions for all workshop leaders, offering a high-quality learning and social experience, and providing good value for money. House Guests: an annual display of contemporary works in the historic house, drawing our 5torie5 and themes held within the fabric and collections displayed. The programme is devised to bring new voices and new audiences to the house, in addition to repeat visitors. With the introduction of contemporary work, temporarily, into the house, the purpose is to promote the value5 held within, and that inform all the organisation doe5, and demonstrate how they remain as important and relevant today as they were to David Parr and those living during Victorian times. The programrne proved a platform and content for media and prornotion, increasing the profile of the organisation, attracting vi51tors and income a5 well as partnerships and collaborations. Cambridge Open Studios.. h05ting a pop-up 'studio' for local artist each year. Summer in the Museum= becoming part of the annual Cambridge summer offer for families. Open House Cambridge= Partnership5 and research.. For a small organisation partnership is critical to 5ucces5. David Parr House has worked with a number of partners since the charity was founded, and looking forwardi partnerships continue to develop and grow. Birkbeck, University of London and Jarman Lab- research projert with a film output, POSltioning David Parr and his work in the wider Victorian decorative art and social history context, focu55ing on David Parr as representative of the under-represented working cla55 but important contributor5 to the arts and crafts movement.
David Parr House Trustee5' Annual Report Icontinuedl Yearended 31 March 2023 Anglia Ruskin Universityi Cambridge- local to DPH, founded under the principles of John Ruskin and during David Parr's lifetime- in 1858, when the art critic, patron and philanthropist John Ruskin opened Cambridge School of Art. The art school grew to become Anglia Ruskin University and has values that DPH can align withi particularly around the value and potential of creativity. St Clements Church- collaborative project to uncover and conserve painted walls in both locationsi painted by David Parr and FR Leach. Anna Norman, great grand-daughter to David Parr and author of a future collaborative publication on focussing on the personal story of David Parr and his life's work. Blackhorse Atelier ArtUK ArtlSt Studio Museum Network Further academic and cultural partnerships will be developed alongside community based and creative organisations and individuals. Volunteers.. With a vibrant group of volunteers, sorne of whorn have been involved with DPH since its founding as a charity, we strive to retain and sUPPOrt the current cohort while expanding what it can mean to volunteer for the organisation, including training, research projects and career development opportunities for students. Fundraising and development. The fundraising objectives and priorities include short, rnediurn and longerterm priorities= Grow raised incorne via Grants to enable projects and research, with embedded staff costs Grow 5UPPOrt and awarene55 to launch fundraising programme to enable the painted over walls to be uncovered. In partnership with St Clements Church, Cambridge... Develop funding partners to SUPPOrt the growth of a programme of exhibitions and interventions in the house. To nurture a support base in orderto launch a Patrons programme. To Secure funds to SUPPOrt core staff cost5. The trustees, annual report prepared by Annabelle Campbell, Director and was approved on 9th January 2024 and Signed on behalf of the board of trustees by.. MrsTWimhurst Chair of Board of Trustees
The David Parr House Indepèndènt Examinèrfs Rèport tothè Mèmbers of Thè David Parr House Year ended 31 March 2023 I report to the trustees on my examination of the financial statements of The David Parr House I'the Charity'l for the year ended 31 March 2023. Responsibilities and basis of report As the trustees of the Charity you are responsible forthe preparation of the financial statements in accordance with the requirernents of the Charitie5 Act 20111'the Att'i. I report in respect of my examination of the Charity's financial statements carried out under 5ertion 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 1451511bl of the Act. Indepèndènt èxaminer's statement Since the Charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a member of the Institute of Chartered Accountants in England and Wales IICAEWI, which is one of the listed bodies. I have completed my examination. I ctsnfiim that no material matters have come to my attention in connertion with the examination giving me cause to believe that in any material respect.. accounting record5 were not kept in respect of the Charity as required by section 130 of the Act,. or the financial statements do not accord with those records,. or the financial statements do 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 rUe and fairf view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connertion with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Shane Tharby FCA Independent Examiner For and on behalf of Streets Chartered Accountants 3 Wellbrook Court Girton Cambridge CB3 ONA 11 January 2024 -20-
The David Parr House Statèment of Financial Activitiès Year ended 31 March 2023 2023 Restricted Endowment funds funds 2022 Unrestricted funds Total funds Total funds Note Incomè and èndowmènts Donation5 and legacies Charitable activities Other trading aitivities Investment income 2941180 311467 28,023 19,293 62,000 356,180 311467 28,023 13lJ714 30,810 36,616 36,223 29,222 Total income 372,963 62,000 29,222 464,185 235,363 Expenditure Expenditure on raising funds.. Costs of other trading activities Investment management costs Expenditure on charitable activities 151443 151443 2,615 21910 51525 4tr364 119,349 40,800 160149 136,233 Total expenditure 137,407 40,800 2,910 181,117 146,438 Net Ilossesllgains on investments 12 169,9741 1699741 9,760 Nèt incomé and nèt movement in hJnd5 2351556 143,6621 2131094 98,685 Reconciliation of fund5 Total fund5 brought forward Total fvnd5 carried forward 1,0251155 2,831,695 9811493 311431474 The Statement of financial activitie5 includes all gains and1055es recogni5ed in the year. All income and expenditure derive from continuing activities. The notes on pag¢$ 24 to 36 form part of th¢5e financial statements. 21
The David Parr House Statèment of Financial Position 31 March 2023 2023 2022 Note Fixed assets Tangible fixed asset5 Heritage assets Inve5tment5 17 lJ4991086 462,012 9811493 1,534,578 459,762 1,0251155 310191495 Current assets Stocks Debtors Cash at bank and in hand 20 61404 61368 4611791 121936 5,023 164,670 21 4741563 182,629 Creditors: amount5 falling due within one year 2731680 2711744 Net current aS5et5 200,883 189,1151 Totsl assèts lèss turrént liabilitiÈs 311431474 Nèt assèts 3*143.474 2,930,380 Funds of the charity Endowment funds Restricted funds Unrestricted funds 9811493 1,0251155 2,14OJ781 1,905,225 Total charity fvnds 25 311431474 219301380 These financial statements were approved by the board of trustees and authorised for issue on 9th Janua.ry 2024 and are signed on behalf of the board by-. Type l&xt here Mr5 T Wimhurst Trustee The notes on pag¢$ 24 to 36 form part of th¢5e financial statements. -22-
The David Parr House Statèment of Cash Flows Year ended 31 March 2023 2023 2022 Cash flows from operating activities Net income 2131094 98,685 Adju5tmentsfor.' Depreciation of tangible fixed asset5 Net Ilossesllgains on investment5 Dividend5, interest and rents from investments Interest ieceivable and similar income 38,229 691974 14814221 1931 1917601 136,1941 1291 Change5 in.. Stocks Trade and other debtors Trade and other creditors Other operating cash flow changes Cash generated from operations 61532 {113451 11937 21910 21579 16,121 111,1461 282,816 90,243 Net cash from operating activities 282,816 90,243 Cash flows from investing activities Dividends, interest and rents from investments Purchase of tangible assets Purchase of heritage assets Purchases of other investments Proceeds from sale of other investments 36,194 19,6961 1217371 {2,2501 130,2461 1,023 11,01710431 1,648 Net cash fromllused inl investing activities 141212 1988,8971 Cash flows from financing activities Interest received 93 29 Net cash from financing activities 93 29 Net increaselldecreasel in cash and cash equivalents Cash and cash equivalents at beginning of year Cash and cash equivalents at end of year 2971121 1641670 1898,6251 1,063,295 4611791 164,670 The notes on pag¢$ 24 to 36 form part of th¢5e financial statements. -23-
The David Parr House Notèsto thè Financial Statèmènts Year ended 31 March 2023 General inforniation The Charity is a public benefit entity and a registered charity in England and Wales and is unincorporated. The address of the principal office is 1841186 Gwydir Street, Cambridge, CBI 2LW. Statèment of compliance These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland., the 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 IFRS 1021 (Charities SORP IFRS 10211 and the Charities Act 2011. Accounting policies Basis of preparation The financial statements have been prepared on the historical cost basis. The financial 5t3tements are prepared in sterlingi which Is the functional currency of the entity. Going concern There are no material uncertainties about the Charity's ability to continue. Judgements and kèy sources of Èstimation uncertainty The preparation of the financial statement5 require5 management to make judgernents, estimates and a55umption5 that affect the amount5 reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Fund accounting Unrestricted fund5 are available at the discretion of the trustee5 in furtherance of the general objertive5 of the Charity. Designated fund5 comprise unrestricted fund5 that have been set aside by the trustees for particular purposes. Re5tritted fund5 are fund5 which are to be used in accordance with 5peciPic restrictions imp05ed by donor5 Qr which have been raised by the Chérity for particular purpose5. The aim and use of restricted funds are set out in the notes to the accounts. The Charity also has a permanent endowment fund which was Set up to raise £1 million to safeguard and support the long-term future of Charity. The fund is managed on a total return basis. The trustees at their discretion, may allocate any part of the unapplied total return to the general purposes of the charity. -24-
The David Parr House Notèsto thè Financial Statèmènts (contsftuedj Year ended 31 March 2023 Accounting policies fcontsnued) Income All income is included in the statement of financial activities when entitlement has passed to the charity, it is probable that the economic benefits associated with the transaction will flow to the Charity and the mount can be reliably measured. The following specific policies are applied to particular categories of income.. income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt 15 probable and its amc)unt can be measured reliably. legacy income is recognised when receipt is probable and entitlement is estèblished. income from donated good5 is measured at the fair value of the good5 unless thi5 15 impractical to measure reliablyi in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilitie5 and services are recognised in the accounts when received if the value can be reliably measuied. No amounts are included forthe contribution of general volunteers. income frorn contracts for the supply of Services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent ON a particular purpose and returned if unspent, in which case it may be regarded as restricted. Expènditure Expenditure 15 recogni5ed on an accru315 ba515 ès è Iièbility is incurred. Expenditure on charitable activities comprises those costs incurred by the charity in furtherance of the charity's objectives and represents the cost of goods and services that have been incurred in charitable artivities. It includes both costs that can be allocated directly to such activities and those cost5 of an indirect nèture necessary to support them. Governance c05ts are now included as part of expenditure on charitable activitie5 and include those c05t5 550Ciated with meeting the constitutional and Statutory requirement of the Charity and include accountancy fees and costs linked to the strategic management of the Charity. Cash and cash equivalents Cash at bank and in hand is held to meet the day to day running costs of the charity as they fall due. Cash equivalents are short term, highly liquid investments, Usually in 90 day notice interest bearing savings accounts. Tangible assets Tangible assets ère initially recorded at cost, ènd subsequently stated at cost less any èccumulated depreciation and impairment losse5. -25-
The David Parr House Notèsto thè Financial Statèmènts (contsftuedj Year ended 31 March 2023 Accounting policies fcontsnued) Depreciation Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows.. Freehold property Exhibits Computer equipment 2% Straight line 2096 straight line 33% straight line Land is not depreciated. Heritage assets The Charity holds heritage a55ets, which are tangible fixed assets of historical, artlstic or scientific importance that are held to advance preservation and conservation objectives of the charity. Newly acquired heritage assets gifted to the charity are initially recognised at their market value and capitalised. Heritage assets are subsequently held at cost. The very long expeited lives of heritage a55et5, due to their nature, value and need to be protected and preserved means that depreciation 15 not material and is, therefore, not provided. Investments Listed investments are measured at fair value with changes in fair value being recognised in profit or loss. Stocks Stocks are measured at the lower of cost and estimated selling price less cost5 to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition. Financial instruments A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basit financial instruments are initially recognised at the amount reteivable or payable Including any related transaction costs and are 5ub5equently measured at the cash or other consideration expected to be paid or received and not discounted. Debt instruments are subsequently measured at amc)rt15ed c05t. Financial assets that are measured at cost or amortised cost are reviewed foi objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised. Any reversals of impairment are recognised immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the Impairment not previously been recogni5ed. -26-
The David Parr House Notèsto thè Financial Statèmènts (contsftuedj Year ended 31 March 2023 Accounting policies fcontsnued) Defined contribution plan5 Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Donations and legacie5 Unrestricted Funds Restricted Endowment Totsl Funds Fund5 Funds 2023 Donations Other donations 6,680 6,680 Grants Grants receivable 287,500 62,000 349x500 294,180 62,000 356,180 Unrestricted Funds Restricted Endowment Funds Funds Total Funds 2022 Donations Other donations 35,236 711776 Grants Grants receivable 10,668 13,845 35,425 59,938 45,904 13,845 71,965 131,714 Charitsble activities Unrestricted Total Funds Unrestricted Total Funds Fund5 2023 Fund5 2022 House tours 311467 311467 30,810 30,810 Other trading activities Unrestricted Total Funds Unrestricted Total Funds Funds 2023 Funds 2022 Events and merchandise sales 28,023 28,023 36,616 36,616 -27-
The David Parr House Notèsto thè Financial Statèmènts (contsftuedj Year ended 31 March 2023 Investment income Unrestricted Endowment Totsl Funds Funds Funds 2023 Rental income Income from listed investment5 Income from cash investments Bank interest receivable 191200 191200 191110 191110 10,112 93 93 19t293 29t222 Unrestricted Endowment Funds Funds Total Funds 2022 Rental income Income from listed inve5tment5 Income from cash investments Bank interest receivable 191200 191200 4t812 41812 29 29 191229 161994 36,223 Costs of othertrading activities Unrestricted Total Funds Unrestricted Total Funds Funds 2023 Funds 2022 Merchandise costs 151443 151443 51841 51841 Investment management costs Unrestricted Endowment Totsl Funds Funds Funds 2023 Rental commi55ion Investment management fee5 2,615 2,615 21910 2J910 2,615 2J910 51525 Unrestricted Endowment Funds Funds Total Fund5 2022 Rental commission Investment management fees 2,765 2,765 11599 11599 2,765 1,599 4,364 -28-
The David Parr House Notèsto thè Financial Statèmènts (contsftuedj Year ended 31 March 2023 io. Expenditure on charitable activities byfvnd type Unrestricted Funds Restricted Totsl Funds Funds 2023 Advancement of Eduiation on the Life and Work of David Parr Support costs 1161379 21970 40,800 1571179 21970 119J349 40,800 160,149 Unrestricted Funds Restricted Funds Total Fund5 2022 Advancement of Education on the Life and Work of David Parr Support costs 100,849 21710 32,674 1331523 21710 1031559 32,674 136,233 ii. Expenditure on charitsble activities by artivity type Activities undertaken directly Support costs Total funds 2023 Total fund 2022 Advancement of Education on the Life and Work of David Parr Governance costs 1571179 1571179 21970 133t523 21710 21970 1571179 21970 160,149 136,233 12. Net Ilossesllgains on investments Endowment Total Funds Endowment Funds 2023 Funds Total Funds 2022 Gainsii1055esl on other investment 855ets 16919741 16919741 91760 91760 13. Net income Net income is stated after chargingllcreditingl-. 2023 2022 Depreciation of tangible fixed asset5 38,229 -29-
The David Parr House Notèsto thè Financial Statèmènts (contsftuedj Year ended 31 March 2023 14. Independent examination fees 2023 2022 Fees payable to the independent examiner for.. Independent examination of the financial statement5 2,230 2,230 The independent examination fees are for the costs of preparing the financial statements and the independent examination fee. 15. Staff costs The total staff costs and employee benefits for the reporting period are analysed as follows.. 2023 2022 Wages and salaries Social security costs Employer contributions to pension plans 72,830 2,060 41442 691415 1,255 4,091 791332 74,761 The average head count of employees during the year was 212022.. 21. No employee received employee benefits of more than £60,000 during the year12022.. Nill. 16. Trustèè rémunèration and Èxpènsès No remuneration or other benefits from employment with the Charity or a related entity were received by the Trustees during the current and previous year. There were no trustee expenses reimbursed in the current or previous year. 17. Tangible fixed assets Freehold property Exhibits Equipment Total C05t At i April 2022 Additions 22,807 1,887 1,085 850 21737 At 31 March 2023 1,627J700 11935 1,6541329 Depreciation AtIApril 2022 Charge forthe year At 31 March 2023 71727 111712 937 74 1171014 38,229 26,443 1341793 19J439 I,oii 1551243 Carrying amount At 31 March 2023 114921907 51255 924 lJ4991086 At 31 March 2022 11519J350 151080 148 115341578 -30-
The David Parr House Notèsto thè Financial Statèmènts (contsftuedj Year ended 31 March 2023 17. Tangible fixed a55etS (continued) The Trustee5 estimate the cost of land included within freehold property above to be £305151912022.. £305t5191. 18. Heritage assets The property known a5 the David Parr House and contents of the property are deemed to be heritage a55ets in accordance with the Charitie5 50RP IFRS 1021. The David Parr House & contènts Cost or valuation AtIApril 2022 Addition5 4591762 2,250 At 31 March 2023 462,012 Accumulated depreciation At i April 2022 and 31 March 2023 Carrying amount At 31 March 2023 At 31 March 2022 462,012 459,762 The property and contents were originally gifted tts the charity but as a market value was easily established the gift and heritage assets have been accounted for at market value at the time of gift being April 2014. The rnarket value was established as the donor had previously acquired the property frorn a third party immediately before gifting to the charity. Subsequent additions have been valued at cost. Summary of transactions 2023 2022 2021 2020 2019 Included in the statement of financial position Purchases 2,250 Total additions 2,250 9,836 9,836 129,926 129,926 31
The David Parr House Notèsto thè Financial Statèmènts (contsftuedj Year ended 31 March 2023 19. Investments Cash or cash equivalents Other investments Total Cosi or valuation At i April 2022 Additions Disposals Fair value movements Transfers Other movements 31049 30,246 1 922 106 1,0251155 30,246 {1,1371 {69,8611 11,1371 169,8611 129,2221 29,222 At 31 March 2023 1,163 9801330 9811493 Impairment At i April 2022 and 31 March 2023 Carrying amount At 31 March 2023 1,163 9801330 9811493 At 31 March 2022 31049 1 022 106 1,0251155 All investment5 shown above are held at valuation. The investment additions includes interest and dividends received and reinvested. 20. Stocks 2023 2022 Merchandise Stock for resale 61404 121936 21. Debtor5 2023 2022 Trade debtors Prepayments and accrued income Other debtors 265 51975 128 195 41791 37 61368 51023 22. Cash and cash equivalent5 Cash and cash equivalents comprise the following.. 2023 2022 Cash at bank and in hand -32-
The David Parr House Notèsto thè Financial Statèmènts (contsftuedj Year ended 31 March 2023 23. Creditors: amounts falling due within one year 2023 2022 Trade creditors Aicruals and deferred Income Other creditors 1,618 2,230 175 2,230 2691339 2731680 2711744 24. Pènsions and othèr post rètiremènt benèfrts Defined contribution plans The amount recognised in income or expenditure as an expense in relation to defined contribution plans Was £4,44212022'. £4,0911. 25. Analysis of charitable fvnd5 Unrestricted fvnds Gains and At losses 31 Mar 2023 AtIApr2022 Income Expenditure Transfers General fund Property fund 189,1151 119941340 199,1781 138,2291 1419871 41987 11961,098 113744071 Gains and At losses 31 Mar 2022 At i Apr 2021 Income Expenditure Transfers General fund Property fund 1132,6311 2,014,631 132,559 182,1781 129,9871 16,8651 189,1151 1,994,340 1,882,000 132,559 1112,1651 2,831 1,905,225 A separate designated property fund hè5 been credited to record the unrestricted fund5 of the Charity that are tied up in tangible fixed asset5 and heritage a55et5. Atransfer has been made from general funds representing the additional expenditure in the year on tangible fixed asset5 less the depreciation charge on those assets. -33-
The David Parr House Notèsto thè Financial Statèmènts (contsftuedj Year ended 31 March 2023 25. Analysis of charitable fvnd5 fcontsnuedj Restricted fvnds Gains and At losses 31 Mar 2023 AtIApr2022 Income Expenditure Transfers Pilgrim Trust Art Fund Historic England Cambridgeshire Community Foundation Muller Wimhurst Trust lio,oool 50,000 130,8001 191200 62,000 140,8001 21,200 Gains and At losses 31 Mar 2022 At i Apr 2021 Income Expenditure Transfers Pilgrim Trust Art Fund Historic England Cambridgeshire Community Foundation Muller Wimhur5t Trust 20,225 11435 2,247 12,8311 1114351 21,660 132,6741 12,8311 During the previou5 year the Charity wa5 awarded a grant from Pilgrim Trust to continue to 5UPPOrt a post to be called 'The Pilgrim Trust Curator, for 3 years, on a sliding scale, as the interests from the Endowment starts to come into play. During è previous year the charity was awarded è grant from Historic England to create a virtual interactive tour. The remaining balante on the fund was spent In the previous year. During the previous year the charity was awarded a grant from the Arts Fund to support the new digital offerings of the charity. The remaining balance on the fund was spent in the previous year. During the year a grant of £2,000 was received from the Cambridgeshire Community Foundation to enable the charity to build on the existing relationship with Camsight to offer creative workshops to adult5 With visual impairment. During the year a grant was received from the Muller Wimhurst Trust to support the appointment of a director for the charity. -34-
The David Parr House Notèsto thè Financial Statèmènts (contsftuedj Year ended 31 March 2023 25. Analysis of charitable fvnd5 fcontsnuedj Endowmentfunds Gains and At losses 31 Mar 2023 AtIApr2022 Income Expenditure Transfers Perrnanent Endowment Fund 1,0251155 291222 1219101 16919741 9811493 Gains and At losses 31 Mar 2022 At i Apr 2021 Income Expenditure Transfers Permanent Endowment Fund 928,035 881959 1115991 91760 1,0251155 The Charity has set up an endowment fund and has received a matched funding grant from the Heritage Lottery Fund. The grant matched donations on a i'.1 ba515 UP to a maximum of £500,000. During the previous year the income target was reached and the funds were invested. This set a baseline value for the endowment of £1 million which is managed on a total return basis. The power of total return permits the trustees to Invest permanently endowed funds to rnaxlrnlse total return and to apply an appropriate portion of the unapplied total return to Incorne each year. Until the power is exercised to transfer a portion of unapplied total return to income, the unapplied total return remain5 invested as part of the permanent endowment. Unapplied Endowmènt Total Retum Total Opening value of endowment Investment return.. Dividends and interest Investment return.. Recognised and unrecognised gains and losses Investment managernent C05t5 i 000 000 25ff155 291222 1,0251155 29,222 169*9741 169,9741 i 000 000 11815071 981,493 -35-
The David Parr House Notèsto thè Financial Statèmènts (contsftuedj Year ended 31 March 2023 26. Analysis of net assets between fvnds Unrestricted Funds Restricted Endowment Totsl Funds Funds Funds 2023 Tangible fixed assets Heritage assets Investments Current assets Creditors less than i year 114991086 462,012 114991086 462,012 9811493 4741563 127316801 981,493 453,363 1273,6801 21,200 Nèt assèts 2,140,781 21,200 981,493 311431474 Unrestricted Fund5 Restricted Endowment Fund5 Funds Total Funds 2022 Tangible fixed assets Heritage assets Investments Current a55etS Creditors less th6n i year 11534,578 4591762 11534,578 4591762 1,025,155 182,629 127117441 1,025,155 182,629 1271,7441 Net a55et5 1,0251155 27. Analysis of changÈs in nèt dèbt At i Apr 2022 Cash flows At 31 Mar 2023 Cash at bank and in hand 164,670 297,121 4611791 28. Related parties Mr M Muller, a trustee, loaned £269,000 to assist with the property purchase in an earlier year. The balance owed by the charity to Mr M Muller as at the balance Sheet date was É269100012022'. £26910001. During the year the charity received grants from the Muller Wimhurst Trust amounting to É336,000, trust with common trustees. -36-