**REGISTERED CHARITY NUMBER: 1159730**
## **Trustees' Report and**
**Unaudited Financial Statements for the Year Ended 31 March 2023**
## **for**
## **Peterborough Cathedral Development and Preservation Trust CIO**
Stephenson Smart (East Anglia) Limited Chartered Accountants 22-26 King Street King's Lynn Norfolk PE30 1HJ
**Peterborough Cathedral Development and Preservation Trust CIO**
## **Contents of the Financial Statements for the Year Ended 31 March 2023**
||**Page**|
|---|---|
|**Reference and Administrative Details**|1|
|**Trustees' Report**|2 to 3|
|**Independent Examiner's Report**|4|
|**Statement of Financial Activities**|5|
|**Statement of Financial Position**|6|
|**Statement of Cash Flows**|7|
|**Notes to the Statement of Cash Flows**|8|
|**Notes to the Financial Statements**|9 to 16|
|**Detailed Statement of Financial Activities**|17 to 18|
**Peterborough Cathedral Development and Preservation Trust CIO**
## **Reference and Administrative Details for the Year Ended 31 March 2023**
|**Trustees**|Col R Boyle DL|
|---|---|
||Mr D Laing|
||Rev T Alban Jones|
||Sir L Howard|
||Very Rev'd C Dalliston|
||Mr R S G Barnwell DL|
||Mr T R S Jackson|
||Ms C L Graham|
||Mr C J Pulley|
||Ms A Davison-Young|
||Ms A Bentley|
||Mr T Sakhrani|
||Mr M Williams (resigned 12.7.2023)|
||Mr J R Howell|
||Ms G Beasley (appointed 11.4.2023)|
|**Principal address**|Cathedral Office|
||11 Minster Precincts|
||Peterborough|
||Cambridgeshire|
||PE1 1XS|
|**Registered charity number**|1159730|
|**Independent examiner**|Stephenson Smart (East Anglia) Limited|
||Chartered Accountants|
||22-26 King Street|
||King's Lynn|
||Norfolk|
||PE30 1HJ|
|**Solicitors**|Farrer & Co|
||66 Lincolns Inn Fields|
||London|
||WC2A 3LH|
1
**Peterborough Cathedral Development and Preservation Trust CIO**
## **Trustees' Report for the Year Ended 31 March 2023**
The trustees present their report with the financial statements of the charity for the year ended 31 March 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **Objectives and activities**
## **Objectives and aims**
The objectives of the Charity are the support of such charitable purposes connected with the Chapter of Peterborough Cathedral, and the support of such other charitable purposes or charitable foundations as the Trustees, being not less than seven in number, shall from time to time by deed executed with their unanimous consent declare.
## **Fundraising**
The sole purpose of the Trust is to raise funds to support the work and ministry of the Cathedral and to preserve, maintain and improve its fabric and facilities. It does so through encouraging membership of the Keys programme (both personal and corporate); direct fundraising though grants, donations, legacies and fundraising events.
Income received may be restricted for use on a project or purpose specified by the donor. Such income is classified as restricted and must be used for the project purpose. Income may be paid directly to the Chapter in accordance with the terms of the grant donation. Otherwise funds are transferred from time to time for the use at the discretion of the Chapter in furtherance of objectives of the Trust. A small balance is retained to cover fundraising costs.
## **Volunteers**
The Trust is indebted to the hard work and commitment of all Trustees and other volunteers in supporting its work. In addition, the hard work of the Chapter staff in supporting and sustaining the work of the Trust was highly valued.
## **Achievement and performance**
In response to the continuing difficult economic climate, the Trustees undertook a strategic review in the late spring of 2022, resulting in the decision to support the Cathedral in its appointment of fundraising staff who would devote time for the fundraising activity of all its stakeholders, including Peterborough Cathedral Preservation and Development Trust. As a result of that decision, a redundancy position arose for both of its staff at the end of June 2022.
Whilst the Cathedral undertook its recruitment process, all activity other than receiving legacies, some small grant applications made on behalf of The Trust and donor management ceased. This is reflected in the fall of income shown during the year.
As part of the restructure, further reorganisation of the Trustee body took place with a complete review of governance procedures and policies, and the establishment of new sub committees to support the renewed focus of The Trust.
## **Financial review**
## **Financial position**
The Trust transitioned to a new accounting system during the year, overseen by an external management accountant provision.
Total income for the financial year was £197,460 (2022 £615,232), almost entirely arising from legacy income.
Our future fundraising strategy will re-focus on regular monthly giving, through membership schemes, corporate engagement, core funding grants through trusts and other philanthropy.
The Trust approved and paid out £164,162 (2022 £537,871) in support of, fabric and operational costs.
2
**Peterborough Cathedral Development and Preservation Trust CIO**
## **Trustees' Report for the Year Ended 31 March 2023**
## **Financial review**
## **Reserves policy**
It is the intention of the Trustees to maintain 9 months unrestricted income for operational costs in order to cover ongoing costs, and that normally 10% of all donations received are allocated to the cost of generating income and support costs of the Charity.
## **Future plans**
In 2023/24 the Trust will build its Cathedral Keys Membership enabling the Cathedral access to unrestricted income in support of Chapters operating costs.
We will seek funding from corporates, trusts and members for a number of sustainability projects that the Chapter have identified, enabling the Cathedral to generate regular income that will cover operating costs and maintenance.
It costs £5,942 per day to operate the Cathedral. The Cathedral depends on donations, events and commercial activity to cover its costs, and therefore the work of The Trust is critical to future sustainability.
The Chapter have recruited a new Head of Fundraising, and he is currently producing a fundraising strategy for the all the bodies which sit within the Cathedral family. There is now a great opportunity for those bodies to work together, guided by the 15-year master plan "Touching History", to raise funds so that the master plan is delivered. The Trust has yet to consider the fundraising strategy but there will be opportunities for the Trust to seek funding for capital projects set out on the 'Touching History' master plan.
## **Structure, governance and management**
The Peterborough Cathedral Development and Preservation Trust is a charitable incorporated organisation (CIO) and was registered with the Charity Commissioners on 29 December 2014.
The Trustees are responsible for the sound management of the Charity and are responsible for the appointment of new Trustees. Trustees must number a minimum of 7 and a maximum of 25. All Trustees are appointed for a three-year term and when making appointments Trustees have regard to the skills, knowledge and experience needed for the effective administration of the CIO.
None of the Trustees has any beneficial interest in the Charity. All Trustees are members of the Charity and guarantee to contribute £1 in the event of winding up.
In addition to appointed Trustees, the Dean of Peterborough cathedral is automatically a Charity Trustee.
The Executive Committee also have powers to appoint not more than three charity trustees for a fixed term of office.
Approved by order of the board of trustees on 18[th] January 2024 and signed on its behalf by:
........................................................................ Ms G Beasley – Chair of Trustees
3
## **Independent Examiner's Report to the Trustees of Peterborough Cathedral Development and Preservation Trust CIO**
## **Independent examiner's report to the trustees of Peterborough Cathedral Development and Preservation Trust CIO**
I report to the charity trustees on my examination of the accounts of Peterborough Cathedral Development and Preservation Trust CIO (the Trust) for the year ended 31 March 2023.
## **Responsibilities and basis of report**
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts 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 true and fair 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 connection 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.
Christopher Goad BFP FCA
Stephenson Smart (East Anglia) Limited Chartered Accountants 22-26 King Street King's Lynn Norfolk PE30 1HJ
Date: 18[th] January 2024
4
**Peterborough Cathedral Development and Preservation Trust CIO**
## **Statement of Financial Activities for the Year Ended 31 March 2023**
|**Unrestricted**
**Restricted**
**Endowment**
**fund**
**fund**
**funds**
**Notes**
**£**
**£**
**£**
**Income and endowments from**
Donations and legacies
3
154,720
41,085
-
Other trading activities
4
1,500
-
-
Investment income
5
155
-
-
**Total**
156,375
41,085
-
**Expenditure on**
**Charitable activities**
6
Costs of events and activities
276
208
-
Grants payable
124,675
39,487
-
Support costs
40,362
-
-
Governance costs
9,226
-
-
**Total**
174,539
39,695
-
**NET INCOME/(EXPENDITURE)**
(18,164)
1,390
-
**Reconciliation of funds**
Total funds brought forward
21,160
73,207
17,719
**Total funds carried forward**
2,996
74,597
17,719|**31.3.23**
**Total**
**funds**
**£**
195,805
1,500
155
197,460
484
164,162
40,362
9,226
214,234
(16,774)
112,086
95,312|**31.3.22**
**Total**
**funds**
**£**
606,691
8,460
81
615,232
3,574
537,871
74,821
7,206
623,472
(8,240)
120,326
112,086|
|---|---|---|
The notes form part of these financial statements
5
**Peterborough Cathedral Development and Preservation Trust CIO**
## **Statement of Financial Position 31 March 2023**
|**Unrestricted**
**Restricted**
**Endowment**
**fund**
**fund**
**funds**
**Notes**
**£**
**£**
**£**
**Current assets**
Debtors
13
10,804
-
-
Cash at bank
136,255
142,351
17,719
147,059
142,351
17,719
**Creditors**
Amounts falling due within one
year
14
(144,063)
(67,754)
-
**Net current assets**
2,996
74,597
17,719
**Total assets less current**
**liabilities**
2,996
74,597
17,719
**NET ASSETS**
2,996
74,597
17,719
**Funds**
15
Unrestricted funds
Restricted funds
Endowment funds
**Total funds**|**31.3.23**
**Total**
**funds**
**£**
10,804
296,325
307,129
(211,817)
95,312
95,312
95,312
2,996
74,597
17,719
95,312|**31.3.22**
**Total**
**funds**
**£**
3,895
454,466
458,361
(346,275)
112,086
112,086
112,086
21,160
73,207
17,719
112,086|
|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 18[th] January 2024 and were signed on its behalf by:
............................................. Ms G Beasley – Chair of Trustees
The notes form part of these financial statements
6
## **Peterborough Cathedral Development and Preservation Trust CIO**
## **Statement of Cash Flows for the Year Ended 31 March 2023**
|**Notes**
**Cash flows from operating activities**
Cash generated from operations
1
Interest paid
Net cash (used in)/provided by operating activities
**Cash flows from investing activities**
Interest received
Net cash provided by investing activities
**Change in cash and cash equivalents in the**
**reporting period**
**Cash and cash equivalents at the beginning**
**of the reporting period**
**Cash and cash equivalents at the end of**
**the reporting period**|**31.3.23**
**£**
(158,110)
(186)
(158,296)
155
155
(158,141)
454,466
296,325|**31.3.22**
**£**
325,207
-
325,207
81
81
325,288
129,178
454,466|
|---|---|---|
The notes form part of these financial statements
7
**Peterborough Cathedral Development and Preservation Trust CIO**
## **Notes to the Statement of Cash Flows for the Year Ended 31 March 2023**
|**1.**|**Reconciliation of net expenditure to net cash flow from operating activities**|**Reconciliation of net expenditure to net cash flow from operating activities**|||
|---|---|---|---|---|
||||**31.3.23**|**31.3.22**|
||||**£**|**£**|
||**Net expenditure for the reporting period (as per the Statement of**||||
||**Financial Activities)**||(16,774)|(8,240)|
||**Adjustments for:**||||
||Interest received||(155)|(81)|
||Interest paid||186|-|
||(Increase)/decrease in debtors||(6,909)|3,337|
||(Decrease)/increase in creditors||(134,458)|330,191|
||**Net cash (used in)/provided by operations**||(158,110)|325,207|
|**2.**|**Analysis of changes in net funds**||||
|||**At 1.4.22**|**Cash flow**|**At 31.3.23**|
|||**£**|**£**|**£**|
||**Net cash**||||
||Cash at bank|454,466|(158,141)|296,325|
||**Total**|454,466|(158,141)|296,325|
The notes form part of these financial statements
8
**Peterborough Cathedral Development and Preservation Trust CIO**
## **Notes to the Financial Statements for the Year Ended 31 March 2023**
## **1. General information**
The charity is a public benefit entity and a registered charity in England and Wales and is a Charitable Incorporated Organisation (CIO). The address of the principle office is Cathedral Office, 11 Minister Precincts, Peterborough, PE1 1XS.
## **2. Accounting policies**
## **Basis of preparing the financial statements**
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
## **Critical accounting judgements and key sources of estimation uncertainty**
The preparation of the financial statements in conformity requires management to make judgements, estimates and assumptions that affect the amounts 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.
Given the straightforward operations and financial position of the charity, there are not considered to be any key sources of judgement or estimation uncertainty within these financial statements.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
9
**Peterborough Cathedral Development and Preservation Trust CIO**
## **Notes to the Financial Statements - continued for the Year Ended 31 March 2023**
## **2. Accounting policies - continued**
## **Pension costs and other post-retirement benefits**
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
## **3. Donations and legacies**
|**3.**
**Donations and legacies**|||
|---|---|---|
|Donations
Legacies
**4.**
**Other trading activities**
Fundraising events
**5.**
**Investment income**
Deposit account interest|**31.3.23**
**£**
115,805
80,000
195,805
**31.3.23**
**£**
1,500
**31.3.23**
**£**
155|**31.3.22**
**£**
293,840
312,851|
|||606,691|
|||**31.3.22**
**£**
8,460
**31.3.22**
**£**
81|
## **6. Charitable activities costs**
|Costs of events and activities
Grants payable
Support costs
Governance costs|**Grant**
**funding of**
**activities**
**Support**
**Direct**
**(see note**
**costs (see**
**Costs**
**7)**
**note 8)**
**£**
**£**
**£**
484
-
-
-
164,162
-
-
-
40,362
-
-
9,226
484
164,162
49,588|**Totals**
**£**
484
164,162
40,362
9,226|
|---|---|---|
|||214,234|
10
**Peterborough Cathedral Development and Preservation Trust CIO**
## **Notes to the Financial Statements - continued for the Year Ended 31 March 2023**
## **7. Grants payable**
|**Grants payable**|||
|---|---|---|
|Grants payable
The total grants paid to institutions during the year was as follows:
Music
Fabric
Other|**31.3.23**
**£**
164,162
**31.3.23**
**£**
-
40,893
123,269
164,162|**31.3.22**
**£**
537,871|
|||**31.3.22**
**£**
195,950
151,819
190,102|
|||537,871|
## **8. Support costs**
|**Management**
**£**
Support costs
39,236
Governance costs
-
39,236|**Governance**
**Finance**
**costs**
**£**
**£**
1,126
-
-
9,226
1,126
9,226|**Totals**
**£**
40,362
9,226
49,588|
|---|---|---|
## **9. Trustees' remuneration and benefits**
There were no trustees' remuneration or other benefits for the year ended 31 March 2023 nor for the year ended 31 March 2022.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 March 2023 nor for the year ended 31 March 2022.
## **10. Staff costs**
|**Staff costs**|||
|---|---|---|
|Wages and salaries
Social security costs
Other pension costs
The average monthly number of employees during the year was as follows:
Staff|**31.3.23**
**£**
43,232
(11,000)
440
32,672
**31.3.23**
1|**31.3.22**
**£**
56,039
6,214
1,320|
|||63,573|
|||**31.3.22**
2|
11
**Peterborough Cathedral Development and Preservation Trust CIO**
## **Notes to the Financial Statements - continued for the Year Ended 31 March 2023**
## **10. Staff costs - continued**
No employees received emoluments in excess of £60,000.
## **11. Ex gratia payments**
Staff wages and salaries include redundancy costs of £8,750 (2022 - nil).
## **12. Comparatives for the statement of financial activities**
|**Unrestricted**
**Restricted**
**Endowment**
**fund**
**fund**
**funds**
**£**
**£**
**£**
**Income and endowments from**
Donations and legacies
196,601
410,090
-
Other trading activities
-
8,460
-
Investment income
81
-
-
**Total**
196,682
418,550
-
**Expenditure on**
**Charitable activities**
Costs of events and activities
-
3,574
-
Grants payable
190,102
347,769
-
Support costs
74,821
-
-
Governance costs
7,206
-
-
**Total**
272,129
351,343
-
**NET INCOME/(EXPENDITURE)**
(75,447)
67,207
-
**Reconciliation of funds**
Total funds brought forward
96,607
6,000
17,719
**Total funds carried forward**
21,160
73,207
17,719|**Total**
**funds**
**£**
606,691
8,460
81
615,232
3,574
537,871
74,821
7,206
623,472
(8,240)
120,326
112,086|
|---|---|
12
**Peterborough Cathedral Development and Preservation Trust CIO**
## **Notes to the Financial Statements - continued for the Year Ended 31 March 2023**
|**13.**|**Debtors: amounts falling due within one year**||||
|---|---|---|---|---|
||||**31.3.23**|**31.3.22**|
||||**£**|**£**|
||Other debtors||-|245|
||Amounts due from Peterborough||||
||Cathedral||2,905|2,905|
||Gift aid recoverable||7,899|745|
||||10,804|3,895|
|**14.**|**Creditors: amounts falling due within one year**||||
||||**31.3.23**|**31.3.22**|
||||**£**|**£**|
||Trade creditors||105|-|
||Taxation and social security||(17,191)|845|
||Other creditors||228,903|345,430|
||||211,817|346,275|
|**15.**|**Movement in funds**||||
||||**Net**||
||||**movement**||
|||**At 1.4.22**|**in funds**|**At 31.3.23**|
|||**£**|**£**|**£**|
||**Unrestricted funds**||||
||General fund|21,160|(18,164)|2,996|
||**Restricted funds**||||
||Restricted fund|73,207|1,390|74,597|
||**Endowment funds**||||
||CSP Ministry|13,635|-|13,635|
||CSP Fabric|4,084|-|4,084|
|||17,719|-|17,719|
||**TOTAL FUNDS**|112,086|(16,774)|95,312|
13
**Peterborough Cathedral Development and Preservation Trust CIO**
## **Notes to the Financial Statements - continued for the Year Ended 31 March 2023**
## **15. Movement in funds - continued**
Net movement in funds, included in the above are as follows:
||**Incoming**|**Resources**|**Movement**|
|---|---|---|---|
||**resources**|**expended**|**in funds**|
||**£**|**£**|**£**|
|**Unrestricted funds**||||
|General fund|156,375|(174,539)|(18,164)|
|**Restricted funds**||||
|Restricted fund|41,085|(39,695)|1,390|
|**TOTAL FUNDS**|197,460|(214,234)|(16,774)|
|**Comparatives for movement in funds**||||
|||**Net**||
|||**movement**||
||**At 1.4.21**|**in funds**|**At 31.3.22**|
||**£**|**£**|**£**|
|**Unrestricted funds**||||
|General fund|96,607|(75,447)|21,160|
|**Restricted funds**||||
|Restricted fund|6,000|67,207|73,207|
|**Endowment funds**||||
|CSP Ministry|13,635|-|13,635|
|CSP Fabric|4,084|-|4,084|
||17,719|-|17,719|
|**TOTAL FUNDS**|120,326|(8,240)|112,086|
14
**Peterborough Cathedral Development and Preservation Trust CIO**
## **Notes to the Financial Statements - continued for the Year Ended 31 March 2023**
## **15. Movement in funds - continued**
Comparative net movement in funds, included in the above are as follows:
||**Incoming**|**Resources**|**Movement**|
|---|---|---|---|
||**resources**|**expended**|**in funds**|
||**£**|**£**|**£**|
|**Unrestricted funds**||||
|General fund|196,682|(272,129)|(75,447)|
|**Restricted funds**||||
|Restricted fund|418,550|(351,343)|67,207|
|**TOTAL FUNDS**|615,232|(623,472)|(8,240)|
A current year 12 months and prior year 12 months combined position is as follows:
|||**Net**||
|---|---|---|---|
|||**movement**||
||**At 1.4.21**|**in funds**|**At 31.3.23**|
||**£**|**£**|**£**|
|**Unrestricted funds**||||
|General fund|96,607|(93,611)|2,996|
|**Restricted funds**||||
|Restricted fund|6,000|68,597|74,597|
|**Endowment funds**||||
|CSP Ministry|13,635|-|13,635|
|CSP Fabric|4,084|-|4,084|
||17,719|-|17,719|
|**TOTAL FUNDS**|120,326|(25,014)|95,312|
15
**Peterborough Cathedral Development and Preservation Trust CIO**
## **Notes to the Financial Statements - continued for the Year Ended 31 March 2023**
## **15. Movement in funds - continued**
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
||**Incoming**|**Resources**|**Movement**|
|---|---|---|---|
||**resources**|**expended**|**in funds**|
||**£**|**£**|**£**|
|**Unrestricted funds**||||
|General fund|353,057|(446,668)|(93,611)|
|**Restricted funds**||||
|Restricted fund|459,635|(391,038)|68,597|
|**TOTAL FUNDS**|812,692|(837,706)|(25,014)|
## **16. Related party disclosures**
During the year the Trust entered into the following transactions with related parties:
Grants of £164,163 (2022 : £537,871) were awarded to the Chapter of Peterborough Cathedral during the year, of which some of the Trustees are members. Included within debtors is £2,905 which is due from the Chapter of Peterborough Cathedral (2022 : £2,905).
16
**Peterborough Cathedral Development and Preservation Trust CIO**
## **Detailed Statement of Financial Activities for the Year Ended 31 March 2023**
|**Income and endowments**
**Donations and legacies**
Donations
Legacies
**Other trading activities**
Fundraising events
**Investment income**
Deposit account interest
**Total incoming resources**
**Expenditure**
**Charitable activities**
Costs of events and activities
Grants to institutions
**Support costs**
**Management**
Wages
Social security
Pensions
Insurance
Computer expenses
Office expenses
Postage and stationery
Advertising
**Finance**
Bank charges
Interest payable|**31.3.23**
**£**
115,805
80,000
195,805
1,500
155
197,460
484
164,162
164,646
43,232
(11,000)
440
952
4,556
979
77
-
39,236
940
186
1,126|**31.3.22**
**£**
293,840
312,851
606,691
8,460
81
615,232
3,574
537,871
541,445
56,039
6,214
1,320
943
6,961
1,484
551
618
74,130
691
-
691|
|---|---|---|
This page does not form part of the statutory financial statements
17
**Peterborough Cathedral Development and Preservation Trust CIO**
## **Detailed Statement of Financial Activities for the Year Ended 31 March 2023**
|**Finance**
**Governance costs**
Accountancy fees
Legal and other professional
Independent exam fees
Total resources expended
**Net expenditure**|**31.3.23**
**£**
3,013
4,413
1,800
9,226
214,234
(16,774)|**31.3.22**
**£**
1,800
3,906
1,500
7,206
623,472
(8,240)|
|---|---|---|
This page does not form part of the statutory financial statements
18