``` REGISTERED COMPANY NUMBER: 08878132 (England and Wales) REGISTERED CHARITY NUMBER: 1161410 ``` ## **`REPORT OF THE TRUSTEES AND`** ``` UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2022 ``` ## **`FOR`** ``` SUDBURY GASWORKS RESTORATION TRUST LTD ``` ``` Brookes Stephens New Media House Davidson Road Lichfield Staffordshire WS14 9DZ ``` ``` SUDBURY GASWORKS RESTORATION TRUST LTD ``` ## **`CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2022`** ||**`Page`**| |---|---| |**`Reference and Administrative Details`**|`1`| |**`Report of the Trustees`**|`2 to 4`| |**`Independent Examiner's Report`**|`5`| |**`Statement of Financial Activities`**|`6`| |**`Balance Sheet`**|`7 to 8`| |**`Notes to the Financial Statements`**|`9 to 15`| |**`Detailed Statement of Financial Activities`**|`16 to 17`| ``` SUDBURY GASWORKS RESTORATION TRUST LTD ``` ## **`REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 28 FEBRUARY 2022`** |**`TRUSTEES`**|`Mr B Bozier`| |---|---| ||`Ms A M Massey Fryer`| ||`Mr T Harvey`| ||`Ms G A Prew`| ||`Mr T Webber`| ||`Mrs J White`| ||`Ms K M Filby (appointed 10.3.2021)`| ||`Mr J Bozier (appointed 1.9.2021)`| ||`Miss L A Baggott`| |**`REGISTERED OFFICE`**|`Dovebank House`| ||`Sudbury`| ||`Ashbourne`| ||`Derbyshire`| ||`DE6 5HR`| |**`REGISTERED COMPANY NUMBER`**|`08878132 (England and Wales)`| |**`REGISTERED CHARITY NUMBER`**|`1161410`| |**`INDEPENDENT EXAMINER`**|`Brookes Stephens`| ||`New Media House`| ||`Davidson Road`| ||`Lichfield`| ||`Staffordshire`| ||`WS14 9DZ`| ``` -1- ``` ``` SUDBURY GASWORKS RESTORATION TRUST LTD ``` ## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 28 FEBRUARY 2022`** ``` ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006,presenttheir report withthefinancialstatementsofthecharityfortheyearended28February2022.Thetrusteeshaveadopted the provisionsofAccountingandReportingbyCharities:StatementofRecommendedPracticeapplicableto charities preparingtheiraccountsinaccordancewiththeFinancialReportingStandardapplicableintheUKandRepublic of Ireland (FRS 102) (effective 1 January 2019). ``` ``` 2021 to 2022 saw the trust have to applyfor an upliftin grant award from the NationalLotteryHeritageFund due to a riseininflationcausedbytheCovid19Pandemic.Thisapplicationwassuccessfulandisnowenablingthe Trust’s objectivestobe realisedandtheGasworksbuildingtobe renovatedforthegoodof Sudbury,itsinhabitantsand the nation. ``` ## **`OBJECTIVES AND ACTIVITIES`** ## **`Objectives and aims`** ``` To preserve and restore Sudbury Gasworks for the benefit of the people of Sudbury Parish, Derbyshire and the Nation. ``` ``` Preserving the historical, architectural and constructional heritage of the gasworks and its environment. ``` ``` Topromotethehistorical,architecturalandconstructionalheritageoftheGasworksforthebenefitofthepeople of Sudbury Parish, Derbyshire and the Nation. ``` ## **`Public benefit`** ``` The Trustees have had regard to the Charity Commission's guidance on public benefit. ``` ## **`ACHIEVEMENT AND PERFORMANCE`** ## **`Charitable activities`** ``` The main outcomes delivered by the Trust have been to: ``` ``` Completethedevelopmentphaseoftheproject.Themajorityofthisworkhasbeenmanagedbyour contracted Project Manager, Lucy Godfrey. ``` ``` Agrantupliftwasappliedforandawardedonthe21stFebruary2022for£219,500.Thistookthetotalgrant award from the NationalLotteryHeritageFund to £1,377,800meaningthat buildingworks are able to start and that inflation of material costs could be taken into account following delays due to The Covid 19 pandemic. ``` ``` Finalisation and agreement on the design between all stakeholders. ``` ``` Updating our business plan. ``` ``` Updating the capital Cost Plan for the project delivery based on a fixed price tender. ``` ``` MaintainingthesupportfromfunderstoadequatelymatchthefundssoughtfromtheHeritageFund,despite delays in the delivery phase project start date. ``` ``` Maintaining support from the Landlord, Sudbury Estate and The National Trust. ``` ``` Delivering on the development phase activity plan. ``` ``` Variation in the planning consent in our favour and completion of the pre-construction surveys. ``` ``` -2- ``` ``` SUDBURY GASWORKS RESTORATION TRUST LTD ``` ## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 28 FEBRUARY 2022`** ## **`ACHIEVEMENT AND PERFORMANCE Fundraising activities`** ``` Community Fund Raising: ``` ``` Our Fund-RaisingCommitteehave been very active,with events during2021. Communityfundraisingis important not only becauseof the essentialfunds raised,but becauseit symboliseslocal supportfor the Trust. It has been a triumph of our fundraising team that we have met our targets during the 2021 following the pandemic. ``` ``` Fundraising from third parties: ``` ``` FundswereappliedforandawardedbyTheLotteryCommunityfundtohelpputonalargevillageeventfor the queens Jubilee in order to raise the profile of the gasworks within the local parish. ``` ## **`FINANCIAL REVIEW`** ## **`Financial position`** ``` Income: Over financial year to February 2022 decreased to: £100,477 ``` ``` Expenditure: increased at: £41,503 ``` ``` Reserves: Increased at: £164,891 ``` ## **`Principal funding sources`** ``` TheNationalLotteryHeritageFund,TheVernonCharitableTrust,SudburyParishRoomCommittee,The Coop Foundation,SudburyParishCouncil,HeritageCompass,The LotteryCommunityFundandrepresentativesof the local and wider communities who have supported our fundraising efforts. ``` ## **`Reserves policy`** ``` Withmostfundspledgedtoourcharitablegoalsbeingrestrictedtospecificprojectdelivery,ourpolicyisto build reservesthroughcommunityfundraisingtomeetthecostsofrunningthecompanyandmatch-funding and seed-funding our project development. ``` ## **`FUTURE PLANS`** ``` 2021 has been gettingbackto businessfollowingthe Covid-19pandemic.We go forwardwithbuildingworks starting early2022tohopefullycompleteintheSpringof2023.Thebusinessplancannowstarttobeimplemented and bookings for future hire taken. ``` ## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`** ## **`Governing document`** ``` Thecharityiscontrolledbyitsgoverningdocument,adeedoftrust,andconstitutesalimitedcompany,limited by guarantee, as defined by the Companies Act 2006. ``` ``` Governing document: Articles of Association, dated 15 March 2015. ``` ``` Constitution: Private Company limited by guarantee. Company number 08878132 ``` ## **`Organisational structure`** ``` Theadvancementofthecompany'sobjectivesiscarriedout,day-to-daybytheprojectmanager,contractedto carry out this work under the direction of the Board of Directors. ``` ``` -3- ``` ``` SUDBURY GASWORKS RESTORATION TRUST LTD ``` ## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 28 FEBRUARY 2022`** ## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`** ## **`Induction and training of new trustees`** ``` Trusteesaredirectorsofthecompanyandelectedfrommembersofthecompany.Theremustbeatleast3and no more than 12 trustees. No individual may be appointed as trustee unless willing to act as Charity Trustee. ``` ``` Persons disqualified from acting as trustees are defined in clause 14.7 of the company's articles of association. ``` ``` TrusteesareusuallyelectedattheAGM bya ballotof members.Trusteesmayco-opta suitablyqualifiedmember to fill a vacancy; such co-opted trustees to hold office until the next AGM. ``` ``` Atrusteemustdeclarethenatureandextentofanyinterest,directorindirect,whichtheyhaveinthe proposed workings of the charity. ``` ``` This reporthas been preparedin accordancewith the specialprovisionsof Part 15 of the CompaniesAct 2006 relating to small companies. ``` ``` Approved by order of the board of trustees on 1 August 2022 and signed on its behalf by: ``` ``` Mrs J White - Trustee ``` ``` -4- ``` ## **`INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SUDBURY GASWORKS RESTORATION TRUST LTD`** ## **`Independent examiner's report to the trustees of Sudbury Gasworks Restoration Trust Ltd ('the Company')`** ``` IreporttothecharitytrusteesonmyexaminationoftheaccountsoftheCompanyfortheyear ended 28 February 2022. ``` ## **`Responsibilities and basis of report`** ``` As the charity'strusteesof the Company(andalsoits directorsfor the purposesof companylaw)youare responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). ``` ``` Having satisfiedmyself that the accountsof the Companyare not requiredto be auditedunder Part 16 of the 2006 Act andareeligibleforindependentexamination,Ireportinrespectofmyexaminationofyourcharity'saccounts as carriedoutundersection145oftheCharitiesAct2011('the2011Act').IncarryingoutmyexaminationI have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act. ``` ## **`Independent examiner's statement`** ``` Ihavecompletedmyexamination.Iconfirmthatnomattershavecometomyattentioninconnectionwith the examination giving me cause to believe: ``` `1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or` `2. the accounts do not accord with those records; or` `3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or` `4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).` ``` Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationtowhich attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. ``` ``` Leon Stephens FCA Brookes Stephens New Media House Davidson Road Lichfield Staffordshire WS14 9DZ ``` ``` 1 August 2022 ``` ``` -5- ``` ## **`SUDBURY GASWORKS RESTORATION TRUST LTD`** ## **`STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 28 FEBRUARY 2022`** |`Unrestricted`
`fund`
`Notes`
`£`
**`Income and endowments from`**
`Donations and legacies`
`2`
`1,763`
`Other trading activities`
`3`
`8,051`
`Investment income`
`4`
`5,864`
**`Total`**
`15,678`
**`Expenditure on`**
`Raising funds`
`4,003`
**`Charitable activities`**
`Charitable`
`6,333`
**`Total`**
`10,336`
**`NET INCOME`**
`5,342`
**`Reconciliation of funds`**
**`Total funds brought forward`**
`8,734`
**`Total funds carried forward`**
`14,076`|`Restricted`
`fund`
`£`
`84,799`
`-`
`-`
`84,799`
`8,235`
`22,932`
`31,167`
`53,632`
`97,183`
`150,815`|`2022`
`Total`
`funds`
`£`
`86,562`
`8,051`
`5,864`
`100,477`
`12,238`
`29,265`
`41,503`
`58,974`
`105,917`
`164,891`|`2021`
`Total`
`funds`
`£`
`97,798`
`6,878`
`-`| |---|---|---|---| ||||`104,676`
`984`
`6,797`| ||||`7,781`| ||||`96,895`
`9,022`| ||||`105,917`| ``` The notes form part of these financial statements ``` ``` -6- ``` ## **`SUDBURY GASWORKS RESTORATION TRUST LTD`** ## **`BALANCE SHEET 28 FEBRUARY 2022`** |`Notes`
**`Fixed assets`**
`Tangible assets`
`9`
**`Current assets`**
`Debtors`
`10`
`Prepayments and accrued income`
`Cash at bank and in hand`
**`Creditors`**
`Amounts falling due within one year`
`11`
**`Net current assets`**
**`Total assets less current liabilities`**
**`Creditors`**
`Amounts falling due after more than one year`
`12`
**`NET ASSETS`**
**`Funds`**
`15`
`Unrestricted funds:`
`General fund`
`Restricted funds:`
`Restricted`
**`Total funds`**|`2022`
`£`
`101,091`
`4,066`
`5,806`
`106,815`
`116,687`
`(6,685)`
`110,002`
`211,093`
`(46,202)`
`164,891`
`14,076`
`150,815`
`164,891`|`2021`
`£`
`66,860`
`3,799`
`139`
`38,901`
`42,839`
`(3,782)`
`39,057`
`105,917`
`-`
`105,917`
`8,734`
`97,183`
`105,917`| |---|---|---| ``` The charitablecompanyis entitledto exemptionfrom audit under Section477 of the CompaniesAct 2006 for the year ended 28 February 2022. ``` ``` Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatementsfortheyear ended 28 February 2022 in accordance with Section 476 of the Companies Act 2006. ``` ``` The trustees acknowledge their responsibilities for ``` - `(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and` - `(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.` ``` The notes form part of these financial statements ``` ``` continued... ``` ``` -7- ``` ``` SUDBURY GASWORKS RESTORATION TRUST LTD ``` ## **`BALANCE SHEET - continued 28 FEBRUARY 2022`** ``` Thesefinancialstatementshavebeenpreparedinaccordancewiththeprovisionsapplicableto charitable companies subject to the small companies regime. ``` ``` The financialstatementswere approvedby the Board of Trustees and authorisedfor issue on 1 August2022 and were signed on its behalf by: ``` ``` Mrs J White - Trustee ``` ``` The notes form part of these financial statements ``` ``` -8- ``` ``` SUDBURY GASWORKS RESTORATION TRUST LTD ``` ## **`NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2022`** ## **`1. ACCOUNTING POLICIES`** ## **`Basis of preparing the financial statements`** ``` The financialstatementsof the charitablecompany,whichis a publicbenefitentityunderFRS 102,have been preparedinaccordancewiththeCharitiesSORP(FRS102)'AccountingandReportingbyCharities: Statement ofRecommendedPracticeapplicabletocharitiespreparingtheiraccountsinaccordancewiththe Financial ReportingStandardapplicablein the UK and Republicof Ireland(FRS 102) (effective1 January2019)', Financial ReportingStandard102 'The FinancialReportingStandardapplicablein the UK and Republicof Ireland'and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. ``` ``` The trusteeshave confidencethatthe charityhas adequateresourcesto continuein operationalexistence for the foreseeablefuture.Thusthe charitycontinuesto adoptthe goingconcernbasisin preparingthe financial statements. The financial statements are prepared in sterling, which is the functional currency of the charity. ``` ``` The charityis a private companylimited by guaranteeand has no share capital.The liabilityof each member in the event of winding up is £10. ``` ``` The country of incorporation and the registered office address are both detailed in the Report of the Trustees. ``` ## **`Income`** ``` All incomeis recognisedin the Statementof FinancialActivitiesoncethe charityhasentitlementto the funds, it is probable that the income will be received and the amount can be measured reliably. ``` ## **`Expenditure`** ``` Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructiveobligationcommitting the charitytothatexpenditure,itisprobablethatatransferofeconomicbenefitswillberequiredin settlement andtheamountof theobligationcanbe measuredreliably.Expenditureis accountedforonanaccruals basis andhas been classifiedunderheadingsthataggregateall costrelatedto the category.Wherecostscannot be directlyattributedtoparticularheadingstheyhavebeenallocatedtoactivitiesonabasisconsistentwith the use of resources. ``` ## **`Raising funds`** ``` Raising funds comprise of the costs associated with attracting voluntary income. ``` ## **`Tangible fixed assets`** ``` Depreciationis providedat the followingannualrates in orderto write off each asset over its estimated useful life. ``` ``` Long leasehold ``` ``` - Over 99 years ``` ## **`Taxation`** ``` The charity is exempt from corporation tax on its charitable activities. ``` ## **`Fund accounting`** ``` Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. ``` ``` Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsofthe charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. ``` ``` Furtherexplanationofthenatureandpurposeofeachfundisincludedinthenotestothe financial statements. ``` ``` continued... ``` ``` -9- ``` ``` SUDBURY GASWORKS RESTORATION TRUST LTD ``` ## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 28 FEBRUARY 2022`** ## **`1. ACCOUNTING POLICIES - continued`** ## **`Pension costs and other post-retirement benefits`** ``` Thecharitablecompanyoperatesadefinedcontributionpensionscheme.Contributionspayableto the charitablecompany'spensionschemearechargedtotheStatementofFinancialActivitiesintheperiod to which they relate. ``` ## **`2. DONATIONS AND LEGACIES`** |`Donations`
`Grants`
`Grants received, included in the above, are as follows:`
`Garfield Weston Grant`
`Pilgrims Trust`
`Co-op Grant`
`Lottery Community Grant`
`AFIAC`
`Heritage Compass`
`Heritage Fund`
`Other grants`
**`3.`**
**`OTHER TRADING ACTIVITIES`**
`Fundraising events`
**`4.`**
**`INVESTMENT INCOME`**
`Deposit account interest`|`2022`
`£`
`1,763`
`84,799`
`86,562`
`2022`
`£`
`-`
`-`
`10,000`
`9,985`
`6,472`
`2,500`
`54,842`
`1,000`
`84,799`
`2022`
`£`
`8,051`
`2022`
`£`
`5,864`|`2021`
`£`
`-`
`97,798`| |---|---|---| |||`97,798`| |||`2021`
`£`
`30,001`
`7,191`
`-`
`-`
`-`
`-`
`60,606`
`-`| |||`97,798`| |||`2021`
`£`
`6,878`
`2021`
`£`
`-`| ``` continued... ``` ``` -10- ``` ``` SUDBURY GASWORKS RESTORATION TRUST LTD ``` ## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 28 FEBRUARY 2022`** ## **`5. NET INCOME/(EXPENDITURE)`** ``` Net income/(expenditure) is stated after charging/(crediting): ``` ||`2022`|`2021`| |---|---|---| ||`£`|`£`| |`Depreciation - owned assets`|`1,170`|`682`| ## **`6. TRUSTEES' REMUNERATION AND BENEFITS`** ``` Therewere no trustees'remunerationor otherbenefitsforthe yearended28 February2022norforthe year ended 28 February 2021. ``` ## **`Trustees' expenses`** ``` Therewerenotrustees'expensespaidfortheyearended28February2022norfortheyear ended 28 February 2021. ``` ## **`7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`** |`Unrestricted`
`fund`
`£`
**`Income and endowments from`**
`Donations and legacies`
`-`
`Other trading activities`
`6,878`
**`Total`**
`6,878`
**`Expenditure on`**
`Raising funds`
`984`
**`Charitable activities`**
`Charitable`
`6,115`
**`Total`**
`7,099`
**`NET INCOME/(EXPENDITURE)`**
`(221)`
**`Reconciliation of funds`**
**`Total funds brought forward`**
`8,955`
**`Total funds carried forward`**
`8,734`|`Restricted`
`fund`
`£`
`97,798`
`-`
`97,798`
`-`
`682`
`682`
`97,116`
`67`
`97,183`|`Total`
`funds`
`£`
`97,798`
`6,878`| |---|---|---| |||`104,676`
`984`
`6,797`| |||`7,781`| |||`96,895`
`9,022`| |||`105,917`| ``` continued... ``` ``` -11- ``` ``` SUDBURY GASWORKS RESTORATION TRUST LTD ``` ## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 28 FEBRUARY 2022`** ## **`8. AVERAGE NUMBER OF EMPLOYEES`** ``` The average number of employees in the year was 2 (2020 nil). ``` ## **`9. TANGIBLE FIXED ASSETS`** |**`COST`**
`At 1 March 2021`
`Additions`
`At 28 February 2022`
**`DEPRECIATION`**
`At 1 March 2021`
`Charge for year`
`At 28 February 2022`
**`NET BOOK VALUE`**
`At 28 February 2022`
`At 28 February 2021`|`Long`
`leasehold`
`£`
`67,542`
`34,875`
`102,417`
`682`
`1,038`
`1,720`
`100,697`
`66,860`|`Plant and`
`machinery`
`£`
`-`
`287`
`287`
`-`
`72`
`72`
`215`
`-`|`Computer`
`equipment`
`£`
`-`
`239`
`239`
`-`
`60`
`60`
`179`
`-`|`Totals`
`£`
`67,542`
`35,401`| |---|---|---|---|---| |||||`102,943`| |||||`682`
`1,170`| |||||`1,852`| |||||`101,091`| |||||`66,860`| ``` TheleaseholdadditionsrepresentworkcarriedouttotheSudburyGasworkswhichisownedbythe Sudbury Estate. ``` ## **`10. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`** |`Other debtors`
`VAT`|`2022`
`£`
`-`
`4,066`
`4,066`|`2021`
`£`
`117`
`3,682`| |---|---|---| |||`3,799`| ``` continued... ``` ``` -12- ``` ``` SUDBURY GASWORKS RESTORATION TRUST LTD ``` ## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 28 FEBRUARY 2022`** ## **`11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`** |`Trade creditors`
`Social security and other taxes`
`Other creditors`
`Accruals and deferred income`
**`12.`**
**`CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR`**
`Bank loans (see note 13)`
**`13.`**
**`LOANS`**
`An analysis of the maturity of loans is given below:`
`Amounts falling due between two and five years:`
`Bank loans - 2-5 years`
**`14.`**
**`ANALYSIS OF NET ASSETS BETWEEN FUNDS`**
`Unrestricted`
`Restricted`
`fund`
`fund`
`£`
`£`
`Fixed assets`
`394`
`100,697`
`Current assets`
`66,569`
`50,118`
`Current liabilities`
`(6,685)`
`-`
`Long term liabilities`
`(46,202)`
`-`
`14,076`
`150,815`|`2022`
`£`
`4,098`
`388`
`199`
`2,000`
`6,685`
`2022`
`£`
`46,202`
`2022`
`£`
`46,202`
`2022`
`Total`
`funds`
`£`
`101,091`
`116,687`
`(6,685)`
`(46,202)`
`164,891`|| |---|---|---| ``` continued... ``` ``` -13- ``` ``` SUDBURY GASWORKS RESTORATION TRUST LTD ``` ## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 28 FEBRUARY 2022`** ## **`15. MOVEMENT IN FUNDS`** |**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`Restricted`
**`TOTAL FUNDS`**
`Net movement in funds, included in the above are as follows:`
**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`Restricted`
**`TOTAL FUNDS`**
**`Comparatives for movement in funds`**
**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`Restricted`
**`TOTAL FUNDS`**|`At 1.3.21`
`£`
`8,734`
`97,183`
`105,917`
`Incoming`
`resources`
`£`
`15,678`
`84,799`
`100,477`
`At 1.3.20`
`£`
`8,955`
`67`
`9,022`|`Net`
`movement`
`At`
`in funds`
`28.2.22`
`£`
`£`
`5,342`
`14,076`
`53,632`
`150,815`
`58,974`
`164,891`
`Resources`
`Movement`
`expended`
`in funds`
`£`
`£`
`(10,336)`
`5,342`
`(31,167)`
`53,632`
`(41,503)`
`58,974`
`Net`
`movement`
`At`
`in funds`
`28.2.21`
`£`
`£`
`(221)`
`8,734`
`97,116`
`97,183`
`96,895`
`105,917`| |---|---|---| ``` continued... ``` ``` -14- ``` ``` SUDBURY GASWORKS RESTORATION TRUST LTD ``` ## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 28 FEBRUARY 2022`** ## **`15. MOVEMENT IN FUNDS - continued`** ``` Comparative net movement in funds, included in the above are as follows: ``` |**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`Restricted`
**`TOTAL FUNDS`**|`Incoming`
`resources`
`£`
`6,878`
`97,798`
`104,676`|`Resources`
`Movement`
`expended`
`in funds`
`£`
`£`
`(7,099)`
`(221)`
`(682)`
`97,116`
`(7,781)`
`96,895`| |---|---|---| ## **`16. RELATED PARTY DISCLOSURES`** ``` There were no related party transactions for the year ended 28 February 2022. ``` ## **`17. INDEPENDENT EXAMINERS' REMUNERATION`** ``` TotalamountspayabletotheIndependentExaminerfortheexaminationoftheaccountswas£2,000 (2021 £1,000). ``` ``` -15- ``` ``` SUDBURY GASWORKS RESTORATION TRUST LTD ``` ## **`DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 28 FEBRUARY 2022`** |**`Income and endowments`**
**`Donations and legacies`**
`Donations`
`Grants`
**`Other trading activities`**
`Fundraising events`
**`Investment income`**
`Deposit account interest`
**`Total incoming resources`**
**`Expenditure`**
**`Raising donations and legacies`**
`Fundraising expenditure`
**`Other trading activities`**
`Room hire`
`Subcontractors`
**`Charitable activities`**
`Wages`
`Social security`
`Pensions`
`Insurance`
`Postage and stationery`
`Sundries`
`Accounting`
`Subscriptions`
`Bank charges`
`Legal & Professional`
`Irrecoverable VAT`
`Website costs`|`2022`
`£`
`1,763`
`84,799`
`86,562`
`8,051`
`5,864`
`100,477`
`3,993`
`10`
`8,235`
`8,245`
`19,799`
`31`
`455`
`946`
`132`
`709`
`1,800`
`841`
`129`
`13`
`511`
`663`
`26,029`|`2021`
`£`
`-`
`97,798`| |---|---|---| |||`97,798`
`6,878`
`-`| |||`104,676`
`822`
`80`
`82`| |||`162`
`1,415`
`-`
`-`
`151`
`43`
`209`
`1,200`
`194`
`80`
`2,823`
`-`
`-`| |||`6,115`| ## **`Support costs`** ``` This page does not form part of the statutory financial statements ``` ``` -16- ``` ``` SUDBURY GASWORKS RESTORATION TRUST LTD ``` ## **`DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 28 FEBRUARY 2022`** |**`Support costs`**
**`Management`**
`Long leasehold`
`Plant and machinery`
`Computer equipment`
**`Governance costs`**
`Loan`
`Total resources expended`
**`Net income`**|`2022`
`£`
`1,038`
`72`
`60`
`1,170`
`2,066`
`41,503`
`58,974`|`2021`
`£`
`682`
`-`
`-`| |---|---|---| |||`682`
`-`| |||`7,781`| |||`96,895`| ``` This page does not form part of the statutory financial statements ``` ``` -17- ```