##
##
##
##
|||Page|
|---|---|---|
|Reference and administrative
details ofthe charity, its trustees|and advisors||
|Trustees'
report||2-7|
|Independent
examiners'
report to the trustees|||
|Statement
offinancial activities|||
|Balance sheet||10|
|Notes to the financial statements||11-23|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||Funds|Funds|Funds|Funds|
||||2021|2021|2021|2020|
|||Note|8|||5|
|INCOME FROM:|||||||
|Donations
and legacies|||28,791|46,511|75,302|222,591|
|Charitable
activities|||25,307||25,307|274|
|Investments|||79,581||79,581|36,098|
|Other income|||284,778||284,778|13,934|
|TOTAL INCOME|||418,457|46,511|464,968|272,897|
|EXPENDITURE ON:|||||||
|Raising funds|||3,612|4,375|7,987|1,940|
|Charitable
activities||7|243,919|130,473|374,392|273,897|
|TOTAL EXPENDITURE|||247,531|134,848|382,379|275,837|
|Net Gains/(losses)|on investments||(152)||(152)|(3,183)|
|NET INCOME/(EXPENDITURE)|||170,774|88,337|82,437|6,123)|
|NET MOVEMENT|IN FUNDS||170,774|(88,337)|82,437|6,123)|
|RECONCILIATION|OF FUNDS||||||
|Total funds brought|forward||726,609|1,079,407|1,806,016|1,812,139|
|TOTAL FUNDS CARRIED FORWARD|||897,383|991,070|1,888,453|1,806,016|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|INCOME FROM|DONATIONS
AND|DONATIONS
AND|LEGACIES||||
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||Funds|Funds|Funds|Funds|
||||2021|2021|2021|2020|
||||6|E|E|E|
|Donations|||527||527|3,420|
|Grants|||28,264|46,511|74,775|219,171|
||||28,791|46,511|75,302|222,591|
|Total 2020|||55,351|167,240|222 591||
|During the year grants were received|||from the following:||||
||||Unrestricted|Restricted|Total||
||||Funds|Funds|Funds||
||||2021|2021|2021||
||||F.||K||
|National
Heritage
fund||Lottery fund - Culture Recovery||7,464|7,464||
|Historic England|-|Heritage at risk||6,250|6,250||
|National
Heritage
fund 2|Lottery fund - Culture Recovery|||25,300|25,300||
|Ashley Foundation||||7,497|7,497||
|Herefordshire
County Council|||16,000||16,000||
|HMRC Employment||Allowance|4,000||4,000||
|HMRC Furlough|scheme||8,264||8,264||
||||28,264|46,511|74,775||
##
##
|4|INCOME|FROM CH|ARITABLE ACTIVITIES|||||
|---|---|---|---|---|---|---|---|
||||||Unrestricted|Total|Total|
||||||Funds|Funds|Funds|
||||||2021|2021|2020|
||Concerts,|exhibition,|course and education||25,307|25,307|274|
||||||25,307|25,307|274|
||TOTAL 2020||||274|274||
|5|INVESTMENT INCOME|||||||
||||||Unrestricted|Total|Total|
||||||Funds|Funds|Funds|
||||||2021|2021|2020|
||||||6|6|6|
||Rental income||||78,321|78,321|34,717|
||Bank interest||||1,260|1,260|1,381|
||||||79,581|79,581|36,098|
||TOTAL 2020||||36,098|36,098||
|6|OTHER INCOME|||||||
||||||Unrestricted|Total|Total|
||||||Funds|Funds|Funds|
||||||2021|2021|2020|
|||||||6|6|
||Copyright|income|||19,532|19,532|11,653|
||Otherincorne||||265,246|265,246|2,281|
||||||284,778|284,778|13,934|
||TOTAL 2020||||13,934|13,934||
|7|ANALYSIS OF EXPENDITURE BYACTIVITIES|||||||
|||||Activities||||
|||||Undertaken|Support|Total|Total|
|||||Directly|Costs|Funds|Funds|
|||||2021|2021|2021|2020|
|||||F.|6|E||
||Charitable|activities||330,551|43,841|374,392|273,897|
|||||330,551|43,841|374,392|273,897|
||TOTAL 2020|||232,262|41,635|273,897||
##
##
##
##
##
|Analysis of|direct costs|||
|---|---|---|---|
|||Total|Total|
|||Funds|Funds|
|||2021|2020|
|||E||
|Staffcosts
Depreciation
Archivist
Rates
Webhost and software
Professional
fees||127,542
13,453
8,409
5,271
9,472
54,600|120,151
8,586
12,739
8,420
2,605
36,105|
|Framing||5,551|826|
|Printing
and printmaking||18'|246|
|Exhibitions||7,539|490|
|Events costs||4,560|21|
|Insurance
Repairs and|renewals|10,863
3,304|9,475
2,266|
|Maintenance||56,186|17,804|
|Equipment
and matedals
Sale of prints||5,952
963|6,749|
|Recruitment|||665|
|Consultancy
Purchases||15,905
455|4,614|
|Conservation||488|500|
|||330,551|232,262|
##
##
##
||Analysis of|sup|port co|sts|||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||Total|Total|
||||||||||Funds|Funds|
||||||||||2021|2020|
||||||||||6|8|
||Support costs||||||||||
||Electric and|utilities|||||||13,454|11,034|
||Postage and|stationery|||||||1,126|1,128|
||Independent|examiners||and accountancy|||fees||2,940|2,275|
||Telephone||||||||5,597|4,175|
||Bank charges||||||||322|25|
||Health and safety||||||||4,967|962|
||Travel and subsistence||||||||1,009|2,778|
||Marketing||||||||3,955|2,377|
||Subscriptions||||||||2,144|2,299|
||Sundry expenses||||||||1,699|1,422|
||Trustees expenses||||||||2,646|2,838|
||Other staff costs||||||||3,982|2,205|
||(Profit)/Loss|on disposal||||||||1,373|
||Education|||||||||6,744|
||||||||||43,841|41,635|
|8|INDEPENDENT||EXAMINER'S REMUNERATION||||||||
||||||||||2021|2020|
||||||||||k||
||Fees payable to||the Trust's independent|||examiner||in respect of:|||
||Independent|Examination|||||||1,500|1,440|
|9|STAFF COSTS||||||||||
||||||||||2021|2020|
||||||||||R|8|
||Wages and salaries||||||||115,092|107,991|
||Social Security costs||||||||10,244|9,272|
||Contribution|to defined contribution|||pension schemes||||2,206|2,888|
||||||||||127,542|120,151|
||The average|number of||persons employed|||by the|Trust during the year was as follows:|||
||||||||||2021|2020|
||||||||||No|No|
||Employees||||||||5|5|
##
##
##
##
##
##
##
|COMPARATIVE
STATEMENT OF FINANC|IAL ACTIVITY FIGU|RES|||
|---|---|---|---|---|
||Unrestricted|Restricted|Total|Total|
||Funds|Funds|Funds|Funds|
||2020|2020|2020|2019|
||8|8|8||
|INCOME FROM:|||||
|Donations
and legacies
Charitable
activities
Investments
Other income|55,351
274
36,098
13,934|167,240|222,591
274
36,098
13,934|37,505
13,744
2,952
47,185|
|TOTAL INCOME|105,657|167,240|272,897|101,386|
|EXPENDITURE ON:|||||
|Raising funds|1,940||1,940||
|Charitable
activities|134,014|139,883|273,897|229,358|
|TOTAL EXPENDITURE|135954|139,883|275 837|229,358|
|Net Gains/(losses)
on investments|(3,183)||(3,183)|6,497|
|NET INCOME/(EXPENDITURE)|33,480)|27,357|(6,123|(121,475|
|Transfers
between
funds|(1,000)|1,000|||
|NET MOVEMENT
IN FUNDS|34,480)|28,357|6,123)|121,475)|
|RECONCILIATION
OF FUNDS|||||
|Total funds brought
forward|761,089|1,051,050|1,812,139|1,933,614|
|TOTAL FUNDS CARRIED FORWARD|726,609|1,079,407|1,806,016|1,812,139|
##
||||Freehold|Plant and|Fixtures||||
|---|---|---|---|---|---|---|---|---|
||||property
8|machinery
8|and fittings
E|Paintings||Totalf|
|COST OR VALUATION|||||||||
|At 1 January2021|||550,000|332,630|1,138|||883,769|
|Additions||||1,972||||1,972|
|Disposals|||(74,625)|||||(74,625)|
|At 31 December|2021||475,375|334,602|1,138||1|811,116|
|DEPRECIATION|||||||||
|At 1 January 2021|||188,000|59,809|342|||248,151|
|Charge for the year|||7,278|6,061|114|||13,453|
|Disposals|||(7,462)|||||(7,462)|
|At 31 December|2021||187,816|65,870|456|||254,142|
|NET BOOK VALUE|||||||||
|At 31 December|2021||287,559|268,732|682||1|556,974|
|At 31 December|2020||362,000|272,821|796||1|635618|
|HERITAGE ASSETS|||||||||
|Assets recognised||at valuation|||||||
##
|||||||Rodd Court||
|---|---|---|---|---|---|---|---|
|||||||&Orchard||
|||||||Cottage|Total|
|||||||2021|2021|
|||||||8|8|
|Carrying|value|at|1|January|2021|975,000|975,000|
|||||||975,000|975,000|
##
##
|||||||||Unlisted|
|---|---|---|---|---|---|---|---|---|
|||||||||Investments|
|||||||||6|
||COST OR VALUATION||||||||
||At 1 January 2021|||||||56,307|
||Revaluations|||||||(152)|
||At 31 December 2021|||||||56,155|
||NET BOOK VALUE||||||||
||At 31 December 2021|||||||56,155|
||At 31 December 2020|||||||66367|
||All the fixed asset investments||are unlisted|investments|and are held|in the UK.|||
|14|DEBTORS||||||||
||||||||2021|2020|
||||||||6|E|
||DUE WITH ONE YEAR||||||||
||Prepayments
and accrued income||||||12,710|5,616|
||||||||12,710|5,616|
|15|CREDITORS: AMOUNTS FALLING DUE|||WITH ONE|YEAR||||
||||||||2021|2020|
||||||||6|8|
||Trade Creditors||||||4,496||
||Other taxation and social security||||||2,692|1,781|
||Pension
fund loan payable||||||1,750|279|
||Other creditors|||||||3,000|
||Accruals and deferred|income|||||18,287|15,683|
||||||||27,225|20,743|
##
##
##
##
##
|MOVEMENT|IN FUND|S - CURRENT|YEAR|||||
|---|---|---|---|---|---|---|---|
|||Balance at|||||Balance at|
|||1 January|Incoming|Outgoing|Transfers|Gains/|31 December|
|||2021|resources|resources|in/Out|(Losses)|2021|
|||6|6|6|6|6|6|
|Restricted funds||||||||
|Sculpture
programme||12,392||(5,012)|||7,380|
|Rodd Court 6|Orchard|||||||
|Cottage||975,000|||||975,000|
|Hidden Gems||3,201|||||3,201|
|NHLF Cultural
Recovery fund|2||25,300|(25,300)||||
|Elephant
Trust||2,000||(2,000)||||
|Ashley Foundation-
Cultivate|||7,497|(3,607)|||3,890|
|NHLF Cultural
Recovery fund||65,064|7,464|(72,528)||||
|Historic England
Heritage at Risk||18,750|6,250|(24,401)|||599|
|My place||2,000||(2,000)||||
|Learning
programme||1,000|||||1,000|
|||1,079,407|46,511|134,848|||991,070|
|Unrestricted|funds|||||||
|General funds||726,609|418,457|(247,531)||(152)|897,383|
|||726,609|418,457|247,531||(152)|897,383|
|Totalfunds||1,806,016|464,968|382,379||(152|1,888,453|
##
##
##
##
|MOVEMENT
IN FUNDS|- PRIOR YEAR|- PRIOR YEAR|||||
|---|---|---|---|---|---|---|
||Balance at|||||Balance at|
||1January|Incoming|Outgoing|Transfers|Gains/|31 December|
||2020|resources|resources|in/Out|(Losses)|2020|
||E|E|6|E|6||
|Restricted funds|||||||
|Sculpture
programme
AHF/NLHF|12,392
59,713||(59,713)|||12,392|
|Rodd Court 8 Orchard|||||||
|Cottage|975,000|||||975,000|
|Hidden Gems
NHLF - Heritage|3,945|6,000|(6,744)|||3,201|
|Emergency
Fund||50,000|(50,000)||||
|Elephant Trust
Art Council-||2,000||||2,000|
|Emergency
fund||20,000|(20,000)||||
|NHLF Cultural|||||||
|Recoveryfund||68,490|(3,426)|||65,064|
|Historic England|||||||
|Heritage at Risk||18,750||||18,750|
|My place||2,000||||2,000|
|Learning
programme||||1,000||1,000|
||1,051,050|167,240|(139,883|1,000||1,079,407|
|Unrestricted
funds|||||||
|General funds|761,089|105,657|(135,954)|(1,000)|(3,183)|726,609|
||761,089|105,657|(135,954)|(1,000)|(3,183)|726,609|
|Totalfunds|1,812,139|272,897|275,837||3 183|1,806,016|
##
##
##
##
##
##
||Unrestricted|Restricted|Total|
|---|---|---|---|
||Funds|funds|Funds|
||2021|2021|2021|
||E|E|Z|
|Tangible fixed assets|624,455|11,163|635,618|
|Fixed asset investments|56,307||56,307|
|Heritage assets||975,000|975,000|
|Current assets|66,590|93,244|159,834|
|Creditors due with one year|(20,743)||(20,743)|
|TOTAL|726,609|1,079,407|1,806,016|
|ANALYSIS OF NET ASSETSBETWEEN FUNDS - PRIOR YEAR||||
||Unrestricted|Restricted|Total|
||Funds|funds|Funds|
||2020|2020|2020|
||E|E|6|
|Tangible fixed assets|624,455|11,163|635,618|
|Fixed asset investments|56,307||56,307|
|Heritage assets||975,000|975,000|
|Current assets|66,590|93,244|159,834|
|Creditors due with one year|(20,743)||(20,743)|
|TOTAL|726,609|1,079,407|1,806,016|
##