2022-02-28-accounts - West Horsley Place Trust

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

	`Page`
`Trustees’andcharityinformation`	`3`
`Trustees’report`	`4`
`Independentauditors’report`	`15`
`Consolidatedstatementoffinancialactivities`	`19`
`Balancesheets`	`20`
`Consolidatedstatementofcashflows`	`21`
`Notestothefinancialstatements`	`22`

`Trustees`	`AdrianLajtha`	`(ChairofTrustees)`
	`AnnFinlayson`	`(retired10November2021)`
	`AmandadeHaast`
	`BamberGascoigne`	`(deceased8 February2022)`
	`AngelaKidner`
	`GilesReid`
	`PatrickRoberts`	`(Treasurer)`
	`MarilynScott`
	`RebeccaStovell`	`(appointed2 October2022)`
`Executivedirector`	`PeterPearce(retired31May2021)`
	`Ben` `Pearce` `(from`	`14` `September`	`2021,`	`retired`	`30`
	`September2022)`
	`IlonaHarris(from1`	`November2022)`
`Companysecretary`	`CatherineMcCallum`
`Registeredaddress`	`WestHorsleyPlace`
	`EpsomRoad`
	`WestHorsley`
	`Leatherhead`
	`Surrey`
	`KT246AN`
`Charitynumber`	`1164840(registered`	`inEnglandandWales)`
`Companynumber`	`09795744(incorporatedinEnglandand`		`Wales)`
`Independentauditors`	`SafferyChampness`	`LLP`
	`71QueenVictoriaStreet`
	`London`
	`EC4V4BE`
`Bankers`	`CAFBankLimited`
	`25KingsHillAvenue`
	`KingsHill,WestMalling`
	`Kent`
	`ME194JQ`
`Solicitors`	`StoneKingLLP`
	`BoundaryHouse`
	`91CharterhouseStreet`
	`London`
	`EC1IM6HR`
`Investmentmanagers`	`Sarasin& PartnersLLP`
	`JuxonHouse,100StPaul’sChurchyard`
	`London`
	`EC4M8BU`

		`Unrestricted`	`Restricted`	`Endowment`	`Total`		`Total`
		`Funds`	`Funds`	`Funds`	`Funds`		`Funds`
		`2022`	`2022`	`2022`	`2022`		`2021`
							`Asrestated`
	`Note`	`£`	`£`	`£`	`£`		`-£`
`Incomeand`
`endowmentsfrom:`
`Donationsandlegacies`	`2`	`116,645`	`3,350`	`-`	`119,995`		`60,034`
`Charitableactivities`	`3`	`195,870`	`-`	`-`	`195,870`		`151,955`
`Tradingactivities`	`4`	`390,757`	`-`	`-`	`390,757`		`222,198`
`Investmentincome`	`5`	`30,457`	`-`	`-`	`30,457`		`72,680`
`Otherincome`	`6`	`127,986`	`-`	`3,800`	`131,786`		`68,640`
`Totalincome`		`861,715`	`3,350`	`3,800`	`868,865`		`575,507`
`Expenditureon:`
`Raisingfunds`		`123,235`	`-`	`33`	`123,268`		`161,512`
`Charitableactivities`		`855,210`	`1,680`	`965`	`857,855`		`435,031`
`Totalexpenditure`	`7`	`978,445`	`1,680`	`998`	`981,123`		`596,543`
`Netgainson` `.` `investments`	`11`	`-`	`-`	`36,595`	`36,595`		`136,078`
`a` `investmentproperties`	`11`	`.`	`.`	`825,757`	`825,757`			`.`
`Netincome/(expenditure)`		`(116,730)`	`1,670`	`865,154`	`750,094`		`115,042`
`Transfersbetweenfunds`		`309,550`	`-`	`(309,550)`		`-`		`-`
`Netmovementinfunds`		`192,820`	`1,670`	`555,604`	`750,094`		`115,042`
`Reconciliationoffunds:`
`FundsBrough:forwarda` `previouslyreported`		`408,018`	`‘`	`14,024,352`	`14,432,370`		`14,442,780`
`Restatement`	`21`	`125,452`	`-`	`-`	`125,452`			`-`
`FuriesbrodghtTaniverd95` `restated`		`533,470`	`-`	`14,024,352`	`14,557,822`		`14,442,780`
`i` `Fundscarrieg` `forward`	`14,15`	`726,290`	`1,670`	`14,579,956`	`15,307,916`		`14,557,822`

				`2021asrestated`	`2021asrestated`
		`Group`	`Charity`	`Group`	`Charity`
	`Note`	`£`	`£`	`£`	`£`
`Fixedassets`
`Tangiblefixedassets`	`9`	`1,146,290`	`1,146,290`	`534,435`	`534,435`
`Heritageassets`	`10`	`6,875,932`	`6,875,932`	`6,818,390`	`6,818,390`
`Investments`	`11`	`7,145,839`	`7,145,840`	`6,936,633`	`6,936,634`
		`15,168,061`	`15,168,062`	`14,289,458`	`14,289,459`
`Currentassets`
`Debtors`	`12`	`154,775`	`259,760`	`130,491`	`222,300`
`Cashatbankandinhand`		`251,743`	`83,431`	`406,964`	`204,910`
		`406,518`	`343,191`	`537,455`	`427,210`
`Currentliabilities`
`Creditors:amountsfallingdue`
`withinoneyear`	`13`	`(266,663)`	`(187,702)`	`(269,091)`	`(177,823)`
`Netcurrentassets`		`139,855`	`155,489`	`268,364`	`249,387`
`Creditors:amountsfallingdue`
`aftermorethanoneyear`		`-`	`-`	`-`	`-`
`Totalnetassets`		`15,307,916`	`15,323,551`	`14,557,822`	`14,538,846`
`Thefundsofthecharity:`	`14`
`Endowmentfund`		`14,579,956`	`14,579,956`	`14,024,352`	`14,024,352`
`Restrictedfund`		`1,670`	`1,670`	`-`	`-`
`Unrestrictedfund`		`726,290`	`741,925`	`533,470`	`514,494`
`Totalcharityfunds`	`15`	`15,307,916`	`15,323,551`	`14,557,822`	`14,538,846`

				`2021asrestated`
				`£`
`Cashflowsfromoperatingactivities`
`(seebelow)`		`(126,667)`		`359,674`
`Cashflowsfrominvesting`
`activities` `Dividends,interestandrentalincome` `Purchaseoftangiblefixedassets`	`30,457` `(93,541)`		`72,680` `(209,280)`
`Purchaseofheritageassets`	`(72,417)`		`(1,478,196)`
`Proceedsfromdisposalofinvestments`	`100,000`		`1,244,942`
		`(35,501)`		`(369,854)`
`Cashflowsfromfinancingactivities`
`Cashendowmentreceipt`		`3,800`		`13,765`
`Changeincashandcashequivalents`		`(158,368)`		`3,585`
`Cashandcashequivalentsat1 March`		`419,354`		`415,769`
`Cashandcashequivalents`
`at28February`		`260,986`		`419,354`
			`2022`	`2021as`
				`restated`
				`£`
`Reconciliationofnetincometocashflow`
`fromoperatingactivities:`
`Netincome`			`750,094`	`(115,042)`
`Adjustmentsfor:` `Depreciation` `Lossondisposaloffixedassets` `Impairmentofheritageassets` `Dividends,interestandrentalincome` `(Gains)/lossesoninvestments` `(Increase)/decreaseindebtors`			`31,686` `14,875` `(30,457)` `(862,352)` `(24,284)`	`11,434` `23,413` `13,073` `(72,680)` `(136,078)` `663,195`
`Increase/(decrease)increditors` `Endowmentreceipt`			`(2,429)` `(3,800)`	`(243,960)` `(13,765)`
			`(126,667)`	`359,674`

`Raisingfunds` `.`	`7%(2021:7%)`
`Maintenanceoftheestate`	`89%(2021:89%)`
`Promotionoftheperformingarts`	`4%(2021:4%)`

`Depreciation` `isprovidedtowriteoffthecost`	`ofallrelevanttangiblefixedassetslessestimated`	`ofallrelevanttangiblefixedassetslessestimated`
`residualvalueinequalinstalmentsovertheirexpectedusefuleconomiclivesasfollows:`
`Propertyimprovements(whencomplete)`	`Over25yearsona Straightlinebasis`
`Woodland`	`Notdepreciated`
`Plant& machinery`	`Over5 yearsona`	`straightlinebasis`
`Motorvehicles`	`Over5 yearsona`	`straightlinebasis`
`Fixtures,fittings,computerequipment`	`Over5 yearsona`	`straightlinebasis`
`Woodlandisnotdepreciatedastheamountincludedisbasedonthe`		`landvaluewhichhasaninfinite`
`usefullife.`

	`Unrestricted`	`Unrestricted`	`Restricted`	`Endowment`	`Total`	`Total`
		`Funds`	`Funds`	`Funds`	`Funds`	`Funds`
		`2022`	`2022`	`2022`	`2022`	`2021`
		`£`	`£`	`£`	`£`	`£`
	`Cashdonations`	`4,344`	`3,350`	`-`	`7,694`	`60,034`
	`Grantincome`	`112,301`	`-`	`-`	`112,301`	`-`
		`116,645`	`3,350`	`-`	`119,995`	`60,034`
			`Unrestricted`	`Restricted` `Endowment`		`Total`
			`Funds`	`Funds`	`Funds`	`Funds`
			`2021`	`2021`	`2021`	`2021`
			`£`	`£`	`£`	`£`
	`Cashdonations`		`16,689`	`29,580`	`13,765`	`60,034`
			`16,689`	`29,580`	`13,765`	`60,034`
`3.`	`Incomefromcharitableactivities`
				`Totaland`		`Totaland`
				`unrestrictedfunds`	`unrestrictedfunds`
				`2022`		`2021`
				`£`		`£`
	`Rentsreceivable`			`148,051`		`151,907`
	`Otherincome`			`47,819`		`48`
				`195,870`		`151,955`
`4.`	`Incomefromtrading`	`activities`
				`Total`	`and`	`Totaland`
				`unrestrictedfunds`		`unrestrictedfunds`
				`2022`		`2021`
					`£`	`£`
	`Filmingincome`			`248,485`		`220,781`
	`Othertradingincome`			`142,272`		`1,417`
				`390,757`		`222,198`

`5.`	`Investmentincome`
		`Totaland`	`Totaland`
		`unrestrictedfunds`	`unrestrictedfunds`
		`2022`	`2021`
		`£`	`£`
	`Dividendincome`	`30,457`	`72,389`
	`Interestincome`	`-`	`291`
		`30,457`	`72,680`
`6.`	`Otherincome`

`Otherincome`
				`Totaland`
	`Unrestricted`	`Endowment`	`Total`	`unrestricted`
	`Funds`	`Funds`	`funds`	`funds`
	`2022`	`2022`	`2022`	`2021`
	`£`	`£`	`£`	`£`
`GPOcostcontribution`	`125,323`	`-`	`125,323`	`26,626`
`Governmentgrant`	`2,663`	`-`	`2,663`	`42,014`
`Gainonsaleofchattels`	`-`	`3,800`	`3,800`	`-`
	`127,986`	`3,800`	`131,786`	`68,640`

`Expenditure`
`Currentyear`	`Directcosts`	`Directstaff`	`\|`	`Supportand`	`Total`	`Total`
		`costs`		`governance`
				`costs(see`
				`below)`
	`2022`	`2022`		`2022`	`2022`	`2021`
						`restated`
	`£`	`£`		`£`	`£`	`£`
`Raisingfunds`	`32,385`	`67,048`		`23,835`	`123,268`	`161,512`
`Charitableactivities`
`Maintenanceoftheestate`	`386,179`	`127,863`		`284,231`	`798,273`	`382,338`
`Promotionoftheperforming`	`17,228`	`29,674`		`12,680`	`59,582`	`52,693`
`arts`
	`435,792`	`224,585`		`320,746`	`981,123`	`596,543`
`Comparativeyear`	`Directcosts`	`Directstaff`	`Supportand`		`Total`
		`costs`		`governance`
				`costs(see`
				`below)`
	`2021`	`2021`		`2021`	`2021`
	`restated`				`restated`
	`£`	`£`		`£`	`£`
`Raisingfunds`	`18,935`	`126,929`		`15,648`	`161,512`
`Charitableactivities`
`Maintenanceoftheestate`	`119,023`	`61,280`		`202,035`	`382,338`
`Promotionoftheperforming`	`12,415`	`30,018`		`10,260`	`52,693`
`arts`
	`140,373`	`218,227`		`227,943`	`596,543`

	`Supportcosts`
			`2022`		`2021`
			`£`		`£`
	`Staffcosts(note8)`		`59,880`		`34,167`
	`Legalandprofessionalfees`		`44,332`		`32,284`
	`Utilities`		`36,228`		`28,648`
	`Generalofficeandadministration`		`16,006`		`15,280`
	`ComputerandIT`		`9,951`		`16,750`
	`Insurance`		`52,071`		`44,901`
	`Othercosts`		`57,232`		`31,058`
	`Depreciation`		`31,686`		`11,435`
	`Governancecosts:`
	`Auditfees`	`9,050`		`8,100`
	`Accountancyandrelatedfees`	`4,310`		`5,320`
			`13,360`		`13,420`
			`320,746`		`227,943`
	`Disclosureofauditors’remuneration`
				`2022`	`2021`
				`£`	`£`
	`Auditfees`			`9,050`	`8,100`
	`Accountancy`			`4,310`	`5,320`
	`VATandtaxservices`			`11,112`	`12,675`
`8.`	`Staffcosts`
				`Group`	`Group`
				`2022`	`2021`
				`£`	`£`
	`Salariesandwages`			`249,598`	`221,057`
	`Socialsecuritycosts`			`23,620`	`21,385`
	`Pension`			`11,247`	`9,952`
				`284,465`	`252,394`

`9.`	`Tangiblefixed`	`assets`
`Groupand`	`charity`	`Property`	`Property`	`Woodland`	`Plant&`		`Motor`	`Fixtures,`	`Total`
		`improvements`	`improvements`		`machinery`		`Vehicles`	`fittings,`
		`(inprogress)`	`(complete)`					`computer`
								`equipment`
`Cost`		`£`	`£`	`£`	`£`		`£`	`£`	`£`
`At1 March`	`2021as`	`508,527`	`-`	`-`	`40,055`		`=12,408`	`4,709`	`565,699`
`restated`
`Additions`		`81,386`	`-`	`-`		`-`	`-`	`12,155`	`93,541`
`Disposals`		`-`	`-`	`-`		`-`	`-`	`-`		`-`
`Transfer`		`(587,043)`	`587,043`	`-`		`-`	`-`	`-`		`-`
`Reallocationfrom`		`-`	`130,000`	`420,000`		`:`	`:`	`-`	`550,000`
`investment`	`properties`
`At28February2022`		`2,870`	`717,043.`	`420,000`	`40,055`		`12,408`	`16,864`	`1,209,240`
`Depreciation`
`At1 March`	`2021`	`-`	`-`	`-`	`18,979`		`10,847`	`1,438`	`31,264`
`Chargefor`	`theperiod`	`-`	`21,692`	`-`	`6,046`		`1,561`	`2,387`	`31,686`
`At28February2022`		`-`	`21,692`	`-`	`25,025`		`12,408`	`3,825`	`62,950`
`Netbookvalue`
`At 28February2022`		`2,870`	`695,351`	`420,000`	`15,030`		`-`	`13,039`	`1,146,290`
`At28February2021`		`508,527`	`-`	`-`	`21,076`		`1,561`	`3,271`	`534,435`
`asrestated`

`Groupandcharity`	`Heritage`	`Chattels`	`Total`
	`property`
`Cost`	`£`	`£`	`£`
`At1 March2021`	`6,497,891`	`335,964`	`6,833,855`
`Additions`	`72,417`	`=`	`72,417`
`Disposals`	`-`	`-`	`-`
`At28February2022`	`6,570,308`	`335,964`	`6,906,272`
`Provisionforimpairment`
`At1 March2021`	`-`	`15,465`	`15,465`
`Chargeintheyear`	`-`	`14,875`	`14,875`
`At28February2022`	`-`	`30,340`	`30,340`
`NBV`
`At28February2022`	`6,570,308`	`305,624`	`6,875,932`
`At28February2021`	`6,497,891`	`320,499`	`6,818,390`

	`2022`	`2021`	`2020`	`2019`	`2018`
	`£`	`£`	`£`	`£`	`£`
`Broughtforward`	`6,833,855`	`5,355,659`	`3,312,951`	`2,506,064`	`2,542,864`
`Purchases`	`72,417`	`1,478,196`	`2,042,708`	`849,287`	`127,700`
`Donations`	`-`	`-`	`-`	`-`	`(66,400)`
`Disposals`	`-`	`-`	`-`	`(42,400)`	`(98,100)`
`Costcarried`	`6,906,272`	`6,833,855`	`5,355,659`	`3,312,951`	`2,506,064`
`forward`

`11.` `Investments`
`Currentyear`	`Investment`			`Other`	`GroupTotal`	`Investmentin`		`Charity`
	`properties`		`investments`			`subsidiary`		`Total`
`Valuation`	`£`			`£`	`£`		`£`	`£`
`At1 March2021`	`5,739,242`			`1,197,391`	`6,936,633`		`1`	`6,936,634`
`Additionsatcost`
`Disposals`	`-`			`(100,000)`	`(100,000)`		`-`	`(100,000)`
`Unrealisedgain/loss`	`825,757`			`36,595`	`862,352`		`-`	`862,352`
`Increaseincashheldby`	`-`			`(3,146)`	`(3,146)`		`-`	`(3,146)`
`investmentmanager`
`Reallocationtotangible` `fixedassets`	`(550,000)`			`-`	`(550,000)`		`-`	`(550,000)`
`At28February2022`	`6,014,999`			`1,130,840`	`7,145,839`		`1`	`7,145,840`
`Comparativeyear`	`Investment`			`Other`	`GroupTotal`	`Investment`	`in`	`Charity`
	`properties`		`investments`			`subsidiary`		`Total`
`Valuation`	`£`			`£`	`£`		`£`	`£`
`At1 March2020`	`5,739,242`			`2,295,266`	`8,034,508`		`1`	`8,034,509`
`Additionsatcost`
`Disposals`	`-`		`(1,244,942)`		`(1,244,942)`		`-`	`(1,244,942)`
`Unrealisedgain/loss`		`-`		`136,078`	`136,078`		`-`	`136,078`
`Increaseincashheldby`
`investmentmanager`		`-`		`10,989`	`10,989`		`-`	`10,989`
`At28February2021`	`5,739,242`			`1,197,391`	`6,936,633`		`1`	`6,936,634`
`Investmentproperties`
`InFebruary2022the`	`investmentproperties`			`werevalued`	`bySavills,resultinginthegain`		`in`	`valuationin`
`theyear.` `Allinvestmentproperties`		`are`	`intheUK.`
`Otherinvestments`
`TheinvestmentportfolioincludesmaterialholdingsinSarasinEndowmentsFundClassA`								`Inc`
`£1,121,595(2021:£1,185,000).Breakdown`				`ofotherinvestmentsatmarketvalue:`
						`2022`		`2021`
						`£`		`£`
`Collectiveinvestment`	`funds(UK)`				`1,121,595`		`1,185,000`
`Cash`						`9,245`		`12,394`
`Totalinvestmentsat`	`marketvalue`				`1,130,840`		`1,197,394`
`Historiccostofinvestments(excluding`			`cash)`		`961,684`		`1,043,230`

	`Thesummaryfinancialperformanceof`	`thesubsidiary`	`aloneis:`
	`Profitandloss`			`2022`	`2021`
				`£`	`£`
	`Turnover`			`369,533`	`222,264`
	`Costofsales`			`(132,000)`	`(74,000)`
	`Grossprofit`			`237,533`	`148,264`
	`Administrativeexpenses`			`(3,163)`	`(6,374)`
	`Profitfortheyear`			`234,370`	`141,890`
	`Gift aidpaymenttoWestHorsleyPlace`			`(268,977)`	`(200,000)`
	`Trust`
	`Balancesheet`
	`Calledupsharecapital`			`1`	`1`
	`Profitandlossreserve`			`(15,630)`	`18,977`
	`Totalreserves`			`(15,629)`	`18,978`
`12.`	`Debtors`
		`Group`	`Charity`	`Group`	`Charity`
		`2022`	`2022`	`2021`	`2021`
		`£`	`£`	`£`	`£`
	`Tradedebtors`	`29,941`	`965`	`3,274`	`3,273`
	`Otherdebtorsandprepayments`	`124,834`	`125,195`	`127,217`	`140,733`
	`Amountduefromsubsidiary`	`-`	`133,599`	`-`	`78,294`
		`154,775`	`259,760`	`130,491`	`222,300`
`13.`	`Creditors:amountsfallingduewithin`	`oneyear`
		`Group`	`Charity`	`Group`	`Charity`
		`2022`	`2022`	`2021`	`2021`
		`£`	`£`	`£`	`£`
	`Tradecreditors`	`41,292`	`41,701`	`56,009`	`56,009`
	`Othercreditorsandaccruals`	`225,371`	`146,001`	`213,082`	`121,814`
		`266,663`	`187,702`	`269,091`	`177,823`

`14.`	`Movementinfunds-`	`Movementinfunds-`	`group`
`14.1`	`Currentyear`
			`Balanceat`		`Income`		`Expenditure`		`Transfers`		`Balance`	`at`
			`1March`						`and`		`28February`
		`2021asrestated`							`gains/losses`		`2022`
									`On`
									`Investments`
			`£`			`£`	`£`		`£`			`£`
	`Endowmentfund`
	`WestHorsleyEstate`		`14,024,352`		`3,800`		`(998)`		`552,802`		`14,579,956`
	`Restrictedfund`
	`Otherrestrictedfunds`			`-`	`3,350`		`(1,680)`			`-`	`1,670`
	`Unrestrictedfund`
	`Generalfund`		`533,470`		`861,715`		`(978,445)`		`309,550`		`726,290`
			`14,557,822`		`868,865`		`(981,123)`		`862,352`		`15,307,916`
	`Theendowment`	`fund`	`wasestablishedonthedonation`				`oftheWestHorsleyEstatetothe`				`Charityfrom`
	`theExecutorsof`	`Mary,`	`DuchessofRoxburghe.`			`Thetrusteeshave`		`chosentomakea transferfromthe`
	`endowmentfund`	`totheunrestrictedfundtocoverthe`					`deficiton`	`netcurrentassets.`
	`Restrictedfunds`
	`ThePlaceFarm`	`Courtyardfund`		`relatestoamountsreceivedspecificallytowards` `the`							`improvement`
	`worksofthegarden.`		`Otherrestricted`		`funds`	`(noneofwhichareabove£5k)relate`				`to`	`anumberof`
	`smallotherprojects.`
`14.2`	`Prioryear— asrestated`
		`Balanceat`			`Income`		`Expenditure`		`Transfers`		`Balance`	`at`
			`1March`						`and`		`28February`
			`2020`						`gains/losses`		`2021`
									`on`
									`Investments`
			`£`		`£`			`£`	`£`			`£`
	`Endowmentfund`
	`WestHorsleyEstate`		`14,089,758`		`13,765`		`(2,931)`		`(76,240)`		`14,024,352`
	`Restrictedfund`
	`PlaceFarmCourtyard`			`-`	`20,000`		`(20,000)`			`-`			`-`
	`Otherrestrictedfunds`			`-`	`9,580`		`(9,580)`			`-`			`-`
	`Unrestrictedfund`
	`Generalfund`		`353,022`		`532,162`		`(564,032)`		`212,318`		`533,470`
			`14,442,780`		`575,507`		`(596,543)`		`136,078`		`14,557,822`

`15.`	`Analysisoffundsbyassetclass`
`15.1`	`Currentyear- group`
		`Unrestricted`	`Restricted`	`Endowment`	`Total`
		`Funds`	`Funds`	`Funds`	`Funds`
		`2022`	`2022`	`2022`	`2022`
		`£`	`£`	`£`	`£`
	`Tangiblefixedassets`	`726,290`	`-`	`420,000`	`1,146,290`
	`Heritageassets`	`-`	`-`	`6,875,932`	`6,875,932`
	`Investments`	`-`	`-`	`7,145,839`	`7,145,839`
	`Netcurrentassets`	`-`	`1,670`	`138,185`	`139,855`
		`726,290`	`1,670`	`14,579,956`	`15,307,916`
`15.2`	`Prioryearasrestated- group`
		`Unrestricted`	`Restricted`	`Endowment`	`Total`
		`Funds`	`Funds`	`Funds`	`Funds`
		`2021`	`2021`	`2021`	`2021`
		`£`	`£`	`£`	`£`
	`Tangiblefixedassets`	`533,470`	`-`	`965`	`534,435`
	`Heritageassets`	`-`	`-`	`6,818,390`	`6,818,390`
	`Investments`	`-`	`-`	`6,936,633`	`6,936,633`
	`Netcurrentassets`	`-`	`-`	`268,364`	`268,364`
		`533,470`	`-`	`14,024,352`	`14,557,822`
`15.3`	`Currentyear— charityonly`
		`Unrestricted`	`Restricted`	`Endowment`	`Total`
		`Funds`	`Funds`	`Funds`	`Funds`
		`2022`	`2022`	`2022`	`2022`
		`£`	`£`	`£`	`£`
	`Tangiblefixedassets`	`726,290`	`-`	`420,000`	`1,146,290`
	`Heritageassets` `Investments`	`-` `-`	`-` `7`	`6,875,932` `7,145,841`	`6,875,932` `7,145,841`
	`Netcurrentassets`	`15,635`	`1,670`	`138,183`	`155,488`
		`741,925`	`1,670`	`14,579,956`	`15,323,551`

	`Unrestricted`	`Restricted`	`Endowment`	`Total`
	`Funds`	`Funds`	`Funds`	`Funds`
	`2021`	`2021`	`2021`	`2021`
	`£`	`£`	`£`	`£`
`Tangiblefixedassets`	`533,470`	`-`	`965`	`534,435`
`Heritageassets`	`-`	`-`	`6,818,390`	`6,818,390`
`Investments`	`-`	`-`	`6,936,634`	`6,936,634`
`Netcurrentassets`	`(18,977)`	`-`	`268,364`	`249,387`
	`514,493`	`-`	`14,024,352`	`14,538,846`

					`2022`	`2021`
					`£`	`£`
	`Cashinhand`				`251,743`	`406,962`
	`Cashheldbyinvestmentmanager`				`9,243`	`12,392`
					`260,986`	`419,354`
`18.`	`Analysisofchangesinnetdebt`
		`At`	`1`	`March`	`Cashflows`	`At 28February`
				`2021`		`2022`
				`£`	`£`	`£`
	`Cashinhand` `Cashheldbyinvestmentmanager`		`406,962` `12,392`		`(155,219)` `(3,149)`	`251,743` `9,243`
			`419,354`		`(158,368)`	`260,986`

`19.`	`Capitalcommitments`
	`Attheyearendthereare noexistingcapitalexpenditure`		`commitments.`
`20.`	`Operatingleasereceipts`
	`Minimum` `lease` `receipts`	`under` `non-cancellable`	`2022`	`2021`
	`operatingleasestobereceived:`		`£`	`£`
	`-` `Notlaterthanoneyear`		`71,995`	`114,495`
	`-` `Laterthanoneyearbut`	`notlaterthanfive`
	`-` `Laterthanfiveyears`
	`Totalleasereceiptsundernon-cancellableleases`		`71,995`	`114,495`

`Statementoffinancialactivities`	`2021as`			`Restatement`	`2021as`
	`previously`				`restated`
	`presented`
	`£`			`£`	`£`
`Totalincome`	`575,507`				`575,507`
`Expenditureon:`
`Raisingfunds`	`161,512`				`161,512`
`Charitableactivities`	`560,483`			`(125,452)`	`435,031`
`Totalexpenditure`	`721,995`				`596,543`
`Netgains/(losses)oninvestments`	`136,078`				`136,078`
`Netincome/(expenditure)`	`(10,410)`		`,`	`125,042`	`115,042`
`Transfersbetweenfunds`		`-`				`-`
`Netmovementinfunds`	`(10,410)`			`125,042`	`115,042`
`Reconciliationoffunds:`
`Totalfundsbroughtforward`	`14,442,780`				`14,442,780`
`Totalfundscarriedforward`	`14,432,370`			`125,452`	`14,557,822`

`Balancesheet`	`2021as`	`Restatement`	`2021as`	`2021as`	`Restatement`	`2021as`
	`previously`		`restated`	`previously`		`restated`
	`presented`			`presented`
	`Group`	`Group`	`Group`	`Charity`	`Charity`	`Charity`
	`£`	`£`	`£`	`£`	`£`	`£`
`Fixedassets`
`Tangiblefixed`	`408,983`	`125,452`	`534,435`	`408,983`	`125,452`	`534,435`
`assets`
`Heritageassets`	`6,818,390`		`6,818,390`	`6,818,390`		`6,818,390`
`Investments`	`6,936,633`		`6,936,633`	`6,936,634`		`6,936,634`
	`14,164,006`	`125,452`	`14,289,458`	`14,164,007`	`125,452`	`14,289,459`
`Currentassets`
`Debtors`	`130,491`		`130,491`	`222,300`		`222,300`
`Cashatbankand`	`406,964`		`406,964`	`204,910`		`204,910`
`inhand`
	`537,455`		`537,455`	`427,210`		`427,210`
`Currentliabilities`
`Creditors:`	`(269,091)`		`(269,091)`	`(177,823)`		`(177,823)`
`amountsfalling`
`duewithinone`
`year`
`Netcurrentassets`	`268,364`		`268,364`	`249,387`		`249,387`
`Creditors:`
`amountsfalling`
`dueaftermore`
`thanoneyear`
`Totalnetassets`	`14,432,370`	`125,452`	`14,557,822`	`14,413,394`	`125,452`	`14,538,846`
`The fundsofthe`
`charity:`
`Endowmentfund`	`14,024,352`		`14,024,352`	`14,024,352`		`14,024,352`
`Restrictedfund`
`Unrestrictedfund`	`408,018`	`125,452`	`533,470`	`389,042`	`125,452`	`514,494`
`Totalcharity`	`14,432,370`	`125,452`	`14,557,822`	`14,413,394`	`125,452`	`14,538,846`
`funds`

`Comparativeconsolidated`	`statementoffinancial`	`activities—`	`after`	`restatement`
	`Unrestricted`	`Restricted`		`Endowment`	`Total`
	`Funds`	`Funds`		`Funds`	`Funds`
	`2021`	`2021`		`2021`	`2021`
	`£`	`£`		`£`	`£`
`Incomeandendowmentsfrom:`
`Donationsandlegacies`	`16,689`	`29,580`		`13,765`	`60,034`
`Charitableactivities`	`151,955`	`-`		`-`	`151,955`
`Tradingactivities`	`222,198`	`-`		`-`	`222,198`
`Investmentincome`	`72,680`	`-`		`-`	`72,680`
`Otherincome`	`68,640`	`-`		`-`	`68,640`
`Totalincome`	`532,162`	`29,580`		`13,765`	`575,507`
`Expenditureon:`
`Raisingfunds`	`161,512`	`-`		`-`	`161,512`
`Charitableactivities`	`402,520`	`29,580`		`2,931`	`435,031`
`Totalexpenditure`	`564,032`	`29,580`		`2,931`	`596,543`
`Netgains/(losses)on` `investments`	`-`		`-`	`136,078`	`136,078`
`Netincome/(expenditure)`	`(31,870)`		`-`	`146,912`	`115,042`
`Transfersbetweenfunds`	`212,318`		`-`	`(212,318)`		`-`
`Netmovementinfunds`	`180,448`		`-`	`(65,406)`	`115,042`
`Reconciliationoffunds:`
`Totalfundsbroughtforward`	`353,022`		`:`	`14,089,758`	`14,442,780`
`Totalfundscarriedforward`	`533,470`		`-`	`14,024,352`	`14,557,822`