**REGISTERED CHARITY NUMBER: 1165403**
## **Report of the Trustees and**
**Unaudited Financial Statements for the Year Ended 31st July 2025**
## **for**
## **THE KENT MINING HERITAGE FOUNDATION**
TC Group 3rd Floor, Suffolk House George Street Croydon CR0 0YN
**THE KENT MINING HERITAGE FOUNDATION**
## **Contents of the Financial Statements for the year ended 31st July 2025**
||**Page**|
|---|---|
|**Report of the Trustees**|1 to 4|
|**Independent Examiner's Report**|5|
|**Statement of Financial Activities**|6|
|**Balance Sheet**|7|
|**Notes to the Financial Statements**|8 to 16|
|**Detailed Statement of Financial Activities**|17 to 18|
**THE KENT MINING HERITAGE FOUNDATION**
## **Report of the Trustees for the year ended 31st July 2025**
The trustees present their report with the financial statements of the charity for the year ended 31st July 2025. 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).
The charity also operates under the name The Kent Mining Museum.
## **OBJECTIVES AND ACTIVITIES**
## **Policies and objectives**
The objects of the charity are:
1. To advance the education of the public for the public benefit in the mining heritage of Kent and in old and new forms of energy, in particular green energy, in particular but not exclusively by the establishment and maintenance of a museum on the former colliery site at Betteshanger, Kent.
2. To provide or assist in the provision of facilities in the interest of social welfare for recreation or other leisure time occupation of individuals who have need of such facilities by reason of their youth, age, infirmity or disability, financial hardship or social circumstances with the object of improving their conditions of life.
In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'.
## **Strategies for achieving objectives**
The principal strategy for achieving the charities aims and objectives are through the operation of the Kent Mining Museum and the supporting Learning and Engagement activity which is agreed (and monitored) by the National Lottery Heritage Fund.
## **Activities undertaken to achieve objectives**
The activities are detailed in our Learning and Engagement Plan.
## **Grant-making policies**
The Trustees intend to make grants to Betteshanger Country Park Ltd to support the provision of facilities and activities which will be hosted by Betteshanger Park and which will further the charity's objects. Applications will be considered from other organisations or partners which will aim to further the objects of the charity through the Museum or the wider Park, or beyond if appropriate. Where the charity has been the recipient of capital and / or revenue funding, the charity's funds will be gifted to the appropriate recipient body (to be agreed by the charity's Trustees) and spent in accordance with the agreements and criteria set out by the funder.
The Trustees expect that grants will normal achieve one or more of the following outcomes:
- Educate the public on the mining heritage of Kent and in old and new forms of energy production.
- Establish and sustain a museum on the former colliery site at Betteshanger.
- Provide facilities in the interests of social welfare for recreation and/or leisure with the object of improving their conditions of life.
## **Volunteers**
The charity recruits volunteers who form a key part of our organisation and assist in the running of the Museum as well as the education and outreach work. They are mainly recruited from ex-miners but we encourage recruitment from people from other walks of life.
Page 1
**THE KENT MINING HERITAGE FOUNDATION**
## **Report of the Trustees for the year ended 31st July 2025**
## **Main activities undertaken to further the charity's purposes for the public benefit**
The main activities undertaken to further our charities purpose for the benefit of the public are:
- Making the museum accessible to the public as often as is practicable.
- Delivering the Learning and Engagement activity.
- Maintaining and curating the museum's collection.
- Organising and delivering events relevant to the museum.
## **ACHIEVEMENTS AND PERFORMANCE**
## **Charitable activities**
In the period August 2024 to July 2025 we welcomed 9,505 visitors, 733 educational visitors and 190 people in groups.
During this period we have:
- Retained a professional team engaged in managing and curating the museum and delivering high quality education and outreach work.
- Retained a professional development team for this period.
- Engaged with fundraising consultants and developed a fundraising strategy for the museum.
- Secured a time extension to our NLHF funding.
- Recruited and retained volunteers for Front of House, Archive and Learning & Engagements roles.
- Continued collecting objects into the KMM archives according to Collections Development Policy and began successfully clearing more of the backlog.
## Exhibitions and activities:
- Guest exhibition by Linden West "Radical Dissent: The Kent Miners' and Workers' Education, 1920-1985" ran through October 2024.
- KMM Exhibition "The Fight, The Struggle, The Legacy: Strikes and the Kent Coalfield" which ran from November 2024 to July 2025.
- Guest artist exhibition - Kevan Thompson "The Past is Gone, But It Is Not Lost" up from April - July 2025.
- KMM Temporary Exhibition "From Pit to Picture: A Collection of Art From Beneath and Beyond the Kent Coalfield" which ran from July 2025 - January 2026.
- All the while having object of the month displays, Family Connections displays, etc.
- Throughout early months of 2025, KMM worked with Artswork (Dover), artists Sam Giles and Jack Cant, and Goodwin Academy to create the mural that is now standing behind the coal carts on the roundabout in the park - unveiled March 2025.
- March 2025, KMM interviewed again by BBC and Radio Kent in commemoration of the end of the 1984-85 Strike.
- Held a Music at the Museum event in July 2025 - Invicta Concert band and Faversham Musical Theatre Choir.
- In July we also launched our Heritage Trail in the park - The Colliers' Way. The trail has three different length loops with 13 engaging panels with information about the Kent Coalfield from the prehistoric "Coal Age" to the present day legacies.
- In July the KMM was present at the Kent County Show (4-6 July).
- We prepared for the Kent Miners' Festival which took place in August 2025.
## **FINANCIAL REVIEW**
## **Financial position**
Income for the year ended 31 July 2025 amounted to £191,808 (2024 - £144,036). Expenditure totalled £143,835 (2024 - £129,363). This resulted in an overall surplus for the year of £47,973 (2024 - £14,673) and total nets funds as at 31 July 2025 of £116,092 (2024 - £68,119).
Page 2
**THE KENT MINING HERITAGE FOUNDATION**
## **Report of the Trustees for the year ended 31st July 2025**
## **FINANCIAL REVIEW**
## **Principal funding sources**
The Charities principal funding is from:
- Grant income which we seek to cover general expenditure and specific projects.
- Income from school and group visits.
- Visitor donations.
## **Reserves policy**
In accordance with the Charity Commission Guidance the Trustees review on a regular basis the level of reserves they consider appropriate. The Trustees consider it appropriate to aim to hold reserves equivalent to six months general expenditure.
At the end of the reporting period unrestricted reserves stood at £106,809 (2024 - £66,119). Restricted funds, which are not available for general purposes of the charity, were £9,283 at the year end (2024- £2,000).
## **Going concern**
After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. This is based on the continuation of the National Lottery Heritage Grant and the development of a new business plan. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.
## **Principal risks and uncertainties**
The principal risks and uncertainties facing the charity are the same as those facing other similar organisations, specifically inflationary costs including energy costs impacting on our operational activities. Alongside that we also have the impact on people's disposable income which could reduce numbers visiting the park. There is also the ongoing relationship with Betteshanger Park whose support we are grateful for.
## **Financial risk management objectives and policies**
At their quarterly meetings the board of Trustees review their Financial Risk Register ensuring that as far as possible the risks are mitigated.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
## **Charity constitution**
The Kent Mining Heritage Foundation is a registered charity, number 1165403, and is constituted under a Trust deed.
## **Recruitment and appointment of new trustees**
The management of the charity is the responsibility of the Trustees who are elected and co-opted under the terms of the Trust deed. Trustees are appointed to cover the skill sets needed by the charity e.g Finance, Marketing and Education.Trustees are appointed for a three-year term and may serve up to three consecutive terms.
## **Organisational structure and decision making policies**
The board appoint a Chairman and a Vice Chairman. The board also appoints a Finance Committee. Board meetings are held quarterly, or more often if necessary. The Finance Committee communicates on a monthly basis.
Page 3
**THE KENT MINING HERITAGE FOUNDATION**
## **Report of the Trustees for the year ended 31st July 2025**
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 1165403
## **Principal address**
Kent Mining Museum Betteshanger Country Park Sandwich Road, Sholden Deal Kent CT14 0BF
## **Trustees**
N McCollum - Chair Ms D Law Ms E Cowens Ms M Chapman P Hathaway S Manion M Quinn (resigned 31.12.24) J Crews J I Davies H Evans (appointed 1.1.25) C Varrall
## **Independent Examiner**
TC Group 3rd Floor, Suffolk House George Street Croydon CR0 0YN
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
........................................................................ N McCollum - Trustee
Page 4
**Independent Examiner's Report to the Trustees of The Kent Mining Heritage Foundation**
## **Independent examiner's report to the trustees of The Kent Mining Heritage Foundation**
I report to the charity trustees on my examination of the accounts of The Kent Mining Heritage Foundation (the Trust) for the year ended 31st July 2025.
## **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.
Patrick duCassé
TC Group 3rd Floor, Suffolk House George Street Croydon CR0 0YN
Date: .............................................
Page 5
**THE KENT MINING HERITAGE FOUNDATION**
## **Statement of Financial Activities for the year ended 31st July 2025**
|Unrestricted
fund
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
47,939
**Charitable activities**
4
Charitable events
8,252
Other trading activities
3
9,546
**Total**
65,737
**EXPENDITURE ON**
Raising funds
5
284
**Charitable activities**
6
Charitable events
24,763
**Total**
25,047
**NET INCOME**
40,690
**RECONCILIATION OF FUNDS**
Total funds brought forward
66,119
**TOTAL FUNDS CARRIED FORWARD**
106,809|Restricted
funds
£
126,071
-
-
126,071
(1,633)
120,421
118,788
7,283
2,000
9,283|31.7.25
Total
funds
£
174,010
8,252
9,546
191,808
(1,349)
145,184
143,835
47,973
68,119
116,092|31.7.24
Total
funds
£
126,562
10,239
7,235
144,036
3,369
125,994
129,363
14,673
53,446
68,119|
|---|---|---|---|
The notes form part of these financial statements
Page 6
## **THE KENT MINING HERITAGE FOUNDATION**
## **Balance Sheet 31st July 2025**
|Unrestricted
fund
Notes
£
**FIXED ASSETS**
Tangible assets
11
4,241
**CURRENT ASSETS**
Stocks
12
935
Debtors
13
889
Cash at bank
103,156
104,980
**CREDITORS**
Amounts falling due within one year
14
(2,412)
**NET CURRENT ASSETS**
102,568
**TOTAL ASSETS LESS CURRENT LIABILITIES**
106,809
**NET ASSETS**
106,809
**FUNDS**
15
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|Restricted
funds
£
1,232
4,909
26,466
(11,858)
19,517
(11,466)
8,051
9,283
9,283|31.7.25
Total
funds
£
5,473
5,844
27,355
91,298
124,497
(13,878)
110,619
116,092
116,092
106,809
9,283
116,092|31.7.24
Total
funds
£
7,291
500
61,330
40,738
102,568
(41,740)
60,828
68,119
68,119
66,119
2,000
68,119|
|---|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. N McCollum - Trustee
The notes form part of these financial statements
Page 7
**THE KENT MINING HERITAGE FOUNDATION**
## **Notes to the Financial Statements for the year ended 31st July 2025**
## **1. 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.
The financial statements are stated in pounds sterling and rounded to the nearest pound.
The Kent Mining Heritage Foundation meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.
## **Legal status of the charity**
The Kent Mining Heritage Foundation is a Charitable Incorporated Organisation registered with the Charity Commission in England and Wales under registration number 1165403.
## **Going concern**
The Trustees have reviewed the charity's cashflow forecasts and projections and in particular have considered the commitments to future funding through to 31 March 2026 from the National Lottery Heritage Fund. They have concluded that the charity will have sufficient resources to continue in operation for the foreseeable future. Therefore, the financial statements have been prepared on a going concern basis.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received and the amount can be measured reliably.
Where income has related expenditure (as with fundraising or contract income), the income and related expenditure are reported gross in the Statement of Financial Activities.
Donations, grants and gifts are recognised when receivable. In the event that a donation is subject to fulfilling performance conditions before the charity is entitled to the funds, the income is deferred and not recognised until it is probable that those conditions will be fulfilled in the reporting period.
Income received in advance for a future fundraising event or for a grant received relating to the following year are deferred until the criteria for income recognition are met.
## **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.
Expenditure on raising funds includes all expenditure incurred by the Charity to raise funds for its charitable purposes and includes costs of all fundraising activities events and non-charitable trading.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs.
continued...
Page 8
**THE KENT MINING HERITAGE FOUNDATION**
## **Notes to the Financial Statements - continued for the year ended 31st July 2025**
## **1. ACCOUNTING POLICIES - continued**
## **Expenditure**
Grants payable are charged in the year when the offer is made except in those cases where the offer is conditional, such grants being recognised as expenditure when the conditions attaching are fulfilled. Grants offered subject to conditions which have not been met at the year end are noted as a commitment, but not accrued as expenditure.
## **Tangible fixed assets**
Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.
Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value over their estimated useful lives, using the straight-line method.
Depreciation is provided on the following basis:
Furniture, fittings and equipment - 20% Computer equipment - 20%
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.
## **Stocks**
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
## **Creditors**
Creditors are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.
Creditors are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.
## **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.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **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.
continued...
Page 9
**THE KENT MINING HERITAGE FOUNDATION**
## **Notes to the Financial Statements - continued for the year ended 31st July 2025**
## **1. ACCOUNTING POLICIES - continued**
## **Debtors**
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Accrued income is included at the best estimate of the amounts receivable at the balance sheet date.
## **Cash at bank and in hand**
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
## **2. DONATIONS AND LEGACIES**
|Unrestricted funds
2025
£
Donations
14,940
Grants
33,000
47,940
**Grants**
National Lottery Heritage Fund
Garfield Weston
RG Hills Charitable Trust
**3.**
**OTHER TRADING ACTIVITIES**
Shop income|Unrestricted funds
2025
£
Donations
14,940
Grants
33,000
47,940
**Grants**
National Lottery Heritage Fund
Garfield Weston
RG Hills Charitable Trust
**3.**
**OTHER TRADING ACTIVITIES**
Shop income|Restricted
funds|Total
funds|Total
funds|
|---|---|---|---|---|
||2025
£
14,940
33,000
47,940|2025
£
(2,000)
128,070
126,070|2025
£
12,940
161,070
174,010|2024
£
12,944
113,618
106,562|
||||||
||||||
||||2025|2024|
||||£
128,070
33,000
-
161,070|£
78,618
33,000
2,000
113,618|
||||31.7.25
£
9,546|31.7.24
£
7,235|
continued...
Page 10
**THE KENT MINING HERITAGE FOUNDATION**
## **Notes to the Financial Statements - continued for the year ended 31st July 2025**
## **4. INCOME FROM CHARITABLE ACTIVITIES**
|**INCOME FROM CHARITABLE ACTIVITIES**|**INCOME FROM CHARITABLE ACTIVITIES**|||||
|---|---|---|---|---|---|
|Event income and fees
**RAISING FUNDS**|||31.7.25
Charitable
events
£
8,252|31.7.24
Total
activities
£
10,239||
|Unrestricted funds||Restricted
funds|Total
funds||Total
funds|
||2025|2025|2025||2024|
||£|£|£||£|
|||||||
|Shop merchandise purchases|284|(1,633 )|(1,349)||3,369|
|||||||
||284|(1,633 )|(1,349)||3,369|
|||||||
**5. RAISING FUNDS**
The above amount includes a correction to the stock value.
## **6. CHARITABLE ACTIVITIES COSTS**
|**CHARITABLE ACTIVITIES COSTS**||||||
|---|---|---|---|---|---|
|Charitable events
**Direct costs**||Direct
Costs
£
139,511||Support
costs (see
note 7)
£
5,673|Totals
£
145,184|
|Unrestricted funds
2025
£
Wages
6,220
Social security
-
Pensions
1,082
Rent and utilities
972
Insurance
275
Advertising and marketing
7,008
Museum materials and consumables
450
Contribution to construction costs of museum
-
and facilities
Cleaning
1,079
Event costs
903
Consultancy
5,931
IT and computer costs
803
Repairs and maintenance
291
Subscriptions and memberships
259
Fixtures and fittings depreciation
3,657
Computer equipment depreciation
82
29,012|Restricted
funds
2025
£
42,324
-
-
13,830
1,022
7,218
7,081
-
2,482
8,737
24,468
1,855
1,314
66
54
48
110,499|||Total
funds
2025
£
48,544
-
1,082
14,802
1,297
14,226
7,531
-
3,561
9,640
30,399
2,658
1,605
325
3,711
130
139,511|Total
funds
2024
£
62,156
662
1,102
16,650
-
5,145
3,720
5,495
3,784
13,338
-
2,064
2,271
493
3,646
-
120,526|
continued...
Page 11
**THE KENT MINING HERITAGE FOUNDATION**
## **Notes to the Financial Statements - continued for the year ended 31st July 2025**
## **7. SUPPORT COSTS**
**----- Start of picture text -----**
Finance Governance costs Totals
£ £ £
Charitable events 500 5,173 5,673
Support costs, included in the above, are as follows:
31.7.25 31.7.25 31.7.25 31.7.24
Restricted Charitable Total
Unrestricted funds funds events activities
£ £ £ £
Bank charges 500 - 500 571
Accountancy and legal fees 323 590 913 1,057
Independent examiner's fee (5,072) 9,332 4,260 3,840
(4,249) 9,922 5,673 5,468
**----- End of picture text -----**
## **8. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31st July 2025 nor for the year ended 31st July 2024.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31st July 2025 nor for the year ended 31st July 2024.
## **9. STAFF COSTS**
|Wages and salaries
Social security costs
Other pension costs|31.7.25
31.7.24
£
£
48,544
62,156
-
662
1,082
1,102|
|---|---|
||49,626
63,920|
|The average monthly number of employees during the year was as follows:
Employees|31.7.25
31.7.24
4
4|
No employees received emoluments in excess of £60,000.
continued...
Page 12
**THE KENT MINING HERITAGE FOUNDATION**
## **Notes to the Financial Statements - continued for the year ended 31st July 2025**
## **10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
|Unrestricted
fund
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
41,842
**Charitable activities**
Charitable events
10,239
Other trading activities
7,235
**Total**
59,316
**EXPENDITURE ON**
Raising funds
1,554
**Charitable activities**
Charitable events
49,189
**Total**
50,743
**NET INCOME**
8,573
**Transfers between funds**
6,350
**Net movement in funds**
14,923
**RECONCILIATION OF FUNDS**
Total funds brought forward
51,196
**TOTAL FUNDS CARRIED FORWARD**
66,119|Restricted
funds
£
84,720
-
-
84,720
1,815
76,805
78,620
6,100
(6,350)
(250)
2,250
2,000|Total
funds
£
126,562
10,239
7,235
144,036
3,369
125,994
129,363
14,673
-
14,673
53,446
68,119|
|---|---|---|
continued...
Page 13
**THE KENT MINING HERITAGE FOUNDATION**
## **Notes to the Financial Statements - continued for the year ended 31st July 2025**
## **11. TANGIBLE FIXED ASSETS**
|**COST**
At 1st August 2024
Additions
At 31st July 2025
**DEPRECIATION**
At 1st August 2024
Charge for year
At 31st July 2025
**NET BOOK VALUE**
At 31st July 2025
At 31st July 2024
**12.**
**STOCKS**
Shop merchandise
**13.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Other debtors
Prepayments and accrued income|Fixtures
and
Computer
fittings
equipment
Totals
£
£
£
18,229
-
18,229
898
1,125
2,023
19,127
1,125
20,252
10,938
-
10,938
3,711
130
3,841
14,649
130
14,779
4,478
995
5,473
7,291
-
7,291
31.7.25
31.7.24
£
£
5,844
500
31.7.25
31.7.24
£
£
7,349
-
20,006
61,330
27,355
61,330|
|---|---|
continued...
Page 14
**THE KENT MINING HERITAGE FOUNDATION**
## **Notes to the Financial Statements - continued for the year ended 31st July 2025**
## **14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
## **15.**
|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||||
|---|---|---|---|---|
|Trade creditors
Other creditors
**Deferred income reconciliation**|||31.7.25
£
9,700
4,178
13,878|31.7.24
£
797
40,943
41,740|
|Balance brought forward
Amount released to the Statement of Financial Activities
Amount deferred in the year
Balance carried forward|||31.7.25
£
33,000
(33,000)
-
-|31.7.24
£
3,000
(3,000)
33,000
33,000|
|**MOVEMENT IN FUNDS**
**Unrestricted funds**
General fund
**Restricted funds**
National Lottery Heritage Fund
Solar Panels Fund
**TOTAL FUNDS**
Net movement in funds, included in the above are as follows:
**Unrestricted funds**
General fund
**Restricted funds**
National Lottery Heritage Fund
Solar Panels Fund
**TOTAL FUNDS**|At 1.8.24
£
66,119
-
2,000
2,000
68,119
Incoming
resources
£
65,737
128,071
(2,000)
126,071
191,808||Net
movement
in funds
£
40,690
9,283
(2,000)
7,283
47,973
Resources
expended
£
(25,047)
(118,788)
-
(118,788)
(143,835)|At
31.7.25
£
106,809
9,283
-
9,283
116,092
Movement
in funds
£
40,690
9,283
(2,000)
7,283
47,973|
continued...
Page 15
## **THE KENT MINING HERITAGE FOUNDATION**
## **Notes to the Financial Statements - continued for the year ended 31st July 2025**
## **15. MOVEMENT IN FUNDS - continued**
## **Comparatives for movement in funds**
|||Net|Transfers||
|---|---|---|---|---|
|||movement|between|At|
||At 1.8.23|in funds|funds|31.7.24|
||£|£|£|£|
|**Unrestricted funds**|||||
|General fund|51,196|8,573|6,350|66,119|
|**Restricted funds**|||||
|Solar Panels Fund|2,250|6,100|(6,350)|2,000|
|**TOTAL FUNDS**|53,446|14,673|-|68,119|
Comparative net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
National Lottery Heritage Fund
Solar Panels Fund
**TOTAL FUNDS**|Incoming
resources
£
59,316
78,620
6,100
84,720
144,036|Resources
Movement
expended
in funds
£
£
(50,743)
8,573
(78,620)
-
-
6,100
(78,620)
6,100
(129,363)
14,673|
|---|---|---|
The National Lottery Heritage Fund represents funding towards the building and operation of the Kent Mining Museum.
The Solar Panels Fund represents funding for new solar panels. This project was cancelled in 2024.
## **16. RELATED PARTY DISCLOSURES**
In 2023, the charity signed a 21 year lease with Betteshanger Property Limited, M Quinn, now a former trustee, is a director of this company. The annual rent is peppercorn, if demanded.
During the year, the charity contributed £13,320 (2024 - £11,100) for service charges to Quinn Estates Fowlmead Limited, M Quinn, now a former trustee, is a director of this company.
M Chapman, trustee is a director of Pillory Barn Design Limited. During the year the charity made payments of £1,080 (2024 - £2,735) to Pillory Barn Design Limited in relation to marketing services.
Page 16
**THE KENT MINING HERITAGE FOUNDATION**
|**Detailed Statement of Financial Activities**|||
|---|---|---|
|**for the year ended 31st July 2025**|||
||31.7.25|31.7.24|
||£|£|
|**INCOME AND ENDOWMENTS**|||
|**Donations and legacies**|||
|Donations|12,938|12,944|
|Grants|161,072|113,618|
|**Other trading activities**|174,010|126,562|
|Shop income|9,546|7,235|
|**Charitable activities**|||
|Event income and fees|8,252|10,239|
|**Total incoming resources**|191,808|144,036|
|**EXPENDITURE**|||
|**Other trading activities**|||
|Opening stock|500|500|
|Shop merchandise purchases|3,995|3,369|
|Closing stock|(5,844)|(500)|
|**Charitable activities**|(1,349)|3,369|
|Wages|48,544|62,156|
|Social security|-|662|
|Pensions|1,082|1,102|
|Rents and utilities|14,802|16,650|
|Advertising and marketing|14,226|5,145|
|Museum materials and consumables|7,531|3,720|
|Contribution to construction costs of museum|||
|and facilities|-|5,495|
|Cleaning|3,561|3,784|
|Event costs|9,640|13,338|
|IT and computer costs|2,658|2,064|
|Repairs and maintenance|1,605|2,271|
|Subscriptions and memberships|325|493|
|Consultancy|30,399|-|
|Insurance|1,297|-|
|Fixtures and fittings|3,711|3,646|
|Computer equipment|130|-|
||139,511|120,526|
## **Support costs**
This page does not form part of the statutory financial statements
Page 17
**THE KENT MINING HERITAGE FOUNDATION**
## **Detailed Statement of Financial Activities for the year ended 31st July 2025**
||31.7.25|31.7.24|
|---|---|---|
||£|£|
|**Support costs**|||
|**Finance**|||
|Bank charges|500|571|
|**Governance costs**|||
|Accountancy and legal fees|913|1,057|
|Independent examiner's fee|4,260|3,840|
||5,173|4,897|
|Total resources expended|143,835|129,363|
|**Net income**|47,973|14,673|
||||
This page does not form part of the statutory financial statements
Page 18