CHARITY REGISTRATION NUMBER: 1167375 Bamburgh Heritage Trust Unaudited Financial Statements 31 March 2025
Bamburgh Heritage Trust Financial Statements Year ended 31 March 2025 Page Trustees, annual report Independent examinerfs report to the trustees Statement of financial activities Statement of financial position Notes to the financial statements
Bamburgh Heritage Trust Trustees. Annual Report Year ended 31 March 2025 The trustees present their report and the unaudited financial statements of the charity for th8 year ended 31 March 2025. Rèf•r8ncé and adminlstrativa datails Registerèd charity name Bamburgh Herilage Trust Charlty reglstratlon number 1167375 Prlnclpal offlce 9 The Wynding Beadnell Northumberland NE67 5BU The trustees J Woodman C Brunt S Morton R Baker-cresswell S Dodds Independent examlner Michael W Reed Russell House Greenwell Road Alnwick Northumberland NE66 1HB Structurè, govèmancè and management Purposes and aims Bamburgh Heritage Trust is adminislered and managed in accordance with its constitution. It is a registered charitable incorporated organisation (Charity Registration No. 1167375). The Charity was registered on 27th May 2016. Management of projects Bamburgh Heritage Trust is managed by the members of the Management Committee. The members are elected annually. The trustees listed on page 3 are members of the management committee. The management committee meets every months and receives financial and activity reports at each meeting. Objedives and activities Bamburgh Heritage Trust objectives and aims are: The advancemènt of education for the public benefit into the history and heritage of Bamburgh.
Bamburgh Heritage Trust Trustees. Annual Report (oonbnuod) Year ended 31 March 2025 Achlevements and perfomiance Ifs been another good year for Bamburgh Heritsge Trust with continued activities happening around our Accessing Aidan Project including a series of tslks and continued interest from the public, resulting in book sales and generous donations. The coffers have been fvrth6r bolstered following a donation from the (now domiant) Bamburgh Conservation Society. these funds will be reseryed for projects that reflect the common goals of the Conservation Society and the Heritage Trust. Our Telephone Box project continues to move along, with several locals giving their time to be interviewed about lrfe past, present and future in the Village, with the aim of ultimately producing a database of Interesting content that will be used to create an interactive visitor experience in the phone box itself. This project will continue to grow over Ihe coming year. Some smaller 'one off projects have also been supported by the Heritage Trust, namely the research into old street names of Bamburgh, which have bean useful in getting some smaller lanes in the Village renamed with a nod to the past. In Ihe coming weeks we will see street signage for Dora Lane (the lane running behind Front Street- originally Dora Terrace} and Dovecote Lane (a small lane in the Dovecote area of the Village). Naming theses lanes not only brings some of the history of the Village back to life but also serves a very modern and practical purpose of helping delivery services to find some of the more tucked away homes in the Village. Flnanclal revlew The Charity generates its main income from grants, donations and fundraising activities. During the period, income of £5,736 (2024:£843) was received, including r8Strlcted funds received of £Nil (2024:£Nil) with respect to tha Accessing Aidan project. Total expenditure was £1.175 (2024: £2,906). As a result. the Charity relurned a surplus for the period. Resenies at 31 March 2025 were £27,822 (2024:£23,261), of which £9.706 (2024:£10.002) is held as a restricted fund for the Accessing Aidan project. The Trustees will continue to aim to build the level of unrestricted reserves in order to support the charitable aims of the Charity. The management committ& reviews funding at every rn11ng and is conlinuing to contact potential funders and to expand the base of regular donations. Investment and Resetves Policy The Charity has no investments or significant reserves and, as such, does not have an investrnent policy. The trustees, annual report was approved on 9 September 2025 and signed on behalf of the board of trustees by. C Brunt Trustee S Morton Trustee
Bamburgh Heritage Trust Independent ExaminaS Report to the Trustees of Bamburgh Heritage Trust Year ended 31 March 2025 I report to the trustees on my examination of the financial statements of Bamburgh Heritage Trust {Ihe charity) for Ihe year ended 31 March 2025. Résponsibilities and basis of report As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (Yhe Act.). I report in respecl of my examinalion of the charitys financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5){b) of the Act. Independent examlnerfs statèmént I have completed my examinalion. I confimi that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: accounting records were not kept in respect of the charty as required by section 130 of the Act., or the financial ststements do not accord with those records. or the financial statements do not comply wilh the applicable requirements concarning 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 fairf 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 drdwn in this report in order to enable a proper understanding of the accounts to be rea¢h6d. Michael W Reed Independent Examiner Russell House Greenwell Road Alnwick Northumberland NE66 1 HB 6 August 2025
Bamburgh Heritage Trust Statement of Financial Activities Year ended 31 March 2025 2025 Reslricted funds Total funds Total funds 2024 Unrestricted funds Note Income and endowments Donations and legacies Total Income 5,736 5,736 5,736 5,736 Expendlture Expenditure on charitable activities Total exp•ndlturè 432 743 1,175 2,906 432 743 1,175 2,906 Net incomel(expenditure) and net movement in funds 5.304 (743) 4,561 (2,063) Reconclllation of funds Total funds brought fopavard Total funds carrled forward 13.976 9.285 23.261 27.822 25.324 19,280 8,542 23.261 The statement of financial activitiès includes all gains and losses r6cognised in the year. All income and expenditurè derive from continuing activities. The notes on pag88 6 to 10 forni part of these financial statements.
Bamburgh Heritage Trust Statement of Financial Position 31 March 2025 2025 2024 Note Current assets Cash at bank and in hand 28,412 23.851 Creditors: amounts falllng due within one year Net current assets 10 590 590 27,822 23.261 Tolal assets less current liabilities 27.822 23,261 23,261 Net asséts 27,822 Funds of the charity Restricted funds Unrestricted funds 11,497 16.325 9.285 13,976 23.261 Total charty funds 11 27,822 These financial statements were approved by the board of trustees and authorised for issue on 9 September 2025. and are signed on behalf of the board by: C Brunt Trustee S Morton Trustee Tho notss on pages 6 to 10 forni part of these financial statemonts.
Bamburgh Heritage Trust Notes to the Financial Statements Year ended 31 March 2025 General information The charity is a public benefrt entty and a registered charity in England and Wales and is unincorporated. The address of the principal office is g The Wynding. Beadnell. Northumberland. NE67 5BU. Statement of compllanco These financial statements have been prepared in compliance with FRS 102. 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland,. the Statemenl of Recommended Practice applicable to charilies preparing their accounts in accordance with the Financial Reporting Slandard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Charities Acl 2011. Accountlng pollclos Basls of preparatlon The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured al fair value through income or expenditure. The financial statements are prepared in sterling, which is the functional currency of the entity. Golng concern There are no material uncertainties about the charitS ability to continue. Judgements and key sources of estimation uncertalnty The preparation of the financial statements 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. Fund accounting Unreslricted funds are available for use at the discretion of the trustees to further any of the charitys purposes. Designated fvnds are unrestricted funds earmarked by the trustees for particular future project or commitment. Restricted funds are subjected to reslrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: reslricted income funds or endovnnent funds.
Bamburgh Heritage Trust Notes to the Financlal Statements (condnued) Year ended 31 March 2025 Accountlng pollcles {ntInued) Incoming resources All incoming resources are included in the statement of financial aclivities when Ihe charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied lo particular categories of income: Charitable income is received by way of grants. donations and gifts to the charity and is included in full in the Statemenl of Financial Activities upon receipt. Grants. where entitlement is not conditional on the delivery of a specific performance by the charity. are recognised when the charity becomes unndItionallY entitled to the grant. Bank interest is included when re1Vable. Resources expended Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered. and is classified under headings of the statement of financial activities to which it relates: expenditure on raising funds includes the costs of all fundraising activities. events, non- charitable trading activities, and the sale of donated goods. expendilure on charitable activities includes all costs incurred by a charity in undertaking aclivsties that further its charitable aims for the benefit of its beneficiaries. including those support costs and costs relating to the governan of the charity apportioned to charitable activilies. other expenditure includes all expenditure that is neither related to raising funds for the charty nor part of its expenditure on charitable activities. All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activty are allocated directly to Ihat activity. Shared costs are apportioned between the activits'es they contribute to on a reasonable, juslifiable and consistent basis. Donations and legacles Unrestricted Total Funds Unr8Stri¢ted Total Funds Funds 2025 Funds 2024 Donatlons Donations 5,736 5,736
Bamburgh Heritage Trust Notes to the Financial Statements {¢ontlnued) Year ended 31 March 2025 Expenditure on charitable actlvltles by fund type Unrestricted Funds Reslricted Total Funds Funds 2025 Other charitable activities 432 743 1.175 Unrestricted Funds Restricted Total Funds Funds 2024 Other charitable activities 575 2.331 2,906 Expenditure on charitable activities by activty type Grant funding Total funds of activities 2025 Total fund 2024 Other charitable activities 1,175 1,175 2,906 Ind•p•nd6nt examination fees 2025 2024 Fees payable to the independent examiner for: Independent examination of the financial statements 240 240 Staff costs The average head count of employees during the year VRS Nil (2024: Nil). No employee received employee benefits of more than £60,000 durlng the year (2024: Nil). Trustee remuneration and expenses The trustees received no remuneration, other than reimbursement for expenses incurred on behalf of the Charity. during the period. 10. Creditors: amounts falllng due wlthln one year 2025 2024 Accruals and deferred income 590 590
Bamburgh Heritage Trust Notes to the Financial Statements (continued) Year ended 31 March 2025 11. Analysls of charltable funds Unrostrictsd funds At 1 April 2024 At Transfers 31 March 2025 Income Expenditure General funds Designated Fund 7,762 6,214 13.976 61 5,675 5,736 {432) (2,955) 4.436 11.889 {432) {2.955) 16,325 At 1 April 2023 At Transfers 31 March 2024 Income Expenditure General funds Designated Fund 3.083 5.545 19 824 (420) (155) (575) 5,080 7.762 6.214 8,628 5.080 13,976 Restrlcted funds At 1 April 2024 At Transfers 31 March 2025 Income Expenditure A¢ssing Aidan Jubilee Bell Telephone box 10,002 1,791 (2,508) 9,285 {296) 9,706 1,791 (447) {743) 2.955 2,955 11.497 At 1 April 2023 At Transfers 31 March 2024 Income Expenditure Accessing Aidan Jubilee Bell Telephone box 15,517 3,199 {2,020) 16.696 (435) {1.408} {488) {2,331) (5.080) 10,002 1,791 (2,508) 9.285 {5,080)
Bamburgh Heritage Trust Notes to the Financial Statements (continued) Year ended 31 March 2025 12. Analysis of net assets between funds Unrestricted Funds Restricted Total Funds Funds 2025 Current assets Creditors less than 1 year Nét assèts 19,520 (240) 19,280 8,892 (350) 8,542 28,412 (590) 27,822 Unrestricted Funds Restricted Total Funds Funds 2024 Current assets Creditors less than 1 year Net assets 14,216 (240) 13,976 9,635 (350) 9.285 23,851 (590) 23.261 10