REGISTERED CHARtrf NUMBER: 1167510
Bates Weston LLP
Chartered AC￿AIntants
The Mills
Canal Slr*l
Derby
DE1 2RJ

Qonte
Fin
nclal Ststeme
Page
Ref•rence and Admlnlstratlv• Detalls
Report of th• Tru$t••8
2 to12
Indep•ndent Examln•rf• R•port
13
Statemont of Flnanclal Actlvltl••
14
Balance She•t
15
C￿h Flow Statomont
16
Note8 to the Flnanclal Stat•m•nts
17 to24

Administrative Detai
Februa
202
TRUSTEES
l Reeves {resigned 30.6.2023)
R Salmon -Seuetary
K Arn￿ld 30.6.2023)
G Saunde
Y Mokudu (resoned 14.6.20221
G C Young
S Wil8s- Chair (ro$￿3n0d 30.9.2023)
H van Maasakkers Iresjgned 30.9.20231
S R Trimm (ap￿n￿ 16.3.20221
Mrs K Apy(kn lapp(xnted 16.3.20221
PRINCIPAL ADDRESS
Haven Way
Epsom
Surrey
KT19 8NP
REGISTERED CHARITY
NUM8ER
1167510
INDEPENDENT EXAMINER
Bates Weston LLP
Chartered AcCI￿￿tants
The Mills
Canol Stre91
DE12RJ
BANKER8
Metrobank
91a H￿Jh Street
Ep8om
198DR

the
HORTON
EPSOM
Horton Chapel Arts & Heritage Society
Registered Charity 1167510
Annual Report and Accounts for 2022-23
The Horton is a new, vibrant
venue for arts and herita8e in
Epsom, 5urrey.
The
formerly
semi-derelict
Horton Asylum Chapel was saved
by re8lStered charity Horton
Chapel Arts & Heritage Society
IHCAHS),
Trust
set
specifically to undertake the
renovation projert and run The
Horton as a not-for-profit cultural
venue,
providing
amenities,
education
and
enterprise
opportunities for local people.
Objectives and activitles
The charitable aim5 of The Horton {HCAHS)
To preserve Horton Chapel in Epsom, a Grade11 listed building. for the benefit of the
public and the herita8e of the local area, by establishing a not-for-profit arts centre
wlthin the buildin8 and its associated grounds,. and
To promote education in and appreciation of the arts, local history and creative
activities that promote well-being. for the public benefit of all ages of people living,
worklng and studying in the borough of Epsom and Ewell and its surrounding areas.

About The Horton
The Horton, also known as The Horton Arts Centre. is a site of national historical importance.
Built In 1901. it has a pioneering history of mental health care and was Europe's first music
therapy centre from the 1950s.
Following a six-year project to raise funds and renovate the buildin& The Horton officially
th
opened to the public on 28 April 2022.
The venue hosts creative arts workshops. perfomances, community events. and a free-to-
access permanent exhibition about the history of Epsom's psychiatric hospital cluster and the
people who lived and worked there.
The heritage of the site is embedded into the culture of our public programme and retained
in the architectural and decorative detail of the building.
The Horton's Café provides a community hub where local people can meet, eat and drink
together.
Our mlssion
The Horton draws upon its rich history and seeks to celebrate creativity and incluslvlty.
for visitors to learn about local heritage, and enjoy an exciting cultural programme of events.
courses. and activities.
to be an accessible communlty asset that local people feel proud of, and emotionally
Invested In.
to explore hlstoric and contemporary issues around mental health and its treatment.
Seeking to change attitudes towards mental health, and to be a place where people with
Mental health considerations are actively involved and feel safe and welcome.
to be a place where creativity is celebrated. and skills development within the creative
sector is fostered.
for artistic programming to be innovative and high-quality. offering something that 15 not
otherwise available in the locality.
Activities Summary
For most of the period ofthis report (April 2022- February 2023} The Horton was open to the
public three or four days per week, whilst renovation works were being completed on days
that the building was c105ed. Hence. the staff team and board of trustees were managing
project work and operations at the same time.
Renovation Projert
The period saw completion of most elements of the refurbishment and restoration of the
building and was a significant step towards achieving one of the primary charitable aims. This
work included but was not limited to=

Cafe-bar and kitchen frt-out
Car park completion
Acoustic panelling installation
Final decoration
Internal s18nage
Alarm systems and network
Accessibility improvements- automatic doors and ramps
Outdoor café seatin
Operatlonal readine55
Licenses, service a8reements and maintenance contracts were secured, with policies and
procedures prepared for safe and complianr operations.
Staff were recruited for permanent roles, with training where required.
Operational systems were created for activities including but not limited to.. ticketing,
payment processin& hospitality, IT and HR.
The Horton continued to build relationships with local stakeholders, offering opportunities
for skills trainin& including Professional Practice Placements for students from the University
for the Creative Arts, work placements for Professional Cookery student5 from NESCOT
college. graduate internships in marketing and design, and a Kickstarter role.
Launch
Public opening of The Horton in April 2022 was marked with an exhibition of original drawing5
by artist Geor8ia Kltty Harris of former patients, 'Portroits of the Unremembered and the
launch of a programme of performances. heritage talks, creative workshops and community
activlties.

The formal launch event of the renovated building took place in September 2022. with invited
guests and supporters marking this highly signrficant milestone in the charitvs history.
Community
The team at The Horton has continued networking and partnership bulldlng with other local
charities and community groups.
Phase one of the Young Creative5 project was completed, funded in part by an #Iwill 8rant.
This is a scheme the charity would like to build on if funding can be secured.
Volunteers were trained in supporting the team with various day-to-day tasks as well as visitor
engagement.
Creatlve Programme
During this reporting period, The Horton hosted Ilve
music, dance and theatre performances. films, visual
arts courses and workshops, comedy ni8hts,
wellbeln8 activities and experiential and heritage
events.
Programming included:
Llve muslc: from Jaz Delorean, Blunter Brothers.
Belinda O'Hooley, Cable Street Collective,
KinBswood Big Band, The Waldegrave Ensemble.
Denman Street Quartet, and many Indlvlduals
and duos perfom)In8 at acoustlc Slnger-
Songwriter Nights hosted by Dragonfly Sky.
Theatre: R¢￿rn of One's Own by Dyad
Produrtions. These Hills Are Ours by Daniel Bye
and 8off Whalley, Kinder by Smoking Apples,
Bouncers by BlackBox.
Scratch Nlght as a platform for early-career
performers.
VSsual Arts.. life drawin& sheep lrfe drawin&
needlefelt, abstract acrylics, watercolour
wildlife, rkebana, jewellery-makin& portrait
drawing techniques.
Children & famity: The Hug and Hulloboloony
Moon by Long Nose Puppets, Gronny Pe(Jrl by
Jenny Lockyer, creative messy play for toddlers.
crazy clay and festive season run of aerial circus
show Moonfall from Hikapee Theatre.
Heritage: Talks on Epsom's hospital history and
Horton as 3 war hospital, Jubilee live and 1952
Hair Salon exhibition to commemorate the
Queen's coronation, ￿ramIC flower painting
with Frlends of Horton Cemetery in memoryof

those buried in unmarked graves.
Spanish Season of dance and music events supported by the
Spanish Department of Culture.
And much more.
Achievements and performance
In Marth 2022. just prlor to opening to the public, The Horton
was named overall winner of the Surrey Heritage Awards 2022
organised by Surrey HistorSc Buildings Trust with the award
presented by Lord-Lieutenant Michael More.Molyneux.
In a very short time. The Horton has gained a positive
reputatlon for quality and the successful launch of an ambitious vision. The venue Is already seen as a
valuable community hub by those who live and work in Epsom and surrounding area5 and Is
Increasingly bein8 accessed by people and organlsations from the wider Surrey and South London
re81on.
DurlnB thls financlal year. primarlty supported by funding from the National Lottery Herltage Fund
INLHFI and developer5, Section 106 fundin& administered by Epsom & Ewell Borough Council, we
have..
Rescued and restored a herltage asset
The projert has restored and conserved a Grade 11 listed building that had been empty for
more than two decades, and otherwise mlght still be empty today and in a poorer state of
decline. Professional and public opinion has been extremely positive.
Created a new communlty space
A unique new cultural and social space has been
created for Epsom. where people can come
together to watch performances, enjoy creative
workshops, bring their children, or simply meet
friends for coffee. The Horton is reaching
disadvanta8ed people in the local area. Viridor
Credits (now Valencia) provided significant
additional funding for various capital items.
Fostered creativity and promoted skllls development
The Horton has provided internships: one traineeship- work experience for local professional
catering students. approximately 50 volunteering opportunities, Duke of Edinburgh
placements and a Young Creatives programme for ILF15 year-olds part-funded by -1 Will
Foundation". The Youngcreatives were invited tojoin the Royal Guard of Honouratthe 2022
Epsom Derby, as acknowledgment of their community participation.

The Horton's Cultivate programme. part-funded
by The D'oyly Carte Charitable Trust. supported
emerging performance artists- Company
Concentric, No Eye Deer and Clara Gayerwith
research and development space and a platform
to share their work at a 'Pay What You Can,
Scratch Night.
Interpreted the heritage of the slte
The heritage of the hospital cluster has been
sensitively researched, interpreted and shared in
the f irst permanent exhibition on the subjert, and online. New creative responses to the
stories of people at the hospital have engaged people in imaginative ways. and visitors have
responded positively. New publlc artwork by Eliza Southwood at Epsom Railway Station
depicts The Horton Art5 Centre and its history of music therapy.
Enhanced the local economv.
The Horton has created new jobs, new supply chains, and there are early signs that it Is
brlnging more people into the area who are spendin8 elsewhere In the1ocal oconomy. It is
adding to the cultural offer for Epsom and will be a key player in the region's cultural strategv
for the future. The charity has become a voluntary membership of the Go Epsom Business
Improvement District, giving us access to a network of local businesses and associated
marketing opportunities.
During our flrst part-year open
5,000+ people attended a performance. course or workshop
20,000+ visitors had seen the free heritage exhibition
10,OOO+ people had eaten in the café
The recruitment of a permanent staff team was completed in summer 2022. Prior to that, the
operation durin8 the early launch period had been managed by a team on short fixed-term
contracts. The Horton is managed by a small staff team including a centre manager who
manages day-to-day operations and the staff team. an administration co-ordinator, a sales
and marketing c￿OrdInator, a finance coordinator, a hospitality manager. a facilities co-
ordinator and an assistant hospitality manager. These are a mixture of full-time and part-time
contracts. They are supported by casual café and cleaning staff.
The soft launch period, in which the building wa5 open for 3 days per week. wa5 successful
more quickly than anticipated, enabling the team to move to a 4-day per week openin& and
subsequently preparing for a S-day per week opening from the spring of 2023.
The permanent heritage exhibition continues to attract visitors in it5 own right. as well as
providing historic context to the building for those who are attending our programme of

cultural events and workshops. The exhibition, which is free to access for all visltors. includes
artefacts. images, audio recordings and digital resources including testimonies of staff and
patients of the Epsom Hospital Cluster from throughout the 20 century. This important
aspect of the projert brings to life the heritage of the
site and the hospital cluster for visitors who are
unaware of its fascinating history.
A team of Volunteers in addition to our trustees,
continue to play an important role in the charitvs
operations, supporting the profe55ional staff team in a
number of ways. including front-of-house, café,
administration, HR, finance. gardenln& and as heritage
guides and other support functions.
Evaluatlon
An interim evaluation was produced by independent consultant Anna Cullum during this
period. with the final evaluation report. is due to be submitted to our main capital furider,
National Lottery Heritage Fund INLHFI, in the summer of 2023.
The criteria we used to assess our performance during this reporting period were set out in
our Evaluation Framework. This was informed by our Vision and Value5 Statement and the
conditions underwhich ourgrantfundingwas awarded bythe NLHF in theApproved Purposes
of our grant agreement.
Financial Revlew
Donatlons and Grant Funding
The £3m renovation projert was funded primarily by the National Lottery Heritage Fund
INLHFI and $106 community infrastructure contributions from developers, administered bv
Epsom & Ewell Borough Council.
Grant fundin8 from the NLHF totaling £162,8S8 was deployed during the financial year, alon8
with $106 funding of £139,773, all of which was used for capital works, professional fees and
activities associated with the completion of the refurbishment works on the building and the
opening of The Horton as a cultural venue.
During the reporting period, we successfully applied for an additional £209.500 projert
fundin8 from the NLHF to supplement the original grant. This was to cover additional costs
associated with delays to the refurbishment works because of the Covid-19 pandemic and the
administration of the principal building contractor. It was also to fund additional future
management & maintenance costs projected during the start-up phase of the operation of
the building as an arts centre.
A grant of £18,781 was received from Valencia Credits Ipreviously Viridor Credits) to go
towards materials and equipment for the interior and exterior renovation. These included

acoustic panelling, garden furniture, tools and equipment including a Tallescope system fof
maintenance at ceiling level.
A one-off gift of £10,168 wa5 received from MGS04 Arts FestiV21 to benefit the artistic
pursuits of The Horton. This gift was made with the stipulation that it is to be used for artistic
programming of works and to help to reach under-served audiences, and it has therefore
been included in restricted funding. £9.868 of this funding has been deferred to fund activities
in the next financial year. Funding of £1,536 was also received from Accio Cultura Espana to
facilitate our Spanish season of dance and music events.
Funding of £5,579 was received from the UK Government Kickstart Scheme which provided
funding for new jobs for young people at risk of long term unemployment. This fundlng was
used to employ a Visitor Assistant.
Private donations of £5,017 were received.
Tradlng Actlvltles
Income of £187.798 was generated from our café. creative programming and hire of the
venue. After costs, these activltles contributed £52.558 to the Charitvs unrestricted funds.
Overheads included sta￿Ing costs. office costs and utlllty serrfices, as well as further
refurbishment works related to the preservation of the Chapel, as described above.
Net Assets and Cash Position
At the end of the flnancial year, the ChariVs total net asset value was £2,751.413. Of thi5,
£2,509,645 is the total asset value of the Chapel itself and other tan8ible assets.
Cash reserves totalled £214,497, of which £135,288 was restricted funding relating to the
remainder of the renovation project and ongoing management and maintenance costs,
leaving £79.209 of unrestricted cash reserves.
The charitls reserves policy is to hold sufficient unrestrlcted cash reserves to ensure the
financial viability of the organisation in the event of temporary closure or significant changes
to the business plan. A target of sufficient free reserves to cover one yearfs annual
maintenance costs and notice on the building plus three months. general overheads and six
months, staffing costs has been set. The Board aims to achieve this by scaling up the Charity's
activities in the coming financial year.
Cash reserves are held in cash accounts at Metro Bank.
There are no current uncertainties about the charitys ability to tontinue as a going concern.
There is no fund or subsidiary undertaking that is materially in deficit. The charity does not
hold any material financial investments.
The Society does not have a material financial investment strategy. Neither grant-making nor

social investment form a material part of the charitys objectNes.
The principal risks to the charity during the financial year arose from ensuring that the growth
of the operation was carefully managed to ensure staffing levels remain appropriate for the
increased number of events and longer opening hours. whilst continuing to manage capitsl
works.
Trustees keep a detailed risk register, which is reviewed regularly at board meetings. Now
that the capital refurbishment is complete, this risk profile changes substantially, and
becomes more focused on operational matters. long-term sustainability and ensurin8 staff
capacity is aligned with our plans for 8rowth.
Plans for future perlods
The charity continues to develop and test new activities and income. and review The Horton's
strategy based on operational learnings, vi51tor feedback and our charitable objectlves.
Community stakeholders report seeing The Horton as a 'point of call for engaging with the
communlty., particularly for connetting With people and charities concerned with mental
health, and this perception will build The Horton's value as a community asset. We want to
ensurethatwe continueto consult and developwith ourcommunity in ordertastay relevant.
The Horton embraces diversity and equal opportunity. We are committed to building a team
that represents a variety of backgrounds, perspectives. and skills. The more inclusive we are,
the better our work will be. This applies to the board, the staff team, our volunteers and
artists. We will continue to self-monitor and challenge ourselves to bring together people
with diverse experiences, skills, and perspectives, to create a more inclusive and vibrant arts
and heritage community in Epsom.
Our phased plans to fully open The Horton Gardens are dependent on further fundraising. A
grant of £49,995 from Epsom & Ewell Borough Council CIL, awarded but not paid in this
period, must be match-funded. and we are awaiting the outcome of an application to Surrey
County Council's Your Fund Surrey.
Acce55ible paths and an attractive landscaping scheme will create an improved amenity for
local people, more creative opportunities and a sustainable green space for betterwell-being.
Structure, governance, and management
The charity is a Charitable Incorporated Organisation and is 8overned by a constttution. The
Constitution was amended by the trustees in April 2019 and again in January 2020. in
accordance with the clauses enabling such ch3nges.
A trustees, Code of Conduct sets expectations for best practice and promotes good
comrnunication between trustee5.

New trustees are appointed by existing trustees on terms as set out in the Constitution, which
allows for a maximum of 12 trustees on the board. New trustees are given an induction which
involves the provision of key documents. including Constitution- Code of Condutt,- Vision and
Values statement: and key policies such as Financial Policy and Safeguarding.
No other person or external body is entitled to appoint trustees.
All key strategic decisions are approved collectively bytrustees, who met monthly throughout
the reporting period. The Board Strate￿ day evaluates priorities for the year ahead and
ensures that the charitV5 policies and procedures are up to date.
Under current arrangements. the board is chaired on a rotating basis, with all trustees taking
chair responsibility for one month and for setting agendas and steering meetlngs.
A trading subsidiary has been established. The Horton Epsom Ltd, which wlll focilltote The
Horton in undertoking commercial activities that are not directly related to the society's
charitable objertives. including the opemtion of The Horton's Cafe-8or. Profit5 will be donated
to the chority- Work will continue to ensure the governance of the two or8ani5ation's is
appropriate, efficient and aligned to our culture and values.
The Centre Manager. supported bythe staff team. is responsibleforoperationalynana8ement
of The Horton. including artistic programmin& and reports monthly to the board of trustees
and will also be reporting to the dirertors of the charitvs trading subsidiary The Horton Epsom
Ltd.
Trustees will continue their focus on resilience and sustainability aligned with The Horton's
alms, vision and values. While doing this work, the Board of Trustees, who govern the charity.
have had regard to the Charity Commission's guidance on public benefit.
Reference and administrative details
The charity has the registered charity number 1167510.
The charity is registered as a company number CECQ7433
The charitvs registered address is The Horton Arts Centre, Haven Way, Epsom, Surrey KT19
8NP
The table below shows the individuals who were trustees during the financial year l March
2022 to 28 February 2023 as well as those in post when the account5 were approved.
lan Reeves
Rupert Salmon
Kirstie Arnould
Graham Saunders
Yemisi Mokuolu
Until June 2023
Secretary
Until June 2023
Until July 2022

Sophie Wiles
Chair from February
2021until September
2022
Treasurer from April
2021
From Au
Until September 2022
Gayle Young
From May 2020
Hugo van Maasakkers
Steve Trimm
Kandia Appadoo
ust 2021
Until September 2023
From March 2022
From March 2022
The charity has no corporate trustees.
No trustee holds, or has held, title to property belonging to the charity.
Other relevant organisations-
Banking services- Metro Bank, 91a High Street. Epsom KT19 8DR
Accountants.. Bates Weston. The Mills, Canal Street, Derby OEI 2RJ
Independent Revlew
The report from the independent examiner follows this report.
Trustee declaratlon
The trustees declare they have approved the trustees, report above.
Signed on behalf of the charit￿5 trustees.
Names..
Position:
Date:
ayle You
Treasurer
Rupert Salmon
Secretary
1111212023
12
Principal address of charity: The Horton Arts Centre, Haven Way. Epsom, ￿19 8NP

Examin
Inde￿ndO￿t examlnefs report to the trustees of Horton Chapel Arts and Heritage Society
I report to the chadty trustees on my exam1natsL￿ of Ihe ac(#)unts of HcKlon Chapel Ms and Herrtage knety
lthe Trust) for the year 8nded 28 FebnJary 2023.
Responslbllltk$ and basis of rèport
As the charty trustees of the Trust you are resF¥)nsible for the preparatw)n of th8 aceounts in aTr￿rda￿ with
the raquirements of the Chariti8s Ad 2011 {Ihe Arfl.
l ￿pOrt in respect of my examinath)n of ts Trust's ac£ounL8 camed out under Section 145 of the Act and in
Carr￿ng OLrt my examination I have frAk)wed all ap[l￿tle Direci¥)ns gNen by the Charity Ccmmission under
Sethon 14515llbl of the Act.
Indèp•nd•nt •xamlnerfs stat•m•nt
Sincg your charivs gross income exceeded £250.(D) your examiner must be a member of a list8d bi)dy. I
can wifim that l am qualified lo undertake the examination because l am a mèmbèr of the Institute of
Chartered Accountsnls in England a￿1 Wales, whith is one of the listed bodw.
I havé eC￿p19ted my examination. l o)nfimi ihat no material mattws have to my altsnt￿ in connectlon
whh the examlnalon giviro me cause tr) beI￿ve that in any material respect..
alxounbng reC£I￿JS were Th)t kept In respect of Ihe Trust as requir8d by Sfjctic￿ 130 of tho Ad., OF.
the accounts do not a¢ccxd wilh those records: or
the accounts do nrA compty with the aw>lKable requirements rnnceming the form and conlenl of
•ccounts sel OLrt in the Charities (Accwnls 8rKI Rep)rtsl Re9ulat*?ns 2008 other than any requir8m8nt
that the aecounts give a tsue and fair vie•V which is not a matter (￿sidered as pwt of on independent
examinats'on.
I have no c￿cemS ar￿ havg come ￿¥088 no othw matters in ￿nr￿CI10n wllh the eXamina￿n lo which
attention should be drawn in thi8 report in order lo enab￿ a proper underslandiThJ of the accounts to be
reached.
Wayne Tlw)mas ACA
Bates Weston LLP
Chorter&Y A¢￿￿ntsnts
The Mills
Canal Street
Derby
DE12RJ
Dale..

emert of Financi
Activitios
Year Ended 28 Februa
202
2023
Totsl
fijnds
2022
Totsl
funds
unresth.cted Restricted
fur
funds
INCOME AND END0WMEP￿s FROM
Donations and legaC￿S
5,017
328.827
578.786
Other trddillg a¢￿'￿￿'8S
Invastment iwme
192,778
137
157
192,935
137
18,074
Totsl
197.932
328.984
526.916
596.914
EXPENDrruRE ON
Rai&ng lund$
135.240
135.240
11.630
Charltable activltles
PreseThali¢Jn of Th8 Horton Chapel
272.512
272,512
122,179
Totsl
135.240
272.512
407,752
133,809
NEf INCOME
Transfers betwoen funds
62,6
11.770)
,472
1,770
119.164
463.105
14
N•t movomgnt In fvnd8
80.922
58,242
119.164
463,105
RECONCILIATION OF FUNDS
Totsl funds brought fr)rward
22,456
2,809,793
2.632,249
2,169,144
TOTAL FUNDS CARRIED FORWARD
83.378
2,668,035
2.7S1.413
2,632,249
The ncrtes form part oflhesè financial ststements

2023
Total
nds
2022
Total
funds
unrestn.cted Restrbcted
fvnd
fvnds
Notes
FIXED ASSETS
Tangible assets
10
2,S)9.645
2.509.645
2,484.424
CURRENT ASSETS
Stocks
Debtors
Cash at bank and in hand
11
12
5.939
5.939
85,900
214,497
85,9)0
135.288
36,505
147.980
79209
8S.148
221,188
306.336
184,485
CREDITORS
Amounts falling due wrthln cth year
13
(1.770)
{62.7981
(64.5681
136,6601
NET CURRENT ASSETS
83.378
158.3gY)
241.768
147,825
TOTAL ASSETS LESS CURREiir
LIA81LITIES
83,378
2.668,035
2,751,413
2.832,249
NET ASSETS
83.378
2.￿.035
2,751.413
2,632,249
FUNDS
Unreslrictsd funds
Restnclèd funds..
Chap81 renovatbn fund
Chapel renoVat￿n capital fund
14
83,378
22,456
158,39J
2.509,645
125,369
2.484.424
2.668.035
2.609,793
TOTAL FUNDS
2,751.413
2,632,249
The finandal ststement$ wwe approved by the Board of Tnjstees and aLthris&J for Issue on
.. and were ￿gned on rts b*baif by:
¢JJng-
rust
R Salmon- Trustee
The notes fomi part ofthese finanaal statements

Cash Flow Statement
for the Year Ended 28 Fèbrua
202
2023
2022
Cash Ilows from operating activitses
Cash g￿rated from opernlions
16
149.979
466,985
Nel cash providèd by operating acliwiies
149.979
466,985
Cash flows from Inv•stlng actlvltles
Purchasa of tangible fixed a&s8ts
Inlefesl recefved
(83.5991
137
1430,207)
Net cash used in Investw
183.462)
1430,153)
Chany In c•8h and cash •qulval•nts
n the reportlng portod
Cash and cash •qulvalents at t
beglnnlng of the rgportlng perlod
66,517
36,832
147,
111,148
Cash and cash equlval•nts at Ihg end
of thè rnportlng perlod
214.497
147,980
' The notes fomi part of these finanua st2tements
Pa
e16

ents
20
ACCOUNTING POLICIES
Basis of preparing thè financial statements
The financial statements of the tharty, whith is 8 public benafft uThler FRS 102, have been
prepared in accordance wth the Chanbes SORP IFRS 1021 'AC￿untIng ar￿ Reporting by Chariti8S.'
Statement of Recommended Pracb¢* apF4icatrAe lo charities preparirKJ their ac£ounts in accordance
with the F￿anC￿31 Reporting StandaTd ap￿icabb8 in Ihe UK and Republic of Ireland IFRS 1021
leffective 1 January 2019),. Firffjnoal Re(K)rts"ng Standard 102 The Financaal ReForting Standard
applieable in the UK and RepuNK of Irdarvj, and the ch￿tss Act 2011. The financk41 statements have
been p￿pared underthe histrmical cost c¢)nvent*)n.
Income
Al income is Tecognlsed In the Ststemenl ol Finaw81 AcUvlU8s On￿ the charity has enliUem8nl to the
funds, il is probable that the incom8 TrMII be receNed and the amount can be measured reliabty.
Expenditure
Liabilities are reccgnL8ed 8$ expendityre 88 9AJn as there is a legal cf rJ)nstrLth'vé obligation
commith'ng the charity lo that eX￿nditure. it is probable that a transfer of ec#)nomie benefiis will be
required Sn setUam8nt and the 8m(yJnt of the ￿￿0t￿)n e4n be m8asured reliably. Expgnditur8 Is
•ccounted for on an acuuaL8 bas1$ and has been dassrfied under h8adiffJs that aggregate all c¢sts
related lo the categw. ￿ere cosls cannot b8 direcljy attribLrt&J to partKyJlar headirKJs they have b8en
ellocated Io othit*s on a basis c￿nsists￿t wth ￿ us8 of resou￿£8.
T•nglbl• fix8d ts¥•ts
Depreciation is provided al th8 annual ratss in order to ￿tte off each assat'¢)vgr ts gstimaled
useful lrfe.
Improvements lo188sehokl propgty
Fixtures and fith'ngs
2% on ¢￿t
. 20% on cost
T8rolble assets are Init￿lty rery)gnised at cost. After reeogniticfft, under the cost modd, tsnglble frAed
assets are measured al cost less 8coJmu18ted depre0ath￿ any impaimient losses. All costs
Incurrèd lo bring a tangib￿ fixed as80t th its internled c£wM16tion should be knduded in the
measurement of cx)st.
No depreC￿tIOn is charged untd an asset is brought into use.
Stocks
Siod(s are vahJed at Ihe lower of o)st 8nd net reallsatle vkn. after maknr¥J due all¢)wance for
obsolete and sk)w moving items.
Taxatlon
The charTty is exempt from tax on its tharitatrAe a(*¥rt￿.
Fund accounting
un￿51￿Cted funds can be uwj in accOrdar￿e wilh Ihe tharilabk obje¢tThies at ts disuetion of the
trustees.
ResIrfct￿ funds can Lwly be used for part￿lar restricted purFKxes within the objects of the charfty.
Re5trith'ons arise when spec[r￿d by the dor￿ cy vhRn are raised for particular restricted
purFoses.
Further explanati(￿ of the natLre 8nd pur￿￿e of each fiJnd Is Induded in the notes to the finanaal
statements.
Govemment grants
Gjvemmenl grants are recojnised in *then the grant Fffr￿eeds are received re￿1vable
unless future p8rformanc&related cthjitsons are $￿ffied that have not been mel. Grants received
bèfore the ineome reeognitson Lyiteria are satisfied are re￿gnISed as a liabdity.

Fln
rts- continued
Tua
2023
for
DONATIONS AND LEGACIES
2023
2022
Donations
Grants
5.017
328.827
6,678
572,108
333.844
578,786
Grants received, incknled in the above. are as folkhvs:
2023
2022
National Lottery Hetitsge Fund
Epsom and Ewell Bor￿gh Carnc
T8seo
The D.￿Y Carte Chanta￿￿ TnJ81
Surr8y County Council Members. Corniunity AJI0￿S
Kickstart Fund
Accio Cultura Espana
Valenaa Credits {p￿￿¢)u$lY VirKlor)
MGS04
162,858
139,773
275,172
286,045
1.000
3,000
6,891
5.579
18.781
328.827
572,108
OTHER TRADING ACTMnES
2023
2022
Cafe foodldrinks
Performancos Incnme
Workshop and wurne8
Space hire
Other incomè
Empkiyment alhxv
95.965
1,018
16.576
23,541
11,740
157
480
192,935
18,074
INVESTMENT INCOME
2023
2022
Depwl account interesl
137
e18
conlinued...

r thè Year En
RAISING FUNDS
Othgr tradlng adfvltles
2023
2022
Purchases
Workshops and courses
Arts'stic perf¢)miance costs
spo￿ hire
82.709
9,690
40,233
2.608
10,743
135,240
11.630
CHARITABLE ACTMTIES COSTS
Direct
Costs
Pre8eNallon ofThe Horton Chawl
272.512
These costs reL8le to overheads onty. Devdcwnl (J)sts have b88n capitdised ar￿ arg indudgd as
fixed asset limprovemenls lo leasehohJ propeftyl on the balan￿ sheel.
TRUSTEES, REMUNERATION AND BENEFrrs
There wsrè no truste86' remuneralion or olher b￿fft6 for the ye¥ and6d 28 Fd)ruary 2023 nor for
Ihg year ended 28 February 2022.
Tru8tee8' expen
Dtjrfng the year ended 28 Felyuory 2023, expenses totalling £228 were relff**uts8d or paid diredy to
trustees12022- £141.
STAFF COSTS
2023
2022
Wages and salari
Social security costs
Contn"bution lo defined ojntribulion penswjn schemes
9J.982
97,256
The average number of persorts employed by the Charity during the year w88 as fdkxvs:
2023
No.
2022
No.
Charitable servTh worf¢

to the Ftnancl
ear
ontinued
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTMTIES
Unrestricted Resttthd
fund
funds
Tolal
funds
INCOME AND ENDOWMEpifs FROM
Donations ar￿ legacies
10.678
568.108
578,786
Other trading aclivibes
Investment income
18.074
18,074
Total
28.8C
568,108
596,914
EXPENDrruRE ON
Raising furKIs
11.630
11,630
Charltable actlvhlos
Preservats)n of The H¢Mon Chapèl
Total
122.179
122,179
11.630
122.179
133,809
NET INCOME
Transfèrs betw••n funds
17,176
I1.￿)
445,929
1.5QO
463.105
Nel Movement In funds
15,616
447,489
463,105
RECONCILIATION OF FUNDS
Totd funds brought forward
6.840
2.162,304
2,189.144
TOTAL FUNDS CARRIED FORWARD
22,456
2,609,793
2.632.249
10. TANGIBLE FIXED ASSETS
ImpffNemants
Fixtures
and
fittings
leasehokj
Totals
COST
Al 1 March 2022
Additions
2,478.681
51.940
7.179
31,659
2,485,860
83,599
At 28 February 2023
2.530.621
38.838
2.569,459
DEPRECIATION
Al 1 March 2022
Charge for year
1,612
1,436
58.378
7.766
At 28 February 2023
S).612
9,202
59.814
NET BOOK VALUE
Al 28 February 2023
2.480.IXJ9
29.636 2,509,645
At 28 Feb￿￿ry 2022
2.478,681
5.743
2.484,424

ndH
Notès to
Financial Statements- continuod
23
11. STOCKS
2023
2022
5.939
12. DEBTORS: AMOUNTS FALLING DUE YThIN ONE YEAR
2023
2022
Traée d&bto
Other debtors
Prepayments and acCn￿d Ir￿Me
180
6.253
79.467
2.512
33.971
36,505
13. CREDITOR8: AMOUNTS FALLING DUE wrrHIN ONE YEAR
2023
2022
Trade creditors
ial security and olher laxes
Other creditors
Accruals and deferrgd ir￿0
21,361
23,828
22.768
18.881
2,362
10,470
64.￿8
36,660
14. MOVEMENT IN FUN08
Net
Transfers
movemgnl beN¥een
in funds
furnls
Al 1.3.22
28.2.23
Unrestrl¢ted funds
General fund
22.456
(1,770}
83,378
Ro$lrlcted funds
Chapel renovabon fund
Chapel renovalion capitsl fund
125.369
2,484.424
6.257
50.215
26,764
124.994}
158.3
2.509,645
2,609.793
56.472
1,770
2,668,035
TOTAL FUNDS
2,632,249
119,164
2.751.413
Net movement in funds, included in the atrrn are as frJbws.'
Inc*)ming
Resources MOve￿nt
reyjurces expend
in funds
Unrgstrlcted fvnds
General fund
197.932
1135.2401
62.692
Restricted funds
Chapgl renovatron trjnd
Chapd renovation capitsl furn
220.391
108.593
{214.134)
158,378)
6.257
50.215
328,984
1272,512)
56.472
TOTAL FUNDS
526,916
1407,7521
119.164

Notes to th• Financl
for the Year Ended 28 Februa
Inued
2023
14. MOVEMEKf IN FUNDS- continued
Comparatlv•s for movement In funds
Net
Transfers
moven*nl tetsveen
in funds
funds
Al
28.2.22
At 1.321
Unrestricted funds
G&ner￿ fuTh
17.176
{1,560)
22.456
Restrlct•d funds
Chapel renovation luTh
¢hapg1 reMvaUon ca￿1
106.651
2.055.653
426,382
19.547
{407.664}
409.224
125.369
2,484.424
2.162,304
445.929
1,560
2.609,793
TOTAL FUNDS
2,169.144
463.105
2.632,249
Comparatfve net rrwmenl In furKls, inclLvJgd kn the abovo Ore as ftllm..
Incomlng Rgsources Movement
r8sour¢os ex￿nded
in fvjnds
Unrestrl¢ted fund•
Gen6r81 lund
111.630)
17,176
Restrlcted funds
Chapel renovation fvThJ
Chapel renovation camal fuThJ
551,073
17.035
(124,691 }
2,512
426,382
19,547
568.108
(122,179}
445.929
TOTAL FUNDS
596.914
(133,8091
463.105
A eurrenl yew 12 n￿nthS and pr￿r year 12 M(￿th8 f*)rrI￿ is as follchvs".
Net
Transfers
movement betsveen
fund$
fvrmjs
Al
28.2.23
At 1.3.21
Unrestricted funds
General fund
6.840
13,3301
83.378
Rèstrlcted funds
Chapel ￿n0Va￿on
Chapel renovation capital fiJrKI
1C6.651
2,055.653
432.639
69.762
{380,9)0)
384,230
158,390
2.509,645
2.162.3C
502,401
3.330
2,668.035
TOTAL FUNDS
2,169.144
582.269
2.751.413
Paoe 22
(x)ntinued...

202
14.
MOVEMEPU IN FUNDS - ¢ontinued
A cuThenl year 12 months and year 12 mntrts (*mbin&J net moVe￿nI in funds. irduded in the
above are as lollows..
Inc))mwy Resources Movement
resources ex￿nded
in funds
Unrnstri¢tod funds
General fund
226,738
{146.870)
79,868
Rè8trlctod funds
Chapd ronovats.on ftjnd
Chapel renovab.on capital IL¥vJ
7T1,464
125,628
1338,825)
(55,866}
432.639
69.762
897.092
(394.691 }
502,401
TOTAL FUNDS
1.123,830
IS41,561 }
582,269
Restrlctsd funds
Restricted income Indudos grants from ihe Hen'la9e Lottery Fund and Section 106 grant fiJndiro.
These were granted specrfkally lo contribute towards the redevelopment of Horton Chapol and arg
therefore reslitled. Al expendrture through the SL*rnent of Financaal Actiwb'es relating to th8
redevelopmgnl of Pkjrton Chapel is inchJJe•J ￿1n the r88th'thJ fund.
15. RELATED PARTY OISCLOSURES
Whilst on the board of truslo8$, Sleve Tnmm c(mpleled some worf( as an art ILrtor and was pakl thg
chantys stsndard hourly rale for teaching b'me only and invoked the charity as a freelèncer. Work lo
the value of £1.430 12022.. £NILI was invoic8J lo the charity. Al the year*nd there is £NIL owiro in
respect of the 8eryk£s provldthd .
16. RECONCIUATION OF NET INCOME TO CASH FLOW FROM OPERATING ACTMTIES
2023
2022
Not Sncome for the r•portlng perlod per th• Stst•m•nt of
Flnanclal Actlvblles)
Adjustments for.
DepreCIat￿)n charges
Interesl receNed
In¢￿ase in stocks
Increase in debtors
In￿ase In cThJltors
119,164
463.105
58.378
{1371
{5.9391
149.3951
27,908
1,436
(54}
120.424)
22,922
Net cash provlded by operntlo
149,979
466,985
17. ANALYSIS OF CHANGES IN NET FUNDS
At 1.3.22
Cash fksw
At 28.2.23
Net cash
Cash at bank and in hand
147.980
66,517
214,497
147,980
66.517
214,497

Notes to th• Fln
for the Yèar En
ements- continu•d
Februa
2023
17. ANALYSIS OF CHANGES IN NET FUNDS- continued
Total
147.980
66.517
214,497
Paae 24