COMPANY REGISTRATION NUMBER: CE007127 CHARITY REGISTRATION NUMBER: 1168426 The Green Howards Trust Charitable Incorporated Organisatlon Unaudited Financial Ststements 31 December 2023 IPCHASE MANNERS Chartered Accountants 15 Newbiggin Richmond North Yorkshire DL10 4DR
The Green Howards Trust Charitablo Incorporated Organisation Financial Stat8m•nts Year ended 31 December 2023 Page Trustees, annual report Independent examinels report to the Trustees ststement of finanaal activiknes (including in(x)me arml expenditure account) Statement of financial po8ib.on 10 Notes to the financial 8tstements Tho followlng pagM do not fomi part of tho financlal •tatsmants Detailed statement of financial activits'e8 Notes to the detailed statement of finanaal aciivib.es 12
The Green Howards Trust Charitable Incorporated Organisation Trustees. Annual Report Year ended 31 December 2023 The Trustees. are al80 the deCtorS for the pu1$e3 of compwy law, we8ent their report and the unaudlted flnl statement8 of Ihe chwlty for the year erKled 31 DxerTkn 2023. Reference and admlnl¥tratlv• d•l•M• R•gSgtsY•d charity nam• Ch•rty T•oltratlon numb•r 1188426 C¢mp•ny r•glstratlon numb•r CEfM)7127 Prlnclp•l offlGg and rnglt•r•d Regimentsl Headquarte offic• Green Howards Museum Trinty Church Square Rlchmond North Yorkshir• DL10 1AQ Th• TnMt••• Brig {Retdl Cotthup CBE IChl Lt Col (Retdl J N Watt Maior (Retdl P 8 R H(wMon Colonel (Reldl S Fovar9ue MBE Mr P Benni$on Captain (Roldl P Taylor Cokinel J K ttght Cokn•l S Mos• Mrs B Thomlon-Be Captsin {Reld) R Neville Lady Hale DBE PC Mr M G Hinde M8 L A pty11 (Resiwed 85 Chair 1 December 20231 {Rttlgn•d l D•c•mb•r 20231 IR•sSgn•d 23 March 2023) (Pwpolnted 1 December 2023) {Appoint8d 1 June 20231 Comyny ••crntsry Mr N J Duncan Ghlol Ex•cutt¥• Offl¢•r Mrn E J LW(x>ds MBE Ind•pnd•nt gxamln•r 15 Newthgg Richmond Norlh Yorksh DL10 4DR
The Green Howards Tt Charitable Incorporated Organisation Trustees. Annual Report(cu Year ended 31 December 2023 Stru¢turn. qovemanGe and manag•mw The Chaiitable Incorp(Yated Organlsation was established by a con8btubon regi8ttr•d IMth the Charity Gommlsslon w 28 Juty 2016. During 2015116 the Twstee$ r8vi•wed the 8tatsAs Oft charrty and dwdad to seek incorpor•tion. This was effected through the creation of a new ChaIrtae I1rated Org8ni¥ab"on ICIOI and the subsequent transfer of a888ts from the unincorF4)rated Charitab trust {regislered tharty number 291931} lo the CIO on 1 January 2017. Th& transfer wa6 Part of a restructure induding the transfer of assets from The Green Howards Regimental Museum and The Green Hovrdrd¥ N¢xmanty mem41 Trual lo the CIO as their • succ•880r. The Chanty Commtssion has also granted a scheme to appoint The Green Howards Tru8t a8 the 8016 Trustee of The Green Howard8 Regimental Musoum. Hi81orfcalty the Trustees have been fomier ¢)ffiLrn of the Wt. The current TfU8t••• hw¢ begun to broaden the Trust base and wll witinue to do over the medium Igm. Trustees arè made aware ofthe Chaiibe8 commi88K r•gulat ty the seuthry. The Tru8tee$ mett fomally four ts'm•8 per year. They 8¢t and rnonltor th• annu•l budw and agr tralogy and future plon¥. TVK sul>wimltt••s hava bean •stsbllshed •thh rnport to the board., a museum executivè committeo, which 18 Tg8F*xMible for the over8ight of the mus•um. and the Invutrnent commthe. The museum Dlrector, Lynda Powell, had day lo d•y spOnsIbl1 for the museum, retlred In May 2023. A nsw Chlef Executive Officor posth'on was created #nd Emma ld0 was appoint•d lo the new role In Septsmber 2023.
The Green Howards Trust Charitable Incorporated Oryanisallon Trust. Annual Report Y•ar ended 31 December 2023 Obj•¢llvo8 and actlviti The clwrity's objects are, forthe puNOc ben8fit To advance education in partKular Ixrt not exduBP40ty by the wJvi$b)n of The Green H¢)ward$ Musum and the preservatlon arKI malntsnance of thè Regimèntal Collection. To pron the effiuency of the aed fcKces by UFbokling the tradths and ethos of the Green Howd8 Reglment and perpeknatiryj its deeds. The TrusV8 Vlsion for the muwim 1$ lo be the best County Regimental MUum In Ihg county setting the quallty stsndard inte1pretstn, audrtt engagement and access to Colladn5 The Trusfs mi$$ion stslament for the museum is to use the regimental cdions to stimulate and insp1 SO that diverje audien¢e8 understand ants valve tho role of the Green Howards and the York8hir• Regiment in nation81 and w)dd èvents. This vision arKI mmsion have shape(I the Trust's long tem aims and obh8th95 lor the MuuM wthich we to.. Provid• a Btimulating •nd •ngaglng ¥lsiiof èXFert8ncè th crnales a connécuon bthnen the public and the Amiy. Crnate In•plrational ¢Mi•8 and kYogrnmme• that iupport *mlng at all Btage8 of Iwe. Develop arKI ¢nhanGo Ihe museum collecti 80 that w• availablg for fLrtur• generation8 to u8• and enjoy. Develop the Trust's finandal ar ¢xganl8atlon•l to eUPPOrt the rnffj¢um 4nd It• athlil•8. The Trustees have paid due r•gard to gUbdgrKe Mued by th• Charlty Crrfnmllsl In dedding what advllie$ tho Charity should undertake.
The Green Howards Trust Charitable Incorporated Oryanisation Trustees. Annual Report{¢thw•dJ Year ended 31 December 2023 Achi•v•m•nts and p•rformanc• Thi¥ auntIng period has w a number of key tharvjes both in the govern of the Trusl and in leadeT5hip of the staff at the Museum. In late 2023 Nick Watt stood as thwr, a pos7 he hekl Sin 220. We are grateful for his stewardship, parttcularty nawgth'ng through the challenges of the Covid pandemic. He ha8 agreed lo rem8in 09 a Trustee for now After dua Èwocegs David Colihup Wds 818Cted as chair. He is al80 Chairman of the Green Howrdrd5 A55ociab'on and Reprvswrtatrve Colonel for the Regiment, %thlch is an added benefit when looking at how the Try1 synergises rts strategy go9 forwards. Two other Trustees have opted to sland down sIe the last report. Sincère thanks are recorded for the individual and collective dedication over many years from Mrs Bddget Thomton-Bery and Mr Pete Benni80n. Perhapj the big9est change in the year was the deparre after almost 15 years of the Director of th Museum, Ms Lynda Powell. Her ba¢kground of museum curation ha8 over that time Iran5fomed how th¢ Museum has Pfofes8sDnalised the CataqUIng. ar¢hiving. preseNatn and display of the 118Ction. Ms PoNbll w41 al •t th• heart of th• MLtseum Tefurtx'shment and modemi8ab.on 10 years ago along with th• d•vel¢pm•nt and training ol a profes8lonal tyjralor cybllty in th• Mu8•um. She 88 llchV104ned u8 as a Truslee vthere her dopth of ¢xp¢ri¢rK¢ has Ln hugety benelktal. The Tru8tee3 opted not to r•¢ruit 8 l• for Ilk• rnpl•cement and instead •oughl and found a Chlef Exe¢utive Offer to Wofk wilh the Trustees, lo oversee the Museum operation and tske ¢harge of strategy coordinath"on. Mrs Emma Woods stsrted Ihe CEO in September 2023 and the Trustees are grateful for th? energy and wofe881on8118m that sho h•$ twht to thbo r(¥le. Wo also recognise, end are thankfrjl for. the hard vA)rk and dedication of all the staff and our Volunteers. wrthout V•thom w• coukl not deliver the excdlerKe we striv¢ for. The Tru8tee8 rnm¥in fvlty foeus•d on dèlivering the strategy *41ich wa8 agreed in May 2023. There 1$ • d•ar under8tarKllng that It Is amblboui and wlll hold a number of challenges but ultimately is the right dlrection lor the Trust 10 move in. V¥lth a vl8lon to Insplre and infomi present and future generations vith the story of Th• Grttn Htyward8 and to achwe thi$ on an in-pefpeluity b¥$i$ maAns Ihwe will be Signrfunt fvndraiwng to be achwed over th• next &10 year8 lo ensure the Tru8fs ndowTnenl can $upport the ¥ision. In the shLwt term it 111 algo create the financial r88ilience lo waathtt the cessation of MOD funding to Museum in 2030.
The Green Howards Trust Charitable Incorporated Organisation Trustee8' Annual Report(c Year anded 31 December 2023 Achl•Y•m8nts and p•rforn)anc• Museum Rer The museum had 6,796 Nryiftor8 during 2023. The collection ¢tinUed to grow, yth 719 new object recffds entered onto the catslogulng $y¥tem MODES. Of these, 403 were (Sjnated obie¢ts wfiile 316 yre logued as part of ongoing ¢ollection$ projects. Cataloguing of the existsng colleGtMM Iws fosed on rtems rebats.ng to D-Day to Co1lde wth researth for the 2024 exhibltion programme. 2023 saw the restart ol museum's Leamww Prooramme. ilh a signfficanl irKrease in Inte$1 from 6chools and •ducation81 organisth'ons since the Covid-19 pandemK. 5 Museum-led V•x>rkshops were dèlivered, engagiw a totsl of 141 p•ople. Museum staff also featured on the BBC Bf(esize Career8 pand at Rlchmond Sthool, engaging a fvrth•r 862 younq people about working life and working in museums. 01 th8 6 total évents. 4 delivere(I to Primary Schools and 2 delivered to Socondary &hools. Thts most requested lopK was Wdr11. Hom• Front and •ll the group$ e8me from North Yorkshire or County Durham. The museum team al80 took part k)'ArchNe8 at Du. run by North Yothshire County Records office, vthkh wa8 attended by 200 poopl•. They d•liv•r•d an online vh)rkshop lor a Milltary Museum8 Nefvrk on how to share collections d3italty and delivered 11 tslk8 on milrtary hiblory. The museum held Iv1 large exhibthns ¢O¥•fln9 th• •ntre svound knr of tho muwm.. t of 'Cf¢ated in ConfflKt' lopMed April 20221 and openirw In April 2023 'Greal EsGaFes'. The 'Great Escape, exhibits.on $ created entirety from the mu8eum's exi$tlng colleth.on and rèsearch into individual's stories. 11 degcribed tr expeiEnos of Prisoners of War, escapism and events In Italy as 11 a8 examining th¢ Stories of irtid41 wldlers vkno e8eaped from Camps •ntJ thelr travels back to safety. The exhibition wa8 upJ•led fr•8h donallons given to the museum by members of the public who l•amed of th• 0xhljilK. Our tree exhlbllbn spa¢• In the •hop highlighted key events nationally and kxally, vth 'King and Country, looking at the Telatlonship tttsen monarchy and the armed $eNce8 and from May lo the end of 2023 We Are Golden,. an exhibitiw ¢elebTatr'ng the museum's 50th 4nnlver80ry on Slte at Trlnty Church. Durfng the Jummer, w• b•gan r••earch for rDaY and th• Norm•ndy Campalgn. fomlng a dedical•d researth group from our exlstlng volunteer team and a few n•¥ addrtlons. Each ¥olunl••r look nership ol k•y topi¢• and ements of th• exhibition. woduong which has infomed research requests, exhibrtlons and artid•¥. The team remarked a high lev•1 of 88ti¥f#ctkn and museum Staff noted a significant in¢rnase in •nthusk?sm. engagement and qualty of V•vrk. The model worked wèll and 18 #omething to lak• lopId in fubJre plwlning. Due to rising costs, a dedsbn was made by the trusl to IncrSe the price for admlssion. This led lo an increase in Incor from adml88ion. The MM ¢tInUed to collaborativety with the other tourist attraGlions in Richmond by taing part in the Town Ticket scheme and producing map¥ and 16afio1o for vl$ltoTs trj tho 10 In 2023 the museum cdebrnted 50 yearn of t*ing In its current l¢Jckn"on in Trinty Church Square. As part of the celebralions and wrth help of the Friends of the Green Hlhvards Musewn, a fundraising campaign was set up to raise money tthvarfs the refijrbishmerrt of the Nomanby Room £7 976.50 was raised by the Friends. wllh a furfher £3.107.00 coming from the Green Howards Association, and £1.826.50 from funernl donations. thrk began on the Slonewofk In the Nomianby Room in the summer and wll be corred in January 2024.
The Green Howards Trust Charitable Incorporated Organisation Truste88' Annual Report(C7• Year ended 31 December 2023 Achl•v•m•nt• and p•rfomiance A grant was received Irom Museum Develownent Ycltsshire to Vestige possible ineA)me 8tre8ms lor the museum. This th stsrted in November. with the help of a consuM•nt from Tourism UK. and wlll be completed in February 2024. A prO¢t was also undertaken with sbJdent8 from tho bu$in8SS school at Leeds Univernty Iknn9 at audien development. Flnan¢l•l r•vl•w The trust holds the maN>rity of fts assets Mi investments and cash. The Tru8tees aim, over the madium tem. is to Set a budget that balance8 the i1orne from inveslmtrnts, the incort eamed from the museum and fundralsing expendrture. Glven the liquid nature of the imiestment assets th Trustee$ do not f¢el th• need for a fomial reser8 Th6 inve8tments are manayd on a (Ilscrthnary ba818 by profe88ional fund managers. The Tru8tee8 revlew the Investment mandate annually ar¥J deleg8t• monitoring of the management and p•rfonnan¢e to an Inveslment sutrtrcommthe•. The ryirrtnt mandate is to inve8t for grovhh. The Tkwitees conglder the maln rfsks fadng Ihe trust lo be., The withdrawal of grant8 from thè Minlsty of D•f•nce in #uppryt of the muwm. Thls 18 6xpectsd in 2030 Th• Tru•t•è8 8r• looknng to inc¥e•so investment i1orne by this time to counlw this. Under.perfomwnce ol Inv••trNnt 3880ts. A divesting evenl at the mu8eum. The trust has a risk management Strategy klentifi•8 the risk to the trust under the folknmng heading•', strategic, opernb"onal. museum. finanoal, legal, compliance and governance. The museum al80 h88 an emergency plw. During A review of the accounts the Trustees bocame aware of hlstortc amount$ belng held as r•itricled funds wl)Ich no longer have restrthe cthenants. This has been re801ved by transferring the relevgnt ex¢o88 from Restr18 funds lo Unrestncted fund8. For tho y••r ¢nd8d 31 D•c•mber 2023 the muwim ha• hod irKoming r••our¢•• of t232,417. all of 4thiGh havo bMn unr•8trkled funds. vthilst rtgoing resources totalled £367,131. of whi¢h £39,315 related to restrirted xlivthes. The outgoing restricted lurmls relat• solety to depreciation ch•rye, on the capital acqulslb'onj. For thg ye•r, after r•¢ognising the gain8 on in¥eskn•nts. the musaum had an overall 8urplus In fund8 of £42,908. The trust had relained funds at the eryj of the financsl year tsf £3,95S.859, of whlch £482,333 rel*ed to ro8tri¢ted ndS vAth the r•mainirw £3.473.526 being unresthcted.
The Green Howards Trust Charitsbla Incorporntsd Oryanisatlon Tru8tsos' Annual Report(¢* Yoar ondod 31 Decembèr 2023 The Twstees. annual report vras appmved 10 Juty 2024 and swjned beha of the board of Trustees by: Brig {Rddl Cothup CBE IChairnMn> Truste•
The Green Howards Trust Charltable Incorporated Oryanlsation Independent Examlnerfs Report to tho TnmtO of The Green Howards Tru•t Year ended 31 D•c•mber 2023 I report to the Tru8te88 on my exanNnalion of the ffinan stslements of The Green Howarfs Trust Ilhe tharlty.) for the year ended 31 Dmber 2023. R•spon8ibilitie¥ and bu58 of r•port As the Trusteu of the charity, you 8r• responsibl& for the prepar•tion of the ftnanci81 stements In a¢¢ordance with tho requlrements of the Charities Act 2011 (the 2011 Act). l TeF¥Yt in respeGI of my examinion of the thonty's final1#1 $tst¢ments carTOed o(rt under sectkn 145 the 2011 Act. In carrying OLrt my x8minth'on I have followed all th¢ applble Dire¢bons given by the Charity Commiwon under aeckn 145(5)(b) ofthe 2011 Ad. Ind•p•nthrt •x•mln•es stat•m•nt Your attents'on is drawn to th8 fact that the ha8 Pre[el flnarKial 3tstetrts in 8Gwrdance with Accounts'ng and Reportlng by charfts.es preparfng thek accounts in accL7rdan vth the Finan¢lo1 Reporting stsndaffj apble kn the UK arKI R•wblk ol Ireland {FRS 1021 in prefenCe to lh• Accounting and Reporb'ng Stsndard by Charits•8'. Statement of Ree4Jnmended Prxte Ied on 1 xil 2005 wthich is referred to in the extant wulatK)ns but hos now been wthdrawn. l underntand that thi3 h88 been d¢)n• in order for finorMI $tatemonl8 to pro¥th a true and falr vlow In a¢cordan¢e with Generalty Accepted A¢wJnling PractK• le¢to for reportiT¥J perfods beginnlng on or 4ft•r 1 J•nuary 2015. I have compted my examinatton. I confirm that no matters have ¢om lo my attention in connection Iwth the examinob.on giving m& cause to ljelleve tha¢ in any matwial respts¢t'. 1. a¢¢ounling records VI not kept kn respect ol ts Charlty as requirtd by Section 130 of the 2011 Act., or 2. the flnancial statements do nX accixd tr88 rKryds", or 3. the fln8n¢lal Jtsl¥monts do not compty wlth tho aprAicable requirnmonts cMc•mlng the ft>mi and content of accoynls 8et out in the Chanties IAcwJnls and Reports) Regulations 2008 other than any r•qulremenl that the a¢Un 91¥• • tru• and fw"r ¥i8w which b• not a matt•r ¢on8Mder•d 88 Part ot an indapendenl examination. I h*v• no conc•m• and have comè acths no other rnattfjrs n cOnb0 tmth the examinalon to which 8tt¢ntion Should b• drawn in thii report In ordw to enable a woper unJer8tandlng of the fin8n¢ial statements to be reaGhed. SaTa-Louise tlickman ACA Independent Examin 15 Newbiggin RiGhmoTh North York8hlre DL10 4DR
The Green Howards Trust Charitable Incorporatsd Organlsation statom8nt of Financlal Activltles (includlng income and expenditur• account) Year onded 31 Decembor 2023 2023 Urtrthd Restrkled fijnds furKl$ Total fvnd• Totsl fvndjj 2022 Incomè and •ndoinpA Donation8 and grants Char(tabl8 activTties Oth•r trading aetivfoe8 Investment income 72,586 45.618 47.697 &8.516 72,586 45,618 47,697 66.516 232.417 62,343 32.263 44,654 67,443 Total Inct)mè 232.417 206,703 Expondltyrn Expendhure on Tai3irwJ fvnd¥'. Raising funds Costs ol trading aclfvlb Inve8knent managem•nt co•t• 10 Expendhure on Charitab acbvth'è$ 11,12 Totsl •xp•ndlturn 123.0241 132.776} 118.754) 1253,262) 327,816) {23.0241 {29,809) 132.776) 126,5551 (18,7541 121,6941 139,315) (292,57TI 1284,2141 139,315) {367.131) (362,2721 Net gainsll1088e81 on Inve¥tsrnnts 13 177.622 17T.622 1312,491) N•t Incom•ll•xwdlth) 139,3151 42,908 1488.060> Tran81er8 b•Meen lurKI$ 99.124 {99,1241 N•1 rn•m•nt In fun 181,347 (138,439) 42.908 1468.0601 R•con¢lll•tlon of furtd• Total funds brought foplrnrd T¢)tsl fvnd• ¢•rrl•d lorw4nl 3.292.179 e20.772 3.912.9S1 3,955,869 4.381,011 3,912,951 3.473,526 482,333 The #tatement of financlal acJvbts8 IndUd al galns and bs8•• rn¢ogn18•d In the yoar. All Income and expendliure derfv• from ry)ntinuing acti¥ibts. Th• nots• •)n pago 12 fwn p•rt ol thew fin•nchl tstom•nts.
The Green Howards Trust Charltable Incorporated Oryanlsation Statement of Flnanclal Posltlon 31 December 2023 2023 2022 Flxgd 4s••t• Tanglble fixed assets Investments 18 1,085.945 19 2.821.666 3.W7,611 1,183.798 2,670.393 3.834,191 Curr•nt ••••ts Sttxk¥ Debtors Cash at b8nk and bn hand 20 21 27.035 8.911 56.403 25.061 4,758 76,429 106,248 92,349 Cr•dltorn: amounts falllng on• y•ar N•t curr•nt •M•ts {44,1011 48,248 {27,488} 78,700 3.912.951 3.912.951 Totsl *M•t• l•M Il•blllll•• N•t •M•ts 3.955.859 3,955,859 Fund$ of th• ¢h•rlty Restricted funds unstrICted fund8 482,333 3,473,526 3,955.859 820.772 3,292,179 3.912,951 Tol•l chaTIty fund• The statement of financial position continues on the following page. Tho n¢)t•s on page 12 fonn p•rtof th•M Ilninclal stslenwn 10
The Green Howards Trust Charitable Incorporat•d Oryanl8atlon Statsment of Financial Positlon (c0 31 December 2023 These financial ststements vAre approved by the board of Trustees and authori8ed for issue on 10 July 2024, and are wned on behalfofthe Lwd by." Brig {Retdl Cdthup CBE(Choimian) Trustee Th• nots* on 9¢ 12 f¢nn IIKW flnanclal 11
The Grnan Howards Trust Charitable Incorporated Organisation Note$ to the Financlal Statements Year ended 31 December 2023 G•nernl Inforn The GTfj Howards Trust is a CharItae Incowtyaled Organisalion estsbllshed by conslriuiion and re9Otered with the Charlllo8 Crnwion. Statsm•nt of c¢xnpllanc• The accounts have been prepored in x¢0[dar with the chority's constitutlon. the Charitges Act 2011 and"Acuiunting and Reportingby chant.. Statement of RecDmmend8d Pradice applicable to charities preparing trir aceounts in accor(lanee vnth the Finan¢lal Reportlng Standard applicable in the UK and Republic of Ireland IFRS1021' (88 amended fof ac¢ounting poriod8 comm8ncirvJ from 1 January 20161. The charity Is a PulAic Benefii Entity as defin•d by FRS 102. A¢¢oundng poll¢l•8 Ba•1¥ of pr•p•rntlon The flnancial •tatements have been wopargd on the hiitorical cost b4s1s, a8 modlfled by the revaluation of cert•'n finan¢lai a88ets and liabili5 and investment propertle8 m•asured at fair vllue through Ineome or $xPWMlUrè. The financial statements are pr¢p•d in thrling, thich 1$ the furtlional currency of the Gakny ¢onc•m There are no material UnCertatieS about the abl to contwiue. DIBcIurn •xwnptloD• The Charity h98 t4k•n adv•nt48 of the pslon In the SORP for cMrl¥ei applylng FRS 102 upjate bull•tln I not to prepare a teMent of ca•h Ilow. Judg•m•nts and k•y •oure•• o1••tkn•tI wK•rtalnty The preparation of the fmana81 ¥tstemW rnquim manayment to mak• jUdMents, e8bm8le8 And assumptions th affect the amounts rewrted. The8e estimatss and judgements are ¢(mlinualty revith¥ed arKI are based on experience and other factors, including expectation• of ftrturo ents that are beIved to be reasonabb under the cir¢um8tanc*s. 12
The Green Howards Trust Charltsble Incorporated Oryanisation Nots• to the Financial Statoments Year •nded 31 Decembor 2023 AcGountlng poliGiM It is th8 policy of the CIO not to capirallse heritage a55•ts vthi¢h cxjmpromise the Regimental Collection of medal8. The8e in effect Inalable, hekl in perpetuity. and are mosuy irrep18ceable. Any finandalty based ValUaty" Duld be misleading to th• value and signffican¢8 of the rnaterial ¢uAure involved. The CIO ha$ a dear duty of care trrf tIe assets and to make them available for the enjoyment •nd educats.on of the public 89 far as possible. commensurate with their long term care and preservat)n. The hwJhe8t P088ible Stsndards of collectlon manggement are applbed, and the catalogues are made available as widety 08 possible to facil'rtalè all ¢rquiries and requests for infonnion, Subject to appropriate secunty and data protocllon guthline8. Fund accountlng Vnre$triGted fund ar• availab for u8e at Iho dlxrekn uf the trustee8 to #ny of th• harty's purpo8ei. D•signal8d fund• are unreJtriGtad fvnd• earnithod by tho Inlee5 for partAIr fvtur¢ project cornmlknenl. Rostrlcted fijnds are 8ubJected ta rt8trktkni• on their èxwdlture dedwed by the donor or through the temis of an apwl, and fall into (Th of t1 su10¥$•.. r•stricl•d income fund8 or 8rthwm•nl fund8. Incomlng rn•ourc All incoming re8ourc•$ are Induded in the statement of flnanaal Ythen •ntitlement ha8 pa5$ed to th• ¢herty', il is wobable that the economic benefits associatsd wtt) the tr•nsactlon 11 flow lo the chanty and tho am¢)unl can r8Uabty measured. The folloikYJ 5Podfic policies are applled to porbGul•r categone# of ir)come.' Income from donatbns or grants IJ r•c4Nni8ed wknon th•rn i• den of entirn0ftt lo the grfl, f•CeiPt li probable and its amount can be measured relobly. acy Incom• is reco[1• rKoipt r4 probable and entluemgnt 18 establl•hed. IncMe from donaled goods is measured at the f•lr v8lue of the good8 unle8$ th18 11 imprnctical to measure rgliabty. in 7•hich case the value 1$ d•rived from the cost to Ihe donor or the estimated resale value. Dfftt•d facilrties and urv•8 af8 rocognised in the accounts whgn recewed rf the value Can be relvabty measured. No amounts Are included lor the contribub.on of gener81 v(Auntgers. wicome from iy)ntracts for the of Serv85 li recognised with the delivery of the contracted seFvk¢. This is d•s¥ified 08 unre8tri¢iad frjnds unless re ¢5 8 contrathial regulrement for it to be spent on a partieu PUTPW and relum8d rf unspent. in which case may be regardod as restn¢tsd. 13
The Green Howards Trust Charltable Incorporated Organlsatlon Notes to the Financlal Ststements Year ended 31 December 2023 A¢¢ountlng poll¢lo• feonth R•sou •xp•nd•d Expendliure is rerogni$ed on an a¢wls b•si# as g liakn'lty w incurred. Expenditure includes any VAT cannot be fully recovered. and Is da86ffjd undw headings of the statement of firn¢la1 ti¥le3 to it relates.. expendrte on raising Yund$ Ihe c08ts of all fumlralslng acti¥itie¥, nts. non-charit•bl• trading actiVQ$, And the sale of donaled goLxJs. expeTrJiture on charitable Kli¥ibes irdea all eo Incuffed ty a charty In undertaking acuvlties Ihat furlher its chanl#ble aims for the benefft of its bènollciories, including thoge support costs ¢osts rdating io the governa of the tharity apportioned to Gharitablo ath"vrties. other expenditwe indu¢Ju all expenthlLn that 18 ndlhw related to raIng fulth for the tharity Mr part of it• pendIbjro on tharltabl• •Xtrth8. All ¢osts are aled to exFtndrture G&tegone8 reil•¢Ung the u80 of the r88our¢e. Dirèct $t1 attn'butable to a single octivty art allted directy to th4t actity. Shared costs are apportioned b•fvMen the a¢tivrties IW ¢ontritJuts to on a reanabl&, justifiable and con$i8tent ba818. Tanglbl• ••Mts Tangible assets #re Inltlally recor(led at (>)st. ¥tatsd at ¢08t lesj any a¢cumul¥led depreciation and Imrment h)$8es. Any langible a$sets carried al revolued amounts are recorded at the fair value at the d•te of revaluats'on any 8ub8equ&nt accumulated depreciation and subsequent accumulated imp8lmient1088eg. An Increa80 In the carrying of an as8•t •8 8 resuli of • rnvalution, l• r8coqnl88d In other recognised gains and losse8, unle¥s it rever3eB a thafge for impaim•nt that has PVufy b80n recognised 88 txpanditur? wilhin Ihg 8tatemènt of finanrial ad1v.88 A d8erea$• In the caryiNJ amount of an uset os a re8utt of revaluats"on. is rgcogni8•d in other r•cognised gains and 1088e8, •xcepl to vknich rt offsel$ any prevbus revaluation gain, in lCh ¢8se t1 10 Shown within other recognls•d gwns an¢J #Se5 on the statement of fin•rKial activ1•8. D•pr•clatlon Depreciation i¥ ¢Jlculated 80 as to wrfte off the cost or ¥alu8tton of an 8s8et. le88 its rosldual value, over the usefijl economic Iwe of that asset as follm.. Long18asehokl propert 2% 8twht lin• Fixtures and fftb'ngs IO% straiglrt line Equlpment 3 years strw.ght line Inv••im•nts Unlisted equty invesbnents are In'allY re¢ded al cost. and subsequentty measured at fair value. If fair value cannot be reikrybty measured. assets are measured gt cost less impalmnI. 14
The Green Howards Trust Charitable Incorporated Oryanisation Notos to the Financial Slatements (c Year ended 31 December 2023 Acwinting pdlcl•• {eonthu•d) InvlM¢n Li8t•d investments arè mèaiurnd at fair ralu8 ilh changes wi fair value b8ir4J rwniged in income or expendilure. Stocko StcKk3 are measured at the of cost and estimated selling price les8 costs to complete and $ell. Cost indude8 all cojts of wr¢ha8e, costs of Convers and other w$t8 incurred in bringing the stock to rt$ present location and condlb'on. Government grnnts Govemment grants are Tecognl8ed •1 tht fatr vall of ao091 rwilvad or re1¥able. Grants are not recognised until there is reasonable assurance that tho chlty wll comply the ¢onditlono attKhing to th•m and th• gr•nts b• r•cobV•d. Where the grant does nat impose SFttrfd frjture performan¢trrelaled condf(ion5 cli the reclpienl, it 5$ recognised in income when the grant proceeds are received or receivable. tre t giant does impose specffied future perf0Mnce-re1ated nd4on8 M the wlplent, It 18 recognised in irKome only when the porfrn¢+relaled conditions have been m•t. ere grants recelved are prfor to satisfylw the revenue recognition ria, they aro 09n1ed a8 Ilablllty. Flnan¢l•l In•trum•nts A financial 8$8•1 or a fm•ndal Iwbilty i8 recognmed orty then tho enlty b•ctsnes a party to the ¢ontractU81 provi$knnJ of tho inslwmenL Basic financial instrumonts are Inltlalty Tewnl$•d at the amount r•cetvabl• or payab Includlng ony related transaction co•t•. The ¢h8rity doe8 nol u•e #ny fy1¢141 iMtrum•nts ¥hKh ar• d•8med to b• noTrbaslc. D•firnd ¢ontsllxrtlon plin• ContribulwJnJ lo defined ntributiOn plan8 are r•¢ogni8ad a• an expen8e in lh8 perlod in vthleh the related ser¥ke Is provided. Pr¢pald contributions are recogni8•d a8 •n a88•t to the èxl&nt that the pryyment ¥AII1gad to a rnducbon in future payments or a cash refund. Donatlom •nd grnnts Unrnstricted Totsl Fund• UnrwJtricted Totol Funds FLnds 2023 Fund$ 2022 Donation• General donatiom Collen Collirts donaiions 1S.161 10.000 15.161 10,000 19,476 19,476 13
The Green Howards Trust Charftable Incorporated Organlsation Notes to the Financial Statements i¢on Year onded 31 Dgcomber 2023 Don•tloM and gr•nts Unrestrithd Total Fund• Unrn8trieted Totsl Funds Fund• 2023 Fund¢ 2022 Grnnts MOD wages grant Art fvnd Friends of th• Gr••n How• Museum Govemmnl grant Income 23.590 23,590 24,485 1.752 24.485 1,752 23,835 23.835 3,879 12,751 62.343 3,879 12,751 62.343 72.586 CrItabl& •cllvl#•• Unrn•trld•d Tot1 Fund• Unr•stricted Tclal Funds Fund¥ 2023 Fund$ 2022 Admi88lon$ and museum events Di9$8On 40.859 4.759 45.618 40,859 4,759 45.618 32,283 32,283 32,283 32.283 Olh•r hdlng acUvlU•• unrostr Totsl Fund• Unrnstrlcted Total Funds Funds 2023 Fund• 2022 Shop Ml•s 47.697 47.697 44,152 502 44,152 502 47,697 47,697 44,654 44,854 Inv••lm•nt Incom• Unreslrthd Tol•l Funth Unmirtcted Total Funds Funds 2023 Funds 2022 IrKome from listed investnw)ts Bank int•r•st rec¢Nable 86.405 111 86.405 111 67,422 21 87.422 21 86,518 e6.S16 67.443 67,443
The Green Howards Trust Charilable Incorporated Organlsation Notos to the Financlal Statements (c Year onded 31 December 2023 Ral•lng fvnd• unrestred Totsl Fund• unrestn.cted Total Funds Funds 202J Fund$ 2022 Adverbsing Exhibitions and Speual pmjects 18.522 4.502 23.024 18.522 4,502 23,024 5.726 24,083 29.809 5,728 24,083 29,809 Costs of dIng •ctl¥ltl•• Unrestrithd Total Fund• Unre¥tri¢t¢d Totsl Fund8 Funds 2023 Fund$ 2022 Shop ¢oits C4fe costs 32.778 24,932 1.823 24.932 1.623 32.778 32.778 26,555 26,655 10. Inv••tm•nt maMg•m•Tht eo•ts Urrntr Talal FundB unStrICted T¢)tsl Fund8 Funds 2023 Funds 2022 Investmenl m•nagiymenl char9•S 18.754 18,754 21.694 21.694 11. Expondliurn ¢)rt ch•rftabl• actlvltlu ty fvnd typo Unrestn¢aed Re8tnGtgd Total Fund• Fur$ 2023 Museum ¢08ts Supwt co•t• 254,066 IT941 39.315 293,371 1794) 292,577 253,282 39.315 Unrestricted FurKI# R•$tncted Total Funds Funds 2022 Museum costs Support e08ts 246,491 (1,593) 244,898 39,316 285,807 11,5931 284,214 39.318 17
The Green Howards Trust Charitable Incorporatsd Organlsatlon Notes to the Flnanclal Statements (¢ Year ended 31 December 2023 12. Exp•ndlknr• on Gharitsbh •thibo• by actlvlty typo undertaken diredty Support Total furbdR 2023 Totsl fund 2022 usoum costs Govemance costs 293,371 293,371 17941 292.57T 285,807 11,5931 284,214 (T941 1794) 293,371 13. Nol In•l[lo11¢8) on Inv••thM unrtricted Tol•l Fund• Unr•strict*d Totsl Funds Funds 2023 Funds 2022 GaIn{SlI on1181ed Inve8lm8nts 177.622 177,822 (312,491) {312,4911 14. N•t InwbwU•xp•ndknr•l Nel IrKom&llexpenditure) is •tat¢d •ft¢r chargirWlueditfingl'. 2023 2022 D•predatlon of tanglblo fixed 888ets 79.433 79,356 16. Ind•p•nd•nt •x•mln•tlan f•8• 2023 2022 Fees payable to the IrKlependthtt examiner tr. Independent examinolion of the financial Slatements 4,500 4.500 16. Staff co#ts Th• totd Staff eosts and employoe benefft8 for tho roporung pwh)d we analysed as follows. 2023 2022 Wages and salarie8 Social security co8t• Employer contrlbulfjonl to P8n8lon plw 147.149 7,295 4.425 127,$41 6,107 5,857 158,869 139,505 The average head (u[rt ol M)ployee8 the year wa5 612022.. 71. The average number of full-time equNal•nt onyknyees iknring the year is anatysed as fo11tr. 2023 2022 No. No. Mu8eum 18
The Green Howards Trust Charltable Incorporated Organl8atlon Notes to the Financial Statomonts (e Year ended 31 December 2023 16. Stsff COBts {eonthu•dJ No emptyee received employee benefits of me than £60.000 durlng trE year12022'. NIII. 17. Trn8t•• r•muTh•r•lion •nd •xp•M No remunerallon or other beneffts from •mpknymènt WTth the charity or a related entty were received by the tru8tee8. 18. T•nglbl• fix•d a880ts Freeh)Id 18asehokl Flxlures and prq)th Ixoperty fth'ngs Equipment Total Cost Al 1 January 2023 Al.0n$ 20,000 1.049.824 582.465 11.773 1.864,062 1,580 1.580 13,353 1.865.842 At 31 D•c•mb•r 2023 20,000 1.049.824 582.485 D•pr•cl*tlon At 1 January 2023 Charge fDr the year Al 31 D•c•mb•r 1023 128,936 20.996 149,932 359,555 58,247 417,802 11,773 500.284 79.433 11.963 579.697 Carrylng amount At 31 DoGomb•r 2013 20,000 899,892 184,863 222.910 1,390 1,085,945 1.163,798 At 31 December 2022 20.000 920.888 19
The Green Howards Trust Charitable Incorporated Oryanisation Notes to the Financial Ststements (c Year endod 31 Decembor 2023 19. Inv•sbngnts Cash ty cash Listed eryrialents Investments Total Co¥t or ¥aluatlon Al 1 Janu8ry 2023 Addrtsons Oisposals Fair value movements Other movements 11.523 2.658.870 2.670.393 608.260 608,260 (512,9971 1512,997} 49,062 49,062 (80.079) 8.948 2,723.118 2,821.668 87,027 At 31 Do¢•mr 2023 98.550 Impalmi•nt At 1 January 2023 and 311)•wnb•r 2023 Carrylng imount At 31 O•c•mb•r 2023 98.550 2.723.118 2.858,870 2.821,686 At 31 Decemb¢r 2022 11,523 2.870,393 All Investr)ents 8hoMI above we hevj at valuati¢)n. Fln•nclal u••t• h•ld at falr v•lu• The Green Howards Tfust 1$ the 8oSe trustee of The Green Htyrds Roglmental Museum Iregi8lered charity number 272645). Th Tru a8•UM eontrol ov•r th• #ub8idi•ry on 1 JAnuary 2017 whon it b•came the trustee. A Inhjng dlreckn has been granted by the Charlty Commiubon tho chafit*s. Xl. 3tock8 2023 2022 Finhhed goods arKI goods for reg81 27,03S 25.081 21. D•btorn 2023 2022 Trade d8btOf8 Prepayments and acttued irwn Other debtors 1,512 3.896 3.S03 395 3,989 374 8,911 4.768 20
The Green Howards Trust Charitable Incorporated Organisation Notss to the Flnanclal statements Year ended 31 December 2023 21 Cr•dltorn: amounts f4lllng du• wlthln or y••r 2023 2022 Trade creditor8 Accru6 and deferred income ScKial securrty a} other taxes Other ¢Irt0rd 17,134 20,444 6.437 86 21.189 4.500 1.072 727 44,101 27,488 23. D•f•rv•d Incom• 2013 2022 Amount deferred In y•8r 15.944 24. P•n¥lon• and oth•r po•t r•tlrnm•nt b•n•llts O•On•d ¢¢•ntrfbullon ph Th• arnunt r•cogni8ad In Incom• ty •xpendilur• # an •xpon80 in rnlatbjn to d•ftnad ontnbuts'on plans was £4,42S {2022.. £6.85n. 25. Gov•mm•nt ornnts The amounts reCognid in th• fmancaal $tatem•nts for gtyemmwt grants are 88 follow8.. 2023 2022 ReGognlsed in InGome from donati3 and kngacles.. Gov•mm•nl gfants incom• 12.751 21. And1 of Grttabkn lund• Unr••trktsd fund• Al Gains and 31 Doc 202 l¢)sses At 1 Jan 2023 Inconx Expendlture Trarnfers G•ner81 fvndj 3.292.179 232.417 1327.8161 99,124 171.622 3.473,528 Al Gains and 31 Dlc 202 losses At 1 Jan 2022 Gener81 lund8 3.720.923 206.703 (322,956) 1312.491) 3,292.179 21
Tho Green Howards Trust Charitable Incorporatsd Oryanisation Notss to the Flnanclal Statements Year endod 31 December 2023 26. Anatysls of ¢h•rltsbl• funds R••lrfctod funds At Gw'ns and 31 D•G 202 1 Jan 2023 Incom• Ewditure Transfvn Re8trthd Funds 620.772 (39.315) {99.1241 482,333 At Gains and 31 Dec 202 At l Jan 2022 Inc Expendlture Trnmfers Re$tricted Funds 860,088 (39.318) 620,772
The Green Howards Trust Charitsble Incorporated Organisation Notes to the Flnancial Statements (e Year ended 31 December 2023 26. Analy818 of charli•bl• fvnd8 fc Balance al 31 D•eember BaarKe al 1 January 2023 Income Exwses Transfers 2023 Muum D•vebwent Fund Nomandy Memortal Fund Weston Loan Nwth Art Fund Progrnmm& AJM Fund & AMOT Conservation M¢d•l Room ProAect- HLF M•dal Purcha808 S73.438 136.343) (75.821) 461.274 18.976 19,818> 9,358 8.095 1772) 14.623) 700 1,938 11.938) 16.414 3.911 620.772 (2,200) (3,213) (3,911) (99,1241 11,001 (39,31 $1 482.333 Purposes of re•trlGled fvndj The MUm Development Fund 18 restricted for ftrturn d•pr•clolon thorgel on capttal improvements made to the mu8oum. Th• Ncwmandy Mem181 Fund w88 uealed from o donalrn The Green Howards Normandy Mernrybal Tru¥l expendlure ffj restncled In lkne Vllh the fornier chadty's oble¢l8. The Weslon Loan with Ast Fund Prffjr8mme18 rethcted to enable the museum to borrow obl•cts from nati31 museums, and includes future depwalion on caprtal Item8. The AIM Fund 18 a mtricted lurwj tr th• purp¢w• of carying out * lIalOn$ ¢•re •udlt. This ha8 bo•n luffild remaining fund8 fKPW récognNed ag unrestrictgd funds. The AMOT Con8er¥otkm Fund restrthd for toxtle conwvallon. Th1• h•s b•en fvffilled and the remaining fund8 nN r•o)gnl8ed a8 unre8lTKte(I fund•. The Medal Room Project the relurblshment of the medal room Incorporating a n*¥ dlsplay of vlOa Cross mwjals. and uKludes future deFlab.$)n on capitsl. Thij has been funded by the Herit•ge Lottery Fund. 23
The Green Howards Trust Charitable Incorporated Organisation Note8 to the Flnanclal Statents Year ended 31 December 2023 27. An•lyg1• of net aM•ts fvnd• unrestri Re8trlthd T¢)tal Fund• Fund¥ Fund• 2023 TaThJible fixed assets Inve3trnènts Current a$s8ts CreditCff5 less than 1 year 612.970 2.821,668 82,991 144.1011 3.473,526 472.975 1,085.945 2,821.866 92.349 {44,1011 9.358 4J2,&33 3.955,859 Unreth"ct•d Re8trict•d Total F8 Funds Funds 2022 Tangible fixed alts Inv88tmnts Current assets Croditorl l•M th•n 1 yr 828.523 2.070.393 20.751 {27.4881 3,292.179 535,275 1.163.798 2,670,393 106,248 (27.488) 85,497 820.772 3.912,951
The Green Howards Trust Charitsble Incorporated Organisation Management Inforniatlon Year ondod 31 December 2023 Th• folloTr9 do na¢ forni of th• fln•nCI •tat•m•nts. 25
The Green Howards Trust Charitable Incorporated Oryanisation Detailed statnent of Flnanclal Actlvltiés Year ended 31 December 2023 2023 2022 Income and ondo*inents Donatlon8 and General donations Collen Collins donati MOD wages grant Artfund Friends of the Green Howards Museum Government grant income 15.101 10.000 23.590 19.478 24,485 1,752 3.879 12,751 62.343 23,835 72.586 Charltabl• actlvltl•• Admi88ion8 and museum •¥ent• gitisallon 40,859 4,759 45,618 32.283 32,283 ¢Xh•r tradlry acllvltl•• Shop sales Gafe 47,697 44.152 502 47,897 44,864 Inv•stm•nt Incom• Income from li¥l•d investrnth)t• Bank int•rest r1Vable 86,405 111 67,422 21 86.516 67,443 Totsl 232.417 2t13,703
The Green Howards Trust Charitable Incorporated Organisation Detalled Statement of Flnanclal Artlvltles Year ended 31 December 2023 2023 2022 Expondiiuro Raising fvnd• Purchaseg Assodatlon grants and cost8 Advertising (4.502) (13,3641 {5,1581 {23,0241 124.083} 15,7261 (29.809) Co•ts oltradlng acllvltl•• Purchases Other offl¢e costs 131.1551 11,8211 {32.776) 125,733) (822) 128,5551 Inv•tm•nt man•g•m•nt co•1• Investment management ¢harge¥ (18,7541 121,8941 Expgndltur• on charltsbl• actlvlll•• Wages and salaries Employef8 NIC Pentslon ¢08ts R¢palrs and malnt•nance Insuranco Other motorfftavèl ¢ts Legal and profe8sbnal Other offu c0818 Depre¢ialion Other interest payable and similaT tharges Non-recoverable VAT and sundry exF¢n• Sub8GriPtlon• (147.1491 1127,6411 17,2951 (6,1071 14,4251 {S.857) {24,6881 {11,2151 {16.C681 137.4851 11.6071 12,184) 15,2411 14,5861 15.1861 19.4111 (79,4331 179.3561 17981 3,184 1.476 13.8731 {1,9471 (292.5771 1284,214) Total •xpendltur• {367.131) (362,2721 N•t g•ln•ll1oM) on Inv•lm•nts Gainslllosses) on li8tsd investnlts 177.822 1312,491} Not In¢omdloxpondlturn) 42,908 (468,060) 27
Th• Groon Howards Trust Charitable Incorporated Organisation Notes to the Detailed Statement of Financlal Activltles Year ended 31 December 2023 2023 2022 Rahln9 fibnd• AssoCaa0n grants and co*$ Adv•rtising (13,3041 {5,1581 {18,5221 (5.7261 {5.7261 Exhlbltlon8 and sp•clal proj•Gts EXhib.0nS arKI special kyojects {4.5021 124,083) A•hlnq fvnd• 123,0241 129.8091 Costs ol tradlng •GtfvItIo• Shop co•ts Shop costs- purcha8eB Shop ¢osts. card merchant fo88 {31,1551 {1,621 {32,7781 124,1101 18221 {24,932) Caf• c¢xts Cal•- purchases 11,6231 ¢ts of tr•dlng a¢lfvlt14• (32,778) 128.5551
The Green Howards Trust Charltable Incorporated Organisation Notes to thè Detailed Statement of Flnanclal A¢tlviti08 (¢wthi•dJ Year anded 31 D8cembor 2023 2023 2022 EXnditur0 on Gh•rltsbl• adivlllos Museum co•ts Aclt{•S underta•n dlr•cty Wages Employerfs NIC pelOn costs Repairs & maintenanc• Security & insurance Travel sts Legal & prolessional fee¥ Stationery & computer cost8 Depr•eiatron Sundry èxpen$ subscp0ftI (147,1491 {127.5411 17,2951 (6.1071 (4.4251 15,8571 124,6861 111,2151 (16.0681 137,4851 11,6071 12,1841 (8001 15.1861 19,411) {79,4331 179,3581 13,0491 (4,704) 13,8731 (1,947} 1293,3711 1285.807) Gov•manc• co•ts Accountancy fres Other finan c08ts NorFrecoverable VAT {4.8411 (7981 6,233 14,5861 6,179 1,593 794 ExpMdknr• on charltsbl• etlvltl•• {292.577) {284,2141
COMPANY REGISTIIATION NUMBER: CE007127 CIL4RrtY RE¢J8TRATIOM NUMBER: 1168426 Tha Green Howards Trust Charitable Incorporatsd Oryanisation Unaudited Consolidated Flnancial Statements 31 Decomber 2023
Tho Grnon Howards Trust Charflable Incorporated Oryani8ation Consolidatsd Statement of Financlal Acthittles (Includlng Income and expendlturn account) Year ended 31 December 2023 2023 unreriCt Re8trictsd rth nd• Total fund• Tolal funds 2022 Incom• and •ndoATr•nts Donation8 8nd grants chatab actf4itiei Other trading aclNrt InveBtm?nt income 72,586 45.618 47.697 79.473 72.586 45,618 47.697 79.473 62.343 32,263 44,654 77.033 Total InGom• 245,374 245,374 216,293 Exp•ndltur• Expenditure M rai¥ing fiJnd•'. Ralslng n5 Costs oftradlng acthvlles Investment managemont ¢ts Expndrture on chanlable actmtses Total •xpndltur• 123.024) 132.7761 123,7081 {253,262) 1332,770) (23,0241 (29,809) {32,7761 126,5551 {23,7081 {26,6981 139.315) (292,5771 (284,2141 (39.315} (372,0851 (367.276) N•1 98in8lllossesl on Invejlrnw 218,408 218,408 {272,0651 N•t Incom•l(•xp•ndlturn) 131.012 {39.316) 91.687 1423.0481 Tran8f¢r8 b••n fund 99,124 {99.1241 Not mov•m•nt In fund• 230.136 1138,4391 91,697 (423,048} R•¢¢)n¢lllallon ot fund• Total fvjnds brought lorwar Totsl fund• c•rrt•d fom 4.009,405 4.239.541 020.772 4,830,177 5,053.225 482,333 4,721.874 4.630,177 The ¢onsolid8ted slalerrent of finarM?al actlvlU•s inchMle8 all 98iM I10$ rwni•ed in the y•ar. All irwme and expenditure derlve from continuing activtbes.
The Green Howards Trust Charitable Incorporated Organisation Consolldatsd StateMt of Flnancial Posltlon Year ondad 31 Docombor 2023 2023 2022 Flx•d a88•ts Tangible fixed lets Invethents 1.085,945 3,575,L%9 1.163.798 3.375,007 4,801.014 4,538,805 Currnnt a88•t• SloGk8 Debtors Co•h •t bank ar)d in hond 27.035 8.911 69,015 25.061 4,758 89,041 118,860 104,961 cl0. am¢wftts f•lllng du• *lthln fXVJ ymr N•t ¢urrnnt a•••ts {44,101} 60.860 127.4881 91.372 4.830,177 Total u•ots l•M ¢urr•nt Il•bllltl•• 4.721,874 4,721,874 Not as•ets 4,830,177 Fund• of th• charfty Reslrictsd funds Unrestncted funds 482.333 4,239,541 4,721.874 620.772 4,009,405 4,630,177 Tot•1 charlty fund•
The Green Howards Trust Charitable Ineorporatad Oryanlsation Notss to the Con8olldatsd Flnancial Statom•nts Year ondod 31 D•c•mb•r 2023 Inv••kn•nt Incom• UnrestrKXed Totsl Funds Unrestricted Total Funds Fund3 2023 Fund 2022 Incomg from118ted knveBlmenls (frust) Income from listed investments (Collen Collins) Bank intere8t r•c•Sval 86,405 88.405 67,422 87,422 12.957 111 12.957 111 9,590 21 9.590 21 79.473 79.473 TT.033 Tl,033 Inv••thi•nt mn•g•m•nl colts Unrostrl¢ted Tolal Fund• Unreslrtted Tcrtal Funds Funds 2023 FurKI4 2022 Investment management Ghwg•8 ITruBt) Inv••tmont m•n•g•m•nt ch•Tg (Collen Collin$) 18.754 18,754 21,694 21,694 4,954 5,004 5,004 23,708 23,708 26,698 26,698 N•t g•ln*l{lo••MI on In¥••tm•nl• Unre8trfc Totsl Fund• Unre•trict•d Total Funds FuThJs 2023 Funds 2022 Galnsll1088esl on118ted inv•sknent• ITrustl Gainslllosses) on listed knve8tments IColl•n Collins) 177.622 17T.622 (312,491) 1312,4911 40.786 40,786 40,426 40,428 218.408 218.408 1272,085) 1272,066>
The Green Howards Trust Charltable Incorporated Organlsatlon Nots8 to the Consolldated Flnanclal Statements (L>%tht Year ended 31 December 2023 Inv•8tm•nt8 Cash ( eash Listed Collen Collins equNalents in¥eslments portfolio Total Co•1 ¢y valuatlon Al 1 January 2023 Additions Dispos& Fair v¥lu• rveMts Other movemen18 11.523 2.658.870 608.260 {512,997) 49,062 180,0791 2.723,116 704.614 3.375,007 608.260 1512,9971 89.848 14,951 3,575,(9 40,788 8.003 87.027 At 31 D•c•mb•r 1023 98.550 753.403 Imp•lrni•nt At l January 2023 and 31 Dgcgmb•r 2023 C•nylng amount At 31 Dec•mr 2023 98.550 2.723.118 753,403 704,814 3,575,089 Al 31 December 2022 11,523 2.658.870 3.375,007 I In¥•8knents 8hryn arn hid at valualion. An1* of charlt•bl• fvnd• Unr••lrfct•d lund• Galn8 and At ioB8e• 31 D•e 23 At1Jan23 IAX Expendlture Tran8f•rn General fvnd$ ITru8ti General funds (Collen Colllnsl 3,292.179 232.417 (327.8161 99.124 1TI,622 3.473,526 717,226 12,957 (4.954) 40.788 766,01S 4,009.405 245,374 (332.7701 99.124 218,408 4.239,541 G•lnJ and At k)sse8 31 D¢¢ 22 At1Jan22 Irume Expenditure Tr8nsfern General funds (Trusll General fund8 (Collen cdfinsl 3.720.923 206,703 (322.9581 (312.491) 3,292,179 672,214 9.590 15.004) 40.428 717,226 4.393.137 216,293 (327,960> {272,065) 4,1)09,405
The Green Howards Trust Notes to the Consolklatsd Flnanclal Ststements Year ended 31 December 2023 6. Analy•l• of n•t a•••t8 b•tw••n fvnd• Unrèbfrietèd Réatrictéd Tolal Fund• FurK18 Fund8 2023 Tangible fixed assels Inve$lments Current assets Creditors les$ than 1 yoar 812.970 3.575.C69 95.603 (44.1011 4.239,541 472,975 1.085,945 3,575.(69 lo4,1 144.1011 4,721.874 9.358 482,333 Unre¥trlcted Rethcted Total Funds Funds Funds 2022 Tangl18 fixed a886ts Inve8tments CLwr•nt as$•t$ Credltors less than 1 year 628,523 3.375,007 33,363 {27,4881 4,9,406 535,275 1,163,798 3,375,007 118,860 127,488) 4,830,177 85.497 620,772