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2020-12-31-accounts

Annual Report of the Trustees for period 1 September 2019 to 31 December 2020

The Trent Park Museum Trust (“the Trust”) was registered as a Charitable Incorporated Organisation on 27 September 2016. This fourth annual report covers the sixteen-month period 1 September 2019 to 31 December 2020. The Trustees have changed the Trust’s year end from 31 August to 31 December as this is more appropriate for a visitor attraction.

Administrative Information

Charity Name: Trent Park Museum Trust Charity Registration Number: 1169382 Address of Principal Office: c/o Estate Office, Houghton Hall, Kings Lynn, Norfolk PE31 6UE

The Trustees who served during the period ended 31 December 2020 and who continue to serve at the date of this report were as follows:

The Marquess of Cholmondeley (Chairman) Mr Jason Charalambous (Co-Chairman) Mr Alan Perkin (Deputy Chairman and Secretary) Ms Helen Lederer Mr Winston Newman Lord Sassoon (Treasurer) (appointed 24 March 2020) Mr Iain Standen (resigned 4 December 2019)

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Structure Governance and Management

Trent Park Museum Trust is a Charitable Incorporated Organisation (CIO) governed by a constitution dated 27 September 2016 and whose only voting members are its charity trustees (foundation model). It is registered as a charity with the Charity Commission.

The Trustees are responsible for making all decisions relating to the governance and management of the charity. Trustees meet regularly and met on seven occasions during the period ended 31 December 2020. During the period an experienced project coordinator was appointed on a service contract basis.

The existing trustees are responsible for the appointment of new trustees by resolution agreed at a meeting of the charity’s trustees.

Objectives and Activities

The Trust was established to advance the education of the public, and to promote research for the public benefit, in connection with the history of the listed Trent Park House. It is the objective of the Trust to establish and maintain a museum at the site.

Land at Trent Park in Enfield, London was acquired by Berkeley Homes in September 2015 for construction of around 245 homes on the site. However, the application for and the ultimate grant of planning permission for development of the wider Trent Park site were predicated upon the establishment of a museum within the ground floor and basement of the listed Trent Park House.

On 20 March 2017, the Trust signed an agreement with Berkeley Homes paving the way for the majority of the ground floor and basement of Trent Park House to be allocated for use as a museum and securing a commitment from Berkeley Homes to restore and complete these areas to a shell and core finish. It was intended that the Trust would be responsible for the design and fit-out of the space. These arrangements were formalised in 30 year lease agreement entered into with Berkeley Homes on 23 December 2020.

The Trust has continued to fundraise for the purposes of achieving its objective of establishing and maintaining a museum at Trent Park House to advance the education of the public on the history of Trent Park House. During the period ended December 2020, the Trust continued to secure seed funding

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to facilitate the design and other work required to make applications for capital funding for the project, as well as the start of raising funds for the capital project itself. The Trust’s business plan was approved by Berkeley Homes and by Enfield Council.

When planning our activities for the period and in exercising their powers and duties, the Trustees had due regard to the Commission’s guidance on public benefit. The activities of the Trust directed at the establishment of a museum at Trent Park House open to all members of the public and the Trustees consider that the activities of the Trust are consistent with the Commission’s guidance and the requirements to provide benefit to the public.

In line with these objectives, activities during the period included maintaining an active social media presence through our website and regular newsletter as well as Twitter, Facebook and Instagram.

Achievements and Performance

During the period and since the period end, the Trustees have signed off on the project’s business plan and on the display concept for the house. The displays will tell two principal stories. The first narrative will recreate the splendour of the house and its social importance during the 1920’s and 1930’s, focused on the restoration of the ground floor state rooms. The second narrative will tell the story of the Secret Listeners who gathered vital intelligence during WW2 from the captured German generals held in Trent Park.

The timeline for completion of the museum is dependent on Berkeley Homes handing over the shell of our space in the house, following which we will take some six months to fit out and decorate our space. The COVID-19 pandemic has inevitably caused delays for Berkeley Homes, as have structural complications with their construction work. We have fully developed plans for a full public opening of the museum at the start of the 2023 visitor season but they remain dependent on the developer’s timetable.

During the period ended 31 December 2020, pledges and grants were received from a range of trusts and private individuals including the Rothschild Foundation, the Architectural Heritage Fund and The Al Thani Collection Foundation. The trustees are extremely grateful to these and all our donors as we progress towards our funding target.

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The National Lottery Heritage Fund (NLHF) awarded a £91,600 grant to support the preliminary work of the Trust. This grant marked the successful completion of the first, seed-funding, stage of fundraising. We are in the process of applying for a further round of NLHF funding, focusing on audience and community heritage aspects of the project in line with the NLHF’s post-COVID priorities.

The Trust’s heritage advisors, Architrave Historical Services, with exhibition designer Tori Reeve, continued their work on our business plan and then switched their focus to detailed planning of the house displays and sourcing of suitable material, particularly to recreate the Secret Listeners’ rooms in the basement with equipment in line with the detailed inventories held at the National Archives. For the state rooms on the ground floor of the house, David Mlinaric has started to advise on the recreation of Sir Philip Sassoon’s 1920s interior decoration.

Architects Kennedy O’Callaghan LLP and MCA Consulting Engineers have substantially completed the necessary design work to RIBA Stage 4 so that the Trust is ready to proceed with the fit of our space within the house as soon as Berkeley Homes hand over the space to us. £2.75 million of in-kind support has been secured from Berkeley Homes towards restoration of the public rooms, as well as the outside terraces and gardens.

Our public engagement programme continued, although constrained by the pandemic. In November 2019, at an event in Enfield Museum, our Trustee Helen Lederer told the story of her mother, a code breaker at Bletchley Park, and of her Czech grandfather, a spy and intelligence officer at Trent Park. Social media activity stepped up with the appointment of a part-time Outreach Project Coordinator and with input from our Senior Historical Advisor, WW2 historian Dr Alex Henry.

Since the period end, and supported by NLHF funding, Audience Development Consultant Anna Husband has begun an extensive programme of work to help us develop the story of Trent Park in a way that responds to the interests and needs of the local communities in Enfield, Barnet and Hertsmere. This public engagement and consultation work has been well publicised in the area and received excellent responses, including from many schools in our catchment area.

Eric Mark

The trustees were very sorry to hear of the death in November 2020 of the last 'Secret Listener' of WW2, Eric Mark. Eric memorably spoke at our reception at the House of Lords in May 2019 where he gave a

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rousing recollertion of seThing at Trent Park during the War. We are $0 grateful that Eric was part of our effort to establish Trent Park House. Successful completion of our project will not only celebrate his memory but also those of all the Secret Listeners. FinanclolReview The accounts have been prepared on a receipts and payments basis. Total unrestricted income was £154,823 with further restricted income of £45,8￿. The Trust Spent a total of £115,293 during the financial period to support fundraisin& basic running costs and fees, mainly for design work and development of the business plan. At the period end. the Trust had cash balances of £112,06612019 - £26,746). At 31 December 2020 the Trust had received £20,(￿ in loan$12019 - zero), which have been repaid since the period end. The Trust's Reserves Policy providÈs that the Trust should hold reserves equivalent to four months, basic operating costs. Approved by the Trustees on 22 Ortober 2021 and ￿Kn￿d on thelr beh*lf: Signed.... Date: 28 Otsckn . Lord Cholmondelev Signed...................... Date.. 27 October 2021 Jason Charalambous

Trent Park Museum Trust Trent Park Museum Trust Trent Park Museum Trust 1169382 1169382 CC16a
For the period
from
Period start date
01/09/2019
To Period end date
31/12/2020
Section A Receipts and payments
A1 Receipts Unrestricted
funds
to the nearest £
134,813
20,000
-
-
-
-
-
-

154,813
-
-
-
154,813
81,967
6,897
-
897
2,101
-
-
-
-
91,862
-
-
-
91,862
62,951
-
21,738
84,689
Restricted
funds
to the nearest £
45,800
-
-
-
-
-
-
-
45,800
-
-
-
45,800
5,000
9,800
8,631
-
-
-
-
-
-
23,431
-
-
-
23,431
22,369
-
5,008
27,377
Endowment
funds
to the nearest £
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Total funds
to the nearest £
180,613
20,000
-
-
-
-
-
-
200,613
-
-
-
200,613
86,967
16,697
8,631
897
2,101
-
-
-
-
115,293
-
-
-
115,293
85,320
Last year
to the nearest £
Donations 134,813 33,822
Loans received 20,000 -
Event income - 630
-
- -
- -
- -
- -
Sub total(Gross income for
AR)

154,813
34,452
A2 Asset and investment sales,
(see table).
-
- -
Sub total - -
Total receipts
A3 Payments
34,452
Architects' and consultants' fees 81,967 34,858
Fundraisingexpenses 6,897 6,418
Legal -
Insurance 897 429
Other expenses 2,101 501
- -
- -
- -
- -
**Sub total ** 91,862 42,206
A4 Asset and investment
purchases, (see table)
-
-
**Sub total ** - -
Total payments
Net of receipts/(payments)
A5 Transfers between funds
A6 Cash funds last year end
Cash funds this year end
42,206
62,951 22,369 85,320 - 7,754
- - - -
21,738 5,008 26,746 34,500
84,689 27,377 112,066 26,746

CCXX R1 accounts (SS)

22/10/2021

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Section B Statement of assets and liabilities at the end of the period

Categories
Signed by one or two trustees on
behalf of all the trustees
B5 Liabilities
B3 Investment assets
B2 Other monetary assets
B4 Assets retained for the
charity’s own use
B1 Cash funds
CCXX R2 accounts (SS)
Details
Details
Total cash funds
(agree balances with receipts and payments
account(s))
Cash at bank
Details
Details
Museum exhibits
Details
Loans repayable
Signature
~~2~~
Unrestricted
funds
to nearest £
Unrestricted
funds
to nearest £
Restricted
funds
to nearest £
Restricted
funds
to nearest £
Endowment
funds
to nearest £
84,689 27,377 -
- - -
- - -
84,689 27,377 -
OK
Endowment
funds
to nearest £
-
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
Current value
(optional)
2,572
-
-
-
-
-
-
-
-
When due
(optional)
Date of
approval
22/10/2021
22/10/2021
~~22/10/2021~~

Signed by one or two trustees on behalf of all the trustees

Notes to the Receipts and Payments Accounts

  1. The Trust had no potential liability under any guarantee outstanding at the date of the Statement of Assets and Liabilities.

  2. The Trust did not owe any outstanding debt at the date of the Statement of Assets and Liabilities which is secured on any assets of the charitable incorporated organisation.

  3. Loans received from a Trustee totalling £20,000 were repaid since the period end.

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CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts S•ctlon A Ind•p•nd•nl Ex•mln•e• R•port R•port to the tru•toKI m•rnb•rn ol Trent Park Museum Trusl On •ccounts for the , 31 Decemtrm 2020 •nd•d Charfty no Ilf any) 1169382 S•t out on p•g 1103 to J p¥}• r LJrtr> ol •e4trfv3, br.v¢t.. dwrty rtm Tn￿} period •nded 31112r2020. R•8pon•lblllll•• and A8 It dwfrty tTU8t••8 ol IM Tnml. ￿ w• r•wM'ble for the pre￿ratIon ba•ls of r•port ol tre ac£ounts in accWd8￿ the r•quifement8 of Ihe Charitios ArA 2011 (Ihe ￿1. I ro￿ in respecl of my eXamInatK￿ ol tho TnMt'8 accounts carrKd out undw Se(th￿ 145 01 the 2011 Act arKI in carryirvJ wl my examination. I have follcrAed the applicable ￿'rec1K¥IS gNen by the Chaniy Commission under sedion 145(5)Ib) of Ihe Act. Ind•pend•nt I hawa c(ffiplet•d my •X￿￿￿tIm. I that no matefial matters h•ve examlnerfs stst•m•nt come lo my attentM￿ in corThdth Tmth the 8x•min•liM which gives m• cause to believe that in. any materi81 respe(l. accountiw records were nol kept in aCC￿d￿e seclion 130 of theAd wth tlx examinatth lo ￿1¢h attention should dra￿￿ in order to enable s￿n•d. Dat•: 2oL/ Nam•: Stf*wt Lailmr Relevant professional Chartered ACC￿1￿nI quallll¢ation(sl or body (If any): Addr•u: 17 Bancroft Aven Lond￿ N2 OAR Sectlon B Dlsclosur• Onty complete rf the examiner needs to hqNyht matters of concem (see CC32. examiners). October 2018 IER