11
TKEN I. I'ARK HUU5E
Annual Report of the Trustees for the year ended 31 December 2021
The Trent Park Museum Trust l-the Trust-l was registered a5 3 Charitable Incorporated Organisation on
27 September 2016. This fifth annual report covers the year ended 31 December 2021.
Administn7tive Information
Charity Name..
Trent Park Museum Trust
Charity Registration Number.. 1169382
Address of Principal Office:
clo Estate Office, Houghton Hall, Kings Lynn, Norfolk PE316UE
The Trustees who served durin8 the period ended 31 December 2021 and who continue to serve at the
date of thSs report were as follows:
The Marquess of Cholmondeley Ico-chairmanl
Mr Jason Charalambous Ico-chairmanl
Mr Alan Perkin (Deputy Choirman and Secretary)
Ms Helen Lederer
Mr Winston Newman
Lofd Sassoon (Treasurer)
Strurture Governance und Monoqement
Trent Park Museum Trust is a Charitable Incorporated Organisation ICIOI governed by a constitution
dated 27 September 2016 and whose only voting members are its charity trustees Ifoundation model).
It 15 registered as a charity with the Charity Commission.
The Trustees are responsible for making all deci5i0n5 relating to the governance and management of the
charity. Tfustees meet regulafly and met on ten occasions during the year ended 31 December 2021. An
experienced project co-ordinator and a bookkeeper/administrator support the Trustees on a service
contratt basis.
The existing Trustees are responsible for the appointment of new Trustees by resolution agreed at a
meeting of the charit5 Trustees.
Objertive5 and Artivltles
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 wa5 acquired by 8erkeley Homes in September 2015 for
cgnstTuttion 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 51te were predicated upon the
establishment of è 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 pavin8 the way for most of the
ground floor and basement of Trent Park House to be allocated for use as a museum and securing a
commitment from 8erkeley Homes to restore and tomplete these areas to 3 shell and core finish. It was
intended that the Trust would be responsible for the design and fit-out of the space. This was formalised
in a 25 year lease agreement entered into with Berkeley Homes in December 2020, in connection with
which a Trustee entered into certain guarantee arrangements in favour of Berkeley Homes in order to
Secure the openin8 of the museum. The Trust's business plan was approved by Berkeley Homes and by
Enfield Council.
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. OurinE the year ended December 2021, the Trust continued to secure seed funding
to facilitate the design and other work required to make applications for capital funding for the projett,
donation5 from the general public and the start of raising funds for the capital project itself.
When planning our activities for the period and in exercising their powers and duties. the Trustees had
due regard to the Commission'5 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.
Achlevements and Perfom7once
DurinB the year, the Trustees signed off 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
durinB the 1920's and 1930,5, 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 durin8 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, followin8 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 construrtion work. These are now likely to mean a two year delay to the
previously planned opening date. We have fully developed plans for a full public opening of the museum
at the start of the 2025 visitor season.
During 2021, pledges and grants were received from a range of trusts and foundations including the
Reuben Foundation, The Al Thani Collection, the Architectural Heritage Fund, the Pilgrim Trust,
Foundatlon, the Sybil Trust and the Wolfson Foundation. Lord Cholmondeley has indicated that he
intend5 to loan items associated with Trent Park to the museum. The trustees are extremely grateful to
these and all our donors as we progress towards our funding target.
The National Lottery Heritage Fund INLHFI awarded a £91,600 grant to support the preliminary work of
the Trust, of which a further instalment was received during 2021. This grant marked the successful
completion of the first, seed-funding, stage of fundraising. Since the end of 2021. a further NLHF grant
of £225,00 was awarded. with a focus on audience and community heritage aspects of the projert,
including development of a digital museurn, in line with the NLHF'S post-COVID prioritie5.
The Trust's heritage advisors, Architrave Historical Services. with exhibition designer Tori Reeve,
continued detailed planning of the house displays and sotsrcing 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 room5 on the ground floor of the house, David
Mlinaric is advisin8 on the recreotion of Sir Philip Sassoon'$ 19205 interior decoration.
Architects Kennedy O'Calla8han LLP and MCA Consultin8 Engineers have 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. £2.75million of in-kind Support has been
secured Irom Berkeley Homes towards restoration of the public room5, as well as the outside terrace5
and 8ardens.
Social Media activity continued on a regular basis. led by our part-time Outreach Project Coordinator
and with input from our Senior Historical Advisor, WW2 historian Dr Alex Henry.
During 2021, supported by NLHF funding, Audience Development Consultant Anna Husband conducted
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, 8arnet and Hertsmere. This publlc
engagement and consultation work has been well publicised in the area and received excellent
responses, including from many schools in our catchment area.
In order t0 strengthen further the Trust's links with the local community, to increase the diversity of our
Board and to bring in specific digital museum expertise. the Trustees have conducted a public
recruitment exercise to be completed durin8 2022.
Flnonciol Review
The accounts have been prepared on an accruals basis as the gross income of the Trust exceeded
£250,000 in 2021. They are prepared on a going concern basis. which the Trustees believe to be
appropriate. The prior yearf5 account5 have been restated on to an accrua15 basis and the notes to the
accounts set out the effects of this restatement.
Total unrestricted income was £285.88612020 - £134,813) with further restricted income of £48,640
12020 - £45,800). The Trust spent a total of £238,661 12020 - £136,730) during the year to support
fundraising, basic running costs and fees. mainly for design work and development of the business plan.
The Trustees have agreed that £250,0 of the total project expenditure should be allocated to the
redecoration of the state rooms.
At the period end. the Trust had cash balances of £94.63112020. £112,066) and total. unrestricted funds
of £164.51612020- total fund5 £68,651; unrestricted £41,274, restricted £27.3771.
The Trust's Reserves Policy provides that the Trust should hold reserves equivalent to four months, basic
operating costs.
Approved by the Trustees on 25 October 2022 and signed on their behalf..
ed...
Date.. 25 October 2022
Lord Cholmondeley
Signed....
Date= 25 October 2022
Jason Charalambous
1
|**Trent Park Museum Trust**
Annual accounts for the period
Period start date
**Jan 1, 21**
**To**
Period end date
Dec 31, 21
Charity No
1169382|**Trent Park Museum Trust**|**Trent Park Museum Trust**|**Trent Park Museum Trust**|Charity No
1169382|||
|---|---|---|---|---|---|---|
||Annual accounts for the period||||||
||Period start date|**Jan 1, 21**|**To**|Period end date|Dec 31, 21||
|
**Section A Statement of fnancial activities**|||||||
|Guidance Notes
**Total funds**
**£**
**£**
**£**
**£**
**£**
**Incoming resources (Note 3)**
F01
F02
F03
F04
F05
**Income and endowments from:**
Donations and legacies
S01
285,886 48,640 - 334,526 180,613
Charitable activities
S02 - - - - -
Other trading activities
S03 - - - - -
Investments
S04 - -
- -
Separate material item of income
S05 - - - - -
Other
S06
- - -
**_Total_**
S07
285,886 48,640 - 334,526 180,613
**Resources expended (Note 6)**
**Expenditure on:**
Raising funds
S08
15,942 4,884 - 20,826 16,347
Charitable activities
S09
146,702 71,133 - 217,835 120,383
Separate material item of expense
S10
- - - -
Other
S11
- - - -
**_Total_**
S12
162,644 76,017 - 238,661 136,730
S13 123,242 - 27,377 - 95,865 43,883
Net gains/(losses) on investments
S14 - - - - -
**Net income/(expenditure)**
S15 123,242 - 27,377 - 95,865 43,883
**Extraordinary items**
S16 - - - - -
**Transfers between funds**
S17 - - - - -
Gains and losses on revaluation of fxed assets for the charity’s own use
S18 - - - - -
Other gains/(losses)
S19 - - - - -
**_Net movement in funds_**
S20 123,242 - 27,377 - 95,865 43,883
**_Reconciliation of funds:_**
Total funds brought forward
S21 41,274 27,377 - 68,651 24,768
**_Total funds carried forward_**
S22 164,516 - - 164,516 68,651
**Recommended categories by**
**activity**
**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Prior year**
**funds**
**Net income/(expenditure) before investment**
**gains/(losses)**
**Other recognised** **gains/(losses):**|||||||
|||-|-|-|-|-|
|||-|-|-|-|-|
|||123,242|- 27,377|-|95,865|43,883|
||||||||
|||41,274|27,377|-|68,651|24,768|
|||164,516|-|-|164,516|68,651|
2
## **Section B Balance sheet**
||Guidance Notes|**Unrestricted**
**funds**|**Restricted**
**income**
**funds**
**Endowment**
**funds**|**Restricted**
**income**
**funds**
**Endowment**
**funds**|
**Total this**
**year**|**Total last**
**year**||
|---|---|---|---|---|---|---|---|
|||**£**|**£**|**£**|**£**|**£**||
|**Fixed assets**||F01|F02|F03|F04|F05||
|**Intangible assets (Note 15)**|B01|-||- -|-|-||
|**Tangible assets (Note 14)**|B02|500||- -|500|-||
|**Heritage assets (Note 16)**|B03|10,279||- -|10,279|2,572||
|**Investments (Note 17)**|B04|-||- -|-|-||
|**_Total fxed assets_**
**Current assets**|B05|10,779||- -|10,779|2,572||
|**Stocks (Note 18)**|B06|-||- -|-|-||
|**Debtors (Note 19)**|B07|66,730||- -|66,730|3,242||
|**Investments (Note 17.4)**|B08|-||- -|-|-||
|**Cash at bank and in hand (Note 24)**|B09|94,631||- -|94,631|112,066||
|**_Total current assets_**|B10|161,361||- -|161,361|115,308||
|**Creditors: amounts falling due**||||||||
|**within one year (Note 20)**|B11|7,624||- -|7,624|49,229||
|**_Net current assets/(liabilities)_**|B12|153,737||- -|153,737|66,079||
|**_Total assets less current liabilities_**|B13|164,516||-**-**|164,516|68,651||
|**Creditors: amounts falling due after**||||||||
|**one year (Note 20)**|B14|-||- -|-|-||
|**Provisions for liabilities**|B15|-||- -|-|-||
|**_Total net assets or liabilities_**|B16|164,516||- -|164,516|68,651||
|**Funds of the Charity**||||||||
|**Endowment funds (Note 27)**|B17|-|||-|-||
|**Restricted income funds (Note 27)**|B18|||-|-|27,377||
|**Unrestricted funds (Note 27)**|B19|164,516||-|164,516|41,274||
|**Revaluation reserve**
**_Total funds_**|B20
B21|164,516||- -|-
164,516|68,651||
|Signed by one or two trustees on behalf of all
the trustees||Signature||Print|Name|Date of ap
dd/mm/||
|||||Jason Charalambous
Lord Sassoon||10/25/2
10/25/2||
3
## **Section C Notes to the accounts**
Note 1 **Basis of preparation**
_**This section should be completed by all charities** ._
## **1.1 Basis of accounting**
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
The accounts have been prepared in accordance with:
- and with*
the Statement of Recommended Practice: Accounting and Reporting by Charities ü preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014
• and with* ü the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102)
- and with the Charities Act 2011.
The charity constitutes a public benefit entity as defined by ü FRS 102.*
## **1.2 Going concern**
_**If there are material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern, please provide the following details or state "Not applicable", if appropriate:**_
An explanation as to those factors that support the conclusion that the charity is a going concern;
_**Not applicable**_
Disclosure of any uncertainties that make the _**Not applicable**_ going concern assumption doubtful; Where accounts are not prepared on a going _**Not applicable**_ concern basis, please disclose this fact together with the basis on which the trustees prepared the accounts and the reason why the charity is not regarded as a going concern.
## **1.3 Change of accounting policy**
The accounts present a true and fair view and the accounting policies adopted are those outlined in note 2.2.
Yes* ü * -Tick as appropriate No*
## _**Please disclose:**_
_**(i) the nature of the change in accounting policy;**_ The accounts were previously prepared on a cash basis but are now prepared on an accruals basis.
_**(ii) the reasons why applying the new accounting**_ Gross income in the reporting period exceeded £250,000 _**policy provides more reliable and more relevant**_ for the first time which required the change of accounting _**information; and**_ basis. _**(iii) the amount of the adjustment for each line**_ Donations and legacies +£50,000 (prior period -), _**affected in the current period, each prior period**_ Expenditure on raising funds +£963 (-£350), _**presented and the aggregate amount of the**_ Expenditure on charitable activities -£35,549 (+ _**adjustment relating to periods before those presented,**_ £25,029); Debtors +£66,730 (+£3,242), Creditors + _**3.44 FRS 102 SORP.**_ £7,624 (+£49,229)
## **1.4 Changes to accounting estimates**
No changes to accounting estimates have occurred in the reporting period (3.46 FRS 102 SORP).
Yes* ü * -Tick as appropriate No*
## _**Please disclose:**_
## _**(i) the nature of any changes;**_
- _**(ii) the effect of the change on income and expense or assets and liabilities for the current period; and**_
- _**(iii) where practicable, the effect of the change in one or more future periods.**_
## **1.5 Material prior year errors**
No material prior year error have been identified in the reporting period (3.47 FRS 102 SORP).
Yes* ü * -Tick as appropriate No*
## _**Please disclose:**_
## _**(i) the nature of the prior period error;**_
_**(ii) for each prior period presented in the accounts, the amount of the correction for each account line item affected; and**_
- _**(iii) the amount of the correction at the beginning of the earliest prior period presented in the accounts.**_
4
**Section C Notes to the accounts**
## **Note 2 Accounting policies**
_Please complete this note when first reporting under FRS2102. Section 35 of FRS102, requires 3 reconciliations to be presented, if all are applicable._
## **2.1 RECONCILIATION WITH PREVIOUS GENERALLY ACCEPTED ACCOUNTING PRACTICE**
**Please provide a description of the nature of each change in accounting policy**
The accounts are now prepared on an accruals basis having previously been prepared on a cash basis.
## _**Reconcilation of funds per previous GAAP to funds determined under FRS 102**_
||**Start of**|**End of**|
|---|---|---|
||**period**|**period**|
||**£**|**£**|
|**Fund balances as previously stated**|112,066|94,631|
|**_Adjustments:_**|||
|Tangible assets||500|
|Heritage assets|2,572|10,279|
|Debtors|3,242|66,730|
|Creditors within one year|-49,229|-7,624|
|**Fund balance as restated**|68,651|164,516|
|**_Reconcilation of net income/(net expenditure) per_**||**_previous GAAP to net income/(net expenditure) under FRS 102_**|
|||**2021**|
|||**£**|
|**Net income/(expenditure) as previously stated**||11,279|
|**_Adjustments:_**|||
|**_Donations and legacies_**||50,000|
|**_Expenditure on raising funds_**
**_Expenditure on charitable_**
**_activities_**||-963
35,549|
|**Previous period net income/(expenditure) as**
**restated**||95,865|
5
**Section C Notes to the accounts (cont)**
## **Note 2 Accounting policies**
## **2.2 INCOME**
_This standard list of accounting policies has been applied by the charity except for those ticked "No" or "N/a". Where a different or additional policy has been adopted then this is detailed in the box below._
**----- Start of picture text -----**
Recognition of income These are included in the Statement of Financial Activities (SoFA) when:·· it is more likely than not that the trustees will receive the resources; and· the charity becomes entitled to the resources;the monetary value can be measured with sufficient reliability. Yesü No N/a
Offsetting There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by the FRS 102 SORP or FRS 102. Yesü No N/a
Yes No N/a
Grants and donations Grants and donations are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS102 SORP). ü
In the case of performance related grants, income must only be recognised to the extent that the charity has provided the specified goods or services as entitlement to the grant only occurs when the performance related conditions are met (5.16 FRS 102 SORP). Yesü No N/a
Legacies Legacies are included in the SOFA when receipt is probable, that is, when there has been grant of probate, the executors have established that there are sufficient assets in the estate and any conditions attached to the legacy are either within the control of the Yes No N/aü
charity or have been met.
Government grants The charity has received government grants in the reporting period Yes Noü N/a
Tax reclaims on donations and gifts Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise. Yesü No N/a
Contractual income and performance related This is only included in the SoFA once the charity has provided the related goods or services or met the performance related conditions. Yesü No N/a
grants
Donated goods Donated goods are measured at fair value (the amount for which the asset could be exchanged) unless impractical to do so. Yes No N/aü
The cost of any stock of goods donated for distribution to beneficiaries is deemed to be the fair value of those gifts at the time of their receipt and they are recognised on Yes No N/a
receipt. In the reporting period in which the stocks are distributed, they are recognised ü
as an expense at the carrying amount of the stocks at distribution.
Donated goods for resale are measured at fair value on initial recognition, which is the
expected proceeds from sale less the expected costs of sale, and recognised in 'Income from other trading activities' with the corresponding stock recognised in the balance Yes No N/a
sheet. On its sale the value of stock is charged against 'Income from other trading activities' and the proceeds from sale are also recognised as 'Income from other trading activities'. ü
Goods donated for on-going use by the charity are recognised as tangible fixed assets and included in the SoFA as incoming resources when receivable. Yes No N/aü
Gifts in kind for use by the charity are included in the SoFA as income from donations when receivable. Yes No N/aü
Donated services and Donated services and facilities are included in the SOFA when received at the value of Yes No N/a
facilities the gift to the charity provided the value of the gift can be measured reliably. ü
Donated services and facilities that are consumed immediately are recognised as income Yes No N/a
with an equivalent amount recognised as an expense under the appropriate heading in the SOFA. ü
Yes No N/a
Support costs The charity has incurred expenditure on support costs. ü
Volunteer help The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report. Yes No N/aü
Income from interest, royalties and dividends This is included in the accounts when receipt is probable and the amount receivable can be measured reliably. Yes No N/aü
Income from membership subscriptions Membership subscriptions received in the nature of a gift are recognised in Donations and Legacies. Yes No N/aü
Membership subscriptions which gives a member the right to buy services or other benefits are recognised as income earned from the provision of goods and services as income from charitable activities. Yes No N/aü
Settlement of insurance claims Insurance claims are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS102 SORP) and are included as an item of other income in the SoFA. Yes No N/aü
Investment gains and losses This includes any realised or unrealised gains or losses on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the Yes No N/aü
year.
2.3 EXPENDITURE AND LIABILITIES
Liability recognition Liabilities are recognised where it is more likely than not that there is a legal or Yes No N/a
constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty. ü
Governance and support costs Support costs have been allocated between governance costs and other support. Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice. Yesü No N/a
Support costs include central functions and have been allocated to activity cost Yes No N/a
categories on a basis consistent with the use of resources, eg allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage. ü
Grants with performance conditions Where the charity gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only recognised in the SoFA once the recipient of the grant has provided the specified service or output. Yes No N/aü
Grants payable without performance conditions Where there are no conditions attaching to the grant that enables the donor charity to realistically avoid the commitment, a liability for the full funding obligation must be recognised. Yes No N/aü
Redundancy cost The charity made no redundancy payments during the reporting period. Yesü No N/a
Deferred income No material item of deferred income has been included in the accounts. Yesü No N/a
Creditors The charity has creditors which are measured at settlement amounts less any trade discounts Yesü No N/a
Provisions for liabilities A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date Yes No N/aü
Basic financial instruments The charity accounts for basic financial instruments on initial recognition as per paragraph 11.7 FRS102 SORP. Subsequent measurement is as per paragraphs 11.17 to 11.19, FRS102 SORP. Yes No N/aü
2.4 ASSETS
Tangible fixed assets for These are capitalised if they can be used for more than one year, and cost at least
use by charity They are valued at cost. Yesü No N/a
The depreciation rates and methods used are disclosed in note 9.2.
Intangible fixed assets The charity has intangible fixed assets, that is, non-monetary assets that do not have physical substance but are identifiable and are controlled by the charity through custody Yes No N/a
or legal rights. The amortisation rates and methods used are disclosed in note 9.5 ü
They are valued at cost. Yes No N/aü
Heritage assets The charity has heritage assets, that is, non-monetary assets with historic, artistic, scientific, technological, geophysical or environmental qualities that are held and Yes No N/a
maintained principally for their contribution to knowledge and culture. The depreciation rates and methods used as disclosed in note 9.6.1.4. ü
Yes No N/a
They are valued at cost. ü
Investments Fixed asset investments in quoted shares, traded bonds and similar investmentsvalued at initially at cost and subsequently at fair value (their market value) at the year are Yes No N/a
end. The same treatment is applied to unlisted investments unless fair value cannot be measured reliably in which case it is measured at cost less impairment. ü
Investments held for resale or pending their sale and cash and cash equivalents with a maturity date of less than 1 year are treated as current asset investments Yes No N/aü
Stocks and work in progress Stocks held for sale as part of non-charitable trade are measured at the lower or cost or net realisable value. Yes No N/aü
Goods or services provided as part of a charitable activity are measured at net realisable value based on the service potential provided by items of stock. Yes No N/aü
Work in progress is valued at cost less any foreseeable loss that is likely to occur on the contract. Yes No N/aü
Debtors Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received. Yesü No N/a
Current asset investments The charity has has investments which it holds for resale or pending their sale and cash and cash equivalents with a maturity date less than one year. These include cash on deposit and cash equivalents with a maturity date of less than one year held for investment purposes rather than to meet short term cash commitments as they fall due. Yes No N/aü
Yes No N/a
They are valued at fair value except where they qualify as basic financial instruments. ü
POLICIES ADOPTED
ADDITIONAL TO OR
DIFFERENT FROM
THOSE ABOVE
**----- End of picture text -----**
6
**Section C Notes to the accounts (cont)**
## **Note 3 Analysis of income**
**----- Start of picture text -----**
Restricted
Unrestricted income Endowment
funds funds funds Total funds Prior year
Analysis £ £
Donations Donations and gifts 285,886 48,640 - 334,526 180,613
and legacies: Gift Aid - - - - -
Legacies - - - - -
General grants provided by government/other
charities - - - - -
Membership subscriptions and sponsorships
which are in substance donations
- - - -
Donated goods, facilities and services - - - - -
Other - - - -
Total 285,886 48,640 - 334,526 180,613
Charitable
activities: - - - - -
- - - - -
- - - - -
Other - - - - -
Total - - - - -
Other trading
activities: - - - - -
- - - - -
- - - - -
Other - - - - -
Total - - - - -
Income from Interest income - - - - -
investments: Dividend income - - - - -
Rental and leasing income - - - - -
Other - - - - -
Total - - - - -
Separate - - - - -
material item - - - - -
of income: - - - - -
- - - - -
Total - - - - -
Other: Conversion of endowment funds into income
- - - - -
Gain on disposal of a tangible fixed asset held
for charity's own use - - - - -
Gain on disposal of a programme related
investment - - - - -
Royalties from the exploitation of intellectual
property rights - - - - -
Other - VAT recoverable - - - -
Total - - - -
TOTAL INCOME 285,886 48,640 - 334,526 180,613
Other information:
All income in the prior year was unrestricted except for:
(please provide description and amounts)
National Heritage Lottery Fund grant £45,800
Where any endowment fund is converted into income in the
reporting period, please give the reason for the conversion.
Where any endowment fund is converted into income in the
prior period, please give the reason for the conversion.
Within the income items above the following items are
material: (please disclose the nature, amount and any prior
year amounts)
**----- End of picture text -----**
7
## **Section C Notes to the accounts (cont)**
## **Note 4 Analysis of receipts of government grants**
|**Description**
**This year**
**£**
**Government grant 1**
-
**Government grant 2**
-
**Government grant 3**
-
**Other**
-
**Total**-
**Description**
**Last year**
**£**
**Government grant 1**
-
**Government grant 2**
-
**Government grant 3**
-
**Other**
-
**Total**-
**This year**
**Last year**
**This year**
**Last year**
**_Please provide details of any_**
**_unfulflled conditions and other_**
**_contingencies attaching to grants_**
**_that have been recognised in_**
**_income._**
**_Please give details of other forms of_**
**_government assistance from which_**
**_the charity has directly benefted._**|**Description**
**This year**
**£**
**Government grant 1**
-
**Government grant 2**
-
**Government grant 3**
-
**Other**
-
**Total**-
**Description**
**Last year**
**£**
**Government grant 1**
-
**Government grant 2**
-
**Government grant 3**
-
**Other**
-
**Total**-
**This year**
**Last year**
**This year**
**Last year**
**_Please provide details of any_**
**_unfulflled conditions and other_**
**_contingencies attaching to grants_**
**_that have been recognised in_**
**_income._**
**_Please give details of other forms of_**
**_government assistance from which_**
**_the charity has directly benefted._**|**Description**
**This year**
**£**
**Government grant 1**
-
**Government grant 2**
-
**Government grant 3**
-
**Other**
-
**Total**-
**Description**
**Last year**
**£**
**Government grant 1**
-
**Government grant 2**
-
**Government grant 3**
-
**Other**
-
**Total**-
**This year**
**Last year**
**This year**
**Last year**
**_Please provide details of any_**
**_unfulflled conditions and other_**
**_contingencies attaching to grants_**
**_that have been recognised in_**
**_income._**
**_Please give details of other forms of_**
**_government assistance from which_**
**_the charity has directly benefted._**|
|---|---|---|
||||
8
## **Section C Notes to the accounts (cont)**
## **Note 5 Donated goods, facilities and services**
|**Note 5 Donated goods, facilities and services**|**Note 5 Donated goods, facilities and services**|**Note 5 Donated goods, facilities and services**|
|---|---|---|
|**This year**
**Last year**
**£**
**£**
**Seconded staf**
- -
**Use of property**
- -
**Other**
- -
- -
**This year**
**Last year**|||
|**Please provide details of the**
**accounting policy for the recognition**
**and valuation of donated goods,**
**facilities and services.**|||
|**Please provide details of any**
**unfulflled conditions and other**
**contingencies attaching to resources**
**from donated goods and services not**
**recognised in income.**
**Please give details of other forms of**
**other donated goods and services not**
**recognised in the accounts, eg**
**contribution of unpaid volunteers.**|||
||||
9
## **Section C Notes to the accounts (cont)**
## **Note 6 Analysis of expenditure**
**----- Start of picture text -----**
This year Last year
Restricted
Unrestricted Restricted Endowment Unrestricted income Endowment
Analysis funds income funds funds Total funds funds funds funds Total funds
Expenditure on raising funds: £ £
Incurred seeking donations 15,942 4,884 - 20,826 6,547 9,800 - 16,347
Incurred seeking legacies - - - - - - - -
Incurred seeking grants - - - - -
Operating membership schemes and social
lotteries
- - - - -
Staging fundraising events
- - - - -
Fudraising agents - - - - -
Operating charity shops - - - - -
Operating a trading company undertaking non-
charitable trading activity
- - - - -
Advertising, marketing, direct mail and publicity
- - - - - - - -
Start up costs incurred in generating new
source of future income
- - - - - - - -
Database development costs - - - - - - - -
Other trading activities - - - - -
Investment management costs: - - - - -
Portfolio management costs - - - - - - - -
Cost of obtaining investment advice
- - - - - - - -
Investment administration costs
- - - - - - - -
Intellectual property licencing costs
- - - - - - - -
Rent collection, property repairs and
maintenance charges - - - - - - - -
- - - - - - - -
Total expenditure on raising funds 15,942 4,884 - 20,826 6,547 9,800 - 16,347
Expenditure on charitable activities:
Architect, design and consultants' fees 128,629 57,456 - 186,085 81,557 5,000 - 86,557
Outreach and media 13,423 4,520 - 17,943 100 - - 100
Legal - 4,307 6,506 - 2,199 22,097 8,631 - 30,728
Insurance 891 - 891 897 897
Other expenses 8,066 2,651 10,717 2,101 2,101
146,702 71,133 - 217,835 106,752 13,631 - 120,383
Separate material item of expense
- - - - - - - -
- - - - - - - -
- - - - - - - -
Total - - - - - - - -
Other
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
Total other expenditure - - - - - - - -
TOTAL EXPENDITURE 162,644 76,017 - 238,661 113,299 23,431 - 136,730
**----- End of picture text -----**
## **Other information: Analysis of expenditure on charitable activities**
**----- Start of picture text -----**
This year Last year
Activities Grant Activities Grant
Activity or programme undertaken directly funding of activities Support Costs Total this year undertaken directly funding of activities Support Costs Total last year
£ £ £ £ £ £ £ £
Activity 1 - - - - - - - -
Activity 2 - - - - - - - -
Other - - - - - - - -
Total - - - - - - - -
**----- End of picture text -----**
10
## **Section C Notes to the accounts (c**
## **Note 7 Extraordinary items**
## _**Please explain the nature of each extraordinary item occurring in the period.**_
|**Description**
**This year**
**Last year**
**£**
**£**
**Extraordinary item 1**
- -
**Extraordinary item 2**
- -
- -
**Extraordinary item 3**
- -
**Extraordinary item 4**
- -
**Total extrordinary items**
- -|**Description**
**This year**
**Last year**
**£**
**£**
**Extraordinary item 1**
- -
**Extraordinary item 2**
- -
- -
**Extraordinary item 3**
- -
**Extraordinary item 4**
- -
**Total extrordinary items**
- -|**Description**
**This year**
**Last year**
**£**
**£**
**Extraordinary item 1**
- -
**Extraordinary item 2**
- -
- -
**Extraordinary item 3**
- -
**Extraordinary item 4**
- -
**Total extrordinary items**
- -|**Description**
**This year**
**Last year**
**£**
**£**
**Extraordinary item 1**
- -
**Extraordinary item 2**
- -
- -
**Extraordinary item 3**
- -
**Extraordinary item 4**
- -
**Total extrordinary items**
- -|
|---|---|---|---|
|||-|-|
||||-|
|||-|-|
|||||
|||-|-|
|||-|-|
11
## **Section C Notes to the accounts**
## **Note 8 Funds received as agent**
_**8.1 Please complete this note if the charity has agreed to administer the funds of another entity as its agent. Note: If a charity is acting as an agent, it should not recognise the income in the Statement of Financial Activities or the Balance Sheet.**_
**----- Start of picture text -----**
Amount received Amount paid out Balance held at period end
Description/name of party Related
party (Yes This year Last year This year Last year This year Last year
or No) £ £ £ £ £ £
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
Total - - - - - -
**----- End of picture text -----**
_**8.2 Where a consortia or similar arrangement exists whereby 2 or more charities co-operate to achieve economies in the purchase of goods or services, please discose details of any balances outstanding between any participating members.**_
**----- Start of picture text -----**
Description/name of party
Balance held at period end
This year Last year
£ £
- -
- -
- -
- -
- -
Total - -
**----- End of picture text -----**
12
## **Section C Notes to the accounts**
## **Note 9 Support Costs**
_**Please complete this note if the charity has analysed its expenses using activity categories and has support costs.**_
## **This year**
**----- Start of picture text -----**
Support cost Raising funds Activity 1 Activity 2 Activity 3 Grand total Basis of allocation
(examples) £ £ £ £ £ (Describe method)
Governance - - - - -
- - - - -
- - - - -
- - - - -
Other - - - - -
- - - - -
Total
**----- End of picture text -----**
## **Last year**
**----- Start of picture text -----**
Support cost Raising funds Activity 1 Activity 2 Activity 3 Grand total Basis of allocation
(examples) £ £ £ £ £ (Describe method)
Governance - - - - -
- - - - -
- - - - -
- - - - -
Other - - - - -
- - - - -
Total
**----- End of picture text -----**
_**Please provide details of the accounting policy adopted for the apportionment of costs between activities and any estimation techniques used to calculate their apportionment.**_
13
**Section C Notes to the accounts**
## **Note 10 Details of certain items of expenditure**
## **10.1 Fees for examination of the accounts**
_**Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner. If nothing was paid please enter '0' in the appropriate box(es).**_
|**_Please provide details of the amount paid for any statutory external scrutiny of_**
**_accounts and other services provided by your independent examiner. If nothing_**
**_was paid please enter '0' in the appropriate box(es)._**|||
|---|---|---|
|**Independent examiner’s fees**
**Assurance services other than audit or independent examination**
**Tax advisory fees**
**Other fees (for example: fnancial advice, consultancy, accountancy services)**
**paid to the independent examiner**|**This year**
**£**|**Last year**
**£**|
||-|-|
||-|-|
||-|-|
||-|-|
14
**Section C Notes to the accounts (cont)**
## **Note 11 Paid employees**
_**Please complete this note if the charity has any employees.**_
## **11.1 Staff Costs**
|**This year**
**Last year**
**£**
**£**
**Salaries and wages**
- -
**Social security costs**
- -
**Pension costs (defned contribution scheme)**
**Other employee benefts**
- -
**Total staf costs** - -
**This year:**
**Last year:**
**Please provide details of expenditure on staf working for the**
**charity whose contracts are with and are paid by a related**
**party**
**Please provide details of expenditure on staf working for the**
**charity whose contracts are with and are paid by a related**
**party**|**This year**
**£**|**Last year**
**£**|
|---|---|---|
||-|-|
||-|-|
||||
||-|-|
||-|-|
||||
_**Please give details of the number of employees whose total employee benefits (excluding employer pension costs) fell within each band of £10,000 from £60,000 upwards. If there are no such transactions, please enter 'true' in the box provided.**_
**No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000**
**----- Start of picture text -----**
Band Number of employees
This year Last year
£60,000 to £69,999 - -
£70,000 to £79,999 - -
£80,000 to £89,999 - -
£90,000 to £99,999 - -
£100,000 to £109,999 - -
This year Last year
£ £
Please provide the total amount paid to key management - -
personnel (includes trustees and senior management) for their
services to the charity. For specific amounts paid to trustees,
see Note 28.
This year Last year
11.2 Average head count in the year Number Number
The parts of the charity in which the Fundraising - -
employees work Charitable Activities - -
Governance - -
Other - -
Total - -
**----- End of picture text -----**
**11.3 Ex-gratia payments to employees and others (excluding trustees)** _**Please complete if an ex-gratia payment is made.**_
|**This year**
**Last year**
**This year**
**Last year**
**This year**
**Last year**
**£**
**£**
- -
**11.4 Redundancy payments**
**_Please complete if any redundancy or termination payment is made in the period._**
**This year**
**Last year**
**£**
**£**
**Total amount of payment**
- -
**This year**
**Last year**
**£**
**£**
**The extent of redundancy funding at the balance sheet date**
- -
**Please explain the nature of the**
**payment**
**Please state the legal authority or**
**reason for making the payment**
**Please state the amount of the payment (or value of any waiver**
**of a right to an asset)**
**The nature of the payment (cash,**
**asset etc.)**
**Please state the accounting policy for any redundancy or**
**termination payments**|**This year**|||
|---|---|---|---|
||**Last year**|||
|||||
15
## **Section C Notes to the accounts (cont)**
**Note 12 Defined contribution pension scheme or defined benefit scheme accounted for as a defined contribution scheme.**
## _**12.1 Please complete this note if a defined contribution pension scheme is operated.**_
|**This year**
**Last year**
**£**
**£**
**Amount of contributions recognised in the SOFA as an expense**
- -
**Please explain the basis for allocating the liability and expense**
**of defned contribution pension scheme between activities and**
**between restricted and unrestricted funds.**|**This year**|**Last year**|
|---|---|---|
||**£**
-|**£**|
|||-|
||||
## _**12.2 Please complete this section where the charity participates in a defined benefit pension plan but is unable to ascertain its share of the underlying assets and liabilities.**_
**Please confirm that although the scheme is accounted for as a defined contribution plan, it is a defined benefit plan. Please provide such information as is available about the plan's surplus or deficit and the implications, if any, for the reporting charity for this year and last year, if different**
## _**12.3 Please complete this section where the charity participates in a multi-employer defined benefit pension plan that is accounted for as a defined contribution plan.**_
**Describe the extent to which the charity can be liable to the plan for other entities' obligations under the terms and conditions of the multiemployer plan. If this is different for last year, provide details**
**Provide an explanation of how any liability arising from an agreement with a multi-employer plan to fund a deficit has been determined. If this is different for last year, provide details**
16
**Section C Notes to the accounts (cont)**
## **Note 13 Grantmaking**
_**Please complete this note if the charity made any grants or donations which in aggregate form a material part of the charitable activities undertaken.**_
## **This year:**
## **13.1 Analysis of grants paid (included in cost of charitable activities)**
**----- Start of picture text -----**
Grants to
Analysis institutions Grants to individuals Support costs Total
£ £
Activity or project 1 - - - -
Activity or project 2 - - - -
Activity or project 3 - - - -
Activity or project 4 - - - -
Total - - - -
**----- End of picture text -----**
_**Please enter “Nil” if the charity does not identify and/or allocate support costs.**_
## **13.2 Grants made to institutions**
**----- Start of picture text -----**
Please provide
details of charity's
My charity has made grants to particular institutions that are material in the Yes URL.
context of its grantmaking. Details of the institution supported, purpose of
the grant and total paid to each institution is available on the charity's web
site.
Provide details
No
below
Total amount of
Names of institution Purpose
grants paid £
-
-
-
-
-
-
-
-
-
-
Total grants to institutions in reporting period -
Other unanalysed grants -
TOTAL GRANTS PAID -
**----- End of picture text -----**
## **Last year:**
## **13.3 Analysis of grants paid (included in cost of charitable activities)**
**----- Start of picture text -----**
Grants to
Analysis institutions Grants to individuals Support costs Total
£ £
Activity or project 1 - - - -
Activity or project 2 - - - -
Activity or project 3 - - - -
Activity or project 4 - - - -
Total - - - -
**----- End of picture text -----**
_**Please enter “Nil” if the charity does not identify and/or allocate support costs.**_
## **13.4 Grants made to institutions**
**----- Start of picture text -----**
Please provide
details of charity's
My charity has made grants to particular institutions that are material in the Yes URL.
context of its grantmaking. Details of the institution supported, purpose of
the grant and total paid to each institution is available on the charity's web
site.
Provide details
No
below
Total amount of
Names of institution Purpose
grants paid £
-
-
-
-
-
-
-
-
-
-
Total grants to institutions in reporting period -
Other unanalysed grants -
TOTAL GRANTS PAID -
**----- End of picture text -----**
17
## **Section C Notes to the accounts (cont)**
## **Note 14 Tangible fixed assets**
_**Please complete this note if the charity has any tangible fixed assets**_
**14.1 Cost or valuation**
|**Total**
**£**
**£**
**£**
**£**
**£**
At the beginning of the year
- - - - -
Additions
- - - 500 500
Revaluations
- - - - -
Disposals
- - - - -
Transfers *
- - - - -
At end of the year
- - - 500 500
**14.2 Depreciation and impairments**
****Basis**
SL or RB
SL or RB
SL or RB
SL or RB
**** Rate**
At beginning of the year
- - - - -
Disposals
- - - - -
Depreciation
- - - - -
Impairment
- - - - -
Transfers*
- - - - -
At end of the year
- - - - -
**14.3 Net book value**
Net book value at the beginning of the year
- - -
0
0
Net book value at the end of the year
- - - 500 500
**14.4 Impairment**
**14.5 Revaluation**
**_If an accounting policy of revaluation is adopted, please provide:_**
**This year**
**Last year**
**_the efective date of the revaluation_**
**_the name of independent valuer, if applicable_**
**_the methods applied and signifcant assumptions_**
- -
**14.6 Other disclosures**
**This year**
**Last year**
**£**
**£**
- -
- -
**Freehold land &**
**buildings**
**Other land &**
**buildings**
**Plant,**
**machinery**
**and motor**
**vehicles**
**Fixtures, fttings**
**and equipment**
SL or RB (Straight
Line or Reducing
Balance)
**_Note: no depreciation is provided as these assets are pre-used display cases_**
**_acquired at a nominal value; and no decision has yet been made on which will_**
**_be retained and which may be sold for value._**
**_This year: Please provide a description of the events and circumstances that_**
**_led to the recognition or reversal of an impairment loss._**
**_Last year: Please provide a description of the events and circumstances that_**
**_led to the recognition or reversal of an impairment loss._**
**_the carrying amount that would have been recognised had the assets been_**
**_carried under the cost model._**
**_(i) Please state the amount of borrowing costs, if any, capitalised in the construction of_**
**_tangible fxed assets and the capitalisation rate used._**
**_(ii) Please provide the amount of contractual commitments for the acquisition of tangible_**
**_fxed assets._**
**_(iii) Details of the existence and carrying amounts of property, plant and_**
**_equipment to which the charity has restricted title or that are pledged as_**
**_security for liabilities._**|**£**
**Freehold land &**
**buildings**|**£**
**Other land &**
**buildings**|**£**
**Plant,**
**machinery**
**and motor**
**vehicles**|**£**
**Fixtures, fttings**
**and equipment**|**Total**
**£**|
|---|---|---|---|---|---|
||-|-|-|-|-|
||-|-|-|500|500|
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|500|500|
|||||**This year**|**Last year**|
|||||**£**|**£**|
|||||-|-|
|||||-|-|
|||||||
_* The "transfers" row is for movements between fixed asset categories._
_** Please indicate the method of depreciation by deleting the method not applicable (SL = straight line; RB = reducing balance). Also please indicate the rate of depreciation: for straight line, what is the anticipated life of the asset (in years); for reducing balance, what is the percentage annual deduction._
18
**Section C Notes to the accounts**
**Note 15 Intangible assets**
_**Please complete this note if the charity has any intangible assets**_
|**15.1 Cost or valuation**||||||
|---|---|---|---|---|---|
||**Research**||**&**|**Patents and**|**Other**
**Total**|
||**development**|||**trademarks**||
|||**£**||**£**|**£**
**£**|
|At beginning of the year|||-|-|- -|
|Additions|||-|-|- -|
|Disposals|||-|-|- -|
|Revaluations|||-|-|- -|
|Transfers *|||-|-|- -|
|At end of the year|||-|-|- -|
|**15.2 Amortisation and**|**impairments**|||||
||****Basis**
SL|or RB||SL or RB|SL or RB
SL or RB
Straight Line|
|At beginning of the year|**** Rate**
||-|-|- -
("SL") or
Reducing
Balance ("RB")|
|Disposals|||-|-|- -|
|Amortisation|||-|-|- -|
|Impairment|||-|-|- -|
|Transfers*|||-|-|- -|
|At end of year|||-|-|- -|
|**15.3 Net book value**||||||
|
Net book value at the beginning|||-|-|- -|
|of the year||||||
|
Net book value at the end of the|||-|-|- -|
|year||||||
## **15.4 Accounting policy**
_**Please disclose the accounting policy for intangible fixed assets including: Reasons for choosing amortisation rates**_
_**Policies for the recognition of any capital development**_
## **15.5 Impairment This year:**
_**Please provide a description of the events and circumstances that led to the recognition or reversal of an impairment loss.**_
**Last year:**
_**Please provide a description of the events and circumstances that led to the recognition or reversal of an impairment loss.**_
## **15.6 Revaluation**
_**If an accounting policy of revaluation is adopted, please provide:**_
**This year Last year** _**the effective date of the revaluation the name of independent valuer, if applicable**_
_**the methods applied**_
_**the carrying amount that would have been recognised had the assets been carried under the cost model.**_
## **15.7 Other disclosures**
_**(i) If your intangible asset was acquired by way of grant, provide value on initial recognition and carrying amount of the asset. (ii) Details of the carrying amounts of any intangible assets to which the charity has restricted title or that are pledged as security for liabilities. (iii) Please provide the amount of contractual commitments for the acquisition of intangible assets. (iv) State the amount of research and development expenditure recognised as expenditure in the year. (v) Please detail the headings in the SOFA in which a charge for amortisation of intangible assets is included. (vi) For any material intangible assets, please provide a description, its carrying amount and any remaining amortisation period.**_
_* The "transfers" row is for movements between fixed asset categories._
_** Please indicate the method of depreciation by deleting the method not applicable (SL = straight line; RB = reducing balance). Also please indicate the rate of depreciation: for straight line, what is the anticipated life of the asset (in years); for reducing balance, what is the percentage annual deduction._
19
**Section C Notes to the accounts (cont)**
**Note 16 Heritage assets**
_**Please complete this note if the charity has heritage assets**_
## **16.1 General disclosures for all charities holding heritage assets**
**----- Start of picture text -----**
This year Last year
(i) Explain the nature and scale of heritage assets held. pair of reproduction mirrors copying a pair The most significant heritage assets are a originally in the house. Sundry small items for future display in the museum.
(ii) Explain the policy for the The trust will acquire assets as they become The trust will acquire assets as they
acquisition, preservation, available to recreate the historic interiors of become available to recreate the historic
management and disposal of the house. Heritage assets will not be interiors of the house. Heritage assets will
heritage assets. depreciated. not be depreciated.
16.2 Cost or valuation
Items for Reproduction Heritage asset Heritage asset Total
future display mirrors 3 4
£ £ £ £ £
At beginning of the year 2,572 - - - 2,572
Additions - 7,707 - - 7,707
Disposals - - - - -
Revaluations - - - - -
Transfers * - - - - -
At end of the year 2,572 7,707 - - 10,279
16.3 Depreciation and impairments
**Basis Straight Line
("SL") or
Reducing
Balance
** Rate ("RB")
At beginning of the year - - - - -
Disposals - - - - -
Depreciation - - - - -
Impairment - - - - -
Transfers* - - - - -
At end of year - - - - -
16.4 Net book value
Net book value at the beginning of the 2,572 - - - 2,572
year
Net book value at the end of the year 2,572 7,707 - - 10,279
**----- End of picture text -----**
## **16.5 Impairment**
## **This year**
_**Please provide a description of the events and circumstances that led to the recognition or reversal of an impairment loss.**_
## **Last year**
_**Please provide a description of the events and circumstances that led to the recognition or reversal of an impairment loss.**_
## **16.6 Revaluation**
_**If an accounting policy of revaluation is adopted, please provide:**_
**----- Start of picture text -----**
This year Last year
the effective date of the revaluation
the name of independent valuer, if applicable
qualifications of independent valuer
the methods applied and significant assumptions
any significant limitations on the valuation
16.7 Analysis of heritage assets by class or group distinguishing those at cost and those at valuation
At valuation At cost Group Total
Group A B
£ £ £
Carrying amount at the beginning of the - 2,572 2,572
period
Additions - 7,707 7,707
Disposals - - -
Depreciation/impairment - - -
Revaluation - - -
Carrying amount at the end of period - 10,279 10,279
16.8 Heritage assets (where heritage assets are not recoignised on the balance sheet)
This year Last year
(i) Explain the reason why heritage
assets have not been recognised on
the balance sheet.
(ii) Describe the significance and
nature of heritage assets.
(iii) Disclose information that is
helpful in assessing the value of
heritage assets.
(iv) Explain the reason why it is not
practicable to obtain a valuation of
heritage assets.
16.9 Five year summary of heritage assets transactions
2015 2014 2013 2012 2011
£ £ £ £ £
Purchases
Group A - - - - -
Group B - - - - -
Group C -
Other -
Donations
Group A - - - - -
Group B - - - - -
Group C - - - - -
Other - - - - -
Total additions - - - - -
Charge for impairment
Group A - - - - -
Group B - - - - -
Group C - - - - -
Other - - - - -
Total charge for impairment - - - - -
Disposals
Group A - carrying amount - - - - -
Group B - carrying amount - - - - -
Group C - - - - -
Other - - - - -
Total disposals - - - - -
**----- End of picture text -----**
20
**Section C Notes to the accounts (cont)**
**Note 17 Investment assets**
_**Please complete this note if the charity has any investment assets.**_
## **17.1 Fixed assets investments (please provide for each class of investment)**
|**Less: impairments**
**Add: Reversal of impairments**
Carrying (fair) value at end of year
Carrying (fair) value at beginning of
period
**Add:**additions to investments during
period*
**Less:**disposals at carrying value
**Add/(deduct):**transfer in/(out) in the
period
**Add/(deduct):**net gain/(loss) on
revaluation|**Cash & cash**
**equivalents**|
**Listed**
**investments**|**Investment**
**properties**|**Social**
**investments**|**Other**|**Total**|
|---|---|---|---|---|---|---|
||-|-|-|-|-|-|
||-|-|-|-|-|-|
||-|-|-|-|-|-|
||-|-|-|-|-|-|
||-|-|-|-|-|-|
||-|-|-|-|-|-|
||-|-|-|-|-|-|
||-|-|-|-|-|-|
***Please specify additions resulting from acquisitions through business combinations, if any.**
_**Please note that Fair Value in this context is the amount for which an asset could be exchanged between knowlegable and willing parties in an arm's length transaction. For traded securities, the fair value is the value of the security quoted on the London Stock Exchange Daily Official List or equivalent. For other assets where there is no market price on a traded market, it is the trustees' or valuers' best estimate of fair value.**_
## **17.2 Please provide a breakdown of investments shown above agreeing with the balance sheet row B04 differentiating between those held at fair value and those held at cost less impairment.**
**This year: Analysis of investments**
|**Analysis of investments**
**Fair value at year end**
**Cost less i**
**£**
**Cash or cash equivalents**
-
**Listed investments**
-
**Investment properties**
-
**Social investments**
-
-
**Total**
-
**Grand total (Fair value at year end+Cost less impairment)**
**Last year:**
**Analysis of investments**
**Fair value at year end**
**Cost less i**
**£**
**Cash or cash equivalents**
-
**Listed investments**
-
**Investment properties**
-
**Social investments**
-
-
**Total**
-
**Grand total (Fair value at year end+Cost less impairment)**
**17.3 If your charity holds investment properties, please complete the following note:**
**This year**
**Last**
**17.4 Please provide a breakdown of current asset investments, if applicable, agreeing with the**
**Analysis of current asset investments**
**This year**
**Last**
**£**
**Cash or cash equivalents**
-
**Listed investments**
-
**Investment properties**
-
**Social investments**
-
-
**Total**
-
**17.5 Guarantees**
**This year**
**17.6 Concessionary loans**
**_Description_**
**_Total_**
**_Description_**
**_Total_**
**This year**
**Amounts payable within 1 year**
**Amounts payable after more than 1 year**
**Amounts receivable within 1 year**
**Amounts receivable after more than 1 year**
**17.7 Additional information**
**This year**
**Other investments**
**Other investments**
**(i) Explain the methods and signifcant assumptions in**
**determining the fair value of investment property held by**
**the charity**
**(ii) Name or independent valuer, if applicable, and**
**relevant qualifcations**
**(iii) Provide details of any restrictions on the ability to**
**realise investment property or on the remittance of income**
**or disposal proceeds**
**(iv) Explain any contractual obligations for the purchase,**
**construction or development of investment property or for**
**repairs, maintenance or enhancements**
**Other investments**
**Please provide details and amount of any guarantee made**
**to or on behalf of a third party**
**Name of the entity or entities beneftting from those**
**guarantees**
**Please explain how the guarantee furthers the charity's**
**aims**
**Amount of concessionary loans made (****_Multiple_**
**_loans made may be disclosed in aggregate provided_**
**_that such aggregation does not obsure signifcant_**
**_information_).**
**Amount of concessionary loans received**
**_(Multiple loans received may be disclosed in_**
**_aggregate provided that such aggregation does not_**
**_obsure signifcant information)._**
**Terms and conditions eg interest rate, security**
**provided**
**Value of any concessionary loans which have**
**been committed but not taken up at the**
**reporting date**
**Please provide information about the**
**signifcance of investments to the charity's**
**fnancial position or performance eg. terms and**
**conditions of loans or the use of hedging to**
**manage fnancial risk.**
**For all investments measured at fair value, the**
**basis for determining the value, including any**
**assumptions applied when using a valuation**
**technique.**
**Where a charity has provided fnancial assets as**
**a form of security, the carrying amount of the**
**fnancial asset pledged as security and the**
**terms and conditions relating to its pledge.**|**Analysis of investments**
**Fair value at year end**
**Cost less i**
**£**
**Cash or cash equivalents**
-
**Listed investments**
-
**Investment properties**
-
**Social investments**
-
-
**Total**
-
**Grand total (Fair value at year end+Cost less impairment)**
**Last year:**
**Analysis of investments**
**Fair value at year end**
**Cost less i**
**£**
**Cash or cash equivalents**
-
**Listed investments**
-
**Investment properties**
-
**Social investments**
-
-
**Total**
-
**Grand total (Fair value at year end+Cost less impairment)**
**17.3 If your charity holds investment properties, please complete the following note:**
**This year**
**Last**
**17.4 Please provide a breakdown of current asset investments, if applicable, agreeing with the**
**Analysis of current asset investments**
**This year**
**Last**
**£**
**Cash or cash equivalents**
-
**Listed investments**
-
**Investment properties**
-
**Social investments**
-
-
**Total**
-
**17.5 Guarantees**
**This year**
**17.6 Concessionary loans**
**_Description_**
**_Total_**
**_Description_**
**_Total_**
**This year**
**Amounts payable within 1 year**
**Amounts payable after more than 1 year**
**Amounts receivable within 1 year**
**Amounts receivable after more than 1 year**
**17.7 Additional information**
**This year**
**Other investments**
**Other investments**
**(i) Explain the methods and signifcant assumptions in**
**determining the fair value of investment property held by**
**the charity**
**(ii) Name or independent valuer, if applicable, and**
**relevant qualifcations**
**(iii) Provide details of any restrictions on the ability to**
**realise investment property or on the remittance of income**
**or disposal proceeds**
**(iv) Explain any contractual obligations for the purchase,**
**construction or development of investment property or for**
**repairs, maintenance or enhancements**
**Other investments**
**Please provide details and amount of any guarantee made**
**to or on behalf of a third party**
**Name of the entity or entities beneftting from those**
**guarantees**
**Please explain how the guarantee furthers the charity's**
**aims**
**Amount of concessionary loans made (****_Multiple_**
**_loans made may be disclosed in aggregate provided_**
**_that such aggregation does not obsure signifcant_**
**_information_).**
**Amount of concessionary loans received**
**_(Multiple loans received may be disclosed in_**
**_aggregate provided that such aggregation does not_**
**_obsure signifcant information)._**
**Terms and conditions eg interest rate, security**
**provided**
**Value of any concessionary loans which have**
**been committed but not taken up at the**
**reporting date**
**Please provide information about the**
**signifcance of investments to the charity's**
**fnancial position or performance eg. terms and**
**conditions of loans or the use of hedging to**
**manage fnancial risk.**
**For all investments measured at fair value, the**
**basis for determining the value, including any**
**assumptions applied when using a valuation**
**technique.**
**Where a charity has provided fnancial assets as**
**a form of security, the carrying amount of the**
**fnancial asset pledged as security and the**
**terms and conditions relating to its pledge.**||||
|---|---|---|---|---|
|||**Fair value at year end**|**Cost less i**|**mpairment**|
|||**£**||**£**|
|||-||-|
|||-||-|
|||-||-|
|||-||-|
|||-||-|
|||-||-|
|||||-|
|||**This year**||**Last year**|
||||||
||||||
||||||
|||||**This year £**
**Last year £**
- -
- -
- -
- -
- -
**This year £**
**Last year £**
- -
- -
- -
- -
**Last year**
**Last year**|
||**This year**|||**Last year**|
||||||
||||||
||||||
21
**Section C Notes to the accounts (cont)**
## **Note 18 Stocks**
## _**Please complete this note if the charity holds any stock items**_
## **18.1 Please state the carrying amount of stock and work in progress analysed between activities.**
|**activities.**||||||
|---|---|---|---|---|---|
|**Stock**
**Donated goods**
**For resale**
**For resale**
**£**
**£**
**£**
**£**
**£**
**Charitable activities:**
**_Opening_**
- - - - -
**_Added in period_**
- - - - -
**_Expensed in period_**
- - - - -
**_Impaired_**
- - - - -
**_Closing_**
**- - - - -**
**Other trading activities:**
**_Opening_**
- - - - -
**_Added in period_**
- - - - -
**_Expensed in period_**
- - - - -
**_Impaired_**
- - - - -
**_Closing_**
**- - - - -**
**Other:**
**_Opening_**
- - - - -
**_Added in period_**
- - - - -
**_Expensed in period_**
- - - - -
**_Impaired_**
- - - - -
**_Closing_**
**- - - - -**
**Total this year**
- - - - -
**_Total previous year_**
- - - - -
**This year**
**Last year**
**£**
**£**
**Work in**
**progress**
**For**
**distribution**
**For**
**distribution**
**18.2 Please specify the carrying amount of**
**any stocks pledged as security for liabilities**|**Stock**||**Donated goods**||**Work in**
**progress**|
||**For**
**distribution**|**For resale**|**For**
**distribution**|**For resale**||
||**£**|**£**|**£**|**£**|**£**|
|||||||
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||**-**|**-**|**-**|**-**|**-**|
|||||||
|||||||
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||**-**|**-**|**-**|**-**|**-**|
|||||||
|||||||
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||-|-|-|-|-|
||**-**|**-**|**-**|**-**|**-**|
||-|-|-|-|-|
||-|-|-|-|-|
|||**This year**||**Last year**||
|||**£**||**£**||
|||||||
22
## **Section C Notes to the accounts (cont)**
## **Note 19 Debtors and prepayments**
_**Please complete this note if the charity has any debtors or prepayments.**_
|**Note 19 Debtors and prepayments**
**_Please complete this note if the charity has any_**
**_debtors or prepayments._**|||
|---|---|---|
|**19.1 Analysis of debtors**
**VAT receivable**
**Donations pledged**
**Other debtors**|**This year**
**£**|**Last year**
**£**|
||16,730|3,242|
||50,000|0|
||0|0|
||66,730|3,242|
## **Total**
## _**Please complete 19.2 where a material debtor is recoverable more than a year after the reporting date.**_
## **19.2 Analysis of debtors recoverable in more than 1 year (included in debtors above)**
|**Trade debtors**
**Prepayments and accrued income**
**Other debtors**
**Total**|**This year**
**£**|**Last year**
**£**|
|---|---|---|
||-|-|
||-|-|
||-|-|
||-|-|
||-|-|
23
## **Section C Notes to the accounts (cont)**
## **Note 20 Creditors and accruals**
_**Please complete this note if the charity has any creditors or accruals.**_
## **20.1 Analysis of creditors**
|**Accruals for grants payable**
**Loan from a trustee**
**Trade creditors**
**Accruals and deferred income**
**Taxation and social security**
**Other creditors**
**Total**
**Payments received on account for contracts or**
**performance-related grants**|**Amounts falling due**
**within one year**|**Amounts falling due**
**within one year**|**Amounts falling due after**
**more than one year**|**Amounts falling due after**
**more than one year**|
|---|---|---|---|---|
||**This year**
**£**|**Last year**
**£**|**This year**
**£**|**Last year**
**£**|
||-|-|-|-|
||-|20,000|-|-|
||7,624|29,229|-|-|
||-|-|-|-|
||-|-|-|-|
||-|-|-|-|
||-|-|-|-|
||7,624|49,229|-|-|
## **20.2 Deferred income**
_**Please complete this note if the charity has deferred income.**_
|**20.2 Deferred income**
**_Please complete this note if the charity has deferred income._**|**_income._**|||
|---|---|---|---|
|**This year**
**Last year**
**_Please explain the reasons why income is deferred._**
**_Movement in deferred income account_**
**This year**
**Last year**
**£**
**£**
**Balance at the start of the reporting period**
- -
**Amounts added in current period**
- -
**Amounts released to income from previous periods**
- -
**Balance at the end of the reporting period**
- -|**This year**|**Last year**||
|||||
|||**This year**
**£**|**Last year**
**£**|
|||-|-|
|||-|-|
|||-|-|
|||-|-|
24
## **Section C Notes to the accounts (cont)**
## **Note 21 Provisions for liabilities and charges**
_**Please complete this note if you have included in charity expenditure any provisions. A provision is made when the charity has a liability of uncertain timing or amount.**_
## **21.1 Movements in recognised provisions and funding commitment during the period**
|**This year**
**Last year**
**£**
**£**
**Balance at the start of the reporting period**
- -
**Amounts added in current period**
- -
**Amounts charged against the provision in the current period**
- -
**Unused amounts reversed during the period**
- -
**Balance at the end of the reporting period**
- -
**21.2 Please provide:**
**This year**
**Last year**
**This year**
**Last year**
**- a brief description of any obligations on the**
**balance sheet and the expected amount and timing**
**of resulting payments;**
**- an indication of the uncertainties about the**
**amount or timing of those outfows; and**
**- the amount of any expected reimbursement,**
**stating the amount of any asset that has been**
**recognised for that expected reimbursement.**
**21.3 For any funding commitment that is not**
**recognised as a liability or provision, provide**
**details of commitment made, the time frame of that**
**commitment, any performance-related conditions**
**and details of how the commitment will be funded**
**(with contracts for capital expenditure separately**
**identifed).**
**21.4 Where unrestricted funds have been**
**designated to a fund commitment, please disclose**
**the nature of any amounts designated and the**
**likely timing of that expenditure.**|**This year**
**Last year**
**£**
**£**
**Balance at the start of the reporting period**
- -
**Amounts added in current period**
- -
**Amounts charged against the provision in the current period**
- -
**Unused amounts reversed during the period**
- -
**Balance at the end of the reporting period**
- -
**21.2 Please provide:**
**This year**
**Last year**
**This year**
**Last year**
**- a brief description of any obligations on the**
**balance sheet and the expected amount and timing**
**of resulting payments;**
**- an indication of the uncertainties about the**
**amount or timing of those outfows; and**
**- the amount of any expected reimbursement,**
**stating the amount of any asset that has been**
**recognised for that expected reimbursement.**
**21.3 For any funding commitment that is not**
**recognised as a liability or provision, provide**
**details of commitment made, the time frame of that**
**commitment, any performance-related conditions**
**and details of how the commitment will be funded**
**(with contracts for capital expenditure separately**
**identifed).**
**21.4 Where unrestricted funds have been**
**designated to a fund commitment, please disclose**
**the nature of any amounts designated and the**
**likely timing of that expenditure.**|**This year**
**£**|**Last year**
**£**|
|---|---|---|---|
|||-|-|
|||-|-|
|||-|-|
|||-|-|
|||-|-|
|||||
25
**Section C Notes to the accounts (cont)**
## **Note 22 Other disclosures for debtors, creditors and other basic financial instruments**
|**This year**
**Last year**
**22.1 Please provide information about the signifcance of**
**fnancial instruments (eg. debtors, creditors, investments**
**etc) to the charity's fnancial position or performance, for**
**example, the terms and conditions of loans or the use of**
**hedging to manage fnancial risk.**
**22.2 If the charity has provided fnancial assets as a form**
**of security, the carrying amount of the fnancial assets**
**pledged as security and the terms and conitions related to**
**its pledge should be given here.**|**This year**|**Last year**|
|---|---|---|
||||
||||
26
**Section C Notes to the accounts (cont)**
## **Note 23 Contingent liabilities and contingent assets**
## **23.1 Contingent liabilities**
**Where the charity has contingent liabililities, please complete the following section unless the possibility of their existence is remote.**
## **This year**
**Description of item including its legal nature. Please describe any security provided in connection to the liability.**
**Estimate of financial effect**
## **Last year**
**Description of item including its legal nature. Please describe any security provided in connection to the liability.**
**Estimate of financial effect**
## **23.2 Contingent assets**
**Where the charity has contingent assets, please complete the following section when their existence is probable**
## **This year**
**Description of item Estimate of financial effect**
## **Last year**
**Description of item**
**Estimate of financial effect**
## **23.4 Other disclosures for contingent assets and/or liabilities Please provide the following information where practicable:**
**This year Last year**
**Explain any uncertainties relating to the amount or timing of settlement; and the possibilty of any reimbursement**
**Where it is not practical to make one or more of these disclosures, please state this fact**
27
## **Section C Notes to the accounts (cont)**
## **Note 24 Cash at bank and in hand**
|**Note 24 Cash at bank and in hand**|||
|---|---|---|
|**Short term cash investments (less than 3 months maturity date)**
**Short term deposits**
**Cash at bank and on hand**
**Other**
**Total**|**This year**
**£**|**Last year**
**£**|
||-|-|
||-|-|
||94,631|112,066|
||-|-|
||94,631|112,066|
28
**Section C Notes to the accounts**
## **Note 25 Fair value of assets and liabilities**
|**This year**
**Last year**
**25.1 Please provide details of the charity's**
**exposure to credit risk (the risk of incurring a**
**loss due to a debtor not paying what is owed) ,**
**liquidity risk (the risk of not being able to meet**
**short term fnancial demands) and market risk**
**(the risk that the value of an investment will fall**
**due to changes in the market) arising from**
**fnancial instruments to which the charity is**
**exposed at the end of the reporting period and**
**explain how the charity manages those risks.**
**25.2 Please give details of the amount of change**
**in the fair value of basic fnancial instruments**
**(debtors, creditors, investments (see section 11,**
**FRS 102 SORP)) measured at fair value through**
**the SoFA that is attributable to changes in credit**
**risk.**|**This year**
**Last year**
**25.1 Please provide details of the charity's**
**exposure to credit risk (the risk of incurring a**
**loss due to a debtor not paying what is owed) ,**
**liquidity risk (the risk of not being able to meet**
**short term fnancial demands) and market risk**
**(the risk that the value of an investment will fall**
**due to changes in the market) arising from**
**fnancial instruments to which the charity is**
**exposed at the end of the reporting period and**
**explain how the charity manages those risks.**
**25.2 Please give details of the amount of change**
**in the fair value of basic fnancial instruments**
**(debtors, creditors, investments (see section 11,**
**FRS 102 SORP)) measured at fair value through**
**the SoFA that is attributable to changes in credit**
**risk.**|**This year**
**Last year**
**25.1 Please provide details of the charity's**
**exposure to credit risk (the risk of incurring a**
**loss due to a debtor not paying what is owed) ,**
**liquidity risk (the risk of not being able to meet**
**short term fnancial demands) and market risk**
**(the risk that the value of an investment will fall**
**due to changes in the market) arising from**
**fnancial instruments to which the charity is**
**exposed at the end of the reporting period and**
**explain how the charity manages those risks.**
**25.2 Please give details of the amount of change**
**in the fair value of basic fnancial instruments**
**(debtors, creditors, investments (see section 11,**
**FRS 102 SORP)) measured at fair value through**
**the SoFA that is attributable to changes in credit**
**risk.**|
|---|---|---|
||||
29
## **Section C Notes to the accounts (cont)**
## **Note 26 Events after the end of the reporting period**
_**Please complete this note events (not requiring adjustment to the accounts) have occurred after the end of the reporting period but before the accounts are authorised which relate to conditions that arose after the d f th ti i d**_
**This year Last year**
**Please provide details of the nature of the event**
**Provide an estimate of the financial effect of the event or a statement that such an estimate cannot be made**
30
## **Section C Notes to the accounts (cont)**
## **Note 27 Charity funds**
## **27.1 Details of material funds held and movements during the CURRENT reporting period**
_**Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds'. The 'Total funds' figure below should reconcile to 'Total funds' in the blanace sheet.**_
_*** Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds**_
**----- Start of picture text -----**
Fund Fund
balances balances
Type PE, EE R or UR * Purpose and Restrictions brought Gains and carried
forward Income Expenditure Transfers losses forward
Fund names £ £ £ £ £ £
These funds from the National Heritage
Lottery Fund and certain other donors are
conditional on the delivery of specific
Delivery funds R aspects of the museum project. 27,377 48,640 - 76,017 - - -
- - - - - -
Unrestricted funds UR 41,274 285,886 - 162,644 - - 164,516
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
Other funds N/a N/a - - -
Total Funds 68,651 334,526 - 238,661 - - 164,516
**----- End of picture text -----**
31
## **Section C Notes to the accounts (cont)**
## **Note 27 Charity funds (cont)**
## **27.2 Details of material funds held and movements during the PREVIOUS reporting period**
_**Please give details of the movements of material individual funds in the reporting period together with a balancing figure for 'Other funds'. The 'Total funds' figure below should reconcile to 'Total funds' in the blanace sheet.**_
_*** Key: PE - permanent endowment funds; EE - expendible endowment funds; R - restricted income funds, including special trusts, of the charity; and U - unrestricted funds**_
**----- Start of picture text -----**
Fund Fund
balances balances
Type PE, EE R or UR * Purpose and Restrictions brought Gains and carried
forward Income Expenditure Transfers losses forward
Fund names £ £ £ £ £ £
These funds from the National Heritage
Lottery Fund and certain other donors are
conditional on the delivery of specific
Delivery funds R aspects of the museum project. 5,008 45,800 - 23,431 - - 27,377
- - - - - -
Unrestricted funds UR 19,760 134,813 - 113,299 - - 41,274
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
Other funds N/a N/a - - -
Total Funds 24,768 180,613 - 136,730 - - 68,651
**----- End of picture text -----**
32
**Section C Notes to the accounts (cont)**
## **Note 27 Charity funds (cont)**
## **27.3 Transfers between funds**
**----- Start of picture text -----**
This year
Reason for transfer and where endowment is converted to Amount
income, legal power for its conversion
Between unrestricted and
restricted funds
Between endowment and
restricted funds
Between endowment and
unrestricted funds
**----- End of picture text -----**
## **Last year**
**----- Start of picture text -----**
Reason for transfer and where endowment is converted to Amount
income, legal power for its conversion
Between unrestricted and
restricted funds
Between endowment and
restricted funds
Between endowment and
unrestricted funds
**----- End of picture text -----**
## **27.4 Designated funds**
**----- Start of picture text -----**
This year
Planned use Purpose of the designation Amount
**----- End of picture text -----**
**----- Start of picture text -----**
Last year
Planned use Purpose of the designation Amount
**----- End of picture text -----**
33
**Section C Notes to the accounts (cont)**
**Note 28 Transactions with trustees and related parties**
_**If the charity has any transactions with related parties (other than the trustee expenses explained in guidance notes) details of such transactions should be provided in this note. If there are no transactions to report, please enter “True” in the box or "False" if there are transactions to report.**_
## **28.1 Trustee remuneration and benefits**
## **This year**
**None of the trustees have been paid any remuneration or received any other benefits from an employment with their charity or a related entity (True or False)**
**1**
_**In the period the charity has paid trustees remuneration and benefits. Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee by the charity or any institution or company connected with it.**_
**----- Start of picture text -----**
Amounts paid or benefit value
Name of trustee Legal authority (eg order, governing document) Remuneration contributionPension Redundancy (including office)/ex loss of Other TOTAL
gratia
£ £ £ £ £
- - - - [ - ]
- - - - [ - ]
- - - - [ - ]
- - - - [ - ]
Please give details of why remuneration or other 1
employment benefits were paid.
Where an ex gratia payment has been made to a trustee,
provide an explanation of the nature of the payment.
Last year
None of the trustees have been paid any remuneration or received any other benefits from an 1
employment with their charity or a related entity (True or False)
**----- End of picture text -----**
_**In the period the charity has paid trustees remuneration and benefits. Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee by the charity or any institution or company connected with it.**_
**----- Start of picture text -----**
Amounts paid or benefit value
Remuneration Pension Redundancy Other TOTAL
Name of trustee Legal authority (eg order, governing contribution (including loss of
document) office)/ex
gratia
£ £ £ £
- - - - [ - ]
- - - - [ - ]
- - - - [ - ]
- - - - [ - ]
Please give details of why remuneration or other
employment benefits were paid.
Where an ex gratia payment has been made to a trustee,
provide an explanation of the nature of the payment.
28.2 Trustees' expenses
If the charity has paid trustees expenses for fulfilling their duties, details of such transactions should be provided in
this note. If there are no transactions to report, please enter “True” in the box below. If there are transactions to
report, please enter "False".
No trustee expenses have been incurred (True or False) 1
Type of expenses reimbursed This year£ Last year£
Travel - -
Subsistence - -
Accommodation - -
Other (please specify): - -
- -
TOTAL - -
**----- End of picture text -----**
**Please provide the number of trustees reimbursed for expenses or who had expenses paid by the charity**
## **28.3 Transaction(s) with related parties**
_**Please give details of any transaction undertaken by (or on behalf of) the charity in which a related party has a material interest, including where funds have been held as agent for related parties. If there are no such transactions, please enter 'true' in the box provided.**_
## **This year**
**----- Start of picture text -----**
There have been no related party transactions in the reporting period (True or False) 0
Amounts
Name of the trustee or related party Relationship to charity Description of the transaction(s) Amount period endBalance at debts at period endProvision for bad written off reporting during
period
£ £ £ £
Lord Cholmondeley Co-Chairman Loan repaid 20,000 0
In relation to the transactions above, please provide the
terms and conditions, including any security and the
nature of any payment (consideration) to be provided in
settlement. See below
For any related party, please provide details of any
guarantees given or received. None
Last year
There have been no related party transactions in the reporting period (True or False) 0
Amounts
Name of the trustee or related party Relationship to charity Description of the transaction(s) Amount period endBalance at debts at period endProvision for bad written off reporting during
period
£ £ £ £
Lord Cholmondeley Co-Chairman Loan to the Trust 20,000 20,000
In relation to the transactions above, please provide the
terms and conditions, including any security and the
nature of any payment (consideration) to be provided in
settlement. Short term loan granted to the Trust interest free and without security.
For any related party, please provide details of any
guarantees given or received.
None
**----- End of picture text -----**
34
**Note 29 Additional Disclosures**
**separate sheet.**
## **Independent examiner's report on the accounts**
## **Section A Independent Examiner’s Report**
**Report to the trustees/** Charity Name Trent Park Museum Trust **members of On accounts for the year** 31 December 2021 **Charity no** 1169382 **ended (if any) Set out on pages** 1 to 36 (SOFA, Balance Sheet and Note tabs N1 to N29) I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/12/2021. **Responsibilities and** As the charity's trustees, you are responsible for the preparation of the **basis of report** accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
**Independent** The charity’s gross income exceeded £250,000 and I am qualified to **examiner's statement** undertake the examination by being a qualified member of the Chartered Institute of Public Finance and Accountancy.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
- the accounting records were not kept in accordance with section 130 of the Charities Act; or
- the accounts did not accord with the accounting records; or
- the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
|**Signed:**
**Name:**
**Relevant professional**
**qualification(s) or body**
**(if any):**|Edward Knight
**Date:**|26/10/2022|
|---|---|---|
||||
||||
||Edward Knight||
||||
||Chartered Institute of Public Finance and Accountancy||
1
**Oct 2018**
**IER**
**Address:** 75 Corinne Road London N19 5HA
## **Section B Disclosure**
Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).
**Give here brief details of any items that the examiner wishes to disclose** .
2
**Oct 2018**
**IER**