Charily registration number 1169382 TRENT PARK MUSEUM TRUST ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 TRENT PARK MUSEUM TRUST LEGAL AND ADMINISTRATIVE INFORMATION Trustees Mf J Charalambou5 Ico-chairmani Mr A Sheridan Mr A Perkin The Marquess of Cholmondeley GCVO DL Ico-chairmanl Ms H Lederer Mr A Kafkaris Mr W Newn)an Mrs F Metides Mr K4 Pemberton OBE IAppoinled 3 July 20231 Appoinied 28 June 20241 Charity number 1169382 Prlnclpal zddre5$ Esiate Office Houghton Kings Lynn Norfolk PE31 6UE Independent exarniner Mapus.Smilh & Lemfflon LLP 48 King Slreei King's Lynn Norfolk England PE30 IHE TRENT PARK MUSEUM TRUST CONTENTS Payt Truslees. report Independeni examiner's report Slaiemenl ol financial a¢livilies Balance sheet Slaiemenl of cash nows Notes 10 the Iinancial stalemenis 8- 13 TRENT PARK MUSEUM TRUST TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 The Irusiees present their annual report and financial statements for Ihe year ended 31 December 2023. The fiiiancial SlaleineNls have been prepared In accordance with the accouiiling policies sel out in note 1 lo the fiiancial slaiemenls and. comply wilh Ihe Irusi'5 conslilution. Ihe Charities Aci 2011 and 'Accouniing and Reporling by ChariiiES Slalement ol RecorHmended Praciice applicatsle lo charilie.s preparing Iheir accounts In accordance with Ihe Financial Reporting Slan¢ard applicable In ihe UK aiid Republic of Ireland IFRS 1021" leffeclive 1 January 20191. Objectives and octivities The Trust was esiablishe(I lo advance Ihe education of the public, and lo promcle research lor the public benefil in connectioii with Ihe hislory ol the Iisled Trent Park House. 11 Is the objective of Ihe Irusl to establish and maintain a museum ai the sile. Land ai Trent Park In Enlield. London was acquired by Berkeley Homes In Sepien?tyer 2015 lor conslruclion ol arouncl 245 hom?s on the sile. However. Ihe applicaiion for and Ihe ultimate grant of planning permis$ioii lor developtTieiil of the wider Trent Park s11a were based upon the eslablighmeni of a musèiim williin Ihe ground noor an(J basement of Trent Park HDU5e. In 2017. the Trusi enlergd into an agreement lo lease with 8erkeley Hornes bul due lo COVID relaied delays Ihal ag￿e[￿ent expired Al Ihe year end Ihe Tru51 was in negotiations with 8erkeley Homes for fjew agreement for the lease. Since the reportll)q yBriod eiid Ihe Trusi has agreed a new lease for the niuseuffl on a 50 ye31 terni The Tru51 has continued ¢0 fundraise for rhe purposes of achieving It5 obieclive of eslablishing and maintaining a rnus&um ai Treni Park House 10 advanc8 the educalion of t*ie public on the liisiory of Trent Park House. Ouring the year ende December 2023. Ihe Trusi continued 10 secure funding Irom niaior Charitable Foundations and oiher aoiiors 10 lacililaie the a¢quisilions. exhibiiion design aiicl capital funding for tye proiect. When planning Iheir actsvilies for the period an(1 In exerc151Trg Ilieir powers an¢ dutses the Trusiee5 had due regard 10 the Commission s guidance on public benefit. The aclivitjes ol Ihe TrLisI have been direcled al Ihe esiablisl?meni ol a museuin al Treni Park ktouse oper, Io Ihe general public and Ihe Truslees ¢onsider thai Ihese aciiviiies are consisieni with the Charily Commission s guidance and Ils requiremenls lo provide benefil Io Ihe public. In line with Ihese obieclives. acliviiies during the period Inclu¢ed maintaining an active online presence Ihrots9h social media, our website and regular newsleiiers. TRENT PARK MUSEUM TRUST TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Achlevèfflents and performance Ouriiig Ihe year ltte Tw51ees conliiiued dialogtje with Berkeley Homes concerning Ihe timeline lor cornplelion of the Iheir works and Ihe handing over of the museLim s space In tho mansion house Al the en¢ ol this work Il Is anlicipaled that we 11 lake some six rnonths 10 In51all Ihe mliseuni s exhibilions and eisplays The landlord. Berkeley Homes. have experienced ongoing structural anij other relevant complication5 Wllh Iheir consiruction work aiio the plan for a full public opening of the niu5eum ai the 5tdrt of the 2025 wsitor season ha5 a5 a resull been delayed to 2026. During 2022. pledges an¢ gran15 were received from a range ol chariiable Irusis and founda.ions Including the Sybil ChantaLle Trust 3 priva&e donalion Lord Cholmondeley has Inoicaied thai he Inlends 10 loan Items previously associated with Treni Park House 10 Ihe museum The TnJslees are extremely gra161ul to Ihese and all Other donors as they progress lowartjs the luneiiig largel. The Nalional Lollery Heritage Fund INLHFI grant of £225.000 awarded during 2022 was drawn down during Ihe period as work on oral histories. educationiouireach and the development ol a new websiie progressed. The NLHF granl enablecl a malor oulreach projecl lo lake place duriiig Ihe year. with many volunleers being recruiied and trained 10 35S181 Some look ur31 lii51uries Irom people associated wilh Treiii Park. or their ¢Yescendanis. IncludiTig relalives of Secrel Lisiei)er5. Some volunteers researched various national archive5. and a drama cornpany was employed lo go Into Ioc31 pnmary schools and engage Ihe children wilh role playing of being secTpI listeners themselves University College Lofidon worked wilh siall aTKJ pupils of four local secondary schools to develop pilol kn15tory lessons for the National Cumculum u51ng the wartime experiences of Trent Park lo leach aboul WW2 Ihe Holocausl ano ltte posilive effects of Immigraiion. These are almost rea(Jy for rolling ou(10 5¢hools Ihroughoui the Enfiell area and iieighbouriiig boroughs The Trust's herilage advisors. Arcliilrave Hisloncal SeNires. Including exhibition designer Tori Reeve. continued #eiailed planning of Ilie house displays and sourcing of suitable malenal. particularly lo recreate the Secret L151eners' roorns In the basemenl with equiprneni and lurnishings In line wilh docufflenled evidence neld ai Ihe National Archives. For Ihe state r(x)rns on Ihe ground floor of the house. David Ml*n3ric C8E wa5 commi5s40ned to advise on lh8 recreation of Sir Philio Sassooti's 19305 intenor decoratio Archiie¢is Kennedy O'callaghèn LLP has cotnpleled most of the necessary design work 10 RIBA Stage 4 so Ihal the Trust IS almost ready 10 Droceed wilh ltte lil-oul once Ihe handover Irom 8erkeley Homes ha5 laken place £2 7J niillion of In-kind support has been secured from Berkeley Homes towards re51oralion ol Ihe public rooms. as weil as Ihe ouisiae 18fraces and oardens Ouring 2023 a major rebranding exercise was complelend Ihe Trusi had cash balanc65 of £59.083 12022 . £116.8461 and lolal unre$lricied fund5 01 £104.028 2022- £229.2221. The Trvsl's Resèrves Policy provides Ihal Ihe Trusl should hold reservès equ¢valenl lo four months basic operating costs. Structur•, governan¢¢ and management Tlie Irusl Is a CIO governed by a consiiiulion dated 27 September 2016 and whtsse only volir*J metnber5 are its charity Trustees Ifoundation model). li 1$ ￿gIStered as a ¢hanly wilh the Charity Cornrnission. TRENT PARK MUSEUM TRUST TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 The irustees who Se￿ed dunng the year and up Io the dale of signalure of the financial siaiemenis were.. Mr J Charalambous Ico-chairmanl MrA Sheridan Mr A Perkin The Marquess of Cholrnontteley GCVO DL Ico-chairmani Ms H Lederer Mr A Kafkaris Mr W Newman Mrs F Mendes Mi M Pemberton OSE Mr J Elkins IAppoini&rf 3 July 20231 (Appointed 28 June 20241 (Appoinied 10 April 2023 and resigned 28 February 20241 The Trustee5 are responsible for making all dec1510n5 relating 10 Ihe governance and management of the charily Truslees meet regularly and mei on al leasi ten occasions during the year en#ed 31 December 2023 An experienced proiecl co-￿(JInal0r 8n(J a bookkeeper support the Tru5tee5 on a service coniracl ba51S. The exislin9 Trusiee5 are responsible lor the appoinlmeni of new Trusiees by resoluiion agreed al a meetsng of Ihe Truslees The Irusiees. rep(xl wa5 approwed by the Board ol Trustees. Mr J Charalan)tK)U5 ICo-Ch8irmanl Tru51ee Tlie Marquess ol Cholmondeley GCVO DL ICo.Chairmani Tru$t¢e Dale. 28ih October 20PJ TRENT PARK MUSEUM TRUST INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF TRENT PARK MUSEUM TRUST I report lo the Irusiees on my examinaiion ol the financial Slatemenls of Trent Park Museum Trusl Ilhe Irusii lor ihe year ended 31 December 2023. Respan5ibilitie5 and bast$ of report AS the Irusiees ol the Irusi you are responsible for the preparation of the financial 5ts1eiTienk5 in aCc￿danCe with Ihe requirem￿15 of Ihtt Chanlies Act 2011 Ilne 2011 Acti. I repon in respect of my exatniiiaty'on of the Irusi s fiiiancial sialemeiils cairied out under seciion 145 01 the 2011 Aci. In carying OLJI my examinatioD I have followed all Ihe applicable Directions given by Ihe Charity Conimi55ion tsnder section 145ISllbl ol Ihe 2011 Aci. Independenl examiner's ststement Your aiienlion Is drawn lo the lacl thai Ihe chaniy rnas prepared fiiiancial siaiernenis In accordance with Accounting and Reporting by Chanlies prepariFTg their accounis iii accordance wilh the Financial Reporting Standard applicable In Ihe UK ai)d Republic ol Ireland IFRS ",021 It? prÈferenL& 10 the A¢couniiiig afjil Reportiiig by Charilies.. Sialenienr of Recommended Practice 1ssueLI on 1 April 2005 wnich Is referre(J 10 In the exlanl ￿gUlationS bul ha5 now been Ihdrawn. l undetsiand that this has beeii done In order for financi81 slai8menis to provide a true and fair view in accordance with Generally Accepted Accouniing Praclice effeciive for reporung p&riod5 beginiiing on or after 1 January 2015. I have Co[￿pIeted tny exafninaiion I confirin thai no mailers have come lo my aiieniion In conneclion with Ihe examination giving rne cause 10 oelieve Ihal In any niaierial respéci- accounting records were nol kept In respeci ol Ilie Irust as required by seuion 130 of the 2011 Aci. or Ihe financial siatemenls do noi accord wilh Ihose records. or Ihe financial slaielnents do iiol comply with Ilie applicable requ1￿meNtS c.oncefniiig Ihe form 8iid conleni ol accoiinls sel oiil In the Chariiie$ IAccounls and Reports) RegLilalions 2008 oiher Ihan any requirement thai the acwunis give a Irue and lair view which 15 not a Inaller considered as part of an Independenl examination. I have no concerns and tt should be drawFTr In I >5 come across i?0 other matiers In connection willi the exaniiiialioii lo which allenlion T￿p￿rt in orcler 10 enable a FKoper understanding of the financial Slalements lo be reactte(J. Cralg Symonds alf Mapus.Smith & Lemmon LLP 48 King st￿et King s Lynn Norfolk PE30 1HE Eng1311d TRENT PARK MUSEUM TRUST STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2023 Unrestricted Restricted funds funds 2023 2023 Total UnrEStricted Restricted funds funds 2022 2022 Tolal 2023 Notes 2022 Income and endowrnents from.. onalions and legacies Oiher income 51.213 144.432 195.645 149.492 52 20.522 170,014 52 Total incorne 51.213 144432 195.645 149.544 20.522 170.066 Expent1iture on.. Raising lunds Charitable activities 36.487 128.009 1.956 154.387 38.443 282.396 19.629 73.381 19.629 85.731 12.350 Total expenditure 164,496 156.343 320.839 93.010 12350 105.360 Net in¢omellexpendlturèl 11132831 111.9111 1125.1941 56.534 8.172 64.706 Transfers beiwee lunds 11,911 8.172 18.1721 Net movement in funds 1125.1941 1125.1941 64 706 64.7Q6 Recon¢ill3tion ot funds.. Fund balances at l January 2023 229.222 229,222 164516 164.516 Fund balances at 31 December 2023 104.028 104.D28 2E9.222 229.222 The siaisrnenl of financial aclivilies Include5 all gains an(J losses ￿cogniSed In the year. All Income and expelldilure derive Irotn conlinuing activilig5. TRENT PARK MUSEUM TRUST BALANCE SHEET AS A T 31 DECEMBER 2023 2023 2022 Noles Fsxed assets Tangible asseis Henlage asse15 10 11 3.484 10.279 500 10.279 13.763 Current assets Debtors Cash ai bank and In hand 10.779 12 63.586 59.083 113.990 716.846 122669 230.B36 Credltors.. amounts fallin9 du• withln one year 132.4041 112.2931 Net cyrrent a55etg 90.265 218.443 Total a$set5 les5 current liabilities 1(H 02B 229.222 N?t assets excluding pension liability 104.028 229.222 The fund5 of the trust Unreslriclèd fund5 104.028 229 222 104.0215 229.222 The financial slalemenls were approved by the twst8es on 28111 October 2024 Mr J Chara1amb￿S Ico-chairmani Trustee The hlarqLiess of Cholmondeley GCVO DL Ico-chairmanl Trustee TRENT PARK MUSEUM TRUST STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2023 2023 2022 Notès Cash flow5 from operatTrng actrvities Cash iabsorbeLI by￿generated from operatio￿5 16 154 7791 22.215 Invesiin9 actrvitres Purchase ol lai)gible fixed assels 12.9841 Net cash used in investing activitieg 12.9841 Net cash used in lit7an¢ing activitie5 Net Idecrea5ellin¢rease in ¢a5h and cash •quivalents 157 7631 22 21S Cash and cash equivalen15 al beginning of year 116.8d6 94.631 Cash and cash equtvalents at pnd of year 59.083 116.846 TRENT PARK MUSEUM TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Accounting policles Charity information Treiii Park Museutn Trust is a CIO governed by a conslilulion dated £7 September 2016 an¢ whose only voliiig members are 115 charily Trus188s Ifoundalion m￿ell It Is regisiered a5 a charity wilh the Ch8rily Cornrnis&on. 1.1 Accounttng conventlon The financial slalemeniE have been prepared in accordance with Ihe ITUSI'5 Igoverning documentl. the Charities Acl 2011. FRS 102 'The Financial Reporting Stsndard applicable in the UK and Republic of Ireland" I'"FRS T02"1 and the Chanlies SORP "AEcounting and Reporfirig by Charities Siaiemenl of Recotnniended Pracli¢e applic8ble lo charities preparing their accounis In accordance Wllh Ihe Financial Reporting Siandar¢ applicable In the UK and RepLJblic of Ireland IFRS 1021" leffeclive l January 20191 rhe trust Is a Public Benefit Eniily as defined by FRS 102. The financial Slalemenis have departed fTOrn the Charities jAccouMls and Reports) Regulaiion5 2008 only lo the exlenl reqiJir@d lo prov1de a true and fair view This departure has InvDlveo following Ihe Staiemeni of Recommendetl Practice for charities applying FRS 102 father Ihan Ihe version ol Ihe Slaiemenl ol Recommended Praclice which Is referred lo In Ihe Regulations bul which h35 since been withdrawn. The financ181 sthlerrenls are prepared in sieiling. which Is the functsonal currency of Ihe Irusi Monetary amounls In these financial siaiemenls are rounded lo the nearesl £ The financi315ts1emenis have been prepared under Ihe historical cost convention. Imodified lo include Ihe rovalu31ion ol Ireehold properties and to IllLlude Invesimenl propertie5 and certain Iinancial Inslrutnenls al lair valuel The principal accouniing policie5 adopied are sei oul below 1.2 Going concern Al the lime of approving ltte financial staiernenis. The Injslees h8ve a reasonable expeciaiion Ihal the Iru51 has adÈqu?ie resources lo contitlue 11) operational eX￿￿tel}ce for Ihe foreseeable fuiure. Thus Ihe Iruslees conljnue lo adopi the going concern bas15 of accounling In preparing the finaiicial slalemenis. 1.3 Charitable lunds Unre51ricied funds ale available lor use ai the discrebon of Ihe irusiees In lurtherance of treir Chanlablè objectives. Reslricled lunds are Subject 10 5pecilic condilions ty donors or grantor5 as to how they may be used. The purposes and uses of Ihe tyslricled lunds are sei out In the noie5 to the Iinancial siaiemenls. Endowrrienl funds 8re subject 10 specific condiiion5 by donors that the capit81 musi b8 m8iniain8d by Ihe Irusl. 1.4 Income Income 15 recognised when Ihe trust Is legally entllled lo Il after any performance condilion$ have been mel. Ihe amouTTrls ean tye measured reliably, and it Is probable th31 Income will be received. Cash doiiaiions are recognis8d on ￿elp(. Oiher doiiaiions ore recogn1sed once Ihe Irusi has be8n Iiolilied ot Ihe donation. unless performance conditions require defprral ol Ihe amouni. Incotne tsx recoverable In relation lo donations received untjer Gift or deeds ol covenanl is recognised ai the lime of the donaiion. Legacies arè recognised on fyC￿pI or Otherwise if the trust has been notified of an impen(Jino d151ribution. ihe rnount 1$ known, end receipl is expecled. If the amount is nol known. th8 leg8Cy 15 Ireaie(l a5 8 Coniingenl as5el TRENT PARK MUSEUM TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Accountlng policle5 (Continued) 1.5 Expenditure Expendiiure Is recognisecf once there is a legal OF wiislffuclive obligalion lo Iransfer economic benefit 10 a Iliird parti Il is probable IliHI a Iran5fer of economic beiiefits will be requir8(J In Set￿e1)le￿I, and the amouni of Ihe obligation can be measured reliably. Expendilure 1$ class1fied by aclivily. The costs of each aclivily are made up ol the toial of dtreci cosls an shared COSIS. including support costs involved In un¢eriaking each aclivily Direct cosls allribulable 10 a single aciiviiy 3re allocated directly Io that aciivily Shared costs wliich coniribuie 10 more Ihaii 01)e activity arid support costs whicli are noi allribulable lo a single 8¢tivity are apportionecl beiweei) Iliose aclivi118s on a basis onsislenl with Iho use ol fe50urce$ Ceniral Staff Lvsls are allocaie¢ ￿ Ibe basis of lime speni. and deprec1è150n charges are allocated on the portson of Ihe assei s use. 1.6 Tangible fixed oS5et5 Tangible fixed assets are Initially fne8Su￿& ai cosi and subsequently measured at C051 or valuatyon, net ot deprL>cialion and any irnpairmeNI losses DeP￿clai10￿ is recogThsed so as lo wrile ofi the cosl or valualion ol assets less their residual values over their useful lives on the lollowing bases- Fixtures and fillings None The gain or1055 arising on the disposal of an 8s$el Is determined as ihe difference belween Ihe sale proceeds and Ihe ¢arryiiig value ol the 8sspI. ali¢ Is recDgiiised In Ihe slciletnent of 'inancial 8clivilies 1.7 Impairment of fixed assets Al each reporting end dale. Ihe trust revipws Ihe carrying arnoui)1s ol Its iangible as5els lo ¢eiermine whether there Is ari¥ in¢icaiion thai Ihose asseis have suFfered an ifflpairmeni 10>5 If any such Indicalion exists the recoverable aTnounl of the assei Is es11171aled In order lo dele'mine the exieni of Ihe Impairm8nt10s5 lif anyi. 1.8 C•sh and cash equivalents Cash and cash equivalen15 in¢lude cash In hand. depcsiis held ai call with bénks. other 5hort.lertn liquid inve51Tnenis wilh original TnalLJrilies ol t*iree monlhs or less. and bank overdrafts. 8ank overtraft5 are shown %vilhin borrowings In current liabilit￿es. 1.9 Flnancial in$itum8nts The trust has elecled lo apply the provisions of Seclion 11 'B•sic Finan¢i31 Insirumènis and Section 12 '0ih8r Fin8ncial Inslrumenis Issues of FRS 102 10 all ol Ils financial instrumen15 Financial InslruFnen15 are reco9ni5ed in Ihe lyusl's balance sheet when the Irusl becomes party lo the coniraciuai provisions of rhe insirurneni. Financial asseis and liabilit￿S are oftset, with tlie nel amwnts presen18(J In the financial $ialerneiit$. when IlTrere Is a legally enforreable riqhl Io s81 off Ihe recognised amounts and there is ali inientson to seiue oli a iiei basis or lo realise the a5sei and 5ellle Ihe Iiabiliiy 51rn1111aneously. 88$ic fln•nclal assets Basic financial asseis. whith include debtors and ¢ash and bank balances. are Inilially measured al transaction price Including Iransacbon costs ané are 5ubseoueniiy camed al amortised cost using ltre effective iiileresi m8lhod unle55 the arrangemenl consiilulès a Financing Iransaclioii. where the Iran5actioii Is Tneasured ai the present value of Ihe futu￿ ￿C&￿IS d15counled at a markei raie of Inieresl. Financial as8ets elassified a5 receivable within one year are not amoriised. TRENT PARK MUSEUM TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 A¢counling polici99 Icontlnuedl Basic linancial liablllries Basic Iinancial Iiabililies. Including credilors and bank loans are Initially recognised ai Iransaciion price unless Ihe arrallgemenl consiilule5 a finaiiciiig Iraiisaclion. where Ilie ijebl Insirumenl Is Tnessurèd al -,he present value ol the lulure paymen15 discounted ai a market rale of Inieresl. Financial Iiabililies classified a5 payaTr￿e within on& year are nol amor115ed. Debt Instruments are SLJbseouenlly carried al amort1sed cosi. using Ibe effectiv• Inte￿£1 rale method. Tr8de creditor5 are obligaiions 10 pay lor good5 or services Ihai have been acquireo In 11)e ordin8ry COUfStt DI operaiions from supplier5 Amoun15 payable are classified as current lidbililies If Pa>Tnenl Is Oue Wllhin nne year or les5. If nol. they a￿ presenled as non-currenl Iiabililies Tra(Je creditors are recognised Initially al transaction price an¢ subsequeniiy measured ai amortised cost using the effective inleresi nielhod. Derecogljltion of financial liabilities Financial Iiabililies are derecognised Mthen Ihe Irusi's conlraciual obiigaiion5 explo or are discharged or Cancelled. 1.10 Employee benefits The cosl of any unu5e¢J h￿IdaY eniillemenl Is recognised In Ihe pefl(* in which Ihe employee s serwices are received Teftninalion bènefits are recognisfrd Itrmediately a5 an expense when the Irusi 15 demoiistrably ¢LwnTniiied 10 terminate Ihe employment of an employee or lo provi¢Je lerminaiion benefits. Critical accounting estimates anfl ludgemenis In Ihe application of the Iru51's accounting polici95. the ITUStees are requi￿rI lo rnake iudgemenls. eslirnales and assumptions about the carrying aniounl ol as5els and liabililies thai are noi readily apparent from other sources. The esliniates and associaie¢ assuniptioiis are based nn hisioncal experieiice and QlhEI faGlors Ihal are considered to be relevant Arlu31 resu115 fTiay differ Irotn these esiimales. The estiinales an¢ underlying assumptions are reviewed Dn an ongoing basis. Revisions lo accounting esiimales are recogiiised in Ihe periotj In which the 851imaie Is revised where Ihe revision affects only Ihal peric*, or In the perio¢ of the rev1510n and Iuiure periods ivliere the revision affects both curreiii aFid luiJre periods. Income from donations and legacl•s Unrestrt¢t•d Restri¢t•d fund5 fund5 2023 2023 Total Unrestri¢ted R05tricted funds fynds 2012 2022 Total 2023 2022 Donation5 gifts Nali017al H8niage Lottery Fund 51,213 51.213 149.492 149.492 144.432 144.432 20.522 20.522 51.213 144.432 195,645 149.492 20.522 170,014 TRENT PARK MUSEUM TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Other income Unrestricted Unrestricted fund5 funds 2023 2022 Other incorne 52 Expenditure on raising funds Unrestricted Restricted funds lund$ 2023 2023 Ttstal Unrestricted Restricted lunds funds 2022 2022 Total 2023 2022 Fundraising ond publi¢tty Seeking donations. graiils and legacies 36.487 1.956 38,443 19,629 19.629 Expenditure on charitable activitles Resiricted Unrestricted Funds Fund5 2023 2023 Totsl Restricted Unre$lricl8d Funds Fund5 2022 2022 Total 2023 2022 Oirect costs Archilecl. des¢gn and consullanis fees Outreach and media Insurance Other expenses 57.860 95.618 110.142 14.17Q 718 2.979 168.002 109.788 718 3.888 9.033 3.317 56.250 13.989 823 2.319 65 283 17.306 823 2.319 909 154.387 128.009 282,398 12350 73.381 85.7J1 Analysis by fund Urifesiriclee funds Reslricièd funds 128.009 IL8.009 1 $4.387 73.381 73.381 12.350 1￿.387 12,350 154.387 128.009 282.396 73.381 85.731 Trustees None of Ihe trusiee5 1(x any persons connecieo with Iheml rèceived any remuneralion or benefits the Irusi dunng the year TRENT PARK MUSEUM TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Employees The average monthly nuniber ol ernpltsyees during Ilie year wa5.. 2023 Number 2022 Number Total rhere were no ernrloyees vthose annual remuneration wa5 more Ihan £60.000. Taxation The chariiy Is exempl from laxalion on Ils activities because all its Income is applied for chariiable purposes 10 Tangible fix*d assets Flxiures antl fitting$ Cost Ai l January 2023 Add*l¢on5 soo 2.984 Ai 31 December 2023 3,484 Carrylng amount Al 31 December 2023 3.484 Al 31 December 2022 500 11 Heritage assets Item5 for R&productl¢*n fuiur8 display Mi￿Or$ Total At l January 2023 and al 31 December 2023 2.572 7,707 10.279 12 Dèbtors 2023 Amount5 falllng due within one yèar.. 2022 Other debiof5 63 586 113.990 TRENT PARK MUSEUM TRUST NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2023 13 Cre(Jltors.' amounts fallln9 due within one year 2023 2022 Trade CTedilors 32.404 12.393 14 Unrestricted lunds The unresincled funds ol lh• chaniy ¢omprise the vnexp&n¢Yed balances ol donations and grants whictt are nol subie¢l lo specific condili*)n5 by donors aiTrd granior5 as lo how they may used These Include clesignaied funds which have been sel aside out of uiiresiricié(J funds by Ihe trusiee% for specific purposes. At 1 January 2023 In¢oming resour¢e5 Resources expended Transfers At31 December 2023 General funds 229.222 51.213 1164.4961 104.028 Pr•vious y*ar'. At 1 Janvary 2022 Incoming resourcès fte50vrces expended Transfgrs At31 O•cemb8r 2022 General lunds 164.516 149.544 193.0101 8.172 229.222 15 Related party transactions There were no disc105able related party transaciions dunng Ihe year 12022 nonei 16 Cash generated from operations 2023 2022 IDefieiiksurpus for the year 1125.1941 64.706 Klovetnenls In working Capital Decreasellincreasei In debtors Increase In credilors $0.404 20.011 147 2601 4.769 Cash lab50rb¢d byllgenerat8d from tsperations 154.7791 22,215 17 Analysls of ehan9es in ngt funds The trust had no maierial debt dunng the year ||Charity No
1169382
Period start date
**01-Jan-23**
**To**
Period end
date
31-Dec-23
**Trent Park Museum Trust**
Annual accounts for the period|Charity No
1169382
Period start date
**01-Jan-23**
**To**
Period end
date
31-Dec-23
**Trent Park Museum Trust**
Annual accounts for the period| |---|---|---| |**Section A**|s
**Statement of financial activities**|| |**Recommended categories by**
**activity**
Guidance Note
**Incoming resources (Note 3)**
**Income and endowments from:**
Donations and legacies
S01
Charitable activities
S02
Other trading activities
S03
Investments
S04
Separate material item of income
S05
Other
S06
S07
**Resources expended (Note 6)**
**Expenditure on:**
Raising funds
S08
Charitable activities
S09
Separate material item of expense
S10
Other
S11
S12
S13
Net gains/(losses) on investments
S14
S15
**Extraordinary items**
S16
S17
S18
Other gains/(losses)
S19
S20
**_Reconciliation of funds:_**
S21
S22
**_Total_**
**_Net movement in funds_**
Total funds brought forward
**_Total funds carried forward_**
**_Total_**
**Net income/(expenditure) before investment**
**gains/(losses)**
**Net income/(expenditure)**
**Transfers between funds**
**Other recognised gains/(losses):**
Gains and losses on revaluation of fixed assets for the charity’s own use||**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**Total funds**
**Prior year**
**funds**
**£**
**£**
**£**
**£**
**£**
F01
F02
F03
F04
F05
51,213
144,432
-
195,645
170,014
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
52| |||51,213
144,432
-
195,645
170,066| |||36,487
1,956
-
38,443
19,629
128,009
154,387
-
282,396
85,731
-
-
-
-
-
-
-
-| |||164,496
156,343
-
320,839
105,360| |||| |||113,283
-
11,911
-
-
125,194
-
64,706| |||-
-
-
-
-| |||113,283
-
11,911
-
-
125,194
-
64,706| |||-
-
-
-
-
11,911
-
11,911
-
-
-
-
-
-
-
-
-
-
-
-
-| |||125,194
-
-
-
125,194
-
64,706| |||229,222
-
-
229,222
164,516| |||104,028
-
-
104,028
229,222| ## **Section B Balance sheet** |**Fixed assets**
**Intangible assets (Note 15)**
**Tangible assets (Note 14)**
**Heritage assets (Note 16)**
**Investments (Note 17)**
**_Total fixed assets_**
**Current assets**
**Stocks (Note 18)**
**Debtors (Note 19)**
**Investments (Note 17.4)**
**Cash at bank and in hand (Note 24)**
**_Total current assets_**
**Creditors: amounts falling due within**
**one year (Note 20)**
**_Net current assets/(liabilities)_**
**_Total assets less current liabilities_**
**Creditors: amounts falling due after**
**one year (Note 20)**
**Provisions for liabilities**
**_Total net assets or liabilities_**
**Funds of the Charity**
**Endowment funds (Note 27)**
**Restricted income funds (Note 27)**
**Unrestricted funds**
**Revaluation reserve**
**_Total funds_**
Signed by one or two trustees on behalf of all
the trustees|Guidance Notes
B01
B02
B03
B04
B05
B06
B07
B08
B09
B10
B11
B12
B13
B14
B15
B16
B17
B18
B19
B20
B21
|**Unrestricted**
**funds**
**£**
F01
-
3,484
10,279
-|
**Restricted**
**income**
**funds**
**£**
F02
-
-
-
-|**Endowment**
**funds**
**Total this year**
**£**
**£**
F03
F04
-
-
-
3,484
-
10,279
- -|**Total last**
**year**
**£**
F05| |---|---|---|---|---|---| ||||||-
500
10,279
-| |||13,763|-|-
13,763|10,779| |||-
63,586
-
59,083|-
-
-
-|-
-
- 63,586
-
-
-
59,083|| ||||||-
113,990
-
116,846| |||122,669|-|-
122,669|230,836| ||||||12,393| |||32,404||- 32,404|| ||||||| |||90,265|-|-
90,265|218,443| ||||||| |||104,028|-|**-**
104,028|229,222| ||||||-
-| |||-
-|-
-|- -
-
-|| ||||||| |||104,028|-|-
104,028|229,222| |||-
104,028|-|-
-
- 104,028
-|| ||||||-
-
229,222| |||104,028|-|-
104,028|229,222| |||Signature||Jason Charalambous
The Marquess of Cholmondeley
Print Name|Date of
approval
dd/mm/yyyy| ## **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: the Statement of Recommended Practice: Accounting and Reporting by Charities • and with*  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*  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  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 _**Not applicable**_ the conclusion that the charity is a going concern; 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** **----- Start of picture text -----**
The accounts present a true and fair view and the accounting policies adopted are those outlined in note 2.2.
Yes*
* -Tick as appropriate
No* 
Please disclose:
(i) the nature of the change in accounting policy;
(ii) the reasons why applying the new accounting policy
provides more reliable and more relevant information;
and
(iii) the amount of the adjustment for each line affected
in the current period, each prior period presented and
the aggregate amount of the adjustment relating to
periods before those presented, 3.44 FRS 102 SORP.
**----- End of picture text -----**
## **1.4 Changes to accounting estimates** **----- Start of picture text -----**
No changes to accounting estimates have occurred in the reporting period (3.46 FRS 102 SORP).
Yes* 
* -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.
**----- End of picture text -----**
## **1.5 Material prior year errors** No material prior year error have been identified in the reporting period (3.47 FRS 102 SORP). |Yes*
No*
**_Please disclose_**
**_(i) the nature of_**
**_(ii) for each prio_**
**_amount of the c_**
**_affected; and_**
**_(iii) the amount_**
**_earliest prior pe_**||* -Tick as appropriate| |---|---|---| ||**_:_**
**_the prior_**
**_r period_**
**_orrection_**
**_of the co_**
**_riod pres_**|**_period error;_**
**_presented in the accounts, the_**
**_for each account line item_**
**_rrection at the beginning of the_**
**_ented in the accounts._**| **Section C Notes to the acc** ## **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** ## _**Reconcilation of funds per previous GAAP to funds determined under FRS 102**_ **----- Start of picture text -----**
||| |---|---| |Start of|End of| |period|period| |£|£| **----- End of picture text -----**
## **Fund balances as previously stated** _**Adjustments:**_ Tangible assets Heritage assets Debtors Creditors within one year **Fund balance as restated** 0 0 ## _**Reconcilation of net income/(net expenditure) per previous GAAP to net income/(net expenditure) under FRS 102**_ **2023 £ Net income/(expenditure) as previously stated** _**Adjustments: Donations and legacies Expenditure on raising funds Expenditure on charitable activities**_ **Previous period net income/(expenditure) as** 0 **restated** ## **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._ |**Recognition of income**
**2.4 ASSETS**
3484
**Intangible fixed assets**
**Heritage assets**
**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.
They are valued at fair value except where they qualify as basic financial instruments.
**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.
**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.
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.
Work in progress is valued at cost less any foreseeable loss that is likely to occur on the contract.
Support costs include central functions and have been allocated to activity cost
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.
They are valued at cost.
**Investments**
Fixed asset investments in quoted shares, traded bonds and similar investments are
valued at initially at cost and subsequently at fair value (their market value) at the year
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.
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
**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.
**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.
Donated services and facilities that are consumed immediately are recognised as income
with an equivalent amount recognised as an expense under the appropriate heading in
the SOFA.
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 receipt.
In the reporting period in which the stocks are distributed, they are recognised as an
expense at the carrying amount of the stocks at distribution.
**Donated services and**
**facilities**
Donated services and facilities are included in the SOFA when received at the value of
the gift to the charity provided the value of the gift can be measured reliably.
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
or legal rights. The amortisation rates and methods used are disclosed in note 9.5
They are valued at cost.
The charity has heritage assets, that is, non-monetary assets with historic, artistic,
scientific, technological, geophysical or environmental qualities that are held and
maintained principally for their contribution to knowledge and culture. The depreciation
rates and methods used as disclosed in note 9.6.1.4.
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
year.
**Income from interest,**
**royalties and dividends**
This is included in the accounts when receipt is probable and the amount receivable can
be measured reliably.
**Income from membership**
**subscriptions**
Membership subscriptions received in the nature of a gift are recognised in Donations
and Legacies.
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.
**2.3 EXPENDITURE AND LIABILITIES**
**Liability recognition**
Liabilities are recognised where it is more likely than not that there is a legal or
constructive obligation committing the charity to pay out resources and the amount of the
obligation can be measured with reasonable certainty.
**Investment gains and**
**losses**
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.
**Tangible fixed assets for**
**use by charity**
The depreciation rates and methods used are disclosed in note 9.2.
**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.
These are included in the Statement of Financial Activities (SoFA) when:
 the charity becomes entitled to the resources;
· it is more likely than not that the trustees will receive the resources; and
 the monetary value can be measured with sufficient reliability.
**Donated goods**
**Contractual income and**
**performance related**
**grants**
**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.
**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).
This is only included in the SoFA once the charity has provided the related goods or
services or met the performance related conditions.
Donated goods are measured at fair value (the amount for which the asset could be
exchanged) unless impractical to do so.
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).
**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
charity or have been met.
**Government grants**
The charity has received government grants in the reporting period
**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.
**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.
They are valued at cost.
Gifts in kind for use by the charity are included in the SoFA as income from donations
when receivable.
**Support costs**
The charity has incurred expenditure on support costs.
**Volunteer help**
These are capitalised if they can be used for more than one year, and cost at least
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
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'.
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.
The value of any voluntary help received is not included in the accounts but is described
in the trustees’ annual report.
**Redundancy cost**
The charity made no redundancy payments during the reporting period.
**Deferred income**
No material item of deferred income has been included in the accounts.
**Creditors**
The charity has creditors which are measured at settlement amounts less any trade
discounts
**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
**Basic financial**
**instruments**|Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a

Yes
No
N/a



| |---|---| **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 51,213 144,432 - 195,645 170,014
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 - - - - 52
Total 51,213 144,432 - 195,645 170,066
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 51,213 144,432 - 195,645 170,066
**----- End of picture text -----**
**Other information:** **All income in the prior year was unrestricted except for: (please provide description and amounts)** National Heritage Lottery Fund grant £9,160 National Heritage Lottery Fund #2 Digital Museum £11,362 **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)** **Section C Notes to the accounts (cont)** ## **Note 4 Analysis of receipts of government grants** |**Government grant 1**
**Government grant 2**
**Government grant 3**
**Other**
**Government grant 1**
**Government grant 2**
**Government grant 3**
**Other**
**_Please provide details of any_**
**_unfulfilled 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 benefited._**|**This year**
**£**
-
-
-
-
**Total**
-
**Last year**
**£**
-
-
-
-
**Total**
-
**This year**
**This year**
**Description**
**Last year**
**Last year**
**Description**| |---|---| ## **Section C Notes to the accounts (cont)** ## **Note 5 Donated goods, facilities and services** **----- Start of picture text -----**
This year Last year
£ £
Seconded staff - -
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 unfulfilled
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.
**----- End of picture text -----**
## **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 36,487 - 36,487 19,629 - - 19,629
Incurred seeking legacies - - - - - - - -
Incurred seeking grants - 1,956 - 1,956 -
Operating membership schemes and social
lotteries - - - - -
Staging fundraising events
- - - - -
Fundraising 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 36,487 1,956 - 38,443 19,629 - - 19,629
Expenditure on charitable activities:
Architect, design and consultants' fees 110,142 57,860 - 168,002 56,250 9,033 - 65,283
Outreach and media 14,170 95,618 - 109,788 13,989 3,317 - 17,306
Legal - - - - - -
Insurance 718 - 718 823 - 823
Other expenses 2,979 909 3,888 2,319 2,319
128,009 154,387 - 282,396 73,381 12,350 - 85,731
Separate material item of expense
- - - - - - - -
- - - - - - - -
- - - - - - - -
Total - - - - - - - -
Other
- - - - - - - -
- - - - - - - -
- - - - - - - -
- - - - - - - -
Total other expenditure - - - - - - - -
TOTAL EXPENDITURE 164,496 156,343 - 320,839 93,010 12,350 - 105,360
- -
**----- End of picture text -----**
## **Other information:** ## **Analysis of expenditure on charitable activities** |Activity 2
Other
**Total**
**Activity or programme**
Activity 1|**Activities**
**undertaken**
**directly**
**Grant**
**funding of**
**activities**
**Support**
**Costs**
**Total this**
**year**
**Activities**
**undertaken**
**directly**
**Grant**
**funding of**
**activities**
**Support**
**Costs**
**Total last**
**year**
**£**
**£**
**£**
**£**
**£**
**£**
**£**
**£**
-
-
-
- - - -
-
-
-
-
- - - -
-
-
-
-
- - - -
-
**This year**
**Last year**| |---|---| ||-
-
-
- - - -
-| **Section C Notes to the accounts (cont)** ## **Note 7 Extraordinary items** ## _**Please explain the nature of each extraordinary item occurring in the period.**_ |**Extraordinary item 1**
**Extraordinary item 2**
**Extraordinary item 3**
**Extraordinary item 4**
**Total extrordinary items**
**Description**|**This year**
**Last year**
**£**
**£**
- -
- -
- -
- -
- -| |---|---| ||- -| **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 - - - - - -
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.
Description/name of party
Balance held at period end
This year Last year
£ £
- -
- -
- -
- -
- -
Total - -
**----- End of picture text -----**
**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 -----**
|Governance
Other
**Total**
**Last year**
**Support cost**
**(examples)**|**Raising funds**
**Activity 1**
**Activity 2**
**Activity 3**
**Grand total**
**Basis of allocation**
**£**
**£**
**£**
**£**
**£**
**(Describe method)**
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -| |---|---| _**Please provide details of the accounting policy adopted for the apportionment of costs between activities and any estimation techniques used to calculate their apportionment.**_ **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).**_ |**Other fees (for example: financial advice, consultancy, accountancy services) paid**
**to the independent examiner**

**Independent examiner’s fees**
**Assurance services other than audit or independent examination**
**Tax advisory fees**|**This year**
**Last year**
**£**
**£**
- -
- -
- -
- -| |---|---| ## **Section C Notes to the accounts (cont)** **Note 11 Paid employees** _**Please complete this note if the charity has any employees.**_ |**This year:**
**Last year:**
**Salaries and wages**
**11.1 Staff Costs**
**Social security costs**
**Other employee benefits**
**Total staff costs**
**Pension costs (defined contribution scheme)**
**Please provide details of expenditure on staff working for the**
**charity whose contracts are with and are paid by a related party**
**Please provide details of expenditure on staff 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_**|**_Please give details of the number of employees whose total employee_**|**_Please give details of the number of employees whose total employee_**|**_Please give details of the number of employees whose total employee_**|**_Please give details of the number of employees whose total employee_**|**_benefits (excluding employer_**|**_benefits (excluding employer_**|**_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**||||||||| |||||||||| |**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.**||||||||| |||||||||| |**11.2 Average head count in the year**|||||**This year**
**Number**||**Last year**
**Number**|| |**The parts of the charity in which the**||**Fundraising**||||-||-| |**employees work**||**Charitable Activities**||||-||-| |||**Governance**||||-||-| |||**Other**||||-||-| ||||**Total**|||-||-| **11.3 Ex-gratia payments to employees and others (excluding trustees)** _**Please complete if an ex-gratia payment is made.**_ |**The nature of the payment (cash, asset**
**etc.)**
**_Please complete if any redundancy or te_**
**Total amount of payment**
**Please state the amount of the payment**
**a right to an asset)**
**Please state the accounting policy for a**
**termination payments**
**Please explain the nature of the**
**payment**
**Please state the legal authority or**
**reason for making the payment**
**11.4 Redundancy payments**
**The extent of redundancy funding at the**|**This year**
**Last year**
**This year**
**Last year**
**_rmination payment is ma_**
**(or value of any waiver of**
**ny redundancy or**
**balance sheet date**|**This year**
**Last year**
**£**
**£**
- -
**This year**
**Last year**
**£**
**£**
-
-
**This year**
**Last year**
**£**
**£**
- -
**_de in the period._**
| |---|---|---| **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.**_ |**Please explain the basis for allocating the liability and expense of**
**defined contribution pension scheme between activities and**
**between restricted and unrestricted funds.**
**Amount of contributions recognised in the SOFA as an expense**|**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 multi-employer 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** ## **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** |**_Yes_**
**_No_**
**_TOTAL GRANTS PAID_**
**Purpose**
**Names of institution**
**_My charity has made grants to particular institutions that are material in the_**
**_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._**
**_Other unanalysed grants_**
**_Total grants to institutions in reporting period_**|**_Please provide_**
**_details of_**
**_charity's URL._**
**_Provide details_**
**_below_**
**Total amount of**
**grants paid £**
-
-
-
-
-
-
-
-
-
-| |---|---| ||**-**| ||-
-| ## **Last year:** ## **13.3 Analysis of grants paid (included in cost of charitable activities)** |**Analysis**
Activity or project 1
Activity or project 2
Activity or project 3
Activity or project 4
**_Total_**
|**Grants to**
**institutions**
**Grants to individuals**
**Support costs**
**Total**
**£**
**£**
-
- -
**-**
-
- -
**-**
-
- -
**-**
-
- -
**-**
| |---|---| ||**- - - -**| _**Please enter “Nil” if the charity does not identify and/or allocate support costs.**_ ## **13.4 Grants made to institutions** |
**_My charity has made grants to particular institutions that are material in the_**
**_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._**|**_Yes_**
**_Please provide_**
**_details of_**
**_charity's URL._**
**_No_**
**_Provide details_**
**_below_**| |---|---| |**_TOTAL GRANTS PAID_**
**Names of institution**
**Purpose**
**_Total grants to institutions in reporting period_**
**_Other unanalysed grants_**|**Total amount of**
**grants paid £**
-
-
-
-
-
-
-
-
-
-| |---|---| ||**-**| ||-
-| ## **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** **----- Start of picture text -----**
Freehold land & Other land & Plant, Fixtures, fittings Total
buildings buildings machinery and equipment
and motor
vehicles
£ £ £ £ £
At the beginning of the year - - - 500 500
Additions - - - 2,984 2,984
Revaluations - - - - -
Disposals - - - - -
Transfers * - - - - -
At end of the year - - - 3,484 3,484
14.2 Depreciation and impairments
**Basis SL or RB (Straight SL or RB SL or RB SL or RB SL or RB
Line or Reducing
Balance)
** Rate The display
cabinets are not
depreciated as
they are not in use
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 - - - 500 500
Net book value at the end of the year - - - 3,484 3,484
14.4 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.
14.5 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 and significant assumptions
the carrying amount that would have been recognised had the assets been - -
carried under the cost model.
14.6 Other disclosures
This year Last year
£ £
(i) Please state the amount of borrowing costs, if any, capitalised in the construction of - -
tangible fixed assets and the capitalisation rate used.
(ii) Please provide the amount of contractual commitments for the acquisition of tangible - -
fixed 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.
**----- End of picture text -----**
- _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._ ## **Section C Notes to the accounts (cont) Note 15 Intangible assets** _**Please complete this note if the charity has any intangible assets**_ **15.1 Cost or valuation** **----- Start of picture text -----**
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
("SL") or
Reducing
Balance
("RB")
** Rate
At beginning of the year - - - -
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.
**----- End of picture text -----**
_* 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._ **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** |**(i) Explain the nature and scale of**
**heritage assets held.**
**(ii) Explain the policy for the**
**acquisition, preservation,**
**management and disposal of heritage**
**assets.**
At beginning of the year
Additions
Disposals
Revaluations
Transfers *
At end of the year
****Basi**
**** Rat**
At beginning of the year
Disposals
Depreciation
Impairment
Transfers*
At end of year
Net book value at the beginning of the
year
Net book value at the end of the year
**16.3 Depreciation and impairments**
**16.4 Net book value**
**16.2 Cost or valuation**|
**Items for**
**future display**
**Reproduction**
**mirrors**
**Heritage**
**asset 3**
**Heritage**
**asset 4**
**Total**
**£**
**£**
**£**
**£**
**£**
2,572 7,707 - - 10,279
-
- - -
- - - - -
- - - - -
- - - - -
2,572 7,707 - - 10,279
**s**
Heritage
assets are not
depreciated
Straight
Line ("SL")
or Reducing
Balance
**e**
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
- - - - -
2,572 7,707 - - 10,279
2,572 7,707 - - 10,279
The most significant heritage assets are a
pair of reproduction mirrors copying a pair
originally in the house.
The most significant heritage assets are a
pair of reproduction mirrors copying a pair
originally in the house.
The trust will acquire assets as they become
available to recreate the historic interiors of
the house.
The trust will acquire assets as they
become available to recreate the historic
interiors of the house.
**This year**
**Last year**| |---|---| **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:**_ |Carrying amount at the beginning of the
period
Additions
Disposals
Depreciation/impairment
Revaluation
Carrying amount at the end of period
**(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.**
**_any significant limitations on the valu_**
**_qualifications of independent valuer_**
**_the methods applied and significant a_**
**_the name of independent valuer, if app_**
**_the effective date of the revaluation_**
**16.7 Analysis of heritage assets by cl**
**16.8 Heritage assets (where heritage**|**_ation_**
**_ssumptions_**
**_licable_**
**ass or group distinguishing t**
**assets are not recoignised o**
**This year**|**hose at cost an**
**n the balance s**
**Thi**|**At valuation**
**Group A**
**At cost Group**
**B**
**Total**
**£**
**£**
**£**
- 10,279 10,279
-
-
- - -
- - -
- - -
**d those at valuation**
**s year**
**Last year**| |---|---|---|---| ||||- 10,279 10,279| ||||**heet)**
**Last year**| ## **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**|- - - - -
- - - - -
-
-
- - - - -
- - - - -
- - - - -
- - - - -
**- - - - -**
- - - - -
- - - - -
- - - - -
- - - - -
**- - - - -**
- - - - -
- - - - -
- - - - -
- - - - -
**- - - - -**| **----- Start of picture text -----**
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)
equivalentsCash & cash investmentsListed Investment properties investmentsSocial Other Total
Carrying (fair) value at beginning of - - - - - -
period
Add: additions to investments during - - - - - -
period*
Less: disposals at carrying value - - - - - -
Less: impairments - - - - - -
Add: Reversal of impairments - - - - - -
Add/(deduct): transfer in/(out) in the - - - - - -
period
Add/(deduct): net gain/(loss) on - - - - - -
revaluation
Carrying (fair) value at end of year - - - - - -
*Please specify additions resulting from
acquisitions through business combinations, if
any.
**----- End of picture text -----**
_**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:** |**This year:**|| |---|---| |
**Analysis of investments**
**Cash or cash equivalents**
**Investment properties**
**Last year:**
**Analysis of investments**
**Cash or cash equivalents**
**Investment properties**
**(i) Explain the methods and significant assumptions in**
**determining the fair value of investment property held by**
**the charity**
**Listed investments**
**Social investments**
**(ii) Name or independent valuer, if applicable, and relevant**
**qualifications**
**(iii) Provide details of any restrictions on the ability to**
**realise investment property or on the remittance of income**
**or disposal proceeds**
**Listed investments**
**17.3 If your charity holds investment properties, please**
**Other investments**
**Total**
**Social investments**
**Grand total (Fair value at year end+Cost less impairment)**
**(iv) Explain any contractual obligations for the purchase,**
**construction or development of investment property or for**
**repairs, maintenance or enhancements**
**Other investments**
**Total**
**Grand total (Fair value at year end+Cost less impairment)**|-
-
**Cost less impairment**
- -
**Fair value at year end**
**£**
-
**£**
-
-
-
-
-| ||**This year**
**Last year**
-
**£**
**£**


-
- -
**Fair value at year end**
**Cost less impairment**
- -
- -
- -
-
**complete the following note:**
-
-
-
- -| ## **17.4 Please provide a breakdown of current asset investments, if applicable, agreeing with the balance sheet.** |**17.5 Guarantees**
**Social investments**
**Other investments**
**Amount of concessionary loans received**
**_(Multiple loans received may be disclosed in aggregate_**
**_provided that such aggregation does not obsure_**
**_significant information)._**
**Please provide details and amount of any guara**
**to or on behalf of a third party**
**Name of the entity or entities benefitting from th**
**guarantees**
**Please explain how the guarantee furthers the c**
**aims**
**Analysis of current asset investments**
**Cash or cash equivalents**
**Listed investments**
**Investment properties**
**17.6 Concessionary loans**
**Amount of concessionary loans made (****_Multiple_**
**_loans made may be disclosed in aggregate provided_**
**_that such aggregation does not obsure significant_**
**_information_).**
**Total**
**Where a charity has provided financial assets**
**as a form of security, the carrying amount of**
**the financial asset pledged as security and the**
**terms and conditions relating to its pledge.**
**For all investments measured at fair value, the**
**basis for determining the value, including any**
**assumptions applied when using a valuation**
**technique.**
**17.7 Additional information**
**Please provide information about the**
**significance of investments to the charity's**
**financial position or performance eg. terms and**
**conditions of loans or the use of hedging to**
**manage financial risk.**
**Amounts receivable after more than 1 year**
**Amounts payable after more than 1 year**
**Amounts receivable within 1 year**
**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**
**Amounts payable within 1 year**|
**ntee made**
**ose**
**harity's**
**_Total_**
**_Total_**
|**£**

-
-


-
**La**

-
-
**This year**
|**This year £**
**Last year £**
- -
- -
- -
- -
- -
**This year £**
**Last year £**
- -
- -
- -
- -
**Last year**
**Last year**
**£**
**Last year**
-
-
-
-
**st year**
-
-| |---|---|---|---| |||
-|| |||**This year**
**This year**
**_Description_**
**This year**
**_Description_**|| **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.** |**18.1 Please state the carrying amount of stock and work in progress analysed between**
**activities.**|**unt of stock and work in progress analysed between**|**unt of stock and work in progress analysed between**| |---|---|---| |**For**
**distribution**
**For resale**
**For**
**distribution**
**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_**
- - - - -
**Work in**
**progress**
**18.2 Please specify the carrying amount of**
**any stocks pledged as security for liabilities**
**Stock**
**Donated goods**
**This year**
**Last year**
**£**
**£**|**For**
**distribution**
**For resale**
**For**
**distribution**
**For resale**
**£**
**£**
**£**
**£**
**£**
- - - - -
- - - - -
- - - - -
- - - - -
**- - - - -**
- - - - -
- - - - -
- - - - -
- - - - -
**- - - - -**
- - - - -
- - - - -
- - - - -
- - - - -
**- - - - -**
**Work in**
**progress**
**Stock**
**Donated goods**|| ||-|- - - -| |||- - - -
**This year**
**Last year**
**£**
**£**| **Section C Notes to the accounts (cont)** ## **Note 19 Debtors and prepayments** ## _**Please complete this note if the charity has any debtors or prepayments.**_ |**_Please complete this note if the charity has any_**
**_debtors or prepayments._**
**Note 19 Debtors and prepayments**|| |---|---| |**19.1 Analysis of debtors**
**VAT receivable**
**Donations pledged**
**Other debtors**
**Total**|**This year**
**Last year**
**£**
**£**
4,964
3,593
58,622
110,345
52| ||63,586
113,990| ||- -| ## **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)** |**Prepayments and accrued income**
**Other debtors**
**Total**
**Trade debtors**|**This year**
**Last year**
**£**
**£**
- -
- -
- -
- -| |---|---| ||- -| **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** **Payments received on account for contracts or performance-related grants** **Accruals and deferred income Taxation and social security Other creditors** **----- Start of picture text -----**
Amounts falling due within Amounts falling due after
one year more than one year
This year Last year This year Last year
£ £ £ £
- - - -
- - - -
32,404 12,393 - -
- - - -
- - - -
- - - -
- - - -
Total 32,404 12,393 - -
**----- End of picture text -----**
## **20.2 Deferred income** _**Please complete this note if the charity has deferred income.**_ |
**This year**|**This year**
**Last year**
**£**
**£**
-
-
-
-
-
-
**Last year**| |---|---| ||-
-| _**Please explain the reasons why income is deferred.**_ ## _**Movement in deferred income account**_ **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** **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** |**21.1 Movements in recognised provisions and funding commitment during the period**|| |---|---| |**Balance at the end 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 start of the reporting period**|**This year**
**Last year**
**£**
**£**
- -
- -
- -
- -| ||- -| |**21.2 Please provide:**
**- 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 outflows; 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**
**identified).**
**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**
**This year**
**Last year**| |---|---| **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 significance of financial instruments (eg. debtors, creditors, investments etc) to the charity's financial position or performance, for example, the terms and conditions of loans or the use of hedging to manage financial risk. 22.2 If the charity has provided financial assets as a form of security, the carrying amount of the financial assets pledged as security and the terms and conitions related to its pledge should be given here.** **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** **----- Start of picture text -----**
Description of item including its legal nature. Please Estimate of financial effect
describe any security provided in connection to the
liability.
Last year
Description of item including its legal nature. Please Estimate of financial effect
describe any security provided in connection to the
liability.
**----- End of picture text -----**
## **23.2 Contingent assets** **Where the charity has contingent assets, please complete the following section when their existence is probable** ## **This year** |**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:** |**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**|
**This year**
**Last year**| |---|---| **Section C Notes to the accounts (cont)** **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** **----- Start of picture text -----**
This year Last year
£ £
- -
- -
59,083 116,846
- -
59,083 116,846
**----- End of picture text -----**
**Section C Notes to the accounts (cont)** ## **Note 25 Fair value of assets and liabilities** |**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**
**financial demands) and market risk (the risk that**
**the value of an investment will fall due to changes**
**in the market) arising from financial 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 financial 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**| |---|---| **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 end of the**_ |**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**|**This year**
**Last year**| |---|---| ## **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 balance 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 Purpose and Restrictions brought Gains and carried
R or UR *
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 - 144,432 - 156,343 11,911 - -
- - - - - -
Unrestricted funds UR 229,222 51,213 - 164,496 - 11,911 - 104,028
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - - -
Other funds N/a N/a - - - - - -
Total Funds 229,222 195,645 - 320,839 - - 104,028
**----- End of picture text -----**
## **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 Fund Fund
Type PE, EE R or UR * Purpose and Restrictions balances forwardbrought Income Expenditure Transfers Gains and losses balances forwardcarried balances forwardbrought Income Expenditure Transfers Gains and losses balances forwardcarried
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 20,522 - 12,350 - 8,172 - - 27,377 48,640 - 76,017 - - -
- - - - - - - - - - - -
Unrestricted funds UR 164,516 149,544 - 93,010 8,172 - 229,222 41,274 285,886 - 162,644 - - 164,516
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
- - - - - - - - - - - -
Other funds N/a N/a - - - - - - - - - - - -
Total Funds 164,516 170,066 - 105,360 - - 229,222 68,651 334,526 - 238,661 - - 164,516
**----- End of picture text -----**
**Section C Notes to the accounts (cont)** ## **Note 27 Charity funds (cont)** ## **27.3 Transfers between funds** ## **This year** |**This year**|||| |---|---|---|---| ||**Reason for transfer and where endowment is converted to income,**||**Amount**| |||**legal power for its conversion**|| |Between unrestricted and|1. Fund the planned|shortfall in the NHLF Phase 2 Digital Museum Fund|-11911| |restricted funds|from General Fund||| |Between endowment and|||| |restricted funds|||| |Between endowment and|||| |unrestricted funds|||| ||||| |**Last year**|||| ||**Reason for transfer and where endowment is converted to income,**||**Amount**| |||**legal power for its conversion**|| |Between unrestricted and|||| |restricted funds|||| |Between endowment and|||| |restricted funds|||| |Between endowment and|||| |unrestricted funds|||| ||||| |**27.4 Designated funds**|||| |**This year**|||| |**Planned use**||**Purpose of the designation**|**Amount**| ||||| ||||| ||||| ||||| ||||| ||||| |**Last year**|||| |**Planned use**||**Purpose of the designation**|**Amount**| ||||| ||||| ||||| ||||| ||||| ||||| ## **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)** **TRUE** _**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.**_ |**_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._**
**Name of trustee**
**Legal authority (eg**
**order, governing**
**document)**|**Remuneration**
**Pension**
**contribution**
**Redundancy**
**(including**
**loss of**
**office)/ex**
**gratia**
**Other**
**TOTAL**
**£**
**£**
**£**
**£**
**£**
- -
-
-
**-**
- -
-
-
**-**
- -
-
-
**-**
- -
-
-
**-**
**Amounts paid or benefit value**| |---|---| ## **Last year** **None of the trustees have been paid any remuneration or received any other benefits from an TRUE employment with their charity or a related entity (True or False)** _**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
employment benefits were paid.
Where an ex gratia payment has been made to a trustee,
provide an explanation of the nature of the payment.
**----- End of picture text -----**
## **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)**
**Type of expenses reimbursed**
**Subsistence**
**Travel**
**Accommodation**
**Other (please specify):**
**TOTAL**|-
-
**£**
-
-
-
**This year**|-
**Last year**

**_TRUE_**

**£**
-
-


-
-
| |---|---|---| ||-
|-
| **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** |
**Name of the trustee**
**or related party**
**Relationship**
**to charity**
**Description of the**
**transaction(s)**
**Last year**
**Name of the trustee**
**or related party**
**Relationship**
**to charity**
**Description of the**
**transaction(s)**
**_For any related party, please provide details of any_**
**_guarantees given or received._**
**_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._**
**There have been no related party transactions in the reporti**
**_For any related party, please provide details of any_**
**_guarantees given or received._**
**_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._**
**There have been no related party transactions in the reporti**|**Amount**
**Balance at**
**period end**
**£**
**£**
**Amount**
**Balance at**
**period end**
**£**
**£**
None
**ng period (True or False)**
**Provisio**
**debts at p**
**£**
None
See below
**ng period (True or False)**
**Provisio**
**debts at p**
**£**|**Amounts**
**written off**
**during**
**reporting**
**period**
**£**
**Amounts**
**written off**
**during**
**reporting**
**period**
**£**
**_FALSE_**
**n for bad**
**eriod end**

**TRUE**
**n for bad**
**eriod end**
| |---|---|---| **Section C Notes to the accounts (cont)** **Note 29 Additional Disclosures** **The following are significant matters which are not covered in other notes and need to be included to provide a proper understanding of the accounts. If there is insufficient room here, please add a separate sheet.**