Archbishops Palace Conservation Trust
Year ended 30 June 2025
Archbishops Palace
Conservation Trust
Registered Charity No 1173486
Trustees, Report and Financial Statements
th
Year ended 30 June 2025

Archbishops Palace Conservation Trust
Year ended 30 June 2025
Reglstered Charlty number 1173486
Contents
Charitable Informatlon........................... .....................................................................................................,......
Trustees, Report................................................................................. ............. ..................................................
Independent Examlners Examinerfs Report to the Trustees of the Archbishops Palace Conservatlon Trust
Statement of Flnancial Artivities.................................................................
Balance Sheet...............................
Notes to the Financial Statements................................................................... ................................................ 10

Archbishops Palace Conservation Trust
th
Year ended 30 June 2025
Charitable information
Registered office
Chantry Cottage, The Green. Otford,
Kent TN14 5PD
Bankers
Lloyds Bank, 25 Gresham Street. London. EC2V7HN
Trustees
Andrew Goymer, Chairman
Nick Rushby, Secretary
John Edwards-winser
Elizabeth Anderson
Roger House
Charles Shee
Neil Williams
David Barley {resigned 28th August 2024)
Beth Walker {resigned 23 October 20241
th
Gabriella Howell (resigned 4 December 2024)
Robyn Codlin (appointed 31st December 2024)
Elizabeth Fettes-Neame (appointed 31" December 2024)
Stewart Baird (appointed 21st February 2025)
Roger Gough (appointed 2025)
Independent Examiner
Keith Lawrey
Charitable Incorporated
Organisation Number
Registration No 1173486

Archbishops Palace Conservation Trust
Year ended 30 June 2025
Trustees, Report
The Trustees present their annual report and financial statements of the charity for the year ended
th
30 June 2025. The financial statements have been prepared in accordance with the accounting
policies set out in note I to the accounts and comply with the charitys trust deed, the Charities Act
2011 and the Charities SORP {FRS 102).
Objectlves and Actlvities
The Trust has a lease of 99 years for the site and buildin85 of the Tudor Palace in Otford from Sevenoaks
Distritt Council. The Trust will engage with a wide range of people from north-west Kent and London, using
the site and buildings of the Tudor Palace and the Otford Heritage Collettion to promote the understanding
and enjoyment of the heritage of the Darent Valley, and thus to engendertheir well-being through
engagement with that heritage. To achieve this, we will restore the iconic buildings of the Archbishop's
Palace in Otford and create an Interpretation centre that will att as a hub for further exploration.
Achievements and perfomiance
This year Trustees have Improved the palace grounds for visltors with an extensive tree planting
programme. Work also included researching public Information provision, construtting a temporary ground
floor for the Tower and laying on electrical supply. The site was opened for Mayday celebrations and was
well received by visitors with much better weather this year.
Unfortunately, the bid to the natlonal Lottery dld not proceed as we hoped but we have been encouraged to
re-submit on a reduced scale. This should cover repalrs to the roof, instatement of remaining floors together
with stairs to access the higher levels. The site shows much potential historical interest and an
archaeological survey wlll be needed.
Flnanclal revlqw
In the year to £30 June 2025 £21,64412024- £27.622) was raised by the Trust. These amounts included
£14,20912024 £19,160} as restricted funds set aside for agreed purposes. The major expenditure for 2025
was £7,759 was for tree plantin8 and the creation of an attrartive bench in the palace field. Four restricted
projects have now been concluded, and where expenditure exceeded the grants received, the exce55 has
been transferred from unrestricted funds. The major overrun of £8,975, was on the £145,000 tower
stabilisatlon project and resulted from an improved specification for the historic window frames whlch has
greatly enhanced the Towerfs appearance.
Funds continue to be raised with support frorn the local communlty and from the Pllgrim Trust and the Kent
County Council while we continue to seek major sponsors.

Archbishops Palace Conservation Trust
Year ended 30 June 2025
Strurture, Governance and Management
The Trustee board met 4 times to review progress and set future objettives through detalled papers
provided by the Secretary. There have also been several open day events and working parties to help with
the varlous aspects of achieving the Trust aims.
Reference and Admlnlstratlve detalls
Trustee have either met online or more recently through face-to-face meetlngs. Trust records including
financlal records are maintained by the Secretary and backed up regularly.
Signed on behalf of the Board of Trustees
Andrew Goymer
Chairman

Archbishops Palace Conservation Trust
Year ended 30th June 2025
Independent Examiners Examinerfs Report to the Trustees of the
Archbishops Palace Conservation Trust (the Registered Charity,
number 1173486)
I report to the charity Trustee5 on my examination of the accounts of the Charity for the year ended 30
June 2024.
Responslbllltles and Basls of the Report
As the Trustees of the Charity you are responsible forthe preparation of the accounts In accordance with the
requirements of the Charities Act 20111'the 2011 Act'l.
I report in respect of my examination of the Charity's accounts carried out under section 145 of the 2011 Act
and in carryln8 Out my examlnatlon I have followed all the applicable Directions given by the Charity
Commission under settion 14515)Ibl of the 2011 Act.
Independent Examlnerfs Statement
I have completed my examination. I confimi no materlal matters have come to my attention in connertion
wlth the examinatlon glving me cause to belleve that in any material respert the accounts do not accord
with those records. I have no concerns and have come across no other matters in connettion wlth the
examination to which attentlon should be drawn In thls report in order to enable a proper understandln8 of
the accounts to be reached.
Signed
L&J
Name
Keith Lawrey, JP, Barrister at law, Chartered Secretary
Address
23, Tudor Crescent, Otford, Kent, TN14 5Q5
Date

Archbishops Palace ConseNation Trust
Year ended 30 June 2025
This report is made solely to the Charity's Trustee5, as a body, in accordance with Part 4 of the Charities
{Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the
Charity's Trustees those matters l am required to state to them in an independent examiner's report and for
no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone
other than the Charity and the Charity's Trustees as a body, for my work or for this report.
Your attention is drawn to the fact that the Charity has prepared the accounts in accordance with
Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities
preparing their accounts accordance with the Financial Reporting Standard applicable in the UK and Republic
of Ireland IFRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended
Practice issued on l April 2005 which is referred to in the extant regulations but has been withdrawn.
l understand that this has been done in order for the accounts to provide a true and fair view in accordance
wlth the Generally Accepted Accounting Practice effective for reporting periods beginning on or after I
January 2015.
I have completed my examination. I can confirm that no matters have come to my attention in connertion
wlth the examination givlng me cause to believe that In any materlal respect:
l. accountlng records were not kept In respect of the Charity as required by sertion 130 of the 2011 Act; or
2. the accounts do not accord with those records; or 3. the accounts do not cornply wlth the appllcable
requirements concernln8 the form and content of accounts set out in the Charitles IAccounts and Reports)
Regulations 2008 other than any requirement that the accounts give a 'true and fair, view whlch Is not a
matter considered as part of an Independent examlnation.

Archbishops Palace Conservation Trust
Year ended 30th June 2025
Statement of Financial Activities
2024
Total
Funds
Unrestrlrted
Funds
Restrlcted
Funds
2025 Total
Funds
Incom5ng resources charitable actfvlties
Unrestritted grants and donations
Help with Lottery Fund application
Pilgrim Trust grant
Grant towards Tower flooring
Info-point projert
Palace Field project
Sales and May Day income
KCC members fund
Totsl In¢omln8 resources
Outgoln8 resources charltsble actfvltles
Consultants for design and planning
Stabilisation project costs
Tower electrification
Dirert costs of sales and Mayday costs
Info-point project
Tower ground floor project
Depreciation
Otford Heritage expenses
NLF Bld expenses
Palace field upkeep
Palace Fleld improvement project
Insurance
Tower and gatehouse costs
Accounting and general office costs
IT & website costs
Bad debt
Loss on sale of asset
Transfers between funds
Total resources expended
3,883
3,883
7,516
5,000
10,000
10,000
500
9,960
3,700
946
2,209
2,209
3,552
2,000
21.644
3,552
2,000
14.209
7,435
27,622
2,088
145,169
(667)
16671
4,583
376
1,433
4,583
376
1,433
1,596
878
1,250
440
4,628
1,072
894
570
740
1,426
530
625
625
1,850
1,850
2,663
7,759
570
472
479
394
72
375
2,663
7,759
570
472
479
394
72
375
20.434
550
20,984
161,281
Net Income (expendlture) for the year
{12,999)
13,659
660
(133.659)

Archbishops Palace Conservation Trust
Year ended 30 June 2025
Balance Sheet
2025 Total
2024
Funds Total Funds
Flxed assets
1,250
3,750
Current assets
Cash at Lloyds bank
Debtors:
Accounts receivable
VAT recelvable
Total Current Assets
20,849
30,574
io,o(KJ
1,018
31.867
72
553
31,199
Less: Credltors: due In less than one year
Accruals
Trustee loans
ReceSpt In advance
Total current Ilab115tles
Total net current assets
11,8851
{io,0001
16071
(12,492)
18,707
{io,0001
(10,000)
21,867
Totsl Assets less Llabllltles
23,117
22,457
Capital and reserves
Retained earnings brought forward
Current year loutgoingsl earnings
Total Capltal and Reserves
22.457
660
23.117
156,116
{133,6591
22.457
Slgned Nlck Rushby.
Secretary
Dated
Slgned Andrew Goymer
Chalrman
Dated

Archbishops Palace Conservation Trust
Year ended 30th June 2025
Notes to the Financial Statements
l Accountlng pollcles
1.1 Basis of preparation:
The financial statements have been prepared under the historical cost convention with items recognised at
their cost values and underthe Statement of Recommended Practice- Accounting and Reporting by Charities
preparingtheir accounts in accordance with the Financial Reporting Standard applicable in the UK and the
Republic of Ireland IFRS 102), the Charities Act 2011 and the Companies Art 2006.
1.2 Income
Income is recognlsed once the charity has entitlement to the income and it Is probable that the income will
be re￿IVed and the amount of income can be measured reliably.
1.3 Expenditure
Expenditure is recognised once there is a legal or construrtive obligatlon to transfer economic benefit to
third party and it is probable that a transfer of economic benefit will be required in settlement and the
amount of the obligation can be measured reliably.
1.4 Depreciation
Depreclation is provided at a rate calculated to write off the cost less resldual value of the asset over its
expected useful life. The Information asset Info-point Is computer based and has been depreciated at 25%
per annum on the straight-line basis.
1.5 Fund accountlng
Restrltted funds are funds which are to be used In accordance with specific restrictions Imposed by donors or
which have been ralsed by the charity for particular purposes.
2 Support costs
None of the Trustees are remunerated. Reimbursement of expenses may be made In certain circumstances.
There were no Trustee expenses reimbursed in 2025 {2024 nil) At 30 June 2025 (also at 30 June 20241 one
Trustee had an outstanding interest free loan of £10,￿0 to the Charlty.
io

Archbishops Palace Conservation Trust
Year ended 30 June 2025
Fixed assets
2025
C05t
At l July 2024
Additions
Disposals
At 30 June 2025
Depreclatlon
At l July 2024
Relating to disposals
Charge for the year
At 30 June 2025
Net Book Value at 30 June 2024
5,000
12,5001
2,500
1,250
{6251
625
1,250
3,750
Net Book Value at 30 June 2025
1,250
The Info-point project included £5,000 capital expenditure purchased in 2024 of which half was sold in 2025
wlth the agreement of the donor and the project terminated. Half of the assets remaln wlth the APCT but no
longer as part of the restritted funds.
li

Archbishops Palace Conservation Trust
Year ended 30 June 2025
Statement of Funds- current year
Trdnsfers
Balance at
to/ (from)
30th June
Unrestrfrted Expenditure 2025
Balance at
tst July 2024 Income
Unrestrlcted Funds
Restrlrted Funds:
Pilgrim Trust grant
KCC members fund grant
Stabilisatlon project
Tower ground floor
Info-point project
Net capitalised value
Palace Field project
NLHF bid costs help
Total Restrlrted Funds
Totsl funds
22.185
7.435
19,825)
{10,609)
9.186
10,000
2,000
10,000
2,000
196421
(378)
3.364
3,750
2,806
372
2n
22.457
8,975
378
667
{1,4331
1,931
13,7501
2,744
1,478
9,825
2,209
(7,7591
11,850)
(10,375)
(20,984)
14,209
21,644
13,931
23,117
Statement of Funds- prfor year
Transfers tol
Balance at
(from)
30th June
Unrestrlrt•d Exp•ndltur• 2024
Balance at
1st July 2023 In¢om•
Unrestrfcted Funds
Restrlcted Funds:
Stabilisation projert
Tower ground floor
Info-point project
Net capitalised value
Palace Field project
NLHF bid costs help
Total Restrlcted Funds
Total funds
20,589
8,462
{6.866)
22,185
135,527
(145,169)
18781
{6,5961
3,750
{8941
14,628)
(154,415)
{161.281)
19,6421
13781
3,364
3,750
2,806
372
272
500
9,960
3,700
5,000
19,160
27.622
135,527
156.116
22,457
12