REGISTERED COMPANY NUMBER: 116292057 (England and Wales) REGISTERED CHARITY NUMBER: 1173731 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 FOR ANGLESEY COLUMN TRUST TWR AllC.WIS ANGLLSLY COLUMN Williams Denton Cyf Chartered Certified Accountants Glaslyn Ffordd y PaTC Parc Menai Bangor Gwynedd LL57 4FE
ANGLESEY COLUMN TRUST CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Page Report of the Thistees I to 5 Independent Examiner's Report Statement of Financial Activities Balance Sheet 8 to 9 Casb Floiv Statement io Notes to the Cash Flow StatemeDt Notes to the Financlal Statements 12 to 20
ANGLESEY COLUMN TRUST (REGISTERED NUMBER: 06292057) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 The trustees who are also dir¢ctors of the charity for the pulposes of the Compani¢s Act 2006, Present their report with the financial staten]¢nts of the charity for the year ended 31 March 2025. The trustees hav¢ adopted th¢ provisions of Accounting and Reporting by Charities- Statement of Recommended Practice appli¢abl¢ to charities preparing their accounts in ac¢ordan¢¢ with the Financial Reporting Standard applicable in the UK and R¢publi¢ of IT¢land {FRS 102) (¢ffective l January 2019). OBJEcfivES AND ACTIVITIES Objectlves and aim5 As stated in the Trust's MemoTandun] of Association. th¢ charity's objects include.. - Advancing education by making accessible th¢ Marquess of Allglesey's Column. - The preservation, maintenance, upkeep and repair of the heritage monument and associat¢d structures. Providing inlerpr¢tiv¢, ¢ducational 8nd engagement activitie5 relating to the history. geology, and eulthral significance of the site. Public benefit The Trust¢¢s confirni that they have compli¢d with the Chlty Commission's guidance on public benefit. In 2024125, public benefit was d¢liv¢Ted through- - Op¢ning the restored Column site, Visitor Centr¢, woodland and Café to the publAC. Providing interpretation boards, historical inforniation and ¢dutional materials. - Off¢ring volunteer-supported access to the ColumD through managed climbs. Supporting school visits and educational sessions where appropriate. - Providing access to heritage, landscape and local bistory r¢sources. - Ensuring pricing remained competitively set to maximise accessibility. Ensuring bilingual communication where possible. Page I
ANGLESEY COLUMN TRUST (REGISTERED NUMBER: 06292057) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 ACHIEVEMENTS AIYD PERFORMANCE Charitable aetivities 2024125 was the first operational year following the reopening of the site on l MaTch 2024, marking a major transition from capital project delivery to ongoing operation. Key Aehievements Visltor Aeeess & Engagement - The Column, Visitor Centre and Café were Successl1Y reopened after a ten-year closure. - Volunteers supported safe access to the Column through a managed climbing systenj. - InteretatiOn was provided on the site's bistory and geological importance. Educatlon & Communlty Actlvlty - Educational sessions were delivered for schools and university groups. - Talks and community-based activities consistent with clwitable obj¢ctiv¢s w¢re off¢r¢d. Volunteering - Re¢ruitm¢nt and training continu¢d across ward¢n, caf¢, rang¢r and l¢arning Tol¢5. - Volunteer management was strengthened through improved scheduling and communication tools Operational Transition & Capacity During the year, the Trustees engaged an independent adviser (October 2024) to support the tran51tion following the departure of the previous manager. After a period of review and operational support, the adviser wa5 appointed as Site Manager in January 2025 to provide contknuity and ensure the effective running of the newly reopened heritage site. This strengthened operational capacity during the Trust's first 11 year of public opening. Str2teglc Progress - Developm¢nt of th¢ new w¢bsit¢ moved forward and was near ¢ompl¢tion by y¢ar-¢nd. - Work ¢ontinu¢d to und¢rstand incom¢ str¢ams, footfall b¢haviour and op¢rating costs. - Initial r¢vi¢w of the busin¢ss mod¢l b¢gan, support¢d by ¢xl¢rnal consultancy. Fundraising ststement The Trust does not employ professional fundraisers OT engage commercial fundraising partners. All fundraising activity was conducted by Trustees, staff and volunteers in accordance with the Fundraising Code of Practice. No fundraising complaillts were received during the year. FllYANCIAL REVIEW Finaneial position 2024125 was financially challenging as the Trnst moved from project delivery to operating a heritage site. At 31 March 2025.. Restricted funds: £9,302 - UnTestricted funds: deficit of £955 Unexpected essential costs, including maintenance and operational need5 following the site'5 restOTation, impacted the financial position. Prfinelpal fundlDg sources The main income sources during the year were: - National Lottery Heritage Fund (NLHF) grant claims - Public donations - Income from the Cafe, column climbs, and other berilage engagement activAties Cashflo As th¢ NLHF r¢imburses only 650/0 of ¢ligible expenditur¢, the Trust must Cash-flow the remaining 350/y. Thi5 requirement pla¢¢d pressure on unT¢stricted funds toward the end of the year. Page 2
ANGLESEY COLUMN TRUST (REGISTERED NUMBEIL. 06292057) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 FINANCIAL REVIEW Investment policy and objectives The Trust holds no investments oth¢r than cash balances. The investment policy is being reviewed. Reserves policy Thc Trust aims to hold unrestricted TCSCTV¢S equivalent to 3-6 months of operating ¢xpenditur¢. As at 31 Mhr¢h 2025: - This target had not yet been &chi¢ved. - No designated reserves account exist¢d during the reporting ycar. Building reserves is a board priority for 2025126. Post Balance Sheet Events and Going concer Sincc th¢ y¢ar end of 31 March 2025, thc charily has undergone changes in its gov¢rnance and operational management arrangerncnts. These changes have enabled the Board Éo regain full ovcrsight of day-lo-day fmancial and op¢rational inforniation and to str¢ngth¢n the systcms and controls that support the charity's activities. The Trustees have Since tsken steps to improve gov¢rnan¢e and financial manag¢m¢nl, including: eTJhanced authorisation and payment controls - strengthened cash handling and reconciliation procedures - improved access to and monitoring of financial inforntIon - establishing a r¢seTves account, which currently holds £12.000 - increased Board involvement and oversight of operational management - working closely with the National Lottery Heritag¢ Fund on governance and business planning At the balance sh¢¢t date, unrestricted cash levels and reserves were low, giving rise to a material uncertainty regarding going concern, as noted by the Independent Examiner. Th¢ Trustees acknowledge this. However, taking into account the steps taken since year end, expected grant income. improved governance arr8ngements, and strength¢ncd financial controls, the Tnist¢¢s consid¢r that tbe charity has a reasonable expectation of continuing to operate for at lcast 12 months from the dal¢ of approving these fmancial ststem¢nts. Principal risks and uncertainties The Truste¢s maintain a risk register. Key risks for the reporting Ye included: Financial Risks - Low unrestricted reserves - D¢p¢ndence on NLAf match-funding - High fed operational costs relative to early-stage Éncome Opcrational Risks Safe public a¢SS to a listed column structur¢ - Reliancc on volunteer availability - Limited stsff capacity during the early reopening period Governance Risks - Small ISlee board with lin]ited ¢apacity Succ¢ssion planning needs - Ongoing transition from project to operational governance Mitigation Mitigation measur¢s included external consultancy. improved financial oversight. volunteer developm¢n¢ and governance str¢ngthening. Page 3
ANGLESEY COLUMN TRUST (REGISTERED NUMBER: 06292057) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 FUTURE PLANS Priorities for 2025126 include: - Preparing a c05ted plan for remaining NLHF-approved works - Producing updaled income and expenditure forecasts through 2027 Strengthening reserves to support operational resilience - Completing governance and operational Teviews - Trustee recruitment - Launching the new website - Further developing the business model and site operations - Establishing fornlal memorandums of understanding with key partners These plans support the Trnsvs long-terni sustainability and continued delivery of public benefit. STRUCTURE, GOVERIYANCE AND MANAGEMENT Governing document Anglesey Column TTUSt is a chaTitable company limited by guardntee (company number 06292057) and a registered charity (charity llumber 1173731), governed by it5 Memorandum of Association dated 25 Junc 2007. Recrnitment and appointment of neiv trustees Trust4 provide stratcgic ovcrsight, whilc day-to-day op¢rations ar¢ supported by a small staff team and volunteers. Tru5tccs are appointed in aG¢ordan¢e with the Charity's M¢morandum and Arti¢l¢s of Association. New twst¢¢s are idcntificd and recruitcd based on the skills required by the Board, and appointments are approved by th¢ ¢xisting Trust¢es. Indu¢tion for new Trustees includes access to the governing document, Charity Commission guidance, and an ov¢rview of th¢ Trust's op¢rations and obligations. The charity does noi have elected members, and trustees may be reappointed in lin¢ with th¢ provisions of th¢ gov¢rning document. Page 4
ANGLESEY COLUMN TRUST (REGISTERED NUMBER: 06292057) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 06292057 (England and Wales) Registered Charity number 1173731 Registered office Column Cottage Parc Twr Llanfairpwllgyngyll Anglesey LL615NJ Trustees Mr P J Davies OBE (r¢signed 13.10.25) Mr T Lloyd Ms P Owen Marquess C A V Paget Lord B D T Paget Mi P Simpson (T¢signed I1.4.24) Mr M Butl¢T Mr A R Slarcz¢wski Mr S M Evans (appointed 13.9.25) Company Secretary Mr P J Davies OBE {resign¢d 13.10.25) Independent Examiner Williams Denton Cyf Chartered Certifi¢d Accountants Glaslyn Ffordd y Parc Parc Menai Bangor Gwynedd LL57 4FE This report ha5 been pr¢par¢d in accordance with lh¢ sp¢cial provisions of Part 15 of the Companies Act 2006 relating to small companies. Approved by ord¢r of the board of trnstee5 on ...................................... and signed on its behalf by: Ms P Owen - Trust¢¢ Page 5
INDEPENDENT EK4MINER'S REPORT TO THE TRUSTEES OF ANGLESEY COLUMN TRUST Independent examiner's report to the trustees of Angles¢y Column Trust {'the Company,) I report to the charity trustees on my ¢xamination of th¢ accounts of the Company for the year ended 31 March 2025. Responsibllltles and basis of report As the charity's trustees of the Company (and also its directors for the purpos¢s of company law) you are responsible for the preparatton of the accounts in accordattce with the requirements of the Compani¢s Act 2006 ('the 2006 Act,). Having satisfied myself that the accounts of the Company are not required to b¢ audit¢d under Part 16 of the 2006 Act and are eligible for independent examination, I reporl in respect of my examination of your charity's aountS as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act,). In carrying out my examination I hav¢ followed the Directions given by the Charity Commission under Section 145(5) 0)) of the 2011 Act. Independent examiner's statement - matters of eoncern Idenllfied Since your charity's gross income exceeded £250,000 your examiner thust be a tnember of a list¢d body. I can confm that I am qualified to undertake the &xamination because I am a member of tbe Association of Chart¢r¢d Certified Accountants, which is on¢ of the listed bodies. I have completed rny ¢xamination. While the accounts are pr¢par¢d on a going concern basis as justified by the trnstees ill their report, in my opinion tbere is a material uncertainty about the chaTity's ability to continue as a going ncern. I confirni that no other matters have come to my attention in conn¢¢tion with th¢ ¢xamination giving Jne reasonable cause to believe that in any material respect: accounting records were not kept in respect of the Company as r¢quir¢d by S¢ction 386 of the 2006 Act. or the accounts do not accord with those records. or the accounts do not wmply with the accounting requirements of Section 396 of the 2006 Act oth¢r than any requirement that the accounts give a true and fair view whtch is not a matter consideTed as part of an ind¢p¢ndent ¢xamination' and th¢ a¢Unt5 have not been prepared in accordance with the methods and principles of th¢ Statement of R¢comm¢nded Practice for accountAng and reporting by charities (applicable to charities preparing their accounts in accordanc¢ witb the Finan¢ia] R¢porting Standard applicable in the UK and Republic of Ireland (FRS 102)). I confinn that there are no other matt¢rs to which your attention should be drawn to enable a proper understanding of the ac¢ounts to be reached. Colirt Bell FCCA Williams Denton Cyf Chartered Certified Accountants Glaslyn Ffordd y PaTC Parc Menai Bangor Gwynedd LL57 4FE Date- Pag¢ 6
ANGLESEY COLUMN TRUST STATEMENT OF FINANCIAL ACTIVITIES ONCORPOIL4TJNG AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2025 2025 Total funds 2024 Total fimds Unrestricted fund Restricted funds Not¢s INCOME AND ENDOWMENTS FROM Donations and legacics 16.138 16,138 50,335 Cbaritsble activities Maintain and PTOtc¢t The Marquess of Anglesey's Column 116,714 136,226 252,943 723,052 Inv¢stment income 584 584 Total 133 439 136 226 269,665 775,492 EXPEIYDITURE ON Charitable activities Maintsin and protect The Marquess of AngIeY'S Column 143,499 178 762 322 261 897.895 NET INCOMEI(EXPENDITURE) Transfers between funds (10,060) 37 519) (42,536) 37,519 (52,596) (122.403) 18 Net moven)ent in funds (47,579) (5,017) (52,596) (122.403) RECoNcILTION OF FUNDS Total funds brought forward 46,625 14a19 60,944 183,347 TOTAL FUNDS CARJUED FORWARD 8,348 60,944 The notes forn] part of these financial statements Pag¢ 7
ANGLESEY COLUMN TRUST (REGISTERED NUMBER: 06292057) BALANCE SHEET 31 MARCH 2025 2025 Totsl funds 2024 Total nds Unrestricted fund Restricted funds Nofrs FIXED ASSETS Tangibl¢ ass¢ts H¢ritag¢ ass¢ts 9281 13,966 23,247 19,441 12 9,281 13,966 23,247 19,441 CURRENT ASSETS Debtors C&8h at bank and in hand 13 1,025 1,092 li 2,117 7,606 6J78 12,622 19,000 50,833 CREDITORS Amounts falling due within one year 14 (16,614) (4,774) (21,388) (9,330) NET CURRENT ASSETSI(LIABILITIES) 10,236 7,848 2,388 41,503 TOTAL ASSETS LESS CURRENT LIABILITIES (955) 21,814 20,859 60,944 CREDITORS Amounts falling due aftcr mor¢ than one year 15 (12,511) (12,511) NET ASSETS 955 60,944 FUNDS Unrestricted fund5 Restricted funds 18 (955) 46,625 TOTAL FUNDS 60,944 The Charitable company is entitled to exernption from audit under Section 477 of the Companies Act 2006 for the y¢ar ended 31 March 2025. The m¢mb¢rs havc not required th¢ company to obtain 2n audit of its financial statcmcnts for the yeaT ended 31 March 2025 in accordance with Scction 476 of thc Compimies Act 2006. The trustees acknowledge their responsibilities for (a) ensuring that the charitable company keeps accounting records thal comply with Sections 386 and 387 of the Companies Act 2006 and preparing fmancial statements which give a trne and fair view of the slate of affairs of the charitable company as at the end of each financial year and of its sury)lus or deficit for each financial year in accordance with the r¢quir¢m¢nts of S¢¢tions 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 r¢lating to financial statements, so far as applicabl¢ to the clwitable company. (b) The n4)tes forni part of these fit)ancAal statements Page 8 continu¢d...
ANGLESEY COLUMN TRUST (REGISTERED NUMBER: 06292057) BALANCE SHEET - continued 31 MARCH 2025 These financial statements have been prepar¢d in accordance with the provisions applicable to charitsble ¢ompani¢s subJt to the small companies regime. The financial statements were approved by th¢ Board of Trustees and authoris¢d for issue on ................................... . and were signed on its behalf by.. Ms P Ow¢n - Trustee The nutes forni part of th¢s¢ financial ststements Page 9
ANGLESEY COLUMN TRUST CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 Notes Cash flows from operatlng actlvfitles Casb generated from operations 99910 655.558 Net cash provided by operating activities 99910 655,558 Cash lloJYs from Investlng actlvltles Purchase of tangible fixed assets Purchas¢ of h¢ritage assets Int¢r¢st r¢c¢iv¢d (12,248) (119J90) 584 (24,502) (844.108) 2,105 Net cash used in investing activities 131,254) 866.505) Cash flows from fancing Activities New loans in y¢ar Net ush provided by financing activities 5,000 Cbange in ea5h and eash equivalents in the reporting period Cash and cash equivalents at the beginning of the reporting period {26J44) (210,947) 43 254 174 Cash And cash equlvalents at the end of the reporting period 16 43,227 The notes fom part of these financial stalements Page 10
ANGLESEY COLUMN TRUST NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2025 RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERA TING ACTIVITIES 2025 2024 Net expenditure for the reporting period (as per the Statement of Financial Activities) Adjustments for: DrecIatiOn charges Loss on disposal of fixed assets Interest received Decr¢ase in debtors Increas¢/{decrea5e) in ¢r¢ditors (52,596) (122,403) 127,234 796 (584) 4,829 20 31 849,550 (2,105) 22,241 (91,725 Net cash provided by operations 655,558 ANALYSIS OF CHANGES IN NET FUNDS At 1.4.24 Cash flow At 31.3.25 Net cash Cash at bank and in hand 43,227 26 44 26 44 Debt Debts falling due within l year 4,000 {s,000 (9,000 4,000 Total 39,227 31,344 The notes fonn part of th¢se financial statements Pag¢ll
ANGLESEY COLUMN TRUST NOTES TO THE FINANCIAL STATEMEIYTS FOR THE YEAR ENDED 31 MARCH 2025 ACCOUNTLYG POLICIES Basis of preparing the financial statements Th¢ financial stat¢m¢nts of th¢ charitabl¢ company, which is a public benefit entity under FRS 102, have been prepared in accordan¢¢ with th¢ Cbariti¢s SORP (FRS 102) 'Arxowiting and Reponing by CharAties.' Statement of R¢comm¢nd¢d Practi¢¢ appli¢abl¢ to cbariti¢s pr¢paring th¢ir accounts in accordance with the Fillancial Reporting Standard applicabl¢ in th¢ UK and R¢public of Ir¢land (FRS 102) (effective l January 2019),, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ir¢land' and the Companies Act 2006. The financial statemenls have been prepared under the historical cost conv¢ntion. Income Income from donations and grants: including capital grants. is recognised once the charity has ¢ntitl¢ment to the income, it is probable that the income will be received and the amount of income receivable can b¢ m¢asur¢d reliably. Income from capital grants are defeed and released as income in line with the depreciation policy of th¢ i¢l¢vant asset. Donations are recognised when the charity has been nolified in writing of both the amount and settlcment date. In the event that a donation is subject to conditions that require a level of perfonnance before the charity is entitled to the funds, the income is deferred and not recognised until those conditions are met. Expendlture Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the harity to that ¢xp¢nditure, it is probabl¢ that a transf¢T of enomIC benefits will be required in settlement and th¢ amount of th¢ obligation can b¢ m¢asur¢d reliably. Exp¢nditur¢ is accounted for on an accrnals basis and has been ¢lassifi¢d und¢r h¢adings that aggr¢gat¢ all cost r¢lated to th¢ category. Where costs cannot be directly attribut¢d to particular headings th¢y hav¢ b¢¢n allocat¢d to activiti¢s on a basis consistent with the use of resources. Allocation and apportionment of costs Certain expenditure is directly attributable to specific activities and has been included in those cost cat¢gori¢s, Certain other costs, which are attributable to more than one activity, are apportioned acTOSS Cost categories on tb¢ basis of an estimate of the proportion of time spent by staff on those activities. Tangible fixed assets Depreciation is provid¢d at th¢ following annual rat¢s in ord¢r lo write off cach ass¢t OVCT Its estimated useful life. Long leasehold Plant and machinery Fixtures and filtings Computer equipment not pmvidcd 250/0 on Cost 20 /0 on reducing balance 250/0 on cost Taxation The charity is ¢xempt from coryoration tsx on its ¢haritabl¢ artiviti¢s. Fund accounting Unrcstrictcd funds can be used in accoTdance with the charitsble objectives at the discTetion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor 01 when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. Pagc 12 continued...
ANGLESEY COLUMN TRUST NOTES TO THE FINANCIAL STATEMENTS - conllnued FOR THE YEAR ENDED 31 MARCH 2025 ACCOUNTING POLICIES - eontinued Pension costs and other post-retlrement benefits The charitable company operates a defined contribution pension scheme. Contributions payabl¢ to the charitable COAnpany's p¢nsion scherne are charged to the Stat¢m¢nt of Financial Activities in th¢ p¢riod to which they relate. DONATIONS AND LEGACIES 2025 2024 Donations 50,335 INVESTMENT INCOME 2025 2024 Int¢r¢st receivable - trading 584 INCOME FROM CHAIUTABLE ACTivfTIES 2025 2024 Activity Maintain and protect The Marquess of Angl¢sey's Column Maintain and protect The Marqu¢ss of Anglesey's Column Maintain and protect The Marqu¢ss of Anglesey's Column Maintain and protect Th¢ Marquess of Anglesey's Column Maintain and protect The Marquess of Angle5ey's Column Admissioll fees 43,224 7,246 Merchandise sales 1,514 281 Cafe sales 67,330 4,888 Grdnts 140,429 709,293 Other income 446 252,943 723 052 Grnnts receiv¢d, included in the above, are as follows: 2025 2024 National Lottery Heritage Fund Welsh Government - Kickstart Hisloric Houses 136,039 190 4200 621,134 189 37,800 48,500 1,670 CADW Cymunedau Ymlaen Mon Communiti¢s Forward 140 429 709,293 Page 13 continued...
ANGLESEY COLUMN TRUST NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025 CHARITABLE ACTIVITIES COSTS Support costs (s¢¢ notc 6) Direct Costs Totals Maintain and protect The Marquess of Anglesey's Column 311,825 10,436 322,261 SUPPORT COSTS Gov¢man¢¢ costs Management Finance Other Totals Maintain and protect The Marquess of Anglesey's Colun)n 3,826 1,725 796 4,089 10,436 NET INCOMEI(EXPENDITURE) Ncl incomd(¢xp¢nditure) is stated aft¢r ¢hargingl(cr¢diting): 2025 2024 Depreciation - own¢d ass¢ts Deficit on disposal of fixed assets 7,646 796 5,441 TRUSTEES, REMUNERATION AY4D BENEFrrs There ww¢ no tstee5, remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024. Trust¢e5' expenses There were no trustees, expenses paid for the year ended 31 March 2025 nor for the y¢ar ¢nd¢d 31 March 2024. STAFF COSTS 2025 2024 Wages and salaries Other pension costs 88,804 787 28,260 348 The average monthly number of employees thwing the year was as follows: 2025 2024 Administration No ¢mployc¢5 r¢rKiv¢d ¢molum¢nts in excess of £60,000. Page 14 ¢ontinu¢d...
ANGLESEY COLUTrQY TRUST NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025 io. COMPAIL4TIVES FOR THE STATEMENT OF FIIYANCIAL ACTIVITIES Unrestricted fund Restricted funds Total funds INCOME AND ENDOWMENTS FROM Donations and legacies 50,335 50,335 Charitable activities Maintain and protect The Marqu¢ss of Anglesey's Column 14,816 708,238 723,052 Inv¢stmeDt income 2,105 Total 708,238 775,492 ExFE'DITuRE ON Cbarltable activities Maintain and protect The Marquess of Anglesey's Column 43,521 854,374 897,895 NET INCOMEI(EXPENDITURE) 23,733 (146,136) (122,403) RECONCILIATION OF FUNDS Total fiJnds brought forward 22,892 160.455 183,347 TOTAL FUNDS CARRIED FORWARD 46,625 60.944 Page 15 continued...
AIYGLESEY COLUMN TRUST NOTES TO THE FIIYANCIAL STATEMENTS- eontlDued FOR THE YEAR ENDED 31 MARCH 2025 ii. TANGIBLE FIXED ASSETS Fixtur¢s Long leasehold Plant and machinery Computer equipment fittings Totals COST At l April 2024 Additions Disposals 4,605 12.248 17,468 3,716 25,790 J2,248 995 At 31 March 2025 3,716 DEPRECIATION At l April 2024 Charge for year Eliminated on disposal 1,151 4213 3,493 2,636 199 1,705 797 6J49 7,646 199 At 31 March 2025 13,796 NET BOOK VALUE At 31 March 2025 11,489 10,543 1,214 23247 At 31 March 2024 3,454 13,975 2,011 19.441 The company bold5 a leas¢ of th¢ Marquess of Anglesey's Column and surroundillg amenity areas as a pernianent Endowment. No valuation of th¢ PTop¢ty was made when the lease was granted and its value, given its nature, is Considered to be purely academic. A nominal valu¢ of £1 has b¢¢n attribut¢d to the lease for the purpose of these financial statements. Page 16 continu¢d...
ANGLESEY COLUMN TRUST NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025 12. HERITAGE ASSETS Improvements to prop¢rty COST At l April 2024 Additions 1.135.803 119,589 As at 31 March 2025 1255,392 DEPRECIATION At l April 2024 Charge for year 1,135,803 119.589 1,255,392 NET BOOK VALUE At 31 March 2025 At 31 March 2024 The improvements to property r¢lat¢ to the costs of the complet¢ r¢storation of the Marquess of Anglesey's Column and sUoundIng area and are writt¢n off in the year th¢y are incurred as due to ils n?re it is not d¢emed appropriate to have a carrying value. Once the restoration has been completed any financially based valuation would b¢ misleading to the value and significance of the historical monument. Further more the costs incurred. if a valuation could b¢ obtained, would bc disproportionate in terms of benefits derived either by th¢ company or to uscrs of tb¢ fmancial statements. The truste¢s b¢li¢ve that should 2 disproportionally large amount bc intn)duced into the fmancial 5tatem¢nts this could giv¢ a misleading impression of thc assets wealth and act a disinc¢ntiv¢ to potential donors. Thc company aims to Tnaintain the Marquess of Anglescy's Column and surrounding area in good repair and has a duty of care to these assets and to make them available for public b¢nefit. On¢e the restoration is ¢ompl¢t¢ any ongoing costs of associat¢d repair and conseryation will be included in the Stalem¢nt of Financial Activities in th¢ year that they are incurred. Page 17 continued...
ANGLESEY COLUMN TRUST NOTES TO THE FINANCIAL STATEMENTS - eonlinued FOR THE YEAR ENDED 31 MARCH 2025 13. DEBTORS: AMOUNTS FALLING DUE WITHtN ONE YEAR 2025 2024 Trade debtors VAT Prepayments 574 1,543 4,322 3,284 7.606 14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Other loans (see note 16) Trad¢ Creditors Social s¢curity and other taxes VAT Oth¢r cr¢ditors Deferred grants Accrued expens¢s 9,000 4.741 2,096 4,000 481 1,208 660 17 3,671 1,863 190 2,678 21,388 9,330 15. CREDITORS: AMOUNTS FALLING DUE AFfER MORE THAN ONE YEAR 2025 2024 DcfeTr¢d grants 16. LOANS An analysis of the maturity of loans is giv¢n below: 2025 2024 Amounts falling due within one year on d¢mand: Oth¢r loans 4,000 17. SECURED DEBTS National Heritage Memorial Fund have fixed charges over the properties as security for grants awarded to the charity. Page 18 continued...
ANGLESEY COLUMN TRUST NOTES TO THE FINANCIAL STA TEMENTS - ¢ontiDued FOR THE YEAR ENDED 31 MARCH 2025 18. MOVEMENT IIY FUNDS Net movement in flmds Transfers between nds At 31.3.25 At 1.4.24 Unrestrieted funds Gen¢ral fund 46,625 {10,061) (37,519) {955} Restrieted funds Endowment fund Restoration fund 14J18 42,535) 14J19 42,535 TOTAL FUNDS 60944 52 596) 8.348 Net movetnent in fi]nds, included in the above are as follows: Incoming resources R¢sourc¢5 expend Movement in ndS Unrestrieted funds General fund 133,439 (143,500) (10,061) Restricted funds Restoration fund Kickstart 136,037 189 {178,572) (42,535) 136 226 178,761) TOTAL FUNDS 322 261) 52.59 Compargtfives for movement In funds Net movement in funds At 31.3.24 At 1.4.23 Unrestricted funds GeneTal fund 22,892 23.733 46,625 Restricted funds Endowment fund Restoration fund 160,454 (146,136) 160455 146,136 TOTAL FUNDS 183 347 1122,403) 60,944 Page 19 continued...
ANGLESEY COLUMN TRUST NOTES TO THE FINANCIAL STATEMENTS - eontinutd FOR THE YEAR ENDED 31 MARCH 2025 18. MOVEMENT IN FUP4DS - continued Comparativ¢ net movement in nds, included in the above are as follows.. Incoming resources Resources expended Movement in funds Unrestrieted fund5 General fund 67,254 (43,521) 23.733 Restrieted funds Restoration fund Kickstart 708,048 190 (854,184) 190) {146,136) 708 238 (854,374 146,136) TOTAL FUNDS 775,492 897,895) 122403 RESTRICTED FUNDS Endowment Fund This fund represents the nominal valu¢ attribut¢d to th¢ l¢ase of the Column and surrounding amenity areas. Restoration Fund This fund is for the restoration and maint¢nan¢¢ of th¢ Marquess of Anglesey's Column and SUTrounding area. Kfickstart Funding scheme to help towards cost of ¢mploym¢nt. 19. RELATED PARTY DISCLOSURES As at the balance sheet date, there were loans amounting to £9.000. of which £5,000 was rcccivcd during the year from a related paty. Th¢ £4,000 loan brought forward related to Trustees loans. Other than thes¢ loan5, th¢T¢ w¢re no other related paty transactions for the year ended 31 March 2025. Page 20
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