| Page | ||||
|---|---|---|---|---|
| Reference | and Administrative | Details | ||
| Statement | from the Chair | 3-4 | ||
| Trustees' | Report | 5-8 | ||
| Independent | Examiner's Report to the Trustees |
|||
| Statement | of Financial Activities | IO | ||
| Analysis of | Income and Expenditure | I I- I2 | ||
| Fund Movement Summary |
13- I4 | |||
| Statement | ofCash Flows | I5 | ||
| Balance Sheet | I6-I7 | |||
| Notes to | the accounts | I8-22 |
| Name ofthe charity | Name ofthe charity | Name ofthe charity | Tavistock Heritage Trust | Tavistock Heritage Trust | Tavistock Heritage Trust | |||
|---|---|---|---|---|---|---|---|---|
| Charity Number | I I73744 | |||||||
| Company | Number | 1060793I | ||||||
| Registered | Office | The Guildhall | ||||||
| Guildhall Square |
||||||||
| Abbey Place | ||||||||
| Tavi stock | ||||||||
| Devon | ||||||||
| PL I9 OFW | ||||||||
| Trustees | holding office | Sara Burgess (appointed | I"September | 2022) | ||||
| during the | year | Simon Crosbie | ||||||
| Dr Tom Graham | (resigned | 15'"November | 2022) | |||||
| Simon Hirst | ||||||||
| Sandra Jones | ||||||||
| Andrew Main |
||||||||
| Alex Mettler | ||||||||
| Dr Geri Parlby | ||||||||
| Anthony Rawlins |
(resigned | I 7'" November | 2022) | |||||
| Cllr Philip Sanders | ||||||||
| lan Wright | ||||||||
| Company | Secretary | Dr Tom Graham | (resigned | I 5t" November | 2022) | |||
| Simon Hirst (appointed | 6t" | December | 2022) | |||||
| Bankers | HSBC | |||||||
| 4 Old Town St | ||||||||
| Plymouth | ||||||||
| Devon | ||||||||
| PLI IDD |
||||||||
| Independent | Examiner | Andrew Wing FCA |
| Unrestricted | Restricted | Total | Total | ||
|---|---|---|---|---|---|
| funds | funds | funds | funds | ||
| 2023 | 2023 | 2023 | 2022 | ||
| Notes | |||||
| INCOMING RESOURCES: | |||||
| Donations and grants |
3,789 | 74,091 | 77,880 | 34,055 | |
| Charitable activities |
1,501 | 1,574 | 3,075 | 2,317 | |
| Trading activities |
2,076 | 8,842 | 10,918 | 7,752 | |
| Investment income |
307 | 307 | 12 | ||
| Other fundraising | 904 | 904 | 85 | ||
| TOTAL INCOME | 7,366 | 85,718 | 93,084 | ||
| RESOURCES USED: | |||||
| Governance | 2,573 | 1,333 | 3,906 | 892 | |
| Cost ofcharitable activities |
564 | 57,801 | 58,365 | 40,648 | |
| Trading costs | 210 | 9,116 | 9,326 | 4,658 | |
| Support costs | 666 | 1,050 | 1,716 | 593 | |
| VICIGuildhall operating costs |
3,247 | 35,683 | 38,930 | 1,165 | |
| Premises 8 equipment costs |
114 | 3,987 | 4,102 | 4Q,Q98 | |
| Miscellaneous costs |
33 | 17 | 50 | 277 | |
| TOTAL EXPENDITURE | 7,408 | 108,986 | 116,394 | 88,331 | |
| NET INCOME BEFORETRANSFERS | 42 | 23,269 | 23311 | 44,045 | |
| Transfers between Funds |
(12,928) | 12,928 | |||
| NET INCOME BEFORE OTHER | (12,970) | (10,341) | (23,311) | (44,045) | |
| RECOGNISED GAINS AND LOSSES | |||||
| Extraordinary Items |
|||||
| NET MOVEMENT IN FUNDS |
(12,970) | (10,341) | (23,311) | (44,045) | |
| RECONCILIATION OF FUNDS: |
|||||
| Total funds brought forward |
35,941 | 40,774 | 76,715 | 120,825 | |
| TOTAL FUNDS CARRIED FORWARD | 22,971 | 30,433 | 53,404 | 76,745 |
| INCOME | |||||
|---|---|---|---|---|---|
| Total Funds | |||||
| Unrestricted | Restricted | Total | 2022 | ||
| Notes | |||||
| Donations and grants |
|||||
| Donations | 3,789 | 5,435 | 9,224 | 858 | |
| Grants | 68,656 | 68,656 | 33,$97 | ||
| Charitable activities |
|||||
| Projects | |||||
| Lectures | 1,251 | 1,251 | 1,307 | ||
| Guided Heritage Walks |
961 | 961 | 570 | ||
| Other events | 250 | 613 | 863 | 440 | |
| Trading activities | |||||
| Retail sales | 8,842 | 8,842 | 7,332 | ||
| Room hire | 2,076 | 2,076 | 420 | ||
| Investments Income |
307 | 307 | |||
| Other Fundraising | 904 | 904 | |||
| Total income | 7,366 | 85,718 | 93,084 |
| Total Funds | |||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | 2022 | ||||
| Notes | |||||||
| Governance | |||||||
| Accountancy | 313 | 313 | |||||
| Legal Advice | 1,140 | 1,320 | 2,460 | ||||
| Company costs |
27 | 27 | |||||
| Insurance | 958 | 958 | 697 | ||||
| Sank charges | 135 | 148 | |||||
| Cost ofcharitable | activities | ||||||
| Projects expenditure | 36,376 | 36,376 | 5,733 | ||||
| Lectures expenditure | 952 | ||||||
| Guided Heritage | Walks | expenditure | 2 | ||||
| Other events expenditure | 278 | 278 | 200 | ||||
| Staff salaries and | benefits | 21,425 | 21,425 | 31,494 | |||
| Staff &volunteer | costs | 286 | 286 | 2,266 | |||
| Trading costs | |||||||
| Cost ofgoods sold | 8,424 | 8,424 | 4,517 | ||||
| EPOS / card reader costs | 210 | 692 | 902 | ||||
| Postage costs | 141 | ||||||
| Support costs | |||||||
| Publicity | |||||||
| Marketing | 300 | 650 | 950 | ||||
| 8ubscriptions | |||||||
| ICT and website | 366 | 400 | 766 | 180 | |||
| VIC IGuildhall operating |
costs | ||||||
| Duty Manager | 1,98'3 | 1,983 | |||||
| Guildhall service |
charge | 35,683 | 35,683 | ||||
| Electricity | 291 | ||||||
| Telecommunications | 130 | 130 | 318 | ||||
| PPL/ PRS Licence | 932 | 932 | |||||
| Water | 31 | 31 | 178 | ||||
| Supplies and welfare |
219 | ||||||
| Stationery | 171 | 171 | '/59 | ||||
| Premises 8 equipment | costs | ||||||
| Equipment and fitout |
114 | 3,987 | 4,102 | ||||
| Miscellaneous costs |
|||||||
| Miscellaneous costs |
33 | 50 | 277 | ||||
| Total expenditure | 7+08 | 108,986 | 116,394 | 88,331 |
| Fund | Fund | ||||||
|---|---|---|---|---|---|---|---|
| balances | balances | ||||||
| brought | Incoming | Outgoing | Net | carried | |||
| FUND | forward | Resources | Resources | Transfers | forward | ||
| Notes | F | p | F | ||||
| Unrestricted Funds |
|||||||
| General Fund |
33,763 | 7,366 | (7,408) | (10,750) | 22,971 | ||
| Designated Learning Fund |
2,178 | (2,178) | |||||
| TOTAL UNRESTRICTED FUNDS | 35,941 | 7,365 | (7,408) | (12,928) | 22,971 | ||
| Restricted Funds | |||||||
| Education, Research and Conservation Fund |
2,687 | 2,693 | |||||
| Product and Publishing Fund |
8,842 | (9,638) | 10,199 | 9,403 | |||
| Learning Fund |
80 | 2,188 | 2,268 | ||||
| VIC Projects Fund | 145 | 145 | |||||
| Peninsula Quarry Industry Social History Trust Grant |
2,836 | 2,850 | |||||
| Devon Elevation Fund |
27,000 | (27,000) | |||||
| Guildhall Gateway Project— Charitable Trust Grants |
21,987 | (22,745) | 758 | ||||
| Guildhall Gateway Project- NLHF Grants |
9,886 | (6,403) | 3,515 | ||||
| Tavistock Town Council Grant for Guildhall Operating Costs |
35,683 | (35,683) | |||||
| South Devon Arts Grant | 250 | (250) | |||||
| Teignbridge CVS Grant for Disabled Walks |
100 | 100 | |||||
| Donations from Sponsored for New VIC Fitout |
Walk | 872 | 876 | ||||
| Tavistock Local History Society Grant for Tapestry Frame |
980 | (900) | 83 | ||||
| Historic England Grant for Sir Francis Drake Project |
3,226 | 4,723 | 27 | 7,976 | |||
| Restricted Grant for new Tavistock Guildhall Website |
200 | (200) | |||||
| Restricted Grants and Donations for Ship Painting Restoration |
150 | 6,000 | (6,000) | 151 | |||
| Funding from Government "Kickstart" Scheme |
520 | (150) | 372 | ||||
| THT Suspense Account | 17 | 307 | (17) | (307) |
| Unrestricted | Restricted | Total | ||
|---|---|---|---|---|
| F | ||||
| As at 1st April 2022 | 29,562 | 41,868 | 71,430 | |
| Net Income/(Expenditure) | (42) | (23,269) | (23,311) | |
| (Increase)/Decrease | in Stock | 6,050 | (9,439) | (3,389) |
| (Increase)/Decrease | in Investments | |||
| (Increase)/Decrease | in Debtors | 487 | (151) | 336 |
| Increase/(Decrease) | in Creditors | 211 | 2,188 | 2,399 |
| Net fund transfers | (12,928) | 12,928 | ||
| Extraordinary losses |
||||
| As at 31st Nlarch 2023 | 23,340 | 24,125 | 47,465 | |
| Represented by: |
||||
| Cash in current account | 23339 | 8549 | 31,888 | |
| Cash in hand | 1 | 576 | ||
| Cash on deposit | 15,000 | 15,000 | ||
| 23,340 | 24„125 | 47,465 |
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| Notes | |||||
| Fixed assets | |||||
| Investments | |||||
| Tangible assets | |||||
| Current assets | |||||
| Debtors | 599 | ||||
| Stock | 9,439 | 8,050 | |||
| Cash at bank and | in | hand | 47,465 | 71,430 | |
| 57,503 | 78,415 | ||||
| Liabilities | |||||
| Creditors: amounts | falling due within one year | 4,100 | I,701 | ||
| Net current assets | 53403 | 78„714 | |||
| Total assets less | liabilities | 53,404 | 78,71$ | ||
| Represented by: |
|||||
| Unrestricted funds |
22,971 | 35,595 | |||
| Restricted funds |
30,433 | 41,120 | |||
| Funds ofTavistock | Heritage Trust | 53,404 | T6 335 |
| 2023 | 2022 | |||||
|---|---|---|---|---|---|---|
| Sales of | donated | items | 'l2 | |||
| General | donations | from public | 3,789 | 746 | ||
| Restricted donations |
for specific activities | 5,214 | 100 | |||
| Other donations | and | gift aid claimed | 75 | |||
| 9,078 |
| 2023 | 2022 | ||
|---|---|---|---|
| Trade debtors | 550 | 585 | |
| Interest Receivable | 49 | ||
| Prepayments | and accrued income | ||
| 599 | 935 |
| : Amounts falling d |
ue within one ye | ar, | |
|---|---|---|---|
| 2023 | 2022 | ||
| Trade Creditors | 1,818 | 908 | |
| Taxation and Social Security | 773 | ||
| Accruals and deferred | income | 2,228 | |
| 4,100 | 1,701 |