**REGISTERED CHARITY NUMBER: 1174807**
## **Report of the Trustees and**
**Unaudited Financial Statements for the Year Ended 31 December 2022**
## **for**
## **Harwich Electric Palace Trust**
JTF Chartered Certified Accountants 195 Main Road Dovercourt Harwich Essex CO12 3PH
**Harwich Electric Palace Trust**
**Contents of the Financial Statements for the Year Ended 31 December 2022**
|||**Page**||
|---|---|---|---|
|**Report of the Trustees**|1|to|3|
|**Independent Examiner's Report**||4||
|**Statement of Financial Activities**||5||
|**Balance Sheet**||6||
|**Cash Flow Statement**||7||
|**Notes to the Cash Flow Statement**||8||
|**Notes to the Financial Statements**|9|to|15|
|**Detailed Statement of Financial Activities**|16|to|17|
**Harwich Electric Palace Trust**
**Report of the Trustees for the Year Ended 31 December 2022**
The trustees present their report with the financial statements of the charity for the year ended 31 December 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
The charity's main aim is to preserve the Harwich Electric Palace cinema in terms of both the structure and its functioning as a working cinema.
## **Significant activities**
The charity's main activity is the operation of the building as a cinema and theatre. The cinema re-opened in April 2022 after 4 years of major restoration work.
## **Public benefit**
Through its subsidiary company, the charity provides a cinema and theatre for the small Essex town of Harwich. The charity also works to preserve the historic building for the benefit of future generations.
## **Grantmaking**
The charity does not make grants to other institutions or individuals.
## **Volunteers**
The charity relies on the support of around 40 volunteers whose roles cover managers, helpers, sales personnel, finance and trustees.
## **ACHIEVEMENT AND PERFORMANCE**
## **Charitable activities**
The cinema was closed from 2018 until its re-opening in April 2022 following a detailed project to complete a £1.7m programme of restoration and repair work. The work primarily consisted of repairs to the ceiling, the removal of asbestos, repairs to seating and a new heating system. The work programme was interrupted for several weeks due the impact of the Covid 19 pandemic, but the cinema successfully re-opened in April 2022, and continues to be open to the public.
## **Fundraising activities**
Most of our funding comes from national organisations but many other regional and local bodies have assisted with grants and a loan facility. The major restoration project was completed in 2022, thanks to significant funding support from both the National Lottery Heritage Fund and Historic England.
The charity also runs live music and entertainment events to raise funds to cover the ongoing costs of maintaining the property.
## **FINANCIAL REVIEW**
## **Financial position**
At the end of the year, the charity had net assets in the sum of £108,260 and this also included grant funding from the main restoration project to support new community activities such as dementia and autism showings, and comedy and music events. Following the re-opening of the building in Spring 2022, there has been and will be a need to continue to maintain and replenish the charity's reserves through trading surpluses achieved by the charity's subsidiary company and other fundraising.
## **Principal funding sources**
The charity has been substantially funded by the National Lottery Heritage Fund and Historic England and further funding has been provided since the end of the year. A total in the region of £1.7 million will have been received by the time the restoration project has been completed.
Page 1
**Harwich Electric Palace Trust**
**Report of the Trustees for the Year Ended 31 December 2022**
## **FINANCIAL REVIEW**
## **Reserves policy**
The trustees aim to hold reserves at a level to cover the costs of operating the charity for a period of three months plus an additional amount which is retained in case any urgent repairs are required which cannot be met from surpluses generated by its subsidiary company in the operation of the cinema. The trustees consider that the current level of funds are sufficient for this but that additional surpluses may need to be raised should we consider developing and maintaining the building and its archive assets further.
## **FUTURE PLANS**
Further to the re-opening of the building in Spring 2022, the primary focus has been to work with grant funders to complete the linked activities related programme to broaden the appeal of the cinema to the local community. The charity continues to look to run a profitable underlying cinema operation and to raise funds to support both community events and heritage initiatives linked to the building.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document**
The charity is governed by its constitution adopted on July 2017 as amended by dated 22 September 2017.
## **Recruitment and appointment of new trustees**
The charity undertook a Governance Review in 2022 via a professional business consultant and as a result appointed 4 new trustees with various different skills and experiences in terms of finance, fundraising and business and museum activities.
## **Organisational structure**
The trustees (currently 12) formally meet every two months. Day to day matters are delegated to a number of the trustees, including the three directors of the charity's subsidiary company. The directors are also trustees of the charity.
## **Related parties**
The charity undertakes the operation of the cinema through its subsidiary company, Electric Palace (Harwich) Limited
## **Risk management**
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number**
1174807
## **Principal address**
The Electric Palace Kings Quay Street Marine Parade Harwich Essex CO12 3ER
Page 2
**Harwich Electric Palace Trust**
## **Report of the Trustees for the Year Ended 31 December 2022**
## **Trustees**
C Crawford J C M Strachan D T Looser S Daish (resigned 18.10.22) A Rendell-Knights D Foster R J A Askew P Hartwell J Hewitt (appointed 18.10.22) R H Bench (appointed 20.9.22) A K Fullarton (appointed 20.9.22) D Garner (appointed 20.9.22) J Askew (appointed 1.9.22) (resigned 22.5.23)
## **Independent Examiner**
P J T Frost JTF Chartered Certified Accountants 195 Main Road Dovercourt Harwich Essex CO12 3PH
Approved by order of the board of trustees on 20 September 2023 and signed on its behalf by:
A K Fullarton - Trustee
Page 3
**Independent Examiner's Report to the Trustees of Harwich Electric Palace Trust**
## **Independent examiner's report to the trustees of Harwich Electric Palace Trust**
I report to the charity trustees on my examination of the accounts of Harwich Electric Palace Trust (the Trust) for the year ended 31 December 2022.
## **Responsibilities and basis of report**
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
P J T Frost
JTF Chartered Certified Accountants 195 Main Road Dovercourt Harwich Essex CO12 3PH
20 September 2023
Page 4
**Harwich Electric Palace Trust**
## **Statement of Financial Activities for the Year Ended 31 December 2022**
|Unrestricted
fund
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
**2,941**
**Charitable activities**
4
Preservation of the Electric Palace cinema
**-**
Other trading activities
3
**25,114**
Other income
**429**
**Total**
**28,484**
**EXPENDITURE ON**
Raising funds
5
**12,180**
**Charitable activities**
6
Preservation of the Electric Palace cinema
**24,110**
**Total**
**36,290**
**NET INCOME/(EXPENDITURE)**
**(7,806)**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**81,250**
**TOTAL FUNDS CARRIED FORWARD**
**73,444**|Restricted
funds
£
**-**
**197,483**
**-**
**-**
**197,483**
**-**
**209,931**
**209,931**
**(12,448)**
**47,264**
**34,816**|**31.12.22**
31.12.21
**Total**
Total
**funds**
funds
**£**
£
**2,941**
2,957
**197,483**
97,213
**25,114**
-
**429**
1,716
**225,967**
101,886
**12,180**
-
**234,041**
124,422
**246,221**
124,422
**(20,254)**
(22,536)
**128,514**
151,050
**108,260**
128,514|**31.12.22**
31.12.21
**Total**
Total
**funds**
funds
**£**
£
**2,941**
2,957
**197,483**
97,213
**25,114**
-
**429**
1,716
**225,967**
101,886
**12,180**
-
**234,041**
124,422
**246,221**
124,422
**(20,254)**
(22,536)
**128,514**
151,050
**108,260**
128,514|
|---|---|---|---|
|||||
||||97,213|
||||-|
||||1,716|
||||101,886|
||||-|
||||124,422|
||||124,422|
||||(22,536)|
||||151,050|
|||||
||||128,514|
The notes form part of these financial statements
Page 5
**Harwich Electric Palace Trust**
## **Balance Sheet 31 December 2022**
|Unrestricted
fund
Notes
£
**FIXED ASSETS**
Tangible assets
11
**2,915**
Investments
12
**100**
**3,015**
**CURRENT ASSETS**
Debtors
13
**42,164**
Cash at bank
**29,945**
**72,109**
**CREDITORS**
Amounts falling due within one year
14
**(1,680)**
**NET CURRENT ASSETS**
**70,429**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**73,444**
**NET ASSETS**
**73,444**
**FUNDS**
15
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|Restricted
funds
£
**-**
**-**
**-**
**-**
**34,816**
**34,816**
**-**
**34,816**
**34,816**
**34,816**|**31.12.22**
**Total**
**funds**
**£**
**2,915**
**100**
**3,015**
**42,164**
**64,761**
**106,925**
**(1,680)**
**105,245**
**108,260**
**108,260**
**73,444**
**34,816**
**108,260**|31.12.21
Total
funds
£
2,192
100|
|---|---|---|---|
||||2,292|
||||38,063
89,275|
||||127,338|
||||(1,116)
126,222
128,514|
||||128,514|
||||81,250
47,264
128,514|
The financial statements were approved by the Board of Trustees and authorised for issue on 20 September 2023 and were signed on its behalf by:
D T Looser - Trustee
A K Fullarton - Trustee
The notes form part of these financial statements
Page 6
**Harwich Electric Palace Trust**
## **Cash Flow Statement**
## **for the Year Ended 31 December 2022**
|||**31.12.22**|31.12.21|
|---|---|---|---|
||Notes|**£**|£|
|**Cash flows from operating activities**||||
|Cash generated from operations|1|**(23,706)**|20,477|
|Net cash (used in)/provided by operating activities||**(23,706)**|20,477|
|**Cash flows from investing activities**||||
|Purchase of tangible fixed assets||**(808)**|(225)|
|Net cash used in investing activities||**(808)**|(225)|
|||||
|**Change in cash and cash equivalents in**||||
|**the reporting period**||**(24,514)**|20,252|
|**Cash and cash equivalents at the**||||
|**beginning of the reporting period**||**89,275**|69,023|
|**Cash and cash equivalents at the end of**||||
|**the reporting period**||**64,761**|89,275|
|||||
The notes form part of these financial statements
Page 7
**Harwich Electric Palace Trust**
## **Notes to the Cash Flow Statement for the Year Ended 31 December 2022**
|**1.**|**RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW**|**FROM OPERATING**||
|---|---|---|---|
||**ACTIVITIES**|||
|||**31.12.22**|31.12.21|
|||**£**|£|
||**Net expenditure for the reporting period (as per the Statement of**|||
||**Financial Activities)**|**(20,254)**|(22,536)|
||**Adjustments for:**|||
||Depreciation charges|**85**|33|
||(Increase)/decrease in debtors|**(4,101)**|42,674|
||Increase in creditors|**564**|306|
||**Net cash (used in)/provided by operations**|**(23,706)**|20,477|
|||||
## **2. ANALYSIS OF CHANGES IN NET FUNDS**
||At 1.1.22|Cash flow|**At 31.12.22**|
|---|---|---|---|
||£|£|**£**|
|**Net cash**||||
|Cash at bank|**89,275**|**(24,514)**|**64,761**|
||**89,275**|**(24,514)**|**64,761**|
|**Total**|**89,275**|**(24,514)**|**64,761**|
The notes form part of these financial statements
Page 8
**Harwich Electric Palace Trust**
**Notes to the Financial Statements for the Year Ended 31 December 2022**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
## **Charitable activities**
In the opinion of the Trustees, the charity has only one activity being the preservation of the Harwich Electric Palace cinema. In addition, all fund raising activities and governance matters, with the exception of the Independent Examiner's fees are dealt with by the Trustees and other volunteers at no cost to the charity. Therefore all support costs are considered to be in relation to the preservation of the Harwich Electric Palace cinema.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Equipment - 15% on cost
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion 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 or 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.
## **Hire purchase and leasing commitments**
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
continued...
Page 9
**Harwich Electric Palace Trust**
## **Notes to the Financial Statements - continued for the Year Ended 31 December 2022**
|**2.**
**DONATIONS AND LEGACIES**
Subscriptions and donations
Gift aid
**3.**
**OTHER TRADING ACTIVITIES**
Fundraising events
Wedding income
Hire income
Membership income
Concert and show income
Advertising income
**4.**
**INCOME FROM CHARITABLE ACTIVITIES**
Activity
Grants
Preservation of the Electric Palace cinema
Grants received, included in the above, are as follows:
National Heritage Lottery Fund
Historic England
Harwich Town Council
Cause4 Heritage Compass
Grant for Education Officer
Young Film Programmers project|**31.12.22**
**£**
**2,917**
**24**
**2,941**
**31.12.22**
**£**
**318**
**1,770**
**1,420**
**3,306**
**18,200**
**100**
**25,114**
**31.12.22**
**£**
**197,483**
**31.12.22**
**£**
**141,260**
**47,546**
**-**
**-**
**2,905**
**5,772**
**197,483**||||
|---|---|---|---|---|
|||31.12.21|||
|||||£|
|||||2,897
60
2,957|
||||||
|||31.12.21|||
||||£||
||||-
-
-
-
-
-||
||||-||
||||||
|||31.12.21|||
|||£|||
|||97,213|||
||||||
|||31.12.21|||
|||£
-|||
|||75,646
17,907
3,660
-
-
97,213|||
continued...
Page 10
**Harwich Electric Palace Trust**
**Notes to the Financial Statements - continued for the Year Ended 31 December 2022**
## **5. RAISING FUNDS**
## **Fundraising events**
|
Wedding costs
Film Hire
Entertainers' fees and expenses
**6.**
**CHARITABLE ACTIVITIES COSTS**
Preservation of the Electric Palace
cinema
**7.**
**GRANTS PAYABLE**
Preservation of the Electric Palace cinema
The total grants paid to institutions during the year w
Electric Palace (Harwich) Limited
**8.**
**SUPPORT COSTS**
Preservation of the Electric Palace cinema|Direct
Costs
£
**188,800**
as as follows:
Finance
£
**61**|**31.12.22**
**£**
**2,609**
**6,256**
**3,315**
**12,180**
Grant
funding of
activities
Support
(see note
costs (see
7)
note 8)
£
£
**39,453**
**5,788**
**31.12.22**
**£**
**39,453**
**31.12.22**
**£**
**39,453**
Governance
Other
costs
£
£
**675**
**5,052**|31.12.21|31.12.21|
|---|---|---|---|---|
|||||£|
|||||-
-
-|
|||||-|
||||Totals
£
**234,041**||
||||31.12.21||
|||||£
17,671|
||||||
||||31.12.21||
|||||£
17,671|
|||||Totals
£
**5,788**|
continued...
Page 11
**Harwich Electric Palace Trust**
**Notes to the Financial Statements - continued for the Year Ended 31 December 2022**
## **9. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 December 2022 nor for the year ended 31 December 2021.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 December 2022 nor for the year ended 31 December 2021.
## **10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
|Unrestricted
fund
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2,957
**Charitable activities**
Preservation of the Electric Palace cinema
17,907
Other income
1,716
**Total**
22,580
**EXPENDITURE ON**
**Charitable activities**
Preservation of the Electric Palace cinema
92,380
**NET INCOME/(EXPENDITURE)**
(69,800)
**RECONCILIATION OF FUNDS**
Total funds brought forward
151,050
**TOTAL FUNDS CARRIED FORWARD**
81,250|Restricted
funds
£
-
79,306
-
79,306
32,042
47,264
-
47,264|Total
funds
£
2,957
97,213
1,716
101,886
124,422
(22,536)
151,050
128,514|
|---|---|---|
continued...
Page 12
**Harwich Electric Palace Trust**
## **Notes to the Financial Statements - continued for the Year Ended 31 December 2022**
## **11. TANGIBLE FIXED ASSETS**
|**11.**|**TANGIBLE FIXED ASSETS**||||
|---|---|---|---|---|
|||Freehold|||
|||property|Equipment|Totals|
|||£|£|£|
||**COST**||||
||At 1 January 2022|**2,000**|**65,965**|**67,965**|
||Additions|**-**|**808**|**808**|
||At 31 December 2022|**2,000**|**66,773**|**68,773**|
||**DEPRECIATION**||||
||At 1 January 2022|**-**|**65,773**|**65,773**|
||Charge for year|**-**|**85**|**85**|
||At 31 December 2022|**-**|**65,858**|**65,858**|
||**NET BOOK VALUE**||||
||At 31 December 2022|**2,000**|**915**|**2,915**|
||At 31 December 2021|2,000|192|2,192|
|**12.**|**FIXED ASSET INVESTMENTS**||||
|||||Shares in|
|||||group|
|||||undertakings|
|||||£|
||**MARKET VALUE**||||
||At 1 January 2022 and 31 December 2022|||**100**|
||**NET BOOK VALUE**||||
||At 31 December 2022|||**100**|
||At 31 December 2021|||100|
||There were no investment assets outside the UK.||||
|**13.**|**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**||||
||||**31.12.22**|31.12.21|
||||**£**|£|
||Funds held by subsidiary||**42,164**|38,063|
||||||
||||||
continued...
Page 13
**Harwich Electric Palace Trust**
**Notes to the Financial Statements - continued for the Year Ended 31 December 2022**
## **14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|Trade creditors
Other creditors
**15.**
**MOVEMENT IN FUNDS**
**Unrestricted funds**
General fund
**Restricted funds**
Refurbishment project
William Freize Green Project
Cause4 Heritage Compass
**TOTAL FUNDS**
Net movement in funds, included in the above are as follows:
**Unrestricted funds**
General fund
**Restricted funds**
Refurbishment project
William Freize Green Project
Cause4 Heritage Compass
Grant Education Officer
Young Film Programmers Project
**TOTAL FUNDS**|At 1.1.22
£
**81,250**
**45,100**
**304**
**1,860**
**47,264**
**128,514**
Incoming
resources
£
**28,484**
**188,806**
**-**
**-**
**2,905**
**5,772**
**197,483**
**225,967**|**31.12.22**
31.12.21
**£**
£
**-**
408
**1,680**
708
**1,680**
1,116
Net
movement
At
in funds
31.12.22
£
£
**(7,806)**
**73,444**
**(10,284)**
**34,816**
**(304)**
**-**
**(1,860)**
**-**
**(12,448)**
**34,816**
**(20,254)**
**108,260**
Resources
Movement
expended
in funds
£
£
**(36,290)**
**(7,806)**
**(199,090)**
**(10,284)**
**(304)**
**(304)**
**(1,860)**
**(1,860)**
**(2,905)**
**-**
**(5,772)**
**-**
**(209,931)**
**(12,448)**
**(246,221)**
**(20,254)**|31.12.21
£|31.12.21
£|
|---|---|---|---|---|
|||||408|
|||||708
1,116|
continued...
Page 14
**Harwich Electric Palace Trust**
**Notes to the Financial Statements - continued for the Year Ended 31 December 2022**
## **15. MOVEMENT IN FUNDS - continued**
**Comparatives for movement in funds**
|**Unrestricted funds**
General fund
**Restricted funds**
Refurbishment project
William Freize Green Project
Cause4 Heritage Compass
**TOTAL FUNDS**|At 1.1.21
£
151,050
-
-
-
-
151,050|Net
movement
in funds
£
(69,800)
45,100
304
1,860
47,264
(22,536)|At
31.12.21
£
81,250
45,100
304
1,860|
|---|---|---|---|
||||47,264|
||||128,514|
Comparative net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
Refurbishment project
William Freize Green Project
Cause4 Heritage Compass
**TOTAL FUNDS**|Incoming
resources
£
22,580
75,646
1,800
1,860
79,306
101,886|Resources
Movement
expended
in funds
£
£
(92,380)
(69,800)
(30,546)
45,100
(1,496)
304
-
1,860
(32,042)
47,264
(124,422)
(22,536)|Resources
Movement
expended
in funds
£
£
(92,380)
(69,800)
(30,546)
45,100
(1,496)
304
-
1,860
(32,042)
47,264
(124,422)
(22,536)|
|---|---|---|---|
||||47,264|
||||(22,536)|
## **16. RELATED PARTY DISCLOSURES**
The charity is provided with administration services by its subsidiary company. The amount charged in the year was in the sum of £7,200 (2021: £6,000).
Due to the refurbishment work undertaken in the previous year, the subsidiary company was not able to operate as a cinema and therefore the annual licence fee was waived by the charity for both 2022 and 2021.
Page 15
**Harwich Electric Palace Trust**
## **Detailed Statement of Financial Activities for the Year Ended 31 December 2022**
||31.12.22|31.12.21|
|---|---|---|
||£|£|
|**INCOME AND ENDOWMENTS**|||
|**Donations and legacies**|||
|Subscriptions and donations|**2,917**|2,897|
|Gift aid|**24**|60|
||**2,941**|2,957|
|**Other trading activities**|||
|Fundraising events|**318**|-|
|Wedding income|**1,770**|-|
|Hire income|**1,420**|-|
|Membership income|**3,306**|-|
|Concert and show income|**18,200**|-|
|Advertising income|**100**|-|
||**25,114**|-|
|**Charitable activities**|||
|Grants|**197,483**|97,213|
|**Other income**|||
|Storage re-charge|**429**|1,716|
|**Total incoming resources**|**225,967**|101,886|
|**EXPENDITURE**|||
|**Fundraising events**|||
|Wedding costs|**2,609**|-|
|Film Hire|**6,256**|-|
|Entertainers' fees and expenses|**3,315**|-|
||**12,180**|-|
|**Charitable activities**|||
|Other operating leases|**3,552**|2,860|
|Licences and insurance|**8,216**|7,541|
|Postage and stationery|**267**|-|
|Advertising|**2,372**|-|
|Sundries|**52**|154|
|Repairs|**162,386**|52,204|
|Fire protection|**-**|643|
|Administration fees|**7,200**|6,000|
|Consultancy|**-**|112|
|Carried forward|**184,045**|69,514|
This page does not form part of the statutory financial statements
Page 16
**Harwich Electric Palace Trust**
## **Detailed Statement of Financial Activities for the Year Ended 31 December 2022**
||31.12.22|31.12.21|
|---|---|---|
||£|£|
|**Charitable activities**|||
|Brought forward|**184,045**|69,514|
|Contribution to Electric Palace (Harwich)|||
|Limited|**-**|35,000|
|William Freize-Green Project expenses|**-**|1,496|
|Young film project costs|**4,670**|-|
|Plant and machinery|**85**|33|
|Grants to institutions|**39,453**|17,671|
||**228,253**|123,714|
|**Support costs**|||
|**Finance**|||
|Bank charges|**61**|-|
|**Other**|||
|Sundries|**675**|-|
|**Governance costs**|||
|Accountancy and legal fees|**5,052**|708|
|Total resources expended|**246,221**|124,422|
|**Net expenditure**|**(20,254)**|(22,536)|
||||
This page does not form part of the statutory financial statements
Page 17