The Battersby Hall Charity Financial Statements 31 December 2024 Charity Number 1177023 Keswick ACCOUNTANTS
The Battersby Hall Charity
Index to the Financial Statements for the year ended 31 December 2024
| Page | |||
|---|---|---|---|
| Charity Information | 1 | ||
| Trustees' Report | 2 | - | 3 |
| Independent Examiner's Report | 4 | ||
| Statement of Financial Activities | 5 | ||
| Balance Sheet | 6 | ||
| Notes to the Financial Statements | 7 | - | 10 |
The Battersby Hall Charity
Charity Information for the year ended 31 December 2024
Charity Number
1177023
Board of Trustees Rev'd C Hope (ex Officio) Mr G Page (St John's PCC) Mr J Hayes (Keswick Rotary) Mrs B Mumford (St John's PCC) Mr S Harwood (Keswick Town Council) Mr N Hale (Keswick Lions)
Independent Examiner
Bankers
Frances Clark Keswick Accountants 4 Leonard Street Keswick CA12 4EJ NatWest 24 Devonshire Street Penrith CA11 7ST Barclays 51 Moseley Street Manchester M60 2AU
Page 1
The Battersby Hall Charity
Trustees Annual Report for the year ended 31 December 2024
The trustees present their report and the unaudited financial statements of the charity for the year ended 31 December 2024.
Legal Status
The Battersby Hall is a Charitable Incorporated Organisation (CIO).
Organisation
There are no paid members of staff. The trust is administered entirely by the Trustees.
Structure, Governance and Management Governing Document
The Governing document is the constitution of the CIO dated 6 February 2018.
Appointment of Trustees (Executive Committee)
The vicar of the Parish of Keswick St. John is an ex-officio trustee. The other five trustees are appointed as follows - two by St. John's PCC and one each by Keswick Town Council, Keswick Lions and Keswick Rotary.
The Trustees who served during the year were:Rev'd C Hope (ex Officio) Mr G Page (St John's PCC) Mr J Hayes (Keswick Rotary) Mrs B Mumford (St John's PCC) Mr S Harwood (Keswick Town Council) Mr N Hale (Keswick Lions)
Risk Assessment
The Trustees have examined the major strategic, business and operational risks which the charity faces and confirms that systems have been established to enable regular reports to be produced so that the necessary steps can be taken to lessen these risks.
Investment Policy
The trustees have the power to invest in such assets as they see fit. The Battersby Hall Charity seeks to produce the best level of financial return within an acceptable level of risk. Its overall objective is to create sufficient income and capital growth to enable the charity to carry out its purposes consistently year by year with due and proper consideration for future needs and the maintenance of, and if possible, enhancement of the value of its property assets and the invested funds while they are retained.
Both capital and income may be used at any time for the furtherance of the charity’s aims if formally approved by the trustees.
The performance of investments in funds will be reviewed annually and where possible compared against industry benchmarks.
Sufficient cash assets to fund known expenditure for the next six months will be held in an easy access interest bearing account with an approved UK financial institution
Page 2
The Battersby Hall Charity
Report of the Trustees, contd. for the year ended31 December 2024
Objectives and Activities
Summary of the objects as set out in the governing document: -
a. The provision and maintenance of a building for the education and use of the inhabitants of the Keswick area without distinction of political, religious or other opinions and
b. The provision of meetings, lectures and classes and for other forms of education , recreation and leisure-time occupation with the object of improving the conditions of life for the said inhabitants without distinction of political, religious or other opinions
Summary of main activities in relation to these objects
The charity continues to own and maintain the Keswick Moot Hall which is a Grade 2* listed building. The Moot Hall is in a good state of repair and should remain an asset to the Trust for many years to come. Throughout the year, the building continued to be used to disseminate information and it can now also be used for other appropriate educational purposes.
The Trust has fulfilled its wider objectives by supporting students undertaking further education courses in local colleges while continuing to give educational support to those especially affected by inflationary pressures.
Achievements and Performance
The sitting tenant (until 2026) continues to use the hall for the purposes which are within the broad objectives of the trust. The rent paid by the tenant contributes to the maintenance of the hall.
In 2024 the Battersby Hall Charity using its powers under clause 4.6 of the constitution made local education grants totalling £25,868. This included education support grants to 108 local families benefitting children towards their general education costs (school uniform etc). In addition 8 school leavers not going into the sixth form were awarded grants towards their travel and other costs while undertaking courses in Cumbrian colleges and training facilities. In the academic year 2024/25 to-date 112 children have benefitted with their general education costs and 8 school leavers have also been helped.
Grants were also awarded to Bassenthwaite Primary School, Keswick Secondary School, Keswick Lecture Society, Keswick Senior Citizens Club and the Keswick Training Band.
Insurance Claim
In November 2022 a storm damaged the weathervane and the roof on the Keswick Moot Hall. The costs to make the building safe were covered by an insurance claim that was included in the financial statements for the year ended 31 December 2022. The complex repairs were only completed in 2024. The claim was finally agreed by the insurance company in December 2024.
Policy on reserves
The trust aims to maintain reserves in suitable notice accounts to fulfil all foreseeable requirements to maintain the hall in a safe and usable state.
Signed by order of the Trustees Rev'd Charles Hope - Chair
Date: 21 July 2025
Page 3
The Battersby Hall Charity
Independent Examiners Report
for the year ended 31 December 2024
I report on the accounts for the Trust for the year ended 31 December 2024 which are set out on pages 5 - 10.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year, under section 144(2) of the Charities Act 2011 (the 2011 Act), and that an independent examiners report is needed. It is my responsibility to:
-
examine the accounts under section 145 of the 2011 Act;
-
to follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
-
to state whether particular matters have come to my attention.
Basis of independent examiners report
My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of accounting records kept by the charity and a comparison of the accounts presented with these records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The proceedures undertaken do not provide all the evidence that would be required in an audit and, consequently, I do not express an audit opinion on the view given by the accounts.
Independent examiners' statement
In connection with my examination, no matter has come to my attention:
(1) which gives me reasonable cause to believe that, in any material respect, the requirements to:
-
keep accounting records in accordance with s130 of the 2011 Act; and
-
to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act
have not been met;
or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Frances Clark FCA CTA Appleside 4 Leonard Street Keswick Cumbria CA12 4EJ
Page 4
The Battersby Hall Charity
| Statement of Financial Activities for the year ended 31 December 2024 Notes INCOMING RESOURCES Incoming resources from generated funds Investment income 2 Incoming resources from charitable activities Income from charitable activities 3 Total incoming resources RESOURCES EXPENDED Charitable activities Grants payable 4 Property costs 5 Governance costs 6 Total expenditure Net incoming / (outgoing) resources Unrealised (loss) / gain on revaluation of investments Net movement in funds Total funds brought forward Total funds carried forward 12 |
31 December 2023 Un-restricted Restricted Total Total £ £ £ £ 13,713 - 13,713 14,562 61,818 - 61,818 12,750 75,531 - 75,531 27,312 25,868 - 25,868 24,158 47,543 - 47,543 27,507 - - - - 73,411 - 73,411 51,665 2,120 - 2,120 (24,353) 18,910 - 18,910 49,401 21,030 - 21,030 25,048 806,429 - 806,429 781,381 827,459 - 827,459 806,429 31 December 2024 |
|---|---|
The notes form part of these financial statements
Page 5
The Battersby Hall Charity
| Balance Sheet as at 31 December 2024 Notes 31 December 2024 £ £ Fixed Assets Tangible fixed assets 8 255,000 Investments 9 505,551 Current Assets Debtors 10 49,451 Cash at bank and in hand 20,644 70,095 Creditors: amounts falling due within one year Creditors and accruals 11 3,187 Net Current Assets 66,908 Total Assets less Current Liabilities 827,459 Creditors: amounts falling due in more than one year - NET ASSETS 827,459 Funds Restricted funds 12 - Unrestricted funds 827,459 12 827,459 |
31 December 2023 £ £ 255,000 491,641 1,365 68,355 69,720 9,932 59,788 806,429 - 806,429 - 806,429 806,429 |
|---|---|
Approved by the trustees and signed on their behalf
Rev'd Charles Hope - Chair Date: 21 July 2025
The notes form part of these financial statements
Page 6
The Battersby Hall Charity
Notes to the Financial Statements for the year ended 31 December 2024
- 1 Accounting Policies
General
These accounts have been prepared under the historical cost convention and in accordance with applicable accounting standards, including the accruals concept, the Charities SORP 2005 (Statement of Recommended Practice), and the Charities Act 2011.
Property
Property owned by the Trust is included on the balance sheet at cost.
Investments
The Trust recognised unrealised gains and losses on invesments with reference to the movement in value of the investments from one year to the next.
Income
Income received is made up of rent paid by tenants. This is recognised on an accrual basis and included in the accounts when it becomes payable.
Expenditure
Expenditure is accounted for on an accruals basis. Where it relates to a specific project it is allocated to that project as restricted expenditure. Expenditure that relates to the objects of the charity is classified as charitable activities. Any legal or professional costs are classified as governance costs. The costs of generating funds are separately indentified.
Funds
General funds are those where no restrictions have been placed upon the specific spending of the funds by the donor. Designated funds are those funds where the trustess have chosen to earmark general funds for a specfic purpose. Restricted funds are those funds where the donation is received for a specific purpose as set out by the donor, and when the trustees wish to separate out a project for clarity in the accounts.
Page 7
The Battersby Hall Charity
Notes to the Financial Statements for the year ended 31 December 2024
| 2 Investment income Bank interest received Dividends received 3 Income from charitable activities Moot Hall rent Insurance claim 4 Grants payable Educational Support grants 5 Property Costs Insurance Premises repairs Computer and stationery Bank charges 6 Governance Costs Legal costs |
1 December 2023 Unrestricted Restricted Total £ £ £ £ 808 - 808 1,816 12,905 - 12,905 12,746 13,713 - 13,713 14,562 12,750 - 12,750 12,750 49,068 - 49,068 - 61,818 - 61,818 12,750 25,868 - 25,868 24,158 25,868 - 25,868 24,158 6,659 - 6,659 6,377 40,706 - 40,706 20,936 71 - 71 69 107 - 107 125 47,543 - 47,543 27,507 - - - - - - - - 31 December 2024 |
|---|---|
7 Trustee Remuneration and Expenses
No remuneration directly or indirectly out of the funds of the charity was paid or payable for the year to any trustee or to any person or persons known to be connected with any of them.
No reimbursement of expenses has been made or is due to be made to any of the trustees in respect of the year.
Page 8
The Battersby Hall Charity
Notes to the Financial Statements for the year ended 31 December 2024
8 Tangible Fixed Assets
| Property | TOTAL | |||
|---|---|---|---|---|
| COST | £ | £ | ||
| At 1 January 2024 |
255,000 | 255,000 | ||
| Additions | - | - | ||
| At 31 December 2024 |
255,000 | 255,000 | ||
| DEPRECIATION | ||||
| At 1 January 2024 |
- | - | ||
| Charge for year | - | - | ||
| At 31 December 2024 |
- | - | ||
| NET BOOK VALUE | ||||
| At 31 December 2024 | 255,000 | 255,000 | ||
| At 31 December 2023 | 255,000 | 255,000 | ||
| 9 | Investments | £ | ||
| At 1 January 2024 |
491,641 | |||
| Disposals | (5,000) | |||
| Additions | - | |||
| Increase/(decrease) in value of investments | 18,910 | |||
| At 31 December 2024 |
505,551 | |||
| 10 | Debtors | 31 December 2024 | 31 December 2023 | |
| VAT | £ 383 |
£ 1,365 |
||
| Other debtors | 49,068 | - | ||
| 49,451 | 1,365 | |||
| 11 | Creditors: amounts falling due within one | year | ||
| Trade creditors | 31 December 2024 £ - |
31 December 2023 £ 6,745 |
||
| Deferred income | 3,187 | 3,187 | ||
| Accruals | - | - | ||
| 3,187 | 9,932 |
Page 9
The Battersby Hall Charity
Notes to the Financial Statements for the year ended 31 December 2024
| 12 Net Assets by fund Tangible fixed assets Investments Current assets Creditors: amounts falling due within one year Total net assets |
Restricted Unrestricted Total £ £ £ - 255,000 255,000 - 505,551 505,551 - 70,095 70,095 - (3,187) (3,187) - 827,459 827,459 |
|---|---|
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