REGISTERED CHARITY NUMBER: 1179244
Report of the Trustees and
Unaudited Financial Statements
for the Year Ended 31 December 2024
for
HOLLAND HOUSE CIO
Clifton-Crick Sharp & Co. Ltd Chartered Accountants 40 High Street Pershore Worcestershire WR10 1DP
HOLLAND HOUSE CIO
Contents of the Financial Statements FOR THE YEAR ENDED 31 DECEMBER 2024
| Page | |
|---|---|
| Report of the Trustees | 1to3 |
| 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 | 9to 16 |
| Detailed Statement of Financial Activities | 17to 18 |
HOLLAND HOUSE CIO
Report of the Trustees FOR THE YEAR ENDED 31 DECEMBER 2024
The trustees present their report with the financial statements of the charity for the year ended 31 December 2024. 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 Objects of the Charity are:
The promotion of Christian education by the management of Holland House, Cropthorne as a Christian centre and place for individuals and groups to visit to develop their spirituality by means of retreats and conferences.
Public benefit: Achievement & performance
2024 has been another positive year for Holland House, as we continue to welcome a wide range of visitors – some coming with their own programmes, some joining the events we ourselves planned, some coming as individuals to step into the gentle atmosphere that this place offers.
During the year we welcomed 1,638 residential guests who between them stayed for 3,867 nights (up from 3,688 in 2023) and 1,523 day visitors (up from 1,143 in 2023). Though our Afternoon Teas are much appreciated, we were content to provide fewer this year (240, as opposed to 449) since the demands on staff were deemed to be disproportionate relative to the income gained.
The rhythm of Christian worship in the Chapel has been maintained through the year. 35% of residential guests and 44% of day visits were from diocesan or other church bookings. Our Warden, Helen Stanton, has not only offered group retreats and given time to individuals seeking spiritual accompaniment, but has been an effective ambassador to a range of churches and organisations. Notable was her leading of the retreat for Worcester ordinands and then preaching in the cathedral for their ordination service. In this mix also has been the Quiet Garden Days organised by the Friends of Holland House, who continue to give great value with their funding, volunteering, and general support.
The remaining bookings have been from a welcome variety of faiths, philosophies and interests. One noticeable category of hirers has been musicians, who have discovered that Holland House is an ideal setting for practice and performance together. We are gratified that this Christian Retreat House and Conference Centre, pledging to do all “In Harmony with Creation”, has an appeal across the religious spectrum and way beyond.
Trustees at our meetings have regularly monitored finances, staffing requirements and the level of bookings. We are concerned to keep our events affordable, and our Bursary scheme is in place to give help to those who need it. Finances are healthy, although there will be considerable expenditure required on our buildings.
For the first time the Board was strengthened by the co-option of a seventh Trustee, as allowed by our Constitution. New professional advisers were engaged in 2024 for HR, legal advice, payroll and buildings management. Policies have been updated and some staff responsibilities have been redistributed. Our staff, supported by volunteers, have been superb with their commitment, their adaptability, and the delivery of efficient and caring hospitality, leading to many appreciative comments through the year from guests.
We look forward with confidence to developing our work further in 2025, and making yet more people aware of what Holland House has to offer.
Page 1
HOLLAND HOUSE CIO
Report of the Trustees FOR THE YEAR ENDED 31 DECEMBER 2024
FINANCIAL REVIEW
Financial position
During the year income exceeded expenditure by £69,335 (2023 - income exceeded expenditure by £55,810) Interest received in the period amounted to £14,699 (2023 - £7,439).
At 31 December 2024, Unrestricted funds amounted to £341,188 (2023 - £210,969), including Designated Funds of £63,440 (2023 - £59,386). Restricted funds amounted to £16,811 (2023 - £21,885). Total resources were £357,999 (2023 - £288,664).
Principal funding sources
The Charity is primarily dependent on guests visiting the house for its funding
Investment policy and objectives
The Trustees consider that the Charity's funds should be maintained in the form of cash deposits that are readily available to meet unexpected expenditure either on repairs or to meet running costs in the event of a poor operating year. In line with this policy no stock market related investments are now held by the Charity.
Reserves policy
It is the policy of the Charity to maintain sufficient reserves within its unrestricted funds to cover around six months expenditure. It is the Trustees aim to reach this level of reserves over the period to end December 2026.
Principal risks and uncertainties
The Trustees have assessed the major strategic, business and operational risks to which the Charity is exposed, and confirm that systems have been established to enable regular reports to be produced so that the necessary steps can be taken to lessen these risks.
FUTURE PLANS
The Charity has successfully re-established its position following the Covid pandemic. In 2025 it plans to adopt a more rigorous property maintenance plan, and will revisit its Vision Statement and Business Plan.
Page 2
HOLLAND HOUSE CIO
Report of the Trustees FOR THE YEAR ENDED 31 DECEMBER 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT
Holland House CIO (the "Charity") was established on 18 July 2018, and on 18 September 2019 replaced the Registered Charity, Holland House (No. 504839) which was established on 19 December 1975. The Charity manages the building and operations of Holland House, Cropthorne which was bequeathed to Diocese of Worcester following the death of Lady Holland in 1946.
The Charity is governed by a board of seven trustees, one nominated by the Bishop of Worcester, two nominated by Worcester Diocesan Synod, three nominated by the Friends of Holland House, and currently one co-opted.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
1179244
Principal address
Main Street Cropthorne Pershore Worcestershire WR10 3NB
Trustees
(normally appointed for a three-year term)
Bishop’s nominee Mr Paul West Re-appointed 21st January 2024 Diocesan Synod nominees Mr Derek Valentine Re-appointed 1[st] April 2024 Hon. Treasurer The Ven. Robert Jones Appointed 4[th] November 2024 Friends of Holland House nominees The Revd Alma Organ Re-appointed 21[st] January 2024 Mrs Sue Perry Appointed 21[st] January 2023 for 2-year term The Ven. Hayward Osborne Appointed 21[st] January 2023 Chair from 1[st] January 2024 Co-opted The Revd Rachel Hextall Appointed 21[st] August 2024
Honorary Clerk to the Trustees: Mrs Jo Rammell.
Independent Examiner
Clifton-Crick Sharp & Co. Ltd Chartered Accountants 40 High Street Pershore Worcestershire WR10 1DP
Approved by order of the board of trustees on 21[st] May 2025 and signed on its behalf by:
........................................................................ H Osborne - Trustee
Page 3
Independent Examiner's Report to the Trustees of Holland House CIO
Independent examiner's report to the trustees of Holland House CIO
I report to the charity trustees on my examination of the accounts of Holland House CIO (the Trust) for the year ended 31 December 2024.
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
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
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:
-
accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
-
the accounts do not accord with those records; or
-
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.
Meinir Bird ACA
Clifton-Crick Sharp & Co. Ltd Chartered Accountants 40 High Street Pershore Worcestershire WR10 1DP
Date: ..
Page 4
HOLLAND HOUSE CIO
Statement of Financial Activities FOR THE YEAR ENDED 31 DECEMBER 2024
| INCOME AND ENDOWMENTS FROM Notes Donations and legacies 2 Charitable activities Charitable activities 5 Other trading activities 3 Investment income 4 Other income Total EXPENDITURE ON Charitable activities 6 Charitable activities Other Total NET INCOME/(EXPENDITURE) Transfers between funds 14 Net movement in funds RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
Unrestricted Restricted 31.12.24 Total 31.12.23 Total funds £ funds £ funds £ funds £ 12,887 6,182 19,069 10,932 555,220 (2,153) 553,067 507,985 37,819 25 37,844 31,281 14,699 - 14,699 7,439 263 - 263 - |
|---|---|
| 620,888 4,054 624,942 557,637 |
|
| 535,358 6,953 542,311 468,500 13,296 - 13,296 33,327 |
|
| 548,654 6,953 555,607 501,827 |
|
| 72,234 (2,899 ) 69,335 55,810 (10,000 ) 10,000 - - |
|
| 62,234 7,101 69,335 55,810 278,954 9,710 288,664 232,854 |
|
| 341,188 16,811 357,999 288,664 |
The notes form part of these financial statements
Page 5
HOLLAND HOUSE CIO
Balance Sheet 31 DECEMBER 2024
| Notes FIXED ASSETS Tangible assets 10 CURRENT ASSETS Stocks 11 Debtors 12 Cash at bank and in hand CREDITORS Amounts falling due within one year 13 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS 14 Unrestricted funds Restricted funds TOTAL FUNDS |
Unrestricted Restricted funds £ funds £ 2,400 - 9,898 - 1,247 - 414,227 16,811 |
Unrestricted Restricted funds £ funds £ 2,400 - 9,898 - 1,247 - 414,227 16,811 |
31.12.24 Total funds £ 2,400 9,898 1,247 431,038 |
31.12.23 Total funds £ 4,866 4,775 8,100 324,138 |
|---|---|---|---|---|
| 425,372 16,811 (86,584) - |
442,183 (86,584) |
337,013 (53,215) |
||
| 338,788 16,811 |
355,599 | 283,798 | ||
| 341,188 16,811 |
357,999 | 288,664 | ||
| 341,188 16,811 |
357,999 | 288,664 | ||
| 341,188 16,811 |
278,954 9,710 |
|||
| 357,999 | 288,664 |
The financial statements were approved by the Board of Trustees and authorised for issue on 21[st] May 2025 and were signed on its behalf by:
............................................. H Osborne - Trustee
............................................. D Valentine - Trustee
The notes form part of these financial statements
Page 6
HOLLAND HOUSE CIO
Cash Flow Statement FOR THE YEAR ENDED 31 DECEMBER 2024
| Cash Flow Statement FOR THE YEAR ENDED 31 DECEMBER 2024 |
||
|---|---|---|
| Notes Cash flows from operating activities Cash generated from operations 1 Net cash provided by operating activities Cash flows from investing activities Purchase of tangible fixed assets Net cash provided by/(used in) investing activities Change in cash and cash equivalents in the reporting period Cash and cash equivalents at the beginning of the reporting period Cash and cash equivalents at the end of the reporting period |
31.12.24 £ 106,900 106,900 - - 106,900 324,138 431,038 |
31.12.23 £ 27,750 |
| 27,750 | ||
| (2,078) | ||
| (2,078) | ||
| 25,672 298,466 |
||
| 324,138 |
The notes form part of these financial statements
Page 7
HOLLAND HOUSE CIO
Notes to the Cash Flow Statement FOR THE YEAR ENDED 31 DECEMBER 2024
1. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
| Net income for the reporting period (as per the Statement of Financial Activities) Adjustments for: Depreciation charges (Increase)/decrease in stocks Decrease/(increase) in debtors Increase/(decrease) in creditors Net cash provided by operations |
31.12.24 £ 69,335 2,466 (5,123) 6,853 33,369 106,900 |
31.12.23 £ 55,810 2,041 2,958 (6,077) (26,982) |
|---|---|---|
| 27,750 |
2.
ANALYSIS OF CHANGES IN NET FUNDS
| Net cash Cash at bank and in hand Total |
At 1.1.24 £ Cash flow £ At 31.12.24 £ 324,138 106,900 431,038 324,138 106,900 431,038 324,138 106,900 431,038 |
|---|---|
The notes form part of these financial statements
Page 8
HOLLAND HOUSE CIO
Notes to the Financial Statements FOR THE YEAR ENDED 31 DECEMBER 2024
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.
The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the Charities Act 2011 and "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)" (as amended for accounting periods commencing from 1 January 2019)
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.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on cost Fixtures and fittings - 25% on cost
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
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.
Pension costs and other post-retirement benefits
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
continued...
Page 9
HOLLAND HOUSE CIO
Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 DECEMBER 2024
1. ACCOUNTING POLICIES - continued
Reserves policy
It is the policy of the Charity to maintain sufficient reserves within its unrestricted funds to cover around six months expenditure. It is the Trustees aim to reach this level of reserves over the period to end December 2026.
2. DONATIONS AND LEGACIES
| 2. DONATIONS AND LEGACIES |
||||||
|---|---|---|---|---|---|---|
| Donations Gift aid Grants Grants received, included in the above, are as Other grants 3. OTHER TRADING ACTIVITIES Fundraising events Restaurant Bar sales Gift shop 4. INVESTMENT INCOME Interest received |
Unrestricted funds £ 12,888 Restricted funds £ 2,495 - - (1) 3,687 |
31.12.24 31.12.23 Total funds £ 15,383 Total funds £ 7,055 - 732 3,686 3,145 |
||||
| 12,887 | 6,182 | 19,069 | 10,932 | |||
| follows: Unrestricted funds £ 259 Restricted funds £ - 14,089 - 11,096 25 12,375 - |
31.12.24 £ 3,686 31.12.23 £ 3,145 |
|||||
| 31.12.24 31.12.23 Total funds £ 259 Total funds £ - 14,089 7,608 11,121 11,552 12,375 12,121 |
||||||
| 37,819 25 |
37,844 | 31,281 | ||||
| Unrestricted funds £ 14,699 Restricted funds £ - |
31.12.24 31.12.23 Total funds £ 14,699 Total funds £ 7,439 |
continued...
Page 10
HOLLAND HOUSE CIO
Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 DECEMBER 2024
5. INCOME FROM CHARITABLE ACTIVITIES
| Activity Residential Visitors Charitable activities Day Visitors Charitable activities Room Hire Charitable activities 6. CHARITABLE ACTIVITIES COSTS Charitable activities |
31.12.24 £ 500,220 50,382 2,465 553,067 |
31.12.23 £ 451,414 48,781 7,790 507,985 Direct Costs £ 542,311 |
|---|---|---|
7. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 December 2024 nor for the year ended 31 December 2023.
Trustees' expenses
| Trustees' expenses 8. STAFF COSTS Wages and salaries Social security costs Other pension costs The average monthly number of employees during the year was as follows: Admin & catering staff No employees received emoluments in excess of £60,000. |
31.12.24 £ 355 31.12.24 £ 282,579 9,948 9,892 302,419 31.12.24 22 |
31.12.23 £ 340 31.12.23 £ 228,248 (2,614) 19,831 245,465 31.12.23 19 |
|---|---|---|
continued...
Page 11
HOLLAND HOUSE CIO
Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 DECEMBER 2024
| 9. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted funds £ INCOME AND ENDOWMENTS FROM Donations and legacies 2,554 Charitable activities Charitable activities 507,985 Other trading activities 31,281 Investment income 7,439 Total 549,259 EXPENDITURE ON Charitable activities Charitable activities 447,947 Other 33,327 Total 481,274 NET INCOME/(EXPENDITURE) 67,985 RECONCILIATION OF FUNDS Total funds brought forward 210,969 TOTAL FUNDS CARRIED FORWARD 278,954 10. TANGIBLE FIXED ASSETS Plant and machinery £ COST At 1 January 2024 and 31 December 2024 31,690 DEPRECIATION At 1 January 2024 29,442 Charge for year 1,048 At 31 December 2024 30,490 NET BOOK VALUE At 31 December 2024 1,200 At 31 December 2023 2,248 |
Restricted funds £ 8,378 - - - |
Total funds £ 10,932 507,985 31,281 7,439 |
|---|---|---|
| 8,378 | 557,637 | |
| 20,553 - |
468,500 33,327 |
|
| 20,553 | 501,827 | |
| (12,175 ) 21,885 |
55,810 232,854 |
|
| 9,710 | 288,664 | |
| Fixtures and fittings £ 69,042 |
Totals £ 100,732 |
|
| 66,424 1,418 |
95,866 2,466 |
|
| 67,842 | 98,332 | |
| 1,200 | 2,400 | |
| 2,618 | 4,866 |
continued...
Page 12
HOLLAND HOUSE CIO
Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 DECEMBER 2024
| Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 DECEMBER 2024 |
Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 DECEMBER 2024 |
Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 DECEMBER 2024 |
|||
|---|---|---|---|---|---|
| 11. STOCKS Food & Catering Heating Fuel Bar Goods for Re-sale 12. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade debtors 13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Payments on account Trade creditors Taxation and social security Other creditors 14. MOVEMENT IN FUNDS Net movement At 1.1.24 in funds £ £ Unrestricted funds General fund 220,396 87,352 Fabric fund 58,558 (15,118) 278,954 72,234 Restricted funds Donations 652 (39) Prayer Hut 545 - General Garden 168 (168) Ashe Legacy 700 - The Den 2,510 (2,019) Friends of Holland House 3,135 (1,103) Abberton Spire Fund (Chapel) 2,000 (570) Lady Peel Legacy Trust - 1,000 9,710 (2,899) TOTAL FUNDS 288,664 69,335 |
31.12.24 31.12.23 £ £ 2,995 1,213 500 1,000 1,912 1,062 4,491 1,500 |
||||
| 9,898 | 4,775 | ||||
| 31.12.24 31.12.23 £ £ 1,247 8,100 |
|||||
| 31.12.24 31.12.23 £ £ 73,627 60,930 2,757 6,531 7,229 (19,826) 2,971 5,580 |
|||||
| 86,584 53,215 |
|||||
| Transfers between At funds 31.12.24 £ £ (30,000) 277,748 20,000 63,440 |
|||||
| 278,954 | 72,234 | (10,000) 341,188 |
|||
| 652 545 168 700 2,510 3,135 2,000 - 9,710 288,664 |
(39) - (168) - (2,019) (1,103) (570) 1,000 (2,899) 69,335 |
- 613 - 545 - - - 700 - 491 10,000 12,032 - 1,430 - 1,000 10,000 16,811 - 357,999 |
continued...
Page 13
HOLLAND HOUSE CIO
Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 DECEMBER 2024
14. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Fabric fund Restricted funds Donations General Garden The Den Friends of Holland House Abberton Spire Fund (Chapel) Lady Peel Legacy Trust TOTAL FUNDS |
Incoming resources £ Resources expended £ Movement in funds £ 620,888 (533,536) 87,352 - (15,118) (15,118) |
|---|---|
| 620,888 (548,654) 72,234 |
|
| 350 (389) (39) - (168) (168) - (2,019) (2,019) 2,704 (3,807) (1,103) - (570) (570) 1,000 - 1,000 |
|
| 4,054 (6,953) (2,899) |
|
| 624,942 (555,607) 69,335 |
Comparatives for movement in funds
| Comparatives for movement in funds | |
|---|---|
| Unrestricted funds General fund Fabric fund Restricted funds Donations Prayer Hut General Garden Ashe Legacy The Den IT Friends of Holland House Abberton Spire Fund (Chapel) Bathrooms TOTAL FUNDS |
Net movement Transfers between At At 1.1.23 £ in funds £ funds £ 31.12.23 £ 151,583 80,813 (12,000) 220,396 59,386 (12,828) 12,000 58,558 |
| 210,969 67,985 - 278,954 |
|
| 142 510 - 652 545 - - 545 1,848 (1,680) - 168 700 - - 700 2,510 - - 2,510 100 (100) - - 40 3,095 - 3,135 2,000 - - 2,000 14,000 (14,000) - - |
|
| 21,885 (12,175) - 9,710 |
|
| 232,854 55,810 - 288,664 |
continued...
Page 14
HOLLAND HOUSE CIO
Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 DECEMBER 2024
14. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Fabric fund Restricted funds Donations General Garden IT Friends of Holland House Bathrooms Advertising TOTAL FUNDS |
Incoming resources Resources expended Movement in funds £ £ £ 549,259 (468,446) 80,813 - (12,828) (12,828) |
|---|---|
| 549,259 (481,274) 67,985 4,933 (4,423) 510 - (1,680) (1,680) - (100) (100) 3,145 (50) 3,095 - (14,000) (14,000) 300 (300) - 8,378 (20,553) (12,175) 557,637 (501,827) 55,810 |
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund Fabric fund Restricted funds Donations Prayer Hut General Garden Ashe Legacy The Den IT Friends of Holland House Abberton Spire Fund (Chapel) Bathrooms Lady Peel Legacy Trust TOTAL FUNDS |
At 1.1.23 £ 151,583 59,386 |
Net movement in funds £ 168,165 (27,946) |
Transfers between funds £ (42,000) 32,000 |
At 31.12.24 £ 277,748 63,440 |
|---|---|---|---|---|
| 210,969 | 140,219 | (10,000) | 341,188 | |
| 142 545 1,848 700 2,510 100 40 2,000 14,000 - |
471 - (1,848) - (2,019) (100) 1,992 (570) (14,000) 1,000 |
- - - - - - 10,000 - - - |
613 545 - 700 491 - 12,032 1,430 - 1,000 |
|
| 21,885 | (15,074) | 10,000 | 16,811 | |
| ~~232,854~~ | ~~125,145~~ | ~~-~~ | ~~357999~~ | |
| ~~,~~ |
continued...
Page 15
HOLLAND HOUSE CIO
Notes to the Financial Statements - continued FOR THE YEAR ENDED 31 DECEMBER 2024
14. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Fabric fund Restricted funds Donations General Garden The Den IT Friends of Holland House Abberton Spire Fund (Chapel) Bathrooms Advertising Lady Peel Legacy Trust TOTAL FUNDS |
Incoming resources Resources expended Movement in funds £ £ £ 1,170,147 (1,001,982) 168,165 - (27,946) (27,946) |
|---|---|
| 1,170,147 (1,029,928) 140,219 5,283 (4,812) 471 - (1,848) (1,848) - (2,019) (2,019) - (100) (100) 5,849 (3,857) 1,992 - (570) (570) - (14,000) (14,000) 300 (300) - 1,000 - 1,000 |
|
| 12,432 (27,506) (15,074) |
|
| 1,182,579 (1,057,434) 125,145 |
15. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 December 2024.
Page 16