**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:
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.
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