```
REGISTERED COMPANY NUMBER: CE20714 (England and Wales)
REGISTERED CHARITY NUMBER: 1187978
```
## **`REPORT OF THE TRUSTEES AND`**
```
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 1ST APRIL 2025
```
## **`FOR`**
## **`RYE HERITAGE CENTRE`**
```
Gibbons Mannington & Phipps LLP
Chartered Accountants
Landgate Chambers
24 Landgate
Rye
East Sussex
TN31 7LJ
```
```
RYE HERITAGE CENTRE
```
```
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 1ST APRIL 2025
```
|||**`Page`**||
|---|---|---|---|
|**`Report of the Trustees`**|`1`|`to`|`4`|
|**`Independent Examiner's Report`**||`5`||
|**`Statement of Financial Activities`**||`6`||
|**`Balance Sheet`**|`7`|`to`|`8`|
|**`Notes to the Financial Statements`**|`9`|`to`|`13`|
|**`Detailed Statement of Financial Activities`**|`14`|`to`|`15`|
```
RYE HERITAGE CENTRE
```
```
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 1ST APRIL 2025
```
```
ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006,present their
reportwiththefinancialstatementsofthecharityfortheyearended1stApril2025.Thetrustees have
adoptedtheprovisionsofAccountingandReportingbyCharities:StatementofRecommended Practice
applicabletocharitiespreparingtheiraccountsinaccordancewiththeFinancialReporting Standard
applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
```
## **`OBJECTIVES AND ACTIVITIES`**
## **`Objectives and aims`**
```
ToadvanceeducationforthepublicbenefitinthehistoryandheritageoftheAncientTownofRye by
maintaining a Heritage Centre and organising exhibitions and events.
```
```
NothinginthisconstitutionshallauthoriseanapplicationofthepropertyoftheCIOforthepurposes which
are not charitable in accordance with the Charities Act 2011.
```
## **`Significant activities`**
```
Toexhibitthetownmodel,bymeansofalightandsoundmodelshowwhichexplainstheuniquehistory of
the Ancient Town of Rye, by entry fee.
```
```
Linked to the model is a timeline of supporting heritage exhibits.
```
```
There are sales of related heritage items to add income.
```
```
There are related activities such as town walks and other heritage activities to add income.
```
```
A programme of digitisation is under way to enhance the heritage value.
```
```
There is a schools programme.
```
## **`Public benefit`**
```
The trustees have regard to the guidance on public benefit issues by the Charities Commission.
```
## **`Volunteers`**
```
Volunteers are fundamental to the operation and add value.
```
```
Page 1
```
```
RYE HERITAGE CENTRE
```
```
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 1ST APRIL 2025
```
## **`ACHIEVEMENTS AND PERFORMANCE`**
## **`Charitable activities`**
```
Asinpreviousyears,severalthousandvisitorsfromhomeandabroadhavecometothecentreandmany of
thesepeoplehavewatchedthetownmodelshowillustratingthehistoryofthetownofRye.Further, local
publicityhasmeantthatmanymorelocalsarevisitingthecentre;oftenusingthemodelanditsshow to
introducetheirvisitorstothetownbeforeexploringinearnest.Visitorexperiencehasbeenenhancedby the
addition of hearing loops in the reception area and model show room.
```
```
Schoolparties,bothlocalandinternationalhaveonceagainincreasedwithschoolsfromtheEUseeing a
welcomeincreasenowthatthedifficultiescausedbyBrexitaregraduallybeingovercome.Locally,this year
thecentrewasabletooffertwoworkexperienceplacementstostudentsatRye'shighschool-an increase
from last year.
```
```
Thetownmodelshowcontinuestobeenhancedwithprojection-mappingnowaddingtothe overall
audio-visualexperience.Thisnewtechnologywasputtogooduseinthedevelopmentofanew"Ryein World
WarII"show.Furtherenhancementshavebeenaddedtothe"Smugglers'Attic"displaymakingthe exhibit
more robust and user-friendly.
```
```
Particularlypleasinghasbeentheretentionofalmostallofourhigh-qualityvolunteers,manyofwhom have
widenedthespectrumoftasksthattheyarenowabletoperform.Wealsorecruitednewvolunteersbut, as
volunteers are always required, our recruitment efforts continue.
```
```
Theplannedprogrammeofeducationalandentertainingtalksandtowntourshasbeenexpandedaided by
the recruitment of a new, experienced walking tour guide.
```
```
The Heritage Centre continues to improve its profile and widen its follower base on social media.
```
```
TheHeritageCentrecontinuestobecloselyinvolvedwiththelifeofRyeincludingmanyofthe annual
festivalsandeventsthatthetownputsoneachyear.Forexample,theHeritagecentreorganised and
deliveredacommunityengagementprojectworkingwithRyePlayerstocommemoratethe locally
well-known Fletcher family.
```
```
Inlinewithourheritageobjectives,thecentreproducedandpublishedanewhistoricalguidebookto the
townofRye.Additionally,weworkedwithScreenArchiveSouthEasttodigitiseandmakeavailableto the
public home movie footage of local historical significance.
```
## **`Fundraising activities`**
```
Wecontinuetobesuccessfulinraisingfundsfromanumberofindividualdonors,HeritageCentre visitors
and grant-giving organisations although somewhat less so than previous years.
```
## **`FINANCIAL REVIEW`**
## **`Financial position`**
```
Thetrusteeboardmadeadecisiontoretainaminimumof£5,000asareserve.Thissum represents
overheads and salaries for approximately three months.
```
```
AttheyearendtheCIOheldunrestrictedreservesof£29,998andrestrictedreservesof£240.This amount
is sufficient to meet the minimum reserve aims stated above.
```
## **`Principal funding sources`**
```
The charity's principal sources of funds are:
```
- `income from model shows`
- `shop sales`
- `walks and talks`
- `grants and donations`
```
Page 2
```
```
RYE HERITAGE CENTRE
```
## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 1ST APRIL 2025`**
## **`FINANCIAL REVIEW`**
## **`Going concern`**
```
Thisisasmallcharitywhichisnotlikelytohavehugereservesofcapitaltocallupon.Nevertheless,we are
confidentthat,throughtheuseofprudentfinancialmanagement,wecanremainsolventandprosper. This
hasproventobethecaseinthisfinancialyearastheavailablefundsoftheorganisationare enhanced
compared to the financial year preceding.
```
## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`**
## **`Governing document`**
```
Thecharityiscontrolledbyitsgoverningdocument,adeedoftrust,andconstitutesalimited company,
limited by guarantee, as defined by the Companies Act 2006.
```
## **`Recruitment and appointment of new trustees`**
```
Bythetrusteeboardonthebasisoftheirsuitabilityintermsofskillsandexperienceandtheirwillingness to
volunteer for the role.
```
## **`Organisational structure`**
```
The charity is run by a trustee board.
```
```
The board formulates policy which is implemented through the employed manager.
```
```
The manager organises volunteers to support various aspects of the centre's operation.
```
## **`Induction and training of new trustees`**
```
Therearesometwentypoliciesagreedbytheboardthatserveasguidanceforthemanagerand new
trustees.
```
```
Internalandexternaltrainingcoursesaremadeavailableforboththemanagerandnewtrusteesto learn
about particular aspects of their role as required.
```
## **`Related parties`**
```
ThecharityhasagoodrelationshipwithRyeTownCouncilwhichownsthesite.Theboardleasesthe building
on a peppercorn rent basis which is subject to lease and contract.
```
```
Thecentrealsohasgoodrelationshipswithmanyorganisationsinthetownandisexpanding these
connections.Inparticular,contactswiththeRyeMuseum,theRyeHarbourNatureReserveandthe Chamber
ofCommercehavebeenestablishedwithaviewtoworkingtogetherforthebenefitofRyeinthe future,
particularly in the area of tourism.
```
## **`REFERENCE AND ADMINISTRATIVE DETAILS`**
## **`Registered Company number`**
```
CE20714 (England and Wales)
```
## **`Registered Charity number`**
```
1187978
```
## **`Registered office`**
```
The Old Sail Loft
Strand
Rye
East Sussex
TN31 7AY
```
```
Page 3
```
```
RYE HERITAGE CENTRE
```
## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 1ST APRIL 2025`**
## **`Trustees`**
```
Mr C R Hoggart Chair
Mr S J Blattman
Mr R A Sperring (resigned 27/5/2025)
Ms S R Sherburne (resigned 19/9/2024)
Mr M W Eve
Mr M T Blincow
Mr I Walker Trustee
Mrs G Pascall (appointed 25/2/2025)
```
## **`Independent Examiner`**
```
Gibbons Mannington & Phipps LLP
Chartered Accountants
Landgate Chambers
24 Landgate
Rye
East Sussex
TN31 7LJ
```
```
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
```
```
.........................................................
Mr C R Hoggart - Trustee
```
```
Page 4
```
```
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
RYE HERITAGE CENTRE
```
## **`Independent examiner's report to the trustees of Rye Heritage Centre ('the Company')`**
```
IreporttothecharitytrusteesonmyexaminationoftheaccountsoftheCompanyfortheyear ended
1st April 2025.
```
## **`Responsibilities and basis of report`**
```
Asthecharity'strusteesoftheCompany(andalsoitsdirectorsforthepurposesofcompanylaw)you are
responsibleforthepreparationoftheaccountsinaccordancewiththerequirementsoftheCompanies Act
2006 ('the 2006 Act').
```
```
HavingsatisfiedmyselfthattheaccountsoftheCompanyarenotrequiredtobeauditedunderPart16of the
2006Actandareeligibleforindependentexamination,Ireportinrespectofmyexaminationof your
charity'saccountsascarriedoutunderSection145oftheCharitiesAct2011('the2011Act').Incarrying out
myexaminationIhavefollowedtheDirectionsgivenbytheCharityCommissionunderSection145(5)(b) of
the 2011 Act.
```
## **`Independent examiner's statement`**
```
Ihavecompletedmyexamination.Iconfirmthatnomattershavecometomyattentioninconnection with
the examination giving me cause to believe:
```
`1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or`
`2. the accounts do not accord with those records; or`
`3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act 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; or`
`4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).`
```
Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationto which
attentionshouldbedrawninthisreportinordertoenableaproperunderstandingoftheaccountsto be
reached.
```
```
Mr David Ashby
```
```
Gibbons Mannington & Phipps LLP
Chartered Accountants
Landgate Chambers
24 Landgate
Rye
East Sussex
TN31 7LJ
Date: .............................................
```
```
Page 5
```
```
RYE HERITAGE CENTRE
```
## **`STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 1ST APRIL 2025`**
|`Unrestricted`
`Restricted`
`fund`
`fund`
`Notes`
`£`
`£`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
**`3,225`**
**`-`**
**`Charitable activities`**
`Education`
**`30,944`**
**`2,676`**
`Other trading activities`
`2`
**`32,977`**
**`-`**
`Investment income`
`3`
**`56`**
**`-`**
**`Total`**
**`67,202`**
**`2,676`**
**`EXPENDITURE ON`**
`Raising funds`
`4`
**`29,238`**
**`-`**
**`Charitable activities`**
`Education`
**`22,890`**
**`2,128`**
`Shop Activity`
**`4,174`**
**`-`**
**`Total`**
**`56,302`**
**`2,128`**
**`NET INCOME/(EXPENDITURE)`**
**`10,900`**
**`548`**
**`Transfers between funds`**
`12`
**`5,724`**
**`(5,724)`**
**`Net movement in funds`**
**`16,624`**
**`(5,176)`**
**`RECONCILIATION OF FUNDS`**
`Total funds brought forward`
**`13,374`**
**`5,416`**
**`TOTAL FUNDS CARRIED FORWARD`**
**`29,998`**
**`240`**|**`2025`**
**`Total`**
**`funds`**
**`£`**
**`3,225`**
**`33,620`**
**`32,977`**
**`56`**
**`69,878`**
**`29,238`**
**`25,018`**
**`4,174`**
**`58,430`**
**`11,448`**
**`-`**
**`11,448`**
**`18,790`**
**`30,238`**|`2024`
`Total`
`funds`
`£`
`9,917`
`815`
`50,625`
`45`
`61,402`
`36,939`
`21,402`
`6,464`
`64,805`
`(3,403)`
`-`
`(3,403)`
`22,193`
`18,790`|
|---|---|---|
```
The notes form part of these financial statements
```
```
Page 6
```
```
RYE HERITAGE CENTRE
```
## **`BALANCE SHEET 1ST APRIL 2025`**
|`Unrestricted`
`Restricted`
`fund`
`fund`
`Notes`
`£`
`£`
**`FIXED ASSETS`**
`Tangible assets`
`9`
**`8,204`**
**`1`**
**`CURRENT ASSETS`**
`Stocks`
`10`
**`1,500`**
**`-`**
`Cash at bank`
**`21,993`**
**`240`**
**`23,493`**
**`240`**
**`CREDITORS`**
`Amounts falling due within one year`
`11`
**`(1,699)`**
**`(1)`**
**`NET CURRENT ASSETS`**
**`21,794`**
**`239`**
**`TOTAL ASSETS LESS CURRENT`**
**`LIABILITIES`**
**`29,998`**
**`240`**
**`NET ASSETS`**
**`29,998`**
**`240`**
**`FUNDS`**
`12`
`Unrestricted funds`
`Restricted funds`
**`TOTAL FUNDS`**|**`2025`**
**`Total`**
**`funds`**
**`£`**
**`8,205`**
**`1,500`**
**`22,233`**
**`23,733`**
**`(1,700)`**
**`22,033`**
**`30,238`**
**`30,238`**
**`29,998`**
**`240`**
**`30,238`**|`2024`
`Total`
`funds`
`£`
`3,660`
`1,500`
`16,323`
`17,823`
`(2,693)`
`15,130`
`18,790`
`18,790`
`13,374`
`5,416`
`18,790`|
|---|---|---|
```
ThecharitablecompanyisentitledtoexemptionfromauditunderSection477oftheCompaniesAct2006 for
the year ended 1st April 2025.
```
```
Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatementsfortheyear ended
1st April 2025 in accordance with Section 476 of the Companies Act 2006.
```
```
The trustees acknowledge their responsibilities for
```
- `(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and`
- `(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.`
```
The notes form part of these financial statements
```
```
continued...
```
```
Page 7
```
```
RYE HERITAGE CENTRE
```
## **`BALANCE SHEET - continued 1ST APRIL 2025`**
```
Thesefinancialstatementshavebeenpreparedinaccordancewiththeprovisionsapplicableto charitable
companies subject to the small companies regime.
```
```
ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissue on
............................................. and were signed on its behalf by:
```
```
.............................................
Mr C R Hoggart - Trustee
```
```
The notes form part of these financial statements
```
```
Page 8
```
```
RYE HERITAGE CENTRE
```
```
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 1ST APRIL 2025
```
## **`1. ACCOUNTING POLICIES`**
## **`Basis of preparing the financial statements`**
```
Thefinancialstatementsofthecharitablecompany,whichisapublicbenefitentityunderFRS 102,
havebeenpreparedinaccordancewiththeCharitiesSORP(FRS102)'AccountingandReporting by
Charities:StatementofRecommendedPracticeapplicabletocharitiespreparingtheiraccounts in
accordancewiththeFinancialReportingStandardapplicableintheUKandRepublicofIreland (FRS
102)(effective1January2019)',FinancialReportingStandard102'TheFinancialReporting Standard
applicableintheUKandRepublicofIreland'andtheCompaniesAct2006.Thefinancial statements
have been prepared under the historical cost convention.
```
## **`Income`**
```
AllincomeisrecognisedintheStatementofFinancialActivitiesoncethecharityhasentitlementto the
funds, it is probable that the income will be received and the amount can be measured reliably.
```
## **`Expenditure`**
```
Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructive obligation
committingthecharitytothatexpenditure,itisprobablethatatransferofeconomicbenefitswill be
requiredinsettlementandtheamountoftheobligationcanbemeasuredreliably.Expenditure is
accountedforonanaccrualsbasisandhasbeenclassifiedunderheadingsthataggregateall cost
relatedtothecategory.Wherecostscannotbedirectlyattributedtoparticularheadingsthey have
been allocated to activities on a basis consistent with the use of resources.
```
## **`Tangible fixed assets`**
```
Depreciationisprovidedatthefollowingannualratesinordertowriteoffeachassetover its
estimated useful life.
```
```
Plant and machinery- 25% on reducing balance
```
## **`Stocks`**
```
Stocksarevaluedatthelowerofcostandnetrealisablevalue,aftermakingdueallowance for
obsolete and slow moving items.
```
## **`Taxation`**
```
The charity is exempt from corporation tax on its charitable activities.
```
## **`Fund accounting`**
```
Unrestrictedfundscanbeusedinaccordancewiththecharitableobjectivesatthediscretionof the
trustees.
```
```
Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsofthe charity.
Restrictionsarisewhenspecifiedbythedonororwhenfundsareraisedforparticular restricted
purposes.
```
```
Furtherexplanationofthenatureandpurposeofeachfundisincludedinthenotestothe financial
statements.
```
## **`Hire purchase and leasing commitments`**
```
RentalspaidunderoperatingleasesarechargedtotheStatementofFinancialActivitiesona straight
line basis over the period of the lease.
```
```
continued...
```
```
Page 9
```
```
RYE HERITAGE CENTRE
```
## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 1ST APRIL 2025`**
|**`2.`**
**`OTHER TRADING ACTIVITIES`**
`Shop income`
`Commission`
**`3.`**
**`INVESTMENT INCOME`**
`Deposit account interest`
**`4.`**
**`RAISING FUNDS`**
**`Other trading activities`**
`Opening stock`
`Purchases`
`Closing stock`
`Staff costs`
`Repairs & Maintenance`
`Insurance`
`Light and Heat`
`Telephone`
`Post and Stationary`
`Advertising`
`Commission`
`Card processing fees`
`Computer costs`
**`5.`**
**`NET INCOME/(EXPENDITURE)`**
`Net income/(expenditure) is stated after charging/(crediting):`
`Depreciation - owned assets`
`Other operating leases`
`Independent Examiners fee`|**`2025`**
**`£`**
**`32,977`**
**`-`**
**`32,977`**
**`2025`**
**`£`**
**`56`**
**`2025`**
**`£`**
**`1,500`**
**`9,105`**
**`(1,500)`**
**`10,762`**
**`1,192`**
**`1,557`**
**`3,190`**
**`877`**
**`400`**
**`866`**
**`-`**
**`1,011`**
**`278`**
**`29,238`**
**`2025`**
**`£`**
**`2,734`**
**`1`**
**`1,200`**|`2024`
`£`
`50,202`
`423`
`50,625`
`2024`
`£`
`45`
`2024`
`£`
`1,500`
`16,814`
`(1,500)`
`11,811`
`1,532`
`1,448`
`2,209`
`858`
`502`
`1,365`
`400`
`-`
`-`
`36,939`
`2024`
`£`
`1,219`
`1`
`960`|
|---|---|---|
```
continued...
```
```
Page 10
```
```
RYE HERITAGE CENTRE
```
```
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 1ST APRIL 2025
```
## **`6. TRUSTEES' REMUNERATION AND BENEFITS`**
```
Therewerenotrustees'remunerationorotherbenefitsfortheyearended1stApril2025norfor the
year ended 1st April 2024.
```
## **`Trustees' expenses`**
```
Therewerenotrustees'expensespaidfortheyearended1stApril2025norfortheyear ended
1st April 2024.
```
## **`7. STAFF COSTS`**
```
The average monthly number of employees during the year was as follows:
```
## **`8.`**
|`Manager`
`No employees received emoluments in excess of £60,000.`
**`COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`**
`Unrestricted`
`fund`
`£`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
`9,917`
**`Charitable activities`**
`Education`
`815`
`Other trading activities`
`50,625`
`Investment income`
`45`
**`Total`**
`61,402`
**`EXPENDITURE ON`**
`Raising funds`
`36,939`
**`Charitable activities`**
`Education`
`14,133`
`Shop Activity`
`6,464`
**`Total`**
`57,536`
**`NET INCOME/(EXPENDITURE)`**
`3,866`
**`RECONCILIATION OF FUNDS`**
`Total funds brought forward`
`9,508`
**`TOTAL FUNDS CARRIED FORWARD`**
`13,374`|**`2025`**
**`1`**
`Restricted`
`fund`
`£`
`-`
`-`
`-`
`-`
`-`
`-`
`7,269`
`-`
`7,269`
`(7,269)`
`12,685`
`5,416`||`2024`
`1`
`Total`
`funds`
`£`
`9,917`
`815`
`50,625`
`45`
`61,402`
`36,939`
`21,402`
`6,464`
`64,805`
`(3,403)`
`22,193`
`18,790`|
|---|---|---|---|
|||||
```
continued...
```
```
Page 11
```
```
RYE HERITAGE CENTRE
```
## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 1ST APRIL 2025`**
## **`9. TANGIBLE FIXED ASSETS`**
|**`9.`**|**`TANGIBLE FIXED ASSETS`**||||
|---|---|---|---|---|
|||`Rye Town`|`Plant and`||
|||`Model`|`machinery`|`Totals`|
|||`£`|`£`|`£`|
||**`COST`**||||
||`At 2nd April 2024`|**`1`**|**`6,563`**|**`6,564`**|
||`Additions`|**`-`**|**`7,279`**|**`7,279`**|
||`At 1st April 2025`|**`1`**|**`13,842`**|**`13,843`**|
||**`DEPRECIATION`**||||
||`At 2nd April 2024`|**`-`**|**`2,904`**|**`2,904`**|
||`Charge for year`|**`-`**|**`2,734`**|**`2,734`**|
||`At 1st April 2025`|**`-`**|**`5,638`**|**`5,638`**|
||**`NET BOOK VALUE`**||||
||`At 1st April 2025`|**`1`**|**`8,204`**|**`8,205`**|
||`At 1st April 2024`|`1`|`3,659`|`3,660`|
||`Rye Town Model - See Note 13`||||
|**`10.`**|**`STOCKS`**||||
||||**`2025`**|`2024`|
||||**`£`**|`£`|
||`Stocks`||**`1,500`**|`1,500`|
|**`11.`**|**`CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**||||
||||**`2025`**|`2024`|
||||**`£`**|`£`|
||`Social security and other taxes`||**`735`**|`1,728`|
||`Other creditors`||**`6`**|`5`|
||`Accrued expenses`||**`959`**|`960`|
||||**`1,700`**|`2,693`|
## **`12. MOVEMENT IN FUNDS`**
```
The restricted fund represents grants received for specific purposes.
```
## **`Transfers between funds`**
```
Thefixedassetspurchasedbythecharityintheyearusingrestrictedfundsdonothave restricted
conditionsattachedtotheirusage,andassuchatransferhasbeenmadetothegeneralfunds to
reflect this.
```
```
continued...
```
```
Page 12
```
```
RYE HERITAGE CENTRE
```
## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 1ST APRIL 2025`**
## **`13. RELATED PARTY DISCLOSURES`**
```
There were no related party transactions for the year ended 1st April 2025.
```
## **`14. RYE TOWN MODEL`**
```
On1April2020RyeHeritageCentreCIOpurchasedtheRyeTownModelfromRyeTownCouncil for
thenominalfeeof£1.00.UnderthetermsofthepurchaseRyeHeritageCentreCIOagreed that
shouldtheCIOceasetooperateinthefuture,RyeTownCouncilhasthefirstrefusaltopurchase the
Rye Town Model for the £1.00 nominal fee.
```
```
The Rye Town Model is shown within a separate asset category at it's nominal value of £1.00.
```
## **`15. RENT`**
```
On1April2020RyeHeritageCentreCIOenteredaleaseagreementwithRyeTownCouncilto rent
theHeritageCentrebuildingonapeppercornrentbasisatthenominalannualfeeof£1.00. This
agreement is for the term of 5 years and will be re negotiated at the end of the lease.
```
```
Page 13
```
```
RYE HERITAGE CENTRE
```
## **`DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 1ST APRIL 2025`**
|**`INCOME AND ENDOWMENTS`**
**`Donations and legacies`**
`Donations`
**`Other trading activities`**
`Shop income`
`Commission`
**`Investment income`**
`Deposit account interest`
**`Charitable activities`**
`Grants`
`Model admission`
`Group bookings`
**`Total incoming resources`**
**`EXPENDITURE`**
**`Other trading activities`**
`Opening stock`
`Shop Purchases & Equipment`
`Ticket Fees`
`Wages`
`Repairs & Maintenance`
`Insurance`
`Light and Heat`
`Telephone`
`Post and Stationary`
`Advertising`
`Commission`
`Card processing fees`
`Computer costs`
`Closing stock`
**`Charitable activities`**
`Wages`
`Rent`
`Insurance`
`Carried forward`|`2025`
`£`
**`3,225`**
**`32,977`**
**`-`**
**`32,977`**
**`56`**
**`2,676`**
**`26,650`**
**`4,294`**
**`33,620`**
**`69,878`**
**`1,500`**
**`9,105`**
**`-`**
**`10,762`**
**`1,192`**
**`1,557`**
**`3,190`**
**`877`**
**`400`**
**`866`**
**`-`**
**`1,011`**
**`278`**
**`(1,500)`**
**`29,238`**
**`10,762`**
**`1`**
**`519`**
**`11,282`**|`2024`
`£`
`9,917`
`50,202`
`423`
`50,625`
`45`
`815`
`-`
`-`
`815`
`61,402`
`1,500`
`13,713`
`3,101`
`11,811`
`1,532`
`1,448`
`2,209`
`858`
`502`
`1,365`
`400`
`-`
`-`
`(1,500)`
`36,939`
`11,811`
`1`
`483`
`12,295`|
|---|---|---|
```
This page does not form part of the statutory financial statements
```
```
Page 14
```
```
RYE HERITAGE CENTRE
```
## **`DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 1ST APRIL 2025`**
|**`Charitable activities`**
`Brought forward`
`Light and heat`
`Telephone`
`Postage and stationery`
`Advertising`
`Sundries`
`Equipment`
`Repairs & Maintenance`
`Subscriptions`
`Waste Disposal`
`Ticket Fees`
`Donations`
`Travel`
`Printing`
`Project expenses`
`Professional fees`
`IT costs`
**`Support costs`**
**`Finance`**
`Bank charges`
`Plant and machinery`
**`Governance costs`**
`Accountancy fees`
`Total resources expended`
**`Net income/(expenditure)`**|`2025`
`£`
**`11,282`**
**`1,063`**
**`292`**
**`400`**
**`866`**
**`139`**
**`-`**
**`3,953`**
**`840`**
**`194`**
**`3,393`**
**`25`**
**`-`**
**`-`**
**`1,464`**
**`782`**
**`278`**
**`24,971`**
**`97`**
**`2,734`**
**`2,831`**
**`1,390`**
**`58,430`**
**`11,448`**|`2024`
`£`
`12,295`
`736`
`286`
`502`
`1,365`
`478`
`260`
`3,814`
`1,509`
`239`
`-`
`413`
`248`
`1,837`
`1,627`
`-`
`-`
`25,609`
`78`
`1,219`
`1,297`
`960`
`64,805`
`(3,403)`|
|---|---|---|
```
This page does not form part of the statutory financial statements
```
```
Page 15
```