|CONTENTS||PAGE|
|---|---|---|
|Contents|||
|Report ofthe Trustees||2-4|
|Independent
Examiner's|Report||
|Statement of Financial|Activities||
|Balance Sheet|||
|Notes tothe accounts||8-16|
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|FOR THE YEAR ENDED|31O|CTOBER 2|022|||||
|---|---|---|---|---|---|---|---|
||||Note||2022||2021|
|||||Unrestricted|Restricted||Prior year|
|||||Funds|income funds|Total funds|funds|
|||||6||6|6|
|INCOMING
RESOURCES||||||||
|income and endowments|from:|||||||
|Donations
and legacies||||8,456|2,000|10,456|2,727|
|Charitable
activities||||119,727||119,727|130,935|
|Other trading activities||||177,130||177,130|136,762|
|Investments||||45,237||45,237|43,138|
|Other||||67||67|10,190|
|TOTAL||||350,617|2,000|352,617|323,752|
|RESOURCES EXPENDED||||||||
|Expenditure
on:||||||||
|Raising funds||||183,298||183,298|150,520|
|Charitable
activities||||159,715||159,715|157,437|
|Other||||6,585||6,585|4,558|
|TOTAL||||349,598||349,598|312,515|
|NET INCOME/(EXPENDITURE)||BEFORE||||||
|INVESTMENT GAINS/(LOSSES)||||1,019|2,000|3,019|11,237|
|Net gains/(losses)
on investments||||(42,939)||(42,939)|57,175|
|NET INCOME/(EXPENDITURE)||||(41,920)|2,000|(39,920)|68,412|
|OTHER RECOGNISED GAINS/(LOSSES)||||||||
|Other gains/(losses)||||0|0|0||
|NET MOVEMENT
IN FlINDS||||(41,920)|2,000|(39,920)|68,412|
|RECONCILIATION
OF FUNDS||||||||
|Total funds brought
forward|||13|3,055,667||3,055,667|2,987,255|
|Transfer between
funds|||13|||||
|TOTAL FUNDS CARRIED|FORWARD|||3,013,747|2,000|3,015,747|3,055,667|
##
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|BALANCE SHEET AS AT|31OCTOBER|2022||||||
|---|---|---|---|---|---|---|---|
|||Note||2022|||2021|
||||Unrestricted|Restricted|||Prior year|
||||Funds|income|funds|Total funds|funds|
||||E|f|||f|
|FIXED ASSETS||||||||
|Tangible assets||8|2,136,622|||2,136,622|1,882,762|
|Investments||9|805,429|||805,429|1,061,827|
|Total fixed assets|||2,942,051|||2,942,051|2,944,589|
|CURRENT ASSETS||||||||
|Debtors||10|7,369|||7,369|55,102|
|Investments||9|2,177|||2,177|8,430|
|Cash at bank and
in hand||11|129,558||2,000|131,558|77,622|
|Total current assets|||139,104||2,000|141,104|141,154|
|CREDITORS: amounts|falling due|||||||
|within one year||12|67,408|||67,408|30,076|
|NET CURRENT ASSETS|||71,696||2,000|73,696|111,078|
|TOTAL NET ASSETS|||3,013,747||2,000|3,015,747|3,055,667|
|FUNDS OF THE CHARITY||||||||
|RESTRICTED INCOME FUNDS||13|||2,000|2,000||
|UNRESTRICTED FUNDS||13|1,762,164|||1,762,164|1,804,084|
|REVALUATION
RESERVE||13|1,251,583|||1,251,583|1,251,583|
|TOTAL FUNDS|||3,013,747||2,000|3,015,747|3,055,667|
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|The accounts|The accounts|have been prepared|have been prepared|in accordance
with|||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|—the Statement|||of Recommended|Practice: Accounting|||and|Reporting||by Charities
preparing||||their|accounts||||in||
|accordance|with||the Financial
Reporting
Standard
applicable|||||in the UR||and Republic of||Ireland||(FRS102)|||issued|||on 16|
|July 2014|||||||||||||||||||||
|—and with the Charities Act 2011|||||||||||||||||||||
|2.ACCOUNTING|||POLICIES||||||||||||||||||
|2.1
INCOIIAE|||||||||||||||||||||
|Recognition|ofincome||||||||||||||||||||
||||These are induded|in the Statement|of||Financial Activities (SoFA) when:||||||||||||||
||||- the charity becomes
entitled to the|||resources;|||||||||||||||
||||- it is more likely|than not that the trustees||||wiii receive the resources;||||and|||||||||
||||- the monetary
value can be measured||||with|sufficient||reliability.|||||||||||
|Offsetting|||||||||||||||||||||
||||There has been no offsetting ofassets|||and liabilities,|||or income and expenses,|||||unless required||||||or|
||||permitted
by the|FRS 102SORP or FRS102.|||||||||||||||||
|Grants and|donations||||||||||||||||||||
||||Grants and donations are only included||||in the SoFA when||||the general income|||recognition||||criteria are|||
||||met (S.10to S.12|FRS102SORP).|||||||||||||||||
|Tax redaims||on donations
and gifts|||||||||||||||||||
||||Gift Aid receivable|is included
in income|||when there is|||a|valid declaration||from the donor.||||||Any|Gift|
||||Aid amount
recovered
on a donation|||is considered to|||be||pact ofthat gift||and|istreated as||||an addition|||
||||to the same fund|as the initial donation|||unless the donor||||or the terms|ofthe||appeal||have||specified|||
||||otherwise,||||||||||||||||||
|Support costs|||||||||||||||||||||
||||The charity has incurred
expenditure|||on support costs.|||||||||||||||
|Volunteer help|||||||||||||||||||||
||||The value ofany voluntary
help received||||is not included|||in the accounts but is described|||||||in||the||
||||trustees'
annual report.||||||||||||||||||
|Income from||interest, royalties and dividends|||||||||||||||||||
||||This is included
in|the accounts when||receipt||is probable|||and the amount||receivable|||can|be||measured||
||||reliably.||||||||||||||||||
|Investment|gains and losses||||||||||||||||||||
||||This includes
any|realised or unrealised|||gains|or losses||on the sale of investments|||||and any|||gain||or loss|
||||resulting
from revaluing
investments||to||market value||at the end ofthe|||year.|||||||||
##
|2.2|EXPENDITURE AND LIABILITIES|EXPENDITURE AND LIABILITIES|||||||
|---|---|---|---|---|---|---|---|---|
|Liability recognition|||||||||
|||Liabilities are recognised
where
it is more likely than not|that there
is a legal or constructive|||obligation|||
|||committing
the charity to pay out resources
and the amount
ofthe obligation
can be measured|||||with||
|||reasonable
certainty.|||||||
|Governance||and supportcosts|||||||
|||Support costs have been allocated between governance|costs and other support.|Governance|||costs||
|||comprise
all costs involving
public accountability
ofthe charity and its compliance||with regulation||||and|
|||good practice.|||||||
|||Support costs include central functions
and have been allocated to activity cost categaries|||on a||basis||
|||consistent
with the use ofresources.|||||||
|Creditars|||||||||
|||The charity has creditors which are measured
at settlement
amounts
less any trade discounts.|||||||
|2.3|ASSETS||||||||
|Tangible fixed assets for use by charity|||||||||
|||—These are capitalised
ifthey can be used for more than|one year, and cost at least f300.||||||
|||—They are valued at cast, with the exception ofthe land|and buildings
which are|shown at|valuation.||||
|||-The depreciation
rates and methods
used are disclosed|in note 9.2.||||||
|investments|||||||||
|||Fixed asset investments
in quoted shares, traded bonds|and similar investments|are valued||at|initially||
|||at cost and subsequently
at fair value (their market
value) at the year end. The||same treatment||||is|
|||appked to unlisted
investments
unless fair value cannot|be measured
reliably
in|which case||it is|||
|||measured
at cost less impairment.|||||||
|||Investments
held for resale or pending their sale and rash and cash equivalents||with a maturity||||date|
|||af less than 1year are treated
as current asset investments.|||||||
|Debtors|||||||||
|||Debtors (including
trade debtors and loans receivable) are measured
on initial recognition|||at||||
|||settlement
amount after any trade discounts or amount|advanced
by the charity.
Subsequently,|||||they|
|||are measured
at the cash or other consideration
expected to be received.|||||||
|Current asset investments|||||||||
|||The charity has investments
which
it holds for resale ar|pending
their sale and cash and cash||||||
|||equivalents
with a maturity
date less than one year. These include cash on deposit and cash|||||||
|||equivalents
with a maturity
date of less than one year held for mvestment
purposes
rather||||than||to|
|||meet short term cash commitments
as they fall due.|||||||
|||They are valued at fair value except where they qualify|as basic financial
instruments.||||||
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||||||||Unrestricted|Restricted|Restricted||Prior year|
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||funds|Income|funds|Total funds|funds|
||||||||E|E||6||
|Donations|and|legacies:||||||||||
|||Donations||and gifts|||2,767|||2,767|612|
|||Gift Aid|||||5,689|||5,689|1,130|
|||General|grants provided|||by||||||
|||government/other|||charities||||2,000|2,000|985|
|||||Total|||8,456||2,000|10,456|2,727|
|Charitable|activities;|||||||||||
|||Entrance|fees||||119,727|||119,727|130,935|
|||||Total|||119,727|||119,727|130,935|
|Other trading activities:||||||||||||
|||Tearoom|||||168,003|||168,003|136,325|
|||Special events|||||8,228|||8,228|(19I|
|||Guide books|||||899|||899|456|
|||||Total|||177,130|||177,130|136,762|
|Income from investments:||||||||||||
|||Interest income|||||73|||73|52|
|||Dividend|income||||4,765|||4,765|7,936|
|||Rental and||leasing|income||40,399|||40,399|35,150|
|||||Total|||45,237|||45,237|43,138|
|Other:||||||||||||
|||Other|||||67|||67|753|
|||Covid-19|related grants||||||||9,437|
|||||Total|||67|||67|10,190|
|TOTAL INCOME|||||||350,617||2,000|352,617|323,752|
##
||||||unrestricted|Restricted||Prior year|
|---|---|---|---|---|---|---|---|---|
||||||funds|income funds|Total funds|funds|
||||||f|E|f||
|Expenditure|on raising funds:||||||||
||Incurred
seeking grants||||||||
||Staging fundraising
events||||4,474||4,474|2,919|
||Advertising,
marketing,||direct mail||||||
||and pudliaty||||15,134||15,134|12,154|
||Tearoom
running
costs||||147,101||147,101|117,730|
||Investment
management|||costs|2,168||2,168|601|
||Rent collection, property|||repairs and|||||
||maintenance
charges||||14,421||14,421|17,116|
||Total||||183,298||183,298|150,520|
|Expenditure|on charitable activities:||||||||
||Wages and labour costs||||134,066||134,066|120,778|
||Garden expenses||||7,144||7,144|6,442|
||Utilities, telephone,|postage,|||||||
||stationery,
insurance||and|sundry|8,242||8,242|21,633|
||Legal and professional||fees||9,005||9,005|7,280|
||Depreciation||||1,258||1,258|1,304|
||Total||||159,715||159,715|157,457|
|Other:|||||||||
||Bank and credit card|charges|||3,699||3,699|3,257|
||Sundry||||2,886||2,886|1,301|
||Total||||6,585||6I585|4,558|
|TOTAL EXPENDITURE|||||349,598||349,598|312,515|
##
|Activity or
programme||Activities
undertaken
directly|Support|Costs|Total this year|Total prior
year|
|---|---|---|---|---|---|---|
||||f||E||
|Other||151,614||8,101|159,715|157,437|
||Total|151,614||8,101|159,715|157,437|
##
|||Charitable|Other trading|||Basis of|
|---|---|---|---|---|---|---|
|Support cost||activities|activities|Grand|total|allocation|
|||f|f|f|||
|Governance||4,318|3,783||8,101|See below|
||Total|4,318|3,783||8,101||
|5.|DETAILS OF CERTAIN|ITEMS OF|EXPENDITURE|||
|---|---|---|---|---|---|
|5.1|FeeS fOr examination|ofthe accounts||This year|Last year|
|||||f|f|
|Independent
examiner's||fees||1,675|1,595|
|6.|PAID EMPLOYEES|||||
|||||This year|Last year|
|6.1|Staff cos'ts|||E||
|Salaries and wages||||182,573|157,807|
|Social security costs||||10,900|8,099|
|Pension costs (defined contribution|||scheme)|5,336|4,448|
||Total staff costs|||198,809|170,354|
||||||||||
|---|---|---|---|---|---|---|---|---|
|6.2|Average head count in|||the year|||This year|Last year|
||||||||Number|Number|
|The|parts|ofthe rharity|in which||Fundraising||8|6|
|the|employees
work:||||Charitable|Activities|4||
||||||Governance||||
||||||Other||||
||||||||12|10|
|7.|DEFINED CONTRIBUTION|||PENSION SCHEME|||This year|Last year|
||||||||f|E|
|Amount||of contributions|recognised||in the SOFA as an expense:||5,336|4,448|
|||||||||PAGE 13|
|---|---|---|---|---|---|---|---|---|
|8. TANGIBLE FIXED ASSETS|||||||||
||||Freehold|land|Plant,|Fixtures,||Total|
||||&buildings||machinery|fittings|and||
||||||and motor|equipment|||
||||||E|E|||
|8.1 Costorvaluation|||||||||
|At beginning|ofyear||1,879,732||42,015|39,850||1,961,597|
|Additions|||254,091||1,027|||255,118|
|Disposals|||||||||
|Net gain/(loss)|on revaluation||||||||
|At end of year|||2,133,823||43,042|39,850||2,216,715|
|8.2
Depreciation||and impairments|||||||
|||Basis|||Straight line|Straight|line||
|||Rate|||20ss|20 - 25'%|||
|At beginning|ofyear||||40,705|38,130||78,835|
|Depreciation|||||685||573|1,258|
|Disposals|||||||||
|Impairment|||||||||
|At end ofyear|||||41,390|38,703||80,093|
|8.3
Net book value|||||||||
|At end ofyear|||2,133,823||1,652||1,147|2,136,622|
|At beginning|ofyear||1,879,732||1,310||1,720|1,882,762|
##
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|9.1 Fixed asset investments|9.1 Fixed asset investments||||Listed|Investment||
|---|---|---|---|---|---|---|---|
||||||||Total|
||||||investments|properties||
|Carrying
(fair)|valve at beginning||of|period|344,264|717,563|1,061,827|
|Add: additions|to investments|during||period|31,319||31,319|
|Less: disposals|at carrying
value||||(273,733)||(273,733)|
|Less: impairments||||||||
|Add: Reversal|ofimpairments|||||||
|Add/(deduct):|net gain/(loss)|on|revaluation||(13,984)||(13,984)|
|Carrying
(fair)|value at end of|year|||87,866|717,563|806,429|
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|Analysis ofcurrent asset investments|Analysis ofcurrent asset investments|This year|Last year|
|---|---|---|---|
|||6||
|Cash or cash|equivalents|2,177|8,430|
||Total|2,177|8,430|
|9.5Additional|information|||
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|10.DEBTORS AND PREPAYMENTS|10.DEBTORS AND PREPAYMENTS|||PAGE 15|
|---|---|---|---|---|
|10.1
Analysis ofdebtors|||This year|Last year|
||||F.|E|
|Trade debtors|||15||
|Prcpayments
and accrued income|||7,354|2,417|
|Other debtors||||52,685|
|Tote!|||7,369|55,102|
|10.2
Analysis ofdebtors recoverable||in more than 1year (included|||
|in debtors above)|||This year|Last year|
||||f|E|
|Other debtors||||50,000|
|Total||||50,000|
|11. CASH AT BANK AND IN HAND|||This year|Last year|
||||E|f|
|Cash at bank and on hand|||131,558|77,622|
|Total|||131,558|77,622|
|12. CREDITORS|||||
||||This year|Last year|
|Amaunts
falling due within one year:|||E|E|
|Loan|||30,000||
|Accruais and deferred|income||33,073|26,782|
|Taxation and social security|||4,335|3,294|
|Total|||67,408|30,076|
##
|||Revaluation||||
|---|---|---|---|---|---|
|Fund name||reserve|Unrestricted|Restricted|Total funds|
|Fund balances brought forward||1,251,583|1,804,084||3,055,667|
|Income|||350,617|2,000|352,617|
|Expenditure|||(349,598)||(349,598)|
|Transfer between|funds|||||
|Gains and losses|||(42,939)||(42,939|
|Fund balances carried forward||1,251,583|1,762,164|2,000|3,015,747|
##
|13.2 Details of m|aterial|funds held|and movements
duri|ng the previous|reporting
perio|d|
|---|---|---|---|---|---|---|
||||Revaluation||||
|Fund name|||reserve|unrestricted|Restricted|Tatalfunds|
|Fund balances brought||forward|1,251,583|1,732,693|2,979|2,987,255|
|income||||322,767|985|323,752|
|Expenditure||||(312,515)||(312,515)|
|Transfer between|funds|||3,964|(3,964)||
|Gains and losses||||57,175||57,175|
|Fund balances carried forward|||1,251,583|1,804,084||3,055,667|
##
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