SUFFOLK NAPOLEONIC VOLUNTEERS PAINTING TRUST
TRUSTEES REPORT FOR THE YEAR 2023
The purpose of the Trust is to enable the conservation, restoration and public display of an important artwork dating from the Napoleonic period thus benefitting the arts, culture and heritage of Suffolk.
The statement of accounts shows a balance sheet of negative equity for the year 2023 with £6,279 paid towards the conservation of the painting and just £4986.74 income. However, the carried over balance of £3422.72 enabled the Trustees to maintain funding for the conservators to continue the work. It is now expected that the completion of the project will occur in 2024 when it is expected that new funding streams will become available.
On behalf of the Trustees Suffolk Napoleonic Volunteers Painting Trust Registered Charity 1197314
SUMMARY STATEMENT OF ACCOUNTS YEAR END 2023
| INCOME | |
|---|---|
| Grants | 3250.00 |
| Donations | 595.00 |
| Gift Aid | 1137.50 |
| Bank Interest | 4.24 |
| TOTAL | 4986.74 |
| OUTGOINGS | |
| KSH Conservation Ltd | 6279.00 |
| Gift Aid Return to HMRC | 693.75 |
| Monthly Account Fees | 60.00 |
| Cheque Fees | 1.50 |
| TOTAL | 7034.25 |
| CURRENT A/C as of 31/12/22 | 3422.72 |
| BALANCE FOR 2023 | - 2047.51 |
| BALANCE CARRIED FORWARD | 1375.21 |
Suffolk Na oleonic Volunteers Paintin Statement of Accounts 2023 Trust DATE TRANSACTION CREDIT DEBIT BALANCE TOTALS AS OF 03101123 20150.57 16727.85 3422.72 16101123 MONTHLY ACCOITNT FEE 5.00 3417.22 3607.72 5607.72 6301.47 18101123 ICS BACS DEPOSIT 000013 SUFFOLK LOCAL HISTORY COUNCIL GRANT HMRC CHARITIES GIFT AID REFUND 190.00 2000.00 20101123 26101123 693.75 443.75 1050.00 27101123 HNI IRC CHARITIES GIFT AID REFITf*U) ICS BACS DEPOSIT 000014- WPC GRANT + STREETER £50 ICS BACS DEPOSIT 000015 MOINTHLI, ACCOL'IliT FEE CHEQIIE 000004 (OVERPAYMENT REPAID TO HfvIRC CHARITIES) CHEQITE DRAW, FEE ICS BACS DEPOSIT 000016 CHEQI!E 000005 (KSH CONSERVATION LTD) CHEQITE DRAWN FEE SAXTEAD PC GRANT MONTHLY ACCOUNT FEE 674i.22 7795.22 01102123 10102123 75.00 7870.22 7865.22 15102123 5.00 693.75 24102123 24102123 0.75 7170.72 7245.72 01103123 75.00 01103123 6279.00 01103123 0.75 965.97 13103123 250.00 1215.97 15103123 5.00 1210.97 23103123 ICS BACS DEPOSIT 000017 145.00 1355.97 27103123 INTEREST PAID 2.19 1358.16 1353.16 1348.16 17104123 MONTHLY ACCOLTNT FEE 5.00 5.00 15105123 MONTHLY ACCOITNT FEE 15106123 MONTHLY ACCOITNT FEE 5.00 1343.16 1343.84 1338.84 26106123 INTEREST PAID 0.68 17107123 MONTHLY ACCOITNT FEE 5.00 15108123 MONTHLY ACCOITNT FEE ICS BACS DEPOSIT 000018 (Caroline Belgrave £50) MONTHLY ACCOtiNT FEE 5.00 1333.84 1393.84 1388.84 23108123 60.00 15109123 5.00 26109123 'TEREST PAID 0.68 1389.52 1384.52 1379.52 16110123 MONTHLY ACCOIINT FEE MONTHLY ACCOUNT FEE 5.00 5.00 15111123 15112123 MONTHLY ACCOUNT FEE 5.00 1374.52 1375.21 27112123 INTEREST PAID 0.69 TOTALS AS OF 3111212023 FOR 2023 4986.74 7034.25 2047.51 Signed: .Dg.4 Geoffrey Robinson (Chair of the Trustees) + date Signed: Sandra Muldoon (Trustee) + date