## **Annual Report** 

## **and** 

## **Financial Statements** 

## **of** 

**The Dunwich Community Heritage Centre Registered charity number 1200611** 

## **St James Street** 

## **Dunwich** 

## **Saxmundham** 

**Suffolk IP17 3DT** 

**For the year ended 31 March 2025 Prepared on the accruals accounting basis** 



## **THE DUNWICH COMMUNITY HERITAGE CENTRE** 

## **Registered Charity No. 1200611** 

## **Accredited Museum No. 592** 

Principal Address: Dunwich Museum St James Street Dunwich Saxmundham Suffolk IP17 3DT Trustees: Matthew Salusbury (Chairman) Katharine Chant (Curator) John Cary (Treasurer) (resigned 30 June 2025) Susanne Hardy Prof. David Sear Caroline Gay Way Cliff Nicholson  (appointed 1 January 2025) Independent Examiners: Ensors Blyth House Rendham Road Saxmundham Suffolk IP17 1WA Bankers: Co-Operative Bank 9–11 Queen Street Ipswich IP1 1SW Solicitors: Nicholsons 23 Alexandra Road Lowestoft NR32 1PP 



## **THE DUNWICH COMMUNITY HERITAGE CENTRE** 

**For the year ended 31 March 2025** 

|INDEX<br>Trustees’ Annual Report<br>Independent Examiner’s Report<br>Statement of Financial Activities<br>Balance Sheet<br>Notes to the Financial Statements|Page(s)<br>1 - 3<br>4<br>5<br>6<br>7 – 12|
|---|---|





## **THE DUNWICH COMMUNITY HERITAGE CENTRE** 

## **TRUSTEES’ ANNUAL REPORT** 

## **For the year ended 31 March 2025** 

The trustees present their annual report and financial statements for the year ended 31 March 2025. 

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity’s governing document, and “Accounting and Reporting by Charities: Statement of Recommended Practice appplicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019)”. 

## **Objectives and activities** 

A heritage centre serving the local community as a social hub alongside an education centre and museum which is a custodian of the relics and records of ancient and modern Dunwich serving to educate and entertain the general public and the local community alike. 

The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake. 

## **Structure, governance and management** 

## Governing document 

The charity was first registered on 7 October 2022 and is controlled by its governing document, its Constitution, and constitutes a Charitable Incorporated Organisation, registered with The Charity Commission. 

The charity is managed by its trustees who are appointed either from the local community with interest in preservation of the history of the surrounding area or through professional background and experience. The trustees meet regularly, usually bi-monthly, at the charity’s premises. 

## Trustees 

Matthew Salusbury (Chairman) Katharine Chant (Curator) John Cary (Treasurer) (resigned 30 June 2025) Susanne Hardy Prof. David Sear Caroline Gay Way Cliff Nicholson (appointed 1 January 2025) 

## Principal sub-contractors 

Jane Hamilton (Manager) Sarah Peel (Assistant Manager) Timothy Holt-Wilson (Archivist) Ann Donnachie (Finance Officer and Minutes Secretary) 

1 



## **THE DUNWICH COMMUNITY HERITAGE CENTRE** 

## **TRUSTEES’ ANNUAL REPORT (Continued)** 

## **For the year ended 31 March 2025** 

## **Financial review** 

With this year being the first full year of day to day running of the museum transferred from The Dunwich Reading Room & Museum (charity no. 310305), the total income for the year was £338,361 (2024: £62,926) and includes £249,924 of net assets (excluding the land and buildings) transferred and treated as income gifted from The Dunwich Reading Room & Museum. Total expenditure for the year was £92,404 (2024: £17,331). This resulted in a net surplus for the year of £241,376 after adjusting for unrealised losses on investments of £4,581 (2024: net surplus £24,595). 

Total closing funds of the charity as at 31 March 2025 are £286,971 and include restricted funds of £6,095 (2024: Closing total funds £45,595 of which restricted funds were £25,480). 

The charity’s funds are represented by the museum contents of £80,000, investments held with CCLA in COIF Investment Fund of £122,713, cash at bank and in hand of £73,608, stock of £7,521 and other net current assets of £3,129. 

The trustees have given due consideration to the finances of the charity and the reserves policy as outlined below and are of the opinion that the charity is a going concern. 

## **Funds** 

Funds are divided into the unrestricted general fund , a fund for all general purposes which is not accounted for by any other fund and one restricted fund, The National Lottery Heritage Fund which is a 2 year grant fund for developing plans for the Reading Room . 

## Restricted Funds 

There is no stipulation in the Constitution to provide or use restricted funds. Restricted funds are used to ‘ring-fence’ funding provided by donors or grantors for a particular project, so that a proper account can be kept of the expenditure against the funding provided. Once the project is completed and approved, any balances, whether negative or positive, are transferred across to the general fund. Restricted funds can be carried across a year end. 

## **Reserves policy** 

The trustees regularly review the reserves of the charity and with investments of just over £122,000 and cash at bank of £73,608, there are considered adequate funds for the operation of the museum for the next year ahead. 

## **Investment policy** 

Surplus resources in the current bank account(s) will be transferred to a deposit account managed by Churches Charities and Local Authorities Investment Management (CCLA) and/ or into one of their COIF funds to generate income or grow in value. 

2 



## **THE DUNWICH COMMUNITY HERITAGE CENTRE** 

## **TRUSTEES’ ANNUAL REPORT (Continued)** 

## **For the year ended 31 March 2025** 

## **Investment policy (continued)** 

The amount kept in the deposit account will vary according to current interest rates offered but will at any one time be between the equivalent of six months and a full year’s income. 

Disinvestment will occur if funds are required to subsidise losses or for a specific project. 

The movement of funds between accounts will be determined by the financial controller and approved by one other trustee. Investment decisions will be reported to the board of trustees at the next available meeting. 

## **Risk assessment** 

During the year, the charity trustees carried out a detailed review of its charitable activities and in that process assessed the potential for risks to the charity. As part of this process, the charity has a risk management strategy which covers: - 

1. Financial Risks: this is the most common risk to be managed through budgeting, internal scrutiny and proper financial procedures. 

2. Reputational Risk: this would be unwelcome publicity which hinders the mission of the museum. 

3. Statutory and legal requirements to cover health and safety, employment law, safeguarding and associated difficulties which could lead to compensation claims. 

4. Operational Risk: threats to the ability of the museum to deliver its objectives. 

The implementation of procedures designed to minimise any potential impact on the charity should any of those risks materialise, is documented with policies in place for Complaints, Data Protection, Health and Safety, School Safety, Access, Environmental Sustainability, Collections Development. 

See also our _Trustee’s Report to the Members’_ dated 2 October 2025, already circulated to the membership. 

Approved on behalf of the Board of Trustees 


Matt Salusbury Chairman 

Date: 22 October 2025 

3 



**INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF THE DUNWICH COMMUNITY HERITAGE CENTRE FOR THE YEAR ENDED 31 MARCH 2025** 

I report to the trustees on my examination of the accounts of The Dunwich Community Heritage Centre for the year ended 31 March 2025, which are set out on pages 5 to 12. 

## **Responsibilities and basis of report** 

As the charity’s trustees 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 Charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. 

## **Independent examiner’s statement** 

Since the charity’s gross income exceeded £250,000, the independent examiner must be a member of a body listed in section 145 of the Charities Act 2011. I confirm that I am qualified to undertake the examination because I am a member of ICAEW, 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 which give me cause to believe that, in any material respect: 

- i. the accounting records were not kept in accordance with section 130 of the Act; or 

- ii. the accounts did not accord with those accounting records; or 

- iii. the accounts did not comply with the applicable accounting requirements concerning the form and contents 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. 


Helen Rumsey FCA Ensors 

Blyth House Rendham Road Saxmundham Suffolk IP17 1WA 

Date:  13 January 2026 

4 



## **THE DUNWICH COMMUNITY HERITAGE CENTRE STATEMENT OF FINANCIAL ACTIVITIES** 

**For the year ended 31 March 2025** 

|**Incoming resources**<br>_Charitable activities_<br>Shop sales<br>School visits<br>TV rights<br>Reading room hire<br>_Donations and legacies_<br>Transfer from The Dunwich Reading Room<br>& Museum<br>Donations<br>Member subscriptions<br>Treasure chest<br>Grants<br>Gift Aid reclaimable<br>_Investments_<br>Interest and dividend income<br>**Total income**<br>**Resources expended**<br>_Charitable activities_<br>Shop costs<br>Staff and premises costs<br>Other direct costs<br>Management and administration<br>Depreciation<br>**Total expenditure**<br>Unrealised gains/(losses) on investments<br>**Net income/(expenditure)**<br>Transfers between funds<br>**Net movement in funds**<br>**Reconciliation of funds**<br>Total funds brought forward at 1 April 2024<br>Total funds carried forward at 31 March 2025<br>**Net income/(expenditure) before investment**<br>**gains/(losses)**|Note||**Unrestricted**<br>£<br>22,012<br>115<br>80<br>810<br>249,924<br>17,917<br>500<br>1,662<br>2,500<br>5,242<br>4,058|**Designated**<br>£|**2025**<br>**Restricted**<br>**Total**<br>£<br>£<br>22,012<br>115<br>80<br>810<br>249,924<br>17,917<br>500<br>1,662<br>33,541<br>36,041<br>5,242<br>4,058|**2024**<br>**Total**<br>£<br>‐<br>‐<br>‐<br>‐<br>21,000<br>‐<br>‐<br>‐<br>41,926<br>‐<br>‐|
|---|---|---|---|---|---|---|
||2<br>3<br>5<br>6<br>7||||||
||||304,820|‐|33,541<br>338,361|62,926|
||||10,779<br>22,985<br>125<br>5,589<br>‐||10,779<br>22,380<br>45,365<br>30,460<br>30,585<br>86<br>5,675<br>‐|‐<br>14,363<br>2,083<br>885<br>‐|
||||39,478|‐|52,926<br>92,404|17,331|
||||265,342<br>(4,581)|‐<br>‐|(19,385)<br>245,957<br>‐<br>(4,581)|45,595<br>‐|
||||260,761<br>‐|‐<br>‐|(19,385)<br>241,376<br>‐<br>‐|45,595<br>‐|
||||260,761<br>20,115|‐|(19,385)<br>241,376<br>25,480<br>45,595|45,595<br>‐|
||||280,876|‐|6,095<br>286,971|45,595|



5 



## **THE DUNWICH COMMUNITY HERITAGE CENTRE BALANCE SHEET** 

## **As at 31 March 2025** 

|**2025**<br>Note<br>£<br>**Fixed Assets**<br>Tangible fixed assets<br>6<br>‐<br>Heritage assets<br>6<br>80,000<br>Investments<br>7<br>122,713<br>202,713<br>**Current Assets**<br>Stock<br>7,521<br>Debtors and prepayments<br>8<br>14,355<br>Cash at bank<br>10,827<br>Cash on deposit<br>62,701<br>Cash in hand<br>80<br>95,484<br>**Current Liabilities**<br>Creditors ‐ amounts falling due in one year<br>9<br>(11,226)<br>**Net Current Assets**<br>84,258<br>**Total Net Assets**<br>286,971<br>Represented by:<br>**Funds**<br>10<br>Unrestricted<br>General reserve<br>280,876<br>Restricted<br>National Lottery TWF Fund<br>6,095<br>286,971<br>Approved by the Board of Trustees on ….....22/10/25......<br>and signed on its behalf<br>....................................................................................<br>..................................................................<br>Matt Salusbury<br>Cliff Nicholson<br>Chairman<br>Trustee|**2024**<br>£<br>‐<br>‐<br>‐<br>‐<br>‐<br>‐<br>47,516<br>‐<br>‐<br>47,516<br>(1,921)<br>45,595<br>45,595<br>20,115<br>25,480<br>45,595<br>..................|
|---|---|



6 



**THE DUNWICH COMMUNITY HERITAGE CENTRE NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2025** 

## **1  ACCOUNTING POLICIES** 

## **Basis of preparation** 

The financial statements have been prepared in accordance with the charity's governing document and Accounting and Reporting by Charities: Statement of Recommended Practice and in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) issued on 16 July 2014 and the Charities Act 2011. 

The financial statements have been prepared under the historical cost convention except for investments (set out below). The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £. 

The charity constitutes a public benefit entity as defined by FRS 102. 

## **Going concern** 

It is the trustees assessment that the charity has adequate resources to continue in operational existence for the foreseeable future and so continue to adopt the going concern basis of accounting. 

## **Incoming resources** 

All incoming resources are included in the Statement of Financial Activities when the charity has sufficient certainty that receipt of the income is probable and the amount can be measured reliably.  Income from investments is included on a receipts basis. 

## **Volunteer help** 

The value of any voluntary help received is not included in the accounts but is described in the Trustees' Annual Report. 

## **Outgoing resources** 

Resources expended are accounted for on an accruals basis.  Expenditure has been classified under headings that aggregate all costs related to that category.  Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources.  The charity is not registered for VAT and accordingly expenditure is shown gross of irrecoverable VAT. Grants offered subject to conditions which have not been met at the year end date are noted as commitment but not accrued as expenditure. 

## **Tangible fixed assets** 

An asset is capitalised if costing more than £500. Depreciation is provided at these annual rates in order to write off the cost less residual value of each asset over its estimated useful life. 

Plant and machinery 20% straight line basis Fixtures & fittings 20% straight line basis 

## **Investments** 

Investments are stated at market value at the balance sheet date.  The statement of financial activities includes the net gains and losses arising on the revaluations throughout the year. 

## **Stock** 

Stocks are valued at the lower of cost or net realisable value. 

7 



**THE DUNWICH COMMUNITY HERITAGE CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) For the year ended 31 March 2025** 

## **1  ACCOUNTING POLICIES (CONTD)** 

## **Fund accounting** 

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes. 

Designated funds comprise unrestricted funds that have  been set aside by the Trustees for particular purposes.  The aim and use of such designated funds is set out in the notes to the financial statements. 

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by the donors, or which have been raised by the charity for a particular purpose, or which are imposed by the scheme which governs the charity. The cost of raising and administering such funds is charged against the specific fund.  The aim and use of each restricted fund is set out in the notes to the financial statements. 

Investment income and gains are allocated to the appropriate fund. 

## **2  INCOMING RESOURCES** 

|**Income from:**<br>**_Charitable activities_**<br>Shop sales<br>School visits<br>TV rights<br>Reading room hire<br>**_Donations and legacies_**<br>Transfer from The Dunwich Reading Room & Museum<br>Donations<br>Member subscriptions<br>Treasure chest<br>Grant income ‐ National Lottery TWF fund<br>Dunwich Town Trust<br>Gift Aid reclaimable<br>**_Investments_**<br>COIF interest<br>COIF dividends<br>**Total income**||Unrestricted<br>£<br>22,012<br>115<br>80<br>810|Designated<br>£|Restricted<br>£|2025<br>Total<br>£<br>22,012<br>115<br>80<br>810|2024<br>Total<br>£<br>‐<br>‐<br>‐<br>‐|
|---|---|---|---|---|---|---|
|||23,017|‐|‐|23,017|‐|
|||249,924<br>17,917<br>500<br>1,662<br>‐<br>2,500<br>5,242||33,541|249,924<br>17,917<br>500<br>1,662<br>33,541<br>2,500<br>5,242|21,000<br>‐<br>‐<br>‐<br>41,926<br>‐<br>‐|
|||277,745|‐|33,541|311,286|62,926|
|||1,969<br>2,089|||1,969<br>2,089|‐<br>‐|
|||4,058|‐|‐|4,058|‐|
||||||||
|||304,820|‐|33,541|338,361|62,926|



8 



## **THE DUNWICH COMMUNITY HERITAGE CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) For the year ended 31 March 2025** 

|**3  RESOURCES EXPENDED**<br>**Expenditure on charitable activities**<br>**_Shop costs_**<br>Trading shop costs<br>Distribution shop costs<br>**_Staff and premises costs_**<br>Assistant/Project managers<br>Business rates<br>Insurance<br>Utilities<br>Cleaning<br>Repairs and renewals (museum)<br>Repairs and renewals (reading room)<br>Security and fire prevention<br>Exhibitions and activities<br>**_Other direct costs_**<br>Archive and curatorial expenses<br>Event costs<br>Advertising and promotional costs<br>Digital outputs costs<br>Equipment for digitisation<br>Travelling expenses<br>Conference fees<br>Professional fees<br>**_Management and administration_**<br>Printing, postage and stationery<br>Telephone and internet<br>Computer & website costs<br>Computer software support/training<br>Computer software subscriptions<br>Museum subscriptions<br>Bank charges and card reader fees<br>Advertising and marketing<br>Secretarial fees<br>Bookkeeping fees<br>Independent examination fees<br>**_Depreciation_**<br>Depreciation<br>**Total expenditure**||Unrestricted<br>£<br>10,779<br>‐|Designated<br>£|Restricted<br>£|2025<br>Total<br>£<br>10,779<br>‐|2024<br>Total<br>£<br>‐<br>‐|
|---|---|---|---|---|---|---|
|||10,779|‐|‐|10,779|‐|
|||15,030<br>291<br>2,865<br>1,943<br>1,063<br>677<br>513<br>458<br>145||22,380|37,410<br>291<br>2,865<br>1,943<br>1,063<br>677<br>513<br>458<br>145|14,363<br>‐<br>‐<br>‐<br>‐<br>‐<br>‐<br>‐<br>‐|
|||22,985|‐|22,380|45,365|14,363|
|||81<br>44<br>‐<br>‐<br>‐<br>‐<br>‐<br>‐||17,289<br>6,092<br>180<br>3,111<br>514<br>134<br>90<br>3,050|17,370<br>6,136<br>180<br>3,111<br>514<br>134<br>90<br>3,050|56<br>1,212<br>39<br>730<br>46<br>‐<br>‐<br>‐|
|||125|‐|30,460|30,585|2,083|
|||‐<br>506<br>410<br>144<br>510<br>158<br>382<br>172<br>364<br>1,803<br>1,140||‐<br>‐<br>‐<br>86<br>‐|‐<br>506<br>410<br>144<br>510<br>244<br>382<br>172<br>364<br>1,803<br>1,140|13<br>‐<br>‐<br>483<br>24<br>‐<br>5<br>‐<br>‐<br>‐<br>360|
|||5,589|‐|86|5,675|885|
|||‐|||‐|‐|
|||‐|‐|‐|‐|‐|
||||||||
|||39,478|‐|52,926|92,404|17,331|
|||9|||||





**THE DUNWICH COMMUNITY HERITAGE CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) For the year ended 31 March 2025** 

## **4 TRUSTEES' REMUNERATION AND BENEFITS** 

There were no trustees' remuneration or other benefits for the year ended 31 March 2025 (2024: Nil). 

## **Trustees' expenses** 

There were no trustees' expenses paid for the year ended 31 March 2025 other than reimbursement of charity expenditure paid personally (2024: Nil). 

## **5 STAFF COSTS** 

There were no direct staff costs for the year ended 31 March 2025 (2024: Nil). The managerial positions are fulfilled under freelance working. 

|**6 TANGIBLE FIXED ASSETS**<br>**Cost**<br>At 1 April 2024<br>Additions ‐ from DRRM (see below)<br>At 31 March 2025<br>**Depreciation**<br>At 1 April 2024<br>Charged previously in DRRM (see below)<br>At 31 March 2025<br>**Net book value**<br>At 31 March 2025<br>At 31 March 2024|Heritage assets<br>Museum<br>contents<br>£<br>‐<br>80,000|Heritage assets<br>Museum<br>contents<br>£<br>‐<br>80,000|Plant &<br>machinery<br>£<br>‐<br>1,908|Fixtures &<br>fittings<br>£<br>‐<br>1,183|Fixtures &<br>fittings<br>£<br>‐<br>1,183|Total<br>£<br>‐<br>83,091|
|---|---|---|---|---|---|---|
||||||||
|||80,000|1,908||1,183|83,091|
|||‐<br>‐|‐<br>1,908||‐<br>1,183|‐<br>3,091|
|||‐|1,908||1,183|3,091|
|||80,000|‐||‐|80,000|
|||‐|‐||‐|‐|



The museum contents, plant and machinery, and fixtures and fittings were all transferred from the Dunwich Reading Room & Museum (DRRM) on 1 April 2024, as part of the process of changing the unincorporated charity to a charitable incorporated organisation. 

## **7 FIXED ASSET INVESTMENTS** 

|**Market value**<br>At 1 April 2024<br>Additions ‐ from DRRM (see below)<br>Net gain/(loss) on annual revaluation<br>At 31 March 2025||COIF Income<br>Shares<br>£<br>‐<br>76,801<br>(3,578)<br>73,223|COIFAccumulation<br>Shares<br>£<br>‐<br>50,493<br>(1,003)<br>49,490|COIFAccumulation<br>Shares<br>£<br>‐<br>50,493<br>(1,003)<br>49,490|COIFAccumulation<br>Shares<br>£<br>‐<br>50,493<br>(1,003)<br>49,490|Total<br>£<br>‐<br>127,294<br>(4,581)|
|---|---|---|---|---|---|---|
||||||||
||||||49,490|122,713|



The fixed asset investments comprising COIF Income and Accumulation shares were transferred from the Dunwich Reading Room & Museum (DRRM) on 1 April 2024, as part of the process of changing the unincorporated charity to a charitable incorporated organisation. 

10 



**THE DUNWICH COMMUNITY HERITAGE CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) For the year ended 31 March 2025** 

## **8 DEBTORS** 

|Unrestricted<br>Funds<br>£<br>Trade debtors<br>50<br>Gift Aid pending<br>2,411<br>Prepayments<br>751<br>3,212<br>**9 CREDITORS**<br>Unrestricted<br>Funds<br>£<br>Trade creditors<br>9,700<br>Income received in advance<br>78<br>Accrued expenses<br>1,448<br>11,226<br>**10 MOVEMENT IN FUNDS**<br>Bal b/fwd<br>01.04.2024<br>£<br>**Unrestricted funds**<br>General Reserve<br>20,115<br>20,115<br>**Restricted Funds**<br>National Lottery TWF Fund<br>25,480<br>(2 year funding to develop the Reading Room)<br>25,480<br>**TOTAL FUNDS**<br>45,595<br>Net movement in funds, included in the above are as follows:‐<br>Incoming<br>resources<br>**Year ended 31 March 2025**<br>£<br>**Unrestricted funds**<br>General Reserve<br>304,820<br>304,820<br>**Restricted Funds**<br>National Lottery TWF Fund<br>33,541<br>(2 year funding to develop the Reading Room)<br>33,541<br>11||Unrestricted<br>Funds<br>£<br>50<br>2,411<br>751|Unrestricted<br>Funds<br>£<br>50<br>2,411<br>751|Unrestricted<br>Funds<br>£<br>50<br>2,411<br>751||Restricted<br>Funds<br>£<br>‐<br>‐<br>11,143|Restricted<br>Funds<br>£<br>‐<br>‐<br>11,143||2025<br>Total<br>£<br>50<br>2,411<br>11,894||||2024<br>Total<br>£<br>‐<br>‐<br>‐|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||||||
|||||3,212|||11,143||14,355||||‐|
|||Unrestricted<br>Funds<br>£<br>9,700<br>78<br>1,448||||Restricted<br>Funds<br>£<br>‐<br>‐|||2025<br>Total<br>£<br>9,700<br>78<br>1,448||||2024<br>Total<br>£<br>315<br>‐<br>1,606|
|||||||||||||||
|||||11,226|||‐||11,226||||1,921|
|||Bal b/fwd<br>01.04.2024<br>£<br>20,115|||Net<br>movements<br>£<br>260,761|||Transfers<br>£<br>‐||Bal c/fwd<br>31.03.2025||||
|||||||||||£<br>280,876||||
|||20,115||||260,761||‐||280,876||||
|||25,480||||(19,385)||‐||6,095||||
|||25,480||||(19,385)||‐||6,095||||
|||||||||||||||
|||45,595||||241,376||‐||286,971||||
|||||||Resources<br>expended<br>£<br>39,478||Gains and<br>losses<br>£<br>(4,581)||Movement||||
|||||||||||||in funds<br>£<br>260,761||
||||304,820|||39,478|||‐|||260,761||
||||33,541|||52,926|||‐|||(19,385)||
||||33,541|||52,926|||‐|||(19,385)||
|||||||||||||||





## **THE DUNWICH COMMUNITY HERITAGE CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** 

**For the year ended 31 March 2025** 

|**10 MOVEMENT IN FUNDS (CONTINUED)**<br>**Year ended 31 March 2024**<br>**Unrestricted funds**<br>General Reserve<br>**Restricted Funds**<br>National Lottery TWF Fund<br>(2 year funding to develop the Reading Room)<br>**11 RECONCILIATION OF FUNDS TO ASSETS**<br>Tangible<br>Fixed<br>Assets<br>£<br>**At 31 March 2025**<br>**Unrestricted Funds**<br>General Reserve<br>80,000<br>80,000<br>**Restricted Funds**<br>National Lottery TWF Fund<br>‐<br>**TOTAL FUNDS**<br>80,000<br>Tangible<br>Fixed<br>Assets<br>£<br>**At 31 March 2024**<br>**Unrestricted Funds**<br>General Reserve<br>‐<br>‐<br>**Restricted Funds**<br>National Lottery TWF Fund<br>‐<br>**TOTAL FUNDS**<br>‐|**10 MOVEMENT IN FUNDS (CONTINUED)**<br>**Year ended 31 March 2024**<br>**Unrestricted funds**<br>General Reserve<br>**Restricted Funds**<br>National Lottery TWF Fund<br>(2 year funding to develop the Reading Room)<br>**11 RECONCILIATION OF FUNDS TO ASSETS**<br>Tangible<br>Fixed<br>Assets<br>£<br>**At 31 March 2025**<br>**Unrestricted Funds**<br>General Reserve<br>80,000<br>80,000<br>**Restricted Funds**<br>National Lottery TWF Fund<br>‐<br>**TOTAL FUNDS**<br>80,000<br>Tangible<br>Fixed<br>Assets<br>£<br>**At 31 March 2024**<br>**Unrestricted Funds**<br>General Reserve<br>‐<br>‐<br>**Restricted Funds**<br>National Lottery TWF Fund<br>‐<br>**TOTAL FUNDS**<br>‐|**10 MOVEMENT IN FUNDS (CONTINUED)**<br>**Year ended 31 March 2024**<br>**Unrestricted funds**<br>General Reserve<br>**Restricted Funds**<br>National Lottery TWF Fund<br>(2 year funding to develop the Reading Room)<br>**11 RECONCILIATION OF FUNDS TO ASSETS**<br>Tangible<br>Fixed<br>Assets<br>£<br>**At 31 March 2025**<br>**Unrestricted Funds**<br>General Reserve<br>80,000<br>80,000<br>**Restricted Funds**<br>National Lottery TWF Fund<br>‐<br>**TOTAL FUNDS**<br>80,000<br>Tangible<br>Fixed<br>Assets<br>£<br>**At 31 March 2024**<br>**Unrestricted Funds**<br>General Reserve<br>‐<br>‐<br>**Restricted Funds**<br>National Lottery TWF Fund<br>‐<br>**TOTAL FUNDS**<br>‐|**10 MOVEMENT IN FUNDS (CONTINUED)**<br>**Year ended 31 March 2024**<br>**Unrestricted funds**<br>General Reserve<br>**Restricted Funds**<br>National Lottery TWF Fund<br>(2 year funding to develop the Reading Room)<br>**11 RECONCILIATION OF FUNDS TO ASSETS**<br>Tangible<br>Fixed<br>Assets<br>£<br>**At 31 March 2025**<br>**Unrestricted Funds**<br>General Reserve<br>80,000<br>80,000<br>**Restricted Funds**<br>National Lottery TWF Fund<br>‐<br>**TOTAL FUNDS**<br>80,000<br>Tangible<br>Fixed<br>Assets<br>£<br>**At 31 March 2024**<br>**Unrestricted Funds**<br>General Reserve<br>‐<br>‐<br>**Restricted Funds**<br>National Lottery TWF Fund<br>‐<br>**TOTAL FUNDS**<br>‐|||Incoming<br>resources<br>£<br>21,000|Incoming<br>resources<br>£<br>21,000|Resources<br>expended<br>£<br>885|Resources<br>expended<br>£<br>885||Gains and<br>losses<br>£<br>‐|Gains and<br>losses<br>£<br>‐|Movement<br>in funds<br>£<br>20,115|Movement<br>in funds<br>£<br>20,115|Movement<br>in funds<br>£<br>20,115|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||||||||
|||||||||||||||||
||||||||21,000||885|||‐|||20,115|
||||||||41,926||16,446|||‐|||25,480|
||||||||41,926||16,446|||‐|||25,480|
||||||Fixed<br>Asset<br>Investments<br>£<br>122,713||||Net<br>Current<br>Assets<br>£<br>78,163|Total<br>Funds<br>31.03.2025<br>£<br>280,876|||Total<br>Funds<br>31.03.2024<br>£<br>20,115|||
|||||||||||||||||
|||||||||||||||||
||||80,000||||122,713||78,163|||280,876|20,115|||
||||||||||6,095|||6,095|25,480|||
||||‐||||‐||6,095|||6,095|25,480|||
|||||||||||||||||
||||80,000||||122,713||84,258|||286,971|45,595|||
|||Tangible<br>Fixed<br>Assets<br>£<br>‐|||Fixed<br>Asset<br>Investments<br>£<br>‐||||Net<br>Current<br>Assets<br>£<br>20,115|Total<br>Funds<br>31.03.2024<br>£<br>20,115<br>20,115<br>25,480<br>25,480<br>45,595||||||
|||||||||||||||||
||||‐||‐||||20,115|||||||
||||||||||25,480|||||||
||||‐||‐||||25,480|||||||
|||||||||||||||||
||||‐||‐||||45,595|||||||



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