The Trustees of The Mercers Hall Gloucester has following detailed investigation installed a new Chairlift system to allow better access to the upper and lower floors. During the summer we will redecorate the outside of the building and continue other works inside
Charlty r•gl¥tr•llon numb¢r 1201163 IEngland and Wal••l THE MERCERS HALL GLOUCESTER ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024
THE MERCERS HALL GLOUCESTER LEGAL AND ADMINISTRATIVE INFORMATION Tiu8teo• O Lora J Martdi G How•ll C. Hill h•rlty numb•r (England and W•l••l 1201163 Prlncipal •ddre•• Masonic Hall Cioii K•ys Lm• Gious•si•r GL12Ha Ind•p•nd•nt •x•mln•r P J ToyIofFCA Unil 3 Ambrose Hau leleor Cwrt 88rnett Glou¢esl•r GL4 3GG
THE MERCERS HALL GLOUCESTER CONTENTS Pag• Tru•M•8' rèp1 Ind•pendent 0MIner.$ i•pcyt Sl•t•ffl¢nl ol llo¢thI •cllvttl•• Not•• to I0• fln•ncl•i sI•l*ni$ 6-12
THE MERCERS HALL GLOUCESTER TRUSTEES, REPORT FOR THE YEAR ENDED 30 JUNE 2024 The trusrees pre$frnl thw onnu r•p)rt •id fin¥& st•M•ni$ for tht ye•r ended 30 June 2024 Iinantral S.•M•ni$ have Deer preyred i? accorfanc• ltye accwniifjg polt1é5 8è1 oyl in note 1 io the fi?81 sialem•ni9 and comply W1 Itt• CIO s Corsl1'.bliThn lie CPar.ties Acr 2011 and 'Arunti) and R•Fof.IDg by Cn¥ilié$ Slal8menl ol Recommended Practice applicable IJ ¢bariy•$ Pf•P8nng account$ In xcord8nCe In the Financia Reportin9 Siandato 8ppI able In rh UK •nd Rèpubl c Df Ir•lind IFRS 1021" l•ff•cl1V• 1 JanuaTr 20191 Obj•ctiv•i and activlll•• Th8 ob,•cts of th• CIO ar• lo Oo all lvcii thing5 as oe (from limè to iim•l I•U.,1Y ¢harit8bl• In nalur• IrcluOin9 Ine presorvilion ol Iht fi$ioric buisdiig fcYm•lly knowp. and (&••d as Thè l18rrS Hall on rh• corner ol Cro¥• Leys Lano Merc•r$ Allay, Gloucèsl•r. a Iisl•d building Aiblic lJp.nefrt Ttré I'ustms ttav• p• r•g¥d 10 9Lthnc• IMu•d by ihe Charty commffjl In dBoding wt)al •clivi11•8 lh• CIO unaerlake Achl•¥•m•nts •nd pbrfomiinc• sril,,,,,00t actl'i'iiies and achieve1nI.$ agains1 Db,18Ctrves Th• lJ•rpAfS Hall GIDucesl•r iUnin¢orpcralt¢ fJndl. • Ch8frtabl• Incorpy•l•d Organ1th ICIOI wal Ml up Wilh Ibe 'e9lSterea ¢bJrity nJmb•' 1201163 on thi 281P) No¢émtrr 2022 '.1 vlag gel up tg replace The Crc55 Key$ Pjasoilc Trusi • com•Trtt•è ol the Unirwor•re(I fu cw¥Ir• Ihllt lh• obi•aN•i Ot$1 le¥¢d .TC Jgh B CIO Th• Bss•li and liablitIl ol Th• Cross Keys Il•sonlc Cn•fty Tru•t w•r• tr•n•l•ff•d lo th• CIO on e••s•lon. Thu• were 85 fol on¢ h8we tfj ihtrwn In th• CIO 4$ don•bOn$- C•sh at Ban Fixed •$$¢t• Cred01% £107 821 £1C.8e8 (£28 4401 Th• rn•in •0Jrc•s ol Incorne to enabkn the ¢h•nty to mwl d• obj•dN•• t¢lknClW Crg•$ £20,380 In th• ffinwcJ pwwxl Th• m•n exp•rlIur r•lgt+J lo ulilty bills •¢Jch •1 h••1 & Iignt 1£8.14414r)d • m•n•gement th8.9• to th• M4sonic H•ll (GlouC••r) of £11,1(Ki Flnn¢l•l itvl•w The $u'plJ• fo. Ine year under re.le. was £91 359 TM rtiain •ci ¥ity ln the year tne ITansl•r of lh• IS&11•bIllIIè$ from The CfQS$ Key5 KI?$1¢ Chjrty TTUit Was CaP+tathV. cnwges from fvl¥sorll¢ Lod465 TM CIO holdi wme bnd• a$ Inv•$tm•ntS. IhH• •r• n•id # unrt Iw%ts •nO rn890d by S•r•iin ReseThes pcIKy 11 15 Ihe policy of Ihe CIO ihai unr•slrin•d f,JndS ni¢h ha noi te des,9r8lecJ for o ipecific use sbould b• mainlained ai a l•¥•.' •ouivalèn: io beteen itriree and six mon1h's exJe?d.IJT• Tt)e tfusleès ¢on8¢aer mai re8eNes at tiis level will er.sure that. In th• •¥•nl ol a sign leap.i ¢YfOP IT) fijnoing, will be aba to con1inuè I.e Cio. rrer.T ¥li'¥il.•S wtylle ¢on$ieerariOfj Is gi¥en to way6 in whith addit1 furt PY b8 iaisod Thi$ le¥fti of ha5 beèn maintaiD•d Ihrou9houL the year Th• resw*$ ai tnt ye•¢ were £91 359 vkn.oh include th• inv•stm•ni% whch ar• on • long i¢m bg¥s d fixèd assets. Excludipj Ih•s• tn• CIO'$ lun¢$ were £25 49
THE MERCERS HALL GLOUCESTER TRUSTEES, REPORT {CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024 Stru¢tyr•, govornanc• and m•nag•m•nl The CIO was eJwb115hed by • ConsldulKm on 28th NoY•mb8r 2022 The W$lee dunng the y•ar up l) the dat• ol ggnatur• ol th• finanu•l $18t?lIS were. D Lard J PJ8rfell Hill Rwrujlmenl and appoinlfneni tslltusr88s The powtr to •ppfyni • irustee Is ex•r¢s•d Dy th• mwty of trut••i TMf• miy more th•n 6 trtyypevs •pwntèd •nd no l•sa than 4 tsullèèi al any on• ilfv None ol Ihé IfUSl••$ h•$ any tyènefi¢ial inlefe61 in th• CIO. All of tho Irus1•K ar• m•mb•rn of th• CIO •nJ guaroi19• lo wntribJt• £1 ID th• •v•nt ol • wnain9 UP Th• Irusl•••' r•wfl wai approv•l by Ine Board ol Trusi•••. C Hill Tfu•le• 15 M•rGh 2025
THE MERCERS HALL GLOUCESTER STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 JUNE 2024 Unr••irictod fuDd$ 2024 Nol Incom• and •ndowm•nls Irom". -ra'.ions legacie5 CharitODle actlvllits Inve8meni¥ Othef 90,249 20,380 794 J.150 Tot•1 Incom• 114,573 Expendltur• on: Ch•rrt•b'8 8ctiwiliès oiThÈr exper.Jiibfe 27 819 1,473 11 Total •xp•ndltur• 29 292 N•1 gnWl1o••I on inv••trn•r)ts 12 8.078 N•l Incoffl• ind mov•rn•nt In funds 91.359 RKonclll•tlon of lund•: Fund b•l•nct$ W 1 July 2023 Fund b•l•n¢•• •t JO Jun• 2024 91.359 The slaremenl of fin•n¢i•l •aiwiti•¥ includ•• 411 •Dd loM•• r•cL¥aniMO In th• *r. In¢Mw •nd eypendifvre J•rrv• Irtsrn coniiThJthg •Clivlll•S
THE MERCERS HALL GLOUCESTER BALANCE SHEET ASAT30 JUNE 2024 2024 Nol•S Tangikle 8ssels Inv•8tm•nl$ 14 9.872 56.078 85 950 Curr•nt •sM lor$ Cl$. al rnk an4 In h•nol 18 2,000 28.37e 39 37¢ 14 9671 Cr•dilor•= 4mount• f4llin9 du• wtlhln on• y••r 17 curr•nt a•#•l# 25.409 TotNI a8$•t¥ l••¥ curr•nt Iliblllll•• 91,359 Th• lund• of lh• CIO 91.359 91.359 Tne financi•l Ji•lemeniJ were •pprwed by tru$iwi 15 MbrGtt 202$ Tfu•I••
THE MERCERS HALL GLOUCESTER NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 A¢¢ouniing poll¢b•s Chirity Information erieis Hall GlJuc•stsr is a Chantal• Incorwialèd Or9•nis4n 1.1 Accoufttlng conv•ntion The financ. al sta'.er,eil$ ia¥• be•n y•par•¢ in •ccoid•nc• vthh th• CIO'S g¢Y•ming l)¢uml. lh• Cn•riti Acp. 2011 FRS 102 'Ttté Financial R•parti?g S•ano8rd aFpliCaa In ih8 UK An(J R•publie cl Irèland. #r)d lh• Cntle9 SORP "Accountin9 ¥ncJ Report ng by Cho"Ities S'10lemenl of ReCMetted Pr&-t',u Bpplicaiye to ¢harili•$ prepanng tlf accoun18 In ac¢G'dan¢• o'ilh the F nancial Reporting S'.and•rd app4¢abl• In UK an(1 Rep4¢ ol Iiel•n4 IFRS 1021" Tne CIO is a Pttl¢ Benefil Énl1',v 85 0&fira Oy FRS 02 TM CIO has k•0 •dv•ni•gt of The provi•iw• rh SORP fN cnarilits not la prnp•re • slalem•nl ol u•h Th• fin•nd•l lial•m•ni• h•v6 departe¢ from the Ch&rilies ,,ACul1$ •nd Rèp)rtil Re9U.9:i$ 2008 ClY to th• •xl•ni r•qui'•d la provide è IfU• ana lair This dèparture h•$ 1nvolv•d Icl IC'A'ing the Slalemonl ol Recomm¢ndea Proaice fof charitie$ Jpp1win9 FRS 102 rather th9 Ine v•rsic47 ol lh• St8t•m•nt ol R•comm•ndd wtrd¢h is r•l•rr•d lo bn th• R•9ul•bMs bul v•hi. has sino• bmn Wlihdrawn Th• finaici81 51atem•n15 are pr•par•d In il•rtin9 which is the lJrKli¢Jn•l curr•rcy ol lh• CIO Morel•ry amoun13 In I.nno siJie.ments art rounGeo 10 Ihe n¢&'e$: L. Tne flnanvial $iolemtnis h•ve trotn prew•d uThJtr m• hi•l¢Jrt•l cosi ¢V•nEi Th• pM¢lp•l •¢¢ounty'ng Icies adopl•d •r• ••t ou¢ b•low 1.2 Golng concern A: the ',1 Te ol aFproving th• finwd•i •t•i•m•M th• 1rusl•ts i•v• • r••fr)D•t4• •xPd•t4C Ih•i IM Cio n •d•ouai• r•sour¢•s io con18 Ir Jp•raliCfia OXlSt•n¢• fo. li• lorfrw•ablè Ibiure ThLtS the liusieeg cwlinue to Juopl the goiry ccncern bJ3iJ of •r£vunling In prePThJ th• finJnci•l st41•m•n 1.3 Charltbl• fund• Unreg',naed tundg we •v•llatrh for use Jl IP)e di•crelion of tru•le•s in lurlh•rJnc• of Ih•'r th#ril>l• +iecl vos Re$lri¢le¢ tJndG are subjed lo sp¢¢,f: UJDdlllon8 by dDW$ 01 9ran:o'6 as Ic how Ih•y m•y b• u••d Th• pJrocses ard usès ol Iht reslr1Cted lJTrds ¥'e •ei o(rt ln Ihe note$ lo the .In8nci¥ 11otement• Endowmnl fimdi •f• wfy•cl lo p•ulic eth%Jllion• by &)nori t1 tm ca11 rn1 b• M•In1n•0 by lh• CIO. 1.4 In¢orn• Income Is recOJnid when the CIO i¥ l•gally enl.tled :o i.. aler any p•rfvmancè ¢MdilWiS h•v• beéh Mrf. Ibe emounts earn tse measufea rel.¥tsy Jrj If Is protsab.A tTrat iTrcorne VAII De received. C88h donat0$ af• rocoonls•d Dn récè',p; OtPhryr donali)ns are recogThMd oncè Ihe CIO been noi"fie(J ol the 0ona.ion unless perfJrmgTreo ¢ondifions require deftrral of the arr.ouni Income lax recoverabl• In r•iatlOD lo donaboni f•¢•fv•d und•r GrfIAid or de•d$ ol COnIn119 r•¢ogTrrt •1 the time ol the donariori L•yaci•s Jr• r•ccgniMd r•c•ipt or ¢lh•rvrtM If th• CIO has •n nolffia of Imp•TrJing disinbull, W• aniouni is kncwm. •n¢ receipt Is ¢xpect&J If the amouil NJ r1 known the legxy is treated Js J eonbnpnt assèt.
THE MERCERS HALL GLOUCESTER NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024 Accountlng pollcl Icontlnu•dl 1.5 Exp•ndltvro ExptTrc l.JrÈ Is rec¢>wsed oncg Ihor• i• a legal ¢onslrucAiv• obli9ats.on lo transl•r •conomlc ben•fii to thifd paly. Il Is pio>abl• tnai a tfanslw ol xor(4mi¢ benefiis wll bt r•ouir•d in •m•nI. •nd Ih• •rnount of th• obligation be -•a5ur•c r•l.ably Expenailure 19 v89$ifjeJ by 8V,iVtrrf The costs o. eacl? activty B"e made up ol lh• iolal ol di1 costs and sllarèo rosls. ..ncludiig support x)sl$ Irwolw•d In unoértaK.ng oach •Y,¥ity Dirtcl Msts attnou;JDle 1¢ 8 singl• l wily are alloatea dir•dly to ibgt activity Shar•d cos:1 wtlici eontribul• to mcf8 Inan or8 8Cilvify and pooq costs 'Nnich aré noi atlribuloDle lo a sin a'e aFpM,oned beTren those act,,11 on a basil congsieni h'iln Ihe use ol resources Cenlral staff rJ5ts ore alkxal•d on the ol lm• Iwni afyj d•pr•¢iaii¢n chargés arè aiiocaid Gn Infr QLNW ol Iht at $ use 1.6 Tanglbl• flxed as•0ts Tar Jiole lix•O 85S•18 • pnPlally m•a8vr•d al ¢o•i •nd $ts)$•ou•nty W•Uf•d rf ¢OSt or vu•bon, n•r ol dèprèci81,on and giy Impbiyneit ID56•6 DeprtCi•+on ry r•eogni$td lo • 10 wm• off Ihfr Of v•Iu•ii¢n of a111 l••i Ihw r•sidv•l v•lu•• owr Ih•lr useful Iiwel on lh• l)1 own9 b•M• •nl •nd •ouipm•ni 10% r•duvng bIr The gain oi 1055 ariwng on lh• di¥JoJ•I ol an 88sel Is delvmlned as V)• diller•nc• Delvrt•n In• •we prcwa• lh• rying Valu• ol Iho •ss•l, •nd r•cogni••d ir. tha sl•l•m•nl of acbvits•S. 17 Fli•d ••i•i InvMtm•nts FIAèU ass•1 Iri¥tslmenls are In1'8Wy mt•sur•(l al tr•s8ctlt>n pTrc¢ exclu4ip.g trapCtiO costs and ir• vAJb$equeT)Ily mea$vred ai foir ai each rèp)nin9 .Jale Ch8n98$ In lair vglJe oro i•cogiis•d In nii brM1•XdlIr•l for th• y••r. Tr•ns•aion costs are exp•• •• IncurT•d 1.8 Impalrrnent oi fix•d •••• At each feportini end dat• th• CIO r••-1 cai-yin9 #Mon..$ ol Ill lan9lbl• •gs•ts lo del•n771ne wtteih ihere Is oly iTr¢ico',ion Ihal ihoifj a$Trei8 h¥¥• iulerea 8n imp8'rm•nl If •ny su¢h Inthalion •xi$tS lh• fe¢OV•f•bl• •mouni of lh• •$Mi 1$ M01¢d In order io (leitrmine the exient ol me imp•Km•nt10sb Irf any). 1.9 C•sh ind cajh equlv•l•nl$ Ca5 &na -ash e4b ¥8 Èr'.g Irclud• ca•h In h#nd depo#rt• h•ld •1 c411 bonks. ¢ln•f $hOt1.i•rm Iiould nv•stm•n¥$ Wrtn original malvrill•$ ol tnr•• mmihs or l•s•, o•nk QVfdr•fts Bank overdr•ft8 Jre Ihin borrIng$ In cuTnE 118bil t es 1.10 Flnancial In$trum•nts Tie l) 1'.4s e e,-'.eY tj apply th• PfovIs)rn1 al S•ctiM 11 '8tsc Fin•n¢A91 In$irumoni$' •nd Sèction 12 '0th•r Fm•n¢ial In$irumwl$ I$•6. ol FRS 102 to all ol rts financial InstfLwn•nls. Financi41 Inslrum•nl9 Bre rowiis•d in tr• CIO'I bar sfi••l wh•n th• CIO b•cw• parry 10 I ¢¢ntr•¢tu•l yoviS)ns ol ilw In$trument Fin4no81 as$e',$ ana Ii•bilitio$ g'e olfsel 'hith tie nel arnourts pTerted .n the finawal $ialem•nl$ whèn 1$ a 1•gaiiy •n10fab11 n9b', la sei ine feco9n sea amounlg anc ihere Is 89 Inieniion ID $er.le on o nel ba518 ar to reali•e th• asset and &•ttl• th• Iiatslily wmuiian•ously
THE MERCERS HALL GLOUCESTER NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 30 JUNE 2024 Accountlng policl•i IContlnu•dl 8•5ic flft•ncl81 •ssetJ Bas. ljairial asse'.s wmlch indude debtors fjd ch ond bank bal&nces ar• inlIty m•a$ur•d at tran5aGbDn pr,c• Includina Iransxbon cos1$ and are 5ubwou¢nily ¢•fled at •moniSta cosr using the effcliV& Inre"e91 1p•:)d unl•s8 th• arran98m•Trl cons1.lJl•s a finan¢ig transln, wh8r8 tre Ir8nSOClion 1$ rne•iirett 01 Ihe pre$en'. ¢alue of rne lulure receipt5 discLwnted at a mafket rat• ol In1•$1 FinJnc.•l a$$•ts (#•uifièd u f•C•l¥8Dl• wiiryn y•af grfr nor amonigéd 8•slc Ilnan¢l•l Il•bllill•s Bas¢ firar.=ia Iiabi ,Iies i?¢lu#ing u•dllQ'$ and b•ryk loans wfy Ini1Tally recognised 8t Ir•r.sJth'on price LTle$s tre 8r'8ngement c¢.n$tilu;es a fin4p.cing tr8758Ction. the d8bl In$:rumtnt is m•asur•(J al Ihe p"esonl valJe o! ibe Idlur• payrn•nls discounled li • mwk•i fal• ol In1•r Fin•fjci•l b•bilili¢• d•S$.•d •• yy•ble within Me year are amcrti$80. Dfrbl In8lrum•nl6 or• $ubMqu•nly Cafn•Q 41 •mc>rtiMa ¢o•l. v•inq th• •ll•ctrv• Inl•r•$l r•lo mothod Trade ¢reaiior¥ are obiiytirffis t¢ pay ljr gooas tr S•tyiCéS Iha., hove tswi xquiitrJ In th• ordin¥y CO,Jis• ol 0g•ration• from suppliers AmoJnis paiablé are clas8ilithY 8$ crIp1 118biliiie$ If paymeni 1$ due w,Ihin o year Of less If nol Ihey are presentett 85 non-curre.Il Iiablifie5 Trade cre¢il.Jr¥ ar• fecouYis•d Inib•lly li tran0 prK• and •ub4•qv•nliy 115•abLW•O al •morti$•d c¢•1 u$ing lh• •ll•¢iiv• Ini•r•st o•r09nt1On of financial Il•bilrti•J Financial IiaOilifi•• •f• dw•cogni•ed Vtwi th• CIO'I Contr•cl1 ot4ig•tie41• ?xthr• or •f• diKh•fged or ¢4n¢•ll•a 1,11 employt• b•Dellt• Tie CLS.. J, ar y bT)LseO t10•Y entrtlmtrM i• r•g)wii•d In th• p•nod in Ih• •mploy••'s •wvlc•8 •r• r•c•iv•d T•rminalitsTr bonef11 r• r•¢tsJniMd ImmJi•l•ly ai •r ex0•1$e whéft ifj• CIO l• d•bMn$lr•bly ¢crfnmitt•d io t•min•t• in• •MpIotnI ol •r¢ wnph)ye• Of 10 proviae lefmimlion b•n•frt8. Crltl¢l a¢eountlng e•tlmal¢• •nd ludgèm•nt• In th• wppliulion pl th• CIO'I •ccourllng pJltA•, ITh• trui••s •f• r•quk•d w m•k• I)9•mInIs. e•tr'males •n¢ as$umoiion8 abtsul the carry n9 amouni of assets and '.i?bilile$ Ihjl Jre not Te4dily 4ppar•nl Irom olhèi •ource& Tne eslimJleJ 8nd •s$Krea 4ssutnptiais ba8&a on histor1 Oxpérl•n •nd oin¢r eOr% Inai •r• con8idèfed lo tse revanl AcTu81 result8 m•y diff6r from thesè esii-ae$ esiimte• •ThJ undedying •swmWns or• r•w•w•d w •n Ixwoing bi*A. R•w%l Io •¢¢OUnlin9 •$limal•% a'e r•¢trJniMd In ihe P•flt>l In wnich the estimate Is reviged vkne'e ?frJd reYi8ion affe$ ffily IITal pe-. ioj, ar 1.7 tn• pfj.-iDI o! th• ra'0n ftjlure périods Ihe '.ewi$..an aflecls ¢Jffeni lu.ure pvi¢48 Incom• from donatlons •nd l•gJclt• Unrèstricted Unrèslilctod lunds funds 2024 2023 Don8ied The Cross Key$ Ch•nly Tru51 90.249
THE MERCERS HALL GLOUCESTER NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024 Incom• Iroffl charilabl• acti¥itl•8 Unr•8trlci•d Unr••trict•d lunds fund5 2024 2023 Capllatlon chary•8 capi14rI cnaruos 20,380 In¢om• Irom Inv•stsn•nt• UnrMtrl¢t•t1 Unr••trlel•d lund• lund• X124 2023 Inc(#r• fr)m k$l•d InVm•nI1 Oth•r Incom• Unr••trlct•d Unr•stdct•d funds funds 2024 2023 C¢>mpeng•tion from b•nk R•t94 ol h••i & 119M 150 3,15¢ Exp•ndllur• on charll•ble •cllvlll H•idlng aG983 2024 Dlf•cI co8t8 D8pt•&41th Ind Imp•*m•rii Sharè ol Support •nd gov•manc• t08tB Ise• not• SupF¢rt 26.823 27819 Analysis by fund Ur'ec'.ri-'.&d u)os 27 819
THE MERCERS HALL GLOUCESTER NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 30 JUNE 2024 Net mov•m•nl in funds 2024 Tho n¢1 rnovmnl In furbd3 11 st41•d •ft•r ch•rgintyiu•oilingi Fées FalaDle for me Inoependeni examination ol the charty's fln•n¢iai $14l•m•N• Déwt¢i41ifM) ol 14ThgsDl• fix•d 8u•Is None ol ihe Irty$lees (or wy parncl cnn•cted thrffjl r•¢•iiod •ny r•mnlIOn or benofits from th• CIO &JflTr3 Ille y•¥ 10 Employ• Th• •¥•r•o• monlhly nurnb•r of employe• dunTrJ tne year wa• 2024 Nurnb•r Tol•1 Th•r• w•r• no •mploy••s nnu•l r•MUn•raln wai mor• In £80.OCIl 11 Oihtr •xp•ndltur• Unr•slrTrcl•d Unr•strict•d fund• fLbndg 2024 202J Olhw •xp•ndltur• 12 0•ln• and los••• on Inv••tm•nt• Unr•strict•d Unr•tslfiCt•d lund• lund$ 2024 2023 Rev•lualioo of Investrnenls 0.078 13 T•¥•tlon The k•rrty 1$ oxempt from rts aclyvth•s t4¢au$• •ll Its Inrne is Jppli•d for charrtabl• purpoMI
THE MERCERS HALL GLOUCESTER NOTES TO THE FINANCIAL STATEMENTS (CONTINUEDI FOR THE YEAR ENDED 30 JUNE 2024 14 Tangible fix•d u%•ts PliDt •qllipm*nt Cos1 AJ41".iona 10,888 At 30 June 2024 10.868 D•pr•ciatlon Ind impairm•nt DepreciAiion chAry•d In th• y•ar AI 30 Jun• 2024 CJrrylng imount Ai JLie 2024 9.872 15 Flx•+J ••••i In¥••lm•nt• Ll•ted Inv••tm•iil8 Cost or valu•llon A., l Jvl,, 2023 Adaili¢n$ V•lu•lrt ch•ng•9 50 Cp)O 1.078 AI 30 June 2024 58,078 C4rrylng amount At 3C, JJne 2,)24 $6.078 AI 20 Jun• 2023 18 Dtbiors 2024 Amounts l•lllng du• withln on• y••r" Olh•r thpbtorn 2,OC 17 Credrtor4-. •mount8 falllng du• withln on• y••r 2024 Other crediiorj 4,987 11
THE MERCERS HALL GLOUCESTER NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 30 JUNE 2024 18 Unr•8trlcl•O lunds The un'•vrted ljnds ol charity comprise tye un•xp•nd•d balgnces of dan4'4ions •nd gr•nis wbch v• not SLbj+¢l '.0 spteifrc ¢on¢ilions by donors aie gr8nrv& 48 to bow Iley may bé Jsed These include Oe$ign•ied luTrd8 which hov• b••n set a$1 Olrt of unre$irlcltra lund$ by th• trLt$reeg for gpecifjc rps. At l July 2023 Incomlng r•sourc• Rmourc •xp•nd•d Galn• and los¥•¥ AI 30 Jun• 2024 Gènér thJnds 114873 129,292) 8.078 91.359 19 R•lit•d party tr•n••¢tlon• Tb•r• w•r• ¢hKlo••bkn ieiat•4 p•ty ]r•nClIM1 durlnu th• y•ar12023 . 12
Charlty r•gl¥tr•llon numb¢r 1201163 IEngland and Wal••l THE MERCERS HALL GLOUCESTER ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024
THE MERCERS HALL GLOUCESTER LEGAL AND ADMINISTRATIVE INFORMATION Tiu8teo• O Lora J Martdi G How•ll C. Hill h•rlty numb•r (England and W•l••l 1201163 Prlncipal •ddre•• Masonic Hall Cioii K•ys Lm• Gious•si•r GL12Ha Ind•p•nd•nt •x•mln•r P J ToyIofFCA Unil 3 Ambrose Hau leleor Cwrt 88rnett Glou¢esl•r GL4 3GG
THE MERCERS HALL GLOUCESTER CONTENTS Pag• Tru•M•8' rèp1 Ind•pendent 0MIner.$ i•pcyt Sl•t•ffl¢nl ol llo¢thI •cllvttl•• Not•• to I0• fln•ncl•i sI•l*ni$ 6-12
THE MERCERS HALL GLOUCESTER TRUSTEES, REPORT FOR THE YEAR ENDED 30 JUNE 2024 The trusrees pre$frnl thw onnu r•p)rt •id fin¥& st•M•ni$ for tht ye•r ended 30 June 2024 Iinantral S.•M•ni$ have Deer preyred i? accorfanc• ltye accwniifjg polt1é5 8è1 oyl in note 1 io the fi?81 sialem•ni9 and comply W1 Itt• CIO s Corsl1'.bliThn lie CPar.ties Acr 2011 and 'Arunti) and R•Fof.IDg by Cn¥ilié$ Slal8menl ol Recommended Practice applicable IJ ¢bariy•$ Pf•P8nng account$ In xcord8nCe In the Financia Reportin9 Siandato 8ppI able In rh UK •nd Rèpubl c Df Ir•lind IFRS 1021" l•ff•cl1V• 1 JanuaTr 20191 Obj•ctiv•i and activlll•• Th8 ob,•cts of th• CIO ar• lo Oo all lvcii thing5 as oe (from limè to iim•l I•U.,1Y ¢harit8bl• In nalur• IrcluOin9 Ine presorvilion ol Iht fi$ioric buisdiig fcYm•lly knowp. and (&••d as Thè l18rrS Hall on rh• corner ol Cro¥• Leys Lano Merc•r$ Allay, Gloucèsl•r. a Iisl•d building Aiblic lJp.nefrt Ttré I'ustms ttav• p• r•g¥d 10 9Lthnc• IMu•d by ihe Charty commffjl In dBoding wt)al •clivi11•8 lh• CIO unaerlake Achl•¥•m•nts •nd pbrfomiinc• sril,,,,,00t actl'i'iiies and achieve1nI.$ agains1 Db,18Ctrves Th• lJ•rpAfS Hall GIDucesl•r iUnin¢orpcralt¢ fJndl. • Ch8frtabl• Incorpy•l•d Organ1th ICIOI wal Ml up Wilh Ibe 'e9lSterea ¢bJrity nJmb•' 1201163 on thi 281P) No¢émtrr 2022 '.1 vlag gel up tg replace The Crc55 Key$ Pjasoilc Trusi • com•Trtt•è ol the Unirwor•re(I fu cw¥Ir• Ihllt lh• obi•aN•i Ot$1 le¥¢d .TC Jgh B CIO Th• Bss•li and liablitIl ol Th• Cross Keys Il•sonlc Cn•fty Tru•t w•r• tr•n•l•ff•d lo th• CIO on e••s•lon. Thu• were 85 fol on¢ h8we tfj ihtrwn In th• CIO 4$ don•bOn$- C•sh at Ban Fixed •$$¢t• Cred01% £107 821 £1C.8e8 (£28 4401 Th• rn•in •0Jrc•s ol Incorne to enabkn the ¢h•nty to mwl d• obj•dN•• t¢lknClW Crg•$ £20,380 In th• ffinwcJ pwwxl Th• m•n exp•rlIur r•lgt+J lo ulilty bills •¢Jch •1 h••1 & Iignt 1£8.14414r)d • m•n•gement th8.9• to th• M4sonic H•ll (GlouC••r) of £11,1(Ki Flnn¢l•l itvl•w The $u'plJ• fo. Ine year under re.le. was £91 359 TM rtiain •ci ¥ity ln the year tne ITansl•r of lh• IS&11•bIllIIè$ from The CfQS$ Key5 KI?$1¢ Chjrty TTUit Was CaP+tathV. cnwges from fvl¥sorll¢ Lod465 TM CIO holdi wme bnd• a$ Inv•$tm•ntS. IhH• •r• n•id # unrt Iw%ts •nO rn890d by S•r•iin ReseThes pcIKy 11 15 Ihe policy of Ihe CIO ihai unr•slrin•d f,JndS ni¢h ha noi te des,9r8lecJ for o ipecific use sbould b• mainlained ai a l•¥•.' •ouivalèn: io beteen itriree and six mon1h's exJe?d.IJT• Tt)e tfusleès ¢on8¢aer mai re8eNes at tiis level will er.sure that. In th• •¥•nl ol a sign leap.i ¢YfOP IT) fijnoing, will be aba to con1inuè I.e Cio. rrer.T ¥li'¥il.•S wtylle ¢on$ieerariOfj Is gi¥en to way6 in whith addit1 furt PY b8 iaisod Thi$ le¥fti of ha5 beèn maintaiD•d Ihrou9houL the year Th• resw*$ ai tnt ye•¢ were £91 359 vkn.oh include th• inv•stm•ni% whch ar• on • long i¢m bg¥s d fixèd assets. Excludipj Ih•s• tn• CIO'$ lun¢$ were £25 49
THE MERCERS HALL GLOUCESTER TRUSTEES, REPORT {CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024 Stru¢tyr•, govornanc• and m•nag•m•nl The CIO was eJwb115hed by • ConsldulKm on 28th NoY•mb8r 2022 The W$lee dunng the y•ar up l) the dat• ol ggnatur• ol th• finanu•l $18t?lIS were. D Lard J PJ8rfell Hill Rwrujlmenl and appoinlfneni tslltusr88s The powtr to •ppfyni • irustee Is ex•r¢s•d Dy th• mwty of trut••i TMf• miy more th•n 6 trtyypevs •pwntèd •nd no l•sa than 4 tsullèèi al any on• ilfv None ol Ihé IfUSl••$ h•$ any tyènefi¢ial inlefe61 in th• CIO. All of tho Irus1•K ar• m•mb•rn of th• CIO •nJ guaroi19• lo wntribJt• £1 ID th• •v•nt ol • wnain9 UP Th• Irusl•••' r•wfl wai approv•l by Ine Board ol Trusi•••. C Hill Tfu•le• 15 M•rGh 2025
THE MERCERS HALL GLOUCESTER STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 JUNE 2024 Unr••irictod fuDd$ 2024 Nol Incom• and •ndowm•nls Irom". -ra'.ions legacie5 CharitODle actlvllits Inve8meni¥ Othef 90,249 20,380 794 J.150 Tot•1 Incom• 114,573 Expendltur• on: Ch•rrt•b'8 8ctiwiliès oiThÈr exper.Jiibfe 27 819 1,473 11 Total •xp•ndltur• 29 292 N•1 gnWl1o••I on inv••trn•r)ts 12 8.078 N•l Incoffl• ind mov•rn•nt In funds 91.359 RKonclll•tlon of lund•: Fund b•l•nct$ W 1 July 2023 Fund b•l•n¢•• •t JO Jun• 2024 91.359 The slaremenl of fin•n¢i•l •aiwiti•¥ includ•• 411 •Dd loM•• r•cL¥aniMO In th• *r. In¢Mw •nd eypendifvre J•rrv• Irtsrn coniiThJthg •Clivlll•S
THE MERCERS HALL GLOUCESTER BALANCE SHEET ASAT30 JUNE 2024 2024 Nol•S Tangikle 8ssels Inv•8tm•nl$ 14 9.872 56.078 85 950 Curr•nt •sM lor$ Cl$. al rnk an4 In h•nol 18 2,000 28.37e 39 37¢ 14 9671 Cr•dilor•= 4mount• f4llin9 du• wtlhln on• y••r 17 curr•nt a•#•l# 25.409 TotNI a8$•t¥ l••¥ curr•nt Iliblllll•• 91,359 Th• lund• of lh• CIO 91.359 91.359 Tne financi•l Ji•lemeniJ were •pprwed by tru$iwi 15 MbrGtt 202$ Tfu•I••
THE MERCERS HALL GLOUCESTER NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 A¢¢ouniing poll¢b•s Chirity Information erieis Hall GlJuc•stsr is a Chantal• Incorwialèd Or9•nis4n 1.1 Accoufttlng conv•ntion The financ. al sta'.er,eil$ ia¥• be•n y•par•¢ in •ccoid•nc• vthh th• CIO'S g¢Y•ming l)¢uml. lh• Cn•riti Acp. 2011 FRS 102 'Ttté Financial R•parti?g S•ano8rd aFpliCaa In ih8 UK An(J R•publie cl Irèland. #r)d lh• Cntle9 SORP "Accountin9 ¥ncJ Report ng by Cho"Ities S'10lemenl of ReCMetted Pr&-t',u Bpplicaiye to ¢harili•$ prepanng tlf accoun18 In ac¢G'dan¢• o'ilh the F nancial Reporting S'.and•rd app4¢abl• In UK an(1 Rep4¢ ol Iiel•n4 IFRS 1021" Tne CIO is a Pttl¢ Benefil Énl1',v 85 0&fira Oy FRS 02 TM CIO has k•0 •dv•ni•gt of The provi•iw• rh SORP fN cnarilits not la prnp•re • slalem•nl ol u•h Th• fin•nd•l lial•m•ni• h•v6 departe¢ from the Ch&rilies ,,ACul1$ •nd Rèp)rtil Re9U.9:i$ 2008 ClY to th• •xl•ni r•qui'•d la provide è IfU• ana lair This dèparture h•$ 1nvolv•d Icl IC'A'ing the Slalemonl ol Recomm¢ndea Proaice fof charitie$ Jpp1win9 FRS 102 rather th9 Ine v•rsic47 ol lh• St8t•m•nt ol R•comm•ndd wtrd¢h is r•l•rr•d lo bn th• R•9ul•bMs bul v•hi. has sino• bmn Wlihdrawn Th• finaici81 51atem•n15 are pr•par•d In il•rtin9 which is the lJrKli¢Jn•l curr•rcy ol lh• CIO Morel•ry amoun13 In I.nno siJie.ments art rounGeo 10 Ihe n¢&'e$: L. Tne flnanvial $iolemtnis h•ve trotn prew•d uThJtr m• hi•l¢Jrt•l cosi ¢V•nEi Th• pM¢lp•l •¢¢ounty'ng Icies adopl•d •r• ••t ou¢ b•low 1.2 Golng concern A: the ',1 Te ol aFproving th• finwd•i •t•i•m•M th• 1rusl•ts i•v• • r••fr)D•t4• •xPd•t4C Ih•i IM Cio n •d•ouai• r•sour¢•s io con18 Ir Jp•raliCfia OXlSt•n¢• fo. li• lorfrw•ablè Ibiure ThLtS the liusieeg cwlinue to Juopl the goiry ccncern bJ3iJ of •r£vunling In prePThJ th• finJnci•l st41•m•n 1.3 Charltbl• fund• Unreg',naed tundg we •v•llatrh for use Jl IP)e di•crelion of tru•le•s in lurlh•rJnc• of Ih•'r th#ril>l• +iecl vos Re$lri¢le¢ tJndG are subjed lo sp¢¢,f: UJDdlllon8 by dDW$ 01 9ran:o'6 as Ic how Ih•y m•y b• u••d Th• pJrocses ard usès ol Iht reslr1Cted lJTrds ¥'e •ei o(rt ln Ihe note$ lo the .In8nci¥ 11otement• Endowmnl fimdi •f• wfy•cl lo p•ulic eth%Jllion• by &)nori t1 tm ca11 rn1 b• M•In1n•0 by lh• CIO. 1.4 In¢orn• Income Is recOJnid when the CIO i¥ l•gally enl.tled :o i.. aler any p•rfvmancè ¢MdilWiS h•v• beéh Mrf. Ibe emounts earn tse measufea rel.¥tsy Jrj If Is protsab.A tTrat iTrcorne VAII De received. C88h donat0$ af• rocoonls•d Dn récè',p; OtPhryr donali)ns are recogThMd oncè Ihe CIO been noi"fie(J ol the 0ona.ion unless perfJrmgTreo ¢ondifions require deftrral of the arr.ouni Income lax recoverabl• In r•iatlOD lo donaboni f•¢•fv•d und•r GrfIAid or de•d$ ol COnIn119 r•¢ogTrrt •1 the time ol the donariori L•yaci•s Jr• r•ccgniMd r•c•ipt or ¢lh•rvrtM If th• CIO has •n nolffia of Imp•TrJing disinbull, W• aniouni is kncwm. •n¢ receipt Is ¢xpect&J If the amouil NJ r1 known the legxy is treated Js J eonbnpnt assèt.
THE MERCERS HALL GLOUCESTER NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024 Accountlng pollcl Icontlnu•dl 1.5 Exp•ndltvro ExptTrc l.JrÈ Is rec¢>wsed oncg Ihor• i• a legal ¢onslrucAiv• obli9ats.on lo transl•r •conomlc ben•fii to thifd paly. Il Is pio>abl• tnai a tfanslw ol xor(4mi¢ benefiis wll bt r•ouir•d in •m•nI. •nd Ih• •rnount of th• obligation be -•a5ur•c r•l.ably Expenailure 19 v89$ifjeJ by 8V,iVtrrf The costs o. eacl? activty B"e made up ol lh• iolal ol di1 costs and sllarèo rosls. ..ncludiig support x)sl$ Irwolw•d In unoértaK.ng oach •Y,¥ity Dirtcl Msts attnou;JDle 1¢ 8 singl• l wily are alloatea dir•dly to ibgt activity Shar•d cos:1 wtlici eontribul• to mcf8 Inan or8 8Cilvify and pooq costs 'Nnich aré noi atlribuloDle lo a sin a'e aFpM,oned beTren those act,,11 on a basil congsieni h'iln Ihe use ol resources Cenlral staff rJ5ts ore alkxal•d on the ol lm• Iwni afyj d•pr•¢iaii¢n chargés arè aiiocaid Gn Infr QLNW ol Iht at $ use 1.6 Tanglbl• flxed as•0ts Tar Jiole lix•O 85S•18 • pnPlally m•a8vr•d al ¢o•i •nd $ts)$•ou•nty W•Uf•d rf ¢OSt or vu•bon, n•r ol dèprèci81,on and giy Impbiyneit ID56•6 DeprtCi•+on ry r•eogni$td lo • 10 wm• off Ihfr Of v•Iu•ii¢n of a111 l••i Ihw r•sidv•l v•lu•• owr Ih•lr useful Iiwel on lh• l)1 own9 b•M• •nl •nd •ouipm•ni 10% r•duvng bIr The gain oi 1055 ariwng on lh• di¥JoJ•I ol an 88sel Is delvmlned as V)• diller•nc• Delvrt•n In• •we prcwa• lh• rying Valu• ol Iho •ss•l, •nd r•cogni••d ir. tha sl•l•m•nl of acbvits•S. 17 Fli•d ••i•i InvMtm•nts FIAèU ass•1 Iri¥tslmenls are In1'8Wy mt•sur•(l al tr•s8ctlt>n pTrc¢ exclu4ip.g trapCtiO costs and ir• vAJb$equeT)Ily mea$vred ai foir ai each rèp)nin9 .Jale Ch8n98$ In lair vglJe oro i•cogiis•d In nii brM1•XdlIr•l for th• y••r. Tr•ns•aion costs are exp•• •• IncurT•d 1.8 Impalrrnent oi fix•d •••• At each feportini end dat• th• CIO r••-1 cai-yin9 #Mon..$ ol Ill lan9lbl• •gs•ts lo del•n771ne wtteih ihere Is oly iTr¢ico',ion Ihal ihoifj a$Trei8 h¥¥• iulerea 8n imp8'rm•nl If •ny su¢h Inthalion •xi$tS lh• fe¢OV•f•bl• •mouni of lh• •$Mi 1$ M01¢d In order io (leitrmine the exient ol me imp•Km•nt10sb Irf any). 1.9 C•sh ind cajh equlv•l•nl$ Ca5 &na -ash e4b ¥8 Èr'.g Irclud• ca•h In h#nd depo#rt• h•ld •1 c411 bonks. ¢ln•f $hOt1.i•rm Iiould nv•stm•n¥$ Wrtn original malvrill•$ ol tnr•• mmihs or l•s•, o•nk QVfdr•fts Bank overdr•ft8 Jre Ihin borrIng$ In cuTnE 118bil t es 1.10 Flnancial In$trum•nts Tie l) 1'.4s e e,-'.eY tj apply th• PfovIs)rn1 al S•ctiM 11 '8tsc Fin•n¢A91 In$irumoni$' •nd Sèction 12 '0th•r Fm•n¢ial In$irumwl$ I$•6. ol FRS 102 to all ol rts financial InstfLwn•nls. Financi41 Inslrum•nl9 Bre rowiis•d in tr• CIO'I bar sfi••l wh•n th• CIO b•cw• parry 10 I ¢¢ntr•¢tu•l yoviS)ns ol ilw In$trument Fin4no81 as$e',$ ana Ii•bilitio$ g'e olfsel 'hith tie nel arnourts pTerted .n the finawal $ialem•nl$ whèn 1$ a 1•gaiiy •n10fab11 n9b', la sei ine feco9n sea amounlg anc ihere Is 89 Inieniion ID $er.le on o nel ba518 ar to reali•e th• asset and &•ttl• th• Iiatslily wmuiian•ously
THE MERCERS HALL GLOUCESTER NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 30 JUNE 2024 Accountlng policl•i IContlnu•dl 8•5ic flft•ncl81 •ssetJ Bas. ljairial asse'.s wmlch indude debtors fjd ch ond bank bal&nces ar• inlIty m•a$ur•d at tran5aGbDn pr,c• Includina Iransxbon cos1$ and are 5ubwou¢nily ¢•fled at •moniSta cosr using the effcliV& Inre"e91 1p•:)d unl•s8 th• arran98m•Trl cons1.lJl•s a finan¢ig transln, wh8r8 tre Ir8nSOClion 1$ rne•iirett 01 Ihe pre$en'. ¢alue of rne lulure receipt5 discLwnted at a mafket rat• ol In1•$1 FinJnc.•l a$$•ts (#•uifièd u f•C•l¥8Dl• wiiryn y•af grfr nor amonigéd 8•slc Ilnan¢l•l Il•bllill•s Bas¢ firar.=ia Iiabi ,Iies i?¢lu#ing u•dllQ'$ and b•ryk loans wfy Ini1Tally recognised 8t Ir•r.sJth'on price LTle$s tre 8r'8ngement c¢.n$tilu;es a fin4p.cing tr8758Ction. the d8bl In$:rumtnt is m•asur•(J al Ihe p"esonl valJe o! ibe Idlur• payrn•nls discounled li • mwk•i fal• ol In1•r Fin•fjci•l b•bilili¢• d•S$.•d •• yy•ble within Me year are amcrti$80. Dfrbl In8lrum•nl6 or• $ubMqu•nly Cafn•Q 41 •mc>rtiMa ¢o•l. v•inq th• •ll•ctrv• Inl•r•$l r•lo mothod Trade ¢reaiior¥ are obiiytirffis t¢ pay ljr gooas tr S•tyiCéS Iha., hove tswi xquiitrJ In th• ordin¥y CO,Jis• ol 0g•ration• from suppliers AmoJnis paiablé are clas8ilithY 8$ crIp1 118biliiie$ If paymeni 1$ due w,Ihin o year Of less If nol Ihey are presentett 85 non-curre.Il Iiablifie5 Trade cre¢il.Jr¥ ar• fecouYis•d Inib•lly li tran0 prK• and •ub4•qv•nliy 115•abLW•O al •morti$•d c¢•1 u$ing lh• •ll•¢iiv• Ini•r•st o•r09nt1On of financial Il•bilrti•J Financial IiaOilifi•• •f• dw•cogni•ed Vtwi th• CIO'I Contr•cl1 ot4ig•tie41• ?xthr• or •f• diKh•fged or ¢4n¢•ll•a 1,11 employt• b•Dellt• Tie CLS.. J, ar y bT)LseO t10•Y entrtlmtrM i• r•g)wii•d In th• p•nod in Ih• •mploy••'s •wvlc•8 •r• r•c•iv•d T•rminalitsTr bonef11 r• r•¢tsJniMd ImmJi•l•ly ai •r ex0•1$e whéft ifj• CIO l• d•bMn$lr•bly ¢crfnmitt•d io t•min•t• in• •MpIotnI ol •r¢ wnph)ye• Of 10 proviae lefmimlion b•n•frt8. Crltl¢l a¢eountlng e•tlmal¢• •nd ludgèm•nt• In th• wppliulion pl th• CIO'I •ccourllng pJltA•, ITh• trui••s •f• r•quk•d w m•k• I)9•mInIs. e•tr'males •n¢ as$umoiion8 abtsul the carry n9 amouni of assets and '.i?bilile$ Ihjl Jre not Te4dily 4ppar•nl Irom olhèi •ource& Tne eslimJleJ 8nd •s$Krea 4ssutnptiais ba8&a on histor1 Oxpérl•n •nd oin¢r eOr% Inai •r• con8idèfed lo tse revanl AcTu81 result8 m•y diff6r from thesè esii-ae$ esiimte• •ThJ undedying •swmWns or• r•w•w•d w •n Ixwoing bi*A. R•w%l Io •¢¢OUnlin9 •$limal•% a'e r•¢trJniMd In ihe P•flt>l In wnich the estimate Is reviged vkne'e ?frJd reYi8ion affe$ ffily IITal pe-. ioj, ar 1.7 tn• pfj.-iDI o! th• ra'0n ftjlure périods Ihe '.ewi$..an aflecls ¢Jffeni lu.ure pvi¢48 Incom• from donatlons •nd l•gJclt• Unrèstricted Unrèslilctod lunds funds 2024 2023 Don8ied The Cross Key$ Ch•nly Tru51 90.249
THE MERCERS HALL GLOUCESTER NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024 Incom• Iroffl charilabl• acti¥itl•8 Unr•8trlci•d Unr••trict•d lunds fund5 2024 2023 Capllatlon chary•8 capi14rI cnaruos 20,380 In¢om• Irom Inv•stsn•nt• UnrMtrl¢t•t1 Unr••trlel•d lund• lund• X124 2023 Inc(#r• fr)m k$l•d InVm•nI1 Oth•r Incom• Unr••trlct•d Unr•stdct•d funds funds 2024 2023 C¢>mpeng•tion from b•nk R•t94 ol h••i & 119M 150 3,15¢ Exp•ndllur• on charll•ble •cllvlll H•idlng aG983 2024 Dlf•cI co8t8 D8pt•&41th Ind Imp•*m•rii Sharè ol Support •nd gov•manc• t08tB Ise• not• SupF¢rt 26.823 27819 Analysis by fund Ur'ec'.ri-'.&d u)os 27 819
THE MERCERS HALL GLOUCESTER NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 30 JUNE 2024 Net mov•m•nl in funds 2024 Tho n¢1 rnovmnl In furbd3 11 st41•d •ft•r ch•rgintyiu•oilingi Fées FalaDle for me Inoependeni examination ol the charty's fln•n¢iai $14l•m•N• Déwt¢i41ifM) ol 14ThgsDl• fix•d 8u•Is None ol ihe Irty$lees (or wy parncl cnn•cted thrffjl r•¢•iiod •ny r•mnlIOn or benofits from th• CIO &JflTr3 Ille y•¥ 10 Employ• Th• •¥•r•o• monlhly nurnb•r of employe• dunTrJ tne year wa• 2024 Nurnb•r Tol•1 Th•r• w•r• no •mploy••s nnu•l r•MUn•raln wai mor• In £80.OCIl 11 Oihtr •xp•ndltur• Unr•slrTrcl•d Unr•strict•d fund• fLbndg 2024 202J Olhw •xp•ndltur• 12 0•ln• and los••• on Inv••tm•nt• Unr•strict•d Unr•tslfiCt•d lund• lund$ 2024 2023 Rev•lualioo of Investrnenls 0.078 13 T•¥•tlon The k•rrty 1$ oxempt from rts aclyvth•s t4¢au$• •ll Its Inrne is Jppli•d for charrtabl• purpoMI
THE MERCERS HALL GLOUCESTER NOTES TO THE FINANCIAL STATEMENTS (CONTINUEDI FOR THE YEAR ENDED 30 JUNE 2024 14 Tangible fix•d u%•ts PliDt •qllipm*nt Cos1 AJ41".iona 10,888 At 30 June 2024 10.868 D•pr•ciatlon Ind impairm•nt DepreciAiion chAry•d In th• y•ar AI 30 Jun• 2024 CJrrylng imount Ai JLie 2024 9.872 15 Flx•+J ••••i In¥••lm•nt• Ll•ted Inv••tm•iil8 Cost or valu•llon A., l Jvl,, 2023 Adaili¢n$ V•lu•lrt ch•ng•9 50 Cp)O 1.078 AI 30 June 2024 58,078 C4rrylng amount At 3C, JJne 2,)24 $6.078 AI 20 Jun• 2023 18 Dtbiors 2024 Amounts l•lllng du• withln on• y••r" Olh•r thpbtorn 2,OC 17 Credrtor4-. •mount8 falllng du• withln on• y••r 2024 Other crediiorj 4,987 11
THE MERCERS HALL GLOUCESTER NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 30 JUNE 2024 18 Unr•8trlcl•O lunds The un'•vrted ljnds ol charity comprise tye un•xp•nd•d balgnces of dan4'4ions •nd gr•nis wbch v• not SLbj+¢l '.0 spteifrc ¢on¢ilions by donors aie gr8nrv& 48 to bow Iley may bé Jsed These include Oe$ign•ied luTrd8 which hov• b••n set a$1 Olrt of unre$irlcltra lund$ by th• trLt$reeg for gpecifjc rps. At l July 2023 Incomlng r•sourc• Rmourc •xp•nd•d Galn• and los¥•¥ AI 30 Jun• 2024 Gènér thJnds 114873 129,292) 8.078 91.359 19 R•lit•d party tr•n••¢tlon• Tb•r• w•r• ¢hKlo••bkn ieiat•4 p•ty ]r•nClIM1 durlnu th• y•ar12023 . 12