2022-12-31-accounts - The Plymouth Barbican Trust Limited

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		For	The Year Ended 31 Decemb	er 2022
				31.12.22	31.12.21
				Unrestricted	Total
				funds	funds
			Notes	F	2
INCOME AND ENDOWMENTS		FROM
Investment income				206,758	185,224
EXPENDITURE ON
Raising funds				54,048	30,467
Charitable activities
Preservation of historic property				100,538	92,750
Total				154,586	123,217
Net gains on investments				15,885	685
NET INCOME				68,057	62,692
RECONCILIATION	OF FUNDS
Total funds brought	forward			3,004,440	2,941,748
TOTAL FUNDS CARRIED FORWARD				3,072,497	3,004,440

The Pl out	h Barbican Trust Limited R istered numb	er: 00593444
	Balance Sheet
	31 December 2022
		31.12.22	31.12.21
		Unrestricted	Total
	Notes	funds 6	fundsf
FIXEDASSETS
Heritage assets		20,000	20,000
Investment property		2,675,000	2,658,640
		2,695,000	2,678,640
CUR RENT ASSETS
Debtors	10	142,694	129,233
Investments	11	2,700	3,175
Cash at bank and in hand		265,968	222,655
		411,362	355,063
CREDITORS
Amounts falling due within one year	12	(33,865)	(29,263)
NET CURRENT ASSETS		377,497	325,800
TOTAL ASSETS LESSCURRENT	LIABILITIES	3,072,497	3,004,440
NET ASSETS		3,072,497	3,004,440
FUNDS	13
Unrestricted funds		3,072,497	3,004,440
TOTAL FUNDS		3,072,497	3,004,440

Investment management	Investment management		costs	costs
							31.12.22 f	31.12.21 f
Property management	fees						18,836	16,788
Cleaning							1,032	1,032
Rates and water							3,130	6,968
Light &heat							852	376
Legal and professional	fees						4,154	5,303
Bad debts							26,044
								30,467
CHARITABLE ACTIVITIES			COSTS
Preservation of historical		properties					31.12.22 f	31.12.21 f
Building maintenance							58,065	49,491
Elizabeth Garden upkeep							6,269	3,737
Insurance							21,056	21,809
Contribution to Giants of		the Hoe project						5,000
Governance costs							15,147	12,713
							100,537	92,750
NET INCOME/(EXPENDITURE)
Net income/(expenditure)		is stated			after charging/(crediting):
							31.12.22	31.12.21
								f
Independent examination		costs					1,300	1,300
TRUSTEES' REMUNERATION				AND BENEFITS
There were no trustees'		remuneration or other benefits					for the year ended 31 December 2022 nor for the y
ended 31 December 2021.
Trustees' expenses
D Buckingham was reimbursed				for	expenses	during the	year as follows
							2022	2021
							f	f
Travel							247	225
Printing, postage, stationery							110	100
Meetings							37	43
Telephone & IT							325	325
Staff and volunteers entertainment					and gifts		49
Total							768	693

FINANCIAL INSTRUM	ENTS
The canying amounts	ofthe	company's		financial	instruments	are as follows:
							2022	2021
Financial assets							8	F
Measured at fair value	through		net income Iexpenditure
Current asset listed investments							2,700	3,175
Debt instruments measured		at	amortised	cost
Trade debtors							166,736	129,233
Prepayments							2,003
Cash at bank							265,967	222,655
							434,706	351,888
Financial liabilities
Measured at amortised	cost
Trade creditors							3,390
Accruals and deferred	income						18,543	17,716
Accrued expenses							3,454	4,037
VAT							8,478	7,510
							33,865	29,283
HERITAGE ASSETS
								Total
								f
MARKET VALUE
At 1 January 2022 and	31 December 2022							20,000
NET BOOK VALUE
At 31 December 2022								20,000
At 31 December 2021								20,000

									31.12.22	31.12.21
									6	f
Trade debtors									56,834	64,199
Other debtors									83,857	65,034
Prepayments and			accrued		income				2,003
									142,694	129,233
CURRENT ASSET INVESTIIIIENTS
									31.12.22	31.12.21 f
Listed investments									2,700	3,175
CREDITORS: AMOUNTS					FALLING DUE		WITHIN ONE YEAR
									31.12.22	31.12.21
										f
Trade creditors									3,390
VAT									8,478	7,510
Accruals	and deferred			income					18,543	17,716
Accrued	expenses								3,454	4,037
									33,865	29,263
Deferred	income		relates to		rental income		recognised	over the lease contract period.
Deferred	income		reconciliation:
									31.12.22	31.12.21
									F	f
Balance	brought	forward							17,716	15,613
Amount	released		to statement			offinancial	activities		17,716	15,613
Amount	deferred		in the	year					18,543	17,716
Balance	carried forward								18,543	17,716

Compara	tive	net movement in funds	, included in the above are	as follows:
			Incoming	Resources	Gains and	Movement
			resources	expended	losses	in funds
				E	E	6
Unrestricted		funds
General	fund		185,224	(123,217)	685	62,692
TOTAL	FUNDS		185,224	(123,217)	685	62,692