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|Reference and Administrative<br>Details|Reference and Administrative<br>Details||
|---|---|---|
|Trustees' Report||2 to 9|
|Independent<br>Examiner's|Report|10|
|Statement ofFinancial|Activities||
|Balance Sheet||12|
|Notes to the Financial|Statements|13to 22|





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|||||Unrestricted|Total|Total|
|---|---|---|---|---|---|---|
|||||funds|2023|2022|
||||Note||||
|Income and Endowments||from:|||||
|Donations<br>and legacies||||50,299|50,299|35,918|
|Charitable<br>activities||||65,899|65,899|75,882|
|Other trading activities||||12,351|12,351|10,399|
|Investment<br>income||||26,038|26,038|24,292|
|Total income||||154,587|154,587|146,491|
|Expenditure<br>on:|||||||
|Raising funds||||(5,894)|(5,894)|(4,308)|
|Charitable<br>activities||||(279,493)|(279,493)|(563,544)|
|Other expenditure||||(445)|(445)|(709)|
|Total expenditure||||(285,832)|(285,832)|(568,561)|
|Gains/(losses)<br>on investment||assets||71,687|71,687|(137,682)|
|Net expenditure||||(59,558)|(59,558)|(559,752)|
|Net movement<br>in funds||||(59,558)|(59,558)|(559,752)|
|Reconciliation<br>offunds|||||||
|Total funds brought|forward|||1,018,048|1,018,048|1,577,800|
|Total funds carried|forward||18|958,490|958,490|1,018,048|





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|||Balan|ce Sheet as at 31|December 2023|||
|---|---|---|---|---|---|---|
||||||2023|2022|
|||||Note|||
|Fixed assets|||||||
|Investments||||13|851,825|780,138|
|Current<br>assets|||||||
|Stocks||||14|15,318|16,040|
|Debtors||||15|9,402|1,706|
|Cash at bank|and in hand|||16|101,629|221,464|
||||||126,349|239,210|
|Creditors: Amounts||falling due within|one year|17|(19,684)|(1,300)|
|Net current|assets||||106,665|237,910|
|Net assets|||||958,490|1,018,048|
|Funds ofthe|charity:||||||
|Unrestricted|income|funds|||||
|Unrestricted|funds||||958,490|1,018,048|
|Total funds||||i8|958,490|1,018,048|





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||||Unrestricted||
|---|---|---|---|---|
||||funds|Total|
||||General|2023|
|Donations|and|legacies;|||
|Subscriptions||and donations|13,299|13,299|
|Legacies|||34,797|34,797|
|Gift aid|reclaimed||2,203|2,203|
||||50,299|50,299|
||||Unrestricted||
||||funds|Total|
||||General|2022|
|Donations|and|legacies;|||
|Subscriptions||and donations|15,190|15,190|
|Legacies|||18,625|18,625|
|Gift aid|reclaimed||2,103|2,103|
||||35,918|35,918|





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|Income|from charitable<br>activities|||
|---|---|---|---|
|||Unrestricted||
|||funds|Total|
|||General|2023|
|Recove&y|ofVAT|65,899|65,899|
|||Unrestricted||
|||funds|Total|
|||General|2022|
|RecoveIy|ofVAT|75,882|75,882|



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|4<br>Inco|me from other trading<br>activities|||
|---|---|---|---|
|||Unrestricted||
|||funds|Total|
|||General|2023|
|||g||
|Trading|income;|||
|Sales|ofpublications|11,091|11,091|
|Events|income;|||
|Other|events income|1,260|1,260|
|||12,351|12,351|
|||Unrestricted||
|||funds|Total|
|||General|2022|
|||K||
|Trading|income;|||
|Sales|ofpublications|9,657|9,657|
|Events|income;|||
|Other|events income|742|742|
|||10,399|10,399|





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|||Unrestricted||
|---|---|---|---|
|||funds|Total|
|||General|2023|
|Interest receivable|and similar income;|||
|Interest receivable on bank deposits||2,653|2,653|
|Other income I'rom|fixed asset investments|23,385|23,385|
|||26,038|26,038|
|||Unrestricted||
|||funds|Total|
|||General|2022|
|Interest receivable|and similar income;|||
|Interest receivable on bank deposits||997|997|
|Other income fiom|fixed asset investments|23,295|23,295|
|||24,292|24,292|



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|a) C|osts oftra|ding<br>activities|||
|---|---|---|---|---|
||||Unrestricted||
||||funds|Total|
||||General|2023|
|Costs|ofgoods|sold|4,730|4,730|
||||4,730|4,730|
||||Unrestricted||
||||funds|Total|
||||General|2022|
|Costs|ofgoods|sold|3,299|3,299|
||||3,299|3,299|





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|Unrestricted||
|---|---|
|funds|Total|
|General|2023|
|1,164|1,164|
|Unrestricted||
|funds|Total|
|General|2022|
|1,009|1,009|



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|7<br>Expendi|tur|e<br>on charitable<br>activities||||
|---|---|---|---|---|---|
|||||Unrestricted||
|||||funds|Total|
|||||General|2023|
||||Note|||
|Grant funding||cfactivities||276,593|276,593|
|Governance|costs|||2,900|2,900|
|||||279,493|279,493|
|||||Unrestricted||
|||||funds|Total|
|||||General|2022|
||||Note|||
|Grant funding||ofactivities||561,624|561,624|
|Governance|costs|||1,920|1,920|
|||||563,544|563,544|





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|||||Unrestricted||
|---|---|---|---|---|---|
|||||funds|Total|
|||||General|funds|
|Independent<br>examiner's||fee||||
|Examination|ofthe financial||statements|2,900|2,900|
|Total for 2023||||2,900|2,900|
|Total for 2022||||1,920|1,920|



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|Other investments|||
|---|---|---|
||Listed||
||investments|Total|
|Cost or Valuation|||
|At 1 January 2023|780,138|780,138|
|Revaluation|71,687|71,687|
|At 31December 2023|851,825|851,825|
|Net book value|||
|At 31December 2023|851,825|851,825|
|At 31December 2022|780,138|780,138|
|14 Stock|||
||2023|2022|
|Stocks|15,318|16,040|
|15 Debtors|||
||2023|2022|
|Other debtors|9,402|1,706|
|16 Cash and cash equivalents|||
||2023|2022|
|||g|
|Cash at bank|101,629|221,464|





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|17 Creditors:|amounts<br>fall|ing due vvithtn<br>o|ne year|||||
|---|---|---|---|---|---|---|---|
|||||||2023|2022|
|Other creditors||||||17,584||
|Accruals||||||2,100|1,300|
|||||||19,684|1,300|
|18 Funds||||||||
|||||||Other|Balance at31|
|||Balance|atI|Incoming|Resources|recognised|December|
|||January|2023|resources|expended|gains/(losses)|2023|
|Unrestricted|funds|||||||
|General||1,018,048||154,587|(285,832)|71,687|958,490|
|||||||Other|Balance at 31|
|||Balance|at 1|Incoming|Resources|recognised|December|
|||January|2022|resources|expended|gains/(tosses)|2022|
||||||||g|
|Unrestricted|funds|||||||
|General||1,577,800||146,491|(568,561)|(137,682)|1,018,048|



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|19 Anal|ysis ofnet assets betvveen<br>funds|||
|---|---|---|---|
|||Unrestricted|Total funds at|
|||funds|31December|
|||General|2023|
|Fixed asset investments||851,825|851,825|
|Current|assets|126,349|126,349|
|Current|liabilities|(19,684)|(19,684)|
|Total net assets||958,490|958,490|
|||Unrestricted|Total funds at|
|||funds|31December|
|||General|2022|
|Fixed asset investments||780,138|780,138|
|Current|assets|239,210|239,210|
|Cutrent|liabilities|(1,300)|(1,300)|
|Total net assets||1,018,048|1,018,048|





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|20 Analysis ofnet funds|||||
|---|---|---|---|---|
|||||At 31|
||At 1January|Financing|cash|December|
||2023|flows||2023|
|||||f.|
|Cash at bank and in hand|221,464|(119,835)||101,629|
|Net debt|221,464|(119,835)||101,629|
|||||At 31|
||At 1January|Financing|cash|December|
||2022|flows||2022|
|Cash at bank and in hand|642,830|(421,366)||221,464|
|Net debt|642,830|(421,366||221,464|





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|Detailed Stateme|n|t o|fFinancia|l Activities for the|Year Ended 31December|2023|
|---|---|---|---|---|---|---|
||||||Total|Total|
||||||2023|2022|
|Income and Endowments|from:||||||
|Donations<br>and legacies (analysed|||below)||50,299|35,918|
|Charitable<br>activities (analysed||below)|||65,899|75,882|
|Other trading activities<br>(analysed|||below)||12,351|10,399|
|Investment<br>income (analysed||below)|||26,038|24,292|
|Total income|||||154,587|146,491|
|Expenditure<br>on:|||||||
|Raising funds (analysed<br>below)|||||(5,894)|(4,308)|
|Charitable<br>activities (analysed||below)|||(276,593)|(561,624)|
|Other expenditure<br>(analysed|below)||||(445)|(709)|
|Governance<br>costs|||||(2,900)|(1,920)|
|Total expenditure|||||(285,832)|(568,561)|
|Gains/(losses)<br>on investment||assets (analysed||below)|71,687|(137,682)|
|Net expenditure|||||(59,558)|(559,752)|
|Net movmnent<br>in funds|||||(59,558)|(559,752)|
|Reconciliation offunds|||||||
|Total funds brought<br>forward|||||1,018,048|1,577,800|
|Total funds carded forward|||||958,490|1,018,048|





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|||Total|Total|
|---|---|---|---|
|||2023|2022|
|Donations<br>and legacies||||
|Legacies and bequests||34,797|18,625|
|Subscriptions<br>and donations||13,299|15,190|
|Gift Aid tax reclaimed||2,203|2,103|
|||50,299|35,918|
|Charitnble<br>activities||||
|VAT recovered||65,899|75,882|
|||65,899|75,882|
|Other trnding<br>ncti vities||||
|Sales ofpurchased<br>goods||11,091|9,657|
|Wells trip (2022 Salisbmy)||1,260|742|
|||12,351|10,399|
|Investntenti<br>nconie||||
|Income fiom listed investments||23,385|23,295|
|Interest on cash deposits||2,653|997|
|||26,038|24,292|
|Raising fimds||||
|Opening<br>stock||16,040|15,056|
|Purchases||4,008|4,283|
|Closing stock||(15,318)|(16,040)|
|Printing,<br>postage and|stationeiy|173|335|
|Sundry expenses||931|592|
|Bank charges||60|82|
|||5,894|4,308|
|Charitable<br>activities - Upkeep ofSherborne Abbey||||
|Quinquennial<br>repairs|and minor works|52,871|17,250|
|Heating project||36,490|325,511|
|Lighting project||142,890|158,479|
|Fire alarm replacement||1,032|29,137|
|Toilets - preliminary|consultation|7,579|16,547|
|Insurance<br>contribution||13,190|12,000|
|Return ofVAT to Abbey||1,841|2,700|
|Grants payable<br>—institutions||20,700||
|||276,593|561,624|





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|||||||Total|Total|
|---|---|---|---|---|---|---|---|
|||||||2023|2022|
|Governance||costs||||||
|Independent||examiner's|fee|||2,900|1,920|
|||||||2,900|1,920|
|Other expenditure||||||||
|Wells trip (2022 Salisbury)||||||445|709|
|||||||445|709|
|Gains/(losses)||on investment|||assets|||
|(Loss)/gain|on programme|||related investments||71,687|(137,682)|