| Page | ||
|---|---|---|
| Trustees' report |
1-5 | |
| Statement of Trustees' | responsibilities | |
| Independent auditor's |
report | 7- 10 |
| Statement offinancial | activities | |
| Balance sheet | 12 | |
| Statement ofcash flows | 13 | |
| Notes to the linancial statements | 14-25 |
| Structure, governance and management The Trustees who served during the year and up to the date of |
signature | of the financial statements | were: |
|---|---|---|---|
| Giles Quarme BA Dip Arch Dip Con (AA) RIBA FRSA |
|||
| Anthony Peers MA FSA | |||
| Kathleen Fishwick MBE ATD Dip Con Studies (York) |
|||
| Leslie Du Cane BScADA | |||
| John Bold BAPhD FSA | |||
| Giles Adams BA MA | |||
| Jill Charmer MA FSA FRSA IHBC |
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| Merlin Cherry BAPhD FSA | |||
| Judith Cligman BA MA IHBC DMS Dip Cons (AA) Historic |
|||
| gardens and landscapes |
|||
| Edward Impey MA (Oxon) DPhil FSA FRHistS MClfA |
|||
| Robert Kindred MBE BAMRTPI IHBC |
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| Mr Ed Morton BEng CEng FICE IHBC CARE | |||
| Richard Pollard MA (Oxon) MA (Courtauld) |
(Resigned 26 January 2022) | ||
| Carole Ryan BScMA MClfA MRICS IHBC | |||
| Philip Thomas B Mus Dip Th St Hon RSAW | |||
| Roger Wools BArch PhD Dip Con Studies (York) RIBA IHBC |
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | |||
|---|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||||
| 2022 | 2022 | 2022 | 2021 | 2021 | 2021 | |||
| Notes | 2 | E | E | E | E | |||
| s | ||||||||
| Donations and | ||||||||
| legacies | 3 | 221,581 | 221,581 | 301,899 | 301,899 | |||
| Charitable activities |
4 | 44,300 | 43,478 | 43,478 | ||||
| Other trading act ivibes |
7,117 | 7,117 | 1,346 | 1,346 | ||||
| investments | 70,612 | 70,612 | 55,110 | 55,110 | ||||
| Total income | 299,310 | 343,610 | 358,355 | 43,478 | 401,833 | |||
| ~Ex &~en ~rn: | ||||||||
| Raising funds | 7 | 15,858 | 15,858 | 15,437 | 15,437 | |||
| Charitable activities |
8 | 153,045 | 44,300 | 197,345 | 177,530 | 43,478 | 221,008 | |
| Total expenditure | 168,903 | 44,300 | 213,203 | 192.967 | 43,478 | 236,445 | ||
| Net gains/(losses) | on | |||||||
| investments | 12 | (398,504) | (398,504) | 188,887 | 188,887 | |||
| Net movement | in | funds | (268,097) | (266,097) | 354,275 | 354,275 | ||
| Fund balances at 1 January | ||||||||
| 2022 | 3,0S5,221 | 3,085,221 | 2,730,946 | 2,730,946 | ||||
| Fund balances | at | 31 | ||||||
| December 2022 | 2,817,124 | 2,S17,124 | 3,085,221 | 3,085,221 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Notes | E | ||||||
| Fixed assets | |||||||
| Tangible assets | 14 | 3,075 | 1,021 | ||||
| Investment | property | 15 | 425,000 | 425,000 | |||
| Investments | 16 | 2,048,108 | 2,281,248 | ||||
| 2,476,183 | 2,707,269 | ||||||
| Current assets | |||||||
| Debtors | 17 | 30,146 | 45,724 | ||||
| Cash at bank and in | hand | 335,092 | 362,576 | ||||
| 365,238 | 408,300 | ||||||
| Creditors: | amounts | falling due within | |||||
| one year | 18 | (24,297) | (30,348) | ||||
| Net current | assets | 340,941 | 377,952 | ||||
| Total assets less current liabilities | 2,817,124 | 3,085,221 | |||||
| Income funds | |||||||
| Unrestricted | funds | ||||||
| Designated | funds | 20 | 8,600 | 8,600 | |||
| General unrestricted | funds | 2,808,524 | 3,076,621 | ||||
| 2,817,124 | 3,085,221 | ||||||
| 2,817,124 | 3,085,221 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| Notes | 6 | 6 | 8 | ||||
| Cash flows from operating | acdvltles | ||||||
| Cash generated from operations |
24 | 70,527 | 103,862 | ||||
| Investing | activities | ||||||
| Purchase | oftangible fixed assets |
(3,259) | (1,021) | ||||
| Purchase | of Investments | (236,878) | (654,826) | ||||
| Proceeds | from disposal of | investments | 71,514 | 70,033 | |||
| Investment | income recerved | 70,612 | 55,110 | ||||
| Net cash | used in Investing | activities | (98,011) | (530,704) | |||
| Net cash | used in Rnancinp | activities | |||||
| Net decrease in cash and |
cash equivalents | (27,484) | (426,842) | ||||
| Cash and | cash equivalents | at beginning | ofyear | 362,576 | 789,418 | ||
| Cash and | cash equivalents | at end of | year | 335,092 | 362,576 |
| Unrestiicted | Unrestricted | |||
|---|---|---|---|---|
| funds | funds | |||
| 2022 | 2021 | |||
| E | 9 | |||
| Donations Legacies |
and gift aid receivable |
12,207 159,752 |
15,670 250,192 |
|
| Subscriptions | -Annual | 46,622 | 32,432 | |
| Subscriptions | - Life | 3,000 | 3,605 | |
| 221,581 | 301,899 |
| 2022 | 2021 |
|---|---|
| 6 | |
| 43,478 |
| Unrestricted | Unrestricted | |||
|---|---|---|---|---|
| funds | funds | |||
| 2022 | 2021 | |||
| E | E | |||
| Publishers licencs |
fees | 1,651 | 888 | |
| Sale of publications | 216 | |||
| Other income | 4,028 | 308 | ||
| Income from | annual | lecture and events | 1,222 | 96 |
| Other trading | activities | 7,117 |
| Unrestricted | Unrestricted | ||
|---|---|---|---|
| funds | funds | ||
| 2022 | 2021 | ||
| E | E | ||
| Rental | income | 12,572 | 11,700 |
| Income | from listed investments | 57,529 | 43,404 |
| Interest | receivable | 511 | 6 |
| 70,612 | 55,110 |
| Unrestricted | Unrestricted | |||
|---|---|---|---|---|
| funds | funds | |||
| 2022 | 2021 | |||
| E | E | |||
| Investment | management | fees | 12,750 | 7,984 |
| Investment | property costs | 2,687 | 4,866 | |
| 15,858 | 12,850 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| E | 8 | |||
| Staff costs | 101,312 | 96,755 | ||
| Depreciation and |
impairment | 1,205 | 405 | |
| Premises | 12,176 | 6,360 | ||
| Insurance | 3,176 | 2,129 | ||
| Telephone | 3,609 | 1,469 | ||
| Postage and stationery | 1,016 | 1,537 | ||
| Website and ITcosts Staff travel expenses Journal |
2,808 165 |
4,235 | ||
| Typing services | 1,000 | |||
| Representations | of Charity | 678 | ||
| Joint committee | 400 | |||
| 11,909 | 9,621 | |||
| Magazine | 30,063 | 18,107 | ||
| Works ofreference | 507 | 787 | ||
| Events | 352 | |||
| Sundries | 5,292 | 1,267 | ||
| Casework costs | 6,833 | 9,600 | ||
| Famham costs | 582 | |||
| Rebrandlng costs |
59,100 | |||
| 180,663 | 214,042 | |||
| Share of support costs (see note 9) | 692 | 808 | ||
| Share ofgovernance | costs (see note 9) | 15,990 | 6,158 | |
| 197,345 | 221,008 | |||
| Analysis by fund |
||||
| Unrestncted funds Restricted funds |
153,045 | 177,530 43,478 |
||
| 197,345 | 221,008 |
| 9 | Support coats | Support coats | |||||||
|---|---|---|---|---|---|---|---|---|---|
| Support | Governance | 2022 Support costs | Governance | 2021 | |||||
| costs | costs | COSts | |||||||
| E | E | ||||||||
| Bank charges | 692 | 692 | 808 | 808 | |||||
| Audit fess | 4,650 | 4,650 | 4,410 | 4,410 | |||||
| Legal and | professional | 7,000 | 7,000 | ||||||
| AGM costs | 653 | 653 | 732 | 732 | |||||
| Trustees' | expenses | & | |||||||
| room hire | 3,652 | 3,652 | 981 | 981 | |||||
| Sundries | 35 | 35 | 35 | 35 | |||||
| 692 | 15,990 | 16,682 | 6,158 | 6,966 | |||||
| Analysed | between | ||||||||
| Charitable | activities | 692 | 15,990 | 16,682 | 6,158 | 6,966 |
| The average |
monthly number ofemployees during th |
e year was: | |
|---|---|---|---|
| 2022 | 2021 | ||
| Number | Number | ||
| Administration | |||
| Other | |||
| Total | |||
| Employment | costs | 2022 | 2021 |
| E | E | ||
| Wages and salanes Social security costs Other pension costs |
92,688 2,939 5,685 |
87,978 3,350 5,427 |
|
| 101,312 |
| Unrestricted | t/nrestrlcted | |||
|---|---|---|---|---|
| funds | funds | |||
| 2022 | 2021 | |||
| 6 | 6 | |||
| Revaluation | of | investments | (419,206) | 186,474 |
| Gain/(loss) | on | sale of investments | 20,702 | 2,413 |
| (398,504) | 188,887 |
| Tangible fixed assets | ||||
|---|---|---|---|---|
| Vestry Halt | Oflice | |||
| Ottlca 5 |
equipmontf | |||
| Cost | ||||
| At 1 January 2022 | 26,000 | 14,328 | 40,328 | |
| Additions | 3,259 | 3,259 | ||
| At 31 December 2022 | 26,000 | 17.587 | 43,587 | |
| Depreciation snd impairment |
||||
| Al 1 January 2022 | 25,999 | 13,308 | 39,307 | |
| Depreciation charged |
in the year | 1.205 | 1,205 | |
| At 31 December 2022 | 25,999 | 14,513 | 40,512 | |
| Carrying amount |
||||
| At 31 December 2022 | 3,074 | 3,075 | ||
| At 31 December 2021 | 1,020 | 1,021 |
| 15 | Investment | property | |
|---|---|---|---|
| 2022 | |||
| 6 | |||
| Fair value | |||
| At 1 January |
2022 and 31 December 2022 | 425,000 |
| Listed | |
|---|---|
| investments | |
| E | |
| Cost or valuation | |
| At 1 January 2022 | 2,281,248 |
| Additions | 236,878 |
| Valuation changes Disposais |
(419,206) (50,812) |
| At 31 December 2022 | 2,048,108 |
| Canying amount |
|
| At 31 December 2022 | 2,048,108 |
| At 31 December 2021 | 2,281,248 |
| Debtors | |||
|---|---|---|---|
| 2022 | 2021 | ||
| Amounts falling due within one yean |
E | E | |
| Other debtors | 24,242 | 40,565 | |
| Prepayments | and accrued income | 5,904 | 5,159 |
| 45,724 |
| Crodltom: amounts f |
alling due within cne year | ||
|---|---|---|---|
| 2022 | 2021 | ||
| 8 | E | ||
| Other creditors | 8,543 | 9,241 | |
| Accruals and deferred | income | 15,754 | 21,107 |
| 24,297 |
| Movement | Movement | in funds | ||||
|---|---|---|---|---|---|---|
| Balance at | Balance at | |||||
| 1 January | Incoming | Resources | 31 December | |||
| 2022 | resources | expended | 2022 | |||
| 8 | 8 | 8 | ||||
| Historic England | re casework | 42,219 | (42,219) | |||
| Cadw re casework | 2,081 | (2,081) | ||||
| 44,300 | (44,300) |
| Balance at | Balance at | ||||
|---|---|---|---|---|---|
| 1 January | Incoming | Resources | 31 December | ||
| 2021 | resources | expended | 2021 | ||
| 8 | E | E | |||
| Historic England | re caseworK | 41,220 | (41.220) | ||
| Cadw re casework | 2,071 | (2,071) | |||
| 43,291 | (43,291) |
| Movement | Movement | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| In funds | in funds | ||||||||||
| Balance at 1January 2021 |
Incoming roscurcest |
Balance at January 2C22 |
Incoming resources |
Balance at 21 December |
|||||||
| 2S22 | |||||||||||
| 8 | |||||||||||
| Vestry Hall | Refurbishment | 6,137 | 6,137 | 6,137 | |||||||
| Investment | Property | Fabric Fund | 2,463 | 2,463 | 2,463 | ||||||
| 8,600 | 8,600 | 8,600 | |||||||||
| 21 | Analysis of net assets | between | funda | ||||||||
| Unrestrtcted | Restricted | Total | Unrestricted | Restricted | Total | ||||||
| funds | funds | ||||||||||
| 2022 | 2022 | 2022 | 2021 | 2021 | 2021 | ||||||
| 8 | 8 | 8 | 6 | 8 | 8 | ||||||
| Fund balances at 31 | |||||||||||
| December | 2022 are | ||||||||||
| represented | by: | ||||||||||
| Tangible assets | 3,075 | 3,075 | 1,021 | 1,021 | |||||||
| Investment | properties | 425,000 | 425,000 | 425.000 | 425,000 | ||||||
| Investments | 2,048,108 | 2,048,108 | 2,281,248 | 2,281,248 | |||||||
| Current assets/(liabilities) | 340,941 | 340,941 | 377,952 | 377,952 | |||||||
| 2,817,124 | 2,817,124 | 3,085,221 | 3,085,221 |
| 2022 | 2021 |
|---|---|
| 8 | |
| 50,130 |
| 24 | Cash generated from operations |
2022f | 2021 f |
|||
|---|---|---|---|---|---|---|
| (Deficit)/surpus for the year |
(268,097) | 354,275 | ||||
| Adjustments for: |
||||||
| Investment income recognised in statement |
offinancial | actwities | (70,612) | (55,110) | ||
| Gain on disposal of investments | (20,702) | (2,413) | ||||
| Fair value gains and losses on investments | 419,206 | (186,474) | ||||
| Depreciation and impairment of tangible |
fixed assets | 1,205 | 405 | |||
| Movements in working capital |
||||||
| Decrease/(increase) in debtors |
15,578 | (14,317) | ||||
| (Decrease)/increase in creditors |
(6,051) | 7,496 | ||||
| Cash generated from operations |
70,527 | 103,862 | ||||
| 25 | Analysis ofchanges in net funds |
|||||
| The Charity had no debt dunng the year. |