REGISTERED COMPANY NUMBER: 00611761 (Engl•Dd •fid W•les)
REGISTERED CHARrrY NUMBER: 121623
REPORT OF THE TRusfEES AND
UPIAUDtrED FZNANCIAL STATEIIEIITS FOR THE YEAR ENDED 311)ECEMBER 2024
FOR
UMITED
Unit 2.02 H￿h Weakl Hwse
Gk)¥ers E￿fj
Be¥hdl
TN39 SES

OLD HASMIGS PRESERVATION SOCIETY LfMrrED
CONTEIITS OF THE FIIWICIAL STATEMEIITS
FOR ThE YEAR ENDED 31 DECEMBER 2024
Ito3
Inde￿tht E¥Amlnerfs RekKrt
balan￿ Sheet
7t08
9t013
t*tslled Statement of FIna￿l
14

OLD HAsfiNGS PRESERVATION soaEfY UMTFED
REPORT OF ThE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
The tnth, are a19) dKect(n cl ￿ dwrity ts the FwrpJses ￿ the compan￿ pl12￿. ￿￿E￿t rerxrt with
the finandal statements rf the thaiity for Ihe year end&J 31 December 2024. The trustee5 have alorted the FYovision5
of AccountlThJ and Retth'rvJ ty Charibe5". stster[￿t of Reccrfnn*n(Jed PfftlKe ap￿Kable to tharttre5 txeparing their
accourts in accordan￿ vith the Fnaroal Strthrd a￿tible in the UK and IWblK of I￿18¢¥j (FRS 102)
leffective l January 2015).
OBJEcfIvES AND ACllVmES
ObJ•ctlv•o and •lm•
of, for ter*fft of the Naik)n. tMJlhJiNJs (* iwuty or hist(*kal in*Te5t and In partthkr, tyjlkjlngs In the P￿rOUgh
of HasUNJs; aThJ to fo* an awedakn (rf the try•vn ￿ H05tW aTrJ to ￿e$eThe eVth￿e of that htstory,
Slgnlflc•Dt •cUvltl
These objertives are achithd ty the cr￿￿1 d Managen*rt wlKIFo1 actts; to er￿c￿rage
arthrtecture, de5hJn aThl r4annlThJ in the trm, partk)Jkrty In deggnttd tonservation area5. to opp)se
Inapprowkte de￿*￿￿nts likety to histOFical tharpthr d tre tcrNn: to orerate and manage the
Flshem)en's MLL8eum, to manage lfv HastirKJs House fly researth, thway aThJ assooknj use Js set out In the
tr￿1￿$ objects: and to c(thlnats the C4d T¢)*￿ (￿ntrAl Vleek w4rnmme.
Publlc b•n•fft
The Council of Managemwt halt regard ts) tr* Owrity Qx￿M￿s￿X￿rf gUkJa￿e cm wblt tenefft Jnd o)nslder the
provis1￿ of free access to Hastings History and the F￿heM￿n,$ Museum the reseatrh seMce5 kvDvlded
fuffil thls. Tr F6shem*nS Mu*um weserye5, recryts aThJ exhlbits all a9Je(ts (rf ￿ HastlrwJ5 fishlr¥J industy Past and
present and OFen5 dally. wittiln its oftkes at the Ha￿r￿J5 H15tryy Hwse, 21 c￿th￿Se Stree¢ h¢)uses an
arthlve ￿￿vant to ￿ hi#ory of Hastings runs a FYr)Jrnmme cl tha￿J1￿j exhitxtion5 during the year. Thi5
Is oFen three days a b%tek disF4w'ro exhibkn"¢Y6 of Ihe tth•m's hthry and wekomlng ￿5rt￿5. Pthl venues have staff
and volunteers to answer erqulries a￿1 offer an eynail aryl 5eryKe the sème. tknatths are enccAJrèged. GukJ8J
walks and tslks a￿ wJan15ed at and frryn t(rth ven￿. We hehj our AGM Hlstcry Hwse in June follNed bv
tslk on a ktal tl)ctcgr*r of the 18&Js was a150 on disth. The h￿s￿e and 5cnal media prese￿¢
crntsnues to be ypjated, malntsin&J ard wd.
ACHIEVEMEiif AND PERFORM
Charltsble athlile•
The Sctw ￿ty"nueS to conserye Its ￿llect￿$ ar￿ uillise exhiL¥tths, èjucatlcm and events. Emall and
tekphone eroulrles con￿n￿ and have F¢Y•g'trAe. Many of enqulrles come frryn Icol
Idents intsrested In hlskny. walks programme ccotr"nue5 to te Fwlèr. ecth the F￿heMen,$ M[￿um and
the Hlstory House are sUP￿¥ted ty vc4unteers. We l*ld wr AGM in June fcllTh￿d ty a tslk. Vclunteers c(￿'nUe to work
on Exp￿n9 Hlstory in Hasilngs Cemetery . further r￿￿arch aThJ rttrYdiThJi updab'ng tr* webslte, an5￿￿r￿J erqulres
tsklng gulded walk5 contlnues. We ccrtnue mak*8 plaMINJ matters wtroJE iPFlkatk and hal
a ￿￿eSents￿ve on the Coastal User5 Group.
FINANCIAL REVIEW
Prlndpal lundlng •ouvc••
I￿r primary Income ts from publK Msthrs to our Muse￿, History House from
fvndrai4ng. Irthme also artses from invest￿ts with COIF.

REPORT OF THE TRUSTEES (cont)
FOR ThE YEAR ENDED 31 DECEMBER 2024
InvegtThnt pollcy •nd obJethes
The Council of Management has the sc(Ws Invests￿ w6th the COIF Chartt*s ￿Jnts man&Jed by
CCLA Investment Man4ement Ltd. The Is destyned to fv caixtsl grcAth aThJ rt￿n9 i￿ome o*r tlme. The
xmrfdio is inve*d mainty in o]uibes txtt will also fix8J 4tterest sa)JritE5
proFety and cther assets.
The Councll of Managemerts to retam resernts necessary to the cost of repairs
Maintenan￿ to its aThJ knehold aThd to the day to day rUnI￿n9 crtsts ￿ the ￿shem￿'S
Museum and Hasiings Hi*ory HoLLfe for a FerKrfl of rThkn.
FIITURE PLANS
We a￿ On￿ again planniThJ a fvll rTrJramme of walks for 2025. We (C￿tinUe lo mwitor planning app1Katy￿S
and contr*bute to relevant kxal Ille also LThtinL* to trganlse cc4ecyth of Memorn￿lIa and Make
content of fv Museums more ￿C￿ble. Researth cwrtinues. e￿Ul￿e$ answe￿￿. and the websttes develoO. In 2024
2,651 re0￿ visrted the History House aTrJ 95,020 the FI5￿,9 Mwum. We have a ShipkeeFer at the
Fl$hem￿n.5 Museum. a￿1 a fresh eye on V41* he can offer. N￿1 wlLrteu5 are welc(wned. We C<￿￿n￿e to
attrart enqulrks workJwKle. We cl￿n￿e trJ with crtlv k(al xKieties and crtlv axnmunty groups. pathsarty In
prfyjudng a proJrnmme for tr* annth￿ CAd T(h•n CamNal WeeL The C4yJKJI d Manèjement contlnue to seek
enthuslastt ènd s￿1￿￿ trLtstee5.
srRucfuRE, GOVERNANCE AND PIAIIAGEMeprr
Governlng docum•nt
The organisatK)n is a tharltable company limlted by guarantee. Ir￿l￿￿>ated w¢ 24 Sek*eM￿r 1958, vthlch trA)k over the
of the soc*ty whth had been four*Jed kn 1952. It w*ered as a cffl 10 January 1964.
R•crullment and appolntm•nt al CwTrdl ol M•n•pm•
The trustees are also directors of the tharity Ic( the wrk))ses of Ccffipanies kt 2C￿ are known as memt*5 of the
Coundl of ManagemenL Under the requirements of M&iKxandum aThJ Artth of Asx*iation the members of the
Coundl of Marogement are e*ed to serve fc* a of three years afttr whhth tty musl be re￿￿¢ted at the ne*c
annual gereral meedng. Ml mem￿r5 of the CwrKiI of ManJJeffent 9lve thelr tfime ￿4￿ntr￿ty afKI recefve no ber*ffts
from the charity. New trLty are apkKynbJ from n￿￿tr￿ShIp. a￿1 the Cwndl of Management seeks recruits wtrh)
have tt* apyopriate trthnKal thlls and kn w*riertt. The CC￿￿)1 of Manageth held fNe meetlngs in 2023
addthi to the AGM.
Try•tw InduLllon •nd tr•lnlffiJ
Trustee5 are familwr the p¥actical of the tharity TxOsFecti￿ Inth are given detsils of Its dutie5 and
responsih'llties of the colw￿S c¢ the CouKil d Mana9effwrt rr*mbers, the ￿nCiple ¢Sxuments whth set c￿rt the
0￿erat￿nal lrnm&srfk for the charity indL*Jlng the M￿￿￿a￿lum and Artide5, re&￿rtir8 arKI ojrrent fifta￿l roslkn
as set rArt In the latest finarK)￿ ststements to￿1 with ￿ futu￿ F4ans a￿1 obJ&*¥es.
Rlsk mJn•gement
The CounOI of Management uftde￿ a rern1uai1c￿ of a55ets In 2019 r￿Ik￿nt In thek rtsk mjrwpment
P￿￿e5.

REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEIIBER 2024
REFERENCE AND ADMINisfAATIVE DÉTAILS
Cth11762 (England and Wales)
221623
H*￿ING5
East Sys%x
TN34 3A
Mr D F Colllns
Mr J R Breeds
Mrs J H Cublson
MIDJADeeks
Prof M Hunter
Mr S Peak
Mrs C A Porter
Mts A E Scott MBE
Comp•ny S•c¥•t•ry
Mr5 C A Pryter
Ind•p•nd•nt *x*fflln•r
Aculty Prof￿￿Onal Pathershlp LLP
Unit 2.02 Hlgh Weakl House
Gthers ETr
Bexhill
East Sussex
TN39 SES

FOR THE YEAR EI4DED 31 DE￿MBER 2024
The trustees (wh) a￿ atso tr* dir&ty5 cl ￿ Hastirrfjs Llmitul for of (tyn￿1r￿ Lryw)
a￿ reswngtk fty W￿￿rir￿j ￿ Repjt of Tn&ees arK1 the fina￿￿1 In with aroicat4e law
nd Untsj Kil￿￿) A£cLMJntiNJ gatNdallls (LkMt8Y Im)unting PractKe) Finandal
Repjt'ry StsTh1a￿ 102 Tr F￿0Th)a1 Rqyytir4 SiaThJart a￿atrIe in the UK aThJ IrdaTrJ"
nrkiny law Wltires trE tnstees to F¥e￿ire finaTh)al Statts)￿￿ whth a lJue aThJ faK vM¥
LY the state Crf affai￿ rf tharI￿tle C￿n￿rry ark1 cl the IrrLynir¥J a￿titiOn of resour￿5, InclLNJlrrfJ
trustees are re]uira1 to
obseNe tt* afKI in tts Owity W;
rx1 ewalwl In ￿ fir53rthl
chaniat4e c￿n￿nY cryrtlnL* In bJsth&s.
the financbal pjgtion of the d￿ntat￿e conpany to effii* tjvn to erni￿ th)t the I￿a￿JaI 5tat8nents comr4y wrth
tt* Co)1pan￿ Art 2CIK are *50 saf8JLwthrwJ tr* a55ets rrf the olartatAe company and he￿e for
ReFAYt d tt
dlreLtor5, on I
Mrs A Scrtt MBE.Trn

INDEPENDENT EXAMINER'S REPORT TO THE TRiJsfEES OF
OLD HASTINGS PRESERVAnON SOCIEfY LIMITED
I rewrt to the dwrlty tru5tee5 my exaMInati￿ entsl 31 f*cwnber 2024.
A5 the d￿rty5 trustets ofthe Company (and akn 15 direLt(Ys fty the wrp)5es (rf crynpany law) ycw are reS[K￿1ble for
HavlrKJ satisf￿￿ mpll that the x((NJnts C(*nFfjry are req￿￿ to uTrler Part 16 of ￿ 2C06 Act
Kl are el￿ble for IndeFendent ey4mlnati)n. I rewt In nry e¥wnln*k)n dwrws accwnts as cwr*d
¢>Jt under secto￿ 145 of the Chattses Act 2011 Cthe 2011 W. In caryiThJ Lxrt my examhth I h)ve frA1Cw￿ the
tlrKfjons ghon by the (harity Comnlth se(tkn 14515) {b) rf the 2011 *AI
l. Acc<yJntyTrJ rncclds IK* kew kn iesr*tt CLryany as iewred ty sethjn 386 dthe 2￿6 Act. or
examlnthn; or
Recommerthd PrnctKe fry tt* ￿C￿nth¥j arKF repth Iy thaiitle5 latwtatle to dwrMk5 kYepartn9 thelr
aCco¢￿ts In acc¢¥th￿e FIna￿l01 RerMyty'rwJ Stsrmlèrd awlKable In the UK and Rep(i4t of Irekirxl (FRS
102)J.
Debjrnh Haryreaves
¥•4)Jty Prufessh)nal Partsv5hlp LLP
Ltr4t 2.02 Htgh Weakl H(MJse
IN
Th39 SES

OLD NASTINGS PRESERVATION SOCIETY LTD
srATEMEKf OF FIIIANCZAL Acllv￿ FOR THE YEAR ENDED 31 DECEMBER 2024
Totsl
Fur*Js 2023
Funds
Fun(ts
Fund5 2024
114COME AND ENDOWMEIITS frnm
LcKal Authority Chmire Qonts
42.476
43,277
2.610
2,610
Investrnent Incr¥ne
5,021
Totsl
50,450
51,251
48,618
EXPENDITURE on
Ralslng Fun(ts
er
18,882
51,145
18,882
52,323
25,933
49,393
1,178
Tot•1
ni,027
178
7¥205
75,326
In(Tease In ¥ilue rf Eft￿￿
12,877
N•t Mov•m•nt In FwMI•
{i&in)
(377)
(ifjwo)
(13￿31)
RECONCZUAfioN OF FUNDS
Funds b[￿ht forward l Janujry
507,760
3,125
510,885
524,716
TOTAL FUNDS
491W7
748
498.335
510085
All Inco￿￿ a￿1 eynditure has arisen cthknuir4 OFerntM
oythnued...

OLD HAslliiGS PRESERVATION 9XfEfY LTD
BALANCE SHEET AS AT 31 {￿EMBER 2024
TL*al
Funds 2023
Fund5
FuThts
F￿￿ts
Tanglble Assets
2￿,711
286.717
302.329
Inves1￿￿ts
Is8,￿?
Is8,￿7
155,502
445,624
445,624
457,831
CURREKf ASSETS
Debtors
yments
Cash at bank In Har
io
414
5.6n
4S,327
414
5,677
48,075
3,714
4,954
49,738
2,748
51,418
2,748
54,166
58,406
CREDrroRS
Amounts falling due withln a year
li
{ 5,383)
(5,383)
{ 5,352)
NET CURREIIT ASSErs
46,035
1748
48.783
53.054
NEf ASSEfs
491,659
A748 494W7
510
FUNDS
Unre4Jkted fuThJ5
12
491.659
507.7
15
2,748
3,125
TOTAL FUNDS
494A07
510W5
c￿bnUed...

AT 31 DECEMBER 2024
dwtatye ccthpany LS ertts) to frcAn 477 CtywanÈs 2006 fty seor
0ts131 [￿Ml￿ 2024.
Tre rrernLYs ha* rKt re]uwo1 tre d)arltat4e oynpany to oL*ain an a￿lit cl rts fuwKial Staterne￿ fty the yaw fjm
31 2024 In wlth 476 crf trE Ccmpanies kt 2(KJ6.
(a) emgJriivJ that tst charitstle c(*Mpany k¥6 r￿ryd$ tlwt coyth woth S&ilL¥L5 386 aNI 387 d tr
CcmpanE5 kt arbj
(b) weFodng fThrKlal stai￿}ts whth a￿1 falr si* d affa￿5 dwtt3ble c(Mnpany as
at the (d each fina￿la[ year arK1 ￿1[AuS for fina￿141 year in with the
ulre))errts crf ￿LtI)n5 394 aTrJ 395 aThY whKh clt*w* corn￿ ¥¥lth ts r8julrfj￿ts ComFoniES kt
2006 rdating to finaKial #aifJWts. so far as a￿A￿atIe to the thartsble c(Mnpany.
kt 21Kffj relauffj to ttwltstrle c(Th
The flnjrthl siat•nats appwl ty the Board d TrlLst￿ c￿ltI 41{ar￿ *tre ts btham ty:
s A k(*t MBE-Trustee

OLD HAsllNGS PRESERVATION SOCIETY UMrrED
NOTES TO ThE F114ANCIAL STATEMEifrs
FOR ThE YEAR ENDED 31 DECE148ER 2024
ACCOUIITIMG POUCIES
The financial statements tharrtabk cthnpany, whoch Is a L*r*fft efitlty utNler FRS 102. have teen
prepared In aCcOrda￿e with the ljanbes SORP {FRS 102) Accwnting and ReF(sr)rKJ by Cha￿￿eS. Stateft￿t of
Re￿mMe￿Ied Pradke apFlicabk to th)rrt￿ pYep3ring their Kcounts in acCOrdar￿ wth the Anancial
Repx)rtitvJ Stsrthrd aFplkat4e in ￿ UK and Repul1￿ of Ireland IFRS 102) (effective l January 20151,, Hnancial
Re￿)rtIr￿J Stsndard 102 Tr finarrial Repyt'ng Stsndard apr4icable in the UK and Reput4ic of Irekind, and the
Ccfflpanies Act 2CI]6. The fina￿&)1 staten￿ts hwe t*en prepared under ts hLStorKal c05t convention the
ex￿p￿"on of investswts whth are Ind￿ at mafket value, as nK*Jff￿ by revaluation of certain assets.
IbKome
All income bs reccrfjntsed In ts Stateffl￿ of finaTrial ktiVrtl￿ the ¢tharlty Iws eJrtlik￿ to ts* fiJnd5, ￿15
tle that wll be aThl tr* armwjnt C￿ be rnea￿￿d relw.
Exp•ndltur•
Llabllths a￿ recognlsed as e￿Fend￿J￿ as a5 there Is J ¢y crxI5tru￿¥￿ ¢AlkJatkn commthng the
tharlty to th* expenditu￿. r¢ is protobk that a transfer cl L*neffts will be wuired in settlement and
the arThJunt of the c&1NJatj￿ tan L* measured rdwbty. ExperhJibJre is accrMJntsd for on an accJuJ15 basis ènd has
teen dassified urthr headir¥Js that a99regate *¢ cost reL•ted to tr* category. cosis cannot be dlrethy
tributed to part*￿aT heaJlTh>, tr*y ha¥t teen all￿￿ted to on a basls consL*eJrt wlth the use of
T•nglbl• flx•d •M•ts
The OHPS has three of assets hal In s4VYt cl the S￿s objethves to foster
apprethvon of the of Hastirvjs, crf Its ftshw arkj marrtlme hertta9e a￿1 kYe5er¥e evthrKe of that
tage. The main cdleLthns are firsty ￿ Hasb'r4Js History Hw, whth ha5 a cc4th of prints, painb'ngs,
pl￿raphs. cards aTrJ t(th wlthin ts archi￿. Sec(￿tt￿ the within the Flshem*n's Museum
which Ind￿ the Ha5tlrvJs Lugger RX278 Tr Enter[￿￿. with an extensfve col*bn of photcqrnphs,
Pal￿r￿J5 and hlth"c objects and a rlth arthr* of htstoriol matertal. The third aAlection is tho* exhlb
tsklÈ of the Fbshem*n's Museum I￿1￿Je the rt 51y6. tr* orvj (thr txrt* exhltts. These
¢d￿S were revaw ty the coundl d rnana￿ in 2019.
IndLthI kn Land & Bulkilr45:.
Freehdd *oFeths . Tr freehobj Jt 21 c￿rtI￿￿￿e 9Jeet Is IrKknled at C05¢ plus c3pitsI addltlons.
Deweoakn Is provkled at 2% pa.
Ind￿ In FlknJres & F￿Vr￿J$...
Net and External tli*y. Are in of the •ThJ we induded in the e<rounts
and wert revol￿1 in 2019. Lwedatth ts w￿lded at 5% pa.
Ir+ternal Thspkiys. *tre revalL*d In 2019. De￿lati￿ is Wtr**aed at 5% F41.
EqulwT*rt. tweoakn ts mided * 25% pa.
Equipment and Imyoverl￿nts. MiThy equiFll*rt wrthased by the SW and mts￿ ImpYoVen￿nts cathed ¢yJt
to 21 coUrth￿se Street tt> the Flshermen's Museum a￿ vrtiiten (rff In the of eX￿ndItU￿ to
estatlithment CC6ts.
Tax•tlon
The tharity is exemo frixn tax tharttaL4e acbviUe5.

OLD HASTINGS PResERVATION SOCIEfY LIMITED
NOTES TO THE FZNANaAL sfATEMEIITS. coiifiNUED
FOR THE YEAR ENDED 31 DECEMBER 2024
Fund att4Junllnq
Unre*Jicled fvTrJs be wl In X£Ordan￿ the i*oritst* at the di9yth (* the tmstees.
Re5trirt& fuTrts can be used fcf parti￿lar restrKted wrwjses wlthin the obRcts rfthè tharity. Restrctions
Further explanatw)n crfthe natyre a￿1 c* fiJr•J Is in the r¥Xe5 to the fina￿1 statements.
Prnp•rntlon o( con*olld•ted IIMndal slatenx
The finarKial statements cc¥)tsin Informati￿ al￿ ¢Jd Ha5tings Pfeseryailon SXW Um6bJ as an iThJlvldual
company. The o)mp3ny has tsken the OFrtw urwjer sth 398 of kt 2(K6 nrt to prepare
2024
2013
Furkj ral4
2,057
53
Rcom Hife
667
£2,610
4,699
ZZE¥E*
XNVESfMENT iNCOMe
2024
2023
1,169
4,195
I1￿￿endS
4,137
£S,364
£5,021
RAISING FUNDS
R•ldng don•tlon• •nd1•g•d
2024
2023
Supyt costs
£19,882
£25,861
MEf INCOMEI(ExpeNDrruRE)
Net In¢)Thl (e¥¥WK1￿Ure)I5 5t&ed after dwg*8:
2024
2023
£16,285
£16,127
I￿uded Sn the tc*al [w￿￿ti¢)n dwrge 15 ts s￿1 (* £12,325 that ar￿5 fr(¥n the revaI￿tiOn of ￿ assets.
TRUSTEES. RtMUNERATIQN AND BENEFifs
We￿ ￿ trustees, remuneratKJn C￿ clher benefits eNleJJ 31 De￿M￿r 2024 rnr for the year
end& 31 C*cemtr*r 2023.
Durfng the year eX￿Se thms ￿￿e pakl to ttE tru*tts related to re1m￿r$eMents of th)rty exFen
that W been PaKI per￿lly
Paje io

OLD IIASTIMGS PRESERVATION SOCIETY uiirrED
NOTES TO THE FIIIANCIAL STATEMEIITS. coiifiNUED
FOR THE YEAR ENDED 31 DECEMBER 2024
STAFF COSTS
2024
2023
TANGIBLE FXXED ASSETS
proFerty
ffttings
Tc*als
At l january 2024
Id￿on$
174,248
262.840
673
437,0
673
At 31 D￿ber 2024
174,248
263,513
437.761
DEPRECIATION
At l January 2024
58,470
76,289
134,479
Charye for year
At 31 L*emter 2024
61,955
151,044
NET BOOK VALUE
At 31 c￿mber 2024
At 31 Decemter 2023
112,293
174,424
286,717
Induded In c(& for Ft¥twes & Rtbry W fmrd rf £261,8201s a urA6ft of £218,491
XED ASSEf INVEsfMEKrs
Unllstsj
Inbtthnts
TL*aLs
MARKEf VALUE
At l January 2024
150.701
4,801
155,502
IrKrease In Value
3.405
3,405
NET OOOK VALUE
At 31 December 2024
154,106
4,&)1
158,907
UK listed Investme￿ are st*ed at tt* market Val￿ by tr* COIF Charlt*s InVe#M￿ Fund as at 31
tknmter 2024. Unl5th1 Invest￿ in OHFS & FM TradiThJ Co. Ltd (8563483). Th6s Is a whc4ty owr*d
subskjiary.
io.
2024
2023
£414
£3.714
Paje li

N(7fES TO THE FINANCIAL sfATEMEKfs. COllflNUÈD
FOR ThE YEAR ENDED 31 DECEMBER 2024
11 CREDITOR&' AMOUIIYS FALUNG DUE wmiJN ONE YEAR
2024
2023
£5,383
£5,352
12. MOVEMEiif IN AINDS
1.1.2024
in funts At 31.12.2024
General funds
501,760
(12,071)
489.659
{4,(￿)
General Restritt
3,125
(377)
2,748
TOTAL FUNDS
510 855
Net moverwrt In lurKls, IrLIth in at*x are as fc4h)ws:
Reg)ur
Galns c* Mo¥eff*nt Sn
fiJnds
Gereral fvnds
50,49)
(70,027)
(16,173)
General Restrirted
(1,178)
(377)
TOTAL FUNDS
71205)
13. RELATID PARTY DISCLOSIRES
The c¢Ynpany 4,￿1 thares In the cunpany OHPS & FM TRADING CO LTD (Co No: 085634831.
flnanaal 5tstements for ￿ subgdkiry company haNE teen co)sc4*JatsJ. Indud&J as a ¢thJction of exFenses
fvr the ￿k11r￿￿ CCffj￿rry Is £23,1￿ tthj è ¢cth￿thn frcffi Trnling (￿p)nY to runnSr¥J costs.
14. COMPANY sfATUS
Under the Memcrtndum cl Ass(x)th, e*ry memtw of ￿ coM￿nY 15 reqi*d to a)ntrétMrte In the event of
the wnding up. s￿h an amint as rrW requi￿d, ￿ed1￿ 25p in &*lthn to any sums due that
are p3yabk ty hlm under the AAIKles of As￿al￿.
Page 12

NOTES TO ThE FIIIAIICIAL sfATEMEIIT5. coNfiNUED
FOR THE YEAR INDED 31 DECEMBER 2024
1% ResTricTtD FUNDS
halt teen <%￿ed 5peafralty F￿￿n￿'S Museum E¥temal Exhibts Fund and the balan￿ at 31
cle￿Mter was É2,748 {2023 £3,125).
Pas* 13