OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2024-03-31-accounts

Registered Charity Number: 224206

THE SHIRE HALL TRUST

FINANCIAL STATEMENTS

Period ended

31 March 2024

PHOENIX ACCOUNTANCY AND BUSINESS CONSULTANCY LIMITED

1

Charity No: 224206

THE SHIRE HALL TRUST

Contents to the Financial Statements For the period ended 31 March 2024

Page
Charity Information 3
Independent Examiners’ Report 4
Trustees Annual Report 5
Statement of Financial Activities 11
Balance Sheet 12
Statement of Cash Flows 13
Notes to the Financial Statements 14

2

Charity No: 224206

THE SHIRE HALL TRUST

Charity Details For the year ended 31 March 2024

Name of Charity Howden Shire Hall Trust
Period of Accounts Year ending 31 March 2024
Registered Charity No: 224206
Trustees Mr R Kay Resigned Sept 24
(for the period of Ms A Shone (Chair) Appointed as Chair July 22
accounts unless Mr M Birtles (Treasurer) Appointed as Treasurer July 22
otherwise stated) Mrs P Blee Resigned Sept 24
Mr D Blee (Secretary)
Mr M Rodger Appointed July 22, Resigned Sept 24
Mr J Hall Resigned Sept 24
Mr W Sweeting Appointed July 22, Resigned Sept 24
Mr R Vant Resigned July 23, Resigned Sept 24
Mrs S Pickering Appointed July 22, Resigned Sept 24
Mr R Guthrie Resigned March 24
Mr P Thompson Resigned March 24
Mrs S Hall Resigned July 23, Resigned Sept 24
Mr C Pickering Appointed July 22, Resigned Sept 24
Mr E Ditzel Resigned Sept 24
Mr T Zugic Resigned March 24
Mr J Besch Appointed July 22, Resigned Sept 24
Mrs M Gladwell Appointed July 22, Resigned Sept 24
Mrs K Jackson Resigned July 23,
Mr D Howard Resigned Sept 24
Principal Address The Shire Hall Trust
Shire Hall
11 Market Place
Howden
Goole
DN14 7BJ
Independent Examiner Rebecca Triftt MAAT
Accountant, employee of:
Phoenix Accountancy and Business Consultancy Limited
Morley’s Cottage, Morley’s Yard, Walkergate
Beverley
East Yorkshire
HU17 9BY
Bankers HSBC
16 Market Place
Howden
Goole
East Yorkshire

3

Charity No: 224206

THE SHIRE HALL TRUST

DN14 7BN

Independent Examiner’s Report to the Members of The Shire Hall Trust

I report on the accounts of The Shire Hall Trust for the year ended 31 March 2024, which are set out on pages 11 to 24.

Respective responsibilities of trustees and examiner

The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.

It is my responsibility to:

Basis of independent examiner’s report

My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.

Independent examiner’s statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Rebecca Triffitt MAAT

Accountant, employee of: Phoenix Accountancy and Business Consultancy Limited Morley’s Cottage Morley’s Yard Walkergate Beverley HU17 9BY

Date:

4

Charity No: 224206

THE SHIRE HALL TRUST

Trustees Annual Report For the year ended 31 March 2024

The trustees present their report with the financial statements of the charity for the year ended 31 March 2024.

The financial statements comply with the Charities Act 2011, the Constitution and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

Reference and Administrative Details of the Charity, its Trustees and Advisers

Name of charity: The Shire Hall Trust Charity Registration Number: 224206 Registered and Principal Operating Address: The Shire Hall Trust Shire Hall 11 Market Place Howden Goole DN14 7BJ

Trustees:

Names of trustees who served during the year and since the year end were as follows:

Mr D Blee Secretary
Mrs A Shone Chair
Mr M Birtles Treasurer Appointed Treasurer July 22
Mrs P Blee (Representative: Howden Allotments) Resigned Sept 24
Mr R Kay Co-opted July 22 Resigned Sept 24
Mr M Rodger (Representative: Howden Live) Appointed July 22 Resigned Sept
Mr W Sweeting Appointed July 22 Resigned Sept24
Mr J Hall (Representative: Howden Catholic Church) Resigned Sept 24
Mrs S Pickering Appointed July 22 Resigned Sept 24
Mr C Pickering Appointed July 22 Resigned Sept 24
Mr R Vant Resigned July 23
Mr J Besch Appointed July 22 Resigned Sept 24
Mr R Guthrie (Representative: Howden Rotary Club) Resigned March 24
Mr T Zugic (Representative Howden Pantomime) Resigned March 24
Mrs S Hall Resigned July 23
Mr E Ditzel Co-opted Dec (Representative Howden U3a Group) Resigned Sept 24
Mr P Thompson 2020 Resigned Sept 24
Mrs M Gladwell Appointed July 21 Resigned Sept 24
Mrs K Jackson (Representative WI) – Resigned July 23
Mr D Howard Resigned Sept 24

5

Charity No: 224206

THE SHIRE HALL TRUST

Trustees Annual Report

For the year ended 31 March 2024

Reference and Administrative Details of the Charity, its Trustees and Advisers (continued)

Day to Day Management of the

Charity:

Shire Hall Venue Manager

Steve Smythson (appointed September 2021)

Accountant: Rebecca Triffitt MAAT Accountant, employee of: Phoenix accountancy and Business Consultancy Ltd Morley’s Cottage Morley’s Yard Walkergate Beverley HU17 9BY

Bankers

HSBC Wesley Square Goole East Yorkshire DN14 5EZ

Structure, Governance and Management

Governing Document:

The Shire Hall trust is a registered charity governed by its Scheme adopted on 23 May 1996.

The Shire Hall Trust registered as a charity with the Charity Commission on 06 November 1963.

6

Charity No: 224206

THE SHIRE HALL TRUST

Trustees Annual Report For the year ended 31 March 2024

Structure, Governance and Management (continued)

Recruitment and appointment of Trustees

The trustees form the Committee of Management of the charity. The Scheme of the Charity provides for 20 Trustees of which 10 can be elected at the Annual General Meeting by the members of the Charity, the other 10 are representative members appointed to the Committee by organisations within Howden which are set out in the Scheme. A resolution can be passed to allow additional representative members from organisations within the area of benefit and not already covered by the Scheme (excluding Howden Parish Council) to be elected to the Committee. There is also a provision for the co-option of two additional trustees if required.

All trustees serve for a year term but can be re-elected to the Committee.

The Scheme states that the number of Members that shall form a quorum at meetings of the Committee shall not be less than one third of the total number of Members.

Organisational Structure:

The board of trustees manages the Charity, and aims to consider only strategic decisions at its meetings. Trustees are aware that any conflict of interest is declared and minuted. The board meets quarterly. The Manager is appointed by the trustees to manage the day to day operations of the charity, and who also has authority to delegate as appropriate to other staff members.

Risk Management:

The major risks to which the Charity is exposed, as identified by the Trustees, have been reviewed and systems have been established to mitigate those risks.

Objectives and Activities

The objects of the charity as set out in the Scheme are:

7

Charity No: 224206

THE SHIRE HALL TRUST

Trustees Annual Report For the year ended 31 March 2024

Objectives and Activities (continued)

Main objectives for the following year:

In developing the main objectives for the following year the Trustees have given regard to the Charity Commission guidance on public benefit.

We have taken the decision to convert the charity to a CIO , all trading will be done through the CIO from 1[st] April 2024, this years objective are to close the Trust once all assets are transferred, at the time of writing The Charities Commission have approved the transfer and this is being undertaken.

Achievements and Performance

Review of Activities 2023-24

The Shire Hall Trust Board of Trustees is satisfied that in 2023-24:

Our work reflected our aims.

Once again we have seen an increase in both turnover and footfall, we have increased our regular hall users with more classes joining us alongside some great community initiatives like Memory Café, Warm Spaces and the now regular Christmas & Company Christmas Day Dinner. Our Duty Manager Liz Neal has been kept busy managing the events, bar, stock control and also some of the day-to-day office duties Steve Smythson our Venue Manager has continued to work with clients to bring both new and returning acts to the hall. He has also overseen the installation of the new theatre lighting in the upper hall funded by Howden Town Council April 23 grant. He has also worked closely with P & N Designs on the Entrance Project which at the time of writing is well underway, and has successfully applied and received funding from Howden Town Council and East Riding of Yorkshire Council. Alongside the grants fundraising events have been run to help reach the target.

Financial Review

Reserves Policy

All of the funds of the Shire Hall Trust are used to service its day to day operations and therefore at present there is no Reserves Policy.

Trustees Annual Report For the year ended 31 March 2024

Plans for Future periods

8

Charity No: 224206

THE SHIRE HALL TRUST

At the time of writing this, November 24, the hall is busy with most weekends fully booked now leading up to Christmas. The entrance is well under way and we are eagerly waiting on completion which will hopefully be early in the new year.

In July 23, after taking on board advice from our accountants the Trustees voted to change to a Charitable Incorporated Organisation, the CIO was opened in December 23 and we started to trade through the CIO from April 24 and all trading through The Trust ceased trading at the end of this financial year (March 2024). We have now received confirmation that all assets can be transferred to the CIO and we are working towards this so that we can close down the Trust. At the AGM all remaining trustees apart from The Management Committee Dave Blee, Anne Shone & Mark Birtles resigned as trustees and they will remain in place to oversee the transfer of all assets including the building.

Statement of disclosure of information to Independent Examiner

We, the trustees of the Charity who held office at the date of approval of these financial statements, each confirm so far as we are aware, that:

Statement of Trustees’s responsibilities

Charity law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Charity and of the excess of income over expenditure of the Charity for that period. In preparing those financial statements, the Trustees are required to:

9

Charity No: 224206

THE SHIRE HALL TRUST

Trustees Annual Report For the year ended 31 March 2024

Statement of Trustees’s responsibilities (continued)

The Trustees confirm that the accounts comply with the above requirements. The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Charity and to enable them to ensure that the financial

Statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Independent Examiner

A resolution to appoint Independent Examiner’s, Phoenix Accountancy and Business Consultancy Limited will be proposed at the forthcoming annual general meeting.

By order of the Board

Anne Shone Chairperson

Date:

10

Charity No:

THE SHIRE HALL TRUST 224206

Statement of Financial Activities For the year ended 31 March 2024

Note
s
Income
Donations, Grants and Legacies
2
Income from Charitable Activities
3
Income from Other Trading
Activities
4
Income from Investments
Total Income
Expenditure
Expenditure on Charitable Activities
5
Costs of Raising Funds
6
Total Expenditure
Net Income/Expenditure before
Transfers
Transfers between Funds
Net Movement in Funds
Funds brought forward
13
Funds carried forward
13		 2024
Unrestrict
ed Funds
2024
Restricte
d
Funds
2024
Total
Funds
2023
Unrestrict
ed Funds
2023
Restricte
d
Funds
2023
Total
Funds
£
£
£
£
£
£
1,514
51,047
52,561
1,726
37,140
38,866
51,147
-
51,147
51,302
-
51,302
88,335
225
88,560
71,847
-
71,847
1,208
-
1,208
268
-
268
142,204
51,272
193,476
125,143
37,140
162,283
(75,056)
(33,938)
(108,994)
(76,303)
(64,157)
(140,460)
(38,362)
(533)
(38,895)
(31,651)
-
(31,651)
(113,418)
(34,471)
(147,889
)
(107,954)
(64,157)
(172,111
)
28,786
16,801
45,587
17,189
(27,017)
(9,828)
(123)
123
-
(311)
311
-
28,663
16,924
45,587
16,878
(26,706)
(9,828)
60,012
(357)
59,655
43,134
26,349
69,483
88,675
16,567
105,242
60,012
(357)
59,655

The notes on pages 14 to 24 form part of these financial statements.

11

Charity No:

THE SHIRE HALL TRUST 224206

Balance Sheet As at 31 March 2024

Note
Fixed assets
Tangible assets
9
Current assets
Debtors
10
Cash at bank and in hand
11
Total current assets
Creditors: amounts falling due within
one year
12
Net current assets/(liabilities)
Total assets less current liabilities
Creditors: amounts falling due after one
year
Net Assets
Funds of the Charity
Unrestricted funds
13
Restricted income funds
13
Total funds
13		 2024
Unrestricte
d funds
2024
Restricte
d funds
2024
Total
funds
2023
Unrestrict
ed funds
2023
Restricte
d funds
2023
Total
funds
£
£
£
£
£
£
3,305
524
3,829
4,321
704
5,025
3,355
-
3,355
6,099
-
6,099
98,917
16,043
114,96
0
68,409
(1,061)
67,348
102,272
16,043
118,31
5
74,508
(1,061)
73,447
(16,902)
-
(16,902
)
(18,817)
-
(18,817)
85,370
16,043
101,41
3
55,691
(1,061)
54,630
88,675
16,567
105,24
2
60,012
(357)
59,655
-
-
-
-
-
-
88,675
16,567
105,24
2
60,012
(357)
59,655
88,675
-
88,675
60,012
-
60,012
-
16,567
16,567
-
(357)
(357)
88,675
16,567
105,24
60,012
(357)
59,655

12

Charity No: 224206

THE SHIRE HALL TRUST

2

These financial statements were approved by the committee on _____(date) and signed on its behalf by:

_____A Shone, Chairperson _____M Birtles, Treasurer The notes on pages 14 to 24 form part of these financial statements.

13

Charity No: 224206

THE SHIRE HALL TRUST

Statement of Cash Flows For the year ending 31 March 2024

Notes
Net Movement in Funds
Add back depreciation charge
9
Deduct interest income shown in investing
activities
Decrease/(increase) in stock
Decrease/(increase) in debtors
10
Increase/(decrease) in creditors
12
Net cash used in operating activities
Cash fows from investing activities
Interest income
Purchase of tangible fxed assets - PY
Purchase of tangible fxed assets
9
Cash provided by (used in) investing
activities
Cash fows from fnancing activities
Repayment of borrowing
Cash used in fnancing activities
Increase/(decrease) in cash and cash
equivalents
cash and cash equivalents at the start of
the year
Total cash and cash equivalents at the
end of the year
11		 2024
2023
£
£
45,587
(9,828)
1,729
15,789
(1,208)
(268)
-
-
2,744
(5,844)
(1,915)
3,733
46,937
3,582
1,208
268
-
-
(533)
(2,500)
675
(2,232)
-
-
-
-
47,612
1,350
67,348
65,998
114,960
67,348

The notes on pages 14 to 24 form part of these financial statements.

14

Charity No: 224206

THE SHIRE HALL TRUST

Notes to the accounts For the year ended 31 March 2024

1. Accounting policies

1.1. Accounting Convention

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1[st] January 2019) – (Charities SORP (FRS102)) and the financial reporting standard applicable in the UK and Republic of Ireland (FRS102).

Shire Hall Trust meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).

1.2. Going Concern

The Trustees consider the Charity to be a going concern. The accounts have been prepared on this basis.

1.3. Income

Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received and the amount can be measured reliably.

Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

15

Charity No: 224206

THE SHIRE HALL TRUST

Notes to the accounts For the year ended 31 March 2024

1. Accounting policies (continued)

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the Bank.

1.5. Fund accounting

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors. Restricted funds are accounted for separately to each other and to the unrestricted funds of the Charity.

General funds are unrestricted funds which are available for use at the discretion of the Trustees in the furtherance of the general objectives of the charity and which have not been designated for other purposes.

Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. The Charity has no designated funds.

1.6. Expenditure and irrecoverable VAT

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings:

● Expenditure on charitable activities includes the costs of all activities undertaken to further the purposes of the charity and their associated support

costs.

● Costs of raising funds includes all costs relating to fundraising and the 500 Club.

The Charity is not VAT registered and irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

1.7. Allocation of support costs

Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include back office costs, finance, personnel, payroll and governance costs which support the Charities activities.

Due to the level of materiality of allocating support costs to the costs of fundraising, these costs have all been allocated to charitable activities. A full breakdown of all costs related to Charitable Activities has been provided in Note 5.

16

Charity No: 224206

THE SHIRE HALL TRUST

Notes to the accounts For the year ended 31 March 2024

1. Accounting policies (continued)

1.8. Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at the following rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the terms of the lease, whichever is the shorter.

Rates of depreciation are as follows: General Equipment 25% straight line Improvements to Property 25% straight line

1.9. Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

1.10. Cash at bank and in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

1.11. Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

1.12. Taxation

The charity is exempt from Corporation taxation under Section 505(1) ICTA 1988 as an approved charity.

17

Charity No: 224206

THE SHIRE HALL TRUST

Notes to the accounts For the year ended 31 March 2024

2. Donations and Legacies

2024 2024 2024 2023 2023 2023
Unrestricte Restricted Total Unrestricte Restricted Total
d Funds Funds d Funds Funds
Funds £ £ Funds £ £
£ £
Donations 1,514 1,901 3,415 1,726 - 1,726
Grants:
East Riding Council – Welcoming - 938 938 - 1,061 1,061
Places
Howden Town Council - 30,000 30,000 - 35,079 35,079
Active Town Council - - - - 1,000 1,000
East Riding Council - Entrance - 18,208 18,208 - - -
1,514 51,047 52,561 1,726 37,140 38,866
. Income from Charitable Activities
2024 2024 2024 2023 2023 2023
Unrestricte Restricted Total Unrestricte Restricted Total
d Funds Funds d Funds Funds
Funds £ £ Funds £ £
£ £
Rents Received 15,199 - 15,199 11,112 - 11,112
Lettings 33,118 - 33,118 40,093 - 40,093
Cinema Operating Income 2,830 - 2,830 97 - 97
51,147 - 51,147 51,302 - 51,302

3. Income from Charitable Activities

18

Charity No: 224206

THE SHIRE HALL TRUST

Notes to the accounts

For the year ended 31 March 2024

4. Income from Other Trading Activities

2024 2024 2024 2023 2023 2023
Unrestricte Restricted Total Unrestricte Restricte Total
d Funds Funds d d Funds Funds
Funds £ £ Funds £ £
£ £
Bar Income 59,447 - 59,447 48,580 - 48,580
Catering Income 135 - 135 2,108 - 2,108
Fundraising (inc 500 Club) 19,444 225 19,669 12,076 - 12,076
Commission 5,812 - 5,812 5,126 - 5,126
Ofce Services - - - 150 - 150
Live Arts 2,160 - 2,160 3,088 - 3,088
Weddings 1,337 - 1,337 719 - 719
88,335 225 88,560 71,847 - 71,847
. Expenditure on Charitable Activities
2024 2024 2024 2023 2023 2023
Unrestricte Restricted Total
Unrestricte		 Restricted Total
d Funds Funds d Funds Funds
Funds £ £ Funds £ £
£ £
Charitable Activities
Stafng Costs 37,683 - 37,683 23,552 10,500 34,052
Water Rates 1,225 - 1,225 3,953 - 3,953
Heat and Light 9,314 - 9,314 5,725 526 6,251
Cleaning, Repairs and Renewals 8,211 33,758 41,969 29,125 36,989 66,114
Ofce Expenses 2,836 - 2,836 1,806 608 2,414
General Insurance 5,756 - 5,756 5,161 - 5,161
Subtotal 65,025 33,758 98,783 69,322 48,623 117,945

5. Expenditure on Charitable Activities

19

THE SHIRE HALL TRUST Charity No.. 224206 20

Charity No: 224206

THE SHIRE HALL TRUST

Notes to the accounts For the year ended 31 March 2024

5. Expenditure on Charitable Activities

Subtotal from previous page
Depreciation
Accounts Fees
Marketing
Premises Licences
Bank Charges and Interest
Professional Fees
Cinema Expenses
Grant repaid back
.
Cost of Raising Funds
Bar Running Costs
Catering Costs
Fundraising Costs		 2024
2024
2024
2023
2023
2023
Unrestricte
d
Funds
£
Restricted
Funds
£
Total
Funds
£
Unrestricte
d
Funds
£
Restricte
d Funds
£
Total
Funds
£
65,025
33,758
98,783
69,322
48,623
117,945
1,549
180
1,729
1,820
13,969
15,789
1,353
-
1,353
1,064
-
1,064
677
-
677
1,055
270
1,325
552
-
552
477
-
477
2,357
-
2,357
2,438
-
2,438
-
-
-
-
-
-
3,543
-
3,543
127
-
127
-
-
-
-
1,295
1,295
75,056
33,938
108,994
76,303
64,157
140,460
2024
2024
2024
2023
2023
2023
Unrestricte
d
Funds
£
Restricte
d Funds
£
Total
Funds
£
Unrestricte
d
Funds
£
Restricte
d Funds
£
Total
Funds
£
31,472
-
31,472
27,113
-
27,113
1,625
-
1,625
1,165
-
1,165
5,265
533
5,798
3,373
-
3,373
38,362
533
38,895
31,651
-
31,651

6. Cost of Raising Funds

21

Charity No: 224206

THE SHIRE HALL TRUST

Notes to the accounts For the year ended 31 March 2024

7. Staff costs

Total Total
2024 2023
£ £
Wages and salaries (inc e’ers NI and Pension) 35,558 34,052
Subcontract 2,125 -
8. 37,683 34,052
Operating surplus
The operating surplus is arrived at after charging:
Total Total
2024 2023
Depreciation – Owned Assets 1,729 15,789
Trustees Expenses - -
Accountancy Fees – Current Year 1,281 1,064
3,010 16,853

9. Tangible Fixed Assets

Cost
At 01 April 2023
Additions
Disposals
At 31 March 2024
Depreciation
At 01 April 2023
Charge for the year
On Disposals
At 31 March 2024
Net Book Value
At 31 March 2024
At 31 March 2023		 General
Equipme
nt
Property
Improvemen
ts
Total
£
£
£
64,010
55,822
119,832
533
-
533
-
-
-
64,543
55,822
120,365
58,985
55,822
114,807
1,729
-
1,729
-
-
-
60,714
55,822
116,536
3,829
-
3,829
5,025
-
5,025

22

Charity No: 224206

THE SHIRE HALL TRUST

Notes to the Financial Statements for the year ended 31 March 2024

10. Debtors

Total Total
2024 2023
£ £
Trade Debtors 3,355 4,944
HMRC - 1,155
3,355 6,099
11. Cash at Bank and in Hand
Total Total
2024 2023
£ £
Current Account 2,969 4,103
Savings Account 106,817 61,863
Cash in Hand 5,174 1,382
114,960 67,348
12. Liabilities
Creditors: Amounts falling due within one year
Trade Creditors
Other Creditors
Tax and Social Security
Pension
Accruals and Deferred Income		 Total
2024
Total
2023
£
£
1,676
9,204
13,143
8,435
809
-
210
114
1,064
1,064
16,902
18,817

23

Charity No: 224206

THE SHIRE HALL TRUST Notes to the Financial Statements for the year ended 31 March 2024

13. Accumulated funds

Accumulated funds
Balance at 01 April
Movement in funds for the year
Balance at 31 March		 2024
2024
2024
2023
2023
2023
Unrestrict
ed Funds
Restricte
d Funds
Total
Funds
Unrestrict
ed Funds
Restricte
d Funds
Total
Funds
£
£
£
£
£
£
60,012
(357)
59,655
43,134
26,349
69,483
28,663
16,924
45,587
16,878
(26,706)
(9,828)
88,675
16,567
105,242
60,012
(357)
59,655

Analysis of net assets between funds

Tangible Fixed Assets
Current Assets
Current Liabilities
Non-Current Liabilities		 2024
Unrestrict
ed Funds
2024
Restricte
d Funds
2024
Total
Funds
2023
Unrestrict
ed Funds
2023
Restricte
d Funds
2023
Total
Funds
£
£
£
£
£
£
3,305
524
3,829
4,321
704
5,025
102,272
16,043
118,315
74,508
(1,061)
73,447
(16,902)
-
(16,902)
(18,817)
-
(18,817)
-
-
-
-
-
-
88,675
16,567
105,242
60,012
(357)
59,655

24

Charity No: 224206

THE SHIRE HALL TRUST Notes to the Financial Statements for the year ended 31 March 2024

13. Accumulated funds

Restricted funds

Restricted funds
East Riding of Yorkshire –
Welcoming Places
HTC - Lighting
HTC - Entrance
East Riding of Yorkshire -
Entrance
Donations & Fundraising -
Entrance
HTC – Other maintenance work		 Balance
at
Movement in Resources
Balance
at
Held As
Fixed
Balance
Excluding
01/04/2
3
Incomin
g
Outgoin
g
Transfer
s
31/03/24
Assets
Fixed
Assets
(357)
938
(180)
123
524
524
-
-
21,640
(21,640)
-
-
-
-
-
4,450
-
-
4,450
-
-
-
-
18,208
2,126
3,910
(8,208)
(533)
(3,910)
-
-
-
10,000
1,593
-
-
-
-
-
-
-
(357)
51,272
(34,471)
123
16,567
524
-

A brief description of the Restricted Funds is given below:

Restricted Funds

Howden Town Council

Restricted funding was received from Howden Town Council for improvements to the building. During the year a funds received were spent on improving the lighting, the entrance hall and general maintenance work for health & safety reasons.

25

Charity No: 224206

THE SHIRE HALL TRUST

Notes to the Financial Statements for the year ended 31 March 2024

13. Accumulated funds (continued)

Building Improvements: Entrance

Restricted funding was received from Howden Town Council and East Riding of Yorkshire Council, some improvements have been made, and will continue into 2024/25.

Building improvements: Entrance

Restricted funding was received via donations and fundraising to improve the entrance to the building.

East Riding Council – Welcoming Places

Restricted funding was received from East Riding Council, to open up the shire hall to everyone, were its warm and welcoming with a hot drink and food. Balance left relates to depreciation.

14. Contingent liabilities

There were no contingent liabilities.

15. Trustees remuneration

No remuneration directly or indirectly out of the funds of the charity was paid or payable for the year to any trustee.

There was no reimbursement of travel expenses amounting to trustees in respect of the year.

16. Related Party Transactions

During the year the Charity had no related party transactions with its Trustees:

17. Other recognised gains and losses

There were no other recognised gains or losses.

18. Going Concern

The Trustees of Shire Hall Trust consider the Charity is a Going Concern for at least 12 months beyond the signing of the Independent Examiners Report

26