Essex Hall Registered as a charity, number 248442 Incorporated under the Companies Act A Company Limited by Guarantee, number 00023132 REPORT AND ACCOUNTS For the year ended 31 DECEMBER 2023 References and Administrative Details Trustees, Annual Report Report of the Auditors Statement of. Financial A¢tivili¢s Balanc¢ Sh¢¢t io Statement of Changes in Equity Notes to the Accounts 12-17
Page I ESSEX HALL REFERENCE AND ADMINISTRATJVE DETAILS Registered eh#rity name Ch#rity' registr*tion number Company registration number E88ex Hall 248442 00023132 Trustees and direetors during the )'ear and up to the date of signature of the finaneial statements Alan R Ruston Dr David L W)'kes (Chairman) Jeffrey J Teagle (Treasurer) Andrew G Mason Elizabeth M Slade John M Barber (resigned 17 May 2023) Rev Martin Whitell Sarah Boyce Joanna T O'sullivan Diane Romano-woodward (Appointed 09 August 2023) Rayinond Harding (Appointed 05 March 2024) Secretary Andrew G Mason Principal and Registered Office Essex Hall 116 Essex St London WC2R JHY Auditors Shaw CJibbq (Audit) Limited 264 Banbury. Road Oxford OX2 7DY Bankers CAF Bank Ltd 125 Kings Hill Avenue West Malling, Kent MEI 9 4 JQ Investment Managers Redmayne Bentley 9 Bond Court, Leeds LSI 2JZ
Page 2 TRUSTEES, ALNLNUAL REPORT INCORPORATIIYG STRATEGIC REPORT Charity Registration INumber 248442 The Trustees, who are also directors for the purposes of Companv Law. have pleasure in presenting their report and the financial statements of the charity for the year ended 31 December 2023. STRUCTURE, GOVERNANCE AND MANAGEMENT The charity is registered with the Charity Commission in England and Wales, and is a company limited by guarantee registered at Companies House. The charity was incorporated on 5 August 1886 and is governed by its Memorandum and Articles of Association, which were amended in May 2019. Risk Management The Committee have examined the major strategic and operational risks which the charity faces and confirnis that systems have been established to enable regJular reports to be produced so that the necessary steps can be taken to lessen these risks. Men)bership There were 9 Members at the end of 2023 (2022'.8). Publie Benefit The trustees have taken into account the Charity Commission guidance on public benefit and believe that the activities of the charity are in line with that guidance. OBJECTIVES AND ACTIVITIES The objects for which the Company is established are specifically restricted to: the prornotion of religion in accordance with the principles of the General Assembly of Unitarian and Free Christian Churches. and such other object or objects, religious, educational or otherwise exclusively charitable. and in such manner in all respects as the Directors of the Company shall from time to time in their unfettered discretion decide. The Charity's activities have included: Making accomrnodation available for the General Assembly of Unitarian and Free Christian Churches and the British and ForeigJn Unitarian Association {Inc) Providing a meeting pla¢e for Unitarian and kindred bodies in the London area Rcnting %urplu.% accommodation to comin¢rcial organisations Occasional l¢llingJs of mc¢ling rooms to ouisidc bodiLs Providing a grant to the General Assembly of Unitarian and Free Christian Churches b) d)
Page 3 FINANCIAL REVIEW Reserves Policy Rent Reserve - The Trust's policy is to maintain sufficient reserves to meet current anticipated liabilities. Repairs Reserve- The Trust's policy is to maintain sufficient reserves to meet anticipated rcpairs. Sinking Funds- Sinking Funds have been set up to meet predicted future costs for known large capital items.. the roof, lift and heating system. Investment Policy The investment objective is to maximise a balanced return from incon]e and capital over the longer term without taking undue risk. This is achieTr'ed by investing principally in listed common investment trusts and fixed interest stocks. The following7 ethical restriction applies to the portfolio- direct investment in annament, lobacco and gFamblingT involN'ement is not permitted. T¢nants' Report Ground floor front- the fornier unoccupied shop is now occupied by The General Assembly, and it is intended to refurbish this space in 2024. Ground Floor.. Whitestone Chambers, a fiml of barristers, started the year in occupation of the Martineau Hall but moved out in July 2023. The (ieneral Assembly took over this space. The (yeneral Assembly also occupies storage space in parts of the basement (including the old shop kitchen space), the Hamian Room in the basement. and a Ground Floor Reception. First Floor.. At th¢ start of the y¢ar, th¢ upper level was o¢cupi¢d by th¢ G¢n¢ral Ass¢mbly of Unitarian & Free Christian Churches. along with the Lindsey Room at the front. The lower level of the first floor ivas occupied by Little Essex Street SeTrice Company (previously Brick Court Chambers), a BatTiSters" Chambers. As of d]e end of the year, the General Assembl>. had vacated the space in order for the space to be returned to the Essex Hall Tn]st to let. Second Floor- Little Essex Street Service Company (previously Brick Court Chambers) occupy the entire second floor office space. Third Floor.. Little Essex Street Service Company (previously Brick Court Charnbers} occupy the entire third floor office space (excluding the Caretaker's Flat). PLANS FOR FUTURE PERIODS The Trustees will continue to let out space in the building in order to further the Trust's activities and objectives. At the year end. there was hope that all areas of the building would shortly be let or in use. There were plans under consideration for refurbishing the old ground floor shop space, and the Hamian Room in the Basement. ACHJEVEMENTS AND PERFORMANCE Impact of Covid 19. The Trnst's investments have been subject to fluetllations in value during the year. The impact of these tactors has been to reduce income but has not resulied in a crisis. The location of Essex Elall in a central area for the legal profession has given hope for recovery and long-term security. The surplus for the year, and reserves built UP ON'er the past decade, should ensure that the Trust remains in robust financial health until the London property market recovers. The Trustees cannot take this for granted and remain alert to the impact of Covid 19.
Page 4 RESPONSIBILITIES OF THE TRUSTEES The trustees (who are also directors of Essex Hall for the purposes of company law) are responsible for preparing the Trustees Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdorn Generally Accepted Accounting I'ractice). Company Law requires the trustees to prepare fLnancial statements for each financial year, which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for the year. In preparing these financial statements, the trustees are required to.. Select suitable accounting policies and then apply them consistently. Observe tli¢ mcthods and principles in thc Chariti¢s SORP {fRS 102). Make judgements and estimates that are reasonable and prudent. State whether applicable UK Accounting Standards have been followed, subject to any inaierial departures disclosed and explained in the financial statements. Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operatLOn. The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at an> time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. In so far as the tTUStees are aware- There is no relevant audit infonnation of which the charity's auditors are unaware: and The trustees have taken all steps that they ought to have taken to make themseliies aware of any relevan( audit infonnaiion and to establish that the auditors are aware of that inforn]ation. Auditor The auditor, Shaw Gibbs (Audit) Limited, is deemed to be reappointed under section 487{2} of the Companies Act 2006. 21 Aug 2024 The trustees, annual report which includes the strategic report has been approved by the trustees on . and signed on behalf by Registered Office Essex Hall 1-6 Essex Street London WC2R 3HY Signed by order of the trustees Andrew Mason, Secretary
Page 5 INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF ESSEX HALL Year Ended 31 December 2U23 Opinion We have audited the financial statements of Essex Hall (the 'charitable cornpany,) for the year ended 31 December 2023 which cornprise the Statement of Financial Activities. the Balance Sheet, statement of cashflows and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards. including Financial Reporting Standard 102 The Financial Reporling ,Standard applicable in ihe UK and Republic oflreland (United Kingdom Generally Accepted Accounting Practice). In our opinion the financial statements- give a true and fair view of the state of the chaTltable company's affairs as at 31 December 2023, and of its incoming resources and application of resources, including its income and expenditutE, for the year then ended; have been properly prepared in accordanee with United Kingdom Generally Accepted Accounting Practice; and have been prepared in accordance with the requirements of the Companies Act 2006. Basis for opinion We conducted our audit in accordance with International SLqndards on Auditing (UK} (ISAS (UK)) and applicable law. Our responsibilities under those sLqndards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK. including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going concern Jn auditing7 the financial statenients. we have concluded that the directors, use of the going concern basis of ac¢ountingJ in the preparation of the financial statements is appropriate. Ba.scd on the work we have pcrforn]ed, we hawe not idcntificd any" material unecrtaintics relating to events or condilions that, individually or ¢ollectiv¢ly, may ¢asl significant doubt on ihe company's ability to continue as a going concern for a period of at least twelve months froin when the financial statements are authorised tor issue. Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.
Page 6 Other information The trustees are responsible for the other information. The other information comprises the information included in the trustee, annual report, other than the financial statements and our auditor's report thereon. Our opinion on the financial statements does not coNer the other information and. except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so. consider whether the other infomlation is materially inconsistent with the financial statements or our knowledge obtsined in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other infomiation. If. based on the work we haN'e performed, we conclude that there is a material misstatement of this Other information, we aTe required to report that fact. We have nothing io report in this regard. Opinions on other matters prescribed by the Companies Act 2006 In our opinion, based on the work undertaken in the course of the audit.. the infornlation gii'en in the trustees, report for the financial year for which the financial statements are prepared is consistent with the financial statements. and the trustee's report has been prepared in accordance with applicable legal requirements. Matters on which we are required to report by exception In the light of our knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the trustee's report. We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in OUT opinion.. adequate accounting reeordq have not been kept, or returns adequate tor our audit have not been received from branches not visited by us. or the financial statements are not in agreement with the accounting records and returns. or certain disclosures of directors" remuneration specified by law are not made. or we have not received all the infomiation and explanalions we require for our audit; or the trustees were not entitled to prepare the financial statements in accordance with the small companies ' regime and take advantage of the small coinpanies 'exemptions in preparingT the trustees 'report and from the requirement to prepare a strategic report.
Page 7 Responsibilities of trustees As explained more fully in the trustee's responsibilities statement set out on page 4, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view. and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material rnisstatement, whether due to fraud or error. In preparing the financial statements. the trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations. or have no realistic altemative but to do so. Auditor'5 responsibilities for the audit of the financial statements Our objectives are to obtain Teasonable assurance about whether the financial statements as a whole are free from material misstatement. whether due to traud or error, and to issue an auditor's report that includes our opinion. Rea.%nnable assurance is a high ILvel of a$8uranee, but is not a guarantee that an audit conducted in accordance wilh ISAS (UK) will always detect a mai¢rial misslalcin¢nt when il cxists. Missiai¢menls can aris¢ trom traud or error and are considered material if. indiN'idually or in the aggregate, they could reasonably be expected to influence the economie decisions ot users taken on the basis of these financial statements. A turther description of our responsibilities tor the audit of the financial slalements is located on the Financial Reporting Council's website at.. MNTrv.frc.org.uklauditorsresponsibilities. This description fonns part of our auditor's report. Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined aboN'e, to detect material niisstatements in respect of irregularities. including fraud. The specific procedures for this engagement and the extent to which these are capable of detecting irregularities, including fraud is detailed below.. 1. At the planning stage of the audit we gain an understanding of the laws and regulations which apply to the company and how the management seek to cornply with those laws regulations. This helps us to plan appropriate risk assessments. 2. During the audit we focus on relevant risk areas and reTriew the compliance Th'ith the laws and regulations by making relevant enquiries and undertaking corroboration, for eyample by reviewing Board Minutes and other documentation. 3. We asses5 the risk of material misstatement in the financial statements including as a result of fraud and undertook procedures including- ReviewingJ the controls set in place by managernent; b. MakingF enquiries of management as to whether they consider fraud OT Other ieUlaTItY may have taken place, OT where such opportunity might exist; ¢. ChallLnging management a8%umptions with rcgard to accounting eqtimatcs; and d. Id¢nlilyin&J and l¢sling journal ¢niri¢s, pariicularly thos¢ which app¢ar lo b¢ unusual by siz¢ or nature.
Page 8 Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of insL2nces of non-compliance. -L'he risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealrnent, forgery, collusion, omission OT misrepresentation. Use of our Report This report is made solely to the charitable company's members. as a body, in a¢cordan¢e with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that Nve might %tate to the Charitable eompaiiy's members ihose mallcrs WL are required to state lo iliem in an audilor"s tL'POrt and for no other putyose. To the fullest extent pemiitted b), law, Ive do not accept or assuine responsibility to anyone other than the charits]ble company and the charitable company's members as a body, for our audit work. tor this report, or for the opinions we have fomied. 27 Aug 2024 Samantha Daniels {Senior Statutory Auditor) For and on behalf of Shaw Gibbs (Audit) Limited, Statutory Auditor 264 Banbury Road, Oxford, OX2 7DY
ESSEX HALL Inco orated under the Com anies Act Acom an ' Limited b ' Guarantee STATEMENT OF FIIYAIYCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023 Page 9 . LSnFEslnBted Funds iFKlude Eggnd FLmth and Unrestricted Restricted . RevakJ8bty) Resefve. Incomin9 Resoue Urrntricted Restiictsd FuNJ5 Funds 2022 Total Tolal - Rents RewalYè 311.752 47.412 311.752 56.262 340.IJ45 48.7S7 340.045 59.444 10.687 - IAisc rM 80 45.701 413.835 InYesthnt Intr)Yf inwest 42.987 402211 2.774 39.039 434.Hl 522 11.209 39.501 445.050 Re60Vt<6 Expended the A55emb 250X ' 228.NO 111.804 47.763 82.748 88.7eo 82.748 .780 47.7e3 409.857 .657 395.508 .' 395.508 Mt incoming1 loulgoingl 7.448 1 11.624 4.178 .142 Gmss Translers bet•w ftD)ds ' Net inc¢Jmwryl Iwtyoingl Te50Utces 7.44e I 11.tr24 4.178 38.933 J.142 Othw rgoJgnis•d gains IIIos5es) Ga1(lo5$I n¥t$trrtassets Gain{loS5e5> cn TWe a55et5 23.D43 (3.e.0CW)l 23,043 1 I3..c1]0 1 YJS.53D ) 1 255.53D I 3.584.403 1 11.024 3,5n.770 21e.sQ7 1 205.388 br•tfoftwd at 1st Januxy207J 14èt furyts 84.403 1'..8?4 3,57: le.59e. I -YS.388 1 Registrai*n No (Krf)rJ132
ESSEX HALL Inco orated under the Com anies Act Acom an Limited bi, Guarantee BALAINCE SHEET FOR THE YEAII ENDED 31 DECEMBER 2023 Page 10 Note 2023 2023 2022 2022 Fixed Assets Investment prcpwty 6.9(X),IMK 1038,714 10.500.( 7.938.714 11.522.490 14,937 27.640 DeLC&. amounts falliThJ Cath at and in hwmj 566,89) 1.887 616.621 644.261 Creditorn . falv {116:7281 1190,099) 465.159 454,162 8,403.873 11.976,652 Capital Account8 13 1.314.330 164,587 370,682 6.554.274 1.289.732 152.964 370.682 10.154.274 Restncted Fuf Oesgnated Funds RevalualKffi reseThe 13 11967652 These finanual statements have been wepared in accordance vJith Ihe applrcthe to cnpardes A)ject to the small c4)mpwes' regime. These financial ststements were arproved Lvy the members of the Cornrrits and jIriSed fcf IS rm 23 Aug 2024 and are signe11 on their l*haif ty.. Coiwy Regtstraticffi No 00023132
ESSEX HALL Inco orated under the Com anies Act Acom an ' Limited b ' Guarantee STATEMEINT OF CHAIYGES IN E UITY FOII THE YEAR ELNDED 31 DECEMBER 2023 Pag¢ 11 and Funds Fwbd5 et mtroewenr In funds "315f¥s I3.6J0.D) 11.e?3 8.554.=: 1.314.7?9 S35.?70 8.4C? a", 3 184971 '. 1.209 1205.389 r3nsleTS 10, 1F4,n74 i.?g8.731 $23.647 11.976,05? Cwpany Rw.str3txin Yo CYJD£3732
Page 12 ESSEX HALL OTES TO THE ACCOULNTS- 31 DECEMBER 2023 I) ACCOUNTING POLICIES a} Basis of preparation The financial statements have been prepared in accordance with FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland" (FRS 102), the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime and Statement of Recommended Practice Accounting and Reporting by Charities (SORP FRS 102). The financial statements are prepared in sterling. Thhich is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared on the historical cost ¢onvention, modified to include li%tLd invcstmcnt% and trcehold property" at fair value (ette¢tively market value). The principal a¢¢ounling poli¢i¢s adopi¢d ar¢ s¢t oui b¢low. Essex Hall meets the definition of a public benefit entity under FRS102. b) Charitable funds Unrestricted funds are available t.or use at the discretion of the trustees in furtherance of the general objectives of the chatity. Restricted funds are represented by income received for specific purposes as laid down b! the donors. Expenditure meeting the criteria of the specified purposes is charged against the funds, together with a fair allocation of overheads and support costs. Designated funds are unrestricted funds eamiarked by the Board for particular purposes. c) Reconciliation with previous Generally Accepted Accounting Practice These financial statements for the >ear ended 31 December 2023 are prepared in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland. d) Investment income Investment income is accounted for in the period in which the charity is entitled to receipt of the income. Income from rent and serN'ice charg7es is recogTnised when invoiced with amounts inN'oiced in advance of the rental period (which excludes rent free periods) carried tonvard as deferred income. e) Resources expended Resources expended {inclllding grants) are included in the Ststement ot Financial Activities on an accruals basis, inclusive ot any VAT which cannot be recovered, and are classitied under headings that aggregate all costs related to that activity as dets]iled in note 3 to the Ilnancial statements.
Page 13 Depreciation Furniture and fittings are depreciated so as to write off their cost over their estimated useful lives at the rate of IOOlo on the written down value. g} Pensions The pension costs charged in the financial statements represent the contribution payable by the company during the year. h) Investment properties Investment properties are measured initially at cost and subsequently included in the balance sheet at fair value. JnTr'estrnent properties are not depreciated. Any Lhangse in the fair value is recogJnised in the SOFA. The valuation rnethod used to detennine fair value will be stated in note 3. i) Fixed asset inve8tments ListLd inweslmenis arc slal¢d at market valu¢. Chang¢s in market value are cr¢dited or charg¢d to the Statement of Financial Activities. Gains andlor losses arising trom the disposal of shares are reeognised as being realised whereas gains and/or losses atising trom the movement in share prices are recognised as being unrealised. j) Taxation Essex Hall is a charitable institution with exemption from UK Corporation Tax under Section 478 of the Corporation Tax Act 2010. k) Financial instruments The charity has elected to apply the provisions of Section I I 'Basic Financial Instruments, and Section 12 '0ther Financial Instruments Issues, of FRS 102 to all of its financial instruments. l) Going concern At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operation existence for the foreseeable future. Thus, the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
ESSEX HALL Inco orated under the Com anies Act Acom an ' Limited b ' Guarantee FOR THE YEAR ENDED 31 DECEMBER 2023 Page 14 2. RESOURCES EXPÉMDED Tal 2023 Raths Water Rates 1ft5urance LKJhtng and Hèatiry 42.IKB 15.550 fO.148 43.47 1201 15.021 15.550 10.148 43.447 14.038 9.SC 38.1Q5 Managemeni ar Office E4$ Rewr5 Autht ind chary a Prof@s5ial Feès 15.021 9.518 28.467 1.939 159.&57 22.171 9.D13 32.fh87 2.218 Te9.5 518 28.487 1#39 47.783 111.894 Totsl 1022 Costs 42.C 42.000 Water Rates Irt5Vce LKJhtro 3nd Hèatirvd and Carn9 Managerneni ar¢d 012 Eynsos Profèss13{ Feès Authi ind ser¥e charge au( Rwr5 Irre¢o4wable VAT 14.038 9.50a 14.038 9.508 30.195 32.(7 9.043 22.171 2.218 189.gje 043 22.171 1218 80.780 22.748 2D22 '"31.108 Waqes arml sal5 31619 1.7 34.316 31.188 The a%pragÈ nwrthr cl full tiffle ew¥alertenes wa5 212022.21 No emfv éarned bi excess d£80.IIJJ Totsl tru51ee5' lemerakn Ihe ¥a5 £nl Q022.. £ry1) EMpprse5 d•rn•J in £127 by fwrTntslees 12022.. £491 SIMENT PROPERTY The IrYEsunent wrpety i5 the buihfng ai 1-8 E55ex Sireèt The broughlfTry¥dc05t from the preyiws yparwas £10.500.0. Duriry the pre altdthns w d5[15. Ikylthwthe propetywas ValUed. pffjfesgcnaLs are of the yUe dthe freehdd propety ai the 3n( 5heeEdale wa5 £0..c0 Therefo. the historif Cfssi cfthe proFerty 15 Ixrtbased on the bme of aCqLP5itKffl the hknic coStWld The fwr values ofthe r¥e5vnentprDperty h35 bew arrived at on the basis d Valuatiw caffied Qui by BNP Parib35. a firm ofCtt3rtered Surwjrs are not ¢cTI.ecd With the corrpany. as at 01 2024 The Ca&bO5 were madp on o9 mark•t Valu basis Iwfr•th C¥)fsKJrnd to be a true refi0cl ofthè la valuel by refÈrwv to parable fvcerit rnatet raTrs tran5actrors and capt1 tIanS(rG C¥JnWrt•l at arrr.ts ngth basB forsThil¥ PffjPfDeS. The trus5 rn)¢ belwe that Ihwe ha5 a m3tenal change in the f&r v6hJe of the prorerbes behbEen Ihè valuat> da atKitt yaf 3Lwithat fair ¥U$ can $¥nIficty artsn year depending ( •ntsty. Corrpany Regthati No c23132
ESSEX HALL Inco orated under the Com anies Act Acom an ' Limited b ' Guarantee FOR THE YEAR ENDED 31 DECEMBER 2023 Page 15 4-FIXED ASSET W4VESTMENT$ 2023 2022 Opvung BarICe at Isi Ja Add" Acquiswns at CD5t less" LIws31sat opermfig tx4¢ vabJe No( garVlbss1 Cl rW1uan Realised gaN S5} on dws lthet as at 315t DEc•mber20YJ 1.022.4QO 49.478 151 1221 18.888 t.286.028 [b.020 1281.SJ8 2.088 t.0214 1.038.714 1.0fj5.15 1.088.189 5-DEBTORS 2023 2022 Trade DeblDT5 85 14.912 14.997 9.773 17.8e7 27.040 6- cREDOR5." AMOUNTS FALLING DUE WITHIN ONE YEAR 2023 2022 75,778 70.023 11.OD4 19.324 118.727 130.871 48.205 5.488 5.755 Igo.ooG VAT. T&xJtion and Se Trad• uedthr5 Total CrEditor5 Crmpany ReqtstrKr CQ023132
ESSEX HALL Inco orated under the Com anies Act Acom an ' Limited b ' Guarantee FOR THE YEAR ELNDED 31 DECEMBER 2023 Pag¢ 16 7-UNResTRICTEO FUNDS 2023 30.461 2022 30,461 Ceptsl Ac¢cw¢ al Fund 1.186.227 1.192.422 89.732 aESIGNATED FUND$ INCOMING OUTGOING BALANCE 01101123 RESOURCES RESOURCES 31112123 Rent Reserve 75 COJ 370.682 7S 01 370,662 9. RESTRICTED FUNDS BALANCe INCOMING C4JTGCMNG BALANCE 01fOIQ3 RESOVRCCS ResouRCES 31112123 4.917 1&).870 2,622 3S,051 1.311 25,035 2,773 3,631 Siring UtcJf &"nking FLThJ-Lrfl &nking FLTrJ. tratsvJ 88th Interesi 32.429 23.724 152.964 11.623 IO£APITAL COMMITMENTS lely to be t•ound £2,(. 11.UABILITY OF MEMBERS In the event of ¢he up drj the of ¢4)e )ear every memlxr uTrJertakes to the tssets tsftt Ccmpgny 8rTrxint eXceel £5 ky ihe p8wrnt at 31st Ccwtr 2023 1112022.. 111. 12-PENSION COSTS AND RELATED coNNGNT LIABILttY Tn w•s£2 m 2023.
ESSEX HALL Inco orated under the Com anies Act Acom an ' Limited b ' Guarantee FOR THE YEAR ELNDED 31 DECEMBER 2023 Pag¢ 17 13- ANALYSIS OF NET ASSETS BEfwEEM FUNDS Unresiricteo FuThJg Designated Fund5 Restricted Revaluaiion Fundg Reserye 2023 Tothl Tangible F¢d Assets Investments Net Currenl Awts 345.726 1.03B.714 70.110 6.5$4.274 6.9QO,000 1.038,714 465 159 8 403 873 164 $87 6.554 274 UnfestrKted Fvnd$ Designated Fund$ Restricted Revaluation Funds Reserve 2022 Total Tangible FNed A88ets Investmenis Net Current Assets 345.726 10.154.274 10,500,000 1,012,490 454,162 11 976652 69.484 1 ?98 73? 370.682 152.964 152964 10 154274 comp Registration No 00023132