2021-12-31-accounts

				Page
Reference and administrative		details	ofthe Charity, its Trustees and advisers	1-2
Trustees' report				3-10
Independent	auditor's report	on the	financial statements	11-14
Consolidated	statement offinancial		activities	15
Consolidated	balance sheet			16
Charity balance sheet
Consolidated	statement ofcash flows			18
Notes to the	financial statements			19-41

Admissi	on statistics for the 2021 season compared	with the previous 2s	easons are summar	ised as follow
		2021	2020	2019
Number	ofdays castle open to the public	192	98	193
Number	ofvisitors
	Castle	100,244	34,417	145,088
	Grounds	49,924	18,934	44,818
Normal	admission charge
	Adults	523.00	515.00	520.00
	Senior Citizens	N/A	NIA	517.50
	Children	F10.00	85.00	511.00

		FOR THE	YEAR ENDED 31 D	ECEMBER 2021
			Unrestricted	Endowment	Total	Total
			funds	funds	funds	funds
			2021	2021	2021	2020
			6	6	6	F
Income and endowments		from:
Charitable activities			2,606,803		2,606,803	627,688
Other trading activities			877,476		877,476	180,219
Investments			83,144	130,635	213,779	119,457
Other incoming resources			61,781		61,781	90,526
Total income and endowments			3,629,204	130,635	3,759,839	1,017,890
Expenditure on:
Raising funds:
Fundraising trading			637,490		637,490	429,596
Investment management		and bank
charges			74,989	26,999	101,988	75,153
Charitable activities:
Upkeep ofthe castle			1,587,698		1,587,698	1,458,646
Costs ofadmissions	and	castle
opening			651,253		651,253	447,583
Governance costs			46,318		46,318	30,012
Total expenditure			2,997,748	26,999	3,024,747	2,440,990
Net income/(expenditure)		before net
gains on investments			631,456	103,636	735,092	(1,423,100)
Net gains on investments			427,694	192,955	620,649	941,310
Net movement in funds			1,059,150	296,591	1,355,741	(481,790)
Reconciliation offunds:
Total funds brought forward			9,598,992	3,690,190	13,289,182	13,770,972
Net movement in funds			1,059,150	296,591	1,355,741	(481,790)
Total funds carried forward			10,658,142	3,986,781	14,644,923	13,269,182

	FOR T	HE	YEAR ENDED 31 DECEM	BER 20	21
						2021	2020
				Note		6	6
Cash flows from operating	activities
Net cash used in operating	activities				23	194,146	(1,036,638)
Cash flows from investing	activities
Dividends and interests						230	4,610
Purchase oftangible fixed assets						(16,397)	(236,713)
Net cash used in investing	activities					(16,167)	(232,103)
Change in cash and cash	equivalents	in	the year			177,979	(1,268,741)
Cash and cash equivalents	at the beginning		ofthe year			2,237,599	3,506,340
Cash and cash equivalents	at the end of		the year		24	2,415,578	2,237,599
The notes on pages 19to 41 form part ofthese financial statements

Unrestricted	Total	Total
funds	funds	funds
2021	2021	2020
6	6	F
2,606,803	2,606,803	627,688

		Unrestricted	Total	Total
		funds	funds	funds
		2021	2021	2020
		6	6	E
Subsidiary	income	590,080	590,080	8,661
Rental/car	park income	287,396	287,396	171,558
Total 2021		877,476	877,476	180,219

		Unrestricted	Endowment	Total	Total
		funds	funds	funds	funds
		2021	2021	2021	2020
		6	6	6	6
Investment	income	82,914	130,635	213,549	114.847
Bank interest		230		230	4.610
Total 2021		83,144	130,635	213,779	119,457

					Unrestricted	Total	Total
					funds	funds	funds
					2021	2021	2020
					E	5	5
	Government	grants			17,403	17,403	90,526
	Insurance	income			44,378	44,378
	Total 2021				61,781	61,781	90,526
8.	Finance costs
				Unrestricted	Endowment	Total	Total
				funds	funds	funds	funds
				2021 8	2021 f	2021 5	2020 8
	Investment	management	fees and bank
	charges			74,989	26,999	101,988	75,153

			Unrestricted	Total	Total
			funds	funds	funds
			2021	2021	2020
			E	5
Upkeep of	the Castle		1,587,698	1,587,698	1,459.078
Cost ofadmissions		and Castle opening	651,253	651,253	443,843
Governance	costs		46,318	46,318	33,320
Total 2021			2,285,269	2,285,269	1,936,241

									Total	Total
			Staff costs		Depreciation			Other costs	funds	funds
				2021			2021	2021	2021	2020
				5			6	5	6	5
Upkeep ofthe Castle				698,888			63,508	825,302	1,587,698	1,459,078
Cost of admissions	and Castle
opening				324,000				327,253	651,253	443,843
Governance costs				8,762				37,556	46,318	33,320
Total 2021				1,031,650			63,508	1,190,111	2,285,269	1,936,241
Net income/(expenditure)
This is stated after charging:
									2021	2020
									5	5
Depreciation oftangible fixed		assets							93,442	69,628
Fees payable to the Charity's		auditor		in respect	of:
- Accountancy and	audit								15,750	15,220
Operating lease rentals									18,337	19,359
During the year, no	Trustees	received any benefits				in kind (2020; ENil).
During the year, no	Trustees	received reimbursement					ofexpenses (2020:ENII).
Staff costs
Staffcosts were as	follows:
						Group		Group	Charity	Charity
							2021	2020	2021	2020
							6	6	6	E
Wages and salaries						1,085,364		867,189	973,339	832,238
Social security costs							60,178	56,521	60,178.	53,365
Contribution to defined contribution			pension
schemes							52,509	49,514	52,509	49,514
						1,198,051		973,224	1,086,026	935,117

Group	Group
2021	2020
No.	No.

	Freehold
	properly,			ISotor vehicles &	Restaurant	&g)R	Rxtures, Rtffngs
	ImProvements	&	Coffee ahoP	groundsmens'	shop Sxlures 6		&computer
	gardens		Rxtures &Rtdngs	equipment	Iffffngs		equipment	Total
	E		E	E	E		E	E
Cost orvaluation
At I January 2021	2,$46,$ST			160,$37	183,124		427,4$4	3,380AOS
Add xions			6SS	1,08$		7,490	7,272	10,397
Dispossls			(309)			(8,661)		($,920)
At 31 December 2021	2,545,$67		03,609	1$1.722	182,063		434,736	3,387,8$6
Depreciation
At I January 2021	1,962,630		4S,163	12$,326	100,203		312,0S3	2,566~5
Charge for tha year	41,272		4,641	10,177		26,393	12,0S9	93,442
On disposals			(236)			(4,970)		IS,214)
Ai 31 December 2021	2,023,902			138,S03	120,677		324,142	2,$S$,693
Net book value
At 31 December 2021	621,966		14,039	23,219		81,3SS	110,694	731,193
At 31 December 2019	503,227		18,164	32.311		82,$61	115.381	811,044

Freehold	Motor	Fixtures 6
properly 6	vehicles 6	fhtlngs 6	Total 6
2,546,$67	160,537	427,484	3,133,96$
	1,0S6	7,272	0,3ST
2,645,$57	181,722	434,736	3,142,316
1,982,530 41,272	12eD2e 10,177	312,0$3 2A23,039 12,06963,600
2,023,902	130,603	324,142	2,488,647
S21,$5S	23,219	110,694	666,760
563,227	32,311	115,3$1	710,019

		Endowment	East Wing	General fund
		fund	sinking fund	investments	Total
Group		6	6	6	6
Cost or valuation
At 1 January 2021		3,686,254	42,775	5,872,610	9,601,639
Investment income		130,635	1,290	81,624	213,549
Management fees		(26,999)	(306)	(45,052)	(72,357)
Realised and unrealised	gains/(losses)	196,891	(1,378)	425,136	620,649
At 31 December 2021		3,986,781	42,381	6,334,318	10,363,480
Net book value
At 31 December 2021		3,986,781	42,381	6,334,318	10,363,480
At 31 December 2020		3,686,254	42,775	5,872.610	9,601,639

	Shares	in	Endowment	East Wing	General fund
Charity	subsidiary 5		fund f	sinking fund	investments 6	Total 5
Cost or valuation
At 1 January 2021		100	3,686,254	42,775	5,872,610	9,601,739
Investment income			130,635	1,290	81,624	213,549
Management fees			(26,999)	(306)	(45,052)	(72,357)
Realised and unrealised
gains/(losses)			196,891	(1,378)	425,136	620,649
At 31 December 2021		100	3,986,781	42,381	6,334,318	10,363,580
Net book value
At 31 December 2021		100	3,986,781	42,381	6,334,318	10,363,580
At 31 December 2020		100	3,686,254	42,775	5,872,610	9,601,739

Name					Company		Class of	Holding
					number		shares
Arundel	Castle Enterprises		Limited		01521264		Ordinary	100'/o
The financial		results ofthe	subsidiary	for the year were:
Name				Income	Expenditure	Profit/(Loss)		Net assets
				6		for	the year	6
							6
Arundel	Castle Enterprises		Limited	590,099	(403,053)		187,046	99,265

Duke of N	orfolk. The fund is represent	ed by:
		Market	Cost	Market Value	Cost
		Value 2021 6	2021f	2020 F	2020 6
UK listed investments		288,117	237,099	130,106	123,946
Overseas	listed investments	2,204,466	1,399,105	1,878,427	1,384,920
Other unlisted securities		752,784	775,961	747,905	675,823
Bonds and fixed interest		IL4~70	~@~2	t)37RK	61~4
Sub total		3,886,147	3,005,694	3,394,348	2,800,732
Investment	deposit account	~135u2	illtl,534	~27 06	~27 6
Total		~9IL66ll1	~1)'t~2	~~66 2 4	~~92ggQ

This repres by:	ent	s funds invested in 19	93for future restoration	of the East W	ing. The fund	is represented
			Market	Cost	Market Value	Cost
			Value 2021	2021	2020	2020
Other unlisted		investments	5 ~76	6 ~134	F ~277	F ~22 1
Sub total Investment	deposit account		34,768 7613	34,134 7613	32,718 ~10 59	22,615 10059
Total			42 301	41 747	42 777	32674

The fund	is represented by:
		Market	Cost	Market Value	Cost
		Value 2021	2021	2020	2020
		5	6	5	5
UK listed investments		412,203	367,593	1,410,942	1,278,535
Overseas	listed investments	2,656,958	2,144,458	2,146,995	1,622,128
Other unlisted securities Bonds and fixed interest		1,359,818 ~142m	1,351,954 1434 144	1,146,881 ~72 7D6	1,217,696 72127I4
Sub total		5,911,969	5,297,149	5,457,524	4,845,263
Investment	deposit account	422 349	422 349	41~ 082	~41 Dfl2
Total		6334318	5719498	5872606	526D345

		Group	Group
		2021	2020
		5
Gift shop goods for resale		81,382	109,858
Restaurant	stock	2,291	3,278
Cafe stock			319
		83,673	113,455

		Group	Group	Charity	Charity
		2021	2020	2021	2020
		6	5	5	6
Due within one year
Trade debtors		35,743	34,804	29,857	34,804
Amounts owed by group undertakings				575,896	366,747
Other debtors		320,646	83,612	320,646	83,612
Prepayments	and accrued income	340,659	260,628	340,657	259,516
		697,048	379,044	1,267,056	744,679

	Group	Group	Charity	Charity
	2021	2020	2021	2020
	6	6	6	6
Trade creditors	8,237	304,348	8,013	303,765
Other taxation and social security	22,898		22,144
Other creditors	250	250	250	250
Accruals and deferred income	90,347	25,584	85,677	21,084
	121,732	330,182	116,084	325,099

Statement offunds	- current	year
						Balance at 31
		Balance at 1			Gains/	December
		January 2021	Income	Expenditure	(Losses)	2021
		5	5	6		5
Unrestricted funds
Designated funds
East Wing Sinking Fund		42,825	1,290	(306)	(1,428)	42,381
General funds
General funds		9,556,167	3,627,914	(2,997,442)	429,122	10,615,761
Total Unrestricted	funds	9,598,992	3,629,204	(2,997,748)	427,694	10,658,142
Endowment funds
Endowment funds		3,690,190	130,635	(26,999)	192,955	3,986,781
Total offunds		13,289,182	3,759,839	(3,024,747)	620,649	14,644,923

Statement	offunds	- prior y	ear
							Balance at
			Balance at				31
			1 January			Gains/	December
			2020	Income	Expenditure	(Losses)	2020
					8	6	F
Unrestricted	funds
Designated	funds
East Wing Sinking Fund			40,942	1,480	(243)	646	42,825
General funds
General funds			10,381,266	962,203	(2,421,054)	633,752	9,556,167
Total Unrestricted		funds	10,422,208	963,683	(2,421,297)	634,398	9,598,992
Endowment	funds
Endowment	funds		3,348,764	54,207	(19,693)	306,912	3,690,190
Total offunds			13,770,972	1,017,890	(2,440,990)	941,310	13,289,182

Summary	offunds - current ye	ar
						Balance at 31
		Balance at 1			Gains/	December
		January 2021	Income	Expenditure	(Losses)	2021
				6	6	6
Designated	funds	42,825	1,290	(306)	(1,428)	42,381
General funds		9,556,167	3,627,914	(2,997,442)	429,122	10,615,761
Endowment	funds	3,690,190	130,635	(26,999)	192,955	3,986,781
		13,289,182	3,759,839	(3,024,747)	620,649	14,644,923
Summary	offunds - prior year
						Balance at
		Balance at				31
		1 January			Gains/	December
		2020	Income	Expenditure	(Losses)	2020
		F	8	8	6	F
Designated	funds	40,942	1,480	(243)	646	42,825
General funds		10,381,266	962,203	(2,421,054)	633,752	9,556,167
Endowment	funds	3,348,764	54,207	(19,693)	306,912	3,690,190
		13,770,972	1,017,890	(2,440,990)	941,310	13,289,182

Analysis of net assets between funds - cur	rent year
	Unrestricted	Endowment	Total
	funds	funds	funds
	2021	2021	2021
	6	6
Tangible fixed assets	731,193		731,193
Fixed asset investments	6,376,699	3,986,781	10,363,480
Heritage assets	475,683		475,683
Current assets	3,196,299		3,196,299
Creditors due within one year	(121,732)		(121,732)
Total	10.658.142	3,986,781	14,644,923

							Unrestricted	Endowment	Total
							funds	funds	funds
							2020	2020	2020
							F	F	5
	Tangible fixed assets						811,944		811,944
	Fixed asset investments						5,911,449	3,690,190	9,601.639
	Heritage assets						475,683		475.683
	Current assets						2,730,098		2,730,098
	Creditors due within	one year					(330,182)		(330,182)
	Total						9,598,992	3,690,190	13,289,182
23.	Reconciliation ofnet		movement		in funds	to net cash flow from operating		activities
								Group	Group
								2021	2020
								6	5
	Net income/expenditure		for the year (as per			Statement of	Financial
	Activities)							1,355,741	(481,790)
	Adjustments for:
	Depreciation charges							93,442	69,628
	(Gains)/losses on investments							(620,649)	(941,310)
	Dividends and interest							(213,779)	(119,457)
	Loss on the sale offixed assets							3,706	8,640
	Decrease/(increase)	in	stocks					29,782	(55,154)
	Decrease/(increase)	in	debtors					(415,319)	151,098
	Increase/(decrease)	in	creditors					(111,135)	263,894
	Investment management fees			paid by fund				72,357	67,813
	Net cash provided by/(used			in) operating		activities		194,146	(1,036,638)

		Group	Group
		2021	2020
		5	5
Cash	in hand	2,415,578	2,237,599
Total	cash and cash equivalents	2,415,578	2,237,599

									At 31
						At	1January		December
							2021	Cash flows	2021
							6	5	E
Cash	at	bank	and	in	hand		2,237,599		2,415,578
							2,237,599	177,979	2,415,578

payments	und	er non-cancellable operating leas	es as follows:
			Group	Group	Charity	Charity
			2021	2020	2021	2020
				5		5
Not later than		1 year	11,491	18,337	11,491	18,337
Later than	1 year and not later than 5years		48,850	64,905	48,850	64,905
			60,341	83,242	60,341	83,242