2022-12-31-accounts

				Page
Reference and administrative			details ofthe Charity, its Trustees and advisers	1-2
Trustees' report				3-9
Independent	auditor's	report	on the financial statements	10-13
Consolidated	statement	offinancial activities		14
Consolidated	balance sheet			15
Charity balance sheet				16
Consolidated	statement	ofcash flows
Notes to the	financial statements			18-40

		FOR THE	YEAR ENDED 31DE	CEMBER 2022
			Unrestricted	Endowment	Total	Total
			funds	funds	funds	funds
			2022	2022	2022	2021
			6	E	E	5
Income and endowments		from:
Charitable activities			3,442,517		3,442,517	2,606,803
Other trading activities			1,149,051		1,149,051	877,476
Investments			104,063	56,034	160,097	213,779
Other incoming resources						61,781
Total income and endowments			4,695,631	56,034	4,751,665	3,759,839
Expenditure on:
Raising funds:
Fundraising trading			990,794		990,794	637,490
Investment management		and bank
charges			76,626	27,375	104,001	101,988
Charitable activities:
Upkeep ofthe castle			2,176,033		2,176,033	1,587,698
Costs ofadmissions	and	castle
opening			875,336		875,336	651,253
Governance costs			61,192		61,192	46,318
Total expenditure			4,179,981	27,375	4,207,356	3,024,747
Net income before net (losses)/gains
on investments			515,650	28,659	544,309	735,092
Net (losses)/gains on investments			(535,647)	(386,791)	(922,438)	520,549
Net movement in funds			(19,997)	(358,132)	(378,129)	1,355,741
Reconciliation offunds:
Total funds brought forward			10,658,142	3,986,781	14,644,923	13,289,182
Net movement in funds			(19,997)	(358,132)	(378,129)	1,355,741
Total funds carried forward			10,638,145	3,628,649	14,266,794	14,644,923

		CHARITY	CHARITY	BALANCE SHEET
		AS AT	31	DECEMBER 2022
		Note		2022f		2021f
Fixed assets
Tangible assets			13	827,255		655,768
Heritage assets			15	475,683		475,683
Investments			16	10,826,491		10,363,580
				12,129,429		11,495,031
Current assets
Debtors			18	1,314,795	1,267,056
Cash at bank and in hand				757,235	1,899,755
				2,072,030	3,166,811
Creditors: amounts	falling due within one
year			19	(155,847)	(116,084)
Net current assets				1,916,183		3,050,727
Total assets less current liabilities				14,045,612		14,545,758
Total net assets				14,045,612		14,545,758
Charity funds
Endowment funds		20		3,628,649		3,986,781
Unrestricted funds		20		10,416,963		10,558,977
Total funds				14,045,612		14,545,758

		FOR T	HE	YEAR ENDED 31 DECEM	BER 20	22
							2022	2021
					Note		5	E
Cash flows from operating		activities
Net cash	used in operating	activities				23	696,459	194,146
Cash flows from investing		activities
Bank interest							1,353	230
Proceeds	from the sale oftangible fixed		assets				3,750
Purchase	oftangible fixed assets						(256,768)	(16,397)
Purchase	of investments						(1,300,000)
Net cash	used in investing	activities					(1,551,665)	(16,167)
Change	in cash and cash	equivalents	in	the year			(855,206)	177,979
Cash and	cash equivalents	at the beginning		ofthe year			2,415,578	2,237,599
Cash and cash equivalents		at the end of		the year		24	1,560,372	2,415,578
The notes on pages 18to40 form part ofthese financial statements

Freehold property,	Freehold property,	Freehold property,	10 - 20'/o straight	10 - 20'/o straight	line	line
improvements	&gardens
Motor vehicles		&groundsmens'-	25'k straight	line
equipment
Restaurant &	gift shop fixtures &-		10/o - 33/o	straight		line
fittings
Castle fixtures		&fittings &	10/o - 33/o	straight		line
groundsmens'		equipment
Fixtures, fittings		&computer	254/o - 33/o	straight		line
equipment

Unrestricted	Total	Total
funds	funds	funds
2022	2022	2021
6	K	F
3,442,517	3,442,517	2,606,803

		Unrestricted	Total	Total
		funds	funds	funds
		2022	2022	2021
		6	6	6
Subsidiary	income	796,522	796,522	590,080
Rental/car	park income	312,529	312,529	287,396
Facility hire		40,000	40,000
Total 2022		1,149,051	1,149,051	877,476

		Unrestricted	Endowment	Total	Total
		funds	funds	funds	funds
		2022	2022	2022	2021
		6	6	6	6
Investment	income	102,710	56,034	158,744	213,549
Bank interest		1,353		1,353	230
Total 2022		104,063	56,034	160,097	213,779

							Unrestricted	Total	Total
							funds	funds	funds
							2022	2022	2021
							6	6	6
	Government		grants						17,403
	Insurance	income							44,378
	Total 2022								61,781
8,	Finance costs
						Unrestricted	Endowment	Total	Total
						funds	funds	funds	funds
						2022	2022	2022	2021
						6	6	6	6
	Investment		management		fees and bank
	charges					76,626	27,375	104,001	101,988
9.	Analysis	ofexpenditure			on charitable	activities
	Summary		by fund	type
							Unrestricted
							funds	Total	Total
							2022	2022	2021
							6
	Upkeep ofthe Castle						2,176,033	2,176,033	1,587,698
	Cost ofadmissions			and	Castle opening		875,336	875,336	651,253
	Governance		costs				61,192	61,192	46,318
	Total 2022						3,112,561	3,112,561	2,285,269

		Staff costs	Staff costs	Depreciation	Depreciation	Other costs	Total	Total
			2022		2022	2022	2022	2021
			5		5	8	6	F
Upkeep ofthe Castle			841,132		64,511	1,270,390	2,176,033	1,587,698
Cost ofadmissions and	Castle
opening			423,664			451,672	875,336	651,253
Governance costs			7,741			53,451	61,192	46,318
Total 2022			1,272,537		64,511	1,775,513	3,112,561	2,285,269
Net income/(expenditure)
This is stated after charging:
							2022	2021
							E	5
Depreciation oftangible	fixed	assets					93,491	93,442
Fees payable to the Charity's		auditor	in respect	of:
- Accountancy and audit							16,000	15,750
Operating lease rentals							31,241	18,337
During the year, no Trustees		received any benefits			in kind (2021:EN8).
During the year, 1 Trustee received			reimbursement		ofexpenses	of5185(2021:	EN8).

			Group	Group	Charity	Charity
			2022	2021	2022	2021
			5	8	6	5
Wages and	salaries		1,384,025	1,081,503	1,211,226	973,339
Social security costs			75,286	63,826	68,234	60,178
Contribution	to defined contribution	pension
schemes			51,644	52,722	49,244	52,509
			1,510,955	1,198,051	1,328,704	1,086,026

				Group	Group	Group	Charity	Charity
				2022	2021		2022	2021
				No.	No.		No.	No.
Restaurant	and	shop staff		5		5
Administration				4		4	3	3
Castle opening		staff (temporary)		76		56	70	63
				85		65	73	66
The number	of	employees	whose employee	benefits (excluding	employer	pension costs) exceeded
660,000was:
							Group	Group
							2022	2021
							No.	No.

	Freehold	Coffee	Motor vehicles	Restaurant	Fixtures,
	property,	shop	&	&gift shop	fittings &
	improvements	fixtures &	groundsmens'	fixtures &	computer
	&gardens	fittings	equipment	fittings	equipment	Total
	E	6	6	E	6	5
Cost or valuation
At 1 January 2022	2,545,857	63,508	161,722	182,063	434,736	3,387,886
Additions		5,388	29,500	13,780	208,100	256,768
Disposals		(611)	(13,755)	(2,746)	(29,969)	(47,081)
At 31 December 2022	2,545,857	68,285	177,467	193,097	612,867	3,597,573
Depreciation
At 1 January 2022	2,023,902	49,469	138,503	120,677	324,142	2,656,693
Charge for the year	41,272	4,374	10,225	24,606	13,014	93,491
On disposals		(611)	(12,153)	(2,746)	(29,969)	(45,479)
At 31 December 2022	2,065,174	53,232	136,575	142,537	307,187	2,704,705
Net book value
At 31 December 2022	480,683	15,053	40,892	50,560	305,680	892,868
At 31 December 2021	521,955	14,039	23,219	61,386	110,594	731,193

	Freehold	Motor	Fixtures &
	property 5	vehicles 5	fittings 8	Total 6
Cost or valuation
At 1 January 2022	2,545,857	161,722	434,736	3,142,315
Additions		29,500	208,100	237,600
Disposals		(13,755)	(29,969)	(43,724)
At 31 December 2022	2,545,857	177,467	612,867	3,336,191
Depreciation
At 1 January 2022	2,023,902	138,503	324,142	2,486,547
Charge for the year	41,272	10,225	13,014	64,511
On disposals		(12,153)	(29,969)	(42,122)
At 31 December 2022	2,065,174	136,575	307,187	2,508,936
Net book value
At 31 December 2022	480,683	40,892	305,680	827,255
At 31 December 2021	521,955	23,219	110,594	655,768

		Endowment	East Wing	General fund
		fund	sinking fund	investments	Total
Group		6	6		6
Cost or valuation
At 1 January 2022		3,986,781	42,381	6,334,318	10,363,480
Investment income		56,034	1,859	100,851	158,744
Management fees		(27,375)	(305)	(45,715)	(73,395)
Realised and unrealised	gains/(losses)	(386,791)	(3,875)	(531,772)	(922,438)
Additions				1,300,000	1,300,000
At 31 December 2022		3,628,649	40,060	7,157,682	10,826,391
Net book value
At 31 December 2022		3,628,649	40,060	7,157,682	10,826,391
At 31 December 2021		3,986,781	42,381	6,334,318	10,363,480

	Shares	in	Endowment	East Wing	General fund
	subsidiary		fund	sinking fund	investments	Total
Charity	6		E	6	6	6
Cost or valuation
At 1 January 2022		100	3,986,781	42,381	6,334,318	10,363,580
Investment income			56,034	1,859	100,851	158,744
Management fees			(27,375)	(305)	(45,715)	(73,395)
Realised and unrealised
gains/(losses)			(386,791)	(3,875)	(531,772)	(922,438)
Additions					1,300,000	1,300,000
At 31 December 2022		100	3,628,649	40,060	7,157,682	10,826,491
Net book value
At 31 December 2022		100	3,628,649	40,060	7,157,682	10,826,491
At 31 December 2021		100	3,986,781	42,381	6,334,318	10,363.580

Name					Company		Class of	Holding
					number		shares
Arundel	Castle Enterprises		Limited		01521264		Ordinary	1PP'/o
The financial		results ofthe	subsidiary	for the year were;
Name				Income	Expenditure	Profit/(Loss)		Net assets
				6	6	for	the year	6
							6
Arundel	Castle Enterprises		Limited	797,160	(639,271)		157,889	221,282

Duke of N	orfolk. The fund is represent	ed by:
		Market	Cost	Market Value	Cost
		Value 2022	2022	2021	2021
		6	6	F	E
UK listed investments		200,037	198,844	288,117	237,099
Overseas	listed investments	1,845,660	1,340,278	2,204,466	1,399,105
Other unlisted securities Bonds and fixed interest		873,291 ~47 41	950,368 474 591	752,784 640700	775,961 ~93 2
Sub total		3,410,329	2,964,081	3,886,147	3,005,694
Investment	deposit account	~277 59	~2776 9	100634	~tiUlu
Total		3627900	3 101740	3906701	~31 328

This repres by:	ent	s funds invested in 19	93for future restoration	of the East	Wing. The fund	is represented
			Market	Cost	Market Value	Cost
			Value 2022	2022	2021	2021
Other unlisted		investments	6 ~3tl 94	6 ~34 1	6 34768	5 ~47 4
Sub total Investment Total	deposit account		30,894 ~97 7 ~4061	34,134 9167 ~307	34,768 7613 ~42 1	34,134 7613 41 747

The fund	is re	present	ed by:
					Market			Cost	Market Value	Cost
					Value 2022			2022	2021	2021
						6		6	F	5
UK listed investments						315,669		340,594	412,203	367,593
Overseas	listed investments				2,526,926			2,300,232	2,656,958	2,144,458
Other unlisted		securities			1,439,077			1,601,348	1,359,818	1,351,954
Bonds and fixed interest					~442		720	~1tm~22	~14 2 90	~14 144
Sub total					5,711,397			5,742,496	5,911,969	5,297,149
Investment	deposit account				1	440	013	1 440 013	~422 49	~422
Total					7156		410	7107509	6334310	5719490
The Trustees		consider the following		investment	to	be	material	(over 5% of total investment		fund) to th
market value		ofthe porffolio at 31 December 2022:
Schroder Diversified			Alternative - 5.8%
Stocks
									Group	Group
									2022	2021
									E	6
Gift shop goods for resale									87,541	81,382
Restaurant	stock								2117	2,291
									89,658	83,673

		Group	Group	Charity	Charity
		2022	2021	2022	2021
		6	6	6	F
Due within one year
Trade debtors		120,021	35,743	116,737	29,857
Amounts owed by group undertakings				733,283	575,896
Other debtors		68,149	320,646	68,149	320,646
Prepayments	and accrued income	396,626	340,659	396,626	340,657
		584,796	697,048	1,314,795	1,267,056

		Group	Group	Charity	Charity
		2022	2021	2022	2021
		6	E	E	E
Trade creditors		55,436	8,237	54,985	8,013
Other taxation and social security		1,526	22,898		22,144
Other creditors		600	250	600	250
Accruals and deferred	income	105,412	90,347	100,262	85,677
		162,974	121,732	155,847	116,084

Statement offunds	- curren	t year
						Balance at 31
		Balance at 1			Gains/	December
		January 2022	Income	Expenditure	(Losses)	2022
		5	6	E		6
Unrestricted funds
Designated funds
East Wing Sinking Fund		42,381	1,859	(305)	(3,874)	40,061
General funds
General funds		10,615,761	4,693,772	(4,179,676)	(531,773)	10,598,084
Total Unrestricted	funds	10,658,142	4,695,631	(4,179,981)	(535,647)	10,638,145
Endowment funds
Endowment funds		3,986,781	56,034	(27,375)	(386,791)	3,628,649
Total offunds		14,644,923	4,751,665	(4,207,356)	(922,438)	14,266,794

Statement	offunds	- prior y	ear
							Balance at
			Balance at				31
			1 January			Gains/	December
			2021	Income	Expenditure	(Losses)	2021
			5		5	5	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

Summary	offunds - current ye	ar
						Balance at 31
		Balance at 1			Gains/	December
		January 2022	Income	Expenditure	(Losses)	2022
		E	6	6	6
Designated	funds	42,381	1,859	(305)	(3,874)	40,061
General funds		10,615,761	4,693,772	(4,179,676)	(531,773)	10,598,084
Endowment	funds	3,986,781	56,034	(27,375)	(386,791)	3,628,649
		14,644,923	4,751,665	(4,207,356)	(922,438)	14,266,794
Summary	offunds - prior year
						Balance at
		Balance at				31
		1 January			Gains/	December
		2021	Income	Expenditure	(Losses)	2021
			F	6	E	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

Analysis of net assets between funds - cur	rent year
	Unrestricted	Endowment	Total
	funds	funds	funds
	2022	2022	2022
	6	6	6
Tangible fixed assets	892,868		892,868
Fixed asset investments	7,197,742	3,628.649	10,826,391
Heritage assets	475,683		475,683
Current assets	2,234,826		2,234,826
Creditors due within one year	(162,974)		(162,974)
Total	10,638,145	3,628,649	14,266,794

22.	Analysis ofnet assets between	Analysis ofnet assets between	Analysis ofnet assets between	Analysis ofnet assets between	funds (continued)
	Analysis ofnet assets between				funds - prior year
						Unrestricted	Endowment	Total
						funds	funds	funds
						2021	2021	2021
						6	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
23.	Reconciliation of	net movement			in funds to net cash flow from operating		activities
							Group	Group
							2022	2021
								6
	Net income/expenditure			for the year (as per Statement		of Financial
	Activities)						(378,129)	1,355,741
	Adjustments for:
	Depreciation charges						93,491	93,442
	(Gains)/losses on investments						922,438	(620,649)
	Investment income						(160,097)	(213,779)
	Loss/(profit) on the	sale offixed assets					(2,148)	3,706
	Decrease/(increase)		in	stocks			(5,985)	29,782
	Decrease/(increase)		in	debtors			112,252	(415,319)
	Increase/(decrease)		in creditors				41,242	(111,135)
	Investment management			fees paid	by fund		73,395	72,357
	Net cash provided	by		operating	activities		696,459	194,146

		Group	Group
		2022	2021
		5	5
Cash	in hand	1,560,372	2,415,578
Total	cash and cash equivalents	1,560,372	2,415,578

									At 31
						At	1 January		December
							2022	Cash flows	2022
							5	E	5
Cash	at	bank	and	in	hand		2,415,578	(855,206)	1,560,372
							2,415,578	(855,206)	1,560,372

payments und	er non-cancegable operating leas	es as follows:
		Group	Group	Charity	Charity
		2022	2021	2022	2021
		6	E	6	5
Not later than	1 year	35,190	11,491	35,190	11,491
Later than 1 year and not later than 5years		122,313	48,850	122313	48,850
Later than 5years		27,650		27,650
		185,153	50,341	185,153	80,341