2023-04-05-accounts

			Page
Report ofthe Governing		Body	1 —6
Independent	auditor's report		7-10
Consolidated	Statement	ofFinancial Activities
Consolidated	and Charity	Balance Sheet
Consolidated	and Charity	Statement ofCash Flows	13
Notes to the	financial statements		14 —30

		FOR	THE Y	EAR ENDED 5	APRIL 2023
					Total	Total
				Unrestricted	Restricted	2023	2022
			Note
Income and endowments	from:
Donations and legacies				22,844		22,844	40,231
Charitable activities:
Educational				354,196		354,196	339,442
Other trading activities:
Income from retail, events	and
catering				280,864		280,864	310,486
Investments				14140			93656
Total income and endowments						&55~4	~1~
Expenditure on:
Raising funds				353,129		353,129	298,049
Charitable activities
Educational				340,011		340,011	320,612
Maintenance of Burton Agnes and surroundings		Hall			191428	~+/	~IQQ
Total expenditure				%93~	~421	~~8	ZM 451
Net income/(expenditure)
before movement on investments				(21,096)	(108,278)	(129,374)	17,334
Gains/(losses) on investments				~2666		~2666	54 759
Net income/(expenditure)				~23762	~108278	~132040	72 093
Net movement in funds				(23,762)	(108,278)	(132,040)	72,093
Reconciliation offunds:
Total funds brought forward				1 754 874	6073931	7828 805	7756 715

				AS	AT 5APRIL	2023
						Group	Charity
				Note	2023	2022	2023	2022
						F	K
Fixed assets
Tangible assets				12	1,030,345	914,559	1,028,132	910,?08
Investment	properties			12	5,515,900	5,515,900	5,515,900	5,515,900
Investments				14	1000098	995667	~lLiiii9	1 005668
					7546 343	7426 126	7554 131	7432 276
Current assets
Stocks				15	43,670	40,742	20,957	20,933
Debtors				16	94,703	81,970	78,257	110,515
Cash at bank		and in	hand		223 388	441 455	215026	394062
					361,761	564,167	314,240	525,511
Creditors: amounts one year			falling	due within 17	~211339	~161485)	~100323	~56 556
Net current	assets				150422	402 682	213917	468 955
Total assets		less current		liabilities	7,696,765	?,828,808	7,768,048	7,901,231
Net assets					~5L7@	7828 808	~luBi1i	7 901231
Funds
Restricted funds				19	5,965,653	6,0?3,931	5,965,653	6,0?3,931
Unrestricted	funds
Revaluation		fund		19	106,495	178,513	106,495	1?8,513
General fund				19	1 624617	1 576 364	1 695 900	1 648 787
Total funds					1Ji96~	7828808	L0ii+65	7 901 231

FOR TH	E YEA	R ENDED 5APRIL 2023	R ENDED 5APRIL 2023
		Group		Charity
	Note	2023	2022	2023		2022
Cash provided by operating activities	23	(74,001)	149,971	(36,234)		102,581
Cash flows from investing activities
Purchase oftangible fixed assets		(134,649)		(133,388)
Purchase of investments		(904,945)	(306,249)	(904,945)	(306,249)
Disposal of investments (proceeds)		895 530	308878	895530		308878
Cash used in investing activities		}}J9J~)	2 629	}}Jgj}L1)		2629
Increase/(decrease) in cash
and cash equivalents in the year		}2}J}J}u)	152601	~179037		105210
Cash and cash equivalents at the
beginning ofthe year		441 454	288855	394065		288855
Total cash and cash equivalents at the end ofthe year			441 454	~Jl2I		394065

Donations and leg	acies
		2023	2022
		K
Gifts and donations	receivable	22,844	33,141
Grants (HMRC & Local Council)		ZRJM	7090 ~0Z.

Income from charitable activities
	2023	2022
	R	F
Educational:
Hall admissions	353,194	337,697
Guide book sales	1002	1 745
		339442

			2023	2022
Shop, garden and cafe sales			228,301	257,553
Jazz and blues festival income			52 563	52933
Income			280,864	310,486
Management charge received			90000	35000
			370,864	345,486
Less: purchases, wages and festival costs			~337806	~292219
Gross profit/(loss)			33,058	53,267
Other operating income (Incl grants)				261
Administrative expenses			~30376	~27948
Operating profit Interest payable and similar charges			2,682 ~1540	25,580 ~1540
Profit for the year in Burton Agnes	Hall Trading	Limited		24040
Assets and liabilities:
Fixed assets			2213	3,851
Current assets			65,507	68,097
Current liabilities			~129002	~134372
Shareholders' funds (deficit)			~61 282	~62424

6.	Investment income
			2023	2022
			R	P
	Restricted funds:
	Rent receivable		83150	84 112
	Unrestricted funds:
	Dividends received		11,736	8,688
	Treasury interest received		2,022	856
	Bank deposit interest		382
			14140	9544
			@,2a	03656
7.	Costs ofretail, events and catering
			2023	2022
	Total expenses incurred as per note 4		369,722	321,707
	Less: Eliminated on consolidation		~117826	~68603)
	Total costs for purchases,	wages, festival costs and overheads

147,820) was attributable to restricted funds and restricted funds. upport costs allocated to charitable activities	f234,807 (2022: F320,612) was	attributed
	Total	Total
	2023	2022
Insurance	43,496	36,447
Light and heat	45,177	33,914
Advertising	9,286	9,445
Governance costs	28,292	23,349
Rates	4,804	8,148
Motor expenses	298	25
Depreciation	15,964	19,585
Telephone and postage	517	750
Bank charges and interest	10,934	11,337
Cleaning costs	2,745	3,034
Waste removal	9,177	7,693
Subscriptions	798	2,940
Other indirect costs.	12092	2 771
Total support costs		~59~33

This is stated aft	er chargi	ng:
					2023	2022
Auditors' remuneration:
Audit Fee					7,075	6,075
Accountancy,	taxation	and	other	services	7,075	6,075
Depreciation					18863	20869

Staffcosts
	2023	2022
Wages and salaries	292,999	268,524
Pension costs	3,882	3,651
Social security costs	11789	11758
	3QgJull	283933

The aver	age	monthly numb	er ofemployees during the yea	r was as follows:
				2023	2022
				Number	Number
Burton Agnes		Hall opening	and retail shops	25	24
Gardens	and	maintenance		4	3
				29	27

Group		Freehold	Heritage	Plant,	Playground	Total
		Property	assets	Equipment	Equipment
		and		&fixtures
		Endowment
		Land
Cost or valuation
At 6April	2022	423,254	408,364	258,375	153,965	1,243,958
Additions		28,184		106,465		134,649
Disposals				35,533		35,533
At 5April	2023	451,438	408,364	329,306	153,965	1,343,073
Depreciation
At 6April	2022	49,596	2,184	254,524	23,094	329,398
Charge for the year		8,266		2,899	7,698	18,863
Eliminated	on
disposal				35,533		35,533
At 5April	2023	57,862	2,184	221,890	30,792	312,728
Net book value
At 5April	2023	393,576	406,180	107,417	123,173	1,030,345
At 5April	2022	373,658	406,180	3,851	130,871	914,559
Charity		Freehold	Heritage	Plant,	Playground	Total
		Property	assets	Equipment	Equipment
		and		&fixtures
		Endownant
		Land
		E
Cost or valuation
At 6April	2022	423,254	408,364	186,753	153,965	1,172,335
Additions		28,184		105,204		133,388
Disposals				35,533		35,533
At 5April	2023	451,438	408,364	256,423	153,965	1,270,190
Depreciation
At 6April	2022	49,596	2,184	186,753	23,094	261,627
Charge for the year		8,266			7,698	15,964
Eliminated	on
disposal				35,533		35,533
At 5April	2023	57,862	2,184	151,220	30,792	242,058
Net book value
At 5April	2023	393,576	406,180	105,203	123,173	1,028,132
At 5April	2022	373,658	406,180		130,871	910,708

Fixed asset investments	Fixed asset investments
			Managed	Gilts	2023	2022
Group		Equities	Funds
Listed investments	at market value
At 6 April 2022		536,578	294,165	164,924	995,667 1,006,801
Additions		396,776	155,306	352,863	904,945	306,249
Disposals Revaluation		(320,363) ~180847	(128,449) 140920	(379,683) ~32 092	(828,496) ~72 018	(308,878) ~8504
Balance at 5April 2023		622jkg	46}/+2	106012	1 000098	995667
Historical cost at 5	April 2023	@5,6}}}}	2662}26	126942	~~6}1 820 878

Included in the above porffolio the following investments c market value at 5 April 2023.	omprise 5% or more of	the porffol
	2023	2022
	f.
Ruffer liquid Multi Strategies Fund 2015 Limited	87,819	86,824
Ruffer Protection Strategies International	75,049	50,710
Windsor Tree Brent Crude Oil	74,789
Ruffer SICAV Fixed Income Z GBP Distribution	299072	156631
	238+29	294 165
Charity
Listed investments at market value	1,000,098	995,667
Investment in subsidiary company at cost	10001	10001

			Group		Charity	Charity
		2023	2022		2023	2022
				F			F
Guide	books	11,957	11,933		11,957	11,933
Goods	for resale		28	809	9000	9	000
		4&ZQ	40	742	20P5Z	20	933

Debtors
				Group	Charity
			2023	2022	2023	2022
						F
Trade debtors			36,191	47,045	35,820	47,045
Amount owed	by subsidiary	company				29,443
Prepayments	and accrued	income	57,058	34,097	42,399	33,199
Other debtors			1 454	828	38	828
			I~+	81970	7Q~	110515

						Group	Charity	Charity
					2023	2022	2023	2022
					E	E			F
Trade creditors					54,186	21,374	36,488	17,002
Taxation	and social security				4,837	113	4,837
Amounts	owed to subsidiary		company				17,986
Amounts	owed to related undertakings			(note 22)	75,000	75,000
Accruals	and deferred	income			77316	64 998	41 011	39	554
					211339	161485	39a323	56	556

received in advan	ce.
							Group	Charity
Balance as at 6 April 2022							39,789	18,519
Amount released	to other trading		activities				(21,270)
Amount released Amount deferred	to charitable in the year	activities					(18,519) 50161	(18,519) 17590
Balance as at 5April 2023								17590
Statement ofGroup Funds
			At				Net	At
			6April				(loss) gain	5April
			2022	Income		Expenditure	on Investments	2023
					R
General reserve		1,576,364		672,044		(693,140)	69,352	1,624,617
Revaluation fund			178513				~72018	106495
Total unrestricted	funds	1,754,877		672,044		(693,140)	(2,666)	1,731,112
Restricted fund		6	073931		83 150	~191428		5965 653
Total funds		7828 808		755194		~884568	~2666	7698765
Analysis ofgroup net assets		between funds
						Unrestricted	Restricted	Total
						Funds	Funds	Funds
Fund balances at	5April 2023	are represented			by:
Tangible fixed assets and investment properties						614,219	5,932,026	6,546,245
Investments Net current assets						700,098 416794	300,000 ~266373	1,000,098 ~iL822,
Total net assets

Reconciliation ofnet movement	in funds to	net cash flow from opera	net cash flow from opera	ting activities	ting activities
		Group		Charity
		2023	2022 F	2023	2022f
Net movement in funds		(132,040)	72,093	(133,182)	48,053
Add back depreciation charge		18,863	20,869	15,964	19,585
Less Profit on disposal of investments		(67,034)		(67,034)
Decrease/(Increase) in stock		(2,928)	10,897	(24)	1,055
Decrease/(Increase) in debtors		(12,733)	25,817	32,258	22,155
(Decrease)/Increase in creditors		49,854	11,789	43,767	3,227
Unrealised loss/(gain) on forward contracts Unrealised loss/(gain) on investments		72018	399 8 106	02'!k	399 8 106
Net cash provided by operating	activities	~+lj22l	149970	~36234	102580