##
##
||||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|
##
#
##
##
##
##
##