## ## |Trustees||MrJ.Armstrong|(Chairman)| |---|---|---|---| |||Ms Clare Baxter|| |||Mr G. Castle|| |||Lady Victoria Percy|| |||Mr N. Salvesen|| |||Mr A. Wilson|| |Ex-officio Trustees||The Duke of Northumberland|| |||Col. A Gawthorpe|| |Charity number||273064|| |Principal address||The Abbot's Tower|| |||Alnwick Castle|| |||Alnwick|| |||Northumberland|| |||NE66 1NG|| |Independent|examiner|Colin Frame CA|| |||17Walkergate|| |||Berwick-upon-Tweed|| |||Northumberland|| |||TD15 1DJ|| |Bankers||Lloyds|| |||24 Bondgate
Within|| |||Alnwick|| |||Northumberland|| |||NE66 1TD|| ## ## ||||Page| |---|---|---|---| |Trustees'
report|||1-3| |Independent
examiner's||report|| |Statement
offinancial|activities||| |Balance sheet|||| |Notes to the financial|statements||7-22| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||Unrestricted|Unrestricted|Unrestricted|Restricted|Total|Total| |---|---|---|---|---|---|---|---|---|---| |||||funds||funds|funds|2022|2021| |||||general||designated|||| ||||Notes||||E||| |Donations
and legacies||||20,522||1,500||22,022|66,001| |Income from|charitable|activities||37,900||||37,900|27,940| |Other trading|activities|||10,151||||10,151|970| |Investments||||753||||753|515| |Other|||||||||1,188| |Total income|and endowments|||69,326||1,500||70,826|96,614| |Exeni
r|on:||||||||| |Raising funds||||5,117||||5,117|2,015| |Charitable
activities||||66,974||112|1,580|68,666|84,048| |Total expenditure||||72,091||112|1,580|73,783|86,063| |Net gains on|investments||13|(9,566)||||(9,566)|7,935| |Net movement
in funds||||(12,331)||1,388|(1,580)|(12,523)|18,486| |Fund balances at 1 January 2022||||123,499||78,941|24,912|227,351|208,865| |Fund balances at 31 December|||||||||| |2022||||111,168||80,329|23,332|214,829|227,351| ## ## ## |||||2022||2021|| |---|---|---|---|---|---|---|---| ||||Notes|F|||| |Fixed assets|||||||| |Tangible assets|||14||7,853||9,598| |Investments|||15||100,317||96,618| ||||||108,170||106,216| |Current assets|||||||| |Stocks|||17|1,103||3,031|| |Debtors|||18|591||8,287|| |Cash at bank|and in|hand||108,840||114,452|| |||||110,534||125,770|| |Creditors: amounts||falling due within|||||| |one year|||19|(3,875)||(4,635)|| |Net current assets|||||106,659||121,135| |Total assets|less current liabilities||||214,829||227,351| |Income funds|||||||| |Restricted funds|||20||23,332||24,911| |Unrestricted|funds -|designated|21||80,329||78,941| |Unrestricted|funds -|general|||111,168||123,499| ||||||214,829||227,351| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||Unrestricted|Unrestricted|Restricted|Total|Total| |---|---|---|---|---|---|---| |||funds|funds|funds|2022|2021| |||general|designated|||| |||||E||| |Donations|and gifts|19,548|||19,548|11,930| |Legacies|receivable|||||10,000| |Grants||974|||974|42,571| |Conservation|||1,500||1,500|1,500| |||20,522|1,500||22,022|66,001| |Forthe year ended 31 December||||||| |2021||37,473|1,500|27,028||66,001| ## |||Income from|Income from| |---|---|---|---| |||charitable|charitable| |||activities|activities| |||2022f|2021| |Visitor entrance fees||36,050|25,882| |Educational|entrance fees|100|| |Research fees||1,750|2,058| |||37,900|27,940| |||Unrestricted|Total| |---|---|---|---| |||funds|| |||general|| |||2022|2021| |Shop|sales|10,151|970| ## ## ## |6|Investments|Investments||||||| |---|---|---|---|---|---|---|---|---| ||||||||Unrestricted|Total| ||||||||funds|| ||||||||general|| ||||||||2022|2021| |||||||||E| ||Investment||income||||505|305| ||Interest|receivable|||||248|210| ||||||||753|515| |7|Other|||||||| ||||||||Unrestricted|Total| ||||||||funds|| ||||||||general|| ||||||||2022|2021f| ||Other income|||||||77| ||Government|||furlough||scheme||1,111| |||||||||1,188| |8|Raising|funds||||||| ||||||||Unrestricted|Total| ||||||||funds|| ||||||||general|| ||||||||2022|2021| |||||||||f| ||~Risin|f nds||||||| ||Opening|stock - shop|||||3,031|3,723| ||Shop purchases||||and|donated goods|2,149|241| ||Closing|shop||- stock|||(1,103)|(3,031)| ||Raising|funds|||||4,077|933| ||Investment||management||||1,040|1,082| ||||||||5,117|2,015| ## ## ## ## ||||Charitable|Other|Total|Total| |---|---|---|---|---|---|---| ||||Activitiesf||2022|2021| |Staff costs|||56,682||56,682|52,922| |Office and computer||equipment|664||664|2,038| |Storage equipment|||1,301||1,301|1,301| |Conservation|||112||112|905| |Redevelopment
project costs||||||15,629| |Computer
software|and consumables|||1,230|1,230|657| |Rent|||294|850|1,144|1,096| |Insurance||||1,069|1,069|1,015| |Repairs and cleaning||||913|913|2,070| |Travel expenses||||69|69|35| |Postage, stationery|and telephone|||769|769|797| |Advertising||||||1,501| |General
administration||expenses||499|499|391| |Bank charges||||389|389|226| |Fixtures and fittings|||55||55|| |Activity expenses|||768||768|| |Share ofgovernance||costs (see note 10)||3,002|3,002|3,465| ||||59,876|8,790|68,666|84,048| |Analysis
by fund||||||| |Unrestdcted
funds -|general||58,184|8,790|66,974|| |Unrestricted
funds -|designated||112||112|| |Restricted
funds|||1,580||1,580|| ||||59,876|8,790|68,666|| |Forthe year ended||31 December 2021||||| |Unrestricted
funds -|general||44,256|9,717||53,973| |Unrestricted
funds -|designated||27|||27| |Restricted
funds|||28,758|1,290||30,048| ||||73,041|11,007||84,048| ## ## ## ## |Support|costs||||| |---|---|---|---|---|---| |||Support|Governance|2022|2021| |||costs|costs||| |Accountancy|||3,002|3,002|3,465| ||||3,002|3,002|3,465| |Analysed|between||||| |Charitable|activities||3,002|3,002|3,465| ## ## ## |||2022|2021| |---|---|---|---| |||Number|Number| |Administration|||| |Seasonal|||| |Employment|costs|2022|2021| |Wages and salaries||53,621|50,569| |Other pension|costs|3,061|2,353| |||56,682|52,922| ## ## ## ## |Net gains/(|loss|es)
on investments||| |---|---|---|---|---| ||||Unrestricted|Unrestricted| ||||funds|funds| ||||general|general| ||||2022|2021| |||||F| |Revaluation|of|investments|(9,436)|7,800| |Gain/(loss)|on|sale of investments|(130)|135| ||||(9,566)|7,935| |14|Tangible fixed assets||||||| |---|---|---|---|---|---|---|---| ||||Storage|Office and|Artefacts|Fixtures and|Total| ||||equipment|computer||fittings|| |||||equipment|||| ||Cost||||||| ||At 1 January 2022||18,551|20,539|6,400||45,490| ||Additions|||||275|275| ||At 31 December 2022||18,551|20,539|6,400|275|45,765| ||Depreciation
and impairment||||||| ||At 1 January 2022||16,824|19,068|||35,892| ||Depreciation
charged|in the year|1,301|664||55|2,020| ||At 31 December 2022||18,125|19,732||55|37,912| ||Carrying
amount||||||| ||At 31 December 2022||426|807|6,400|220|7,853| ||At 31 December 2021||1,727|1,471|6,400||9,598| ## ## ## |||||Listed|Cash in|Total| |---|---|---|---|---|---|---| |||||investments|porffolio|| ||Cost or valuation|||||| ||At 1 January 2022|||95,242|1,376|96,618| ||Cash deposited||||15,000|15,000| ||Additions|||22,431|10,057|32,488| ||Valuation
changes|||(9,566)||(9,566)| ||Investment
income||||505|505| ||Management
fees||||(1,040)|(1,040)| ||Disposals|||(10,057)|(22,431)|(32,488)| ||Cash withdrawn||||(1,200)|(1,200)| ||At 31 December 2022|||98,050|2,267|100,317| ||Carrying
amount|||||| ||At 31 December 2022|||98,050|2,267|100,317| ||At 31 December 2021|||95,242|1,376|96,618| |16|Financial instruments||||2022|2021| |||||||f| ||Carrying
amount offinancial assets|||||| ||Instruments
measured|at fair value through|profit or loss||98,050|95,242| |17|Stocks|||||| ||||||2022|2021| ||Raw materials
and consumables||||1,103|3,031| |18|Debtors|||||| ||||||2022|2021| ||Amounts
falling due|within one year:||||| ||Trade debtors||||125|4| ||Other debtors||||158|7,991| ||Prepayments
and accrued income||||308|292| ||||||591|8,287| ## ## ## |||2022|2021| |---|---|---|---| |Other taxation and social security||1,145|1,760| |Accruals and deferred|income|2,730|2,875| |||3,875|4,635| ## ## ## ## |||||||Movement|Movement|in funds||||| |---|---|---|---|---|---|---|---|---|---|---|---|---| ||||||Balance atTotal incoming|||Total|Transfers|Balance at|Total|Balance at| ||||||1January2021|resources|resourcesbetweenfunds1|||January2022|resources|31 December| ||||||f||expended||||expended|2022f| |Capital Endowment
Fund|||||20,737|||||20,737||20,737| |Fusiliers Aid Society Grant|||||1,231|||(1,231)||||| |Pilgrim Trust and MDNE Conservation||||Grant|2,384|||(1,100)||1,284|(1,100)|184| |Computer
Project (AMOT)|||||89|||(89)||||| |Gun Safe Grant (AMOT)|||||497|||(136)||361|(136)|225| |The Joicey Trust Regimental||Colours Grant|||400|||||400||400| |MDNE Firearms Cleaning|Grant||||1,357|||||1,357||1,357| |Regimental
FAS Covid Grant|||||830|||(576)||255|(113)|142| |MDNE Recovery 8 Development|||Grant|||2,028||(1,510)||518|(231)|287| |Arts Council Funding
(CRF) - Culture Recovery Fund||||||25,000|(25,406)||406|||| ||||||27,525|27,028|(30,048)||406|24,912|(1,580)|23,332| ## ## ## ## ## ## ## ## ||||||Movement|in funds||Movement|in funds|| |---|---|---|---|---|---|---|---|---|---|---| |||||Balance at|Incoming|Resources|Balance at|Incoming|Resources|Balance at| ||||1|January
2021|resources|expended1|January 2022|resources|expended|31 December| |||||||||||2022| |Acquisition|Fund|||6,400|||6,400|||6,400| |Conservation||Fund||12,108|1,500|(27)|13,581|1,500|(112)|14,969| |Refurbishment||Fund||58,960|||58,960|||58,960| |||||77,468|1,500|(27)|78,941|1,500|(112)|80,329| ## ## ## |Analysis o|fnet assets between funds||||||||| |---|---|---|---|---|---|---|---|---|---| |||Unrestricted|Designated|Restricted|Total|Unrestricted|Designated|Restricted|Total| |||Funds|Funds|Funds||Funds|Funds|Funds|| |||2022|2022|2022|2022|2021|2021|2021|2021| ||||F|f|||E||| |Fund balances at 31 December 2022 are|||||||||| |represented|by:||||||||| |Tangible assets||609|6,400|844|7,853|774|6,400|2,424|9,598| |Investments||100,317|||100,317|96,618|||96,618| |Current assets/(liabilities)||10,242|73,929|22,488|106,659|26,107|72,541|22,487|121,135| |||111,168|80,329|23,332|214,829|123,499|78,941|24,911|227,351| ## ## ## ## |||||||||2022f||2021| |---|---|---|---|---|---|---|---|---|---|---| |Donations
and legacies||||||||||| |Donations
and gifts -|unrestricted||||||19,548||11,930|| |Legacies - unrestricted|||||||||10,000|| |Coronavirus
support donations||||-|unrestricted||||15,000|| |Grants - unrestricted|||||||974||543|| |Conservation
-designated|||||||1,500||1,500|| |Grants - restricted|||||||||27,028|| |||||||||22,022||66,001| |Activities for generating|||funds|||||||| |Shop sales|||||||10,151||970|| |||||||||10,151||970| |Investment
income||||||||||| |Investment
income|||||||505||305|| |Deposit account interest|||||||248||210|| |||||||||753||515| |Incoming resources|from||charitable|||activities||||| |Visitor entrance fees|||||||36,050||25,882|| |Educational
entrance|fees||||||100|||| |Research fees|||||||1,750||2,058|| |||||||||37,900||27,940| |Other incoming
resources||||||||||| |Government
grants|||||||||1,111|| |Photography|||||||||77|| |||||||||||1,188| |Total incoming
resources||||||||70,826||96,614| |Resources expended||||||||||| |Costs ofgenerating|funds|||||||||| |Costs ofgenerating|donations||||and|legacies||||| |Opening
stock - shop|||||||3,031||3,723|| |Shop purchases
and donated||||goods|||2,149||241|| |Closing stock - shop|||||||(1,103)||(3,031)|| |||||||||(4,077)||(933)| |Investment
management|||costs|||||||| |Investment
management||costs||||||(1,040)||(1,082)| |Balance Carried Forward||||||||65,709||94,599| ## ## |||||||2022||2021| |---|---|---|---|---|---|---|---|---| |||||||E||| |Balance Brought Forward||||||65,709||94,599| |Charitable
Activities||||||||| |Wages and salaries - unrestricted|||||53,621||41,299|| |Staff Pension Costs - unrestricted|||||3,061||2,353|| |Office equipment
depreciation|-|unrestricted|||320||459|| |Storage equipment
depreciation||-unrestricted|||65||65|| |Hire ofequipment
- unrestricted|||||294||80|| |Fixtures and fittings depreciation||- unrestricted|||55|||| |Activity expenses - unrestricted|||||768|||| |Conservation
-designated|||||112||27|| |Wages and salaries - restricted|||||||9,270|| |Office equipment
depreciation|-|restricted|||344||1,579|| |Storage equipment
depreciation||- restricted|||1,236||1,236|| |Conservation
-restricted|||||||878|| |Redevelopment
project costs -|restricted||||||15,629|| |Hire ofequipment
- restricted|||||||166|| |||||||(59,876)||(73,041)| |Other||||||||| |Computer
software
and consumables||||- unrestricted|1,230||618|| |Rent - unrestricted|||||850||637|| |Insurance - unrestricted|||||1,069||759|| |Repairs and cleaning - unrestricted|||||913||1,746|| |Travel expenses - unrestricted|||||69||35|| |Postage, stationery
and telephone|||-|unrestricted|769||546|| |Advertising
- unrestricted|||||||1,501|| |General administrative
expenses||-|unrestricted||499||391|| |Bank charges - unrestricted|||||389||184|| |Accountancy
- unrestricted|||||3,002||3,300|| |Computer
software and consumables||||- restricted|||39|| |Rent - restricted|||||||213|| |Insurance
-restricted|||||||256|| |Repairs and cleaning
- restricted|||||||324|| |Postage, stationery
and telephone|||-|restricted|||251|| |Bank charges - restricted|||||||42|| |Accountancy
- restricted|||||||165|| |||||||(8,790)||(11,007)| |Surplus before movement
on||investments||||(2,957)||10,551| |Net (losses)/gains
on investments||||||||| |Unrealised
gains on investments|||||(9,436)||7,800|| |Realised gain on disposal of investments|||||(130)||135|| |||||||(9,566)||7,935| |(Deficit)/Surplus
for the Year||||||(12,523)||18,486|