Reglstered number. 01295328
Charity number. 273702
NORFOLK HISTORIC BUILDINGS TRUST
(A Company Llmlted by Guarnntee)
UNAUDITED
DIRECTORS. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 KItARCH 2025

NORFOLK HISTORIC BUILDINGS TRUST
IA Comp4ny Umlted by Guarantee)
CONTENTS
Page
Reference and Admin15tratlve Detsll¥ of the TruBt, Its Dlreclors and Advlserg
Dlrnctors, Report
IndependMt Examln*s Report
Congolldat¢d 81alement of Flnanclal Actlvltlei
10
Cohsoldated BalanGo Sheet
Trust Balance She•t
13-14
Notm to tb• HnanGlal Statements
15-34

NORFOLK HISTORIC BUILDINGS TRUST
IA Company Limlted by Guaranteel
REFERENCE AND ADniiNISTRATIVE DETPJLS OF THE TRUST, ITS DIRECTORS AND ADVISERS
FOR THE YEAR ENDED 31 MARCH 2025
Dlrector8
MrA J B8mes
Mr C J Codling
Mr B F Gilw Iwlgned 14 Awt 2tf251
Mr R Halsey
HarwcKKI. Chair
Mr T Hickman Smith
Mr S M Jaggard (appointed 22 July 2D24)
Mr M Lajnchbury (resigned 22 April 2024)
Mrs H C Leith
Mrs R S Martin
Mrcmaw
MrJ Pa
MrA J Power
Mr G Stwnp
Company reglstered
number
0129&328
Charfty reglstered
number
273702
Registered office
Becket's Chapel
2 Churth Street
W￿￿(y1dhaM
Norfolk
NR18 OPH
Company secretary
SAP
Accountants
KIA PartneT5 LLP
Chartered Accowrt*ts
7 The CEose
Norwich
Norfolk
NR14DJ
Page 1

NORFOLK HISTORIC BUILDINGS TRUST
(A Company Limited by Guaranteel
DIRECTORS. REPORT
FOR THE YEAR ENDED 31 MARCH 2025
The Directors present their annu4 repcvt together with the financi4 statèments of the Trust lor the year 1 April
2024 10 31 March 2025. The Annud Rewt serves the purwses of both a Direciors, report and a dtreclors,
report under company law. The D1￿ctorS C4￿fim1 that the Annua Report finanual statements of th&
charitable company Ccffl￿Y wlth tho current ststutrmy r￿￿r￿￿nts, tha reqUir￿ents of the charitable compan￿8
govenmng document and the provlsions of the Stat￿ent of RecL*nmendèd Practice ISORPI applicable to
charitses preparing ther accounts in ￿c(rfan￿ ￿ryth the Finartial ReFQrting Standard applicable Sn the UK and
RepUl￿1C of I[el￿d {FRS102) (effedive 1 janu￿ 2019).
Since the and th8 Trust quakfy as small ￿MIer sedion 3&3 of Ihe C¢)mpanies Acl 2006, Ihe GrDUP
Strategic Report requlred of merfiwn and large companies Companies Act 2008 (Strategic Report and
Directors. Report) Regulations 2013 has (rritted.
Oblectives and actlvltle8
a. PolGles and obJectlves
ThE objects for whith the Trust was establshed. as set ¢xrt in the Memorandum of Assoaalion, are to PreSe￿e
for the benBfit ol Ihe people of the County of N¢xfc& of the nalion at I￿ge. whatever of th8 historical,
archlteclural or constructiona heritage may e￿st in arouTrJ Ihe Ccmjrty of Norfok in the fomi of (8) bLHldings
of particJJlar beauty ￿ historical, arthrteclural or cr￿￿87 Intere5(. (b) anuent mornmenls", and Ic) 18nd of
particu18r beauty or hlstorlcal interesf,.
In setting objectives and Flemning for thties. the tirectors have given du8 consideration It) general ￿51dance
published by the Charity Commission relating trj ￿1C benefiL indudirvJ the guidance 'Public benefit". running
ch￿ty {P82)'.
Actlvttles undertaken to achleve objecllves
The main 8CtiMty for athiwng the above otq'eclive5 is the pJrth8se or lease of properties faiing into thB above
definitions, which are often on the Buildings at Risk Register, and then arrangirNJ and funding their remvallon to
be followed by a sthsequent sate. However. because of the natu￿ of the prop￿ Mark￿ and the number of
important builthngs which have ￿Mited ￿ no resale vau8. a subsequent sale 15 nol alway5 PU5sible and as a
result the Trust has a number rA bu'ldings that il retain& Som8 of these are open to Ihe public and, in some
cases, they can be oparatsd by ￿'armS or by 5uEAen*.
Page 2

NORFOLK HISTORIC BUILDINGS TRUST
(A Company Llmlted by Guaranleel
DIRECTORS. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2L125
Achlevements and perfomiance
. Maln achievements Of tha Tnmt and plans forlhe f4rtuM
Since it8 formats'c￿ in 1977, thè Trust has compleled over 20 8chemes of restora￿On 8nd taken on reswnslblllty
for the day-to-day care and management of several other hlslortc buildings and structures. During 202412025 the
malorily ol th8 Tnjst's attentlon and resoure8$ were focused on..
C8nylng out m8lntenance and repalrs al the Trusfs proPe￿e6 as requlred.
We have s81 up a subsidiary trading company which undertook lo account for and report on the Irarfing
Scttvlllès of Waxham Bam in the ye¥ lo March 2025. Historic Norfolk conUnue8 lo be responsible fcrthè
maintenancè of thase properties.
We have recelved Ilsted bulldlng consent and planning p8Th1s8lon for Phase 2 of the Becket's Chapel
project. We have also Started work on the buslness case nece¥8ary lo obtain fundlng for this work. This
proposal Indudes a modem extension lo the chapel housing a café and modem facllilles and storage.
Green lechnologles wlll ts8 used lo power the whole buSldlng In line wllh the N8t Zero principles being
adoptéd. The rninimwn capStal Gosl of Ihls project18 cuffentty £1.3 rrlllion.
A conllnulng concem for Olrectors Is 10 8nBure that the Trust has suffldenl reserves In place lo.'11 me81 ongolng
malnlenance responsiblli1188 and pot8nllal repalr costs for Ils prop8rUes, especlally those of Illle or no Income-
generating pDt8nlial111 prow'de limited fundlng for potenllal new projects, such as Becket'8 Chapel. With Ihls In
mind, the TnJ8118 now looklng to acllvely fundralse for repalr works, rovenu8 fundlng lo cover day ID day
overt)eads Gonsidenng ways of gen&ratlng more Incame from Its prOpe￿e8.
Salhou8e Station and Greater Anglla station malntenance Strategy
The campaign to Save Salhouse Station has lolned a rnuch broader movemenl lo determine the fUl￿e of our
remainlng bulll rallway hgritsge. Involving SAVE Britain's Herflage. and led by the Chairm8n of Suflolk Building
Preservation Tnjsl, Pler3 Hart (Brandon Ststion in Suffolk became a cause célébre because of Greater Anglia
R8iIw8y's attempts lo demolish it, despllè b&ing Ilstedl.
In September 2023 a team of supporter5 met the then R811way Minisler, Huw Merriman, In W951minster lo
highlight the Flight of many of these bulldlngs and to detemiinè policy for their futUTe u3e. Meanwhile, Greater
Anglia has halted all demolition and replacement by bus styte shelters. Since the change in government. we no
longer have acce88 to the relevant minlsler. but we continue lo work with SAVE and HlstoriG Suffolk lo put
pressure on thé train operators lo ensure no more valuable rallway h9ri1age Is destroy8d.
Becket's Chapel
This forrnerty sémi-r8dund￿I Gradè l-llsted and "Al Risk" building is located in WywDondharft town eentr&. The
Trust acqultsd the chapel In Septefflber 2022 having secured in exces3 of 2700,000 in grant funding for major
rep&irs and an upgrade 8S the first phase of the project This work was completed in the gLMnmer of 2023 and
the building has been romovgd from the Héritage al Risk Reglsler.
Thi8 project18 a trail blazer for the Trust and for Historic England in that it incorporates elements that support the
drtve to Net Zero. These Include roof insulation, requiriT)g Ihe ralsing of the roof. and undeTAoor insulallon.
Becket's Chapel Is one of only seven properti&s In England whlch fO￿S part of the Historic England caso study
on the adapts'on or relrofll of Ilsled buildings.
In April 2025 we were ￿thpients of a Civlc Trust eonservation award, for th8 outstandlng work on the rep81r and
conservaliDn of the budding.
Page 3

NORFOLK HISTORIC BUILDINGS TRUST
(A Company Llrnfted by Guarantee)
DIRECTORS. REPORT ICONTINUED)
FOR THE YEAR ENDED 34 MARCH 2021
Achlevements and performance (contlnuedj
The proposai for Phase 2 Indud8s a modem extension wrfh Improved fadllbes and a Thè exLension wJll
also house salar panels and 8lr Source heat wmps w￿.Ch will promde muth mora affordable electrlcity to tha
whole bull(I'ng. We *e working with 8 specl81isl consult*rt on a fiJndirMJ applicdcffi to the N￿￿Onal Loll
H￿ltage Fund whith we hope to submil In August 2025.
Waxham Orelt Bam
Thi5 continued to operat8 as a w8(kJing and events venu8 With the management Su￿on1raCted to a third paty.
D(rring Ihe y6ar under remew, a iotal of 20 weddlng8 tod( place. generating income of £42,977 for the group.
Subsequent lo the balance sheet dale. we have Suc￿ssIu11Y raised gant fijnding lo support the renovation of
thè roof and tloor whlch help enslre the longw4grm wstainthlity of this imp(¥tanl property.
Oulton Ch•pd and Burlal Ground
Tha burfal ground, In cory￿¢11tjn with the chapel. continues to provvje 8 modest bul steady Incom8. One plot
purchase and Inlemienl yelded £3.525 dwlrq the year. and a further event ¥lrKe the year end has resulted In a
$lmilar level of earryngs.
Personnel
D￿ng the year Steve Jaggwd joined Ihe board as a thrector. Stevè Is a marketing speclallstwith a keèn Interest
In heritage projects. The Twsl continues to seek new (Irectors wth th8 relevanl knowledge and expèrfence to
help broaden the skll 801 on lh8 board and erAt4e li to exp￿￿ ils inffijanee Involvement h ils work acro8$
the county.
Flnancl•l rnvl•w
a. 13olng GonGern
After making appropriate 8nquiries. th8 Direct￿$ have a reasonabl& expeclallon that the Trust has adequate
resources to contsnue in opwationd e￿stenCe for the forE5eEable futwe. trus reasorL they continue to adopl
th8 going basis in prepaArvJ Ihe finarKial statements.
Page 4

NORFOLK HISTORJC BUILDINGS TRUST
(A Comparty Limlted by Guarantee)
DIRECTORS. REPORT {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 202S
Reserves pollcy
The Trusfs reseTves comprise R8slricted reserves {repr8senting fundÈ rec8rved for a 5padfied purposel and
Unrestricted reseNes (C￿p￿SIng funds dawgnated for Specific puposes al thè discretion of the Directors and
General Flmdsl.
The Directors review the Tn￿rS Unrestrlcl&d reserves on a Trgulw basis and, prior to the wmmencem8nt of any
ma5or scheme, they ensu￿ lha( wherever p0s81blé. thè projeLXed costs w￿1 bg COV8r&d ty grants and other
donations or the Tesale value of the cc*nF4eted scheme. Where INS rewlres a conlnbutlon fTOrn the Trusl, Ihey
an5ure that any suth costs to be bome by lh8 TNst are capa￿e of belr¥J covéréd by 8vailabl8 UnrestriGted
reserves.
Unrgstricled reserves heid for Ihe futwe m8inlenan¢e cl thg Trust's freehdd and lea$eho5d properties ar8
re￿eWed on a regu18r basis and condlticm retths are corrmlssloned wherg appropriate to infomi the ￿ver8 cl
reservès held. In addition, a Heriiage Assets reserve (matching the catyng value of the TTusfs Heritage assets)
Is m8lnt81ned. reflecting the fact that there is no current inl8ntlon to dispose of 8ny of Ihe Trust's Herllage ass81&
Of th8 remainlng reserves, a) Operational reserve was establish8d to reflecl a minimum of 6 months. gross
eralionai oulgrJng8.
Flfther detslls are pra￿ded In Ntxe 17 to the Flnan(xal Statemenis.
Page 5

NORFOLK HISTORIC BUILDINGS TRUST
(A Company LimltEd by Guarantee)
DIRECTORS. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 UARCH 2025
StrUC￿re, governance and management
8. Constitution
Norfolk Historic Buihlings Trust is registsred as a th￿718￿￿e company ￿Mited by guwantea and was set up by a
meM￿andum of AssDaation C￿ 24 January 1977. w￿Ch arnended by special rèsolution at extraordlnary
general meetings held ￿) 22 Fet￿u￿ I￿) 19 May 2011. The memoran1￿m and ATticl8s of Association
were replaced at the 2014 AGM held on 12 Septembw 2014 and amended by a special resolutlon at the 2023
AGM.
b. Methods of appolntment or elecllon of Dlrecto
The management d the Group and the Trust is the reSp¢￿1￿￿ty of ￿ tirectors wh) are e]ected and eO&op18d
under the tem￿ of the Memorandum ofAssocia1irrfL
c. Oryanisadonal strnctuye and declsloTrmaklng pollcles
The Directors of the TNst form its management ccrfnmtttee meet betsveen four slx times per year to
ongder pc4icy issues or the acquisition and restorati1￿ of properties. They also make deasions regarding
expendilure on dl matiers except those of a r￿the •Jmirdstrative natUTe. or those schemes wewously
approv￿1.
d. Polkles adopted forthe Imluctlon and trainlng of DlrectOf5
It is a r4uirBment of the Artrdes of Association that Ihe Eirectors must be members, and they are therefore
already f￿lY aware the aims and objectives of the Trust and the way in wfach il operates. All Directors are
experienced in their respedj.ve fields of experknse. in the re(pllrements wjd responsibdities of acting as a
direct￿ l trustee.
. Financial risk management
Tha Drrectors ha￿ assess8d the major risks to which the Group and the Trusl are exposed. in particular th05e
related to the operattons and finances of the Group and th8 Trus( and are satisfied that systems and w(￿dureS
are in place trj mitigate exposure to the rnaior risks.
Membern. liabllity
The Members of th8 Trust guarartee to conlribute ￿ 8mrymt not exceetlyig £1 to th8 assets of the Trust in the
event of win(Ing u
P8ge 6

NORFOLK HISTORIC BUILDINGS TRUST
(A Conyany Limited by Guaranteel
DIRECTORS. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Statement ol Directors. responslbllitles
Thè Dlrectors (who are also the directors of the Trust the purposes of company lawl are respons1￿8 for
preparing the Direclors, Repcrt and the fin￿d4 statements ￿ ac￿rdanCe with applicable law and United
lfjngdom Accounting Standards (United lfjngdC￿n Genwaty Accepted Accounting Practl￿1.
Company require5 th8 ￿re1th to wepare financial Statem￿ for each fmandal year. Under company Iw.
the Dlredors musl not approve the financial stalements they are satisfied Ihal they glve a tru8 and fair
ew cl the state of affairs of the &DUP and the T￿￿ and of Iheir ilCDming resources and application of
r8sOur￿s. induding their income and eypenditurq fcK that period. In preparing these financial statements, the
Oirectors are requred tr.
select silltable accountirvJ pdides then them consistenuy:
obs8rv8 the methods and prinryples of Charities SORP {FRS 102).,
make judgements and accounting estimates that are reason*Ae and Frfudent,.
state whether applicable UK ACc￿￿ting Starthrd5 IFRS 102) have been followed. sthject to any material
departures disdosed and explained in the ffnanud statements..
prepare the finarKial statements ￿ the gang corKem basis unless it is inapFrcyriate to presume that the
Group will conlinue in ￿siness.
The Directors are responsible for k88prNJ adew ac¢Mting rec(￿lS Ihat are Suffiuent to show and Explain
the Group and the Trusfs Irdnsaction5 and disdose with reasC￿ab1e a￿ura￿ al any time the finanaal position
of the Group and the Trusi and enable them lo ensure that the financrai statements comF4y with the Companies
Act 20C6. They are also responsitrAe for safegvarding the assets of the Group and the Trust and hence for taking
rea8￿alle st4)s for th8 prevenlil￿ and detes*cffi of fraud ar¥J other irregularities.
y Drder of the members d the bwd rA DIreCt￿S stgned on their beha￿ by.
arwood
Trust88s)
Chair
L)ate'. 20 October 2025
Page 7

NORFOLK HISTORIC BUILDINGS TRUST
IA Company Limlted by Guarantee)
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 AIARCH 2025
Independent Examlnevs Report to the Dtrectors of Norfolk ￿storIC Buqdings Trnst fthe GTOUP?
I report lo the tharity Directors on my èxamination of the consolidated accounts of the Group comprising the
Nlxfolk Historic Bullthngs Trust Ilhe par8nt Trusv) and its sub￿d1￿Y undertakings for the year ended 31 March
2025.
Responsibilities and Basls of Report
As the Directors crf the parent Trust l￿d its direcicws lor the Fuposes of company law) you are responsible for
the preparation crf tre c￿s011dal￿d accounts of the Grow in accordance wlth the r8quirements of the
Companies Act 2006 llhe 2a06 Acri and yw have di&sen to prepare consolidated accounts for the Group. You
are satisfied that the accounts of both parent Trust and the Grow ar& not requwed by either company or charity
law to be audited and have chosen instead lo have an ndependent examnalion.
Having satisfied myself that the consofidated acc￿$ are not required to be audited under Part 16 of the 2006
Act and are dilible for indepeTKlent 8xaminati￿, I reFrf in respect of my examination of the Group's accounts
carTied out under section 152 of the Charitres Act 2011 (Ihe 2011 Act). In caryying QLrt my examinallon I have
folowed the Directkins given by Ihe Charity c0rrnnissil￿ under section 152{5)(bl of the 2011 Act
An independent examlnauon does not invcAve gathering all Ihe evidence that wi)uld be reqUIr￿j in an audit and
consequently does not cover all Ihe matter5 that an audrtor considers in giving their opinion on th8 accounlg. The
planning and conduct of an audit goes beyffid the lyniied assurance that an independent examination can
pr￿de. Consewently l eXp￿S no ow'on as to whether the cMsolid8ted aCCo￿ts wesent a 'true and f8iY view
and my report is limited lo those specific matters set (Ajt tn the independent examinerfs statemenL
Independent Examlnets Statement
I have comF4eted my examinalion. I cl￿firM Ihat mattors have coff* to my attent￿n in connection wth th&
examination givrng me &quse to befieve:
accounting reoYd5 were not kepi in rest*cl of the parent Trust and its s(knsidiaries as required by see￿¢)n
386 of the 2006 Ac( (
the accoLJnts do not acoxd with those rec￿d$., or
the accounts do not comFAy with the a(LO￿tr￿ rewtrements of seclion 396 Lrf the 20CE Act other than
any requirement that the account5 9.ve a Xfue aThJ Niew which is nol a matter considered as part of
an independent e￿Ination. or
the accounts have Mt been FKepared in accc¢dan￿ wilh the metr￿1$ and prinuples of the Statement of
Recommend8d Practice for accounb'ng and rep￿tIng by tharities.
I have no concems have ¢c￿e across no (rther matters in connection wilh the examination to which
attention should (trawn in tris report in cwderto enabte a proper UnderS￿dir￿j of the accounls to be reachecL
Pagg 8

NORFOLK HISTORIC BUILDINGS TRUST
(A Company Llffllted by Guarantee)
INDEPENDENT EXAMINER'S REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
Thi8 report 18 mada Solely to the Trust's Oirectors, as a boty, In accordance with Part 4 of the Charities
(Accounts and Reports) Regulatlons 2a08. My Work has been undertaken so that I might state lo the Trust's
Directors those matters l am required to state to them in an Indepandent Examinerfs Report and for no other
purpose. To the fullest extent perynilled by law. I do not accept or assume responsibility to anyone olher than the
parent Trust and the Trust's Directors as a body, tsr my work or for this report.
Signed..
Mr F M E Shippam Bsc FCA DChA
MA partne￿ LLP
Chartered Accountants
Dated.. 22 O¢lober 2025
Page 9

NORFOLK HISTORIC BUILDINGS TRUST
Company Umlted by Guaranteel
CONSOUDATED STATEMENT OF FINANCIAL ACTMTIES {INCORPORATJNG INCOME AND
EXPENDITURE ACCOUNTJ
FOR THE YEAR ENDED 31 MARCH 2025
Restrlcted Unrestricted
funds
funds
2026
2026
Total
funds
2026
Tofal
fvnds
2Q24
Note
Income from:
Donations and legacias
Oiher trading actiwties
Investments
55.395
4262
630
56.025
92,089
9,016
169.753
66,463
7.530
88,837
9,016
Total Income
5&647
98,482
157,129
243.746
Expendlture on:
Trading activities
Chthtable actlvltles
14,000
85,710
14000
14848
49,138
441,532
Total expendlture
49,138
99,710
148.848
441.532
Net incomellexpenditure)
Transfers between funds
9,009
153,347
(1,228)
S3,347
8,281
(Ig7,786)
17
Net movement In funds
143,838)
52,119
281
(197.786)
Reconclllatlon of funds:
Total funds brought forward
Net movement in funds
71,822
143,838)
653.713
52.119
626,635
8.281
823.321
(197.786)
T(Jtal funds carried forward
27,?84
606,832
633,816
625,535
Page 10

NORFOLK HISTORIC BUILDINGS TRUST
(A Company Limlted by Guarnntee)
REGISTERED NUMBEK. 01295328
CONSOUDATED ULANCE SHEET
AS AT 31 MARCH 2026
2025
2ff24
Flxad assets
T8ngible assets
Heritage assets
11
12
44998
38&701
5.856
385,701
44699
391,557
Current assets
Debtors
Cash 8Lbank 8nd in hand
14
49,851
245.￿7
26Q529
295,358
Current Ilabllitles
Creditor5: ￿n￿rtS falling witrin one
15
15Q557)
(50,471)
Net current assets
209.972
244,887
Total assets less cunent Ilabwes
644,671
636.444
CreditOTS: amounts f81[r￿ due aft￿ ￿[￿￿
than year
16
(1Q855)
(10,909)
Toial net assets
633,816
625,535
Charity funds
Restricted luThJs
Unrestricted funds
17
27,984
605,832
71,822
553.713
17
Total funds
633,816
625,535
The Trust was entitled to from authi ￿der sedicm 477 of the Companies Act 2c￿.
Tho members have not required the corrpany to artht for the year ￿ westion in accDrdanc8 with
section 476 of Campanie5 Act 2CI
The Directors ath¢wAedge thar re￿￿0)ItIeS conWJryrYJ with the requiremerts of the Act with respect to
accounling reccth and Fwiaration ol fjnanaal Staterr￿S.
Page 11

NORFOLK HISTORIC BUILDINGS TRUST
IA Company Llmlted by Guarantee)
REGISTERED NUMBER: 01295328
CONSOUDATED BALANCE SHEET ICONTINUED)
AS AT 31 MARCH 2025
The financial 51atemenls have b88n prepared in a¢￿an¢& with the provlslons applicable to entsles subject to
the small companies regim&.
The finandal statements wère approved and authorrsed for15sue by the Dirèctors and slgned on their behalf by.
Tru8te88)
Date.. 20 October 2026
The notes on pages 15 to 34 fom part of these ￿nancial slalements.
Page 12

NORFOLK HISTORIC BUILDINGS TRUST
(A Company Limlted by Guarantee)
REGISTERED NUMBER: 01295328
TrUST BALANCE SHEET
AS AT 31 MARCH 2026
2026
2024
Not¢
Flxed as¥etS
Tangible o$sets
Heril8ge assets
Investsnents
11
12
13
48.998
38S,701
5.856
385, 701
44700
391,558
Cuff•nt ass•ts
Debtors
Cash at bar* and In hand
14
23,634
179,916
49,851
245.507
203,$49
294358
Curvent IlabHltles
Creditors.. amounts falllng wthin one
year
15
126,376)
(￿,472}
Net cuThent 418•ts
178,173
244,888
Totsl a88ets le8B Cu￿nt Ilobthl
811873
636,444
Cradliors.. amounis falllna due after more
than one year
16
111121
(10,909)
Totsl nèt 18#•t8
61Q761
625,$35
Charlty funds
Restricted fund5
Unr6strlct6d lund8
71.822
553.7f3
682,7TI
Total fund8
610,761
625,535
Th6 Trust wa$ Èntitléd to 6x8nW¢J) frcm aL￿rt sec11(￿ 477 ofthe Companle8 Act 21J)S.
The membeTS have nol raq￿red Ihe ccrfnpsny to ￿tan for the year in ryestTron in accordance wrth
section 476 of Companies Act 2006.
Th8 Dlrodors thowlèdge thelr responsibifities for comFtymg wlth ￿ requirEments ￿ the Act wtth respect to
accounting records 8fKI preparation CIfin￿Cla statements.
The financial statements have been p￿Pared n acccrfdm wilh Ihe prov[sl￿g applicat48 to 8ntitses subject to
the small companl&s regime.
Page 13

NORFOLK HISTORIC BUILDINGS TRUST
IA Company Limited by Guarantee)
REGISTEREO NUMBER: 01295328
TRUST BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2025
The finanrAal statern&￿s were aFwyed and authtyised tr issue by tha Directcfs and signèy on their beh811 by..
MYSJMH
ru8leas)
Date.. 20 Octcèer 2025
The notes on pages 16 to 34 form part of th688 finanaal st8tern￿ts.
Pag& 14

NORFOLK HISTORIC BUILEMNGS TRUST
IA Company Limlted by Guarafftee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
General Infomiatlon
Norfolk Historic Buildings T￿￿t is r&Jstered as a ch8rSWe coMp￿Y lknited by guarantse incorporat8d In
England and Wales.
Accountlng pollclès
Z1 Basis of Preparatlon of flnanclal statements
The finan￿81 stalernenls h8ve been preprnl in accordancg with the Charftles SORP (FRS 1021-
ACCO￿ling and Reporting by Chariti8s: Slalemenl of Recommended PraC￿ce appllc2ble to ch8rities
preparlng their 8CCOLnts in accordance wth the Finanrial Reporting Standard applicable ui the UK
ané Republic of IreLand (FRS 1021 leffecive 1 January 20191. the Finanaal R8POrtlng Standard
applicable In the UK and Rewthtic of Irdand IFRS 1021 and the Companle8 Act 2006.
Norfolk Histori¢ Bulthnp Trust meets the deffin￿on of a pubtlc benefit entity under FRS 102. A8sels
d h'abilities are inithally recows8d at li5torical cast or transaclion valuo unlass otherwlse 81Ated In
the relevant acGowling poltcy.
The Consolidatèd Statement of Financ4al Adiwtle5 (SOFA) and Consolidatad Balance She8t
consolidate the financi81 statements of Ihe Trust and it5 subsidiary undertakn'ng. The results of th8
5ubsldiary are consolKlated on a knne by bne basi&
The TnJ51 has taken advantage of the axèrry)tton all￿ad ￿der sect1￿ 408 of Iha Companles Act
2006 and has wesenled ils awn Statemeni of Financjal AcllNitie5 in Ihe8e finan￿81 st&tements.
2.2 Income
All inc(xn8 Is recognised cnce tho Group has errtldement to tho IncL￿e, tt Is probable that th8 Income
wlll be r•￿Ved and the wn¢)uM cl in¢ryne receiydble can be measLnd rella￿y.
Revenue from venue hlre and èvwrt ser¥ices is reCO￿lSe￿ when the wed(ilrNJ or event takas place,
at point Ihe performarK8 Otlgalions we cornldèréd to have been fulfimed.
Deposits and advanc8 payments receNed from cuslomers are inilially recognised as deferred Income
within creditors and we released to revenue In the pwfod when tho related evenl occurs.
Grants are induded in th6 Consolidated Statement of Financial Adiwts'es on a recelvable basis. The
balance of incc(ne received for 5pectfic wrposes bui not expended ￿ring the p8ri0d is shown In tha
relevant funds on the Ba￿ce Sheet. Where inrJJme is received in advan￿ of entitJement of recelpl,
Its recosmition 18 deferred ir￿lUded in ue(&'tors as defe￿ed income. Where enliuemenl occurs
before ncomo is r8CeiV8d, lh8 inrome is accmjed.
Income tax recover￿je in r￿at￿ to investment income 1$ reGogri$ed at ￿ time the inve6lmant
incorne is receivabl
Cxher income is recognis8d in the period in whith it is r￿1¥￿11e and to the extenl the goods have
en provided or on complelion ofthe seThi
Pa38 15

NORFOLK HISTORIC BLIILDINGS TRUST
(A Company Umtt¢d by Guaranlee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
Accountlng pollcles (contlnu•d)
13 Expenditure
Exp8nditure is recwis&l ance ￿re is a legal ¢y C￿￿t￿rVe obwgation to tran5fw economi¢ benefit
to a third party, it is probable that a transfer of economic benefits will be required In settlemènt and
the amount olthe obbgation can be measured reliabty. Expenth'lure is dassified by admty.
Expenditwe on tharilable actimties is incured on olr8cIIy UTKlert*ing Ihe 8Ctivitia$ vthich further the
Group's objective8, a8 w81 as any assoaated swport costs.
expgndllure is indusive of I￿ec¢)Vernble VAT.
14 Int¢rut roGelv•ble
Intere$1 on fund$ hdd ￿ deposft is irKkKl8d when recwvable and th8 amount can be measurad
rellably by the Group., ltris13 nom)4ty upon nolfficalron of the inlere6t pald or payable by the inslllutlon
rflh whcffl the funds are deposrted.
16 Tanglbh Ilx•d as¥•ts and depreclatlon
Tangib[8 fixed ass8t5 Costing £500 or more are capllall88d and rècowised when fu￿re economlc
benefits we prob8ble and the cosl c* value (rf the asyet can be measured reli8bly.
Tangible fixed assets are inlllany reeoonlsed at cosL Aft8r racognkion, ￿der the cost mod81. langlble
fixed assets are measured at cast less aCcu￿￿Lated depreciation and any %cumulat8d impaimient
losses. Al costs incurred to bring a t¥oibl8 asset Into Its intended working condrtlon ghould be
Indu(Jed in the measurement of cosL
Depreciation is charged so 8$ to allocate the cost of tangrble fix8d assets less their reSI￿al value
over their estimaled usefijl lives. U￿n9 the straght4ino method.
Depredallon is wovlded on the followkng basbs:
Plant arKI mathr
25%
16 Herftage assets
Wh8r• h8ritsge assets have been purchased. they are iThtially recognised 8t cosl. After recogniti￿.
under the cost model. heril&Je assets are meaared at lèss *iy accumulated depreaation and
any accumulated Impai￿Ent losses.
Where heritage assets have been dfftated, th8y are inrtiaty reccfjnised at a nominal value of £100
each, wlich renects a vwety of attacthed l¢Mg tetm er￿u￿braT￿&S. Heritage assets wll be revalued
where a profBssional valuab'¢n indicates a vaue &gnfficantly in excess Df the nominal amounL The
excess of ￿ rev81ued ama￿￿ over the nOmwi￿ amount is transferred to a revaluation reserve.
AJI m8inten8nce .expendilwe IncA￿red and revernB recwved in respEcl of these propertie5 Is
recognised in the income and exFendiiur8 account as incurred on 8n accruals basis.
Heritage assets we not deweoaled. An imp*ment review of Frywty vduations is conducted on an
anwal basi>
Page 16

NORFOLK HISTORIC BUILDINGS TRUST
IA Cornpany Umlted by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 PAARCH 2025
Accounting pollcles {contlnued)
2.7 Inveslments
Fixed asset investments are a form of ffinanaal instrument and are irilially recognis8d at their
transaction cost and sub5equendy measured al fair value al the Balanee Sheet date. unless the value
cannot bè measured reliabty in which case it is measured at cost less impaimiert Investment gains
and losses. whether realised or unreali5ed, are combined end presented as 'GainsllLo$ses) on
IDve5tments' in the Consolidated Statement of Financial Actimties.
Investments In subsidiaries are valued at cost less provision for impairment
18 Debtors
Trade and other debtors arg recognlsed al the selllement amount after any trad? discount offered.
Prepayments are valued at the amount prepaid net of any trade discounts due.
19 Cash at bgnk and In hand
Cash at bank In h￿d indudes cash and short4erm highty liquid investments with a short maturity
of three months or less frDm the date of acquisition Dr opening of the deFA)sit or simdar accvunt.
ZIO Liabilitie5 and prNilslons
Liabilities are recognis8d when there is an obligaJon at the Balance Sheet dalè as a result of a past
event. it is probable th81 a transfer of 8conomic benefit will be requSred in s&tdement, and the amount
of lh8 settlement can estimated reliably.
abilities are recognisÈd at the amaL￿t that the Tnjst anticipates il wll pay to 5ettl& the debt or the
amount it has rèceived as advanced payments for the goods or seNces il must provide.
2.11 Flnancial InstruTnents
The Group only has financial assets and ffinanc4al liabilities of a kind that qualify a5 basic finanaal
instruments. Basic financ¥al instnjments are initially r8wgni58d at transaction value and sub58quently
measured at their setuemenl value.
2.12 Penslons
The Group operates a defined contribution pension scheme and the pension charge represents the
amounts payable by the Group to the fund in respect of the year.
Page 17

NORFOLK HISTORIC BillLDINGS TRUST
(A Coryiany Limtted by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Accountlng pollcles (contlnued)
113 Fund accountlng
Generai ftmds are urwp5bicted lunds *fiich are avalatrAe for use al the discretion Lrf the Dlrectors In
further￿Ce of the general obiethves of the ¢>Dup and wNth have not been d88ignaled for other
purposes.
Designated fund5 CDrnPri5e unrestricted funds Ihal have been sèt aslde by the DirectOTS for particular
purpos85. The aim use of each do￿gnated fund is set OLrt in th• notes to the financial
8latement&
Re$trf￿ed furKls are funds wl¥th are to b8 used in accordanca wth specafic restrictions wnposed by
donors or which have been rrised by the for particular purposes. The costs ol raislng and
admlnlslerfng Such funds we charged against thg specific fund. The aim and use of each restricted
Is set out In the notes to tha financial statements.
kneoffle fTom donatlons 4nd legacles
Restrfcted Unre•trkted
fund8
funds
2026
2026
Total
fund$
2025
To181
fvnds
2024
Donations
Grants
395
1.025
65,000
167
169,586
Total 2025
55.395
66,025
169.753
Totsl 2024
169.586
167
169,7
Incorne from olher tradlng acllvltle8
Income from fundralslng events
Total
funds
2020
Tot81
funds
2024
fund5
2025
F￿(traiSing
3.252
3.262
1.641
Page18

NORFOLK HISTORIC BLNLDINGS TRUST
(A CoThyny Limlted by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 UARCH 2025
come from other tradlng adlvmes (C￿￿n￿ed)
Income Irom non ¢hafftable tradlng adl¥ftle6
ume3￿Cted
funds
2025
Total
lunds
2026
Tolal
funds
2024
Events iTKome- subsirfi
Events and rentd incom6- tharlty
43,047
45,790
43.047
45,790
64,822
88.837
88.837
64,822
During the year the events buslnéss was taken LP by the subsi(*•y.
estment Income
un￿strICted
lunds
2025
Total
fund8
2026
Tot81
lunds
2024
Bank interest r￿ely￿ble- c*arity
Other interest reeeivat48- ch•ity
Bar& interest receiv*le. SU￿¢1￿Y
8.924
2,083
6.924
2,083
4.583
Z947
9,015
9,015
7,530
Analy810 of expenditiwe on charll•ble acthrflle8
Summary by fund type
Restrlcted Unre¥trlcted
runds
funds
2025
2026
Total
2025
Total
2024
Charilable actilfj￿es
49,138
85.710
134,848
441,532
Total 2024
347,259
94.273
441.532
Page 19

NORFOLK HISTORIC BUILDINGS TRUST
(A Company Umiied by Gu•rantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
Analysls of expendlture on eharltable a¢tMtles (contlnued)
Summary by expendllwe type
Total
2025
rotal
2024
2025
2026
2036
Charft8bié •*vities
9,776
17.383
107,689
134,848
441.￿2
Total 2024
11,170
3,501
428,861
441.532
Anaty¥lJ ol expendlture by act1￿11•¥
vndertaken
dlr•dly
2026
Support
costs
2026
Total
fund5
2025
Totsl
funds
2024
Charitable aLtlvitie8
40.898
14848
441.532
Total 2024
408,S32
441,&72
Analysls ol dlr•ct eo8ts
Totsl
funds
2025
rolal
funds
2024
Propety maintell￿)Ge and Operati￿￿1 o)sts
Profe￿onal fg
Insurance
42,S85
43,709
7,658
391,924
10.458
6,150
93.950
408,532
Page 20

NORFOLK HISTORIC BUILDINGS TRUST
(A Company Llmlted by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Analysls of expendlture by actlvltles (contlnued)
Analysls of support Costs
Tolal
funds
2025
Tot81
funds
2024
Depre¢Aalion
Insurance
staff costs
Accountar￿Y
Office and admlnistration
Secretary's expen8e$
Travel
Bank charges
47,383
2.810
9.776
8.182
2,235
282
139
3.501
5.375
71.170
7.700
4.771
238
143
91
102
40.898
33,000
Independent examlnerfs remunernlion
2025
2024
Fees payable to the TTUSt's Independent 8xamin8r ftw the independent
examination of the TnJst8 annual accounts
795
Fees payable to the Trust's independent 8xamlner in respect of..
All other s8rvices not induded 8bave
6,966
6.935
Page 21

NORFOLK HISTORIC BUILtMNGS TRUST
(A Company Umited by Guarartee)
NOTES TO ThE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
Group
2026
Group
2024
Trust
2026
Trust
2024
Wages ond $8lsries
Contribution to defined contribution pension
schemes
10,935
9.608
10.935
235
235
9.776
11.170
9,n6
11.170
The average number of persong emplo>*d ty tho TN•t (kning the yew was as followw.
Gro
2025
No.
Group
2024
Thi¥t
2025
T￿st
2024
Admlnlstralon
No employee recelved remunaralion emcdmting to more Ihan £60,000 In eilh•r year.
10. Dlreelor8' rnmuner•llon and expens
Dwing the year. no Directors rgcelved any remunerntion ort)ther benefrts (2024- £NIL).
During the year ended 31 2025. travel exwses tctslllng £139 wéro rrimbur5•d or paid direclly to
1 ￿'reCtor (2024- £394 to 3 DirecloTrJ.
Page 22

NORFOLK HISTORIC BUILDINGS TRUST
(A Comwy L1￿MIe￿ by Guarantee)
NOTES TO THE FINANCIAL STATE141ENTS
FOR THE YEAR ENDED 31 MARCH 2025
11. Tanglble flxed assets
Group and Trust
Plant fixlures and
machlnery
Itttlngy
Total
Cost
At 1 Awl 2024
AdditlDns
11629
831
18,629
60,525
57,694
At 31 March 21Y25
21,460
57.694
79,164
Depreclation
At 1 April 2024
Charge for Ihe year
12.7n
3369
12,773
17.383
14124
At 31 Marth 2025
11032
14,124
30.166
Net book value
At 31 Marth 2025
S,428
41570
48.998
At 31 Marth 2024
4856
4856
Page 23

NORFOLK HISTORIC BUILDINGS TRUST
IA Company Llmited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 nllARCH 2026
12. Herftage assets
Group and Trust
Assets recognlsed at cost
Long4èrm
leasehold
property
2025
Freehold
property
202S
Total
2026
Carrying value at 1 ApAI 2024
385,501
385,701
385,501
200
385.701
Analysls of heritage a55Et transactlons
Group
2025
2024
2023
2022
2021
Purchases
F￿e￿old property
35.001
Total additlon5
35,001
Herilage assets are Induded In Ihe financial statements as follcws..
Th& Oulton Manse, Chapel and Coath Hous& have been induded at a valuation of £350,200. Thls
Comprises a professional valuation of £290,000 in respect of the Manse, al open market value, carried
out by E. Macdonald MRICS of NPS Property Consultants Llmlted, Norwch, Norfc4k on 14 June 2002".
and a Directors. valuats'on of £60,200 for the Chapel and Coach House.
The freehold of Becket's Chapel. purchased In 2022, has been inc￿ded al a cost of £35.001.
The DlrectDrs have considered the valuation of the Oulton properties and Becket's Chapd and belleve
that they mlghl well be less than market value. However the Directors are reluctant to Inwr the cost of
having prof8ssiMal valuations carried OLrt.
The following pro￿rtIeS are induded at a nominal valu8 of £100 each:
Freehold - Hornersfield Bridge., Utue Cre8slngham Wtndmill. Thwion Lodges.
Leasehold- Fakenham Gas Works,. Waxham Bam.
Page 24

NORFOLK HISTORIC BUILDINGS TRUST
IA Company Lim5ted by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
11 Fixed asset Investments
Investments
In
subsldlary
¢ompanle8
TNSI
Cost
Additions
At 31 March 2025
N•t bookvalue
At 31 March 2025
Prln¢lpal sub$ldlarfes
The followlThJ w88 4 S￿￿dIary underlaking of the TrusL'
Nam•
Company R•gl8t•red office or prlnclpal Prlnclpal actlvlty
nufflber
Pla￿ (rf IMMlno8
NHBT Trad￿g Company Limited 13094328
Becket'5 Chapel. 2 Church
CorTwneraal activltleB
Street ￿0ndh￿rn, Norfolk, of the TN8t
NR18 OPH
Class ol Holdlng
shares
Included In
con5011dallon
Ordinary
100% Yes
The financial results of the subslclary for Ihe yearwere..
Income Expendltyre
Profiu
(Los¥lfor
the year
Net assets
NHBT Trading COmp￿Y ￿MIted
066
(20,000)
24OSS
21056
Page 25

NORFOLK HISTORIC BUILDINGS TRUST
(A Cryany Llmlted by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Fixed asset Investments (Contlnued)
NHBT Trading Ccrfry>any Limited was inccwaied on 21 DeC￿ber 2020 commenced tradiro on 1
Awl 2024.
14 Debtors
Gnxjp
2024
Trust
2026
Trust
2024
2026
Due after more than one year
Other debtors
18.338
8.338
18,338
4338
18.338
8.338
18,338
Due N%lthln one year
Trade debtors
other debtors
11.654
14677
6.356
10,971
14,186
1,620
13,676
10.971
14,186
PrePayM￿￿S and accrued income
33,669
49,851
23.634
49.851
Page 26

NORFOLK HISTORIC BUILDINGS TRUST
(A COm￿Y Umlted by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
16. Credltovs: Am(xmts fallng due ￿￿thIn one ye
Group
2026
Group
2024
Trnst
2026
Twsf
2tr24
Trade credltors
Amounls owed lo wp urKlertalqngs
other tsxation and 80c4818e￿ty
Oth8r creditors
Accruals and deferred income
1363
11.
1363
4,001
11,554
4614
432
41148
87
87
38.830
18,925
38,830
5Q,667
50,4TI
26,376
50.472
Group
2026
Group
2024
Trurt
2026
Tmsl
2024
Defe￿ed Income at 1 April 2024
Resources deferred during the year
Amounts relea88d from wewou8 periods
47.888
31,900
(28,537)
31,249
37,646
(21.oon
47,888
5,534
124537)
3t,249
37,646
(21,007)
51,251
47,888
24,886
47,888
£10.8SS12024 - £tO,9091 of the deferred income above relates lo weddlngs lo be heid after 31 March
2026 is therefore disdosed in note 16 85 due after mor8 th8n one year.
10. Cr•ditors: Amounts falllng duo •ft•r more than one y
Gro
2026
Gnxip
2024
Thist
2026
Trust
2024
Accruals deferred Incomo
10,855
10.909
2,112
10.909
Page 27

NORFOLK HISTORIC BUILDING5 TRUST
(A Company Limked by Guaranleel
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 VllARCH 2025
17. Statemenl of funds
ststement of funds- ciiffent year
Balance at
31 Ilarch
2025
Balance at 1
Aprfl 2024
Transfers
Inlout
Income Expendlture
Unrestricted funds
Deslgnated lunds
Maintenance resefve- Oulton
Chapel, Mans8 and Coach
House
60,000
mainten￿Ce reserve- ThLYt
Lodges
maInten￿Ce re5erve-
Homersfield Bridge
Maintenance reseTVe-
Waxham Great Bam
Heritage assets reserve
Operational r8ser¥8
1QOOO
10,000
1,000
1.OOLI
60,000
38&701
44000
60,000
386,701
45,000
Commitments to projects
8ed(etVs Chapel- Phase I
Bec*etVs Chapel- Phase11
Waxham B￿n- roof and
flooring renovation
603
(9,603)
35,OOD
34000
10,00
10.000
36,397
s9￿701
General funds
G￿er41 FLnd$
1&591)
199.710)
16.950
9.131
Total Unrestrfcted funds
553,713
98.482
(99,710)
53,347
605,832
Page 28

NORFOLK HISTORIC BUILDINGS TRUST
(A Company Limlted by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2D25
17. Statement of funds (contlnued)
Balance at
31 March
2025
Balance at 1
Aprfl 2024
Transfer5
inlout
Income Expendltwe
Re5trkted funds
Becket's Chap81
71,822
58,647
149,138)
153,347)
27,984
T¢)tal Df funds
625,535
157.129
1148,848)
633,816
The designated maintenance resèrw8 funds are based on projected future maintenance and restoration
costs.
Funds have been deslgnaled to a Herftage assets reserve refiecting the fact that the Trusts heritage
assets. principally comprising the freehold inlere5t5 at Oulton (Manse, Chapel and Coach Hous81 which
arè included on the TTUSt'5 balance sheel at £385,701. are pemianent in nature and are unlikely to be
realised on the medium to longer te￿n.
The operatlonal reseNe has been established to support the Trust should incLJme streams no longer be
available and provide sufficient re5erve5 to cover the grDSS Cost base for a period of six months.
The 8eck8Vs Chapel restricted fund was establi$hed hamng secured grants for the phase 1 repair work
to the chapel from Historic England, the Architectural Heritage Fund. Norwith Fieemens C17arity, Tho
Pilgrim Trusi The Headley Trust and the Geoffr8y Wauing Charity. During the year ended 31 March
2025, the Charity incurred costs of £53,347 on a chandelierforthe Chapel. As the r8Striclion attached to
the fijnds were met upon acquisilion of the asset. a corresponding transfer has be8n made from
restricted funds to general funds. The asset wll be held as a fixed asset deprau8ted over its useful
lrfe Ihrough general funds.
Page 29

NORFOLK ￿STORIc BUILtXNGS TRUST
(A COmp￿Y Linthd by GuaThntee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 UARCH 2025
17. Statement of funds (contlnued)
Statement of funds- prfor year
8alance at
31 March
2024
&￿an￿ at
I Aw712tr23
Transfers
inlout
Unrestrlcted fund5
Designated funds
Maintenance reserve- I￿￿10n
Chapel, Mans8 aTha cO￿h
HousB
.000
maintanar￿ ras8rv8-Thwlon
Lodges
Maintsnance reserve-
Homersfield Bridge
Mairrtenance reserve-
Waxham Great Bam
Heritage assets reserve
8ecketfs Chapel - Phase I
10,0
10,000
(5,000)
60.000
385.701
9,603
45.000
385,701
16.599
45,000
(6,996)
572300
(6,996)
(5,O¢YJ)
560,304
General funds
General Funds
3.167
72.519
(87,277)
&LWQ
(6,591)
Total Unre5tr1cted funds
5T5.467
72,519
(94.273)
553.713
Pag8 30

NORFOLK HISTORIC BUILDINGS TRUST
IA Company Llmited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
17. Statement of funds (contlnued)
Balan￿ at
31 twarch
2024
Balance at
1 Apn"12023
T￿n￿re
In/out
Income Expenditure
Restrfcted lunds
88ckeVs Chapel
247,854
171.227
(347,259)
71,B22
Total of funds
823,321
243,746
(441.532)
625.535
Page 31

NORFOLK HISTORIC BUILDINGS TRUST
(A Company Llmlted by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
1& Summary offund8
Summary of fund8- eurrent year
Balance at
31 March
2026
Balancè at 1
Aprll 2024
Translern
Inlout
Income Expendlture
DèÈlgnated funds
General fund8
Reslricted funds
660,304
16,5911
71,822
36,397
16,960
153,3471
596,701
9,131
27,984
98,402
68,647
(99,710)
(49,138)
624636
107,129
1148,848)
633,B16
Summary of fund•- prfor year
Balance at
31 M8rGh
2024
881anc8 81
1 April 2023
Transfers
inlout
Income Expendltur&
Designated funds
Gener81 funds
Restricted fund8
572,300
3,167
247,854
(6,996)
(8T,277J
(347,259)
(5.OOOJ
5,000
560,304
(6,591)
71,822
72,519
171,227
823,321
243.746
(441.532)
625,535
Page 32

NORFOLK HISTORIC BUILDINGS TRUST
(A Company Umlled by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
19. Analysls of net 888ets between funds
Analysls ol net assets between fund$- euffent year
Restrlcted Unre5tr1cted
fund5
funds
2026
2025
Total
lunds
2025
Tangit4e fixed assets
Heritag8 assets
Deblors due after more than one year
Current assets
Creditors due withln on8 year
Cre(Alors due in more than iJn8 y88r
48.998
385,701
8,338
224,207
150,55n
{10,855)
48,998
385,701
8,338
252,191
(50,5571
110,866)
27,984
Total
27.984
605,832
S33￿16
Analysls of net a55ets between fund5- prlor y8ar
Restt7Cted Unre511iGted
funds
funds
2024
2024
Tot
fund5
2024
Tangible fixed assgls
HerItag8 assets
Debtors due after more one year
Current assets
Creditors due within year
Creditors due in more than one year
5.856
385,701
18,338
205.198
f50.4Tt)
(10,909)
5,856
385.701
Y8,338
277.020
(50.471)
fl0,909)
71.822
Total
71,822
553,713
625,535
Capltal commltments
Group
2025
Group
2Q24
Contracted for but not provlded In these flninclal statements
Acquisition of 18ng￿le fixed assets
32,962
Page 33

NORFOLK HISTORIC BUILDINGS TRUST
(A Company Llmlted ty Guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
21.
Penslon commltments
Tho Trust operates a defined contributlon penslon scheme. The assets of th8 scheme are held separately
from those of the Trust in an Indepandgntiy administe￿d fund. The penslon cost charge represents
contributions payable by the Trust to the fund and amounted lo £16812024- £235). No contributions were
payable to the fund at tha bdance 5h8el dale.
21 Related paty transactlons
Detslls of Dlrectors. rerwneralon and expens8s ￿e given Hi note 10. There were no other rela￿ party
transactions durfng the year S￿1 there were no balancés owing btheen related parties and th8 Trust at
31 Marth 2025.
Page 34