| INDEX | Page |
|---|---|
| Legal and Administrative Information | 1 |
| Report ofthe Trustees | 2-5 |
| Independent Examiner's Report | 6 |
| Statement of financial Activities | 7 |
| Statement of financial position | 8-9 |
| Notes to the accounts | 10 -15 |
| Company Number: | 1370507 |
|---|---|
| Registered Charity Number: | 276485 |
| Address: | Grosvenor Chambers |
| Grosvenor Centre | |
| Northampton | |
| Northants | |
| NNI 2EW | |
| Trustees: | J W Tusting. Chairman |
| PM Farr-nar | |
| Mrs R Garwood | |
| M S Pearson | |
| M Redwood | |
| D sully | |
| Ms Nicole Gilroy | |
| N Tusting — Treasurer (appointed 25.11.19) |
|
| Registered Office: | Grosvenor Chambers |
| Grosvenor Centre | |
| Northampton | |
| Northants | |
| NNI 2EW | |
| Bankers: | HSBC |
| 100 Old Broad Street | |
| London | |
| EC2N IBG | |
| Independent Examiner: | Lorraine Scullion MAAT |
| 17 Peregrine Place | |
| East Hunsbury | |
| Northampton | |
| NN4 OSL |
| Notes | Unrestricted | Restricted | Total | Unrestricted | Restricted | |
|---|---|---|---|---|---|---|
| 2022 | 2022 | 2022 | 2021 | 2021 | ||
| Income and endowments from: | ||||||
| Donations and legacies | 1 | 1,216 | 1,216 | 265 | ||
| Charitable activities | 2 | 85,747 | 19,000 | 104,747 | 82,785 | 20,000 |
| Investments | 4 | 4 | 2 | |||
| Other | ||||||
| Total Income and endowments | 86,967 | 19,000 | 105,967 | 83,052 | 20,000 | |
| Expenditure on: | ||||||
| Raising funds | ||||||
| CharitableActivities | 3 | 130,816 | 14,633 | 145,449 | 103,131 | 32,616 |
| Other | ||||||
| Total Expenditure | 130,816 | 14,633 | 145,449 | 103,131 | 32,616 | |
| Transfer between funds | ||||||
| Net movement in funds | (43,849) | 4,367 | (39,482) | (20,079) | (12,616) | |
| Totalfunds brought forward | 89,154 | 4,000 | 93,154 | 109,233 | 16,616 | |
| Totalfunds carried forward | 45,305 | 8,367 | 53,672 | 89,154 | 4,000 |
| AT 30th SEPTEMBER2022 | Company Number: | 1370507 | |||
| Notes | Unrestricted | Restricted | Total | Total | |
| 2022 | 2022 | 2022 | 2021 | ||
| ASSETS: | |||||
| Fixed Assets | 5 | 25,614 | 25,614 | 44,973 | |
| CurrentAssets | |||||
| Debtors | 6 | 3,790 | 3,790 | 13,619 | |
| Cash at Bank | 19,623 | 8,367 | 27,990 | 36,970 | |
| 23,413 | 8,367 | 31,780 | 50,589 | ||
| Creditors | |||||
| Amounts falling due | |||||
| within one year | 7 | (3,722) | (3,722) | (2,408) | |
| (3,722) | (3,722) | (2,408) | |||
| Net Current Assets | 19,691 | 8,367 | 28,058 | 48, 181 | |
| NET ASSETS | 45,305 | 8,367 | 53,672 | 93,154 | |
| FUNDS | Unrestricted | Restricted | Total | Total | |
| 2022 | 2022 | 2022 | 2021 | ||
| Unrestricted | |||||
| General Reserve | 8 | 45,305 | 45,305 | 89,154 | |
| Restricted | 9 | 8,367 | 8,367 | 4,000 | |
| 45,305 | 8,367 | 53,672 | 93,154 |
| Unrestricted | Restricted | Total | Total | ||||
|---|---|---|---|---|---|---|---|
| 2022 | 2022 | 2022 | 2021 | ||||
| Note | 1 | Donations | |||||
| Curriers Company Charitable Fund | 1,000 | 1,000 | |||||
| Other | 216 | 216 | 265 | ||||
| 1,216 | 1,216 | 265 | |||||
| Note | 2 | Charitable Activities | |||||
| Sale ofchemical and waxes | 1,518 | ||||||
| Sale of monographs | 221 | 221 | 583 | ||||
| Conservation fees | 47,205 | 47,205 | 43,312 | ||||
| Otherincome | 821 | 821 | 1,372 | ||||
| Grants | |||||||
| WorshipfulCompany of Saddlers | 4,000 | 4,000 | 4,000 | ||||
| WorshipfulCompany of Leathersellers | 37,500 | 15,000 | 52,500 | 27,500 | |||
| WorshipfulCompany of Curriers | 1 ,ooo | ||||||
| British Leather Industry Development Trust | 3,500 | ||||||
| National Lottery Heritage Fund | 20,000 | ||||||
| 85,747 | 19,000 | 104,747 | 102,785 | ||||
| Overseas sales amounted to E214.50 (2021 :E38) | |||||||
| Note | 3 | Charitable Activities | |||||
| Employment Costs | 4 | 75,750 | 4,000 | 79,750 | 72,963 | ||
| Recruitment | |||||||
| SelfEmployed | 1,115 | 1,115 | 905 | ||||
| Intern Costs | |||||||
| Rent/Rates/Utilities | 18,388 | 18,388 | 8,671 | ||||
| Office/running Costs | 2,952 | 2,952 | 4 ,300 |
||||
| Publicity | 1 ,241 | 1,241 | 11,311 | ||||
| Equipment R&M | 245 | ||||||
| Insurance | 3,918 | 3,918 | 5,234 | ||||
| Other Costs | 652 | 652 | 645 | ||||
| Training | 833 | 833 | |||||
| Conservation Materials & | equipment | 3,696 | 3,696 | 8,892 | |||
| Depreciation | 19,359 | 19,359 | 19,359 | ||||
| Professional Fees | 929 | 10,633 | 11,562 | 2,412 | |||
| Maintenance | 1,039 | 1,039 | |||||
| Governance | |||||||
| Independent Examination | 944 | 944 | 810 | ||||
| 130,816 | 14,633 | 145,449 | 135,747 |
| Note | 4 | Employment Costs | 4 | ||||
|---|---|---|---|---|---|---|---|
| Salaries | 67,764 | 4,000 | 71,764 | 72,095 | |||
| NIER | 2,576 | 2,576 | 1 ,424 | ||||
| SMP | (3,048) | ||||||
| ER Pension | 1 ,447 |
1 ,447 |
1,326 | ||||
| Travel | 3,963 | 3,963 | 1,166 | ||||
| 75,750 | 4,000 | 79,750 | 72,963 |
| Fixed Assets | Fixtures | ||
|---|---|---|---|
| and | Total | Total | |
| Fittings | 2022 | 2021 | |
| Cost orValuation | |||
| Balance at 1 October 2021 | 103,050 | 103,050 | 103,050 |
| Additions during the year | |||
| At 30 September 2022 | 103,050 | 103,050 | 103,050 |
| Depreciation | ||||||
|---|---|---|---|---|---|---|
| Balance at 1 October 2021 | 58,077 | 58,077 | 38,718 | |||
| Charge in the year | 19,359 | 19,359 | 19,359 | |||
| At 30 September 2022 | 77,436 | 77,436 | 58,077 | |||
| Net book value | ||||||
| At 30 September2022 | 25,614 | 25,614 | ||||
| At 30 September2021 | 44,973 | |||||
| Unrestricted | Restricted | Total | Total | |||
| 2022 | 2022 | 2022 | 2021 | |||
| Note | 6 | Debtors | ||||
| Sundry Debtors | 866 | 866 | 10,687 | |||
| Pre-Paid Debtors | 2,924 | 2,924 | 2,932 | |||
| 3,790 | 3,790 | 13,619 |
| Unrestricted | Unrestricted | Restricted | Total | Total | ||||
|---|---|---|---|---|---|---|---|---|
| 2022 | 2022 | 2022 | 2021 | |||||
| Note | 7 | Creditors | ||||||
| Sundry/Tradecreditors | (185) | (185) | (361) | |||||
| Accruals | (960) | (960) | (900) | |||||
| Tax & Social Security costs | (2,577) | (2,577) | (1,147) | |||||
| (3,722) | (3,722) | (2,408) | ||||||
| Note | 8 | Unrestricted Reserves | Opening | Movement | Movement | Transfer | Closing | |
| balance | In | Out | between | Balance | ||||
| 01.10.21 | funds | 30.09.22 | ||||||
| Unrestricted | 79,874 | 79,467 | (119,608) | 39,733 | ||||
| Designated | - Betty Haines | 9,280 | 7,500 | (1 1 ,208) | 5,572 | |||
| Project | ||||||||
| 89,154 | 86,967 | (130,816) | 45,305 |
| Comparative: | Comparative: | Comparative: | |||||
|---|---|---|---|---|---|---|---|
| Unrestricted Reserves | Opening | Movement | Movement | Transfer | Closing | ||
| balance | In | Out | between | Balance | |||
| 01.10.20 | funds | 30.09.21 | |||||
| Unrestricted | 109,233 | 72,052 | (101 ,411) | 79,874 | |||
| Designated | - Betty Haines | 11,000 | (1,720) | 9,280 | |||
| Project | 109,233 | 83,052 | (103,131) | 89,154 | |||
| Betty Haines Project | - Archive | digitisation project | |||||
| Restricted | Funds | Opening | Movement | Movement | Transfer | Closing | |
| balance | In | Out | between | Balance | |||
| 01.10.21 | funds | 30.09.22 | |||||
| The Leathersellers' Company | |||||||
| Charitable Trust - ADV Grant | 15,000 | (10,633) | 4,367 | ||||
| Worshipful | Company of | ||||||
| Saddlers | 4,000 | 4,000 | (4,000) | 4,000 | |||
| National Lottery Heritage | |||||||
| Fund | |||||||
| 4,000 | 19,000 | (14,633) | 8,367 |
| Comparative: | |||||
|---|---|---|---|---|---|
| Restricted Funds | Opening | Movement | Movement | Transfer | Closing |
| balance | In | Out | between | Balance | |
| 01.10.20 | funds | 30.09.21 | |||
| The Leathersellers' Company | |||||
| Charitable Trust | 12,616 | (12,616) | |||
| Worshipful Company of | |||||
| Saddlers | 4,000 | 4,000 | |||
| National Lottery Heritage | |||||
| Fund | 20,000 | (20,000) | |||
| 16,616 | 20,000 | (32,616) | 4,000 |