| INDEX | Page | ||
|---|---|---|---|
| Legal and Administrative | Information | ||
| Report of the Trustees | 2-5 | ||
| Independent Examiner's |
Report | ||
| Statement of financial | Activities | ||
| Statement offinancial |
position | 8-9 | |
| Notes to the accounts | 10-15 |
| THE LEATHER CONSERVATION | THE LEATHER CONSERVATION | THE LEATHER CONSERVATION | CENTRE | ||
|---|---|---|---|---|---|
| (A Company | Limited by Guarantee) | ||||
| ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDING 30™ SEPTEMBER 2023 |
|||||
| Company | Number: | 1370507 | |||
| Registered | Charity Number: | 276485 | |||
| Address: | Grosvenor Chambers |
||||
| Grosvenor Centre | |||||
| North ampton | |||||
| Northants | |||||
| NN1 2EW | |||||
| Trustees: | JW Tusting, Chairman |
||||
| PM Farmar | |||||
| Mrs R Garwood | |||||
| M Pebody | |||||
| M SPearson | |||||
| M Redwood | |||||
| D Sully | |||||
| IVls Nicole Gilroy | |||||
| Angela Middleton |
(appointed | 19.08.23) | |||
| Registered | Office: | Grosvenor Chambers Grosvenor Centre |
|||
| Northampton | |||||
| Northants | |||||
| NN1 2EW | |||||
| Bankers: | HSBC | ||||
| 100Old Broad Street | |||||
| London | |||||
| EC2N 1BG | |||||
| independent | Examiner: | Lorraine Scullion MAAT 17Peregrine Place |
|||
| East Hunsbury | |||||
| Northampton | |||||
| NN4 OSL |
| FOR THE YEAR ENDED 3 | 0th SE | PTEM | BER2023 | ||||
|---|---|---|---|---|---|---|---|
| Notes | Unrestricted | Restricted | Total | Unrestricted | Reetrlcted | ||
| 2023 | 2023 | 2023 | 2022 | 2022 | |||
| E | |||||||
| Income and endowments | from: | ||||||
| Donations and legacies |
1,000 | 1 000 | 1 216 | ||||
| Charitable activities |
85,638 | 60,000 | 145,638 | 85,747 | 19,000 | ||
| Investments | 276 | 276 | 4 | ||||
| Other | |||||||
| Total Income and endowments | 86,914 | 60,000 | 146,914 | 86,967 | 19,000 | ||
| Expenditure on: |
|||||||
| Raising funds Charitable Activities |
114,943 | 3,760 | 118,703 | 130,816 | 14,633 | ||
| Other | |||||||
| Total Expenditure | 114,943 | 3,760 | 118,703 | 130,816 | 14,633 | ||
| Transfer between funds |
|||||||
| Met movement in funds |
(28,029) | 56,240 | 28,211 | (43,849) | 4,367 | ||
| Total funds brought forward Total funds carried forward |
45,305 17,276 |
8,367 64,607 |
53,672 81,883 |
89,154 45,305 |
4,000 8,367 |
| (A Company Limited ByGuara |
ntee) | |||||
|---|---|---|---|---|---|---|
| STATEMENT OF FINANCIAL | POSITION | |||||
| AT 30th SEPTEMBER2023 | Company | Number: | 1370507 | |||
| Notes | Unrestricted | Restricted | Total | Total | ||
| 2023 | 2023 | 2023 | 2022 | |||
| f | f | f | f | |||
| ASSETS: | ||||||
| Fixed Assets | 19,209 | 19,209 | 25,614 | |||
| Current Assets | ||||||
| Debtors | 13,233 | 13,233 | 3,790 | |||
| Cash at Bank | (4,278) | 64,607 | 60,329 | 27,990 | ||
| S,955 | 64,607 | 73,562 | 31,780 | |||
| Creditors | ||||||
| Amounts falling due |
||||||
| within one year | (10,888) | (10,888) | (3,722) | |||
| (10,888) | (10,888) | (3,722) | ||||
| Net Current Assets | (1,933) | 64,607 | 62,674 | 28,058 | ||
| NETASSETS | 17,276 | 64,607 | 81,883 | 53,672 | ||
| FUNDS | Unrestricted | Restricted | Total | Total | ||
| 2023 | 2023 | 2023 | 2022 | |||
| Unrestricted | f | f | f | f | ||
| General Reserve | 17,276 | 17,276 | 45,305 | |||
| Restricted | 64,607 | 64607 | 8367 | |||
| 17,276 | 64,607 | 811883 | 53,672 |
| Unrestricted | Restricted | Total | T~i | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 2023 | 2023 | 2022 | |||||||||
| f | f | f | f | |||||||||
| Note | 1 | Donations | ||||||||||
| Curriers Company |
Charitable | Fund | 1,000 | 1,000 | 1,000 | |||||||
| Other | 216 | |||||||||||
| 1,000 | 1,000 | 1,216 | ||||||||||
| Note | 2 | Charitable Activities |
||||||||||
| Training Courses | 3,918 | 3,918 | ||||||||||
| Sale of monographs | 308 | 308 | 221 | |||||||||
| Conservation | fees | 77,255 | 77,255 | 47,205 | ||||||||
| Other income | 157 | 157 | 821 | |||||||||
| Grants | ||||||||||||
| Worshipful Company |
of | Saddiers | 4,000 | 4,000 | 4,000 | |||||||
| Worshipful Company |
of | Leathersellers | 30,000 | 30,000 | 52,500 | |||||||
| The Leathersellers | Foundation | 30,000 | 30,000 | |||||||||
| 85,638 | 60,000 | 145,638 | 104,747 | |||||||||
| Overseas sales amounted | to | F8,469 | (2022:f214.50) | |||||||||
| Note | 3 | Charitable Activities |
||||||||||
| Employment | Costs | 4 | 75,470 | 3,760 | 79,230 | 79,750 | ||||||
| Recruitment | ||||||||||||
| Self Employed | 2,579 | 2,579 | 1,115 | |||||||||
| Intern Costs | ||||||||||||
| Rent/Rates/Utilities | 15,192 | 15,192 | 18,388 | |||||||||
| Office/running | Costs | 3,368 | 3,368 | 2,952 | ||||||||
| Publicity | 1,363 | 1,363 | 1,241 | |||||||||
| Equipment R&M |
636 | 636 | ||||||||||
| insurance | 4,984 | 4,984 | 3,918 | |||||||||
| Other Costs | 79 | 79 | 652 | |||||||||
| Training | 1,409 | 1,409 | 833 | |||||||||
| Conservation | Materials | & | equipment | 1,605 | 1,605 | 3,696 | ||||||
| Depreciation | 6,405 | 6,405 | 19,359 | |||||||||
| Professional | Fees | 1,048 | 1,048 | 11,562 | ||||||||
| Maintenance | 1,039 | |||||||||||
| Governance | ||||||||||||
| Independent | Examination | 805 | 805 | 944 | ||||||||
| 114,943 | 3,760 | 118,703 | 145,440 |
| Note | 4 | Employment | Costs | ||||
|---|---|---|---|---|---|---|---|
| Salaries | 65,997 | 3,760 | 69,757 | 71,764 | |||
| NIER | 361 | 361 | 2,576 | ||||
| SMP | |||||||
| ER Pension | 1,531 | 1,531 | 1,447 | ||||
| Travel | 7,581 | 7,581 | 3,963 | ||||
| 75,470 | 3,760 | 79,230 | 78,750 |
| Note | 5 | Fixed Assets | Fixtures | ||||
|---|---|---|---|---|---|---|---|
| and | Total | Total | |||||
| Fittings | 2023 | 2022 | |||||
| Cost or Valuation | f | f | f | ||||
| Balance at 1 October 2022 | 103,050 | 103,050 | 103,050 | ||||
| Additions during the year |
|||||||
| At 30September | 2023 | 103,050 | 103,050 | 103,050 | |||
| Depreciation | |||||||
| Balance at 1 October 2022 | 77,436 | 77,436 | 58,077 | ||||
| Charge in the year |
6,405 | 6,405 | 19,359 | ||||
| At 30September | 2023 | 83,841 | 83,841 | 77,436 | |||
| Net book value | |||||||
| At 30September 2023 | 18,208 | 18,208 | |||||
| At 30September 2022 | 25,614 | ||||||
| Unrestricted | Restricted | Total | Total | ||||
| Note | 6 | Debtors | 2023f | 2023 | 2023 | 2022 E |
|
| Sundry Debtors | 10,275 | 10,275 | &66 | ||||
| Pre-Paid Debtors | 2,958 | 2,958 | 2,924 | ||||
| 13233 | 13)233 | 3,780 |
| Unrestricted | Unrestricted | Unrestricted | Restricted | Total | Total | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 2023 | 2023 | 2022 | ||||||||
| f | f | f | f | ||||||||
| Note | 7 | Creditors | |||||||||
| Sundry/Trade | creditors | (5,883) | (5,883) | (185) | |||||||
| Accruals | (850) | (850) | (960) | ||||||||
| Tax 5 Social | Security costs | (4,155) | (4,155) | (2,577) | |||||||
| (10,888) | (10,888) | (3,722) | |||||||||
| Note | 8 | Unrestricted | Reserves | Opening | Movement | Movement | Transfer | Closing | |||
| balance | In | Out | between | Balance | |||||||
| 01.10.22 | funds | 30.09.23 | |||||||||
| Unrestricted | 39,733 | 86,914 | (114,100) | 12,547 | |||||||
| Designated | - | Betty Haines | 5,572 | (843) | 4,729 | ||||||
| Project | |||||||||||
| 45,305 | 86,914 | (114,943) | 17,276 | ||||||||
| Betty Haines | Project | - Archive | digitisation | project | |||||||
| Comparative: | |||||||||||
| 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 | (11,208) | 5,572 | |||||
| Project | 89,154 | 86,967 | (130,816) | 45,305 | |||||||
| Betty Haines | Project - Archive | digitisation | project | ||||||||
| Note | 9 | Restricted | Funds | Opening | Movement | Movement | Transfer | Closing | |||
| balance | In | Out | between | Balance | |||||||
| 01.10.22 | funds | 30.09.23 | |||||||||
| The Leathersellers' Company |
|||||||||||
| Charitable | Trust - ADV Grant | 4,367 | 4,367 | ||||||||
| Worshipful | Company | of | |||||||||
| Saddlers | 4,000 | 4,000 | |||||||||
| The Leatherseiiers' | Company | 30,000 | (3,760) | 26,240 | |||||||
| The Leathersellers' | Foundation | 30,000 | 30,000 | ||||||||
| 8,367 | 60,000 | (3,760) | 64,607 |
| Comparative: | Comparative: | Comparative: | |||||||
|---|---|---|---|---|---|---|---|---|---|
| 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 |