| INDEX | Page |
|---|---|
| Legal and Administrative Information | 1 |
| Report of the 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 WTusting. Chairman |
| PM Farmar | |
| Mrs R Garwood | |
| M Pebody | |
| M S Pearson | |
| M Redwood | |
| D sully | |
| Ms Nicole Gilroy | |
| Angela Middleton | |
| 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 |
| FOR THE YEAR ENDED 30th SEPTEMBER 2024 | FOR THE YEAR ENDED 30th SEPTEMBER 2024 | FOR THE YEAR ENDED 30th SEPTEMBER 2024 | ||||
|---|---|---|---|---|---|---|
| Notes | Unrestricted | Restricted | Total | Unrestricted | Restricted | |
| 2024 | 2024 | 2024 | 2023 | 2023 | ||
| Income and endowments from: | ||||||
| Donations and legacies | 1 | 216 | 216 | 1 ,ooo | ||
| Charitable activities | 2 | 78,301 | 150,000 | 228,301 | 85,638 | 60,000 |
| Investments | 110 | 110 | 276 | |||
| Other | ||||||
| Total Income and endowments | 78,627 | 150,000 | 228,627 | 86,914 | 60,000 | |
| Expenditure on: | ||||||
| Raising funds | ||||||
| Charitable Activities | 3 | 129,141 | 129, 141 | 114,943 | 3,760 | |
| Other | ||||||
| Total Expenditure | 129,141 | 129,141 | 114,943 | 3,760 | ||
| Transfer between funds | 30,000 | (30,000) | ||||
| Net movement in funds | (20,514) | 120,000 | 99,486 | (28,029) | 56,240 | |
| Totalfunds broughtforward | 17,276 | 64,607 | 81 ,883 | 45,305 | 8,367 | |
| Totalfunds carried forward | (3,238) | 184,607 | 181,369 | 17,276 | 64,607 |
| AT 30th SEPTEMBER 2024 | Company Number: | 1370507 | |||
| Notes | Unrestricted | Restricted | Total | Total | |
| 2024 | 2024 | 2024 | 2023 | ||
| ASSETS: | |||||
| Fixed Assets | 5 | 12,804 | 12,804 | 19,209 | |
| Current Assets | |||||
| Debtors | 6 | 6,858 | 6,858 | 13,233 | |
| Cash at Bank | (19,336) | 184,607 | 165,271 | 60,329 | |
| (12,478) | 184,607 | 172,129 | 73,562 | ||
| Creditors | |||||
| Amounts falling due | |||||
| within one year | 7 | (3,564) | (3,564) | (10,888) | |
| (3,564) | (3,564) | (10,888) | |||
| Net Current Assets | (16,042) | 184,607 | 168,565 | 62,674 | |
| NET ASSETS | (3,238) | 184,607 | 181,369 | 81,883 | |
| FUNDS | Unrestricted | Restricted | Total | Total | |
| 2024 | 2024 | 2024 | 2023 | ||
| Unrestricted | |||||
| General Reserve | 8 | (3,238) | (3,238) | 17,276 | |
| Restricted | 9 | 184,607 | 184,607 | 64,607 | |
| (3,238) | 184,607 | 181,369 | 81,883 |
| Unrestricted | Restricted | Total | Total | ||||
|---|---|---|---|---|---|---|---|
| 2024 | 2024 | 2024 | 2023 | ||||
| Note | 1 | Donations | |||||
| Curriers Company Charitable Fund | 1,000 | ||||||
| Other | 216 | 216 | |||||
| 216 | 216 | 1 ,ooo | |||||
| Note | 2 | Charitable Activities | |||||
| Training Courses | 8,014 | 8,014 | 3,918 | ||||
| Sale ofmonographs | 1,145 | 1,145 | 308 | ||||
| Conservationfees | 34,533 | 34,533 | 77,255 | ||||
| Other income | 609 | 609 | 157 | ||||
| Grants | |||||||
| Worshipful Company of Saddlers | 4,000 | 4,000 | 4,000 | ||||
| Worshipful Company of Leathersellers | 30,000 | ||||||
| The Leathersellers Foundation | 30,000 | 150,000 | 180,000 | 30,000 | |||
| 78,301 | 150,000 | 228,301 | 145,638 | ||||
| Overseas sales amounted to E67 (2023:E8,469) | |||||||
| Note | 3 | Charitable Activities | |||||
| Employment Costs | 4 | 92,953 | 92,953 | 79,230 | |||
| Recruitment | |||||||
| Contractors | 5,369 | 5,369 | 2,579 | ||||
| Intern Costs | |||||||
| Rent/Rates/Utilities | 8,856 | 8,856 | 15,192 | ||||
| Office/running Costs | 1 ,460 | 1 ,460 | 3,368 | ||||
| Publicity | 1 ,462 | 1 ,462 | 1,363 | ||||
| Equipment R&M | 72 | 72 | 636 | ||||
| Insurance | 3,944 | 3,944 | 4,984 | ||||
| Other Costs | 128 | 128 | 79 | ||||
| Training | 70 | 70 | 1 ,409 | ||||
| Conservation Materials & equipment | 3,138 | 3,138 | 1 ,605 | ||||
| Depreciation | 6,405 | 6,405 | 6,405 | ||||
| Professional Fees | 4,387 | 4,387 | 1,048 | ||||
| Maintenance | 186 | 186 | |||||
| Governance | |||||||
| Trustee Expenses | 36 | 36 | |||||
| Independent Examination | 675 | 675 | 805 | ||||
| 129,141 | 129,141 | 118,703 |
| Note | 4 | Employment Costs | 4 | |||
|---|---|---|---|---|---|---|
| Salaries | 80,616 | 80,616 | 69,757 | |||
| NIER | 1,506 | 1 ,506 | 361 | |||
| SMP | ||||||
| ER Pension | 2,238 | 2,238 | 1,531 | |||
| Travel | 8,593 | 8,593 | 7,581 | |||
| 92,953 | 92,953 | 79,230 |
| Nt | 5 | id | ||||
|---|---|---|---|---|---|---|
| oe | Fxe Assets | Fixtures | ||||
| and | Total | Total | ||||
| Fittings | 2024 | 2023 | ||||
| Cost orValuation | ||||||
| Balance at 1 October 2023 | 103,050 | 103,050 | 103,050 | |||
| Additions during the year | ||||||
| At 30 September 2024 | 103,050 | 103,050 | 103,050 | |||
| Depreciation | ||||||
| Balance at 1 October 2023 | 83,841 | 83,841 | 77,436 | |||
| Charge in the year | 6,405 | 6,405 | 6,405 | |||
| At 30 September 2024 | 90,246 | 90,246 | 83,841 | |||
| Net book value | ||||||
| At 30 September2024 | 12,804 | 12,804 | ||||
| At 30 September2023 | 19,209 | |||||
| Unrestricted | Restricted | Total | Total | |||
| 2024 | 2024 | 2024 | 2023 | |||
| Note | 6 | Debtors | ||||
| Sundry Debtors | 10,275 | |||||
| Pre-Paid Debtors | 6,858 | 6,858 | 2,958 | |||
| 6,858 | 6,858 | 13,233 |
| Unrestricted | Restricted | Total | Total | |||
|---|---|---|---|---|---|---|
| 2024 | 2024 | 2024 | 2023 | |||
| Note | 7 | Creditors | ||||
| Sundry/Trade creditors | (432) | (432) | (5,883) | |||
| Accruals | (850) | (850) | (850) | |||
| Tax & Social Security costs | (2,282) | (2,282) | (4, 155) | |||
| (3,564) | (3,564) | (10,888) |
| Unrestricte | d | Reserves | Opening | Movement | Movement | Transfer | Closing |
| balance | In | Out | between | Balance | |||
| 01.10.23 | funds | 30.09.24 | |||||
| Unrestricted | 12,547 | 78,627 | (129,141) | 34,729 | (3,238) | ||
| Designated | - | Betty Haines | 4,729 | (4,729) | |||
| Project | |||||||
| 17,276 | 78,627 | (129,141) | 30,000 | (3,238) |
| Unrestricted | 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 |
| Note | 9 | Restricted Funds | Opening | Movement | Movement | Transfer | Closing |
|---|---|---|---|---|---|---|---|
| balance | In | Out | between | Balance | |||
| 01.10.23 | funds | 30.09.24 | |||||
| The Leathersellers' Company | |||||||
| Charitable Trust - ADV Grant |
4,367 | 4,367 | |||||
| Worshipful Company of | |||||||
| Saddlers | 4,000 | 4,000 | |||||
| The Leathersellers' Company | 26,240 | 26,240 | |||||
| The Leathersellers' Foundation | 30,000 | 150,000 | (30,000) | 150,000 | |||
| 64,607 | 150,000 | (30,000) | 184,607 |
| Comparative: | |||||
|---|---|---|---|---|---|
| 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 Leathersellers' Company | 30,000 | (3,760) | 26,240 | ||
| The LeathersellerS Foundation | 30,000 | 30,000 | |||
| 8,367 | 60,000 | (3,760) | 64,607 |