2024-12-31-accounts

31December2024
	Notes	Restricted funds	Unrestricted funds	2024	2023
				Total	Total
Incomefront		£	£	£	£
Grants			6,250	6,250	13,987
Donations&gifts		83,557	600	84,157	82,617
	3	83,557	6,850	90,407	96,604
Charitableactivities
CovenantfromJLRL			571,200	571,200	571,200
Exhibitions&Events			2,452	2,452	16,376
Archive/Otherincome			2,055	2,055	112,786
	4		575,707	575,707	700,362
Othertradingactivities
Tradingcompanyincome			142,837	142,837	60,261
Investments
Bankinterest			7,790	7,790	13,021
Totalincome		83,557	733,184	816,741	870,248
Expenditure
Raisingfunds		-	(108,138)	(108,138)	(44,803)
Charitableactivities
Vehiclecosts		(58,623)	(314,764)	(373,387)	(360,032)
Exhibitions&Events		(8,312)	(113,624)	(121,936)	(141,666)
Archivecosts		(16,622)	(347,258)	(363,880)	(408,476)
Totalexpenditureoncharitableactivities	5	(83,557)	(775,646)	(859,203)	(910,174)
TotalExpenditure		(83,557)	(883,784)	(967,341)	(954,977)
Netincome/(expenditure)			(150,600)	(150,600)	(84,729)
UnrealisedGainonInvestments	24		102,669	102,669	50,826
OtherRecognisedloss
Netmovementinfunds			(47,931)	(47,931)	(33,903)
Totalfundsbroughtforward			5,703,174	5,703,174	5,737,077
Totalfundscarriedforward			5,655,243	5,655,243	5,703,174

	Notes	2024	2023
Fixedassets
Tangibleassets	11	324,147	362,753
Non-tangibleassets	Ha	81,825	81,825
Heritageassets	12	3,517,333	3,517,333
		3,923,305	3,961,911
Currentassets
Debtors	13	254,785	156,453
Stock	9	12,936	10,573
Investment	24	1,137,340	1,050,826
Cashatbankandinhand	22	380,571	589,478
		1,785,632	1,807,330
Currentliabilities
Creditors	14	(53,694)	(66,067)
Netcurrentassets		1,731,938	1,741,263
Totalassetslesscurrentliabilities		5,655,243	5,703,174
Funds
Restricted	15		4,000
Unrestricted	16	2,990,656	3,034,587
RevaluationReserve	17	2,664,587	2,664,587
Totalfunds	18	5,655,243	5,703,174

	Notes	2024	2023
Fixedassets
Tangibleassets	11	324,147	362,753
Non-tangibleassets	11a	81,825	81,825
Heritageassets	12	3,517,333	3,517,333
		3,923,305	3,961,911
Currentassets
Debtors	13	254,785	203,747
Cashatbankandinhand		323,061	533,166
Investment	24	1,137,340	1,050,826
		1,715,186	1,787,739
Currentliabilities
Creditors	14	(33,662)	(62,023)
Netcurrentassets		1,681,524	1,725,716
Totalassetslesscurrentliabilities		5,604,829	5,687,627
Netassets		5,604,829	5,687,627
Funds
Restricted	15		4,000
Unrestricted	16	2,940,242	3,019,040
RevaluationReserve	17	2,664,587	2,664,587
Totalfunds		5,604,829	5,687,627

AGUARDAIMLERHERITAGETRUST rustees'Reportfortheyearended31December2024 onsolidatedCashFlowStatementasat31December2024
	Notes	2024	2023
Cactiflowfromoperatingactivities
Netcashprovidedbyoperatingactivities	21	(208,351)	23
Cashflowsfrominvestingactivities
Interest		7,790	13,021
Purchaseofproperty,plant&equipment		(8,346)	(170,603)
Purchaseofinvestments			(1,000,000)
Netcashexpendedoninvestingactivities		(556)	(1,157,582)
Changeincashandcashequivalentsinthereportingperiod	22	(208,907)	(1,157,559)
Cashandcashequivalentsatthebeginningofthereporting period		589,478	1,747,037
Cashandcashequivalentsattheendofthereportingperiod		380,571	589,478

Activity2024	Unrestricted	Unrestricted	Restricted	Restricted	Total2024
	Activities	SupportCosts	SupportCosts	SupportCosts
	undertaken		undertaken
	directly		directly
		£	£	£	£
VehicleCosts	168,249	146,515		58,623	373,387
EventsCosts	40,365	73,259		8,312	121,936
ArchiveCosts	200,743	146,515		16,622	363,880
Total	409,357	366,289		83,557	859,203

JAGUARDAIMLERHERITAGE	JAGUARDAIMLERHERITAGE	TRUST
Trustees'Report	fortheyearended31December		2024
Activity2023	Unrestricted	Unrestricted	Restricted	Restricted	Total2023
	Activities	SupportCosts	SupportCosts	SupportCosts
	undertaken		undertaken
	directly		directly
	£	£	£	£
VehicleCosts	161,139	165,870		33,023	360,032
EventsCosts	42,221	82,934		16,511	141,666
ArchiveCosts	199,596	165,870	9,987	33,023	408,476
Total	402,956	414,674	9,987	82,557	910,174

GovernanceCosts2024-40%Archive,	20%Events,40%V	ehicles(2023:40%	Archive,20%Even	ts&40%Vehicles)
Supportcostbreakdownbyactivity	Vehicles	Archive	Events	Total2024
2024
Unrestricted	£	£	£	£
RemunerationFinance/Admin/MD	65,550	65,550	32,775	163,875
Finance&Administration	75,366	75,366	37,683	188,415
Insurance	3,636	3,636	1,819	9,091
Premises	1,963	1,963	982	4,908
Totalunrestricted	146,515	146,515	73,259	366,289
Restricted
Governance	10,220	10,220	5,110	25,550
GiftsinKind	48,403	6,402	3,202	58,007
TotalRestricted	58,623	16,622	8,312	83,557
Totalsupportcosts	205,138	163,137	81,571	449,846
Supportcostbreakdownby	Vehicles	Archive	Events	Total2023
activity2023
Unrestricted	£	£	£	£
RemunerationFinance/Admin/ MD	85,207	85,207	42,604	213,018
Finance&Administration	65,714	65,714	32,857	164,285
Insurance	3,508	3,508	1,753	8,769
Premises	11,441	11,441	5,720	28,602
Totalunrestricted	165,870	165,870	82,934	414,674
Restricted
Governance	11,600	11,600	5,800	29,000
GiftsinKind	21,423	21,423	10,711	53,557
TotalRestricted	33,023	33,023	16,511	82,557
Totalsupportcosts	198,893	198,893	99,445	497,231

.Employmentinformation
	2024	2023
	£	£
Salaries	405,343	383,294
EmployerNationalInsurance	38,626	34,537
EmployerPension	6,889	8,175
EmployerHealthShield	2,095
Total	452,953	426,006

	2024	2023
	Number	Number
SeniorManagement	4	4
Archive	3	3
Finance&administration	3	4
	10	I I
Thecombinedremunerationoftheseniormanagementteamwas:	2024	2023
	£	£
SeniorManagementSalaries	268,677	224,701
SeniorManagementEmployersNationalInsurance	32,181	26,213
SeniorManagementEmployersPension	3,885	4,697
SeniorManagementEmployersHealthSheild	898	873
Total	305,641	256,484

	2024	2023
	£	£
Communications/IT	7,056	7,056
Fuel	7,001	7,001
Vehiclestorage	35,000	35,000
Companysecretamy	4,500	4,500
Taxationservices	4,500	4,500
AuditFee	25,500	24,500
Total	83,557	82,557

	2024	2023
Thisisstatedaftercharging:	£
Depreciationoftangibleassets	46,953	65,775
FeesPayabletotheauditorsfortheconsolidatedauditofJDHTfinancial statements.	25,500	24,500

1.Tangibleassets
Cost	Office	Fixtures&	Plant&	Buildings	Total2024
	Equipment	Fittings	Equipment
		£	£	£	£
AtIJanuary2024	31,160	563,730	36,491	400,000	1,031,381
Additions	3,853	770	3,723		8,346
Disposals
At31December2024	35,013	564,500	40,214	400,000	1,039,727
AccumulatedDepreciation
	£	£
At1January2024	(22,173)	(482,731)	(26,224)	(►37,500)	(668,628)
Disposals
Chargefortheyear	(4,257)	(23,245)	(2,650)	(16,800)	(46,952)
At31December2024	(26,430)	(505,977)	(28,874)	(154,300)	(715,580)
Netbookvalueat:
31December2023	8,987	80,999	10,267	262,500	362,753
31December2024	8,583	58,523	11,340	245,700	324,147

HeritageAssets	Vehicles£	Artefacts£	Total£
Asat1January2024&31December2024	3,492,930	24,403	3,517,333

Vehicles:	Artefacts:
Giftedin2024was£nil(2023£rill)	Giftedin2024was£nil(2023£nil)
Acquisitionsin2024was£nil(2023£45,000)	Acquisitionsin2024was£nil(2023£9,563)
Disposalsin2024was£nil(2023£nil)	Disposalsin2024was£nil(2023£nil)

3.Debtors
	Group		Group		JDHT	JDHT
		2024		2023	2024	2023
Amountsfallingduewithingoneyear		£		£	£	£
TradeDebtors		130		3,854	130	3,854
Amountsfromrelatedparties		46,900		-	46,900	47,294
VATRecoverable		144,401		97,290	144,401	97,290
Prepayments		63,354		55,309	63,354	55,309
Total		254,785		156,453	254,785	203,747

14.Creditors		Group	Group			JDHT	JDHT	JDHT
		2024	2023			2024		2023
Amountsfallingduewithingoneyear		£	£				£	£
TradeCreditors		13,571	21,608			7,318		20,770
Amountsduetorelatedparties			4,325					4,325
VAT		11,686	3,206					..
Accrualsanddeferredincome		28,437	36,928			26,344		36,928
Total		53,694	66,067			33,662		62,023
15.Restrictedfunds							2024	2023
							£	£
BalanceatIJanuary							4,000
Transferredtounrestrictedfunds							(4,000)
Incomingresources							89,807	96,544
Resourcesexpended						(89,807)		(92,544)
Balanceat31December								4,000
16.Unrestrictedfunds	Group	Group	JDHT		JDHT	Ventures		Ventures
	2024	2023	2024		2023		2024	2023
	£	£	£		£		£	£
BalanceatIJanuary	3,034,587	3,072,490	3,023,040	3,072,401			15,458
Transferredfromrestrictedfunds	4,000
OtherRecognisedgains	102,669	50,826			50,826
Incomingresources	733,184	773,704	692,848		713,443	143,005		60,261
Resourcesexpended	(883,784)	(862,433)	(775,646)	(817,630)		(108,138)		(44,803)
Balanceat3IDecember	2,990,656	3,034,587	2,940,242	3,019,040			50,325	15,458
17,RevaluationReserve							2024	2023
							£	£
BalanceatIJanuary&31December2024						2,664,587		2,664,587
18.TotalFunds	Unrestricted	Restricted			Unrestricted		Restricted	2023
	£	£		£		f,
Fixedassets	324,147			0	358,753		4,000	362,753
NonTangibleassets	81,825			0	81,825			81,825
Heritageassets	852,746			0	852,746			852,746
Revaluation	2,664,587			0	2,664,587			2,664,587
Currentassets	1,785,632			0	1,807,330			1,807,330
Currentliabilities	(53,694)			0	(66,067)			-66,067
Netassets	5,655,243			0	5,699,174		4,000	5,703,174

1.Reconciliationofnetmovementinfundstonetcashflowfromo	peratingactivities
	2024	2023
	£	£
NetIncome	(47,931)	(33,903)
Adjustmentsfor:
Depreciationoftangiblefixedassets	46,953	65,775
Netinterestreceivable	(7,790)	(13,021)
Investmentgain	(86,514)	(50,826)
Purchasestock	(2,364)	(10,573)
Movementintradeandotherreceivables	(98,332)	47,685
Movementintradepayables	(12,373)	(5,114)
Netcashinflow/(outflow)fromoperatingactivities	(208,351)	23

2.Analysisofcash
	2024	2023
Cashatbankandinhandat1January	589,478	1,747,037
Changeincashaspercashflow	(208,907)	(1,157,559)
Netcashinflow/(outflow)fromoperatingactivities	380,571	589,478

	2024	2023
	£	£
Turnover	203,265	60,260
Costofsales	(9,580)	(2,902)
Grossprofit	193,685	57,358
Administrationexpenses	(143,360)	(41,900)
Profitbeforetax	50,325	15,458
Taxation
Profitaftertax	50,325	15,458
3a,Grossincomingresourcesandresultsattributedtotheparentcharity.
	2024	2023
	£	£
Totalincomingresources	776,404	860,813
Totaloutgoingresources	(859,202)	(910,174)
Netcashinflow/(outflow)fromoperatingactivities	(82,798)	(49,361)

25.ComparativeStatementofFinancia	lActivities2023
	Notes	Restricted Funds	Unrestricted funds	2023Total
Incomefrom
Grants		13,987		13,987
Donations&gifts		82,557	60	82,617
	3	96,544	60	96,604
Charitableactivities				0
CovenantfromJLRL			571,200	571,200
Exhibitions&Events			16,376	16,376
Archiveincome			112,786	112,786
	4	0	700,362	700,362
Othertradingactivities
Tradingcompanyincome	23		60,261	60,261
Investments				0
Bankinterest			13,021	13,021
Other				0
Totalincome	9	96,544	773,704	870,248
Expenditure			(44,803)	(44,803)
Charitableactivities
Vehiclecosts		(33,023)	(327,009)	(360,032)
Exhibitions&Events		(16,511)	(125,155)	(141,666)
Archivecosts		(43,010)	(365,466)	(408,476)
TotalExpenditureoncharitable
activities	S	(92,544)	(817,630)	(910,174)
TotalExpenditure		(92,544)	(862,433)	(954,977)
Netincome/(expenditure)		4,000	(88,729)	(84,729)
UnrealisedGainonInvestment			50,826	50,826
Otherrecognisablelosses
Netmovementinfunds		4,000	(37,903)	(33,903)
Totalfundsbroughtforward			5,737,077	5,737,077
Totalfundscarriedforward		4,000	5,699,174	5,703,174