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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