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|31December2024||||||
|---|---|---|---|---|---|
||Notes|Restricted<br>funds|Unrestricted<br>funds|2024|2023|
|||||Total|Total|
|Incomefront||`£`|<br>`£`|<br>`£`|`£`|
|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<br>rustees'Reportfortheyearended31December2024<br>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<br>period||589,478|1,747,037|
|Cashandcashequivalentsattheendofthereportingperiod||380,571|589,478|





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|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/<br>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|



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||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|





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||2024|2023|
|---|---|---|
|Thisisstatedaftercharging:|£||
|Depreciationoftangibleassets|46,953|65,775|
|FeesPayabletotheauditorsfortheconsolidatedauditofJDHTfinancial<br>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|





## 

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|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|<br>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)||<br>(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||<br>Restricted|<br>2023|
||`£`|`£`||£||f,|||
|Fixedassets|324,147|||0|358,753||<br>4,000|<br>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||<br>4,000|5,703,174|





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|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|





## 

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|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)|



## 



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|25.ComparativeStatementofFinancia|lActivities2023||||
|---|---|---|---|---|
||Notes|Restricted<br>Funds|Unrestricted<br>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|