REGISTERED COMPANY NUMBER: 01713969 (Englaftd and Wales) REGISTERED CHARITY NUMBER: 286919 Report of the Trustees and Uttalldited Financial Statemeftts fot the Year Ended 31 March 2024 For The Buckinghamshite Historic Buildings Trust Dux,{d-1S0ry Limired Chartered Accountants kenncl Cliib House Gatehouse Ix'ay i¥}'l¢sburs-' ButkiLigh2mshire HP19 8r)B
The Buckinghamshire Historic Buildings Ttust Contents of the Financial Statements for the Yew Ended 31 Match 2024 Page Report of the Tru6tee5 3to5 Independent Examitset's Report Statement of FilclaI Activities Balance Shcct 8t09 Notes to th¢ Financial Statements IOto15
The Buckinghamshire Htstoric Buildings Trust Repotl of the Trnstees for tbe Year Ended 31 Match 2024 The tnistees ivho Are Also directi)r% of the charity for Ihe pu0$e$ of the Companie5 Act 2(NJ6. preset]t cheir report wilh the financial %tat¢inents' of tlie diarity for the year ended 31 Nlatch ?0?4. Tlie tru%rees hAve adopted the proTh'ision£ nl Acc()unting and Repotting b? Chitlties.. StAtemeni of Recommended Practice applicable to Charities preparing thtir accounts in accordance 1th thc l.inancial Reparting Standird xpplicable in the LTK 2nd Republic ol Irdand (FRS 102) (ellectiire l.January 2019), OBJECTIVES AND ACTIVITIES Objectives and aims The objectives OE rhe I'rusr Irc rn prcsenTe for Ihe benefii ol rlie people oEBuckingh&mskn're and of Ihe nAtiOft ihe LnglL'sh his(oncal, %IchJt¢ctural and constructio11 heritxge. which mA)I cxist in and around BuckEnghamsliire in tl)e Eoim of building% and anLieni monutnenis. Spccificilly. tlie Ttustees use rhc manei, generated from the Trust's investments, after meeting d1ls(rAti1-.e Losts, Lo help Eund projects which mtet the aboi'e criteria. Prior to 2017 grAntS Rppraved had rnostly been small. IK'C IIAve referred to tlie guidance cnnr2ined IA the clilry Commission's general guidance on public benefit ivhen reviVIng our aiins aiid objectives and in pl%nning our ft]ture Aetiiyities. Significant activities vare th2t a faLr number of neglected bui]dings were in need of more 8jgnLlicant financi21 support, tlie 'I'rust embarked on a Heriiigc at "Sk projcct. In ?017, the Trust identified 2/.1 High Streer, High K ycombc builth"Thg of specific historic interest 2nd enteted in(0 a 125 year lease on thits property iryrh a iriew to Lts reslorauoti. Initial conservation ivorks were cattied out to Asseqs the building'% condition. Thc.%e work.% rei'vdled a medieval %tructute in rlie centre of Higli IK'ycoinbe thxt has been dated iu cl 400, and wluch warranted 2n exten8ivc programnie ol repair and maintenat)ce to bring ir back into full %STinp2dietic and beneficLAI use. The Tru%t commi8%i()ned architectiiral drnwings fot d]e te510rxrioo, prepared i detailed plan for the buijding, rec£iN ed teiiders lor Ih¢ restoration wnrk< and secured granr fi]nding from the Architectura Heritage Fund I,4HF) of up to £350,(K)O Ri.hich together ivith the Trust'% oii'n resources liai'e been used ¢0 restore 2/3 Higli Stteei. Contracts werc finaliscd in 2020 for tlie tesrorxrion workg xnd Pl2nning Permission And Listed Buildiiigs Consent obrained. K'ork on the resroration OE the buiLding comm¢iiced in November 2020 And iv25 substanti%ll}' complered in Marcli 202? During tlie cnursc ol tlie work furrlier details of tlie original stnjcture of rl)e building were reiiealed and documenred, including evidtiice of sOt late In¢diti-21 painted ivxll decorauon. Ti)e pretniseb i4rere haiided ovc.r to a tenant and operated until Jul3'. 2022 As i cockr2il bar on rhe ground floor 1[h ai-ailabiliryf Eor communir}¥ use OE die Iwo upper floors. Following A period in tlie iniddle nl 20?? IA wliich tlie i)ropcrry ni)t ILt. tlje Ttusi agreed a lease iiirh a new renant in December 2022. The second teiiant %g%in t)perhted i.he ptemi5es a bRr during 2023, but tlien Itft rhe buddiiig ar the beginning of 40?4 leaiqng rlie building vacant. The Trust l)as sfftnce January 20•4 been s¢ekLng a neiv tenant for Ehe prenitses *nd has appointed 2Lyent5 Lot this. X'ith th¢ focus on rhe resLoraUOiJ of 213 High Strecl. the Ttust has not ftiade any other gr2nts iii ?1)94 (?0?3 £nil). .8ince its inccptian the Triist has fipproved grAnt% %nd expendiiure on Fleritage at "sk projects of £1 ?73,101 of wliich £1,090,707 has been spent t)n 213 1 ligli Street, High IKF)'conibc.
The Buckinghamshirc Historic Builditsgs Trust Financial teview Noiii thai Ihe restora(ioii works on 2/3 High Street, Higii KV}-combe are substantially complete, the Board con%iders tli%t the inaiA 2ieA of finaiicial risk is in relation to the continued operAtioii of tl)e Tnist and in pftrticular, securing a regulat income From the letting of tlie building. 'I'lie Trust prepares detailed casli floivs to Jnonittsr it5 casll position 2nd rei7lCWS thcsc on x rcgular bAsis. S110uld additional Eiinding bc required to finance die acquisition ol tlie Frtelicjld o( Ilie building then die "I"rust explore *dditJonal funding source5. In preparing tht •0?• 2ccounts aiid iii lie of thc coinplerion of work on ?13 14igh Srreet, 14igh ycambe. the Trusree< reviewed their treatment of expendiiure on lh¢ Iesroration of the buddiiig. Expenditure on th¢ buiidiiig to 31 hlAIch 202? Ivxs £959,151. Thc Tnjstees consider it appropriAte ro include its interest in 2/3 Higl) Streer. High IN vcombe in thebe Aciountb al its TrTaluation of L150,000 as at Deceinber 2024 taLher than Ihe kn5tOriC21 cosr of rcstoratifjn b[)7-c or the earlier i'aluAtion in ?02? of £2-fj0,000. The i'aiuation in 20?? gave rise to a valuatinn deficit of 009.151 and tliere is a Eutther 'aluation deficit of£"95,833 in 20?4. In the currenr ircxr deprec.ixtion chArged Dn the cairying Value of rhc properry based on die period rexnaining on the Tmst's lease, prior to Ieiialuing tlie properti,. Thcsc 2ccnunts h2ve been prepared on a going concern basis on tlie assuinption diat die'l rust ivill be able to let the buAlding fc)r % retit sufficiet]t to cover the chxriryl's rc£lllRr nutgoings, or effecr a sale ar a Iraliiation sufficient to allow ffti to Aneei its Itabiiiries, NRTIIiLh the irustees beliei'e would be acliigvable. 'Ilie -Iru5tee5 h25"e reThTi¥wcd ind considered relNfAnt information, including the Rnnuxl biidger and future cash flows in Inx]u"ng theit assessmen(. The Trust's leaseliold inttrest in the budding ha5 beeii Falued in Deceniber 20?4 #1)d that i'alu2tion is reflected in these accounrs. BL%ed on tliese assessnients, tlie Trustees hai'e concluded that they cxn conunue to adopt the going cuncern basis. Tot21 fissets ire £173,773 (?0?3.. £289,478) of ivhich £150,000 is reptebented b}, the Th'%luation of the "I'rust's le2sehold interest in 2/3 1.ligli %tteet. High IY')Tcombe. Thc bilance is n]ade up OE caslj, debtors nd prepa)Tmenrs £23,77312023.. £"41,561). Current li2bth.ties And accrued expenses art £45,101 (2U23.. £84,35?) Net stand at £128,672 (?023.. £?0i,1261. Tlit-Iruses rnain sourcL' of income during tlie STear vrAs rent receiired on ?/3 High Street and donations. Expendire in tlie yc2r ended .11 Marcli 20ry4 wxs £18.775120?3.. £i8,929). Included in this figure is £6.851 paid in rent to BiickinghAmsliire Council on 913 F4igh Srreet, l.ligh li'yeombe {2023. £11,6QO). insurance cosrs on the property, legal Eces IA connection with re..letting the piopery, and otlier expenses. Th]'s exp¢ndiiure was futided b} the I"rusr's reserYe5. The overill ner m()v¢ment in EurLds made up of incom¢, expenditurcs, Ln$ on iniestmenrs and the valiiation deficit ITrTas a decrcase of O(1,4541?023: deficit.. £40,611} Plans for future period8 The Trusr'< immediac¢ priorit!. is io eiisure it secures a UStaInsb1e regular income Eroni the letting of ?13 Fligli .8treet, Fligli iNl!icombe. Subseque.nd3.- rhe 7"rut plans to cunrinue lI} it5 %upport for the proi¢cuon of heritage buildings.
The Buckinghanjshire Historic Buildings Trust STRucfuRE, GOVERNANCE AND MANAGEMENT Struciure and Govemance The Trust ib a iompany lunit¢d by guarantee. n()t having i share c21)ital. I'he affairs of tlie I"tu$t arc marjaged direcdy b! the Trustees who #re the onl! rnernbers of the Irusr. The rrustees nieeT 2r le15t ryvice a year to oTrersee projects. consider applications Eor finariciai assistance 2nd 10 receii't a report of financial staths. Therc are a minimum of three Trustee% and 2 m2ximuni of N'dFe. The Trusiees niav also co-opt ad(htional Lnembers ivitli relevan( knowledge and experience to settle unut tlie next'l'rustee meeting. RfFERENCE AND ADMINISTRATIVE DETAILS Registeted Company number 0171.3969 IF.nglind and iT'ales) Regi$teted Charity number ?86919 Registered office 213 Higl) .%trcct High IV)rcombe BuckinghaMh1rc HPII 2AZ Trustees [% C Ilstoft (Re$lta 14 Aprll 2023) .%ir F4 E.4ubrty Fletcher (Resigied 5, Ma}. 2023) Mt E E CopisArow Mr R CuU¢n NIr C Hoell Cllr H L Nlccarth}' (Rcsigned ?2 Septenjber ?()?3) Dtj fvlG Moir Ms C Murray nd Independent Examiner DUX Aai'isony Limired Cliartered Account2rJt l&enn¢l Club House Gateliouse IK'2V Aylesbury BuckJ'ngliAinsliir HP19 8DB ApproTr'ed by order of Ihe board ol trustees on 3011212024 and si)ed oil its behalE by.. .Is C fvlurrAy - Ttustee
The BuLkinghamshire Historic Building$ Ttust Jndependent Examiner's Report to the Trustees of The Buckinghamshlre Histotic Buildings Trust Independent examinet's report to the trustees of The Buckingham5hite Histotic Buildings Ttust ('the Company,) I report to the chAriry trustees on m}? cxxmination OE the Accounrs of the Compan}, for the }.ear ¢nded 31 Iklarch 2UJ24. Responsibilities and basis of teport As rhe cliarity'* trusrees of The C.ompkny (Ind also its &"rectors for tlie purposes of company lawl you are responsible for the pIepar2uon of the account5 in accordance 1th the requitements of the C.ompaw¢s ilct 2006 (rhe 2tX)6 Act). Having satisfied myself that rl)e accoiinrs nf tlie C.ornpany ate not required ro be audited under Part 16 of the 2006 Act and are ekngible for independent exSLinination, I repor( in respect of in}T cxRmin2tion ol yout cliarity's accounts as carLied out under.qectinn 145 of tlie Clixrities Act ?oi i efli¢ 2011 Act,). In carrying out m! exAminarion I haiTe followed th£ Directions given b} the Ch2rity Cornmission undcr secuon 1451)) (b) of the ?01 l Acr. Independent examiner 8 statement I hai'e conipleted my ex2mi1i3tion. I cor]F1 that no matters has'e come to my atrention in connection with ihe exarx)ination gLiTiAg me cause to beliei-e.. accounting records were iiot kept in rePect uf the Compansr as require.d by Section 386 of the 21106 ilct. or the %ccount5 do not accord with those records- or the account5 do not comply imth the iccouIiring requirements of $¢cU0n 396 of the 2006 Act other thaLI any rcquirernenr that the account< giitre a true and fair vicwivhich is not a matter eonsidercd part of Independent eXmInAll0. or Ihe accounts haiTe not beej) prepared in accordance with the methods and pritjciplcs of thc Stxtemeni of Reron]meAded PrRctice for accounting and repoitiilg by charities Iipplicable to charities pteparing tlieir ACCOUllt£ in 2CCDrdancc with the Financlal Repoming Standird 2ppIic2rf blc in the LIK and Repubbc OE Ireland (FIL% J 02)). I l)av¢ L)0 Loncerns and liave comc acrn%s nn ntlier matters in connection ryth tlic cximin2ttnn to Ivhtch atteniion should be drawn in tiLs repori in order to en?ble a propet uttdersr%nding of the
ccount¥ to be reached.
Bi2nca Petmal FCA DUX Adlsory Lirtllred Chartered Accoun(ai]tq Icennel Club Ilouse Gatehou5t IX'%y klylesbury Buckinghamshire EIP19 8DB Date.. .... 3011212024 .p
The Buckingliamshire Historic Building5 Trust Statement of Fitianciaj Activities for the Yeat Ended 31 March 2024 31.3.24 31.3.24 31.3.24 31.3.23 R&4trACted Untestticted ELd Fiuxd Nores Toial Fund5 roEal funds INCOME AND ENDOWMENTS FROM Don2tion$ 2nd l£8acies 4,900 254 5,li4 2,070 Investment incoine 33.(J)O 33,00 16,247 Total 4,91M) 33.254 38,154 18,317 EXPENDITURE ON Chatitsble Activities 50 18.025 18,775 58,928 NET INCOME/(EXPENDITURE) 4,150 19J79 40,611 Oiher recolSea gaths/(losses) GRins/Oosses) on [C?luation OE fLitd assets (95.833) {95,8331 NET MOVEMENT IN FUNDS 4,150 8LI.604 6.454 RECONCILIATION OF FUNDS TotAI 1]d5 brvught [oThvd 205,126 205,126 245,737 TOTAL FUNDS CARRIED FORWARD io 4.150 1?4,59? 128,672 205.126 The noies Eomi pAit ol these fin2nci21 sriteinenL
The BuLkinghamshire Historic Buildings Trust Balance Sheet 31 March 2024 31.3.24 31.3.24 3L3.24 31.3.23 Restricted Fund UnrestTlCted Notes Tot21 Funds Total Fiind FIXED ASSETS TaS)ble #ssets 150,000 150,000 247,917 CURRENT ASSETS Dtbtor% and Prepai'mcnts Cash at Bank 4,233 15,390 19.623 4233 19.540 23,773 5,249 36,312 41,561 4,150 4,150 CREDITORS Ilinounts fAlling duc ]Ill one Treax 45.101 45.101 184,352 NET CURRENT ASSETS 4.150 121,328 42,791 T(yfAL ASSETS LESS CURRENT LAIBILITIES 4,150 124,522 128,672 205,126 NET ASSETS 4,150 124,522 128.672 205,126 FUNDS io 4,150 124.522 128,672 205,126 'I'OTAL bUNDS 4,150 J24,522 128,672 205,126 11ie notes Eorm pari of tlicbe linanci#l stAtemc.nt¥
The Buckinghamshire Historlc Building5 Trust Th¢ cl)2ritable coinpany is ei)tided to exempuon from audit under Secuon 477 of the Companies Act 2006 f()r the }'eAr cndcd .31 March 2024. The membcrs hal-e nor required rhe conipany to obtain an audit of its finAneial statements for the }'e2r ended 31 Nlarcli ?024 in accotdance ivith Secuon 476 of the Companies Aci 2(K)6. The trustees acknowledge their responbie5 EOT {2) cnsurAng th%r rhe cliaritable company keeps aceounting record4 that compl}, rli sectio1 386 and 3117 of d]e Companies ALt 2W6 and (b) prtpariiig finaiicial statements wkn'ch lIe a true and fair iTiew of ihe State of affairs of the charir&ble companly as at tlie end of eacli flnincial year and of its surplus nr deficit fnr tath ]ai]uai Ipear in accordAnce wilh Lhe requirements of Sec(ii)ns 394 And 395 And ivkn.ch othernse compl}T ikltli rlie requirements of tlie Comparnes ilct 200() ttlating to financi>l statem¢ntS, so lar as applicable 10 the charitable compxny. 'Ihe5e finaThci81 stateinents Iiai'e been prepared in accordance with the provisions applicable ro charitable companÉes subject to tlie small companies, regime. Tlie financial statements ivere approved b}p tl)e Board of Trustees 2nd &uthatised Eo¥ issue on 3011212024 And ivere signed on its behAlf by.. C £.1 Is C fvlurray - Tru%tee Tlie noles lorni part of these fLnanCI statenients
The BuLkinghamshire Historic Buildings Trust Notes to the Flnattcial Statements fot thc Yeat Ended 31 March 2024 I. ACCOUNTING POLICIES Basis of preparing the financial statemeftts The flnanci sraiemeiirs of the charitible COpany, Ivhi¢h 1$ a pubh"c benefit entit)i under Flis 10? have bten prepared in 2ccordAnce ivirh rhc C".harLUes SORP (FRS 10?) 'Acc()uniiAg 2nd Reporting by ChArities.. Staiement OE Recomrnended Pr2ciiCe xpplicable to c112ritits preparing thcir Acerjuntb in Accordance wirh tht FinancLAI Repnrting SEandaId appb'cable iti the U'K and Repubhc ()f Iteland (F'RS 10?) {ef£ectii'e I lanuxri, 2019),, financixL Reporting Standatd 102 'The Financial Rcporting StandRrd applicable in the LIK and Republic of Ireland, and Ihe Companies Act 2006. Th¢ financial stitements have been prepared under the historical cost coniTcntion, with the exception of inNc5rmcrits which xre included ai market iralue. as inodL"fied b}, Ilie reTTaluauon of ccrtaiti assets. Tliese'AcLounis liaiT¢ been prep2& red on a goLng LOI)cem basi¥ on the assumF)tion thal tlie Tnlsi will be abl¢ to let the buildiog for x rent sufficient tn covcz thc chskrityy s regular outgoings, or effect A sale at a 'aluauon suffLcienr 10 allow it to meet its liibiLities, ii.lucli tlie crustees beljeve would bt acliiei'xble. Tlie 'rruslees hai-e Eei'iewed ana considered releiFant infotmatiOlJ. including rhe annual budget and future cash flows itt making their assenIent. The Trust'b le*¥eliold interest in tlie building lias been valutd in D¢tembtr 20?4 and that irAluAtion is retlectcd in the8e accounts. Bxsed on Ihcse 2ssessmet]ts, the TnL4tees h2ipe concluded that tliey can cnniinue to adopL tlie going concern basi%. The presentstional cutrency is L sterbAg and rounded to the neaiest pouiid. Incotne All incomc 1% rec()lised in the Staten)enr nf Fiiiiiici%l Activities onte the chariry hA£ ¢ntstlement to the funds, È( is prubable iliAr tl)e incolne bc receii'ed, and tlie ainount can be mea4ure.d reliably. Grant incon]e 1% credited to tlie Statement of F4inancial Activities wheii received or reccii'able ivhichei'er is c2th"er, uiiless the grai)r relates ro a future }'ear, in ivhich case it is deferred. Inconie froni chariiable crivirie% is credited LO the qtatement OE Eiinincia] .Ictii'ities ii,hen receii'ed or rcccis'%ble whiclievcr i tarlicr, unless it relates to a specific furure }Tear or eveni, in which case it is deferred. Expenditure Liabikn"rie% ire recogiiised as expeiidirure Èg soon as therc legal or constructive obligarion committing rlic cliarity to thAt expendirurt.. if is probable tlixt a transfer of economic benefits will be requirtd in setdement aiid tht arnoiint of the oblig2tion can bc rnex.%ured reliabl} ,4ll expenditure ts xccounted For on xn Accruxls ba8is and has been induded undcr £kTrcnse caregories rhat regate all cobls (or Xllocauon ro activities. Inairccr co%tS, InLluding governgllce Costs, Ivhich cAnnot be directl}i attributed to activitie%, art 211(Jt2ted propor(ionRte lo a¢cl costs xllocxted to earh projcct are2. Tangible fixcd asset$ THAble fixed Ate iniriAlly stated ic cost le5 depreciauon, subseqiieiidy the revaluAtiDn IT)i)d¢l is adoptcd. Depreciation is provided xt rates calculated to write off the cost of fixcd 255tt5., less their residual i'Alue, ui'er e1r useful life, on a strAight-hne basis. The useful life used is.. Inng lea%thold -120 17ear5 10
The Buckinghamshire Historic Buildings Trust I. ACCOUNTING POLICIES - continued Taxation 'rhe ch2tity is exempr from corporation txx on its charitablc 2CtiiTities. Fund accounting Unre.%trictrd Eund5 Lan be used in accordance with the chAti(able objectives at Ihe discretion of tlie trusteLS. Re5tri¢.ted funds ian onlv be used Eor pxtticulAr rcgrricred purpo.%es wiihin the objects of tlie chariri,. Resrriction5 1ris¢ ivhen specified b}, the donoi or ivhen fund5 are tRised lor particular resiricted putposes. Furtlicr explanation of rlie natur¢ and purpose of eacli fund is included in the notes to tlie financial statemenrs. Hire purch48e and leasing comxniiments Rcnt21s paid under aperaung leases are ehxtged to the Statement of Financial AcuiTities on a straiglit- line bASlS oi'er th¢ peiiud OE the lease. Ctitical estimaies attd judgetnents In prep2ring financiAI statemenrs ir is nece5$8ry to make certain judgements, esllinv4t¢t atid as8iiJnptions that affect the arn()unts recDgnised the Iin2nciAI 8t*tcments. These assumptions are ieassessed atinuallv a% part of the Accounr's preparation proce5S. In rlie iryew r)f Trustees in xpplying ihe accoiinting pohcies adopted, no judgeTnenis were reqU¢d that have a signilicai)t effect c)ii the amounts recogni%ed in thc finincial st2tcnient% iTrnr do any estinifites or assptionS made catty 2 sige2Th[ riqk oln)aterial adjustKnent in the nex( linancjal )'ear. Cash and cash cquivalents Las11 2Lid cash equivxltnts are basic fiiianci21 instrunjents and includt ca.%h in hand And deposits hdd t cAll with bank. 2. DONATIONS AND LEGACIES 31.3.24 31.3.24 31.3.24 31.3.23 Rcstrtcted Untestsicted fund Fund Total fund5 Total Funds Donation 254 254 1,070 Grants 4,900 4.900 I,o(K) 4,900 2i4 5,154 A dunatiun of £IOIO was ieceiiFed fIom a Triisiee, Mrs. fyl J Miller in 9023.
Th¢ BuLkingh2mshire HistotAC Buildings Trust Grants received included in tlie above ate as folluws- 31.3.24 31.3.24 31.3.24 3L3.23 Restricted [[ld Unrestrycted 'und Tot21 Funds Total Fiindq Cattington Trust I,((Jo E.leart of Buch 4,900 4,900 4,900 T])e He8rt oFBucks grantNvas pfoiTided to fund Art classes and actii.iueb in 913 High Stiee4 High Wj'combe. 3. INVESTMENT INCOME 3L3.24 3L3.24 31.3.24 31.3.23 Re8tticted fund Unre5Lricted Tot21 Funds Total FLTnds Rent5 RectiNed 32,730 32,730 16,167 DeFK)Sit account iniere8t 270 270 80 33.(MK) 33,000 16,247 4. NET INCOME/(EXPENDITURE) 31.3.24 31.3.23 Nct COme /(expenditure) i* stated 2Etet charging Independent LNaminauon fees 1700 1,065 Depreciation- owned as4ets 2,084 2,083 Other upugting lease costq 6,851 11,600 5. TRUSTEES, REMUNERATION AND BENEFITS Tht were iio in)%tee's remunerauon ur odier beiiefitrs for ilie l-ear ended.31 Mard) 2024 nor for rl)e }ear ended 31 h.IArch 2023. Trnstees, cxpen8es Diiiiii8 ihe i-tar eiided 31 ts(aicli 2024 no expenses were paid ro Trustees. During die ended 31 Nfardi 2023 £377 w28 paid to a Trustee, J M G Mnir. in respcct of ekpenses paid on behalf of rl)e Cliarirr 12
The Buckinghamshitt Historic Buildings Trust 6. TANGIBLE FIXED ASSETS I$t[l01d COST ORVALUATION At 31 March 2023 ReVuO 250.000 100,000 At 31 March 20A? 150 000 DEPRECIATION Ilt_ll March 20?3 ClJAtge for the Yexr RevAluxtion 14.167 t_31 Nlarch 2094 NET BOOK VALUE At 31 NIArch 21194 150,000 At 31 Marcli 20?3 ?47,917 Cost or valuation at 31 March ?0?4 15 represented t£A%ehold Valuation ill 20?4 150,000 If tlie leasdiold properti liad not been rei7alued it would liai'e been included ai ilie follovAng liistoric21 osi JL3.24 31.3.23 959,151 959.151 Ag2re£ate deprtciation 15,986 Tlie leaseliola properry, w28 alued oil open inAtket basis 011 17 December 20?4 bi. C.handlcr G2Th"u' 7. DEBTORS: AMouKfs FALLING DUE WITHIN ONE YEAR 31.3.24 31.3.23 Trade Debtors 1,639 V.IT 131 Prepas-ment and 2CCtuod locome 4,102 3,610 4,233 5,249
The Buckinghamsbire Historic Buildings Trust 8. CREDITORS: AMOUNTS FALLING DUE IyrrH ONE YEAR 31.3.24 31.3.23 VAT 3,208 Orher credÉiots 15.018 28.673 .4ccrued expen5e$ 3n,08.3 -52,471 45.101 84,3)2 Accru¢d expenses includes ali amouiit of £21 J3312O23. £21,333) due to a Truslte, Dr J Nloir in resptcr of profes5ion21 projecr mana¥ement sen'ices in 2022. 9. LEASJNG ARRANGEMENrs .[inimM le28e pA!'.mencs under rLon-canc¢llable oper21ing le2.%es fall duc a5 folloTr 31.3.24 31.3.23 X'ithsn one Jear 12,600 11,600 Benveen one #nd fifve l'ears 50,400 46,400 In more ihan fil'e I'eais 1,43U,100 1328,200 1,493,100 1.386,?00 Rent due on 2131 Hgh Streei Higli Il'i'combe is 5ubjeLt to rtvitw at 10 }-e2rli- intervxll ivith die fllst reN'ieiv being from Septcmbex 2022. The figlires for 2024 reflect the Ie5uIt5 ()E tlie fllsl rent rei'iew which was firLalLged in 2024. 10. MOVEMENf IN FUNDS Nct movemey)t in funds At 1.4.23 At 3L3.24 Unrestricted fvnds G¢neral futld 205,1 •6 (80.6041 124,522 Restricted fund I.le2rt of Bucks 4,150 4.150 TOTAL FUNDS ?05,1?6 1?8,679 14
The Buckinghamshire Historic Building5 Ttugt Net moi'ement in funds included it] the above are as Eolloivs.. Resoutces expended and t.-aluatIo11 of 255ets Incoming resoutces N.loi'ement in funds UnrestrACted fundg Gener21 fiind 33,254 (113,858) (80,()04) Re5ttiCted fund Heart of Bucks 4,900 50 4,150 TOTAL FUNDS 38,154 114608 6,454 Comparatives for movement in funds Net moi'emcnt in funds At 1.4.22 At 313.23 Unrestricied funds Gener21 Eund 245,737 140,611 20i,126 TOTAL FUNDS 245.737 40,611 20i,126 CompArate net inoi'ement in funds included in tht above are as follows.. Incoming Rewutcts tsu£CS expended Moiemeiit in Fund Unre8ttictd furtkds General fuxjd 18,317 158,928, TOTAL FUNDS 18.317 58,928 '.40,6111 11. RELATED PARTY DISCLOSURES Except a5 set out in notes 2,5 2nd 8 diere Nvere no telated parti, tr2n42Cti0115 Fot the l-ea1 31st Marel) 2024 And 2023. 15