The Sandgate Heritage Trust
Annual Accounts
for the year ended 31 December 2023
Charity Number 287281
Business address 51 Sandgate High Street
Sandgate
Folkestone
Kent
CT20 3AH
1
Notes to the financial statements for the
Year ended 31 December 2023
Note 1. This year’s retained surplus includes a transfer of £43432 on the merger of The Sandgate Heritage Trust and The Sandgate Society.
Note 2
| Note 2 | |
|---|---|
| FixedAssets | |
| Depreciation | |
| At 1 January 2023 | 599 |
| Charge on year | 149 |
| At 31 December 2023 | 450 |
Notes 3
| Unrestricted funds General Unrestricted Restricted funds The HGW Writing Competition fund Digitalisation Fund Covid Help Fund Community Garden Fund S.E.A. |
At 1 January 2023 27736 At 1 January 2023 7394 3300 760 1611 - 13065 |
Income Received 20455 Income Received 57 - 6647 973 7677 |
Payments Made 22162 Payments Made 1000 - 250 7090 144 8488 |
At 31 December 2023 26029(1)(+43432) At 31 December 2023 6451 3300 510 1168 829 12258 |
|---|---|---|---|---|
These accounts have been produced by the Treasurer and checked by a trusted person, Jan Holben.
2
Revenue Account for the year ended 31 December 2023
| 2023 | 2022 | |
|---|---|---|
| Revenue | 19393 | 13743 |
| Administrative expenses | (22013) | (15809) |
| Operating surplus/(deficit) | (2620) | (2066) |
| Transfers between funds | - | - |
| (Loss)/profit on ordinary | ______ | ______ |
| activities before interest | (2620) | (2066) |
| Interest receivable | 531 | 7 |
| ______ | ______ | |
| (2089) | (2059) | |
| Retained surplus brought forward | 27736 | 29795 |
| Retained surplus carried forward | 25647 | 27736 |
3
Balance Sheet
as at 31 December 2023
| 2023 £ Fixed Assets Tangible assets Current assets Cash in hand at bank 80974 Creditors: amounts falling within one year Net current assets Net assets Funds Restricted funds Unrestricted |
2022 £ £ 83634 (43432) 40202 80974 12258 68716 80974 |
£ 599 40801 13065 27736 40801 |
|---|---|---|
The financial statements were approved by the Trustees on ……………………………………………..and signed on their behalf by:
Dr Eddie Grimble Treasurer
4
Detailed Revenue Account
for the year ended 31 December 2023
| 2023 | 2022 | ||||
|---|---|---|---|---|---|
| Income | £ | £ | £ | £ | |
| Members subscriptions | 3657 | 3901 | |||
| Donations | 1297 | 126 | |||
| Raffles | 1050 | 875 | |||
| Refreshments | 1007 | 1307 | |||
| Gift Aid | 575 | 541 | |||
| Grants | 1080 | - | |||
| Events | 5456 | 5682 | |||
| Books cards etc | 314 | 977 | |||
| Reading Room Rental | 4957 | 334 | |||
| _____ | _____ | ||||
| 19393 | 13743 | ||||
| Administrative expenses | |||||
| Rent | 500 | 2000 | |||
| Insurance | 1705 | 752 | |||
| Light, heat and water | 1144 | 291 | |||
| Repairs and Maintenance | 7315 | 742 | |||
| Printing, postage and stationery | 889 | 809 | |||
| Archives | 248 | 1117 | |||
| Event costs | 4775 | 4602 | |||
| Audit | 1200 | 504 | |||
| Legal and professional | 1429 | 1800 | |||
| Refreshments | 799 | 555 | |||
| Phone, Internet and Website | 1166 | 993 | |||
| Bank charges | - | 100 | |||
| General expenses | 20 | 102 | |||
| Donations | 823 | 712 | |||
| Depreciation on FF and Equipment | 200 | ||||
| Profits/losses on disp of tangibles | 530 | ||||
| _____ | _____ | ||||
| 22013 | 15809 | ||||
| Operating surplus/(deficit) | (2620) | (2066) | |||
| Operating surplus/(deficit) inc Transfers | |||||
| Interest receivable | 531 | 7 | |||
| Net Surplus/(deficit) for the year | (2089) | (2059) |
5