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|Reference and administrative details ofthe Charity, its Trustees and advisers|1|
|Trustees' report|2-5|
|Independent examiner's report|6|
|Statement offinancial activities|7|
|Balance sheet|8|
|Statement ofcash flows|9|
|Notes to the financial statements|10-19|
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|||Unrestricted|Total|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2024|2024|2023|
||Note|£|£|£|
|Income from:|||||
|Donations and legacies|3|493,122|493,122|153,904|
|Investments|4|150,676|150,676|151,991|
|Other income|5|112,715|112,715|164,848|
|Total income||756,513|756,513|470,743|
|Expenditure on:|||||
|Charitable activities|6|473,498|473,498|539,368|
|Total expenditure||473,498|473,498|539,368|
|Net income/(expenditure) before net gains on
investments||283,015|283,015|(68,625)|
|Net gains on investments||872|872|4,397|
|Net movement in funds||283,887|283,887|(64,228)|
|Reconciliation offunds:|||||
|Total funds brought forward||2,313,887|2,313,887|2,378,115|
|Net movement in funds||283,887|283,887|(64,228)|
|Total funds carried forward||2,597,774|2,597,774|2,313,887|
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|||||29 February
2024||28 February
2023|
|---|---|---|---|---|---|---|
|||Note||£||£|
|Fixed assets|||||||
|Tangibie assets||8||2,181,506||1,691,506|
|Investments||9||470,090||476,568|
|||||2,651,596||2,168,074|
|Current assets|||||||
|Debtors||10|53,585||228,472||
|Cash at bank and in hand|||106,830||80,180||
||||160,415||308,662||
|Creditors: amounts falling due within one year||11|(127,562)||(65,997||
|Net current assets||||32,853||242,665|
|Total assets less current liabilities||||2,684,449||2,410,739|
|Creditors: amounts falling due after more than|||||||
|one year||12||(86,675)||(96,852)|
|Total net assets||||2,597,774||2,313,887|
|Charity funds|||||||
|Unrestricted funds|||||||
|General funds||13|1,363,661||1,079,774||
|Revaluation reserve|||1,234,113||1,234,113||
|Total unrestricted funds||13||2,597,774||2,313,887|
|Total funds||||2,597,774||2,313,887|
|The fipantial state|nts were approved and authorised for||issue by the Trustees and signed on||their behalf by:||
|ter -
MrR|stee||Mr*J F|D Hoy - Trustee|||
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|||2024|2023|
|---|---|---|---|
||Note|£|£|
|Cash flows from operating activities||||
|Net cash used in operating activities|15|30,158|(58,832|
|Cash flows from investing activities||||
|Movement of investments||6,478|51,651|
|Net cash provided byinvesting activities||6,478|51,651|
|Cash flows from financing activities||||
|Movement on borrowing||(9,996)|(10,000)|
|Net cash used in financing activities||(9,996)|(10,000)|
|Change in cash and cash equivalents in the year||26,640|(17,181)|
|Cash and cash equivalents at the beginning of the year||80,190|97,371|
|Cash and cash equivalents at the end ofthe year|16|106,830|80,190|
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||Unrestricted|Total|Total|
|---|---|---|---|
||funds|funds|funds|
||2024|2024|2023|
||£|£|£|
|Donations|493,122|493,122|150,855|
|Grants|||3,049|
||483,122|493,122|153,904|
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||Unrestricted|Total|Total|
|---|---|---|---|
||funds|funds|funds|
||2024|2024|2023|
||£|£|£|
|Rents received|135,298|135,298|129,003|
|Income from local listed investments|15,378|15,378|22,988|
||150,676|150,676|151,991|
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|||||Unrestricted|Total|Total|
|---|---|---|---|---|---|---|
|||||funds|funds|funds|
|||||2024|2024|2023|
|||||£|£|£|
|income|from|house|opening|112,715|112,715|164,848|
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||Charitable
activities|Support
costs|Total
funds|Total
funds|
|---|---|---|---|---|
||2024|2024|2024|2023|
||£|£|£|£|
|Garden upkeeps|120,446||120,446|112,762|
|House maintenance|82,084||82,084|83,957|
|Building and contents insurance|33,729||33,729|38,892|
|Management overheads|47,493||47,493|82,472|
|Education programme and direct trust costs|35,051||35,051|33,544|
|Strategic repairs|114,850||114,850|146,645|
|Investment managers fee||2,855|2,855|3,007|
|Professional fees||21,722|21,722|22,959|
|Sundry expenses||3,012|3,012|2,245|
|Accountancy fees||4,600|4,600|5,640|
|Interest payable on loan||6,367|6,367|5,956|
|Trustees' indemnity insurance||1,289|1,289|1,289|
||433,653|39,845|473,498|539,368|
|Total 2023|498,272|41,096|539,368||
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|||Freehold|Long-term
leasehold|Otherfixed||
|---|---|---|---|---|---|
|||property|property|assets|Total|
|||£|£|£|£|
|Cost or valuation||||||
|At|1 March 2023|900,000|775,000|16,506|1,691,506|
|Additions||490,000|||490,000|
|At|29 February 2024|1,390,000|775,000|16,506|2,181,506|
|Net book value||||||
|At|29 February 2024|1,390,000|775,000|16,506|2,181,506|
|At|28 February 2023|$00,000|775,000|16,506|1,691,506|
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||Listed|Unlisted||
|---|---|---|---|
||investments|investments|Total|
||£|£|£|
|Cost orvaluation||||
|At
1 March 2023|476,489|79|476,568|
|Additions|16,208||16,208|
|Disposals|(23,852)||(23,852)|
|Revaluations|1,166||1,166|
|At 29 February 2024|470,011|79|470,090|
|Net book value||||
|At 28 February 2024|470,011|79|470,090|
|At 28 February 2023|476,489|79|476,568|
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||29 February
2024|28 February
2023|
|---|---|---|
||£|£|
|Due within one year|||
|Trade debtors||178,185|
|Other debtors|19,067|26,775|
|Prepayments and accrued income|34,518|23,512|
||53,585|228,472|
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||29 February
2024|28 February
2023|
|---|---|---|
||£|£|
|Bank loans|10,829|10,648|
|Trade creditors|9,917|2,580|
|Other creditors|102,991|31,375|
|Accruals and deferred income|3,825|21,394|
||127,562|65,997|
|||29|February
2024|28|February
2023|
|---|---|---|---|---|---|
||||£||£|
|Bank|loans||16,675||26,852|
|Other|creditors||70,000||70,000|
||||86,675||96,852|
##
||||||Balance at 29|
|---|---|---|---|---|---|
||Balance at 1
March 2023|income|Expenditure|Gains/
(Losses)|February
2024|
||£|£|£|£|£|
|Unrestricted funds||||||
|General Funds|1,079,774|756,513|(473,498)|872|1,363,661|
|Revaluation reserve|1,234,113||||1,234,113|
||2,313,887|756,513|(473,498)|872|2,597,774|
|Statement offunds - prior year||||||
||||||Balance at|
|---|---|---|---|---|---|
||Balance at
1 March 2022
£|Income
£|Expenditure
£|Transfers
in/out
£|28 February
2023
£|
|Unrestricted funds||||||
|General Funds|1,144,002|470,743|(539,368)|4,397|1,079,774|
|Revaluation reserve|1,234,113||||1,234,113|
||2,378,115|470,743|(539,368)|4,397|2,313,887|
||Unrestricted|Total|
|---|---|---|
||funds|funds|
||29 February
2024|29 February
2024|
||£|£|
|Tangible fixed assets|2,181,506|2,181,506|
|Fixed asset investments|470,090|470,090|
|Current assets|160,415|160,415|
|Creditors due within one year|(127,562)|(127,562)|
|Creditors due in more than one year|(86,675)|(86,675)|
|Total|2,597,774|2,597,774|
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||Unrestricted|Total|
|---|---|---|
||funds|funds|
||28 February
2023|28 February
2023|
||£|£|
|Tangible fixed assets|1,691,506|1,691,506|
|Fixed asset investments|476,568|476,568|
|Current assets|308,662|308,662|
|Creditors due within one year|(65,997)|(65,997|
|Creditors due in more than one year|(96,852)|(96,852|
|Ttl|2,313,887|2,313,887|
##
||29 February
2024|28 February
2023|
|---|---|---|
||£|£|
|Net income/expenditure for the period (as per Statement of Financial Activities)|283,887|(64,228|
|Adjustments for:|||
|Decrease in debtors|174,887|36,323|
|Increase/(decrease) in creditors|61,384|(30,927)|
|Non cash item|(490,000)||
|Net cash provided by/(used in) operating activities|30,158|(58,832)|
|||29 February
2024|28 February
2023|
|---|---|---|---|
|||£|£|
|Cash|in hand|106,830|80,190|
|Total|cash and cash equivalents|106,830|80,190|
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|||||||At 29|
|---|---|---|---|---|---|---|
|||||At 1 March
2023|Cash flows|February
2024|
||||||£|£|
|||||£|||
|Cash|at bank and in hand|||80,190|26,640|106,830|
|Debt|due within||1 year|(10,648)|(181)|(10,829)|
|Debt|due after|1|year|(26,852)|10,177|(16,675)|
|||||42,690|36,636|79,326|
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