|Reports||
|---|---|
|Referenceandadministrativeinformation|1|
|Trustees'report|2|
|Independentauditor'sreport|10|
|Accounts||
|Statementoffinancialactivities|15|
|Balancesheet|17|
|Statementofcashflows|18|
|Principalaccountingpolicies|19|
|Notestotheaccounts|24|





## 

|Corporatetrustee|BowerBequestTrusteeCompanyLimited|
|---|---|
|Directorsofthecorporatetrustee(trustees)|PaulAllen|
||LennoxCato(resigned10August2020)|
||MargaretCooke|
||RichardDon(resigned24May2021)|
||RuthGoldman(appointed2August2021)|
||MarkHinton|
||JuliaHutt|
||NancyLovegrove(appointed10August2020)|
||AnnabelNarayanan(appointed2August2021)|
||RogerPerkin|
||MarkStreatfeild|
|EstateManagerandCompanySecretary|MikeGlossop|
|FinanceOfficerandMarketingCo-ordinator|ClareProctor|
|Principaloffice|ChiddingstoneCastle|
||HillHoathRoad|
||Chiddingstone|
||Edenbridge|
||Kent|
||TN87AD|
|Charityregistrationnumber|291203|
|Auditor|BuzzacottLLP|
||130WoodStreet|
||London|
||EC2V6DL|
|Principalbankers|NationalWestminsterBankplc|
||89MountPleasantRoad|
||TunbridgeWells|
||Kent|
||TN11QJ|
|Solicitors|StoneKingLLP|
||BoundaryHouse|
||91CharterhouseStreet|
||London|
||EC1M6HR|





## 

## 



## 

## 

## 

|reasfollows:||
|---|---|
|Trustee|Appointed/resigned|
|PaulAllen||
|LennoxCato|Resigned10August2020|
|MargaretCooke||
|RichardDon|Resigned24May2021|
|RuthGoldman|Appointed2August2021|
|MarkHinton||
|JuliaHutt||
|NancyLovegrove|Appointed10August2020|
|AnnabelNarayanan|Appointed2August2021|
|RogerPerkin||
|MarkStreatfield||





## 

## 

## 



## 

## 

## 

|eniorexecutives||
|---|---|
|Name|Position|
|MikeGlossop|EstateManager(andCompanySecretary)|
|ClareProctor|FinanceOfficerandMarketingCo-Ordinator|



## 



## 

## 

## 

## 



## 

## 



## 

## 

## 

## 



19 August 2021 



## 

## 

## 

## 

## 



## 

## 

## 



## 




15 September 2021 



|||||Endowmentfunds|Endowmentfunds|Endowmentfunds|||
|---|---|---|---|---|---|---|---|---|
|||||Freehold|||||
|||General|Restricted|landand|Permanent|Reserve|Total|Total|
|||funds|funds|buildings|collection|collection|2020|2019|
|||`£`|<br>`£`|<br>`£`|<br>`£`|`£`|`£`<br>|`£`|
|Incomefrom:|||||||||
|Grantsanddonations|1|<br>129,963|||||129,963|40,045|
|Rentalincome||83,215|||||83,215|84,263|
|Licencefee||9,000|||||9,000|18,000|
|Charitableactivities|||||||||
|.PreservationoftheCastle|||||||||
|andcollections|2|90,285|||||90,285|242,444|
|Othersources|||||||||
|.CoronavirusJobRetention|||||||||
|Schemefunding||61,461|||||61,461||
|.Insuranceclaim||||||||15,072|
|||373,924|||||373,924|399,824|
|Expenditureon:|||||||||
|Charitableactivities|||||||||
|.PreservationoftheCastle|||||||||
|andcollections|3|356,518|1,045||||357,563|426,806|
|||356,518|1,045||||357,563|426,806|
|Netincome(expenditure)|||||||||
|andnetmovementinfunds|6|17,406|(1,045)||||16,361|(26,982)|
|Reconciliationoffunds:|||||||||
|Balancesbroughtforwardat1|||||||||
|January2020||(1,487,368)|3,797|11,561,512|7,482,717|161,272|17,721,930|17,748,912|
|Balancescarriedforward|||||||||
|at31December2020||(1,469,962)|2,752|11,561,512|7,482,717|161,272|17,738,291|17,721,930|





||||||Endowmentfunds|Endowmentfunds||
|---|---|---|---|---|---|---|---|
|||||Freehold||||
|||General|Restricted|landand|<br>Permanent|Reserve|Total|
|||funds|funds|buildings|<br>collection|collection|2019|
|||£|£|£|<br>£|£|£|
|Incomefrom:||||||||
|Grantsanddonations|1|<br>40,045||||-|40,045|
|Rentalincome||84,263|||-|-|84,263|
|Licencefee||18,000||-|-|-|18,000|
|Charitableactivities||||||||
|.PreservationoftheCastle||||||||
|andcollections|2|242,444|||-|-|242,444|
|Insuranceclaim||15,072|||||15,072|
|||399,824|||||399,824|
|Expenditureon:||||||||
|Charitableactivities||||||||
|.PreservationoftheCastle||||||||
|andcollections|3|421,836|4,970||||426,806|
|||421,836|4,970||||426,806|
|Netexpenditureandnet||||||||
|movementinfunds|4|(22,012)|(4,970)||||(26,982)|
|Reconciliationoffunds:||||||||
|Balancesbroughtforwardat1||||||||
|January2019||(1,465,356)|8,767|11,561,512|<br>7,482,717|161,272|17,748,912|
|Balancescarriedforward||||||||
|at31December2019||(1,487,368)|3,797|11,561,512|<br>7,482,717|161,272|17,721,930|





19 August 2021 



|||2020|2019|
|---|---|---|---|
||Notes|£|£|
|Cashflowsfromoperatingactivities:||||
|Netcashprovidedby(usedin)operatingactivities|A|42,898|(27,829)|
|Cashflowsfromfinancingactivities:||||
|Cashinflowsfromnewborrowing|||20,000|
|Netcashprovidedbyfinancingactivities|||20,000|
|Cashflowsfrominvestingactivities||||
|Purchasesoftangiblefixedassets||(4,767)||
|Netcashusedininvestingactivities||(4,767)||
|Changeincashandcashequivalentsintheyear||38,131|(7,829)|
|Cashandcashequivalentsat1January2020|B|9,056|16,885|
|Cashandcashequivalentsat31December2020|B|47,187|9,056|



||2020|2019|
|---|---|---|
||£|£|
|Netmovementinfunds(asperthestatementoffinancialactivities)|16,361|(26,982)|
|Adjustmentsfor:|||
|Depreciationcharge|3,713|3,301|
|Decreaseindebtors|1,680|3,021|
|Increase(decrease)increditors|21,144|(7,169)|
|Netcashprovidedby(usedin)operatingactivities|42,898|(27,829)|



## 

|Analysisofnetdebt|||||
|---|---|---|---|---|
||At1|||At31|
||January||Non-cash|December|
||2020|Cashflows|movements|2020|
||£|£|£|£|
|Cashandcashequivalents|||||
|Cashatbankandinhand|9,056|38,131|-|47,187|
||9,056|38,131||47,187|
|Borrowings|||||
|Loansduewithinoneyear|—||(220,000)|(220,000)|
|Loansdueaftermorethanoneyear|(220,000)||220,000|—|
||(220,000)|—|—|(220,000)|
|Total|(210,944)|38,131||(172,813)|





## 

## 

## 

## 



## 

## 

## 



## 

## 

## 

## 



## 

## 

## 

## 

## 

## 

## 



## 

## 

## 



## 


||Unrestricted|Restricted|Endowment|Total|
|---|---|---|---|---|
||funds|funds|funds|2020|
||£|£|£|£|
|Donations|1,347||-|1,347|
|Grants|||||
|.JapanFoundation|1,561|-|-|1,561|
|Covid-19supportgrants|||||
|.HistoricEngland|20,881|||20,881|
|.ArtsCouncilEngland|79,174||-|79,174|
|.SevenoaksDistrictCouncil|27,000|-||27,000|
|2020totalfunds|129,963|||129,963|



||Unrestricted|Restricted|Endowment|Total|
|---|---|---|---|---|
||funds|funds|funds|2020|
||£|£|£|£|
|Visitors'feesandrelatedincome|63,573|||63,573|
|Feesforloanofpartofthe|||||
|collections(seebelow)|26,712|||26,712|
|2020totalfunds|90,285|||90,285|
||Unrestricted|Restricted|Endowment|Total|
||funds|funds|funds|2019|
||£|£|£|£|
|Visitors'feesandrelatedincome|223,694|||223,694|
|Feesforloanofpartofthe|||||
|collections(seebelow)|18,750|||18,750|
|2019total funds|242,444|||242,444|



|3|PreservationoftheCastle|andcollections||||
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Endowment|Total|
|||funds|funds|funds|2020|
|||`£`|`£`|`£`|`£`|
||Staffcosts(note7)|202,526|-|-|202,526|
||Buildingmaintenanceand|||||
||refurbishment|48,154|||48,154|
||Otherpropertyexpenses|38,765|-||38,765|
||Giftshopandcafépurchases|5,560||-|5,560|
||Supportcosts(note4)|48,875|1,045|-|49,920|
||Miscellaneousexpenses|12,638||-|12,638|
||2020totalfunds|356,518|1,045||357,563|





## 

||Unrestricted|Restricted|Endowment|Total|
|---|---|---|---|---|
||funds|funds|funds|2019|
||`£`|`£`|`£`|`£`|
|Staffcosts(note7)|213,647|||213,647|
|Buildingmaintenanceand|||||
|refurbishment|11,995|3,925||15,920|
|Otherpropertyexpenses|46,787|-|-|46,787|
|Giftshopandcafepurchases|26,128|-||26,128|
|Supportcosts(note4)|101,561|1,045|-|102,606|
|Miscellaneousexpenses|21,718|||21,718|
|2019totalfunds|421,836|4,970||426,806|
|Supportcosts|||||
||Unrestricted|Restricted|Endowment|Total|
||funds|funds|funds|2020|
||£|£|£|£|
|Premises|6,327|||6,327|
|Depreciation|2,668|1,045||3,713|
|Marketing|702|||702|
|Advertisingandpublicity|19,207|||19,207|
|Professional|7,448|||7,448|
|Auditandgovernance(note5)|12,523|||12,523|
|2020totalfunds|48,875|1,045||49,920|



## 

||Unrestricted|Restricted|Endowment|Total|
|---|---|---|---|---|
||funds|funds|funds|2019|
||£|£|£|£|
|Premises|10,031|||10,031|
|Depreciation|2,256|1,045||3,301|
|Marketing|8,392|||8,392|
|Advertisingandpublicity|50,423|||50,423|
|Baddebts|7,580|||7,580|
|Professional|3,063|||3,063|
|Auditandgovernance(note5)|19,816|||19,816|
|2019totalfunds|101,561|1,045||102,606|



|Governancecosts:|||||
|---|---|---|---|---|
||Unrestricted|Restricted|Endowment|Total|
||funds|funds|funds|2020|
||£|£|£|£|
|Auditor'sremuneration|||||
|.Statutoryauditservices|9,120|||9,120|
|Accountancyfees|3,403|||3,403|
|2020totalfunds|12,523|||12,523|
||Unrestricted|Restricted|Endowment|Total|
||funds|funds|funds|2019|
||£|£|£|£|
|Auditor'sremuneration|||||
|.Statutoryauditservices|11,010|||11,010|
|Accountancyfees|8,806|||8,806|
|2019totalfunds|19,816|||19,816|





|Netexpenditureandnetmovementinfunds<br>Thisisstatedaftercharging:|||
|---|---|---|
||Total|Total|
||2020|2019|
||`£`|`£`|
|Staffcosts(note7)|202,526|213,647|
|Auditor'sremuneration|||
|.Statutoryauditservices|||
|..Currentyear|9,120|11,010|
|..Otherservices|3,403|8,806|
|Depreciation|3,713|3,301|



## 

|Costspayabletostaffandcontractworkersd|uringtheyear wereasfollows:||
|---|---|---|
||2020|2019|
||`£`|`£`|
|Wagesandsalaries|189,313|194,778|
|Socialsecuritycosts|11,086|16,611|
|Pensioncosts|2,127|2,258|
||202,526|213,647|



||2020|2019|2020|2019|
|---|---|---|---|---|
||FTE|FTE|Number|Number|
|PreservationoftheCastleandcollection|5.00|5.50|10|12|



## 



## 

## 

|9|Tangiblefixedassets||||
|---|---|---|---|---|
|||Landscaping|<br>Furniture||
|||and|and||
|||groundworks|equipment|Total|
|||£|£|£|
||Cost||||
||At1January2020|14,631|163,440|178,071|
||Additions||4,767|4,767|
||At31December2020|14,631|168,207|182,838|
||Depreciation||||
||At1January2020|12,535|156,657|169,192|
||Chargeforyear|1,045|2,668|3,713|
||At31December2020|13,580|159,325|172,905|
||Netbookvalues||||
||At31December2020|1,051|8,882|9,933|
||At31December2019|2,096|6,783|8,879|
|10|Heritageassets||||
|||Freehold|||
|||landand|||
|||buildings|Collections|Total|
|||`£`|`£`|<br>`£`|
||Costordeemedcost||||
||At1January2020andat31December2020|11,561,512|6,452,500|18,014,012|
||Atcost|17,512||17,512|
||Atdeemedcost|11,544,000|6,452,500|17,996,500|
||At31December2020|11,561,512|6,452,500|18,014,012|
||Depreciation||||
||At1January2020||||
||Chargeforyear||||
||At31December2020||||
||Netbookvalues||||
||At31December2019|11,561,512|6,452,500|18,014,012|





## 

## 

||2020|2019|
|---|---|---|
||`£`|`£`|
|Japanesearmourandswords|275,050|275,050|
|Antiquities(includingBuddhistandEgyptian)|3,930,828|3,930,828|
|Pictures,printsandfurniture|269,472|269,472|
|Japaneseceramicsandobjects|1,559,835|1,559,835|
|Portraitminiatures,memorabilia,tobaccoboxes,medals,books,lacquer,|||
|autographlettersandmanuscripts(includingJacobite)|417,315|417,315|
||6,452,500|6,452,500|



## 



## 

## 

|11|Debtors|||
|---|---|---|---|
|||2020|2019|
|||`£`|`£`|
||Tradedebtors|14,491|19,669|
||CoronavirusJobRetentionSchemegrantreceivable|3,498||
|||17,989|19,669|
|12|Creditors:amountsfallingduewithinoneyear|||
|||2020|2019|
|||`£`|`£`|
||AmountduetoChiddingstoneCastleEventsLimited|22,110|44,029|
||Taxationandsocialsecurity|3,556|3,792|
||Compensationpayabletolifetenants(note13)|1,845|1,845|
||Expenseandothercreditors|26,018|33,133|
||Accrualsanddeferredincome|70,003|19,938|
||VATpayable|4,682|2,488|
||Loanfromatrustee(note18)|220,000|-|
|||348,214|105,225|
|||2020|2019|
||Deferredincome|`£`|`£`|
||DeferredIncomeat1January2020|6,250|12,500|
||Releasedduringtheyear|(6,250)|(12,500)|
||Resourcesdeferredintheyear|55,889|6,250|
||DeferredIncomeat31December2020|55,889|6,250|
||Deferredincomeof£6,250(2019-£6,750)relatestoincome|inrelationtotheloanofEgyptian||
||ArtefactstotheHoustonMuseuminTexas,USA,whichwasinvoicedinadvanceoftheperiod|||
||towhichitpertains.Theremainingbalanceof£49,639(2019—£nil)relatestothedrawdownof|||
||depositfromthesaleofafreeholdpropertyforworkstobecarriedoutbeforecompletionofsale|||
||(note19).|||
|13|Creditors:amountsfallingdueafteroneyear|||
|||2020|2019|
|||`£`|`£`|
||Loanfromatrustee(note18)||220,000|
||Compensationpayabletolifetenants(seebelow)|2,616|4,461|
|||2,616|224,461|





## 

## 

||||At1|||Revaluation|At31|
|---|---|---|---|---|---|---|---|
||||January|||and|December|
||||2020|Income|Expenditure|<br>transfers|2020|
||||£|£|£|£|£|
||ChiddingstoneCastle|||||||
||(note9)|11,561,512||||-|11,561,512|
|||11,561,512||||-|11,561,512|
||||At1|||Revaluation|At31|
||||January|||and|December|
||||2019|Income|Expenditure|transfers|2019|
||||£|£|£|£|£|
||ChiddingstoneCastle|||||||
||(note9)|11,561,512||||-|11,561,512|
|||11,561,512||||-|11,561,512|
|15|Endowmentfunds:Collections|||||||
||||||Permanent|Reserve|Total|
||||||collection|collection|2020|
||||||`£`|`£`|`£`|
||At1January2020and31December2020||||7,482,717|161,272|7,643,989|
||At1January2019and31December||2019||7,482,717|161,272|7,643,989|
|16|Restrictedfunds|||||||
||||At1|||Revaluation|At31|
||||January|||and|December|
||||2020|Income|Expenditure|transfers|2020|
||||£|£|£|£|£|
||LandscapingandGroundworks||3,797||(1,045)||2,752|
||||At1|||Revaluation|At31|
||||January|||and|December|
||||2019|Income|Expenditure|transfers|2019|
||||£|£|£|£|£|
||LandscapingandGroundworks||4,842||(1,045)||3,797|
||SouthEastMuseum|||||||
||DevelopmentProgramme||3,925||(3,925)|||
||||8,767||(4,970)||3,797|





## 

## 

||||Freehold||||
|---|---|---|---|---|---|---|
||General|Restricted|landand|Permanent|Reserve|Total|
||funds|funds|buildings|collection|collection|2020|
||£|£|£|£|£|£|
|Fundbalancesat31|||||||
|December2020are|||||||
|representedby:|||||||
|Tangiblefixedassets|8,888|1,045|—|—|—|9,933|
|Heritageassets|—|—|11,561,512|6,291,228|161,272|18,014,012|
|Currentassets|63,469|1,707|-|-|-|65,176|
|Interfundindebtedness|(1,191,489)|-|-|1,191,489|—|—|
|Creditors:amounts|||||||
|fallingduewithinone|||||||
|year|(348,214)|||||(348,214)|
|Creditors:amounts|||||||
|fallingdueafteroneyear|(2,616)|-|-|-|-|(2,616)|
||(1,469,962)|2,752|11,561,512|7,482,717|161,272|17,738,291|



||||Endowmentfunds|Endowmentfunds|||
|---|---|---|---|---|---|---|
||||Freehold||||
||General|Restricted|landand|Permanent|Reserve|Total|
||funds|funds|buildings|collection|collection|2019|
||£|£|asrestated|£|£|£|
||||£||||
|Fundbalancesat31|||||||
|December2019are|||||||
|representedby:|||||||
|Fixedassets|6,783|2,096|—|—|—|8,879|
|Heritageassets|-|-|11,561,512|6,291,228|161,272|18,014,012|
|Currentassets|27,024|1,701|-|-|-|28,725|
|Interfundindebtedness|(1,191,489)|-|-|1,191,489|—|—|
|Creditors:amountsfalling|||||||
|duewithinoneyear|(105,225)|-|-|-|-|(105,225)|
|Creditors:amountsfalling|||||||
|dueafteroneyear|(224,461)||-|-|-|(224,461)|
||(1,487,368)|3,797|11,561,512|7,482,717|161,272|17,721,930|



## 



## 

##