|Reports||
|---|---|
|Referenceandadministrativeinformation|1|
|Trustees'report|2|
|Independentauditor'sreport|8|
|Accounts||
|Statementoffinancialactivities|13|
|Balancesheet|15|
|Statementofcashflows|16|
|Principalaccountingpolicies|17|
|Notestotheaccounts|22|





|Corporatetrustee|BowerBequestTrusteeCompanyLimited|
|---|---|
|Directorsofthecorporatetrustee(trustees)|PaulAllen|
||MargaretCooke|
||GrahamDixon(appointed13December2021)|
||RichardDon(resigned24May2021)|
||RuthGoldman(appointed2August2021)|
||MarkHinton|
||JuliaHutt|
||NancyLovegrove|
||AnnabelNarayanan(appointed2August2021)|
||RogerPerkin|
||MarkStreatfeild(resigned11October2021)|
||RachelYates(appointed13December2021)|
|EstateManagerandCompany Secretary|MikeGlossop|
|FinanceOfficerandMarketingCo-ordinator|ClareProctor|
|Principaloffice|ChiddingstoneCastle|
||HillHoathRoad|
||Chiddingstone|
||Edenbridge|
||Kent|
||TN87AD|
|Charityregistrationnumber|291203|
|Auditor|BuzzacottLLP|
||130WoodStreet|
||London|
||EC2V6DL|
|Principalbankers|NationalWestminsterBankplc|
||89MountPleasantRoad|
||TunbridgeWells|
||Kent|
||TN11QJ|





## 

## 



## 

## 

## 




## 

## 

## 



## 

## 

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



## 

## 



## 

## 

## 

## 



## 

## 

## 

## 



## 

## 

## 

## 

## 



## 

## 



## 



|||||Endowmentfunds|Endowmentfunds|Endowmentfunds|||
|---|---|---|---|---|---|---|---|---|
|||||Freehold|||||
|||General|Restricted|landand|Permanent|Reserve|Total|Total|
|||funds|funds|buildings|collection|collection|2021|2020|
|||£|£|£|£|£|£|£|
|Incomefrom:|||||||||
|Grantsanddonations|1|<br>110,427||-|-||110,427|129,963|
|Othertradingactivities|||||||||
|.Rentalincome||90,240|—||—|—|90,240|83,215|
|.Licencefee||9,000||—|—||9,000|9,000|
|Charitableactivities|||||||||
|.PreservationoftheCastle|||||||||
|andcollections|2|195,389|-|-|-|-|195,389|90,285|
|Othersources|||||||||
|.CoronavirusJobRetention|||||||||
|Schemefunding||29,714|-|-|-||29,714|61,461|
|.Interestincome||861|-|-||-|861|—|
|.Gainondisposaloflandand|||||||||
|buildings||375,445|-|-|-||375,445||
|||811,076||-|-||811,076|373,924|
|Expenditureon:|||||||||
|Charitableactivities|||||||||
|.PreservationoftheCastle|||||||||
|andcollections|3|386,985|1,051||||388,036|357,563|
|||386,985|1,051||||388,036|357,563|
|Netincome(expenditure)|6|424,091|(1,051)||||423,040|16,361|
|Transferbetweenfunds|14|165,000|-|(165,000)|||||
|Netmovementinfunds||589,091|(1,051)|(165,000)|||423,040|16,361|
|Reconciliationoffunds:|||||||||
|Balancesbroughtforwardat1|||||||||
|January2021||(1,469,962)|2,752|11,561,512|7,482,717|161,272|17,738,291|17,721,930|
|Balancescarriedforward|||||||||
|at31December2021||(880,871)|1,701|11,396,512|7,482,717|161,272|18,161,331|17,738,291|





|||||Endowmentfunds|Endowmentfunds|Endowmentfunds||
|---|---|---|---|---|---|---|---|
|||||Freehold||||
|||General|Restricted|landand|Permanent|Reserve|Total|
|||funds|funds|buildings|collection|collection|2020|
|||£|£|£|£|£|£|
|Incomefrom:||||||||
|Grantsanddonations|1|<br>129,963|||||129,963|
|Othertradingactivities||||||||
|.Rentalincome||83,215|||||83,215|
|.Licencefee||9,000|||||9,000|
|Charitableactivities||||||||
|PreservationoftheCastle||||||||
|andcollections|2|90,285|||||90,285|
|Othersources||||||||
|.CoronavirusJobRetention||||||||
|Schemefunding||61,461|||||61,461|
|||373,924|||||373,924|
|Expenditureon:||||||||
|Charitableactivities||||||||
|.PreservationoftheCastle||||||||
|andcollections|3|356,518|1,045||||357,563|
|||356,518|1,045||||357,563|
|Netincome(expenditure)andnet||||||||
|movementinfunds|6|17,406|(1,045)||||16,361|
|Reconciliationoffunds:||||||||
|Balancesbroughtforwardat1January||||||||
|2020||(1,487,368)|3,797|11,561,512|7,482,717|161,272|17,721,930|
|Balancescarriedforward||||||||
|at31December2020||(1,469,962)|2,752|11,561,512|7,482,717|161,272|17,738,291|





|||2021|2021|2020|2020|
|---|---|---|---|---|---|
||Notes|£|£|£|£|
|Fixedassets||||||
|Tangibleassets|9||6,240||9,933|
|Heritageassets|10||17,849,012||18,014,012|
||||17,855,252||18,023,945|
|Currentassets||||||
|Debtors|11|94,885||17,989||
|Cashatbankandinhand||249,967||47,187||
|||344,852||65,176||
|Creditors:amountsfallingdue||||||
|withinoneyear|12|(38,002)||(348,214)||
|Netcurrentliabilities|||306,850||(283,038)|
|Totalassetslesscurrent||||||
|liabilities|||18,162,102||17,740,907|
|Creditors:amountsfallingdue||||||
|afteroneyear|13||(771)||(2,616)|
|Totalnetassets|||18,161,331||17,738,291|
|Thefundsofthecharity:||||||
|Capitalfunds:||||||
|Permanentendowmentfunds||||||
|.Freeholdlandandbuildings|14||11,396,512||11,561,512|
|.Permanentcollection|15||7,482,717||7,482,717|
|Expendableendowmentfunds||||||
|.Reservecollection|15||161,272||161,272|
|Incomefunds:||||||
|Unrestrictedfunds|||(880,871)||(1,469,962)|
|Restrictedfunds|16||1,701||2,752|
||||18,161,331||17,738,291|





## 

|||2021|2020|
|---|---|---|---|
||Notes|£|£|
|Cashflowsfromoperatingactivities:||||
|Netcash(usedin)providedbyoperatingactivities|A|(117,996)|42,898|
|Cashflowsfromfinancingactivities:||||
|Repaymentofloan||(220,000)|—|
|Netcashusedinfinancingactivities||(220,000)||
|Cashflowsfrominvestingactivities||||
|Interestreceived||861||
|Purchasesoftangiblefixedassets||(530)|(4,767)|
|Proceedsfromthedisposaloftangiblefixedassets||540,445|—|
|Netcashprovidedby(usedin)investingactivities||540,776|(4,767)|
|Changeincashandcashequivalentsintheyear||202,780|38,131|
|Cashandcashequivalentsat1January2021|B|47,187|9,056|
|Cashandcashequivalentsat31December2021|B|249,967|47,187|



|||||2021|2020|
|---|---|---|---|---|---|
|||||£|£|
|Netmovementinfunds(asperthestatementoffinancialactivities)||||423,040|16,361|
|Adjustmentsfor:||||||
|Depreciationcharge||||4,223|3,713|
|Interestreceivable||||(861)|—|
|Surplusondisposaloftangiblefixedassets||||(375,445)|—|
|Increaseindebtors||||(76,896)|1,680|
|Decrease(Increase)increditors||||(92,057)|21,144|
|Netcash(usedin)providedbyoperating|activities|||(117,996)|42,898|
|Analysisofnetdebt||||||
||At|1|||At31|
||January|||Non-cash|December|
||2021||Cashflows|movements|2021|
|||£|£|£|£|
|Cashandcashequivalents||||||
|Cashatbankandinhand|47,187||202,780|-|249,967|
||47,187||202,780|-|249,967|
|Borrowings||||||
|Loansduewithinoneyear|(220,000)||220,000|||
||(220,000)||220,000|||
||||||249,967|
|Total|(172,813)||422,780|-|249,968|



## 



## 

## 

## 



## 

## 

## 



## 

## 

## 



## 

## 

## 

## 

## 

## 

## 



## 

## 



## 

## 



## 

## 

||Unrestricted|Restricted|Endowment|Total|
|---|---|---|---|---|
||funds|funds|funds|2021|
||£|£|£|£|
|Donations|44,890|-|-|44,890|
|Grants|||||
|.Leaderfunding|13,099|-||13,099|
|.TheLecheTrust|2,220|-|-|2,220|
|.SasakawaFoundation|1,040||—|1,040|
|Covid-19supportgrants|||||
|.ArtsCouncilEngland|22,606|—|—|22,606|
|.SevenoaksDistrictCouncil|26,572||-|26,572|
|2021totalfunds|110,427|||110,427|
||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|2021|
||£|£|£|£|
|Visitors'feesandrelatedincome|170,389|||170,389|
|Feesforloanofpartofthe|||||
|collections(seebelow)|25,000|||25,000|
|2021totalfunds|195,389|||195,389|
||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|





## 

|Expenditureoncharitableact|ivities:Preserva|tionoftheCa|stleandcollecti|ons|
|---|---|---|---|---|
||Unrestricted|Restricted|Endowment|Total|
||funds|funds|funds|2021|
||£|£|£|£|
|Staffcosts(note7)|183,264|-|-|183,264|
|Buildingmaintenanceand|||||
|refurbishment|48,943|-|-|48,943|
|Otherpropertyexpenses|56,015|-|-|56,015|
|Giftshopandcafépurchases|16,452|-|-|16,452|
|Supportcosts(note4)|57,052|1,051||58,103|
|Miscellaneousexpenses|25,259|-|-|25,259|
|2021totalfunds|386,985|1,051||388,036|
||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|



## 

|upportcosts|||||
|---|---|---|---|---|
||Unrestricted|Restricted|Endowment|Total|
||funds|funds|funds|2021|
||£|£|£|£|
|Premises|7,258|-|-|7,258|
|Depreciation|3,172|1,051|—|4,223|
|Marketing|5,586|-|-|5,586|
|Advertisingandpublicity|22,711|-|-|22,711|
|Professional|2,404|-|-|2,404|
|Governancecosts(note5)|15,921|-||15,921|
|2021totalfunds|57,052|1,051|-|58,103|



||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|
|Governancecosts(note5)|12,523|-||12,523|
|2020totalfunds|48,875|1,045||49,920|





## 

|5|Governancecosts|||||
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Endowment|Total|
|||funds|funds|funds|2021|
|||£|£|£|£|
||Auditor'sremuneration|||||
||.Statutoryauditservices|9,390|||9,390|
||Accountancyfees|6,531|||6,531|
||2021totalfunds|15,921|||15,921|
|||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|
|6|Netincome(expenditure)|||||
||Thisisstatedaftercharging:|||||
|||||Total|Total|
|||||2021|2020|
|||||`£`|`£`|
||Staffcosts(note7)|||183,264|202,526|
||Auditor'sremuneration|||||
||.Statutoryauditservices|||9,390|9,120|
||.Otherservices|||6,531|3,403|
||Depreciation|||4,223|3,713|



## 

|Costspayabletostaffandcontractworkers|duringtheyearw|ereasfo|llows:||
|---|---|---|---|---|
||||2021|2020|
||||`£`|<br>`£`|
|Wagesandsalaries|||167,741|189,313|
|Socialsecuritycosts|||13,597|11,086|
|Pensioncosts|||1,926|2,127|
||||183,264|202,526|
|Theaveragenumberofemployeesduringtheyear,analysed||byfunction,wasas||follows:|
||2021|2020|2021|2020|
||FTE|FTE|Number|Number|
|PreservationoftheCastleandcollection|5.1|5.0|10|10|





## 

## 

|Tangiblefixedassets||||
|---|---|---|---|
||Landscaping|Furniture||
||and|and||
||groundworks|equipment|Total|
||£|£|£|
|Cost||||
|At1January2021|14,631|168,207|182,838|
|Additions|-|530|530|
|At31December2021|14,631|168,737|183,368|
|Depreciation||||
|At1January2021|13,580|159,325|172,905|
|Chargeforyear|1,051|3,172|4,223|
|At31December2021|14,631|162,497|177,128|
|Netbookvalues||||
|At31December2021||6,240|6,240|
|At31December2020|1,051|8,882|9,933|



## 

|Heritageassets||||
|---|---|---|---|
||Freehold|||
||landand|||
||buildings|Collections|Total|
||£|£|£|
|Costordeemedcost||||
|At1January2021|11,561,512|6,452,500|18,014,012|
|Disposals|(165,000)|-|(165,000)|
|At31December2021|11,396,512|6,452,500|17,849,012|
|Atcost|17,512|-|17,512|
|Atdeemedcost|11,379,000|6,452,500|17,831,500|
|At31December2021|11,396,512|6,452,500|17,849,012|
|Depreciation||||
|At1January2021|||—|
|Chargeforyear|—||—|
|At31December2021|—|||
|Netbookvalues||||
|At31December2021|11,396,512|6,452,500|17,849,012|
|At31December2020|11,561,512|6,452,500|18,014,012|





## 

## 

|havebeenavailableforpublicviewingatthecastlesinceMarch200<br>summarisedasfollows:|9.Thecollect|ionsmaybe|
|---|---|---|
||2021|2020|
||`£`|`£`|
|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|





## 

## 

## 

## 

|Debtors|||
|---|---|---|
||2021|2020|
||£|£|
|Tradedebtors|12,837|14,491|
|CoronavirusJobRetentionSchemegrantreceivable|—|3,498|
|AmountduefromChiddingstoneCastleEventsLimited|82,048||
||94,885|17,989|
|Creditors:amountsfallingduewithinoneyear|||
||2021|2020|
||£|£|
|AmountduetoChiddingstoneCastleEventsLimited|—|22,110|
|Taxationandsocialsecurity|3,170|3,556|
|Compensationpayabletolifetenants(note13)|1,845|1,845|
|Expenseandothercreditors|8,553|26,018|
|Accrualsanddeferredincome|24,404|70,003|
|VATpayable|30|4,682|
|Loanfromatrustee(note18)|-|220,000|
||38,002|348,214|
|Deferredincome(includedwithinaccrualsanddeferredincome|2021|2020|
|above:)|£|£|
|DeferredIncomeat1January2021|55,889|6,250|
|Releasedduringtheyear|(55,889)|(6,250)|
|Resourcesdeferredintheyear|6,250|55,889|
|DeferredIncomeat31December2021|6,250|55,889|



## 



## 

## 

## 

|||||2021|2020|
|---|---|---|---|---|---|
|||||`£`|`£`|
|Compensationpayabletolifetenants(seebelow)||||771|2,616|
|||||771|2,616|
|In2013,thetrusteesagreedtomakeacompensationpaymentof£30,000totwoindividualsin||||||
|returnforthemrelinquishingtheirlifetimeright|tooccupy'theLodge',|||apropertysituatedinthe||
|groundsoftheCastle.Thecompensationispayable||overatenyearperiodandwaspaidatrate||||
|of£350amonthforthefirst60monthscommencing||June2013andthereafteratarateof£150||||
|permonthfortheremaining60months,increasing||inlinewithinflation.Paymentsdueinthe||||
|yearto31December2022totalling£1,845(2021-||£1,845)havebeenclassified|||ascreditors:|
|amountsduewithinoneyear(note12).||||||
|Endowmentfunds:Freeholdlandandbuildings||||||
|At1||||Revaluation|At31|
|January||||and|December|
|2021|Income||Expenditure|transfers|2021|
|£||£|£|£|£|
|ChiddingstoneCastle(note10)<br>11,561,512||-|-|(165,000)|11,396,512|
|11,561,512||||(165,000)|11,396,512|
|At1||||Revaluation|At31|
|January||||and|December|
|2020|Income||Expenditure|transfers|2020|
|£||£|£|£|£|
|ChiddingstoneCastle(note10)<br>11,561,512|||||11,561,512|
|11,561,512||||-|11,561,512|



## 



## 

|15|Endowmentfunds:Collections||||||
|---|---|---|---|---|---|---|
|||||Permanent|Reserve|Total|
|||||collection|collection|2021|
|||||£|£|£|
||At1January2021and31December2021|||7,482,717|161,272|7,643,989|
||At1January2020and31December|2020||7,482,717|161,272|7,643,989|
|16|Restrictedfunds||||||
|||At1|||Revaluation|At31|
|||January|||and|December|
|||2021|Income|Expenditure|transfers|2021|
|||£|£|£|£|£|
||LandscapingandGroundworks|2,752||(1.051)||1,701|
|||At1|||Revaluation|At31|
|||January|||and|December|
|||2020|Income|Expenditure|transfers|2020|
|||£|£|£|£|£|
||LandscapingandGroundworks|3,797||(1,045)||2,752|



## 

||||Endowmentfunds|Endowmentfunds|||
|---|---|---|---|---|---|---|
||||Freehold||||
||General|Restricted|landand|Permanent|Reserve|Total|
||funds<br>£|funds<br>£|buildings<br>£|collection<br>£|collection<br>£|2021<br>£|
|Fundbalancesat31December2021|||||||
|arerepresentedby:|||||||
|Tangiblefixedassets|6,240|—||||6,240|
|Heritageassets|—|—|11,396,512|6,291,228|161,272|17,849,012|
|Currentassets|343,151|1,701|-|-|-|344,852|
|Interfundindebtedness|(1,191,489)|-|-|1,191,489|—|—|
|Creditors:amountsfallingduewithin|||||||
|oneyear|(38,002)|—|—|—|—|(38,002)|
|Creditors:amountsfallingdueafter|||||||
|oneyear|(771)|-|-|-|-|(771)|
||(880,871)|1,701|11,396,512|7,482,717|161,272|18,161,331|





## 

||||Endowmentfunds|Endowmentfunds|||
|---|---|---|---|---|---|---|
||||Freehold||||
||||landand||||
||General|Restricted|buildings|Permanent|Reserve|Total|
||funds|funds|asrestated|collection|collection|2020|
||£|£|£|£|£|£|
|Fundbalancesat31|||||||
|December2020are|||||||
|representedby:|||||||
|Fixedassets|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:amountsfalling|||||||
|duewithinoneyear|(348,214)|-|||-|(348,214)|
|Creditors:amountsfalling|||||||
|dueafteroneyear|(2,616)|-|-|-|-|(2,616)|
||(1,469,962)|2,752|11,561,512|7,482,717|161,272|17,738,291|



## 

##