2022-12-31-accounts

Reports
Referenceandadministrativeinformation	1
Trustees'report	2
Independentauditor'sreport	7
Accounts
Statementoffinancialactivities	14
Balancesheet	16
Statementofcashflows	17
Principalaccountingpolicies	18
Notestotheaccounts	23

Corporatetrustee	BowerBequestTrusteeCompanyLimited
Directorsofthecorporatetrustee(trustees)	MargaretCooke
	GrahamDixon
	RichardGilbert(appointed12December2022)
	RuthGoldman
	MarkHinton
	JuliaHutt
	NancyLovegrove
	AnnabelNarayanan
	RachelYates
EstateManagerandCompanySecretary	MikeGlossop
FinanceandOperationsManager	ClareProctor
Principaloffice	ChiddingstoneCastle
	HillHoathRoad
	Chiddingstone
	Edenbridge
	Kent
	TN87AD
Charityregistrationnumber	291203
Auditor	BuzzacottLLP
	130WoodStreet
	London
	EC2V6DL
Principalbankers	NationalWestminsterBankplc
	89MountPleasantRoad
	TunbridgeWells
	Kent
	TN11QJ

howereinofficeduringtheyear reasfollows:	and/oratthedateonwhichtheseaccount
Trustee	Appointed/resigned
PaulAllen	Resigned13February2023
MargaretCooke
GrahamDixon
RichardGilbert	Appointed12December2022
RuthGoldman
MarkHinton
JuliaHutt
NancyLovegrove
AnnabelNarayanan
RogerPerkin	Resigned12September2022
RachelYates

eniorexecutives
Name	Position
MikeGlossop	EstateManager(andCompanySecretary)
ClareProctor	FinanceandOperationsManager

Date: 12 September 2023

				Endowmentfunds	Endowmentfunds	Endowmentfunds
				Freehold
		General	Restricted	landand	Permanent	Reserve	Total	Total
		funds	funds	buildings	collection	collection	2022	2021
		£	£	£	£	£	£	£
Incomefrom:
Grantsanddonations	1	33,808	10,789	-	-	-	44,597	110,427
Othertradingactivities
.Rentalincome	2	89,040	-	-	-	-	89,040	90,240
.Licencefee		9,000	—	—	—	—	9,000	9,000
Charitableactivities
.PreservationoftheCastle
andcollections	2	278,282	-				278,282	195,389
Othersources
.CoronavirusJobRetention
Schemefunding			—	—			—	29,714
.Interestincome								861
.Gainondisposaloflandand
buildings		-	-				-	375,445
.Insuranceincome		1,470	-		-		1,470	-
		411,600	10,789				422,389	811,076
Expenditureon:
Charitableactivities
.PreservationoftheCastle
andcollections	3	373,981	10,789				384,770	388,036
		373,981	10,789				384,770	388,036
Netincomeandnetmovement
infunds	6	37,619					37,619	423,040
Reconciliationoffunds:
Balancesbroughtforwardat1
January2022		(880,871)	1,701	11,396,512	7,482,717	161,272	18,161,331	17,738,291
Balancescarriedforward
at31December2022		(843,252)	1,701	11,396,512	7,482,717	161,272	18,198,950	18,161,331

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

		2022	2022	2021	2021
	Notes	£	£	£	£
Fixedassets
Tangibleassets	9		3,088		6,240
Heritageassets	10		17,849,012		17,849,012
			17,852,100		17,855,252
Currentassets
Debtors	11	176,151		94,885
Cashatbankandinhand		213,860		249,967
		390,011		344,852
Creditors:amountsfallingdue
withinoneyear	12	(43,161)		(38,002)
Netcurrentliabilities			346,850		306,850
Total assetslesscurrent
liabilities			18,198,950		18,162,102
Creditors:amountsfallingdue
afteroneyear	13				(771)
Totalnetassets			18,198,950		18,161,331
Thefundsofthecharity:
Capitalfunds:
Permanentendowmentfunds
.Freehold landandbuildings	14		11,396,512		11,396,512
.Permanentcollection	15		7,482,717		7,482,717
Expendableendowmentfunds
.Reservecollection	15		161,272		161,272
Incomefunds:
Unrestrictedfunds			(843,252)		(880,871)
Restrictedfunds	16		1,701		1,701
			18,198,950		18,161,331

		2022	2021
	Notes	£	£
Cashflowsfromoperatingactivities:
Netcashusedinoperatingactivities	A	(36,107)	(117,996)
Cashflowsfromfinancingactivities:
Repaymentofloan			(220,000)
Netcashusedinfinancingactivities		(36,107)	(220,000)
Cashflowsfrominvestingactivities
Interestreceived			861
Purchasesoftangiblefixedassets			(530)
Proceedsfromthedisposaloftangiblefixedassets			540,445
Netcashprovidedby(usedin)investingactivities			540,776
Changeincashandcashequivalentsintheyear		(36,107)	202,780
Cashandcashequivalentsat1January2022	B	249,967	47,187
Cashandcashequivalentsat31December2022	B	213,860	249,967

	2022	2021
	£	£
Netmovementinfunds(asperthestatementoffinancialactivities)	37,619	423,040
Adjustmentsfor:
Depreciationcharge	3,152	4,223
Interestreceivable		(861)
Surplusondisposaloftangiblefixedassets		(375,445)
Increaseindebtors	(81,266)	(76,896)
Increase(decrease)increditors	4,388	(92,057)
Netcashusedinoperatingactivities	(36,107)	(117,996)

Analysisofnetdebt
	At1			At31
	January		Non-cash	December
	2022	Cashflows	movements	2022
	£	£
Cashandcashequivalents
Cashatbankandinhand	249,967	(36,109)		213,858
	249,967	(36,109)		213,858
Borrowings
	249,967	(36,109)		213,858

	Unrestricted	Restricted	Endowment	Total
	funds	funds	funds	2022
	£	£	£	£
Donations	33,808	-	-	33,808
Grants
.AIMfunding	—	1,774		1,774
.Leaderfunding	—	891	-	891
.ArtsCouncilEngland	—	7,531	-	7,531
.SEMDFunding	—	593	-	593
2022totalfunds	33,808	10,789		44,597
	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	2022
	£	£	£	£
Visitors'feesandrelatedincome	253,282			253,282
Feesforloanofpartofthecollections
(seebelow)	25,000			25,000
2022totalfunds	278,282			278,282
	Unrestricted	Restricted	Endowment	Total
	funds	funds	funds	2021
	£	£	£	£
Visitors'feesandrelatedincome	170,389	-	-	170,389
Feesforloanofpartofthecollections
(seebelow)	25,000			25,000
2021totalfunds	195,389			195,389

Expenditureoncharitableact	ivities:Preservat	ionoftheCas	tleandcollectio	ns
	Unrestricted	Restricted	Endowment	Total
	funds	funds	funds	2022
	£	£	£	£
Staffcosts(note7)	178,600	-		178,600
Buildingmaintenanceand
refurbishment	11,266	-	-	11,266
Otherpropertyexpenses	52,207	10,789		62,996
Giftshopandcafépurchases	27,099	-	-	27,099
Supportcosts(note4)	80,766	-	-	81,191
Miscellaneousexpenses	24,043	-		24,043
2022totalfunds	373,981	10,789	-	384,770
	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

Supportcosts
	Unrestricted	Restricted	Endowment	Total
	funds	funds	funds	2022
	£	£	£	£
Premises	7,157	-		7,157
Depreciation	3,152	-		3,152
Marketing	11,951	-	-	11,951
Advertisingandpublicity	35,725	-		35,725
Professional	7,027	-		7,027
Governancecosts(note5)	15,754	-		15,754
2022totalfunds	80,766	-	-	80,766

	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

Governancecosts
	Unrestricted	Restricted	Endowment	Total
	funds	funds	funds	2022
	£	£	£	£
Auditor'sremuneration
.Statutoryauditservices	9,450	-	-	9,450
Accountancyfees	6,304	-	-	6,304
2022totalfunds	15,754			15,754
	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

Netincome(expenditure) Thisisstatedaftercharging:
	Total	Total
	2022	2021
	£	£
Staffcosts(note7)	178,600	183,264
Auditor'sremuneration
.Statutoryauditservices	9,450	9,390
.Otherservices	6,304	6,304
Depreciation	3,152	4,223

	2022	2021
	£	£
Wagesandsalaries	166,474	167,741
Socialsecuritycosts	9,876	13,597
Pensioncosts	2,250	1,926
	178,600	183,264

	2022	2021	2022	2021
	FTE	FTE	Number	Number
PreservationoftheCastleandcollection	4	5.1	10	10

Tangiblefixedassets
	Landscaping	Furniture
	and	and
	groundworks	equipment	Total
	£	£	£
Cost
At1January2022andat31December2022	14,631	168,737	183,368
Depreciation
At1January2022	14,631	162,497	177,128
Chargeforyear		3,152	3,152
At31December2022	14,631	165,649	180,280
Netbookvalues
At31December2022		3,088	3,088
At31December2021		6,240	6,240

		Freehold
		landand
		buildings	Collections	Total
		£	£	£
At	cost	17,512		17,512
At	deemedcost	11,379,000	6,452,500	17,831,500
At	1January2022andat31December2022	11,396,512	6,452,500	17,849,012

	2022	2021
	£	£
Japanesearmourandswords	275,050	275,050
Antiquities(includingBuddhistandEgyptian)	3,930,828	3,930,828
Pictures,printsandfurniture	69,472	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
	2022	2021
	£	£
Tradedebtors	18,075	12,837
AmountduefromChiddingstoneCastleEventsLimited	158,076	82,048
	176,151	94,885
Creditors:amountsfallingduewithinoneyear
	2022	2021
	£	£
Taxationandsocialsecurity	6,351	3,170
Compensationpayabletolifetenants(note13)	771	1,845
Expenseandothercreditors	4,720	8,553
Accrualsanddeferredincome	28,318	24,404
VATpayable	3,001	30
	43,161	38,002
Deferredincome(includedwithinaccrualsanddeferredincome	2022	2022
above:)	£	£
DeferredIncomeat1January2022	6,250	55,889
Releasedduringtheyear	(6,250)	(55,889)
Resourcesdeferredintheyear	6,250	6,250
DeferredIncomeat31December2022	6,250	6,250

Creditors:amountsfallingdueafteroneyear
	2022	2021
	£	£
Compensationpayabletolifetenants(seebelow)		771
		771

		At1			Revaluation	At31
		January			and	December
		2022	Income	Expenditure	transfers	2022
		£	£	£	£	£
ChiddingstoneCastle(note	10)	11,396,512		-	-	11,396,512
		11,396,512	-	-	-	11,396,512
		At1			Revaluation	At31
		January			and	December
		2021	Income	Expenditure	transfers	2021
		£	£	£	£	£
ChiddingstoneCastle(note	10)	11,561,512		-	(165,000)	11,396,512
		11,561,512		-	(165,000)	11,396,512

			Permanent	Reserve	Total
			collection	collection	2022
			£	£	£
At	1	January2021and31December2022	7,482,717	161,272	7,643,989
At	1	January2020and31December2021	7,482,717	161,272	7,643,989

Restrictedfunds
	At1			Revaluation	At31
	January			and	December
	2022	Income	Expenditure	transfers	2022
	£	£	£	£	£
LandscapingandGroundworks	1,701	10,789	(10,789)		1,701
	At1			Revaluation	At31
	January			and	December
	2021	Income	Expenditure	transfers	2021
	£	£	£	£	£
LandscapingandGroundworks	2,752		(1,051)	-	1,701

			Endowmentfunds	Endowmentfunds
			Freehold	Permanen
	General	Restricted	landand	t	Reserve	Total
	funds	funds	buildings	collection	collection	2022
	£	£	£	£	£	£
Fundbalancesat31December2022
arerepresentedby:
Tangiblefixedassets	3,088	-	-	-	-	3,088
Heritageassets	—	—	11,396,512	6,291,228	161,272	17,849,012
Currentassets	388,310	1,701	-	-	-	390,011
Interfundindebtedness	(1,191,489)	-	-	1,191,489	—	—
Creditors:amountsfallingduewithin
oneyear	(43,161)	-	-	-	-	(43,161)
	(843,252)	1,701	11,396,512	7,482,717	161,272	18,198,950

			Endowmentfunds	Endowmentfunds
			Freehold
	General	Restricted	landand	Permanent	Reserve	Total
	funds £	funds £	buildings £	collection £	collection £	2021 £
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