|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<br>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|
|||`£`|<br>`£`|<br>`£`|<br>`£`|`£`|<br>`£`|
|Incomefrom:||||||||
|Grantsanddonations|1|<br>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|
||`£`|<br>`£`|||
|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)<br>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|
|||`£`|`£`|<br>`£`|
|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|<br>transfers|2022|
|||£|£|£|<br>£|£|
|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|<br>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<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|



##