| Page | |||
|---|---|---|---|
| Reference and administrative | details ofthe charity, its trustee and advisers | ||
| Trustee's report | 2- 6 | ||
| Independent auditors' |
report | 7-9 | |
| Statement offinancial | activities | 10 | |
| Balance sheet | |||
| Notes to the financial | statements | 12 - 23 |
| The Trustee | of the charity at 31 January 2022, which | of the charity at 31 January 2022, which | of the charity at 31 January 2022, which | of the charity at 31 January 2022, which | has been | the sole Trustee for the whole | the sole Trustee for the whole | the sole Trustee for the whole | the sole Trustee for the whole | year ended on |
|---|---|---|---|---|---|---|---|---|---|---|
| that date and since the year-end, was The Bath |
Presenration | Trust Limited | (charity number |
203048). The | ||||||
| directors of Trustees |
The Bath Preservation Trust Limited during the year Thomas Sheppard, Chair "' |
and | since the | year end were: | ||||||
| Diane Aderyn As r |
||||||||||
| Douglas Creed (co-opted Robert Dunton '' Julie Finch"" David Hall" Peta Hall "' Bruce Haines 4" Robert Hellard (resigned Colin Johnston' Tom Marshall '"' |
15July 2021, elected 19October 2021) t 19October 2022) ' |
|||||||||
| Simon Morray-Jones' Victoria Thornton ''v' |
||||||||||
| denotes members | of | the | Advocacy and | Campaigns | Committee | |||||
| denotes members | of | the | Architecture, | Planning | and Place Committee | |||||
| denotes members | of | the | Beckford | Tower Trust Advisory Committee | ||||||
| denotes members | of | the | Finance | Committee | ||||||
| denotes members | of | the | Museums | and | Education | Committee | ||||
| denotes members | of | the | Herschel | Museum Advisory Committee |
||||||
| denotes members | of | the | Recruitment Committee |
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| Charity registered | ||||||||||
| number | 298295 | |||||||||
| Registered | office | 1 Royai Crescent | ||||||||
| Bath | ||||||||||
| BA1 2LR | ||||||||||
| Independent | auditors | Bishop Fleming LLP |
||||||||
| Chartered Accountants |
||||||||||
| 10Temple Back | ||||||||||
| Bristol | ||||||||||
| BS1 6FL | ||||||||||
| Bankers | CAF Bank Limited | |||||||||
| 25 Kings Hill Avenue | ||||||||||
| West Mailing | ||||||||||
| Kent | ||||||||||
| ME194JQ | ||||||||||
| Solicitors | Stone King | |||||||||
| 13Queen Square | ||||||||||
| Bath | ||||||||||
| BA1 2HJ |
| Unrestricted | Restricted | Endowment | Total | ||||
|---|---|---|---|---|---|---|---|
| funds | funds | funds | Total funds | funds | |||
| 2022 | 2022 | 2022 | 2022 | 2021 | |||
| Note | E | E | E | E | E | ||
| INCOME AND ENDOWMENTS | FROM: | ||||||
| Donations, legacies and grants |
45,859 | 53,862 | 99,721 | 46,089 | |||
| Charitable activities |
31,569 | 31,569 | 11,816 | ||||
| Other trading activities | 3,357 | 3,357 | 938 | ||||
| Investments | 22,584 | 22,584 | 21,724 | ||||
| TOTALINCOME | 103,369 | 53,862 | - | 157,231 | 80,567 | ||
| EXPENDITURE ON: | |||||||
| Raising funds | 7 | 8,852 | 8,852 | 5,036 | |||
| Charitable activities |
6 | 39,031 | 27,384 | 66,415 | 65,246 | ||
| TOTAL EXPENDITURE | 47,883 | 27,384 | 75,267 | 70,282 | |||
| NET INCOME BEFORE | |||||||
| INVESTMENT GAINS | 55,486 | 26,478 | 81,964 | 10,285 | |||
| Net gains/(losses) on investments |
12 | 6,246 | 6,246 | (15,537) | |||
| NET INCOME/(EXPENDITURE) | |||||||
| BEFORE OTHER RECOGNISED | |||||||
| GAINS AND LOSSES | 61,732 | 26,478 | - | 88,210 | (5,252) | ||
| NET MOVEMENT IN FUNDS | 61,732 | 26,478 | 88,210 | (5,252) | |||
| RECONCILIATION OF FUNDS: |
|||||||
| Total funds brought forward |
171,354 | 40,726 | 212,080 | 217,332 | |||
| TOTAL FUNDS CARRIED FORWARD | 233,086 | 67,204 | 300,290 | 212,080 |
| 2. | INCOME | FR | O | M | DON | A | TIONS, LEGAC |
IES AND GRANTS | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | Total | Total | |||||||||
| funds | funds | funds | funds | funds | |||||||||
| 2022 | 2022 | 2022 | 2022 | 2021 | |||||||||
| E | f | 6 | E | E | |||||||||
| Legacies | 15,000 | 15,000 | |||||||||||
| Donations | 696 | 696 | 2,550 | ||||||||||
| Grants | 2,000 | 38,060 | 40,060 | 12,535 | |||||||||
| Grants | - | coronavirus | related | 28,163 | 15,802 | 43,965 | 31,004 | ||||||
| 45,859 | 53,862 | 99,721 | 46,089 | ||||||||||
| Total2021 | 26,087 | 20,002 | 46,089 | ||||||||||
| INCOME | FROM | CHARITABLE ACTIVITIES | |||||||||||
| Unrestricted | Restricted | Endowment | Total | Total | |||||||||
| funds | funds | funds | funds | funds | |||||||||
| 2022 | 2022 | 2022 | 2022 | 2021 | |||||||||
| E | E | 6 | E | ||||||||||
| Museum | admissions | income | 30,614 | 30,614 | 8,753 | ||||||||
| Other museum | income | 955 | 955 | 3,063 | |||||||||
| 31,569 | 31,569 | 11,816 | |||||||||||
| Total 2021 | 11,816 | 11,816 | |||||||||||
| 4. | OTHER | TRADING ACTIVITIES | |||||||||||
| Unrestricted | Restricted | Endowment | Tote( | Total | |||||||||
| funds | funds | funds | funds | funds | |||||||||
| 2022 | 2022 | 2022 | 2022 | 2021 | |||||||||
| E | f | E | E | ||||||||||
| Shop income | 3,357 | 3,357 | 938 | ||||||||||
| Total2021 | 938 | 938 | |||||||||||
| 5. | INVESTMENT | INCOME | |||||||||||
| Unrestricted | Restricted | Endowment | Total | Total | |||||||||
| funds | funds | funds | funds | funds | |||||||||
| 2022 | 2022 | 2022 | 2022 | 2021 | |||||||||
| E | E | E | E | ||||||||||
| Investment | income | - | rent | 19,117 | 19,117 | 17,171 | |||||||
| Investment | income | - | listed | ||||||||||
| investments | and bank interest | 3,467 | 3,467 | 4,553 | |||||||||
| 22,584 | 22,584 | 21,724 | |||||||||||
| Total 2021 | 21,724 | 21,724 |
| ANALYSIS OF DIREC | T EXPENDITURE ON C | HARITABLE ACTIVITIE | S | ||
|---|---|---|---|---|---|
| Unrestricted | Restricted | 2022 | 2021 | ||
| E | 6 | E | E | ||
| Wages and salaries | 13,395 | 17,830 | 31,225 | 32,928 | |
| Premises costs: | |||||
| Insurances | 860 | 1,180 | 2,040 | 1,995 | |
| Repairs and maintenance | 7,424 | 352 | 7,776 | 1,812 | |
| Heat and light | 1,492 | 1,492 | 4,705 | ||
| Other premises | costs | 6,518 | 6,518 | 3,019 | |
| Opening costs: | |||||
| Interpretation/conservation | 334 | 4,629 | 4,963 | 4,146 | |
| Guides and other opening costs | 2,051 | 1,719 | 3,770 | 6,579 | |
| Administration: | |||||
| Office and other | costs | 1,428 | 1,428 | 2,336 | |
| Accountancy | 1,200 | 1,200 | 1,200 | ||
| Auditors' remuneration |
2,534 | 2,534 | 1,468 | ||
| Depreciation | 1,795 | 1,674 | 3,469 | 5,058 | |
| 39,031 | 27,384 | 66,415 | 65,246 |
| Staff costs | Depreciation | Other costs | Total | Total | ||
|---|---|---|---|---|---|---|
| 2022 | 2022 | 2022 | 2022 | 2021 | ||
| 6 | 6 | E | E | E | ||
| Expenditure | on raising funds | |||||
| Shop expenditure | 2,227 | 2,227 | 653 | |||
| Rental property costs | 6,625 | 6,625 | 4,383 | |||
| 8,852 | 8,852 | 5,036 | ||||
| Expenditure | on charitable | |||||
| activities | 31,225 | 3,469 | 29,187 | 63,881 | 63,778 | |
| Expenditure | on governance | 2,534 | 2,534 | 1,468 | ||
| 31,225 | 3,469 | 40,573 | 75,267 | 70,282 | ||
| Total2021 | 32,928 | 5,058 | 32,296 | 70,282 |
| Heritage | Fixtures and | ||
|---|---|---|---|
| assets | fittings | Total | |
| E | E | E | |
| COST | |||
| At I February 2021 | 44,634 | 20,841 | 65,475 |
| At 31 January 2022 | 44,634 | 20,841 | 65,475 |
| DEPRECIATION | |||
| At 1 February 2021 | 14,538 | 14,538 | |
| Charge for the year | 3,469 | 3,469 | |
| At 31 January 2022 | 18,007 | 18,007 | |
| NET BOOK VALUE | |||
| At 31January 2022 | 44,634 | 2,834 | 47,468 |
| At 1 February 2021 | 44,634 | 6,303 | 50,937 |
| FIXEDASSET INVESTMENTS | ||
|---|---|---|
| Listed | ||
| securities | ||
| E | ||
| MARKET VALUE | ||
| At 1 February 2021 | 94,846 | |
| Withdrawals/additions | ||
| Revaluations | 6,246 | |
| At 31 January 2022 | 101,092 | |
| INVESTMENTS AT MARKET VALUE COMPRISE: | ||
| 2022 | 2021 | |
| E | E | |
| Listed investments | 101,092 | 94,846 |
| 13. | units in STOCKS |
the S | arasin E | nd | owment Fund. |
||
|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||
| E | E | ||||||
| Goods for resale | 2,039 | 1,699 | |||||
| 14. | DEBTORS | ||||||
| 2022 | 2021 | ||||||
| E | E | ||||||
| Amounts | owed by group | undertakings | 13,251 | ||||
| Trade debtors | 230 | 2,000 | |||||
| Prepayments | and accrued income | 3,430 | 4,389 | ||||
| 16,911 | 6,389 | ||||||
| 15. | CREDITORS: | AMOUNTS | FALLING DUE WITHIN ONE YEAR | ||||
| 2022 | 2021 | ||||||
| E | E | ||||||
| Trade creditors | 336 | ||||||
| Amounts | owed to group | undertakings | 2,273 | ||||
| Accruais | and | deferred | income | 3,629 | 1,719 | ||
| 3,661 | 4,328 |
| Balance at | Balance at | |||||
|---|---|---|---|---|---|---|
| 1 February | Transfers | Gains/ | 31January | |||
| 2021 | Income | Expenditure | In/out | (Losses) | 2022 | |
| 5 | E | E | E | E | ||
| DESIGNATED FUNDS | ||||||
| Short term maintenance | 72,530 | 72,530 | ||||
| Medium to long term |
||||||
| maintenance | 54,909 | 53,647 | 108,556 | |||
| Loss of income | 43,915 | 8,085 | 52,000 | |||
| 171,354 | 61,732 | 233,086 | ||||
| GENERAL FUNDS | 103,369 | (47,883) | (61,732) | 6,246 | ||
| TOTAL UNRESTRICTED FUNDS | 171,354 | 103,369 | (47,883) | 6,246 | 233,086 | |
| RESTRICTED FUNDS | ||||||
| HHT Assets: | ||||||
| Museum Exhibits |
23,825 | 23,825 | ||||
| Display cases | 2,838 | (1,674) | 1,164 | |||
| HHT Funds: | ||||||
| BftNES | 1,000 | 1,000 | ||||
| School visits | 700 | 700 | ||||
| Ernest Cook | 864 | 864 | ||||
| Royal Astro nomica ISociety | 8,974 | (20) | 8,954 | |||
| WIUIam Herschel Society | 244 | 244 | ||||
| Spark grant | 4,359 | 5,647 | (9,908) | 98 | ||
| AIM Collection Care | (2,078) | 2,058 | 20 | |||
| NLHF CRF grants | 15,802 | (15,802) | ||||
| NLHF Herschel 200 | 30,355 | 30,355 | ||||
| 40,726 | 53,862 | (27,384) | 67,204 | |||
| TOTAL OF FUNDS | 212,080 | 157,231 | (75,267) | 6,246 | 300,290 |
| STATEMENT OF F | UNDS - PRIOR | YEAR | |||||
|---|---|---|---|---|---|---|---|
| Balance at 1 | |||||||
| February | Transfers | Gains/ | Balance at 31 | ||||
| 2020 | Income | Expenditure | in/out | (Losses) | 3anuary 2021 | ||
| E | E | E | f | ||||
| DESIGNATED FUNDS | |||||||
| Short term maintenance | 72,530 | 72,530 | |||||
| Medium to long term |
|||||||
| maintenance | 54,909 | 54,909 | |||||
| Loss of income | 49,253 | (5,338) | 43,915 | ||||
| 176,692 | (5,338) | 171,354 | |||||
| GENERAL FUNDS | 60,565 | (50,366) | 5,338 | (15,537) | |||
| TOTAL UNRESTRICTED FUNDS | 176,692 | 60,565 | (50,366) | (15,537) | 171,354 | ||
| RESTRICTED FUNDS | |||||||
| HHT Assets: | |||||||
| Museum Exhibits |
23,825 | 23,825 | |||||
| Display cases | 4,512 | (1,674) | 2,838 | ||||
| HHT Funds: | |||||||
| BBNES | 1,000 | 1,000 | |||||
| School visits | 200 | 700 | |||||
| Ernest Cook | 943 | (79) | 864 | ||||
| Roya IAstronomical | Society | 8,974 | 8,974 | ||||
| William Herschel Society |
244 | 244 | |||||
| NLHF PPIC exhibition | (514) | 514 | |||||
| AIM Conservation | Audit | (1,287) | 1,287 | ||||
| Spark grant | 2,743 | 6,176 | (4,560) | 4,359 | |||
| AIM Collection Care | 2,058 | (4,136) | (2,078) | ||||
| NLHF CRF and Emergency grants | 9,467 | (9,467) | |||||
| 40,640 | 20,002 | (19,916) | 40,726 | ||||
| TOTAL OF FUNDS | 217,332 | 80,567 | (70,282) | (15,537) | 212,080 |
| SUMMARY | OF FUNDS - C | URRENT YEAR | |||||
|---|---|---|---|---|---|---|---|
| Balance at | Balance at | ||||||
| 1 February | Transfers | Gains/ | 31 January | ||||
| 2021 | Income | Expenditure | in/out | (Losses) | 2022 | ||
| E | E | E | E | E | E | ||
| Designated | funds | 171,354 | 61,732 | 233,086 | |||
| Generalfunds | 103,369 | (47,883) | (61,732) | 6,246 | |||
| 171,354 | 103,369 | (47,883) | 6,246 | 233,086 | |||
| Restricted | funds | 40,726 | 53,862 | (27,384) | 67,204 | ||
| 212,080 | 157,231 | (75,267) | 6,246 | 300,290 |
| SUMMARY | OF FUNDS - P | RIOR YEAR | |||||
|---|---|---|---|---|---|---|---|
| Balance at 1 | |||||||
| February | Transfers | Gains/ | Balance at 31 | ||||
| 2020 | Income | Expenditure | in/out | (Losses) | January 2021 | ||
| E | E | E | E | E | E | ||
| Designated | funds | 176,692 | (5,338) | 171,354 | |||
| General funds | 60,565 | (50,366) | 5,338 | (15,537) | |||
| 176,692 | 60,565 | (50,366) | (15,537) | 171,354 | |||
| Restricted | funds | 40,640 | 20,002 | (19,916) | 40,726 | ||
| 217,332 | 80,567 | (70,282) | (15,537) | 212,080 |
| Unrestricted | Restricted | |||
|---|---|---|---|---|
| funds | funds | Totalfunds | ||
| 2022 | 2022 | 2022 | ||
| 6 | E | E | ||
| Tangible | fixed assets | 22,108 | 25,360 | 47,468 |
| Fixed asset investments | 101,092 | 101,092 | ||
| Current assets | 113,547 | 41,844 | 155,391 | |
| Creditors | due within one year | (3,661) | (3,661) | |
| 233,086 | 67,204 | 300,290 | ||
| ANALYSIS | OF NET ASSETS BETWEEN FUNDS - PRIOR YEAR | |||
| Unrestricted | Restricted | |||
| funds | funds | Totalfunds | ||
| 2021 | 2021 | 2021 | ||
| E | E | E | ||
| Tangible | fixed assets | 23,903 | 27,034 | 50,937 |
| Fixed asset investments | 94,846 | 94,846 | ||
| Current assets | 56,933 | 13,692 | 70,625 | |
| Creditors | due within one year | (4,328) | (4,328) | |
| 171,354 | 40,726 | 212,080 |