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||||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||||||
|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|||||||||
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||||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|
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|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||
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|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|
##
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|||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||
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||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|
##
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|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|
##
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##
|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|
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