REGISTERED CHARITY NUMBER: 299134
Report of the Trustees and Unaudited Financial Statements For The Year Ended 31 December 2024
for
High Beeches Gardens Conservation Trust
AKP Affinity Oakwood House Guildford Road Bucks Green Horsham West Sussex RH12 3JJ
High Beeches Gardens Conservation Trust
Contents of the Financial Statements for the year ended 31 December 2024
| Page | |
|---|---|
| Report of the Trustees | 1 |
| Statement of Financial Activities | 2 |
| Balance Sheet | 3 |
| Notes to the Financial Statements | 4 to 6 |
| Detailed Statement of Financial Activities | 7 |
High Beeches Gardens Conservation Trust
Report of the Trustees for the year ended 31 December 2024
The trustees present their report with the financial statements of the charity for the year ended 31 December 2024. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) 'Accounting and Reporting by Charities' issued in March 2005.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number
299134
Principal address
The High Beeches Handcross West Sussex RH17 6HQ
Trustees
Mrs S K Bray Mr J M Bray Sir Philip Warner Bt. Mr T R Bacon Mr P R Eastell (appointed 17 November 2024)
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes an unincorporated charity.
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
OBJECTIVES AND ACTIVITIES
Objectives and aims
The charity's activities relate to the land and buildings held in trust adjacent to The High Beeches, Handcross, West Sussex.
The trust land must be used for the enjoyment of the public and for the purpose of research by the growth and propogation of trees and plants with a view to the furtherance of the study and science of botany, the increase and dissemination of the knowledge in respect thereof, the improvement of the methods and practice of horticulture, the promotion of the conservation of nature, especially those rarer species of plants and trees in danger of loss of cultivation and for the benefit of the public.
ON BEHALF OF THE BOARD:
Mrs S K Bray - Trustee
Date
Page 1
High Beeches Gardens Conservation Trust
Statement of Financial Activities for the year ended 31 December 2024
| Notes INCOMING RESOURCES Incoming resources from generated funds Activities for generating funds 2 Investment income 3 Total incoming resources RESOURCES EXPENDED Costs of generating funds Fundraising trading: cost of goods sold and other costs Other resources expended Total resources expended NET INCOMING/(OUTGOING) RESOURCES Other recognised gains/losses Gains/losses on investment assets Net movement in funds RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
Unrestricted funds £ 84,744 15,968 100,712 87,341 44,087 131,428 (30,716) 12,917 (17,799) 1,152,978 1,135,179 |
Restricted funds £ - - - - - - - - - - - |
2024 Total funds £ 84,744 15,968 100,712 87,341 44,087 131,428 (30,716) 12,917 (17,799) 1,152,978 1,135,179 |
2023 Total funds £ 95,649 16,370 |
|---|---|---|---|---|
| 112,019 102,355 44,054 |
||||
| 146,409 | ||||
| (34,390) 50,117 |
||||
| 15,727 1,137,251 |
||||
| 1,152,978 |
The notes form part of these financial statements
Page 2
High Beeches Gardens Conservation Trust
Balance Sheet for the year ended 31 December 2024
| Notes FIXED ASSETS Tangible assets 6 Investments 7 CURRENT ASSETS Stocks 8 Debtors 9 Cash at bank and in hand CREDITORS Amounts falling due within one year 10 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS 11 Unrestricted funds Restricted funds |
Unrestricted funds £ 549,025 571,492 1,120,517 500 11,042 18,219 29,761 (15,099) 14,662 1,135,179 1,135,179 |
Restricted frunds £ - - - - - - - - - - - |
2024 Total funds £ 549,025 571,492 1,120,517 500 11,042 18,219 29,761 (15,099) 14,662 1,135,179 1,135,179 1,135,179 - 1,135,179 |
2023 Total funds £ 549,088 593,575 |
|---|---|---|---|---|
| 1,142,663 500 10,573 15,551 |
||||
| 26,624 (16,309) |
||||
| 10,315 | ||||
| 1,152,978 | ||||
| 1,152,978 | ||||
| 1,152,978 - |
||||
| 1,152,978 |
The financial statements were approved by the Board of Trustees on and were signed on its behalf by:
Mrs S K Bray -Trustee
The notes form part of these financial statements
Page 3
High Beeches Gardens Conservation Trust
Notes to the Financial Statements for the year ended 31 December 2024
1. ACCOUNTING POLICIES
Accounting convention
The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets and accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008), the Charities Act 1993 and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities.
Incoming resources
All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to income and the amount can be quantified with reasonable accuracy.
Resources expended
Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
| Buildings and improvements | 2% on cost |
|---|---|
| Leasehold properties | 2% on cost |
| Garden fencing | 10% on reducing balance |
| Garden equipment | 25% on reducing balance |
| Computer equipment | 25% on reducing balance |
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
2. ACTIVITIES FOR GENERATING FUNDS
3.
| Donations Gate receipts Sale of guide books Contract receipts Rents received Catering sales INVESTMENT INCOME Dividends received |
2024 £ 3,721 29,863 201 917 42,168 7,874 84,744 2024 £ 15,968 |
2023 £ 10,895 31,039 171 1,000 42,719 9,825 |
|---|---|---|
| 95,649 | ||
| 2023 £ 16,370 |
Page 4
High Beeches Gardens Conservation Trust
Notes to the Financial Statements - continued for the year ended 31 December 2024
4. TRUSTEES' REMUNERATION AND BENEFITS Trustees' Remuneration
There were no trustees' remuneration or other benefits for the year ended 31 December 2024 nor for the year ended 31 December 2023.
Trustees' Expenses
There were no trustees' expenses paid for the year ended 31 December 2024 nor for the year ended 31 December 2023.
5. STAFF COSTS
6.
7.
| Wages and salaries TANGIBLE FIXED ASSETS Buildings and improvements £ COST At 1 January 2024 722,203 Additions - At 31 December 2024 722,203 DEPRECIATION At 1 January 2024 348,394 Charge for the year 15,228 At 31 December 2024 363,622 NET BOOK VALUE At 31 December 2024 358,581 At 31 December 2023 373,809 FIXED ASSET INVESTMENTS MARKET VALUE At 1 January 2024 Additions Disposals Revaluations At 31 December 2024 NET BOOK VALUE At 31 December 2024 At 31 December 2023 |
Leasehold property £ 320,000 - 320,000 153,600 6,400 160,000 160,000 166,400 |
Garden fencing £ 29,353 - 29,353 23,181 617 23,798 5,555 6,172 |
Garden equipment £ 46,083 30,515 76,598 43,700 8,225 51,925 24,673 2,383 |
2024 £ 61,036 Computer equipment £ 3,448 - 3,448 3,124 108 3,232 216 324 |
2023 £ 61,466 |
|---|---|---|---|---|---|
| Total £ 1,121,087 30,515 |
|||||
| 1,151,602 | |||||
| 571,999 30,578 |
|||||
| 602,577 | |||||
| 549,025 | |||||
| 549,088 | |||||
| Listed investments £ 593,575 - (35,000) 12,917 |
|||||
| 571,492 | |||||
| 571,492 | |||||
| 593,575 |
There were no investment assets outside the UK.
Page 5
High Beeches Gardens Conservation Trust
Notes to the Financial Statements - continued for the year ended 31 December 2024
8. STOCKS
| 2024 £ Stocks 500 9. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 £ Other debtors 11,042 10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 £ Taxation and social security 4,253 Other creditors 10,846 15,099 11. MOVEMENT IN FUNDS At 1/1/24 Net movement in funds £ £ Unrestricted funds General fund 1,152,978 (17,799) Restricted funds General fund - - TOTAL FUNDS 1,152,978 (17,799) Net movement in funds, included in the above are as follows: Incoming Resources Gains and resources expensed losses £ £ £ Unrestricted funds General fund 100,712 (131,428) 12,917 Restricted funds General fund - - - 100,712 (131,428) 12,917 |
2023 £ 500 |
|---|---|
| 2023 £ 10,573 |
|
| 2033 £ 5,435 10,874 |
|
| 16,309 | |
| At 31/12/24 £ 1,135,179 - |
|
| 1,135,179 | |
| Movement in funds £ (17,799) - |
|
| (17,799) |
Page 6
High Beeches Gardens Conservation Trust
Detailed statement of Financial Activities for the year ended 31 December 2024
| INCOMING RESOURCES Activities for generating funds Donations Gate receipts Sale of guide books Contract receipts Rents received Catering sales Investment income Dividends received Total incoming resources RESOURCES EXPENDED Fundraising trading: cost of goods sold and other costs Repairs and maintenance Garden sundries Staff costs and pensions Insurance Catering Rent Rates Water rates Light and heat Staff training Cleaning Advertising Support costs Motor running expenses Subscriptions Telephone Postage and stationery Bank charges Accountancy fees Payroll fees Travelling and subsistence Legal and professional fees Depreciation of leasehold properties Depreciation of buildings and improvements Depreciation of garden fencing Depreciation of garden equipment Depreciation of computer equipment (Profit)/Loss on disposal of fixed assets Total resources expended Net expenditure before gains and losses Realised recognised gains and losses Gain/(loss) on fixed asset investment Net income/(expenditure) |
2024 £ 3,721 29,863 201 917 42,168 7,874 84,744 15,968 100,712 4,311 2,354 61,036 1,358 2,451 9,000 3,704 (3,104) 2,221 35 129 3,846 87,341 5,168 1,839 397 91 167 2,150 820 770 6,307 6,400 15,228 617 8,225 108 (4,200) 44,087 131,428 (30,716) 12,917 (17,799) |
2023 £ 10,895 31,039 171 1,000 42,719 9,825 |
|---|---|---|
| 95,649 16,370 |
||
| 112,019 7,337 5,740 61,466 3,074 3,420 9,000 3,312 2,497 3,384 365 129 2,631 |
||
| 102,355 2,627 1,782 528 32 8 2,150 492 706 12,457 6,400 15,228 686 795 163 - |
||
| 44,054 | ||
| 146,409 | ||
| (34,390) 50,117 |
||
| 15,727 |
Page 7