2023-09-30-accounts - Farnham Castle

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INDEX	PAGE
Reference and administrative details	1
Report o f the Trustees	2−6
Report o f the independent examiner	7
Unaudited statement o f financial activities	8
Unaudited balance sheet	9
Unaudited statement o f cash flows	10
Unaudited accounting policies	1 1−1 2
Notes to the unaudited financial statements	13−16

Company registration number:	00596938
Charity registration number:	313648
Registered office:	42 Waverley Lane
	Farnham
	Surrey
	GU9 8BJ
Trustees:	Derek Carpenter −Chair
	Deborah Barrington (resigned 20/09/2023)
	Julie Bradley
	Damian MalMs
	Guy Olden
	Christopher Shepheard (resigned 08/02/2023)
	Gillian Ward (appointed 08/02/2023)
Secretary:	Edward Guyver
Bankers:	NatWest Bank PLC
	31−37 Victoria Road
	Farnborough
	Hampshire GU14 7NR
Solicitors:	Russell−Cooke LLP
	2 Putney Hill
	Putney
	London SW15 6AB
Independent Examiner:	Simon Pusey BA FCA
	Keith Graham
	Chartered Accountants
	Suite 2, Wesley Chambers
	Queens Road
	Aldershot
	Hampshire G U l l 3JD

		Unrestricted	Funds
	Notes	2023	2022
INCOME:
Donations and legacies	1	2,877	2,874
Income from charitable activities:
Protection & preservation o f Farnham Castle	2	25,000	25,000
Investment income	3	2,836	579
Total income		30,713	28,453
EXPENDITURE:
Expenditure on charitable activities
Protection & preservation o f Farnham Castle	4	14,628	9,559
Total expenditure		14,628	9,559
NET INCOMING RESOURCES
& MOVEMENT OF FUNDS FOR THE YEAR		16,085	18,894
FUND BALANCES BROUGHT FORWARD		157,993	139,099
FUND BALANCES CARRIED FORWARD	12	174,078	157,993

	Notes	2023	2022
FIXED ASSETS
Investments	8	54,092	53,557
CURRENT ASSETS
Stocks	9	669	696
Debtors	10	2,165	854
Cash at bank and in hand		127,808	113,151
		130,642	114,701
CURRENT LIABILITIES
Creditors: Amounts falling due within one year	11	(10,656)	(10,265)
NET CURRENT ASSETS		119,986	104,436
TOTAL ASSETS LESS CURRENT LIABILITIES		174,078	157,993
THE FUNDS OF THE CHARITY
Unrestricted income funds
General Fund	12	174,078	157,993
TOTAL CHARITY FUNDS	12	174,078	157,993

	2023	2022
Cash flows from operating activities:
Net cash provided by operating activities	12,356	24,101
Cash flows from investing activities:
Interest income	2,836	579
Proceeds from the sale o f investments
Purchase o f investments	(535)	(531)
Net cash (used in)/provided by investing activities	2,301	48
Change in cash and cash equivalents during the year	14,657	24,149
Cash and cash equivalents at the beginning o f the year	113,151	89,002
Cash and cash equivalents at the end o f the year	127,808	113,151
Reconciliation o f net income to net cash flow
from operating activities
Net income per the statement o f financial activities	16,085	18,894
Adjustments for:
Dividends, interest and rents from investments	(2,836)	(579)
Decrease/(increase) in stocks	27	(696)
Decrease/(increase) in debtors	(1,311)	7,832
(Decrease)/increase in creditors	391	(1,350)
Net cash provided by operating activities	12,356	24,101
Analysis o f cash and cash equivalents
Cash in hand	127,808	113,151
Notice deposits (less than 3 months)
Overdraft facilities repayable on demand
Total cash and cash equivalents	127,808	113,151

		Total	Total
		2023	2022
1	INCOME F R O M DONATIONS AND LEGACIES
	Donations and legacies	1,169	1,190
	Sundry income	1,708	1,684
		2,877	2,874

		Total	Total
		2023	2022
2	INCOME F R O M CHARITABLE ACTIVITES
	Protection and preservation o f Farnham Castle
	Property lease income	25,000	25,000
	The income from charitable activities o f £25,000 (2022: £25,000) was all unrestricted.
		Total	Total
		2023	2022
3	INVESTMENT INCOME
	Interest receivable	2,836	579

		Total	Total
		2023	2022
4	EXPENDITURE ON CHARITABLE ACTIVITIES
	Protection, preservation and promotion of Farnham Castle:
	Grants	3,985	3,000
	Governance costs (see note 5)	6,068	3,941
	Support costs (see note 6)	4,575	2,618
		14,628	9,559

		Total	Total
		2023	2022
5	GOVERNANCE COSTS
	Examination fees	1,000	1,000
	Accountancy services	2,500	1,750
	Legal and other professional fees	813	813
	Trustees' professional indemnity insurance	204	203
	Miscellaneous expenses	1,551	175
		6,068	3,941

		Total	Total
		2023	2022
6	SUPPORT COSTS
	Rent payable	1,511	1,511
	Other support costs	3,064	1,107
		4,575	2,618

		2023	2022
7	NET MOVEMENT IN FUNDS
	Net movement in funds is stated after charging:
	Operating lease rentals:
	Land and buildings	1,511	1,511
	The charity's gross income for the year was	30,713	28,453
	The charity's surplus for the year was	16,084	18,894
		2023	2022
8	INVESTMENTS
	1−year bank deposit bond (2022: 2−year deposit bond)	54,092	53,557
	The deposit bond matures on 4 January 2023.

		2023	2022
9	STOCKS
	Book stocks for resale	669	696

		2023	2022
10	DEBTORS
	Amounts falling due within one year:
	Trade debtors		60
	Sundry debtors & prepayments	2,165	794
	Total amount falling due within one year	2,165	854
		2023	2022
11	CREDITORS
	Amounts falling due within one year:
	Trade creditors	896	700
	Other taxation and social security costs	2,430	2,232
	Accruals	7,330	7,333
	Total amount falling due within one year	10,656	10,265

12	THE FUNDS OF THE CHARITY
		Balance at					Balance at
		1	October		Incoming	Outgoing	30 September
				2022	resources	resources	2023
				£	£	£	£
	Unrestricted income funds:
	General Fund		157,993		30,713	(14,628)	174,078
			157,993		30,713	(14,628)	174,078
		Balance at					Balance at
		1	October		Incoming	Outgoing	30 September
				2021	resources	resources	2022
				£	£	£	£
	Unrestricted income funds:
	General Fund		139,099		28,453	(9,559)	157,993
			139,099		28,453	(9,559)	157,993
13	COMMITMENTS UNDER OPERATING		LEASES
	The charity as a lessee:
	At the balance sheet date, the charity had future			commitments under		2023	2022
	non−cancellable operating leases as	follows:
	Land and buildings:
	not later thanone year					1,511	1,511
	later than one year and not later than five years					6,046	6,046
	later than five years					12,817	14,328
						20,374	21,885
	The charity as a lessor:
	At the balance sheet date, the charity had contracted with				tenants,	2023	2022
	under non−cancellable operating leases, for		the following		future
	minimum lease payments:
	Amounts receivable:
	not later thanone year					25,000	25,000
	later than one year and not later than five years					100,000	100,000
	later than five years					211,750	236,750
						336,750	361,750

Section A		Independent Examiner's Report
Report to the trustees		Hemdean House School Ltd
On accounts for the year ended		31st August 2023	Charity no (if any)	309146
Set	out on pages	1−2
		I report to the trustees on my examination of the accounts of the above
		charity ("the Trust") for the year ended 31/08/2023.

Recommended categories by activity	Notes	Unrestricted funds	Total Funds 2023
Incoming resources
Income and endowments from:
Charitable activities	2	770,652	770,652
Total		770,652	770,652
Resources expended
Expenditure on:
Raising funds	3	124,509	124,509
Charitable activities	4	671,277	671,277
Other	6	29,149	29,149
Total		824,935	824,935
Net income/(expenditure) before investment gains/(losses)		(54,283)	(54,283)
Net income/(expenditure)		(54,283)	(54,283)
Net movement in funds		(54,283)	(54,283)
Reconciliation o f funds:
Total funds brought forward		130,494	130,494
Total funds carried forward		76,211	76,211

Recommended categories by activity	Notes	Unrestricted funds	Total Funds 2023
Fixed assets
Tangible assets	7	11,131	11,131
Total fixed assets		11,131	11,131
Current assets
Debtors	8	163,229	163,229
Cash at bank and in hand	9	159,509	159,509
Total current assets		322,738	322,738
Creditors: amounts falling due within	10	210,832	210,832
one year
Net current assets/(liabilities)		111,906	111,906
Total assets less current liabilities		123,037	123,037
Total net assets or liabilities		123,037	123,037
Funds of the Charity
Unrestricted funds	11	76,211	76,211
Restricted income funds	11
Endowment funds	11
Total funds		76,211	76,211

Analysis
Advertising, marketing,	660
direct mail and publicity
Rent collection, property
repairs and maintenance	119,875
charges
Support Costs	3,974
	124,509

Analysis
Legal/professional fees	1,200
Wages and salaries	535,130
Staff costs	25,183
Cost o f services	98,590
Support Costs	11,174
	671,277

Analysis
Printing and stationery	7,948
Governance Costs
Accountants fees	7,200
	15,148

	Unrestricted funds	Total funds 2023
Analysis
Other Expenditure	23,110	23,110
Depreciation Charge for
the Year −Fixtures &	6,039	6,039
Fittings
	29,149	29,149

	Fixtures & Fittings		Computer Equipment
At 01 September 2022		54,410		5,586
Additions		1,114
Disposals
Revaluations
Transfers
At 31 August 2023		55,524		5,586
7.2 Amortisation and impairments
	Fixtures & Fittings		Computer Equipment
At 01 September 2022		38,941		4,999
Additions		5,452		587
Disposals
Revaluations
Transfers
At 31 August 2023		44,393		5,586

	Fixtures & Fittings		Computer Equipment
At 01 September 2022		15,469		587
At 31 August 2023
8 Debtors: Amounts falling	due within one year
		Total	funds 2023
Trade debtors				155,384
Other debtors				5,091
Prepayments & accrued income				2,754
				163,229
9 Cash at bank and in hand
		Total	funds 2023
Cash at bank and on hand				159,509
				159,509
10 Creditors: Amounts falling due within		one year
		Total	funds 2023
Accruals and deferred income				210,832
				210,832

	Fund					Fund
Fund names	balances brought forward	Income	Expenditure	Transfers	Gains and losses	balances carried forward
Unrestricted funds	130,494	770,652	(824,934)			76,212
Total	130,494	770,652	(824,934)			76,212