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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|





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|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|





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|||**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|





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|||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|





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|||**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|





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|**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|



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|**Section A**||**Independent Examiner's Report**|||
|---|---|---|---|---|
|**Report to the trustees**||**Hemdean House School Ltd**|||
|**On accounts for the year**<br>**ended**||**31st August 2023**|**Charity no**<br>**(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.|||





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|**Recommended categories by**<br>**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**<br>**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**<br>**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**|





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



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|**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|



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





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||**Unrestricted funds**|**Restricted income**<br>**funds**|**Endowment 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|



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||**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|





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||**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|





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