COMPANY REGISTRATION Numllfi R 01265072 North Craven Building Preservation Trust LIEmited Consolidated Financial Statements For the Year Ei nded 31 Mal'ch 2024 ClIAI'ity Numbei. 505438
NORTH CRAVEN BUILDING PRESERVATION TRUST LIMITED LECAL AND ADMINISTRATIVE INFORMATION ChRI'lly Niiinber 505438 Compaiiy R¢glsli'ntlon Number 01265072 Reglstei'eil Offlee Th¢ folly Victoria Street Settle Nortli Yorkshire BD24 9EY Tiiist¢e$ Mrs H E LftEie (Cliair) Mr S Myers (Vice ClIAir) Mr R W Creeiihalgli {Treasurer) Mr S P Garland Mrs L Northrop Mr G P Beiin Ms E R Coulihard Miss C Rosier Ms P Doran Dr C Liiilejohii Miss S M Mnnn Ms H Noble Aiidltoi, ChNmpioIi Accoiinlants LLP Chartered Aecoui)lai)ls & Statutory Audlior Untt 2 Olyinpl¢ Court Wliileliills Biisiness Pork Blackpool Lai)¢asl)ire FY4 5GU Bfijikei's The Co-operalive Bank Uiiity Tnist Bai)k
NORTH CRAVEN BUILDING PRESEI RVATION TRUST LIMITED FINANCIAL STATEMEwrs riOR THE YEAR ENDED 31 hlARCH 2024 CONTKNTS PACES Triislees Report liidepeiid¢iit Audilor's Report lo Ilie M¢Jiibers 12-14 Coijsolldated Slal¢nient of Fiii&ncial Aclivllies (Ineorpornling ihe ii)coine and expeiidiluKe accouni) 15 Consolidated Balai)¢¢ Slieel 16 Coiisolldated Slatem¢nt of Cash Fk)ws 17 Noles lo Ili¢ Fiiifiiicial Slalements 18-32
NORTH CRAVEN BUILDING PRESERVATION TRUST LIMITED TRUSTEES RII PORT (INCLUDING DIRECTORS REPORT} riOR THE YEAR ENDED31 MARCH 2024 The li'iistees present their ftnnuftl report and financial statem¢iils for the year ended 31 March 2024. Tliis report is ¢oinbiiied ivilli the reports of the Directors of Ihe North Craven Biiilding Pr¢8ervalion Trust Lin)Iied an(1 NCBPT Trading Llihiled os required ty Company laiv. Tli¢ fii)an¢ial stateinents have beeii prepared in accordance ivilh accoui)tin8 policie5 sel out iii iiol¢ I lo 11)e finnn¢ial slalen)ents aiid coimply ivilh tlle cliai'ity's governiiig dociirneiit. Ilie ConipaTiles Act 2006 aiid 'Accouiiliiig ai)d Reporliiig by Charities: Slatemeiit of Recoi)Iiiiended Practice applicable lo chArilies pparing Ilieir accoiinls ii) accordance iyiili the financlal Repoiling Siaiidard applicable iii Ilie UK aiid Republi¢ of Irelai)d (FRS 102) (effeclive l Jaiiuary 2019),. OBJECTIVES AND AcfiviTIEI S (INCORPORATING ACHIEVEMENTS AND PERFORMANCE) 'rii¢ obje¢ls of the TrLlSt are, for Ilie beiiefit of the North Craveji comniuiiity. for visilors to the area, aiid for Ili¢ notion at lai'ge to:. Preserve th¢ biiili lierilage it) and aroiiiid Noi'lh Cravell ivhich is oc particular beaiity or hlslorical archliecliiral or ¢OllSlriiclioiial iiil¢r¢sl, ftnd Acquire> preserve, docunient, Interpret and make arcessible exlilbils, objIS find colleclloiis i'¢lailng lo Ili¢ soclnl, agriciilliiri11. iiidiislylal fti)d biiili ciiviroiinieiil of North Craveii, Iliiougli Ili¢ provision of a niiiseuni soivlce for tlie purpose of ediicaliiig and Ii)foriiiiiig Ilie public. The TY1181ees ar¢ aivai¢ of the guidance on public beiKfil piiblished by tlie Cliarilies Coii)iiiission aiid l)ave coii)plled lvllh Ilieir diity lo liave diie regard lo Iliis giiidan¢¢ ivlien exercising aiiy powers OY dillies lo iYl)icli Ilie gui(1oIIC¢ 15 i'elevaiit. Examples of ivlial lias bceti doiie diirlng the year lo carry out cl)arllable purposes for publ1¢ beiielli ere oiitllned beloiv in tlie "Revieiy of Activili¢s' * pai'licularly iindei the 'Miiseun)' and 'Biiildiiis Pi'eservalion, seclions, Successfiil grailt api)lications et)abled the Triist to conlinue Ili¢ progrpmine of repairs lo Tl)e Folly ftnd lo deliver ft raiige of Ciiltur¢il acllvilies. Oi)e ii¢iv property, A Gra(l¢ 11 listed mercl)aiit lioiis¢, Ivas purchased durlng Ilie yeoi.. Major 8raiits frojii Ai'ls Coiincil Eiigland aiid tli¢ Nalioiiftl Lottery Herilnge Fuiid siipporleil Ihe I'e¢riiilii)enl of iieiy staff ond uii(lerpiiined ali initiative lo iiiiprovc uiiderslfinding aiid awareness of Ilie iiiiis¢uni's colleclloiis. RfVILI W OF ACTIVITIES MUSEI UM OF NORTH CRAVLN LIFE Acci'eilltatlon Tlie Miiseiin) coiiliiiiies lo beiiefil froin Fiill Accredilatioii (AN1248) Iiiider the Arts Councll Ef)gland sclieme. Trustees sieve Gai'latld aiid HeAlher Lalie coiiliiiiied to act as AccredilRtloJ) Jnentors, Aequlsltlons Acfjiiisitions of iiote diirliig Ihe year., Al Ilie InsllgAtlon of Kalliariiie Holines, Illree collages of local subjecls by her graiidmolher, artist Coi)stanc¢ Pears011, Ivere IloiiRled by Ilic Ficl(I Studics Coiincil Prior to (lie ¢losiire ofTani Hoiise, Molliftin, aloi)g ivitl) a quaiitity of ar¢lilval and pliologrnpl)i¢ iiiaierial. Doris Rolir donated a selecllon of archival materlals froln the colleclioii of th¢ lat¢ David Alder, poslinast¢r in Higli B¢iitl)aiii since 1992. Johi) Killick 811d Phoebe Caldivell donated aroiind 4001)ooks and pamphlels to tlle museum's Conteii)poraiy Poetry Libi'ary. Malhamdfile Local Hislory Group gifted a niiinber of Hon)er stiidio portraits. HSBC in Settle donated livo groiips of indentures on pftrclin)enl froni the mid-18th century* pertftiiiing lo ilie sale ofproperly iii Long Pr¢slon. Michael Singletoii doiiate(l a 1795 list of landoivllers itt Settle, Giggleswtck and Benthn. The Hon. Curator preseiiled an ¢arly 19 century ivatercolor of Gaping Gill by ali ui)knowAI llaiid. Horton History Group ivas Ivound lip and transferred Its reinaii)ing assets to (lie M115eum. Dr Biick's aiitograph book, illcludiiig Ihe signatures of Alice and Edivard Elgar, Ivlls purchased froni eBay for £250,
NORTH CRAVII N BUILDING P1 SERVATION TRUST LIMITED TRUSTECI S REPORT (INCLUDING DIRiocfoRS RKPORT) IOR THE YEAR ENDED JI MARCH 2024 Collee110115 CHr¢ Volui)leers eonliniied iyiih Ilie routine cleaiiiiig ofsloyes and obje¢ls on open display. Robiii Biiiidy provided ii)valiiable Assislai)ce ivilh object pliologyapliy. Nicol¢ Tlioi)iassin reorgaiiised the filiiig c&biiiels conlftihlng Ilie TrLisI's inslllutlonnl i'¢l)ive, incliidlng materlals relurned froiii HTNW. A Iieiv programme of objwl cleaiilng began iyiili ileins belng packed for removal diiriilg Ihe decBI)t of the gall¢ric5 In Deeeiiiber. The Hoii, Curaior arfended a series of 11)ree colle¢liony chre Irainiiig evenl8 provid¢d by Miiseiims Developnienl Yorkshire and an object haiidliilg session, led by Jei)ny Hill from Crnvei) Miiseiim, Ivas offered lo all voluA)leers. Th¢ appoliitineiil of a Collections Maiiager and Do¢iiii)eiitilioii OfTicer enabled A i¢vi¢w of ¢olleclioiis car¢ priorilies, be8ini)iiig In March 2024. Dlgllfil Offtr Tlie HonorAry Ciiralor ai)d Herilage D¢velopnient Officer Continued lo ni8iiilain Ilie websile, updAliiig lh¢ inforinftlion oil the piibli¢ pi'ogYaini?i¢ and r¢Jiovalion work. Durin¥ the year, Ille ivebsile rcccived over 47,000 poge vlews froin over 7,800 unique iisers. Oiii. so¢lal niedlA folloiviiig conllniied to Improve, Ivilh help from members of Ilie Coffee Hoiise le4m. We l)ad 3,373 rolloivers coinbiiied across facebook, Iiisla8raiii aiid X (Tivilter) diirii)g11)e yertr lo 31 fvlar¢li 2024, The Herlillge TTUSI Network allocAted 40 Iloiirs of supporl iiiider Ihe Diglial Heroes Scheine and ivas assi&Jiied lo de5igii proii)olloi) foi. Ili¢ Hoyner pholo8¥aplii¢ project, slarling in s¢plnber 2023. E(lucftlloii Tlie Hcrltftge Developineiit oificer ¢onllniied lo develop a ran8¢ of iiiformRI learnii)g nialerials aiid trails lo coiiii)leinent our exi)lorer bqlckpacks oiid story sa¢ks. Ctxft aclivliles hAd an ediicalional focus, linked lo Ili¢ Miiseiiin colleciloiis niid exl)Ibilions. Tlie Miiseuiii joiiied 11)e Out of Ihe Box projecl, siipi)orted by NYC and desigtied lo make ¢ollecllons i)ioi accessible for l¢a¢liers aiid piipils vla a bespoke w¢bsil¢: Iitips:Iloiiloftlieboxl¢prning.or81 Exhll)Illons and Events Exlilbltloii ro Feb - l Jiily 2023 'A Seiise of PlR¢e: Mapping Norlli Craven, a hisiory ofiocal carlogrfipliy fealiiriiig 1)iai)s froiii the iiitiseiini's eolle¢ilons 'Loiig Preston Deeps Discovery, (ciealed alfIlledbY ilie )..k$ll11? Dciles Allll¢iiiiiiiiii Ti'iisl 'Tlie Woilderful Woinen of Selll¢' iiiiages by Artist Teresa Gordon, Iviil) liislorlcal inforinfiiloii b Sarali Lister 'A Life li) Letters, tel) iieiv arlivorks Iiisiilred by Ilie iYYiling ofsetlle i?oet and novelist, Jeaii Harrison coiiiiiilssloii.f lileI b Ai'l.Y Coiiii¢ii r iniid 'Tlie World Beiiealli Our Feel, Imoderll caviii81)liolograplis froii) Iviillii) tlie Yorksliire Dales Natioilal Park by Mark Burkey aiid Gary Douihivall¢, ciirjled by Tiin Alleii (fiiiided b)1 Ili¢ Coiiiicll o Noi'ilieiii Cai'ii Cliib 'Fo¢iis oil Norlli Cravei),; liol 'Art foiiiis In Nature: 100 Da 8 Jiily -17 Dec 2023 l Alig- 30 Sepi 2023 7 Oct- 17 Dc¢ 2023 hsb nienibers of Seltle Pliolo s 100 Art%YoYks' b Mark Biiller ra li1¢ Groii A publ1¢ i)rogran)Ine designed lo eiigaBe local resideiils and appeal lo visitors from flirther afield iva5 provlded duylng 11)e year. Parli¢ulMr eiiipl)asis was placed oil Ined$11)g our faiiiily aLidieiices. A private vieiy ivas liel(I lo lfiiii)ch 11)e JeRn HHrrison exhibilion irt Jiily. The Sprlng season opened with Easler Egg Hiittl fil Easl¢r egg decorAlloii aclivity, and opportiiiiilles lo hav¢ a go ot drop spindlc spiniiiii8. Groiii)(l Nest Fesl, a feslival on Ilie theme of prolecl?i)g aiid ¢elebraling groiind-iiesling birds in Nortli Craveii IYAS lield 01) Eailh Dy1 22 Api'il, willi free worksliops sli dance, 5011g, and poetry, aiid dn)p in arts aiid crafts a¢livilies all <111y ill Ilie iiiusemiii. A shorl filii) about riirleiys created by local primary school pupils ivas screeiied as parf of all exliibilion in¢liidlng poslers aiid leaflets Ili¢y had crealed lo campaign for Ili¢ birds, proleclion. The feslival ivas held ii) parliieysliip vllh Wild 1118leboroLigh and Yorkshire Peal PHYliiership, as part of The Wild Escape, made possible by lea(1 $iippoit from Arts Coiin¢il England's Natlonal Lottery PKoj¢ct Grnnls, Ivilh additioiial siipport from 11)¢ Art Fiiiid. Events for tlie May half-tenji iii¢luded Corollallon Medal mftkii)g, a ivitcliillarks craft Hclivily and a Museuin Mystery Trail willi Moiitgoiiiery Boi)bon, iii assoclalion i¥ill) Kids in Museuins. F&n)ily-frieiKlly aclivities in tlie siiinmer
NORTH CRAVII N BUILDING PRESERVATION TRUST LIMITED TRUSTEES REPORT (INCLUDING DIRECTORS REPORT) FOR THE YKAR ENDED 31 MARCH 2024 holidays Included Microgi'een Planling, Mak¢ Your Own Ice Cream, Bubble Day, Pap¢r Macliines, Paper Landscapes 411d a Victoi'iaii School day. Tl)e Autuii)n pi-oEramine began with the Museuin participatiiig ii) Heritage Opeii Days in Septeinbei., Ivitli free toiirs of The Folly, folloived by a spooti carviiig ivorksliop. In Novembei.. Roberl Lloyd Pai'i'y p¢i'foi-med Classic gliost sloi'l¢s of M.R. Jaines over livo coiisecistive evenings and artist Hester Cox ian her popiilai. Christinas Card Linoprint Workshop. Christinas al Tlie Folly offered fi concert by lo¢al singers Octwiieron. We raii free Cllristsnas craft aotivili¢s aiid a historical gftm event oil Satiirdays during the month ai)d ld out afteriiooii tes ivith Fiiilier ClirislAI)as aiid visits to Sai)la's Grotto. 'rwo book signii)8S took plAc¢ al The Folly during Ihe year. 'DAle ivilh Julia Chfii)nian' ali In conversation evei)t iyiih the Dales Det¢cliv¢ aiiihor attracted a capacity aiidien¢e iii April. Hill Famiing il) Ilie Nortli of Bnglaiid laiincl)ed a iiew book by S¢tll¢ i)liolograplici' Jol)n Bentlcy in Noveiiiber. Exleh'iifil eontn¢t$ R¢gular suppoi't iyas pi'ovided by Miiseiiins Developiiieiil Yorkshire (MDY)b qiiarlerly Ineeilngs were lield oiiliiie or In person ivill) Alan Beiitley, Museiiiii Developmeiil officer for West York511ire, Harrogfil¢ aiid Cravci). Tlie Hoiioi'aiy Ciiralor b¢¢ftih¢ a Iiiember of 11)e Associalioii of liidepeiideiit Miiseiinis IIisi8hi Paiiel and alleiided the flrsl Noi'ih Yorksliir¢ Coiiiicil Cultural Syinposiiiii) 011 13 Noven)ber. lil Jiiiie, she ai)d th¢ Herilage Dev¢lopi)iei)t Otricer ftlte)i(led tlie West Yorksliire Foruiij lil Leeds and Mrs L•iie spok¢ a¢ ihe Nortli Yorksliire Foriiin ii)eelin8 li) Hawes, Collii Spenkinaii visited lo disciiss a proposed exhibition on geologist John Pliillips. A licence iyas arr8iiged for Ili¢ use of Horner iiiiages by Ilie Settle Grnveyard Project. Heailier Laiie ai)d C8roline Rosi¢r visited Mall)Ain T&rii Hous¢ at Ilie invilalioi) of11)e Field Sludi¢s Couiicil to assess ilciiis offered for (loiialion. Recipro¢al vislls iYer¢ an'fiiiged willi Sarah Thoi)ia8, Clialr of the Maiior Hous¢ Miiseiiin in Ilkley. The Hoii. Cui'nlor gave a lecliire oil The Folly lo Ilie Eweci'oss Flislorical So¢lety 011 25 S¢pleiiiber aiid visiled I1 Peacock & Verity project in Masliam to discuss Iheir i)lai)s for ¢oiiveitlng a foriner shop piriiilses Tiilo housliig• learooiii and a coniniiiiiily arcliive. c8111iii Greeiiwood atleii<led Ihe Yorkshire Heritage Day al S&liftire ii) May And spoke at the MDY Celebraliiig Museiiiiis event iii Yol'k iii Noveiiiber. Meelii)gs werc Rlso held iviih Leon Fijalkowski, Strategic Dlrector of Pioneer PIDjec15 and Bryaii Gray, Cliaii. of tlie Sellle-carllsle Railway Tnist, Mai'lc¢llng & Piibllc Relntloiis Tli¢ Ileritage Developni¢iil Officer produced neiv What's Oil le<?flels diiriiig Ihe year 8iid posters for eacli iieiy exliibliioii, 'fiie Museuin was adverilsed iii a range of locul publleations, VIA 50clal iiiediA aiid 01)Iliie. Press releases proinpted extcnslve edllorlal cover&ge in local neivspapers, parisli niagazines aiid local radio. Pollcles Aiid i)ro¢e(liii'es Pi'iorliies aiid budgcls for Ihe nexl fiiiancial year iver¢ agreed at Ilie starl of the financial year, Staff and Voliint¢er Maniials were revised and tl)¢ Adn)inisti'atoi' Contined to update the OperalloS Maiiual aiid tlie EinergeiiGy Plaii, Polici¢s on Advertlslng and Lone Working ivere ratified during the year aiid other policies and plaiis weie reviewed lil accordance iyilli the policy franleivork. The Board held a slralegi¢ planiiiiig iiieetillg iii March 2024. toi)l¢s for diSl$s1on iii¢liided th¢ neiv Strilegi¢ Plaii 2025-30 (oulline of aims and objectives), a new Forward Plan 2025-30, Biisiness PIAii, Scliediiling and cap8¢ity. Slaifing- management, traiiiiiig & apprais&l. Ti'AlJilng Training on a range of topics iva5 provided to Staly, Inislees aiid volunteers by IT4Arts, MDY, Herilage Triisl Nelivork, tlie Ruyal Museuins Nelivork and Heritage Compass, Aiid in person by Jei)ny Hill. Visitoi. Ivelcoine refresliei. coiirses aiid lill Éi'aiiiiijg iY¢re rggularly offered by Ille rniiseiim's Lead Front of House voluilteer, Caroliiie Rosier. I"Ii¢ Adiiiiiiisli'fttor, Hon. Curalor aiid Heritage Devek)pnient Officer Ntteilded tlie Heritage Trust Netlvork wJiferen¢e in Neiv¢astl¢-Iipoii- Tyiie. The Mliseiin) siibmitled a response to the Museiim Developm11 Neliyork Skllls Needs Survey in March 2024, witli an ass¢ssJneiil of oiir troiiill)g priorities for the nexl ttvo y¢hrs. Vlslloi. s¢i'vle¢s Visitoi. niiinbers in 2023-24 increased by approximalety 300A over the previou5 year. Between l Aprll 2023 and 31
NORTH CRAVEN BUILDING PRESERVATION TRUST LIMITED 'rRUSTEES REPORT (INCLUDING DIREI CTORS REPORT) ¢OR THE YKAR ENDED JI MARCH 2024 March 2024, we iyelcoined l 0,927 vlsitors (2022-23: 8,465) to the fvAuseiim ofNorth Crnven Life. incliiding 1,088 iiiider 16s {2022.23.. 852). A fiirlher eslinialed 31,952 visil¢d the ix)ilding as Coffee House c1151omers and 320 for ¢v¢nls organlse<l on the preniises. Approximately I1.2IX) visilots en8aged wlih Ihe website and social ni¢dia during ilie yenr. Tlie Miiseuiii closed for T¢i)ovalions from 18 Dcceinber 2023 to 8 April 2024. Tlie Inu8cuni ivas oilierwise opeii fKoii) Tiicsday lo Satur<11i y for 25 hoiiK5 1)er ivcek. Opening houts were lo I1'.00-16:00 daily ¢xc¢pl SiindHy and Moi)day ftn(I 11)e Museiiin also held r¢£ular evening events duriiig the ye&r. RestThi'¢li Tlie Miis¢iim agreed to establisl) Ille Craven Woodl&iids Resear¢li Group, led by voluiileer Keli Timi)Is, And be8aii by developing A vislon and mlssion stalwnent. A 3D visuAlisntlon of tlle Craven Helfey jiig was produced by Jared Hblsby of Stageporl. VOLUNTEERS Tlie Triisl l)ad 74 voliinleers on ils roster during 2023-24, of whom 37, excluding ITii$lecs. Ivere re8iilarly a¢liv alteiidiiig al least oli¢¢ A week. Approxliiialely 3,9001)ours of voliiiileei. hell) were ttcelved diirlJ)g Ili¢ yenr, ex¢ludlhg liiiie glveii by Ihe trustees. Volunleeis benefiled froin in.house IraiiJii)g and iiiettloTliig and a range of irAiiiiiig eoiii'ses provided oiilinc by Miiseuiii Developiiienl Yorksliire. Moi)11)ly nieellngs of Ilie Volui)leer Operfilions Teaiii (VOT) Ivere lield Ihrouglioiil Il)e year and ii)Iniiles ivere received by Ilie Bonrd of Triis(e¢s. Mrs Carolliie Rosier arraiiged visils for voliiiileers lo Sliibdeii HNII, Nidderdale Miiseum ab)d Bolling H*ll. The Miiselitii also liosled 8 suminer gardcn PaTty lo celebrale Yorksliire Day, a Tivclfth Niglil parly and alieriiale Ii'aiiiliig niid so¢ial evenls weekly diirlng the closure i)eriod. 'rii¢ volui)l¢er leai)I coniliiiied lo expfind, wllh consid¢rablc PTogress diirlfis Ilie year 01) lild lisliiig iiew Acqiiisllioiis, ¢&lalogiili)8, iijvemlory and object pliologrnphy. A dozeji resear¢li enqiiiries were record¢d aiid ¢lglil researchers booked visils lo coiisiilt ¢ollectioii Ilei)Is' Iliese were ftll facililaled by the voluiileer l¢ai)i. Voliinleers ATid staff iyorked oil exhlbilion resear¢l) atid develoi)Inent for th¢ 'Mappiiig Norlli Craven, aiid 'A Life ii) Lellers, exliibilioils, fis ivell As on the conii)iunlty ¢nse exliibilions in Ilie Main Hall. A voliinleer groiip begaii to foriniilale plans foi. re8iilRr giiided loiiys of Tlie folly, Iii¢liidiiig tours for yoiiiiger audiences. to begii) in suminer 2024. PROJECTS ContliiiilDg Gi'Aiii fiiiii¢le(I PYoJtet8 Ai'l$ Couiicll Kn%lffiiid•s Mvs¢um slxtej And Development (MEND) fi und Folloiyiiig wiiipleilon of Plias¢ I work lo repRir Ihe lower arcl) at The Folly, a secoiid payiiieiil r¢quesl i¥as nillde in Jiine 2023 for £108,000 (40% of Ilie lolal granl of £270,501). Tliis enabled wo$ dclail¢d in Ilie Buildiiig Preservalioii Aclivllies seclioii below. Ai'l Ilunil RelinAglne Gi'fint Work coiilinyed on 11)e Reiina8in¢ project ivilh Art Fiiiid siipporl of £50,000 to coiiiplele fi project lo digilis Calnlogiie aiid repackage the Horner Pliotogrupllic Sliidio Colleclioii iiiid¢r the dire¢lion of fre¢li111¢e coilsiiliaiil Dr DHn)l#n Hiiglies. I'lie pKoJeei allrAcled several iiew voliiiileers duriiig Ilie year, Ivl)o received lyaining Iii digiilsailon, researGli and calalogiiiiig• ¢nabliii8 ilie project lo make excelleiil progress. Wlll) pei'niissioh froin Ili¢ n<l¢r, Ihe projecl ivas extended by Ilire¢ nioiiilis lo Deceniber 2024 so Ihal WOTk Could be COOTdiiialed willi Ilie Dyiianiic Colleclioiis slaff leain, Neiv Pi'ojects Slai'llng iii 2023-24 Ai'ls eouiicll Ei nglniid Uiilocklllg Collectlons grnnt A graiil of £1 00,000 froiii Arts Council Englwid alloivs Ihe Museiiin to increase coiiimunlty eiigageinenl, fiindiilg # hyo-year Coininiiiiily CLiralor posl aiid supporting volunleers lo work wilh tl)e wider Craven coinniiiijity to cNptui iiiforinalioii Rboiil Ilie ¢ollections doi)aled siii¢e ihe niiis¢um ivas fouiided in 1976, aiid lo gallier local knowledge, skills, bellefs hnd language Ilial illiglit otherwise be lost.
NORTH CRAVEN BUILDING PRESERVATION TRUST LIMITED TRUSTEES REPORT (INCLUDING DIRECTORS REPORT) FOR THK YEAR ENDED 31 MARCH 2024 NLHF Dynanilc Collections CrAnt £250,000 froin Nalioi)al Lottery H¢rilag¢ Fiiiid iyill be iised to transforni th¢ uiid¢rsiandiiig of the Museiiih of Norlli Craven Lif¢'s colle¢tioiis. Tlie fiindiiTrg ivill ei)abl¢ a series of projects over the next thrce years, focused on bett¢r doeuinei)tii)g, Iinderslanding aiid ¢xplainiiig Inor¢ Ihaii 20,000 objects held by Ihe iiiiiseiiin. With tlie ai)poinlii)ent of a DocLI(neiitalioi) orricer in Jhnuary and a Collectioiis fvlaiiager in March 2024, IYOTk b¢8aii, Ivilh lielp from voliinteers, on a coinplete aiidit of Ilie collections. fiinded 11)rougl) Ille NLHF'S Dyiiaiiiic Colleelions scl)eine. The Iiiliseuin is aiming io encourage peopl¢ across North Cravcn to add vital iiiformatlon to tli¢ records of everytl)ing that hfts beeti ¢olle¢ted lo dale Niid to iiiidetstaiid wliy it ivas iiiiporliiil lo the donors tliat these iteins should be saved for posterity. MDY SMAII GrAnts 2023 A grftiit of £800 eiiabled the Hon. Cui'alor, Adiiiinistrator aiid HLYitag¢ D¢velopin¢iit OtYiceT to attend Ili¢ H¢rilage Triist Network coiif¢r¢i)ce, lleld iii NeivcAstle, 15-17 Oclob¢r. Tlils ivas of particulAr relevhTiC¢ in liglit of the acqulsiilon of Ilie fornier NatWe5t Bank (Dr Biick's House) as tlie coiif¢r¢ii¢e Included sessioiis on VAT for i'¢iiovalion of listed blilldings And hlgli streel re8ei)eralioii projeels and provided opporlunilies lo Ine¢l ¢oll¢agiios froiii oll)¢r BPTS. Hlstoi'le Houses fioiindthllon Tower Roof R¢pnlrs As A Irsuli of ati etllergeiicy apijenl, 14HF allocated £10,800 to hssisl ivilh reroofing 11)¢ fi olly toiver. ¢iiftblin8 the Trust to take full advantage of the scaffoldliig in place as part of Ilie MEND repair pro8raniiiie. ROYAI So¢l¢ty (Pln¢es ofsckne¢ 2024) BuildS118 01) Ihe siiccess of Ilie oiie day feslivftl Ground Nest Fest lield In April 2023, 111¢ Miiseuin ivas awni'd¢d 8 gi'aiil of £3,500 by The Royal Society. Working iviill Wild Ingleborougli and Ilio Yorkslilre P¢al Parti)ersl)ip. Tlils fiin(liiig was iised lo plan. proniole and deliver Grouiid Nest Fesl 2024, a iYeek.10118 fesllval of &¢ilvllles to be held iii Aprll 2024. Il¢i'ltage Cojnpnss Coiiiniiinlty gi'mnt £5,000 ivas fiiyarded folloiyiilg Ali application by the Heritage Developnieiit Officer lo re¢rLIII a lTre¢laii¢e Markeliiig Associate for 40 weeks at O. I FTE. Amy Lord was appoiiited aiid11fis provided advice oiid assisll& nce oil PR ai)<l so¢ial medla, fts well as holi) Ivilli (ksigiiliig niArkeliii8 ¢ollaleral. BUILDING P1 SERVATION ACTIVITlfi S Tlie fiolly Iii Jiine 2023, 11)e second tr&nche of the £270,501 award froni Arls Coiiii¢il EnglaEid's Miis¢iii)i Eslfiles 8iid Developm¢i)t (MEND) Fiind ¢iinbled fiirllier progress oil iirgejil r¢p8irs idenlified iii Ilie 2021 Coiidilioii Repoi'l, ACE agreed that Proje¢l Pliases 2 aild 3 coiild be reconfigiired lo enable all exleriial ivorks lo be conipleted iii Ihe Spriiig ai)d Siiintner of 2023, and inleniftl works lo be iiiiderthkeii belw¢en Jaiiuary and Marcl) 2024, Ivl)ich re(luced Ilie overall s¢affoldiiiB costs, briiigiiig Ilieni ivilhin the allocated biidget, Ivhich had beeii affected by iiiflalion. S¢affoldlii8 lo the soiilh gable, toiver and Tear eleyalioiis ivas erected in lyl¢ 21 March 2023, eiiabllhg ilie biiil<lers to gain acc¢ss aiid allowing staff to iiiak¢ A pholographic record of the iiref?s in need of repair. Rakiiig oiil of cemeiilitioiis Inortai, and repoiiiliiig the lower, IIK soiitli gable ivalls aiid parts of the easleii) el¢vatioii willi a lime niorlar ihix approved by Histori¢ Englaiid ivas followeil by exl¢i)sive repairs to pArt of ili¢ $oulh g4bl¢ roof, and an overllaiil of rnii)Ivaler goods. The reiiiaiiidei. of tlle ivork on Ilie interior, poslpoiled from Phase I, begaii ivilli decantiiig obje¢ls oIi display lft 11)¢ Miiseiiiii lo storage iii Dr Biick's Hoiise, Ivilli renioval coordinal¢d by Harrow Green Ltd. Ivho also Ira175POrted tlie Inosl viilnerable obj¢cts to their se¢iire store for tli¢ duration of Ilie work. We are grnlefiil to the large gioiip of voliinte¢is ivho assisted ivilli listin& iYrRppiiig and boxiiig nialerial in mid-Deceii)ber prior lo the n)ove. Tlie Miiseviii closed on 18 Deceii)b¢r aiid reinAined Closed Liiilil 9 April 2024 lo allow the Contractors, Woodsbiiild Hei'itage. to sli'ip out defective gypsum i)last¢r on all three floors of Ihe Soiiih Range and on the east and soiilh walls of tlie toiver, Ivliicl) wei'e rei)loslered ivilh haired lini¢ and liineivashed. Removi11 of tlie plaster exposed tlie putlog holes and a hiilierfo UT)kiiown fliie iii the toiver and reihnanls of ali earlier fiyeplace in the Parloiir. This pliase of the project overran and the MITseuih Ivas iinabl¢ to open a5 plsu)ned before Ilie eiid of Ihe financial year.
NORTH CRAVEN BUILDING PRESERVATION TRUST LIMITED TRUSTEES REPORT (INCLUDING DIRECTORS REPORT) riOR THE YEAR ENDED 31 MARCH 2024 Deiidro¢hYonology Iiivcstigalions were uiiderlaken by a team from Historic England Iliree sei)arnte occasiolis during Ilie year. Felling dal¢s of1676-77 iyere eslablislied for timbers thrixighoiit the buildii)g, confinning11)at all Iliree sloieys were conslriicl¢d in a sittgle phase. Ii)conelusive results ivere obtained for Ihe timbers in Ilie ioiver aiid furtli¢r Iiivesligatlon is plaiined. Zlon ClIApel, HAII, Cottfige & Mfvii8¢ Tlie Piojecl Board coiiliiiiied lo discuss plans for lh¢ Zion complex. Archilecls James Wignall aiid Bradley Moore rai) a Coiiipelilion for heyilage organlsalions ivishing to r¢ceive planiiing advice, in iyliicli the Zioii projecl ivas Ilie I'iinnei'.up. Folloiving a vlsil aiid a rcpoKI oil feedback fyoni Ihe jiidgii)g paiiel, il ivas decided lo aiiiAlgNIM&le i)lans fo redevelopnieiit of Th¢ Folly aiid Zion Iiilo a single, large-scale proje¢l, willi Ilie sugge$lion th41 Ihls Could be of ii)teresl lo NLHF if sufficient iiial¢h fiiiidiiig could be se¢iired. Willi a gei)¢rous gift froin DeL>i Eliirridge In nienjory of li¢r late hiisbaiid Roy Gillson. Ive ivere able to coi)Iii)Issloi) a report oli Ilie Zioii organ. Wilh assislfii)¢e fron) Ben Spiiilders, Director of Muslc for Ilie Diocese of l.ecds, Ive weie able lo arrangc foi. Willi1¢ 11) M¢Vi¢k¢r. orgaiiisl of Ihe ROYHI festival Hall aiid ali aiilliorily on orgaii r¢sloralion, to CHI'ly Out the SLirvey aild the coiiseiisus is thnl Ilie organ is worlli preserving as w) aliliosl iiiialiered exainple of G¢org¢ B¢iisoii's work. Botli oiganisls ¢oiiiin¢nled oix the Cliapel's superlaliv¢ acoiistic. Tlle gi'ounds conliiiued lo be r¢Biilarly n)Aiiilaiiied by oiir voliinleers aiid roisliiie iveekly liispe¢tioii of Ilie buildliigs coiilliliied Ilirou£hoLIt Ilie year. Voliiiileers coiiliniie lo Assist willi cleaiiiiig. The fans aiid dehiiiiiidifi¢Y have liad a slgiiificai)l effe¢l iii reduciiig Ili¢ relhlive hiiinidily iyilliin Ilie Cliap¢l. Di. Buck's House We coniyleied Ilie piirchfise of the Grade11 lisled forjner Naiwesl Bftiik, Market Place. Seltle on I l August 2023, tliailks lo a siibslai)ti&l gift from an aiionyinoiis doiior. Tlie biiildiiig, A mercl)Nnl llouse buill arouild 1787, lias beeii eiiiply foi, a Iiuiiiber of yea15 aitd Is iii need of resloraltoil. We successfiilly applied lo li&ve it reiinmed fis Dr Buck's Hoiise IJ) l)01)oiir of Ils formei. owi)er, Dr Cl)arles W. Buck, Ivliose frieiidship with Sir Edivard Elgar is coi)iiiieniornled by a plaqiie oil Ilie ¢xlerior of Ili¢ biiildiilg. Attempts diirliig Ihe year lo secure fiiiiding for the first round of J'epairs lo Ilie exlerloi, were unsiiccesyfiil. Contscl ivfis lilade ivill) Il)e o¢ciipAiils of Ihe neiglibouriiig properties, Inftiiy of who visited diiring Iwo opeii l)oiis¢ eveiils. Tlie Triisl issiied ali ii)vlifilion to diwiiss any areas of colirI), bLlt the Irai)sfer of oivnei'sl)ip lo NCBPT was iYel¢onied as issues aroiiiid parking Aiid access had already been addi'essed. Truslee G¢d Beni) provided iiivaliiable lielp ivllli opeiling up wovks, elearii)g debri5 aiid niaklng safe tlie area ivliere a Inoderii siaircase l)Ad been renioved, He Also geiieraled over £900 for Ihe developn)eiit fuiid 11)roiigh Ilie sale of scrap iiielal salvaged fi'oiii tlle house. A series of siirveys, illcliidliig Asbestos, pliolographic, siriicliiiBI fiiid M&E i¥¢ro und¢ilaken lo pi'epw Iiiforiiilllioii for fiilure fui)diiig bl<ls. An onliiie cainpaign has been sel lip lo ei)courage donAIioi)s 8nd will be iliore wldely promoled otice inilial gi'aiit Is secured. Plai)s have been draivn up for Iliree ApailiMei)l$ on the iipper floors, will) a i)I118eiiii) galleiy, I'elail ai)d comii)unily space on Ilie groiind noor, Ivilh Ilie foriiier baiik vaiill lo be convei'led Ii)lo secure $loi'age for the WR Mitcliell Arcliive. iti collaborfilioii willi Sclll¢ Stories. ILxleYnnl eohta¢ts Joo Iliissell, Senioi, P.coiioii)ic Advlsor to North Yorkshire CoiinGII, vlslled lo dlsaiss the redevelopinent of Dr Biick's Hous¢ in Jaiiiiary 2024, Meiiibers of PLACE (People, L&iidscape aiid Culiural Enviroiimeiil of Yoi'ksliire} base(l al Ilie Uttlversity of York St Jol)ii were given a lour of 81111)ree propertles by tlie Chaiy in Marcli. Tlie Heiilage Developii)eiit ole¢r represei)led the Trusl al the Warp aild Weft Settle CoininLlI)ity Engag¢iMenl evei)t In Marcl) Hi)(l iipdllles 011 Ilie Tiiisl'5 a¢livilies ivere preseiited at ft meeliiig of tlie Sell1¢ Toivn Couiicil. Iii Marcli 2024, Ilic Cliair hosled A visil by Micllael Giiy, receiitly tlppoiiiied CEO of Herilage Trusl for Ili¢ Norlli West. Olliet, ell¥ll1e8 An ii)leraclive vlsiiolisalion of no. 31 Victoria Street Iyos produ¢¢d by Siagepo¥l. The buildliig, Iviil) Ils last ieniftliiiiig ¢xan)ple of a working yard And oiilbiiildiii85 of a type oiice eon)n)on in Upper Settle, were recorded prior lo a plHiine(I Yedeveloi)i))¢nf, A silmilar iiileracllve was prodiiced for tlie Zioii Chapel. THE GARDENS Tlie folly aiid Zlon Cliapel garden8 ¢onllniied lo bl¢fil from voliiiileer attei)tioi), ai)d ii) Augiisl 2023 the gardei) al Dr Biick's Hoiise was Added lo Iheir iyorkload. Tlie leiim led by Ged Beiiii Aiid Dave Freer provided api)roxiiiialely 700 volui)teer lioiiys duriiig Ihe year, coiiliniiiilg ivilli garden niaiiilenAiice and iiiii)rovei)ienls, Geiieroiis donations of plaiils by volLillleers also iiiiproved tlie qunlily and variety of pkniling ii) all Ihree gardens.
NORTH CRAVEN BUILDING PRESERVATION TRUST LIMITED TRUSTEES REPORT (INCLUDING DIRECTORS REPORT) FOR THE YFAR ENDED 31 MARCH 2024 Folly Gai'cleii Tlie garden behlnd Tlie Folly provides a qiiiet, sheltered spa¢¢ for visilors lo eiiioy, Ivilh outdoor tables aiid seating for Coff¢e House ¢iistonicrs. Work continiied on improving paths during th¢ year. Tli¢ voliinleer leam iver¢ r¢$ponsibl¢ for pi'uniiig t¢ees and sl)Kiibs. planliiig annuals and p¢r¢nnials, n)ainlellance and paintiiig of the timber fiiri1ilu and decking, repoits to pnlliivay8, and iieiy plai)Ilng schemes. Work to furtlier reduce the holm oak was UllderlHk¢J) by external ¢oA)Iractors. Zloii Gapd¢ii Tlie Zioii garden, incorporaliiig Ilie Chapel graveyard, has be} carefully lendeil by Il)e voliiiileers diiring the y¢or, iiicludiiig Ihe plai)tinB of floiver beds, Inaiiileiiance of a iyild flower area, clearaiice of scriib at Ilie rear of the Hall arid ¢leanii)g and tidying the grnveslones. Coiincillor Wendy Hull, occupanl of Ili¢ Old School Hoiise n¢xl lo Ilie Zioii Chftp¢l kindly orgaiilsed roiiliiie slrimiiiing of the grass at the fr1t of Ilie Zion Chap¢l during the year. Dr Biick'J Hoiise Gai'deii Aftei. fiv¢ years of ne8le¢l, the gardeii wa$ cleared of ivy And brombles tliroiigh the hatd ivork and dedicalioii of aed Beiin aiid hls colleagiies. Tl)¢ apple ai)d pear trees ivere pruiied hiid provided a crop for use In 11)¢ Coffee Hoiise kilch¢ii. Tlie loilg 8rass ivas slriiiiin¢d and Ili¢ flower beds at th¢ froiit of the property ivere ¢l¢ared and replanted ivilli Aiilluals lo pIDvide soiiie coloiir. SUPPORTERS, GROUP Tlie Noi'ih Craveii Biilldi118 Preservallon Trust supporters, gmup IiRd 33 subsrAib¢rs in 2023-24. Tlie ¢-n¢iYsldiei', Tlie Folly A,IoJi¢1e, appeared pti livo Issii¢s (luriiig Ilie year, Prinl¢d coi)ies iver¢ avttilabl¢ 10 ¢hos¢ siipporl¢i's ivlio iiidicated Iliis as a prefereilce. Men)bers ivere Inviled lo allend exllibilioi) lauii¢hes Iliroiighoiit tlie year ai)d beii¢filed froin discouijts oi) tickets prices for events. After extensive consul11011, Il)e de¢isioi) was toket) hl Ili¢ Nov¢iiiber Board Ineeliiig to r¢lHiiii¢li Ilie group as 'Friends of The Folly,, responding to feedback from Ihe siirvey ¢oii(lucled iii Ilie previous yeftr. Tl)¢ Board agreed to piircliasc the Membermojo Ineinberslitp niai)&gen)en¢ syslein, lo b¢ a<lminister¢d by Ilie Accoiiiils Clei'k, and a laun¢h ¢v¢nl lield in Marcl12024 allrncled 40 Jneinbers. COVERNANCK Plniiiilttg Api?Il¢fitloJ)s Tlie Trust ivill ¢oiiliiiiie lo be alert foi. oppoyliiiiilies to i)reserve herilfige buildiii88 llt rlsk aiid lo respond lo plniiiiiiig applicalioiis Ilial ar¢ feli lo have detriineiital impli110n$ for listed buildings aiid coiiserynlion areas. No new objecllon5 iyere lo<lged duriiig Ilie yeRr. Ti'ii8t¢¢ Recriiltiiieiit The ljoard's progi'ainnie of acilve itcrulliiieiil for spe¢ifi¢ skllls resulted in the appointi)?eiit of one neiv Iriisle¢ iviih experieIice In Inniiageinenl. SLisl&inabillty, 8oven)ance and the i)aliiral enviroiiinenl. We conliiiued to seek Iliose ivilh skills and ¢xperien¢e ill IT, HR and Gr4pliic designlmarketiiig. SI'IIUCTURE, COVKRNANCC AND MANAGEMCNT Th¢ conipaiiy iyas illcori)orated uiider Ilie Coiiipanies Act on 24, Jiine 1978 {coii)pany nuinbei. 01265072), The OI)IPgny Is a private coiiipany liiiiiled by 8ithrantee and does not have a share capital. The li&bility of eftcli Ineii)ber is Ilmlted to an amount not ¢x¢eeding £5. 'rhe compai)y was registered ws a ¢li*Tity on 2 August 1976 under the provisions of the Cliarities Acts {cliarity niimb¢r 505438). Willi fiitidiiig support fron) M115euni Developineiit Yorksliire, Ilie compwiy's Memorandum aiid Articles of Assovialion were rgvi¢iYed aiid updated and Ilie amei)ded Articles of Associalion iv¢re adopted by Si)e¢ial Resolution 011 17th Oclobey 2017.
NORTH CRAVEN BUILDING PRESERVATION TRUST LIMITED
TRUSTECS REPORT (INCLUDING DIRECTORS REPORT)
FOR THE YEAR ENDED 31 MARCH 2024
The friistees, Ivho are also Il)¢ direclors for the piirposc of compaiiy laiv, aiid iYl)o served diiring Ille year and lip lo Ilie
dale of slgiiftlure ofilie fiiiaiicial stateii7ents ivere:
Mr G P Beiin
Ms E R Coiilihard
Ms P Dorai)
Mr S P GArl
NORTH CRA¢ N BUILDING PRESERVATION TRUST LIMITED TRUSTEES REPORT (INCLUDING DIRECTORS REPORT) FOR THE YFAR ENDED 31 MARCH 2024 Tlie Iniiseuii) r¢criiited livo iieiy fiill-tin?¢ members of staff ivilh Dynainic Collections fiinding froin NLHf. Dr Rebec¢ll B¢nnion joined us in Noveiiiber 2023 as Do¢uineiilalioii oificer aiid Mr Carson Murphy it) Marcli 2024 as Collectioiis Manag¢r. Line iiiallageinenl is provided by Dr Greeniyood. Tlie Trust einploys a part-time book keeper. Mrs Wendy Neivhouse. During lh¢ year, diie to ali ij)cirasliig finailcial workload, we recrull¢d an accoiitits Clerk, Mrs Kaihryii Ri¢hafdson. Their line nianag¢r is 11)e Hoiiorary Tr¢astir¢r, Mr Ricliard Greeiilialgh. Mrs AnBelH McEivai) coiilinued as retail associAte for oiie day per week to asslst ivilli Ihe coitti)ier¢ial &spe¢ts of Ilie Miiscum Sliop, supervised by tlie Hcrita8¢ Developineiil Officer. NCIIPT'fRADING LTD NCBiyf Trndiiig Lid, (Conipaiiy niin)ber 10906515), the ivholly oivned subsidiary of Ihe North Cr&vcii Biilldliig Preservftlioii Triist Ltd., Ivas eslablisl)ed on 9 Au8llSt 2017 lo manage all Iradii)g Activity iindertaketi to rnise fiinds for Ili¢ Trust. Dlrcclors of NCBwf Trndiiig Lid as of 31 Marcli 2024 ivere: Mr Ricliard Greeiillalgl), Mr Nlgel Hoiyard aiid Mi's Henlher Lane. Mr Greeilhalgli aiid Mrs Laiie ivere, as of 31 March 2024, also Triisices aiid directors of Norlli Craveii Buildiilg Preservalioii Triisl Lid. Ivitli Mr Hoivard acii118 as ali indepeiiden¢ director. NCBPT I'rading Lid Iiad a liiri)over for 2023-24 of £218,795 (lo ivlii¢li tl)¢ Museuni Sliop coiilribiiled £14,171) ¢oinpaTed iyith the pr¢vious year of £182,223, Ali iiicrease of 20010. In May 2023. Ilie Folly Coffee Hoiise iv8s npined Mu5eiin? Café of Ili¢ Year al Ihe Miiseiim + Heritftge Aiydrds. Ciisloii)er tiiiiiibers recorded via the Coff¢e House till Ivere 31,952, ¢oiiipnred willi 31,126 in the previoiis year, an iiicrease of 2.70/th Speiid per liefid ivas £6.85, lip fi'oni £5.85 in 2022-23. Tliere was iio grailt SilPlKirl diiring Ilie year ftnd, Ivllli risiiig Inflnlioii find ali ii)ci'ease in Ilie iniiiiinuin ivage, NCBPT Troding Ltd niaile ai) overall loss of £18,648 and consequeiilly ivas iiiiable lo iiiake a coiilribulioii loivards the Income of the Triisl, ITINANCIAL REVICW rtliiinclnl r¢vlow The resiills for tlie yeai. shoiv a surplus of £515,733 after adjiislments for granls received iii 11)e yeAr of £371,296 Aii(l an inii)&irnieiil ¢l)41'ge of£108,432 as H coi)sequence of ¢l)e revaliialion of piDpeity. Tlie comparalive figures for Ilie previous yeor ivere an overall siirpliis of £294,750 r¢staled)* eqiiatiiig after adjiistiiieiil for graftls of £335,517 lo An opei'aling loss of £40,767 (as restftled). Total fiiiids carried for%vard are £2,651,538 (2023: £2,135,805 as reslftted), coillprisii18 £1,600,303 of uiireslrlcted fuiids (lJ)¢liidiiig the valiie of property aiid fixed assets ai)d a desi8naled fund of £115,000 for Buildiiig Developiiient) and £1,051,235 of reslyicted funds. Res¢i'v¢$ pollcy It is Ihe policy of the eh11 rity lo maintain free reserves l.e. unr¢slri¢ted fuiids, excluding laiigible fixed assets aiid deslgnaled funds, at a level i¥lii¢h equllles to approxiinalcly six Imonilis unrestricted expendittire, plus tsyo nionlhs expendiliii'e of ils trHdiii8 subsidiary {Ininimiini £55,OCK)). This sliould provide si11Clent fiinds lo ¢ov¢i' Iiiifor¢5een day to day op¢r4llohal cosls, ollier uiiexpecled cosls, any anticipated operaling10sses aild Ilie possibl¢ re¢¢ipt of fiiijding In ai'rears. These free reserve5 iyere iised iii part lo in¢¢1 a shorlfall in stalf5alari¢s. Tlie IrLlSte¢s maiiilain A destgnated reserve flind {¢iirrth)tly £115.000) for ui'geill expeiKlilure on building repair aiid developixenl. Soiirees of Income Tlie principlll fiiiiding sources for tlie Ti'iisl Conliiiiie lo be grnnts and iticoiiie from i'ental properties, eveiits aiid rooi)J liii'e. Gift Aid is also claimed 01) donations. Admission f¢es ivere again i¥aived diiriilg Ilie year to en¢oiir8ge footfall, re5111ting iii inii)roved secotidary spend and donatioiis. Income iM&y also be derived fi'oiii aiiy surplus geiierate(I by oiir trading siibsidiary, NCBwf Trading Ltd., Ivliich manages the Folly Coffee House and the Miiseum Sliop. A strategic obJe¢llvc of the Trust is lo iiicrease sigiiificRiilly Ili¢ income derived froii) tl)e various activities tliat take place witlilii The Folly, or organi5ed Ali exteriial veiiues, such Ilial Il)¢ Trust will becoine fully su51aiiiable.
NORTH CRAVEN BUILDING PRII SERVATION TRUST LIMITED TRUSTEES REPORT (INCLUDING DIRECTORS REI PORT> IOR THE YEAR ENDED 31 MARCH 2024 Rlsli InAiingemeJit The Trustees have assessed the Inajor wisks to wliich ihe cliarity is exposed, in parliculhr those related lo Ihe operations and fii)ance ofihe CS)arilable trust, nnd are 5alisfied Iliat sysleims are iii place lo rnillgale exposure lo ihajor risks. A risk regislei. is Illaiiitaiiied and ievieiyed bi-lnonllily by Ihe Trusiees. AUDITOR Clianipioi) Aecoiiiilaiils LLP are deemed lo be re-appoiiiled linder seetlon 487(2} of Ihe ConipAnies Aci 2006, DISCLOSURIL OF INFORMATION TO AUDITOR Eacli of Ilie Iriislees has eoiifiriiied 11)Hl Iliere is no iiiforinalion of whicli 11)ey are awai'e ivhich is relevaiit to Ilic aiidit, bill of wliicl) Ilie Aiidilor 15 Iinaiyare. T51ey llave fiirther confirihed Ilial Ilicy liave lak¢i) appropriate slei)s lo Identify sucli r¢levaiil ii)foi'i))filioii aiid lo establish Ihal Ili¢ auditor is aivare of siicli ihfornimlioii. Tlic Iriislees, report ivas Approved by Ihe BoArd ofTriistees 01123 Septa)Iber 2024. Mrs H E Lane (Chalrj Triisl¢e 10-
NORTH CRAVEN BUILDING PRESfRVATION TRUST LIMITED TRusfEKS REPORT (INCLUDING DIRECTORS REPORT) FOR THE YEAR ENDED 31 MARCH 2024 TRUSTEIS, IIESPONSIBILITIIIS STATEMEIYT The TnTSte¢s (wllo are also the direclors of North Craven Biiilding Preservalloii Trust Lliiilled for the piirposes of ii)pany IAIV) 1< responsibl6 for prepftring the Triislees Annual R¢port and lh¢ fiiian¢ial slatetnenls iii accordance with applicable laiv aiid Uiiiled Kiiigdoiii Accoiinling Siandards {Uiiited Kingdoni Generally A¢c¢pied Accouiiliiig Pra¢tice). Comphiiy Lftiv reqiiires the triislees lo prepare financial statements for eacli financial year wliicli give a Iriie aiid fair vleiy of Ili¢ slate of affairs of Ili¢ Irusl and of Ihe ii)co)ning resources aiid ftpplic81ion of resources, IAi¢luding the incoine and expeiidlture, of tho charitable ¢ompany for that year. li? preparitig these finallcial slateiiiei)Is, Ihe Trustees ire required lo: select sultAble accoiintiiig poll¢ie5 and Ihen Apply thn coi)sislently. obs¢rve the iiieiliods and pTlnclplc5 iii Ihc Charilles SORP. moke judg¢iii¢iJls aiid aQuili11)S esllmales tlial are TeH$oi)able wid pdelI1. slnle ivlielher appllcabl¢ UK Accoiiiiliiig SlaiidArds have been folloived, subject lo any Inat¢rial departiires disolosed aiid explAiiied in 11)e fii)an¢ial slalen)ents: aiid prepare Ihe fiiiaiicifil statements on Ilie going concern basis uiiless it is inai)propriote to presiinie tliat tlie cliarity Ivlll continue iii operation. The triistees are responslble for keeplng adequate collI)ling records tliat disclose ivilh reAsoiiable Accuracy al aiiy tiine tlie fiiiancial posilioii of the Iriist aiid enable Ihei)) to ¢iisuYe Ihal Ilie fJiiaii¢ial s181cinenls coinijly ivltli th¢ Compani¢s A¢1 2006. Tliey are also i'espoiisible for saf¢giiftrdi118 Ihe assets of ihe Irusl and hence for takii)g reasotiable steps for tli¢ pi'eveiltion aiid del¢clioii of fraiid piid otli¢r irr¢giilarilles.
NORTH CRAVEN BUILDING PRESERVATION TRUST LIMITED INDCIPENDENT AUDITOR'S REPORT TO THE TRUS'fEES OF NORTH CRAVEN BUILI>ING PRESERVATION TRUST LIMrrED FOR THE YEAR ENDED 31 MARCH 2024 OPINION We have aiidited Ilie financial statements of Norlli Craven Building Pieseryalioii Ti'iisl Liniiled (Ilie 'pnr¢iit ¢iility') aiid ils siibsidiiry (tlie 'groiip') foy Ilie yeu elided 31 Marcl) 2024 ivliicli coinprise Ilie Consoltdated Staleilienl of Financial A¢tivili¢s, tlie Consoli(faled Balajice Sheel, Ihe Triist's SIAleiiienl of Finftiicial P05ilioii, Ilie Coiisolidpled Slalenient of Cash Flows, tli¢ Triisl's Staleinenl of Cosl) Floiys aiid Ihe iiotes lo the fiiiaii¢ial 51aleihenls, Ii)¢liidiiig a siii))Inaiy of slgi)Ificaiil accouiiliiig policies. Tlie fiiiaiicihl reporliiig framework Ilial hhs been npplied iii Iheii. i)rep8railon Is applicable laiy and Uiilted Kiiigdom Accoiinling Slaiidards, incliiding fiiiancial Repoi'liiig Slandard 102 The Fii)aiiciRI Reporting Siaiidnrd applicable ii) Ilie UK lliid Republic of Irelaiid {Uiilled Kiii8doin Getiernlly A¢¢ept¢d Aceouiiliii¥ Practice). li) oiir opli)ion, Ille fiiiaiicial slalenienls: give a ti'iie and falr vieiv of Ihe slftle of the Tnisl's aiid Group's affalrs as al 31 MArch 2024 aiid of Ils incoiniiig I'esoiir¢¢s niid appliealioii of resources, iiicliidiiig lis Iiicoiiie Aiid expeiidiluy¢, for Ilie year Ihehi ended. Iiave been properly prepared in Accordance willi Uniled Kingdoin Generally Accepted A¢¢oiinliiig Pra¢lice' attd l)av¢ be¢n prepared in •ccordllnce witli Ilie r¢quiremwil8 of ihe CoA)Ipoiiies Acl 2006. IIASIS FOR OPINION We condii¢ted oiir aiidil in aecord&iice iviih Iiilernalioiial SlandRrd$ oil Audiliiig (UK) (ISAS (UK)) aiid appli¢able1o1v. Oiir respoi)sibllilies linder Ihose sl8iid8rds are fiirtlier des¢rlbed in 11)e Audilorfs r¢spoiisibililie5 for Ille aiidil of the fiiiAnciAI slalei)iei)Is section of oiir report. We are ii)d¢peiideiii of tl)e Trust Iii accordance willi the elhl¢al I'eoiiireinenls Ilial ar¢ rel¢vaiil 10 Ollf Aiidll of11)e finai)¢ial slaleineiiis in Ilie UK, incliidiiig Ilie FRC'S Elhlcal Standard, ai)d we linve fiilfilled our ollier elliical respoiisibilliies iii accor<laiice ivllh Ihese requiretneiils. We believe Ilial tl)¢ aiidil evldeiic¢ we liave oblaiiied Is siiffi¢ienl aiid appiopriale to provide a basis for oiir opiiiioii. CONCLUSIONS RELATING TO GOINC CO]YCERN In aiidiling Ilie fiiiaiiclal slaleiiiei)Is, we hnve coii¢luded Iliai the Iriistees, use of Ihe goliig ¢oncern basis of accoiiiillii iii the pi'¢parAlloii of Ilie fiiiai?¢ial slaleiii¢ii1515 appropriAIe. Bosed on Ilie ivork ive Iiave perfori))ed, we lyave iiol idei)lified aiiy i))alerlal uii¢ei1aii)li¢s relalli)8 lo eveiils or coiidilioiis Ilifil, iiidividually or colleclively, may cast sigiiifi¢uiit dolibl oli the Iriisl's abllity lo coi)Iliiiie as a 80111¥ coiicerii for n period of al least Iwelve montlis from ivhei) Ili¢ financial slRlem¢nls are Aiillioi'ised for issue. Oiir respoiisibililies and the responslbllitles of the Inisl¢es wllh respeel lo going ¢on¢¢rn fire de$¢rlbed ii) Ihe relevAat sections ofiliis I'¢porl, OTHER INfiORMATION Tlie olliei. iiifori)ialloi) comprises Ihe inforn)alion Incliided in Il)e •niiual report oiher thon Ihe fii)AneiAI staleiiieiils fiiid oiii. aiidiloi's repoyi 11)ereon, Tlie lyiislccs are rcsponslble for Ihe ollier iiiforinailon coiilaliied ivillilii Ilie aiiiiual I'epoi'l. Oiir opiiiloii on the finni)¢ial slal¢menls does iiol Cover Ihe ollier inforniAlion And, excepi to Ilie exleiil o(lierwise explicilly slrtled ii) oiii. reporl, Ive do not express ony foTin of assiirance coiiclu5ion Iliereon. Oiir resijoiisibillty Is lo l'ead the olhcr inforintttion and, in dollig so, coilsider wllelher Ihe ollier ii)foi'niAlion is iliaterially iiiconsistenl with Ili¢ rJnaii¢ial slal¢iii¢iils or our knoivledge oblaiii¢d iii the course of tlie audil, or oihenvise appears lo be Jnalerinlly misslaled, If we ideiilify sucli i))alerial incoi)SFsleii¢ies or nppareiil liiqi terial iiiisslaleiiieihls, Ive are r¢quired lo deleriiiiiie ivl)elli¢r Iliis give5 rlse lo Inftt¢rial iiiisslaleiiieiil iii Ille fiiiaiicial slalciiienls iheijiselves. Ir, based oi) the Ivoth ive hav¢ perforimed, we ¢oncliide ihal Iliere is * iiiileyial Iiiissllllemeiil of Illis oiller iiiforiiialioi), ive ar¢ ItqLilI'ed lo report Ihal facl. We have notliiihg lo reporl in iliis regard. OPINIONS ON OTHCI R MATTKRS PRESCRIBED IIY THK COMPANIES Acr 2006 In our oplnioi), based on Ille ivork undertakeii iii11)e ¢oiirse of tlie audit,. the inforinalioii giveii iii tli¢ Tyiislees, Report. iyliicli li)cliides the Strategic Report aiid the Directoys, Repoil prepared for tlle purposes of coii)ptthy laiv, for th¢ finaii¢ial year for whicli Ihe fii)ati¢ial slaleiiieiils are prepared is consislenl with (he fii)ancial slalemeiils. aild the StYategi¢ Report aiid tlie Direc1015' Report included ivilliiii the Tnisl¢e5' Report havc been prepai'ed Iii Accord41)ee witli appli¢Able Icgftl reqiiirctneiils, 12-
NORTH CRAVEN BUILDING PRESERVATION TRUST LIMITED INDEIPENDENT AUDITOR'S REPORT TO THE TRusfEES OF NORTH CRAVEN BUILDING PRLI SKRVATION TRUS'f LIMITED (CONTINUED) Year Ei iided 31 MAI'cli 2024 MATTERS ON IVHICH ARI REQUIRKD TO REPORT BY EXCEPTIO In tlie li8111 of ille knowledge and uii(l¢rslniidiiig of th¢ triist and Jls enviroiiinenl obloined in the COilTse of Ihe audit, we i?ve i)ot ideiilified iiiaterial iiiisslatemeiils iii ihe Directors Report included ivithin th¢ Triiste¢s' Report. We liave iioihing lo report iii respe¢t of the folloiving Infttters iii r¢lalion to ivliicli the Coinpanles Act 2006 reqiiire lis to report lo you if, iii our opiiiioii: adeqiial¢ aceounling records liavc not been k¢pi, or returns adeqiiat¢ for our aiidlt liave tiot been received from branches not visited by iis. ot suffici¢iit accoiii)lii)g re¢ords liave iiol been kepl; or Ilie finftiicial stalemeiiis are iiol iii agreeiiient ivith ihe aoUnting records and reliims. or cenalii disclosures of ITiislees' remuiieration specified by laiy are not iiiade; or Ive have not re¢¢ived all the I1)fontiOn and explanations ive require for our aiidil. RESPONSIIIILITIES OF TRUSTELS As explaiiied iiiore fully iii tlie Tiiislees, Slotenieiii of Respoiisibililies, tlle Triist¢es (Ivlio are also Ihe Directors of Ihe cliai'ilable coiiii)aTly for Ilie piiq)oses of eoi)IiJany IAIV) are rcsponsible for 11)e i)repaYatiOTi of11)e fiiiai)¢ial staleiiients lid foi, being satisfied th8111)ey givt a Irue aiid fair view, aiid for siicli illlernal coi)Irol as the trustees dclcrinlne is iiec¢ssAry lo eiiable the pr¢paralloii of finaticial slalein¢iils Ilial are free froth ilialeriftl niisslaleinenl, ileth¢1' di1¢ lo fraud or ei'ror. Ili PTeparing Ili¢ finan¢lfil slalemenls, tlie lrnslees are responslble for ossessing tlie group's abllily to contlnu¢ es goiiig concerti, disclosing, as applicable, matters related lo golng coneerii aiid using tli¢ goiiig coiicei'i) basis of ccouiiling iiiiless the eillier iiil¢nd to cease operalloiis. or have no reallslic alleri)aliv¢ bul to do so. AUDITOR'S RESPONSIBILITIES FOR THE AUDIT or THE FINANC'IAL STATEiIIINTS Oiir objectives are lo obiain reasonAble assiiraiice aboiil wlielliei. Ilia finaiicial slateiiieiils Is a wliolc al'e free froni tiinl¢rial misslaleineiit, whetlier dlie lo frniid or error, and lo Issiie fin aii¢Jitor's report Ilial iiicliides our opinioii. Reasoi)ftble assurance is a higli level of assuroiice, bul is iiot a 8iiaranlee Ihat oiidit ¢oiidiicled iii accordaiice witli ISAS (UK) Ivlll aliyays detect A niaterlRI Inisslalemenl wl)eii it exlsts. Misstalcnienls arise froiii frftud or error and are coiisidered material if, indivldiially or in tli¢ nggregate, Iliey coiild reasoiiably be expected to Infliience tli¢ ecoiioi)ii¢ decisioiis of iis¢rs laken on Ilie basis of Iliese fiiiaiiciol slnlemeiiis. Irregiilftrilies, Ii)¢liidiiig fraiid, Are iiistaiices of noii-compliaii¢e iviili laws aiid regiilalioiis, We desigii pio¢¢dures iii Ili)e iylll) our r¢spoiisibilities, oiilliiied above, lo delecl iiialerial niisslalemeiits iii respect of iiTegularilies, iiicliidln8 fraiid. The exleiit 10 ivl)icli our procediires ar¢ capable of detecllng irregiilarilies, iiicliidiiig fraiid, Is detailed beloi¥. As part of oiir i)laniiing process: We eiiqiilred of mana8¢m¢nt th¢ systejhs and coiilrols the conipany ai)d group has hi place, Ihe areas of Ilie fiiiaiicial slalenicnls 11)at arL mostly suscepliblc lo ihe risk of Irregiilarilies piid fraiid, and ivl)¢ilier tliere iyas any kiioivn, siispe¢led or alleged fraud. Mana8eiii¢nl did not iiiforin lis of any known, siispted or Nlleged fraud, We obtained an undeTslaiidiiig of flic legal aiid regiilalory fraii)uvorks aiiplicable to Ilie compftiiy aiid gi'oLIV. We detei'iiiii)ed Iliat il)e folloiving iyere inosl relevant lo the finai)¢ial slateinenls: ConipaAieS Act 2006, Charities SORP FRS 102 & giiidanc¢ giv7 by Ilie Chftrity Con)n)issioii for Eiiglaiid & Wii les. We cojisidered the incentives and opportliiiilies that exist in the coinpany aiid group, ii)¢liidiiig th¢ ¢xtei)t of 1111111118enient bias. wliicli present 11 poleiilial for irregularitics aiid fraiid to be perpelrated, and l#tlored our risk assessi))ei)t accordingly. Usuig our kiioivle(Ige of the group, togeihei. Ivitli the discussions held ividi manHgement at Ilie plaiining stag¢, we foriii¢d a ¢oncliision on Ilie risk of inisstateinenl diie to irr¢gularilies includiiig fraiid aiid tftilored oui. procedures accordiilg to Ihls risk assessmelll. 13-
NORTH CRAVEI N BUILDING PREI SERVATION TRUST LIMITED
INDE
NORTH CRAVEN BUILDING PRESERVATION TRUST LIMITED CONSOLIDATED STA TEMENT OF FINANCIAL ACTIVITIES (INCORPORATING THE INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2024 Total Fiiiids (as reslAled) 2023 Uiiresti'leted Fiinds Rests4cted Fuii(Is Totsl Fil$ 2024 Not¢ Incom¢ en(loivmeDt$ Dotialion8 aiid l¢ga¢ie8 Charitable a¢livilies Other tradiiig activities liive$lnieiiÉ incoiiie Ollier Ii?¢ome 15,937 405,600 371,296 421,537 371,296 220,448 24,836 45,158 335,517 185.955 23,011 230 220,448 24,836 Tolnl llleoiiie 261,221 776,896 ,038,117 589,871 xpoiiilltiiye o Ralslng funds CharltAble aclivllles Other (234,297) (133,424) (6,019) (373,740) (234,297) (278,636) (6,019) (518,952) (175,068) (119,022) (3,531) (297,621) (145,212) TolAI I'e8oiirees ¢xpeii(Itil (145,212) Net (oiitgoliig)Iln¢oniliig i'esoui'ees (112,519) 631,684 519,165 292,250 Olbei, i'ecogiilsed gnlns find105seJ Revaliialioii of langible fixed assets (3,432) (3,432) 2,500 Net movoiiient lil tbnds (115.951) 631,684 515,733 294,750 Fiind balances at l Aprll 2023 1.716,254 419,551 2,135,805 1,841,055 Fiiiid bAIAiictS At 31 MAreh 2024 1,600,303 1,051,235 2,651,538 2,135.805 Tli¢ Stal¢in¢nt of Fiiiancial Activities includes all goins and105scs [CgI71Sed in the year. All income and ¢xpeiidituir deriv¢ from Conliiiiiing a¢liviti¢s. Tl)e slatemenl of financial tiVitIeS also Coinplies iyitli the rquir¢m¢nls for an income aiid expendittir¢ accouiil iii)der the Compaiiies Act 2006. A separate Stalenient of Finaii¢ial A¢livities, wid income and expeiidiliire account, for Ilie cliarity itself are iiot pr¢sei)ted becaus¢ tlie cliarity Ilas lfikeii Advaiilage of Ilie exeinptions afforded by sectioi) 408 of11)e Companies A¢t 2006 and paragraph 397 of the SORP. 15
NORTH CRAVEN BUILDING PRESERVATION TRUST LIMITED CONSOLIDATED STA TEMENT OF FINANCIAL POSITION AS AT31 hlARCH 2024 Cliarity (as reslaled) 2023 c1up 2024 Group 2023 Charlty 2024 Nol¢ Flxed Ass¢l8 Taiiglble nssels Hei'itage assets Inveslineiils 16 17 2,093.464 63.152 .581,770 2,093,464 1,581,770 62.902 63,152 62,902 2,156,616 ,644,672 2,156,617 1.644,673 Ciii'r¢iit As$¢ts Stock Debtors Cash at b&i)k and ii) l)nd 19 18 7,832 353,480 210.361 6,471 191,646 398,258 379,721 199,636 190,329 391,458 596,375 579,357 581,787 (66,089) (32,054) (51,506) 571,673 (43,013) CreilltoJ'$: Ainouiils fAlllng due ivltlilii oli¢ y¢ii' 20 Net Cui'rejit Assels 528,660 530,286 547,303 530,281 TolAI Ass¢ts Less Cui'iiit Llnbllllles 2,685.276 2,174,958 2,703,920 2,174,954 Ci'¢dlloi's; Anioiints fnlllng due After mor¢ ¢hAn one year21 (33,738) (39,153) (33,738) (39,153) Net Assots 2,651,538 2,135,805 2,670,182 2,135,801 liloonie Fuiids Geiieral reslrlcled funds Revaluotion i'eserye Unyesti'ic ed fliii Revaliinlioii rcserve De5igi)aled fiiiids Geiieral uiiYesli'i¢l¢d fiiiids 23 ,048.735 2,500 417,051 1.048,7J5 2,500 2,500 417,051 2,500 24 24 24 740,000 115,000 745,303 740,000 115,000 861,254 2,135,805 2,670,182 2,135,801 740,000 115,000 763,947 740,000 115,00 861,250 To¢fil chni.lty fullds 2,651,538 Tliese f117ai)cial slaleinei)Is ivere approved by Ihe Tnislees on Ihe 23 September 2024 aiid aro slgned on Ilieir beliaif by: Mvs H E Laiie (Chai3') Coiiipany Regi5trfiilon Number.. 01265072 16
NORTH CRAVEN BUILDING PRESERVATION TRUST LIMITED CONSOLIDATED STATKMENT OF CASH fiLOWS Y[4AR END 31 MARCH 2024 Croup 2024 Group 2023 Cliarlty 2024 Chai'lty 2023 Casli Floiys from Opei'nflng Actlvllles Net income / (deficit) 519,165 292,250 537,813 292,250 Depiecialion 109,284 4,031 109,284 4,031 Iiicoine froin ljiveslm¢nls Nel {gain) / loss oil sale of tangible assels (24,836) (2J,01 i) (24,836) (23,011) 2,236 2,236 Aloveiiieiils iii yyoi'kliig caplial.. (IncreaseyDecr¢As¢ An stock (1,361) (2,132) (1.361) (2.132) (Iii¢rease)IDecreasc in debtors liicreasel{Deci'eas¢) iii creditors (187,257) {102,219) (189,392) {102,620) 2,347 24,607 (19,452) 19,517 Nel ¢a$li iis¢<l In operatillg aclivitles 419,578 193,526 415,653 190,167 Cash FloiY$ fi'om Investlng Artlvltles Piircli8se of langlble assets Piir¢l)ase of li¢i'ilAge assels Inveslineiit Incoiiie re¢eived {626,646) (65,762) (626,646) (65,762) (250) <2,000) (250) {2,000) 24,836 23,011 24,836 23,011 Nel cpsli froni iiiv¢sliii8 aclivitles Fljiaiicliig A¢¢lvltle$ Repftyiiiei)t of bank loans (602,060) (44,751) (602,060) (44,751) (5,165) (12,044) (5,165) (4,932) Ntt liiei'en$ol(deerense) lil ensh an(1 Cash equlvAl¢nts (187,647) 136,731 (191,572) 140,484 Casli in haiid artd at baiik al Ihe bcginniiig of the y¢ar 398,259 261,528 391,459 250,975 Casl) lil hftiid and al bank at tlie eiid of Ilie yeAr 210,612 398,259 199,887 391,459 17-
NORTH CRAVEN BUILDING PRESERVATION TRUST LIMITED NOTES TO THE IIINANCIAL STATEMEIYTS IOR THE YEAR ENDED 31 MARCH 2024 ACCOUNTING POLICIES North Craveii Buildiiig PreservAlion Trust Liiiiiled is a private coi)Ipaiiy liiiiiled by giiarai)lee in¢oi'poi'ale(l aild reglslered rts a ¢l)arity in England aiid Wales. Tlie ttgistered otTic¢ is Tlie F.olly> Victoria Slreel, Setile, Norfli Yorkshir¢, BD24 9EY. 1.1 Ae¢oyJitlng eonvelltlo Tlie fiiian¢ial slalenients have b¢eii i)repared in accordance ivilh the eharity's goveriiiiig dociiii)eiil, Ille Coinpanies Act 2006 and "Accounting aiid Repoi'tii)g by Charities: Sl&leii)eiil of Reconinieiided Practice appllcRbl¢ to charities pi'epnrliig tlieii. ftccounts iii accordance iviil) Ilie Fil11¢al Reporting Slaiidard applicable in tlle UK aiid Republic of Irelaiid (FRS 102) (effecttve l Jaiiuftry 2019)" The chhrity is & Public Bei)efil Eiility as defiiied by FRS 102. Tlie fiiioncial staleinenls are prepared in sterling. wlil¢h is th¢ funclioiiftl currency of the chority, Monelaiy an)ouiits in these finhncial stalenieiils ar¢ roiiiided lo Ihe 11¢8r¢sl £. The lliiancial slatenieiils havc beei) prepared uiider the hisloricfil cost coilvenlion, (ii)odified lo include Ilie revaliialloii of freeliold propcrtics hijd ccrlain fiiiaiicial iiislruiiienls al fair valu¢).Tli¢ principal a¢counliiig policles adopted arc sel OLII below. BA$18 of coiisollilnllon In Ilie parent eonipAI)y finfinclal slfiteinpAils. Ilie c05t of a busiiiess ¢oiiibinAllon is the fair va141¢ Al the acqiilsilioii dAle of the assets givell, eqiiity iiisliiimenls issued and liabililies inciirred or assiii))ed, plus cogls directly alli'ibiilable to Ilie biisii)css ¢ombiiialioJ). The exccss of Ilie cost of A biisiness coinbii)Illion over Il)e fair value of11)e identifiable assels, liabilities nild coi)liii8eiil liftbililies ficquired is recogiiised as goodwlll. Tli¢ co$1 of Ilie comblnalioii Iiicliide5 Ilie esliinated ainoiinl of coiiliiigenl coiisiderallon il)Al is probable and can be iiieasiired reliably* al)d is Adjiisled for cliai)ges iii coiiliiigeiil coiisiderAllon After the acqiiisilion dale. Provisloiiftl fair voliies recogiilsed for biisiness conibinAiloiis iii previ0115 periods air adjiisled relrospeclively for filial fair valiies deleriiiined li) Il)e 12 11101111)s followii)g tl)¢ a¢quisilioii dale. Invcslmei)ts in subsldlarles, joiiil veiilures and associales are ac¢oiinl¢d for ftl cosl less in)i)airi)ient, Tlie coi)solldHled financlal slfil¢mei)Is Incorpornte those of Norlh Crav¢ii Buildliig Pr¢s¢rvAllon Trust Lliiiited aiid of Sls siibsidifiry (ie ftii eiitity Ihal tlie 8roiii) coi)Irols Iliroiigl) ils poiver lo goverii lh¢ finai)clal and opernling pollcies so as lo oblfiln econoi)iic benefits). Any subsidiAry Rcqiiired diiring Ilie year is consolidaled iisSng Ihe i)Iircl)8se iiiell)od. Tlie resulis ar¢ iiicoi'poroled from Ihe dale Ilint ¢onlrol passes. Tlie 301e subsidiary was included iii Ilie gvoup froiii ils iii¢orpoialivn dale and was iiot acqiilred. All fliiaiicial slateiiients are mHde up 10 31 Morch 2024. All inlr8-group Iransaclioiis, balances and iinrealised gAins o traiisa¢tions betiveeii group comp4ini¢s ar¢ eliiiiiiialcd oli wisolldnlioii. Ullalised losses are also eliiiitnoled iinles5 tlie Iransaclioii provldes eviden¢e orni) Iii)painMenl of lh¢ assel lrniisferred. 1.2 Golng eoncei'n Al tlie tiiii¢ of appi'oviiig lh¢ fiiiancial sli11emenls, Ihe Triisle¢s l)Av¢ a reftsoiiAble expeclalioii Ili&l Ilie Cliarily lias adeqiiRle resoiii'ces to ¢ontiiiue ii) op¢ralional existeiice for the foreseeable fiilure. Thlis tlie Triistees coiiliiiue lo adopt tlie goli)g ¢oncerIi basis of accounting In prepariiig Il)c fiiiaiicial stllleilieiits. 1.3 Cliai'llable Fuiiils Unreslrlcted flind5 are available for use al 11)¢ dis¢rellon of the triistees in fiirtherhnce of11)eir cliaritablc objective5. Deslgnnled fiiiids are iinresli'icled funds that hav¢ beeii sel aside by the Iruslees for 5pcGific piirposes. Reslricled fijnds are siibject to $pe¢ific conditions by dollors as to liow Ihey iiiay b¢ used. Tlie piirpose5 and uses of tli¢ reslricled fiiiids are sel oiil in Ihe notes to the fthancial slaleill¢iits. 18-
NORTH CRAVIN BUILDING PRESERVATION TRUST LIMITED IYOTES TO THK FINANCIAL STA TEMENTS (CONTINUED) FOR THE YEAR LNDED 31 MARCH 2024 CCOUNTING POLICIES lewiiliiual) 1,4 liicoine liicoine is reCOlIsed when Ilie cliarity is legally enliiled lo it after any perfonnallce condiiloiis have beei) Inel, tlie moiiiils ¢an be nieaslireil reliably, aiid il is probable Ihal iiiconi¢ ivill be received. Casli donallons are r¢¢ognised oli Tec¢ipt. Olher donaliojis are re¢ogi)ised onc¢ the eharlty lias been i)olified of Ilie doi)atioi), iittless perfoi'mailce coiidilions require deferral of Ilie aiiioiint, Incoiiie IAX recoverable ii) relation lo doiiailoiis received iiiider Gift Aid or d¢eds of covennnt Is reco8nised at tlle litne of the donalioji iviihin Ilie rel¢vaiit fiiiancial year. Legacles are reco8iiised on receii)l or otherwise if tlie Charity has been notified of An inipending disti'ibiilioii, th¢ anioiinl is kiiowii. and receipt is expected. If Ihe an)ount is nol ki)oi¥ii, the legacy is treated ds a conlli)g¢i)l asset. Orants are credited as iiicon)Iiig reSoUrS ivlien they are recelved, provided conditions for r¢rKipl liave been ¢onipll¢d Ivith, and iiiiless tliey r¢lale to a specifit fuliire period in ivliich case Iliey are deferred. J.5 Exi)en(Iltui't Liabilities ale recognlsed as expenditiire as soon as Ihere is a l¢gRI or cotistrucliv¢ obligation conimitling 11)e ¢l)arity to tlial expendiliire, it is probably Iliat a Iraiisfer of cconoinic b¢iJcfits iyill be reqiiired iii settleineiil, ai)d Ihe ai)ioiii)t of tlie obligation cali be n)eRsured reliably. Expendiliire is 8¢coiiiiled for oil an ac¢rLials basis aii(I has be¢ii classified Iiiidcr headiilgs Ilial aggwgnl¢ all Cost relal¢d to the ¢alegory. Wliere Costs CAnnol be dlr¢cily attribiiled lo pai1iciilar lieadings, Ih¢y liave beeii nllocated to aclivilie5 on A basls LX)nsistent ivith th¢ us¢ of resour¢¢s. Governftnce cosls Incluil¢ costs allrlbulable lo complianc¢ iviih consliliilioiial aiid slRlutory reqiiiremeilts, incliidiiig professionRI costs and Indepeiidenl exaininer fees. Support ¢o$ls incliide central flinctl)S nnd have been classified linder lieftdlngs that pggreglte all ¢ost relaled to tlie ¢Rtegory. Wl)¢re costs Caiinot bo directly atlribiiled lo particular lieadiiigs, tliey liave been allocftted lo aclivilies on a basis coi)sisleiit iyilli Ilie use of resoiirces fund i'aisiilg costs Irlate predomiiiftnlly io the Cosl of sales ftnd payroll cosls of tlie coffee lioiise that is riin by Ihe lrndii)g subsidiaiy. 1.6 1'Hiiglble fl%ed Rssets Tangible assels are Initlally measured at Cost, and subsequ¢nlly measured al cost or valiialion, net of d¢pr¢cialioi) an(1 iinpairn?¢llt losses, a¢¢iiiiiulaled iinpairinent losses. Deprecialion Is recowiised so as to wrile off the c051 or valuatioii of assets, less their eslinialed residual valu¢, ov¢r tli¢lr usefiil econoinic lives on tlie folloiving bAses'. Freehold land and buildings Plant and equipineiil Fixtures and fittings Conlputers Nil IOYO OJI Cost IO% oli cost 10¥4 OJI Cost 'rii¢ gain oi. loss arisiiig on Ihc disposRI of ai) fsss¢I is d¢l¢riniiied as tlic difference b¢hve¢n lh¢ sale proceeds nnd the cftrryirtg valiie of lh¥ as1. and is recognis¢d in th¢ stal¢in¢iil of fii)ancial acliviiie& Frcehold laiid and biiildinBs comprise n)ixed use proper1ies acqiiired lil Ilne ivith th¢ cllaritable objectiv¢s of pi'eseryiiig lid iiiAiiilalniiig liislorie properties. Conseqiientlyl t)0 d¢pre¢iation lias been provided oji tl?ese properties as Iliey are expecled lo liave ali ii)finite useful econoniic life due lo Ilie coillinuiiig preservation. Aniiual iihpainneftit r¢vi¢ivs al'e cari'ied out by the Trustee5 together ivith independeDt professional valualions oblaii)ed periodically, 19-
NORTH CRAVEN BUILDING PRESERVATION TRUST LIMITEI D NOTES TO TIIE FINANCIAL STATEMENTS (CONTINUED) IOR TIIE YEAR ENDED 31 MARCH 2024 1.7 Hei'ltAge A$$¢ls Hei'ilage ass¢ls fir¢ lield for iheir ¢oiitribiilion lo kn)oivledg¢ and ¢ul(ure. The iiiiiseiim colleclioiis Ire not held as iiiveslineiils bul foy publi¢ benefil. If ihe Tnisl were lo be iyound lip, Ihe collections would be offered free of cliai'ge lo 8iioih¢t a¢¢re(liled iiiusevni. Valualioiis are ascertained by ih¢ dirlor$ based ou OTigiiial cosl. 1.8 Flxe(l ffisstt Inv¢stni¢nt8 Fixed Asset Inveslmenls are iiiitiolly nieasiired at transaclioii price ex¢liiding lrnnsaclion cosls, aiid ar¢ siibsequ¢nlly i)ieasui'ed al ffiir vnliie al eacli repoiliiig dale. Changes iii fair value are reco8iiised ill net ii)coine / (expenditure) foi, tl)¢ year. Ti'ansacllon costs are expensed as inciirred. A subsidlary is an eiiilty colilrolled by Ilie cllarity. Coiilrol is Ihe poiyer lo gov¢i'i) Ilie fiiiancial aild operaling ijoli¢ies of Ilie ¢ntity so as lo oblain bciiefils from ils Aclivilies. 1,9 linpAlI'nient of filxeil A59tts Al eacl) weporling eiid dale, lh¢ chRrlty r¢vl¢ws Ilie ¢arrylng ainounts of Ils laiigible hssels lo delermlne wliell)er Iliere Is aiiy Iiidlcailon Iliftt Iliose assels liav¢ siiffered In Inipaimieiil loss. If ally sucli indicati) exisls,11)e re¢oveYable ainoui)I of11)e asset is ¢slliiiftled ii) order lo d¢teriiiliie tlie exl¢nl orth¢ Iinpalrmeii¢ loss (if giiy). 1.10 CAsli #lid easli eqiilv*ltnls c$) and ¢ash eq41ivaleiils incliide casli in liand, deposils lield al call wilh baiiks, olher short-lerii) liquSd Iiiveslinenls iyill) oi'igiiinl ninlurilies of Iliree Jnoiiihs or less, and bwik ovtrdrafis. Batik overdrnils are sl)oiYii wlll)In borrowings iii ciirrenl linbllilles. 1.1 l Flii4ncl81 Insli'iiments Th¢ cliarlty has elected lo npply Ilie provisions of Seclio)I I I 'Bhsi¢ Fiiiailcial Inslriiinents, atid Seclion 12 '0111er Fliiaiicial Iiislrui)ients Issiies, of FRS 102 lo all of ils fjnnnclal Inslrumenls. Fiiiaiicial insiruniei)15 4re r¢cognlsed in the cliarily'S balance $heei wheii tlie ¢harliy be¢onies parly to ihe ¢oiitra¢liial provisioiis of Ilie iiislniinenl. Fiiiaiiclal Assets and liabilities are offset, Iviil) 11)e riel aiiioiii)Is pre5eiiled iii Iliv finai)cial slalemenls, ¥vlieii Iliere is legally eiiforceable riglil lo sel off Ilie recogiiised anioiiiils aiid Ih¢i'e is ali inleiilioii to sellle on a iiel basis oi. lo realise 11)e ass¢1 niid seltle Ilie linbility slmiiliaiieoiisly. Brtslcfliiniicliil fissels Basic fiiiaiicial assels, whicli include debtors And CA51) And bwik balances. are inilially measiired at Irai)sa¢lion pric¢ ii)uludiiig Irons&clioii ¢051s aiid are siibseqiienlly Carried fil amorlTsed cost usli)g Ilie effective interest iiielho(l uiiless Ilie rrallgeineiit coiislllules a finaiicing Iransa¢lion, where Ilie Iransftcliot) is mea511red 8111)¢ present value of Ilie t"ulLire receipts Iliscouiiled at a ii)rtrkel rate of iiil¢resl. FiiiaiKi81 assels classified as receivable witliiii on¢ year are i)ol Ainortised. BfislcJlNoNclal Ilablllfles BASIC fii)aii¢ial Ilabililies, iii¢ludin8 Credilors wid bank loai)s are initially recognisd at lrnn5aclioi) prlce iiiiless 11)e arraiigemeiil coiistilules a finanring Iraiisa¢tion, Ivl)ere Ilie debt instninienl is i)ieasur¢d al the present valiie of tl)e fiitui'e i)ayni1IS discouihted at a i)iarkel rale of iiiteresl. Finaiicial liabiliti classifjed as payable iyilliin one yeui. are nol amoi'lised. Debt instruiiieiils are subseqiienlly CaiTied 01 ainortlsed cost, Iising Ihe effectiv¢ inleY¢sl rale iiielliod. -20-
NORTH CRAVEN BUILDING PRESERVATION TRUST LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YFAR ENDED31 MARCH 2024 Trade creditors are obligations to pay for goods or services that have been acqiiired In the ordiiiary coiii'se of opeiations froin siipplietB. Ainoiinls payable Are classifted as curreiil liabilili¢s if payment 15 due ivitliin one year or less. Jf not, tliey Are pi'esented as non4urrent liabtlities. Trade creditors are recowlised initially at Iransactioii price and subs¢quently m¢asur¢d ai amortised cost iisii)g tl)e effectiv¢ iiiterc5t method. Derecogiillloii offlnrtiiclftl Ilabllllles Finnncial liabllities are der¢cognised ivheii the cliarity's coiilr4clual obli8ations explr¢ or ar¢ dischftrged or cancelled. 1.12 Linployoe beiieflts Th¢ Cost of any uniised holiday enlitlenieii¢ is recognised in ille period in %Yhich ilie ¢mploy¢¢'s servi¢e$ are received. T¢rminatioii benefits are recognised imniedlately as an expense ivIn the Cliarity is detiionstrably coinmitted to leriiilnmte the eniploynieiit of an employee or lo provide lerniiiiallon bl¢fi{s. 1.1 Retli'ein¢nt beiieflts Pnyiheiit lo dofiiicd conlribulioii relir¢mei)I benefit scheines are cliar8ed ns an ¢xpeii3c as Ih¢y fall due. 2, CRITICAL ACCOUNTING ESI'IMA'fES AND JUDGEMC¢ NTS Iii the applieallon of lh¢ charity's accoiintiiig poli¢i¢s, th¢ Iruslees are reqiilred lo make jiid8¢1)iei)Is, esllniates aiid assiiiiiptioiis about Ilie corryiiig an)oiinl of assets and liabiltlkes thal are i)ol readily nppAreiil from ollier soui'ces. Tl)e esllinales and associated assiii))plioi)s ar¢ b8s¢d oil hisloricnl experleiice aiid ollier f&¢lors Iliht are coiisidered lo b¢ r¢levanl. Actual r¢sulis infty diff¢r froin Ih¢s¢ esliin&les. Th¢ egtiiiiates and iiiiderlyiilg asMinipiioiis are revieived 01) an ongolng basis. R¢visions lo oni11)g estitnales or¢ I'ecognised iii Ihe perlod iii ivliich Ilie esliiiinle is r¢vised ivlier¢ lh¢ revisloii affects oiily that period, or Iii Ilie pei'io(l of 11)e revisioii at)d future periods ivh¢r¢ Ili¢ r¢vi$ion affecls bolli currenl ttnd fiitiiro periods. 21
NORTH CRAVEN BUILDING PRESERVATION TRUST LIMITED NOTES TO THE filNANCIAL STATEMENTS (CONTINUED) roR THE YKAR ENDED 31 MARCH 2024 LIMITKD BY GUARANTEE North Crav¢n Biiilding Pr¢S¢tiOn Triist Liniited is a wn?pany liiniled by guarantee aiid accordingly does Iiol hav¢ a shal'e eapilal. DONATIONS AND LEGACIES Unreslrlcted Reslrlcled Totnl Thinds Fuiid8 2024 Total Funds 2023 Donnlloiis Doi)alioiis and glfts 15,937 405,600 421,537 45,158 Allalysod by fuiid UnYeslrlol¢d fiiiids Reslricle(I fiiiids 15,158 30,000 45,158 OTHER CHARITABLE AcfiviTIES Re8ti'lcted riuilds 'rol*l Iluiids 2024 Tolal Fiii)ds 2023 Performance relaled grgnls 371,296 371,296 335,517 AnMly$eil by fiind Unreslrl¢led thi)ds Reslrlcled fiii)d$ 335,517 335,517 INVCI STMENT INCOME UMI'eslrlcltd TolAI Fiinds Iliinils 2024 Tolal Fiii)ds 2023 Reiilal iiicoiiie Interest receivable 17,102 7.734 17,102 7,734 18,249 4,762 24,836 24,836 23.011 OTHKR TRADING AC'fiviTES Uni'esti'icled TolAI Thiiids Fulldy 2024 Tolal Fui)ds 2023 Coffee Hoiise Retail Sales Events & Coinmissions 204.217 13,978 2,253 204,217 13,978 2,253 167,213 10,669 8,073 220,448 220,448 185,955 -22-
NORTH CRAVEN BUILDING PRESERVATION TRUST LIMITED OTES TO THE FINANCIAL STAI'EMEiYrs {coNriNUED) FOR THE YEAR ENDED 31 MARCH 2024 COSTS or EXPLI NDITURE ON CHARITALILL AcfiviTIES TotThl Fuiids Gi'oup 2024 TotAI Ifmiids ChArlty 2024 Totsl Fiinds 2023 Statycosts Deprecialioii and impairiijeiit Repaii's aiid r¢iiovalion Project ¢xpenses Suiidry expeiises Legal and piofessionftl ¢liaiEes 68,116 105,500 405 1,867 327 12,000 68,116 IOS,500 405 1.867 327 12,000 46,329 500 2,246 448 8,500 188,215 71,329 19,092 188,215 63,506 11,736 263,457 58,023 44,963 16,036 Sh<1r¢ of siipport costs (see nol¢ 9) Sl)fir¢ of 8overiia]ice costs (se¢ nol¢ 9) 278,636 119,022 AiiAlyseil by fuii(I Uni'¢slri¢led fiiiids Reslri¢led fui)ds 133,424 145,212 133,424 145,212 105,394 13,628 278,636 278,636 119,022 ANALYSIS or SUPPORT COSTS Supi)orl GoY¢riiaiiee Cosls Costs TotAI fun(l$ 2024 Total Fiiiids 2023 Slaff costs Rates aiid ivaler Liglil l)eal and poiver Insiii'ance Repairs aiid ren¢ivals Telepl)one PrS1)ling postage aiid stalioii¢ry Siindry expenses Cleaniiig aiid liouseke¢ping Batik chaiges Mai'ketiiig Loan interest Accountancy & aiidit Legal & prof¢ssioJ)al Liceiices & subs¢ripiioiis 7.114 2,299 14,561 8,092 21,348 2.995 1.144 2,567 7,611 1.133 7.114 2,299 14,561 8,092 21,348 2,995 1,144 2,567 7,611 1,133 1,818 12,969 4,655 7,097 2,533 1,252 2,053 7,746 765 ,277 1,420 2,588 9,359 5,467 1,045 1,045 9,280 6,317 4.915 9.280 4.897 4,915 1,420 71,329 19.092 90,421 60,999 -23-
NORTH CRAVLN BUILDING PRESERVATION TRUST LIMITED NOTES I'O THE FINANCIAL STATEMENTS (CONTINiiFD) roR THE YEAR ENDED 31 MARCH 2024 I O. COSTS ofi RAISING fi UNDS Gi'oup 2024 Cli41'1ty 2024 Total Fiinds 2023 Miiseiiiii c051s Coiyee Hoiise Cost of sal¢s Cotyee Hous¢ slfiff costs 12,033 59,382 162,882 A2.033 7,504 48,122 119,442 234,297 12,033 175,068 I I. REVALUATION ofi fi IXED ASSETS Uiireslrlcled TotAI fi lind5 Fllii(Js 2024 TolAI Fiinds 2023 Freeliol(I buil(lings Heyilage nssels (3,432) (3,432) 2,500 12. NET INCOME Nel Incoine Is sl4l¢d after ¢liarglnW(crediling): 2024 2023 Loss on <llspo$al of lftngibl¢ fixed assels Deiir¢¢l811oii of IAn8ible fixed assels 2,236 4,284 4,031 13. AUDITORS REMUNERATION The fees charged by the aiidilor Cali be fiirther anAlysed uiider Ilie folloi¥ing headiiigs for services r¢i)(l¢red: 2024 2023 Fees pftynble for the aiidil ofih¢ financial slAl¢in¢nl$ 6.000 Fecs payAblc lo Ili¢ Irusl's audilor and ils ftssociales for other services: Fe¢s foi. Kcoiinling s¢rvic¢s 3,280 2,588 -24-
NORTH CRAVEI N BUILDING PRESERVATION TRUST LIMITED NOTES I'o'fHE FINANCIAL STATEMENTS ICONTINUED) riOR THE YEAR ENDED31 MARCH 2014 14. STAFF COSTS AND EMOLUMENTS TotRI staff costs ivei'e ns follows: 2024 2023 Wages Aiid salaries Social seciirlty costs Olhei. pension costs 237.889 5,456 2,249 170,994 3,256 2,059 245,594 176,309 Tli¢ av¢rag¢ iiiimber of eniployees diiriJi8 th¢ year ivas as follows: 2024 No 2023 There were no en)ployees wliose lI)ildI ren)uneralion was njore than £60.000. 15, TRUSTEI E RIMUNERATION AND EXPEIYSES Artlcle 7 of Ilie Trust's Articles of Associaltoii (2017 amended) slates that "A Tnislee or coiiiieed persoii Tllay eiiler iiilo a coiitrfict for 11)e siipply of servlces, or of goods 11)at are supplied iii coiiiieclioi) will) Ilie provisioii of services, to the Ti'iisl ivhere that Is permitl¢d in a¢¢ordance iyiili. aiid subject lo the condilions Iii, se¢lions 185 and 186 of tlie Chai'ilies Act 2011" In accordai)ce willi Iliis, Ilie Board sOlVed al ils niee(iiig on 26 April 2021 to eiiler into rr¢¢lance ¢onli'a¢l iyiil) Mrs Lyiin Notlhrop* wlio received £17,657 (2023 .£11,691) foi. adInlnlstralive cxpeiises. No olhei. Iriistee (or aiiy persoiis coiiii¢¢led ivilh Iliein) received any remiiiieralioi) or beiiefils from Ilie cliarity diirii)g tli¢ year. Durin8 Ilie year Ilie cliarRty paid travel expenses lolalling £556 aiid reimbursed ollier expthises paid oil belialf of (he ¢liarity by Iruslees afftoiiiiliiig lo £595. The ¢harity received donalions and Inenjbersliip fees froi)I Irvste¢s amoiiiiling lo £1,362. -25-
NORTH CRAVEN BUILDING PREI SERVATION TRUST LIMITED NOTES TO TIIE FINANCIAL STATEMENTS (CONTINUED) riOR THE YEAR ENDED 31 MARCH 2024 16. TANGIIILE filXED ASSETS Gwoiip & Cliai,Ity Fi'ecl)ol(I laikd & bulldliigs PIAnt & equlpDieiit Flxtures & rittlngs Conipiiter$ Tolal Cost Al l April 2023 Addllloiis Disposals Revaluation .558,674 624.121 19,903 395 {7,179) 25,594 4,255 2,130 (1,988) 1,608,426 626,646 (12,782) (3,432) (3,615) (3,432) At 31 Mllreli 2024 2,179,363 13,119 21,979 4,397 2,218,858 Dei)i'e¢lnlloii Al l Aprll 2023 Clinrge for Ilie year Ellininnlioii oil disposAIs lii)palriiieiil wevlew At 31 Mayeli 2024 8,352 2,030 (4,943) 15,317 1,814 (3,615) 2,987 440 (1,988) 26,656 4,284 (10,546) 105,000 105,0 105,0 5,439 13,516 1,439 125,394 Nel Booli Vwlu At 31 MAI'cli 2024 2,074,363 7,680 8,463 2,958 2,093,464 Al 31 March 2023 1,558,674 11,551 10,277 1,268 1,581,770 LAnd and buildli)g8 iyllli rt eRirylng aiiioui)t of £1,500,000 are slated al valuations corried oiil by WBW SiirveyoKs Lliiilled, Independei)I valiiers, on 27 Jaiiiiary 2022, Tlie Folly lias a carrying valLi¢ of £l,QOO,000, piirchased Ini1SAIIy for £180,000 111 1997, Ivilli the addilioii of Ilie Norlh Raiige for £580,000 iii 2010. Tlie Zloi) Cliapel niid assoclaled propei'iles have a valualioi) of £500,000 and ivere orlginally donaled lo Ilie Triisl In JIllary 2018. Dr Buck's holis¢ I'evnliialion ivordlilg. Diiring Il)e year Ilie Irusl acqiiired a property al a cosl of £408,432 iiicliidii)B legal fees ftiid follo¥ving ali InipRlrm¢nl r¢vi¢w,11)is wriilen doivn froiD a ¢osl of £405,000 lo a valui11ioii of £300,000. 17. HERITAGE ASSETS Groui) 2024 Gi'oiip 2023 cliai.lty 2024 Cliai'lly 2023 Cosl or valiifttioii blf Ad(lilioiis R¢valiiatioiis 62,902 250 58,402 2,0 2,5(Ki 62.902 250 58,402 2,000 2,500 Cost or v&luAlioii elf 63.152 62,902 63,152 62,902 Hei'itage assets are recorded al ori8iiial cost and may subsequenily be revaliied if acciirate valualioiis are available. Hei'itage assels IliRI aye donated nr¢ Iiol iiicluded al aiiy cnrryiiig value. The trustees liave rec¢iiily r¢celved gi'aiil riiiidii)g lo eilable Iheii) to begui ihe process of re-calaloguing 411 heYilRge assets. -26-
NORTH CRAVIN BUILDING PRESERVATION TRUST LIMITED NOTES TO THE FINANCIAL STATEMKNTS (CONTINUED) FOR THE YKAR ENDED 31 MARCH 2024 18. DEBTOIiS Ainoiiiits falliiig du¢ within oiie year: Ciyjllp 2024 Group 2023 Cliii'lty 2024 CIIArlty 2023 Trade debtors Ai)iouiits owed by group undertakings OtheK debtors Prepayments and ac¢riied inconie 346,471 167,451 346,366 26,346 4,524 2,485 165.211 923 2.695 21,500 4.324 2,485 2,695 21,500 353,480 191,646 379,721 190,329 19. STOCK Gi'oiip 2024 Group 2023 ChAI'lty 21J24 ClIAI'lty 2023 Stock of finlslied goods 7.832 6,471 20. CREDITORS: Ailloiints fftllliig due iviililii oli¢ y¢fir Gi'oiii) 2024 Gi'oup 2023 Chfii'lly 2024 ClIRrlty 2023 Bank loaiis Ollier laxalion and soclAI se¢iirlly Ti'a<le creditors Oth¢r credllors AlOul]IS oived by groiip iiiidertakin¥s Acci'iials aiid deferted iiicome 5,250 10,775 4,684 12,680 5,000 7,683 39,340 11,088 5,250 8.735 ,723 6,722 5,000 5,390 36,820 1,318 9,624 2,978 9,624 32,054 2,978 43.013 66.089 51,506 21. CREDITORS: Aiiioullts fNllliig due wttey mol'e tliaii oiie yeAr Gyoup 2024 Gi'oiii) 2023 Clini'lly 2024 Chnylty 2023 Bank loans 33,738 39,153 33,738 39,153 Payable iyitliin on¢ year Payable after one year 5,250 28,488 5,250 33,13 5,000 28,738 5,000 34,153 Amouiils includ¢d above ivhich fall diie fter five years: Payable by tiistallllents 13920 19,085 13,920 13,920 -27-
NORTH CRAVEN BUILDING PRESERVATION TRUST LIMITED NOTES YO THE IfiNANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 22. RETIREMENT BENE¢ FIT SCHEMES Detlned eoiilvlbiilloii schemes The cliarity operale$ a defii)ed contribution peiision sclieme for all qualifying employees. Tlie assets of Ilie s¢l)eine ar¢ held sepAial¢ly froin those ofihe charity in ijidependenlly admiiii$lered fuiid. The charge lo profit or loss in respect of defined conlribulion sdleihes was £2,249 (2023., £2,059), 28-
NORTH CRAVKN BUILDING PRESERVATION TRUST LIMITED NOTES TO TIIE FJNANCIAL STATEMENTS (CONTINUED) FOR THK YFAR ENDED 31 MARCH 2024 ANALYSIS OF CHARITABLE FUNDS Restrlcl¢d fijnqls Tlie rest¥i¢led flind5 of the charity coinprise Ihe iinexpended bHl&iices of donations nnd grnnts held on triist siibject to specific ¢ondilioiis by donors as to hoiv they may be iised. At A Aprll 2023 Incoiiiliig Resoui'ees Resouyees exi)ended Ti'nnsfers G81ii$ Miiil At 31 MRI'eli losses 2024 Hei'ltage Assels Flxliires & Fittin8 Dr Bii¢ks Hoiise Folly reiiovnlions Hornei. PliologKophy Colleclion Arls Coiiii¢il MEND Gi'aiit Harold & Alice Bridge5 Cliarily Sylvia Waddilove Foutiil&lioii Norlli Craveii Heritage Tnisl ART Fiiiid Reiniagliie Granl Follylzion doiialions Hlslorl¢ Flouse Foiindalion NLHF Dynainic Collecllons Hei'itage Coinpass Coiiiiniiiilty ACE UTilockiiig Collections Royal Soclety (Places of Scieiice) Doiifilioii Dr Biick's House CAF doiiallon 62,902 2,143 62,902 1,643 300,000 274,363 3,703 3,801 {500) 300,000 215,689 58,674 3,703 211,990 3,000 3,000 ,500 44,639 28,000 (208.189) (3,000) {3.000) {1,500) 2,000 (21,576) 25,063 28,000 10,800 231,860 5,000 loo,000 3,500 10,800 249,996 (18,136) 5,000 100,000 3,500 405,000 600 (300,000) {I05,000) 600 TotAI clini'lty thnds 419,551 776,896 (40,212) (105,000) ,051,235 Pv¢vlou$ YeAr At l Aprll 2022 liicoinli)g Resoiirces Re8ouY¢e8 expeiided Trnii$fors G1118 Rild At 31 Mfiyeli 1055es 2023 Hei'liii8e Assets Fixtui'es & Fitting Folly I'¢novatioi)s Hoi'iier Photograplly Collection MDY Ai'ls Coiincll MEND Grant Hai'old & Alice Bridges ClIArlty Sylvia Waddilove Fouiidation Noilli Craveii Hei'llage Trust ART Fiind R¢imagiiie Grant Miis¢iiih D¢velopinent Yorkshlre (l) Miiseuin Developinent Yorkshire (2) YDNP Follylzion doiialions 38,402 2,643 2,000 2,500 62,902 2,143 58,674 3,703 (500) 58,674 3,703 500 (500) 270,664 (58,674) 211,990 3,000 3,000 1,500 44,639 3,0(K) 1,500 52,500 2,500 500 1,853 30,000 (7,861) (2,500) {500) {1,853) (2,000) 28,000 TotAI eliRrlty fund5 65,248 365,517 (13,714) 2,500 419,551 29-
NORTH CRAVEN BUILDING PRI< SIRVATION TRUST LIMITED N(yfES TO THE fi INANCIAL STATEMEIYTS (CONTINUED) riOR THE YEAR ENDED 31 MARCH 2024 23. ANALYSIS or CHARITAIILK FUNDS (contlnued) Tlie piirpose of ille main 8rant lld$ was:. Horner Pllolograph Colleclioll - to piircliase aiid digitise the collection. Arcl)itectui'ul Heritage Fiind - Zion Cliapel projeel viabiliiy sludy. Arts Coiincll Englaiid Cullur*l Recovery Fiind (Round l) - Culliiral activity, salaries, overheads, maliilenllnce, i'eflalioi) of resei'ves. Histori¢ Eiigloiid - Heyliage al Risk Repair and ¢onservalion ivowk. H¢rilage EnieYgeii¢y Fiiiid - Repair aiid ConseallOn iyork. Arts Coiit)cll Englfii?d - Cultural Recovery Fiind (Roiind 2)- Cor¢ costs, Arts Coui)cll Ehglaiid Ciilliiral Rxovery Fiind (Round 3}- Staff costs, relHII ¢oi)sullfincy, eiilliiTfiI aclivilies, Slaiiloy Sinllli Horticullurhl Trust - purcliftse of neiv garden shed aiid equipmeiil. Walter Morrisoii FeslivAI - vfirlous grfiiils for feslivol runnliig costs. ART fiind ReiiiiAgiii¢ . Dlgiilsalioji and calalo8iiliig of Ihe Hofner Pholograpliic CollKliot). Mus¢uin Dovelopineiit Yorkshir¢ ( l )- Storage mdia for Ili¢ HoTner Pholograpl)l¢ coll110n. Museiiiii Devclopmenl Yorksliire (2) - Inslallln8 eleclro)iic doijatlon poliil. YDNP Toivards tlie cosl of iiislalling ali audiovlsiial liileKprelhlion point. 24. UNRESTRICTED fuNDS Tlie uiii'estrlcled fiiiids of the group coiiiprise tlie un¢xpended bAlfiiices of IncoiM¢, donfilioiis ond grfiiils ivlii¢h are not siibjecl to 8peoific condilions by donors find grai)lors as to lioiv Iliey Infty be iised. These ii)cliide d¢slgiialed funds wlilcli liave beei) .8et aside out of iii)reslricled fiinds by flic Iriislees roy specific purposes as d¢lAiled below. At l Aiji'll 2023 liicniiilng Resoui'ces resoui'e¢s expended GAliis Aiiil Ios5e$ At 31 M41'cli 2024 Biisiiiess Developinenl Fiind Geneyal fiiiid 115.000 ,601.254 115,000 ,485,30.3 261,221 (373,740) (373,740) (3,432) (3,432) 1.716.254 261.221 1,600,303 Prevloiis Yenr At l Apvll 2022 InconiSng Resoui'c¢s resources exptiided GA1115 And 10sSCS At 31 MAI'eli 2023 Biisiiiess Developmellt Fuild Geiieral fuiid 115.000 ,601,254 115,000 ,485,303 261,221 (373,740) (232,581) {3,432)- 1,775,807 173.028 ,716,254 -30-
NORTH CRAVEI N BUILDING PRESERVATION TRUST LIMITED NOTEI S TO THK fi INANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 25. ANALYSIS OF NET ASSETS BETWEEN FUNDS Unrestricted funds Restrlcled funds Tothl fiiM<ls 2024 Fiiiid balances at 31 March 2024 w'e represeiited by.. Taii8ible fixed assets Heritage Assels ,517,458 250 576,006 62,902 2.093,464 63,152 Ciirreiit Assets Creditois 159,346 (76,751) 1,600.303 412,327 571,673 (76,751) 2,651,338 TotAI Fun(Is 1,051,2354 Unreslrlcted funds ReStrIed fiinds Totftl fun(1$ 2023 Fuiid balaiices al 31 MArcli 2023 are represeiited by: Taiigible fixed H8sets Heritage Assets CiiYrei)t Assets Cre<litors ,520,953 60,817 62,902 295,832 .581,770 62,902 596,375 (105,242) 2,135,805 300,543 (105,242) ,716,254 Tolnl Fun(l$ 419,551 20. PRIOR PERIOD ADJUSTMENTS Cliaiiges to Ihe balai)ce slieel (31 MAr¢li 2023 A$ pi'evloM8Iy r¢poi'led AdJustiiie?bt AS i'estAled rilxe(J Assolg Tangible assets 1.523,096 58,674 1.581,770 CApltpl fi uttds ljieoine f¢iiii(18 Resti'i¢led fiiiids Uiireslrlcted tlii)ds 360,877 ,716,251 58,674 419,551 ,716,251 Tolal Eqylly 2,077,128 58,674 2,135,802
NORTH CRAVEN BUILDING PRESERVATION TRUST LIMITED NOTES TO THE FIIYANCIAL STATEMENTS (cowfINUED) FOR THE YEAR ENDED 31 MARCH 2024 Grftnl fiindii)g expeiidilure l)as beeli ¢aplialiscd in liiie with final lemis ofiiie gTai)t ¢ondilioiJ8 which necessllale ¢apitalisalioi) ol) coinplelion of Ili¢ ptojecl. Tlie project lias be¢ii siibslaiilially conipleted iii Ilie yeftr lo 31 March 2024 aiid IlieY¢for¢ costs iii¢iirr¢d in the prlor y¢ar previously allocated to ¥epairs alKI legal costs liave now beeii capilalis¢d. Chftnges to th¢ profil and loss accolint Perlod ended 31 Mai'cli 2023 As prevlomsly repoi'ted AdJiistniei)t A8 1'estAle(I Cliarilable activttles 293.934 (58,674) 235,260 N¢t niovejneiil in (kniids 236,076 38.674 2,94,750 28. RELATED PARTY TRANSACTIONS Tliere iyere no related party transaclioiis diiiing Ihe year olher Ihaii as detailed in iiole 13 Tr1151¢es Reiniinerallon #lid Expenses, 29. CAPITAL COMMITMINTS Tl)ere were iio coi)Inillineiils to caplial expendltiir¢ al 31 Mnr¢h 2024 (2023 Nil). -32-