Financial Statements for the Trustees of
Pennine Heritage Limited
Year Ending 31st March 2024
Charity Number 509974

Pennine Heritage Limited (Co Reg No. 014456731
Contents of Financial Statements
for the Year Ended 31 March 2024
Page
Contents
Report of the Trustees
Independent Examination
Statement of Financial Activities
Balance Sheet
Statement of Cash Flows
Notes to the Accounts
IOto12

Pennine Heritage Limited (co Reg No. 01445673)
Report of the Trustees for the Year Ended 31st March 2024
The trustees who are also diiectors of the charity for the purposes of the Companies Act
2006, present their report with the financial statements of the charity for the year ended 31
March 2021, The trustees have adopted the provisions of the Statement of Recommended
Practice ISORPI 'Accounting and Reporting by Charities, issued in March 2(KJ5,
REFERENCE AND ADMINISTRATIVE DETAILS
Company No. 14456731 Charlty No. 509974
Prlnclpal Office
The Birchcliffe Centre
Hebden Bridge
West Yorkshire
HX7 8DG
Reglstered Offlc•
The Birchcliffe Centre
Hebden Bridge
West Yorkshire
HX7 8DG
Trustees
The following Dlrectors and Trustees served during the year:
Atack
David James Bryan
S Boyle
Alexander Marc Taylor
DE Fletcher
D Greensmith
P Kennedy
JA Schofield
P Webber
ARae
MJ Tull
Dr NJ Bowker Smith
A Birch

Pennine Heritage Limited (Co Reg 140. 014456731
Report of the Trustees for the Year Ended 31st March 2024
Independent ExamSner
Wendy Gledhill
Calder Community Accounting CIC
Upper Floors
26 Halifax Road
Todmorden
West Yorkshire
OL14 5QG
Bankers
Lloyds TSB
PO Box 1000
Andover
BXI ILT
Solicltors
AWB Charle5WOrth
12-16 North Street
Keighley
West Yorkshire
BD213SE

PENNINE HERITAGE LIMITED (Co Reg no. 1445873)
Report to the Trustees for the Year Ended 31" March 2024
The Birchcliffe Centre continues to be fully tenanted and we have conlinued to
attract a number of external bookings which have contributed positively to our
i ncome stream. Work has been successfully completed on Ihe roof and the
brickwork, making the two towers fully weatherproofed enabling us to offer the
auditorium for hire to accommodate its lull CA3pacity of 350. Our Stained-Glass
windows have been repaired 8nd a talk given to stakeholdets by the restorer.
Our restyled Hostel by is attracting an increasing number of customers and our
regular meetings with IOU are always productive.
We have continued to develop partnership working induding the establishment of
'Research Fellows, recruited from the University of Huddersfield (UOH) working in
dediGated space, shared with our Heritage Manager Dr Francesca Elliot. Further
partnerships include the development of an education Package to be delivered to
pupils in Key Stage Two (Upper Junior) on the History of Nursing, funded by the
British Society for the History of Science, We are developing a project designed to
cater for adults with Learning Disabilities in partnership with a local community
Nurse. These projects have been facilitated by Francesca. as part of our 'Knowl8dge
Transfer Project, (KTPlalso in partnership with UOH. We have also gained funding
from the University for an 'lmpact Acceleration Project,.
The Oigital Archive continues to grow and we have now formed the 'South Pennine
Archive, in partnership with the Hebden Bndge History Society,
Similarly, Francesca has Successfully recruited a number of Volunteers who are
improving the effectiveness of our delivery at BirGhcliffe. Recently, Francesca has
become engaged to be married and has secured a position in her native Canada
where she will be moving with her fiancée. Consequently, she has tendered her
resignation. However, we have been successful in appointing a highly promising
replacement Heritage Manager, Dr Andrew McTomlney who will complete our KTP
commitments. We are axploring an extension to our KTP with Innovate UK and UOH
in order for us to maximise the benefit of this venture. Francesca has produced
detailed 'Handov8r Manual, for Andrew and organises a number of handover days.
I have mèt with a number of tenants and have taken their views on board with the
aim of implementing some of the changes suggested.
We continue to explore new opportunities to apply for external funding.
M J Tull Chair of Trustees
Signed on behalf of the Truste05 of Pennlne Herltage Ltd

Pennine Heritage Independent Examiners report
I report to the trustees of Pennine Heritage on my examination of thelr
accounts for the year ended 315t March 2024
Responsibilities of Trustees and Examiner
As the charity trustees, you are responsible for the preparation of the accounts in accordance with the
requirements of the Charities Act 20111'the Act'l. The trtsstees consider that an audit is not required
for this year as their income 15 below £250,000 and that an independent examination is appropriate as
their turnover has been above £25,000 In the previous year and may well be in the future.
It should be noted by the Trustee5 that the income of the Charity is £246k and the limit for full audlt is
£250K so consideration should be made to the possibility of a full audlt being required in the future.
I report in respect of my examination of the charity's accounts carried out under section 145 of the
2011 Act and in carrying out my examination I have followed all the applicable directions given by the
Charity Commission under sertion 145151{bl of the Act.
Bas15 of Examination
My examination included the review of the accounting record5 kept by the charity and a compar150n of
accounts with those records. It also took consideration of any unusual items In the account> of which
there were none. The procedures carried out do not provide all the evidence required for the purp05e5 of
an audit and therefore no oplnion is given on the 'true and fair view,, this is not a matter for the
independent examination.
Independent Examiner's Statement
The charity currently holds £119,447k In a reserve bank account. And cash of £148,025K leavlng the
charity in a very healthy position.
I can conflrm that, in the case of my examination, fio material matters have come to my attention that
would give me cause to believe that accountin8 records were not kept in respect of the Charity as required
by section 130 of the Act; or the accounts do not accord with those records.
I have no other Concerns and have comè across no other matters In connection with the examination to
whlch attention should be drawn in this report in order to enable a proper understandin8 of the accounts
to be reached.
Signed
,(.)/LI £Iti,
Wer)dy Gled h ill

PENNINe HERITAGE LIMITED {Com￿n¥ Numb•r 1445673)
ststsment of Fin•nclal Actlyltlm lor th• Ywr End•d 31¥t Mar¢h 2024
R•Btrlctèd
Funds
Unr••lrf¢t•d
Fund
ToLg1 Fund8
Tot•1 Funds
In¢omlng Resourcg
Noi
3110312024
31103120Z4
3110312024
3110312023
From O•n8rai•d Fund8:
Income from Donatlons and Legacies
In￿rn￿ from Grants
Investment Ineome
From Charit*blo Actlvltlm..
15.oc
2246
17.248
116e79
4.817
4817
102
813
142 513
B13
1A2.513
129 778
16S,391
246.559
Tot41 Incomlng Rp8ourc
19,817
146,574
R•soufcè8 Exp•ndod:
Charilabli Acllvibes
.41
74 042
74.001
76.564
Donations
Govarnanca C031s
45 519
415519
41.126
Totsl R•$ourc•8 Exp•nd•d
41
119.661
119,520
117,889
Net Incom• b•lor• Tran•for8
19.851
26,013
46,871
128,870
Translèrs bèh¥•en funds
N•t mov•m•nt ol Fund•
19,•58
26,013
46,871
128.870
RECONCILIATION OF FUNOS
Total Funds Brought Forwarcl
Tol&l Funds carried Forward
884.255
884 255
755.38
19.85e
910 268
930. 126
B84,255
3110312024
3110312023
Income
164,578
246.457
InteYe8t 8na Invgstmgnl income
813
102
Gro88 Incom• lor th9 y•ar
166,391
246,5$9
Expenditur8
Intere51 p8yaL71e
105.921 D
106.787
13.599.0
10,CQ8
Dopreciation and charge3 for irnpairment ol fi'xeoj otssets
670
894
Total •Mpendtture lor th• y•4r
120,190
117,689
Net incomelèxp¢ndlturo for the y••r
4S,201
128.870

PENNINE HERITAGE LIMITED ICoMp•ny Numb•r 1446673}
lan¢• Sh••t M •131•t March 2024
Jin1312024
3110312023
Flx•d A8*ets
Tartgible Assets
Not••
792.010
727681
Currnnt A8•ets
1000
1.OiJO
Stocks
15.973
7,742
Detjtors
Cash al Bank
10
267.481
298,374
Craditor5
Amounts due within one year
12
-20,624
-17.838
263,B30
289,278
Mgt Cuff9nt AB••t•
Creditors
Amounts due after one yèar
12
-126.383
.132.703
Totsl Net Atys•ts
929,467
884,256
Funds
Unre8tri¢tgd Funds
Reslrlcted Funds
TotAI Fund•
9Q9,599
19,858
929.457
884.256
884,206
Op•nlng 8•lanoè Fund•
Fund$ G￿erated in Year
884,256
45.201
7S5,386
128.870
Tolal N•t A8•0ts
929,457
884,268
These 8ccouni¥ have è4en prepared In accDrd8nce with spfr¢i01 provisions ol Part 15 01 the Companies Act 20C6 felabng to small companies.
For thè year ended 31st March 2022 the company was entitled lo exèmpbon from auoil undèr seetion 477 01 Ihe compafti&s act 2006 relalifjg 10
small c￿npanIeS
The memtr4rs have not required the company to Dbtain an ¥udil In accKJrdan(t with sectson 476 01 th8 Companie5 Acl 2Cx)6
The directors acknowledg0 Ihoir r•sponsibilities lor complying Wlttr the oqvir•monts ol ihe Comp8nio5 Act 20C6 WTlh rogpect lo ae£ounling
records and the prepa¢tson ol accounts
Approv￿ by the board on 20ih Decernbgf 2024
And 61gng(J on its behail by
Michael Tull

PENNINE HERITAGE LIMITED Iccffipany Numb•r 144867J)
st•t•m•nt ol Cajh FlowA lor th• y•4r •ndlng 31•t M•rch 2024
3110312024
3113r2023
Cash IIOWG Irom O￿TatIng 4Ctlvltles
Net Incomell8xpendilur&l per Statsmenl ol Finantyol Aciivi118S
Adiuslmenls for.
Depreciation of Plani and Machinery
IncreaselDecrease in Stock
Incrgase in Irade and otr￿r receivable5
Decrease i* trade and olher payables
Not C••h provldod by opgr*tlng actlvltl••
45,201
128870
670
894
-8 23g
-3 707
2 188
2.5d3
39.820
128.800
C¥•h flow• from Inv•sllng a¢llvltl••
Payrngnts for property, plant artd èquipmeni
DIV￿￿en(l$. Interest and rents Ii(Mn investments
Nèt ea•h Irom In¥o•tlny •¢ll¥lll
*s,000
.65,000
C•ih flow• Irom Iln•n¢lng a¢tlvltl•
R8p8ymenl of borrowings
Nei ¢••h u••d In Iln•nclng a¢tivltl•8
-5711
-6,489
-5 711
.6.489
N•t d•cr•o8• In e*•h and G•&h •qulv41•nts
Cash and Cash equivalents 81 th• ixginning of thè year
Cash and Cash oquivalents al thg end of th¢ y&af
-30 891
122.110
298 372
176,262
298,372
267,481
Components ol c?sh and cwsh equivalents
ash and bank balances
267.481
298 37

Statemtnt of Ca•h Flow• tor lh• y••r #ndlng 31•t M•r¢h 2024
The financial $tstm•nts have bgon prepared under hi$iorical Gosl convention in
accordance with Financial Reporti￿ Slandards IDr Samller Entities. and the Charities
Act 2￿)6 abd Statement of Recommertded Praciice Accounlin9 and Reprjrting by
Charit￿5 2W5
Accounting Conventions
3110312024
3110312023
2. Voluntary Incomo
17,248
4.817
22.C*5
116,679
Donations
Gfanls
116,S79
3. Invéitsn•nt Inwm•
Depo311 A￿OUnt Interest
813.00
102
4. InGornlng R•$ourc•s from Ch*rltsbl• A¢tlvhtiM
Rents Ir¢m Birchcliffe Hostel
Rents liom Birchcliffe Officfr$
Rgchafges- Utslibes
Archive Income
25000
15.625
53 478
56.034
12,940
8,350
540
2,447
566
1459
Publicatsons
388
Sundry Receipts
Room Hir8
1.814
9.789
9.931
2.977
Sludiu Hiro
Renewable Heat Iniliabve
7,436
35.841
30,680
142512
129.779
S. R•8our¢e8 Exp•nd•d . Ch•rltsblo Aetlvltl
Counul Rates
1,233
8533
1,587
7.766
Insurance
Light Heal and Water
Telephc*ne and Intarnel
Ollice Equipment 3nd Statsonary
Repaif$ and Maiftlenance
Cleaning
Sun(Irv&s
Professional and Consultancy Fees
23.646
29.368
2.849
1205
2105
249
18,022
2.C150
3908
1.692
1,260
3,084
Deprecialion
Mortgage Interest
Bank Charg08
Advertislng
Prinls
670
13,598
10008
23
77
766
647
395
355
59,418
76.564

PENNINE HERITAGE LIMITED (Company Numb•r 1445673)
Not4$ 10 th• finanGlal Stst•m•nt• for th• ¥￿1 End•d 31 PA•reh 2024
3110312024
3110312023
6. Re•our¢•s ExPend￿- D¢n•tlon8
Charitable Donatio
7. RMources Exp•ndod - Gov•rn•n¢• Costs
Payioll Eypendilure
Stall Training
Accountancy Costs
Adminislraiion Co¥lg
40.626
44.732
787
45519
41.126
8. TANGIBLE FIXED ASSETS
L•nd &
ilulldln9•
Plant&
M•chln•ry
TotAI
COST
At l Apiil 2023
Adclillon$
7265
20.473
747,027
65.OC()
Al 3151 March 2024
791.554
20.473
747,027
D•pro¢latlon
Ai 181 April 2023
Char9• For The Yo*r
1.s54
17,793
19.347
670
670
Not Boo* Valug
Al 31 $1 March 2023
725.0
2,680
727,680
727 010
Al 31st March 2024
725 000
?.010
3110312024
3110312023
9. Stotks
Fi*ish¢d Goo¢ls
1DOO
1000
10. D•btor8
Trade debtors
15973
7742
11
8u$ine89 A¢count
147911
Potty C4sh
R•s•rve Fund•
113
78039
Reserves Account
41409
298374
267472

PENNINE HERITAGE LIMITED (Company Ntsmb•r 1445673)
lot•8 to the financlal Stst•m•nt4 lor th• Y•ar End•d 31 M•rch 2024
12. CredStors
Mortgage
Capltal rnpayrn•n¢• •ro dw on th• mortg8gg a¥ foll•)w•
3110312024
J110312023
Due withing 1 year
Due Ir Tnore than 1 year
137LIS
13,096
126383
132.703
TolBI Outstandin9
140.089
145,799
Tr*d• Crgdltom du• wlthln 1 y•ar
Mortgage payments
Accru31
137C
13,096
500
500
Bonds
3,013
2.993
VAT
Total Trade Credilor¥
3.405
1,249
17.838
20.624
eritage Lottery Fund
The Charity musl continu• io own a￿1 keèp exdusi¥o control 0¥or what Aapp•ns lo the Bifchdits Centr¢ property.
and must not sell let or otherwise part with il without the approval ol thè Hérila9e Lattery Fund tefofehand
Should aoproval be gr•nied tho Hgrir89è Lottery Fund reserv05 the rKdhl 10 1oquo51 wh4tsv•r paymeol il 4eorn8
appropriale in Ihg circumg1once8
This may bg',-
l a proportion of the sales prcxeods. equivalenl lo the original cost or
bl a portion ol the grant spent on Ihe ass•l$ concerned,. whicthever Is greatsr.
Th& Hentage Lollery Fund may also decidt not to 8gk lor repaymènt ol the grant lor any partl for any reason,
bul il is for the lo decirje that.
14. Ultlmat• Controlllng P•rty
Thé Chafity is Under lh¢ ¢ontrol of the board ol Trustees