| Index | Page |
|---|---|
| Annual Report of the Trustees | 1 |
| Independent Examiner's Report | 5 |
| Statement of Financial Activities | 6 |
| Balance Sheet | 7 |
| Statement of Cash flows | 8 |
| Notes to theAccounts | 10 |
| Structure, governanceand man Description of the charity's trusts |
agement |
|---|---|
| Type of governingdocument | The Foundation's governing document has been modified over the years, the currenttrust |
| (e.g. trust deed, royal charter) | document was sealed |
| on 19 December 1956and amended 19 September 2020 and 19 September 2023. | |
| How the charity is constituted |
|
| Trustee selection methods including | The representative trustees are appointed for a term of 3 years. The co-optative trustees are |
| details of any constitutional | appointed by resolution of the trustees for a term of 5 years. |
| provisions e.g. election to postor | |
| name of any person or body entitled | |
| to appointone or more trustees |
| Charity's principaladdress | 101 Top Street | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Appleby Magna | ||||||||||||
| Derbyshire | ||||||||||||
| DE12 7AH | ||||||||||||
| Names of the trustees who mana | e the chari | |||||||||||
| Trustee name | Office (if any) | a es ace | no | or w oe | ane o person | or | o | en | e | o zppotn | rus ee | 1 |
| Robert Shields | ||||||||||||
| Kevin Jones | ||||||||||||
| David Gray | ||||||||||||
| Tim Mattos | ||||||||||||
| Phil Sterne | ||||||||||||
| Richard Tett | ||||||||||||
| Marcos Hart | Appointed | October 2025 | ||||||||||
| Claire Whitehurst | Resigned | January 2026 | ||||||||||
| Andrew Moore | Resigned | January 2026 |
| Names and addresses of advisers | ||||
|---|---|---|---|---|
| T e of adviser Name |
Address | |||
| Independent | ||||
| Examiner Karen Wood ACMA |
Outsource Accounting Services and | IE'S | ||
| 2 Galligap Lane | ||||
| Osbaldwick, York | ||||
| V010 3NR | ||||
| National Westminster | Burton-on-Trent | |||
| Bankers Bank |
||||
| Statement of Trustees' Responsibilities | ||||
| The Trustees are responsible for preparing the Trustees' Annual Report and the financial statements | in accordance | |||
| with applicable law and UKAccounting Standards (UK Generally Accepted Accounting | Practice). | |||
| The law applicabie tc charities in England and Wales requires the trustees to prepare financial | statements for each | |||
| financial year whizh give a true and fair view of the state of affairs of the charity and of | the incoming | resources and | ||
| application of resources of the charity for that period. In preparing these financial statements, | the Trustees are required | |||
| to: |
| (Charity Registration Number 5 | (Charity Registration Number 5 | (Charity Registration Number 5 | 10484 ) | ||
|---|---|---|---|---|---|
| Statement of Financial Activities for the yearended: | 31 March 2026 | ||||
| Unrestricted | Restricted | Total | Total | ||
| Note | funds | funds | 2026 | 2025 | |
| Incomeand endowmentsfrom: | |||||
| Donations and legacies | 3.1 | 25,170 | 25,170 | 28,154 | |
| Charitable aztivities | 3.2 | 8,726 | 48,528 | 57,254 | 48,538 |
| Othertrading income | 3.3 | 8,857 | 8,857 | 14,225 | |
| Investment income | 3.4 | 53,332 | 53,332 | 52,425 | |
| Total income | 3 | 96,085 | 48,528 | 144,613 | 143,342 |
| Expenditure on: | |||||
| Raising funds | 7,979 | 7,979 | 4,606 | ||
| Charitable a=tivities | 4.2 | 51 ,719 | 57 ,307 | 109,026 | 118,359 |
| Investment management costs | 4.3 | 26,921 | 26,921 | 25,628 | |
| Total expenditure | 4 | 86,620 | 57,307 | 143,927 | 148,593 |
| Net income/(expenditure) | 9,465 | (8,779) | 686 | (5,251) | |
| Gross transfers between funds | |||||
| Gains on investments | 2,567 | 2,567 | |||
| Net movement in funds | 12,032 | (8,779) | 3,253 | (5,251) | |
| Total funds brought forward | (2,306 ) | 8,779 | 6,473 | 11,724 | |
| Total funds carried forward | 9,726 | 9,726 | 6,473 |
| Balance Sheet as at: | 31st March | 2026 | |||
|---|---|---|---|---|---|
| Note | 2026 | 2025 | |||
| Fixed assets | |||||
| Investment assets | 7 | 4,229 | 1,662 | ||
| Total fixed assets | |||||
| Current assets | |||||
| Cash at bank and in hand | 8 | 12,169 | 18,565 | ||
| Debtors & prepayments | 9 | 1,902 | 6,009 | ||
| Total current assets | 14,071 | 24,574 | |||
| Current liabilities: amounts falling due | |||||
| within one year | |||||
| Creditors and accruals | 10 | (8,574) | (19,763) | ||
| Net current assets | 5,497 | 4,811 | |||
| Total assets less | current liabilities | 9,726 | 6,473 | ||
| Funds of the Charity | 12 | ||||
| Unrestricted Funds (General) | 9,726 | (2,306 | ) | ||
| Restricted Funds | 8,779 | ||||
| Total Funds | Carried Forward | 12 | 9,726 | 6,473 |
| Total | Total | |
|---|---|---|
| 2026 | 2025 | |
| Cash flows from operating activities | ||
| Net income/(expenditure)for the year | 3,253 | (5,251 ) |
| Add: Depreciation for the year | ||
| 3,253 | (5,251 ) | |
| Working capital changes | ||
| (Increase)/decrease in debtors | 4,107 | 2,519 |
| Increase/(decrease) in creditors | (11,189 ) | (69 ) |
| Net cash provided by/(used in) operating activities | (3,829 ) | (2,801 ) |
| Cash flows used in investing activities | ||
| Gain on investment | (2,567 ) | |
| Purchase offixed assets | ||
| (2,567 ) | ||
| Change in cash and cash equivalents in the year | (6,396 ) | (2,801 ) |
| Cash and cash equivalents at 1 April 2025 | 18,565 | 21 ,366 |
| Cash and cash equivalents at 31 March 2026 | 12,169 | 18,565 |
| 1 | Basis of preparation | ||
|---|---|---|---|
| 1.1 Basis of accounting | |||
| The financial statementsare prepared under the historical cost convention and the Accounting and Reporting | by | ||
| Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance | with | ||
| the Financial Reporting Standard applicable in the UK and Republic of Ireland (Charities |
SORP(FRS 102)). | ||
| 1.2 Change of basis of accounting | |||
| There has been no change to the accounting policies (valuation rules and methods of accounting) since last year. | |||
| 1.3 Change to previous accounts | |||
| During the year it was idendified that certain incomeand expenditure items had been inco•rectly analysed within the | |||
| Statement of Financial Activities in the year ended 31st March 2025. As a result, income | end costs have been | ||
| reclassified between catagory headings to ensure a more accurate presentation of resoucesreceived and expended | |||
| in accordance with the Charities SORP(FRS 102) | |||
| The adjustment does not affect total income or expenditureor the net movemebt in funds tor the prior year. |
|||
| 2 | Accounting policies | ||
| Income and endowments | |||
| Recognition of income | |||
| These are included in the Statement of Financial Activities (SoFA) when. | |||
| - the charity becomes entitled to the resources; | |||
| - receipt of the resources is probable; and | |||
| - the monetary value can be measured with sufficientreliability. | |||
| Incoming resources with related expenditure | |||
| Where incoming resources have related expenditure, the incoming resources and related expenditure are reported | |||
| gross in the SoFA. |
|||
| Grants and donations | |||
| Grants and donations are only included in the SoFAwhen the charity has evidence of enti•lement to the resources | |||
| and receipt is probable. | |||
| Volunteer help | |||
| The value of any voluntary help received is not included in the accounts but is described | in the trustees' annual report. | ||
| Investment income | |||
| This is included in the accountswhen receivable. |
|||
| Expenditure and Liabilities | |||
| Expenditure | |||
| Raising funds | |||
| Cost of raising funds comprise those costs associated with attracting voluntary income. | |||
| Charitable activities | |||
| Charitable activities expenditure comprises those costs incurred by the charity in the delivery of its activities and | |||
| services. It includes both costs that can be allocated directlyto such activities and those |
costs Of an indirect nature | ||
| necessary to support them. | |||
| Liability recognition | |||
| Liabilities are recognised as soon as there is a legal or constructive obligation committing | the charity to pay out | ||
| resources. | |||
| Assets | |||
| Tangible fixed assets for use by the charity | |||
| The principal asset of the Foundation is the Grade 1 listed building,which is over 300 years old. As the retention of the building is the main object of the charity, and the building has historic impcrtance it can be considered |
|||
| an historicasset in accordance with the Charities Statement of Recommended Practice. |
| otes to the accounts for the year | ended: | 31 March 2026 | ||||
| 3 Income and endowments | 2026 | 2025 | ||||
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | |
| funds | funds | 2026 | funds | funds | 2025 | |
| 3.1 Donations and legacies | ||||||
| Donations & fundraising | 25,170 | 25,170 | 28,154 | 28,154 | ||
| 25,170 | 25,170 | 28 154 | 28,154 | |||
| 3.2 Charitable activities | ||||||
| Grants | 48,528 | 48,528 | 45,771 | 45,771 | ||
| Contributions to maintenance | 6,000 | 6,000 | 2,767 | 2,767 | ||
| Heritage income | 2,726 | 2,726 | ||||
| 8,726 | 48,528 | 57,254 | 2,767 | 45,771 | 48,538 | |
| 3.3 Other trading income | ||||||
| Events | 100 | 100 | ||||
| Car Show | 1,892 | 1,892 | ||||
| Weddings | 6,232 | 6,232 | ||||
| Private hire | 350 | 350 | ||||
| Bar | 283 | 283 | ||||
| Fundraising events | 14,225 | 14,225 | ||||
| 8,857 | 8,857 | 14,225 | 14,225 | |||
| 3.4 Investment income | ||||||
| Lettings & recharges | 53,263 | 53,263 | 52,099 | 52,099 | ||
| Dank interest | 69 | 69 | 320 | 326 | ||
| 53,332 | 53,332 | 52,425 | 52,425 | |||
| Totalincome | 96,085 | 48,528 | 144,613 | 97,571 | 45,771 | 143,342 |
| 4 | Expenditure | |||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | |||
| funds | funds | 2026 | funds | funds | 2025 | |||
| 4.1 | Raising funds | |||||||
| Fundraising ovonts &advorticing | 54 | 54 | 371 | 371 | ||||
| Proportion of support costs | 7,925 | 7,925 | 4,235 | 4,235 | ||||
| 7,979 | 7,979 | 4,606 | 4,606 | |||||
| 4.2 | Charitable activities | |||||||
| Heritage expenses | 1,815 | 1,815 | 975 | 975 | ||||
| Museum manager salary & costs | 15,091 | 7 | ,974 | 23,065 | 9,629 | 9,629 | ||
| Shared school maintenance | 8,193 | 8,193 | 11,125 | 11,125 | ||||
| Grant project/Capital works | 39,489 | 39,489 | 52,861 | 52,861 | ||||
| Legal and professional fees | (1,865 ) | (1 ,865 ) | 2,526 | 2,526 | ||||
| Sundry expenses | 144 | 144 | ||||||
| Proportion of support costs | 28,341 | 9,844 | 38,185 | 41 ,243 |
41 ,243 |
|||
| 51,719 | 57,307 | 109,026 | 65,498 | 52,861 | 118,359 | |||
| 4.3 | Investment management costs Rental expenses proportion ot support costs |
Yö4 25,931 |
Z5,YJ/ | Z4,YUö | rzo Z4,SUö |
|||
| Total expenditure | 86,620 | 57,307 | 143,927 | 95,732 | 52,861 | 148,593 |
| No trustees received a remuneration for services rendered during the year out of pocket expenses incurred. |
nor were reimb | ursed for a | |
|---|---|---|---|
| 5.1 Fees for examinationof the accounts | 2026 | 2025 | |
| IndependentExaminer's fees for reporting on the accounts | 950 | 1,548 | |
| 6 | Staff costs and emoluments | 2026 | 2025 |
| 6.1 Staffcosts | |||
| Gross salaries | 48,600 | 53,958 | |
| Employers National Insurance | |||
| Pension contributions | 1,084 | ||
| 684 | 53 958 | ||
| 6.2 Average number of full timeequivalent employees by department | |||
| 2026 | 2025 | ||
| Charitable activities | 1.5 | 16 | |
| Investment management | 0.5 | ||
| Total | 2.0 | 2.00 |
| Valuation | at | 1 | April | 2025 | Not | valued |
|---|---|---|---|---|---|---|
| Additions | ||||||
| Disposals | ||||||
| Valuation | at | I | April | 2026 | Not | valued |
| At | 1 April 2025 | 1 ,662 |
|---|---|---|
| Gain in investment value | 2,567 | |
| At | 31 March 2026 |
| 8,652 | 7,833 |
|---|---|
| 3,517 | 10,588 |
| 102 | |
| 42 | |
| 12,169 | 18,565 |
| 2026 | 2025 | ||
|---|---|---|---|
| 1 | ,902 | 6,009 | |
| Total | 1 | 902 | 6 009 |
| 2026 | 2025 | |
|---|---|---|
| 124 | 292 | |
| 8,450 | 19.471 | |
| Total | 8 574 | 19 763 |
| 2026 | Balance | Incoming | Outgoing | Gain | Balance |
|---|---|---|---|---|---|
| Fund name | b/fwd | resources | resources | on investment | clfwd |
| Unrestricted funds (General) | |||||
| General unrestricted funds | (2,306) | 96,085 | 86,620 | 2,567 | 9 726 |
| Restricted finds | |||||
| National Lottery Heritage | 1 ,944 |
42,421 | 44,365 | ||
| Mercia Park | 2,585 | 2,585 | |||
| Family History Group | 478 | 750 | 1,228 | ||
| Storm Herk | 517 | 517 | |||
| NWLDC Community Grant | 3,255 | 3,255 | |||
| Flood resilience grant | 4,197 | 197 | |||
| Barchester grant | 1,160 | 1,160 | |||
| Total Restricted Funds | 8 779 | 48 528 | 57 307 |
| 2025 | Balance | Incoming | Outgoing | Balance | |
|---|---|---|---|---|---|
| Fund name | b/fwd | resources | resources | Transfers | clfwd |
| Unrestricted funds (General) | |||||
| General unrestricted funds | 4,145 | 97,571 | 95,732 | (2,306) | |
| Restricted funds | |||||
| National Lottery Heritage | 42,421 | 40,477 | 1 ,944 |
||
| Bells Heritage Board | |||||
| Mercia Park | 5,000 | 2,415 | 2,585 | ||
| Royal Society | 1,000 | 1,000 | |||
| Family History Group | 4,754 | 4,276 | 478 | ||
| Leicester CMF | 615 | 615 | |||
| Storm Henk | 2,500 | 11983 | 517 | ||
| LCC New Narratives | 2,000 | 2,000 | |||
| NWLDC Community Grant | 3,350 | 95 | 3,255 | ||
| Total Restricted Funds | 15,869 | 45,771 | 52,861 | 8,779 | |
| Total Funds | 11,724 | 143,342 | 148,593 | 6,473 |
| Net assets between funds |
||||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||
| Funds | Funds | 2025 | ||
| Balances at 31st March 2026 | ||||
| Fixed assets | 4,229 | 4 | ,229 | |
| Current assets | 14,071 | 14,071 | ||
| Current liaoiliiies | (8,574 ) | (8,574) | ||
| 9,726 | 9,726 |
| Unrestricted | Restricted | Total | |
|---|---|---|---|
| Funds | Funds | 2024 | |
| Balances at 31st March 2024 | |||
| Fixed assets | 1.662 | 1,662 | |
| Current asses | 15,795 | 8,779 | 24,574 |
| Current liabilities | (19,763 ) | (19,763) | |
| (2,306 ) | 8,779 | 6,473 |