# ## ## |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| ##