Company registration number 01814110 (England and Wales) Charity registr#tion number 515399 (England and Wales) WIRKSWORTH HEIUTAGE CENTRE ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 JUNE 2025 Rsign Envelope ID. ENV879725474915-EAM-573fvADEC 0812912028 09.07 AM urc
WIRKSWORTH HERITAGE CENTRE LEGAL AIYD ADMINISTIL4TIVE INFORMATION Truslees A E Lindsay (Honorary Treasurer) J Ferguson-Lee (Chair) Country ofillcorporatio United Kingdom (England and Wales) 01814110 Charity registration England and Wales 515399 Registered oftfiee 31 St. Johns Street Wii'ksworth Matlock Derbyshire DE4 4DS llldependent examiner UHY Hacker Young 14 Park Row Nottingham NGI 6GR Rsign Envelope ID. ENV879725474915-EAM-573fvADEC 0812912028 09.07 AM urc
WIRKSWORTH HERITAGE CENTRE CONTENTS Page Trustees, report Independent examiner's report Stat¢m¢nl of financial a¢tivili¢s Balancc sheet Notes to the financial statements 6- 16 Rsign Envelope ID. ENV879725474915-EAM-573fvADEC 0812912028 09.07 AM urc
WIRKSWORTH HERITAGE CENTRE TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) FOR THE PERIOD ENDED 30 JUNE 2025 The trustees preseni iheir annual report and financial 51atement5 for the period ended 30 June 2025. The financial statements have been prepared in accordance with the accounting policies sel out iii noie I lo the fiiiaiici&l slatemeiits and c()mply ,1117 th¢ Comp&nies Act 2006 and 'Accouniing and Reporting by Chai'ities: Statement of Recommended Praciice applicable to cliarities preparing their accounts in accordance '1th the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective l January 2019). Objectives and activities The company is a registered ¢harily established lo advance by all such means as are ¢harilable in law, education in, research into and knowledge and int¢rpretation of th¢ history and development of the town of wirksOrth in Derb)'shire: for the benefit of the public in general and the inhabitants of Derbyshire in particular and for such purposes to establish a Heritage Centre in Wirksworth with museum and related educational activities. The "collection" consists largely of items and artefacts which have been donated to the Centre on the uiiderstanding that they will be accessioned as part of the permanent Inuseum colleelion. The Irust¢es ¢ontinll¢d to provid¢ ¢haritable servi¢es lo m¢mb¢rs of the publi¢ organisations, all of whom have met the trustees, criteria for the provision of such until January 2025 at which point Wirksworth Heritage Centre ceased trading. The trustees have complied with their duty in Seclion 117 of the Charities Act 2016 to have due regard to public benefit guidance published by the Commissioii. Aehievements and performance The Centre is was open five days per week. Collection items in galleries 1-3 were displayed. Gallery 4 included a temporary exhibilions. Finiineial review Risk Mana ement Tlie Council of Management reviews the major risks which the charity faces on a regular basis. Througl)out 2024 the Centre continued lo benefit from the National Lotter), Heritage Fund resilience grant of £249.500 but becaiiic incrcasingl!, awar¢ that the grant would not be suificicnt to enable the organisation to gct through tlie challenges and become self-5UtTicient within th¢ liiM¢frame of the grant. Work took plac¢ lo address these issues bur in the end rhe in¢reaged ¢osts of ¢ontra¢ls: urililies, staffing and sloik a$ such tliat despite the efforts of staff and Tn]ste¢s, closure had to be considered Advice was souglit from our funders and other professionals. In January of 2025, based on professional advice the decision was made not to worsen the business/charity and the decision was made to cease trading. Transactions & Financial Position Th¢ Statement of Financial Activities shows net expenditurc of £256,766 {2023'. net expenditure of £112.097). In¢ome in¢ludes a managem¢nr re¢harg¢ to th¢ trading subsidiary, in 2025 this totalled £Nil (2023.. £119,626). As at 31 December 202) the trading subsidiary owed tlie charity £Nil {2023.' £116,037)- Goin coiicern The erttily ceased to trade in January 2025 aiid therefore these financial statements are not prepared on the going ¢oncern basis. Rsign Envelope ID. ENV879725474915-EAM-573fvADEC 0812912028 09.07 AM urc
WIRKSWORTH HERITAGE CENTRE TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE PERIOD ENDED 30 JUNE 2025 Struetiire? governanee and management Goernin Document The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. The charity is coiistitutcd as a company litnited by guarant¢e and is thercforc governed by a Memoraiidutll and Articles of Association. Tlie company was incorporated on 4 May 19¥4. In the event of the company being wound up every memb¢r is required lo conlribule an amouni not ¢x¢e¢ding £1. Council of Mana ement The directors of the compan), are also charity trustees for the purwses of charity law and under the company's Articles of Association are known as the Council. The Articles provide for a minimum of threc Council meinbers in addition to thc Honorarv Sccretary and Honorary Treasurer, all of whom must be members of the eharity. The Counvil may al any time Co-opt any person qiialified for appointment lo fill a va¢an¢y in Iheir niimber, but a co-opted member holds 01¢ only until the next annual general meeting and shall then be eligible for re-&ppointment. Council members may be appointed or removed by ordinary resolution of the charity. Council Ineels frotn time to titne as required and is responsible for carrying out the whole of the business of the charity. The company has not entercd into any contracl in which a mcinber of Council has an interest. Th¢ tru51ccs, who are also the directors for the purpose of company law, and who 5crvcd during thc pcriod and up to the date of signature of thr financial stateiii¢nts were.. S Barkley-smith A E Lindsay (Honorary Treasurer) J Ferguson-Lee (Chair) N Lamb (R¢sign¢d 31 May 2024) (Resigned 4 September 2024) The Trustces, rcport was approved by thc Board of Trustccs. J Ferguson-Lee (Chair) Trustee 24 June 2026 Rsign Envelope ID. ENV879725474915-EAM-573fvADEC 0812912028 09.07 AM urc
WIRKSWORTH HERITAGE CENTRE INDEPENDENT EMMINER'S REPORT TO THE TRUSTEES OF WIRKSWORTH HERITAGE CENTRE report to the tnistees on my examination of the financial statements of Wirksworth Heritage Centre (the charitv) for the period ended 30 June 20?5. Responsibilities and basis of report As Ihe Irusl¢es of rhe Charity {and also ils directors for the purposes of ¢ompany law), yoii are responsibl¢ for the preparation of the fiiiancial statements iii accordance iN'ith the requireinents of the Companies Act 2006. Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the Companies Aci 2006 and are eligible for independent examination, I report in respect of my examination of the cliarity's fiiiaiicial statements carried out under sectioi) 145 of the Charilies Act 2011. In carrying out my examination I have followed the Directions given by the Charity Cotnmission under section 145{5}Ib) of th¢ Charities Act 2011. Independent examiner's statement I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect.. accounting records were iiot kept in respect of the Charity as required by seelion 386 of the Companies A¢t 2006. the tinancial statements do not accord I.71h those records; or th¢ financial qtatements do not comply with the accounting requirements of s¢¢tion 396 of the Companies Act ?006 other than an), requirement that the financial statements give a true and fair view, which is not a matter considered as part of an independent examination,. or the fiiiaii¢ial slalements l)ave iiol been prepared in av¢ordance with Ilie methods and principles of Ihe Siateinenl of R¢commend¢d Practic¢ for ac¢ounting and reporting by charities applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102). I have no concerns and have come across no other niatters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statetnents to be reached. David Allum FCCA For and on behalf of UHY Hacker Young Chartcrcd Accountants 14 Park Row Nottingham NGI 6GR 2910612026 Rsign Envelope ID. ENV879725474915-EAM-573fvADEC 0812912028 09.07 AM urc
WIRKSWORTH HERITAGE CENTRE STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE PERIOD ENDED 30 JUNE 202$ Unrestricted Restricted funds funds 2025 2025 Total Unrestricted Restricted funds funds 2023 21)23 Total 2025 2023 Notes Ineome from: Doiiations aiid legacies Charitable activities 1,684 155.033 156,717 1,959 23,106 25,065 11,520 11,520 127,261 127,261 Total income 13,204 155,033 168,237 129,220 23,106 152,326 Expenditure on: Charitable activities 226,075 198,928 425,003 174,598 89,825 264,423 Total expenditure 226,075 198,928 425,003 174,598 89,825 264,423 Net expenditure (212,871) (43,895) (256,766) (45,378) (66.719) {112,097) Transfers beiween {11,610) 11,610 Net movement in fullds (212,871) (43.895) (V56,766) (56,988) {55,109) (112,097) Reconciliation of funds: Fund balances at l January 2024 261,995 1.146,016 1,408,011 318,983 1,201,125 1,520,108 Fund balances at 30 June 2025 49,124 1,102,121 1.151,245 261.995 1,146,016 1.408,011 Tlie statement of financial activities includes all gains and losses recognised in the period. All income and expenditure derive from continuing activities. Rsign Envelope ID. ENV879725474915-EAM-573fvADEC 0812912028 09.07 AM urc
WIRKSWORTH HERITAGE CENTRE BALANCE SHEET AS AT 30 JUNE 2025 2025 2023 Note5 Fixed assets Tangible assets Investments 1,143,402 1,191,087 io 1,143.402 1,191,088 Current assets Debtors Cash at bank and in hand li 3,940 14,062 130,426 101,148 18,002 231,574 Creditors: amoullts falling due withill one )ear 12 (10,159) (14,651) Iyet current #Ssels 7,843 216,923 Total assets less current lii)bilities 1,151,245 1,408,011 The fullds of the charity Restricted incoiiie fuiids Unrestricted funds 13 14 1 102,121 49,124 1,146,016 261,995 1,151,245 1,408,011 The company is cnlitl¢d to the exetnption from ihc audit requirement contained in scction 477 of the Companies Act 2006, for the period ended 30 June 2025. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 ivitl) respect to accounting records and the preparation of fiiiaiicial statetnents. The Inembers have not rcquired the cotnpany to obtain an audit of its financial statements for the period in qUC51ion in accordance witli 5CCtion 476. These financial statements have been prepared in accordance with the provisions applicable lo companies subject to the small companies regime. Th¢ finan¢ial slat¢m¢nts wer¢ approved by the trusl¢¢s on 24 Jun¢ 2026 J Ferguson-Lee (Chair) Trustee Rsign Envelope ID. ENV879725474915-EAM-573fvADEC 0812912028 09.07 AM urc
WIRKSWORTH HERITAGE CENTRE NOTES TO THE FIIYAIYCIAL STATEMENTS FOR THE PERIOD ENDED 30 JUNE 2025 Aceounting polieies Charity information wirksorth Heritage Centre is a private company limited bv guarantee incorporated in Englaiid and Wales. The regisrered oifice is 31 Si. Johns Sireel, Wirksworrh, Mailock, Derbyshire: DE4 4DS. 1.1 Reporting period The financial statements have been prepared for the 18-month period ending 30 June 2025. The comparative financial statemenls were prepared for the 12-tnonth period ending 31 Decetnber 2023. 1.2 Accounting convelltio The financial statements have been prepared iii accordance ivith the charity's governin¥ docuinciil. the Coinpanies Act •006. FRS 102 The Financial Reporting Siaiidard applicable in the IIK and R¢public of Ireland" and the Charities SORP 'Accounting and Reporting b). Charities.. Stateinent of Recommended Practice applicable to charities preparing Iheir accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102)" The charity is a Public Benefit Entity as defined bv FRS 102. The charity has tskcn advanlagc of thc provisioiis ill the SORP for charities not to prepare a statcmcnt of cash flo$. The financial statements are prepared iii sterling and are rounded ro the nearesi £. The finan¢ial slat¢m¢nls have been pr¢par¢d under the histori¢al ¢ost ¢onv¢ntion. Th¢ prin¢ipal accounting policies adopted are set out beloiv. 1.3 Going concer Thc financial stsletnents have not been prepared usin¥ the goin¥ coiicern basis as the entity ceased to trade in Jaiiuary 2025. 1.4 Charitable funds Unrestricted fuiids are availabl¢ for use at the discretion of th¢ Irust¢¢s in furth¢ran¢¢ of their ¢hariiabl¢ objectives. Restricted funds are subjecl lo specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements. Further explanation of the nature and purix)se of each fund is included in the notes to the financial statements. 1.5 Income Income is recognised ivhen the charity is leg<illy entitled to it after any perfomiance conditions have been met, the amounts can be measured reliablv, and it is probable that income will be received. Rsign Envelope ID. ENV879725474915-EAM-573fvADEC 0812912028 09.07 AM urc
WIRKSWORTH HERITAGE CENTRE NOTES TO THE FIIYAIYCIAL STATEMENTS {CONTINUED) FOR THE PERIOD ENDED 30 JUNE 2025 Accounting policies (Continued) 1.6 Expenditure Liabilities are recognised as expenditure as soon as there is a legal or constriictive obligation committing the charil), to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accoiinted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be dircctly attributcd to particular headings they have been allocated to activities on a basis ¢onsi5tcnl willi th¢ usc of rcsourLes. Where appropriate costs have been allocated to specific aciivities. 1.7 Tangible fixed assets Tangible fixed assets are initially measured at cost and subsequently measured at cost, net of depreciation. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases.. Land and buildings Plant and machinery Fixtur¢s. fittings & ¢quipment Cotnputers 20/0 straight line 20 % reducing balance I OD/0 Straight lin¢ 330/0 Straight line 1.8 Financial instruments The charity has clcctcd to apply thc provisi011s of Scction I I 'Basic Financial Instruments, and Scction 12 '0iher Financial Instruments Issues, of FRS 102 to all of its financial instruments. Financial instruments are recognised in the charity's balance sheet when the charity. becomes party to the contractual provisions of the instrument. Basicfinancial assets Basi¢ finan¢ial asseis, M.'lii¢h include d¢biors and Cash and bank balances, are initially measured at transaction price including transaction costs. Bu.vicfindnciol liabililies Basic financial liabilities, including creditors and loans are initially recognised at traiisaction price. Trade creditors are obligations to pa). for goods or services that have been acquired in the ordinary course of operations from suppliers. Trade creditors are recognised initially at transaction price. 1.9 Taxation Thc charity is exempt from corporation tax on it5 charitablc activities. Rsign Envelope ID. ENV879725474915-EAM-573fvADEC 0812912028 09.07 AM urc
WIRKSWORTH HERITAGE CENTRE NOTES TO THE FIIYAIYCIAL STATEMENTS {CONTINUED) FOR THE PERIOD ENDED 30 JUNE 2025 Don3itions and legaeies Unrestrieted Restrieted funds funds Total Unrestrieted Restricted funds funds Total 2025 2025 2025 2023 2023 2023 Donations and gifts Grants received.. 1,684 1,684 155,033 1,959 1,959 23,106 155,033 23,106 1,684 155,033 156,717 1,959 23,106 25,065 Donations and gifts Donations Gift aid 1.684 1,684 1,000 959 1,000 959 1,684 1,684 1,959 1,959 Grants receivable for Core activities Heritage Lottery Fund 155.033 155,033 23,106 23,106 155,033 155,033 23,106 23,106 Rsign Envelope ID. ENV879725474915-EAM-573fvADEC 0812912028 09.07 AM urc
WIRKSWORTH HERITAGE CENTRE NOTES TO THE FIIYAIYCIAL STATEMENTS {CONTINUED) FOR THE PERIOD ENDED 30 JUNE 2025 Ineome from eharitable activities Unre5tric¢ed Unrestricted funds fllnds 2025 2023 Chyritable activities Museum admissions Services provided under contract Otlier interest receivable Rental income Miscellaneous income 8,536 6,2?6 119,626 598 253 558 446 562 1,976 11,520 127,261 Charitable activities Charitable Expenditure Charitable Expenditure 2023 Deprecialion and impairment Cafe and shop Museuiii Other 47,909 179,856 18,756 170,636 50,212 83,747 6,173 118,501 417,157 258,6J3 Share of support costs (see note 5) Share of govcrnancc costs {s¢c note 5) 4,846 3,000 2,990 2,800 425,003 264,423 Analysis by fund Unrestricted funds Restricted funds 226,075 198,928 174,598 89,825 425,003 264,423 Rsign Envelope ID. ENV879725474915-EAM-573fvADEC 0812912028 09.07 AM urc
WIRKSWORTH HERITAGE CENTRE NOTES TO THE FIIYAIYCIAL STATEMENTS {CONTINUED) FOR THE PERIOD ENDED 30 JUNE 2025 Support eosts alloeated to aetivities 2025 2023 Finance Governance costs 4,846 3,000 2,990 2,800 7,846 5,790 Analysed between: Charitsblc activities 7,846 5,790 Net movement in funds 2025 2023 The net movement in funds is stated after chargingl(crediting)'. Fees pa)'able for the independent examination of the charity's financial statements Depreciation of owned tangible fixed assets 3,000 47,909 3,000 50,212 Trustees Ther¢ were no trustees, remuneration, expenses or oth¢r b¢nefits for lh¢ period end¢d 30 June 2025 nor for the year ended 31 December 2023. Employees The average monthly number of employees during the period was.. 2025 Number 2023 Number 13 There were no employees whose annual remuneration M'as more than £60.000. Rsign Envelope ID. ENV879725474915-EAM-573fvADEC 0812912028 09.07 AM urc_ i o-
WIRKSWORTH HERITAGE CENTRE NOTES TO THE FIIYAIYCIAL STATEMENTS {CONTINUED) FOR THE PERIOD ENDED 30 JUNE 2025 Tangible fixed assets Pla¢ Fixr?5. fittiTr%$ t4uipment ('ompv¢tr5 Tvtal Cost At l January 2024 Additions 1,134,366 34,048 269,953 224 21,339 1,459,706 224 AI 30June 2025 1,134,366 34,048 270,177 21,339 1,459,930 Depreeiation and impiiirment Ai l January 2024 Dcprecialion charged in the period 77,131 19.287 24,806 1,848 146,020 26,293 20,662 481 268,619 47,909 At 30 Junc 2025 96,418 26,654 172,313 21,143 316,528 Carrying amount At30June 2025 1,037,948 7,394 97,864 196 1,143,402 At 31 December 2023 1,057,235 9.242 123,933 677 1,191,087 10 Fixed asset investments Other investments Cost or valllation Al l January 2024 Disposals At 30 June 2025 Carrying amount Ai JD Jiine 202) Ai J l D¢¢¢mb¢r 2023 2025 2023 Other investments comprise.. Notes Investments in subsidiaries Rsign Envelope ID. ENV879725474915-EAM-573fvADEC 0812912028 09.07 AM urc_ I I
WIRKSWORTH HERITAGE CENTRE NOTES TO THE FIIYAIYCIAL STATEMENTS {CONTINUED) FOR THE PERIOD ENDED 30 JUNE 2025 11 Debtors 2023 Amounts falling due witbin one year: Amounts owed by subsidiary undertakings Other debtors Prepaymenls and accrued income 116,037 5,885 8,504 1,327 2,613 3,940 130,4?6 12 Creditors: amounts falling due within one year 2025 2023 Notes Bank overdrafts Other tsxation and social security Trade creditors Oth¢r Lrcditors Accruals and deferred income 1,838 5,766 2,484 465 5,936 3,012 561 4,748 10,159 14,651 Rsign Envelope ID. ENV879725474915-EAM-573fvADEC 0812912028 09.07 AM urc_ 12-
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WIRKSWORTH HERITAGE CENTRE NOTES TO THE FIIYAIYCIAL STATEMENTS {CONTINUED) FOR THE PERIOD ENDED 30 JUNE 2025 14 Ullrestrieted funds The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are noi subje¢t lo sp¢cific ¢ondilions bv donors and grantors as lo ho.. Ili¢y may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes. At l January 2024 Ineoming resources Resources expended Transfers At30 June 2025 HLF eii)ergency tunding General funds 500 261,495 500 48,624 13.204 (226,075) 261,995 13.204 (226,075) 49,124 Previou5 year: Al l January 2023 Incoming resources Resource5 expended Transfers At31 December 2023 HLF emergency funding General funds 525 318,458 (25) (174,573) 500 261,495 129,220 {11,610) 318,983 129,220 (174,598) {11,610) ?61,995 15 Anal}'sis of net assets between funds Unrestricted Restrictred funds funds 2025 2025 Total Unreslricted Restrictred funds funds 2023 2023 Total 2025 2023 Tangible assets Investments Current assets 177,619 965,783 1,143.402 185,874 1.005,213 1,191,087 (128.495) 136.338 7,843 87.730 129,193 216,923 49,124 1,102.121 1,151.245 273.605 1,134.406 1.408,011 Rsign Envelope ID. ENV879725474915-EAM-573fvADEC 0812912028 09.07 AM urc_ 15
WIRKSWORTH HERITAGE CENTRE NOTES TO THE FIIYAIYCIAL STATEMENTS {CONTINUED) FOR THE PERIOD ENDED 30 JUNE 2025 16 Related party transactions Transiictions with related parties During the period the charity entered into the following transactions with related parties.. Payments made on behalf Payments re¢ieved from ofsubsidiary sllbsidiary 2025 2025 2023 2023 Wirksworth Heritage Centre Trading Limited 117,998 205,299 234,035 178,292 117.998 205,299 234,035 178,292 The following amounts were outstanding at the reporting end date.. Amounts owed by related Amounts owed by related p3irties parties 2023 2025 Balance Net Baliinee Net wirksOrth Heritage Centre Trading Limited 116,037 116,037 116,037 116,037 The subsidiary ceased to trade during the year and has since been dissolved. The balance due from the entity has been written off to the Statement of Financial Activities during the period as it is deemed to be irrecoverable. Rsign Envelope ID. ENV879725474915-EAM-573fvADEC 0812912028 09.07 AM urc_ 16-