OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator. This document is also available as Markdown.

← Castle Bromwich Hall And Gardens Trust

2024-12-31-accounts

COMPANY NUMBER: 01944650

REGISTERED CHARITY NUMBER: 516855

Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 December 2024 for Castle Bromwich Hall and Gardens Trust

Castle Bromwich Hall and Gardens Trust Chester Road Castle Bromwich Birmingham B36 9BT

1

COMPANY NUMBER: 01944650

REGISTERED CHARITY NUMBER: 516855

Castle Bromwich Hall and Gardens Trust

Contents

Page
Report of the Trustees 3 - 9
Independent Examiner's Report 10
Statement of Financial Activities 11
Balance Sheet 12-13
Notes to the Financial Statements 14 - 25
Comparative Statement of Financial Activities 26
Comparative Balance Sheet 27

2

COMPANY NUMBER: 01944650

REGISTERED CHARITY NUMBER: 516855

Castle Bromwich Hall and Gardens Trust

Report of the Trustees for the Year Ended 31 December 2024

The Trustees, who are also directors of the charity for the purposes of the Companies Act 2006, are pleased to present their report together with the financial statements of the charitable company for the year ended 31 December 2024 which are also prepared to meet the requirements of a Directors' report and accounts for Companies Act purposes.

The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and 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 (FRS 102) (updated 1 January 2019).

OBJECTIVES AND ACTIVITIES

The objectives of the Trust are to promote the permanent preservation and restoration of the Gardens (including any structures and buildings contained therein), which adjoin Castle Bromwich Hall, for the benefit and education of the public generally.

The Trust continues to restore and maintain the Gardens and keep them open to the public. Fundraising events take place throughout the year.

The Trust depends upon the contribution of a large number of volunteers who work across the whole range of its activities.

The Trustees confirm that they have referred to the guidance contained in the Charity Commission's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)', when reviewing the Charity's aims and objectives and in planning future activities.

ACHIEVEMENTS AND PERFORMANCE

The twelve months of 2024 have been one of ‘all sorts’, with significant moments of turbulence across all aspects of the Trust's work.

Since the pandemic, the Trust’s small team of staff and volunteers have worked tirelessly to provide a truly welcoming space for visitors and users. Their cumulative work seemed to have paid off in 2024 with an unprecedented 53% rise in visitor numbers; topping more than 21,000 visitors for the first time and more than doubling pre-pandemic figures.

Over half of those visitors (62%) participated in our events and activities, while nearly 9% came purely for coffee, cake or a chat in our open air courtyard cafe.

We continue to be indebted to the (mere) fifty or so people who work so hard, enthusiastically and skillfully all year round to make the Historic Gardens and Parkland such a precious place for all to share.

While this positive hike in numbers is still not echoed by an equal hike in income, it nevertheless leads us to believe that, as a developing heritage visitor attraction, the message is now ‘out there’ and the balance of activities, opportunities and events is working, at least for now.

We were not alone however in also counting more weather related event cancellations; over ten across the year. Increasingly unpredictable weather events and shifting climate conditions continue to challenge both Gardeners and Visitor facing teams.

3

COMPANY NUMBER: 01944650

REGISTERED CHARITY NUMBER: 516855

Castle Bromwich Hall and Gardens Trust

Report of the Trustees for the Year Ended 31 December 2024

Persistent waterlogging, wind damage and the unstoppable increase of voracious pests (eg Box Moth, Cydalima perspectalis) cannot be ignored. The Gardening team, alongside specialist Trustees, are developing short and long term policies to manage changes in cultivation and horticultural management. Implementing these across the next five years will be challenging physically, financially and for our historic continuity. A future where our early 18th century garden may have no box hedging at all, has to be contemplated.

Our continued, and newer, relationships with other horticultural and heritage organisations gives us a shared strength to face the future. We have active connections and shared projects with Garden Organic, the East Birmingham team of the National Trust, SPAB (Society for the Protection of Ancient Buildings) and continue to be happily allied to the RHS (Royal Horticultural Society) and NGS (National Gardens Scheme).

New this year has been gaining a Bronze Award for Green Tourism and being part of a new marketing partnership, The Gardens of Birmingham.Both initiatives supported by West Midlands Growth Company. In 2025 we will also be submitting the Historic Parkland to be judged for a national Green Flag Award. Whether this is accepted or not, just being in a reasonable position to apply reflects the massive improvements we have already made to the 30 acre Nature Reserve. We continue to work positively in partnership with the land’s owners, Birmingham City Council, to conserve the valuable and historic habitats for nature as well as opening up the area for people’s enjoyment.

Further funding - as well as a great deal of staff and volunteer time - has also resulted in much revived and refreshed interpretation on site, more nature and family friendly activities and the launch of a new (free) digital tour guide through the Bloomberg Connects global arts and culture app.

A timely review of governance, begun in 2023, saw an overwhelming membership vote in favour of the update at an EGM in June, with its confirmation at the AGM in September 2024. The Trust’s legal constitution has now been updated with the Charity Commission and Companies House.

Going forward, the Trustee Board will consist of people chosen and voted in because of the skills and experiences they have which are relevant to the Trust’s work and development. A new Stakeholder Group, which has already met, also serves as a consultative group with local and regional interests in the Gardens..

Such reviews, which are part and parcel of good practice in the charity sector, are advised to be undertaken at regular intervals, this was the first for more than fourteen years.. We note here, with regret that so much productive time was lost, caused by a few who chose an antagonistic and combative approach to the process.

The current Trustees wish to thank the many others; trustees, members and interested parties who worked positively and constructively in the interest of the Trust as part of the review. into 2025 and beyond Trustees will continue to develop the Board to ensure good governance for the long term benefit of the Trust.

FINANCIAL REVIEW

The Trust can now be confident that income raised through its own revenue streams and trading activities can cover a steady 60% of its annual costs and, with further investment, should grow steadily over the coming years.

In line with strategies to further diversify and grow the income streams the Trust began, with the help of funding from the Reach Fund, exploring the possibility of securing ‘social investment’. The exploratory work to look at other forms of steady financing will continue into 2025. We are seeking a new trustee who has experience in the financial and social finance sector to support our investigations and growth here.

4

COMPANY NUMBER: 01944650

REGISTERED CHARITY NUMBER: 516855

Castle Bromwich Hall and Gardens Trust

Report of the Trustees for the Year Ended 31 December 2024

FINANCIAL REVIEW CONTINUED

The, unusual, lack of any regular core funding and reserves for development work continues to leave a precarious and worrying gap in income for the Trust..

The ‘heritage premium’ of the Gardens i.e. the ongoing costs of preserving 350 year old protected buildings and landscape, is unlikely ever to be covered through revenue generation alone.

Fundraising for grants and donations will remain a permanent requirement for the Trust. An annual gap of around £130,000 is tough to fill on a regular basis. Existing foundations and grantmaking trusts themselves are struggling to meet the increased need in the voluntary and social sector. We will continue to work alongside experienced fundraisers in order to manage this shortfall.

Taking into account grant funding across financial years and unrealised gains and losses on investments the charity ends the year with restricted reserves of £177,615 and unrestricted reserves of £167,624, which provides the Trust with the ability to continue its charitable activities into the following year.

Although exceedingly tight control over expenses remains, a budget for the current year was set which includes investment into operational site improvements and support for further revenue generation.

Funds And Reserves Policy

Funds of the Trust at the end of the financial year are as follows:

General Funds
Designated fixed asset fund
Restricted funds - Projects
Restricted funds - Workshop & Gardeners Mess		 2024
2023
Total
Total
£
£
145,551
142,184
22,073
30,110
37,956
48,497
139,658
144,645
345,238
365,435

The Workshop & Gardeners Mess Fund represents historic amounts that were used to create some of the existing buildings of the Trust, are represented by fixed assets and will be used to fund future depreciation of the assets concerned.

Investment Policy

The Trustees' policy for the investment of funds is to obtain a balance between capital growth and income with medium risk. A proportion of the funds are held on interest bearing deposits which enable the funds to be readily available.

5

COMPANY NUMBER: 01944650

REGISTERED CHARITY NUMBER: 516855

Castle Bromwich Hall and Gardens Trust

Report of the Trustees for the Year Ended 31 December 2024

Going Concern

The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a going concern.

Future Plans

Work into 2025 will concentrate on maintaining the number of visitors and users experienced in 2024 by offering similar activities, events and experiences.

We will increasingly work with partners who share the Trust’s goals and values, to deliver these. Modest rises in entry fees and prices will be made in line with national figures, taking into account our local audiences’ ability to pay.

With external help, we will seek grant funding to support both larger, longer term projects and support to keep prices and access to the Gardens achievable for those with less disposable income.

Buildings

In early 2025 we received a generous gift from The Bradford Estates Castle, Bromwich Parish Charity enabling us to take the first tentative steps towards planning - and fundraising- for new buildings and indoor resource spaces.

Our members and visitors tell us that the lack of indoor spaces severely limits attendance at events and by schools and groups. The cafe operations could also extend its season with additional indoor spaces.

Over summer in 2025 community architects, APEC, will work with all our users and stakeholders to identify needs and wishes and provide first concept drawings. From that stage begins a much longer period of fundraising and development.

The Trust’s precarious and meagre financial position has not permitted such investments in the longer term future, so we are very appreciative of the support and confidence given by Bradford Estates charitable donation.

While the ease and level of engagement varies, we remain committed to maintaining positive connections with our neighbours at both the Hall /Hotel and at the Church to ensure the integrity of the historic experience for everyone.

Trustee and staff succession

Alongside planning a modest celebration of the Trust’s 40th anniversary, the new Board of Trustees will set about the task of further developing the Board and expanding the skills needed for the plans ahead.

The Trust is actively seeking people to help guide the two new trading subsidiaries, the building and other environmental improvements and staff succession planning in 2025 and beyond..

6

COMPANY NUMBER: 01944650

REGISTERED CHARITY NUMBER: 516855

Castle Bromwich Hall and Gardens Trust

Report of the Trustees for the Year Ended 31 December 2024

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing Document and Organisational Structure

Castle Bromwich Hall and Gardens Trust, a charitable trust set up in 1985, is a Company limited by guarantee and not having a share capital.

The Trust is governed by its Memorandum and Articles of Association, which were updated and revised, in the current year 2024.

The Trust is governed by a Board of Trustees (minimum of 3 and a maximum of 15) who are selected for their skills and experiences which are deemed beneficial to the survival and development of the Trust and its charitable objects. Trustees have power to co-opt for such a period they think fit any member, who in their opinion is able to contribute to the objects of the Trust. In line with good practice, Trustees are generally invited to stand for a limited period of time and retire by rotation.

Members of the Trust may attend and vote on resolutions and membership of the Board at general and annual general meetings. Membership of the Trust consists of Foundation members and ordinary members.

At present, as well as the necessary formal paperwork there is an informal process of induction for new Trustees carried out by the General Manager with a small sub group of Trustees. From time-to- time Trustees participate in further training and information sessions regarding governance issues.

The administration and regular operations of the Trust is carried out by the staff team with the support of the Trustees, who generally meet quarterly and participate in task and finish groups.

In 2024 an informal Stakeholder group, meeting quarterly, was set up to maintain active communication and conversation with individuals who have a local, regional and national interest in the Trust.

Key Management Remuneration

The board of directors, who are the charity's trustees comprise the key management personnel of the charity, in charge of directing, controlling, running and operating the charity on a day to day basis. No directors were remunerated for services provided to the charity for this reporting period.

Risk Management

Trustees on an ongoing basis examine the major business and operational risks which the trust faces, these are regularly reviewed during trustee meetings and procedures are established and followed to minimise and mitigate against the major risks identified.

7

COMPANY NUMBER: 01944650

REGISTERED CHARITY NUMBER: 516855

Castle Bromwich Hall and Gardens Trust

Report of the Trustees for the Year Ended 31 December 2024

REFERENCE AND ADMINISTRATIVE DETAILS

Company Number: 01944650 (England & Wales) Registered Charity Number: 516855 Registered Office: Castle Bromwich Hall and Gardens Trust Chester Road Castle Bromwich Birmingham B36 9BT Accountants: SAB Accountancy Services Ltd 102 Hamstead Road Birmingham, B43 5BN Independent Examiners: Pearl Accountancy Services Ltd 61 Bridge Street, Kington, HR5 3DJ Bankers: Lloyds Bank Plc 248 Stratford Road, Shirley, B90 3AE Investment Managers: M&G Investments CCLA Fund Managers 10 Fenchurch Avenue Senator House London 85 Queen Victoria Street EC3M 5AG London, EC4V 4ET

Trustees

The current Trustees, who are also directors for the purposes of the Companies Act, are as follows:

Richard, Earl of Bradford (Resigned 14th September 2024) Pauline Sylvia Allen (Resigned 14th September 2024) Diane Donaldson (Resigned 14th September 2024) Helen Johnson George Edward Richards Martin McCarthy (Resigned 14th September 2024) Alan Feeney (Resigned 14th September 2024) Marjorie Bridle (Resigned 14th September 2024) Ian Wykes (Resigned 14th December 2023) Bethan Collerton (Appointed 7th August 2024) Sebastian Walter Lovell-Huckle (Appointed 7th August 2024)

Nominated by Castle Bromwich Parish Council Nominated by Birmingham City Council

Nominated by Solihull MBC Nominated by Solihull MBC Nominated by Birmingham City Council

8

STERED CHARITY NUMBER: 516855 REG!

COMPANY NUMBER: 01944650

Castle Bromwich Hall and Gardens Trust

.

Report of the Trustees for the Year Ended 31 December 2024

STATEMENT OF TRUSTEES RESPONSIBILITIES The trustees (who are also the directors of Castle Bromwich Hall and Gardens Trust for the purposes of company law) are responsible for preparing the report of the trustees and the financial statement in accordance with applicable law and United Kingdom accounting standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the income and expenditure, ofthe charitable company for that period. In preparing those financial statements the trustees are required to:

|

|

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financialassets of thestatementscharitable complycompany with the and Companieshence for taking Act 2006.reasonable They aresteps also for responsiblethe prevention for safequarding theand detection of fraud and other irregularities.

Signed on behalf of the Board of Trustees

==> picture [128 x 35] intentionally omitted <==

----- Start of picture text -----
Vth hes wart
----- End of picture text -----

Ted Richards, Trustee 3ist May 2025

COMPANY NUMBER: 01944650

REGISTERED CHARITY NUMBER: 516855

Castle Bromwich Hall and Gardens Trust

Independent Examiner's Report for the Year Ended 31 December 2024

INDEPENDENT EXAMINER'S REPORT

To the members of Castle Bromwich Hall and Gardens Trust

We report to the trustees on our examination of the accounts of the above charitable company for the year ended 31 December 2024, which are set out on pages 3 to 11.

Responsibilities and Basis of Report

As the charity's trustees (and also its directors for the purpose of company law), you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ("the 2006 Act").

Having satisfied ourselves that the financial statements of the Charitable Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, we report in respect of our examination of your charity's financial statements as carried out under section 145 of the Charities Act 2011 ("the 2011 Act"). In carrying out our examination, we have followed the directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent Examiner's Statement

In completing our examination, we can confirm that no material matters have come to our attention in connection with the examination giving us cause to believe that:

The accounting records were not kept in accordance with section 130 of the Charities Act; or

The accounts did not accord with the accounting records; or

The accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.

We have no concerns and have not identified any matters during the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.

Samantha Jackson Independent Examiner Pearl Accountancy Services Limited

Date: 31st May 2025

10

COMPANY NUMBER: 01944650

REGISTERED CHARITY NUMBER: 516855

Castle Bromwich Hall and Gardens Trust

Statement of Financial Activities for the Year Ended 31 December 2024

2024 2023
**Unrestricted ** Restricted Total Total
funds funds funds funds
Notes £ £ £ £
INCOME FROM
Donations, Grantmaking Trusts and Legacies 2 28,771 102,138 130,909 149,457
Charitable activities 3 43,911 - 43,911 35,057
Other trading activities 4 118,343 - 118,343 91,527
Investment income 5 4,362 - 4,362 4,389
Total income 195,387 102,138 297,525 280,430
Expenditure on:
Raising funds 6 42,661 9,110 51,771 56,110
Charitable activities 7 158,723 108,555 267,278 286,970
201,383 117,665 319,049 343,080
Net Income/(Expenditure) and Net movement in funds for year
before investments gains/(Losses) (5,997) (15,528) (21,524) (62,650)
Net gains/(losses) on investments 1,327 - - (1,225)
(4,669) (15,528) (21,524) (63,875)
Total funds brought forward 172,294 193,142 365,435 429,310
Transfer between funds - - - -
Total funds carried forward 167,624 177,614 345,238 365,435

CONTINUING OPERATIONS

The statement of financial activities includes all gains and losses recognised during the year. All incoming resources and resources expended derive from continuing activities.

11

COMPANY NUMBER: 01944650

REGISTERED CHARITY NUMBER: 516855

Castle Bromwich Hall and Gardens Trust

Balance Sheet At 31 December 2024

2024 2023
**Unrestricted ** Restricted Total Total
funds funds funds funds
Notes £ £ £ £
Fixed Assets
Tangible Fixed Assets 10 22,074 139,656 161,731 174,755
Investments at market value 11 52,242 - 52,242 50,915
74,315 139,656 213,972 225,670
Current Assets
Cash at bank and in hand 108,404 37,956 146,360 174,539
Debtors 12 9,732 - 9,732 5,372
118,136 37,956 156,092 179,910
Creditors
Amounts falling due within one year 13 (24,826) - (24,826) (40,145)
(24,826) - (24,826) (40,145)
Net Current Assets 93,310 37,956 131,266 139,765
Total Assets 167,625 177,612 345,238 365,435
Funds of the Charity 15
Unrestricted Fund 167,624 - 167,624 172,294
Restricted Fund - 177,614 177,614 193,142
Total Charity Fund 167,624 177,614 345,238 365,435

12

COMPANY NUMBER: 01944650

REGISTERED CHARITY NUMBER: 516855

Castle Bromwich Hall and Gardens Trust

Balance Sheet At 31 December 2024

BALANCE SHEET AS AT 31 DECEMBER 2024 CONTINUED

For the year ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors / Trustees responsibilities

~ The members have not required the charitable company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006. In accordance with section 145 of the Chanties Act 2011 the accounts have been examined by an independent examiner whose report appearson page 12

respect~ The directorsto accounting/ trusteesrecords acknowledgeand the preparationtheir responsibilitiesof accounts.for complying with the requirementsof the Act with

These accounts have been preparedin accordancewith the provisions applicablto compani e s subjectto the small

Approvedby the Trustees on 31st May 2025 and signedon their behalf by: — : Vea hain Ted Richards, Trustee

COMPANY NUMBER: 01944650

REGISTERED CHARITY NUMBER: 516855

Castle Bromwich Hall and Gardens Trust

Notes to the Financial Statements

At 31 December 2024

1 Accounting Policies Basis of preparation

A. Company Status

The charity is a company limited by guarantee and in the event of it being wound up the liability of each of the members shall be for a sum not exceeding £1.

B. Basis of Preparation

The financial statements have been prepared in accordance with 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 (FRS 102) (updated 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Castle Bromwich Hall and Gardens Trust meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).

C . Going Concern Assumption

The financial statements have been prepared on a going concern basis which assumes that the charity will continue to operate. The validity of this assumption is dependent upon the continuance of support from the charity's key funders and stakeholders and upon increasing admission to the gardens and income from events. The charity's business plan shows that the charity will be able to operate in the foreseeable future. Based on this understanding the director trustees believe that it remains appropriate to prepare the financial statements on a going concern basis. The financial statements do not include any adjustments, which would result from the basis of preparation being inappropriate.

D. Charitable Status Castle Bromwich Hall and Gardens Trust is a registered charity and is exempt from corporation tax and capital gains tax provided its income and gains are applied for charitable purposes.

E. Income

All income is recognised in the Statement of Financial Activities when the charitable company is legally entitled, ultimate receipt is probable, and the amount can be quantified with reasonable accuracy.

For donations to be recognised the charity will have been notified of the amounts and the settlement date in writing. If there are conditions attached to the donation and this requires a level of performance before entitlement can be obtained, then the income is deferred until those conditions are fully met or the fulfilment of those conditions is within the control of the charity, and it is probable that they will be fulfilled.

Income relating to future periods, as a result of donor-imposed conditions specifying the time period, has been treated as deferred income.

F. Donated Gifts and Services

Donated gifts and services (in kind) are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from use by the charity of the items is probable and that economic benefit can be measured reliably. On receipt, donated goods and services are recognised on the basis of the value of the gift to the charity, namely at the equivalent cost to the donating organisation. A corresponding amount is then recognised in expenditure for the period.

14

COMPANY NUMBER: 01944650

REGISTERED CHARITY NUMBER: 516855

Castle Bromwich Hall and Gardens Trust

Notes to the Financial Statements At 31 December 2024

G. Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charitable company to the 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. All expenditure is accounted for on an accruals basis and has been classified under the following activity headings:

• Raising funds comprise the direct cost associated with generating other trading income and raising funds from Trusts and other funding bodies.

• Charitable expenditure comprises the direct costs of activities undertaken to further the purposes of the charity, including grants payable and all associated support costs.

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

H. Tangible Fixed Assets

Depreciation of fixed assets is calculated to write off the cost of each asset, less any residual value over its estimated useful economic life. The depreciation charge recognised each year relates to the class of the asset, the rates and classes are as follows: Permanent buildings - 50 years straight line Composting toilet - 5 years straight line Fixtures & fittings - 5 years straight line Tractor Mower- 5 years straight line Courtyard building - 5 years straight line Gardeners store - 10 years straight line Fixed assets are capitalised where their value exceeds £500 unless otherwise determined by the Trustees

I. Investments

Investments held as fixed assets are valued at mid-market value at the balance sheet date and the gain or loss taken to the Statement of Financial Activities.

Realised gains or losses on sale of investments are calculated as the difference between the amount at which the investment was valued at the beginning of the year, or cost if purchased during the year, and sale proceeds.

Gains or losses on investments which have not been realised through sales have been taken to the statements of financial activities as unrealised gains or losses on investment assets.

J. Cash and Cash Equivalents

Cash and cash equivalents include cash at bank and in hand and short term deposits repayable on or within a three month notice period.

K. Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

15

COMPANY NUMBER: 01944650

REGISTERED CHARITY NUMBER: 516855

Castle Bromwich Hall and Gardens Trust

Notes to the Financial Statements At 31 December 2024

L. Creditors

Creditors are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably.

M. Fund Accounting

Unrestricted funds are expendable at the discretion of the Trustees in the furtherance of the objects of the charity. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors.

N. Pensions

The Charity contributes to employee's individual personal pension plans. The total contributions to the scheme in 2024 were £5,661 (2023 £5,239) and are charged to the statement of financial activities as incurred.

O. Taxation

The charity is considered to pass the tests set out in paragraph 1 schedule 6 of the Financial Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the Charity is potentially exempt from taxation in respect of income or capital gains received. within categories covered by Chapter 3, Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such applied exclusively to Charitable Purposes.

2 Income From Donations And Legacies

2024
£
£
£
28,771
102,138
130,909
149,456
2024
£
17,665
30,000
2023
£
Donations
7,132
-
7,132
2,416
Gift Aid
3,973
-
3,973
12
Legacies
-
-
-
14,709
Grants
17,665
102,138
119,803
132,320
2023
£
15,000
-
1,000
-
1,665
30,000
Unrestricted Restricted
Unrestricted:
Lord Bradford CBP Charity
Cadbury Trust
Other
Total unrestricted		 2024
£
£
£
28,771
102,138
130,909
149,456
2024
£
17,665
30,000
2023
£
Donations
7,132
-
7,132
2,416
Gift Aid
3,973
-
3,973
12
Legacies
-
-
-
14,709
Grants
17,665
102,138
119,803
132,320
2023
£
15,000
-
1,000
-
1,665
30,000
Unrestricted Restricted
Unrestricted:
Lord Bradford CBP Charity
Cadbury Trust
Other
Total unrestricted		 2024
£
£
£
28,771
102,138
130,909
149,456
2024
£
17,665
30,000
2023
£
Donations
7,132
-
7,132
2,416
Gift Aid
3,973
-
3,973
12
Legacies
-
-
-
14,709
Grants
17,665
102,138
119,803
132,320
2023
£
15,000
-
1,000
-
1,665
30,000
Unrestricted Restricted
Unrestricted:
Lord Bradford CBP Charity
Cadbury Trust
Other
Total unrestricted
28,771
102,138		 130,909
149,456
2024
£
2023
£
15,000
-
1,000
-
1,665
30,000
17,665
30,000

16

COMPANY NUMBER: 01944650

REGISTERED CHARITY NUMBER: 516855

Castle Bromwich Hall and Gardens Trust

Notes to the Financial Statements for the Year Ended 31 December 2024

Restricted:
29th May 1961 Trust
Arconic - 5
Arconic Foundation - Bounty On Your Doorstep
Aurelius Trust
Bernard Piggott Trust
Birmingham Airport Community Trust
Book Restoration - Out of the cupboard
Dame Mary Bridgeman
Feeney Charitable Trust
From The Ground Up WMCA CEF
Grimmett Trust
Harry Payne Fund
Our Green and Common Ground
Reach Fund
Rowlands Trust
Saintbury
Severn Trent Community Award
Small Cap Works - ICF (WMCA)
The Arts Society
The Finnis Scott Foundation
Think Active
Vinci Foundation
WMCA Greener
Total restricted		 2024
£
2023
£
5,000
5,000
38,702
-
-
38,816
-
4,000
3,500
-
-
4,500
-
968
1,032
1,224
5,000
-
21,292
-
-
1,200
1,500
-
1,200
-
15,025
-
-
3,000
-
2,000
-
2,000
9,887
-
-
2,840
-
4,000
-
4,835
-
5,000
-
22,937
102,138
102,320

17

COMPANY NUMBER: 01944650

REGISTERED CHARITY NUMBER: 516855

Castle Bromwich Hall and Gardens Trust

Notes to the Financial Statements for the Year Ended 31 December 2024

3 Income From Charitable Activities

2024
Total
£
£
£
43,911
43,911
35,056
Other Trading Activities
2024
Total
£
118,343
91,527
Investment Income
2024
Total
£
4,362
4,389
Unrestricted Restricted
Funds
Funds
2023
Total
£
Entry Fees
33,275
-
33,275
25,461
Memberships
10,636
-
10,636
9,594
-
2023
Total
£
Sale of goods
54,364
41,931
Hire of facilities
25,956
22,731
Events
38,023
26,866
2023
Total
£
Dividends
2,874
3,045
Bank Interest
1,488
1,344		 2024
Total
£
£
£
43,911
43,911
35,056
Other Trading Activities
2024
Total
£
118,343
91,527
Investment Income
2024
Total
£
4,362
4,389
Unrestricted Restricted
Funds
Funds
2023
Total
£
Entry Fees
33,275
-
33,275
25,461
Memberships
10,636
-
10,636
9,594
-
2023
Total
£
Sale of goods
54,364
41,931
Hire of facilities
25,956
22,731
Events
38,023
26,866
2023
Total
£
Dividends
2,874
3,045
Bank Interest
1,488
1,344		 2024
Total
£
£
£
43,911
43,911
35,056
Other Trading Activities
2024
Total
£
118,343
91,527
Investment Income
2024
Total
£
4,362
4,389
Unrestricted Restricted
Funds
Funds
2023
Total
£
Entry Fees
33,275
-
33,275
25,461
Memberships
10,636
-
10,636
9,594
-
2023
Total
£
Sale of goods
54,364
41,931
Hire of facilities
25,956
22,731
Events
38,023
26,866
2023
Total
£
Dividends
2,874
3,045
Bank Interest
1,488
1,344
43,911
-		 43,911
35,056
2024
Total
£
2023
Total
£
54,364
41,931
25,956
22,731
38,023
26,866
118,343
91,527
2024
Total
£
2023
Total
£
2,874
3,045
1,488
1,344
4,362
4,389
Raising Funds:
U
Cost of events
Cost of goods sold
Hire costs		 2024
nrestricted Restricted
Funds
Funds
2023
Total
Total
£
11,733
8,493
20,226
23,765
24,003
617
24,620
21,558
6,925
-
6,925
10,788
42,661
9,110
51,771
56,110

4 Other Trading Activities

5 Investment Income

6 Total Expenditure On Raising Funds

**Unrestricted ** Restricted 2024 2023
Funds Funds Total Total
Raising Funds: £
Cost of events 11,733 8,493 20,226 23,765
Cost of goods sold 24,003 617 24,620 21,558
Hire costs 6,925 - 6,925 10,788
42,661 9,110 51,771 56,110

18

COMPANY NUMBER: 01944650

REGISTERED CHARITY NUMBER: 516855

Castle Bromwich Hall and Gardens Trust

Notes to the Financial Statements for the Year Ended 31 December 2024

7 Total Expenditure on Charitable Activities

Notes to the Financial Statements
for the Year Ended 31 December 2024
Total Expenditure on Charitable Activities		 Notes to the Financial Statements
for the Year Ended 31 December 2024
Total Expenditure on Charitable Activities		 Notes to the Financial Statements
for the Year Ended 31 December 2024
Total Expenditure on Charitable Activities
2024
Total
Charitable Activities:
£
158,723
108,555
267,278
286,970
8 Staff Costs
2024
2023
£
£
Unrestricted Restricted
Funds
Funds
2023
Total
£
82,475
77,296
159,770
155,003
5,575
17,028
22,603
37,262
5,096
4,081
9,177
9,258
6,892
2,907
9,800
12,442
9,646
-
9,646
8,092
8,742
280
9,022
5,533
4,327
150
4,477
2,627
3,492
389
3,881
8,267
12,904
163
13,067
11,527
8,037
4,987
13,024
14,091
10,345
1,275
11,620
9,772
1,191
-
1,191
13,095
Salaries
133,463
131,188
20,646
18,576
Pensions
5,661
5,239
159,770
155,003
Social Security Costs
Staff costs
Site Maintenance, Development & Cleaning
Consultancy & Freelance Staff
Equipment
Insurance
Light, Heat & Water
Security
Publicity
Office Supplies & Sundries
Depreciation
Accountancy & Examination Fees
Irrecoverable VAT
158,723
108,555		 267,278
286,970
2024
£
133,463
20,646
5,661		 2023
£
131,188
18,576
5,239
159,770 155,003

During the year the Trust employed the full-time equivalent of 1.6 gardeners (2023– 1.6), a 0.8 fte general manager (2023 - 0.8), 1.05 employees in the office (2023 – 1.2), 1 fte family and outdoor activity manager (2023 – 0.8) and front of house hired 1.8 casual workers on variable hours throughout the year (2023 - 4).

No employee earned more than £60,000 in either year.

The key management personnel of the charity comprise the trustees and the General Manager, Trustees receive no remuneration or other benefits from the charity. The remuneration of key management personnel for the year was £35,934 (2023: £36,123), including pension and employers’ national insurance contributions

19

COMPANY NUMBER: 01944650

REGISTERED CHARITY NUMBER: 516855

Castle Bromwich Hall and Gardens Trust

Notes to the Financial Statements for the Year Ended 31 December 2024

9 Trustees Remuneration and Benefits

There were no trustees' remuneration or other benefits for the year ended 31 December 2024 nor the year ended 31 December 2023.

Trustees' Expenses

There were no trustees' expenses paid for the year ended 31 December 2024 nor the year ended 31 December 2023 with the exception of out of pocket expenses relating to activities undertaken by the charity.

10 Tangible Fixed Assets

Cost
Deprecia
At 1 Jan
2024
Disposals
Additions
At 31 Dec
2023
At 1 Jan
2023
Disposals
Charge for
year
At 31 Dec
2024
NBV at 31
Dec 2023
NBV at 31
Dec 2024		 249,374
20,482
23,562
6,656
5,000
4,800
309,874
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Permanent
Buildings
Courtyard
Building
Gardeners
Store
Fixtures &
Fittings
Composting
Toilet
Total
Solar
Panel
Installation
tion
249,374
20,482
23,562
6,656
5,000
4,800
309,874
104,730
12,289
7,069
6,392
4,000
640
135,120
-
-
-
-
-
-
-
4,987
4,096
2,356
264
1,000
320
13,024
144,644
8,193
16,494
265
-
4,160
173,755
109,718
16,386
9,425
6,656
5,000
960
148,144
139,656
4,096
14,137
-
-
3,840
161,731

20

COMPANY NUMBER: 01944650

REGISTERED CHARITY NUMBER: 516855

Castle Bromwich Hall and Gardens Trust

Notes to the Financial Statements for the Year Ended 31 December 2024

Freehold Land

The land relating to the gardens passed into the ownership of the Trust by Deed of Gift from the Earl of Bradford dated 31 December 1986. As the land is to be retained indefinitely for the use of the Trust and cannot be sold, it is considered to be an inalienable asset and is excluded from the balance sheet. There is no reliable information about cost available and the costs involved in obtaining a valuation would not produce additional benefits to the user of the accounts.

11 Fixed Asset Investments

2024 2023
£ £
Market Value at beginning of year 50,915 52,140
Unrealised Investment gain/(loss) 1,327 (1,225)
Market Value at end of year 52,242 50,915
Historical cost at end of year 50,000 50,000
**12 ** Debtors
2024 2023
£ £
Gift Aid Recoverable - -
Accrued income 1,714 451
Prepaid expenditure 7,529 4,922
Other Debtors 489 -
9,732 5,373

13 Creditors: amounts falling due within one year

2024 2023
£ £
Trade Creditors 3,388 2,764
Accruals 4,714 5,333
Deferred income - 4,200
Taxes & NI Liabilities 16,723 27,848
24,826 40,145
Deferred income comprises: 2024 2023
£ £
Balance at beginning of year 4,200 4,600
Released to income in year (4,200) (4,600)
Deferred in year - 4,200
Balance at end of year - 4,200

21

COMPANY NUMBER: 01944650

REGISTERED CHARITY NUMBER: 516855

Castle Bromwich Hall and Gardens Trust

Notes to the Financial Statements for the Year Ended 31 December 2024

14 Commitments

Commitments
Expiring:
Between one to two years		 2024
2023
£
£
1,921
421
1,921
421
**15 ** Movement in funds
2024
Restricted Funds:
Total unrestricted
funds
Unrestricted funds
Total Funds
29th May 1961 Trust
Arconic - 5
Arconic 4
Bernard Piggot Trust
Dame Mary Bridgeman
Feeney Charitable Trust
From The Ground Up WMCA CEF
Harry Payne Fund
Our Green and Common Ground
Reach Fund
Small Cap Works - ICF (WMCA)
The Finnis Scott Foundation
Workshop & gardeners Mess
Vinci Foundation
WMCA Greener
General fund
Designated Fund		 £
£
£
£
£
£
-
5,000
(5,000)
-
-
-
-
38,702
(17,609)
-
-
21,093
32,016
-
(32,016)
-
-
-
-
3,500
(3,500)
-
-
-
-
1,032
(1,032)
-
-
-
-
5,000
(5,000)
-
-
-
-
21,292
(18,252)
-
-
3,040
-
1,500
(1,500)
-
-
-
-
1,200
(1,000)
-
-
200
-
15,025
(10,609)
-
-
4,416
-
9,887
(4,680)
-
-
5,207
4,000
-
-
-
-
4,000
144,645
-
(4,987)
-
-
139,658
689
-
(689)
-
-
-
11,792
-
(11,792)
-
-
-
Balance
at start of
year
Income
Expendit
ure
Transfers
Balance
at end of
year
Investme
nt
gains/los
ses
193,142
102,138
(117,665)
-
-
177,614
142,184
196,714 (193,346)
-
-
145,551
30,110
-
(8,037)
-
-
22,073
172,294
196,714 (201,383)
-
-
167,624
365,435
298,851
(319,049)
-
-
345,238

22

COMPANY NUMBER: 01944650

REGISTERED CHARITY NUMBER: 516855

Castle Bromwich Hall and Gardens Trust

Notes to the Financial Statements for the Year Ended 31 December 2024

The designated fund represents funds utilised for the purpose of capital expenditure, depreciation is charged against the designated fund for each asset purchased. Transfers relate to restricted funding used for the purchase of fixed assets.

29th May 1961 Trust

Provided funds to support our charities core costs.

Preserving and sharing nature's capital: Arconic Foundation

A range of support for outdoor and community work including new play area

Sustaining nature and communities through active partnerships: Arconic Foundation

Outreach and local community engagement through outdoor and wildlife activities.

Bernard Piggott Trust

Support for our public programmes, especially the family outdoor activities

The Dame Mary Bridgeman Trust

Pond safety Fencing and Bench repair. Heating for new outdoor café and event spaces

Feeney Charitable Trust

Valuable support to ensure our public music programme was able to continue.

From The Ground Up WMCA Community Environment Fund

Support towards the salaries of environmental and gardening staff engaging and influencing the public and visitors in the green sustainable journeys.

Harry Payne Fund

Towards core costs

Our Green and Common Ground Land

A Culture Solihull arts project with artist Soobie Whitfield engaging the public in nature connectedness through creative activities.

Reach Fund

Supported the Trust to review its governance. develop longer term business plans in order to prepare for potential social investment funding.

Small Cap Works - West Midlands Combined Authority, Inclusive Communities Fund

This ‘small capital’ purchasing fund enabled us to substantially upgrade the café equipment and make a real difference to the quality of interpretation and signage onsite.

23

COMPANY NUMBER: 01944650

REGISTERED CHARITY NUMBER: 516855

Castle Bromwich Hall and Gardens Trust

Notes to the Financial Statements for the Year Ended 31 December 2024

The Finnis Scott Foundation

Funds to support the restoration work on the Melon Ground, Orangery as well as providing training in heritage skills.

Vinci Foundation

Funded resources to support community growing projects work in our new greenhouse.

WMCA Greener

Funded restoration work on wildlife habitats on the parkland and in the gardens as well as activities working with community groups.

24

COMPANY NUMBER: 01944650

REGISTERED CHARITY NUMBER: 516855

Castle Bromwich Hall and Gardens Trust

Notes to the Financial Statements for the Year Ended 31 December 2024

Comparative Movement in funds

2023
Restricted Funds:
Total unrestricted
funds
Total Funds
Unrestricted funds
29th May 1961 Trust
AIM/Brighter Day
Arconic - Bounty on Your Doorstep
Arconic 4
Aurelius Trust
B'ham Airport
Dame Mary Bridgeman
Grimmett Trust
Rowlands Trust
Saintbury
Severn Trent - Going with the flow
The Arts Society 2023
The Finnis Scott Foundation
Think Active
Workshop & gardeners Mess
Vinci Foundation
WMCA Greener
General fund
Designated Fund		 £
£
£
£
£
£
Balance
at start of
year
Income
Expendit
ure
Transfers
Balance
at end of
year
Investme
nt
gains/los
ses
-
5,000
(5,000)
-
-
-
953
968
(1,921)
-
-
-
15,768
-
(15,768)
-
-
-
-
38,816
(6,800)
-
-
32,016
-
4,000
(4,000)
-
-
-
-
4,500
(4,500)
-
-
-
-
1,224
(1,224)
-
-
-
-
1,200
(1,200)
-
-
-
-
3,000
(3,000)
-
-
-
-
2,000
(2,000)
-
-
-
8,904
2,000
(10,904)
-
-
-
-
2,840
(2,840)
-
-
-
-
4,000
-
-
-
4,000
-
4,835
(4,835)
-
-
-
149,632
-
(4,987)
-
-
144,645
-
5,000
(4,311)
-
-
689
-
22,937
(11,145)
-
-
11,792
175,257
102,320
(84,435)
-
-
193,142
214,839
178,109 (250,764)
-
-
142,184
39,214
-
(9,104)
-
-
30,110
254,053
178,109 (259,868)
-
-
172,294
429,310
280,428
(344,303)
-
-
365,435

16 Controlling Interest

The Charitable company is controlled by its trustees.

17 Related Party Transactions

There were no related party transactions during the year or in the previous financial year.

25

COMPANY NUMBER: 01944650

REGISTERED CHARITY NUMBER: 516855

Castle Bromwich Hall and Gardens Trust

Comparative statement of Financial Activities For year ended 31 December 2023

2023 2022
Unrestricted Restricted Total Total
funds funds funds funds
£ £ £ £
INCOME FROM
Donations, Grantmaking Trusts and Legacies 47,138 102,320 149,457 129,619
Charitable activities 35,057 - 35,057 36,181
Other trading activities 91,527 - 91,527 85,269
Investment income 4,389 - 4,389 3,324
Total income 178,111 102,320 280,430 254,393
Expenditure on:
Raising funds 46,931 9,179 56,110 67,093
Charitable activities 202,608 84,362 286,970 269,609
249,539 93,541 343,080 336,702
Net Income/(Expenditure) and Net movement in
funds for year before investments gains/(Losses) (71,428) 8,779 (62,650) (82,309)
Net gains/(losses) on investments (1,225) - (1,225) (3,075)
(72,654) 8,779 **(63,875) ** - 85,384
Total funds brought forward 254,053 175,257 429,310 514,694
Transfer between funds (9,106) 9,106 - -
Total funds carried forward 172,294 193,142 365,435 429,310

26

COMPANY NUMBER: 01944650

REGISTERED CHARITY NUMBER: 516855

Castle Bromwich Hall and Gardens Trust

Comparative Balance Sheet For year ended 31 December 2023

2023 2022
Unrestricted Restricted Total Total
funds funds funds funds
£ £ £ £
Fixed Assets
Tangible Fixed Assets 30,110 144,645 174,755 188,845
Investments at market value 50,915 - 50,915 52,139
81,025 144,645 225,670 240,984
Current Assets
Cash at bank and in hand 126,042 48,497 174,539 189,384
Debtors 5,372 - 5,372 16,229
131,414 48,497 179,910 205,613
Creditors
Amounts falling due within one year (40,145) - (40,145) (17,286)
(40,145) - (40,145) (17,286)
Net Current Assets 91,268 48,497 139,765 188,327
Total Assets 172,294 193,142 365,435 429,310
Funds of the Charity
Unrestricted Fund 172,294 - 172,294 254,053
Restricted Fund - 193,142 193,142 175,257
Total Charity Fund 172,294 193,142 365,435 429,310

27