2023-03-31-accounts - Crosby Hall Educational Trust

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Crosby Hall Educational Trust

Charity No. 700042

Company No. 02232358

Trustees' Report and Unaudited Accounts

31 March 2023

Crosby Hall Educational Trust Contents

	Pages
Trustees' Annual Report	1
Statement of Financial Activities	6 to 6
Summary Income and Expenditure Account	7 to 7
Balance Sheet	8 to 9
Statement of Cash flows	9 to 9
Notes to the Accounts	10 to 19
Detailed Statement of Financial Activities	20 to 22

Page 1

Crosby Hall Educational Trust Trustees Annual Report

The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, herein present their report with the unaudited financial statements of the charity for the year ended 31 March 2023.

The financial statements have been prepared in accordance with the accounting policies set out in Note 1 to the accounts and comply with the charity's governing document, the Charities Act 2011, the Companies Act 2006 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard 102 applicable in the UK and Republic of Ireland.

REFERENCE AND ADMINISTRATIVE DETAILS

Company No. 02232358

Charity No. 700042

Registered Office

Crosby Hall Back Lane Little Crosby Merseyside L23 4UA

Directors and Trustees

The Directors of the charitable company are its Trustees for the purposes of charity law. The following Directors and Trustees served during the year:

C. Baxter F.W. Cowell J.H. Daly A.J. Walker M.F. Whitlock Blundell

Key Management Personnel

Chair Mr M F W Blundell Company Secretary MR F W Cowell

Accountants

Sefton Council for Voluntary Service Burlington House Crosby Road North Waterloo Liverpool L22 0LG

Bankers

Barclays Bank PLC 18-22 London Road

Page 2

Crosby Hall Educational Trust Trustees Annual Report

Great Crosby Liverpool Merseyside L23 4UA

Solicitors

Weightmans 100 Old Hall Street Liverpool Merseyside L3 9QJ

OBJECTIVES AND ACTIVITIES

The objects of the charitable company are the advancement of the education of the public (including in particular those suffering from need, hardship and distress); the promotion of knowledge, understanding and appreciation of the arts; the advancement of religion for the benefit of the public and such other exclusively charitable purposes as the company deems appropriate.

The aims of the charitable company are to promote the cultural, educational and spiritual development of children, young people and adults, by providing residential courses and facilities in the quiet of the countryside.

The main focus of our activities remains the education and personal development of the visiting children. It is increasingly recognised that out-of-classroom learning has a valuable role to play in supplementing more traditional school-based curricula. Time spent at CHET also benefits children by developing their self-confidence and social skills.

In setting our objectives and planning our activities the trustees have given careful consideration to the Charity Commission's guidance on public benefit.

ACHIEVEMENTS AND PERFORMANCE

During the year the charity provided a residential educational experience to about 2,000 children, mainly in school groups supported by their teachers. These visits attracted particularly positive feedback, leading to the next two terms and the following year becoming almost fully booked with residential visits.

Our wonderful staff are committed to giving every child a great time and a chance to try out new activities, whether it be rafting, archery, orienteering, shelter building, fencing, or using our great adventure course. They take home with them new social skills and a life enhancing experience to share with others, which stays with them for decades. A climbing tower is nearly complete and includes a facility for handicapped children.

Through our Bursary Fund we were able to support children from low-income families and young carers from the local area to come to CHET. The Bursary Fund is provided by covenants from our CHET friends.

Generous donations and a series of cultural events provide funding to substantially reduce charges made to visitors.

FINANCIAL REVIEW

The charity's financial position continues to operate within Trustee expectations. The General Fund has decreased from £250,409 to £96,658. During the period premises costs, notably utilities rose sharply, leaving a trading surplus of £9,783 (2022 £119,334). Gift Aid of £14,985 and investment income £8,177 was also received in the year. Additionally £142,524 was transferred from the general fund to the Endowment Fund to maximise future earnings.

Page 3

Crosby Hall Educational Trust Trustees Annual Report

The Bursary Fund increased from £55,724 to £64,322.

The Endowment Fund increased from £305,320 to £457,622

The charity has a policy of holding a reserve of six months turnover in cash. This reserve is held for reasons of financial prudence. The Trustees are confident that the charity is a going concern. No fund or subsidiary is in deficit.

The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.

The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006 and in accordance with the Charities SORP (FRS 102).

Signed on behalf of the board

F.W. Cowell Trustee 09 October 2023

M.F. Whitlock Blundell Trustee 09 October 2023

Page 4

Crosby Hall Educational Trust Statement of Financial Activities

for the year ended 31 March 2023

Unrestricted funds 2023 Notes £ Income and endowments from: Donations and legacies 4 54,708 Charitable activities 5 323,763 Investments 6 8,177 Other 7 19,452 Total 406,100 Expenditure on: Charitable activities 8 74,407 Other 9 321,910 Total 396,317 Net gains on investments - Net income 10 9,783 Transfers between funds (142,524) Net income before other gains/(losses) (132,741) Other gains and losses Net movement in funds (132,741) Reconciliation of funds: Total funds brought forward 1,374,484 Total funds carried forward 1,241,743	Restricted funds 2023 £ 13,710 - - -	Endowment funds 2023 £ - - - -	Total funds 2023 £ 68,418 323,763 8,177 19,452	Total funds 2022 £ 80,405 334,692 4,734 10,944
	13,710 5,112 -	- - -	419,810 79,519 321,910	430,775 44,151 261,514
396,317 -	5,112 -	- 9,778	401,429 9,778	305,665 16,520
	8,598 -	9,778 142,524	28,159 -	141,630 -
(132,741)	8,598	152,302	28,159	141,630
(132,741) 1,374,484	8,598 55,724	152,302 305,320	28,159 1,735,528	141,630 1,593,898
1,241,743	64,322	457,622	1,763,687	1,735,528

Page 5

Crosby Hall Educational Trust Summary Income and Expenditure Account

for the year ended 31 March 2023

Income Net gains on investments Interest and investment income Gross income for the year Expenditure Depreciation and charges for impairment of fixed assets Total expenditure for the year Net income before tax for the year Net income for the year	2023 £ 411,633 9,778 8,177 429,588 379,936 21,493 401,429 28,159 28,159	2022 £ 426,041 16,520 4,734
		447,295
		287,315 18,350
		305,665
		141,630
		141,630

Page 6

Crosby Hall Educational Trust Balance Sheet

at 31 March 2023

Company No. 02232358 Notes 2023 £ Fixed assets Tangible assets 12 1,145,082 Investments 13 179,821 1,324,903 Current assets Stocks 14 1,541 Debtors 15 51,164 Cash at bank and in hand 439,326 492,031 Creditors:Amount falling due within one year 16 (53,247) Net current assets 438,784 Total assets less current liabilities 1,763,687 Net assets excluding pension asset or liability 1,763,687 Total net assets 1,763,687 The funds of the charity Restricted funds 17 Endowment funds 457,622 Restricted income funds 64,322 521,944 Unrestricted funds 17 General funds 96,658 Designated funds 1,145,085 1,241,743 Reserves 17 Total funds 1,763,687	2022 £ 1,124,075 170,043
	1,294,118 1,574 50,809 432,502
	484,885 (43,475)
	441,410 1,735,528
	1,735,528
	1,735,528
	305,320 55,724
	361,044 250,409 1,124,075
	1,374,484
	1,735,528

These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

For the year ended 31 March 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

Approved by the board on 09 October 2023

And signed on its behalf by:

M.F. Whitlock Blundell Trustee

09 October 2023

Page 7

Crosby Hall Educational Trust Notes to the Accounts

for the year ended 31 March 2023

1 Accounting policies

Basis of preparation

The financial statements have been prepared in accordance with the charity's governing document, the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS 102") and the Charities SORP "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)" (effective 1 January 2019). The charity 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. The functional currency used is the £ Sterling.

Assets and liabilities are initially recognized at historical cost or transaction value unless otherwise stated in the relevant accounting policy note.

The functional currency used is the £ Sterling.

Preparation of the accounts on a going concern basis

At the time of approving the accounts, the trustees' have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the forseeable future. As such these accounts have been prepared under the going concern basis.

Change in basis of accounting or to previous accounts

There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.

Fund accounting

Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity. These are unrestricted funds earmarked by the trustees for particular Designated funds purposes. Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values. Endowment funds Endowment funds are resources received by the charity which represent capital, which can be held as either a permanent or expendable endowment. Permanent endowments are where the trustees have no power to convert it into income and apply it to the charitable objectives. Expendable endowment is distinguishable from income funds in that there is no requirement to spend or apply the capital unless, or until the trustees decide to do so. Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal.

Page 8

Crosby Hall Educational Trust Notes to the Accounts

Income

Recognition of Income is included in the Statement of Financial Activities (SoFA) when the income charity becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability.
Income with related Where income has related expenditure the income and related expenditure expenditure is reported gross in the SoFA. Donations and Voluntary income received by way of grants, donations and gifts is legacies included in the the SoFA when receivable and only when the Charity has unconditional entitlement to the income.
Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in and facilities expenditure) where the benefit to the Charity is reasonably quantifiable, measurable and material.
Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to revaluation of fixed market value at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets

Expenditure

Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any expenditure VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates.
Expenditure on These comprise the costs associated with attracting voluntary income, raising funds fundraising trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its charitable activities activities and services in the furtherance of its objects, including the making of grants and governance costs.
Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid.
Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs.
Other expenditure These are support costs not allocated to a particular activity.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Page 9

Crosby Hall Educational Trust Notes to the Accounts

Tangible fixed assets and depreciation

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

straight line over lifetime Leasehold property of lease Equipment 25% reducing Motor Vehicles 20% reducing Fixtures & Fittings 10-25% reducing

Tangible assets are derecognised on disposal or when no future economic benefits are expected. On disposal, the difference between the net disposal proceeds and the carrying amount is recognised in the Statement of Financial Activities.

Freehold investment property

Investment properties are measured initially at cost and subsequently at fair value at each balance sheet date and are not depreciated. All gains or losses are taken to the Statement of Financial Activities as they arise.

Stocks

Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market.

Trade and other 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.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.

Trade and other creditors

Short term creditors are measured at the transaction price. Other creditors and provisions 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. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Page 10

Crosby Hall Educational Trust Notes to the Accounts

Foreign currencies

Monetary assets and liabilities denominated in currencies other than the functional currency of the charity are translated at the rates of exchange prevailing at the end of the reporting period. Transactions in currencies other than the functional currency of the charity are recorded at the rate of exchange on the date that the transaction occurred.

All exchange differences are are taken into account in arriving at net income/expenditure.

Leased assets

Where the charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease.

Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified as operating leases.

Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs.

Assets held under finance leases are depreciated in the same way as owned assets.

Operating lease payments are recognised as an expense on a straight-line basis over the lease term.

In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis.

Pension costs

The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.

Receipt of donated goods, facilities and services

All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.

2 Company status

The company is a private company limited by guarantee and consequently does not have share capital.

Page 11

Crosby Hall Educational Trust Notes to the Accounts

3 Statement of Financial Activities - prior year

3 Statement of Financial Activities - prior year
Income and endowments from: Donations and legacies Charitable activities Other trading activities Investments Total Expenditure on: Charitable activities Total Net gains on investments Net income Transfers between funds Net income before other gains/(losses) Other gains and losses: Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward 4 Income from donations and legacies Donations Gift Aid Recoverable Coronavirus Job Retention Scheme Sefton MBC	Unrestrict ed funds 2022 £ 69,673 334,692 10,944 4,734 420,043 300,709 300,709 - 119,334 30,415 149,749 149,749 1,224,735 1,374,484 Unrestrict ed £ 39,723 14,985 - - 54,708	Restricted funds 2022 £ 10,733 - - -	Endowm ent funds 2022 £ - - - - - - - 16,520 16,520 - 16,520 16,520 288,800 305,320 Total 2023 £ 53,433 14,985 - - 68,418	Total funds 2022 £ 80,406 334,692 10,944 4,734
		10,733 4,957		430,776 305,666
		4,957 -		305,666 16,520
		5,776 (30,415)		141,630 -
		(24,639)		141,630
		(24,639) 80,363		141,630 1,593,898
		55,724		1,735,528
		Restricted £		Total 2022 £ 51,710 3,423 3,127 22,145
		13,710
		-
		-
		-
		13,710		80,405

Page 12

Crosby Hall Educational Trust Notes to the Accounts

5 Income from charitable activities

Unrestrict

ed £	Total 2023 £ 323,763 323,763 Total 2023 £ 7,757 420 8,177 Total 2023 £ 4,332 15,120 19,452	Total 2022 £ 334,692
323,763
323,763		334,692
Unrestrict ed £ 7,757 420		Total 2022 £ 4,574 160
8,177		4,734
Unrestrict ed £ 4,332 15,120		Total 2022 £ - 10,944
19,452		10,944

Restricted £ 5,112	Total 2023 £ 79,519 79,519	Total 2022 £ 44,151
5,112		44,151

Page 13

Crosby Hall Educational Trust Notes to the Accounts

9 Other expenditure

Unrestrict

Employee costs Motor and travel costs Premises costs Amortisation, depreciation, impairment, profit/loss on disposal of fixed assets General administrative costs Legal and professional costs 10 Net income before transfers This is stated after charging: Depreciation of owned fixed assets 11 Staff costs Salaries and wages Social security costs Pension costs No employee received emoluments in excess 12 Tangible fixed assets Land and buildings £ Cost or revaluation At 1 April 2022 1,297,993 Additions - At 31 March 2023 1,297,993 Depreciation and impairment At 1 April 2022 233,833 Depreciation charge for the year 12,980 At 31 March 2023 246,813 Net book values At 31 March 2023 1,051,180 At 31 March 2022 1,064,160	of £60,000. Equipmen t £ 127,790 - 127,790 114,460 3,224 117,684 10,106 13,330	ed £ 195,385 2,177 78,329 21,493 17,324 7,202	Total 2023 £ 195,385 2,177 78,329 21,493 17,324 7,202 321,910 Fixtures & Fittings £ 234,341 42,500 276,841 187,847 5,198 193,045 83,796 46,494	Total 2022 £ 170,110 1,398 39,925 24,761 14,871 10,449
		321,910		261,514
		2023 £ 21,493 2023 176,246 8,363 9,821		2022 £ 24,761 2022 155,731 6,747 7,592
		194,430		170,070
		Motor Vehicles £ 9,450 -		Total £ 1,669,574 42,500
		9,450		1,712,074
		9,359 91		545,499 21,493
		9,450		566,992
		-		1,145,082
		91		1,124,075

Page 14

Crosby Hall Educational Trust Notes to the Accounts

13 Investments

Cost or revaluation At 1 April 2022 Revaluation At 31 March 2023 Net book values At 31 March 2023 At 31 March 2022 14 Stocks Finished goods Carrying value analysed by activities Educational activities 15 Debtors Trade debtors Prepayments and accrued income 16 Creditors: amounts falling due within one year Trade creditors Other taxes and social security Other creditors Accruals	2023 £ 1,541	Other investme nts - Listed £ 170,043 9,778 179,821 179,821 170,043	Total £ 170,043 9,778
			179,821
			179,821
			170,043
			2022 £ 1,574
	1,541		1,574
	2023 £ 1,541		2022 £ 1,574
	1,541		1,574
	2023 £ 43,437 7,727		2022 £ 38,256 12,553
	51,164		50,809
	2023 £ 9,768 23,923 17,306 2,250		2022 £ 10,103 20,122 11,000 2,250
	53,247		43,475

Page 15

Crosby Hall Educational Trust Notes to the Accounts

17 Movement in funds

17 Movement in funds
	At 1 April 2022 305,320 305,320 55,724 55,724 250,409 1,124,075 1,124,075 1,735,528	Incoming resources (including other gains/loss es) £ 9,778 9,778 13,710 13,710 406,100 - - 429,588	Resources expended £	Gross transfers £ 142,524 142,524 - - (163,534) 21,010 21,010 -	At 31 March 2023 £ 457,622
Restricted funds: Endowment funds: Expendable Endowment Fund Total Restricted income funds: Bursary Fund Total Unrestricted funds: General funds Designated funds: Fixed Asset Fund Total Total funds
			-

			-		457,622
					64,322
			(5,112)

			(5,112)		64,322
					96,658 1,145,085
			(396,317)

			-
			-		1,145,085

			(401,429)		1,763,687

Purposes and restrictions in relation to the funds:

Endowment funds: Expendable Endowment This fund was created in 2006 using funds given by the donors to Fund CHET. It is a type of fund proposed by the Charity Commission's guidance paper CC19. It is partly invested on the stock exchange through the Charities Official Investment Fund (COIF) and partly held on deposit with COIF. The proportions may be varied from time to time by decision of the trustees. The income is applied at the discretion of the trustees for the support of the charitable company's activities and is therefore treated as unrestricted income.

Restricted funds:

Page 16

Crosby Hall Educational Trust Notes to the Accounts

Bursary Fund

The Bursary Fund is a fund from which bursaries are awarded to schools enabling children from impecunious families to enjoy visits to the CHET Centre, from which otherwise they might be excluded for financial reasons. Generally, bursaries do not exceed 50% of the fee and are awarded by the Principal, after discussion with the school, to children whose parents are in receipt of state benefits.

Designated funds: Fixed Asset Fund The Fixed Asset Fund represents the ring fencing of assets which are not available as part of the general liquid reserves of the charity.

18 Analysis of net assets between funds

Fixed assets Investments Net current assets Reconciliation of net debt Cash and cash equivalents Net debt	Restricted funds £ - - 64,319	Endowm ent funds £ - 179,821 258,245 438,066 Cash flows £	Total £ 1,145,082 179,821 438,784
	64,319		1,763,687
	At 1 April 2022 £		At 31 March 2023 £
	432,502	6,824	439,326
	432,502	6,824 6,824	439,326
	432,502		439,326

Commitments *Operating lease commitments* Annual commitments under non-cancellable operating leases are as follows: 2023 2023 2022 Land and buildings Other Land and buildings £ £ £ Operating leases with expiry date: *Pension commitments* 2023 £ The pension cost charge to the company amounted to: 9,821			2022 Other £ 2022 £ 7,592

19 Reconciliation of net debt

20 Commitments

Page 17

Crosby Hall Educational Trust Notes to the Accounts

21 Related party disclosures

Controlling party

The company is limited by guarantee and has no share capital; thus no single party controls the company.

Page 18

Crosby Hall Educational Trust Detailed Statement of Financial Activities

for the year ended 31 March 2023

Income and endowments from: Donations and legacies Donations Gift Aid Recoverable Coronavirus Job Retention Scheme Sefton MBC Charitable activities Educational activities Investments Dividends Interest Receivable Other Insurance claims Ofgem Total income and endowments Expenditure on: Charitable activities Educational activities Total of expenditure on charitable activities Employee costs Salaries/wages Employer's NIC Pension costs Staff entertainment Staff recruitment Staff training Temporary staff Motor and travel costs Vehicles - General costs Vehicles - Fuel Vehicles - Repairs and maintenance	Unrestric ted funds 2023 £ 39,723 14,985 - 54,708 323,763 323,763 7,757 420 8,177 4,332 15,120 19,452 406,100 74,407 74,407 74,407 176,246 8,363 9,821 36 45 436 438 195,385 1,248 571 68	Restricted funds 2023 £ 13,710 - - - 13,710 - - - - - - - - 13,710 5,112 5,112 5,112 - - - - - - - - - - -	Endowm ent funds 2023 £ - - - - - - - - - - - - - - - - - - - - - - - - - - - -	Total funds 2023 £ 53,433 14,985 - - 68,418 323,763 323,763 7,757 420 8,177 4,332 15,120 19,452 419,810 79,519 79,519 79,519 176,246 8,363 9,821 36 45 436 438 195,385 1,248 571 68	Total funds 2022 £ 51,710 3,423 3,127 22,145
					80,405
					334,692
					334,692
					4,574 160
					4,734
					- 10,944
					10,944
					430,775 44,151
					44,151
					44,151 155,731 6,747 7,592 - - 40 -
					170,110
					- 1,398 -

Page 19

Crosby Hall Educational Trust

Detailed Statement of Financial Activities

Vehicles - Road Tax Premises costs Rates Light, heat and power Premises cleaning Premises repairs and maintenance Other premises costs General administrative costs, including depreciation and amortisation Depreciation of land and buildings Depreciation of Equipment Depreciation of Motor Vehicles Depreciation of Fixtures & Fittings Bank charges Equipment expensed General insurances Software, IT support and related costs Stationery and printing Subscriptions Sundry expenses Telephone, fax and broadband Legal and professional costs Accountancy and bookkeeping Consultancy fees Management charges Total of expenditure of other costs Total expenditure Net gains on investments Net income Transfers between funds Net income before other gains/(losses) Other Gains Net movement in funds Reconciliation of funds: Total funds brought forward	290 2,177 (439) 30,305 8,636 39,827 - 78,329 12,980 3,224 91 5,198 1,013 1,759 9,492 1,431 1,161 440 472 1,556 38,817 3,366 2,642 1,194 7,202 321,910 396,317 - 9,783 (142,524) (132,741) - (132,741) 1,374,484	- - - - - - - - - - - - - - - - - - - - - - - - - - 5,112 - 8,598 - 8,598 - 8,598 55,724	- - - - - - - - - - - - - - - - - - - - - - - - - - - 9,778 9,778 142,524 152,302 - 152,302 305,320	290 2,177 (439) 30,305 8,636 39,827 - 78,329 12,980 3,224 91 5,198 1,013 1,759 9,492 1,431 1,161 440 472 1,556 38,817 3,366 2,642 1,194 7,202 321,910 401,429 9,778 28,159 - 28,159 - 28,159 1,735,528	-
					1,398
					- 16,169 - 17,919 5,837
					39,925
					12,980 4,296 1,890 5,595 512 1,665 6,717 1,018 3,186 378 (131) 1,526
					39,632
					1,844 3,648 4,957
					10,449

					261,514
					305,665 16,520
					141,630 -
					141,630 -
					141,630
					1,593,898

Page 20

Crosby Hall Educational Trust Detailed Statement of Financial Activities

Total funds carried forward

1,241,743 64,322 457,622 1,763,687 1,735,528

Page 21