REGISTERED CHARITY NUMBER 701152 rt ot the Trustees and Financlal Statements for the Year ended 31 March 2024 TheL ham He eGrou
The Lytham Heritage Gn)up CONTENTS OF THE FINANaAL ¥fATEMENTS For the Year Ended 31arCh 2024 Page Reference and Administratrve Details Report ofthe Executive Committee2- 4 Independent Examinerfs Report Receipts and Payments Account Statement of Assets and Liabilities Notes to the Financial Statements 8-11
The Lytham Heritage Group Reference and Administrative detsils For the Year Ended 31" March 2024 Charity Number 701152 Holding Trustees S W Forsh A G Kirby M Bell President A G Kirby Executive Committee (Trustees) S W Forsha* M Bell J Trnan A G Kirby H Fletcher D Hoyle S Williams P stn.nger P Anthony K Wykes Chaimian Treasurer Address 2 Henry Street Lytham Lan&qshire FY8 SLE Independent Examiner Leanne Niekl ACA Arc Acrountancy soluts.ons Limited 51 Laverton Road Lytham St. Anrtes. Larushire FY81EN Hon SolKitor DInSOng Solicitors 24 Park Ri)ad St Annes on Sea Lytham St Ar FY8 1 PA Bankers Royal Bank of Scotland DrumrrK)nd House IBCI Branch 1 Redheughs Ave. Edinburgh. EH12 gRH. Scottish Widry Bank p P O Box 12757 67 Monison Street Edinburgh EH3 8YJ Lbyds Bank plc Cofporation Street {3090901 Branch 30 Corporabon SL Blackpool FY1 1EN
The LythamHerwtaBe Group Report of the Executive Commtttee For the Year Ended 31" March 2024 The Executs've Committee has pasUre in submitbng rts reFXNt and &cntS for the year ended 31 March 2024. 8tructure, governan¢o and managom?nt Governlng document The Lytham Heritage Group was fCfft on 4 FeUary 1987 and is SK)vemed by the Constiiution adopted on 3 November 1988 a5 amended on 2 April 1990. 9 June 2010. 12 November 2010 and 15 June 2011. It is a registered chanty regulated by the Charity Corr#nissw)n. Appointment of Tn All Members of Ihe Executive comMee are Trustees of the charty. OffKers and Members of the Executive Commrttee are eleebj annualty at the Annual General N•£ding and ouigoing Members may be r&elected. Any freehold and knehold propety and all other property of any descriptn acquired by or belonging to the Group is vested in Holding Trustees. Holding Trustee5 must be at t in number C a trust corw)ration. The FX)wer of Holding Trustees is vested in the Executive Committee. A HokJing Trustee must be a Member of the Group Trn8tee inductlon and training New Trustees are br1 on the tenns of their legal oblvJ"ons under charity and c4)mp8ny law and the content of the Constitution under whth the Group is govemed. They are gÉven a copy of guidance provided by the Charity CommissJrs. Oryant6atlon The Executive Committee is responsible for the management and ajministration of the Gr¢)up. The Executive Committee consists of the Officers, other than Honorary Officer5. and not less than four and not more than eight other Members. The Executive Committee has the power to.. fill casual vacancies occurrtng amongst officers of the Group", fill up to three casual vacancies {UrTing amongst Members of the EXute Commrttee befvn General Pleets"ngs,' and cwt fvrther Members {Ytho shall attend in an advBory and non-votin9 capacty). The Executive Commrttee meets not less than six tiffes a year at inteNals of not trrtye than tvKs months. Three working groups, pOrtirj to the Exgjrtive Committee, fccus on achieving the Group's strategy. These are". ArchNe Heri* Centre Windmill& Old Lrfeboat House
The LythamHerita8e Group Report of the Executive CommTttee For the Year Ended 31" March 2024 Rlsk managèrnent Owing to the n8ture of the Group the onty risk area L8 related to the financial resources. The Trustees have in place proper pedureS for the safe cuStrY ofthe funds and disbursements. Obje¢tlve8 and activltles The Group is established ts the public benefil by educating the public in the graphY. history, natural history, archaeology and architecture of the An1 Parish of Lytham. The Trustees confiTrn that they have referred to the guidance contained in the Charity Commtssion's general guidance on public tenefft when reviewng the Group's aims and oty'ectives and in planning fure activities and setting the grant and gift making Oicy for the year. The Group cafries oul these otyects by aimiTr3 tr) f(6ter and sts'rnuLqte the publ Inte5t in its hislory and heritage and form and encourage other institutions to fom) a coltion of photographs, documents, films and other artefacts of an educional and htstorical nature and to make these available for public exhibition from time to ttme within the area. The Group also works to secure the preservation, protn. development and improvement of the archItra1 features and visual amenrties of historic or Publ interest in the area. The main objecttves durrng the year conttnued to be the wrsuil of the above objectrves at the Heritage Centre, Archive, VndmIll and Okl Lifebtiat House. During the year. other than the ongoing athibes of the Group with the Artist Displays at the Heritage Centre, the matn activrty has been to develop good qualtty heritage exhib"On material and improve the acsIbilty of the ArchNe Matenal. The Group is very involved in the communty and dependent Sole on voluntary help. Achiovemonts and performance During the year. the Group pursued the core aims of research. exhibit#)ns and archmng. During the period the Herilage Centre was ch)sed as work was undertaken to improve the fa¢ilities. The Central Heating boiler was replaced, the floor was sand1 and re-vamished, the UV Film on the windows was replaced. Areas of the carpet were also replaced. The windows were painted together with painting upstairs which had been damaged by a water leak OUtse New lettering was installed. the planters were painted and the patio was jet washed. During the year the Heritage Centre RTr)f has been repaired to stop ingress ¢)f water. The Group has again been particularly pr(XKI of the exhibikns tl has researc, prepared and staged this year and the team's results have attrted much deserved praise and signtficanuy increased donations. In November 2023 we had a Heritage Exhibits"on on 'LHA's PAST ' In February there was "Primary Art Celebration . by pupils from kal Primary schools. Pfizes were given for the best work at the Celebrations which were sponsorgj by grants from Fylde Borough Council and The Edith Mary Clark Foundakn. In February we had an Hentage Exhibition on Yhe RNLI - 200 y&S of Saving Lives at Sea" by the RNLI and Lytham Herrtsge Archive. The material Sour of fundraising continue to be the pr10n of d(mab"on boxes. exhibrtions and the sate of books and cards. The Group is also relBnt on grants and grfis to meet the cost of activrties at the Lytham Hentage Centre. The level of incoming resources arising from donats.on boxes, exhibitions. grants and gtfts [5 entirely reliant on the generosty of the general public. Ther have been a number of wbtic talks have been well attended together with Social Events.
The LythamHeritsge Group Report of the Executive Commlttee Forthe Year Ended 31 March 2024 Financlal rovi•w The charity has prepared these accounts on the receipts and pants basis, summarising all money received or paid by the chanty during the year. Total receipts from cash fvnds forthe year were £26.540 (2023. £23.986}. The net loss for the year fmm cash funds Wds £19,04n(2023. £1,324}. The charty also invested in temi deF4)Srts and receiNtd £1.251 in intet {2023". £397). A statement giving deta'ls of the assets liabilibes at the of the year is provtded on page 7. The investment account is being transfe¥r&Y fr(¥n The Scottish Wthw5 Bank Aw)unt to the Skipton Buikling Society. Currenly The scotb.sh Widows Bank Account has teen closed and the Skipton Building Scciety ig in the prccess of "ng opened. This wll be finalised in April 2024. ReseThe8 °working opitaf minimum balar of £5,CiIO wll nomalty be held in instant access accounts with the balance invested in short to medium temi fixed rate cash securilies folh)wing our policy of a low atts'lude to risk Plans for ffurE poriods Work is progressin9 to update and improve the displays in the Imndmill and Old Lifetx)at House. Investment ting made to improve the IT (pabilty of the Archive. We a ntinuIng work C the IT SYS to improve our Membership and CRM data and also the ability for the publ to view our archive material. The Archive Team wll continue to create exhibitions in line wth our lMary objectives of education and heritage awareness. This report wa$ approved by the ExecutNe Commrttee on 13 August 2024 and was signed on its behalf by. 8 Forshaw- Chalmian Dated
The Lytham Heritage Group Independent Examinerfs Rep)rt Forthe Year Ended 31 March 2024 I reportto the chartty trustees on my MIrtIOn of the acwjnts of the tharfjtyf0r &r ended 31"March 2024 whKh are setouton pages 6- 11. Respons[flo& and bas& of re As the Chartys trusteesyou a re¥nSIble for the of the accordarKe wlth the reoulrements of the Charitie5 Act 20111'the Arfl. I report In $pett of my exarnination ol the chan$ accourts carrEd out under seeuon 145 of the Att at)d In carrying out my examination I have folhxved all the applkable DIrecnS wven Charity CommissJn under settn 14515llbl of the Art. Indep•ndent eXa1n155taternert I have comted my examlnabon. I conftm) that rnatwial matters hfft CO trj my attenthn In ¢onrctIOn wh the examlnatSon 8T¥ln8 Caset0 beliv•e thatin arry mateFial rts accounti records were rb)t kepr in of£haTrtyas retyired by Sec)n 130 ofthÈ Att,. or Ihe accounts th) notaccord wfth those remrds. or the accounts (kn rKt tompty wlth the applicable wuwerrnts concerningthÈform aThJ content of a£counts set out In the Charrf(ies IAccounts and RÈwrt51 Regulation$ 2(K)8 other than any wuirementthat the a¢tounts gNe a'true and fair Vie which is Trjt a matter Considered as part of an IndÈpendentexamlnation" or the accounts have not been wepared in ¥¢tsrdarKe with tt CharlS SORP IFItS1021. I have no concerns and Iwve come acros5 no other rnatte¥s ¢n Conon with the examinaOn to whlch attenth)n should be drawn In thi5 rew)rt In orderto enable a pro¥ understsnding of the accourtsto hed. Leanne N*ld ACA JtAccountsnry Solutths Umrted 51 Laverton Road Lytham St. Annes Lancashire FY8 IEN Date..
The Lytham Heritage Group Receipts and Payments Account For the Year Ended 31 March 2024 uTrre8trict Desrgnatod Restri¢tod fvnds fvnds nds 2024 Total 2023 Total Cash fund8 Note Recelpts Subscriptions, grants and donatsons Income from fundraising aGtivities Bank interest 1285 12,585 11,233 13,230 72S 13,230 725 12,569 Total recelpts 26.540 26.540 23.986 Payments Fundraising aclivib'es Charitable and administration Costs 4,447 4,922 31.140 31,140 17,740 Total payments 35,S87 35,$87 22.662 Net receiptsllpayments) for the year (9,0471 {9,047) 1.324 Transfers from tem) deposits 94,949 5.000 99.949 Cash and bank balances at 31 March 2023 58,246 58,246 56,922 Cash and bank balan¢es at 31 March 2024 144.148 5,000 149.148 58,246 Temi deposlts Recelpts Interest 1.251 1,251 397 Net receiptsllpayments) for the year Transfer to cash funds Transfers bets¥een ftjnds 1,2S1 1,251 397 194,9491 (5,000 (99,949) Term deposst balances at 31 Mar¢h 2023 93,698 5,000 98,698 98.301 Temi deposits balances at 31 March 2024 98.698
The Lytham Heritage Group Statement of Assets and Liabilities For the Year Ended 31 March 2024 2024 Total 2023 Total funds funds Note Cash funds Lloyds HSBC The Royal Bank of Scotland PIC CAF deposit accounts Cash 14£093 149.093 58,181 10 Total funds per recelpts and payments account 144.148 149.148 58,246 Tern? deposlts Scotb'sh WidovL8 Bank P 98,698 98,698 other mnetary assets Stock Accrued interest Gift Aid recoverable Insurance prepayment 700 700 250 250 950 Assets retain9d fortho Charity's own use 390.000 390,000 390.000 Llabilittgs Accruals The accounts We approved by the Executive Committee on and are signed on their behalf by: S Fornhaw- Chaiffln Bell- Treasurer
The Lytham Herttage Group Notes to the accounts For the Year Ended 31° March 2024 1 Accounting policies Basls ot a¢¢ountlng These accounts have been wepared on the receipts and payments basi5. Fund accountlng General fund General fvnds are unrestri¢ted funds whth are availabte tor use at the digretion of the Trustees in rtherance of the general objectives of the ¢harity and which have not been designated for other purposes. De81gnated fvnd5 These funds are set aside by th8 Trustees out of unrestricted general funds for specific purposes or projects Rgstrfcted funds These are fiJnds thal can onty be used for parbcular restnct8J putFoses. Restrictsons arise when spectfied by the donor or by the speofic terms of the appeal under whth the funds are raised. The restrictions are binding upon Ihe Trustees of the chanty. Income All income is included in the accourrts on a receipts basis. Gifts donated for resale aTr included as income when they are sold. No amounts are included in the financtal statements donated by volunteeTS Payments All expenditure is accounted fDr when patd and has been C$s[ed under headings th* aggregate all costs related to the category. Where costs cartnot be directly attn"buted to partKular heads they have been allocated to actNities on a bas con$tent Iwth use of the resources. Fundraising costs are those incurred in seeking voluntary contrtbubons and do not include the costs of disseminating infomab.on in support of the charrlable activtties. Charitable costs are those costs incurred directly in support of expendrture on the objects of the chanty and in¢lude project management earried out at Headquarters. Management and adMinistratn costs are those incurred in connection with administrab.on of the charity and compliance with o)nstitubonal and statutory requirements. val added tax VAT is not recoverabfe by the Charity and as such is induded in the relevant Costs.
The Lytham Heritage Group Notes to the acthunts For the Year Ended 31 March 2024 Unrntrlct•d Deslgnat•d Restrlctgd Total 2024 Total 2023 GfftAD Annual subscriptions Donations.. Windmill Old Lrfetoat House Donations.. Henry St & archive Donations (Group} Gran1$ 1.415 4114 114 4.447 123 1.823 914 1.699 1.699 1,351 2,341 1,050 2,341 2,307 800 12.585 12,585 11,233 Income TrGeivod from fundraising acllvitlos Income on social events Exhibrtions Sale of t4kS and cards- Windmlll Old Lifeboat House Henry St & ar¢hive 2,331 2M7 2J31 2.487 1.959 2,923 950 496 6.966 665 346 6,676 13.230 13,230 12,569 Fundra181ng activili•s Social events costs Books and cards stcck purchased 1.688 1,674 1759 2,759 3,248 4A47 4.922
The Lytham Heritage Group Notes to the accounts For the Year Ended 31" March 2024 Charilable and adminlstrative costs Total 2023 2024 Donattsjns Heritage Central hea( ligm & vrdter Repairs Insurance AnlNuarian Postsge and tewone Bank charges Archive expens Cleaning expense IT Services Accountsncy expenses Sundry expenses Windmill expense Old Lifeboat House expense 317 4,207 10,264 317 4207 10,264 7.600 927 1.652 620 2,742 2,164 7.142 403 1.076 927 1.574 941 1,574 941 635 1,650 1.278 9S 1.921 289 505 1.278 578 265 35 31.140 31.140 17.740 Trustees The Trustees not receive any remunerathjn or (MJI of rxket eynses in the current year or pVIous. Detaih of certaln typos of eXndIre Fees for the examination of the accounts." 2024 2023 Indedent examlner fees 1,650 These fees were rekkn.ng to the independent examinatThis of PoU$ years accounts. but the payment was made in the cuThent aco)unts"ng year. Stock consists of purchased goods for resa. The esb"mated value of stocks hekl at the year end are shown on the Ststement of Assets and knabililies at the lower of cost and net realISab value. Items donated for sale a not induded in the financial ststements unb'l they are sold. io
The Lytham Heritage Group Notes to the accounts For the Year Ended 31 March 2024 Agsets rgtained for th• charity's oym use Fixed assets retained for the charlS use is the freehohl propety at 2 Henry Street. This propety was revalued on 18 June 2021 by Grahame Benste&J MRICS IRRV of 8ushe115 and Benstead Chartered Surveyors at Mafket Value. Assets reccgnised Lwjt not valued in the Statement of Assets and Liabilibes indude the Audio Visual equipmenc together with other IT equipmert ffixtures fftts'ngs, and exhibition equipment owned by the charity. 10 The movement In funds durfng the yoar Tmere: Balan¢0 Balaneo clhvd Rocelpts PayThnts Transfern General funds 151,944 27.791 {35.587) 144,148 Rgstricted: Old Lrfeboat House Fund 5,000 156.944 27.791 (35.587) 149,148 Old Llfel)oat House Fund These funds will be used for tangitde improvnts onty to the Old Lifeboat House. Prior year comparatives: Balan¢e Balance fwd Rgcgipts Payments Transfers Unreslricted: General funds 150.223 (4662) 151,944 Restrlded: Old Lifeboat House Fund 5,000 15S,223 (22.662) 156,944 li