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2022-12-31-accounts

Page
Company
Particulars		 1-2
Report ofthe Directors 3-11
Report ofthe Auditors 12-16
Financial Statements
Consolidated Statement ofFinancial Activities 17
Consolidated Balance Sheet 18
Consolidated Statement ofCash Flow 19
Notes to the Financial Statements 20-38
Group Income and Expenditure Account 39
Detailed Income and Expenditure Account 40

Unrestricted Restricted Total funds Total funds
Note funds funds 2022 2021
Income:
Donations
and legacies		 4 22,671 22,671 10,630
Investment
Income		 5 227 227 2
Income from charitable
activities:
Core funding 5 6,000 6,000 57,239
Project funding 5 122,120 178,569 300,689 1,108,190
Operation
ofeducation
and		 heritage centre 6 317,752 317,752 235,706
Income from other trading activities:
Commercial
trading operations		 7 314,923 314,923 178,069
Total income 783,693 178,569 962,262 1,589,836
Expenditure
Cost of raising funds:
Commercial
trading operations		 8 323,934 323,934 207,277
Expenditure
on charitable		 activities:
Operation
ofeducation
and		 heritage centre 8 616,345 100,860 717,205 1,185,323
Governance 8 90,742 90,742 86,825
Total expenditure 1,031,021 100,860 1,131,881 1,479,425
Net income/(expenditure)
movement
for the year		 (247,328) 77,709 (169,619) 110,411
Transfer between
funds		 15 77,709 (77,709)
Net income/(expenditure) and net
movement
in funds for		 the year (169,619) (169,619) 110,411
Reconciliation
offunds
Total funds brought
forward		 15 332,856 332,856 222,445
Total funds carried forward 163,237 163,237 332,856

Group Charity Group Charity
Note 2022 2022 2021 2021
FIXEDASSETS
Tangible assets 10 82,281 76,002 124,495 119,264
Investments 11 12,002 - 12,002
82,281 88,004 124,495 131,266
CURRENT ASSETS
Stocks 12 36,842 32,750
Debtors 13 57,427 71,945 52,191 61,049
Cash at bank and in hand 186,679 160,736 416,018 356,371
280,948 232,681 500,959 417,420
CREDITORS: Amounts falling
due within one year 14 (199,992) (191,034) (292,598) (277,501)
NET CURRENT ASSETS 80,956 41,647 208,361 139,919
PROVISION FOR LIABILITIES
AND CHARGES
NET ASSETS 163,237 129,651 332,856 271,185
FUNDS
Restricted
funds		 15
Unrestricted
funds		 15 163,237 129,651 332,856 271,185
TOTAL FUNDS 163,237 129,651 332,856 271,185

YEAR ENDED 31DECEMBER 2022 YEAR ENDED 31DECEMBER 2022 YEAR ENDED 31DECEMBER 2022
Note 2022 2021
NET CASH INFLOW FROM
OPERATING ACTIVITIES (210,135) 14,650
CASHFLOWS FROM
INVESTING ACTIVITIES 18 227
CASHFLOWS FROM
FINANCIAL ACTIVITIES 18 (19,431) (41,567)
CHANGE
IN CASH AND CASH		 EQUIVALENTS
IN THIS REPORTING PERIOD 18 (229,339) (26,915)
RECONCILIATION
OF NET CASH		 FLOW TO MOVEMENT IN NET FUNDS
NET FUNDS AT 1 JANUARY 416,018 442,933
NET FUNDS AT 31 DECEMBER 186,679 416,018

4. DONATIONS
AND LEGACIES (GROUP &CHARITY)		 DONATIONS
AND LEGACIES (GROUP &CHARITY)		 2022 2021
Individuals 22,671 10,739
Charitable foundations
Donated assets from projects (109)
22,671 10,630

Unrestricted Unrestricted Restricted 2022 2021
Note fundsf funds
6
Income was received for:
Core funding 6,000 6,000 57,239
Heritage projects 122,120 178,569 300,689 1,108,190
Operation ofeducation and heritage centre 7 317,752 317,752 235,706
445,752 178,569 624,441 1,401,135
2021 1,106,281 294,854 1,401,135

5.CHARITABLE ACTIVITIES CONTINUED 5.CHARITABLE ACTIVITIES CONTINUED 5.CHARITABLE ACTIVITIES CONTINUED 5.CHARITABLE ACTIVITIES CONTINUED 5.CHARITABLE ACTIVITIES CONTINUED
Income for charitable activities was provided by:
Unrestricted Restricted 2022 2021
Note funds
f		 funds
8		 E f
Local government 6,000 6,000 57,239
Arts council 122,120 122,120 255,649
Other sources 122,120 56,449 178,569 852,541
122,120 178,569 300,689 1,108,190
Operation
ofeducation		 and heritage centre 6 317,752 317,752 235,706
445,872 178,569 624,441 1,401,135
2021 1,106,281 294,854 1,401,135
6. OPERATION OF EDUCATION AND HERITAGE CENTRE (GROUP) 2022
8		 2021
f
Events 6,575 6,071
Tours 89,286 80,884
Exhibitions 14,391 8,919
Car park charges
Venue hire		 65,982
2,177		 3,000
468
Covid-19 grants
Sundry income		 139,341 136,364
317,752 235,706
OPERATION OF EDUCATION AND HERITAGE CENTRE (CHARITY)
Events 6,576 5,255
Tours 89,286 79,504
Exhibitions 14,391 8,919
Car park charges
Venue hire		 2,177 3,000
468
Covid-19 grants
Sundry income		 137,917 76,263
250,347 173,409

YEAR ENDED 31 DECEMB ER 2022
7. INCOME FROM TRADING ACTIVITIES 2022 2021
E
Shop Sales
Caffr Sales		 121,060
193,863		 59,563
118,506
314,923 178,069

~hharttahta A tl
I
Costs
Specific Non Cost of
Basis of Project Project raising Total Total
costs costs costs funds Governance 2022 2021
E
Costs directly allocated to activities
Project costs Direct 61,601 61,601 276,879
Trading expenses Direct 154,586 154,586 84,900
Wages and salaries Direct 469,500 134,403 73,502 677,405 663,312
Professional
fees		 Direct 7,162 7,162 215,036
Publicity/Promotions Direct 4,568 4,568 8,060
Depreciation Direct 55,481 6,164 61,645 53,711
Travel expenses Direct
Equipment
hire		 Direct
Repairs &renewals
Bank charges		 Direct
Direct		 7,039 3,960
5,512		 2,479 10,999
7,991		 21,084
1,304
68,640 546,183 291,468 79,666 985,957 1,324,286
Support costs allocated to activities
Premises Floor
area 20,293 41,201 18,982 80,476 66,135
Insurance
General expenses		 Usage
Floor		 8,599 3,307 1,323 13,229 13,119
Staff costs
Audit fee		 area
Usage		 9,585
2,342		 19,461
901		 10,177 360
9,393		 39,223
3,603
9,393		 42,773
23,856
9,256
32,220 70,162 32,466 11,076 145,924 155,139
Total resources expended 'l00,860 616,345 323,934 90,742 1,131,881 1,479,425
2021 409,314 776,009 207,277 86,825 1,479,425

Unrestricted Restricted 2022 2021
funds funds
Costs of raising funds
Charitable
activities-		 Project specific 323,934 100,860 323,934
100,860		 207,277
409,314
Charitable activities- Non project 616,345 616,345 776,009
Governance 90,742 90,742 86,825
1,031,021 100,860 1,131,881 1,479,425
2021 1,070,111 409,314 1,479,425
oup net in
are stated		 coming
resources for the year
after charging:
2022 2021
f E
Audit fee 9,393 9,256
Non audit services
Depreciation
Operating
leases - Land
Operating
leases - Equipment		 61,645
38,493
2,028		 47,298
38,493
2,260

9. STAFF COSTS (GROUP) 2022 2021
f
Wages and salaries 626,430 605,940
Social security 38,697 42,827
Pension contributions 12,278 13,341
677,405 662,108

(Group) (Group) (Group) (Group)
Plant & Fixtures & Office Motor (Group)
Machinery Fittings Equipment Vehicles Total
Cost E E E E
At 31 December 2021 35,381 297,745 41,946 16,385 391,457
Additions 1,977 15,408 2,046 19,431
Disposals (500) (3,100) (1,122) (4,722)
Reciassification 6,175 (12,016) 5,841
At 31 December 2022 43,033 298,037 48,711 16,385 406,166
Depreciation
At 31 December 2021 9,596 213,863 27,118 16,385 266,962
Charged
in the year		 6,703 48,067 6,220 60,990
Disposals (489) (3,100) (478) (4,067)
Reclassification 13,420 (15,679) 2,259
At 31 December 2022 29,230 243,151 35,119 16,385 323,885
Net book value
At 31 December 2022 13,803 54,886 13,592 82,281
At 31 December 2021 25,785 83,882 14,828 124,495

(Charity) (Charity) (Charity) (Charity)
Plant & Fixtures & Office Motor (Charity)
Cost Machinery
f		 Fittings
E		 Equipment
E		 Vehicles
E		 Total
At 31 December 2021 28,402 293,077 41,946 16,385 379,810
Additions 977 13,673 2,046 16,696
Disposals (500) (3,100) (1,122) (4,722)
Reclassification 6,794 (12,635) 5,841
At 31 December 2022 35,673 291,015 48,711 16,385 391,784
Depreciation
At 31 December 2021 6,733 210,310 27,118 16,385 260,546
Charged
in the year		 5,674 47,409 6,220 59,303
Disposals
Reciassifications		 (489)
13,420		 (3,100)
(15,679)		 (478)
2,259		 (4,067)
At 31 December 2022 25,338 238,940 35,119 16,385 315,782
Net book value
At 31 December 2022 10,335 52,075 13,592 76,002
At 31 December 2021 21,669 82,767 14,828 119,264

11.INVESTMENT Group Charity Group Charity
2022 2022
E		 2021
6		 2021
f
Cost
As at 31 December 12,002 12,002
As at 31 December 12,002 12,002
A summary
of		 the results ofthe subsidiary the results ofthe subsidiary the results ofthe subsidiary is shown below: Total Total
2022 2021
E E
Turnover 380,906 228,633
Cost ofsales (125,894) (72,944)
Gross profit 255,012 155,689
Other income 11,128 90,482
Administrative expenses (266,504) (247,612)
Net profit l(loss) before taxation (364) (1,441)
The aggregate ofthe assets, liabilities and funds was
Assets 71,413 98,839
Liabilities (25,823) (52,885)
Funds (representing 12,002(2021:12,002) ordinary shares of61) 45,590 45,954

12. STOCKS
Group Charity Group Charity
2022 2022 202'I 2021
f f f
Stocks held for resale 36,842 32,750
36,842 32,750
13.DEBTORS
Trade debtors 7,590 6,511 12,698 6,157
Other debtors 3,308 3,500
Amounts
owed by group		 undertakings 10,580 15,771
Prepayments 12,940 11,669 6,748 6,185
VAT 36,897 43,185 29,437 29,436
57,427 71,945 52,191 61,049
14.CREDITORS: Amounts falling
due within one year
Group Charity Group Charity
2022 2022 2021 2021
f f f f
Trade creditors 47,397 42,910 62,922 64,457
Taxation and social security 30,987 30,987 9,226 9,226
Accruals 15,281 10,810 20,975 13,757
Payments
on account		 103,766 103,766 180,644 180,644
VAT
Other Creditors 2,561 2,561 18,831 9,417
Pension
199,992 191,034 292,598 277,501

At At
1Jan 31 Dec
2022 Income Expenditure Transfers 2022
f E E 6
General
reserve		 332,856 783,693 (1,031,021) 77,709 163,237
Total unrestricted funds 332,856 783,693 (1,031,021) 77,709 163,237
Restricted funds:
Projects 178,569 (100,860) (77,709)
Total restricted funds 178,569 (100,860) (77,709)
Total funds 332,856 962,262 (1,131,881) 163,237
STATEMENT OF FUNDS (GROUP)
At At
1Jan 31 Dec
2021 Income Expenditure Transfers 2021
E 6 6 6
General reserve 222,445 1,294,982 (1,070,111) (114,460) 332,856
Total unrestricted funds 222,445 1,294,982 (1,070,111) (114,460) 332,856
Restricted funds:
Projects 294,854 (409,314) 114,460
Total restricted funds 294,854 (409,314) 114,460
Total funds 222,445 1,589,836 (1,479,425) 332,856

At At
1Jan 31 Dec
2022 Income Expenditure Transfers 2022
E K
General reserve 271,184 431,181 (650,422) 77,709 129,652
Total unrestricted funds 271,184 431,181 (650,422) 77,709 129,652
Restricted funds:
Projects 178,569 (100,860) (77,709)
Total restricted funds 178,569 (100,860) (77,709)
Total funds 271,184 609,750 (751,282) 129,652
STATEMENT OF FUNDS (CHARITY)
At At
1Jan 31 Dec
2021 Income Expenditure Transfers 2021
E 6 f E
General reserve 188,246 1,085,319 (887,921) (114,460) 271,184
Total unrestricted funds 188,246 1,085,319 (887,921) (114,460) 271,184
Restricted funds:
Projects 294,854 (409,314) 114,460
Total restricted funds 294,854 (409,314) 114,460
Total funds 188,246 1,380,173 (1,297,235) 271,184

Unrestricted Restricted
funds funds Total
E f
Funds balance at 31 December 2022 are represented by:
Tangible fixed assets 76,002 76,002
Investments 12,002 12,002
Current assets 232,681 103,766 336,447
Current
liabilities		 (191,034) (103,766) (294,800)
Liabilities and charges
Total net assets 129,651 129,651

2022 2021
f
Not later than one year
Later than one and not later than five years 2,028 2,385
Later than five years 709,743 748,236
711,771 750,621
18. RECONCILIATION
OF NET INCOME		 / EXPENDITURE TO NET CASH INFLOW FROM
OPERATING ACTIVITIES (Group)
2022 2021
f f
Net income /(Expenditure)
for the reporting		 period
(as per the Statement ofFinancial Activities) (169,619) 110,411
Depreciation
(note 10)		 60,990 47,298
(Loss)/profit
on disposal oftangible		 fixed assets 655 6,413
Interest received (227) (2)
(Increase)
/ decrease
in stock		 (4,092) 19,111
(Increase) / decrease
in debtors		 (5,236) (35,289)
Increase
/ (decrease)
in creditors		 (92,606) (133,292)
Net cash provided
by/(used)		 by operating activities (210,135) 14,650

CASHFLOWS FROM FINANCING CASHFLOWS FROM FINANCING CASHFLOWS FROM FINANCING CASHFLOWS FROM FINANCING ACTIVITIES (Group)
2022f 2021
8
Interest received 227
Net cash inflow from financing activities 227
CASHFLOWS FROM INVESTING ACTIVITIES (Group)
2022 2021
f E
Purchase oftangible fixed assets (19,431) (41,567)
Net cash ouNow from investing activities (19,431) (41,567)
ANALYSIS OF CHANGES IN NET FUNDS (Group)
At1 Jan At 31Dec
2022
f		 Cash flows 2022f
Cash in hand and at bank 416,018 (229,339) 186,679
416,018 (229,339) 186,679

INCOME 2022f 2021
f
Grant income - core fund 6,000 57,239
- project fund 300,689 1,108,190
Trading
income		 314,924 178,070
Tours 89,286 38,572
Educational
bookings		 42,312
Parking charges 65,981 3,000
Gift aid 10,745 4,009
Covid-1 9grants
Sundry
income		 174,410 158,444
Investment
income		 227 2
962,262 1,589,838
EXPENDITURE
PROMOTIONS
AND OTHER ACTIVITIES
Opening stock 32,751 51,860
Stock purchases 158,676 65,790
Closing stock (36,842) (32,751)
Trading salaries 111,570 106,008
Publicity and promotion 4,568 8,060
Project expenses 61,601 356,114
(332,324) (555,081)
ADMINISTRATIVE EXPENSES
Wages and salaries 565,834 482,529
Printing,
postage and stationery		 2,842 4,648
Telephone 10,388 5,076
Motor and travel 1,006 5,414
Rent and rates 53,771 45,931
Repairs and renewals 10,999 21,084
Light and heat 26,705 20,204
Insurance 13,231 13,120
General expenses 28,590 47,033
Professional
fees		 16,555 224,292
Bank charges 7,991 1,304
Depreciation 60,990 47,298
Profit and loss on disposal 655 6,413
(799,557) (924,346)
SURPLUS / (DEFICIT) OF INCOME (169,619) 110,411

2022 2021
INCOME E 8
Grant income - core fund 7,815 57,239
- project fund 300,689 1,108,189
Tours 89,286 38,571
Educational
bookings		 40,931
Parking
charges		 3,000
Gift aided 38,746 44,282
Gifted from subsidiary
Covid-1 9grants
Sundry
income		 172,987 87,959
Investment
income		 227 2
609,750 1,380,173
EXPENDITURE
PROMOTIONS
AND OTHER ACTIVITIES
Purchases 5,432 2,792
Direct wages 23,967
Publicity and promotion 4,897 8,082
Project expenses 61,601 358,163
(71,930) (393,004)
ADMINISTRATIVE EXPENSES
Wages and salaries 486,091 480,546
Printing,
postage and stationery		 7,811 4,648
Telephone 7,994 5,075
Motor and travel 1,006 1,223
Rent and rates 41,302 45,891
Repairs and renewals 10,999 21,206
Light and heat 20,036 20,203
Insurance 9,922 13,124
General expenses 20,822 40,276
Professional
fees		 12,299 219,006
Bank charges 1,112 762
Depreciation 59,303 52,271
Profit and loss on disposal 655
(679,352) (904,231)
SURPLUS I (DEFICIT) OF INCOME (141,532) 82,948