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|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|
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||||||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|
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|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|