|
|
|
|
|
For the Year Ending |
|
|
|
|
|
Financial Statements |
|
Page |
|
|
Trustees' Annual Report (Incorporating the Director's Report) |
1 |
|
Independent Examiner's Report to the Trustees |
6 |
|
Statement of Financial Activities (Including Income and Expenditure Account) |
7 |
|
Statement of Financial Position |
8 |
|
Notes to the Financial Statements |
9 |
|
|
|
Trustees' Annual Report (Incorporating the Director's Report) |
|
Registered charity name |
Dukes Barn Company |
|
Charity registration number |
1081656 |
|
Company registration number |
|
|
Principal office and registered |
Dukes Barn |
|
office |
School Lane |
|
Beeley |
|
|
Matlock |
|
|
Derbyshire |
|
|
DE4 2NU |
|
|
|
||
|
|
||
|
|
(Appointed
|
|
|
|
||
|
|
||
|
|
(Appointed
|
|
|
Company Secretary |
|
|
Independent Examiner |
|
|
Enterprise House |
|
|
Harmire Enterprise Park |
|
|
Barnard Castle |
|
|
County Durham |
|
|
DL12 8XP |
|
|
|
|
Trustee |
|
|
|
Independent Examiner's Report to the Trustees of
|
|
|
|
Statement of Financial Activities |
|
(including income and expenditure account) |
|
2024 |
2023 |
|||
|
Unrestricted funds |
Restricted funds |
Total funds |
Total funds |
|
|
Note |
£ |
£ |
£ |
£ |
|
Donations and legacies |
5 |
|
|
|
|
|
Charitable activities |
6 |
|
|
|
|
|
Other trading activities |
7 |
|
|
|
|
|
Investment income |
8 |
|
– |
|
|
|
--------- |
------- |
--------- |
--------- |
||
|
Total income |
|
|
|
|
|
|
--------- |
------- |
--------- |
--------- |
||
|
Costs of other trading activities |
9 |
5,148 |
– |
5,148 |
5,881 |
||
|
Investment management costs |
10 |
1,304 |
– |
1,304 |
1,279 |
||
|
Expenditure on charitable activities |
11,12 |
|
|
|
|
||
|
--------- |
------- |
--------- |
--------- |
||||
|
Total expenditure |
|
|
|
|
|||
|
--------- |
------- |
--------- |
--------- |
||||
|
--------- |
------- |
--------- |
--------- |
|
|
Net income/(expenditure) |
|
|
|
(
|
|
--------- |
------- |
--------- |
--------- |
|
|
Transfers between funds |
9,820 |
(9,820) |
– |
– |
|
Other recognised gains/(losses) |
3,048 |
– |
3,048 |
1,448 |
|
--------- |
------- |
--------- |
--------- |
|
|
Net movement in funds |
|
(
|
|
(
|
|
Total funds brought forward |
|
|
|
|
|
--------- |
------- |
--------- |
--------- |
|
|
Total funds carried forward |
|
|
|
|
|
--------- |
------- |
--------- |
--------- |
|
|
|
|
Statement of Financial Position |
|
2024 |
2023 |
|
|
Note |
£ |
£ |
|
Tangible fixed assets |
18 |
|
|
|
Investments |
19 |
|
|
|
--------- |
--------- |
||
|
|
|
||
|
Stocks |
20 |
|
|
|
Debtors |
21 |
|
|
|
Cash at bank and in hand |
|
|
|
|
-------- |
-------- |
||
|
|
|
||
|
Creditors: amounts falling due within one year |
22 |
|
|
|
-------- |
-------- |
||
|
Net Current Assets |
|
|
|
|
--------- |
--------- |
||
|
Total Assets Less Current Liabilities |
|
|
|
|
--------- |
--------- |
||
|
Net Assets |
|
|
|
|
--------- |
--------- |
||
|
Restricted funds |
|
|
|
|
Unrestricted funds |
|
|
|
|
--------- |
--------- |
||
|
Total charity funds |
25 |
|
|
|
--------- |
--------- |
||
|
|
|
Trustee |
|
|
|
Notes to the Financial Statements |
|
Long leasehold property |
- |
Over the remaining period of the lease
|
|
|
Furniture & Equipment |
- |
|
|
|
Motor vehicles |
- |
|
|
|
Climbing Wall/All Weather Pitch |
- |
|
|
|
Unrestricted Funds |
Restricted Funds |
Total Funds 2024 |
||
|
£ |
£ |
£ |
||
|
Donations |
1,773 |
5,277 |
7,050 |
|
|
Chatsworth Golf Club |
– |
– |
– |
|
|
Derbyshire Charity Clay Shoot |
24,525 |
– |
24,525 |
|
|
-------- |
------- |
-------- |
||
|
|
|
|
||
|
-------- |
------- |
-------- |
||
|
Unrestricted Funds |
Restricted Funds |
Total Funds 2023 |
||
|
£ |
£ |
£ |
||
|
Donations |
3,078 |
4,548 |
7,626 |
|
|
Chatsworth Golf Club |
14,000 |
– |
14,000 |
|
|
Derbyshire Charity Clay Shoot |
– |
– |
– |
|
|
-------- |
------- |
-------- |
||
|
|
|
|
||
|
-------- |
------- |
-------- |
||
|
Unrestricted Funds |
Restricted Funds |
Total Funds 2024 |
||
|
£ |
£ |
£ |
||
|
Fees for education courses |
|
|
|
|
|
--------- |
---- |
--------- |
||
|
Unrestricted Funds |
Restricted Funds |
Total Funds 2023 |
||
|
£ |
£ |
£ |
||
|
Fees for education courses |
|
|
|
|
|
--------- |
------- |
--------- |
||
|
Unrestricted Funds |
Restricted Funds |
Total Funds 2024 |
||
|
£ |
£ |
£ |
||
|
Fundraising events |
2,627 |
856 |
3,483 |
|
|
Gift shop |
7,667 |
– |
7,667 |
|
|
-------- |
---- |
-------- |
||
|
|
|
|
||
|
-------- |
---- |
-------- |
||
|
Unrestricted Funds |
Restricted Funds |
Total Funds 2023 |
||
|
£ |
£ |
£ |
||
|
Fundraising events |
3,244 |
– |
3,244 |
|
|
Gift shop |
6,441 |
– |
6,441 |
|
|
------- |
---- |
------- |
||
|
|
– |
|
||
|
------- |
---- |
------- |
||
|
Unrestricted Funds |
Total Funds 2024 |
Unrestricted Funds |
Total Funds 2023 |
||
|
£ |
£ |
£ |
£ |
||
|
Income from listed investments |
|
|
|
|
|
|
------- |
------- |
---- |
---- |
||
|
Unrestricted Funds |
Total Funds 2024 |
Unrestricted Funds |
Total Funds 2023 |
||
|
£ |
£ |
£ |
£ |
||
|
Gift shop |
3,808 |
3,808 |
5,192 |
5,192 |
|
|
Fundraising costs |
1,340 |
1,340 |
689 |
689 |
|
|
------- |
------- |
------- |
------- |
||
|
5,148 |
5,148 |
5,881 |
5,881 |
||
|
------- |
------- |
------- |
------- |
||
|
Unrestricted Funds |
Total Funds 2024 |
Unrestricted Funds |
Total Funds 2023 |
||
|
£ |
£ |
£ |
£ |
||
|
Portfolio management |
1,304 |
1,304 |
1,279 |
1,279 |
|
|
------- |
------- |
------- |
------- |
||
|
Unrestricted Funds |
Restricted Funds |
Total Funds 2024 |
||
|
£ |
£ |
£ |
||
|
Education Courses |
468,859 |
3,075 |
471,934 |
|
|
Support costs |
1,200 |
– |
1,200 |
|
|
--------- |
------- |
--------- |
||
|
|
|
|
||
|
--------- |
------- |
--------- |
||
|
Unrestricted Funds |
Restricted Funds |
Total Funds 2023 |
||
|
£ |
£ |
£ |
||
|
Education Courses |
442,080 |
4,353 |
446,433 |
|
|
Support costs |
1,575 |
– |
1,575 |
|
|
--------- |
------- |
--------- |
||
|
|
|
|
||
|
--------- |
------- |
--------- |
||
|
Activities undertaken directly |
Support costs |
Total funds 2024 |
Total fund 2023 |
||
|
£ |
£ |
£ |
£ |
||
|
Education Courses |
471,934 |
– |
471,934 |
446,433 |
|
|
Governance costs |
– |
1,200 |
1,200 |
1,575 |
|
|
--------- |
------- |
--------- |
--------- |
||
|
|
|
|
|
||
|
--------- |
------- |
--------- |
--------- |
||
|
2024 |
2023 |
|
|
£ |
£ |
|
|
Depreciation of tangible fixed assets |
42,121 |
41,732 |
|
Gains on disposal of heritage assets |
(5,731) |
– |
|
-------- |
-------- |
|
|
2024 |
2023 |
|
|
£ |
£ |
|
|
Independent examination of the financial statements |
1,200 |
1,440 |
|
Other financial services |
– |
213 |
|
------- |
------- |
|
|
|
|
|
|
------- |
------- |
|
|
2024 |
2023 |
|
|
£ |
£ |
|
|
Wages and salaries |
|
|
|
Social security costs |
|
|
|
Employer contributions to pension plans |
5,313 |
7,071 |
|
--------- |
--------- |
|
|
|
|
|
|
--------- |
--------- |
|
|
2024 |
2023 |
|
|
No. |
No. |
|
|
Number of staff |
10 |
10 |
|
---- |
---- |
|
|
2024 |
||
|
£ |
||
|
Bursaries paid for by the Morris Bursary fund |
24,072 |
|
|
Match funding for the Be Naturally Creative fund |
(2,521) |
|
|
Balance of designated bursary fund transferred to restricted bursary fund |
(10,200) |
|
|
Balance of climbing wall fund transferred to restricted bursary fund |
(1,423) |
|
|
Other transfers |
(108) |
|
|
-------- |
||
|
9,820 |
||
|
-------- |
||
|
Leasehold Improvements |
Furniture, Equipment, Fixtures & Fittings |
Motor vehicles |
Climbing Wall & All Weather Pitch |
Total |
|
|
£ |
£ |
£ |
£ |
£ |
|
|
Cost |
|||||
|
At 1 January 2024 |
|
|
|
|
|
|
Additions |
– |
|
– |
– |
|
|
--------- |
--------- |
-------- |
-------- |
------------ |
|
|
At 31 December 2024 |
|
|
|
|
|
|
--------- |
--------- |
-------- |
-------- |
------------ |
|
|
Depreciation |
|||||
|
At 1 January 2024 |
|
|
|
|
|
|
Charge for the year |
|
|
|
|
|
|
--------- |
--------- |
-------- |
-------- |
------------ |
|
|
At 31 December 2024 |
|
|
|
|
|
|
--------- |
--------- |
-------- |
-------- |
------------ |
|
|
Carrying amount |
|||||
|
At 31 December 2024 |
|
|
|
|
|
|
--------- |
--------- |
-------- |
-------- |
------------ |
|
|
At 31 December 2023 |
|
|
|
|
|
|
--------- |
--------- |
-------- |
-------- |
------------ |
|
|
Cash or cash equivalents |
Listed investments |
Total |
|
|
£ |
£ |
£ |
|
|
Cost or valuation |
|||
|
At 1 January 2024 |
1,204 |
108,466 |
109,670 |
|
Additions |
84,717 |
63,193 |
147,910 |
|
Disposals |
(63,193) |
(39,986) |
(103,179) |
|
Fair value movements |
– |
3,048 |
3,048 |
|
Other movements |
311 |
– |
311 |
|
-------- |
--------- |
--------- |
|
|
At 31 December 2024 |
23,039 |
134,721 |
157,760 |
|
-------- |
--------- |
--------- |
|
|
Impairment |
|||
|
At 1 January 2024 and 31 December 2024 |
– |
||
|
--------- |
|||
|
Carrying amount |
|||
|
At 31 December 2024 |
23,039 |
134,721 |
157,760 |
|
-------- |
--------- |
--------- |
|
|
At 31 December 2023 |
1,204 |
108,466 |
109,670 |
|
-------- |
--------- |
--------- |
|
|
2024 |
2023 |
||
|
£ |
£ |
||
|
Fixed interest bonds and deposits |
18,148 |
17,030 |
|
|
Equities |
94,573 |
84,436 |
|
|
Cash held pending re-investment |
45,039 |
8,204 |
|
|
--------- |
--------- |
||
|
228,081 |
622,299 |
||
|
--------- |
--------- |
||
|
2024 |
2023 |
|
|
£ |
£ |
|
|
Stock |
|
|
|
------- |
------- |
|
|
2024 |
2023 |
|
|
£ |
£ |
|
|
Trade debtors |
|
|
|
Prepayments and accrued income |
– |
|
|
Wages paid in advance |
– |
|
|
-------- |
-------- |
|
|
|
|
|
|
-------- |
-------- |
|
|
2024 |
2023 |
|
|
£ |
£ |
|
|
Trade creditors |
|
|
|
Accruals and deferred income |
|
|
|
Social security and other taxes |
|
|
|
Pension creditor |
|
|
|
Other creditors |
– |
|
|
-------- |
-------- |
|
|
|
|
|
|
-------- |
-------- |
|
|
2024 |
2023 |
|
|
£ |
£ |
|
|
At 1 January 2024 |
1,500 |
3,500 |
|
Amount released to income |
(1,500) |
(3,500) |
|
Amount deferred in year |
31,136 |
1,500 |
|
-------- |
------- |
|
|
At 31 December 2024 |
31,136 |
1,500 |
|
-------- |
------- |
|
|
At 1 Jan 2024 |
Income |
Expenditure |
Transfers |
Gains and losses |
At 31 Dec 2024 |
|
|
£ |
£ |
£ |
£ |
£ |
£ |
|
|
General funds |
104,034 |
453,849 |
(432,638) |
(18,043) |
– |
107,202 |
|
Bursary Fund |
10,718 |
– |
– |
9,282 |
– |
20,000 |
|
Kit and Equipment |
1,099 |
– |
(1,752) |
653 |
– |
– |
|
Capital Fund |
451,660 |
– |
(42,121) |
9,527 |
– |
419,066 |
|
Revaluation Reserve |
4,485 |
– |
– |
– |
3,048 |
7,533 |
|
Climbing Wall |
1,423 |
– |
– |
(1,423) |
– |
– |
|
Ropes Course Refurbishment |
72 |
– |
– |
– |
– |
72 |
|
Future Use |
14,000 |
24,635 |
– |
– |
– |
38,635 |
|
Alternative provision |
– |
197 |
– |
(176) |
– |
21 |
|
Building fund |
– |
– |
– |
10,000 |
– |
10,000 |
|
--------- |
--------- |
--------- |
-------- |
------- |
--------- |
|
|
587,491 |
478,681 |
(476,511) |
9,820 |
3,048 |
602,529 |
|
|
--------- |
--------- |
--------- |
-------- |
------- |
--------- |
|
|
At 1 Jan 2023 |
Income |
Expenditure |
Transfers |
Gains and losses |
At 31 Dec 2023 |
|
|
£ |
£ |
£ |
£ |
£ |
£ |
|
|
General funds |
102,602 |
413,311 |
(407,364) |
(4,515) |
– |
104,034 |
|
Bursary Fund |
10,718 |
– |
– |
– |
– |
10,718 |
|
Kit and Equipment |
3,191 |
– |
(2,092) |
– |
– |
1,099 |
|
Capital Fund |
478,525 |
– |
(41,359) |
14,494 |
– |
451,660 |
|
Revaluation Reserve |
3,037 |
– |
– |
– |
1,448 |
4,485 |
|
Climbing Wall |
(177) |
1,600 |
– |
– |
– |
1,423 |
|
Ropes Course Refurbishment |
72 |
– |
– |
– |
– |
72 |
|
Future Use |
– |
14,000 |
– |
– |
– |
14,000 |
|
Alternative provision |
– |
– |
– |
– |
– |
– |
|
Building fund |
– |
– |
– |
– |
– |
– |
|
--------- |
--------- |
--------- |
-------- |
------- |
--------- |
|
|
597,968 |
428,911 |
(450,815) |
9,979 |
1,448 |
587,491 |
|
|
--------- |
--------- |
--------- |
-------- |
------- |
--------- |
|
|
At 1 Jan 2024 |
Income |
Expenditure |
Transfers |
Gains and losses |
At 31 Dec 2024 |
|
|
£ |
£ |
£ |
£ |
£ |
£ |
|
|
Morris Bursary |
6,236 |
6,133 |
– |
(12,341) |
– |
28 |
|
Be Naturally Creative |
– |
554 |
(3,075) |
2,521 |
– |
– |
|
------- |
------- |
------- |
-------- |
---- |
---- |
|
|
6,236 |
6,687 |
(3,075) |
(9,820) |
– |
28 |
|
|
------- |
------- |
------- |
-------- |
---- |
---- |
|
|
At 1 Jan 2023 |
Income |
Expenditure |
Transfers |
Gains and losses |
At 31 Dec 2023 |
|
|
£ |
£ |
£ |
£ |
£ |
£ |
|
|
Morris Bursary |
18,731 |
3,325 |
– |
(15,820) |
– |
6,236 |
|
Be Naturally Creative |
(3,923) |
2,435 |
(4,353) |
5,841 |
– |
– |
|
-------- |
------- |
------- |
-------- |
---- |
------- |
|
|
14,808 |
5,760 |
(4,353) |
(9,979) |
– |
6,236 |
|
|
-------- |
------- |
------- |
-------- |
---- |
------- |
|
|
Unrestricted Funds |
Restricted Funds |
Total Funds 2024 |
||
|
£ |
£ |
£ |
||
|
Tangible fixed assets |
419,066 |
– |
419,066 |
|
|
Investments |
157,760 |
– |
157,760 |
|
|
Current assets |
73,006 |
28 |
73,034 |
|
|
Creditors less than 1 year |
(47,303) |
– |
(47,303) |
|
|
--------- |
---- |
--------- |
||
|
Net assets |
602,529 |
28 |
602,557 |
|
|
--------- |
---- |
--------- |
||
|
Unrestricted Funds |
Restricted Funds |
Total Funds 2023 |
||
|
£ |
£ |
£ |
||
|
Tangible fixed assets |
455,069 |
– |
455,069 |
|
|
Investments |
109,670 |
– |
109,670 |
|
|
Current assets |
35,575 |
6,236 |
41,811 |
|
|
Creditors less than 1 year |
(12,823) |
– |
(12,823) |
|
|
--------- |
------- |
--------- |
||
|
Net assets |
587,491 |
6,236 |
593,727 |
|
|
--------- |
------- |
--------- |
||