Charity registration number 1149016
Company registration number 08206419 (England and Wales)
STRATFORD HISTORIC BUILDINGS TRUST
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
STRATFORD HISTORIC BUILDINGS TRUST
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Dr K P Bond
Mr W M Holden
Mr R Goodall
Mr R F Davis
Mr R J Caddick
Mr A Jefferson
Charity number
1149016
Company number
08206419
Registered office
Celixir House
Stratford Business & Technology Park
Innovation Way, Banbury Road
Stratford-upon-Avon
Warwickshire
United Kingdom
CV37 7GZ
Accountants
TC Group
Celixir House
Stratford Business & Technology Park
Innovation Way, Banbury Road
Stratford-upon-Avon
Warwickshire
United Kingdom
CV37 7GZ
STRATFORD HISTORIC BUILDINGS TRUST
CONTENTS
Page
Trustees report
1 - 2
Accountants' report
3
Statement of financial activities
4
Balance sheet
5 - 6
Notes to the financial statements
7 - 12
STRATFORD HISTORIC BUILDINGS TRUST
TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
- 1 -

The trustees present their annual report and financial statements for the year ended 30 September 2024.

The financial statements have been prepared in accordance with the accounting policies set out in note 1.1 to the financial statements and comply with the Charities governing document, 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 applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019).

Objectives and activities

The object of the Charity is restricted to preserving, for the benefit of the people of Stratford- upon-Avon and the historic county of Warwickshire and the Nation, the historical, architectural and constructional heritage that may exist in and around Stratford-Upon-Avon and the historic county of Warwickshire in buildings of particular beauty or historical, architectural or constructional interest.

 

Public benefit

The Charity have paid due regard to guidance issued by the Charity Commission in deciding what activities the Charity should undertake.

Achievements and performance
Significant activities and achievements against objectives

The Trust made significant progress in relation to the Old Toll House refurbishment in 2023 and are now able to benefit from an annual rental income from their tenant , The Pain and Injury Clinic. The Trust has been granted a 75 year lease from the freeholder, Stratford on Avon District Council. The nominal value shown in the balance sheet for this long lease does not reflect its potential income for the Trust from lettings in the future.

The Trust is also working with other charities in Stratford to help fulfil community obligations imposed by the Lottery funding.

The trustees are actively seeking to identify and consider the feasibility of preserving other properties which might be suitable projects for the Trust. Any such further project will be dependent on securing further grant funding and charitable donations.

Financial review
Reserves policy

The charity does not have a formal reserves policy, however reserves will be used to meet expenditure relating to the ongoing maintenance and repair and insurance of the Old Toll House.

The Trust has secured grant funding from the National Heritage Fund and one donation in the year. This income has been used to pay for a Heritage Trail Tourist Map.

The Statement of Financial Activities shows a deficit for the year ended 30 September 2024 of £3,452 (2023 deficit £880). Accumulated reserves total £29,584 (2023 £33,036) at the balance sheet date.

STRATFORD HISTORIC BUILDINGS TRUST
TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
- 2 -
Structure, governance and management

The charity is controlled by its governing document, its articles of association, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

 

Charity constitution

The Charity was incorporated on 7 September 2012 as a company limited by guarantee with registration number 08206419, and governed under the memorandum and articles of association . It is registered as a charity with the Charity Commission, registered number 1149016.

The Trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:

Dr K P Bond
Mr W M Holden
Mr R Goodall
Mr R F Davis
Mr R J Caddick
Mr A Jefferson
Recruitment and appointment of trustees

The trustees are actively seeking other trustees for the Board, exploring a variety of experience and background to supplement the knowledge base and experience of the Board.

 

Any person who is willing to act as trustee, and who is not disqualified from acting as a trustee, may be appointed as a trustee by ordinary resolution of the members. At each AGM one third of the trustees (or the number nearest one third) shall retire by rotation. Those retiring by rotation will be deemed to be have been reappointed unless at the meeting it is resolved not to fill the vacancy or unless a resolution for the appointment of the Trustee is put to the meeting and lost.

Risk Management

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

 

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The Trustees report was approved by the Board of Trustees.

Mr R F Davis
Trustee
27 June 2025
STRATFORD HISTORIC BUILDINGS TRUST
CHARTERED ACCOUNTANTS' REPORT TO THE TRUSTEES ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF STRATFORD HISTORIC BUILDINGS TRUST FOR THE YEAR ENDED 30 SEPTEMBER 2024
- 3 -

In order to assist you to fulfil your duties under the Companies Act 2014, we have prepared for your approval the financial statements of Stratford Historic Buildings Trust for the year ended 30 September 2024, which comprise the statement of financial activities and the related notes from the charity’s accounting records and from information and explanations you have given us.

 

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/gb/en/member/standards/rules-and-standards/rulebook.html.

This report is made to the charity's Trustees, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Stratford Historic Buildings Trust and state those matters that we have agreed to state to the charity's Trustees, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Stratford Historic Buildings Trust and the charity's Trustees as a body, for our work or for this report.

It is your duty to ensure that Stratford Historic Buildings Trust has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and deficit of Stratford Historic Buildings Trust. You consider that Stratford Historic Buildings Trust is exempt from the statutory audit requirement for the year, and is not required to obtain an independent examiner's report.

We have not been instructed to carry out an audit or a review of the financial statements of Stratford Historic Buildings Trust. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

TC Group
27 June 2025
Celixir House
Stratford Business & Technology Park
Innovation Way, Banbury Road
Stratford-upon-Avon
Warwickshire
CV37 7GZ
United Kingdom
STRATFORD HISTORIC BUILDINGS TRUST
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 30 SEPTEMBER 2024
- 4 -
Unrestricted
Restricted
Total
Unrestricted
Restricted
Total
funds
funds
funds
funds
2024
2024
2024
2023
2023
2023
Notes
£
£
£
£
£
£
Income from:
Donations, grants and legacies
2
10,100
-
10,100
-
-
-
Investments
3
7,489
-
7,489
7,460
-
7,460
Total income
17,589
-
17,589
7,460
-
7,460
Expenditure on:
Charitable activities
Support and Governance Costs
4
21,041
-
21,041
8,340
-
8,340
Total expenditure
21,041
-
21,041
8,340
-
8,340
Net expenditure and movement in funds
(3,452)
-
(3,452)
(880)
-
(880)
Reconciliation of funds:
Fund balances at 1 October 2023
13,768
19,268
33,036
14,648
19,268
33,916
Fund balances at 30 September 2024
10,316
19,268
29,584
13,768
19,268
33,036

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

STRATFORD HISTORIC BUILDINGS TRUST
BALANCE SHEET
AS AT
30 SEPTEMBER 2024
30 September 2024
- 5 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
8
1
1
Current assets
Debtors
9
747
297
Cash at bank and in hand
30,461
34,188
31,208
34,485
Creditors: amounts falling due within one year
10
(1,625)
(1,450)
Net current assets
29,583
33,035
Total assets less current liabilities
29,584
33,036
Net assets excluding pension liability
29,584
33,036
The funds of the
Restricted income funds
11
19,268
19,268
Unrestricted funds
10,316
13,768
29,584
33,036

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 30 September 2024.

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

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

STRATFORD HISTORIC BUILDINGS TRUST
BALANCE SHEET (CONTINUED)
AS AT
30 SEPTEMBER 2024
30 September 2024
- 6 -
The financial statements were approved by the Trustees on 27 June 2025
Mr R F Davis
Trustee
Company registration number 08206419 (England and Wales)
STRATFORD HISTORIC BUILDINGS TRUST
NOTES TO THE  FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
- 7 -
1
Accounting policies
Charity information

Stratford Historic Buildings Trust is a private company limited by guarantee incorporated in England and Wales. The registered office is Celixir House, Stratford Business & Technology Park, Innovation Way, Banbury Road, Stratford-upon-Avon, Warwickshire, CV37 7GZ, United Kingdom.

1.1
Accounting convention

The financial statements have been prepared in accordance with the Charity's Trust Deed, 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 is a Public Benefit Entity as defined by FRS 102. The Charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows.

The financial statements are prepared in sterling, which is the functional currency of the Charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

At the time of approving the financial statements, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. Thus the Charity continues to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Charitable funds

Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

1.4
Income
Income is recognised when the is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
1.5
Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.

1.6
Tangible fixed assets

Depreciation is not provided on the long leasehold interest, as it is shown at its nominal value of £1.

Leasehold land and buildings
None
STRATFORD HISTORIC BUILDINGS TRUST
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
1
Accounting policies
(Continued)
- 8 -
1.7
Taxation

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

2
Income from donations, grants and legacies
Unrestricted
Unrestricted
funds
funds
2024
2023
£
£
Gifts
100
-
Grants
10,000
-
10,100
-
3
Income from investments
Unrestricted
Unrestricted
funds
funds
2024
2023
£
£
Rental income
7,273
7,458
Interest receivable
216
2
7,489
7,460
STRATFORD HISTORIC BUILDINGS TRUST
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
- 9 -
4
Expenditure on charitable activities
Support and Governance Costs
Support and Governance Costs
2024
2023
£
£
Direct costs

Maintenance costs

871
2,227

Sundry Expenses

418
230

Heritage Trust Map

10,098
-

Commission charges

387
-

Heritage Trust Network

100
200
11,874
2,657
Share of support and governance costs (see note 5)
Support
1,244
1,222
Governance
7,923
4,461
21,041
8,340
Analysis by fund
Unrestricted funds
21,041
8,340
5
Support costs allocated to activities
2024
2023
£
£
Support Costs
1,244
1,222
Governance costs
7,923
4,461
9,167
5,683
Analysed between:
Support and Governance Costs
9,167
5,683
6
Trustees

None of the trustees (or any persons connected with them) received any remuneration or benefits from the during the year.

 

Trustees Expenses

There were no trustees expenses paid for the year ended 30 September 2024, nor for the prior year.

STRATFORD HISTORIC BUILDINGS TRUST
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
- 10 -
7
Employees
2024
2023
Number
Number
Total
-
0
-
0
There were no employees whose annual remuneration was more than £60,000.
8
Tangible fixed assets
Leasehold land and buildings
£
Cost
At 1 October 2023
1
At 30 September 2024
1
Carrying amount
At 30 September 2024
1
At 30 September 2023
1

The charity signed a 75 year lease in 2016 regarding the leasehold property at the Toll House, Stratford upon Avon. The rent is £1 in total.

9
Debtors
2024
2023
Amounts falling due within one year:
£
£
Other debtors
747
297
10
Creditors: amounts falling due within one year
2024
2023
£
£
Accruals and deferred income
1,625
1,450
STRATFORD HISTORIC BUILDINGS TRUST
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
- 11 -
11
Restricted funds

The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.

At 1 October 2023
At 30 September 2024
£
£
19,268
19,268
Previous year:
At 1 October 2022
At 30 September 2023
£
£
19,268
19,268
12
Unrestricted funds

The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

At 1 October 2023
Incoming resources
Resources expended
At 30 September 2024
£
£
£
£
General funds
13,768
17,589
(21,041)
10,316
Previous year:
At 1 October 2022
Incoming resources
Resources expended
At 30 September 2023
£
£
£
£
General funds
14,648
7,460
(8,340)
13,768
STRATFORD HISTORIC BUILDINGS TRUST
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
- 12 -
13
Analysis of net assets between funds
Unrestricted
Restricted
Total
funds
funds
2024
2024
2024
£
£
£
At 30 September 2024:
Tangible assets
1
-
1
Current assets/(liabilities)
10,315
19,268
29,583
10,316
19,268
29,584
Unrestricted
Restricted
Total
funds
funds
2023
2023
2023
£
£
£
At 30 September 2023:
Tangible assets
1
-
1
Current assets/(liabilities)
13,767
19,268
33,035
13,768
19,268
33,036
14
Related party transactions

There were no disclosable related party transactions during the year (2023 - none).

15
Members Guarantee

The charitable company is limited by guarantee. Every member of the company undertakes to contribute a sum not exceeding £10 to the company's assets if it should be dissolved while they are a member, or within one year after ceasing to be a member.

16
Recognition of Contingent Liabilities

At the year end date of 30 September 2024, there is a potential liability of £9,035 (2023 : £9,035) relating to the Toll House project. Grant income in 2016 in relation to a project resulted in an underspend of £10,000, which may become repayable.

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