Charity registration number 1055410 (England and Wales)
Company registration number 03194731
NORFOLK FAMILY HISTORY SOCIETY
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
NORFOLK FAMILY HISTORY SOCIETY
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
C Taylor
P Whiscombe
C Reeve
R Ashberry
B Broad
C Bush
A Harper
Charity number (England and Wales)
1055410
Company number
03194731
Registered office
Kirby Hall
70 St Giles Street
NORWICH
Norfolk
United Kingdom
NR2 1LS
Independent examiner
Argents Accountants Limited
15 Palace Street
NORWICH
Norfolk
United Kingdom
NR3 1RT
NORFOLK FAMILY HISTORY SOCIETY
CONTENTS
Page
Trustees' report
1 - 7
Independent examiner's report
8
Statement of financial activities
9
Balance sheet
10
Notes to the financial statements
11 - 20
NORFOLK FAMILY HISTORY SOCIETY
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT)
FOR THE YEAR ENDED 31 MARCH 2025
- 1 -

The trustees present their annual report and financial statements for the year ended 31 March 2025.

 

Incorporation

The Norfolk Family History Society, which is governed by its Memorandum and Articles of Association, was incorporated as a Private Limited Company on 3rd May 1996, Company Number: 3194731 and registered as a Charity on 15th May 1996, Charity Number: 1055410 to take over the assets and liabilities of the General Fund of the Norfolk and Norwich Genealogical Society, founded in 1968. The transfer took place on 31st October 1996. The affairs of the Society are managed by the trustees’ committee which meets every month. It consists of the named trustees, appointed at the Annual General Meeting held in October each year.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's 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 Objects of the Norfolk Family History Society are set out in its Memorandum and Articles of Association to advance the education of the general public by:

 

(a) Collecting, publishing and making accessible in the interests of genealogy, heraldry and family history any document, record or book relating to the County of Norfolk

(b) Promoting the preservation of such documents and records on the advice of the County Archivist for Norfolk

(c) Encouraging the study of genealogy, heraldry and family history

(d) Giving educational assistance by way of lectures and otherwise with reference to record research.

 

The Society is fortunate to have its own premises and a sizeable collection of documents, books, and records, known as the Kirby Hall Library. This is staffed by volunteers and normally opens to the public for 4 regular sessions each week, Saturday mornings having recently been added (for details see the NFHS website).

 

The Society aims to be a centre of excellence in Norfolk Family History research and to promote the interests of both individuals and groups engaged in this activity. It seeks to encourage and assist those interested by providing the means to share, exchange and publish information about Family History.

 

The Society's main aims during the year have been to:

 

 

 

 

 

 

 

NORFOLK FAMILY HISTORY SOCIETY
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 2 -

In furtherance of the Society's objectives, the NFHS has established the following activities, services and facilities which contribute towards those objectives: In furtherance of the Society's objectives, the NFHS has established the following activities, services and facilities which contribute towards those objectives:

Public benefit

The trustees confirm that they have complied with the duty in section 4 of the Charities Act 2006 to have due regard to the Charity Commission’s general guidance on public benefit. The purpose of the charity is encapsulated in its objects to make available its resources to as wide an audience as possible, to encourage the study of family history. To this end the resource centre is open free to the public on four days a week and the Society website gives all necessary general information to ensure that the public can benefit from its services. The wide range of activities listed above makes a positive contribution to the study of Norfolk family history and contributes significantly to achieving the aims and objectives of the Society.

NORFOLK FAMILY HISTORY SOCIETY
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 3 -
Volunteers

The Society has no salaried staff. All activities are undertaken by the unpaid voluntary activities of its members.

 

The total number of visitors to Kirby Hall over the year was 460, slightly up on the year before.

A Zoom meeting was held monthly, except for August and December. Figures show members participating in talks on the night are on average 80-100. The talks are recorded, where permitted by the speakers, and placed on the events page of our website and a lot of interest has been shown in this by 100+ viewing each recording. These figures include a significant number from members overseas.

 

Heritage Open Days were held in September. Last year’s dates were Friday September 6thth – Saturday September 14th We opened Kirby Hall on our normal working days, Tues, Wed, and Thurs. 10.am-4.pm. Although Saturday is normally a half day, 10.am -1.pm we did get volunteers to work on this occasion in the afternoon. Numbers were slightly down from the year before - 58 visitors.

 

A Volunteers Social was held last October which was attended by 23 helpers. It’s a very positive way for volunteers to catch up with each other particularly if they don’t work together.

Achievements and performance

Membership

The membership of the NFHS on 31st March was:

 

Year

 

UK

USA

Australia

Canada

NZ

Other

Total

2023/24

 

2,917

101

175

60

24

46

3,323

2024/25

 

2,656

81

169

59

26

38

3,029

 

Again, overall membership numbers are down, although there have been 434 new members during the year which is broadly similar to 2023/24 which was 443. This indicates that we continue to attract members during the year, but more fail to renew, probably also due to an ageing membership as well as those just joining for one year to benefit from the facilities on offer. We have collected figures this year on where new members join from:

 

Internet

NRG

Rejoined

Kirby Hall

Family Friend

Library search

Facebook

External event

162

66

80

33

15

4

58

16

 

Extensive efforts are made after every year end by the membership secretary to contact members who have failed to renew their membership to encourage them to re-join.

 

MEMBER BENEFIT

In return for their subscription to the Society members receive:

 

 

 

NORFOLK FAMILY HISTORY SOCIETY
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 4 -

Resource Centre Achievements

We have received several donated archive document collections during the year that have and will continue to be sorted and where possible the data extracted for access by our members.

Documents for research challenges and investigation for work experience student placements have been developed and employed for this year’s student. It is felt that both the student and the Society benefit from being able to provide some real-world experience for the students and the feedback from them has been positive.

A new pavement advertising sign with two A1 size posters purchased and placed outside the front door whenever we are open to help raise awareness of the centre.

We continue to review books that become available from the City Bookshop and other sources and purchase these when they are relevant to the Society’s aims.

A new film and fiche scanner has been purchased, and a small group of volunteers have been instructed on how to use it to achieve the best results. It has provided a marked improvement in usability over the previous scanner and it is hoped that it will enable us to provide better images more speedily for our transcribers. Attempts continue to sell the old scanner.

Ongoing projects extracting data for eventual uploading to NORS such as wills, manors and property, poll books, strays, BMDs, family trees etc., have continued through the year with the tasks being carried out by our dedicated team of volunteers steadily working through the documents available to us.

Our look-up service continues to answer a steady stream of queries from our members throughout the year.

Stock checks were carried out during the year with no losses reported. Updated catalogues for library books and pedigrees have been uploaded to the website.

A decision was made to dispose of our limited stock of hard copy Ordnance Survey maps as they occupy a lot of valuable space and the National Library of Scotland provides a free source of a comprehensive array of all the OS mapping online which should satisfy all the map requirements in the resource centre.

We have continued to regularly change the wall displays both within and outside of the building to provide interesting family history and Norfolk related subjects for our visitors to study.

Our librarian, Ellen Carr, gave notice that she would be standing down from the role as of 31st March 2024. Our thanks go to Ellen for the incredible amount of hard work that she has undertaken to dramatically improve the presentation and cataloguing of documents within the resource centre. She will be sorely missed by the Society both for her input into the resource centre and as an active and constructive trustee. Happily, we will continue to see Ellen in Kirby Hall as she has said she will continue to volunteer.

Norfolk Ancestor Achievements

Four full colour 'Norfolk Ancestors' were produced and distributed to time both in hard copy and online formats.

Use of illustrations has been more creative (by, for example, putting shadows around photographs to make them look ‘real’ and pop out from the page).

The number of contributed articles from members remains healthy with enough supplied to keep pace with those published in each issue.

For the first time the Editor has had positive feedback on the quizzes suggesting that they have struck the right balance between being ‘challenging’ yet ‘do-able.’

Flow of new books for review is slow (even online versions from Pen and Sword); however, the Editor remains on their distribution list and picks any up that sound relevant. If pushed for space, the single page ‘Bookshelf” is the easiest page to drop in any given issue.

Other Achievements

The Society was, for the first time, represented at the Volunteers Extravaganza Day at The Forum in Norwich. The event was well supported and we were able to interact with many potential volunteers on the day but translating them into actual is more of a challenge.

The Editor is progressing with a churchyard survey at St Andrews church, Bacton.

NORFOLK FAMILY HISTORY SOCIETY
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 5 -

Premises Achievements

Best Practice - We continue to apply best practice where possible. Project managing in-house continues to create huge cost savings and benefits. Trade buying of goods, negotiation of multiple contractors, hands on working on various projects, managing the compliance paperwork, control of contractors, negotiating zero or low delivery costs and keeping finger on the pulse to help keep work in progress costs manageable.

Office refurbishment project – In this period the previous hold on modification of the office was lifted and a substantial refit was carried out. All new office furniture, desks, chairs, carpet, electrical upgrades, wall monitor and conference table summarise some of the activities that have brought the previous tired look and feel to a now more pleasant and vibrant work area for the whole of NFHS.

Energy Supplier - After much research and commercial costs sought within the energy market, our previous energy supplier ‘Opus’ was changed to Octopus Energy. Octopus have proven to be a breath of fresh air and our treasurer reported overhead costs had fallen and at one stage we were back in line with our fixed monthly direct debit payments – a remarkable change from previous years’ onerous and unforeseen energy rises.

Heating – Further modifications have been made to the wall heaters situated at high level in the main hall. These have now had all their isolators changed to ‘Electronic Step Timers’. This modification now inhibits users who in the past would have switched them on but not necessarily switched them off. Another energy and money saving initiative.

Car Park Access – The all new digital boron lock replaced in 2023/24 was again vandalised. However, this time a replacement was easily sourced and the code was changed as per NFHS policy and had minimal impact on staff unlike previous years when having to change locks and keys caused huge administration upheaval.

Exterior – We have continued to be impacted by rough sleepers at the front of Kirby Hall. A non-deleterious galvanised steel planter was refurbished and placed on concrete piers across the sleeping area. At time of writing, there have been no further reports of rough sleeping so the hope is this initiative has eradicated this activity. Edmund Perry continues to keep the outside appearance looking fresh and welcoming and is also nurturing this latest planter.

Building Periodical Electrical Certification – During the Office Refurbishment Project closure of Kirby Hall, the building was fully tested and then issued with an EICR – Electrical Installation Condition Report. This certification covers us for the next 5 years and also encompasses all modifications carried out for Project ORP.

Emergency Lighting – All internal emergency lighting has been annually inspected and few failures were detected. Any failed emergency lights have now been upgraded to LED, thus further saving energy costs whilst producing higher light output.

Chubb Fire Alarm – The now defunct ‘Red Care’ analogue system controlling the fire alarm has now been removed and upgraded to an all new GSM system in readiness for the impending digital changeover.

Miscellaneous - General repairs and modifications continue to be applied including cloakroom water heater valve leaking, kitchen cabinet shelving repairs, door stops, office air heater curtain etc. solidifying. We continue to monitor and spend as required to keep Kirby Hall safe, comfortable and operational.

IT Services Achievements

Optimism about the early completion of the new integrated NFHS Website and NORS database proved to be misplaced. We continue to work with Beachshore to overcome the issues that have arisen in converting our existing data and membership requirements to suit the new site and look forward to being able to launch it later this year.

We have continued our relationship with Anglian Internet providing our routine IT technical support.

We will continue to monitor any changes to the planned withdrawal of Windows 10 support by Microsoft due in October 2025 to ensure that the current computers we have in Kirby Hall that cannot be upgraded to Windows 11 will be replaced in time.

We have been unable to implement the planned change in our broadband provision from the analogue PSTN system to full fibre digital due to the lack of response from our security and fire alarm provider, Chubb, in upgrading the diallers to operate on the digital system. As soon as the upgrading takes place, we will implement the change to full fibre with a consequent improvement in the speed and stability of our broadband.

Financial review

The results for the year are set out on 9 to 20.

NORFOLK FAMILY HISTORY SOCIETY
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 6 -
Major risks

Risk Assessment

The trustees review the risks to which the Society is exposed on a regular basis and their comments are recorded in the trustees' committee meeting minutes. The principal risks and uncertainties facing the charity have been identified using a Strengths, Weaknesses, Opportunities and Threats (SWOT) analysis, particularly those connected with the resource centre premises and use of facilities; trustee and volunteer recruitment and membership attraction / retention. A business plan has been discussed with recommendations made and some actions taken although this is still and will continue to be an ongoing activity particularly with regard to the impact on membership and volunteers as a consequence of the coronavirus pandemic and other demographic issues.

 

Plans for future periods

FUTURE DEVELOPMENTS

 

Structure, governance and management

The NFHS is a registered charity governed by its Memorandum and Articles of Association, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

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:

C Taylor
P Whiscombe
C Reeve
E Carr
(Resigned 30 March 2025)
R Ashberry
B Broad
C Bush
A Harper
NORFOLK FAMILY HISTORY SOCIETY
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 7 -
Recruitment and appointment of trustees

The Society requires a good cross section of skills on the Board of Trustees to cover all the areas which the NFHS encompasses. The Board is always looking for new trustees. Putting in place recruitment, selection and induction procedures as recommended by the Charity Commission is in progress. Role descriptions have been agreed and issued for several roles but a checklist for new Trustees to assess their skills and to ensure induction is carried out on all areas of operations has not yet been produced. Copies of the Charity Commission documents have been put on the server and printed and the Trustees continue to list and document their own procedures as these evolve.

 

The trustees' report was approved by the Board of Trustees.

P Whiscombe
Trustee
15 October 2025
NORFOLK FAMILY HISTORY SOCIETY
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF NORFOLK FAMILY HISTORY SOCIETY
- 8 -

I report to the trustees on my examination of the financial statements of Norfolk Family History Society (the charity) for the year ended 31 March 2025.

Responsibilities and basis of report

As the trustees of the charity (and also its directors for the purposes of company law), you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006.

Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the Companies Act 2006 and are eligible for independent examination, I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

1

accounting records were not kept in respect of the charity as required by section 386 of the Companies Act 2006.

2

the financial statements do not accord with those records; or

3

the financial statements do not comply with the accounting requirements of section 396 of the Companies Act 2006 other than any requirement that the financial statements give a true and fair view, which is not a matter considered as part of an independent examination; or

4

the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.

Mark Johnstone FCA

Argents Accountants Limited
15 Palace Street
NORWICH
Norfolk
NR3 1RT
United Kingdom
Dated: 10 December 2025
NORFOLK FAMILY HISTORY SOCIETY
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
- 9 -
Unrestricted
Endowment
Total
Unrestricted
Endowment
Total
funds
funds
funds
funds
2025
2025
2025
2024
2024
2024
Notes
£
£
£
£
£
£
Income from:
Donations and legacies
3
63,195
-
63,195
54,349
-
54,349
Charitable activities
4
113
-
113
93
-
93
Investments
5
5,489
-
5,489
4,904
-
4,904
Total income
68,797
-
68,797
59,346
-
59,346
Expenditure on:
Raising funds
6
18,693
1,514
20,207
17,309
1,514
18,823
Charitable activities
7
35,602
-
35,602
36,826
-
36,826
Total expenditure
54,295
1,514
55,809
54,135
1,514
55,649
Net gains/(losses) on investments
12
3,612
-
3,612
(474)
-
(474)
Net income/(expenditure) and movement in funds
18,114
(1,514)
16,600
4,737
(1,514)
3,223
Reconciliation of funds:
Fund balances at 1 April 2024
181,555
115,065
296,620
176,818
116,579
293,397
Fund balances at 31 March 2025
199,669
113,551
313,220
181,555
115,065
296,620

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

NORFOLK FAMILY HISTORY SOCIETY
BALANCE SHEET
AS AT 31 MARCH 2025
31 March 2025
- 10 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
14
170,026
160,114
Investments
15
97,297
93,684
267,323
253,798
Current assets
Debtors
16
6,768
7,322
Cash at bank and in hand
59,054
57,804
65,822
65,126
Creditors: amounts falling due within one year
17
(13,208)
(13,400)
Net current assets
52,614
51,726
Total assets less current liabilities
319,937
305,524
Creditors: amounts falling due after more than one year
18
(6,717)
(8,904)
Net assets
313,220
296,620
The funds of the charity
Endowment funds
19
113,551
115,065
Unrestricted funds
20
199,669
181,555
313,220
296,620

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2025.

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.

The financial statements were approved by the trustees on 15 October 2025
P Whiscombe
Trustee
Company registration number 03194731 (England and Wales)
NORFOLK FAMILY HISTORY SOCIETY
NOTES TO THE  FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 11 -
1
Accounting policies
Charity information

Norfolk Family History Society is a registered charity governed by its Memorandum and Articles of Association, a deed of trust, and constitutes a limited company, limited by guarantee as defined by the Companies Act 2006. The registered office is Kirby Hall, 70 St Giles Street, NORWICH, Norfolk, NR2 1LS, United Kingdom.

1.1
Accounting convention

The financial statements have been prepared in accordance with the charity's governing document, the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 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)". The charity 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, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. 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 trustees continue 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.

Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.
1.4
Income
Income is recognised when the charity 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.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
NORFOLK FAMILY HISTORY SOCIETY
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 12 -
1.5
Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

 

Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.

1.6
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold land and buildings
1% straight line
Property improvements
1% straight line
Plant and equipment
10% - 33% straight line
Website
33% straight line
Library stock
n/a

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.7
Fixed asset investments

Fixed asset investments are initially measured at transaction price excluding transaction costs, and are subsequently measured at fair value at each reporting date. Changes in fair value are recognised in net income/(expenditure) for the year. Transaction costs are expensed as incurred.

1.8
Impairment of fixed assets

At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

1.9
Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.10
Financial instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

 

Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.

 

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

NORFOLK FAMILY HISTORY SOCIETY
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 13 -
Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

 

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

 

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.

1.11
Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

 

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

2
Critical accounting estimates and judgements

In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

 

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

NORFOLK FAMILY HISTORY SOCIETY
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 14 -
3
Income from donations and legacies
Unrestricted
Unrestricted
funds
funds
2025
2024
£
£
Donations and gifts
19,656
4,264
Membership fees
43,539
50,085
63,195
54,349
4
Income from charitable activities
Unrestricted
Unrestricted
funds
funds
2025
2024
£
£
Sales of publications and souveneirs
Sale of goods
-
36
Other income
113
57
113
93
5

Investments

Unrestricted
Unrestricted
funds
funds
general
general
2025
2024
£
£
Interest and dividends
5,489
4,904
6
Expenditure on raising funds
Unrestricted
Endowment
Total
Unrestricted
Endowment
Total
funds
funds
funds
funds
2025
2025
2025
2024
2024
2024
£
£
£
£
£
£
Fundraising and publicity
Support costs
18,693
1,514
20,207
17,309
1,514
18,823
NORFOLK FAMILY HISTORY SOCIETY
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 15 -
7
Expenditure on charitable activities
Core activity
Core activity
2025
2024
£
£
Direct costs
Kirby Hall Expenditure
13,837
15,170
Postage and distrubution cost of Norfolk Ancestor
6,953
7,146
Publications costs of Norfolk Ancestor
6,433
6,682
Projects and Library
4,246
3,506
Bookstalls
-
6
Stationery and consumables for members
513
247
Subsciptions paid
951
960
Group meeting expenses
1,088
1,512
Insurance
1,581
1,597
35,602
36,826
Analysis by fund
Unrestricted funds
35,602
36,826
8
Support costs
Support costs
Governance costs
2025
Support costs
Governance costs
2024
£
£
£
£
£
£
Depreciation
6,112
-
6,112
4,172
-
4,172

Trustees' expenses

2,470
-
2,470
2,046
-
2,046

Telephone and broadband

1,980
-
1,980
1,812
-
1,812

Post and stationery

548
-
548
1,028
-
1,028

Computer costs

5,710
-
5,710
5,028
-
5,028

General administration

123
-
123
137
-
137

Volunteer expenses

683
-
683
961
-
961

Bank charges

1,257
-
1,257
2,336
-
2,336
Accountancy
-
1,324
1,324
-
1,303
1,303
18,883
1,324
20,207
17,520
1,303
18,823
Analysed between
Fundraising
18,883
1,324
20,207
17,520
1,303
18,823

Governance costs includes payments to the Accountants of £1,290 (2024- £1,290) for Independent Examination fees.

NORFOLK FAMILY HISTORY SOCIETY
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 16 -
9
Net movement in funds
2025
2024
£
£
The net movement in funds is stated after charging/(crediting):
Fees payable for the independent examination of the charity's financial statements
1,290
1,290
Depreciation of owned tangible fixed assets
6,112
4,172
10
Trustees

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

During the year 6 trustees were reimbursed for expenses totalling £2,470 (2024 : £2,046)

11
Related party transactions

There were no disclosable related party transactions during the year (2024 - none).

12
Gains and losses on investments
Unrestricted
Unrestricted
funds
funds
2025
2024
Gains/(losses) arising on:
£
£
Revaluation of investments
3,612
(474)
13
Taxation

The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.

NORFOLK FAMILY HISTORY SOCIETY
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 17 -
14
Tangible fixed assets
Freehold land and buildings
Property improvements
Plant and equipment
Website
Library stock
Total
£
£
£
£
£
£
Cost
At 1 April 2024
151,401
13,217
39,528
21,289
23,685
249,120
Additions
-
2,495
13,391
-
138
16,024
At 31 March 2025
151,401
15,712
52,919
21,289
23,823
265,144
Depreciation and impairment
At 1 April 2024
36,336
1,273
34,188
17,209
-
89,006
Depreciation charged in the year
1,514
142
4,456
-
-
6,112
At 31 March 2025
37,850
1,415
38,644
17,209
-
95,118
Carrying amount
At 31 March 2025
113,551
14,297
14,275
4,080
23,823
170,026
At 31 March 2024
115,065
11,944
5,340
4,080
23,685
160,114
15
Fixed asset investments
Listed investments
£
Cost or valuation
At 1 April 2024
93,684
Valuation changes
3,613
At 31 March 2025
97,297
Carrying amount
At 31 March 2025
97,297
At 31 March 2024
93,684
16
Debtors
2025
2024
Amounts falling due within one year:
£
£
Other debtors
2,857
2,857
Prepayments and accrued income
3,911
4,465
6,768
7,322
NORFOLK FAMILY HISTORY SOCIETY
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 18 -
17
Creditors: amounts falling due within one year
2025
2024
£
£
Other creditors
11,276
11,468
Accruals and deferred income
1,932
1,932
13,208
13,400
18
Creditors: amounts falling due after more than one year
2025
2024
£
£
Other creditors
6,717
8,904
19
Endowment funds

Endowment funds represent assets which must be held permanently by the charity. Income arising on the endowment funds can be used in accordance with the objects of the charity and is included as unrestricted income. Any capital gains or losses arising on the assets form part of the fund.

At 1 April 2024
Resources expended
At 31 March 2025
£
£
£
Permanent endowments
Kirby Hall
115,065
(1,514)
113,551
Previous year:
At 1 April 2023
Resources expended
At 31 March 2024
£
£
£
Permanent endowments
Kirby Hall
116,579
(1,514)
115,065
NORFOLK FAMILY HISTORY SOCIETY
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 19 -
20
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 April 2024
Incoming resources
Resources expended
Gains and losses
At 31 March 2025
£
£
£
£
£
Kirby Hall designated fund
147,687
5,184
(132)
3,612
156,351
General funds
33,868
63,613
(54,163)
-
43,318
181,555
68,797
(54,295)
3,612
199,669
Previous year:
At 1 April 2023
Incoming resources
Resources expended
Gains and losses
At 31 March 2024
£
£
£
£
£
Kirby Hall designated fund
143,797
4,496
(132)
(474)
147,687
General funds
33,021
54,850
(54,003)
-
33,868
176,818
59,346
(54,135)
(474)
181,555
NORFOLK FAMILY HISTORY SOCIETY
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 20 -
21
Analysis of net assets between funds
Unrestricted funds
Designated funds
Endowment funds
Total
Unrestricted funds
Endowment funds
Total
2025
2025
2025
2025
2024
2024
2024
£
£
£
£
£
£
£
Fund balances at 31 March 2025 are represented by:
Tangible assets
56,475
-
113,551
170,026
45,049
115,065
160,114
Investments
97,297
-
-
97,297
93,684
-
93,684
Current assets/(liabilities)
52,614
-
-
52,614
51,726
-
51,726
Long term liabilities
(6,717)
-
-
(6,717)
(8,904)
-
(8,904)
199,669
-
113,551
313,220
181,555
115,065
296,620
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