Charity Registration No. 1001560 Company Registration 02564153 (Ellglalld and Waks) ort of the Trustees and Unaudited Financial Statements for the Year Ended 31 December 2024 for ton To and Model Museum
BRIGITfoN TOY AND MODEL MUSEUM The DirectorJ of the Company who were In office during the year and up to the dats of signing the (Inan¢ial statements were: Dirtttors Christopher Littlle Victor Michel (chairnwi) Anthony Capo-Bianco Alan Pett Hugo Marsh Peter Bryant Lord Faulkner of Worc¢ster Glenn Butler Nicholas Oddy Richard Vernon Nicholas Mosley Tnistees Christopher Littledale Anthony CwBianco Alan Pett Victor Michel (Chaimian) Hugo Marsh Peter Bryant Lord Faulkner of Worc¢ster Glenn Butler Nichol&s Oddy Richard Vernon Nicholas Mosley Cbarity number 1001560 Company number 02564153 PTincipal addre8S 52-55 Trnfalgar Strt Brighton E&st Sussex BNI 4EB Aecountants John Tuffin & Co 12113 Ship Street Brighton East Sussex BNI IAD
BRIGITfoN TOY AND MODEL MUSEUM CONTENTS Page Trustees Annual Report (TAR) 3-12 Independent Examiner's Report 13-14 Statemcnt of fmanclal activities 15 Balan¢e Sheet 16 Notes to the accounts 17-22
Trustees, Annual Report for the period From 0110112024 to 31112/2024 Charity Dame: Brighton Toy & Model Museun) Cbarity registration Dumber: 1001560 Ob'eetives and Activities Objectives of the Charity Brighton Toy and Model Museum exhibits, preserves and cares for important mod¢ls and toys from th¢ last thr¢¢ centuries. It makes thcm available for viewing by schools and the public, inspiring and educating people of all ages. Maln aetivities of the Charity in relation to those purpo8e8 for the public benefit The trustees have had regard to the guidance issued by the CIwAty Conunission on public benefit. The Museum cares for about 15.000 objects, of which approximately two-thirds are on display. It holds about I 1.000 objects owned by or pemLqnently loaned to the Littledale-Brough Tn (Collections Trust) on perniancnt long-trn loan to the Museum. These comprise Railway, aircraft, ships, road vehicles, dolls, houses & furniture, puppets, construction sets, Meccano, lead figures, models, kitchen stoves and accessories. The Museum also displays and cares for collections of SIlficant international importance which are on loan to the Museum. It makes them accessible to the public whilst ensuring their care and preservation in accordance with museum accreditation standards of SPECTRUM. Specialist conserrntion work is undertaken as necessary on the silficant models in the collection ensuring their preservation and enhancing their display. In additio the Museum follows good envimnmentsl control monitoriDg and procedures in OrdanCe with Museum accreditation standards. The Museum is open to the public for five days a week. including Saturdays, throughout the year. It also opens occasionally on Sundays for public workshops arAd cvcnts and occasionally on Mondays for events, groups and tours. It is accessible for wheelchair users and welcomes people with varying social or physical needs. It off¢TS trails, qui72es and guided tours to help infornj and inspire visitOTS. Quizzes and trails for younger visitors are available in Frenc Italian, Spanish and Gennan as well as English, ¢ncouraging foreign visitors to engage more closely with objects on display. A professional guid¢book with high quality images is available to buy and provides visitors with a great souvenir of their visit. Th¢re is also an audio guide which highlights the back stori¢s to a range of iten]s in the collection. The Museum providcs a varied school programmc to fit in with the School Curriculum. The Museum welcomes visits from schools all over Southern England as well as from further aficld and also international wups or schools. Public family workshops and other community events are offered by the Museum to inspire visitors and increase awaren¢ss and access of the collections and the Museum.
Polley on social investment ineluding programme related investment Th¢ Museum involves itself to a high degree with other agencies to improve the streetscape and museum entrance. The Museum was an official Visit Brighton Inforn]ation Point until recent years when Brighton City Council ma(k cuts to the service, no longer providing leafiets and dispensers to lack of fimds and instead concentrating on promoting Brighton outsid¢ of the city to attract visitors. The Museum however rnBnaged to retain the Visitor I]rforn]ation Point sign and continues to offer tourist inforn]at1o and encourage the development of a Cultural route from Brigbton Railway Station to the Royal Pavilion. The Museum is also leading on the Trafalgar Street ProjecL a project to regenerate Trafalgar StreeL improving visitors, first impression of Bright0 enwuraging pwpl¢ from Brighton station to access the North Laine are supporting local independent ttaders in our community. Contribution made by volunteers The Museum relies on volunteers to help nm the museum and ensure that it opens 37 hours a w¢¢k. Volunteers work on a variety of jobs such as the till, marketing. &ssisting with public events and shop sales. In addition, some volunteers wod( on specific museum projects such as Inv¢ntory documentation work and obj¢¢t research. DurAng the year there were 20 volunteers in the Museum contributing approximately 100 hours of time a week. They comprise volwiteer8 students looking for work experience and people working part-time looking for jobs in the sector. Seven of these were new volunteers showing that the Museum continues to attract and also retain its volunteers. Brexit how¢ver continues to impact on our offer of internships to European students due to the probibitive costs involved in sponsoring the interns. The Museum works with s¢v¢ral organisations including the Community Base and Universities to attract new volunteers. Sponsors The Museum has s¢veral sponsors who Contribufr financially or with services to help the museum. Achievements and Performance Visitor admissions The museum perfonned strongly during 2024 and as in previous years, exceeded expectation4 attracting a record number of visitors. In total, almost 17,000 visitors (excluding school groups and those attending an ¢veniDg ¢v¢nt) came to the museum during the year compared to the previous highest number recorded of16,000 in 2023. This suggests that the museurn continues to be seen as a very engaging plac¢ to visit with something to offer all generations of families. The draw of popular new exhibits such as the Peel P50 car accounted for significant peaks in vxsitor admi&sions when first displayed. Th¢ numb¢r of OAP and Adult ticket sales increased significandy in 2024 compared to 2023 by 15Q/o and 140/0 respectively. Family ticket sales increased marginally by l % and th¢ number of child ticket sales decreased by 30/0, which in part reflected the very high level of child tickets sold in 2023 as all visitor categories had increased on 2022 numbers. Adults and family members make up 700/0 of the annual visitor numbers. in keeping with previous year& OAPS comprise 17Q/o and cl]ildren comprise 130/0. Events and Activities ill the museum. The Mus¢um was busy with evcnts spread out thmughout the year. In line with previous y&ars, th¢ Museum h¢ld two trdill nlllnl days during the year. in March and October. Ivhile ticket sales for March were lower than in 2023, the train n]nni days was still very well attended, attracting in totsl 364 visitors, an incr¢ of 5 % on 2022.
The Museum continued to build its reputation for being part of local cultural festivals. During Brighton Fringe the Museum was used as a venue over several days by four different acts. Through trial and error. the Museum has found the shows which attract most people are those Twhich are family orientated or benefit from being in the museum setting. The Museum continued to be a venue for Sofar Sounds concerts with three events held during the year. One of the was for World Hearing Day in parthership with Mumbli. a Hearing Wellness Company. The Museum ran its first F¢stive Fair, including Santa's Grotto in mid-D¢c¢mber. Th¢ Fair coincided with the local Artist Open House event and included 13 artists selling their crafts on stalls throughout the museum. Father Christm&8 was well attended with all 50 spaces booked. The Museum also continues tying to promote itself as a venue for hire for corwrate and special celebrations and was chosen as a venu¢ for a local resident's 60th birthday paty. PublRC Ellgagement Several tours were given throughout th¢ year, raising the profile of th¢ Museum amongst different audiences. Tours continue to be popular with speci81 interest groups including locat U3A groups, Burgess Hill Lions (who also gave £2k towards the TSP) &8 well as Limitless Travel, a company wbich works with people with disabilities. In June the Museum was invited to take part in the Charity Open Day on Pavilion Gardens for the third year alongside other popular local charities. The Museum also took part in the national Heritage Open Days event in S¢pt¢mber both tours b¢ing sold out. Th¢ Museum tour received lots of social media publicity &8 one of the key events they publicised. The Museum organised its third annual free open afternoon for North Laine Residents and plays a lead role in the Trafalgar Street Project. involving local traders and r¢sid¢nts in th¢ area. This open day event attracts increasing numbers of local residents each year so looks to b¢com¢ a regular f¢atUT¢ of th¢ Mus¢um's calendar. The North Lain¢ Community Association has expressed its gratitude to the Museum for organising this event and fostering clos¢r links with local r¢sid¢nts. In March the Museum hosted a 'Meet the Edxtor, Event, a bvsiness networking event offering the opportunity to meet the Argus editor wbich was well attended by local business people. The Geneal Manager (GM) also became an active member of the Community Rail Steering Committee and the Museum hosted one of their regular meetings in the Museum. The Museum also hosted a coffee morning for Brighton Pas( a facebook group with 68,500 followers Other collaborations entered into by the GM included Komedia Productions in Decllber to help promote their family friendly Chrisknas Show, as well as collaborations with the Loneliness Charity 'Together Co. and the Pocklington TrusL a charity for the VAsually impaired. She also led tours of children from the Extra Time ProjecL a respite project for KS 3 children helping them to remain in mainstream education. Media and Television During the year, as a result of the display of the P¢¢1 P50, the Museum was featured on BBC South East Today, BBC Breakfast National and BBC Radio Susscx. In July. th¢ Director appeared on TV Meridian to talk about the dAsplay of Meccano boxes. The Museum continues to maintain a high profile and support from BBC rndio Sussex and the local Argus newspaper. The GM featured on a double page spread in the Argus about the Trafalgar Street Regeneration Project in December 2024. During the year, the Museum also featured in a Caravan and Camping Club article promoting the Museum as a place to visit.
Th¢ Museum also continues to have a strong social media presence across some of the most )pular platforn]s such as FacebooL tnstagram and TwitterlK sl)aring stories and ]nforntiOn about th¢ collection and ¢vents in the museum. The Brighton Toy and Model Index which is the Museum's online toy encyclopaedia ontinu¢s to grow and at th¢ dat¢ of this report has 9,941 pages and 12,078 images. Over 108,000 users accessed this database in 2024 with 570/0 of these accessing the site from the UK. Sitc visitors from a totsl of 98 countries accessed the pages, primarily from English- speaking countries and Europe but also from countries from as far afield as Jap South Afric Russia and Uzbekistan. Exhibitions In March 2024, the Peel P50 car, the world's smallest production car, was loaned to the Museum for display in the Museum Lobby. In April 2024, a large collection of Budgie diecasts was loaned by one of the Trustees to the Museum, many of which were immediately put on display. complementing the other cabinet of Budgie mod¢ls already exl]ibited in the Museum. The same Trustee also loaned a small collection of Mechanics Mad¢ Easy Tins, wbich were put on display in the Meccano cabinet in May 2024. In late December the Museum removed a large coll¢ctiOD of Hornby and Hornby Dublo from two large display cabinets in preparntion for return to the lender. New displays for these cabinets were curated and put on show in early 2025. EdueAtion Programme The revised education offer comprises three workshops linked to the National Curriculum on Toys Through the Ages which explores timeline% the materials toys are made from and Iww they move. This is designed for Early Years, Key Stage l and Key Stage 2. There is also a STEM workshop for older Key Stage 2 children called 'Real Life Mad¢ Miniature, looking at and exploring simple scientific forces to understand what makes things move. A new literY story telling workshop is now off¢red in the afternoons to encourage schools to pay to stsy for the day. Based on the Five Fingers of Storytelling, children explore the collection to bring their favourite characters to life in a story. Scssions ar¢ d¢liv¢r¢d by th¢ G¢nwal Manager and Assistant Manager. In total 31 schools visited the Museum in 2024 with some of the larger schools bringing more than one class and visiting over several days. As the ¢du¢&ion worksbops are delivered by ontracted museum staff there is increased flexibility to accept visits of smaller groups from private and Special Needs schools. The workshops are continuing to get Cxcellent f¢¢dback from teach¢rs and the additional storytelling workshop in the afternoon has resulted in an increased number of schools stayin8 for th¢ day. In total 1093 h0o1 children accompanied by approximately 218 support staff visited the Museum during the year. As in previous years. whilst most schools coming to the Museum were based in Bright0 East and W¢st Susse some cam¢ from as far as Sury and Kent. In 2024 the location of schools visiting the Museum comprised: Brighton area- 9 East Sussex - 9 West Sussex- l O Surrey - 2 Kent-l
2024 Updates and improvements March - December Pcel P50 car loaned to the meum and put on display until 2025 April Loan of Budgie Collcctlon and put on display Mechanics Made FASY Tins loaned and put on display Purchase of Biscuit Tin Collection Jun¢ Redisplay of the Minic Ships cabinet July Redisplay of th¢ Biscuit Tin Collection December Se&80nal snowy L¢go display Three Astra satellit¢ contrnctor models W¢T¢ donated and put on display with Concorde r¢displayed alongside. Acquisitions During the year the Littledale Brough Trust purchased the Marsh H2 Atlantic Southern Railway 'The Needles,. as well as an LBSCR H2 Atlantic. These have been placed on display on the Museum layout. The Biscuit Tin coll¢ction9 previously on lo was pllrchas by the Peter Dunk Men]orÉal Trust in May 2024, ensuring its continued display in the Museum. A large collection of Paddington bears and Paddington related ephemera was donated to the Mseum in December 2024. and put on display in early 2025. Maintenance projeets The Museum continues to make significant improvements to the underpass by painting over the tagging and grnffiti as soon as it appears. This has proved a major deterrent as fewer incidents occur. The GM was given the award of Community MindeAI Manager by the North Laine Residents in recognition of her and the Museum's LX)ntrAbution to maintaining and improving the appearance ofthe underpass and creating an annual open day for local residents. During the year work continued in the Museum's m¢z7anine storage are4 creating efficient storage racking for commission aad donation sales. In additio work started on the refit of the GM'S office, removing very old carFt. Staff continue to monitor the water ingress, an ongoing problem in the Museum. especially durAng periods of heavy rainfall. The floor and walls of the female toilets were painted during the year. but it is difficult to keep the area looking w¢ll-Inaintained due to the constant challenge of water ingress. In addition the area around the Emergency exit and Front Entrance
were cleaned and paints and the external Murnl was atso ¢leane(I givillg a fresher external appearance to the Mus¢um. Museum D]anagement The Museum staff currently comprises three full-time salaried staff of a General Manager, Assistant Manager and Digital Manager as well as a part tin Financ¢ Manager who also works as Collections Management Officer on a temporary basis until the Museum's Documentation project is complete. Aecredltatlon and Collections work The Museum continued its work on its Inventory documentation project using the digital catsloguing system eHive. Volunteers and two members of staff have worked hard to clear backlogs, documenting and phOtophing objects on display and in stores. The recruitment of an intern using grant money from November 2023 to Febnw 2024 enabled a start in the cataloguing of objects in the stores. As at the date of this report the Museum has catslogued and photographed approximately 5,400 objects including 900 objects in stores to SPECTRUM standards, representing approximatcly 500/0 of all objects. Objects in stores have been repacked and sorted as part of this ongoing projec( ensuring a more efficient use of spacc. There is now greater control over any incomlng objects which ar¢ catslogued on a timely basis. as well as over any movements of objects, thereby reducing the risk of future inventory backlogs. The Museum is currently reviewing Loan Agreements to ensure these are up to date. tn additio Staff responded to public enquiries and enhanced the quality of displays and interpretation. The online infornmtion database continues to grow enhancing the Museum's global replltatio encouraging visitors, and supporting the Museum's educational outreach. Trafa r Street Pro"eet The Museum continued to promote its fundraising campaign for the Trafalgar Street Regeneration Project, During the year it ran two Crowdfunder CampaIS and continued with its ongoing JustGiving page. The retsil stock developed for the Project has proved popular, esplalIY the £5 supporters, badges. Other retsil stock includes commeÉnorative nameplates or plaques sold in the museum shop as well as Sponsorship plaques of the Top Ten treasures. So far the Museum has sold 13 plaques out of a total of100 and 3 of the Top Ten treasures. In addition the Museum continued to benefit from two fimdraising Cocktail and Canape events in 2024 organised by BITE Sussex in collaboration with various cocktail bars and stsurants. The need for furtber fundraising and ongoing discussions about the scope of th¢ PrOjt prevented the Muum from cornmencing work on the Trafalgar Street Regeneration Project in 2024. Planning Consent ran out in September 2024 and the Museutn r¢appli¢d for it successfully but this all took a while. As at the date of this report. the Museum is planning on ¢ommencing work on The Trafalgar Street Project in Summer 2025, WAth a r¢vis¢d scope comprising the Main Entrance, lighting, signage and CCTV in order to kcep within an affordable budget. It is hoped that the works on Arch 4 will take place at later stag¢. Financial Review Review of the Charity'8 financial position at the end of tbe period Th¢ Museum continues to maintain a strong financial position and over the years has managed to build up healthy reserves due to careful monitoring of costs aud gcncrous donations and sponsorship. In 2024, the Museum recorded an overall profit for the year of £3.708. Of this profit, £7,551 related to r¢strict¢d funds with the Museum recording a small net loss of £3.843 for its own activity and unrestricted funds.
The record number of visitors that the Museum continued to attract throughout the year, r¢sulted in admissions income of £98.5k compaTed to £89k in 2023. Gift aid claimed on admissions amounted to £7,476 and provided a valuable additional sourc¢ of funds. As in 2023, admissions income and its related gift aid in 2024 amounted to 500/0 of the Museum's total unrestricted income. Income from education was significantly up on the previo year and the Museum also benefitted from the high interest rates available on its cash res¢rv¢s. Museum- related income streams such as education and events represented 60/0 of to income utwestricted income. retail sales amounted to 8Q/o and bank interest represented 4.5 %. Museum continued to receive and rely on generous donations and sponsorship during the year which, with related gift aid, accounted for 301)/o of its total unrestricted income. Most museum expenditurc relates to statr]ng costs, renL and specific museum project costs. Ivhilst opernting costs were well-controlled, th¢ Museum experienced unavoidable rises in premise costs of over l OQ/o from th¢ prior y&qr, primarily due to increased insurance premiums and electricity bills. At the same time. office and general staff costs were kept 10-150/0 below previous years due to careful budgding. Restsicted income relat¢s primarily to money that has been donated to the Museum for specific purposes. These include Trustee donations made to the Management Fund of £2.186 with related gift aid of £552, as well as two grants, one fimded by Art Fund for the purposes of employing an Intn. the other flmded by the Museum Dev¢lopment South East for the purchase of a Digltal Collection Plate. These have been matched to related expenditur¢. In addition the Museum received restricted income of £17,493 for the Trafalgar Street Regeneration Project in th¢ year from donations, fundraising events and sales. The Charity's prineipal sources of funds The Museum's principal sources of funds nonnally comprAse visitor admission fees. retsil sales in the mus¢um shop, income from events and education workshops as well as donations and sponsorship. A major benefactor continues to give his full support to the MUS its paid staff. and museum projects. The Museum claims gift aid on gift-aided admissions and donations as appropriate which also brings in important income. The policy for holding reserves The Museum maintains a healthy balance in resVeS An order to ensure its financial sustainability. In the event of a significant drop in funding, it will become necessary to secure more private and commercial sponsors and make changes to the Museum's activities including extending the museum's public opening hours and fi]rther reviewing admission ticket prices and workshop events. Th¢ Museum will continue to seek private funding from collectors and supporters th¢ world over. The Muscum holds reserves as at 31/12/2024 of £253,428 (2023: £249.720). Includ¢d in the Museum reserves as at year end is a restricted amount of £19,812 to be used solely for the Trafalgar Street Regeneration Project. The Trustees do not consider that the mellM faces any risk as a going concern. Structure Governance and Mana ement Descri tion of chari ove document How is the chari constituted? Tt¢C s¢l¢ction methods Trust dee( Memorandum and Articles of Association Limited com Trustees are s¢lt¢d through proposal aod agreement b the cbainnan and trustees
The charity's organisational structhre and any wider network with which the charity works Th¢ Museum is a full member of the Sussex Museums GTOUP which includes over 45 private and local authority museums in Bright0 East and West Sussex. The Museum is also a member of AI the Association of Independent Museums. As an accredited rnuse the Museum keeps up to date with Accreditation rquiremen submitting the Accreditstion Return to Arts Council England when iequired. The Museum is closely linked to and b¢n¢fits from the Littledale-Brough Trust which holds about 11,000 objects owned by or pennanently loaned to th¢ Littledale-Brough Trust representing approximately 75 % of the objects Currently available to the Museum. Christopher Littledale who founded the Trust with Derek Brough is also the founder of the MSeum and is currently both Director of the Museum and Chairn]an of the Littledale-Brough Trust. Many of the other Trustees of the Museum are also Trustses of the Littlcdale-Brough Tnjst. The Museum is also closely linked to th¢ Peter Dunk Memorial Tn( a company that s¢t up in 2022 with a bequest of money from Peter DunL with the stipulation that it be used as a collections fund for the Museum. Five of the Directors of th¢ Peter Dunk Memorial Trust arc also TnLStees of the Brighton Toy and Mod¢l Museum. Reference and Administrative details Charlty name Other name the charity uses Registered charity number Charity's principal address Brighton Toy and Model Museum 1001560 52-55 Trafalgar Street Bright0 East Sussex BNI 4EB
Names of the tharity trustees who manage the ebarity, and are also directors of the company Name of person (or body) entitled to appoint trustee (if an Trnstee name Office (if any) Dates acted rf not for whole year Christo her Littledale Foundermirector Chairnian Victor Michel Alan Pett o Marsh Trustee Trustee Anthon -Bianco Trustee Trustee Truste¢ Pcter B ant Neil Bennett Lord Faulkner of Worcester Resigned 1011012024 Trustee Glenn Butler 10 Nicholas Odd Trustee Appointed 111712024 Resi ed 141612025 Appointed 241212025 Appointed 24/212025 11 Victoria Kin Richard Vernon Nicholas Mosl Trustee 12 TThte¢ 13 Trustee Name of trust¢¢s holding title to propety belonging to the c]Jarity Trnstee name Dates acted if not for iYbol¢ ear Funds held as eustodlan trustees on behalf of others Description of the assets held in this capacity NIA Name and objects of the charity on whose behalf the &ss¢ts are held and how this falls within the Cstodian cljarity's objects NIA Detsils of arrangements for safe custody and s¢gregation of such assets from the charity's own asset NIA Exemptions from disclosure Reason for non-disclosur¢ of ke ersonnel details
Other o tional information Declarations The trnstees declare that they have approved the trust¢&s' report above. Signed on behalf of the eharity's trustees sIgtUre(S) Full ]vame(s) Position (e.& Secretary* Chair, etc) Date -oL-ZS 12
I CHARITY COMMISSION FOR ENGLANO ANO WALES Independent examlnerfs report on the accounts Section A Independent Examiner's Re ort Report to the trusteesl membor8 of Brighton Toy and Model Museum On accounts for the year ended 3111212024 Charity no (if any) 1001560 Set out on pages I report to the trustees on my examination of the accounts of the above charity {he Trust.) for the year ended Re8pon8ibiliti08 and ba818 of report As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (Ihe ACV). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5){b) of the Act. Independent examinerfs I have completed my exarnination. I confim that no material matters statement have come to my attention in connection with the examination which gives me cause to believe that in, any material respect.. the accounting records were not kept in accordance with section 130 of the Charities Act; or the accounts did not accord with the accounting records: or the accounts did not comply with the applicable requirements concerning the fonm and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair, view which is not a matter considered as part of an independent examination. I have no concems 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 understsnding of the accounts to be reached. Signed: 241611ts Name: Relevant professional qualificatson(s) or body (If any): 13
Address: & LLOVQ (Iofrf) c. gussE% 6frJL . SL'Ction B DisLlosure Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). Give here brief details of any ltsms that the examiner w18hes to dl8close. 14
BRIGHTON TOY AND MODEL MUSEUM STATEMENT OF FINANCIAL ACTIVTrJis INCLIJDING INCOME AND EXPEIYDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2024 Uurertricted funds Restri¢ted funds Total 2024 Total 2023 Inc min resou Incoming resources from generated funds Voluntary income Notes 52,000 14,705 66.705 64,343 Activities for generating funds Incoming resources from Charitable aetivitse8 16.980 5,917 22,897 20,908 141998 143 567 124 321 Totsl incoming resources 210,978 22,191 233,169 209,572 Resources ex nded Costs of generating fund$ Costs of g¢n¢rating voluntary incomc Funthaisin8 tradin& costs of goods sold 25,999 774 26,773 12,591 IlJ91 1,091 12,482 7.751 Cbarilable activities 139,033 11,954 150,987 230.940 G0Vennce costs 38,398 821 39,219 37,671 Totsl resour¢es expended 214021 14ffj40 229A61 288,953 Net incoming resources for the yearl Iyet movement ill funds (3W3) 71 3,708 (79J81) Fund balances at l January 2024 237,459 12261 249.720 329,101 Fund balances at 31 December 2024 233ffj16 19012 253,428 249,720 Th¢ ststement of financial activities also complies WAth the requirements for an income and expenditur¢ aOUnt under the Companies Act 2006. 15
BRIGHTON TOY AND MODEL MUSEUM BALANCE SHEET AS AT 31 DECEMBER 2024 2024 2023 Notes Fixed assets Tangible &ssets Current &8sets Stocks Cash at bank and in hand Debtors ioaio 13.859 7,077 233,017 241,741 255,177 247.398 Creditors: amounts falling due within one year 59 Net current assets 243,118 235.861 Total assets le&$ current liabilitie8 253A28 249,720 CTeditOTS: amounts falling due after one year Total &%8ets/Oiabfilitles) Income Funds UnTestricted funds 12 233.616 237,459 Restrict funds 12 19.812 12261 Total Funds 253A28 249 720 The financial statements have beenprepared in accordance with the 4)ecial provisions of Part 15 ofthe Companies Act 2006 relating to sma]I companies and with the Finan¢ial Reportllig Standards for Smaller Entities (Effe¢tive April 2008). The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies A¢t 2006, for the year ended 31 December 2024. No member of the conu)any bas dwsited a notice, pursuant to section 476, Tequiring an audit of these accounts. Dir¢¢tors' responsibilities: the members have not required the company to obtain an audit of its accounts for the year in question in aceordance with section 476, the directors kllowkdge their responMI)ilitses for comptying with the requirements of the Act with respect to ac¢ounting records and the preparation of accounts, these accounts have been prepared in accordan¢e with the provisions applicable to mpanies subjert to the small companies. regime. The fthancial sL1tements were approved by the Board of Tntstees on 24 June 2025 and were signed on its behalf CRC Li e- Director 16
BRIGHTON TOY AND MODEL MUSEUM NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024 l. Aecounting policies 1.1 Basis of preparatiou The financial statements have been prepad under th¢ historical cost Convention. The fmancial stat¢m¢nts have been prepared in accordance with Accounting and Reporting ty Charities: Ststement of Recommcnded Practice applicable IA) charities preparin8 their accounts in accordance with the Financial Reporting Standard applicable in th¢ UK and Kepublic of Ireland (FRS 102) (effective l January 2015) - (Charities SORP IFRS 102)), the Financial Rep)rting Standard applicable in the UK and RepublAC of Ireland (FRS 102) and the CompanAes Act 2006. 1.2 1Dcomlng resources Donations, grants and other fornis of voluntary income are recOlSed as incoming reSoUrS when receivable. except insofar as they a incapable of fllwicial measurement. Activities for gcnerating funds represent in¢om¢ from sales of goods and are r¢cognised wh¢n re¢eAvable. Income from charitable activities is accounted for when earned. Incoming resources from grants, where relatcd to perforniance and specific deliverables. are accounted for as the cbarity earns the right to Consideration by its perforniance. IJ Resources expended Expenditure is recognised on an accrual basis as a liability is incurred. Costs of geneTatAng funds comprise th¢ costs associated with attracting voluntary income and the costs of trading within the museum's shop. Charitable expenditur¢ comprises those costs incurred by the charity in the delivery of its activities and services for its benefAciaries. It includes both costs that Can be all(ted directly to such activities and those costs of an indirect nature necessary to support them. Governance costs include those costs associated with meeting the constitutional and strategic requirements of the charity and include the audit fees and costs linked to the strategic managcment of the charity. 1.4 Tangibk fixed assets Tangible fixed assets are stated at cost18 depreciatlon. Depwiation is provided at ratss calculated to write off the cost less estimated residual value of each asset over its expected useful life as follows. Short leasehold Plant and machinery FiXtuS and fittings - in a¢cordaDce wlth the property - 250/0 on reducing balance - 151/)t) on reducing balance 1.5 Stocks Stock is valued at the lower of cost and net Tealisable value, aft¢rmaking due allowance forobsolete and slow moving items. 17
BRIGKTON TOY AND MODEL MUSEUM NOTES TO THE ACCOtJNrs (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 2. Voluntary Income Unrestricted Restricted Funds funds Total 2024 2023 DonatiOJL8 and grants 14,705 66,705 64.343 Donations and grants UnT¢stri¢ted funds: Donations and grants 52,360 Restricted funds Donations (<£5,000) 14,705 3. Aclivilles for generntiDg funds Unregtricted Restrided Funds funds Total 2024 Total 2023 Activities for generating fidS 16,980 5.917 22,897 20,908 FundTaising trading: costs of goods sold 7,751 Net Activities for g¢n¢rating funds 5.589 4,826 10.415 18
BRIGHTON TOY AND MODEL MUSEIJM NOTES TO THE ACCOUNIS (CONTllYIJED) FOR THE YEAR EIqDED 31 DECEMBER 2024 Totsl resources expended Staff Depr¢¢iit•oll Premim Prnj¢cts Other costs Totsl 2024 Total 2023 Costs of geuerating funds Costs of generating voluntary income Fundraising trading: costs of goods sold 24290 560 1,923 26,773 12,591 6,072 1.404 1,064 3.942 12.482 7.751 30J62 1.404 1,624 5,865 39335 20,342 Charitabk activities Museum facility Education 49,991 12,145 3.549 41,909 26,120 17273 138042 222.293 12.145 8,647 Governanee 30,362 8,857 39219 37,671 122,860 3,549 43J13 27,744 31.995 229A61 288,953 5. Net Incoming Resources for the Year This is stated after cbarging: 2024 2023 Depreciation Auditor's remuneration 3549 3,990 19
BRIGITfoN TOY AND MODEL MUSEUM NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 DEcEIBER 2024 6. Employe04 Number of employees The average monthly number of employees during the y¢ar was: 2024 2023 Number Number Employment costs 2024 2023 Wages and salaries Social security costs Pension costs 115.151 5.686 2,023 122,860 98.355 3225 1,963 103,543 Pension contributions are made under a defined contribution scheme. 7. Tangibk Fixed Assets Iu8ehold Plant and maehinery Fixtures and fittings Tolal COST At l January 2024 Additions in the year And 31 De¢¢mber 2024 IOJ16 13,040 42,681 lo16 13 42,681 66237 DEPRECIATION At l January 2024 Charge for year At 31 Dernber 2024 9,012 IJ04 11,057 32J09 52J78 IOJ16 IlJ46 33065 55,927 IYET BOOK VALIJE At 31 December 2024 IA94 8016 ioJio At 31 December 2023 1,504 1,983 10,372 13,859 20
BRIGITTON TOY AM) MODEL MUSEUM NOTES TO ACCOUNTS (coiYfINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 8. Debtors 2024 2023 Other debtors Accrued income Sa69 2J13 04 Credltorj: amounts falling due within one year 2024 2023 Other Creditors and accruals Prepaid income IlJ18 741 9,628 10. Trxn8a¢tiOll8 wlth related PArties As at 31 Ikcember 2024 an amount of £1,085 was owed to the charity by Littledale Brough Trust (2023: £nil). Small amounts (<£700 each) have been donated to the charity by 4 trustees during the year for the purpose of funding W costs and to fund conservation works on items in the collection. During the year a trnste4 received payments totslling £4,750 for specialised Conservation work on exhibits and items in the collection. 11. Movements In Fund$ The income funds of the charlty include a number of restricted fimds, ¢omprAsAng the following balances of donations held for a specific purpose Restrlcted funib Balance at I IncomlDg Outgolng BalaDee at 31 January 2024 resources resources Deeember 2024 Management Fund Trafalgar Street Project First St¢ps Grant Income Generation Grant 2,738 17.493 1,460 500 2,738 9,942 1.460 500 12261 19,812 21
BIUGHTON TOY AND MODEL MUSEUM NOTES TO THE ACCOUTh (CONTllYUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Purposes of Restrieted fuDd8 Management Fund Trustees and other individuals Closely associated with the charity donated money to the Management which was set up in 2009 to help pay the salary of the Museum General Manager . Trafalgar Street Project The Museum is fidraISing for the Trafalgar st¢t Regeneration Projecl a project led by the Museum. This involves a change to the fapde of the Museum, additional ligbting and improved security to regenerate the underpass from the station to act as a gateway to the North Laines. In addition to donations and grants received, the Museum held two crowdfunding campaigns during the year as w¢ll as funthzising events. The Museum h&$ also designed specAfic retail stock items for sale and sponsorship with proceeds going to the Trafalgar Str¢¢t ProjccL This project is still ongoing. FArst Steps Grant The Museum e1Ved a grant from Art Fund dwing 2023 spe¢ific&lly to pay the salary of a documentation intern from November 2023 to February 2024 as well as supplies needed for the Museum'$ documentation projecL The wt funding w&8 used as planned during the year, tncome Generation Grant The MSeUm received a grant of £500 from Museum Development South East in October to purchase a Digital Collections Plate to facilitate caTd donations from visitors in the Museum. 12. Analysis of net asjets between fund8 Unrestric*d Restricted Total fuJJds funds Tangible fix assets Current assets Creditors: amounts falling within one 10.310 235J65 10,310 19.812 255,177 (12,059) Creditors: amounts falling due after one (12,059) 233 616 19 812 253 428 22