2020-12-31-accounts

				Page
Reference and administrative			details
Chair's report
Trustees' report
Independent examiner's report				12
Statement offinancial		activities		13
Balance sheet
Principal accounting	policies			16-20
Notes to the financial		statements		16-30

Trustees				KAdams
				P R Craddock
				T G Grimwade
				N A Mansell
				M P Nolan
				D BSkelley
Secretary				M P Nolan
Advisors				Ed Bazalgette
				Julia Elton
Charity registered			number	1003287
Company	Number			02488877
Accredited		Museum		1961
Registered		office		Brunel Engine House, Ra i Iway Ave nu e
				London
				SE164LF
Independent		Examiner		Azets 2nd Floor, Regis House,
				45 King William Street,
				London, EC4R 9AN
Chartered	Accountants			Buzzacott LLP
				130Wood Street
				London
				Unity Trust Bank pic
				Nine Brindley Place
				4 Oozells Square
				Birmingham B12HB
Bankers				HSBC
				Redriff Road
				London SE167LL

						Restricted	Unrestricted
					Note	funds 2020	funds 2020	Total 2020	Total 2019
						f	f	f	f
Income from:
Donations							7,892	7,892	5,177
Income from	charitable			activities		350,121	22,311	372,432	213,171
Income from activities	other		trading				23,071	23,071	15,979
Other income							25,176	25,176	3,864
Total						350,121	78,450	428,571	238,191
Expenditure	on
Raising funds							49,150	49,150	106,466
Charitable activities						254,758	41,010	295,767	141,834
Total						254,758	90,160	344,918	248,300
Profit/(loss) for		the	year			95,363	(11,710)	83,653	(10,109)
Net movement		in funds				95,363	(11,710)	83,653	(10,109)
Reconciliation	offunds:				17-19
Total funds brought			forward			221,995	98,397	320,392	330,501
Transfers						7,854	(7,854)
Net movement						95,363	(11,710)	83,653	(10,109)
Total funds carried			forward			352,212	78,833	404,045	320,392

		Note	2020	2020	2019	2019
			f	f	E	E
Fixed assets		13		191,829		177,982
Current assets
Stock		14	9,560		8,592
Debtors		15	44,443		12,401
Cash at bank and in	hand		223,807		150,163
			277,810		171,156
Creditors: amounts	falling due	16	(40,528)		(28,746)
within one year
Net current assets				237,282		142,410
Creditors: amounts	falling due			(25,067)
more than one year
Net assets		19		404,045		320,392
Charity Funds
Unrestricted funds		17		78,833		98,397
Restricted funds		18		325,212		221,995
Total funds				404,045		320,392

	Restricted	Unrestricted
	funds	funds	Total
	2020	2020	2020
Admissions		11,810	11,810
Group visits		10,501	10,501
Project income (note 4)	350,121		350,121
	350,121	22,311	372,432

Income from charitable activ	ities (prior year)
	Restricted	Unrestricted
	funds	funds	Total
	2019	2019	2019
Admissions		25,064	25,064
Group visits		42,830	42,830
Other		48,327	48,327
Project income (note 4)	96,950		96,950
	96,950	116,221	213,171

year ended 31Dece project income		mber 202	0
				Restricted funds	Total
				2020	2020
Brunel Reinvented				120,121	120,121
Heritage Emergency	Grant (NLHF)			57,000	57,000
Covid-19 Emergency England)		Response	Fund (Historic	11,000	11,000
Culture Recovery Fund (Arts Council)				162,000	162,000
				350,121	350,121
project income (prior		year)
				Restricted
				funds	Total
				2019	2019
				E	f
Playscheme grants				2,500	2,500
Education grants income				1,000	1,000
Conservation ofacquisitions				7,450	7,450
Summer Party income				3,000	3,000
Chains Photo income				35,000	35,000
Museum Reinvented		income		35,000	35,000
Film income				5,000	5,000
Mobile film facility				8,000	8,000
				96,950	96,950

Inco	me fr	om ot	her trading a	ctivities
				Restricted	Unrestricted
				funds	funds	Total
				2020	2020	2020
Shop	sales				5,350	5,350
Venue	hire				3,909	3,909
Third	party	event	income		13,812	13,812
					23,071	23,071

Notes to the financial statements	Notes to the financial statements	Notes to the financial statements	Notes to the financial statements
For the year ended 31December 2020
	Income from other trading activities (prior year)
			Restricted	Unrestricted	funds
			funds			Total
			2019		2019	2019
			E		f	f
	Shop sales				15,375	15,375
	Cafe				390	390
	Rights				214	214
					15,979	15,979
6.	Other income
			Restricted	Unrestricted
			funds		funds	Total
			2020		2020	2020
			f		f	f
	Interest receivable				120	120
	Southwark Council		covid grants		13,006	13,006
	Sundry	income			12,050	12,050
					25,176	25,176
	Other	income (prior year)
			Restricted	Unrestricted
			funds		funds	Total
			2019		2019	2019
					f	f
	Interest receivable				342	342
	Sundry	income			3,521	3,521
					3,864	3,864
7.	Raising funds
			Restricted	Unrestricted		Total
			2020		2020	2020
	Allocated support		costs (note 9)		36,756	36,756
	Shop	purchases			2,574	2,574
	Admission 5Group Visit costs				7,175	7,175
	Third	Party event	costs		2,645	2,645
	Total				49,150	49,150

	Raising fund	s (prior	year)
					Restricted	Unrestricted	Total
					2019	2019	2019
	Allocated support costs (note 9)				10,096	60,301	70,397
	Shop purchases					9,847	9,847
	Workshop	&events	costs			9,403	9,403
	Tour costs					16,819	16,819
	Total				10,096	96,370	106,466
8.	Charitable activities
					Restricted	Unrestricted
					funds	funds	Total funds
					2020	2020	2020
					f	f	f
	Project expenditure		(note	10)	254,758		254,758
	Support costs:
	Allocated support costs (note 9)					36,756	36,756
					254,758	36,756	291,514
	Governance	costs
	Accountancy	costs				2,512	2,512
	Legal fees					782	782
	Independent	examination		costs		960	960
	Total charitable activities				254,758	41,010	295,767
	Charitable activities		(prior	year)
					Restricted	Unrestricted
					funds	funds	Total funds
					2019	2019	2019
					E	E	E
	Project expenditure		(note	10)	65,871		65,871
	Support costs:
	Allocated support costs (note 9)					60,301	60,301
					65,871	60,301	126,172
	Governance	costs
	Accountancy	costs				14,402	14,402
	Independent	examination		costs		1,260	1,260
	Total charitable activities				65871	75963	141835

year ended 31December 202 Support costs	0
	Raising funds	Charitable
	(note 7)	activities (note
		8)		Total funds
	2020	2020		2020
	f			f
Staff costs (note 12)	19,411	19,411		38,822
Consultancy	3,850	3,850		7,700
Collection costs	186	186		372
Premises costs	1,836	1,836		3,672
General office expenses	280	280		559
PR and marketing	175	175		350
Insurance	977	977		1,954
Repair and maintenance	637	637		1,275
Printing and stationary	269	269		538
Subscriptions	116	116		232
Travel costs	46	46		92
Bank charges	265	265		530
Irrecoverable VAT	7,310	7,310		14,621
Depreciation	1,398	1,398		2,796
	36,756	36,756		73,512
Support costs (prior year)
	Raising funds (note 7)	Charitable activities (note 8)		Total funds
	2019		2019	2019
	E		E	E
Staff costs (note 12)	41,435		41,435	82,870
Subcontractor cost	5,555		5,555	11,110
Consultancy	11,311		1,215	12,526
General office expenses	4,118		4, 118	8,236
PR and marketing	621		621	1,242
Volunteering expenses	96		96	192
Insurance	1,660		1,660	3,320
Repair and maintenance	2,612		2,612	5,224
Printing and stationary	335		335	670
Subscriptions	70		70	140
Travel costs	81		81	162
Bank charges	118		118	236
Sundry expenses	623		623	1,246
Depreciation	1,762		1,762	3,524
	70,397		60,301	130,698

		Charitable	activities
			(note 8)	Total	Total
			2020	2020	2019
Playscheme costs					2,286
Environmental improvements					440
Tree R	garden expenditure				235
Brunel	Drawings/Conservation		4,687	4,687	6,006
Summer	Party				5,882
Chains	Photo Purchase				40,00
Film costs					11,02
Mobile	Film Facility		1,645	1,645
Brunel Reinvented			169,876	169,876
Heritage	Emergency Grant (NLHF)		50,167	50,167
Development of Digital Assets			11,000	11,000
Culture	Recovery Fund		17,374	17,374
			254,758	254,758	65,87

Staff	costs
		2020	2019
		f
Wages	and salaries	107,103	74,153
Social	security costs	5,414	5,064
Other	pension costs	2,325	3,653
Other	staff costs	450
		115,292	82,870

13. Tangible fi	xed asse	ts
					Museum
			Fixture and			Total
		Collection	fittings	Equipment	staging & equipment
Cost
At 1January 2020		171,711	20,635	11,804	9,586	213,736
Additions			9.905	6.738		16.643
Disposal				(1,078)		(1,078)
At 31December 2020		171,711	30,539	17,464	9,586	229,300
Depreciation
At 1January 2020		4,583	15,281	6,304	9,586	35,754
Charge for the year			1,612	1,184		2,795
Disposal				(1,078)		(1,078)
At 31December 2020		4,583	16,892	6,410	9,586	34,098
Net book value
At 31December
2020		167,128	13,647	11,054		191,829
At 31December
2019		167,128	5,354	5,500		177,982
14. Stock
					2020	2019
					E	E
Publications	&goods	for resale			9,560	8,592
					9,560	8,592
15. Debtors
					2020	2019
Trade debtors					1,215	11,500
Accrued Income					33,664
Other debtors					9,564	901
					44,443	12,401

year ended 31Dece Creditors	mber 2020
		2020	2019
		E	E
Trade creditors		31,011	17,189
Other social security	taxes	816	904
Accruals and deferred	income	8,701	10,653
Loan		25,067
		65,595	28,746

	Asat1				As at 31
	January	Income	Expenditure	Transfers	December
	2020				2020
Continuation fund	33,500			(19,985)	13,515
Partnership funding	49,000			(26,737)	22,263
Acquisition fund
Closure fund	3,000				3,000
Other unrestricted	fund
General fund	12,897	78,450	(90,160)	38,868	40,055
Total unrestricted	98,397	78,450	(90,160)	(7,854)	78,833

	Asat1				As at 31
	January	Income	Expenditure	Transfers	December
	2019				2019
Continuation fund	60,000			(26,500)	33,500
Partnership funding				49,000	49,000
Acquisition fund	20,000			(20,000)
Closure fund				3,000	3,000
Other unrestricted	fund
General fund	74,862	141,241	(172,334)	(30,873)	12,897
Total unrestricted	154,862	141,241	(172,334)	(25,373)	98,397

		Asat1 January 2020	Income	Expenditure	Transfers	As at 31 December 2020
Brunel drawings fund	a	160,000				160,000
Brunel photograph fund	b	4,073				4,073
project grants		57,922	350,121	(254,758)	7,854	161,139
Total restricted		221,995	350,121	(254,758)	7,854	325,212

Restricted fund ana	lysis	(prior years)
		Asat1				As at 31
		January 2019	Income	Expenditure	Transfers	December 2019
Brunel drawings fund	a	160,000				160,000
Brunel photograph fund	b	4,073				4,073
project grants		11,566	96,950	(75,967)	25,373	57,922
Total restricted		175,639	96,950	(75,967)	25,373	221,995

The allo	cation	ofnet assets betwe	en	funds as at 31December	funds as at 31December	2020 are represented	by:
				Restricted		Unrestricted		Total
					funds	funds		funds
					2020	2020		2020
					f	f		f
Tangible	fixed	assets			164,073	27,756		191,829
Current	assets				161,139	116,671		277,810
Current	liabilities					(40,528)		(40,528)
Non- current		liabilities				(25,066)		(25,066)
Total net assets					325,212	78,833		404,405
Allocation of		net assets between	funds (prior year)
The allocation		of net assets between		funds as at 31	December	2019are represented	by:
				Restricted		Unrestricted		Total
					funds	funds		funds
					2019	2019		2019
					f	E		f
Tangible	fixed	assets		164,073		13,909		177,982
Current	assets			57,922		113,234		171,156
Current	liabilities					(28,746)		(28,746)
Total net assets				221,995		98,397		320,392

Prior year				Note	Restricted funds 2019	Unrestricted funds 2019	Total 2019
					E	E
Income from
Donations						5,177	5,177
Income from	charitable		activities		96,950	116,221	213,171
Income from activities	other	trading				15,979	15,979
Other income						3,864	3,864
Total					96,950	141,241	238,191
Expenditure	on
Raising funds					10,096	96,370	106,466
Charitable activities					65,871	75,963	141,834
Total					75,967	172,333	248,300
Profit for the	year				20,983	(31,092)	(10,109)
Net movement in funds					20,983	(31,092)	(10,109)
Reconciliation	offunds			17-19
Total funds brought		forward			175,639	154,862	330,501
Transfers					25,373	(25,373)
Net movement					20,983	(31,092)	(10,109)
Total funds carried		forward			221,995	98,397	320,392