2023-03-31-accounts

Legal and administrative	Legal and administrative	information
Trtrsteea report
Independent examiner's		report
Statement offinancial	activities
Balance sheet
Notes to the ftnancial	statements

Board Of	Trustees	Trustees	Mrs Lesley Saunders	-Acting Chair	-Acting Chair
			Ms Lucy Unger
			iVlr Samuel Forsyth		Resigned	12October 2022
			Mr James Burgess		Resigned	11May 2022
			Mr Richard Atterton
			Ms Claire Woodforde
			Dr Zibiab Loaktbar		Appointed	15June 2022
			Mrs Wendy Watson		Appointed	15June 2022
			Mrs Abigail Kikuchi		Appointed	15June 2022
			Ms Esther Green		Appointed	15Jane 2022
			Lady Caroline Bowes-i,yon
			Mr Andrew Dimsey
			Ricardo Lopez-Portill	y Lancaster Jones
			Rodrigo- Alonso Lopez-Portilto		y Lancaster -Jones
			Prancisco-Xavier J.opez-Portillo		y Lancastet -Jones
PresMent			Mrs Yvonne Limbrick
Vice Presidents			Miss BHunter
			Mrs CBey
Charity number			1010345
Company	number		02576495
Registered		ofgce	41/42 t2ueen Street
			Hitchin
			Hartfordshire
			SG49TS
Independent		examiner	Mark Hjertzen BAPCA
			HW Associates Limited
			Portmill House, Pottmil1 Lane
			Hitchin
			Hertfordshire
			SG5 1DJ
			CAF Bank Limited
			PO Box259
			West Mailing
			Kent
			ME194TA

RUBI	mlding Maintenance	750
Rotary Club	eelchair Ramp	750
S sto Sustainabili	eaRoam	2,500
Herdfordshire Musemns	rusiecs Away Day	750
Norfolk County Council	rustees Away Day	600
Ste sto SusmbmbiTity Hertfordshire County Cunncil -I ocality Gram	eaRoom arid BookDay	3,000 1,000
TOTAL		9,350

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			2023		2022
		Notes	6		8
Fixed assets
Tangible assets				265,322		275,966
Current assets
Stocks		14	2,535		4,689
Debtors		15	12,749		13,668
Cash at bank	and in hand		153,333		161,771
			168,617		180,128
Creditors: amonats falling due vrithin one
year			(10,920)		(8,242)
Net current assets				157,697		171,886
Total assets	less current liabilities			423,019		447,852
Income funds
Restricted gmds				75,992		70,213
Unrestricted	funds			347,027		377,639
				423,019		447,852

		Unrestricted	Unrestricted	Total	Total
		funds	funds	2023	2022
		general	designated
		8
Donmions	and giga	17,225		17,225	21,945
Grants receivable for core activities		25,983	26,810	52,793	67,429
		43408	26,810	70,018	89,374
For the year ended 31March 2022		79,374	10,000		89,374

			Museum and	Museum snd educationai
			educational	progrsmmcs
			progrsmmes
			2023	2022
			f
Sales within	charitable	activities	33,466	27,732
Performance	related grants		9,350	13,007
			42,816	40,739
Analysis by fimd
Unrcstticted	ftmds - genemt		33,466	27,732
Restricted funds			9,350	13,007
			42,816	40,739
For the year	ended 31March 2022
Unrestricted	funds - general		27,732
Restricted ftmds			13,007
			40,739
Performance	related	grants
			9,350	13,007

		Unrestricted	Unrestricted
		funds	funds
		general	general
		2023	2022
			f
Pondtaising	events snd room hire	12,512	13,975
Cafe snd shop income		31,763	4,813
Other trading	activities	44,275	18,788

			Unrestricted	Unrestricted
			funds	funds
			general	general
			2023	2022
			0	0
	Interest mes	ivable	730
6	Fuadralsing	activities

			Um estHcted	Unresntcted
			funds	funds
			general	general
			2023	2022
Costs of	fundraising	events and room hire
Catenng	and other	costs	1,037	3,508
Cafe and	shop expenditure
purchases	forcafe	and shop	6,769	L714
				5,222

							Charitable	activities
				Museum aad	Preservation	Maintenance	Total	Total
				educationai	and	ofhistoric	2023	2022
				programmes	exhibition of	buMings
					collections
				2023	2023	2023
					f	f
Staffcosts				34,943	10,565		45,508	47,428
Depreciation	aud impairment			16,645			16,645	i5,523
Exhibition and conservation			costs	3,701	267		3,968	703
Schools programme		costs		1,356			1,356	s,a46
Repairs and maintenance				19,063		4,910	23,973	13,761
Staffaud volunteer training			and weffare	2,154			2,154	604
Other costs				900			900	791
				78,762	li0,832	4,910	94,504	83,856
Share ofsupport costs (see note 8)				33,609	7,978		41,587	29,130
Share ofgovernance		casts (see note 8)		7,669	2,332		10,001	10,099
				120,040	21,142	4,910	146,092	123,085
Analysis by	feud
Unrestricted	funds - general			84,519	21,142	4,910	110,571	97,328
Uurestricted	funds - designated			19,063			19,063	6,056
Restricted funds				16,458			16,458	19,701
				120,040	21,142	4,910	146,092	123,085
For the year ended		31lviarch 2022
Unrestricted	ftmds - general			70,447	20,376	6,505		97,328
Unrestricted	funds - designated			o,aS6				6,056
Restricted iimds				18,501				19,701
				95,004	20,376			123,085

8	Suppert costs
			Supyort costs	Goveraauce	2023	Suyport casts	Goveraance	2022
				casts			costs
	Statf costs			7,601	7,601		7,699	7,699
	Premises running	costs	19,587		19,587	18,583		18,583
	Communications	and
	advertising		4,883		4,883	5,162		5,162
	Book-keeping services by Independent Examiner		3.235		3,235	2,117		2,117
	Other tmance, legal and professional		11,520		1!,520	1,658		1,658
	Otftcc and general		2,362		2,362	1,610		1,610
	independent examiuef s remuneration			2,400	2,400		2,400	2,400
			41,587	IO0Oi		29,130	10,099
	Aoalysed between
	Charitable acdvitics		41,587		51,588		10,099

Thc average m	onthly nmnber ofemp!oyaes during the ye	ar was:
		2023	2022
		Number	Number
Employment	costs	2023	2022
Wages and salaries		51,907	54,142
Other pension	casts	1,202	985
			55,127

								Total	Unrestricted
									funds
									general
								2023	2022
	Gain/(loss) onsale ofinvestmeuts								(2)
12	Taxathm
	The Trust is	a registered	charity and therefore	is not bable to income	tax	or corporation	tax	on income or	gains dnived
	fmm its charitable activities, as they fall within			the various exemptions	avtdlable to registered			charities.
13	Tangible Bxed assets
				luand	and	Building		Fixtures,	Total
				buildings		renovation 8		fittings &
						restoration		ettulpmsnt
								6
	Cost
	At 1April 2022			180,000		127,896		172,406	480,302
	Additions							179	179
	At 31Match	2023		180,000		127,896		172,585	480,481
	Depreciation	and impairment
	At 1April 2022			32,400		47,287		118,827	198,514
	Depreciation	charged in	the year	1,200		2458		12,887	16,645
	At 31March	2023		33,600		49,845		131,714	215,159
	Carrytug amount
	At 31March	2023		146,400		78,051		40,871	265322
	At 31March	2022		147,600		80,609		47,757	275,966
14	Stocks
								2023	2022
	Finished goods and goods for resale							2,535

15	Debtors
						2023	2022
	Amounts falling due		within		one yeart		0
	Trade debtors					4228	4,145
	Other debtors						246
	Prepsyments	snd scorned		iucome		8,275	9,277
						12,749	13,668
16	Creditors: amounts		faBtng due within one year
						2023	2022
						0	8
	Other taxation aud social			secutity		696	750
	Trade creditors					5,438	3,292
	Other crediuus					386
	Accmals and	deferred	income			4,400	4,200
						10,920	8,242

Restricted fu	nds				Movement	in funds
		Balance at	Incoming	Resources	Transfers	Balance at
		1 April 2022 f	resources	expended f	31atarcn 2023 f f
Internship
Cogections		3,221				3,221
		100				100
Heritage Compass					371	371
Computer &telephone		1,910				1,910
Fixed asset mserve		59,582			4.500	64,082
Rotary Club			750	(630)	(120)
Computers and telephone
RlBI			750	(250)		500
Hertfordshire	literacy
Norfold CC						600
Keeping Your	Trustees on Track	900				900
Playground
Hcc Locality	Grant		1,000	(989)		11
Tearoom relaunch		4,500	5,500	(1,702)	(4,751)	3,547
Herts Museum			750			750
		70,213		(3,571)		75,992

Iii-

Operating lease	com	mitments
At the reporting	end	date the Trust had outstanding	commitinents	for future	minimum	leme payments	under	non-
cancellable operating		leases, which fall due ss follews;
						2023		2022
						8
Within one year								1,325
Between two and	five	years						994
						994		2,319

22	Related party transacdons	Related party transacdons
	Remuneration	ofkey management	personnel
	Tbe remuneration	ofkey management	personnel	is as follows.

		2i)23	2022
		8	8
Aggmgate	coinpensaticu		17,386

Trausactians with related parties
During tbe year the Trust entered into the following aanssctions	with related parties: