##
|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||||
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|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|
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|||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|
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||||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|
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||||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|
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||||||||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||
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|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|
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|||||||||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||
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|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|
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||||||||
|---|---|---|---|---|---|---|
|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|
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Iii-
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|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:|