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|||Page||
|---|---|---|---|
|Report ofthe Trustees||1 to|6|
|Report ofthe Independent
Auditors||6 to|9|
|Statement of Financial Activities||10||
|Statement of Financial Position||||
|Notes to the Financial Statements||12 to|21|
|Detailed Statement of Financial|Activities|22 to|23|
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|||||||2020|2019|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
||||Notes|funds
f|funds
f|funds
6|l'undsf|
|INCOME AND ENDOWMENTS||FROM||||||
|Donations
and legacies||||13(037|5,000|18,037|29,622|
|Chat'itable
activities||||||||
|Grants||||5,878||5,878||
|Other trading
activities|||3|74,478||74,478|76,879|
|Investment
income|||4|45,444||4S,444|45,675|
|Total||||138(837|5,000|143,837|152,176|
|EXPENDITURE ON||||||||
|Raising funds||||8,276||8,276|6,312|
|Charitable
activities||||||||
|House restoration,
purchase|of furnishings,|||||||
|and education||||103,673|4(117|107(790|111,907|
|Total||||111,949|4,117|116,066|120,219|
|NET INCOME||||26,888|883|27,771|31,957|
|RECONCILIATION
OF FUNDS||||||||
|Total funds brought forward||||710,196|52,166|762,362|730,405|
|TOTAL FUNDS CARRIED|FORWARD|||737,084|53,049|790,133|762,362|
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|||||||2020|2019|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Tote I|Total|
|||||funds|funds|funds|funds|
||||Notes|6||5||
|FIXEDASSETS||||||||
|Tangible assets
Investments|||9
10|546,266
20,'010|46,901|593,167
20,010|603,576
10|
|||||566,276|46,901|613,17'7|603,586|
|CURRENT ASSETS||||||||
|Debtors
Cash at; bank and|In hand||11|20,387
163,888|6I148|20,387
170,036|63,796
104,287|
|||||184,275|6,148|19Q,423|168,083|
|CREDITORS||||||||
|Amounts
falling due within||one year|12|(13,467)||(13,467)|(9,307)|
|NET CURItENT ASSETS||||170,808|6,148|176,956|158,776|
|TOTAI. ASSETS|LESS CURRENT|||||||
|LIABILITIES||||737,084|53,049|790,133|762,362|
|NET ASSETS||||737,084|53,049|790„133|762,362|
|FUNDS|||13|||||
|Unrestricted
funds:||||||||
|General
fund
Designated
fund||||||94,251
642,833|111,373
598,823|
|Restricted
funds||||||737,084
53,049|710,196
52,166|
|TOTAL FUNDS||||||790,133|762,362|
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|OTHER TRADING ACTI|VITIE|S|||
|---|---|---|---|---|
||||2020|2019|
||||6|5|
|Fundraislng
events
Admission
fees
Gift of shop profits|||4,121
1,214
69g143|5,629
11,685
59,565|
||||74,478|76,879|
|INVESTMENT INCOME|||||
||||2020|2019|
||||E||
|Property
rental
income
Deposit account Interest|||43,268
176|45,456
219|
||||45,444|45,675|
|NET INCOME/(EXPENDITURE)|||||
|Net income/(expenditure)|Is stated after charging/(crediting):||||
||||2020
6|2019
I|
|Auditors'
remuneration
Depreciation
- owned assets|||2,000
12,517|2,000
16,987|
|TRUSTEES' REMUNEilATION||AND BENEFITS|||
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|The average
monthly
|number of|em|ployees
during the year|was as follows:|||
|---|---|---|---|---|---|---|
||||||2020|2019|
|Administrators|||||1||
|Events Manager|||||1|1|
|Cleaner|||||1|1|
|||||||3|
|No employees
received|emoluments||In excess off60,000.||||
|COMPARATIVES
FOR THE STATEMENT OF FINANCIAL||||ACTIVITIES|||
|||||Unrestricted|Restricted|Total|
|||||funds|funds|funds|
|||||I||I|
|INCOME AND ENDOWMENTS||FROM|||||
|Donations
and legacies||||15,280|14,347,|29,622|
|Other trading
activities||||76,879||76,879|
|1nvestment
income||||45I675||45,675|
|Total||||137,834|14,342|152,176|
|EXPENDITURE ON|||||||
|Raising funds||||8,312||8,312|
|Charitable
activities|||||||
|House restoration,
purchase of|||||||
|furnishings,
and education||||93,503|18,404|111,907|
|Total||||101,815|18,404|120,219|
|NET INCOME/(EXPENDITURE)||||36I019|i4,062)|31,957|
|RECONCILIATION
OF FUNDS|||||||
|Total funda brought|forward|||674,177|56,228|730,405|
|TOTAL FUNDS CARRIED FORWARD||||710,196|52,166|762,362|
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|TANGIBLE FIXED ASSETS||||
|---|---|---|---|
||Freehold|frluseum|Leasehold|
||property
I|equipment
I|improv'nts
I|
|COST||||
|At 1)anuary
2020|517r167|56,11S|739,131|
|Additions||||
|At 31December 2020|517,157|55,115|739,131|
|DEPRECIATION||||
|At 1)arluary
2020
Charge for year||7,360
3,675|739,131|
|At 31 December 2020||11,025|739,131|
|NET BOOK VALUE||||
|At 31 December 2020|517,157|44,090||
|At 31December 2019|517,157|47,765||
|||Offic &||
||Antiques|computer||
||& paintings
I|equipment
I|Totals
I|
|COST||||
|At 1)anuary
2020
Additions|255,061,|26,909
2,108|1,593,363
2,108|
|At 31December 2020|255,051|29,017|1r595,471|
|DEPRECIATION||||
|At 1)anuary
2020
Charge for year|217,928
6rSSO|26r378
1,992|989,787
12,617|
|At 31December 2020|224,778|27,370|lr002r304|
|NET BOOK VALUE||||
|At 31 December 2020|30,273|1,647|693,167|
|At 31 December 2019|37,123|1,531|603,576|
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|FIXEDASSET INVESTMENTS||
|---|---|
||Shares
in|
||group|
||undertakings
f|
|COST||
|At 1)anuary 2020|10|
|Additions|20,000|
|At 31December 2020|20,010|
|NET BOOK VAI.UE||
|At 31 December 2020|20,010|
|At 31 December 2019|10|
##
|Nature ofbusiness|:
Gift|,
shop|, ,
|,||
|---|---|---|---|---|---|
||||'yo|||
|Class ofshare:||holding||||
|Ordinary|||100|||
|||||2020|2019|
|||||E||
|Aggregate
capital|and reserves|||24r820|4,520|
|During the year, a share||Issue took place for 200|shares at f100per share.|||
|DEBTORS:AMOUNTS||FALLING DUE WITHIN|ONE YEAR|||
|||||2020|2019|
|||||E|f.|
|Amounts
owed by group
undertakings
Other debtors
Prepayments
and accrued Income||||14,773
1,234
4,380|38,977
1,434
3,383|
|||||20,387|63,796|
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|||||2020|2019
I|
|---|---|---|---|---|---|
|Other creditors||||700|1,010|
|Accruals and del'erred|Income|||12r767|8,297|
|||||13,467|9,307|
|MOVEMENT IN FUNDS||||||
||||Net|Transfers||
||||movement|between|At|
|||At 1.1.20|In funds
I|I'unds|31,12,20
I|
|Unrestricted
funds||||||
|General
I'und
Designated
fund||111,373
598,S23|26,888|(44,010)
44,010|94,251
642,833|
|Restricted funds||710,196|26,88S||737r084|
|Antique
collections||500|||500|
|Museum
Recording
History
Marlborough
drawings
Education
Town signs||47,934
459
1,564
1,719|(1,033)
(459)
1r375||46r901
1,554
1,375
1,719|
|Museum
MTC|||1,000||1,000|
|||52r166|883||53,049|
|TOTAL FUNDS||762,362|27,771||790r133|
|Net movement
In funds,
included
In the a|bove are as follows:|||
|---|---|---|---|
||Incoming|Resources|Movement|
||resources
I|expended
I|Irl funds
I|
|Unrestricted
funds||||
|General
fund|13S,837|(111,949)|26r888|
|Restricted funds||||
|Audit fee
Museum
Recording
History
Education
Museum
MTC|2,000
625
1,375
1,000|(2,000)
(1,033)
(1,084)|(1,033)
(459)
1,375
1,000|
||6,000|(4,117)|883|
|TOTAL FUNDS|143,837|(116,066)|27,771|
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|Comparatlves
fo|r moveme|nt
in fu|nds|||||
|---|---|---|---|---|---|---|---|
||||||Net|Transfers||
||||||movement|between|At|
|||||At 1.1.19
I|In funds
I|funds
I|31,12,19|
|Unrestricted
funds||||||||
|General
fund||||105,881|36,019|(30,527)|111,373|
|Designated
fund||||568,296||30,527|598,823|
|||||674I177|36,019||710,196|
|Restricted funds||||||||
|Antique
collections||||500|||500|
|Museum
Recording
History||||48,967
459|(1,033)||47,934
459|
|Marlborough
drawings||||1,554|||1,554|
|Town signs||||1,719|||1,719|
|Wessex Yeomanry
1st Floor Room|Uniform|||1,000
2,029|(1,000)
(2,029)|||
|||||56,228|(4,062)||52,166|
|TOTAL FUNDS||||730,405|31,957||762,362|
|Comparative
net movement||In funds,|included|In the above|are as follows:|||
||||||Incoming|Resources|Movement|
||||||Iesources
I|expended
5|In funds|
|Unrestricted
funds||||||||
|General
fund|||||137,834|(101,815)|36I019|
|Restricted
funds||||||||
|Audit fee|||||2,0DD|(z,ooo)||
|Museum
Education|||||2,000|(1,033)
(2,000)|(1,033)|
|Wessex Yeomanry|Uniform|||||(1,000)|(1,DDD)|
|1st Floor Room||||||(2,029)|(2,029)|
|Museum
MTC|||||928|(928)||
|M Gray Appeal|||||9,414|(9I414)||
||||||14,342|(18,404)|(4,062)|
|TOTAL FUNDS|||||152,176|(12D,219)|31,957|
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|A current year 12|menthe
and priOr y|ear 12months
combine|d
positien
IS aS|fOIIOWS;||
|---|---|---|---|---|---|
||||Net|Transfers||
||||movement|between|At|
|||At 1.1.19|In funds|funds|31.12.20|
||||E||E|
|Unrestrlctecl
funcls||||||
|General
fund||105,881|62(907|(74,537)|94(251|
|Designated
fund||568,296||74,537|642,833|
|||674,177|62,907||737,084|
|Restricted funds||||||
|Antique
collections||500|||500|
|Museum||48,967|(2,066)||46,901|
|Recording
History||459|(459)|||
|Marlborough
drawings||1,554|||1,554|
|Education|||1,375||1(375|
|Town signs||1,719|||1,719|
|Wessex Yeomanry
1st Floor Room|Uniform|1,000
2,029|(1,000)
(2,029)|||
|Museum
MTC|||1,000||1,000|
|||56,228|(3,179)||53,049|
|TOTAL FUNDS||730,405|59,728||790,133|
||||incoming|Resources|Movement|
|---|---|---|---|---|---|
||||resources|expended|In funds|
||||E|E|E|
|Unrestricted|funds|||||
|General
fund|||276,671|(213,764)|62,907|
|Restricted funds||||||
|Audit fee|||4(000|(4,000)||
|Museum||||(2,066)|(2,066)|
|Recording
History
Education|||625
3,375|(1,084)
(2,000)|(459)
1,375|
|Wessex Yeomanry
1st Floor Room||Uniform||(1,000)
(2,029)|(1,000)
(2,029)|
|Museum
MTC|||1(928|(928)|I(000|
|M Gray Appeal|||9„414|(9,414)||
||||19,342|(22,S21)|(3,179)|
|TOTAL FUNDS|||296,013|(236,285)|59(728|
##
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|||||||Transfer||
|---|---|---|---|---|---|---|---|
|||||||from/(to)||
||||||Balance at|unrestricted|Balance at|
|Purpose|of designation||||31,12,2019|fundsf|31.12.2020|
|Salaries|and other running|||costs|15,000|1,500|16,500|
|Replacements
for loaned|||furniture||4,250||4,250|
|Capital projects|||||23,230|2,500|25,730|
|Essential|repairs||||39,188|20,000|59,188|
|Buildings|used for charitable|||purposes|517,155||517,155|
|Investment
in Trading||Company||||20,010|20(010|
||||||598(823|44,D10|642,833|
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|||2020I|2019I|
|---|---|---|---|
|INCOME AND ENDOWMENTS||||
|Donations
and legacies||||
|Donations
and grants||13,467|24,537|
|Subscrlptlons||4,570|S,oee|
|||1S(037|29,622|
|Other trading
activities||||
|Fundraising
events
Admission
fees
Gilt ofshop profits||4,121
1,214
69(143|5,629
1i,685
59,565|
|||74,478|76,879|
|Investment
income||||
|Property
rental
Income||45(268|45,456|
|Deposit account Interest||176|219|
|||45,444|45,675|
|Charitable
activities||||
|Grants||5,878||
|Total incoming
resources||143,837|i52,i76|
|EXPENDITURE||||
|Other trading activities||||
|Wages||6,984|6,984|
|Fundralslng
event costs||1(292|1,328|
|||8,276|I3,312|
|Charitable
activities||||
|Employment
costs
Establishment
costs
Repairs and maintenance
Office expenses
Printing,
postage and stationery||49,856
8,965
7,924
1,869
4,935|48,326
7,586
8,186
1,888
8,180|
|Subscripdons
and donations||62|149|
|Sundry
and other costs
Bank charges||309
41,1|1,827
502|
|Depn leasehold
property
improvements
Depn of antiques
8( paintings
Depn of oNce Ik museum
equipment||6,851
5,667|2,855
10(009
4,121|
|||86,849|93,629|
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|||2020I|2019|
|---|---|---|---|
|Support costs||||
|Management||||
|Employment
costs
Establishment
costs||5,540
654|5,369
843|
|Repairs and maintenance||880|909|
|Office expenses
Printing,
postage and stationery||3,037
548|5,879
909|
|Subscrlptlons
and donations||7|16|
|Sundry
and other costs||170|327|
|||10,836|14,252|
|Finance||||
|Bank charges||46||
|Governance costs||||
|Auditors'
remuneration||2,000|2,000|
|Legal and professional
Accountancy
fees|fees|7,688
370|1,250
720|
|||10,059|3,970|
|Total resources expended||116,066|120,219|
|Net Income||27,771|31,957|