|||||Page|| |---|---|---|---|---|---| |Report of|the Trustees|||1 to|5| |Report of|the Independent
Auditors|||6
to|8| |Statement|of Financial|Activities|||| |Statement|of Financial|Position||10|| |Notes to the Financial||Statements||11 to|20| |Detailed Statement
of||Financial|Activities|21 to|22| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||||2022|2021| |---|---|---|---|---|---|---|---| |||||Unrestricted|Restricted|Total|Total| ||||Notes|funds
6|funds
I|funds
F.|funds
E| |INCOME AND ENDOWMENTS||FROM|||||| |Donations
and legacies||||10,745|18,000|28,745|47,238| |Charitable
activities|||||||| |Grants
Miscellaneous
income||||4,000
6,490||4,000
6,490|14,143
2, 500| |Other trading
activities
Investment
income||||12,701
42,617||12,701
42,617|62,947
43,271| |Total||||76,553|18,000|94,553|170,099| |EXPENDITURE
ON|||||||| |Fundraising
and event costs||||2,637||2,637|2,268| |Charitable
activities|||||||| |House restoration,
purchase
and education|of furnishings,|||124,172|3,806|127,978|170,218| |Total||||126,809|3,806|130,615|172,486| |NET INCOME/(EXPENDITURE)||||(50,256)|14,194|(36,062)|(2,387)| |RECONCILIATION
OF FUNDS|||||||| |Total funds brought
forward||||732,356|55,390|787,746|790,133| |TOTAL FUNDS CARRIED FORWARD||||682,100|69,584|751,684|787,746| ## ## ||||||||2022|2021| |---|---|---|---|---|---|---|---|---| ||||||Unrestricted|Restricted|Total|Total| ||||||funds|funds|funds|funds| |||||Notes|6|E|E|E| |FIXEDASSETS||||||||| |Tangible assets
Investments||||9
10|521,761
20,010|46,551|568,312
20,010|578,392
20,010| ||||||541,771|46,551|588,322|598,402| |CURRENT ASSETS||||||||| |Debtors
Cash at bank and||in hand||11|8,499
164,810|23,031|8,499
187,841|28,311
172,144| ||||||173~309|23~031|196,340|200,455| |CREDITORS||||||||| |Amounts
falling|due within||one year|12|(32,978)||(32,978)|(11,111)| |NET CURRENT|ASSETS||||140~331|23g031|163,362|189,344| |TOTAL ASSETS||LESS CURRENT||||||| |LIABILITIES|||||682/ 102|69~582|751r684|787 746| |NET ASSETS|||||682'102|69~582|751684|787 746| |FUNDS||||13||||| |Unrestricted
funds:||||||||| |General
fund|||||||44,615|94,869| |Designated
fund|||||||637,487|637,487| ||||||||682,102|732,356| |Restricted
funds|||||||69,582|55,390| |TOTAL FUNDS|||||||751,684|787,746| ## ## ## ## ## ## ## ## ## |OTHER TR|ADING ACTIVITIES||| |---|---|---|---| |||2022|2021| |||E|E| |Fundraising
Admission|events
fees|8,182
4,519|6,211
1,469| |Gift ofshop profits|||55,267| |||12,701|62,947| ## ## ## |INVESTMENT INCOME|||| |---|---|---|---| |||2022|2021| |||E|E| |Property
rental
income
Deposit account interest||42,585
32|43,252
19| |||42,617|43,271| |NET INCOME/(EXPENDITURE)|||| |Net income/(expenditure)|is stated after charging/(crediting):||| |||2022
E|2021
I| |Auditors'
remuneration
Depreciation
—owned assets||2,000
12,177|2,000
25,177| ## ## ## |The average
m|onthly
n|umber of em|ployees
during
the year was as|follows:|| |---|---|---|---|---|---| |||||2022|2021| |Trust Manager|tk Administrators|||4|3| |No employees|received|emoluments|in excess of E60,000.||| ## ||COMPARATIVES
FOR THE|STATEMENT OF FINANCIAL ACTIVITIES|STATEMENT OF FINANCIAL ACTIVITIES|STATEMENT OF FINANCIAL ACTIVITIES||| |---|---|---|---|---|---|---| |||||Unrestricted|Restricted|Total| |||||funds|funds|funds| |||||E|E|E| ||INCOME AND ENDOWMENTS||FROM|||| ||Donations
and legacies|||34,957|12,281|47,238| ||Charitable
activities|||||| ||Grants|||14,143||14,143| ||Miscellaneous
income|||2,500||2,600| ||Other trading
activities|||62,947||62,947| ||Investment
income|||43,271||43,271| ||Total|||157,818|12,281|170,099| ||EXPENDITURE ON|||||| ||Fundraising
and event costs|||2,268||2,268| ||Charitable
activities|||||| ||House restoration,
purchase|of||||| ||furnishings,
and education|||160,278|9,940|170,218| ||Total|||162,546|9,940|172,486| ||NET INCOME/(EXPENDITURE)|||(4,728)|2,341|(2,387)| ||RECONCILIATION
OF FUNDS|||||| ||Total funds brought
forward|||737,084|53,049|790,133| ||TOTAL FUNDS CARRIED FORWARD|||732,356|55,390|787,746| |9.|TANGIBLE FIXED ASSETS|||||| |||||Freehold|Museum|Leasehold| |||||property|equipment|improv'nts| |||||E.|E|E| ||COST|||||| ||At 1st January
2022|||517,157|55,115|748,577| ||Additions|||||| ||At 31st December 2022|||517,157|55,115|748,577| ||DEPRECIATION|||||| ||At 1st January
2022||||14,700|748,577| ||Charge for year||||3c675|| ||At 31st December 2022||||18,375|748,577| ||NET BOOK VALUE|||||| ||At 31st December 2022|||517,157|36,740|| ||At 31st December 2021|||617,157|40,415|| ## ## ## ## |TANGIBLE FIXED ASSETS - continued|||| |---|---|---|---| |||Office tk|| ||Antiques|computer|| ||8i paintings|equipment|Totals| ||E|E|E| |COST|||| |At 1st January
2022|255,824|29,200|1,605,873| |Additions|1,003|1,094|2,097| |At 31st December 2022|256,827|30,294|1,607,970| |DEPRECIATION|||| |At 1stjanuary
2022
Charge for year|235,997
7,876|28,207
626|1,027,481
12,177| |At 31st December 2022|243,873|28,833|1,039,658| |NET BOOK VALUE|||| |At 31st December 2022|12,954|1,461|568i312| |At 31st December 2021|19,827|993|578,392| |FIXED ASSET INVESTMENTS|||| ||||Shares
in| ||||gloup| ||||undertakings| ||||E| |COST|||| |At 1st January
2022 and
31st December 2022|||20,010| |NET BOOK VALUE|||| |At 31st December 2022|||20,010| |At 31st December 2021|||20,010| |Nature of|business|:
Gift shop|||||| |---|---|---|---|---|---|---|---| ||||~!0||||| |Class of share:|||holding||||| |Ordinary|||100||||| |||||f|2022|E|2021| |Aggregate|capital|and reserves||70,775||24,|520| ## ## ## ## |DEBTORS: AMOUNTS|DEBTORS: AMOUNTS|DEBTORS: AMOUNTS||FALLING DUE WITHIN|FALLING DUE WITHIN|ONE YEAR|ONE YEAR||| |---|---|---|---|---|---|---|---|---|---| |||||||||2022|2021| |||||||||F.|E| |Amounts
owed
by group
Prepayments
and accrued|||||undertakings
income|||8,499|26,821
1,490| |||||||||8,499|28,311| |CREDITORS:||AMOUNTS|||FALLING DUE WITHIN||ONE YEAR||| |||||||||2022|202i| |||||||||E|E| |Amounts|owed|to group||undertakings||||21,005|| |Other creditors|||||||||700| |Accruals|and deferred||income|||||11,973|10,411| |||||||||32,978|11,111| |In expectation
of the Merchant's|In expectation
of the Merchant's|House Trading|House Trading|(Marlborough)
Limited|(Marlborough)
Limited|(Marlborough)
Limited|(Marlborough)
Limited|donation
of|profits,
which|profits,
which| |---|---|---|---|---|---|---|---|---|---|---| |happened
after the balance|sheet|date, E50,000||was|transferred
in December 2022||||and|therefore| |is the reason at 31 December 2022 the intercompany|||||is|a|creditor balance.
At the date|||of
signing,| |this has now been cleared|by the|donation|being|formalised.||||||| |MOVEMENT IN FUNDS||||||||||| |||||||||Net||| |||||||||movement||At| ||||||||At 1.1.22|in funds|31.12.22|| ||||||||E|E||| |Unrestricted
funds||||||||||| |General
fund
Designated
fund||||||94,869
637,487||(50,254)|44,615
637,487|| |Restricted
funds||||||732,356||(50,254)|682,102|| |Antique
collections
Museum
Marlborough
drawings
Education
Town signs
Museum
MTC
Modes Database|||||||353
45,868
1,554
1,375
875
3,881
640|(1,033)
(286)
781||353
44,835
1,554
1,375
875
3,595
1,421| |Marketing
8i Promotion
Roof
Conservation|||||||844|14,000
730||844
14,000
730| ||||||||55,390|14,192||69,582| |TOTAL FUNDS||||||787,746||(36~062)|751J684|| ## ## |Net movement
in funds,
include|d
in the ab|ove are as foll|ows:||| |---|---|---|---|---|---| ||||Incoming|Resources|Movement| ||||resources
f|expended
f|in funds
f| |Unrestricted
funds|||||| |General
fund|||76,553|(126,807)|(50,254)| |Restricted funds|||||| |Audit fee
Museum
Museum
MTC
Modes Database
Roof|||2,000
1,000
14,000|(2,000)
(1,033)
(286)
(219)|(1,033)
(286)
781
14,000| |Conservation|||1,000|(270)|730| ||||18,000|(3,808)|14,192| |TOTAL FUNDS|||94~553|(130615)|(36~062)| |Comparatives
for movement|in funds||||| ||||Net|Transfers|| ||||movement|between|At| |||At 1.1.21|in funds
f|funds
f|31.12.21
f| |Unrestricted
funds|||||| |General
fund
Designated
fund||94,251
642,833|(4,728)|5,346
(5,346)|94,869
637,487| |||737,084|(4,728)||732,356| |Restricted
funds|||||| |Antique
collections
Museum
Marlborough
drawings
Education
Town signs
Museum
MTC||500
46,901
1,554
1,375
1,719
1,000|(147)
(1,033)
2,881|(844)|353
45,868
1,554
1,375
875
3,881| |Modes Database|||640||640| |Marketing
6 Promotion||||844|844| |||53,049|2,341||55,390| |TOTAL FUNDS||790,133|(2,387)||787,746| ## ## ## |Compar|ative
|net movement
in funds,
in|cluded
in the above are as follo|ws:|| |---|---|---|---|---|---| ||||Incoming|Resources|Movement| ||||resources|expended|in funds| ||||E|E|E| |Unrestricted||funds|||| |General|fund||157,818|(162,546)|(4,728)| |Restricted funds|||||| |Antique|collections|||(147)|(147)| |Audit fee|||2,000|(2,000)|| |Museum
Museum|MTC||2,881|(1,033)|(1 033)
2,881| |Window|||3,875|(3,875)|| |Sundial|||2,225|(2,225)|| |Modes|Database||1,300|(660)|640| ||||12,281|(9,940)|2,341| |TOTAL|FUNDS||170,099|(172,486)|(2,387)| |A current
yea|r 12 months
and pri|or year 12 months
com|bined
position|is as follows:|is as follows:|| |---|---|---|---|---|---|---| ||||Net|Transfers||| ||||movement|between||At| |||At 1.1.21|in funds|funds||31.12.22| |||E|E|E||E| |Unrestricted|funds|||||| |General
fund||94,251|(54,982)|5,346||44,615| |Designated
fund||642,833||(5,346)||637,487| |Restricted funds||737,084|(54,982)|||682,102| |Antique
collections||500|(147)|||353| |Museum
Marlborough|drawings|46,901
1,554|(2,066)|||44,835
1,554| |Education||1,375||||1,375| |Town signs||1,719||(844)||875| |Museum
MTC||1,000|2,595|||3,595| |Modes Database|||1,421|||1,421| |Marketing
6i Promotion|||||844|844| |Roof|||14,000|||14,000| |Conservation|||730|||730| |||53,049|16,533|||69,582| |TOTAL FUNDS||790,133|(38,449)|||751,684| ## ## ||||||||Incoming|Resources|Movement| |---|---|---|---|---|---|---|---|---|---| ||||||||resources|expended|in funds| ||||||||E|6|6| |Unrestricted|||funds||||||| |General|fund||||||234,371|(289,353)|(54,982)| |Restricted||funds|||||||| |Antique|collections|||||||(147)|(147)| |Audit fee|||||||4,000|(4,000)|| |Museum||||||||(2,066)|(2,066)| |Museum|MTC||||||2,881|(286)|2,595| |Window|||||||3,875|(3,875)|| |Sundial|||||||2,225|(2,225)|| |Modes Database|||||||2,300|(879)|1,421| |Roof|||||||14,000||14,000| |Conservation|||||||1,000|(270)|730| ||||||||30,281|(13,748)|16,533| |TOTAL|FUNDS||||||264,652|(303,101)|(38,449)| |The following|||designations|||have been made:|||| |||||||||Transfer|| |||||||||from/(to)|| ||||||||Balance at
unrestricted||Balance at| |Purpose|of designation||||||31.12.2021|fundsI|31,12.2022
E| |Salaries|and|other running||||costs|16,500||16,500| |Replacements|||for loaned||furniture||4,250||4,250| |Capital projects|||||||25,730||25,730| |Essential|repairs||||||53,842||53,842| |Buildings|used for charitable|||||purposes|517,155||517,155| |Investment||in Trading||Company|||20,010||20,010| ||||||||637,487||637,487| ## ## ## ## ## ## |||2022|2021| |---|---|---|---| |||E|6| |INCOME AND ENDOWMENTS|||| |Donations
and legacies
Donations
and legacies
Gift aid||23,319
3,041|43,129| |Subscriptions||2,385|4,109| |||28,745|47,238| |Other trading activities
Fundraising
events
Admission
fees||8,182
4,519|6,211
1,469| |Gift of shop profits|||55,267| |||12,701|62,947| |Investment
income|||| |Property
rental
income
Deposit account
interest||42,585
32|43,252
19| |||42,617|43,271| |Charitable
activities|||| |Miscellaneous
income||6,490|2,500| |Grants||4,000|14,143| |||10,490|16,643| |Total incoming
resources||94,553|170,099| |EXPENDITURE|||| |Other trading
activities
Fundraising
event costs||2,637|2,268| |Charitable
activities|||| |Employment
costs
Establishment
costs
Repairs and maintenance
Office expenses
Printing,
postage
and stationery
Subscriptions
and donations
Sundry
and other costs
Depn leasehold
property
improvements
Depn of antiques 8 paintings
Depn of office 6r museum
equipment||50,912
9,491
29,309
2,020
5,095
229
1,331
3,675
7,876
626|48,432
10,720
65,704
1,921
4,861
225
1,290
9,446
11,824
3,907| |||110,564|158,330| |Support costs|||| |Management
Establishment
costs||504|188| |Carried
forward||504|188| ## |||2022|2021| |---|---|---|---| |||6|5| |Management
Brought forward||504|188| |Of'fice expenses
Sundry
and other costs||703
15|2,154
57| |||1,222|2,399| |Finance|||| |Bank charges||671|1,157| |Governance
costs|||| |Auditors'
remuneration||2,000|2,000| |Legal and professional
Accountancy
fees|fees|13,271
250|6,032
300| |||15,521|8,332| |Total resources
expended||130,615|172,486| |Net expenditure||(36,062)|(2,387)|