Chanty [lStratIoN number 1015922 ICAEW CHARTERED ACCOUNTANT HINCKLEY & DISTRICT MUSEUM CIO TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025 Brealey Foster & Co Chartered Accountant Edwards Centre The Hor5efair Hinckley Leicestershire LE10 OAN
Hinckley & District Museum CIO Contents Page Trustees. Report Independent Examiner's Report Stslement of Financial Activities Comparative Statement of Financial Activities Statement of Financial Position 12 Notes to the Finanaal Statements 13-17 The following pages do not form part of the statutory acwunts". Detailed Slalement of Financial Activittes 18-19
Hinckley & District MLtseum CIO Trustees. Report For The Year Ended 31 October 2025 The trustees present their report and the financial statements for the year ended 31 October 2025. Objectlves and Activities Aims and Objectives The Trustees present their Report and A¢¢ounts for the year ended 31 October 2025. Refarencè and administrative detai15 The charity name. The legal and operating name of the charty Is Hinckley and District Museum and it Is a Charitable Incorporalert Organisation ICIOI. The charity's areas gf operation and UK charftable registration The charity Is registered with the Charity Commission In England & Wales ICCEW) with charty number 1015922 Legal structure of the charty Hinckley and District Museum Limited was originally incorporated under the Companies Act 1985 on 24th July 1992 Ino. 027341251. 11 was a pnvate company limf(ed by guarantee and not having a Share capitol. The company was also a registered charrty Ino.10159221. The Company converted into a Charitable Incorporated Organisation ICIOI. with voting mernbers other than Its charity trustees on 7th April 2020 with the same charity registration no 1015922. Al 31 st October 2025 the chanty was constr(uted as a charrtab Incorporated Organisation ICIOI with voting members other than its charity trustees There are no restnctions in the goveming documents on the operation of the charity or on rts investment powers othei than those Imposed by Chanty Law. The Trustees are all individuals. The principal operating addross. telophone number, gmail and web addresses of tha charity are.- Hinckley and District Museum Framework Knitters Cottages, 30 Lower Bond Street Hinckley. Leicestershire. LE10 1 QU Telephone 01455 251218 Email addres5 hinckleymuseLtm@hotmail.co.uk Web address https.'1Aw.hinckleydi$trictmuseUrn.Org.uk The Trustees in office on the day the report VIPS approved were.' EA Crabtree. M B.E. H A 8eavin R J Brooks A Lester P G Lindley M F Sansome T T Phillips B Wilherford The following persons served a5 Tru5tee5 during the year ended 31 October 2025" E A Crabtree M.B.E H A Beavin R J Brooks A Lester ..CONTINUED Page 1
Hin¢kley & District Museum CIO Trustees. Report Iconlinuedl For The Year Ended 31 October 2025 Aims and Objectives - continued P G Lindley M F Sansome T T Phillips B Wilherford All the Trustees ao members ofthe charty. Objectives and activities of thè charty The purpose of the charity is set out in its governing document The charity's principal object jas defined In Its Conslitutionl is -To provide a museum to advance the education of the public In Hinckley and the Surrounding area and to fostei and encourage the consetvalion and better understsnding Df the material her[ge and the environment for the public benefit". The main activities undertaken in relation to these purp05e5 dunng the year. The charity has provided a museum service for the people of Plinckley and beyond ntred on Ils Lower Bond Street premises since 1996. Report of the Chair of Trustees. The year 2024125 was again busy for all Trustees and volunteers assoaated with the Museum. Easter Saturday was towards the end of April In 2025 and we consequentty missed foul possible open days and this appeared to have a knock-on effect for the rest of the season A decision was taken dunng the year lo open on the first Saturday of April in future regardless of whether it was Easter or not. Public open days remained SalLJrdays and Mondays until the end ol October. In the Main Gallery Doreen Rose. a long time Friend of the Museum. updated the hosiery and knitwear disp18yS wrth examples of her work as a design tutor * Leicester s De Montfort University and this was very well re¢eived. Doreen displayed a beautifully machine knitted dress which she had exqu1Srtely executed John Chinn and Malcolm Wilson continued lo work on the large circular knitting machines and have Succeed in enabling them to be operated by hand and demonslralions will follow next season. Other types of knitting machines have also been brought Into use. and these have proved very popular. In the Allinson Gallery we featured the life of Joe David who after a long life In miltary seNice became Hinckley s Town Cner. Joe ttad donated one of his elaborate Crier s costumes for us lo show_ en Joe visited the museum he was delighted with what we had done. The Museum celebrated 30 years of delivering the town s history and heritage. and the effect on popular culture from the development of the Hansom Cab was also shown. The Museum would be helping to commemorate the 80th anniversary of VE and VJ Days and we illustrated the work of a Land Army Girl In the Atkifis Gallery. A display was created In the Atkins Building in the autumn particularly rr1ebeng the servicemen who served in the Far East. The Hansom Cab exhibited there received extra attention dur1ng the year with the grants received through the UKSPF we were able to purchase new mannequins. and two child mannequins were dressed to give more Interest to the Cab. Later In the season we were pleased to offer some work experience lo Ruby Phillpott. a student * Covenlry College she has been Instrumental In cre*ing drfferent displays around Ihe Hansom Cab- an especially scary one for Hallowe en. Collaborating with our Irsends In the Alkin5 Building ha5 been very rewarding and we are most grateful lor the support and assistance In provi(5ing meeting space and creating displays. The Cataloguing team Is 8150 able to take advantage of the additional space in which lo work. The Museum has continued lo welcome visrts from a variety of groups sevefal primary schools. Adult Learners and Trefoil Guider5. We were pleased to be able to prov1de transport costs lo Sl Simon & St Jude Primary School In Earl Shillon to enable their Year 2 pupils to visrt followng a session made In the school about the Bool and Shoe Inaustry In the town. School Outreach also ¢Dnlinued with Roman5 and V1CtOTian TDYS proving most popular. Our Photographi¢ Memory Box has been used by two Dementia groups in the town. ..CONTINUED Page 2
Hinckley & District Museuffl CIO Trustees. Report Icontinuedl For The Year Ended 31 October 2025 Aims and Objectives - continued The summer holiday events for children were disappointing this year In terms of visrtor numbers - down lor all four events This was especially frustrating because a great deal of work had been carried out to provide ex¢iting creative actrvities The events team has been giving considerable thought to this aspect of our visrtor experience and hope to offer new activrties ne%t year. The Museum opened for the town s annual Classic Car Show In the autumn and that also resulted In fewer visitors - perhaps it Is everyone feeling economic pressure. The Museu was also open during the national Heritage Open Days In September The Museum 15 very grateful for all donations reiVed and we were fortunate that the Hinckley Social Theatre & Travel Club. Hinckley District P85t & Presenl the George Ward Chantable Trust and the Worshipful Company of Framework Knitters made donations to help keep the Museum open. We also received money through the UKSPF to ¢afry Out several Investigative surveys at Ihe museum and the one regarding Its stm¢ture highlighleL% Ihat our late 17th century building needs some renovation worK to ensure we can maintain our Pfesen¢e In the town. Historic England awarded Ihe Museum £20.000 to undertake more In-depth COSTed reports. That work resulted In the TrLJStees Skjbmitting an 'Expression of Interest to the Arts Council for 3 MEND grant to cover the cost of the recommended works This was unfortunalely rejected but HE has undertaken lo support the Museum In making further applications lor grant funding. Following an Accessibility Audrt carried out. vtslunleeis received training to better understsnd the problems some of Ouf Wsrtors face. We were able lo access a grant through the Leicestershire& Rulland Rural Community Council IRCCI lo in5ts11 some upgrades lo help our visitors - lever taps grab rails Internal step ramp. Improvea se*ing and safety rai15 to the garden slep5. With another RCC grant we have been able to Install ts40 new heaters in the tearoom. In addition lo Ruby Phillpott. we were able lo ulilise the services of a Leicester Universty Master5 sIL4dent. Katie Ingram. who carried out some Fesearch Into Hinckley s connect0$ wrth the English Civil War which has formed the basis for a display being created for the 2026 Season. We were also very pleased that Hannah Dawkins a Leicester University undergraduate student. volunteered for the summer holiday events and created a wonderful Roman game for the children to enjoy. The Trustees are very grateful for the support receNed from the members al the Hinckley Great Meeting Chapel where our monthly tslks ale held - they are very generous raising money for the museum through their Saturday coffee morning5 and we can have a raffle at the talks programme that raises money for the Building Fund. The Chapel also hosted our funé raising LE8 Brass Quintet event which wa5 very successful and raised £187. Margaret Osborne organised a Beetle Dnve for the museum al the Greyhound Public House. again a very enjoyable evening. The Museum is grateful for the help and advice received from Paul Grundy. Hinckley & Bosworth Borough Council"s Conservation Officer. in our continuing endeavours lo ensure the Museum is a viable asset In the town. Vve uti11se the advice from Museum Development Midlands and participate in on-line meetings We contribute to the H1n¢kley Tourism Partnership. and we take full advantage ol the help oftered by the RCCIVCS administered Ihrough Kevin Taylor in the Atkins Building. We have gor relat10ns wilh the Concordia Theelre and able lo borrow costumes from them. The Hinckley BID offered publicity space in the Bfilanni8 Centre and we were invited to the opening of the Richarl 111 Battlefiekj Trail in the aulumn. l am most grateful to the enthusiastic volsjnteers who Man the Museum on open days and undertake all manner of additional act1Vrties on closed days getting the museum ready for opening. keeping the garden looking splendid especially when we ttave a wedding party visiting there were five this year. providing refreshment5 for visitors helping with raffles. creating the children s activities the list Is endless. I do lleed to femernber Ih05e dear Friends who sadty died during Ihe year Jill Beavin and Jean Gilbert - Friends for many years and who made such valuable contributions lo maintsining the Museum and making visitors so welcome. ..CONTINUED Page 3
Hinckley & District Museum CIO Trustees. Report Icontinuedl For The Yèar Ended 31 Octobèr 2025 Aims and Objectives - continued I ijo wish lo thank the Trustees tor their Iwely discussions and scrutinising the decisK)ns we make We welcomed two new Trustees. Mike Sansome and Tom Phillips who have undertaken additional responsibilities l am especially grateful to Phillip Lindley who has been at the helm ensuring the museum has been open for the many surveys undertaken and keeping contact wrth Council office. The Museum was aware that we needed to reapply for Accredilalion from the Arts Council- a process that had been delayed by the Covid outbreak and was well overdue. To progress this appIltiOn the Museum needs an Accreditation Mentor and that post has many vacancies all tsver the cosjntry. We have advertised through Museum Development Midlands lo help find someone willing lo be our Mentor. The Trustees have had regard to the Chanty Commission s guidance on public benefit in managing the activitie5 of the charity. The short term and longer temi airns and objectives. The continuing provisiorl of a museum for the people of Hinckley and beyond. and to Improve the visitor experience To achieve a Irustee and museum membership capable of conlinu1ng the operation of the charity Into the future. Progressing with the ambrfcion lo extend the museum lo provide much improved access wilh reception and retail facility. toilets. lift to Ihe upper fOr. and meeting rwms_ The charity's strategies for achieving its aims and objectives in the future. To recrLJII additional Trustees and volunleefs lo ensure succession planning. To increase fund raising lo maintain the museum building and to achieve our exiensior proposals. How the activities undertaken during the year contributed to the achievement of the aims and objectives. Two new Iruslees were elected during the year and have matte useful contnbulions In the areas of aud1ence development and financial management Fundraising lor a potential extension continues wath support from the GyhOund Public House and other venues hosting and supporting fundraising events. Resources used in the activities undertaken during the year The MLJseum made use of donations and subscriptions from Friends. together Wlth successful grant applications, lo enable the outreach at the Atkins Building and other locions to take place. The contribution of voluntsers during the year. The Museum Is managed and staffed entirely by volunteers who undertake all tasks essential to Ils operation. including administration and finance. curalonal and collections management. display and outreach work. front ol house duties on open days. gardening and srte maintenance. The work and Input from our volunleers 15 recognised as rIt Important and essential to enable the museum to continue to welcome visrtors. The score In the Volunteers sectFon of the assessment report from a 'mystery shopper visit by VisilEnglantJ VAQAS scheme in September 2025 was 11)0% in all the len categories. Fundraising activities during the year. No fundraisers are employed by the Chanty and 100% ot the proceeds of any fundraising aFe used for the museurn's charrtable purposes Donalions weo received from The Wotshipful Company of Framewofk Knitters. the George Ward Charitable Trust. the Hinckley Travel & Social Group. and Hinckley District Past & Present. Grants were received from the J Reginald Corah Foyndalion Trust. the Maud Elkington Charitable TNSI. the Florence Turner Trtjst. and Museum Development Midlancl5. Own activities- ..CONTINUED pe4
Hinckley & District Museum CIO Trustees. Report Icontinuedl For The Year Ended 31 October 2025 Aims and Objectives - continued Benefits from supporteT5 shopprg on line vi8 the easyfundraising.org.uk s((e. The difference the charity's performance during the year has made to the beneficiaries of the charity. The monie5 received allowed work to be carned out which ttas greaily Improved the visitor exper5en¢e both inside the museijm and the garden. The museum has been able to extend Its range of activities outside the museum to a wider audience and Improve the on-site visrtor experience as a resurt. The degree to which the achievements and pertormance during the year have benefited wider society. We continueQ to work with Hinckley Archaeology Society. Burbage Heritage Group. Hin¢kley District Past & Present and Hinckley BID to broadcast the message that history and especially our loca5 history Is Interesting. exciting and fun. We are members of the Association of Independent Museums IAIMI and the Hin¢kley and Bosworth Tourism Partnership and keep in close touch wf(h {In¢ll officers In developing the tourism and heritage offer In the town. Links with local colleges and schools helps the museum and paflicularfy the sludents in gaining skills useful for their future careers. Structure, govemance and management of the charity. Governing document The charity 5s controlled by its C?nstitution as a Charitsble Incorporated Organi5ation ICIOI with voting members other than Its charity trustees. The mèthods used to wruit and appolnt new charity trustees. Prospective trustees are suggested by existing trustees and Invited to attend meetings with a view lo possible recruitrnenl. The wider museum membership Is also encouraged to consider taking on the trustee role. The museum uses Ils website. facebook 51te. the Hinckley BID. and the Fnends netwo$* to seek new Iiuslees. The policies and proureS for the IndUCtn and training of trustees. New trustees are encouraged to take advantage of the Information and training offered by the Charity Commission. Museum Development Midlands IMDMI. the Association ol Independent Museums IAIMI and other sector organisations. Organisational structurè. The Trustees have ultimate responsibility for the management of the rnuseum. The Chairman and Vi¢e-¢hairman are appointed by the Board. The museum is managed and staffed entsrely by volunteers. How the chaflty makes decisions and how decisions are delegated. The Trustees have ultimate responsibility for the managernent of the charity and is its decision making body. Consullalion where appropriate Is undertaken with other stakeholders Including 'the Friends of the museum. the ocal authority and other local organisations with an Interest in nentage and history- Management. Day to day responsibilty for the management of the publK open season and the work of volunteers is delegated to the Secretsry and Honorary Curator. Wider network. ..CONTINUED Page 5
Hinckley & District Museum CIO Trustees. Report Icontinuedl For The Year Ended 31 October 2025 Aims and Objectives- continued The charity is a member of the Hinckley and Bosworth Tourism Partnership. the Hinckley and Bosworth Fairtrade Forum (the museum tearoom serves Fairtrade accredited c4)nsumablesl. and the Association of Independent Museums. The charrty's advisors. Bankèrs Lloyds Bank PIC The Co-operative Bank Accountants Brealey Foster & Co. Edward5 Cenlre. 24. The Horsefair HnckleY LE10 OAN REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number- CE021438 (England and Wales) Registered Charity number- 1015922 Financial review of the position at the reporting d*e 31st October 2025. Overall income has increased In the financial year. and the chaiity has again been successfLJI in receiving reslri¢ted funds for project5 during the year. There have been no change5 to fixed assets in the accounting period. Polices on reserves. The Iruslees have examined the charity's QUIrementS for free unrestricted reserves In the light of the rnain risks lo the charity Ilinancial performance Is. however (lepenaenl on visitors to the museum and their spend logeltter with exleinal funding being SOLJrced for projects and other workl They have established a policy whereby the unrestricied funds not committed or Invested In tangible fixed assets held by the charity need lo be able lo cover up lo six rnonlhs of Ljnrestricted annual expendrture (including utilities. Insurance building maintenance) amounting lo a figure of aroLJnd £7000_ The present level of free unrestricted reserves allows some nexlbilty for possible increased costs of inskJrancÈ maintenance. and utilities. The trustees are satisfied that the level of free unrestricted reserves as shown In the report are adequate to cover the needs ol the charity. bul will keep this matter under review lo lake Into accounl any Impact caused by future changes In local or national circumstan$ (such as the on-going Impact of inflation and utility costs). Going Concern Our small Independent local mu5eurn plays a vital role In research and In maintaining public Interest In the history of the local area. Like all similar volunteer managed and operated museums Il Is still facing financial challengès as a result ol Inflation and the fluctuation In energy costs. The charity Is in a reasonaDle p0s5tion financially. bul the trustees recogrFise that with Iimrted Income from visitors. plus the continuing rising cost of living and ils Impact on museum and leisJre Spend by consumers this remains a potential cause for concern. Subject lo these comments. the trustees have no concems about the going concem basis ol the ch8rty. .CONTINUED Page 6
Hinckley & Distri¢t Museum CIO Trustees, Report Icontinuedl For The Year Ended 31 October 2025 Alms and Objectives - contlnued Availability and adequacy of assets ofeach ofthefunds The trustees are satisfied that the charrty's assets in each fund are available and adequate lo fu11 rts obligations In respect of each fund. Reference and Administrative Details Trustees E A Crabtree. M.B.E. H A Beavin R J Brooks A Lester P G L5ndlèy B Wilherford M F Sansome T Phillips Charity Number 1015922 Princlpal Address Frameworfr Knitters Cottages 30 Lower Bond Street Hinckley LeIstershire LE10 1QU Independgnt Examiner Peter lan Brealey Bsc FCA The Institute ol Chartered Actountanls in England and Wales Brealey Foster & Co Chartered Accountant Edwaids Centre The Horselair Hinckley Leicestershire LE10 OAN Page 7
Hinckley & District Museum CIO Trustees. Report Icontinuedl For The Year Ended 31 October 2025 The Iru5tees' report was approved by Ihe board of Iruslees and Sign on rts behaw by". £4 &4q-. E A crable. M.B.E. Trustee 15th May 2026 Page 8
Hinckley & District Museum CIO Independent Examinerfs Report to the Trystees ol Hinckley & District Museum CIO For The Year Ended 31 October 2025 I report lo the trustees on my examination of the aecounts of Hinckley & District Museum CIO Ithe Trusti for the year ended 31 October 2025. Responsibilities and Basis of Report As the char1ty trustees of the Trust you are responsible for the preparation of the accounts In accofdance with ihe requirements of the Charities Act 2011 I-the Act-i. report In respect of my examination of the Tiusl"s accounts carried out under section 145 of the 2011 Act and in carrying out my examination. I have followed the applicable Directions given by the Charity Commission under section 1451Sllbl of the Act. Independent Examine$ Statement I have completed my examination. I confirm that no material matters have wme to my attention in connection with the examination giving me cause lo believe that In any m*enal respecl". 1. accounting records were not kept in respect of the Twst as required by section 130 of the Act". or 2. the accounts do not accord with those records or 3. the accounts do not comply with the applicable requirements concerning the form and contents ol accounts sel out in the Charities IAccounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair view which is nol a matter Considered as part of an Independenl examination. I have no concerns and have come across no other matters in connection wrth the examination to which atten110n should be drawn In th+s report In order to enable a proper understanding of the accounts to be reached. Peter lan Brealey Bsc FCA The Institute of Chartered A¢cntsnts In England and Wales 15th May 2026 Edwards Centre The Horsefair Hinckley Leicestershire LE100AN Page 9
Hinckley & District Museum CIO Statemènt of Financial Activitiès For The Year Ended 31 October 2025 2025 2024 Unrestricted Restricted Total funds funds funds Total funds Notes INCOME AND ENDOWMENTS FROM: Donations and legacies Charitable activities. Operation of Museum Other trading activities 17.586 16.166 33.752 25.702 729 1669 729 1.869 2.146 352 19 984 16 166 36.150 28.200 EXPENDITURE ON.. Raising funds Charrtable activities. Operation of Museurn 15151 15151 121 113.3311 111 3761 124.7071 118.9721 113.8461 11 3761 125.2221 118.9741 NET INCOME 6.138 4.790 10.928 9.226 NET MOVEMENT IN FUNDS RECONCILIATION OF FUNDS: Total funds brought forward 6.138 4.790 10.928 9.226 19.241 52 161 71402 62.176 TOTAL FUNDS CARRIED FORWARD 12 25.379 56 951 82 330 71 402 The notes on pages 13 to 17 fomi part of these financial ststements. Page 10
Hinckley & District Museurn CIO Comparative Staternent of Financial Activities For The Year Ended 31 October 2025 2024 Unrestricted Restricted Total funds funds funds Notes INCOME AND ENDOWMENTS FROM: Oonations and legacies Charitable activities Operation of Museum Other trading activrties 9.603 16.099 25.702 2.146 2.146 352 352 12.101 16.099 28.200 EXPENDITURE ON: Raising funds Charitable activities". 121 121 Operation of Museum 113.0721 15 9001 118 9721 113 0741 15 9001 118.9741 NET INCOME 19731 10.199 9.226 NET MOVEMENT IN FUNDS RECONCILIATION OF FUNDS: Total funds brought forward 19731 10.199 9.226 20.214 41.982 82 176 TOTAL FUNDS CARRIED FORWARD 12 19.241 52.161 71402 The notes on page5 13 to 17 form part of these financial ststemenls. Page 11
Hinckley & District Museum CIO Statement of Financial Position As At 31 October 2025 2025 2024 Unrestricted Restricted Total funds funds funds Totsl funds Notes FIXED ASSETS Tangible Assets 2.562 2.562 3.014 2562 2.562 3.014 CURRENT ASSETS Stocks 372 372 515 Debtors Cash al bank and in hand 10 3.116 3116 1.845 21802 56.951 78 753 67 341 25.290 56 951 82.241 69.701 Creditors.. Amounts Falling Due Within One Year 11 12.4731 12.4731 11.3131 NET CURRENT ASSETS ILIABILITIESI 22.817 56 951 79.768 68.388 TOTAL ASSETS LESS CURRENT UABILITIES 25.379 56.951 82.33D 71.402 NET ASSETS 25 379 56.951 82.330 71.402 FUNDS OF THE CHARITY Restricted Funds 56.951 52.161 19 241 Unreslrided Funds 25.379 TOTAL FUNDS 12 82.330 71402 On behalf of the board E A Crabtree. M.B.E. Trustee 15th May 2026 The notes on pages 13 10 17 form part of these financial statements. Page 12
Hinckley & District Museum CIO Notes to the Financial Statements For The Year Ended 31 October 2025 Accounting Policies 1.1. Basi5 of Preparation of Financial Statements The financial statements have been prepared in accordan with the Charities SORP IFRS 1021 'Accounting and Reporting by Charities. Statement of Recommended practi applicable to chanties preparing their 8ccoufFls in accordance wrth the Financial Reporting Standard applicable In the UK and Republic ol Ireland IFRS 1021 (effective 1 January 20191" Financial Reporting Standard 102 'The Financ131 Reporting Standard applicable In the UK and Republic ol Ireland" and the Charitie5 Act 2011. The eharily is a PublFC 8enef(( Enttty as defined by FRS 102. 1.2. Incoming Resource$ Incoming Resources This includes voluntary income (donations. grants legacies). investment income. and income from charitable activities. 1.3. Tangible Fixed Assets and Depreciation Tangible fixed asse15 are measured al Cost less accumulated depreciation and any accumulat Impairment losses. Depreciation is provided at rate5 calculated to wnle off the cost of the fixed assets. less their estimated residual value. over their expeded useful live5 on the following bases Plant & Machinery 1.4. Stocks and Work in Progress Stocks and work in progress are valued at the lower of c05t and net realisable value after makifig due allowance lor obsolete and slow-moving stocks. Cost Is detÈrmin&(J using the fir51-in. firsl-out method. Cost incltjdes all direct costs and an appropriate proportion of fixed and variable overheads. Work in progress Is reflected in the accounts on a contract by contract basis by Cording turnover and related costs as contract activity progresses. At the end of each reporting period stocks are assessed for impairment. If an Item of stock Is Impaired. the Identified stock is reduced to ils selling price less costs to compleie and sell and an impairment chargè Is recognised in the statement of financi81 activrties. Vvhere a reversal of the Impaimient Is required the impairment charge is reversed. up lo the onginal Impairment loss and is recognised as a credit in the slalemenl of financial activrties. 1.5. Cash and Cash Equivalents Cash and cash equivalenis are basic financial assets and include cash in hano and deposit5 held at call with banks. other short-term highly liquid investments that mature In no more than three months from the date of acquisition and are readily convertible lo a known amount of cash with insigncicanl nsk of change In value. and bank overdrafts. 2 Income from Donatlons and Legacies Page 13
Hinckley & District Museum CIO Notes to the Financial Statements Icontinuedl For The Year Ended 31 October 2025 2025 Unrestricted Restricted Totsl funds fvnds funds Donations and gifts Mewber subscription5 and sponsorships Grants 15465 2.266 17,731 2,121 13.900 2.121 13 900 17.586 16.166 33 752 2024 Unrestricted Restricted Total funds funds funds Donations and gifts Member subscriptions and sponsorships Grants 7.653 1.950 16 099 23.752 1.950 9.603 16,099 25.702 3 Income from Other Trading Activities 2025 2024 Unrèstricted Unrestrbcted funds funds Shop income 1,669 352 Nèt In¢omellExpenditurel The net Income Is slated after chargingllcredrting).. 2025 2024 Depreciation ol tangible fixed assets - owned 452 Page 14
Hinckley & District Museum CIO Notes to the Financial Statements Icontinuedl For The Year Ended 31 October 202S 5. Anatysis of Expenditure 2025 Activitie5 undertakèn dire¢tty Support costs Isee note 61 Total Raising funds Operation of Museum 515 515 4.6fi 20.030 24 707 5.192 20.030 25 222 2024 Acttvities undertaken directly Support costs Isee note 61 Total Raising funds Operation of Museum 4.561 14.411 18.972 4.561 14.413 18 974 6. Support Costs 2025 Operation of Museum Premises expenses General administration 17,019 2.559 Depreciation 452 20.030 2024 Raising funds Opèration of Museum Totsi Premises expenses General administr*ion 10.427 10.427 3.984 3,986 14.411 14.413 Page 15
Hinckley & District Museum CIO Notes to the Financial Statements Icontinuedl For The Year Ended 31 October 2025 7. Average Number of Employees Average numbef of employees during the Year Ended 31 October 2025 was. NIL12024".1 8. Tangible Assets Plant & Machinery Cost As at 1 November 2024 31.388 As al 31 October 2025 31.388 Depreciation As at 1 November 2024 Provided during the period As al 31 October 2025 28.374 452 28.826 Net Book Value As al 31 October 2025 2.562 As at l November 2024 3.014 9. Stocks 2025 2024 Stwk 372 515 10. Debtors 2025 2024 Due within one year Trade debtors 302 302 1.543 Other debtors 2.814 3116 1,845 11. Creditors.. Amounts Falling Due Within One Year 2025 2024 Trade Creditors 1.523 483 Accruals and deferred Income 950 850 1.313 Page 16
Hinckley & District Museum CIO Notes to the Financial Statements Icontinuedl For Thè Year Ended 31 October 2025 12. Movement in Funds Asat1 Novèmber 2024 A$at31 October 202S Income Expenditure Unrestrictod funds General. Geneol unrestncted fund Restricted funds Restricted 19.241 19.984 113.8461 25.379 52.161 16.166 111.3761 56.951 Total funds 36.150 125 2221 82.330 Asat1 November 2023 Asat31 October 2024 Income Expendlture Unrestricted funds Genera General unrestricted fund Restricted funds Reslricled 20.214 12.101 113.0741 19.241 41.962 16,099 15,9001 52.161 Total fiinds 62.176 28.200 118.9741 71.402 13. Transactions with Trustees During the year the expenses 1mburSed to the trustees or paid direcuy to third parties were a5 follows". 202$ 2024 14. Related Party Disclosures Page 17
Hinckley & District Museum CIO Detsiled Statement of Financial Activities For The Year Ended 31 October 2025 202S 2024 Total funds Total funds INCOME AND ENDOWMENTS FROM.. Donations and legacies Donations and gff(s Admissions Membership subscriptions Grants 15.585 2.146 21.821 1.931 2.121 1.950 13.900 33.752 25 702 Charitable Activities.. Operation of Museum Income from ¢haritable actNities Adijlt learning service Consultancy setvices PubSications, newsletters and journals 1.748 562 293 105 167 729 2,146 Other trading activities Shop incorlle 16S9 352 1.669 352 36,150 28 200 EXPENDITURE ON.. Raising funds Opening stock and work in prc>Jre5S Sundry expenses 15151 121 15151 121 Charitable Activities: Operation of Museum Purchases 11.9171 14411 Hinckley Historian Seeking donations, grants arld legacies Insurance Pnnling. postage and stationery Subscriptions Closing stock an# work In progress Rates 12341 13.0611 15481 16411 515 12.0261 12641 18421 372 12631 14.8141 111.9421 Light and heat Repairs and maintenance 14,3631 16,0641 . CONTINUEO Page 18
Hinckley & District Museum CIO Detsiled Ststement of Financial Activitiès Icontinuedl For The Year Ended 31 October 202S Exhibitions Telecommunications and data cost5 14731 17881 11.4501 13371 11421 16011 1401 11731 11.017} 19501 Accountancy fees Miscellaneous Tea room Collection care Talk Expense Service Contracts 14191 11731 14521 Depreciation of plant and machinery 124.7071 118 9721 125.2221 118 9741 NET INCOME 10 928 9.226 Page 19