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
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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 mil￿tary 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 ￿rr1e￿be￿ng 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 re￿iVed 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 connect￿0￿$ 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 appIl￿tiOn 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 f￿Or. 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
G￿yhOund 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 loc*ions 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 rI￿t 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
p￿e4

Hinckley & District Museum CIO
Trustees. Report Icontinuedl
For The Year Ended 31 October 2025
Aims and Objectives - continued
Benefits from supporteT5 shopp*r*g 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 pro￿ureS for the IndUCt￿n 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
H￿nckleY
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 fu￿11 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
LeI￿stershire
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 crabl￿e. 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¢c￿ntsnts 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