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2021-03-31-accounts

Reference and Administrative	Reference and Administrative	Details
Chair's Statement			2to4
Director's Report			5to 7
Trustees' Report			8to9
Independent Auditors'	Report		10to 13
Statement ofFinancial	Activities		14
Balance Sheet			15
Notes to the Financial	Statements		16to 28

				StBarbe Museum	StBarbe Museum	StBarbe Museum	and Art Gallery	and Art Gallery	and Art Gallery
				Reference and	Administrative				Details
Chair				SirJH de Trafford	BtMBE, Chair
Trustees				SirJH de Traf'ford	BtMBE, Chair
				Dr DFMackenzie
				P A Perry
				JA Millard
				DW Moulton
				TFrancis
				PN Williamson (retired		15		June 2021)
				JNeylon
				PBaker
				Professor TKing
				W Porter
				C Jones
				CFaint (appointed	15June			2021)
				SAlderson (appointed		14	September 2021)
				A Smith (appointed	14	September 2021)
				A Corbridge (appointed		14		September	2021)
Senior Management		Team		M Ragan, Museum	Director
Principal	Office			StBarbe Museum
				New Street
				Lymington
				Hampshire
				SO41 9BH
				The charity is incorporated				in England.
Company	Registration		Number	02793965
Charity Registration			Number	1018779
Bankers				Lloyds TSBpic
				39High Street
				Lymington
				Hampshire
				SO41 9ZF
Auditors				Westlake Clark Audit LLP
				7Lynwood Court
				Priestlands Place
				Lymington
				Hampshire
				SO41 9GA

(Including Inco	me an	d Expe	nditure Accoun	t and Statemen	t ofTotal Re	cognised Gains	and Losses)
			Unrestricted	Restricted	Endowment	Total	Total
			funds	funds	funds	2021	2020
		Note
Income and Endowments		from:
Grants, donations and
legacies		2	280,247	14,936		295,183	186,855
Charitable activities		3	46,971			46,971	95,516
Investment income		4					8,422
Other income		5	3,475			3,475	10,264
Total Income			330,693	14936		345,629	301057
Expenditure on:
Raising funds Charitable activities			~2)7,37)	~(4),696		~359,067	(17) ~(431,335
Total Expenditure			(217,371	(141,696		~(359,067	~431,352)
Net income/(expenditure) Transfers between funds			113,322 ~15,000)	(126,760)	15,000	(13,438)	(130,295)
Net movement in funds			98,322	(126,760)	15,000	(13,438)	(130,295)
Reconciliation offunds
Total funds brought
forward			88,558	1,580,617	50,414	1,719,589	1,849,884
Total funds carried	forward	17	186,880	1,453,857	65,414	1,706,151	1,719,589

			Balance Sheet as at 3	1March 2021
					2021	2020
				Note
Fixed assets
Tangible assets (including			Leasehold Improvements)	12	1,576,625	1,636,058
Investments				13	50,100	50,100
					1,626,725	1,686,158
Current assets
Debtors				14	19,943	34,073
Cash at bank	and in hand				179,212	67,327
					199,155	101,400
Creditors: Amounts		falling due within one year		15	(119,729)	~67,969)
Net current	assets				79,426	33,431
Net assets					1,706,151	1,719,589
Funds ofthe	charity:
Endowment	funds				65,414	50,414
Restricted funds					1,453,857	1,580,617
Unrestricted	income	funds
Unrestricted	funds				186,880	88,558
Total funds				17	1,706,151	1,719,589

Asset class		Depreciation	method and rate
Leasehold and leasehold	improvements	Over the remainder ofthe lease
Fixtures, fittings and equipment		15%straight	line basis
Computer equipment		25%straight	line basis
Gallery equipment		15%straight	line basis

2 Income from	grants, do	nations	and legacies
				Unrestricted	Restricted	Total	Total
			Designated	funds	funds	2021	2020
			K
Grants, including	capital grants;
Grants received			50,000	156,765	14,936	221,701	139,432
Donations and legacies;
Donations &om	trusts,
foundations and	statutory	bodies		10,146		10,146	1,047
Donations from	individuals			8,732		8,732	21,446
Gift aid reclaimed				35,381		35,381	3,236
Reimbursement ofstaff costs				19,223		19,223	21,694
			50,000	230,247	14,936	295,183	186,855

Income f	rom charitable activities
		Total	Total
		2021	2020
Patrons and-Friends ofStBarbe		33,996	52,574
Admission	income	6,927	25,339
Sponsorship		500	3,000
Workshops			2,917
Exhibitions		4,960	9,071
Exhibitors	entry fees	638	1,322
Education		(50)	1,293
		46,971	95,516

				Total	Total
				2021	2020
Interest receivable	and similar income;
Interest receivable on		bank deposits			308
Receipts &om investment		in trading	company		8,114
					8,422

Support costs	Support costs
		Unrestricted	Restricted	Total	Total
		funds	funds	2021	2020
Establishment	costs	39,355		39,355	42,239
Depreciation		122	62,666	62,788	62,438
Finance costs		3,019		3,019	4,050
Human resources		165,767		165,767	184,404
Contribution	from NLHF	(38,058)	38,058
Exhibition costs			27,912	27,912	85,726
Administration	costs	24,867	13,060	37,927	39,006
Information technology		9,320		9,320	2,909
Governance costs		8,563		8,563	4,404
Other support	costs	4,416		4,416	6,159
		217,371	141,696	359,067	431,335
Establishment	costs
This includes	costs such as rent, rates and insurance.
Depreciation
This includes	depreciation offixed assets.
Finance costs

overna	nce costs
				Unrestricted	Total	Total
				funds	2021	2020
Audit	ofthe financial	statements		1,200	1,200	1,200
Other	fees paid to auditors		(Accounts and payroll)	7,363	7,363	3 204
				8,563	8,563	4,404

Net outgoing res	ources for the year include:
		2021	2020
Property rent		4,399	6,059
Audit fees		1,200	1,200
Other non-audit	services	7,363	3,204
Depreciation of	fixed assets	62,788	62,438

2021	2020
No	No

Staffcosts during the year were:
	2021	2020
Wages and salaries	156,862	167,514
Social security	6,820	9,636
Pension	2,462	3,068
	166,144	179,858

11Auditors' remuneration
	2021	2020
Audit ofthe financial statements	1,200	1,200
Other fees to auditors
All other non-audit services (Accounts and payroll)	7,363	3,204

12 Tangible fixed assets
	Long	Fixtures,
	leasehold	fittings and	Computer	Gallery
	improvements	equipment	equipment	equipment	Total
Cost
At 1April 2020	1,560,841	187,716	27,826	610	1,776,993
Additions		1,460	1,895		3,355
At 31March 2021	1,560,841	189176	29,721	610	1,780,348
Depreciation
At 1April 2020	62,434	56,315	21,942	244	140,935
Charge for the year	31,217	28,270	3,179	122	62,788
At 31March 2021	93,651	84,585	25,121	366	203,723
Net book value
At 31March 2021	1,467,190	104,591	4,600	244	1,576,625
At 31March 2020	1,498,407	131,401	5,884	366	1,636,058

	Shares in group undertakings and participating interes	ts
		Subsidiary
		undertakings	Total
'	Cost
	At 1April 2020	100	100
	At 31March 2021	100	100
	Net book value
	At 31March 2021	100	100
	At 31March 2020	100	100
	Other investments
		Listed
		investments	Total
	Cost or Valuation
	Additions	50,000	50,000
	At 31March 2021	50,000	50,000
	Net book value
	At 31March 2021	50,000	50,000

Details oft follows:	he inve	stments	in	which th	e charity holds 20%	or more ofthe n	ominal value of any class ofshar	ominal value of any class ofshar	e capital ar	e capital ar	e as
					Country of		Proportion ofvoting rights		Principal
Undertaking					incorporation	Holding	and shares held		activity
							2021	2020
Subsidiary	undertakings
The StBarbe Trading Company
Limited company		registration		number					Running		gift
02934921 Registered ofice:		StBarbe Museum,			England	Ordinary	100%	100%	shop Barbe	at	St
New Street,	Lymington,		Hampshire,						Museum
SO41 9BH

14 Debtors
	2021	2020
Trade debtors	1,940	2,544
P repayments	8,177	7,682
Accrued income	7,160	20,863
Other debtors	2,666	2,984
	19,943	34,073

15 Creditors:	amounts	falling due within one year
			2021	2020
Trade creditors			15,388	11,598
Due to trading	company		28,013	23,973
Other taxation	and social	security	10,201	3,852
VAT grant repayable			(1,290)	2,023
Other creditors			2,605	1,040
Pension scheme creditor			597	1,358
Accruals			21,965	24,125
Deferred income			42,250
			119,729	67,969

17 Funds
				Balance at 1	Incoming	Resources		Balance at31
				April 2020	resources	expended	Transfers	March 2021
				K
Unrestricted	funds
General
General Funds				88,558	280,693	(217,371)	(15,000)	136,880
Designated
Designated	Fund				50,000			50,000
Total Unrestricted			funds	88,558	330,693	(277,3713	~(15,000	186,880
Restricted funds
The Future	for	St	Barbe Fund
(Leasehold	improvements)			1,564,469	14,936	(141,696)		1,437,709
Coin Hoard	Fund			16,148				16,148
Total restricted		funds		1,580,617	14,936	~141,696		1,453,857
Endowment	funds
Expendable
Endowment	Fund			50,414			15,000	65,414
				50,414			15,000	65,414
Total funds				1,719,589	345,629	~(359,067		1,706,151