2022-03-31-accounts - National Justice Museum

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				Page
Reference and administrative		details ofthe Company,	its Trustees and advisers
Trustees' report				2-14
Independent	auditors' report	on the financial statements		15 - 18
Consolidated	statement offinancial activities			19
Consolidated	balance sheet			20
Company balance sheet				21
Consolidated	statement ofcash flows			22
Notes tothe	financial statements			23-45

		Reference	and administrative	and administrative		details ofthe Company,	details ofthe Company,
				forthe		year ended 31 March 2022
Trustees			S Campbell
			M Blair
			P Bowden,	Chair
			M Mellor (resigned			19May 2022)
			JSpencer
			His Honour	JTeare
			His Honour	R Chapple
			C Hastie
			ESomerville (formerly				Knight)
			N Williams
			E Chapman
			M Mathews
			H Emmett	(appointed			16September 2022)
			KJ McNamara		(appointed 16September 2022)
Company	registered
number			2866265
Charity registered
number			1030554
Registered		office	Shire Hall
			High Pavement
			Nottingham
			NG1 1HN
Chief executive officer			VReeves
Independent		auditors	PKF Smith	Cooper Audit Limited
			Statutory Auditors
			2 Lace Market Square
			Nottingham
			NG1 1PB
Bankers			National Westminster				Bank pic
			16South Parade
			Nottingham
			NG1 2JX
Solicitors			Nelsons
			Pennine House
			8 Stanford	Street
			Nottingham
			NG1 7BQ

				Unrestricted	Restricted	Total	Total
				funds	funds	funds	funds
				2022	2022	2022	2021
			Note	6	5		8
Income from:
Donations and legacies				205,481		205,481	502,470
Charitable activities				1,049,798	139,564	1,189,362	884,345
Other trading activities				117,264		117,264	9,555
Investments				512		512	399
Other income				745		745	240
Total income				1,373,800	139,564	1,513,364	1,397,009
Expenditure on:
Raising funds - other trading		activities	3	86,923		86,923	15,585
Charitable activities			7	1,299,029	153,346	1,452,375	1,348,678
Total expenditure				1,385,952	153,346	1,539,298	1,364,263
Net (expenditure)/income				(12,152)	(13,782)	(25,934)	32,746
Transfers between	funds		20	(14,155)	14,155
Net movement in	funds			(26,307)	373	(25,934)	32746
Reconciliation of	funds:
Total funds brought	forward			505,234	903,128	1,408,362	1,375,616
Net movement in funds				(26,307)	373	(25,934)	32,746
Total funds carried forward				478,927	903,501	1,382,428	1,408,362

	for th	e year ended 31 Nlarch 2022
			2022	2021
				6
Cash flows from operating	activities
Net cash used in operating	activities		86,867	195,680
Cash flows from investing	activities
Purchase oftangible and intangible fixed assets			(123,363)	(75,561)
Interest received			12	399
Net cash used in investing	activities		(123,351)	(75,162)
Change in cash and cash	equivalents in	the year	(26,384)	120,518
Cash and cash equivalents	at the beginning	ofthe year	837,648	717,130
Cash and cash equivalents	at the end of	the year	811,264	837,648
The notes on pages 23to 45 form part ofthese 8nancial statements

		Unrestricted	Total	Total
		funds	funds	funds
		2022 5	2022 5	2021f
Donations		20,297	20,297	1,046
JRSIncome		99,364	99,364	414,357
Other government	grants	50,000	50,000	79,321
Similar incoming	resources	35,820	35,820	7,745
		205,481	205,481	502470
Total2021		502470	502,470

			Unrestricted	Total	Total
			funds	funds	funds
			2022	2022	2021
			6	6
Trading	income
Sales			117,264	117,264	9,555
			117,264	117,264	9,555
Trading	expenses
Opening	stock		(16,740)	(16,740)	(18,072)
Closing	stock		11,434	11,434	15,740
Direct shop and cafe costs			(5,546)	(5,546)	(1,537)
Direct corporate costs			(28,864)	(28,864)	(985)
Deferred	tax - origination	and reversal of timing differences	(1,690)	(1,690)	1,547
Administrative expenses			(9,319)	(9,319)	(3,355)
Wages	and salaries		(33,357)	(33,357)	(8,91f)
Employers Nl			(2,261)	(2,261)	(587)
Fundraising trading expenses - Pensions			(580)	(580)	(151)
Depreciation					(174)
			(86,923)	(86,923)	(15,585)
Net income from trading		activities	30,341	30,341	(6,030)

		Unrestricted	Total	Total
		funds	funds	funds
		2022	2022	2021
		6	6
Investment	income	512	512	399
Total 2021		399	399

						Unrestricted	Restricted	Total	Total
						funds	funds	funds	funds
						2022	2022	2022	2021
						E	E	E
Admission fees						411,464		411,464	89,238
Rental Income						105,387		105,387	79,235
Schools and education			income			166,531	300	166,831	9,558
Foyle Foundation		income					35,000	35,000
National Portfolio		Organisations			income	244,416		244,416	244,415
Heritage Lottery Fund			income				2,000	2,000	228,598
ACE CRF Income						122,000		122,000	191,138
Esmee Fairbairn	income						65,841	65,841	18,928
Local Improvement		Scheme		income			2,167	2,167
Choices and Consequences				income			12,584	12,584	13,408
Art Fund income							21,672	21,672	9,828
						1,049,798	139,564	1,189,362	884,345
Total 2021						S13,308	271,037	884,345

		Unrestricted	Total	Total
		funds	funds	funds
		2022	2022	2021
		K	E
Consultancy	and other income	745	745	240
Total 2021		240	240

			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
			2022	2022 E	2022f	2021f
Cost	ofcharitable	activities	1,299,029	153,346	1,452,375	1,348,678
Total	2021		1,049,528	299,150	1,348,678

			Activities
			undertaken	Support	Total	Total
			directly	costs	funds	funds
			2022 K	2022 K	2022 6	2021f
Cost ofcharitable		activities	778,885	673,490	1,452,375	1,348,678
Total 2021			819,402	529,276	1,348,678
Analysis ofdirect		costs
				Cost of
				charitable	Total	Total
				activities	funds	funds
				2022	2022	2021
				6	6	6
Staff costs				558,085	558,085	690,748
Marketing				57,408	57,408	30,785
Exhibition				37,713	37713	49,166
Community				88,520	88,520	40,591
Education	and learning			37,159	37,159	8,112
				778,885	778,885	819,402
Total 2021				819,402	8'l9,402

		Cost of
		charitable	Total	Total
		activities	funds	funds
		2022	2022	202'I
		E	E
Staff costs		310,592	310,592	247,673
Depreciation	and amortisation	141,897	141,897	133,217
Office		126,328	126,328	112,692
Property		94,673	94,673	35,694
		673,490	673,490	529,276
Total 2021		529,276	529,276

				Group	Group	Company	Company
				2022	2021	2022	2021f
Wages and	salaries			844,895	875,767	811,538	865,578
Social security costs				45,936	56,874	43,675	55,874
Contribution	to defined	contribution	pension
schemes				14,044	16,033	13,464	15,869
				904,875	948,674	868,677	938,421

					Group	Group	Group	Company	Company	Company
						2022	2021	2022		2021
						No.	No.		No.	No.
Employees						66	72		66	72
The	number	of employees	whose	employee	benefits	(excluding	employer	pension	costs)	exceeded
f60,000was:

Group	Group
2022	2021
No.	No.

Intangible assets
Group and Company
	Website I
	Software
	Development
Cost
At 1 April 2021	30,960
Additions	31,121
At 31 March 2022	62,081
Amortisation
Charge for the year	6,225
At 31 March 2022	6,225
Net book value
At 31 March 2022	55,856
At 31March 2021	30,960

		Long-term		Fixtures,
	Freehold	leasehold	Office	fittings and	Heritage
	property	property	equipment	resources	assets	Total
	E	E	E	E	E	E
Cost &valuation
At 1 April 2021	1,684,671	1,210,892	404,359	76,983	290,882	3,667,787
Additions	6,100	25,494	36,686	9,807	14,155	92,242
At 31 March 2022	1,690,771	1,236,386	441,045	86,790	305,037	3,760,029
Depreciation
At 1 April 2021	1,488,399	940,829	356,580	44,434		2,830,242
Charge for the year	54,898	44,718	26,904	9,152		135,672
At 31 March 2022	1,543,297	985,547	383,484	53,586		2,965,914
Net book value
At 31 March 2022	147,474	250,839	57,561	33,204	305,037	794,115
At 31March 2021	196,272	270,053	47,779	32,549	290,882	837,545

				Fixtures,
	Exhibition	Leasehold	Office	fittings and	Heritage
	assets	improvements	equipment	resources	assets	Total
		E	E	E	E
Cost 8valuation
At 1 April 2021	1,684,671	1,210,892	372,638	76,983	290,882	3,636,066
Additions	6,100	25,494	36,686	9,807	14,155	92,242
At 31 March 2022	1,690,771	1,236,386	409,324	86,790	305,037	3,728,308
Depreciation
At 1 April 2021	1,488,399	940,828	324,859	44,434		2,798,521
Charge for the year	54,898	44,718	26,904	9,152		135,872
At 31 March 2022	1,543,297	985,547	351,763	53,586	-	2,934,193
Net book value
At 31 March 2022	147,474	250,839	57,561	33,204	305,037	794,115
At31March 2021	196,272	270,063	47,779	32,549	290,882	837,545

17.	Stocks forthe year ended 31	March 2022
		Group	Gmup
		2022	2021
		E
	Shop and corporate stock	11,434	16,740
18.	Debtors

			Group	Group	Company	Company
			2022 E	2021	2022 E	2021f
	Due within one year
	Trade debtors		34,471	19,288	29,182	18,166
	Amounts owed by group undertakings					2,429
	Other debtors		11,868	7,215	11,868	6,869
	Prepayments and accrued income		26,954	49,533	26,617	49,533
	Deferred taxation			1,690
			73,293	77,725	67,667	76,997
19.	Creditors: Amounts	falling due within one year

		Group	Group	Company	Company
		2022 E	2021f	2022 E	2021
Trade creditors		75,970	91,683	68,398	87,669
Amounts owed to group undertakings				9,368
Other taxation and social security		26,724	12533	15,962	12533
Other creditors		8,069	6,041	8,069	6,013
Accruals and deferred	income	252,771	282,000	238,142	269,349
		363,534	392,257	339,939	375,764

Statement offunds - current	year
					Balance at
	Balance at 1			Transfers	31 March
	April 2021	Income	Expenditure	in/out	2022
				8	5
Unrestricted funds
General Funds - all funds	336,734	740,756	(848,526)	9,476	238,440
Designated fund - NPO	68,938	244,416	(229,408)		83,946
Government grants	79,321	149,364	(99,364)		129,321
ACE CRF Grant	12,662	122,000	(121,731)		12,931
Reserves - subsidiary	7,579	117,264	(86,923)	(23,631)	14,289
	505,234	1,373,800	(1,385,952)	(14,155)	478,927
Restricted funds
Heritage Assets	290,882			14,155	305,037
HAC	47,943	300			48,243
HLF project	494,945	2,000	(84,681)		412,264
Biffa project	48,871		(6,900)		41,971
Choices and Consequences
project	10,659	12,584	(11,476)		11,767
Creative court - LIS		2,167	(2,167)
Art Fund Grant	9,828	21,672	(7,476)		24,024
Esmee Funding		45,841	(40,646)		5,195
Foyle Foundation		35,000			35,000
Museum Estate and
Development Fund —ACE		20,000			20,000
	903,128	139,564	(153,346)	14,155	903,501
Total offunds	1,408,362	1,513,364	(1,539,298)		1,382,428

Statement offunds - prior	year
					Balance at
		Balance at			31March
		1April 2020	income	Expenditure	202'I
				Z	E
Unrestricted funds
General Funds - all funds		382,166	187,185	(232,069)	337,282
Designated fund - NPO		44,638	244,416	(220,116)	68,938
Nottingham Contemporary	Grant	2,500		(2500)
Government grants			493,678	(414,357)	79,321
ACE CRF Grant			191,138	(178,476)	'12.662
Reserves - subsidiary		13,061	9,555	(15,585)	7,031
		442,365	1,125,972	(1,063,103)	505,234
Restricted funds
Heritage Assets		290,882			290,882
HAC		47,668	275		47,943
HLF project		538,930	228,598	(272,583)	494,945
Biffa project		55,771		(8,900)	48,871
Choices and Consequences	project		13,408	(2,749)	10,659
Art Fund Grant			9,828		9,828
Esmee Funding			'l8,928	(18,928)
		933,251	271,037	(301,160)	903,128
Total offunds		1,375,616	1,397,009	(1,364,263)	1,408,362

Summary offunds - cu	rrent year
					Balance at
	Balance at 1			Transfers	31 March
	April 2021	Income	Expenditure K	in/out f	2022 K
General funds	505,234	1,373,800	(1,385,9521	(14,155)	478,927
Restricted funds	903,128	139,564	(153,346)	14,155	903,501
	1,408,362	1,513,364	(1,539,298)		1,382,428

Summary offunds - prior year
				Balance at
	Balance at			31March
	1 Apdl 2020f	income f	Expenditure	2021
General funds	442,365	1,125,972	(1,063, 103)	505,234
Restricted funds	933,251	271,037	(301,160)	903,128
	1,375,615	'),397,009	(1,364,263)	1,408,362

Analysis	of net assets	between funds - curren	t year
			Unrestricted	Restricted	Total
			funds	funds	funds
			2022	2022	2022
			6	K	K
Tangible fixed assets			145,892	648,223	794,115
Intangible	fixed assets		29,141	26,715	55,856
Current assets			579,745	317,936	897,681
Creditors	due within one year		(274,161)	(89,373)	(363,534)
Provisions	for liabilities	and charges	(1,690)		(1,690)
Total			478,927	903,501	1,382,428

		Unrestricted	Restricted	Total
		funds	funds	funds
		2021	2021	2021
				6
Tangible	fixed assets	132,962	704,583	837,545
Intangible	fixed assets	30,960		30,960
Current assets		604,414	327,700	932,114
Creditors	due within one year	(263, 102)	(129,155)	(392257)
Ttl		505,234	903,128	1,408,362

										Group	Group
										2022	2021
										6
	Net income/expenditure			for the	year	(as	per	Statement	of Financial
	Activities)									(25,934)	32,746
	Adjustments	for:
	Depreciation	charges								135,672	133,517
	Amortisation	charges								6,225
	Decrease in	stocks								5,306	't,332
	Decrease/(increase)		in	debtors						4,433	(1,690)
	Increase in creditors									5,376	29,724
	Interest received									(12)	(399)
	Loss on disposal of		tangible fixed		assets						450
	Net cash provided		by	operating	activities					131,066	195,680
24.	Analysis of	cash and		cash equivalents
										Group	Group
										2022	2021
										6
	Cash in hand									811,264	837,648
	Total cash and cash equivalents									811,264	837,648