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2022-10-31-accounts

REGISTERED COMPANY NUMBER: 02925721 (England and Wales) REGISTERED CHARITY NUMBER: 1049003

Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 October 2022

for

Ken Hawley Collection Trust

Royston Parkin Limited 2 President Buildings Savile Street East Sheffield South Yorkshire S4 7UQ

Ken Hawley Collection Trust

Contents of the Financial Statements for the year ended 31 October 2022

Page
Report of the Trustees to8
Independent Examiner's Report 9
Statement of Financial Activities 10
Statement of Financial Position IIto12
Notes to the Financial Statements 13to20

Ken Hawley Collection Trust (Registered number: 02925721)

Report of the Trustees for the year ended 31 October 2022

The trustees who arc also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 October 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) ( effective I January 2019).

Page I

Ken Hawley Collection Trust (Registered number: 02925721)

Report of the Trustees for the year ended 31 October 2022

OBJECTIVES AND ACTIVITIES Objectives and Aims Public Benefit Statement

The area of benefit for the charity is primarily Sheffield and its environs where it seeks to advance the education of the public in the history and development of tools and toolmaking in Sheffield and its environs. The charity seeks to effect public benefit through a range of objects which include the following key elements:

(a) To preserve, maintain, house, repair and secure curatorship and exhibition of the collection of tools and related objects

(b) To provide for the establishment, acquisition, management, maintenance, improvement, extension and support of museums, galleries, libraries and other places within Sheflield and its environs where educational research and enquiry and the exchange and dissemination of relevant views and information may happen

(c) To acquire, conserve, restore and repair exhibits, objects, and collections

(d) To present, promote, organise, provide, manage, and produce exhibitions, etc which are conducive to the advancement of education

(e) To promote, encourage or undertake research and to collect and disseminate information on all matters affecting the said objects and to exchange such information with other bodies having similar objects whether in this country or overseas and to publish the useful results thereof

(f) To promote, encourage or undertake research and to collect and disseminate infonnation on all matters affecting the said objects and to exchange such infonnation with other bodies having similar objects whether in this country or overseas and to publish the useful results thereof

The Trust does not have any paid employees in furtherance of those objects

it has sought to have a work programme supported by approximately 20-25 volunteers which seeks to deliver a range of services providing a wide range of benefits in accordance with the charity's objects.

Since moving to the site of Kelham Island Museum in 2010 the Trust has been able to provide open access to its Collection for all who wish to access it.

Involvement in the Collection's development and maintenance has also been encouraged locally through opportunities for volunteering. The Trust does not charge directly for access to the Collection save where access might be for commercial purposes.

The review he low provides information as to how the Trust has sought to support its principal ohjects during the year.

In the previous year, the trustees had agreed to seek the nomination by the volunteers of one of their number to the Board of Trustees, with the aim of improving communication and linkages between the volunteers and trustees. This was given effect by the addition of Bob Harris to the trustees, and he has sought to ensure better two way communication with the volunteers. It was also agreed to pursue changes to reduce the present workload of the Chair, but this continues to be an lSSUC.

Page 2

Ken Hawley Collection Trust (Registered number: 02925721)

Report of the Trustees for the year ended 31 October 2022

OBJE CTI VE S A ND ACTI V ITI E S

As in previous years, the ability of the Trust to focus on the Collection and its public interface was greatly aided by the supportive cooperation from the trust operating Kclham Island Museum. In return for being able to make the Collection available as an addition to the public offer from Kelham Island Museum, they continue to provide the housing, insurance and associated infrastructure costs for the Collection. The novated agreement with Sheffield Museums Trust has ensured the continuation of the relationship albeit both sides have agreed that the arrangement should be reviewed at some stage.

General fundraising continues to provide a challenge but our general needs outside of the lottery funded projects have been sustained. With the recognition of the successful digitisation parts of our work and the

increasing size of our collection database there have been consequential impacts in our need to invest more in IT and associated costs. We were pleased to receive generous support once again from the Worshipful Company of Builders Merchants.

Page 3

Ken Hawley Collection Trust (Registered number: 02925721)

Report of the Trustees for the year ended 31 October 2022

OBJECTIVES AND ACTIVITIES

Review of the Year

The year started with a return to full normality following the previous two years of pandemic affected service. Thankfully the Trust did not see any loss of volunteers during the pandemic, but the passing of time meant that two or three volunteers ceased regular attendance through ill health from other causes or because they felt they had reached a point where 'full retirement' beckoned. Sadly during the year one of our volunteers of long standing, Mike McVeigh, died suddenly. He was also a trustee and his contribution to both roles is sadly missed.

Although slightly delayed by the pandemic our HLF project, Name on the Knife Blade reached its conclusion on 31 December 2021 which was the agreed revised project end date with the Heritage Lottery Fund. The outcomes of the project were reported in our report last year as the evaluation report was available. This was accepted by HLF, and the grant retention sum was paid over quickly at the end of the project.

The successful project had identified that there was still work to do in completing the work on the knives we held in the Collection. The project had focused solely on the table knife element of the collection, and it was felt that we should submit a further bid for lottery support to both celebrate the city's knife heritage as well as digitising the remaining data covering essentially spring and pocket knives. The opportunity was also taken to tie in the forthcoming 200th anniversary of the first element of the Joseph Rodgers' Year Knife being created. This knife is regarded as one of the treasures if Sheffield with its c2,000 blades incorporated in the one knife and has been in the care of the trust as a loan item from Stanley Black & Decker for a number of years. The desire to ensure that the knife remained within the city led to discussions being initiated with the owners about the long term ownership of the knife and we were pleased that the result of those discussions led to the transfer of ownership to the trust after Stanley Black & Decker agreed to gift the Y car Knife to the trust.

A further bid for support from what was now known as the National Lottery Heritage Fund (NHLF) was submitted during the spring of 2022 and it proved to be quickly supported by the NLHF with the award of over £40k for a project entitled 'Sheffield Treasures' for the period I September 2022 to 31 July 2024. The approved project focuses on a range of outcomes:

Side by side with this project work the general activities of the trust in ensuring that it is able to use the collection to meet its overall ohjectives has continued and this is illustrated below.

Page 4

Ken Hawley Collection Trust (Registered number: 02925721)

Report of the Trustees

for the year ended 31 October 2022

ACHIEVEMENT AND PERFORMANCE

Activities and Collection Development

The Collection's MODES database continued to grow as a result of the lottery projects but also through other elements of the Collection having been a focus for some of our volunteers. We have for example integrated the records concerning the Toolbank Collection which is entrusted to our care as well as the Barley Saw Collection curated by its owner, Simon Barley and another of our volunteers. The work on the Barley collection continues adding in saws owned by the Trust itself. We have also sought to add further access to some of the film we have on elements of the collection through editing material for addition to our YouTube channel.

The Hawley Collection YouTube channel expanded in content. It features the video and presentation material around the knife project, and also other video material in the Collection showing craft skills related to tool manufacture and information about the Collection. By the year end the channel had 75 videos available with a total of77,896 views recorded (previous year 2020/21 was 93,185) and watch time of 7,030 hours (previous year 2020/21 was 8,458). The year saw an increase in subscribers to the channel of 92 (previous year 2020/21 was I, 115), so that by the end of the year subscriber numbers totalled 2,698. The reach of the channel continued to show a large percentage of views from overseas locations, particularly from the USA (33%). 66% of the watch time was by people aged 45 and older although this was down from 73% in the previous year.

As in previous years, the most popular video in terms of number of views was Making Files by Hand featuring a demonstration by Ken Hawley; it attracted 10,319 views during the year. However the video attracting the longest average viewing time was a film of a lecture given by Barry Chambers entitled 'A Tale of Two Diamonds' which featured William 722. Marples & Sons; it also had the most views in the year for a lecture -

The online version of the knife database continued to build up its audience with a total of 40,811 users during the year across 49,922 sessions. From the database website going live in May 2020 to 31 Oct 2022 it registered 118,254 users and 145,000 sessions. As with the YouTube channel there were significant numbers of users from overseas locations, especially from the USA, Australia, and Canada. It is also clear from the increasing enquiries we are receiving that the knowledge of the database is now quite widespread and has led to an increase in our enquiry volume but also in the offer of donations to the Collection. As the additional entries being made as part of the 'Shetlield Treasures' project we feel the database will grow to become the definitive source on Sheffield knives.

These successes will inform our future strategy with respect to making the Collection more widely available and we are actively starting to consider how the lessons learned from the knife database n particular might be applied to our wider collection holdings, in particular there is a need to consider how we might make the contents of our MODES collection database more publicly available.

Material from the Collection continues to be loaned and on display in the Millennium Gallery Metalwork Gallery, in the Weston Park Museum and at the Tronhridge Gorge Museum.

Visitors and enquiries

Our public interface at the Museum has also been high on our concerns and the volunteers are keen to ensure that our combination of temporary exhibitions supported by lectures is refreshed on a regular basis to expose the scale and width of our Collection. During the year our temporary exhibitions programme included: "Tale of Two Diamonds the story of the Bayliss family at Marples

11 Micrometers

11 File Making

The permanent display area now dedicated to knife making was also completed following the lottery project.

Page 5

Ken Hawley Collection Trust (Registered number: 02925721)

Report of the Trustees

for the year ended 31 October 2022

There is a surprising appetite still for formal lectures and presentation on aspects of the collection, but we arc not limited to it being hear by the 40-60 who might attend in person; recording and adding the lectures as a film on our You Tube channel opens up the content to hundreds of other listeners/viewers who are not just local but worldwide.

As noted in previous years, we were delighted to receive positive comments about the Collection and the access now afforded to the Collection by being displayed at Kelham Island Museum. Post pandemic physical visits have picked up and it is pleasing that visitors often comment on the enthusiasm of our volunteers when they have the opportunity to engage with them.

Clearly web access to knowledge of our work and other visitor information has grown in importance and the trust are conscious that the website is now dated and in need of upgrade when resources are available to address that challenge. There is still an interest in more traditional means of communication and to that end a Trust Newsletter was put together by one of our trustees for wider circulation to our stakeholders.

FINANCIAL REVIEW

Reserves policy

The policy of the trust is to ensure adequate reserves are held to ensure the continuation of the trust's basic operations for future years. Within the current needs of the Trust such reserves need only to be modest as there are limited contractual liabilities given we have no paid staff, and our buildings overheads are supported by our arrangement with Sheffield Museums Trust.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by

guarantee, as defined by the Companies Act 2006.

Recruitment and appointment of new trustees

At present the Trust does not have a formal written policy for the recruitment and appointment of new trustees, but the Board of Trustees has established the practice ofreviewing its membership from time to time. The membership of the Board comprises a wide variety of experience drawn from industry, higher education, local government, commerce and the heritage sector, and includes senior management and operational expertise which matches the knowledge and skills required to support delivery of the Trust's operations.

Following a number of changes to trustees it has also been agreed in principle to move towards retirement by rotation and amendments to the governing document will be brought forward in due course to give effect to the principle.

Organisationa] structure

The day to day management of the charity is delegated by the trustees to Mr Keith Crawshaw.

Induction and training of new trustees

An induction programme for new trustees' endeavours to develop personalized opportunities and sessions with experienced trustees and volunteers to introduce the work of the Trust.

Future development of the Trust's governance

There is a continuing concern that as the Trust has grown, the work of the Chair has grown and that there is a need to consider a better distribution of duties and responsibilities. Support has been sought from Museums Development Yorkshire to provide external input and that was intended to proceed in the new financial year.

Page 6

Ken Hawley Collection Trust (Registered number: 02925721)

Report of the Trustees for the year ended 31 October 2022

STRUCTURE, GOVERNANCE AND MANAGEMENT Future development of the Trust's governance

The Trust has begun a review its governance to ensure effective succession planning and management of the affairs of the Trust, including the role, duties and responsibilities of the Chair.

The trustees confirm they have complied with the duty in section 17(5) of the 2011 Charities Act to have due regard to guidance published by the Charity Commission.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

02925721 (England and Wales)

Registered Charity number

1049003

Registered office

Kelham Island Museum Alma Street Sheffield South Yorkshire S3 8RY

Trustees

DE Eaton D Hawley Mrs J Tear K Crawshaw M Pye (resigned 4.4.23) R Jewitt J Warner M McVeigh (deceased 6.4.22) E Hawley C Petty (resigned 9.5.23) F Elliott N Duggan (appointed 24.5.22) R Harris (appointed 1.5.22)

Independent Examiner

Royston Parkin Limited 2 President Buildings Savile Street East Sheffield South Yorkshire S4 7UQ

Page 7

Ken Hawley Collection Trust (Registered number: 02925721)

Report of the Trustees 31 October 2022 for the year ended

REFERENCE AND ADMINISTRATIVE DETAILS

Bankers

CAF Bank Ltd 25 Kings Hill Avenue Kings Hill West Malling Kent MEl94JQ

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by order of the board of trustees on 18 July 2023 and signed on its behalf by:

K Crawshaw - Trustee

Page 8

Independent Examiner's Report to the Trustees of Ken Hawley Collection Trust

Independent examiner's report to the trustees of Ken Hawley Collection Trust ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 October 2022.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In canying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

I ha\'e completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or

  2. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

  3. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

l have no concen1S and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Mrs L Pridmore

Royston Parkin Limited 2 President Buildings Savile Street Fast Sheffield South Yorkshire S4 7UQ

18 July 2023

Page 9

Ken Hawley Collection Trust

Statement of Financial Activities for the year ended 31 October 2022

Unrestricted
Restricted
funds
fund
Notes
£
£
INCOME AND ENDOWME'TS FROM
Donations and legacies
2
3,895
Charitable activities
4
Sharpening Links
3,935
Shefield Treasure
22,136
Other tradingactivities
3
552
(1)
Total
4,447
26,070
EXPENDITURE ON
Raising fnds
20
Charitable activities
Charitable Activity Costs
5,373
Sharpening Links
1,745
Other
415
Total
5,393
2,160
NET INCOME/(EXPENDITURE)
(946)
23,910
RECONCILIATION OF FUNDS
Total funds brought forward
15,485
8,711
TOTAL FUNDS CARRIED FORWARD
14,539
32,621		 2022
Total
funds
£
3,895
3,935
22,136
551
30,517
20
5,373
1,745
415
7,553
22,964
24,196
47,160		 2021
Total
fnds
£
2,981
240
468
3 689
229
2,245
7,733
4 257
14,464
(10,775)
34,971
24 196

The notes form part of these financial statements

Page 10

Ken Hawley Collection Trust (Registered number: 02925721)

Statement of Financial Position 31 October 2022

Unrestricted

funds
Notes
£
FIXED ASSETS
Tangible assets
8
Heritage assets
9
CURRENT ASSETS
Cash at bank and in hand
14,569
CREDITORS
Amounts flling due within one year
10
(30)
NET CURRENT ASSETS
14,539
TOTAL ASSETS LESS CURRENT
LIABILITIES
14,539
NET ASSETS
14,539
FUNDS
12
Unrestricted funds
Restricted funds
TOTAL FUNDS		 Restricted
fnd
£
415
10,950
11,365
21,256
21,256
32,621
32,621		 2022
Total
funds
£
415
10,950
11,365
35,825
(30)
35,795
47,160
47,160
14,539
32,621
47,160		 2021
Total
funds
£
830
10,950
11,780
18,015
(5,599)
12,416
24,196
24 196
15,485
8,711
24 196

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2022 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

The notes form part of these financial statements

continued ...

Page 11

Ken Hawley Collection Trust (Registered number: 02925721)

Statement of Financial Position - continued 31 October 2022

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 18 July 2023 and were signed on its behalf by:

K Crawshaw - Trustee

The notes form part of these financial statements

Page 12

Ken Hawley Collection Trust

Notes to the Financial Statements for the year ended 31 October 2022

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS I 02, have been prepared in accordance with the Charities SORP (FRS I 02) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) ( effective I January 2019)', Financial Reporting Standard I 02 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds. it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings Straight line over 3 years Computer I Software Straight line over 3 years

All tangible fixed assets are included at cost. No valuation has taken place, nor is a valuation expected to take place in the foreseeable future.

Any item deemed to have a useful life of at least I year is considered for capitalisation. The charity does not use a de minimis threshold for the purposes of identifying fixed asset additions.

Heritage assets

The Charity purchased Designated Collection Acquisitions of specific value during the year. These are shown on the Statement of Financial Position at cost price and have not been depreciated as the Charity does not believe that there is likely to he a decrease in value.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Page 13

continued ...

Ken Hawley Collection Trust

Notes to the Financial Statements - continued for the year ended 31 October 2022

1. ACCOUNTING POLICIES - continued

Fund accounting

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

2. DONATIONS AND LEGACIES

3.

4.

DONATIONS AND LEGACIES
2022 2021
£ £
Donated services and facilities 3,895 2 981
OTHER TRADING ACTIVITIES
2022 2021
£ £
Shop income 551 468
INCOME FROM CHARITABLE ACTIVITIES
2022 2021
Sharpening Shefeld Total Total
Links Treasure activities activities
£ £ £ £
Grants 3,935 22,136 26,071 240

The Heritage Lottery Funded project, Sharpening Links, which started in 2019 and was scheduled to end in July 2021 was extended with approval to complete by 31 st December 2021. The evaluation report was submitted and approved enabling the release of the final 10% (£3,581) of the total approved grant of £36,700 (50% was received in 2019 and a further 40% in 2020). A further project entitled Sheffield Treasures was approved by what is now the National Lottery Heritage Fund in July 2022 for a total grant of £44,192 to cover a period from I September 2022 to 31 July 2024. The first 50%. £22,096 was paid in advance during the year with the remaining grant to be paid in two further instalments as for the previous project.

5. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

Depreciation - owned assets

----- Start of picture text -----
2022 2021
£ £
415 4 257
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continued ...

Ken Hawley Collection Trust

Notes to the Financial Statements - continued for the year ended 31 October 2022

6. TRUSTEES' REMUNERATION AND BENEFITS

Trustees' expenses

There was reimbursements for expenses in the year 2022 totalling £65[(] 2021 - £44[)] .

7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted
funds
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
2,981
Charitable activities
Sharpening Links
Othertrading activities
468
Total
3,449
EXPENDITURE ON
Raising funds
229
Charitable activities
Charitable Activity Costs
2,245
Sharpening Links
Other
Total
2,474
NET INCOME/(EXPENDITURE)
975
RECONCILIATION OF FUNDS
Total funds brought forward
14,510
TOT AL FUNDS CARRIED
FORWARD
15 485		 Restricted
fnd
£
240
240
7,733
4,257
11,990
(11,750)
20,461
8 711		 Total
funds
£
2,981
240
468
3 689
229
2,245
7,733
4,257
14,464
(10,775)
34,971
24 196

Page 15

continued ...

Ken Hawley Collection Trust

Notes to the Financial Statements - continued for the year ended 31 October 2022

8. TANGIBLE FIXED ASSETS

9.

TANGIBLE FIXED ASSETS
COST
At I November 2021 and
31 October 2022
DEPRECIATION
At I November 2021
Charge fr year
At 31 October 2022
NET BOOK VALUE
At 31 October 2022
At 31 October 2021
HERITAGE ASSETS
MARKET VALUE
At 1 November 2021 and
31 October 2022
NET BOOK VALUE
At 31 October 2022
At 31 October 2021
Fixtures
and
fittings
£
14,385
13,555
415
13,970
415
830		 Computer
_I_Software
£
6,000
6,000
6,000		 Totals
£
20,385
19,555
415
19,970
415
830
Total
£
10,950
10,950
10 950

continued ...

Page 16

Ken Hawley Collection Trust

Notes to the Financial Statements - continued 2022 for the year ended 31 October

10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Bank loans and overdrafts (see note 11)
Trade creditors
11.
LOANS
An analysis of the maturity of loans is given below:
Amounts flling due within one year on demand:
Bank overdrafts
12.
MOVEMENT IN FUNDS
Unrestricted funds
General fund
Designated Fund
Restricted funds
Restricted Fund
TOTAL FUNDS
Net movement in funds, included in the above are as fllows:
Unrestricted funds
General fund
Designated Fund
Restricted funds
Restricted Fund
TOTAL FUNDS		 2022
2021
£
£
3,069
30
2,530
30
5 599
2022
2021
£
£
3 069
Net
At
movement
At
1.11.21
in fnds
31.10.22
£
£
£
15,485
(1,418)
14,067
472
472
15,485
(946)
14,539
8,711
23,910
32,621
24,196
22,964
47,160
Incoming
Resources
Movement
resources
expended
in funds
£
£
£
3,895
(5,313)
(1,418)
552
(80)
472
4,447
(5,393)
(946)
26,070
(2,160)
23,910
30,517
(7,553)
22,964

Page 17

continued ...

Ken Hawley Collection Trust

Notes to the Financial Statements - continued for the year ended 31 October 2022

12. MOVEMENT IN FUNDS - continued

Comparatives for moyement in funds

Comparatives fr moyement in funds
Net
At movement At
1.11.20 in funds 31.10.21
£ £ £
Unrestricted funds
General fund 14,510 491 15,001
Designated Fund 484 484
14,510 975 15,485
Restricted funds
Restricted Fund 20,461 (11,750) 8,711
TOTAL FUNDS 34 971 (I~~o,~~775) 24 196
Comparative net movement in fnds, included in the above are as fllows:
Incoming
resources		 Resources
expended		 Movement
in fnds
£ £ £
Unrestricted funds
General fund 2,981 (2,490) 491
Designated Fund 468 16 484
Restricted fnds 3,449 (2,474) 975
Restricted Fund 240 (11,990) (11,750)
TOTAL FUNDS 3 689 (14,464) (0,775)

continued ...

Page 18

Ken Hawley Collection Trust

Notes to the Financial Statements - continued for the year ended 31 October 2022

12. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

A current year 12 months and prior year 12 months combined position is as follows:
At
1.11.20
£
Unrestricted funds
General fund
14,510
Designated Fund
14,510
Restricted funds
Restricted Fund
20,461
TOTAL FUNDS
34971
 Net
movement
At
in funds
31.10.22
£
£
(927)
13,583
956
956
29
14,539
12,160
32,621
12 189
47 160
47 160

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming
resources
£
Unrestricted funds
General fund
6,876
Designated Fund
1,020
7,896
Restricted fnds
Restricted Fund
26,310
TOTAL FUNDS
34206		 Resources
Movement
expended
in fnds
£
£
(7,803)
(927)
(64)
956
(7,867)
29
(14,150)
12,160
(22,017)
12 189

Page 19

continued ...

Ken Hawley Collection Trust

Notes to the Financial Statements - continued for the year ended 31 October 2022

13. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 October 2022.

14. GIFTS IN KIND

During the year accountancy services of £1,320 (2021 - £1,320) were provided to the charity as a donation. The services provided were at normal commercial tenns

Page 20