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2022-01-31-accounts

24 February	Serrell’ Mark Dennis and Phillip Serrell, ‘In Conversation with Philip
27 April	Martin Cherry, ‘Bridging the Divide.’ Letters from Segregated America’
	Mark Dennis, rjohn the Planter: The FirstNoble Grand
11 May	Master’
25 May	Susan Snell, ‘Bartholomew Ruspini: introducing the Generous Dentist’
8 June	Martin Cherry, ‘Illustrating freemasonry: the frontispieces of the books ofconstitutions’
	Susan Snell and Cohn Jones, ‘in conversation with Cohn
19 September	Jones’

NCIAL ACTIVITIES FOR T	HE YEAR END	ED 31 JANUAR	Y 2022
		Unrestricted	Restricted
		Funds 2022	Funds 2022	Total Funds 2022	TotalFunds 2021
	Note
Income from	ref.	£	£	£	£
Donations Charitable activities Income from investments Other	2 3	1055299 9,515 35,350	2000 - -	1057,299 9,515 35,350	998,611 7,371 29,865
		125	-	125	2,641
Total
Expenditure on		1,100,289	2,000	1,102,289	1,038,488
Raising Funds (including cost ofgoods sold) Charitable activities Other	4 5-8 &13	64,317 932,299	- -	64,317 932,299	35,385 1,263,549
		12,194	-	12,194	8,531
Total
Profit ofsale ofbusiness		1,008,811	-	1,008,811	1,307,465
Net gains on investments Net incomel(expenditure) Transfer between funds		93,539 185,018 2,000	- 2,000 (2,000)	93.539 187,018 -	1,362 (267,616) -
Net movement in funds Reconciliation offunds		187,018	-	187,018	(267,616)
Total funds brought forward at 1 February Total funds carried forward at 31 January	15,16	1,542,046 1,729,064	- -	1,542,046 1,729,064	1,809,661 1,542,046

IBRARY AND MUSEU	M BALA	NCE SHEETS	AS AT 31 JANU	ARY 2022
			Heritage
		Operating	and
		and Other	Exhibition
		Assets 2022	Assets 2022	Total 2022	Total 2021
	Note	£	£	£	£
Fixed assets	ref.
Tangible fixed assets Investments	9 10	21972 1,148,429	651,164 -	673.136 1,148,429	779,420 1,054,775
Total fixed assets		1,170,401	651,164	1,821,565	1,834,795
Currentassets
Debtors Cash at bank and in hand	11	18,522 122,464	- -	18,522 122,464	42,351 107,957
Total current assets Liabilities		140,986	-	140,986	150,308
Creditors:Amounts falling due within one year	12	(91,313)	-	(91,313)	(145,182)
Total net current assets		49,673	-	49,673	5,126
Defined benefit pension scheme liability	14	(142,175)	-	(142,175)	(297,275)
Total netassets		1,077,900	651,164	1,729,064	1,542,046
The funds ofthe charity
General Reserves		1,077,900	-	1,077,900	793,899
Heritage and Exhibition Reserves Total charity funds	15,16	- 1,077,900	651,164 651,164	651,164 1,729,064	748,747 1,542,046

	Total funds	Totalfunds
	2022	2027
Cash flows from operating activities:	£	£
Net cash (not provided) by operating activities	(18,377)	(311,962)
Cash flows from investing activities
Disposal oftangible fixed assets
Purchase of tangible fixed assets Netcash used in investing activities	- (2351) (2,351)	- (78,950) (18,950)
Cash flowsfrom financing activities:
Dividends and interest from investments Proceeds from sale of investments Purchase ofinvestments Net cash froml (used) in financing activities	35,350 420,472 (420,587) 35,235	29.865 433,823 (566,784) (103,096)
Change in cash and cash equivalents in the reporting period	14,507	(434,008)
Cash and cash equivalents atthe beginning ofthe reporting period	107,957	541,965
Cash and cash equivalents atthe end ofthe reporting period	122,464	107,957
Net incomel(expenditure)forthe reporting period (as perstatement offinancial activities)	187,018	(267,616)
Adjustments for:
Depreciation charges Gains on investments Dividends and interest from investments Decrease/(increase) in debtors (Decrease) in creditors Netcash (not provided) by operating activities	108,634 (93,539) (35,350) 23,829 (208,969) (18,377)	107,789 (7,362) (29.865) (375) (120,594) (371,962)

		NOTES TO THE CONSOLIDATED ACCOUNTS (Continued)	NOTES TO THE CONSOLIDATED ACCOUNTS (Continued)	NOTES TO THE CONSOLIDATED ACCOUNTS (Continued)
2	DONATIONS AND LEGACIES				2022	2021
	Donations:				£	£
	United Grand Lodge Other donations and Government Grants	of England income including The Friends ofthe Museum - furloughed staffcosts			1000000 6,251 51048	865,045 5,444 128, 122
					1,057,299	998,611
3	INCOME FROM INVESTMENTS				2022	2021
					£	£
	Dividends				35,350	29,865
					35,350	29,865
			Direct	Apportioned	2022	2021
			costs	support costs	Total	Total
4	RAISING FUNDS		£	£	£	£
	Investment management costs Fundraising		8,189 -	56,128	8,189 56,128	7747 28.238
	Total		8,189	56,128	64,317	35,385
5	CHARITABLE ACTIVITIES
	Exhibitionsandtours Cataloguing and conservation Library and museum acquisitions Provision ofresearch resources Awareness raising Governance costs		15,310 5,291 10,240 - 19,563 4,081	512,801 95,494 13,651 120,265 135,602	528,112 100,785 23,891 120,265 155,165 4,081	737.370 737,134 51,535 274,774 723,129 6,327
	Total		54,485	877,814	932,299	1,263,549

	term projects organising archive material. All volunteers sign a Volunt claim theirtravel expenses.	eer Policy. They ar	e entitled to
7	STAFF COSTS	2022	2021
	(LibraryandMuseum Charitable Trust)	£	£
	Salaries and miscellaneous payments Employer’s national insurance contributions Contributions to the defined benefit pension scheme:	536,222 44,926	614,834 54,128
	Total contributions in the year Actuarial adjustment recognised in change in Funds forthe year Contributions to the defined contribution pension scheme Life assurance contributions Reimbursements from other companies	180,741 (155,100) 33,960 6,228 (3,000)	783,305 (155700) 47,089 4,650 (3,000)
	Total staffcosts	643,977	739,906
	The average monthly number ofstaffwas 13 (2027:21).

£60	,000. Those e	moluments	fell within the £90,000-10	0.000 band.
				2022	2027
				£	£
Key	management	personnel	cost	390,175	379,778

TANGIBLE FIXED ASSETS
		Library and	Library and
		Museum	Museum
		heritage and	computers,
	Exhibition	exhibition	furniture &
	space costs	assets	fittings	Total
Cost	£	£	£	£
At 1 February 2021 Disposal	894,000 -	251,480 -	377,981 *	1,523,461 -
Additions in year At31 January2022 Depreciation	- 894,000	2,351 253,831	377,981	2,351 1525,812
At 1 February 2021 Disposal	397,333 -	- -	346,708 -	744,041
Charge foryear At 31 January 2022	99,333 496,667	-	9,301 356,009	- 108,634 852,676
Net book value
At31 January2022	397,333	253,831	21,972	673,136
At3lJanuanj2O2l	496,667	251,480	31,273	779,420
Summary oftransactions in Museum heritage and		exhibition assets
Yearended	31.1.22	31.1.21	31.1.20	31.1.19
Acquisitions in the year	£ 2,351	£ 438	£ 768	£ 7,747

		Market		Market
	Cost	value	Cost	value
	2022	2022	2021	2021
	£	£	£	£
UK listed investments Non-UK listed investments Cash	628,687 220,006 68,804	716,823 362,802 68,804	547,343 189,045 180,401	657,522 222,852 780,401
Total Investments	917,498	1,148,429	916,789	7,054,775
		2021		2020
Market value as at 1 February Net monies invested Netgains on investments		£ 1054,775 115 93,539		£ 920,452 732,961 7,362
Market value as at 31 January		1,148,429		1,054,775

11	DEBTORS	2022	2021
		£	£
	Prepayments Donations Sundry debtors	8,495 469 9,558	12,846 6,767 22,744
		18,522	42,351
12	CREDITORS	2022	2021
		£	£
	Trade creditors Sundry creditors Accruals HM Revenue & Customs-PAYE HM Revenue & Customs-NI	- 80,151 4,813 2,732 3,617	29,633 88,538 70807 7,207 8,997
		91,313	745,182

The provision for this pension deficit fundin in the year are set out below.	g and the movements
	2022	2021
Opening balance Remeasurement	£ 297,275 -	£ 452,375
Payments in the year Balance at 31 January	(155,100) 142,175	- (755,100) 297,275

25 November 2022