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||||Page||
|---|---|---|---|---|
|Report ofthe Trustees||1|to|9|
|Independent
Examiner's|Report||10||
|Statement ofFinancial Activities|||||
|Balance Sheet||12|to|13|
|Cash Flow Statement|||14||
|Notes to the Cash Flow|Statement||||
|Notes to the Financial Statements||16|to|26|
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|||||||2022|2021|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|||||fund|funds|funds|funds|
||||Notes|f,||||
|INCOME AND ENDOWMENTS||FROM||||||
|Donations
and legacies||||140,871|542,045|682,916|620,775|
|Charitable
activities||||||||
|Maintenance ofcollection||||4,675|135|4,810|500|
|Investment
income||||10||10|43|
|Other income||||100,162||100,162|66,399|
|Total||||245)718|542,180|787,898|687,717|
|EXPENDITURE ON||||||||
|Charitable
activities||||||||
|Maintenance ofcollection||||180,746|340,826|521,572|381,423|
|Other||||1,772|38~|40432|4,826|
|Total||||182)518|379486|561,904|386,249|
|NET INCOME||||63,200|162,794|225,994|301,468|
|Transfers
between
funds|||15|(4)606)|4,606|||
|Net movement
in funds||||58,594|167,400|225,994|301,468|
|RECONCILIATION|OF FUNDS|||||||
|Total funds brought
forward||||157,697|2,543,788|2,701,485|2,400,017|
|TOTAL FUNDS CARRIED FORWARD||||216+91|2,711,188|2,927,479|2,701,485|
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|||||2022|2021|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||fund|funds|funds|funds|
||Notes|||||
|FIXEDASSETS||||||
|Tangible
assets|11|211,026|2,670,773|2,881,799|2,466,013|
|Investments|12|I||I|1|
|||211,027|2,670,773|2,881,SOO|2,466,014|
|CURRENT ASSETS||||||
|Debtors|13|68)485|16,453|S4,938|109,162|
|Cash at bank and in hand||23,776|106~3|130,279|265,363|
|||92,261|122,956|215/17|374,525|
|CREDITORS||||||
|Amounts
falling due within one year|14|(86,993)|(82445)|(169,538)|(139,054)|
|NET CURRENT ASSETS||5,268|40)411|45)679|235,471|
|TOTAL ASSETSLESSCURRENT||||||
|LIABILITIES||216495|2,711,184|2,927,479|2,701,485|
|NET ASSETS||216/95|2,711,184|2,927,479|2,701,485|
|FUNDS|15|||||
|Unrestricted
funds||||216495|157,697|
|Restricted
funds||||2,711,184|2,543,788|
|TOTAL FUNDS||||2,927,479|2,701,485|
|||||2022|2021|
|---|---|---|---|---|---|
||||Notes|||
|Cash flows froin operating
activities||||||
|Cash generated
Irom operations||||313,710|314,406|
|Interest paid||||(501)||
|Net cash provided
by operating
activities||||313,209|314,406|
|Cash flows from investing|activities|||||
|Purchase oftangible
fixed|assets|||(456,117)|(217,460)|
|Interest received||||10|43|
|Net cash used in investing|activities|||(456,107)|(217,417)|
|Cash flows from financing|activities|||||
|Due &om Hollycombe
Retailing||||7,814|22,701|
|Net cash provided
by financing
activities||||7,814|22,701|
|Change
in cash and cash equivalents||in||||
|the reporting
period||||(135,084)|119,690|
|Cash and cash equivalents|at the|||||
|begianing ofthe reporting|period|||265463|145,673|
|Cash and cash equivalents|at the end|of||||
|the reporting
period||||130,279|265,363|
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|RECONCILIATION|RECONCILIATION|RECONCILIATION|OFNET INCOME TO NET CASH FLOW FROM|OFNET INCOME TO NET CASH FLOW FROM|OPERATING ACTIVITIES|OPERATING ACTIVITIES|
|---|---|---|---|---|---|---|
||||||2022|2021|
||||||f||
|Net income|for the|reporting||period (as per the Statement ofFinancial|||
|Activities)|||||225,994|301,468|
|Adjustments|for:||||||
|Depreciation|charges||||40432|4,826|
|Interest received|||||(10)|(43)|
|Interest paid|||||501||
|Decrease/(increase)||in|debtors||16,409|(8,657)|
|Increase in creditors|||||30,484|16,812|
|Net cash provided||by|operations||313,710|314,406|
|ANALYSIS|OF CHANGES|||IN NET FUNDS|||
|||||At 1.3.21|Cash flow|At 28.2.22|
|||||6|f.||
|Net cash|||||||
|Cash at bank|and in|hand||265463|(135,084)|130,279|
|||||265463|(135,084)|130479|
|Total||||265463|(135,084)|130,279|
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||||2022|2021|
|---|---|---|---|---|
|Donations|||51/92|21,577|
|Gift aid|||10406|1,938|
|Grants|||563,816|597,260|
|Gate receipts|||57/02||
||||682,916|620,775|
|Grants received,|included|in the above, are as follows:|||
||||2022|2021|
|HLF Resilience|Grant|||39,760|
|Coutts Grant||||5,000|
|COVID recovery|||||
|||||105,000|
|DCMS Grant|||436416|447,500|
|NHMF Lottery grant|||127,500||
||||563,816|597,260|
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||||||||||
|---|---|---|---|---|---|---|---|---|
|3.|INVESTMENT INCOME||||||||
||||||||2022|2021|
||Deposit account interest||||||10|43|
|4.|INCOME PROM CHARITABLEAC~S||||||||
||||||||2022|2021|
|||||Activity|||||
||Other income|||Maintenance|ofcollection||4,810|500|
|5.|~ABLEACTIVITIES COSTS||||||||
||||||||Support||
|||||||Direct|costs (see||
|||||||Costs|note 6)|Totals|
||||||||f,||
||Maintenance|ofcollection||||505,523|16,049|521,572|
|6.|SUPPORT COSTS||||||||
||||||||Governance||
|||||||Finance|costs|Totals|
|||||||||g|
||Maintenance|ofcollection||||4+77|11,072|16,049|
|7.|NET INCOME/(EXPENDITURE)||||||||
||Net income/(expenditure)||is|stated after charging/(crediting);|||||
||||||||2022|2021|
||Depreciation|- owned assets|||||40,331|4,826|
||Rent ofland||||||19,137|18,742|
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|9.|STAFF COSTS||||||
|---|---|---|---|---|---|---|
||||||2022|2021|
||Wages and salaries||||33,326|50,579|
||Social security costs||||428|298|
||Other pension costs||||608|931|
||||||34462|51,808|
||The average monthly
number ofemployees||during|the year was as follows;|||
||||||2022|2021|
||Museum
staff||||4|4|
||No employees
received emoluments|in excess of860,000.|||||
|10.|COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES||||||
|||||Unrestricted|Restricted|Total|
|||||fund|funds|funds|
||INCOME AND ENDOWMENTS|FROM|||||
||Donations
and legacies|||119,306|501,469|620,775|
||Charitable
activities||||||
||Maintenance ofcollection|||500||500|
||Investment
income|||43||43|
||Giber income|||66,399||66,399|
||Total|||186,248|501,469|687,717|
||EXPENDITURE ON||||||
||Charitable
activities||||||
||Maintenance
ofcollection|||199,323|182,100|381,423|
||Other|||1,571|3,255|4,826|
||Total|||200,894|185,355|386,249|
||NET INCOME/(EXPENDITURE)|||(14,646)|316,114|301,468|
||Transfers
between
funds|||40,742|(40,742)||
||Net movement
in funds|||26,096|275,372|301,468|
||RECONCILIATION
OF FUNDS||||||
||Total funds brought
forward|||131,601|2,268,416|2,400,017|
||TOTAL FUNDS CARRIED FORWARD|||157,697|2,543,788|2,701,485|
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|TANGIBLE FIXEDASSETS||||||
|---|---|---|---|---|---|
|||Buildings||Plant and|Steam|
|||&improvements||equipment|collection|
|||||f,||
|COST||||||
|At 1March 2021||1,132,879|||1,146,185|
|Additions||453/81|||2,000|
|Reclassification||116,871||61458||
|At 28 February 2022||1)703431||61/58|1,148185|
|DEPRECIATION||||||
|At 1 March 2021||6/87|||27,344|
|Charge for year||32,726||6,126|348|
|Reclassification/transfer||69|'|1431||
|At 28 February 2022||39,082||7,657|27,692|
|NET BOOKVALUE||||||
|At 28 February 2022||1,664449||53,601|1,120,493|
|At 28 February 2021||1,126,592|||1,118,841|
||Fixtures|Motor||Historical||
||&Fittings|vehicles||attractions|Totals|
|||||f,||
|COST||||||
|At 1March 2021|237,164|4,050||31/50|2/51,528|
|Additions|536||||456,117|
|Reelassificatio|(178,129)|||||
|At 28 February 2022|59,571|4,050||31,250|3,007,645|
|DEPRECIATION||||||
|At 1March 2021|46,059|4)050||1,775|85,515|
|Charge for year|1)131||||40331|
|Reclassification/transfer|(1,600)|||||
|At 28 February 2022|45,590|4,050||1,775|125,846|
|NET BOOKVALUE||||||
|At 28 February 2022|13)?81|||29,475|2,881,799|
|At 28 February 2021|191,105|||29,475|2,466,013|
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|MARKET VALUE|
|---|
|At
1 March 2021 and 28 February 2022|
|NET BOOK VALUE|
|At 28 February 2022|
|At 28 February 2021|
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|Nature ofbusiness: Sale ofmuseum
merc|Nature ofbusiness: Sale ofmuseum
merc|handise
and caf6|||
|---|---|---|---|---|
|Class ofshare||holding|||
|Ordinary||100|||
||||28.2.22|28.2.21|
||||f|f,|
|Aggregate|capital and reserves||403|(5,890)|
|Profit/(loss)|for the year||6&294|(5,891)|
|DEBTORS:AMOUNTS FALLING DUE WITHIN ONK YEAR|||||
||||2022|2021|
|Amounts
owed by group undertakings|||11,248|19,063|
|Other debtors|||59,809|70,968|
|VAT||||293|
|Prepayments|||13,881|18,838|
||||84,938|109,162|
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|CREDITORS: AMOUNTS FALLING D|UEONE|YEAR|||
|---|---|---|---|---|
||||2022|2021|
|Trade creditors|||37,008|33,920|
|Social security and other taxes|||1/47|561|
|VAT|||2/05||
|Other creditors|||120,529|98,496|
|Accrued expenses|||7449|6,077|
||||169,538|139,054|
|MOVEMENT IN FUNDS|||||
|||Net|Transfers||
|||movement|between|At|
||At 1.3.21|in fLmds|funds|28.2.22|
||||f,|f,|
|Unrestricted
funds|||||
|Genorel fund|157,697|63/04|(4,606)|216,295|
|Restricted
funds|||||
|Restricted|2,083,619|(406)||2,083413|
|Sawmill project
Emperor project|59,580
83/45|(3/38)
(48,938)||55,642
34,607|
|HLF Resilience|32@23|(25,017)||7/06|
|Mann Tmctor Fund|965|135||1,100|
|DCMS Grant|279,841|282440|2,867|565,048|
|Coutts Grant|3/15|||3415|
|New bioscope building||(501)|1499|898|
|NHMF Lottery grant||(340)|340||
|Culture Recovery Fund for Heritage:|||||
|Emergency
Resource Support||(40,545)||(40,545)|
||2,543,788|162,790|4,606|2,711,184|
|TOTAL FUNDS|2,701,485|225,994||2/27, 479|
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||||Incoming|Resources|Movement|
|---|---|---|---|---|---|
||||resources|expended|in funds|
||||f.|||
|Unrestricted
funds||||||
|General fund|||245,718|(182,514)|63,204|
|Restricted
funds||||||
|Resnicted||||(407)|(407)|
|Sawmill project|||3,681|(7,619)|(3,938)|
|Emperor project||||(48,938)|(48,938)|
|HLF Resilience||||(25,016)|(25,016)|
|Mann Tractor Fund|||135||135|
|DCMS Grant|||436,316|(153F6)|282440|
|New bioscope building||||(501)|(501)|
|NHMF Lottery grant|||102,045|(102/85)|(340)|
|Culture Recovery Fund for Heritage:||||||
|Emergency
Resource Support||||~40,548)|~40
45)|
||||~542 180|~379 90|~162790|
|TOTAL FUNDS|||~787 898|~561904)|225,994|
|Comparatives
for movement|in funds|||||
||||Net|Transfers||
||||movement|between|At|
|||At 1,3.20|in funds|funds|28.2,21|
|Unrestricted
funds||||||
|General
fund||131,601|(14,646)|40,742|157,697|
|Restricted
funds||||||
|Restricted||2,099,840|(479)|(15,742)|2,083,619|
|Sawmill project||66,280|(1,700)|(5,000)|59,580|
|Emperor project||83,545|||83,545|
|HLF Resilience||18,751|34,172|(20,000)|32,923|
|Mann Tractor Fund|||965||965|
|DCMS Grant|||279,841||279,841|
|Coutts Grant|||3,315||3,315|
|||2468,416|316,114|40,742|2,543,788|
|TOTAL FUNDS||2,400,017|301,468||2,701,485|
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|||Incoming|Resources|Movement|
|---|---|---|---|---|
|||resources|expended|in funds|
|Unrestricted|funds||||
|General fimd||186/48|(200,894)|(14,646)|
|Restricted funds|||||
|Restricted|||(479)|(479)|
|SawmiU project|||(1,700)|(1,700)|
|HLF Resilience||39,760|(5,588)|34,172|
|Mann Tractor|Fund|9,210|(8,245)|965|
|DCMS Grant||447,499|(167,658)|279,841|
|Coutts Grant||5,000|(1,685)|3,315|
|||501,469|(185,355)|316,114|
|TOTAL FUNDS||687,717|(386,249)|301,468|
|||Net|Transfers||
|---|---|---|---|---|
|||movement|between|At|
||At 1.3,20|in Rnds|funds|28.2.22|
|||f.||f,|
|Unrestricted
funds|||||
|General fund|131,601|48,558|36,136|216,295|
|Restricted funds|||||
|Restricted|2,099,840|(885)|(15,742)|2,083,213|
|Sawmill project|66,280|(5,638)|(5,000)|55,642|
|Emperor project
HLF Resilience|83,545
18,751|(48,938)
9,155|(20,000)|34,607
7,906|
|Mann Tractor Fund||1,100||1,100|
|DCMS Grant||562,181|2,867|565,048|
|Coutts Grant||3,315||3,315|
|New bioscope buildmg||(501)|1,399|898|
|NHMF Lottery grant||(340)|340||
|Culture Recovery Fund for Heritage:|||||
|Emergency Resource Support||(40,545)||(40,545)|
||2,268,416|478,904|(36,136)|2,711,184|
|TOTAL FUNDS|2,400,017|527,462||2,927,479|
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||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
|Unrestricted
funds||||
|General fund|431,966|(383,408)|48,558|
|Restricted
funds||||
|Restricted|I|(886)|(885)|
|Sawmill project|3,681|(9,319)|(5,638)|
|Emperor project||(48,938)|(48,938)|
|HLF Resilience|39,759|(30,604)|9,155|
|Mann Tractor Fund|9,345|(8,245)|1,100|
|DCMS Grant|883,815|(321,634)|562,181|
|Coutts Grant|5,000|(1,685)|3,315|
|New bioscope building||(501)|(501)|
|NHMF Lottery grant|102,045|(102,385)|(340)|
|Culture Recovery Fund for Heritage:||||
|Emergency
Resource Support|3|(40,548)|(40,545)|
||1,043,649|(564,745)|478,904|
|TOTAL FUNDS|1,475,615|(948,153)|527,462|
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