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2022-03-31-accounts

Trustees
Mrs CCushing	-appointed	01.11.2016
Mr 8J Parker	-appointed	13.12.2019
Mr R Garside	-appointed	18.12.2017
Mr 5 W Lovell-Huckle	-appointed	12.03.2018
Miss G Kenth	-appointed	01.11.2016
Mr J W Hanson	-appointed	11.03.2019
Independent Examiner
J W Hinks LLP
Chartered Accountants
19Highfield Road
Edgbaston
Birmingham
West Midlands
8153BH
Bankers
Barclays Bank
15Colmore Row
Birmingham
83 28H

							2022	2021
					Unrestricted	Restricted	Total	Total
					fund	funds	funds	funds
				Notes	f	E	E	E
INCOME AND ENDOWMENTS			FROM
Donations	and legacies			2	24,519	71,440	95,959	181,507
Charitable	activities
Charitable	activities				22,503		22,503	2,229
Other trading activities					7,164		7,164	1,229
Investment	income				46,759		46,759	47,093
Total					100,945	71,440	172,385	232,058
EXPENDITURE ON
Charitable	activities
Charitable	activities				114,065	93,880	207,945	146,949
NET INCOME/(EXPENDITURE)					(13,120)	(22,440)	(35,560)	85,109
RECONCILIATION OF FUNDS
Total funds	brought	forward			116,204	1,484,725	1,600,929	1,515,820
TOTAL FUNDS CARRIED FORWARD					103,084	1r462,285	1,565,369	1,600,929

					2022	2021
			Unrestricted	Restricted	Total	Tata I
			fund	funds	funds	funds
		Notes	E	E	E	E
FIXEDASSETS
Tangible assets		12	14,830	711,830	726,660	735,147
Heritage assets		13		750,454	750,454	750,454
Investments
Investments		14	15		15	15
Investment property		15			1
			14,845	1,462,285	1,477,130	1,485,616
CURRENT ASSETS
Debtors		16	13,871		13,871	6,312
Prepayments	and accrued income		9,164		9,164	8,277
Cash at bank			87,789		87,789	117,309
			110,824		110,824	131,898
CREDITORS
Amounts falling due within one year		17	(22,585)		(22,585)	(16,585)
NET CURRENT	ASSETS		88,239		88,239	115,313
TOTAL ASSETS LESSCURRENT LIABILITIES			103,084	1,462,285	1,565,369	1,600,929
NET ASSETS			103,084	1,462,285	1,565,369	1,600,929
FUNDS		19
Unrestricted funds					103,084	116,204
Restricted funds					1,462,285	1,484,725
TOTALFUNDS					1,565,369	1,600,929

DONATIONS AND LEGACIES
	2022	2021
	f	E
Donations	2,260	11,071
Gift aid	1,182	2 132
Grants	92,517	168,304
	95,959	181,507
OTHER TRADING ACTIVITIES
	2022	2021
	E	E
Income from trading	6,464	229
Consulting	700	1,000
	7,164	1,229
INVESTMENT INCOME
	2022	2021
	E	E
Rental income	46,755	47,093
Bank interest receivable	4
	46,759	47,093

											2022	2021
								Activity			f	E
Museum	income							Charitable	activities		22,503	2,229
CHARITABLE ACTIVITIES						COSTS
										Direct	Support
										Costs (see	costs (see
										note 7) E	note 8) f	Totals E
Charitable	activities									124,343	83,602	207,945
DIRECT COSTS OF CHARITABLE								ACTIVITIES
											2022	2021
											f	f
Staff costs											70,477	60,111
Exhibition	costs										4,309	321
Equipment		and materials									33,291	13,324
Professional		and	consultancy				fees					500
Marketing	and publicity										2,591	1,753
Web and	graphic		design								13,557	3,378
Interest payable			and similar charges								118	7
											124W3	79,394
SUPPORT	COSTS
									Information	Support	Governance
									technology E	costs E	costs f	Totals f
Charitable	activities								19,092	62,510	2,000	83,602
Support costs, included					in the above, are as follows:
											2022	2021
											Charitable	Total
											activities	activities
											f	E
Repairs and		renewals									19,092	17,707
Staff and volunteer				training							1,583	348
Insurance											6,202	6,343
Utilities											10,927	10,748
Office costs											12,523	5,689
Sundry											7,954	5,394
Professional		fees									7,111	3,810
Depreciation		oftangible				fixed assets					16,210	15,516
Examiner's	fees										2,000	2,000
											83,602	67,555

			2022	2021
			E	E
Depreciation	—owned	assets	16,209	15,516

STAFF COST	S
					2022f	2021 E
Wages and	salaries				67,927	59,208
Social security costs					1,289
Other pension costs					1,261	903
					70,477	60,111
The average	monthly	number	ofemployees	during the year was as follows:
					2022	2021
Management	and administration				3	4

TANGIBLE FIXEDASSETS
	Freehold	Office	Computer
	property	equipment	equipment	Totals
	E	E	E	E
COST
At 1April 2021	839,754	33,515	10,611	883,880
Additions		4,822	2,900	7,722
At 31March 2022	839,754	38,337	13,511	891,602
DEPRECIATION
At 1April 2021	131,840	14,277	2,616	148,733
Charge for year	12,596	2,287	1,326	16,209
At 31March 2022	144,436	16,564	3,942	164,942
NET BOOK VALUE
At 31March 2022	695,318	21,773	9,569	726,660
At 31March 2021	707,914	19,238	7995	735,147

HERITAGE ASSETS
	Total
	E
MARKET VALUE
At 1April 2021and 31March 2022	750,454
NET BOOK VALUE
At 31March 2022	750,454
At 31March 2021	750,454

FIXEDASSET INVESTMENTS
	Shares in
	group
	undertakings
	E
MARKET VALUE
At 1April 2021and 31March 2022	15
NET BOOK VALUE
At31March 2022	13
At 31March 2021	15

DEBTOR	S:AMOUNTS	F	ALLING DUE WITHIN ONE YEAR
				2022	2021
				E	E
Trade debtors				3,964	2,090
Amounts	owed by group		undertakings	1,868	566
VAT				8,039	3,656
				13,871	6,312
CREDITORS: AMOUNTS			FALLING DUE WITHIN ONE YEAR
				2022	2021
				E	E
Trade creditors				15,793	6,365
Social security and other			taxes	1,691	1,102
Accruals	and deferred	income		5,101	9,118
				22,585	16,585

	2022	2021
	E	E
Within one year	936	624
Between one and five years	2,392	2,392
	3,328	3,016

MOVEMENT IN	F	U	ND	S
								Net
								movement	At
							At 1.4.21	in funds	31.3.22
							E	E	E
Unrestricted funds
General fund							116,204	(13,120)	103,084
Restricted funds
Coffin Works fund							1,480,520	(18,235)	1,462,285
Historic England	fund						3,750	(3,750)
The Esme Fairbairn			Foundation		supported
by the Museums		Association					455	(455)
							1,484,725	(22,440)	1,462,285
TOTAL FUNDS							1,600,929	(35,560)	1,565,369
Net movement in		funds, included				in the above are as follows:
							Incoming	Resources	Movement
							resources	expended	in funds
							E	E	E
Unrestricted funds
General fund							100,945	(114,065)	(13,120)
Restricted funds
Coffin Works fund								(18,235)	(18,235)
Historic England	fund						1,250	(5,000)	(3,750)
The Esme Fairbairn			Foundation		supported
by the Museums	Association							(455)	(455)
Birmingham City	Council ARG Grant						15,340	(15,340)
Culture Recovery		Fund					21,100	(21,100)
Culture Recovery		Fund		—Continuity
Support Grant							33,750	(33,750)
							71,440	(93,880)	(22,440)
TOTAL FUNDS							172,385	(207,945)	(35,560)

							Net
							movement	At
						At 1.4.20	in funds	31.3.21
						f	E	E
Unrestricted funds
General fund						20,219	95,985	116,204
Restricted funds
Coffin Works fund						1,495,601	(15,081)	1,480,520
Historic England	Emergency			Heritage at
Risk Fund							3,750	3,750
The Esme Fairbairn		Foundation			supported
by the Museums	Association						455	455
						1,495,601	(10,876)	1,484,725
TOTAL FUNDS						1,515,820	85,109	1,600,929
Comparative net	movement			in funds, included		in the above are as follows:
						Incoming	Resources	Movement
						resources	expended	in funds
						E	E	E
Unrestricted funds
General fund						144,742	(48,757)	95,985
Restricted funds
Coffin Works fund							(15,081)	(15,081)
National Lottery	Heritage		Fund		(Covid
Emergency)						16,999	(16,999)
Historic England	Emergency			Heritage at
Risk Fund						3,750		3,750
Arts Council England		Emergency			Response
fund						12,235	(12,235)
The Esme Fairbairn		Foundation			supported
by the Museums	Association					20,850	(20,395)	455
Greater Birmingham		and	Solihull		Local
Enterprise Scheme						1,195	(1,195)
Arts Council Grant						32,287	(32,287)
						87,316	(98,192)	(10,876)
TOTALFUNDS						232,058	(146,949)	85,109