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|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<br>Examiner|||
|J W Hinks<br>LLP|||
|Chartered<br>Accountants|||
|19Highfield<br>Road|||
|Edgbaston|||
|Birmingham|||
|West Midlands|||
|8153BH|||
|Bankers|||
|Barclays Bank|||
|15Colmore Row|||
|Birmingham|||
|83 28H|||





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## 

||||||||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<br>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<br>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<br>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<br>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<br>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<br>funds|||||103,084|116,204|
|Restricted funds|||||1,462,285|1,484,725|
|TOTALFUNDS|||||1,565,369|1,600,929|





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|DONATIONS<br>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|





## 

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## 

||||||||||||2022|2021|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||Activity|||f|E|
|Museum|income|||||||Charitable|activities||22,503|2,229|
|CHARITABLE ACTIVITIES||||||COSTS|||||||
|||||||||||Direct|Support||
|||||||||||Costs (see|costs (see||
|||||||||||note 7)<br>E|note 8)<br>f|Totals<br>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<br>E|costs<br>E|costs<br>f|Totals<br>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|



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## 

|STAFF COST|S||||||
|---|---|---|---|---|---|---|
||||||2022f|2021<br>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<br>in|
||group|
||undertakings|
||E|
|MARKET VALUE||
|At 1April 2021and 31March 2022|15|
|NET BOOK VALUE||
|At31March 2022|13|
|At 31March 2021|15|





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|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<br>IN|F|U|ND|S||||||
|---|---|---|---|---|---|---|---|---|---|
|||||||||Net||
|||||||||movement|At|
||||||||At 1.4.21|in funds|31.3.22|
||||||||E|E|E|
|Unrestricted<br>funds||||||||||
|General<br>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<br>in||funds, included||||in the above are as follows:||||
||||||||Incoming|Resources|Movement|
||||||||resources|expended|in funds|
||||||||E|E|E|
|Unrestricted<br>funds||||||||||
|General fund|||||||100,945|(114,065)|(13,120)|
|Restricted<br>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<br>City|Council ARG Grant||||||15,340|(15,340)||
|Culture<br>Recovery||Fund|||||21,100|(21,100)||
|Culture<br>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<br>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<br>net|movement|||in funds, included||in the above are as follows:|||
|||||||Incoming|Resources|Movement|
|||||||resources|expended|in funds|
|||||||E|E|E|
|Unrestricted<br>funds|||||||||
|General fund||||||144,742|(48,757)|95,985|
|Restricted funds|||||||||
|Coffin Works fund|||||||(15,081)|(15,081)|
|National<br>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<br>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|



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