2023-03-31-accounts

			Page
Report ofthe	Trustees	1	to	8
Independent	Examiner's Report
Statement of	Financial Activities		10
Balance Sheet		11	to	12
Notes to the Financial Statements		13	to	23
Detailed Statement of Financial Activities		26	to	27

Registered office	Registered office
The Coffin Works
13 - 15Fleet Street
Birmingham
83 1JP
Trustees
R Garside		-appointed	18.12.2017
A M French		-appointed	01.06.2023
THasker		-appointed	01.06.2023
R J Ellis Hayes		-appointed	01.06.2023	-resigned 17.11.2023
KJarrett		-appointed	01.06.2023
8J Parker		-appointed	25.12.2019
J W Hanson		-appointed	11.03.2019
5 W Lovell-Huckle		-appointed	12.03.2018
G Kenth		-appointed	01.11.2016	-resigned 01.06.2023
C Cushing		-appointed	01.11.2016	-resigned 01.06.2023
Independent	Examiner
J W Hinks LLP
Chartered Accountants
19Highfield Road
Edgbaston
Birmingham
West Midlands
8153BH

							2023	2022
					Unrestricted	Restricted	Total	Total
					fund	funds	funds	funds
				Notes	E	E	E	f
INCOME AND ENDOWMENTS			FROM
Donations	and legacies				14,813	976	15,789	95,959
Charitable	activities
Charitable	activities				52,315		52,315	22,503
Other trading activities					8,037		8,037	7,164
Investment	income				50,903		50,903	46,759
Total					126,068	976	127,044	172,385
EXPENDITURE ON
Charitable	activities
Charitable	activities				141,886	15,535	157,421	207,945
NET INCOME/(EXPENDITURE)					(15,818)	(14,559)	(30,377)	(35,560)
RECONCILIATION OF FUNDS
Total funds	brought	forward			103,084	1,462,285	1,565,369	1,600,929
TOTAL FUNDS CARRIED FORWARD					87,266	1,447,726	1,534,992	1,565,369

				2023	2022
		Unrestricted	Restricted	Total	Tote I
		fund	funds	funds	funds
	Notes	E	E	E	E
FIXEDASSETS
Tangible assets	12	16,852	697,271	714,123	726,660
Heritage assets	13		750,454	750,454	750,454
Investments
investments	14	15		15	15
Investment property	15			1	1
		16&867	1,447,726	1,464,593	.1,477,130
CURRENT ASSETS
Debtors	16	9,830		9,830	13,871
Prepayments and accrued income		7,279		7,279	9,164
Cash at bank		74,674		74,674	87,789
		91,783		91,783	110,824
CREDITORS
Amounts falling due within one year	17	(21,384)		(21,384)	(22,585)
NET CURRENT ASSETS		70,399		70,399	88,239
TOTAL ASSETSLESSCURRENT LIABILITIES		87,266	1,447,726	1,534,992	1,565,369
NET ASSETS		87,266	1,447,726	i&534&992	1,565,369
FUNDS	19
Unrestricted funds				87&266	103,084
Restricted funds				1,447,726	1,462,285
TOTALFUNDS				1,534,992	1,565,369

4.	INVESTMENT	INVESTMENT	INCOME	INCOME
								2023	2022
								6	6
	Rental income							50,903	46,755
	Bank interest		receivable						4
								50,903	46,759
5.	INCOME	FROM		CHARITABLE ACTIVITIES
					Activity			2023f	2022 f
	Museum	income			Charitable	activities		52,315	22,503
6.	CHARITABLE ACTIVITIES COSTS
							Direct	Support
							Costs (see	costs (see'
							note 7) E	note 8) f	Totals 6
	charitable	activities					90,998	66,423	157r421
7.	DIRECT COSTS		OF CHARITABLE		ACTIVITIES
								2023	2022
								f	f
	Staff costs							72,251	70,477
	Exhibition	costs						7,821	4,309
	Equipment	and materials						4,830	33,291
	Marketing	and	publicity						2,591
	Web and	graphic		design				4,614	13,557
	Advertising							1,430
	Interest payable			and similar charges				52	118
								90,999	124,343

							Information	Support	Governance
							technology	costs	costs	Totals
							f	f	f	f
Charitable	activities						8,861	55,562	2,000	66,423
Support costs, included				in	the above, are as		follows:
									2023	2022
									Charitable	Total
									activities	activities-
									f	f
Repairs and		renewals							8,861	19,092
Staff and volunteer			training						167	1,583
Insurance									6,446	6,202
Utilities									11,744	' 10,927
Office costs									8,826	12,523
Sundry									6,422	7,954
Professional		fees							5,418	7,111
Depreciation		oftangible		fixed assets					16,539	16,210
Examiner's		fees							2,000	2,000
									66,423	83,602
NET INCOME/(EXPENDITURE)
Net income/(expenditure)					is	stated after charging/(crediting):
									2023 f	2022f
Depreciation		—owned assets							16,539	16,209
TRUSTEES' REMUNERATION						AND BENEFITS

HERITAGE ASSETS
		Total
		E
MARKET VALUE
At 1April 2022 and 31March 2023		750,454
NET BOOK VALUE
At 31March 2023		750,454
At 31March 2022		750,454
Newman Brothers Museum
The collections maintained	by the charity are not capitalised,

FIXEDASSET INVESTMENTS
	Shares in
	gl oup
	undertakings
	E
MARKET VALUE
At 1April 2022 and 31March 2023	15
NET BOOK VALUE
At 31March 2023	15
At 31March 2022	15

DEBTOR	S:AMOUNTS FALLING DUE WITHIN ONE YEAR
		2023	2022
			f
Trade debtors		1,919	3,964
Amounts	owed by group undertakings	4,943	1,868
VAT		2,968	8,039
		9,830	13,871

CREDITO	RS: AMOUNT	S FALLING DUE WITHIN ONE YEAR
			2023	2022
			E	E
Trade creditors			12,677	15,793
Social security and other taxes			1,687	1,691
Accruals	and deferred	income	7,020	5,101
			21,384	22,585

	2023	2022
	E	E
Within one year	936	936
Between one and five years	1,586	2,392
	2,522	3,328

MOVEMEN	T	IN FUNDS
				Net
				movement	At
			At 1.4.22	in funds	31.3.23
			E	f	f
Unrestricted		funds
General fund			103,084	(15,818)	87,266
Restricted	funds
Coffin Works		fund	1,462,285	(15,082)	1,447,203
Ironbridge	fund			523	523
			1,462,285	(14,559)	1,447,726
TOTALFUN	DS		1,565,369	(30,377)	1,534,992

						Incoming	Resources	Movement
						resources E	expended f	in funds E
Unrestricted	funds
Generalfund						126,068	(141,886)	(15,818)
Restricted funds
Coffin Works	fund						(15,082)	(15,082)
Ironbridge fuhd						976	(453)	523
						976	(15,535)	(14,559)
TOTALFUNDS						127,044	(257/22)	(30,377)
Comparatives	for movement				in funds
							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		Emergency		Heritage at
Risk Fund						3,750	(3,750)
The Esme Fairbairn			Foundation		supported
by the Museums		Association				455	(455)
						1,484,725	(22,440)	1,462,285
TOTALFUNDS						1,600,929	(35,560)	1,565,369

					Incoming	Resources	Movement
					resources	expended	in funds
					f	f	f
Unrestricted funds
General fund					100,945	(114&065)	(13,120)
Restricted funds
Coffin Works fund						(18,235)	(18,235)
Historic England	Emergency		Heritage at
Risk 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)