Company Registration Number 3488337 Charity Registration Number 1068540 THE PRIEST'S HOUSE MUSEUM TRUST Annual Report and unaudited Financial Statements for the Year Ended 31 March 2024 A Jolly Day by In Jolly Good Company al Ihe Museum of E8sI Dorsel. Indoor and outdoor sessions encourage people to slay physically healthy and promote better h&allh. Phologr8ply." Brenl Jone$
The Priest's House Museum Trust Contents of the Financlal Ststements for.th8 Yaar Ended 31 March 2024 Page Report of the Trustees Independent Examiner's Report statement of Financial Activities Balance Sheet Notes to Ihe Financlal Ststements 3-25 26 27-28 29 3040
The Priest's House Museum Trust Report of the Trustees for the Year Ended 31 March 2024 The Truste8s, who ar8 also directors of the charity for the purposes of thg Companies Act 2006, present thelr report wlth the financial statements of the charity for the year ended 31 March 2024. The Trustees have adopted the provlsions of Accountlng and Reporting by Charitles: Statement of Recommended Practice applicable to charltles preparing Iheir accounts In accordance with the Flnancl81 Reporting Standard applicable In the UK and Republic of Ireland (FRS 102) (January 2022). OBJECTIVES AND ACTIVITIES The Charlty's purposes are set out in the objects contalned in the Memorandum and Artlcles of Assoclatlon of the Priest's House Museum Trusl. The Trust's objects are: 1) To advanc6 educatlon for the publlc benefit, in partlcular but not excluslvely In the archaeology and soclal hlstory of Wlmbome and East Dorset as told through Its heritage, landscapes and stories of the people in the area; 2) To provlde and malntaln a mus8um and Informatlon servlce at the property known as the Prlest's House In Wlmbome or such other bulldlngs. and In pursult of that object.. to borrow and loan artefacts and archlves relating to the area: to manage, document, conserve and safeguard the museum collections and holdings: to exhlblt, Interpret and provide public acces8 to Ihe museum collections and holdings: to provide learning experiences and actlvlti8s for the public; to provide exhibitlons, conferences, workshops and other events; to research, promote and publish studies of the area; to provide an informatlon servlce to the public. 3) To undertake any other charltable purpose.
The Priest's House Museum Trust Report of th6 Trustees for the Year Ended 31 March 2024 INTRODUCTION The Museum of East Dorset is the cultural hub and place to visit to leam more about the hlstory of the area. It Is an Arts Councll England Accredlt6d Museum. Its collectlons include rare and unlque exhibits of local and national significance, whlch preserve and c81ebrate the culture and stories of the local peop18 from prehistory to the present day. The Museum of East Dorset rlghtly has a reputation for excellence in its schools, programmes. It engages with the local communlty through changlng exhibitions, events and outreach and offers enjoyment, learning and Inspiration to visitors of all ages. The museum and information centre are housed in a Grade Il. Ilsted bulldlng, whlch dates from late Ellzabethanlearly Jacobean times, with Its ovm heritage-planted walled garden. The mus8um is located opposite the Minster Church in Wimborne. VISION, MISSION, VALUES Vlslon Hilda Coles, vlslon for her rnuseum, 1960: In the best sense of the word, a 'llve' museum- a centr6 of education and culture, continually changing Its dlsplays and appealing to chlldren as well as to adults. (Western Gazette, 2 Decembar 1960). Vlslon 2021 . 2025 We asplre to celebrate our rlch herltage through a vlbrant museum and cultural hub whlch connects people with the past and offers enjoymant, leamlng and inspiration to vlsltors of all ages. Mlsslon To become a dynamlc heritage and cultural centre for all, and a quality attractlon in the area. We wlll achleve thls through the followlng objectlves: 1. Provlde a compelllng value-for-money experlence for all ages whlch gen8rates r8peat visit8 and recommendations. 2. Help people to dlscover, share and engage wlth the storl8s of East Dorset on slte and dlgitally 3. Improve collections care, management and knowledge 4. Develop our understanding and relationship with different communities in East Dorset and beyond 5. Diversrfylincrease income streams from Museum of Easl Dorset and East Dorset Informatlon Centre 6. Ensure staff and volunteers are appreclated and supported to effectlvely deliver their roles 7. Improve efflciency of operadons, ensurlng key processes, procedures and infonnation are readily accessible.
The Priest's House Museum Trust Report of the Trustees for the Year Ended 31 March 2024 Valu8s and behavlours Celebrate East Dorset's heritage and culture by providing a sense of communlty and place Deliv&r a WOW 8xperience through our museum services for all ages Embrace change: be open-minded to the posslbllftles It brlngs Creale welcoming and safe spaces of interaction. partlclpation and engagement - face to face and onllne Be imaglnatlve and Innovatlve; create fun wherever possible Offer auth8ntic, knowledge-based growth and learnlng opportunltles Build open and honest relationships which respect people, through communlcations Bulld a posltlve team splrit wlth all stakeholders B8 acc8sslble and Inclusive In all we do Stay true to Hilda's vlsion to be there for future generatlons REVIVAL PROJECT The Revlval ProJ8Ct formally closed on 31. December 2023, wlth all fvnding comlng to an end. The project has seen 80 many chang&s and Improvements to the museum and we are extremely grateful to the Natlonal Lottery Herltage Fund for Its support. REVIVAL PROJECT ACTIVITY PLAN We successfvlly completed the actlons and activltles assoclated with the Revlval Project Acllvlty Plan. These had been d8slgned to enable exlstlng and target audlences to Increas6 th81r understandlng of local heritage, whlle helplng to develop civlc prlde, self-worth and empowerment. STRATEGY AND FUTURE PLANS In our flnal year of the Inlual Forward Plan 2022 - Aprll 2024, everyone worked hard to dellver actions desplte challenges, Includlng changes In staffing. It was encouraglng to see efforts undertaken over the past two years to encourag8 more famllles Into the museum culminating in the May The Toys Be with You exhibition. This saw an Incredlble 94Yo Increase In family visitors. Followlng uncertalnty around levels of fundlng from Dorset Council, we were very pleased to have been awarded a £45,OQOlyear grant for th8 next three years. The maximum grant avallable was £50,000 so this is a testament to the high level of cultural and communtty value we deliver. However, thls grant Is significantly loweT than the previous grant, based on our r81at]onshlp wlth East Dorset District Council, where we received £70,OOOlyear. Even though the entlre museum team worked together to drive income generation, the extemal sltuatlon remalns extremely challenging. Many museums whlch have had large renovation projects Ilke ours have also falled to see the forecasted boost of vlsltors and Income, due lo a changed 8conomic climate post-covid. The new Business Plan, to be approved in autumn 2024, will address this challenge and provlde a new direction to support the financlal sustainability of the museum. Looking forward to 202415. we Intend to apply for a new grant from the Natlonal Lottery Heritage Fund to fund a Fundraising Consultant. It is vital we have a comprehenslve Fundraising Strategy for
The Priest's House Museum Trust Report of the Trustees for the Year Ended 31 March 2024 the museum, to address current limitations and ensure the museum has the necessary funds to deliver the Trust's charitable objectives now and in the future. With the successful completion of the Revival Project, we will undertake a review of our staff structure. This review will ensure clear role definitions and a structure that supports efficient museum operations. While the external environment presents ongoing challenges, we remain a flexible and adaptable organisation. We are committed to continuous improvement and will make strategic adjustments as needed to ensure the museum's long-term success. The Trust will continue to align its aims with those of its key strategic partners.. Arts Council England, National Lottery Heritage Fund {NLHF) and Dorset Council. The museum is grateful for the financial contribution it receives from Dorset Council through the Service Level Agreement, which provides vital funds to support our work. Despite challenges, in February 2024 Ihe museum received the Silver award in the highly competitive Visit Dorset Small Visitor Attraction of the Year category. This came with extremely positive feedback from the judging process: "A fascinating and engaging museum, full of an eclectic mix of objects from bones of an Iron Age man to a collection of Valentine cards. A wonderful resource for the area and local community. It provides an entertaining insight into the past and is thoroughly engaging for all ages and levels of interest." )15et People During this reporting period, there have been several staff changes at the museum. We said goodbye to Wendy Read as Curator and welcomed Rob Gray as Collections and Experience Manager. Jackie Morgan, an accountant, joined the staff team as Finance Manager. We extended Annika Lennox in her fixed-term role as Visitor Experience and Operations Officer, to enable us to complete further essential compliance and Health and Safety work. With Saturday Tea Toom
The Pnest's House Museum Trust Report of the Trustees for the Year Ended 31 March 2024 Asslstant Megan Wintle leaving for University. Olivia Bannister. a local student, Joined us. Megan will continue to provide cover for Ihe Tea Room during holldays. The museum's continued success hinges on the dedication of our talented staff and the Invaluabla contributions of our nearfy 120 volunteers who donate thousands of hours each year, playlng a vltal role in achlevlng our vislon. We are commltted to fostering a strong volunteer programme that offers a varlety of opportunltles. Through volunteerlng. Indlvldu81s can: Utillse and develop valuable skills Become part of a vibrant museum community Enhance thelr personal wall-belng During the year, we were delighted lo have several volunteers recognlsed for thelr Incredlble achievements. Lynn Wlllmott, Volunteer Development volunteer won Dorset Museum Assoclatlons, Volunteer of the Year The Facllltles volunteer team was awarded a team award as Dorset Museum Assoclatlons. Volunteer of the Year The newly formed Remlnlscence Outreach volunteer tearn won Dorset Volunteer Centre's Andy Jacobs Award for Wellbelng and Mentsl Health in Volunte8ring The Leaming programme received the Sandford Award for Herltage Education, wlth Leamlng volunteers especially rnentionad by the evaluator for th& high-quality experlence they provide. We actively seak volunteers wlth speclallsed skllls who can make a posltlve impact. Thls year, our volunteer programme has expanded wlth new roles In Research, sacond-hand books, and a 'Green' volunteer team to reduce the museum'5 irnpact on the environmenl. Equallty, Dlverslty and Incluslon (EDI) The museum is firmly commilted to fosterlng an environment that Is welcomlng and accesslble to everyone. We b8llev6 that tha stor18s and experlences we share should resonate with all.memb8rs of our community, regardless of background, abillty, or Identlty. We alm to continuously improve the experience for visitors, beneficiaries and team members. Travellln To ether The museum secured a place on the Southwest Museum Development's new flagshlp programme, Travelllng Together.. Museum Joum8ys Towards Inclusion and Collaboration. We were one of only elght museums who successfully appllad to this scheme whlch focused on Equality, Dlversity and Inclusion, and Included comprehenslve tralnlng and a £1,500 grant. The programme aligned strongly with our ongoing commitment to creating a welcomlng and accessible 8nvironrnent for all. In-depth tralnlng sessions and workshops. attended by Mus8um Director. Chezzie Hollow, and a member of the Board of Trustees, equipped us with the necessary knowledge and tools to Implement effective EDI strategies. Our partlclpatlon facllitated collaboration with other museums In the South West region, enabling the exchange of best practices and the sharing of valuable
The Priest's House Museum Trust Report of the Trustees for the Year Ended 31 March 2024 experiences. This collaboration is particularly beneficial for smaller organisations like ours. where resources are limited. Fin81 ev81u8tion session.. Ch8zzie discu$se$ lh8 impact of the Tr8velling Togelherprogramme on our museum practices in an inleNiew conducl8d by Cultural Pmducer, Clare Ferdinando. Several valuable outcomes were achieved because of the programme, including.. Chezzie was selected as a project Champion, for which the museum received a £500 stipend. She developed and delivered a popular session titled "Not just ramps and lifts.. improving accessibility for busy museums" to a diverse audience of museum staff and volunteers across the Southwest region (and beyond) The £1,500 grant provided by the project enabled the museum to fund and create a filmed British Sign Language (BSL) tour. This project directly addresses the needs of Dldeaf and hard of hearing visitors, ensuring those who use BSL can access and enjoy the museum. We worked with renowned BSL guide John Wilson who has worked with major national museums. Filming and editing were dor)e by a local student studying post production for film and television at Solent University. The remainder of the grant enabled us to purchase a small portable hearing looplhearing amplification system. The system connects both to a hearing loop system for those with hearing aids and headphones for those without. This will be of particular benefit when delivering guided tours for visitors. Wilson John Wilson, helping us create a series of BSL signed lilms around the museum. We hope these will encourage a new 8udien¢e lo visit the museum. MUSEUM OF Welcome to.the Museum of EastiDorset l opposite Wimborne Minster
The Priest's Hous8 Museum Trust Report of the Trustees for thè Year Ended 31 March 2024 ress on accessiblli We are proud of the significant strides made in implementing our Access Plan, which ensures we conslder a wide range of access needs. Improvements made thls year include: Introductlon of a more accessible Tea Room experience with easy grip cutlery, double hand18d and dementia friendly mugs, coasteTS for the vlsually Impaired and large print menus. The creatlon of an AcGess Group, Inltlated by Chezzle, the Town Clerk and the BID Manager, as part of Ihe Coundl's Town Llalson Commlttee. Thls wlll s66 improvements made across Wimbome and wlll allow the museum to share Its speclallst acc&ss knowledge. Added hlgh vlslbllrty yellow stlckers on Interactlves and dlsplay case drawers, followlng advice from Dorset Blind Association. Provision of easy grip pencils and colouring pencils for children taking part in trails and craft actlvitles. Reduction of Ihe use of block capitals on the website making it easier to read, especially for those with dyslexia and sight Issues. Use of matte lamlnatlng pouches to reduce glare for those who are bllnd or vlsually Impalred. Introductlon of fre8 perlod products In tollets, In partnershlp wlth Wlmborne Food Bank. The Facllltles volunteer team has been very effectlve in resolvlng varlous access issues throughout th& museum. In May 2023, two hearing loops were installed in the Infomiation Centre and Tea Room. We now have a process for testlng these as well as the existlng loop In the Garden Room. The hearing loops are helpful not Just for vlsltors but also volunteers In those areas wlth hearfng alds. The team also played a crucial part in completing research for a wheelchair user access guide for the site, making it clear what size of wheelchair can access the museum, where doors are too narrow or where there are steps. This guide will be launched to visitors in 2024 and will go a long way to ensure the museum Is as accesslble and Incluslve as posslble. A new EDI action lan Bulldlng upon the success of the Access Plan, and the EDI tralning, we have Introduced a new Equily. Dlversity, and Inclusion (EDI) Action Plan, approved by the Board of Trustees. Thls focusas on creatlng a more Inclusive museum experience for both vlsitors, beneficiaries and intemal team members. Th6 plan outllnes a s8rles of concrete steps deslgned to: Embed EDI into core museum structures and processes Share our EDI vislon Reflect our local communlty Improve the representatlon of dlfferent communltles In the museum by findlng and sharlng currently hidden historles" Communicate our commltment to EDI These are storles and experl6nc&s from the past that have been overlooked, underrepresented, or even dellberately suppressed. These narratives often come from groups who havg b86n marginalised or excluded from the dominant historical record. for example, they could include disabled histories. LGBTQ+ stories, or the contribution of everyday women.
The Priest's House Museum Trust Report of the Trustees for the Year Ended 31 March 2024 MUSEUM ACTIVITIES THIS YEAR Exhibitions 1 sl April 2023 saw the launch of Tinker, Tailor, Cappuccino Maker. The exhibition celebrated Wimborne's important culture of independent businesses through historical photographs from the museum's collection juxtaposed with newly commissioned contemporary portraits of current day traders in Wimborne. It was a chance to reflect on just how much society, lifestyles, and our expectations of shopping on the 'high-street' have changed over time. May The Toys be With You, an exhibition of one of the UK'S finest collections of vintage Star Wars toys and original cinema posters, was hugely successful. Running from October 2023 to 20" April 2024, it has been popular wilh little kids and 'big kids, alike. Many visitors recalled going to see Star Wars at the cinema or playing with Star Wars toys, and we saw many parents introducing children to Star Wars for the first time. Over 150 comment cards left by visitors so far, confirm just how firmly the Star Wars brand is established in people's hearts and minds since the film debuted in 1977. Launching in April 2024, a new exhibition 'Rebellion & Revolt. will help support community events in Wimborne this year, The Batlle for Wimborne, hosted by The English Civil War Society and the silver anniversary of the Wimborne Militia. Research volunteer team A new team was created as part of the Revival Project to supply research for new exhibitions and support the enquiries we receive from the general public. Its firsl task has been to gather research for use in the new exhibition Rebellion and Revolt. In future, the team will also research hidden histories from East Dorset. 10
The Priest's House Museum Trust Report of the Trustees for the Year Ended 31 March 2024 HERstory: Hilda Coles Empowered by.. Herstories celebrated the achievements of Hilda Coles, the founder of our museum, and serves as a platform for empowering women and girls in the present. The project fosters a connection between history and contemporary experience, inspiring future generations to build upon the legacy of remarkable women. Hilda ('Mick') Coles, born in 1907, defied societal expectations of her time. Excelling in sports and ultimately running the family ironmongery business, she embodied the strength and determination of a modern working woman during a period of significant social change. Her visiors for the museum as "a centre of education and culture.. appealing to children as well as adults. was remarkably progressive for the early 1960s. Dorset-based artist Jayne Jackson, known for her empowerment photography, collaborated with the museum and local teenager Emma to create a contemporary, theatrical representation of Hilda Coles. The theatrical costume, originally designed by Sophie Fretwell, incorporates symbolic elements reflecting Hilda Coles, life and legacy. Emma, representing a younger generation, further refined the design, adding her own perspective. The display, now in the Voices Gallery includes many symbolic elements including a handbag representing the Priesl's House, where Hilda lived and worked; buttons featuring tiny photographs from her life. a prominent 'M' for Mick; and a skirt which shows images from the museum's Victorian Valentine card collection as well as ledger accounts from the Coles Ironmongef s shop The project extends beyond the artwork itself. Emma. who participated in the photoshoot, described the experience as "empowering" and a confidence builder. She highlighted the opportunity to embody a strong, confident character. an experience that surprised and empowered her.
The Priest's House Museum Trust Report of the Trustees for the Year Ended 31 March 2024 Inclusion Group In December 2023, we created an Inclusion Group. comprised of Trustees, volunteers, staff members and external advisors. This diverse group will bring a wealth of fresh perspectives and new voices to the museum, fostering a more inclusive environment for all. Looking ahead. the group will play a pivotal role in a project launching next year which aims to understand the specific needs and challenges faced by local communities. Learning We welcomed a group of new, enthusiastic people to join the more experienced members of our Learning volunteer team. Together, they have played a key role in delivering exceptional experiences for a growing number of schools. Strong connections have been fostered with local schools, many of which return year after year, often with different year groups, following teacher recommendations. This year, we welcomed new schools from as far away as Shaftesbury and Weymouth, demonstrating the museum's expanding reach. Additionally, a dedicated group of local home schoolers and a cub scout group have become regular visitors, enriching and expanding our learning community. Our commitm8nl to 8duc81ion w88 form811y recognised when the museum won the prestigious S8ndford Aw8rd. Leaming Officer Lara and volunteers attended the 8W8rd ceremony at Hampton Court Palace. which included 8 las¢inating p818¢6 tour led by renowned historian and curator Tracy 8orn7an. 4NDFORi., AWARD Iii Il To keep our programme engaging, exciting new sessions have been added such as Stone Age cave painting, gingerbread decorating, and a Victorian seaside experience. Following a kind donation ol£tOO, we wer8 also 8ble lo cre818 8 new buffer making session. increasing the variety of sessions which can be run in the Vicf0ri8n kitchen. 12
The Priest's House Museum Trust Report of the Trustees for the Year Ended 31 March 2024 Events Talks & arden events We continued to offer a variety of talks throughout 2023, which were popular and well-attended. Lost Church of All Hallows {34 tickets sold) Talk by Dorset County Council Finds Officer for Festival of Archaeology {13 tickets sold) My Life & Times at Harrods (46 Tickets sold) The two planned National Garden Scheme evening lectures brought new visitors into the garden with positive feedback. Three more are planned for 202415. Worksho Our lifelong learning workshop programme has continued to grow and evolve. A successful evening schedule runs alongside the daytime workshops and brings in a different audience who cannot attend during the day. New crafts included Cold Porcelain flowers, art for well-being, and the Japanese art of Shibori. Fused glass and mosaic workshops continue to be extremely popular, particularly fused glass Christmas decorations. Participants, comments,. Crealive Calm Art for Wellbeing. Well mn, calming. and meditative - a fabulous new skill.. Shibori. Extremely informative and so well taught - covered a wealth of techniques and references." Fundraisin uiz and Call M Bluff Autumn is the season for some light entertainment lo fill the darker evenings. Visitors and volunteers thoroughly enjoyed the annual quiz and a Call my Bluff evening, which brought in a combined amount of £400. Both events provided an opportunity for the museum and wider community to come together for a fun evening. Little Ex lorers Six Little Explorer mornings were delivered during school holidays. During 2023, these sessions were incorporated into the annual pass with conversions offered on the day. This has increased the number of families buying museum annual passes and visiting the museum itself. We are pleased to work in partnership with Wimborne Library and Wimborne Children's Centre to offer a range of stories, crafts, and a garden trail. 13
The Priest's House Museum Trust Report of the Trustees for the Year Ended 31 March 2024 Summer Events Despite the appalling weather that plagued our summer events, the people of Wimborne came out in force. We had a sell-out success with Sisata Theatre Group {who had to bring their outdoor theatre inside for the first time) with their very appropriate performance, The Tempest. Hopefully, the weather will be kinder when they return in August 2024 to perform Peter Pan. Volunteers and public alike braved torrential rain to support the Summer Fete and a total of £855 was raised. Halloween The Museum by Torchlight Halloween event was a sell-out success again, with 64 tickets sold. This gave families the chance to see the museum in a whole new light! Spooky music added to the atmosphere, with a ghost trail and themed crafts providing plenty to do. Paranormal Paranormal visits were popular in 2023 netting a profit of £3,390. The visits will continue in 2024 and we have several secured bookings. Christmas The Christmas Shopping Evening was another huge success with 100 tickets sold. QE school cholr joined us to perform their festive set, and the evening included a maker's market, plenty of tasters of local food and drink, and a raffle. Visit Santa was also very successful. 106 children explored the museum with their families and engaged in festive crafts and writing a letter to Santa before enjoying an interactive story wilh Santa in the Garden Room grotto. We will continue to offer this experience in 2024, and plan to run some SEN Santa sessions alongside it. Visitor comment: "I don't think it could be improved. It was excellenl value for money, jusl the right amount of time for younger kids (our grandson is four and the story telling by Santa was fabulous). The best value Christmas event for kids. Thanks to everyone involved" 14
The Priest's House Museum Trust Report of the Trustees for the Year Ended 31 March 2024 Community As part of the Wimborne Folk Festival, we welcomed the Tashi Lhunpo Monks into the Garden Room to construct an intricate mandala made of tiny bits of marble, exemplifying the Tantric tradition of meditation. On the fifth day, this was ritually destroyed in the museum garden to demonstrate the Impermanence of all things. Millstream Theatre Millstream, the museum's theatre group, have had a busy year! September saw Glow Badbury, an exciting community project where the museum collaborated with National Trust Kingston Lacy and arts organisation Emerald Ant in an event that celebrated the Iron Age hillfort, Badbury Rings. During the evening, visitors experienced a magical display of artwork, puppet theatre, musical accompaniments and a live drama production highlighting an historical event at the rings. Millstream Thealre actors perfomiing Almost Forgotten,, a story aboul the Clubmen of 1645 who were involved in th8 English Revolulion. Ir 15
The Priest's House Museum Trust Report of the Trustees for the Year Ended 31 March 2024 Millstream's film, Searching for Echo, originally made in March 2023 as part of the Museum's Revival Project, was submitted to the prestigious Oska Brighl Film Festival, the world's leading festival for films made by or featuring people with learning disabilities or autism. Following fundraising, the whole group went to the festival in Brighton to celebrate. The group have also been rehearsing hard for their new piece, In Harmony, which has been created collaboratively with group members. It centres on a group of characters as they try to figure out a way to save their favourite local café which is threatened with closure. The cabaret style piece, which includes singing, poetry and magic, is sure to be a success when it is performed at the Museum of East Dorset and Dorchester Arts in April 2024. Holida and Food Activit HAF We held three very successful Holiday and Food Activity sessions, funded by Dorset Council, over summer 2023. These provided four hours of activities, including art, Victorian lemonade making and included a free lunch provided by Piccolo Mondo. The sessions are free for children receiving free school meals and we will be continuing the HAF programme next year, following positive feedback. Reminiscence Outreach The museum received a grant of £1848 from Dorset Council's Culture and Community Project Fund which allowed us to create another team of volunteers, Reminiscence Outreach, who visit care homes and centres for the elderly, Using objects and photographs, trained volunteers facilitate discussions and encourage participants to share memories and stories. For older people and those with memory loss, reminiscence sessions encourage sociability, which is important in a community whose social circles are typically getting smaller. It can also support and improve well-being as participants share memories of loved ones and activities they once enjoyed. This is particularly valuable for those with memory loss. who typically have a better memory for the distant past than for recent events. The idea behind this team came from our own volunteers, and interest in booking sessions has been high along with media interest with interviews on local BBC news and radio interviews. One care provider commented: 'You were able to stimulate and empower people to share their memories. The impact of your visit was very positive on individuals, emotional wellbeing. I would be delighted for you to return regularly in the future" These simple objects from the museum s Collections hold the power to spark memories. leading to meaningful conversations 8nd conneclions. 16
The Priest's House Museum Trust Report of the Trustees for the Year Ended 31 March 2024 OTHER ACTIVITIES Collections Items on loan 12 items from the Verwood Pottery Collection were selected and loaned to Salisbury Museum's new ceramic gallery for five years, with an opportunity to extend the loan after 2029. This was an opportunity to share our collection with another extemal heritage organisation and gain a wider audience. 'Weird and Wonderful, dis The 'weird and wonderful, corner in the Voices Gallery offers visitors a new opportunity to view objects from the collection that are stored away and therefore seldom seen. Four new displays were created during this year, all very different. They ranged from a private collection of ceramic shoes {on loan). a display commemorating November 11 a Christmas themed display. and the current weird and wonderful 'something for everyone,. Collections volunteers With the appointment of Rob Gray in August 2023, the Collections volunteers were welcomed back and quickly put lo work in the Collections Store and the Attic. The discovery of a minor pest infestation within the costume collection has led to a volunteer-led project investigating all costume 17
The Priest's House Museum Trust Report of the Trustees for the Year Ended 31 March 2024 in the collection. This offers a chance for volunteers to learn new skills regarding how to care for costumes and pest control. The project is ongoing. A small team of volunteers has been trained in basic conservation cleaning and will tackle the cobwebs and dust levels in the museum's exhibition galleries on a regular basis. This will help improve the visual presentation of the museum and provide an engagement element with the public about how and why we care for museums. This same team will also monitor pest traps and record the environmental conditions of the exhibition galleries utilising the new lascar data logging system. Humidity control is monllored in the Landsc8pe g8116ry where our r8re Roman forGe pump is displayed. Information Centrè East Dorset TIC, managed by the Trust since January 2014, continues to deliver a quality service of local Information to both the community and visitors to the area. The service is combined with the main entrance to the Museum of East Dorset, which also includes the shop and second-hand bookshop, both of which are free to enter. Seasonal decorations and more professional window displays encourage visitors to browse and purchase goods. The introduction of popular new stock lines sourced at the Spring Fair trade fair sold well throughout the year. Autumn glowed orange in the shop, museum and Tea Room and this splash of colour, in turn. made way for traditional Christmas decorations. rir4 The shop space was 'taken over, by Star Wars merchandise in autumn 2023 to coincide with the launch of the new exhibition 'May The Toys Be With You,! These items sold very well to both children and adults alike. 18
The Priest's House Museum Trust Report of the Trustees for the Year Ended 31 March 2024 Front window To make the museum a bit more eye-catching from the outside, without the need tor planning or advertising consent, we hired a window artist to paint a design on 'the big window, on the High Street. The design highlighted some of the besl bits of the museum and was particularly aimed at families over the summer. The design is removable with soap and water. It was changed later in the year to reflect the new Star Wars exhibition. Garden The gardening volunteers have worked tirelessly to maintain our 1 OOM wildlife-friendly heritage garden which is open to the public all year round. They have been incredibly resourceful in propagating plants in the greenhouse and selling an array of flowers, vegetables and heritage fruit varieties to help fund the upkeep of the garden. Over the year, the gardening team generated income of £1,492.51 through sales of garden produce. They have ever bigger plans for 2024. L¥)1 PLAN 19
The Priest's House Museum Trust Report of the Trustees for the Year Ended 31 March 2024 Tea Room The Tea room continues to go from strength lo strength and is our strongest source of commercial income for the museum. A handful of enthusiastic new volunteers have helped to ensure that the Tea Room is always ready to greet customers. Four new sets of indoor tables for were introduced in August 2023 enabling us to seNe more customers inside over the winter months. &4., Facllities & compliance The Facilities volunteer team has worked hard to resolve many outstanding Health & Safety and Compliance issues across the site. In the last year, following the Dorset Fire & Rescue Service Fire Audit, the team completed a multitude of actions. The museum now has an annual inspection of Ihe Victorian Kitchen chimney flue, arranged with Dorset Council. A fire door inspection with a Heritage specialist will resolve all maintenance defects found. The team was also involved with several large tasks from general housekeeping and clearing out of non-collection items to reduce the fire load, to compiling an asset list for a more comprehensive and accurate PAT test. They have also managed to complete the removal of the last remaining hazardous chemicals in the Collections Store Since December 2023, the museum has been improving its security measures. Security training has been rolled out successfully to all staff and volunteers, outlining new policies and procedures to ensure we are operating as safely and securely as possible. Additional CCTV cameras and keypads have been added and we have ensured both panic buttons are operational so staff members and volunteers feel as safe and protected as possible. The team has also delivered manual handling training lo ensure all staff and volunteers are operating safely whilst on site. Membership scheme The Trust's exisling members have always provided invaluable financial support through their subscriptions and attendance at events. Their support enables key services lo be delivered, which enhance the local community and provide real public benefit. Many of our members also support the museum through volunteering, generously sharing their skills and experience. As some of our biggest advocates locally, members make a real contribution to our work. During the last few years, our membership levels have decreased. We are planning future improvements to encourage more members to join and support the museum. 20
The Priest's House Museum Trust Report of the Trustees for the Year Ended 31 March 2024 Public benefit The Board of TNsteas has referred to the Charity Commission's general guidance on publlc benefft when reviewing the museum's aims and objectives and in planning activities. In partlcular, the Board conslders how planned actlvlUes wlll contribute to the aims and objectlves set out In the museum's Fomard Plan. FINANCIAL REPORT Total Income of the Trust was £312.555 (2022123: £359.977). stlll recoverlng from the.cost of Ilvlng crfsls, the commerclal Income derived from museum and other activities was lower than in recent years but a restructure is under¥vay in the current year to address rising costs and lower income streams. Grants recelved Included:
Dorset Council £70,000 (2022123: £70,000) Mlllstream project £1732 Supporting the running of Millstream Theatre. a company of L8amlng Disabled adults. Reminiscence grant £1848 Dorset Council funding to set up outreach Reminisc8nce sessions in care homes and day centres wlth tralned volunteers HAF grant £1440 Dorset Councll lundlng for x3 Hollday and Food Actlvlty (HAF) sesslons over summer 2023. Travelling together £2000 Funding frorn Museum Development South West for a filmed Brltlsh Slgn Language tour of the museurn and portable hearing loop system for tour8. Community & Culture £2500 Dorset Councll funding to create x40 art packs for chlldren who us8 Wimbome Food Bank. These wlll Includ8 art supplies and a booklet of art actlvltles Inspired by the museum and the collection. Toys for the past £750 Fundlng from Wlmbome Rotary and Wlmbome Llons lo replacelpurchas6 resources used In learnlng sesslons. The Trust received donations and legacies amounting to £32,809 (2022123; £20,444). The museum In extremely grateful to the donors for their generous glfts and to all donors, large and small, for thelr continued support of the museum. Expenditure on museum activitles was £471,865 (2022123: £334,608). Thls Included £169,237 from the Revlval fund. whlch came to an end In December 2023. At the year-end, total unrestricted funds held were £930,954 (202Z123: £917.168). Restricted funds held were £1,319,422 (2022123." £1,492,518). Reserve policy The Trust alms to malntaln unrestrlcted funds, the free reserves of the Charlty, at a level sufficient to ensure that all unrestricted expenditure outstandlng at any one tlme can be met and to that end has moved £285K (£95K 2022123) to a designated reserve. The Trustees thereby havo ensured a minimum reserve equal to the estimated fixed costs of running the museum for a nin&vmonth period. 21
The Priest's House Museum Trust Report of the Trustees for the Year Ended 31 March 2024 The budget for 2024125 has been prepared wlth careful plannlng and restructuring of staff needs, mindful of the reducing support from the local aulhority and reducing income in the current financial climate. A reslricted depreGlatlon reserve Is in place to cover all future depreciation arising from the result of recent Improvements to the premises, following the generous revival grant. Investment pollcy The Trust recelves an Income on an annual basls through entrance fees, donatlons. charitable activltles and other sources. It budgets to expend all anticipated income, whllst malntalnlng a prudent amount In reseries each year. Existing investments remaln on deposlt at the best rate available with organlsations authorized by the Financial Conduct Aulhorlly and covered by the Flnanclal Servlces Compensatlon Scheme. STRUCTURE, GOVERNANCE AND MANAGEMENT Govarnlng document The Priest's House Museum Trust Is a company limited by guarantee, governed by Its Memorandum and Articles of Assoclalion, and Is a reglstered charity. The members of the museum are subscribing members; In the event of the Trusl belng wound up, the liability of the guarantee Is limlted to £10 per member. At the 2021 AGM, members voted to approve the proposed amended Artlcles of Assoclatlon to allow an AGM to be held on an eleclronlc platform. Recruitmont and appolntment ol new Trustees As set out In the Artlcles of Assoclatlon, the Trustees retlre by rotatlon and are elecled by members attendlng the Annual General Meeting {AGM). Trustees can co-opt to the Board durlng the year and seek confirmation at the next AGM. When conslderlng the appolntment of a trustee, due regard is given to a balance of skllls to ensure that the Board has as wlde a knowledge base as posslble. The Trust operates an open recrultment pollcy for trustees wlth advertisements placed both locally and nationally as required. Trustees are interviewed before an appointmenl Is made. Organlsatlon structure The Board of Trustees, whlch comprlsgs a maxlmum complement of 10, oversees the admlnistratlon of the charity and Its tradlng subsldlary. The Board meets at least four times a year to dlscuss strategy, flnance and other Important aspects of the charlty's buslness. It employs a full-tlme DirectOT who has responsibility for the day-to-day activities of the museum and reports back to th8 Board of Trustees. The Board employs other staff, both full-time and part-time who work with a large number of volunteers. The Board of Trustees has two sub-commEttees: Resources Commlttee - has delegated responslblllty to conslder a range of financial and human resource Issues. Vlsitor Services Committee - has delegated responsibillty to conslder visitor experience and commerclal aspects of the museum operations The sub-committees meet a minimum of four tlmes a year and report to the Board at each meeting of the Trustees.
The Priest's House Museum Trust Report of the Trustees for the Year Ended 31 March 2024 Inductlon of new Trustees New Trustees will undergo an induction where they will be briefed on their legal obllgations under charity and company law. They are provided.with the Charity Commisslon guidance on publlc benefit, the Memorandum and Artlcles of Assoclatlon, prevlous Trustee meetlng mlnutes, museum strategy and policy documents, and annual budget and recent financial performance of the Trust. Now Trustees will meet the Dlrector and otheT Staff members and have a tour of the faclllty. All Trustees have the opportunlty to attend tralnlng 8V6nts whlch wlll beneflt thelr roles on the Board. Key management remuneratlon Twstees recelve no remuneratlon for tlme spent on museum matters. Detalls of any expenses claimed by trustees are set out In the flnanclal statemenls. Relat8d partl85 The Trust has a wholly owned subsidiary: East Dorset TIC Limited (Registered Charity number 8809040). which was established on 1 January 2014 to operate the Tourist Informatlon Centre whlch had previously been operated by East Dorset District Councll. East Dorset TIC Llmlted transfers any surplus achieved in a financial year to the Priest's House Museum Trust. Rlsk management A rfsk management strategy continues to be developed by the Board of Trustees to ensur& that all significant risks facing the Trust are Identlfied, mitigatlons put In place where approprfate and their status Is revlewed on a regular basls. 23
The Priest's House Museum Trust Report of th8 Trustees for the Year Ended 31 March 2024 REFERENCE AND ADMINISTRATIVE DETAILS Reglstered Company number 03488337 (England and Wales) Registered Charlty number 1068540 Reglstered office 23127 High Street Wlmbome Dorset BH211 HR Trustees Sara Marshall (Chalr) Gerry Clarke (resigned 0410812023) Sue Cook Jonathan Greenwood {confirmed at AGM on 0511212023) Vanessa Joseph Jeremy Mllls Davld Morgan Sarah Newman Mario Roncaglla Indepondent Examln•r Jenlfer Rlchardson FCA FCCA DChA 32 Award Road Wimborne Dorsel BH217NT Ex-offlclo Treasurer for the Trust Jackie Morgan 24
The Priest's House Museum Trust Report of the Trustees for the Year Ended 31 March 2024 Statement of Trustees. Responslbllltles The trustees (who are also the directors of The Priest's House Museum Trust for the purposes of company law) are responsible for preparing the trustees, report and the financial statements in accordance with applicable law and Unlted Kingdom Accounting Standards (United Kingdom Generally Acc8Pted Accounting Practice), including FRS 102 "The Financlal Reporting Standard appllcable in the UK and Republic of Ireland.. Company law requlres the trustees to prepare financlal statements for each financial year. Under company law the trustees must not approve th8 financlal statem8nts unless they are satisfied that Ihey give a true and falr vlew of tho state of affairs of the charitable company and of the incoming resources and appllcatlon of resources, InGludlng ils income and expendlture, of the charitable company for that period. In preparing these financlal statements, the trustees are requlred to: select sultable accounting pollcles and apply them conslstently; obseple the methods and principles In the Charftles SORP; make Judgements and eslimates that are reasonable and prudent; stste whether applicable accounting standards, comprising FRS 102 have been followed, subject to any material departures disclosed and explained in the financial ststements; and prepare the financial statements on the going concem basis unless It Is Inapproprlate to presume that the charftabl8 company will contlnue In buslnes8. The trustees are responslble for the maintenanc8 and integrity of the corporate and financial Informatlon included on the charitable company's website. Legislation governlng the preparatlon and dlssemlnatlon of ftnancial statements may differ from leglslatlon In other jurisdictions. Approvgd by thg trustees of the charity on Ifj -Iv -..Lo.L.Y.. and slgned on Its behalf by: Sara Marshall (Chalrj 25
The Priest's House Museum Trust Independent Examiner's Report to the Truslees of The Priest's House Museum Trust Indep•nd•nt oxamlrtèr'$ r•port lo th¥ trustee¥ of Th? Pri•sl's House Museum Trust I'the Company'l I rep()rt to the charity trustees on my examination ol the accounts of the Company for the year endoLI 31 March 2024. R•sponslblllt1•5 and baslo of r•port As the Trustees of the Company18nd also ils directors lor Ihe purposes ol comp8ny18wl you ar¢ responsiblo lor the pr¥par8lion of th& accoL+nls in accordanc8 with the requir8m&nls ol thg Compani$s Aet 200611he 2006 Acl'l. Having s8tisfi&d my$ell that Ihe 8ccounts of the Company aro not required lo be 8udiled under Part 16 of Ihe 2006 Act and are eligible loi independent examination. I report in respecl ol my frxaminalion olyouf charity's accounts as carnad out under So¢lion 145 ollhe Charities Act 20111'th9 2011 A¢l'l. In ¢8rryin9 gut my ex8min8lion I h8ve lollowgd Ihe Oireclion6 given by the Ch8rily Commission under Section 145151 Ibl ol Ihe 2011 Acl. Ind8p•nd•nt ex•mln•r'• •tat•m•nl Since thtt Pri851'5 House Museum Trust's gross Incorne exceeded £250,000 your examiner musl b• a memb•r ol a body listad in sèction 14S of the 2011 Act. I confirm that l am qualilied lo undertake the examination because l am a member of ICAEW whieh 1$ 8 listed body. I h8Vè compl•l&d my 8xamination. I conflrm Ihal no motl¥rs hav8 ¢om• to my all8nlion In ¢onn8¢llon with the eK8rninallon givlng me Cause lo believe.. l.accounting records were nol kept in respect ol lh8 Company as required by Sectlon 386 of the 2006 Act.. or 2.the accounts do not accord with those r•cords,' or 3. thè 8ccounl$ do not comply with the ac¢ountin9 requiraments ol S•¢liofi 398 of tho 2006 A¢1 other Ih8n 8ny requirement that the accounts give a true and lair view which is not a matter considered as part ol an independenl examinalion.. or 4.the accounts have not been prepared in accordance with the methods and principles ol the Slalemenl ol Recommènded Practice for accountiri9 and raporting by charities lappllcabl¢ to ¢harillè$ pr¢parin9 thelr accounts In a¢¢ordan¢e with Ihts FinanGial Reporting Standard applicable in the UK and Republic of Ireland IFRS 10211, I hav* no ¢on¢8rn$ ond have ¢om& g¢fOSS nc olh•r mallgr$ In ¢onno¢tlon with lh8 8xamlnallon to which 8tl¥ntlon should b• dr8wn in Ihls report in order to enable a proper understanding ol the 8c¢ounls lo be reached. Iss JA Rlchardson FCA FCCA OChA D8t• 26
The Priesvs House Museum Trust statement of Financial Activities (incorporating an Income & Expenditure Account) for the Year Ended 31 March 2024 2024 Tolal funds Nots$ Unrestricted Reslricted INCOME AND ENDOWMENTS FROM Donations and legades Ch8ritabl8 acliviligs Inveslment Income TOTAL 125,819 171,293 10,270 136,089 171,293 27 12 EXPENDITURE ON Ralsing funds Charilable actlvldes TOTAL 31,973 256 000 287 973 42.625 141267 74.598 397 267 471 NEf (EXPENDrruREII INCOME 14,312 (173.622) (159.310) Transfor betwoon funds (526) 526 Net movement In funds 13,786 (173,096) (159,310) RECONCILIATION OF FUNDS TOTAL FUNDS BROUGHT FORWARD TOTAL FUNDS CARED FORWARD 917,168 1.492.518 2,409,686 17 The note5 fonn part oflhe5e finanrlal statements 27
The Priest's House Museum Trust Prior year Statement of Financial Actlvities (incorporatlng an Incom& & Expenditure Account) for the Year Ended 31 March 2023 2023 Total funds Notes Unrostrt¢ted Resed INCOME AND ENDOWMEpifs FROM Donatlons and18gacl6s Charitable adivities Investrnenl Inc¥Jme TOTAL 106293 128,481 123,328 229.621 128,481 123328 EXPENDrruRE ON Raislng funds Charitable activitses TOTAL (25.092) 21 (21.079) (46,171) 288 437 NEf IEXPENDrruRE}I INCOME {5.306) 30,675 25.389 Transfer between fund8 5,503 (5,503) Nat movoment In funds 197 25,172 25.369 RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS BROUGHT FORWARD TOTAL FUNDS CARRIED FORWARD 916,971 1,467,346 2,384,317 17 Atl of th8 charily's activiti88 d8rtv8 from conllnulng oparauons durlng the above two porlods. The funds breakdown for 2023 Is shown In nola 17. The notes fonn part oflhese financlal Statents
The Priest's House Museum Trust Balance Sheet 31 March 2024 Registered Company Number 3488337 21J24 Totsl fund 2023 Total funds Unrpstrlcted Restrlctsd FIXED ASSErs T8ngible fixed assets Inveslmenls Total Itxed assets 13 14 12.441 495.100 1,221296 1233.737 495.100 1,338,743 495.100 CURRENT ASSETS Dabtors Cash at bank and In hand Total Current assets 15 140,409 313,032 140,409 411,158 178,081 417,856 98,126 CRELirroRS Amount¥ falllng duè wlthln on• 16 (30,028) 423,413 (3D,028) 521,539 120,094) 575,843 N8t Gurrent assets NET ASSETS 98,126 FUNDS OF THE CHARrrY Reslrlcted funds Unrestrlcted funds 1,319,422 1,319,422 930.954 1A92,518 917,168 930.954 TOTAL FUNDS 17 The ch8dtable company18 8ntlll8d to ex8mpllon from audlt undèr Secllon 477 ofthe Comp8nle8 Act 2006 for th8 year ended 31 March 2024. The member8 have not requlred the company to oblain an audit of its financial statements for Ihe year In qu8sllon In accordan¢ewlth So¢tlon 476 of the Companlos Art 2006. Th& dlreciors acknowledge Ihelr responslbllllles lor (al ensurlng that Ihe charltable company keeps accountlng record8 that complywith Sectlon8 386 and 387 ofthe Companles Act2006 arKI Ibl prepadng fln2ndal statemenls whlch glve a true and falr vlew ofthe stale ofaffalrs ofthe tharitsble ¢omp8ny as at Iho end of each financlal year and of Its surplus or deflcll lor 88¢h Ilnanclal year In accordance wllh Iho requlremenls of Seetlons 394 and 395 and whlch Othe[88 MplY wlth the requlrem&nt8 ofthe Companl8s Act 2006 relatlng to ITnanclal $tatem8nls, sg far as appllcable to the charltable company. These fln8nclal statemènts havè been pr8psred In aCrdanCe with the provlslons appllcablg to charilabla companles subjèct lo the 8ma]I companl&s reglme. Thefinanclal statements wer8 approved by the Board ofTrust8es Pnd authorlsed for Issue on.. Its behall ty. were slgned on Sara Marshall- Chalrof Trusts86 The notes fomi part cfthe5e finanrial stslements
The Prlest's House Museum Trust Notes to the Financial Staternents for the Year Ended 31 March 2024 1 LEGAL FORM I CHARITY STATUS The charity is limited by guarantee, incorporated In thè Unlled Klngdom. and consequent]y does not have share capital. Each ol the trustees Is Ilable to contribute an amount no exceeding £1 towards the assets of Iha charity In the evenl of liquidation. The address of Its registered office and principle place of buslness Is: 23-27 High Street Wimbome Mlnster Dors8t BH211HR 2 ACCOUNTING POLICIES Summary of slgnlflcant accountlng pollcles and key accountlng estlmates The principal accountlng policles applled Sn the preparatlon oflhese flnanclal statements aTr set oul below. Th889 pollcles have been conslstently applied to all the year8 presented, unless otherwlse stated. Statement of compllanc• The flnanclal statements have been prepared In accordance with Awountlng and Reportlng by Charltles: Stat8menl of R8comm8nded Practlce {appllcable to charlties preparing thelr accounts in accordance with the Financi81 Repcrtlng Standard appllcable in the UK and Republic of Ireland (FRS 102)) {issued In October 2019) - (Charitles SORP (FRS 102)), the Flnanclal Reportlng Standard appllcable In the UK and Republlc of Ireland (FRS 102) and the Companles Act 2006. Basis of preparing tho financial $tatsm•nts The Priest's House Museum Trust Is a reglslered charfty, reglstratlon number 1068540, company number 3488337, reglstered in the United Kingdom. The address of the charity is given In the reference and adminlstrative details in these financial statements. The nature of the charity's cperatlons and prlnclpal actlvltles are described in the Trustees annual report. Th8 ch8rfty constltutes a publlc ben&flt entity as defined by FRS 102. The financl81 statements are prepared on a go5ng concem basls under the h15toriGal cost convention, modified to Includ8 certaln Stems at falr valu8. Th8 flnanclal statements are prepared In sterling whlch Is thg functlonal currency of the charlty and rounded lo the nearest £. Golng concern In tha oplnlon of the board the charfty has sufficlent working capital to conljnue to m88t Its financlal obligations and pay its Ilabllllles as they fall du8 for the foreseeable future and therefore the financlal statements have been prepared on a golng Concern basls. The board has considered the level of funds held and the expected level of Sncome and expenditure for 12 months from authorisSng these finandal statements. The budgeted net expendllure Is sufficlent with the level of r8serves held for the charlty to be able to continue as a golng concem. Subsldlary Entity The East Dorset Tourist Information Centre {'EDTIC")15 a fully owned subsldlary of The Priesl's House Museum Trust. EDTIC profit of £nll (2023: £nll) will be donated to The Priest's House Museum Trusl in the subsequent financial period.
The Prfest's House Museum Trust Nolas to the Financlal Statements for the Year Ended 31 March 2024 2 ACCOUNTING POLICIES (continued) In¢ome and endowments All Income Is recognlsed once the charlty has entitlement to the Income, It Is probable that th8 Income wlll b8 received and the amount of the income recelvable can be measured rellably. Donatlons and legacles Donations are recognlsed when the charlty has b88n notifi8d in ltIng of both the amount and settlement date. In the event that a donatlon Is subject to conditions that requlre a loval of performance by th8 charlty b8for8 the charlty Is 8ntltl8d to the funds, the Income is deferred and not recognlsed untll either those cond5tlons are fully met, or the fulfilmerit of thos8 condittons is wholly within the control of the charity and it is probable that these conditions wlll be fulfilled Sn the reporting perfod. Legacy gifts are recognlsed on a case by case basls lollowlng the grant of probate when the admlnlstratorlexecutor for the estate has communlcated In wrlting both the amounl and settlement date. In the event that the gift Is In the form of an ass8t other than cash or a financial asset traded on a rocognlsed stock 8xchange, recognition is subject to the value of the glft bglng rellably measurable wlth a degr8e of reasonable accuraGy and the title to the asset having been transferred to the charity. Grants recolvable Granls are recognlsad when thè charlty has an 6nlltl8ment to the funds and any condltlons Ilnked to the grants have been met. Where performance condlilons are altached to the grant and are yet to bg met, tha Income Is recogn15ed as 8 liabllity and Included on the balanc8 sheet as deferred Income to be released. Government granls include funding from Dorset Councll. A grant that becomes recelvable as compensatlon for expenses already incurred will be recognised in the income and expenditure In the same period in whlch the related expandlture Is Incurred. Deferred Inttimo Deferred Income represents arnounts received for future parlods and Is released to Incomlng resources In the perlod for whlch, St has been received. Such income is only deferred when: - The donor speclfl8S thal the grant or dcnallon must only be used In future accoUnng p8rlods; or - The donor has Imposed condltlons whlch must be met before the charlty has uncondltlonal entlllement. Investment income Investment Incom8 Is recognlsed on a recelvabla basls. Charitable actlvltles Income from charitable aclNitie8 including subscriptlons, sal8s of donated and purchased goods, fundralslng Incom8. calertng Income, rgntal Income and entrance fees, include5 income recognised as eamed (as the related goods or seNlces are provlded). 31
The Priest's Hous6 Museum Trust Notes to the Financial Statements for the Year Ended 31 March 2024 2 ACCOUNTING POLICIES (continued) Expendlturn AJI expenditur8 Is recognised onc8 there 18 a legal or construcilve obligatlon to that exp2ndilure, It Is probable seltjement Is requlred 8nd the amount can be m8asured reliably All costs are allocal8d to lh8 ap Ilcable expendlture headSn that aggregate similar costs to that category. Where costs cannot be dire¢tP attributed to particular headingslhey have been allocated on a basis consistent wrth the use of rescurces, wiiK central staff costs allocated on the basls of tim8 spent, and depreciation charges allocated on the portlon of the asset's use. other support costs are allocated based on the spread of staff costs. All resources 8xp8nded are Indusive of Irrecoverable VAT. Ralslng funds These ara costs incurred In atlracilng voluntary Income, the management of Investments and Ihose Incurred In tr8dlng 8¢tivitles that rai8e funds. Charltable actlvltles Charitable expenditure comprises those cost8 Incurred by the charity in the dellvery of Its actlvltles and servlces for its beneficlaries. It Indudes both costs that can be allocated dlrectly to such actlvlt188 and those costs of an Indlrecl nalurè n8c8ssary to support them. Govèrnance costs The8e indude the costs attrlbutable to the tharity's compliance with constltutlonal and statutory r8qulrements, Including professlonal fees, strateglc management and trustees meetlngs and r81mburs8d expanses. Irrecoverable VAT Irrecoverable VAT18 Gharged against the category of resources expended for whlch It W88 Incuffed. Tax'atlon The charlty Is consldared to pass the tests set out in Paragraph 1 Schedule 6 of the Flnance Act 2010 and Iherefore It meels the definltion ofa charllable company for UK corporallon tax purposes. Accordingly, Ihe chartty Is potentlally exempt from taxatlon In r8spect of income or capital gains received withln calegories covered by Chapter 3 Part 11 of the Corporatlon Tax Act 2010 or Section 256 of th8 Tax811on of Chargeabla Galns Acl 1992, to the extent that such income or gains are applied excluslvely to charitable purposes. Tanglble fixed a8sots Individual fixed assets costing £500 or more are initially recorded at cost, less any subsequent accumulated depreclatlon and subsequent accumulated Impalrment losses. Depre¢laf lon and amorti3ation Depreciation Is provided on tangible fixed assels so as to wrile off the cost or valuatlon, les5 any estlmated resldual value, ov8r thelr expected useful economlc Ilfe as follows: Asset class Depreclatlon method and rats Laasehold buildlngs and Improvements Fumiture. fittlngs and equlpment Over the tenn of leas8 12.50/0 Stralght line basls Flxed asset Investments Investment property Is Shown at most recent valuation. Any aggregate surplus or deficll srtslng from changes in falr value is recognised in Ihe Statement of FSnancial Activitles. Inv8Stments in subsidiaries are measured at cost less Impairment.
The Priest's House Museum Trust Notes to the Flnanclal Statements for the Year Ended 31 March 2024 2 ACCOUNTING POLICIES (¢onfinued> Trade debtors Trade debtors are amounts due from customers for merchandlse sold or servlc&s parfomi8d In the ordlnary course of buslness. Trade debtors are recognlsed Inltially at th8 transactlon prlce. A provlslon for th8 Impalrment of trade debtorsls estsbllshed when there Is objecllve evidence that the charlty wlll not be 8ble to collect all amounts due accordlng to th8 orlglnal tèrms of th6 recelvablès. Cash and cash equlvalents Cash and cash equivalents comprise cash on hand and rAII deposlts, and olher short-temi hlghly Ilquid Investments that are readlly converllbl8 to a known amount of cash and are subject to an insignificant risk of change In value. Trade credltors Trade credltors are obllgatlons to pay for goods or servlces Ihat have been acqulred In the ordinary course of busln8ss from suppllers. Accounts payable ar8 classlfied as current Ilablllt18s If the charlty does not have an uncondltlonal rlght, at the end of the r8POrtlng perlod, to defer settlement of the creditor for at least twelve months after the reportlng dale. If there Is an uncondluonal rfght to defer settlement for at le8St e1ve months after the reportlng date. th8y aro presented as non-current Ilablllties. Trade credltors are recognised initlally at the transactlon prlce and subsequently measured at amortlsed cost uslng the eff8cllv8 Interest method. Fund stru¢turo Unrestrlcted Income funds 8re general funds that are avallable for use at the trustees. d18cretlon In furtherance of the objectlves of the charlty. De8lgnated funds are unrestrfcted funds where tha resources are set aslde for specific purposes at the dlscretlon of the trustees. Penslons and other post retlrement obllgatlons The charity operates a defined contribution pension scheme. Contrlbutions are Gharged in the statement of financlal acUvStles as they become payable in accordance with the rules of the scheme. 3 INCOME FROM DONATIONS AND LEGACIES Unr•¥trlct•d lund• Gpngral R•slrl¢ted fund• Totil 2D24 Tot1 2023 Dontlon• •nd l•gcl• Donaltons from Ea51 DorBel mc Appeals 8nd donatton8 Donatlons Irom Pdesl's House Museum Colecuon TnMI Legadeg GIftAd 18,788 2.210 18.788 2.210 14,703 27.342 3.257 4,223 27,342 3.257 4,223 5,741 Govemmenlgrants Granls 70,000 70.000 10.270 10,270 10,2 209,177 229,621 125.819 2024 Re$trl¢ted Grants Mlltstream Prolecl Remlnl8¢ence Grant HAF Grgnl Trav8lkng Togèlhèr Community a Culture Toys For The Past Unrestri¢tsd Grnnt• Corè Costs Wknbom• and Femdown Llons Ck Dor5el Counc Dors91 Counc Museum Developmenl South Wost Dorsel Councll bome Rotary artd IWmb0n Lx 1,732 1,848 1,440 2,000 2,500 750 70,000 80,270 33
The Priesvs House Museum Trust Notes to the Flnancial Statements for the Year Ended 31 March 2024 4 INCOME FROM CHARITABLE ACTJVMES Unrastrlctad funds Goneral Tolal 2024 Totsl 2023 Subs(Jlptlons Fundralslng income Catering Income Rentd Incom8 other incoma Entrance fees 919 919 1,735 857 59.055 18,311 10,594 37,929 74,595 15,153 14,547 66,079 74,595 15,153 14.547 66,079 5 INVESTMENT INCOME Unrestrlctod funds General Totsl 2024 Total 2023 Interest recelvable on bank deposits 5,173 5,173 1.875 6 EXPENDITURE ON RAISING FUNDS a) C0¥5t8 of generatlng donatlons and legacles Unré8trlct8d fvnds Gènèrnl R•str]¢led funds Total 2024 Fundr81slng costs 31,973 42,625 74.598 Unrostrlctod fun General Re8trlctod funds Total 2023 Fundralshg costs 25,092 21,079 48.171 7 EXPENDITURE ON CHARITABLE ACTivrriES Total 2024 Total 2023 Employmént co$1$ Rates and water In$uran¢e Ughl and heat Telephone Prfnllng, postsga and Slatlonery Advertislng Sundries Collecuon costs Repairs and maintenance Trade subscriptlons Travel and subslst8n¢8 Management fees Recrultment Bank charges Legal and professlonal fees D&pre¢latson of tangible fixed assets VAT partlal exemptlon Govemance costs (see note below) 190,553 172,395 (80) 4,747 7,483 1,014 1,702 4.801 9,386 4,355 11,340 493 2.051 9.573 1,964 8.982 21,174 9,055 31,205 8,260 2,257 2,367 993 2,603 20,185 56,506 <42.072) 4,685 3,939 304 2.719 19,745 105,706 220 3.664
The Prlest's House Museum Trust Notes to the Financial Statements for the Year Ended 31 March 2024 8 ANALYSIS OF GOVERNANCE AND SUPPORT COSTS Unr8Btrlcted funds General Total 2024 Total 2023 Independent Examlnerfs remurnratlon NET INCOMINGIOUTGOING RESOURCES N81 Incomingl(outgoing> resourc85 for the yoar Indude., Tt)lal 2024 Total 2023 Depredallon of fixed assets Independent examlnerfs fee 105,7Q6 56.506 1D TRUSTEES REMUNERATION AND EXPENSES No trustees, nor any per80nB connected wlth them, have reGaiv8d any remuneratlon from th8 charlty durlng th8 year. No tru8168s have Tecolved any other benefits Irom the charity during the y88r. 11 STAFF COSTS The aggregalg payroll Gosls wgra as follows: 2024 2023 Stsff ¢08t$ durlng tho yearw¢re: Wages and salaries Soclal securlty cos15 Pen51on ¢0915 Olher staff costs 176,472 8.705 4.,540 836 155,462 9.407 5,205 2,321 Tho monlhly average number of per80ns (Includlng s8nlor managementlleadershlp team) employed by the charfly durlng the year expressed as full tlme oqulvalenls was a$ follows: 2023 No. No. Employees No employee recelved emoluments of more than £60,000 durtng thg year. The totai employee benefits ofthe key management Personnel ofthe charitywere £35,490 (2023- £105,020). 35
Th8 Prfest's House Museum Trust Notes to the Financial Ststements for the Year Ended 31 March 2024 12 TAXATION Tho charlty b a regislered charlty and Is therefore exempt from taxatlon. 13 TANGIBLE FIXED ASSEf8 Leasehold Property and Improvements Tèa Room and Offlc Exhibitio n Flxturns and Flttlngs Total Equlpme nt CoJJt At 1 Aprll 2023 Aldlllon8 At 31 March 2024 1,447.666 73,878 700 74,578 300,525 1,822,069 700 1,822.769 1.447.666 300,525 D•prè¢l4tlo At1 Aprf12023 Charge lor tho yeor Al 31 March 2024 311,823 55,936 367,759 56.045 4.092 62.137 113.459 45,677 159.136 483,327 105,706 589,033 N•t book vu* Al 31 March 2024 At 31 Mah 2023 1.079.907 12,441 141.389 1.233,737 Herlt#g• as1ot• Thè colleclions manag8d and recorded by the Museum are held by The Priest's House Museum Collection Trust and detalls are disdosed In th? flnanclal Slatemenls of Tha Prtost'8 House Museum Collect]on Tru81. 14 FIXED ASSET INVESTMENTS 2024 Investment propertlas iihar6s In group undertaKlng and partlclpatlng Inlerests 495,IX)O 100 495,000 100 Investment propertles Invo8tm•nt prop?rtle8 Cost or valuatlon At 1 Aprfl 20r3 Provlslon At 31 March 2024 Not book valuo At 31 March 2024 At 31 March 2023 495,000 495,000 495,000 36
The Prlest's House Museum Trust Notes to the Financial Statements for the Year Ended 31 March 2024 14 FIXEDASSET INVESTMENTS (contlnued) Shares In group undertaklngs and partlclpatlng Intsr8sts Subsldlary undertaklngs Tolal Cost At1 ril 2023 At31 arch 2024 Net book value At 31 March 2024 At 31 March 2023 100 100 100 100 100 10Q 15 DEBTORS 2024 2023 Trade debtors Du8 from group undertaklngg Prepayments Acuued Incom8 VAT recoverabla Other dgbtors 2,141 104,560 2,755 7,973 3.269 19,710 1,926 111,564 1,381 33,724 5,380 24,108 16 CREDITORS: Amount8 falllng duo wlthln one year 2024 2023 Trade credilors Other creditors Accruals Defèrrad income 5,864 5.363 11,755 7.047 4,299 1,037 10,232 4,526 37
The Prtest's House Museum Trust Notes to the Financial Statements for the Year Ended 31 March 2024 17 FUNDS Balan at 1 Aprll 2023 Balance at 31 March 2024 Incom• Expandltur• Tran8f•rs Unr•strl¢lod fynds G¢n•ral 190 D•8lgnat•d Capabifity ReseN8 Bequeslof proptrrty (Chorflons) Total D•#lgnaled 95,000 190.000 285.000 495,000 49S,ODO Total Unrn*trlcted Fun 917.168 302,285 287.973 526) 9311,954 R••trfctsd HAF EduCaOn Fund HLF R8vN¥l Daprecla0n Communlty and Cultur• Travelng Toggther Remlnlscence Toys from th• p¥t Mllstrgom Prole AIM Forg Total r•¥trl¢t•d fund• 1A40 (8611 (189,2371 579 1.472.228 1.302.991 2,500 2,500 2,000 {2.000) (1.2701 (201 110.318) 1187) 518 730 750 1.732 10.829 187 9,474 1.492,518 526 10.000 1J19h22 10370 1183,8921 TOTAL FUNDS Balan¢• al 1 Aprll 2022 Balanc• It 31 March 2023 Incom• Expondllur• TTan$lgrn Unro$trfct•d tund• General D•$lgnat•d Pen8k)n Fund C8poblllty Rosorv9 Beque8tofpropety {Charlton8) Tol•l 1,660 95,000 1,8801 95,000 495,000 591660 495,000 UNRESTRICTED FUNDS R08trlctod fvnd• Educallon Fund HLF Revlval Depred8Uon Arts Councll Grant WW1 Fund Town and Palsh Councll Bankos Project Mllstream ProJoct 18021 179,7431 1,457,482 1,041 94.489 1,472228 (1,0411 2,997 12,997) 4.000 362 3.759 4.000) 1362) 10.750 3.717 11.375 13,8801 13,5301 11,9011 10,629 187 9,474 Evenll Project DonAIIDn 2021 T8 Skeleton Total restrlcted fund8 100 1,487.346 11001 15,5031 123.328 192,6531 1,492,518 TOTAL FUNOS 38
The Prfest's House Museum Trust Notes to the Financial Statements for the Year Ended 31 March 2024 17 FUNDS (eontlnued) The speclfic purposes forwhlch the funds are to bo applled are as follows: Rostrfctod funds: Thè Naw Bulld Fund Indudlng HLF Ravlval fundlng represents the net book value of leasehold propertyand Improvements and exhlbltlon rtureS and fitling5. Th8 remainlng bjnd wtll b8 used for rostrlcted dapreclatlon chargas on Ihe 88s81s. Mlllstroam ProJect- Supporting the runn5ng of Mlllstream Theatre, a company ofLeamlng Dtsabled adults. DorBel Councll fundlng to sat up outreach Romlnl$¢en¢o sesslons in re homes and day centres with tralned volunte8rs Dorsel Coun¢ll fundlng for thr80 Hollday and Food Aclivlty (HAF) sesslons over summer 2023. S6sslons war8 fre6 for Ihoso on benefil relaled free school me818, and Included art workshops and a hot lunth. Funding from Museum Development South West for a fitmed Bdtlsh Slgn Langugge tour ofthe museum and port8bIe he&ing loop system for lour3. Thls was part of the Travolllng Tog•ther programme the museum wa8 part of. Communlty and Cultura Oorsel Councll fundlng to create x40 art packs for chlldren who use Wlmborne Food Bank. Theso 11 Include art 8uppll89 and a booklet of art actlvltles Insplrod by Ihg museum ond the collactlon. Toys from thg Past- Fundlngfromwlmborne Rotary andwmbome Llons to replacelpur¢haso resources used In learnlng sesBlons. De51gnated funds: Bequest of property {Charltons) represent8 the value of a property glfted to the Trust, Income from whlch18 used to support the general acuvltles of the Trust. Capablllty fund represents funds set aslde for the iunnlng of Ihe Trusl for a perfod of up to 12 months If excepllonal clrcumstances18ad to a slgnillcant loss of Income. 18 ANALYSIS OF NET ASSETS BEfwEEN FUNDS Unrestrlcted funds Gèneral Daslgnatsd Restrlcted fund8 Total fund• at 31 March 2024 Tang1& fixed a55e15 FSxed assol Investmonts Cuffent assets Current Ilablllues Total net assels 12,441 100 168,441 {30,028) 150,954 1,221,298 1,233,737 495.100 551,567 (30,028} 2.250,376 495.000 285,000 98,126 780.000 1,319.422 Unrestrlctod fund6 General Deslgnatod Restrlcted fund8 Total funds at 31 March 2023 Tanglble fixed assets Flxod asset Investmgnts Current assats Current Ilablllues Tolal net assets 1,338,743 1,338,743 495,100 595.937 120.0941 2,409,686 495,000 95.000 347.162 (20.094) 327,168 153,775 590,000 1,492,518
The Prlest's House Museum Trust Notes to the Financial Statements for the Year Ended 31 March 2024 19 RELATED PARTYTrANSACTIONS During the year the char5ty made Ihe following related party tran8actlons: Thè PrlesV8 House Museum Collectlon Trust (Acharlty wIth common Trusle8s) Durfng Ihe y98r£27,342 (2023: £5,741) was recelvod In donatlons from The Prlesfs Housa Mus8um Coilectlon Trust. Atthe East Dorsetiic (Subsldlary) Durlng the year wage$ recharges of£14,85812023: £10,182) wore made io East Dorsot.TlC. Taxable proflts g8n8rated from East Dorset TIC of£nll (2023: £nll) are glft alded to The Prlosl's House Museum Trust In Ihe subsequentfinanclal year. At the balanco shg8t date Ihg amount dugfrom Easl DorsetTIC was £99.582 {2023- £111.574). 40