THE PRIEST'S HOUSE MUSEUM TRUST Report of the Trustees for the Year Ended 31 March 2025 Family fun at Ihe museum with plenty of dressing up opportunities. The Priest's House Museum Trust Report of the Trustees for the Year Ended 31 March 2025 Page Report of the Trustees 3-21 Independent Examiner's Report 22 statement of Financial Activities 23-24 Balance Sheet 25 Notes to the Financial Statements 26-36 The Priest's House Museum Trust Report of the Trustees for the Year Ended 31 March 2025 The Trustees, who are also directors of the charity for the purposes of the Companies Act 2006. piesent their report with the financial statements of the charity for the year ended 31 March 2025. The Trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recornmended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (January 2022). OBJECTIVES AND ACTIVITIES The Charily's purposes are set out in the objects contained in the Memorandum and Articles of Association of the Priest's House Museum Trust. The Trust's objects are., 1) To advance education for the public benefit, in particular but notexclusively in the archaeology, ethnology, social history, natural history and kindred spirits, painting and arts and crafts, especially in relation to the town and district of Wimborne Minster and the towns and villages of East Dorset, as told through their heritage, landscapes and people; 2} To provide and maintain a museum and information seNice at the property known as the Priest's House in Wimborne Minster or such other buildings, and in pursuit of that object: to borrow and loan artefacts and archives relating to the area. to manage, document. conserve and safeguard the museum collections and holdings" to exhibit, interpret and provide public access to the museum collections and holdings. to provide learning experiences and activities for the public- to provide exhibitions, conferences, workshops and other events", to research, promote and publish studies of the area; to provide an information service to the public. Public benefit The Board of Trustees has referred to the Charity Commission's general guidance on public benefit when reviewing the museum's aims and objectives and in planning activities. In particular, the Board considers how planned activities will contribute to the aims and objectives set out in the museum's Fonmard Plan. The Priest's House Museum Trust Report of the Trustees for the Year Ended 31 March 2025 INTRODUCTION The Museum of East Dorset is the cultural hub and place to visil to learn more about the history of the area. It is an Arts Council England Accredited Museum. Its collections include rare and unique exhlbits of local and natlonal significance, which preseNe and celebrate the culture and stories of the local people from prehistory to the present day. The Museum of East Dorset rightly has a reputation for excellence in its schools, programmes. It engages with the local community through changing 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. listed building. which dates from Tudor times, with its own heritage-planted walled garden. The museum is located opposite the Minster Church in Wimborne. VISION, MISSION, VALUES Vision Hilda Coles. vision for her museum, 1960: in the best sense of the word, a 'live' museum - a centre of educalion and culture, continually changing its dlsplays and appealing to children as well as to adults. (Western Gazette, 2 December 1960). Vlslon 2021- 2025 We aspire to celebrate our rich heritage through a vibrant museum and cultural hub which connects people with Ihe past and offers enjoyment, leaming and inspiration to visitors of all ages. Mission To become a dynamic heritage and cultural centre for all, and a quality attraction in the area. We will achieve this through the following objectives: 1. Provide a compelling value-for-money experience for all ages which generates repeat visits and recommendations. 2. Help people to discover. share and engage wilh Ihe stories of East Dorset on site and digitally 3. Improve collections care, management and knowledge 4. Develop our understanding and relationship with diff8rent communities in Easl Dorset and beyond 5. Div8rsifylincrease income streams from Museum of East Dorset and East Dorset Information Centre 6. Ensure slaff and volunteers are appreciated and supported to effectively deliver their roles 7. Improve efficiency of operations, ensuring key processes, procedures and information are readily accessible. The Priest's House Museum Trust Report of the Trustees for the Year Ended 31 March 2025 Values and behaviours Celebrate East Dorset's heritage and culture by providing a sense of community and place Deliver a WOW experience through our museum services for all ages Ernbrace change. be open-minded to the possibilities it brings Create welcoming and safe spaces of interaction, participation and engagement- face to face and online Be imaginative and innovative. create fun wherever possible Offer authentic, knowledge-based growth and leaming opportunities Build open and honest relationships which respect people, through communications Build a positive team spirit with all stakeholders Be accessible and inclusive in all we do Stay true to Hilda's vision to be there for future generations STRATEGY AND ACHIEVEMENTS Following the completion of the Revival Project, and the end of the National Lottery Heritage Fund grant which funded four posts, the museum undertook a review of the staff structure. This ensured there were clear role definitions and a structure Ihat supports efficient museum operations. While the external environment presents ongoing challenges, especially for museums, we must remain a flexible and adaptable organisation, making strategic adjustments as needed to ensure the museum's long-term success. In autumn 2025, a new four-year Business Plan will be approved, addressing our funding challenges and providing a new direction to achieve the financial sustainability of the museum. We will apply for a new grant from the Nalional Lottery Heritage Fund to fund a Fundraising Consultant. It is vitsl we have a comprehensive Fundraising Strategy for the museum, to address currenl limitations and ensure the museum has the necessary funds to deliver the Trust's charitable objectives, now and in the future. The Trust will continue to align its aims with those of its key strategic partners: Dorset Council, Arts Council England and the National Lottery Heritage Fund. 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. A new admission policy was introduced in May 2024. All tickets becorne annual passes, allowing the museum to capitalise fully on the Gift Aid scheme. The move to annual passes also enabled us to set higher prices, whilst remaining competitive with other attractions in the area, which produced positive results for visitor income. To ensure we were not creating a barrier to visiling, we included a comprehensive concessions ticket which gives a discounted price for those of state pension age. those receiving means-tested benefits. Blue Light card holders, sludents and members of the Amied Forces community. In February 2025. despite challenges, the museum again received the silver award in the highly competitive Dorset Tourism Awards Small Visitor Attraction of the Year category. This came with extremely positive feedback from the judging process., "The Museum of East Dorset is an outstanding regional museum that offers a blend of historical depth, interactive learning and community engagement. The attention to detail in the exhibits, along with the inleractive and family-friendly features, enhances Ihe historic setting and creates The Priest's House Museum Trust Report of the Trustees for the Year Ended 31 March 2025 a welcoming atmosphere for visitors of all ages. Staff members and volunteers deserve recognition for their enthusiasm and willingness to share local insights, which add a personal touch to the experience. The museum should be praised for its efforts to connect with the community, preserving East Dorset's history while fostering a sense of shared heritage and pride among rts visitors." People The 2024125 financial year saw a period of significant transition for our dedicated team of staff and volunteers. There were considerable staffing changes, not all of which could be anticipated as some team members left for personal reasons or career progression. Despile this situation, we conlinued to operate our award-winning museum, learning and community engagement programmes. Stsff This reporting period saw substantial evolution In our staffing structure. With the Business and Visitor Experience Manager moving on In June 2024, it took time to decide on the right skills and experience to deliver what was now needed to support the museum. Following the departure of our Visitor Experience and Operations Officer in Febwary, we finally welcomed our Operations and Visitor Experience Manager in a newly created role. Unfortunately, due to rising costs, our Learning and Community Engagement Officer was made redundant and we shifted to a role with less responsibility and hours. A new Leaming & Family Assistsnt was recruiled. Our Events Officer moved on. A new role of Programming Officer was created to implement a strategic shift from one-off events lo seasonal programming focused on school holidays and key events in the calendar year. We also welcomed a new Commercial Supervisor and a new Finance Manager. We are currenlly recruiting for a new Collections & Experien￿ Manager following their departure for personal reasons and ongoing health challenges at the end of March 2025. The museum slarted working with an experienced markeling freelancer to help us promote the museum, including our social media presence. Within one month, more press coverage was generated than we had achieved since Ihe museum reopened in 2020. Today, marketing messages are aligned to the museum's strategy and audiences. Volunteers The museum's continued success also hinges on nearly 120 volunteers. who generously conlributed 15,972 hours of their time to help us achieve our vision and deliver the Trust's charitable objectives. We especially relied on our volunteers lo support the museum during all the staff changes. We are truly grateful for their unwavering commitment and flexibility. We remain committed to fostering a strong volunteer programme that offers a variety of opportunities and is open lo all. Through volunteering. individuals can: utilise and develop valuable skills Make a positive impact Become part of a vibrant museum community Enhance their personal well-being The Priest's House Museum Trust Report of the Trustees for the Year Ended 31 March 2025 This year. we created several new volunteer roles including Museum Makers - creative crafters who support seasonal programming. With advice from a highly skilled volunteer, we have started work on our offer to groups visiting the museum. The Research Team has been expanded to support exhibition research, including new research on hidden histories in our collections. (These are stories which are not often told, about people in minority or disempowered and discriminated-against groups.) An Alumni Group has been formed. lo support former volunteers who wish to continue to maintain their connection with the museum. and in recognition of their service. New training and development programmes for volunteers now include: Health & Safety and manual handling Security procedures and lone working policies Safeguarding Disability Awareness Congratulations to our Garden Team which won the Volunteer Team of the Year award from Volunteer Centre Dorset. This accolade acknowledges their exceptional contribution to the museum and its beautiful garden. We are very proud of them. A particular thank you to our'volunteer, Volunteer Development Officer for her tireless work to improve our volunteer programme, develop and deliver new training sessions. and for her willingness to be involved in other projects across the museum. Equality, Diversity and Inclusion IEDI) The museum is fimly committed to fostering an environment that is welcoming and accessible to everyone. We believe that the stories and experiences we share should resonate with all members of our community, regardless of background, ability, or identity. We aim to Gontinuously improve the experience for visitors, beneficiaries and team members. Highlights from this year include: Accessibilit Installation of high-contrast stair treads on visitor staircases to support those with vision impairments. Completion of Large Print Guides for the museum. created through the dedicated work of a volunleer and tested by rnembers of the Wimborne Macular Degeneration Society. The Priest's House Museum Trust Report of the Trustees for the Year Ended 31 March 2025 Initial work on creating 'relaxed" visits specifically designed to support individuals who might othepwise be unable to visit, such as those who are neurodiverse. The museum applied lo the Dorset Council's Culture and Community Grant for funding and was awarded a full grant. As part of the grant requirements, the museum needed to fundraise 20./0 of the lolal project cost. We received a generous £500 anonymous donation to support this, plus £120 from a local group. Creation of a Sensory Map to support those who are neurodiverse, by showing which areas of the museum are likely to be noisy. bright. dark or have strong smells. This allows visitors to opt out of areas which might be triggering or to prepare for how those spaces will feel. Two donors provided funding for our first*ver Braille guide, which should be completed by the end of 2025, the 200th anniversary of Braille. We also received a donation for walking stick seats, which are particularly beneficial for those who might only be able to walk a short distance before needing to sit down. °Inclusive. interactive. accessible and funl We attended a clay workshop. and it was excellent. My neurodiverse tribe enjoyed the freedom of the garden and exploring the museum as well as the planned aGÈivities. The volunteers were friendly and made every effort to engage and encourage the children. The museum itseff is wheelchair accessible to all floors and is hands- on. My children particularly enjoyed the schoolroom and the ironmongers. Video installations. touch screen information points, hunts, quizzes, dress-up opportunities too. We will definitely be coming back." Euan's Guide, Augus12023. Inclusive ro rammin Recommendations for inclusive recruitment have been created and are being used for staff. volunteer and trustee recruitment. The museum has also signed up as an Age-Friendly Employer and has a Level 2 in the Disability Confident Employer Scheme. Introduction of diverse skin-tone colouring materials for events and learning activities. Addition of diverse and disabled Barbie dolls to school loan boxes, including a Chelsea (child doll) who uses a wheelchair, a Ken doll with a proslhetic leg. and a black Barbie with Down's Syndrome. In June, we celebrated Armed Forces Day for the first time. In partnership with Wimbome Town Council. we offered the Armed Forces community free museum entry along with a complimentary drink and cake from the Tea Room. The local Royal British Legion attended and had a stall. We hope to continue growing our work with the Armed Forces community in future, as Dorset has one of the highest numbers of any county in the UK. The Priest's House Museum Trust Report of the Trustees for the Year Ended 31 March 2025 Museum Develo ment South West's Growin To ether ro ramme Following the success of last yearfs Museum Development South West's programme Ttsvelling Together, the museum has joined the next stage programme. Growing Together. The programme continues to deliver on the positives from last year, with opportunities for sharing across museums and leaming from others. The museum will receive a £5.000 grant from Ihe programme in 2025126, which will be used to ensure diversity and demographic dala of all our users and beneficiaries are captured. This data will allow us to understanij in more detsil who currently benefits from our work and who may be missing out, allowing us to targel our programmes and projects more effectively and deliver greater social impad. The museum's Diredor has become a project Champion for the new programme. for which the museum received a £500 stipend. This included the delivery of a second session of last year's peer network titled 'Not just ramps and lifts: improving accessibility for busy museums, lo a diverse audience of museum staff and volunteers across the southwest region (and beyond). Holida and Food Activi sessions The museum has successfully delivered further Holiday and Food Activity (HAF} sessions, funded by Dorset Council. Two sessions were held over the summer. where children made either a clay sea creature or a flapping seagull puppet. Just before Christmas, we delivered another popular session, the first time we have held a HAF session outside of summer. On this occasion, the children made clay penguins and reindeer with artist Debbie Clarke, participated in a sensory food session with the Friendly Food Club, and were given a hot pizza lunch from Piccolo Mondo. The museum also provided each child with a bag of Christmas presents worth £45, including Lego and Christmas squishies. They could also choose from a selection of second-hand donated books, loys and gift items. Wimbome Foodbank+ In summer. with funding from Dorset Council's Culture and Community Fund. we created and delivered 40 high-quality art packs to dislribute to children via the Foodbank. These packs were extremely popular and included a booklet with art projects inspired by the museum's collection, created by local artist Julie Herring. and free family entry to the museum for a year. At Christmas. we trialled a present scheme where customers could purchase a gift frorn the museum's shop to be donated to the Foodbank. 74 individual items were donated in this way, including items purchased from two donations, totalling £145, specifically for this initiative. We intend to continue the scheme next year, starting earlier and with better promotion. The Priest's House Museum Trust Report of the Trustees for the Year Ended 31 March 2025 Community Engagement Wimborne Town of Culture 2026 Dorset Town of Culture is county-wide initiative established by the Arts Development Company. The scheme gives a town, village, or hamlet in Dorset the opportunily to deliver a year of 'extraordinary cullural activity,. The winning town receives £30.000 from Dorset Council, which is then match- funded by their Town Council. The museum's Director played a key role in Wimborne's successful bid to become Town of Cullure 2026. She acted as the Vice-chair of the Steering Group and as the Heritage Lead during the preparation of the full application. As part of the bid, she gave a short presentalion to the judging panel about the museum's recent access improvements and how the Town of Culture status could encourage further improvements across the town. Millstream Theatre Millstream Theatre is a company of Learnlng disabledl Neurodiverse actors from East Dofset and beyond who meet to create original productions using storytelling, movement and drama. Saturday morning drama workshops are run at the museum by Tam Gilbert (Persuasion Arts) and Tony Horitz {State of Play Arts), both experienced community theatre practitioners specialising in disability theatre. This year, the members created a new piece, 'In Harmony,. which was performed at both the museum and Dorchester Arts. It centres on a group of characters, chosen by members from paintings, as they try to figure out a way lo save their favourite local café, which is threatened with closure by Lord Sugar and Karen Brady. The cabaret style piece. which included singing, poetry and rnagic, received rave reviews and helped raise funds for the group. Four new members joined the group, which goes from strength to strength. For t-me-nots The museum started a new community project to create a speclacular display of knitted and crocheted forget-me-nots for Dementia Actiorb Week in May. So far. we have received thousands of flowers made by local individuals and groups. with some even being sent from as far away as Lancashire and Scotland. The project is being used as an opportunity to promote the museum's dementia programmes. Thanks to a donation from the Pop Up Garden Group, we have been able to provide wool for those who need it. 10 The Priest's House Museum Trust Report of the Trustees for the Year Ended 31 March 2025 Reminiscence 8nd outreach Reminiscence provides many therapeutic benefits for older people, particularly those living with dementia. It promotes emotional wellbeing. cognitive stimulation and social interaction. The museum offers a range of interactive sessions which are open to all. Members of our award-winning team of experienced volunteers go into the community. visiting day centres, care homes and seniors, clubs as far away as Wareham and St Ives. Around 30 sessions were held in 2024. The use of original objects, photographs, ephemera and music from the museum's collections helps stimulate memories, create sensory experiences and foster meaningful connections. The museum has stsrted adapting the sessions for those who are blind or visually impaired, using scents and tactile objects. These have received great feedback. "Our wonderful ladies and gents truly enjoyed all the vintage items thal you kindly displayed and spoke about. Also, a massive thank you to how you delivered the session.. with compassion and understanding around having cognitive impairments. We re very much looking forward to your next visit.. Testimonial from a Care Home Manager. MUSEUM ACTIVITIES THIS YEAR Temporary exhibitions 'Rebellion and Revolt, A ril - October 2024 This exhibition. developed in partnership with the English Civil War Society. explored Dorset's turbulent history during the 1640s Civil Wars and 1685 Monmouth Rebellion, The exhibition supported local heritage events, including Ihe English Civil War Society's 'Battle for Wimborne, and the Wimborne Militia's 25th anniversary celebrations. The weekend of the 25 May saw the museum taken over by troops and their families, showcasing Civil War living history. For May half term, we offered farnilies the opportunity to make a free clay mascot, inspired by a 17th-century war dog, with museum entry. In partnership with Wimborne Militia, renowned British historian Ronald Hutton gave a sell-out talk titled 'Did Monmouth's Rebellion Mattefi. exploring the historical significance of the Duke of Monmouth's 1685 rebellion against King James11. 11 The Priest's House Museum Trust Report of the Trustees for the Year Ended 31 March 2025 .1 Grew Up 90s' (November 2024 - March 2025) Building on Ihe success of our Star Wars exhibition last year, this bought-in exhibition from curator Max Fox attracted significant family audiences. The exhibition fealured over 200 iconic objects from the 1990s, from Britpop memorabilia to Teletubbies. creating powerful intergenerational conversations be￿een parents and children. We even re￿iVed national press coverage, featuring in the Telegraph, Express, Daily Star and BBC News online. 111 £.yAIPI'N"" 12 The Priest's House Museum Trust Report of the Trustees for the Year Ended 31 March 2025 Voice Gallery dlsplays 'The Art of Nic Rawlings and The Paper Cinema, (Autumnmlinter 2024) As part of the Dorset Museum Association's 'lnspired by Dorset, campaign, this display celebrated local contemporary artist Nic Rawlings and his innovative fusion of art. puppetry, music, and film. The Paper Cinema company. based at Walford Mill in Wimborne, has been entertaining audiences globally for 20 years, and the display gave an insight into Nic's creative process. The Paper Cinema ran a workshop for four groups of children, who created their own movies, designing and making puppets to tell their story and resulting in spedacular productions. 'Wimborne at War (Spring 2025) The display, created to mark the 2025 anniversaries of Vidory in Europe day and Victory in Japan day, captures the local resilience of the nation during the Second World War. Visitors can see objects, including gas masks and photographs and even a 'Mickey Mouse" gas mask for babies. The displays also cover the popular Dig for Victory and Make Do and Mend campaigns, as well as paying tribute to our founder. Hilda Coles, and her military service in the Women's Royal Naval Service. Learning programme The Leaming Team faced exceptional demand for sessions this year. During the year, we recruited and welcomed a new group of new, enthusiastic volunteers. Together, they have played a key role in delivering memorable experiences for the growing number of schools across the region. In total, we had conlacl with 3,000 children through loan boxes or visits, many of which were repeat schools. We welcomed three students from local schools on work experience placements this year, and a young volunteer to the Tea Room who was completing their Duke of Edinburgh award. In the coming months. we will be launching our enhanced work experience offer, Youth Action, which was developed in conjunction with Bournemouth and Poole College and a Learning volunteer. Events A key slrategic decision to transition from one off events to seasonal programming significantly boosted visitor numbers. press coverage and revenue. A diverse array of offerings ranged from educational workshops to fundraising events, all of which contributed to a dynamic and engaging schedule for the local community and visitors. Seasonal ro rammin Seasonal programming was a notable success, with school holiday trails from summer onwards offering families a clear reason to retum. Trails included summer's 'Pirates. Smugglers and Sandcastles.; the October 'Spooks and Spectres, trail: and 'A Very Dorset Christmas,, with the museum decorated for the festive season. 13 The Priest's House Museum Trust Report of the Trustees for the Year Ended 31 March 2025 For February half term. our Pokémon trail was a huge success, resulting in our busiest school holiday to date. Many families brought their children along without telling them whal they would be doing so they could surprise them. woJo°é The Christmas season was particularly busy. Highlights included the ever-popular Christmas Shopping Evening; our 'Visit Santa, sessions welcomed 106 children into an enhanced grotto; and our first ever Visil Sants for Special Educational Needs and Disabilities (SEND) children. The latter received positive feedback with several families mentioning they had never been able to visil Santa before. . LIÉGIOllf Other events The annual summer féte was a triumph, raising an impressive £1,024 through dedicated volunteer and public support. A highly anticipated and bespoke Murder Mystery event held in August was a resounding success and saw mosl guests arriving dressed in 60s-themed attire, making it a truly memorable and well- received experience for all. Created by a local theatre company, the event's narrative was crafted using the rich history of the museum and the surrounding aiea. All 60 tickets were quickly sold out, and the event achieved the highest-ever bar sales of any event for the museum, taking in £265. A new partnership was formed with Dorset Rural Music service, with 'Caprice of Fancy,. an evening with Violinist, Emma-marie Kabanova and Guilarist, Colin Thompson. They perform&d music for classical guitar and violin by Paganini and his early 19th century contemporaries. In September, the museum's historic house was included in the Dorset Architectural Heritage Week programme. Worksho The museum continued to foster communlty engagement and lifelong learning through its art and craft workshop programme. Existing favourites such as fused glass and mosaic workshops remained extremely popular and new workshops were introduced like Cold Porcelain flowers and the Japanese art of Shibori. The annual Fundraising Quiz sold out, raising a total of £300 through ticket sales and the bar. Paranormal Investi ations Paranormal visits remained popular in 2024125, encouraging new audiences to visit the museum. 14 The Priest's House Museum Trusl Report of the Trustees for the Year Ended 31 March 2025 OTHER ACTIVITIES Collections Dis sal and rationalisation Significant progress was made in collections disposal, with items from off-site storage at Child Okeford being offered to other museums, and remaining items being sold through a local auctioneer who kindly waived their auction fee. Disposals are a healthy part of collections management, and we follow the ethical disposals procedure set out by the Museums Association. Conservation ro ects In the attic, volunteers continued to work on checking and cleaning items in our costume collection to reduce pest infestations. Up-skilled volunteers have taken on general pest checks for the museum as well as the management of our relative humidity data loggers. other activities in Collections include the ongoing digitisation of the museum's photographic archive and the cataloguing of our artefacts and ephemera on Modes, the museum's collections management software. Information Centre East Dorset TIC Ltd, managed by the Trust since January 2014, continues to deliver a quality service of local informalion to bolh the community and visitors to the area. The service is combined with the main entrance space 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 have encouraged visitors to browse and purchase goods. On Ihe day of the Save the Children parade, we had our most successful Christmas period ever for the shop with takings in a single day exceeding £1,000. Providing samples of Dorset Ginger drinks in the run up to Christmas proved particularly successful, with over 25 bottles sold. Other festive initiatives included 3 for 2 on hanging decorations and a 'spend £50, get a free hamperf offer, which encouraged customers lo spend more. A new range of stock for the '1 Grew Up 90 s, exhibition brought colour and fun to the shop. We started stocking RADAR keys again, which give disabled people access to locked toilets. We also ensure that the shop includes fidget and sensory items for visitors who may like to purchase them. Sècond-hand bookshop The Second-hand Book Team had an outstanding year. generating almost £12.000 for the museum from donated books. Special events included collectables sales and book valuations, supported by volunteer expertise and specialist knowledge. The shop has developed a strong and very loyal customer base. 15 The Priest's House Museum Trust Report of the Trustees for the Year Ended 31 March 2025 Tea Room The Tea Room is our strongest source of commercial income for the museum, and the staff and volunteers are always ready to greet customers. Outdoor seating has been expanded signrficantly, with parasols protecting visitors from sun and dog walkers from rain. A trial of locally made sandwiches proved extremely popular, so they have been added to our regular menu. Successful involvement in September's Food Festival, including a talk and taslers, led to excellent sales of over £1,000. The museum won silver in the hotly contested CafélRestsurant category at the Wimborne Business Awards. We celebrated with an afternoon tea for Tea Room volunteers to thank them for thelr hard work and commitment. Garden Our award-winning Gardening Team continued ils exceptional work in maintaining and improving our 100m heritage garden, which always receives such positive feedback from visitors. In 2024125, they generated £2,691.08, an increase of over £1,100 from last year. from sales of home-grown plants, harvested garden produce and preserves. Their fundraising efforts go towards the upkeep of the garden. Facilities & compllance The volunteer Facilities Team has continued to work hard to resolve outstanding health and safety issues and improve compliance issues across the site. Our 'Green' Team, comprising facilities volunteers. has progressed solar panel investigations, including negotiations with the freeholder, the Goveinors of Wimborne Minster, and Dorset Council. We are now looking for funding to deliver the project. Membership scheme The Trust's existing members have always provided invaluable financial support through their subscriptions and attendance at events. Their support enables key services to be delivered, which enhance the local community and provide real public benefit. Many of our members also support the museum through volunteering, donations, and generously sharing their skills and experience. As some of our biggest advocates locally, members make a real contribution to our work. 18 The Priest's House Museum Trust Report of the Trustees for the Year Ended 31 March 2025 FINANCIAL REPORT Totsl revenue income of the Trusl was £242,313 (2023124: £312,555). Due to the difficult economic climate and a reduction in grant income available. the lotal income is lower than in recent years. The museum team is working hard to focus on activities which generate higher income streams, as well as reducing overheads as far as possible without impacting visitor experience, including staff restructuring. Grants received included: > Dorset Council £45,000 (2023124: £70,000) From the leisure and tourism team, for cultural development. > Millstream project £541 Supporting the running of Millstream Theatre, a company of Learning disabledlNeurodiverse adults. > HAF grant £1,416 Dorset Council funding for Holiday and Food Activily (HAF) sessions over summer and Christmas 2024. > Community & Culture £1,240 {500/0 of total grant) Dorset Council funding to improve inclusion. accessibility and diversity within the museum. including a new sensory shed kitted out to cater for SEND visitors. The Trust received donations and legacies amounting to £40,698 (2023124: £32,809). The museum is extremely grateful to the donors for their generous gifts and to all donors, large and small, for their continued support of the museum. Expenditure on museum activities was £409,414 (2023124: £471,865). At the year￿nd, total unrestricted funds held were £857.663 (2023124: £930,954). Restricted funds held were £1,225,611 (2023124: £1,319,422). Free reserves Free reserves at the year-end are £66,735 (202312024: £289,467). Calculated as unrestricted funds. less designated funds, less fixed assets. Reserve policy The Trust aims to maintain unrestricted funds. the free reserves of the ChaTity. at a level sufficient to ensure that all unrestricted expenditure outstanding at any one time can be met, and to that end in 202312024 moved £285K to a designated reserve - this amount has increased to £385K with additional designated funds for new projects as outlined in Ihe strategy. The Trustees thereby have ensured a minimum reserve equal to the estimated fixed costs of running the museum for period of 12 rnonths. A restricted depreciation reserve is in place to cover all future depreciation arising from the result of recent improvements to the premises, following the generous grant for the Revival Project. 17 The Priest's House Museum Trust Report of the Trustees for the Year Ended 31 March 2025 Investment policy The Trust receives an income on an annual basis through entrance fees, donations, charitable activities and other sources. It budgets to expend all anticipated income. whilst maintaining 12 months, operating expenditure in reserves each year. When the Trust's current accounts exceed £150.000 Ihe additional funds will be transferred into investments, balancing the need for access to working capital. Existing inveslments remain on deposit at Ihe best rale available with organisations authorised by the Financial Conduct Authority and covered by the Financial Services Compensation Scheme. This year. we will seek a professional Investment Manager to manage the Trust's investment portfolio and create an action plan. Investments. including type of portfolio, will be made in line with the Museum Association's Code of Ethics. STRUCTURE, GOVERNANCE AND MANAGEMENT Governlng document The Priest's House Museum Trust is a company limited by guarantee, governed by its Memorandum and Articles of Association, and is a registered charity. The members of the museum are subscribing members: in the event of the Trust being wound up, the liability of the guarantee is limited to £10 per member. Recruitment and appolntment of new Trustees As set out in the Articles of Association, the Trustees retire by rotalion and are elected by members attending the Annual General Meeting (AGM). Truslees can co-opt to the Board during the year and seek confimiation at the next AGM. When considering the appointment of a trustee, due regard is given to a balance of skills to ensure that the Board has as wide a knowledge base as possible. The Trust operates an open recruilment policy for trustees with advertisements placed both locally and nationally as required. Trustees are inteNiewed before an appoinlrnent is made. Organisation structure The Board of Trustees. which comprises a maximum complement of 10, oversees the administration of the charily and ils trading subsidiary. The Board meets at least four times a year to discuss strategy. finance and other important aspects of the charity's business. It employs a full-time Director who has responsibility for the day-to4lay activities of the museum and reports back to Ihe 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-committees: Resources Committee- has delegated responsibility to consider a range of financial and human resource issues. Visitor Services Committee - has delegated responsibility to consider visitor experience and commercial aspects of the museum operations The sub-committees meet a minimum of four times a year and report back at each Board meeting, recommending proposals for approval. 18 The Priest's House Museum Trust Report of the Trustees for the Year Ended 31 March 2025 Induction of new Trustees New Trustees will undergo an induction where Ihey will be briefed on their legal obligations under charity and company law. They are provided with the Charity Commission guidance on public benefit. the Memorandum and Articles of Association. previous Trustee meeting minutes, museum strategy and policy documents, and annual budget and recent financial performance of the Trust. They will meet the Director and other staff members and have a tour of the facility. All Trustees can attend training events which will benefit their roles on the Board. Key management remuneration Twstees receive no remuneration for time spent on museum matters. Details of any expenses claimed are set out in the financial statements. Related parties The Trust has a wholly owned subsidiary: East Dorset TIC Limited (Registered Charily number 8809040), which was established on 1 January 2014 to operate the Tourist Information Centre which had previously been operated by East Dorset District Council. East Dorset TIC Limited transfers any surplus achieved in a financial year to the Priest's House Museum Trust. Following discussions and extensive legal advice on both sides, the Priest's House Museum Trust became the Corporate Trustee of the Priesl's House Museum Collections Trust on 3111212024. Both Trusts will continue to operate as separate entities. Risk management A risk management strategy is being developed by the Board of Trustees as part of the Business Planning process to ensure that all significant risks facing the Trust are identified, and mitigations put in place where appropriate. This will be included in the Business Plan and approved by the Board in autumn 2025. The Trust's risk status will then be reviewed and reported on a regular basis. 19 The Priest's House Museum Trust Report of the Trustees for the Year Ended 31 March 2025 REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 03488337 (England and Wales) Registered Charity number 1068540 Reglstered office 23127 High Street Wimbome Dorset BH21 1 HR Trustees Sara Marshall {Chair) Sue Cook Jonathan Greenwood Vanessa Joseph Jeremy Mills David Morgan Sarah Newman Mario Roncaglia Sue Revill (confirmed at AGM on 0311212024) Independent Examlner Jenifer Richardson FCA, FCCA DChA 20 The Priesl's House Museum Trust Report of the Trustees for th8 Year Ended 31 March 2025 Statement of Trustees. Responsibilitles 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 Irustees, report and the financial statements in accordan￿ with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland.. Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the stale of affairs of the charitable company and of the incoming resources and application of resources, including its income and expenditure, of the charitsble company for that period. In preparing these financial statements, the trustees are required to: select suitable accounting policies and apply them consistently; observe the methods and principles in the Charities SORP. make judgements and estimates that are reasonable and prudent. state whether applicable accounting standards, comprising FRS 102 have been followed, subject to any material departures disclosed and explained in the financial statements. and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business. The trustees are responsible for the maintenance and integrity of the corporate and financial infonnation included on the charitable company's website. Legislation governing the preparation and dissemination of financial statements may differ from legislation in otherjurisdiclions. Approved by the trustees of the charity on . I.1. i .A.Q.. .ZO.7/Sand signed on its behalf by: L. wn.LoL Sara Marshall (Chair) 21 The Prl•$t's Hou$e Mus•um Twsf Independent Examlnerfs Report to the Trust¢es of The fviest's House Museum Twst Independènt oxamin•rfs report to the twsteès of The fviest's House Museum Tmst {Yh• Company.) I report to the ¢harty Irust8es on my e￿an￿all)n of the accounts ol the Cornpany for Ihe y8ar ended 31 March 2025. Responslbllitles and basi$ of report As Ihe Trustees of the Company (and also it3 dlrectors for the purposes of company ￿w> you are responSb￿ for the prep8ratK)n of the accounts In accordance with Ihe reqLwements ofthe compan￿ Act 2006 ('the 2006 Acri. Havkng ¥8lk8fled myselfthat tha account8 oflhe Company are nol requ￿ed to be audited under Part 16 of the 2006 Act and are eliJble for ind*pendent examination. I r8port kn respect of my exaM￿alKIn of your chartys a¢counls as eariièd out vndei S&cth)n 145 01 the Charithes Acl 2011 (Ihe 2011 Acf). In Carrying out my ¢xaminatlon I have fovowed lh& DireclKJns gNen by Ihe Charity Commkssion under Seclion 145{S} {bl of Ihe 2011 Act. Indop•nd•nt examlnees sl•t•ment I have Completed my ex8minatw. I conf¥m that no matters have come lo my attention in connectk)n wth the examlnatTh givlng me c$use to bèfEve: 1.a¢counling records wer¥ not kept n respect ol the Company as requwod by sect￿ 386 of the 2006 Act". or 2.the accounts do not accord whh those ￿Cords. or 3.the accounts do not compty w#h the accounli)g req￿￿er￿ts of SectKJn 396 ofthe 2006 Act Ot￿ than 8ny reqLrwemBnt that t1￿ accounts gtve a tnre and faw view wh￿h is not a matter consrdered as part of an indeperKlenl examwwlvm" or 4.the accounts have not been wepared in accordance wth the meth￿S and prIncry)￿s of the Statemenl of Recommended PraCt￿e fot 8ccountuig and report¥￿ by charitw {app￿ab￿ to charibes preparwkg theKr accounts n accordance wtth th8 Financiaj Reportry Stsndard apptrcable Tri the UK and Republ￿ of Iiebnd IFRS 1021). I have no eoncèrns and have come across ￿ other matters conneclB)n with the examinatron to whrh attontKJn shouhd be diawn in thts report in order lo ertrab￿ a proper unclerstanding of Ihe accoLrnts to be ￿sChed. Miss JA Rlch4rdson FCA FCCA DChA 22 Th• Prlesl'$ Hou$0 Mu¥•um TNst Staternent of Flnancial Actlvili•$ (In¢0￿OratIng an Income & Expendltur• A¢¢ount} for thè Yèar Ended 31 M*r¢h 2025 2025 Tolal fvnds Noles Unrestr￿ted Restricted INCOMEAND ENDOWMENT5 FROM Donati)ns and ￿9ac[s$ Charitable a￿￿e$ Investrnent iicomo TOTAL 103.280 112.631 16.958 120,238 112.631 16.958 242312 EXPENDITURE ON Ra6ty1g lund8 char((ab￿ aCtr￿itES TOTAL 11,205 287 685 298,890 8,704 101819 110524 19,910 NET {EXPENDITiIREII INCOME 173.536} 193.5661 {167.1021 Transfèr between lunds 245 {2451 N¢1 mov•ment in lunds 173.2911 193.8111 1167.1021 RECONCILIATION OF FUNDS TOTAL FUNDS BROUGHT FORWARD TOTAL FUNDS CARRIED FORWARD 930.954 857 663 1.319.422 1225 611 2,250.376 2 083 274 18 The notes form part of these financial stataments 23 Th• Pri•st's House Museum Trust Phor year Statemonl of Flnan¢lal A¢tfvities {In¢orpoTating •n InMmo & Expèndlture Account) forthe Year End¢d 31 Illar¢h 2024 2024 Totsl funds Notes Unrestrkled RestrKled INCOME AND ENDOWMENTS FROM Donatk>ns and legacies Charitable aclNit*$ Inveslrn$nt Income TOTAL 125.819 171.293 10,270 136,089 171.293 302 10.270 312 555 EXPENDITURE ON R8i%ing funds CharttabJ& 8cttvftl8S TOTAL 31,973 256.000 287 973 42.825 141267 183.892 74.598 397.267 NET (EXPENDITUREII INCOME 14.312 {173,6221 1159.310) Tr¥nsf•r b¢tw••n funds 15261 526 Net movement Sn fundg 13,786 1173.0961 1159,3101 RECONCILIATION OF FUNDS Total funds brought forward TOTAL FVNDS BROUGHT FORWARD TOTAL FUNDS CARRIED FORWARD 977.168 1,492.518 1319422 2.409,686 2 250 376 18 of th& charrty's aclNities derive from Continu¥￿ operat￿$ during Ihe above iwo periods. The funds breakdown for 2024 ks shown in note 17. The nots$ form part of Ihese financ&g1 slatemtsnts 24 Th# Prl•st'$ Hou$• Mus•um Trust Balancè Sh••t 31 March 2025 Registered Company Numbor 05574S84 2025 Total fund$ 2024 Total funds Notes Unr•strl¢t•d Rèstrlcted FIXED ASSET8 Tangibb fLxed as$¢t$ Investments Total flxed assets 13 14 1.119,682 1.127.509 100 1,127.609 1.233,737 495,100 1,728,837 100 7,928 1.119.682 CURRENT ASSETS D&btors Investmenls C88h at bank and in hanLJ Total currenl assets 15 16 73,286 238,614 561.967 873,867 73,286 238,614 E67,896 979,796 140,409 105.929 105.929 411.158 551.567 CREDITORS Amount$ falling due within one y•ar 17 124,1321 124,132) 130.0281 Nel current as88ts ASSETS 849,736 857,663 105,929 1,225611 955,665 2 083 274 521,539 2 250 376 FUNDS OF THE CHARrrY Rèstrkted funds Unrestr1¢18d funds 1.225.611 1.225,811 857.663 1.319.422 930,954 857.663 TOTAL FUNDS 18 2 083 274 2 250.376 The ch¥rltabb ewipany 1$ an1￿￿d lo exemplon trom audit under Sts¢tKJn 477 ofthe Companies A¢1 2006 foT the year ended 31 March 2025. Thè members h8ve not raqulred the company to obtain an audit of its financial slalemenls fc* thé year In qu8Stbn In accordance with Secli)n 476 of the Compan￿$ Act 2006. The directors acknowledge their re5pon5iblities for 181 en$urhg that th• eharitabk8 company keeps accounting recoTds that Comp￿ wtth Soclbns 386 and 387 of the Compani?B Act 2006 and Ibl prepa￿n9 flnan¢ial Statements whioh gwe o true and fair vyèw of the slate of affars of the ¢har￿8bk9 company as at the end of each financial year and of its surpkns or def￿rt for aach financial yèar In accordance with the iequirements of SeclDns 394 and 395 and whkh otherwlse compty with the requirements ol the Cornpanies Act 2006 reialing lo financHi si8temenls, so far as 8pplicable to thè charitab￿ company. These fjnan¢kql stat¢ments have been prepared in accordance with the provis￿￿¥ $pplt8bla to charrtable CoMpan￿S subjecl to Ihe small companies regime. The financlal slatements were approved by th8 Board of Trustees and 8uthorl$ed for Èsue on ... ts behalF by.. .J&UL....L..:..Ibwn Sara Marnhall- Chalr of Tru8t•¢$ Thè notes form part ol these financial stalemgnts 25 Th• Prf•sl's House Museum Twst Notes to the Flnanclal StatempntS for the Y•ar Endod 31 March 2025 1 LEGAL FORM I CHARITY STATUS The charty 15 Iwnlcgd by guarantee, hcorporaled in thè Untted lthngdom. and con8equenty does not have $har& ¢apitAI. Each of the trustées i% lkable to conlrbul& 8n amounl no ex¢eedir4J £1 towards the assets of lh$ Charty In the evenl of IHJupJalK)n. The address ol ts regi4lered office 8Nd prwiciple pjace of buskness 2&27 HvJh Street lfylmborne MinsleT Dorset BH21 1HR 2 ACCOUNTING POLICIES Summary of s5gnificant accounting polielès and k•y a¢countlng estlmates The Pr￿CIpal a¢ctsunling polckes applied in Ihe preparat￿n of these financial $lalernents arè sat oul babw. Thesè por￿19$ have been consistenlty applied to 811 the ye8rs presented. Ltnless otheTh4ise staled. St*ement of compllane• The financk81 slalemgnts havè been prepared in accordance with Accounting Reporttng by Chaiities.. Slatement of Recommended PraCt￿e lapplKable to charth.es weparing Iheir accounts in accordance wkh th8 Financlal Reporlmig Standard 8ppScabk ￿ the UK and RepubSc of Ire￿nd IFRS 102)) li£sued in October 20191- ICharFkes SORP IFRS 10211. Ihe Flnancial R8POrting Standard appI￿ab￿ n the UK ar￿ Republic of Ireland IFRS 1021 ènd thè Companies Act 2006. Basls of pr•parlng the flnan¢lal st?lem•nts The Pryèsfs Hou58 Mus¢um Trust is a regi8teTed charty. registration number 7068540, ¢Dmpany number 3488337. Tegtstered In the Untted Kingdom. The adere$s Ol th$ ¢h8rty k y￿en kn Ihe reference and administratNe delalls in these fwncial stalernents. Thè n81ure of the charty's Opera￿n8 and prlncipal activ￿e$ are des¢rkned in the Trustees annuel report. Thè ¢h8rty ¢on$titutes a publK benefrt entity as defined by FRS 102. The fmancial siatements are prepared on a going concern basis under the hi81U￿al cost ¢onvenlK)n. modffj￿d to include certa items at fair valje. The financkil statements are pr8pared In sterllng wh￿h is the funcl'onal currency of thè eharty and rounded to the nearest Goin9 concern In the opink)n of the board the ¢h8rity h85 su￿￿1&nI working caplal to coniinue to meet its financkgl owats.ons and pay its fmbkns s Ihey fall due lor the foreseeab￿ future and IheTefore the financial statements have been prepared on a going concern basr&. The board has fOnSKltrred the revel of funds hekl and th8 8XP8Cted ￿Ve1 of ￿coMe and expenditure for 12 months trom authDrking thèsè financral statements. The budgeted net expenditure ￿ surrrK8nt with Iha lsvèl of rèsèrves held for the charty to be able to continue 8S 8 gL)ing ¢oncèrn. Subsidiary Entlty The Easl Dorsel Touriil Information Cgntr? I￿DTIC.l Is a futy owned subs￿larY ofThe PrEsl's House M￿tUm Twst. EDTIC profrt 01 £27,79212024.' £nlll will be donated to Thè Pr￿$V$ Housè Musèum Trusl In the subsequent financL91 peilod. 26 The Prlest's House Mutyeum Twsl Note6 to thè Flnanclal Stat•m•nts I￿ntInued) for the Year Ended 31 Mar¢h 2025 2 ACCOUNTING POLICIES (contlnu•dl Income and endowm¢nt$ AM Income is recognlstrd once the charrty hos entitremenlto the income. it is probabte Ihat the income WOJ be reCe￿ed ofKI Ihè amount of the income recewable Can bts m8a$ured r¢liabty. Donatlons and lega¢les Dotb8iDns awe Tecognised when the charity has been nolifted in writing of both the amount and setuemenl dalè. In Ihe event that a donalDn i5 subject lo condf£K)ns that require a kvel of performance by the charty before the charty is enlrlled lo the funds. th8 income i8 deferred and not recognised until either th058 conditK)ns ar8 futy m&t, or the fU￿lIment ol thosè conditKJns is wholy within thè control of the charity and it is probable that these conditK)ns wll be fuifilkd in the ieporting perK)d. Legacy Q￿S are recognised on 8 case by case basis follow&￿ th• 9r8nl of PTobale when the admink%tr*orlexecutor for the 851ale ha$ c¢mmunlcated in wrmlng both the amount and settlemenl date. In Ihe event that the gth ig In the form of an asset other Ihan ¢ash or a financial asstrt traded on a re¢oon15ed stock exchange, recognitK•n is subject to the value of the girt being relwb rneasurab￿ with a degree ol re880nablg 8ccuracy ènd tha trug to the Bsset havlng been transferred to the charty. Grant$ rte•lvablè Grnnts are reco9nised when the charty has an entitlement lo fund$ and any conditions Unked to thè grants have been met. Wl*re performance conditK)ns are attached to the grant and are yel to be mel. the income recogni5ed Bs 8 18biliy and incfuded on the balance sheet as deferred in¢om¥ tts b¢ r¥leased. Governrnent grants incknde funding from Dorset Council. A grant thal becomes receivable as compensathin for 8Xp￿S6$ already incurred ww be recDgnised In the income and expenditure in the same period in whKh Ihe remed experKliture 15 incurred. Dof•rr•d Incom• Dolerred hcome represents amounts received for future perlod$ ond 1$ rékased lo incoming resources irb the pericods or serv￿e$ are provYJadl. 27 The Pile8t'¥ Hou¥• Mu$gym Trust Not•$ to the Flnanclal Statemen1$ l¢ontlnu•dl lor th• Y•ar End•d 31 March 2025 2 ACCOUNTING POLICIES Iconlinu¢dl Exp•nditur• Al expendtture 1$ recognK%¢d on¢e Ihèrè is a ￿gaI or constructDre oblNJ8thon to ihat expenditure, it b probable selllemènt Is requred and Ihe amount can be rneasuTed refkqbty. All costs are althated to the appI[cab￿ expendfture heading that aggregate $inlyr costs to that cot9gDry. Wh8Te costs cannot be dlrecty attrbi uteil to portscubr headings they have been anDcated on a basi5 con51slenl wrth the use ol re50urce5, With cenlral slaff costs aAocatéd on the basis of time spent, and depreciathjn charges alocated on the portK*n of the assets Use. Olh8r support costs are aL￿Cated based on the spread of staff costs. I resources eXPEnded Èrè inclusive of trrecoverable VAT. Ralslng funds These are costs i￿VrIed in attracting voluniary ncome. Ihp rn8nagement of investments and those incuired in trading actwities th81 raise fvrKJs. Charftable •ctlvitlÈs Ch8rlable expendi¢ure comprises those costs inCLJrred by the ch8rty In the de￿ery ol its aCtivit￿S and serV￿e5 for its bgneffick?rie$.11 includes btslh co$1$ Ihal can be alkxated drecty to such 8¢lwiti¥s and Iho$¢ ¢o$ts of an hdlrect nature necessary to support them. Governance cost These Inc￿de the c051s attrIbutab￿ lo Charty's complance wth constitut1￿al and stslulory requir¢msnts. In¢￿d￿ prof¢$sbnal fees. strategic rnanagernenl and Irus1¢&$ m?*tfftg$ and relmbursed expenses. I￿￿0Verable VAT lirecoverabfts VAT is ¢harged against the category of resour¢es expended IOT wh￿h f( w38 incurred. Taxation The charAy k% considered to P8ss Ihe tests set out n Paragraph 1 Schedukn 6 of the F￿8￿¢¢ A¢1 2010 and therefore it meets the defjnit￿n ol a Charitab￿ company for UK corporation tax purposes. Accordingty, the charty 15 POtentiaW exempl Irorn taXat￿n in respecl ol income or capital gains receNed within calegorips cover*d by Chapter 3 Parl 1101 lh& CorporalM)n Tax Act 2010 OT S8Cti(HJ 256 of th& Taxation of chargeab￿ Gains Acl 1992. tolhe extent thot such income or gains are applied exclusNe￿ to charitabk purposes. Tangible fixèd a5S•ts IndNidual fcn Gov•rn8nc• cosls (seè note bek)wl 169.336 558 4.118 14,082 489 1.678 20.612 3,414 5,583 16.617 8.052 472 3.010 2.372 2.240 15,417 103,413 11,502 6,539 1W,553 461 4,3&5 11,340 493 2,051 9.573 8.982 21.174 9.055 969 3.939 304 2.719 19.745 105.706 220 3,664 397 267 The Prlest's House Museum Twsl Note$ to the Fin•nclal Stotèm•nt$ leontlnu•d) forthe Year Ended 31 Ma￿h 2025 8 ANALYSIS OF GOVERNANCE AND SUPPORT COSTS UnreBtricted fund$ General Total 2025 Total 2024 Ac¢ounlancy fees 6.539 The Irtyndent ExaminalKJn fee of £3,10012024: £3,100) is ti)cbded within accounlancy feès. 9 NET INCOMINGIOUTGOING RESOURCES Nel incominglloulgoing) resources for the year incknde.. Tot•1 2025 Total 2024 Depreci2tion of fixed assets Independent examiner'5 fee 103.413 3.100 105,706 3664 10 TRUSTEES REMUNERATION AND EXPENSES Notrustees, nor 8ny ￿lSon$ ¢onnectèd with tham. have recehed any rèmuneration from Iht charfy durtiig the year. Nolrustees have receiveLI any other benefts from the ch8rty duiiw Ihe year. 11 ￿AFF cosrs The aggregale payrol costs were as folows.. 2025 2D24 Staff costs duTing the year were: Wage5 and saLarles Socral securty costs nS￿n costs Other st8ff ¢o$ts 157.387 7.152 4.012 785 169 336 176,472 8,705 4.540 836 190 553 The rnonth￿ average nurnber of persons lin¢kJdin9 senior rnanagemenl I badgrship team) employed by Ihe chariiy during the year expressed as fuN11rng oquivalonts was as follows: 2025 No. 2024 No. Em￿)Y￿e8 No employee TeceNed em0￿ments of mr8 than £60,IX)O dvrhg ihe year. The lotsl employee benerrts of the key managgmenl personnel of the charity were £74.7D212024- £95,781>. 31 The Prlesl's HOU￿ Museum TN*t Not•s to thè Flnanclal Statements Icontinuedl forth¢ Y¢#r End•d 31 m￿¢￿ 2025 12 TAXATION Thè charity L8 a reglstereil charity and Ihereftsr¢ ¢x¢mpt from taxath)n. 13 TANGIBLE FIXED ASSErs Lt•¥thold Prop•rty and Improvements Tea Room and Offl¢• Equlpment Exhlbltlon Flxtur•$ and Flttlng$ Total Cost Al 1 Aprl 2024 Additions Disposals At 31 March 2025 1,447,666 74.578 300.525 1,822.769 (6.425) 68.153 16.425 1,816,344 1,447.666 300,525 D•pro¢lallon At 1 April 2024 Charge for the year Ellminated on dlsposal At 31 March 2025 367,760 5S,936 62.137 1.800 3.611 60.325 159.136 45.677 589,033 103,413 13,811 688.835 423.696 204,813 Net book value At 31 March 2025 At 31 Marrh 2024 1,023,970 1.079.907 7.828 12.441 95,712 141, 89 1,127,509 1,233,737 Herltage a$Bets The cLthctions managed and recorded by the Museum ara hekj by The Pr￿t'S House Museurn Cc&ctK)n Trust and detals are dls¢bsed v) Ihe fmanclal statements of The Pr*sts House Museum CoHeGt¥)n Tw$L 14 FIXED Ass￿ INVESTMENTS 2025 2024 Invèstment propertks Shares in group undÈrt8k#)9 and part￿1patIng Inlerests 495,000 100 100 100 495,100 Investment propertles The Investmenl property wa5 BDkl in D8¢èmbèr 2024 a gain on dr6posal of£24,276 has been included in the incoma eX￿nd￿Ur• ae¢ount on page 27. 32 The Priest's Hou5¥ Museum Trusl Note$ tts the Financlal Stat¢m•nts {contlnued} lorthe Year Endeil 31 Ma￿h 2025 14 FIXED ASSET INVESTMENTS leontlnued) Shares in group undertaking8 and participatlng Interests Subjidlary undertaklngB Total Cost At 1 2024 At 31 March 2025 N¢t book valuè At 31 March 2025 At 31 March 2024 1(X) 100 100 100 100 11]0 100 15 DEBTORS 2025 2024 Trade debtor Duè from group undertakhgs Prepayments A¢crued in¢om VAT recoverable 0th8r debtors 1.178 23.283 2,625 13.306 2.141 104.560 2.755 7.973 3,269 a?￿95 73,286 140 4119 16 CURRENT ASSET INVESTMENTS 2025 2024 Charlty Bank Flagstone 86.821 157.793 238.614 17 CREDrroRS: Amounts falllng due wlthin one year 2025 2024 Trade creditors Other creditors Accfuais D&ferred income 7,955 6.525 7.228 5,864 5.363 11.755 7,047 30,028 33 The PrfeBVs Houso Musoum Tru8t Notes to th• Flnandal Statement$ l¢ontlnu•dl foi lh• Year Ended 31 Ma￿h 2025 18 FUNDS B￿on¢9 at 1 Aprtl 2024 B•l8nce at 31 March 2025 Income Expendlture Trnn$f•rs Unrestiicted fund$ Gènttr•l 201077 298 890 D•slgnat•d Capabdty Reserve 8equesl of property ICh8rttonsl opera￿)nal Efficlency SNJnage Relail PiofrtabKty Forge Designatod Fund Environmentsl Improvements NLHF Project Total De$i9nat¢d 285,000 100.C 385.000 495,000 24,277 1519,2771 120.000 20.(y)O 15,000 53,000 120,000 20.000 15,000 53,000 90.000 100,000 90,000 100,000 Tolal Vnrestrfcted Funds 930.954 201.077 298,890 245 857.663 R•$trf¢t•d HAF Educ8tv)n Fur HLF Revwal Dep'n Cornmunity and Cuttur• Reminiscence Toys from th8 past Mlslream Proie¢t Forg¢ Culure and Conmnunty R¢bxod Grant Pop Up Garden Fund BraWe Fund Tot•1 r¢stri¢t•d funds 579 1,302.991 1,416 {1,8371 1101.6141 12,2551 15781 17301 (3.2521 158 1,201.377 12451 578 730 2,044 10.000 2,827 10,000 1,619 20,000 1.860 380 475 16.958 118) 150) 1190 110.524 1.842 330 285 1,225.611 1,319.422 245 TOTAL FUNDS 2 250 376 218 035 409 414 2 083 274 Balanc• at 1 Aprll 2023 Balance at 31 Mar¢h 2024 Income Expendlture Tran￿er8 UnTe$tTid•d lunds General 302 285 287 9731 190 5261 De$ign4t¢d Capabilty Reserve Bequèsl of wopety IChartton$) Tot•1 95.000 190,000 285,000 49S.000 495.000 UNRESTRICTED FUNDS 917 168 302 215 287 973 526 930 954 Restrtcted funds Educauon Fund HLF Rev￿41 Deweci8tron CommunNy and Culiure Travdng Tcgèthar Rem*)Iscence Toys Irom the past Mlslream Project AIM Forge 1,440 18611 579 1.472.228 1169,2371 1,302,991 2,5CQ 2,500 2,000 1,848 750 1.732 12,000) 11.2701 1201 (10.3181 11871 578 730 2.044 10,629 187 9,474 526 10.000 Total r•strlet•d funds 1.492.518 10,270 183.893 526 1.319,422 TOTAL FUNDS 2 409 686 312555 471866 2 250 376 34 The p￿St.$ House Museum Tw$t Notes to the Fin4nclal St•t•m•nt$ {contlnuodl for tho Year Ended 31 March 2025 18 FUNDS Icontlnuèdl The Spacif￿ purposes for which the funds are lo be appl￿ are as folbws: R•8triet•d funds: The New Bu*J Fund incknding HLF Revival funding represents the net book vafue ol ￿Sehold property and improvements 8nd èxhbltion fixturès and fftunus. The remahlno fund wlll be used for lestr￿le￿ d¢preciatK)n ¢harsps on thè asseis. Mlllstrnam ProJè¢t- Supporlhg the runnlng of Mllstream Theatre, a company of Leaming Disabled adutt$. Dors￿ Councll fundl)g lo set up oulrèach R•mlnlscen¢e sessh)ns in care homes and day centres wfth trained voknnleers Dor$•l Councl funding for Ihreo HolEday and Food ActNty IHAFI se88￿)n$ over the Summer. SessKJns were free for Ihose on b$nÈfrt rèjaled free 8¢hool meals, ènd InckJ¢Jed art vmrkslys and a hot ILtnch. Funding from Museum Developmenl Sovth Wesl for a f￿rned Brf(ish Sun L8ngU89è tour ollhtr musèum and portabb h8aTing l)op system for tours. Thi5 w¥s pari of tho Tra￿llIng Tog*th•r programme the mvseum was part of. CommunSty and Culture Dorsel Councl funding lo ¢re8tè x40 art P8cks for children who use Wimborne Food Bank. The¥e will Inc￿de art suppllas and a bc4)k￿t of art activit*s knspired by the museum arHI Ihe coNe¢tK*n. Toys trom the Past- Funding from Wimborne Rotary 8nd Wlnborne L￿n$ lo repbcelpuTchase resource$ u$¥d In barning sessKJns. Cuhurn and Communlty R¢lax¢d Gr*nt- Creating new. bpspoke experiences for neurodwerse visitors 8nd others who face bairiers lo visrttiig. Pop Up Garden Fund - DonatK•n lo support communty ¢ngagèmènt wwk. In¢￿dIng a communty art p￿ce of knrtted and crochaiad fkn¥ers to rakt 8wareness of dementkni and the museLtms dementia programmes and 8c1Nrtbs for bw-oicome famfjes. Brnlll• F￿nd - To enhance Ihe experience for blind and vtsuaty impawed vi$liors whh naw Bra11￿ rosources and w)terpretation. D•slgn•t?d fund$: Btquest of properfy {Charftonsl represents the value of a property grfted to Ihe Trust and sold durkng the year. The funds have been rede$wJn8t$d wthh £2t.277 tronsferred to general funds and the bakgn¢e Is to be invested for the benefrt of the Museum includ￿9 an increase to the ¢apalJ'lty reseive and deslanatbn to new wo*cts ouifined n the Business Pkn to be ￿np￿M?￿l￿ from Autumn 2025. Capablllty fund represents fvnds set a￿￿￿e for the running of th¥ Trust for a peih)d of up 10 12 months rfexceplK)nal ¢tr¢umstances lead to a signitkant bss of Income. Operational Effiei•ncy- Piolèets to Incréase operatk)nal eff￿lencY andlor cost Sav￿9￿. Slgnage- Improving tha visibilty of the museum. especkqty on the H*Jh Street. Reta51 ProfltabSllty- Support to improve Ihe profftabilty ol the shop whrch in turn wl generate additional income for the charty. Forge d¢$lgn•t¢d- motch funding lor a planned grant appIcat￿n to r￿*n, conserve and interpret Ihe his10r￿ forge. Environmènt41 Improv•m•nts- R8duclng the impacl of the museum through 8 prioritlsed Envlronmental Action P￿n. NLHF Proje¢t- match lundlng lor a planned grant app￿at￿n lo Ihe NatDn81 Lottery Hèritaye Fund. 35 The ￿lest.$ Ho￿￿ Mu89um Tmst Not•s to th• Flnanclal Statement• (conllnued) for the Y¢4r End•d 31 March 2025 19 ANALYSIS OF NET ASSETS BEfviEEN FUNDS Unrnslrfct•d funds General D¢¥igna¢ed Restrict•d funds Total lunds at 31 March 2025 Tanglble fix¢d 4SSots Fr