## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||||2021|2020| |---|---|---|---|---|---|---|---| |||||Unrestricted|Restricted|Total|Total| |||||funds|funds|funds|funds| ||||Notes|||6|K| |INCOME AND ENDOWMENTS||FROM|||||| |Donations
and legacies|||2|124,714|33,591|158,305|152,672| |Charitable
activities|||||||| |Charitable
Objectives||||9,624||9,824|1,595| |Other trading
activities
Investment
income|||3
4|36,822
55,558||36,822
55,558|15,985
56,012| |Other income||||1,000||1,000|10,161| |Total||||227,918|33,591|261,509|236,425| |EXPENDITURE ON|||||||| |Raising funds|||6|6,389||6,389|1,450| |Charitable
activities|||7||||| |Charitable
Objectives||||259,180|25,090|284,270|237,677| |Total||||265,569|25,090|290,659|239,127| |Net gains on investments||||247,652||247,652|108,900| |NET INCOME||||210,001|8,501|218,502|106,198| |RECONCILIATION|OF FUNDS||||||| |Total funds brought forward||||2,053,211|284,745|2,337,956|2,231,756| |TOTAL FUNDS CARRIED FORWARD||||2263242|293246|2556456|2332956| ## ## ||||||2021|2020| |---|---|---|---|---|---|---| ||||Unrestricted|Restricted|Total|Total| ||||funds|funds|funds|funds| |||Notes||5|6|E| |FIXEDASSETS||||||| |Tangible assets
Investments||14
15|20,871
2,125,647|220,332|241,203
2,125,647|252,839
1,877,109| ||||2,146,518|220,332|2,366,850|2,129,948| |CURRENT ASSETS||||||| |Stocks||16|3,636||3,636|3,187| |Debtors||17|21,351||21,351|33,795| |Investments||18|96,818|17,186|114,004|77,658| |Cash at bank and|in hand||15,531|55,729|71,260|102,112| ||||137,336|72,915|210,251|216,752| |CREDITORS||||||| |Amounts
falling due within one year||19|(20,643)||(20,643)|(8,744)| |NET CURRENT ASSETS|||116,693|72,915|189,608|208,008| |TOTAL ASSETS|LESSCURRENT|||||| |LIABILITIES|||2,263,211|293,247|2,556,458|2,337,956| |NET ASSETS|||2,263,211|293,247|2,556,452|2,337,956| |FUNDS||20||||| |Unrestricted
funds|||||2,263,211|2,053,211| |Restricted funds|||||293,247|284,745| |TOTAL FUNDS|||||2,556,452|2,337,956| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||||2021|2020| |---|---|---|---|---|---|---|---| |Donations||||||69,915|79,225| |Gift aid||||||11,483|9,540| |Legacies|||||||13,002| |Grants||||||71,360|42,995| |Membership|subscriptions|||||5,547|7,910| |||||||158,305|152,672| |Grants received,|||included||in the above, are as follows:||| |||||||2021|2020| |||||||8|| |British Museum|||||||5,966| |Brighton
&|Hove|||||1,248|3,533| |JRS Grant||||||10,870|28,099| |Waverley
Borough||||Council||36,690|5,395| |Haslemere|Town||Council|||10,000|| |Other grants||||||12,552|| |||||||71,360|42,995| |OTHER TRADING||||ACTIVITIES|||| |||||||2021|2020| |||||||6|| |Special events||&|Exhibitions|||26,351|10,471| |Shop sales||||||10,471|5,514| |||||||36,822|15,985| ## |4.|INVESTMENT|INCOME||||||| |---|---|---|---|---|---|---|---|---| ||||||||2021
8|2020
f| ||COIF ethical investment||fund||||52,784|51,364| ||COIF fixed interest fund||||||1,144|1,453| ||Deposit account interest||||||1,630|3,195| ||||||||55,558|56,012| |5.|INCOME FROM CHARITABLE ACTIVITIES|||||||| ||||||||2021|2020| |||||Activity|||8|| ||Hire and use ofPremises|||Charitable|Objectives||9,824|1,595| |6.|RAISING FUNDS|||||||| ||Other trading|activities||||||| ||||||||2021|2020| ||||||||6|E| ||Purchases||||||6,389|1,450| |7.|CHARITABLE|ACTIVITIES||COSTS||||| |||||||Direct|Support|| |||||||Costs (see|costs (see|| |||||||note 8)|note 9)
f|Totals| ||Charitable
Objectives|||||279,663|4,607|284,270| |8.|DIRECT COSTS OF CHARITABLE ACTIVITIES|||||||| ||||||||2021|2020| ||Staff costs||||||142,112|132,333| ||Rates and water||||||351|358| ||Insurance||||||8,661|8,230| ||Light and heat||||||13,106|11,667| ||Telephone||||||3,004|2,737| ||Repairs &maintenance||||||33,881|17,197| ||ITcosts||||||4,097|4,550| ||Security costs||||||2,342|358| ||Care of collection||||||3,707|4,171| ||Postage
&Stationery||||||6,896|3,456| ||Sundries||||||2,902|468| ||Special events|&exhibitions|||||10,555|1,535| ||Unrecoverable|VAT adjustment|||||8,328|5,930| ||Marketing||||||3,096|3,339| ||Subscriptions||||||3,948|2,180| ||Cleaning||||||4,461|5,759| ||Carried forward||||||251,447|204,268| ## ## ## |DIRECT COSTS OF CH|A|RITABLE ACTIVITIES -continued||| |---|---|---|---|---| ||||2021|2020| ||||8|| |Brought forward
Covid expenses
Depreciation|||251,447
117
28,099|204,266
4,417
25,146| ||||279,663|233,631| |SUPPORT COSTS||||| |||||Governance| |||||costs
f| |Charitable
Objectives||||4,607| |Support costs, included|in|the above, are as follows:|2021|2020| ||||Charitable|Total| ||||Objectives|activities| |||||E| |Bank charges
Independent
Examination||Fee|2,522
2,085|1,946
1,900| ||||4,607|3,846| |NET INCOME/(EXPENDITURE)||||| |Net income/(expenditure)||is stated after charging/(crediting):||| ||||2021|2020| ||||8|6| |Depreciation
-owned assets
Pension Costs|||28,100
2,901|25,146
2,966| |Independent
Examination||Fee|2,085|1,900| ## ## ## ## ## ## ## |The average
monthly
number of|emp|loyees
during the year|was as follows:||| |---|---|---|---|---|---| |||||2021|2020| |Administration||||9|g| |No employees
received emoluments||in excess ofF60,000.|||| |COMPARATIVES FOR THE STATEMENT OF FINANCIAL|||ACTIVITIES||| ||||Unrestricted|Restricted|Total| ||||funds
f|funds
f|funds
6| |INCOME AND ENDOWMENTS|FROM||||| |Donations
and legacies|||141,729|10,943|152,672| |Charitable
activities|||||| |Charitable
Objectives|||1,595||1,595| |Other trading
activities|||15,985||15,985| |Investment
income|||56,012||56,012| |Other income|||10,161||10,161| |Total|||225,482|10,943|236,425| |EXPENDITURE ON|||||| |Raising funds|||1,450||1,450| |Charitable
activities|||||| |Charitable
Objectives|||205,917|31,760|237,677| |Total|||207,367|31,760|239,127| |Net gains on investments|||108,900||108,900| |NET INCOME/(EXPENDITURE)|||127,015|(20,817)|106,198| ## |13.|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES|COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES|-continued|| |---|---|---|---|---| |||Unrestricted|Restricted|Total| |||funds
f|funds
E|funds| ||Transfers
between funds|2D,D70|~2D,QTQ)|| ||Net movement
in funds|147,085|(40,887)|106,198| ||RECONCILIATION
OF FUNDS|||| ||Total funds brought
forward|1,906,126|325,632|2,231,758| ||TOTAL FUNDS CARRIED FORWARD|2,053,211|284,745|2,337,956| |14.|TANGIBLE FIXEDASSETS|||| |||Building|Land &|Galleries| |||Improvements
6|Buildings
6|Improvements
6| ||COST|||| ||At 1 January 2021|26,646|353,585|231,620| ||Additions|||| ||Disposals|||| ||At 31 December 2021|26,646|353,585|231,620| ||DEPRECIATION|||| ||At 1 January 2021
Charge for year|10,872
2,665|134,503
7,072|218,277
11,581| ||Eliminated
on disposal|||| ||At 31 December 2021|13,537|141,575|229,858| ||NET BOOK VALUE|||| ||At 31 December 2021|13,109|212,010|1,762| ||At 31 December 2020|15,774|219,082|13,343| ## |14.|TANGIBLE FIXEDASSETS - continued||||| |---|---|---|---|---|---| ||||Fixtures||| |||Plant and|and|Computer|| |||machinery|fittings|equipment|Totals| ||||8|F|E| ||COST||||| ||At 1 January 2021
Additions
Disposals|9,433
12,579|20,356|22,537
3,885
$15,534)|664,177
16,464
J15,534)| ||At 31 December 2021|22,012|20,356|10,888|665,107| ||DEPRECIATION||||| ||At 1 January 2021
Charge for year
Eliminated
on disposal|9,433
2,517|18,241
1,547|20,012
2,718
~15,534)|411,338
28,100
$15,534)| ||At 31 December 2021|11,950|~19788|7,196|423,904| ||NET BOOK VALUE||||| ||At 31 December 2021|10,062||3,692|241,203| ||At 31 December 2020||2,115|2,525|252,839| |15.|FIXEDASSET INVESTMENTS||||| |||COIF|||| |||Charities|COIF||| |||Ethical|Charities|Cash and|| |||Investment|Fixed|settlements|| |||Fund|Interest|pending|Totals| |||F|E|E|6| ||MARKET VALUE||||| ||At 1 January 2021
Additions
Revaluation|1,784,251
250,464|42,710
~2,0427|50,148
886|1,877,109
886
247,652| ||At 31 December 2021|2,034,715|39,898|51,034|2,125,647| ||NET BOOK VALUE||||| ||At 31 December 2021|2,034,715|30,890|51,034|2,125,047| ||At 31 December 2020|1,784,251|42,710|50,148|1,877,109| ## |16.|STOCKS|||||||||| |---|---|---|---|---|---|---|---|---|---|---| ||||||||||2021|2020| ||||||||||6|| ||Shop stock||||||||3,636|3,187| |17.|DEBTORS:AMOUNTS|||FALLING DUE WITHIN ONE YEAR||||||| ||||||||||2021|2020| ||||||||||6|6| ||Trade debtors||||||||1,035|| ||VAT||||||||218|401| ||Prepayments|and|accrued||income||||20,098|33,394| ||||||||||21,351|33,795| |18.|CURRENT ASSET INVESTMENTS|||||||||| ||||||||||2021|2020| ||||||||||6|F| ||Other||||||||114,004|77,658| |19.|CREDITORS:|AMOUNTS|||FALLING DUE WITHIN ONE YEAR|||||| ||||||||||2021|2020| ||||||||||6|| ||Trade creditors||||||||2,917|1,021| ||Social security|and other|||taxes||||3,043|2,564| ||Other creditors||||||||550|539| ||Accrued expenses||||||||14,133|4,620| ||||||||||20,643|8,744| |20.|MOVEMENT|IN FUNDS||||||||| ||||||||||Net|| ||||||||||movement|At| ||||||||At|1.1.21|in funds|31.12.21| ||||||||||5|6| ||Unrestricted|funds||||||||| ||General
fund||||||351,998||(37,652)|314,346| ||Premises
Fund -||Unrestricted|||||6,559||6,559| ||The Museum|in a Million|||Fund||1,345,612||247,652|1,593,264| ||The AE Orchard||Educational|||Fund|349,042|||349,042| ||||||||2,053,211||210,000|2,263,211| ||Restricted funds|||||||||| ||Education||||||24,915||20,848|45,763| ||Care of Collection|||||||9,685|7,501|17,186| ||Museum
Development
Premises - Restricted|||Fund|||232,425
17,720||(18,653)
~1,$$4)|213,772
16,526| ||||||||284,745||8,502|293,247| ||TOTAL FUNDS||||||$,$$$,$$$||$$$$$2|$,$$$4$$| ## |Net movement
in funds|,
included
in th|e above are as follo|ws:||| |---|---|---|---|---|---| |||Incoming|Resources|Gains and|Movement| |||resources
f|expended
f|losses
f|in funds
f| |Unrestricted
funds|||||| |General
fund||227,918|(265,570)||(37,652)| |The Museum
in a Million Fund||||247,652|247,652| |||227,918|(265,570)|247,652|210,000| |Restricted funds|||||| |Education||22,242|(1,394)||20,848| |Care of Collection||11,349|(3,848)||7,501| |Museum
Development
Premises - Restricted|Fund||(18,653)
~1,194)||(18,653)
~1,194)| |||33,591|~25,089)||8,502| |TOTAL FUNDS||261,509|(290,659)|247,652|218,502| ## |Comparatives
fo|r mo|vement|in funds||||| |---|---|---|---|---|---|---|---| ||||||Net|Transfers|| ||||||movement|between|At| |||||At 1.1.20
F|in funds
f|funds
f|31.12.20
f| |Unrestricted
funds|||||||| |General
fund||||306,805|25,123|20,070|351,998| |Premises
Fund -|Unrestricted|||6,559|||6,559| |The Museum
in a Million Fund||||1,243,720|101,892||1,345,612| |The AE Orchard|Educational||Fund|349,042|||349,042| |||||1,906,126|127,015|20,070|2,053,211| |Restricted funds|||||||| |Education||||23,892|286|737|24,915| |Care of Collection||||15,355|(5,807)|137|9,685| |Museum
Development
Premises - Restricted||Fund||251,184
35,201|(18,654)
3,358|(105)
~20,839)|232,425
17,720| |||||325,632|~20,8)7)|~20,070)|284,745| |TOTAL FUNDS||||2,231,758|106.198||2.337,956| ## ## ## ## ## ## ## ||||2021|2020| |---|---|---|---|---| ||||E|6| |INCOME AND ENDOWMENTS||||| |Donations
and legacies||||| |Donations|||69,915|79,225| |Gift aid|||11,483|9,540| |Legacies||||13,002| |Grants|||71,360|42,995| |Membership
subscriptions|||5,547|7,910| ||||158,305|152,672| |Other trading
activities||||| |Special events
& Exhibitions|||26,351|10,471| |Shop sales|||10,471|5,514| ||||36,822|15,985| |Investment
income||||| |COIF ethical investment||fund|52,784|51,364| |COIF fixed interest fund|||1,144|1,453| |Deposit account|interest||1,630|3,195| ||||55,558|56,012| |Charitable
activities||||| |Hire and use ofPremises|||9,824|1,595| |Other income||||| |Insurance
claim|||1,000|10,161| |Total incoming|resources||261,509|236,425| |EXPENDITURE||||| |Other trading activities||||| |Shop purchases|and salaries||6,345|1,404| |Cafe purchases|||44|46| ||||6,389|1,450| |Charitable
activities||||| |Wages|||134,743|125,946| |Social security|||4,468|3,421| |Pensions|||2,901|2,966| |Rates and water|||351|358| |Insurance|||8,661|8,230| |Carried forward|||151,124|140,921| ## |||2021|2020| |---|---|---|---| |||E|| |Charitable
activities|||| |Brought forward
Light and heat
Telephone
Repairs &maintenance
ITcosts
Security costs
Care of collection
Postage &Stationery
Sundries
Special events
&exhibitions
Unrecoverable
VAT adjustment
Marketing
Subscriptions
Cleaning
Covid expenses
Freehold
property
Improvements
to property
Plant and machinery
Computer
equipment||151,124
13,106
3,004
33,881
4,097
2,342
3,707
6,896
2,902
10,555
8,328
3,098
3,948
4,461
117
18,653
4,212
2,516
2,718|140,921
11,667
2,737
17,197
4,550
358
4,171
3,456
468
1,535
5,930
3,339
2,180
5,759
4,417
18,653
4,212
530
1,751| |||279,663|233,831| |Support costs|||| |Governance costs|||| |Bank charges
Independent
Examination|Fee|2,522
2,085|1,946
1,900| |||4,607|3,846| |Total resources expended||290,659|239,127| |Net expenditure
before gains and losses||(29,150)|(2,702)| |Realised recognised
gains|and losses||| |Realised gains/(losses)
on fixed asset|||| |investments|||254| |Net expenditure||~29,150)|~2,448)|