Company numbei. J61J847 THE SECOND WORLD WAR EXPERIENCE CENTRE TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 THE SECOND WORLD WAR EXPERIENCE CENTRE TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEJVBER 2023 CONTENTS Pages Tru5Lees' annual report Independent examiner's report SiaiLmerti or rinancial a¢(ivilies Balance shec¢ Notes ti) IhL financial s(alemLnls THE SECOND WORLD WAR EXPERIENCE CENTRE TRUSTEES, REPORT FOR THE YEA R ENDED 31 DECEMBER 2023 The Trustees present their I'eport and financial staiemenls for ihe year ended 31 December 2023. Incorporation ThL Lompany ivas incorpora￿d on 12 Augusi 1998 as a company limited by guarantcc and not having a share capital. It is regisiered in F.ngland. regislraiion number 3613847. Ils Govei'ning l)ocumenl is its MLniorandum and ArLiLles of Asso¢ialion. In (hi5 repoi'(, Ihc company is referrcd lo as thc Charity and (hc Tn]slccs mL'an Ihc dircciors of Lhe company. Charitable 5tAtIlS The Second World War fNpcricnce CcnlrL was graiilLd charilablL .sialus on 15 r)ecember 1998 by Ihc Chariiy Commission lor Lngland and Wales. lis I'egislered number is 1072965. Office advisors The prinLipal ol'fiLc of the Charily and ihe rcgislcrcd 0￿1¢¢ ofthc Company is ThL ScLUI)d World War ExpLrience CenLrL' 2 Ci'oss Green Wesi Yorkshii'e I,S21 11-It) Thc Company SLcrciary is Pclcr R fiinl Thc Charily's bankLrs and accountants arc:. 11SBC Bank plc City Bl'anch 33 Park Row Lecds l.$ I I I,D Edwdi'd W Lonncll ChuitLred ALiounlanl WhiLL I.IousL Dam Lunc SaxtLin. l.¢Lds l.S24 9Q Trustees Th¢ lolloii'in8 Truslees held ol'ficc in 2023: Roberc A F lemirtg {Chairmanl Kelvin J Bell f4A rcA SECOND WORLD WAR EXPERIENCE CENTRE TRUSTEES, REPORT (conti￿Ued) FOR THE YEAR EIVDED 31 DECEMBER 2023 Trustees {continued) 'rrusiees are appointed, according to need, as addiiional Trustees at meeiings of the Trustees all¢r ¢onsideraiion of their eNp¢rience and thL beiielil they may be able ￿ bring Lo the Lcntre. They arc subjeci Lo re-clcction ai Annual GL'neral Meetings in accordancc wilh Arlicles 30 (0 38. -rhc Ti'uslees mccl lormdlly approximatcly every thrce months. Ai (heir mectings. operational and fund-raising objeciives are sei and perlormancc is monilurcd. The responsibiliiy for ¢he day-lo-day operaiions of (he Chariiy is in ihe hands of RubLI't F leming. Object5, Aims And activities Tlic conipany'.8 MLmoi'andum ofAss0¢ialion statcs "Tlie c.harity s objLLts arc io prumoLc thc advancemenl ol. Ihe education ol. Ihe public and in purlicular but rtoL SO us lo limit Ihe gcnerality ol- the loi-egoing lo promote the advanccm¢nl of public education in Ihc study of and resLairh into war in ilic TwenLiLLh Cciilury H'iili ilie main cmphasis on Ihe Second World Wdr including Lhc Anglu-American relationship and (he parallcl T)ominion. Col(Inidl and l-"uropeaii expL'fiLnLLS. by (hL rcscuc (lirough colleeiioii and inicrview of Ihc cvidencc ol. individual Qxpcricnce iind the disscminalion ul. th¢ usLlul r¢'sulis ol. such rcsLarLh"' The Cenli'e is a naiional I'c.8earch and slud>' cenli'c dcdicaiLd lo Second World Wai. PL'rsonal cxpcriLllcL, accc.ssible Io d ¥i'idc public. includii)g res¢arLhLrs. l)i.4Lorians, intci'csted mcniber.s of ihL gLnLr(Il publiL. vclcran.s and SLliool children. Unlike othcr mu.8L'ums and thrchivcs. the Cenlre is uniquc in (hai it loeus¢s exclusively (Trn Ihc Second World War and on the cxpLrienLes ofall indii'idudls in ihL Lii'¢umslanLCS of ivar 19J9-1945. ￿'hL1hLr Livilian or miliLary and is intei'n(Iliurtiil in scopc LnLompussin8 the expLriL'nces ofmcmbers of Ihc Axis lorc¢s, as wcll as U% und fjom inion pLrsonnLI in (he Allied Foi'LLS. I"hL CcnlrL acLLPts all malerials rclaling ￿ pcrsonul exp¢riLncc, inLluding books and thrcc-dimcnsional objects ol'a PLrsondl nalurc. l-hL I rustL'¢'.% rLLugJni.5L' Ihc value and imporLancL ol. LoIILcling Iii'sL hand maiei'ial indi.spensablc source d()LumLnls loi. lulure research and siudy. Thc archive ol'thc Cenire is being USSLmbl¢'d in u spirii both ol-Lducation and LommLmoraLI()n. Many LldLrly in ihL communiiv have pLr.8onal L.xpcricnLL artd knoii'lLdb?L ol. LhL LvL'nls chroniclLd by the Ccnirc and IhLI'L is incrLasin8 urgency (o mu¥imisL ihe collcclion bclorl ihLSL' PLrsonul rL'minisccnLLS arL losl lorever, In malters of material collected, and of rectuiiing starr and i'olunlcers. the CLnlrc holds slriLIIy Lo IhL principlcs of cqual opporlunil) lor ull. rLgardl¢s5 ol- age. di5abilily. gendLr or Lthnic origin. 'fhc lacililiL's will b¢ uvailublL 10 5Lhouls and cduLaiional ins1ilu(ion.s and also L() Iho.sL' ii,h() mighi nol OLhcThi'i.sc havc aLLLSS lo doLun)cntary rccord5. 'FhL Centi'c is concernLd lo hclp pcoplc in the communily IrL)m lulcr 8enciwtions Lo understand ihe onscqucnce5 of ivar. its realilics, ils moi'al ev'ils. and Lhc moral slrenglhs which IL can bring out in Lhc people In￿'01ved. THE SECOND WORLD WAR EXPERIENCE CENTRE TRUSTEES, REPORT (continued) FOR THE YEA R ENDED 31 DECEMBER 2023 Achievements and PerformAnce -rhe Cenire has eredled a vcry significanl collLLlion of indii'iduals, papcrs, interviews and artefacls. All material is being calalogucd on daiabasc using a detailed cross-relcr¢n¢in8 sysLem lo assisl rcsearehers. Work (o cnablc intcrnel access lo ihc Lalalogue conlinucs alihough LhL Losls io alloiv il mighi be challenging. The Charity's archives now comprise in excess of8,700 iiidividual case studies. During ihL year. thc Ti'u5lecs conlinued Lheir errorls lo raisc lunds for Lhe Ccnlre and we are graieful io ihe many charilable insliluliuns which, and individuuls who. have supporied our work. In the yew. ended 31 DeLLmber 2023. donalions and similar income and rents received amounlcd lo £51,81 O LoinpJrLd iviih cYp¢iidilure of £iO.831. F.xpcndilur¢ included COSLS of employing Lhe Cenlre's sial-l- and ol- IhL Churily's ol'fiLes. At 31 Deccmbei. 2023. Ihc Chai'ily had unrcstricled income lund5 01. £i1.49i and resirictLd income runds of £2,600. 'fhLse rcscives ai'c availablc LO MLLL Iuiui'L OPLralions Lxpcnsc. In Ilic liglii of IhL' unccr(ain nulurc of charilablL donaLion inconic and iliL l()ng-ILmi nalurc of Ilic Centre's Vlsion and objcclii'cs. il is (he policy ol. (he 'frustec5 ￿ accumululc Ir¢c rcs¢rves to Ihe mthximum degree possible for Ihe forL4ccable luiure. In Lhe ycai. ?023. IhL' aclivity of c()n.sLiving and Latalogyuing of personal wariimL expLfiLllLLS Lontinued. AnoLhci' Ihi'LL cditiuns ol. IhL Cenire's journul 'L".'veiyunc s Wur" IverL published digilully. 'l-hcsc scrve lo inform rLadcrs Lil'ihL acliviliL.% and achiLvcmenls of, and dcvelopmenl.% in, thc CentrL, as ¥vcll as coniainin8 arliclcs based on ihe Slorics ol'pcoples. expericnces during Lhc second World War. In 2024 thc Ccnlre will ronlinue io increase (hc material wi(hin Ihe archive and lo dcvelop lurthcr (he mcans of making il availablL fur eduLalional, rcsLarLli and oihLr purposes. THE SECOND WORLD WAR EXPERIENCE CENTRE TRLISTEES. REPORT (continued} FOR THE YEA R ENDED 31 DECEMBER 2023 Financial statements and finaneial posltion Incomc during the year compriscd donaiions or income ol. a similar nalurc. eypendilurc wa5 principally payroll and oll Ice LOS(s as sei oul in notL 3 10 (he financial Stalcments. 'fhe lunds ai ihc end ol. Ihc pei'iod compriscd almosl wholly ol- liquid r¢sourL¢S. The Trustccs continue to regard Ihc currenl financial position as bcing salisfaclory. Trustees, responsibilities In relatlon to the fin#nei#l st#tements Tlic Truslecs arc I'esponsible loi. pi'cpariiig a Iru.qiee8 annual rcporl and linancial stalements in accordance with appliLablL luw artd United Kin8dom Ac¢ounlin8 Standards (Uniled Kingdom Gen¢rally A¢c¢pled AL¢ounting Pra¢lice). Company law requires ihe Trustees lo prepai'e IinanLial Sthlemenls lor each yLar which give a ii'ue and lair view r the s(¢ltL uf afiairs of IhL' ¢harilablL company and ol. its inLoming I'csourccs und applicaliun of rcsovr¢LS. including iliL()me and LXPLndiiufL. lor Il)aL pLriud. In preparin&J il)L linanLial sldtLments. (he'l-rusLLLS are I'Lquired select suiiable aecounling policies and ihen apply them consisien(ly- obseri'e ihL mLihods dnd principlLS in Lhc ChariliL'S SORP11-. RS 1021.. make judgemenis and cslima(es ihai are r¢asonable and prudcnL' slaie ivheihLr applicable IJK aeLounting.%(andards have been lollowed. subject ￿ arty maierial depdrtures discIosLd lind eNplainL'd in IhL' linan¥iul siuLLmcnls; prepare thi Iinanciul sl(IILmen15 on ihe going cunccm basis unless il is inappropriute to presume (hal Ihc company will cunlirtue irt business. The Trusiees arc responsiblc lor kicping propcr a¢coun(ing rccnrds that di5¢10sc wilh rcu50nJblc accuracy at any limL IhL linancial posi(iun ol. Lhe chariiy and to enable Lhcm Lu cnsurc ihai the finanLial st he ihou¥7h( fEI li) the iniLnL thai ihc TrustLes sliall hdVL ihe same full unre5lriLied TM)i¥"crs ol- itti'c41inn in all rcspeLis us if Lhei. iycrc bLneliLiallv ahsolutL nli'nerg. 5ubjecL neverthelets Iii siich condiLiOllS Ill-￿) l atjd %ULh LX)nsL'nts (il-sL￿ or rLNuifLd bv lail.. Basis of Report This report has tKen prepar￿ in aicordaniL ii'ith the spcciai proi'isions of Pari Vll ol-lhe LompaniLS.4ct 19¥5 rclaii (rL'vi (o small L￿mpanIeS and ihL .4ccouniing and Reporting bv Chariucs= Sthiem¢ni ol-RLL()mmendcd Prnctice d 20Q51. Triislee 19 Sept¢mbtr 2024 THE SECOND WORLD WAR EXPERIENCE CENTRE INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE SECOND WORLD WAR EXPERIENCE CENTRE I rewri on (he financial sialemenis of Second Woi'ld War Experience Centre (Limited by Guaranieel for the year ended 31 t)ecember 2023 which comprise the Staiement of Financial Activilics, the Balance Sheei and the related noies. Thi5 fLPOrt is madc 501cly ￿ che chariLy'S mLmbers. as a body. My eNaminaiion has been undertaken so iliai I might state lo ihe charily's members ihose m&iiLrs l am required lo state io (hem in an independcni examiners reporl and lor no oihcr purpose. Respective respollslbllltles of trustees and examiner The ehai'iLy'S trustees al'e responsiblc for Ihc prcparaiion ofihc financial stal¢mcnts. The LhariLy-S Iruslees consider Ihal an audit is nol I'LquirLd for ihis yLar under seclion 144 01. Ihe Chai'ilies Act 2011 I"Ihe Lharilieb Acl") and Ihat an indLpcndeni cxamination is needed. It is my responsibility to.. examine Ilie financial slalemcnls uiider SCLlion 145 Ol- Ilic Charilies Acl. lo lollow (lic proLedure.8 laid down in tl)e gencral Direclions givcn by thc ChariLy Commission (under SLLlion 145{5 Ilbl of the ChariliLs Acl. and to slalc ￿'heth¢r particular malters havc Lome ts) my aiiLnLlOn. B&sls of Independent examlner's stAtement My Lxaminatii)n ivd5 LarriLd ou( in aLLurdanLL with gLncral DirLclii)ns given by lh¢ Charity Commission. Art examination includes ¢1 fcviLW ol. the uceuuniing reLords kepl by ilie chai'ily und 4 ¢ompdi'ison vl'ihL lirtanLiuI s￿leMents presented with Ihosc records. It also includes considLralion ofany unusual ilcms or disLlosurcs in Ihc financial stsicmLnts. and secking cxplanulions from (he IruslL¥s Concerning any SULh matiers. The proLLdurLS undLI'lakLn do nol provid¢ all the evidLncc Ihal u'ould bc rL'qUiI'Ld in dn audi(. and L()n%LqULiiily no opinic)n 1.% LJiVLn as lo w'hLthcr the finanLial s￿iLMUnIs prLsenL a 'lruL and lair VILW and ihL rLpori is limiiLd iu Ihc)SL' mullLrs SLI out in ihL SLalLmLnl below. Independent examiner's statement In LonnLilion iviih my L¥aminali()n, no maller has come io my aiiLniion whiLh gives me rcasonablL' Lause (o bLlieve (l)di in. any maicrial respcLI. Ilic I'cquircmenl8: lo kLCP ac¢ounling records in aLcordance wilh SLcLion 130 1)l- IhL Chariiics Act; lind lo prcparc linunLI(115l(Ilimcnls which accord with Lhc accounting rLL'ords and comply wilh the aLLUUIILing rL'qUII'LmLnLS of the ChariiiLS ALL hawe nul been mcL.' or 2. lo ivhich. in my opinion, allenlion should be drawn in order io enable a propcr understanding ofih¢ fIn￿CIal siaLcmcnts to be reached. Ind¥pendLni Examiner Edwai'd W Conn¢ll CliarLcird A¢counLanl WhiL¢ l.lousc, Dam Lane. Sayton Lceds I.S?4 9QF THE SECOND WORLD WAR EXPERIENCE CENTRE STATE￿IENT OF FINANCIAL ACTIVITIES {INCLUDING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEA R ENDED 31 DECEMBER 2023 Year ended 31 December 2023 2022 Unrestricted income funds Restricted income funds Total funds Tot¥1 funds Note Incoming and endowments from: Donations, legacies and Rents 51,810 51.1110 52.962 Total Income 51,810 51,810 52,962 Expenditure Expenditure on charitable activities: l-'undraising and publiciiy Costs hai'i(able expLndilure 1.680 iO,72i 49.680 49,6110 Total expenditure liO.831) 150.8311 {52.405) Net incom¢ resources before transfers 979 979 557 Reconciliation of funds Total lunds bi'ougl)t lor¥N'ard 50.516 2.600 53.116 52.559 Total fund5 carried forward 51,495 2,600 54,095 53,116 Continuing operations AII iliLI)niL' and L'xpL'ndilurc dLrivc Irom Loniinuing opcraliuns. Total recognised gains or losses Ther¢ were no recognisLd gains or losses LxLepi as shown in IliL Sialemcnl of i."iiiancial Aclii'ilies. The note.s on pages 1 O to 14 lorm an inlegral part ol-these linancial statemen15 THE SECOND WORLD WAR EXPERIENCE CENTRE BALANCE SHEET AS A T31 DECEMBER 2023 2023 2022 Notes Fixed assets TaiigiblL assL* ?24 1.631 Current a&sets l)IhLr del)Li)rs Cash a( bank and in hand .7>4 46.117 18,98() 52.48) reditors.. amounts falling due within one year Accruals 2.0 1.0 Net current 455ets i2.871 il.48) Ntt assets i4.ogi )i.116 Actumulated fun(Ls llnrc5lric￿￿ inLomL fLtnd.8 Rcstriilcd incomc funds 51.49) 7.600 iO.i16 ?.6UI) F17r thL vear LndL￿ 31 D¥Ycmbir ?0?3. Ihc compan!. ii-&S L￿titIld i(> thi. IXimpii()n Irorn thL fL'quifimLftL ts) hai'e an audit undLY ilie provisions i)1. 5477. CompaniLS ALM ?00(). No notiic has bcen deposiLed ii'iih ilie under 5476 111-th￿ A¢i requiring an audit lo bL' L-arriLThd oui. In pieparing th¢s¢ financial SlalemenL& the-l-n&s*es aiknoii.1LdoL thcir L'CSFM)nsibiliiiiS for lil cnsurinb? Ihal thc compan5, kcLP accountin¢J records ii'hich ¥omplJ' ii'ith kclion J46 0l-Ihi LornpaniL%.ILI ?006. and lill prL'paring rirTanLidl SLalLmcnis ii'hiih a Iruc dnd fdif i'lLlI' vf ihL SLILL vf allairs of Ehc Lomp&ni" 4LS dL LhL end L)l- (h¢ lin￿Lia1 pLriod und ol- its proliL or Ios5 (or thc linanLial PLriod in aLLoI'Ll￿Ce ii'iih (hL fL4uifLmLnLs of (his .4LL rc.l&in8 w financial ￿atL"menL%. so far &$ 4Eylicabli ￿ the Lompan!.. -ThLX' ILnan¢ial sta￿ents havL beLm KryarLd in aLcordanL¢ ii'iih ihl SPLxial pro¥isions of Part 15 Ol- Ihc Com niLS Aci ?006 rclaiing Io small companiL% and iviLh thc Ch3fiiie5 Swemrnl of Ricommcndcd PrdLIiLC 1021 ndn Is %i'Lrc approi'Ld and authorised for issue b!. the Board on 19 SepIL￿nher 7024. Kelytll J Trustee C()mpwi>' numbLT 3613847 The notcs on pagLs 10 10 14 lorm dn iniL"4rn1 part ul'th&L linancial 51alcmcnlS THE SECOND WORLD WAR EXPERIENCE CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEA R ENDED 31 DECEMBER 2023 Accounting Policies Tlic prinLipal ¢lLLouniing policies adoptcd, judgements and key sources ol. estimation uncertainly in the preparaiion ol- (he linancial stalcments are as lolloivs.. Basis of preparation Tlic IinaiiLial sLaieiiiLnts have been prepared in accordance wilh A¢counLing and Reporting by Charities.. SialLmenl ol- Recommend¢d Praclicc applicable to charitlC5 prcparing iheir uccounls in aiLordanLc wiih Lhc finanLial Rcporling Slandard appliLablL in Ilie UK and Republic ol. Ircland I l-'RS 1021 (clTLc(ive l Jdnuary 2015)- (Lharilies SORP Iriis 1021, IhL. financial Rcporling Stdndard appliLablc in the IIK and RL'public ol. Ircland IFRS I O? l aiid LIIL Coinpanics ACL 200(1. Thc Lompan}' nieels the dcl Inilion of a publii bcnel Il eiilily under FRS 102. Asse(s and liabilitics arc iniliully r¢cogniscd at hi51orical cost or Iransaction Vlilue. AIILr revieiving Ihe company's lor¥caslS and projections, thc IrusiLes havL a rea.sonable eYpL¥talion (hat Ihc Lompany lids adLquaLL fL.%oufcL'S LO Loniinuc in opcralional cxislcncc lor ilie loreseLablc lulure. Thc company iherclore Lonlinucs lo adopl LhL going conLLrn basis in prcpdi'ing il.s financial slalcmen(S. Therc are no significanljudgements made in the proccss of applying the en(ily'S aCLounling policics. DonAtions Volunlury incomL is rLcLivLd by way ol'donali(?ns, COVLrtants and gi l(s and is inLludLd in full in the SiaicmLnt vl. finan¢ial Allivilics when reLeivablL. DunalLd dLLounl&ncy sci'vices ai'¢ in¢ludL.d in boih inLomc and cxpcnditurc, ba5cd on Lhc eSlimatL.d LosL ol- LhL SLfviLLS lo Ihc firm ￿'h1¥h suppli¢s ihL'm. Grant5 Cil'aiils. inLSuding grants lor Ilie purcha.se ol. lixcd assets. are reLognised in lull in Uic SialLmenl or Fiiiancial ALIIVIIILS iii ihL ycar in whiLh Ihcy a￿. rL'cLivablL'. Other ineome InLvming I'LsoufLCS Irum the I'esource puck sales und Irom inv¢stmcnlS is included when receivable. Re$ource5 expended RLS()urLLs cxpcndLd are recognised in thc PLriod in whiLh Ih¢v dre incurred. Resources CYPLnded inLludc atlribuldbli VA T whiLh Lannul bc I'ccoi'crLd. RLsoufLLS L.¥pcndLd arc iillocalL.d lo the pailicului. aLIiviiy wl)ere ilie COSL relales direcilv to ihat aL'livily. Oi'erhLad expcndilurc has been alloLdLcd bcliN'een ihc cosl centres ofResources Lxpcndcd in accordunce wilh IhL u5agc ul'the as%eLs or ihL. bcnLlIl ofihc cxpLndilurL concerned. Tangible fixed assets and depreciatio Tangiblc fixed asscts iyith dn individual LOSI of aEx)ve £250 arc recognised as capital iicms. 'fhcy are sidiLd al LOSL ILSS dLprLLialion. l)LPI'L'¥ialion is proiyidLd al 33.J /0 Ull LIIL reduLing b&lanLL; a ralc cuILulalLd io i¥ril¢ oft. the cosl less Cstimatcd rcsidual vdluc ol- Lach assei ovcr ils eypectcd usclul lile. Funds structure Donations re¢¢ived which arc condilion&l upon Ihcii. bL'ing USLd foi. 5pccific purposc5 arc Ii'calcd as RLsLrictcd incomc funds and amuunts unexpendLd ai ihe year-end are shoivn scparaLLly undcr Accumuldtcd lunds in thc BalanLC Shecl. Governanee costs GovernanLe Losls are those incurred by the chariiy in meeting ILS sialuLOry obligacions. THE SECOND WORLD WAR EXPERIENCE CENTRE NOTES TO THE FINANCIAL STATEIMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Preparation of the finaneial statement5 on a going eoncern basis Allei. reviewing forecasis and projcctions thc Trustecs have a reasonablc expe¢talion thai ihc company ha.q adcquaic I'esoui'ces to Colllinue in opcraiional exislcnce for ilic forcsccable luLurc. Tlic company IhLI'¢fore conlinuLS lo adopi the going conLLm basis in prL"pdi'ing its financial sldtLmLnts. i.io Reeonclllatlon with previous Generally Accepted Accounting Practice In prLparing7 thL finanLial .5(alements, the Ii'usLeL'S have Considci'cd ￿'hC[her in applying the accounting policies i-equired by FRS 102 and th¢ Charities SORP fRS 102 the restatement ofcomparative items ivas I'equii'ed. Tlie Iruslees have I'eviem'ed tlie li'ansaclions and havc delermined Ihal no amendment lo Ihe LompdrdtivL figurc5 is rcquircd. THE SECOND WORLD WAR EXPERIENCE CENTRE NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 DECEMBER 2023 Don#ted services Donaied services in each of 2023 and 2022 amounied lo £500. Expendlture on charitable Aetlvllles F.xpendiiure on chariiable activities for the year are analysed as follow's: Chari(dblL acliviiies 2023 2022 Salaries ()ri ILL LOSLS CommuniLdiions 38,017 5.134 38,223 5.708 1.680 44,302 45.611 SharL ol. suppori Losls1sLL no(L 4) Sh#re ol-governanLL Losls IseL nuie 41 5,529 1.000 5.794 1,000 50.831 i2.405 Analysis by fund LlnrcslriLILd lunds RcslriLILd lunds 50.831 52.405 50.831 AnAlysls of support And governAnce eosts Support Governance costs cost5 2023 2022 Basis of allocation Salaries and Consull￿ni lees 5.331 5.331 198 5.427 367 Allocation on time AlloLalion on limc ()Ilicc cosis O(licr costs 198 1.000 1.000 1.000 Analyscd bciivecn Chai'ilable aLIiviiiLS i,529 1,000 6,529 6,794 Net Income 2023 2022 Nei ineomc is slalcd aficr charging: Dcprcciation ol. tangible a5SLIs ndLpendcnl accounlanis rcmuneralion 407 1.000 543 1,000 THE SECOND WORLD WAR EXPERIENCE CENTRE NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 DECEMBER 2023 Taxation The eompany is a regislered charity and is exempt from corporation lax. Tangible fixed assets- Fixtures, fittings and equipment Cost Ai l January 2023 Addi(ions 34,428 Ai 31 Dcc¢mbcr 2023 34.428 Depreciation Ai l January 2U23 Chargc lor the ycar 32,797 407 Ai 31 December 2023 33.204 Net book value Ai 31 Dcccmbci. 2023 1.224 AI 31 DLc¢mbLr 2022 1.631 All lixcd a5scIs arc used in direci furtherance ofihL Lharily's objects. Accumulated funds 2023 2022 UnrLslriLILd inLomL lunds Reslricled income lunds 51.49) 2.600 50.)16 2,600 54,095 53.116 All rcsiricied income lunds are rcprcsenL¢d b>. cash ai bank. Restrieted income funds Rcstriclcd incomc funds LumprisLd:. From a chariiablL Irusl lo cnablc the Cen(re to ex￿nd ILS work into Mcrseyside ?.600 ?.600 ?.600 2,600 13 THE SECOND WORLD WAR EXPERIENCE CENTRE NOTES TO THE FINANCIAL sTATE￿IENTs (continued) FOR THE YEAR ENDED 31 DECEThIBER 2023 io Employees Employecs, lolal emoluments during Lhc year M'ere'.- 2023 2022 Wages and salai'ies .Socidl 5ccurily cos15 36.554 1,463 36.754 1,469 38.017 38.223 The avcrage number ofemployecs during the period was 2 (2022- 21. No einployee's cmoluinenls lor Ilie period exceeded £60.00012022- none). No remuneralion or oiher bcncl its w'er¢ paid or payablL lo any charily Irusiee or ¢onnected person. Indcmniiy insurancc has becn purLhased lor £57) 120?2 - £5751 Lo proleci ihc charity, trustecs and orriL¥rs from Ioss¥s arising Irom IhL nLglL'LI or defauli ofall Iruslees or ofiicLrs. 14