CLEVELAND IRONSTONE MINING MUSEUM
(Company Limited by guarantee - not having a share capital)
Trustees, Annual Report and Accounts
For the year ended 31 March 2024
Charity number 1080246
Company Registered in England: Number 3837401
Maln office
Mill Lane
Skinningrove
North Yorkshire
TS13 4AP

Cleveland Ironstone Mining Museum Annual Report and Accounts
Contents
TRUSTEES, REPORT forthe year ended 31 March 2024....................................................
REFERENCE AND ADMINISTRATIVE DETAILS...
REGISTERED OFFICE.....................................................................................................
BANKERS.....................................................................
STRUCTURE GOVERNANCE AND MANAGEMENT.......................................................
TRUSTEES:............................................................
STAFF:............................................................................. .......
OBJECTIVES AND ACTIVITIES.......................................................................................
ACHIEVEMENTS AND PERFORMANCE...................................................................,.....
Room to Grow development and other Capital wort(s. Improving the access to the
collection for the education of Ihe wider public.....
Conservation and preservat'on of artefacts and documents linked to the ironstone
mining industry and communities.....
Research related to the ironstone mining industry and family histories.....
Development and implementation of an interactive activity and education
programme for visitors, the local community, local schools, both based at the museum
and outreach in the schools .
Offering volunteering and work pl2￿ment opportunities to the local community..,
Acknowledgements........................................................... .........................
FINANCIAL REVIEW.........
Reserves Policy.......
STATEMENT OF TRUSTEES, RESPONSIBILITIES....................................................... 10
INDEPENDENT EXAMINER'S REPORT...............
STATEMENT OF FINANCIAL ACTIVITY...................................................
12
BALANCE SHEET.. . .
.13
NOTESTO THE FINANCIALSTATEMENTS......................................
.14-21

Cleveland Ironstone Mining Museum Annual Report and Accounts
TRUSTEES, REPORT for the year ended 31 March 2024
The Trustees (who are also the directors for the purposes of company law) present their
report and financial statements for the year ended 31 March 2024. The financial statements
have been prepared in accordance with the Charitys trust deed. the Charities Act 2011,
Companies Act 2006 and the 'Statement of Recommended Practice, Accounting and
Reporting by Charities 2019 {FRS102).
REFERENCE AND ADMINISTRATIVE DETAILS
Charity Number: 1080246
Company Registration Number: 3837401
VAT Registration Number.. 407767082
REGISTERED OFFICE
Mill Lane Skinningrove Saltbum
North Yorkshire TS13 4AP
BANKERS
Unity Trust Bank
9 Brindley Place
Birmingham
B12HB
Co-operative Bank
PO Box 250
Skelmersdale
WN8 6WT
Redwood Bank
The Nexus Building
Broadway
Letchworth Garden City
SG6 3TA

Cleveland Ironstone Mining Museum Annual Report and Accounts
STRUCTURE GOVERNANCE AND MANAGEMENT
Cleveland Ironstone Mining MLJseum (CIMM) was established in 1983 as the Tom Leonard
Mining Museum.
CIMM is an independent registered Charity- No 1080246 - registered as CIMM on 7th April
2000.
CIMM is a company limited by guarantee No 3837401. registered in England on 7th
September 1999. CIMM is a nationally accredited Museum.
During 2021122 the Board of Trustees reviewed the museum's Memoranda and Articles of
Association and adopted a new Articles of Association, based on the Charity Commission's
template, on the 28 January 2022 at an extraordinary general meeting of Trustees. The
Charity Commission approved them on 1 July 2022 and Trustees endorsed them at the next
meeting 21 September 2022.
The Board of Trustees meet at least 6 times a year. New and existing trustees are elected
on a three-year rolling period by the Committee at the AGM. New trustees can be co-opted
throughout the year and authorised at the AGM.
Full trustee rneetings re￿1ve reports from:
Finance Commlttee: comprising 7 truslees.
Health & Safety group, comprising 2 trustees and staff members (Mine Manager) to
oversee Mine Management, Health and Safety Risk Management. policy and
procedure in accordance with Mine Regulations 2014.
In reviewing the aims and objectives of the Charity. and as part of the planning of future
work, the Trustees have taken account of the guidance given by the Charity Commission on
public benefit. Careful consideration is given to ensuring that activities consistently contribute
to the Charity's objectives. CIMM'S main areas of charitable activity are detailed below. The
major risks to which CIMM is exposed are considered and reviewed on a regular basis at
8oard meetings.
TRUSTEES:
Rev A Gaunt (Chair)
Mr l L Wilson (Vice chair)
Mrs J Holt MBE
Mrs D F Pollard (Treasurer) (Chair of Finance Committee)
Mr A Chilton
Mrs E Cuthbert
Mrs J Dowey (to April 2023)
MrCHart
Dr Briony Fox
Mr C Twigg
Mrs C Zagrovic (from December 2023)
Ken Hunter-smith (Secretary to March 2024)
Miss M Woods (Chief Executive) (from March 2024)
VICE PRESIDENT
Mr A Richardson stepped down as a Trustee and became the Vice President at the AGM on
1 June 2022

Cleveland Ironstone Mining Museum Annual Report and Accounts
STAFF:
Chief Executivelmine Manager: Marie Woods (from 27 March 2023)
Director of Operations: Graham Banwell (to 30 November 2022) (from 1 December 2022 to
June 2023 Advisor to Museum Manager)
Collections Manager (previously Collections and Engagement Officer).. Angela List-Evans
(from 6 July 2022)
Business Manager and Room to Grow Prqect Manager. Ken Hunter-smith (to 28 February
2024)
Marketing Manager: Nick Wesson (from 3 April 2023)
Education Manager.. Jean Banwell (to 1 September 2023)
Learning Manager.. Grace Redpath (from 16 October 2023)
Housekeeping.. Ann Currie (from 20 February 2023) and Ellen Ashbridge (from 20 February
2023)
Volunteer Co-ordinator: Shirley Buckingham (to 31 December 2023)
Education and events Officer: Isaac McBumey (from 3 January 2023)
Retail Officer: Antony Peacock (to 15 September 2023}
Retail Officer: Angela Smith (from 9 October 2023)
Outreach and Engagement Manager: Nicola Greenwood (frorn 9 October 2023)
OBJECTIVES AND ACTIVITIES
Charitable Objectives are:
To provide a permanent record of the ironstone mining industry in Cleveland.
To advance the education of the public by the establishment of a museum
studying, collecting, preserving and exhibiting to the public machinery, objects
and infomiation illustrating the development of the industry and the way of life
of the ironstone miners in Cleveland.
The Charitable Objectives are met by:
Collecting, preserving and conserving objects, photographs and documents, relating
to the development of these industries, the growth of the mining communities, and
the way of life of miners and their families;
Democratising our collections for the purposes of interest, learning, and research,
not only within the museum, but also within the wider community, through
educational loaned material, temporary exhibitions, and community led exhibitions
and projects.
Providing an immersive, interpretive, educational experience of the industrial, social
and natural histories of East Cleveland, Tees Valley and North Yorkshire., by means
of exhibitions, interactive displays and outreach activities.
Promoting tourism, stimulate economic regeneration and enhance the social
cohesion of the local area
Land of Iron's vision is:
To preserve and promote the ironstone heritage of Cleveland and North Yorkshire
through the Land of Iron (Cleveland Ironstone Mining Museum),.
To become a leading centre for industrial heritage research;
To provide lifelong learning experiences that supports the needs of visitors, learners,
and the community.

Cleveland Ironstone Mining Museum Annual Report and Accounts
To contribute to people's health and wellbeing, create jobs, and promote tourism
across Tees Valley and North Yorkshire.
To be a nationally and intemationally recognised organisation:
To provide a safe and accessible pla￿ where everyone is welcomed and
represented.
Preserving the Past, Forging a Future
We aspire to be relevant, ouhmard-looking, and a valuable community asset. Land of Iron will
provide cultural and learning opportunities for people across our communities and be the
lasting link be￿een our proud ironstone mining legacy and to promote a prosperous future
across Tees Valley and North Yorkshire.
ACHIEVEMENTS AND PERFORMANCE
1. Room to Grow development and other Capital works. Improving the access to
the collection for the education of the wider public.
The Roorn to Grow building project funded by National Lottery Heritage Fund INLHF),
Coastal Communities Fund (CCF) and Tees Valley Combined Authority, to extend the
museum buildings. is the museum's largest development since it opened in 1983. It has
more than doubled the size of the existing museum adding a walk round exhibition space,
environmentally controlled collections store, two large classrooms, offices and toilet facilities.
Redcar and Cleveland Borough Council are the lead partners for financial management of
this £2.5 million investment which does not appear in these accounts. The project's purpose
was to improve the physical facilities enabling long temi opportunities for education and
social benefits for the public, visitors and volunteers now and into the future.
Land of Iron has now been open for over a year, and has continued to grow during this
period of time. Without the support of the whole museum team (staff, volunteers and
Trustees) and extemal organisations, we would not be in the position we find ourselves
today, and for that we will be forever thankful.
Between April 2023- March 2024, the museum has received over 12260 visitors (figure
doesn't yet include family activities, lecture or event attendance). This is a staggering
number on the basis that the North Drift hasn't been accessible.
In June 2023, Land of Iron won the regional title for the Constructing Excellence Award Best
Value Category. As a result, the museum was invited to the National Awards. where we
came runners up in the same category.
The official opening took place in September 2023, and was opened by the Honourable
Joanna Pease, of the Pease family who first set up the Loftus Mine in 1864. It was a
wonderful ￿lebratiOn and continuity of historical links.
The staff funded by the National Lottery Heritage Fund "Room to Grovf project, Business
Manager and Collections and Engagement OffI￿r (now Collections Manager), Retail Officer,
Education and Events Officer, continued to be employed. The additional post of Outreach
and Engagement Manager was created to support the expanding museum offer.
Conservation and repair work on the historic rnining buildings is ongoing. We are indebted to
ICL Boulby, AMCO Giffen, and British Steel for their advi￿, support and offer to undertake
the repair work to the portal of the North Drift at no cost. Due to their extremely generous

Cleveland Ironstone Mining Museum Annual Report and Accounts
donation of material and their time, the North Drift opens to the public once again on 29 April
2024. It has been closed for 7 years, and we know how much the reopening will mean to so
many.
The museum is extremely grateful to an anonymous donor whose continued generous
support has allowed the museum to deal quickly and effectively with the repairs to the
existing mine buildings as well as help support our staff. Without this there would have been
considerable challenges.
To strengthen the museum offer and facilitate urgent remedial work, a portion of the dono¢s
financial contribution was restricted for match funding for an Arts Council Museum Estate
and Development Fund application. Unfortunately, Round 3 was unsuccessful, but we have
resubmitted an applicatson for MEND Round 4.
2. Conservation and preservatlon of artefacts and documents15nked to the
ironstone mining industry and communities.
Access to the museum's collections is offered in a variety of ways that enhance leaming,
encourages exploration, and promotes the hisiory and legacy of local heritage and industry.
The benefit of such actions enables future generations to learn about the past, and to take
pride in their history.
Cleveland Ironstone Mining Museum (Land of Iron) is a fully accredited museum service.
The museum was invited to reapply for accreditation, with the full application being
submitted January 2024. In accordance with the new building and following SPECTRUM
Standards, all of the collections policies were reviewed in 2023.
CIMM (Land of Iron) holds the largest collection of objects and documents linked to
ironstone mining in the country. The museum has a collection of both national and
international importance. The pemianent and temporary exhibitions display a wealth of
objects that reflect the various themes of ironstone mining. from the tools used, to domestic
life. Our displays offer members of the public an opportunity to learn about the ironslone
industry and interact with local heritage.
The collection is managed by a full-time Collections Manager, who coordinates a team of
trained volunteers. The collections team work together to care. conseNe, and audit the
collections,
The bulk of the collection is located in the main collections store on site and was moved
back to the museum during September 2022 and July 2023. The store has a clirnate control
system in place, with a new ventilation system in the archive room. There are additional
climate checkers (Tiny Tags) located in the main exhibition space and Tom Leonard
Gallery. There is also a small office space which doubles up as a collections research
space,
The new object store and archive has enabled the collection to be fully laid out and allow for
a thorough audit to take place which is still ongoing. The collection has been in storage for 5
years prior to the redevelopment.
Volunteers have received further training on MODES (the museum standard cataloguing
system). Training has been given to six people, increasing our ability to move forward with
the cataloguing of the collection.

Cleveland Ironstone Mining Museum Annual Report and Accounts
As a result of the new facilities important donations of documents and artifacts have been
made. This demonstrates a confidence in the new facilities and the perfomiance of the
museum going forward. In November 2023 the museum received a large number of digital
prints of Skinningrove, captured by internationally renowned photographer Chris Killip.
Support for care and maintenance of the collection has come from Tyne and Wear Museums
in the form of a grant. With thanks to a grant from AIM Pilgrim Trust we were able to contract
an independent consultant provide a full set of recommendations for ftjrther collections care
and conservation, based on the museums current position.
3. Research related to the ironstone mining industry and family histories.
This year we have welcomed a number of academics to the museum who have made
enquiries regarding access to certain areas of our collections. In particular, we were visited
by a Professor from Japan, who was conducting research relating oral histories of miners.
Family history research has continued to be extremely successfully raising in excess of £475
in donations.
Alarge number of enquiries were received during and following on from our Mine on the
Move event in February 2024.
4. Development and implementation of an interactive activity and education
programme for visitors, the local community. local schools, both based at the
museum and outreach in the schools.
The leamlng programme, half terrn activities, and events, benefits a diverse audience. We
are working hard to create new opportunities to help expand people's knowledge and
understanding of the ironstone industry as well as widen community participation in other
none heritage related adivities. Our programme seeks to ensure safe and inclusive access
for all,
We are dedicated to becoming a centre for community support. By creating and delivering a
varied activities programme we aim to raise aspiration and attainment and provide
opportunities for skills development, and support local economic and cultural capacity.
As part of the Room to Grow Project an Activity Plan was agreed and has now been
completed. Two main elements of this plan were object rings {stands which would hold
objects) for the main exhibition space and the delivery of two temporary exhibitions.
A decision was made to alter the object rings in favour of children's explorer backpacks-
this has proven to be a successful initiative and children have loved wearing miniature
helmets, using the binoculars and the wind-up torches as part of the tour and wider rnuseum
engagement.
The first temporary exhibition "Hazards, Heroes and Superstitions" covered the folk lore of
mining. the unsung heroes, and the often, perilous working conditions endured by both
miners and horses alike. The second was "Mines, Minerals and Men" a celebration of the
geology of the East Cleveland Coastline and the efforts and contributions of Lewis Hunton, a
local fossil hunter. The exhibition was supported by loaned objects from Scarborough
Museums and Galleries, and other personal loans.

Cleveland Ironstone Mining Museum Annual Report and Accounts
Since October 2023 the leaming offer has been changed to encompass a wider range of
scientific and local history-based sessions. The most popular workshop continues to be the
mining experience, though this will be redeveloped once the North Drift has reopened.
The museum's learning team has continued lo tske an active role as part of the Making a
Mark partnership (funded by Arts Council England) with other museums and galleries in the
Tees Valley. With Ihanks to the grant scheme a new workshop on Michael Farraday has
been developed to enhance the museums STEM offer.
In August 2023, the museum reintrodU￿d the Tom Leonard Lecture, instead of a single
event, as a series with talks taking place each month. So far, every talk has been sold out.
Some of our guest speakers have included, Professor Joann Fletcher, Colin Hart, Jonathan
Wallis (National Trust) and Lara Moon (Teesside Archives).
Family half tem activities have been proving popular, especially our "Before Time. event as
part of our'mines. Minerals and Men" exhibit. where we partnered with Fossils in't hills, ICL
Boulby, and the Dark Matter Lab at Boulby. We had over 180 people attend across a 4 hour
period.
For Christmas, we were fortunate enough to secure a grant from the Half Term Activity
Fund, and we were able to run a week long session of activities over the break.
Since the appointment of a new Outreach and Engagement Manager, the museum has been
able to regularly offer workshops in care homes. Sessions include reminiscence boxes, arts
and crafts, and oral histories. We were able to secure some grant funding to enable these
care homes to visit the museum for afternoon tea and a look around the exhibition.
In February 2024. we launched our.mine on the Move" initiative. This outreach and
engagement scheme sees the museum being taken out to various venues across the Tees
Valley and North York Moors to enable those who may not be able to visit the museum, to
engage with the museum's collections, leam about the industry and socialise with members
of the museum team. It is also used as a way of recruiting new volunteers as they are able to
view first-hand what the museum does.
5. Offering volunteering and work placement opportunities to the local
community
Volunteers benefit from their engagement with the museum through the training provided,
the support and social interaction they receive enhancing their engagement in the wider
communtty and reducAng isolation.
Learning, collections, and maintenance volunteers have continued to help the museum
succeed and grow, especially over the last year of being open to the public.
The cu￿ent number of volunteers giving their valuable time and completing some extremely
important work is 33. A total of 10619 hours from April 2023-March 2024.
We are currently working alongside DWP to offer various work tasks to help support the
development of participants skillsets and gain valuable experience in a professional
environment.

Cleveland Ironstone Mining Museum Annual Report and Accounts
Training has been given for First Aid, Fire Safety Training. Deputy Mine Manager, General
Building Operation and Moving and Handling, Emergency Evacuation some of these have
certification for future use by the volunteers in other settings. Safeguarding training is about
to be completed.
Acknowledgements
Thanks to all our volunteers for their support through this exciting first year of opening. Their
hard work, dedication, support, and enthusiasm has helped the whole organisation. Without
our wonderful volunteers, the museum would not be what it is today- they are the best part
of our organisation.
Thanks also to:
Arts Council England
AmcoGriffin
North Skelton Village Hall
North York Moors Caving Club
North York Moors National Pat1<
Penny Petroleum
Redcar Athletic
Redcar & Cleveland BC
Redman Partnership.
Geoff. Val & Joanne Robinson and Kaskane
Honorable Joanna Pease
British Steel {Skinningrove}
Cleveland Mining Heritage Society
Cleveland Model Railway Club
Coatham Coaches
Guy Culhbert
Dementia Action Teesside
Professor Joann Fletcher
Giles Proctor, Hisloric England
Holiday Activity Fund
ICL Boulby Mine
Steven Samuel. HM Principal Inspector of Mines
James Innerdale. Conservation Architect
Matthew and Mary Killip
Kirkleatham Museum
Loftus Town Council
Middlesbrough Football Club Foundation
MIMA Middlesbrough
Museum Development North East
National Lottery Heritage Fund
Jonathan Wallis, National Trust
North Skellon Tees Components Band
Peter Tuffs
Skinningrove Village Hall
Structural & Civil Consultants
Graham Smith
Scarborough Museum and Galleries
Teesside Archives
Tees Valley Combined Authority
Tees Valley Rural Action
Tees Components
The Miners Arms - Skelton Green
Together Middlesbrough & Cleveland
Worshipful Company of Ironmongers
Tyne & Wear Archives and Museums

Cleveland Ironstone Mining Museum Annual Report and Accounts
FINANCIAL REVIEW
The financial position of the Charity is continually monitored by the Board and Treasurer with
financial reports submitted to the Board of Trustees at each meeting. Income and
expenditure are also reviewed against budgets. The results for the year are shown in the
Statement of Financial Activities on page 12. The anticipated deficit of £73.817 was incurred
for the year. as a result of the expenditure on rnarketing, repairs, maintenan￿, fumishings
and equipment that had been earmarked in restricted reserves held for these purposes.
Total funds being £398,355 at the year end date of 31 March 2024.
The museum's finances were fully operational on Sage for the whole year.
Reserves Policy
In the current economic climate, the Trustees aim to maintain free reserves at a level which
equates to approximately three months core operating costs, (£35,000). This will be
reviewed annually to ensure that this target figure is both current and sufficient lo enable
costs to be covered. As a result of the at)ove strategy, our free non-designated reserves
were £38,256 at 31 March 2024.
By Order of the Board
A Gaunt
D F Pollard
Chair
Treasurer
19 July 2024

Cleveland Ironstone Mining Museum Annual Report and AC￿untS
STATEMENT OF TRUSTEES. RESPONSIBILITIES
The Trustees (who are also directors of Cleveland Ironstone Mining Museum for the purpose
of company law and members for the purposes of the Charity Commission) are responsible
for preparing the Trustees, Annual Report and the financial statements in accordance with
applicable law and United Kingdom Accounting Standards (United Kingdom Generally
Accepted Accounting Practice).
Company law requires the Trustees to prepare financial ststements for each financial year,
which give a true and fair view of the state of affairs of the charitable company and of the
incoming resources and application of resources, induding the income and expenditure, of
the charitable company for the year. In preparing these financial statements, the Trustees
are required to:
Select suitable accounting policies and then apply them consistently.
Observe the Methods and principles in the Charities SORP 2019 (FRS102).
Make judgements and estimates that are reasonable and prudent.
State whether applicable UK Accounting Standards have been followed, subject to
any material departures disclosed and explained in the financial statements.
Prepare the financial statements on the going concem basis unless it is inappropriate
to presume that the charitable company will continue in operation.
The Trustees are responsible for keeping adequate accounting records that disclose with
reasonable accuracy at any time the financial position of the charitable company and enable
them to ensure that the financial statements comply with the Companies Act 2006. They are
also responsible for safeguarding the assets of the charitable company and hence for taking
reasonable steps for the prevention and detection of fraud and other irregularitles.
The Trustees are responsible for the Maintenan￿ and integrity of the corporate and financial
information included on the charitable company's website.
1Q

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
CLEVELAND IRONSTONE MINING MUSEUM
I report to the charity trustees on my examination of the finanaal statements of Cleveland Ironstone
Mining Museum for the year ended 31 March 2024.
This report is made solely to the charitable company's trustees, as a bi)dy, in accordance with Chapter 3
of Part 16 of the Companies Act 2006 and the charitable company's trustees as a body in accordan
with section 154 of the Charities Act 2011. My independent examiner's work has been undertaken so that
I might state lo the charitable company's trustees those matters l am required to state to them in an
independent examinerfs report and for no other purpose. To Ihe fullest extent pemiitted by law. I do not
accept or assume responsibility to anyone other than the charitable company, the charitable company's
members as a body and the charitable company's tnjstees as a body for my independent examinerfs
work, for this report, or for the opinions I have fomied.
Responslbilities and basls of report
As the charity's trustees of the charitable company (and also its directors for the purposes of company
law) you are responsible for the preparation of the financial statements in accordance with the
requirements of Ihe Companies Act 2006 {'the 2006 Act,).
Having satisfied myself that the financial statements of the charitable company are not required to be
audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of
my examination of your charity's financial statements as carried out under section 145 of the Charities
Act 2011 ('the 2011 Act,). In carrying out my examinalion I have followed the Directions given by the
Charity Commission under section 145(5) (b) of the 2011 Act.
Independent examinerfs statement
I have completed my examination. I confirm that no matters have come to my attention in connection with
the examination giving me cause to believe..
accounting records were not kept in respect of the Company as required by section 386 of the
2006 Act., or
2. the financial statements do not accord with those records; or
3. the financial statements do not comply with the accounting requirements of section 396 of the
2006 Act other than any requirement that the accounts give a 'true and fair view which is not a
malter considered as part of an independent examination. or
4. the financial statements have not been prepared in accordance with the methods and principles
of the Statement of Recommended Practice for accounting and reporting by charities (applicable
to charities preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which
attention should be drawn in this report in order lo enable a proper understanding of the financial
statements to be reached.
Adrian Rodaway FCA. DChA. BFP
HPH, Chartered Accountants
54, Bootham, York, Y030 7XZ
19 July 2024

CLEVELAND IRONSTONE MINING MUSEUM
STATEMENT OF FINANCIAL ACTIVITIES
AND INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
Year ended
31 Mar¢h
2024
Year ènded
31 March
2023
Note
Unrestricted
Fund5
Restrlcted
Funds
Incom• and •ndowm•nts from:
Donations and legacies
Charitable activities
Other trading activities
Investments - interest received
39,011
197.580
43.515
235.291
11.261
3.1gs
37,065
154.372
4.274
2,682
37,711
11,261
3,195
Total
56,671
236,591
293.262
198,393
Expendlture on:
Charilabla acllvilies
Propety Costs
63,192
236.978
66.909
300.170
66,909
217,490
289,193
Total
63.192
303.887
367,079
506,683
Net deficit
(6,521}
8.855
{67,296)
(8.855)
(73,817)
{308,290)
Transfers botween funds
Net movement In fvnds for Ihé year
2,334
(76,151)
(73,817)
(308,2901
Total funds brought forward
35.922
436,250
472,172
780,482
Total funds carrled foThvard
£ 38,256
£ 360.099
£ 398,355
£ 472,172
The notes on p8ge8 7410 21 f¢ym part of these fin8ncMI statements.
12

CLEVELAND IRONSTONE MINING MUSEUM
(Registration number- 3837401)
BALANCE SHEET
S AT 31 MARCH 2024
Note
2024
2023
FIXED ASSETS
Tangible Fixed Assels
265,562
272.893
CURRENT ASSETS
Stock
Debtors
Cash al Bank and in Hand
14,055
28,940
109.043
17,750
74,121
132,642
10
152.038
224,513
CREDITORS.. amounts falllng due
withln one year
11
19.245
25.234
NET CURRENT ASSETS
132,793
199,279
TOTAL ASSETS LESS
CURRENT LIABILITIES
398.355
472,172
NET ASSETS
£ 398.355
£ 472,172
FUNDS
Unrestricted Funds
Reslrlcled Funds
12
12
38.256
360,099
35,922
436,250
FUNDS
£ 398.355
£472,172
In the directors, and trustees, opinion Ihe Charilable Company was entitted under sects'on 477 of Ihe Companies Acl 2006
I'the Act,) to exemption from the audit of its financial stalements for the year ended 31 March 2024. No notice from
rnembers requiring an audit has been deposited under section 476 of the Act in relatior¢ lo ils financial statements for the
financial period. The directors and tnjstees are responsible for ensuring that the Charitable Company keeps accounting
records which comply with section 386 of the Acl arKf for preparing financial slatements which give a true and fair view of
the stale of affairs of the Charitable Company as at the end of each financial period and of its income and its expenditure
for each period in accordance with the requirements of sections 394 and 395 of the Act and which otherwise comply with
its requirements. so far as applicable to the Charitable Company.
These financial 5tstements hav8 been prepared in accordance the special provisions for small companies under part
15 of the Companie5 Act 2006.
Approved by the Board of DirectoKs and Trustees on 19 July 2024 signed on its behalf by."
A Gaunt
Director and Tkvstee
The notes on pages 14 to 21 form part of these financial slalements.
13

CLEVELAND IRONSTONE MINING MUSEUM
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
ACCOUNTING POLICIES
Charlty infomation
Cleveland Ironstone Mining Museum is a privat8 company limtiad by guarantéè incorporatèd in England and Wal8s. The address of Ihe
registered office and prinGipal place of bjsiness is Mill Lane, Sknnniwrove. North Yorkshi￿, TS13 4AP.
Ac¢ounting ¢onventlon
Th6 financial slatem6nts have been prepare(i in accordance with the charitys goveming document, th8 Companies Act 2006 and 'AccDunting
and Reporttng by Charitles., Stsiernent irf Recx)mrnended Prac11￿ applicable to tharities preparin9 their accounts in accordance wth the
Financial R8PQrting Standard 8pplieAble in thé UK and Republic of Ireland IFRS 1021 {effective 1 January 20191. the Chariti8s SORP"
The charity c£)nstitutes 8 public benefrt en¥ty as defined by FRS 102.
The accounts are presented in UK Sterfing pounds {£1.
The flnandal statements have been prepared under Ihe historfeal ￿$t convenllon. modifled to indude the revaluatton of freehold propertles
and lo includ8 inveslmenl properbes and certain financ4al instruments at fair value. The pnnapal accounting policies are sel out below.
Going Concern
Al thé tlme ol approving the accoun15, the tDJslee5 have a reasonable expectation that adequate financial resources are avallable to enable
the charity to continu8 in oparalional èxislèn¢8 for the foreseeable lulure. Thus, the tru51ees continue to adopt th8 going conc8Tn basis of
aGGounling in preparing the financial slalemenls.
Charltable funds
Unreslricled funds are 8vailable for use al the discretion of the trustees in furth8rance of th8ir charttable objecllves un18ss the funds have been
designated for oiher purposes.
Restricted funds are subjeGt to specrfiG o?ndttions by donor5 as lo h¢)w they may be Lwd.
Income r•cognltSon
Income is recognised when the charity is legally entided io it after any performance eAywJili￿s have been mel, the 8moun18 can be measured
reliably, and il is probable that the Income wll be received.
Cash donallons are re￿gnised on receipt. Oiher donations are recognised once the charity has been nolfied of the donotion unless
performance conditions require deferral of the amount.
Grants reoeivable are shown gross and are fecogni8ed in the SOFA to the exlent thal they relate lo the period up to the year end. Where
fundlng has been glven for a perfod Ihal sp8ns the year end. the amount that rdales lo the following pedod Is deferred and ￿thed fo￿ard.
Resourcas expond¢d
All expenditure is accotjnted for on an a¢cnJals basis and has been classif*d under the headings that aggregate all costs related lo the
category. Where costs cannot bÈ dirady attiitrtjted lo part¢cular headinos. they have been alloealed lo aclplites on a basis consislenl with Iht
use of resour￿S.
Tangible Fixed A55ets
Fixed assets wilh a cost of over £500 are included at the low of (x)st or valuati￿. It is the charity5 poliGy that any capital expenditu￿ below
£500 wll be written off in the year of Pltrchase.
Dépreclatlon
Depreciation is calculated so as to write off the cost or valuation of all asset. less its residual value, over the useful economic live of that assgt
as follows..
Buildings
Equipment
Motor vehide
2% straight line
25% ￿raight line
25% straight line
14

CLEVELAND IRONSTONE MINING MUSEUM
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
1. ACCOUNTING POLICIES Icontlnued)
stock
Slo¢k of goods for resale in the Mus8um shop are valu8d at the Iow8r of rA)st aThl n6t realisabla valve. after maknng due allowance for
obsoleté and slow moving il8ms.
Debtors
Trade and other deblofs are recognised at the settlemenl amwnt due after any Irade discount offered. Prepayments a￿ valued at the amount
prepaid nel of any trade discounts due.
Cash and cash equlvalents
Cash and cash equivalents indude cash in hand, deposits held at call with banks, olher short-term liquid investments with original rr8lurities of
three months or less, and bank overdrafts. Bank overfrafts are shown within borrowngs in current liabililies.
Credltors and provlslon8
Creditors an(J pro￿$10n8 are recognised where the charity has a present obligation resulting from a past event that wll probably re$ult in a
transfer of funds to a third paty and the amount due to s&tUe Ihe obligation can be measured or estimated reliably. Creditors and provisions
are normally recognlsed at their settlement amovnl after allowing for any trade dise£)unts due.
Employee beneflts
The cost of any unused holiday 8ntlUement is recognised in the perto(I In whlch the employee's seNlces are recèived.
Terninatlon beneftts arg r8cognls8d immedlalely as an expense ￿en the charfty is d8monstrably committed lo t8miinale thé employment of
an employee or lo provide termination benefits.
Crltlcal accounllng •8tlmates and Sudg•mentJ
In the application of the charity's accounting policies, Ihe trustees are required to rnake judgements, esbmates and assumptions about the
caryng amount of assets and liabilitses that are not readily apparent from other sources. The estimates and associal8d assumption$ are
based on historical experience and other factors that are considered to be relevanL Actual results may differ from these eslimales.
The estimates and undedw'ng assumptions are reviewed on an ongoing b¥5is. Rewsions to accounting estimates are ￿COgnISed in the period
in which the estimo1¢ is rovised vhere the revision affeGis only Ihdl period. or in Ihe period of revision and lulure periods where the revision
affe¢l$ both ¢urrenl and fulure period$.
Total
2024
Total
2023
Unrg$trf¢tsd
Restrlctsd
2. DONATIONS AND LEGACIES
Donations received
Anonyrnous donor
Family history donations
Other donations
Glft Aid
31,000
31,000
475
2,794
9.246
28,000
260
1.487
7,316
475
2,533
1.496
261
7,750
£ 4.504
£ 39,011
£ 43,515
£ 37,065
15

CLEVELAND IRONSTONE MINING MUSEUM
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Total
2024
Total
2023
Unrestrtcted
Reslricted
3. CHARITABLE ACTivrriES
Granls received
National Lottery Heritage Fund
Making a Mark
Together Middlesbrough & Cleveland
Durham Community Foundation
Tyne & Wear Archives & Museums
North York Moors National Pat1¢
Tees Valley Combined Aulhority
Sundry grants below £2.500
144.401
2.751
144,401
2,361
707
81,529
8.890
2.653
14,999
4,951
35,000
1390}
707
3.260
3,260
35,371
4,830
35,371
4,830
To181 grants receive
317
190.613
190,930
£ 148,022
Other Income from charitable actimties
Museum- g8n8ral entries
Museum- educational wsils
Event Income
31,807
31,807
6,967
5,587
3,873
2.427
50
6,967
5,587
£ 37,711
£ 197.580
£ 235,291
£ 154,372
Totsl
2024
Totsl
2023
Unre$tsl¢ted
Restrl¢ted
4. OTHER TRADING ACTivrriES
Museum- shop s81es
Online- shop sales
10.517
744
10,517
744
3,400
874
£11,261
£ 11.261
£4,274
16

CLEVELAND IRONSTONE MINING MUSEUM
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Total
2024
Total
2023
5. EXPENDITURE ON CHARITABLE
ACTIVITIES
Year ended 31 March 2024
Basis of
Allo¢ation
Unrestricted
Restricted
Staff costs (Note 71
Staff & volLtntear expenses
Training
Uniforms
Trust8e expenses
Accountancy fees
utilities
Insurance
offi￿ costs
Marketing & publirity
Goods for resale
A¢livily Costs
Vehicle costs
Repairs & maintenance
Cleaning 8 waste disposal
Sundry expen5e5
Bank charges
Depre¢lallon
rime spent
Direct
Dlr8cI
Diract
Dlrect
Direct
Usage
Usage
Direct
Direct
Dired
Dired
Direct
Direct
Direct
Direct
Direct
Dire¢t
5,975
1,206
13
71
176,768
3,321
3,017
80
182.743
4,527
3,030
151
164
2,152
15,556
7,622
15,134
10.760
8.494
24,772
379
12,032
2,999
1,191
1.133
7.331
104.189
648
3.466
897
778
2,469
14,307
5,529
29,467
13.645
4.044
18.223
1.027
8.007
2.306
859
299
7,330
2,152
15,556
7.622
6.764
717
8,469
1,675
379
7,425
8,370
10.043
25
23.097
4,607
1,435
107
1.084
1.133
1223
6.108
£63.192
£ 236.978
£ 300,170
£ 217,490
Total
2023
Basls of
Anocatlon
Unrestricted
Restrlcted
Year $ndod 31 Mar¢h 2023
Stsff costs (Note 71
Staff & volunteer expenses
Trainlng
Unrform5
Trustee expens&s
Accountanw fee5
Ulillles
In8ur8nce
Office C4)sls
mark6ts.ng & publicity
Goods for resale
Activity cost8
Vehide costs
Repairs & maintenanc
Cleaning & waste disposal
Sundry expenses
Bank charges
DepreLa8tion
Time spent
Direct
Direct
Direct
Dire¢t
Direct
Usage
Usage
Direct
Direct
Dlrect
Direct
Direct
Direct
Direct
Direct
Direct
Direct
26,9LKJ
641
52
197
778
2.469
14.307
5.529
9.317
77.289
104,189
648
3.466
897
778
2.469
14,307
5.529
29.467
13,645
4,044
18,223
1,027
8,007
2,306
859
299
7,330
3.414
700
20,150
13,638
13.809
1.027
7.963
2,306
859
299
1,223
4.414
6.107
£ 91,727
£ 125.763
£ 217,490
Included wSthin Accountancy fees are amounts paid to the Independent Examiner in respect of:
2024
2023
Indapendent oxarnination fa8S
Other seTwces induding statutory accounts preparatlon and consu￿ancY
1.000
1,065
950
1,465
2,065
£ 2,415
17

CLEVELAND IRONSTONE MINING MUSEUM
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
6. TRANSFERS BETWEEN FUNDS
These represent management and other 8dminlstratlon charges, and the absorption of any defiats on complated projects.
7. STAFF COSTS
2024
2023
Slaff costs wEre as follows:
Wages and salaries
Social sec4Jrity costs
Pension costs
172,444
7,644
2,655
99,664
2,612
1.913
£ 182,743
£104,189
The average number of employees during the star was 10 (2023 - 61.
No 8mployee had emoluments in excess of £60.LM).
Truste•s' r•rnuneratlon and •xp8nus
Rernuneration of £14.087 was paid lo one trustee in the year12023 ' rernuneration of £23.478 was paid to one Iru$lee In the yearl.
Mr Ken Hunler-smith was an employee ol Ihe Charfty and also a trustee.
While a Iruslee he reGeived remuneration 01 £14.087 and pension benefits of £251. This remunaralion related to his amploymenl
position al the Charity and not his Irusleeship. The remuneration is allowable undar ihe Chari(¥s constilution.
Travel and subsi$ten¢e expenstss lotslling £164 were ￿1mbUrs8d to three tnJ*ees dudng the yaar12023 . £778 relmbursed lo tru81888
durlng the yearl.
The key management personnel of the Twst comprise the truslees and the Chief ExeGudvo. The l¢)tal employee beneflls of the key
mgnag8menl personnel ol the Trust were £54,S61 {2023 .. £48,514).
. T AXATION
Cl8veland Ironstone Mining Museum Ss 8 charitable company and is exempl from r￿pOratIOn tax on Its charitable activities.
9. TANGiaLE FIXED ASSETS
Motor
Vohlclo
Property
Equlpm•nl
Total
Cost or valuation
At 1 April 2023 and
al 31 March 2024
326,143
31,235
11.994
369,372
D8pr8ci8ts'on
At 1 April 2023
Charge for year
55,259
6.523
29,226
808
11.994
96,479
7.331
al 31 March 2024
61.782
30.034
11,994
103.810
N8t book value
At 31 March 2024
£ 264.361
£ 1,201
£ 265,562
At 31 March 2023
£ 270.884
£ 2,009
£ 272,893

CLEVELAND IRONSTONE MINING MUSEUM
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
10. DEBTORS
2024
2023
Dablors
Prepayments
26,955
1,985
65,067
9,054
£ 28,940
£74,121
11. CREDITORS.. amounts falling due
within one year
2024
2023
Creditors
Other creditors
TaxaUon and S¢xlal secudty
Accruals
5,922
1,866
7.569
3,888
9,914
461
10,697
4,162
£ 19,245
£ 25,234
12. MOVEMENT IN FUNDS
Balan¢•
Balan¢e ¢11
31 March
2024
Incoming
r•sourc•s
Resources
expended
1 Aprtl 2023
Transf•rs
Restricted Funds
Building grant5
Donor- funds for rafurbishment
Education
Outreach
Collections
Room to Grow
North York Moors National Park
Tees Valley Combined Authoiity
84,765
314,485
12,58SI
(80.2471
{18.539)
1654)
(6.620)
1144.802)
(15.209)
(35.231 }
82,180
257,988
38.750
9.864
3,815
4.390
144.401
(15,0001
8.675
13,1611
230
401
35,000
19,791
140
35,371
Total Restrfcted Funds
£ 436.250
£238,591
1£ 303,8871
{£ 8,8551
£ 360,099
Unrestrict6d Funds
Deslgnated
General R8s&rves
35,922
56,671
163,1921
8,855
38,256
Total Unrostrlcted Funds
£ 35,922
£ 56.671
1£ 63,1921
£ 8,855
£ 38,256
TOTAL FUNDS
£472,172
£ 293262
{£ 367.0791
£ 398.355
R8strfctèd Funds
The balance on these funds is Specific to Ihe continuation of acttwty rglaled to the projects for ￿lch the frjnding has b8en given and lh8
details of the projets are Gontsined withln th8 Truslees repo
Buildin
ran
Various grants and donations to￿ardS building costs transferred to a building granl reserve and written t)ff over life of the building.
Donor- funds for refurbishment
Funds donated by a donor, who bwshes lo remain anonyMc￿s. Iowdrds the costs of site repairs. impmemènts, ptsp-up museum and some
cor& costs.
19

CLEVELAND IRONSTONE MINING MUSEUM
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
12. MOVEMENT IN FUNDS Icontinued)
Educath'on
Funds arising from grants to provide educab.onal reswrces for usè by the museum's education team.
Outr83
Grants received from the Holiday Activity Fund and middlesbrou￿ Football Club Foundation for (xrtreach work.
Collection
Funds arising from grants lo provide equipment and other materials lo be used for the ￿nSe[Vall0n of the museum's historical CA)Iledon.
Room lo Grow
Funds received by the museum to finance staff vKJrking on thè Room lo Grow d8vèlopm8nl pt7)jed.
Nort
York Moors N8tr"onal Park Authori
Thls grant Income Is to fund the new marketing man4er and be a eontn"bub"on towards the marketsng and adv6￿.$1ng budget.
V 11 Com
In8d A tho '
This grant income has ftjnded employment tosts.
Balance
bff
1 Aprll 2022
8Alance CIF
31 March
2023
Incomlng
rosour¢os
Resources
expended
Transfers
Reslri¢tod Funds
Building grants
Donor- funds for r6furblshmant
Educa￿Ort
Collections
R¢Jom lo Grow
North York Moors National Park
87,351
$68,322
12,5861
(288.8371
{27,3281
19,8171
(80.310)
84,765
314,485
35,000
13,970
4.951
81,529
35,(K)O
12,858
2,870
{1,2191
3.996
2,000
35.000
T¢tal Restrided Funds
£660,169
£ 170.450
1£ 408,878)
£ 14,509
£ 436.250
UnregtriGted Funds
Designaled
General ReseNes
120,293
27.943
197,805)
114,5091
35,922
Total Unr•strfctod Funds
£ 120.293
£ 27.943
1£ 97,805)
{£ 14,509)
£ 35,922
TOTAL FUNDS
£ 780.462
£ 198.393
1£ Sc￿.683}
£472,172

CLEVELAND IRONSTONE kllNING MUSEUkl
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
13. ANALYSIS OF NET ASSETS BETWEEN FUNDS
Unrestri¢tsd
Funds
R8Striclod
Funds
Total
Fund balances al 31 March 2024
are represented by..
Tangible Fixed Assets
Net Current Assets
19.886
18.370
245,676
114,423
265.562
132.793
£ 38.256
£ 360,099
£ 398,355
Unrestri¢ted
Funds
Restricted
Funds
Total
Fund balances al 31 March 2023
are represented by..
Tangible Fixed Assets
Nel Current Assets
21.109
14.813
251,784
184,466
272,893
199,279
£ 35,922
£ 436.250
£472,172
14. RELATED PARTIES
There were no related party transadons durin9 the reporting peric4J.
IS. COMPARATIVE STATEMENT OF FINANCIAL ACTlVtriES AND INCOME AND EXPENDITURE ACCOUNT
Ygar Ended 31 March 2023
Unr•strlcted
Funds
Restrlctsd
Funds
Total
Funds
Income and andowm8nts from:
Donations and legacies
Charitable ath'vits'es
Olh8r tradlng advliles
Inv8slmenls- inlerèsl received
2.065
18,922
4,274
2,682
35,000
135,450
37,065
154,372
4,274
2.682
Totsl
27,943
170,450
198.393
Expendlture on:
Charitable actiwlies
Property costs
91.727
6.078
125,763
283,115
217,490
289,193
Totsl
97,805
408,878
506,683
Nat expendlture
169.8621
1238,4281
{308,290)
Transfers between funds
114.5091
14.509
Net movement In funds for the year
184.371)
1223,9191
1308,290)
Totsl funds brought forward
120,293
660,169
780,462
Totsl funds carrfed forward
£ 35.922
£ 436,250
£472,172
21