2023-03-31-accounts - The Roald Dahl Museum And Story Centre

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			Page
Reference and Administrative		Details ofthe Charity, its Trustees and presidents	1-2
Trustees: and Advisers
Trustees' Report			3-13
Independent Auditor's	Report	on the Financial Statements	14-17
Consolidated Statement of Financial Activities			18
Consolidated Balance	Sheet		19-20
Charity Balance Sheet			21 - 22
Consolidated Statement ofCash Flows			23
Notes to the Financial	Statements		24-43

			THE	ROALD DAHL MUSEUM AND STORY CENTRE
				(A Company Limited by Guarantee)
				TRUSTEES' REPORT (CONTINUED)
				FOR THE YEAR ENDED 31 MARCH 2023
Aim 1:			a)	Designing and delivering major capital regeneration of
Show how the creativily of				the Museum site to showcase Dahl's creative process
Roald Dahl can be	a key to			and the creativity ofour audiences (the Unlocking Stories
unlock the stodies	we ag have			Project).
inside
				Designing and improving our Museum site with playful,
				social, and inclusive experiences that seek to do the
				most, for the most people (before, during, and atter USP).
				Using the Museum's collection and location to show
				through ag our work how creativity can be an everyday
				pradice that also supports wegbeing (Notice, Connect,
				BeActive, Keep Learning, Give).
Aim 2:				Designing and delivering social, playful, intergenerational
Spark shared storymaking		to		experiences in our public offer activity at the Museum,
reach awider range of				that seek to do the most, for the most people.
audiences
				Designing and delivering targeted participation projects
				forschools in areas oflimited cultural opportunity that
				indude the wider school community (local area and
				students' families).
				Understanding and tackling the barriers to being a more
				'yIDE Museum by working with experts who reflect
				protected characteristics in our audience.
				Building our own reputation as a WIDE Museum through
				cultivating partnerships and sharing our own story within
				and beyond our sector.
			e)	Using digital to reach more people within and beyond the
				Museum site.
Aim 3:				Developing a robust public position acknowledging and
Increase our own	resilience			construrdively responding to Roald Dahl's antisemitism.
and sustainability	to better
serve our public			b)	Ensuring that we have reduced our contribution to dimate
				change and mitigated the environmental risks facing our
				Museum (flood, energy use).
				Supporting the personal wegbeing ofour staff alongside
				their ongoing professional development.
				Planning and investing for the long term, making the most
				ofthe opportunity from Fantastic Peach Foundation
				funding.

			Unrestricted	Restricted	Endowment	Total	Total
			funds	funds	funds	funds	funds
			2023	2023	2023	2023	2022
		Note	K	6	6	K	6
Income and
endowments	from:
Donations and	legacies		655,178	1,050		556,228	1,129,868
Charitable activities			298,308			299,308	206,193
Other trading activities			138,448			138,448	162,374
Investments,			6,962			6,962	2,677
Otherincome			1,919			1,919	5,605
Total income	and
endowments			1,001,815	1,050		1,002,865	1,506,917
Expenditure on:
Raising funds			185,614			185,614	206,923
Charitable activities			1,054,522	3,084		1,067,606	865,771
Total expenditure			1,240,136	3,084		1,243,220	1,072,694
Net
(expenditure)/income before taxation			(238,321)	(2,034)		(240,355)	434,223
Taxation							66
Net movement	in
funds			(238,321)	(2,034)		(240,355)	434,289
Reconciliation	of
funds:
Total funds brought forward			4,070,038	10,701	1,000,000	5,080,739	4,646,450
Net movement	in funds		(238,321)	(2,034)		(240,355)	434,289
Total funds carried
forward			3,831,717	8,667	1,000,000	4,840,384	5,080,739

					2023	2022
				Note	8	2
Cash flows from operating	activities
Net cash used in operating	activities			21	(79,787)	601,301
Cash flows from investing	activities
Interest from investments					6,952	2,877
Purchase oftangible fixed assets					(20,992)	(11,952)
Net cash used in investing	activities				(14,030)	(9,075)
Change in cash and cash	equivalents	in	the year		(83,817)	592,226
Cash and cash equivalents	at the beginning		ofthe year		1,171,673	579,447
Cash and cash equivalents	at the end of		the year	22	1,077,856	1,171,673
The notes on pages 24 to43 form part ofthese financial statements

	Unrestricted	Restricted	Total	Total
	funds	funds	funds	funds
	2023	2023	2023	2022
	8	E	E	6
Donations	550.098		550,098	1,043,989
Grants	5,080	1,050	6,130	85,879
	555,178	1,050	556,228	1,129,868
Total2022	1,108,141	21,727	1,129,868

		Unrestricted	Total	Total
		funds	funds	funds
		2023	2023	2022
		6	5	6
Museum	admissions	289,185	289,185	198,388
Education	- courses and events	10,123	10,123	7,805
		299,308	299,308	206,193
Total202	2	206,193	206,193

		Unrestricted	Total	Total
		funds	funds	funds
		2023	2023	2022
			K	6
Shop and cafe	income	138,326	138,326	161,504
Sundry trading	income	122	122	870
		138,448	138,448	162,374
Total2022		162,374	162,374

	Unrestricted	Total	Total
	funds	funds	funds
	2023	2023	2022
	6	6	5
Interest receivable	6,962	6,962	2,877
Total 2022	2,877	2,877

					Total	Total
		Staff costs	Depreciation	Other costs	funds	funds
		2023	2023	2023	2023	2022
		6	6		6	5
Costs of raising funds
Shop and Cafe costs		63,437	233	121,944	185,614	206,857
		63,437	233	121,944	185,614	206,857
Charitable	activities
Museum		472,705	112,348	362,187	947,240	684,663
Education		31,236		4,179	35,415	125,355
Archive		33,766		8,223	41,969	38,876
		537,707	112,348	374,589	1,024,644	848,894
Expenditure	on governance			32,982	32,962	16,877
		601,144	112,581	529,495	1,243,220	1,072,628
Total2022		508,505	140,391	423,732	1,072,628

		Total	Total
	Museum	funds	funds
	2023	2023	2022
	6	6	6
Premises costs	31,681	31,681	40,170
Total 2022	40,170	40,170

			Unrestricted	Total	Total
			funds	funds	funds
			2023	2023	2022
			E	E	E
Auditors'	remuneration		12,600	12,800	8,900
Legal and professional		fees	11,945	11,845	4,433
Trustees'	expenses		8,417	8,417	3,544
			32,962	32,882	16,877
Total 2022			16,877	16,877
Net income/(expenditure)
This is stated after charging.
				2023	2022
				E	E
Depreciation oftangible fixed assets:
-owned	by charitable	group		112,580	140,391
Auditors'	remuneration	- audit		12,500	8,100
Auditors'	remuneration	-other services		1,400	2,310
				128,580	150,801

	Group	Group	Charity	Charity
	2023	2022	2023	2022
	K	E	E	6
Wages and salaries	526,256	447,794	462,819	377,087
Social security costs	45,868	35,647	45,868	35,647
Pension costs	29,020	25,064	29,020	25,064
	601,144	508,505	637,707	437,798

				Group	Group
				2023	2022
				No.	No.
Activities	generating	funds	- shop		3
Activities	generating	funds	- cafe		4
Charitable	activities			28	22
				32	29

Group	Group
2023	2022
No.	No.

	Freehold		Software,
	interestin		furniture,
	land 8	Premises	fixtures,
	buildings E	fittings 5	equipment 6	Galleries E	Total 6
Cost or valuation
At 1 April 2022	3,531,319	318,884	285,645	1,218,922	5,354,770
Additions	7,967	5,028	7,124	873	20,992
Disposals			(14,600)		(14,600)
At 31 March 2023	3,539,286	323,912	278,169	1,219,795	5,361,162
Depreciation
At 1 April 2022	430,307	164,674	251,068	958,233	1,804,282
Charge for the year	25,564	26,322	21,767	38,927	112,580
On disposals			(14,600)		(14,600)
At 31 March 2023	455,871	190,886	258,235	997,160	1,902,262
Net book value
At 31 March 2023	3,083,415	132,916	19,934	222,635	3,458,900
At 31 March 2022	3,101,012	154,210	34,577	260,689	3,550,488

	Freehold		Software,
	interest in		furniture,
	land &	Premises	fixtures,
	buildings E	fittings	equipment E	Galleries 8	Total E
Cost or valuation
At 1 April 2022	3,531,319	318,884	259,067	1,218,922	5,328,182
Additions	7,$67	5,028	7,124	873	20,982
Disposals			(14,600)		(14,600)
At 31 March 2023	3,539,288	323,912	251,591	1,219,796	5,334,584
Depreciation
At 1 April 2022	430,307	164,674	225,113	958,233	1,778,327
Charge for the year	25,564	26,322	21,533	38,927	112,346
On disposals			(14,600)		(14,600)
At 31 March 2023	455,871	190,996	232,046	$97,160	1,876,073
Net book value
At 31 March 2023	3,083,415	132,916	19,545	222,635	3,458,511
At 31 March 2022	3,101,012	154,210	33,954	260,689	3,549,865

Group	Group
2023	2022
5	5
75,392	69,742

			Group	Group	Charity	Charity
			2023	2022	2023	2022
				5	6
Amounts	owed by group undertakings				293,121	243,203
Other debtors			32,939	18,580	32,501	18,491
Prepayments		and accrued income	24,658	16,830	24,532	14,853
			57,597	35,410	350,214	276,547

							Group	Group	Charity	Charity
							2023	2022	2023	2022
							6	6	6	2
Trade creditors							66,168	14,475	65,131	11,949
Other taxation		and		social security			2,198	1,451
Other creditors							594	395
Accruals	and deferred				income		60,401	30,253	59,637	29,285
							129,361	46,574	124,768	41,234
							Group	Group	Charity	Charity
							2023	2022	2023	2022
							6	6	6	6
Deferred	income at			1 April 2022			4,551	2,509	4,551	2,509
Resources deferred				during the year			9,828	4,551	8,828	4,551
Amounts	released		from previous			periods	(4,551)	(2,509)	(4,551)	(2,509)
							9,828	4,551	6,828	4,551

Statement offunds	-	current	year
								Balance at
			Balance at 1				Transfers	31 March
			April 2022	Income		Expenditure	in/out	2023
			8	5		5	5	5
Unrestricted funds
Designated funds
Gallery fund			170,150	9,000				179,150
					'
Learning development		fund	40,275	23		(11,236)		29,062
Major repairs fund			104,687					,104,687
Fixed asset reserve			2,851,878			(112,581)		2,739,297
			3,166,990	9,023		(123,817)		3,052,196
General funds
General fund			903,048	992,792		(1,116,319)		779,521
Total Unrestricted	funds		4,070,038	1,001,815		(1,240,136)		3,831,717
Endowment funds
Endowment Funds	- all	funds	1,000,000					1,000,000
Restricted funds
Culture Recovery Fund
Amends Conquy Travel
Bursary for Schools			10,701			(2,137)		8,584
Art Fund
Learning Public Programme				1,050		(947)		103
			10,701	1,050		(3,084)		8,667
Total offunds			5,080,739	1,002,865		(1,243,220)		4,840,384

							Balance at
			Balance at			Transfers	31 March
			1 April 2021 E	Income K	Expenditure F	in/out 6	2022 E
Unrestricted funds
Designated funds
Gallery fund			92,450	90,000	(12,300)		170,150
Learning development		fund	2,975	50,000	(12,700)		40,275
Major repairs fund			104,687				104,687
Fixed asset reserve			2,979,802		(139,876)	11,952	2,851,878
			3,179,914	140,000	(164,876)	11,952	3,166,990
General funds
General fund			421,385	1,345,190	(851,575)	(11,952)	903,048
Total Unrestricted	funds		3,601,299	1,485,190	(1,016,451)		4,070,038
Endowment funds
Endowment Funds	- all	funds	1,000,000				1,000,000
Restricted funds
Culture Recovery Fund				15,727	(15,727)
Amanda Conquy Travel Bursary for Schools			9,151	2,000	(450)		10,701
Art Fund			36,000	4,000	(40,000)
Learning Public Programme
			45,151	21,727	(56,177)		10,701
Total offunds			4,646,450	1,506,917	(1,072,628)		5,080,739

Summary	offunds - current ye	ar
					Balance at
		Balance at 1			31 March
		April 2022 E	Income 6	Expenditure K	2023 6
Designated	funds	3,166,990	9,023	(123,817)	3,052,196
General funds		903,048	992,792	(1,116,319)	779,521
Endowment	funds	1,000,000			1,000,000
Restricted	funds	10,701	1,050	(3,084)	8,667
		5,080,739	1,002,865	(1,243,220)	4,840,384

Summary	offunds - prio	r year
						Balance at
		Balance at			Transfers	31 March
		1 April 2021	Income F	Expenditure 6	in/out 5	2022 . E
Designated	funds	3,179,914	140,000	(164,876)	11,952	3,166,990
General funds		421,385	1,345,190	(851,575)	(11,952)	903,048
Endowment	funds	1,000,000				1,000,000
Restricted	funds	45,151	21,727	(56,177)		10,701
		4,646,450	1,506,917	(1,072,628)		5,080,739

Analysis Analysis	ofnet assets between funds ofnet assets between funds	-current year
		Unrestricted	Restricted	Endowment	Total
		funds	funds	funds	funds
		2023	2023	2023	2023
		6	6	6	6
Tangible	fixed assets	2,758,900		700,000	3,458,900
Heritage	assets			300,000	300,000
Current	assets	1,202, 178	8,667		1,210,845
Creditors	due within one year	(129,361)			(129,361)
Total		3,831,717	8,667	1,000,000	4,840,384

Analysis	ofnet assets between fund	s - prior year
		Unrestricted	Restricted	Endowrhent	Total
		funds	funds	funds	funds
		2022	2022	2022	2022
		8	E		8
Tangible	fixed assets '	2,850,488		700,000	3,550,488
Heritage	assets			300,000	300,000
Current	assets	1,266,124	10,701		1,276,825
Creditors	due within one year	(46,574)			(46,574)
Total		4,070,038	10,701	1,000,000	5,080,739

											Group	Group
											2023 E	2022f
Net income/expenditure			for	the	year	(as		per	Statement	of Financial
Activities)											(240,355)	434,289
Adjustments for:
Depreciation charges											112,580	140,391
Interests from investments											(6I962)	(2,877)
Decrease/(increase)		in stocks									(5,650)	25,139
Decrease/(increase)		in debtors									(22,187)	601
Increase in creditors											82,787	3,758
Net cash provided	by/(used			in) operating			activities				(79,787)	601,301
Analysis ofcash and cash equivalents
											Group	Group
											2023	2022
											6	F
Cash in hand											1,077,856	1,171,673
Total cash and cash		equivalents									1,077,856	1,171,673

Names				Company	Holding		Included	in
				number			consolidation
The Roald Dahl Centre (Trading)		Limited		4854808	100'I		Yes
The financial	results ofthe subsidiaries		for the year were:
Names			Income	Expenditure	Profit/(Loss)		Net	assets
			E	8	for the	year		8
						K
The Roald	Dahl Centre (Trading)		138,326	(186,838)	(47,812)		(208,331)
Limited