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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|
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||||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.|
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||||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|
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||||||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|||||||
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||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||
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|||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||
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||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||
##
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||||||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||
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||||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|
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||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.|
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||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|
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||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|
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|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|
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||||||||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|
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|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|
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||||||||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|
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|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|
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|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|
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|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|
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||||||||||||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|
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|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|||||||||