2023-03-31-accounts

						2023	2022
			Unrestricted	Restricted	Endowment	Total Funds	Total Funds
			Funds	Funds	Funds
		Note
		s	6	5	5
Income from:
Donations and legacies Charitable activities Investments Trading activities Endowment income		3 4 5 6 7	467,100 555,811 399 1,379,607	370,742	98,267	637,842 555,811 399 1,379,607 98,267	1,941,921 367,018 13 1,094,669
Total Income			2,402,917	370,742	98,267	2,871,926	3,403,621
Expenditure on:
Raising funds
Museum activities Venue, gift shop &caf4			356,686 1,013,593			356,686 1,013,593	395,445 841,848
Charitable activities
- Operating expenses		8	1,177,902	296,219		1,474,121	1,138,610
- Depreciation	provisions	8,12	17,902	236,170	11,883	265,955	282,716
Total expenditure			2,566,083	532,389	11,883	3,110,355	2,658,619
Net surplus/(deficit)	and movement	in funds	(163,166)	(161,647)	86,384	(238,429)	745,002
Reconciliation offunds:
Total funds brought	forward		585,979	4,890,448	138,550	5,614,977	4,869,975
Total funds carried	forward		422,813	4,728,801	224,934	5,376,548	5,614,977

						2023	2022
			Unrestricted	Restricted	Endowment	Total Funds	Total Funds
			Funds	Funds	Funds
Income from:
Donations and legacies Charitable activities			467,100 555,811	370,742		837,842 555,811	2,109,094 367,018
Investments			264			264	10
Endowments					98,267	98,267
Total Income			1. .	.	7	1, .1 ~	. .112
Expenditure on:
Raising funds			356,686			356,686	395,445
Charitable activities
- Operating expenses			1,177,902	296,219		1,474,121	1.113,577
- Depreciation provisions			15,022	236,170	11,883	263,075	282,716
Total expenditure			1,549,610	532,389	11,883	2,093,882	1,791,738
Met surplus/(deficit)	and movement	in funds	(526,435)	(161,647)	86,384	(601,698)	684,384
Reconciliation offunds:
Total funds brought	forward		580,036	4,890,448	138,550	5,609,034	4,924,650
Total funds carried	forward		53,601	4,728,801	224,934	5,007,336	5,609,034

				The	Grou	The	Chari
				2023	2022	2023	2022
			Notes	6
Fixed assets
Tangible fixed assets Investments			14,15 16,17	6,394,571	6,653,072	6,391,154 2	6,648,007 2
				6,394,571	6,653,072	6,391,156	6,648,009
Current assets
Stocks Debtors Cash at bank and	In hand		18 19	55,914 90,459 298,254	71,647 201,588 255,653	68,575 240,178	192,455 184,098
Creditors: faglng due within one year Net current assets/(liabgities)			20	444,627 ~3,06 ~6,43	528 888 ~629 ~22902	308 753 ~2.9 ,~64,2	376 553 ~06. ~29,
Total assets less current		liabilities		6,096,138	6,423,993	5,726,926	6,418,050
Creditors: falling	due atter one year		22	(719,590)	(809,016)	(719,590)	(809,016)
Net assets				5,376,548	5,614,977	5,007,336	5,609,034
The funds ofthe	charity
General funds Designated funds			28,29	(1,353,905) 1 776,718	(1,199,539) I 785,518	(1,723,117) 1 776,718	(1,205,482) 1 785,518
Total unrestricted	funds			422,813	585,979	53,601	580,036
Restricted funds			30,31	4,728,801	4,890,448	4,728,801	4,890,448
Endowment funds: Fixed assets Endowment funds: Appeals Total endowment funds				126,667 98,267 224,934	138,650 138,550	126,687 98,267 224,934	138,550 138,550
Total charity funds			24, 25, 26, 27	5,376,548	5,614,977	5,007,336	5,609,034

					Notes	2023	2022
Cash flows from operating activities:						E	E
	Net cash provided by/(used in) operating activities					170,956	1,410,436
Cash flows from investing activities:
	Dividends, interest and rents from investments Purchase ofproperty, plant and equipment					399 (7,454)	13 (1,611,279)
Net	cash provided by/(used in) investing activities
Cash flows from financing activities:
	Net repayments of borrowing Net inilows from borrowing					(121,300)	23,334
Net	cash provided by/(used in) gnancing activities						34
Change in cash and cash equivalents in the		reporting	period			42,601	(177,496)
Cash and cash equivalents at the beginning Cash and cash equivalents at the end ofthe		ofthe reporting reporting period		period		255,653 298,254	433,149 255,653
Notes to the Cash Flow Statement						2023	2022
						E	E
1)	Reconciliation of net income/(expenditure)	to net	cash flow from
	operatinp activities
	Net income/(expenditure) for the reporting	period (as per the statement			of
	financial activities)					(238,429)	745,002
	Adjustments for:
	Depreciation charges Dividends, interest and rents from investments (Increase)/decrease In stock and work in progress (Increase)/decrease in debtors Increase/(decrease) in creditors					265,955 (399) 15,733 111,129 16,967	285,685 (13) (47,314) (101,334) 528,410
	Net cash provided by/(used in) operating	activities				170,956	1,410,436
						2023	2022
2)	Analysis ofcash and cash equivalents					E	E
	Fundsin hand					298,254	255,653
	Total cash and cash equivalents					2 54	255,653

3	Donations and legacies	Donations and legacies			Unrestricted	Restricted	2023 Total	Unrestricted	Restricted	2022 Total
					E	E	E	E	E	E
	Donations Donations in kind: land 8 property Friends &patrons subscriptions Legacies Grants 8 trust income CJRS grant Corporate &sponsorship income				173,049 72,571 216,480 5000	370,742	173,049 72,571 216,480 370,742 5000	278,062 1,250,000 59,237 154,000 15,000	3,000 177,944 4,678	278,062 1,250,000 59,237 3,000 331,944 4,678 15000
					467,100	370,742	837,842	1,756,299	185,622	1,941,921
4	Charitable activities				Unrestrictedf	Restricted E	2023 Total E	Unrestricted E	Restrictedf	2022 Total E
	Education Public programmes Admissions Other				112,770 102,500 293,316 47225		112,770 102,500 293,316 47,225	1,947 119,116 187,600 55,334	1,928 1,013 80	3,875 120,129 187,600 55,414
					555,811		555,811	363,997	3,021	367,018
							2023			2023
5	Investments				Unrestricted E	Restricted E	Total E	Unrestricted f	Restricted E	Total f
	Bank &other interest				399		399	13		13
					399		399	13		13
0	Trading activities Tradescant Tradln	Com	an	Limit	Unrestricted E	Rsstdctsdf	2033 Total E	Unrestrictedf	Restricted E	2022 Total E
	Gift shop sales Venue hire fees Cafe sales CJRSgrant				163,638 343,291 872,678 1,379,607		163,638 343,291 872,678 1,379,607	148,847 276,409 666,588 2,825 1,094,669		148,847 276,409 666,588 2,825 1,094,669

7	Endowment income Endowment Appeal								2023 Total E 98,267 98k,	2022 Totalf
	During the year the Museum for the Museum which would	launched an Endowment appeal which would be invested to generate interest Iinvestment income go towards funding its core operating costs. The capital sum is ring-fenced for this purpose.
8	Expenditure on:						Raising funds E	Charitable activitiesf	2023Total E	2022 Totalf
	Staff costs Other direct costs Supportcosts						697,017 550,181 125961	634,788 566,124 524,402	1,331,805 1,116,305 650363	1,116,317 965,824 564 595
							1,373,159	1,725,314	3,098,473	2,646,736
9	Analysis ofsupport costs						Raising funds E	Charitable activities E	2023Total E	2022 Totalf
	Premises Operating Finance and IT						48,888 58,974 18099	203,629 245,387 75,386	252,517 304,361 93485	196,700 245,885 122010
							125,961	524,402	650,363	564,595
10	Charitable activities					Staffcostsf	tuner olnlcr costsf	Supportf	2023Totalf	2022 Total E
	Museum, garden and public opening Events, lectures and seminars Education					514,978 50,537 69273	485,413 67,485 13,226	425,377 41,770 57255	1,425,768 159,792 139,754	1,100,059 189,988 119398
						634,788	566,124	524,402	1,725,314	1,409,445
11	Charitable activity support costs					Premisesf	Operatingf	Finance and rr E	2023Total E	2022 Totalf
	Museum, garden and public opening Events, lectures and seminars Education					165,195 16,212 22,222	199,025 19,556 26,806	61,157 6,002 8,227	425,377 41,770 57,255	309,377 71,021 53,333
						203,629	245,387	75,386	524,402	433,731
12	Endowment expenses ~D The Ernest Cook Trust Education Fund Gallery Project Gallery projects donations The Weston Foundation								2023 Totalf 277 255 9,650 468 1.233	2022 Totalf 277 255 9,650 468 1,233
									11,883	11,883

13	Staff costs							Group 2023	2022	Charity 2023 2022	Charity 2023 2022
	Staff salaries Staff social security Staff pensions							E 1,159,870 101,138 70,796	E 963,976 84,906 67,435	E 662,225 62,871 62,092	E 567,424 49,481 59,263
								1,331,804	1,116,317	787,188	676,168
	Employees paid in excess ofE60,000				during ihe current year and
	previous year.									1	1
	Average number ofemployees			during	the year was:			46	44	25	23
	The charity considers its key (including employer pension		management personnel contributions) ofthe key			lo be the trustees and the executive director. The lotal employment benefits management personnel were E102,019(2022:E94,569). Furniture
14	Tangible fixed assets: Group				Courtyard		Other Land 8		&	OISce
	Cost				Building E	Gallery E		buildings	fixtures E	aqulpmant E	Total F
	As at 1 April 2022 Additions				6,007,608	489,761		1,623,305	331,647 3,467	54,954 3,987	8,507,275 7,454
	As at 31 March 2023				6,007,608	489,761		1,623,305	335,114	58,941	8,514,729
	Depreciation
	As at 1 April 2022 Charge for the year				1,194,196 240,304	292,550 16,914		10,209 151	305,668 6,641	51,580 1,945	1,854,203 265,955
	As at 31 March 2023 April				1,434,500	309,464		10,360	312,309	53,525	2,120,158
	Net book value
	As at 31 March 2023				4,573,108	180,297		1,612,945	22,805	5,416	6,394,571
	As at 31 March 2022				4,813,412	197,211		1,613,096	25,979	3,374	6,653,072
15	Tangible fixed assets: Charity				Courtyard		Other Land &		Funlture &	Office
	Cost				Building E	Gallery E		buildings E	fixtures E	equlpmant E	Total E
	As at 1 202 Additions				6,007,608	489,761		1,623,305	327,447 2,844	50,489 3,378	8,498,610 6,222
	As at 31 March 2023				6,007,608	489,761		1,623,305	330,291	53,867	8,504,832
	Depreciation
	As at 1 April 2022 Charge for the year				1,194,196 240,304	292,550 16,914		10,209 151	303,187 4,556	50,461 1,150	1,850,603 263,075
	As at 31 March 2023				1,434,500	309,464		10,360	307,743	51,611	2,113,678
	Net book value
	As at 31 March 2023				4,573,108	180,297		1,612,945	22,548	2,256	6,391,154
	As at 31 March 2022				4,813,412	197,211		1,613,096	24,260	28	6,648,007
	Fundwise allocation	ofthe NBV ofcharity assets at 31 March 2023
	Designated Endowment Restricted				102,115 4,470,993	36,854 126,667 16,776		1,612,945	22,548	2,256	1,776,718 126,667 4,487,769
	Total				4,573,108	180,297		1,612,945	22,548	2,256	6,391,154

20	Creditors: amounts falling due within one year	Group 2023	2022 Charity 2023	2022
		E	E E	E
	Operating creditors Sundry creditors	242,670 11,650	275,993 9,475 159,342	218,553
	Amount due to subsidiary		449,270	432
	VAT liability PATE Pension fund Accued expenses Deferred income Pnvate loan CAF bank loan Barclays Bounce Back loan Dawnay Holdings loan	43,050 31,739 89,139 25,611 203,572 33,000 36,728 10,000 15,901	24,251 24,566 9,307 52,018 234,857 33,000 35,745 10,000 48,755 43,050 31,739 89,139 16,441 88,373 33,000 36,728 10,000 15,901	24,251 24,566 9,307 49,019 152,884 33,000 35,745 10,000 48,755
		743,060	757,967 972,983	606,512
	During 2021/22 the Trustees became aware ofa potential under-payment in employer's contributions in respect ofthe Director and a provision ofE35,000was made in the accounts as an accrued expense. Any under-payment could incur an ancillary claim against the Museum for loss resulffng from the failure to make payments as and when they fell due. The exact liability is under review and is yet to be determined but a further E35,000has been accrued in 2022/23 taking the total pension provision to E70,000.Pending the outcome ofthe review the Trustees have agreed to make additional paymenls ofE2,000 per month into the Directors nsion from Ma 2023 to March 2026 in res ectofthe contractual shorffa8 and an cense uential loss.

21	Deferred Income reconclffatlon	Deferred Income reconclffatlon			Group 2023	2022	Charity 2023	2022
	Balance as at 1 April 2022 Amount released to income earned Amount deferred in year Balance as at 31 March 2023		from charitable	acffvities	E 234,857 (234,857) 203,572 203,572	E 162,364 (162,364) 234,857 234,857	E 152,884 (152,884) 88,373 88,373	E 78,767 (78,767) 152884 152,884
22	Creditors: amounts falling	due after one year			Group 2023	2022	Charity 2023	2022
					E	E	E	E
	Private loan CAF bank loan Barclays Bounce Back loan Deferred purchase payment Dawnay Holdings loan				30,000 312,090 27,500 350,000	48,000 344,850 37,500 350,000 28,666	30,000 312,090 27,500 350,000	48,000 344,850 37,500 350,000 28,666
					719,590	809,016	719,590	809,016
23	Maturity ofloans				Group 2023	2022	Charity 2023	2022
					E	E	E	E
	Amount falling due:
	In one year or less Between one and two years Between two and five years In five years or more				95,629 65,864 510,265 153,461	127,500 93,517 525,033 190,466	95,629 65,864 510,265 153,461	127,500 93,517 525,033 190466
					825,219	936,516	825,219	936,516
	The CAF loan is repayable d I I I ta	by September 2031 and		is charged at2.95%above base rate. The loan is secured by a charge on the

The funds ofthe Group -current year	The funds ofthe Group -current year	Opening balance	Resources arising	Resources utgised	Other movemsnts	Closing balance
d~Rd0dd
Endowment funds: fixed assets Endowment funds: appeals Restricted funds Total restricte funds l~nreslri t i~fund		138,550 4,890,448 5,028998	98,267 370,742 469,009	(11,883) ~50, 89 ~272		126,667 98,267 4,730801 4,955,735
Designated funds General funds Total unrestricted	funds	1,785,518 ~98 585,979	6,222 2,396,695 2,402,917	(15,021) ~55(, ~2, , 83		1,776,718 422.813
		5,614,977	2,871,926	~(2' . 55		5,378,548
		Opening	Resources	Resources	Other	Closing
The funds ofthe Group -prior year		balance	arising	utglsed	movements	balance
~RD f
Endowment funds Restricted funds Total restncled ~ll d0f0 dd	funds	150,433 5,223 087 5,373520	188,643 188,643	(11,883) ~52, 82		138,550 4,890448 5,028,998
Designated funds General funds Total unrestri cled	funds	197,444 ~(2996 503,546	1,608,407 1,606,571 3,214,978	(20,333) ~08(20		1,785,518 ~99,53 585,979
		4,869,974	3,403,621	~(2,658. 1		5,614,977
		Opening	Resources	Resources	Other	Closing
The funds ofthe charity -current year		balance	arising	utgised	movements	balance
9~DR
Endowment funds: fixed assets Endowment funds: appeals Resbtcted funds Total restncted funds ~(R ' df		138,550 4,890,448 5,028998	98,267 370,742 469,009	(11,883) ~369		126,667 98,267 4,730,801 4 955,735
Designated funds General funds Total unrestricte	funds	1,785,518 ~205.4 580,036	6,222 1,016,954 1,023,175	(15,021) 0		1,776,718 ~22 53,601
		5,609,034	1,492,184	(2,091,883)		5,009,336
		Opening	Resources	Resources	Other	Closing
The funds ofthe charity -prior year		balance	arising	utgised	movements	balance
Restricted funds
Endowment funds: fixed assets Endowment funds: appeals Restricted funds Total restricted funds Unrestricted funds		150,433 5,223,087 5,373,520	188,643 188,643	(11,883) ~282 ~532' '		138,550 4,890,448 5,028,998
Designated funds General funds Total unrestricte	funds	197,444 ~64 . 14 ~448,876	1,608,407 679,073 2 287,480	(20,333) ~(.23 .24 ~(.25857		1,785,518 ~(,20 .4 1 580,037
		4,924,650	2,476,123	(1,791,738)		5,609,035

28	Designated funds: Fixed assets fund	Group & Charity	-current year	Opening balance E 1 785518	Resources arising E 6, 2	Resources utglsod E ~21	Resources utglsod E ~21	Transfers & adjustments E	Closing balance E 1 776,718
				1,785,518	6,222		(15,021)		1,776,718
29	Designated funds: Group 8 Charity		-prior year	Opening balance	Resources arising		Resources utgised	Transfers 8 adjustments	Closing balance
	Fixed assets fund			E 197444 197,444	E ,666,4 1,608,407	E ~333 (20,333)		E	E 1,785,518 1,785,518
	Fixed assets fund		Funds expended	on fixed asset purchases.		The balance ofthe		fund represents	the net
			book value offixed assets not		funded by restricted		funds or loans. The movement		on the
			fund represents	the affect ofaddigons, disposals			and depreciation charges.
30	Restricted funds: Group &Charity -current year			Opening balance f	Incoming resources E		Resources expended f	Transfers & adjustments E	Closing balance f
	Archives Benton End Crescent Trust Development Education Exhibitions Lambeth Green Building, Infrastructure	and Gardens		22,671 10,000 4,723,939 58,112 36,365 39,357	65,000 154,002 67,722 17,000 8,500 58,518		43,288 76,160 236,170 79,051 2,000 51,115 44,605		44,383 77,842 10,000 4,487,769 46,783 15,000 (6,250) 53,270
				4,890,448	370,742		532,389		4,728,801
31	Restricted funds: Group 8 Charity -prior year			Opening balance	Incoming resources		Resources expended	Transfers 4, adjustments	Closing balance
	Collections Archives Benton End Canbbean Heritage Crescent Trust Development Education Furlough Lambeth Green Building, Infrastructure	and Gardens		E 1,432 70,434 15,214 22,957 4,974,439 5,950 65,451 67205	E 450 13,567 29,509 25,511 10,000 87,428 4,678 3,000 14,500		E 1,882 61,330 44,723 48,469 250,500 35,266 4,678 32,086 42 348	E E 22,671 10,000 4,723,939 58,112 36,365 39357
				5,223,087	188,643		521,282	4,890,448

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Net assets attributable	to funds: Group -current year	Unrestricted fundsf	Restricted fundsf	Endowment fundsf	Total f
Tangible fixed assets Investments		1,780,135	4,487,769	126,667	6,394,571
Current assets Current liabiliUes Long term liabilities		105,328 (743,060) ~7D	241,032	98,267	444,627 (743,060) ,59D
Net assets represented	by funds	422,813	4,728,801	224,934	5,376,548
Net assets attributable	to funds: Charity -current year	Unrestricted funds	Restricted fundsf	Endowment fundsf	Total
Tangible Uxed assets Investments		1,7 76,718 2	4487 769	126667	6,391,154 2
Current assets Current liabilities Long term liabilities Net assets represented	by funds	( (9 7 30,546) 72,983) ~19 ~ 53,601	241,032 4,728,801	98,267 224,934	308,753 (972,983) ~7590 5,007,336

34	Net assets attributable	to funds: Group - prior year	Unrestricted funds	Restricted funds	Endowment funds	Total
			E	E	E	E
	Tangible fixed assets		1,790,583	4,723,939	138,550	6,653,072
	Investments
	Current assets Current liabilities Long term liabilities Net assets represented	by funds	362,375 (722,963) ~6 620,979	166,509 4,890,448	138,550	528,884 (722,963) ~909. 5,649,977
35	Net assets attributable	to funds: Charity - prior year	Unrestricted funds	Restricted funds	Endowment funds	Total
			E	E	E	f
	Tangible fixed assets		1,785,518	4,723,939	138,550	6,648,007
	Investments		2			2
	Current assets		210,040	166,509		376,549
	Current liabilities Long term liabilities Net assets represented	by funds	(571,508) ~016 615,036	4,890,448	138,550	(571,508) ~809, 5,644,034