2020-12-31-accounts - Museum Of Brands

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			2020	2020	2020	2020	2019
		Note	Unrestricted f	Restncted f	Endowment f	Totalf	Totalf
income from:
Grants and donations
Charitable activities
Trading activities
Investment income
Total income
Expenditure on:
Raising funds			34,547
Trading costs			42,561
Charitable activities			376,167	253,026	100
Total expenditure
Net income I (expenditure)	before
corporation tax
Corporation tax Net income / (expenditure) year	forthe	15,811 s~~~mma					Maats
Transfers between funds
Net income I(expenditure) 9\d9i	before dl
Other gains I(losses)
Net movement in funds
Reconciliation offunds: Total funds brought forward							WI~
Total funds carried forward

			Group	Group	Charity	Charity
		Note	2020 8	2019 8	2020	2019f
Fixed assets:
Intangible assets		11	8,000	16,000	8,000	16,000
Tangible assets		11	339,922	374,780	339,922	374,780
Heritage assets		11		100		100
Investments		12			100	100
Current assets:
Stock		13	34,114	28.871	22,662	17,846
Debtors		14	134,203	148,247	134,523	127.759
Cash at bank and	in hand		231,575 192,013 230,978 190,570 ~fS~IIII~IIMI~
tJabilities: Creditors: amounts falling due within one year Net current assets I(liabilities)		15	~~@~II ~IIIN~~~il			~9e@a'
Uabilities: Creditors: amounts	falling due more than one year	16	~IN	~~II%8~~~
Total net assets I(liabilities)			~~~11M~~			~It)Itic
Funds		17
Endowment funds			0	100	0	100
Restricted funds			36,514	80,828	36,514	80,828
Unrestricted funds:
Designated funds General funds Total unresiiricted funds Total funds			8,000 16.000 8,000 16,000 mtmk~~~w ~NI~&MM~~~g)

		2019	2019	2019	2019
		Unrestricted	Restricted	Endowment	Total
		fundsf	funds 6	funds 6	funds 6
Income from:
Donations		90,606			175,606
Charitable activities		283,108			283,108
Other trading activities		439,914			439.914
Investments		1,794			1,794
Total income
Expenditure on:
Raising funds		36,285			36,285
Trading costs		134,047			134,047
Charitable activities		725,892	105,728		831,620
Total expenditure
Net income Iexpenditure before gains I(losses) on investments Net gains / (losses) on investments Net income Iexpenditure		Miimll~iSIN ~~Mh~		IMINI S~N8())l ~iaurrrr0r
Transfers between funds		28.00D	~28.000
Net income I(expenditure)	before
other recognised gains and	losses
Other gains / (losses) Net movement in funds Total funds brought forward		1%SIN~~~ 133,873 129,556		~%sane 100 263.529
Total funds carried forward

This isstated after charging I(crediting):	2020	2019
		6
Operating lease rentals:
-Property	191,250	255,000
Depreciation	42,858	38,252
Auditor's remuneration	3,7DD	3.7DD

Analysis of staff costs, trustee remuneration and personnel	expenses, and the cost of key ma	nagement
Staff costs were as follows:	2020	2019
	8	6
Salaries and wages	269,933	358,378
Social security costs	21,645	28,498

The avera follows:	ge number ofemployees (head count based	on number ofstaff employed) during the yea	r was as
		2020	2019
		No.	No.
Charitable	activities	12	14
Raising funds		1	1

Group intangible fixed assets
	Publishing	rightsf
Cost
At the start ofthe year		80,000
Additions in year
Disposals in year
At the end ofthe year		ggtgt
Depreciation
At the start ofthe year		64,000
Charge for the year		8,000
Eliminated on disposal
At the end ofthe year
Net book value
At the end ofthe year
At the start ofthe year

Stock	Group	Group	Charity	Charity
	2020	2019f	2020f	2019
Stock Retail	10,528	9,250
Scrapbook Stock	22,662	17,846	22,662	17.846
Stock Events	924	1,775
Debtors	Group	Group	Charity	Charity
	2020f	2019f	2020f	2019f
Trade debtors	15,705	31,787	11,835	7,659
Other debtors	7,021	12,020	7,021	12,020
Due from subsidiary			4,190	7,074
Prepayments	25,227	30,690	25,227	27,256
Accrued income	86,250	73,750	86,250	73,750

15	Creditors: amounts	falling due	falling due	falling due	within	one year	Group	Group	Charity	Charity
							2020 f	2019	2020 f	2019
	Trade creditors						165,544	150,664	163,836	130,677
	Taxation and social security						13,731	19,786	5,210	8.317
	Other Creditors						507	1,530	507	1,530
	Bank Loans						28,333	-	28,333
	Accruals and deferred	income								9,363
16	Creditors: amounts	falling due			more than one year		Group	Group	Charity	Charity
							2020f	2019f	2020f	2019f
	Packaging Innovation	Retirement			Benefit Scheme Ltd		307,308	315,269	307,308	315,269
	Bank loans						196,667	100,000	196,667	100,000
17	Analysis ofnet assets		between		funds
						General				Total
						unrestricted	Designated f	Endowment f	Restrictedf	fundsf
	Intangible fixed assets						8,000			8,000
	Tangible fixed assets					339,922				339,922
	Net current assets i	(liabilities)				144,873			36,514	181,387
	Long term Liabilities h t td tth	d	tth	y		(503,975) (503,975) ~gafi~~~mit~itut.
	Analysis ofnet assets		between		funds	2019
						General				Total
						unrestricted f	Designated f	Endowment f	Restricted f.	funds
	Intangible fixed assets						16,000			16,000
	Tangible fixed assets					374,780		100		374,880
	Net current assets i	(liabilities)				105,560			80,828	186,388
	Long term Liabilifies					(415,269)				(415,269)
	h t ~acth *	d	tth	y		~~gfia~~tmamgg4wd

Movements in funds	Movements in funds
				At the start				At the end
				ofthe year	Income	Expenditure	Transfers	ofthe year
				5	5	E		5
Endowment funds:
Heritage assets				100		100
Total endowment	funds
Restricted funds:
Brand Memories				80,828	-	58,912	-	21,916
Government Furlough Scheme					175,179	175,179
Coronavirus Business Interrup5on			Loan
Scheme					1,343	1,343
Kusuma Trust					10,000			10,000
Memorial Garden					7,190	2,592	-	4,598
The Marketors' Trust					15,000	15,000
Total restricted funds
Unrestricted funds:
Designated funds:	Publishing	rights		16,000		8,000		8,000
General funds
Total unrestricted	funds
Total funds
Movements in funds 2019				At 1Jan				At 31Dec
				2019	Income	Expenditure	Transfers	2019
					5	5		5
Endowment funds:
Heritage assets
Total endowment	funds
Restricted funds:
Brand Memories				129,556	70,000	90,728	(28,000)	80,828
The Markelors' Trust					15,000	15,000
Total restricted funds
Unmstricted funds:
Designated funds:	Publishing	rights		24,000		8,000		16,000
General funds				109,873	815,422	888,224	28,000	65,071
Total unrestricted	funds
Total funds

19	Reconciliation ofnet income /(expenditure)	to net cash	flow from	operating	activities
					2020	2019
					6	6
	Net income / (expenditure) forthe reporting	period			(136,665)	(101,530)
	(as per the consolidated statement offinancial activities)
	Depreciation				42,858	38,252
	Interest, rent and dividends from investments				(416)	(1,794)
	Gains/ (losses) on investments
	(Loss)/ profit on the sale offixed assets				100
	(Increase)/ decrease in stock				(5,243)	10,051
	(Increase)/ decrease in debtors				14,044	(2,926)
	Increase/ (decrease) in creditors Net cash provided by / (used in) operating	activities			mm~
20	Analysis ofcash and cash equivalents		At 1			At 31
		January			Other	December
			2020 6	Cash flows 6	changes 6	2020 f
	Cash at bank and in hand		192,013	39,562		231,575
	Total cash and cash equivalents