##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||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|||||||
##
|Income from donation|s|and|legaci|es|||||
|---|---|---|---|---|---|---|---|---|
||||||||2020|2019|
|||||Unrestricted
5|Restricted|Endowment
5|Total|Totalf|
|Government
Furlough|Scheme||||175,179||175,179||
|Coronavirus
Business|Interruption||||||||
|Loan Scheme|||||1,343||1,343||
|Kusuma
Trust|||||10,000||10,000||
|Charibes
Aid Foundation|||||7,190||7,190||
|The Marketors'
Trust|||||15.000||15,000|15,000|
|Royal Borough of Kensington|||&||||||
|Chelsea||||32,000|||32,000||
|Culture Recovery Fund|for||||||||
|Heritage (DCMS)||||59,500|||59,500||
|National
Lottery Heritage||Fund||53.300|||53,300||
|City Bridge Trust||||||||30,000|
|Linbury Trust||||||||40,000|
|Corporate Sponsorships||||26,000|||26,000|90,000|
|Other General donations||||3|||3|606|
##
|||||||2020|2019|
|---|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Endowment|Total|Total|
||||5|9|E|8|5|
|Admissions|||70,138|||70,138|232,436|
|Learning|sessions||10,668|||10,668|50,672|
|Income|from trading activities|||||||
|||||||2020|2019|
||||Unrestricted|Restricted|Endowment|Total|Total|
||||6|E|6|8|E|
|Retail income||||||||
|Scrapbook income|||27,026|||27,026|22,534|
|Exhibi6ons, Talks||and Lates|10,867|||10,867|44,993|
|Charity||||||||
|Trading|company|turnover|55,295|||55,295|372,387|
|Group||||||||
|Income|from investments|||||||
|||||||2020|2019|
||||Unrestricted|Restricted|Endowment|Total|Total|
||||E|E|5|8|8|
|Bank interest|||416|||416|1,794|
|||Cost of||||||
|---|---|---|---|---|---|---|---|
||Basis of|raising|Trading|Charitable|Governance|||
||allocation|funds|costs|activities|costs|2020 Total|2019Total|
||||||6||6|
|Staff costs|Direct|34,469||257,109||291,578|386,876|
|Other costs|Direct|78|41,161|327,026|3,700|371,965|576,824|
|Depreciation|Direct|||42,858||42,858|38,252|
|Governance|costs||1,400|2,300|(3,700)|||
|Total expenditure
2020||||||||
|Total expenditure
2019||||||||
##
##
|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|||
##
|||Leaseholds|Fixtures||
|---|---|---|---|---|
|||improvemen|fittings 8||
|||ts|equipment|Total|
|||8|6||
|Cost|||||
|At the start ofthe year||436,939|130,751|567,690|
|Additions|in year||||
|Disposals|in year||||
|At the end|ofthe year||||
|Depreciation|||||
|At the start ofthe year||94,393|98,517|192,910|
|Charge forthe year||22,837|12,021|34,858|
|Eliminated|on disposal||||
|At the end|ofthe year||||
|Net book|value||||
|Atthe 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|||||
|18|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|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|||||||
##
##
##