```
REGISTERED COMPANY NUMBER: 04265110 (England and Wales)
REGISTERED CHARITY NUMBER: 1093763
```
## **`REPORT OF THE TRUSTEES AND`**
```
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2021
```
## **`FOR`**
## **`HAVERING MUSEUM LIMITED`**
```
Clemence Hoar Cummings
Chartered Accountants
Riverside House
1-5 Como Street
Romford
Essex
RM7 7DN
```
```
HAVERING MUSEUM LIMITED
```
```
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2021
```
||**`Page`**|**`Page`**|**`Page`**|
|---|---|---|---|
|**`Chairman's Report`**|`1`|`to`|`2`|
|**`Report of the Trustees`**|`3`|`to`|`4`|
|**`Independent Examiner's Report`**||`5`||
|**`Statement of Financial Activities`**||`6`||
|**`Statement of Financial Position`**||`7`||
|**`Notes to the Financial Statements`**|`8`|`to`|`13`|
|**`Detailed Statement of Financial Activities`**||`14`||
```
HAVERING MUSEUM LIMITED
```
## **`CHAIRMAN'S REPORT FOR THE YEAR ENDED 31 MARCH 2021`**
## **`Havering Museum - Review of the Year 2020-2021`**
```
LookingbackatouryearIamleftwiththethoughtthattoughtimesneverlast,buttoughpeople do.
ThisishowIseeouroutstandingvolunteerswhohaveweatheredthepandemicstormwithusand have
pulledtogethertobringusouttheotherside.Agreatachievementasweallarestartingtoseea degree
of normality.
```
```
WehaveallseenunprecedentedlifechangingeventsnotjustfortheMuseumbutinour families,
communities,countryandtheworld.Noneofushaslivedthroughapandemicbeforeand faced
unbelievabledifficulties,whichhaskeptpeopleapart.AttheheartofourMuseumhasbeenthe people,
volunteersandourvisitingcommunities.TokeepthemsafeweclosedtheMuseumon23March 2020
anddidn'treopenuntil23July2021,whenweknewitwouldbesafeforeveryoneandwewereCovid 19
secure.
```
```
Idon'twanttoreflectonthenegativityofthisyear,enforcedclosureandlossofincomeforthe Museum,
butsharethestoryofwhatwehaveachievedagainsttheoddsandtheresilienceofmanyof our
volunteers who steered us through this storm.
```
```
Inreviewingourbusinesstargetsweacceptthateverythinghadtostopinlockdown,butwedid manage
toembracetechnologyandstreamintosomepeople'shomeswiththeuseofZoom,todeliver monthly
Photographicsessions,whichaccountedforour277virtualvisitorsandwehadvirtualBoard meetings.
Financiallyourincomewas(£26,030)whichismadeupmainlyofgovernmentgrants,VAT repayments,
sponsorshipmoneyfrom2019etc.Whilstclosedwestillincurredcostswhichamounted(£14,188). A
smallcoreteamofvolunteershavekeptintouchwithourvolunteersandsomeofour communities,
maintainedthebuildingandourinfrastructure,soughtoutgrantsandobtainedthreegrants (£23,039)
andcarriedoutworkbehindthescenes,onvariousprojects.Oneoftheseprojectsistobring the
wonderfulbronzeageartefacts,knownasHaveringHoardno.4totheMuseuminFebruary2022. The
Hoard will be with the Museum for three years.
```
```
Someprogresshasbeenmadeagainstourbusinessplansintheformofstartingour digitisation
programme,refreshingthegalleriesandexploringnewkiosksinadditiontolookingatre-energising the
schools programme and building a more robust positive working relationship with them.
```
```
SignificantplanningtookplaceinthelatterpartoftheyeartoensuretheMuseumbecameCovid secure
andtoorganiseeventswhichcouldbesafelydeliveredinaphasedreopening.Ourapproachwasto have
heritagewalks,thenrefreshingandopeningthegalleriestopilotingregulareventsandexhibitions.All of
these have been successfully implemented.
```
```
Partnerhips-Whilstthiswasadormantyearseveralofoursponsorshippartnersagreedto recommence
their sponsorship in 2021/22 and our involvement with DiscoverMe and Valence House continues.
```
## **`Our sponsors / partners are:`**
```
Moore Kingston Smith - Education programme and leaflet
Mullis & Peake - Reminiscence Group
Clemence Hoar Cummings - Variety Club
Friends of Havering Museum - Purchase of equipment
```
```
IwouldliketoextendourthankstotheFriendsofHaveringMuseumwhoduringthelockdown purchased
three models of Upminster High Street shops for our Collection.
```
```
TheLondonBoroughofHaveringhasactivelysupportedtheMuseumandprovidedadviceand guidance
also on a variety of topics which we greatly appreciate.
```
```
WewillcontinueourpartnershipwithHaveringCollegeStudentsUnion,AbellioGreaterAnglia Trains,
Days Out/Essex Tourist in providing discount tickets when open.
```
## **`Future Plans`**
```
Page 1
```
```
HAVERING MUSEUM LIMITED
```
## **`CHAIRMAN'S REPORT FOR THE YEAR ENDED 31 MARCH 2021`**
```
Thecomingyearwillbeayearofadaptability.Aswestarttocomeoutofthepandemicwehave to
weatherthewinterseasonandremainflexibleandkeepthesafetyofourvolunteersandcommunities at
the fore front of our agenda.
```
```
Itisessentialthatwerebuildourcommunitiesandembracenewmediumsofcommunications with
audiences,aslearntinthepandemic.Wewillstrengthenourworkwithourpartners,schools,digitise our
Collections,refreshfurtherourgalleries,welcomingtheHaveringHoardandhopefullyrecruiting new
volunteers. It is also planned to refresh the exterior of the Museum.
```
```
During2020welosttheopportunityofcelebratingour10thanniversarybutwewillmarkthisoccasion in
2022 with some form of celebration, as we have come so far.
```
```
Thesehavebeenextremelyhardtimesandwewillstillhavesignificantchallengescomingourway but
positivityandexcellentteamworkbyourbandofcommittedvolunteersandsupportingcommunities will
ensure we remain a 'Community Hub' for all.
```
```
In closing just two words say it all - thank you.
```
```
Page 2
```
```
HAVERING MUSEUM LIMITED
```
## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021`**
```
ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006, present
theirreportwiththefinancialstatementsofthecharityfortheyearended31March2021.The trustees
haveadoptedtheprovisionsofAccountingandReportingbyCharities:Statementof Recommended
PracticeapplicabletocharitiespreparingtheiraccountsinaccordancewiththeFinancial Reporting
Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
```
## **`OBJECTIVES AND ACTIVITIES`**
## **`Objectives and aims`**
```
Theobjectivesaretoeducatethepublicbypromotion,support,assistanceandimprovementof the
HaveringMuseum.Thepoliciesadoptedinfurtheranceoftheseobjectiveshavenotchangedduring the
year.ThecharitywasformedtoadministerandruntheHaveringMuseumlocatedat19-21HighStreet ,
Romford , Essex, RM1 1JU.
```
```
TheBoardofDirectorshaspaiddueregardtoguidanceissuedbytheCharityCommissionin deciding
what activities the charity should undertake.
```
```
The charity's primary activity throughout the year was the administration and promotion of the Havering
Museum.
```
## **`Achievements and performance`**
```
The trustees have continued to generate admission income and other income to further advance the
objectives of the charity.
```
## **`FINANCIAL REVIEW`**
## **`Financial position`**
```
Thecharityhasgeneratedincomingresourcesof£26,030(2020:£17,553)andanetsurplusof £11,842
(2020:deficitof£7,303)resultedafterdeductingcharitableexpenditureandgovernancecosts. The
MuseumhasbeenfundedtoalargeextentbymoniesfromtheLondonBoroughofhaveringand efforts
are being made to supplement these monies to enable the museum to continue.
```
```
TheBoardofDirectorshaveassessedthemajorriskstowhichthecharityisexposed,andare satisfied
that systems are in place to mitigate exposure to these risks.
```
## **`Reserves policy`**
```
Itisthepolicyofthecharitythatunrestrictedfundswhichhavenotbeendesignatedforaspecific use
shouldbemaintainedatalevelequivalenttobetweenthreeandsixmonth'sexpenditure.TheBoard of
Directorsconsiderthatreservesatthislevelwillensurethat,intheeventofasignificantdropin funding,
theywillbeabletocontinuethecharity'scurrentactivitieswhileconsiderationisgiventowaysin which
additional funds may be raised. This level of reserves has been maintained.
```
## **`STRUCTURE, GOVERNANCE AND MANAGEMENT`**
## **`Governing document`**
```
Thecharityiscontrolledbyitsgoverningdocument,adeedoftrust,andconstitutesalimited company,
limited by guarantee, as defined by the Companies Act 2006.
```
## **`REFERENCE AND ADMINISTRATIVE DETAILS`**
## **`Registered Company number`**
```
04265110 (England and Wales)
```
## **`Registered Charity number`**
```
1093763
```
## **`Registered office`**
```
Havering Museum
19-21 High Street
Romford
Essex
RM1 1JU
```
```
Page 3
```
```
HAVERING MUSEUM LIMITED
```
## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021`**
## **`Trustees`**
```
P E Wilkes
B D Evans
J R Garnell
P S Johnson
D A Lynch (resigned 17/6/2021)
E Owen
J A Shingleton
P Stewart
F H V Thompson
L K Westwood
A S Curtin
```
## **`Company Secretary`**
```
P E Wilkes
```
## **`Independent Examiner`**
```
Clemence Hoar Cummings
Chartered Accountants
Riverside House
1-5 Como Street
Romford
Essex
RM7 7DN
```
```
Approved by order of the board of trustees on 20 December 2021 and signed on its behalf by:
```
```
P E Wilkes - Trustee
```
```
Page 4
```
## **`INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HAVERING MUSEUM LIMITED`**
## **`Independent examiner's report to the trustees of Havering Museum Limited ('the Company')`**
```
IreporttothecharitytrusteesonmyexaminationoftheaccountsoftheCompanyfortheyear ended
31 March 2021.
```
## **`Responsibilities and basis of report`**
```
Asthecharity'strusteesoftheCompany(andalsoitsdirectorsforthepurposesofcompanylaw)you are
responsibleforthepreparationoftheaccountsinaccordancewiththerequirementsoftheCompanies Act
2006 ('the 2006 Act').
```
```
HavingsatisfiedmyselfthattheaccountsoftheCompanyarenotrequiredtobeauditedunderPart16 of
the2006Actandareeligibleforindependentexamination,Ireportinrespectofmyexaminationof your
charity'saccountsascarriedoutundersection145oftheCharitiesAct2011('the2011Act').In carrying
outmyexaminationIhavefollowedtheDirectionsgivenbytheCharityCommissionundersection 145(5)
(b) of the 2011 Act.
```
## **`Independent examiner's statement`**
```
Ihavecompletedmyexamination.Iconfirmthatnomattershavecometomyattentionin connection
with the examination giving me cause to believe:
```
`1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or`
`2. the accounts do not accord with those records; or`
`3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or`
`4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).`
```
Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationto which
attentionshouldbedrawninthisreportinordertoenableaproperunderstandingoftheaccountsto be
reached.
```
```
Lee Blunden
FCCA CTA
Clemence Hoar Cummings
Chartered Accountants
Riverside House
1-5 Como Street
Romford
Essex
RM7 7DN
```
```
Date: .............................................
```
```
Page 5
```
```
HAVERING MUSEUM LIMITED
```
## **`STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2021`**
|`Unrestricted`
`funds`
`Notes`
`£`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
`2`
**`1,870`**
**`Charitable activities`**
`4`
`Admissions and promotion`
**`940`**
`Investment income`
`3`
**`181`**
`Other income`
**`23,039`**
**`Total`**
**`26,030`**
**`EXPENDITURE ON`**
`Raising funds`
`5`
**`1,738`**
**`Charitable activities`**
`Admissions and promotion`
**`12,450`**
**`Total`**
**`14,188`**
**`NET INCOME/(EXPENDITURE)`**
**`11,842`**
**`RECONCILIATION OF FUNDS`**
**`Total funds brought forward`**
**`123,811`**
**`TOTAL FUNDS CARRIED FORWARD`**
**`135,653`**|`Restricted`
`fund`
`£`
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`1,000`**
**`1,000`**|**`2021`**
**`Total`**
**`funds`**
**`£`**
**`1,870`**
**`940`**
**`181`**
**`23,039`**
**`26,030`**
**`1,738`**
**`12,450`**
**`14,188`**
**`11,842`**
**`124,811`**
**`136,653`**|`2020`
`Total`
`funds`
`£`
`6,896`
`10,492`
`165`
`-`
`17,553`
`3,165`
`21,691`
`24,856`
`(7,303)`
`132,114`
`124,811`|
|---|---|---|---|
```
The notes form part of these financial statements
```
```
Page 6
```
## **`HAVERING MUSEUM LIMITED`**
## **`STATEMENT OF FINANCIAL POSITION 31 MARCH 2021`**
|`Unrestricted`
`funds`
`Notes`
`£`
**`FIXED ASSETS`**
`Tangible assets`
`9`
**`738`**
**`CURRENT ASSETS`**
`Stocks`
`10`
**`1,231`**
`Debtors`
`11`
**`4,078`**
`Cash at bank and in hand`
**`130,988`**
**`136,297`**
**`CREDITORS`**
`Amounts falling due within one year`
`12`
**`(1,382)`**
**`NET CURRENT ASSETS`**
**`134,915`**
**`TOTAL ASSETS LESS CURRENT`**
**`LIABILITIES`**
**`135,653`**
**`NET ASSETS`**
**`135,653`**
**`FUNDS`**
`13`
`Unrestricted funds`
`Restricted funds`
**`TOTAL FUNDS`**|`Restricted`
`fund`
`£`
**`-`**
**`-`**
**`-`**
**`1,000`**
**`1,000`**
**`-`**
**`1,000`**
**`1,000`**
**`1,000`**|**`2021`**
**`Total`**
**`funds`**
**`£`**
**`738`**
**`1,231`**
**`4,078`**
**`131,988`**
**`137,297`**
**`(1,382)`**
**`135,915`**
**`136,653`**
**`136,653`**
**`135,653`**
**`1,000`**
**`136,653`**|`2020`
`Total`
`funds`
`£`
`2,028`
`1,231`
`4,734`
`119,897`
`125,862`
`(3,079)`
`122,783`
`124,811`
`124,811`
`123,811`
`1,000`
`124,811`|
|---|---|---|---|
```
ThecharitablecompanyisentitledtoexemptionfromauditunderSection477oftheCompaniesAct 2006
for the year ended 31 March 2021.
```
```
Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatementsforthe year
ended 31 March 2021 in accordance with Section 476 of the Companies Act 2006.
```
```
The trustees acknowledge their responsibilities for
```
- `(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and`
- `(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.`
```
Thesefinancialstatementshavebeenpreparedinaccordancewiththeprovisionsapplicableto charitable
companies subject to the small companies regime.
```
```
ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissue on
20 December 2021 and were signed on its behalf by:
```
```
P E Wilkes - Trustee
```
```
The notes form part of these financial statements
```
```
Page 7
```
```
HAVERING MUSEUM LIMITED
```
## **`NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021`**
## **`1. ACCOUNTING POLICIES`**
## **`Basis of preparing the financial statements`**
```
Thefinancialstatementsofthecharitablecompany,whichisapublicbenefitentityunderFRS 102,
havebeenpreparedinaccordancewiththeCharitiesSORP(FRS102)'Accountingand Reporting
byCharities:StatementofRecommendedPracticeapplicabletocharitiespreparingtheir accounts
inaccordancewiththeFinancialReportingStandardapplicableintheUKandRepublicof Ireland
(FRS102)(effective1January2019)',FinancialReportingStandard102'TheFinancial Reporting
StandardapplicableintheUKandRepublicofIreland'andtheCompaniesAct2006.The financial
statements have been prepared under the historical cost convention.
```
## **`Income`**
```
AllincomeisrecognisedintheStatementofFinancialActivitiesoncethecharityhasentitlement to
the funds, it is probable that the income will be received and the amount can be measured reliably.
```
## **`Expenditure`**
```
Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructive obligation
committingthecharitytothatexpenditure,itisprobablethatatransferofeconomicbenefits will
berequiredinsettlementandtheamountoftheobligationcanbemeasuredreliably. Expenditure
isaccountedforonanaccrualsbasisandhasbeenclassifiedunderheadingsthataggregate all
costrelatedtothecategory.Wherecostscannotbedirectlyattributedtoparticularheadings they
have been allocated to activities on a basis consistent with the use of resources.
```
## **`Tangible fixed assets`**
```
Depreciationisprovidedatthefollowingannualratesinordertowriteoffeachassetover its
estimated useful life.
```
```
Fixtures and fittings
```
```
- 33% on cost
```
## **`Stocks`**
```
Stocksarevaluedatthelowerofcostandnetrealisablevalue,aftermakingdueallowance for
obsolete and slow moving items.
```
## **`Taxation`**
```
The charity is exempt from corporation tax on its charitable activities.
```
## **`Fund accounting`**
```
Unrestrictedfundscanbeusedinaccordancewiththecharitableobjectivesatthediscretionof the
trustees.
```
```
Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsof the
charity.Restrictionsarisewhenspecifiedbythedonororwhenfundsareraisedfor particular
restricted purposes.
```
```
Furtherexplanationofthenatureandpurposeofeachfundisincludedinthenotestothe financial
statements.
```
```
continued...
```
```
Page 8
```
```
HAVERING MUSEUM LIMITED
```
## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021`**
|**`2.`**
**`DONATIONS AND LEGACIES`**
`Donations`
`Admissions`
`Donated services and facilities`
**`3.`**
**`INVESTMENT INCOME`**
`Deposit account interest`
**`4.`**
**`INCOME FROM CHARITABLE ACTIVITIES`**
`Activity`
`Sales`
`Admissions and promotion`
**`5.`**
**`RAISING FUNDS`**
**`Raising donations and legacies`**
`Support costs`
**`Other trading activities`**
`Purchases`
`Staging fundraising events`
`Advertising`
`Aggregate amounts`
**`6.`**
**`NET INCOME/(EXPENDITURE)`**
`Net income/(expenditure) is stated after charging/(crediting):`
`Depreciation - owned assets`||**`2021`**
**`£`**
**`1,540`**
**`-`**
**`330`**
**`1,870`**
**`2021`**
**`£`**
**`181`**
**`2021`**
**`£`**
**`940`**
**`2021`**
**`£`**
**`845`**
**`2021`**
**`£`**
**`-`**
**`758`**
**`135`**
**`893`**
**`1,738`**
**`2021`**
**`£`**
**`1,290`**|`2020`
`£`
`4,334`
`1,995`
`567`
`6,896`
`2020`
`£`
`165`
`2020`
`£`
`10,492`|`2020`
`£`
`4,334`
`1,995`
`567`|
|---|---|---|---|---|
|||||`6,896`|
|||||`2020`
`£`
`165`|
|||||`2020`
`£`
`822`|
|||||`2020`
`£`
`20`
`1,756`
`567`|
|||||`2,343`|
|||||`3,165`|
|||||`2020`
`£`
`1,841`|
```
continued...
```
```
Page 9
```
```
HAVERING MUSEUM LIMITED
```
## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021`**
## **`7. TRUSTEES' REMUNERATION AND BENEFITS`**
```
Therewerenotrustees'remunerationorotherbenefitsfortheyearended31March2021nor for
the year ended 31 March 2020.
```
## **`Trustees' expenses`**
```
Therewerenotrustees'expensespaidfortheyearended31March2021norfortheyear ended
31 March 2020.
```
## **`8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`**
|`Unrestricted`
`funds`
`£`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
`6,896`
**`Charitable activities`**
`Admissions and promotion`
`10,492`
`Investment income`
`165`
**`Total`**
`17,553`
**`EXPENDITURE ON`**
`Raising funds`
`3,165`
**`Charitable activities`**
`Admissions and promotion`
`21,691`
**`Total`**
`24,856`
**`NET INCOME/(EXPENDITURE)`**
`(7,303)`
**`RECONCILIATION OF FUNDS`**
**`Total funds brought forward`**
`131,114`
**`TOTAL FUNDS CARRIED FORWARD`**
`123,811`|`Restricted`
`fund`
`£`
`-`
`-`
`-`
`-`
`-`
`-`
`-`
`-`
`1,000`
`1,000`|`Total`
`funds`
`£`
`6,896`
`10,492`
`165`
`17,553`
`3,165`
`21,691`
`24,856`
`(7,303)`
`132,114`
`124,811`|
|---|---|---|
```
continued...
```
```
Page 10
```
```
HAVERING MUSEUM LIMITED
```
## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021`**
## **`9. TANGIBLE FIXED ASSETS`**
|**`COST`**
`At 1 April 2020 and 31 March 2021`
**`DEPRECIATION`**
`At 1 April 2020`
`Charge for year`
`At 31 March 2021`
**`NET BOOK VALUE`**
`At 31 March 2021`
`At 31 March 2020`
**`10.`**
**`STOCKS`**
`Finished goods`
**`11.`**
**`DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
`Trade debtors`
`Other debtors`
`Prepayments`
**`12.`**
**`CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
`Trade creditors`
`VAT`
`Other creditors`
`Accrued expenses`|**`2021`**
**`£`**
**`1,231`**
**`2021`**
**`£`**
**`544`**
**`181`**
**`3,353`**
**`4,078`**
**`2021`**
**`£`**
**`139`**
**`396`**
**`-`**
**`847`**
**`1,382`**|`Fixtures`
`and`
`fittings`
`£`
**`17,226`**|`Fixtures`
`and`
`fittings`
`£`
**`17,226`**|
|---|---|---|---|
|||**`15,198`**
**`1,290`**||
|||**`16,488`**||
||||**`738`**|
||||`2,028`|
||||`2020`
`£`
`1,231`|
||||`2020`
`£`
`369`
`409`
`3,956`|
||||`4,734`|
||||`2020`
`£`
`2,247`
`-`
`10`
`822`|
||||`3,079`|
```
continued...
```
```
Page 11
```
```
HAVERING MUSEUM LIMITED
```
## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021`**
## **`13. MOVEMENT IN FUNDS`**
|**`Unrestricted funds`**
`General fund`
`Heritage Lottery fund`
**`Restricted funds`**
`HLF WW1`
**`TOTAL FUNDS`**|`At 1.4.20`
`£`
**`99,324`**
**`24,487`**
**`123,811`**
**`1,000`**
**`124,811`**|`Net`
`movement`
`in funds`
`£`
**`11,842`**
**`-`**
**`11,842`**
**`-`**
**`11,842`**|`At`
`31.3.21`
`£`
**`111,166`**
**`24,487`**|
|---|---|---|---|
||||**`135,653`**
**`1,000`**|
||||**`136,653`**|
```
Net movement in funds, included in the above are as follows:
```
|**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**
**`Comparatives for movement in funds`**
**`Unrestricted funds`**
`General fund`
`Heritage Lottery fund`
**`Restricted funds`**
`HLF WW1`
**`TOTAL FUNDS`**|`Incoming`
`resources`
`£`
**`26,030`**
**`26,030`**
`At 1.4.19`
`£`
`106,627`
`24,487`
`131,114`
`1,000`
`132,114`|`Resources`
`expended`
`£`
**`(14,188)`**
**`(14,188)`**
`Net`
`movement`
`in funds`
`£`
`(7,303)`
`-`
`(7,303)`
`-`
`(7,303)`|`Movement`
`in funds`
`£`
**`11,842`**
**`11,842`**
`At`
`31.3.20`
`£`
`99,324`
`24,487`
`123,811`
`1,000`
`124,811`|
|---|---|---|---|
```
Comparative net movement in funds, included in the above are as follows:
```
|**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**|`Incoming`
`Resources`
`Movement`
`resources`
`expended`
`in funds`
`£`
`£`
`£`
`17,553`
`(24,856)`
`(7,303)`
`17,553`
`(24,856)`
`(7,303)`|
|---|---|
```
continued...
```
```
Page 12
```
```
HAVERING MUSEUM LIMITED
```
## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021`**
## **`13. MOVEMENT IN FUNDS - continued`**
```
A current year 12 months and prior year 12 months combined position is as follows:
```
|**`Unrestricted funds`**
`General fund`
`Heritage Lottery fund`
**`Restricted funds`**
`HLF WW1`
**`TOTAL FUNDS`**|`At 1.4.19`
`£`
`106,627`
`24,487`
`131,114`
`1,000`
`132,114`|`Net`
`movement`
`in funds`
`£`
`4,539`
`-`
`4,539`
`-`
`4,539`|`At`
`31.3.21`
`£`
`111,166`
`24,487`|
|---|---|---|---|
||||`135,653`
`1,000`|
||||`136,653`|
```
Acurrentyear12monthsandprioryear12monthscombinednetmovementinfunds,included in
the above are as follows:
```
|**`Unrestricted funds`**
`General fund`
**`TOTAL FUNDS`**|`Incoming`
`Resources`
`Movement`
`resources`
`expended`
`in funds`
`£`
`£`
`£`
`43,583`
`(39,044)`
`4,539`
`43,583`
`(39,044)`
`4,539`|
|---|---|
## **`14. RELATED PARTY DISCLOSURES`**
```
There were no related party transactions for the year ended 31st March 2021 (2020: nil)
```
```
Page 13
```
```
HAVERING MUSEUM LIMITED
```
## **`DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2021`**
|**`INCOME AND ENDOWMENTS`**
**`Donations and legacies`**
`Donations`
`Admissions`
`Donated services and facilities`
**`Investment income`**
`Deposit account interest`
**`Charitable activities`**
`Sales`
**`Other income`**
`Government grants`
**`Total incoming resources`**
**`EXPENDITURE`**
**`Other trading activities`**
`Purchases`
`Staging fundraising events`
`Advertising`
**`Charitable activities`**
`Repairs and maintenance`
`Travel expenses`
`Light and heat`
`Computer costs`
`Postage and stationery`
`Insurance`
`Sundries`
`Subscriptions`
`Depreciation of tangible fixed assets`
**`Support costs`**
**`Governance costs`**
`Accountancy and legal fees`
`Total resources expended`
**`Net income/(expenditure)`**|`2021`
`£`
**`1,540`**
**`-`**
**`330`**
**`1,870`**
**`181`**
**`940`**
**`23,039`**
**`26,030`**
**`-`**
**`758`**
**`135`**
**`893`**
**`2,037`**
**`-`**
**`2,369`**
**`1,847`**
**`884`**
**`2,502`**
**`1,521`**
**`-`**
**`1,290`**
**`12,450`**
**`845`**
**`14,188`**
**`11,842`**|`2020`
`£`
`4,334`
`1,995`
`567`
`6,896`
`165`
`10,492`
`-`
`17,553`
`20`
`1,756`
`567`
`2,343`
`7,961`
`46`
`4,632`
`1,948`
`2,283`
`2,374`
`263`
`343`
`1,841`
`21,691`
`822`
`24,856`
`(7,303)`|
|---|---|---|
```
This page does not form part of the statutory financial statements
```
```
Page 14
```