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LLANGOLLEN MUSEUM
A Private Limited Company by guarantee without share capital and use of 'Limited' exemption
Report and Financial Statements
Year Ended 31 October 2024
Registered Company Number 04928571 Registered Charity Number 1103113
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Llangollen Museum (a company limited by guarantee)
Annual report and financial statements for the year ended 31 October 2024
Contents
Page
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2 Legal and administrative details
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3 Report of the trustees
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6 Report of the independent examiners
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7 Statement of financial activities
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8 Balance sheet
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9 Notes forming part of the financial statements
Officials
- P. Taylor (Chair and Treasurer) D. Crane (Adviser) G. Smith (Manager) M. Gleed (Health and Safety) C. Davies (Museum Mentor) M. Jones (Shop Manager)
Directors / Trustees
P. Taylor (Chair and Treasurer) S. Evans G. Smith D. Blades K. Sullivan G. Benjamin P. Jones J. Pugh M. Jones J. Robinson K. Griffiths
Registered Office and Operational Address Bankers Llangollen Museum Nat West Bank Parade Street 33 Lord St Llangollen Wrexham LL11 1LP Denbighshire LL20 8PW
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Llangollen Museum (a company limited by guarantee)
Annual report and financial statements for the year ended 31 October 2023
Legal and administrative details
Name
The Company’s full name is Llangollen Museum
Constitution
The Company (number04928571) is limited by guarantee and does not have any share capital. The Company is also a registered charity (number 1103113).
Trustees
The Company’s directors, as set out on the contents page, are the trustees and are referred to as such throughout.
Governing document
The Company is governed by its Memorandum and Articles of Association, subject to the jurisdiction of the Charity Commission for England and Wales.
Names and addresses
The address of the registered office is given on the contents page.
Trustees report
Our Aims and objectives
The Objects of the Museum as defined in the Memorandum of Association are:-
to advance education by the establishment and maintenance of a museum of local history in Llangollen.
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To provide archive space for artefacts, maps, documents and photographs relevant to Llangollen and the surrounding area.
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To make those items available to the public, either through a handling archive or through access to the original items, for education and research.
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To pursue ancillary and associated activities that further the Objects of the Museum and to promote the public use of the museum.
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To promote public interest in the archaeology, heritage and history of Llangollen and the surrounding area.
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Llangollen Museum (a company limited by guarantee)
How our activities deliver public benefit
The overriding goal of the museum is to create a venue and organisation that is self-sustaining both operationally and financially.
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The Museum facilitates and delivers a transfer of knowledge about the history of Llangollen and the surrounding area to all visitors.
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The Museum displays, preserves and conserves artefacts relating to the local area.
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The Museum encourages children and young people to enjoy history, heritage and archaeology within the museum and surrounding area.
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The Museum serves the local community as a centre for heritage of the local and surrounding area.
Principal activities for 2023-2024 (until August 2024 when Museum closed for roof work).
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A series of monthly talks and exhibitions in the art gallery.
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A number of events, including coffee mornings.
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Commencement of the process of purchasing the Museum building from Denbighshire.
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Commencement of the roof replacement work.
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A successful application for funding to the Lottery Heritage Fund re. the Museum roof.
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Installation of a stairlift and new kitchen/toilet using the Denbighshire Key Fund.
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Installation of new displays using the Clocaenog Fund.
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A successful application for funding to the Capital Improvement Programme.
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An increase in visitor numbers after Covid.
Plans for 2024-2025
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Complete the replacement of the Museum roof.
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Complete the Museum building purchase from Denbighshire County Council.
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Update Museum archiving software
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Creation of a Young Archaeologists Group
Financial Review
Grant Funded Programmes
Grant funding for specific programmes made up 98.5% of the Museum income for the year. Along with the deferred Clocaenog Wind Farm Fund grant, grant funding totalled 99% of the Museum turnover for 2023-24. The other key funders were the Denbighshire Key Fund, and Lottery Heritage. Although there was significant expenditure on the programme funded by the Community Ownership Fund, no funding was incoming from that source until 2024-25.
Finance for daily operations
An income stream for the museum was provided via donations, a small shop and fundraising projects. Fundraising efforts include:
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Coffee mornings throughout the year (until closure due to roof work).
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Monthly talks given by various speakers (until closure due to roof work).
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Llangollen Museum (a company limited by guarantee)
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A genealogy/property history service.
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Other individual events.
Donations are via a donation box situated by the main entrance/exit or occasionally by individual donations.
The small shop within the Museum sells books, cards and other small gift type items, its sole purpose being a source of income for the Museum.
Investment Policy
Llangollen Museum has no investment policy.
Reserves Policy
It was agreed by Trustees at a meeting on 14[th] October 2020 to have £10,000 set aside as a reserve fund to allow for future costs, particularly of work/repairs that may be required to the building, and that may be difficult to find from grant sources.
Independent Examiner
The current Trustees have made themselves aware of any information needed for the purpose of the independent examination and to establish that the Independent Examiner is aware of that information. The Trustees are not aware of any relevant information of which the Independent Examiner is unaware.
For the year ending 31[st] October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Signed by:
Pamela Taylor For and on behalf of the Board
Date: 10[th] June 2025
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Llangollen Museum (a company limited by guarantee)
Independent examiner's report to the trustees of Llangollen Museum
I report on the accounts of the company for the year ended 31 October 2024, which are set out on pages 7 to 9.
Respective responsibilities of trustees and examiner
The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. The charity's gross income did not exceed £250,000.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
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examine the accounts under section 145 of the 2011 Act;
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to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
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to state whether particular matters have come to my attention.
Basis of independent examiner's report
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
(1) which gives me reasonable cause to believe that in any material respect the requirements:
- to keep accounting records in accordance with section 386 of the Companies Act 2006; and
• to prepare accounts which accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities have not been met; or (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Name: Paul Coleman Date: 7[th] July 2025
Relevant professional qualification or body: Registered Tax Consultant
Address: Y Pandy, Llantysilio, Llangollen LL20 8DD.
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Llangollen Museum (a company limited by guarantee)
Statement of financial activities (including Income and Expenditure Account)
for the year ended 31 October 2024
| Incoming Resources General income Activities to generate funds Income from lectures 100 Club & Membership Donations Grants & Awards Subsidiary Company Donation Income deferred from previous year Income deferred to following year Bank Interest Total Incoming Resources Resources Expended General Grant Expenditure Museum Lottery Memberships Utilities Maintenance Rent & Insurance Bank Charges Depreciation Total Resouces Expended Net Surplus/-Deficit for the year Total Funds at 1 November Total Funds at 31 October |
2022-23 £ 0 472 436 0 3469 12482 783 0 -7482 0 10161 29 5000 0 150 3103 2060 1427 0 339 12108 -1948 19989 18041 |
2023-24 £ 1041 55 525 0 1516 205816 1956 7482 -25420 0 192971 874 187878 0 71 4533 1675 1713 0 254 |
2023-24 £ 1041 55 525 0 1516 205816 1956 7482 -25420 0 192971 874 187878 0 71 4533 1675 1713 0 254 |
|---|---|---|---|
| 196998 -4027 18041 14014 |
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Llangollen Museum (a company limited by guarantee)
Balance Sheet 31 October 2024
| Balance Sheet 31 October 2024 | ||
|---|---|---|
| 2022-23 | 2023-24 | |
| Fixed Assets | ||
| Tangible Fixed Assets | 1016 | 762 |
| Investments | ||
| Shares in subsidiary company | 2 | 2 |
| Current Assets | ||
| Debtors | ||
| Cash at Bank | 24505 | 38670 |
| 24505 | 38670 | |
| Creditors: amounts fallling due | ||
| within one year | 0 | 0 |
| Net Current Assets | 24505 | 38670 |
| Total Assest less current liabilities | 25523 | 39434 |
| Deferred Income | 7482 | 25420 |
| 18041 | 14014 | |
| Unrestricted Funds | ||
| General Funds | 18041 | 14014 |
| Total Funds | 18041 | 14014 |
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
For the year ending 31[st] October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These financial statements were approved by the board of trustees and authorised for issue on 27th June 2024.
Company Registration Number 04928571
Pamela Taylor: For and on behalf of the Board
Date: 7[th] July 2025
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Llangollen Museum (a company limited by guarantee)
Notes forming part of the financial statements for the year ended 31 October 2024
| 1Tangible Fixed Assets Cost As At 1 November Additions During Year As At 31 October Depreciation As At 1 November Charge for the year As At 31 October Net Book Value At 31 October 2Deferred Income All grants |
2022-23 2023-24 24337 24337 0 0 |
|---|---|
| 24337 24337 |
|
| 22982 23321 339 254 |
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| 23321 23575 |
|
| 1016 762 |
|
| 7482 25420 |
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