2022-04-30-accounts - The Worcester Heritage And Amenity Trust Limited

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

							Pages
Trustees'	annual report (incorporating			the	director's	report)	1to6
Independent examiner's report to the				trustees
Statement	of financial	activities	(including		income and
expenditure account)
Statement	of financial	position
Notes to	the financial	statements					10to 20

					2022		2021
				Unrestricted	Restricted
				funds	funds	Total funds	Total funds
			Note	2	2	2	2
Income and endowments
Donations and legacies			5	13,902	46,476	60,378	136,000
Other trading activities			6	23,280		23,280	6,725
Investment income			7	826		826	528
Total income				38,008	46,476	84,484	143,253
Expenditure
Expenditure on raising funds:
Costs of other	trading	activities	8	6,022		6,022	4,200
Expenditure on chadtable		activities	9,10	27,126	47,721	74,847	137,296
Total expenditure				33,148	47,721	80,869	141,496
Net income				4,860	(1,245)	3,615	1,757
Transfers between	funds			6,519	(6,519)
Net movement in	funds			11,379	(7,764)	3,615	1,757
Reconciliation of	funds
Total funds brought	forward			93,432	9,474	102,906	101,149
Total funds carried forward				104,811	1,710	106,521	102,906

			2022	2021
		Note	2	2
Fixed assets
Tangible fixed assets		17	2,400	3,200
Current assets
Stocks		18	2,561	4,121
Debtors		19	650	640
Cash at bank and in	hand		103,326	102,285
			106,537	107,046
Creditors: amounts	falling due within one year	20	2,416	7,340
Net current assets			104,121	99,706
Total assets less current liabilities			106,521	102,906
Net assets			106,521	102,906
Funds ofthe charity Restricted funds			1,710	9,474
Unrestricted funds			104,811	93,432
Total charity funds		22	106,521	102,906

				Unrestricted	Total Funds	Unrestricted	Total Funds
				Funds	2022	Funds	2021
					2		2
	Sale of purchased		goods	21,306	21,306	2,208	2,208
	Other Income			1,974	1,974	4,517	4,517
				23,280	23,280	6,725	6,725
7.	Investment	income
				Unrestricted	Total Funds	Unrestricted	Total Funds
				Funds	2022	Funds	2021
				2	2		2
	Income from	other	investments	826	826	528	528
8.	Costs ofother trading activities
				Unrestricted	Total Funds	Unrestricted	Total Funds
				Funds	2022	Funds	2021
				2	2	2
	Costs of goods sold			6,022	6,022	4,200	4,200

Expenditur	e on charitable activities	by fund type
		Unrestricted	Restricted	Total	Funds
		Funds	Funds		2022
		2	2		2
Charitable activities Support costs		5,009 22,117	47,721		52,730 22,117
		27,126	47,721		74,847
		Unrestricted	Restricted	Total Funds
		Funds	Funds		2021
		2			2
Charitable	activities	21,663	89,408	111,071
Support costs		25,625	600		26,225
		47,288	90,008	137,296

Expenditur	e on charitable ac	tivities by activity typ	e
		Activities
		undertaken		Total funds	Total fund
		directly	Support costs	2022	2021
			2	2
Charitable	activities	52,730	22,117	74,847	137,296

Analysis ofsupp	ort costs
		Charitable
		activities	Total 2022	Total 2021
		2	2	2
Premises		13,269	13,269	13,665
Communications	and IT			383
General office		2,489	2,489	2,438
Finance costs		839	839	1,109
Professional fees				3,100
Accountancy Depreciation Advertising Cleaning		894 800 461 3,365	894 800 461 3,365	1,939 1,067 1,190 l,344
		22,117	22,117	26,235

Yea	r ended 30	April 202	2
12.	Net income
	Net income is stated after		charging/(crediting):
							2022	2021
	Depreciation	of tangible fixed		assets			800	1,067
13.	Independent	examination	fees
							2022	2021
							2
	Fees payable	to the independent			examiner for:
	Independent	examination	of the financial			statements	894	1,939
14.	Staff costs
	The total staff costs and employee				benefits for the reporting		period are analysed as follows:
							2022	2021
	Wages and salaries						32,080	46,218
	The average	head count	of employees			during the year was 2 (2021:2).The average		number	of
	full-time equivalent employees			during the year is analysed as follows:
							2022	2021
							No.	No.
	Museum staff						2		2

Yea	r ended 30April 2022
17.	Tangible fixed assets
		Fixtures and
		fittings	Equipment	Total
		2	2
	Cost
	At 1 May 2021 and 30April 2022	12,715	3,348	16,063
	Depreciation At 1 May 2021 Charge forthe year	9,872 711	2,991 89	12,863 800
	At 30 April 2022	10,583	3,080	13,663
	Carrying amount At 30 April 2022	2,132	268	2,400
	At 30 April 2021	2,843	357	3,200
18.	Stocks
			2022	2021
			2
	Stock		2,561	4,121
19.	Debtors
			2022	2021
				2
	Trade debtors		650
	Other debtors			640
			650	640
20.	Creditors: amounts falling due within one year
			2022	2021
	Trade creditors		1,080	6,409
	Accruals and deferred income		882	840
	Social security and other taxes Other creditors		342 112	49 42
			2,416	7,340

Analysis o Restricted	fcharitable funds	funds (r.orrrrrruerr)
		At				At
		1 May 2021	Income	Expenditure	Transfers 30Apnl 2022 2
Reveal the	Past
Bedfellows	Project	899		(1,245)	2,056	1,710
SOS Collection		8,575			(8,575)
Worcester	Municipal
Charities			33,154	(33,154)
Sinking fund			13,322	(13,322)
		9,474	46,476	(47,721)	(6,519)	1,710
		At				At
		1 May 2020 2	Income	Expenditure	Transfers 2	30 April 2021 2
Reveal the	Past		24,680	(49,048)	24,368
Bedfellows Project SOS Collection			13,500	(4,925)	899	899 8,575
Worcester	Municipal
Charities			36,035	(36,035)
Sinking fund
			74,215	(90,008)	25,267	9,474

Analysis ofnet assets between funds	Analysis ofnet assets between funds
		Unrestricted	Restricted	Total Funds
		Funds	Funds	2022
		f		2
Tangible fixed assets		2,400		2,400
Current assets		104,827	1,710	106,537
Creditors less than	1 year	(2,416)		(2,416)
Net assets		104,811	1,710	106,521
		Unrestricted	Restricted	Total Funds
		Funds	Funds	2021
Tangible fixed assets		3,200		3,200
Current assets		97,572	9,474	107,046
Creditors less than	1 year	(7,340)		(7,340)
Net assets		93,432	9,474	102,906