| Page | |||
|---|---|---|---|
| Report ofthe Trustees | 1 | to | 6 |
| Statement ofTrustees' Responsibilities | |||
| Report ofthe Independent Auditors |
8 | to | 10 |
| Statement ofFinancial Activities | |||
| Balance Sheet | 12 | to | 13 |
| Notes to the Financial Statements | 14 | to | 22 |
| 2020 | 2019 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||
| fund | funds | funds | funds | ||||
| Notes | |||||||
| INCOME | AND ENDOWMENTS FROM | ||||||
| Donations | and legacies | 51,122 | 51,122 | 96,878 | |||
| Charitable | activities | ||||||
| Charitable | activities | 89,600 | 89,600 | 47,500 | |||
| Other trading activities | 149,007 | 38,000 | 187,007 | 206,079 | |||
| Investment | income | 71 | 71 | 142 | |||
| Total | 289,800 | 38,000 | 327,800 | 350,599 | |||
| EXPENDITURE ON | |||||||
| Raising funds | 26,536 | 26,536 | 36,689 | ||||
| Charitable | activities | ||||||
| Charitable | activities | 178,907 | 140,248 | 319,155 | 356,307 | ||
| Other | 2,886 | 2,886 | 4,660 | ||||
| Total | 208,329 | 140,248 | 348,577 | 397,656 | |||
| NET INCOME/(EXPENDITURE) | 81,471 | (102,248) | (20,777) | (47,057) | |||
| RECONCILIATION | OFFUNDS | ||||||
| Total funds brought forward | 166,498 | 4,082,203 | 4,248,701 | 4,295,758 | |||
| TOTAL FUNDS CARRIED FORWARD | 247,969 | 3,979,955 | 4,227,924 | 4,248,701 |
| 2020 | 2019 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| fund | funds | funds | funds | ||
| Notes | |||||
| FIXEDASSETS | |||||
| Tangible assets | 43,397 | 4,185,117 | 4,228,514 | 4,347,896 | |
| CURRENT ASSETS | |||||
| Stocks | 9 | 26,865 | 26,865 | 26,885 | |
| Debtors | 10 | 13,704 | 38,000 | 51,704 | 105,474 |
| Cash at bank and in hand | 219,143 | 87,577 | 306,720 | 158,780 | |
| 259,712 | 125,577 | 385,289 | 291,139 | ||
| CREDITORS | |||||
| Amounts falling due within one year |
11 | (23,407) | (62,472) | (85,879) | (90,334) |
| NET CURRENT ASSETS | 236,305 | 63,105 | 299,410 | 200,805 | |
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 279,702 | 4,248,222 | 4,527,924 | 4,548,701 | |
| CREDITORS | |||||
| Amounts falling due after more than one year |
12 | (31,733) | (268,267) | (300,000) | (300,000) |
| NET ASSETS | 247,969 | 3,979,955 | 4,227,924 | 4,248,701 | |
| FUNDS | |||||
| Unrestricted funds |
247,969 | 166,498 | |||
| Restricted funds | 3,979,955 | 4,082,203 | |||
| TOTAL FUNDS | 4,227,924 | 4,248,701 |
| OTHE | R TRADING ACTIVITIES | ||
|---|---|---|---|
| 2020 | 2019 | ||
| Museum | visitor income | 65,831 | 121,908 |
| Retail income | 53,803 | 71,020 | |
| Village | hall income | 260 | 2,458 |
| Other income | 67,113 | 10,693 | |
| 187,007 | 206,079 |
| 2020 | 2019 | |||
|---|---|---|---|---|
| Deposit | account | interest | 71 | 142 |
| 2020 | 2019 | |||
|---|---|---|---|---|
| Auditors' | remuneration | 3,000 | 2,300 | |
| Depreciation | - owned assets | 129,873 | 128,252 |
| 2020 | 2019 | |
|---|---|---|
| Support | 5 | 5 |
| Administrators | 2 | 2 |
| 7. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES | |
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | |||
| fund | funds | funds | |||
| INCOME AND ENDOWMENTS FROM | |||||
| Donations and legacies |
95,641 | 1,237 | 96,878 | ||
| Charitable activities |
|||||
| Charitable activities |
47,500 | 47,500 | |||
| Other trading activities | 206,079 | 206,079 | |||
| Investment income |
142 | 142 | |||
| Total | 301,862 | 48,737 | 350,599 | ||
| EXPENDITURE ON | |||||
| Raising funds | 36,689 | 36,689 | |||
| Charitable activities |
|||||
| Charitable activities |
266,030 | 90,277 | 356,307 | ||
| Other | 4,660 | 4,660 | |||
| Total | 307,379 | 90,277 | 397,656 | ||
| NET INCOME/(EXPENDITURE) | (5,517) | (41,540) | (47,057) | ||
| RECONCILIATION | OF FUNDS | ||||
| Total funds brought | forward | 172,015 | 4,123,743 | 4,295,758 | |
| TOTAL FUNDS CARRIED FORWARD | 166,498 | 4,082,203 | 4,248,701 |
| TANGIBLE FIXEDASSETS | ||||
|---|---|---|---|---|
| Fixtures | ||||
| Freehold | Plant and | and | ||
| property | machinery | fittings | Totals | |
| COST | ||||
| At 1 January 2020 | 4,568,852 | 45,121 | 150,331 | 4,764,304 |
| Additions | 10,491 | 10,491 | ||
| At 31December 2020 | 4,568,852 | 45,121 | 160,822 | 4,774,795 |
| DEPRECIATION | ||||
| At 1 January 2020 | 293,458 | 31,242 | 91,708 | 416,408 |
| Charge for year | 90,277 | 8,000 | 31,596 | 129,873 |
| At 31December 2020 | 383,735 | 39,242 | 123,304 | 546,281 |
| NET BOOKVALUE | ||||
| At 31December 2020 | 4,185,117 | 5,879 | 37,518 | 4,228,514 |
| At 31December 2019 | 4,275,394 | 13,879 | 58,623 | 4,347,896 |
| STOCKS | ||
|---|---|---|
| 2020 | 2019 | |
| Stocks | 26,865 | 26,885 |
| 10. | DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
|---|---|---|---|
| 2020 | 2019 | ||
| Trade debtors | 150 | ||
| Other debtors | 547 | ||
| Prepayments and accrued income |
51,554 | 104,927 | |
| 51,704 | 105,474 | ||
| 11. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
| 2020 | 2019 | ||
| Trade creditors | 3,163 | 9,651 | |
| Social security and other taxes | 10,381 | 4,194 | |
| Other creditors | 11,983 | ||
| Accruals and deferred income | 72,335 | 64,506 | |
| 85,879 | 90,334 | ||
| 12. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||
| 2020 | 2019 | ||
| Other loans (see note 13) | 300,000 | 300,000 | |
| 13. | LOANS | ||
| An analysis ofthe maturity ofloans is given below: | |||
| 2020 | 2019 | ||
| Amounts falling due between two and five years: |
|||
| Other loans - 2-5 years | 300,000 | 120,000 | |
| Amounts falling due in more than five years: |
|||
| Repayable by instalments: |
|||
| Other loans more 5yrs instal | 180,000 |
| MOVEMENT IN FU | NDS | ||||
|---|---|---|---|---|---|
| Net | |||||
| movement | At | ||||
| At 1/1/20 | in funds | 31/12/20 | |||
| Unrestricted funds |
|||||
| General fund | 166,498 | 81,471 | 247,969 | ||
| Restricted funds | |||||
| Museum Restricted Fund | 4,014,626 | (90,276) | 3,924,350 | ||
| HLF Project Restricted | Fund | 47,500 | (11,972) | 35,528 | |
| Children's Playground |
Restricted | Fund | 20,077 | 20,077 | |
| 4,082,203 | (102,248) | 3,979,955 | |||
| TOTAL FUNDS | 4,248,701 | (20,777) | 4,227,924 | ||
| Net movement in funds, included |
in the above are as follows: | ||||
| Incoming | Resources | Movement | |||
| resources | expended | in funds | |||
| Unrestricted funds |
|||||
| General fund | 289,800 | (208,329) | 81,471 | ||
| Restricted funds | |||||
| Museum Restricted Fund | (90,276) | (90,276) | |||
| HLF Project Restricted | Fund | 38,000 | (49,972) | (11,972) | |
| 38,000 | (140,248) | (102,248) | |||
| TOTAL FUNDS | 327,800 | (348,577) | (20,777) |
| Net | |||||
|---|---|---|---|---|---|
| movement | At | ||||
| At 1/1/19 | in funds | 31/12/19 | |||
| Unrestricted funds |
|||||
| General fund | 172,015 | (5,517) | 166,498 | ||
| Restricted funds | |||||
| Museum Restricted Fund | 4,104,903 | (90,277) | 4,014,626 | ||
| HLF Project Restricted | Fund | 47,500 | 47,500 | ||
| Children's Playground |
Restricted Fund | 18,840 | 1,237 | 20,077 | |
| 4,123,743 | (41,540) | 4,082,203 | |||
| TOTAL FUNDS | 4,295,758 | (47,057) | 4,248,701 | ||
| Comparative net movement |
in funds, included | in the above are as follows: | |||
| Incoming | Resources | Movement | |||
| resources | expended | in funds | |||
| Unrestricted funds |
|||||
| General fund | 301,862 | (307,379) | (5,517) | ||
| Restricted funds | |||||
| Museum Restricted Fund |
(90,277) | (90,277) | |||
| HLF Project Restricted | Fund | 47,500 | 47,500 | ||
| Children's Playground |
Restricted Fund | 1,237 | 1,237 | ||
| 48,737 | (90,277) | (41,540) | |||
| TOTAL FUNDS | 350,599 | (397,656) | (47,057) |