2022-03-31-accounts - The Story Museum

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		Page
Trustees' Annual Report		1-10
Independent Auditor's	Report	11-13
Statement of Financial	Activities	14
Balance Sheet		15
Statement ofCash Flows		16
Notes to the Accounts		17-26

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				Charity	Group	Charity	Group
			Note	2022	2022	2021	2021
					f.		f
Fixed Assets
Tangible assets				6,691,245	6,691,245	7,025,826	7,025,826
Intangible				125	125	125	125
				6,691,370	6,691,370	7,025,951	7,025,951
Current Assets
Stocks Debtors			10	18,105 105,676	18,105 67,597	20,379 451,598	20,379 453,680
Cash at bank and	in	hand		290,644	339,223	381,206	386,059
Creditors: amounts		fatling due		414,425	424,925	853,183	860,118
within one year				(172,608)	(180,020)	(367,065)	(372466)
Net Current (Liabilities) IAssets				241,817	244,905	486,118	487,652
Long term liabilities				(235,000)	(235,000)	(412,054)	(412,054)
Net Assets				6,698,187	6,701,275	7,100,015	7,101,549
Funds
Restricted income	funds		13	23,408	23,408
Unrestricted
Designated funds			14	6,691,370	6,691,370	7,087,951	7,087,951
General funds			14	(16,591)	(13,503)	12,064	13,598
Total funds				6,698,187	6,701,275	7,100,015	7,101,549

							2022	2021
								E
Cash flows from operating activities:
Net cash provided by operating	activities						(38,624)	280,799
Cash flows from investing activities:
Purchase of property, plant and	equipment						(8,212)	(175,699)
Net cash (used in) investing activities							(8,212)	(175,699)
Change in cash and cash equivalents		in the	reporting	period			(46,836)	105,100
Cash and cash equivalents at	the beginning		ofthe reporting		period		386,059	280,959
Cash and cash equivalents at	the end	ofthe	reporting	period			339,223	386,059
Reconciliation of net movement in funds to			net cashflow from operating				activities
Net movement in funds for the reporting		period	(as per the Statement			of
Financial Activities)							(400,274)	549,679
Adjustments for:
Depreciation charges							342,793	328,128
(Increase) in stock							2,274	1,433
Decrease/(increase) in debtors							386,083	(238,671)
Increase/(decrease) in creditors							(369,500)	(359,770)
Net cash provided by operating	activities						(38,624)	280,799

Donations
					2022f	2021 f
Government grants receivable					33,916	239,618
Grants —Arts Council England
Arts Council	Funding —National	Portfolio	Organisations		178,220	178,220
Arts Council	Capital grant (Chapter 2)					90,019
Cultural Capital Kickstart Fund						163,965
Arts Council	Emergency Response Fund:		National	Portfolio		210,797
Government's	Cultural Recovery Fund				255,000	170,000
Grants —National	Lottery Heritage	Fund			142	108,679
Grants -Oxfordshire County Council/Oxford			City Council		77,800	41,285
Other grants and	donations				216,179	575,173
					761,257	1,777,756

3.	Income from charitable	Income from charitable	Income from charitable		activities	activities
										2022	2021f
	Cafh income									96,839	12,191
	Retailing									78,283	15,388
	Rent and room hire									43,873	21,625
	Ticketed events Schools programme and Corporate sponsorship			teacher training						327,491 51,25'I 1,200	37,693 1,846 8,600
	Consultancy									1,000	400
										599,937	97,743
4.	Expenditure	on raising		funds
										2022	2021
	Fundraising Staff costs	services	and	expenses						5,967 99,348	9,498 84,714
										'l05,315	94,212
5.	Expenditure	on charitable			activities
										2022	2021
											F
	Professional	fees and	expenses			relating to	outreach,	exhibitions
	and events	programme,		and trading						268,500	100,053
	Staff costs relating to		outreach,			exhibitions	and events programme,
	and trading									564,397	425,281
	Professional	fees and	expenses			relating to	museum	building	development		20,255
										832,897	545,589
	Support costs (note 6)									823,256	686,019
										1,656,153	1,231,608

Support costs
				2022	2021
Staff costs				208,807	176,608
Depreciation				342,792	328,128
Office, marketing	and	professional	costs	262,464	174,496
Governance costs (note 7)				9,193	6,787
				823,256	686,019
Governance costs
				2022	2021
Auditor's remuneration		—audit services		5,950	5,950
Board meetings				3,243	837
				9,193	6,787

			2022	2021
Salaries			756,162	635,431
National	insurance		54,893	39,854
Employer's		pension	13,590	11,318
			824,645	686,603

Tangible assets
	Leasehold	Long Leasehold	Equipment	Museum	Total
	Improvements	Property		Flout
		E			f
Cost
At 31st March 2021	4,669,560	2,190,000	161,923	632,819	7,654,302
Additions			5,739	2,473	8,212
At 31st March 2022	4,669,560	2,190,000	167,662	635,292	7,662,514
Depreciation
At 31stMarch 2021	393,925	18,099	111,815	104,637	628,476
Charge for the period	186,783	18,099	26,580	111,331	342,793
At 31st March 2022	580,708	36,198	138,395	215,968	971,269
Net book value
At 31st March 2022	4,088,852	2,153,802	29,267	419,324	6,691,245
At 31stMarch 2021	4,275,635	2,171,901	50,108	528,182	7,025,826

10.	Debtors
				Charity	Group	Charity	Group
				2022	2022	2021	2021
					E	E	E
	Trade debtors			7,736	16,156	1,895	2,536
	Donations/grants	receivable		34,000	34,000	333,801	333,801
	Prepayments			3,324	3,324
	VAT debtor					27,013	28,454
	Due from subsidiary			46,499
	Other debtors			14,117	14,117	88,889	88,889
				105,676	67,597	451,598	453,680
11.	Creditors: Amounts		falling due within one year

	Charity	Group	Charity	Group
	2022	2022f	2021	2021 E
Trade creditors	50,033	50,081	141,151	141,151
Other creditors	3,200	3,200	3,200	3,200
VAT creditor	7,647	10,674
Deferred income	60,724	65,060	29,951	33,851
Pension creditor	2,684	2,684	2,031	2,031
Accruals	25,119	25,120	9,332	10,833
Loan from Arts Impact Fund	23,201	23,201	181,400	181,400
	172,608	180,020	367,065	372,466

			Charity	Group	Charity	Group
			2022	2022f	2021 f	2021 E
Loan	from	Arts Impact Fund			177,054	177,054
Loans	from	Trustees and other related parties	235,000	235,000	235,000	235,000
			235,000	235,000	412,054	412,054

Restricted funds
2022		At 1st				At 31st
		Ap!'il 2021 f	income	Expenditure	Transfers	March 2022 f.
Programme, Learning	and
Participation projects			121,495	(98,087)		23,408
Statutory grants			109,592	(109,592)
Total Restricted Funds			231,087	(207,679)		23,408
2021		At 1st				At 31st
		April 2020	Income	Expenditure	Transfers	INarch 2021
			F	F		E
Programme, Learning	and
Participation projects		10,001	76,650	(83,851)	(2,800)
Capital projects
Chapter 2			473,768	(27,785)	(445,983)
Total Restricted Funds		10,001	550,418	(111,636)	(448,783)

Unrestricted	funds	funds
2022			At 1st				At 31st
			April 2021	Income E	Expenditure f.	Transfers	March 2022 f
Designated:
-long leasehold		property
and property		improvements	6,447,661		(342,793)	8,212	6,113,080
-other fixed assets			578,290				578,290
-Maintenance		Reserve	62,000			(62,000)
			7,087,951		(342,793)	(53,788)	6,691,370
General funds			13,598	1,130,107	(1,210,996)	53,788	(13,503)
			7,101,549	1,130,107	(1,553,789)		6,677,867
2021			At 1st				At 31st
			April 2020 E	Income	Expenditure F	Transfers f	March 2021
Designated:
-long leasehold		property
and property	improvements		6,562,614		(201,422)	86,469	6,447,661
-other fixed assets			615,766		(126,706)	89,230	578,290
-Chapter 2			(618,454)			618,454
-Maintenance	Reserve					62,000	62,000
			6,559,926		(328,128)	856,153	7,087,951
General funds			(18,057)	1,325,081	(886,056)	(407,370)	13,598
			6,541,869	1,325,081	(1,214,184)	448,783	7,101,549

	Unrestricted	Restricted
	Funds	Funds	Total
2022	E	f	f
Fixed assets	6,691,370		6,691,370
Net current assets/(liabilities)	221,497	23,408	244,905
Long term liabilities	(235,000)		(235,000)
	6,677,867	23,408	6,701,275
	Unrestricted	Restricted
	Funds	Funds	Total
	f
2021
Fixed assets	7,025,951		7,025,951
Net current assets/(liabilities)	487,652		487,652
Long term liabilities	(412,054)		(412,054)
	7,101,549		7,101,549

which delivers the schools programme and teac 31stMarch 2022 is set out below:	her training. A summary ofthe results for the	period ended
	2022	2021
Income	49,351	1,846
Expenditure	(46,263)	(312)
Profit for the period	3,088	1,534
Assets	56,999	6,935
Liabilities	(53,910)	(5,400)
Net assets	3,089	1,535