## |||Page| |---|---|---| |Trustees'
Annual
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I-| ## |||||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| |13.|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)|| |14.|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|