**WALLINGFORD MUSEUM Company No 5597310; Registered Charity No 1113236** ## **Annual Report 2023** **1.0 Scope of this Report:** As agreed at the 2008 AGM, the Annual report covers in outline the year from the last AGM, ie until September 2023 rather than just the trading year which ended 30 November 2022. ## **2.0 Report for year ending 30[th] November 2022** **2.1 Visitors** This was the first year since Covid that the Museum could be open all year although we did keep one room closed due to restricted ventilation. The numbers showed a good recovery, especially the number of group visits. ||**2022**|**2021**
**From**
**22/06**|**2020**|**2019**|**2018**|**2017**|**2016**|**2015**|**2014**|**2013**|**2012**|**2011**| |---|---|---|---|---|---|---|---|---|---|---|---|---| |**Adults**|1718|1519|119|2130|1746|1847|1955|2057|2163|1823|1542|1981| |**Children**|698|291|88|578|446|470|523|703|912|431|486|859| |**Second**
**hand**
**Book**
**visitors**|665|542|286|1159|1031|907|947|918|1028|1066|1065|1167| |**No**
**of**
**groups**
**(inc**
**schools)**|17|6|2|10|10|12|15|14|13|7|11|21| ## **2.2 Exhibitions etc** The special exhibition entitled ‘Caring for the Sick of Wallingford’ was again retained although small changes were made to some other areas including the addition of QR codes on the castle model to help with explanations. A special Creative Workshop (Big Art Day) was organised and held in August but, unfortunately, despite over 4400 hits on Facebook, it was not well supported. This was a shame as so much work had gone into its organisation. However, a ‘Fabulous Fossils’ day, run in conjunction with the Oxford Geology Trust and held in September was very successful with over 110 visitors. The museum has benefited from local expertise in upgrading the computer system which has been rationalised with the intention of making remote access easier. This will allow the archive recorded on Modes as well as research documents to be worked on, initially by our members although eventually it is planned for the public to have access. The 42 year old gas central heating boiler was replaced with a modern gas boiler. This required Listed Building Consent which was granted by September. Flint House was repainted externally by the Town Council which has greatly improved its appearance. ## **2.4 Board Matters** In 2022 the full Board/Committee met (sometimes by Zoom) on 9 occasions. The Company AGM covering the period was conducted by Zoom with the re-election of Katharine Keats Rohan and Berenice Pedgley confirmed for a further period. ## **3.0 Update for 2023** The special exhibition for 2023 was themed on our built heritage and called ‘ _The House Detectives – History Behind the Door’_ which looks at ten buildings in Wallingford and explores the lives of the occupants. There is also a section on the history of TWHAS which is 50 years old **!** Wallingford Town Council had earlier commissioned a life-sized statue of Agatha Christie sitting on a bench and this was unveiled, in conjunction with the Museum, in September 2023. Located opposite the Museum the ceremony, together with a weekend of events, was widely reported in the press which created much public interest with a corresponding increase in visitor numbers. Although the Museum had agreed not to increase entrance charges for 2023 (which had remained the same since 2016) due to the rising cost of living, the increase in visitors has provided a welcome boost to the finances. _Stephen Capel-Davies; Chairman, Wallingford Museum_ _September 2023_ **REGISTERED COMPANY NUMBER: 05597310 (England and Wales) REGISTERED CHARITY NUMBER: 1113236** ## **REPORT OF THE TRUSTEES AND** **UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2022** ## **FOR** ## **WALLINGFORD MUSEUM** David Mitchell & Co. 4 The Pound Cholsey Oxfordshire OX10 9NS **WALLINGFORD MUSEUM** ## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2022** ||**Page**| |---|---| |**Report of the Trustees**|1 to 2| |**Independent Examiner's Report**|3| |**Statement of Financial Activities**|4| |**Balance Sheet**|5 to 6| |**Notes to the Financial Statements**|7 to 13| |**Detailed Statement of Financial Activities**|14 to 15| ## **WALLINGFORD MUSEUM** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 NOVEMBER 2022** The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 November 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). ## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document** The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. ## **REFERENCE AND ADMINISTRATIVE DETAILS** ## **Registered Company number** 05597310 (England and Wales) ## **Registered Charity number** 1113236 ## **Registered office** 52 High Street Wallingford Oxfordshire OX10 0DB ## **Trustees** S C Capel-Davies J A Carpenter J M Dewey B Pedgley L A Wilder K S B Keats-Rohan S Wright ## **Company Secretary** ## **Independent Examiner** David Mitchell & Co. 4 The Pound Cholsey Oxfordshire OX10 9NS Approved by order of the board of trustees on ............................................. and signed on its behalf by: Page 1 **WALLINGFORD MUSEUM** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 NOVEMBER 2022** ............................................................ S C Capel-Davies - Trustee Page 2 **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF WALLINGFORD MUSEUM** ## **Independent examiner's report to the trustees of Wallingford Museum ('the Company')** I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 November 2022. ## **Responsibilities and basis of report** As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act. ## **Independent examiner's statement** I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: 1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)). I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Robert Oakes CTA David Mitchell & Co. 4 The Pound Cholsey Oxfordshire OX10 9NS Date: ............................................. Page 3 ## **WALLINGFORD MUSEUM** ## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 NOVEMBER 2022** |**30.11.22**
**Unrestricted**
**fund**
Notes
**£**
**INCOME AND ENDOWMENTS**
**FROM**
Donations and legacies
**56,054**
Other trading activities
2
**12,543**
Investment income
3
**362**
**Total**
**68,959**
**EXPENDITURE ON**
Raising funds
4
**21,204**
**NET INCOME/(EXPENDITURE)**
**47,755**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**193,097**
**TOTAL FUNDS CARRIED**
**FORWARD**
**240,852**|30.11.21
Total
funds
£
15,750
4,317
12
20,079
31,607
(11,528)
204,625
193,097| |---|---| The notes form part of these financial statements Page 4 ## **WALLINGFORD MUSEUM** ## **BALANCE SHEET 30 NOVEMBER 2022** |**30.11.22**
**Unrestricted**
**fund**
Notes
**£**
**FIXED ASSETS**
Tangible assets
8
**68,439**
**CURRENT ASSETS**
Stocks
9
**1,258**
Debtors
10
**444**
Cash at bank and in hand
**171,042**
**172,744**
**CREDITORS**
Amounts falling due within one year
11
**(331)**
**NET CURRENT ASSETS**
**172,413**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**240,852**
**NET ASSETS**
**240,852**
**FUNDS**
12
Unrestricted funds
**240,852**
**TOTAL FUNDS**
**240,852**|30.11.21
Total
funds
£
69,076
1,149
419
122,753
124,321
(300)
124,021
193,097
193,097
193,097
193,097| |---|---| The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2022. The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2022 in accordance with Section 476 of the Companies Act 2006. The notes form part of these financial statements Page 5 continued... ## **WALLINGFORD MUSEUM** ## **BALANCE SHEET - continued 30 NOVEMBER 2022** The trustees acknowledge their responsibilities for - (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and - (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by: ............................................. S C Capel-Davies - Trustee ............................................. - J A Carpenter - Trustee ............................................. - J M Dewey - Trustee The notes form part of these financial statements Page 6 **WALLINGFORD MUSEUM** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2022** ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. ## **Tangible fixed assets** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. |Plant and machinery|- 25% on reducing balance| |---|---| |Computer equipment|- 25% on reducing balance| ## **Stocks** Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. ## **Taxation** The charity is exempt from corporation tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. continued... Page 7 **WALLINGFORD MUSEUM** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 NOVEMBER 2022** ## **1. ACCOUNTING POLICIES - continued** ## **Fund accounting** Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **2. OTHER TRADING ACTIVITIES** |**2.**|**OTHER TRADING ACTIVITIES**||| |---|---|---|---| |||**30.11.22**|30.11.21| |||**£**|£| ||Fundraising events|**11,079**|3,077| ||Shop income|**1,464**|1,240| |||**12,543**|4,317| ||||| |**3.**|**INVESTMENT INCOME**||| |||**30.11.22**|30.11.21| |||**£**|£| ||Deposit account interest|**362**|12| ||||| |**4.**|**RAISING FUNDS**||| ||**Raising donations and legacies**||| |||**30.11.22**|30.11.21| |||**£**|£| ||Rent and rates|**5,351**|5,098| ||Insurance|**760**|714| ||Light and heat|**3,068**|4,423| ||Telephone|**456**|387| ||Sundries|**1,022**|934| ||Displays and collections|**996**|17,138| ||Maintenance|**5,890**|590| ||Administrative expenses|**1,677**|648| ||Depreciation|**637**|850| ||Support costs|**330**|-| |||**20,187**|30,782| continued... Page 8 ## **WALLINGFORD MUSEUM** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 NOVEMBER 2022** ## **5. NET INCOME/(EXPENDITURE)** Net income/(expenditure) is stated after charging/(crediting): ||**30.11.22**|30.11.21| |---|---|---| ||**£**|£| |Depreciation - owned assets|**637**|850| ## **6. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 30 November 2022 nor for the year ended 30 November 2021. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 30 November 2022 nor for the year ended 30 November 2021. ## **7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES** ||Unrestricted| |---|---| ||fund| ||£| |**INCOME AND ENDOWMENTS FROM**|| |Donations and legacies|15,750| |Other trading activities|4,317| |Investment income|12| |**Total**|20,079| |**EXPENDITURE ON**|| |Raising funds|31,607| |**NET INCOME/(EXPENDITURE)**|(11,528)| |**RECONCILIATION OF FUNDS**|| |**Total funds brought forward**|204,625| |**TOTAL FUNDS CARRIED**|| |**FORWARD**|193,097| continued... Page 9 ## **WALLINGFORD MUSEUM** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 NOVEMBER 2022** ## **8. TANGIBLE FIXED ASSETS** |**8.**|**TANGIBLE FIXED ASSETS**|||||| |---|---|---|---|---|---|---| |||Improvements||||| |||to||Plant and|Computer|| |||property||machinery|equipment|Totals| |||£||£|£|£| ||**COST**|||||| ||At 1 December 2021 and|||||| ||30 November 2022|**76,421**||**3,018**|**1,517**|**80,956**| ||**DEPRECIATION**|||||| ||At 1 December 2021|**9,896**||**1,320**|**664**|**11,880**| ||Charge for year||**-**|**424**|**213**|**637**| ||At 30 November 2022|**9,896**||**1,744**|**877**|**12,517**| ||**NET BOOK VALUE**|||||| ||At 30 November 2022|**66,525**||**1,274**|**640**|**68,439**| |||||||| ||At 30 November 2021|66,525||1,698|853|69,076| |||||||| |**9.**|**STOCKS**|||||| ||||||**30.11.22**|30.11.21| ||||||**£**|£| ||Stocks||||**1,258**|1,149| |||||||| |**10.**|**DEBTORS: AMOUNTS FALLING**|**DUE WITHIN**||**ONE YEAR**||| ||||||**30.11.22**|30.11.21| ||||||**£**|£| ||Prepayments and accrued income||||**444**|419| continued... Page 10 ## **WALLINGFORD MUSEUM** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 NOVEMBER 2022** |**11.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|| |---|---|---|---|---| ||||**30.11.22**|30.11.21| ||||**£**|£| ||Trade creditors||**1**|-| ||Other creditors||**330**|300| ||||**331**|300| |**12.**|**MOVEMENT IN FUNDS**|||| ||||Net|| |||At|movement|At| |||1.12.21|in funds|30.11.22| |||£|£|£| ||**Unrestricted funds**|||| ||General fund|**193,097**|**47,755**|**240,852**| ||**TOTAL FUNDS**|**193,097**|**47,755**|**240,852**| |||||| ||Net movement in funds, included in the above|are as follows:||| |||Incoming|Resources|Movement| |||resources|expended|in funds| |||£|£|£| ||**Unrestricted funds**|||| ||General fund|**68,959**|**(21,204)**|**47,755**| ||**TOTAL FUNDS**|**68,959**|**(21,204)**|**47,755**| |||||| ||**Comparatives for movement in funds**|||| ||||Net|| |||At|movement|At| |||1.12.20|in funds|30.11.21| |||£|£|£| ||**Unrestricted funds**|||| ||General fund|204,625|(11,528)|193,097| ||**TOTAL FUNDS**|204,625|(11,528)|193,097| continued... Page 11 ## **WALLINGFORD MUSEUM** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 NOVEMBER 2022** ## **12. MOVEMENT IN FUNDS - continued** Comparative net movement in funds, included in the above are as follows: ||Incoming|Resources|Movement| |---|---|---|---| ||resources|expended|in funds| ||£|£|£| |**Unrestricted funds**|||| |General fund|20,079|(31,607)|(11,528)| |**TOTAL FUNDS**|20,079|(31,607)|(11,528)| ||||| |A current year 12 months and prior year 12 months combined position is as follows:|||| |||Net|| ||At|movement|At| ||1.12.20|in funds|30.11.22| ||£|£|£| |**Unrestricted funds**|||| |General fund|204,625|36,227|240,852| |**TOTAL FUNDS**|204,625|36,227|240,852| ||||| |A current year 12 months and prior year|12 months combined|net movement in fund|| |included in the above are as follows:|||| ||Incoming|Resources|Movement| ||resources|expended|in funds| ||£|£|£| |**Unrestricted funds**|||| |General fund|89,038|(52,811)|36,227| |**TOTAL FUNDS**|89,038|(52,811)|36,227| A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: continued... Page 12 **WALLINGFORD MUSEUM** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 NOVEMBER 2022** ## **13. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 30 November 2022. Page 13 ## **WALLINGFORD MUSEUM** ## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 NOVEMBER 2022** |**FOR THE YEAR ENDED 30 NOVEMBER 2022**||| |---|---|---| ||30.11.22|30.11.21| ||£|£| |**INCOME AND ENDOWMENTS**||| |**Donations and legacies**||| |Gifts|**-**|(3)| |Donations|**50,954**|3,372| |Gift aid|**850**|381| |Grants|**4,000**|12,000| |Miscellaneous receipts|**250**|-| ||**56,054**|15,750| |**Other trading activities**||| |Fundraising events|**11,079**|3,077| |Shop income|**1,464**|1,240| ||**12,543**|4,317| |**Investment income**||| |Deposit account interest|**362**|12| |**Total incoming resources**|**68,959**|20,079| |**EXPENDITURE**||| |**Raising donations and legacies**||| |Rent and rates|**5,351**|5,098| |Insurance|**760**|714| |Light and heat|**3,068**|4,423| |Telephone|**456**|387| |Sundries|**1,022**|934| |Displays and collections|**996**|17,138| |Maintenance|**5,890**|590| |Administrative expenses|**1,677**|648| |Depreciation of tangible fixed assets|**637**|850| ||**19,857**|30,782| This page does not form part of the statutory financial statements Page 14 ## **WALLINGFORD MUSEUM** ## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 NOVEMBER 2022** |**FOR THE YEAR ENDED 30 NOVEMBER 2022**||| |---|---|---| ||30.11.22|30.11.21| ||£|£| |**Raising donations and legacies**||| |**Other trading activities**||| |Purchases|**1,017**|525| |**Support costs**||| |**Governance costs**||| |Accountancy and legal fees|**330**|300| |Total resources expended|**21,204**|31,607| |**Net income/(expenditure)**|**47,755**|(11,528)| This page does not form part of the statutory financial statements Page 15 **REGISTERED COMPANY NUMBER: 05597310 (England and Wales) REGISTERED CHARITY NUMBER: 1113236** ## **REPORT OF THE TRUSTEES AND** **UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2022** ## **FOR** ## **WALLINGFORD MUSEUM** David Mitchell & Co. 4 The Pound Cholsey Oxfordshire OX10 9NS **WALLINGFORD MUSEUM** ## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2022** ||**Page**| |---|---| |**Report of the Trustees**|1 to 2| |**Independent Examiner's Report**|3| |**Statement of Financial Activities**|4| |**Balance Sheet**|5 to 6| |**Notes to the Financial Statements**|7 to 13| |**Detailed Statement of Financial Activities**|14 to 15| ## **WALLINGFORD MUSEUM** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 NOVEMBER 2022** The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 November 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). ## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document** The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. ## **REFERENCE AND ADMINISTRATIVE DETAILS** ## **Registered Company number** 05597310 (England and Wales) ## **Registered Charity number** 1113236 ## **Registered office** 52 High Street Wallingford Oxfordshire OX10 0DB ## **Trustees** S C Capel-Davies J A Carpenter J M Dewey B Pedgley L A Wilder K S B Keats-Rohan S Wright ## **Company Secretary** ## **Independent Examiner** David Mitchell & Co. 4 The Pound Cholsey Oxfordshire OX10 9NS Approved by order of the board of trustees on ............................................. and signed on its behalf by: Page 1 **WALLINGFORD MUSEUM** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 NOVEMBER 2022** ............................................................ S C Capel-Davies - Trustee Page 2 **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF WALLINGFORD MUSEUM** ## **Independent examiner's report to the trustees of Wallingford Museum ('the Company')** I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 November 2022. ## **Responsibilities and basis of report** As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act. ## **Independent examiner's statement** I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: 1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)). I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Robert Oakes CTA David Mitchell & Co. 4 The Pound Cholsey Oxfordshire OX10 9NS Date: ............................................. Page 3 ## **WALLINGFORD MUSEUM** ## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 NOVEMBER 2022** |**30.11.22**
**Unrestricted**
**fund**
Notes
**£**
**INCOME AND ENDOWMENTS**
**FROM**
Donations and legacies
**56,054**
Other trading activities
2
**12,543**
Investment income
3
**362**
**Total**
**68,959**
**EXPENDITURE ON**
Raising funds
4
**21,204**
**NET INCOME/(EXPENDITURE)**
**47,755**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**193,097**
**TOTAL FUNDS CARRIED**
**FORWARD**
**240,852**|30.11.21
Total
funds
£
15,750
4,317
12
20,079
31,607
(11,528)
204,625
193,097| |---|---| The notes form part of these financial statements Page 4 ## **WALLINGFORD MUSEUM** ## **BALANCE SHEET 30 NOVEMBER 2022** |**30.11.22**
**Unrestricted**
**fund**
Notes
**£**
**FIXED ASSETS**
Tangible assets
8
**68,439**
**CURRENT ASSETS**
Stocks
9
**1,258**
Debtors
10
**444**
Cash at bank and in hand
**171,042**
**172,744**
**CREDITORS**
Amounts falling due within one year
11
**(331)**
**NET CURRENT ASSETS**
**172,413**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**240,852**
**NET ASSETS**
**240,852**
**FUNDS**
12
Unrestricted funds
**240,852**
**TOTAL FUNDS**
**240,852**|30.11.21
Total
funds
£
69,076
1,149
419
122,753
124,321
(300)
124,021
193,097
193,097
193,097
193,097| |---|---| The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2022. The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2022 in accordance with Section 476 of the Companies Act 2006. The notes form part of these financial statements Page 5 continued... ## **WALLINGFORD MUSEUM** ## **BALANCE SHEET - continued 30 NOVEMBER 2022** The trustees acknowledge their responsibilities for - (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and - (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by: ............................................. S C Capel-Davies - Trustee ............................................. - J A Carpenter - Trustee ............................................. - J M Dewey - Trustee The notes form part of these financial statements Page 6 **WALLINGFORD MUSEUM** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2022** ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. ## **Tangible fixed assets** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. |Plant and machinery|- 25% on reducing balance| |---|---| |Computer equipment|- 25% on reducing balance| ## **Stocks** Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. ## **Taxation** The charity is exempt from corporation tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. continued... Page 7 **WALLINGFORD MUSEUM** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 NOVEMBER 2022** ## **1. ACCOUNTING POLICIES - continued** ## **Fund accounting** Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **2. OTHER TRADING ACTIVITIES** |**2.**|**OTHER TRADING ACTIVITIES**||| |---|---|---|---| |||**30.11.22**|30.11.21| |||**£**|£| ||Fundraising events|**11,079**|3,077| ||Shop income|**1,464**|1,240| |||**12,543**|4,317| ||||| |**3.**|**INVESTMENT INCOME**||| |||**30.11.22**|30.11.21| |||**£**|£| ||Deposit account interest|**362**|12| ||||| |**4.**|**RAISING FUNDS**||| ||**Raising donations and legacies**||| |||**30.11.22**|30.11.21| |||**£**|£| ||Rent and rates|**5,351**|5,098| ||Insurance|**760**|714| ||Light and heat|**3,068**|4,423| ||Telephone|**456**|387| ||Sundries|**1,022**|934| ||Displays and collections|**996**|17,138| ||Maintenance|**5,890**|590| ||Administrative expenses|**1,677**|648| ||Depreciation|**637**|850| ||Support costs|**330**|-| |||**20,187**|30,782| continued... Page 8 ## **WALLINGFORD MUSEUM** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 NOVEMBER 2022** ## **5. NET INCOME/(EXPENDITURE)** Net income/(expenditure) is stated after charging/(crediting): ||**30.11.22**|30.11.21| |---|---|---| ||**£**|£| |Depreciation - owned assets|**637**|850| ## **6. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 30 November 2022 nor for the year ended 30 November 2021. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 30 November 2022 nor for the year ended 30 November 2021. ## **7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES** ||Unrestricted| |---|---| ||fund| ||£| |**INCOME AND ENDOWMENTS FROM**|| |Donations and legacies|15,750| |Other trading activities|4,317| |Investment income|12| |**Total**|20,079| |**EXPENDITURE ON**|| |Raising funds|31,607| |**NET INCOME/(EXPENDITURE)**|(11,528)| |**RECONCILIATION OF FUNDS**|| |**Total funds brought forward**|204,625| |**TOTAL FUNDS CARRIED**|| |**FORWARD**|193,097| continued... Page 9 ## **WALLINGFORD MUSEUM** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 NOVEMBER 2022** ## **8. TANGIBLE FIXED ASSETS** |**8.**|**TANGIBLE FIXED ASSETS**|||||| |---|---|---|---|---|---|---| |||Improvements||||| |||to||Plant and|Computer|| |||property||machinery|equipment|Totals| |||£||£|£|£| ||**COST**|||||| ||At 1 December 2021 and|||||| ||30 November 2022|**76,421**||**3,018**|**1,517**|**80,956**| ||**DEPRECIATION**|||||| ||At 1 December 2021|**9,896**||**1,320**|**664**|**11,880**| ||Charge for year||**-**|**424**|**213**|**637**| ||At 30 November 2022|**9,896**||**1,744**|**877**|**12,517**| ||**NET BOOK VALUE**|||||| ||At 30 November 2022|**66,525**||**1,274**|**640**|**68,439**| |||||||| ||At 30 November 2021|66,525||1,698|853|69,076| |||||||| |**9.**|**STOCKS**|||||| ||||||**30.11.22**|30.11.21| ||||||**£**|£| ||Stocks||||**1,258**|1,149| |||||||| |**10.**|**DEBTORS: AMOUNTS FALLING**|**DUE WITHIN**||**ONE YEAR**||| ||||||**30.11.22**|30.11.21| ||||||**£**|£| ||Prepayments and accrued income||||**444**|419| continued... Page 10 ## **WALLINGFORD MUSEUM** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 NOVEMBER 2022** |**11.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|| |---|---|---|---|---| ||||**30.11.22**|30.11.21| ||||**£**|£| ||Trade creditors||**1**|-| ||Other creditors||**330**|300| ||||**331**|300| |**12.**|**MOVEMENT IN FUNDS**|||| ||||Net|| |||At|movement|At| |||1.12.21|in funds|30.11.22| |||£|£|£| ||**Unrestricted funds**|||| ||General fund|**193,097**|**47,755**|**240,852**| ||**TOTAL FUNDS**|**193,097**|**47,755**|**240,852**| |||||| ||Net movement in funds, included in the above|are as follows:||| |||Incoming|Resources|Movement| |||resources|expended|in funds| |||£|£|£| ||**Unrestricted funds**|||| ||General fund|**68,959**|**(21,204)**|**47,755**| ||**TOTAL FUNDS**|**68,959**|**(21,204)**|**47,755**| |||||| ||**Comparatives for movement in funds**|||| ||||Net|| |||At|movement|At| |||1.12.20|in funds|30.11.21| |||£|£|£| ||**Unrestricted funds**|||| ||General fund|204,625|(11,528)|193,097| ||**TOTAL FUNDS**|204,625|(11,528)|193,097| continued... Page 11 ## **WALLINGFORD MUSEUM** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 NOVEMBER 2022** ## **12. MOVEMENT IN FUNDS - continued** Comparative net movement in funds, included in the above are as follows: ||Incoming|Resources|Movement| |---|---|---|---| ||resources|expended|in funds| ||£|£|£| |**Unrestricted funds**|||| |General fund|20,079|(31,607)|(11,528)| |**TOTAL FUNDS**|20,079|(31,607)|(11,528)| ||||| |A current year 12 months and prior year 12 months combined position is as follows:|||| |||Net|| ||At|movement|At| ||1.12.20|in funds|30.11.22| ||£|£|£| |**Unrestricted funds**|||| |General fund|204,625|36,227|240,852| |**TOTAL FUNDS**|204,625|36,227|240,852| ||||| |A current year 12 months and prior year|12 months combined|net movement in fund|| |included in the above are as follows:|||| ||Incoming|Resources|Movement| ||resources|expended|in funds| ||£|£|£| |**Unrestricted funds**|||| |General fund|89,038|(52,811)|36,227| |**TOTAL FUNDS**|89,038|(52,811)|36,227| A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: continued... Page 12 **WALLINGFORD MUSEUM** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 30 NOVEMBER 2022** ## **13. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 30 November 2022. Page 13 ## **WALLINGFORD MUSEUM** ## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 NOVEMBER 2022** |**FOR THE YEAR ENDED 30 NOVEMBER 2022**||| |---|---|---| ||30.11.22|30.11.21| ||£|£| |**INCOME AND ENDOWMENTS**||| |**Donations and legacies**||| |Gifts|**-**|(3)| |Donations|**50,954**|3,372| |Gift aid|**850**|381| |Grants|**4,000**|12,000| |Miscellaneous receipts|**250**|-| ||**56,054**|15,750| |**Other trading activities**||| |Fundraising events|**11,079**|3,077| |Shop income|**1,464**|1,240| ||**12,543**|4,317| |**Investment income**||| |Deposit account interest|**362**|12| |**Total incoming resources**|**68,959**|20,079| |**EXPENDITURE**||| |**Raising donations and legacies**||| |Rent and rates|**5,351**|5,098| |Insurance|**760**|714| |Light and heat|**3,068**|4,423| |Telephone|**456**|387| |Sundries|**1,022**|934| |Displays and collections|**996**|17,138| |Maintenance|**5,890**|590| |Administrative expenses|**1,677**|648| |Depreciation of tangible fixed assets|**637**|850| ||**19,857**|30,782| This page does not form part of the statutory financial statements Page 14 ## **WALLINGFORD MUSEUM** ## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 NOVEMBER 2022** |**FOR THE YEAR ENDED 30 NOVEMBER 2022**||| |---|---|---| ||30.11.22|30.11.21| ||£|£| |**Raising donations and legacies**||| |**Other trading activities**||| |Purchases|**1,017**|525| |**Support costs**||| |**Governance costs**||| |Accountancy and legal fees|**330**|300| |Total resources expended|**21,204**|31,607| |**Net income/(expenditure)**|**47,755**|(11,528)| This page does not form part of the statutory financial statements Page 15