REGISTERED COMPANY NUMBER: 056S7914 {England and Wale81 REGISTERED CHARITY NUKfjBER.. 1114268 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 For WOODHALL SPA COThAGE MUSEUIA COMPANY UMITED BY GUARANTEE) Prepared by: J EVtt- Treasurer Independent Examination By. RJ Accountancy Lifnited Chartered Accountants Crossways verslon Avenue Woodhall Spa LN10 6SN
WOODHALL SPA COTTAGE MitsEUIA CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 PAGE Rèfèrgncè AdminislTrlNe Detals Report of th8 Trustees 2to3 Independènt Examws Rawt Statement of Financi AcEivi 8aanc8 Sh88t ltes to the Finawal Stat8fft8 7t012 stalem8nt of Actsvlbes 13to14
WOO[1HA SPA COTTAGE MUSEUIA REFERENCE AND ADMINISTRATIVE DETAJLS FOR THE YEAR ENDED 31 DECEMBER 2021 TRUSTEES HDHill J Everitt P E Duke£ox R Evis P R Groves CTJohw)n L Needham G A Noble A South¢ott NRWebb J Wilkinson COMPANY SEcRARy R Evi50 RE¢¥STERED OFFKe Ttr Bungal Idtre19b Road WrKMlhall Spa Anshi LN10 6SH ReGTEReD coANy NUMBER 05657914 IEnulwKI Walesl REGISTERED CHARITY NUMBER 1114268 INDEPENDENT exAMINER RL4)8rt Bonthll BA IFk)nsl FCA RJ AcoyJntsn¢y Llnited Crossways Atverslon Avenue WcKAthall Spa LN10 6SN HDHill HSBC Bank PLC 221 Hh Street LIn LN1 ITS Pa98 1
WOOOHALL SPA COThAGE MUSEUM REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEIABER 2021 The truslees, who are also thctors of the Charity for th8 wrFM)ses of the Companies Act 2006, present their annua report and Ihe financièl st8ternents lor the par eThJed 31 Decer1 2021. The twstees have adopted the provisions of Accountir4J and Rermybng ts Charits85.' StatemeEX of Rgrx)mmeThJed PraCte appbicatA8 to charities preparirg their accounts in accfxrlan¢e with the FuHnoal Rep.g Standard applicable in the UK arKf Republic of Ireland (FRS 1021 leffeclive 1 January 20151 Th8 Company was SrLcorpfftled ot¥ 19 Deeernber 2CN)5 an(1 wistwed as a dwrty on 19 December 2(KJ5. The Company look over all assets and liablities on a £7 for£1 basis from Worhdhal Sp2 Cottage Museum Trust OBJECTIVES AND ACTMTIES Objectives of the charlty, iYhKlpJe activlttes arml oryanisatlon of ¢)ur Twork Thè charity is const%tuted as a company limited by warantee and i8 Iherefore 9)vomeJ by a memorand(m at¥J 8rtths of as%)ciatiihl dated 19 December 2CK)5. The principal activity of1ha organisafaon rs lo provide arK1 maintain a rNseum for th& exhibit to the public of Collectn$ of photog[h8, artefacts and natural exhiLMts so as to advance htstory. geography aThJ economy of Woodhall Spa and its environs. Achievements and Perf0mnCe Atthough Covid-19 irnpacted on our (peratior6 fw 21Y21. tt was bess Severe than Ihe previous year. We started the ypar wlth the system ¢aryRd frorn 2020 of accepiiro cat)n$ ialher than charging admisions bul by August W8 W8[8 3ble to revert to the rrf)mial tKact¢ce of chargirKJ for almiOn. We held rates at the sam8 Ve1 as in 2019 but have the intention of inlr(MIEKill9 th8 1cS&S, agFeed earfr, when circumsta$ pernil. Publi¢ beneft The Coltsge Museum k5 8 <arrtab comp8rTry. the obltiVe of whM ss to maintsin a cottage murn for the exhibition to the sxknlic of eAleGbons of pI09rapts. artefacts and natural ethbsts representing the rt.fe and Itu of Y)e unique Chartcter of wLdha11 Spa and its hxaltyaThJ so as to Ihe history and geogTath of Woodhdl Sp8 8nd its enwrons. STRATEGIC REPORT Flnanclal revi8W Fin8nci81 r&vipw result5 tsf th8 y8arfs operd¢i)n arg sgt oul in Ihe attachwj finan(>al statèments. The net movement in funds lor the year amourrted to £82.454 surF4us12020- e19,297 deit1. The retained r8serves at 31 De¢emb 2021 3Ftitsunt lo £718,27812020- £635.8241. The lotee$ Y¥ere particularfygratefil for a bJ8try of £IOO,000 from the estat8 of the late Sallie Ftchknn. kncluded in the retaingd rgsefves atove are unreslricted general funds of £714.322 and designèted funds of £2,685. The trb'stees have been aware of the need to comply wtth gr pcCe guidelines issued by the Charity Comtnission on tree r98erves and Wo(xlh41 Spa Cottage Muwm& ¢Y is Iautsd Wow. Reserves policy The Charity Commission requires d)arili8s to d8tem11 8ThY exFAain thew pdrytorfree rgseryes i.e. in excess of those invested in propety and fixtu$ and fftlings. The trustees have reVI8w its free reserve polKy and hav8 fumwj lis èntirè unresirictéd Iretr Trserve fund into an reserve lo enthe Woodh#ll Spa Cottage Museum kn tneet Its obligalM)ns in the event ot a shortf1 in income or gJ¢Jen upturn eypwJrtU. The trustees will. rf the Oppknnty should aris0, use the cash at bank to urKlertake fuFlher captia pr¢¥ecls th81 w0d enhance the Museum's ablity to meet its stated alms. Risk management The trustees h3v& examined the mwr risk which Wo(Klhall Spa Cottage Museum fa$ and believe that maintsining our free resee$ at a reasonable level. Ccmbird with the annuJ of Ihe cmtrols over key finanual systems will prowde suffic%nt resrS the ev1 of advers8 condiknns. The tr(Jstses have also examined other operab.onal and sirS$ risks Wh we face and confmi thal they have estsbli8hed systems to mitigate the signrficant risks. Plans lor the future Th8 fon¥ard Business for ts Kthtseum provNkn an assurance of stability in the management of th8 Museum. With the b()sl to reswes from Ihe Hotthknn legaty, thwghts have tvmed to possible expansN)n of di$aY sp8¢e and increased storage. This wll be dependerkt on fvrther grant fundiThJ. We have agreed to spend approaching £30,(J)O on ILac1Th) Mndows in the main Mus¢. Systems wsll continue to be put in place to ensure the SLtstsinaL* of the Musetsm induding increasirxJ existing sources of income and a¢tivdy SWeiFNJ ino)me SIarn5. This I[deS the abrtY to employ Sn 8dminlstr8tor d part time paKI staff to manage the receoTh1 ar¢a 8nd relabn a Touiist InfDrrnatiw Facility. Page 2
WOODW SPA COTTAGE MUSEUII REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2D21 STRUCTURE, GOVERIIANCE AND PAANAGEMENT Governing document The charty is consts'tuted as a limited company by guarart arKI is ther8foT& [trrA by its nwncwandum and arhdes of 88sociation. Rewltment and appolntment of trustees The directors of the ry)mpany a also charity Iwstees for the purpose of charity law. Al each Annu81 Gereral Meetlng direor$ for the coming year are apw"nted. At 8a¢h Subsequt Annual General Meebng one third of lh8 dtr8ctors will retire by rotaliTh. Those directors w) have servad lorwjèst in office will be th8 Oll88 to retire. Where more than one third of the directors have se1 for the same I¢th of time. the ones to tire will be clSen by lot. The board has regard to the requirement lor anyp8rtruL8r skills when consiLferwJg new trustees. Anyp)r proposing to nominat8 themselves as ector must give dlS of I1PaOn. This way Ihe board can assess the skills requlred. Oryanlsatlona1 Structure Th8 diiector5 who served during Ihe swr are d*d on the compary toge. Tha dlrectltss 8nd the $8cretary are also trustees. This report has been pvepar8d in accordan the sp8dal F1$10n$ of Part 15 of the Companies Act 20L rding to small cornpanies. Re(xJrt of the tnjstees. kr(4p(at) a strategc reprt by order of the Lx)8r(J of truslees. a8 the companydrrector5, on 26th May 2022 and signed on the tK)ards behaf by. H D Hill- Trusi8• Page 3
INDEPENOENf EXAMINERS REPORT TO THE TRUSTEES OF WOODHALL SPA GOThAGE MUSEUM IndenInt examimrfs reptt0 the trustees ofw0 s Cotta9e IAuseum fttw Company? I report to tho ¢h8rty trt¢tees ¢xs rny ex8minalw otlhe acc¥JJTrts of the year ende(5 31 Decenknr 2021. Reswnsthlllllgs and basls rf report A5 the charitys trusteos of CornpaThy lat a150 d¥tors f(¥ the purpose5 MpanY lawl JY)u are responsib for the prepaT8tion in arLordan¢e with Ihe requiwwts of the ccmp8S Act 2(6 Ilhe 2006 Art). Havtng 6akn'5fied myEelF th8t the accounts of the c(ryny are not wuwed lo te audrled under Part 16 01 the 2006 Alt and are egIble lor independerrt examinatn, I report wi rosptt of my ex3minatil Orur thariws 2tt0unis as carri6d out nder Secti 14S of tIE Chari1k Aci 201 f 2011 Arfl In (XFTriW (Krt rny examinaton I h8ve followed the DiroctiS given bythe Ghattty CL¥rynisson urwjer Secti 14515) (bl ol the 2011 Act. Indendent axarninerf¥ statemert I have wnpletsd my exatninatiofi. l u)nfwm Ihat rK) m&teTS have ccthe to my attenttin li CL[70 yth the exarnlnabon giving me cause to believè.. a(tounting recoffts kept in reSpt of ¢1 C(¥nparyas by section 386 ofthe 2006 Act., the accounts th not alxord wtth thre r8cords.' the accounts Ik) rK)t with the aCcYting requir¢mts of 396 of the 2 Act other tha any requirfanent ihat Ihe 8¢co(nts Ve a bJ1"rYleW¥thCh is rnt a matter ¢nnsered as p•t of a independent exarninaficffi., or the a¢¢ounts hove tM)I been Fxepared Cord8 with fflethCs and priP$e5 of the Ststement ot Re¢i¥ntnended PFrce foraccounb'ng reKKK*ng bychaiities laWicabJe to charihes weparing their accounts ITr a¢cordanc8 with thg Fanl RetKxbng StaTwJ8¥d spplKablè in thg UK 8nd Rgptjblic ol Ireland IFRS 10211. I have no cce5 and have cTh acmss other matter5 in Connect with the examinalk)n b which attention sttstld be drawn in this r•pL¥t ia ord8r 10 8nat48 a wopar undeiswthng of to be rehed. Robert PAMehill BA IHonsl FCA RJ Ac¢ountsn¢y Llmittid Crossways Iver5ton Av8nu8 Woodhall Spa LNIO &SN Date.. 26th May 2022 Page 4
WOODHALL SPA COTTAGE MIJSEUM STATEhlENT OF HNNJICIAL ACTIVMES FOR THE YEAR ENDED 31 DECEIIBER 2021 2021 TDtsI 2020 Total lunds nd$ INCOME AND ENDOWMENTS FROM Donati¢Ms. legaaes and grants Avithe$ lor 9enerdiing lunds Fe8s and admissicms 121.252 13.948 4.251 8,228 129.480 13,948 4,251 22.920 8,668 137 Total 139.451 8.228 147,679 31,725 EXPENDITURe ON Raising lun¢Js 56,841 65.225 51.022 INCOm£I(EXPENURETr 82.610 11561 82.454 119.2971 RECONCIU4TION OF FUNDS Totsl furKls twht forward 634,397 1,427 635,824 655.121 TOTAL FUNDS CARRIED FORWARD 717.CK)7 1.271 718,278 635.824 coKriNUING OPERATIONS All i¥Korne and expenditure has arisen fmm ¢>)nb"Ning 8cINiti8S. Th8 fM)ie5 fvrm part of trR6e thanoal statements
WOODHALL SPA COTTAGE MUSEUhl BALANCE SHEET AS AT 31 DECEMBER 2021 2021 Total 2020 Total fund$ Funds Funds N&$ XED ASS$ Tangle assets 10 487.512 487.512 506.249 CURRENT ASSETS Stock Debtors Invesiments Cash al bank in haryj 11 12 7.312 2.295 180.798 41.761 7,312 2.295 180,798 43.032 9,693 1.280 80,000 40,722 1271 232,1e8 1,271 233,437 131.695 CReDifoRS ounts falling due wtthin one 13 12.671) 12.6711 12,1201 NEf CURRENT SET81(LIAIES> 229.495 1.271 230.766 129,575 TOTAL CURRENT ASSETS LESS CURRE1 LIA81UnES 717.007 1,271 718278 635,824 CREDrroRS thounts falling due aftef moro than c& NEf ASSETS 717.IJ07 718,278 635,824 FUNDS Unrestricted fvnds: General lund Designated Funds 14 714,322 2,685 630.058 4,339 717,007 634.397 Restricted lunds.. Restricted knnd8 1,271 1,427 TOTAL FUNDS 718,278 63S,824 The charitsble company is entrfled to exemptk)n frcrfn 8LwJTrt under Secb'on 477 of the compart Act 2006 for the year ended 31 December 2021. The memiErs have not fwuired the charitaile company to obtwn an audit of its finala1 ststemerts fi the yeaT ended 31 December 2021 in aCCorce with S1](¥) 476 rf the cUnleS Atl 21. Thè trustÈes ackno6{1gÈ their resrK)nsibdities for {al ensuring the Charitab company keeps a¢¢ounfirvJ re(x)rtls vA)th 0)Myth Sect$ 386 an¢J 387 of the Companies Act 21Th and prepariThJ financial stateMts which give a and fair ¥¥ of the stat& of affr5 of tho charitable company as at the end of each fianCIal year and of sts SLWUS or deftit for each financia5 year ir accordance with the reqU1MentS of Sections 394 and 395 whth otherwse u)MY the qu1mentS of the Ccxnpanies Act 20 rdating to finaal s1gtemts. so far as applicable to the charitatrAe cDmpany. {bl These financial statements have been wepared in accLxdanc8 With th8 5pe(¥al provisions of Part 15 of the Compani85 Act 2006 r81abng to srnal charitst46 Ix)mpanies. The nc Isla ts were 8F¥)rovgJ by the Board ofTnffjt8es C 2&h May2022 and 5ign9d on its Lhaif by. H D Hill . Trustee ktrCox- Trustee The )leS fcm part ol these finarwl statements Pag6 6
WOO(IHALL SPA COTTAGE MUSEUM NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021 ACCOUNTING POUCIES Basls of pr¢parlng the financiat statement8 The finanaal statements of Ihe charitable company, whth is a FJblic benefit enlty ur¥Jer FRS 102. have b88n prepared in a¢c¢%da¢e with lh8 charit5 SORP IFRS1021'AccwntiNJ and Reporting by Ch8riti8s.' Statement ol Recommewmled PraciKe ap[l¢ab to ¢ants"es wewing tsir ara)unts in accordance with the Financial Reporting Standards a¢)plic8Lle in the UK arKI Repu of Ila)d IFRS 1021 (effectivè 1 J?rMJary 20151., Financi81 Reporling Standard 102 The Financial Rewjrting Stsnoard applicae in the UK and Republic of Ireland, and the cA)mPan5 Act 2CIA The finan¢ slaiements havo been prepared uThJèr lh6 historical cost ¢on¥8ntion. The ¢harity has taken thantag8 of the di8cbstffe exempkn regard¢ng the reqÉtwernents of se¢tM)n 7 Statement of Cash Flows in preparing these finala1 5tatemenis, as pefft1tt by FRS 102 The Finanual Reporting Standarrl appltsblè in the UK arnl Republic of Irelar•J': Incomlng rtsources AJI Income is reCcJned in the Statement of Finan¢id Athits8s once the charrty has enliUem8nt to lh8 fvnds. it is probable Ihat the inixjmg 11 be T¢] ar¥1 Ihe amount te measUd retkty. Revenue grants ar8 CTedit8(J to the Statement of Finanaal Acbvitses on the earfier éate of when they are receNed or when trey a e1Vab, lesS Ihey relate to a SIfiC ftrture year. in whith case they are irtjuded on thtr Balance Sheot as daf8rFed incotne to 18cogniwY in future a¢counb"ng year. Grants receNed for specific purpos88 are a¢¢wnted for as restrKted hJrvts lh8 State1 rA FInW Aclivitjes. ROUrCeS Expended Liabilit8 are recognised as eXreThJitU as S£ as re is 8 l•J81 or (x)nsrrive obligats.on committing thè charity to that exFEnditure, it is robatrAÈ that a transfer ofeconomic benefits will be r8qured ITh sethment aThY th8 8mounl of the otAlgaticm w fR rn8aSled [laNy. ExperKliture is accounted f¢x on w) aco¥uals b8sis and has been dassified underthe he•JiNJs that aggregate al o)st retated to the categ(ry. Where costs cannot be drlty attributed to particular headings Ihey have en k)(xted to adNili88 on a basi5 consEtent w¢th the use of rèSOUECe& Tan9ble fixed assets D8prg¢iab"on is Fovi¢Yed at the fdkA¥hvJ re5 ¢xder lo wrila (Ir 8ath asset Over its &stimat&l useful Irf•. Freehold propèrty ant and machinery Fire$ and ffttyngs 2% M cost and 1% rj) ¢X6t 15% rm I$t 10% c0St Stock$ Stod(s are val at th¢ Iw of ¢>)st net realis8t4e valve. after maknrwJ k)ance for obscAete and $h)w moving items. Taxation The eharity r5 Èxempt from cryiralion tax on its dwritatrAe activibe5. Fund accounting Restn¢ted funds are to be US tor rAArpw as Iwd wn by ts (SJnor. EXrndStr8 whith maets this critèri& 1$ klentrfled to the furMI. iofftrwth a fair of managThent supkwjrt eosts. Unrestri¢ted funds are dOnatiS and Oth incomes received or generaw for the obi¥is of the organi8aknn wtthout further specifEd wrwJse and are avalable for general lurKJs. tjesignatsd lunds shown uFre$fr lunds 8re eam)arted by Ihe Manèjemenl Commiltee tor partivjlar purposes. Pa9e 7
wooDHA SPACOTTAGE IIUSEU NOTES TO THE FINANCIAL STATEMENTS- CO>INuED FOR THE YEAR ENDED 31 DECEMBER 2021 DONATION& LEGACIES AND GRAIW6 20211 4,964 100.000 18,288 3,677 500 12,716 4.300 722 505 s)0 Legacy Gtrv8inrnent grants Heritage Emergefv Fld gra Lincolnshire Coop granl MDEM grant 2020 Spa B8ths Trkjsl granl Arnold Clark Commuiuty Grant National Lottery Commtsnty Fund Grant MDEM grant- Collection5 Acoss MDEM grant- Mapping Project MDEM grant- Reboot and Recovery MDEM grydrrt- Visttor Services 402 200 5.000 1.126 129.480 22,920 AcTIVlEs FOR GENERATING FUNDS 2021 2020 Activty Pl8n income FrieThJs of Woodhall Cottage Me Interest incorne Div*dends 175 Club sales RcM)m hire Newsletter adverlisiF¥J inCe useum pucatIOnS MercharKlise sales Collections and Research Refreshment Sales 60 655 1.850 4.003 1.750 2,620 1,500 372 1.060 435 1,803 130 1.070 2.396 2,361 109 13,948 8,668 FEES >240 ADMISSIONS 2021 2020 Adrnissions &Jndry incryne 4222 137 4251 131 PwJe 8
WOODHALL SPA COThAGE MUSEUIA NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2021 5 RAJSING FUNDS Charliable aetivSti88 2021 2020 Staff costs Subscripuons and a0eSing SundThes Training Travel Secretarial and IT MaintenanrR and repaifs Garderting Bell Award Depreciation 13,927 476 722 6,449 641 360 48 5.369 9,295 2.725 6.316 2C6 17.475 17.984 41,897 40.470 Generating fund5 2021 2020 Opening stock Purchases Closing stock Rai85 and water Insurance Light. heal and Friend5 of Woc*&hall Spa Cott•Je m88n 175aub Activity Plan Newslett8r A¢c¢)untancy Cornpanie5 House fe8 DepreCIatn 9,693 1.951 (7.3121 265 2.251 3.927 4n 870 9,842 19,6931 276 2,293 3.133 82 730 1,101 As) 13 1.101 420 13 1,301 14.944 10.252 Grant oxpenditure 2021 2020 MDEM grant 2020 Mus8um pU1Call0Tr Granl Arnold Clark Communtty Grant National Lottery C(thmunity Fund Grant MDEM grant- ColleGtions Ac(xss MDEM grant- Mapping Proje MDEM gont- RetKM)t arKI Re¢>)vwy MDEM grdnt. Visrtor S8ThThS 5(f) 1.OCt) 402 3,934 1.126 8.384 Page 9
WOODHALL SPA COThAGE MUSEUM NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2021 NET INCQIIIEIFXPENDtruREI Net incomellewdrturel is slaied after Ch1((j1tTrTrJl." 2021 202Q Dèpr8lYatiort. owned assets 18.737 19,285 TRUSTEE'S REMUNERATION AND BENEFThS The were no trtsstees. remetTr 01h benefits lor 31 Dntser 2021 nor for the year ended 31 Decemtr 2020. rru$t••s' Th8rg were no trusiees. eX[seS paHJ ft*lhe w ended 31 December 2021 nor forlhe ended 31 Decembw 2020. . STAFF COSTS 2021 2020 Salaries and pwion contri1ti$ 13,927 6.449 2021 2020 Emploifd part tune ViJuntary 43 37 45 No erntAoyees r8ceNed erntMents in excess of £60,rKJ. COMPARATIVES FOR THE STATEMENT OF FANCL AcTlEs Tot fun(Is Fundty funds Donations, legaffts gra15 ActNilies for g8neratsng lunds Fees and admisS)n5 16.893 8.668 137 8,027 22,920 137 To 6,027 31.725 EXPENDITURE ON Raising fund5 46,422 4,609 51.022 Tota 46.422 51.022 NET INCOME 120,7241 1,427 119.2971 Translers befv4een lurwts Net movement in {20,724 1,427 119,2971 RECONCILWTION OF FUNDS rotal funds brought frxward 655.121 655.121 TOTAL FIJNDS CARRIED FORWARD 634.397 1,427 635,824 Page 10
WOODMA SPA COTTAGE MUSEUM NOTES TO THE FINANCIAL STATEMENTS- CONTWUED FOR THE YEAR ENDED 31 DECEMBER 2021 10. TANGIBLE FIXED ASSETS FTh•hold Plant and Ma¢hlnery Fixlur¢s and fitting5 Totals COST At 1 January 22? Additn5 496.274 17.453 150.936 664,663 At 31 D8C8mb8r 2021 496.274 17,453 150.936 664,663 DEPRECIATION At 1 January 2021 Charge for ar 41.359 4,945 14.919 1,592 102,136 12.200 t58.414 18,737 At 31 December 2021 16.511 114.336 177,151 NET BOOK VALUE At 31 t>ecember 2021 449,970 942 36.600 487,512 At 31 Decamber 20) 454,915 48,800 506,249 11. STOCKS 2021 2020 Slocks 7.312 9.693 12. DEBTORS: AMOUPUS FALUNG DUE wMIN ONE YEAR 2020 Prepayn*nts and aLlrL inc(e 2,295 1,280 13. CREDITORS: AMOUNTS FhLUNG DUE WITHIN OIIE YE1 2021 2020 Tiade Credrtors 2.671 2,120 Pa9e 11
WOODHALL SPA COThAGE MUSEU IIOTES TO THE HNANCIAL STATEMÉNTS- CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2D21 14. MOVEMENT IN FUNDS Net movement In fvnds Transfers At 1.1.21 At 31.12.21 Unrestrided funds General fund Des¥Jnated lunds 630.058 4,339 87.764 15,1541 13,S)O) 3.500 714.322 2,685 634.397 1,427 82.610 11561 717,007 1,271 Restr1& funds TOTAL FUNDS 635,824 82,453 718,277 Net rrrtjVent in fvnds, inchad8d in lh8 above are as f(Aky•ts." Incomlng Ra8our¢os Unrestrfcted funds Gen8ral fund DesKJnated funds 139,451 (51,687} 15,1S41 87,765 15,1541 139,451 8.228 {56,841) 18.3841 82.611 11561 Reslrictthl funds TOTAL FUNDS 147.679 165,2251 82.454 At1.1.20 in funds between fun At 31.12.20 Unr8Strictsd funds Gener fund Desrgnated funds 846.315 112.7511 I7.7) 13,5001 3,500 630.058 4,339 655.121 120.7241 1.427 634,397 1.427 Resiwed funds TOTAL FUNDS 655,121 If9,2971 635.824 Compa1¥6 not movwY*nt in fuThJs. indtyjed In aLth¢ are as fdlm: Incomln9 Resource8 expend&d Mo¥em8nt in funds Unrestricted funds General fund DeSnated funds 25.698 138,4551 17.9671 112.7571 (7.9671 25,698 6.027 146.4221 14.6001 120,7241 1.427 Reslrrted fijnds TOTAL FUNDS 31.725 151,0221 119,2971 15. RELATED PARTY DISCLOSURES There were no related party ET2nsaciion5 forthe sEar ended 31 DeCber 2021. 1& ULTIIMTE COTrR0LLG PAifFY The Company is ctrold by lis EM>ard of Iruths. Page 12
WOOOW SPA COThAGE MUSEUM DETAILED STATEMENT OF FII4ANCIAL AcfMTIES FOR THE YEPR ENDED 31 DECEMBER 2021 2021 Total funds 2020 Total funtts INCOME AND ENDOWMENTS Donation5. legacies and grants DonatKJn$ Legacy Government grants Hetitage Emergency FurMI grart ncolnshire C(w grant MOEM grant 2020 Spa Baths Twst gr8nl AM0 ClaTk Cornmunity Grant N81ion81 Lotlery Community Fund Grant MDEM gwant. Acc MDEM grant- Mapping Project MDEM grant- Reb(Kit a1 ReVery MOEM grant- Visitor Servi¢e6 3.6TT 500 12.716 4,3LXJ 7T2 505 100.OCJ 16.288 100.0(K) 16,288 402 402 2CKJ 5,OLMJ 1,126 1,126 121.252 8.228 129.480 22.920 tfvllles for gerwatlng funds Activity Plan i1me Friends of W(K)dhdl Spa Cottage Khjseum Interest income DivKlends 175 Club sa RcK)m hire New5ktt8r adv8rti$ing income Museum Pu115 M8r¢handise s818S C(Alections and Research R•lr8shm$nt sa18S 60 655 4.003 1.750 4.003 1.750 404 1.070 2,396 2.361 2.620 372 1.060 435 1.803 130 1.070 2.396 2.3fj1 109 109 13.948 13,948 8.668 F•e$ and admi5510ns Admission Fees Sundry tame 4,222 137 4,251 4,251 137 Total incorng relUTCo5 139,451 8.228 147.679 31,725 EXPENDuRE Charllable aLi¥llles Staff costs Subscriptions and adverb%rKJ Sunthies Training Trav Secrelarial and Maintenance repaws Grounds Maintsnanc8 Bell Award Deprec4ation 13.927 476 722 13,927 476 722 6.449 641 244 360 2.725 6.316 2.725 6.316 206 5.369 9.295 17.475 17.475 17.984 41.897 41.897 40,470 This page does f(Mm part of the staw financial statern8nt5 Page 13
WOODHALL SPA corrAGE MUSEUM 0jLED STATEMENT OF HNAP4CiAL AcTP11ES- CONTINUED FOR THE YEAR ei•DED 31 DECEI< 2021 2021 Total 2020 Totsl lund$ fvnds Generatlng fisnds Opening strKk Pur¢ha88S Closing stock Rat8s and water In5uFance Light. heat and phone Frie¥Kls of Woodhall Spa Cottage Museum 175 Club tiv¥ty Plan Newsletter Accounlancy Companies House fee Depreciation 9.693 1.951 (7.3121 265 2.251 3,927 473 870 9.693 1,951 (7,3121 265 2.251 3.927 473 870 9.842 19,6931 2T6 2.293 3,133 82 730 1.101 1.107 450 13 1,262 1,101 420 13 1,301 13 1.262 14.944 14.944 tO,252 Grant 0xpenditure MDEM grant 2020 Museum PblICation Grant 2020 Amdd Clark Comfflunity Grant National Lott C(munity Fund Grdrrt MDEM grant. CcAle¢tions Access MDEM gfant- Maing Project MDEM grant- Rebcrfjt 8nd Recovery MDEM grant- Visitor Semces f.222 500 402 200 3.934 1.126 402 200 3.934 1.126 rgsources expended .841 8,384 65.225 51.022 Net Incomellexpendlbjrel 82.611 It56) 81454 119.2971 This (bes fcym wt oflhg slatutoryfinancial StateMts Py14