REGISTERED COMPANY NUMBER. 05657914 (England and Walesl REGISTERED cHAR￿y NUMBEFL" 1114268 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 WOODHALL SPA COTTAGE MUSEUM (A COMPANY LIMITED BY GUARANTEE) Prepared by: J Everitt- Tre89urer Indgpondent Examlnatlon By: RJ Accountan¢y knmited Chartered Accountsnts Crossways AIv8rston Avenue WC￿hall Spa LN10 6SN WOODHALL SPA COThAGE MUSEUM CONTENTS OF THE F14ANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 PAGE Referenc8 and Administrative Detsils Report of the Truste88 2to3 Ir¥Jepend8nt Examir*8 ReF#Ni ststement of Finanoal ActNities Balance Sheet Notes to the Financ￿1 Statsments 7t012 Detailed Statement of Financial kn'vitie8 13to14 WOODHALL SPA CO￿AGE MUSEUM REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 DECEMBER 2024 TRUSTEES HDHill J Evaritt T M Delaney P E Duk&Cox (ResNJned 2.5.24) R Evison {Res￿ned 15.2.24) P R Groves C T Johnson L Needham M-A Price {Apwmted 11.7.24) A Southcott N R Webb COMPANY SECRETARY J Eventt REGISTEAED OFFICE Tho Bungalow Idde$l￿gh Road WTh)dhall Spa Lincolnshire LN10 8SH REGISTERED COMPANY NUMBER 05657914 (England ttnd Wal88) REGISTERED CHARrrY NUMBER 1114268 INDEPENDENT EXAMINER Robert Bonehill BA {Hon8) FCA RJ Accountarw Limited CroB&WayS Alverston Avenue Woodhall Spa LN10 6SN CHAIRMAN HDHill BANKERS HSBC Bank PLC 221 HvJh Street Lincdn LN1 ITS Page 1 WOODHALL SPA CO￿AGE MUSEUM REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 The trustees. who are a180 directors of the for the purposes of the Companiès Act 2006, present their annual report and the financbal stalements for the year ended 31 December 2024. The InBtee$ have adopted tho provigion¥ of Aexounting and Reporting for CharitiaB.. Statamant of Recommendod Pra¢tica aPpI￿abl9 to charits'es preparing their aGcount$ in accordance with the Fin8ncial RerA)rtÉng St8ndard appli¢abfe in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015). The Company was in¢orpofated on 19 December 2005 and registered as a ¢harÉty on 19 December 2005. The Company twk over all assets and lia￿.1￿tIeS on a £1 for £1 basis tr￿n Wothlhall Spa Cottage Museum Trust. OBJECTIVES AND ACTIVITIES Obi•¢tiv•s of the ¢h4rity¥ prin¢lpl• actlvltle• and ty9aniJatM of our work The charity is Gonslituted as a company limited by guarantee and is therefore govemed by a Mem(￿andurn and articles of association dated 19 December 2005. The principal activity of the org8nisation is to provide and maintain a museum for the exhibition to the public of collections of photC¥Jraphs, artefacts and natural exhibits so as to advance history. geography and economy of Woodhall Spa and its environs. AGhhv•m¢nts and P•rforni•nc• For the 2024 Season we made some minor adjustments to our admission charges, and enhanced the opportunity for visitors to Gift Aid their P8yTnents. We still telieve that we offer excellent value for money and will continue to review our admi98ion charges. We need to maximise our incom8 to sustsin CXAr wonderful Museum. The grant re(*ived to promote New Audience8 was well used and our Leaming Team has done an excellent job tn workj'ng with school$ and young people. We will be adding some video fI￿ge to our website to w)me of the results. Publlc l)gn¢fft The Cottage Mugeum is a charilable company, the objectfve of vthich is to maintain 8 cottage museum for the exhibition to the public of ￿llectionS of photographs. artefaets and natural exhibrts representing the lrfe and culture of the unique character of W(￿hall Spa and it8 locality arKI so as to advance the history and geography of Woodhall Spa and its envirom. STRATEGIC REPORT Flnanclal revlow Finanoiol reviaw The regults of the yearfs operation are set out in Ihe attached financial statements. The net movement in fund8 for the year amounted to £24.328 deficit {2023 - £61.593 defbcAt>. The retsined reserves at 31 December 2024 amount to £596,42012022- £620.7481. Included in the retained reserves above are uwe8tr1ctéd gen8ral funds of £594,057 and d88tgnated funds of £2,363. The trustee8 have been aw8re of the ne&J to ¢ornply wtth good practice guideline8188ued by the Charity Commi881on on free re8eNes and Woodhall Spa Cottage Museum's policy is KKluded beknv. Res8rv8s policy The Charity Commisslon require8 chariti88 to determine and explain their pdicy for free reseNes i.e. in èxc*ss of th08e invested in property and fixtu￿8 and frttiro$. The trustees have reviewed ils free reseNe policy and have tumed its entire unrestricted free reserve fund into 8n emergency reserve lo enable w￿dhall Spa Cottage Museum to m8et it8 oblig81ions thè èvent of a shortfall in income or sudden uptum in èxp￿dIture. The trustees will. If the opportunity should arise, use the cash at bank to undertake further capital projects that would enhance the Museum's abllity to meet rts 8tated aim8. Risk management The trustees have examined the meior risk which W(xyJhall Spa Collage Museum f￿S and beI￿ve Ihat maintaining our free reserves at a reasonable level. ¢xJmbined with the annual review of the controls over key financial syBlem8 will provKle sufficient resources in the event of edverse condits'ons. The truslees have also examined other operational and busine$$ risks which we face and confimi that they have established systems to mitigate the g￿nrtIeant risks. We are concious that the inc%e8sing age of our Directors and Trusteès are a risk and we are actively working to recFUit Directors. Plan8 for th• futur• We have 8tarted the proce88 of designing the Museum needs for fijiure drsplay6. The availability of electronic method8 to interpret our 8tory gives opportunities. The Story remains the s&me however, and the uniue story of the development of WocKlhall Spa remains as our main f￿9. Further grant funding will be needed lo bring about any majoT changes, so we are detemiined to ￿eate a plan which will see us in good shape for the foreseeable future. Our ¢urrent pattem of paid staff to help with the administration and the re¢epts'on area has worked well and we are grateful for the efforts of vc4unteers and staff to maintabn the and Tourist InfomiatioTr seryice. Page 2 WOODHALL SPA COThAGE MUSEUM REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT Gtwornlng d0￿ment Th• oharity io congtitut8d a8 a limit•d ¢¢>MpAny by guarAnto0 And io ther￿• ¢oAtrollod by ita mèmorondum and articles of associats'on. Recrultmont and appolnlment d tru$tee$ The directors of the Company are also charity tnjstees for the purpose of chariiy law. Al each Annual General Meets'ng directors for the ¢oming year are appointed. At ea¢h subsequent Annual General Meeting one third of the directors will retire by rotatson. Those directors who have Serv￿ longest in office will be Ihe ones to retire. Where more th8n one third of the director8 have served for the $8me length of time, the on88 to retire will be chosen by lot. The board has regard to the requirement for any parb¢ular skills when considering new trustees. Anyone proposing to nominat8 themselves as a director must give details of ¢xcupation. This way the b)ard can 8s8ess the ski118 required. Organisational Structure The directors who served during the yaar are detailed on Ihe cfflipany information page. These directh and the secretsry 8re also trustees. This report h88 ￿en wepared in accordance with the Spe￿al provisions of Part 15 of Ihe Companies Ad 2006 relats'ng to sm811 companie$. Report of th8 truslees. incorporating a strategi¢ reFQrt. approved by order of the toard of twstees, 88 the Company directors, on 5th June 2025 and 8￿ned on the board'8 beha￿ ty. ill . TNstse Page 3 INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF WOODHALL SPA corrAGE MUSEUM Independent examlnefs report to the trustees of Woodhall Spa Cottagè Museum (Ihe Company) I raport to tho ¢h•rity trugt8as on my oxotrunation of th8 act•d funds Total funds INCOME AND ENDOWMENTS FROM Donations, legacies and grants Activities for generating fijnds Fees and admissions 28.576 31,420 23,436 12.098 16.376 22,932 23.436 12.098 Total 38.378 28.576 66,954 49,208 EXPENDrruRE ON Raising funds 61,026 30.256 91,282 110,801 NET IN¢OMEI(EXPENDITURE) {22,648) (1,680) (24,328) {81.593) RECONCIUATION OF FUNDS Total fund8 brought forward 619,068 620,748 682,341 TOTAL FUNDS CARRIED FORW 596,420 596,420 620,748 CONTINUING OPERATION8 All Income and expenditure has arisen from continuing a￿1Ville$. The notes forn part of these finan(ial $tatements Page 5 WOODHALL SPA COThAGE MUSEUM BALANCE PJHEET AT 31 DECEMBER 2024 2024 Total 2023 Total lunds Unrestricted Rèstrlcted F￿d8 FIXED ASSETS T8ngible assets 10 435.135 435,135 452,379 CURRENT ASSErs stock Debtors Investments Cash at bank and in haTr 11 12 6,7 9.497 139.403 6,736 9,497 139.403 8,465 6.545 1.856 151,816 12.669 164.101 164.101 172.886 CREDITORS Amounts falling due within one year 13 (2.816) (2.816) 14.517) NET CURRENT ASSETSI{LIABIUTIES) 161,285 161,285 168,369 TOTAL CURRENT A8SETS LESS CURRENT LIABILrrES 596.420 596.420 620,748 CREDITORS Amounts falling due after more than year NET AS8ET8 596,420 596,420 620.748 FUNDS Unrestrtcted fvnd8: Gener81 fund Designated Funds 14 594,057 2,363 618,524 596,420 619.088 Restricted fund8: R•&tr￿l•d fund• 1,680 TOTAL FUNDS 596,420 620.748 The charitable company 18 entrtled to exemption from audit under Section 477 of the Compani08 Act 2006 for the year ended 3108e•mber 2024. The members have not required the diarllable Company to cbtain an audit of its financial Statements for the ￿ar ended 31 December 2024 in a¢¢ordance wlth 8￿tIOn 476 of the Compani88 Act 201%. The trustees acknowledge their respon8ibilitse8 fLY. (ay ensuring the oharita￿e company keeps accounb'ng recAyds which c4Jmply with Sections 386 and 387 of the Companies Act 2CXJ6 and preparing financial 8tatoments which give a true and fair vie41 of the State of affair8 of the charitable company as al the end of each financbal year and of its surplus (x def￿1t for oach financiol yaar in aocordanco with lh• requif8mont8 of soot10￿ 394 rand 396 and whioh othwwiè• comply with the requirements of the Companiès Act 2006 relabng to financ481 st8ternents, so far as applicable to the tharitable ￿Mpany. (bl These financi81 statements have been prepared in aC￿rdarKe with the special provisions of Part 15 of the Companies Act 2006 relating to sm811 charitable companies. ial s were approved by the Board ofTrugtee8 on 5th June 2025 arKI sKJned on 118 behalf by.. Ill - Trustee T M D8laney- Trustee The notes fom part of these financtal statements Page 6 WOODHALL SPA COThAGE MUSEUM NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 ACCOUNTING POUCIES BAS¥1 ol pr•parfng th• finAnciAI sttht•m•nt6 The financial s18tements of the charitsble Company. which is a public benefrt entsty under FRS 102. have been prepared in ac¢OrdarS￿ with the Charibes SORP (FRS102) 'Acwunting afKI Reporting by Charities.. Statement of Recommended Pra¢tice applicable to Gharities prepanng their accounts in accordance with the Financial Reportsng Standards applicable in the UK and Republic of Ireland IFRS 102) (effective 1 January 2015),, Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the cornpan￿ Act 2006. The financial statements have been wepafed under the historical cost convention. The charity has tsken advantage of the dis¢k)sure exemption regarding the requirements of ￿tIOn 7 Ststement of Cesh Flows in preparing these financial statements. as p8rnrtted by FRS 102 'The Financial Reporting Standard ap￿1¢able in the UK arKI Reput4ic of Ire￿￿j,. Incoming resourcos All income is recognised in the Statsrnent of Finandal A¢tivltie8 once the ¢h8rity has entitlement to the fund8. it 18 probable that the income WAI be received 8fKI th8 amount can be M￿Sured relbabty. Revenue grants 8rè credited to the Ststement of Fin8ncial Activities on the earfier datè of WI￿n they are received or when they are receivab￿. unless they rdate to a SFecifi¢ future year. in whioh cAse they are included on thé Balan¢e Sheet 8$ defe￿d income to be recognised in future accounts'ng year. Grants received for Specific purpo8e8 are ac(x)unted for as ￿tricted furxls in the Stalement of Financial Activities. R•sourc8s Expended L¢abilits'e8 are reo)gnised as e>penditure 8$ soon as there [8 a or constructFve Obl￿at1)n committing the oharity to that 8xponditure, it i• probab￿ that d trAnAf•r of •conomic bonofitg will bo rwuir•d in 0ott1om•nt Ond the amount of the oblig8kn.on can be measured reliably. Expenditure 18 accounted for on an accruals basis end has been classified under the headings that aggregate all ¢08t related to th8 category. Where ¢o$ts cannot be directly attributed to particular headings they have been allocated to aclivrties on a basi8 consistent with the u$e of resources. Tanglbh flx•d as•èts Depreci8tion18 provlded at the foNowlng rate8 in order to write off a88et rts estlmated useful Ilfe. Freehdd property Plant and m8chinery Fixture8 and fittings 2% on cosl and 1% on cost 15% on co8t 10% on cost Sto¢k• Stocks are valued at the lower of c08t and net realisable value. after makiTrJ due allow8rt8 obsolete and slow moving itsms. Taxation The charity is exempt from cowtion tax on its charitab￿ actNities. Fund accounllng Restricted lunds ere to be used for 8pe¢rfK purposes as laid down by the donor. Expenditure vthich meet8 this criteria 18 identifted to the fund. together with a fair all￿11￿ of management arKJ 8UPPOrt costs. Unrostrictsd fund$ ara donations and othar int￿m6$ rg00ivod or gonorated lor tho objeols of tho cryAni¥ation without further specified purpose and are avai18bte for general funds. De$igngt8d furK18 shown in unrestitted fijnds are ￿Miark&j by the Management Commlttee for particular purp08e8. p￿e7 WOODHALL SPA corrAGE MUSEUM NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2024 I DONATIONS. LEGACIES AND GRANTS 2024 2023 Donations Business Revival grant 2023 (ELDC) Lincolnshire Coop grant MDEM grant 2022 - Collections Actess MDEM grant 2022 - Reset and Recovery MDEM grant 2023 - Art Fund Worklorc8 D8Vobpm•nt MDEM grant 2023 - Small Grant AIM grant- New Stories New Audience6 ELDC Councillor8' grant UKSPF GRASSroots grant Wcodhall Spa Pari8h Coundl gr8nt 2,304 6.000 722 1.000 2,930 1,920 12,485 13,591 31,420 16.376 ACTIVITIE8 FOR GENERATING FUND8 2024 2023 Community Engagement Friends of Woodhall Spa Cottage Mu88um Interest income Dividends Investments- net increase in v81ue 200 Club sales Room hire Newsl8tt8r advertlsing inccrne Museum Publi￿110n$ MerGhandi8e $8le8 Refreshment sale8 87 3,216 225 8,492 2.694 402 8.627 1,239 1.188 678 1,794 1,872 1,105 1,263 2,040 2,502 23.436 22,932 FEES AND ADMISSIONS 2024 2023 AdmiSs￿n$ Sundry income 11.657 441 8,741 1.159 12,098 9,900 Page 8 WOODHALL SPA COThAGE MUSEUM NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2024 5 RAISING FUNDS Charitable activiti 2024 2023 Staff costs Consultancy 8ervices Subscriptions and adVert￿￿g Sundries TrAining Travel Sècretarial and IT Maintenance and repair8 Groltnds Maintenance Depreciation 19.653 19.631 3,500 168 573 303 208 92 3,549 3.262 897 17,145 14 3,302 37,257 810 17.145 46,871 82,400 Generating funds 2024 2023 Opening stock Purchases Closing Stock Rates and water Insurance Light, heat and pho Friends of Woodhall Spa Cottage Mu6eum 200 Club Communrty Engagement New¥letter Refreshments Accounlancy 8ank and Card charges Inv8Stments - net decreasè in value Govem8nce Depreciation 1,553 (6,738) 305 2,413 5.561 1.129 970 224 1,182 163 420 315 1.154 (6,545) 328 2,579 5,016 630 970 1,189 142 420 291 1,917 33 349 13 98 14,155 16,009 Grant expondttur• 2024 2023 Busne89 Revival Grent 2023 {ELDCI Lincolnshire Coop grant MDEM grant 2022-23 Collections A￿89 MDEM grant 2022-23 R8set & Recovery MDEM grant 2023 - Art Fund W¢)rkforce Development MDEM grant 2023 Small Grant AIM grant - New Stories New Audien ELDC Councillors. granl UKSPF GRAssr￿ls grant Woodhall Spa Parish Councd grant 8,000 722 1,000 1.500 1,250 1,920 12,485 13,591 1,OCKI 30,256 12.392 Page 9 WOODHALL SPA CO￿AGE MUSEUM NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2024 NET INCOMEIIEXPENDITURE) Net incomel{expenditure) is 8tated after Chargin￿(creditIng}'. 2024 2023 Depreciatlon - owned assets 17,243 17.494 TRUSTEE'S REMUNERATION AND BENEFITS There were no tru8tee8' remuneration or other benefits for the ￿er ermled 31 De¢ember 2024 nor for the year ended 31 D8cember 2023. Trusto8s' •xpens•s There were no trustee8' expen888 paid for the ￿ar ended 31 Dec*mb8r 2024 nor for the year ended 31 December 2023. sT￿￿F COSTS 2024 2023 Salaries 8nd pen8K)n ¢J)ntribution8 19,653 19,631 Th• •v•rag• monthly numb•r of •mploy••s durlng th• yur wa• u foNM'. 2024 2023 Employed part tima Voluntary 38 39 40 No employees rKeived emoluments in exce88 of £60,OCil. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTMTE8 Unrestrlcted Funds Rg•tricted funds Total fund¥ DOnat￿n8, legacles and 9ranl8 Activities for generating fund8 Fees and admissions 14.072 16.376 22,932 9,900 22.932 Total 36.136 14,072 49,208 EXPENDITURE ON Raising funds 98.409 12,392 110,801 Total 98,409 12,392 110,801 NET INCOME (63.273) (61,593) Transfers betsveen fund8 Net movement in funds 183.273) 1,680 (61.593) RECONCILIATION OF FUNDS Tot81 ￿ndS br￿ght forward 682.341 682,341 TOTAL FUNDS CARRIED FORWARD 619.068 1.680 620,748 Page 10 wooDHA￿ SPA COTtAGE MUSEUM NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2024 10. TANGIBLE FIXED ASSETS Fr￿hold Property Plant and Machinèry ffttings Totals COST At 1 January 2024 Addits'ons 4%,274 17.453 150,936 664,663 At 31 December 2024 4%.274 17,453 150.936 664,663 DEPRECIATION At 1 January 2024 Charge for year 56.194 4.945 17.355 98 138.736 12,200 212,285 17.243 At 31 Oecember 2024 61,139 17.453 150,936 229,528 NET 800K VALUE At 31 December 2024 435,135 435,135 At 31 December 2023 440,080 12,200 452,378 11. 8TOCK8 2024 2023 Stock8 6,736 6,545 12. DEBTORS: AMOUNTS FALUNG OUE WITHIN ONE YEAR 2024 2023 Prepaymènts and arxrued incomè 9,497 1,856 13. CREDITORS: APAOUNTS FNLLING Due wrrHIN ONE YEAR 2024 2023 Trade Creditors 2,818 4,517 Page 11 WOODHALL SPA COTTAGE MUSEUM NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2024 14. MOVEMENT IN FUNDS At 1.1.24 in funds b•tw••n fund* At 31.12.24 Unréstrict￿ fund• General fLtnd Designated funds 618.524 (19.467) (3.181) (5,000) 594.057 2.363 819.068 {22.648) (1.680) 596,420 Ra81riotod fund• TOTAL FUNDS 620,748 {24.328) 596,420 Net movement in funds. induded ID the above are a8 follow8.. Incomlng resourc•s Resources oxpendad Movgmont Sn funds Unr•slrfct•d funds General fund Designated funds 38.378 (57.845) 13.1811 (19,467) (3,1811 38.378 28,576 (61,026) 130,256) {22,648> (1,6801 Re8lricted funds TOTAL FUND8 191,282) 124,3281 Comparatlv•• for mov•m•nl In fund• N•t mov•m•nt Tran•f•rn In lund• b•¢w••n lund• At 1.1.23 At 81.12.23 Unreslrfct•d funds General fund Designated furKI$ 678.336 4,005 154.812) 18,461) {5,0001 5.000 618,524 682,341 (63.273) 619.068 1,680 R••triot•d fund• TOTAL FUNDS 682.341 (61.593) 620,748 Comparative net movement in funds. indud8d #i the above ate as follows: In¢omlng rosour¢ Resources expendod Movement In funds Unrestrlctod lund• General fund Designated funds 35,136 (89.948) 18.461) 154,812} (8,4611 35,136 14,072 (98,409) (12.392) {63,273) 1,680 Restricted funds TOTAL FUNDS 49.208 (110.8011 161.5931 15. RELATED PARTY DISCLOSURES There were no related paty transactions for the 31 DeCeM￿r 2024. 16. ULTIMATE CONTROLLING PARTY The Company is controlled by its board of tru6tees. Page 12 WOODHALL SPA CO￿AGE MUSEUM DETAILED STATEMENT OF FINANCIAL ACTMTIES FOR THE YEAR ENDED 31 DECEMBER 2024 2024 Total furKIs 2023 Total funds Unrestricted Restrlcted fundG INCOME AND ENDOWMENTS Donallons, legacles and grants Donations Business Revival grant 2023 (ELDC) Lincolnshire Cc()p grant MDEM grant 2022 - Collections Access MDEM grant 2022- Reset and Recovery MDEM grant 2023 - Art Fund Workforce Dev MDEM grant 2023 - Small Grant AIM grant - New Stories New Audien￿8 ELDC Councillors, grant UKSPF GRASSroots grant Woodhall Spa Parish coun¢￿ gront 2,304 6,000 722 1,000 1,500 2,930 1.920 12.485 12.485 13.591 13,591 1,000 28.576 31.420 16,376 Aetlvhles for gonoratlng funds Community Engagement Friends of Woodhall Spa Cottage Museum Interest income Divldendb Investments - net increase in value 200 Club sale8 Room hire Newsletter advertising in¢ome Museum Publication8 Merchandise $a1é8 Refre8hment sal88 356 2.694 402 8,627 87 3,216 225 8.402 2.694 402 8.627 2,000 1,239 1,188 678 1.794 1,872 2,000 1,994 1,105 1.263 2,048 2,502 1.239 1,188 678 1,794 1.872 23,436 23,436 22,932 Feas and admi8$long Admi8$ion Fees Sundry income 11.657 441 11,657 441 8,741 1,159 12.098 12,098 9,900 T¢rtal Incomlng rw40W 38.378 28,576 66,954 49.208 EXPENDrruRE Charltsbl• actMth• staff costs Consult8n¢y serviee8 Subscriptions and advertising Sundries Training Travel Secretarial and IT Maint0nano• •nd r•p•irn Grounds Maintenance Dep￿clatiOn 19,653 19,653 300 303 1,462 208 19,631 3,500 168 573 303 92 3.549 14 3,302 37,257 810 17.145 3,549 3.262 897 17,145 897 17,145 46.871 46.871 82.400 This page does not fomi part of the Ststut￿Y financial statements Page 13 WOODHALL SPA COThAGE MUSEUM DETAILED STATEMENT OF HNANCIAL ACTMTIES - CONTINUED FOR THE YEPA ENDED 31 DECEMBER 2024 2024 Total fund$ 2023 Total funds Unrestrlcted Restrl¢ted funds funds Genorallng lunds Opening stock Purchases Closing stock Rates and water Insurance Light. he8t and phone Fnends of Woodhall Spa Cottage Museum 200 Club Community Engagement Newsletter Refreshments Aooountanoy Bank and Card charges Investments - net decrè88è in valu8 Govem8n¢e Dèpreciation 8,545 1.553 (6.736) 305 2.413 5,561 1.129 970 224 1,182 163 420 315 6,545 1.553 (6.736) 305 2,413 5.561 1.129 970 224 1,182 163 420 315 1.154 (6,545) 328 2,579 5.016 630 970 1,169 142 420 291 1,917 33 349 13 98 13 14,155 14,155 16.009 Grant oxpendfturo Business Reviv81 Grant 2023 (EL￿> Lincolnshire Coop gr8nt MDEM grant 2022-23 Collectsons Access MDEM grant 2022-23 Reset & Recovery MDEM grant 2023 - Art Fund Workforce Dev MDEM grant 2023 - Sm811 Grant AIM grant - Now Stor188 N•w Audi•noo8 ELDC Councillors, gr8nt UKSPF GRASSroots grent Woodhall Spa Parish CouncH grant 6,000 722 1,000 1,500 1,250 1,920 1,680 12.485 12.485 1,500 13.591 1.000 13,591 30.256 30.256 12,392 Total resourc￿ ¢xpended 61,028 30,256 91,282 110,801 N•1 incomellexpendlture) (22,648) (1,680) (24.328) 161,5931 This page does Tr)t fomi part of the ststuicry financial statements P4e 14