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2020-12-31-accounts

				Page
Reference and Administrative Details of the Company,		its Trustees	and Advisers
Trustees' Report				2-8
Independent Examiner's	Report
Statement of Financial	Activities			10
Balance Sheet
Notes to the Financial Statements				12-27

		F	OR THE YEA	R ENDED 31 DE	CEMBER 2020
				Unrestricted	Restricted	Total	Total
				funds	funds	funds	funds
				2020	2020	2020	2018
			Note	2	2
Income from:
Donations and legacies			3	61,178	34,250	95,428	12,133
Charitable activities			4	92,783		92,783	228,8(2
Investments			5	4,120		4,120	4,405
Other income			6	4,201		4,201	8,152
Total income				162,282	34,250	196,532	253,502
Expenditure on:
Charitable activities				393,755	26,710	420,465	489,038
Total expenditure				393,755	26,710	420,465	489,088
Net (expenditure)/income				(231,473)	7,540	(223,933)	(235,538)
Transfers between	funds		16	43,760	(43,760)
Net movement in	funds			(187,713)	(36,220)	(223,933)	(235,536)
Reconciliation of	funds:
Total funds brought		forward		782,854	349,554	1,132,408	1,387,944
Net movement in funds				(187,713)	(36,220)	(223,933)	(235,538)
Total funds carried		forward		595,141	313,334	908,475	1, 132,408

		BALANCE	SHEET
		AS AT 31 DECEIIIIBER 2020
				2020		2019
		Note
Fixed assets
Tangible assets				284,445		384,388
				284,445		364,388
Current assets
Stocks		12	15,419		11,204
Debtors		13	38,464		33,479
Cash at bank and in hand			590,486		741,298
			644,369		785,979
Creditors: amounts	falling due within one
year			(20,339)		(17,939)
Net current assets				624,030		788,040
Total net assets				808,475		1,132,408
Charity funds
Restricted funds		16		313,334		349,554
Unrestricted funds		16		595,141		782 854
Total funds				908,475		1,132,408

		Unrestricted	Restricted	Total
		funds	funds	funds
		2020	2020	2020
		2	6	2
Donations		3,281		3,281
Grants			34,250	34,250
Government	grants	57,897		57,897
		61,178	34,250	95,428
			Unrestricted	Total
			funds	funds
			2019	2019
			2
Donations			12,133	12,133

				Unrestricted	Total
				funds	funds
				2020	2020
				2	2
Museum	entrance		income	20,660	20,880
Endowment		income		50,000	50,000
Shop and	catering		income	19,699	19,699
Room hire		and event income		2,204	2,204
				92,763	92,783
				Unrestricted	Total
				funds	funds
				2019f	2019
Museum	entrance		income	63,090	63,090
Endowment		income		87,500	67,500
Shop and	catering		income	60,241	60,241
Room hire		and event income		17,961	17,981
				228,812	228,812

		Unrestricted	Total
		funds	funds
		2020	2020
			9
Interest	received	4,120	4,120
		Unrestricted	Total
		funds	funds
		2019	2019f
Interest	received	4,405	4,405

			Unrestricted	Total
			funds	funds
			2020	2020
				2
Outreach	programme		11	11
Partial exemption		VAT recoupment	4,131	4,131
Royalties			59	59
			4,201	4,201
			Unrestricted	Total
			funds	funds
			2019f	2019f
Outreach	programme		381	381
Partial exemption		VAT recoupment	7,722	7,722
Royalties			49	49
			8,152	8,152

		Support	Total
		costs	funds
		2020f	2020 6
Museum	costs	420,465	420,465
		Support	Total
		costs	funds
		2019f	2019
Museum	costs	489,038	489,038

					Total
				Activities	funds
				2020	2020
					6
Staff costs				141,880	141,880
Depreciation				99,812	99,812
Insurance				22,408	22,408
Maintenance	costs			58,602	58,602
Rates and utility		bills		14,251	14,251
Administration	and office		expenses	24,421	24,421
Learning centre		activities		8,605	8,605
Museum costs				31,082	31,082
Marketing costs				8,509	8,509
Accountancy	fees			8,715	8,715
Independent	exantination		fees	2,180	2,180
				420,465	420,465
					Total
				Activities	funds
				2019	2019
					S
Staff costs				139,SSO	139,860
Depreciation				132,751	132,751
Insurance				20,148	20,148
Legal costs				2,880	2,880
Maintenance	costs			30,905	30,906
Rates and utility		bills		20,065	20,065
Administration	and office		expenses	42,042	42,042
Learning centre		activities		29,896	29,896
Museum costs				45,210	45,210
Marketing costs				11,180	11,180
Accountancy	fees			12,200	12,200
Independent	examination		fees	1,900	1,900
				489,038	489,038

		Plant and	Fixtures and	Office
		machinery	fittings	equipment	Total
			2	2	2
	Cost or valuation
	At 1 January 2020	121,662	985,427	21,589	1,128„678
	Additions	12,974	6,114	800	19,888
	At 31 December 2020	134,636	991,541	22,389	1,148,566
	Depreciation
	At 1 January 2020	93,639	652,874	17,797	764,310
	Charge for the year	20,665	75,923	3,223	99,811
	At 31 December 2020	114,304	728,797	21,020	864,121
	Net book value
	At 31 December 2020	20,332	262,744	1,369	284,445
	At 31 December 2019	28,023	332,553	3,792	354,358
12.	Stocks
				2020 2	2019f
	Finished goods			15,419	11,204
13.	Debtors
				2020	2019f
	Other debtors			18,085	12,896
	Prepayments and accrued income			20,379	20,583
				38,464	33,479

									2020 9	2019f
Trade creditors									4,660	6,662
Other taxation and		social security							3,388	4,098
Pension	fund loan	payable							944	1,046
Other creditors										805
Accruals	and deferred		income						11,347	5,330
									20,339	17,939
Financial	instruments
									2020 6	2019f
Financial	assets
Financial	assets measured			at	fair value through		income and expenditure		590,486	741,296
Financial	assets measured			at	amortised	cost through		income and
expenditure									18,085	12,898
									608,571	754,192
									2020 9	2019 f
Financial	liabilities
Financial	liabilities	measured			at amortised	cost	through	income and
expenditure									4,660	7,467

Statemen	t	of funds	-c	urrent	year
									Balance at
					Balance at 1				31
					January			Transfers	December
					2020	Income	Expenditure	in/out	2020
					2	2	6	6	6
Unrestricted		funds
Designated		funds
Perpetual	Maintenance			Fund	100,000				100,000
General	funds
General	Funds				682,854	162,282	(393,755)	43,760	495,141
Total Unrestricted			funds		782,854	162,282	(393,755)	43,760	595,141
Restricted		funds
The Ministry		of Defence
(LIBOR)					349,554		(19,306)	(29,172)	301,076
NLHF Bunker Project						34,250	(7,404)	(14,588)	12,258
					349,554	34,250	(26,710)	(43,760)	313,334
Total of	funds				1,132,408	196,532	(420,465)		908,475

									Balance at
					Balance at				31
					1January			Transfers	December
					2019f	income	Expenditure	in(outf	2019f
Unrestricted		funds
Designated		funds
Perpetual	Maintenance			Fund	100,000				100,000
General	funds
General	Funds - all		funds		777,296	253,502	(428,495)	80,551	682,854
Total Unrestricted			funds		677,296	253,502	(428,495)	80,551	782,854
Restricted		funds
The Ministry		of Defence
(LIBOR)					490,648		(60,543)	(80,551)	349,554
Total of	funds				1,367,944	253,502	(489,038)		1,132,408

			Unrestricted	Restricted	Total
			funds	funds	funds
			2020	2020	2020
			2	2
Tangible	fixed	assets	284,445		284,445
Current	assets		331,035	313,334	644,369
Creditors	due	within one year	(20,339)		(20,339)
Total			595,141	313,334	908,475

			Unrestricted	Restricted	Total
			funds	funds	funds
			2019f	2019	2019
Tangible	fixed	assets	364,368		384,368
Current	assets		436,425	349,554	785,979
Creditors	due	within one year	(17,939)		(17,939)
Total			782,854	349,554	1,132,408