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|---|---|---|---|---|
|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|
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|||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|
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|||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|
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|||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|
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|||||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|
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|||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|
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||||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|
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|||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|
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||||||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|
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|||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|
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||||||||||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|
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|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|
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||||||||||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|
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||||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|
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