| Page | |||
|---|---|---|---|
| Reference and administrative details ofthe Company, |
its Trustees and advisers | ||
| Trustees' report |
2-6 | ||
| Independent examiner's report |
|||
| Statement offinancial | activities | ||
| Balance sheet | |||
| Notes to the financial | statements | 10-25 |
| F | OR THE YEAR | ENDED 31 DE | CEMBER 2022 | |||
|---|---|---|---|---|---|---|
| Restricted | Unrestricted | Total | Total | |||
| funds | funds | funds | funds | |||
| 2022 | 2022 | 2022 | 2021 | |||
| Note | F | 5 | 5 | |||
| Income from: | ||||||
| Donations and legacies |
2,958 | 12,488 | 15,446 | 155,757 | ||
| Charitable activities |
196,749 | 196,749 | 160,956 | |||
| Investments | 4,680 | 4,680 | 2,902 | |||
| Other income | 3,698 | 3,698 | 23,007 | |||
| Total income | 2,958 | 217,615 | 220,573 | 343,622 | ||
| Expenditure on: |
||||||
| Charitable activities |
5,987 | 346,999 | 352,986 | 350,813 | ||
| Total expenditure | 5,987 | 346,999 | 352,986 | 350,813 | ||
| Net expenditure | (3„029) | (129,384) | (132,413) | (7,191) | ||
| Transfers between |
funds | 17 | (13,308) | 13,308 | ||
| Net movement in |
funds | (16,337) | (116,076) | (132,413) | (7,191) | |
| Reconciliation of |
funds: | |||||
| Total funds brought | forward | 297,033 | 604,251 | 901,284 | 908,475 | |
| Net movement in funds |
(16,337) | (116,076) | (132,413) | (7,191) | ||
| Total funds carried forward | 280,696 | 488,175 | 768,871 | 901,284 |
| Restricted | Unrestricted | Total | ||
|---|---|---|---|---|
| funds | funds | funds | ||
| 2022 | 2022 | 2022 | ||
| 5 | 5 | |||
| Donations | 6,488 | 6,488 | ||
| Grants | 2,958 | 6,000 | 8„958 | |
| 2,958 | 12,488 | 15,446 | ||
| Restricted | Unrestricted | Total | ||
| funds | funds | funds | ||
| 2021 | 2021 | 2021 | ||
| 5 | 5 | 5 | ||
| Donations | 9,180 | 9,180 | ||
| Grants | 91,924 | 21,407 | 113,331 | |
| Government | grants | 34,246 | 34,246 | |
| 91,924 | 64,833 | 155,757 |
| Unrestricted | Total | ||||
|---|---|---|---|---|---|
| funds | funds | ||||
| 2022 | 2022 | ||||
| F | |||||
| Museum | entrance | income | 46,429 | 46,429 | |
| Endowment | income | 100,000 | 100,000 | ||
| Shop and | catering | income | 43,212 | 43,212 | |
| Room hire | and event income | 7,108 | 7,108 | ||
| 196,749 | 196,749 |
| Unrestricted | Totei | ||||
|---|---|---|---|---|---|
| funds | funds | ||||
| 2021 | 2021 | ||||
| E | E | ||||
| Museum | entrance | income | 27,495 | 27,495 | |
| Endowment | income | 100,000 | 100,000 | ||
| Shop and | catering | income | 26,767 | 26,767 | |
| Room hire | and event income | 6,674 | 6,674 | ||
| 160,956 | 160,956 |
| Unrestricted | Total | ||||
|---|---|---|---|---|---|
| funds | funds | ||||
| 2022 | 2022 | ||||
| E | E | ||||
| Interest received | 4,680 | 4,680 | |||
| Unrestricted | Total | ||||
| funds | funds | ||||
| 2021 | 2021 | ||||
| E | E | ||||
| Interest received | 2,902 | 2,902 | |||
| Other incoming | resources | ||||
| Unrestricted | Total | ||||
| funds | funds | ||||
| 2022 | 2022 | ||||
| E | E | ||||
| Partial exemption | VAT recoupment | 3,174 | 3,174 | ||
| Royalties | 24 | 24 | |||
| Business | interruption | claim | 500 | 500 | |
| 3,698 | 3,698 |
| Unrestricted | Total | ||||
|---|---|---|---|---|---|
| funds | funds | ||||
| 2021 | 2021 | ||||
| 6 | 6 | ||||
| Outreach | programme | 229 | 229 | ||
| Partial exemption | VAT recoupment | 3,030 | 3,030 | ||
| Royalties | 32 | 32 | |||
| Business | interruption | claim | 19,716 | 19,716 | |
| 23,007 | 23,007 |
| Restricted | Unrestricted | |||
|---|---|---|---|---|
| funds | funds | Total | ||
| 2022 | 2022 | 2022 | ||
| 6 | 6 | 6 | ||
| Museum | costs | 5,987 | 346,999 | 362,986 |
| Restricted | Unrestricted | |||
| funds | funds | Total | ||
| 2021 | 2021 | 2021 | ||
| Museum | costs | 36,190 | 314,623 | 350,613 |
| Support | Total |
|---|---|
| costs | funds |
| 2022 | 2022 |
| F | |
| 352,986 | 352,986 |
| Support | Total |
|---|---|
| costs | funds |
| 2021 | 2021 |
| 5 | L |
| 350,813 | 350,813 |
| Total | |||||
|---|---|---|---|---|---|
| Activities | funds | ||||
| 2022 F |
2022f | ||||
| Staff costs | 130,249 | 130,249 | |||
| Depreciation | 74,803 | 74,803 | |||
| Insurance | 24,613 | 24,613 | |||
| Maintenance | costs | 45,749 | 45,749 | ||
| Rates and utility |
bills | 14,405 | 14,405 | ||
| Administration | and office | expenses | 37,289 | 37,289 | |
| Learning centre |
activities | 89 | 89 | ||
| Museum costs |
10,583 | 10,583 | |||
| Marketing costs |
3,266 | 3,266 | |||
| Accountancy | fees | 8,820 | 8„820 | ||
| Independent | examination | fees | 3,120 | 3,120 | |
| 352,986 | 352,986 |
| Analysis of |
su | pport cos | ts (continued) | ||
|---|---|---|---|---|---|
| Total | |||||
| Activities | funds | ||||
| 2021 | 2021 | ||||
| Z | |||||
| Staff costs | 125,481 | 125,481 | |||
| Depreciation | 86,995 | 86,995 | |||
| Insurance | 23,451 | 23,451 | |||
| Maintenance | costs | 27,015 | 27,015 | ||
| Rates and utility bills |
9,749 | 9,749 | |||
| Administration | and office | expenses | 25,041 | 25,041 | |
| Learning centre |
activities | 3,960 | 3,960 | ||
| Museum costs | 33,729 | 33,729 | |||
| Marketing costs |
2,257 | 2,257 | |||
| Accountancy | fees | 10,295 | 10,295 | ||
| Independent | examination | fees | 2,840 | 2,840 | |
| 350,813 | 350,813 |
| The indepen 82,840). Staff costs |
dent examiner's remu |
neration amounts to an indepen |
dent examiner fee off3, |
120 (2021 |
|---|---|---|---|---|
| 2022 | 2021 | |||
| 8 | 9 | |||
| Wages and | salaries | 123,130 | 117,775 | |
| Social security costs | 3,733 | 4,369 | ||
| Contribution | to defined contribution | pension schemes | 3,386 | 3,337 |
| 130,249 | 125,481 |
| Plant and | Fixtures and | Office | ||
|---|---|---|---|---|
| machinery | fittings | equipment | Total | |
| F | 6 | 6 | ||
| Cost or valuation | ||||
| At 1 January 2022 | 164,523 | 1,004,350 | 26,199 | 1,195,072 |
| Additions | 6,953 | 27,896 | 435 | 35,284 |
| At 31 December 2022 | 171,476 | 1,032,246 | 26,634 | 1„230,356 |
| Depreciation | ||||
| At 1 January 2022 | 135,598 | 792,218 | 23,300 | 951,116 |
| Charge for the year | 19,308 | 53,813 | 1,682 | 74,803 |
| At 31 December 2022 | 154,906 | 846,031 | 24,982 | 1,025,919 |
| Net book value | ||||
| At 31 December 2022 | 16,570 | 186,215 | 1,652 | 204,437 |
| At 31December 2021 | 28,925 | 212,132 | 2,899 | 243,956 |
| Stocks | ||||
| 2022 | 2021 | |||
| Finished goods | 13,683 | 14,220 |
| 2022 f |
2021 5 |
|||
|---|---|---|---|---|
| Due within one year | ||||
| Other debtors | 13,817 | 5,670 | ||
| Prepayments | and accrued income | 21,507 | 21,500 | |
| 35,324 | 27,170 | |||
| Creditors: Amounts | falling due within one year | |||
| 2022 | 2021 | |||
| 5 | ||||
| Trade creditors | 1,846 | 1,414 | ||
| Other taxation | and social security | 2,542 | ||
| Pension fund |
loan payable | 912 | 903 | |
| Accruals and | deferred | income | 27,277 | 17,642 |
| 32,577 | 19,959 |
| 2022 | 2021 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 5 | 5 | ||||||||||
| Financial | assets | ||||||||||
| Financial | assets | measured | at | fair | value | through | income | and | expenditure | 548,004 | 635,897 |
| Statement offunds | - c | urrent | year | ||||
|---|---|---|---|---|---|---|---|
| Balance at | |||||||
| Balance at 1 | 31 | ||||||
| January | Transfers | December | |||||
| 2022 | Income | Expenditure | in/out | 2022 | |||
| E | E | E | F | ||||
| Unrestricted funds |
|||||||
| Designated funds |
|||||||
| Perpetual Maintenance |
Fund | 100,000 | 100,000 | ||||
| Closure Reserve | 100,000 | 100,000 | |||||
| Operations Room |
30,000 | 30,000 | |||||
| Bunker Door Handle | 322 | 322 | |||||
| 230,000 | 322 | 230,322 | |||||
| General funds | |||||||
| General Funds |
374,251 | 217,293 | (346,999) | 13,308 | 257,853 | ||
| Total Unrestricted | funds | 604,251 | 217,615 | (346,999) | 13,308 | 488,175 | |
| Restricted funds | |||||||
| The Ministry of Defence | |||||||
| (LIBOR) | 281,805 | (4,067) | 277,738 | ||||
| NLHF Bunker Project | 15,228 | (1,920) | (13,308) | ||||
| AIM Gallery Blinds | 2,958 | 2,958 | |||||
| 297,033 | 2,958 | (5,987) | (13,308) | 280,696 | |||
| Total offunds | 901,284 | 220,573 | (352,986) | 768,871 |
| Balance at | |||||||
|---|---|---|---|---|---|---|---|
| Balance at | 31 | ||||||
| 1January | Transfers | December | |||||
| 2021f | Income f |
Expenditure | in/out f |
2021f | |||
| Unrestricted funds |
|||||||
| Designated funds |
|||||||
| Perpetual Maintenance |
Fund | 100,000 | 100,000 | ||||
| Closure Reserve | 100,000 | 100,000 | |||||
| Operations Room |
30,000 | 30,000 | |||||
| Bunker Door Handle | |||||||
| 100,000 | 130,000 | 230,000 | |||||
| General funds | |||||||
| General Funds | 495,141 | 251,698 | (314,623) | I'57,965) | 374,251 | ||
| Total Unrestricted | funds | 595,141 | 251,698 | (314,623) | 72,035 | 604,251 | |
| Restricted funds | |||||||
| The Ministry of Defence | |||||||
| (LIBOR) | 301,076 | (8,355) | (10,916) | 281,805 | |||
| NLHF Bunker Project | 12,258 | 91,924 | (27,835) | (61,119) | 15,228 | ||
| AIM Gallery Blinds | |||||||
| 313,334 | 91,924 | (36,190) | (72,035) | 297,033 | |||
| Total offunds | 908,475 | 343,622 | (350,813) | 901,284 |
| Summary | offunds - prior |
year | ||||
|---|---|---|---|---|---|---|
| Balance at | ||||||
| Balance at | 31 | |||||
| 1January | Transfers | December | ||||
| 2021 8 |
Income f |
Expenditure f |
in/out E |
2021 8 |
||
| Designated | funds | 100,000 | 130,000 | 230,000 | ||
| General funds | 495,141 | 251,698 | (314,623) | (57,965) | 374,251 | |
| Restricted | funds | 313,334 | 91,924 | (36,190) | (72,035) | 297,033 |
| 908,475 | 343,622 | (350,813) | 901,284 |
| Analysis | of net assets between funds - current year | |||
|---|---|---|---|---|
| Restricted | Unrestricted | Total | ||
| funds | funds | funds | ||
| 2022 | 2022 | 2022 | ||
| 6 | 6 | |||
| Tangible | fixed assets | 204,437 | 204,437 | |
| Current | assets | 282,616 | 314,395 | 597,011 |
| Creditors | due within one year | (1,920) | (30,657) | (32,577) |
| Total | 280,696 | 488,175 | 768,871 | |
| Analysis | of net assets between funds - prior year | |||
| Restricted | Unrestricted | Total | ||
| funds | funds | funds | ||
| 2021 f |
2021 f |
2021f | ||
| Tangible | fixed assets | 243,956 | 243,956 | |
| Current | assets | 297,033 | 380,254 | 677,287 |
| Creditors | due within one year | (19,959) | (19,959) | |
| Total | 297,033 | 604,251 | 901,284 |