| Reference and Administrative Details |
Reference and Administrative Details |
|
|---|---|---|
| Trustees' Report | 2to 8 | |
| Statement ofTrustees' | Responsibilities | |
| Independent Auditors' |
Report | 10to 13 |
| Statement of Financial | Activities | 14to 15 |
| Balance Sheet | 16 | |
| Notes tothe Financial | Statements | 17to 35 |
| Trustees | Colonel (Retired) Brian | Colonel (Retired) Brian | M | Gorski MBE DL MSc | Gorski MBE DL MSc | Gorski MBE DL MSc | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Colonel (Retired) James | W Denny MBE | ||||||||||
| Lieutenant | Colonel (Retired) Eric W Davidson | MBE DL | |||||||||
| Lieutenant | Colonel David | J Cook | |||||||||
| Lieutenant | Colonel Shauna M Dixon MBE |
||||||||||
| Major (Retired) John Kershaw | ACIB | ||||||||||
| Lieutenant | Colonel (Retired) | Keith | Kiddie (appointed | 9 December | |||||||
| 2019) | |||||||||||
| Mr Peter Metcalfe FCA | (appointed | 27January | 2020) | ||||||||
| Mrs Karan P Lee | |||||||||||
| Mrs Patricia | Greenhalgh-Jones | ||||||||||
| Mr Andrew | P Chapman | MA (resigned 10December 2019) | |||||||||
| Principal | Office | The Fusilier | Museum | ||||||||
| Moss Street | |||||||||||
| Bury | |||||||||||
| BL9ODF | |||||||||||
| The charity | is incorporated | in | England. | ||||||||
| Company | Registration | Number | 04791136 | ||||||||
| Charity Registration | Number | 1115452 | |||||||||
| Bankers | Barclays Bank Plc | ||||||||||
| 1Central Street | |||||||||||
| The Rock | |||||||||||
| Bury | |||||||||||
| Lancashire | |||||||||||
| BL9OJN | |||||||||||
| Auditor | Horsfield 5 | Smith | |||||||||
| Chartered Accountants |
& | Statutory | Auditor | ||||||||
| Tower House | |||||||||||
| 269Walmersley Road |
|||||||||||
| Bury | |||||||||||
| Lancashire | |||||||||||
| BL96NX |
| AND STATEME | NT OF | TOTAL R | ECOGNISED | GAINS AND | LOSSES) | |
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||||
| funds | funds | 2020 | ||||
| Note | f | f | f | |||
| Income and Endowments | from: | |||||
| Donations and legacies |
262,001 | 8,030 | 270,031 | |||
| Other trading activities | 80,883 | 80,883 | ||||
| Investment income |
213 | 213 | ||||
| Other income | 5,226 | 5,226 | ||||
| Total income | 348,323 | 8,030 | 356,353 | |||
| Expenditure on: |
||||||
| Raising funds | (45,970) | (45) | (46,015) | |||
| Charitable activities |
(215,049) | (42,007) | (257,056) | |||
| Total expenditure | (261,019) | (42,052) | (303,071) | |||
| Net income/(expenditure) | 87,304 | (34,022) | 53,282 | |||
| Transfers between | funds | 1,275 | (1,275) | |||
| Net movement in funds |
88,579 | (35,297) | 53,282 | |||
| Reconciliation offunds | ||||||
| Total funds brought | forward | 1,377,875 | 3,275,239 | 4,653,114 | ||
| Total funds carried | forward | 21 | 1,466,454 | 3,239,942 | 4,706,396 |
| Unrestricted | Restricted | Total | |||
|---|---|---|---|---|---|
| funds | funds | 2019 | |||
| Note | E | f | E | ||
| Income and Endowments | from: | ||||
| Donations and legacies |
190,635 | 96,386 | 287,021 | ||
| Other trading activities | 194,092 | 194,092 | |||
| Investment income |
545 | 545 | |||
| Other income | 3,000 | 3,000 | |||
| Total income | 388,272 | 96,386 | 484,658 | ||
| Expenditure on: |
|||||
| Raising funds | (100,160) | (100,160) | |||
| Charitable activities |
(300,959) | (150,647) | (451,606) | ||
| Total expenditure | (401,119) | (150,647) | (551,766) | ||
| Net expenditure | (12,847) | (54,261) | (67,108) | ||
| Transfers between funds | (13,621) | 13,621 | |||
| Net movement in funds |
(26,468) | (40,640) | (67,108) | ||
| Reconciliation offunds | |||||
| Total funds brought forward | 1,404,343 | 3,315,879 | 4,720,222 | ||
| Total funds carried forward | 21 | 1,377,875 | 3,275,239 | 4,653,114 |
| 2020 | 2019 | ||||
|---|---|---|---|---|---|
| Note | f | ||||
| Fixed assets | |||||
| Tangible assets | 15 | 4,604,520 | 4,649,538 | ||
| Current assets | |||||
| Stocks | 17 | 24,552 | 26,112 | ||
| Debtors | 18 | 17,967 | 28,699 | ||
| Cash at bank | and in hand | 19 | 126,229 | 44,420 | |
| 168,748 | 99,231 | ||||
| Creditors: Amounts | falling due within one year | 20 | (66,872) | (95,655) | |
| Net current | assets | 101,876 | 3,576 | ||
| Net assets | 4,706,396 | 4,653,114 | |||
| Funds ofthe | charity: | ||||
| Restricted income funds | |||||
| Restricted funds | 3,239,942 | 3,275,239 | |||
| Unrestricted | income | funds | |||
| Unrestricted | funds | 1,466,454 | 1,377,875 | ||
| Total funds | 21 | 4,706,396 | 4,653,114 |
| 3 Incom |
e fro | m donations and legacies |
|||
|---|---|---|---|---|---|
| Unrestricted | |||||
| funds | Restricted | Total | |||
| General | funds | funds | |||
| f | f | f | |||
| Donations | and | legacies; | |||
| Sponsorship | 700 | ||||
| Gift aid | reclaimed | 2,664 | 2,664 | ||
| Grants, including capital grants; |
|||||
| Government | grants | 67,688 | 67,688 | ||
| Grants | receivable | 180,373 | 7,530 | 187,903 | |
| Regular giving | and capital donations | 10,576 | 500 | 11,076 | |
| Total for | 2020 | 262,001 | 8,030 | 270,031 | |
| Total for | 2019 | 190,635 | 96,386 | 287,021 | |
| Unrestricted grants receivable |
| Total | Total | ||
|---|---|---|---|
| General | 2020 | 2019 | |
| f | f | f | |
| Bury MBC | 92,882 | 92,882 | 52,100 |
| MOD | 36,908 | 36,908 | 36,908 |
| Arts Council England | 31,500 | 31,500 | |
| AMOT | 971 | 971 | |
| RRF (Tower of London) | 15,000 | 15,000 | 15,000 |
| Fusiliers Aid Society | 1,112 | 1,112 | |
| Collections Trust | 2,000 | 2,000 | 1,496 |
| 180,373 | 180,373 | 105,504 |
| Unrestricted | ||||
|---|---|---|---|---|
| funds | ||||
| Total | Total | |||
| General | 2020 | 2019 | ||
| f | f | f | ||
| Trading income; | ||||
| Shop income | 7,488 | 7,488 | 17,896 | |
| Other income; | ||||
| Admission | income | 6,762 | 6,762 | 22,142 |
| Corporate | lettings | 32,564 | 32,564 | 90,235 |
| Cafe income | 34,069 | 34,069 | 63,819 | |
| 80,883 | 80,883 | 194,092 |
| Unrestricted | ||||
|---|---|---|---|---|
| funds | Total | |||
| General | funds | |||
| f | f | |||
| Interest receivable and similar income; | ||||
| Interest receivable on bank deposits | 213 | 213 | ||
| Total for 2020 | 213 | 213 | ||
| Total for 2019 | 545 | 545 | ||
| 6 | Other income | |||
| Unrestricted | ||||
| Total | Total | |||
| General | 2020 | 2019 | ||
| f | f | f | ||
| Rental income | 3,000 | |||
| Other income | 5,226 | 5,226 | ||
| 5,226 | 5,226 | 3,000 |
| Restricted | Total | |
|---|---|---|
| funds | 2020 | |
| f | f | |
| 45 | 45 |
| Unrestricted | ||||
|---|---|---|---|---|
| funds | ||||
| Total | Total | |||
| General | 2020 | 2019 | ||
| f | f | f | ||
| Shop | costs | 2,492 | 2,492 | 7,039 |
| Cafe | costs | 39,666 | 39,666 | 77,106 |
| Event | costs | 3,812 | 3,812 | 16,015 |
| 45,970 | 45,970 | 100,160 | ||
| Total | ||||
| costs | ||||
| f |
| Unrestricted | |||||
|---|---|---|---|---|---|
| funds | Restricted | Total | |||
| General | funds | funds | |||
| Mote | f | f | f | ||
| Staff costs | 120,402 | 2,000 | 122,402 | ||
| Allocated support costs | 90,243 | 40,007 | 130,250 | ||
| Governance | costs- | 4,404 | 4,404 | ||
| Total for 2020 | 215,049 | 42,007 | 257,056 | ||
| Total for 2019 | 300,959 | 150,647 | 451,606 | ||
| Activity | |||||
| undertaken | Governance | Total | |||
| directly f |
costs f |
expenditure f |
|||
| Fusiliers Museum | 250,386 | 4,404 | 254,790 | ||
| Total for 2019 | 444,090 | 7,516 | 451,606 |
| Unrestricted | |||||
|---|---|---|---|---|---|
| funds | Total | Total | |||
| General | 2020 | 2019 | |||
| f | f | f | |||
| Audit fees | |||||
| Audit ofthe financial statements | 2,800 | 2,800 | 2,800 | ||
| Other fees paid to auditors | 1,604 | 1,604 | 4,716 | ||
| 4,404 | 4,404 | 7,516 | |||
| Unrestricted | |||||
| funds | Total | ||||
| General | funds | ||||
| f | |||||
| Audit fees | |||||
| Audit ofthe financial statements | 2,800 | 2,800 | |||
| Other fees paid to auditors | 1,604 | 1,604 | |||
| Total for 2020 | 4,404 | 4,404 | |||
| Total for2019 | 7,516 | 7,516 | |||
| 10Net incoming/outgoing | resources | ||||
| Net incoming/(outgoing) | resources forthe year include: | ||||
| 2020 | 2019 | ||||
| f | f | ||||
| Audit fees | 2,800 | 2,800 | |||
| Other non-audit | services | 1,604 | 4,716 | ||
| Depreciation offixed assets |
45,019 | 46,105 | |||
| 11Trustees remuneration | and expenses |
| 12Staff costs The aggregate payroll costs were as follows: |
||
|---|---|---|
| 2020 | 2019 | |
| f | f | |
| Staff costs during the year were: | ||
| Wages and salaries | 141,730 | 180,532 |
| Social security costs | 5,145 | 9,350 |
| Pension costs | 1,945 | 2,397 |
| 148,820 | 192,279 |
| Administrative | staff |
|---|---|
| Management | staff |
| Barstaff | |
| Cafe staff |
| 2020 | 2019 | |
|---|---|---|
| No | No | |
| 14 |
| 13Auditors' remuneration |
||
|---|---|---|
| 2020 | 2019 | |
| f | f | |
| Audit ofthe financial statements | 2,800 | 2,800 |
| Other fees to auditors | ||
| All other non-audit services |
1,604 | 4,716 |
| 15Tangible fixed assets | |||
|---|---|---|---|
| Equipment | |||
| Land and | furniture and |
||
| buildings f |
fixtures f |
Total f |
|
| Cost | |||
| At 1October 2019 | 5,174,407 | 174,235 | 5,348,642 |
| At 30September 2020 | 5,174,407 | 174,235 | 5,348,642 |
| Depreciation | |||
| At 1October 2019 | 542,168 | 156,935 | 699,103 |
| Charge forthe year | 41,395 | 3,624 | 45,019 |
| At 30September 2020 | 583,563 | 160,559 | 744,122 |
| Net book value | |||
| At 30September 2020 | 4,590,844 | 13,676 | 4,604,620 |
| At 30September 2019 | 4,632,239 | 17,300 | 4,649,539 |
| 17Stock | ||
|---|---|---|
| 2020 | ,2019 | |
| f | f | |
| Shop stock | 22,401 | 22,401 |
| Barstock | 747 | 1,793 |
| Cafe stock | 1,404 | 1,918 |
| 24,552 | 26,112 |
| 18Debtors | ||||
|---|---|---|---|---|
| 2020 | 2019 | |||
| f | f | |||
| Trade debtors | 9,844 | 8,882 | ||
| Prepayments | and accrued income | 7,154 | 5,768 | |
| Other debtors | 969 | 14,049 | ||
| 17,967 | 28,699 | |||
| 19Cash and cash equivalents | ||||
| 2020 | 2019 | |||
| f | f | |||
| Cash on hand | 650 | 650 | ||
| Cash at bank | 125,579 | 43,770 | ||
| 126,229 | 44,420 | |||
| 20 Creditors: | amounts | falling due within one year | ||
| 2020 | 2019 | |||
| f | f | |||
| Trade creditors | 39,982 | 64,524 | ||
| Other taxation | and social security | 1,704 | 2,585 | |
| Other creditors | 25,186 | 28,546 | ||
| 66,872 | 95,655 |
| 21Funds | |||||
|---|---|---|---|---|---|
| Balance at | |||||
| Balance at | 30 | ||||
| 1October | Incoming | Resources | September | ||
| 2019 f |
resources f |
expended f |
Transfers f |
2020 f |
|
| Unrestricted funds |
|||||
| General | 1,377,875 | 348,323 | (261,019) | 1,275 | 1,466,454 |
| Restricted funds | |||||
| Development fund |
3,247,727 | (29,003) | 3,218,724 | ||
| Booth Charities | 8,958 | (4,925) | 4,033 | ||
| Collections Trust | 2,500 | 2,500 | |||
| Fusiliers Aid Society | 2,250 | 500 | (2,750) | ||
| HLF Collecting Cultures | 7,353 | (2,479) | 4,874 | ||
| National Heritage 18for |
|||||
| 18 | 1,275 | (1,275) | |||
| EGartside Memorial | |||||
| Painting | 150 | 150 | |||
| HLF Tolkien Exhibition | 3,296 | (2,065) | 1,231 | ||
| AIM | 860 | 8,400 | (830) | 8,430 | |
| Warwick Museum | 870 | (870) | |||
| Total restricted funds | 3,275,239 | 8,030 | (42,052) | (1,275) | 3,239,942 |
| Total funds | 4,653,114 | 356,353 | (303,071) | 4,706,396 | |
| Balance at | |||||
| Balance at | 30 | ||||
| 1October | Incoming | Resources | September | ||
| 2018 f |
resources | expended f |
Transfers f |
2019 f |
|
| Unrestricted funds |
|||||
| General | 1,404,343 | 388,272 | (401,119) | (13,621) | 1,377,875 |
| Restricted funds | |||||
| Development fund |
3,277,816 | (30,089) | 3,247,727 | ||
| Booths Charities | 9,250 | (292) | 8,958 | ||
| Collections Trust | 2,500 | 2,500 | |||
| Fusiliers Aid Society | 7,500 | (5,250) | 2,250 | ||
| HLF Collecting Cultures | 23,617 | (16,264) | 7,353 |
| FOR THE | YEAR ENDED | 30SEPTEMB | ER2020 | |||
|---|---|---|---|---|---|---|
| Balance at | ||||||
| Balance at | 30 | |||||
| 1October | Incoming | Resources | September | |||
| 2018 f |
resources f |
expended f |
Transfers f |
2019 f |
||
| National | Heritage 18for | |||||
| 18 | 4,346 | 19,950 | (23,021) | 1,275 | ||
| Bury MBC | 10,000 | (14,139) | 4,139 | |||
| EGartside Memorial | ||||||
| Painting | 50 | 150 | ||||
| Viridor | 27,799 | (30,799) | 3,000 | |||
| HLF Tolkien Exhibition | 9,200 | (5,903) | 3,297 | |||
| AIM | 6,187 | (5,484) | 157 | 860 | ||
| Website | Development | (6,325) | 6,325 | |||
| Warwick | Museum | 13,950 | (13,080) | 870 | ||
| Total restricted funds | 3,315,879 | 96,386 | (150,646) | 13,621 | 3,275,240 | |
| Total funds | 4,720,222 | 484,658 | (551,765) | 4,653,115 |
| Unrestricted | Total funds at | |||
|---|---|---|---|---|
| funds | Restricted | 30September | ||
| General | funds | 2020 | ||
| f | f | f | ||
| Tangible | fixed assets | 1,386,881 | 3,217,639 | 4,604)520 |
| Current | assets | 146,445 | 22,303 | 168,748 |
| Current | liabilities | (66,872) | (66,872) | |
| Total net assets | 1,466,454 | 3,239,942 | 4,706,396 | |
| Unrestricted | Total funds at | |||
| funds | Restricted | 30September | ||
| General | funds | 2019 | ||
| f | f | |||
| Tangible | fixed assets | 1,401,811 | 3,247,727 | 4,649,538 |
| Current | assets | 71,719 | 27,512 | 99,231 |
| Current | liabilities | (95,655) | (95,655) | |
| Total net assets | 1,377,875 | 3,275,239 | 4,653,114 | |
| 23 Analysis ofnet funds | ||||
| At 30 | ||||
| At 1October | Financing | September | ||
| 2019 f |
cash flows f |
2020f | ||
| Cash at bank and in hand | 44,420 | 81,609 | 126,029 | |
| Net debt | 44,420 | 81,609 | 126,029 | |
| At 30 | ||||
| At 1October | Financing | September | ||
| 2018 | cash flows | 2019 | ||
| f | f | f | ||
| Cash at bank and in hand | 118,937 | (74,517) | 44,420 | |
| Net debt | 118,937 | (74,517) | 44,420 |
| Categorisation offinancial instruments |
Categorisation offinancial instruments |
||||
|---|---|---|---|---|---|
| 2020 | 2019 | ||||
| f | f' | ||||
| Financial | assets that are debt instruments | measured | at amortised | ||
| cost | 134,727 | 53,302 | |||
| Financial | liabilities measured at amortised |
cost | 55,003 | 85,368 | |
| Financial | assets consist ofcash and trade | debtors. | |||
| Financial | liabilities consist oftrade creditors and accruals. |