##
##
|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.|||||