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|Reference and Administrative
Details|Reference and Administrative
Details||
|---|---|---|
|Strategic Report|||
|Trustees'
Report||3to6|
|Statement of Trustees'|Responsibilities||
|independent
Auditors'|Report|8to 11|
|Statement of Financial|Activities|12to 13|
|Balance Sheet||14|
|Notes to the Financial|Statements|15to 32|
|Trustees||||Colonel (Retired) Brian M Gorski MBE DL|Colonel (Retired) Brian M Gorski MBE DL|Colonel (Retired) Brian M Gorski MBE DL|Colonel (Retired) Brian M Gorski MBE DL|MSc|||
|---|---|---|---|---|---|---|---|---|---|---|
|||||Colonel (Retired) James W Denny MBE|||||||
|||||Lieutenant
Colonel (Retired) Eric W|||Davidson||MBE|DL|
|||||Lieutenant
Colonel (Retired) Keith Kiddie|||||||
|||||Mr Peter Metcalfe
FCA|||||||
|||||Mrs Karan P Lee|||||||
|||||Lieutenant
Colonel David J Cook (resigned||||July|2021)||
|||||Lieutenant
Colonel Shauna|M|Dixon|MBE|(resigned||May 2021)|
|||||Major (Retired) John Kershaw||ACIB|(resigned September 2021)||||
|||||Mrs Patricia Greenhalgh-Jones||(resigned||February||2021)|
|||||Lieutenant
Colonel lain MacDoanald|||Hallam||||
|||||Major Richard
M Smith|||||||
|||||Mr Robert J Collicutt|||||||
|Charity Registration||Number||1115452|||||||
|Company|Registration||Number|04791136|||||||
|||||The charity
is incorporated|in|England.|||||
|Principal|Office|||The Fusilier Museum|||||||
|||||Moss Street|||||||
|||||Bury|||||||
|||||BL9ODF|||||||
|Auditor||||I-lorsfield &Smith|||||||
|||||Chartered
Accountants 5Statutory|||Auditor||||
|||||Tower House|||||||
|||||269Walmersley
Road|||||||
|||||Bury|||||||
|||||Lancashire|||||||
|||||BL96NX|||||||
|Bankers||||Barclays Bank Pic|||||||
|||||1Central Street|||||||
|||||The Rock|||||||
|||||Bury|||||||
|||||Lancashire|||||||
|||||BL9OJN|||||||
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|AND STATEME|NT OF|TOTAL R|ECOGNISED|GAINS AND|LOSSES)||
|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|
|||||funds|funds|2021|
||||Note|f||f|
|Income and Endowments||from:|||||
|Donations
and legacies||||226,642|96,913|323,555|
|Other trading
activities||||55,181||55,181|
|Investment
income||||25||25|
|Other income||||1,300||1,300|
|Total income||||283,148|96,913|380,061|
|Expenditure
on:|||||||
|Raising funds||||(52,183)||(52,183)|
|Charitable
activities||||(167,679)|(121,696)|(289,375)|
|Total expenditure||||(219,862)|(121,696)|(341,558)|
|Net income/(expenditure)||||63,286|(24,783)|38,503|
|Transfers between|funds|||694|(694)||
|Net movement
in funds||||63,980|(25,477)|38,503|
|Reconciliation offunds|||||||
|Total funds brought|forward|||1,466,454|3,239,942|4,706,396|
|Total funds carried|forward||21|1,530,434|3,214,465|4,744,899|
##
|AND STATEMEN|T O|F 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
Charitable
activities||||(45,970)
(215,049)|(45)
(42,007)|(46,015)
(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 of funds|||||||
|Total funds brought|forward|||1,377,875|3,275,239|4,653,114|
|Total funds carried|forward|||1,466,454|3,239,942|4,706,396|
##
##
|||||2021|2020|
|---|---|---|---|---|---|
||||Note|6|6|
|Fixed assets||||||
|Tangible assets|||15|4,559,501|4,604,520|
|Current assets||||||
|Stocks|||17|2,557|24,552|
|Debtors|||18|24,641|17,967|
|Cash at bank|and in hand||19|235,653|126,229|
|||||262,851|168,748|
|Creditors: Amounts||falling due within one year|20|(77,453)|(66,872)|
|Net current|assets|||185,398|101,876|
|Net assets||||4,744,899|4,706,396|
|Funds ofthe|charity:|||||
|Restricted income funds||||||
|Restricted funds||||3,214,465|3,239,942|
|Unrestricted|income|funds||||
|Unrestricted|funds|||1,530,434|1,466,454|
|Total funds|||21|4,744,899|4,706,396|
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|||||Unrestricted|||
|---|---|---|---|---|---|---|
|||||funds|Restricted|Total|
|||||General|funds|funds|
|||||f|6|6|
|Donations|and|legacies;|||||
|Sponsorship||||700||700|
|Grants, including|||capital grants;||||
|Government||grants||38,836||38,836|
|Grants|receivable|||179,075|96,913|275,988|
|Regular giving||and capital donations||8,031||8,031|
|Total for|2021|||226,642|96,913|323,555|
|Total for|2020|||262,001|8,030|270,031|
##
||||Total|Total|
|---|---|---|---|---|
|||General|2021|2020|
|||f|g|6|
|Bury MBC||116,879|116,879|92,882|
|MOD||36,908|36,908|36,908|
|National|Heritage|10,288|10,288||
|RRF (Tower of London)||15,000|15,000|15,000|
|Collections Trust||||2,000|
|||179,075|179,075|146,790|
##
##
##
|4|Income from|other trading activities||||
|---|---|---|---|---|---|
||||Unrestricted|||
||||funds|||
|||||Total|Total|
||||General
f|2021
f|2020
f|
|Trading income;||||||
||Shop income||2,484|2,484|7,488|
|Other income;||||||
||Admission
income||4,239|4,239|6,762|
||Corporate
lettings||42,549|42,549|32,564|
|Cafe income|||5,909|5,909|34,069|
||||55,181|55,181|80,883|
|5|Investment|income||||
|||||Unrestricted||
|||||funds|Total|
|||||General|funds|
|||||f|f|
|Interest receivable and similar income;||||||
||Interest receivable on bank deposits|||25|25|
|Total for 2021||||25|25|
|Total for 2020||||213|213|
|6|Other income|||||
||||Unrestricted|||
|||||Total|Total|
||||General|2021|2020|
||||f||f|
|Other income|||1,300|1,300|5,226|
##
##
##
|b) C|osts oftrading activities||||
|---|---|---|---|---|
|||Unrestricted|||
|||funds|||
||||Total|Total|
|||General|2021|2020|
|||E|E|E|
|Shop|costs|22,434|22,434|2,492|
|Cafe|costs|26,413|26,413|39,666|
|Event|costs|3,336|3,336|3,812|
|||52,183|52,183|45,970|
##
##
##
|8
Expenditure
on charitable
ac|tivities||||
|---|---|---|---|---|
|||Unrestricted|||
|||funds|Restricted|Total|
|||General|funds|funds|
||Note|E|E|E|
|Staff costs||53,115|29,182|82,297|
|Allocated support costs
Governance
costs||110,511
4,053|88,823
3,691|199,334
7,744|
|Total for 2021||167,679|121,696|289,375|
|Total for 2020||215,049|42,007|257,056|
||Activity|||
|---|---|---|---|
||undertaken|Governance|Total|
||directly|costs|expenditure|
||E|E|E|
|Fusiliers Museum|281,631|7,744|289,375|
|Total for 2020|252,652|4,404|257,056|
##
##
|Governance
costs|||||
|---|---|---|---|---|
||Unrestricted||||
||funds|Restricted|Total|Total|
||General|funds|2021|2020|
||E|E||E|
|Audit fees|||||
|Audit ofthe financial
statements|2,950||2,950|2,800|
|Other fees paid to auditors|1,103|3,691|4,794|1,604|
||4,053|3,691|7,744|4,404|
##
##
##
|10Net incom|ing/outgoing
resources|ing/outgoing
resources|||
|---|---|---|---|---|
|Net incoming|resources for the year include:||||
||||2021|2020|
||||f|f|
|Audit fees|||2,950|2,800|
|Other non-audit
Depreciation
of||services
fixed assets|4,794
45 019|1,604
45,019|
##
##
##
|12Staff costs
The aggregate
payroll costs were as follows:|||
|---|---|---|
||2021|2020|
||f|f|
|Staff costs during the year were:|||
|Wages and salaries|102,113|141,730|
|Social security costs|2,436|5,145|
|Pension costs|1,484|1,945|
||106,033|148,820|
|was as foll|ows:|
|---|---|
|2021|2020|
|No|No|
|Administrative|staff|
|---|---|
|Management|staff|
|Barstaff||
|Cafe staff||
##
|13Auditors'
remuneration|||
|---|---|---|
||2021|2020|
||f|f|
|Audit ofthe financial statements|2,950|2,800|
|Other fees to auditors|||
|All other non-audit
services|4,794|1,604|
##
##
##
|15Tangible fixed assets||||
|---|---|---|---|
|||Equipment||
||Land and|furniture
and||
||buildings|fixtures|Total|
||E|E|E|
|Cost||||
|At 1October 2020|5,174,407|174,235|5,348,642|
|At 30September 2021|5,174,407|174,235|5,348,642|
|Depreciation||||
|At 1October 2020|583,563|160,559|744,122|
|Charge forthe year|41,395|3,624|45,019|
|At 30September 2021|624,958|164,183|789,141|
|Net book value||||
|At 30September 2021|4,549,449|10,052|4,559,501|
|At 30September 2020|4,590,844|13676|4604 520|
##
##
|17Stock|||
|---|---|---|
||2021|2020|
||E|E|
|Shop stock|954|22,401|
|Barstock|1,084|747|
|Cafe stock|519|1,404|
||2,557|24,552|
##
##
|18Debtors|||||
|---|---|---|---|---|
||||2021|2020|
||||f|f|
|Trade debtors|||14,485|9,844|
|Prepayments|and accrued income||9,187|7,154|
|Other debtors|||969|969|
||||24,641|17,967|
|19Cash and cash equivalents|||||
||||2021|2020|
||||f|f|
|Cash on hand|||784|650|
|Cash at bank|||234,869|125,579|
||||235,653|126,229|
|20 Creditors:|amounts|falling due within one year|||
||||2021|2020|
||||f|f|
|Trade creditors|||52,837|39,982|
|Other taxation|and social security||666|1,704|
|Other creditors|||23,950|25,186|
||||77,453|66,872|
##
##
##
|21 Funds||||||
|---|---|---|---|---|---|
||||||Balance at|
||Balance at||||30|
||1October|Incoming|Resources||September|
||2020|resources|expended|Transfers|2021|
||E|E|E|E|E|
|Unrestricted
funds||||||
|General|1,466,454|283,148|(219,862)|694|1,530,434|
|Restricted funds||||||
|Development
fund|3,218,724||(29,003)||3,189,721|
|Booth Charities|4,033||(2,000)||2,033|
|Collections Trust|2,500|670||(670)|2,500|
|HLF Collecting Cultures|4,874||(3,325)||1,549|
|E Gartside
Memorial
Painting|150||||150|
|HLF Tolkien Exhibition|1,231|(873)||(358)||
|AIM|8,430||(7,715)||715|
|Arts Council
England||69,104|(61,391)||7,713|
|University
of Ivlanchester||1,200|(255)||945|
|National
Heritage||23,505|(17,366)||6,139|
|Victoria and Albert||||||
|Museum
Trust||307|(641)|334||
|Fusiliers Collection||3,000|||3,000|
|Total restricted funds|3,239,942|96,913|(121,696)|(694)|3,214,465|
|Total funds|4,706,396|380,061|(341,558)||4,744,899|
##
##
|NOTES TO THE FINANC
FOR THE YEAR ENDED|IAL STATEM
30SEPTEMB|ENTS
ER2021||||
|---|---|---|---|---|---|
||||||Balance at|
||Balance at||||30|
||1October|Incoming|Resources||September|
||2019|resources|expended|Transfers|2020|
||6|f|6|6|6|
|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|
|Booths 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|
##
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##
||||||Unrestricted||Total funds at|
|---|---|---|---|---|---|---|---|
||||||funds|Restricted|30September|
||||||General|funds|2021|
||||||E|E|E|
|Tangible|tixed assets||||1,370,865|3,188,636|4,559,501|
|Current|assets||||237,022|25,829|262,851|
|Current|liabilities||||(77,453)||(77,453)|
|Total net assets|||||1,530,434|3,214,465|4,744,899|
||||||Unrestricted||Total funds at|
||||||funds|Restricted|30September|
||||||General|funds|2020|
||||||E|E|E|
|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|
|23 Financial instruments||||||||
|Categorisation||of|financial instruments|||||
|||||||2021|2020|
|||||||E|E|
|Financial|assets|that are debt instruments||measured|at amortised|||
|cost||||||250,138|136,073|
|Financial|liabilities||measured
at amortised|cost||68,225|57,644|
|Financial|assets consist ofcash and trade|||debtors.||||
|Financial|liabilities||consist oftrade creditors and accruals.|||||
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