|||Page||
|---|---|---|---|
|Report ofthe Trustees||1 to|12|
|Report ofthe Independent|Auditors|13 to|15|
|Statement ofFinancial Activities||16||
|Balance Sheet||17 to|13|
|Notes to the Financial Statements||19 to|32|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||||2020|2019|
|---|---|---|---|---|---|---|
|||Unrestricted|Restricted||Total|Tota
I|
|||funds|funds|PRAFMT|funds|funds|
||Notes|f|f|f|f|E|
|INCOME AND ENDOWMENTS|||||||
|FROM|||||||
|Donations
and legacies||93,535|22,174||115,709|131,554|
|Charitable
activities|||||||
|Research and archive visits||1,330|||1,330|1,869|
|Other trading activities||1,875|||1,875|32,731|
|Investment
income||673|||673|667|
|Total||97,413|22,174||119,587|166,821|
|EXPENDITURE ON|||||||
|Raising funds||534|||534|25,118|
|Charitable
activities|6||||||
|Museum
running||110,845|29,381|39,064|179,290|187,263|
|Total||111,379|29,381|39,064|179,824|212,381|
|NET INCOME/(EXPENDITURE)||(13,966)|(7,207)|(39,064)|(60,237)|(45,560)|
|RECONCILIATION
OF FUNDS|||||||
|Total funds brought forward||176,195|62,553|826,940|1,065,688|1,111,248|
|TOTAL FUNDS CARRIED|||||||
|FORWARD||162,229|55,346|787,876|1,005,451|1,065,688|
##
|||||||2020|2019|
|---|---|---|---|---|---|---|---|
|||Unrestricted|Restricted|||Total|Total|
|||funds|funds||PRAFMT|funds|funds|
||Notes|6|6||f|f|E|
|FIXEDASSETS||||||||
|Intangible
assets|12|67,023||||67,023|67,828|
|Tangible assets|13|6,147|||758,407|764,554|801,635|
|Investments|14|1||||1|1|
|||73,171|||758,407|831,578|869,464|
|CURRENT ASSETS||||||||
|Stocks|15|968||||968|968|
|Debtors|16|111,889||452||112,341|173,890|
|Cash at bank and in hand||80,830|54,894||29,469|165,1.93|183,691|
|||193,687|55,346||29,469|278,502|358,549|
|CREDITORS||||||||
|Amounts
falling due within one||||||||
|year|17|(53,259)||||(53,259)|(60,555)|
|NET CURRENT ASSETS||140,428|55,346||29,469|225,243|297,994|
|TOTAL ASSETS LESSCURRENT||||||||
|LIABILITIES||213,599|55,346||787,876|1,056,821|1,167,458|
|CREDITORS||||||||
|Amounts
falling due after more||||||||
|than one year|18|(51,370)||||(51,370)|(101,770)|
|NET ASSETS||162,229|55,346||787,876|1,005,451|1,065,688|
|FUNDS|19|||||||
|Unrestricted
funds||||||162,229|176,195|
|Restricted funds||||||843,222|889,493|
|TOTALFUNDS||||||1,005,451|1,065,688|
##
##
##
##
##
##
##
##
##
##
##
||||2020||2020|2019|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||E|f|E|E|
|Donations|—Paradata||3,037||3,037|2,048|
|Donations|||4,035||4,035|4,332|
|Legacy||||||125|
|Grants|||49,400|22,174|71,574|83,326|
|Donated|services and facilities||37,063||37,063|41,723|
||||93,535|22,174|115,709|131,554|
|Included|within donated|services and|||||
|facilities|||||||
||||||2020|2019|
||||||E|f|
|Staff costs|||||35,763|35,792|
|Cleaning|||||1,300|5,170|
|Rates||||||761|
||||||37,063|41,723|
##
|||2020|2019|
|---|---|---|---|
|||E|E|
|Fundraising|events||29,167|
|Shop income||613|2,222|
|PARAdata|photo sales|1,262|1,342|
|||1,875|32,731|
##
##
##
|INVESTMENT INCOME|||||
|---|---|---|---|---|
||||2020|2019|
||||E|E|
|Deposit account interest|||673|667|
|CHARITABLE ACTIVITIES||COSTS|||
|Museum
running|||2020|2019|
||||E|E|
|Wages|||72,210|76,380|
|Property|||8,534|9,405|
|Administration|||13,295|17,972|
|Maintenance|||27,231|24,559|
|Depreciation|||54,244|53,663|
|Support costs|||3,776|5,284|
|Total museum
running|costs||179,290|187,263|
|SUPPORT COSTS|||||
|||||Governance|
|||||costs|
|||||f|
|Museum
running||||5,189|
|NET INCOME/(EXPENDITURE)|||||
|Net income/(expenditure)||is stated after charging/(crediting);|||
||||2020|2019|
||||E|f|
|Auditors'
remuneration|||2,650|2,550|
|Depreciation - owned assets|||41,439|42,386|
|Computer
software amortisation|||12,805|11,303|
##
##
|2020|2019|
|---|---|
|6|E|
|1,126|2,484|
|STAFF COSTS|||||
|---|---|---|---|---|
||||2020|2019|
||||f|E|
|Wages and salaries|||68,773|72,522|
|Socia I security costs|||2,019|2,425|
|Other pension costs|||1,419|1,433|
||||72,211|76,380|
|The average monthly|number ofemployees|during the year was as follows:|||
||||2020|2019|
|Museumoperation|||2|3|
##
##
|COMPARATIVES FORTHE STA|TEMENT OF F|INANCIAL ACTIVITIES||||
|---|---|---|---|---|---|
|||Unrestricted|Restricted||Total|
|||funds|funds|PRAFMT|funds|
|||f|E|E|E|
|INCOME AND ENDOWMENTS|FROM|||||
|Donations
and legacies||110,109|21,445||131,554|
|Charitable
activities||||||
|Research and archive visits||1,869|||1,869|
|Other trading activities||32,731|||32,731|
|Investment
income||667|||667|
|Total||145,376|21,445||166,821|
|EXPENDITURE ON||||||
|Raising funds||25,118|||25,118|
|Charitable
activities||||||
|Museum
running||116,528|31,701|39,034|187,263|
|Total||141,646|31,701|39,034|212,381|
|NET INCOME/(EXPENDITURE)||3,730|(10,256)|(39,034)|(45,560)|
||COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES - continued|COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES - continued|COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES - continued|||
|---|---|---|---|---|---|
|||Unrestricted|Restricted||Total|
|||funds|funds|PRAFMT|funds|
|||E|E|f|f|
||RECONCILIATION
OF FUNDS|||||
||Total funds brought forward|172,466|72,809|865,973|1,111,248|
||TOTAL FUNDS CARRIED FORWARD|176,196|62,553|826,939|1,065,688|
|12.|INTANGIBLE FIXEDASSETS|||||
||||||Computer|
||||||software|
||||||f|
||COST|||||
||At 1January 2020||||521,417|
||Additions||||12,000|
||At 31December 2020||||533,417|
||AMORTISATION|||||
||At 1January 2020||||453,589|
||Charge for year||||12,805|
||At 31December 2020||||466,394|
||NET BOOK VALUE|||||
||At 31December 2020||||67,023|
||At 31December 2019||||67,828|
##
##
|TANGIBLE FIXEDASSETS|||||
|---|---|---|---|---|
||||Fixtures||
||Long|Plant and|and||
||leasehold
f|machinery
6|fittings
f|Totals
E|
|COST|||||
|At 1January 2020|1,250,025|1,522,471|24,068|2,796,564|
|Additions|||4,358|4,358|
|Disposals|||(12,133)|(12,133)|
|At 31December 2020|1,250,025|1,522,471|16,293|2,788,789|
|DEPRECIATION|||||
|At 1January 2020|452,554|1,519,894|22,481|1,994,929|
|Charge for year|39,064|515|1,860|41,439|
|Eliminated
on disposal|||(12,133)|(12,133)|
|At 31December 2020|491,618|1,520,409|12,208|2,024,235|
|NET BOOK VALUE|||||
|At 31December 2020|758,407|2,062|4,085|764,554|
|At 31December 2019|797,471|2,577|1,587|801,635|
##
|Class ofshare:|Class ofshare:|holding|||
|---|---|---|---|---|
|Ordinary||100|||
||||2020|2019|
||||6|E|
|Aggregate|capital and reserves||(357)|(357)|
|15.|STOCKS||||||
|---|---|---|---|---|---|---|
||||||2020|2019|
||||||f|E|
||Stocks||||968|968|
|16.|DEBTORS:AMOUNTS||FALLING DUE WITHIN ONE YEAR||||
||||||2020|2019|
||||||E|E|
||Trade debtors|||||72|
||Amounts|owed by group||undertakings|106,870|168,396|
||Other debtors||||1,981|1,494|
||VAT||||732||
||Prepayments||||2,758|3,928|
||||||112,341|173,890|
|17.|CREDITORS: AMOUNTS|||FALLING DUE WITHIN ONE YEAR|||
||||||2020|2019|
||||||f|E|
||Trade creditors||||134|342|
||Socia I security and other|||taxes|53|617|
||VAT|||||5,573|
||Accruals|and deferred|income||50,400|49,400|
||Accrued|expenses|||2,672|4,623|
||||||53,259|60,555|
|18.|CREDITORS: AMOUNTS|||FALLING DUE AFTER MORE THAN ONE YEAR|||
||||||2020|2019|
||||||E|E|
||Accruals|and deferred|income||51,370|101,770|
||Movements
on the deferred income account||||||
||||||2020||
||||||E||
||At the start ofthe year||||151,170||
||Released|in the year|||49,400||
||At the end ofthe year||||101,770||
##
|MOVEMENT
IN FU|N|DS|||||
|---|---|---|---|---|---|---|
||||||Net||
||||||movement|At|
|||||At 1.1.20|in funds|31.12.20|
|||||E|E|f|
|Unrestricted
funds|||||||
|General fund||||35,000|790|35,790|
|ParaData
Phase
II||||117,482|(12,803)|104,679|
|Other designated|funds|||10,185||10,185|
|Display||||2,750||2,750|
|Staff and volunteer||uniforms||197|(197)||
|Development
fund||||10,581|(1,756)|8,825|
|||||176,195|(13,966)|162,229|
|Restricted funds|||||||
|Parachute
Regiment||and Airborne|Forces||||
|Museum
Trust||||826,940|(39,064)|787,876|
|ParaData
Phase
II||||62,243|(7,207)|55,036|
|Collection Redisplay||Fund||310||310|
|||||889,493|(46,271)|843,222|
|TOTALFUNDS||||1,065,688|(60,237)|1,005,451|
|Net movement
in|funds, included||in the above are as follows:||||
|||||Incoming|Resources|Movement|
|||||resources|expended|in funds|
|||||f|E|E|
|Unrestricted
funds|||||||
|General fund||||97,413|(96,623)|790|
|ParaData
Phase
II|||||(12,803)|(12,803)|
|Staff and volunteer||uniforms|||(197)|(197)|
|Development
fund|||||(1,756)|(1,756)|
|||||97,413|(111,379)|(13,966)|
|Restdcted funds|||||||
|Parachute
Regiment||and Airborne|Forces||||
|Museum
Trust|||||(39,064)|(39,064)|
|ParaData
Phase
II|||||(7,207)|(7,207)|
|Ogilby Trust grant||||22,174|(22,174)||
|||||22,174|(68,445)|(46,271)|
|TOTALFUNDS||||119,587|(179,824)|(60,237)|
##
|Comparatives
fo|r m|ovement
in fu|nds|||||
|---|---|---|---|---|---|---|---|
||||||Net|Transfers||
||||||movement|between|At|
|||||At 1.1.19|in funds|funds|31.12.19|
|||||E|f|f|E|
|Unrestricted
funds||||||||
|Generalfund||||32,994|8,936|(6,930)|35,000|
|ParaData Phasell||||128,787|(11,305)||117,482|
|Other designated|funds|||200|9,985||10,185|
|Display
Staff and volunteer||uniforms||3,838
322|(1,088)
(125)||2,750
197|
|Development
fund||||5,005|(1354)|6,930|10,581|
|Wages fund||||1,320|(1,320)|||
|||||172,466|3,729||176,195|
|Restricted funds||||||||
|Parachute
Regiment||and Airborne|Forces|||||
|Museum
Trust||||865,973|(39,033)||826,940|
|ParaData
Phase|II|||69,189|(6,946)||62,243|
|Collection
Redisplay||Fund||310|||310|
|Ogilby Trust grant||||3,310|(3,310)|||
|||||938,782|(49,289)||889,493|
|TOTALFUNDS||||1,111,248|(45,560)||1,065,688|
##
||||Incoming|Resources|Movement|
|---|---|---|---|---|---|
||||resources
f|expended
f|in funds
E|
|Unrestricted
funds||||||
|General fund|||131,651|(122,715)|8,936|
|ParaData
Phase|II|||(11,305)|(11,305)|
|Other designated|funds||13,725|(3,740)|9,985|
|Display||||(1,088)|(1,088)|
|Staff and volunteer||uniforms||(125)|(125)|
|Development
fund||||(1,354)|(1,354)|
|yvagesfund||||(1,320)|(1,320)|
||||145,376|(141,647)|3,729|
|Restricted funds||||||
|Parachute
Regiment||and Airborne Forces||||
|Museum
Trust||||(39,033)|(39,033)|
|ParaData
Phase|il|||(6,946)|(6,946)|
|Ogilby Trust grant|||21,445|(24,755)|(3,310)|
||||21,445|(70,734)|(49,289)|
|TOTALFUNDS|||166,821|(212,381)|(45,560)|
||||||Net|Transfers||
|---|---|---|---|---|---|---|---|
||||||movement|between|At|
|||||At 1.1.19|in funds|funds|31.12.20|
|||||E|E|f|f|
|Unrestricted
funds||||||||
|General fund||||32,994|9,726|(6,930)|35,790|
|ParaData|Phase|0||128,787|(24,108)||104,679|
|Other designated||funds||200|9,985||10,185|
|Display||||3,838|(1,088)||2,750|
|Staff and|volunteer||uniforms|322|(322)|||
|Development
fund||||5,005|(3,110)|6,930|8,825|
|Wages fund||||1,320|(1,320)|||
|||||172,466|(10,237)||162,229|
|Restricted|funds|||||||
|Parachute|Regiment||and Airborne Forces|||||
|Museum|Trust|||865,973|(78,097)||787,876|
|ParaData|Phase|II||69,189|(14,153)||55,036|
|Collection|Redisplay||Fund|310|||310|
|Ogilby Trust grant||||3,310|(3,310)|||
|||||938,782|(95,560)||843,222|
|TOTALFUNDS||||1,111,248|(105,797)||1,005,451|
##
||||Incoming|Resources|Movement|
|---|---|---|---|---|---|
||||resources
f|expended
E|in funds
E|
|Unrestricted
funds||||||
|General fund|||229,064|(219,338)|9,726|
|ParaData
Phase|II|||(24,108)|(24,108)|
|Other designated|funds||13,725|(3,740)|9,985|
|Display||||(1,088)|(1,088)|
|Staff and volunteer||uniforms||(322)|(322)|
|Development
fund||||(3,110)|(3,110)|
|Wages fund||||(1,320)|(1,320)|
||||242,789|(253,026)|(10,237)|
|Restricted funds||||||
|Parachute
Regiment||and Airborne Forces||||
|Museum
Trust||||(78,097)|(78,097)|
|ParaData
Phase|II|||(14,153)|(14,153)|
|Ogilby Trust grant|||43,619|(46,929)|(3,310)|
||||43,619|(139,179)|(95,560)|
|TOTALFUNDS|||286,408|(392,205)|(105,797)|
|Funds||||||
##
##
##
##
##
##
##