| 2021 | 2020 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| funds | funds | funds | funds | |||
| Notes | ||||||
| INCOME AND ENDOWMENTS FROM | ||||||
| Donations and legacies | 147,959 | 150@15 | 298274 | 108,603 | ||
| Charitable activities |
||||||
| Admissions | 26/40 | 26,840 | 149,072 | |||
| Other trading activities | 4 | 7,049 | 7,049 | 166,056 | ||
| Investment income |
5 | 2954 | 2 954 | 3,427 | ||
| Total | 184/02 | 150@15 | 335,117 | 427,158 | ||
| EXPENDITURE ON | ||||||
| Raising funds | 83/25 | 76,779 | 160,004 | 322,061 | ||
| Charitable activities |
||||||
| Admissions | 32422 | 117,180 | 148,243 | |||
| Total | 115/47 | 161,637 | 277,184 | 470,304 | ||
| NET INCOME/(EXPENDITURE) | 69/55 | (11@22) | 57,933 | (43,146) | ||
| Transfers between funds |
22 | 1905 | ~190 | |||
| Net movement in funds |
71,160 | (13/27) | 57,933 | (43,146) | ||
| RECONCILIATION | OFFUNDS | |||||
| Total funds brought forward | 91,069 | 1,754,726 | 1+45,795 | 1,888,941 | ||
| TOTAL FUNDS CARRIED FORWARD | ~162 29 | 1741499 | 1903728 | 1 845 795 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | funds | funds | ||
| Notes | |||||
| FIXEDASSETS | |||||
| Tangible assets | 14 | 183,697 | 1,705,434 | 1,889,131 | 1,944,731 |
| Heritage assets | 15 | 4860 | - | 4860 | 4,505 |
| Investments | 16 | 1 | 1 | I | |
| 188/58 | 1,705,434 | 1/939992 | 1,949,237 | ||
| CURRENT ASSETS | |||||
| Stocks | 17 | 2/21 | 2/21 | 2,603 | |
| Debtors Cash at bank and in hand |
18 | 7,851 ~82 92 |
36065 | 7/51 ~118 57 |
3,933 9349 |
| 92,664 | 36,065 | 128,729 | 15,885 | ||
| CREDITORS | |||||
| Amounts falling due within one year |
19 | (679709) | (67,709) | (111,357) | |
| NET CURRENT ASSETS | 24 955 | 36065 | 61020 | ~95472) | |
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 213+13 | 1,741,499 | 1,955,012 | 1,853,765 | |
| CREDITORS | |||||
| Amounts falling due after more than one year |
20 | (514,84) | (51/84) | (7,970) | |
| NET ASSETS | ~162 29 | 1741499 | 1903728 | 1 845 795 | |
| FUNDS | 22 | ||||
| Unrestricted funds |
162@29 | 91,069 | |||
| Restricted funds | 1741499 | 1,754 726 | |||
| TOTAL FUNDS | 1903728 | 1 845 795 |
| 3. | DONATIONS | AND LEGACIES | ||
|---|---|---|---|---|
| 2021 | 2020 | |||
| Donations | 13@81 | 24,373 | ||
| Gift aid | 275 | 16,492 | ||
| Grants | 265,618 | 3,608 | ||
| Donated services and facilities | 19000 | 64,130 | ||
| 298+74 | 108603 |
| 2021 | 2020 | |||
|---|---|---|---|---|
| South East Museum | Development - Ready to Open Grant | 1/85 | ||
| IW Council | 300 | |||
| Vectis Archaeology | Trust | 1/00 | 1,000 | |
| Coronavirus Job Retention Scheme |
75,179 | 2,608 | ||
| Historic England | 25,000 | |||
| Arts Council England - Emergency Relief Fund Arts Council England - Culture Recovery Fund |
35,000 86~0 |
|||
| Growing Volunteers | Grant | 500 | ||
| IW Council - Retail, | Hospitality | &Leisure Grant | 25,000 | |
| IW Council - Local | Restriction | Support Grants | 14/57 | |
| UK Government Covid Support |
Grants | 417 | ||
| 266,610 | 3 60$ |
| 4. | OTHER TRADING ACTIVITIES | OTHER TRADING ACTIVITIES | OTHER TRADING ACTIVITIES | ||
|---|---|---|---|---|---|
| 2021 | 2020 | ||||
| Retail sales | 4/37 | 27,276 | |||
| Catering sales | 1,772 | 116,744 | |||
| Functions | 8,164 | ||||
| Educational services |
1040 | 13$72 | |||
| 7049 | 166056 | ||||
| 5. | INVESTMENT | INCOME | |||
| 2021 | 2020 | ||||
| Income from land | 2,940 | 3,426 | |||
| Bank interest | 14 | 1 | |||
| ~3427 | |||||
| 6. | INCOME FROM | CHARITABLE ACTIVITIES | |||
| 2021 | 2020 | ||||
| Activity | |||||
| Entrance fees | Admissions | ~26 40 | 149,072 | ||
| 7. | RAISING FUNDS | ||||
| Raising donations | and legacies | ||||
| 2021 | 2020 | ||||
| Staffcosts | 41,430 | 31,663 | |||
| Museum development |
504 | 6,115 | |||
| Archaeological | expenses | 5@50 | 36,211 | ||
| Event organisation | ~2 | 17039 | |||
| 60434 | 91028 |
| 7. | RAISING FUNDS - continued | RAISING FUNDS - continued | |||||
|---|---|---|---|---|---|---|---|
| Other trading activities | |||||||
| 2021 | 2020 | ||||||
| Purchases | 1/75 | 59,477 | |||||
| Staffcosts | 55,420 | 107,320 | |||||
| Commission | 969 | ||||||
| Support costs | 52 575 | 63,267 | |||||
| 109,570 | 231,033 | ||||||
| Aggregate | amounts | 160004 | 322,061 | ||||
| 8. | CHARITABLE ACTIVITIES | COSTS | |||||
| Support | |||||||
| Direct | costs (see | ||||||
| Costs | note 9) | Totals | |||||
| f. | |||||||
| Admissions | ~19 47 | 97633 | 117180 | ||||
| 9. | SUPPORT COSTS | ||||||
| Governance | |||||||
| Finance | Admin | Premises | costs | Totals | |||
| f. | |||||||
| Other trading activities | 19572 | 12,418 | 37/15 | 770 | 5?/75 | ||
| Admissions | 2919 | 23 059 | ~70 25 | 1430 | 97633 | ||
| 4491 | 35477 | 108040 | ~200 | ~150 208 |
| Activity | Basis | ofallocation | |
|---|---|---|---|
| Finance | Floor | Area | |
| Admin | Floor | Area | |
| Premises | Floor | Area | |
| Governance | costs | Floor | Area |
| 2021 | 2020 | |||
|---|---|---|---|---|
| Independent | examiners fees | 2/00 | 2,200 | |
| Depreciation | - | owned assets | 66@75 | 67,120 |
| Other operating | leases | 3693 | 6412 |
| The | average monthly number ofemployees dur |
ing the year was as follows: | |
|---|---|---|---|
| 2021 | 2020 | ||
| Part | time | 4 | 12 |
| Full | time | 1 | 1 |
| 13 |
| 13. | COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES | COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES | COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES | ||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | |||
| funds | funds | funds | |||
| INCOME AND ENDOWlVKNTS FROM | |||||
| Donations and legacies |
97,784 | 10,819 | 108,603 | ||
| Charitable activities |
|||||
| Admissions | 149,072 | 149,072 | |||
| Other trading activities | 166,056 | 166,056 | |||
| Investment income |
3427 | 3,427 | |||
| Total | 416,339 | 10,$19 | 427,158 | ||
| EXPENDITURE ON | |||||
| Raising funds | 301,530 | 20,531 | 322,061 | ||
| Charitable activities |
|||||
| Admissions | 112,985 | 35,258 | 14$,243 | ||
| Total | 414,515 | 55,789 | 470/04 | ||
| NET INCOME/(EXPENDITUI&) | 1,$24 | (44,970) | (43,146) | ||
| Transfers between funds |
4,302 | ~4,302 | |||
| Net movement in funds |
6,126 | (49,272) | (43,146) | ||
| RECONCILIATION | OFFUNDS | ||||
| Total funds brought forward | 84,943 | 1,803,998 | 1,$88,941 | ||
| TOTAL FUNDS CARRIED FORWARD | 91,069 | 1,754,726 | 1 845 795 |
| 14. | TANGIBLE FIXEDASSETS | ||||||
|---|---|---|---|---|---|---|---|
| Land, | Fixtures | ||||||
| road and | Cover | and | Computer | ||||
| car parks | building | fittings | equipment | Totals | |||
| COST | |||||||
| At 1 April 2020 | 107,846 | 2/68,613 | 418~6 | 15,192 | 3,110,197 | ||
| Additions | 5973 | 4 802 | 10775 | ||||
| At 31March 2021 | 107846 | ~26$613 | ~424 | 19 | 19994 | 3 120972 | |
| DEPRECIATION | |||||||
| At 1 April 2020 Charge for year |
820,965 ~51 73 |
334@75 ~13 22 |
10,126 1480 |
1,165,466 ~66 75 |
|||
| At 31 March 2021 | ~872 38 | ~347 | 97 | 11606 | ~131041 | ||
| NET BOOK VALUE At 31March 2021 |
107846 | 1696375 | 76622 | ~888 | ~189 131 | ||
| At 31March 2020 | 107846 | 1 747 648 | 84,171 | 5 066 | 1 944 731 | ||
| 15. | HERITAGE ASSETS | ||||||
| Total | |||||||
| MARKET VALUE | |||||||
| At 1 April 2020 | 4/05 | ||||||
| Additions | 355 | ||||||
| At 31 March 2021 | ~460 | ||||||
| NET BOOKVALUE | |||||||
| At 31March 2021 | ~460 | ||||||
| At 31 March 2020 | ~4505 |
| FIXEDASSETINVESTMENTS | ||
|---|---|---|
| Shares | in | |
| group | ||
| undertakings | ||
| MARKET VALUE | ||
| At 1 April 2020 and 31March 2021 | ||
| NET BOOKVALUE | ||
| At 31March 2021 | 1 | |
| At 31March 2020 | 1 |
| Registered office: Brading Roma Nature ofbusiness: Dormant |
n Villa, Morton Old Road |
|---|---|
| Class ofshare: | holding |
| Ordinary | 100 |
| 17. | STOCKS | |||
|---|---|---|---|---|
| 2021 | 2020 | |||
| Shop, catering, stationery | and fuel | ~221 | ~2603 | |
| 18. | DEBTORS:AMOUNTS | FALLING DUE WITHIN ONE YEAR | ||
| 2021 | 2020 | |||
| Trade debtors | 174 | 275 | ||
| Prepayments | ~7677 | ~3658 | ||
| 7851 | ~3933 | |||
| 19. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | |||
| 2021 | 2020 | |||
| Bank loans and overdraAs | (see note 21) | 53,853 | 66,817 | |
| Other loans (see note 21) | 17,470 | |||
| Trade creditors | 1@87 | 13,850 | ||
| Social security and other taxes | 2/63 | 2,891 | ||
| VAT | 898 | 1,845 | ||
| Other creditors | 1,735 | 267 | ||
| Accruals and deferred income | 7573 | 8,217 | ||
| 67709 | 111,357 |
| 20. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||
|---|---|---|---|---|
| 2021 | 2020 | |||
| Bank loans (see note 21) | ~51 | 84 | 7970 | |
| 21. | LOANS | |||
| An analysis ofthe maturity ofloans is given below: | ||||
| 2021 | 2020 | |||
| Amounts falling due within one year on demand: |
||||
| Bank loans | 6,687 | 3,353 | ||
| Bank overdraft | 47,166 | 63,464 | ||
| Trustee loans | 17470 | |||
| 84287 | ||||
| Amounts falling between one and two years: |
||||
| Bank loans | ~51 | 284 | 7970 |
| MOVEMENT IN F | UNDS | ||||
|---|---|---|---|---|---|
| Net | Transfers | ||||
| movement | between | At | |||
| At 1.4.20 | in funds | funds | 31.3.21 | ||
| f. | |||||
| Unrestricted funds |
|||||
| General fund |
90,692 | 69/55 | 161/52 | ||
| Munns Portrait Collection - Designated | |||||
| Fund | 377 | 377 | |||
| 91,069 | 69@55 | 1,905 | 162/29 | ||
| Restricted funds | |||||
| Herapath Shenton Trust |
4/79 | 4,979 | |||
| Friends ofBrading Roman Villa | 2,099 | (444) | 1,655 | ||
| Arts Council England | 38@38 | (592) | 37,746 | ||
| Cover Building | 1,747,648 | (51472) | 1,696/76 | ||
| South East Museum | Development | 343 | 343 | ||
| Historic England | 1@13 | (1/13) | W | ||
| Royal Pavillon & Museum | 500 | 500 | |||
| 1754 726 | ~11 22 | ~191)S) | 1741499 | ||
| TOTAL FUNDS | 1845795 | 57933 | - | ~1903!728 |
| MOVEMENT IN FUNDS - con | MOVEMENT IN FUNDS - con | tinued | |||
|---|---|---|---|---|---|
| Net movement in funds, included |
in the above are as follows: | ||||
| Incoming | Resources | Movement | |||
| resources | expended | in funds | |||
| Unrestricted funds |
|||||
| General fund | 184,802 | (115/47) | 69@55 | ||
| Restricted funds | |||||
| Friends ofBrading Roman Villa Arts Council England |
150 121~0 |
(594) (83@42) |
(444) 38@38 |
||
| Cover Building | (51@72) | (51@72) | |||
| South East Museum | Development | 1/85 | (942) | 343 | |
| IW Council | 300 | (300) | |||
| Vectis Archaeological | Trust | 1+00 | (1,500) | ||
| Historic England | 25,000 | (23,687) | 1@13 | ||
| Royal Pavillon &Museum | 500 | 500 | |||
| ~150 15 | {161,~63 | ~113~22 | |||
| TOTAL FUNDS | 335119 | ~397~184) | 57933 |
| Comparatives for movement in funds |
||||
|---|---|---|---|---|
| Net | Transfers | |||
| movement | between | At | ||
| At 1.4.19 | in funds | funds | 31.3.20 | |
| f. | ||||
| Unrestricted funds |
||||
| General fund | 84,586 | 1,804 | 4,302 | 90,692 |
| Munns Portrait Collection - Designated | ||||
| Fund | 357 | 20 | 377 | |
| 84,943 | 1,824 | 4,302 | 91,069 | |
| Restricted funds | ||||
| Herapath Shenton Trust |
4,979 | 4,979 | ||
| Friends ofBrading Roman Villa Cover Building |
1 799019 | 6,402 ~51,372) |
(4,302) | 2,100 1,747 647 |
| 1,803,998 | 44,970 | 4302 | 1,754,726 | |
| TOTAL FUNDS | 1,888,941 | ~43 146) | 1 845,795 |
| Incoming | Resources | Movement | ||
|---|---|---|---|---|
| resources | expended | in funds | ||
| Unrestricted funds |
||||
| General fund | 416,319 | (414,515) | 1,804 | |
| Munns Portrait Collection - Designated | ||||
| Fund | 20 | 20 | ||
| 416,339 | (414,515) | 1,824 | ||
| Restricted funds | ||||
| Friends ofBrading Roman Villa | 9,319 | (2,917) | 6,402 | |
| Cover Building | (51,372) | (51,372) | ||
| Vectis Archaeological JHicks |
Trust | 1,000 500 |
(1,000) ~500) |
|
| 10819 | 55,789 | 44 970 | ||
| TOTAL FUNDS | 427 158 | ~470 304) | ~43 146) |
| A current year 12mo | nths and prior year 12 |
months combined po |
sition is as foll |
ows: | |
|---|---|---|---|---|---|
| Net | Transfers | ||||
| movement | between | At | |||
| At 1.4.19 | in funds | funds | 31.3.21 | ||
| Unrestricted funds |
|||||
| General fund |
84,586 | 71,059 | 6,207 | 161,852 | |
| Munns Portrait Collection - Designated | |||||
| Fund | 357 | 20 | 377 | ||
| 84,943 | 71,079 | 6,207 | 162,229 | ||
| Restricted funds | |||||
| Herapath Shenton Trust |
4,979 | 4,979 | |||
| Friends ofBrading Roman Villa | 5,958 | (4,302) | 1,656 | ||
| Arts Council England | 38,338 | (592) | 37,746 | ||
| Cover Building | 1,799,019 | (102,744) | 1,696,275 | ||
| South East Museum | Development | 343 | 343 | ||
| Historic England | 1,313 | (1,313) | |||
| Royal Pavillon &Museum | 500 | 500 | |||
| 1 803998 | 56,292 | ~6207 | 1 741 499 | ||
| TOTAL FUNDS | 1,888 941 | 14787 | 1 903 728 |
| Incoming | Resources | Movement | ||
|---|---|---|---|---|
| resources | expended | in funds | ||
| Unrestricted funds |
||||
| General fund |
601,121 | (530062) | 71 059 | |
| Munns Portrait Collection - Designated | ||||
| Fund | 20 | 20 | ||
| 601,121 | (530,062) | 71,079 | ||
| Restricted funds | ||||
| Friends ofBrading Roman Villa | 9,469 | (3,511) | 5,958 | |
| Arts Council England | 121,580 | (83,242) | 38,338 | |
| Cover Building | (102,744) | (102,744) | ||
| South East Museum | Development | 1,285 | (942) | 343 |
| IW Council | 300 | (300) | ||
| Vectis Archaeological | Trust | 2,500 | (2,500) | |
| JHicks | 500 | (500) | ||
| Historic England | 25,000 | (23,687) | 1,313 | |
| Royal Pavillon 8r, Museum |
500 | 500 | ||
| 161 134 | ~217,426 | 56292 | ||
| TOTAL FUNDS | ~762 75 |
~747 488) | 14,787 |