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|CONTENTS||||||||
|---|---|---|---|---|---|---|---|
|Reference and administrative||details|||||1to 2|
|Statement of|Chair oftrustees|and Museum|||Director||3to 4|
|Trustees'
report (Incorporating|||the Strategic||and Directors' report)||5to 29|
|Independent|auditor's
report||||||30to 33|
|Consolidated|statement
of financial|||activities|(including|the income and expenditure|account) 34to 35|
|Consolidated|balance sheet||||||36to 37|
|Balance sheet|||||||38to 39|
|Consolidated|statement
ofcash||flows||||40|
|Notes to the financial
statements|||||||41to 60|
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|Trustees|||Mr A 3 Smith, Chair|Mr A 3 Smith, Chair||||
|---|---|---|---|---|---|---|---|
||||Ms C A M Thomson,||Deputy chair|||
||||Sir Mark 3ones|||||
||||Professor
P Strike|||||
||||Mr A R MacKay|||||
||||Professor 3 Mennell|||||
||||Councillor
3 T|Bomford||(resigned|18 3une|
||||2021)|||||
||||Ms L A Kneath|||||
||||Mr P Croft (resigned||24 April 2020)|||
||||Dr LTickner (resigned 18|||3une 2021)||
||||Ms R Foy|||||
||||Ms M E Reid Fotheringham|||||
||||Mr C 3 Harrison|||||
||||Councillor
C
W|Glover||(appointed|18 June|
||||2021)|||||
||||Councillor
K Meller||(appointed
18June||2021)|
|Secretary|||Mr D A Gibson|||||
|Registered|Office||Tullie House|||||
||||Castle Street|||||
||||Carlisle|||||
||||CA3 8TP|||||
|Company|Registration|Number|07568957|||||
|Charity Registration||Number|1143235|||||
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|Bankers|Cumberland||Building|Society||
|---|---|---|---|---|---|
||Cumberland||House|||
||Cooper Way|||||
||Parkhouse|||||
||Carlisle|||||
||CA3 03F|||||
|Auditor|David Allen|||||
||Chartered|Accountants||&.Statutory|Auditor|
||Dalmar House|||||
||Barras Lane||Estate|||
||Dalston|||||
||Carlisle|||||
||CA5 7NY|||||
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|||||||As restated|
|---|---|---|---|---|---|---|
||||||Total|Total|
||||Unrestricted|Restricted|2021|2020|
|||Note|E|E|||
|Income and Endowments|||||||
|from:|||||||
|Donations
and legacies|||528,206|643,963|1,172,169|1,063,168|
|Charitable
activities|||1,078,068||1,078,068|1,278,904|
|Other trading
activities|||60,353||60,353|162,541|
|Investment
income|||6,782||6,782|10,956|
|Other income|||260 549||260 549|7302|
|Total income|||1933958|643963|2577921|2 522 871|
|Expenditure
on:|||||||
|Raising funds
Charitable
activities||6
7|(112,300)
~1200 '198|~501,474|(112,300)
~1601972|(221,716)
~2949 491|
|Totai expenditure|||~1212798|~501474|~1714272|~21712D7|
|Net income|||721,160|142,489|863,649|351,664|
|Transfers
between|funds||(27,117)|27,117|||
|Other recognised|gains||||||
|and losses|||||||
|Exhibitions Tax Relief||12|85 161||85,161|65755|
|Net movement
in funds|||779,204|169,606|948,810|417,419|
|Reconciliation of|funds||||||
|Total funds
brought|forward||551633|563409|1 115042|697623|
|Total funds ca ried|forward|22|1330837|733015|2 063 852|1115042|
##
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|||||||As restated|
|---|---|---|---|---|---|---|
|||||||Total|
|||||Unrestricted|Restricted|2020|
||||Note|f|E|E|
|Income and Endowments||from".|||||
|Donations
and legacies||||68,085|995,083|1,063,168|
|Charitable
activities||||1,278,904||1,278,90'l|
|Other trading
activities||||162,541||162,541|
|Investment
income||||10,956||10,956|
|Other income||||7302||7 302|
|Total income||||1 527 788|995083|2 522 871|
|Expenditure
on:|||||||
|Raising funds
Charitable
activities|||6
7|(221,716)
~1334583|~614 908|(221,716)
~1949491|
|Total expenditure||||~1556,299|~614908|2 171207|
|Net (expenditure)/income||||(28,511)|380,175|351,664|
|Other recognised|gains and losses||||||
|Exhibitions Tax Relief||||65,755||65,755|
|Net movement
in funds||||37,244|380,175|417,419|
|Reconciiiation of|funds||||||
|Total funds brought|forward|||514 389|183 234|697623|
|Total funds carried|forward||22|551633|563409|1115042|
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|||||||As restated||
|---|---|---|---|---|---|---|---|
|||||2021||2020||
||||Note|E||E||
|Fixed assets||||||||
|Tangible assets|||14||710,521||451,068|
|Investments|||||303 289||303 289|
||||||1,013,810||754,357|
|Current assets||||||||
|Debtors|||17|388,852||519,495||
|Cash at bank and||in hand||1 D09 159||298 681||
|||||1,398,011||818,176||
|Creditors: Amounts||||||||
|falling due
year|within one||18|~347969||457,491||
|Net current|assets||||1,050,042||36D 685|
|Net assets|||||2 063 852|1|115042|
|Funds ofthe charity:||||||||
|Restricted|income|||||||
|funds||||||||
|Restricted
funds||||733,015||563,409||
|Unrestricted|income|||||||
|funds||||||||
|Unrestricted|funds|||1 33D,837||551633||
|Totaifunds|||22||2063 852|1|115042|
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|||||As restated|
|---|---|---|---|---|
||||2021|2020|
|||Note|E|E|
|Cash flows from operating|activities||||
|Net cash income|||948,810|417,419|
|Adjustments
to cash flows|from non-cash items||||
|Depreciation
Investment
income||6|113,391
~6782|58,732
~10956|
||||1,055,419|465,195|
|Working capital adjustments|||||
|Decrease
in stocks||16|1,095|959|
|Decrease/(increase)
in debtors
(Decrease)/increase
in creditors||17
18|153,831
~116351|(292,779)
59417|
|Net cash flaws from operating|activities||1 D93 994|232 792|
|Cash flows from investing|activities||||
|Interest receivable
and similar|income||6,782|10,956|
|Purchase of tangible
fixed assets||14|(372,844)|(317,759)|
|Sale oftangible
fixed assets||||4 196|
|Net cash flows from investing|activities||~366,062|~302,607|
|Net increase/(decrease)
in cash and cash equivalents|||727,932|(69,815)|
|Cash and cash equivalents
at|1 April||316317|386 132|
|Cash and cash equivalents
at 31 March|||1044 249|316317|
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|2 INCOME FROM D|ONATIONS|AND LEGACIES||||
|---|---|---|---|---|---|
|||Unrestricted||||
||||||As restated|
|||||Total|Total|
|||General
E|Restricted|2021
f|2020
f|
|Donations||||||
|Donations - unrestricted||16,306||16,306|58,085|
|Cafe refurb project|||||20,000|
|Treasures ofChina exhibition|||||7,500|
|National
Heritage grant||7,100||7,100||
|ACE grant|||405,392|405,392|400,476|
|Chinese
new year festival|||||7,800|
|Trainee archaeology|curator||||30,000|
|Natural
Sciences Project|||41,928|41,928||
|Biodiversity
Curator|||7,500|7,500||
|WallCAP|||20,687|20,687||
|Bubble and Me|||1,700|1,700||
|CWAAS Community|Grant||6,667|6,667||
|NLHF Resilient heritage|||||49,835|
|Hope street|||18,105|18,105|51,755|
|Art fund|||||7,400|
|Costume
gallery|||141,984|141,984|420,317|
|Culture
Recovery
Fund||494,800||494,800||
|Cumbria
County
Council cultural||||||
|grant||10 QQQ||10 DOO|10000|
|||528 206|643963|1 172169|1063 168|
##
|INCO|ME FROM|CHARITABLE ACTIV|ITIES|||
|---|---|---|---|---|---|
||||Unrestricted|||
||||funds|Total|Total|
||||||2020|
||||General
f|2021
f|As restated
f|
|Other fees and charges|||144,192|144,192|165,997|
|Museum|admissions|charges|30,104|30,104|142,360|
|Carlisle|City Coundl|core funding|903772|903,772|97D 547|
||||1078 068|1078068|1,278 904|
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|||||Unrestricted|||
|---|---|---|---|---|---|---|
|||||||As restated|
||||||Total|Total|
|||||General|2021|2020|
|||||f|E|f.|
|Bank interest||receivable||6 782|6782|10956|
|5|OTHER INCOME||||||
|||||Unrestricted|||
|||||||As restated|
||||||Total|Total|
|||||General
f|2021
f|2020f|
|Coronavirus||Job Retention|Scheme|219,130|219/130|7,302|
|Coronavirus||Business grants||41419|41419||
|||||260 549|260 549|7 302|
##
||||||||As|
|---|---|---|---|---|---|---|---|
||||||||restated|
||||||Other|Total|Total|
||||Staffcosts
f|Depreciation
E|costsf|2021
E|2020|
|Fundraising||expenses|94,876||17,424|112,300|221,716|
|Museum|operations||952 039|113391|536 542|1601972|1949491|
||||1046 915|113391|553 966|1 714 272|2 171207|
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|11STAFF COSTS|11STAFF COSTS|||
|---|---|---|---|
|The aggregate|payroll costs were as follows:|||
||||As restated|
|||2021|2020|
|Staff costs during the year were:||||
|Wages and salaries||922,733|941,456|
|Social security|costs|67,888|71,451|
|Other pension|costs|56294|57862|
|||1046915|1070 769|
|||As|restated|
|---|---|---|---|
|2021|||2020|
|No|||No|
||59||60|
|bands w|as:||
|---|---|---|
||As|restated|
|2021||2020|
|No||No|
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|Group and Charity|||||
|---|---|---|---|---|
||Leasehold|Fixtures and|||
||improvements
f|fittings
f|Equipment
f|Total|
|Cost|||||
|At 1 April 2020|265,912|263,423|242,431|771,766|
|Additions|324 887|5351|42 606|372841|
|At 31 March 2021|590 799|268 774|285037|1144610|
|Depreciation|||||
|At 1April 2020|33,404|115,372|171,922|320,698|
|Charge for the year|59 079|26699|27 613|113391|
|At 31 March 2021|92483|142 D71|199S3S|434 D89|
|Net book value|||||
|At 31 March 2021|498 316|126703|85502|710521|
|At 31March 2020|232 5D8|148051|70 509|451068|
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|Group||||
|---|---|---|---|
||||As restated|
||2021
E||2020
f|
|Other investments|303288||303 288|
|Other investments||||
||Other|||
||investments||Total|
|Cost or Valuation||||
|At 1April 2020|303|288|303288|
|At 31 March 2021|303,288||303,288|
|Net book value||||
|At 31March 2021|303|288|303,288|
|At 31 March 2020|303|288|303288|
|Charity||||
||||As restated|
||2021||2020|
||E||E|
|UK Group undertakings||1|1|
|Other fixed asset investments|303 288||303 288|
||303 289||303,289|
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|||Country of||Proportion ofvoting|Proportion ofvoting||||
|---|---|---|---|---|---|---|---|---|
|Undertaking||incorporation|Holding|rights and shares held|||||
|||||2021|2020||||
|Subsidiary|undertaking||||||||
|Tullie House Museum
and Art Gallery Trust||England|Ordinary|100%|100%|Trading
activities
at
Tullie
House|||
|(Trading)
Limited||||||Museum|||
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|17DEBTORS||||||
|---|---|---|---|---|---|
||Group|||Charity||
||As|restated||As|restated|
||2021|2020|2021||2020|
||E||E|||
|Trade debtors|116,657|164,443|109,660||142,793|
|Due from group undertakings|||47,386||38,851|
|Tax recoverable|150,954|65,794|150,954||65,794|
|Prepayments|80,853|242,711|80,852||242,711|
|VAT recoverable||28,034|||28,034|
|Other debtors||1312|||1312|
||348464|502 294|388|852|519'195|
##
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||Group||Charity||
|---|---|---|---|---|
||As|restated|As|restated|
||2021|2020|2021|2020|
||E|f||E|
|Trade creditors|40,120|68,550|38,50
7|66,960|
|VAT liability|21,750||21,750||
|Taxation and social security|26,733|22,786|24,874|14,493|
|Other creditors||1,637||1,636|
|Accruals|266 857|378 839|262 838|374402|
||355 '160|471812|347969|457„491|
##
|Other cre
Accruals
Deferred|ditors
income - group|266 857
355 '160|1,637
378 839
471812
262 838
347969|1,636
374402
457„491|
|---|---|---|---|---|
|||||As restated|
||||2021
f|2020|
|Deferred|income at 1 April 2020||327,480|245,405|
|Resources
Amounts|deferred
in the period
released
from previous|periods|216,398
~327480|327,480
~245,405|
|Deferred|income at year end||216398|327480|
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|Deferred incom|e|- charity||||
|---|---|---|---|---|---|
||||||As restated|
|||||2021|2020|
|||||E|E|
|Deferred
income|at|1April 2020||326,688|244,905|
|Resources deferred
in the period
Amounts
released
from previous|||periods|214,940
~326,688|326,688
~244 905|
|Deferred
income|at|year end||214 940|326688|
|19CUMBRIA MUSEUMS CONSORTIUM||||||
|||||Group and|charity|
||||||As restated|
|||||2021|2020|
|||||f||
|Balance brought|forward|||1,312|2,344|
|Arts Council
England||grant received on behalf ofthe Consortium||||
|members||||1,141,987|972,282|
|Consortium
income||||76,465|76,165|
|Consortium
expenditure
Amounts
paid to other Consortium|||members|(77,777)
~1241987|(79,821)
~972 282
~1322|
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|22FUNDS|||||||
|---|---|---|---|---|---|---|
|Group and Charity|||||||
|||As|||||
|||restated||||Balance|
|||Balance||||at 31|
|||at 1April|Incoming|Resources||March|
|||2020
E|resources
f|expended
E|Transfers|2021
E|
|Unrestricted|||||||
|General|||||||
|General funds - all funds||365,146|1,830,603|(1,041,106)|(527,117)|627,526|
|Oesignafed|||||||
|Cumbria
Biodiversity|Data||||||
|Centre||80,291|103,355|(55,828)||127,818|
|Project Tullie||75,000||(29,507)|500,000|545,493|
|General
Acquisitions||25,000||||25,000|
|Cafe Investments
Gallery Improvements||5,000
1 196||~1196||5,000|
|||186487|103355|~86 531|500 DDD|7D3311|
|Total unrestricted||551633|1 933958|~1127637|~27 117|1 330837|
|Restricted|||||||
|National
Portfolio Organisations||18,738|405,392|(360,473)||63,657|
|Curatorial
and Collections|||||||
|Development||84,050|||21,742|105,792|
|Whale Tales||5,485||(10,860)|5,375||
|Hope Street||43,785|18,105|(42,277)||19,613|
|Costume
Gallery||411,351|141,984|(68,179)||485,156|
|Bubble and Me|||1,700|||1,700|
|Community
Grant
Biodiversity
Curator|||6,667
7,500|(6,667)
(4,050)||3,450|
|WaliCAl
Natural
Sciences Project|||20,687
41928|(2,199)
~6769||18,488
35 159|
|Total restricted||563409|643963|~501474|27,117|733 D15|
|Total funds||1 115042|2577921|~1629 111|-|2 063 852|
##
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|22FUNDS (continued|)|||||||
|---|---|---|---|---|---|---|---|
||||||||As|
||||||||restated|
||||Balance||||Balance|
||||at 1||||at 31|
||||April|Incoming|Resources||March|
||||2019
f|resources|expended
E|Transfers
f|2020
E|
|Unrestricted||||||||
|General||||||||
|General funds - all funds|||287,056|1,527,788|(1,423,356)|(26,342)|365,146|
|~ignated||||||||
|Cumbria
Biodiversity|Data|Centre|91,151||(10,860)||80,291|
|Project Tullie|||56,182||(5,524)|24,342|75,000|
|General Acquisitions|||25,000||(2,000)|2,000|25,000|
|Cafe Investments|||5,000||||5,000|
|Gallery Improvements|||50,000||~48,804||1,196|
||||227 333||~67188|~26 3'l2|186487|
|Total unrestricted|||514389|1 527 788|(1~490544||551 633|
|Restricted||||||||
|Tullie House Secret Garden|||872||(872)|||
|National
Portfolio Organisations|||24,079|400,476|(405,817)||18,738|
|Chinese
New Year Festival||- Carlisle||||||
|City Council||||2,000|(2,000)|||
|Solway Nature
Networks|||4,079||(4,079)|||
|Curatorial
and Collections||Development|111,106||(27,056)||84,050|
|Chinese
New Year Festival||- Lancaster||||||
|University||||5,800|(5,800)|||
|Conservation
on Sam|Bough painting||120||(120)|||
|Trainee Archaeology|Curator|||30,000|(30,000)|||
|Whale Tales|||31,238||(25,753)||5,485|
|Resilient Heritage||||49,835|(49,835)|||
|Hope Street|||11,740|51,755|(19,710)||43,785|
|Costume
Gallery||||420,317|(8,966)||411,351|
|Art Fund||||7,400|(7,400)|||
|Treasures ofChina
Cafe Refurb Project||||7,500
20 000|(7,500)
~20 000|||
|Total restricted|||183 234|995083|614,908||563409|
|Totalfunds|||697623|2 522 871|(2~105452||1115042|
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|Group||||||
|---|---|---|---|---|---|
||||||Totalfunds|
|||Unrestricted|funds|Restricted|at31March|
|||General
f|Designated
f|fundsf|2021
f|
|Tangible|fixed assets|225,365||485,156|710,521|
|Fixed asset investments||303,288|||303,288|
|Current
Current|assets
liabilities|454,334
~355461|703,311|247,859|1,405,504
~355461|
|Total net assets||627 526|703,311|733 015|2,063 852|
||||||Total funds|
|||Unrestricted|funds|Restricted|at31March|
||||||2020|
|||General
f|Designated
f|fundsf|As restated
f|
|Tangible|fixed assets|235,896||215,172|451,068|
|Fixed asset investments||303,288|||303,288|
|Current
Current|assets
liabilities|297,773
~471811|186,487|348,237|832,497
~471811|
|Total net assets||365 146|186487|563409|1 115042|
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