OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2022-03-31-accounts

Trustees Mrs IVlarie-Jane Barnett Barnett
Mrs Heather Carter (Appointed 25 May 2021)
Mr David Innes
Mr Thomas Johnstone (Appointed 13January 2022)
Mr Chdstopher Laurence
Dr Thomas Shannon
IVlr David Shouesmith
2021)		 (Chairman from 28 July (Appointed 25 May 2021)
Mr Henry Spilberg (Appointed 27 October 2021)
Charity number 1145408
Registered office SOFO Museum
Harnson's
Lane
Woodstock
Oxfordshire
OX20 1SS
Museum director Miss Ursula Corcoran
independent examiner Critchleys
Audit		 LLP
Beaver House
23-38 Hythe Bridge Street
Oxford
Oxfordshire
OX1 2EP
Bankers Barclays pic and The Co-operative Bank pic
Solicitors Blake Morgan
LLP
Seacourt Tower
West Way
Oxford
OX2 OFB

Page
Trustees'
report		 1-6
independent
examiner's		 report
Statement offinancial activities 8-9
Balance sheet 10
Notes to the financial statements 11-23

Current financial year
Unrestricted Restricted Endowment Total Total
funds funds funds
Notes 2022
f		 2022 2022
E		 2022
K		 2021
ncome an
endowments		 from:
Donations
and legacies		 23,575 16,588 40,163 79,461
Charitable
activities		 157,810 157,810 66,959
Investments 31,267 31,267 31,414
Other income 17,904 17,904 28,585
Total income 230,556 16,588 247,144 206,419
Ex enditure on:
Charitable
activities		 7 256,749 7,989 264,738 259,363
Net gains/(losses)
on investments		 11 89,198 89,198 185,231
Net (outgoing}/incoming resources
before transfers (26,193) 8,599 89,198 71,604 132,287
Gross transfers
between		 funds (1,516) (29,484) 31,000
Net movement
in funds		 (27,709) (20,885) 120,198 71,604 132,287
Fund balances at 1 April 2021 2,517,426 30,484 1,042,020 3,589,930 3,457,643
Fund balances at 31 March 2022 2,489,717 9,599 1,162,218 3,661,534 3,589,930

Prior financial year
Unrestricted Restricted Endowment Total
funds funds funds
Notes 2021f 2021
E		 2021 2021
Income and endowments from.
Donations
and legacies
Charitable
activities
Investments
Other income		 65,211
66,959
31,414
28,585		 14,250 79,461
66,959
31,414
28,585
Total income 192,169 14,250 206,419
Ex enditure on:
Charitable
activities		 216,606 42,757 259,363
Net gains/(losses)
on investments		 185,231 185,231
Net (outgoing)/incoming resources before transfers (24,437) (28,507) 185,231 132,287
Gross transfers
between		 funds 104,778 (104,778)
Net movement
in funds		 80,341 (28,507) 80,453 132,287
Fund balances at 1 April 2020 2,437,085 58,991 961,567 3,457,643
Fund balances at 31 INarch 2021 2,517,426 30,484 1,042,020 3,589,930

2022 2021
Notes
Fixed assets
Tangible assets 12 2,369,826 2,435,080
Investments 13 1,162,218 1,042,020
3,532,044 3,477,100
Current assets
Debtors 14 21,595 48,986
Cash at bank and in hand 116,179 ?3,667
137,774 122,653
Creditors: amounts falling due within
one year 15 (8,284) (9,823)
Net current assets 129,490 112,830
Total assets less current liabilities 3,661,534 3,589,930
Capital funds
Endowment
funds -		 eneral
General endowment funds 1,162,218 1,042,020
1,162,218 1,042,020
Expendable
endowment		 1,162,218 1,042,020
17 1,162,218 1,042,020
Income funds
Restricted
funds		 9,599 30,484
Unrestricted
funds
Designated
funds		 2,369,826 2,435,080
General unrestricted funds 119,891 82,346
2,489,717 2,517,426
3,661,534 3,589,930

Unrestricted Restricted Total Unrestricted Restricted Total
funds funds funds funds
2022f 2022
f		 2022
f		 2021 2021 2021f
Government grants 9,454 9,454
Donations and grants 14,121 16,588 30,709 65,211 14,250 79,461
4 Charitable activities
Total Total
2022 2021
Income from charitable activities 157,810 66,959
5 Investments
Unrestricted Unrestricted
funds funds
2022f 2021f
Dividends and interest 31,267 31,414

Unrestricted Unrestricted
funds funds
2022 2021
Other income 17,904 28,585
7 Charitable
activities
Charitable Charitable
activities activities
2022 2021
StafFcosts 114225 100,436
Oepreciation
and impairment		 65,253 64,113
Travel and subsitence 341 252
Rent, rates and utilities 20,129 15,266
Insurance
Maintenance
and small equipment		 costs 5,241
17,716		 4,878
8,876
Computer costs 13,352 13,485
Publicity and function costs 8,019 2,797
General office costs 9,578 4,397
Training
and conferences		 346 120
Volunteer expenses 223
Exhibition
and archive		 costs 7,965 42,757
262,388 257,377
Share ofgovernance costs (see note 8) 2,350 1,986
264,738 259,363
Analysis
by fund
Unrestricted
funds		 256,749 216,606
Restricted funds 7,989 42,757
264,738 259,363

Supportcosts
Support
costs		 Governance
costs		 2022 Support
costs		 Governance
costs		 2021
K E.
Independent
examination
fee
Trustee expenses		 2,350 2,350 1,950
36		 1,950
36
2,350 2,350 1,986 1,986
Analysed
between
Charitable
activities		 2,350 2,350 1,986 1,986

The average
monthly
number ofemployees
during t		 he year was:
2022 2021
Number Number
Employment
costs		 2022 2021
Wages and salaries
Social security costs
Other pension costs		 107,173
4,505
2,547		 94,286
4,461
1,689
114,225 100,436

Endowment Endowment
funds funds
general general
2022 2021
Revaluation ofinvestments 89,198 185,231

Tangible fix ed asset s
Freehold
land
and buildingsf		 Plant and
equipment		 Fixtures and
fittings		 Computers Total
Cost
At 1 April 2021 2,855,088 4,931 417,550 28,630 3,306,199
At 31 March 2022 2,855,088 4,931 417,550 28,630 3,306,199
Depreciation and impairment
At 1 April 2021 428,160 4,931 409,398 28,630 871,119
Depreciation charged in the year 57,102 8,152 65,254
At 31 March 2022 485,262 4,931 417,550 28,630 936,373
Carrying amount
At 31 March 2022 2,369,826 2,369,826
At 31 March 2021 2,426,928 8,152 2,435,080

Listed
Investments
f
Cost or valuation
At 1 April 2021 1,042,020
Additions 31,000
Valuation changes 89,198
At 31 March 2022 1,162,218
Carrying amount
At 31 March 2022 1,162,218
At 31 March 2021 1,042,020

14 Debtors
Amounts
falling due		 within one year: 2022
f		 2021f
Trade debtors 1,357 22,371
Amounts
owed by fellow group undertakings		 16,623 22,381
Prepayments
and accrued		 income 3,615 4,234
21,595 48,986
15 Creditors. " amounts falling due within one year
Notes 2022
f		 2021f
Deferred income 16 365 730
Trade creditors
Other creditors		 5,579 5,797
201
Accruals 2,340 3,Q95
8,284 9,823
16 Deferred income
2022f 2021f
Other deferred
income		 365 730
Deferred income is included in the financial statements as follows:
2022f 2021f
Deferred income is included within:
Current
liabilities		 365 730
Movements
in the year:
Deferred income at 1 April 2Q21
Released from previous
periods		 730
(365)		 1,095
(365)
Deferred income at 31 March 2022 365 730
CV CO CO
45 Al PJ
4l Cl O4
CO		 (0
K
4)
OC
m		 Ih00
(5
'0
51
N
N
51
N"
0 0
OOO 15
IC
(555
m
'0
Cl
Cl
C		 N0C« LC
Q«
IC0
I-		 CI
CI		 CI
Cl
F7
m«
0J:«0
«~
m
GlE E		 E
Cl
0		 N
41
Cl
0
IC
41
lL
'0
40
Cl0l(Q
o «0
~
In
41 5l
Ul
m8
0 K		 01
E0
ClC
NI50
I00
51
41
01 C
C 0
.8 plC
m'u
Cl 'P
m
0
ln
O
Cl
C N
CA0
I
(U 0		 4I
IC
Cl
51
N
Cl
IC00
IC
III
45
CC
T
'0
Cl
0 e
IC
CC
NN
0 0		 CI
Cl
CV
C&		 Cl
C)
CV
CG
14
O		 15
51
Ol		 CO
T
Cl
(5		 N
~ Gl I CO CQ
I-
V)D
OCI-		 CI
LUD
I-
0
V
cfl		 mO
C
ClC C
(5+
E$0.0
OC
4l—
Cl
O		 4
«
C
C
X		 Cl
N
NN
0
N4l((!
Tl
N
Tl
0.
X
4l		 CI Cl
N r
CC
X LLI Cl
C		 Ol
CO ILI E
C3
IX,
'0		 I-
CO		 U g
m
6 U
R		 80
X0
0
lOK
Cl
0
lO
LUXI-		 OX
X
LLIXI-0I-
CO
IJII-
GR		 Lua
LLI
C0		 '5
«
C0
E
C
(II		 (5
Ul
C
Cl
41 '
IA
41 C
0
m
Cl~
CC (5
c o
gl		 IC
N
Cl0
l5
Yl
m
CV
CC
ID.		 Tl
41
Cl
J2
E
C 3
Cl 0
0'U
C
(Cl
LL(		 0
C
~

Balance at Transfers Balance at Transfers Balance at
1 April 2020 1April 2021 f 31 March 2022
f
Fixed asset fund 2,499,193 (64,113) 2,435,080 (65,254) 2,369,826
2,499,193 (64,113) 2,435,080 (65,254) 2,369,826
CU
I-		 ~
N		 Cal 00 0
CO bl
CO
00
CO		 00 0
CO bl
CO
00
CO		 00 0
CO bl
CO
00
CO		 0
CD
PJ N CD
O CO
CO
Al
C
5
0
C3		 ~ 0
N		 I 0
I
CV0
CV0		 00
LU
O
U)
0
~		 VJ
Clc
l2		 CIl0 4l I I
CO
0		 CO
0
CO CO
U)
4) N
M		 O
COO		 '
CO		 CO
Al
I EO Ol
th CO
LD lA
C CIA
OC
CIC		 4l CO
CV
CO		 CO 0
v-
CD
N
'Ct		 CO
CD OC
CD
CO CO
C4		 CO
CO
N
N Al 4l I CO
I		 CO
PJ
CV CIl
CO CO
O
'U
ILI
'U
Cl)
CU
U
0
L
II		 N 4l
Al0
O4		 CD
CD
EA
CD
M
Cl
Q
IIIDXI-		 'Cl
CU 'Q
CJ
L
II
CO
L
U)		 CV 4l
CV0
N		 CO
CV
CO
CD
(O		 I
CD
CO
CD		 CD
CO
iK00 C
IX,
'
CoO		 CDI-R
LUK
LLI		 U f5 C
ID
O.
0 CO C LD
lU
X0
0
Co		 O
z		 LLIQ J28
Ch
CU
CU		 0
C&
CU		 III
CO
CU
LL
LU
Q
0		 LUXI-0I- LLI
LLI		 4)0
0
CD		 CU
U)O
CU
EU		 CII
g)
u&
CU		 Ill
C		 IO
Io
CD
CU
CO
LLIXI-		 C0
IUI-0R		 0 CU0 Ll- M C:p c