OpenCharities

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

2023-03-31-accounts

Trustees Mrs Marie-Jane Barnett Mrs Marie-Jane Barnett
Mrs Heather Carter
Mr David Innes
Mr Thomas Johnstone
Mr Christopher
Laurence
Mr David Shouesmith (Chairman)
Mr Henry Spilberg
LtCol Retd Richard Belbin (Appointed 7February 2023)
Mr James Seddon (Appointed 7February 2023)
Mr Mike Montagu (Appointed 4October 2022)
Dr Kindell Peters (Appointed 5May 2022)
Charity number 1145408
Registered office SOFO Museum
Harrison's
Lane
Woodstock
Oxfordshire
OX20 1SS
Museum director Miss Ursula Corcoran
Independent examiner Critchleys Audit
I LP
Beaver House
23-38 Hythe Bridge Street
Oxford
OX1 2EP
Bankers Barclays pic and The Co-operative Bank pic
Solicitors Blake Morgan
Seacourt Tower
West Way
Botley
Oxford
OX2 OFB

Current financial year Unrestricted Restricted Endowment Endowment Total Total
funds funds funds
Notes 2023
f		 2023 2023 2023
R.		 2022
Income and endo
ants from:
Donations and legacies
Charitable
activities
Investments
Other income		 33,600
30,405
32,911
9,003		 10,933 44,533
30,405
32,911
9,003		 40,163
157,810
31,267
17,904
Total income 105,919 10,933 116,852 247,144
Charitable
activRies		 289,286 10,074 299,360 264,738
Net gains/(losses)
on investments		 11 (43,874) (43,874) 89,198
Net (outgoing)/incoming
resources
transfers		 before (183,367) 859 (43,874) (226,382) ?1,604
Gross transfers
between funds		 20,000 (20,000)
Net movement
in funds		 (163,367) 859 (63,874) (226,382) 71,604
Fund balances at 1April 2022 2,489,717 9,599 1,162,218 3,661,534 3,589,930
Fund balances at 31March 2023 2,326,350 10,458 1,098,344 3,435,152 3,661,534

Prior financial year
Unrestricted Restricted Endowment Total
funds funds funds
Notes 2022
E		 2022 2022 2022f
In ome
nden		 wmen from:
Donations
and		 legacies 23,575 16,588 40,163
Charitable
activities		 157,810 157,810
Investments 31,267 31,267
Other income 17,904 17,904
Total income 230,556 16,588 247,144
Charitable
activities		 256,749 7,989 264,738
Net gains/(losses)
on investments		 89,198 89,198
Net (outgoing)/incoming resources before transfers (26,193) 8,599 89,198 71,604
Gross transfers between funds (1,516) (29,484) 31,000
Net movement in funds (27,709) (20,885) 120,198 71,604
Fund balances at 1 April 2021 2,517,426 30,484 1,042,020 3,589,930
Fund balances at 31!larch 2022 2,489,717 9,599 1,162,218 3,661,534

2023 2022
Notes f. F
Fixed assets
Tangible assets 13 2,312,724 2,369,826
investments 14 1,098,344 1,162,218
3,411,068 3,532,044
Current assets
Debtors 15 10,625 21,595
Cash at bank and in hand 30,832 116,179
41,457 137,774
Creditors: amounts falling due within
one year 16 (17,3?3) (8,284)
Net current assets 24,084 129,490
Total assets less current liabilities 3,435,152 3,661,534
Capital funds
Endowment
funds -		 eneral
General endowment funds 1,098,344 1,162,218
1,098,344 1,162,218
Expendable
endowment		 1,098,344 1,162,218
18 1,098,344 1,162,218
Income funds
Restricted funds 19 10,458 9,599
Unrestricted
fun s
Designated
funds		 20 2,312,724 2,369,826
General unrestricted funds 13,626 119,891
2,326,350 2,489,717
3,435,152 3,661,534
The financial statements were approved by the Trustees on..~~. ....... .~3
/J 3

Unrestricted Restricted Total Unrestricted Restricted Total
funds funds funds funds
2023f 2023 2023f 2022 2022 2022
Government grants 9,454 9,454
Donations and grants 33,600 10,933 44,533 14,121 16,588 30,709
4 Charitable activities
Total Total
2023f 2022
Income from charitable activities 30,405 157,810
5 Investments
Unrestricted Unrestricted
funds funds
2023 2022
Dividends and interest 32,911 31,267

Unrestricted Unrestricted
funds funds
2023 2022
Royalties 246
Other income 8,757 17,904
9,003 17,904

Charitable Charitable
activities activities
2023 2022
F R
Staffcosts 105,675 114,225
Depreciation
and impairment		 57,102 65,253
Travel and subsitence 1,095 341
Rent, rates and utilities 39,184 20,129
insurance 7,343 5,241
Maintenance
and small equipment		 costs 29,931 17,716
Computer costs 16,495 13,352
Publicity and function costs 17,783 8,019
General office costs 8,361 9,578
Training
and conferences		 292 346
Volunteer expenses 677 223
Exhibition
and archive		 costs 'l0,262 7,965
294,200 262,388
Share ofgovernance costs (see note 8) 5,160 2,350
299,360 264,738
Analysis
by fund
Unrestricted
funds		 289,286 256,749
Restricted funds 10,074 7,989
299,360 264,738

8 Supportcosts Support
costs		 Governance
costs		 2023Support costs Governance
costs
P		 2022
R
Independent
examination
fee		 5,160 5,160 2,350 2,350
5,160 5,160 2,350 2,350
Analysed
between
Charitable
activities		 5,160 5,160 2,350 2,350

ditheearwas:
The average monthly number of employees urng y 2023 2022
Number Number
2023 2022
Employment costs R f.
99,287 107,173
Wages and salaries 3,835 4,505
Social security costs 2,553 2,547
Other pension costs
105,675 114,225

Tangible fixed assets Tangible fixed assets
Freehold land Plant and Fixtures and Computers Total
and buildings equipment fittings
E R
Cost
At 1April 2022 2,855,088 (4,931) 417,550 28,630 3,296,33?
At 31 March 2023 2,855,088 (4,931) 417,550 28,630 3,296,337
Depreciation and impairment
At 1April 2022 485,262 (4,931) 417,550 28,630 926,511
Depreciation charged in the year 57,102 57,102
At 31 March 2023 542,364 (4,931) 417,550 28,630 983,613
Canying
amount
At 31 March 2023 2,312,724 2,312,724
At 31 March 2022 2,369,826 2,369,826

14
Fixed asset investments
(Continued)
Listed
investments
Cost orvaluation
At 1April 2022
Valuation changes
Disposals
1,162,218
(43,874
(20,000
At 31 March 2023
1,098,344
Carrying
amount
At 31 March 2023
1,098,344
At 31 March 2022
1,162,218
15
Debtors
Amounts
falling due within one year:
2023
R
2022
Trade debtors
Amounts
owed by fellow group undertakings
Prepayments
and accrued income
4
10,621
1,357
16,623
3,615
10,625
21,595
16
Creditors: amounts
falling due within one year
Notes
2023
R
2022
Deferred income
Trade creditors
Accruals
7,742
9,631
365
5,579
2,340
17,373
8,284
17
Deferred income
2023
F
2022
R
Other deferred income
365
Deferred income is included
in the financial statements
as follows.		 Fixed asset investments
(Continued)
Listed
investments
Cost orvaluation
At 1April 2022
Valuation changes
Disposals
1,162,218
(43,874
(20,000
At 31 March 2023
1,098,344
Carrying
amount
At 31 March 2023
1,098,344
At 31 March 2022
1,162,218		 )
}
Fixed asset investments (Continued)
Listed
investments
Cost orvaluation
At 1April 2022 1,162,218
Valuation changes (43,874)
Disposals (20,000}
At 31 March 2023 1,098,344
Carrying
amount
At 31 March 2023 1,098,344
At 31 March 2022 1,162,218

2023 2022
R
Deferred income is included within:
Current liabilities 365
Movements
in the year:
Deferred income at 1April 2022 365 730
Released from previous
periods		 (365) (365)
Deferred income at 31 March 2023 365

Balance at Transl'ers Revaluations Balance at Transfers Revaluations Balance at
1April 202'l gains and
losses		 1April 2022 gains and 31
losses		 March 2023
R R
Expendable endowments
Endowment
funds 1,042,020 31,000 89,198 1,162,218 (20,000) (43,874) 1,098,344
1,042,020 31,000 89,198 1,162,218 (20,000) (43,874) 1,098,344
N4l "0 N
c m
m g
'I C		 Q Ctl
eo
O Ol
gc
e
ISIf		 O
CO
to O
CO
CO
CO~		 O
CO
to O
CO
CO
CO~		 CO
'Cl
O
PL
O
K		 I
4l Q
4l
0
C4		 N
'U
c
c		 «W
Clo~
Oe
Cl
«x		 Ul
Ol
Ul		 CA
O		 OO
2
Q
4l
8I
Ul0c
m
Nc0		 4l
C4O
CL
0
C)Zx
4l0
Jm
.8
4l0
E		 NN 0
m-
a&
x c
mm
Ul
N c
0.C
0 m
o N
N
XI ~~
c m
t4
E 0		 c
E
4l
~
0		 ote
E~
c cI
ao
c«
e
CCI
«cv
cI D
ce
«Ctg		 O
O
O
CO		 0)
6)
Ul
CV
m
0		 4lN Po g
55		 «c bl Ol
Gl
0
N8
m
Xl
4l
4lax
4l
Ulc		 c
4l
4l
Xt0
N
0		 4l c0
O
~C
2Z
0
4l
E 0
O
Cl CL
@ M
o N
~C		 N'u
C
c
c
(y
E
0
N		 «m
e e
fce
o«k
Pg e
ce
ot«
-v
f
aao		 Ol
C8
Ctl		 O
O
to
A
CA		 Ol
CO
CC
to
co
I-
lOD
lLI-		 d
LLI
XI-X0V
40		 00
4l
Ulc
LaE
8
N		 x
4l
O
O4l
C1.
0a0.
N0
L		 'Q
C5
CO
Ca 0
c—
Q
N
5C
0@ N
O
L4
4l
4l
a a
N		 e cc
eo
O Ol
o«T		 CO
C4		 CO
C4		 O
Cil
LLIKx IK
LLI		 'U
4l
O
N		 0
E0		 L0 0
4- c
N
m
r
N
LC
tD
CO
ClC0
0
0
CO
Cl
0
CO
LLII,
'
I-		 LLII-
I-
tO
VK
Z
LLIx
I0I-
CO
LLII-0R		 V
Cl
Q
~w
ILI
LI0		 4l0
O
Ctl
O
4l
0
4lE0
Oc
4l
I-		 L4
Ul
tllc
4l
a
4l
c
IL
0
Z
t5
m
I-		 N g
m
—E
Or
4l
N
UN
U
5
ILC
~
+I 4l
g +
O N
() cc
c
I NN
m U
N
L
I-& m		 Z L
Cl
0
CCI
COo

Balance at Transfers Balance at Transfers Balance at
1April 2021 1April 2022 31 Nlarch 2023
Fixed asset fund 2,435,080 (65,254) 2,369,826 (57,102) 2,312,724
2,435,080 (65,254) 2,369,826 (57,102) 2,312,724
5I
P		 N
N
C7
N		 W CO
N
IO
CD
CO
Pl		 IO
N
N
CO		 O
CD
CD
N		 IO
CO
CO
N ~
CIDNW I CO 00
g N N
N		 N
N
0 CO CO
C
LU
'C0 ID g
ON		 W CD
CD
IA
CD
L'
'C0 ID/ W CO
N		 ~
CO
C IP CD
CO		 CD
CO
Ih
IO N
I
N
0 O IO
N CO
CDO		 N IA
C0
N ~
ID
gl0		 CD
N		 Cll I ~ I
Eg N O 00
CDO
'I0
C
Ill
'C0
M
O'C0		 CO
N		 W
C
C3 'C0
ID
O'0		 CD
N		 Cll N I IO O
IO
I-
40		 LLIDzI-z0 C I N CV CO C0
CO
N
I-
LLI		 O
lh
Iz		 i
C
LLI ID
x
foalD LUI- V I0.
LD
0 th C5
C0
NO
0 Oz a V
0 z T
40 LLI t5
LLI
Cl
0
CO		 LLITI-0I-
40
LLI		 C
LLI		 mO
I5
N
Cl
C
LI		 JD I5 C
ID
—E
Xl
ID
C
ID
P +		 III
IDI5
Ce
I
0
ZI- I0z 0 N