##
|||Page||
|---|---|---|---|
|Report
of the Trustees||||
|Independent
Examiner's|Report|||
|Statement
of Financial|Activities|||
|Balance
Sheet||||
|Notes to the Financial|Statements|5 to|9|
|Detailed
Statement
of|Financial|||
|Activities||10||
##
##
|||||for the|
Year
Ended
31 Dece|mber
2021||
|---|---|---|---|---|---|---|---|
|||||||31.12.21|31.12.20|
|||||||Unrestricted|Total|
|||||||fund|funds|
||||||Notes|||
|INCOME
AND||ENDOWMENTS||FROM||||
|Donations|and||legacies|||29,280|26, 457|
|Other
trading|||activities|||62, 827|44, 694|
|Total||||||92, 107|71,151|
|EXPENDITURE
Charitable||ON
acti|vities|||||
|Charitable||Activities||||101,849|60,315|
|NET
INCOME|/|(EXPENDITURE)||||(9,742)|10,836|
|RECONCILIATION|||OF FUNDS|||||
|Total
funds||brought
forward||||68,567|5 "F, 731|
|TOTAL
FUNDS||CARRIED
FORWARD||||58,825|68,567|
|||||NE|Land|Sea and A|ir
Museum
Ltd|ir
Museum
Ltd|.||
|---|---|---|---|---|---|---|---|---|---|---|
|||||||Balance|Sheet||||
|||||||31 December||2021|||
||||||||||31.12.21|31.12.20|
||||||||||Unrestricted|Total|
||||||||||fund|funds|
|||||||Notes|||f.||
|FIXED ASSETS|||||||||||
|Tangible
assets|||||||||21,465|24, 363|
|Investments|||||||||2|2|
||||||||||21,467|24, 365|
|CURRENT
ASSETS|||||||||||
|Debtors|||||||||11,987|7, 922|
|Cash at bank||and|in|hand|||||56,064|69,700|
||||||||||68,051|77, 622|
|CREDITORS|||||||||||
|Amounts
falling
year|||due|within|one|10|||(30,693)|(33,420)|
|NET
CURRENT|ASSETS||||||||37,358|4N, 202|
|TOTAL ASSETS||LESS CURRENT|||||||||
|LIABILITIES|||||||||58,825|68,567|
|NET ASSETS|||||||||58,825|68,567|
|FUNDS|||||||||||
|Unrestricted||funds|||||||58,825|68,567|
|TOTAL
FUNDS|||||||||58,825|68,567|
##
##
|OTHER
TRADING ACTIVI|TIES|||
|---|---|---|---|
|||31.12.21|31.12.20|
|Transfer
of profits
Rental
income
Sale of exhibits|from Subsidiary|7,374
9,300
5,430|3,759|
|Education
workshops
Job retention
scheme
Government
grants
Sundry
receipts|grants|10,718
29,912
93|5,204
6,281
29,450|
|||62, 827|44, 694|
##
|NET
INCOME/
(EXPENDITURE)|||
|---|---|---|
|Net
income/(expenditure)
is stated after
charging/(crediting):|||
||31.12.21|31.12.20|
|Depreciation
— owned assets
Hire of plant
and
machinery
Other
operating
leases
Deficit
on disposal
of fixed assets|3,158
223
5,910|28970
287
5,138
562|
##
##
##
##
##
||||||||||||(||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|The average||monthly|number||of employees||during||the|year|was|as follows:|||
||||||||||||31.12.21||31.12.20||
|Full
time||||||||||||1||1|
|No employees||received||emoluments||in excess||of|%,60,|000.|||||
|COMPARAT'IVES||FOR
THE||STATEMENT||OF FINANCIAL||ACTIVITIES|||||||
||||||||||||||Unrestricted||
||||||||||||||fund||
|INCOME
AND|ENDOWMENT||S|FROM|||||||||||
|Donations|and legacies||||||||||||26,|457|
|Other
trading
activities|||||||||||||44,|694|
|Total|||||||||||||71|151|
|EXPENDITURE||ON|||||||||||||
|Charitable|activities||||||||||||||
|Charitable|Activities||||||||||||60,|315|
|NET
INCOME|||||||||||||10,|836|
|RECONCILIATION
OF FUNDS|RECONCILIATION
OF FUNDS|RECONCILIATION
OF FUNDS|RECONCILIATION
OF FUNDS||
|---|---|---|---|---|
|Total|funds|brought|forward|57.731|
|TOTAL|FUNDS|CARRIED|FORWARD|68,567|
##
##
||||Fixtures||||
|---|---|---|---|---|---|---|
||||and
fittings|Motor
vehicles|Computer
equipment|Totals|
|COST|||||||
|At
1 January
2021
Additions|||33 532|4, 150|1,002
260|38,684
260|
|At|31 December|2021|33,532|4, 150|1,262|38,944|
|DEPRECIATION|||||||
|At
1 January
2021
Charge
for year|||13,119
2 255|735
735|467
168|14,321
3,158|
|At|31 December|2021|15,374|1,470|635|17,479|
|NET|BOOK VALUE||||||
|At|31 December|2021|18,158|2, 680|627|21,465|
|At|31 December|2020|20,413|3,415|535|24, 363|
##
|MARKET
VALUE|MARKET
VALUE|
|---|---|
|At
31|1 January
2021 and
December
2021|
|NET|BOOK VALUE|
|At|31 December
2021|
|At|31 De'cember
2020|
##
|||||||||||||31.12.21|31.12.20|31.12.20|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||||||'E||
||Other
debtors|||||||||||10,816|4,|639|
||Prepayments|||||||||||1,171|3,283||
|||||||||||||11,987|7,|922|
|10.|CREDITORS:|AMOUNTS||FALLING||DUE|WITHIN|ONE|YEAR||||||
|||||||||||||31.12.21|31.12.20||
||Social security
Ridley project
Deferred
income||and|other||taxes||||||5,872
20,435|446
8,135
22,735||
||Accrued
expenses|||||||||||4,386|2,|104|
|||||||||||||30,693|33,|420|
|11.|MOVEMENT
IN|FUNDS|||||||||||||
|||||||||||||Net|9||
|||||||||||||movement|At||
|||||||||||At|1.1.21|in
funds|31.12.21||
|||||||||||||f.|||
||Unrestricted|funds|||||||||||||
||General
fund|||||||||68,567||(9,742)|58,|825|
||TOTAL
FUND S|||||||||68,567||(9,742)|58,|825|
||Net
movement|in|funds,||included||in the|above||are as follows:|||||
|||||||||||Incoming
resources||Resources
expended|Movement
in
funds||
||Unrestricted|funds|||||||||||||
||General
fund|||||||||92,107||(101,849)|(9,|742)|
||TOTAL
FUNDS|||||||||92,107||(101,849)|(9,|742)|
||Comparatives|for|movement|||in funds|||||||||
|||||||||||||Net|||
|||||||||||||movement|At||
|||||||||||At|1.1.20|in
funds|31.12.20||
||||||||||||f.||f.||
||Unrestricted|funds|||||||||||||
||General
fund|||||||||57,731||10,836|68,|567|
||TOTAL
FUNDS|||||||||57,731||10,836|68,|567|
##
##
|Comparative
|net
movement
in fun|ds,
included
in the
abo|ve
are as f|ollows:|
|---|---|---|---|---|
|||Incoming
resources|Resources
expended|Movement
in
funds|
|||||f.|
|Unrestricted|funds||||
|General
fund||71,151|(60,315)|10,836|
|TOTAL
FUNDS||71,151|(60,315)|10,836|
||||||Net||
|---|---|---|---|---|---|---|
||||||movement|At|
|||||At 1.1.20|in
funds|31.12.21|
|Unrestricted|||funds|||9|
|General||fund||57,731|1,094|58,825|
|TOTAL|FUNDS|||57 731|1,094|58,825|
|
y
funds,
includ|
p
ed
in the
above ar|y
e as follows:||||
|---|---|---|---|---|---|
|||Incoming
resources|Resources
expended|Movement
in
funds||
|Unrestricted|funds|||||
|General
fund||163,258|(162,164)||1,094|
|TOTAL
FUNDS||163,258|(162,164)||1,094|
|NE L|NE L|and
Sea a|and
Sea a|and
Sea a|nd|Air
Museum|Ltd.|Ltd.||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|Detailed||Statement|||of|Financial|Activities|||||
|for the|||Year|Ended||31 December||2021|31.12.21||31.12.20|
||||||||||f.|||
|INCOME
AND
ENDOWMENTS||||||||||||
|Donations
and legacies
Donations|||||||||1,|308|6,237|
|Grants
received
Museum
entrances|||||||||27,|972|3,543
16,677|
||||||||||29,|280|26, 457|
|Other
trading
activities
Transfer
of profits
from
Subsidiary
Rental
income
Sale of exhibits|||||||||7,
9,
5,|374
300
430|3,759|
|Education
workshops
Job retention
scheme
grants
Government
grants
Sundry
receipts|||||||||10,
29,|718
912
93|5,204
6,281
29,450|
||||||||||62,|827|40, 694|
|Total
incoming
resources|||||||||92,|107|71,151|
|EXPENDITURE||||||||||||
|Charitable
activities||||||||||||
|Wages
and salaries
Pensions|||||||||23,|957
531|16,859
933|
|Hire of fixed assets||||||||||223|287|
|Transportation
fees
Rent,
rates
and water
Insurance
Light
and heat
Telephone
Postage
and stationery
Advertising
Sundry
expenses
Repairs
and
renewals
Motor
and travelling
expenses
Acquisition
of museum
exhibits
Depreciation
of tangible
fixed
assets
Loss
on sale of tangible
fixed
assets|||||||||5,
2,
1,
10,
34,
14,
3,|910
594
534
643
815
10
339
079
655
9
547
158|5,138
3,010
1,748
2, 997
717
116
22
2, 898
13,470
1,407
5,000
2, 970
562|
|Bank charges||||||||||927|566|
||||||||||99,|931|58,700|
|Support
costs||||||||||||
|Governance
costs||||||||||||
|Accountancy
and book-keeping
Legal fees|||||||||1,798
120||1,553
62|
||||||||||1,|918|1,615|
|Total resources
expended|||||||||101,849||60,315|
|Net
(expenditure)/income|||||||||(9,|742)|10,836|