Registered number
03094854
Radstock Museum
Report of the Trustees and unaudited Financial Statements
31 March 2026
Charity number.. 11 $1573

Radstock Museum
Report and financial statewnents
Contents
Page
Chairman's report
Report ol the trustees
Independent examinei's report
Statement of financial activities
Balance sheet
12
Statement of cash flows
Notes to the financial slalemenls
Detailed statement of financial activities
22-23

Radstock Museum
Chair's Report
For the Year ending 31 March 2026
FY 2025J26 has been a challenging year for the museum with ViSTtor numbers for the year down by
about 4001100A1 leading lo income from admissions and in the tearoom lower than in the previous
year. Despite that, income from shop sales was marginally up on last year
The Education Team has continued ils busy progiamme of school visils wf(h over 500 children from
the surrounding area visiting the museum over the course of the year. The Team has also sel up, and
run, numerous trails for children visrting the mLJseum during school holidays wfch small prizes for those
who participated The Board of Trustees are grateful lo the volunteers In the Education Tearn who
give their time for the benefrt of children in Dur area.
We have also received Income from talks organised by volunleers as part of a series of historical talks
Bygone Days
held locally. TopiGS have included.. The Rise and Fall of Local Pubs.. Follow the
Plough." Music of the Somersel Coalfield,. the 200th Anniversary of the former Stockton lo Darlinglon
Railway. From Carting Boy lo Area Manager and Bath between the Wars The talks have been well
attended and have raised valuable funds for the museum. Again. grateful thanks to the volunteers
who organise and run these talks through the colder winter fftonlhs.
As In previous years. the museum has benefited from a number of one-off. and regular, donations
which have made a valuable contribution lo the operational Costs of running the museum as well as
enabling us lo ¢urale exhibitions for the benefit of visitors and volunteers alike. During FY 2025126 the
Exhibition Team has curated two displays". Somersel Miners
Welfare and Health Care lin
collaboration with the Bath Medical Museum)." and Music of the Somersel Coalfield three Centuries
of local music making, which featured, as an exhibit, the rarely seen musical instrument called a
Serpent. Thanks to the Exhibition Team for their efforts.
Management costs are higher than in the previous financial year despite savings made following the
closure of the Communty Cafes programme last year. While energy costs were lower than in the
previous financial year, we are likely to see a rise in unit costs in the coming year as fixed rale laTiffs
come lo an end and are renewed.
On the positive side, our investment portfolio has ¢ontinued lo perform well. showing an increase ol
£17,753 114.650/01 compared lo last year. The Board of Trustees, with advice from our Independent
Financial Adviser, will conlinije lo monitor the performance ol our investments given on-going, volatile,
market condrtions and. while il is Irnpossible to accurately predict m8rket performance, will act on
recommendations frDrN our Financial Adviser, where these are given The Trustees do not expect lo
withdraw any money from the Museum's investments In the comin9 year.
As reported previously. we benefited from 2 substantial legacy in FY 2024125 and have used some of
this for essential repairs and redecoration of the wesl gable end ol the building. This has much
improved thè appearance ol this Grade 2 Iisled building. and we remain Indebted to the generosity of
the donor who has made this possible.
Expendrture on repairs and maintenance are likely lo be high again in the coming year when we
implement 8 number of recommenijalions ar15illg from a recently commissioned Fire Risk
Assessment and Fire Door Inspection Report.
Pagè 3

Radstock Museum
Chair's Report
For the Year ending 31 March 2026
In leims ol grants reGeivd, we are pleased to report th81 we have received the final inslalment of a
grant from AIMIPilgrim Trust which. together with funding recewed from ROSH and the Radslock
Museum Society in previous years, has enabled us lo complete the restoration of the Coleford SLJnday
School Banner Work is now undetway on a new museum display for this unique artefacl depicting
religious Ille on the coalfield wrth further fLJnding to be provided by the Museum S￿letY In addrtion,
the Trustees have committed £5000 from our own resources lo ensure that this important artefact is
available for public viewing al the earliest opportijnity.
We 8re also grateful lo Rad5tock Town Council who, again, sponsored our Christmas event al the
mLJseum timed lo coincide wrth the switching on of the RadslDck Christmas lights.
Conservation of another recently acquired artefact. a 17th century Somersel Map which was originally
part of an atlas of English Counties, drawn up by Dutch cartographer Joan (Johannesl Blaeu, has also
been Gompleted wrfth fLJnding provided by a generous gift from the estate ol Timothy Hughes.
The museum's or1ginal late Victorian tower clock was also put back into working order during this
year, funded by 2 generous donation received last year from local resident Terry Fi5hei Further works
are planned to add an auto winding mechanisrn.
The 8oard of Trustees has seen Trustee5 sland down during the financial year. Mark Crocker
was on the board for four years, the last three as Company Se¢retary, and was an invaluable and
indefatigable member of the team. Linda Morgan, who joined us in 2024, brought valuable experience
in volunteer run front of house operations. Both are missed. While the mLJseum is capably managed
by our existing Manager, Nick Turner, this has meant that the five remaining Iruslees have assLJmed
greatèr responsibility for the day lo day running of the museum. This is of concern lo the Board of
Trustees and. while efforts have continued lo re¢rurt suitable candidates by word of rnoulh, and by
advertising in local journals and online platform5, thi5 has not yet yielded any results.
We have also found it difficult to attract new volunteers and, while existing volunteers are continuing to
ably support the museum, we occasionally find it difficuK to find enough volunteers to staff the
museurn safely when il is open. As a result we made the difficult dècision not to open the museum on
Sundays in the short term We hope that this srtualion will resolve Itse￿ during the Coming financial
year.
The Trustees are pleased lo report that the museum's level of current cash assets exceeds the stated
aim of maintaining 6-12 months of budgeted expenditure and, overall, are satisfied that the museum is
meeting all its objectives." 15 In a sound financial position and is able lo weather the economic
challenges of the coming year.
As the financial year drew lo a close, we finally received our much anticipated invitation from Arts
Council England to apply to renew our status as an Accredited Museum, which should be completed
during the 2026127 FY Maintaining our accredrtalion 15 important not just to demonstrate our
professionalism but also to give us access to a range of museum grants and other support
opportunities.
Finally, I musl acknowledge the dedicated hard work of Nick Turner. our manager/curator and the
selfless involvément of Dur loyal Volunteers. Wilhoul their support and Input as guides, front dèsk,
shop, tea-room, documenlalion. education, finance, fund-raising. press-liaison and IT staff. the
Musèum just could not fLJnction as il does.
Page 4

Radgtock Museum
halr'8 R•port
Por th• Yoar 31 Mareh 2026
othBnkstoSlmon Coflervtho siood as Gh8lr In Novèmbor2025 hwlngtsken on the rcle on an
ntertm b8918 follry￿bngthe Un￿meLY de8th ot Nlck H8U In 2021. Slmon led u8tttrou8h o nLJmb&rof
¢hall8nging1&8UèS 8nd I w8gv8rywÈfuLthot hbÈ 6greed w Bray ort 8$ atmst88 to help me my
teot in tno roLe.
J8ckl* Qritton
Chali Rad8toc* Museum
3Auwot2026
Pag& 5

Radstock Museum
Registered number..
Charity number..
03094854
1151573
Report of the Trustees
For the year ending 31 March 2026
The trustees who are a150 directors of the charity for the purposes of the Companies Act 2006,
present their report with the financial statements of the charity lor the ye8r ended 31 March 2026
Objectives and activities
Objectives and aims
The company s objects and principal activities are In the field Df the a(Jvancement of education of
the public in the local area by the pmvision ol a museum ol local artefacts and other Items of
historic or public interest and supporting the charitable activities of Radslock Midsomer Norton and
District Museum Society.
Structure, Governance and Management
Governing document
The charity 15 corilrolled by ils governing document, a deed of trust, and constitutes a limiled
company, limited by guarantee. as defined by the Companies Act 2006.
Recruitmtnt and appointment of new trustees
Under the requirements of the Memoiandum and Articles ol Association the members of the board
of trustees are elected lo serve at the AnnLJal General Meeting.
Achievement and Performance
Charitable activitie5
The Chair's Report is set out on pages 3 to 5
Financial Review
Principal funding source5
Income is generated by èntrance fees and fundraising trading and is supported by voluntary grants
and donations.
Investmentpolicy and objectivos
The investment strategy Is to aim for medium term 9rowth. Investments. which belong to Radslock
Museum, are rnanagerj by Oliver Financial Planning It is not intended lo enca5h investments within
the next financial year
Reserves Policy
The Iruslees have established a policy that unrestricted funds not CoM￿rtted or invested in tangible
fixed a55els held by the charity should be no less than 6 months and no more than 12 months of the
budgeted expenditure. At this level they feel that they woijld be able to continue the current activities
of the charity in the event of a significant drop In Incoming resources whilst providing the necessary
time to arrange for the collection housed In the Museum to be safeguarded In addition the Trustees
will maintain 3 designatéd fund of £60,000 which is held a9ainsl the requirement to undertake major
work on the structure of the historic Grade 2 listed building In wh1ch the Museum Is housed.
Page 6

Radstock Museum
RegiSte￿d number..
Charity number..
03094854
1151S73
Report of the Trustees
For the year ending 31 March 2026
Reference and Administrative Details
Registered Company number
03094854 (England and Walès)
Registered Charity number
1151573
Registered office
Radstock Museum
Waterloo Road
Radslock
BA3 3EP
Trustees
Ms J Britton
S N Carter
Mr M J Crocker
Mr L Eyles
MrJSDeBeer
Ms L K Morgan
Mr R K Taylor
Appointed Chair 10th November 2025
Stood down as Intenm ChairlFacililator 10th November 2025
Resigned 10th November 2025
Resigned 9th October 2025
Company Secretsry
Mr M J Crocker
Mr R K Taylor
Resigned 10th Noverllbér 2025
Appointed 10th November 2025
Independent ExBminer
Katy Gooding FCA
Gooding Accounts Ltd
Holloway House
Epson Square
While Horse Business Park
Trowbridge
BA14 OXG
Solicitors
Thal¢her & Hallam
Island House
Midsomer Norton
Radslock
BA3 2HJ
Independent Flnancial Advisers
Oliver Financial Planning
98 Bay Tree Road
Bath
8A16NF
Page 7

Rad5tock Museum
Registered number:
CharÈty number:
03094854
1151573
Report of the Trustees
For the year ending 31 March 2026
Bankers
Unty Trust Bank PIC
Nine Brindley Place
Birmingham
Treasurer
L Eyles
Manager
N Turller
Curatorlal Adviser
S Clews
Arehitectural Adviser
R Taylor
Trustees, responslbllltles In relatlon to the financial statemènts
The Iruslees (who are also dire¢lors ol the charity for the purposes of company lawl ale responsible
for piepèring the Tru51ees' Annual Report and the financial statements In accordance with
applicable law and United Kingdom Accounting Standards IUK Generally Accepted Accounting
Praclicel.
Company law requires the trustees lo prepare financial slalemenls for each financial year, whi¢h
give a true and lair view of the slate ol affairs tsf the charitable company and of the Incoming
resources and application of resources, Including the income and expenditure, ol the charitable
company for that period In preparing these financial slalemenls. the Iruslees are required lo..
select suiiable accounting policies and then apply them consistently,
observe the rnethod5 and principles In the Chaiities SORP.,
make judgements and eslirnates that are reasonable and prudent.,
stale whether applicable UK Accounting Standards have been followed. subject lo any material
departures disclosed and explained In the financial statements",
prepare the financial statement5 c>n the going concern basis unless il is inappropriate lo
presume that the charitable company will continue in operation.
Page 8

Radstock Museum
R•olstor•d numbèr-
h¥rlty mvmbèr:
03094854
1151573
Report of the Trustees
For lh¢ yèar ¢ndlng 31 March 2026
Th¢ tnjsiees gre ￿k￿)n￿bIg lor ka8ping aOaquat8 acrthftts.ng reccKds thai dis¢1ry98 WAth
reasonaLI8 accuracy al any lime Ihe finanrAal post￿￿ ol the tharitable company and enabk thern
to ensuffj that finandal siatoments compty ￿￿th the CompAn*s Act 2006. They 8re also
responsI￿e for safeguarling the assets of Ihe tharilable company aTrd hance for taking r8a30nable
steps fvr tho pr9vefit￿n and deiection olfraud and other iNeguladties.
ststèm•nt •$ to dlselostsr• to our Indep•ndent Examlners
In so f&r 8s the Intslees are aw8re ot the tirne ol app￿ng OUT trustees. annu￿ rey)rt-.
Ihgre is no relevant infomation. being information needed by the examiner in conneclion
￿￿ParIng theii report. ofwhich th8 charitabl& companls examiner Is unaware.. and
the trustees have tsken 8H steps that they oughl to have taken lo make then￿fveS aware of
any iel6vant inlormalion and to estabh'sh trot tho exam1nèr is awaTe of th81 inlorrnation.
Th15 report has been prepared in accordance with the Statem&nt of R8uJmmended Practir￿-
Accounting anQ RwTling by Chariii88.
Approved by grder of fv ixjard of trustges un.
3Au
L/7& 2uz6
and signed on its behaK by.
Jackiè Brittc
Pagè 9

Radstock Museum
EXAMINER'S REPORT
Independent Examiner's Report lo the Directors of Radslock Museum
This report on the financial statements ol the Company for the year ended 31 March 2026, which are set out
on pages 3 to 21, is in respect of an examinalion carried out in accordance with s.145 of the Charities Act
2011.
Pesptsv+ivD rr*onnnqihllltlp8 of the PCC and examlner
As the charity's Directors you are responsible for the preparation of the financial 51alemenls, you consider
that the audit requirement of Regulations and s.145 of the Charities Act 2011 do not apply. 11 Is my
responsibility to Issue this report on Ih05e financial statement5 in accordance wlh the terms of the
Regulation5.
Basi5 of this report
My examination was carried out in accordance ￿fj1h the General Directions given by the Charity Commission
under s 145151 Ibl of the Charities Act 2011. That examination Includes a review of the accounting records
kept by the charty and a comparison ol the accoLJnts wlh those records. It also includes considering any
unLJsual Items or disclosures In the financial statements and seeking explanaliDns from you as trustees
concerning any SLJch matters The procedures undertaken do not provide all the evidence that would be
required in an autjit. and consequently I do nDt expre55 audit upiniDn the view given by the acGOUnt5
Independent examiner's statement
In connection wth my examination, no Tnatter ha5 Gome to my attention."
VVhi¢h gives me reasoriable cause to believe that in any material respect, the requirements
to keep accounting records in accordance with section 130 01 the Charities Act 2011 and S386 of
the Companies Acl 2006
to prepare financial slalemenls. which accord with the accounting re¢ords and Comply with the
requirements ol the Charities Act 2011 and Regulations, and $396 of the Companies Act 2006 and
th the melhocls and prin¢iples of the Statèment Df Recommended Practice. Accounting and
Reporting by Charities
have not been met, or
to which. in my opinion, attentions should be drawn In order to enable a proper understanding ol the
accounts to be reached.
hfv
Name of Principal.
Katy Gooding FCA
Gooding Accounts Ltd
ICAEW
Nam8 of fimi:
Rel¥vant professional qualification or body:
Addre55'.
Holloway House. Vvhile Horse Business Park
Epsom Square, Trowbridge, BA14 OXG
Page 1

Radstock Museurn
ststernent of Financial Activities
for the year ènded 31 March 2026
Notes UnrEStrieted Restricted Total Funds
Fund5
Funds
2026
Income..
Donatio￿& and legacies
Income from charitabltr a¢twities
Othèr trading activities
Investment in¢om
5,829
5.829
2.500
29.468
514
2500
29.458
514
Total in¢¢me
2500
38.311
Exptrrtdlture
Raising lunds
5,583
5.583
19,794
Total expDndlture
66.904
19,794
86,698
N•1 incomel (Ex￿ndItur￿l
G8ins on Inv9Stmeni assets
Tr8nsfers bét%%een funds
17.753
1,250
17,7$3
Nel rnovement ID tund9
If2.0901
118,5441
130.6341
Reconciliation of fund¥
Total Funds brought fotward
2fj3,066
655.249
Total Funds corriÈd lorward
250.976
636 705
887 681
Compardtivt statemenl of Financial Activitiès for the ye8[ endèd 31 March 2025
Notes Unre5tiiCted Re¥trirtsd Total Funds
Funds
Funds
2025
Incomè..
Do￿110￿5 and 12gaeies
In¢ome from rharltable activiti&S
Oth¢1 trading 4ftl¥itles
Investmont Incoffle
83.244
9,850
3,760
93,og4
3.760
30,740
31.690
127594
Expenditurfr
6.2B4
34.529
6,384
63.939
29,410
Total expenditure
40.813
29410
70.223
Net Incomell?xponditure}
Gains on Investment assets
Tran51ers bètween fuads
Net Movèment In funds
74.021
8.B04
57.271
8.804
82.825
66,075
RerorttillatioD of fullds
TDt21 Funds brouoht
180 241
671 999
B52.240
Total Fun¢Js ¢arried forw8rd
263 066
55 249
15
Page11

Radstock Mu5•um
Balance Sheet
as at 31 March 2026
2026
2025
Fixed a55ets
Tarngiblé assats
Investments
624.347
138.972
639.188
121.219
763.319
760.408
Current ass¢ts
g?A
5170
5.424
147,8TT
158.471
Oebtors
Cash at bank ènd in hand
6,129
115,175
125,532
Creditors.. amD41nt$ Idling dug
vAthln one year
15841
Net eurrnnt aBset#
124,362
157.907
Total a880ts 1888 Currgnt
Ilabllltl85
887.681
918.315
NDt as59ts
887.681
918,315
Funds
11
Unre51ricted funds
Reslricled funds
250.976
636.705
263.066
655,249
T•lal Funds
887.681
918,315
The ttystetss are satsfied thal the compsfty is entthd lo exemptw)n frfm the wuirement to obtsin
8n Audll under se¢tion 477 of Ihe Compènles A¢t 20￿.
The membe¥¥ heve r￿t required the to obtsth ¥n audit in acc(Kdance wlth 5edlon 476 of
the Act.
The directorsltruslees èdLntrMe&Jè Ihelr reSP￿￿bIrtleS lor Com1A￿n9 With rtsguirem8nts of the
Cornp&nies Act 2006 with respect to acwunthng reuKds weparation of accounts.
The accounts have been prepared in acCOrdar￿ vtith Ihe provisKtt)s in PBrt 15 of the C(Mnpanies Act
2006 aprAic8b￿ to companies subject to the small comp3ni8s r8oime.
These financial statements were spproved by he Trustees on..
3 A. L)0. .L.oz6
On b8half of th8 TnJste8S
Signatur8
Name
jack￿ BrfftDn
PDsltitYTr
Chalr
Pagg 12

Radstock Museum
Statement of Cash Flows
for the year ended 31 March 2026
Notes
2026
2025
Cash used In operating activities
12
133.2171
72.292
Cash inflow from investment activities
514
Net Increase in cash
132,7031
72,292
Cash at bank and in hand less overdrafts at 1 April
147,877
75,585
Cash at bank and In hand less overdrafts at 31 March
115,175
147,877
Consisting of..
Cash at bank and in hand
115,175
115,175
147,877
147,877
Page 13

Radstock Museum
Notes to the Accounts
for the year ended 31 March 2026
1 Principle accounting policies
The principal ac¢ounting policies adopted in Ihe preparation of the financial slalemenls are sel out
below.
Basls ofpreparntyon
The financial statements have been prepared in accordance with Accounting and Reporting By
Ch8rilies.' Statement of Recommended Pra¢li¢e applicable to charities prepariF)g their accounts in
accor(Jance witn Ine trinanciai k(eponing JlaiiQalU Ill liir LiK arid Rep([
vi Iieland
IFRS1021 (effective 1 January 20191 (Charities SORP IFRS 10211. the Financial Reporting
Standard applicable in the UK and Republic of Ireland IFRS 1021 and the CompJniÈs Act 2006
Fund Accounting
Unrestricted funds are available for Ljse at the discretion of the trustees in furtherance of the general
obieelives ol the Charity.
Designated funds are LJnrestrict8d funds eamiarked by the Management Committee for particular
purposes.
Reslricted Funds are subjected lo reStr￿110nS on their expenditure imposed by the donor or through
the leims ol an appeal
Incoming Resources
All Incoming re50uices are included In the statement ol financi31 activitiès whèn the Charity is
enlilled lo the Income and the amount Can be quantified with reasonable accuracy. The following
Specific policies are applied Its particular categories of Income
Voluntary income is received by way of grants. donations and gifts and is included in fLJII in the
Slatemènl ol Financial Activities when receivable. Grants, where enlillement is not conditional on
the delivery of a specific performan￿ by the charty, are recognised when the charity becomes
unconditionally enlillèd to the grant
Donated services and facilit￿S are Included al the value lo the charity where this can be quantified.
The value of services provided by volunteers has not been included in these accounts.
Investment income is included when receivable
Incoming resources from cttarilable trading aclivrty are accounted for when earned.
Incoming resources from grants whgrg relatpd to pgrformance and specrfic deliverab￿s. are
accounted for as the charity earns the right lo consideration by 115 performance
Page 14

Radstock Museum
Notes to the Accounts
for the year ended 31 March 2026
Resources expended
Expenditure 15 recognised on an acciual basis as a liabilty is incurred. Expenditure includes any
VAT which cannot be fully recovered.
Costs of generating funds comprise5 those costs associated with attracting voluntary income and
the Costs ol trading tor fundraising purposes
Charitablè expenditure comprises those costs incurred by the charty In the delivery ol 115 activities
and services for ils beneficiaries 11 Includes both costs that can be allocated directly lo such
a¢tivities and those costs of an indirect nature necessary lo support them.
Governance costs include those costs associated with meeting Ihe conslilutional and slalutory
requirements ol the charrty and include the examinei's lees and costs linked lo the strategic
management of the charity.
All costs are allocated be￿een the expenditure categories of the SOFA on a basis designed lo
reflect the usè of the resource. Costs relating to a particular activity are allocated directly, others are
apportioned on an appropriate basis.
Tangible fixed assets
Depreciation Is provided al the following annual rates in order lo wrrte off each asset over ils
estimated useful life
Freehold property
Fixtures and equipment
Fixtures and fittings
1.5°/o on cost
150/0 on reducing balance
5 /0 on reducing balance
Depreciation is not provided on thè land element ol freehold property, valued at £100,000.
Stocks
Stocks are valued al the lower of c051 and nel iealisable value, after making due allowance for
obsolete and slow moving Items.
Taxation
The company is exempl from corporation lax on ils charitable aclivrties only.
Fund accounting
Unreslricled funds can be used in accordance with the charitable objectives at the discretion of the
Iruslees.
Restricted funds can only be used for particular restricted purposes within the objects of the charily
RestTiclions arise when specified by Ihe donor or when the funds are r31sed for particular restricted
purposes.
Further explanation of the nature and purpose of each fund is included in the noles lo the financial
stalemenls.
Page 15

Radstock Museum
Notes to the Accounts
for the year ended 31 March 2026
Hire purchase and leasing Commitments
Rentals paid under operating leases are chaiged lo the Slalemenl of Financial Activities on
slraighl line ba515 over the period of the lease.
Pensions
The company operates a defined ¢onlribulion pension scheme. Contributions are charged lo the
income and expenditure account as they become payable In accordance with the rules of the
5Gneme.
2 Inrome
Unrestricted
Restricted
Totsl
2026
Total
2025
Donations and legacies
Donations
5,829
5,829
93,094
Total donations and legacies
5.829
S.829
93,094
Income from charltable activities
Gran15
2,500
2,500
3.760
Total in¢ome from charitable activities
2,500
Other trading activities
Shop Incorne
Tea room income
Entrance fees
Journal publishing
Room hire
Talks service
Research incotne
5,629
4.092
15,968
1,201
125
2.345
108
5.629
4.092
15,968
1.201
125
2,345
108
5,571
4,700
17,211
1,150
121
1,953
34
Total other trading activities
29,468
29.468
30,740
Investment income
Deposit account interest
514
514
S14
514
Total Income
Page 16

Radstock Museurn
Notes to the Accounts
for the year ended 31 March 2026
3 Analysis of Expenditure
Unrestricted
Restricted
Total
2026
Total
2025
Other trading expenses
5,583
5,583
6.384
Charitable activrties
1,329
14.224
15,553
483
Man3gèmenl sUPPOrt costs
58,309
5,570
63.879
61,319
Governance costs
1.683
1.683
2,137
Total expènditure
66.904
19,794
86,698
70,323
2026
2025
4 Net lncomellExpenditU￿
Net incomellexpendilurel 15 51aled after charging..
Depreei81ion owned asse15
Independent examiner fees
Other trperaling leases
14.841
350
15.030
330
408
408
S Trusteès. Remuneration, benefits and &xpenses
There were no trusteès, remuneration or other benefits for the year ended 31 March 2026 nor lor
the year ended 31 March 2025
There were no trustees, expenses paid for the year ended 31 March 2026 nor lor thé year ended 31
March 2025.
Staff costs
2026
2025
Gross wages
Employers National Insuran
Pension contributions
16.704
24,600
310
24,964
The average monthly number ol employees during the year was as
follows..
Peimanenl
No employees received emoluments in excgss of £60,000.
The key management peisonnel of the Charity comprisè the General Manager and the trustees.
Total remuneration paid to key management personnel was £16,70412025 £24,600).
Page 17

Radstock Museum
Notes to the Accounts
for the year ended 31 March 2026
6 Tangible Fixed Assets
Freehold
property
Fixtures &
equipment
Fixtures &
iittings
Totals
Cost
Al 1 April 2025 and 31 March 2026
893,567
64.302
200 434
1,158,303
Depreclatlon
Al 1 April 2025
Charge lor the year
309,483
11,903
62,465
275
147.167
2.663
519,115
14,841
At 31 March 2026
321,386
62,740
149.830
533,958
Net Book Value
Al 31 March 2026
572.181
1,562
50,604
624.347
Al 31 March 2025
584.084
1,837
53,267
639,188
7 Fixad Asset Investments
Listed
Investments
Market Value
Al 1 April 2025
121,219
Revaluation
17,753
Al 31 March 2026
138.972
Fixed asset Inve51menls iepiesenl long lerrn funds held In Aègon managed by Oliver Financial
Planning, 98 Bay Tree Road, Bath, BAI 6NF
8 Debtors
2026
2025
Trade debtors
Othèr debtors
VAT
Prepayments and a￿rUed Income
571
426
41
20
4.937
312
5,246
5,424
Page 18

Radstock Museum
Notes to the Accounts
for the year ended 31 March 2026
9 Creditors.. amounts falling due within one year
Trade creditors
Social security and other taxes
AGGrued expenses
425
395
350
214
350
1.170
564
10 Operating Leas• Cornmitrnents
2026
2025
The following operating lease payments are committed to be paid
within one year..
Expiring".
Between one and five years
408
408
Page 19

Rad$to¢k Museum
Notes lo the Accounts
for the year ended 31 March 2026
11 Movement in funds
1st April Received in
2025
year
utilised in
year
Balance 31st March
transfers
2026
Unrestricled funds
Designated funds
IdJ¢ L LlStèd Uuildir,g ref
nnnn
60,000
General Fund
203.066
53,564
166.9051
1,250
190,976
263,066
53.564
166.9051
1,250
250,976
Re5triGted funds
Freehold land
Freèhold buildings
Fixtures and equiprllenl
Fixtures and fittings
100,000
484.077
158
42,770
100.000
472.174
78
40,530
111,9031
1801
12,2401
Wessex
Somer Valley
Friends of Radslock Museum
Wesffield Parish Council
ThalGher & Hallam
Mic#somer Norton town council
Big Local Fund - Night Silencing
CoQp
Radco
Radslock Town Council
arkei
Fisher
Swift
Hughes
AIM
266
337
573
327
803
360
221
2,469
1.725
950
4.850
9.850
3,790
3.724
12,0001
266
337
573
327
803
360
221
2.469
1.725
19501
4.850
4.780
3.790
3.224
200
15.0701
15001
2,500
13001
655,249
2,500
19.794
1.250
636,705
Page 20

Radstock Museum
Notes to the Accounts
for the year ended 31 March 2026
12 Reconciliation of net movement in funds to net cash flow from operating activities
2026
2025
Net Movement in funds
130,6341
66,075
Adjustments for".
Depreciation
Movements on investment
Interest received
IlncreasellDecrease in Stock
Iln¢reasellDe¢rease In debtors
IncreasellDecreasel in creditors
14,841
117.7521
15141
943
17061
605
15,030
18,8031
318
2,909
13,2371
Net Cash used in operating activities
33,2171
72,292
13 Related party disclosures
There were no related party transactions for the year ended 31st March 2026.
14 Analysis of Net Assets betsveen funds
Current financial year 2026
Unrestricted
Restricted
Total
Tangible Fixed Assets
11,565
612.782
624,347
Investments
138,972
138,972
Current Assets
101.609
23.923
125,532
Current Liabilrties
11,1701
11,1701
Total Net Assets
250,976
636,705
887,681
Prior Financial Year comparative 2025
Unrestrlcted
Restricted
Total
Tangible Fixed Assets
12,184
627.005
639.189
Investments
121,219
121,219
Current Assets
130.226
28,245
158,471
Current Liabilities
15641
15641
Total Net Assets
263 065
655,250
918,315
Page 21

Radstock Museum
Detailed Statement of Financial Activities
for the year ended 31 March 2026
2026
2025
Income and Endowments
Donations and legacie5
Donations
Gift aid
3.516
2,313
90,753
2,341
5.829
93,094
Other trading a¢tivities
Shop income
Tea loom income
Entrance fees
Journal publishing
Room hire
Talks service
Research income
5,629
4.092
15,968
1,201
125
2,345
108
5,571
4,700
17,211
1,150
121
1,953
34
29,468
30,740
Investment Income
Deposit account interest
514
514
Charitable activities
Grants received
AIM
Radslock Mu5eurn Society
Radslock Towr) Council
2,500
2,810
950
2.500
3,760
Toial incoming rèsourcès
38.311
127,594
This page does not form part of the slalulory financial slalemenls
Page 22

Radstock Museum
Detailed Statement of Financial Activities
for the year ended 31 March 2026
2026
2025
Expenditure
Other trading activities
Shop èxpenses
Tea room expenses
Journal publishing
2,620
2,143
820
3,278
2,391
715
5,583
6,384
Charilable activities
Conservation of artefacts
Lalld and buildings - depreciation
FixlLJres and equipment - d&pr2cialion
FixtLJres and fittings - depreciation
LossllProfill on sale of fixed assets
712
11,903
275
2,663
632
11,903
324
2,803
115,1791
483
Support costs
Management
Salaries and wages
Leased equipment
Water rates
Insuranee
Light and heal
16,704
408
383
5.4fj4
8,081
24,600
408
382
4,130
9,170
F li
Tèlephone and in12rnel
Post. printing and stationery
Advertising and marketing
Sundries
Rep8irs and Tnaintenance
Exhibition costs
Bank charges
Cleaning expense5
Pension costs
399
1,799
424
123
26.873
464
451
2.056
310
424
1,282
305
57
16,929
382
476
2,410
364
63.879
61,319
Governance costs
Investment management
Independent examination fées
Accountancy and legal fees
645
350
688
1,137
350
650
1.683
2,137
Total resources expènded
86,698
70,323
Net deficit
148,3871
57.271
This page does not form part of the slalulory financial slalemenls
Page 23