| Page | |
|---|---|
| Directors’ annual report (incorporating tho director’s roport) | I |
| Chartered certified accountants report to the board oftrustees | |
| on the preparation ofthe unaudited statutory financial | |
| statements | 4 |
| Statement offinancial activities (including income and | |
| expenditure account) | 5 |
| Statement offinancial position | 6 |
| Statement of cash flows | 8 |
| Notes to the financial statements | 9 |
| Thefollowing pages do notform part ofthe financial statements | |
| Detailed statement offinancial activities | 18 |
| Notes to the detailed statement offinancial activities | 20 |
| Year ended 31 August 2020 | |||||
|---|---|---|---|---|---|
| 2020 | 2019 | ||||
| Unrestricted | |||||
| funds | Total | funds | Total funds | ||
| Note | £ | £ | £ | ||
| Income and endowments | |||||
| Donations and legacies | 5 | 27968 | 27,968 | 6,226 | |
| Other trading activities | 6 | 5,250 | 5,250 | 3,695 | |
| Investment income | 7 | 41 | 41 | 54 | |
| Other income | 8 | 890 | 890 | 1501 | |
| Total income | 34,149 | 34,149 | 11,476 | ||
| Expenditure | |||||
| Expenditure on raising funds: | |||||
| Costs of raising donations and legacies | 9 | — | — | 213 | |
| Expenditure on charitable activities | 10,11 | 9,364 | 9,364 | 10,600 | |
| Total expenditure | 9,364 | 9,364 | 10,813 | ||
| Net income and net movement in funds | 24,785 | 24,785 | 663 | ||
| Reconciliation of funds | |||||
| Total funds brought forward | 31,090 | 31,090 | 30,427 | ||
| Total funds carried forward | 55,875 | 55,875 | 31,090 |
| Company Limited by Guarantee Statement of Financial Position 31 August 2020 |
||||
|---|---|---|---|---|
| 2020 | 2019 | |||
| Note | £ | £ | £ | |
| Fixed assets | ||||
| Tangible fixed assets | 14 | 1,411 | 2,474 | |
| Current assets | ||||
| Stocks | 15 | 135 | 135 | |
| Debtors | 16 | 1,050 | — | |
| Cash at bank and in hand | 55,790 | 31,207 | ||
| 56,975 | 31,342 | |||
| Creditors: amounts falling due within one year | 17 | 1,342 | 972 | |
| Net currentassets | 55,633 | 30370 | ||
| Total assets less current liabilities | 57,044 | 32,844 | ||
| Creditors: amounts falling due after more than | ||||
| one year | 18 | 1,169 | 1,754 | |
| Netassets | 55,875 | 31,090 | ||
| Funds ofthe charity | ||||
| Unrestricted funds | 55,875 | 31,090 | ||
| Total charityfunds | 21 | 55,875 | 31,090 |
| Denbigh Museum!Amgueddfa Dinbych Company Limited by Guarantee Statement of Cash Flows Year ended 31 August 2020 |
||
|---|---|---|
| 2020 | 2019 | |
| £ | £ | |
| Cash flowsfrom operating activities Net income |
24,785 | 663 |
| Adjustments for | ||
| Depreciation oftangible fixed assets | 1,063 | 1361 |
| Government grant income | (585) | (585) |
| Other interest receivable and similar income | (41) | (54) |
| Accrued expenses | 370 | 54 |
| Changes in: | ||
| Trade and other debtors | (1,050) | — |
| Cash generated from operations | 24,542 | 1,439 |
| Interest received | 41 | 54 |
| Net cash from operating activities | 24,583 | 1,493 |
| Cash flows from investing activities | ||
| Purchase oftangible assets | — | (2,549) |
| Net cash used in investing activities | (2,549) | |
| Cash flows from financing activities | ||
| Government grant income | 2,339 | |
| Net cash from financing activities | 2,339 | |
| Net increase in cash and cash equivalents | 24,583 | 1,283 |
| Cash and cash equivalents at beginning ofyear | 31,207 | 29,924 |
| Cash and cash equivalents at end ofyear | 55,790 | 31,207 |
| Donations and legacies | ||||
|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | |
| Funds | 2020 | Funds | 2019 | |
| £ | £ | £ | £ | |
| Donations | ||||
| General donations | 1,183 | 1,183 | 3,358 | 3,358 |
| Donations and le | gacies (continued) | ||||
|---|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds | 2020 | Funds | 2019 | ||
| £ | £ | £ | £ | ||
| Grants | |||||
| Denbigh Town Council Grant Mid Fest Grant |
1200 | 1,200 | 100 | 100 | |
| Gr~p Cynefin Grant | — | 2000 | 2,000 | ||
| Freeman Evans Grant | — | 183 | 183 | ||
| Denbighshire C C | - Business Rate | ||||
| Grant | 25,000 | 25,000 | |||
| Government grant | income | 585 | 585 | 585 | 585 |
| 27,968 | 27,968 | 6,226 | 6,226 |
| Othertrading activities | ||||
|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | |
| Funds | 2020 | Funds | 2019 | |
| £ | £ | £ | £ | |
| Fundraising events | 81 | 81 | ||
| Sales of DVDs and books | 464 | 464 | ||
| Car parking fees | 5,250 | 5,250 | 3150 | 3,150 |
| 5250 | 5,250 | 3,695 | 3,695 | |
| Investment income | ||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | |
| Funds | 2020 | Funds | 2019 | |
| £ | £ | £ | £ | |
| Bank interest receivable | 41 | 41 | 54 | 54 |
| Other income | ||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | |
| Funds | 2020 | Funds | 2019 | |
| £ | £ | £ | £ | |
| Room hire & subsistence | 890 | 890 | 1,501 | 1,501 |
| Costs ofraising donations and legacies | ||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | |
| Funds | 2020 | Funds | 2019 | |
| £ | £ | £ | £ | |
| DVD5 for resale | — | 108 | 108 | |
| Cards & Books for resale | — | 105 | 105 | |
| 213 | 213 |
| Unrestricted | Total Funds | Unrestricted | Unrestricted | Total Funds | Total Funds | ||
|---|---|---|---|---|---|---|---|
| Funds | 2020 | Funds | 2019 | ||||
| £ | £ | £ | £ | ||||
| Support costs | 9,364 | 9,364 | 10600 | 10,600 | |||
| 11. | Expenditure on charitable activities by activitytype | ||||||
| Total funds | Total fund | ||||||
| Support costs £ |
2020 £ |
2019 £ |
|||||
| Governance costs | 9,364 | 9,364 | 10,600 | ||||
| 12. | Net income | ||||||
| Net income is stated after charging/(creditlng): | |||||||
| 2020 | 2019 | ||||||
| £ | £ | ||||||
| Depreciation oftangible fixed assets | 1,063 | 1,361 | |||||
| 13. | Trustee remuneration and expenses | ||||||
| No remuneration or other benefits from employment with the charity | or a related | entity were | |||||
| received by the trustees. |
| 14. | received by the trustees. Tangible fixed assets |
|||
|---|---|---|---|---|
| Fixtures and | ||||
| fittings £ |
Equipment £ |
Total £ |
||
| Cost | ||||
| At 1 September 2019 and 31 August 2020 | 2,045 | 3,929 | 5,974 | |
| Depreciation | ||||
| At 1 September2019 | 1,823 | 1,677 | 3,500 | |
| Chargefortheyear | 111 | 952 | 1,063 | |
| At31 August2020 | 1,934 | 2,629 | 4,563 | |
| Carrying amount | ||||
| At31 August2020 | 111 | 1,300 | 1,411 | |
| At31 August2019 | 222 | 2,252 | 2,474 | |
| 15. | Stocks | |||
| 2020 | 2019 | |||
| £ | £ | |||
| Raw materials and consumables | 135 | 135 |
| 16. | Debtors | ||
|---|---|---|---|
| 2020 | 2019 | ||
| £ | £ | ||
| Trade debtors | 1,050 | ||
| 17. | Creditors: amounts falling duewithin one year | ||
| 2020 | 2019 | ||
| £ | £ | ||
| Accruals and deferred income | 1,342 | 972 | |
| 18. | Creditors: amounts falling due after more than one year | ||
| 2020 | 2019 | ||
| £ | £ | ||
| Accruals and deferred income | 1,169 | 1754 | |
| 19. | Deferred income | ||
| 2020 | 2019 | ||
| £ | £ | ||
| At 1 September2019 | 1,754 | ||
| Amount released to income | (585) | (585) | |
| Amount deferred in year | — | 2,339 | |
| At31 August2020 | 1,169 | 1,754 | |
| 20. | Government grants | ||
| The amounts recognised in the financial statements for government grants are as follows: | |||
| 2020 | 2019 | ||
| £ | £ | ||
| Recognised in creditors: | |||
| Deferred government grants due after more than one year | 1,169 | 1,754 | |
| Recognised in income from donations and legacies: | |||
| Government grants income | 585 | 585 |
| 21. | Analysis ofcharitable funds Unrestricted funds |
||||
|---|---|---|---|---|---|
| At | At | ||||
| 1 September | 31 August20 | ||||
| 2019 | Income | Expenditure | 20 | ||
| £ | £ | £ | £ | ||
| General funds | 31090 | 34149 | (9364) | 55,875 | |
| At | At | ||||
| 1 September | 31 August20 | ||||
| 2018 | Income | Expenditure | 19 | ||
| £ | £ | £ | £ | ||
| General funds | 30427 | 11,476 | (10,813) | 31,090 | |
| 22. | Analysis of net assets between funds | ||||
| Unrestricted | Total Funds | ||||
| Funds | 2020 | ||||
| £ | £ | ||||
| Tangible fixed assets | 1,411 | 1,411 | |||
| Current assets | 56,975 | 56,975 | |||
| Creditors less than 1 year | (1,342) | (1,342) | |||
| Creditors greater than 1 year | (1,169) | (1,169) | |||
| Net assets | 55,875 | 55,875 | |||
| Unrestricted | Total Funds | ||||
| Funds | 2019 | ||||
| £ | £ | ||||
| Tangible fixed assets | 2,474 | 2,474 | |||
| Currentassets | 31,342 | 31,342 | |||
| Creditors less than 1 year | (972) | (972) | |||
| Creditors greater than 1 year | (1,754) | (1,754) | |||
| Netassets | 31,090 | 31,090 | |||
| 23. | Analysis of changes in net debt | ||||
| At | |||||
| At 1 Sep 2019 | Cash flows | 31 Aug 2020 | |||
| £ | £ | £ | |||
| Cash at bank and in hand | 31,207 | 24,583 | 55,790 | ||
| 24. | Related parties |
| Denbigh MuseumlAmgueddfa Dinbych Company Limited by Guarantee Detailed Statementof Financial Activities Yearended 31 August 2020 |
||
|---|---|---|
| 2020 | 2019 | |
| £ | £ | |
| Income and endowments | ||
| Donations and legacies | ||
| General donations | 1,183 | 3358 |
| Denbigh Town Council Grant | 1,200 | — |
| Mid Pest Grant | 100 | |
| Gr~vp Cynefin Grant | 2000 | |
| Freeman Evans Grant | — | 183 |
| Denbighshire C C - Business Rate Grant | 25,000 | — |
| Government grant income | 585 | 585 |
| 27,968 | 6,226 | |
| Othertrading activities | ||
| Fundraising events | 81 | |
| Sales of DVD5 and books | 464 | |
| Car parking fees | 5,250 | 3,150 |
| 5,250 | 3,695 | |
| Investment income | ||
| Bank interest receivable | 41 | 54 |
| Other income | ||
| Room hire & subsistence | 890 | 1,501 |
| Total income | 34,149 | 11,476 |
| Yearended 31 August 2020 | ||
|---|---|---|
| 2020 | 2019 | |
| £ | £ | |
| Expenditure | ||
| costs ofraising donations and legacies | ||
| Opening stock | 135 | 135 |
| Purchases | — | 213 |
| Closing stock | 135 | 135 |
| 213 | ||
| Expenditure on charitable activities | ||
| Rates and water | 521 | 661 |
| Light and heat | 2,972 | 3097 |
| Repairs and maintenance | 1,852 | 1765 |
| Insurance | 1,593 | 1544 |
| Other establishment expenses | — | 567 |
| Legal and professional fees | 816 | 768 |
| Telephone | 538 | 458 |
| Other office costs | 9 | 379 |
| Depreciation | 1,063 | 1,361 |
| 9,364 | 10,600 | |
| Total expenditure | 9,364 | 10,813 |
| Net income | 24,785 | 663 |