COMPANY REGISTRATION NUMBER: 08179609 CHARITY REGISTRATION NUMBER: 1152905 Denbigh MuseumlAmgueddfa Dinbych Company Limited by Guarantee Unaudited Financial Statements 31 August 2025 S & GRAHAM ACCOUNTANTS LTD Chartered Certified Accountants 6 Hall Square DENBIGH Denbighshire LL16 3NU
Denbigh MuseumlAmgueddfa Dinbych Company Limited by Guarantee Financial Statements Year ended 31 August 2025 Page Directors, annual report (incorporating the director's report) Chartered certified accountants report to the board of trustees on the preparation of the unaudited statutory financial statements Statement of financial activities (including income and expenditure account} statement of financial position Statement of cash flows Notes to the financial statements 10 The following pages do not form part of the financial ststements Detailed statement of financial activities 20 Notes to the detailed statement of financial activities 22
Denbigh MuseumlAmgueddfa Dinbych Company Limited by Guarantee Directors, Annual Report Ilncorporating the Director's Report) Year ended 31 August 2025 The directors, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 August 2025. Reference and administrative details Registered charity name Denbigh MuseumlAmgueddfa Dinbych Charity rogistration number 11 $2905 Company registration number 08179609 Principal office and registered Church House office High Street Sl Asaph Denbighshire LL17 ORD The dlrectors Ms S K W Grey-Lloyd Mrs V Jones Mr R Snelson Mr M Ff Williams Mr A. Gray Mr C Wynne Mr D Davies Mrs C. Harries Mr M Jones Mr G Jones Mr P Williams Mls M Jones IAppoinled 1 May 20251 Company secretary Owain Llyr Williams Accountants Jones & Graham Accountants Ltd Chartered Certified Accountants 6 Hall Square DENBIGH Denbighshire LL16 3NU Structure* govgmance and management Denbigh MuseumlAmgueddfa Dinbych is a company limited by guarantee with charitable slalus. The day lo day management of the organisation is undertaken by a management committee which mel for the first time on 12th March 2014. The management committee meets every 6 weeks and reports lo the Board of Trustees who are also Directors of the company. The directors are elected al the AGM every year by members of Denbigh MuseumlAmgueddfa Dinbych lo operate on IheiT behalf in accordance with the constitution
Denbigh MuseumlAmgueddfa Dinbych Company Limited by Guarantee Directors, Annual Report {Incorporating the Director's Report) (continuedl Year ended 31 August 2025 Objectives and activities The objects of the Charity are specifically restricted to the following.. 1110 establish and maintain a strictly accredited museum for the benefit of the public 21 lo promote art and history for the benefit of the public by the establishment and maintenance of a museum 3110 advance education by the establishment and maintenance of a museum 41 lo have power lo hold andlor own colSeclions. We have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our aims and objeelives and in planning our future activities. Achievements and perfonnance This has been a year of many changes for the museum most important being that we have finally moved lo our new premises al the Bullermarket. Unfortunately, due to the delay we have not been able to put on any of our usual displays and exhibitions. The focus has been on successfully getting 8 grant lo sel up our new exhibition from the Heritage lollery fund and ensuring we are financially viable in order to pay our running costs. We also received funding from the Clocaenog Windfam lo purchase new shelving for our collection's storage room along with a grant from DVSC for other essential equipment. We thank Grwp Cynefin for their continued support in helping us achieve our goals,
Denbigh MuseumlAmgueddfa Dinbych Company Limited by Guarantse Directors, Annual Report (Incorporating the Director's Report) (¢ontintsed) Year ended 31 August 2025 Financial review Our finances remain stable and we are working lo look for new ways to raise funds lo meet our costs and maintain our existence following our move to new premises. We sel up a fundraising group this year lo plan events and raise revenue to cover costs. We have held coffee mornings, strawberry tea afternoon al Gwaenynog, film night, car bool and tabletop sale, elc which were well supported by the public and members which we thank The lottery has continued to grow in membership following a largel sel and we reached hundred. This goes a long way to covering our overheads and we are aiming to attract more members by the end of the next financial year. We would like lo thank all our sponsors this last year who donated the cost of publishing our quarterly newsletters. We also thank those who provided grants namely Freeman Evans Trust to purchase a hearing loop system for talks and presentations etc, Clocaenog Windfarm to purchase a shelving system for collections storage and DVSC key fund for supporting running costs, blinds for windows, marketing and promotional work, display boards. Plans for future perlods We have set up groups working successfully on new policies. marketing and fund-raising and we are looking forward to selling up projects and workshops with schools, young people and others during the next year. We are also restarting our monthly programme of talks in September 2025 with the added afternoon talks each month for those unable lo make evening talks. We have also increased the number of volunteers during the year and have had many expressions of interest in being involved in the work of the museum. This next year will be very busy and exciting. Small Company provi$ions This report has been prepared in accordance with the provisions applicable lo companies entitled lo the small companies exemption.
Denbigh MuseumlAmgueddfa Dinbych Company Limitsd by Guarantee Directors. Annual Report Ilncorporating the Director's Report) (tonllnued) Year ended 31 August 2025 The directors, annual report was approved on i+. n e4 IL Iruslees by.. 20.1 and signed on behalf of the board of Mr C Wynne Director
Denbigh MuseumlAmgueddfa Dinbych Company Limited by Guarantee Chartered Certified Accountants Report to the Board of Trustees on the Preparation of the Unaudited Statutory Financial Statements of Denbigh MuseumlAmgueddfa Dinbych Year ended 31 August 2025 As described on the statement of financial position, the directors of the charity are responsible for the preparation of the financial slalemenls for the year ended 31 Augus12025, which comprise the statement of financial activities lincluding income and expenditure accounll, ststement of financial position, statement of cash flows and the related notes. You consider that the charity is exempl from an audit under the Companies Act 2006. In accordance with your instructions we have compiled these financial statements in order lo assist you lo fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us. JONES & GRAHAM ACCOUNTANTS LTD Chartered Certified Accountants 6 Hall Square DENBIGH Denbighshire LL16 3NU
Denbigh MuseumlAmgueddfa Dinbych Company Limited by Guarantee Statement of Financbal Activities (including income and expenditure account) Year ended 31 August 2025 2025 Restricted funds Total funds Total funds 2024 Unrestricted funds Not• Income and endowments Donations and legacies Charitable activities Other trading activities Investment income Other income 3,397 2,498 13,192 1,416 1,076 4,093 7,490 2,498 13.192 1.416 1.076 4,461 12,264 1,422 2,181 Total income 21,579 4.093 25,672 20,328 Expenditure ExpenditLJre on raising funds.. Costs of raising donations and legacies Expenditure on charitable activities Total expendlture 10 11,12 317 19,658 19,975 317 23,751 24,068 124 14,606 14,730 4,093 4,093 Net Income and net movement In funds 1,604 1,604 5,598 Reconciliation of funds Totsl funds brought forward Total funds carrled forward 79,982 81,586 79,982 81,586 74,384 79,982 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. The notes on pag•s 10 to 18 forrn part of these financial statèmènts.
Denbigh MuseumlAmgueddfa Dinbych Company Limited by Guarantee Statement of Financial Position 31 August 2025 2025 2024 Notè Fixed assets Tangible fixed assets 15 16,455 220 Current assgts Stocks Debtors Cash at bank and in hand 16 17 519 776 102,435 836 1,635 78,384 103.730 80,855 Creditors: amounts falllng due wlthln one year Net current assets 18 22.229 1,093 81.501 79,762 Total assets less current liabilities 97,956 79,982 Creditors: amounts falllng due after more than one year 19 16.370 Not assets 81.586 79,982 Funds of the charity Unreslricled funds 81.586 79,982 Total charfty funds 21 81,586 79,982 For the year ending 31 August 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating lo small companies. Directors. responsibilities.. The members have not required the company lo obtain an audit of ils financial statements for the year in question in accordance with section 476., The directors acknowledge their responsibilities foi complying with the requirements of the Act with respect lo accounting records and the preparation of financial stalemenls. These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies, regime. The statement of financial position continues on the following page. The notes on pages 10 to 18 forni part of these financial statements.
Denbigh MuseumlAmgueddfa Dinbych Company Limited by Guarantee Ststsment of Financial Position icontlnued) 31 August 2025 These financi I statements were approved by the board of trustees and authorised for issue on and are signed on behalf of the board by.. Mr C Wynne Director MrMJon Director Th• notes on pages 10 to 18 form part of these flnanelal statèmènts.
Denbigh MuseumlAmgueddfa Dinbych Company Limited by Guarantee Statement of Cash Flows Year ended 31 August 2025 2025 2024 Note 23 Cash generated from operations 39.106 2,756 Interest paid Interest received 11021 1.416 184) 1,422 Nel cash from operating activities 40,420 4,094 Cash flows from Investlng actlvltles Purchase of tangible assets Nel cash used in investing activities 120.4621 120,462} Cash flov from financing activities Government grant income Net cash from financing activities 4.093 4,093 Net Increase in cash and cash equivalents Cash and cash equivalents at beginning of year Cash and cash equivalents at end of year 24,051 78,384 102,435 4,094 74,290 78,384 The notes on pages 10 to 18 form part of thes• flnanelal stst•mènts.
Denbigh MuseumlAmgueddfa Dinbych Company Limited by Guarantee Notes to the Financial Statements Year ended 31 August 2025 General infomiation The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Vvales. The address of the registered office is Church House. High Street, Sl Asaph, Denbighshire, LL17 ORD. ststement of compliance These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland,, the Slalement of Recommended Practice applicable lo charities Preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (Charities SORP IFRS 10211 and the Companies Act 2006. Accounting policies Basis of preparation The financial statements have been prepared on the historical cost basi5, as modified by the revaluation of certain financial assets and liabilities and Investment properties measured at fair value through income or expenditure. The financial statements are prepared in sterling, which is the functional currency of the entity. Going ¢on¢ern There are no material uncertainties about the charity's ability to continue. Judgements and key Sources of estimation uncertainty The preparation of the financial statements may require management lo make judgements, estimates and assumptions that affect the amounts reported. These eslimales and judgements are continually reviewed and 2re based on experienTr and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Fund accounting Unrestricted funds are available for use at the discretion of the trustees lo further any of the charity's purposes. Designated funds are unrestricted funds earmarked by the directors for particular future project or commitment. Reslricled funds are subjected lo restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of sub-classes.. reslricled income funds or endowment funds. 10-
Denbigh MuseumlAmgueddfa Dinbych Company Limited by Guarantee Notss to the Financial Statements (contlnued) Year ended 31 August 2025 Accounting policies (¢ontinued) Incoming resources All incoming reSoUrS are included in the statement of fi'nancial activities when enlitlemenl has passed to the charity,. il Is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income.. income from donations or grants is recognised when there is evidence of entitlement lo the gift, receipt is probable and Ils amount can be measured reliably. legacy income is recognised when receipt is probable and entillemenl is established. income from donated goods is measured al the fair value of the goods unless this is impractical to Tneasure reliably, in which case the value is derived from the cost lo the donor or the eslimaled resale value. Donated facilities and services are recognised in the accounts when reTrived if the value can be reliably measured No amounts are included for the contribution of general volunteers. income from contracts for the supply of services 1$ recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for il to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted. Resources gxpended Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fLJlly recovered, and is classified under headings of the statement of financial activities to which it relates". expenditure on raising funds includes the costs of all fundraising activities, events, non- charitable trading a¢livilies, and the sale of donated goods. expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further ils charitable aims for the benefit of ils beneficiaries, including those support costs and costs relating lo the governance of the charity apportioned to charitable activities. other expenditure includes all expenditure that is neither related lo raising funds for the charity nor part of its expenditure on charitable activities. All costs are allocated lo expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that aclivily. Shared costs are apportioned between the activities they contribute to on a re2gonable, justifiable and consistent basis. Tangible assets All fixed assets are initially recorded at cost. 11
Denbigh MuseumlAmgueddfa Dinbych Company Limited by Guarantee Notes to the Financial Statements (corjtinued) Year ended 31 August 2025 Accounting policies (conllnued) Depreciatlon Depreciation is Calculated so as to write off the cost or valuation of an asset. less its residual value, over the useful economic life of that asset as follows.. Fixtures & fi'ttings Equipment 200/0 Straight line 250A straight line Impairment of fixed assets A review for indicators of impairment is carried out al each reporting dale, with the recoverable amount being estimated where such indicators exist. Where the Carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. Stocks Stocks are measured al the lower of cost and estimated selling pri less costs lo complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to ils present location and condition. Government grants Government grants are recognised al the fair value of the asset received or receivable. Grants are not recognised until there is reasonable assurance that the charity will comply with the conditions attaching to them and the grants will be received. Where the grant does not impose specified future performance-related conditions on the recipient, 1 is recognised in income when the grant proceeds are received or reTrivable. Where the grant does impose specified future performance-relaled conditions on the recipient, it is recognised in income only when the performance-related conditions have been met. Where grants reiVed are prior lo satisfying the revenue recognition criteria, they are recognised as a Financial instruments A financial asset or a financial liability is recognised only when the charity becomes a party to the conlraclual provisions of the inslrumenl. Basic financial instruments are initially recognised al the amount receivable or payable including any related transaction costs. Current assets and current liabilities are subsequently measured al the cash or other consideration expected lo be paid or received and not discounted. Debt instruments are subsequently measured al amortised cost. 12-
Denbigh MuseumlAmgueddfa Dinbych Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31 August 2025 Accounting policies (continued) Financial instruments (¢ontlnuedJ Where investments in shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured al osl less impairment. Other financial instruments, including derivatives. are initially recognised al fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rale of interest that is not a market rate, in which case the asset is measured al the present value of the future payments discounted al a market rate of interest for a similar debt inslrumenl. Other financial instruments are subsequently measured at fair value, wlh any changes recognised in the statement of financial aclivilies, with the exception of hedging instruments in a designated hedging relationship. Financial assets that are measured al cost or amortised cost are reviewed for objective evidence of impairment al the end of each reporting dale. If there is objective eviden of Impairrnent, an impaimenl loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised. For all equity instruments regardless of Signifi'can, and other financial assets that are individually signifi'cant. these are assessed individually for impairment. Other financial assets are either assessed individually OT grouped on the basis of similar credit risk characlerislics. Any reversals of impairment are recognised immediately, lo the exlenl that the reversal does not result in a carrying amount of the financial asset that exceeds what the carying amount would have been had the impairment not previously been recognised. Limited by guarantee Denbigh MuseumlAmgueddfa Dinbych is a registered charity, being a company limited by guarantee. The number of Trustees as at 3110812025 was 12. Warranty liability restricted to £1 per trustee Donations andlogacios Unrestricted Funds Restricted Total Funds Funds 2025 Donations General donations Donation from Historic Society 3.397 3.397 Grants Donations released lo Income statement 4.093 4.093 3,397 4,093 7,490 13
Denbigh MuseumlAmgueddfa Dinbych Company Limited by Guarantee Notes to the Financial Statements i¢orJtirJued) Year ended 31 August 2025 Donations and legacies (continu8dJ Unrestricted Funds Reslricled Total Funds Funds 2024 Donations General donations Donation from Historic Society 1,031 3,430 1,031 3,430 Grants Donations released lo income statement 4,461 4,461 Charltable actlvltles Unreslricled Total Funds Unreslricled Total Funds Funds 2025 Funds 2024 Sale of goodslservi¢e$ as part of direct charitable activities 2,498 2,498 Other trading activities Unrestricted Total Funds Unreslricled Total Funds Funds 2025 Funds 2024 Sales of DVDS and books Social lolleries other income 119 11,035 2,038 119 11,035 2,038 430 9,705 2,129 430 9,705 2,129 13,192 13,192 12,264 12,264 Investment in¢om& Unrestricted Total Funds Unreslricled Total Funds Funds 2025 Funds 2024 Bank interest receivable 1,416 1.416 1,422 1,422 Other income Unreslricled Total Funds Unreslricled Total Funds Funds 2025 Funds 2024 Room hire & subsistan HMRC Gift Aid 300 776 300 776 188 1,993 188 1,993 1,076 1,076 2,181 2,181 14-
Denbigh MuseumlAmgueddfa Dinbych Company Limited by Guarantee Notes to the Financial Statements (conlAnLted) Year ended 31 August 2025 10. Costs of raising donations andlggacies Unreslricled Total Funds Unrestricted Total Funds Funds 2025 Funds 2024 DVDS for resale 317 317 124 124 11. Expenditure on charitable activities by fund type Unrestricted Funds Restricted Total Funds Funds 2025 Support costs 19,658 4.093 23,751 Unreslricled Funds Restricted Total Funds Funds 2024 Support costs 14,606 14,606 12. Expendlture on charltable actlvltles by a¢tivity type Total funds 2025 Total fund 2024 Support costs Governance costs 23,751 23,751 14.606 13. Net income Nel income is stated after chargingllcredilingl". 2025 2024 Depreciation of tangible fixed assets 4,227 134 14. Trustee r¢mun8ration and expenses No remuneration or other benefits from employment with the charity or a related entity were received by the Iruslees. 15-
Denbigh MuseumlAmgueddfa Dinbych Company Limited by Guarantee Notes to the Financial Statements (contlnued? Year ended 31 August 2025 15. Tanglble flxed assets Fixtures and fittings Equipment Total Cost At 1 September 2024 Additions 2,471 20,462 4,125 6,596 20,462 27,058 At 31 August 2025 Dgpreciation Al 1 September 2024 Charge for the year At 31 August 2025 Carrying amount At 31 August 2025 Al 31 August 2024 22,933 4,125 2,300 4,178 4,076 49 6,376 4,227 10,603 6,478 4,125 16,455 16,455 220 171 49 16. Stocks 2025 2024 Raw materials and consumables 519 836 17. Debtors 2025 2024 Prepayments and accrued income Other debtors 1,635 776 776 1,635 18. Creditors: amounts falling dug Within one ygar 2025 2024 Trade creditors Accruals and deferred income 10,761 11,468 22,229 1,093 1,093 19. Creditors: amounts falling due after more than one year 2025 2024 Accruals and deferred income 16,370 16-
Denbigh MuseumlAmgueddfa Dinbych Company Limited by Guarantee Notes to the Financial Statements (conllnu8d) Year ended 31 August 2025 20. Deferred income 2025 2024 Amount released lo income Amount deferred in year At 31 August 2025 {4,0931 30,857 26,764 21. Analysis of charitable funds Unrestricted funds At 1 September 2024 At 31 August 20 25 Income Expenditure General funds 79,982 21,579 119,9751 81,586 At 1 Septernber 2023 At 31 August 20 24 Income Expenditure General funds 74,384 20,328 114,7301 79,982 Restricted funds At 1 September 2024 At 31 August 20 25 Income Expenditure Restrscted Funds 4,093 14,0931 Al 1 September 2023 At 31 August 20 24 Income Expenditure Restricted Funds 17-
Denbigh MuseumlAmgueddfa Dinbych Company Limited by Guarantee Notes to the Financial Ststements (continued) Year ended 31 August 2025 22. Analysis of net assets between funds Unrestricted Funds Restricted Total Funds Funds 2025 Tangible fixed assets Current assets Creditors less than 1 year Creditors greater than 1 year Net assets 85 103,730 122,2291 16,370 16,455 103,730 122,229} 116,370} 81,586 116,3701 81,586 Unrestricted Funds Reslricled Total Funds Funds 2024 Tangible fixed assets Current assets Creditors less than 1 year Creditors greater than 1 year Net assets 220 80,855 11,0931 220 80,855 11,0931 79,982 79,982 23. Cash generated from operations 2025 2024 Nel income 1.604 5.598 Adjustments for.. Depreciation of tangible fixed assets Government grant income Other interest receivable and similar income Interest payable and similar charges Accrued income 4,227 14,0931 11,4161 102 191 134 11,4221 84 1471 Chang8s in.. stocks Trade and other debtors Trade and other creditors 317 859 37,525 44 11,6351 39,106 2,756 24. Analysls of changes In net debt At At 1 Sep 2024 Cash flows 31 Aug 2025 Cash at bank and in hand 78,384 24,051 102,435 25. Related parties No transactions with related parties were undertaken such as are required lo be disclosed under Financial Fleporting Standard 8. 18
Denbigh MuseumlAmgueddfa Dinbych Company Limited by Guarantee Management Information Year ended 31 August 2025 The followlng pages do not form part of the financial statements. 19-
Denbigh MuseumlAmgueddfa Dinbych Company Limited by Guarantee Detsiled Statement of Financial Activities Year ended 31 August 2025 2025 2024 In¢omo and endowrnents Donations and legacies General donations Donation from Historic Society Donations released lo income statement 3,397 1,031 3.430 4,093 7,490 4,461 Charitable activities Sale of goodslservices as part of direct charitable activities 2,498 Other tradlng actlvlties Sales of DVDS and books Social lotteries Other income 119 11.035 2,038 430 9,705 2,129 13,192 12.264 Investment income Bank interest receivable 1,416 1,422 other income Room hire & subsislance HMRC Gift Aid 300 776 188 1,993 1,076 2,181 Total Income 25,672 20,328 20-
Denbigh MuseumlAmgueddfa Dinbych Company Limited by Guarantee Detailed Statement of Financial Activities {contlnued) Year ended 31 August 2025 2025 2024 Expgnditure Costs of raising donations and legacies Opening stock Purchases Closing stock 836 880 80 836 519 317 124 Expendlture on charltable aetivities Rent Rates and water Light and heat Repairs and maintenance Insurance Other eslablishmenl Legal and prOfeSsonal fees Telephone Other office costs Depreciation Impairment Other interest payable and similar charges Room hire 4.235 502 3,101 1,920 1,907 801 1,231 271 348 4,226 4,965 102 142 576 4,638 965 1,049 466 936 581 329 134 4,848 84 23,751 14,606 Total gxpenditure 24,068 14,730 Net income 1,604 5,598 21
Denbigh MuseumlAmgueddfa Dinbych Company Limited by Guarantee Notes to the Detailed Statement of Financial Activities Year ended 31 August 2025 2025 2024 Costs of ralslng donations and legacies DVDS for resale Opening stock Purchases of bookslCDs Closing stock 836 880 80 18361 124 15191 317 Costs of raising donations and legacies 317 124 Expendlture on charltable activities Governance costs Rent Rates and water Light & heat Repairs and maintenance Insurance Stationery, postage & printing Accountancy fees Telephone & internet Membership fees, subscriptions, licences & sundries Depreciation Lottery & Raffle Prizes Bank charges Room hire 4.235 502 3.101 1.920 1.907 801 1.231 271 348 4,226 4,965 102 142 576 4,638 965 1.049 466 936 581 329 134 4,848 84 23,751 14,606 Expenditure on charltable activitie$ 23,751 14,606 -22-