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2021-03-31-accounts

Page
Reference and Administrative
Details ofthe Charity,
its Trustees and Advisers
Trustees' Report 2-9
Independent
Examiner's
Report 10- 11
Statement
of Financial
Activities 12
Balance Sheet 13
Notes to the Financial Statements 14-28
Trustees Professor Simon Howell, Professor Simon Howell, Chairman Chairman
Professor Brian Hurwitz
Dr Richard Wingate
Jenny Holme, Honorary Treasurer
Carin Baur
Lauren Rhodes
Charlotte
Rothschild
Fischer
Laura Crean
Bethan Knights
Gregory Shannon
Charity registered CIO 1155078
number
Principal office The Old Operating Theatre and Herb Garret
St Thomas's
Church
9a StThomas Street
London
SEI 9RY
Museum Director Sarah Corn
Accountants RPG CROUCH CHAPMAN LLP
5"Floor, 14-16Dowgate Hill
London
EC4R 2SU
Independent Examiner Jeremy
Tyrrell
BA (Hons)
FCA
RPG Crouch Chapman LLP
5'"Floor, 14-16Dowgate Hill
London
EC4R 2SU

Designated Restricted General Total Total
funds funds funds funds funds
2021 2021 2021 2021 2020
Note R R R
Income from:
Donations and 136,991 23,955 160,946 4,978
legacies
Charitable 23,486 23,486 329,854
activities
186 186 959
Investments
Total income and
endowments 136991 47 627 184618 335791
Expenditure
on:
Charitable 2,067 134,553 127,758 264,378 327,009
activities
Total expenditure 2067 134553 127758 264 378 327009
Net movement in
funds
Reconciliation of
funds:
Total funds brought 242,752 174,612 417,364 408,582
forward
Net movement in (2,067) 2,438 (80,131) (79,760) 8,782
funds
Total funds carried
forward

AS AT 31 MARCH 2 02 1
2021 2020
Note f.
Fixed assets
Tangible assets 12 244,662 248,055
244,662 248,055
Current assets
Stocks 13 8,110 2,277
Debtors 14 6,050 10,308
Cash at bank and in hand 98,617 185,132
112,777 197,717
Creditors: amounts falling due within
one year 15 (16,235) (21,208)
Net current assets 96,542 176,509
Total assets less current liabilities 341,204 424,564
Creditors: amounts falling due after
more than one year 16 (3,600) (7,200)
Total net assets
Charity funds
Designated
funds
17 240,685 242,752
Restricted
funds
17 2,438
General funds 17 94,481 174,612
Total funds

Restricted General Total
funds funds funds
2021 2021 2021
Donations 2,661 2,661
Grants —Projects 94,445 94,445
COVID Closure Grants 21,294 21,294
HMRC Job Retention Scheme 42,546 42,546
General Total
funds funds
2020 2020
f.
Donations 728 728
Grants 4,250 4,250

Museum income
Museum income
General Total
funds funds
2021 2021
f.
General Total
funds funds
2020 2020
E

General Total
funds funds
2021 2021
f.
General Total
funds funds
2020 2020
f.

Designated Restricted General Total
funds funds funds funds
2021 2021 2021 2021
R K
Direct Costs 134,553 117,165 251,718
Support Costs 2,067 10,593 12.660
Designated General Total
funds funds funds
2020 2020 2020
f,
Direct Costs 307,396 307,396
Support Costs 2,067 17,546 19,613
8. Direct Costs
Restricted General Total
funds funds funds
2021 2021 2021
f. f.
Museum
Runnin
Costs
Bad debts
Building Maintenance
Costs
9,885 9,885
Collection Management Costs 550 550
Computer
and Internet Costs
5,257 5,257
Consultancy 2,317 2,317
Customer
refunds
due to Covid-related
cancellations
Education
Expenses
Event Costs 321 321
Marketing 3,379 3,379
Office Costs 4,022 4,022
Project Costs (restricted) 38,079 38,079
Rent, Council Tax and Service Charge 12433 12,433
Shop Stock and Sundries 4,297 4,297
Staff Costs 99,890 75,891 175,781
Stock adjustment for closing stock (3,416) (2,417) (5,833)
Subscriptions 213 213
Travel and Expenses 776 776
Utilities 241 241
~iJJE
General Total
funds funds
2020 2020
F.
Museum
Runnin
Costs
Bad debts 1,056 1,056
Building Maintenance Costs 9,944 9,944
Collection Management and Care 1,467 1,467
Computer
and Internet
Costs 6,930 6,930
Consultancy 12,797 12,797
Customer
refunds due
to Covid-related cancellations 1,960 1,960
Education
Expenses
929 929
Event Costs 5,631 5,631
Marketing
Costs
7,663 7,663
Office Costs 7,356 7,356
Project Costs (restricted)
Rent, Council Tax and Service Charge 16,986 16,986
Shop Stock and Sundries 26,872 26,872
Staff costs 205,172 205,172
Subscriptions 432 432
Travel and Expenses 1,083 1,083
Utilities 1,118 1,118

Designated General Total
funds funds funds
2021 2021 2021
Governance
Accountancy 4,470 4,470
Depreciation 2,067 1,326 3,393
Insurance 4,797 4,797
Legal and Professional
Designated General Total
funds funds funds
2020 2020 2020
f. P.
Governance
Accountancy 4,478 4,478
Depreciation 2,067 1,768 3,835
Insurance 7,067 7,067
Legal and Professional 4,233 4,233
I 7574
2021 2020
No. No.
2021 2020
No. No.

Long-term
leasehold Fixtures and Computer
property fittings equipment Total
F, f.
Cost or valuation
At
I April 2020
255,497 2,225 12,146 269,868
At 31 March 2021 255,497 2,225 12,146 269,868
~Dhoti
At
I April 2020
12,745 1,830 7,238 21,813
Charge for the year 2,067 99 1,227 3,393
At 31 March 2021 14,812 1,929 8,465 25,206
Net book value
At 31 March 2021
2021 2020
Shop Stock
14. Debtors
2021 2020
F,
Due within one year
Trade debtors 3,598 10,308
Other debtors 55
Prepayments and accrued income 2,397
15. Creditors: Amounts falling due within one year
2021 2020
Trade creditors 4,046 5,051
Other creditors 8,089 7,607
Accruals and deferred income 4,100 8,550
2021 2020
Deferred income at I April 2020 4,450 13,259
Resources deferred during the year 4,450
Amounts released from previous periods (4,450) (13,259)
16. Creditors: Amounts falling due after more than one year
2021 2020

Stateme nt
of funds - prior year
Balance at Balance at
1 April Expenditur 31 March
2019 Income e 2020
F. f. f.
Unrestricted funds
General Fund 163 764 ~35790 ~324942 174612
Designated funds
The Old Operating Theatre 244 819 —~2067 242 752
Total of funds
Analysis of net assets between
funds -
current year
Designated Restricted Un-restrict Total
Fund Fund ed Fund funds
2021 2021 2021 2021
f, f.
Tangible fixed assets 240,685 3,977 244,662
Current assets 7,200 3,416 102,161 112,777
Creditors due within one year (3,600) (978) (11,657) (16,235)
Creditors due in more than one year (3,600) (3,600)
Analysis of net assets between
funds
—prior y
ear
Designate Un-restrict Total
d funds ed funds funds
2020 2020 2020
F. f.
Tangible fixed assets 242,752 5,303 248,055
Current assets 10,800 186,917 197,717
Creditors due within one year (3,600) (17,608) (21,208)
Creditors due in more than one year (7,200) (7,200)
Total