| Page | |||
|---|---|---|---|
| Reference and Administrative Details of the Charity, |
its Trustees and Advisers | ||
| Trustees' Report | 2 —12 | ||
| Independent Examiner's |
Report | 13 —14 | |
| Statement of Financial |
Activities | 15 | |
| Balance Sheet | 16 | ||
| Notes to the Financial Statements | 17-33 |
| Clare Lyon | Steve Parks | Carly Bidwell |
|---|---|---|
| Janina Woods | David Whittaker | Andrew Learman |
| Paul Mari | Elizabeth Fettes-Neame | Brian Hurwitz |
| Kate Ferguson | Alexandre Gomes |
Elizabeth Schexnyder |
| Simone Kunisch | Daniel O' Brien | Karen Hancock |
| Chris Rotchell | Ann Tunstall | Lisa Loudermilk |
| Kevin Young | Matthew Bultitude |
| Designated | Restricted | Restricted | General | Total | Total | |||||
|---|---|---|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | funds | ||||||
| 2023 | 2023 | 2023 | 2023 | 2022 | ||||||
| Income from: | Note | E | E | E | ||||||
| Donations, | grants | |||||||||
| and legacies | 142,507 | 105,924 | 248,431 | 66,287 | ||||||
| Charitable | ||||||||||
| activities | 187,487 | 187,487 | 166,720 | |||||||
| Investments | 2,544 | 2,544 | 57 | |||||||
| Other income | 4,083 | 4,083 | 68,578 | |||||||
| Total income | and | |||||||||
| endowments | 142507 | 300 038 | 442 545 | 301 642 | ||||||
| Expenditure | on: | |||||||||
| Charitable | ||||||||||
| activities | 9, 10 | 2,067 | 6,832 | 290,379 | 299,278 | 222,165 | ||||
| Total expenditure | 2067 | 6832 | 290379 | 299278 | 222 165 | |||||
| Net (expenditure) | / | |||||||||
| income | (2,067) | 135,675 | 9,659 | 143,267 | 79,477 | |||||
| Transfers between | ||||||||||
| funds | 17 | 995 | (995) | |||||||
| Net movement | in | |||||||||
| funds | ||||||||||
| Reconciliation | of | |||||||||
| funds: | ||||||||||
| Total funds brought | ||||||||||
| forward | 238,618 | 4,530 | 173,933 | 417,081 | 337,604 | |||||
| Net movement | in | |||||||||
| funds | (2,067) | 136,670 | 8,664 | 143,267 | 79,477 | |||||
| Total funds carried forward |
~@BR-~41 | ~&7 | se~~lZllst |
| BALANCE SHEET | |||||||
|---|---|---|---|---|---|---|---|
| AS AT 31 MARCH | 2023 | ||||||
| 2023 | 2022 | ||||||
| Note | F. | ||||||
| Fixed assets | |||||||
| Tangible assets | 13 | 376,778 | 241,601 | ||||
| 376,778 | 241,601 | ||||||
| Current assets | |||||||
| Stocks | 14 | 9,634 | 2,500 | ||||
| Debtors | 15 | 80,129 | 29,619 | ||||
| Cash at bank and | in hand | 160,874 | 165,614 | ||||
| 250,637 | 197,733 | ||||||
| Creditors: amounts | falling due within | ||||||
| one year | (67,067) | (22,253) | |||||
| Net current assets | 183,570 | 175,480 | |||||
| Total assets less current | liabilities | 560,348 | 417,081 | ||||
| Total net assets | |||||||
| Charity funds | |||||||
| Designated funds |
17 | 236,551 | 238,618 | ||||
| Restricted funds | 17 | 141,200 | 4,530 | ||||
| General funds | 17 | 182,597 | 173,933 | ||||
| Total funds |
| Long-term | leasehold | property- | 1% | per annum | on the straight | line basis | |
|---|---|---|---|---|---|---|---|
| Fixtures and fittings | —25% | per annum | on the reducing | balance | basis | ||
| Computer | equipment | - 25% | per annum | on the reducing | balance | basis | |
| Other fixed | assets | 3% | per annum | on the straight | line basis |
| Restricted | General | Total | ||
|---|---|---|---|---|
| funds | funds | funds | ||
| 2023 | 2023 | 2023 | ||
| Donations | 2,065 | 2,065 | ||
| Grants | —Projects | 142,507 | 103,859 | 246,366 |
| COVID | Closure Grants | |||
| ~I~ | ~324. | M4t3.~ | ||
| Restricted | General | Total | ||
| funds | funds | funds | ||
| 2022 | 2022 | 2022 | ||
| Donations | 4,079 | 4,079 | ||
| Grants | —Projects | 19,730 | 32,255 | 51,9B5 |
| COVID | Closure Grants | 10,223 | 10,223 |
| Museum | income | income | |
|---|---|---|---|
| Museum | income | ||
| 6 | Other incoming | resources |
| General | Total |
|---|---|
| funds | funds |
| 2023 | 2023 |
| General | Total |
| funds | funds |
| 2022 | 2022 |
| 1~220 | U~O. |
| General | Total |
|---|---|
| funds | funds |
| 2023 | 2023 |
| f. | |
| General | Total |
| funds | funds |
| 2022 | 2022 |
| General | Total | |
|---|---|---|
| funds | funds | |
| Interest | 2023 2023 f, ~24~4 |
|
| General | Total | |
| funds | funds | |
| 2022 | 2022 | |
| Interest |
| Designate | Restricted | General | Total | |
|---|---|---|---|---|
| d funds | funds | funds | funds | |
| 2023 | 2023 | 2023 | 2023 | |
| Direct Costs | 6,526 | 266,152 | 272,678 | |
| Support Costs | 2,067 ~2 |
306 ~ |
24,227 ~2222 |
26,600 222~7 |
| Designate | Restricted | General | Total | |
| d funds | funds | funds | funds | |
| 2022 | 2022 | 2022 | 2022 | |
| f. | F. | |||
| Direct Costs | 17,799 | 173,935 | 191,734 | |
| Support Costs | 2,067 Z.t242~2 |
28,364 Z224S2 |
30,431 222.M |
| Direct Costs | |||
|---|---|---|---|
| Restricted | General | Total | |
| funds | funds | funds | |
| 2023 | 2023 | 2023 | |
| F. | |||
| Museum Runnin Costs |
|||
| Agency Staff and Freelancers | 12,817 | 12,817 | |
| Bad debts | |||
| Building Maintenance | 5,834 | 5,834 | |
| Business Rates and Service Charge | 4,105 | 4,105 | |
| Collection Management | 3,714 | 3,714 | |
| Computer and Internet | 5,210 | 5,210 | |
| Consultancy | 7,317 | 7,317 | |
| Engagement | 805 | 805 | |
| Events | 1,863 | 1,863 | |
| Marketing | 6,466 | 6,466 | |
| Office | 16,984 | 16,984 | |
| Other | (6,400) | (6,400) | |
| Projects | 1,996 | 48,979 | 50,975 |
| Shop Stock and Sundries | 10,023 | 10,023 | |
| Staff | 4,530 | 134,191 | 138,721 |
| Staff Training | 3,220 | 3,220 | |
| Subscriptions | 3,274 | 3,274 | |
| Travel and Expenses | 1,024 | 1,024 | |
| Utilities | 210 | 210 | |
| Venue Hire |
6,516 | 6,516 |
| ES TO THE FINANCIAL STATEMENTS THE YEAR ENDED 31 MARCH 2023 |
ES TO THE FINANCIAL STATEMENTS THE YEAR ENDED 31 MARCH 2023 |
|||
|---|---|---|---|---|
| Direct costs (continued) | ||||
| Restricted | General | Total | ||
| funds | funds | funds | ||
| 2022 | 2022 | 2022 | ||
| f. | ||||
| Museum Runnin Costs |
||||
| Agency Staff and Freelancers | 5, 167 | 5,167 | ||
| Bad debts | 4,428 | 4,428 | ||
| Building Maintenance | 4,482 | 4,482 | ||
| Business Rates and Service Charge | 3,884 | 3,884 | ||
| Collection | Management | 1,279 | 1,279 | |
| Computer | and Internet | 3,161 | 3,161 | |
| Consultancy | 2,317 | 2,317 | ||
| Engagement | 4,023 | 4,023 | ||
| Events | 542 | 542 | ||
| Marketing | 2,256 | 2,256 | ||
| Office | 13,552 | 13,552 | ||
| Other | ||||
| Projects | 14,287 | 25,565 | 39,852 | |
| Shop Stock | and Sundries | 14,486 | 14,486 | |
| Staff | 3,512 | 82,386 | 85,898 | |
| Staff Training | 1,638 | 1,638 | ||
| Subscriptions | 803 | 803 | ||
| Travel and Expenses | 662 | 662 | ||
| Utilities | 787 | 787 | ||
| Venue Hire |
~79 | 2,517 2,517 ~1~~4 |
| 10. | Support Cos | ts | |||||
|---|---|---|---|---|---|---|---|
| Designated | Restricted | General | Total | ||||
| funds | funds | funds | funds | ||||
| 2023 | 2023 | 2023 | 2023 | ||||
| F. | |||||||
| Governance | |||||||
| Accountancy | 13,158 | 13,158 | |||||
| Depreciation | 2,067 | 306 | 1,381 | 3,754 | |||
| Insurance | 8,402 | 8,402 | |||||
| Architects and Planning | 1,286 | 1,286 | |||||
| Designated | General | Total | |||||
| funds | funds | funds | |||||
| 2022 | 2022 | 2022 | |||||
| Governance | |||||||
| Accountancy | 6,925 | 6,925 | |||||
| Depreciation | 2,067 | 994 | 3,061 | ||||
| Insurance | 6,905 | 6,905 | |||||
| Architects and Planning | 13,540 | 13,540 | |||||
| 11. | Staff costs | ||||||
| 2023 | 2022 | ||||||
| Wages and salaries | 125,540 | 81,092 | |||||
| Social security costs | 5,126 | 2,113 | |||||
| Contribution | to defined | contribution | pension schemes | 8,055 | 1,613 |
| 2023 | 2022 |
|---|---|
| No. | No. |
| Tangible | fixed assets | |||||
|---|---|---|---|---|---|---|
| Long-term | ||||||
| leasehold | Fixtures and | Computer | Leasehold | |||
| property | fittings | equipment | Improvement | Total | ||
| Cost or valuation | ||||||
| At I April |
2022 | 255,497 | 2,225 | 12,146 | 269,868 | |
| Additions | 1,869 | 1,200 | 135,862 | 138,931 | ||
| At 31 March 2023 | 255,497 | 4,094 | 13,346 | 135,862 | 408,799 | |
| ~0ee | 1 | |||||
| At I April | 2022 | 16,879 | 2,003 | 9,385 | 28,267 | |
| Charge for the year | 2,067 | 441 | 940 | 306 | 3,754 | |
| At 31 March 2023 | 18,946 | 2,444 | 10,325 | 306 | 32,021 | |
| Net book | value | |||||
| At 31 M At 31 Mo |
h 2023 h 2022 |
233.301~t~ ~13.020~~ |
~s000 | ~20~ |
| At 31 | Mo h 2022 ~13.020 |
|||
|---|---|---|---|---|
| 14L | Stoc | ks | ||
| 2023 | 2022 | |||
| Shop | Stock |
| 2023 | 2022 | |||
|---|---|---|---|---|
| Due within one | ear | |||
| Trade debtors | 5,821 | 23,086 | ||
| Other debtors | 63,005 | 113 | ||
| Prepayments | and accrued income | 11,303 | 6,420 |
| 2023 | 2022 | |
|---|---|---|
| Trade creditors | 58,715 | 6,902 |
| Other creditors | 71 | 11,121 |
| Accruals and deferred income | 8,281 | 4,230 |
| Statement of funds —cu |
rrent year | |||||
|---|---|---|---|---|---|---|
| Balance at | ||||||
| Balance at | I | Transfers | 31 March | |||
| April 2022 | Income | Expenditure | in/out | 2023 | ||
| Unrestricted funds |
||||||
| General Fund |
173,933 | 196,179 | (221,352) | 33,837 | 182,597 | |
| National Lottery |
103,859 | (69,027) | (34,832) | |||
| 173,933 | 300,038 | (290,379) | (995) | 182,597 | ||
| Desi nated funds | ||||||
| The Old Operating Theatre |
238618 | ~2067 | 236 551 | |||
| Restricted funds |
||||||
| Arts Council Culture | ||||||
| Recovery Fund | ||||||
| Royal College of Arts | ||||||
| Guys 8,St.Thomas' | ||||||
| Foundation | 4,530 | (4,530) | ||||
| British Society for the | ||||||
| History ofScience | ||||||
| Arts Council MEND |
141,507 | (307) | - | 141,200 | ||
| TLB Urban ten Garden | 1,000 | (1,995) | 995 | |||
| 4,530 | 142,507 | [6,832) | 995 | 141,200 | ||
| Total of funds |
| Balance at | ||||||
|---|---|---|---|---|---|---|
| Balance at | Transfers | 31 March | ||||
| I April 2021 | Income | Expenditure | In/out | 2022 | ||
| Unrestricted funds |
||||||
| General Fund |
94,481 | 281,912 | (167,467) | (34,993) | 173,933 | |
| National Lottery |
(34,832) | 34,832 | ||||
| 94,481 | 281,912 | (202,299) | (161) | 173,933 | ||
| Desi nated funds | ||||||
| The Old Operating Theatre |
240 685 | ~2867 | 238 618 | |||
| Restricted funds |
||||||
| Arts Council Culture | ||||||
| Recovery Fund | 2,438 | 9,938 | (12,376) | |||
| Royal College of Arts | 750 | (800) | 50 | |||
| Guys LSt.Thomas' | ||||||
| Foundation | 6,042 | (1,512) | 4,530 | |||
| British Society for the | ||||||
| History ofScience | 3,000 | (3,111) | ||||
| Arts Council MEND |
||||||
| TLB Urban Zen Garden | ||||||
| 2,438 | 19,730 | (17,799) | 161 | 4,530 |
| Analysis | of net assets between | funds | ||||
|---|---|---|---|---|---|---|
| Analysis | of net assets between | funds | —current year | |||
| Designated | Restricted | Un-restricted | Total | |||
| Fund | Fund | Fund | funds | |||
| 2023 | 2023 | 2023 | 2023 | |||
| R | ||||||
| Tangible | fixed assets | 236,551 | 135,556 | 4,671 | 376,778 | |
| Current | assets | 66,377 | 184,260 | 250,637 | ||
| Creditors | due within one year | (60,733) | (6,334) | (67,067) | ||
| Total | ||||||
| Analysis | of net assets between | funds | - prior year | |||
| Designated | Restricted | Un-restricted | Total | |||
| funds | funds | funds | funds | |||
| 2022 | 2022 | 2022 | 2022 | |||
| Tangible | fixed assets | 238,618 | 2,983 | 241,601 | ||
| Current assets | 3,600 | 4,530 | 189,603 | 197,733 | ||
| Creditors | due within one year | (3,600) | (18,653) | (22,253) | ||
| Total |