Charity number: CIO 1155078
LORD BROCK TRUST
(THE OLD OPERATING THEATRE MUSEUM AND HERB GARRET)
UNAUDITED
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

LORD BROCK TRUST (THE OLD OPERATING THEATRE MUSEUM AND HERB GARRET)
CONTENTS
Page
Reference and Administrative Details of the Charity, its Trustees and Adviser3
Trustees, Report
Independent Examiner's Report
2-10
Statement of Financial Activities
13
Balance Sheet
14
Notes to the Financial Ststements
15-29

LORD BROCK TRUST (THE OLD OPERATING THEATRE MUSEUM AND HERB GARRET)
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 MARCH 2024
Trustees
Carol Seigel, Chair
Dr Richard Wingate. Wice Chair
Jenny Holme {resigned 31 March 2024)
Lauren Rhodes
Laura Crean
Bethan Knights
Katy Ba￿ett
Michael Clayion
Sharon Collins
Rebecca Atkinson
Michelle Williams {appointed 17 July 2023)
Charity registered
number
CIO 1155078
Principal office
The Old Operating Theatre and Herb Garret
St Thomas's Church
9a St Thomas Street
London
SE19RY
Museum Director
Sarah Com (resigned April 2024), Dr. Sophie Waring (appointed 20 May 2024)
Accountants
Nyman Libson Paul LLP
Chartered Accountants
124 Finchley Road
London
NW3 5JS
Page 1

LORD BROCK TRUST (THE OLD OPERATING THEATRE MUSEUM AND HERB GARRET)
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 MARCH 2024
The Trustees present their annual report together the financial statements for the period 1 April 2023 to 31
March 2024.
The financial statements comply wth the Statement of Recommended Practi￿. Accounting and Reporting by
Charities preparing their accounts in accordan￿ v￿th the Financial Reporting Standard applicable in the UK and
Republic of Ireland {FRS 102) (effective 1 January 2019) and Financial Reporting Standard applicable in the
United Kingdom and Republic of Ireland IFRS 102) and the Charits'es Act 2011.
The Trustees confirm that the Charity Commission's general guidan￿ on public benefit has been considered in
relation to the objectives of the Charity- The report below sets out those objectives and describes how they have
been met in the current year.
Objectives and Activities
a. Charitable Purpose
The Old Operating Theatre Museum and Herb Garret (OOT) is govemed by the Lord Brock Trust (LBT). The
LBT'S charitable objects are..
To further the education of the public and medical students in the herttage of medicine, medical treatment and
health care by the holding and care of collections and the provision of museums and other activities. In
particular, by the maintenance of the building and contents of the operating theatre in the original St Thomas's
Church on the site of old St Thomas's Hospital as a place of historic interest for long term public benefit.
b. Museum Vision, Mission and Values
Vision
A wodd where everyone understands the importance of the history of medicine to our lives today.
Mission
To contextualise the women's operating theatre of old St. Thomas, hospital in the attic of the 18th century church
in the heart of London Bridge. Providing immersive educational experiences and conversations about medicine,
health and well-being using its collection. and voices past and present.
Values
Welcoming - Captivating - Inspiring - Ambitious
c. Main Charitsble Activities
Offering a leaming environment for visitors through displays and exhibitions, outreach and online
resources
Delivering talks, events and schools programmes
Applying for funds from trusts, foundations and grant giving bodies
Developing the building and the displays to improve access and interpretation
d. Investment Policy and Perfomiance
In accordance with the trust's constitution. the trustees have the power to deposit or invest funds, employ
professional fund manager and a￿ange for the investment or other propety of the trust to be held in the name of
a nominee subject to the Trustee Act 2000. The bulk of the trust's free reserves is currently held in a common
investment fund (COIF) managed by CCLA Investment Management Limited. The COIF fund has performed well
over the last 5 years against a &year benchmark of 9.44 % (CPI plus 5°A) and the 5-year comparator benchmark
of 7.08%, holding a balance at 31st March 2024 of £149.130. This success is partly attributable to COIF'S
holdings in US equities, which showed exceptional gains in 2024.
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LORD BROCK TRUST (THE OLD OPERATING THEATRE MUSEUM AND HERB GARRET)
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
While there was a significant dedine follow￿ng the COVID-19 pandemic and another drop in 2023 due to market
turmoil. the robust recovery of markets in 2024 has brought our investment balance nearfy back to pre-pandemic
levels.
Overall, the trustees are pleased with the fiJnd's performance, particularly given COIF'S commitment to its ESG
policy, ensuring investments adhere to a strong ethical standard while delivering sustainable returns.
e. Summary ofAchievements
Introduction
On Friday 21 April 2023 the Museum reopened to the public after an extended period of closure to cary out
essential maintenance work thanks to a grant from Arts Council England. The Museum has been open to the
public for general admissions four days a week, Thursdays through Sundays, and for pre-booked groups on
Mondays through Wednesdays.
Income & Expenditure
Total income this year was £ 415,435 (2022-23: £442,545) and total expenditure was £ 334,758 {2022-23'.
£299,278). We generated £309.176 from admissions. groups. talks and shop sales (2022-23.. £184,487) with
additional donations of £13,261 (2022-23= £2,065).
We were fortunate to receive funds from the followng project grants in the year:
The final inslalment of £21,358 from the National Lottery Heritage Fund was received after the project was
completed in June 2023.
The final instalment of £57,280 from Arts Council England for a MEND grant was also re￿iVed during the year
after the project was completed in July 2023. The total grant received from Arts Council England was £157,230
and the project was supported by a contribution of £42.000 from Richard Upton. the leaseholder of St Thomas's
Church.
In addition, we received the second £1,000 instslment of a restricted grant fund from Team London Bridge ffLB)
for a small partnership project with Southwark College.
COIF investment interest income of £5,116 was generated this year {2022-23.' £2,544).
Visitors & Engagement
We welcomed 33,020 visitors to the Museum this year. a 70Yo increase on the prior year12022-23= 19,4711.
This included a free entry day as part of the London Open House Festival in September 2023.
Schools & Grou
The Education Department offered exdusive access to the museum and our 'Victorian Surgery Brought to Life.
talk on Mondays, Tuesdays and Wednesdays. presented by a team of freelance facilitators. This was delivered
by a team of freelancers, overseen by the Museum's Engagement Manager be￿een April and September 2023.
An Education Officer was then appointed but left in January 2024 and the supervision of the freelancers reverted
temporarily to the Engagement Manager till the end of March 2024.
During their year, the Education Officer intrOdU￿d a Public Health walking tour and provided resources and
readings to bring depth to the freelan￿￿S kno￿edge of surgical and medical history. They also worked hard to
ensure consistency and the use of inclusive language in the Surgery talk and established systems for the care
and maintenance of handling objects.
The school and groups offer has been very successful this year, V￿ welcomed 5,960 school pupils, 1.133
university Students, and 500 people from other special interest of further education groups.
Worksho
s & Outreach
The full extent of the successes of Dr Jenni Hunt's work as the Museum's Outreach Offi￿r can be found in the
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LORD BROCK TRUST (THE OLD OPERATING THEATRE MUSEUM AND HERB GARRET)
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Museum's Social Value Report.
Onsite workshops and events reached 169 people in focus groups wtth 16 participants alongside family
workshops during school holidays and half temis. including dedicated SEND-sessions.
Offsite activities reach 2121 people through a series of sessions and activities throughout the year. The museum
was represented at many local fesb'vals and events hosted by Southwark Cathedral. Team London Bridge,
Bankside and St James Primary in Bemondsey. The museum also arranged weekly sessions at Southwark
College working wth SEND adult leamers. regular object handling on the main concourse at Guy's Hospital and
visits to our local dementia café.
Exhibitions
To celebrate the reopening of the Museum after its closure in the previous financial year an exhibition of work by
local artists was curated in 'Every Body has a Medical History, and ran till late May.
In September the Museum hosted an art installation by environmental artist Irma Irsara, Tidal Traces. The piece
was made of free hanging instsllation and timelapse videos and drew attention to issues around plastics and
organic tidal remnants on the river Thames. A Q&A with the artist and a drop-in family workshop accompanied
the exhibition.
Ac￿sS
As part of our ongoing desire to improve access to the Museum, which is in a Grade Il" listed building, we
continued to follow our Accessibility Guide. This provides visitors with information about the venue so visitors can
explore more about our space ahead of a MSIL We are a Dementia Friendly Venue as part of The Mayor of
London's Dementia Friendly Venues Charter.
We have two induction loops and ear defenders and have braille and large print guides available to our visitors at
all times.
Sho
Events & Venue Hire
The 'Old Op Apothecary Shop: tiM￿tested cures for the modem World, generated £43,783 in 2023-24 (2022-23..
£34,467) Our most popular products continue to be our postcards, notebooks, coasters, bespoke products such
as ourjewellery ranges from local artists as well as our range of tote bags.
Venue Hire operations went through substantial changes this year wth the introduction of a new till and ticketing
system in June 2023 and events coordination moving from the engagement team to the commercial team to join
with venue hire in January 2024.
At the start of the year in April, the Museum launched Lates, v4ith a new cocktail hour offering and hosted a sell-
out Christmas Carol performance in December. Another highlight was a lino-cutting workshop by one of the
Museum's Artist Ambassadors bringing in a new audience. Events accommodated 1,234 people and generated
£22,715.
The museum continued to offer private paty hire and filming hire, hosting a total of 13 venue hires and 10 filming
hires. This year included a private wedding anniversary. corporate events. book launches, and student and
documentary film hires. Venue hires accommodated 584 people and generated £33,837 (2022-23: £15,715).
Collection & Inte
retation
The collection comprises objects and archives totalling over 2,300 items. Though the collection is small, it
provides a broad overview of the types of medicines, treatments and surgery used and performed in the old St
Thomas, Hospitsl. The collection is made available to the public through our displays and online through our
eHive catalogue.
In the year till March 2024, we continued to loan 17 objects to Shanbally Museum in Ireland and we lent 4 objects
to the Royal College of Nursing. The Museum re￿iVed donated books, an 1852 copy of Benjamin Traver's
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LORD BROCK TRUST (THE OLD OPERATING THEATRE MUSEUM AND HERB GARRET)
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Observations in Surgery and a copy of Sir Russell Brocks, Lung Abscess.
Between the reopening of the museum in April and August, several areas of interpretation were redone or added
to the Museum's display. In collaboration with Bespoken Theatre. Mistress Willow Riddle, hert)al woman,
perfomied living history in the museum. Volunteer hosts started to facilitate pomander-making in the museum for
visitors. In December, the Museum took ownership of live medical leeches which are popular with our visitors
and on social media.
In April we inlroduced the new Wirtual Tour of the Museum with Merfin 360 tours, which was further updated with
additional content in August (Wisits 2271, Sessions 2049, Users 156, average time spent on tour 4 min 12
seconds.) On 15 June we introduced Bloomberg Connects Free Digital Guide and added a layer of interpretation
to our exhibitions as well as accessibility as our guide can be translated into any language on Google Translates.
Guide accessed times and language from 15 June 2023 to 31 March 2024. English 1504, Spanish 172, Arabic
159, Italian 67, Japanese 20, Chinese 62. French 44. German 44. Portuguese 11. Polish 2, Hindin 9, Turkish 2,
Dutch 18, Kannada 1, Welsh 1, Ukranian 2, Urdu 1, Hebrew 3, Korean 6, Romanian 2, Catalan 2, Russian 3,
Czech 6, Danish 1. Total users: 1984.
Marketin
& Social Media
The Museum's marketing plan was updated this year y￿th a staff training event to facilitate all staff to add content
to the Museum's social media profiles. The new online shop was launched in November 2023 with the help of
one of our volunteers.
The Museum's Facebook. Twitter. Instagram and YouTube profiles continue to grow,
Social Media Channels..
Fa￿bOOk= Reach 154.7 K. Content interactions 4.7 K, Followers 9.3K, Link Clicks 1.6 K.
Instagram.. Reach 24.7K, Content Interactions. 888, Profile Visits.. 10.2K, New follows 452 (8272 total) 435 posts
and 25 stories.
YouTube'. Views.. 16.6k, Watch time 278.2 hours, New subscribers.. 62 ￿0t31 188).
Linkedln Insights.. 177 new followers.
A transfer from Hootsuite to Buffer and If This Then That (ITFD in the last quarter of 2023-24 resulted in the loss
of some of our data for our social media impact. particularly on Twtter.
The Museum purchased advertisements on Facebook and Instagram to promote events. The Museum was
featured in Iwo editorial pieces in the Bermondsey Biscuit and Southwark News. The Museum and out events
were featured on China Daily, Wisit London. lan Visits, Bindy Street, London x London, London Out Out, New
Scientist, Department for Science Innovation, Group Leisure & Travel's Annual Coach Excursion, Londonist,
Great Days Out in the Evening Standard, London Metro {artide about medical history), Vera Magazine for Virgin
Aidines and British Airways High Life digital magazine.
The Museum's TripAdvisor rating remains high at 4.5 out of 5 stars and we are listed as #64 of 3,248 things to
do in London. We received a Tripadvisors Travellers, Choice Award for 2024 (meaning we 'consistently earn
great reviews and are ranked within the top 100A of properties on Tnpadvisor,).
Visitor Feedback and Evaluation
The Museum continued its new evaluation methodology. developed and implemented last year as part of a
National Lottery Heritsge Fund project, induding a new emoji postcard and sticker wall. Our online Feedback
SuNeys for Visitors, Events and Groups were reviewed and updated and complemented with project-specific
surveys for activity participants and group leaders.
Our Visitor Feedback Survey fomi shared by direct email to pr&booked ts'cket-holders and made available on our
website allows us to better understand what developments we can implement based on visitor comments.
Further positive feedback received via our exit survey and Emoji cards indudes=
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LORD BROCK TRUST (THE OLD OPERATING THEATRE MUSEUM AND HERB GARRET)
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
'Unsettling but super interesting.
'So so endearing and interesting. Suth a delicately crafted space with keen concem and consideration towards
guest's enjoyment.,
'Excellent displays. Grateful to be living with today's medical advances!,
'Really interesting museum, makes me feel very lucky to live in a time with modem medicine. Thanks for
preseNing this fascinating place of history.
'1 am a doctor in Australia - it's amazing how much has changed in medicine, and yet how much hasn't at all.
Fascinating exhibition.
Volunteers
Throughout the year, we were fortunate to have the support of volunteers who gifted us with 618 hours of their
time. Volunteer roles span across social media activity. website support, collection research and blog writing,
with the majority fulfilling our Welcome Host role vtho assist wth greeting visitors and answering questions about
the Museum. In October 2023 to recognise the increasing contribution that Welcome Hosts give to object
handling, informal questions and other organised activities in the Museum Ipomander making, pill-making
demonstrations, short guided tours, leech Q&A) their role was renamed Visitor Experience Volunteers.
Staff
Our Director Sarah Corn left us in April 2024. The Trust would like to thank her for her many years of dedicated
hard work, particularly during the very challenging times of the coronavirus pandemic. We welcomed Dr Sophie
Waring from The Science Museum Group as the new Director in Spring 2024.
We are proud to be an Accredited Living Wage provider. We support all our team members {staff, freelancers
and volunteers) wth on-the-job training as well essential workplace training {such as First Aid at Work and Fire
Safety for Marshals), along wth i01￿speCifiC training and development such as Oral History, Volunteer
Management, Collection Documentation, Interpretation, as well as ne￿OrkIng opportunities through our
membership of the London Museums of Health and Medicine (LMHM).
Environmental Sustainabili
The Museum is committed to decreasing negative environmental impacts and it is important to us to ensure we
are environmentally responsible. This year the Museum continued to follow its Environmental Sustainability
Policy and action plan, recycling a total of 861 kg of waste induding all batteries used by the Museum, through
the waste and recycling company Recorra. We continue to live by our commitment to source UK shop products
and the Museum has ongoing relationships wth local producers and small businesses.
Pro
ect Grants and Partnershi
We re￿iVed funding towards specific projects and activities throughout the year as well as working in
partnership wth other local organisations.
Medi-culture
For seven centuries, the London Bridge area has been one of the world's most significant sites for the
development of healthcare, science and wellbeing= lifevchanging work that continues now and into the future. We
are proud to be a key partner in the local Business Improvement District's (Team London Bridge) 'Medi-Culture'
vision to tell this story with our local community.
We participated in and signrficantly contributed to the fifth and sixth med￿CultUre Festivals held in October 2023
and March 2024, which offered a programme of free events including talks. panel discussions, workshops and
walking tours themed around the history of medicine and the future of health.
's & St Thomas, Foundation
GSTF
We have an ongoing partnership wth GSTF as our object collections and desire to tell the history of St Thomas.
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LORD BROCK TRUST (THE OLD OPERATING THEATRE MUSEUM AND HERB GARRET)
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Hospital and its legacy closely align. The Trust partially funds the post of the Museum's Community Engagement
Officer.
Arts Council En
land
ACE
The final culmination of Arts Council England 'MEND° project was completed by July 2023 with the fitting of the
blind for the pyramid skylight. The museum has also been part of MEND Programme Evaluation - Heritage
Science Project at UCL led by Dr Mim Andrews {completed in September 2024).
Inclusive Pers
ective Ltd
As part of the Museum's continuing ambition to embed inclusion into all aspects of rts work, from employment to
content a Strategy Day was held on July 4 2023 wth specialist consultant Lenna Cumberbatch. Key activities in
the Museum are now infomied by an Action Plan overseen by the newly established Equality, Diversity and
Inclusion Working Group fomied of a quorum of Trustees. This was funded by a donation from Simon Chaplin.
Realworth Social Value Re
ort
The Trust commissioned a report on the Museum's 'social value, to assist the Museum in accessing new funding
sources, by evidencing g to potential funders the potential depth of impact that their sponsorship or investment
could have on visitors, partj'cipants and beneficiaries. Using Social Return of Investment (SROI) measurements,
Realworth takes the changes to people's lives and expresses these in monetary amounts. These amounts are
an indicator of social change, for example, they include the amount the NHS or the police force may have to
spend if the development had not improved the lives of some people. For every £1 spent to deliver the
Museum's activities, £6.93 of social value was created for society- For every £1 spent on proposed future
activity, £8.95 of social value wll be created for society. This report was paid for by Richard Upton, the
leaseholder of St Thomas's Church.
Placements with Universi
Students
Kin
's Colle
e London Under
raduate Research Fellowshi
Partnership wth KCL, Guy's & St Thomas.
Foundation Trust. Two students were given funding for a part-time short research fellowship to create an
annotated bibliography of patients, stories.
Kin
s Colle
e London Comms Sci 3rd
ear
ro
ect student lacement (Semester B 2024, Jan-march). Herbals &
Pharmaceutical by Ella Mathison, which won the award for Best Finished Product. It is now a magazine in the
Waiting Room and each section is an individual blog post on the Museum website.
Goldsmiths Universit Public Histo
Work Placement (Jan-mar): Caspar Allen researched and produced
blog posts about sailors at Old St Thomas, Hospital.
UCL Institute of Archaeolo
Museum Studies Placement.. Genevieve Holt assisted wth the research and
redisplay of the Anatomy & Dissection Bay.
Patrons
Susan Standring MBE, PhD, DSC, FKC, FRBS, Hon FAS, Hon FRCS and Sir Bary Jackson MS, FRCS, FRCP,
FRCSGlas, FKC continue to act as ambassadors for the Museum, advocating on our behalf and supporting our
work in their role of Patron. This is an honorary role for vthich we are extremely grateful . Our outgoing Trustee
Professor Richard Wingate, MAP, DPhil. has agreed to become our third Patron. As a Professor of
Developmental Neurobiology at King's College London. Richard will continue to help develop further links
be￿een the University and the Museum.
Future Plans
The strategic goals of the charity are as follows= To be financially sustainable by minimising expenditure and
ethically maximising income. To ensure good govemance with clear management, operations and environmental
awareness. To reduce barriers to diversity in both the staff and audience. to diversify the interpretation of the
collection and to improve its accessibility wth a hybrid digital and on-site offer. To develop and expand our space
offering the most authentic medical museum experience in the UK. To maintain sector leadership, increasing
organisational standing in the heritage sector excellence in ourwork and practice.
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LORD BROCK TRUST (THE OLD OPERATING THEATRE MUSEUM AND HERB GARRET)
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Financial Review
a. Going Concern
After making appropriate enquiries, the Trustees have a reasonable expectation that the Trust has adequate
resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt
the going concern basis in preparing the financial statements. The Trust is maintaining financial stability through
effective project and financial management, forecasting, budgeting and continual improvement of procedures
and monitoring. Furthermore, we have increased our offer by hosting more education. events and venue hire
which are generating income, as well as increased marketing and social media activity.
b. Financial Risk Management Objectives and Policies
The Trustees confimi that they have identified and reviewed the major risks to which the trust is exposed and
have established systems to mitigate these..
Govemance & Finance= the risk of no clear objectives or strategy and the loss of key staff is mitigated by our
strategic business plan. our financial planning and budgets and open & dear recruitment and management
processes.
Operational risk.. the risk of low visitor satisfaction and associated loss of visitor income is mitigated by quality
ontrol procedures as part of our Museum Accreditation.
Compliance risk.. The risk of fines, penalties or censure from licensing or activity regulators is mitigated by
compliance with all HMRC and Charity Commission regulations.
A risk register is maintained and regularly revIev￿d and a Financial Controls Policy is in place.
. Reserves Policy
Reserves are needed to bridge the gap between spending and receiving of resources and to cover unplanned
expenditure or downtum in business.
The trustees review anticipated expenditure, income targets and budget lines on a regular basis, taking into
account planned investment and operating programmes.
The Trustees consider the minimum level of rese￿eS target to be covering six months of operational costs,
approximately £167.000.
At 2024 year-end, the Trust had combined reserves of £641.025 comprising:
Designated funds (building)
Restricted funds (general)
Unrestricted funds (general)
£ 233,996
£204,625
£ 202,404
A sum representing the long leasehold interest in the building from which the trust operates is held in a separate
fund designated by the trustees for this purpose.
The unrestricted funds above represent 5 months of the budgeted expenditure for 2023-24.
Structure. Govemance and Management
. Constitution
The Lord Brock Trust is constituted under a Deed dated December 2013 and 15 registered as a Chariitable
Incorporated Organisation, amended on 01 Aug 2022. Before incorporats'on, it operated for many years as the
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LORD BROCK TRUST (THE OLD OPERATING THEATRE MUSEUM AND HERB GARRET)
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Lord Brock Memorial Trust, an unincorporated charitable trust.
Throughout 2021-22, the Trust worked wtth a Business Consultant to assess its constitution to ensure it was still
fit for purpose. As a result, amendments were identified. as well as the need to update the objects. These were
discussed and approved by the Lord Brock Trust in January 2022 and the request to update the charitable
objects was submitted to the Charity Commission, which was approved by them in June 2022. A Resolution was
passed at the July 2022 board meeting to adopt the new objects. and this along with additional constitution
updates were approved by the board.
b. Recruitment, Appointment and Election of Trustees
The management of the charity is the responsibility of the Trustees who are elected and C￿0p1ed under the
tems of the Trust deed. Under the terms of the Deed there are a minimum of three trustees who are elected to
serve for a period of three years, such temi of office being renewable up to three terms. The trustees may
appoint other trustees who they believe wll assist them in fulfilling the Trust's objectives.
New trustees are sent the latest annual accounts, the most recent copy of the forward plan, and other important
current strategic documents. As part of the induction process. new trustees have a meeting with the Chair andlor
the Director to discuss the current issues facing the Trust. its plans and ambitions, and their role as a trustee.
They are also invited to the Museum to meet the staff team, and understand their responsibilities and concerns.
In future, we plan to send new trustees fvrther background material on the role of a charity trustee, such as that
provided by AIM (Association of Independent Museums), and the CGA (Cultural Governance Alliance)
The Vice Chair of the Trustees, Professor Richard Wingate, has come to the end of his terms of office and
agreed to join the Trust as a Patron. The Treasurer, Jenny Holme, resigned from her position in March 2024 and
Trustee Michael Clayton was appointed Treasurer . Michelle Williams also joined the Trustees in July 2023.
c. Pay Policy for Senior Staff
The trustees consider the key management personnel of the charity are those in charge of directing and
controlling, running and operating the Trust and the Museum on a day to day basis. No trustee received
remuneration or expenses in the year, as disdosed in note 12 to the accounts.
The pay of the senior staff is reviewed annually. Pay increases are at the discretion of the trustees and details
are outlined in the employee handbook. In view of the nature of the Trust, the salaries are benchmarked against
pay levels in other similar organisations.
d. Organisational Structure and Decision Making
Strategic direction is given by the Trustees and carried out by the staff, via the Museum Director of the Old
Operating Theatre Museum and Herb Garret.
Trustees Responsibilities Statement
The Trustees are responsible for preparing the Trustees. Report and the financial statements in accordance with
applicable law and United Kingdom Accounting Standards (United Kingdom Generally AC￿pted Accounting
Practice).
The law applicable to charities in England & Wales requires the Trustees to prepare financial statements for
each financial year which give a true and fair view of the state of affairs of the Charity and of its incoming
resources and application of resources. including its income and expenditure. for that period. In preparing these
financial statements, the Trustees are required to..
select suitable arxounting policies and then apply them consistenUy-
observe the methods and principles of the Charities SORP {FRS 102)-
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LORD BROCK TRUST (THE OLD OPERATING THEATRE MUSEUM AND HERB GARRET)
TRUSTEES. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
make judgments and accounting estimates that are reasonable and prudent-
stste whether applicable UK Accounting Standards (FRS 102) have been followed. subject to any material
departures disclosed and explained in the financial statements.,
prepare the financial statements on the going concem basis unless it is inappropriate to presume that the
Charity will continue in operation.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain
the Charity's transactions and disclose with reasonable accuracy at any time the ffinancial position of the Charity
and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charily
(Accounts and Reports) Regulations 2008 and the provisions of the Trust deed. They are also responsible for
safeguarding the assets of the Charity and hen￿ for taking reasonable steps for the prevention and detection of
fraud and other irregularities.
Approved
by
order
the
members
the
board
22 October 2024 and signed on their behalf by..
Trustees
on
Carol Seigel
Chairperson
Michael Clayton
Treasurer
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LORD BROCK TRUST (THE OLD OPERATING THEATRE MUSEUM AND HERB GARRET)
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 MARCH 2024
Independent Examinerfs Report to the Trustees of Lord Brock Trust (The Old Operating Theatre
Museum and Herb Garret) ('the Charity.)
I report to the charity Trustees on my examination of the accounts of the Charity for the year ended 31 March
2024.
Responsibilities and Basis of Report
As the Trustees of the Charity you are responsible for the preparation of the accounts in accordance with the
requirements of the Charities Act 2011 {'the 2011 Act,).
I report in respect of my examination of the Charitys accounts Ca￿led out under section 145 of the 2011 Act and
in carrying out my examination I have foll0v￿d the applicable Directions given by the Charity Commission under
section 145(5)(b) of the 2011 Act.
Independent Examiner's Statement
Since the Charity's gross income exceeded £250,000 your examiner must be a member of a body listed in
section 145 of the 2011 Act. I confimi that l am qualified to undertake the examination because l am a member
of ICAEW, which is one of the listed bodies.
Your attention 15 drawn to the fact that the Charity has prepared the accounts in accordance with Accounting and
Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in
accordance wth the Financial Reporting Stsndard applicable in the UK and Republic of Ireland (FRS 102} in
preference to the Accounting and Reporting by Charities.. Statement of Recommended Practice issued on 1 April
2005 which is referred to in the extant regulations but has been withdrawn.
l understand that this has been done in order for the accounts to provide a true and fair view in accordance with
the Generally Accepted Accounting Prath'ce effective for reporting periods beginning on or after 1 January 2015.
I have completed my examination. I confimi that no matters have come to my attention in connection with the
examination giving me cause to believe that in any material respect..
accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act., or
the accounts do not accord those records.. or
the accounts do not comply wth the applicable requirements conceming the form and content of
accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement
that the accounts give a 'true and fair, view which is not a matter considered as part of an independent
examination.
I have no concems and have come across no other matters in connection with the examination to which
attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
This report is made solely to the Chariws Trustees. as a body. in accordance with Part 4 of the Charities
(Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Charity's
Trustees those matters l am required to state to them in an Independenl Examiner's Report and for no other
purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the
Charity and the Charity's Trustees as a body, for my work or for this report.
Page11

LORD BROCK TRUST (THE OLD OPERATING THEATRE MUSEUM AND HERB GARRET)
INDEPENDENT EXAMINER'S REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Signed..
Dated..
13 December 2024
Andrew Thomas
ACA
Nyman Libson Paul LLP
Chartered Accountants
124 Finchley Road
London
NW3 5JS
Page 12

LORD BROCK TRUST (THE OLD OPERATING THEATRE MUSEUM AND HERB GARRET)
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2024
Restricted
funds
2024
Unrestricted
funds
2024
Total
funds
2024
Total
funds
2023
Note
Income from:
Donations, grants and legacies
Charitable activities
Investments
Other income
66,519
34,624
309,176
5,116
101,143
309.176
5,116
248,431
187,487
2,544
4,083
Total income
66,519
348,916
415,435
442,545
Expenditure on:
Charitable activities
12,422
322,336
334,758
299,278
Total expenditure
12,422
322,336
334,758
299,278
Net income
54,097
9,328
26,580
(9,328)
80.677
143,267
Transfers belween fvnds
16
Net movement in funds
63,425
17,252
80,677
143,267
Reconciliation of funds:
Total funds brought forward
Net movement in funds
141,200
63,425
419,148
17,252
560,348
80,677
417,081
143,267
Total funds carried fonNard
204,625
436.400
641,025
560,348
The Statement of Financial Activities includes all gains and losses recognised in the year.
The notes on pages 15 to 29 form part of these financial statements.
Page 13

LORD BROCK TRUST (THE OLD OPERATING THEATRE MUSEUM AND HERB GARRET)
BALANCE SHEET
AS AT 31 MARCH 2024
2024
2023
Note
Fixed assets
Tangible assets
12
442,124
376,778
442,124
376,778
Current assets
Stocks
Debtors
13
14
6,471
29,227
193.727
9,634
80,129
160,874
Cash at bank and in hand
229.425
250,637
Creditors.. amounts falling due Y￿thin one
year
15
(30,524)
(67,067)
Net current assets
198,901
183,570
Total assets less current liabilities
641.025
560,348
Total net assets
641.025
560,348
Charity funds
Restricted funds
16
204.625
141,200
Unrestricted funds
Designated funds
General funds
16
233.996
202.404
236,551
182,597
16
Total unrestricted funds
16
436.400
419,148
Total funds
641,025
560,348
The financial
statements were
approved and
authorised for issue
by the Trustees
22 October 2024 and signed on their behalf by..
on
Carol Seigel
Michael Clayton
The notes on pages 15 to 29 form part of these financial statements.
Page 14

LORD BROCK TRUST (THE OLD OPERATING THEATRE MUSEUM AND HERB GARRET)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
General infomiation
The entity is a Charitable Incorporated Organisation registered with the Charities Commission for England
& Wales. Its registered number is CIO 1155078 and its registered address is The Old Operating Theatre
and Herb Garret, St Thomas's Church, 9a St Thomas Street, London, SE1 9RY, which is also its principle
place of operation. The principal activity is that of running a musuem.
Accounting policies
2.1 Basis of preparation of financial statements
The financial statements have been prepared in accordance wth the Charities SORP (FRS 1021
Accounting and Reporting by Charities= Ststement of Recommended Practice applicable to charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK
and Republic of Ireland (FRS 102) (effective 1 January 2019), the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.
The financial ststements have been prepared to give a Irue and fairf view and have departed from
the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true
and fair, view. This departure has involved followng the Charities SORP (FRS 102) published in
October 2019 rather than the Accounting and Reporting by Charities= Statement of Recommended
Practice effective from 1 April 2005 which has since been withdrawn.
Lord Brock Trust {The Old Operating Theatre Museum and Herb Garret) meets the definition of a
public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or
transaction value unless othe￿iSe stated in the relevant accounting policy.
2.2 Going Concem
Based on their assessment of the charitys finan￿S and general circumstances, the trustees are of
the opinion that the charity is a going concem for at least 12 months following the date on which the
balance sheet was signed.
2.3 Income
All income is recognised once the Charty has entitlement to the income, it is probable that the
income will be received and the amount of income receivable can be measured reliably.
Grants are included in the Statement of Financial Activities on a receivable basis. The balance of
income received for specific purposes bLrt not expended during the period is shown in the relevant
funds on the Balance Sheet. Where income is received in advan￿ of entitlement of receipt, its
recognition is deferred and induded in creditors as deferred income. Where entitlement occurs
before income is received. the income is accrued.
Income tax recoverable in relation to investment income is recognised at the time the investment
income is receivable.
Other income is recognised in the period in which it is receivable and to the extent the goods have
been provided or on completion of the service.
Page 15

LORD BROCK TRUST (THE OLD OPERATING THEATRE MUSEUM AND HERB GARRET)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies Icontinued)
2.4 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit
to a third party, it is probable that a transfer of economic benefits will be required in settlement and
the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs
of each activity are made up of the total of direct costs and shared costs, including support costs
involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly
to that activity. Shared costs which contribute to more than one activity and support costs which are
not attributable to a single activity are apportioned between those activities on a basis consistent with
the use of resources. Central staff costs are allocated on the basis of ts'me spent. and depreciation
charges allocated on the portion of the asset's use.
Expenditure on charitsble activities is incurred on directly undertaking the activities which further the
Charity's objectives, as well as any associated support costs.
All expenditure is indusive of irrecoverable VAT.
2.5 Interest receivable
Interest on funds held on deposit is induded vthen receivable and the amount can be measured
reliably by the Charity- this is normally upon notification of the interest paid or payable by the
institution with whom the funds are deposited.
2.6 Taxation
The Charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act
2010 and therefore it meets the definition of charitable company for UK corporation tax purposes.
Accordingly, the Charity is potentially exempt from taxation in respect of income or capital gains
received within catagories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section
256 of the Taxation of Chargeable Gains Act 1992. to the extent that such income or gains are
applied exclusively to chantable purposes.
2.7 Tangible fixed assets and depreciation
Tangible fixed assets costing £NIL or more are capitalised and recognised when future economic
benefits are probable and the cost or value of the asset can be measured reliably.
Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible
fixed assets are measured at cost less accumulated depreciation and any accumulated impaimient
losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be
included in the measurement of cost.
Depreciation is charged so as to allocate the cost of tsngible fixed assets less their residual value
over their estimated usefiJl live5,
Depreciation is provided on the foll0v￿ng basis=
Long-temi leasehold property
Fixtures and fittings
Computer equipment
Leasehold improvements
1% per annum on a straight line basis
25°/ per annum on a reducing balance basis
25% per annum on a reducing balance basis
30h per annum on a straight line basis
Page 16

LORD BROCK TRUST (THE OLD OPERATING THEATRE MUSEUM AND HERB GARRET)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies Icontinued)
2.8 Stocks
Stocks are valued at the loV￿r of cost and net realisable value after making due allowance for
obsolete and slow-moving stocks.
2.9 Debtor5
Trade and other debtors are recognised at the settlement amount after any trade discount offered.
Prepayments are valued at the amount prepaid.
2.10 Cash at bank and in hand
Cash at bank and in hand includes cash and short-temi highly liquid investments with a short maturity
of three months or less from the date of acquisition or opening of the deposit or similar account.
2.11 Liabilities
Liabilities are recognised vthen there is an obligation at the Balance Sheet date as a result of a past
event, it is probable that a transfer of economic benefit wll be required in settlement, and the amount
of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the
amount it has received as advanced payments for the goods or services it must provide.
2.12 Heritsge assets
The Charity holds a collection of objects and archives (comprising over 2,300 items) relating to the
types of medicines, treatments and surgery used and performed in the old St Thomas. Hospital and
which were primarily donated to the Museum. These items are of historic and scientific interest, are
made available to the public and meet the definition of a heritage asset. Given the unique nature of
many of the assets it is difficult to estimate or attribute a value to them and the cost of doing so is
considered detrimental and of no commensurate benefit to the Objects of the Trust. Therefore, as
pem)itted by the Charity SORP under exceptional circumstances, the assets are not recorded on the
balance sheet.
2.13 Financial instruments
The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial
instruments. Basic financial instruments are initially recognised at transaction value and subsequently
measured at their settlement value.
2.14 Cash Flow Exemption
The Charity, as a small reporting entity, has tsken advantage of the option not to publish a cash flow
statement.
Page 17

LORD BROCK TRUST (THE OLD OPERATING THEATRE MUSEUM AND HERB GARRET)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies Icontinued)
2.15 Fund accounting
General fvnds are unrestricted ￿ndS which are available for use at the discretion of the Trustees in
furtherance of the general objectives of the Charity and which have not been designated for other
purposes.
Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular
purposes. The aim and use of each designated fvnd is set out in the notes to the financial
statements.
Restricted funds are funds which are to be used in accordance specific restrictions imposed by
donors or which have been raised by the Charity for particular purposes. The costs of raising and
administering such funds are charged against the specific fund. The aim and use of each restricted
fund is set out in the notes to the financial statements.
Investment income, gains and losses are allocated to the appropriate fund.
Income from donations and legacies
Restricted Unrestricted
funds
funds
2024
2024
Total
funds
2024
Total
funds
2023
Grants
66,519
21,363
13,261
87,882
13,261
246,366
2,065
Donations
66,519
34,624
101,143
248,431
In the prior year restricted grant income totslled £142,507 and unrestricted grant income totslled
£103,859. All income from donations was unrestricted.
Income from charitable activities
Unrestricted
funds
2024
Total
funds
2024
Total
funds
2023
Museum income
309,176
309,176
187,487
Total 2023
187,487
187,487
Page 18

LORD BROCK TRUST (THE OLD OPERATING THEATRE MUSEUM AND HERB GARRET)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Investment income
Unrestricted
funds
2024
Total
funds
2024
Total
fund5
2023
Interest income
5.116
5.116
2,544
Total 2023
2,544
2,544
Other incoming resources
Unrestricted
funds
2024
Total
funds
2024
Total
funds
2023
Other income- insurance payout
4,083
Total 2023
4,083
4,083
Analysis of expenditure on charitable activities
Summary by fund type
Restricted Unrestricted
fvnds
funds
2024
2024
Total
2024
Total
2023
Operational costs of the Museum
12.422
322,336
334,758
299,278
Total 2023
6,832
292,446
299,278
Page 19

LORD BROCK TRUST (THE OLD OPERATING THEATRE MUSEUM AND HERB GARRET)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Analysis of expenditure by activities
Activities
undertaken
directly
2024
Support
costs
2024
Total
funds
2024
Total
funds
2023
Operational costs of the Museum
302,363
32,395
334,758
299,278
Total 2023
272.678
26,600
299,278
Page 20

LORD BROCK TRUST (THE OLD OPERATING THEATRE MUSEUM AND HERB GARRET)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Analysis of expenditure by activities (continued)
Analysis of direct costs
Total
funds
2024
Total
funds
2023
Agency Staff and Freelancers
Building Maintenance
Business Rates and Service Charge
Collection Management
Computer and Intemet
Consultancy
Engagement
Events
19,957
6,534
6,608
1,276
11,599
3,745
4,464
6,033
6,296
14,217
12,817
5,834
4,105
3,714
5,210
7,317
805
1,863
6,466
16,984
(6,400)
50,975
10,023
138,721
3,220
3,274
1,024
210
6,516
Marketing
Office
other
Projects
Shop Stock and Sundries
staff costs
3,574
22,716
176,850
3,727
1,455
1,370
1,011
10,931
Staff Training
Subscriptions
Volunteer Expenses
Utilities
Venue Hire
302,363
272,678
Page 21

LORD BROCK TRUST (THE OLD OPERATING THEATRE MUSEUM AND HERB GARRET)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Analysis of expenditure by activities (continued)
Analysis of support costs
Total
funds
2024
Total
funds
2023
Accountancy and Payroll
Depreciation
Insurance
Architects and Planning
10,764
10,061
11,570
13,158
3,754
8,402
1,286
32,395
26,600
Independent examinerfs remuneration
2024
2023
Fees payable to the Charity's independent examiner for the independent
examination of the Charity's annual accounts
4,140
4,410
10. Staff costs
2024
2023
Wages and salaries
Social security costs
Contribution to defined contribution pension schemes
159,958
5,486
11,406
125,540
5,126
8,055
176,850
138,721
The average number of persons employed by the Charity during the year was as follows..
2024
2023
Employees
14
Page 22

LORD BROCK TRUST (THE OLD OPERATING THEATRE MUSEUM AND HERB GARRET)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
10. Staff costs (continued)
No employee received remuneration amounting to more than £60,000 in either year.
Key management during the year comprised the Museum Director. The aggregate remuneration of key
management for the year amounted to £43.034 {2023.' £33.855).
11. Trustees, remuneration and expenses
During the year, no Trustees received any remuneration or other benefits (2023 - £NIL).
During the year ended 31 March 2024. no Trustee expenses have been incurred (2023- £NIL).
12. Tangible fixed assets
Long-temi
leasehold
propety
Leasehold
Computer improvement
equipment
Office
equipment
Total
Cost or valuation
At 1 April 2023
Additions
255,497
4,094
13,346
135,862
75.407
408,799
75,407
At 31 March 2024
255.497
4.094
13,346
211,269
484,206
Depreciation
At 1 April 2023
Charge for the year
18.946
2.555
2.444
413
10,325
755
306
32,021
10,061
6.338
At 31 March 2024
21.501
2.857
11,080
6,644
42,082
Net book value
At 31 March 2024
233.996
1.237
2,266
204,625
442,124
At 31 March 2023
236,551
1,650
3,021
135,556
376,778
13. Stocks
2024
2023
Shop Stock
6,471
9,634
Page 23

LORD BROCK TRUST (THE OLD OPERATING THEATRE MUSEUM AND HERB GARRET)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
14.
Debtors
2024
2023
Due within one year
Trade debtors
3,800
15,280
10,147
5,821
63,005
11,303
Other debtors
Prepayments and accrued income
29,227
80,129
15.
Creditors: Amounts falling due within one year
2024
2023
Trade creditors
other creditors
Accruals and deferred income
10,408
2,467
17,649
58,715
71
8,281
30,524
67,067
Page 24

LORD BROCK TRUST (THE OLD OPERATING THEATRE MUSEUM AND HERB GARRET)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
16. Statement of funds
statement of funds - current year
Balance at
31 March
2024
Balance at 1
April 2023
Transfers
inlout
Income Expenditure
Unrestricted funds
Designated funds
The Old Operating Theatre
236,551
(2,555)
233,996
General funds
General Funds
National Lottery
182,597
327,558
21.358
(316,207}
13.574>
8,456
(17.784}
202,404
182.597
348,916
(319,781 }
(9,328}
202,404
Total Unrestricted funds
419.148
348.916
(322,336}
(9,328}
436,400
Restricted funds
Guys & St.Thomas' Foundation
Contribution to Mend project-
Richard Upton
Arts Council MEND
TLB Urban Zen Garden
6.084
(6,084}
41.995
17.440
1,000
41,995
162,630
141.200
16.338>
10,328
(1,000)
141.200
66.519
(12.422)
9,328
204,625
Total of funds
560,348
415.435
(334,7581
641,025
Page 25

LORD BROCK TRUST (THE OLD OPERATING THEATRE MUSEUM AND HERB GARRET)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
16. Statement of funds {continued)
The designated fund represents the long lease on the charity's premises, The Old Operating Theatre. the
Trustees are of the opinion that this represents a designated fund, as expenditure relating to this cannot
be distributed or any relating income be spent, other than in accordance with the lease. The depreciation
of the lease is charged against this fund.
Restricted funds comprise..
Guy's & St Thomas, Foundation: A financial contribution was made to the Trust to cover the cost of the
Community Engagement Officer position for 1 day per week for 6 months.
Arts Council Mend.. This relates to a capitsl grant provided by the Arts Council to improve the charity's
leasehold property. The costs have been capitalised in line with the requirement of the grant and
depreciated over the assets useful life, vthich is estimated to be 35 years. The transfer in reflects the
contribution of costs from Lord Brock Trust to the Skylight project.
Page 26

LORD BROCK TRUST (THE OLD OPERATING THEATRE MUSEUM AND HERB GARRET)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
16. Statement of funds {continued)
statement of funds - prior year
Balance at
31 March
2023
Balance at
1 April 2022
Transfers
inlout
Income Expenditure
Unrestricted funds
Designated funds
The Old Operating Theatre
238,618
(2,067)
236,551
General funds
General Fund
National Lottery
173,933
196,179
103.859
(221,352}
(69.027>
33,837
(34.832}
182,597
173.933
300,038
(290,379}
{995}
182,597
Total Unrestricted funds
412.551
300.038
(292,446}
(995}
419,148
Restricted funds
Guys & St.Thomas' Foundation
Arts Council MEND
TLB Urban Zen Garden
4.530
(4,530}
{307)
(1,995}
141,507
1.000
141,200
995
4,530
142,507
(6,832}
995
141,200
Total of funds
417.081
442.545
(299,278>
560,348
Page 27

LORD BROCK TRUST (THE OLD OPERATING THEATRE MUSEUM AND HERB GARRET)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
17. Summary of funds
Summary of funds - current year
Balance at
31 March
2024
Balance at 1
April 2023
Transfers
inlout
Income Expenditure
Designated fvnds
General funds
Restricted funds
236.551
182,597
141.200
12.555>
(319,781}
(12,422}
233,996
202,404
204,625
348,916
66.519
(9,328)
9,328
560,348
415,435
(334,758)
641,025
Summary of funds - prior year
Balance at
31 March
2023
Balance at
1 April 2022
Transfers
inlout
Income Expenditure
Designated funds
General funds
238.618
173,933
4,530
(2,067}
(290,379)
(6,832)
236,551
182,597
141,200
300,038
142,507
(995)
995
Restricted funds
417,081
442,545
(299,278}
560,348
18. Analysis of net assets between funds
Analysis of net assets between funds - current period
Restricted Unrestricted
funds
funds
2024
2024
Total
funds
2024
Tangible fixed assets
Current assets
Creditors due wthin one year
204,625
237,499
229,425
(30,524)
442,124
229,425
(30,524)
Total
204.625
436,400
641,025
Page 28

LORD BROCK TRUST (THE OLD OPERATING THEATRE MUSEUM AND HERB GARRET)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
18. Analysis of net assets between funds Icontinued)
Analysis of net assets betW￿n funds - prior period
Restricted Unrestricted
funds
funds
2023
2023
Total
funds
2023
Tangible fixed assets
Current assets
Creditors due wthin one year
135,556
66,377
(60,733>
241,222
184,260
(6,334)
376,778
250,637
(67,067)
Total
141.200
419,148
560,348
19.
Related party transactions
The Charity has not entered into any related party transaction during the year, nor are there any
outstanding balances owing be￿en related parties and the Charity at 31 March 202412023.. None).
Page 29