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2021-03-31-accounts

Legal and administrative details
Trustees report
Report ofthe Independent Examiner
Statement of Financial Activities
Balance Sheet 10
Notes tothe Financial Statements
Company registration registration number: 08783933
Charity registration number: 1155456
Registered office: Wycombe
Museum
The Greenway
High Wycombe
HP13 6PX
Trust Board: Stephen
Mills (Chair
and Company Secretary)
Jenifer Baker OBE
Rebecca Baxter (appointed 15February 2021, resigned 18
October 2021)
Mark Bilsborough (resigned 19October 2020)
Jim Foy (appointed 16November 2020)
Anthony
Green
Simon Kearey (resigned 22 November 2021)
Roberto Mariano (appointed 16November 2020)
Stephen
Milner (appointed
18January 2021)
Jennifer Milton
Eva Neupauer-Jones (resigned 14December 2020)
Auriol Pettit
Bankers: Metro Bank PLC
Unit 81-113
2 Eden Walk
High Wycombe
HP11 2AW
Chartered Accountants: Whitley Stimpson Ltd
29-31Castle Street
High Wycombe
HP13 6RU

Unrestricted Restricted Total Total
Note funds
f
funds
f
2021f 2020
f
Income from
Donations
and grants
Donations
and grants
26,654 187,603 214,257 18,175
Coronavirus
Job Retention
Scheme 75,983 75,983
Wycombe
District Council
grant 208,667 208,667 248,216
Income from charitable activities
Operation
as a museum
1,355 1,355 1,986
Learning activities 217 217 6,979
Income from other trading activities
Ancillary trading activities 8,556 8,556 79,221
Friends membership 757 757 1,058
Total Income 322,207 187,603 509,810 355,635
Expenditure
on
Raising funds
Commercial
trading operations
19,179 19,179 118,403
Expenditure
on charitable
activities
Operation
as a museum
242,040 119,283 361,323 236,608
261,219 119,283 380,502 355,011
Netincome/(outgoings) 60,988 68,320 129,308 624
Transfers between
funds
10,770 (10,770)
Net movementin
funds
71,758 57,550 129,308 624
Total funds brought
forward
6,702 10,783 17,485 16,861
Total funds carried forward 7&,460 68,333 146,793 17,485

nalysis ofexp enditure
Ancilliary Operation
as
2021
trading activities
f
a museum
f
Total
Unrestricted funds
Direct costs 6,434 886 7,320
S~uorC casts
Professional fees 1,209 20,967 22,176
Staff costs 9,195 177,575 186,770
Office costs 481 4,325 4,806
Premises costs 1,106 22,073 23,179
Utilities 9,400 9,400
Publicity and marketing 409 614 1,023
Insurance 293 5,567 5,860
Other costs 52 633 685
19,179 242,040 261,219
Restricted funds
Direct costs 42,582 42,582
Staff costs 76,701 76,701
2021Totals 19,179 361,323 380,502
Ancillary Operation
as
2020
trading activities
E
a museum
f
Total
Unrestricted funds
Direct costs 46,607 1,707 48,314
S~Uort costs
Professional fees 1,016 22,126 23,142
Staff costs 61,574 165,820 227,394
Office costs 615 5,539 6,154
Premises costs 1,831 16,179 18,010
Utilities 9,242 9,242
Publicity and marketing 2,088 3,132 5,220
Insurance 138 2,617 2,755
Other costs 4,534 588 5,122
118,403 226,950 345,353
Restricted funds
Direct costs 3,613 3,613
Staff costs 6,045 6,045
2020Totals 117,403 236,608 355,011

2021 2020
Average monthly number 21 21
Full-time equivalent
angible f ixed assets
Office Plant 5 Museum
equipment
f
machinery
f
Website
f
equipment
f
Tota
I
f
Cost
At 1April 2020 7,974 2,868 10,842
Additions 6,968 3,802 10,770
At 31March 2021 7,974 2,868 6,968 3,802 21,612
Depreciation
At 1April 2020 7,176 1,166 8,342
Provided in year 798 717 232 232 1,979
At 31March 2021 7,974 1,883 232 232 10,321
Net book value 985 6,736 3,570 11,291
at31March 2021
Net book value 798 1,702 2,500
at 31March 2020
2021 2020
f f
Trade debtors 420
Prepayments and accrued income 480 2,647
480 3,067

2021 2020
f f
Trade creditors 225
Accruals 19,369 4,441
Deferred income 5,593 63,650
25,187 68,091
estricted funds
Opening Closing
funds funds
01/04/20
f
Income
f
Expenses
f
Transfers 31/03/21
f
Red Lion fund 145 60 205
Woodland
trail
9,030 (2,222) (1,020) 5,788
Level up collections &
training 1,108 (750) 358
Culture
Recovery Fund
89,137 (64,734) 24,403
Arts Council England
Emergency
Fund
28,897 (21,929) (6,968)
Heart of Bucks
—EDEN project 5,000 (5,000)
Art Fund —EDEN project 31,500 (12,640) (2,782) 16,078
The Big Give 4,141 4,141
Red Kite
—collections store 10,000 10,000
SSECommunity
Business Trade -up
funding 9,083 (2,321) 6,762
The Church
Urban
Fund
—Windrush
project
9,785 (9,687) 98
Other funding 500 500
10,783 187,603 (119,283) (10,770) 68,333

2021 2020
f f
As at 1April 2020 6,702 11,652
Income 322,207 340,403
Expenses (261,219) (345,353)
Transfers —restricted funds 10,770
As at 31March 2021 78,460 6,702

nalysis of net assets betw een funds
Tangible Current Current
fixed assets assets liabilities Total
f f f f
Unrestricted funds 11,291 92,356 (25,187) 78,460
Restricted funds 68,333 68,333
2021total funds 11,291 160,689 (25,187) 146,793