2023-01-31-accounts - Keswick Museum And Art Gallery Management Limited

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		Page
Charity Information
Trustees' Report
Independent Examiner's	Report
Statement of Financial	Activities
Statement of Financial	Activities - Comparative
Balance Sheet
Notes to the Financial Statements		12	- 18

for the year ended 31Janua	ry 2023
			31	January	2023			31January 2022
		Notes	Unrestricted	Restricted		Designated	Total	Total
						Funds
			f	f		6
INCOME
Donations, legacies and grants
Donations and giRs		3	3,760	5,250			9,010	9,826
Legacies receivable			262,749				262,749
Grants receivable		4	14,000	125,243			139,243	215,592
Income from charitable	activities
Museum Activites		5	35,591				35,591	28,931
Other trading activities
Fundraising		6	622				622
Trading income		7	39,137				39,137	29,142
Income from investments			50				50	7
Total Income			355,909	130,493			486,402	283,498
EXPENDITURE
Costs ofraising funds
Fundraising costs		8	6,711				6,711	6,075
Expenditure In charitable	activities
Charitable activities		9	174,482	77,896			252,378	202,244
Total expenditure			181,193	77,896			259,089	208,319
Net Income before transfers			174,716	52,597			227,313	75,179
Transfers between funds			(151,668)		-	151,668
Total funds brought forward			49,947	18,349		90,786	159,082	83,903
Total funds carried forward		17	72,995	70,946		242,454	386,395	159,082

for the year ended	31Janua	ry 2022
			31	January 2022
			Unrestricted	Restricted	Designated	Total
					Funds
				f	6
INCOME
Donations and	legacies
Donations	and gifts		9,826			9,826
Legacies	receivable
Grants receivable			49,365	166,227		215,592
Income from charitable		activities
Museum	Activites		28,931			28,931
Other trading activities
Fundralsing
Trading income			29,142			29,142
Income from investments			7			7
Total Income			117,271	166,227		283,498
EXPENDITURE
Costs of raising funds
Fundraislng costs			6,075			6,075
Expenditure In charitable		activities
Charitable activities			86,290	115,954		202,244
Total expenditure			92,365	115,954		208,319
Net Income before	transfers		24,906	50,273		75,179
Transfers between funds				(39,013)	39,013
Total funds brought	forward		25,041	7,089	51,773	83,903
Total funds carried	forward		49,947	18,349	90,786	159,082

Statement of Flnanlcal	Statement of Flnanlcal	Position
as at 31 January 2023
			Notes	31January 2023 f	31January f	2022 f
Fixed Assets
Tangible fixed assets			12
Current Assets
Stock				3,896	3,627
Debtors			13	2,922	2,087
Cash at bank and in	hand			392,586	169,169
				399,404	174,883
Creditors: amounts	falling	due	within one year
Creditors and accruals			14	13,009	15,801
Net Current Assets				386,395		159,082
Total Assets less Current		Liabilities		386,395		159,082
NET ASSETS				386,395		159,082
Funds
Unrestricted funds			15	72,995		49,947
Restricted funds				70,946		18,349
Designated funds				242,454		90,786
			16	386,395		159,082

th	e year ended 31J	an	uary 2023
					31 January 2023
				Unrestricted f	Restricted 6	Designated 6	Total f	31 January 2022 f
3	Donations
	Sundry Donations			781	1,250		2,031	3,289
	Friends Donations				4,000		4,000	3,382
	Gift Aid			2,979			2,979	3,155
				3,760	5,250		9,010	9,826
4	Grants receivable
	Allsrdals Borough	Council		14,000			14,000	35,656
	JRS Grant Support							12,099
	Arts Council				41,210		41,210
	Cumbria Community		Foundation		4,500		4,500
	MDNW Rapid Reopening							1,610
	MDNW Volunteering							7,500
	NHLF Grant				77,018		77,018	24,000
	AIM Grant				1,265		1,265
	Arnold Clark				1,000		1,000
	Ksswick Lions				250		250
	ACE COVID Support		Grant					134,727
				14,000	125,243		139,243	215,592
5	Museum Activites
	Admission Charges			29,606			29,606	25,205
	Room Hire			1,952			1,952	1,405
	Learning and Education			3,215			3,215	2,321
	Other Income			818			818
				35,591			35,591	28,931
6	Fundralslng
	Victorian Fayre			622			622
				622			622
7	Trading Income
	Retail Sales			12,348			12,348	11,258
	Catering Franchise			26,789			26,789	17,884
				39,137			39,137	29,142
8	Costs ofraising funds
	Trading Expenses
	Cost ofSales			6,479			6,479	6,075
	Other fundraislng	costs		232			232
				6,711			6,711	6,075

					31 January 2023
				ijnrestrlcted 6	Restricted f	Total f	31 January 2022 6
9	Charitable	activities
	Exhibition	and Project	Costs	7,659	38,314	45,973	25,273
	Staff costs			103,316	19,809	123,125	107,934
	Administration			12,344	3,043	15,387	12,404
	Marketing	and Advertising		10,556	10,375	20,931	16,891
	Premises	and other costs		36,867	6,355	43,222	36,506
	Interest and charges			840		840	836
	Legal and	professional		2,900		2,900	2,400
				174,482	77,896	252,378	202,244
10	Employee	Remuneration		31January2023 6			31 January 2022 f
	Staff costs
		Wages			115,515		106,427
		Employers	NIC		2,109
		Employers	Pension		1,921
		Travel			518		601
		Staffing on	costs		513
		Recruitment			990
		Staff training			1,559		906
					123,125		107,934

31	January	2023	31	January 2022
	No.			No.

Direct	staff
Admin	and	office	staff

12	Tangible Fixed Asse	ts
			Computer
			Equipment	Total
			5
	COST
	At 1 February 2022		1,410	1,410
	Additions
	At 31 January2023		1,410	1,410
	DEPRECIATION
	At 1 February 2022		(1,410)	(1,410)
	Charge for year At 31 January 2023		~1„41~)	1,410
	NET BOOK VALUE
	At 31January 2023
	At 31January 2022
13	Debtors		31 January 2023 f	31 January 2022 5
	Trade debtors		982	133
	Other debtors		85	89
	Prepayments		1,855	1,865
			2,922	2,087
14	Creditors: amounts	falling due within	one year
			31 January 2023 f	31 January2022 f
	Trade creditors		7,416	10,979
	Other taxation	&social security	2,540	2,155
	Accruals		220
	Deferred income		2,833	2,667
			13,009	15,801

Funds		At	Incoming	Outgoing		At
		1 February				31January
		2022	Resources	Resources	Transfers	2023
Projects 8 Restricted funds		f	6	f	f	5
MDNW Volunteering		7,500		(7,500)
NHLF 2020 Exhibitions		(3,878)	5,227	(1,349)
NHLF Big Science 2023			32,434	(143)		32,291
ACE COVID Recovery		(1,815)	23,220	(21,405)
NHLF Evolving Exhibtion		16,542	19,200	(34,523)		1,219
NHLF Communltys Voice			20,157	(7,111)		13,046
ACE Opening the Store	Door		21,990	(908)		21,082
AIM Collections Care			965	(965)
AIM Training Grant			300	(300)
Arnold Clark Community	Grant		1,000	(1,000)
Tuesdays Tonic			6,000	(2,692)		3,308
		18,349	130,493	77,896		70,946
Designated funds
Refurbishment Reserve		17,454				17,454
Future Projects Reserve		34,319			15,681	50,000
Resilience Reserve		39,013			135,987	175,000
		90,786			15,681	242,454

Funds Comparative at 31January	Funds Comparative at 31January	Funds Comparative at 31January	2022	2022
				At	Incoming	Outgoing		At
			1	February				31 January
				2021	Resources	Resources	Transfers	2022
	Projects &Restricted funds MDNW Volunteering			f	f 7,500	f	6	f 7,500
	HLF 2020 Exhibitions			7,089		(10,967)		(3,878)
	ACE COVID Recovery				134,727	(97,529)	(39,013)	(1,815)
	NHLF Evolving Exhibtion				24,000	(7,458)		16,542
				7,089	166,227	115,954	39,013	18,349
	Designated funds Refurbishment reserve			17,454				17,454
	Investment reserve			34,319				34,319
	Resilience Reserve						39,013	39,013
				51,773			39,013	90,786
16	Net Assets by fund		Unrestricted f		Restricted 6	Designated f		Totalf
	Tangible Sxed assets
	Current assets			86,004	70,946	242,454		399,404
	Creditors: amounts	felling due		(13,009)				(13,009)
	within one year
	Total net assets			72,995	70,946	242,454		386,395
	Net Assets by fund	Comparative		at 31 January 2022
			Unrestricted f		Restricted f	Designated 6		Totalf
	Tangible fixed assets
	Current assets			65,748	18,349	90,786		174,883
	Creditors: amounts	falling due		(15,801)				(15,801)
	within one year
	Total net assets			49,947	18349	90786		159,082

					31 January 2023	31January 2022
INCOME
Donations		and Legacies
Donations		and gifts
		Sundry Donations			2,031	3,289
		Friends Donations			4,000	3,382
		Gift Aid			2,979	3,155
Legacies		receivable			9,010	9,826
		Legacy received			262,749
					262,749
Grants	receivable
		AUerdale Borough Council JRS Grant Support			14,000	35,656 12,099
		Arts Council			41,210
		Cumbrla Community		Foundation	4,500
		MDNW Rapid	Reopening			1,610
		MDNW Volunteering				7,500
		NHLF Grant			77,018	24,000
		AIM Grant			1,265
		Arnold Clark			1,000
		Keswlck Lions			250
		ACE COVID Support		Grant		134,727
Income	from charitable		activities		139,243	215,592
Museum	Activites
	Admission Charges				29,606	25,205
		Room Hire			1,952	1,405
		Learning and EducaUon			3,215	2,321
	Other Income				818
					35,591	28,931
Other trading actlvltes
Fundralslng
	Victorian Fayre				622
					622
Trading	income
	Retail Sales				12,348	11,258
	Catering Franchise				26,789	17,884
Investment		income			39,137	29,142
	Bank interest received				50
					50
Total Income					486,402	283,498

				31January 2023 f f	31January 2022 f f	31January 2022 f f
Income, brought forward				486,402		283,498
Expenditure
Costs ofraising funds
Trading Expenses
	Cost ofSales			6,479	6,075
	Other fundraising costs			232
				6,711		6,075
Exhibition	and Project Costs
	Collections costs			2,383		478
	Exhibition costs			11,759	2,090
	Learning and engagement		costs	20,831	2,773
	Volunteer review			11,000
		ivIDNW Rapid Reopening			1,507
		NHLF Evolving Exhibtions	costs		7,458
		HLF 2020 Exhibitions costs			10,967
				45,973		25,273
Staff costs
	Wages			115,515	106,427
		Employers NIC		2,109
		Employers Pension		1,921
		Curator
		Learning wages costs
	Travel			518		601
		Staffing on costs		513
		Recruitment		990
		Staff training		1,559		906
		Refreshments and volunteer costs		421
		Postage, telephone and broadband			2,340
		Telephone		1,450
		General expenses			1,105
		Computer &website expenses		7,777
		Subscriptions		734		366
		Trustee travel expenses		1,595		315
				15,387		12,404
Marketing	and Advertising
		Advertising and marketing		20,931	16,891
				20,931		16,891
Expenditure		Carried Forward		212,127		168,577