2020-12-31-accounts - Jane Austen's House Museum

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		Page
Legal and administrative	information
Trustees' annual report		2-6
Statement ofTrustees'	responsibilities
Auditor's report to the	Trustees	8-9
Statement offinancial	activities	10
Balance sheet
Notes to the financial statements		12-24

			Unrestricted	Restricted	2020	Unrestricted	Restricted	2019
			funds	funds	Total	funds	funds	Total
		Notes	f		f	f		f
Income from:
Donations and	grants		269,269	241,574	510,843	107,474	16,014	123,488
Donated assets			170,450		170,450
Legacies						10,000		10,000
admissions			61,933		61,933	276,085		276,085
Investment income			2,138		2,138	3,453		3,453
Other income			4,946		4,946	8,019		8,019
Rental income			1,700		1,700	1,700		1,700
Total income			510,436	241,574	752,010	406,731	16,014	422,745
Expenditure on:
Raising funds			3,234		3,234	3,583		3,583
Charitable activities			226,271	203,624	429,895	415,683	80,644	496,327
Total expenditure			229,505	203,624	433,129	419,266	80,644	499,910
Net income/(expenditure)			280,931	37,950	318,881	(12,535)	(64,630)	(77,165)
Transfer between funds			633,738	(633,738)	-	13,275	(13,275)
Net movement in	funds		914,669	(595,788)	318,881	740	(77,905)	(77,165)
Reconciliation offunds:
Total funds brought	forward		1,277,869	655,310	1,933,179	1,277,129	733,215	2,010,344
Total funds carried forward			2,192,538	59,522	2,252,060	1,277,869	655,310	1,933,179

Asat 31stDece	mb	er 2020
					2020		2019
			Notes
Fixed assets
Tangible assets			11		22,436		32,186
Heritage assets			12		1,642,&63		1,466,972
Investments			13		100		100
					1,665,399		1,499,258
Current assets
Debtors			14	84,867		93,403
Cash at bank and	in	hand		532,228		382,771
				617,095		476,174
Creditors: amounts		falling
due within one	year		15	(30,434)		(42,253)
Net current assets					586,661		433,921
Total assets less current liabilities					2,252,060		1,933,179
Funds			16
Restricted funds			18		59,522		655,310
Designated funds					178,337		142,933
General unrestricted		funds			2,014,201		1,134,936
Total unrestricted	funds		17		2,192,538		1,277,869
Total funds					2,252,060		1,933,179

Donations
		Unrestricted	Designated	Restricted	2020	2019
		funds	funds	funds	Total	Total
		f	f		f	f
JASNA Fund			18,726		18,726	18,394
Jane's Fund			33,158		33,158	8,087
Roof appeal				47,849	47,849	11,674
Survival appeal		106,752			106,752
Small business COVID grants		28,000			28,000
Coronavirus Job Retention	Scheme grant			52,979	52,979
National Lottery Heritage	Fund emergency			123,000	123,000
John Murray Charitable Trust		10,000			10,000
Art fund —Mary Pearson				3,000	3,000
Art fund —Jane at Home				8,200	8,200
Beecroft grant —Mary Pearson				3,816	3,816
The Aurelius Charitable Trust						4,000
The Hartnett Conservation						3,000
Patricia Routledge Charitable Trust						2,000
Acquisitions Fund						24,172
Heritage Lottery Resilient	Fund					3,518
Heritage Lottery Fund Collecting Cultures						5,461
South East Museum Development						2,000
Programme Improvement	Grant
Association ofIndependent	Museums					4,750
Conservation Grant
Gift aid payment from subsidiary		41,935			41,935	2,600
Sundry donations and grants		26,330	4,368	2,730	33,428	33,832
		213,017	56,252	241,574	510,843	123,488

Investment	income
						Unrestricted		2020	Unrestricted		2019
							funds	Total		funds	Total
							6	6		6	E
Interest receivable from			group	undertakings			2,007	2,007		3,021	3,021
Bank interest receivable							131	131		244	244
Commission										188	188
							2,138	2,138		3,453	3,453
Fundraising
						Unrestricted		2020	Unrestricted		2019
							funds	Total		funds	Total
							6	6		6	f
Advertising	and publicity						3,234	3,234		3,583	3,583
							3,234	3,234		3,583	3,583
Charitable	activities
			Unrestricted		Designated	Restricted	2020	Unrestricted		Restricted	2019
				funds	funds	funds	Total	funds		funds	Total
				6	f	6	6		6	f	g
Wages				110,951		116,985	227,936	189,743			189,743
Employer's	NIC			11,267			11,267	13,215			13,215
Employer's	pension costs			8,603			8,603	9,815			9,815
Project expenses				745	9,174	73,033	82,952	68,447		80,644	149,091
Conservation	ofexhibits			879			879	2,208			2,208
Governance	&support	costs		84,652		13,606	98,258	132,255			132,255
				217,097	9,174	203,624	429,895	415,683		80&644	496,327

						Unrestricted	Unrestricted	Restricted	2020	Unrestricted	2019
							funds	funds	Total	funds	Total
							6	f	6	6	f
Support costs
Upkeep ofgarden							5,059		5,059	5,995	5,995
Rates							603		603	1,666	1,666
Light and heat							3,133	735	3,868	4,650	4,650
Computer and software							8,239	3,237	11,476	11,323	11,323
Telephone							414	234	648	795	795
Insurance							10,977	6,486	17,463	14,326	14,326
Repairs and	maintenance						8,957	1,430	10,387	8,011	8,011
Retail terminal, transaction and				equipment		costs	1,140	1,190	2,330	6,548	6,548
Depreciation	offixtures		and fittings				20,089		20,089	11,568	11,568
Postage and	packaging						160		160	218	218
Cleaning							3,925	294	4,219	15,669	15,669
Staff and volunteer		travel					1,101		1,101	9,377	9,377
Office stationery							998		998	2,009	2,009
Fundraising	and training		expenses				1,404		1,404	1,418	1,418
Miscellaneous							1,689		1,689	2,082	2,082
Bank interest	and charges						677		677	1,019	1,019
Staff and volunteer		refreshments					446		446	1,233	1,233
Irrecoverable	VAT						6,669		6,669	20,038	20,038
Recruitment										800	800
Loss on disposal offixed			asset				3,059		3,059	3,802	3,802
Governance	costs
Audit fees							3,300		3,300	3,300	3,300
Accountancy	fees						2,515		2,515	2,250	2,250
Professional	fees									3,356	3,356
Travel							98		98	803	803
							84,652	13,606	98,2SB	132,255	132,255
Net incoming resources for the year
										2020	2019
										6	f
Net incoming	resources		is stated	after charging:
Depreciation	and other		amounts	written	off	tangible	fixed assets			23,195	15,370
Auditors' remuneration										3,300	3,300
Auditors' remuneration			from non-audit		work					2,515	2,250

Employees
		2020	2019
Employment	costs	E	E
Total wages and salaries		251,344	297,389
Less recharged	to J A H M Trading	(11,958)	(78,810)
l.ess recharged	to projects	(11,450)	~28,836
		227,936	189,743
Social security	costs	11,267	13,215
Pension costs		8,603	9,815
		247,806	212,773

The average	year was as follows:
	2020	2019
	Number	Number
Retail		7
Museum		11
		18

Tangible fixed assets
	Fixtures and	Computer
	fittings	Equipment	Total
	E	E
Cost
At 1"January 2020	65,552	15,694	81,246
Additions	12,040		12,040
Disposals	(13,620)	(3,307)	(16,927)
At 31*'December 2020	63,972	12,387	76,359
Depreciation
At 1u January 2020	39,788	9,272	49,060
Charge for the year	15,959	4,130	20,089
Eliminated in respect ofdisposals	(13,040)	(2,186)	(15,226)
At31"December 2020	42,707	11,216	53,923
Net book values
At 31"December 2020	21,265	1,171	22,436
At31"December 2019	25,764	6,422	32,186

							Freehold Improvements	Freehold Improvements	Freehold Improvements
							property		to property	Exhibits	Total
								f	f	f	f
Cost
At 1"January	2020						62,500		971,744	432,728	1,466,972
Additions										177,250	177,250
Disposals									(1208)	(151)	(1,359)
At 31"December 2020							62,500		970,536	609,827	1,642,863
Depreciation
At 1"January	and 31"December			2020
Net book values
At 31"December 2020							62,500		970,536	609,827	1,642,863
At 31"December 2019							62,500		971,744	432,728	1,466,972
The heritage assets		are of	historic	importance	and include		E1,033,439which relates to the cost ofthe building and
subsequent capital		improvements.		The original	building was built in the seventeenth century and was the home of
Jane Austen. This building			is open	to the public.		The remaining		f609,377 relates to exhibits which are connected
to Jane Austen	or her family which			the Charity	holds to exhibit			in the museum.
Five year summary		ofheritage asset transactions
						2020 f		2019 f	2018f	2017f	2016f
Additions
Improvements	to property							27,490	1,252	7,799	2,785
Exhibits						177,250		41,076	4,300	74,066	38,000
Total additions						177,250		68,566	5,552	81,865	40,785
~DIs os Is
Improvements	to property					805		403
Exhibits						601		3,399
Total disposals						1,406		3,802


Fixed asset investments	Subsidiary
	undertakings
	shares	Total
	f	f
Cost
At 1January 2020 and
At31December 2020	100	100

Debtors
				2020	2019
				f	f
Grants receivable					13,512
Amounts owed	by subsidiary		undertakings	79,493	72,663
Other debtors				2,073	1,874
Prepayments and accrued income				3,301	5,354
				84,867	93,403
Creditors: amounts		falling	due within one year
				2020	2019
				f	f
Other taxation	and social security			4,361	4,360
Trade creditors				6,609	6,914
Other creditors				13,284	21,817
Accruals and deferred		income		6,180	9,162
				30,434	42,253

			Unrestricted	Designated	Restricted	Total
			funds	funds	funds	funds
			f	f	f
Fund balances at 31December 2020as represented		by:
Tangible	fixed assets		22,436			22,436
Heritage	assets		1,642,863			1,642,863
Investments			100			100
Current	assets		379,236	178,337	59,522	617,095
Current	liabilities		(30,434)			(30,434)
			2,014,201	178,337	59,522	2,252,060
			Unrestricted	Designated	Restricted	Total
			funds	Funds	funds	funds
			f	f	f	f
Fund balances at 31December 2019as represented		by:
Tangible	fixed assets		32,186			32,186
Heritage	assets		837,060		629,912	1,466,972
Investments			100			100
Current	assets		307,843	142,933	25,398	476,174
Current	liabilities		(47,253)			(42,253)
			1,134,936	142,933	655,310	1,933,179

Unrestricted	Unrestricted	funds		At				At
				1"January	Incoming	Outgoing	31"December
				2020	resources	resources	Transfers	2020
				6				6
Unrestricted		funds		1,134,936	454,184	(220,331)	645,412	2,014,201
Designated	funds:
JASNA (conservation)			fund	26,004	18,726	(3,638)		41,092
Jane's fund				25,734	33,158	(341)	(11,674)	46,877
Acquisitions		fund		44,148				44,148
Development		fund		47,047	1,000	(5,045)		43,002
Education	fund				3,368	(150)		3,218
Designated	funds:			142,933	56,252	(9,174)	(11,674)	178,337
				1,277,869	510,436	(279,505)	633,738	2,192,538
				At				At
				1"January	Incoming	Outgoing	31"December
				2019	resources	resources	Transfers	2019
				E				6
Unrestricted	funds			1,097,758	324,404	(354,172)	66,946	1,134,936
Designated	funds:
JASNA (conservation)			fund	23,115	18,393	(15,529)	25	26,004
Jane's fund				54,006	29,762	(34,164)	(23,870)	25,734
Acquisitions		fund		50,000	24,172	(198)	(29,826)	44,148
Development		fund		52,250	10,000	(15,203)		47,047
Designated	funds:			179,371	82,327	(65,094)	(53,671)	142,933
				1,277,129	406,731	(419,266)	13,275	1,277,869


Restricted funds								At				At
								1January	Incoming	Outgoing		31December
								2020	resources	resources	Transfers	2020
								f	f	f		f
Conservation Fund								113,792			(113,792)
Heritage Lottery Fund								516,120			(516,120)
Heritage Lottery Resilient				Fund				20,648	730	(22,108)	730
AIM Conservation		Fund						4,750		(4,750)
Mary Pearson Portrait			Fund						6,817	(17)	(6,800)
Jane at Home Fund									10,200	(10,200)
RoofAppeal Fund									47,848		11,674	59,522
Coronavirus Job Retention				Scheme					52,979	(52,979)
National Lottery Heritage				Emergency			Fund		123,000	(113,570)	(9,430)
								655,310	241,574	(203,624)	(633,738)	59,522
								At				At
								1January	Incoming	Outgoing		31December
								2019	resources	resources	Transfers	2019
								f	f			f
Conservation Fund								113,792				113,792
Heritage Lottery Fund								516,120				516,120
Collecting Cultures		Grant						31,573	5,461	(25,759)	(11,275)
Heritage Lottery Resilient				Fund				71,730	3,518	(54,600)		20,648
South East Museum		Development				Programme			2,000		(2,000)
AIM Conservation	Fund								4,750			4,750
Alton Town Council		Volunteers			Grant				285	(285)
								733,215	16,014	(80,644)	(13,275)	655,310

Name of	undertaking	Registered office	Registered office	Nature	ofbusiness	Class ofshares held	SE Held
J A H M Trading		England	& Wales	Retail sales at Jane		Ordinary	100
Company	Limited			Austen's	House Museum

			2020	2019
			E	6
Retail staff			11,958	41,090
Management,	finance and support staff			37,720
Staff overheads				865
Cybertill transaction		charges	1,989	4,550
Marketing				3,555
Building repair	and	maintenance	437	4,040
Utilities			527	1,115
Insurance			1,596	2,730
ITand telecoms			360	2,120
General office expenses				1,575
Rent			1,700	1,700
			18,567	101,060

							2020	2019
							6	6
Financial	assets
Debt instruments		measured		at	amortised	cost:
—Grants receivable (note 14)								13,512
—Amounts	owed	by subsidiary			undertakings	(note 14)	79,493	72,663
							79,493	86,175
Financial	liabilities
Measured	at amortised		cost
-Trade creditors (note			15)				6,609	6,914
-Other creditors		(note	15)				13,284	21,817
							19,893	28,731