2021-03-31-accounts - Cambridge Museum Of Technology

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CONTENTS;				PAGE:
Company	Information
Trustees'	Report			2-4
Independent Examiner's			Report
Statement	ofFinancial	Activities
Balance	Sheet
Statement	ofCash Flows
Notes to	the Financial	Statements		9-16

COMPANY INFORMATION:
C~TRUSTEES:	John Adrian Sheppard
	John Kenneth Little
	Michael Howard Blackburn
	Nicola Hughes (resigned	on 03/05/22)
	Lucy Thompson
	Laura Carnicero
	Richard Frank Mitchell	(appointed	on 15/04/21)
	Nick Plaister (appointed	on 08/06/22)
	Steven Kruse (appointed	on 17/06/21)
	Anne French (appointed	on 19/05/22)
CHARITY REGISTRATION NUMBER:	1156685
REGISTERED OFFICE:	The Old Pumping Station
	Cheddars Lane
	Cambridge
	Cambridgesbire
	CB58LD
INDEPENDENTE~R:	Ian W Shipley FCCA
	For and on behalf of
	Prentis /k Co LLP
	Chartered Accountants
	115cMilton Road
	Cambridge
	CB4 1XE
BANKERS:	CAF Bank
	25 Kings Hill Avenue
	Kings HIII
	West Mailing
	Kent
	ME194JQ

STATEMENT OF FINANCIAL ACTIVITIES	STATEMENT OF FINANCIAL ACTIVITIES
			Unrestricted	Restricted	Total Funds
CURRENT YEAR		Note	Funds	Funds	2022
INCOME FROM
Charitable activities			46,782		46,782
Grants and donations			99,835		99,835
Investment income			9		9
TOTAL INCOME			146,626		146,626
EXPENDITURE ON:
Charitable activities			102,398	96,730	199,128
Raising funds			9,580		9,580
TOTAL EXPENDITURE			I]1,978	96,730	208,708
NET MOVEMENT	IN FUNDS FOR THE YEAR		34,648	(96,730)	(62,082)
RECONCILIATION	OF FUNDS
Total Funds at 1st April 2021			420	1,546,480	1,546,900
Total Funds at 31stMarch 2022			35,068	1,449,750	1,484, 818
PRIOR YEAR			Unrestricted	Restricted	Total Funds
		Notes	Funds	Funds	2021
INCOME FROM:
Charitable activities			21,006		21,006
Grants and donations			66,719	5,90]	72,620
Investment income			7		7
TOTAL INCOME			87,732	5,901	93,633
EXPENDITURE ON:
Charitable activities			77,046	45,326	122,372
Raising funds			365		365
TOTAL EXPENDITURE			77,411	45,326	122,737
NET MOVEMENT	IN FUNDS FOR THE YEAR		10,321	(39,425)	(29,104)
RECONCILIATION	OF FUNDS
Total Funds at 1stApril 2020			(9,901)	1,585,905	1,576,004
Total Funds at 31stMarch 2021			420	1,546,480	1,546,900

BALANCE SHEET
		Notes	2022		2021
FIXEDASSETS
Tangible assets		10		1,598,997		1,630,707
TOTAL FIXEDASSETS C~ASSETS				1,598,997		1,630,707
Stock			150		150
Debtors Cash at bank TOTAL~ASSETS			2,778 48,929 51,857		200 67,333 67,683
CREDITORS'i Amounts	Sdling
due within one year		12	78,518		101,490
NETC~ASSETS				(26,661)		(33,807)
TOTAL ASSETSLESS	CURRENT
LIABILITIES				1,572,336		1,596,900
CREDITORS: Amounts	falling
dne after more thnn one	year	13		(87,518)		(50,000)
NBT ASSETS				1,484,818		1,546,900
THE FUNDS OFTHE CHARITY
Restrichid funds				1,449,750		1,546,480
Unrestricted funds				35,068		420
TOTAL CHARIIY FUNDS		14		1,484,818		1,546,900

	Note	2022	2021
CASH PROVIDED/(USED IN) BYOPERATING ACTIVITIES	18	(15,293)	7,442
CASH FLOWS FROM INVESTING ACTIVITIES
Bank interest		9	7
Purchase offixed assets		(3,120)	(4,500)
NET CASH USED IN INVESTING ACTIVITIES		(3,111)	(4,493)
CASH FLOWS FROM FINANCIAL ACTIVITIES
Cash infiows )rom new borrowing			(10,000)
NET CASH PROVIDED BYFINANCIAL ACTIVITIES			(10,000)
CHANGE IN CASH DURING THE YEAR		(18,404)	(7,051)
TOTAL CASH AT THE BEGINNING OF THE YEAR		67,333	74,384
TOTAL CASH AT THE END OF THE YEAR		48,929	67,333

GRANTS	A	ND DON	A	TIONS - CURRENT YEAR			Total
					Unrestricted	Restricted	Funds
					Funds	Funds	2022
					6
Donations	(including		Gift Aid)		14,361		14,361
Cambridge	City Council				502		502
ACE					23,058		23,058
COVID Grants and JRS					8,832		8,832
Arts Council		grant			9,882		9,882
Green Business grant					10,000		10,000
Architectural		Heritage		Fund	33,200		33,200
					99,835		99,835
GRANTS	AND DONATIONS - PRIOR YEAR						Total
					Unrestricted	Restricted	Funds
					Funds	Funds	2021
Donations	(including		Gift Aid)		19,768		19,768
HLF Project
- Cambridge		City Council				589	589
-Pye History		Trust				312	3]2
-ACE					15,000	5,000	20,000
- COVID	Grants and		JRS		31,951		31,951
					66,719	5,901	72,620
CHARITABLE INCOME						Total	Total
						Unrestricted	Unrestricted
						Funds	Funds
						2022	202]
Admissions						19,965	5,884
Events (including EH)						19,378	]4,424
Education	visits					21	176
Membership		(including		Gift Aid)		1,070	502
Shop sales						3,070	20
Other income		(including		services and training)		3,278
						46,782	21,006
INVESTMENT INCOME						Total	Total
						Unrestricted	Unrestricted
						Funds	Funds
						2022	2021
Bank interest		receivable				9	7

EXPENDITURE ON CHARITABLE ACTIVITIES BYFUND TYPE	EXPENDITURE ON CHARITABLE ACTIVITIES BYFUND TYPE			Total
—CURRENT YEAR		Unrestricted	Restricted	Funds
		Funds	Funds	21722
Salaries		27,640		27,640
Site maintenance		10,079	30,238	40,317
Utilities		12,454		12,454
Rates		956		956
Coke and	gas	238		238
Collection	management	500		500
Insurance		6,987		6,987
Legal and	accounting	20,421		20,421
Engineer's	House	13,222		13,222
Miscellaneous		5,0]2	19,531	24,543
Depreciation		4,889	29,941	34,830
Loan interest			17,020	17,020
		102,398	96,730	199,128
EXPENDITURE ON CHARITABLE ACTIVITIES BYFUND TYPE				Total
- PRIOR	YEAR	Unrestricted	Restricted	Funds
		Funds	Funds	2021
Salaries		28,357		28,357
Site maintenance		9,5]2	11,619	21,131
Utilities		3,794		3,794
Rates		117		117
Coke and	gas	181		181
Collection	management	478		478
Insurance		6,968		6,968
Legal and	accounting	4,321		4,32 I.
Engineer's	House	19,535		19,535
Miscellaneous		2,199	33,707	35,906
Depreciation		1,584		1,584
		77,046	45,326	122,372

			Unrestricted	Restncted	Total	Unrestricted	Restricted	Total
			Funds	Funds	Funds	Funds	Funds	Funds
			2022	2022	2022	2021	2021	2'021
								&
Advertising	and marketing		6,978		6,978
Events expenses			2,602		2,602	365		365
			9,580		9,580	365		365
NET INCOMING RESOURCES							2022	2021
This is stated	after charging:						8
Depreciation	oftangible	fixed assets					34,830	35,291
Fees payable	for the examination		ofthe financial	statements			1,347	1,500

10a.	TANGIBLE FIXED	ASSETS			Fixtures &	Freehold
	- CURRENT YEAR				Fittings	Property	Total
	COST
	At 1stApril 2021				17,354	1,654,465	1,671,819
	Additions				3,120		3,120
	At 31stMarch 2022				20,474	1,654,465	1,674,939
	DEPRECIATION
	At 1stApril 2021				8,128	32,984	41,112
	Charge for the year				1,846	32,984	34,830
	At 31st March 2022				9,974	65,968	75,942
	NET BOOK VALUE
	At 31stMarch 2022				10,500	1,588,497	1,598,997
	There is a charge on the property		in favour ofthe National	Lottery Heritage	Fund.
1ob.	TANGIBLE FIXEDASSETS				Fixtures &	Freehold
	-PRIOR YEAR				Fittings	Property	Total
	COST
	At 1stApril 2020				17,354	1,649,965	1,667,319
	Additions					4,500	4,500
	At 31stMarch 2021				17,354	1,654,465	1,671,8]9
	DEPRECIATION
	At 1stApri]2020				5,821		5,82]
	Charge for the year				2,307	32,984	35,291
	At 31stMarch 2021				8,128	32,984	41,112
	NET BOOK VALUE
	At 31stMarch 2021				9,226	1,621,481	1,630,707
	DEBTORS					2022	2021
	Debtors					851
	Prepayments					1,598
	Other debtors					329	200
						2,778	200
12.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR					2022	2021
	Creditors					6,183
	Loans					71,000	100,000
	Accruals and deferred	income				1,335	1,236
	Other creditors						254
						78,518	101,490

CREDITORS: AMOUNTS FALLING DUE AFTER	2022	2021
MORE THAN ONE YEAR
Loans	87,518	50,000

STATEMENT OF	FUNDS		Brought			Carried
- CURRENT YEAR			forward	Income	Expenditure	forward
Unrestricted funds
General funds			420	146,626	(111,978)	35,068
Restricted funds
HLF Project
- Cambridge City	Council		31,000		(31,000)
- Cambridgeshire	County Council		2,372		(2,372)
- National Lottery	Heritage	Fund	1,234,553		(24,612)	1,209,941
- Pye History Trust			51,383		(1,024)	50,359
- Garfield Weston	Foundation		10,000		(10,000)
- Foyle Foundation			12,000		(12,000)
- SHARE			3,500		(3,500)
- Historic England			]21,532		(2,422)	119,110
- Heritage School			71,771		(1,431)	70,340
- Norfolk County Council			1,000		(1,000)
Cambridgeshire Community		Foundation	7,000		(7,000)
University Museums	Project		369		(369)
			1,546,480		(96,730)	1,449,750
TOTAL FUNDS			1,546,900	146,626	(208,708)	1,484,818

STATEMENT OF	FUNDS			Brought			Carried
-PRIOR YEAR				forward	Income	Expenditure	forward
					6
Unrestricted funds
General funds				(9,901)	87,732	(77,411)	420
Restricted funds
HLF Project
- Cambridge City	Council			31,000			31,000
- Cambridgeshire	County Council			1,783	589		2,372
- National Lottery	Heritage	Fund		1,268,260		(33,707)	1,234,553
- Pye History Trust				51,07]	312		51,383
- Garfield Weston	Foundation			10,000			10,000
- Foyle Foundation				12,000			12,000
- SHARE				3,500			3,500
- Historic England				128,151		(6,619)	121,532
- Heritage School				71,771			71,771
- Notfolk County Council				1,000			1,000
- ACE					5,000	(5,000)
Cambridgeshire Community		Foundation		7,000			7,000
University Museutns	Project			369			369
				1,585,905	5,901	(45,326)	1,546,480
TOTAL FUNDS				1,576,004	93,633	(122,737)	1,546,900
ANALYSIS OF NET ASSETSBETWEEN			FUNDS
				Total			Total
		Unrestricted	Restricted	Funds	Unrestricted	Restricted	Funds
		Funds	Funds	2022	Funds	Funds	2021
					f		f
Fixed assets		149,247	1,449,750	1,598,997	9,226	1,621,481	1,630,707
Net current liabilities		(26,661)		(26,661)	41,194	(75,001)	(33,807)
Long term liabilities		(87,518)		(87,518)	(50,000)		(50,000)
		35,068	1,449,750	1,484,818	420	1,546,480	1,546,900

STAFF COSTS	2022	2021
Wages and salaries	24,137	28,031
Social security costs	2,476
Pension contributions	1,027	326
	27,640	28,357

STATEMENT OF	CASH FLO	WS	Total	Total
			Funds	Funds
			2022	2021
CASH FLOWS FROM OPERATING ACTIVITIES
Net movement for	the reporting	period (as per the SOFA)	(62,082)	(29,104)
Adjustment for:
Interest receivable			(9)	, (7)
Depreciation			34,830	35,291
(Decrease)/increase	in creditors		14,546	(3'7)
Decrease/(increase)	in debtors		(2,578)	],299
Net cash provided	by operating	activities	(15,293)	7,442