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|Trustees'
report||1-9|
|Statement
oftrustees'|responsibilities|10|
|Independent
auditor's|report|11-13|
|Statement
offinandal|activities|14-15|
|Balance sheet||16|
|Statement ofcash flows||17|
|Notes to the financial|statements|18-31|
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|12 months to||31st March
2021|31st March
2020|31st March
2019|31st March
2018|31st March
2017|
|---|---|---|---|---|---|---|
|Students
under|18|435|4,490|4,665|4,571|3,940|
|Post
18
(includes||35*|69|813|993|769|
|adult
helpers|before||||||
|March 2019)
Out
of|school|117||837|369|915|
|activities|||||||
|Outreach sessions|||120|480|135|192|
|Total|||4,713|6,795|6,068|5,816|
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|Current financial|year|year|||||||
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|Total|
||||||funds|funds|||
|||||Notes|2021|2021f|2021|2020f|
|Income and||e|from||||||
|Donations
and legacies||||3|602,715|11,733|614,448|204,133|
|Charitable
activities||||4|50,991||50,991|153,169|
|Other trading
activities||||5|3,594||3,594|50,879|
|Investments||||6|1,531||1,531|762|
|Other income||||7||||11,563|
|Total income|||||658,831|11,733|670,564|420,506|
|Exgeot(II(train;|||||||||
|Charitable
activities||||8|573,784|11,733|585,517|586,466|
|Net income/(expenditure)|||for the year||85,047||85,047|(165,960)|
|Gross transfers
between|||funds|12|2,184,017|(2,184,017)|||
|Net movement
in|funds||||2,269,064|(2,184,017)|85,047|(165,960)|
|Fund balances at 1 April|||2020||30,437|2,184,017|2,214,454|2,380,413|
|Fund balances at|31|March 2021|||2,299,501||2,299,501|2,214,453|
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|Prior financial
year||||||
|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|
||||funds|funds||
||||2020|2020|2020|
|||Notes|6|6|6|
|en o||||||
|Donations
and legacies|||189,433|14,700|204,133|
|Charitable
activities|||153,169||153,169|
|Other trading
activities|||50,879||50,879|
|Investments|||762||762|
|Other income|||11,563||11,563|
|Total income|||405,806|14,700|420,506|
|Exgtttt
IItttftgg;
Charitable
activities||8|500,595|85,871|586,466|
|Net Incoming/(outgoing)|resources before transfers||(94,789)|(71,171)|(165,960)|
|Net income/(expenditure)|for the year/|||||
|Net movement
in funds|||(94,789)|(71,171)|(165,960)|
|Fund balances at 1 April|2019||125,226|2,255,187|2,380,413|
|Fund balances at 31 March 2020|||30,437|2,184,016|2,214,453|
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||||2021||||
|---|---|---|---|---|---|---|
|||Notes|||||
|Fixed assets|||||||
|Tangible assets||13||2,000,655||1,932,455|
|Heritage assets||14||7,192||7,192|
|||||2,007,847||1,939,647|
|Current assets|||||||
|Debtors||15|145,756||184,838||
|Cash at bank and in|hand||221,335||191,735||
||||367,091||376,573||
|Creditors: amounts|falling due within||||||
|one year||16|(75,437)||(101,767)||
|Net current assets||||291,654||274,806|
|Total assets less current liabilities||||2,299,501||2,214,453|
|Income funds|||||||
|Restricted funds||18||||2,184,016|
|Unrestricted
funds||||2,299,501||30,437|
|||||2,299,501||2,214,453|
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|||||2021||2020||
|---|---|---|---|---|---|---|---|
||||Notes|||6|6|
|Cash flows from operating||activities||||||
|Cash generated
from/(absorbed
by)
operations|||22||158,247||(156,822)|
|Investing
Purchase|activities
oftangible
fixed assets|||(130,178)||(32,731)||
|Investment|income received|||1,531||762||
|Net cash|used in investing|activities|||(128,647)||(31,969)|
|Net cash|used In financing|activities||||||
|Net increasel(decrease)
In
equivalents||cash and cash|||29,600||(188,791)|
|Cash and|cash equivalents|at beginning|ofyear||191,735||380,526|
|Cash and|cash equivalents|at end of|year||221,335||191,735|
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|Donations|and le|gacies|||||||
|---|---|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
||||funds|funds||funds|funds||
||||2021
6|2021
6|2021|2020
6|2020
6|2020f|
|Donations|and gifts||87,039|11,733|98,772|114,387||114,387|
|Grants|||515,676||515,676|75,046|14,700|89,746|
||||602,715|11,733|614,448|189,433|14,700|204,133|
|Donations|and gifts||||||||
|GWOC (Trading)||Limited|55,000||55,000|68,400||68,400|
|individuals|and friends||22,259|11,733|33,992|34,332||34,332|
|Companies,|trusts|and|||||||
|similar|||5,000||5,000||||
|Gilt Aid reclaimed|||4,780||4,780|11,655||11,655|
||||87,039|11,733|98,772|114,387||114,387|
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|||||||
|---|---|---|---|---|---|
|Donations
and legacies|||||(Continued)|
|Grants receivable for||||||
|core activities||||||
|Government
grants|||25,000||25,000|
|Grants from charities|||47,555|14,700|62,255|
|East Hampshire
District||||||
|Council Covid 19related|60,115|60,115||||
|Arts Council|151,900|151,900||||
|National
Heritage|156,229|156,229||||
|HMRC Job retention||||||
|Scheme|93,555|93,555|2,491||2,491|
|Brewery Grant|10,582|10,582||||
|South Downs National||||||
|Park|10,000|10,000||||
|Other|33,295|33,295||||
||515,676|515,676|75,046|14,700|89,746|
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|||Museum|Museum|
|---|---|---|---|
|||operation|operabon|
|||2021|2020|
|||6|'Z|
|Museum|operation|47,735|106,434|
|Field study centre||3,256|46,735|
|||50,991|153,169|
||||Unrestricted|Unrestricted|
|---|---|---|---|---|
||||funds|funds|
||||2021|2020|
||||6|F|
|Shop income||||87|
|Exhibitions|and events||3,594|50,792|
|Other trading||activities|3,594|50,879|
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|6|Investments|||
|---|---|---|---|
|||Unrestricted|Unrestricted|
|||funds|funds|
|||2021|2020|
||||6|
||Rental income|1,462|365|
||Interest receivable|69|397|
|||1,531|762|
|7|Other income|||
|||Total|Unrestricted|
||||funds|
|||2021|2020|
||Museum tax credit||11,563|
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|||||Museum|Museum|
|---|---|---|---|---|---|
|||||operation|operation|
|||||2021|2020|
|||||8||
|Stalf costs (net ofrecharges)||||287,675|290,576|
|Depreciation
and impairment||||61,978|57,553|
|Rates||||1,437|9,837|
|4ght, heat &power||||20,343|13,444|
|Insurance||||19,162|17,155|
|Repairs 8 maintenance||||52,376|47,959|
|Adverhsing||||10,396|16,004|
|printing,
stationery|&postage|||2,375|2,684|
|Computer
peripherals||&software||17,549|15,643|
|Staff training||||1,160|2,126|
|Travel &subsistence||||6,871|3,659|
|Project &event costs||||10,374|26,716|
|Consultancy
& professional|||fees|13,606|4,009|
|Sundry expenses||||18,388|11,022|
|Trade subscriptions||||6,418|3,480|
|Telephone
&communication||||7,052|9,712|
|Bank charges||||1,879|3,960|
|||||539,039|535,539|
|Share ofsupport costs||(see|note 9)|38,228|18,447|
|Share ofgovernance|costs||(see note 9)|8,250|32,480|
|||||585,517|586,466|
|Analysis
by fund||||||
|Unrestricted
funds||||573,784|500,595|
|Restricted funds||||11,733|85,871|
|||||585,517|586,466|
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|Support costs|Support
costs|Governance
costs|2021|Support
costs|Governance
costs|2020|
|---|---|---|---|---|---|---|
||E||6|F|F.|6|
|Accountancy
&
bookkeeping
Consultancy|20,566
17,662||20,566
17,662|9,467
8,980||9,467
8,980|
|Audit fees
Legal and professional||8,250|8,250||9,500
22,980|9,500
22,980|
||38,228|8,250|46,478|18,447|32,480|50,927|
|Analysed
between
Chantable
activities|38,228|8,250|46,478|18,447|32480|50927|
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|The average
monthly
number of employees
during t|he year was:||
|---|---|---|
||2021|2020|
||Number|Number|
||28|30|
|Employment
costs|2021|2020f|
|Wages and salaries
Social security costs
Other pension costs|314,498
13,626
4,359|315,844
15,076
4,464|
||332,483|335,384|
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|Tangible fix|ed asset|s|||||
|---|---|---|---|---|---|---|
||||Freehold|Plant and|Fixtures and|Total|
||||buildings|equipment|fittings||
||||6|6|||
|Cost|||||||
|At 1 April 2020|||1,968,262|21,130|90,472|2,079,864|
|Additions|||113,487|6,468|10,223|130,178|
|At 31 March|2021||2,081,749|27,598|100,695|2,210,042|
|Depreciation|and impairment||||||
|At 1 April 2020|||68,477|13,685|65,247|147,409|
|Depreciation|charged|in the year|41,678|5,137|15,163|61,978|
|At 31 March|2021||110,155|18,822|80,410|209,387|
|Carrying amount|||||||
|At 31 March|2021||1,971,594|8,776|20,285|2,000,655|
|At 31 March|2020||1,899,785|7,445|25,225|1,932,455|
##
|14|Heritage|ass|ets|||
|---|---|---|---|---|---|
||||||Artefacts|
||At1 April|2020 and at 31 March 2021|||7,192|
|15|Debtors|||||
|||||2021|2020|
||Amounts|falling due within one year:||||
||Trade debtors|||285|8,652|
||Other debtors|||125,558|161,915|
||Prepayments||and accrued income|19,913|14,271|
|||||145,756|184,838|
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|16|Creditors: amounts|falling due within one year|2021|2020|
|---|---|---|---|---|
||||6|F|
||Other taxation and social security
Trade creditors
Other creditors
Accruals and deferred
income||5,009
39,297
16,488
14,643|14,001
69,658
2,967
15,141|
||||75,437|101,767|
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|19|Analysis of net assets|between funds
Unrestricted|Restricted|Total|Unrestncted|Restricted|Total|
|---|---|---|---|---|---|---|---|
|||funds|funds||funds|funds||
|||2021|2021|2021|2020|2020|2020|
|||6|F|F|F||F|
||Fund balances at 31|||||||
||March 2021 are|||||||
||represented
by:
Tangible assets
Heritage assets|2,000,655
7,192||2,000,655
7,192|6,669
7,192|1,925,786|1,932,455
7,192|
||Current assetsl
(liabilities)|291,654||291,654|16,575|258,231|274,806|
|||2,299,501||2,299,501|30,436|2,184,017|2,214,453|
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|22|Cash generated
from operations|||||2021|2020f|
|---|---|---|---|---|---|---|---|
||Surplus/(deficit)
for the year|||||85,047|(165,960)|
||Adjustments
for.
investment
income recognised
in statement
of financial
Depreciation
and impairment
oftangible
fixed assets||||activities|(1,531)
61,978|(762)
57,553|
||Movements
in working
capital:
Decrease/(increase)
in debtors
(Decrease)/increase
in creditors
(Decrease)
in deferred
income|||||39,082
(26,329)|(109,436)
68,805
(7,022)|
||Cash generated
from/(absorbed|by) operations||||158,247|(156,822)|
|23|Analysis ofchanges
In net funds|||||||
||The charity had no debt during the|year.||||||