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2024-03-31-accounts

REGISTERED CHARITY NUMBER: 1164496

Report of the Trustees and

Unaudited Financial Statements for the Year Ended 31 March 2024

for

Barnsley Museums and Heritage Trust

Harris & Co Limited Chartered Accountants Marland House 13 Huddersfield Road Barnsley South Yorkshire S70 2LW

Barnsley Museums and Heritage Trust

Contents of the Financial Statements for the Year Ended 31 March 2024

Page
Reference and Administrative Details 1
Report of the Trustees 2 to 6
Independent Examiner's Report 7
Statement of Financial Activities 8
Balance Sheet 9
Notes to the Financial Statements 10 to 15
Detailed Statement of Financial Activities 16

Barnsley Museums and Heritage Trust

Reference and Administrative Details for the Year Ended 31 March 2024

TRUSTEES Mr D Exley Mr I McMillan Mr L Manterfield Mr J Hamshere (resigned 10 August 2024) Mr G Walker Mrs T Johnson Mr P E Jagger MBE (resigned 9 October 2023) Miss E Leek (resigned 1 October 2023) Miss M Charlesworth-Constable Miss T Hebron (resigned 29 September 2023) Mr M Ahmed (appointed 25 June 2024) Miss E Gratton-Rayson (appointed 25 June 2024) Miss R Fielding (appointed 25 June 2024) PRINCIPAL ADDRESS Barnsley Metropolitan Borough Council Town Hall Church Street Barnsley South Yorkshire S70 2TA REGISTERED CHARITY 1164496 NUMBER INDEPENDENT EXAMINER Harris & Co Limited Chartered Accountants Marland House 13 Huddersfield Road Barnsley South Yorkshire S70 2LW BANKERS Barclays Bank Plc 10-18 Queen Street Barnsley South Yorkshire S70 1SJ

Page 1

Barnsley Museums and Heritage Trust

Report of the Trustees for the Year Ended 31 March 2024

The trustees present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

The financial statements have been prepared in accordance with the accounting policies set out in the notes to the accounts and comply with the charity's governing document, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published in October 2019.

Page 2

Barnsley Museums and Heritage Trust

Report of the Trustees for the Year Ended 31 March 2024

OBJECTIVES AND ACTIVITIES

Objectives, aims and significant activities

Barnsley Museums and Heritage Trust was formed and registered as a Foundation Charitable Incorporated Organisation (CIO) on 18 November 2015. It was founded as a fundraising charity to help preserve, enhance and champion the South Yorkshire town's Heritage for the future.

The Trust is managed by a voluntary independent board of community champions as trustees. It aims to generate funds and support of individuals, businesses and organisations to safeguard the future of Barnsley's museums, as a source of learning, curiosity, inspiration and enjoyment for all.

The Trust raises funds and support for five free-entry visitor attractions in South Yorkshire: Experience Barnsley, Cannon Hall Museum Park & Gardens, Worsbrough Mill and Country Park, The Cooper Gallery, and Elsecar Heritage Centre. These attractions are managed by Barnsley Museums Arts and Heritage team within Barnsley Metropolitan Borough Council. Together the attractions welcomed 1.2 million visitors in this accounting period.

Measuring success

Barnsley Museums and Heritage Trust has enjoyed another successful year of fundraising, generating funds of more than £300,000 to help further the great works of Barnsley Museums. We have continued to make the securing of Trusts and Foundations the main focus of our fundraising but have further developed other funding schemes as well.

Achievement and Performance/What have we supported and Future plans

Trusts and Foundations

This has been an extremely successful year for the Trust, having secured funding from Trust and Foundations of £490,611. Some of these applications were made on behalf of Barnsley Metropolitan Borough Council, so the funds were paid directly to them.

Further funding of £6,666.67 was received from South Yorkshire and Bassetlaw Green Social Prescribing fund, allowing additional creative and wellbeing sessions to be held at Cannon Hall.

Draw Hope sessions with young adults with mental health issues and creative sessions with the Feels Like Home group continued throughout the year thanks to ongoing funding of £6,000 and £5,200 respectively from Creative Minds.

The Foyle Foundation supported Barnsley Museums Learning Team's Out of the Box project, making the museum collections and sites more accessible for everyone, with a grant of £30,000.

The Learning Team were also awarded £40,000 (£20,000 each year for 2 years) to help with core costs.

The volunteer hub at Worsbrough Mill was refurbished thanks to a £10,000 grant from Awards for All, which also provided volunteering activities for young people at the site.

A Shawlands Trust grant of £1,000 (applied for on behalf of The Cooper Trustees) allowed the Learning Team to issue Barnsley Museum Makes packs to local families during the school holidays.

The National Lottery Heritage Fund has generously supported two major projects this year. £100,000 was awarded to the Elsecar Building Bridges project to allow the development of the volunteering and community engagement programmes there and to capture the stories of the local community, particularly those relating to the industrial heritage of the site.

A grant of £244,111 has allowed Worsbrough Mill to refurbish the Education hub and improve infrastructure around the site, making it more accessible for everyone.

The Opening Doors SEND volunteering group at Worsbrough Mill benefitted from grants of £3,000 from D'Oyly Carte and £4,750 from the Ironmongers Foundation to allow them to continue the weekly sessions that are so important to their wellbeing.

Page 3

Barnsley Museums and Heritage Trust

Report of the Trustees for the Year Ended 31 March 2024

To run in conjunction with the Eldon Street Heritage Action Zone project, we were awarded £48,000 by Historic England to create the Know Your Neighbourhood project to help reduce loneliness and isolation. The project has been so successful it even appeared on BBC breakfast television.

We have been successful in being chosen as a cause by the Tesco Community Fund to provide sensory toys at Experience Barnsley. This is put to public vote to determine the amount we receive, which will be £500, £1,000 or £1,500.

Corporate Support

The partnership between the Trust and Barnsley College continues to thrive and we worked closely with them to ensure that as many college students as possible gained the opportunity of working alongside Museum staff. This partnership is worth £5,000 each year to the Trust.

We were also able to secure a donation of £500 from Henry Boot PLC for the Fusion partnership.

Collections Fund

The Collections Fund set up by the Trust has continued to provide valuable assistance to the museum service with acquisitions and conservation. The Trust has made available monies from the Collections Fund to enable the following items to be purchased:

Conservation

£15,226 has been made available to conserve items in the museum collection, including 2 paintings by Abel hold, a family portrait of Betty Spencer-Stanhope and a portrait by Daniel Gardiner. 14 decorative items including ceramics and glassware have also been conserved.

The conservation of the tapestry in the ballroom at Cannon Hall was also completed thanks to a grant of £10,000 from the Pilgrim Trust plus £15,500 from Barnsley Museums and Heritage Trust.

Other donations

We have continued to support the Fusion partnership in Barnsley which aims to bring the best of local arts and culture to all children and young people in the borough with a donation of £2,070 towards the Artsmart scheme which aims to embed arts, culture and creativity into the school curriculum.

£2,100 was given to the Visitor Services team to pay for external training and a group away day.

£4,000 was awarded to produce an accessible film to accompany the Light and Soul exhibition at the Cooper Gallery.

£905 allowed Barnsley Archives and Local Studies to purchase a hard drive to safely store all the audio and video records.

£7,000 was awarded to support the Catwalking exhibition with the purchase of display equipment and lighting.

£50 was given to Elsecar Heritage Centre to trial a paid for craft pack and trail around the site.

£1,000 was donated towards the purchase of a plan chest to allow Barnsley Archives and Local Studies to store maps more appropriately.

Other Fundraising Streams

On-site donations remained steady, totalling £22,966 for the year. Whilst this was slightly down on the previous year, it reflects the loss of the 3 Glassworks galleries as venues and the donations that were made by visitors there.

Page 4

Barnsley Museums and Heritage Trust

Report of the Trustees for the Year Ended 31 March 2024

Raffles and competitions were also held, and the Wishing Trees at both Cannon Hall and Worsbrough Mill and Country Park continue to encourage donations at site. Signage around all the museum sites offer the opportunity to donate by text and QR codes have been added to much of the signage linking to the donations page of the Trust's website.

Easyfundraising is promoted to our followers as a way to raise funds as they shop, and we continue to sell animal adoption packs, often as gifts.

Additionally, we were able to raise £400 from the sale of mannequins that had been used for the display of costumes at the Catwalking exhibition.

Cannon Hall cottages were vacant for 6 months of this year, during which time, the Trust became responsible for the payment of Council Tax and utilities. The initial tenancies terminated in May, with new tenants moving in during December. The period between gave us the opportunity to carry out some repairs and redecorating.

The Celebration Tree at Cannon Hall continues to provide regular monthly income, with 19 pears on the tree at the end of this financial year, generating an annual income of £2,280. We also placed a pear on the tree in memory of our patron, Mel Dyke, who sadly passed away this year.

Private viewing

BMHT hosted the private viewing of the high-profile Catwalking exhibition at Cannon Hall in May 2023. This provided the opportunity to both thank existing supporters and donors and the opportunity to raise the profile of the Trust and encourage further donations.

Cooper Prize

We continue to support the emerging local artistic talent by sponsoring the People's Choice award in the Cooper Prize competition.

David Exley, Chair of Trustees said:

'It has been an outstanding year of fundraising for Barnsley Museums and Heritage Trust. We have continued with a highly successful grant application programme which has been supplemented by the additional fundraising activities that have been developed. We have had our most successful year financially as a result, and we have really seen the benefit of having diversified our fundraising efforts, which will allow us to better cope with any future adversity. We continue to give valuable support to both the Museums Service and to the people of Barnsley and are grateful to our supporters, donors, patrons, Trustees and volunteers who make it all possible. This ensures that our work can continue, thereby safeguarding Barnsley's heritage for generations to come. '

Public benefit

The charity trustees confirm that they have complied with their duty to have due regard to the guidance on public benefit published by the Charity Commission in exercising their powers and duties.

FINANCIAL REVIEW

From 1 April 2023 to 31 March 2024 the Trust recorded income totalling income £207,529. Closing reserves are £224,508, of which £31,625 are restricted.

The reserves policy has been altered to reduce the amount of minimum funds held in reserve to £5,000 which will continue to be reviewed as necessary.

Page 5

Barnsley Museums and Heritage Trust

Report of the Trustees for the Year Ended 31 March 2024

STRUCTURE, GOVERNANCE AND MANAGEMENT

The Trustees and BMHT patrons have been actively championing heritage in Barnsley throughout the year.

Paul Jagger MBE announced his retirement on 09/10/2023 and was replaced as Chair by John Hamshere, having been duly voted in by the Board. The Board are very grateful for all Paul's contributions over the years, and he was presented with a farewell gift at his final board meeting.

The Board is actively recruiting additional trustees following Paul's retirement and the departure of two other trustees during the course of this financial year.

Trustees are Ian McMillan, Poet and Broadcaster; John Hamshere, Industrial Heritage advisor and previously Chief Executive, Sheffield Industrial Museums Trust; David Exley, Managing Director, Ledgard Jepson; Lee Manterfield, HSBC Corporate, Relationship Director, SYCC; Graham Walker, journalist for Johnston Press; Tracey Johnson, Project Director for the Digital Media Centre in Barnsley, Paul Jagger M.B.E, Chair of Thomas Rotherham College, Liz Leek (resigned 01/10/2023) , Vice Principal Curriculum and Culture and Senior Postholder of Barnsley College, Milly Charlesworth-Constable, Student at Barnsley College and Tracey Hebron (tenure ended 29/09/2023), Visitor Service Assistant at Barnsley Museums.

FUNDS HELD AS CUSTODIAN FOR OTHERS

The charity does not hold any funds as custodian trustee for other persons or organisations.

Approved by order of the board of trustees on ..21/01/2025.. and signed on its behalf by:

................................................................. Mr D Exley - Trustee

Page 6

Independent Examiner's Report to the Trustees of Barnsley Museums and Heritage Trust

Independent examiner's report to the trustees of Barnsley Museums and Heritage Trust

I report to the charity trustees on my examination of the accounts of Barnsley Museums and Heritage Trust (the Trust) for the year ended 31 March 2024.

Responsibilities and basis of report

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').

I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.

Independent examiner's statement

Your attention is to drawn to the fact that the charity has prepared the accounts (financial statements) in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has since been withdrawn.

We understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2019.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Ian Bragger ACA Harris & Co Limited Chartered Accountants Marland House 13 Huddersfield Road Barnsley South Yorkshire S70 2LW

Date: 21/01/2025

Page 7

Barnsley Museums and Heritage Trust

Statement of Financial Activities for the Year Ended 31 March 2024

Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
39,312
Charitable activities
5
Charitable activities
-
Other trading activities
3
950
Investment income
4
9,725
Total
49,987
EXPENDITURE ON
Raising funds
Raising donations and legacies
-
-
Charitable activities
Museum project spend
81,226
Other
12,305
Total
93,531
NET INCOME/(EXPENDITURE)
(43,544)
Transfers between funds
12
3,454
Net movement in funds
(40,090)
RECONCILIATION OF FUNDS
Total funds brought forward
232,973
TOTAL FUNDS CARRIED FORWARD
192,883		 Restricted
fund
£
-
157,542
-
-
157,542
-
-
188,052
-
188,052
(30,510)
(3,454)
(33,964)
65,589
31,625		 2024
Total
funds
£
39,312
157,542
950
9,725
207,529
-
-
269,278
12,305
281,583
(74,054)
-
(74,054)
298,562
224,508		 2023
Total
funds
£
143,173
96,199
15
25,675
265,062
-
-
128,652
18,051
146,703
118,359
-
118,359
180,203
298,562

CONTINUING OPERATIONS

All income and expenditure has arisen from continuing activities.

The notes form part of these financial statements

Page 8

Barnsley Museums and Heritage Trust

Balance Sheet
31 March 2024
Notes
CURRENT ASSETS
Debtors
9
Cash at bank
CREDITORS
Amounts falling due within one year
10
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT
LIABILITIES
NET ASSETS
FUNDS
12
Unrestricted funds
Restricted funds
TOTAL FUNDS		 2024
£
4,437
221,055
225,492
(984)
224,508
224,508
224,508
192,883
31,625
224,508		 2023
£
8,398
291,148
299,546
(984)
298,562
298,562
298,562
232,973
65,589
298,562

The financial statements were approved by the Board of Trustees and authorised for issue on ...21/01/25 .. and were signed on its behalf by:

............................................. Mr D Exley - Trustee

The notes form part of these financial statements

Page 9

Barnsley Museums and Heritage Trust

Notes to the Financial Statements for the Year Ended 31 March 2024

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The presentation and functional currency of the financial statements is the Pound Sterling (£).

The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011 and UK Generally Accepted Practice as it applies from 1 January 2019.

The financial statements have been prepared to give a true and fair view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following Account and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standards applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.

Critical accounting judgements and key sources of estimation uncertainty

No significant judgements or estimates have had to be made by the trustees in preparing these financial statements other than as described in the following accounting policies.

Income and debtors

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Membership subscriptions received are for an annual subscription in advance. The subscription income is recognised the Statement of Financial Activities on a monthly straight line basis, and subscription amounts apportioned to the following year are shown within accruals and deferred income in the balance sheet.

Grants are included in the Statement of financial activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.

Donations are recognised on a receivable basis where receipt is probable and the amount can be reliably measured.

Trade and other debtors are recognised at the settlement amount. Prepayments are valued at the amount prepaid relating to prior years at the balance sheet date.

Expenditure and liabilities

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.

Taxation

The charity is exempt from tax on its charitable activities.

Page 10

continued...

Barnsley Museums and Heritage Trust

Notes to the Financial Statements - continued for the Year Ended 31 March 2024

1. ACCOUNTING POLICIES - continued

Fund accounting and reserves policy

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Going concern

The Trustees assess whether the use of going concern is appropriate, i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the charity to continue as a going concern. The Trustees make this assessment in respect of a period of at least one year from the date of authorisation for issue of the financial statements and have concluded that the charity has adequate resources to continue in operation existence for the foreseeable future and there are no material uncertainties about the charity's ability to continue as a going concern, this they continue to adopt the going concern basis of account in preparing the financial statements.

2. DONATIONS AND LEGACIES

Gifts
Donations
Legacies
3.
OTHER TRADING ACTIVITIES
Other income
4.
INVESTMENT INCOME
Rents received		 2024
£
-
39,312
-
39,312
2024
£
950
2024
£
9,725		 2023
£
-
53,175
90,000
143,173
2023
£
15
2023
£
25,675

Page 11

continued...

Barnsley Museums and Heritage Trust

Notes to the Financial Statements - continued for the Year Ended 31 March 2024

5. INCOME FROM CHARITABLE ACTIVITIES

Activity
Grants
Charitable activities
Grants received, included in the above, are as follows:
Other grants		 2024
£
157,542
2024
£
157,542		 2023
£
96,199
2023
£
96,199

6. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023.

7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted
fund
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
143,173
Charitable activities
Charitable activities
-
Other trading activities
-
Investment income
-
Total
143,173
EXPENDITURE ON
Raising funds
Raising donations and legacies
-
-
Charitable activities
Museum project spend
30,073
Other
18,051
Total
48,124
NET INCOME
95,049
RECONCILIATION OF FUNDS
Total funds brought forward
137,924		 Restricted
fund
£
-
96,199
15
25,675
121,889
-
-
98,579
-
98,579
23,310
42,279		 Total
funds
£
143,173
96,199
15
25,675
265,062
-
-
128,652
18,051
146,703
118,359
180,203

Page 12

continued...

Barnsley Museums and Heritage Trust

Notes to the Financial Statements - continued for the Year Ended 31 March 2024

7.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted
Restricted
fund
fund
£
£
TOTAL FUNDS CARRIED FORWARD
232,973
65,589		 Total
funds
£
298,562

8. INDEPENDENT EXAMINERS' REMUNERATION

The Trustees have decided an independent examination The Trustees have decided an independent examination should be undertaken and not an audit. The should be undertaken and not an audit. The should be undertaken and not an audit. The should be undertaken and not an audit. The
charges for the independent examination during the year was £1,092 (2023: £1,038).
9. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Prepayments and accrued income 4,437 8,398
10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Accruals and deferred income 984 984
There is no deferred income at the year end (2023: £nil).
11. ANALYSIS OF NET ASSETS BETWEEN FUNDS
2024 2023
Unrestricted
Restricted		 Total Total
fund fund funds funds
£ £ £ £
Current assets 193,867 31,625 225,492 299,546
Current liabilities (984) - (984) (984)
192,883 31,625 224,508 298,562
12. MOVEMENT IN FUNDS
Net Transfers
movement between At
At 1/4/23
in funds		 funds 31/3/24
£ £ £ £
Unrestricted funds
General fund 232,973 (43,544) 3,454 192,883
Restricted funds
Restricted Funds 65,589 (30,510) (3,454) 31,625
TOTAL FUNDS 298,562 (74,054) - 224,508

Page 13

continued...

Barnsley Museums and Heritage Trust

Notes to the Financial Statements - continued for the Year Ended 31 March 2024

12. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Incoming
resources
£
Unrestricted funds
General fund
49,987
Restricted funds
Restricted Funds
157,542
TOTAL FUNDS
207,529
Comparatives for movement in funds
At 1/4/22
£
Unrestricted funds
General fund
137,924
Restricted funds
Restricted Funds
42,279
TOTAL FUNDS
180,203
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
143,173
Restricted funds
Restricted Funds
121,889
TOTAL FUNDS
265,062		 Resources
Movement
expended
in funds
£
£
(93,531)
(43,544)
(188,052)
(30,510)
(281,583)
(74,054)
Net
movement
At
in funds
31/3/23
£
£
95,049
232,973
23,310
65,589
118,359
298,562

Resources
Movement
expended
in funds
£
£
(48,124)
95,049
(98,579)
23,310
(146,703)
118,359

Page 14

continued...

Barnsley Museums and Heritage Trust

Notes to the Financial Statements - continued for the Year Ended 31 March 2024

12. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds
General fund
Restricted funds
Restricted Funds
TOTAL FUNDS		 At 1/4/22
£
137,924
42,279
180,203		 Net
movement
in funds
£
51,505
(7,200)
44,305		 Transfers
between
funds
£
3,454
(3,454)
-		 At
31/3/24
£
192,883
31,625
224,508

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Restricted Funds
TOTAL FUNDS		 Incoming
resources
£
193,160
279,431
472,591		 Resources
Movement
expended
in funds
£
£
(141,655)
51,505
(286,631)
(7,200)
(428,286)
44,305

Unrestricted funds are to be spent at the discretion of the trustees in line with the charity's objectives to further the charity's purpose.

Restricted funds are to be spent in line with the terms attached to the restricted grant funding received.

13. RELATED PARTY DISCLOSURES

During the year and prior year there were no related party transactions. At the year end there was no outstanding balances with related parties (2023: £nil).

Page 15

Barnsley Museums and Heritage Trust

Detailed Statement of Financial Activities for the Year Ended 31 March 2024

INCOME AND ENDOWMENTS
Donations and legacies
Gifts
Donations
Legacies
Other trading activities
Other income
Investment income
Rents received
Charitable activities
Grants
Total incoming resources
EXPENDITURE
Charitable activities
Museum project spend
Support costs
Management
Insurance
Marketing and stationery
Printing
Sundries
Maintenance
Subscriptions
Administration fees
Governance costs
Accountancy
Total resources expended
Net (expenditure)/income		 2024
£
-
39,312
-
39,312
950
9,725
157,542
207,529
269,278
346
320
45
345
-
1,014
9,143
11,213
1,092
281,583
(74,054)		 2023
£
-
53,175
90,000
143,173
15
25,675
96,199
265,062
128,652
337
-
-
782
5,302
1,059
9,533
17,013
1,038
146,703
118,359

This page does not form part of the statutory financial statements

Page 16