**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:
- a gold pocket watch presented to Sgt Horace Holmes (prominent mining figure and MP for Hemsworth) by New Monckton Colliery for gallant service in the First World War
- an enamelled brooch, complete with box, from Barnsley based jeweller, Samuel Krakauer
- 1896 pocket watch made by Henry Vaughan, a watchmaker from Elsecar
## **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|
|---|---|---|---|
|||||
|||||
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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|
|---|---|---|
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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|
|---|---|
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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).
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## **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
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