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|---|---|---|---|---|---|---|
|Trustees'
annual
report (incorporating|||the|director's|report)||
|Independent
examiner's
report||to the|trustees||||
|Statement. of financial|activities|(including||income and|||
|expenditure
account)|||||||
|Statement
of financial|position|||||10|
|Notes to the financial|statements|||||12|
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|Reference|and administrative|and administrative|and administrative|and administrative|details||||
|---|---|---|---|---|---|---|---|---|
|Registered||charity|name||The Burton at Bideford||||
|Charity registration|||number||1165520||||
|Company|registration|||number|09808860||||
|Prtncipal office and|||registered||Burton Art Gallery||a'nd Museum||
|office|||||Kingsley
Road||||
||||||Bideford||||
||||||Devon||||
||||||EX392QQ||||
|The trustees|||||||||
||||||I A Huggett
BJ Liddell||||
||||||TJ lreson||||
||||||AJ Robinson||||
||||||S M Lawrence||||
||||||A Nathwani|(Appointed||15April 2021, Resigned 11June 2022)|
||||||J P Sharpe|(Appointed||15April 2021)|
||||||R H Millward|(Appointed||15April 2021)|
||||||N J Beer|(Appointed||22 April 2021)|
|Independent||examiner|||Mr SJ Carringfon||FCA||
||||||Westcotts (SW) LLP||||
||||||Timberly||||
||||||South Street||||
||||||Axminster||||
||||||Devon||||
||||||England||||
||||||EX135AD||||
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|Year ended 31 March|2022||||
|---|---|---|---|---|
||||2022|2021|
||||Total funds|Total funds|
|||Note|2|2|
|Income and endowments|||||
|Donations
and legacies
Charitable
activities|||128,271
163,468|159,532
174,931|
|Other trading
activities
Investment
income|||33,512
499|17,149
583|
|Other income|||95,358|63,773|
|Total income|||421,108|415,968|
|Expenditure
Expenditure
on charitable|activities|10,11|396,032|366,689|
|Total expenditure|||396,032|366,689|
|Net (expenditure)/income|and net movement|in funds|25,076|49,279|
|Reconciliation
offunds|||||
|Total funds brought forward|||233,380|184,101|
|Total funds carried forward|||258,456|233,380|
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|31 March 2022|||||
|---|---|---|---|---|
||||2022|2021|
|||Note|||
|Fixed assets|||||
|Tangible fixed assets
Heritage assets||17
16|16,100
'42,350|19,381
41,150|
|Investments||19|1;225|1;225|
||||59,675|61,756|
|Current assets|||||
|Debtors||20|66,443|38,512|
|Cash at bank and in|hand||171,459|150,178|
||||237,902|168,690|
|Creditors: amounts|falling due within one year|21|39,121|17,066|
|Net current assets|||198,761|171,624|
|Total assets less current liabilities|||258,456|233,380|
|Net assets|||258,456|233,380|
|Funds ofthe charity
Unrestricted
funds|||258,456|233,380|
|Total charity funds||24|258,456|233,380|
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|||||Unrestricted|Total Funds|Unrestricted|Total Funds|
|---|---|---|---|---|---|---|---|
|||||Funds|2022|Funds|2021|
|||||E|E||E|
|Donations||||||||
|Donations|from companies,||trusts and|||||
|similar proceeds||||20,000|20,000|30,000|30,000|
|Donations|from individuals|||10,079|10,079|8,121|8,121|
|Sponsorship||income||2,210|2,210|||
|Grants||||||||
|Grants from||other charities||85,138|85,138|92,838|92,838|
|Government||grant income||10,844|10,844|28,573|28,573|
|||||128,271|128,271|159,532|159,532|
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|||Unrestdcted|Total Funds|Unrestricted|Total Funds|
|---|---|---|---|---|---|
|||Funds|-2022|Funds|2021|
||||E|E|E|
|Running|ofthe gallery and museum|140,944|140,944|174,931|174,931|
|Tax relief||22,524|22,524|||
|||163,468|163,468|174,931|174,931|
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|||Unrestricted|Total Funds|Unrestdcted|Total Funds|
|---|---|---|---|---|---|
|||Funds|2022|Funds|2021|
|||E|E||E|
|Cafe rental|income|23,059|23,059|15,580|15,580|
|Workshops|and room hire|10,453|10,453|719|719|
|Other income from other trading||||||
|activities||||850|850|
|||33,512|33,512|17,149|17,149|
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||||Unrestricted|Total|Funds|Unrestricted|Total|Funds|
|---|---|---|---|---|---|---|---|---|
||||Funds||2022|Funds||2021|
||||E||E|E||E|
|Bank|interest|receivable|499||499|583||583|
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|Other incom|e||||||
|---|---|---|---|---|---|---|
||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||Funds|2022|Funds|2021|
|||||2||2|
|Income from|trading|subsidiary|28,229|28,229|24,498|24,498|
|Profit donated|to parent charity by Gift||||||
|Aid|||67,129|67,129|39,275|39,275|
||||95,358|95,358|63,773|63,773|
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|Expendi|ture
on charitable activities
by fun|d type|||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2022|
|Running|of the gallery and museum|305,337||305,337|
|Support|costs|90,695||90.695|
|||396,032||396,032|
|||Unrestdcted|Restricted|Total Funds|
|||Funds|Funds|2021|
|||2|2|2|
|Running|of the gallery and museum|294,940||294,940|
|Support|costs|.71,305|444|71,749|
|||366,245|444|366,689|
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|Expendi|ture
o|n chari|table|activities|by activity typ|e|||
|---|---|---|---|---|---|---|---|---|
||||||Activities||||
||||||undertaken||Total funds|Total fund|
||||||directly|Support costs|2022|2021|
|||||||2|2|2|
|Running|ofthe|gallery|and|museum|305,337|90,695|396,032|366,689|
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|12.|Analysis of|support cos|ts||||
|---|---|---|---|---|---|---|
||||||Total 2022|Total2021|
||||||6|F|
||Staff costs||||4,991|4,036|
||Premises||||19;006|18,507|
||Communications
and IT||||9,004|6,884|
||General
office||||52,035|33,348|
||Governance|costs|||5,659|8,974|
||||||90,695|71,749|
|13.|Net (expenditure)/income||||||
||Net (expenditure)/income||is stated after charging/(crediting):||||
||||||2022|2021|
||||||2|9|
||Depreciation|oftangible fixed assets|||5,989|6,141|
|14.|Independent|examination|fees||||
||||||2022|2021|
||||||2||
||Fees payable|to the independent||examiner for:|||
||Independent|examination|of the|financial statements|2,150|4,000|
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||||2022|2021|
|---|---|---|---|---|
|Wages and salaries|||191,829|173,926|
|Social security costs|||7,051|6,342|
|Employer|contributions|to pension plans|13,708|12,311|
|Other em|ployee benefits||1,054|2,644|
||||213,642|195,223|
|of full-ti|me|equivalent
employees
during the y|
ear is analysed as follows:||
|---|---|---|---|---|
||||2022|2021|
||||No.|No.|
|Number|of|staff|11|11|
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|17.|,
expenses or any other benefits from the charity
Tangible fixed assets|during the year (202|1:none).||
|---|---|---|---|---|
|||Land and|Fixtures and||
|||buildings|fittings|Total|
|||2||2|
||Cost||||
||At 1 April 2021|6,685|56,404|63.089|
||Additions||2,708|2,708|
||At 31 March 2022|6,685|59,112|65.797|
||Depreciation||||
||At 1 April 2021|958|42,750|43,708|
||Charge for the year|575|5,414|5,989|
||At 31 March 2022|1,533|48,164|49,697|
||Carrying
amount||||
||At 31 March 2022|5,152|10,948|16,100|
||At 31 March 2021|5,727|13,654|19,381|
|18.|Heritage assets||||
|||||Art|
|||||2|
||Cost or valuation||||
||At 1 April 2021|||41,150|
||Additions|||1,200|
||At 31 March 2022|||42,350|
||Accumulated
depreciation||||
||At 1 April 2021 and 31 Illlarch 2022||||
||Carrying
amount||||
||At 31 March 2022|||42,350|
||At 31 March 2021|||41,150|
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|Ye|ar ended 31 March 2022||||||
|---|---|---|---|---|---|---|
|18.|Heritage assets
(c'«nrrn«err)||||||
||Summary
oftransactions||||||
|||2022|2021|2020|2019|2018|
|||2|2||2||
||Included
in the statement of financial position||||||
||Wilhelmina
Barns-Graham||||||
||Trust Prints|||||2,050|
||Ravilious Photo Colfection||39,100||||
||Paul Lewin Artwork|1,200|||||
||Total additions|1,200|39,100|||2,050|
|19.|Investments||||||
|||||Shares in|||
|||||group|Other||
|||||undertakings|investments|Totai|
||||||2|2|
||Cost or valuation||||||
||At 1 April 2021|||100|1,125|1,225|
||Additions||||||
||At 31 March 2022|||100|1,125|1,225|
||Impairment||||||
||At 1 April 2021 and 31 Illlarch|2022|||||
||Carrying
amount||||||
||At 31 March 2022|||100|1,125|1,225|
||At 31 March 2021|||100|1,125|1,225|
||All investments
shown above are held at cost.||||||
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|Undertaking|Country of|Holding|Proportion|ofvoting rights|Principal|
|---|---|---|---|---|---|
||incorporation||and shares|held|activity|
||||2022|2021||
|The Burton|UK|Ordinary|100%|100'/0|Retail sales|
|Enterprises||shares|||in|
|Limited|||||commercial|
||||||art galleries|
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|Debtors||||
|---|---|---|---|
|||2022|2021|
|||2|2|
|Trade debtors||3,427||
|Amounts
owed by group undertakings||34,545|29,247|
|Prepayments|and accrued income|5,577|8,605
'|
|Other debtors||22,894|660|
|||66,443|38,512|
|Creditors: amounts
falling due within one year||||
|||2022|2021|
||||2|
|Trade creditors||22,825|3,966|
|Accruals and deferred income||4,552|5,827|
|Social security|and other taxes|2,619|1,390|
|Other creditors||9,125|5,883|
|||39,121|17,066|
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||||At||||At|
|---|---|---|---|---|---|---|---|
|||1|April 2021|Income|Expenditure|31 March 2022||
||||6|2|8|||
|General|funds||233,380|421,108|(396,032)||258,456|
||||At||||At|
|||1|April 2020|Income|Expendituie||31 March 2021|
||||2|2||||
|General|funds||183,657|415,968|(366,245)||233,380|
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|Restricted|funds|||||||||
|---|---|---|---|---|---|---|---|---|---|
|||||At|||||At|
|||1|April|2021|Income|Expenditure|31|March|2022|
||||||2|2|||2|
|Restricted|Fund|||||||||
|||||At|||||At|
|||1|April|2020|Income|Expenditure|31|March|2021|
|||||2|2||||2|
|Restricted|Fund|||444|—|(444)||||
##
|Analysis ofnet as|sets between funds|||
|---|---|---|---|
|||Unrestricted|Total Funds|
|||Funds|2022|
||||2|
|Tangible fixed assets||16,100|16,100|
|Heritage assets||42,350|42,350|
|Investments||1,225|1,225|
|Current assets||237,902|237,902|
|Creditors less than|1 year|(39,121)|(39,121)|
|Net assets||258,456|258,456|
|||Unrestricted|Total Funds|
|||Funds|2021|
|||2||
|Tangible fixed assets||19,381|19,381|
|Heritage assets||41,150|41,150|
|Investments||1,225|1,225|
|Current assets||188,690|188,690|
|Creditors less than|1 year|(17,066)|(17,066)|
|Net assets||233,380|233,380|
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