GUILFOYLE SAGE LLP Chartered Accountants Ullaudited Financial Statements for the Year Ended 31 December 2024 for Usk Rural Life Museum UK2_OOGroup
Usk Rural Life Museum Income Stalement for the Year Ellded 31 December 2024 31.12.24 31.12.23 TURNOVER 30,197 22,882 Depreciation And other amounts written off assets (1,831) (1.888) Oth¢r Chg¢S (22,790) (17.791) Taxation SURPLUS 5,576 3.203 Page I
Usk Rural Life Museum (Registered number: 06727091) Balance Sheet 31 December 2024 31.12.24 31.12.23 FIXED ASSETS 135.427 137,258 CURRENT ASSETS 57,748 50,737 CREDITORS Amounts falling due within one year (1.417) (1,813) NET CURREwf ASSETS 56.331 48,924 TOTAL ASSETS LESS CURRENT LIABILITIES 191.758 186,182 RESERVES 191.758 186,182 NOTES TO THE FINANCIAL STATEMENTS STATUTORY INFORMATION Usk Rural Life Museum is a private company, limited by guarantee, registered in England and Wal¢s. The company's regist¢red nuTnber and registered offic¢ address are as below.. Registered number: 06727091 Registered offjce: The Malt Barn Maryport Street CaT Park Usk Monmouthshire NP15 IAB AVERAGE NUMBER OF EMPLOYEES Th¢ averag¢ number of employees during the year was NIL (2023 - NIL). RESERVES Reserves at 31 De¢¢mber 2024 includes Restricfrd Funds of £68.068 (2023- £65,058) and Unrestricted Funds of £123,690 (2023 - £119,124). Page 2 continued...
Usk Rural Life Museum (Registered number: 06727091) Balance Sheet- coDilnued 31 December 2024 The company is entitled to exemption from audit under Se¢tion 477 of the Companies Act 2006 for th¢ year ended 31 De¢¢mber 2024. The members have not required the ¢ompany to obtain an audit of its financial statements for the year ended 31 Decemb¢r 2024 in ac¢ordance with Section 476 of thc Companies Act 2006. The directors acknowledge their responsibilities for-. (a) ensuring that the company keeps accounting r¢¢ords which comply with Sections 386 and 387 of the Companies Act 2006 and (b) preparing financial stat¢ments which give a true and fair view of the state of affairs of the company a5 at th¢ end of each financial year and of its suwlus or deficit for ¢a¢h finan¢ial year in accordance with the requir¢Enents of Seetions 394 and 395 and whi¢h otherwise comply with the requirements of the Companies Aot 2006 r¢lating to finan¢ial Statements. so far as applicable to the ¢ompany. The fjnancial stalements have been prepared in accordance with th¢ micro-entity provisions. The fjnancial statements were approved by the Board of Directors and authorised for issue on and were signed on its behalf by: D W Morgan - Director Mrs N K Osborne- DiT¢Ctor Page 3
Usk Rural Life Museu Detailed Income and Expenditure Accoullt for the Year Ended 31 December 2024 31.12.24 31.12.23 Turnover Donations - visitors Donations - other Membership subs Visttor Centre licens¢ 100 club income Room Hire Grants received 7.671 4,530 2,750 125 13,199 1,500 778 115 14.848 1.410 1.153 5,000 30.197 22.882 ExpeDditure Rates and water Insuranc¢ Light and heat Depreciation of tangible fixed assets Plant and Tnachinery Fixtures and firtings Telephon¢ Post and stationery Repairs and renewals Sundry expenses Accountsncy Prizes and Donations 684 1,745 11.375 857 1.789 7.578 296 1.535 710 203 7,452 117 353 1,535 935 612 5,675 619 (600) 200 400 24,-517 19,553 5,680 3,329 Fin*nce costs Bank charges 104 126 NET SURPLUS 5,576 3,203 This page does not fonn part of the statulory finarEcial statements Page 5
Usk Rural Life Museum Detailed Balance Sheet for the Year Ended 31 Detember 2024 31.12.24 31.12.23 FIXED ASSETS Freehold propety Plant and machinery Fixtures and fittings 131.334 301 3,792 131.334 597 5.327 135,427 137,258 CURRENT ASSETS Bank account no. I Bank account no. 2 18.135 39,613 12,123 38.614 57.748 50,737 CREDITORS AmouDts falling due within one year Accrued expenses (1.417) (1,813) NET CURRENT ASSETS 56,331 48,924 TOTAL ASSETS LESS CURRENT LIABILITIES 191,758 186,182 NET ASSETS 191,758 186,182 RESERVES Income and expenditure account 191,758 186.182 This page does not fom) part of the statutory financial statements Page 6