CROMWELL MUSEUM TRUST REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 REGISTERED CHARITY No 1166233 CROMWELL MUSEUM TRUST FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 ontents Pages TrusteÈs' Report Independenl Examlnerfs RgPDrt ststement of Financial Activity ineorporating th8 Income and Expendi￿rtr A¢ci)unl 10 Balan¢e Shgel Notes to the financial statements 12-16 ROMWELL MUSEUM TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022 The Trustees presènt their report wth the financial statetnents of the Charitable Incorporalad Or9anisation ftsr the year ended 31 M8r¢h 2022. The financial statements have been prepared in accordance wth thè a¢counting pol￿[e5 Sel out in the notes to the linancial statements and comply wlh the charitls trust deed, applicable law and the requirements of the Statement of Recommènded Practi¢0. °Accounting and Rèporting by Charities" 2019 and the Companies Act 2006. Reference and Admtnlstrative Dètails ¢8mbridgèshire County Counell devolved its goveinance and manggemenl re8ponsibilthes for thè Cromwell Museum to the new Cmmwell Museurn Trust from 1 April 2016. The Charitablè Incorporated OrgarTrisation was r8gistered with the Charity Comrnission for England and Wales i)n 29 March 2016 with the registration numbor 1166233. structurn, Governance and Managemgnt The operation of the ChaTit8ble Incorporatecl Organisation 18 governed by Its Foundatlon Document. As a charity registered vlth th8 Charity Comtnis5ion for England and WalÉs HM Revenue Cuslotns have ￿CognISed the charty for tax purposgs. Sir>c8 the charity only uses ils fur*ds for chaTitable purpo888 no taxation is then payable on tha income or gains. The overall responsibility for the operations of the Chatttable Incorporated Organisation and its finances is with the Diro¢tors. TrLEStees The Truste6s have served duiing the year are.. Jonathan Djanogly Pèter Johnson Camilla Ni¢hDI WilliatTF Mcvey lain Strath An9ela White-Horan Charle$ Nixon Sarah Gifford Psul Lay Nicola Clarke Tha Trust is privileged tr> have as its Patron, The Right Honourable Sil John Major, KG, CH. Appolntment and Tralnlny of Trustee$ The power to appoint and rernove Trustees is vested wfth the TnJstee$. UndEr the terms of the F(￿ndation Oocumenl there shall not be less than three Trustees. Trustees are appoltrted on the reeommendation of the Trustees or by due notice from a member. Al each annual 9èneral meeting one- third of the Trustees retire by rotation. On appoir*trnent each Trustge receives copies of the princlpal Constitutional and Policy documents of tha Company, With current and forward linan¢i81 planning inform8tion. Trustees ale provlded with regular updates of rè18vant Informatson from the Charity Commission and cither relevant sources. CharStablÈ objects The obje¢ts of th8 Charity are to advan¢e the edutration tsf the public in the life and legecy of Oliver Cromwell. Lord Protector, by th.e establishment and malntenance of the Crtsmwell Museum in such ways as the Trustees think fit and frdlfil such other purposes which are exclusively charitabla ac¢ordlng to thè law of En913nd and Wales and are connected the tharitsble work of the Charity. Oble¢ttv•* and Activlties The Crornwell Museum h8S the ambition to be the k$y resource for th8 Énjoyment and understanding o>f rhe lrfe and times of the 17th century soldier and statesman, Oliver Cromwell. We have the fin&st colle¢lion in the worfd of rtems relatlng to this rèmarkable, yet deeply controversial Indimdual,, we will safeguard and expand this collection, ensure that its Significan￿ is recognised and use it as the Inspiration for 8n innov8tive public programme. Working with parthers and stakeholders, we wll work to make the museum, and Huntingdon, a must-see dèstination which ￿11 attract wsitors from around the worfd to appreclate Cromwell the tnan, his Ille 8nd work through imaginative and immer5r￿e visitor eXperten￿S underpinned by the worfd class coaections and archives. We wll make the Iduseum as sustainable as possible. In bro2d terms we aim ov8r the next decade to create an internationally recognised centre to team aboul the life, 'mes, and legacy of Oliver Crornwèll, in the heart of Cromwell Country. This ambitlon wa5 re8ffimied in November 2021 wkh a comprehensive ￿VIeW of our objectives, strategic plan, 8nd priorides for the next three y8ars. CROMWELL MUSEUM TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022 April 2021 saw the Cromwell Mu5¢um Trust in a mtsre socure but equally unusu81 position lo the prswous year. Whilst the Trust was in a much better position financially thanks to support funding frorn Trusts, Foundations and Government, it was still ¢loseil lo the public due tri the ongoing Covid-19 Pandemic and the third lockdown whic had beén impose6 the UK. We were finally ablo to reopen as restrfctions were gradually rè18xed on 22nd May, once these were removed in July it enabled us to fully rèsume som9thing approachlng normal programming and method5 Of working, 8lbeit wlth an awareness of th8 ongoing challenges crgated by the pandemic. Building on the oxperienc8S that welgarnt frtrm durino thè period5 of lockdown, wo continued with devgloping our online offer, whilst also finding different ways th3t we could engage Msitors 88 we opened back up 8gain. These ￿Uld best b$ illustrated by three different èxarnples Irom over the year. Rebuilding 8fter the Pand&mie- Art In th& Town We wanted to do somfylhing very diffefent after be5ng substantially closed during the pandernic to raise the wofile of the Museurn, wth impetus from our refurbishment having be¢n lost due to the lockdo%Yns. There also needed lo b6 a recognition that some reSt￿ctiOnS would be in plAce and that there wa8 a nemusness abotfl visiting indoor attractions Still for many people because of the paTrd8miG. This encouraged us to think laterally and corn8 up with an innovative project which brought artworks from our collection out into the town. A succ8ssful application for a'R8spond and Reimagine, grant of £19,000 to Art Fund enabled us to develop an tsUtd￿r exhibrtion around the town, also utilising the support ol rnany local bu8ines$85. The exhibition took the form of an Art Trail to promote the Museum arld its objects, bring art into the community t¢ people who may not have engaged wrth our coll$¢tions bBfore in a sp8ce that is Covid secure, and ralse awareness of Huntingdon's connections to Crc>mwell and a k6y period of our history. The Trail took 12 works of art, roplicas of items from museum's ¢￿teCtion, $￿ated at 10 loc81ions around Huntingdon. SrA of the wgrks wero reprodu¢8d uslng wlndow graphics in varlous sh¢)p WI￿0￿$, including vacant shop unfts. Thè other six were full sii&d ￿p11(￿S of paintings that were weather resrstant and are even framed lo look like the real paintings. Th&se wèrè displayed in locations related to Cromwell. or t￿rned to th8 businesses they wère displayed Tn, such as a copy of Cromwell's fvner81 banneT displayed in the window of the Co-op Funeral Services, and one of his books in the window of Huntingdon library. A portrait of Charles I was displayed outslde the Georg8 Hotol Whe￿ he stayed 1645. Other businesses supporting tha exhibits'on included the Hunts Post, Salnsbuws, The Old Bridge Hotel and Huntingdon Ftailway stat￿ll. Prfntod trall maps- including a famil￿frIendlY guide wilh clues, questions, and activities- were made availat)le from Huntingdon library, tho Cromwell Museurn, or in downloadable form frorn the Museum s wèbsit¢. An audio lour was producèd using the Museum's Smarttly account which could be download&d using iheir app or by using QR codes on the inttsrpretatlon panels next to the grlworks. The trail remained in place until the end of Seplornber 2021., one tsf the artworks has r8rnained In situ as the George Hot81 be¢ame so attaGh8d to itl Over 500 trail leaflets were handed out srkd 8 large amount of po8itive feedback gained from vL%itor5'. "A great Init18bve lo promote ourown ￿n￿ue history.. "Fèbulous idea... reèllybrings a smilel Building Capacity- LearningF Offic&r8nd Fundraiser One of the key pricirEties that we sel for this y88r was building additional stsffing ¢apacily into the TrusL Our gro￿ng need to engage with our local community, develop our lrfelong sducation offer16d us lo seek lo apptsinl Learning and Community engagement Officer to join our curator as a see¢nd membgr of staff. A grant from fhe Wolfson Foundation in the autumn crf 2020 01 £35,000 enabled us to employ Kristina Kapitza, whr> started with us in May. Hor focu5 15 on dev8loping our famlly learning activities. educational visits, and links wlth communty groups, helping us to grow and develop these essential aroas of our work, as well ss providing support forthe day-to4ay running of the Musèurn. Kristina has pr(Trved a transfoimakn'onal member of tho team. Trustees also took the dedsion to engage 8 fvndraising con$tJttant for 12 months to dev8lop a robust fvndraising strategy, case for support and work on applications forfunding. Jasctn Dyer was 8ppoinled in September 2021 and has h61pod professionallse our fundraising activitiès over tho last year and raiso wtal lund8 for our work. CROMWELL MUSEUM TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022 Biinging Ihe Past lo Life- the Huntingdon Witch Trlals Ov6T thè w88kend of 6th & 7th November 2021 we staged dramati2ed rg¢reation of the exarninations by Justices of the Peace ol ninè peoplè Islx women and three men) from Huntlngdonshir8 accusgd ol witchcraft in May 1646 by the inlamous'witchfinder G¢nèral' Matthew Hopkins. The trials of these people took placo in the Shire Hall in Huntingdon, which stood on the site of the current Town Hall- four of the accus8d wèrè found guilty and hanged on Mill Common, 375 years ago. The event was stsged in the atmospheric surroundings ol Huntsngdon Town Hall's historlc courtroDrn- the sGripl was developed from information from contemporary accounls 8nd written by Museum volunteer John Davies and tts Curator Stuart Ormè. The part8 were played by members oflhe Sealed Knol R&enactment So¢iety with Stuart acting as narrator. Our Leaming Officer and a team of len museum volunte6tS Stewarded the event and acted as Yronl of house,. The event had five perfortnancgs over iwo days, with 92% of tiektts sold. Feédback was unwersatly positive, with 'rave reviews, postèd. Thès8 were just Some of the commènts: Loved it, YOU W8r8 811 brilliant, Ihankyou formèkirtg history so Inte￿ling. We re8lly enjoyed the gvenNngll So nl¢& lo leam rn0￿ about the history of Huntlngdon 8nd do something a blt Ex¢gll&nt resea￿fi and re4nactment- very IhGroughly ￿searched by Ihe curatorand hlghly infomi8éiv8 narr8live Fffrst class porfomiance ￿ndaY lunchtime. Love whalyou're thng, and ws look fortW8rd lo yournext offeiyng. I must $8yils made me think a blt more d66ply abo(rt this gra. Good Luok with the of ggttln9 8 monum8nt Huntingdon ft>r this part ofour locèl history. I thftnk rfs a g￿al ideal Wonderful, Fnfornn8tiv8, ancl thoughtprovoking. Very well presented such an almctspherie sètting. Bnlli8nf. we I0￿d it. 11 ¥vas fike a show &nd intergsting lectutE all In onel On8 attendee was Èven moved to poetry.. Every harsh footfall w&$ f*R in the building, the 8tmosphere, heavy thrt)ughout th& who16 pla￿, the maglstrat&s pr6sence n8Bnl long anxlous moments, rhe Wifchfindèr G6ner81 m8rlÈ this a dark space. rhe a￿USed were brought in with n7u¢h wailing and screaming, ftrrced through the courtroom 8nrl uflder clure54 the gvffd&n¢& of all their ¢￿￿eS just h8arsay, the fim85 th8t they lived in Wf)uld do nothing Ipss. the poor snd th8 Jowly hacl no ¢hanc6 of}usbcè, sentsncod to stsrtLI S CDUrt for Iheir crimes, son7& w&re found innocent, no chmè to 8nsw8r, but some ofthern Pe￿8h￿￿ in gallow•made times. Measuring 8galnsl our Strateglc Obj8CtffWg Our mission is to engage as many people as possible wth the story and sKJnrfican¢e of thg 17th century soldier and statssrnan Oliver Cromwell. Our strategic priorati&s gs set out in our Strategy. This was revised and updated by Trustees and Stsff in n8uFtalion wth volunteers and other stakeholders in Novernber 2021 are.. An unrivalled Gromwell collection & archNe Engaging people witti Crornwell's Story Supportlllg Cambridgeshire's Visitor Economy Supporting learnlng lor all A sustainatAe lutvr CROMWELL MUSEUM TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022 Achlevements and pèrformance An unrivalleLY Gromwell collection & 8rclJl To ensure thls Dutstanding cglle¢tron of art, artefacts, and archival matérials Teiatyng to Cromwell and his timès,. has a secure future wth th6 Trust, is aecessibte to all, is recognised for Ils pre- eminence and is ever growing, through &cquisltions and loans. With the reopening ol the MuseLfm after the last Covid-19 lockdown we finally had the opportunlty to walcome incrèased number8 of vi8itors to see our refurblshed display8 and engage wrf(h the increased number of objècts on display. The end of IoGkdowns allowed us to Ic￿k again at expending the collection and the facilltation of loans. This Included the transfer of the Icing-term loan agreement with the Bush family, Cromwell's dèseendants, Meanin9 that all such tem)s are now hBld direclly with the Trust. We were also able io t8k8 in sever81 new btems into the collect￿￿.. 'King Cromwell, play theatre programme, 2006 A promotional photo of Richard Harris in the film'Cromw*if, 1970 A transfer into the collection a 14th century C3rved oak beam from Crormwell's house in Huntingdon from Ramsey Rural Museum Pamphlet. An Ordint7nce touthirjg Surveyors of the Highways,. 1654 'Hue ond Crie ofter Generulmussie, (bound volume 3 pamphlets), 1647 Clarendon's'History of the Rebellion in Irelond,, 1720 'Flagellum- the Llfe, Sirth ond Death of Oliver Cron7well Lute Usurperf, 1663 We 81so took in as a long-term loan a portrait which may be a rare paintlng of Oliver Cromwell's mother Elvzabeth. A p￿vate owner approached the Museum reeenlly in the summer of 2021 with details of the paintin9. which had been stored in an attic in St Albans. wth a view lo loaning the painting for publi¢ display. Research has shown that the p#inling was identified as b8in9 an irnage of Cromwg11's mother as far back as 1764, earfier than other putative paintings of her. It tswned by the Eads of Sanfjwich at Hinchingbrooke House. a family and property clos8ty assoGiated with the Cromwell farnlly. It has now been carefully conserv8d and will go on disptay in April 2022. We also look in several Items as short-teTm loans for display in temporary exhibitlDns, Kith 3 items from the Norris Museum for our Hunlingdonshire Witches display. and 14 items recov8r8d from the wreck ol the warship 'London' for the Cromwell's Na￿ exhibiL These were found as part of a programme involving the London Shlpwreek Trust, Cotswold Archaetslogy and Southend Museum Serwces and the loan facilitsted by Histtsrlc England. We aro very grateful to these organisations fortheir support in enabling these loans. Wè havè continued to prtsvlde a¢¢e55 to collBction8 infomialion. with the Curator continuing to deal wth an increasing amount of collections enqulries. We are thergfore looking at the digitization of the collection as a priorty going forward to provide greater a¢￿$S and help mansgs th8 number ol enquirles. Engaging People with Cromwells Story To bring to life and engage peopl$ with the rgmarkable and controverslal story of the lffe and times of one of the s&min81 figures of British hlstory, the sokli¢r and statesman Oliver Cromwell. To do thi8 in an engaging arld informative way, reaching as kwde an audien¢e as possible, encour89ing people as a rèsult to expSore the wder règlon. Learnlng from the digital engagement that we dèv8loped during Covld, we have coftUnued lo reach out to audiences wolldwidg. Continuing our popular lectur8 series using Zoom, wth attend8es from across tha UK, EU 8nd USA. Eight lectures were held during 2021-2 thich continue to get very good attendances. Numbers attending Museum online lectures Number of YouTube videtss u loaded Number c>f YouTube vldeo view5 2021-22 2021-22 2021-22 1,142 26 22,955 CROMWELL MUSEUM TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022 W? have alstr eontinued to make good use of our YouTube thannel, with one Dr b¥0 videos uploaded per month. Social Media continuès to be anolher tool for engagemènt, with us having reached over 8,000 Twtter followers aniJ 2,500 Fac&book foll¢w¢rs by the end of March 2021. We havè also launche¢J an Instaoram account during the year. The end of the Jast loekdown allowed us to bÈgin to stage irTr.person events and tgmporary exhibltions again. Our reopening display on the Hunttngdon Witch T￿al8 ran from May until September 2021, proving to be very successful. It highlighled the 375th anniversary of the trlal of 9 people from the area in May 1646 for witchcraft, accused by the infamous 'Witchfinder Geiieral. M*th&w HOp￿"n$. Our Town Centra Art Trail ran alongside in the town promoting our reopening (see abovÈ for comrnentary and more detail on this). Our Cromwell's Navy display followed up from December until the lollowng April. hiuhlighting tho signrficant part played in thp development of the modem navy by the republic of the 15SDs, particularly 3 men who all went to school in thè buikling which Is t(xlay the Cromwell Musèum- Cromwell, Edward Montauu, 8r)d Samuel Pepys. ExhibktionlEvent Datè$ Huntin don Witche5 Exhibition 19M 25Se tèmber 2021 Cromwell's Nav Exh1o￿tiOn 4 De￿mber 2021- 23 ril 2022 untin don Art Trail Tour 11 Au ust2021 Cromwell's Huntin don Walk 25Au ust 2021 Fake Newsl Printing Worksho 16 & 19 Soptember 2021 Cromwell's Huntin don Walk 29 September 2021 Courtrooms b Candleli hl Tours 27 October 2021 Exarnin8tion of Huntingdon Witches Drarna 6 & 7 November 2021 Meet a Soldier at Sea Ionline event 26 Februa 2022 Ciomwell's Na Stud Da 6 March 2022 KPIS 4,251 3,005 18 143 21 45 253 56 28 Week@nd Events W8r8 more problematic given concerns over chan9ing Covid infection rates, pathcul&rty in the winier of 2021 with the Omicron variant, lim￿n9 some in-person activities. It was sts"Il pleasing to see a growth in fotstfall and attendances 8t events over the year. We also delivered in per80n and online faMil￿trIendlY a¢tivities, workshops, and trails throughout August, during Oetober hall-term, and February half-temi. over the course of those events, we angaged 27 adults and 114 children. As with our main events. attendances Yemained quieter than b¢fore the pandemic due lo th8 continulng con¢em over Covid-19. howevèr those that dld attend very much énjoyed them. M4th fe8dba¢k such as-. Yes il wa8 bnllknt to gel involv6d wilh Ihe art èctivilies- ￿'dS and grownups all Icpve¢Y it!Artist fab- th8nkyou so muGh.' Very ￿11 org8nis8d and InslnJGtion vsrygood. ttis &x¢¢llenl Ihal SUGh oGtiwJJes are belng arranged. Would certalnly ysit., Thi$ Ns 8 reallygrgat tr8il, il's much b8tterfhan othgrtrai16 S89n at otherpl8ces. I like th8titgets them to ctU8lly engage and look 81 the objects on display, rathor than simplyfinding th& handprints on the wall or something., '1 loved thE pike16860nsl' Supportfng C8mbrfdgeshlre$ VrsitorEconamy To make the Musèum, its collections, and stories as vislble as possible. We want lo bring as many visltors as FyJs3ible to Huntingdon to see us - notlust to spread our message and increasè our sustainability, but to b8n8fit the town & surrounding area too. This will help cèment the Idea of this being 'Cromwell Country,. Th& oveTrll numb&rofin-person Visitors for 2021-22 was 8, 721. a rebound to almost 80Qlo ol the pre-pandemic numbers for 20",9-20 ot 10,429. However, given that 7 weeks ol the year were lost to lockdokfft5 a further 2 months of restrictlons on visitors followed, this is to be considered a remarkable comeback, and 8 higher proportton compared to'normal, visitor numbers agalnsl other museuFns in the reg￿n and nationally. Our international visitors disappeared 81mosl entirely during 2021-22, hardly surpTising given tho restrictlons on intemational trav81, bul were made up for by UK-wide visitors from outside of Cambridgeshire. a benefit of the push ftsr 'stay¢atlons', who accounted for 50¢14 of our visltOTS over the year. The ￿Ma1nder were local people from Hunlingdon and Cambridgeshire, showing 8 loyalty from the local community to support the Museum. Using the AIM Toolkit for economic valuè it is esumated that the Museum was worth £178,656 to the local e¢tsnomy In 2021.22, even wth these i¢duced numbers. CROMWELL MUSEUM TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022 With the sltuation post-pandemic focused on gromqng back audiences. ther6 h25 been little opportunity lo develop wid8r strategiG partnerships ￿gardIng tourism development, although meetings with the Combined Authority for CambridgeshiTe and Pet&rborough have led tts a recngnition at 8 Strategie lèvel of the value of tourism. For 2021122 we havé been more focused on that development ￿thIn Huntingdon itsew. growing links with local businesses through our Town Centre Art Trail {seo above) and daveloping partnership projècts for 2022 with BID Huntingdon. One ol the businèsses that we now have a strong link with is our local rail company GovialThameslink, who have plgced a replica of one ol athorks promlnendy in the slatlon èntr8nce to promote the Museum and are planning signage to (FS as part of thèir redevelopment during 2022. We continue to work &￿th t￿lleagUeS al the National Civil Way Cèntrè in Newark and the Royal Armouries to develop a subject specialist ne￿Ork For the peri(Kl of the Civll W8rs, lo share knowledge and resources, orgsnise loans and partnership exhibitions, and promote our sites to visitors. Our Curator has alsD become th6 chair of the Cambridgeshire Museums Forurn, a group which altns to grow partnerships between museums 8cross the county. Supporting learning forall To create an 6nvironment, both physical and Nirtual, that ¢&n be usèd for learnlng for all ages, purp08es, and abilities, and lor a variety of subject$- be it lor academlc study orfor enjo￿nent With the end ol restrldions and the reopening of tho Museum in May 2021, we began tts welcome schools back to the Museum. We wel¢omed 171 primary students and 31 se¢ondary studénts in person to the Musèum, from Norfolk, London, Hunb"ngdon, and wider Cambridgeshlre. However. not all were comfortable with relyrning In persc>n, and $0 we continued to offgr online workshop5 and resouices that could oe used in the classroom, whlch rwnoved many ol the barriers for school Msils, including travel costs, HeaFth and Safety lo8pecially règarding Covid-191, and pressure on timetables. We delivorèd virtual SESSiQnS to 161 prtTn8ry and 45 secondary studgnts. and through u¥e of our loan boxes by 21 primary and 290 s&ctsndary students. We rec&lvèd excellent f6edback from tegchers, who saw great value in btsth our workshops and loan boxes in supporting stud8nl8'1garning about OINer Cromwell.. W6 felt that as a whol& th& fftomlng pitGh6d at a good levèl for the age of our childr￿. Thfjy came back lo school with a lot of informalitsn that they ￿re latèr abl6 lo use to h8lp th8m with *h8ir study cTrf both Cmmwèll 8ft)d the restoration following that., 'SomÉ saw the fact that they èble to see and louoh artefacls - especially we&ponry- as tho highloht of fh>ir moming, snd others ￿allY enjoyèd the museurpT, discov&ring the drawèrs, and as child put it.- being SO closfj lo stuff thgi belonged lo Oliver Cromwell.., 'fhg loan box did support our teaching about Cromwell, as we appm&clJ these lesstsns through the lens of InÉ¢rprslations. 50 9etting students to handle sourc8s worked to showstudents how knowledge of th8 past Is constructeLI. The loan box also support8¢1 our te8ching of th8 Bniish Civil Wars thr¢>ugh world building particularly the objects in the box lo build a sense of p&riod IFJ which the civll war tookpl8c8.' The students Trally &nioyed Independ&ntly h&rJdling and reading through the sourcss an(1 were enga￿￿ some lively discussions about what they discovered about Cromwells lif&.' 'Il supported us knowing why 8 local person (Oliver Cromwell) was a swnthcant pe￿ort History. Wa liked th& Iy8ft7ds on elèmenl of th6 resouKes ar￿ fvme to explore. We found the lett$r$ and other information laS￿natIng to re8d.' In addi£ion lo delivering 8essltsns to schools, our Learning and Communities Officer has been focused on reviewnu the existing leaming offer and dev61oping it to be more wid&reaching. This has involved the creation of ew educatlon brochures, which h85 allowed our 8ducalion offer to bè marketed more widely. She also began work tsn 8 new serie8 of KS3 and 4 dassroom videos to bring the story of Cromwèll to ¢lassrooms in a mor8 acoessible manner, whlch has been made possiblè by the Goodliff Fund. These videos wll be tnado available in ulumn 2022. The Museum also involv8d in delivering th8 annual Cromwell Association Sixth Form Conferents, whicn took place onling In 2021 wth recorded contributions from four leading acadèmi¢s on the period. A sustainable mus84Jm fortufuro generations For the rnuseum to benEfrt from strong and dlver8e income streams through philanthropy, commercial actlvity, and collaborÈtion ￿qth funding bodies. The Museum Is supported through a n$twork of kgy stakèhtslders and partners, loc2lly, regionally, nationally. W8 8lso wish to ensure that our anmronmental footprint IS 88 low as possible aDd that we are conlrlbuling In the b*Ue against Climate change. We engagèd A freelanTr fundraisér, Jason Dyer, to work with thè trust to d9vdop a mbust fundraising strategy and to begin lo dellver this to be able lo fund our ambititsns for clevelopment 2nd expansion from Seplgmber 2021. Jason has put together a robust fundraising strategy over the winter of 2021 and by March 2022 had begun to action this with * steady stream of applications to trusts and foundations to support the Museum's objectives lor the coming years, which began to bear frull into the next year. CROMWELL MUSEUM TRUST REPORT OF THE TRUSTEES FOR THE Y&4R ENDED 31 MARCH 2022 As large-scale grants had beén re¢eived the prevJoy5 year. much of 2021 was spent fo¢usod on delivering those projeds for Arts Council and Art Fund rather that applying for new onas. We did receive funding of £12.000 from Hunlingdonshlr8 District Council in &upport grants, £452 from the Goodirff Fund of Huntingdonshirg Local History Swiety towards Producing online educational vldeos, and £650 from Cambridgeshir8 County Councll's Museums Devol¢>prn8nt Fund towards now collections management emergency equipment. Wa are tsking due considerat￿n towards reducing our environmental footprint and are looking at ways in which we ty lo reduea our energy usage. AES lighting and inlera¢tivos use LED technology to ieduGe light levels and as they are low &nèrgy. We are expEriwenting with ways in which we can reduce the usage of our air handling system, kthich eats eleetriuty. Flnanclal review General Fund Incomè for the year cf £59,413 was a raduction in total compared with thè Previous year12021.. £105,8741. The result for the year was a defiryl of £24,414. Total Income for the year was £93,609, with expend￿￿re of £185,802, resu￿￿9 in a net d&ficrf(, includlng designated and restricted funds, of £92,193. Totsl reserwes stogd at £719,368 al the year-end, ol which £3,804 were des￿nated funds, and £1,910 restricted funds. Generous local finan¢ial support was recelvèd again from Huntingdon Freemen's Tru81 and Huntingdon Town Council, as well 8$ from caMb￿dgeShlre & Huntingdonshlre Family History Society and Huntingdonshlre Dlslrict Council. The Association of Independènt Museums continue(f to provide financial assistan￿ and other support. Futura plans Given the pondemic seems to have eased. w& Can beuin to l¢)ok &t next year as an opportunity to bggin lo work again towards r>ur longer term goal of an expanded Museum. A review of our Forward Plan by stsft and trustees in November 2021 reaffimied this as our long-lemi goal and s81 ovt actions towards this and tsther developments. Grow5ng Audienoes.. as wè move back into the first post-pandemic year. we can progr8rnme events and exhibitions for more in-person activities as well as still utilizing online activrty wthere appropriate, gmmng both our audlences and income. This will include dev8loping our group w$its to both schools and specialist tours, welcoming these back for the first time. 8$ well as sèèking to attract new audiences who hsve not previously vislted th8 museum. Increasing Fundraising,. Uslng our freelance fundr8i$er we wll ¢onb"nue lo develop our income streams. not just with grant applications, but starting to engage private donors and reform the Friends 0￿ the m￿Sell￿ into a Membership organisation wthin the Trust. Colleetions Ac¢ess we wll continue to develop local arld national partnèrships that will aid wtth loans to the collections for both temporary displays and w?th a view tD expansion of th8 Museum. heSp promote the museurn and develgp tourism for th8 region. We will appty for Designated Status lor our internationally important collection ol artefa¢￿. Above all, we Mqll seek funding to Sel up a project to digitize our collections, making them MO￿ aecèssible online including quality photography, dètalled informalon, and thorough transcrlptitsns. Future Expansion.. We will continu8 to plan and work towaids our longer-tem) goal ef an expanded Mus$urn that gives us thg space and facil￿e$ to most effectivety display our colle¢lions and tell our remarkable story, putting th8 Museum on the map and creating a destination attraction for Hunlingdon. Risk Mat7agemeFFt The Trustees have examined the major strategic, busin¢ss and opèrational risks whlch the Museum fooes and nfirtn that systerns h&va b88n established to identlfy thg appropriate 8¢tion to be taken to manage thos risks. Publlc Benefit The Cromwell Museum Trust was established in 2015 to takè over the man8gÈment and development of the Cromw611 Mus8um in Huntingdon - then under threat of closure. ThE Trust's formal objèctive as a re9lSt6red charEty is 'to adVart￿ the educalion of tho public in the Irfg andlegacy of Oliver Cromwell, Lord Protpclor, by the &stablishn7ent and m8intsnance of thè Museum such ways as fhè Tmstees see fft,: The Trust operates the Museurn and its assoei8t8d activities to provide several Public Bena%lts.- To curate, care for and interpret the worfd's best colle¢b'on ol artef8cts relatng to tho life and timès of the 171h eentury soldier and statesrnan Oliver Cromwell To make the collections the stories related to them acceBsible to visitors in person at the Museum in Huntlngdon, di9itally online and via social m8dia REPORT OF ThE TRUSTEES FOR THEYEAR ENDED 31 hlARCH 2022 To promok and mtknibute t+ pub5¢ (t1￿*Stan￿rt9 about Cromwdf8 llfe and timesthrouyh a var58tyof means, ￿￿UdIng permaneRt and lemprirary museum ¢Jisp*, spedd evtt)ts. ta￿. lours, researrh. publications, • websit8. and so¢>al rn To stimulale pubfEC debafe $rrfl awareYJessabrbJt this hugety SI￿￿￿¢aN1 W 0￿0￿e￿I w¥dividual. télling his storytsirfy, aCcUrats￿, but aiKI aly To promote and prom.de leaming opportunities about this important wiod of filsw, 88W811 as cross- curr[￿lar topic¥ induding art. sdèn¢< Thus￿ ar5d drama lo ag agtys 4nd abiliti89, bolh f￿f0Mla1 education and informal leamlng. We engageivith school4 £5ni¥eFthes, sotielies. and h)dwithJal feamers of all types. from a]1 overthe Wi)rtd To %Mth our tocas comrnunitylo promote Hlmtingdon as a to live, w*kaAdNisil, bFH)ying in vistiors from all over the and FxovidW￿ a.uJlbJrJ wtre for ￿ people To operatd susta￿2bty. en$urfng the besi 4tse of the tun(ts we ¥aise. ¢)ur wwironmen footprinE an4J supporthig ourstaff and volunte¢rs lo del¥ver 3eN4¢e& RosèNes Poliey the int&ttion of the Trustees to create a ￿SeDle of £40,iXID to fund re￿riEnt cx>sl& Pjrt fundralslng at pre3enl Is Concentrated on m¥irtalnlng the continu¢d exÉ5terKt of Ihe museum and the Cuyatofs posL The ev&nbJal 8Fm ig lo develop wfficient addlfonal TWUr￿ to e￿a￿e dgn"Trfi¢8nt expansion of both Ih@ prop 8NS acthrtts ofthtrmuswm. Ftee resetves at31 Marth 2022 y￿e£s5.054. Regi8thd Offtce Huntingéoft LO)rary. Streat Huntingth. c*nbrlduesl￿￿ PE29 3PA B￿kerS Ltoyds Bank pE ￿ntingd(m. Cambtidgeghire Soliotors LGSS L8w Lttl. Scott Hous8. 5 Georg¢ Slteet Hunfryd¢)n. Cambs. PE29 3AD Gregnwoods Solthrs LLP. Monkstone House. ¢ty Road: Pe*)rough. PEI IJE StatomÈttt cfTntstees' respoNsitMTrti&s The Trustees are ¥esponwble for PTeparing TTUSteBg Report￿￿ thè ffi)arThlslAtemwEskn wlh applic*sle law at]d unl￿ lthgdom Slwdards (United Generaty Attetsd Charity law taqulw theTrust¢es to pwarefinwwta slatemth for each ffna'niiaj peiw true ancs fair vtew of the state of of the c*t*it&ble compaw of ts inc4>ming resources gpplrRtion of resources. inch]d¥ig the ift(x>me and expenditure. of the Chartsb￿ compony for th& peFKKI. lo piepaTing thes& financNI ststements. theTTuslees are required ts: sele& suitable aCc(￿nting poktes and apptythem ¢xmi5te)ty. obsewe the method$ and Prinoples in the C￿ntIeS SORP", make judgements 8nd estimate8 S￿ reas0ftab￿ and wudentr, state wtr>ether appl￿ble UK Aceounltng Standards have b8en folowe¢t, to any mtsial departures disdosed 2nd expE3ined in the finanod Statemen￿. pr$par8 thg thanugl stslements on a gomg con¢em k)asis ￿10$$ inappr¢Jpifjate to presLMe that the dkrlty wnl ￿nt￿￿e In Operat￿￿. The 7nJstees we responsbfe kn k8epioy proper ac￿EM￿ng Terxjrts wh5th ￿sd(}$o vJith reasonable acGura¢y, at anyt￿ne, the finaneJal POSitIr￿ of the Ct￿lIable In￿rPOrated Organisation and enable them t* ensure ttwt th• nanual statsmetts comply vth the Clhwtses Act 2011. Thoy arè also respwsiblo fDr safeguarding thè ass¢ts of the Chaiiiablè Inw￿OratBd Organisation and hence for lthiry reasonab￿ stw3 lor Ihe preventi￿ and dgte&iM of fraÉkJ onfa other]￿e￿*r1fiQ$. Approved by the TA￿{*S and S[gne￿ ￿ their behaifby. W M WtGVey CROMWELL MUSEUM TRUST INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES I report on the financial slalemenls L)f the Charity for the year ended 31 March 2022 which are set out on pagès 10 to 16. Responsibilities and basis of report As the charitys trL58tees you are rèsponsible for the preparation of the accounts in accordan¢e with the reouiremènts of the Charitlos Act 2011 ('Ihe Act'l- I report in respect of my examination of the ¢haNty's accounts ¢aTried out under section 145 0* the Act and in Carr￿ng out my examination I have followed all the appli¢able Direciions given by the Charity Commission under sèction 14515}Ib) of the Act. Independent examlner's statement I have completed my examination. I confimi that no material matters have comé lo my attenlipn in connection with the examination giving me Cause to beliève that in any material respect: 1. accounting recor(Is were not kept in respect of the ¢harity as requir8d by section 130 of the Act- or 2. the accounts do nDI accord wth those records,. or 3. the accounts do not comply wlh the applicable requirements ¢on¢erning the fom and content of accounts sel out in the Charilles (Accounts and Reportsl Regulations 2008 other than any requirement that the accounts give a %rue and fair view which is not a matter considerfjd as part of an independent examination. I have no concems and have Come across no other matters in Connection wlth the examinallon to which attention should be drawn in this report in order lo enable a proper undèrstanding of the accounts to be reached. Chater Allan LLP 7 Quy Court Colliers Lane Stow-cutn-Quy Cambrid CB25 9A Independent Examiner.. Stuart Graham Berriman BFP, FCA. FCCA Date.. 17 January 2023 CROMWELL MUSEUM TRUST STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022 Unrestrfctsd De$i9n4tsd Restrictsd Funds Funds Fufid$ Genètal Fund Total Funds 2022 Totsl Fuftds 2021 Nots Income from: Donations and legacles Olhsr trading atstiwties Shop sales Ev8nt$ RÈprodudion f8gS 36.694 34,196 70.890 187,123 11,825 10,496 398 11.825 10,496 398 13.081 6,431 Total Incom6 59.413 34,196 93,£09 208.635 Expendlture on- Raising funds Fundraising costs Charitsble activity Advancement of gducatio other trading 8¢tivities Shop purch8se5 30.246 6,751 36,997 1S,221 67,083 30.964 43,583 141,610 91,043 7,195 7,195 5.953 Total Exp*ndilure 1D4,504 30,964 50,334 18S.802 112,217 Transftrr betwegn funds 20,677 120,6771 Net in¢omefiExpendlturel and mo¥ement In forthe year 124,4141 130,9641 136,8151 192,1931 94.418 Total fvnifs brought fotward 738.068 34,768 38,725 811,561 717.143 Total funds tarrled lorward 713.654 3,804 1,910 719.368 811,561 AJI incorne and expendlture derNe frorn continuin9 aclwti8$. 10 AS AT31 MARCH2 RXEDPSSEYS TarY]b￿ ass* 65&150 CVRRENT ASSETS DebtOE5 C*h alb￿k￿ 9.01 36,111 758, 1369 924at1 12,750 n9.$68 1,561 10 10 817A61 )pro&Edtyths BwdofTruskès ands¥Jwlth tIEiTbehalfby. WMWe¥ CROMWELL MUSEUM TRUST NOTES TO THE FINANCEAL STATEMENTS FOR THE YEAR ENDED 31 hlARCH 2022 ACCOUNTIWG POLICIES 1.1 Basls of prep•ratlon The flnaTKX?I stalem8nts have been prepared under the histortal ¢ost ￿nven￿On. The charfly conslilutes a wbl b*nefil ent￿.Y as deln8d by FRS 102. The fin3nclal statements have been prepared in accordence Acoountin9 gn(l Rsporting by Chartll&s.' Stslemenl of Racommendad Prdcli* appllcable lo charrties prepaThng thelr 2¢wunts in a¢wr(lanc8 ￿ryth ihe Financlal Reporting Stand3rd 8pplIcab￿ in the'JK and Republlc OF Irelano Bsued In Octt>ber 2019, the Financial Reportlng St2ndard 8ppli¢able in the Unit.&d ￿ngdoM Republic of Ireknd IFRS 1021, the Chsriiies AGI 2011, the Comp3nS6s A-t 2008, &no UK Generally Avpled A¢¢ounting PracliGe. nescriplion of Fund T Unrestricted Funds m8y be used lor any purpose permitted bythe Chtril8ble D2ed. Restrittèd Funds are funds under the Contr￿ of the Trustees, Ihé a5set8 and n&t i￿Orne olwhich rDay bè used only for cert81n purposes. 12 Golng eon¢em ba51s The Tru$lees consmyer Ihatthe golng contem basrd is appropryab as they consider the re88rves levgls and &xpectod Inv&stm8Nt inwme to be 8t sufficient levels to ensure that thè Trustees can meet thoirfinanclal obligètions for the next 1210 18 month8 on that basis Ihe Charity is a goin9 coneem. The Trustees have considere(I Iha potsntisl Impact on th8 chaity of Ihe current global pandemic know as CQVID-19. In the o￿nIon of the Trustees thefe ￿11 be no mal&rial adverse efféct on th$ charity's abilrty to con11n￿ as 8 golng wncem. la Financial Reportin9 Sta#d•rd 102. Rèdu¢ed Disrlo¥ur8 Exemptions Th& Tru5tsas have tsk8n attrfantage of Ihe fullowng dlsclosure exempb'on In preparing the8e finan￿￿1 ststomèn15. as Permitted by FRS 102.. - the requiremonl of Sect￿￿ 7 Slalemenl of Cash Flow5. 1.4 In¢orne Incomè is lTr¢luded in the Statemert of FlnanJ81 Adivtbes ISOFAI when th8 Gharily is1$9ally ent￿led to the income after any pèrform8nc* wnditions have been met, the amount ¢an l)e rneasured re1￿bty it is probablè that the Incorne will be raceivod. Dtrnationg and gtants are trealEd as Income whèn any cond￿'onS imposed by the donOr￿n¢8m1n9 Ihe transfer of funds have been mèt. Income from a￿1￿1￿￿8 lo gentsratefunds Is 1O*ed as incorne In the period the eY8nt look ￿a￿e. Grft is re¢ognwed when the company i% enUll*l to it. l.$ EXpendI￿re All expendbture is ac¢ouTrt8d for on an accruals basis and has been dassffled under headiros that aggre9ale all costs related to th& tategory. Expenditura 15 recognised &vhere ther0 is a l&gal or construdive obllgalion to make payments to third parties. it is proba￿8 that th8 settt&ment wll be required and the amount of the obli9ation can be messured reliably. Grants payablt are treated as resources exptnded when th8rg is aft obllgation to trynsferfunds. Costs in relalion to the 8dminl$trtstion of th& chirity 8r8 alloGatfrd to g¢wemance costs. l.$ Tangible fixed assots Heritage assets represent the wllecbon hèld by the TA￿{fOrt￿r¢0n1rDI Ution to k￿￿edge culture. The #58ets weie Valued by gn ind8ppndenl &xpert in 2016 b8s&d on insurancè value. No deprecltuon Is ch8rg•d on Ihe heritsge assets as their economic Irfe high ￿SIdUal valu8 mean that any depre¢i4ti0 would not be material. Hedtage assets are rgviewed 81 the ye8r end for8wdenc& of impalrment and adJ￿$te￿ 8cwrdingly Within the Stalemenl of Financlal Activi118S. The Museum redeVelOp￿nt cests wll be depwi8ted over 10 years and IhÈ redwelopmenl wa$ ¢omp4eted on 1 March 2020. 1.7 Stocks Stocks artr Yalustt èi the lower tsFco$l and r￿t rsali$able valué, after Ma￿ry due ￿low￿¢￿ for obsolale ano shw moving items. 12 CROMINELL MUSEUM TRUST IIOTES TO THE FI￿CIAL STATEMENTS FOR TrIE YEAR END&LI 31 AIARCH 2022 ACCOUNTING POLICIES Irontlnuadl 1.8 Taxa￿on The ch3riy is an exempt cbaritymrythln the meaning of sche£lul¢ 3 of the Charities Act 2011 and is tonsidered to pass the tesl8 sel out In Paragraph I Sche<£ulÈ 6 FInar￿ Act 2010 and therefore it meets the definition of a Charitab￿ companyfor UK corporation tax purpos88. EXPENDITURE OM CHARITABLE ACTIVITY Advantsmetrt of Educatlon Unro8tri¢ted Oeslgnatèd Funds FundB Gènpral Fund Re$tslcted Funds Total 2Q22 Total 2021 DITect costs LEghl aNJ heat Property costs Sal8ries Inott 31 St81f and voluntegrs Offi1￿ costs Collettion ore m8nageFngnt Education costs CommIss￿n payable Profes$￿n81 fèès Subscrlptitrns Depreciation Supp(prt costs Govern8nc& Independent examination Tyu$teès away day 12,328 3.167 11,899 883 2,510 8,329 1.394 209 3.600 12,328 3,167 77,059 1.283 2,510 t1,894 6,816 209 3.600 4,082 46,172 415 547 7,861 30.9e4 34,196 400 3,565 5.422 442 1,041 20,289 20.239 19.699 1,260 465 1,260 1.200 Total 67,083 30.964 43,583 141,610 91,043 STAFF COSTS 2022 2021 Wage and s3larles Ern￿OYerS National Insurawe Pensions 58,6 5,758 12,616 35,021 3,821 7.53Q 77.059 46.172 The W￿[￿ge numbèr of staff durlng the yearwa$.' 2022 2021 Th* two membBts of stsff are étnployett by Huntin9(bn Town CouncN. Tha crom￿￿￿ kluseum Tmst paid 2591 Df the Curators salary costs, 100% of the Lé4min9 Officerts sa18ry ¢QSts for the pariod 1 Aprti 2021 to 31 March 2022 from a grant recel¥od from the Wclfson Foundation and 100% of the gross bonuses vMIth lot8i18d £500. Thé trustees reGeived no r8muneration orexpenses during th& yaar. 13 CRQMWELL MUSEUM TRUST NOTES TO THE FINANCtAL STATEPIENTS FOR THE YEAR ENDED 31 M*RCH 2022 FIXED ASSETS Herrtage Musoum red8¥•1opmont 2022 Total Cgst or valuatlon= Ai 1 April 2021 Additions 497,346 196,9B4 5,400 694,330 5.400 At 31 March 20¥2 497.346 202,384 Dèpreciatlon.. Al 1 ApDI 2021 Chsrge for year 21,341 20,239 21.311 20,239 At 31 March 2022 41,580 41.580 Net bo¢kvalue At 31 March 2022 49 160. 04 658.150 At 31 Marth 2021 497. 72.98 Heritaga agsets represent the collection held bythe TrLÈStforthelr contrbution le knowledge arKJ culture. The 8ssets ￿￿Te valuèd by an independent expert In 2016 b¥¥pd on latest insurance values. Thgr& has been no disws31$ or impairrn8nt of horitage assèts PAnce Iheywere 3cqulred in 2Q18119. DEBTORS 2022 2021 Tax recOvera￿e Ta¥ ￿lief ￿alM Other debtorg 3.521 5,730 27,959 2,422 5.432 8.953 36,111 CREDITORS.. Due wlthin one year 2Q2 2021 Credlt(KS 8ThJ accNa15 Bank loan 5,e64 5,388 2.250 5,664 CREDITORS: Due after on8 year 2022 2Q21 ank loan 12.750 12,750 14 CROAIWELL MUSEUM TRUST NOTES YO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 ANALYSIS OF DESIGNATEJ FUNDS Fund Fund Incom EXpendI￿r0 Transfer LeamiNg Officer 34.768 30,964 3,804 34.768 30,964 3,804 Le?ming Officer- Money rereNed trom the Woifson Foundation Ihat has baan dtsignatpd byth8 trustees for use fundifVJ Ihe Costs of tha Le8ming OffiTrrfor the initial 12 month period of emplosThtnt. ANALYSIS OF RESTrICTED FUNDS Pund Avd Fund Cts￿d Incomo Exptnditure Transtor Collections 2,890 980 1,910 Salary 34,196 $4,198 Tovm Ctrntre Art Project 17,ns 9,637 8.138 Online Shop 9.760 9,760 M8rkJtlng 5,300 5,521 2211 Costs ol r&Dppning 3,000 s,ooo 38,725 34.196 50,334 20.6TT 1.910 Co(1gcIi0Tr5 Fund- MaSnlalnln9 Ihtr museum'8 colb¢Uon. Salary Fund- Generous finantyal contribLShon b•ru by Huntingdc>n Tovm counc￿ IHTCltoward5 the cost of *M￿Oy1￿g the Curator of the Cromwell Museuryt. Tm Centre Art ProIts￿ Fund- Gianl recep￿￿ to enable r8plitra work¥ of art and art*dci8 to bè displayed in premis8s around the to￿￿. Online Shop Fund- Grnnt rècèived to ena￿e ts Breatson and development of *) online shop for the mus&utn. Marketing Fund- Financial assistance reCen￿d to enable increased marf(8tinu 2CIMty to publlclsa the mu$&utn's 8Gtrvltye8. Costs of rwening Fu￿- Ananc￿l a5WStan* tryoRrds the COVID-rgialod addillon81 costs ot Mpening tha museum. 15 CROAIWELL MUSEUM TRUST NOTES 70 TFtE FINANCIAL STATEMENTS FOR THE YEAR EIIDED 31 MARCH 2022 10 ANALYSIS OF NET ASSETS BETWEEN FiJNL)S Unrestricted Funds Gonoral Fund Desi9iiated Funds Rfr8td¢ted Fun