2023-03-31-accounts

CROMWELL MUSEUM TRUST

REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

REGISTERED CHARITY No 1166233

CROMWELL MUSEUM TRUST FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

Contents	Pages
Trustees' Report	1-14
Independent Examiner's Report	15
Statement of Financial Activity
incorporating the Income and Expenditure Account	16
Balance Sheet	17
Notes to the financial statements	18-21

CROMWELLMUSEUMTRUST REPORTOF THETRLISTEES The Trustees present their report with the f inancial statements of the Cha ritable Incorporated Organisation for the year ended 31 March 2023. The f inancial statement5 have been prepared in accordance with the accounting policies set out in the notes to the f inancial statements and comply with the charity's trust deed, applicable law and the requirements of the Statement of Recommended Practice, "Accounting and Reporting by Charities" 2019 and the Companies Act 2006. Reference and Administrative Details Cambridgeshire County Council devolved its governance and management responsibilities for the Cromwell Museum to the new Cromwell Museum Trust from l April 2016. The Charitable Incorporated Organisation was registered with the Charity Commission for England and Wales on 29 March 2016 with the registration nu mber 1166233. Structure, Governance and Management The operation of the Charitable Incorporated Organisation is governed by its Foundation Document. As a charity registered with the Charity Commission for England and Wales HM Revenue Customs have recognised the charity for tax purposes. Since the charity only uses its funds for charitable purposes no taxation is then payable on the income or gains. The overall responsibility for the operations of the Charitable Incorporated Orga nisation and its finances is with the Di rectors. Trustees The Trustees who have served during the year are.. Jonathan Djanogly Peter Johnson Camilla Nichol William Mcvey lain Strath Angela White-Horan Charles Nixon Sarah Gifford Paul Lay N icola Clarke The Trust is privileged to have as its Patron, The Right Honorable Sir John Major. KG, CH. Appointment and Training of Trustees The power to appoint and remove Trustees is vested with the Trustees. Under the terms of the Foundation Docu ment there shall not be less than three

CROMWELLMUSEUMTRUST REPORTOF THETRLISTEES Trustees. Trustees are appointed on the recommendation of the Trustees or by due notice from a member. At each annual general meeting one-third of the Trustees retire by rotation. On appointment each Trustee receives copies of the principal constitutional and policy documents of the Company, with current and forward financial planning information. Trustees are provided with regular updates of relevant information from the Charity Commission and other relevant sources. Charltable objects The object5 of the Charity are to advance the education of the public in the life and legacy of Oliver Cromwell, Lord Protector, by the establishment and maintenance of the Cromwell Museum in such ways as the Trustees think fit and fulfil such other purposes which are exclusively charitable according to the law of England and Wales and are connected with the charitable work of the Charity. Objectlves and Actlvitles The Cromwell Museum has the ambition to be the key resource for the enjoyment and understanding of the life and times of the 17th century soldier and statesman, Oliver Cromwell. We have the f inest collection in the world of items relating to this remarkable, yet deeply controversial individual; we will safeguard and expand this collection, ensure that its signif icance is recognised and use it as the inspiration for an innovative public programme. Working with partners and stakeholders, we will work to make the museum. and Huntingdon, a must-see destination which will attract visitors from around the world to appreciate Cromwell the man. his life and work through imaginative and immersive visitor experiences underpinned by the world class collections and archives. We will make the Museum as sustainable as possible. In broad terms we aim over the next decade to create an internationally recognised centre to team about the life, times, and legacy of Oliver Cromwell, in the heart of Cromwell Country. This ambition was reaffirmed in November 2021 with a comprehensive review of our objectives, strategic plan, and priorities for the next three years. The Cromwell Museum Trust- Public Benefits The Cromwell Museum Trust was established in 2015 to take over the management and development of the Cromwell Museum in Huntingdon-then underthreat of closure. The Trust's formal objective as a registered charity is 'to advance the education of the public in the life and legacy of Oliver Cromwell, Lord Protector, by the e5tabli5hment and maintenance of the Museum in such way5 as the Trustee5 seefit" The Trust operates the Museum and its associated activities to provide several Public Benefits.. To curate, care for and interpret the world's best collection of artefacts relating to the life and times of the 17th century soldier and statesman Oliver Cromwell

CROMWELLMUSEUMTRUST REPORTOF THETRLISTEES To make the collections and the stories related to them accessible to visitors in person at the Museum in Huntingdon, digitally online and via social media To promote and contribute to public understanding about Cromwell's life and times through a variety of means, including permanent and temporary museum displays, special events, talks, tours, research, publications, a webslte, and social media To stimulate public debate and awareness about this hugely significant yet controversial individual, telling his story fairly, accurately, but 'warts and all, To promote and provide learning opportunities about this important period of history, as well as cross-curricular topics including art, science, music and drama to all ages and abilities, for formal education and informal learning. We engage with schools, universities, societies, and individual learners from all over the world To work with our local community to promote Huntingdon as a place to live, work and visit, bringing in visitors from all over the world and providing a cultural centre for local people To operate sustainably, ensuring the best use of the funds we raise, minimising our environmental footprint and supporting staff and volunteers to deliver our services. This report shows clearly how we have delivered these benefits over the year 2022123. Overview of the Museum's Activities 2022/23 Like most museums and cultural institutions the Cromwell Museum Trust from April 2022 had its first full year of uninterrupted operations after the pandemic, with the final removal of Covid-19 restrictions and precautions. Normal events and exhibition programming could now be resumed, and visitor numbers could be built back up to pre-pandemic levels. We used several different ways to engage with audiences, as can be seen by three case studies- 60 Years of the Cromwell Museum The Cromwell Museum was first opened on 19 October 1962, in the same week the Beatles had their first television appearance, and the Cuban Missile Crisis dominated the news headlines. The Museum owed its origins to an exhibition held in 1958 in H untingdon Town Hall for the 300th anniversary of Cromwell's death. The success of this exhibition led to a campaign for the creation of a permanent Cromwell Museum, led by the Chairman of the Archives Committee, Dr E.B. Powley. For manyyears the Museum was overseen by the county archives until it wa5 taken over by Cambridgeshire County Council in 1974. A decade later its first Curator, John Goldsmith. was appointed, who did a huge amount to develop the collections, attract more visltors and redisplayed the Museu m in 1988 and 2004. In 2014 Cambridgeshire County Council announced that due to budget cuts they could no longer afford the Cromwell Museum, and it looked as though it might close for good. A public campaign by local people led to the creation of the Cromwell Museum Trust. the charity that now runs the Museum. We wanted to mark this significant anniversary, use it as an opportunity to raise our profile

CROMWELLMUSEUMTRUST REPORTOF THETRLISTEES in the local media and thank many ofthe people who have helped the Museum grow and develop over that time. We staged a small display in the Museum explaining to visitors how we have changed and developed over the last 60 years, had a celebratory public event in October with living history displays and family activities for visitors, and had a 'birthday part¢ for our volunteers, trustees, donors, partners, and past members of staff in Huntingdon Town Hall, which included a special birthday cake made to look like the museum's distinctive buildingl The celebrations attracted a good deal of media interest with features in all the local and regional newspapers, an article on the BBC website and a feature piece on the regional TV news, BBC Look East. Developing our Learning Offer Following on from the employment of our Learning and Communities Officer in the previous year, supported initially by a grant from the Wolfson Foundation, the Trust decided to embed this p05t permanently within the Museum team. In July 2022 we gained support from the Garfield Weston Foundation to sustain and develop its formal and informal learning programme for a further three years, coupled with a grant from the Huntingdon Freemen's Trust, to engage users of all ages with the life of Oliver Cromwell and the th turbulent times of the mid-17 century in which he lived. This has led to a substantial growth in schools, usage over the last year. Apr May June Julv Aug Sept Oct Nov De Jan Feb Mar Total 383 Onsite Offsite Virtual TOTAL: 189 22 58 22 14 32 46 240 15 32 57 50 394 li 35 16 57 29 148 189 251 37 93 38 14 114 125 925 The past year has been the busiest that the Museum has ever had in terms of school users, with 925 students engaging with the Cromwell Museum including onsite, virtually, and within their own classrooms. 18 primary and secondary schools engaged with us, with 10 new schools using us for the tirst time. Included in these numbers are visits by 4 local Scouting or Guides groups. This compares to 231 students from 6 schools attending in the

CROMWELLMUSEUMTRUST REPORTOF THETRLISTEES preceding year- part of the increase over the last year can be seen as post-pandemic recovery of school vi51ts, but as the numbers attracted are double what we were gethng prior to Covid-19, the greater part is down to the impact of this project. Virtual sessions were piloted back in 2021 as part of the response to the pandemic and requested from schools which are further afield for whom a physical visit would not be logistically possible. These have been developed over the last year with four professionally produced videos which can be used as introductions to the most popular topics relating to Cromwell and his times, followed up by a virtual session with our Learning Officer, Curator or one of our volunteer costumed interpreters depending on the session to be delivered. Learning boxes can also be sent out and returned by courier to any school in the country to support and enhance these learning sessions. These sessions remove any of the barriers to school engagement with museums, including coach travel costs land the difficulty getknng a coach). timetabling, health and safety, and safeguarding. We have been talking to the Association of Independent Museum5 about presenting on this and our informal digital lecture series at their conference next year, to share our learning with the wider sector. We have also expanded what we offer to schools by developing new resources and workshops over the past year. Starting in the 23124 school year, a new GCSE/A-Level workshop on The Huntingdon Witch Trials will be available, alongside classroom resources on The Putney Debates and Oliver Cromwell. We have also established a new partnership with Oliver Cromwell's House in Ely over the past year, with a joint-offer available for Key Stage 2 and 3 students. Further partnerships have included hosting sixth form study days with the Cromwell Association, attracting 181 students, and Parallel Histories which attracted 38 sixth form students to look at Cromwell a5 an area of contested history and controversy. Both included input from several leading academics. This is just some of the positive feedback from teachers this year.. Some loved the Q&A while others enjoyed going around the museum and seeing the replica guns/armoury and (711 the items rel(yting to Cromwell. It will be useful to underpin the curriculum content. I've already taught my Y135 (who are 3 days away from their exam) the quote that Cromwell was o 'religious rodical but political conservative,. SO there s lots to layer into the coursel' Year 12 Teacher My students enjoyed looking ot the ortefacts at the Museum... [the CurGtor's] answers to their questions were pitched really wellfor Students. It was based on content they werefamiliar with but then gave them extra informotion they wouldn't have known... We've plonned on essoy on the back of the visit.' Year 12 Teacher 'The use of resources, practical hands on opportunities ond interactions with both stoff wos motching to our pupils, leorning needs who hove o mixed ronge of special educational needs., Primary SEN Teacher [The Cromwell Loon Boxj supported us knowing why o local person (Oliver Cromwell) was a signifi'cant person in History. We liked the hands on element of the resources and time to explore. Wefound the letters and other informotion fascinoting to re(7d.' Year 3/4 Teacher

CROMWELLMUSEUMTRUST REPORTOF THETRLISTEES Birth of British Democrocy? Remembering the Putney Debotes th November 2022 saw the 375 anniversary of a remarkable meeting took place in St Marls Church in Putney. In November 1647 representatives of ordinary soldiers met their generals to discuss what sort of government the country should have in the aftermath of devastating Civil War. Some of these men - nicknamed Levellers by their opponents - proposed radical notions for the 1600s, including that all men should have the vote. To tie in with this important event, the Museum staged an exhibit on the Leveller movement from November 2022 to April 2023. The exhibit looked at this radical political group and their origins, giving an opportunity to display items from the Museum's reserve collections, and raised questions about the nature of democracy and freedom. We invited visitors to respond to this by leaving comment cards with their suggestions as to how improvements could be made to our political system today,. many of these we have subsequently fed back to our audience through a YouTube video. In addition we held several complementary events to the exhibit, including a weekend demonstration of a replica 17fh century printing press of the sort used to produce the Leveller's pamphlets and manifestos and a talk by the noted historian of the Levellers John Rees. Our highlight was a dramatised version of the debates, created by one of our volunteers John Davie5 and performed by volunteers from the Sealed Knot society. We staged 5 performances over the weekend of 25 & 26 February 2023, attracting over 250 paying audience members to watch, with some excellent feedback including.. .ofascinating (andstill relevant) topic brought to life. Well presented... 'It was very impressive, l enjoyed it a lotl"

CROMWELLMUSEUMTRUST REPORTOF THETRLISTEES Measuring against our Strategic Objectives Our mission is to engage as many people as possible with the story and significance of the 17th century soldier and statesman Oliver Cromwell. Our strategic priorities as set out in our Strategy. This was revised and updated by Trustee5 and Staff in consultation with volu nteers and other stakeholders in November 2021are= An unrivalled Cromwell collection & archive Engaging people with Cromwell's Story Supporting Cambridgeshire's Visitor Economy Supporting learningforall A sustainable future Achievements and performance An unrivalled Cromwell collection & archive To ensure this out5tonding collection of art, artefacts, and archival materials reloting to Cromwell and his times,. hos o securefuture with the Trust, is accessible to all, is recognisedfor its pre-eminence and is ever growing, through CqUlSltions and loans. The Museum continues to maintain high standards of collections management to look after its internationally significant collections, maintaining our Museu m Accred itation with Arts Council England. We were also able to take in 195 items into the collection as donations or new acquisitions- The original artwork for the Cromwell Association's new stained-glass window at St Giles, Church, Cripplegate A long-term loan of Letter from Cromwell to Sir Peter Wentworth, written in June 1650

CROMWELLMUSEUMTRUST REPORTOF THETRLISTEES narc Iveo arre ate n, an arc covering fictional depictions of the 16405 from authors from the 1800s to today (some of which are very rarel, which she collected as part of her most recent book. Commemorative Plaque for the Cromwell 400 events, 1999 Painting of a Cavalier and his lady by Charles Landseer Ilong term loan) French history book, 'Precis Historique sur Cromwell., Anon, 1789 Postcard c. 1950 showing a photograph of the 'Cromwell Barn,, St Ives Laserdisk, 1993 in gatefold cover of the film Cromwell, Theatre Programme, production of Oliver Cromwell, 1923 'Killing No Murder'11731 reprintl- now collected and displayed. Image of Cromwell's House at Clerkenwell, 1840s The Life of Oliver Cromwel, Lord Protector,, onon, 1715 Woodcut engraving of Samuel Pepys, 1700s. nove ara en eso Iveo We continue to provide access to collertions information, with the Curator continuing to deal with an increasing number of enquiries and are continuing to develop a project to progress the digitization of the collection, providing greater access and help manage the number of enquiries. Given the significance of the collection, we will also apply for Designated Status from Arts Council England once this scheme has been reopened sometime in 2023. Engaging People with Cromwell's Story To bring to life and engoge people with the remorkoble ondcontroversialstory of the life and times of one of the seminalfigures of British history, the soldier ondstatesmon Oliver Cromwell. To do this in on engoging ond informotive way. reoching os wide on audience os possible, encouroging people os o result to explore the wider region. The end of the Covid-19 restrictions allowed us to resume normal programming, staging 3 temporary exhibits and 18 in-person events over this year: Exhibition/Event Dunbar to Durham.. An Archaeological Mystery Exhibit Cromwell Museum 60 Anniversary Displav Levellers Exhibit Dates 7May-25 September 2022 No. Attendees 4841 l October- 29 October 2022 5 November 2022- 2 April 2023 5- 14 April 2022 28 May-5June 2022 2June & 3June 2022 2-3July 2022 973 3479 Cromwell Craft5 Amazing Archaeology Activities Cromwell's Huntingdon Walk Battle of Huntingdon Re- enactment Battle of Huntingdon Talk Workshop Wednesda 35 66 23 1655 20 July 2022 3-24Au ust 2022 34 98

CROMWELLMUSEUMTRUST REPORTOF THETRLISTEES Cromwell's Huntingdon Walk Cromwell's Huntingdon Walk 18 August 2022 21 I September 2022 12 The Scottish Soldier in the Fens film showing Cromwell Museum 60, Birthday event Cromwell Crafts 12 October 2022 45 22 October 2022 157 25- 27 October 2022 61 Courtrooms by Candlelight Tours Town H311 Tour5 Political Printing Workshop Weekend Meet the Barber Surgeon February Half Term Activities The Poorest He Putnev Debates Drama 26 October 2022 31 5 November 2022 10 & 11 December 2022 49 150 21 January 2023 14- 16 February 2023 25 & 26 February 2023 24 March 2023 57 28 263 Cromwell'5 Letters and Speeches Evening 98 The three exhibits over the year proved very successful. The first of these was a touring exhibit from the University of Durham looking at the archaeological discoveries found next to the Palace Library in Durham, the buria15 of Scott15h prisoners of war who had been captured at the Battle of Dunbar in 1651. The exhibit looked at the archaeological process by which they had been identified and what science could tell us about the men who fought during the Civil Wars. We are hugely grateful to the Durham team for kindly loaning us this display. The second exhibit was a small display of photos and items relating to the Museum's 60, anniversary alluded to above,. the third was the major display on the Levellers and Putney Debates, again referred to previously. Our event programme had returned to normality and ranged from a major re- enactment event held with the Sealed Knot at Castle Hills Park at the beginning of July to guided walks around the town. It included live interpretation such as th the creation of a 17 century printers, workshop in the Town Hall, to family events during the school holidays. It also included a remarkable evening celebrating the recent publication of a new version of Cromwell's letters and speeches to a packed audience in Huntingdon's assembly room. with talks from some of the leading academics involved and an actor reading many of the best known or more significant speeches. We have continued the digital engagement that we developed during Covid, reaching out to audiences worldwide. by our popular lecture series using Zoom, with attendees from across the UK, EU, and USA. Ten lectures were held during 2022-3 with 1,182 attendees in total.

CROMWELLMUSEUMTRUST REPORTOF THETRLISTEES We have also continued to make good use of our YouTube channel, with one or two videos uploaded per month. Social Media continues to be another tool for engagement, with us having reached over 9,000 Twitter followers, 2,500 Facebook followers and 400 Instagram followers by the end of March 2022. Supporting Cambridgeshire's Visitor Economy To make the Museum, its collection5. andstorie5 as Vlsible a5 P055ible. We wunt to bring a5 many visitor5 a5pos5ible to Huntingdon to see us - not just to spread our message and increase oursustainability, but to benefit the town & surrounding areo too. This will help cement the idea of this being 'Cromwell Country,. The overall number of In-person vlsltorsfor 2022-23 was 10,770, returning not only to pre-pandemic levels but being the busiest year that the Museum has had for a decade. This is also a higher proportion compared to 'normal' visitor numbers against other museums in the region and nationally, who were recording still only 70- 90/0 of pre- pandemic visitor numbers. Our visitor numbers gradually started to return to something resembling a more normal prof ile as per pre-pandemic, with 54Yo of visitors coming f rom within Cambridgeshire, many of whom are repeat visitors who visit us 2-3 times per year, 37/0 from elsewhere in the UK and 9Y¢ international visitors. Using the AIM Toolkit for economic value it is estimated that the Museum was worth £237,680 to the local economy in 2022-3. We continue to support the wider development of Tourism to Huntingdon, working with both Huntingdon Town Council and Huntingdon Business Improvement District IBID Huntingdonl. This has included helping curate, develop and interpret a new'mural museum, on Literary Walk in the town of murals depicting 6 notable writers associated with Huntingdon, new town maps and the beginning of a new series of heritage interpretation panels around Huntingdon. The significance of the Museu m was identified by a consultant's report for Huntingdonshi re District Council and the Cambridgeshire and Peterborough Combined Authority ICPCAI in the autumn of 2022, including the need to develop it as a destination attraction for the town with improved visitor facilities. As such funds have been earmarked by CPCA to help 5UPPOrt a potential expansion. We continue to work with colleagues at the National Civil War Centre in Newark and the Royal Armou ries to develop a subject specialist network for the period of the Civil Wars, to share knowledge and resources, organise loans and partnership exhibitions, and promote ou r sltes to visitors and our Curator acts as chair of the Cambridgeshire Museums Forum, a group which aims to grow partnerships between museums across the county. 10

CROMWELLMUSEUMTRUST REPORTOF THETRLISTEES Supporting learning for all To create on environment, both physical ond virtuol, thutcon be usedfor leorning for all ages. purposes, and obilities, andfor a variety of subjects- be itfor cademic study orfor enjoyment. As identified in the case-study section above, the Museum has had its busiest year for schools, engagement in the last decade, with 925 Schoolchildren taking part in a learning session with us. Please refer to the above section for more details. We have also continued to develop our informal learning offer, delivering workshops, activities, and trails during each school holiday between, aimed primarily at family groups. These resources and activities engaged 288 children and adults. Over the last year our staff (principally our Curator) and volunteers have been out and talked to many different learning groups about Cromwell, the 1600s and aspects of local history, engaging with 1.856 people across 41 adult learning groups including U3A, Local History Societies, Wls and other such groups. This has been our busiest year yet for such groups. A sustainable museum for future generations For the museum to benefitfrom strong and diverse income Streams through philanthropy, commerciol activity. and collaboration with funding bodies. The Museum is supported through a network of key stakeholders and partners, locally, regionally, and notionally. We also wish to ensure thot our environmentalfootprint is a5 low as possible ond that we ore contributing in the battle against climate change. For the first part of the year, we continued to work with our freelance fundraiser, Jason Dyer, who helped us develop a robust fundraising strategy to begin to help deliver fundraising to meet our ambitions for development and expansion. His steady stream of applications bore fruit, bringing in a funding package from the Garfield Weston Foundation of £20,000 per year for three years which helps support our learning programme. An additional grant of £15,000 from the Huntingdon Freemen's Trust also went towards this project, and £5,000 from Mr Peter Brown is to be used to fund exhibitions in 2023, including one examining the role of women during the Civil Wars. Support from the Leche Trust of £2,600 will enable us to have conservation work on two of our significant paintings in 2023. We continued to apply for small grants and received funding from the Cromwell Association. the Sealed Knot, Huntingdonshire Local History Society (Goodliff Awards Scheme) and Cambridgeshire County Council's Museum Grants which enabled us to redisplay our area on Cromwell's early life, including two significant recent acquisitions of a beam from his house in Huntingdon and a reputed portrait of Cromwell's mother. During the year we came to an agreement with the Friends ofthe Cromwell

CROMWELLMUSEUMTRUST REPORTOF THETRLISTEES Museum to wind up the existing organisation, which had been struggling in recent years. Huge thanks are due to the outgoing committee, Angela White-Horan and Caroline Clifford, for their hard work and support. As a result, we were able to launch a replacement in the shape of a new Members, Scheme at the end of 2022, which by April had 38 paid members and was continuing to grow. We continue to provide due consideration towards reducing our environmental footprint and are looking at ways in which we can try to reduce our energy usage. All lighting and interactives use LED technology to reduce light levels and as they are low energy, and by increasing the tolerances on our air handling systems we have reduced our electricity usage, particularly important in an age of increasing electricity costs too. Looking Forward to 2023/24 After a year of post-pandemic consolidation. we are now looking more seriously towards our longer term goal of an expanded Museum, setting out actions towards this and other developments: Growing the Museum: We are in discussions with local authorities towards our longer-term goal of an expanded Museum that gives us the space and facilities to effectively display our collections and tell our story, creating a destination attraction for Huntingdon. Growing Collertions Access: we will continue to develop local and national partnerships that will aid with loans to the collections for both temporary displays and with a view to expansion of the Museum, help promote the museum and develop tourism for the region. We will apply for Designated Status for our internationally important collection of artefacts. Above all, we will seek funding to set up a project to digitize our collections, making them more accessible online including quality photography, detailed information, and thorough transcriptions. Growlng Partnershlps-. we will continue to look at innovative ways to develop our offer through partnerships with other organisations. This includes discussions with the Pepys Trust for an exciting partnership long term to open Samuel Pepys, house at Brampton, a mile outside Huntingdon, as a complementary attraction for visitors. Growing Capacity: to help develop these projects. we will need increased staffing capacity to help deliver them. A staffing review in the autumn of 2022 provided a template for how this could develop. and we will seek to start to implement this over the coming financial year. Growing Audiences: we continue to want to grow and diversify our audiences, so will continue to try to bring in more people to engage with our collections and stories, the income from which will also help to make the Museum more sustainable. 12

CROMWELLMUSEUMTRUST REPORTOF THETRLISTEES Financial review General Fund Income for the year of £92,047 was an increase in total compared with the previous year12022.' £59.4131. The result for the year was a deficit of £42,154. Total income for the year was £92,047, with expenditure of £138,005, resulting in a net deficit, including designated and restricted funds, of £45,958. Total reserves stood at £673,410 at the year- end, of which £1,910 were restricted funds. Generous local financial support was received again from Huntingdon Freemen's Trust and Huntingdon Town Council. as well as from Cambridgeshire & Huntingdonshire Family History Society and Huntingdonshire District Council. The Association of Independent Museums continued to provide financial assistance and other support. Risk Management The Trustees have examined the major strategic, business and operational risks which the Museum faces and confirm that systems have been established to identify the appropriate action to be taken to manage those risks. Reserves Policy It is the intention of the Trustees to create a reserve of £40,000 to fund recurrent costs. But fundraising at present is concentrated on maintaining the continued existence of the museum and the Curator's post. The eventual aim is to develop sufficient additional resources to enable significant expansion of both the property and activities of the Museum. Free reserves at 31 March 2023 were £33,588. Registered Office Huntingdon Library. Prince5 Street. Huntingdon. Cambridgeshire. PE29 3PA Bankers Lloyds Bank plc. Huntingdon. Cambridgeshire Sollcltors LGSS Law Ltd. Scott House. 5 George Street. Huntingdon. Cambs. PE29 3AD Greenwoods Solicitors LLP. Monkstone House. City Road. Peterborough. PEI IJE Statement of Trustees, responsibilities The Trustees are responsible for preparing the Trustees, Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Charity law requires the Trustees to prepare financial statements for each financial period, which give a true and fair view of the state of the affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, 13

CROMWELL MUSEUM TRUST REPORTOF THETRUSTEES of the charitsble company for the period. In preparing these financial statements, the Trustees are required to- select suitable accounting policies and apply them consistently; observe the methods and principles in the Charities SORP- make judgements and estimates that are reasonable and prudent," state whether applicable UK Accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements- prepare the financial statements on a going concern basi5 unless it is inappropriate to presume that the charity will continue in operation. The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy, at any tlme, the flnanclal posltlon of the Charitable Incorporated Organisation and enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the Charitable Incorporated Organi5ation and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by the Trustees and signed on their behalf by: W M Mcvey Date 14

CROMWELL MUSEUM TRUST INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES

I report on the financial statements of the charity for the year ended 31 March 2023 which are set out on pages 16 to 21.

Responsibilities and basis of report

145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

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 charity 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 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.

Chater Allan LLP 7 Quy Court Colliers Lane Stow-cum-Quy Cambridge CB25 9AU

Independent Examiner: Stuart Graham Berriman BFP, FCA, FCCA

Date: 30 January 2024

15

CROMWELL MUSEUM TRUST STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2023

----- Start of picture text -----
Unrestricted Designated Restricted Total Total
Funds Funds Funds Funds Funds
General Fund 2023 2022
Note £ £ £ £ £
Income from:
Donations and legacies 65,067 - - 65,067 70,890
Other trading activities
Shop sales 14,468 - - 14,468 11,825
Events 12,213 - - 12,213 10,496
Reproduction fees 299 - - 299 398
Total Income 92,047 - - 92,047 93,609
Expenditure on:
Raising funds
Fundraising costs 27,799 - - 27,799 36,997
Charitable activity
Advancement of Education 2 99,080 3,804 - 102,884 141,610
Other trading activities
Shop purchases 7,322 - - 7,322 7,195
Total Expenditure 134,201 3,804 - 138,005 185,802
Transfer between funds - - - - -
-
Net income/(Expenditure) and net movement in (42,154) (3,804) (45,958) (92,193)
funds for the year
Total funds brought forward 713,654 3,804 1,910 719,368 811,561
Total funds carried forward 671,500 - 1,910 673,410 719,368
----- End of picture text -----

All income and expenditure derive from continuing activities.

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CROAWIIELL MUSEUM TRUST BALANCE SNE AO AT 31 MARGH 2023 2023 FIXED ASSETS Tangib￿ ass 637.912 658,150 CURRENT ASSEtS Stocks Debtors Gasn ￿ banK and In han 7,7#8 1,423 49,029 58,210 49.244 CREDITORS Cr8ditors duetthin year 22.7t2 NET CURRENT ASSETS 35.498 61,218 TOTAL AS8Efs LESS CURRENT LIABILtnES 673.410 719,368 NEFASSETS 613,41Q FUNDS OF THE CHARITY: Ur¥estrirled fuNis 671,51)) 713.654 DeSWJr￿d fijrhts 3,804 Restrictej fvads 1.910 1,910 TOTAL FUNDS 673,410 719,368 Apy[U￿¥1 by the pfYtU5tee5 aTKI skJned on thetT behaff ty.. WM Mcvey 17

CROMWELL MUSEUM TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 ACCOUNTING POLICIES 1.1 Basi5 of preparation The financial slalemenls have been prepared under the historical cost convention. The charity constilules a public benefit entity as dÈfined by FRS 102. The financial slalÈments have been prÈparÈd in 8ccordancÈ with Accounting and Reporting by Charit￿S-. Statement of Recommended Praeiice applicable to charities preparing their accounts in accordance with the Fin8ncial Reporting Sl8ndard applicabk in the UK and Republic of Ireland issued in October 2019, the Financial R8POrting Standard applicable in the United Kingdom and Republic of Ireland IFRS 1Q21. Iha Charities Act 2011. the Companies Act 2006. and UK Gen&ralty Accepted Accounting Practice. Description of Fund Types Unrestricted Fund$ may be used for any putpo$e permitted by the Charitable Deed. Restricted Funds are fund$ under the ¢ontrol of the Tru$iees. the a$$ei$ and nei in¢ome of whi¢h may be used only for tertain purpose$ 1.2 Going concern basi8 The Truste88 consid8r Ih8t the going concern ba8is is appropriate as Ih8y con8id8r the r888rve8 kvels and expected inveslm&nt Incom8 to b8 al sufficient ￿ve1$ lo ensure that the Trustees can meet their financial obligations for the next 12 10 18 months and on that basis the Charity is a going concern. 1.3 Financial Reporting stsndard 102. Reduced Di$cltssure Exemptions The Trustees have tsken advantsge of Ihe following disdosure exemption in preparing these finanGial stsleTneDls, 85 perFnitted by FRS 102". - the requirement of Section 7 Staternent of Cash Flow5. 1.4 Income Income 18 Included In th& Statement of Financi81 Activities ISOFAI wh&n th& charrty 1818gally 8ntitled lo the income after any p8rformant8 conditions h8ve b8en m8t, the amount can be measur8d reliably and it is probable th8t the income will b& rec&ived. Donations and grants are treated as income when any (x)nditions imposed by the donor (*Jnteming the transfer of fvnds have been met. Income from activities lo generate fund5 15 treated a5 income in the period the event took place. Gift AKI is recognised when the company 15 enlilled to it. 1.5 Expendlture All &xpenditure Is accounted for on an accrua18 basis and has been Class￿led under headings that aggregate all costs related to th& Category. Expenditure is recognised where there is a legal or constructive obligation to make payments to third parties. It Is probable that the settl&ment will ￿ required and th& amount of the obligation can be measured reliably. Grants payable are treated as re50urces expended when there is an obligation to transferfvnds Costs in relation to the admini5tralion of the charty are allocated lo governance costs. 1.6 Tangibl8 fix8d assets Herrtage assets represent the collection held by the Trust for their contribution lo knowledge and cutture. The assets wefy valued by an independent expert in 2016 based on insurtnte value. No depreciation is charged on Ihe heritsge assels a5 their eGonomiG life and high residual value mean that any (lepreGiation woukj not be m8terial. Heritage assets are reVi￿￿d at the year end for evidenc& of Impaiment and adjusted accor(lingly within the Stslemenl of Financial Aclivilies. The Museum redevelopment costs will be depreciated over 10 years Snd the redevelopment was completed on 1 March 2020. 1.7 Stocks Stocks are valued al the Iow8r of c08t and nel r8alisabl& valu8. after making due allowane8 for obsol&te and slow moving Items. 18

CROMWELL MUSEUM TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 ACCOUNTING POLICIES Icontinuedl 1.8 Taxatlon The charity Is an &xempt charity within the meaning of schedule 3 of the Charrtles Act 2011 and is con8hJer8d to pass the t8sts Set out in Paragraph 1 Schedule 8 Fin8nce Act 2010 and therefore il m88ts th8 definition of a Charitab￿ company for UK Corporation lax purpos&8. EXPENDITURE ON CHARITABLE ACTIVITY Advancement of Education Unrestrictsd tlesignated Funds Funds General Fund Restrictsd Funds T¢)tsl 2023 Total 2022 Dlrect costs Light and heat Prop8rty C08t8 Salaries (note 31 Staff and volunteers Office costs Collection Ca￿ and man8gem&nt Education costs Profèssional fe&s Subscriptions Deprettation Support Costs Goveman Independent examination Truslees away day 11.371 3,213 34.308 769 2.801 15,328 7.405 1.085 1,302 20.239 11.371 3.213 38.112 769 2.801 15.328 7.405 1.085 1.302 20.239 12,328 3,167 77,059 1,283 2,510 12,103 6,816 3,600 780 20,239 3.804 1,260 1.260 1,260 465 Total 99.080 3.804 102.884 141,610 STAFF COSTS 2023 2022 Wages and salaries Employers Nalional InsuranGe Pension8 29,000 2.877 6.235 58,685 5,758 12,616 38.112 77,059 2023 2022 The average number of staff during th& year was.. The member of staff is employed by Huntin9don Town Council. The Cromwell Museum Trust paKI 1000kn of the Learning Officerfs salary costs for the period 1 April 2022 to 31 March 2023 and had paid 250A of the Curalorfs salary costs up to 31 March 2022 when Hunlingdon Town Council look on responsibility for the salary c08ts. The trustees received no remuneration or expen888 during the year. 19

CROAIWELL MUSEUM TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 FIXED ASSETS Heritage assets Museum redevelopment 2023 Total C05t or valuation.. At 1 April 2022 Addition5 497,346 202.384 699,730 At 31 Mèrh 2023 497,Y6 202.384 699,730 DeprÈciatioft-. At 1 April 2022 Charge forthe year 41.579 20.239 41,579 20,239 At 31 March 2023 61.818 81,818 Net book valuo At 31 March 2023 At 31 March 2022 Heritage assets rep￿Sent the tolle¢tion held by the Tmst fortheir ¢ontribution to knowlèdgè and ¢uttu￿. The assets were valued by an independent expert in 2016 based on latest insurance values. Ther& has been no disposals or impainnènl of heritage assets since they were acquired In 2018119. DEBTORS 2023 2022 Tax recoverable Olh&r d&blor8 1.298 125 3,521 5,432 1.423 8,953 CREDITORS.. Due within one year 2023 2022 C￿lt0￿ and a¢¢ruals 22.712 5,664 22.712 5,664 ANALYSIS OF DESIGNATED FUNDS Fund blftvd Fund Incomo Expendlture Transfer Leaming Offi(*r 3.804 3,804 3,804 3,804 Leaming offi￿[- Money reGeived frotn the WoKson Foundation that has been designaled by Ihe trustees for use in funding the costs of the L&arning orricer for the inrtial 12 month p8riod of employm&nt. 20

CROAIWELL MUSEUM TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 ANALYSIS OF RESTRICTED FUNDS Fund blhvd Fund InGome Expenditure Transfer Collections 1,910 1,910 1.910 1,910 Collections Fund- Maintaining the museum's collection. ANALYSIS OF NET ASSETS BETWEEN FUNDS Unrestricted Funds General Fund Designated Fund$ Restricted Fund$ Total Funds 2023 T8ngible fixed assets 637,912 33,588 637,912 35,498 1.910 Totsl net assets 671.500 1.910 673,410 10 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestrlcted Funds Deslgnated Funds Restrlcted Funds Total Funds 2022 Incorne from.. Donations and legacies 36.694 34.196 70,890 Shop sales Events Reproduction fees 11,825 10,496 398 11,825 10,496 398 59.413 34.196 93,609 Expenditure on.. Raising fund5 Fundraising costs Charitable activity Advan￿ment of Education 30.246 6.751 36,997 67.063 30,964 43.583 141,610 Shop purchases 7,195 7,195 Total Expendlture 104,504 30,964 50.334 185,802 Transfer behveen lunds 20.677 120.6771 Net incom8llExp8nditurg1 and net movement In funds forthe year 124.4141 130,9641 136.8151 192,1931 21