## ## ## ## ## ## |CONTENTS||Pages| |---|---|---| |Charity information||| |Trustees
Annual
Report||2-3| |Independent
Examiner's
Report on the unaudited|accounts|| |Statement of Financial
Activities||| |Balance Sheet||| |Statement
ofcash flows||| |Notes to the Financial Statements||8-13| ## ## ## |Charity|number|number|t166357||| |---|---|---|---|---|---| |Trustees|||A Bone (Chairman)||| ||||A Bametson (Treasurer }
SFox (Aldeburgh
Town Council representative)||| ||||SDas||| ||||J Ransome||| ||||T Brown||| ||||J Cook Manders|(appointed 9December 2022)|| |Independent||Examiner|Mr James David|Haddow|FCCA| ||||GMS FC Limited||| ||||1 London Road||| ||||Ipswich||| ||||IP1 2HA||| |Principal|Bankers||Unity Trust Bank||| ||||Brindley Place||| ||||Birmingham||| ||||B12HB||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Independent
Examiner's
Report to the Trustees ofThe Aldeburgh
Museum
Charitable|Independent
Examiner's
Report to the Trustees ofThe Aldeburgh
Museum
Charitable| |---|---| |Trust|| |I report to the trustees
on my examination
ofthe financial statements
ofThe Aldeburgh|| |Museum
Charitable
Trust ('the charity')
for the year ended 31 December 2022 which comprise|| |the Statement of Financial
Activities, the Balance Sheet, the Statement
ofCash Flows and|| |related notes.|| |This report is made solely to the charity's
trustees, as a body,
in accordance
with section|145| |ofthe Charities Act2011.My work has been undertaken
so that
I might state to the charity's|| |trustees those matters
I am required
to state to them
in this report and for no other purpose.|| |To the fullest extent permitted
by law,
I do not accept or assume
responsibility
to anyone|other| |than the charity and the charity's
trustees as a body, for my work, for this report, or for the|| |opinions
I have formed.|| |Responsibilities
and basis ofreport|| |As the trustees ofthe charity you are responsible
for the preparation
ofthe financial|| |statements
in accordance
with the requirements
ofthe Charities Act 2011 ('the Act').|| |I report
in respect of my examination
ofthe charity's
financial
statements
carried out under|| |section 145ofthe Act and
in carrying
out my examination
I have followed
all the applicable|| |Directions
given
by the Charity Commission
under section 145(5)(b)ofthe Act.|| |An independent
examination
does not involve
gathering
all the evidence that would be|| |required
in an audit and consequently
does not cover all the matters that an auditor considers|| |in giving
their opinion
on the financial statements.
The planning
and conduct ofan audit goes|| |beyond
the limited assurance
that an independent
examination
can provide. Consequently|I| |express no opinion as to whether
the financial
statements
present a 'true and fair' view and|| |my report is limited to those specific matters set out in the independent
examiner's
statement.|| |Independent
examiner's
statement|| |I have completed
my examination.
I confirm that no matedial
matters
have come to my|| |attention
in connection
with the examination
giving me cause to believe that in any material|| |respect:|| |~ accounting
records were not kept in respect ofthe charity as required
by section 130of|the| |Act; or|| |~ the financial statements
do not accord with those records; or|| |~ the financial statements
do not comply
with the applicable
requirements
concerning
the|| |form and content ofaccounts set out in the Charities (Accounts and Reports) Regulations|| |2008 other than any requirement
that the accounts
give a 'true and fair view which is not a|| |matter considered as part ofan 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|| |unders
anding ofthe financial statements
to be reached.|| |Mr Jam s David Haddow,
FCCA|| |GMS FC Limited|| |1 London Road|| |Ipswich
IP1 2HA|| ## ## ## |FOR THE YEAR ENDED 31 DE|CEMBER|2022||||| |---|---|---|---|---|---|---| |||Note|Unrestricted|Restricted|Total|Total| ||||Funds|Funds|Funds|Funds| ||||||2022|2021| ||||||f|f| |INCOMING RESOURCES FROM:||||||| |Donations,
grants and legacies|||48,280.49||48,280.49|61,276.84| |Other trading
activities (shop sales)|||7,229.28||7,229.28|6,235.64| |Charitable
activities (admission|charges)||17,661.15||17,661.15|15,902.00| |Investment
Income from deposits|||133.92||133.92|11.33| |Secondment
fees|||10,737.00||10,737.00|1,274.25| |Otherlncome|||310.00||310.00|288.80| |TOTAL INCOMING RESOURCES|||84,351.84||84,351.84|84,988.86| |RESOURCES EXPENDED||||||| |Fund raising
and other trading||||||| |activities||3|3,795,37||3,795.37|3,268.46| |Chadtable
Activities||4|65,230.85||65,230.85|53,783.96| |Governance
Costs||5|1,668.08||1,668.08|1,569.02| ||||66,89S.93||66,898.93|55,352.98| |TOTAL RESOURCES EXPENDED|||70,694.30||70,694.30|58,621.44| |NET INCOMING/(OUTGOING)||||||| |RESOURCES FOR THE YEAR||6|13,657.54||13,657.54|26,367.42| |Transfers||||||| |Total funds brought forward|||42,857.19||42,857.19|16,489.77| |TOTAL FUNDS CARRIED||||||| |FORWARD|||56,514.73||56,514.73|42,857.19| ## ## |||2022||2021| |---|---|---|---|---| ||Note|6||| |FIXEDASSETS||||| |Tangible
Fixed Assets||||| |CURRENT ASSETS||||| |Shop stock||1,487.54|1,495.85|| |Debtor||2,709.97|2,566.15|| |Bank and cash|7|57,645.85|43,586.21|| |||61,843.36|47,648.21|| |CREDITORS:||||| |Amounts
falling due within one year|8|~(5,328.53|4,791.02)|| |NET CURRENT ASSETS||56,514.73||42,857.19| |TOTAL ASSETS LESSCURRENT||||| |LIABILITIES||56,514.73||42,857.19| |NET ASSETS||56,514.73||42,852.18| |FUNDS||||| |Unrestricted
funds|10|56,514.73||42,857.19| |||56,514.73||42,857.19| ||||07 Jun 2023|| ## ## ## |||||||2022|2021| |---|---|---|---|---|---|---|---| ||||||Table||| |Cash flows from operating|activities:||||||| |Net cash provided
by (used in) operating|||activities||1|14,059.64|18,802.68| |Cash flows from financing|activities:||||||| |Short term loan advance|||||||| |Short term loan repayment|||||||| |Net cash provided
by (used in) financing|||activities||||| |Change
in cash equivalents|in the reporting|||period||14,059.64|18,802.68| |Cash and cash equivalents|at 1 January 2022|||||43,586.21|24,783.53| |Cash and cash equivalents|at 31December|||2022||57,645.85|43,586.21| |TABLE 1|||||||| |Reconciliation
of net income/(expenditure)||||to net|||| |cash flow from operating
activities|||||||| |Net income/(expenditure)
for|reporting|period||as per|||| |statement
offinancial
activity|(page 5)|||||13,657.54|26,367.42| |Adjustments:|||||||| |(Increase)/Decrease
in stock||||||8.31|1,057.06| |(Increase)/Decrease
in debtors||||||(143.82)|(2,342.15)| |Increase/(Decrease
in creditors)||||||537.61|(6,279.65)| |Net cash provided
by (used|in) operating
activities|||||14,059.64|18,802.68| ## ## ## ## ## ## ## ## ## ## ## ## ## |||||Total|Total| |---|---|---|---|---|---| |||Unrestricted|Restricted|Funds|Funds| |||Funds|Funds|2022|2021| |Donations:|||||| |General donations||1,158.67||1,158.67|381.50| |Gift aid reclaimed||1,060.78||1,060.78|3,108.22| |Covid 19|related grants||||19,454.80| |Regeneration
project:|||||| |Heritage|Lottery Fund Grant|46,061.04||46,061.04|38,235.18| |Restricted|donations||||97.14| |||48,280.49||48,280.49|61,276.84| |EXP|ENSES BYFUND TYP|E|||| |---|---|---|---|---|---| |||||Total|Total| |||Unrestricted|Restricted|Funds|Funds| |||Funds|Funds|2022|2021| |||E||E|| |Shop|purchases|3,795.37||3,795.37|3,268.46| |||3,795.37||3,795.37|3,268.46| ## ## ||BYFUND T|YPE|||||| |---|---|---|---|---|---|---|---| |||||||Total|Total| |||||Unrestricted|Restricted|Funds|Funds| |||||Funds|Funds|2022|2021| ||Charitable
activity:||||||| ||General
running||||||| ||Rent and rates|||3,000.00||3,000.00|3,000.00| ||Staff costs|||23,938.50||23,938.50|16,152.85| ||Museum
purchases|||177.36||177.36|400.00| |||||27,115.86||27,115.86|19,552.85| ||Regeneration|project|||||| ||Main project|expenditure||34,967.29||34,967.29|31,879.16| |||||34,967.29||34,967.29|31,879.16| ||Association|for Suffolk|Museums||||| ||Conservation|expenses|||||110.04| ||||||||110.04| |||||62,083.15||62,083.15|51,542.05| ||Support and|governance costs:|||||| ||General
running||||||| ||Printing,
postage and stationery|||42.66||42.66|5.88| ||Telephone|||953.89||953.89|184.36| ||Marketing|||87.43||87.43|14.58| ||ITand software costs||||||89.32| ||Insurance|||708.08||708.08|705.02| ||Subscriptions|||89.00||89.00|381.60| ||Independent|examiners|8||||| ||accountancy|fees||960.00||960.00|864.00| ||Bank, card and card reader charges|||1,500.42||1,500.42|1,366.27| ||Miscellaneous|expenses||474.30||474.30|199.90| |||||4,815.78||4,815.78|3,810.93| |||||66,898.93||66,898.93|55,352.98| |5.|NET INCOINING RESOURCES FOR|||YEAR|||| |||||||Total|Total| |||||||Funds|Funds| |||||||2022
8|2121f| ||This is stated|after charging:|||||| ||Independent|Examiner's|fees|||960.00|864.00| ## ## ## ## ## ||||||2022||2021| |---|---|---|---|---|---|---|---| ||||||f||| |||||A Bone|5,531||1,545| |||||A Bametson|2,282||1,108| |||||J Ransome||69|| ||||||7,882||2,653| |Museum|curator||||||171| |Development||officer||||887|644| |Number|ofclaimants||||||| |Expenses were reimbursement|||of charitable|expenditure|paid by the Trustees on|behalf ofthe|| |Chaiity.|||||||| ## ||Staffcost|s|||| |---|---|---|---|---|---| |||||2022|2021| ||||||f| ||Gross pay|||34,403.99|31,933.75| ||Employers|Nl||1,724.76|1,342.18| ||Employers|Pension||501.10|421.55| |||||36,629.85|33,697.48| |7.|CASH AT|BANK AND|IN HAND||| |||||2022|2021| ||Unity bank|current account||29,646.74|14,316.02| ||Unity bank|deposit account||4,196.52|13,164.08| ||Ipswich
Building Society treasury account|||23,539.83|15,843.35| ||Cash
in hand|||262.76|262.76| |||||51545 85|.43,5.85.21| |8.|CREDITORS: Amounts||falling due within one year||| |||||2022|2021| ||||||f| ||Charitable|expenditure|etc|5,328.63|4,791.02| |||||5,328.63|4,791.02| ## ## ## |||||2022|2021| |---|---|---|---|---|---| ||||||E| |Due|within||1 year|3,000|3,000| |Due|after|1|year within 5years|12,000|12,000| |Due|after|5|years|60,750|63,750|