Diss Museum CIO TrusteesAnnual Reportyear ended 31st March 2025 Trustees Miranda Moore Daniel French Richard Peaty Anthony Hulse Ann Kent Eve Coates Stephanie Dennis Janet Smith John Robertson Appointed 2nd March 2015 Appointed 1 st April 2017 Appointed 19th May 2023 Appointed 27th November 2023 Appointed 27th November 2023 Appointed 31 st May 2024 Appointed 31 st May 2024, resigned 7 March 2025 Appointed 31 st May 2024 Appointed 3rd September 2021 Diss Town Council Corporate Trustee UK Charlty Registered Number 1168112 Prlnclpal Offlce The Shambles, 415 Market Place, Diss IP22 4AB (Post to: 11 Market Hill, Diss, Norfolk. IP22 4JZ) Accountants Newman & Co, 4b Church Street, Diss, Norfolk Bank8r8 Lloyds Bank, Victoria Branch, P O Box 1000, Andover, 8x11 LT Insurers Ansvar Insurance Museum Manager Basll Abbott
Diss Museum CIO Chalr's Report The benefits of the merger of the Friends and the Museum CIO have been very evident this financial year. Everyone h8s contributed - trustees, stewards, office holders and members - and I'm grateful to all of them. The financial results are much improved, benefiting particularlyfrom the lottery which raised £1,255, the ghost walks and other tours and events run by our museum manager, Basil Abbott, and interest on our merged reserves. You may think the numbers look a little different from last year, and that would be true because we h8ve reflected the merger in the restated 2024 numbers as well as in the current period results in order that the two periods are properly compar8ble. The good news is that our financial position. as shown in our closing balance sheet, is robust at least in relative terms, and we have adequate reserves for a rainy day. However, our ambitions for improvements extend well beyond rainy day funds. We plan to refurbish the interior of the museum in 8 way which modernises it and improves the experience forvisitors, whilst preserving its essential charm. We successfully applied for a grant to pay for the initial design phase, but more grants and fundraising will be required to realise our ambitions. Linked with the r&fit, we also want to broaden the Museum's appeal to the Diss and wlder community. Our friends and regular vlsltors showtremendous loyalty and frequently pop in to see what is happening and view exhibits like the community cabinet which we rotate. But we want to widen our audiences, both inside the Museum and through what we show in local venues such as the Corn Hell, and to contribute through participation with other local societies. Basil's walks and tours reflect that idea, butthere is more we can do. More details are in our newsletter and on our website. I hope to welcome as many members as possible to our Annu8l General Meeting on Friday 11th July 2025 in Diss and District Bowls Club. Besides the normal buslness of an annual general meetlng, I wlll say more about our plans, and members will have an opportunltyto ask questions on any aspects of the Museum's 8Ctivities. Let me end bythanking everyone again fortheir contribution to our success, including particularly our retiring trustees: Miranda Moore, my predecessor as chair who navigated the Museum through the difficult Covid years; Dan French, who led the excellent redesign project forthe website; and Ann Kent, secretary to the Board who with Jan Smith has kept so much of our activities moving forw8rd effectively. l am pleased to report that Miranda and Ann will continue to support the Museum as stewards and Dan through website management. It continually amazes and delights me th8t our small Museum in the Market Place should be a successful focus of so much loyalty, effort and achievement. It is 50 years since our founding in 1975.1 look forward to your continued support thls year and into the future as we try to implement our ambitious improvement plans. Tony Hulse 21 June 2025
Diss Museum CIO Trustees report for the year ended 31st March 2025 The trustees present their report with the financial statements of the charityfor the year ended 31st March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their account in accordance with the Financial Reportingstandard applicable in the UK and Republic of Ireland IFRS 1021 (effective 1st January 2019) ObJectlve8 and Actlvltles Pollcles and obJectlve3 The objectives of the charity are establishing and maintaining in Diss a public museum forthe collection and display of all types of artefacts usually collected for study and display in a public museum, particularlythose of local interest and importance. The charity is a public benefit entlty. In setting objectives and planning for activities, the trustees have given due consideration to general guidance published by the Charitycommission relatingto public benefit. After payment of expenses, any net income must be applied to the museum. Actlvltle8 for achlevlng obJectlve8 Th8 charity Is organised as an independent local museum run by a part-time manager appointed by the trustees and assisted byvolunteers. All agsets, liabilities and activities were transferred to a new charity, Diss Museum (no. 11681121, 8 UK charitable incorporated organisation, on 1 st April 2017. Over manyyears the museum was supported by an 8ssociation ol friends. At 8 meeting on 3rd May 2024 membership of the Friends of Diss Mus8um voted to combine with Diss Museum CIO under an association model constitution which the Museum adopted on 8 March 2024. This granted paid-up Friend8 Voting rights as members of the CIO. The merger was completed on 3 May 2024. Flnanclal Revlew Diss Town Councll, which received delegated funding powers from South Norfolk District Council in September 1997 under Section 14 of the Public Libraries and Museums Act 1964, were committed to maintain the museum, and are the owners of 4 Market Place, leased to the museum on peppercorn rent. Mr. J Robertson is the appointed Diss Town Council Corporate Trustee. In 2024, dayto day bankingwas transferred from Barclays to Lloyds, to take advantage of easier changes of mandate and access to preferable terms for charities. Deposit bankingw8S 81so transferred from Virgin Moneyto Charity Bank and Lloyds to achieve higher rates of interest and online as opposed to postal access to funds. Core funding for dayto day running expenses has not been forthcomingfor a number of years. consequentlythe museum has to generate funds from a number of activities. shop sales, donations, revenue from talks and tours etc. After several years of deficit, the museum returned to suiplus in 2025. As noted in the Chair's report and detailed in the notes to the accounts, we have adopted merger accounting for the merger of the CIO with the Friends which became effective on 3 May 2024. Thus, the accounts reflect tho combined income and expenditure of both entities for both the current and prior year as if they had been combined throughout the period. On this basis, the income for the year amounted to £19,786, upfrom £17,276 in 2024, the main sources of extra income beingthe lottery we ran which contributed £1.255 and interest on bank deposits which increased from £347 to £1,758. After expenses which were marginally reduced, the total surplus was £2,99312024: deficit of £171.
Diss Museum CIO Total funds at 31 March 2025 were £66,030, £14,542 of which are restricted underthe terms of the bequest from the estate of Brian Jones. This compares with £63,037 on a combined basis at 31 March 2024, of which £26,769 was attributable to the Friends and £36,268 to the CIO. £63,376 of the funds are held in cash or on deposit with banks12024 combined: £61,018) A Financial Reserve Policy is maintained, in line with Charity Commission guidance, to sustain the financial viability and security of the charity. It demonstrates the charity's resilience and capacity to manage unforeseen financial diff iculties; provide a context for the charity's strategic planning and risk management; manage the riskto the charityfrom holding unspentfunds at the year end without explanation; and meet the charity's financial obligations in the event of dissolution. The policy is to maintain a suff icient level of reserves to enable normal operating activities to continue over a period of 12 months, should a shortfall in income occur. The amount of reserves so calculated is £25,000 (2024: £20,470), which compares with unrestricted funds of £51,488 (£36,101 at 31 March 2024 before the merger). Th8 reserves determined under this policy are largely represented by the museum's Charity Bank and Lloyd's deposits. If it is necessary to draw significantly on these funds, the Trustees will take that as an indic8torthat a plan of retrenchment and reduced commitments must b8 implemented until funding returns to a level that approximately balances expenditures, orthe charity is run off on an orderly basis. Trustees 8re aware of the need to mitigate against the risk of a sudden and significent f811 in income by diversifying the museum's funding base and will contlnue to review fundraising strategy. Trustee8 Trustees are elected for renewable terms of three years, except th8t in recognition of the merger with the Friends, all Trustees stood for electionlre-election at the 2024 AGM. One trustee is appointed annually by Diss Town Council. Further details of Trustees standing for electionlre-election are set out in the notice of the 2025 AGM sent to all members. The trustees meet at least fourtimes each year to decide policy and to receive reports on the strategy, finances and day-to-d8y operations of the museum. R18k management The trustees have a duty to identify and reviewthe risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. The Trustees have examined possible major risks that the charityfaces and following consultation with the police, fir8 and security off icials, confirm that arrangements h8ve been put in place, particularly insurance, to mitigate those risks. This report, includingthe chair's report, was approved by the Trustees and signed on their behalf by: Tony Hulse, Chair Date: 21 June 2025
DISS MUSEUM CIO STATEMENT OF FINANCIAL ACTIVITIES AND INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Unrestricted Restricted fund8 funds Total 202S Total 2024 Combined Noto Income from: Donations & grants Donations - Gift aided including tax Donations - Other Grants Charitable activities Other trading activits'es Subscriptions Interest 11.487 618 1.010 1,255 3.343 11.487 618 1.325 1,255 3.343 10,604 957 315 4,037 331 347 1,758 1,758 Total In¢om• 19,471 315 19,786 17,276 Expendlture on: Raising funds Charitable activilies Event expenses Other expenses 761 761 979 566 15,748 16.032 16,032 Totsl axpandlture 16,793 16,793 17,293 Net Incomol(expondlture) bgfor• transfern Transfer belween funds 17 2,678 315 315 (315) 2,993 (IT) Nèt mov•m•nt In funds 2,993 2,993 (17) Total funds brought forward 17 48,495 14,542 83,037 63,054 Total funds carrled forward 51,488 14,542 66,030 63,037
DISS MUSEUM CIO BALANCE SHEET AS AT 31 MARCH 2025 Note 2025 2024 Combln8d Fixed assets Tangible assets 12 99 Current assets Stock Bank and Cash Debtors 14 13 15 234 63,376 3,518 621 61,018 3,399 67,128 65, 038 Creditors: amounts falling due within one year 1,098 2,100 Net currant assets 66,030 62, 938 Net assets 66,030 63,037 Charity Funds Restricted funds Un restricted funds 14,542 51,488 14, 542 48, 495 66,030 63.037 The financial statements were approved by the Trustees on 11 oo2( and signed on their behalf by
DISS MUSEUM CIO NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 1. Accounting policles a. Basls of preparatlon of financlal statements The financial statements have been prepared under the historical cost convention viith items recognised at cost or transaction value unless OtheSe stated in the relevant notes to these accounts. The financial statements have been prepared in accordance wth the Statement of Recommended Practice.. Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable to the UK and Republic of Ireland (FRS 102) published in October 2019 and the Charities Act 2011. Th& charity constitue$ a public bèn6fit entity as defined by FRS 102. b. Fund accountlng General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity and vthich have not been designated for other purposes. Restricted funds are funds whlch are to be used In accordance th speclfic restrlctlons Imposed by donors OT which have been raised by the charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in notes to the financial statements. c. Income All income is recognised once the charity has entitlement to the income. It is probable that the income wll be received and the amount of income receivable can be measured reliably. Donated seprfices or facilities are recognised vh)en the charity has control over the item, any conditions associated wth the donation have been met, the receipt of economic benefit from the use of the item is probable and that economic benefit can be measured reliably, In accordance wth the Charities SORP (FRS 102). The general volunteer time of the Friends is not recognised and refer to the Trustees, report for more information about their contributlon. On receipt. donated professional services and donated facilities are recognised on the basis of the value of the gift to the charity vthich is the amount the charity would have been VllIng to pay to obtain services or facilities of equivalent economic benefit on the open market., a corresponding amount is then recognised in expenditure in the period of receipt. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. Other income is recognised in the period In thich It Is receivable and to the extent the goods have been provided or on completion of the service.
DISS MUSEUM CIO NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 1. Accounting policies (continuodl d. Expenditure Expendibjre is recognised once there is a legal or constructive obligation lo transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation Can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs vthich are not attributable to a single activity are apportioned bebNeen those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent and depreciation charges allocated on the portion of the asset's use. Support costs are those costs incurred directly In support of expenditure on the objects of the charity and Include project management carried out at Headquarters. Charitable activities and Governance Costs are costs incurred on the charity's educational operations, including support costs and costs relating to the govemance of the charity apportioned to charitable activities. All expenditure is inclusive of irrecoverable VAT. Golng conc8rn These accounts are composed on a going corcern basis. f. Tanglblo flx•d as8•ts and depreclallon. Tangible fixed assets are carried at cost, net of depreciatlon and any provision for impairment, Depreciation is provided al rates calculated to WTite off the cost of fixed asset, less their estimated residual value, over their expected useful lives on the following basis: Fixtures, fittings and equipment 25% straight line. g. Intere8t rocolvable Interest on funds held on deposit is included then receivable and the amount can be measured reliably by the charity. this is normally upon notification of the interest paid or payable by the Bank. h. Stocks Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slovl-moving stocks. Costs include all direct costs and an appropriate proportion of fixed and variable overheads.
DISS MUSEUM CIO NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 1. Accountlng pollcles (contlnued) l. Debtors Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. j. Cash at Bank and In hand Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposlt or similar account. k. Uablllt108 and provlslons. Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide. Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised within interest payable and similar charges. l. Flnanclal Instrumènts The charity only has financial assets and financial liabilities of a klnd that qualify as baslc financial instruments. Basic financial instruments are Initially recognised at transaction value and subsequently measured at their settlement value w7th the exception of bank loans thlch are subsequently measured at amortised cost using the effective interest method. m. Taxatlon The trust is a registered charity and does not trade for tax purposes. It is not liabile to corporation tax on its surplus. n. Merger On 8 March 2024 and 3 May 2024 respectively, Diss Museum CIO and The Friends of Diss Museum voted to merge and become one entity under the name of Diss Museum. Merger accounting has been adopted in the financial statements, as required under the SORP. The comparatives have been restaled as if the charilies has been combined at the start of the prior year and no accounting policy adjustments yre required to align the figures.
DISS MUSEUM CIO NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2. Income from donations and grants Total funds 2025 Total funds 2024 Unrestricted Restricted funds funds Donations- gift aided including tax Donations - Other 11,487 618 11,487 618 10,604 957 Total donations 12,105 12,105 11,561 Grants 1,010 315 1,325 1,000 Total donatlons and grants 13,115 315 13,430 12,561 Total funds 2025 Total lunds 2024 Unrestrlcted Restrlctod funds fund8 Norfolk County Council Eastern Region Media CIC other 315 315 1,000 10 1,000 10 10 315 1.325 I,ooo 3. Income from charltable actlvltles Total funds 2025 Total funds 2024 Unrostrlct•d R•strlcted funds funds Events Income - draw 1,255 1,255 10
DISS MUSEUM CIO NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 4. Trading Incomo Total funds 2025 Total funds 2024 Unrestricted Restricted funds funds Charlty trading Incom• Museum shop and book sales Other 3,343 3,343 2, 703 1,334 Cost of sales Museum shop expenses Fund raising costs 761 761 738 241 Net income from trading activilies 2,582 2,582 3,058 5. Investment Incom• Total fund8 2025 Total funds 2024 Unrnstricted R88trlcted funds fund8 Gross interest 1,758 1,758 347 6. Dlrnct Costs Total 2025 Total 2024 Event Expenses 566 7. Other Expenses Total 2025 Total 2024 Honorarium5 Repairs, maintenance and cleaning Administration expenses Insurance Light and heal (net of contribution from market stalls) Subscriptions Display Costsl Website Rent and property costs Independent examinerfs fee Depreciation 3,120 1,595 1,985 1,218 (198) 288 365 7,200 360 99 2, 964 1,151 1,462 1,216 629 269 422 7, 200 300 135 16,032 15, 748 Propety costs consists of an inclusive fee for gas, electricity, water. cleaning, buildings insurance, repairs, maintenance, and rates.
DISS MUSEUM CIO NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 8. Analysis of Expenditure by expendlture type Staff Costs Depreciation Other Costs 2025 2025 2025 Total 2025 Total 2024 Expenditure on fund raising trading 761 761 979 Costs of goneratlng funds 761 761 979 Event expenses Charitable activities 566 15.748 3,120 99 12,813 16.032 Total costs 3,120 99 13,574 16,793 17.293 2024 2,964 135 14.194 17,293 9. Net Incomollexpendlture) During the year, no trustees recelved any remuneration (2024 -£ Nil) During the year, no trustees received any benefits in kind (2024 - £Nil) During the year no truslee received any reimbursement of expenses (2024 - £Nil) 10.Staff Costs Staff costs vRre as foll0v. 2025 2024 Wages and salaries 3,120 2,964 The average number of persons employed by the charity during the year was as follovts: 2025 No. 2024 No. 11. Inallenable and hlstorlc assets The museum has a collection of historic artefacts for display within the museum for vthich there is no reliable Gost information available and they are therefore not included in the balance sheet. 12
DISS MUSEUM CIO NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 12. Tangible fixed assets Fixturos, fittings & equipment Cost At 1 April 2024 Additions 27,558 At 31 March 2025 27,558 Depreclatlon At 1 April 2024 Charge for the year 27,459 99 At 31 March 2025 27,558 Net book valu8 at 31 March 2025 Net book valuo at 31 March 2024 99 13. Bank and cash Totsl 2025 rotal 2024 Barclays currenl account Barclays deposit account Virgin charity account Lloyds Treasurers account Lloyds Deposit Account Charity Bank Account Lloyds 95 Day account Lloyds 1 year fixed account HSBC - The Friends of Dlss Museum account Cash in hand 5, 620 2,831 13 5, 656 3,280 8,329 20,737 10,196 20,804 20, 100 26, 769 30 30 63,376 61,018 14. Stocks 2025 2024 Goods for resale 234 621 13
DISS MUSEUM CIO NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 15. Debtors 2025 2024 HMRC Gift Aid A & T Insurance 2.300 1,218 2, 182 1.217 3.518 3, 399 16. Credltors: amounts falling due wlthln one year 2025 2024 L Hulse - rent and service charges Newman & Co Membership fees pald In advance 1,800 300 360 738 1,098 2,100 17. Statemont of funds Stat•m•nt of fund8 - curr•nt year Combln•d Balance at Tran•forn Inlout Bal•nc8 at 31 Mar¢h Incomo Expondlturo Unrestrfcted funds General Funds - all funds 48,495 19,471 16,793 315 51,488 R08trlcted fund8 Brian Jones fund Diss Corn Hall 14,375 167 14,375 167 315 {316) 14,542 316 {315) 14,542 Total of funds 63,037 19,786 16,793 66,030 The restricted funds held on the Biian Jones fund were transferred as part of the merger with The Friends of Diss Museum. The funds are held to be used for the acquisistion of aretefacts. Funds transferred from restricted to reflect the receipt of a grant covering costs in prior period. 14
DISS MUSEUM CIO NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 17. Statement of funds (continuod Statement of funds - prlor year Comblned Balance at 1 April Tran8fer8 Inlout Balance at 31 March Income Expendituro Unrnstrlcted funds General Funds- all funds 38,779 17.276 17,293 9,733 48,495 Restrlcted funds External storage fund Brian Jones fund Diss Corn Hall 9.733 14,375 167 (9,733) 14,375 167 24,275 19,7331 14,542 Total of funds 63,054 17.276 17,293 63,037 If funds are no longer required for a particular purpose and the donors have indicated that they do not require repayment, excess funds are transferred to general funds at the discretion of the trustees. 18. A38ets by fund - comblngd Unrastrlcted Rostrlcted fund8 funds Total Tangible fixed assets stock Bank and cash Debtors Creditors 234 48,834 3,518 (1,098) 234 63,376 3,518 (1.098) 14,542 51,488 14,542 66,030 Assets by fund - prlor year - combined Unrestricted Restricted funds funds Total Tangible fixed assets Stock Bank and Cash Debtors Creditors 99 621 46,476 3,399 (2,100) 99 621 61,018 3.399 (2,100) 14,542 48,495 14.542 63,037
DISS MUSEUM CIO NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 19. Rolated party transactions. A related party of Anthony Hulse, a Irustee, Dr Lynn Hulse received rent and service charges of £7,200 per annum for the musuem store and facilities, 1¢h are located in property at their house. Mr Hulse donated back to the museum the equivalent value. Richard Peaty and John Robertson are Councillors of Diss Town Council from thIch the charity rents part of the museum building. They play no part in the determination of the rent payable. 16
DISS MUSEUM CIO NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 20. Merg9r - Gurrent yoar Dlss Museum The Friends Combined of Diss antity from the d•to ol mvrg•r Total 2025 statement of Flnanclal Actlvltlg8 up to m•rq•r up lo m•rg•r Income Donations & grants Donations - Gift aided including tax Donations - Other Grants Charitable activities Other trading activities Subscriptions Interest 145 11,342 306 10 1,117 2,943 11,487 618 1,325 1,255 3,343 312 1,315 138 400 1,758 1,758 Total Incom• 1,998 312 17,476 19,786 Expondlture on: Raising funds Charitable activities Event expenses Other expenses 761 761 896 15.136 16,032 Total expondlture 896 15,897 16,793 Net Incom•l{•xp•nditur•) 1,102 312 1,579 2,993 Total funds brought fop4vard 36,288 26,769 63,037 Total funds carrled forward 37,370 27,081 1,579 66,030 The date of the merger is taken a5 3 May 2024, vthen il was agreed by the members of The Friends of Diss Museum. Dlss The Frlends Museum of Dlss Unr88trlct&d R•8trlctod Unreslrl¢ted Re8trl¢t•d Not assets - a8 at 3 May 2024 Tangible fixed assets Stock Bank and cash Debtors Creditors 91 621 33,592 3,399 (500) 167 12.706 14,375 37,203 167 12,706 14,375 Total funds 370 27,081 17
DISS MUSEUM CIO NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 21. Statement of Financial Activity Diss Museum Tha Friends of Dis¥ Total 2024 Prlor year Income Donations & grants Donations- Gift aided including tsx Donations- Other Grants Charitable activities other trading activities Subscriptions Interest 10,604 730 1,000 10,604 957 1,000 227 2.703 1,334 331 4,037 331 347 347 Total Incom• 15,384 1,892 17,276 Expendlture on: Raising funds Charitable activities Event expenses Other expen8es 738 241 979 566 78 566 15,748 15,670 Total expondlture 16,408 885 17,293 Nat Incomo1(•xpondlture) (1,024) 1,007 117) Total funds brought forward 37,292 25.762 63,054 Total fund8 carrled forward 36,268 26,769 63,037 18
DISS MUSEUM CIO XAMINER'S REPORT TR TEES I report lo the trustees on my examination of the financial slalemenls of Diss Museum CIO (the charity) for lh¢ year ended 31 March 2025. Respollslbllltles and bAsls of report As Ihe tru5tCC5 of lh¢ charity you are responsible for the preparation of the financial statements in accordance with the requir¢menls ofthe Charities Act 2011 (the 2011 Act). I report in re5p¢cI of my examination of the charity's financial 51atemcnts Carried out under section 145 of Ihe 2011 Acl. In carying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. Independent examiner's statemeDt I have ¢ornplel¢d my examination. I confinn that no matters have come to my altenlion in connection with the examination giving m¢ Cause lo believe that in any material respect: a¢counling records were not kept in respect of the charity as r¢quir¢d by section 130 of the 2011 Act; or the financial slalemenls do not accord with those records. or the financial s181emenls do not comply with the applicablc rcquircments coneeming the form and content of accounts set out in the Charities {Accounls and Reports) Regulations 2008 other than any requirement that the account$ give a true and fair view which is not A matter considered as part of an independent examination. have no concerns and have come across no other m&tl¢rs in connection with the examinalion to which altenlion should bc drawn in this report in order lo enable a proper understanding of the finan¢ial slalemenls lo be reached. Aiurf Leslie Newman FCA Waveney Accounlanls Limited Tlas Newman & Co Chartered Accountants 4b Church Street Diss Norfolk IP22 4DD