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 Othe￿Se 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 V￿llIng 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 y￿re 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