| Pages | |
|---|---|
| Reference and Administrative Details |
|
| Report ofthe Trustees | 2-3 |
| Independent Examiner's Report |
|
| Statement ofFinancial Activities | |
| Balance Sheet | |
| Notes to the Financial Statements | 7-13 |
| Governing | Document: | Constitution | adopted 9 November 2015 |
|---|---|---|---|
| Charity number: | 1168326 | ||
| Registered | office: | 1 Bartholmew | Close |
| London | |||
| EC1A 7BL | |||
| Trustees: | C Roberts (Chair) | ||
| R H B Holme | (Treasurer) | ||
| D F Howatt | |||
| MM J Bound | |||
| H A M SShackleton | |||
| G L Bound | |||
| H A Osborne J H McAdam |
(Secretary) | ||
| S F Heijtz | |||
| Independent | Examiner: | John Howard | |
| Azets Audit Services | |||
| Chartered Accountants |
|||
| 2"' Floor Regis House | |||
| 45 King William Street | |||
| London | |||
| EC4R 9AN | |||
| Bankers: | CAF Bank Limited | ||
| 25 Kings Hill Avenue |
|||
| Kings Hill |
|||
| West Mailing | |||
| Kent | |||
| ME194JQ | |||
| Investment | Managers: | Fiske pic | |
| Salisbury House |
|||
| London Wall | |||
| London | |||
| EC2M 5QS |
| Notes | Total | Total | ||
|---|---|---|---|---|
| Unrestricted | Unrestricted | |||
| Funds | Funds | |||
| 2022 | 2021 | |||
| Income from: | ||||
| Donations and legacies |
30,379 | 1,244 | ||
| Charitable activities |
1,735 | 540 | ||
| Investment income |
10,497 | 9,880 | ||
| Total income | 42,611 | 11,664 | ||
| Expenditure on: |
||||
| Raising funds | 4,874 | 4,402 | ||
| Charitable activities |
38,690 | 6,666 | ||
| Total expenditure | 43,564 | 11,068 | ||
| Net gains / (losses) |
on investments | 10 | 12,519 | (2,311) |
| Net income (expenditure) | 11,566 | 1,715 | ||
| Net movement in funds |
11,566 | 1,715 | ||
| Reconciliation offunds: |
||||
| Total funds brought | forward | 492,761 | 494,476 | |
| Total funds carried | forward | 504,327 | 492,761 |
| Notes | Total | Total | ||||
|---|---|---|---|---|---|---|
| Unrestricted | Unrestricted | |||||
| Funds | Funds | |||||
| 2022 | 2021 | |||||
| Fixed Assets | ||||||
| Investments | 10 | 447,174 | 429,011 | |||
| Current Assets | ||||||
| Cash at bank | 59,127 | 67,309 | ||||
| 59,127 | 67,309 | |||||
| Creditors: Amounts | falling due within one year | (1,974) | (3,559) | |||
| Net Current | Assets | 57,153 | 63,750 | |||
| Net Assets | 504,327 | 492,761 | ||||
| Reconciliation | offunds | |||||
| Unrestricted | Funds | |||||
| General Funds | 14 | 279,327 | 492,761 | |||
| Designated | Funds | 14 | 225,000 | |||
| Total funds | carried | forward | 504,327 | 492,761 |
| Total | Total | ||
|---|---|---|---|
| 2022 | 2021 | ||
| E | |||
| Donations | 30,379 | 1,244 | |
| 30,379 | 1,244 | ||
| CHARITABLE | ACTIVITIES | ||
| Total | Total | ||
| 2022 | 2021 | ||
| Subscriptions | Income | 1,135 | 540 |
| Gift Aid | 586 | ||
| Other Income | 14 | ||
| 1,735 | 540 | ||
| INVESTMENT | INCOME | ||
| Total | Total | ||
| 2022 | 2021 | ||
| Bank interest | 6 | 63 | |
| Dividends - equities | 10,491 | 9,817 | |
| 10,497 | 9,880 |
| 5. | RAISING | FUNDS | |||
|---|---|---|---|---|---|
| Total | Total | ||||
| 2022 | 2021 | ||||
| Investment | management | costs | 4,874 | 4,402 | |
| 4,874 | 4,402 | ||||
| 6. | CHARITABLE ACTIVITIES | ||||
| Total | Total | ||||
| 2022 | 2021 | ||||
| E | |||||
| Collections | ofthe Museum | and Archives | 38,690 | 6,666 | |
| 38,690 | 6,666 |
| Direct | Support | Total | Total | ||
|---|---|---|---|---|---|
| Charitable | Costs | 2022 | 2021 | ||
| (Note 8) | |||||
| Raising funds | 4,874 | 4,874 | 4,402 | ||
| Collections ofthe Museum | and | ||||
| Archives | 36,812 | 1,878 | 38,690 | 6,666 | |
| 41,686 | 1,878 | 43,564 | 11,068 |
| Total | Total | ||||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| Bank Charges | 103 | 62 | |||
| Governance | Costs | ||||
| Independent | Examination | Fee (including | VAT) | 1,560 | 1,440 |
| Insurance | 42 | 42 | |||
| Trustee expenses | 173 | ||||
| 1,878 | 1,544 |
| FIXEDASSE | T INVESTMENTS | |||
|---|---|---|---|---|
| Total | Total | |||
| 2022 | 2021 | |||
| Market Value | F | |||
| At 1 February | 2021 | 326,087 | 259,502 | |
| Additions | 77,302 | 106,339 | ||
| Disposals | (61,331) | (37,443) | ||
| Gains/(losses) | on revaluations | 12,519 | (2,311) | |
| At 31 January | 2022 | 354,577 | 326,087 | |
| Investments at market value comprise: |
||||
| Fixed Interest | 60,737 | 61,422 | ||
| Equities | 166,183 | 155,730 | ||
| Collectives | 127,657 | 108,935 | ||
| 354,577 | 326,087 | |||
| Cash balances | held within the investment | portfolio | 92,597 | 102,924 |
| Total fixed asset investments | 447,174 | 429,011 |
| CREDI | TORS: AMOUNTS | FALLING DUE WITHIN ONE | YEAR | ||
|---|---|---|---|---|---|
| Total | Total | ||||
| 2022f | 2021f | ||||
| Other creditors | 293 | ||||
| Accruals | 1,974 | 3,266 | |||
| 1,974 | 3,559 | ||||
| ANALYSIS OF NET ASSETS BETWEEN TOTAL FUNDS | |||||
| Unrestricted | Designated | Restricted | Total | ||
| fundsf | fundsf | fundsf | 2022f | ||
| Fund balances at 31 January 2022 are represented by: |
|||||
| Investments | 222,174 | 225,000 | 447,174 | ||
| Current | assets | 59,127 | 59,127 | ||
| Current | liabilities | (1,974) | (1,974) | ||
| 279,327 | 225,000 | 504,327 |
| ANALY | SIS OF NET ASSET | S BETWEEN TOTAL FUND | S - PRIOR YEAR | ||
|---|---|---|---|---|---|
| Unrestricted | Designated | Restricted | Total | ||
| funds | fundsf | fundsf | 2021 | ||
| Fund balances at 31 January | 2021 are represented by: |
||||
| Investments | 429,011 | 429,011 | |||
| Current | assets | 67,309 | 67,309 | ||
| Current | liabilities | (3,559) | (3,559) | ||
| 492,761 | 492,761 |
| 14. | SUMMARY | OF MOVEMENTS ON FUNDS | |||||
|---|---|---|---|---|---|---|---|
| At 1"Feb 2021 |
Incoming Resources |
Resources expended |
Transfers | 31"January 2022 |
|||
| Unrestricted | Funds | ||||||
| General Reserves | 492,761 | 55,130 | (43,564) | (225,000) | 279,327 | ||
| Designated | Funds | ||||||
| Lookout Gallery Development | 225,000 | 225,000 | |||||
| Restricted | Funds | ||||||
| 492,761 | 57,130 | (43,564) | 504,327 | ||||
| 14.1 | SUMMARY | OF MOVEMENTS ON FUNDS | (PRIOR YEAR) | ||||
| At1"Feb 2020 |
Incoming Resources |
Resources expended |
Transfers | 31"January 2021 |
|||
| Unrestricted | Funds | ||||||
| General Reserves | 494,476 | 9,353 | (10,068) | 492,761 | |||
| Designated | Funds | ||||||
| Lookout Gallery Development | |||||||
| Restricted Funds |
|||||||
| 429,476 | 9,353 | (10,068) | 492,761 |