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2024-12-31-accounts

DEAL MARITIME AND LOCAL HISTORY MUSEUM

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

CHARITY NUMBER 1168344

Ian Redding (Treasurer) Kathryn Reilly (Co-Chair) Lisa Redding (Co-Chair)

1

DEAL MARITIME AND LOCAL HISTORY MUSEUM (A CHARITABLE INCORPORATED ORGANISATION) FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

Page
CONTENTS 2
Charity Information 3
Report of Directors/Trustees 4 - 7
Independent Examiners Statement 8
Statement of Financial Activities 9
Balance Sheet 10
Notes to the Accounts 11 - 12
Detailed Income and Expenditure
13 - 14

2

DEAL MARITIME AND LOCAL HISTORY MUSEUM (A CHARITABLE INCORPORATED ORGANISATION) FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

ADMINISTRATIVE / LEGAL INFORMATION

REGISTRATION DETAILS: DEAL MARITIME AND LOCAL HISTORY MUSEUM is a
registered Charitable Incorporated Organisation,
Registered in England and Wales
Charity Number: 1168344
GOVERNING DOCUMENT DEAL MARITIME AND LOCAL HISTORY MUSEUM is a
registered Charitable Incorporated Organisation,
governed by the Charities Act 2011, Companies Act
2006 and its associated constitution.
COMMITTEE MEMBERS At 31 December 2024:
Kathryn Reilly …………... Co-Chair
Fay Franklin ………………Trustee
Mark Kelly…………………Trustee
Lisa Redding ……………. Co-Chair
Ian Redding..……………...Treasurer
Helga Wood …………….. Trustee
Resigned during 2024:
Suzanne Green …………. Trustee
Helen Robertson………….Trustee
REGISTERED OFFICE DEAL MARITIME AND LOCAL HISTORY MUSEUM
22 St George’s Road
DEAL
Kent
CT14 6BA
BANKERS Unity Trust Bank
4 Brindley Place
Birmingham B1 2JB
INDEPENDENT EXAMINER Bronwen Robson

3

DEAL MARITIME AND LOCAL HISTORY MUSEUM (A CHARITABLE INCORPORATED ORGANISATION) REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 DECEMBER 2024

The Trustees present their report and financial statements for the period ended 31 December 2024.

PRINCIPAL ACTIVITIES

The objects of the DEAL MARITIME AND LOCAL HISTORY MUSEUM are specifically restricted to being for the public benefit, to establish and maintain a museum in Deal for the exhibition of artifacts and displays illustrating the history of Deal, Walmer, and district.

It delivers this through:

ACHIEVEMENTS AND PERFORMANCE

Having secured Accredited Museum status in 2022, both 2023 and 2024 have been years in which Trustees have taken important decisions to invest resources held and improve the Museum significantly to ensure it is fit for purpose today, into the future, and better addresses the needs of the local community and Museum visitors.

2024 brought the following changes:

Buildings and maintenance

A key investment was to continue to improve the fabric of the Museum buildings and to ensure they meet our ambitions. Our most significant financial outlay of the year was the installation of levelling screed and Museum-quality flooring throughout the entire ground floor. Humidity levels in the Stable Block have been significantly reduced through the mending of lead guttering, and the repointing of the front with lime mortar. Sheds have been temporarily covered with tarpaulins.

In addition, the shop area of the Museum has been refitted and expanded and new products developed that are unique to us. We have acquired more garden chairs for Courtyard, and heavyduty folding tables for events. New external signs have been fitted, and we have three swing boards throughout the town advertising our location.

Systems

The Museum has moved all its email, archiving and cataloguing over to Google Not for Profits, and the website has been upgraded. A self-guided visitor tour ‘InfoPoint’ has been installed, and volunteers have been trained in using it.

Re-organising of Museum and contents

After closing the Museum for winter in October 2024 a comprehensive reorganisation of the museum cabinets and artefacts was started, including mobilising display units for maximum flexibility of space for different uses, updating front desk and backboard artwork and refreshing exhibits. New displays were added including a collection of silverware belonging to the Kingsdown Angling Club, the telling of the story of East Kent mining, lifeboat boards celebrating Deal’s three lifeboat stations, and a collection of paintings by local artist Peter Webb re-imagining the streets of Deal in Georgian times.

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Artefacts acquired throughout the year included the clock from the Royal Marines Drill Hall, a Deal payment token from 1669, several ple￿S of Deal crested souvenir ware, sales deeds for the Royal Navy Yard and a Dutch lidded beer stein that depicts the 1638 Battle of the Downs. Events and Visits Throughout the year we held stalls in Deal Market, in the Town Hall Undercroft, at the Braderie and took part in Christmas Markets selling the products of our expanded shop. A special exhibition on Deal's 5ost buildings was held during Heritage Weekend, and we also held displayed and exhibition on the life and works of Pat Moody, artist and Deal resident. Other events included our Night at the Museum Music and Poetry Evening, talks on the lost Sandown Castle and a Royal Marines and WRENS reunion as a celebration on the eve of the Annual Royal Marines Memorial Concert. We hosted visits from Ihe Sea scouts, local History Groups and schools. In total we have welcomed 1834 people to the Museum. Effective governan￿ of the Museum has continued throughout the year wtth Trustees meeting regularly, minutes recorded. and actions undertaken. Many of our achievements have been possible through the continuity of the Trustee Board, there having been no change of Trustees during the year. STATEMENT OF TRUSTEES RESPONSIBILITIES The Trustees of the Charity are required to prepare financial statements for each financial yearwhich give a true and fair view of the state of financial affairs of the Charity at the end of the year and of its financial activities during the year then ended. In preparing those financial statements, the Trustees are required to.. select suitable accounting policies and apply them consistently, make judgements and estimates that are reasonable and prudent, state whether applicable standards and statement of recommended practi￿ have been followed, subject to any material departures disclosed and explained in the financial statements, and prepare the financial statements on the going concem basis unless it is inappropriate to presume that the project will continue in operation. The Trustees are responsible for keeping proper accounting records which disclose at any time the financial position of the Charity. They are also responsible for safeguarding the assets of the Charity and hen￿ for taking reasonable steps for the prevention and detection of fraud and other Irregularities. Signed.......... ..Treasurer lanR ding

DEAL MARITIME AND LOCAL HISTORY MUSEUM REPORT OF THE CHAIR AND TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024

FINANCIAL REVIEW

The results of the year’s operation are set out in the attached financial statements:

The net movement in funds for the year amounted to minus £12,955.

The retained reserves on 31 December 2024, amounted to £22,193 (including restricted and unrestricted funds, but excluding the value of the Museum Premises).

The Trustees are aware of the need to comply with good practice guidelines on free reserves and DEAL MARITIME AND LOCAL HISTORY MUSEUM policy is included in the notes to the accounts.

RISK MANAGEMENT

The Trustees have examined the major risks which DEAL MARITIME AND LOCAL HISTORY MUSEUM faces and believe that maintaining free reserves at a reasonable level, combined with an annual review of the controls over key financial systems will provide sufficient resources in the event of adverse conditions.

The Trustees have also examined other operational and business risks which the Charity faces and established systems to mitigate the significant risks.

RESERVES POLICY

The Museum's reserves policy has been drawn up in accordance with the Arts Council's Guidance of 2019 regarding reserves in Arts and Cultural Organisations.

The Museum benefits from being the freehold owner of its building, having been gifted it specifically for the purpose, hence its value is reflected in Restricted Funds. However, this, along with the fact that the Museum is run on a largely voluntary basis, means that annual overheads are relatively low, and fundraising is regularly undertaken for specific activities and projects, so these again are accounted for on a Restricted Funding basis.

In 2023, Trustees agreed that in consideration of the charity’s role as Museum and taking account of potential risks to the charity and its activities, to continue to designate £20,000 of Unrestricted balances protect and develop the important collection for which they are responsible; comprising £10,000 each for upkeep and maintenance of building and displays, and for acquisition of artifacts of historical importance to enhance the collection.

During the latter part of 2024, important changes took place to both the layout and the displays of the Museum, including new safety flooring for the ground floor of the main building. This required drawing of £5,000 from the designated sum for upkeep and maintenance of buildings and displays. Consequently, on 31 December 2024 that provisions stood at a reduced figure of £15,000. • £5,000 - For upkeep and maintenance of building and displays. • £10,000 - For acquisition of artifacts of historical importance to enhance the collection.

The Trustees also recognise that, should the Museum have to close, it would likely take at least 12 to 18 months to dispose of the collection and the building in a manner to ensure this can be done in accordance with requirements of the Museum's charitable status and purpose. Therefore, the organisation needs to maintain levels of reserves that amount to 18 months running costs, which totals some £9,000 to £10,500 at 2024 levels.

Therefore, at the start of 2025, Trustees were continuing to seek to increase their levels of unrestricted income to help provide adequately for any potential scenario that might reasonably be anticipated.

This Reserves Policy is kept under regular review to reflect changing activities of the Museum, it's outreach into the local communities and beyond, and the future ambitions of both the Trustees and the Museum's clients and visitors.

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TANGIBLE FIXED ASSETS

The Charities fixed assets fall into three main categories as follows:

Museum Buildings - The Charity’s primary asset is its building which was gifted by Miss Nora Oppitz specifically for the purpose. In 2021 Trustees recognised the importance of recording the value of the building within its annual accounts, to provide a clearer picture of the financial status of the organisation. Local estate agents Bright and Bright gave a valuation of £550,000 which is the figure reflected in the Balance Sheet. Since the valuation, local property values initially increased but then decreased a little; and have recently returned to similar levels as 2021.

Museum Fixtures and Fittings - The Charity has existed for 52 years and has inherited its fixtures, fittings, display cases, etc. from many local people and local businesses, all gifted. As there was no cost to the Charity of acquiring these items, they do not bear a value in the annual accounts; should specialist fittings need to be purchased with a longer-term value, these will be reflected in the accounts and depreciated in value over their useful life.

Museum Exhibits – The Charity is regularly gifted new exhibits by area residents, and local tradespeople, and it is an ongoing exercise to catalogue these to provide a transparent record of their heritage value. As there was no cost to the Charity of acquiring these items to date, they do not bear a value in the annual accounts. However, there is always the potential for important local artefacts being made available to the Museum which would greatly enhance the collection for the benefit to the heritage of the Town if purchased by Trustees. Should such purchases occur, they will be reflected in the accounts at cost.

FUNDS AVAILABLE

The present level of funding is adequate to support the continuation of the Charity operations for the short to medium term, and the trustees consider the financial position of the Charity to be satisfactory.

VOLUNTEERS

DEAL MARITIME AND LOCAL HISTORY MUSEUM is a volunteer-managed and volunteer-run organisation that strives to achieve the highest levels of professionalism that might be expected of an accredited museum. As such it is all too aware of the importance of the vital roles played by its many volunteers and the skills, knowledge and expertise they bring; contributions that are ensuring the success of the Charity. These collective efforts are also creating opportunities for the expansion of the Museum’s work and its outreach, and securing the development of collaborative activities, and partnerships, with other local voluntary agencies as well as with statutory bodies.

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DEAL MARITIME AND LOCAL HISTORY MUSEUM (A Charitable Incorporated Organisation) INDEPENDENT EXAMINATION OF ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024 Responsibilities and basis of report The Trustees of the charity are responsible for the preparation of the accounts in accordan￿ with the requirements of the Charities Act 2011 ("the Act.). Where required, it is the role of an Independent Examiner to undertake an examination of the Trust's accounts in accordan￿ with section 145 of the 2011 Act, following applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. The Requirements for Independent Examination or Audit All charities with an annual income above £25,000 are required to have either an independent examination of accounts or an audit. All chariknes with an annual income above £1 m (or with an income over £250,000 and assets above £3.26m) are required to have an audit. The scrutiny required can also depend on a charity's legal structure, level of income, and the wording in its constitution (for example, as unincorporated charities. Charitable Incorporated Organisations, or Charitable Companies). Charities with an income above £250,000 require a professionally qualified examiner or be a member of a body specffied in the Charities Act 2006. Further detailed explanations can be found at Chari ie ortin and accounts Resource Centre , including requirements for Annual Reporting to the Charity Commission. Though the charity only had income of £16,390 in 2024, Trustees continued to consider it appropriate to retain an Independent Examination, and so better demonstrate accountability and provide transparency to support its increasingly ambitious activities and prospective turnover. . Kathryn Reilly {Co-Chair) Date .Lisa Redding (Co-chair .Date ..lan Reddlng (Treasurer) . Date Inde endent Examinerfs statement The Independent Examinels role is to ensure that no material matters have come to their attention in connection with the examination which gives them cause to believe that in, any material respect: the accounting records were not kept in accordan￿ with section130 of the Act., or the accounts did not accord wÈth the accounting records; or the accounts did not comply with the applicable requirements con￿mIng the form and content of accounts set out in the charities (Accounts and Reports) Regulations 2008 other than any requirements that the accounts give a 'true and fairf view which is not a matter considered as part of an independent examination. I can confimi to the Trustees that I have no such COn￿mS and have come across no other matters in connection with the examination to which attention should be drawn in this report to enable a proper understanding of the accounts to be reached. In examining the 2023 accounts, it was apparent that the organisation has many minor historic Restricted Funds which have not been used in re￿nt years, though Museum activity shows spending on related items from Unrestricted sources. I recommend to TrLSStees that they examine these during 2024 and adopt a policy relevant to activities as an accredited Museum. and to Restrict only those Funds given for specified purchases. projects, or outcomes. Bronwen Robson oE[0g.1.2(85_

DEAL MARITIME AND LOCAL HISTORY MUSEUM STATEMENT OF FINANCIAL ACTIVITIES FOR YEAR ENDED 31ST DECEMBER 2024

Notes
INCOMING RESOURCES
Voluntary Income
J and K
Total Incoming
Resources
RESOURCES EXPENDED
Charitable Activities
J and K
Total Resources
Expended
Net Outgoing
Resources
Fund Balance
brought forward
Fund Balance
Carried forward		 UNRESTRICTED
FUNDS
RESTRICTED
FUNDS
2024
TOTAL
£
£
£
15,380
1,010
16,390		 2023
TOTAL
£
23,330
15,380
1,010
16390		 23,330
17,650
11,695
29,345		 29,617
17,650
11,695
29,345		 29,617
-2,270
-10685
-12,955
24,493
10,655
35,148		 -6,287
36,008
21,145
1,109
22,254		 35,148

9

DEAL MARITIME AND LOCAL HISTORY MUSEUM BALANCE SHEEf AT 315T DECEMBER 2024 Notes 2024 2023 Flxed Assets 550 000 Current As$et$ SlcKk Deposits and Cash Bank AccA)unt 2.914 1,121 18,219 2,958 1,231 31,339 22,254 35,528 Current Liabilities Creditors '. Sknrt Temi 380 35,148 Net Current Assetsl(Liabilities} 22,254 Total Assets less Total Liabilities: 572.254 585,148 Represented By.. Restricted Funds Unrestricted FurKIs-. il Designated Fund for mainte￿ar￿* of BuildinglDisplays ill Designated Fund for ccllecttrjn wuisilions Sub-ToLIl 551,109 560,655 5.OiJ).00 10,000.00 10 000.lxi 15.OCKJ 6,145 20,IX)O 4,493 Unrestricted Reserves 572,254 585,148 As at 31 December 2024 The trustees consider thal for the ￿n(￿j eThJed 31 Cecemkr 2024.. the charity was enti1￿j to exempt¥)n frC￿ audr( or Independent Examination under The Charib'es Act 2011 (Accounts a￿1 ALKlitl Order 2015. relating lo smaller charTties, 9iven the level of annual tumover. However, they continued lo consider rt appropriate to reta'n an Inde￿thI Examination and better demonstrate accoLÈntabilty and prowde transparerKy to SUPFQrt increasirrfJly ambilious aGtivtiEs. Trustees, responsibil￿e$.. The members have nol rg]uired the ccfflpany to obtsin the a￿JIt of ts for the year in queslion in ￿[dan￿ with the islation. The tJustees aCkr￿wIedge their reswnsib11tt￿ for Gomplying with the requirements of Act with resped to ￿Unting records and the prepardtion of &counts. These accounts have tseen prepared in vAlh Ihe provEy)ns to Chatities subject to small Gharib'es accounting regime. The financial slatements on pages 8 and 9 ￿re approved by the t4)arf oflrustees on ...... tts behalf by Kath￿ Reilly {CfrChair) Llsa Redding Ictrchalrl lan Redding (Treasurer) io io

DEAL MARITIME AND LOCAL HISTORY MUSEUM (A Charitable Incorporated Organisation) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024

1. Accounting policies

(a) Basis of preparation

(b) Fund Accounting

(c) Voluntary Income

(d) Investment Income

Credit is taken for interest when the interest falls due for payment.

(e) Administration Expenditure Administration expenditure comprises costs incurred in running the Charity. Where applicable, some of these costs have been treated as direct charitable expenditure.

£ 0

(g) Stock This reflects the value of stock held, at the value of their purchase/production price.

(h) Creditors

Short-term:
Helen Robertson		 2024
£
0
0		 2023
£
380
946

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(i) Cash Movement 2024

Fund Balance
B/F
£		 Income
£
Sub-Total
£
Expended
£		 Balance C/F
£
RESTRICTED
R1 Archive
R2 Deal Town Council – Greening Grant
R6 Collections Care at Risk
R7 Pilgrims Trust (De-humidifiers)
R8 Brighton Royal Pavilion 1
R8 Brighton Royal Pavilion - LGBTQ+ project
R9 Roof Fund
R10 Other restricted funds
(Lifeboat, Marines Exhibition, etc.)
R11 Lottery Heritage Fund – Info-Point
R12 Mr Pring - GIFT
SUB-TOTAL
Museum Buildings Valuation
TOTAL RESTRICTED
UNRESTRICTED
General Fund
TOTAL FUNDS*		 425
179
22
262
140
2,388		 10
435
435
0
179
70
0
22
22
0
262
262
0
140
140
0
2,388
2,388		 0
109
0
0
0
0
2,528
2,049
1,202
4,114
0		 0
2,528
2,528
0
2,049
2,049
0
1,202
1,202
0
4,114
4,114
1,000
1,000
0		 0
0
0
0
1,000
10,655
550,000		 1,010
11,665
10,556
0
550,000
0		 1,109
550,000
560,655
24,493		 1,010
561,665
10,556
15,441
39,934
18,789		 551,109
21,145
585,148 16,451
601,599
29,345		 572,254
*** These are the rationalised funds, with reallocated
expenditure, as explained in Note b(iii) above.**

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(J) Deal Maritime and Local History Museum Detailed Income & Expenditure For YEAR ENDED 31ST DECEMBER 2024

UN-
RESTRICT
FUND		 RESTRICT
FUND 1
RESTRICT
FUND 2
RESTRICT
FUND 12
RESTRICT
FUND 11
RESTRICT
FUND 9
RESTRICT
FUND 8
RES.
FUNDS
4,6 & 10
Archive
Deal
Town
Council
Gift – M
Pring
Heritage
Lott. Fund
Info Point
Roof+
Roy Pavil
LGBTQ+
Skill Build
Marines,
Coll
Care,
MODES,
etc		 TOTAL
Incoming Resources
Legacies – M. Pring
Bank interest
Subscriptions
Event Revenue
Donations
Shop Sales
Entrance
Outgoing
Expenditure
Advertising
Bank Charges
Cleaning
Collections Care
Comp & Software
Electric - EDF
External Membership
Fund Raising
Expenses
Gardening
General Exhibition
Costs
Health and Safety
Insurance
Miscellaneous
Purchases
Office Expenses
Postage and Stamps
Premises Expenses
Professional Fees
Refreshments
Repairs & Renewals
Shop Purchases
Telephone - Vodafone
Training Projects
Water
Webhosting
Zettle & Stripe Charges
TOTAL
EXPENDITURE		 £
744
156
929
6,476
3,947
3,128		 £
£
£
£
£
£
£
1,000

10		 £
1,000
744
156
929
6,486
3,947
3,128
15,380 10
0
1,000
0
0
0
0		 16,390
79
76
9
9
254
1,084
346
375
0
1,078
321
1,282
500
41
43
6,805
896
427
2,776
3,544
416
0
197
323
63		 1,062
22
2,531
99
70
113
20
372
2,289
70
2,049
79		 1,141
76
9
31
2,884
1,084
346
375
70
1,211
321
1,282
500
41
43
6,805
4,800
106
4,825
3,544
416
79
197
323
63
20,569 113
70
0
4,114
2,049
2,408
22		 29,345
-5,216 -103
-70
1,000
-4,114
-2,049
-2,408
-22		 -12,955

13

(k) Deal Maritime & Local History Museum Summary Restricted v Unrestricted Income & Expenditure y/e 31 Dec 2024

Incoming Resources
Heritage Lottery – Info Point
Pilgrims Trust - Dehumidifiers
Brighton Royal Pavilion
Deal Town Council
Gifts
Bank Interest
Subscriptions
Donations - General
Donations – At Entrance
Shop Sales
Refreshments Sales
Quiz Night/Events
TOTAL INCOME
Outgoing Expenditure
Advertising
Bank Charges
Cleaning
Collections Care
Computer and Software
Electric - EDF
Exhibition Costs General
External Membership
Gardening
Health and Safety
Insurance
Miscellaneous Purchases & Sundry Expenses
Office Expenses
Postage and Stamps
Premises Expenses
Professional Fees
Refreshments
Repairs & Renewals
Shop Purchases
Telephone - Vodafone
Training
Water
Webhosting
Zettle. Stripe, & PayPal Charges
TOTAL EXPENDITURE
Surplus/Deficit		 UNRESTRICTED
£		 RESTRICTED
£		 2024 TOTAL
£		 2023 TOTAL
£
744
156
6,466
3,128
3,947
338
591		 1,000
10		 0
0
0
0
1,000
744
156
6,476
3,128
3,947
338
591		 10,000
448
643
2,000
0
25
836
1,271
3,387
4,489
66
165
15,380 1,010 16,390 22,330
79
90
9
254
1,084
1078
346
321
1,282
500
41
42
6,805
896
427
2.776
3,544
416
197
323
63		 1,062
22
2,630
133
70
2,661
70
2,049
79		 1,141
90
9
22
2,884
1,084
1,211
346
70
321
1,282
500
41
42
6,805
3,557
497
4,825
3,544
416
79
197
323
63		 559
58
95
1,843
6,514
1,501
118
821
1,932
1,237
174
381
77
3,273
4,800
106
260
1,824
319
643
129
247
88
20,569 8,776 29,345 29,617
-5,189 -7,766 -12,955 -6,287

14