The Steyning Museum Trust Reglstered Charlty No 1169540 Trustee5' Report and Unaudlted Accounts for the year ended 31 December 2024 Shore Accounting Ltd Accountants 4 Mason's Yard 177 Westbourne Street, Hove East Sussex, 8N3 5FB
The Steynlng Museum Trust Registered Charity No 1169540 for the year ended 31 December 2024 Trustees, Report The Trustees present their report and accounts for the year ended 31 December 2024. Structure. governance and management The trust is a charity governed by the Constitution of the Trust whlch was adopted on 16 October 2016. The trustees who served during the year were: Jacquie Bernadette Buttriss (resigned 30.09.2024). Chalr Ftelen Craven Coutrouzas (resigned 30.09.20241 Paul Henry Norris Muriel Wright Christopher Tod {resigned 10.09.20241 Nlck Qulnn (appointed 31.05.20241 Rachel Rainbow (appointed 10.09.20241 Russell Bowman (appointed 10.09.2024). Chair from 14.10.2024 Barbara Chandler (appointed 14.11.20241 Objectlves and actlvltles The objects of the charity are for the public benefit a nd are restricted to the following". l. To maintain Steyning Museum for the public display of material evidence which illustrates the local history of Steyning and its adjacent parishes (Ashurst, Bramber, Upper Beeding and Wistonl for the delight, interest and to advance the education of the public. 2. To care for and conserve the museum collection and develop it as appropriate. 3. To interpret the collection for the education of people of all ages and levels of ability. 4. To prcmote research to understand the collection and associated local history and make the results of the research accessible. The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the trust should undertake.
The Steyning Museum Trust Registered Charity No 1169540 for the year ended 31 December 2024 Financial review The trustees are saisfied with the result for the year and anticipate that the trust will have resources available to promote the object of the trust in the fortcoming year. It is the policy of the trust to retain sufficient reserve5 to SUPPOrt the future activites of the trust. None of the trusts reserves are restricted. On behalf of the trustees, R Bowman- Chair 28th February 2025
The Steyning Museum Trust Re8iStered Charlty No 1169540 lor the year ended 31 December 2024 Independent Examlner's Report to the Trustees I report to the Trustees on my examination of the accounts of The Steyning Museum Trust for the year ended 31 December 2024. Responsibllltles and basls of report As the charity's Trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 20111'the 2011 Act'l. Having satisfied myself that the accounts of the Charity are not required to be audited under Part 16 of the 2006 Act and are elgibile for independent examination, in carrying out my examination I have followed all applicable Directions given by the Charity Comrnission under section 145{5)Ib) of the 2011 Act. Independent examlner's statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect.. l. accountlng records were not kept in respect of the Trust as required by section 130 of the Act or 2. the accounts do not accord with those records or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charltles (Accounts and Reports) Regulatlons 2008 other than any requlrement that the accounts give a true and fair view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examlnatlon to which attention should be drawn in ths report in order to enable a proper understanding of the accounts to be reached. R Anscombe Fellow of the Institute of Financial Accountants IFFAI Shore Accounting Ltd 177 Westbourne Street, Hove East Sussex, 8N3 SF8 28th February 2025
The Steynlng Museum Trust Registered Charity No 1169540 for the year ended 31 December 2024 Statement of Financial Activlties Legacy Buildlng Contln- gency General Total 2023 INCOME Subsciptions received Donations General In Memorium Reasearch fund Steyning Family History Education Legacv Fundraising activities 200 Club Lottery, Coin Jars and Printers Inks Adopt an artifact Profit from Fund Raising Events Shop Surplus Interest Received 2,373 2,373 3,710 3,216 3,216 3,164 102 277 277 25 47 1,000 60 60 25,545 25,S45 5,000 345 443 443 30 1,416 30 1,416 1,545 777 1,743 777 14,786 625 11,786 11,339 815 889 Total 36,884 815 889 10,335 48,923 27,349
Legacy Bulldlng Contin- General Total 2023 gency EXPENDITURE C05t of generating funds Legacy Auction costs Total 2,696 2,696 2,696 2,696 Charltable actlvltles Premises Ground Rent Rates Electricity Water Cleaning Repairs and Maintenance Security/Fire Systems Depreciation Reception/Museum sign Col lectlons Exhlbltlon Costs I nsurance Education ResearchlFamlly Hlstory Total 456 456 112 896 185 979 246 1,261 1,052 456 112 115 430 125 1,005 1,470 827 1,052 12,438 488 580 2,143 28 -154 21,003 896 185 979 246 6,588 1,052 5,327 369 420 1,952 si 440 8,419 369 420 1,952 51 440 13,746 5,327 Governance costs H311 and AGM Expenses Printing, Postage, Stationery Telephone Subscriptions Publicity Independent Examiner's fees Equipment Computer Software etc Bank charge5 Stewards and Helpers Social Sundry Expenses Total 203 382 900 119 639 203 382 900 119 639 1,008 548 80 136 58 52 4,125 69 1.025 785 138 578 960 1,008 548 80 136 58 52 3,117 S4 167 166 3,942 1,008 Total resources expended 9.031 11,536 20.567 24,945 EXCESS OF INCOME OVER EXPENDITURE £27,853 £815 £889 .£1,201 £28,356 £2,404
The Steyning Museum Trust Reglstered Charity No 1169540 for the year ended 31 December 2024 Balance Sheet 2024 2023 FIXED ASSETS Premises 10,019 11,071 CURRENT ASSErs Bank accounts Cash in Hand Debtors and Prepayments Stockg for Resale 321,814 60 560 718 292,899 60 718 323,152 293,677 CURRENT LIABILITIES Creditors Subscriptioris in Advance Accruals ioi 80 1,494 101 1,507 1,675 1,608 NET CURRENT ASSETS 321,477 292,069 TOTAL NET ASSETS 331,496 303,140
2024 2023 Represented by.. General fund Brought fonvard Transfer (tol/frorn Legacy Fund Tranfser Itol/from Research/Family History Fund Transfer Ito)/from Contingency Fund Excess of Expenditure/lncome 51,715 -1,008 49,737 -3,342 674 -1,201 4,646 51,715 49,506 BUILDING FUND Brought forward Excess of Expenditure/lncome 15,914 815 15,246 668 15,914 16,729 CONTINGENCY FUND Brought forward Transfer Itol/from General Fund Excess of Expenditure/lncome 17,349 16,621 889 728 17,349 18,238 LEGACY FUND Brought forward Transfer Itol/from General Fund Excess of Income 218,162 1,008 27,853 218,435 3,342 -3,615 218,162 247,023 RESEARCH FUNO 8rought forward Transfer (tol/frorn General Fund Excess of Expenditure/lncome 697 -674 -23 331,496 303,140
The Steynln8 Museum Trust Registered Charity No 1169S40 for the year ended 31 December 2024 For the year ending 31st December 2024, the charity was entitled to exemption from audit under section 14411) lauditl of the Charities Act 2011 a5 amended by the Charities Act 2011 (Accounts and Audit) Order 2015. The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts, These account5 have been prepared in accordance with FRS102 SORP. On behalf of the trustees 28th February 2025 R Bowman JJ Keane
The Steynlng Museum Trust Registered Charity No 1169540 for the year ended 31 December 2024 Notes to the Accounts l Accountlng pollcies 1.1 Basis of preparatlon The accounts have been prepared under the historical cost convention and in accordance with the Statement of Recommended Practice Accounting and Reporting by Charities 2005 and the Charities Act 2011. The accounts are prepared using the accrual basis. 1.2 Incoming resources Income is accounted for In the period in whlch the charlty is entltled to receipt. 1.3 Resources expended Expenses are provided for on an accruals basis. 1.4 Tan8lble fixed assets and depreclatlon The charity has a 75 year lease on land in Steyning granted in July 2005. The charity built the museum premises on the land at a c05t of £96,028 with a grant of £75,000, The building must be removed at the end of the term of the lease. The trustees of the charity are writing the net cost off over 20 years. 1.5 Taxatlon The charity is registered with the Charity Commission and is exempt from corporation tax as all of Its Income is applied for charita ble purposes. 2 Voluntary income 2024 2023 Subscri ptions Donations Fundra isin8 activities Legacies Shop surplus 2,373 3,553 1,889 25,545 777 34,137 3,710 3,338 6,890 1,000 625 15,563 Investment income 2024 2023 I nterest receivable 14,786 11,786
4 Governance costs 2024 2023 Independent examiner's fees Other administrative costs 1,008 3,117 4,125 960 2,982 3,942 5 Trustees None of the trustees, or any persons connected with them, received any remuneration during the year, and none were reimbursed for any expenses, other than those incurred as agents for the charitv. Employees There were no employees during the year. Flxed assets Premlses Cost at 31 December 2023 21,028 Depreciation At 31 Decernber 2023 Provided in year At 31 December 2024 9,957 1,052 11,009 Net book value At 31 December 2023 11,071 At 31 December 2024 10,019 8 Cash at bank and In hand 2024 2023 Charity Deposit Bullding Fund Charity Deposit Contingency Fund Charity Deposit Legacy Fund Charity Deposit Income Fund Bank Current Account 16,729 18,239 247,024 31,592 8,230 321,814 15.914 17,350 218,163 29.849 11,623 292,899 Debtors 2024 2023 Prepaid expenses 56C
10 Creditors: amounts falllng due wlthln I year 2024 2023 Creditors Subscriptions in Advance Accruals 101 80 1,494 1,675 ioi 1,507 1,608 11 Control The Charity is controlled by the Trustees