ANNUAL REPORT AND FINANCIAL STATEMENT
FOR THE YEAR ENDED 31 OCTOBER 2024
Detail: Pinkie Maclure, Beauty Tricks (2017), ELYGM:2024.6
South Triforium, Ely Cathedral, Ely, Cambridgeshire, CB7 4DL
Registered Charity No. 1169842 Arts Council Accredited Museum No. 574
The Stained Glass Museum
Registered Charity No. 1169842 Arts Council Accredited Museum No. 574 Company No. CE008353
Registered Office: The Stained Glass Museum, Ely Cathedral, Ely, Cambridgeshire, CB7 4DL
PATRON
HM King Charles III
TRUSTEES
Dr Jeffrey West FSA (Chairman) Professor Sarah Brown MA FSA Lara Clements Lloyd De Beer (appointed November 2023) Suzanne Galloway MA Mark Hosea Malcolm Leith Adrian Murphy (appointed November 2023) Llewela Selfridge (resigned April 2024) Michael Sheppard (appointed January 2024)
DIRECTOR & CURATOR
Dr Jasmine Allen
CONSERVATION ADVISER
Professor Sarah Brown MA FSA
BANKERS
Barclays Bank Plc CAF Bank Ltd 28 High Street 25 Kings Hill Avenue Ely West Malling Cambridgeshire Kent CB7 4LA ME19 4JQ
INDEPENDENT EXAMINER
Nigel Prentis FCA Prentis & Co LLP 115c Milton Road Cambridge CB4 1XE
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 2024
The Trustees of the Stained Glass Museum present their report and financial statements for the year ended 31 October 2024. The financial statements have been prepared in accordance with the Statement of Recommended Practice for Accounting and Reporting by Charities and in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland.
HISTORY
The Stained Glass Museum was founded in 1972 and first constituted under a Trust Deed dated 11 October 1977. The Stained Glass Museum opened to the public in Ely Cathedral in 1979 and is presently located in the south triforium of Ely Cathedral under a formal Licence to Occupy renewed in May 2024 with the Dean and Chapter.
Following a governance review in 2016, Trustees decided that a Charitable Incorporated Organisation (CIO) with the same name and charitable objectives should be established as the successor organisation to the Trust. With the approval of the Charity Commission, assets were transferred from the predecessor entity a Charitable Trust (The Stained Glass Museum Trust: registered charity no. 274776) to the CIO (The Stained Glass Museum: registered charity no. 1169842). Since 1 November 2016, The Stained Glass Museum has been governed by the CIO.
OBJECTIVES OF THE CHARITY
The Stained Glass Museum CIO (charity no. 1169842) was established with a constitution dated 30 September 2016. The objects of the charity remain the same as the previous charity - the education of the public in the history and appreciation of Stained Glass by the following means:
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(a) To provide, maintain and develop a museum (hereinafter called "a Museum") to benefit and educate the public in the history and appreciation of stained glass and house all the items hereinafter mentioned in such place or places as the Trustees from time to time may determine for the education, appreciation and enjoyment of all;
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(b) To form by purchase or as gifts or loans a representative collection of fine stained glass panels and windows of all periods from churches, as well as other religious and secular buildings in Great Britain, as well as from other appropriate sources both within and beyond Europe as the Trustees may determine;
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(c) To form by purchase or as gifts or loans a representative collection of designs, cartoons, tools and other material relating to the history and design and manufacture of British and other stained glass of all periods;
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(d) To develop, safeguard and enhance the Museum’s collection for the benefit of future generations;
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(e) To interpret the collection to a variety of audiences in diverse ways and to raise awareness of stained glass as an important part of Britain’s cultural and artistic heritage, as both a historic and contemporary art form;
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(f) To provide a learning programme for all ages, including educational visits for schools, events, talks and workshops to further engage with and educate the public;
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(g) To offset running costs of the Museum by generating income from admissions, retail, events and other activities where appropriate;
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(h) When it is deemed appropriate by Trustees, to act as a repository for stained glass removed from redundant churches, chapels and other buildings in Great Britain in order to retain such glass for study and display or to arrange for its transfer to other museums, churches chapels and other buildings by way of loan or gift for charitable purposes as the Trustees may from time to time determine.
VISION - The national centre for enjoying and understanding stained glass through storytelling, creativity and research.
MISSION - To share the cultural and artistic importance of stained glass.
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GOVERNANCE
The Charity is controlled by Trustees selected for their knowledge of stained glass, museum and heritage sector, management, finance and other appropriate subjects. The Trustees who have served during the year and since the year end are set out on page 1. New Trustees are appointed with the specific needs of the CIO in mind at the time of the vacancy, in terms of skills, expertise, experience and knowledge of the relevant field of activity and advice which the Trustees need. New Trustee induction involves the provision of a copy of the governing documents, objectives and policies of the charity, minutes of prior meetings and a formal tour of the museum. Upon appointment, new Trustees are inducted by the Chairman and the Director. Existing trustees are provided with training as and when required; this is provided both internally by fellow trustees and where appropriate by outside sources.
The Trustees meet a minimum of four times a year to review policy and progress with the museum Director. The museum also has an advisory Acquisition and Disposal Sub-Committee of appointed persons including selected Trustees. A risk review is carried out by the Trustees in conjunction with the Director annually, and appropriate steps are taken to mitigate risk.
The Trustees are aware of the Charity Commission’s guidance on public benefit and the requirements of the Charities Act 2006, including the requirement to report on public benefit. The Museum and library are available to the public at large, as are the museum’s activities, events, workshops and educational courses organised regularly by the Museum.
Dr Jeffrey West remained Chair of the Board of Trustees during 2023-24. Following recruitment, shortlisting and interviews, three new Trustees joined the Board. Dr Lloyd de Beer, Curator of Medieval Britain and Europe at the British Museum, and Adrian Murphy, an experienced digital communications and marketing professional, both joined the Board in November 2023. Michael Sheppard, an experienced project manager with experience in architectural conservation and restoration joined the Board in January 2024.
Collections Committee
Trustees benefitted throughout the year from the advice of several specialist members of the Collections Committee who act as advisors. The Board would like to express its thanks to this group for lending their time and expertise: Professor Tim Ayers (History of Art Department, University of York), Dr Sally-Anne Huxtable (National Trust) (resigned July 2024), Dr Michaela Zöschg (Curator of Medieval Art & Design, V&A Museum) and Dr Martin Crampin, stained glass scholar, UTSDW.
Staff team
The Museum is operated by a small team of paid staff, led by the Director, and supported by volunteers. Thanks to funding from the Headley Trust, a new two-year part-time of Digital Producer was created in 2024 and Ho Huang was appointed to this role. From summer 2024 Emily Allen’s contract was extended to full-time in her new capacity as Deputy Curator, where she is responsible for collections engagement, interpretation, marketing, memberships and audiences.
Strategic Plans - Relocation
The Board remain committed to exploring options for relocating the museum, due to the restrictive physical access to this upper-level Grade-I listed space and the fact there is no room for expansion in our current premises. During the year several conversations were held with potential partners across the UK. Closer to our current home in Ely, attempts to negotiate leasing a vacant commercial premises near the Cathedral to relocate our learning and workshops were unsuccessful, and the landlord opted for a commercial tenant instead. As a small charity in a city where independent businesses are thriving, there is a high demand for vacant commercial property.
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FINANCES
The Museum does not receive any core government or local council funding. The museum’s income is predominantly funded by visitor admission charges and shop sales, supplemented by fundraising events and activities and grants from trusts and foundations.
Financial Overview
Finances for the year ending 31 October 2024 are set out on page 11 of the accounts. Total income in 2023-24 (excluding specific grants in restricted income) was £246,931(2022-23: £285,430). Unrestricted expenditure was higher than previous years due to increased costs and stood at £273,676 (2022-23: £238,925). This resulted in an overall deficit of £26,745 (2022-23 surplus: £46,505. The deficit was largely due to increased running costs as well as lower than expected admissions and shop sales. We incurred unrealised gains on investments of £10,411 (2022-23: £1,577) this year which means our unrestricted funds now stand at £420,136.
Salaries
The Trustees undertake a review of staff salaries annually, considering levels of national inflation, the living wage, salary levels of similar roles both locally and nationally, and individual performance. The Stained Glass Museum is an accredited living wage employer.
Reserves Policy
It is the policy of Trustees to maintain sufficient funds to cover a full 12-month (minimum) period of total organisational operating costs based on the unrestricted expenditure for the next budget year (see note 1.l on page 16).
Risk Management
The Trustees have examined the major strategic, business and operational risks which the Charity faces, and regular checks, systems and policies are in place to ensure that necessary steps are taken to reduce these risks. The Risk Management Policy and risk assessments are regularly reviewed.
Investment Policy
The principal financial risk faced by the museum lies predominantly in the performance of investments. Trustees manage these investment risks by operating an investment policy that provides for a high diversification of holdings within investment asset classes that are quoted on recognised stock exchanges. Trustees continue to monitor the performance of investments in line with its investment policy (see note 1.m on page 16).
ACTIVITIES
Fully accredited with the Arts Council (no. 574) The Stained Glass Museum is an independent museum and registered charity (no. 1169842). It is the only museum of stained glass in the UK. As well as caring for and interpreting an internationally significant collection of stained glass the museum runs an associated programme of events to foster learning and engagement with the art of stained glass for a wide variety of audiences.
Visitor Engagement
We welcomed a total of 21,622 people to the Stained Glass Museum during 2023-24, of which 16,314 were paying visitors and 2,788 were children. 2,042 people attended an event or workshop, and 827 school children visited on a school visit. Repeat visits from Friends of the museum or Art Fund members accounted for a further 1,035 visitors.
Overall visitor numbers were down on the previous year, and this was largely due to a significant drop in joint Ely Cathedral ticket sales, likely because of increased admission prices to enter the Cathedral. However, the number of school visits were up significantly, as were visitors whose entry was free with an Art Pass or annual pass.
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EDUCATION & OUTREACH
Schools Programme
Our Learning Officer had a busy year, and our schools programme engaged with 827 pupils from 27 schools across Ely, Fenland and eastern regions. This was 20% more than the previous year. As an accredited Arts Award provider, we delivered Arts Award sessions, as well as sessions on stained glass history, religion, science of light and colour, portraiture, power and pride.
Provision for SEN children was enhanced and our Learning Officer worked closely with teachers from one school who cater for severely autistic children unable to access mainstream schooling. Similarly, on visits from home education groups the additional educational and emotional needs of children are taken into consideration and a good rapport has been built up with these groups.
Funding from The Art Friends Cambridgeshire enabled bespoke new replica handling stained glass panels to be made by artist Jamal Rafay for use with schools and booked group tours. The Ely Rotary Club and Helen Keller Lions also contributed funds towards learning resources in the gallery.
Community Engagement
The Stained Glass Museum’s learning and engagement team participated in several local community and outreach events, providing free-to-access learning and engagement opportunities within the local community. Around 275 people visited the museum out of hours for free during Heritage Open Weekend in September. The museum also had outreach stalls at the Ely Arts Festival in the summer, Ely Cathedral Open afternoon in October and Ely Cathedral Christmas Gift & Food Fair in November.
Families
A further 972 children engaged with the museum during the school holidays during our family workshops, holiday drop-ins, and monthly SGMinis sessions for under 5s. The museum staff and trustees are hugely grateful to our team of dedicated volunteers for supporting our learning provision.
Glass Workshops
In addition, 143 adults developed their creative glass skills on one of our 25 specialist workshops in painting on glass, leading and glazing, copper foiling, glass fusing and screen-printing on glass. The Board of Trustees wish to thank our glass workshop tutors Tracey Chamberlain, James Cockerill, Claire Hart, Louise Haselgrove, and Derek Hunt ACR for sharing their expertise and teaching workshops at the museum during the year.
Tours
The museum’s 2024 annual Study Tour took place in Dublin in April 2024 and was fully booked with 48 paying delegates. We were delighted to be guided by resident experts Dr David Caron, Dr Joseph McBrinn and Stephen Huws whose combined knowledge and enthusiasm made for a memorable tour. Attendees were enraptured by the works of renowned Irish arts and Craft artists including Harry Clarke, Evie Hone, Wilhelmina Geddes and Michael Healy. Thanks to the generosity of Friends, we were able to offer three student places – one to a non-residential student based in Dublin, and two others based in the UK. A Study Day in Northamptonshire in the autumn saw visits to see some spectacular modern glass by Evie Hone, John Piper and Mark Angus at Wellingborough and Oundle.
Talks
Two series of online talks were held in the year with a combined audience of 350. Our 2024 spring series of talks was organised to coincide with The Glass Heart Exhibition at Two Temple Place to highlight the cultural heritage of glass in the UK. One talk brought together speakers from three different centres devoted to glass: Julia Stephenson (Head of Art, National Glass Centre, Sunderland), Harrison Davies (Curator, Stourbridge Glass Museum) and Peter Frost (Executive Director, St Helen’s World of Glass). A second talk brought together two contemporary glass artists Ayako Tani and Christopher Day to discuss the art of glassblowing, and the third discussed the role of coloured glass in architecture with Andrew Moor, Glass Art Consultant and author of several books on modern and contemporary architectural glass art.
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The series of autumn talks focused on at the work of historic and contemporary artists whose works had recently entered the museum’s collections. Juliette MacDonald, a Lecturer at the University of Edinburgh, spoke to us about Scottish artist Douglas Strachan’s life and legacy. Contemporary glass artist Grace Ayson gave an illuminating presentation on her artistic practice, bringing together both her love for drawing and translucent coloured glass. Finally, Canon John Edwards gave a fascinating insight into the extensive work of artist Christopher Webb, a British stained glass designer whose distinctive and refined windows can be seen all over the country.
Throughout the year several adults also accessed lifelong learning through talks and craft sessions delivered by museum staff to various local WI and Arts Society groups.
COLLECTIONS & RESEARCH
New Acquisitions
The year was a significant one for new acquisitions. The Board of Trustees remain grateful to the Director and Collections Committee for their expertise and proactive sustained approach to enhancing the museum’s collections. Amongst the new objects that entered the museum’s permanent collection during the course of the year were a bound sketchbook of designs by British artist Francis Skeat (1909-2000) gifted by Christina Alvner; a collection of items from Norman Attwood (1934-2003), gifted by Amanda Blair, and an extensive archive of designs and cartoons by the prolific stained glass artist Christopher Webb (1886-1966), gifted by Canon John Edwards.
In addition to these significant gifts, several purchases were made during the year, thanks to fundraising appeals and acquisition grants. Of these, a contemporary work entitled Beauty Tricks , 2017, by Scottish artist Pinkie Maclure (b.1966) was purchased with the support of the Art Fund and the Arts Council/V&A Purchase Grant Scheme. Thanks to a successful public appeal and donations from individuals, a stained glass panel by Scottish artist Douglas Strachan (1875-1950), David anointed as King , formerly part of a 1916 window made for Selkirk church, was purchased at auction.
Other purchases were made using funds set aside and ringfenced in a new Collections Fund established dedicated to the care and development of the collections. Purchases included a heraldic shield c.1670-90 attributed to Henry Gyles (1640-1709), a collection of designs by post-war artist Margaret Traherne (1919-2006) and six internationally-significant sample or exhibition panels by postwar German masters from the Derix-Kaiserswerth studio. Included amongst these were artworks by Georg Meistermann (1911-1990), Hermann Gottfried (1929-2015), Hubert Spierling (1925-2018), Maria Katzgrau (1912-1998), and two works by Joachim Klos (1932-2007). These modern panels reveal new innovations in stained glass in the late 20th century and have significantly enhanced the international breadth of museum’s collections as well as showcasing modern innovations in stained glass.
Collections Care
Thanks to funding from The Constable Trust, visits from a specialist bat ecologist and stained glass conservator were made to assess the impact of bats in the museum gallery – looking especially at the potential damage being inflicted on the displayed collections. As a result, designs for a series of adaptations to the museum gallery cases were made to install additional rooves to protect works on display. Funding for this work will be sought in the following year.
Thanks to the team at the York Glaziers Trust – especially Director Prof Sarah Brown, conservator Nanci Georgi ACR and trainee conservator Samantha Yates, the newly acquired stained glass panel by Douglas Strachan was conserved and framed ready for display free of charge. Conservation involved replacing and repainting missing pieces of glass, and stabilising cracks. A bronze frame was added to the extremely heavy panel to provide extra structural stability.
A large window by Mary Lowndes, depicting The Finding of the Saviour in the Temple , was also cleaned and conserved in preparation for an international loan.
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Access to Collections
Digital access to the museum’s collections was significantly enhanced through the Bloomberg Connects App. Supported by Art UK the Stained Glass Museum was part of an early British cohort to sign up to the App. A large amount of additional audio and visual content around the museum’s collection can now be explored via this Mobile App both on site and from the comfort of one’s own home in multiple languages giving users new ways of finding out about the museum, engaging with and exploring its collection.
The Curatorial team enabled access to the museum’s stored collections and archives for independent researchers and parish groups during the year. The museum also continues to provide a high-quality free enquiry service and responds to around 300 enquiries from members of the public and wider architectural and heritage sector per year.
Exhibitions
The Stained Glass Museum was delighted to be a lending partner to The Glass Heart: Art, Industry & Collaboration Exhibition at Two Temple Place, 27 January – 21 April 2024. Curated by Antonia Harrison, this exhibition saw several stained glass panels from the museum’s permanent collection including windows by Hardman & Co., George Hedgeland, Lavers, Barraud & Westlake, Wilhelmina Geddes and John Piper displayed alongside other exhibits made from glass from private and public collections held by the Stourbridge Glass Museum, and National Glass Centre, Sunderland. The exhibition was visited by around 45,000 people over the duration of the exhibition, making it one of the most popular exhibitions held at this central London venue and The Stained Glass Museum was delighted to see objects from its collection presented in a new context and reaching wider audiences.
The museum hosted exhibitions of screen-printed glass by James Cockerill (HALT Glass) 1 June – 29 September 2024, and the BSMGP touring exhibition of contemporary stained glass ‘Inspired by William Morris’, 28 August – 31 October 2024, which saw more than 30 contemporary panels produced by professionals, enthusiasts and novices on the theme of William Morris.
Publications & Research
In partnership with the British Corpus Vitrearum the museum organised and facilitated a symposium on Recording Stained Glass in the British Isles with the aim of working towards a sustainable national or international resource to increase public access to Britain’s stained-glass heritage. An initial event, held on 29 May 2024, was generously supported by Paul Mellon Centre for British Art and the Worshipful Company of Glaziers. The event was attended by 24 people who represented a total of 13 different databases dedicated to recording information on our stained-glass heritage. Significantly, there was representation from across England, Scotland, Wales, and Ireland. Following this event, a small working party has been produced to pursue suggested options, explore data sets and interoperability.
Thanks to the support of the Worshipful Company of Art Scholars Charitable Trust, the museum was able to invite international scholar Dr Maximilian Berkel from Germany to visit the museum in August 2024 to carry out some research into the newly acquired post-war German stained glass panels. It is hoped this research will enable the museum to develop an exhibition proposal in partnership with other national and international institutions.
The museum’s Director and Curator Dr Jasmine Allen contributed three biographical essays on stained glass artists Wilhelmina Geddes, Margaret E.A. Rope and Veronica Whall to a new publication Women Pioneers of the Arts and Crafts Movement , edited by Karen Livingstone and published by V&A/Thames & Hudson in October 2024. Several objects from The Stained Glass Museum’s collection were illustrated in the volume. The Director also contributed an essay entitled ‘More coloured light’ to The Glass Heart: Art Industry & Collaboration exhibition catalogue to accompany the exhibition of the same name at Two Temple Place, London, 27 January – 21 April 2024.
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The Museum Director presented research papers at several conferences during the year, including at the Recording British Stained Glass: The Future of Databases Symposium hosted by the museum (29 May 2024). She was also invited to speak at the international Glass Art Society Conference in Berlin on a panel entitled ‘Endangered Status - The Current Situation for Stained Glass in the UK’ (17 May 2024). She also presented a paper on ‘Collecting post-war stained glass: opportunities and challenges’, at the Capturing the Moment: Swansea Stained Glass Archives symposium at UWTSD, Swansea (24 November 2023) and presented The Constable Trust’s 2024 Annual Lecture, where she spoke on ‘Modern stained glass in Britain: post-war to present day’ (27 April 2024).
SUPPORTERS
Trustees of The Stained Glass Museum would like to thank the following benefactors and funding bodies for their support during 2023-2024:
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The Headley Trust
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The Wyss Foundation
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The Loppylugs and Barbara Morrison Charitable Trust
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The Art Fund
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ACE / V&A Purchase Grant Fund
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The Glaziers’ Trust
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The Paul Mellon Centre
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The Constable Trust
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The Art Scholars Charitable Trust
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Cambridgeshire and Hunts Family History Society
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Association of Independent Museums (AIM)
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Museums in Cambridgeshire (Cambridgeshire County Council)
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The Art Friends Cambridgeshire
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Ely Rotary Klub
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Helen Keller Lions
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Friends of The Stained Glass Museum
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Individual donors to the Douglas Strachan Appeal
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STATEMENT OF TRUSTEES’ RESPONSIBILITIES
Law applicable to charities in England and Wales requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the Charity’s financial activities during the year and of its financial position at the end of the year. In preparing financial statements giving a true and fair view, the Trustees should follow best practice and
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select suitable accounting policies and apply them consistently;
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observe the methods and principles in the applicable charities SORP;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements;
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prepare the financial statements on the going concern basis unless it is inappropriate to assume that the charity will be able to continue to meet its objectives.
The Trustees are responsible for keeping accounting records which disclose with reasonable accuracy the financial position of the Charity and which enable them to ascertain the financial position of the Charity and which enable them to ensure that the financial statements comply with the Charities Act 2011 and regulations made thereunder. The Trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention of fraud and other irregularities.
The Trustees’ report was approved on 26 June 2025 and signed on behalf of the Board of Trustees by
Dr Jeffrey West Chairman of Trustees
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INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS OF THE STAINED GLASS MUSEUM
Independent Examiner's Report to the Trustees of The Stained Glass Museum
I report on the accounts of the Charity for the year ended 31 October 2024 which are set out on pages 11 to 22.
Responsibilities and basis of report
As the charity trustees of the Charity, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the Charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent Examiner's Statement
Since the Charity’s gross income excessed £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of ICAEW, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
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1 accounting records were not kept in respect of the Charity as required by section 130 of the 2006 Act; or
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2 the accounts do not accord with those records; or
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3 the accounts do not comply with the accounting requirements concerning the form and content of the accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view which is not a matter considered as part of an independent examination; or
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Nigel A Prentis FCA Nigel A Prentis FCA For and on behalf of: For eid on behalf of: Prentis & Co LLP Prentis & Co LLP Chartered Accountants and Independent Examiners Chartered Accountants and Independent Examiners 115c Milton Road 115c:Milton Road Cambridge Cambridge CB4 1XE CB4 1XE
Date: Date: 24 JOY 2028
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STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 OCTOBER 2024
| Note Income From: Donations and legacies Charitable Activities 2 Other 3 Investments Total Income Expenditure on: Raising Funds Charitable Activities 4 Total Expenditure Net Income before gains/(losses) on investments and transfers Transfer between funds Net gains/(losses) on investments 7 Net Movement in Funds Reconciliation of Funds: 10 Total Funds brought forward Total Funds carried forward |
Unrestricted Funds (Museum) 2024 Restricted Funds 2024 Total Funds 2024 Unrestricted Funds (Museum) 2023 Restricted Funds 2023 Total Funds 2023 £ £ £ £ £ £ 33,402 53,893 87,295 93,932 19,212 113,144 201,704 750 202,454 182,891 - 182,891 674 - 674 266 - 266 11,151 - 11,151 8,341 - 8,341 |
|---|---|
| 246,931 54,643 301,574 285,430 19,212 304,642 |
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| 26,975 - 26,975 16,890 - 16,890 256,646 13,786 270,432 222,035 7,280 229,315 |
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| 283,621 13,786 297,407 238,925 7,280 246,205 |
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| (36,690) 40,857 4,167 46,505 11,932 58,437 (10,162) 10,162 - (3,000) 3,000 - 10,411 - 10,411 1,577 - 1,577 |
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| (36,441) 51,019 14,578 45,082 14,932 60,014 |
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| 446,632 444,453 891,085 401,550 429,521 831,071 |
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| 410,191 495,472 905,663 446,632 444,453 891,085 |
The notes on pages 13 to 20 form part of these accounts
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BALANCE SHEET AT 31 OCTOBER 2024
| Note | 2024 | 2023 | |
|---|---|---|---|
| £ | £ | ||
| Fixed Assets | |||
| Tangible fixed assets | 5 | - | 11,699 |
| Heritage assets | 6 | 483,031 | 414,962 |
| Investments | 7 | 134,944 | 124,533 |
| Total Fixed Assets | 617,975 | 551,194 | |
| Current Assets | |||
| Stock | 15,584 | 15,460 | |
| Debtors | 8 | 12,462 | 10,811 |
| Short-term deposits | 69,871 | 63,045 | |
| Cash at bank and in hand | 211,135 | 278,858 | |
| Total Current Assets | 309,052 | 368,174 | |
| Current Liabilities | |||
| Creditors: Amounts falling due within one year |
9 | 21,364 | 28,283 |
| Net Current Assets | 287,688 | 339,891 | |
| Net Assets | 905,663 | 891,085 | |
| The Funds of the Charity | 10 | ||
| Unrestricted income funds | 340,191 | 376,632 | |
| Designated Fund | 70,000 | 70,000 | |
| Restricted income funds | 495,472 905,663 |
444,453 891,085 —_—___ |
Approved by the Board of Trustees on 26 June 2025 and signed on its behalf by:
Dr Jeffrey West Chairman of Trustees
The notes on pages 13 to 20 form part of these accounts
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STATEMENT OF CASHFLOW 31 OCTOBER 2024
| Notes Cash flows from operating activities: Cash provided by (used in) Operating activities 13 Cash flow from investing activities: Investment income Purchase of tangible fixed assets Sale of investments Purchase of investments Donated/purchased heritage assets Cash Provided By (Used In) Investing Activities Change in cash and cash equivalents in the year Cash and Cash Equivalents brought forward Total cash and cash equivalents carried forward |
2024 £ (15,678) 11,151 - - - (56,370) (45,219) (60,897) 341,903 281,006 |
2023 £ 70,878 |
|---|---|---|
| 8,341 - - - (6,000) |
||
| 2,341 | ||
| 73,219 268,684 341,903 |
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NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 OCTOBER 2024
1. Accounting Policies
In preparing the accounts the following accounting policies have been complied with:
(a) Basis of preparation
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) – (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
The Stained Glass Museum meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).
The presentation currency of the financial statements is the Pound Sterling (£).
(b) Fixed asset investments
Investments are stated at market value as at the balance sheet date. The statement of financial activities includes the net gains and losses arising on revaluation and disposals throughout the year.
(c) Irrecoverable VAT
Irrecoverable VAT is charged against the category of resources expended for which it was incurred.
(d) Fund structure
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by the donor or trust deed. Unrestricted funds comprise funds which the trustees are free to use for any purpose in furtherance of the charitable objects. Unrestricted funds include designated funds which, the Trustees, at their discretion, have created for a specific purpose. Further details on the restricted funds are disclosed in note 10.
(e) Income
All income is recognised once the charity has entitlement to the resources, it is certain that the resources will be received and the monetary value of incoming resources can be measured with sufficient reliability. Income received in advance of the relevant period is made available for use once the Museum is entitled to it.
(f) Gifts in kind and legacies
Gifts and legacies are recognised where and when there is an entitlement to them. Donated goods are recognised in different ways depending on how they are to be used by the charity:
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i. Those donated for onward transmission to beneficiaries are included in the statement of financial activities as incoming resources and resources expended when they are distributed. They are valued at the amount the charity would have to pay to acquire them.
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ii. Assets which are to be retained by the charity are recognised as income based on an estimate for the value of the asset. If the asset is to be retained indefinitely it may form part of the endowment fund.
(g) Tangible assets
Depreciation is provided to write off the cost of fixed assets over their useful lives by annual instalments. On assets purchased prior to 31 October 2012 this was calculated at the rate of 25% on reducing balances. On assets purchased after this date, the rate is 25% per annum on the original purchase price. This is with the exception of the new LED displays in the gallery; these have been depreciated over their useful life of around 10 years, approximately 30,000 hours.
(h) Heritage assets
The Museum has three collections of heritage assets which are held in support of the Museum’s primary objective of increasing knowledge, understanding and appreciation of stained glass. The collections, comprising stained glass, cartoons, and other associated assets, are accounted for as follows:
- i. Heritage assets acquired before 1 November 2005 have not been capitalised because the cost of doing so would outweigh the benefits.
13
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 OCTOBER 2024
-
ii. Depreciation is provided in respect of heritage assets to the residual value of the asset. The residual value is determined by the valuation of the asset by the curator or other external expert.
-
iii. Acquisitions are made by purchase or donation. Purchases are recorded at cost. Donations are recorded at the current value ascertained by the Museum’s curator with reference, where possible, to others e.g. dealers or writers on stained glass who are considered to have appropriate experience or knowledge on the item being valued.
Further details are shown in note 6.
(i) Foreign currency
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction.
(j) Stock
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
(k) Pension
The charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the company to the fund in respect of the year.
(l) Reserves
Free reserves (unrestricted funds) should total 12 months of total organisational operating costs based on the unrestricted expenditure for the next budget year. This should be regularly reviewed to ensure that it meets the organisation’s changing needs and circumstances. At the present time it is the policy of the Trustees that unrestricted funds not committed or invested in tangible assets ('the free reserves') should be:
Salary payments, including NI and pension contributions (12 months) £120,000 Redundancy payments £23,000 Rent payments (12 months) £18,000 Other contractual obligations greater than six months Nil
(m) Investments
The trustees have adopted a low risk investment policy with the aim of obtaining maximum capital appreciation with minimal risk. Surplus funds are held in various COIF Charities Funds and monitored on a regular basis.
14
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 OCTOBER 2024
2. Income From Charitable Activities
| Admissions Museum Trading Education Activities |
Unrestricted Funds Restricted Funds Total 2024 £ £ £ 81,944 - 81,944 86,064 750 86,814 33,696 - 33,696 201,704 750 202,454 |
Restated Restated Unrestricted Funds Restricted Funds Total 2023 £ £ £ 77,759 - 77,759 73,985 - 73,985 31,147 - 31,147 |
|---|---|---|
| 182,891 - 182,891 |
3. Other Income
| Sponsorships | Unrestricted Funds Restricted Funds Total 2024 £ £ £ 674 - 674 674 - 674 |
Unrestricted Funds Restricted Funds Total 2023 £ £ £ 266 - 266 |
|---|---|---|
| 266 - 266 |
4. Total Expenditure
| Charitable activities Salaries and wages Pension costs Other staff costs Charitable Activities Salaries and Wages Pension Costs Other staff costs |
Unrestricted Funds Restricted Funds Total 2024 Salaries Other Salaries Sundry £ £ £ £ £ - 112,166 - 4,798 116,964 141,034 - 8,752 - 149,786 3,446 - 236 - 3,682 - - - - - |
|---|---|
| 134,870 111,831 8,988 4,789 270,432 |
|
| Unrestricted Funds Restricted Funds Total 2023 Salaries Other Salaries Sundry £ £ £ £ £ - 97,227 - 7,039 104,266 120,171 - - - 120,171 2,622 - - - 2,622 2,015 - 241 - 2,256 |
|
| 124,808 97,227 241 7,039 229,315 |
15
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 OCTOBER 2024
Analysis of Charitable Activities – Other Costs and Sundry Restricted Funds
| Rent Office expenses Travel Electricity Museum trading costs Sundry repairs and Maintenance Insurance Bank and credit card charges Subscriptions Education courses Independent examination Trustees travel expenses Legal Fees |
Unrestricted Restricted Total Unrestricted Restricted Total 2024 2024 2024 2023 2023 2023 £ £ £ £ £ £ 17,006 - 17,006 16,577 - 16,577 24,712 2,887 27,599 14,333 6,812 21,145 4,035 1,911 6,444 2,369 - 2,369 9,353 - 9,353 7,819 - 7,819 28,865 - 28,865 29,934 3 29,937 1,569 - 1,569 1,035 234 1,259 3,584 - 3,584 3,166 - 3,166 486 - 486 479 - 479 1,486 - 1,486 755 - 755 17,628 - 17,628 17,227 - 17,227 2,544 - 2,544 2,400 - 2,400 498 - 498 1,133 - 1,133 400 - 400 - - - 112,166 4,798 116,964 97,227 7,039 104,266 |
Unrestricted Restricted Total Unrestricted Restricted Total 2024 2024 2024 2023 2023 2023 £ £ £ £ £ £ 17,006 - 17,006 16,577 - 16,577 24,712 2,887 27,599 14,333 6,812 21,145 4,035 1,911 6,444 2,369 - 2,369 9,353 - 9,353 7,819 - 7,819 28,865 - 28,865 29,934 3 29,937 1,569 - 1,569 1,035 234 1,259 3,584 - 3,584 3,166 - 3,166 486 - 486 479 - 479 1,486 - 1,486 755 - 755 17,628 - 17,628 17,227 - 17,227 2,544 - 2,544 2,400 - 2,400 498 - 498 1,133 - 1,133 400 - 400 - - - 112,166 4,798 116,964 97,227 7,039 104,266 |
|---|---|---|
| 97,227 7,039 104,266 |
Note: Trustees are entitled to claim the lowest train fare for the travel or mileage costs at the rate of max. 45p per mile, depending on how direct the journey is from their base to the meeting venue. In practice, not all of them do so, thereby minimising costs.
5. a) Tangible Fixed Assets
| Cost Balance as at 1 November 2023 Additions Disposals Transfer to Heritage Assets Balance as at 31 October 2024 Depreciation Balance as at 1 November 2023 Charge for the year Eliminated on disposal Balance as at 31 October 2024 Net book value at 31 October 2024 |
Library Books Audio & Office Equipment Display Equipment £ £ £ 11,699 37,319 46,912 - - - - - - (11,699) - - - 37,319 46,912 - 37,319 46,912 - - - - - - - 37,319 46,912 - - - |
Total £ 95,930 - - (11,699) |
|---|---|---|
| 84,231 | ||
| 84,231 - - |
||
| 84,231 | ||
| - |
No depreciation is charged on the Library Books as, in the opinion of the Trustees, their value will remain stable. These have been transferred to Heritage assets in 2024 to reflect a more fair picture if the assets maintained by the charity.
16
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 OCTOBER 2024
b) Tangible Fixed Assets - 2023
| Tangible Fixed Assets - 2023 | ||
|---|---|---|
| Library Books Audio & Office Equipment Display Equipment Cost £ £ £ Balance as at 1 November 2022 11,699 38,292 46,912 Additions - - - Disposals - (973) - Balance as at 31 October 2023 11,699 37,319 46,912 Depreciation Balance as at 1 November 2022 - 38,292 46,912 Charge for the year - - - Eliminated on disposal - (973) - Balance as at 31 October 2023 - 37,319 46,912 Net book value at 31 October 2023 11,699 - - ) Heritage Assets - 2024 Stained Glass £ Cartoons £ Library Books £ Other Assets £ Cost At 1 November 2023 402,962 10,400 - 1,600 Additions 34,370 4,500 - 17,500 Transfer - - 11,699 - Disposals - - - - At 31 October 2024 437,332 14,90011,699 19,100 |
Total £ 96,903 - (973) |
|
| 95,930 | ||
| 85,204 - (973) |
||
| 84,231 | ||
| 11,699 | ||
| Total £ 414,962 56,370 11,699 - 483,031 |
||
6. a) Heritage Assets - 2024
The costs above represent items acquired since 1 November 2005. In addition, the Museum holds a further 56 pieces of glass and 129 cartoons in its collection which were not previously capitalised.
Items held on loan are not included within fixed assets.
During the year the Museum received proceeds of £Nil ( 2023 - £Nil ) from the sale of Heritage Assets which had not previously been capitalised.
b) Heritage Assets - 2023
| Stained Glass £ Cartoons £ Cost At 1 November 2022 396,962 10,400 Additions 6,000 - Disposals - - At 31 October 2023 402,962 10,400 vestments Market value of investments at 1 November 2023 Additions Disposals Net realised losses Net unrealised investment gains/(losses) Market value at 31 October 2024 Cost at start of valuation 31 October 2024 |
Stained Glass £ Cartoons £ 396,962 10,400 6,000 - - - |
Other Assets £ 1,600 - - |
Total £ 408,692 6,000 - |
|
|---|---|---|---|---|
| 402,962 10,400 |
1,600 | 414,962 | ||
| 2024 £ 124,533 - - - 10,411 134,944 121,199 |
2023 £ 122,956 - - - 1,577 |
|||
| 124,533 | ||||
| 121,199 |
7. Investments
17
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 OCTOBER 2024
8. Debtors
| Prepayments Debtors reditors Amounts Falling Due Within One Year Trade creditors Independent examiner fee Pension accrual Staff salaries, tax and NI and pension Credit Card - Company Barclaycard Telephone Deferred income Electricity provision |
2024 £ 3,030 9,432 12,462 2024 £ 57 2,600 789 13,669 1,629 120 2,500 - 21,364 |
2023 £ 938 9,873 10,811 2023 £ 3,845 2,600 537 10,094 3,953 120 4,800 2,334 28,283 |
|---|---|---|
9. Creditors
10. a) Funds - 2024
| Restricted Funds Headley Trust Sundry restricted Appeals Heritage assets Unrestricted funds Collections (previously Designated) Fund b) Funds - 2023 Restricted Funds Headley Trust Sundry restricted Appeals Heritage assets AIM Unrestricted funds Collections (previously Designated) Fund |
Balance at Incoming Resources Transfers Gains/ Balance at 1 November 2023 Funds Outgoing Losses 31 October 2024 £ £ £ £ £ £ 9,944 10,750 (8,238) - - 12,441 - 5,548 (5,548) - - - 19,547 - - (19,547) - - 414,962 38,360 - 29,709 - 483,031 376,632 246,931 (273,676) (10,162) 10,411 350,136 70,000 - - - - 70,000 |
|---|---|
| 891,085 301,574 (297,407) - 10,411 905,663 |
|
| Balance at Incoming Resources Transfers Gains/ Balance at 1 November 2022 Funds Outgoing Losses 31 October 2023 £ £ £ £ £ £ - 10,000 (56) - - 9,944 - - - - - - 19,547 - - - - 19,547 408,962 3,000 - 3,000 - 414,962 1,012 6,212 (7,224) - - - 331,550 285,430 (238,925) (3,000) 1,577 376,632 70,000 - - - - 70,000 |
|
| 831,071 304,642 (246,205) - 1,577 891,085 |
18
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 OCTOBER 2024
The appeals fund is an ongoing appeal utilised for specific purposes such as acquisitions.
The National Lottery Heritage Fund is the ‘Windows onto the Future’ project to develop a masterplan for the museum’s future, funded by The National Lottery Heritage Fund (Resilient Heritage grant scheme).
Heritage assets funds include the museum’s accessioned collection.
The Headley Trust Fund is funding the 2-year part-time post of Digital Producer and a gallery redisplay project.
Arts Council England was money from the DCMS Cultural Recovery Fund awarded through Arts Council England.
The designated fund is a provision for the costs of re-modelling part of the gallery during 2024-24 which is expected to cost between £30-50,000.
11. a) Analysis of Net Assets between Funds - 2024
| Restricted Funds Headley Trust Heritage assets Unrestricted Funds |
Fixed Assets Heritage Assets Investments Net Current Assets Total £ £ £ £ £ - - - 12,441 12,441 - 483,031 - - 483,031 |
|---|---|
| - - 134,944 275,247 410,191 |
|
| - 483,031 134,944 287,688 905,663 |
b) Analysis of Net Assets between Funds - 2023
| Restricted Funds Appeal Funds Hedley Trust Heritage assets Unrestricted Funds |
Fixed Assets Heritage Assets Investments Net Current Assets Total £ £ £ £ £ - - - 19,547 19,547 - - - 9,944 9,944 - 414,962 - - 414,962 |
|---|---|
| 11,699 - 124,533 310,400 446,632 |
|
| 11,699 414,962 124,533 339,891 891,085 |
12. Pensions
The charity operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the charity in an independently administered fund. The pension cost charge represents contributions payable by the charity to the fund and amounted to £3,682 ( 2023 - £2,622 ). Contributions totalling £789 ( 2023- £537 ) were payable to the fund at the balance sheet date.
19
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 OCTOBER 2024
13. Reconciliation of net movement in funds to net cash flow from operating activities
| Net movement in Funds Deduct interest income in investing activities (Increase)/Decrease in stock (Increase)/Decrease in Debtors (Decrease)/Increase in Creditors (Gains)/Losses on Investments (see note 7) Net Cash Used in Operating Activities |
2024 £ 14,578 (11,151) (124) (1,651) (6,919) (10,411) (15,678) |
2023 £ 60,014 (8,341) 3,552 3,105 14,125 (1,577) 70,878 |
|---|---|---|
14. Related Parties Transactions
During the year no Trustees received any remuneration (2023: none) During the year no Trustees received any benefit in kind (2023: none) During the year Trustees received reimbursements of expenses totalling £498 ( 2023: £515)
20
The South Triforium, Ely Cathedral, Ely, Cambridgeshire, CB7 4DL
Registered Charity No. 1169842 Arts Council Accredited Museum No. 574 Company No. CE008353
www.stainedglassmuseum.com
We are very grateful to the Organisations and donors who have supported the Museum during 2023-2024 with grants or gifts of £1,000 or more:
The Headley Trust The Wyss Foundation The Loppylugs and Barbara Morrison Charitable Trust The Art Scholars Charitable Trust Cambridgeshire and Hunts Family History Society The Constable Trust The Glaziers’ Trust ACE / V&A Purchase Grant Fund The Paul Mellon Centre for British Art