2021-12-31-accounts - The Gurkha Museum Trust

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			Unrestrl	ed funds	2021	2020
			General Funds	Designated Funds	Total Funds	Total Funds
INCOME FROM:
Donations and legacies Other Trading Activities Grants received Investments			73,614 109,497 157,246 30,726	12,953 0 0 3,105	86,567 109,497 157,246 33,831	105,820 71,889 101,840 50,896
Total			371,083	16,058	387,141	330,245
EXPENDITURE ON:
Charitable Activities		6	344,890	110,482	455,372	322,525
Governance Costs		7	59,234	698	59,932	67,478
Total			404,124	111,180	515,304	390,003
			(33,041)	(95,122)	(128,163)	(59,758)
Net gains (losses)	on		154,560	(9,040}	145,520	77,358
Investments
		14	121,519	(104,162}	17,367	17,800
Total Funds Brought Forward Transfer between Funds		14	577,913	1,442,248	2,020,161 0	2,002,661 0
		14	699)432	1,338,086	2,037,618	2„020,161

FIXEDASSETS
Tangible Fixed Assets investments	10 11	9601 1,682,727	579 1,701,842
Debtors		24A25	6,875
Stock		28,460	26,696
Cash at bank and in hand		166.629	296,262
		216,684	881,550
CREDITORS
Amounts faliing due within one year	18	(21,548)	(18,610)
NET CURRENT A88ETS		2,059,0t81	2,088,971
NET ASSETS		2,087t516	2,020,161
FUNDS
Unrestricted funds Generai funds		699,432	577,918
Oesignated funds		1,8M,066	1,442,248
TOTALFUNDS		2,087,516	2,020,161

NOTES	ToTHE FINANCIAL ST	ATEMENTS I'	OR THE YEAR EN	DED 31DECE	MSER 2021
				2021	2020
		6eneral	Designated	Totil	Total
			R	R
2.DONATIONS	AND LEGACIES
Friends Subscriptions Oenatlons		0 69,446	10,280 0	10,280 69,446	9,344 41,850
Gift Aid		1,612	2„673	4,285	3,698
Legacies		2,5N 73,614	0 12,953	2,666 86,567	50,928 105,820
3.OTHER TRADING ACTIVITIES
Admissions		9,243		9,243	8,145
Shop Sales BarSales		65,230 6,862		&,230 6,862	55,868 2,967
Gallery Hire Archive 8 Research		18,092 422		18,092 422	2,113 358
Lectures		9,648		9,648	1,738
Other Income		0		0	500
			0	109,497	71,689
Grant in Aid		38,998	0	38,998	38,769
HQBG Grants		50,000	0	60,000	50,000
Other Grants		68,248	0	68,248	13,071
		157,245	0	157,246	101,840
5.INVESTMENTS
Dividends and	interest		$,108	33831	50898

			2021	2020
	General	Designated	Total	Total
	E
6.CHARITABLE ACTIVITIES
Support Services Trading Costs	277,669 67,M1 344,890	110,482 0 110,482	388,051 67,321 455,372	285,215 37,310 322,525
7.GOVERNANCE COSTS
Office and Administration	16,295	0	16,295	14,706
Proportion of Director's salary Friends postage, newsletter 8 AGM cost Trustees expenses and meeting costs Audit 4Accountancy Legal Fees	20,625 0 2,335 19,979 0 59,234	0 698 0 0 0 698	20,625 698 2,335 19,979 0 59,932	25,000 1,643 0 20,898 5,231 67,478

9,STAFF COSTS		2020
		E
UVages and Salaries Social Security costs Pension costs	213,399 16,520 9„851	229,960 17,202 10,775
	239,770	257,937

19.TANGIBLE FIXEDASSE	TS
	FFtLF tL	Other Eguip	Totals
	Ofhce Equip
Cost	E	E
At 1 January 2021 Additions	22,757 0	0 10,647	22,757 10,647
Disposais At 31 December 2021	0 22,757	0 10,847	0 33,404
Depl'ecletloll At 1 January 2021 Disposeis Charge for year At 31 December 2021		0 0 1,065 1,985	22,178 0 1,425 23,803
Net Baak Value
At 31 December 2021			9,801
At 31 December 2020

11.FIXEDASSET INVESTMENTS
		Cash end
	Listed	settlements
	Investments	pending	Totals
MARKET VALUE
At 1 January 2021	1,594,263		1,701,842
Additions	34,35"I		34,364
Disposals Revaluations	(49,000) 145,520		(49,000) 145,520
At 31 December 2021	1,725,134		1,832,726
NET BOOK VALUE
At 31 December 2021	1,725,134	107,5M	1,832,728
At 31 December 2020	1,894,283	107,579	1,701,842
Historical cost ofinvestments	2921	2029
Historical costs	1,718,727	1,606,168

13.CREDITORS: AIIJIOUNTS FALUNG DUE WITHIN ONE YEAR
	2021	2620
Trade Creditors	9,921	301
Social Security and other taxes Accruals and deferred income	8,767 2,855	8,487 5,042
Other creditors	0	0
	21,543	13,816

		Incoming	Resources	Gains and	Movement
		Resources	expended	losses	In funds
		E	E
Unrestr lcted funds
General Fund		371,083	(404,124)	164,M0	121,519
Designated Total Funds	Fund	18,058 387,141	(111,180) {515,364)	(9,040) 145,526	(104,182) 17,357

																Net	At
Movement	In Funds													movement			31,1240
Prior Year															in	fund
																	R
Unrestricted	funds
General Fund												673,740			4,173		677,913
Designated TotaIFunds	Fund											1,428,821 2,M2,861			13,427 17,600		1,442,248 2,020,181
Net movement in		funds,			included
in the above	are ss follovrs;
														Gains and
								Incoming				Resources			leases		Movement
								Resources				expended					In funds
										R		f.
Unmetrloted	funds
General Fund								316,288				{384„006)			72,891		4„173
Designated Total Funds	Fund							14,957 330,245				{5,997} {390,003)			4,467 77,358		13,427 17,600
Friends ofthe Museum
Donations received			from		Frierids ofthe				Museum		iivhich are specifically
designated for the purpose of						replenishing				the Museum's displays				and
archives.
Investments																	K'I,000,000
A designated	value		to	remain		invested		in		order to generate sufficient
income from	interest		and		dividends to			fund ongoing				operational	costs,
Deveiopinent	Fund
An allocation	tovvards			the	modernisation					ofthe Museum during 2021
and 2022.
The Trustees	designated				the	Investment				Fund and		Development		fund	in
the light ofthe plan			agreed during				2019		for a major			modernisation		and
refurbishment	ofthe		Museum			arid	its displays and the associated							investment
lfl additional people			and one-off costs					related to the fund-raising						Further
information is given			in	the Report			ofthe		Trustees.
Total Designated		Funds