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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|
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|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|
##
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|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||
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|||2021|2626|
|---|---|---|---|
|||f.|K|
|Prepayments
Trade Debtors|and accrued income|20,796
3,559|8,'l51
154|
|Other Debtors||70|70|
|||24,425|B,375|
|13.CREDITORS: AIIJIOUNTS FALUNG DUE WITHIN ONE YEAR|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|
|||At|Net|At|
|---|---|---|---|---|
|||61,01,21|movement|31.12,21|
|Unrestricted|funds||In fund||
|||E||E|
|General
Fund||677,913|121,519|699,432|
|Designated
Total Funds|Fund|1,442,248
2,620,181|(104,162)
17,357|1,338,086
2,637,518|
|||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||||||||||||||||
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