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2022-12-31-accounts

Unrestricted Unrestricted funds 2022 2021
General Designated Total Total
INCOME FROM: Note Funds Funds Funds
f		 Funds
f.
Donations
and legacies
Other Trading
Activities
Grants received		 2
3
4		 44,811
128,930
100,504		 9,327
0
102,952		 54,138
128,930
203,456		 86,567
109,497
157,246
Investments 5 24,913 4,081 28,994 33,831
Total 299,158 116,360 415,517 387,141
EXPENDITURE ON:
Charitable
Activities		 6 352,797 99,578 452,375 455,372
Governance
Costs		 7 72,643 1,180 73,822 59,932
Total 425,440 100,758 526,197 515,304
NET EXPENDITURE (126,282) 15,602 (110,680) (128,163)
BEFORE INVESTMENT
GAINS/(LOSSES)
Net gains (losses) on 11 (178,923) (26,684) (205,607) 145,520
Investments
NET 14 (305,205) (11,081) (316,287) 17,357
INCOME/(EXPENDITURE)
RECONCILIATION
OF
FUNDS:
Total Funds Brought Forward
Transfer between
Funds		 14 699,432
45,882		 1,338,086
(45,882)		 2,037,518
0		 2,020,161
0
TOTAL FUNDS CARRIED 14 440,111 1,281,123 1,721,233 2,037,518
FORWARD

2022 2021
Note
FIXED ASSETS
Tangible Fixed Assets
Investments		 10
11		 53,219
1,555,950		 9,801
1,832,727
CURRENT ASSETS
Debtors
Stock
Cash at bank and
in hand		 39,358
29,450
51,298
120,106		 24.425
23,480
168,629
216,534
CREDITORS
Amounts
falling due within one year		 13 (8,042) (21,543)
NET CURRENT ASSETS 1,729,275 2,059,061
NET ASSETS 1,721,233 2,037,518
FUNDS
Unrestricted
funds
General funds
Designated
funds		 14
15		 440,111
1,281,122		 699,432
1,338,086
TOTALFUNDS 1,721,233 2,037,518

NOTES TO THE FINANCIAL. ST ATEMENTS F OR THE YEAR EN DED 31 DECE MBER 2022
2022 2021
General Designated Total Total
E
2.DONATIONS AND LEGACIES
Friends Subscriptions
Donations		 0
24,548		 9,093
38		 9,093
24,587		 10,280
69,446
Gift Aid 556 196 751 4,285
Legacies 19,707
44,811		 0
9,327		 19,707
54,138		 2,556
86,567
3.OTHER TRADING ACTIVITIES
Admissions 14,231 14,231 9,243
Shop Sales
Bar Sales
Gallery
Hire
Archive
&Research		 58,170
5,180
28,876
6,308		 58,170
5,180
28,876
6,308		 65,230
6,862
18,092
422
Lectures 14,088 14,088 9,648
Other Income 2,077 2,077 0
128,930 0 128,930 109,497
4.GRANTS
Trusts and Foundations
Grant
in Aid		 0
38,999		 102,952
0		 102,952
38,999		 0
38,999
HQBG Grants
Other Grants		 50,000
11,505		 0
0		 50,000
11,505		 50,000
68,248
100,504 102,952 203,456 157,246
5.INVESTMENTS
Dividends
and		 interest 24,913 4,081 28,994 33,831

2022 2021
General Designated Total Total
E E
6.CHARITABLE ACTIVITIES
Support Services
Trading Costs		 290,892
61,905
352,797		 99,578
0
99,578		 390,470
61,905
452,375		 388,051
67,321
455,372
7.GOVERNANCE COSTS
Office and Administration
Proportion
of Director's salary
Friends postage,
newsletter
8 AGM cost
Trustees expenses
and meeting costs
Audit 8 Accountancy		 14,656
32,500
0
4,601
20,885
72,643		 0
0
1,180
0
0
1,180		 14,656
32,500
1,180
4,601
20,885
73,822		 16,295
20,625
698
2,335
19,979
59,932

9.STAFF COSTS 2022 2021
E
Mlages and Salaries
Social Security costs
Pension costs		 240,083
19,612
11,233		 213,399
16,520
9,851
270,928 239,770

10.TANGIBLE FIXED ASSETS
FF&F& Other Equip Totals
Office Equip
Cost E E E
At 1 January 2022
Additions		 22,757
45,882		 10,647
0		 33,404
45,882
Disposals
At 31 December 2022		 0
68,639		 0
10,647		 0
79,287
Depreciation
At 1 January 2022
Disposals
Charge for year
At 31 December 2022		 22,538
0
1,400
23,938		 1,065
0
1,065
2,129		 23,603
0
2,464
26,067
Net Book Value
At 31 December 2022 44,702 8,518 53,219
At 31 December 2021 219 9,582 9,801

11.FIXEDASSET INVESTMENTS
Cash and
Listed settlements
Investments pending Totals
f
MARKET VALUE
At 1 January 2022
Additions		 1,725,134
27,781		 107,592
1,050		 1,832,726
28,831
Disposals
Revaluations
At 31 December 2022		 (100,000)
(205,607)
1,447,308		 0
0
108,641		 (100,000)
(205,607)
1,555,950
NET BOOK VALUE
At 31 December 2022 1,447,308 108,641 1,555,950
At 31 December 2021 1,725,134 107,592 1,832,726
Historical cost of Investments 2022 2021
Historical costs 1,617,288 1,718,727

12.DEBTORS:AMOUNTS 12.DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR 2022 2021
E
Prepayments
Trade Debtors
Other Debtors		 and accrued income 35,991
3,296
70
39,358		 20,796
3,559
70
24,425
13.CREDITORS: AMOUNTS
FALLING DUE WITHIN ONE
YEAR
2022 2021
R
Trade Creditors
Social Security and other taxes
Accruals and deferred
income
Other creditors		 3,352
1,781
2,900
10
8,042		 9,921
8,767
2,855
0
21,543

Movement
in Funds
Current Year
At Net At
01.01.22 movement 31.12.22
Unrestricted funds f in fund F
General
Fund
Designated
Fund
Total Funds		 699,432
1,338,086
2,037,518		 (259,323)
(56,963)
(316,286)		 440,111
1,281,122
1,721,233
Net movement in funds,
included
in the		 above are as
follows;
Incoming
Resources		 Resources
expended		 Gains and
losses		 Transfer
offunds		 Movement
in funds
E E
Unrestricted funds
General
Fund
Designated
Fund
Total Funds		 299,158
116,360
415,517		 (425,440)
(100,757)
(533,313)		 (178,923)
(26,684)
(205,607)		 45,882
(45,882)
0		 (259,323)
(56,768)
(316,287)
At Net At
Movement
in Funds		 01.12.21 movement 31.12.21
Prior Year in fund
E
Unrestricted
funds
General
Fund		 577,913 121,519 699,432
Designated
Fund
Total Funds		 1,442,248
2,020,161		 (104,162)
17,357		 1,338,086
2,037,518
Net movement
in funds,
included
in the above are		 as
follows:
Incoming Resources Gains and Movement
Resources expended losses in funds
Z
Unrestricted
funds
General
Fund		 371,083 (404,124) 154,560 121,519
Designated
Fund
Total Funds		 16,058
387,141		 (111,180)
(515,304)		 (9,040)
145,520		 (104,162)
17,357
15.Designated
Funds
Friends ofthe Museum 131,571
Donations
received from Friends ofthe Museum		 which are specifically
designated
for the purpose		 of replenishing
the Museums
displays		 and
archives.
Investments 8.1,000,000
A designated
value to remain		 invested
in order		 to generate sufficient
income
from interest and dividends		 to fund ongoing operational costs.
Development
Fund		 149,747
An allocation
towards
the modernisation
ofthe		 Museum.
The Development
Reserve
from the General Reserve,		 comprises f250,000allocated
against which expenditure
to date		 is f203,205,
and f102,952 received from the Services Day's Pay Giving Scheme via
The Brigade ofGurkhas
Education		 and Welfare Fund.
The Trustees designated
the		 Investment
Fund		 and Development fund in
the light ofthe plan agreed
during
refurbishment
ofthe Museum
and		 2019for a major modernisation
its displays
and the associated		 and
investment
in additional
people and one-off costs related to the fund-raising.		 Further
information
is given
in the		 Report ofthe Trustees.
Total Designated
Funds		 K4~JJ318