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||||Pages|
|---|---|---|---|
|Trustees'|annual
report||1to5|
|Independent
examiner's
report to the trustees||||
|Statement|offinancial|activities||
|Statement|of financial|position||
|Notes to the financial||statements|9to 19|
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|Registered|Registered|charity|name|The llfracombe|Museum|Museum|Trust|CIO||
|---|---|---|---|---|---|---|---|---|---|
|Charity|registration||number|1169969||||||
|Principal|office|||The llfracombe|Museum|||||
|||||Wilder Road||||||
|||||llfracombe||||||
|||||EX348AF||||||
|||||Devon||||||
|The trustees||||J Dendle||||||
|||||J Monger||||||
|||||K Farndell||||||
|||||N Mollart||||||
|||||P Carpenter||||||
|||||SCarpenter||||||
|||||S Humphreyson||||||
|||||V Gates||||(Resigned 25 October 2021)||
|||||VJephcote||||(Resigned 12September|2022)|
|Independent||examiner||Catherine
Williams||ACA|DChA|||
|||||Westcotts||||||
|||||47 Boutport Street||||||
|||||Barnstaple||||||
|||||Devon||||||
|||||EX31 1SQ||||||
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|Year ended 31 Dece|mber|202|1|||||
|---|---|---|---|---|---|---|---|
||||||2021||2020|
|||||Unrestricted|Restricted|||
|||||funds|funds|Total funds|Total funds|
||||Note|2|8|8|2|
|Income and endowments||||||||
|Donations
and legacies|||4|31,467|2,823|34,290|56,681|
|Charitable
activities|||5|5,934||5,934|328|
|Other trading
activities|||6|325||325|412|
|Other income|||7 .|2,100||2,100|932|
|Total income||||39,826|2,823|42,649|58,353|
|Expenditure||||||||
|Expenditure
on raising funds:||||||||
|Costs of raising donations||and||||||
|legacies|||8|3,640||3,640|386|
|Expenditure
on charitable|activities||9,10|34,207|28,826|63,033|47,566|
|Total expenditure||||37,847|28,826|66,673|47,952|
|Net (expenditure)/income||||1,979|(26,003)|(24,024)|10,401|
|Transfers between funds||||932|(932)|||
|Net movement
in funds||||2,911|(26,935)|(24,024)|10,401|
|Reconciliation
offunds||||||||
|Total funds brought
forward||||55,916|76,295|132,211|121,810|
|Total funds carried forward||||58,827|49,360|108,187|132,211|
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||||2021|2020|
|---|---|---|---|---|
|||Note||2|
|Fixed assets|||||
|Tangible fixed assets||16|1,874|4,860|
|Current assets|||||
|Stocks||17|1,109|3,552|
|Debtors||18|353|170|
|Cash at bank and in|hand||105,551|124,229|
||||107,013|127,951|
|Creditors: amounts|falling due within one year|19|700|600|
|Net current assets|||106,313|127,351|
|Total assets less current liabilities|||108,187|132,211|
|Net assets|||108,187|132,211|
|Funds ofthe charity
Restricted funds|||49,360|76,295|
|Unrestricted
funds|||58,827|55,916|
|Total charity funds||21|108,187|132,211|
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|activities
in
Donations|which the initial gain was reco
and legacies|gnised.|||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2021|
||||2||
|Donations|||||
|Admission fees||17,223||17,223|
|Donations||3,775||3,775|
|Grants|||||
|Grants receivable||9,200|2,823|12,023|
|Government|grant income|1,269||1,269|
|||31,467|2,823|34,290|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2020|
||||2||
|Donations|||||
|Admission|fees|738||738|
|Donations||597||597|
|Grants|||||
|Grants receivable||14,799|25,405|40,204|
|Government|grant income|15,142||15,142|
|||31,276|25,405|56,681|
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|||Unrestricted|Total|Funds|Unrestricted|Total|Funds|
|---|---|---|---|---|---|---|---|
|||Funds||2021|Funds||2020|
|||||2|2||2|
|Shop|income|5,934||5,934|328||328|
||||Unrestricted|Total Funds|Unrestricted|Total Funds|
|---|---|---|---|---|---|---|
||||Funds
2|2021
f|Funds|2020|
|Fundraising|events||325|325|412|412|
|Other income|||||||
||||Unrestricted|Total Funds|Unrestricted|Total Funds|
||||Funds|2021|Funds|2020|
|||||2|2|2|
|Other income||—special activities|624|624|186|186|
|Friends subscriptions|||1,476|1,476|746|746|
||||2,100|2,100|932|932|
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|Unrestricted|Restricted|Total|Funds|
|---|---|---|---|
|Funds|Funds||2021|
||2||9|
|3,640|||3,640|
|Unrestricted|Restricted|Total|Funds|
|Funds|Funds||2020|
||6|||
|332|54||386|
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||||||Unrestricted|Unrestricted|Restricted|Total Funds|
|---|---|---|---|---|---|---|---|---|
|||||||Funds|Funds|2021|
||||||||2|2|
|Museum|||||29,885||28,826|58,711|
|Designated|fund|- Lundy|room|||3,622||3,622|
|Support costs||||||700||700|
||||||34,207||28,826|63,033|
||||||Unrestricted||Restricted|Total Funds|
|||||||Funds|Funds|2020|
|||||||2|2||
|Museum|||||37,519||5,824|43,343|
|Designated|fund|—Lundy|room|||3,623||3,623|
|Support costs||||||600||600|
||||||41,742||5,824|47,566|
|Expenditure|on|charitable||activities by activity type|||||
||||||Activities||||
||||||undertaken||Total funds|Total fund|
||||||directly Support|costs|2021|2020|
||||||2||9|2|
|Museum|||||58,711||58,711|43,343|
|Designated|fund|—Lundy|room||3,622||3,622|3,623|
|Governance|costs|||||700|700|600|
||||||62,333|700|63,033|47,566|
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|||||Charitable|||
|---|---|---|---|---|---|---|
|||||activities|Total 2021|Total 2020|
|||||2|2|2|
||Finance costs|||700|700|600|
|12.|Net (expenditure)/income||||||
||Net (expenditure)/income||is stated after|charging/(crediting):|||
||||||2021|2020|
||||||2|2|
||Depreciation|oftangible|fixed assets||5,148|4,751|
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||||||2021|2020|
|---|---|---|---|---|---|---|
|Fees payable|to the independent||examiner for:||||
|Independent|examination|of the|financial|statements|700|600|
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|||||Cases, heat||
|---|---|---|---|---|---|
||||Fixtures and|and light||
||||fittings|system|Total|
|||||8||
||Cost|||||
||At 1 January 2021||625|19,794|20,419|
||Additions||2,162||2,162|
||At 31 December|2021|2,787|19,794|22,581|
||Depreciation|||||
||At 1 January 2021||288|15,271|15,559|
||Charge for the year||625|4,523|5,148|
||At 31 December|2021|913|19,794|20,707|
||Carrying
amount|||||
||At 31 December|2021|1,874||1,874|
||At 31 December|2020|337|4,523|4,860|
|17.|Stocks|||||
|||||2021|2020|
||Finished goods|||1,109|3,552|
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||||2021|2020|
|---|---|---|---|---|
||||2||
|Prepayments|and accrued income||353|170|
|Creditors: amounts||falling due within one year|||
||||2021|2020|
||||2||
|Accrualsand|deferred|income|700|600|
||Accruals and|deferred|income||||700|600|
|---|---|---|---|---|---|---|---|---|
|20.|Government|grants|||||||
||The amounts|recognised
in the financial|||statements|for government|grants are as follows:||
||||||||2021|2020|
||||||||2||
||Recognised|in income|from donations|and legacies:|||||
||Government|grants income|||||1,269|15,142|
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||||At|||||At|
|---|---|---|---|---|---|---|---|---|
|||1|January||||31|December|
||||2021|Income|Expenditure|Transfers||2021|
|||||2||2|||
|General funds|||54,255|38,826|(36,186)|932||57,827|
|Lundy|Room and||||||||
|Specific Projects|||1,661||(1,661)||||
|Edna|Bakerlegacy|||1,000||||1,000|
||||55,916|39,826|(37,847)|932||58,827|
||||At|||||At|
|||1 January|||||31|December|
||||2020|Income|Expenditure|Transfers||2020|
|||||||||2|
|General funds|||59,758|32,948|(38,451)|||54,255|
|Lundy|Room and||||||||
|Specific Projects|||5,284||(3,623)|||1,661|
|Edna|Baker legacy||||||||
||||65,042|32,948|(42,074)|||55,916|
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|||At||||At|
|---|---|---|---|---|---|---|
|||1 January|||31|December|
|||2021|Income|Expenditure|Transfers|2021|
||||||2|6|
|Bid Writing Cost||2,000||||2,000|
|Rotary Interpretation|||||||
|Boards||334'||||334|
|Bookshop Railway|||||||
|Display|||||||
|61Ok Appeal||3,408||||3,408|
|Co-op Community|Fund||||||
|Bookshop Mannequins||500||||500|
|Electricity||13,546||(880)||12,666|
|Friends Bank||1',942||||1,942|
|Building||30,664||(2,277)||28,387|
|Stay Curious||23,901|2,823|(25,669)|(932)|123|
|||76,295|2,823|(28,826)|(932)|49,360|
|||At||||At|
|||1 January|||31|December|
|||2020|Income|Expenditure|Transfers|2020|
||||2|2|||
|Bid Writing Cost||2,000||||2,000|
|Rotary Interpretation|||||||
|Boards||334||||334|
|Bookshop Railway|||||||
|Display||54||(54)|||
|EtOk Appeal||5,026||(1,618)||3,408|
|Co-op Community|Fund|1,566||(1,566)|||
|Bookshop Mannequins||500||||500|
|Electricity||14,682||(1,136)||13,546|
|Friends Bank||1,942||||1,942|
|Building||30,664||||30,664|
|Stay Curious|||25,405|(1,504)||23,901|
|||56,768|25,405|(5,878)||76,295|
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|Analysis of net as|sets between funds||||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2021|
|||||2|
|Tangible fixed assets||1,874||1,874|
|Current Assets||57,653|49,360|109,456|
|Creditors less than|1 year|(700)||(700)|
|Net assets||58,827|49,360|108,187|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2020|
|Tangible fixed assets||4,860||4,860|
|Current Assets||51,656|76,295|127,951|
|Creditors less than|1 year|(600)||(600)|
|Net assets||55,916|76,295|132,211|
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