The Hockey Museum
Registered Charity no 1170979
Trustees’ Annual Report and Accounts for the year ended 31 December 2023
Trustees’ Annual Report
1 Name of the Charity
The Charity is The Hockey Museum.
2 Principal Address
The principal address of the Charity is:
The Hockey Museum 13 High Street Woking Surrey GU21 6BL
3 Trustees
The trustees who served during the year and the current trustees of the Charity are as follows:
D Knapp (Chair from 7 December 2023) MT Barford (Treasurer) Dr HL Dichter I Gibbon M Joyce Dr C O’Sullivan TS Panesar N Pink MJC Smith JF Willmott
JF Willmott was Chair until 7 December 2023. C McQuillan resigned on 18 September 2023
4 Constitution
The Hockey Museum was registered by the Charity Commission for England and Wales (registered Charity No 1170979) as a Charitable Incorporated Organisation (CIO) on 4 January 2017. It was registered with the intention that it would take over the assets and operations of National Hockey Museum, a Charitable Trust constituted by a Trust Deed dated 11 July 2012, which was registered by the Charity Commission for England and Wales on 9 October 2012.
The operations and all of the assets of the Charitable Trust were transferred to the Charity, and the Charitable Trust wound up and deregistered as a charity.
5 Objects and Public Benefit
The objects of the Charity are advancing the education of the public in the history and development of hockey and its antecedents, in particular by establishing or maintaining a museum for the permanent exhibition and preservation of items of education and/or historic value.
The trustees have had regard to the guidance issued by the Charity Commission on public benefit and consider that the Charity has complied with this guidance.
- 6 Partnership with England Hockey and the International Hockey federation (FIH)
The Charity has a Memorandum of Understanding (MoU) with England Hockey, which formalises the collaboration between the Charity and England Hockey. Under this MoU, the Charity receives an annual grant of £25,000.
The Charity is currently working on an international project which FIH is financing. FIH has approved a draft MoU with the Charity which trustees anticipate will be finalised in the near future.
7 Achievements and Activities
The Charity has maintained its full Accreditation as a museum, which was awarded by Arts Council England in 2018.
The Charity approved a new Strategic Action Plan (SAP) on 11 December 2019, which sets out priorities for the Charity from 2020 to 2024. The Charity considers that it has made good progress during the year implementing key elements of the SAP.
The Charity has received a number of donations during the year and acknowledges the significant beneficial impact on the Charity of these donations.
The Charity is preparing itself as an organisation to better represent the wider hockey family. We recognise that in order to achieve this, the Charity must demonstrate equality, diversity and inclusion (EDI) in all areas of activity. The Charity is committed to be better positioned to work with England Hockey in all areas of EDI in the future. An EDI training day in February 2023 which was attended by 15 trustees, staff and volunteers, was funded by a MuseumWIDE project grant of £2,000 received in 2022 from Royal Pavilion and Museums Trust in order to assist training of trustees, staff and volunteers in EDI.
8 Risk Management
The trustees have considered the principal strategic, operational and financial risks and uncertainties to which the charity is exposed and have put in place plans and strategies for managing those risks.
- 9 Financial Review
The annual grant of £25,000 was received from England Hockey.
Donations and other grants totalling £55,082 were received during the year which, together with the grant from England Hockey, helped to mitigate the reduction in the cash balance held at the year end, which fell from £156,389 to £135,748. The trustees are most grateful to everyone who has supported the Charity in this way.
The trustees will apply part of this cash balance in 2024 to maintain its staffing levels and to address the priorities in the SAP, whilst retaining sufficient cash in reserves in order to ensure the Charity’s sustainability and to enable the Charity to make satisfactory progress towards achieving its Objects.
20 June 2024
D Knapp
(Chair of trustees)
Receipts and Payments Account for the year ended 31 December 2023
| Unrestricted Receipts |
Restricted £ |
Total 2022 funds Funds Funds £ £ £ |
Total 2022 funds Funds Funds £ £ £ |
Total 2022 funds Funds Funds £ £ £ |
|---|---|---|---|---|
| Grants | 26,750 | 750 |
27,500 |
33,672 |
| Donations | 36,305 | 16,277 |
52,582 |
67,014 |
| Sales | 1,036 | - |
1,036 |
1,812 |
| Transfers between funds | 97 | (97) |
- | - |
| Total Receipts | 64,188 | 16,930 |
81,118 |
102,498 |
| Payments | ||||
| Rent and Premises | 14,077 | - |
14,077 |
13,102 |
| Staff costs | 44,382 | 9,480 |
53,862 |
51,726 |
| Information technology | 7,734 | 2,599 |
10,333 |
8,338 |
| Office,administration and development | 9,429 | - |
9,429 |
6,726 |
| Collections and their management | 3,268 | - |
3,268 |
5,073 |
| Acquisitions for the collection | - | 700 |
700 |
- |
| Purchases for resale | 265 | 2,290 |
2,555 |
483 |
| Specialprojects | 1,079 | 6,456 |
7,535 |
14,902 |
| Total Payments | 80,234 | 21,525 |
101,759 |
100,350 |
| Net receipts/(payments)for theyear | (16,046) | (4,595) | (20,641) | 2,148 |
| Add cash funds at 1 January2023 | 135,978 | 20,411 |
156,389 |
154,241 |
| Cash funds at 31 December 2023 | 119,932 | 15,816 |
135,748 |
156,389 |
Statement of Net Assets and Liabilities at 31 December 2023
| Unrestricted Funds | Restricted Funds | Total Funds | |
|---|---|---|---|
| Cash Funds | £ | £ | £ |
| Cash | 119,932 | 15,816 | 135,748 |
| Other monetary assets | |||
| Debtors | 406 | 530 | 936 |
| Assets retained for the charity’s own use | |||
| Heritage assets | 208 | 38,745 | 38,953 |
| Fixtures and fittings | - | 3,354 | 3,354 |
| Liabilities | |||
| Creditors | 663 | - | 663 |
Note: non-monetary assets retained for the charity’s own use have mostly been donated and it is
impractical to assign a value to them. Heritage assets which have been purchased, which include
digital assets and assets transferred from the Charitable Trust, are stated at cost. Signed on behalf of the trustees on 20 June 2024
D Knapp (Chair of trustees)
The Hockey Museum
Independent examiner's report on the accounts
Section A Independent Examiner’s Report
Report to the trustees/ members of
On accounts for the year 31 December 2023 Charity no 1170979 ended (if any) Set out on pages 1 to 4 I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 /12/ 2023
Responsibilities and basis As the charity's trustees, you are responsible for the preparation of the of report accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’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 I have completed my examination. I confirm that no material matters have examiner's statement come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
-
the accounting records were not kept in accordance with section 130 of the Charities Act; or
-
the accounts did not accord with the accounting records; or
-
the accounts did not comply with the applicable requirements concerning the form and content of 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.
-
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.
Signed: Name: Susan Kumar ACA
20/06/2024 Date:
Relevant professional Institute of Chartered Accountants in England and Wales qualification(s) or body
(if any): Address:
Springfield House, 23 Oatlands Drive, Weybridge, Surrey
IER
KT13 9LZ
1 Oct 2018
Section B Disclosure
Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and
guidance for examiners).
Nothing to disclose
Give here brief details of any items that the examiner wishes to disclose .
IER Oct 2018