## ## |||Page| |---|---|---| |Legal and administrative
information||| |Trustees'
report||2-3| |Statement oftrustees'|responsibilities|| |Independent
examiner's
report||| |Statement offinancial|activities|6-7| |Statement offinancial|position|| |Notes to the financial|statements|9-17| ## ## |Trustees|||Sarah Booth - Treasurer||||| |---|---|---|---|---|---|---|---| ||||Wendy Price - Secretary||||| ||||Ruth Smith - Membership|Secretary|||| ||||Steve Barnard - Librarian|- (Resigned 9February 2022)|||| ||||Marion Berry - Archivist - (Resigned||1 December 2021)||| ||||Sue Morton
—Trustee||||| ||||Colin Pyrah OBE - Trustee||||| ||||Alison Roberts - Honorary|Chair|||| ||||David Rodwell - Trustee||||| ||||Robert Smith - Trustee - (Appointed||29April 2022)||| ||||Penny
Cockill - Trustee - (Appointed||29April 2022)||| |Patrons|||The Marquis of Normanby||||| ||||The Marchioness
of Normanby||||| |Museum|Mentor||Victodia Harrison
- Spark Your Wildfire -(Resigned|||1 December 2021)|| ||||Michael Tumpenny
-York|Museums|Trust - (Appointed||20January 2023)| |Charity number|||1171266||||| |Principal|address||Whitby Museum||||| ||||Pannet Park||||| ||||Whitby||||| ||||YO21 1RE||||| |Independent||examiner|N ClemitACA,
FCCA||||| ||||JWPCreers LLP||||| ||||Chartered Accountants||||| ||||Genesis 5||||| ||||Church Lane||||| ||||York||||| ||||YO10 5DQ||||| |Bankers|||HSBC Bank Pic||||| ||||4 Baxtergate||||| ||||Whitby||||| ||||North Yorkshire||||| ||||YO21 1BD||||| |Invesment||Managers|Brewin Dolphin||||| ||||12Smithfield Street||||| ||||London||||| ||||EC1A9BD||||| |Financial|Advisors||Anderson
Brown (Whitby)|Ltd|||| ||||Victoria House||||| ||||7Victoria Square||||| ||||Whitby||||| ||||North Yorkshire||||| ||||YO21 1EA||||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |CURRENT FINANCIAL YEAR|CURRENT FINANCIAL YEAR||||||| |---|---|---|---|---|---|---|---| ||||Unrestricted|Unrestricted|Restricted|Total|Total| ||||funds|funds|funds||| ||||general|designated|||| ||||2022|2022|2022|2022|2021| |||Notes|||||6| |Income|||||||| |Donations
and legacies|||115,143||125,500|240,643|72,466| |Charitable
activities|||91,400||10,000|101,400|45,591| |Other trading
activities|||29,591|||29,591|10,895| |Investment
income|||6,809||52|6,861|5,101| |Other income|||234|||234|302| |Total income|||243,177||135,552|378,729|134,355| |Expenditure|||||||| |Raising funds|||14,072||2,409|16,481|7,962| |Charitable
activities|||181,655|65,234|64,703|311,592|162,770| |Total expenditure|||195,727|65,234|67,112|328,073|170,732| |Net gains/(losses)
on investments|||(48,356)|||(48,356)|32,867| |Net (expenditure)/income|before transfers||(906)|(65,234)|68,440|2,300|(3,510)| |Gross transfers
between funds|||(443,873)|501,903|(58,030)||| |Net (expenditure)/income|for the year||||||| |Net movement
in funds|||(444,779)|436,669|10,410|2,300|(3,510)| |Fund balances at 1 October 2021|||968,274||126,931|1,095,205|1,098,715| |Fund balances at 30September 2022|||523,495|436,669|137,341|1,097,505|1,095,205| ## ## ## ## ## |PRIOR FINANCIAL YEAR||||||| |---|---|---|---|---|---|---| ||||Unrestricted|Restricted||Total| ||||funds|funds||| ||||2021|2021||2021| |||Notes|f|||F| |Income and endowments||||||| |Donations
and legacies|||69,466|3,000||72,466| |Charitable
activities|||45,591|||45,591| |Other trading activities|||10,895|||10,895| |Investment
income|||5,095|||5,101| |Other income|||302|||302| |Total income|||131,349|3,006|.|134,355| |Expenditure||||||| |Raising funds|||7,962|||7,962| |Charitable
activities|||159,195|3,575||162,770| |Total expenditure|||167,157|3,575||170,732| |Net gains/(losses)
on investments|||32,867|||32,867| |Net (expenditure)/income|before transfers||(2,941)|(569)||(3,510)| |Gross transfers
between funds||||||| |Net (expenditure)/income|for the year/|||||| |Net movement
in funds|||(2,941)|(569)||(3,510)| |Fund balances at 1 October|2020||971,215|127,500||1,098,715| |Fund balances at 30September 2021|||968,274|126,931||1,095,205| ## ## ## ||||2022||2021|| |---|---|---|---|---|---|---| |||Notes||||| |Fixed assets||||||| |Tangible assets||10||436,669||444,316| |Investments||11||336,056||382,597| |||||772,725||826,913| |Current assets||||||| |Stocks|||7,189||4,085|| |Debtors||12|10,269||17,139|| |Cash at bank and in|hand||320,396||257,466|| ||||337,854||278,690|| |Creditors: amounts|falling due within one year|13|(13,074)||(10,398)|| |Net current assets||||324,780||268,292| |Total assets less current liabilities||||1,097,505||1,095,205| |Income funds||||||| |Restricted funds||14||137,341||126,931| |Unrestricted
funds -|designated|||436,669||| |Unrestricted
funds -|general|||523,495||968,274| |||||1,097,505||1,095,205| ## ## ||Charity information||||||||| |---|---|---|---|---|---|---|---|---|---| ||Whitby Literary and Philosophical
Society is a charitable
incorporated
organisation
registered||in England.||||||| ||Accounting
convention||||||||| ||The charity constitutes
a public benefit entity as defined
by FRS 102.The financial
statements||have been prepared||||in|accordance|| ||with Accounting
and Reporting
by Charities: Statement of Recommended
Practice applicable||to charities
preparing||||their accounts||| ||in accordance
with the
Financial
Reporting
Standard
applicable
in the UK and Republic|of Ireland||issued
in October 2019,|||||the| ||Financial
Reporting
Standard
applicable
in the United
Kingdom
and Republic of Ireland (FRS 102),the Charities Act 2011 and||||||||UK| ||Generally Accepted Accounting
Practice.||||||||| ||The financial
statements
have been prepared
to give a 'true and fair' view and have departed
from|||the Charities|||(Accounts
and||| ||Reports) Regulations
2008 only to the extent required
to provide a 'true and fair view'. This||departure||has involved
following||||the| ||Accounting
and Reporting
by Charities:
Statement
of Recommended
Practice applicable|to|charities|preparing
their||||accounts|in| ||accordance
with the Financial
Reporting
Standard
applicable
in the UK and Republic of Ireland (FRS|||102)issued||on 16July 2014|||| ||rather than the Accounting
and Reporting
by Charities: Statement ofRecommended
Practice||effective|from 1 April||2005 which has|||| ||since been withdrawn.||||||||| ||The significant
accounting
policies applied
in the preparation
of these financial
statements|are set out|||below. These|||policies|are| ||consistently
applied to all years presented
unless otherwise
stated.||||||||| ||Going concern||||||||| ||At the time of approving
the financial
statements,
the trustees
have a reasonable
expectation
that||||the charity||has adequate||| ||resources to continue
in operational
existence for the foreseeable
future. Thus the trustees||continue|to adopt the|||going concern||| ||basis ofaccounting
in preparing
the financial statements.||||||||| |1.3|Charitable
funds||||||||| ||The charity maintains
a general
unrestricted
fund which is expendable
at the discretion ofthe||trustees|in|furtherance||ofthe objects||| ||ofthe charity||||||||| ||Restricted
funds are funds
that can only be used for particular
restricted
purposes
within|the objects of the charity.||||||Restrictions|| ||arise when specified by the funder or when funds are raised for a specific purpose.||||||||| |1.4|Income||||||||| ||All income is included
in the statement
of financial
activities
when the charity
is entitled|to|the income and the|||amount
can|||be| ||quantiTied
with reasonable
accuracy.
The following
specific policies are applied to particular|categories||ofincome:|||||| ||Donations
and legacies are received
by way of grants,
donations
and gifts and are included||in full|in|the statement|||of financial|| ||activities when receivable.
Grants where entitlement
is not conditional
on the delivery ofa|specific performance
by|||||the|charity are|| ||recognised
when the charity becomes unconditionally
entitled to the grant.||||||||| ||Income from investments
is included
in the year in which it is receivable.||||||||| ||Expenditure||||||||| ||Expenditure
is recognised
on an accruals basis as a liability is incurred.||||||||| ||Raising funds comprise the costs associated
with attracting
donations
and legacies.
The costs of trading||||for fundraising|||purposes|| ||includes the charity's shop.||||||||| ||Charitable
expenditure
compdises
those
costs
incurred
by the
charity
on the
delivery|of its activities
and||||services
for|||its| ||beneficiaries.
It includes
both costs that can be allocated
directly to such activities and those costs of|||an|indirect nature|||necessary|| ||to support them.||||||||| ||Fundraising
costs are those incurred
in seeking
voluntary
contributions
and do not include|the costs||of|disseminating|||information|| ||in support ofthe charitable
activities.||||||||| ||Support
costs are those costs incurred
directly
in support
of expenditure
on the objects||of the|charity
and|||include
project||| ||management.||||||||| ## ## ## |Leasehold|property|25 years| |---|---|---| |Leasehold|improvements|25 years| |Fixtures||20years| |Furniture|and equipment|8years| |Computer|equipment|4 years| ## ## ## ## ## ## ||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total| |---|---|---|---|---|---|---|---|---| ||||funds|funds||funds|funds|| ||||general|||general||| ||||2022|2022|2022|2021|2021|2021| |||||||||f| |Donations|and gifts||10,936|100,500|111,436|57,120|3,000|60,120| |Legacies receivable|||83,000||83,000|||| |Membership||fees|9,008||9,008|8,787||8,787| |Gift aid|||12,199|25,000|37,199|3,559||3,559| ||||115,143|125,500|240,643|69,466|3,000|72,466| |Donations||and gifts||||||| |Patron Donations|||3,265||3,265|3,300||3,300| |Development||donations||100,000|100,000|||| |Grant income||||||39,214|3,000|42,214| |Governrment||grant|6,000||6,000|12,024||12,024| |Other donations|||1,671|500|2,171|2,582||2,582| ||||10,936|100,500|111,436|57,120|3,000|60,120| ## |Income from|admissions| |---|---| |Less amount|paid to Whitby Town Council| |Thomas William Varley Roe Deceased|| |Library sales|| |Grant income|| |Analysis|by fund| |---|---| |Unrestricted
funds - general|| |Restricted|funds| |Charitable|Charitable| |---|---| |activities|activities| |2022|2021| ||6| |108,253|52,090| |(64,227)|(30,909)| |47,201|24,326| |173|84| |10,000|| |101,400|45,591| |91,400|45,591| |10,000|| |101,400|45,591| ## ## ## |Museum|shop| |---|---| |Cafe fee|| |Room hire|| |Unrestricted|Unrestricted| |---|---| |funds|funds| |general|general| |2022|2021| ||E| |22,652|8,700| |6,399|2,145| |540|50| |29,591|10,895| |5|Raising funds|Raising funds|Raising funds||||||| |---|---|---|---|---|---|---|---|---|---| ||||||Unrestricted|Restricted|Total|Unrestricted|Total| ||||||funds|funds||funds|| ||||||general|||general|| ||||||2022|2022|2022|2021|2021| ||||||E||||F| ||Operating|charity shops|||9,152|2,409|11,561|3,601|3,601| ||Investment|management|||4,920||4,920|4,361|4,361| ||||||14,072|2,409|16,481|7,962|7,962| |6|Charitable|activities|||||||| |||||||||Charitable|Charitable| |||||||||activities|activities| |||||||||2022|2021| ||Direct costs|||||||55,925|8,316| ||Staff costs|||||||76,342|60,932| |||||||||132,267|69,248| ||Share ofsupport costs {seenote 7)|||||||176,743|90,671| ||Share ofgovernance|||costs {seenote 7)||||2,582|2,851| |||||||||311,592|162,770| ||Analysis|by|fund||||||| ||Unrestricted||funds - general|||||181,655|159,195| ||Unrestricted||funds - designated|||||65,234|| ||Restricted|funds||||||64,703|3,575| |||||||||311,592|162,770| ## ## |Support costs|||||||| |---|---|---|---|---|---|---|---| |||2022|||2021||| |||Support costs|Governance|2022|Support costs|Governance|2021| ||||costs|||costs|| |Depreciation||65,234||65,234|57,812||57,812| |Printing, postage and|||||||| |stationery||2,395||2,395|1,777||1,777| |Subscriptions
and journals||467||467|448||448| |Legal and professional|fees|7,146||7,146|4,883||4,883| |Sundry expenses||3,681||3,681|1,810||1,810| |Insurance||4,234||4,234|3,857||3,857| |Computer expenses||13,086||13,086|3,026||3,026| |Communication
with members||1,437||1,437|1,910||1,910| |Advertising
and publicity||2,599||2,599|973||973| |Repairs and maintenance||73,519||73,519|12,963||12,963| |Bank charges||2,945||2,945|1,212||1,212| |Accountancy fees|||2,582|2,582||2,851|2,851| |||176,743|2,582|179,325|90,671|2,851|93,522| |Anaiysed
between|||||||| |Charitable
activities||176,743|2,582|179,325|90,671|2,851|93,522| ## ## ## |||2022|2021| |---|---|---|---| |||Number|Number| |Total|||| |Wages|and salaries|76,055|60,676| |Other|pension costs|379|256| |||76,342|60,932| |||(0
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N| ||CC||||||||||| ## ## ## ||Listed investments| |---|---| |Valuation|| |At 1 October 2021|382,597| |Additions|58,268| |Disposal proceeds|(76,738)| |Net gains (losses) on disposals|(1,773)| |Unrealised
gains (losses)|(46,584)| |Movement
in income account|20,216| |Movement
in capital account|70| |At 30September 2022|336,056| |Carrying
amount|| |At 30September 2022|336,056| |At 30September 2021|382,597| ## |Debtors||||| |---|---|---|---|---| ||||2022|2021| |Amounts
falling due||within one year:||| |Trade debtors|||1,433|2,043| |Other debtors|||3,531|982| |Prepayments|and accrued income||5,305|14,114| ||||10,269|17,139| |Creditors: amounts||falling due within one year||| ||||2022|2021| |Other creditors|||952|561| |Accruals and|deferred|income|12,122|9,837| ||||13,074|10,398| ## ## ## |||||Movement|Movement|ln funds||| |---|---|---|---|---|---|---|---|---| ||||Balance at|Income|Expenditure||Transfers|Balance at| ||||1 October|||||30| ||||2021|||||September| |||||||||2022| |Development||fund|124,181|125,052||(64,703)|(59,930)|124,600| |WYCA EDRF|||2,750||||(2,750)|| |Normanby|Trust|||10,000||||10,000| |Alan Appleton||fund||500||(2,409)|4,650|2,741| ||||126,931|135,552||(67,112)|(58,030)|137,341| |||||Movement||in funds||| ||||Balance at|Income|Expenditure||Transfers|Balance at| ||||1 October|||||30| ||||2020|||||September| |||||||||2021| |Development||fund|127,500|6||(3,325)||124,181| |WYCA EDRF||||3,000||(250)||2,750| ||||127,500|3,006||(3,575)||126,931| ## ## |Analysis ofnet assets between funds|||||| |---|---|---|---|---|---| |||Unrestricted|Designated|Restricted|Total| |||funds|funds|funds|| |||2022|2022|2022|2022| |||||6|| |Fund balances at 30September 2022 are represented|by:||||| |Tangible assets|||436,669||436,669| |Investments||336,056|||336,056| |Current assets/(liabilities)||187,439||137,341|324,780| |||523,495|436,669|137,341|1,097,505| |||Unrestricted|Designated|Restricted|Total| |||funds|funds|funds|| |||2021|2021|2021|2021| ||||E||f| |Fund balances at 30September 2021 are represented|by:||||| |Tangible assets||433,535||10,781|444,316| |Investments||382,597|||382,597| |Current assets/(liabilities)||152,142||116,150|268,292| |||968,274||126,931|1,095,205| ## ||2022|2021| |---|---|---| |Within one year|246|980| |Between two and five years|4|249| |In over five years|919|920| ||1,169|2,149| ##