2023-03-31-accounts

Richmondshire Museum AGM 28[th] July 2023 Chairmans Report First of all it is with great sadness that Sheila Harrisson passed away recently. Sheila was a main stay in the founding of the museum and has supported us ever since.

I must thank all the Friends who have responded to and endorsed our new constitution which we will come to later. The museum suffered during Covid with two years of no admissions income or money raising events. We have been working hard to get back to normal and find ways to secure the future of the museum. One of our major problems is that although we don’t own the building we are responsible for the maintenance so we are hoping to re-address this with the new North Yorkshire Council.

We have spent a considerable amount of time redrafting our constitution to make it more workable and suitable for our future requirements as a small museum charity. We were very fortunate to receive a legacy of £25,000 earlier this year. We applied for all the Covid grants that were available but were unsuccessful mainly due to us being exempt rent and rates and also having a part time staff member. Even the District Councils £50,000 energy relief fund for local charities only produced a grant of £69 which put against our estimated annual energy bill of £8,000 was to be fair an insult. We did manage to update our heating and replace all our lighting with low energy units.

However we are very positive about the future and have an excellent forward thinking Management Committee and I would like to thank them for all their time and effort and I am sure this will result in the museum continuing to provide an excellent facility for the local community and beyond. I must also thank all our volunteers who without them the museum couldn’t exist. Special thanks also to our gardener for a splendid display.

Curatorial

This is the point where we would normally have the Curatorial Report. You may Know that Zoe has been unwell and ended up in hospital on Sunday. She is so disappointed that she can’t be with us today. We wish her well and thank her for her great contribution to the running of the museum.

The new exhibition this year is based on some brass rubbings recently donated to the museum. They form the basis for a brass rubbing trail around the museum which has been sponsored by Richmond Rotary Club. We continue to look for new themes and next year we are proposing a 1960’s exhibition so get out your mini skirts, flared trousers and Beatle records! A big thank you to Zoe for all her hard work and get well soon.

2022/23 2021/22 Receipts Unrestrict ed Funds Unrestrict ed Funds £ £ Trading Income 9,916 5,622 Donations and Grants 15,482 13,040 Legacies 20,000 0 Fund Raising 1,301 1,141 Research and Education 100 25 Deposit A/c Interest 106 0 Miscellaneous 40 40 Total Income 46,944 19,868 Payments Payroll and Staffing Costs 11,803 11,124 Premises Costs 18,656 11,446 Trading Costs 2,392 884 Miscellaneous 3,347 6,939 Total Expenses 36,197 30,393 Net Movement in Funds 10,747 -10,525 Fund Balances brought forward 39,469 49,994 Fund Balances carried forward 50,216 39,469 RICHMONDSHIRE MUSEUM CIO SUMMARY STATEMENT OF FINANCIAL ACTIVITY for the year ending 31 March 2023	2021/2 Unrestricted Funds £ £ £ Investment HSBC Deposit account 41,683 21,577 Current assets Stock 300 300 Debtors 0 Cash at Bank - HSBC Current A/c 8,173 17,532 Cash in Hand 60 60 8,533 17,892 Current Liabilities Creditors 0 0 Total Capital Employed 50,216 39,469 Represented by: - Unrestricted Funds 50,216 39,469 50,216 39,469 Notes to the Accounts Unrestricted Funds 1. Basis of Accounting: These accounts have been prepared on a Receipts and Payments basis as permitted by the Charities Commission for a CIO of this size. Gift Aid will be 2. Small adjustments have been made to the record of Expenditure (-£30) and Income (- Richmondshire Museum CIO Balance Sheet as at 31 March 2023 2022/3	£ £ Investment HSBC Deposit account 41,683 Current assets Stock 300 Debtors 0 Cash at Bank - HSBC Current A/c 8,173 Cash in Hand 60 8,533 Current Liabilities Creditors 0 Total Capital Employed 50,216 Represented by: - Unrestricted Funds 50,216 50,216 Unrestricted Funds Richmondshire Museum CIO Balance Sheet as at 31 March 2023 2022/3	2021/2 Unrestricted Funds £ 21,577 300 17,532 60
			17,892 0
			39,469
			39,469
			39,469

1. Small adjustments have been made to the record of Expenditure (-£30) and Income (- £3.85) to reconcile transaction totals to bank statement totals.

2. Tangible Fixed Assets: The CIO has no tangible fixed assets. The value of stock in the shop is estimated.

3. Payment of Trustees: No remuneration/benefits have been paid to Trustees or people connected with them.

4. Endowment and Restricted Funds: The CIO has no endowment or restricted funds.

5. Other Disclosure: The CIO has no loans or creditors nor has given any loans or guarantees.