Pa THE MUSEUM OF OXFORD DEVELOPMENT TRUST LEGAL AND ADMINISTRATIVE DETAILS Charity Registration Number: 1173867 Trustee5= Christine Simm Harvey Fagg ITreasurerl David luler (Chairl Kate Blessington Victoria McGuinnes5 Christi3n Cameron Robert Price Adrian Williams Anthony Joyce Simon Kingsnorth Lotty Englishby Registered office: The Museum of Oxford Development Trust 46 Annesley Road Oxford OX4 4JQ Independent examiners.. SPX Oxford Ltd Peace House 19 Paradise Street Oxford Oxi ILD Banker5= CAF Bank Ltd 25 Kings Hill Avenue Kings Hill West Malling Kent ME19 Pa THE MUSEUM OF OXFORD DEVELOPMENT TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2022 The Trustees present their annual report and receipts and payments accounts of the charity for the year ended 31 July 2022. The financial statements have been prepared in accordance with the accounting policies set out in note i to the financial statements and cornply with the Settlement's Trust Deed and the charities act 2011. Objective5 and activities The Charity's objective is to adv3nce education by supporting the charitable work of the Museum of Oxford in such ways as shall be thought fit. In pursuit of that objective, the Trustees seek to acquire funds by way of donations from a variety of sources, for eventV31 3pplication to the ongoing educational services and operation of the P4useurn of Oxford, situated within the City of Oxford's Town Hall, St Aldate's, Oxford Oxi IBX. Following a period of extensive development, the Museum reopened on li October 2021. Achievements and performance In the year the trust released funds of £28,185 12021= £110,171) to Oxford City Council to svpport the ongoing work at the museum. The r￿openIng of the museum has been a huge success with an increase in visitor nurnbers since the opening in October 2021. financial review The Trustees report a surplus for the year of £73,18512021= É80,ooi deficit). The retained reserves held by the Charity at the year-end totalled £109,29412021= £36,109), including unrestricted reserves totalling É7,54412021.' £13,345). Structure, Governance and Management The Museum of Oxford Development Trust is a Registered Charity (No.. 11738671 constituted by a Trust Deed made 31 March 2017 between original trustees (Robert Price, Christine Simm, Anthony joyce and Victoria McGuinnne5sI. Pa THE MUSEUM OF OXFORD DEVELOPMENT TRUST REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY The trustees who served during the year and up to the date of signature of the financial Statements were.. Christine Simm (Chair until 06/02/231 Victoria McGuinne55 Harvey Fagg (Appointed 08/03/20221 David Juler IAppointed 22/04/20221 (Treasurer from 27/06/20221 (Chair from 06/02/20231 Adrian Willisms (Treasurer until 27/06/20221 Anthony Joyce (Retired 06/02/20231 Robert Price (Secretary) Sirnon Kingsnorth (Appointed 28/11/20221 Christian Cameron (Resigned 20/02/20221 Lotty Englishby IAppointed 28/11/20221 Kate Blessington (Appointed ii/oi/20221 The charity is managed by a cornrnittee, comprising the Trustees, and sUPPOrted by appropriate officers of the City Council. New Trustees are appointed by the existing Board of Trustees to bring new perspectives and expertise into the Trust according to the needs perceived by the Board from time to time. The trustees, report was approved by the Board of Trustees and signed on its behalf by: David Juler Chalr Harvey Fagg Treasurer Date= 06th February 2023 Page 4 - - - - - Page 5 Sheila Parry FCCA ACCA SPX Oxford Ltd Peace House 19 Paradise Street Oxford OX1 1LD 7 February 2023 Page 6 Pa THE MUSEUM OF OXFORD DEVELOPMENT TRUST STATEMENT OF ASSETS AND LIABILITIES AS AT 31 JULY 2022 Current Assets Cash at bank 109,294 36,109 Net Current Assets The Funds of the Charity Unrestricted income funds Restricted income funds 7,544 13,345 TOTAL Funds The notes on pages 8 to io form part of these accounts. Approved and authorised by the Trustees on 06, February 2023 and signed on their behalf by= Harvey Fagg Treasurer Page 8 - Page 9 |**Restricted Funds**
William Delafield
Swire Foundation
The Tolkien Trust
Doris Field Charitable Trust
Robin Swailes Design &
Development
Midcounties Co-op
**Total Restricted Funds**
**Unrestricted Funds**
General
**Total Funds**|**Total**
**2021**
**Incoming**
**Outgoing**
**Transfers**
£
£
£
£
12,764
-
(12,764)
-
10,000
-
(10,000)
-
-
100,000
-
-
-
1,000
-
-
-
500
-
-
-
250
-
-
22,764
101,750
(22,764)
-
13,345
1,180
(6,981)
-
**36,109**
**102,930**
**(29,745)**
**-**|**Total**
**2022**
£
-
-
100,000
1,000
500
250
101,750
7,544
**109,294**| |---|---|---| Pa elo THE MUSEUM OF OXFORD DEVELOPMENT TRUST NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 JULY 2022 3. Funds (Continuedl The Tolkien Trust Fund represents monies received from The Tolkien Trust in relation to the refurbishments OF the museums gallery i. The Doris Field Charitable Trust Fund represents monies received from The Doris Field Charitable Trust in relation to funding a special education needs and disability ISENDI trolley. The Robin Swailes Design & Development Fund represents monies received from Robin Swailes Design & Development in relation to the Oxford hidden histories project. The Nidcounties Co-op Fund represents monies received from Midcovnties Co-op irb relation to the community garden project. Related parties There were no related party transactions in the year other than those disclosed in note 2 12021= No transactions). 5. Subsequent Events There were no post balance sheet events.