2020-12-31-accounts

Statement	ofFinancial Activities	ofFinancial Activities	ofFinancial Activities	For	the year ending	31stDecember	2020
					Unrestricted	Restdicted	Total	Total
				Notes		Funds	2020	2019
							E	f
Income:								Isee note is)
Donations	and legacies		.	2	23,681		23,681	19,874
Income from Charitable		activities		3	37,230	162,345	199,576	146,836 .
Investment	income				4,671		4,671	5,686
Fundraising	&trading income			4	6,127		6,127	14,721
Total					71,709	162,345	234,055	187,117
Expenditure	on:
Costs ofraising funds
Expenditure	on charitable		activities		60,126	120,866	180,993	186,178
Total						120,866	180,993	186,178
Net Income/(Expenditure)					11,583	41,479	53,062	939
Unrealised	Gains/(Losses)				(7,118)		(7,118)	17,805
Net Movement in Funds					4,465	41,479	45,944	18,744
"Fundbalancesbroughtfoiward				15	252e994	20,125	273,119	254,375
Fund Balances						'61,604	319,063	273,119

					Notes	2020	2019
						6	6
Fixed assets:
Tangible assets						16,751	18,019
Investments						158,369	165,487
Current assets:
Debtors
Stock						5,890	6,779
Prepayments					10	611	611
Cash at bank and	in		hand			138,919	83,752
						145,419	91,142
Liabilities:
Creditors: Amounts			falling due within one year		11	(1,476)	(1,529)
Net current assets						143,943	89,613
Total assets less	current			liabilities		319,063	273,119
Funds
Unrestricted funds
Designated funds
DCLI Veterans						15,000	15,000
War Memorials						15,000	15,000
Shortfall in	running			costs		100,000	100,000
Total Designated			Funds			130,000	130,000
General Funds						127,459	122,994
Total Unrestricted		funds				257,459	252,994
Restricted funds					12
Cash Funds						44,853	2,106
Fixed Assets						16,751	18,019
Total Restricted	Funds					61,604	20,125
Total						319.DH	273,119

2	Donations and Legacies
						2020	2019
						f	f
	Donations					11,803	13,159
	Gift Aid					1,621	3,984
	Somerset &Cornwall Regimental				Fund	9,626
	Second hand books and	refreshments				632	2,731
						23,681	19,874
3	Income from Charitable		Activities
						2020	2019
						f	f
	Admissions					5,678	28,618
	Furlough payments					6,479
	Grants
	Cornwall Council Covid		Business payment			27,000
	Arts Council Catalyst						1,170
	Arts Council Cultural	Recovery			Grant	25,925
	AMDT- Archivist Salary					7,875	7,875
	HLF —The Trench						4,455
	MOD GIA Salary					22,174	21,444
	FEAST- Fun Palaces Event						500
	FEAST-The Trench						1,400
	FEAST- Fortress Cornwall					778	1,040
	NPO Re-imburse ment					56,843	60,508
	Cultivator Ap pre ntice Claim						4,101
	Cultivator Intern Incentive						2,500
	LI Committee						164
	Resilience Heritage Project						12,800
	Engage- children arts	week				200
	NLHF Covid Emergency		Grant			23,&00
	Imperial War Museum		WW2 project			20,881
	Total Grants					187,418	117,957
	Events
	Other Events						261
	Total income from charitable			activities		199,576	146,836
4	Fundraising and trading	income
	Museum Shop Sales					3,662	11,087
	Room Lettings					2,465	3,634
						6,127	14,721

				2020	2020		2019
				E			E
AIM Conservation	Project						4,404
Museum Resilience							13,902
Collections					122		1,426
NPO Expenses					7„487
Displays &Exhibitions					37		1,277
NLHF Covid Emergency		Grant			8,522
Trench Project							3,957
Voices ofthe LI Project							1,539
Other Events					2,061		2,466
				18,229			28,971
Shop
World Pay Charges							1,298
Other Expenses					889		439
Stock Purchases					3,968		3,141
Total Shop				.4,857			4,878
Staff Costs				140,935			127,506
Lecture Administration
Support Costs				16,050			23,502
Governance					921		1,321
Total Expenses				180,993			1S6,178
Analysis ofsupport and governance			costs		General	Governance		2019	Basis
				6	6	E
					95%	5%
Marketing &Publicity				5,539	5,539		5,539	7,091
Depreciation				1,268	1,268		1,268	1,268
Administration				7,430	7,058	371	7,430	14,422	90/0%
End ofYear Accounts				250		250	250	300	700%
Independent Examination				300		300	300	300
.Premises				1,833	1,833		1,833	1,162	000%
Sundry Expenses				352	352		352	280
Total expenditure				16,97i	60%	921	16,971	24,823

	This is stated after	This is stated after	charging:-
				2020	2019
				E	E
	Depreciation			1,268	1,268
7	Staff Costs	and numbers
				2020	2019
				E	E
	Salaries &	Wages		132,268	121,651
	Employers	National	Insurance	6,087	4,517
	Pensions			2,580	1,338
				140,935	127,606

Netherfield Display Case	s
	Display TVCases	Equipment	Total
Cost
At start ofyear	18,215	1,429	19,644
Additions
Disposals
At the end ofyear	18,215	1,429	19,644
Depreciation
At start ofyear '	911	714	1,625
Charge foryear	911	357	1,268
Disposals in year
At the end ofyear	1,822	1,871	2,893
Net value at End of2019	17,304	715	18,019
Net book value atyear end	16,393	358	16,751

	9 Investments
						2020			2019
							f		f
	Walker Crips					158,369		165,487
	Total Investments					158,369		165,487
	Investments	are shown			at market value		at	year end
10 Prepayments								2020		2019
									f
	World Pay								611		611
	Total								611
11Creditors								2020f		2019
	Trade								112		112
	Tax and Nl								132		539
	Pensions								562		158
	Accrued Expenses
	Independent	Examination							300		300
	Accounts Preparation								250		300
	Ctuickbooks	Subscription							120		120
	Total Accrued	Expenses							670		720
	Total							1,476			1,122
12	Restricted Funds
								31stDec	19	Income	Expenditure	31stDec20
											E
	Fixed Assets										(Depeeeierion)
	SirJohn Moore Room							17,304			911	16,393
	Community	Covenant			Project			715			357	358
	Cash funds
	AMOT —Archivist								35	10,580	9,036	1,579
	AMOT - WW1 Project							1,281			1,281
	AMOT - Collections			Manager						22,174	22,174
	Creative Kernow -		Fortress					790		778	1,568
	Creative Kernow- Cultivator									1,164	1,164
	Engage —Children		art week							200	200
	NLHF Covid	Emergency				Grant				23,800	21,062	2,738
	Arts Council	Cultura		I Recovery Grant						25,925	6,270	19,655
	Imperial War Museum				-	WW2 project				20,881		20,881
	NPO Reimbursement									56,843	56,843
								2,106		162,345	119,598	44,853
	Totals							20,125		162,345	120,866	61,604

12	Prior year comparatives	Prior year comparatives
				31st Dec18	Income	Expenditure	31stDec19
				E		E
	Fixed Assets					(OePreciaa7777)
	SirJohn Moore Room			18,215		911	17,304
	Community	Covenant	Project	1,072		357	715
	Cashfunds
	AMOT —Archivist			5,250	7,875	13,090	35
	AMOT - WW1 Project			2,489		1,208	1,281
	AMOT- Collections Manager			3,871	21,444	25,315
	HLF Resilience Heritage			7,042	16,000	23,042
	Arts Council	- Catalyst		8,192	1,170	9,362
	Arts Council	- Trench Project			1,400	1,400
	HLF - Trench	Project			4,455	4,455
	Creative Kernow - Fortress				1,040	250	790
	Creative Kernow- Cultivator				6,100	6,100
	FEAST- Fun	Palaces			500	500
				26,844	59,984	84,722	2,106
	Totals			46,131	59,984	85,990	20,125
13	Net assets by	fund
				Unrestricted	Restricted	Total 2020
				funds	funds
				E	E	E
	Tangible assets			158,369	16,751	175,120
	Current assets			100,567	44,853	145,419
	Current Liabilities			(1,476)		(1,476)
	Net Assets			157,459	61,604	319,063

Statement ofFinancial Activities	Statement ofFinancial Activities	Statement ofFinancial Activities		Forthe Year	ending 31December 2019	ending 31December 2019
				Unrestricted	Restricted	Total
				Funds	Funds	2019
				E		E
Income:
Donations and legacies				19,874		19,874
Income from Charitable	activities			86,852	59,984	146,836
Investment income				5,686		5,686
Fundraising g.trading income				14,721		14,721
Total				127,133	59,984	187,117
Expenditure on:
-Costs of raising funds
Expenditure on charitable		activites		100,188	S5,990	186,178
Total				100,188	85,990	186,178
Net Income/(Expenditure)				26,945	(26,006)	939
Unrealised Gains/(Losses)				17,805		17,805
Net Movement in Funds				44,750	(26,006)	18,744
Fund balances brough forward			15	208,244	46,131	254,375
Fund Balances				252,994	20,125	273,119