This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

PDF
Markdown

2022-12-31-accounts

						Forthe year ending	31December	2022
						Unrestricted	Restricted	Total	Total
					Ncttes	Funds	Funds	2022	2021
						f		f	f
Income:									lsee note 16I
Donations	and legacies					11,833		11,833	14,692
Income from Charitable			activities			47,982	133,378	181,360	158,256
Investment	income					5,226		5,226	6,495
Fundraising	&trading	income				18,004		18,004	11,738
Total						83,044	133,378	216,422	191,181
Expenditure	on:
Costs of raising funds						167		167
Expenditure	on charitable			activities		73,266	148,473	221,739	220,425
Total						73,433	148,473	221,906	220,425
Net Income/(Expenditure)						9,611	(15,095)	(5,484)	(29,244)
Unrealised	Gains/(Losses)					(17,483)		(17,483)	9,610
Net Movement in Funds						(7,872)	(15,095)	(22,967)	(19,634)
Fund balances brought		forward			15	269,263	30,166	299,429	319,063
Fund Balances						261,391	15,071	276,462	299,429

					Notes	2022	2021
						f	f
Fixed assets:
Tan gib Ie as sets						14,571	15,482
Investments						150,497	167,979
Current assets:
Debtors						2,502
Stock						7,316	7,598
Prepayments					10	2,149
Cash at bank and in			hand			101,044	110,431
						113,011	118,029
Liabilities:
Creditors: Amounts			falling due within one year		11	(1,617)	(2,061)
Net current assets						111,394	115,968
Total assets less	current			liabilities		276,462	299,429
Funds
Unrestricted funds
Designated funds
DCLI Veterans						15,000	15,000
War Memorials						15,000	15,000
Operating	reserves					100,000	100,000
Total Designated			Funds			130,000	130,000
General Funds						131,391	139,263
Total Unrestricted		funds				261,391	269,263
Restricted funds					12
Cash Funds						500	14,684
Fixed Assets						14,571	15,482
Total Restricted	Funds					15,071	30,166
Total						276,462	299,429

										2022	2021
										E	E
	Donations									7,734	9,822
	Gift Aid									2,176	4,282
	Second hand books		and		refreshments					1,923	588
										11,833	14,692
3	Income from Charitable					Activities
										2022	2021
											E
	Admissions									33,430	21,049
	Learning Income									5,293
	Business Interruption			Insurance						2,150	7,169
	Grants
	Cornwall Council	Covid				Business payment				5,682	24,750
	Cornwall Museum		Partnership					Beyond Digitisation			720
	Cornwall Museum		Partnership					"Splanna" project			17,000
	Cornwall Museum		Partnership					Tresorys Kernow project		21,000
	Arts Council Cultural			Recovery				Grant			2,881
	AMDT —Donations		Project							3,218
	MOD GIA Salary									22,305	22,305
	NPO Re-imbursement									79,596	57,422
	Cultivator Apprentice				Claim					3,167	3,333
	Creative Kernow	Ltd		—Development					Project	500
	The Rifles ITgrant										260
	Imperial War Museum									3,592
	Tota I Grants									139,060	128,670
	Events
	Other Events									1,427	1,368
	Total income from charitable						activities			181,360	158,256
4	Fundraising and trading				income
	Museum Shop Sales									12,074	10,478
	Room Lettings									5,930	1,260
										18,004	11,738

				2022	2022		2021
					f		E
	IWM Project				653		5,484
	DC LI Memoria I Gra nt						372
	Arts Council Recovery Fund						8,068
	AMDT Donations	Project			3,182
	Tresorys Kernow Project				18,423
	SPLANNA project				10,403
	Collections				200		238
	NPO Expenses				7,100		10,414
	NLHF Covid Emergency Grant						3,160
	Learning Expenditure				542
	Other Events				193		977
					40,696		28,713
	Shop
	Shopify Charges				760		2,120
	Stock Purchases				2,014		4,577
	Tota I Shop				2,774		6,697
	Staff Costs				142,883		152,324
	Lecture Administration
	Support Costs				33,894		31,321
	Governance				1,491		1,370
	Total Expenses				221,739		220,425
Analysis	ofsupport and governance		costs		General	Governance	2022	2021	Basis
					6	E
					95%	5%
Ivlarketing &Publicity				10,176	10,176		10,176	6,121
Depreciation				911	, 911		911	1,269
Administration				18,628	17,697	931	18,628	16,396		95/5%
End ofYear Accounts				260		260	260	250
Independent Examination				300		300	300	300
Premises				4,935	4,935		4,935	8,092
Sundry Expenses				175	175		175	263
Total expenditure				35,385	33,894	1,491	35,385	32,691

	This is stated after	This is stated after	charging:—
				2022	2021
				E	E
	Depreciation			911	1,269
7	Staff Costs	and numbers
				2022	2021
				E	E
	Salaries 8	Wages		132,267	143,331
	Employers	National	Insurance	8,427	7,036
	Pensions			2,189	1,956
				142,883	152,324

	Display Cases	IT 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 of year	2,733	1,429	4,162
Charge for year	911		911
Disposals in year
At the end ofyear	3,644	1,429	5,073
Net value at End of2021	15,482		15,482
Net book value at year end 2022	14,571		14,571

9	Investments
		2022	2021
		f	f
	Walker Crips	150,497	167,979
	Totallnvestments	150,497	167,979

10	Prepayments		2022	2021
			f
	Shopify		254
	HMRC Tax a,nd Nl		1,895
	Total		2,149
11	Creditors		2022 f	2021f
	Trade
	Tax and Nl			556
	Pensions		827	715
	Accrued Expenses
	Independent	Examiriation	300	300
	Accounts Preparation		250 .	250
	Quickbooks	Subscription	240	240
	Total Accrued	Expenses	790	790
	Total		1,617	2,061

12	Restricted Funds
						31stDec21	Income	Expenditure	31stDec22
						E		f
	Fixed Assets							(Oepreciatian)
	SirJohn Moore Room					15,482		911	14,571
	Cash funds
	AMOT- Collections	Manager					22,305	22,305
	AMDT- Donations Project						3,218	3,218
	Cornwall Musuem	Partnership		—aSplannaa		14,684		14,684
	Cornwall Museum	Partnership		Tresorys Kernow project			21,000	21,000
	Creative Kernow Ltd	—Development			Project		500		500
	Imperial War Museum						3,592	3,592
	Cultivator Apprentice						3,167	3,167
	NPO Reimbursement						79,596	79,596
						14,684	133,378	147,562	500
	Totals					30,166	133,378	148r473	15,071
12	Prior year comparatives
						31stDec20	Income	Expenditure	31st Dec21
						f		f
	Fixed Assets							(Depreciatian)
	SirJohn Moore Room					16,393		911	15,482
	Community Covenant		Project			358		358	0
	Cash funds
	AMOT —Archivist					1,579		1,579
	AMOT - Collections	Manager					22,305	22,305
	NLHF Covid Emergency		Grant			2,738		2,738
	Arts Council Cultural	Recovery		Grant		19,655		19,655
	Arts Council - Cornish		Museum	Collaborative			2,881	2,881
	Imperial War Museum		—WW2	project		20,881		20,881
	Cultivator Apprentice						3,333	3,333
	Beyond Oigitisation	Project					720	720
	Cornwall Musuem Partnership			-	aSplannaa		17,000	2,316	14,684
	NPO Reimbursement						57,422	57,422
						44,853	103,660	133,829	14,684
	ToteIs					61,604	103,660	135,098	30,166

Net assets by fund	Net assets by fund
		Unrestricted	Restricted	Total 2022
		funds	funds
		6	6	6
Tangible	assets	150,497	14,571	165,068
-Current	assets	112,511	500	113,011
Current	Liabilities	(1,617)		(1,617)
Net Assets		261,391	15,071	276,462
Prior year comparatives
		Unrestricted	Restricted	Total 2021
		funds	funds
		E	6	6
Tangible	assets	167,979	15,482	183,461
Current	assets	103,345	14,684	118,029
Current	Liabilities	(2,061)		(2,061)
Net Assets		269,263	30,166	299,429

					For the year ending	31stDecember	2021
					Unrest'ricted	Restricted	Total
					Funds	Funds	2021
							E
Income:
Donations	and	legacies			14,692		14,692
Income from Charitable			activities		54,596	103,660	158,256
Investment	income				6,495		6,495
Fundraising	&	trading income			11,738		11,738
Total					87,521	103,660	191,181
Expenditure	on:
Costs of raising		funds
Expenditure	on charitable			activities	85,327	135,098	220,425
Total					85,327	135,098	220,425
Net Income/(Expenditure)					2,194	(31,438)	(29,244)
Unrealised	Gains/(Losses)				9,610		9,610
Net Movement		in Funds			11,804	(31,438)	(19,634)
Fund balances		brought forward			257,459	61,604	319,063
Fund Balances					269,263	30,166	299,429