## **Trustees’ Annual Report for the period** **From 1[st] January 2023 Period start date To 31[st] December 2023 Period end date** ## **Charity name: Braunton and District Museum** ## **Charity registration number: 1174860** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|The objects of the CIO are to provide the
education of the public by providing and
maintaining a museum of artefacts and
specimens relating to the history, natural
history and geology of Braunton and the
surrounding area.| |Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or services
identified in the accounts.|Para 1.17 and
1.19|To purchase or accept on loan artefacts for
exhibition or research.
To conserve or restore any artefact or
specimen belonging to the Charity.
To organise meetings or lectures on local
matters.
To do all such things to promote and
enhance the object of the Charity.| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|This can be confirmed.| ## **Additional information (optional)** You may choose to include further statements where relevant about: ||SORP reference|| |---|---|---| |Policy on grant making|Para 1.38|| |Policy on social investment
including program related
investment|Para 1.38|| |Contribution made by
volunteers|Para 1.38|| ## **Achievements and Performance** ||SORP reference|| |---|---|---| |Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.|Para 1.20|Visitor numbers are still somewhat subdued
but there continues to be modest increased
footfall into the museum since Covid days.
A high profile fund raising campaign was
launched to celebrate the museum’s 50
years in existence and culminating in a
reception party with invited guests.
Effort has been made to enhance the
efficiency of the archivist’s department with a
new person taking on the lead role.| ## **Additional information (optional)** You may choose to include further statements where relevant about: |Achievements against
objectives set|Para 1.41|| |---|---|---| |Performance of fundraising
activities against objectives
set|Para 1.41|| |Investment performance
against objectives|Para 1.41|| |Other||| ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|**Total reserves at the end of this financial**
**period stand at £31,720 compared to**
**£39,163.00 the previous year.**
**During the year deposits held at Lloyds**
**and NatWest were consolidated and**
**transferred to the COIF Charities Deposit**
**Fund. The reason was to streamline our**
**deposits into one account and to gain a**
**better rate of interest.**| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|**Reserves are held to offset future**
**expenses and ongoing costs.**| |Amount of reserves held|Para 1.22|| |Reasons for holding zero
reserves|Para 1.22|| |Details of fund materially in
deficit|Para 1.24|| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|**Again costs are drawing down our**
**reserves; the trustees are forever mindful**
**how frugal we have to be.**| |**Additional information (optional)**
You may choose to include further statements|**Additional information (optional)**
You may choose to include further statements|where relevant about:| |---|---|---| |The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|| |Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|| |A description of the principal
risks facing the charity|Para 1.46|| |Other||| ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|**CIO (Foundation Structure)**
**CONSTITUTION**| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|**CIO**| |Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|**Appointed by the Committee of Trustees.**| ## **Additional information (optional)** |**Additional information (optional)**|**Additional information (optional)**|| |---|---|---| |You may choose to include further statements||where relevant about:| |Policies and procedures
adopted for the induction and
training of trustees|Para 1.51|**New Trustees are advised to read the**
**Charity Commission-The Essential**
**Trustee (What you need to know)**
**document from the Charity Commission**
**website.**| |The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|**The Trustees meet approximately every 2**
**– 3 months.**
**A Management meeting is also held every**
**2 – 3 months.**
**Minutes are circulated on the staff board.**| |Relationship with any related
parties|Para 1.51|**The Museum is part of the North Devon**
**Museums Group.**| |Other||| ## **Reference and Administrative details** |Charity name|Braunton & District Museum| |---|---| |Other name the charity uses|| |Registered charity number|117480| |Charity’s principal address|The Bakehouse Centre
Caen Street
Braunton
Devon EX33 1AA| ||| **Names of the charity trustees who manage the charity** |1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20|**Trustee name**|**Office (if any)**|**Dates acted if not for whole**
**year **|**Name of person (or body) entitled**
**to appoint trustee (ifany)**| |---|---|---|---|---| ||James Benning|Chair|From 2020|Braunton Museum Trustees| ||GaryWest|Trustee|From 2017|Braunton Museum Trustee| ||Les Squance|Trustee|From 2012|Braunton Museum Trustee| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| |||||| – Corporate trustees names of the directors at the date the report was approved **Director name** Name of trustees holding title to property belonging to the charity **Trustee name Dates acted if not for whole year** ## **Funds held as custodian trustees on behalf of others** Description of the assets held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets ## **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** **Type of Name Address adviser** **Name of chief executive or names of senior staff members (Optional information)** ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details ## **Other optional information** ## **Declarations** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** |**Signature(s)**
**Full name(s)**
**Position (eg Secretary,**
**Chair, etc)**
**Date**|
James Benning (Oct 22, 2024 15:12 GMT+1)
James Benning|Gary West (Oct 22, 2024 15:43 GMT+1)| |---|---|---| ||

James Benning|Gary West| ||
Chair|Trustee| |||| ||
22/10/24|| ## Trustee Annual Report 2023 Final Audit Report 2024-10-22 Created: 2024-10-22 By: Suzanne Tucker (tuckersuzanne3@gmail.com) Status: Signed Transaction ID: CBJCHBCAABAAc7rlGqMot-F54vp6gPRvFohZ7mrz39zn ## "Trustee Annual Report 2023" History Document created by Suzanne Tucker (tuckersuzanne3@gmail.com) 2024-10-22 - 1:12:31 PM GMT Document emailed to James Benning (jbenning@jbenning.co.uk) for signature 2024-10-22 - 1:12:34 PM GMT Document emailed to Gary West (garywest11@btinternet.com) for signature 2024-10-22 - 1:12:35 PM GMT Email viewed by James Benning (jbenning@jbenning.co.uk) 2024-10-22 - 2:10:56 PM GMT Document e-signed by James Benning (jbenning@jbenning.co.uk) Signature Date: 2024-10-22 - 2:12:09 PM GMT - Time Source: server Email viewed by Gary West (garywest11@btinternet.com) 2024-10-22 - 2:41:15 PM GMT Document e-signed by Gary West (garywest11@btinternet.com) Signature Date: 2024-10-22 - 2:43:48 PM GMT - Time Source: server Agreement completed. 2024-10-22 - 2:43:48 PM GMT ## **BRAUNTON AND DISTRICT MUSEUM (CIO)** ## **FINANCIAL ACCOUNTS** **for the year ended** **31ST DECEMBER 2023** ## **BRAUNTON AND DISTRICT MUSEUM** ## **LEGAL AND ADMINISTRATIVE INFORMATION** ## **CONSTITUTION** The Braunton and District Museum is constituted under a Charitable Incorporated Organisation (CIO) dated 27th September 2017. ## **REGISTERED NUMBER** The registered number of the charity with the Charity Commission is 1174860. ## **TRUSTEES** The trustees at the year end were as follows: James Benning Leslie Squance Gary West Patricia Beevers Barry Hodgson ## **ADDRESS** The Bakehouse Centre Caen Street Braunton Devon EX33 1AA ## **INDEPENDENT EXAMINER** LCA Chartered Accountants 13 Sliver Street Barnstaple Devon EX32 8HR **1** ## **BRAUNTON AND DISTRICT MUSEUM** ## **INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF BRAUNTON AND DISTRICT MUSEUM** I report on the accounts of The Braunton and District Museum for the year ended 31 December 2023 set out on pages 3 to 7. ## **Respective responsibilities of trustees and independent examiner** The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It is my responsibility to: - examine the accounts under section 145 of the 2011 Act; - to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and - to state whether particular matters have come to my attention. ## **Basis of independent examiner's statement** My examination was carried in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below. ## **Independent examiner's statement** In connection with my examination, no matter has come to my attention: - (i) which gives me reasonable cause to believe that in any material respect the requirements: - to keep proper accounting records in accordance with section 130 of the 2011 Act; and - to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act have not been met; or (ii) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. ## Rebecca Williams ………………………………………………… Rebecca Williams (Oct 25, 2024 10:48 GMT+1) Signed ## 25/10/24 ………………………………………………… Date: **2** ## **BRAUNTON AND DISTRICT MUSEUM STATEMENT OF FINANCIAL ACTIVITIES Year ended 31st December 2023** |Note
**INCOME**
**Income from generated funds**
**Voluntary Income**
Donations
Donations Gift Aid
Grants received
2
**Activities for generating funds**
Income from fund-raising activities
3
Shop sales
4
Information Service
Gift Aid HMRC
Commission
Royalties
Miscellaneous Income
**Investment income**
Interest received
**Other incoming resources**
**TOTAL INCOME**
**EXPENDITURE**
**Cost of generating funds**
Fundraising expenses
3
Shop: cost of goods sold
4
**Charitable activities**
Museum running costs
5
**TOTAL EXPENDITURE**
**Surplus/(deficit)for the year**
Funds at beginning of year
**Funds at the end of the year**|**Unrestricted**
**Restricted**
**Total**
**Funds**
**Funds**
**Funds**
**2023**
**2023**
**2023**|**Total**
**Funds**
**2022**| |---|---|---| ||**£**
**£**
**£**
2,374
-
2,374
5
-
5
-
544
544|**£**
1,217
101
231| ||2,379
544
2,923|1,549| ||1,150
-
1,150
3,285
-
3,285
5
-
5
14
-
14
62
-
62
28
-
28
-
-
-|378
3,610
305
277
97
-
1| ||4,544
-
4,544|4,668| ||348
-
348|77| ||348
-
348|77| ||-
-
-
7,271
544
7,815|-
6,294| |||| ||41
-
41
1,479
-
1,479|69
1,539| ||1,520
-
1,520|1,608| ||12,706
1,013
13,719|13,852| |||| ||14,226
1,013
15,239|15,460| ||(6,955)
(469)
(7,424)
36,537
2,607
39,144|(9,166)
48,310| |||| ||29,582
2,138
31,720
39,144|| All of the Charity's operations are classed as continuing The Charity has no recognised gains or losses other than as shown above **3** ## **BRAUNTON AND DISTRICT MUSEUM BALANCE SHEET as at 31st December 2023** |Note
**Fixed Assets**
Equipment at costs
Less: Accumulated depreciation
**Current assets**
Stock of goods for resale
Debtors/prepayments
Short-term deposits
Cash at bank and in hand
**Current liabilities**
Sundry creditors
Net current assets
Net total assets
Unrestricted General Fund
Restricted Fund -
Stair lift & Other
8|24,948
24,948
22,459
21,703
2,489
3,245
3,158
3,463
1,499
649
21,300
7,952
6,314
27,476
32,271
39,540
3,040
3,641
29,230
35,899
31,720
39,144
29,582
36,537
2,138
2,607
31,720
39,144
2022
2023|24,948
24,948
22,459
21,703
2,489
3,245
3,158
3,463
1,499
649
21,300
7,952
6,314
27,476
32,271
39,540
3,040
3,641
29,230
35,899
31,720
39,144
29,582
36,537
2,138
2,607
31,720
39,144
2022
2023| |---|---|---| |||| |||39,144| |||36,537
2,607| |||39,144| Approved by the trustees on ## 22/10/24 ………………………………………………… Date: and signed on their behalf by: ## James Benning James Benning (Oct 22, 2024 16:48 GMT+1) ………………………………………………… **4** ## **BRAUNTON AND DISTRICT MUSEUM Year ended 31st December 2023** ## **NOTES TO THE ACCOUNTS** ## 1. **Accounting Policies** ## **Basis of accounting** These accounts have been prepared under historical cost convention with recognised at cost or transaction value unless otherwise stated. The accounts have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014, and with the Charities Act 2011. ## **Income** Grants and donations are brought into account when received. Investment income is accounted for in the year in which the charity is entitled to the receipt. Gift Aid receivable is included in income when there is a valid declartion from the donor, and is treated as an addition to the same fund as the initial donation. The value of volunteer help received is not included in the accounts but is described in the trustees' annual report. ## **Purchase of goods for resale** Where books are produced by the museum, they are brought into stock at cost. Where books are printed as the result of a grant, the cost is written off and the full income is taken into account on sale. ## **Resources expended** Expenditure is included on an accruals basis. ## **Depreciation** Depreciation is provided at a rate of 15% per annum using the reducing balance basis. for any assets purchased before 01 January 2018. Fixed Asset purchases after 01 January 2018 is provided at a rate of 25% using the straight line basis. ## 2. **Grants received** |Braunton Parish Council|**Unrestricted**
**Restricted**
**Total**
**funds**
**funds**
**funds**
**2023**
**2023**
**2023**|**Total**
**funds**
**2022**| |---|---|---| ||-
544
544|231| ||-
544
544
231|| ## **Further information regarding some of the grants received** Refund for alarm cost 2a 544 **5** ## **BRAUNTON AND DISTRICT MUSEUM Year ended 31st December 2023** ## **NOTES TO THE ACCOUNTS continued…** |3
4
5|**Income from Fundraising Events**
Fundraising events
Fundraising expense
**Income from Shop**
**Income**
Shop Sales
Postage
Cards for good causes commission
Information Services
Total income from Shop
**Cost of Sales**
Opening stock
Purchases of goods for resale
Closing stock
**Profit from shop sales**
**Staff costs**
Salaries and wages
Other employee benefits
**Total staff costs**
Average number of employees in the year
Employed in charitable activities|**2023**
**£**
1,150
41
1,109
**2023**
**£**
3,059
19
207
3,285
5
3,290
3,463
1,174
4,637
3,158
1,479
1,811
**2023**
**£**
4,769
-
4,769
1|**2022**| |---|---|---|---| ||||**£**
378
69| ||||309| ||||**2022**| ||||**£**
3,377
18
215| ||||3,610| ||||305| ||||3,915| ||||3,238
1,764| ||||5,002
3,463| ||||1,539| ||||2,376| ||||**2022**| ||||**£**
4,377
-| ||||4,377| ||||1| No employees received employee benefits of more then £60,000 in the reporting period. No employees are accuing benefits under a retirement scheme. **6** 9 **Restricted Funds** ## **BRAUNTON AND DISTRICT MUSEUM Year ended 31st December 2023** ## **NOTES TO THE ACCOUNTS continued…** ## 6 **Museum running costs** |Administrators salaries
Rent
Light and Heat
Water
Insurance
Maintenance, replacements and alarm costs
Telephone
Museum and office running expenses
Streamline charges
Website Hosting
Depreciation
Accountant
Stair lift
Till difference|**2023**
**2023**
**2023**
**2022**|**2023**
**2023**
**2023**
**2022**| |---|---|---| ||**Unrestricted**
**Restricted**
**Total**
4,769
-
4,769
1,366
-
1,366
1,883
-
1,883
389
-
389
596
-
596
1,203
894
2,097
585
-
585
288
-
288
56
-
56
-
119
119
755
-
755
834
-
834
-
-
-
(19)
-
(19)|4,377
1,366
2,833
305
539
1,155
441
230
307
209
1,224
720
160
(14)| ||12,706
1,013
13,719
13,852|| 7 **Payments to trustees** No remuneration or expenses have been paid, nor have any gifts or benefits been provided, to any trustee. 8 **Commitments and contingent liabilities** At the year end the trustees had not authorised any capital expenditure and were not aware of any contingent liabilities. All restricted funds are cash in the Bank **7** ## Braunton Museum accounts 2023 Draft - RW amended v2 Final Audit Report 2024-10-25 Created: 2024-10-22 By: Suzanne Tucker (tuckersuzanne3@gmail.com) Status: Signed Transaction ID: CBJCHBCAABAA-8pkUUM5dv_0JjoRREJqeJJkI2cGFO7g ## "Braunton Museum accounts 2023 Draft - RW amended v2" Hist ory Document created by Suzanne Tucker (tuckersuzanne3@gmail.com) 2024-10-22 - 3:46:47 PM GMT Document emailed to James Benning (jbenning@jbenning.co.uk) for signature 2024-10-22 - 3:46:51 PM GMT Email viewed by James Benning (jbenning@jbenning.co.uk) 2024-10-22 - 3:47:13 PM GMT Document e-signed by James Benning (jbenning@jbenning.co.uk) Signature Date: 2024-10-22 - 3:48:16 PM GMT - Time Source: server Document emailed to Rebecca Williams (rwilliams@lcaca.co.uk) for signature 2024-10-22 - 3:48:18 PM GMT Email viewed by Rebecca Williams (rwilliams@lcaca.co.uk) 2024-10-25 - 9:47:37 AM GMT Document e-signed by Rebecca Williams (rwilliams@lcaca.co.uk) Signature Date: 2024-10-25 - 9:48:26 AM GMT - Time Source: server Agreement completed. 2024-10-25 - 9:48:26 AM GMT