| Page | ||||
|---|---|---|---|---|
| Report ofthe Trustees | 1 | to | 6 | |
| Independent Examiner's |
Report | |||
| Statement ofFinancial | Activities | |||
| Balance Sheet | ||||
| Notes to the Financial Statements | 10 | to | 20 |
| 2020 | 2019 | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | Total | Total | |||
| funds | funds | fund | funds | funds | |||
| as restated | |||||||
| Notes | |||||||
| INCOME AND | |||||||
| ENDOWMENTS FROM |
|||||||
| Donations and legacies |
361,207 | 361,207 | 9,572 | ||||
| Other trading activities | 6,503 | 6,503 | 11,337 | ||||
| Investment income |
1,823 | 1,734 | 3,557 | 3,636 | |||
| Total | 369,533 | 1,734 | 371,267 | 24,545 | |||
| EXPENDITURE ON | |||||||
| Raising funds | 6,365 | 269 | 6,634 | 5,264 | |||
| Charitable activities |
|||||||
| Charitable Activities |
30,283 | 1,600 | 31,883 | 33,925 | |||
| Total | 36,648 | 1,869 | 38,517 | 39,189 | |||
| Net gains on investments | 2,818 | 1,045 | 1,658 | 5,521 | 10,497 | ||
| NET | |||||||
| INCOME/(EXPENDITURE) | 335,703 | 910 | 1,658 | 338,271 | (4,147) | ||
| RECONCILIATION | OF | ||||||
| FUNDS | |||||||
| Total funds brought forward | 551,417 | 28,392 | 33,514 | 613,323 | 617,470 | ||
| TOTAL FUNDS CARRIED | |||||||
| FORWARD | 887,120 | 29,302 | 35,172 | 951,594 | 613,323 |
| 2020 | 2019 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | Total | Total | ||
| funds | funds | fund | funds | funds | ||
| as restated | ||||||
| Notes | ||||||
| FIXEDASSETS | ||||||
| Tany'ble assets | 8 | 430,418 | 430,418 | 443,894 | ||
| Investments | 9 | 57,834 | 22,001 | 35,171 | 115,006 | 109,485 |
| 488,252 | 22,001 | 35,171 | 545,424 | 553,379 | ||
| CURRENT ASSETS | ||||||
| Stocks Debtors Cash at bank and in hand |
10 11 |
1,922 12,713 385,253 |
7,301 | 1,922 12,713 392,555 |
2,024 1,169 57,384 |
|
| 399,888 | 7,301 | 407,190 | 60,577 | |||
| CREDITORS | ||||||
| Amounts falling due within one |
||||||
| year | 12 | (1,020) | (1,020) | (633) | ||
| NET CURRENT ASSETS | 398,868 | 7,301 | 406,170 | 59,944 | ||
| TOTAL ASSETSLESS | ||||||
| CURRENT LIABILITIES | 887,120 | 29,302 | 35,172 | 951,594 | 613,323 | |
| NET ASSETS | 887,120 | 29,302 | 35,172 | 951,594 | 613,323 | |
| FUNDS | 13 | |||||
| Unrestricted funds |
887,120 | 551,417 | ||||
| Restricted funds | 29,302 | 28,392 | ||||
| Endowment funds |
35,172 | 33,514 | ||||
| TOTAL FUNDS | 951,594 | 613,323 |
| 2020 | 2019 | |||
|---|---|---|---|---|
| as restated | ||||
| Fundraising events Shop income Rental Income |
185 318 6,000 |
2,808 2,529 6,000 |
||
| 6,503 | 11,337 | |||
| INVESTMENT INCOME | ||||
| 2020 | 2019 | |||
| as restated | ||||
| Dividend and Bank Interest |
3,557 | 3,636 | ||
| RAISING | FUNDS | |||
| Investment | management | costs | ||
| 2020 | 2019 | |||
| as restated | ||||
| Maintenance | charges | 6,148 | 4,090 |
| Unrestricted | Restricted | Endowment | Total | ||
|---|---|---|---|---|---|
| funds | funds | fund | funds | ||
| as restated | |||||
| INCOME | AND ENDOWMENTS FROM | ||||
| Donations | and legacies | 9,072 | 500 | 9,572 | |
| Other trading activities | 11,078 | 259 | 11,337 | ||
| Investment | income | 1,895 | 697 | 1,044 | 3,636 |
| Total | 22,045 | 1,456 | 1,044 | 24,545 | |
| EXPENDITURE ON | |||||
| Raising funds | 5,252 | 12 | 5,264 | ||
| Charitable | activities | ||||
| Charitable | Activities | 31,017 | 2,908 | 33,925 | |
| Total | 36,269 | 2,920 | 39,189 |
| COMPARATIVES FOR THE STATEMEN | T OF FINANCIAL | ACTIVITIES | -continued | |
|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | Total | |
| funds | funds | fuild | funds | |
| as restated | ||||
| Net gains on invesi ments | 5,445 | 1,965 | 3,087 | 10,497 |
| NET INCOME/(EXPENDITURE) | (8,779) | 501 | 4,131 | (4,147) |
| Transfers between funds |
1,044 | (1,044) | ||
| Net movement in funds |
(7,735) | 501 | 3,087 | (4,147) |
| RECONCILIATION OF FUNDS |
||||
| Total funds brought forward | 559,152 | 27,891 | 30,427 | 617,470 |
| TOTAL FUNDS CARRIED FORWARD | 551,417 | 28,392 | 33,514 | 613,323 |
| A prior year restatement has on a combination ofaccrual |
A prior year restatement has on a combination ofaccrual |
been perfoimed and receipt and |
been perfoimed and receipt and |
due to the payment |
fact the accounts were prepared during on accounting. As total income has surpassed |
fact the accounts were prepared during on accounting. As total income has surpassed |
fact the accounts were prepared during on accounting. As total income has surpassed |
fact the accounts were prepared during on accounting. As total income has surpassed |
the prior year 6250k within |
the prior year 6250k within |
|---|---|---|---|---|---|---|---|---|---|---|
| this financial year, accrual December 2020. And as this |
accounting has to be adopted as per the Charities has occurred, the year ending 31 December 2019 set |
SORP for the year ending 31 ofaccounts have been restated |
||||||||
| into a full set ofaccillal | accounts. | |||||||||
| TANGIBLE FIXEDASSETS | ||||||||||
| Fixtures | ||||||||||
| Freehold | alld | |||||||||
| property | fittings | Totals | ||||||||
| COST | ||||||||||
| At 1 January 2020 | 370,000 | 107,614 | 477,614 | |||||||
| Additions | 3,749 | 3,749 | ||||||||
| At 31 December 2020 | 370,000 | 111,363 | 481,363 | |||||||
| DEPRECIATION | ||||||||||
| At 1 January 2020 | 33,720 | 33,720 | ||||||||
| Charge for year | 17,225 | 17,225 | ||||||||
| At 31December 2020 | 50,945 | 50,945 | ||||||||
| NET BOOK VALUE | ||||||||||
| At 31December 2020 | 370,000 | 60,418 | 430,418 | |||||||
| At 31December 2019 | 370,000 | 73,894 | 443,894 |
| Listed | |||||
|---|---|---|---|---|---|
| investments | |||||
| MARKET VALUE | |||||
| At 1 January | 2020 | 109,485 | |||
| Revaluations | 5,521 | ||||
| At 31 December 2020 | 115,006 | ||||
| NET BOOK VALUE | |||||
| At 31 December 2020 | 115,006 | ||||
| At 31 December 2019 | 109,485 | ||||
| There were no investment | assets outside the UK. | ||||
| 10. | STOCKS | ||||
| 2020 | 2019 | ||||
| as restated | |||||
| Stocks | 1,922 | 2,024 | |||
| 11. | DEBTORS: | AMOUNTS | FALLING DUE WITHIN ONE YEAR | ||
| 2020 | 2019 | ||||
| as restated | |||||
| Other debtors | 11,960 | 1,169 | |||
| Prepayments | and accrued | income | 753 | ||
| 12,713 | 1,169 | ||||
| 12. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||
| 2020 | 2019 | ||||
| as restated | |||||
| Other creditors | 1,020 | 633 |
| Net | Transfers | ||||||
|---|---|---|---|---|---|---|---|
| movement | between | At | |||||
| At 1.1.20 | in funds | funds | 31.12.20 | ||||
| Unrestricted funds |
|||||||
| General fund Major Repair Fund |
460,516 40,647 |
(11,813) 3,370 |
3,749 | 452,452 44,017 |
|||
| Capital | |||||||
| Equipment/Improvement/Acquisition Electronic Display Reserve Fund |
Fund | 49,860 394 |
2,293 (113) |
(3,749) | 48,404 281 |
||
| Museum Enhancement Fund |
341,966 | 341,966 | |||||
| 551,417 | 335,703 | 887,120 | |||||
| Restricted funds | |||||||
| Honorarium Accumulated |
Income | Fund | 27,154 | 1,179 | 28,333 | ||
| Turning the Pages - |
(Missal) | 269 | (269) | ||||
| Conservation | 352 | 352 | |||||
| Special Exhibitions | k, Events | 364 | 364 | ||||
| Development ofthe |
Natural | History Room | 110 | 110 | |||
| Enhancement ofthe |
Oral History | ||||||
| Collection | 143 | 143 | |||||
| 28,392 | 910 | 29,302 | |||||
| Endowment funds |
|||||||
| Honorarium Capital |
Fund | 33,514 | 1,658 | 35,172 | |||
| TOTAL FUNDS | 613,323 | 338,271 | 951,594 | ||||
| Net movement in funds, included |
in the above are as follows: | ||||||
| Incoming | Resources | Gains and | Movement | ||||
| resources | expended | losses | in funds | ||||
| Unrestricted funds |
|||||||
| General fund | 15,085 | (27,248) | 350 | (11,813) | |||
| Major Repair Fund | 6,716 | (4,445) | 1,099 | 3,370 | |||
| Capital | |||||||
| Equipment/Improvement/Acquisition | Fund | 924 | 1,369 | 2,293 | |||
| Electronic Display Reserve | Fund | 7 | (120) | (113) | |||
| Museum Enhancement Fund |
346,801 | (4,835) | 341,966 | ||||
| 369,533 | (36,648) | 2,818 | 335,703 | ||||
| Restricted funds | |||||||
| Honorarium Accumulated Income |
Fund | 1,734 | (1,600) | 1,045 | 1,179 | ||
| Turning the Pages —(Missal) |
(269) | (269) | |||||
| 1,734 | (1,869) | 1,045 | 910 | ||||
| Endowment funds |
|||||||
| Honorarium Capital |
Fund | 1,658 | 1,658 | ||||
| TOTAL FUNDS | 371,267 | (38,517) | 5,521 | 338,271 |
| Net | Transfers | |||||||
|---|---|---|---|---|---|---|---|---|
| movement | between | At | ||||||
| At 1.1.19 | in funds | funds | 31.12.19 | |||||
| Unrestricted funds |
||||||||
| General fund Major Repair Fund Capital |
477,413 34,270 |
(17,941) 6,377 |
1,044 | 460,516 40,647 |
||||
| Equipment/Improvement/Acquisition Electronic Display Reserve Fund |
Fund | 46,951 518 |
2,909 (124) |
49,860 394 |
||||
| Restricted funds | 559,152 | (8,779) | 1,044 | 551,417 | ||||
| Honorarium Accumulated |
Income Fund | 25,851 | 1,303 | 27,154 | ||||
| Turning the Pages - |
(Missal) | 281 | (12) | 269 | ||||
| Conservation | 1,386 | (1,034) | 352 | |||||
| Special Exhibitions Development ofthe |
&,Events Natural History Room |
370 (390) |
(6) 500 |
364 110 |
||||
| Enhancement ofthe |
Oral History | |||||||
| Collection | 143 | 143 | ||||||
| Curator's Honorarium |
250 | (250) | ||||||
| 27,891 | 501 | 28,392 | ||||||
| Endowment funds |
||||||||
| Honorarium Capital |
Fund | 30,427 | 4,131 | (1,044) | 33,514 | |||
| TOTAL FUNDS | 617,470 | (4,147) | 613,323 |
| Incoming | Resources | Gains and | Movement | ||||
|---|---|---|---|---|---|---|---|
| resources | expended | losses | in funds | ||||
| Unrestricted funds |
|||||||
| General fund Major Repair Fund Capital |
13,954 6,736 |
(32,710) (2,437) |
815 2,078 |
(17,941) 6,377 |
|||
| Equipment/Improvement/Acquisition Electronic Display Reserve Fund |
Fund | 1,243 112 |
(886) (236) |
2,552 | 2,909 (124) |
||
| Restricted funds | 22,045 | (36,269) | 5,445 | (8,779) | |||
| Honorarium Accumulated |
Income Fund | 688 | (1,350) | 1,965 | 1,303 | ||
| Turning the Pages —(Missal) Conservation Special Exhibitions A, Events Development ofthe Natural History Room |
260 8 500 |
(12) (1,294) (14) |
(12) (1,034) (6) 500 |
||||
| Curator's Honorarium |
(250) | (250) | |||||
| 1,456 | (2,920) | 1,965 | 501 | ||||
| Endowment funds |
|||||||
| Honorarium Capital |
Fund | 1,044 | 3,087 | 4,131 | |||
| TOTAL FUNDS | 24,545 | (39,189) | 10,497 | (4,147) |
| Net | Transfers | |||||
|---|---|---|---|---|---|---|
| movement | between | At | ||||
| At 1.1.19 | in funds | funds | 31.12.20 | |||
| Unrestricted funds |
||||||
| General fund | 477,413 | (29,754) | 4,793 | 452,452 | ||
| Major Repair Fund | 34,270 | 9,747 | 44,017 | |||
| Capital | ||||||
| Equipment/Improvement/Acquisition Electronic Display Reserve Fund |
Fund | 46,951 518 |
5,202 (237) |
(3,749) | 48,404 281 |
|
| Museum Enhancement |
Fund | 341,966 | 341,966 | |||
| 559,152 | 326,924 | 1,044 | 887,120 | |||
| Restricted funds | ||||||
| Honorarium Accumulated Income Fund |
25,851 | 2,482 | 28,333 | |||
| Turning the Pages —(Missal) |
281 | (281) | ||||
| Conservation | 1,386 | (1,034) | 352 | |||
| Special Exhibitions k, Events Development ofthe Natural History Room |
370 (390) |
(6) 500 |
364 110 |
|||
| Enhancement ofthe Oral History |
||||||
| Collection | 143 | 143 | ||||
| Curator's Honorarium |
250 | (250) | ||||
| 27,891 | 1,411 | 29,302 | ||||
| Endowment funds |
||||||
| Honorarium Capital Fund |
30,427 | 5,789 | (1,044) | 35,172 | ||
| TOTALFUNDS | 617,470 | 334,124 | 951,594 |
| Incoming | Resources | Gains and | Movement | |||
|---|---|---|---|---|---|---|
| resources | expended | losses | in funds | |||
| Unrestricted funds |
||||||
| General fund Major Repair Fund Capital |
29,039 13,452 |
(59,958) (6,882) |
1,165 3,177 |
(29,754) 9,747 |
||
| Equipment/Improvement/Acquisition Electronic Display Reserve Fund Museum Enhancement Fund |
Fund | 2,167 119 346,801 |
(886) (356) (4,835) |
3,921 | 5,202 (237) 341,966 |
|
| Restricted funds | 391,578 | (72,917) | 8,263 | 326,924 | ||
| Honorarium Accumulated |
Income Fund | 2,422 | (2,950) | 3,010 | 2,482 | |
| Turning the Pages —(Missal) Conservation Special Exhibitions 8cEvents Development ofthe Natural History Room |
260 8 500 |
(281) (1,294) (14) |
(281) (1,034) (6) 500 |
|||
| Curator's Honorarium |
(250) | (250) | ||||
| Endowment funds |
3,190 | (4,789) | 3,010 | 1,411 | ||
| Honorarium Capital Fund |
1,044 | 4,745 | 5,789 | |||
| TOTAL FUNDS | 395,812 | (77,706) | 16,018 | 334,124 |